v3.25.2
REAL ESTATE INVESTMENTS, NET AND INTANGIBLE ASSETS AND LIABILITIES, NET - Intangible Real Estate Assets, Net (Details) - USD ($)
$ in Thousands
Jun. 30, 2025
Dec. 31, 2024
Finite-Lived Intangible Assets [Line Items]    
Finance leases - right of use asset $ 14,040 $ 14,040
Total 210,240 201,969
Less: accumulated amortization (87,991) (78,356)
Intangible real estate assets, net $ 122,249 $ 123,613
Finance Lease, Right-of-Use Asset, Statement of Financial Position [Extensible Enumeration] Intangible real estate assets, net Intangible real estate assets, net
Acquired in-place lease intangibles    
Finite-Lived Intangible Assets [Line Items]    
Intangible lease assets, gross $ 167,894 $ 159,693
Above-market leases    
Finite-Lived Intangible Assets [Line Items]    
Intangible lease assets, gross 13,821 13,821
Lease incentives    
Finite-Lived Intangible Assets [Line Items]    
Intangible lease assets, gross 10,178 10,108
Tenant improvements intangible    
Finite-Lived Intangible Assets [Line Items]    
Intangible lease assets, gross 3,605 3,605
Direct lease cost    
Finite-Lived Intangible Assets [Line Items]    
Intangible lease assets, gross $ 702 $ 702