Quarterly report pursuant to Section 13 or 15(d)

COMMITMENTS AND CONTINGENCIES - Tax Abatement Agreements (Details)

v3.23.2
COMMITMENTS AND CONTINGENCIES - Tax Abatement Agreements (Details) - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Commitments And Contingencies [Line Items]        
Total Pilot taxes $ 1,955 $ 3,016 $ 4,055 $ 6,191
111 River Street        
Commitments And Contingencies [Line Items]        
Total Pilot taxes 0 0 0 85
Harborside Plaza 4A        
Commitments And Contingencies [Line Items]        
Total Pilot taxes 0 0 $ 0 218
Percentage of PILOT on project costs     2.00%  
Total project costs     $ 49,500  
Harborside Plaza 5        
Commitments And Contingencies [Line Items]        
Total Pilot taxes 0 1,109 $ 0 2,217
Percentage of PILOT on project costs     2.00%  
Total project costs     $ 170,900  
Blvd 401 (Marbella 2)        
Commitments And Contingencies [Line Items]        
Total Pilot taxes 461 376 $ 864 735
Blvd 401 (Marbella 2) | Years 1-4        
Commitments And Contingencies [Line Items]        
Percentage of PILOT on gross revenues     10.00%  
Blvd 401 (Marbella 2) | Years 5-8        
Commitments And Contingencies [Line Items]        
Percentage of PILOT on gross revenues     12.00%  
Blvd 401 (Marbella 2) | Years 9-10        
Commitments And Contingencies [Line Items]        
Percentage of PILOT on gross revenues     14.00%  
Riverhouse 11 at Port Imperial        
Commitments And Contingencies [Line Items]        
Total Pilot taxes 405 356 $ 779 706
Riverhouse 11 at Port Imperial | Years 1-5        
Commitments And Contingencies [Line Items]        
Percentage of PILOT on gross revenues     12.00%  
Riverhouse 11 at Port Imperial | Years 6-10        
Commitments And Contingencies [Line Items]        
Percentage of PILOT on gross revenues     13.00%  
Riverhouse 11 at Port Imperial | Years 11-15        
Commitments And Contingencies [Line Items]        
Percentage of PILOT on gross revenues     14.00%  
Port Imperial 4/5 Hotel        
Commitments And Contingencies [Line Items]        
Total Pilot taxes 0 733 $ 224 1,466
Percentage of PILOT on project costs     2.00%  
Riverhouse 9 At Port Imperial        
Commitments And Contingencies [Line Items]        
Total Pilot taxes 372 318 $ 754 640
Riverhouse 9 At Port Imperial | Years 1-10        
Commitments And Contingencies [Line Items]        
Percentage of PILOT on gross revenues     11.00%  
Riverhouse 9 At Port Imperial | Years 11-18        
Commitments And Contingencies [Line Items]        
Percentage of PILOT on gross revenues     12.50%  
Riverhouse 9 At Port Imperial | Years 19-25        
Commitments And Contingencies [Line Items]        
Percentage of PILOT on gross revenues     14.00%  
Haus 25        
Commitments And Contingencies [Line Items]        
Total Pilot taxes 573 124 $ 1,147 124
Percentage of PILOT on gross revenues     7.00%  
Project period     25 years  
The James        
Commitments And Contingencies [Line Items]        
Total Pilot taxes $ 144 $ 0 $ 287 $ 0
Percentage of PILOT on gross revenues     10.00%  
Project period     30 years  
The James | Years 11-21        
Commitments And Contingencies [Line Items]        
Percentage of PILOT on gross revenues     11.50%  
The James | Years 22-30        
Commitments And Contingencies [Line Items]        
Percentage of PILOT on gross revenues     12.50%