Annual report pursuant to Section 13 and 15(d)

LEASES - Lease Income (Details)

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LEASES - Lease Income (Details) - USD ($)
$ in Thousands
11 Months Ended 12 Months Ended
Dec. 31, 2021
Dec. 31, 2021
Dec. 31, 2021
Lease income related to fixed lease payments      
Base rent $ 85,575    
Straight-line rental income, net 58,037    
Lease income related to variable lease payments      
Ground lease reimbursement income 3,717    
Other      
Amortization of above and below market lease intangibles (405) $ (405)  
Lease income $ 146,924    
Master lease, percent rent abatement in first year     50.00%