Quarterly report pursuant to Section 13 or 15(d)

REAL ESTATE SECURITIES (Real Estate Securities Holdings) (Details)

v3.7.0.1
REAL ESTATE SECURITIES (Real Estate Securities Holdings) (Details)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2017
USD ($)
security
Jun. 30, 2016
USD ($)
Jun. 30, 2017
USD ($)
security
Jun. 30, 2016
USD ($)
Dec. 31, 2016
USD ($)
Schedule of Available-for-sale Securities [Line Items]          
After Impairment - Amortized Cost Basis $ 856   $ 856    
Carrying Value 2,114   2,114   $ 1,950
Realized and unrealized loss on investments 3,287 $ 1,462 6,676 $ 3,469  
Total outstanding face amount of fixed rate securities 310,700   310,700    
Total outstanding face amount of floating rate securities 4,000   4,000    
Total Securities, Pledged as Collateral          
Schedule of Available-for-sale Securities [Line Items]          
Outstanding Face Amount 310,713   310,713    
Before Impairment - Amortized Cost Basis 329,101   329,101    
Other-Than-Temporary Impairment - Amortized Cost Basis (11,094)   (11,094)    
After Impairment - Amortized Cost Basis 318,007   318,007    
Gross Unrealized Gains 1,177   1,177    
Gross Unrealized Losses 0   0    
Carrying Value $ 319,184   $ 319,184    
Number of securities (in securities) | security 1   1    
Total Securities, Available-for-Sale          
Schedule of Available-for-sale Securities [Line Items]          
Outstanding Face Amount $ 4,000   $ 4,000    
Before Impairment - Amortized Cost Basis 2,377   2,377    
Other-Than-Temporary Impairment - Amortized Cost Basis (1,521)   (1,521)    
After Impairment - Amortized Cost Basis 856   856    
Gross Unrealized Gains 1,258   1,258    
Gross Unrealized Losses 0   0    
Carrying Value $ 2,114   $ 2,114    
Number of securities (in securities) | security 1   1    
ABS - Non-Agency RMBS          
Schedule of Available-for-sale Securities [Line Items]          
Outstanding Face Amount $ 4,000   $ 4,000    
Before Impairment - Amortized Cost Basis 2,377   2,377    
Other-Than-Temporary Impairment - Amortized Cost Basis (1,521)   (1,521)    
After Impairment - Amortized Cost Basis 856   856    
Gross Unrealized Gains 1,258   1,258    
Gross Unrealized Losses 0   0    
Carrying Value $ 2,114   $ 2,114    
Number of securities (in securities) | security 1   1    
Weighted Average Rating     CCC    
Weighted Average Coupon (as percent)     1.61%    
Weighted Average Yield (as percent)     25.44%    
Weighted Average Life     8 years 3 months 1 day    
Weighted Average Principal Subordination (as percent) 29.90%   29.90%    
ABS - Non-Agency RMBS | Total Securities, Available-for-Sale          
Schedule of Available-for-sale Securities [Line Items]          
After Impairment - Amortized Cost Basis $ 856   $ 856    
Carrying Value 2,114   2,114    
FNMA/FHLMC          
Schedule of Available-for-sale Securities [Line Items]          
Outstanding Face Amount 310,713   310,713    
Before Impairment - Amortized Cost Basis 329,101   329,101    
Other-Than-Temporary Impairment - Amortized Cost Basis (11,094)   (11,094)    
After Impairment - Amortized Cost Basis 318,007   318,007    
Gross Unrealized Gains 1,177   1,177    
Gross Unrealized Losses 0   0    
Carrying Value $ 319,184   $ 319,184    
Number of securities (in securities) | security 1   1    
Weighted Average Rating     AAA    
Weighted Average Coupon (as percent)     3.50%    
Weighted Average Yield (as percent)     3.13%    
Weighted Average Life     7 years 1 day    
FNMA/FHLMC | Reclassification from AOCI into earnings | Unrealized loss on real estate securities, intent-to-sell, reclassified from AOCI into income          
Schedule of Available-for-sale Securities [Line Items]          
Realized and unrealized loss on investments     $ 11,100