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LOANS HELD-FOR-INVESTMENT - Allowance for Financing Receivable (Details) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended 12 Months Ended
Sep. 30, 2024
Jun. 30, 2024
Mar. 31, 2024
Sep. 30, 2023
Jun. 30, 2023
Mar. 31, 2023
Sep. 30, 2024
Dec. 31, 2023
Financing Receivable, Allowance for Credit Loss [Roll Forward]                
Beginning Balance, Net Book Value     $ 4,264,465       $ 4,264,465  
Provision for (reversal of) credit losses             246,533  
Charge-offs of CECL $ (2,860) $ (480) (1,649)       (4,989)  
Ending Balance, Net Book Value 3,468,361           3,468,361 $ 4,264,465
Gross Credit Losses                
Financing Receivable, Allowance for Credit Loss [Roll Forward]                
Beginning Balance, Net Book Value 420,761 208,871 143,158 $ 72,315 $ 46,130 $ 44,677 143,158 44,677
Provision for (reversal of) credit losses (22,614) 212,370 67,362 47,923 26,185 1,453    
Ending Balance, Net Book Value 395,287 420,761 208,871 120,238 72,315 46,130 395,287 143,158
First Mortgage Loans                
Financing Receivable, Allowance for Credit Loss [Roll Forward]                
Charge-offs of CECL 0 0 0          
First Mortgage Loans | Gross Credit Losses                
Financing Receivable, Allowance for Credit Loss [Roll Forward]                
Beginning Balance, Net Book Value 398,289 186,804 109,240 44,769 22,301 20,352 109,240 20,352
Provision for (reversal of) credit losses (24,304) 211,485 77,564 45,651 22,468 1,949    
Ending Balance, Net Book Value 373,985 398,289 186,804 90,420 44,769 22,301 373,985 109,240
Unfunded First Mortgage Loans                
Financing Receivable, Allowance for Credit Loss [Roll Forward]                
Charge-offs of CECL 0 0 0          
Unfunded First Mortgage Loans | Gross Credit Losses                
Financing Receivable, Allowance for Credit Loss [Roll Forward]                
Beginning Balance, Net Book Value 10,606 3,409 10,062 4,168 2,028 1,890 10,062 1,890
Provision for (reversal of) credit losses 5,029 7,197 (6,653) 5,030 2,140 138    
Ending Balance, Net Book Value 15,635 10,606 3,409 9,198 4,168 2,028 15,635 10,062
Liquid Corporate Senior Loans                
Financing Receivable, Allowance for Credit Loss [Roll Forward]                
Beginning Balance, Net Book Value     518,252       518,252  
Provision for (reversal of) credit losses             (18,721)  
Charge-offs of CECL (2,860) (480) (1,649)       (4,989)  
Ending Balance, Net Book Value 51,083           51,083 518,252
Liquid Corporate Senior Loans | Gross Credit Losses                
Financing Receivable, Allowance for Credit Loss [Roll Forward]                
Beginning Balance, Net Book Value 7,927 14,370 19,738 20,832 20,281 21,195 19,738 21,195
Provision for (reversal of) credit losses (4,050) (5,963) (3,719) (2,841) 551 (914)    
Ending Balance, Net Book Value 1,017 7,927 14,370 17,991 20,832 20,281 1,017 19,738
Unfunded or Unsettled Liquid Senior Loans                
Financing Receivable, Allowance for Credit Loss [Roll Forward]                
Charge-offs of CECL 0 0 0          
Unfunded or Unsettled Liquid Senior Loans | Gross Credit Losses                
Financing Receivable, Allowance for Credit Loss [Roll Forward]                
Beginning Balance, Net Book Value 1 2 3 259 256 377 3 377
Provision for (reversal of) credit losses (1) (1) (1) (259) 3 (121)    
Ending Balance, Net Book Value 0 1 2 0 259 256 0 3
Corporate Senior Loans                
Financing Receivable, Allowance for Credit Loss [Roll Forward]                
Beginning Balance, Net Book Value     207,102       207,102  
Provision for (reversal of) credit losses             509  
Charge-offs of CECL 0 0 0       0  
Ending Balance, Net Book Value 229,788           229,788 207,102
Corporate Senior Loans | Gross Credit Losses                
Financing Receivable, Allowance for Credit Loss [Roll Forward]                
Beginning Balance, Net Book Value 3,534 3,869 3,620 1,961 1,197 797 3,620 797
Provision for (reversal of) credit losses 595 (335) 249 338 764 400    
Ending Balance, Net Book Value 4,129 3,534 3,869 2,299 1,961 1,197 4,129 3,620
Unfunded Corporate Senior Loans                
Financing Receivable, Allowance for Credit Loss [Roll Forward]                
Charge-offs of CECL 0 0 0          
Unfunded Corporate Senior Loans | Gross Credit Losses                
Financing Receivable, Allowance for Credit Loss [Roll Forward]                
Beginning Balance, Net Book Value 404 417 495 326 67 66 495 66
Provision for (reversal of) credit losses 117 (13) (78) 4 259 1    
Ending Balance, Net Book Value $ 521 $ 404 $ 417 $ 330 $ 326 $ 67 $ 521 $ 495