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REAL ESTATE AND RELATED LEASE INTANGIBLES, NET - Schedule of Real Estate Properties Acquired (Details)
1 Months Ended 3 Months Ended 12 Months Ended
Nov. 30, 2022
USD ($)
Dec. 31, 2021
USD ($)
Feb. 28, 2021
USD ($)
Dec. 31, 2020
USD ($)
Sep. 30, 2020
USD ($)
Jun. 30, 2020
USD ($)
Mar. 31, 2021
USD ($)
Mar. 31, 2020
USD ($)
Dec. 31, 2022
USD ($)
security
Dec. 31, 2021
USD ($)
Dec. 31, 2020
USD ($)
Feb. 28, 2022
USD ($)
Aug. 31, 2021
USD ($)
Business Acquisition [Line Items]                          
Real estate acquired through foreclosure       $ 29,310,000             $ 29,310,000    
Total real estate acquisitions                 $ 24,822,000 $ 102,202,000 36,750,000    
Realized (gain) loss on disposition of loan                 0 (26,000) 98,000    
Provision for (release of) loan loss reserves, net                 3,711,000 (8,713,000) 18,275,000    
Net earnings (loss)                   0      
Provision for (release of) loan loss reserves, net                 14,395,000   18,275,000    
Realized loss on sale of real estate, net           $ 0     115,998,000 55,766,000 $ 32,102,000    
Hotel                          
Business Acquisition [Line Items]                          
Real estate acquired through foreclosure, net basis           $ 3,800,000              
Net Leased Real Estate                          
Business Acquisition [Line Items]                          
Ownership Interest       100.00%             100.00%    
Total real estate acquisitions                     $ 7,440,000    
New York, NY | Condos                          
Business Acquisition [Line Items]                          
Real estate acquired through foreclosure                 $ 15,400,000        
New York, NY | Condos | Measurement Input, Cap Rate                          
Business Acquisition [Line Items]                          
Measurement input                 0.055        
New York, NY | Condos, Residential                          
Business Acquisition [Line Items]                          
Type of real estate unit acquired via foreclosure | security                 1        
New York, NY | Condos, Retail                          
Business Acquisition [Line Items]                          
Type of real estate unit acquired via foreclosure | security                 1        
Houston, TX | Office                          
Business Acquisition [Line Items]                          
Real estate acquired through foreclosure $ 9,386,000           $ 9,400,000            
Ownership Interest 100.00%                        
Real estate acquired through foreclosure, net basis             10,300,000            
Real estate acquired through foreclosure, cash received $ 900,000                        
Terminal capitalization rate           9.50%              
Discount rate           10.50%              
Houston, TX | Office | Real Estate Acquired in Satisfaction of Debt                          
Business Acquisition [Line Items]                          
Realized (gain) loss on disposition of loan   $ 0                      
Miami, FL | Hotel                          
Business Acquisition [Line Items]                          
Real estate acquired through foreclosure     $ 43,750,000                    
Ownership Interest     100.00%                    
Realized (gain) loss on disposition of loan     $ (25,800)                    
Real estate acquired through foreclosure, net basis     $ 45,100,000                    
Provision for (release of) loan loss reserves, net             $ 1,200,000            
Stillwater, OK | Apartments                          
Business Acquisition [Line Items]                          
Real estate acquired through foreclosure                         $ 20,452,000
Ownership Interest                         80.00%
Schaumberg, IL | Hotel                          
Business Acquisition [Line Items]                          
Real estate acquired through foreclosure   38,000,000               38,000,000      
Real estate acquired through foreclosure, net basis   $ 38,000,000               38,000,000      
Terminal capitalization rate   8.00%                      
Discount rate   10.00%                      
Los Angeles, CA | Real Estate Acquired in Satisfaction of Debt                          
Business Acquisition [Line Items]                          
Realized (gain) loss on disposition of loan               $ 100,000          
Los Angeles, CA | Land                          
Business Acquisition [Line Items]                          
Real estate acquired through foreclosure               $ 21,535,000          
Ownership Interest               100.00%          
Real estate acquired through foreclosure, net basis               $ 21,600,000          
Provision for (release of) loan loss reserves, net               $ 2,000,000          
Realized loss on sale of real estate, net   $ 2,000,000                      
Winston Salem, NC | Real Estate Acquired in Satisfaction of Debt                          
Business Acquisition [Line Items]                          
Gain on foreclosed property         $ 800,000                
Winston Salem, NC | Hotel                          
Business Acquisition [Line Items]                          
Real estate acquired through foreclosure           $ 3,900,000              
Ownership Interest           100.00%              
Terminal capitalization rate           9.50%              
Discount rate           13.50%              
South Bend, IN | Real Estate Acquired in Satisfaction of Debt                          
Business Acquisition [Line Items]                          
Realized (gain) loss on disposition of loan       $ 100,000                  
South Bend, IN | Hotel                          
Business Acquisition [Line Items]                          
Real estate acquired through foreclosure   $ 38,000,000   $ 3,875,000           $ 38,000,000 $ 3,875,000    
Ownership Interest   100.00%   100.00%           100.00% 100.00%    
Real estate acquired through foreclosure, net basis       $ 4,100,000             $ 4,100,000    
Provision for (release of) loan loss reserves, net       $ 500,000                  
New York, NY | Apartments                          
Business Acquisition [Line Items]                          
Real estate acquired through foreclosure                       $ 15,436,000  
Ownership Interest                       100.00%