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EQUITY AND EARNINGS PER SHARE - Narrative (Details) - USD ($)
$ / shares in Units, $ in Thousands
1 Months Ended 3 Months Ended 9 Months Ended 12 Months Ended
Sep. 23, 2020
May 27, 2020
May 19, 2020
Feb. 14, 2020
Aug. 20, 2019
Aug. 15, 2019
Aug. 01, 2019
Jul. 02, 2019
Jul. 30, 2018
Feb. 29, 2020
Aug. 31, 2019
Jul. 31, 2019
Feb. 28, 2019
Sep. 30, 2020
Mar. 31, 2020
Sep. 30, 2020
Sep. 30, 2019
Dec. 31, 2019
Share-based Payment Arrangement, Option, Exercise Price Range [Line Items]                                    
Issuance of stock (in shares)                         46,000,000.0          
Shares issued, price per share (in dollars per share)                         $ 16.50          
Issuance of common stock                         $ 751,700     $ 1,734 $ 752,217  
Options granted (in shares)                               1,619,739    
Common stock, par value (in dollars per share)     $ 0.01                     $ 0.01   $ 0.01   $ 0.01
Number of shares issued (in shares)                               33,610,000    
Preferred stock, par values (in dollars per share)                           $ 0.01   $ 0.01   $ 0.01
Common stock, shares outstanding (in shares)                           415,744,518   415,744,518   415,520,780
Authorized repurchase amount         $ 200,000                          
Share repurchases (in shares)         0                          
Fair value     $ 53,500                              
Share price (in dollars per share)                           $ 7.95   $ 7.95    
Fortress-managed funds                                    
Share-based Payment Arrangement, Option, Exercise Price Range [Line Items]                                    
Common stock, shares outstanding (in shares)                           2,400,000   2,400,000    
Share-based Payment Arrangement, Nonemployee                                    
Share-based Payment Arrangement, Option, Exercise Price Range [Line Items]                                    
Options granted (in shares)                         4,600,000          
Options granted, fair value                         $ 3,800          
Risk free interest rate                         2.40%          
Expected dividend rate                         9.30%          
Expected volatility rate                         19.26%          
Expected term (in years)                         10 years          
Share-based Payment Arrangement, Nonemployee | Common stock purchase warrants                                    
Share-based Payment Arrangement, Option, Exercise Price Range [Line Items]                                    
Options granted (in shares)   43,400,000                           43,400,000    
Risk free interest rate     0.24%                              
Expected volatility rate     35.00%                              
Expected term (in years)     3 years                              
Exercise price range, lower range limit (in dollars per share)     $ 6.11                              
Exercise price range, upper range limit (in dollars per share)     $ 7.94                              
Share-based Payment Arrangement, Nonemployee | Common stock purchase warrants | Exercise Price One                                    
Share-based Payment Arrangement, Option, Exercise Price Range [Line Items]                                    
Shares exercisable (in shares)     24,600,000                              
Exercise price (in dollars per share)     $ 6.11                              
Share-based Payment Arrangement, Nonemployee | Common stock purchase warrants | Exercise Price Two                                    
Share-based Payment Arrangement, Option, Exercise Price Range [Line Items]                                    
Shares exercisable (in shares)     18,900,000                              
Exercise price (in dollars per share)     $ 7.94                              
7.50% Series A Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock                                    
Share-based Payment Arrangement, Option, Exercise Price Range [Line Items]                                    
Risk free interest rate               1.91%                    
Expected dividend rate               9.73%                    
Expected volatility rate               17.95%                    
Expected term (in years)               10 years                    
Net proceeds from liquidation               $ 150,000                    
Number of shares issued (in shares)               6,200,000       6,210,000            
Interest rate               7.50%       7.50%       7.50%   7.50%
Preferred stock, par values (in dollars per share)               $ 0.01           $ 0.01   $ 0.01   $ 0.01
Liquidation preference per share (in dollars per share)               $ 25.00                    
Dividends declared on preferred stock (in dollars per share) $ 0.47                         0.47   $ 1,410    
Preferred dividends $ 2,900                                  
7.50% Series A Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock | Share-based Payment Arrangement, Nonemployee                                    
Share-based Payment Arrangement, Option, Exercise Price Range [Line Items]                                    
Fair value of options granted to Manager               $ 500                    
7.125% Series B Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock                                    
Share-based Payment Arrangement, Option, Exercise Price Range [Line Items]                                    
Risk free interest rate           1.56%                        
Expected dividend rate           11.20%                        
Expected volatility rate           18.23%                        
Expected term (in years)           10 years                        
Net proceeds from liquidation           $ 273,400                        
Number of shares issued (in shares)           11,300,000         11,300,000              
Interest rate           7.125%         7.125%       7.125% 7.125%    
Preferred stock, par values (in dollars per share)           $ 0.01               0.01   $ 0.01   0.01
Liquidation preference per share (in dollars per share)           $ 25.00                        
Dividends declared on preferred stock (in dollars per share) $ 0.45                         0.45   $ 1,340    
Preferred dividends $ 5,000                                  
7.125% Series B Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock | Share-based Payment Arrangement, Nonemployee                                    
Share-based Payment Arrangement, Option, Exercise Price Range [Line Items]                                    
Fair value of options granted to Manager           $ 700                        
6.375% Series C Preferred Stock                                    
Share-based Payment Arrangement, Option, Exercise Price Range [Line Items]                                    
Risk free interest rate       1.55%                            
Expected dividend rate       9.00%                            
Expected volatility rate       17.39%                            
Expected term (in years)       10 years                            
Net proceeds from liquidation       $ 389,500                            
Number of shares issued (in shares)       16,100,000           16,100,000                
Interest rate       6.375%           6.375%         6.375% 6.375%    
Preferred stock, par values (in dollars per share)       $ 0.01                   0.01   $ 0.01   $ 0.01
Liquidation preference per share (in dollars per share)       $ 25.00                            
Dividends declared on preferred stock (in dollars per share) $ 0.40                         $ 0.40   $ 1,200    
Preferred dividends $ 6,400                                  
6.375% Series C Preferred Stock | Share-based Payment Arrangement, Nonemployee                                    
Share-based Payment Arrangement, Option, Exercise Price Range [Line Items]                                    
Fair value of options granted to Manager       $ 1,000                            
Distribution Agreement                                    
Share-based Payment Arrangement, Option, Exercise Price Range [Line Items]                                    
Common stock, par value (in dollars per share)                 $ 0.01                  
Over-Allotment Option | 7.50% Series A Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock                                    
Share-based Payment Arrangement, Option, Exercise Price Range [Line Items]                                    
Number of shares issued (in shares)               600,000                    
Over-Allotment Option | 7.125% Series B Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock                                    
Share-based Payment Arrangement, Option, Exercise Price Range [Line Items]                                    
Number of shares issued (in shares)           1,100,000                        
Over-Allotment Option | 6.375% Series C Preferred Stock                                    
Share-based Payment Arrangement, Option, Exercise Price Range [Line Items]                                    
Number of shares issued (in shares)       1,600,000                            
Common Stock | Distribution Agreement                                    
Share-based Payment Arrangement, Option, Exercise Price Range [Line Items]                                    
Net proceeds from liquidation             $ 500,000   $ 500,000