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INVESTMENT IN UNCONSOLIDATED JOINT VENTURES (Details) | 3 Months Ended | 9 Months Ended |
--- | --- | --- | ---
Sep. 30, 2024 USD ($) item | Sep. 30, 2023 USD ($) | Sep. 30, 2024 USD ($) item | Sep. 30, 2023 USD ($) | Dec. 31, 2023 USD ($) item
INVESTMENT IN UNCONSOLIDATED JOINT VENTURES |  |  |  |  |
Equity investment in unconsolidated joint ventures | $ 2,038,000 |  | $ 2,038,000 |  | $ 2,051,000
Equity in (loss) earnings of unconsolidated joint ventures | $ (9,000) | $ (905,000) | $ 87,000 | $ (761,000) |
Unconsolidated Joint Venture |  |  |  |  |
INVESTMENT IN UNCONSOLIDATED JOINT VENTURES |  |  |  |  |
Number of unconsolidated joint ventures | item | 2 |  | 2 |  | 2
Equity investment in unconsolidated joint ventures | $ 2,038,000 |  | $ 2,038,000 |  | $ 2,051,000
Equity in (loss) earnings of unconsolidated joint ventures | $ (9,000) | $ (905,000) | $ 87,000 | $ (761,000) |
Unconsolidated Joint Venture | Joint Venture Property in Manahawkin, New Jersey |  |  |  |  |
INVESTMENT IN UNCONSOLIDATED JOINT VENTURES |  |  |  |  |
Percentage of impairment charges recognized by the Company |  | 50.00% |  | 50.00% |
Impairment charge related to sale of joint venture property |  | $ 850,000 |  | $ 850,000 |
Unconsolidated Joint Venture |  |  |  |  |
INVESTMENT IN UNCONSOLIDATED JOINT VENTURES |  |  |  |  |
Number of properties owned and operated by each unconsolidated joint venture | item | 1 |  | 1 |  | 1

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- Definition The aggregate amount of write-downs for impairments recognized during the period for real estate attributable to the sale of the property. + References No definition available. + Details
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- Definition The percentage of impairment charges recognized by the Company from an unconsolidated joint venture's sale of real estate. + References No definition available. + Details
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