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INVESTMENTS IN UNCONSOLIDATED JOINT VENTURES - Statement of operations (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Revenues      
Total revenues $ 3,542 $ 33,602 $ 42,984
Operating Expenses      
Total operating expenses 8,518 43,312 51,596
Operating loss (4,976) (9,710) (8,612)
Net income (loss) attributable to common stockholders 5,603 (39,019) (20,690)
Equity in net loss from unconsolidated joint ventures (5,962) (4) 804
Unconsolidated Joint Ventures      
Revenues      
Total revenues 22,367 1,788 11,383
Operating Expenses      
Total operating expenses (16,410)    
Operating loss 5,957 1,788 11,383
Other expenses (41,331) (1,823) (894)
Net income (loss) attributable to common stockholders (35,374) (35) 10,489
Equity in net loss from unconsolidated joint ventures $ (5,962) $ (4) $ 5,294