0000001 - Document - Cover Page link:presentationLink link:calculationLink link:definitionLink 9952151 - Statement - CONDENSED CONSOLIDATED BALANCE SHEETS link:presentationLink link:calculationLink link:definitionLink 9952152 - Statement - CONDENSED CONSOLIDATED BALANCE SHEETS (Parenthetical) link:presentationLink link:calculationLink link:definitionLink 9952153 - Statement - CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS link:presentationLink link:calculationLink link:definitionLink 9952154 - Statement - CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) link:presentationLink link:calculationLink link:definitionLink 9952155 - Statement - CONDENSED CONSOLIDATED STATEMENTS OF EQUITY link:presentationLink link:calculationLink link:definitionLink 9952156 - Statement - CONDENSED CONSOLIDATED STATEMENTS OF EQUITY (Parenthetical) link:presentationLink link:calculationLink link:definitionLink 9952157 - Statement - CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS link:presentationLink link:calculationLink link:definitionLink 9952158 - Disclosure - ORGANIZATION AND BUSINESS link:presentationLink link:calculationLink link:definitionLink 9952159 - Disclosure - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES link:presentationLink link:calculationLink link:definitionLink 9952160 - Disclosure - FAIR VALUE MEASUREMENTS link:presentationLink link:calculationLink link:definitionLink 9952161 - Disclosure - REAL ESTATE ASSETS link:presentationLink link:calculationLink link:definitionLink 9952162 - Disclosure - INTANGIBLE LEASE ASSETS AND LIABILITIES link:presentationLink link:calculationLink link:definitionLink 9952163 - Disclosure - INVESTMENT IN UNCONSOLIDATED ENTITIES link:presentationLink link:calculationLink link:definitionLink 9952164 - Disclosure - REAL ESTATE-RELATED SECURITIES AND OTHER link:presentationLink link:calculationLink link:definitionLink 9952165 - Disclosure - LOANS HELD-FOR-INVESTMENT link:presentationLink link:calculationLink link:definitionLink 9952166 - Disclosure - REPURCHASE FACILITIES, NOTES PAYABLE AND CREDIT FACILITIES link:presentationLink link:calculationLink link:definitionLink 9952167 - Disclosure - COMMITMENTS AND CONTINGENCIES link:presentationLink link:calculationLink link:definitionLink 9952168 - Disclosure - RELATED-PARTY TRANSACTIONS AND ARRANGEMENTS link:presentationLink link:calculationLink link:definitionLink 9952169 - Disclosure - ECONOMIC DEPENDENCY link:presentationLink link:calculationLink link:definitionLink 9952170 - Disclosure - STOCKHOLDERS’ EQUITY link:presentationLink link:calculationLink link:definitionLink 9952171 - Disclosure - LEASES link:presentationLink link:calculationLink link:definitionLink 9952172 - Disclosure - SEGMENT REPORTING link:presentationLink link:calculationLink link:definitionLink 9952173 - Disclosure - SUBSEQUENT EVENTS link:presentationLink link:calculationLink link:definitionLink 9955511 - Disclosure - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies) link:presentationLink link:calculationLink link:definitionLink 9955512 - Disclosure - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables) link:presentationLink link:calculationLink link:definitionLink 9955513 - Disclosure - FAIR VALUE MEASUREMENTS (Tables) link:presentationLink link:calculationLink link:definitionLink 9955514 - Disclosure - REAL ESTATE ASSETS (Tables) link:presentationLink link:calculationLink link:definitionLink 9955515 - Disclosure - INTANGIBLE LEASE ASSETS AND LIABILITIES (Tables) link:presentationLink link:calculationLink link:definitionLink 9955516 - Disclosure - INVESTMENT IN UNCONSOLIDATED ENTITIES (Tables) link:presentationLink link:calculationLink link:definitionLink 9955517 - Disclosure - REAL ESTATE-RELATED SECURITIES AND OTHER (Tables) link:presentationLink link:calculationLink link:definitionLink 9955518 - Disclosure - LOANS HELD-FOR-INVESTMENT (Tables) link:presentationLink link:calculationLink link:definitionLink 9955519 - Disclosure - REPURCHASE FACILITIES, NOTES PAYABLE AND CREDIT FACILITIES (Tables) link:presentationLink link:calculationLink link:definitionLink 9955520 - Disclosure - RELATED-PARTY TRANSACTIONS AND ARRANGEMENTS (Tables) link:presentationLink link:calculationLink link:definitionLink 9955521 - Disclosure - STOCKHOLDERS' EQUITY (Tables) link:presentationLink link:calculationLink link:definitionLink 9955522 - Disclosure - LEASES (Tables) link:presentationLink link:calculationLink link:definitionLink 9955523 - Disclosure - SEGMENT REPORTING (Tables) link:presentationLink link:calculationLink link:definitionLink 9955524 - Disclosure - ORGANIZATION AND BUSINESS (Details) link:presentationLink link:calculationLink