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ACCOUNTS PAYABLE AND ACCRUED EXPENSES (Details) - USD ($)
$ in Thousands
Dec. 31, 2021
Dec. 31, 2020
Accounts Payable and Accrued Liabilities [Abstract]    
Property taxes payable $ 4,494 $ 3,524
Development costs payable 17,529 4,004
Retainage payable 10,576 2,423
Real estate improvements and capitalized leasing costs payable 5,798 5,692
Interest payable 6,547 6,537
Dividends payable 46,864 32,677
Book overdraft [1] 4,845 5,176
Other payables and accrued expenses 13,107 9,540
Total accounts payable and accrued expenses $ 109,760 $ 69,573
[1] Represents checks written before the end of the period which have not cleared the bank; therefore, the bank has not yet advanced cash to the Company. When the checks clear the bank, they will be funded through the Company’s working cash line of credit, which is included in the Company’s Unsecured bank credit facilities. See Note 1(p).