LOANS HELD FOR INVESTMENT - Schedule of Activity in Loan Portfolio (Details) - USD ($) $ in Thousands	1 Months Ended	3 Months Ended	6 Months Ended
	Jun. 30, 2025	Jun. 30, 2025	Jun. 30, 2025
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Balance at the beginning of the period			$ 1,656,688
Initial funding			0
Origination and other loan fees and discounts, net of costs			(1,554)
Additional funding			19,341
Amortizing payments			(6,526)
Loan payoffs			(369,272)
Origination and other loan fees and discount accretion			1,993
Balance at the end of the period	$ 1,300,670	$ 1,300,670	1,300,670
Office | MA
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Loan payoffs	$ (51,500)
Office | Senior Mortgage Loans | MA
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Mortgage loans on real estate loan, realized loss		$ 33,000	$ 33,000