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DEBT - Schedule of Debt (Details)
$ in Thousands
6 Months Ended
Jun. 30, 2024
USD ($)
apartmentCommunity
Dec. 31, 2023
USD ($)
apartmentCommunity
Debt Instrument [Line Items]    
Total debt $ 935,999 $ 921,124
Weighted average interest rate 3.62% 3.54%
Weighted average maturity (in years) 5 years 8 months 19 days  
Premiums and discounts, net $ (608) $ (1,134)
Deferred financing costs, net (3,708) (3,968)
Total debt 931,683 916,022
Mortgages    
Debt Instrument [Line Items]    
Total debt $ 389,100 $ 392,300
Number of real estate properties, serving as collateral for mortgage loans | apartmentCommunity 14 14
Mortgages | Mortgages payable - Fannie Mae credit facility    
Debt Instrument [Line Items]    
Total debt $ 198,850 $ 198,850
Weighted average interest rate 2.78% 2.78%
Weighted average maturity (in years) 7 years 21 days  
Mortgages | Mortgages payable - other    
Debt Instrument [Line Items]    
Total debt $ 389,149 $ 392,274
Weighted average interest rate 4.05% 4.05%
Weighted average maturity (in years) 5 years 3 months 7 days  
Secured debt    
Debt Instrument [Line Items]    
Total debt $ 587,999 $ 591,124
Weighted average maturity (in years) 5 years 10 months 17 days  
Unsecured Debt    
Debt Instrument [Line Items]    
Total debt $ 348,000 330,000
Weighted average maturity (in years) 5 years 5 months 12 days  
Unsecured Debt | Line of Credit    
Debt Instrument [Line Items]    
Total debt $ 48,000 $ 30,000
Weighted average interest rate 6.69% 6.74%
Weighted average maturity (in years) 1 year 3 months  
Unsecured Debt | Unsecured Senior Notes    
Debt Instrument [Line Items]    
Total debt $ 300,000 $ 300,000
Weighted average interest rate 3.12% 3.12%
Weighted average maturity (in years) 6 years 1 month 17 days