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FAIR VALUE MEASUREMENTS - Fair Value of Derivatives (Details) | 3 Months Ended |
--- | --- | ---
Mar. 31, 2022 USD ($) item | Dec. 31, 2021 USD ($)
FAIR VALUE MEASUREMENTS |  |
Notional Amount | $ 56,348,000 |
Interest rate derivatives |  |
FAIR VALUE MEASUREMENTS |  |
Number of mortgage loans outstanding with related interest rate swaps | item | 19 |
Interest rate derivatives | Cash flow hedges |  |
FAIR VALUE MEASUREMENTS |  |
Number of interest rate derivatives held | item | 19 |
Interest rate derivatives | Cash flow hedges | Minimum |  |
FAIR VALUE MEASUREMENTS |  |
Fixed interest rate (as a percent) | 3.02% |
Interest rate derivatives | Cash flow hedges | Maximum |  |
FAIR VALUE MEASUREMENTS |  |
Fixed interest rate (as a percent) | 5.16% |
Interest rate swap |  |
FAIR VALUE MEASUREMENTS |  |
Weighted average maturity | 2 years 2 months 12 days |
Weighted average annual interest rate (as a percent) | 4.05% |
Recurring | Interest rate swap | Other assets |  |
Financial assets: |  |
Financial assets | $ 417,000 |
Recurring | Interest rate swap | Other liabilities |  |
Financial liabilities: |  |
Financial liabilities | $ 157,000 | $ 1,514,000

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- Definition Fair value, before effects of master netting arrangements, of a financial asset or other contract with one or more underlyings, notional amount or payment provision or both, and the contract can be net settled by means outside the contract or delivery of an asset. Includes assets elected not to be offset. Excludes assets not subject to a master netting arrangement. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 20 -Section 50 -Paragraph 3 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=51824906&loc=SL20225862-175312 Reference 2: http://www.xbrl.org/2003/role/exampleRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 20 -Section 55 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=99393222&loc=SL20226052-175313 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 20 -Section 55 -Paragraph 7 -URI http://asc.fasb.org/extlink&oid=99393222&loc=SL20226000-175313 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 860 -SubTopic 20 -Section 50 -Paragraph 4D -Subparagraph (c)(2) -URI http://asc.fasb.org/extlink&oid=121570589&loc=SL51823488-111719 Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4B -Subparagraph (a),(c) -URI http://asc.fasb.org/extlink&oid=125515794&loc=SL5624163-113959 + Details
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