v3.25.3
RELATED-PARTY TRANSACTIONS AND ARRANGEMENTS - Development and Property Management Agreements and Investments with Affiliates of the Manager (Details)
$ in Thousands
1 Months Ended 3 Months Ended 9 Months Ended 12 Months Ended 47 Months Ended
Jan. 09, 2025
Jan. 07, 2021
building
unit
Apr. 30, 2022
USD ($)
Dec. 31, 2021
USD ($)
Oct. 31, 2021
USD ($)
Sep. 30, 2025
USD ($)
Sep. 30, 2024
USD ($)
Sep. 30, 2025
USD ($)
property
loan
Sep. 30, 2024
USD ($)
Dec. 31, 2024
USD ($)
loan
Sep. 30, 2025
USD ($)
Sep. 30, 2021
USD ($)
Related Party Transaction [Line Items]                        
Number of real estate properties secured through foreclosure | property               2        
Management fees           $ 11,681 $ 12,202 $ 35,092 $ 37,506      
Payments to acquire finance receivables         $ 119,000              
Payments to acquire equity method investments               25,919 28,220      
Return of investment in unconsolidated entities               45,602 397      
Proceeds from sale of first mortgage loan               $ 4,788 446,974      
CLO subordinated note                        
Related Party Transaction [Line Items]                        
Investment in equity securities                   $ 27,600    
MT-FT JV                        
Related Party Transaction [Line Items]                        
Equity method investment, ownership percentage           50.00%   50.00%     50.00%  
Equity method investments           $ 212,500   $ 212,500     $ 212,500  
New Point JV, LLC                        
Related Party Transaction [Line Items]                        
Equity method investment, ownership percentage           46.00%   46.00%     46.00%  
Equity method investments           $ 163,000   $ 163,000   181,400 $ 163,000  
Payments to acquire equity method investments                     $ 163,300  
N P J V Holdings                        
Related Party Transaction [Line Items]                        
Equity method investment, ownership percentage           50.00%   50.00%     50.00%  
Return of investment in unconsolidated entities               $ 41,200     $ 100,900  
Preferred equity security                        
Related Party Transaction [Line Items]                        
Related party investments                       $ 68,400
Mortgage Loan                        
Related Party Transaction [Line Items]                        
Related party investments           $ 199,900   $ 199,900     199,900 $ 138,800
Development Management Agreements                        
Related Party Transaction [Line Items]                        
Termination period (in days)               15 days        
Due to affiliates | Liquid corporate senior loans                        
Related Party Transaction [Line Items]                        
Proceeds from sale of first mortgage loan                   $ 259,700    
Number of liquid corporate senior loans closed | loan                   185    
Loan sales, traded                   $ 265,400    
Loss on sale of loans receivable                   $ (2,900)    
CIM NY Management, LLC | Development Management Agreements                        
Related Party Transaction [Line Items]                        
Management fee, percentage 4.00% 4.00%                    
Management fees               $ 318 $ 563      
Termination period (in days) 15 days                      
Operating receipt percentage 1.50%                      
First Mortgage Loans                        
Related Party Transaction [Line Items]                        
Loans held-for-investment and related receivables, net         $ 130,000              
Payments to acquire finance receivables     $ 143,000                  
Advances to affiliate           98,000   98,000     98,000  
Equity method investments     $ 147,000                  
First Mortgage Loans | CIM Commercial Lending REIT (CLR)                        
Related Party Transaction [Line Items]                        
Proceeds from sale of first mortgage loan               120,000        
First Mortgage Loans | Third-Party, Number Two                        
Related Party Transaction [Line Items]                        
Advances to affiliate           120,200   120,200     120,200  
First Mortgage Loans | Due to affiliates                        
Related Party Transaction [Line Items]                        
Loans held-for-investment and related receivables, net       $ 155,000                
Payments to acquire finance receivables       $ 154,000                
First Mortgage Loans | Due to affiliates | Third-Party, Number One | Maximum                        
Related Party Transaction [Line Items]                        
Advances to affiliate           155,000   155,000     155,000  
Corporate senior loans | Investment in Corporate Senior Loans                        
Related Party Transaction [Line Items]                        
Loans held-for-investment and related receivables, net           13,000   13,000     13,000  
Advances to affiliate           153,200   $ 153,200     153,200  
Number of loans | loan               3        
Corporate senior loans | Investment in Corporate Senior Loans | CIM RACR                        
Related Party Transaction [Line Items]                        
Loans held-for-investment and related receivables, net           1,600   $ 1,600     1,600  
Advances to affiliate           $ 153,200   $ 153,200     $ 153,200  
Number of loans | loan               11        
Condominium Units | Foreclosure Of Mezzanine Loans | Consolidated Properties                        
Related Party Transaction [Line Items]                        
Number of real estate properties secured through foreclosure | unit   75                    
Rental Units | Foreclosure Of Mezzanine Loans | Consolidated Properties                        
Related Party Transaction [Line Items]                        
Number of real estate properties secured through foreclosure | unit   21                    
Buildings | Foreclosure Of Mezzanine Loans | Consolidated Properties                        
Related Party Transaction [Line Items]                        
Number of real estate properties secured through foreclosure | building   4