FAIR VALUE MEASUREMENTS - Schedule of Assets Measured at Fair Value on a Recurring Basis Using Level 3 Inputs (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Unrealized losses on other real estate related investments, net	$ (2,151)	$ 0	$ (2,605)	$ 0
Investments in Real Estate Secured Loans
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Balance at beginning of period			117,684
Loan originations			28,243
Accrued interest, net			(21)
Unrealized losses on other real estate related investments, net			(1,714)
Repayments			0
Balance at end of period	144,192		144,192
Investments in Mezzanine Loans
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Balance at beginning of period			38,684
Loan originations			0
Accrued interest, net			(163)
Unrealized losses on other real estate related investments, net			(891)
Repayments			(15,000)
Balance at end of period	$ 22,630		$ 22,630