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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, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Reconciliation of reported net income (loss) attributable to common stockholders to net operating income        
Net loss attributable to common stockholders $ (14,341) $ (22,750) $ (29,342) $ (24,754)
Real estate-related depreciation and amortization 36,234 33,858 71,704 67,055
General and administrative expenses 3,206 2,973 6,543 6,017
Advisory fees 9,966 9,623 19,938 19,161
Acquisition costs and reimbursements 1,445 1,849 3,488 3,018
Valuation allowance on debt-related investment 0 1,260 0 3,780
(Income) loss from unconsolidated joint venture partnerships (5,827) 203 (8,109) 2,649
Interest expense 45,885 37,882 90,119 75,427
Gain on sale of real estate property 0 0 0 (36,884)
Unrealized loss on DST Program Loans 359   359  
Unrealized gain on financing obligations (1,920)   (4,741)  
(Gain) loss on extinguishment of debt and financing obligations, net (1,100) 0 (1,100) 700
Gain on derivative instruments   (192)   (89)
Provision for current expected credit losses (469) (1,632) (602) 3,998
Other income and expenses (1,321) (1,016) (2,610) (2,032)
Income tax expense 3,938   3,938  
Net loss attributable to redeemable noncontrolling interests (108) (226) (219) (244)
Net loss attributable to noncontrolling interests (7,318) (6,278) (13,795) (6,827)
Net operating income $ 68,629 $ 55,554 $ 135,571 $ 110,975