SEGMENT DISCLOSURE - Reconciliation of Segment Operating Income to Net Income Attributable to Company (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Interest and other income	$ 14,193	$ 12,248
Asset management and other fees to related parties	(2,627)	(3,570)
Interest expense	(35,098)	(9,604)
General and administrative	(8,119)	(6,869)
Transaction costs	(4,421)	(223)
Depreciation and amortization	(52,484)	(20,348)
Gain on sale of real estate	1,104	0
(LOSS) INCOME BEFORE PROVISION FOR INCOME TAXES	(50,228)	7,076
Provision for income taxes	(1,228)	(1,131)
NET (LOSS) INCOME	(51,456)	5,945
Net loss (income) attributable to noncontrolling interests	2,971	(27)
NET (LOSS) INCOME ATTRIBUTABLE TO THE COMPANY	(48,485)	5,918
Operating Segments
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Total segment net operating income	46,954	46,824
Expense reimbursements to related parties—corporate	(2,579)	(1,929)
Corporate And Reconciling Items
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Interest and other income	447	0
Asset management and other fees to related parties	(2,627)	(3,570)
Interest expense	(31,406)	(9,052)
General and administrative	(5,453)	(4,630)
Transaction costs	(4,421)	(223)
Depreciation and amortization	(52,484)	(20,348)
Gain on sale of real estate	1,104	0
Corporate, Non-Segment
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Expense reimbursements to related parties—corporate	$ (2,342)	$ (1,925)