FAIR VALUE MEASUREMENTS - Fair value of mortgages payable (Details) |
3 Months Ended | 12 Months Ended |
|---|---|---|
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Mar. 31, 2026
USD ($)
Y
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Dec. 31, 2025
USD ($)
Y
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| FAIR VALUE MEASUREMENTS | ||
| Line of credit, fair value | $ 32,000,000 | |
| Mortgages payable | ||
| FAIR VALUE MEASUREMENTS | ||
| Fair value of mortgages payable | 530,252,000 | $ 517,660,000 |
| Carrying value of mortgages payable, gross | 534,656,000 | 522,501,000 |
| Fair value less than carrying value | $ (4,404,000) | $ (4,841,000) |
| Weighted average interest rate | 4.91% | 4.88% |
| Mortgages payable | Blended market interest rate | ||
| FAIR VALUE MEASUREMENTS | ||
| Long-term debt, measurement input | 0.0547 | 0.0544 |
| Mortgages payable | Weighted average remaining term to maturity (years) | ||
| FAIR VALUE MEASUREMENTS | ||
| Long-term debt, measurement input | Y | 5.6 | 5.8 |
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- Definition Represents the amount of difference between the carrying value and the fair value. No definition available.
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- Definition Carrying value as of the balance sheet date, including the current and noncurrent portions, of collateralized debt obligations before netting of deferred finance costs. Such obligations include mortgage loans, chattel loans, and any other borrowings secured by assets of the borrower. No definition available.
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- Definition Fair value portion of debt instrument payable, including, but not limited to, notes payable and loans payable. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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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 Fair value portion of contractual arrangement with a lender under which borrowings can be made up to a specific amount at any point in time. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Value of input used to measure long-term debt. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Weighted average interest rate of long-term debt outstanding calculated over time. No definition available.
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