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MORTGAGE LOAN RECEIVABLES - Additional Information (Details)
3 Months Ended 9 Months Ended
Sep. 30, 2017
USD ($)
loan
Jun. 29, 2017
USD ($)
loan
Sep. 30, 2017
USD ($)
loan
Sep. 30, 2016
USD ($)
Sep. 30, 2017
USD ($)
loan
Sep. 30, 2016
USD ($)
loan
Dec. 31, 2016
USD ($)
loan
Mortgage Loans on Real Estate [Line Items]              
Proceeds from sales of mortgage loan receivables   $ 625,700,000          
Outstanding Face Amount $ 3,989,046,000   $ 3,989,046,000   $ 3,989,046,000   $ 2,371,827,000
Risk retention requirement, amount   $ 12,900,000          
Risk retention requirement, percentage   2.00%          
Sold, horizontal interest percentage   3.00%          
Controlling classes, percentage   98.00%          
Purchase, not recognized for accounting purposes   $ 62,700,000          
Interest income     72,763,000 $ 60,284,000 196,410,000 $ 175,650,000  
Liability for transfers not considered sales 631,480,000   631,480,000   631,480,000   0
Proceeds from sales of real estate securities         983,386,000 308,429,000  
Interest expense     42,607,000 $ 30,685,000 109,625,000 $ 88,622,000  
Unamortized discounts included in mortgage loan receivables held for investment, at amortized cost $ 2,300,000   $ 2,300,000   $ 2,300,000   $ 600,000
Number of mortgage loans impaired | loan 0   0   0   0
Accrued and unpaid interest receivable $ 26,426,000   $ 26,426,000   $ 26,426,000   $ 24,439,000
First mortgage loan, held for investment              
Mortgage Loans on Real Estate [Line Items]              
Number of loans | loan 34 34          
Outstanding Face Amount $ 2,703,936,000 $ 549,000,000.0 2,703,936,000   2,703,936,000   1,843,006,000
Carrying Value 546,700,000 $ 547,700,000 546,700,000   546,700,000    
Carrying value 2,688,845,000   2,688,845,000   2,688,845,000   1,832,626,000
Non-Controlling loan interest              
Mortgage Loans on Real Estate [Line Items]              
Number of loans | loan   1          
Outstanding Face Amount   $ 52,300,000          
Carrying Value   51,800,000          
Liability for transfers not considered sales   $ 52,100,000          
Intercompany Loans Held-For-Investment              
Mortgage Loans on Real Estate [Line Items]              
Number of loans | loan   23          
Outstanding Face Amount   $ 76,700,000          
Mortgage loans transferred but not considered sold              
Mortgage Loans on Real Estate [Line Items]              
Outstanding Face Amount 600,222,000   600,222,000   600,222,000   0
Carrying Value 598,525,000   598,525,000   598,525,000    
Carrying value 598,525,000   598,525,000   598,525,000   0
Interest income     7,200,000   7,300,000    
Liability for transfers not considered sales   580,000,000.0          
Proceeds from sales of real estate securities   655,600,000          
Purchase, not reflected in consolidated financial statement   $ 75,600,000          
Interest expense     6,200,000   6,300,000    
Loans receivable with fixed rates of interest 598,500,000   598,500,000   598,500,000    
Mortgage loan receivables held for investment, net, at amortized cost              
Mortgage Loans on Real Estate [Line Items]              
Outstanding Face Amount 3,462,961,000   3,462,961,000   3,462,961,000   2,011,309,000
Carrying value 3,445,465,000   3,445,465,000   3,445,465,000   2,000,095,000
Loans receivable with fixed rates of interest $ 1,200,000,000   $ 1,200,000,000   $ 1,200,000,000   $ 205,400,000
Percentage of loans receivable with fixed rates of interest 34.70%   34.70%   34.70%   10.30%
Loans receivable with variable rates of interest $ 2,200,000,000   $ 2,200,000,000   $ 2,200,000,000   $ 1,800,000,000
Loans receivable with variable rates of interest, percentage 65.30%   65.30%   65.30%   89.70%
Number or loans in default | loan         2 2  
Loans in default, carrying value $ 26,900,000   $ 26,900,000   $ 26,900,000    
Impairment recorded on defaulted loans         0    
Accrued and unpaid interest receivable 4,800,000   4,800,000   4,800,000   $ 3,500,000
Default interest included in accrued and unpaid interest receivable 3,500,000   3,500,000   3,500,000   2,200,000
Mortgage loan receivables held for sale              
Mortgage Loans on Real Estate [Line Items]              
Outstanding Face Amount 526,085,000   526,085,000   526,085,000   360,518,000
Loans receivable with fixed rates of interest $ 523,000,000.0   $ 523,000,000.0   $ 523,000,000.0   $ 360,500,000
Percentage of loans receivable with fixed rates of interest 100.00%   100.00%   100.00%   100.00%
Loan on non-accrual status              
Mortgage Loans on Real Estate [Line Items]              
Loans nonaccrual status, amount $ 0   $ 0   $ 0   $ 0