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FAIR VALUE OF FINANCIAL INSTRUMENTS (Tables)
6 Months Ended
Jun. 30, 2023
Fair Value Disclosures [Abstract]  
Schedule of Financial Instruments with Fair Values Different from their Carrying Amount The following are financial instruments for which the Company’s estimates of fair value differ from the carrying amounts (in thousands):
June 30, 2023December 31, 2022
Carrying Amount (a)Fair ValueCarrying Amount (a)Fair Value
Unsecured notes payable$1,495,763 $1,269,445 $1,549,760 $1,411,351 
Variable rate debt$396,675 $354,862 $415,278 $386,988 
Secured fixed rate debt$241,383 $234,244 $— $— 
(a)Net of deferred financing costs of $6.7 million and $7.5 million for unsecured notes payable, $1.9 million and $1.8 million for variable rate debt and $3.6 million and $0.0 million for secured fixed rate debt as of June 30, 2023 and December 31, 2022.