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SEGMENTS - Revenues and Net Operating Income for Reportable Segments (Details)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2023
USD ($)
apartmentCommunity
Jun. 30, 2022
USD ($)
apartmentCommunity
Jun. 30, 2023
USD ($)
apartmentCommunity
segment
Jun. 30, 2022
USD ($)
apartmentCommunity
Segment Reporting Information [Line Items]        
Number of reportable segments | segment     1  
Segment revenues and net operating income [Abstract]        
Revenue $ 64,776 $ 63,116 $ 132,673 $ 123,430
Property operating expenses, including real estate taxes 25,046 26,216 53,969 52,089
Net operating income 39,730 36,900 78,704 71,341
Property management (2,247) (2,721) (4,815) (4,974)
Casualty loss (53) (382) (305) (980)
Depreciation and amortization (24,371) (24,768) (50,364) (55,769)
General and administrative expenses (4,162) (5,221) (11,885) (9,721)
Gain (loss) on sale of real estate and other investments (67) 27 60,092 27
Loss on litigation settlement (2,864) 0 (2,864) 0
Interest expense (8,641) (7,561) (18,960) (15,276)
Interest and other income 295 (17) 344 1,046
Net loss (2,380) (3,743) 49,947 (14,306)
Multifamily        
Segment revenues and net operating income [Abstract]        
Revenue 63,733 57,436 126,230 112,352
Property operating expenses, including real estate taxes 24,730 23,398 50,633 46,478
Net operating income 39,003 34,038 75,597 65,874
All Other        
Segment revenues and net operating income [Abstract]        
Revenue 1,043 5,680 6,443 11,078
Property operating expenses, including real estate taxes 316 2,818 3,336 5,611
Net operating income $ 727 $ 2,862 $ 3,107 $ 5,467
All Other | Disposed of by Sale        
Segment Reporting Information [Line Items]        
Number of properties sold | apartmentCommunity 0 0 9 0