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INVESTMENT IN UNCONSOLIDATED JOINT VENTURES - Summary of Allocated Earning from Investment in Unconsolidated Joint Ventures (Details) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2017
Sep. 30, 2016
Schedule of Equity Method Investments [Line Items]        
Earnings (loss) from investment in unconsolidated joint ventures $ 127 $ (141) $ 64 $ 485
Ladder Capital Realty Income Partnership I LP        
Schedule of Equity Method Investments [Line Items]        
Earnings (loss) from investment in unconsolidated joint ventures 0 0 0 892
Grace Lake JV, LLC        
Schedule of Equity Method Investments [Line Items]        
Earnings (loss) from investment in unconsolidated joint ventures 387 230 895 690
24 Second Avenue Holdings LLC        
Schedule of Equity Method Investments [Line Items]        
Earnings (loss) from investment in unconsolidated joint ventures $ (260) $ (371) $ (831) $ (1,097)