v3.26.1
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Principles of Consolidation and Basis of Presentation (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Accounts, Notes, Loans and Financing Receivable [Line Items]      
Net book value $ 3,454,589 $ 3,370,877 $ 4,264,465
Investments in real estate-related securities 169,206 345,828 519,714
Debt outstanding 3,093,039 3,170,289  
Net proceeds from sale of liquid corporate senior loans 5,077 452,857 $ 210,807
Liquid corporate senior loans | Due to affiliates      
Accounts, Notes, Loans and Financing Receivable [Line Items]      
Loans sold 265,400 265,400  
Net proceeds from sale of liquid corporate senior loans   259,700  
Loss on sale of loans receivable   (2,900)  
Unrealized loss on CLO subordinated note      
Accounts, Notes, Loans and Financing Receivable [Line Items]      
Investments in real estate-related securities 19,555    
Investment in equity securities   $ 27,600  
CMBS      
Accounts, Notes, Loans and Financing Receivable [Line Items]      
Investments in real estate-related securities 111,762    
VIE, Primary Beneficiary | CIM Commercial Lending REIT (CLR) | Senior Secured Mortgage Loans      
Accounts, Notes, Loans and Financing Receivable [Line Items]      
Net book value 1,400,000    
VIE, Primary Beneficiary | CIM Commercial Lending REIT (CLR) | CMBS      
Accounts, Notes, Loans and Financing Receivable [Line Items]      
Investments in real estate-related securities 64,200    
VIE, Primary Beneficiary | NP JV Holdings      
Accounts, Notes, Loans and Financing Receivable [Line Items]      
Equity securities 138,700    
VIE, Not Primary Beneficiary | CIM Commercial Lending REIT (CLR)      
Accounts, Notes, Loans and Financing Receivable [Line Items]      
Debt outstanding 1,100,000    
VIE, Not Primary Beneficiary | OFSI BSL XIV CLO, Ltd      
Accounts, Notes, Loans and Financing Receivable [Line Items]      
Equity securities $ 19,600