0000001 - Document - Cover link:presentationLink link:calculationLink link:definitionLink 9952151 - Statement - CONSOLIDATED BALANCE SHEETS link:presentationLink link:calculationLink link:definitionLink 9952152 - Statement - CONSOLIDATED BALANCE SHEETS (Parenthetical) link:presentationLink link:calculationLink link:definitionLink 9952153 - Statement - CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) link:presentationLink link:calculationLink link:definitionLink 9952154 - Statement - CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) (Parentheticals) link:presentationLink link:calculationLink link:definitionLink 9952155 - Statement - CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) (UNAUDITED) link:presentationLink link:calculationLink link:definitionLink 9952156 - Statement - CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS’ EQUITY (UNAUDITED) link:presentationLink link:calculationLink link:definitionLink 9952157 - Statement - CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) link:presentationLink link:calculationLink link:definitionLink 9952158 - Disclosure - BUSINESS AND ORGANIZATION link:presentationLink link:calculationLink link:definitionLink 9952159 - Disclosure - BASIS OF PRESENTATION AND SIGNIFICANT ACCOUNTING POLICIES link:presentationLink link:calculationLink link:definitionLink 9952160 - Disclosure - SEGMENT REPORTING link:presentationLink link:calculationLink link:definitionLink 9952161 - Disclosure - RESIDENTIAL MORTGAGE LOANS link:presentationLink link:calculationLink link:definitionLink 9952162 - Disclosure - RESIDENTIAL TRANSITION LOANS link:presentationLink link:calculationLink link:definitionLink 9952163 - Disclosure - DEBT SECURITIES INVESTMENTS link:presentationLink link:calculationLink link:definitionLink 9952164 - Disclosure - FAIR VALUE MEASUREMENTS link:presentationLink link:calculationLink link:definitionLink 9952165 - Disclosure - CRE EQUITY METHOD INVESTMENTS link:presentationLink link:calculationLink link:definitionLink 9952166 - Disclosure - COMMITMENTS AND CONTINGENCIES link:presentationLink link:calculationLink link:definitionLink 9952167 - Disclosure - DEBT link:presentationLink link:calculationLink link:definitionLink 9952168 - Disclosure - RELATED PARTY TRANSACTIONS link:presentationLink link:calculationLink link:definitionLink 9952169 - Disclosure - INCOME TAXES link:presentationLink link:calculationLink link:definitionLink 9952170 - Disclosure - EARNINGS PER SHARE link:presentationLink link:calculationLink link:definitionLink 9952171 - Disclosure - EQUITY link:presentationLink link:calculationLink link:definitionLink 9952172 - Disclosure - SUBSEQUENT EVENTS link:presentationLink link:calculationLink link:definitionLink 9955511 - Disclosure - BASIS OF PRESENTATION AND SIGNIFICANT ACCOUNTING POLICIES (Policies) link:presentationLink link:calculationLink link:definitionLink 9955512 - Disclosure - SEGMENT REPORTING (Tables) link:presentationLink link:calculationLink link:definitionLink 9955513 - Disclosure - RESIDENTIAL MORTGAGE LOANS (Tables) link:presentationLink link:calculationLink link:definitionLink 9955514 - Disclosure - RESIDENTIAL TRANSITION LOANS (Tables) link:presentationLink link:calculationLink link:definitionLink 9955515 - Disclosure - DEBT SECURITIES INVESTMENTS (Tables) link:presentationLink link:calculationLink link:definitionLink 9955516 - Disclosure - FAIR VALUE MEASUREMENTS (Tables) link:presentationLink link:calculationLink link:definitionLink 9955517 - Disclosure - CRE EQUITY METHOD INVESTMENTS (Tables) link:presentationLink link:calculationLink link:definitionLink 9955518 - Disclosure - DEBT (Tables) link:presentationLink link:calculationLink link:definitionLink 9955519 - Disclosure - EARNINGS PER SHARE (Tables) link:presentationLink link:calculationLink link:definitionLink 9955520 - Disclosure - EQUITY (Tables) link:presentationLink link:calculationLink link:definitionLink 9955521 - Disclosure - BUSINESS AND ORGANIZATION (Details) link:presentationLink link:calculationLink link:definitionLink 9955522 - Disclosure - BASIS OF PRESENTATION AND SIGNIFICANT ACCOUNTING POLICIES (Details) link:presentationLink link:calculationLink link:definitionLink 9955523 - Disclosure - SEGMENT REPORTING - Narrative (Details) link:presentationLink link:calculationLink link:definitionLink 9955524 - Disclosure - SEGMENT REPORTING - Schedule of Statement of Operations (Details) link:presentationLink link:calculationLink link:definitionLink 9955525 - Disclosure - SEGMENT REPORTING - Schedule of Statement of Balance Sheet (Details) link:presentationLink link:calculationLink link:definitionLink 9955526 - Disclosure - RESIDENTIAL MORTGAGE LOANS - Schedule of Residential Mortgage Loan Portfolio (Details) link:presentationLink link:calculationLink