MORTGAGES, LOANS PAYABLE AND OTHER OBLIGATIONS - Schedule of Indebtedness (Details) - USD ($) $ in Thousands |
Sep. 30, 2024 |
Dec. 31, 2023 |
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Debt Instrument [Line Items] | ||
Totals/Weighted Average, net of unamortized deferred financing costs | $ 1,677,916 | $ 1,853,897 |
Weighted Average Interest Rate | 4.94% | 4.34% |
Interest Rate Caps | Term Loan | ||
Debt Instrument [Line Items] | ||
Notional value | $ 200,000 | |
Fixed Rate & Hedged Debt, including Term Loan and Revolving Credit Facility | ||
Debt Instrument [Line Items] | ||
Balance | $ 1,670,916 | $ 1,853,897 |
Weighted Average Interest Rate | 4.93% | 4.34% |
Fixed Rate & Hedged Debt, including Term Loan and Revolving Credit Facility | Interest Rate Caps | ||
Debt Instrument [Line Items] | ||
Balance | $ 591,500 | $ 304,500 |
Unhedged Portion of Revolving Credit Facility | ||
Debt Instrument [Line Items] | ||
Balance | $ 7,000 | $ 0 |
Weighted Average Interest Rate | 7.65% | 0.00% |
Unamortized deferred financing costs | $ 5,100 |
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- Definition Amount of short-term and long-term debt and lease obligation. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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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/exampleRef
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- Definition Amount of unamortized debt discount (premium) and debt issuance costs. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Weighted average interest rate of debt outstanding. No definition available.
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- Definition Nominal or face amount used to calculate payment on derivative. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- 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
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