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JOINT VENTURES AND PARTNERSHIPS - Commitments (Details) $ in Thousands	1 Months Ended		3 Months Ended		9 Months Ended
	Sep. 30, 2025 USD ($) home	Jun. 30, 2025 USD ($)	Sep. 30, 2025 USD ($) home	Sep. 30, 2024 USD ($)	Sep. 30, 2025 USD ($) home	Sep. 30, 2024 USD ($)	Aug. 31, 2025 USD ($) home	Jul. 31, 2025 USD ($) home	Apr. 30, 2025 USD ($) home	Dec. 31, 2024 USD ($)
Joint Ventures
Investment in unconsolidated entities	$ 905,105		$ 905,105		$ 905,105					$ 912,183
Deferred fees from the sale of properties	7,000		7,000		7,000					7,600
Joint venture management and other fees			$ 2,570	$ 2,072	$ 7,080	$ 6,029
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13th and Market Properties LLC | Accounts payable and Accrued Liabilities
Joint Ventures
Investment in unconsolidated entities	(6,500)		$ (6,500)		$ (6,500)					(5,300)
Daly City, CA
Joint Ventures
Number of apartment homes | home									256
Equity investment									$ 13,000
Preferred return (as a percent)									12.00%
Preferred Equity Investments
Joint Ventures
Proceeds from sale of real estate	32,200	$ 54,800
Orlando, Florida
Joint Ventures
Number of apartment homes | home								350
Equity investment								$ 23,800
Preferred return (as a percent)								11.25%
Yorba Linda, California
Joint Ventures
Number of apartment homes | home							400
Equity investment							$ 35,800
Preferred return (as a percent)							10.00%
Operating Community | Preferred Equity Investments
Joint Ventures
Investment in unconsolidated entities	$ 379,437		$ 379,437		$ 379,437					$ 299,846
Number of apartment homes | home	6,766		6,766		6,766
Preferred return (as a percent)	9.70%		9.70%		9.70%

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