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ACCOUNTS PAYABLE AND ACCRUED EXPENSES (Details) - USD ($)
$ in Thousands
Sep. 30, 2023
Dec. 31, 2022
Accounts Payable and Accrued Expenses [Abstract]    
Property taxes payable $ 63,956 $ 6,823
Development costs payable 44,156 21,305
Retainage payable 14,884 11,011
Real estate improvements and capitalized leasing costs payable 6,504 5,182
Interest payable 14,205 9,597
Dividends payable 60,322 55,952
Book Overdraft [1] 3,419 13,370
Other payables and accrued expenses 10,673 13,748
Total accounts payable and accrued expenses $ 218,119 $ 136,988
[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.