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LEASES (Tables)
12 Months Ended
Dec. 31, 2023
Leases [Abstract]  
Schedule of Operating Lease Future Contractual Lease Payments
The Company leases properties to tenants under operating leases with various expiration dates. Future contractual lease payments under operating leases at December 31, 2023 are as follows (in thousands):
Year
2024$348,890 
2025344,575 
2026329,584 
2027294,997 
2028262,816 
Thereafter944,863 
Schedule of Lease Costs
The table below summarizes the Company’s operating lease cost (in thousands) recognized through “Property operating expenses” on the consolidated statements of operations (in thousands):
Year Ended December 31,
Lease Cost20232022
Fixed lease cost$2,100 $2,100 
Variable lease cost57 67 
Total$2,157 $2,167 
Weighted-average remaining lease term (years)54.054.6
Weighted-average discount rate6.3 %6.3 %
Schedule of Operating Lease Liability Maturities Lease payments on noncancellable leases at December 31, 2023 are as follows (in thousands):
YearMinimum Rent
2024$1,305 
20251,321 
20261,338 
20271,355 
20281,373 
Thereafter105,065 
Total lease payments$111,757 
Less: Imputed interest88,388 
Present value of operating lease liabilities$23,369