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MORTGAGE LOANS RECEIVABLE - Summary of Mortgage Loans Receivable By Purpose (Details)
$ in Thousands
12 Months Ended
Dec. 31, 2022
USD ($)
loan
Dec. 31, 2021
USD ($)
loan
Dec. 31, 2020
USD ($)
Accounts, Notes, Loans and Financing Receivable [Line Items]      
Carrying Value $ 94,401 $ 290,180 $ 52,389
Mortgage Loans Receivable      
Accounts, Notes, Loans and Financing Receivable [Line Items]      
Carrying Value $ 2,064,028 $ 1,515,762 $ 0
% of Portfolio 100.00% 100.00%  
Loan Count | loan 1,677 1,464  
% of Portfolio 100.00% 100.00%  
Weighted Average Yield 8.20% 8.10%  
Weighted Average Original Life (Months) 16 months 15 days 15 months 8 days  
Mortgage Loans Receivable | Construction      
Accounts, Notes, Loans and Financing Receivable [Line Items]      
Carrying Value $ 965,495 $ 610,446  
% of Portfolio 46.80% 40.30%  
Loan Count | loan 622 486  
% of Portfolio 37.10% 33.20%  
Weighted Average Yield 8.30% 8.30%  
Weighted Average Original Life (Months) 15 months 16 months  
Weighted Average Committed Loan Balance to Value, LTC 76.80% 75.60%  
Weighted Average Committed Loan Balance to Value, LTARV 65.60% 65.00%  
Mortgage Loans Receivable | Bridge      
Accounts, Notes, Loans and Financing Receivable [Line Items]      
Carrying Value $ 838,539 $ 716,764  
% of Portfolio 40.60% 47.30%  
Loan Count | loan 701 632  
% of Portfolio 41.80% 43.20%  
Weighted Average Yield 8.10% 7.80%  
Weighted Average Original Life (Months) 20 months 4 days 15 months 15 days  
Weighted Average Committed Loan Balance to Value 75.30% 7380.00%  
Mortgage Loans Receivable | Renovation      
Accounts, Notes, Loans and Financing Receivable [Line Items]      
Carrying Value $ 259,994 $ 188,552  
% of Portfolio 12.60% 12.40%  
Loan Count | loan 354 346  
% of Portfolio 21.10% 23.60%  
Weighted Average Yield 8.30% 8.10%  
Weighted Average Original Life (Months) 13 months 13 months 13 days  
Weighted Average Committed Loan Balance to Value, LTC 78.00% 78.50%  
Weighted Average Committed Loan Balance to Value, LTARV 66.10% 78.50%