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RESTRUCTURING CHARGES
6 Months Ended
Jun. 30, 2022
Restructuring Charges [Abstract]  
RESTRUCTURING CHARGES RESTRUCTURING CHARGESIn connection with the Internalization and the termination of the Management Agreement, the Company agreed to pay its Former Manager $400.0 million (subject to certain adjustments), with $200.0 million paid on June 17, 2022, $100.0 million payable on September 15, 2022 and $100.0 million payable on December 15, 2022 (less an agreed amount payable by the Former Manager to the Company related to the pre-Internalization portion of certain annual bonuses for 2022). See Notes 1, 22 and 23 for additional discussion. The restructuring charge paid to the Former Manager is reflected in Termination Fee to Affiliate expense in the Consolidated Statements of Income for the three and six months ended June 30, 2022 with a corresponding liability reflected in Accrued Expenses and Other Liabilities on the Consolidated Balance Sheets as of June 30, 2022. There were no restructuring charges recorded for the three and six months ended June 30, 2021.