REVOLVING CREDIT FACILITY AND TERM LOANS (Details) $ in Thousands |
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1 Months Ended |
9 Months Ended |
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Jul. 27, 2021
USD ($)
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Dec. 31, 2020 |
Jun. 30, 2021
USD ($)
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Sep. 30, 2022
USD ($)
property
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Dec. 31, 2021
USD ($)
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May 06, 2021
USD ($)
lender
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| Line of Credit Facility [Line Items] |
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| Loan balance |
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$ 2,200,000
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$ 2,400,000
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| Outstanding borrowings under the facility |
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$ 109,000
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148,000
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| 2021 Credit Facility | Until May 6, 2022 |
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| Line of Credit Facility [Line Items] |
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| Debt service coverage ratio |
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1.10%
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| 2021 Credit Facility | May 7, 2022 through May 6, 2023 |
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| Line of Credit Facility [Line Items] |
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| Debt service coverage ratio |
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1.20%
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| 2021 Credit Facility | After May 6, 2023 |
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| Line of Credit Facility [Line Items] |
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| Debt service coverage ratio |
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1.40%
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| 2021 Term Loan |
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| Line of Credit Facility [Line Items] |
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| Loan period |
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18 months
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| 2021 Credit Agreement |
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| Line of Credit Facility [Line Items] |
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| Loan period |
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3 years
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| 2021 Credit Agreement, Letter Of Credit |
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| Line of Credit Facility [Line Items] |
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| Borrowing capacity under the credit facility |
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$ 50,000
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| 2021 Credit Facility, Usage Less Or Equal To Fifty Percent |
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| Line of Credit Facility [Line Items] |
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| Facility fee basis points |
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0.35%
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| 2021 Credit Facility, Usage Greater Than Fifty Percent |
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| Line of Credit Facility [Line Items] |
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| Facility fee basis points |
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0.25%
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| 2021 Credit Facility |
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| Line of Credit Facility [Line Items] |
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| Number of lenders | lender |
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7
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| Secured debt |
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$ 250,000
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| Variable interest rate |
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0.12%
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| Maximum collateral pool leverage ratio |
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40.00%
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| Tangible net worth ratio |
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80.00%
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| Percentage of net cash proceeds of equity issuances |
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80.00%
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| 2021 Credit Facility | 2021 Credit Facility | Overnight Bank Funding Rate |
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| Line of Credit Facility [Line Items] |
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| Variable interest rate |
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0.50%
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| 2021 Credit Facility | 2021 Credit Facility | Adjusted LIBO Rate |
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| Line of Credit Facility [Line Items] |
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| Variable interest rate |
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1.00%
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| 2021 Credit Facility | 2021 Credit Agreement | Harborside 2/3 And Harborside 5 |
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| Line of Credit Facility [Line Items] |
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| Appraisal value |
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$ 800,000
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| 2021 Credit Facility | Minimum |
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| Line of Credit Facility [Line Items] |
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| Variable interest rate |
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1.25%
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| Number of collateral pool properties | property |
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2
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| 2021 Credit Facility | Minimum | 2021 Credit Facility |
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| Line of Credit Facility [Line Items] |
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| Appraisal value |
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$ 800,000
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| 2021 Credit Facility | Maximum |
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| Line of Credit Facility [Line Items] |
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| Variable interest rate |
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2.75%
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| Total leverage ratio |
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65.00%
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| 2021 Term Loan |
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| Line of Credit Facility [Line Items] |
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| Secured debt |
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150,000
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| Borrowing capacity under the credit facility |
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$ 150,000
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| Loan balance |
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150,000
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| Debt paid |
$ 27,000
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$ 123,000
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| 2021 Term Loan | Harborside 2/3 And Harborside 5 |
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| Line of Credit Facility [Line Items] |
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| Appraisal value |
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800,000
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| 2021 Credit Agreement |
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| Line of Credit Facility [Line Items] |
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| Borrowing capacity under the credit facility |
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$ 250,000
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| Outstanding borrowings under the facility |
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$ 145,000
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| 2021 Credit Agreement | Overnight Bank Funding Rate |
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| Line of Credit Facility [Line Items] |
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| Variable interest rate |
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0.00%
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| 2021 Credit Agreement | Adjusted LIBO Rate |
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| Line of Credit Facility [Line Items] |
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| Variable interest rate |
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1.00%
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| Unsecured Term Loan | Unsecured Revolving Credit Facility |
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| Line of Credit Facility [Line Items] |
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| Loan balance |
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$ 148,000
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| Outstanding borrowings under the facility |
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$ 109,000
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