SEGMENT INFORMATION - Reconciliation of Consolidated Net Income to Consolidated NOI (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Segment Reporting [Abstract]
Net income (loss)	$ (196,487)	$ (197,403)	$ 53,992
Plus:
Interest expense	116,306	95,456	68,764
Interest expense - amortization of deferred financing costs	5,000	4,369	3,091
Depreciation and amortization	178,168	188,797	177,984
General and administrative expenses	42,781	34,862	35,006
Equity in loss of unconsolidated real estate ventures	191,585	77,915	22,016
Provision for impairment	44,655	131,573	4,663
Gain (loss) on early extinguishment of debt	(941)	(138)	435
Less:
Interest and investment income	3,847	1,671	1,905
Income tax provision	(14)	(72)	(55)
Net gain on disposition of real estate	2,297	7,736	17,677
Net gain on sale of undepreciated real estate	0	1,211	8,007
Net gain on real estate venture transactions	56,750	181	26,718
Net operating income	$ 318,187	$ 324,704	$ 311,699