Quarterly report pursuant to Section 13 or 15(d)

MORTGAGES, LOANS PAYABLE AND OTHER OBLIGATIONS - Summary Of Mortgages, Loans Payable And Other Obligations (Details)

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MORTGAGES, LOANS PAYABLE AND OTHER OBLIGATIONS - Summary Of Mortgages, Loans Payable And Other Obligations (Details) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2023
Dec. 31, 2022
Jun. 21, 2022
Oct. 27, 2021
Debt Instrument [Line Items]        
Principal balance outstanding $ 1,800,000 $ 1,900,000    
Secured Debt        
Debt Instrument [Line Items]        
Principal balance outstanding 1,827,230 1,911,488    
Unamortized deferred financing costs (6,249) (7,511)    
Total mortgages, loans payable and other obligations, net 1,820,981 1,903,977    
Secured Debt | Port Imperial 4/5 Hotel        
Debt Instrument [Line Items]        
Principal balance outstanding $ 0 84,000    
Secured Debt | Portside at Pier One        
Debt Instrument [Line Items]        
Effective rate 3.57%      
Principal balance outstanding $ 58,998 58,998    
Secured Debt | Signature Place        
Debt Instrument [Line Items]        
Effective rate 3.74%      
Principal balance outstanding $ 43,000 43,000    
Secured Debt | Liberty Towers        
Debt Instrument [Line Items]        
Effective rate 3.37%      
Principal balance outstanding $ 265,000 265,000    
Secured Debt | Haus 25        
Debt Instrument [Line Items]        
Principal balance outstanding 297,324 297,324    
Borrowing capacity under the credit facility $ 300,000      
Loan period 1 year      
Extension fee 25.00%      
Secured Debt | Haus 25 | SOFR        
Debt Instrument [Line Items]        
Variable interest rate 2.70%      
Secured Debt | Haus 25 | Minimum | SOFR        
Debt Instrument [Line Items]        
Variable interest rate 2.00%      
Secured Debt | Portside 5/6        
Debt Instrument [Line Items]        
Effective rate 4.56%      
Principal balance outstanding $ 97,000 97,000    
Debt instrument, percent guaranteed 10.00%      
Secured Debt | BLVD 425        
Debt Instrument [Line Items]        
Effective rate 4.17%      
Principal balance outstanding $ 131,000 131,000    
Secured Debt | BLVD 401        
Debt Instrument [Line Items]        
Effective rate 4.29%      
Principal balance outstanding $ 117,000 117,000    
Secured Debt | The Upton        
Debt Instrument [Line Items]        
Principal balance outstanding $ 75,000 75,000    
Debt instrument, face amount       $ 75,000
Secured Debt | The Upton | SOFR        
Debt Instrument [Line Items]        
Variable interest rate 1.58%      
Secured Debt | 145 Front at City Square        
Debt Instrument [Line Items]        
Principal balance outstanding $ 63,000 63,000    
Secured Debt | 145 Front at City Square | SOFR        
Debt Instrument [Line Items]        
Variable interest rate 1.84%      
Secured Debt | Riverhouse 9 At Port Imperial        
Debt Instrument [Line Items]        
Principal balance outstanding $ 110,000 110,000 $ 110,000  
Secured Debt | Riverhouse 9 At Port Imperial | SOFR        
Debt Instrument [Line Items]        
Variable interest rate 1.41%      
Secured Debt | Quarry Place at Tuckahoe        
Debt Instrument [Line Items]        
Effective rate 4.48%      
Principal balance outstanding $ 41,000 41,000    
Secured Debt | BLVD 475 N/S        
Debt Instrument [Line Items]        
Effective rate 2.91%      
Principal balance outstanding $ 165,000 165,000    
Secured Debt | Riverhouse 11 at Port Imperial        
Debt Instrument [Line Items]        
Effective rate 4.52%      
Principal balance outstanding $ 100,000 100,000    
Secured Debt | Soho Lofts        
Debt Instrument [Line Items]        
Effective rate 3.77%      
Principal balance outstanding $ 160,000 160,000    
Secured Debt | Soho Lofts | LIBOR        
Debt Instrument [Line Items]        
Variable interest rate 2.75%      
Secured Debt | Port Imperial South 4/5 Garage        
Debt Instrument [Line Items]        
Effective rate 4.85%      
Principal balance outstanding $ 31,908 32,166    
Secured Debt | Emery at Overlook Ridge        
Debt Instrument [Line Items]        
Effective rate 3.21%      
Principal balance outstanding $ 72,000 $ 72,000