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RELATED PARTY TRANSACTIONS (Tables)
 12 Months Ended
Dec. 31, 2024
Related Party Transactions [Abstract]  
Schedule of Related Party Costs
Pursuant to the terms of these agreements, summarized below are the related-party costs incurred by the Company for the years ended December 31, 2024, 2023 and 2022, respectively, and any related amounts payable as of December 31, 2024 and 2023 (in thousands):
Incurred During the Year Ended December 31,Payable as of
December 31,
20242023202220242023
Expensed
Asset management fees to affiliate$15,551 $15,415 $13,678 $12,006 $6,855 
Property management fees (1)
2,717 2,883 1,267 — 153 
Disposition fees (2)
1,932 1,255 1,294 — — 
Capitalized
Acquisition fees on real estate— — 67 — — 
Reimbursable offering costs (3)
— 894 — 654 894 
$20,200 $20,447 $16,306 $12,660 $7,902 
_____________________
(1) Property management fees paid to DMH Realty pursuant to the property management agreement between DMH Realty and PORT are recorded as operating, maintenance, and management expenses in the accompanying consolidated statements of operations.
(2) Disposition fees with respect to real estate properties sold are recorded as a component of the gain or loss on sale of real estate in the accompanying consolidated statements of operations.
(3) Reimbursable offering costs to Pacific Oak Capital Advisors related to the terminated PORT private offering.