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SEGMENT FINANCIAL INFORMATION (Reconciliation of Net Operating Income to Reported Net Income) (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Reconciliation of net operating income attributable to common shareholders        
Net (loss) income attributable to common stockholders $ (5,588) $ (8,583) $ 15,423 $ 8,982
Debt-related income (846) (2,319) (4,314) (4,443)
Real estate-related depreciation and amortization 36,903 17,174 64,354 33,907
General and administrative expenses 2,594 2,181 4,631 4,399
Advisory fees, related party 8,227 5,085 15,370 9,909
Performance participation allocation 6,186 2,246 18,379 3,995
Acquisition costs and reimbursements 1,093 346 2,722 713
Impairment of real estate property 0 0 0 758
Equity in income from unconsolidated joint venture partnerships (1,718) 0 (708) 0
Other income (1,413) (476) (3,540) (750)
Interest expense 33,774 17,048 58,184 33,611
Gain on sale of real estate property (29,643) 0 (83,524) (27,342)
Gain on extinguishment of debt and financing commitments, net 8 0 8 0
Net (loss) income attributable to redeemable noncontrolling interests (60) (64) 186 70
Net (loss) income attributable to noncontrolling interests (919) (923) 2,618 776
Net operating income $ 48,598 $ 31,715 $ 89,789 $ 64,585