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MORTGAGE LOAN RECEIVABLES - Activity in Loan Portfolio (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Mortgage loan receivables held for investment, net, at amortized cost:      
Mortgage loans receivable, beginning balance $ 3,892,382 $ 3,521,985 $ 2,343,070
Origination of mortgage loan receivables 68,415 1,296,083 2,530,247
Repayment of mortgage loan receivables (726,710) (901,150) (1,059,979)
Proceeds from sales of mortgage loan receivables   (29,151) (305,649)
Non-cash disposition of loan via foreclosure (91,408) (10,235) (81,289)
Net result from mortgage loan receivables held for sale (523) (2,511) 8,398
Accretion/amortization of discount, premium and other fees 19,046 20,759 13,832
Charge offs 2,700    
Mortgage loans receivable, ending balance 3,138,792 3,892,382 3,521,985
Allowance for credit losses      
Beginning balance, Allowance for credit losses (20,755) (31,752) (41,507)
Charge-offs 2,700 14,395 0
Release of provision for current expected credit loss, net (25,096) (3,711) 8,713
Ending balance, Allowance for credit losses (43,165) (20,755) (31,752)
Total mortgage loans receivable      
Mortgage loan receivables held for investment, net, at amortized cost:      
Mortgage loans receivable, ending balance 3,155,089    
Total mortgage loan receivables held for investment, net, at amortized cost      
Mortgage loan receivables held for investment, net, at amortized cost:      
Mortgage loans receivable, beginning balance 3,885,746 3,553,737 2,354,059
Origination of mortgage loan receivables 68,415 1,234,765 2,309,888
Purchases of mortgage loan receivables     63,600
Repayment of mortgage loan receivables (726,710) (901,082) (1,059,796)
Proceeds from sales of mortgage loan receivables   0 (46,557)
Non-cash disposition of loan via foreclosure (91,408) (10,235) (81,289)
Net result from mortgage loan receivables held for sale 0 2,197  
Accretion/amortization of discount, premium and other fees 19,046 20,759 13,832
Charge offs 0 (14,395)  
Mortgage loans receivable, ending balance 3,155,089 3,885,746 3,553,737
Allowance for credit losses      
Beginning balance, Allowance for credit losses (20,755) (31,752) (41,507)
Charge-offs 2,700 14,395  
Release of asset-specific loan loss provision via foreclosure     1,150
Release of provision for current expected credit loss, net (25,110) (3,398) 8,605
Ending balance, Allowance for credit losses (43,165) (20,755) (31,752)
Repayments in transit of securities (other assets) 11,800    
Mortgage loan  receivables held for sale      
Mortgage loan receivables held for investment, net, at amortized cost:      
Mortgage loans receivable, beginning balance 27,391 0 30,518
Origination of mortgage loan receivables 0 61,318 220,359
Repayment of mortgage loan receivables 0 (68) (183)
Proceeds from sales of mortgage loan receivables   (29,151) (259,092)
Net result from mortgage loan receivables held for sale (523) (4,708) 8,398
Accretion/amortization of discount, premium and other fees 0 0  
Charge offs 0 0  
Mortgage loans receivable, ending balance $ 26,868 $ 27,391 $ 0