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LOANS HELD FOR INVESTMENT - Loans Held for Investment (Details) - USD ($)
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]    
Carrying Amount $ 1,682,498,000 $ 1,524,873,000
Outstanding principal $ 1,692,894,000 $ 1,534,743,000
Unleveraged Effective Yield 6.80% 7.10%
Weighted Average Remaining Life 1 year 7 months 6 days 1 year 9 months 18 days
Mortgage loans on real estate $ 0  
Senior mortgage loans    
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]    
Carrying Amount 1,622,666,000 $ 1,489,708,000
Outstanding principal $ 1,632,164,000 $ 1,498,530,000
Unleveraged Effective Yield 6.50% 7.00%
Weighted Average Remaining Life 1 year 6 months 1 year 8 months 12 days
Subordinated debt and preferred equity investments    
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]    
Carrying Amount $ 59,832,000 $ 35,165,000
Outstanding principal $ 60,730,000 $ 36,213,000
Unleveraged Effective Yield 15.10% 14.90%
Weighted Average Remaining Life 2 years 7 months 6 days 4 years 3 months 18 days