link:definitionLink 9955527 - Disclosure - RESIDENTIAL MORTGAGE LOANS - Narrative (Details) link:presentationLink link:calculationLink link:definitionLink 9955528 - Disclosure - RESIDENTIAL MORTGAGE LOANS - Schedule of Loan Basis by Year of Origination (Details) link:presentationLink link:calculationLink link:definitionLink 9955529 - Disclosure - RESIDENTIAL MORTGAGE LOANS - Schedule of Carrying Value of Residential Mortgage Loans and Related UPB by Delinquency Status (Details) link:presentationLink link:calculationLink link:definitionLink 9955530 - Disclosure - RESIDENTIAL MORTGAGE LOANS - Schedule of Geographic Distribution of Residential Mortgage Loans (Details) link:presentationLink link:calculationLink link:definitionLink 9955531 - Disclosure - RESIDENTIAL TRANSITION LOANS - Schedule of Residential Transition Loans (Details) link:presentationLink link:calculationLink link:definitionLink 9955532 - Disclosure - RESIDENTIAL TRANSITION LOANS - Schedule of Activity of RTLs, At Fair Value (Details) link:presentationLink link:calculationLink link:definitionLink 9955533 - Disclosure - RESIDENTIAL TRANSITION LOANS - Schedule of Financing Receivable, Past Due (Details) link:presentationLink link:calculationLink link:definitionLink 9955534 - Disclosure - DEBT SECURITIES INVESTMENTS - Narrative (Details) link:presentationLink link:calculationLink link:definitionLink 9955535 - Disclosure - DEBT SECURITIES INVESTMENTS - Schedule of Investments in Debt Securities and Beneficial Interests (Details) link:presentationLink link:calculationLink link:definitionLink 9955536 - Disclosure - DEBT SECURITIES INVESTMENTS - Schedule of Debt Securities, Available-For-Sale, Unrealized Losses and Gains Position, Fair Value (Details) link:presentationLink link:calculationLink link:definitionLink 9955537 - Disclosure - DEBT SECURITIES INVESTMENTS - Schedule of Securities Accretable Interest Income (Details) link:presentationLink link:calculationLink link:definitionLink 9955538 - Disclosure - FAIR VALUE MEASUREMENTS - Narrative (Details) link:presentationLink link:calculationLink link:definitionLink 9955539 - Disclosure - FAIR VALUE MEASUREMENTS - Schedule of Recurring Financial Assets and Liabilities (Details) link:presentationLink link:calculationLink link:definitionLink 9955540 - Disclosure - FAIR VALUE MEASUREMENTS - Schedule of Level 3 Financial Assets (Details) link:presentationLink link:calculationLink link:definitionLink 9955541 - Disclosure - FAIR VALUE MEASUREMENTS - Schedule of Ranges and Weighted Averages of RTLs (Details) link:presentationLink link:calculationLink link:definitionLink 9955542 - Disclosure - FAIR VALUE MEASUREMENTS - Schedule of Ranges and Weighted Average of Inputs (Details) link:presentationLink link:calculationLink link:definitionLink 9955543 - Disclosure - FAIR VALUE MEASUREMENTS - Schedule of Assets and Liabilities at Fair Value (Details) link:presentationLink link:calculationLink link:definitionLink 9955544 - Disclosure - CRE EQUITY METHOD INVESTMENTS - Narrative (Details) link:presentationLink link:calculationLink link:definitionLink 9955545 - Disclosure - CRE EQUITY METHOD INVESTMENTS - Schedule of Net Income for the Company’s Unconsolidated (Details) link:presentationLink link:calculationLink link:definitionLink 9955546 - Disclosure - COMMITMENTS AND CONTINGENCIES (Details) link:presentationLink link:calculationLink link:definitionLink 9955547 - Disclosure - DEBT - Narrative (Details) link:presentationLink link:calculationLink link:definitionLink 9955548 - Disclosure - DEBT - Schedule of Repurchase Agreement (Details) link:presentationLink link:calculationLink link:definitionLink 9955549 - Disclosure - DEBT - Schedule of Amount Outstanding on Repurchase Facilities and Carrying Value Collateral (Details) link:presentationLink link:calculationLink link:definitionLink 9955550 - Disclosure - DEBT - Schedule of Status of Mortgage Loans (Details) link:presentationLink link:calculationLink link:definitionLink 9955551 - Disclosure - DEBT - Schedule of Interest Expense on 2027 Notes (Details) link:presentationLink link:calculationLink link:definitionLink 9955552 - Disclosure - RELATED PARTY TRANSACTIONS (Details) link:presentationLink link:calculationLink link:definitionLink 9955553 - Disclosure - EARNINGS PER SHARE (Details) link:presentationLink link:calculationLink link:definitionLink 9955554 - Disclosure - EQUITY - Narrative (Details) link:presentationLink link:calculationLink link:definitionLink 9955555 - Disclosure - EQUITY - Schedule of Common Dividends Declared (Details) link:presentationLink link:calculationLink link:definitionLink 9955556 - Disclosure - EQUITY - Schedule of Accumulated Other Comprehensive Income Loss (Details) link:presentationLink link:calculationLink link:definitionLink