0000001 - Document - Cover Page link:presentationLink link:calculationLink link:definitionLink 9952151 - Statement - Consolidated Balance Sheets link:presentationLink link:calculationLink link:definitionLink 9952152 - Statement - Consolidated Statements of Operation link:presentationLink link:calculationLink link:definitionLink 9952153 - Statement - Consolidated Statements of Operation (Parenthetical) link:presentationLink link:calculationLink link:definitionLink 9952154 - Statement - Consolidated Statement of Equity link:presentationLink link:calculationLink link:definitionLink 9952155 - Statement - Consolidated Statements of Cash Flow link:presentationLink link:calculationLink link:definitionLink 9952156 - Disclosure - ORGANIZATION AND OPERATIONS link:presentationLink link:calculationLink link:definitionLink 9952157 - Disclosure - BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES link:presentationLink link:calculationLink link:definitionLink 9952158 - Disclosure - INVESTMENTS IN REAL ESTATE link:presentationLink link:calculationLink link:definitionLink 9952159 - Disclosure - INVESTMENT IN UNCONSOLIDATED ENTITIES link:presentationLink link:calculationLink link:definitionLink 9952160 - Disclosure - LOANS RECEIVABLE link:presentationLink link:calculationLink link:definitionLink 9952161 - Disclosure - OTHER INTANGIBLE ASSETS link:presentationLink link:calculationLink link:definitionLink 9952162 - Disclosure - DEBT link:presentationLink link:calculationLink link:definitionLink 9952163 - Disclosure - DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES link:presentationLink link:calculationLink link:definitionLink 9952164 - Disclosure - STOCK-BASED COMPENSATION PLANS link:presentationLink link:calculationLink link:definitionLink 9952165 - Disclosure - EARNINGS PER SHARE (''EPS'') link:presentationLink link:calculationLink link:definitionLink 9952166 - Disclosure - REDEEMABLE PREFERRED STOCK link:presentationLink link:calculationLink link:definitionLink 9952167 - Disclosure - STOCKHOLDERS' EQUITY link:presentationLink link:calculationLink link:definitionLink 9952168 - Disclosure - FAIR VALUE MEASUREMENTS link:presentationLink link:calculationLink link:definitionLink 9952169 - Disclosure - RELATED-PARTY TRANSACTIONS link:presentationLink link:calculationLink link:definitionLink 9952170 - Disclosure - COMMITMENTS AND CONTINGENCIES link:presentationLink link:calculationLink link:definitionLink 9952171 - Disclosure - LEASES link:presentationLink link:calculationLink link:definitionLink 9952172 - Disclosure - SEGMENT DISCLOSURE link:presentationLink link:calculationLink link:definitionLink 9952173 - Disclosure - SUBSEQUENT EVENTS link:presentationLink link:calculationLink link:definitionLink 9955511 - Disclosure - BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies) link:presentationLink link:calculationLink link:definitionLink 9955512 - Disclosure - BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables) link:presentationLink link:calculationLink link:definitionLink 9955513 - Disclosure - INVESTMENTS IN REAL ESTATE (Tables) link:presentationLink link:calculationLink link:definitionLink 9955514 - Disclosure - INVESTMENT IN UNCONSOLIDATED ENTITIES (Tables) link:presentationLink link:calculationLink link:definitionLink 9955515 - Disclosure - LOANS RECEIVABLE (Tables) link:presentationLink link:calculationLink link:definitionLink 9955516 - Disclosure - OTHER INTANGIBLE ASSETS (Tables) link:presentationLink link:calculationLink link:definitionLink 9955517 - Disclosure - DEBT (Tables) link:presentationLink link:calculationLink link:definitionLink 9955518 - Disclosure - DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES (Tables) link:presentationLink link:calculationLink link:definitionLink 9955519 - Disclosure - STOCK-BASED COMPENSATION PLANS (Tables) link:presentationLink link:calculationLink link:definitionLink 9955520 - Disclosure - EARNINGS PER SHARE (''EPS'') (Tables) link:presentationLink link:calculationLink link:definitionLink 9955521 - Disclosure - REDEEMABLE PREFERRED STOCK (Tables) link:presentationLink link:calculationLink link:definitionLink 9955522 - Disclosure - FAIR VALUE MEASUREMENTS (Tables) link:presentationLink link:calculationLink link:definitionLink 9955523 - Disclosure - RELATED-PARTY TRANSACTIONS (Tables) link:presentationLink link:calculationLink link:definitionLink 9955524 - Disclosure - LEASES (Tables) link:presentationLink link:calculationLink link:definitionLink 9955525 - Disclosure - SEGMENT DISCLOSURE (Tables) link:presentationLink link:calculationLink link:definitionLink 9955526 - Disclosure - ORGANIZATION AND OPERATIONS (Details) link:presentationLink link:calculationLink link:definitionLink 9955527 - Disclosure - BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Reclassifications (Details) link:presentationLink link:calculationLink link:definitionLink 9955528 - Disclosure - BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Schedule of Investments in Real Estate (Details) link:presentationLink link:calculationLink link:definitionLink 9955529 - Disclosure - BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Revenue Recognition (Details) link:presentationLink link:calculationLink link:definitionLink 9955530 - Disclosure - BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Schedule of Recognized Rental Income (Details) link:presentationLink link:calculationLink link:definitionLink 9955531 - Disclosure - BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Schedule of Reconciliation of Hotel Revenue (Details) link:presentationLink link:calculationLink link:definitionLink 9955532 - Disclosure - BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Schedule of Deferred Rent Receivable and Charges (Details) link:presentationLink link:calculationLink link:definitionLink 9955533 - Disclosure - BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Redeemable Preferred Stock (Details) link:presentationLink link:calculationLink link:definitionLink 9955534 - Disclosure - BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Key Money (Details) link:presentationLink link:calculationLink link:definitionLink 9955535 - Disclosure - INVESTMENTS IN REAL ESTATE - Schedule of Net Investments in Real Estate (Details) link:presentationLink link:calculationLink link:definitionLink 9955536 - Disclosure - INVESTMENTS IN REAL ESTATE - Narrative (Details) link:presentationLink link:calculationLink link:definitionLink 9955537 - Disclosure - INVESTMENT IN UNCONSOLIDATED ENTITIES - Schedule of Equity Investments in Unconsolidated Entities (Details) link:presentationLink link:calculationLink link:definitionLink 9955538 - Disclosure - INVESTMENT IN UNCONSOLIDATED ENTITIES - Narrative (Details) link:presentationLink link:calculationLink link:definitionLink 9955539 - Disclosure - LOANS RECEIVABLE - Schedule of Allowance for Credit Losses (Details) link:presentationLink link:calculationLink link:definitionLink 9955540 - Disclosure - LOANS RECEIVABLE - Narrative (Details) link:presentationLink link:calculationLink link:definitionLink 9955541 - Disclosure - LOANS RECEIVABLE - Schedule of Carrying Amounts of Assets and Liabilities (Details) link:presentationLink link:calculationLink link:definitionLink 9955542 - Disclosure - OTHER INTANGIBLE ASSETS - Schedule of Intangible Assets and Related Accumulated Amortization and Accretion (Details) link:presentationLink link:calculationLink link:definitionLink 9955543 - Disclosure - OTHER INTANGIBLE ASSETS - Schedule of Amortization of Acquired Leases (Details) link:presentationLink link:calculationLink link:definitionLink 9955544 - Disclosure - OTHER INTANGIBLE ASSETS - Schedule of Future Amortization and Accretion of Acquisition Related Intangible Assets and Liabilities (Details) link:presentationLink link:calculationLink link:definitionLink 9955545 - Disclosure - DEBT - Schedule of Debt Activity (Details) link:presentationLink link:calculationLink link:definitionLink 9955546 - Disclosure - DEBT - Mortgages Payable (Narrative) (Details) link:presentationLink link:calculationLink link:definitionLink 9955547 - Disclosure - DEBT - Lending Division Revolving Credit Facility (Narrative) (Details) link:presentationLink link:calculationLink link:definitionLink 9955548 - Disclosure - DEBT - Junior Subordinated Notes (Narrative) (Details) link:presentationLink link:calculationLink link:definitionLink 9955549 - Disclosure - DEBT - Schedule of Future Principal Payments (Details) link:presentationLink link:calculationLink link:definitionLink 9955550 - Disclosure - DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES - Schedule of Interest Rate Cap Derivatives (Details) link:presentationLink link:calculationLink link:definitionLink 9955551 - Disclosure - DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES - Narrative (Details) link:presentationLink link:calculationLink link:definitionLink 9955552 - Disclosure - STOCK-BASED COMPENSATION PLANS - Schedule of Granted Awards of Restricted Shares of Common Stock to each Independent Members of the Board of Directors (Details) link:presentationLink link:calculationLink link:definitionLink 9955553 - Disclosure - STOCK-BASED COMPENSATION PLANS - Narrative (Details) link:presentationLink link:calculationLink link:definitionLink 9955554 - Disclosure - EARNINGS PER SHARE ('EPS") - Narrative (Details) link:presentationLink link:calculationLink link:definitionLink 9955555 - Disclosure - EARNINGS PER SHARE ("EPS") - Schedule of Reconciliation of the Numerator and Denominator Used in Computing Basic and Diluted Per Share Computations (Details) link:presentationLink link:calculationLink link:definitionLink 9955556 - Disclosure - REDEEMABLE PREFERRED STOCK - Schedule of Issuances, Reclassifications and Redemptions for each class of Preferred Stock in Permanent Equity (Details) link:presentationLink link:calculationLink link:definitionLink 9955557 - Disclosure - REDEEMABLE PREFERRED STOCK - Series A1 and Series A Preferred Stock Narrative (Details) link:presentationLink link:calculationLink link:definitionLink 9955558 - Disclosure - REDEEMABLE PREFERRED STOCK - Series D Preferred Stock - Narrative (Details) link:presentationLink link:calculationLink link:definitionLink 9955559 - Disclosure - REDEEMABLE PREFERRED STOCK - Dividends - Narrative (Details) link:presentationLink link:calculationLink link:definitionLink 9955560 - Disclosure - REDEEMABLE PREFERRED STOCK - Redemptions - Narrative (Details) link:presentationLink link:calculationLink link:definitionLink 9955561 - Disclosure - STOCKHOLDERS' EQUITY - Narrative (Details) link:presentationLink link:calculationLink link:definitionLink 9955562 - Disclosure - STOCKHOLDERS' EQUITY - Share Repurchase Program (Details) link:presentationLink link:calculationLink link:definitionLink 9955563 - Disclosure - FAIR VALUE MEASUREMENTS - Narrative (Details) link:presentationLink link:calculationLink link:definitionLink 9955564 - Disclosure - FAIR VALUE MEASUREMENTS - Schedule of Fair Values of Financial Instrument Not Recorded at Fair Value on a Recurring Basis (Details) link:presentationLink link:calculationLink link:definitionLink 9955565 - Disclosure - RELATED-PARTY TRANSACTIONS - Asset Management and Other Fees to Related Parties - Narrative (Details) link:presentationLink link:calculationLink link:definitionLink 9955566 - Disclosure - RELATED-PARTY TRANSACTIONS - Schedule of Asset Management Fees Calculation (Details) link:presentationLink link:calculationLink link:definitionLink 9955567 - Disclosure - RELATED-PARTY TRANSACTIONS - Schedule of Fees and Expense Reimbursements (Details) link:presentationLink link:calculationLink link:definitionLink 9955568 - Disclosure - RELATED-PARTY TRANSACTIONS - Schedule of Due to Related Parties (Details) link:presentationLink link:calculationLink link:definitionLink 9955569 - Disclosure - RELATED-PARTY TRANSACTIONS - Affiliate Investments and Other - Narrative (Details) link:presentationLink link:calculationLink link:definitionLink 9955570 - Disclosure - COMMITMENTS AND CONTINGENCIES (Details) link:presentationLink link:calculationLink link:definitionLink 9955571 - Disclosure - LEASES (Details) link:presentationLink link:calculationLink link:definitionLink 9955572 - Disclosure - SEGMENT DISCLOSURE - Narrative (Details) link:presentationLink link:calculationLink link:definitionLink 9955573 - Disclosure - SEGMENT DISCLOSURE - Schedule of Segment Net Operating Income (Loss) (Details) link:presentationLink link:calculationLink link:definitionLink 9955574 - Disclosure - SEGMENT DISCLOSURE - Schedule of Reconciliation of Segment Operating Income to Net Loss Attributable to Company (Details) link:presentationLink link:calculationLink link:definitionLink 9955575 - Disclosure - SEGMENT DISCLOSURE - Schedule of Assets and Capital Expenditures and Loan Originations (Details) link:presentationLink link:calculationLink link:definitionLink