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REAL ESTATE HELD FOR INVESTMENT - Schedule of Real Estate Investments (Details) - USD ($)
$ in Thousands
3 Months Ended
Jan. 08, 2019
Sep. 07, 2016
Mar. 31, 2020
Dec. 31, 2019
Real Estate Properties [Line Items]        
Total real estate, cost     $ 829,588 $ 824,860
Accumulated depreciation and amortization     (74,128) (65,381)
Total real estate, net     755,460 759,479
Preferred Class A | Subsidiary of Common Parent        
Real Estate Properties [Line Items]        
Non-voting preferred membership units sold   820    
Interest rate on Class A non-voting preferred membership units   10.00%    
Proceeds from sale of units   $ 800    
Preferred Class A-2 | Subsidiary of Common Parent        
Real Estate Properties [Line Items]        
Non-voting preferred membership units sold 1,927      
Interest rate on Class A non-voting preferred membership units 10.00%      
Proceeds from sale of units $ 1,900      
Total Richardson Portfolio        
Real Estate Properties [Line Items]        
Total real estate, cost     46,275  
Accumulated depreciation and amortization     (12,300)  
Total real estate, net     $ 33,975  
Palisades Central I        
Real Estate Properties [Line Items]        
Date Acquired or Foreclosed on     Nov. 23, 2011  
Total real estate, cost     $ 13,374  
Accumulated depreciation and amortization     (3,787)  
Total real estate, net     $ 9,587  
Ownership %     90.00%  
Palisades Central II        
Real Estate Properties [Line Items]        
Date Acquired or Foreclosed on     Nov. 23, 2011  
Total real estate, cost     $ 22,215  
Accumulated depreciation and amortization     (5,894)  
Total real estate, net     $ 16,321  
Ownership %     90.00%  
Greenway I        
Real Estate Properties [Line Items]        
Date Acquired or Foreclosed on     Nov. 23, 2011  
Total real estate, cost     $ 2,954  
Accumulated depreciation and amortization     (1,118)  
Total real estate, net     $ 1,836  
Ownership %     90.00%  
Greenway III        
Real Estate Properties [Line Items]        
Date Acquired or Foreclosed on     Nov. 23, 2011  
Total real estate, cost     $ 4,598  
Accumulated depreciation and amortization     (1,501)  
Total real estate, net     $ 3,097  
Ownership %     90.00%  
Undeveloped Land        
Real Estate Properties [Line Items]        
Date Acquired or Foreclosed on     Nov. 23, 2011  
Total real estate, cost     $ 3,134  
Accumulated depreciation and amortization     0  
Total real estate, net     $ 3,134  
Ownership %     90.00%  
Park Highlands        
Real Estate Properties [Line Items]        
Date Acquired or Foreclosed on     Dec. 30, 2011  
Total real estate, cost     $ 35,802  
Accumulated depreciation and amortization     0  
Total real estate, net     $ 35,802  
Ownership %     100.00%  
Park Centre        
Real Estate Properties [Line Items]        
Date Acquired or Foreclosed on     Mar. 28, 2013  
Total real estate, cost     $ 38,017  
Accumulated depreciation and amortization     (7,091)  
Total real estate, net     $ 30,926  
Ownership %     100.00%  
1180 Raymond        
Real Estate Properties [Line Items]        
Date Acquired or Foreclosed on     Aug. 20, 2013  
Total real estate, cost     $ 47,470  
Accumulated depreciation and amortization     (8,216)  
Total real estate, net     $ 39,254  
Ownership %     100.00%  
Park Highlands II        
Real Estate Properties [Line Items]        
Date Acquired or Foreclosed on     Dec. 10, 2013  
Total real estate, cost     $ 27,373  
Accumulated depreciation and amortization     0  
Total real estate, net     $ 27,373  
Ownership %     100.00%  
Richardson Land II        
Real Estate Properties [Line Items]        
Date Acquired or Foreclosed on     Sep. 04, 2014  
Total real estate, cost     $ 3,418  
Accumulated depreciation and amortization     0  
Total real estate, net     $ 3,418  
Ownership %     90.00%  
Crown Pointe        
Real Estate Properties [Line Items]        
Date Acquired or Foreclosed on     Feb. 14, 2017  
Total real estate, cost     $ 95,902  
Accumulated depreciation and amortization     (12,558)  
