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MORTGAGE LOANS RECEIVABLE (AS RESTATED) - Schedule of Mortgage Loans Receivable Outstanding by Loan Type (Details)
$ in Thousands
3 Months Ended
Mar. 31, 2024
USD ($)
loan
Dec. 31, 2023
USD ($)
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Carrying Value $ 392,974 $ 429,550
Mortgage loans receivable    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Carrying Value $ 2,384,744  
% of Portfolio 100.00%  
Loan Count | loan 1,397  
% of Portfolio 100.00%  
Weighted Average Yield 10.40%  
Weighted Average Original Life (Months) 20 years 6 months  
Mortgage loans receivable | Consolidated Entity, Excluding Consolidated VIE    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Carrying Value $ 2,042,913 $ 1,879,319
Mortgage loans receivable | Variable Interest Entity, Primary Beneficiary    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Carrying Value 341,831  
Mortgage loans receivable | Construction    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Carrying Value $ 1,047,688  
% of Portfolio 43.90%  
Loan Count | loan 365  
% of Portfolio 26.10%  
Weighted Average Yield 10.90%  
Weighted Average Original Life (Months) 16 years 9 months 18 days  
Weighted Average Committed Loan Balance to Value, LTC 73.40%  
Weighted Average Committed Loan Balance to Value, LTARV 62.30%  
Mortgage loans receivable | Construction | Consolidated Entity, Excluding Consolidated VIE    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Carrying Value $ 882,159  
Mortgage loans receivable | Construction | Variable Interest Entity, Primary Beneficiary    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Carrying Value 165,529  
Mortgage loans receivable | Bridge    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Carrying Value $ 1,037,056  
% of Portfolio 43.50%  
Loan Count | loan 638  
% of Portfolio 45.70%  
Weighted Average Yield 9.90%  
Weighted Average Original Life (Months) 27 years 2 months 12 days  
Weighted Average Committed Loan Balance to Value 68.10%  
Mortgage loans receivable | Bridge | Consolidated Entity, Excluding Consolidated VIE    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Carrying Value $ 890,610  
Mortgage loans receivable | Bridge | Variable Interest Entity, Primary Beneficiary    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Carrying Value 146,446  
Mortgage loans receivable | Renovation    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Carrying Value $ 300,000  
% of Portfolio 12.60%  
Loan Count | loan 394  
% of Portfolio 28.20%  
Weighted Average Yield 10.30%  
Weighted Average Original Life (Months) 12 years 7 months 6 days  
Weighted Average Committed Loan Balance to Value, LTC 81.20%  
Weighted Average Committed Loan Balance to Value, LTARV 68.40%  
Mortgage loans receivable | Renovation | Consolidated Entity, Excluding Consolidated VIE    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Carrying Value $ 270,144  
Mortgage loans receivable | Renovation | Variable Interest Entity, Primary Beneficiary    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Carrying Value $ 29,856