SEGMENT REPORTING (Details) $ in Thousands	3 Months Ended		6 Months Ended
SEGMENT REPORTING (Details) $ in Thousands	Jun. 30, 2025 USD ($)	Jun. 30, 2024 USD ($)	Jun. 30, 2025 USD ($) segment	Jun. 30, 2024 USD ($)	Dec. 31, 2024 USD ($)
Segment Reporting Information [Line Items]
Number of reportable segments \| segment			2
Revenues:
Rental and other property income	$ 29,179	$ 23,562	$ 57,987	$ 48,136
Interest income	78,011	98,309	155,607	208,164
Total revenues	107,190	121,871	213,594	256,300
Expenses:
General and administrative	7,149	6,111	12,764	12,261
Interest expense, net	44,838	63,937	90,088	129,513
Property operating	4,435	2,323	6,900	6,330
Real estate tax	1,318	1,173	2,322	2,451
Expense reimbursements to related parties	3,411	3,726	6,414	6,719
Management fees	11,688	12,613	23,411	25,304
Transaction-related	84	6	143	66
Depreciation and amortization	9,770	8,397	18,598	16,939
Real estate impairment	648	56,932	7,674	56,932
Increase in provision for credit losses	5,201	216,898	66,978	284,015
Total expenses	88,542	372,116	235,292	540,530
Other income (expense):
Gain on disposition of real estate and condominium developments, net	4,044	2,468	5,596	3,250
Gain on investment in unconsolidated entities	2,911	2,742	3,922	5,267
Unrealized (loss) gain on equity securities	(2,110)	(4,229)	1,190	(15,642)
Other income, net	1,722	3,463	3,331	7,012
Total other income (expense)	6,567	4,444	14,039	(113)
Net income (loss)	25,215	(245,801)	(7,659)	(284,343)
Net income allocated to non-controlling interest	23	0	32	0
Net income (loss) attributable to the Company	25,192	(245,801)	(7,691)	(284,343)
Total assets	5,044,210	5,909,930	5,044,210	5,909,930	$ 5,197,749
Operating Segments \| Real Estate
Revenues:
Rental and other property income	29,179	23,492	57,919	47,949
Interest income	0	0	0	0
Total revenues	29,179	23,492	57,919	47,949
Expenses:
General and administrative	60	117	127	245
Interest expense, net	5,885	5,811	11,706	11,622
Property operating	2,830	765	4,473	1,826
Real estate tax	1,253	833	2,139	1,874
Expense reimbursements to related parties	0	0	0	0
Management fees	2,376	2,034	4,672	4,172
Transaction-related	61	0	114	0
Depreciation and amortization	9,770	8,397	18,598	16,939
Real estate impairment	648	51,469	7,674	51,469
Increase in provision for credit losses	0	0	0	0
Total expenses	22,883	69,426	49,503	88,147
Other income (expense):
Gain on disposition of real estate and condominium developments, net	0	0	411	0
Gain on investment in unconsolidated entities	0	0	0	0
Unrealized (loss) gain on equity securities	0	0	0	0
Other income, net	18	80	59	148
Total other income (expense)	18	80	470	148
Net income (loss)	6,314	(45,854)	8,886	(40,050)
Net income allocated to non-controlling interest	0		0
Net income (loss) attributable to the Company	6,314		8,886
Total assets	1,026,587	1,033,875	1,026,587	1,033,875
Operating Segments \| Credit
Revenues:
Rental and other property income	0	0	0	0
Interest income	78,011	98,309	155,607	208,164
Total revenues	78,011	98,309	155,607	208,164
Expenses:
General and administrative	639	956	1,318	2,003
Interest expense, net	38,953	58,126	78,382	117,891
Property operating	0	0	0	0
Real estate tax	0	0	0	0
Expense reimbursements to related parties	0	0	0	0
Management fees	9,312	10,579	18,739	21,132
Transaction-related	0	6	0	18
Depreciation and amortization	0	0	0	0
Real estate impairment	0	0	0	0
Increase in provision for credit losses	5,201	216,898	66,978	284,015
Total expenses	54,105	286,565	165,417	425,059
Other income (expense):
Gain on disposition of real estate and condominium developments, net	0	0	0	0
Gain on investment in unconsolidated entities	2,911	2,742	3,922	5,267
Unrealized (loss) gain on equity securities	(2,110)	(4,229)	1,190	(15,642)
Other income, net	769	2,175	1,451	4,381
Total other income (expense)	1,570	688	6,563	(5,994)
Net income (loss)	25,476	(187,568)	(3,247)	(222,889)
Net income allocated to non-controlling interest	23		32
Net income (loss) attributable to the Company	25,453		(3,279)
Total assets	3,860,787	4,647,726	3,860,787	4,647,726
Corporate/Other
Revenues:
Rental and other property income	0	70	68	187
Interest income	0	0	0	0
Total revenues	0	70	68	187
Expenses:
General and administrative	6,450	5,038	11,319	10,013
Interest expense, net	0	0	0	0
Property operating	1,605	1,558	2,427	4,504
Real estate tax	65	340	183	577
Expense reimbursements to related parties	3,411	3,726	6,414	6,719
Management fees	0	0	0	0
Transaction-related	23	0	29	48
Depreciation and amortization	0	0	0	0
Real estate impairment	0	5,463	0	5,463
Increase in provision for credit losses	0	0	0	0
Total expenses	11,554	16,125	20,372	27,324
Other income (expense):
Gain on disposition of real estate and condominium developments, net	4,044	2,468	5,185	3,250
Gain on investment in unconsolidated entities	0	0	0	0
Unrealized (loss) gain on equity securities	0	0	0	0
Other income, net	935	1,208	1,821	2,483
Total other income (expense)	4,979	3,676	7,006	5,733
Net income (loss)	(6,575)	(12,379)	(13,298)	(21,404)
Net income allocated to non-controlling interest	0		0
Net income (loss) attributable to the Company	(6,575)		(13,298)
Total assets	$ 156,836	$ 228,329	$ 156,836	$ 228,329

CIM REAL ESTATE FINANCE TRUST, INC. 10-Q