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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 6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2018
Jun. 30, 2017
Denominator:        
Weighted average number of shares of Class A common stock outstanding (in shares) 96,810,266 80,108,431 96,003,151 76,510,201
Basic net income (loss) per share of Class A common stock (in dollars per share) $ 0.40 $ 0.28 $ 0.93 $ 0.47
Denominator:        
Weighted average number of shares of Class A common stock outstanding (in shares) 96,810,266 80,108,431 96,003,151 76,510,201
Diluted weighted average number of shares of Class A common stock outstanding (in shares) 97,165,899 110,055,308 96,276,824 109,693,706
Diluted net income per share of Class A common stock (in dollars per share) $ 0.40 $ 0.26 $ 0.93 $ 0.45
Class A Common Stock        
Numerator:        
Net income (loss) attributable to Class A common shareholders $ 38,406 $ 22,113 $ 89,281 $ 35,584
Denominator:        
Weighted average number of shares of Class A common stock outstanding (in shares) 96,810,266 80,108,431 96,003,151 76,510,201
Basic net income (loss) per share of Class A common stock (in dollars per share) $ 0.40 $ 0.28 $ 0.93 $ 0.47
Numerator:        
Net income (loss) attributable to Class A common shareholders $ 38,406 $ 22,113 $ 89,281 $ 35,584
Amounts attributable to operating partnership’s share of Ladder Capital Corp net income (loss) 0 8,868 0 14,706
Additional corporate tax (expense) benefit 0 (2,014) 0 (1,286)
Diluted Net income (loss) available for Class A common shareholders $ 38,406 $ 28,967 $ 89,281 $ 49,004
Denominator:        
Weighted average number of shares of Class A common stock outstanding (in shares) 96,810,266 80,108,431 96,003,151 76,510,201
Shares issuable relating to converted Class B common shareholders (in shares) 0 29,723,350 0 33,013,753
Incremental shares of unvested Class A restricted stock (in shares) 355,633 223,527 273,673 169,752
Diluted weighted average number of shares of Class A common stock outstanding (in shares) 97,165,899 110,055,308 96,276,824 109,693,706
Diluted net income per share of Class A common stock (in dollars per share) $ 0.40 $ 0.26 $ 0.93 $ 0.45