v3.26.1
RELATED PARTY TRANSACTIONS - Narrative (Details)
1 Months Ended 3 Months Ended 6 Months Ended
Jun. 30, 2026
USD ($)
quarter
Jun. 30, 2026
USD ($)
quarter
Jun. 30, 2025
USD ($)
Jun. 30, 2026
USD ($)
loan
quarter
Jun. 30, 2025
USD ($)
Dec. 31, 2025
USD ($)
Related Party Transaction [Line Items]            
Management fee renewal term (in years)       1 year    
Management agreement termination, termination fee times average annual base management free and incentive fees received       3    
Management fee look back period (in months)       24 months    
Loans held for investment $ 1,748,835,000 $ 1,748,835,000   $ 1,748,835,000   $ 1,528,806,000
Number of affiliates of company's manager that may originate commercial real estate loans (or more) | loan       1    
Residential            
Related Party Transaction [Line Items]            
Loans held for investment 853,400,000 853,400,000   $ 853,400,000   $ 524,800,000
ACREM            
Related Party Transaction [Line Items]            
Base management fees as a percentage of stockholders' equity per annum       1.50%    
Incentive fee payable (not less than) $ 0 $ 0   $ 0    
Percentage multiplied to arrive at first value affecting calculation of incentive fees       20.00%    
Previous period for which core earnings are considered to arrive at first value affecting calculation of incentive fees (in months)       12 months    
Previous period for product of weighted average price per share and weighted average number of shares of common stock and other shares (in months)       12 months    
Percentage multiplied to arrive at difference of first value affecting calculation of incentive fees       8.00%    
Related party transaction, number of fiscal quarter | quarter 3 3   3    
Period whose fiscal quarters are considered to arrive at first value affecting calculation of incentive fees (in months)       12 months    
Minimum cumulative core earnings, number of quarters | quarter 12 12   12    
Minimum cumulative core earnings for calculation of incentive fee $ 0 $ 0   $ 0    
ACREM | CA | Senior Mortgage Loans | Loans Held for Investment            
Related Party Transaction [Line Items]            
Proceeds from partial sale of loan receivable 68,500,000          
Investment in real estate carrying value 61,400,000 61,400,000   61,400,000    
Gain sale of financing receivable $ 0          
ACREM | Continuing Operations            
Related Party Transaction [Line Items]            
Incurred   3,258,000 $ 3,483,000 6,492,000 $ 7,080,000  
ACREM | Incentive fees | Continuing Operations            
Related Party Transaction [Line Items]            
Incurred   $ 0 $ 0 $ 0 $ 0