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ACQUISITIONS AND DISPOSITIONS - Acquisitions (Details)
$ in Thousands
 3 Months Ended 9 Months Ended
Sep. 01, 2021
USD ($)
Sep. 30, 2021
USD ($)
apartmentUnit
apartmentProperty
Sep. 30, 2020
USD ($)
apartmentUnit
Sep. 30, 2021
USD ($)
apartmentUnit
apartmentProperty
Sep. 30, 2020
USD ($)
apartmentUnit
2021 Acquisitions          
Acquisitions and development projects placed in service [Abstract]          
Number of homes | apartmentProperty   17   17  
Total Acquisition Cost   $ 359,900   $ 436,816  
Form of Consideration          
Cash       92,599  
Units       217,513  
Other       126,704  
Investment Allocation          
Land   45,580   45,580  
Building   375,985   375,985  
Intangible Assets   17,604   17,604  
Other, Liabilities   $ (2,353)   $ (2,353)  
Union Pointe Apartment Homes - Longmont, CO          
Acquisitions and development projects placed in service [Abstract]          
Number of homes | apartmentUnit   256   256  
Total Acquisition Cost       $ 76,900  
Form of Consideration          
Cash       76,900  
Units       0  
Other       0  
Investment Allocation          
Land   $ 5,727   5,727  
Building   69,966   69,966  
Intangible Assets   1,207   1,207  
Other, Liabilities   $ 0   $ 0  
Bayberry Place - Minneapolis, MN          
Acquisitions and development projects placed in service [Abstract]          
Number of homes | apartmentUnit   120   120  
Total Acquisition Cost       $ 16,673  
Form of Consideration          
Cash       898  
Units       9,855  
Other       5,920  
Investment Allocation          
Land   $ 1,807   1,807  
Building   14,113   14,113  
Intangible Assets   753   753  
Other, Liabilities   $ 0   $ 0  
Burgandy & Hillsboro Court - Minneapolis, MN          
Acquisitions and development projects placed in service [Abstract]          
Number of homes | apartmentUnit   251   251  
Total Acquisition Cost       $ 35,569  
Form of Consideration          
Cash       2,092  
Units       22,542  
Other       10,935  
Investment Allocation          
Land   $ 2,834   2,834  
Building   31,148   31,148  
Intangible Assets   1,587   1,587  
Other, Liabilities   $ 0   $ 0  
Venue on Knox - Minneapolis, MN          
Acquisitions and development projects placed in service [Abstract]          
Number of homes | apartmentUnit   97   97  
Total Acquisition Cost       $ 18,896  
Form of Consideration          
Cash       500  
Units       11,375  
Other       7,021  
Investment Allocation          
Land   $ 3,438   3,438  
Building   14,743   14,743  
Intangible Assets   715   715  
Other, Liabilities   $ 0   $ 0  
Gatewood - St. Cloud, MN          
Acquisitions and development projects placed in service [Abstract]          
Number of homes | apartmentUnit   120   120  
Total Acquisition Cost       $ 7,781  
Form of Consideration          
Cash       378  
Units       3,388  
Other       4,015  
Investment Allocation          
Land   $ 327   327  
Building   6,858   6,858  
Intangible Assets   596   596  
Other, Liabilities   $ 0   $ 0  
Grove Ridge - Minneapolis, MN          
Acquisitions and development projects placed in service [Abstract]          
Number of homes | apartmentUnit   84   84  
Total Acquisition Cost       $ 12,060  
Form of Consideration          
Cash       121  
Units       8,579  
Other       3,360  
Investment Allocation          
Land   $ 1,250   1,250  
Building   10,271   10,271  
Intangible Assets   539   539  
Other, Liabilities   $ 0   $ 0  
The Legacy - St. Cloud, MN          
Acquisitions and development projects placed in service [Abstract]          
Number of homes | apartmentUnit   119   119  
Total Acquisition Cost       $ 10,560  
Form of Consideration          
Cash       229  
Units       5,714  
Other       4,617  
Investment Allocation          
Land   $ 412   412  
Building   9,556   9,556  
Intangible Assets   592   592  
Other, Liabilities   $ 0   $ 0  
New Hope Garden & Village - Minneapolis, MN          
Acquisitions and development projects placed in service [Abstract]          
Number of homes | apartmentUnit   151   151  
Total Acquisition Cost       $ 15,006  
Form of Consideration          
Cash       1,435  
Units       10,812  
Other       2,759  
Investment Allocation          
Land   $ 1,603   1,603  
Building   12,578   12,578  
Intangible Assets   825   825  
Other, Liabilities   $ 0   $ 0  
Palisades - Minneapolis, MN          
Acquisitions and development projects placed in service [Abstract]          
Number of homes | apartmentUnit   330   330  
Total Acquisition Cost       $ 53,354  
Form of Consideration          
Cash       2,884  
Units       30,470  
Other       20,000  
Investment Allocation          
Land   $ 6,919   6,919  
Building   46,577   46,577  
Intangible Assets   2,211   2,211  
Other, Liabilities   $ (2,353)   $ (2,353)  
Plymouth Pointe - Minneapolis, MN          
Acquisitions and development projects placed in service [Abstract]          
Number of homes | apartmentUnit   96   96  
Total Acquisition Cost       $ 14,450  
Form of Consideration          
Cash       370  
Units       9,061  
