RESTRICTED CASH (Tables)
12 Months Ended
Dec. 31, 2015
Cash and Cash Equivalents [Abstract]  
Schedule of restricted cash
The following summarizes the Company's restricted cash (in thousands):
 
December 31,
 
2015
 
2014
Restricted cash:
 
 
 
Cash held by consolidated securitizations
$
39,062

 
$
121,247

Restricted cash pledged with minimum reserve balance requirements
218

 
209

Cash collateralizing outstanding margin calls on cash flow hedges
500

 
500

Cash collateralizing margin posted on forward/short positions
855

 
182

 
$
40,635

 
$
122,138