INVESTMENT IN UNCONSOLIDATED JOINT VENTURES (Details) (USD $)	3 Months Ended		9 Months Ended				3 Months Ended		9 Months Ended					1 Months Ended	3 Months Ended	9 Months Ended
	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2012	Dec. 31, 2012	Sep. 30, 2013 Limited liability company	Sep. 30, 2013 Partnership loan	Sep. 30, 2012 Partnership	Sep. 30, 2013 Partnership loan	Sep. 30, 2012 Partnership loan	Dec. 31, 2012 Partnership	Sep. 30, 2013 Partnership Limited partner	Apr. 15, 2011 Partnership Limited partner	Apr. 30, 2012 Grace Lake JV, LLC.	Sep. 30, 2013 Grace Lake JV, LLC.	Sep. 30, 2013 Grace Lake JV, LLC.	Mar. 22, 2013 Grace Lake JV, LLC. Limited partner	Sep. 30, 2013 Grace Lake JV, LLC. Limited liability company
INVESTMENT IN UNCONSOLIDATED JOINT VENTURES
Investment in equity method joint ventures	$ 12,074,319		$ 12,074,319		$ 12,674,652		$ 9,931,421		$ 9,931,421		$ 12,674,652				$ 2,142,898	$ 2,142,898
Ownership interest (as a percent)						25.00%						10.00%	10.00%				25.00%	25.00%
Minimum average net equity partnership investment as a basis for management fee reduction									100,000,000
Percentage of investment of operating partner																75.00%
Financial position
Total assets	233,702,424		233,702,424		234,316,162
Total liabilities	129,121,914		129,121,914		107,534,277
Partners'/members' capital	104,580,510		104,580,510		126,781,885
Unconsolidated joint ventures
Total revenues	8,152,610	4,472,085	28,139,381	12,272,989
Total expenses	2,511,312	1,603,339	8,242,115	4,258,155
Net income	5,641,298	2,868,746	19,897,266	8,014,834
Allocated earnings based on its ownership interests	1,362,527	286,575	2,351,878	1,087,514			1,102,527	286,575	1,941,878	1,087,514					260,000	410,000
Percentage of equity kicker received with right to convert upon capital event														25.00%
Preferred return used to determine distribution of excess cash flow (as a percent)																8.25%
Management fee	1,721,994	1,051,478	5,324,872	7,403,832			150,836	186,675	619,697	531,269
Number of loans sold to a related party							0		1	3
Cost of mortgages sold to a related party			2,246,099,121	1,414,067,008					17,200,000	114,358,421
Gain on sale of loan									$ 139,901	$ 1,292,250
Gain on sale of loans deferred (as a percent)										10.00%
Maximum additional distribution percentage if return thresholds are met									25.00%
Percentage of distribution of all excess cash flows and all disposition proceeds upon any sale entitled after consideration of preferred return and return of equity remaining in the property to operating partner																25.00%

Ladder Capital Finance Holdings LLLP 10-Q