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NET INCOME (LOSS) PER SHARE - Schedule of Reconciliation of Numerator and Denominator Used to Calculate Basic and Dilutes EPS (Details) - USD ($)
$ / shares in Units, shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
NUMERATOR        
Net income (loss) attributable to controlling interests $ 53,783 $ (1,048) $ 35,534 $ (6,249)
Distributions to preferred shareholders 0 (1,607) 0 (4,821)
Redemption of preferred shares 0 (3,511) 0 (3,511)
NET INCOME (LOSS) AVAILABLE TO COMMON SHAREHOLDERS 53,783 (6,166) 35,534 (14,581)
Noncontrolling interests – operating partnership and Series E preferred units 9,197 0 6,071 0
Dividends to Series D preferred unitholders 109 0 429 0
Numerator for diluted income (loss) per share $ 63,089 $ (6,166) $ 42,034 $ (14,581)
DENOMINATOR        
Denominator for basic income (loss) per share weighted average shares (in shares) 16,726 15,528 16,731 15,143
Effect of operating partnership units (in shares) 966 0 972 0
Effect of dilutive restricted stock units and stock options (in shares) 26 0 25 0
Denominator for diluted income (loss) per share (in shares) 19,771 15,528 19,835 15,143
NET INCOME (LOSS) PER COMMON SHARE – BASIC (in dollars per share) $ 3.22 $ (0.40) $ 2.12 $ (0.96)
NET INCOME (LOSS) PER COMMON SHARE – DILUTED (in dollars per share) $ 3.19 $ (0.40) $ 2.12 $ (0.96)
Series D Preferred Units        
DENOMINATOR        
Effect of preferred units (in shares) 155 0 204 0
Series E Preferred Units        
DENOMINATOR        
Effect of preferred units (in shares) 1,898 0 1,903 0