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

Quarterly report pursuant to Section 13 or 15(d)

SUBSEQUENT EVENTS (Details Narrative)

SUBSEQUENT EVENTS (Details Narrative) - USD ($)					1 Months Ended					3 Months Ended		9 Months Ended		12 Months Ended
SUBSEQUENT EVENTS (Details Narrative) - USD ($)	Oct. 13, 2016	Oct. 07, 2016	Jul. 12, 2016	Mar. 29, 2016	Oct. 31, 2016	Sep. 30, 2016	Jul. 31, 2016	Apr. 30, 2016	Jan. 31, 2016	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015	Dec. 31, 2015
Subsequent Event [Line Items]
Proceeds from transaction												$ 1,128,906,000	$ 1,061,499,000
Dividends declared per share of common stock (in dollars per share)			$ 0.12	$ 0.12						$ 0.12	$ 0.12	$ 0.24	$ 0.36
Dividends paid							$ 9,400,000	$ 9,400,000
Series B Cumulative Redeemable Preferred Stock
Subsequent Event [Line Items]
Dividends declared per share of preferred stock (in dollars per share)			$ 0.609375	$ 0.609375
Preferred stock, dividend rate			9.75%	9.75%								9.75%		9.75%
Series C Cumulative Redeemable Preferred Stock
Subsequent Event [Line Items]
Dividends declared per share of preferred stock (in dollars per share)			$ 0.503125	$ 0.503125
Preferred stock, dividend rate			8.05%	8.05%								8.05%		8.05%
Series D Cumulative Redemable Preferred
Subsequent Event [Line Items]
Dividends declared per share of preferred stock (in dollars per share)			$ 0.523438	$ 0.523438
Preferred stock, dividend rate			8.375%	8.375%								8.375%		8.375%
FNMA/FHLMC
Subsequent Event [Line Items]
Investment owned						$ 35,600,000.0				$ 35,600,000.0		$ 35,600,000.0
Average price percentage - purchases						103.80%
Proceeds from transaction						$ 37,000,000	373,100,000	364,300,000	$ 361,300,000
Proceeds from securities purchased under agreements to resell						35,400,000
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%
Repayments of repurchase agreements							$ 361,100,000	$ 352,000,000	$ 348,600,000
FNMA/FHLMC 2
Subsequent Event [Line Items]
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 transaction						$ 663,500,000	$ 453,100,000	381,100,000	$ 105,900,000
Proceeds from securities purchased under agreements to resell						$ 628,200,000	$ 434,900,000	$ 366,400,000	$ 102,200,000
Average price percentage - sold								105.00%
Subsequent Event
Subsequent Event [Line Items]
Dividends declared per share of common stock (in dollars per share)	$ 0.12000
Dividends paid					$ 9,400,000
Subsequent Event \| Series B Cumulative Redeemable Preferred Stock
Subsequent Event [Line Items]
Dividends declared per share of preferred stock (in dollars per share)	$ 0.609375
Preferred stock, dividend rate	9.75%
Subsequent Event \| Series C Cumulative Redeemable Preferred Stock
Subsequent Event [Line Items]
Dividends declared per share of preferred stock (in dollars per share)	$ 0.503125
Preferred stock, dividend rate	8.05%
Subsequent Event \| Series D Cumulative Redemable Preferred
Subsequent Event [Line Items]
Dividends declared per share of preferred stock (in dollars per share)	$ 0.523438
Preferred stock, dividend rate	8.375%
Subsequent Event \| FNMA/FHLMC
Subsequent Event [Line Items]
Investment owned	$ 632,200,000.0	$ 776,900,000.0
Average price percentage - purchases	104.90%	103.60%
Proceeds from transaction	$ 663,500,000	$ 805,100,000
Proceeds from securities purchased under agreements to resell	628,200,000	$ 769,600,000
Subsequent Event \| FNMA/FHLMC 2
Subsequent Event [Line Items]
Proceeds from transaction	858,200,000
Face amount of securities sold	$ 817,200,000.0
Average price percentage - sold	105.00%
Repayments of repurchase agreements	$ 831,700,000