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ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) (Tables)
12 Months Ended
Dec. 31, 2019
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]  
Schedule of Accumulated Other Comprehensive Income (Loss)
The following table details the components of accumulated other comprehensive income (loss) of the Parent Company and the Operating Partnership as of and for the three years ended December 31, 2019 (in thousands):
Parent Company
 
Cash Flow Hedges
Balance at January 1, 2017
 
$
(1,745
)
Change in fair market value during year
 
2,948

Allocation of unrealized (gains)/losses on derivative financial instruments to noncontrolling interests
 
(34
)
Amortization of interest rate contracts reclassified from comprehensive income to interest expense
 
1,230

Balance at December 31, 2017
 
$
2,399

Change in fair market value during year
 
1,478

Allocation of unrealized (gains)/losses on derivative financial instruments to noncontrolling interests
 
(39
)
Amortization of interest rate contracts reclassified from comprehensive income to interest expense
 
1,191

Balance at December 31, 2018
 
$
5,029

Change in fair market value during year
 
(8,210
)
Allocation of unrealized (gains)/losses on derivative financial instruments to noncontrolling interests
 
41

Amortization of interest rate contracts reclassified from comprehensive income to interest expense
 
770

Balance at December 31, 2019
 
$
(2,370
)
Operating Partnership
 
Cash Flow Hedges
Balance at January 1, 2017
 
$
(2,122
)
Change in fair market value during year
 
2,948

Amortization of interest rate contracts reclassified from comprehensive income to interest expense
 
1,230

Balance at December 31, 2017
 
$
2,056

Change in fair market value during year
 
1,478

Amortization of interest rate contracts reclassified from comprehensive income to interest expense
 
1,191

Balance at December 31, 2018
 
$
4,725

Change in fair market value during year
 
(8,210
)
Amortization of interest rate contracts reclassified from comprehensive income to interest expense
 
770

Balance at December 31, 2019
 
$
(2,715
)