Total real estate, net     $ 83,344  
Ownership %     100.00%  
The Marq        
Real Estate Properties [Line Items]        
Date Acquired or Foreclosed on     Mar. 01, 2018  
Total real estate, cost     $ 95,664  
Accumulated depreciation and amortization     (8,206)  
Total real estate, net     $ 87,458  
Ownership %     100.00%  
City Tower        
Real Estate Properties [Line Items]        
Date Acquired or Foreclosed on     Mar. 06, 2018  
Total real estate, cost     $ 157,393  
Accumulated depreciation and amortization     (14,570)  
Total real estate, net     $ 142,823  
Ownership %     100.00%  
Eight & Nine Corporate Centre        
Real Estate Properties [Line Items]        
Date Acquired or Foreclosed on     Jun. 08, 2018  
Total real estate, cost     $ 79,840  
Accumulated depreciation and amortization     (5,137)  
Total real estate, net     $ 74,703  
Ownership %     100.00%  
Georgia 400 Center        
Real Estate Properties [Line Items]        
Date Acquired or Foreclosed on     May 23, 2019  
Total real estate, cost     $ 91,929  
Accumulated depreciation and amortization     (4,253)  
Total real estate, net     $ 87,676  
Ownership %     100.00%  
Birmingham Homes        
Real Estate Properties [Line Items]        
Date Acquired or Foreclosed on     Nov. 04, 2019  
Total real estate, cost     $ 13,711  
Accumulated depreciation and amortization     (206)  
Total real estate, net     $ 13,505  
Ownership %     100.00%  
Houston Homes        
Real Estate Properties [Line Items]        
Date Acquired or Foreclosed on     Nov. 04, 2019  
Total real estate, cost     $ 29,300  
Accumulated depreciation and amortization     (468)  
Total real estate, net     $ 28,832  
Ownership %     100.00%  
Jacksonville Homes        
Real Estate Properties [Line Items]        
Date Acquired or Foreclosed on     Nov. 04, 2019  
Total real estate, cost     $ 27,493  
Accumulated depreciation and amortization     (460)  
Total real estate, net     $ 27,033  
Ownership %     100.00%  
Memphis Homes        
Real Estate Properties [Line Items]        
Date Acquired or Foreclosed on     Nov. 04, 2019  
Total real estate, cost     $ 18,660  
Accumulated depreciation and amortization     (299)  
Total real estate, net     $ 18,361  
Ownership %     100.00%  
Atlanta Homes        
Real Estate Properties [Line Items]        
Date Acquired or Foreclosed on     Nov. 04, 2019  
Total real estate, cost     $ 4,708  
Accumulated depreciation and amortization     (84)  
Total real estate, net     $ 4,624  
Ownership %     100.00%  
Oklahoma Homes        
Real Estate Properties [Line Items]        
Date Acquired or Foreclosed on     Nov. 04, 2019  
Total real estate, cost     $ 16,633  
Accumulated depreciation and amortization     (280)  
Total real estate, net     $ 16,353  
Ownership %     100.00%  
Total Single-Family Homes Portfolio        
Real Estate Properties [Line Items]        
Total real estate, cost     $ 110,505  
Accumulated depreciation and amortization     (1,797)  
Total real estate, net     108,708  
Land        
Real Estate Properties [Line Items]        
Total real estate, cost     177,247 175,317
Land | Total Richardson Portfolio        
Real Estate Properties [Line Items]        
Total real estate, cost     6,244  
Land | Palisades Central I        
Real Estate Properties [Line Items]        
Total real estate, cost     1,037  
Land | Palisades Central II        
Real Estate Properties [Line Items]        
Total real estate, cost     810  
Land | Greenway I        
Real Estate Properties [Line Items]        
Total real estate, cost     561  
Land | Greenway III        
Real Estate Properties [Line Items]        
Total real estate, cost     702  
Land | Undeveloped Land        
Real Estate Properties [Line Items]        
Total real estate, cost     3,134  
Land | Park Highlands        
Real Estate Properties [Line Items]        
Total real estate, cost     35,802  
Land | Park Centre        
Real Estate Properties [Line Items]        
Total real estate, cost     3,251  
Land | 1180 Raymond        
Real Estate Properties [Line Items]        
Total real estate, cost     8,292  
