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, 2025	Jun. 30, 2024	Jun. 30, 2025	Jun. 30, 2024
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Unrealized gain, net	$ 1,968	$ (1,877)	$ 3,255	$ (2,489)
Investments in Real Estate Secured Loans
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Balance at beginning of period			660,392
Originations			15,100
Accrued interest, net			(75)
Unrealized gain, net			2,646
Payments			(9,302)
Balance at ending of period	668,761		668,761
Investments in Mezzanine Loans
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Balance at beginning of period			80,612
Originations			6,389
Accrued interest, net			73
Unrealized gain, net			609
Payments			0
Balance at ending of period	87,683		87,683
Investment in Financing Receivable
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Balance at beginning of period			96,004
Originations			0
Accrued interest, net			1,326
Unrealized gain, net			0
Payments			0
Balance at ending of period	$ 97,330		$ 97,330