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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details) - USD ($)
$ in Thousands
6 Months Ended 9 Months Ended 12 Months Ended
Apr. 22, 2020
Jun. 30, 2020
Sep. 30, 2020
Dec. 31, 2019
New Accounting Pronouncements or Change in Accounting Principle [Line Items]        
Impairment of real estate investments   $ 0   $ 0
Accrued trailing fee-estimated payable for future     $ 14,107 $ 6,221
RREEF America        
New Accounting Pronouncements or Change in Accounting Principle [Line Items]        
Maximum offering costs as percentage of gross proceeds from initial public offering     15.00%  
Underwriting compensation for public offering as percent of gross offering proceeds 10.00%   10.00%  
Class A Shares        
New Accounting Pronouncements or Change in Accounting Principle [Line Items]        
Percentage of distribution fee 0.50%   0.50%  
Percentage of dealer manager fee 0.55%   0.55%  
Class T Shares        
New Accounting Pronouncements or Change in Accounting Principle [Line Items]        
Underwriting compensation for public offering as percent of gross offering proceeds 8.50%      
Percentage of distribution fee 1.00%   1.00%  
Duration of distribution fee 3 years   3 years  
Percentage of dealer manager fee 2.50%      
Class S Shares        
New Accounting Pronouncements or Change in Accounting Principle [Line Items]        
Percentage of distribution fee 0.85%   0.85%  
Duration of distribution fee 7 years   6 years 6 months  
Class T2 Shares        
New Accounting Pronouncements or Change in Accounting Principle [Line Items]        
Percentage of distribution fee 0.85%   0.85%  
Duration of distribution fee 6 years   6 years 6 months  
Percentage of dealer manager fee 0.50%      
Class I Shares        
New Accounting Pronouncements or Change in Accounting Principle [Line Items]        
Percentage of dealer manager fee 0.55%   0.55%