FAIR VALUE (Tables)

9 Months Ended

Sep. 30, 2022

Fair Value Disclosures [Abstract]

Schedule of Financial Instruments Measured at Fair Value on a Recurring Basis

The following table presents our financial instruments measured at fair value on a recurring basis:

							Total
(in thousands)	Level 1		Level 2		Level 3		Fair Value
As of September 30, 2022
Assets:
Derivative instruments	$	—	$	24,489	$	—	$	24,489
Total assets measured at fair value	$	—	$	24,489	$	—	$	24,489
Liabilities:
Derivative instruments	$	—	$	—	$	—	$	—
Total liabilities measured at fair value	$	—	$	—	$	—	$	—
As of December 31, 2021
Assets:
Derivative instruments	$	—	$	323	$	—	$	323
Total assets measured at fair value	$	—	$	323	$	—	$	323
Liabilities:
Derivative instruments	$	—	$	11,236	$	—	$	11,236
Total liabilities measured at fair value	$	—	$	11,236	$	—	$	11,236

Schedule of Financial Instruments Measured at Fair Value on a Nonrecurring Basis

	As of September 30, 2022				As of December 31, 2021
	Carrying		Fair		Carrying		Fair
(in thousands)	Value (1)		Value		Value (1)		Value
Assets:
Debt-related investments	$	152,927	$	152,463	$	106,463	$	106,463
DST Program Loans		88,597		84,596		62,123		62,123
Liabilities:
Line of credit	$	185,000	$	185,000	$	256,000	$	256,000
Term loans		800,000		800,000		525,000		525,000
Mortgage notes		588,146		538,881		589,554		600,467

(1) The carrying value reflects the principal amount outstanding.