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REAL ESTATE AND RELATED LEASE INTANGIBLES, NET - Schedule of Real Estate Properties Acquired (Details)
1 Months Ended 12 Months Ended
Dec. 31, 2023
USD ($)
loans
property
Nov. 30, 2023
USD ($)
Sep. 30, 2023
USD ($)
property
Nov. 30, 2022
USD ($)
Dec. 31, 2021
USD ($)
Feb. 28, 2021
USD ($)
Dec. 31, 2023
USD ($)
loans
property
Dec. 31, 2022
USD ($)
Dec. 31, 2021
USD ($)
Feb. 28, 2022
USD ($)
security
Aug. 31, 2021
USD ($)
Business Acquisition [Line Items]                      
Purchase Price/Fair Value on the Date of Foreclosure         $ 102,202,000       $ 102,202,000    
Total real estate acquisitions             $ 87,526,000 $ 24,822,000      
Realized (gain) loss on disposition of loan             0 0 (26,000)    
Provision for (release of) loan loss reserves, net             $ 25,096,000 $ 3,711,000 (8,713,000)    
Net earnings (loss)                 0    
New York, NY                      
Business Acquisition [Line Items]                      
Number of properties acquired | property 1           1        
New York, NY | Mixed Use                      
Business Acquisition [Line Items]                      
Purchase Price/Fair Value on the Date of Foreclosure     $ 30,400,000                
Ownership Interest     100.00%                
New York, NY | Multifamily                      
Business Acquisition [Line Items]                      
Purchase Price/Fair Value on the Date of Foreclosure     $ 30,400,000                
Number of properties acquired | property     4                
Terminal capitalization rate     5.50%                
New York, NY | Multifamily | Real Estate Acquired in Satisfaction of Debt                      
Business Acquisition [Line Items]                      
Realized (gain) loss on disposition of loan     $ 0                
New York, NY | Retail                      
Business Acquisition [Line Items]                      
Purchase Price/Fair Value on the Date of Foreclosure $ 22,647,000           $ 22,647,000        
Ownership Interest 100.00%           100.00%        
Terminal capitalization rate 5.25%                    
Number of mortgage loans receivable | loans 2           2        
New York, NY | Retail | Real Estate Acquired in Satisfaction of Debt                      
Business Acquisition [Line Items]                      
Realized (gain) loss on disposition of loan $ 0                    
New York, NY | Apartments                      
Business Acquisition [Line Items]                      
Purchase Price/Fair Value on the Date of Foreclosure                   $ 15,436,000  
Ownership Interest                   100.00%  
New York, NY | Condos                      
Business Acquisition [Line Items]                      
Purchase Price/Fair Value on the Date of Foreclosure                   $ 15,400,000  
New York, NY | Condos | Measurement Input, Cap Rate                      
Business Acquisition [Line Items]                      
Measurement input                   0.055  
New York, NY | Condos, Residential                      
Business Acquisition [Line Items]                      
Type of real estate unit acquired via foreclosure | security                   1  
New York, NY | Condos, Retail                      
Business Acquisition [Line Items]                      
Type of real estate unit acquired via foreclosure | security                   1  
Pittsburgh, PA | Multifamily                      
Business Acquisition [Line Items]                      
Purchase Price/Fair Value on the Date of Foreclosure   $ 34,479,000                  
Ownership Interest   100.00%                  
Terminal capitalization rate   6.00%                  
Pittsburgh, PA | Multifamily | Real Estate Acquired in Satisfaction of Debt                      
Business Acquisition [Line Items]                      
Realized (gain) loss on disposition of loan   $ 0                  
Miami, FL | Hotel                      
Business Acquisition [Line Items]                      
Purchase Price/Fair Value on the Date of Foreclosure           $ 43,750,000          
Ownership Interest           100.00%          
Realized (gain) loss on disposition of loan           $ (25,800)          
Real estate acquired through foreclosure, net basis           $ 45,100,000          
Provision for (release of) loan loss reserves, net                 1,200,000    
Stillwater, OK | Apartments                      
Business Acquisition [Line Items]                      
Purchase Price/Fair Value on the Date of Foreclosure                     $ 20,452,000
Ownership Interest                     80.00%
Schaumburg, IL | Hotel                      
Business Acquisition [Line Items]                      
Purchase Price/Fair Value on the Date of Foreclosure         $ 38,000,000       $ 38,000,000    
Ownership Interest         100.00%       100.00%    
Terminal capitalization rate                 8.00%    
Real estate acquired through foreclosure, net basis         $ 38,000,000       $ 38,000,000    
Discount rate                 10.00%    
Houston, TX | Office                      
Business Acquisition [Line Items]                      
Purchase Price/Fair Value on the Date of Foreclosure       $ 9,386,000              
Ownership Interest       100.00%              
Terminal capitalization rate       9.50%              
Real estate acquired through foreclosure, net basis       $ 10,300,000              
Real estate acquired through foreclosure, cash received       $ 900,000              
Discount rate       10.50%              
Houston, TX | Hotel | Real Estate Acquired in Satisfaction of Debt                      
Business Acquisition [Line Items]                      
Realized (gain) loss on disposition of loan       $ 0 $ 0