Annual report pursuant to Section 13 and 15(d)

EQUITY AND EARNINGS PER SHARE EQUITY AND EARNINGS PER SHARE - Narrative (Details)

v3.6.0.2
EQUITY AND EARNINGS PER SHARE EQUITY AND EARNINGS PER SHARE - Narrative (Details)
1 Months Ended 12 Months Ended
May 07, 2015
$ / shares
shares
Nov. 06, 2014
shares
Oct. 22, 2014
Aug. 18, 2014
Feb. 13, 2014
$ / shares
May 15, 2013
shares
Jul. 31, 2016
shares
May 31, 2016
shares
Dec. 31, 2015
USD ($)
$ / shares
shares
Mar. 31, 2007
USD ($)
shares
Oct. 31, 2005
USD ($)
shares
Mar. 31, 2003
USD ($)
$ / shares
shares
Dec. 31, 2016
USD ($)
$ / shares
shares
Dec. 31, 2015
USD ($)
$ / shares
shares
Dec. 31, 2014
USD ($)
shares
Dec. 07, 2016
right
$ / shares
shares
Apr. 07, 2016
shares
Apr. 16, 2015
shares
Mar. 31, 2010
shares
Class of Stock [Line Items]                                      
Dilutive common stock equivalents (in shares)                         2,078,515 2,168,594 1,630,314        
Antidilutive common stock equivalents                         309,024 259,277 1,931,257        
Conversion ratio                         0.167            
Options granted to managers as percentage of shares sold in public offerings (as percent)                         10.00%            
Director awards granted on joining the board, per director                         333            
Share Price (in dollars per share) | $ / shares                         $ 3.76            
Preferred stock, par value (in dollars per share) | $ / shares                 $ 0.01       0.01 $ 0.01          
Preferred stock liquidation preference (in dollars per share) | $ / shares                 $ 25.00       $ 25.00 $ 25.00          
Cost incurred with stock issuance | $                         $ 0 $ 0 $ 595,000        
Equity method investment | $                 $ 20,600,000       19,300,000 $ 20,600,000          
Real Estate Investment with a Non-Controlling Interest                                      
Class of Stock [Line Items]                                      
Equity method investment | $                         $ 0            
Series B Preferred Stock                                      
Class of Stock [Line Items]                                      
Stock issued during period, shares, other                       2,500,000              
Issuance of preferred stock | $                       $ 62,500,000              
Preferred stock, dividend rate (as percent)                       9.75% 9.75% 9.75%          
Preferred stock liquidation preference (in dollars per share) | $ / shares                       $ 25.00              
Cost incurred with stock issuance | $                       $ 2,400,000              
Preferred stock, shares outstanding (in shares)                 1,347,321       1,347,321 1,347,321         1,347,321
Series C Preferred Stock                                      
Class of Stock [Line Items]                                      
Stock issued during period, shares, other                     1,600,000                
Issuance of preferred stock | $                     $ 40,000,000                
Preferred stock, dividend rate (as percent)                     8.05%   8.05% 8.05%          
Increased dividend rate of preferred stock, if delisting occurs (as percent)                     9.05%                
Cost incurred with stock issuance | $                     $ 1,500,000                
Preferred stock, shares outstanding (in shares)                 496,000       496,000 496,000         496,000
Series D Preferred Stock                                      
Class of Stock [Line Items]                                      
Stock issued during period, shares, other                   2,000,000                  
Issuance of preferred stock | $                   $ 50,000,000                  
Preferred stock, dividend rate (as percent)                   8.375%     8.375% 8.375%          
Increased dividend rate of preferred stock, if delisting occurs (as percent)                   9.375%                  
Cost incurred with stock issuance | $                   $ 1,800,000                  
Preferred stock, shares outstanding (in shares)                 620,000       620,000 620,000         620,000
Directors                                      
Class of Stock [Line Items]                                      
Shares of common stock issued for compensation (in shares)             21,798 57,740 18,798                    
Manager                                      
Class of Stock [Line Items]                                      
Vested options that become exercisable                         0.0769            
Maximum percent of shares sold in offering to be award to Manager (as percent)                         10.00%            
Expiration period                         10 years            
Exercisable period options granted to managers                         30 months            
Stock Option                                      
Class of Stock [Line Items]                                      
Issuance of stock options - equitable adjustment (in shares) 178,740                                    
Share Price (in dollars per share) | $ / shares $ 1.00                                    
New Residential Spin-Off                                      
Class of Stock [Line Items]                                      
Stock options converted in spin-off (in shares)           3,600,000                          
New Senior Spin-Off                                      
Class of Stock [Line Items]                                      
Stock options converted in spin-off (in shares)   5,500,000                                  
Strike price adjustment for spin-off (in dollars per share) | $ / shares         $ 5.34                            
Period used to determine average closing price         5 days                            
2014 Plan                                      
Class of Stock [Line Items]                                      
Conversion ratio     0.5 0.3333333333                              
2015 Plan                                      
Class of Stock [Line Items]                                      
Authorized shares under Plan (in share)                                   300,000  
Options granted to managers as percentage of shares sold in public offerings (as percent)                         10.00%            
Expiration period                         1 year            
2016 Plan                                      
Class of Stock [Line Items]                                      
Authorized shares under Plan (in share)                                 300,000    
Options granted to managers as percentage of shares sold in public offerings (as percent)                         10.00%            
Expiration period                         1 year            
Tax Benefits Preservation Plan | Common Stock                                      
Class of Stock [Line Items]                                      
Number of rights for each common stock outstanding | right                               1      
Tax Benefits Preservation Plan | Series E Preferred Stock                                      
Class of Stock [Line Items]                                      
Number of securities for each right (as share)                               0.0010      
Preferred stock, par value (in dollars per share) | $ / shares                               $ 0.01      
Purchase price per unit (in dollars per share) | $ / shares                               $ 27.00