RELATED PARTY TRANSACTIONS (Relationship with ACRES Capital Corp and Certain of its Subsidiaries) (Details)		3 Months Ended		6 Months Ended		12 Months Ended
	Jul. 31, 2020 USD ($) Extension	Jun. 30, 2024 USD ($) shares	Jun. 30, 2023 USD ($)	Jun. 30, 2024 USD ($) Entity shares	Jun. 30, 2023 USD ($)	Dec. 31, 2023 USD ($) Loan
Related Party Transaction [Line Items]
Base management fees paid by the Company		$ 1,620,000	$ 1,890,000	$ 3,247,000	$ 3,663,000
General and administrative		2,356,000	2,348,000	5,611,000	5,327,000
Interest income		41,066,000	47,148,000	83,677,000	92,477,000
Accrued interest receivable		12,555,000		$ 12,555,000		$ 11,783,000
Incentive Compensation Shares Payable | shares				1,911
Manager Pursuant To Management Agreement | Manager
Related Party Transaction [Line Items]
Incentive compensation				$ 0		38,000
Manager Pursuant To Management Agreement | ACRES Commercial Realty Corp
Related Party Transaction [Line Items]
Base management fees paid by the Company		1,600,000	1,700,000	3,200,000	3,300,000
Incentive compensation		$ 255,000	$ 384,000	$ 255,000	$ 384,000
Incentive compensation paid in cash percentage		50.00%	50.00%	50.00%	50.00%
Incentive compensation paid in common stock percentage		50.00%	50.00%	50.00%	50.00%
Total indebtedness		$ 540,000		$ 540,000		546,000
General and administrative		1,100,000	$ 1,400,000	2,600,000	$ 2,300,000
Manager Pursuant To Management Agreement | ACRES Commercial Realty Corp | Other Liabilities
Related Party Transaction [Line Items]
Total indebtedness		329,000		$ 329,000		686,000
ACRES Capital Corp
Related Party Transaction [Line Items]
Number of securitization entities | Entity				2
ACRES Capital Corp | XAN 2020-RSO9 Senior Notes
Related Party Transaction [Line Items]
Portfolio servicing fees		0	0	$ 0	0
Special servicing fees		11,000	20,000	26,000	65,000
ACRES Capital Corp | Interest Income | XAN 2020-RSO9 Senior Notes
Related Party Transaction [Line Items]
Special servicing fees		4,000	12,000	7,000	47,000
ACRES Capital Corp | ACRES Commercial Realty Corp | Loan Evidenced by Promissory Note
Related Party Transaction [Line Items]
Related party transaction, loan amount	$ 12,000,000.0
Related party transaction, interest rate	3.00%
Related party transaction, monthly amortization payment	$ 25,000
Related party debt, maturity month and year	2026-07
Number of options to extend | Extension	2
Related party debt, extension term	1 year
Related party debt, percentage of extension fee	0.50%
Principal balance		10,900,000		10,900,000		11,000,000.0
Accrued interest receivable		27,000		27,000		0
ACRES Capital Corp | ACRES Commercial Realty Corp | Loan Evidenced by Promissory Note | Other Income (Expense)
Related Party Transaction [Line Items]
Interest income		82,000	85,000	166,000	169,000
DevCo
Related Party Transaction [Line Items]
Fees payments		$ 82,000	$ 91,000	$ 206,000	$ 145,000
DevCo | Minimum
Related Party Transaction [Line Items]
Market rate for fees				1.25%
DevCo | Maximum
Related Party Transaction [Line Items]
Market rate for fees				1.50%
ACRES Share Holdings, LLC
Related Party Transaction [Line Items]
Incentive Compensation Shares Payable | shares		0		1,911
ACRES Share Holdings, LLC | Manager Plan
Related Party Transaction [Line Items]
Shares of common stock issued | shares		295,237		295,237
Shares of common stock vest percentage per year				25.00%
Vest in installments				4 years
ACRES Capital, LLC | Commercial Real Estate Loans
Related Party Transaction [Line Items]
Loans refinanced by affiliates						$ 22,500,000
Number of loan | Loan						1