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, 2022
Lease income related to fixed lease payments    
Base rent $ 85,575 $ 108,569
Straight-line rental income, net 58,037 (2,498)
Lease income related to variable lease payments    
Ground lease reimbursement income 3,717 4,015
Other    
Amortization of above and below market lease intangibles (405) (1,691)
Lease income $ 146,924 $ 108,395
Master lease, percent rent abatement in first year   50.00%