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EQUITY AND EARNINGS PER SHARE - Narrative (Details) - USD ($)
1 Months Ended 3 Months Ended 12 Months Ended
Jan. 01, 2022
Dec. 15, 2021
Sep. 22, 2021
Sep. 14, 2021
May 19, 2021
Apr. 16, 2021
Apr. 14, 2021
Jan. 01, 2021
May 19, 2020
Feb. 14, 2020
Jan. 01, 2020
Jan. 01, 2014
Sep. 30, 2021
Feb. 29, 2020
Aug. 31, 2019
Jul. 31, 2019
Jun. 30, 2020
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Nov. 02, 2020
Share-based Payment Arrangement, Option, Exercise Price Range [Line Items]                                          
Common stock, shares authorized (in shares)                                   2,000,000,000 2,000,000,000    
Common stock, par value (in dollars per share)                 $ 0.01                 $ 0.01 $ 0.01    
Preferred stock, shares authorized (in shares)                                   100,000,000 100,000,000    
Preferred stock, par values (in dollars per share)                                   $ 0.01 $ 0.01    
Number of common shares (in shares)                                   52,210,000 33,610,000    
Preferred stock, liquidation preference per share (in dollars per share)                                   $ 25.00      
Option exercise (in shares)     1,600,000     6,725,000       2,100,000               0 0    
Share price (in dollars per share)       $ 10.89     $ 10.10                            
Granted (in shares)                                   7,051,335 1,619,739    
Preferred stock, dividends (in dollars per share)                                   $ 5.97 $ 5.26 $ 2.05  
Common stock, shares outstanding (in shares)                                   466,758,266 414,744,518    
Fair value                                 $ 53,500,000        
Reserved shares of common stock for issuance (in shares)                                   15,000,000      
Stock option plan term (in years)                                   10 years      
Yearly increase in number of shares available for options                                   10.00%      
Number of additional shares authorized (in shares)               9,739     4,600,000 0                  
Threshold percentage for options that may be issued to the Manager                                   10.00%      
Stock options outstanding (in shares)                                   21,478,990      
Share price (in dollars per share)                                   $ 10.71      
Subsequent Event                                          
Share-based Payment Arrangement, Option, Exercise Price Range [Line Items]                                          
Number of additional shares authorized (in shares) 5,190,335                                        
Fortress-managed funds                                          
Share-based Payment Arrangement, Option, Exercise Price Range [Line Items]                                          
Common stock, shares outstanding (in shares)                                   2,400,000      
Stock options outstanding (in shares)                                   19,900,000      
Common Stock                                          
Share-based Payment Arrangement, Option, Exercise Price Range [Line Items]                                          
Option exercise (in shares)                                       348,613  
Stock repurchase program, authorized amount                                   $ 200,000,000      
Preferred Stock                                          
Share-based Payment Arrangement, Option, Exercise Price Range [Line Items]                                          
Stock repurchase program, authorized amount                                   $ 100,000,000      
Share-based Payment Arrangement, Nonemployee                                          
Share-based Payment Arrangement, Option, Exercise Price Range [Line Items]                                          
Granted (in shares)       1,900,000     5,200,000                            
Share-based Payment Arrangement, Nonemployee | Warrant                                          
Share-based Payment Arrangement, Option, Exercise Price Range [Line Items]                                          
Granted (in shares)                 43,400,000               43,400,000        
Exercise price range, lower range limit (in dollars per share)                                 $ 6.11        
Exercise price range, upper range limit (in dollars per share)                                 $ 7.94        
Expected term (in years)                                 3 years        
Risk free interest rate                                 0.24%        
Expected volatility rate                                 35.00%        
Share-based Payment Arrangement, Nonemployee | Warrant | 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 | Warrant | 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        
Preferred Stock                                          
Share-based Payment Arrangement, Option, Exercise Price Range [Line Items]                                          
Stock repurchase program, authorized amount                                         $ 100,000,000
Share repurchases (in shares)                                   0      
7.50% Series A Preferred Stock                                          
Share-based Payment Arrangement, Option, Exercise Price Range [Line Items]                                          
Number of common shares (in shares)                                   6,210,000 6,210,000    
Dividend interest rate                               7.50%          
Preferred stock, dividends (in dollars per share)   $ 0.47                               $ 1.88 $ 1.88 $ 1.16  
Dividends on preferred stock   $ 2,900,000                                      
7.125% Series B Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock                                          
Share-based Payment Arrangement, Option, Exercise Price Range [Line Items]                                          
Number of common shares (in shares)                                   11,300,000 11,300,000    
Dividend interest rate                             7.125%            
Preferred stock, dividends (in dollars per share)   $ 0.45                               $ 1.78 $ 1.78 0.89  
Dividends on preferred stock   $ 5,000,000                                      
6.375% Series C Preferred Stock                                          
Share-based Payment Arrangement, Option, Exercise Price Range [Line Items]                                          
Preferred stock, par values (in dollars per share)                   $ 0.01                      
Number of common shares (in shares)                                   16,100,000 16,100,000    
Dividend interest rate                   6.375%       6.375%              
Preferred stock, liquidation preference per share (in dollars per share)                   $ 25.00                      
Sale of stock, consideration received on transaction                   $ 389,500,000                      
Preferred stock, dividends (in dollars per share)   $ 0.40                               $ 1.59 $ 1.60 0  
Dividends on preferred stock   $ 6,400,000                                      
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                   $ 1,000,000                      
Common Stock                                          
Share-based Payment Arrangement, Option, Exercise Price Range [Line Items]                                          
Share repurchases (in shares)                                     1,000,000    
Stock repurchased, average cost per share (in dollars per share)                                     $ 7.46    
7.00% Series D Preferred Stock                                          
Share-based Payment Arrangement, Option, Exercise Price Range [Line Items]                                          
Preferred stock, par values (in dollars per share)       $ 0.01                                  
Number of common shares (in shares)                                   18,600,000 0    
Dividend interest rate       7.00%                 7.00%                
Preferred stock, liquidation preference per share (in dollars per share)       $ 25.00                                  
Sale of stock, consideration received on transaction       $ 449,500,000                                  
Preferred stock, dividends (in dollars per share)   $ 0.44                               $ 0.72 $ 0 $ 0  
Dividends on preferred stock   $ 8,100,000                                      
Underwritten Public Option                                          
Share-based Payment Arrangement, Option, Exercise Price Range [Line Items]                                          
Number of common shares (in shares)             45,000,000     14,000,000                      
Share price (in dollars per share)             $ 10.10                            
Underwritten Public Option | 7.00% Series D Preferred Stock                                          
Share-based Payment Arrangement, Option, Exercise Price Range [Line Items]                                          
Number of common shares (in shares)       17,000,000                                  
Over-Allotment Option                                          
Share-based Payment Arrangement, Option, Exercise Price Range [Line Items]                                          
Number of common shares (in shares)       2,550,000     6,750,000                            
Share price (in dollars per share)       $ 24.2125     $ 10.10                            
Over-Allotment Option | 6.375% Series C Preferred Stock                                          
Share-based Payment Arrangement, Option, Exercise Price Range [Line Items]                                          
Number of common shares (in shares)                   1,600,000                      
Distribution Agreement | Common Stock                                          
Share-based Payment Arrangement, Option, Exercise Price Range [Line Items]                                          
Number of common shares (in shares)                                   178,000      
Sale of stock, consideration received on transaction         $ 500,000,000                                
Average price per share (in dollars per share)                                   $ 11.51