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DEBT OBLIGATIONS - Mortgages Payable (Details) | 12 Months Ended |
--- | --- | ---
Dec. 31, 2023 USD ($) item | Dec. 31, 2022 USD ($)
Mortgages payable, net |  |
Mortgages payable, gross | $ 422,565,000 | $ 409,175,000
Mortgages payable, net | $ 418,347,000 | 405,162,000
Number of outstanding mortgages | item | 68 |
Aggregate gross carrying value of real estate investments | $ 670,157,000 |
Accumulated depreciation | 127,325,000 |
Mortgages payable |  |
Mortgages payable, net |  |
Mortgages payable, gross | 422,565,000 | 409,175,000
Unamortized deferred financing costs | (3,414,000) | (3,355,000)
Unamortized mortgage intangible asset | (804,000) | (658,000)
Mortgages payable, net | $ 418,347,000 | $ 405,162,000
Weighted average interest rate (as a percent) | 4.31% | 4.10%
Mortgages payable | Minimum |  |
Mortgages payable, net |  |
Interest rate after giving effect to interest rate swap agreements | 3.05% |
Mortgages payable | Maximum |  |
Mortgages payable, net |  |
Interest rate after giving effect to interest rate swap agreements | 8.40% |

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- Definition The accumulated deprecation of real estate investments secured by first liens on individual real estate investments. + 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. 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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- Definition Carrying value as of the balance sheet date, including the current and noncurrent portions, of collateralized debt obligations (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 Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(22)) -SubTopic 10 -Topic 210 -Publisher FASB -URI https://asc.fasb.org//1943274/2147480566/210-10-S99-1 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 944 -SubTopic 210 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-03(a)(16)(a)(2)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479440/944-210-S99-1 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 942 -SubTopic 210 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-03(16)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479853/942-210-S99-1 + Details
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