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RELATED-PARTY TRANSACTIONS - Due to Related Parties (Details) - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
Related Party Transaction [Line Items]
Due to related parties	$ 5,903	$ 3,463
Affiliated Entity
Related Party Transaction [Line Items]
Due to related parties	5,903	3,463
Asset management fees | Affiliated Entity
Related Party Transaction [Line Items]
Due to related parties	819	555
Property management fees and reimbursements | Affiliated Entity
Related Party Transaction [Line Items]
Due to related parties	3,185	1,505
Expense reimbursements | Corporate | Affiliated Entity
Related Party Transaction [Line Items]
Due to related parties	612	613
Expense reimbursements | Operating Segments | Affiliated Entity
Related Party Transaction [Line Items]
Due to related parties	679	156
Upfront dealer manager and trailing dealer manager fees | Affiliated Entity
Related Party Transaction [Line Items]
Due to related parties	205	283
Non-issuance specific offering costs | Affiliated Entity
Related Party Transaction [Line Items]
Due to related parties	157	61
Other amounts due to the CIM Management Entities and certain of its affiliates | Affiliated Entity
Related Party Transaction [Line Items]
Due to related parties	$ 246	$ 290

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