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DERIVATIVE FINANCIAL INSTRUMENTS (Tables) | 6 Months Ended
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Jun. 30, 2026
Derivative Instruments and Hedging Activities Disclosure [Abstract] |
Schedule of Derivative Instruments in Statement of Financial Position, Fair Value | The following table summarizes the terms and fair values of the Company’s derivative financial instruments as of June 30, 2026 and December 31, 2025. The notional amounts provide an indication of the extent of the Company’s involvement in these instruments at that time, but do not represent exposure to credit, interest rate or market risks (dollar amounts presented in thousands).
Hedge Product |  | Hedge Type |  | Designation |  | Notional Amount |  | Strike |  | Trade Date |  | Maturity Date |  | Fair value
|  |  |  |  |  | 6/30/2026 |  | 12/31/2025 |  |  |  |  |  |  |  | 6/30/2026 |  | 12/31/2025
Assets |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Swap |  | Interest Rate |  | Cash Flow | (a) | $ | 250,000 |  |  | $ | — |  |  | 3.713 | % |  | November 23, 2022 |  | June 30, 2027 |  | $ | 520 |  |  | $ | — |
Swap |  | Interest Rate |  | Cash Flow | (a) | 27,062 |  |  | — |  |  | 3.629 | % |  | January 12, 2024 |  | December 30, 2026 |  | 28 |  |  | — |
Swap |  | Interest Rate |  | Cash Flow | (a) | 51,548 |  |  | — |  |  | 3.725 | % |  | January 12, 2024 |  | January 30, 2027 |  | 42 |  |  | — |
Cap |  | Interest Rate |  | Cash Flow |  | $ | 178,014 |  |  | $ | 178,014 |  |  | 3.000 | % |  | July 22, 2025 |  | July 22, 2026 |  | $ | 66 |  |  | $ | 546 |
Liabilities |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Swap |  | Interest Rate |  | Cash Flow | (a) | $ | — |  |  | $ | 250,000 |  |  | 3.713 | % |  | November 23, 2022 |  | June 30, 2027 |  | $ | — |  |  | $ | (1,530) |
Swap |  | Interest Rate |  | Cash Flow | (a) | — |  |  | 27,062 |  |  | 3.629 | % |  | January 12, 2024 |  | December 30, 2026 |  | — |  |  | (61) |
Swap |  | Interest Rate |  | Cash Flow | (a) | — |  |  | 51,548 |  |  | 3.725 | % |  | January 12, 2024 |  | January 30, 2027 |  | — |  |  | (189) |
Swap |  | Interest Rate |  | Cash Flow | (a) (b) | $ | 90,000 |  |  | $ | — |  |  | 3.959 | % |  | June 24, 2026 |  | June 24, 2033 |  | $ | (386) |  |  | — |
|  |  |  |  |  | $ | 596,624 |  |  | $ | 506,624 |  |  |  |  |  |  |  |  |  |  |
(a)Hedging unsecured variable rate debt. (b)On June 24, 2026, the Company closed on a $90 million secured term loan at Avira, the residential component of 3025 JFK, located in Philadelphia, Pennsylvania. The loan bears interest at 1.85% over SOFR and has an initial maturity date of June 2033. Effective June 24, 2026, the loan was swapped to a fixed rate at 5.81% through the maturity date.

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- Definition Tabular disclosure of the location and fair value amounts of derivative instruments (and nonderivative instruments that are designated and qualify as hedging instruments) reported in the statement of financial position. + References Reference 1: http://www.xbrl.org/2003/role/exampleRef -Topic 815 -SubTopic 10 -Name Accounting Standards Codification -Section 55 -Paragraph 182 -Publisher FASB -URI https://asc.fasb.org/1943274/2147480401/815-10-55-182 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 815 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 4A -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480434/815-10-50-4A Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 815 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 4E -Publisher FASB -URI https://asc.fasb.org/1943274/2147480434/815-10-50-4E Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 815 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 4B -Publisher FASB -URI https://asc.fasb.org/1943274/2147480434/815-10-50-4B + Details
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