MORTGAGES, LOANS PAYABLE AND OTHER OBLIGATIONS - Schedule of Indebtedness (Details) - USD ($) $ in Thousands |
Dec. 31, 2023 |
Dec. 31, 2022 |
---|---|---|
Debt Instrument [Line Items] | ||
Balance | $ 1,853,897 | $ 1,903,977 |
Weighted Average Interest Rate (as a percent) | 4.34% | 4.47% |
Fixed Rate & Hedged Debt | ||
Debt Instrument [Line Items] | ||
Balance | $ 1,853,897 | $ 1,757,308 |
Weighted Average Interest Rate (as a percent) | 4.34% | 4.27% |
Fixed Rate & Hedged Debt | Interest rate caps | ||
Debt Instrument [Line Items] | ||
Notional value | $ 304,500 | $ 485,000 |
Revolving Credit Facility & Other Variable Rate Debt | ||
Debt Instrument [Line Items] | ||
Balance | $ 0 | $ 146,669 |
Weighted Average Interest Rate (as a percent) | 0.00% | 6.86% |
X | ||||||||||
- 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
|
X | ||||||||||
- Definition Weighted average interest rate of debt outstanding. No definition available.
|
X | ||||||||||
- Definition Nominal or face amount used to calculate payment on derivative. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
|
X | ||||||||||
- Definition Amount, after deduction of unamortized premium (discount) and debt issuance cost, of long-term debt. Excludes lease obligation. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
X | ||||||||||
- Details
|
X | ||||||||||
- Details
|
X | ||||||||||
- Details
|