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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, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Unrealized loss on other real estate related investments, net $ (1,877) $ (2,151) $ (2,489) $ (2,605)
Investments in Real Estate Secured Loans        
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Balance at beginning of period     156,769  
Loan originations     192,675  
Accrued interest, net     1,147  
Unrealized loss on other real estate related investments, net     (2,039)  
Balance at end of period 348,552   348,552  
Investments in Mezzanine Loans        
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Balance at beginning of period     21,799  
Loan originations     52,165  
Accrued interest, net     585  
Unrealized loss on other real estate related investments, net     (450)  
Balance at end of period $ 74,099   $ 74,099