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INVESTMENTS IN UNCONSOLIDATED ENTITIES (Details)
$ in Thousands
12 Months Ended
Dec. 31, 2024
USD ($)
property
Dec. 31, 2023
USD ($)
Dec. 31, 2022
USD ($)
Dec. 31, 2021
USD ($)
Schedule of Equity Method Investments [Line Items]        
Investment balance $ 88,087 $ 45,901    
Real estate, net 881,991 970,821    
Total assets 1,124,956 1,388,143    
Notes payable, net 1,041 78,982    
Total liabilities 969,153 1,124,779    
Total equity 155,803 263,364 $ 416,393 $ 482,059
Total revenues 133,525 145,416 162,058  
Net loss (104,872) (146,477) (41,670)  
Variable Rate Debt | Due to affiliate        
Schedule of Equity Method Investments [Line Items]        
Amount outstanding 248,700 248,700    
Line of Credit Facility, Remaining Borrowing Capacity 56,700 56,700    
Proceeds from lines of credit 29,000      
Unconsolidated Entities        
Schedule of Equity Method Investments [Line Items]        
Real estate, net 486,177 411,028    
Total assets 558,371 468,002    
Notes payable, net 446,843 410,563    
Total liabilities 484,040 427,794    
Total equity 74,331 40,208    
Total revenues 36,029 42,002 46,518  
Operating loss (47,523) (123,045) (41,923)  
Net loss $ (49,503) (51,401) $ (41,664)  
110 William Joint Venture        
Schedule of Equity Method Investments [Line Items]        
Number of real estate properties | property 1      
Ownership percentage 100.00%      
Investment balance $ 68,467 22,314    
Ownership percentage acquired 77.50%      
Pacific Oak Opportunity Zone Fund I        
Schedule of Equity Method Investments [Line Items]        
Number of real estate properties | property 4      
Ownership percentage 47.00%      
Investment balance $ 19,620 23,587    
353 Sacramento Joint Venture        
Schedule of Equity Method Investments [Line Items]        
Number of real estate properties | property 1      
Ownership percentage 55.00%      
Investment balance $ 0 $ 0