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SEGMENT INFORMATION - Schedule of Reconciliation of Net Operating Income of Reportable Segments (Details) - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Dec. 31, 2023
Segment Reporting Information [Line Items]          
Real estate rental revenue $ 60,103 $ 56,599 $ 119,616 $ 112,408  
Real estate expenses 21,982 20,258 43,701 39,779  
Net operating income 38,121 36,341 75,915 72,629  
Other income (expense):          
Property management expenses (2,175) (2,178) (4,393) (3,947)  
General and administrative expenses (6,138) (6,680) (12,334) (13,521)  
Transformation costs 0 (2,454) 0 (5,354)  
Depreciation and amortization (23,895) (21,415) (48,838) (42,951)  
Interest expense (9,384) (6,794) (18,878) (13,625)  
Other income 0 569 1,410 569  
Net loss (3,471)        
Net loss (3,471) (2,611) (7,118) (6,254)  
Capital expenditures 7,924 4,392 21,546 10,183  
Total assets 1,861,475 1,838,499 1,861,475 1,838,499 $ 1,900,028
Residential          
Segment Reporting Information [Line Items]          
Real estate rental revenue 55,492 52,100 110,363 103,091  
Real estate expenses 20,622 19,054 40,980 37,198  
Net operating income 34,870 33,046 69,383 65,893  
Other income (expense):          
Capital expenditures 7,872 4,130 21,437 9,547  
Total assets 1,738,354 1,664,947 1,738,354 1,664,947  
Other          
Segment Reporting Information [Line Items]          
Real estate rental revenue 4,611 4,499 9,253 9,317  
Real estate expenses 1,360 1,204 2,721 2,581  
Net operating income 3,251 3,295 6,532 6,736  
Other income (expense):          
Capital expenditures 52 262 109 636  
Total assets $ 123,121 $ 173,552 $ 123,121 $ 173,552