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EARNINGS PER SHARE - Schedule of Calculation of Basic and Diluted EPS (Details) - USD ($)
$ / shares in Units, $ in Thousands
3 Months Ended 12 Months Ended
Dec. 31, 2020
Sep. 30, 2020
Jun. 30, 2020
Mar. 31, 2020
Dec. 31, 2019
Sep. 30, 2019
Jun. 30, 2019
Mar. 31, 2019
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Denominator:                      
Weighted average number of shares of Class A common stock outstanding (in shares)                 112,409,615 105,455,849 97,226,027
Basic net income (loss) per share of Class A common stock (in dollars per share) $ (0.10) $ 0.15 $ (0.04) $ (0.15) $ 0.38 $ 0.26 $ 0.31 $ 0.21 $ (0.13) $ 1.16 $ 1.85
Denominator:                      
Weighted average number of shares of Class A common stock outstanding (in shares)                 112,409,615 105,455,849 97,226,027
Diluted weighted average number of shares of Class A common stock outstanding (in shares)                 112,409,615 106,399,783 97,652,065
Diluted net income (loss) per share of Class A common stock (in dollars per share) $ (0.10) $ 0.14 $ (0.04) $ (0.15) $ 0.37 $ 0.26 $ 0.30 $ 0.21 $ (0.13) $ 1.15 $ 1.84
Class A Common Stock                      
Numerator:                      
Net income (loss) attributable to Class A common shareholders $ (11,714) $ 17,188 $ (4,189) $ (15,728) $ 40,650 $ 27,577 $ 32,242 $ 22,175 $ (14,445) $ 122,645 $ 180,015
Denominator:                      
Weighted average number of shares of Class A common stock outstanding (in shares)                 112,409,615 105,455,849 97,226,027
Basic net income (loss) per share of Class A common stock (in dollars per share)                 $ (0.13) $ 1.16 $ 1.85
Numerator:                      
Net income (loss) attributable to Class A common shareholders $ (11,714) $ 17,188 $ (4,189) $ (15,728) $ 40,650 $ 27,577 $ 32,242 $ 22,175 $ (14,445) $ 122,645 $ 180,015
Amounts attributable to operating partnership’s share of Ladder Capital Corp net income (loss)                 0 0 0
Additional corporate tax (expense) benefit                 0 0 0
Diluted net income (loss) attributable to Class A common shareholders                 $ (14,445) $ 122,645 $ 180,015
Denominator:                      
Weighted average number of shares of Class A common stock outstanding (in shares)                 112,409,615 105,455,849 97,226,027
Shares issuable relating to converted Class B common shareholders (in shares)                 0 0 0
Diluted weighted average number of shares of Class A common stock outstanding (in shares)                 112,409,615 106,399,783 97,652,065
Diluted net income (loss) per share of Class A common stock (in dollars per share)                 $ (0.13) $ 1.15 $ 1.84
Class A Common Stock | Restricted Stock                      
Denominator:                      
Incremental shares of stock based compensation (in shares)                 0 943,934 426,038
Class A Common Stock | Stock Options                      
Denominator:                      
Incremental shares of stock based compensation (in shares)                 0 0 0