REAL ESTATE ASSETS (Tables) |
6 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||
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Jun. 30, 2025 | |||||||||||||||||||||||||||||||||||||||||||||||||
| Real Estate [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||
| Schedule of Purchase Price Allocation for Asset Acquisition | The following table summarizes the purchase price allocation for the real estate properties acquired via deeds-in-lieu of foreclosure (in thousands):
____________________________________ (1) The amortization period for acquired in-place leases and other intangibles and acquired above-market leases is 5.5 years. (2) The amortization period for acquired below-market leases is 5.7 years.
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