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EARNINGS PER SHARE - Schedule of Calculation of Basic and Diluted EPS (Details) - USD ($)
$ / shares in Units, $ in Thousands
3 Months Ended 8 Months Ended 9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2014
Sep. 30, 2015
Sep. 30, 2014
Numerator:          
Net income attributable to Class A common shareholders $ 3,313 $ 14,656   $ 46,698 $ 39,813
Denominator:          
Weighted average number of shares of Class A common stock outstanding 52,922,487 49,394,399 49,101,904 51,091,977 49,101,904
Basic net income per share of Class A common stock (in dollars per share) $ 0.06 $ 0.30   $ 0.91 $ 0.81
Numerator:          
Net income attributable to Class A common shareholders $ 3,313 $ 14,656   $ 46,698 $ 39,813
Denominator:          
Weighted average number of shares of Class A common stock outstanding 52,922,487 49,394,399 49,101,904 51,091,977 49,101,904
Add - dilutive effect of:          
Diluted weighted average number of shares of Class A common stock outstanding 53,348,858 97,918,235 97,750,385 51,388,851 97,750,385
Diluted net income per share of Class A common stock (in dollars per share) $ 0.06 $ 0.28   $ 0.91 $ 0.74
Class A common stock          
Numerator:          
Net income attributable to Class A common shareholders $ 3,313 $ 14,656 $ 39,813 $ 46,698 $ 39,813
Denominator:          
Weighted average number of shares of Class A common stock outstanding 52,922,487 49,394,399 49,101,904 51,091,977  
Basic net income per share of Class A common stock (in dollars per share) $ 0.06 $ 0.30 $ 0.81 $ 0.91  
Numerator:          
Net income attributable to Class A common shareholders $ 3,313 $ 14,656 $ 39,813 $ 46,698 $ 39,813
Add (deduct) - dilutive effect of:          
Amounts attributable to operating partnership’s share of Ladder Capital Corp net income (loss) 0 22,827 59,086 0  
Additional corporate tax (expense) benefit 0 (10,050) (26,200) 0  
Diluted Net income available for Class A common shareholders $ 3,313 $ 27,433 $ 72,699 $ 46,698  
Denominator:          
Weighted average number of shares of Class A common stock outstanding 52,922,487 49,394,399 49,101,904 51,091,977  
Add - dilutive effect of:          
Shares issuable relating to converted Class B common shareholders 0 48,046,807 48,341,572 0  
Incremental shares of unvested Class A restricted stock 426,371 477,029 306,909 296,874  
Diluted weighted average number of shares of Class A common stock outstanding 53,348,858 97,918,235 97,750,385 51,388,851  
Diluted net income per share of Class A common stock (in dollars per share) $ 0.06 $ 0.28 $ 0.74 $ 0.91