link:definitionLink 9955525 - Disclosure - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Principles of Consolidation and Basis of Presentation (Details) link:presentationLink link:calculationLink link:definitionLink 9955526 - Disclosure - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Real Estate Assets (Details) link:presentationLink link:calculationLink link:definitionLink 9955527 - Disclosure - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Investments in Unconsolidated Entities (Details) link:presentationLink link:calculationLink link:definitionLink 9955528 - Disclosure - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Restricted Cash (Details) link:presentationLink link:calculationLink link:definitionLink 9955529 - Disclosure - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Real Estate-Related Securities and Other (Details) link:presentationLink link:calculationLink link:definitionLink 9955530 - Disclosure - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Reportable Segment (Details) link:presentationLink link:calculationLink link:definitionLink 9955531 - Disclosure - FAIR VALUE MEASUREMENTS - Schedule of Net Book Value and Fair Value (Details) link:presentationLink link:calculationLink link:definitionLink 9955532 - Disclosure - FAIR VALUE MEASUREMENTS - Schedule of Fair Value, Assets and Liabilities Measured on a Recurring Basis (Details) link:presentationLink link:calculationLink link:definitionLink 9955533 - Disclosure - FAIR VALUE MEASUREMENTS - Schedule of Reconciliation of the Changes in Financial Assets With Level 3 Inputs (Details) link:presentationLink link:calculationLink link:definitionLink 9955534 - Disclosure - FAIR VALUE MEASUREMENTS - Narrative (Details) link:presentationLink link:calculationLink link:definitionLink 9955535 - Disclosure - FAIR VALUE MEASUREMENTS - Schedule of Discount Rates and Terminal Capitalization rates of the Company’s Impairment Test (Details) link:presentationLink link:calculationLink link:definitionLink 9955536 - Disclosure - FAIR VALUE MEASUREMENTS - Schedule of Impairment Charges by Asset Class (Details) link:presentationLink link:calculationLink link:definitionLink 9955537 - Disclosure - REAL ESTATE ASSETS - Property Acquisition (Details) link:presentationLink link:calculationLink link:definitionLink 9955538 - Disclosure - REAL ESTATE ASSETS - Schedule of Purchase Price Allocation (Details) link:presentationLink link:calculationLink link:definitionLink 9955539 - Disclosure - REAL ESTATE ASSETS - Condominium Development Project and Dispositions (Details) link:presentationLink link:calculationLink link:definitionLink 9955540 - Disclosure - REAL ESTATE ASSETS - Property Dispositions and Real Estate Assets Held for Sale (Details) link:presentationLink link:calculationLink link:definitionLink 9955541 - Disclosure - REAL ESTATE ASSETS - Impairment (Details) link:presentationLink link:calculationLink link:definitionLink 9955542 - Disclosure - INTANGIBLE LEASE ASSETS AND LIABILITIES - Schedule of Intangible Lease Assets and Liabilities (Details) link:presentationLink link:calculationLink link:definitionLink 9955543 - Disclosure - INTANGIBLE LEASE ASSETS AND LIABILITIES - Schedule of Amortization Expense Related to the Intangible Lease Assets (Details) link:presentationLink link:calculationLink link:definitionLink 9955544 - Disclosure - INTANGIBLE LEASE ASSETS AND LIABILITIES - Schedule of Estimated Amortization Relating to the Intangible Lease Assets and Liabilities (Details) link:presentationLink link:calculationLink link:definitionLink 9955545 - Disclosure - INVESTMENT IN UNCONSOLIDATED ENTITIES - Narrative (Details) link:presentationLink link:calculationLink link:definitionLink 9955546 - Disclosure - INVESTMENT IN UNCONSOLIDATED ENTITIES - Schedule of Financial Information of The Unconsolidated Joint Venture (Details) link:presentationLink link:calculationLink link:definitionLink 9955547 - Disclosure - REAL ESTATE-RELATED SECURITIES AND OTHER - Narrative (Details) link:presentationLink link:calculationLink link:definitionLink 9955548 - Disclosure - REAL ESTATE-RELATED SECURITIES AND OTHER - Schedule of Real Estate Securities (Details) link:presentationLink link:calculationLink link:definitionLink 9955549 - Disclosure - REAL ESTATE-RELATED SECURITIES AND OTHER - Schedule of Activity for the Real Estate-Related Securities (Details) link:presentationLink link:calculationLink link:definitionLink 9955550 - Disclosure - REAL ESTATE-RELATED SECURITIES AND OTHER - Schedule of Maturities of the Company’s CMBS And CLO (Details) link:presentationLink link:calculationLink link:definitionLink 9955551 - Disclosure - REAL