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Disclosure - DEBT OBLIGATIONS link:presentationLink link:calculationLink link:definitionLink 2419402 - Disclosure - DEBT OBLIGATIONS (Details) link:presentationLink link:calculationLink link:definitionLink 2419404 - Disclosure - DEBT OBLIGATIONS (Future Minimum Lease Payments) (Details) link:presentationLink link:calculationLink link:definitionLink 2419403 - Disclosure - DEBT OBLIGATIONS (Narrative) (Details) link:presentationLink link:calculationLink link:definitionLink 2319301 - Disclosure - DEBT OBLIGATIONS (Tables) link:presentationLink link:calculationLink link:definitionLink 2121100 - Disclosure - DERIVATIVES link:presentationLink link:calculationLink link:definitionLink 2421402 - Disclosure - DERIVATIVES (Narrative) (Details) 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 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) 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) link:presentationLink link:calculationLink link:definitionLink 2323301 - Disclosure - EQUITY AND EARNINGS PER SHARE (Tables) link:presentationLink link:calculationLink link:definitionLink 2122100 - Disclosure - FAIR VALUE OF FINANCIAL INSTRUMENTS link:presentationLink link:calculationLink link:definitionLink 2422403 - Disclosure - FAIR VALUE OF FINANCIAL INSTRUMENTS (Assets and Liabilities Fair Value Recurring Basis) (Details) link:presentationLink link:calculationLink link:definitionLink 2422402 - Disclosure - FAIR VALUE OF FINANCIAL INSTRUMENTS (Carrying Values and Estimated Fair Value) (Details) link:presentationLink link:calculationLink link:definitionLink 2422405 - Disclosure - FAIR VALUE OF FINANCIAL INSTRUMENTS (Change in Fair Value of Level 3 Investments) (Details) link:presentationLink link:calculationLink link:definitionLink 2422406 - Disclosure - FAIR VALUE OF FINANCIAL INSTRUMENTS (Loan Valuation) (Details) link:presentationLink link:calculationLink link:definitionLink 2422404 - Disclosure - FAIR VALUE OF FINANCIAL INSTRUMENTS (Significant Observable Inputs) (Details) link:presentationLink link:calculationLink link:definitionLink 2322301 - Disclosure - FAIR VALUE OF FINANCIAL INSTRUMENTS (Tables) link:presentationLink link:calculationLink link:definitionLink 2129100 - Disclosure - IMPAIRMENT link:presentationLink link:calculationLink link:definitionLink 2429402 - Disclosure - IMPAIRMENT (Details) link:presentationLink link:calculationLink link:definitionLink 2329301 - Disclosure - IMPAIRMENT (Tables) link:presentationLink link:calculationLink link:definitionLink 2126100 - Disclosure - INCOME TAXES link:presentationLink link:calculationLink link:definitionLink 2426403 - Disclosure - INCOME TAXES (Deferred Tax Assets and Deferred Tax Liabilities) (Details) link:presentationLink link:calculationLink link:definitionLink 2426402 - Disclosure - INCOME TAXES (Provision for Income Taxes) (Details) link:presentationLink link:calculationLink link:definitionLink 2326301 - Disclosure - INCOME TAXES (Tables) link:presentationLink link:calculationLink link:definitionLink 2117100 - Disclosure - INTANGIBLES, NET OF ACCUMULATED AMORTIZATION link:presentationLink link:calculationLink link:definitionLink 2417402 - Disclosure - INTANGIBLES, NET OF ACCUMULATED AMORTIZATION (Schedule of Intangible Assets) (Details) link:presentationLink link:calculationLink link:definitionLink 2317301 - 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REAL ESTATE RELATED AND OTHER LOANS AND RESIDENTIAL MORTGAGE LOANS (Activity in Carrying Value) (Details) link:presentationLink link:calculationLink link:definitionLink 2407406 - Disclosure - REAL ESTATE RELATED AND OTHER LOANS AND RESIDENTIAL MORTGAGE LOANS (Geographic Distribution) (Details) link:presentationLink link:calculationLink link:definitionLink 2407403 - Disclosure - REAL ESTATE RELATED AND OTHER LOANS AND RESIDENTIAL MORTGAGE LOANS (Loans By Maturity) (Details) link:presentationLink link:calculationLink link:definitionLink 2407405 - Disclosure - REAL ESTATE RELATED AND OTHER LOANS AND RESIDENTIAL MORTGAGE LOANS (Loss Allowance) (Details) link:presentationLink link:calculationLink link:definitionLink 2407402 - Disclosure - REAL ESTATE RELATED AND OTHER LOANS AND RESIDENTIAL MORTGAGE LOANS (Schedule of Loans) (Details) link:presentationLink link:calculationLink link:definitionLink 2307301 - Disclosure - REAL ESTATE RELATED AND OTHER LOANS AND RESIDENTIAL MORTGAGE LOANS (Tables) link:presentationLink link:calculationLink link:definitionLink 2105100 - Disclosure - REAL ESTATE SECURITIES link:presentationLink link:calculationLink link:definitionLink 2405404 - Disclosure - REAL ESTATE SECURITIES (Geographic Distribution of Collateral Securing Drive Shack's ABS) (Details) link:presentationLink link:calculationLink link:definitionLink 2405403 - Disclosure - REAL ESTATE SECURITIES (Narrative) (Details) link:presentationLink link:calculationLink link:definitionLink 2405402 - Disclosure - REAL ESTATE SECURITIES (Real Estate Securities Holdings) (Details) link:presentationLink link:calculationLink link:definitionLink 2305301 - Disclosure - REAL ESTATE SECURITIES (Tables) link:presentationLink link:calculationLink link:definitionLink 2104100 - Disclosure - SEGMENT REPORTING link:presentationLink link:calculationLink link:definitionLink 2404404 - Disclosure - SEGMENT REPORTING (Debt Investments) (Details) link:presentationLink link:calculationLink link:definitionLink 2404402 - Disclosure - SEGMENT REPORTING (Narrative) (Details) link:presentationLink link:calculationLink link:definitionLink 2404403 - 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