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REAL ESTATE OWNED (Details)
3 Months Ended 6 Months Ended
Jun. 30, 2025
USD ($)
property
Jun. 30, 2025
USD ($)
loan
property
Dec. 31, 2024
USD ($)
Real Estate [Line Items]      
Number of real estate properties | property 2 2  
Multi-family bridge loan, carrying value [1] $ 919,672,180 $ 919,672,180 $ 1,060,123,298
Real estate investment property depreciation expense $ 100,000 $ 100,000  
Multifamily      
Real Estate [Line Items]      
Real ostate, Owned, weighted average occupancy rate 73.50% 73.50%  
Multifamily | ABR Foreclosed Real Estate Owned Assets | Minimum      
Real Estate [Line Items]      
Overall capitalization rate assumption (percent)   6.00%  
Multifamily | ABR Foreclosed Real Estate Owned Assets | Maximum      
Real Estate [Line Items]      
Overall capitalization rate assumption (percent)   6.25%  
Multifamily | ABR Foreclosed Real Estate Owned Assets | 2021-FL1 CLO      
Real Estate [Line Items]      
Number Of foreclosed real estate property loans | loan   1  
Multi-family bridge loan, carrying value $ 13,000,000.0 $ 13,000,000.0  
Financing receivable, specific CECL reserve   $ 2,400,000  
Multifamily | ABR Foreclosed Real Estate Owned Assets | LMF 2023-1 Financing      
Real Estate [Line Items]      
Number Of foreclosed real estate property loans | loan   1  
Multi-family bridge loan, carrying value $ 11,000,000.0 $ 11,000,000.0  
Financing receivable, specific CECL reserve   $ 500,000  
[1] Our consolidated balance sheets include assets and liabilities of consolidated variable interest entities ("VIEs") as the Company was the primary beneficiary of these VIEs. As of June 30, 2025 and December 31, 2024, assets of consolidated VIEs totaled $934,090,475 and $1,058,138,406, respectively and the liabilities of consolidated VIEs totaled $712,768,638 and $831,001,605 respectively. See Note 4 for further discussion.