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FAIR VALUE MEASUREMENTS - Mortgages payable (Details) | Aug. 01, 2022 USD ($) | Jun. 30, 2022 USD ($) Y item | Dec. 31, 2021 USD ($) Y item
--- | --- | --- | ---
FAIR VALUE MEASUREMENTS |  |  |
Line of credit, gross | $ 17,500,000 |  |
Line of Credit |  |  |
FAIR VALUE MEASUREMENTS |  |  |
Line of credit, gross |  | $ 27,500,000 | $ 11,700,000
Mortgages payable |  |  |
FAIR VALUE MEASUREMENTS |  |  |
Fair value of mortgages payable |  | 388,421,000 | 419,354,000
Carrying value of mortgages payable |  | 402,815,000 | 399,660,000
Fair value (less) than carrying value |  | $ (14,394,000) |
Fair value greater than carrying value |  |  | $ 19,694,000
Mortgages payable | Blended market interest rate |  |  |
FAIR VALUE MEASUREMENTS |  |  |
Long-term debt, measurement input | item |  | 0.049 | 0.032
Mortgages payable | Weighted average remaining term to maturity (years) |  |  |
FAIR VALUE MEASUREMENTS |  |  |
Long-term debt, measurement input | Y |  | 6.4 | 6.4

X
- Definition Represents the amount of difference between the carrying value and the fair value. + References No definition available. + Details
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X
- Definition Represents the amount of difference between the fair value and carrying value. + References No definition available. + Details
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- Definition The carrying value as of the balance sheet date of the current and noncurrent portions of long-term obligations drawn from a line of credit before netting of deferred finance costs, which is a bank's commitment to make loans up to a specific amount. Examples of items that might be included in the application of this element may consist of letters of credit, standby letters of credit, and revolving credit arrangements, under which borrowings can be made up to a maximum amount as of any point in time conditional on satisfaction of specified terms before, as of and after the date of drawdowns on the line. Includes short-term obligations that would normally be classified as current liabilities but for which (a) post balance sheet date issuance of a long term obligation to refinance the short term obligation on a long term basis, or (b) the enterprise has entered into a financing agreement that clearly permits the enterprise to refinance the short-term obligation on a long term basis and the following conditions are met (1) the agreement does not expire within 1 year and is not cancellable by the lender except for violation of an objectively determinable provision, (2) no violation exists at the BS date, and (3) the lender has entered into the financing agreement is expected to be financially capable of honoring the agreement. + References No definition available. + Details
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- Definition Carrying value as of the balance sheet date, including the current and noncurrent portions, of collateralized debt obligations before netting of deferred finance costs (with maturities initially due after one year or beyond the operating cycle, if longer). Such obligations include mortgage loans, chattel loans, and any other borrowings secured by assets of the borrower. + References No definition available. + Details
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Balance Type: | credit
Period Type: | instant

X
- Definition Fair value portion of debt instrument payable, including, but not limited to, notes payable and loans payable. + References Reference 1: http://www.xbrl.org/2003/role/exampleRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 20 -Section 55 -Paragraph 69C -URI https://asc.fasb.org/extlink&oid=123466577&loc=SL123495737-112612 Reference 2: http://www.xbrl.org/2003/role/exampleRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 20 -Section 55 -Paragraph 69B -URI https://asc.fasb.org/extlink&oid=123466577&loc=SL123495735-112612 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 50 -Paragraph 10 -URI https://asc.fasb.org/extlink&oid=123594938&loc=d3e13433-108611 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 20 -Section 50 -Paragraph 1D -Subparagraph (c) -URI https://asc.fasb.org/extlink&oid=123466505&loc=SL123495340-112611 + Details
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- Definition Value of input used to measure long-term debt. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (bbb)(2) -URI https://asc.fasb.org/extlink&oid=126976982&loc=d3e19207-110258 + Details
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