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DEBT OBLIGATIONS - Line of Credit (Details) - USD ($)
9 Months Ended 12 Months Ended
Nov. 01, 2024
Sep. 30, 2024
Sep. 30, 2023
Dec. 31, 2023
Line of Credit        
Line of credit    
Line of Credit        
Line of Credit        
Maximum borrowing capacity   100,000,000    
Borrowing capacity available for renovation and operating expense purposes   $ 40,000,000    
Percentage of permitted borrowing base available for renovation and operating expense purposes   40.00%    
Basis of interest rate   30-day SOFR plus an applicable margin    
Debt Instrument, Variable Interest Rate, Type [Extensible Enumeration]   us-gaap:SecuredOvernightFinancingRateSofrMember    
Applicable margin (as a percent)   1.75%   1.75%
Unused facility fee (as a percent)   0.25%    
Line of credit   $ 0    
Line of credit, interest rate during the period 6.42%      
Remaining amount available to be borrowed under the facility $ 100,000,000 100,000,000    
Remaining borrowing capacity available for renovation and operating expense purposes $ 40,000,000 40,000,000    
Deferred financing costs   $ 411,000   $ 549,000
Line of Credit | Minimum        
Line of Credit        
Applicable margin (as a percent)   1.75%    
Line of Credit | Maximum        
Line of Credit        
Applicable margin (as a percent)   2.75%    
Line of Credit | Weighted average        
Line of Credit        
Line of credit, interest rate during the period     6.60%