FAIR VALUE MEASUREMENTS - Schedule of Face Value, Carrying Amount and Fair Value of Financial Instruments (Details) - Senior unsecured notes payable - USD ($) $ in Thousands	Dec. 31, 2024	Dec. 31, 2023
Level 3 | Preferred equity investments
Financial liabilities:
Face Value	$ 53,782	$ 1,782
Level 2 | Senior unsecured notes payable
Financial liabilities:
Face Value	400,000	400,000
Carrying Amount | Level 3 | Preferred equity investments
Financial liabilities:
Preferred equity investment, fair value disclosure	54,199	1,801
Carrying Amount | Level 2 | Senior unsecured notes payable
Financial liabilities:
Notes payable, fair value disclosure	396,927	396,039
Fair Value | Level 3 | Preferred equity investments
Financial liabilities:
Preferred equity investment, fair value disclosure	54,199	1,801
Fair Value | Level 2 | Senior unsecured notes payable
Financial liabilities:
Notes payable, fair value disclosure	$ 381,812	$ 362,500