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SUBSEQUENT EVENTS (Details)
12 Months Ended
Feb. 20, 2020
$ / shares
Feb. 10, 2020
USD ($)
Jan. 30, 2020
USD ($)
shares
Jan. 28, 2020
USD ($)
Jan. 22, 2020
USD ($)
$ / shares
shares
Jan. 21, 2020
USD ($)
Jan. 16, 2020
USD ($)
extension
Dec. 31, 2019
USD ($)
$ / shares
Dec. 31, 2018
USD ($)
$ / shares
Subsequent Events                  
Total Commitment               $ 1,471,424,000 $ 1,475,989,000
Common stock, par value (in dollars per share) | $ / shares               $ 0.01 $ 0.01
Outstanding principal               $ 1,692,894,000 $ 1,534,743,000
Carrying Amount               $ 1,682,498,000 $ 1,524,873,000
Subsequent event                  
Subsequent Events                  
Dividends declared per share of common stock (in dollars per share) | $ / shares $ 0.33                
Morgan Stanley Facility | Revolving master repurchase facility | Subsequent event                  
Subsequent Events                  
Number of extension periods available for maturity date | extension             2    
Extension period of maturity date             12 months    
Morgan Stanley Facility | One-month LIBOR | Revolving master repurchase facility | Subsequent event                  
Subsequent Events                  
Total Commitment             $ 150,000,000.0    
Interest rate margin (as a percent)             25.00%    
Diversified | Senior Mortgage Loans | Office | LIBOR Plus 3.65%, Due January 2023 | Subsequent event                  
Subsequent Events                  
Outstanding principal           $ 132,600,000      
Carrying Amount           $ 107,100,000      
Diversified | Senior Mortgage Loans | Office | LIBOR | LIBOR Plus 3.65%, Due January 2023 | Subsequent event                  
Subsequent Events                  
Basis spread on variable rate           3.65%      
Term of debt           3 years      
TEXAS | Senior Mortgage Loans | Multifamily | LIBOR Plus 3.25%, Due January 2023 | Subsequent event                  
Subsequent Events                  
Outstanding principal       $ 29,600,000          
Term of debt       3 years          
TEXAS | Senior Mortgage Loans | Multifamily | LIBOR | LIBOR Plus 3.25%, Due January 2023 | Subsequent event                  
Subsequent Events                  
Basis spread on variable rate       3.25%          
NEW YORK | Senior Mortgage Loans | Industrial | LIBOR Plus 5.00%, Due January 2021 | Subsequent event                  
Subsequent Events                  
Outstanding principal     $ 56,500,000            
Carrying Amount     $ 42,500,000            
Term of debt     1 year            
NEW YORK | Senior Mortgage Loans | Industrial | LIBOR | LIBOR Plus 5.00%, Due January 2021 | Subsequent event                  
Subsequent Events                  
Basis spread on variable rate     5.00%            
WASHINGTON | Senior Mortgage Loans | Multifamily | LIBOR Plus 3.00%, Due January 2023 | Subsequent event                  
Subsequent Events                  
Outstanding principal   $ 19,000,000              
Carrying Amount   $ 18,600,000              
Term of debt   3 years              
WASHINGTON | Senior Mortgage Loans | Multifamily | LIBOR | LIBOR Plus 3.00%, Due January 2023 | Subsequent event                  
Subsequent Events                  
Basis spread on variable rate   3.00%              
Common Stock | Subsequent event                  
Subsequent Events                  
Stock issued in the period (in shares) | shares     600,000   4,000,000        
Common stock, par value (in dollars per share) | $ / shares         $ 0.01        
Proceeds from Issuance of Common Stock     $ 9,500,000   $ 63,300,000        
Underwriter 30-day option | Common Stock | Subsequent event                  
Subsequent Events                  
Stock issued in the period (in shares) | shares         600,000        
Minimum | Morgan Stanley Facility | One-month LIBOR | Revolving master repurchase facility | Subsequent event                  
Subsequent Events                  
Interest rate margin (as a percent)             1.75%    
Maximum                  
Subsequent Events                  
Extension period of maturity date               12 months  
Maximum | Morgan Stanley Facility | One-month LIBOR | Revolving master repurchase facility | Subsequent event                  
Subsequent Events                  
Interest rate margin (as a percent)             2.25%