v3.25.2
SUBSEQUENT EVENTS (Details)
$ / shares in Units, shares in Millions
1 Months Ended 3 Months Ended 6 Months Ended
Aug. 12, 2025
USD ($)
loan
Property
$ / shares
shares
Jun. 30, 2025
USD ($)
shares
Mar. 31, 2025
USD ($)
Jun. 30, 2024
USD ($)
Mar. 31, 2024
USD ($)
Jun. 30, 2025
USD ($)
Jun. 30, 2024
USD ($)
Subsequent Event [Line Items]              
Redemptions of common stock   $ 9,250,000 $ 11,236,000 $ 11,522,000 $ 11,079,000    
Unfulfilled redemption requests (in shares) | shares   43.4          
Gain on disposition of real estate, net           $ 5,596,000 $ 3,250,000
Payments to acquire loans held-for-investment           $ 170,418,000 $ 47,897,000
Subsequent event              
Subsequent Event [Line Items]              
Redemption of common stock (in shares) | shares 1.4            
Redemptions of common stock $ 7,700,000            
Common stock, redemption price per share (in usd per share) | $ / shares $ 5.24            
Number of properties acquired during acquisition | Property 10            
Aggregate purchase price of acquired properties $ 19,800,000            
Subsequent event | Repurchase facilities              
Subsequent Event [Line Items]              
Repayments of other long-term debt 80,000,000            
Subsequent event | Repurchase facilities | Barclays              
Subsequent Event [Line Items]              
Funded aggregate amount 2,600,000            
Subsequent event | Repurchase facilities | Citibank              
Subsequent Event [Line Items]              
Funded aggregate amount 1,500,000            
Subsequent event | Loan Facility              
Subsequent Event [Line Items]              
Repayments of other long-term debt 17,000,000            
Subsequent event | Corporate senior loans              
Subsequent Event [Line Items]              
Debt instruments, sold $ 17,200,000            
Number of sold loans | loan 2            
Debt instruments, settled $ 11,300,000            
Number of loans | loan 1            
Subsequent event | First Mortgage Loans              
Subsequent Event [Line Items]              
Payments to acquire loans held-for-investment $ 8,100,000            
Number of funded loan investments | loan 8            
Subsequent event | First Mortgage Loan One              
Subsequent Event [Line Items]              
Principle payment received $ 5,500,000            
Number of first mortgage loans, principal repayments received | loan 1            
Subsequent event | First Mortgage Loan Two              
Subsequent Event [Line Items]              
Principle payment received $ 65,000,000            
Number of first mortgage loans, principal repayments received | loan 1            
Subsequent event | Property | Disposed of by sale              
Subsequent Event [Line Items]              
Aggregate gross sales price $ 6,500,000            
Net proceeds from sales 6,000,000            
Gain on disposition of real estate, net $ 543,000