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LOANS - Investment Loan Activity (Details)
$ in Thousands
 9 Months Ended
Sep. 30, 2021
USD ($)
SEC Schedule, 12-29, Real Estate Companies, Investment in Movement in Mortgage Loans on Real Estate [Roll Forward]  
Beginning balance January 1, 2021 $ 3,083,821 [1],[2]
Ending balance September 30, 2021 3,580,521 [2]
Transfer of residential loans to securitization vehicles, carrying value, noncash 2,000,000
Total  
SEC Schedule, 12-29, Real Estate Companies, Investment in Movement in Mortgage Loans on Real Estate [Roll Forward]  
Beginning balance January 1, 2021 3,083,821
Purchases / originations 5,248,097
Sales and transfers (4,160,384)
Principal payments (675,250)
Gains / (losses) 78,826
(Amortization) / accretion 3,980
Ending balance September 30, 2021 3,579,090
Residential  
SEC Schedule, 12-29, Real Estate Companies, Investment in Movement in Mortgage Loans on Real Estate [Roll Forward]  
Beginning balance January 1, 2021 345,810
Purchases / originations 3,597,844
Sales and transfers (2,206,190)
Principal payments (43,690)
Gains / (losses) (784)
(Amortization) / accretion (6,722)
Ending balance September 30, 2021 1,686,268
Commercial  
SEC Schedule, 12-29, Real Estate Companies, Investment in Movement in Mortgage Loans on Real Estate [Roll Forward]  
Beginning balance January 1, 2021 498,081
Purchases / originations 126,722
Sales and transfers (608,202)
Principal payments (84,929)
Gains / (losses) 67,784
(Amortization) / accretion 544
Ending balance September 30, 2021 0
Corporate Debt  
SEC Schedule, 12-29, Real Estate Companies, Investment in Movement in Mortgage Loans on Real Estate [Roll Forward]  
Beginning balance January 1, 2021 2,239,930
Purchases / originations 1,055,048
Sales and transfers (879,622)
Principal payments (546,631)
Gains / (losses) 11,826
(Amortization) / accretion 10,158
Ending balance September 30, 2021 1,890,709
Corporate Debt Held for Sale  
SEC Schedule, 12-29, Real Estate Companies, Investment in Movement in Mortgage Loans on Real Estate [Roll Forward]  
Beginning balance January 1, 2021 0
Purchases / originations 468,483
Sales and transfers (466,370)
Principal payments 0
Gains / (losses) 0
(Amortization) / accretion 0
Ending balance September 30, 2021 $ 2,113
[1] (1)Derived from the audited consolidated financial statements at December 31, 2020.
[2] (4)Includes $3.7 million and $47.0 million of residential mortgage loans held for sale at September 30, 2021 and December 31, 2020, respectively, and $2.1 million and $0 of corporate loans held for sale at September 30, 2021 and December 31, 2020, respectively.