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DEBT - Narrative Disclosures (Details)
1 Months Ended 7 Months Ended 9 Months Ended 12 Months Ended 29 Months Ended
Dec. 13, 2018
Dec. 12, 2018
Dec. 21, 2017
Oct. 01, 2017
Dec. 31, 2017
USD ($)
Aug. 03, 2017
Sep. 30, 2019
Dec. 31, 2019
USD ($)
extension
Dec. 31, 2018
USD ($)
Dec. 31, 2017
USD ($)
Dec. 31, 2019
USD ($)
extension
Nov. 30, 2019
USD ($)
Jun. 30, 2019
USD ($)
May 31, 2019
USD ($)
Funding agreements                            
Total Commitment               $ 1,471,424,000 $ 1,475,989,000   $ 1,471,424,000      
Outstanding balance               894,744,000 887,974,000   894,744,000      
Early extinguishment of debt costs               0 0 $ (768,000)        
Amount of debt discount on the initial draw down amount               $ 2,600,000            
Maximum                            
Funding agreements                            
Extension period of maturity date               12 months            
Notes Payable to Banks                            
Funding agreements                            
Interest rate margin (as a percent)               3.75%            
Outstanding balance                       $ 23,500,000   $ 32,400,000
Notes Payable to Banks | NORTH CAROLINA                            
Funding agreements                            
Outstanding balance                           $ 40,500,000
Notes Payable to Banks | NEW YORK                            
Funding agreements                            
Interest rate margin (as a percent)               3.00%            
Outstanding balance               $ 28,300,000     28,300,000      
Notes Payable to Banks | SOUTH CAROLINA                            
Funding agreements                            
Interest rate margin (as a percent)               2.50%            
Outstanding balance               $ 27,900,000     27,900,000 $ 34,600,000    
Secured term loan                            
Funding agreements                            
Total Commitment               $ 110,000,000 110,000,000   $ 110,000,000      
Number of extension periods available for maturity date | extension               1     1      
Extension period of maturity date               12 months            
Outstanding balance               $ 110,000,000 $ 110,000,000   $ 110,000,000      
Aggregate principal amount               $ 110,000,000     $ 110,000,000      
Secured term loan | LIBOR                            
Funding agreements                            
Interest rate margin (as a percent)     7.20%         5.00% 6.00% 8.70%        
Repayments of debt         $ 45,000,000                  
Early extinguishment of debt costs                   $ 768,000        
LIBOR floor (as a percent)               1.00%     1.00%      
Percentage of accretion of original issue discount and associated costs               8.00% 7.60%   8.00%      
Secured term loan | Minimum                            
Funding agreements                            
Tangible net worth (as a percent)               80.00%            
Net proceeds (as a perccent)               80.00%            
Percentage of tangible net worth required to be maintained (as a percent)               65.00%            
Asset coverage ratio               110.00%            
Unencumbered asset ratio               120.00%            
Secured term loan | Maximum                            
Funding agreements                            
Debt Instrument Covenant Ratio of Debt to Tangible Net Worth               4            
Secured Term Loan, Extension Period One | LIBOR                            
Funding agreements                            
Debt instrument, interest rate,               0.125%            
Secured Term Loan, Extension Period Two | LIBOR                            
Funding agreements                            
Debt instrument, interest rate,               0.375%            
Secured Term Loan, Extension Period Three | LIBOR                            
Funding agreements                            
Debt instrument, interest rate,               0.75%            
U.S. Bank Facility                            
Funding agreements                            
Total Commitment               $ 185,989,000 $ 185,989,000   $ 185,989,000      
Outstanding balance               43,045,000 148,475,000   43,045,000      
U.S. Bank Facility | 30 day LIBOR                            
Funding agreements                            
Total Commitment               $ 186,000,000     $ 186,000,000      
U.S. Bank Facility | Secured revolving funding facility                            
Funding agreements                            
Line of credit facility               0.25%            
U.S. Bank Facility | Revolving master repurchase facility                            
Funding agreements                            
Number of extension periods available for maturity date | extension               2     2      
Extension period of maturity date               12 months            
U.S. Bank Facility | Revolving master repurchase facility | 30 day LIBOR                            
Funding agreements                            
Interest rate margin (as a percent)               50.00%            
Non-utilization/commitment fee               $ 246,000 83,000          
U.S. Bank Facility | Revolving master repurchase facility | One-month LIBOR                            
Funding agreements                            
Interest rate margin (as a percent)               2.25%            
U.S. Bank Facility | Secured funding facility                            
