v3.25.2
LOANS (Summary of Loans) (Details)
Jun. 30, 2025
USD ($)
Loan
Dec. 31, 2024
USD ($)
Loan
Dec. 31, 2023
USD ($)
Receivables With Imputed Interest [Line Items]      
Amortized Cost, Loans held for investment $ 1,391,998,000 $ 1,487,392,000  
Less: allowance for credit losses (30,350,000) (32,847,000) $ (28,757,000)
Commercial Real Estate Loans      
Receivables With Imputed Interest [Line Items]      
Principal, Loans held for investment 1,394,775,000 1,489,697,000  
Unamortized (Discount) Premium, net (2,777,000) (2,305,000)  
Amortized Cost, Loans held for investment 1,391,998,000 1,487,392,000  
Less: allowance for credit losses (30,350,000) (32,847,000)  
Carrying Value, Loans held for investment 1,361,648,000 1,454,545,000  
Loan origination fees 1,400,000 1,300,000  
Deferred amendment fees $ 1,300,000 $ 985,000  
Concentration of loan portfolio risk 100.00% 100.00%  
Commercial Real Estate Loans | Multifamily      
Receivables With Imputed Interest [Line Items]      
Carrying Value, Loans held for investment $ 1,020,636,000 $ 1,125,564,000  
Concentration of loan portfolio risk 75.00% 77.40%  
Commercial Real Estate Loans | Office      
Receivables With Imputed Interest [Line Items]      
Carrying Value, Loans held for investment $ 243,948,000 $ 236,409,000  
Concentration of loan portfolio risk 17.90% 16.20%  
Commercial Real Estate Loans | Hotel      
Receivables With Imputed Interest [Line Items]      
Carrying Value, Loans held for investment $ 57,270,000 $ 56,384,000  
Concentration of loan portfolio risk 4.20% 3.90%  
Commercial Real Estate Loans | Mixed-Use      
Receivables With Imputed Interest [Line Items]      
Carrying Value, Loans held for investment $ 24,525,000    
Concentration of loan portfolio risk 1.80% 0.00%  
Commercial Real Estate Loans | Self Storage      
Receivables With Imputed Interest [Line Items]      
Carrying Value, Loans held for investment $ 15,269,000 $ 36,188,000  
Concentration of loan portfolio risk 1.10% 2.50%  
Commercial Real Estate Loans | Southwest      
Receivables With Imputed Interest [Line Items]      
Carrying Value, Loans held for investment $ 350,462,000 $ 364,544,000  
Concentration of loan portfolio risk 25.70% 25.00%  
Commercial Real Estate Loans | Mountain      
Receivables With Imputed Interest [Line Items]      
Carrying Value, Loans held for investment $ 236,289,000 $ 278,654,000  
Concentration of loan portfolio risk 17.40% 19.20%  
Commercial Real Estate Loans | Southeast      
Receivables With Imputed Interest [Line Items]      
Carrying Value, Loans held for investment $ 216,846,000 $ 239,986,000  
Concentration of loan portfolio risk 15.90% 16.50%  
Commercial Real Estate Loans | Northeast      
Receivables With Imputed Interest [Line Items]      
Carrying Value, Loans held for investment $ 162,053,000 $ 155,352,000  
Concentration of loan portfolio risk 11.90% 10.70%  
Commercial Real Estate Loans | Pacific      
Receivables With Imputed Interest [Line Items]      
Carrying Value, Loans held for investment $ 148,191,000 $ 146,652,000  
Concentration of loan portfolio risk 10.90% 10.10%  
Commercial Real Estate Loans | Mid Atlantic      
Receivables With Imputed Interest [Line Items]      
Carrying Value, Loans held for investment $ 135,419,000 $ 183,075,000  
Concentration of loan portfolio risk 9.90% 12.60%  
Commercial Real Estate Loans | East North Central      
Receivables With Imputed Interest [Line Items]      
Carrying Value, Loans held for investment $ 71,618,000 $ 46,459,000  
Concentration of loan portfolio risk 5.30% 3.20%  
Commercial Real Estate Loans | West North Central      
Receivables With Imputed Interest [Line Items]      
Carrying Value, Loans held for investment $ 40,770,000 $ 39,823,000  
Concentration of loan portfolio risk 3.00% 2.70%  
Commercial Real Estate Loans | Whole Loans      
Receivables With Imputed Interest [Line Items]      
Principal, Loans held for investment $ 1,375,075,000 $ 1,484,997,000  
Unamortized (Discount) Premium, net (2,440,000) (2,305,000)  
Amortized Cost, Loans held for investment 1,372,635,000 1,482,692,000  
Less: allowance for credit losses (25,371,000) (28,147,000)  
Carrying Value, Loans held for investment $ 1,347,264,000 $ 1,454,545,000  
Quantity | Loan 46 52  
Loans receivable, interest rate floor 4.32% 4.58%  
Loans held for investment, unfunded loan commitments $ 77,700,000 $ 94,000,000  
Commercial Real Estate Loans | Whole Loans | Minimum      
Receivables With Imputed Interest [Line Items]      
Contractual Interest Rates 2.50% 2.50%  
Commercial Real Estate Loans | Whole Loans | Maximum      
Receivables With Imputed Interest [Line Items]      
Contractual Interest Rates 7.00% 7.00%  
Commercial Real Estate Loans | Mezzanine loans      
Receivables With Imputed Interest [Line Items]      
Principal, Loans held for investment $ 19,700,000 $ 4,700,000  
Unamortized (Discount) Premium, net (337,000)    
Amortized Cost, Loans held for investment 19,363,000 4,700,000  
Less: allowance for credit losses (4,979,000) $ (4,700,000)  
Carrying Value, Loans held for investment $ 14,384,000    
Quantity | Loan 2 1  
Contractual Interest Rates   10.00%  
Loans receivable, interest rate floor 1.17% 0.97%  
Mezzanine tranche $ 10,600,000 $ 3,500,000  
Fixed interest rate   15.00%  
Commercial Real Estate Loans | Mezzanine loans | Minimum      
Receivables With Imputed Interest [Line Items]      
Contractual Interest Rates 10.00%    
Fixed interest rate 15.00%    
Commercial Real Estate Loans | Mezzanine loans | Maximum      
Receivables With Imputed Interest [Line Items]      
Contractual Interest Rates 15.00%    
Fixed interest rate 20.00%    
Commercial Real Estate Loans | Whole Loans in Default      
Receivables With Imputed Interest [Line Items]      
Amortized Cost, Loans held for investment $ 115,600,000 $ 5,600,000  
Quantity | Loan 5 1