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SIGNIFICANT ACCOUNTING POLICIES - Notes Receivables (Details)
$ in Thousands
1 Months Ended 6 Months Ended 12 Months Ended
May 31, 2025
USD ($)
loan
Jun. 30, 2025
USD ($)
home
item
Dec. 31, 2024
USD ($)
home
loan
Sep. 30, 2024
USD ($)
home
Dec. 31, 2023
USD ($)
Dec. 31, 2022
USD ($)
SIGNIFICANT ACCOUNTING POLICIES            
Notes receivable   $ 144,083 $ 286,282      
Allowance for credit losses   (591) (38,433)      
Total notes receivable, net   143,492 247,849      
Home operating community in Philadelphia, Pennsylvania            
SIGNIFICANT ACCOUNTING POLICIES            
Unaccrued interest $ 3,900          
Gain on consolidation 300          
Home operating community in Philadelphia, Pennsylvania | Operating Community            
SIGNIFICANT ACCOUNTING POLICIES            
Developer paid for unpaid interest and reimbursement costs $ 6,700          
Note due March 2025            
SIGNIFICANT ACCOUNTING POLICIES            
Notes receivable     42,807      
Aggregate commitment on note receivable     32,500      
Notes Due October 2025 and May 2026            
SIGNIFICANT ACCOUNTING POLICIES            
Notes receivable     $ 106,271      
Number of loans | loan 3   3      
Number of apartment homes | home     478      
Aggregate commitment on note receivable     $ 205,500      
Loan reserve on notes     37,600      
Note due December 2026 | Home Community, Riverside, California            
SIGNIFICANT ACCOUNTING POLICIES            
Notes receivable   $ 75,673 71,873      
Note receivable interest rate   11.00%        
Number of apartment homes | home   482        
Aggregate commitment on note receivable   $ 59,700        
Number of extension options | item   2        
Term of notes receivable extension options   1 year        
Note due December 2026 | Home Community, Menifee, California            
SIGNIFICANT ACCOUNTING POLICIES            
Number of apartment homes | home   237        
Aggregate commitment on note receivable   $ 24,400        
Number of extension options | item   2        
Term of notes receivable extension options   1 year        
Note due December 2026 | Home Community, Menifee, California            
SIGNIFICANT ACCOUNTING POLICIES            
Notes receivable   $ 30,655 29,090      
Note receivable interest rate   11.00%        
Note due June 2027            
SIGNIFICANT ACCOUNTING POLICIES            
Notes receivable   $ 4,883 4,470      
Note receivable interest rate   18.00%        
Aggregate commitment on note receivable         $ 3,000 $ 1,500
Total revolving credit facility         $ 19,000 $ 16,000
Note due September 2027            
SIGNIFICANT ACCOUNTING POLICIES            
Notes receivable   $ 32,872 $ 31,771      
Note receivable interest rate   7.32%        
Original amount of notes receivable       $ 31,100    
Basis spread on variable rate       3.00%    
Note due September 2027 | Home Community, Santa Monica, California            
SIGNIFICANT ACCOUNTING POLICIES            
Number of apartment homes | home       66