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FAIR VALUE OF FINANCIAL INSTRUMENTS - Schedule of Quantitative Information (Details)
$ in Thousands
3 Months Ended 12 Months Ended
Mar. 31, 2020
USD ($)
Dec. 31, 2019
USD ($)
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Carrying Value $ 1,930,430 $ 1,708,325
CMBS    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Carrying Value 1,868,149 1,644,322
CMBS interest-only    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Carrying Value 27,835 29,146
GNMA interest-only    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Carrying Value 1,607 1,851
Agency securities    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Carrying Value 628 637
GNMA permanent securities    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Carrying Value $ 32,211 $ 32,369
Level 3 | CMBS | Minimum    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Duration 3 days 0 years
Level 3 | CMBS | Weighted Average    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Duration 2 years 7 months 6 days 1 year 7 months 17 days
Level 3 | CMBS | Maximum    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Duration 6 years 3 months 6 years 10 months 13 days
Level 3 | CMBS interest-only | Minimum    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Duration 1 month 20 days 7 days
Level 3 | CMBS interest-only | Weighted Average    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Duration 2 years 3 months 18 days 2 years 5 months 19 days
Level 3 | CMBS interest-only | Maximum    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Duration 3 years 4 months 2 days 3 years 6 months 3 days
Level 3 | GNMA interest-only | Minimum    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Duration 6 months 7 days 25 days
Level 3 | GNMA interest-only | Weighted Average    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Duration 2 years 6 months 25 days 2 years 10 months 24 days
Level 3 | GNMA interest-only | Maximum    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Duration 13 years 8 months 12 days 13 years 8 months 8 days
Level 3 | Agency securities | Minimum    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Duration 0 years 0 years
Level 3 | Agency securities | Weighted Average    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Duration 2 years 1 month 28 days 2 years 3 months 18 days
Level 3 | Agency securities | Maximum    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Duration 2 years 8 months 15 days 2 years 11 months 1 day
Level 3 | GNMA permanent securities | Minimum    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Duration 1 year 1 month 24 days 2 years 7 months 6 days
Level 3 | GNMA permanent securities | Weighted Average    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Duration 9 years 11 months 15 days 3 years 7 months 9 days
Level 3 | GNMA permanent securities | Maximum    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Duration 14 years 10 months 20 days 6 years 5 months 26 days
Level 3 | Yield | CMBS | Minimum    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Measurement input 0.0168 0
Level 3 | Yield | CMBS | Weighted Average    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Measurement input 0.111 0.0311
Level 3 | Yield | CMBS | Maximum    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Measurement input 4.4278 0.1992
Level 3 | Yield | CMBS interest-only | Minimum    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Measurement input 0.0206 0.0157
Level 3 | Yield | CMBS interest-only | Weighted Average    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Measurement input 0.0404 0.0393
Level 3 | Yield | CMBS interest-only | Maximum    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Measurement input 0.068 0.0762
Level 3 | Yield | GNMA interest-only | Minimum    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Measurement input (0.0232) (0.0482)
Level 3 | Yield | GNMA interest-only | Weighted Average    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Measurement input 0.1081 0.1513
Level 3 | Yield | GNMA interest-only | Maximum    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Measurement input 1.2394 0.445
Level 3 | Yield | Agency securities | Minimum    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Measurement input 0.0142 0
Level 3 | Yield | Agency securities | Weighted Average    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Measurement input 0.1577 0.017
Level 3 | Yield | Agency securities | Maximum    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Measurement input 0.72 0.0216
Level 3 | Yield | GNMA permanent securities | Minimum    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Measurement input 1.5721 0.5656
Level 3 | Yield | GNMA permanent securities | Weighted Average    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Measurement input 2.7767 1.6679
Level 3 | Yield | GNMA permanent securities | Maximum    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Measurement input 4.1000 4.10
Level 3 | Prepayment speed | CMBS interest-only | Minimum    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Measurement input 100.00 100.00
Level 3 | Prepayment speed | CMBS interest-only | Weighted Average    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Measurement input 97.23 97.24
Level 3 | Prepayment speed | CMBS interest-only | Maximum    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Measurement input 100.00 100.00
Level 3 | Prepayment speed | GNMA interest-only | Minimum    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Measurement input 5.00 5.00
Level 3 | Prepayment speed | GNMA interest-only | Weighted Average    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Measurement input 12.36 12.36
Level 3 | Prepayment speed | GNMA interest-only | Maximum    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Measurement input 35.00 35.00
Level 3 | Internal Model Third Party Inputs Valuation Technique    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Carrying Value $ 1,918,071 $ 1,695,913
Recurring | Internal Model Third Party Inputs Valuation Technique | CMBS    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Measurement input 0.0221 0.0308
Duration 2 years 3 months 21 days 2 years 4 months 28 days
Recurring | Internal Model Third Party Inputs Valuation Technique | CMBS interest-only    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Measurement input 0.0299 0.0304
Duration 2 years 5 months 15 days 2 years 6 months 10 days
Recurring | Internal Model Third Party Inputs Valuation Technique | GNMA interest-only    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Measurement input 0.0486 0.0459
Duration 3 years 18 days 2 years 9 months 7 days
Recurring | Internal Model Third Party Inputs Valuation Technique | Agency securities    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Measurement input 0.0170 0.0173
Duration 1 year 8 months 12 days 1 year 9 months 29 days
Recurring | Internal Model Third Party Inputs Valuation Technique | GNMA permanent securities    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Measurement input 0.0350 0.0317
Duration 2 years 7 months 9 days 1 year 11 months 4 days
Recurring | Level 3 | Internal Model Third Party Inputs Valuation Technique | CMBS    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Carrying Value $ 1,856,560 $ 1,632,714
Recurring | Level 3 | Internal Model Third Party Inputs Valuation Technique | CMBS interest-only    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Carrying Value 27,065 28,342
Recurring | Level 3 | Internal Model Third Party Inputs Valuation Technique | GNMA interest-only    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Carrying Value 1,607 1,851
Recurring | Level 3 | Internal Model Third Party Inputs Valuation Technique | Agency securities    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Carrying Value 628 637
Recurring | Level 3 | Internal Model Third Party Inputs Valuation Technique | GNMA permanent securities    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Carrying Value $ 32,211 $ 32,369