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REAL ESTATE OWNED, NET (Tables)
3 Months Ended
Mar. 31, 2017
Real Estate [Abstract]  
Schedule of Changes in Real Estate Owned, Net of Valuation Adjustments
The following table presents the changes in REO for the three months ended March 31, 2017 and 2016 (in thousands):
 
Three Months Ended
March 31,
 
2017
 
2016
Balance, beginning of the period
$
11,081

 
$
11,627

Additions from loan foreclosures

 
2

Additions from acquisitions

 
400

Proceeds from dispositions of REO
(9,193
)
 
(4,666
)
Gain on sale of REO
1,202

 
49

Valuation adjustments in the period
(50
)
 
(205
)
Balance, end of the period
$
3,040

 
$
7,207