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FAIR VALUE OF FINANCIAL INSTRUMENTS (Tables)
12 Months Ended
Dec. 31, 2024
Fair Value Disclosures [Abstract]  
Schedule of Financial Instruments with Fair Values Different from their Carrying Amount
The following are financial instruments for which the Company’s estimates of fair value differ from the carrying amounts (in thousands):
December 31, 2024December 31, 2023
Carrying Amount (a)Fair ValueCarrying Amount (a)Fair Value
Unsecured notes payable$1,539,917 $1,537,210 $1,486,052 $1,386,621 
Variable rate debt$430,293 $403,880 $410,932 $370,665 
Fixed rate debt
$242,605 $232,804 $241,847 $233,088 
(a)Net of deferred financing costs of $9.5 million and $5.8 million for unsecured notes payable, $1.1 million and $1.5 million for variable rate debt and $2.4 million and $3.2 million for secured fix rate debt as of December 31, 2024 and December 31, 2023, respectively