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FAIR VALUE OF FINANCIAL INSTRUMENTS (Tables)
3 Months Ended
Mar. 31, 2024
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):
March 31, 2024December 31, 2023
Carrying Amount (a)Fair ValueCarrying Amount (a)Fair Value
Unsecured notes payable$1,486,215 $1,396,547 $1,486,052 $1,386,621 
Variable rate debt453,003 412,377 410,932 370,665 
Secured fixed rate debt242,036 232,653 241,847 233,088 
(a)Net of deferred financing costs of $5.4 million and $5.8 million for unsecured notes payable, $1.5 million and $1.5 million for variable rate debt and $3.0 million and $3.2 million for secured fixed rate debt as of March 31, 2024 and December 31, 2023.