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RELATED PARTY TRANSACTIONS (Tables)
12 Months Ended
Dec. 31, 2018
Related Party Transactions [Abstract]  
Schedule of calculation of asset management fees payable to related party as a percentage of the daily average gross fair value of investments
The fee is calculated as a percentage of the daily average adjusted fair value of CIM Urban's assets:
Daily Average Adjusted Fair
Value of CIM Urban's Assets
 
Quarterly Fee
From Greater of

 
To and Including

 
Percentage
(in thousands)
 
 
$

 
$
500,000

 
0.2500%
500,000

 
1,000,000

 
0.2375%
1,000,000

 
1,500,000

 
0.2250%
1,500,000

 
4,000,000

 
0.2125%
4,000,000

 
20,000,000

 
0.1000%