0000001 - Document - Cover Page link:presentationLink link:calculationLink link:definitionLink 9952151 - Statement - CONDENSED COMBINED AND CONSOLIDATED BALANCE SHEETS link:presentationLink link:calculationLink link:definitionLink 9952152 - Statement - CONDENSED COMBINED AND CONSOLIDATED BALANCE SHEETS (Parenthetical) link:presentationLink link:calculationLink link:definitionLink 9952153 - Statement - CONDENSED COMBINED AND CONSOLIDATED STATEMENTS OF OPERATIONS link:presentationLink link:calculationLink link:definitionLink 9952154 - Statement - CONDENSED COMBINED AND CONSOLIDATED STATEMENTS OF EQUITY link:presentationLink link:calculationLink link:definitionLink 9952155 - Statement - CONDENSED COMBINED AND CONSOLIDATED STATEMENTS OF CASH FLOWS link:presentationLink link:calculationLink link:definitionLink 9952156 - Disclosure - ORGANIZATION AND BUSINESS link:presentationLink link:calculationLink link:definitionLink 9952157 - Disclosure - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES link:presentationLink link:calculationLink link:definitionLink 9952158 - Disclosure - FAIR VALUE MEASUREMENTS link:presentationLink link:calculationLink link:definitionLink 9952159 - Disclosure - INVESTMENTS link:presentationLink link:calculationLink link:definitionLink 9952160 - Disclosure - CREDIT FACILITIES, NOTES PAYABLE AND REPURCHASE FACILITIES link:presentationLink link:calculationLink link:definitionLink 9952161 - Disclosure - COMMITMENTS AND CONTINGENCIES link:presentationLink link:calculationLink link:definitionLink 9952162 - Disclosure - RELATED-PARTY TRANSACTIONS AND ARRANGEMENTS link:presentationLink link:calculationLink link:definitionLink 9952163 - Disclosure - EARNINGS PER SHARE link:presentationLink link:calculationLink link:definitionLink 9952164 - Disclosure - STOCKHOLDERS' EQUITY link:presentationLink link:calculationLink link:definitionLink 9952165 - Disclosure - INCOME TAXES link:presentationLink link:calculationLink link:definitionLink 9952166 - Disclosure - LEASES link:presentationLink link:calculationLink link:definitionLink 9952167 - Disclosure - SEGMENT REPORTING link:presentationLink link:calculationLink link:definitionLink 9952168 - Disclosure - SUBSEQUENT EVENTS link:presentationLink link:calculationLink link:definitionLink 9955511 - Disclosure - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies) link:presentationLink link:calculationLink link:definitionLink 9955512 - Disclosure - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables) link:presentationLink link:calculationLink link:definitionLink 9955513 - Disclosure - FAIR VALUE MEASUREMENTS (Tables) link:presentationLink link:calculationLink link:definitionLink 9955514 - Disclosure - INVESTMENTS (Tables) link:presentationLink link:calculationLink link:definitionLink 9955515 - Disclosure - CREDIT FACILITIES, NOTES PAYABLE AND REPURCHASE FACILITIES (Tables) link:presentationLink link:calculationLink link:definitionLink 9955516 - Disclosure - RELATED-PARTY TRANSACTIONS AND ARRANGEMENTS (Tables) link:presentationLink link:calculationLink link:definitionLink 9955517 - Disclosure - EARNINGS PER SHARE (Tables) link:presentationLink link:calculationLink link:definitionLink 9955518 - Disclosure - STOCKHOLDERS' EQUITY (Tables) link:presentationLink link:calculationLink link:definitionLink 9955519 - Disclosure - LEASES (Tables) link:presentationLink link:calculationLink link:definitionLink 9955520 - Disclosure - SEGMENT REPORTING (Tables) link:presentationLink link:calculationLink link:definitionLink 9955521 - Disclosure - ORGANIZATION AND BUSINESS (Details) link:presentationLink link:calculationLink link:definitionLink 9955522 - Disclosure - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Acquisition Accounting (Details) link:presentationLink link:calculationLink link:definitionLink 9955523 - Disclosure - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Fair Value of Assets Acquired and Liabilities Assumed (Details) link:presentationLink link:calculationLink link:definitionLink 9955524 - Disclosure - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Earnout (Details) link:presentationLink link:calculationLink link:definitionLink 9955525 - Disclosure - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Cash and Cash Equivalents and Restricted