Drive Shack Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

REAL ESTATE SECURITIES (Details Narrative)

REAL ESTATE SECURITIES (Details Narrative)	1 Months Ended						3 Months Ended		9 Months Ended
REAL ESTATE SECURITIES (Details Narrative)	Sep. 30, 2016 USD ($)	Aug. 31, 2016 USD ($) security	Jul. 31, 2016 USD ($)	Jun. 30, 2016 USD ($)	Apr. 30, 2016 USD ($)	Jan. 31, 2016 USD ($)	Sep. 30, 2016 USD ($)	Sep. 30, 2015 USD ($)	Sep. 30, 2016 USD ($)	Sep. 30, 2015 USD ($)
Schedule of Available-for-sale Securities [Line Items]
Other-than-temporary impairment on securities							$ 0	$ 450,000	$ 110,000	$ 9,860,000
Portion of other-than-temporary impairment on securities recognized in other comprehensive income (loss), net of the reversal of other comprehensive loss into net income (loss)							0	$ 23,000	54,000	(39,000)
Proceeds from transaction									1,128,906,000	$ 1,061,499,000
Real Estate Securities
Schedule of Available-for-sale Securities [Line Items]
Other-than-temporary impairment on securities									100,000
Portion of other-than-temporary impairment on securities recognized in other comprehensive income (loss), net of the reversal of other comprehensive loss into net income (loss)									100,000
FNMA/FHLMC
Schedule of Available-for-sale Securities [Line Items]
Face amount of securities sold			$ 353,600,000		$ 347,500,000.0	$ 350,300,000.0
Average price percentage - sold			105.50%		104.90%	103.20%
Proceeds from transaction	$ 37,000,000		$ 373,100,000		$ 364,300,000	$ 361,300,000
Repayments of repurchase agreements			361,100,000		352,000,000	348,600,000
Investment owned	$ 35,600,000.0						35,600,000.0		35,600,000.0
Average price percentage - purchases	103.80%
Proceeds from securities purchased under agreements to resell	$ 35,400,000
Gain on extinguishment of debt, net			1,800,000		$ 5,900,000
FNMA/FHLMC 2
Schedule of Available-for-sale Securities [Line Items]
Average price percentage - sold					105.00%
Proceeds from transaction	663,500,000		453,100,000		$ 381,100,000	105,900,000
Investment owned	$ 632,200,000.0		$ 428,900,000.0		363,100,000.0	$ 102,700,000.0	$ 632,200,000.0		$ 632,200,000.0
Average price percentage - purchases	104.90%		105.70%			103.20%
Proceeds from securities purchased under agreements to resell	$ 628,200,000		$ 434,900,000		$ 366,400,000	$ 102,200,000
FNMA/FHLMC 3
Schedule of Available-for-sale Securities [Line Items]
Face amount of securities sold	$ 817,200,000.0
Average price percentage - sold	105.00%
Proceeds from transaction	$ 858,200,000	$ 259,300,000				258,100,000
Repayments of repurchase agreements	831,700,000
Investment owned		$ 249,600,000.0				$ 250,100,000.0
Average price percentage - purchases		103.90%				103.20%
Proceeds from securities purchased under agreements to resell		$ 248,700,000				$ 249,100,000
Gain on extinguishment of debt, net	$ 100,000
Non-consolidated CDO Securities
Schedule of Available-for-sale Securities [Line Items]
Face amount of securities sold		$ 14,800,000.0		$ 10,000,000.0
Average price percentage - sold		67.30%		7.25%
Proceeds from transaction		$ 9,900,000		$ 700,000
Gain on extinguishment of debt, net		$ 9,900,000		$ 700,000
Number of securities sold (in securities) \| security		2
FNMA/FHLMC 4
Schedule of Available-for-sale Securities [Line Items]
Proceeds from transaction		$ 123,500,000
Investment owned		$ 116,800,000.0
Average price percentage - purchases		105.70%
Proceeds from securities purchased under agreements to resell		$ 118,600,000