Land | Park Highlands II        
Real Estate Properties [Line Items]        
Total real estate, cost     27,373  
Land | Richardson Land II        
Real Estate Properties [Line Items]        
Total real estate, cost     3,418  
Land | Crown Pointe        
Real Estate Properties [Line Items]        
Total real estate, cost     22,590  
Land | The Marq        
Real Estate Properties [Line Items]        
Total real estate, cost     10,387  
Land | City Tower        
Real Estate Properties [Line Items]        
Total real estate, cost     13,930  
Land | Eight & Nine Corporate Centre        
Real Estate Properties [Line Items]        
Total real estate, cost     17,401  
Land | Georgia 400 Center        
Real Estate Properties [Line Items]        
Total real estate, cost     11,431  
Land | Birmingham Homes        
Real Estate Properties [Line Items]        
Total real estate, cost     2,444  
Land | Houston Homes        
Real Estate Properties [Line Items]        
Total real estate, cost     6,154  
Land | Jacksonville Homes        
Real Estate Properties [Line Items]        
Total real estate, cost     2,986  
Land | Memphis Homes        
Real Estate Properties [Line Items]        
Total real estate, cost     2,679  
Land | Atlanta Homes        
Real Estate Properties [Line Items]        
Total real estate, cost     783  
Land | Oklahoma Homes        
Real Estate Properties [Line Items]        
Total real estate, cost     2,082  
Land | Total Single-Family Homes Portfolio        
Real Estate Properties [Line Items]        
Total real estate, cost     17,128  
Buildings and improvements        
Real Estate Properties [Line Items]        
Total real estate, cost     622,162 618,974
Buildings and improvements | Total Richardson Portfolio        
Real Estate Properties [Line Items]        
Total real estate, cost     40,031  
Buildings and improvements | Palisades Central I        
Real Estate Properties [Line Items]        
Total real estate, cost     12,337  
Buildings and improvements | Palisades Central II        
Real Estate Properties [Line Items]        
Total real estate, cost     21,405  
Buildings and improvements | Greenway I        
Real Estate Properties [Line Items]        
Total real estate, cost     2,393  
Buildings and improvements | Greenway III        
Real Estate Properties [Line Items]        
Total real estate, cost     3,896  
Buildings and improvements | Undeveloped Land        
Real Estate Properties [Line Items]        
Total real estate, cost     0  
Buildings and improvements | Park Highlands        
Real Estate Properties [Line Items]        
Total real estate, cost     0  
Buildings and improvements | Park Centre        
Real Estate Properties [Line Items]        
Total real estate, cost     34,766  
Buildings and improvements | 1180 Raymond        
Real Estate Properties [Line Items]        
Total real estate, cost     39,178  
Buildings and improvements | Park Highlands II        
Real Estate Properties [Line Items]        
Total real estate, cost     0  
Buildings and improvements | Richardson Land II        
Real Estate Properties [Line Items]        
Total real estate, cost     0  
Buildings and improvements | Crown Pointe        
Real Estate Properties [Line Items]        
Total real estate, cost     68,872  
Buildings and improvements | The Marq        
Real Estate Properties [Line Items]        
Total real estate, cost     81,098  
Buildings and improvements | City Tower        
Real Estate Properties [Line Items]        
Total real estate, cost     135,526  
Buildings and improvements | Eight & Nine Corporate Centre        
Real Estate Properties [Line Items]        
Total real estate, cost     57,867  
Buildings and improvements | Georgia 400 Center        
Real Estate Properties [Line Items]        
Total real estate, cost     72,924  
Buildings and improvements | Birmingham Homes        
Real Estate Properties [Line Items]        
Total real estate, cost     11,105  
Buildings and improvements | Houston Homes        
Real Estate Properties [Line Items]        
Total real estate, cost     22,714  
