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FAIR VALUE MEASUREMENTS - Narrative (Details)
$ / shares in Units, shares in Millions, $ in Millions
1 Months Ended 12 Months Ended
Jan. 31, 2022
USD ($)
tradingDay
shares
Dec. 31, 2021
USD ($)
$ / shares
shares
Dec. 31, 2020
USD ($)
Dec. 31, 2019
USD ($)
tradingDay
$ / shares
shares
Apr. 29, 2021
$ / shares
Mar. 31, 2021
$ / shares
Jun. 30, 2019
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]              
Share price (in dollars per share)         $ 31.65 $ 26.25  
Nonrecurring fair value measurement, discount rate             19.00%
Level 3 | Earn-out liability | Recurring              
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]              
Income (expense) related to change in fair value | $   $ (30.4) $ 10.0        
Subsequent event | Level 3 | Earn-out liability | Recurring              
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]              
Settlement of liability | $ $ 54.2            
Corporate intangible assets              
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]              
Impairment of intangible assets | $       $ 7.8      
Phillips Edison Limited Partnership              
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]              
OP units issued (in shares) | shares   1.6   0.7      
PELP transaction, consecutive trading days | tradingDay       30      
PELP transaction, trading days | tradingDay       180      
Share price (in dollars per share)   $ 33.04          
Liquidity quotient denominator (in dollars per share)       $ 7.20      
Phillips Edison Limited Partnership | Subsequent event              
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]              
OP units issued (in shares) | shares 1.6            
PELP transaction, trading days | tradingDay 180            
Phillips Edison Limited Partnership | Minimum              
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]              
OP units issued (in shares) | shares       1.0      
Share price (in dollars per share)       $ 33.60      
Phillips Edison Limited Partnership | Maximum              
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]              
OP units issued (in shares) | shares       1.7      
Share price (in dollars per share)       $ 26.40