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SEGMENT REPORTING - Additional Information (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Segment Reporting Information [Line Items]      
Revenue from customers $ 235,984 $ 209,852 $ 41,035
Revenues 237,926 211,732 42,694
Valencia      
Segment Reporting Information [Line Items]      
Revenue from customers 139,580 162,231 9,602
Revenues 140,844 163,457 10,571
Great Park      
Segment Reporting Information [Line Items]      
Revenue from customers 95,955 47,190 31,015
Revenues 95,955 47,190 31,015
Land sales      
Segment Reporting Information [Line Items]      
Revenue from customers 139,097 161,391 8,425
Land sales | Related Party      
Segment Reporting Information [Line Items]      
Revenues 0 595 7,512
Land sales | Valencia      
Segment Reporting Information [Line Items]      
Revenue from customers 139,097 161,391 8,425
Land sales | Great Park      
Segment Reporting Information [Line Items]      
Revenue from customers 0 0 0
Third Party Home Builder A | Land sales | Revenue | Customer Concentration Risk | Valencia      
Segment Reporting Information [Line Items]      
Revenue from customers $ 31,200 $ 39,400  
Concentration of risk (as percent) 13.00% 19.00%  
Land Banking Entity | Land sales | Revenue | Customer Concentration Risk | Valencia      
Segment Reporting Information [Line Items]      
Revenue from customers $ 76,900    
Concentration of risk (as percent) 32.00%    
Third Party Home Builder B | Land sales | Revenue | Customer Concentration Risk | Valencia      
Segment Reporting Information [Line Items]      
Revenue from customers   $ 21,700  
Concentration of risk (as percent)   10.00%  
One Related Party Customer | Land sales | Revenue | Customer Concentration Risk | Valencia | Related Party      
Segment Reporting Information [Line Items]      
Revenue from customers   $ 101,800 $ 7,500
Concentration of risk (as percent)   48.00% 18.00%
Great Park | Revenue | Customer Concentration Risk | Great Park      
Segment Reporting Information [Line Items]      
Concentration of risk (as percent) 40.00% 22.00% 73.00%
Revenues $ 96,000 $ 47,200 $ 31,000
Great Park      
Segment Reporting Information [Line Items]      
Percentage of equity ownership 37.50% 37.50%