Buildings and improvements | Jacksonville Homes        
Real Estate Properties [Line Items]        
Total real estate, cost     24,154  
Buildings and improvements | Memphis Homes        
Real Estate Properties [Line Items]        
Total real estate, cost     15,715  
Buildings and improvements | Atlanta Homes        
Real Estate Properties [Line Items]        
Total real estate, cost     3,860  
Buildings and improvements | Oklahoma Homes        
Real Estate Properties [Line Items]        
Total real estate, cost     14,352  
Buildings and improvements | Total Single-Family Homes Portfolio        
Real Estate Properties [Line Items]        
Total real estate, cost     91,900  
Tenant origination and absorption costs        
Real Estate Properties [Line Items]        
Total real estate, cost     30,179 $ 30,569
Tenant origination and absorption costs | Total Richardson Portfolio        
Real Estate Properties [Line Items]        
Total real estate, cost     0  
Tenant origination and absorption costs | Palisades Central I        
Real Estate Properties [Line Items]        
Total real estate, cost     0  
Tenant origination and absorption costs | Palisades Central II        
Real Estate Properties [Line Items]        
Total real estate, cost     0  
Tenant origination and absorption costs | Greenway I        
Real Estate Properties [Line Items]        
Total real estate, cost     0  
Tenant origination and absorption costs | Greenway III        
Real Estate Properties [Line Items]        
Total real estate, cost     0  
Tenant origination and absorption costs | Undeveloped Land        
Real Estate Properties [Line Items]        
Total real estate, cost     0  
Tenant origination and absorption costs | Park Highlands        
Real Estate Properties [Line Items]        
Total real estate, cost     0  
Tenant origination and absorption costs | Park Centre        
Real Estate Properties [Line Items]        
Total real estate, cost     0  
Tenant origination and absorption costs | 1180 Raymond        
Real Estate Properties [Line Items]        
Total real estate, cost     0  
Tenant origination and absorption costs | Park Highlands II        
Real Estate Properties [Line Items]        
Total real estate, cost     0  
Tenant origination and absorption costs | Richardson Land II        
Real Estate Properties [Line Items]        
Total real estate, cost     0  
Tenant origination and absorption costs | Crown Pointe        
Real Estate Properties [Line Items]        
Total real estate, cost     4,440  
Tenant origination and absorption costs | The Marq        
Real Estate Properties [Line Items]        
Total real estate, cost     4,179  
Tenant origination and absorption costs | City Tower        
Real Estate Properties [Line Items]        
Total real estate, cost     7,937  
Tenant origination and absorption costs | Eight & Nine Corporate Centre        
Real Estate Properties [Line Items]        
Total real estate, cost     4,572  
Tenant origination and absorption costs | Georgia 400 Center        
Real Estate Properties [Line Items]        
Total real estate, cost     7,574  
Tenant origination and absorption costs | Birmingham Homes        
Real Estate Properties [Line Items]        
Total real estate, cost     162  
Tenant origination and absorption costs | Houston Homes        
Real Estate Properties [Line Items]        
Total real estate, cost     432  
Tenant origination and absorption costs | Jacksonville Homes        
Real Estate Properties [Line Items]        
Total real estate, cost     353  
Tenant origination and absorption costs | Memphis Homes        
Real Estate Properties [Line Items]        
Total real estate, cost     266  
Tenant origination and absorption costs | Atlanta Homes        
Real Estate Properties [Line Items]        
Total real estate, cost     65  
Tenant origination and absorption costs | Oklahoma Homes        
Real Estate Properties [Line Items]        
Total real estate, cost     199  
Tenant origination and absorption costs | Total Single-Family Homes Portfolio        
Real Estate Properties [Line Items]        
Total real estate, cost     $ 1,477