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FAIR VALUE MEASUREMENTS - Fair Value Liabilities Measured at Fair Value on a Recurring Basis using Level 3 Inputs (Details) - Recurring Basis - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Level 3    
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Beginning balance $ 2,482,756 $ 772,925
Transfers out of Level 3 (367,031)  
Gains (Losses) Included in Net Income:    
Servicing revenue, net 3,634  
Other income (4,017) 4,619
Purchases, Issuance and Repayments:    
Repayments (11,592) (13,437)
Other 565  
Ending balance 2,104,315 764,107
Asset-Backed Securities Issued    
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Beginning balance 185,500  
Purchases, Issuance and Repayments:    
Ending balance 169,000  
Asset-Backed Securities Issued | Level 3    
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Beginning balance 185,460 235,770
Transfers out of Level 3 0  
Gains (Losses) Included in Net Income:    
Servicing revenue, net 0  
Other income (4,833) (411)
Purchases, Issuance and Repayments:    
Repayments (11,592) (13,437)
Other 0  
Ending balance 169,035 221,922
Notes Payable of CFEs - Consolidated Funds | Level 3    
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Beginning balance 959,958 218,157
Transfers out of Level 3 (367,031)  
Gains (Losses) Included in Net Income:    
Servicing revenue, net 0  
Other income (849) (34)
Purchases, Issuance and Repayments:    
Repayments 0 0
Other 0  
Ending balance 592,078 218,123
Notes Payable of CFEs - Residential Transition Loans | Level 3    
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Beginning balance 859,023 318,998
Transfers out of Level 3 0  
Gains (Losses) Included in Net Income:    
Servicing revenue, net 0  
Other income 171 5,064
Purchases, Issuance and Repayments:    
Repayments 0 0
Other 566  
Ending balance 859,760 324,062
Excess Spread Financing | Level 3    
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Beginning balance 101,088 0
Transfers out of Level 3 0  
Gains (Losses) Included in Net Income:    
Servicing revenue, net 3,634  
Other income 0 0
Purchases, Issuance and Repayments:    
Repayments 0 0
Other (1)  
Ending balance 104,721 0
Notes Receivable Financing | Level 3    
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Beginning balance 377,227 0
Transfers out of Level 3 0  
Gains (Losses) Included in Net Income:    
Servicing revenue, net 0  
Other income 1,494 0
Purchases, Issuance and Repayments:    
Repayments 0 0
Other 0  
Ending balance $ 378,721 $ 0