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PROPERTY AND EQUIPMENT, NET (Tables)
3 Months Ended
Mar. 31, 2024
Property, Plant and Equipment [Abstract]  
Schedule of Property and Equipment, Net
The Company’s property and equipment, net, at March 31, 2024 and December 31, 2023 was comprised of the following (in thousands):
March 31,
2024
December 31,
2023
Land$4,819 $4,819 
Buildings and building improvements54,958 54,737 
Tenant improvements26,122 25,451 
Furniture and fixtures2,191 2,191 
Machinery and equipment17,685 16,394 
Construction in progress1,574 427 
107,349 104,019 
Less: accumulated depreciation(16,584)(14,916)
Property and equipment, net$90,765 $89,103