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		9 Months Ended
	Sep. 30, 2025	Sep. 30, 2024	Sep. 30, 2025	Sep. 30, 2024
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Unrealized gain, net	$ 3,603	$ 1,800	$ 6,858	$ (689)
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			20,065
Accrued interest, net			(40)
Unrealized gain, net			6,447
Payments			(9,302)
Balance at ending of period	677,562		677,562
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			74
Unrealized gain, net			814
Payments			0
Balance at ending of period	87,889		87,889
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			2,050
Unrealized gain, net			0
Payments			0
Balance at ending of period	$ 98,054		$ 98,054