v3.25.2
RELATED PARTY TRANSACTIONS (Relationship with ACRES Capital Corp and Certain of its Subsidiaries) (Details)
1 Months Ended 3 Months Ended 6 Months Ended 12 Months Ended
Jul. 31, 2020
USD ($)
Extension
Mar. 31, 2025
USD ($)
Sep. 30, 2024
USD ($)
Jun. 30, 2025
USD ($)
shares
Jun. 30, 2024
USD ($)
shares
Jun. 30, 2025
USD ($)
Entity
shares
Jun. 30, 2024
USD ($)
shares
Dec. 31, 2024
USD ($)
Aug. 05, 2025
USD ($)
Related Party Transaction [Line Items]                  
Base management fees paid by the Company       $ 1,601,000 $ 1,620,000 $ 3,232,000 $ 3,247,000    
Incentive Compensation Shares Payable | shares           0 1,911    
General and administrative       2,736,000 2,356,000 $ 5,895,000 $ 5,611,000    
Interest income       28,831,000 41,066,000 57,557,000 83,677,000    
Accrued interest receivable       19,093,000   19,093,000   $ 14,655,000  
Manager Pursuant To Management Agreement                  
Related Party Transaction [Line Items]                  
Incentive management fee pursuant to the management agreement       0   0      
Manager Pursuant To Management Agreement | ACRES Commercial Realty Corp                  
Related Party Transaction [Line Items]                  
Base management fees paid by the Company       1,600,000 1,600,000 3,200,000 3,200,000    
Incentive compensation       0 0 0 0    
Incentive management fee pursuant to the management agreement           0   0  
Total indebtedness       531,000   531,000   540,000  
General and administrative       1,200,000 1,100,000 2,300,000 2,600,000    
Manager Pursuant To Management Agreement | ACRES Commercial Realty Corp | Other Liabilities                  
Related Party Transaction [Line Items]                  
Total indebtedness       685,000   $ 685,000   353,000  
ACRES Capital Corp, LLC                  
Related Party Transaction [Line Items]                  
Number of securitization entities | Entity           2      
ACRES Capital Corp, LLC | Subsequent Event                  
Related Party Transaction [Line Items]                  
Loan origination fees                 $ 344,000
ACRES Capital Corp, LLC | XAN 2020-RSO9 Senior Notes                  
Related Party Transaction [Line Items]                  
Portfolio servicing fees       0 0 $ 0 0    
Special servicing fees       0 11,000 182,000 26,000    
ACRES Capital Corp, LLC | Interest Income | XAN 2020-RSO9 Senior Notes                  
Related Party Transaction [Line Items]                  
Special servicing fees         4,000   7,000    
ACRES Capital Corp, LLC | Loan Evidenced by Promissory Note                  
Related Party Transaction [Line Items]                  
Related party transaction, interest rate   5.00%              
Loan maturity date   Jul. 31, 2031              
Related party transaction, monthly amortization payment   $ 50,000              
Increase in principal balance   7,000,000              
ACRES Capital Corp, LLC | ACRES Commercial Realty Corp | Loan Evidenced by Promissory Note                  
Related Party Transaction [Line Items]                  
Related party transaction, loan amount $ 12,000,000                
Related party transaction, interest rate 3.00%                
Related party transaction, monthly amortization payment $ 25,000                
Related party debt, maturity month and year 2026-07                
Number of options to extend | Extension 2                
Related party debt, extension term 1 year                
Related party debt, percentage of extension fee 0.50%                
Principal balance       10,600,000   10,600,000   10,700,000  
Accrued interest receivable       26,000   26,000   $ 0  
ACRES Capital Corp, LLC | ACRES Commercial Realty Corp | Loan Evidenced by Promissory Note | Other Income (Expense)                  
Related Party Transaction [Line Items]                  
Interest income       80,000 82,000 160,000 166,000    
ACRES Mortgage Fund, LLC | Subsequent Event                  
Related Party Transaction [Line Items]                  
Loan amount sold                 45,800,000
Total loan amount sold                 $ 72,000,000
DevCo                  
Related Party Transaction [Line Items]                  
Fees payments       $ 0 $ 82,000 $ 0 $ 206,000    
DevCo | Minimum                  
Related Party Transaction [Line Items]                  
Market rate for fees           1.25%      
DevCo | Maximum                  
Related Party Transaction [Line Items]                  
Market rate for fees               1.50%  
ACRES Share Holdings, LLC                  
Related Party Transaction [Line Items]                  
Incentive Compensation Shares Payable | shares       0   0 1,911    
ACRES Share Holdings, LLC | Manager                  
Related Party Transaction [Line Items]                  
Shares of common stock issued | shares       0 295,237 0 295,237    
Shares of common stock vest percentage           25.00%      
Vest in installments           4 years      
McCallum JV LLC                  
Related Party Transaction [Line Items]                  
Senior loan revenue recognized       $ 617,000   $ 1,200,000      
Accrued interest outstanding           547,000      
McCallum JV LLC | Subsidiary of ACRES Realty Funding, Inc                  
Related Party Transaction [Line Items]                  
Related party transaction, loan amount     $ 33,700,000            
Mezzanine loan commitment     $ 1,500,000            
Ownership interest     50.00%            
Basis spread on variable rate     2.75%            
Fixed rate of interest on loan     20.00%            
Initial maturity date     Sep. 05, 2027            
Investment, Variable Interest Rate, Type [Extensible Enumeration]     One Month Term SOFR [Member]            
McCallum JV LLC | Subsidiary of ACRES Realty Funding, Inc | Mezzanine loans                  
Related Party Transaction [Line Items]                  
Related party transaction loan outstanding amount       475,000   475,000      
Pacmulti JV LLC                  
Related Party Transaction [Line Items]                  
Senior loan revenue recognized       1,600,000   1,700,000      
Accrued interest outstanding           3,100,000      
Pacmulti JV LLC | Subsidiary of ACRES Realty Funding, Inc                  
Related Party Transaction [Line Items]                  
Related party transaction, loan amount   70,800,000              
Mezzanine loan commitment   $ 13,500,000              
Ownership interest   50.00%              
Basis spread on variable rate   3.41%              
Fixed rate of interest on loan   15.00%              
Initial maturity date   May 05, 2030              
Investment, Variable Interest Rate, Type [Extensible Enumeration]   One Month Term SOFR [Member]              
Pacmulti JV LLC | Subsidiary of ACRES Realty Funding, Inc | Mezzanine loans                  
Related Party Transaction [Line Items]                  
Related party transaction loan outstanding amount       $ 7,300,000   $ 7,300,000