RELATED-PARTY TRANSACTIONS - Due to Related Parties (Details) - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
Related Party Transaction [Line Items]
Due to related parties	$ 8,864	$ 3,463
Affiliated Entity
Related Party Transaction [Line Items]
Due to related parties	8,864	3,463
Asset management fees | Affiliated Entity
Related Party Transaction [Line Items]
Due to related parties	939	555
Property management fees and reimbursements | Affiliated Entity
Related Party Transaction [Line Items]
Due to related parties	4,500	1,505
Expense reimbursements | Corporate | Affiliated Entity
Related Party Transaction [Line Items]
Due to related parties	1,204	613
Expense reimbursements | Operating Segments | Affiliated Entity
Related Party Transaction [Line Items]
Due to related parties	1,337	156
Upfront dealer manager and trailing dealer manager fees | Affiliated Entity
Related Party Transaction [Line Items]
Due to related parties	191	283
Non-issuance specific offering costs | Affiliated Entity
Related Party Transaction [Line Items]
Due to related parties	289	61
Other amounts due to the CIM Management Entities and certain of its affiliates | Affiliated Entity
Related Party Transaction [Line Items]
Due to related parties	$ 404	$ 290