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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 9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
Denominator:        
Weighted average number of shares of Class A common stock outstanding (in shares) 106,004,152 96,935,986 105,264,752 96,317,513
Basic net income (loss) per share of Class A common stock (in dollars per share) $ 0.26 $ 0.69 $ 0.78 $ 1.62
Denominator:        
Weighted average number of shares of Class A common stock outstanding (in shares) 106,004,152 96,935,986 105,264,752 96,317,513
Diluted weighted average number of shares of Class A common stock outstanding (in shares) 106,603,713 110,650,253 106,232,581 110,482,991
Diluted net income (loss) per share of Class A common stock (in dollars per share) $ 0.26 $ 0.67 $ 0.77 $ 1.61
Class A Common Stock        
Numerator:        
Net income (loss) attributable to Class A common shareholders $ 27,576 $ 66,630 $ 81,996 $ 155,911
Denominator:        
Weighted average number of shares of Class A common stock outstanding (in shares) 106,004,152 96,935,986 105,264,752 96,317,513
Basic net income (loss) per share of Class A common stock (in dollars per share) $ 0.26 $ 0.69 $ 0.78 $ 1.62
Numerator:        
Net income (loss) attributable to Class A common shareholders $ 27,576 $ 66,630 $ 81,996 $ 155,911
Amounts attributable to operating partnership’s share of Ladder Capital Corp net income (loss) 0 8,991 0 22,786
Additional corporate tax (expense) benefit 0 (1,583) 0 (822)
Diluted net income (loss) attributable to Class A common shareholders $ 27,576 $ 74,038 $ 81,996 $ 177,875
Denominator:        
Weighted average number of shares of Class A common stock outstanding (in shares) 106,004,152 96,935,986 105,264,752 96,317,513
Shares issuable relating to converted Class B common shareholders (in shares) 0 13,202,202 0 13,800,597
Incremental shares of unvested Class A restricted stock (in shares) 599,561 512,065 967,829 364,881
Diluted weighted average number of shares of Class A common stock outstanding (in shares) 106,603,713 110,650,253 106,232,581 110,482,991
Diluted net income (loss) per share of Class A common stock (in dollars per share) $ 0.26 $ 0.67 $ 0.77 $ 1.61