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RELATED PARTY TRANSACTIONS - Compensation and Services Agreement (Details) - USD ($) | 3 Months Ended
--- | ---
Mar. 31, 2021 | Mar. 31, 2020
Majestic |  |
Related Party Transactions |  |
Aggregate fees under compensation and services agreement | $ 785,000 | $ 767,000
Property management costs allocated to real estate expenses | 348,000 | 331,000
Additional payment for the entity's share of all direct office expenses | $ 74,000 | $ 69,000
Majestic | Net lease tenants |  |
Related Party Transactions |  |
Property management costs as a percentage of rental payments | 1.50% | 1.50%
Majestic | Operating lease tenants |  |
Related Party Transactions |  |
Property management costs as a percentage of rental payments | 2.00% | 2.00%
Executive officers and others |  |
Related Party Transactions |  |
Stock incentive plan expense | $ 652,000 | $ 449,000

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