Cash (Details) link:presentationLink link:calculationLink link:definitionLink 9955526 - Disclosure - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Schedule of Revenue from Real Asset Management Activities (Details) link:presentationLink link:calculationLink link:definitionLink 9955527 - Disclosure - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Revenue Recognition (Details) link:presentationLink link:calculationLink link:definitionLink 9955528 - Disclosure - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Expenses (Details) link:presentationLink link:calculationLink link:definitionLink 9955529 - Disclosure - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Contract Assets, Net (Details) link:presentationLink link:calculationLink link:definitionLink 9955529 - Disclosure - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Contract Assets, Net (Details) link:presentationLink link:calculationLink link:definitionLink 9955530 - Disclosure - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Contract Liabilities (Details) link:presentationLink link:calculationLink link:definitionLink 9955531 - Disclosure - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Investments (Details) link:presentationLink link:calculationLink link:definitionLink 9955532 - Disclosure - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Other Assets, Net (Details) link:presentationLink link:calculationLink link:definitionLink 9955532 - Disclosure - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Other Assets, Net (Details) link:presentationLink link:calculationLink link:definitionLink 9955533 - Disclosure - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Accrued Expenses and Other Liabilities (Details) link:presentationLink link:calculationLink link:definitionLink 9955534 - Disclosure - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Goodwill (Details) link:presentationLink link:calculationLink link:definitionLink 9955535 - Disclosure - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Reportable Segment (Details) link:presentationLink link:calculationLink link:definitionLink 9955536 - Disclosure - FAIR VALUE MEASUREMENTS - Narrative (Details) link:presentationLink link:calculationLink link:definitionLink 9955537 - Disclosure - FAIR VALUE MEASUREMENTS - Schedule of Fair Value, Assets and Liabilities Measured on a Recurring Basis (Details) link:presentationLink link:calculationLink link:definitionLink 9955538 - Disclosure - FAIR VALUE MEASUREMENTS - Schedule of Valuation Techniques and Significant Unobservable Inputs Used for Financial Assets and Liabilities (Details) link:presentationLink link:calculationLink link:definitionLink 9955539 - Disclosure - FAIR VALUE MEASUREMENTS - Schedule of Reconciliation of the Changes in Financial Assets and Liabilities With Level 3 Inputs (Details) link:presentationLink link:calculationLink link:definitionLink 9955540 - Disclosure - FAIR VALUE MEASUREMENTS - Schedule of Valuation Techniques and Significant Unobservable Inputs Used for Real Estate Assets and Debt (Details) link:presentationLink link:calculationLink link:definitionLink 9955541 - Disclosure - INVESTMENTS - Schedule of Investment (Details) link:presentationLink link:calculationLink link:definitionLink 9955542 - Disclosure - INVESTMENTS - Schedule of Real Estate Assets, Net (Details) link:presentationLink link:calculationLink link:definitionLink 9955543 - Disclosure - INVESTMENTS - Schedule of Estimated Amortization Relating to the Intangible Lease Assets and Liabilities (Details) link:presentationLink link:calculationLink link:definitionLink 9955544 - Disclosure - INVESTMENTS - Schedule of Credit Investments - At Fair Value (Details) link:presentationLink link:calculationLink link:definitionLink 9955545 - Disclosure - INVESTMENTS - Schedule of CRE Loans on Carrying Values (Details) link:presentationLink link:calculationLink link:definitionLink 9955546 - Disclosure - INVESTMENTS - Schedule of Investments in Managed Funds and Unconsolidated Joint Ventures (Details) link:presentationLink link:calculationLink link:definitionLink 9955547 - Disclosure - INVESTMENTS - Schedule of Investments in Other Owner Operators of Real Estate (Details) link:presentationLink link:calculationLink link:definitionLink 9955548 - Disclosure - INVESTMENTS - Narrative (Details) link:presentationLink link:calculationLink link:definitionLink 9955549 - Disclosure - INVESTMENTS - Schedule of Summarized Financial Information (Details) link:presentationLink link:calculationLink link:definitionLink 9955550 - Disclosure - CREDIT FACILITIES, NOTES PAYABLE AND REPURCHASE FACILITIES - Narrative (Details) link:presentationLink link:calculationLink link:definitionLink 9955551 - Disclosure - CREDIT FACILITIES, NOTES PAYABLE AND REPURCHASE FACILITIES - Schedule of Debt (Details) link:presentationLink link:calculationLink link:definitionLink 9955552 - Disclosure - CREDIT FACILITIES, NOTES PAYABLE AND REPURCHASE FACILITIES - Schedule of Other Credit Facilities (Details) link:presentationLink link:calculationLink link:definitionLink 9955553 - Disclosure - CREDIT FACILITIES, NOTES PAYABLE AND REPURCHASE FACILITIES - Schedule of Repurchase Facilities (Details) link:presentationLink link:calculationLink link:definitionLink 9955554 - Disclosure - CREDIT FACILITIES, NOTES PAYABLE AND REPURCHASE FACILITIES - Schedule of Schedule of Aggregate Principal Repayments (Details) link:presentationLink link:calculationLink link:definitionLink 9955555 - Disclosure - COMMITMENTS AND CONTINGENCIES (Details) link:presentationLink link:calculationLink link:definitionLink 9955556 - Disclosure - RELATED-PARTY TRANSACTIONS AND ARRANGEMENTS - Schedule of Revenues Earned from Related Parties and Affiliates (Details) link:presentationLink link:calculationLink link:definitionLink 9955557 - Disclosure - RELATED-PARTY TRANSACTIONS AND ARRANGEMENTS - Schedule of Management Fees And Other Receivables From Related Parties Funds (Details) link:presentationLink link:calculationLink link:definitionLink 9955558 - Disclosure - RELATED-PARTY TRANSACTIONS AND ARRANGEMENTS - Narrative (Details) link:presentationLink link:calculationLink link:definitionLink 9955559 - Disclosure - RELATED-PARTY TRANSACTIONS AND ARRANGEMENTS - Schedule of Services and Cost-Sharing Arrangements with Affiliates (Details) link:presentationLink link:calculationLink link:definitionLink 9955560 - Disclosure - RELATED-PARTY TRANSACTIONS AND ARRANGEMENTS - Schedule of Leases (Details) link:presentationLink link:calculationLink link:definitionLink 9955561 - Disclosure - RELATED-PARTY TRANSACTIONS AND ARRANGEMENTS - Schedule of Due to Affiliates (Details) link:presentationLink link:calculationLink link:definitionLink 9955562 - Disclosure - EARNINGS PER SHARE - Narrative (Details) link:presentationLink link:calculationLink link:definitionLink 9955563 - Disclosure - EARNINGS PER SHARE - Schedule of Reconciliation of the Numerator and Denominator Used in Computing Basic and Diluted Per Share Computations (Details) link:presentationLink link:calculationLink link:definitionLink 9955564 - Disclosure - STOCKHOLDERS' EQUITY - Narrative (Details) link:presentationLink link:calculationLink link:definitionLink 9955565 - Disclosure - STOCKHOLDERS' EQUITY - Schedule of Non-Vested Share Activity (Details) link:presentationLink link:calculationLink link:definitionLink 9955566 - Disclosure - STOCKHOLDERS' EQUITY - Schedule of Restricted Common Stock Vesting Dates (Details) link:presentationLink link:calculationLink link:definitionLink 9955567 - Disclosure - INCOME TAXES (Details) link:presentationLink link:calculationLink link:definitionLink 9955568 - Disclosure - LEASES - Narrative (Details) link:presentationLink link:calculationLink link:definitionLink 9955569 - Disclosure - LEASES - Schedule of Future Minimum Rental Income (Details) link:presentationLink link:calculationLink link:definitionLink 9955570 - Disclosure - LEASES - Schedule of Rental and Other Property Income (Details) link:presentationLink link:calculationLink link:definitionLink 9955571 - Disclosure - LEASES - Schedule of Maturity of operating lease liabilities (Details) link:presentationLink link:calculationLink link:definitionLink 9955572 - Disclosure - LEASES - Schedule of Lease, Cost (Details) link:presentationLink link:calculationLink link:definitionLink 9955573 - Disclosure - SEGMENT REPORTING (Details) link:presentationLink link:calculationLink link:definitionLink 9955574 - Disclosure - SUBSEQUENT EVENTS (Details) link:presentationLink link:calculationLink link:definitionLink