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RELATED PARTY TRANSACTIONS - Narrative (Details) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2023
Mar. 31, 2023
Jun. 30, 2023
Dec. 31, 2022
Related Party Transaction [Line Items]        
Operating recoveries $ 47,000,000   $ 185,000,000  
Unrealized carried interest allocation expense (1,000,000)   55,000,000  
Operating expenses 52,000,000   194,000,000  
Additional paid-in-capital 383,000,000   383,000,000 $ 278,000,000
Purchase of tracking option 0   41,000,000  
Carrying value of options purchased 41,000,000   41,000,000  
Brookfield Asset Management ULC        
Related Party Transaction [Line Items]        
Maximum borrowing capacity 500,000,000   500,000,000  
Brookfield Asset Management ULC | Brookfield Asset Management ULC        
Related Party Transaction [Line Items]        
Non-cash distributions declared amount     56,000,000  
Purchase of tracking option 0 $ 41,000,000    
Brookfield Asset Management ULC | Asset Management Services Agreement        
Related Party Transaction [Line Items]        
Operating recoveries 36,000,000   87,000,000  
Unrealized carried interest allocation expense     2,000,000  
Additional paid-in-capital 88,000,000   88,000,000  
Affiliated Entity | Relationship Agreement        
Related Party Transaction [Line Items]        
Operating recoveries 19,000,000   100,000,000  
Affiliated Entity | Transitional Services Agreement        
Related Party Transaction [Line Items]        
Operating expenses $ 0   $ 0