INVESTMENTS IN REAL ESTATE DEBT AND SECURITIES - Summary of Expected Credit Losses (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2025	Dec. 31, 2024	Dec. 31, 2023
Debt Securities, Held-to-Maturity, Allowance for Credit Loss [Roll Forward]
Balance at beginning of the year	$ 500
Provision for current expected credit losses	(464)	$ (1,533)	$ 1,997
Write-offs	0	0
Recoveries	0	0
Ending balance	0	500
Funded Loan Commitments
Debt Securities, Held-to-Maturity, Allowance for Credit Loss [Roll Forward]
Balance at beginning of the year	341	1,327
Provision for current expected credit losses	(341)	(986)
Write-offs	0	0
Recoveries	0	0
Ending balance	0	341	1,327
Unfunded Loan Commitments
Debt Securities, Held-to-Maturity, Allowance for Credit Loss [Roll Forward]
Balance at beginning of the year	123	670
Provision for current expected credit losses	(123)	(547)
Write-offs	0	0
Recoveries	0	0
Ending balance	$ 0	$ 123	$ 670