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FAIR VALUE OF FINANCIAL INSTRUMENTS (Tables)
6 Months Ended
Jun. 30, 2025
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):
June 30, 2025December 31, 2024
Carrying Amount (a)Fair ValueCarrying Amount (a)Fair Value
Unsecured notes payable$1,698,241 $1,731,135 $1,539,917 $1,537,210 
Variable rate debt371,166 351,242 430,293 403,880 
Fixed rate debt
242,982 235,520 242,605 232,804 
(a)Net of deferred financing costs of $10.5 million and $9.5 million for unsecured notes payable, $0.8 million and $1.1 million for variable rate debt and $2.0 million and $2.4 million for secured fixed rate debt as of June 30, 2025 and December 31, 2024.