ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) (Tables)

12 Months Ended

Dec. 31, 2024

Equity [Abstract]

Schedule of Accumulated Other Comprehensive Income (Loss)

The following table details the components of accumulated other comprehensive income (loss) of the Parent Company and the Operating Partnership as of and for the three years ended December 31, 2024 (in thousands):

Parent Company	Cash Flow Hedges
Balance at January 1, 2022	$	(2,020)
Change in fair market value during year	5,371
Allocation of unrealized (gains)/losses on derivative financial instruments to noncontrolling interests	(18)
Amortization of interest rate contracts reclassified from comprehensive income to interest expense	564
Balance at December 31, 2022	$	3,897
Change in fair market value during year	(4,579)
Allocation of unrealized (gains)/losses on derivative financial instruments to noncontrolling interests	14
Amortization of interest rate contracts reclassified from comprehensive income to interest expense	—
Balance at December 31, 2023	$	(668)
Change in fair market value during year	3,200
Allocation of unrealized (gains)/losses on derivative financial instruments to noncontrolling interests	(11)
Amortization of interest rate contracts reclassified from comprehensive income to interest expense	—
Balance at December 31, 2024	$	2,521

Operating Partnership	Cash Flow Hedges
Balance at January 1, 2022	$	(2,366)
Change in fair market value during year	5,371
Amortization of interest rate contracts reclassified from comprehensive income to interest expense	564
Balance at December 31, 2022	$	3,569
Change in fair market value during year	(4,579)
Amortization of interest rate contracts reclassified from comprehensive income to interest expense	—
Balance at December 31, 2023	$	(1,010)
Change in fair market value during year	3,200
Amortization of interest rate contracts reclassified from comprehensive income to interest expense	—
Balance at December 31, 2024	$	2,190