FAIR VALUE MEASUREMENTS (Tables)

12 Months Ended

Dec. 31, 2022

Fair Value Disclosures [Abstract]

Schedule of Estimated Fair Value and the Unobservable Inputs for Debt Obligations

The following shows certain information about the estimated fair value and the unobservable inputs for the Company's debt obligations as of December 31, 2022 and 2021.

					Range
	Fair Value at December 31, 2022		Primary Valuation Techniques	Significant Unobservable Inputs	Minimum		Maximum		Weighted Average
Line of Credit	$	84,800	Discounted cash flow	Loan to value	51.8	%	51.9	%	51.9	%
				Market interest rate	5.96	%	5.96	%	5.96	%
Mortgage Loans Payable	179,710		Discounted cash flow	Loan to value	21.8	%	55.0	%	45.3	%
				Market interest rate	3.41	%	6.40	%	5.96	%
Note to Affiliate	4,380		Discounted cash flow	Market interest rate	6.50	%	6.50	%	6.50	%

					Range
	Fair Value at December 31, 2021		Primary Valuation Techniques	Significant Unobservable Inputs	Minimum		Maximum		Weighted Average
Line of Credit	$	82,300	Discounted cash flow	Loan to value	51.5	%	51.6	%	51.5	%
				Market interest rate	1.71	%	1.71	%	1.71	%
Mortgage Loans Payable	193,636		Discounted cash flow	Loan to value	30.1	%	57.8	%	46.3	%
				Market interest rate	2.50	%	4.05	%	3.20	%
Note to Affiliate	4,350		Discounted cash flow	Market interest rate	4.50	%	4.50	%	4.50	%

Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis

The following table details the Company’s assets and liabilities measured at fair value on a recurring basis.

	December 31, 2022
	Level 1		Level 2		Level 3		Total
Assets
Investment in marketable securities	$	26,987	$	—	$	—	$	26,987
Real estate loans held in consolidated CMBS Trust, at fair value	—		1,156,263		—		1,156,263
Total	$	26,987	$	1,156,263	$	—	$	1,183,250
Liabilities
Bonds payable held in consolidated CMBS Trust, at fair value	$	—	$	1,125,096	$	—	$	1,125,096
	December 31, 2021
Assets	Level 1		Level 2		Level 3		Total
Investment in marketable securities	$	36,825	$	—	$	—	$	36,825