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DEBT - Schedule of Debt (Details)
$ in Thousands
9 Months Ended
Sep. 30, 2024
USD ($)
apartmentCommunity
Dec. 31, 2023
USD ($)
apartmentCommunity
Debt Instrument [Line Items]    
Total debt $ 925,144 $ 921,124
Weighted average interest rate 3.59% 3.54%
Weighted average maturity (in years) 5 years 7 months 17 days  
Premiums and discounts, net $ (345) $ (1,134)
Deferred financing costs, net (3,533) (3,968)
Total debt 921,266 916,022
Mortgages    
Debt Instrument [Line Items]    
Total debt $ 387,300 $ 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) 6 years 9 months 21 days  
Mortgages | Mortgages payable - other    
Debt Instrument [Line Items]    
Total debt $ 387,294 $ 392,274
Weighted average interest rate 4.05% 4.05%
Weighted average maturity (in years) 5 years 10 days  
Secured debt    
Debt Instrument [Line Items]    
Total debt $ 586,144 $ 591,124
Weighted average maturity (in years) 5 years 7 months 17 days  
Unsecured Debt    
Debt Instrument [Line Items]    
Total debt $ 339,000 330,000
Weighted average maturity (in years) 5 years 7 months 20 days  
Unsecured Debt | Line of Credit    
Debt Instrument [Line Items]    
Total debt $ 39,000 $ 30,000
Weighted average interest rate 6.70% 6.74%
Weighted average maturity (in years) 3 years 9 months 25 days  
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) 5 years 10 months 13 days