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LEASES (Tables)
12 Months Ended
Dec. 31, 2022
Leases [Abstract]  
Schedule of Operating Lease Future Contractual Lease Payments
The Company leases properties to tenants under operating leases with various expiration dates. Future contractual lease payments under operating leases at December 31, 2022 are as follows (in thousands):
Year
2023$347,142 
2024344,641 
2025325,166 
2026304,102 
2027263,532 
Thereafter1,041,686 
Schedule of Lease Costs
The table below summarizes the Company’s operating lease cost (in thousands) recognized through “Property operating expenses” on the consolidated statements of operations (in thousands):
Year Ended December 31,
Lease Cost20222021
Fixed lease cost$2,100 $2,100 
Variable lease cost67 43 
Total$2,167 $2,143 
Weighted-average remaining lease term (years)54.655.2
Weighted-average discount rate6.3 %6.3 %
Schedule of Operating Lease Liability Maturities Lease payments on noncancellable leases at December 31, 2022 are as follows (in thousands):
YearMinimum Rent
2023$1,263 
20241,305 
20251,321 
20261,338 
20271,355 
Thereafter106,437 
Total lease payments$113,019 
Less: Imputed interest89,853 
Present value of operating lease liabilities$23,166