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COMMITMENTS AND CONTINGENCIES (Details) (USD $)
1 Months Ended 3 Months Ended 0 Months Ended 3 Months Ended
Mar. 31, 2014
Mar. 31, 2014
Ground lease for one of the project
Mar. 31, 2013
Ground lease for one of the project
Dec. 31, 2013
Ground lease for one of the project
Mar. 31, 2014
Office space in Dallas, Texas
Jan. 28, 2014
REIT Redux, L.P. et al v. PMC Commercial Trust, et al
CIM Service Provider
Maximum
Mar. 31, 2014
Executive officers
item
Mar. 31, 2014
Executive officers
Restricted share awards
Commitments and contingencies                
Outstanding loan commitments and approvals to fund loans $ 40,200,000              
Number of employees covered under employment agreement             2  
Multiplier used for the calculation of severance compensation or change in control payments             2.99  
Period of annual compensation paid to employee used to calculate severance compensation or change in control payments             3 years  
Multiplier used for the calculation of payments in the event of death of employee             2  
Multiplier used for the calculation of payments in the event of disability to employee             1  
Share awards to be granted as retention bonus under employment agreement               525,000
Number of common shares agreed to be purchased as a part of litigation settlement           2,750,000    
Market price (in dollars per share)           $ 5.00    
Attorney's fees and counselor expenses           772,000    
Number of common shares agreed to be purchase which are owned by REIT Redux           500,000    
Current annual rent   437,000            
Period after which the annual rental payment will be increased by greater of 15% or 50% of the increase in the Consumer Price Index   5 years            
Increase in annual rental payment after every 5 years, option one (as a percent)   15.00%            
Increase in annual rental payment after every 5 years, option two (as a percent)   50.00%            
Adjustment period used to calculate increase in the Consumer Price Index   5 years            
Increase in rent payable during the balance of the lease term expressed as a percentage of rent payable during the immediately preceding lease year commencing on June 1, 2040 and 2065   10.00%            
Rent expense 16,000 438,000 438,000          
Straight line rent liability   10,157,000   9,863,000        
Future noncancelable minimum lease payments                
2014 (Nine months ending December 31, 2014) 491,000              
2015 512,000              
2015         16,000      
2016 503,000              
2017 503,000              
2018 503,000              
Thereafter 129,031,000              
Total $ 131,543,000