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SEGMENT FINANCIAL INFORMATION (Reconciliation of Net Operating Income to Reported Net Income) (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Reconciliation of net operating income attributable to common shareholders        
Net (loss) income attributable to common stockholders $ (22,750) $ (5,588) $ (24,754) $ 15,423
Real estate-related depreciation and amortization 33,858 36,903 67,055 64,354
General and administrative expenses 2,973 2,594 6,017 4,631
Advisory fees 9,623 8,227 19,161 15,370
Performance participation allocation 0 6,186 0 18,379
Acquisition costs and reimbursements 1,849 1,093 3,018 2,722
Impairment loss on debt-related investment held for sale 1,260 0 3,780 0
Equity in loss (income) from unconsolidated joint venture partnerships 203 (1,718) 2,649 (708)
Interest expense 37,882 33,774 75,427 58,184
Gain on sale of real estate property 0 (29,643) (36,884) (83,524)
Loss on extinguishment of debt and financing commitments, net 0 0 700 0
Gain on derivative instruments (192) (982) (89) (2,532)
Provision for current expected credit losses (1,632) 0 3,998 0
Other income (1,016) (423) (2,032) (1,000)
Net (loss) income attributable to redeemable noncontrolling interests (226) (60) (244) 186
Net (loss) income attributable to noncontrolling interests (6,278) (919) (6,827) 2,618
Net operating income $ 55,554 $ 49,444 $ 110,975 $ 94,103