Quarterly report pursuant to Section 13 or 15(d)

FAIR VALUE - Loan Valuation (Details 5)

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FAIR VALUE - Loan Valuation (Details 5) - 6 months ended Jun. 30, 2015 - USD ($)
$ in Thousands
Total
Mezzanine Loans [Member]  
Carrying value [1] $ 23,228
Fair Value $ 23,228
Discount Rate 8.00%
Loss Severity 43.30%
Mezzanine Loans [Member] | Lower Range  
Discount Rate 0.00%
Loss Severity 0.00%
Mezzanine Loans [Member] | Upper Range  
Discount Rate 8.00%
Loss Severity 100.00%
Corporate Bank Loans [Member]  
Carrying value [1] $ 118,598
Fair Value $ 134,670
Discount Rate 22.00%
Loss Severity 24.70%
Corporate Bank Loans [Member] | Lower Range  
Discount Rate 0.00%
Loss Severity 0.00%
Corporate Bank Loans [Member] | Upper Range  
Discount Rate 22.50%
Loss Severity 100.00%
Total Real Estate Related and Other Loans Held-for-Sale, Net [Member]  
Carrying value [1] $ 141,826
Fair Value 157,898
Residential Loans [Member]  
Carrying value [1],[2] 3,527
Fair Value $ 3,576
Discount Rate 13.10%
Loss Severity 4.90%
Prepayment Speed 0.20%
Constant Default Rate 18.40%
Total Residential Mortgage Loans Held-For-Sale [Member]  
Carrying value [1],[2] $ 3,527
Fair Value $ 3,576
[1] Carrying value includes negligible interest receivable for the residential housing loans.
[2] Loans acquired at a discount for credit quality.