Quarterly report pursuant to Section 13 or 15(d)

INVESTMENTS IN RESIDENTIAL MORTGAGE LOANS - Schedule of Real Estate Owned (Details)

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INVESTMENTS IN RESIDENTIAL MORTGAGE LOANS - Schedule of Real Estate Owned (Details)
$ in Thousands
3 Months Ended
Mar. 31, 2016
USD ($)
Real Estate Owned [Roll Forward]  
Beginning balance $ 50,574
Purchases 9,196
Transfer of loans to real estate owned 8,285
Sales (7,991)
Valuation provision on REO (3,662)
Ending balance $ 56,402