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FAIR VALUE MEASUREMENTS - Schedule of Derivative Instrument (Details) - USD ($)
$ in Thousands
Mar. 31, 2023
Dec. 31, 2022
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Interest Rate 7.25% 6.89%
First Mortgage | Mortgages    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Total mortgages payable $ 1,694,219 $ 1,699,491
First Mortgage | Variable rate | Mortgages    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Total mortgages payable 158,808 159,198
First Mortgage | The Plaza at Woodbridge | Variable rate | Mortgages    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Total mortgages payable   52,947
Interest Rate Cap | First Mortgage | The Plaza at Woodbridge | Variable rate | Mortgages    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Fair Value 332 509
Notional Amount $ 52,947 $ 52,947
Spread   2.26%
Interest Rate 6.82% 6.27%
Effective Interest Rate 5.26% 5.26%
Total mortgages payable $ 52,947  
Interest Rate Swap    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Fair Value 1,274 $ 1,467
Interest Rate Swap | First Mortgage | Montclair, NJ | Variable rate | Mortgages    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Notional Amount $ 7,250 $ 7,250
Spread   2.57%