Quarterly report pursuant to Section 13 or 15(d)

REAL ESTATE SECURITIES (Details Narrative)

v3.5.0.2
REAL ESTATE SECURITIES (Details Narrative) - USD ($)
 1 Months Ended 3 Months Ended 6 Months Ended
Jun. 30, 2016
Apr. 30, 2016
Jan. 31, 2016
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2015
Schedule of Available-for-sale Securities [Line Items]              
Other-than-temporary impairment on securities       $ 0 $ 9,362,000 $ 110,000 $ 9,410,000
Portion of other-than-temporary impairment on securities recognized in other comprehensive income (loss), net of the reversal of other comprehensive loss into net income (loss)       0 $ 234,000 54,000 (62,000)
Proceeds from transaction           745,865,000 $ 406,269,000
Real Estate Securities              
Schedule of Available-for-sale Securities [Line Items]              
Other-than-temporary impairment on securities           100,000  
Portion of other-than-temporary impairment on securities recognized in other comprehensive income (loss), net of the reversal of other comprehensive loss into net income (loss)           100,000  
FNMA/FHLMC              
Schedule of Available-for-sale Securities [Line Items]              
Face amount of securities sold $ 353,600,000.0 $ 347,500,000.0 $ 350,300,000.0        
Average price percentage - sold 105.50% 104.90% 103.20%        
Proceeds from transaction $ 373,100,000 $ 364,300,000 $ 361,300,000        
Repayments of repurchase agreements 361,100,000 352,000,000 348,600,000        
Gain on extinguishment of debt, net 1,800,000 $ 5,900,000          
FNMA/FHLMC 2              
Schedule of Available-for-sale Securities [Line Items]              
Average price percentage - sold   105.00%          
Proceeds from transaction 453,100,000 $ 381,100,000 105,900,000        
Proceeds from securities purchased under agreements to resell 434,900,000 366,400,000 102,200,000        
Investment owned $ 428,900,000.0 $ 363,100,000.0 $ 102,700,000.0 $ 428,900,000.0   $ 428,900,000.0  
Average price percentage - purchases 105.70%   103.20%        
FNMA/FHLMC 3              
Schedule of Available-for-sale Securities [Line Items]              
Proceeds from transaction     $ 258,100,000        
Proceeds from securities purchased under agreements to resell     249,100,000        
Investment owned     $ 250,100,000.0        
Average price percentage - purchases     103.20%        
Non-consolidated CDO Securities              
Schedule of Available-for-sale Securities [Line Items]              
Face amount of securities sold $ 10,000,000.0            
Average price percentage - sold 7.25%            
Proceeds from transaction $ 700,000            
Gain on extinguishment of debt, net $ 700,000