FAIR VALUE MEASUREMENTS - Schedule of Assets Measured at Fair Value on a Recurring Basis Using Level 3 Inputs (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2025	Dec. 31, 2024	Dec. 31, 2023
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Unrealized gain, net	$ 15,831	$ 9,045	$ (6,485)
Investments in Real Estate Secured Loans | Level 3
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Balance as of December 31, 2024	660,392
Originations	99,815
Accrued interest, net	447
Unrealized gain, net	14,721
Payments	(38,901)
Balance as of December 31, 2025	736,474	660,392
Investments in Mezzanine Loans | Level 3
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Balance as of December 31, 2024	80,612
Originations	9,690
Accrued interest, net	(285)
Unrealized gain, net	1,459
Payments	(35,000)
Balance as of December 31, 2025	56,476	80,612
Investment in Financing Receivable | Level 3
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Balance as of December 31, 2024	96,004
Originations	0
Accrued interest, net	632
Unrealized gain, net	0
Payments	(4,443)
Balance as of December 31, 2025	$ 92,193	$ 96,004