Other       5,019  
Investment Allocation          
Land   $ 1,042   1,042  
Building   12,809   12,809  
Intangible Assets   599   599  
Other, Liabilities   $ 0   $ 0  
Pointe West - St. Cloud, MN          
Acquisitions and development projects placed in service [Abstract]          
Number of homes | apartmentUnit   93   93  
Total Acquisition Cost       $ 7,558  
Form of Consideration          
Cash       91  
Units       3,605  
Other       3,862  
Investment Allocation          
Land   $ 246   246  
Building   6,849   6,849  
Intangible Assets   463   463  
Other, Liabilities   $ 0   $ 0  
River Pointe - Minneapolis MN          
Acquisitions and development projects placed in service [Abstract]          
Number of homes | apartmentUnit   301   301  
Total Acquisition Cost       $ 38,348  
Form of Consideration          
Cash       2,249  
Units       21,653  
Other       14,446  
Investment Allocation          
Land   $ 3,346   3,346  
Building   33,117   33,117  
Intangible Assets   1,885   1,885  
Other, Liabilities   $ 0   $ 0  
Southdale Parc - Minneapolis, MN          
Acquisitions and development projects placed in service [Abstract]          
Number of homes | apartmentUnit   70   70  
Total Acquisition Cost       $ 9,670  
Form of Consideration          
Cash       165  
Units       7,907  
Other       1,598  
Investment Allocation          
Land   $ 1,569   1,569  
Building   7,740   7,740  
Intangible Assets   361   361  
Other, Liabilities   $ 0   $ 0  
Portage - Minneapolis, MN          
Acquisitions and development projects placed in service [Abstract]          
Number of homes | apartmentUnit   62   62  
Total Acquisition Cost       $ 9,171  
Form of Consideration          
Cash       323  
Units       5,588  
Other       3,260  
Investment Allocation          
Land   $ 2,133   2,133  
Building   6,685   6,685  
Intangible Assets   353   353  
Other, Liabilities   $ 0   $ 0  
Windsor Gates - Minneapolis, MN          
Acquisitions and development projects placed in service [Abstract]          
Number of homes | apartmentUnit   200   200  
Total Acquisition Cost       $ 22,231  
Form of Consideration          
Cash       1,122  
Units       12,080  
Other       9,029  
Investment Allocation          
Land   $ 2,140   2,140  
Building   18,943   18,943  
Intangible Assets   1,148   1,148  
Other, Liabilities   $ 0   $ 0  
Wingate - Minneapolis, MN          
Acquisitions and development projects placed in service [Abstract]          
Number of homes | apartmentUnit   136   136  
Total Acquisition Cost       $ 15,784  
Form of Consideration          
Cash       723  
Units       10,246  
Other       4,815  
Investment Allocation          
Land   $ 1,480   1,480  
Building   13,530   13,530  
Intangible Assets   774   774  
Other, Liabilities   $ 0   $ 0  
Woodhaven - Minneapolis, MN          
Acquisitions and development projects placed in service [Abstract]          
Number of homes | apartmentUnit   178   178  
Total Acquisition Cost       $ 25,009  
Form of Consideration          
Cash       1,682  
Units       15,200  
Other       8,127  
Investment Allocation          
Land   $ 3,940   3,940  
Building   20,080   20,080  
Intangible Assets   989   989  
Other, Liabilities   $ 0   $ 0  
Woodland Pointe - Minneapolis, MN          
Acquisitions and development projects placed in service [Abstract]          
Number of homes | apartmentUnit   288   288  
Total Acquisition Cost       $ 47,796  
Form of Consideration          
Cash       437  
Units       29,438  
Other       17,921  
Investment Allocation          
Land   $ 5,367   5,367  
Building   40,422   40,422  
Intangible Assets   2,007   2,007  
Other, Liabilities   $ 0   $ 0  
2020 Acquisitions          
Acquisitions and development projects placed in service [Abstract]          
Total Acquisition Cost     $ 144,800   $ 191,013
Form of Consideration          
Cash         173,350
Other         17,663
Investment Allocation          
Land     12,639   12,639
Building     168,974   168,974
Intangible Assets     2,995   2,995
Other, Assets     $ 6,405   $ 6,405
2020 Acquisitions | Series E Preferred Units          
Acquisitions and development projects placed in service [Abstract]          
Total Acquisition Cost $ 36,100        
Ironwood Apartments - New Hope, MN          
Acquisitions and development projects placed in service [Abstract]          
Number of homes | apartmentUnit     182   182
Total Acquisition Cost         $ 46,263
Form of Consideration          
Cash         28,600
Other         17,663
Investment Allocation          
Land     $ 2,165   2,165
Building     36,869   36,869
Intangible Assets     824   824
Other, Assets     $ 6,405   $ 6,405
Parkhouse Apartment Homes - Thornton, CO          
Acquisitions and development projects placed in service [Abstract]          
Number of homes | apartmentUnit     465   465
Total Acquisition Cost         $ 144,750
Form of Consideration          
Cash         144,750
Other         0
Investment Allocation          
Land     $ 10,474   10,474
Building     132,105   132,105
Intangible Assets     2,171   2,171
Other, Assets     $ 0   $ 0