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INCOME TAXES (Tables)
6 Months Ended
Jun. 30, 2025
Income Tax Disclosure [Abstract]  
Schedule of Components of Income Tax Expense (Benefit)
 For the Three Months EndedFor the Six Months Ended
 June 30, 2025June 30, 2024June 30, 2025June 30, 2024
 (dollars in thousands)(dollars in thousands)
Current Tax Expense (Benefit)
Federal$ $— $ $— 
State and local 13 13 13 
Total current income tax expense (benefit)$ $13 $13 $13 
Deferred Tax Expense (Benefit)
Federal$385 $10,427 $7,607 $9,603 
State and local55 1,491 1,087 1,372 
Total deferred income tax expense (benefit)$440 $11,918 $8,694 $10,975 
Total income tax expense (benefit)$440 $11,931 $8,707 $10,988 
Schedule of Effective Income Tax Rate Reconciliation
The difference between the Company's reported income tax provision and the U.S. federal statutory rate of 21.0% and state income tax rates is as follows:        
 For the Three Months EndedFor the Six Months Ended
 June 30, 2025June 30, 2024June 30, 2025June 30, 2024
Statutory federal income tax rate21.0%21.0%21.0%21.0%
Non-taxable REIT income(8.8%)258.9%(12.8%)(22.7%)
State and local taxes3.0%3.0%3.0%3.0%
VIE and Other(14.5%)102.2%(6.8%)1.0%
Change in valuation allowance%%%%
Total provision0.7%385.1%4.3%2.4%