Quarterly report pursuant to Section 13 or 15(d)

REAL ESTATE SECURITIES (Real Estate Securities Holdings) (Details)

v3.5.0.2
REAL ESTATE SECURITIES (Real Estate Securities Holdings) (Details)
 6 Months Ended
Jun. 30, 2016
USD ($)
contract
security
Dec. 31, 2015
USD ($)
Apr. 30, 2010
security
Schedule of Available-for-sale Securities [Line Items]      
Carrying Value $ 12,988,000 $ 59,034,000  
Total outstanding face amount of fixed rate securities 437,300,000    
Total outstanding face amount of floating rate securities 29,100,000    
Unlevered real estate securities | Other      
Schedule of Available-for-sale Securities [Line Items]      
Outstanding Face Amount $ 37,540,000    
Number of Securities (in contracts/securities) | security 12    
Excluded from face amount of unlevered real estate securities $ 183,500,000    
Total Securities, Pledged as Collateral      
Schedule of Available-for-sale Securities [Line Items]      
Outstanding Face Amount 428,881,000    
Before Impairment - Amortized Cost Basis 453,116,000    
Other-Than-Temporary Impairment - Amortized Cost Basis 0    
After Impairment - Amortized Cost Basis 453,116,000    
Gross Unrealized Gains 100,000    
Gross Unrealized Losses (401,000)    
Carrying Value $ 452,815,000    
Number of Securities (in contracts/securities) | contract 12    
Real Estate Securities Available For Sale      
Schedule of Available-for-sale Securities [Line Items]      
Before Impairment - Amortized Cost Basis $ 20,192,000    
Other-Than-Temporary Impairment - Amortized Cost Basis (19,476,000)    
After Impairment - Amortized Cost Basis 716,000    
Gross Unrealized Gains 12,272,000    
Gross Unrealized Losses 0    
Carrying Value $ 12,988,000    
Number of Securities (in contracts/securities) | contract 7    
Non-consolidated CDO Securities      
Schedule of Available-for-sale Securities [Line Items]      
Outstanding Face Amount $ 0    
CMBS      
Schedule of Available-for-sale Securities [Line Items]      
Outstanding Face Amount 10,308,000    
Before Impairment - Amortized Cost Basis 10,308,000    
Other-Than-Temporary Impairment - Amortized Cost Basis (10,308,000)    
After Impairment - Amortized Cost Basis 0    
Gross Unrealized Gains 0    
Gross Unrealized Losses 0    
Carrying Value $ 0    
Number of Securities (in contracts/securities) | contract 2    
Weighted Average Rating C    
Weighted Average Coupon 2.44%    
Weighted Average Yield 0.00%    
Weighted Average Life 1 day    
Weighted Average Principal Subordination 0.00%    
Non-Agency RMBS      
Schedule of Available-for-sale Securities [Line Items]      
Outstanding Face Amount $ 4,000,000    
Before Impairment - Amortized Cost Basis 2,237,000    
Other-Than-Temporary Impairment - Amortized Cost Basis (1,521,000)    
After Impairment - Amortized Cost Basis 716,000    
Gross Unrealized Gains 2,362,000    
Gross Unrealized Losses 0    
Carrying Value $ 3,078,000    
Number of Securities (in contracts/securities) | contract 1    
Weighted Average Rating C    
Weighted Average Coupon 0.85%    
Weighted Average Yield 24.22%    
Weighted Average Life 9 years 7 months 6 days    
Weighted Average Principal Subordination 25.60%    
ABS - Small Business Loans      
Schedule of Available-for-sale Securities [Line Items]      
Outstanding Face Amount $ 8,464,000    
Before Impairment - Amortized Cost Basis 7,647,000    
Other-Than-Temporary Impairment - Amortized Cost Basis (7,647,000)    
After Impairment - Amortized Cost Basis 0    
Gross Unrealized Gains 0    
Gross Unrealized Losses 0    
Carrying Value $ 0    
Number of Securities (in contracts/securities) | contract 1    
Weighted Average Rating C    
Weighted Average Coupon 6.69%    
Weighted Average Yield 0.00%    
Weighted Average Life 1 day    
Weighted Average Principal Subordination 0.00%    
CDO      
Schedule of Available-for-sale Securities [Line Items]      
Outstanding Face Amount $ 14,768,000    
Before Impairment - Amortized Cost Basis 0    
Other-Than-Temporary Impairment - Amortized Cost Basis 0    
After Impairment - Amortized Cost Basis 0    
Gross Unrealized Gains 9,910,000    
Gross Unrealized Losses 0    
Carrying Value $ 9,910,000    
Number of Securities (in contracts/securities) 2   2
Weighted Average Rating C    
Weighted Average Coupon 1.85%    
Weighted Average Yield 0.00%    
Weighted Average Life 4 years 6 months 6 days    
Weighted Average Principal Subordination 27.10%    
Debt securities      
Schedule of Available-for-sale Securities [Line Items]      
Outstanding Face Amount $ 37,540,000    
Before Impairment - Amortized Cost Basis 20,192,000    
Other-Than-Temporary Impairment - Amortized Cost Basis (19,476,000)    
After Impairment - Amortized Cost Basis 716,000    
Gross Unrealized Gains 12,272,000    
Gross Unrealized Losses 0    
Carrying Value $ 12,988,000    
Number of Securities (in contracts/securities) | contract 6    
Weighted Average Rating C    
Weighted Average Coupon 3.00%    
Weighted Average Yield 24.22%    
Weighted Average Life 2 years 9 months 6 days    
Equity Securities      
Schedule of Available-for-sale Securities [Line Items]      
Before Impairment - Amortized Cost Basis $ 0    
Other-Than-Temporary Impairment - Amortized Cost Basis 0    
After Impairment - Amortized Cost Basis 0    
Gross Unrealized Gains 0    
Gross Unrealized Losses 0    
Carrying Value $ 0    
Number of Securities (in contracts/securities) | contract 1    
FNMA/FHLMC      
Schedule of Available-for-sale Securities [Line Items]      
Outstanding Face Amount $ 428,881,000    
Before Impairment - Amortized Cost Basis 453,116,000    
Other-Than-Temporary Impairment - Amortized Cost Basis 0    
After Impairment - Amortized Cost Basis 453,116,000    
Gross Unrealized Gains 100,000    
Gross Unrealized Losses (401,000)    
Carrying Value $ 452,815,000    
Number of Securities (in contracts/securities) | contract 12    
Weighted Average Rating AAA    
Weighted Average Coupon 3.50%    
Weighted Average Yield 2.52%    
Weighted Average Life 4 years 6 days