BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Narrative (Details) - USD ($)	1 Months Ended			12 Months Ended
	Feb. 29, 2020	Aug. 31, 2019	Jul. 31, 2019	Dec. 31, 2023	Dec. 31, 2022
Cash and Cash Equivalents [Line Items]
Goodwill impairment loss				$ 0	$ 0
Intangible asset impairment				$ 0
Incentive income equal to percentage of profits, net of management fees				20.00%
Single Family
Cash and Cash Equivalents [Line Items]
Property acquired, useful life				40 years
Land, Buildings and Improvements
Cash and Cash Equivalents [Line Items]
Property acquired, useful life				15 years
7.50% Series A Preferred Stock
Cash and Cash Equivalents [Line Items]
Interest rate			7.50%	7.50%
7.125% Series B Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock
Cash and Cash Equivalents [Line Items]
Interest rate		7.125%		7.125%
6.375% Series C Preferred Stock
Cash and Cash Equivalents [Line Items]
Interest rate	6.375%			6.375%