INVESTMENTS IN UNCONSOLIDATED ENTITIES (Details) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2025 USD ($) property	Sep. 30, 2024 USD ($)	Sep. 30, 2025 USD ($) property	Sep. 30, 2024 USD ($)	Jun. 30, 2025 USD ($)	Dec. 31, 2024 USD ($)	Jun. 30, 2024 USD ($)	Dec. 31, 2023 USD ($)
Schedule of Equity Method Investments [Line Items]
Investments in unconsolidated entities	$ 64,166		$ 64,166			$ 88,087
Real estate, net	645,871		645,871			725,701
Total assets	884,799		884,799			1,124,956
Notes payable, net	66,670		66,670			107,258
Total liabilities	976,358		976,358			969,153
Total equity	(91,559)	$ 92,226	(91,559)	$ 92,226	$ 28,297	155,803	$ 138,838	$ 263,364
Total revenues	28,494	32,437	92,068	101,247
Net loss	(119,881)	(45,706)	(247,152)	(168,358)
Unconsolidated Entities
Schedule of Equity Method Investments [Line Items]
Real estate, net	431,213		431,213			486,177
Total assets	488,031		488,031			558,371
Notes payable, net	379,669		379,669			446,843
Total liabilities	426,365		426,365			484,040
Total equity	61,666		61,666			74,331
Total revenues	5,677	8,869	22,054	27,314
Operating loss	(10,230)	(13,607)	(34,332)	(35,852)
Net loss	$ (10,701)	$ (13,598)	$ (11,708)	$ (35,825)
110 William Joint Venture
Schedule of Equity Method Investments [Line Items]
Number of real estate properties | property	1		1
Investments in unconsolidated entities	$ 46,336		$ 46,336			68,467
110 William Joint Venture | Preferred Stock
Schedule of Equity Method Investments [Line Items]
Ownership %	77.50%		77.50%
110 William Joint Venture | Common Stock
Schedule of Equity Method Investments [Line Items]
Ownership %	100.00%		100.00%
Pacific Oak Opportunity Zone Fund I
Schedule of Equity Method Investments [Line Items]
Number of real estate properties | property	4		4
Ownership %	47.00%		47.00%
Investments in unconsolidated entities	$ 17,830		$ 17,830			$ 19,620