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RESIDENTIAL MORTGAGE LOANS - Schedule of Residential Mortgage Loans Outstanding by Loan Type (Details)
$ in Thousands
9 Months Ended
Sep. 30, 2024
USD ($)
loan
Dec. 31, 2023
USD ($)
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]    
Weighted Average Life (Years) 3 years 9 months 18 days  
Investments of Consolidated CFEs    
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]    
Outstanding Face Amount $ 3,072,082  
Carrying Value $ 2,956,663 $ 3,038,587
Loan Count | loan 8,068  
Weighted Average Yield 5.60%  
Weighted Average Life (Years) 26 years 1 month 6 days  
Residential mortgage loans, HFI, at fair value    
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]    
Outstanding Face Amount $ 409,000  
Carrying Value $ 378,032 379,044
Loan Count | loan 7,615  
Weighted Average Yield 8.10%  
Weighted Average Life (Years) 5 years 6 months  
Total Residential Mortgage Loans, HFS    
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]    
Outstanding Face Amount $ 78,339  
Carrying Value $ 69,939 78,877
Loan Count | loan 1,951  
Weighted Average Yield 8.20%  
Weighted Average Life (Years) 5 years 8 months 12 days  
Acquired Performing Loans    
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]    
Outstanding Face Amount $ 57,957  
Carrying Value $ 53,007 57,038
Loan Count | loan 1,708  
Weighted Average Yield 7.90%  
Weighted Average Life (Years) 5 years 4 months 24 days  
Acquired Performing Loans | Ginnie Mae    
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]    
Unpaid Principal Balance $ 178,800  
Acquired Non-Performing Loans    
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]    
Outstanding Face Amount 20,382  
Carrying Value $ 16,932 21,839
Loan Count | loan 243  
Weighted Average Yield 9.10%  
Weighted Average Life (Years) 6 years 8 months 12 days  
Acquired Non-Performing Loans | Ginnie Mae    
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]    
Unpaid Principal Balance $ 208,200  
Total Residential Mortgage Loans, HFS, at Fair Value    
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]    
Outstanding Face Amount 3,057,651  
Carrying Value $ 3,115,934 2,461,865
Loan Count | loan 10,975  
Weighted Average Yield 6.40%  
Weighted Average Life (Years) 28 years 4 months 24 days  
Acquired Performing Loans    
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]    
Outstanding Face Amount $ 255,673  
Carrying Value $ 247,065 400,603
Loan Count | loan 1,330  
Weighted Average Yield 5.50%  
Weighted Average Life (Years) 22 years 3 months 18 days  
Acquired Non-Performing Loans    
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]    
Outstanding Face Amount $ 221,555  
Carrying Value $ 206,108 204,950
Loan Count | loan 1,060  
Weighted Average Yield 4.80%  
Weighted Average Life (Years) 27 years  
Originated loans    
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]    
Outstanding Face Amount $ 2,580,423  
Carrying Value $ 2,662,761 $ 1,856,312
Loan Count | loan 8,585  
Weighted Average Yield 6.60%  
Weighted Average Life (Years) 29 years 1 month 6 days