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FAIR VALUE - Financial Instruments Other than Debt Securities (Details) - USD ($)
$ in Thousands
Sep. 30, 2020
Dec. 31, 2019
Financial assets [Abstract]    
Residential mortgage loans $ 8,274,509 $ 11,222,182
Derivatives at fair value   1,471
Carrying Amount [Member] | Level 2 [Member]    
Financial assets [Abstract]    
Residential mortgage loans 487 637
Financial liabilities [Abstract]    
Unsecured borrowings 98,468 98,392
Secured borrowings with initial terms of greater than 120 days 500,000  
Fair Value [Member] | Level 2 [Member]    
Financial assets [Abstract]    
Residential mortgage loans 500 650
Financial liabilities [Abstract]    
Unsecured borrowings 44,500 68,100
Secured borrowings with initial terms of greater than 120 days 500,050  
Interest Rate Swap Agreements [Member] | Carrying Amount [Member] | Secured Borrowings [Member] | Level 2 [Member]    
Financial assets [Abstract]    
Secured borrowings-related interest rate swap agreements   733
Interest Rate Swap Agreements [Member] | Carrying Amount [Member] | Unsecured Borrowings [Member] | Level 2 [Member]    
Financial liabilities [Abstract]    
Interest rate swap agreements 46,529 29,156
Interest Rate Swap Agreements [Member] | Fair Value [Member] | Secured Borrowings [Member] | Level 2 [Member]    
Financial assets [Abstract]    
Secured borrowings-related interest rate swap agreements   733
Interest Rate Swap Agreements [Member] | Fair Value [Member] | Unsecured Borrowings [Member] | Level 2 [Member]    
Financial liabilities [Abstract]    
Interest rate swap agreements $ 46,529 29,156
Eurodollar Futures Contract [Member] | Carrying Amount [Member] | Level 1 [Member]    
Financial assets [Abstract]    
Derivatives at fair value   738
Eurodollar Futures Contract [Member] | Fair Value [Member] | Level 1 [Member]    
Financial assets [Abstract]    
Derivatives at fair value   $ 738