LOANS PAYABLE AND OTHER BORROWINGS (Tables)

3 Months Ended

Mar. 31, 2025

Debt Disclosure [Abstract]

Schedule of Loans Payable and Other Borrowings

Loans payable and other borrowings consist of the following (in thousands):

	As of
	March 31, 2025		December 31, 2024
Other borrowings, secured real estate notes payable (1)	$	35,183	$	29,343
$910.0 million unsecured revolving credit facility	—		—
Total	$	35,183	$	29,343

(1)Reflects balance of non-recourse notes payable in connection with land purchases.