Quarterly report pursuant to Section 13 or 15(d)

INVESTMENTS IN REAL ESTATE SECURITIES - Summary of Changes in Accretable Yield for Securities (Details)

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INVESTMENTS IN REAL ESTATE SECURITIES - Summary of Changes in Accretable Yield for Securities (Details)
$ in Thousands
9 Months Ended
Sep. 30, 2016
USD ($)
Certain Loans Acquired in Transfer Accounted for as Available-for-sale Debt Securities, Accretable Yield Movement Schedule [Roll Forward]  
Balance, beginning $ 316,521
Additions 802,442
Accretion (87,535)
Reclassifications from (to) non-accretable difference 44,905
Disposals (1,129)
Balance, ending $ 1,075,204