ESTATE-RELATED SECURITIES AND OTHER - Schedule of Current Expected Credit Loss (Details) link:presentationLink link:calculationLink link:definitionLink 9955552 - Disclosure - LOANS HELD-FOR-INVESTMENT - Schedule of Loans Held for Investment (Details) link:presentationLink link:calculationLink link:definitionLink 9955553 - Disclosure - LOANS HELD-FOR-INVESTMENT - Schedule of Statistics (Details) link:presentationLink link:calculationLink link:definitionLink 9955554 - Disclosure - LOANS HELD-FOR-INVESTMENT - Schedule of Activity (Details) link:presentationLink link:calculationLink link:definitionLink 9955555 - Disclosure - LOANS HELD-FOR-INVESTMENT - Schedule of CRE Loans on Carrying Values (Details) link:presentationLink link:calculationLink link:definitionLink 9955556 - Disclosure - LOANS HELD-FOR-INVESTMENT - Schedule of Current Expected Credit Losses (Details) link:presentationLink link:calculationLink link:definitionLink 9955557 - Disclosure - LOANS HELD-FOR-INVESTMENT - Narrative (Details) link:presentationLink link:calculationLink link:definitionLink 9955558 - Disclosure - LOANS HELD-FOR-INVESTMENT - Schedule of Loans Held-For-Investment Portfolio (Details) link:presentationLink link:calculationLink link:definitionLink 9955559 - Disclosure - REPURCHASE FACILITIES, NOTES PAYABLE AND CREDIT FACILITIES - Narrative (Details) link:presentationLink link:calculationLink link:definitionLink 9955560 - Disclosure - REPURCHASE FACILITIES, NOTES PAYABLE AND CREDIT FACILITIES - Schedule of Debt (Details) link:presentationLink link:calculationLink link:definitionLink 9955561 - Disclosure - REPURCHASE FACILITIES, NOTES PAYABLE AND CREDIT FACILITIES - Schedule of Note Financing Arrangements (Details) link:presentationLink link:calculationLink link:definitionLink 9955562 - Disclosure - REPURCHASE FACILITIES, NOTES PAYABLE AND CREDIT FACILITIES - Schedule of ABS Mortgage Notes (Details) link:presentationLink link:calculationLink link:definitionLink 9955563 - Disclosure - REPURCHASE FACILITIES, NOTES PAYABLE AND CREDIT FACILITIES - Schedule of Repurchase Facilities (Details) link:presentationLink link:calculationLink link:definitionLink 9955564 - Disclosure - REPURCHASE FACILITIES, NOTES PAYABLE AND CREDIT FACILITIES - Schedule of Aggregate Principal Repayments (Details) link:presentationLink link:calculationLink link:definitionLink 9955565 - Disclosure - COMMITMENTS AND CONTINGENCIES (Details) link:presentationLink link:calculationLink link:definitionLink 9955566 - Disclosure - RELATED-PARTY TRANSACTIONS AND ARRANGEMENTS - Management and Investment Advisory Fees (Details) link:presentationLink link:calculationLink link:definitionLink 9955567 - Disclosure - RELATED-PARTY TRANSACTIONS AND ARRANGEMENTS - Incentive Compensation (Details) link:presentationLink link:calculationLink link:definitionLink 9955568 - Disclosure - RELATED-PARTY TRANSACTIONS AND ARRANGEMENTS - Schedule of Related Party Transactions (Details) link:presentationLink link:calculationLink link:definitionLink 9955569 - Disclosure - RELATED-PARTY TRANSACTIONS AND ARRANGEMENTS - Due to Affiliates (Details) link:presentationLink link:calculationLink link:definitionLink 9955570 - Disclosure - RELATED-PARTY TRANSACTIONS AND ARRANGEMENTS - Schedule of Components of Due to Affiliates (Details) link:presentationLink link:calculationLink link:definitionLink 9955571 - Disclosure - RELATED-PARTY TRANSACTIONS AND ARRANGEMENTS - Development and Property Management Agreements and Investments with Affiliates of the Manager (Details) link:presentationLink link:calculationLink link:definitionLink 9955572 - Disclosure - STOCKHOLDERS’ EQUITY - Narrative (Details) link:presentationLink link:calculationLink link:definitionLink 9955573 - Disclosure - STOCKHOLDERS' EQUITY - Schedule of Non-vested Share Activity (Details) link:presentationLink link:calculationLink link:definitionLink 9955574 - Disclosure - STOCKHOLDERS' EQUITY - Schedule of Restricted Common Stock Vesting Dates (Details) link:presentationLink link:calculationLink link:definitionLink 9955575 - Disclosure - LEASES - Narrative (Details) link:presentationLink link:calculationLink link:definitionLink 9955576 - Disclosure - LEASES - Schedule of Future Minimum Rental Income (Details) link:presentationLink link:calculationLink link:definitionLink 9955577 - Disclosure - LEASES - Schedule of Components of Lease Income (Details) link:presentationLink link:calculationLink link:definitionLink 9955578 - Disclosure - SEGMENT REPORTING (Details) link:presentationLink link:calculationLink link:definitionLink 9955579 - Disclosure - SUBSEQUENT EVENTS (Details) link:presentationLink link:calculationLink link:definitionLink