SEGMENT FINANCIAL INFORMATION (Reconciliation of Net Operating Income to Reported Net Income) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2025	Dec. 31, 2024	Dec. 31, 2023
Reconciliation of reported net income (loss) attributable to common stockholders to net operating income
Net loss attributable to common stockholders	$ (124,764)	$ (111,058)	$ (204,674)
Real estate-related depreciation and amortization	304,989	291,872	294,111
General and administrative expenses	16,799	17,194	15,313
Advisory fees	67,153	66,048	74,092
Acquisition costs and reimbursements	2,824	3,036	10,217
Equity in (income) loss from unconsolidated joint venture partnerships	(70)	(5,228)	118
Interest expense	278,808	259,302	190,382
Loss (gain) on financing obligations	7,823	(194)	(179)
Gain on extinguishment of debt and financing obligations, net	(53,940)	(31,250)	0
Gain on derivative instruments	(830)	(2,288)	(5,124)
Net gain on sale of real estate property	0	(56,923)	0
Other income and expenses	(5,219)	(8,633)	(10,191)
Net loss attributable to redeemable noncontrolling interests	(3,639)	(3,353)	(5,587)
Net (loss) income attributable to noncontrolling interests	(33,550)	(15,934)	38
Net operating income	$ 456,384	$ 402,591	$ 358,516