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REAL ESTATE PROPERTIES - Summary of Real Estate Properties Owned (Details) - USD ($)
$ in Thousands
3 Months Ended 12 Months Ended
Dec. 31, 2022
Sep. 30, 2022
Jun. 30, 2022
Mar. 31, 2022
Dec. 31, 2021
Sep. 30, 2021
Jun. 30, 2021
Mar. 31, 2021
Dec. 31, 2022
Dec. 31, 2021
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate [Roll Forward]                    
Balance at the beginning of the period       $ 293,550         $ 293,550  
Depreciation $ (8,031) $ (8,165) $ (5,010) (3,606) $ (3,285) $ (1,787) $ (1,416) $ (1,537) (24,812) $ (8,025)
Balance at the end of the period 651,603       293,550       651,603 293,550
Multi-family                    
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate [Roll Forward]                    
Balance at the beginning of the period       291,538         291,538  
Partner Buyouts                 370,513  
Improvements                 6,295  
Depreciation                 (18,645)  
Balance at the end of the period 649,701       291,538       649,701 291,538
Retail shopping center - Yonkers, NY/Other | Yonkers, NY and other | Newark Joint Venture                    
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate [Roll Forward]                    
Balance at the beginning of the period       2,012         2,012  
Partner Buyouts                 0  
Improvements                 0  
Depreciation                 (110)  
Balance at the end of the period 1,902       2,012       1,902 2,012
Total real estate properties                    
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate [Roll Forward]                    
Balance at the beginning of the period       $ 293,550         293,550  
Partner Buyouts                 370,513  
Improvements                 6,295  
Depreciation                 (18,755)  
Balance at the end of the period $ 651,603       $ 293,550       $ 651,603 $ 293,550