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INVESTMENTS IN RENTAL PROPERTY - Schedule of Disposed Properties (Details) $ in Thousands | 12 Months Ended
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Dec. 31, 2025 USD ($) unit | Dec. 31, 2024 USD ($) ft² building | Dec. 31, 2023 USD ($) ft² building | Dec. 31, 2021 USD ($)
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items] |  |  |  |
Mortgage and loans payable assigned through sales of rental property | $ 41,000 | $ 0 | $ 0 |
Return of escrow not originally expected amount |  | 1,900 |  |
Realized (gains) losses and unrealized (gains) losses on disposition of rental property, net | 90,831 | 0 | $ 0 |
Buildings and improvements | 2,584,333 | 2,634,321 |  |
Accumulated depreciation, net | $ 516,404 | $ 432,531 |  |
Revision of Prior Period, Adjustment |  |  |  |
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items] |  |  |  |
Realized (gains) losses and unrealized (gains) losses on disposition of rental property, net |  |  |  | $ 1,600
Buildings and improvements |  |  |  | 2,000
Accumulated depreciation, net |  |  |  | $ 400
Disposal Group, Disposed of by Sale, Not Discontinued Operations |  |  |  |
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items] |  |  |  |
Units | unit | 910 |  |  |
Number of buildings on properties sold | building |  | 1 | 7 |
Rentable Square Feet | ft² |  | 977,225 | 2,468,656,000 |
Net Sales Proceeds | $ 381,148 | $ 81,515 | $ 515,833 |
Net Carrying Value | 291,900 | $ 81,228 | $ 511,976 |
Realized Gains (Losses) Unrealized Losses, net | $ 90,831 |  |  |
Disposal Group, Disposed of by Sale, Not Discontinued Operations | Signature Place |  |  |  |
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items] |  |  |  |
Units | unit | 197 |  |  |
Net Sales Proceeds | $ 83,254 |  |  |
Net Carrying Value | 45,840 |  |  |
Realized Gains (Losses) Unrealized Losses, net | $ 37,414 |  |  |
Disposal Group, Disposed of by Sale, Not Discontinued Operations | 145 Front at City Square |  |  |  |
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items] |  |  |  |
Units | unit | 365 |  |  |
Net Sales Proceeds | $ 121,030 |  |  |
Net Carrying Value | 77,688 |  |  |
Realized Gains (Losses) Unrealized Losses, net | $ 43,342 |  |  |
Disposal Group, Disposed of by Sale, Not Discontinued Operations | The James |  |  |  |
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items] |  |  |  |
Units | unit | 240 |  |  |
Net Sales Proceeds | $ 115,090 |  |  |
Net Carrying Value | 121,593 |  |  |
Realized Gains (Losses) Unrealized Losses, net | (6,503) |  |  |
Impairment charges | $ 6,900 |  |  |
Disposal Group, Disposed of by Sale, Not Discontinued Operations | Quarry Place at Tuckahoe (f) |  |  |  |
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items] |  |  |  |
Units | unit | 108 |  |  |
Net Sales Proceeds | $ 61,774 |  |  |
Net Carrying Value | 46,779 |  |  |
Realized Gains (Losses) Unrealized Losses, net | 14,995 |  |  |
Mortgage and loans payable assigned through sales of rental property | 41,000 |  |  |
Disposal Group, Disposed of by Sale, Not Discontinued Operations | Harborside 5 |  |  |  |
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items] |  |  |  |
Number of buildings on properties sold | building |  | 1 |  |
Rentable Square Feet | ft² |  | 977,225 |  |
Net Sales Proceeds |  | $ 81,515 |  |
Net Carrying Value |  | 81,228 |  |
Disposal Group, Disposed of by Sale, Not Discontinued Operations | XS Hotels |  |  |  |
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items] |  |  |  |
Number of buildings on properties sold | building |  |  | 2 |
Rentable Square Feet | ft² |  |  | 0 |
Net Sales Proceeds |  |  | $ 93,358 |
Net Carrying Value |  |  | 92,578 |
Loss from extinguishment of debt |  |  | $ 84,000 |
Disposal Group, Disposed of by Sale, Not Discontinued Operations | Harborside 1, 2 and 3 |  |  |  |
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items] |  |  |  |
Number of buildings on properties sold | building |  |  | 3 |
Rentable Square Feet | ft² |  |  | 1,886,800,000 |
Net Sales Proceeds |  |  | $ 362,446 |
Net Carrying Value |  |  | $ 362,304 |
Disposal Group, Disposed of by Sale, Not Discontinued Operations | Harborside 6 |  |  |  |
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items] |  |  |  |
Number of buildings on properties sold | building |  |  | 1 |
Rentable Square Feet | ft² |  |  | 231,856,000 |
Net Sales Proceeds |  |  | $ 44,145 |
Net Carrying Value |  |  | $ 43,722 |
Disposal Group, Disposed of by Sale, Not Discontinued Operations | 23 Main Street |  |  |  |
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items] |  |  |  |
Number of buildings on properties sold | building |  |  | 1 |
Rentable Square Feet | ft² |  |  | 350,000,000 |
Net Sales Proceeds |  |  | $ 15,884 |
Net Carrying Value |  |  | 13,372 |
Deposits received |  |  | 1,300 |
Disposal Group, Disposed of by Sale, Not Discontinued Operations | Others |  |  |  |
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items] |  |  |  |
Realized Gains (Losses) Unrealized Losses, net | $ 1,583 |  |  |
Disposed of by Sale |  |  |  |
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items] |  |  |  |
Realized Gains (Losses) Unrealized Losses, net |  | 3,447 | 2,411 |
Disposed of by Sale | Harborside 5 |  |  |  |
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items] |  |  |  |
Realized Gains (Losses) Unrealized Losses, net |  | 287 |  |
Disposed of by Sale | XS Hotels |  |  |  |
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items] |  |  |  |
Realized Gains (Losses) Unrealized Losses, net |  |  | 780 |
Disposed of by Sale | Harborside 1, 2 and 3 |  |  |  |
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items] |  |  |  |
Realized Gains (Losses) Unrealized Losses, net |  |  | 142 |
Disposed of by Sale | Harborside 6 |  |  |  |
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items] |  |  |  |
Realized Gains (Losses) Unrealized Losses, net |  |  | 423 |
Disposed of by Sale | 23 Main Street |  |  |  |
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items] |  |  |  |
Realized Gains (Losses) Unrealized Losses, net |  |  | 2,512 |
Disposed of by Sale | Others |  |  |  |
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items] |  |  |  |
Realized Gains (Losses) Unrealized Losses, net |  | $ 3,160 | 2,184 |
Disposed of by Sale | Unrealized gains (losses) on real estate held for sale |  |  |  |
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items] |  |  |  |
Realized Gains (Losses) Unrealized Losses, net |  |  | $ (3,630) |

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