Quarterly report pursuant to Section 13 or 15(d)

TRANSACTIONS WITH AFFILIATES AND AFFILIATED ENTITIES - Narrative (Details)

v3.21.2
TRANSACTIONS WITH AFFILIATES AND AFFILIATED ENTITIES - Narrative (Details)
$ / shares in Units, $ in Thousands
1 Months Ended 9 Months Ended
Sep. 14, 2021
shares
Apr. 14, 2021
shares
May 19, 2020
USD ($)
$ / shares
shares
Mar. 31, 2020
USD ($)
purchaser
Sep. 30, 2021
USD ($)
$ / shares
shares
Dec. 31, 2020
$ / shares
Related Party Transaction [Line Items]            
Management agreement, renewal term (in years)         1 year  
Termination fee, number of months' pay (in months)         12 months  
Proportion of directors' votes needed to terminate         0.6667  
Number of purchasers | purchaser       6    
Mortgage-backed securities       $ 6,100,000    
Proceeds from sale of mortgage-backed securities       3,300,000    
Options granted (in shares) | shares         7,032,500  
Common stock, par value (in dollars per share) | $ / shares     $ 0.01   $ 0.01 $ 0.01
Face amount of debt         $ 31,033,899  
Share-based Payment Arrangement, Nonemployee            
Related Party Transaction [Line Items]            
Options granted (in shares) | shares 1,900,000 5,200,000        
Stock options and common stock purchase warrants | Share-based Payment Arrangement, Nonemployee            
Related Party Transaction [Line Items]            
Options granted (in shares) | shares     43,400,000      
Percentage of lenders and recipients managed by an affiliate of the manager     0.48      
2020 Term Loan            
Related Party Transaction [Line Items]            
Debt instrument, term     3 years      
Principal amount     $ 600,000      
Fortress Purchaser            
Related Party Transaction [Line Items]            
Mortgage-backed securities       1,850,000    
Payments to acquire mortgage-backed securities       $ 1,000,000    
Manager            
Related Party Transaction [Line Items]            
Management fee rate (percent)         1.50%  
Incentive compensation percentage         25.00%  
Interest rate for incentive compensation         10.00%  
Loans Receivable | Senior Loans            
Related Party Transaction [Line Items]            
Interest rate         10.50%  
Face amount of debt         $ 181,300  
Loans Receivable | Senior Subordinated Loans            
Related Party Transaction [Line Items]            
Interest rate         16.00%  
Face amount of debt         $ 52,000