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REVOLVING CREDIT FACILITY AND TERM LOANS (Details)
$ in Thousands
3 Months Ended 9 Months Ended
Apr. 22, 2024
USD ($)
draw
property
lender
extension
Sep. 30, 2024
USD ($)
Sep. 30, 2024
USD ($)
Sep. 30, 2023
USD ($)
Dec. 31, 2023
USD ($)
Jul. 25, 2023
USD ($)
lender
Line of Credit Facility [Line Items]            
Loan balance   $ 1,700,000 $ 1,700,000   $ 1,900,000  
Borrowings from term loans     200,000 $ 115,000    
Revolving Credit Facility | Credit Agreement | Line of Credit            
Line of Credit Facility [Line Items]            
Number of lenders | lender 8         2
Secured debt $ 300,000         $ 60,000
Loan period 3 years          
Number of extensions | extension 1          
Extension option period 12 months          
Number of properties with first priority lien | property 5          
Appraisal value $ 900,000 900,000 900,000      
Loan balance   $ 157,000 157,000      
Decrease in interest rate   0.05%        
Decrease in commitment fee percentage   0.01%        
Borrowings from term loans   $ 157,000 $ 157,000      
Effective rate (as a percent)   6.28% 6.28%      
Revolving Credit Facility | Credit Agreement | Line of Credit | Debt Covenant Period One            
Line of Credit Facility [Line Items]            
Total leverage ratio 65.00%          
Debt service coverage ratio 125.00%          
Tangible net worth ratio 80.00%          
Percentage of net cash proceeds of equity issuances 80.00%          
Percentage of maximum unhedged variable rate debt ratio 30.00%          
Revolving Credit Facility | Credit Agreement | Line of Credit | Debt Covenant Period Two            
Line of Credit Facility [Line Items]            
Total leverage ratio 60.00%          
Debt service coverage ratio 150.00%          
Tangible net worth ratio 80.00%          
Percentage of net cash proceeds of equity issuances 80.00%          
Percentage of maximum unhedged variable rate debt ratio 30.00%          
Revolving Credit Facility | Credit Agreement | Line of Credit | Alternative Base Rate            
Line of Credit Facility [Line Items]            
Interest rate, variable (as a percent) 1.00%          
Revolving Credit Facility | Credit Agreement | Line of Credit | NYFRB Rate            
Line of Credit Facility [Line Items]            
Interest rate, variable (as a percent) 0.50%          
Revolving Credit Facility | Credit Agreement | Line of Credit | Adjusted Term SOFR            
Line of Credit Facility [Line Items]            
Interest rate, variable (as a percent) 1.00%          
Revolving Credit Facility | Credit Agreement | Line of Credit | Adjusted Term SOFR Subject to Floor            
Line of Credit Facility [Line Items]            
Interest rate, variable (as a percent) 0.00%          
Revolving Credit Facility | Credit Agreement | Line of Credit | Term SOFR            
Line of Credit Facility [Line Items]            
Interest rate, variable (as a percent) 0.10%          
Revolving Credit Facility | Credit Agreement | Line of Credit | Adjusted Daily Effective SOFR            
Line of Credit Facility [Line Items]            
Interest rate, variable (as a percent) 0.00%          
Revolving Credit Facility | Credit Agreement | Line of Credit | Secured Overnight Financing Rate (SOFR)            
Line of Credit Facility [Line Items]            
Interest rate, variable (as a percent) 0.10%          
Revolving Credit Facility | Credit Agreement | Line of Credit | Minimum            
Line of Credit Facility [Line Items]            
Facility fee basis points 0.25%          
Interest rate, variable (as a percent) 1.00%          
Revolving Credit Facility | Credit Agreement | Line of Credit | Maximum            
Line of Credit Facility [Line Items]            
Facility fee basis points 0.35%          
Interest rate, variable (as a percent) 2.00%          
Term Loan | Credit Agreement | Line of Credit            
Line of Credit Facility [Line Items]            
Secured debt $ 200,000         $ 115,000
Loan period 3 years          
Number of extensions | extension 1          
Extension option period 12 months          
Facility fee basis points 0.35%          
Number of draws | draw 3          
Loan balance $ 200,000 $ 200,000 $ 200,000      
Borrowings from term loans   $ 145,000 $ 200,000      
Effective rate (as a percent)   6.21% 6.21%