Funding agreements                            
Non-utilization/commitment fee                 0          
Wells Fargo Facility                            
Funding agreements                            
Total Commitment               $ 500,000,000 500,000,000   $ 500,000,000      
Outstanding balance               $ 360,354,000 274,071,000   $ 360,354,000      
Wells Fargo Facility | Secured revolving funding facility                            
Funding agreements                            
Number of extension periods available for maturity date | extension               3     3      
Extension period of maturity date               12 months            
Non-utilization threshold (less than)               75.00%     75.00%      
Non-utilization/commitment fee               $ 618,000 149,000 362,000        
Line of credit facility               0.25%            
Wells Fargo Facility | Secured revolving funding facility | Minimum                            
Funding agreements                            
Tangible net worth to be maintained               $ 135,500,000            
Tangible net worth (as a percent)               80.00%            
Net proceeds (as a perccent)               80.00%            
Wells Fargo Facility | Secured revolving funding facility | Minimum | 30 day LIBOR                            
Funding agreements                            
Interest rate margin (as a percent) 1.75%             1.50%            
Wells Fargo Facility | Secured revolving funding facility | Maximum                            
Funding agreements                            
Debt Instrument Covenant Ratio of Debt to Tangible Net Worth               4            
Ratio of recourse debt to tangible net worth               3            
Ratio of EBITDA to fixed charges               1.25            
Wells Fargo Facility | Secured revolving funding facility | Maximum | 30 day LIBOR                            
Funding agreements                            
Interest rate margin (as a percent) 2.35%             2.25%            
Citibank Facility                            
Funding agreements                            
Total Commitment               $ 325,000,000 325,000,000   $ 325,000,000      
Outstanding balance               126,603,000 184,003,000   126,603,000      
Citibank Facility | Secured revolving funding facility                            
Funding agreements                            
Total Commitment               $ 325,000,000     $ 325,000,000      
Number of extension periods available for maturity date | extension               2     2      
Extension period of maturity date               12 months            
Non-utilization/commitment fee               $ 388,000 143,000 165,000        
Liquidity to be maintained as a percentage               5.00%            
Line of credit facility               0.25%            
Citibank Facility | Secured revolving funding facility | Minimum                            
Funding agreements                            
Tangible net worth (as a percent)               80.00%            
Net proceeds (as a perccent)               80.00%            
Amount of liquidity to be maintained               $ 5,000,000            
Citibank Facility | Secured revolving funding facility | Minimum | 30 day LIBOR                            
Funding agreements                            
Interest rate margin (as a percent)   2.25%           1.50%            
Citibank Facility | Secured revolving funding facility | Maximum                            
Funding agreements                            
Debt Instrument Covenant Ratio of Debt to Tangible Net Worth               4            
Ratio of recourse debt to tangible net worth               3            
Ratio of EBITDA to fixed charges               1.25            
Amount of liquidity to be maintained               $ 10,000,000            
Citibank Facility | Secured revolving funding facility | Maximum | 30 day LIBOR                            
Funding agreements                            
Interest rate margin (as a percent)   2.50%           2.25%            
BAML Facility                            
Funding agreements                            
Total Commitment               $ 36,280,000 125,000,000   $ 36,280,000      
Outstanding balance               $ 36,280,000 36,280,000   36,280,000      
Period immediately preceding               12 months            
BAML Facility | Secured revolving funding facility                            
Funding agreements                            
Line of credit facility               0.125%            
BAML Facility | Secured funding facility                            
Funding agreements                            
Total Commitment               $ 125,000,000     $ 125,000,000      
Number of extension periods available for maturity date | extension               1     1      
Extension period of maturity date               12 months            
Non-utilization/commitment fee               $ 43,000 21,000 52,000        
Term of debt               2 years            
Facility used on average (as a percent)               50.00%            
BAML Facility | Secured funding facility | One-month LIBOR                            
Funding agreements                            
Interest rate margin (as a percent)             2.00%              
BAML Facility | Secured funding facility | Minimum                            
Funding agreements                            
Tangible net worth (as a percent)               80.00%            
