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FAIR VALUE OF DERIVATIVES AND FINANCIAL INSTRUMENTS (Details) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2025
Dec. 31, 2024
Estimated fair values of the financial instruments either recorded or disclosed on a recurring basis    
Derivative Asset Designated as Hedging Instrument, Fair Value $ 16 $ 3,227
Debt instruments - fair value    
Redeemable noncontrolling interests in the Operating Partnership and DownREIT Partnership 957,980 1,017,355
Transfers between levels of fair value hierarchy 0  
Carrying Amount | Fair Value, Measurements, Recurring    
Estimated fair values of the financial instruments either recorded or disclosed on a recurring basis    
Notes receivable 143,492 247,849
Total assets 144,233 252,357
Debt instruments - fair value    
Total liabilities 5,797,019 5,850,636
Redeemable noncontrolling interests in the Operating Partnership and DownREIT Partnership 957,980 1,017,355
Carrying Amount | Equity Securities | Fair Value, Measurements, Recurring    
Estimated fair values of the financial instruments either recorded or disclosed on a recurring basis    
Equity securities 725 1,281
Carrying Amount | Interest rate contracts | Fair Value, Measurements, Recurring    
Estimated fair values of the financial instruments either recorded or disclosed on a recurring basis    
Derivative Asset Designated as Hedging Instrument, Fair Value 16 3,227
Estimate of Fair Value | Fair Value, Measurements, Recurring    
Estimated fair values of the financial instruments either recorded or disclosed on a recurring basis    
Notes receivable 141,300 243,546
Total assets 142,041 248,054
Debt instruments - fair value    
Total liabilities 5,367,530 5,262,930
Redeemable noncontrolling interests in the Operating Partnership and DownREIT Partnership 957,980 1,017,355
Estimate of Fair Value | Equity Securities | Fair Value, Measurements, Recurring    
Estimated fair values of the financial instruments either recorded or disclosed on a recurring basis    
Equity securities 725 1,281
Estimate of Fair Value | Interest rate contracts | Fair Value, Measurements, Recurring    
Estimated fair values of the financial instruments either recorded or disclosed on a recurring basis    
Derivative Asset Designated as Hedging Instrument, Fair Value 16 3,227
Estimate of Fair Value | Level 1 | Fair Value, Measurements, Recurring    
Estimated fair values of the financial instruments either recorded or disclosed on a recurring basis    
Total assets 725 1,281
Estimate of Fair Value | Level 1 | Equity Securities | Fair Value, Measurements, Recurring    
Estimated fair values of the financial instruments either recorded or disclosed on a recurring basis    
Equity securities 725 1,281
Estimate of Fair Value | Level 2 | Fair Value, Measurements, Recurring    
Estimated fair values of the financial instruments either recorded or disclosed on a recurring basis    
Total assets 16 3,227
Debt instruments - fair value    
Redeemable noncontrolling interests in the Operating Partnership and DownREIT Partnership 957,980 1,017,355
Estimate of Fair Value | Level 2 | Interest rate contracts | Fair Value, Measurements, Recurring    
Estimated fair values of the financial instruments either recorded or disclosed on a recurring basis    
Derivative Asset Designated as Hedging Instrument, Fair Value 16 3,227
Estimate of Fair Value | Level 3 | Fair Value, Measurements, Recurring    
Estimated fair values of the financial instruments either recorded or disclosed on a recurring basis    
Notes receivable 141,300 243,546
Total assets 141,300 243,546
Debt instruments - fair value    
Total liabilities 5,367,530 5,262,930
Unsecured Debt | Carrying Amount | Fair Value, Measurements, Recurring    
Debt instruments - fair value    
Fair value 4,407,511 4,408,376
Unsecured Debt | Estimate of Fair Value | Fair Value, Measurements, Recurring    
Debt instruments - fair value    
Fair value 4,032,636 3,897,187
Unsecured Debt | Estimate of Fair Value | Level 3 | Fair Value, Measurements, Recurring    
Debt instruments - fair value    
Fair value 4,032,636 3,897,187
Unsecured Debt | Working capital credit facility | Carrying Amount | Fair Value, Measurements, Recurring    
Debt instruments - fair value    
Fair value 30,215 9,361
Unsecured Debt | Working capital credit facility | Estimate of Fair Value | Fair Value, Measurements, Recurring    
Debt instruments - fair value    
Fair value 30,215 9,361
Unsecured Debt | Working capital credit facility | Estimate of Fair Value | Level 3 | Fair Value, Measurements, Recurring    
Debt instruments - fair value    
Fair value 30,215 9,361
Unsecured Debt | Commercial Paper | Carrying Amount | Fair Value, Measurements, Recurring    
Debt instruments - fair value    
Fair value 220,000 289,900
Unsecured Debt | Commercial Paper | Estimate of Fair Value | Fair Value, Measurements, Recurring    
Debt instruments - fair value    
Fair value 220,000 289,900
Unsecured Debt | Commercial Paper | Estimate of Fair Value | Level 3 | Fair Value, Measurements, Recurring    
Debt instruments - fair value    
Fair value 220,000 289,900
Fixed Rate Debt | Secured Debt | Mortgages loans | Carrying Amount | Fair Value, Measurements, Recurring    
Debt instruments - fair value    
Fair value 1,112,293 1,115,999
Fixed Rate Debt | Secured Debt | Mortgages loans | Estimate of Fair Value | Fair Value, Measurements, Recurring    
Debt instruments - fair value    
Fair value 1,057,679 1,039,482
Fixed Rate Debt | Secured Debt | Mortgages loans | Estimate of Fair Value | Level 3 | Fair Value, Measurements, Recurring    
Debt instruments - fair value    
Fair value 1,057,679 1,039,482
Variable Rate Debt | Secured Debt | Tax-exempt secured notes payable | Carrying Amount | Fair Value, Measurements, Recurring    
Debt instruments - fair value    
Fair value 27,000 27,000
Variable Rate Debt | Secured Debt | Tax-exempt secured notes payable | Estimate of Fair Value | Fair Value, Measurements, Recurring    
Debt instruments - fair value    
Fair value 27,000 27,000
Variable Rate Debt | Secured Debt | Tax-exempt secured notes payable | Estimate of Fair Value | Level 3 | Fair Value, Measurements, Recurring    
Debt instruments - fair value    
Fair value $ 27,000 $ 27,000