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DEBT OBLIGATIONS, NET - Financing Strategy in Current Market Conditions (Details) $ / shares in Units, $ in Thousands		May 01, 2020 USD ($) counterparty	Apr. 30, 2020 USD ($) $ / shares shares	Apr. 27, 2020 USD ($)	Apr. 28, 2020 USD ($)	[1]	Apr. 01, 2020 USD ($)	Mar. 31, 2020 USD ($) $ / shares shares		Jan. 30, 2020	Dec. 31, 2019 USD ($) $ / shares shares		Mar. 31, 2019 USD ($)	Dec. 31, 2018 USD ($)
Debt Instrument [Line Items]
Debt obligations, net	[1]							$ 5,681,020			$ 4,859,873
Cash, cash equivalents and restricted cash								622,221			355,746		$ 125,233	$ 98,450
Cash and cash equivalents								358,352	[1]		58,171	[1]	45,158
Restricted cash								$ 263,869			$ 297,575		$ 80,075
Class A Common Stock
Debt Instrument [Line Items]
Common stock, authorized (in shares) | shares								600,000,000			600,000,000
Common stock, par value (in dollars per share) | $ / shares								$ 0.001			$ 0.001
Senior Unsecured Notes | Senior Notes Due 2027
Debt Instrument [Line Items]
Stated interest rate on debt instrument										4.25%
Maturing February 11 2021 | Revolving Credit Facility
Debt Instrument [Line Items]
Committed financing								$ 266,430
Subsequent Event
Debt Instrument [Line Items]
FHLB advances outstanding		$ 487,000
FHLB reduction		520,600
Debt obligations, net		783,000			$ 830,000
Loans financed				$ 481,300
Advance rate				64.50%
Subordinate and controlling interest				35.00%
Cash, cash equivalents and restricted cash		830,000
Unencumbered assets		2,700,000
Subsequent Event | Senior Unsecured Notes | Senior Notes Due 2027
Debt Instrument [Line Items]
Loan repurchase debt outstanding		$ 414,000					$ 123,000
Number of bank counterparties | counterparty		5
Subsequent Event | Secured Debt | Non-Recourse Notes | Koch Real Estate Investments, LLC
Debt Instrument [Line Items]
Non-mark to market financing facility			$ 206,400
Maturity period			36 months
Minimum interest premium			$ 39,200
Subsequent Event | Secured Debt | Class A Common Stock | Non-Recourse Notes | Koch Real Estate Investments, LLC
Debt Instrument [Line Items]
Common stock, authorized (in shares) | shares			4,000,000.0
Common stock, par value (in dollars per share) | $ / shares			$ 8.00
Subsequent Event | Secured Debt | London Interbank Offered Rate (LIBOR) | Maximum | Non-Recourse Notes | Koch Real Estate Investments, LLC
Debt Instrument [Line Items]
Stated interest rate on debt instrument			10.00%
Subsequent Event | Secured Debt | London Interbank Offered Rate (LIBOR) | Minimum | Non-Recourse Notes | Koch Real Estate Investments, LLC
Debt Instrument [Line Items]
Stated interest rate on debt instrument			0.75%
CLO Debt | Subsequent Event | Non-Recourse Notes
Debt Instrument [Line Items]
Debt obligations, net				$ 310,200
[1] Includes amounts relating to consolidated variable interest entities. See Note 1.

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