LEASES - Components of ground lease rent expense (Details) - USD ($) $ in Thousands |
11 Months Ended | 12 Months Ended | |
|---|---|---|---|
Dec. 31, 2021 |
Dec. 31, 2023 |
Dec. 31, 2022 |
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| Real Estate [Line Items] | |||
| Amortization of below market lease intangibles | $ 7,232 | $ 5,561 | $ 6,284 |
| Ground rent lease expense | 5,981 | 6,160 | |
| Ground lease | |||
| Real Estate [Line Items] | |||
| Amortization of below market lease intangibles | 1,609 | 1,460 | 1,639 |
| Amortization of right-of-use assets | 950 | 1,012 | 1,025 |
| Interest expense | 4,150 | 4,137 | |
| Ground rent lease expense | 5,782 | ||
| Above market lease intangibles | |||
| Real Estate [Line Items] | |||
| Amortization of above market ground lease intangibles | (7,637) | (7,768) | (7,975) |
| Above market lease intangibles | Ground lease | |||
| Real Estate [Line Items] | |||
| Amortization of above market ground lease intangibles | (587) | $ (641) | $ (641) |
| Interest expense | $ (3,810) | ||
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- Definition Amount of amortization of acquired leases acquired as part of a real property acquisition at below market lease rate with a finite life. No definition available.
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- Definition The aggregate expense charged against earnings to allocate the cost of intangible assets (nonphysical assets not used in production) in a systematic and rational manner to the periods expected to benefit from such assets. As a noncash expense, this element is added back to net income when calculating cash provided by or used in operations using the indirect method. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of the cost of borrowed funds accounted for as interest expense. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount of operating lease expense. Excludes sublease income. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Amount of periodic reduction over lease term of carrying amount of right-of-use asset from operating lease. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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