Annual report pursuant to Section 13 and 15(d)

INCOME TAXES - Components of Income Tax Expense (Details)

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INCOME TAXES - Components of Income Tax Expense (Details)
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Effective Income Tax Rate Reconciliation, Percent [Abstract]      
Provision at the statutory rate 35.00% 35.00% 35.00%
Non-taxable REIT income (51.97%) (86.91%) (56.20%)
Permanent items 0.23% 31.24% 0.00%
State and local taxes 0.07% 0.32% (1.18%)
Valuation allowance (reversal) 15.56% 22.04% 21.70%
Other 1.35% (0.04%) (1.80%)
Total provision (benefit) 0.24% 1.65% (2.48%)