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LOANS PAYABLE AND OTHER BORROWINGS (Tables)
12 Months Ended
Dec. 31, 2019
Debt Disclosure [Abstract]  
Schedule of Loans Payable and Other Borrowings
Loans payable and other borrowings consist of the following (in thousands):
At December 31,
20192018
Other borrowings, real estate note payable (1)$22,876  $14,773  
$780.0 million unsecured revolving credit facility with interest approximating LIBOR (approximately 1.76% at December 31, 2019) plus 1.375% or Prime (4.75% at December 31, 2019) plus 0.375%
—  —  
Total$22,876  $14,773  
(1)Reflects balance of non-recourse non-interest bearing notes payable in connection with land purchases as of December 31, 2019.