Net proceeds (as a perccent)               80.00%            
BAML Facility | Secured funding facility | Minimum | One-month LIBOR                            
Funding agreements                            
Interest rate margin (as a percent)       2.25%                    
BAML Facility | Secured funding facility | Maximum                            
Funding agreements                            
Debt Instrument Covenant Ratio of Debt to Tangible Net Worth               4            
Ratio of recourse debt to tangible net worth               3            
Ratio of EBITDA to fixed charges               1.25            
BAML Facility | Secured funding facility | Maximum | One-month LIBOR                            
Funding agreements                            
Interest rate margin (as a percent)       2.75%                    
CNB Facility                            
Funding agreements                            
Total Commitment                         $ 50,000,000.0  
CNB Facility | Amended City National Bank Facility                            
Funding agreements                            
Total Commitment                         75,000,000.0  
CNB Facility | CNB Facility                            
Funding agreements                            
Total Commitment               $ 50,000,000 50,000,000   $ 50,000,000   $ 50,000,000  
Number of extension periods available for maturity date | extension               2     2      
Extension period of maturity date               12 months            
Non-utilization/commitment fee               $ 136,000 166,000 $ 184,000        
Line of credit facility               0.375%            
Outstanding balance               $ 30,500,000 0   $ 30,500,000      
Period immediately preceding               12 months            
CNB Facility | CNB Facility | One, two, three or six month LIBOR                            
Funding agreements                            
Interest rate margin (as a percent)               3.00%            
CNB Facility | CNB Facility | Federal funds rate                            
Funding agreements                            
Interest rate margin (as a percent)               0.50%            
CNB Facility | CNB Facility | One-month LIBOR                            
Funding agreements                            
Interest rate margin (as a percent)               1.00%            
CNB Facility | CNB Facility | Base rate                            
Funding agreements                            
Interest rate margin (as a percent)               1.25%            
CNB Facility | CNB Facility | Minimum                            
Funding agreements                            
Tangible net worth (as a percent)               80.00%            
Net proceeds (as a perccent)               80.00%            
Facility used on average (as a percent)               75.00%            
CNB Facility | CNB Facility | Minimum | One, two, three or six month LIBOR                            
Funding agreements                            
Interest rate margin (as a percent)               2.65%            
CNB Facility | CNB Facility | Maximum                            
Funding agreements                            
Debt Instrument Covenant Ratio of Debt to Tangible Net Worth               4.00            
Ratio of recourse debt to tangible net worth               3            
Ratio of EBITDA to fixed charges               1.25            
MetLife Facility                            
Funding agreements                            
Total Commitment               $ 180,000,000 180,000,000   180,000,000      
Outstanding balance               $ 131,807,000 135,145,000   $ 131,807,000      
MetLife Facility | Secured revolving funding facility                            
Funding agreements                            
Non-utilization threshold (less than)               65.00%     65.00%      
Non-utilization/commitment fee               $ 5,000 7,000          
MetLife Facility | Revolving master repurchase facility                            
Funding agreements                            
Total Commitment               $ 180,000,000     $ 180,000,000      
Number of extension periods available for maturity date | extension               2     2      
Extension period of maturity date               12 months            
Period immediately preceding               12 months            
MetLife Facility | Revolving master repurchase facility | 30 day LIBOR                            
Funding agreements                            
Interest rate margin (as a percent)           2.35%         2.30%      
Line of credit facility               0.25%            
MetLife Facility | Revolving master repurchase facility | Minimum                            
Funding agreements                            
Tangible net worth (as a percent)               80.00%            
MetLife Facility | Revolving master repurchase facility | Maximum                            
Funding agreements                            
Debt Instrument Covenant Ratio of Debt to Tangible Net Worth               4            
Ratio of recourse debt to tangible net worth               3            
Ratio of EBITDA to fixed charges               1.25            
Notes Payable to Banks                            
Funding agreements                            
Total Commitment               $ 84,155,000 0   $ 84,155,000      
Outstanding balance               56,155,000 $ 0   $ 56,155,000      
Short-term debt, increase in borrowing limit               $ 30,000,000