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REVENUES - Disaggregation of Revenue (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Disaggregation of Revenue [Line Items]      
Revenue from customers $ 235,984 $ 209,852 $ 41,035
Revenues 237,926 211,732 42,694
Unallocated      
Disaggregation of Revenue [Line Items]      
Revenue from customers 449 431 418
Revenues 449 431 418
Valencia      
Disaggregation of Revenue [Line Items]      
Revenue from customers 139,580 162,231 9,602
Revenues 140,844 163,457 10,571
San Francisco      
Disaggregation of Revenue [Line Items]      
Revenue from customers 0 0 0
Revenues 678 654 690
Great Park      
Disaggregation of Revenue [Line Items]      
Revenue from customers 95,955 47,190 31,015
Revenues 95,955 47,190 31,015
Great Park | Unallocated      
Disaggregation of Revenue [Line Items]      
Revenues (612,806) (554,825) (323,877)
Land sales      
Disaggregation of Revenue [Line Items]      
Revenue from customers 139,097 161,391 8,425
Land sales | Unallocated      
Disaggregation of Revenue [Line Items]      
Revenue from customers 0 0 0
Land sales | Valencia      
Disaggregation of Revenue [Line Items]      
Revenue from customers 139,097 161,391 8,425
Land sales | San Francisco      
Disaggregation of Revenue [Line Items]      
Revenue from customers 0 0 0
Land sales | Great Park      
Disaggregation of Revenue [Line Items]      
Revenue from customers 0 0 0
Management services      
Disaggregation of Revenue [Line Items]      
Revenue from customers 96,404 47,621 31,433
Management services | Unallocated      
Disaggregation of Revenue [Line Items]      
Revenue from customers 449 431 418
Management services | Valencia      
Disaggregation of Revenue [Line Items]      
Revenue from customers 0 0 0
Management services | San Francisco      
Disaggregation of Revenue [Line Items]      
Revenue from customers 0 0 0
Management services | Great Park      
Disaggregation of Revenue [Line Items]      
Revenue from customers 95,955 47,190 31,015
Operating properties      
Disaggregation of Revenue [Line Items]      
Revenue from customers 483 840 1,177
Operating properties leasing revenues 1,942 1,880 1,659
Operating properties | Unallocated      
Disaggregation of Revenue [Line Items]      
Revenue from customers 0 0 0
Operating properties leasing revenues 0 0 0
Operating properties | Valencia      
Disaggregation of Revenue [Line Items]      
Revenue from customers 483 840 1,177
Operating properties leasing revenues 1,264 1,226 969
Operating properties | San Francisco      
Disaggregation of Revenue [Line Items]      
Revenue from customers 0 0 0
Operating properties leasing revenues 678 654 690
Operating properties | Great Park      
Disaggregation of Revenue [Line Items]      
Revenue from customers 0 0 0
Operating properties leasing revenues $ 0 $ 0 $ 0