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SEGMENTS - Revenues and Net Operating Income (Loss) for Reportable Segments (Details)
 12 Months Ended
Dec. 31, 2024
USD ($)
apartmentCommunity
segment
Dec. 31, 2023
USD ($)
Dec. 31, 2022
USD ($)
Segment Reporting Information [Line Items]      
Number of reportable segments | segment 1    
Segment Reporting Information, Profit (Loss) [Abstract]      
Revenue $ 260,983,000 $ 261,309,000 $ 256,716,000
Property operating expenses      
On-site compensation 27,146,000 27,903,000 27,344,000
Repairs and maintenance 15,401,000 15,680,000 17,696,000
Utilities 15,524,000 17,019,000 19,372,000
Administrative and marketing 7,183,000 6,229,000 5,914,000
Insurance 11,084,000 10,222,000 9,744,000
Real estate taxes 26,906,000 28,759,000 28,567,000
Net operating income 157,739,000 155,497,000 148,079,000
Property management expenses (9,128,000) (9,353,000) (9,895,000)
Casualty loss (3,307,000) (2,095,000) (1,591,000)
Depreciation and amortization (106,450,000) (101,678,000) (105,257,000)
Impairment of real estate investments 0 (5,218,000) 0
General and administrative expenses (17,802,000) (20,080,000) (17,516,000)
Gain (loss) on sale of real estate and other investments (577,000) 71,244,000 41,000
Loss on litigation settlement 0 (3,864,000) 0
Interest expense (37,280,000) (36,429,000) (32,750,000)
Interest and other income 2,613,000 1,207,000 1,248,000
NET INCOME (LOSS) $ (14,192,000) 49,231,000 (17,641,000)
Disposed of by Sale      
Segment Reporting Information [Line Items]      
Number of properties sold, reclassified to other | apartmentCommunity 2    
Operating Segments | Multifamily      
Segment Reporting Information, Profit (Loss) [Abstract]      
Revenue $ 257,865,000 243,515,000 221,836,000
Property operating expenses      
On-site compensation 27,060,000 25,934,000 23,038,000
Repairs and maintenance 15,142,000 13,953,000 14,300,000
Utilities 15,300,000 15,421,000 15,845,000
Administrative and marketing 7,147,000 5,804,000 5,130,000
Insurance 10,983,000 9,399,000 8,007,000
Real estate taxes 26,317,000 26,722,000 24,524,000
Net operating income 155,916,000 146,282,000 130,992,000
All Other      
Segment Reporting Information, Profit (Loss) [Abstract]      
Revenue 3,118,000 17,794,000 34,880,000
Property operating expenses      
On-site compensation 86,000 1,969,000 4,306,000
Repairs and maintenance 259,000 1,727,000 3,396,000
Utilities 224,000 1,598,000 3,527,000
Administrative and marketing 36,000 425,000 784,000
Insurance 101,000 823,000 1,737,000
Real estate taxes 589,000 2,037,000 4,043,000
Net operating income $ 1,823,000 $ 9,215,000 $ 17,087,000