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MORTGAGE LOANS RECEIVABLE - Schedule of Activity for Mortgage Loans Receivable (Details) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Financing Receivable [Roll Forward]    
Beginning balance $ 429,550  
Paydowns and payoffs (37,670)  
Transfer of loans to REO (8,841) $ (14,662)
Ending balance 394,091  
Mortgage Loans Receivable    
Financing Receivable [Roll Forward]    
Ending balance 2,541,369  
Mortgage Loans Receivable | Consolidated Entity, Excluding Consolidated VIE    
Financing Receivable [Roll Forward]    
Beginning balance 1,879,319  
Initial loan advances 931,574  
Construction holdbacks and draws 392,874  
Paydowns and payoffs (798,720)  
Fair value adjustments 17,418  
Purchased loans discount amortization 871  
Transfer of loans to REO (4,311)  
Transfers from (to) assets of consolidated CFEs (369,759)  
Ending balance $ 2,049,266