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SECURITIES - Summary of Securities (Details)
$ in Thousands
12 Months Ended
Dec. 31, 2022
USD ($)
security
Dec. 31, 2021
USD ($)
security
Debt Securities, Available-for-sale [Line Items]    
Outstanding Face Amount $ 1,670,439 $ 2,053,585
Amortized Cost Basis 608,439 707,372
Gross Unrealized Gains 144 1,500
Gross Unrealized Losses (21,163) (5,572)
Carrying value, before allowance for credit loss $ 587,420 $ 703,300
Number of Securities | security 106 102
Weighted Average Coupon 2.06% 0.83%
Weighted Average Yield 5.29% 1.67%
Remaining Duration 1 year 25 days 2 years 21 days
Amortized Cost Basis $ 160  
Gross Unrealized Gains 0  
Gross Unrealized Losses (41)  
Carrying Value $ 119  
Number of equity securities | security 1  
Allowance for current expected credit losses $ (20) $ (20)
Total Amortized Cost Basis 608,599 707,372
Total Gross Unrealized Gains 144 1,500
Total real estate securities, Gross Unrealized Losses (21,224) $ (5,592)
Carrying Value $ 587,519  
Total number of Securities | security 107 102
CMBS    
Debt Securities, Available-for-sale [Line Items]    
Outstanding Face Amount $ 562,839 $ 691,402
Amortized Cost Basis 562,246 691,026
Gross Unrealized Gains 0 775
Gross Unrealized Losses (20,913) (5,508)
Carrying value, before allowance for credit loss $ 541,333 $ 686,293
Number of Securities | security 71 73
Weighted Average Coupon 5.22% 1.57%
Weighted Average Yield 5.32% 1.57%
Remaining Duration 1 year 21 days 2 years 21 days
Risk retention requirement, amount $ 9,000 $ 9,900
CMBS interest-only    
Debt Securities, Available-for-sale [Line Items]    
Outstanding Face Amount 1,026,195 1,302,551
Amortized Cost Basis 10,498 15,268
Gross Unrealized Gains 121 617
Gross Unrealized Losses (176) 0
Carrying value, before allowance for credit loss $ 10,443 $ 15,885
Number of Securities | security 10 13
Weighted Average Coupon 0.41% 0.45%
Weighted Average Yield 3.65% 5.67%
Remaining Duration 1 year 5 months 12 days 1 year 10 months 17 days
Risk retention requirement, amount $ 400 $ 500
GNMA interest-only    
Debt Securities, Available-for-sale [Line Items]    
Outstanding Face Amount 45,369 59,075
Amortized Cost Basis 285 518
Gross Unrealized Gains 17 105
Gross Unrealized Losses (21) (64)
Carrying value, before allowance for credit loss $ 281 $ 559
Number of Securities | security 14 14
Weighted Average Coupon 0.31% 0.38%
Weighted Average Yield 4.23% 4.97%
Remaining Duration 3 years 3 months 18 days 3 years 7 months 20 days
Agency securities    
Debt Securities, Available-for-sale [Line Items]    
Outstanding Face Amount $ 36 $ 557
Amortized Cost Basis 36 560
Gross Unrealized Gains 0 3
Gross Unrealized Losses (1) 0
Carrying value, before allowance for credit loss $ 35 $ 563
Number of Securities | security 1 2
Weighted Average Coupon 4.00% 2.47%
Weighted Average Yield 2.70% 1.58%
Remaining Duration 1 year 6 months 14 days 8 months 8 days
U.S. Treasury securities    
Debt Securities, Available-for-sale [Line Items]    
Outstanding Face Amount $ 36,000  
Amortized Cost Basis 35,374  
Gross Unrealized Gains 6  
Gross Unrealized Losses (52)  
Carrying value, before allowance for credit loss $ 35,328  
Number of Securities | security 10  
Weighted Average Yield 4.17%  
Remaining Duration 7 months 6 days