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FAIR VALUE MEASUREMENTS - Fair Value of Derivatives (Details) | 6 Months Ended |
--- | --- | ---
Jun. 30, 2024 USD ($) item | Dec. 31, 2023 USD ($)
FAIR VALUE MEASUREMENTS |  |
Number of mortgage loans outstanding with related interest rate swaps | item | 12 |
Interest rate swap | Level 2 |  |
Financial assets: |  |
Financial assets | $ 567,000 | $ 824,000
Financial assets, Balance Sheet Classification | Escrow, deposits and other assets and receivables | Escrow, deposits and other assets and receivables
Interest rate swap | Cash flow hedges |  |
FAIR VALUE MEASUREMENTS |  |
Number of interest rate derivatives held | item | 12 |
Notional Amount | $ 28,183,000 |
Weighted average maturity | 1 year |
Weighted average annual interest rate (as a percent) | 3.86% |
Financial liabilities: |  |
Financial liabilities | $ 0 | $ 0
Interest rate swap | Cash flow hedges | Minimum |  |
FAIR VALUE MEASUREMENTS |  |
Fixed interest rate (as a percent) | 3.22% |
Interest rate swap | Cash flow hedges | Maximum |  |
FAIR VALUE MEASUREMENTS |  |
Fixed interest rate (as a percent) | 4.34% |

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