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REAL ESTATE INVESTMENTS (Tables)
6 Months Ended
Jun. 30, 2025
Real Estate [Abstract]  
Schedule of Gross Carrying Value of Operating Properties
As of June 30, 2025 and December 31, 2024, the gross carrying value of the Properties, reflected in the line item “Operating properties” in the Company's consolidated balance sheets, was as follows (in thousands):
June 30, 2025December 31, 2024
Land$344,610 $361,861 
Building and improvements2,436,533 2,551,089 
Tenant improvements479,354 461,830 
Operating properties$3,260,497 $3,374,780 
Assets held for sale - real estate investments53,886 — 
Total$3,314,383 $3,374,780 
Schedule of Properties Classified as Held for Sale
The following is a summary of the property classified as held for sale as of June 30, 2025 (in thousands):

Held for Sale Property
June 30, 2025
ASSETS HELD FOR SALE
Real estate investments:
Operating properties
$58,801 
Accumulated depreciation
(8,979)
Operating real estate investments, net
49,822 
Construction-in-progress
82 
Total real estate investments, net
49,904 
Deferred costs, net1,261 
Intangible assets, net328 
Accrued Rent Receivable2,393 
Total assets held for sale, net
$53,886 
LIABILITIES HELD FOR SALE
Intangible liabilities, net(182)
Total liabilities held for sale, net
$(182)