VARIABLE INTEREST ENTITIES (Details) $ in Thousands		3 Months Ended		6 Months Ended		12 Months Ended
	Jan. 28, 2021 USD ($)	Jun. 30, 2025 USD ($)	Jun. 30, 2024 USD ($)	Jun. 30, 2025 USD ($) loan	Jun. 30, 2024 USD ($)	Dec. 31, 2024 USD ($) loan	Jan. 11, 2019 USD ($)
Variable Interest Entity [Line Items]
Loans held for investment		$ 1,300,670		$ 1,300,670		$ 1,656,688
Assumption of real estate owned				0	$ 14,509
Credit risk, financial instrument, maximum exposure				96,000
ACRE Commercial Mortgage 2021-FL4 Ltd. and ACRE Commercial Mortgage 2021-FL4 LLC | Preferred Stock
Variable Interest Entity [Line Items]
Sale of common stock	$ 64,300
Wholly Owned Subsidiary To Parent Company | ACRE Commercial Mortgage 2021-FL4 Ltd. and ACRE Commercial Mortgage 2021-FL4 LLC | Preferred Stock
Variable Interest Entity [Line Items]
Sale of common stock				64,300
2019 FL3 CLO Securitization | Wells Fargo Facility | Notes payable
Variable Interest Entity [Line Items]
Long-term debt							$ 504,100
2019 FL3 CLO Securitization | Wells Fargo Facility | Collateralized Loan Obligations
Variable Interest Entity [Line Items]
Long-term debt							$ 52,900
Offered Notes | Holdco
Variable Interest Entity [Line Items]
Principal amount of certificates retained by wholly owned subsidiary of the entity		58,500		58,500
Offered Certificates | Parent Company
Variable Interest Entity [Line Items]
Preferred equity fully funded amount		52,900		52,900
Offered Certificates And Offered Notes | Parent Company
Variable Interest Entity [Line Items]
Loans held for investment		111,400		111,400
Floating Rate Notes, Weighted Average Coupon Rate, LIBOR Plus 1.85%
Variable Interest Entity [Line Items]
Number of properties collateralized for mortgage loan | loan						12
Receivables related to repayments of outstanding principal						$ 365,200
Secured, Floating Rate Notes | ACRE Commercial Mortgage 2021-FL4 Ltd. and ACRE Commercial Mortgage 2021-FL4 LLC
Variable Interest Entity [Line Items]
Aggregate principal amount	$ 603,000
Secured, Floating Rate Notes | Wholly Owned Subsidiary To Parent Company | ACRE Commercial Mortgage 2021-FL3 Ltd. and ACRE Commercial Mortgage 2021-FL3 LLC
Variable Interest Entity [Line Items]
Repayments of debt		0	$ 6,700	303,900	37,900
Secured, Floating Rate Notes | Wholly Owned Subsidiary To Parent Company | ACRE Commercial Mortgage 2021-FL4 Ltd. and ACRE Commercial Mortgage 2021-FL4 LLC
Variable Interest Entity [Line Items]
Repayments of debt		14,400	$ 125	14,500	$ 97,200
Aggregate principal amount		62,500		62,500
Collateral amount		126,800		$ 126,800
FL4 Mortgage Assets
Variable Interest Entity [Line Items]
Number of properties collateralized for mortgage loan | loan				4		4
Receivables related to repayments of outstanding principal		172,200		$ 172,200		$ 186,800
Assumption of real estate owned				56,800
Receivables related to repayments of outstanding principal on mortgage assets						$ 58,800
SOFR Plus 8.95% Due Dec 2025 | Residential/Condo | Senior Mortgage Loans | NY
Variable Interest Entity [Line Items]
Loans held for investment		$ 112,600		$ 112,600