Quarterly report pursuant to Section 13 or 15(d)

DEBT OBLIGATIONS (Details Narrative)

v3.5.0.2
DEBT OBLIGATIONS (Details Narrative)
 1 Months Ended 9 Months Ended
Feb. 26, 2016
Sep. 30, 2016
USD ($)
property
Aug. 31, 2016
USD ($)
Jul. 31, 2016
USD ($)
Jun. 30, 2016
USD ($)
renewal
property
Apr. 30, 2016
USD ($)
Jan. 31, 2016
USD ($)
Sep. 30, 2016
USD ($)
property
Sep. 30, 2015
USD ($)
Debt Instrument [Line Items]                  
Proceeds from transaction               $ 1,128,906,000 $ 1,061,499,000
Outstanding face amount   $ 1,354,409,000           $ 1,354,409,000  
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     22  
Outstanding face amount   $ 102,000,000     $ 102,000,000.0     $ 102,000,000  
Debt instrument, term         3 years        
Number of renewals (in renewals) | renewal         2        
Renewal period         1 year        
Golf Term Loans | Lower Range                  
Debt Instrument [Line Items]                  
Minimum effective interest rate         6.50%        
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   16,117,000           $ 16,117,000  
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   $ 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  
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                  
Debt Instrument [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  
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                  
Debt Instrument [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              
FNMA/FHLMC 4                  
Debt Instrument [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