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REAL ESTATE-RELATED SECURITIES (Activity for the Real Estate-Related Securities) (Details)
$ in Thousands
9 Months Ended
Sep. 30, 2020
USD ($)
Amortized Cost Basis  
Real estate-related securities as of September 30, 2020 $ 75,151
Unrealized Gain  
Real estate-related securities as of September 30, 2020 61
Fair Value  
Real estate-related securities as of January 1, 2020 0
Real estate-related securities as of September 30, 2020 75,212
CMBS  
Amortized Cost Basis  
Real estate-related securities as of January 1, 2020 0
Face value of real estate-related securities acquired 91,440
Premiums and discounts on purchase of real estate-related securities, net of acquisition costs (14,796)
Amortization of discount (premium) on real estate-related securities (45)
Principal payments received on real estate-related securities (1,448)
Real estate-related securities as of September 30, 2020 75,151
Unrealized Gain  
Real estate-related securities as of January 1, 2020 0
Unrealized gain on real estate-related securities 61
Real estate-related securities as of September 30, 2020 61
Fair Value  
Real estate-related securities as of January 1, 2020 0
Face value of real estate-related securities acquired 91,440
Premiums and discounts on purchase of real estate-related securities, net of acquisition costs (14,796)
Amortization of discount (premium) on real estate-related securities (45)
Principal payments received on real estate-related securities (1,448)
Unrealized gain on real estate-related securities 61
Real estate-related securities as of September 30, 2020 $ 75,212