Quarterly report pursuant to Section 13 or 15(d)

DEBT OBLIGATIONS (Details Narrative)

v3.5.0.2
DEBT OBLIGATIONS (Details Narrative)
 1 Months Ended 6 Months Ended
Feb. 26, 2016
Jun. 30, 2016
USD ($)
renewal
property
Apr. 30, 2016
USD ($)
Jan. 31, 2016
USD ($)
Jun. 30, 2016
USD ($)
property
Jun. 30, 2015
USD ($)
Debt Instrument [Line Items]            
Proceeds from transaction         $ 745,865,000 $ 406,269,000
Outstanding face amount   $ 891,783,000     $ 891,783,000  
Golf First Lien Loan            
Debt Instrument [Line Items]            
Variable interest rate spread 4.00%          
Mezzanine note payable            
Debt Instrument [Line Items]            
Face amount of securities sold     $ 19,400,000.0      
Repayments of debt     11,700,000      
Golf Term Loans            
Debt Instrument [Line Items]            
Repayments of repurchase agreements   $ 64,900,000        
Number of golf properties financed (in properties) | property   22     22  
Outstanding face amount   $ 102,000,000     $ 102,000,000  
Minimum effective interest rate   6.50%        
Debt instrument, term   3 years        
Number of renewals (in renewals) | renewal   2        
Renewal period   1 year        
Golf Term Loans | London Interbank Offered Rate (LIBOR)            
Debt Instrument [Line Items]            
Variable interest rate spread   4.70%     4.70%  
Golf Term Loans | London Interbank Offered Rate (LIBOR) | Lower Range            
Debt Instrument [Line Items]            
Variable rate         1.80%  
Golf Term Loans | London Interbank Offered Rate (LIBOR) | Upper Range | Interest rate cap            
Debt Instrument [Line Items]            
Variable rate         1.80%  
Capital Leases (Equipment)            
Debt Instrument [Line Items]            
Outstanding face amount   $ 14,563,000     $ 14,563,000  
Capital Leases (Equipment) | Lower Range            
Debt Instrument [Line Items]            
Debt instrument, term         36 months  
Capital Leases (Equipment) | Upper Range            
Debt Instrument [Line Items]            
Debt instrument, term         66 months  
FNMA/FHLMC            
Debt Instrument [Line Items]            
Face amount of securities sold   $ 353,600,000.0 $ 347,500,000.0 $ 350,300,000.0    
Average price percentage - sold   105.50% 104.90% 103.20%    
Proceeds from transaction   $ 373,100,000 $ 364,300,000 $ 361,300,000    
Repayments of repurchase agreements   361,100,000 352,000,000 348,600,000    
Gain on extinguishment of debt, net   1,800,000 $ 5,900,000      
FNMA/FHLMC 2            
Debt Instrument [Line Items]            
Average price percentage - sold     105.00%      
Proceeds from transaction   453,100,000 $ 381,100,000 105,900,000    
Investment owned   $ 428,900,000.0 363,100,000.0 $ 102,700,000.0 $ 428,900,000.0  
Average price percentage - purchases   105.70%   103.20%    
Proceeds from securities purchased under agreements to resell   $ 434,900,000 $ 366,400,000 $ 102,200,000    
FNMA/FHLMC 3            
Debt Instrument [Line Items]            
Proceeds from transaction       258,100,000    
Investment owned       $ 250,100,000.0    
Average price percentage - purchases       103.20%    
Proceeds from securities purchased under agreements to resell       $ 249,100,000