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STRUCTURED FINANCINGS, NET - Schedule of Notes Receivable (Details)
$ in Thousands
1 Months Ended 6 Months Ended
Feb. 28, 2015
USD ($)
Jun. 30, 2015
USD ($)
debtinstrument
loan
extension_option
Customer
Dec. 31, 2014
USD ($)
Mortgage Loans on Real Estate [Line Items]      
Net carrying amounts of notes receivable   $ 168,931 $ 102,286
Number of cross collateralized loans | loan   3  
Number of borrowers | Customer   1  
Additional investment $ 400    
First Mortgage Loan, 7.7% Loan Due 2015      
Mortgage Loans on Real Estate [Line Items]      
Effective interest rate   7.70%  
Net carrying amounts of notes receivable   $ 12,000 12,000
Mezzanine Loan, 12.7% Loan, Due 2015      
Mortgage Loans on Real Estate [Line Items]      
Effective interest rate   12.70%  
First priority liens   $ 18,900  
Net carrying amounts of notes receivable   $ 8,000 8,000
First Mortgage Loan, 8.8% Loan, Due 2015      
Mortgage Loans on Real Estate [Line Items]      
Effective interest rate   8.80%  
Net carrying amounts of notes receivable   $ 7,500 7,500
Extension options | extension_option   1  
Extension options, length of term   12 months  
Zero Coupon Loan Due 2016      
Mortgage Loans on Real Estate [Line Items]      
Effective interest rate   24.00%  
First priority liens   $ 166,200  
Net carrying amounts of notes receivable   0 4,986
Loans converted   $ 5,600  
First Mortgage Loan, 5.5% Loan Due 2016      
Mortgage Loans on Real Estate [Line Items]      
Effective interest rate   5.50%  
Net carrying amounts of notes receivable   $ 4,000 4,000
Extension options | extension_option   1  
Extension options, length of term   6 months  
First Mortgage Loan, 6% Loan Due On Demand      
Mortgage Loans on Real Estate [Line Items]      
Effective interest rate   6.00%  
Net carrying amounts of notes receivable   $ 15,000 0
Extension options | extension_option   1  
Extension options, length of term   12 months  
Preferred Equity, 13.5% Loan, Due 2016      
Mortgage Loans on Real Estate [Line Items]      
Effective interest rate   13.50%  
Net carrying amounts of notes receivable   $ 4,000 4,000
Other Loan 17% Due 2016      
Mortgage Loans on Real Estate [Line Items]      
Effective interest rate   17.00%  
Net carrying amounts of notes receivable   $ 6,500 0
Other Loan, 18%, Due 2017      
Mortgage Loans on Real Estate [Line Items]      
Effective interest rate   18.00%  
Net carrying amounts of notes receivable   $ 3,607 3,307
Preferred Equity, 8.1% Loan, Due 2017      
Mortgage Loans on Real Estate [Line Items]      
Effective interest rate   8.10%  
First priority liens   $ 20,855  
Net carrying amounts of notes receivable   13,000 13,000
First Mortgage Loan LIBOR Plus 7.1% Due 2018      
Mortgage Loans on Real Estate [Line Items]      
Net carrying amounts of notes receivable   $ 26,000 0
Extension options | extension_option   1  
Extension options, length of term   12 months  
First Mortgage Loan LIBOR Plus 7.1% Due 2018 | LIBOR      
Mortgage Loans on Real Estate [Line Items]      
Loans receivable, basis spread on variable rate   7.10%  
Zero Coupon Loan Due 2020      
Mortgage Loans on Real Estate [Line Items]      
Effective interest rate   2.50%  
Net carrying amounts of notes receivable   $ 29,793 0
Mezzanine Loan, Eighteen Percent, Due 2017 [Member]      
Mortgage Loans on Real Estate [Line Items]      
Effective interest rate   15.00%  
Net carrying amounts of notes receivable   $ 30,879 30,879
Other Loan, 15%, Loan Due 2020      
Mortgage Loans on Real Estate [Line Items]      
Net carrying amounts of notes receivable   $ 0 4,000
Other Loan, 15%, Loan Due 2020 | LIBOR      
Mortgage Loans on Real Estate [Line Items]      
Loans receivable, basis spread on variable rate   2.50%  
Mezzanine Loan, 10% Due On Demand      
Mortgage Loans on Real Estate [Line Items]      
Effective interest rate   10.00%  
First priority liens   $ 87,477  
Net carrying amounts of notes receivable   $ 7,983 7,983
Individually Less Than 3 Percent, Variable Interest Rate      
Mortgage Loans on Real Estate [Line Items]      
Effective interest rate   11.60%  
Net carrying amounts of notes receivable   $ 669 2,631
Loans converted   $ 1,900  
Number of loans | loan   1  
Nonperforming Financing Receivable      
Mortgage Loans on Real Estate [Line Items]      
Number of instruments held | debtinstrument   3  
152 -154 Spring St      
Mortgage Loans on Real Estate [Line Items]      
Percentage of interests acquired   10.00%  
Carrying Amount      
Mortgage Loans on Real Estate [Line Items]      
Notes receivable and preferred equity investments, net   $ 168,931 $ 102,286