Quarterly report pursuant to Section 13 or 15(d)

INVESTMENTS IN RESIDENTIAL MORTGAGE LOANS - Summary of Activities Related to the Carrying Value of Reverse Mortgage Loans and Performing Loans and PCD Loans Held-for-Investment (Details)

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INVESTMENTS IN RESIDENTIAL MORTGAGE LOANS - Summary of Activities Related to the Carrying Value of Reverse Mortgage Loans and Performing Loans and PCD Loans Held-for-Investment (Details) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Movement in Mortgage Loans on Real Estate [Roll Forward]    
Accretion of loan discount and other amortization $ 153,670 $ 61,345
Transfer of loans to real estate owned (8,285)  
Reverse Mortgage Loans [Member]    
Movement in Mortgage Loans on Real Estate [Roll Forward]    
Balance, beginning 19,560  
Purchases/additional fundings 319  
Proceeds from repayments (809)  
Accretion of loan discount and other amortization [1] 1,090  
Provision for loan losses (12)  
Transfer of loans to other assets (2,006)  
Transfer of loans to real estate owned 0  
Balance, ending 18,142  
Performing Loans [Member]    
Movement in Mortgage Loans on Real Estate [Roll Forward]    
Balance, beginning 19,964  
Purchases/additional fundings 0  
Proceeds from repayments (598)  
Accretion of loan discount and other amortization [1] 100  
Provision for loan losses (4)  
Transfer of loans to other assets 0  
Transfer of loans to real estate owned 0  
Balance, ending 19,462  
PCD Loans [Member]    
Movement in Mortgage Loans on Real Estate [Roll Forward]    
Balance, beginning 290,654  
Purchases/additional fundings 0  
Sales 0  
Proceeds from repayments (7,233)  
Accretion of loan discount and other amortization 6,315  
Transfer of loans to real estate owned (2,606)  
Balance, ending $ 287,130  
[1] Includes accelerated accretion of discount on loans paid in full and on loans transferred to other assets.