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TRANSACTIONS WITH AFFILIATES AND AFFILIATED ENTITIES - Narrative (Details)
$ / shares in Units, $ in Thousands
1 Months Ended 3 Months Ended 6 Months Ended
Jun. 17, 2022
USD ($)
Sep. 17, 2021
shares
Apr. 14, 2021
shares
May 19, 2020
USD ($)
$ / shares
shares
Mar. 31, 2020
USD ($)
purchaser
Jun. 30, 2022
USD ($)
$ / shares
Jun. 30, 2022
USD ($)
$ / shares
shares
Dec. 31, 2021
$ / shares
Jun. 30, 2021
Related Party Transaction [Line Items]                  
Management agreement, renewal term (in years)             1 year    
Number of purchasers | purchaser         6        
Mortgage-backed securities         $ 6,100,000        
Proceeds from sale of mortgage-backed securities         3,300,000        
Options granted (in shares) | shares             0    
Common stock, par value (in dollars per share) | $ / shares       $ 0.01   $ 0.01 $ 0.01 $ 0.01  
Face amount of debt           $ 23,340,461 $ 23,340,461    
Share-based Payment Arrangement, Nonemployee                  
Related Party Transaction [Line Items]                  
Options granted (in shares) | shares   1,900,000 5,200,000            
Warrant | Share-based Payment Arrangement, Nonemployee                  
Related Party Transaction [Line Items]                  
Options granted (in shares) | shares       43,400,000          
Percentage of lenders and recipients managed by an affiliate of the manager       0.48          
2020 Term Loan                  
Related Party Transaction [Line Items]                  
Debt instrument, term       3 years          
Principal amount       $ 600,000          
Fortress Purchaser                  
Related Party Transaction [Line Items]                  
Mortgage-backed securities         1,850,000        
Payments to acquire mortgage-backed securities         $ 1,000,000        
Former Manager                  
Related Party Transaction [Line Items]                  
Payment for management fee $ 200,000         400,000 400,000    
Costs for transition services           $ 500 $ 500    
Management fee rate (percent)           1.50% 1.50%    
Incentive compensation percentage           25.00% 25.00%    
Interest rate for incentive compensation           10.00% 10.00%    
Loans Receivable | Senior Loans                  
Related Party Transaction [Line Items]                  
Interest rate                 10.50%
Face amount of debt           $ 105,800 $ 105,800    
Loans Receivable | Senior Subordinated Loans                  
Related Party Transaction [Line Items]                  
Interest rate                 16.00%
Face amount of debt           $ 58,500 $ 58,500