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v3.23.1

DEBT OBLIGATIONS, NET - Senior Unsecured Notes (Details) - USD ($) | 3 Months Ended |  |  |  |
--- | --- | --- | --- | --- | ---
Mar. 31, 2023 | Mar. 31, 2022 | Dec. 31, 2022 | Jun. 23, 2021 | Jan. 30, 2020 | Sep. 25, 2017
Debt Instrument [Line Items] |  |  |  |  |  |
Gain on extinguishment of debt | $ 9,217,000 | $ 0 |  |  |  |
Ladder Capital Finance Corporation | LCFH |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |
Ownership interest in LCFC | 100.00% |  |  |  |  |
Senior Unsecured Notes |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |
Unamortized debt issuance costs | $ 14,185,000 |  |  |  |  |
Various Date | Senior Unsecured Notes |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |
Senior Unsecured Notes | 1,570,878,000 |  | $ 1,628,382,000 |  |  |
Loan refinance | 1,585,063,000 |  | 1,643,794,000 |  |  |
Unamortized debt issuance costs | 14,200,000 |  | $ 15,400,000 |  |  |
Senior Unsecured Notes |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |
Senior Unsecured Notes | 1,600,000,000 |  |  |  |  |
Senior Notes Due 2025 | Senior Unsecured Notes |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |
Loan refinance | 327,800,000 |  |  |  |  |
Stated interest rate on debt instrument |  |  |  |  |  | 5.25%
Notes repurchased | 16,200,000 |  |  |  |  |
Gain on extinguishment of debt | 1,300,000 |  |  |  |  |
Senior Notes Due 2027 | Senior Unsecured Notes |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |
Loan refinance | 614,400,000 |  |  |  |  |
Stated interest rate on debt instrument |  |  |  |  | 4.25% |
Notes repurchased | 36,400,000 |  |  |  |  |
Gain on extinguishment of debt | 6,400,000 |  |  |  |  |
Senior Notes Due 2029 | Senior Unsecured Notes |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |
Loan refinance | 642,900,000 |  |  |  |  |
Stated interest rate on debt instrument |  |  |  | 4.75% |  |
Notes repurchased | 6,100,000 |  |  |  |  |
Gain on extinguishment of debt | $ 1,400,000 |  |  |  |  |

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