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INVESTMENTS IN REAL ESTATE AND OTHER SECURITIES - Summary of Real Estate Securities in an Unrealized Loss Position (Details)
$ in Thousands
6 Months Ended
Jun. 30, 2020
USD ($)
security
Debt Securities, Available-for-sale [Line Items]  
Outstanding Face Amount $ 27,043,910
Weighted Average Life (Years) 1 year 2 months 12 days
Less than 12 Months  
Debt Securities, Available-for-sale [Line Items]  
Outstanding Face Amount $ 8,860,380
Before Impairment - Amortized Cost Basis 1,005,995
Credit Impairment - Amortized Cost Basis (8,561)
Amortized Cost Basis 997,434
Gross Unrealized Losses - Less than 12 Months (98,478)
Carrying Value - Less than 12 Months $ 898,956
Number of Securities - Less than 12 Months | security 184
Weighted Average Rating BBB+
Weighted Average Coupon 3.34%
Weighted Average Yield 4.84%
Weighted Average Life (Years) 11 years 6 months
12 or More Months  
Debt Securities, Available-for-sale [Line Items]  
Outstanding Face Amount $ 2,381,211
Before Impairment - Amortized Cost Basis 96,175
Credit Impairment - Amortized Cost Basis (10,454)
Amortized Cost Basis 85,721
Gross Unrealized Losses - 12 or More Months (13,057)
Carrying Value - 12 or More Months $ 72,664
Number of Securities - 12 or More Months | security 60
Weighted Average Rating A
Weighted Average Coupon 1.80%
Weighted Average Yield 2.87%
Weighted Average Life (Years) 2 years 7 months 6 days
Total/Weighted Average  
Debt Securities, Available-for-sale [Line Items]  
Outstanding Face Amount $ 11,241,591
Before Impairment - Amortized Cost Basis 1,102,170
Credit Impairment - Amortized Cost Basis (19,015)
Amortized Cost Basis 1,083,155
Gross Unrealized Losses - Total (111,535)
Carrying Value - Total $ 971,620
Number of Securities - Total | security 244
Weighted Average Rating BBB+
Weighted Average Coupon 3.22%
Weighted Average Yield 4.69%
Weighted Average Life (Years) 10 years 9 months 18 days