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RELATED-PARTY TRANSACTIONS - Fees and Expense Reimbursements (Details) - Affiliated Entity - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended 12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Sep. 30, 2022
Dec. 31, 2022
Dec. 31, 2021
Asset management fees          
Related Party Transaction [Line Items]          
Related party, amount of transaction       $ 3,570 $ 9,030
Property management fees          
Related Party Transaction [Line Items]          
Related party, amount of transaction       1,747 1,641
Rental and other property income from related party       40  
Onsite management and other cost reimbursement          
Related Party Transaction [Line Items]          
Related party, amount of transaction       2,838 2,687
Rental and other property income from related party       94  
Lease commission          
Related Party Transaction [Line Items]          
Related party, amount of transaction       794 162
Rental and other property income from related party       4  
Construction management fees          
Related Party Transaction [Line Items]          
Related party, amount of transaction       398 226
Rental and other property income from related party       21  
Expense reimbursements to related parties - corporate          
Related Party Transaction [Line Items]          
Related party, amount of transaction $ 1,925 $ 2,050      
Expenses reimbursements to related parties - lending segment          
Related Party Transaction [Line Items]          
Related party, amount of transaction       1,929 1,921
Upfront dealer manager and trailing dealer manager fees          
Related Party Transaction [Line Items]          
Related party, amount of transaction 1,996 690      
Non-issuance specific offering costs          
Related Party Transaction [Line Items]          
Related party, amount of transaction 689 106      
Related party, deferred costs $ 2,300 $ 2,000   2,300 $ 2,000
Investment Management Agreement | CIM Capital, LLC | Series A Preferred Stock          
Related Party Transaction [Line Items]          
Related party, shares issued (in shares)         270,209
Investment Management Agreement | CIM Capital, LLC | Series A1 Preferred Stock          
Related Party Transaction [Line Items]          
Related party, shares issued (in shares)     110,285    
Personnel fees          
Related Party Transaction [Line Items]          
Related party, deferred personnel costs       $ 136 $ 347