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Disclosure - DERIVATIVES link:presentationLink link:calculationLink link:definitionLink 2421402 - Disclosure - DERIVATIVES (Details Narrative) link:presentationLink link:calculationLink link:definitionLink 2421403 - Disclosure - DERIVATIVES (Schedule of Gains (Losses) Recorded In Relation to Derivatives) (Details 1) link:presentationLink link:calculationLink link:definitionLink 2321301 - Disclosure - DERIVATIVES (Tables) link:presentationLink link:calculationLink link:definitionLink 2103100 - Disclosure - DISCONTINUED OPERATIONS link:presentationLink link:calculationLink link:definitionLink 2403402 - Disclosure - DISCONTINUED OPERATIONS (Details Narrative) link:presentationLink link:calculationLink link:definitionLink 2403403 - Disclosure - DISCONTINUED OPERATIONS (Results of Operations from Discontinued Operations) (Details) link:presentationLink link:calculationLink link:definitionLink 2303301 - Disclosure - DISCONTINUED OPERATIONS (Tables) link:presentationLink link:calculationLink link:definitionLink 0001000 - Document - Document and Entity Information link:presentationLink link:calculationLink link:definitionLink 2123100 - Disclosure - EQUITY AND EARNINGS PER SHARE link:presentationLink link:calculationLink link:definitionLink 2423404 - Disclosure - EQUITY AND EARNINGS PER SHARE (Details Narrative) link:presentationLink link:calculationLink link:definitionLink 2423405 - Disclosure - EQUITY AND EARNINGS PER SHARE (Earnings Per Share) (Details 2) link:presentationLink link:calculationLink link:definitionLink 2423402 - Disclosure - EQUITY AND EARNINGS PER SHARE (Outstanding Options) (Details) link:presentationLink link:calculationLink link:definitionLink 2423403 - Disclosure - EQUITY AND EARNINGS PER SHARE (Outstanding Options Summary) (Details 1) link:presentationLink link:calculationLink link:definitionLink 2323301 - Disclosure - EQUITY AND EARNINGS PER SHARE (Tables) link:presentationLink link:calculationLink link:definitionLink 2122100 - Disclosure - FAIR VALUE link:presentationLink link:calculationLink link:definitionLink 2422403 - 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Disclosure - INTANGIBLES, NET OF ACCUMULATED AMORTIZATION (Schedule of Intangible Assets) (Details) link:presentationLink link:calculationLink link:definitionLink 2317301 - Disclosure - INTANGIBLES, NET OF ACCUMULATED AMORTIZATION (Tables) link:presentationLink link:calculationLink link:definitionLink 2115100 - Disclosure - INVESTMENTS IN REAL ESTATE, NET OF ACCUMULATED DEPRECIATION link:presentationLink link:calculationLink link:definitionLink 2415402 - Disclosure - INVESTMENTS IN REAL ESTATE, NET OF ACCUMULATED DEPRECIATION - Investments in Other Real Estate (Details) link:presentationLink link:calculationLink link:definitionLink 2315301 - Disclosure - INVESTMENTS IN REAL ESTATE, NET OF ACCUMULATED DEPRECIATION (Tables) link:presentationLink link:calculationLink link:definitionLink 2101100 - Disclosure - ORGANIZATION link:presentationLink link:calculationLink link:definitionLink 2401401 - Disclosure - ORGANIZATION (Details Narrative) link:presentationLink link:calculationLink link:definitionLink 2129100 - Disclosure - OTHER-THAN-TEMPORARY IMPAIRMENT link:presentationLink link:calculationLink link:definitionLink 2429402 - Disclosure - OTHER-THAN-TEMPORARY IMPAIRMENT (Details) link:presentationLink link:calculationLink link:definitionLink 2329301 - Disclosure - OTHER-THAN-TEMPORARY IMPAIRMENT (Tables) link:presentationLink link:calculationLink link:definitionLink 2107100 - Disclosure - REAL ESTATE RELATED AND OTHER LOANS, RESIDENTIAL MORTGAGE LOANS AND SUBPRIME MORTGAGE LOANS link:presentationLink link:calculationLink link:definitionLink 2407404 - Disclosure - REAL ESTATE RELATED AND OTHER LOANS, RESIDENTIAL MORTGAGE LOANS AND SUBPRIME MORTGAGE LOANS (Activity in Carrying Value) (Details 2) link:presentationLink link:calculationLink link:definitionLink 2407407 - Disclosure - REAL ESTATE RELATED AND OTHER LOANS, RESIDENTIAL MORTGAGE LOANS AND SUBPRIME MORTGAGE LOANS (Details Narrative) link:presentationLink link:calculationLink link:definitionLink 2407406 - Disclosure - REAL ESTATE RELATED AND OTHER LOANS, RESIDENTIAL MORTGAGE LOANS AND SUBPRIME MORTGAGE LOANS (Geographic Distribution) (Details 4) link:presentationLink link:calculationLink link:definitionLink 2407403 - 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Disclosure - RECEIVABLES AND OTHER ASSETS link:presentationLink link:calculationLink link:definitionLink 2418402 - Disclosure - RECEIVABLES AND OTHER ASSETS (Details) link:presentationLink link:calculationLink link:definitionLink 2318301 - Disclosure - RECEIVABLES AND OTHER ASSETS (Tables) link:presentationLink link:calculationLink link:definitionLink 2128100 - Disclosure - RECLASSIFICATION FROM ACCUMULATED OTHER COMPREHENSIVE INCOME INTO NET INCOME link:presentationLink link:calculationLink link:definitionLink 2428402 - Disclosure - RECLASSIFICATION FROM ACCUMULATED OTHER COMPREHENSIVE INCOME INTO NET INCOME (Details) link:presentationLink link:calculationLink link:definitionLink 2328301 - Disclosure - RECLASSIFICATION FROM ACCUMULATED OTHER COMPREHENSIVE INCOME INTO NET INCOME (Tables) link:presentationLink link:calculationLink link:definitionLink 2104100 - Disclosure - SEGMENT REPORTING link:presentationLink link:calculationLink link:definitionLink 2404404 - Disclosure - SEGMENT REPORTING (Details Narrative) link:presentationLink link:calculationLink link:definitionLink 2404403 - 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