Annual report pursuant to Section 13 and 15(d)

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Reclassification from accumulated other comprehensive income (Details)

v3.6.0.2
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Reclassification from accumulated other comprehensive income (Details) - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Accumulated Other Comprehensive Income (“AOCI”) Components      
Impairment (reversal) $ (10,381) $ (11,896) $ 2,419
Realized/unrealized (gain) loss on investments 685 (22,264) (69,593)
Gain on deconsolidation (82,130) 0 0
Interest expense 52,868 62,129 80,022
Reclassification from AOCI into net income      
Accumulated Other Comprehensive Income (“AOCI”) Components      
Net realized (gain) loss on securities (471) (30,640) (19,327)
Net realized (gain) loss on securities | Reclassification from AOCI into net income      
Accumulated Other Comprehensive Income (“AOCI”) Components      
Net realized (gain) loss on securities (451) (32,537) (23,679)
Impairment (reversal) | Reclassification from AOCI into net income      
Accumulated Other Comprehensive Income (“AOCI”) Components      
Impairment (reversal) (54) 31 0
(Gain) on settlement of real estate securities | Reclassification from AOCI into net income | Real Estate Securities      
Accumulated Other Comprehensive Income (“AOCI”) Components      
Realized/unrealized (gain) loss on investments (19,129) (42,356) (23,679)
Loss on settlement of real estate securities | Reclassification from AOCI into net income | Real Estate Securities      
Accumulated Other Comprehensive Income (“AOCI”) Components      
Realized/unrealized (gain) loss on investments 16,178 9,850 0
Realized (gain) on deconsolidation of CDO VI | Reclassification from AOCI into net income      
Accumulated Other Comprehensive Income (“AOCI”) Components      
Gain on deconsolidation (20,682) 0 0
Unrealized loss on real estate securities, intent-to-sell, reclassified from AOCI into income | Reclassification from AOCI into net income | Real Estate Securities      
Accumulated Other Comprehensive Income (“AOCI”) Components      
Realized/unrealized (gain) loss on investments 23,128 0 0
Net realized (gain) loss on derivatives designated as cash flow hedges | Reclassification from AOCI into net income | Hedging derivative | Cash flow hedges      
Accumulated Other Comprehensive Income (“AOCI”) Components      
Net realized (gain) loss on securities (20) 1,897 4,352
Realized loss recognized upon de-designation of hedges | Reclassification from AOCI into net income | Hedging derivative | Cash flow hedges      
Accumulated Other Comprehensive Income (“AOCI”) Components      
Realized/unrealized (gain) loss on investments 0 0 34
Loss recognized on termination of derivative instruments | Reclassification from AOCI into net income | Hedging derivative | Cash flow hedges      
Accumulated Other Comprehensive Income (“AOCI”) Components      
Realized/unrealized (gain) loss on investments 0 612 0
Amortization of deferred hedge (gain) | Reclassification from AOCI into net income | Hedging derivative | Cash flow hedges      
Accumulated Other Comprehensive Income (“AOCI”) Components      
Interest expense (20) (78) (61)
Loss reclassified from AOCI into income, related to effective portion | Reclassification from AOCI into net income | Hedging derivative | Cash flow hedges      
Accumulated Other Comprehensive Income (“AOCI”) Components      
Interest expense $ 0 $ (1,363) $ (4,379)