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INVESTMENT IN UNCONSOLIDATED JOINT VENTURES (Details) |  | 1 Months Ended | 12 Months Ended
--- | --- | --- | ---
Dec. 15, 2023 USD ($) | Sep. 30, 2023 USD ($) | Jul. 31, 2021 USD ($) a | Dec. 31, 2023 USD ($) item | Dec. 31, 2022 USD ($) item | Dec. 31, 2021 USD ($)
INVESTMENT IN UNCONSOLIDATED JOINT VENTURES |  |  |  |  |  |
Equity in (loss) earnings from sale of unconsolidated joint venture properties |  |  |  | $ (108,000) |  | $ 805,000
Equity investment in unconsolidated joint ventures |  |  |  | 2,051,000 | $ 10,400,000 |
Equity in (loss) earnings of unconsolidated joint ventures |  |  |  | $ (904,000) | $ 400,000 | 202,000
Unconsolidated Joint Venture |  |  |  |  |  |
INVESTMENT IN UNCONSOLIDATED JOINT VENTURES |  |  |  |  |  |
Number of unconsolidated joint ventures | item |  |  |  | 2 | 2 |
Equity investment in unconsolidated joint ventures |  |  |  | $ 2,051,000 | $ 10,400,000 |
Equity in (loss) earnings of unconsolidated joint ventures |  |  |  | $ (904,000) | $ 400,000 | $ 202,000
Unconsolidated Joint Venture | Joint Venture Property in Manahawkin, New Jersey |  |  |  |  |  |
INVESTMENT IN UNCONSOLIDATED JOINT VENTURES |  |  |  |  |  |
Ownership interest (as a percent) |  | 50.00% |  |  |  |
Percentage of impairment charges recognized by the Company |  |  |  | 50.00% |  |
Impairment charge related to sale of joint venture property |  |  |  | $ 850,000 |  |
Percentage of gain recognized by the Company |  |  |  | 50.00% |  |
Equity in (loss) earnings from sale of unconsolidated joint venture properties |  |  |  | $ (108,000) |  |
Unconsolidated Joint Venture | Land located in Savannah, Georgia |  |  |  |  |  |
INVESTMENT IN UNCONSOLIDATED JOINT VENTURES |  |  |  |  |  |
Ownership interest (as a percent) |  |  | 50.00% |  |  |
Percentage of gain recognized by the Company |  |  |  |  |  | 50.00%
Equity in (loss) earnings from sale of unconsolidated joint venture properties |  |  |  |  |  | $ 805,000
Unconsolidated Joint Venture |  |  |  |  |  |
INVESTMENT IN UNCONSOLIDATED JOINT VENTURES |  |  |  |  |  |
Number of properties owned and operated by each unconsolidated joint venture | item |  |  |  | 1 | 1 |
Unconsolidated Joint Venture | Joint Venture Property in Manahawkin, New Jersey |  |  |  |  |  |
INVESTMENT IN UNCONSOLIDATED JOINT VENTURES |  |  |  |  |  |
Contract sale price of joint venture property |  | $ 36,500,000 |  |  |  |
Impairment charge related to sale of joint venture property |  | $ 1,699,000 |  |  |  |
Net proceeds from the sale of unconsolidated joint venture | $ 35,070,000 |  |  |  |  |
Unconsolidated Joint Venture | Land located in Savannah, Georgia |  |  |  |  |  |
INVESTMENT IN UNCONSOLIDATED JOINT VENTURES |  |  |  |  |  |
Net proceeds from the sale of unconsolidated joint venture |  |  | $ 2,559,000 |  |  |
Unconsolidated Joint Venture | Land located in Savannah, Georgia |  |  |  |  |  |
INVESTMENT IN UNCONSOLIDATED JOINT VENTURES |  |  |  |  |  |
Number of acres retained by unconsolidated joint venture after sale | a |  |  | 2.2 |  |  |

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- Definition Amount of difference between the carrying amount and sales price of real estate properties sold relating to unconsolidated joint venture. + References No definition available. + Details
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