XML 76 R63.htm IDEA: XBRL DOCUMENT v3.22.2
RELATED PARTY TRANSACTIONS - Narrative (Details)
3 Months Ended 6 Months Ended
Jun. 30, 2022
USD ($)
quarter
Mar. 31, 2022
USD ($)
Jun. 30, 2021
USD ($)
Jun. 30, 2022
USD ($)
quarter
Jun. 30, 2021
USD ($)
Dec. 31, 2021
USD ($)
Related Party Transaction [Line Items]            
Amended agreement to exclude real estate revenues from net income   $ 2,400,000        
Amended agreement to include gain on termination of interest rate cap derivative   $ 2,000,000        
Incentive fees incurred $ 965,000   $ 693,000 $ 1,300,000 $ 1,400,000  
Management fee renewal term (in years)       1 year    
Management agreement termination, termination fee times average annual base management free and incentive fees received       300.00%    
Management fee look back period       24 months    
Loans held for investment 2,605,893,000     $ 2,605,893,000   $ 2,414,383,000
Outstanding principal 2,625,448,000     2,625,448,000   2,429,112,000
Residential            
Related Party Transaction [Line Items]            
Loans held for investment 204,300,000     204,300,000   $ 158,300,000
Senior Mortgage Loans | Industrial | Loan Purchase Commitments            
Related Party Transaction [Line Items]            
Outstanding principal 200,000,000     $ 200,000,000    
ACREM            
Related Party Transaction [Line Items]            
Base management fees as a percentage of stockholders' equity per annum       1.50%    
Incentive fee payable (not less than) $ 0     $ 0    
Percentage multiplied to arrive at first value affecting calculation of incentive fees       20.00%    
Previous period for which core earnings are considered to arrive at first value affecting calculation of incentive fees       12 months    
Previous period for product of weighted average price per share and weighted average number of shares of common stock and other shares       12 months    
Percentage multiplied to arrive at difference of first value affecting calculation of incentive fees       8.00%    
Period whose fiscal quarters are considered to arrive at first value affecting calculation of incentive fees       12 months    
Minimum cumulative core earnings, number of quarters | quarter 12     12    
Minimum cumulative core earnings for calculation of incentive fee $ 0     $ 0