RELATED-PARTY TRANSACTIONS - Fees and Expense Reimbursements (Details) - USD ($) $ in Thousands	3 Months Ended			6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Mar. 31, 2022	Jun. 30, 2023	Jun. 30, 2022
Asset management fees
Related Party Transaction [Line Items]
Related party, amount of transaction	$ 627	$ 920		$ 1,347	$ 1,841
Property management fees
Related Party Transaction [Line Items]
Related party, amount of transaction	551	413		1,028	851
Property management fees | Corporate Joint Venture
Related Party Transaction [Line Items]
Related party, amount of transaction	20	11		37	15
Onsite management and other cost reimbursements
Related Party Transaction [Line Items]
Related party, amount of transaction	1,461	806		2,531	1,231
Onsite management and other cost reimbursements | Corporate Joint Venture
Related Party Transaction [Line Items]
Related party, amount of transaction	112	21		141	33
Leasing commissions
Related Party Transaction [Line Items]
Related party, amount of transaction	37	27		76	105
Leasing commissions | Corporate Joint Venture
Related Party Transaction [Line Items]
Related party, amount of transaction	2			14
Construction management fees
Related Party Transaction [Line Items]
Related party, amount of transaction	52	138		170	198
Construction management fees | Corporate Joint Venture
Related Party Transaction [Line Items]
Related party, amount of transaction	55	2		59	3
Development management reimbursements
Related Party Transaction [Line Items]
Related party, amount of transaction	653	0		653	0
Development management reimbursements | Corporate Joint Venture
Related Party Transaction [Line Items]
Related party, amount of transaction	187			187
Expense reimbursements to related parties - corporate
Related Party Transaction [Line Items]
Related party, amount of transaction	677	526		1,205	948
Expense reimbursements to related parties - lending segment
Related Party Transaction [Line Items]
Related party, amount of transaction	910	604		1,518	1,073
Upfront dealer manager and trailing dealer manager fees
Related Party Transaction [Line Items]
Related party, amount of transaction	370	152		690	274
Non-issuance specific offering costs
Related Party Transaction [Line Items]
Related party, amount of transaction	162	50		306	89
Non-issuance specific offering costs | Affiliated Entity
Related Party Transaction [Line Items]
Related party, deferred costs	2,500	2,300		2,500	2,300
Investment Management Agreement | CIM Capital, LLC | Series A1 Preferred Stock | Affiliated Entity
Related Party Transaction [Line Items]
Related party, shares issued (in shares)			36,843
Personnel Fees | Affiliated Entity
Related Party Transaction [Line Items]
Related party, amount of transaction	$ 30
Related party, deferred personnel costs		$ 105		$ 61	$ 174