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v3.25.2

SEGMENTS - Schedule of Segment Assets and Accumulated Depreciation (Details) $ in Thousands | 3 Months Ended | 6 Months Ended |
--- | --- | --- | ---
Jun. 30, 2025 USD ($) apartmentCommunity | Jun. 30, 2024 USD ($) apartmentCommunity | Jun. 30, 2025 USD ($) apartmentCommunity | Jun. 30, 2024 USD ($) apartmentCommunity | Dec. 31, 2024 USD ($)
Segment Reporting Information [Line Items] |  |  |  |  |
Property owned | $ 2,422,435 |  | $ 2,422,435 |  | $ 2,480,741
Less accumulated depreciation | (612,827) |  | (612,827) |  | (625,980)
Total real estate investments | 1,809,608 |  | 1,809,608 |  | 1,854,761
Cash and cash equivalents | 12,378 | $ 14,328 | 12,378 | $ 14,328 | 12,030
Restricted cash | 5,815 | $ 1,084 | 5,815 | $ 1,084 | 1,099
Other assets | 48,072 |  | 48,072 |  | 45,817
Assets held for sale, net | 137,366 |  | 137,366 |  | 0
TOTAL ASSETS | 2,013,239 |  | 2,013,239 |  | 1,913,707
Disposal Group, Held-for-Sale, Not Discontinued Operations |  |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |  |
Assets held for sale, net | $ 137,366 |  | $ 137,366 |  |
Number of apartment communities designated as held for sale | apartmentCommunity | 12 | 12 | 12 | 12 |
All Other |  |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |  |
Property owned | $ 18,039 |  | $ 18,039 |  | 235,644
Less accumulated depreciation | (4,850) |  | (4,850) |  | (64,979)
Total real estate investments | 13,189 |  | 13,189 |  | 170,665
Multifamily | Operating Segments |  |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |  |
Property owned | 2,404,396 |  | 2,404,396 |  | 2,245,097
Less accumulated depreciation | (607,977) |  | (607,977) |  | (561,001)
Total real estate investments | $ 1,796,419 |  | $ 1,796,419 |  | $ 1,684,096

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