Quarterly report pursuant to Section 13 or 15(d)

REAL ESTATE RELATED LOANS, RESIDENTIAL MORTGAGE LOANS AND SUBPRIME MORTGAGE LOANS (Details Narrative)

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REAL ESTATE RELATED LOANS, RESIDENTIAL MORTGAGE LOANS AND SUBPRIME MORTGAGE LOANS (Details Narrative)
 1 Months Ended 9 Months Ended
Aug. 31, 2015
USD ($)
Loan
Jun. 30, 2015
USD ($)
May. 31, 2015
USD ($)
Sep. 30, 2015
USD ($)
Sep. 30, 2014
USD ($)
Financing Receivable, Impaired [Line Items]          
Face amount of securities sold     $ 3,900,000    
Average price percentage - sold     24.11%    
Proceeds from sale of securities     $ 900,000 $ 1,061,499,000 $ 798,122,000
Available-for-sale Securities, Gross Realized Gain (Loss)     $ 800,000    
Number of loans - total charge-offs       4  
Number of loans - charge-offs, sold       2  
Number of loans - charge-offs, restructured       1  
Number of loans - charge-offs, written off       1  
Outstanding Face Amount       $ 230,229,000  
Total Real Estate Related and Other Loans Held-for-Sale, Net [Member]          
Financing Receivable, Impaired [Line Items]          
Delinquent Face Amount [1]       63,454,000  
Face amount of real estate related loans on non-accrual status [1]       63,500,000  
Outstanding Face Amount       $ 230,229,000  
Subprime Portfolio I [Member]          
Financing Receivable, Impaired [Line Items]          
Average loan seasoning       122 months  
Weighted Average Yield of Retained Bonds       21.20%  
Retained Notes excluded from face amount of debt in Subprime Portfolio I       $ 4,000,000.0  
Excess Collateralization       $ 200,000  
Weighted average coupon rate       9.24%  
Subprime Portfolio II [Member]          
Financing Receivable, Impaired [Line Items]          
Average loan seasoning       104 months  
Excess Collateralization       $ 2,300,000  
Weighted average coupon rate       8.68%  
Commercial Real Estate Loans - CDO VIII [Member]          
Financing Receivable, Impaired [Line Items]          
Face amount of securities sold   $ 12,000,000      
Average price percentage - sold   100.01%      
Proceeds from sale of securities   $ 12,000,000      
Available-for-sale Securities, Gross Realized Gain (Loss)   900,000      
Commercial Real Estate Loans - CDO IX [Member]          
Financing Receivable, Impaired [Line Items]          
Face amount of securities sold   $ 45,700,000      
Average price percentage - sold   95.35%      
Proceeds from sale of securities   $ 43,500,000      
Available-for-sale Securities, Gross Realized Gain (Loss)   $ 600,000      
Total Residential Mortgage Loans [Member]          
Financing Receivable, Impaired [Line Items]          
Number of loans - charge-offs, sold | Loan 2        
Outstanding Face Amount $ 3,300,000     $ 925,000  
Proceeds from Sale of Mortgage Loans Held-for-sale $ 2,900,000        
[1] Includes loans that are 60 or more days past due (including loans that are in foreclosure, or borrower’s in bankruptcy) or considered real estate owned (“REO”). As of September 30, 2015, $63.5 million face amount of real estate related and other loans was on non-accrual status.