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SEGMENTS - Schedule of Segment Assets and Accumulated Depreciation (Details)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2025
USD ($)
apartmentCommunity
Sep. 30, 2024
USD ($)
apartmentCommunity
Sep. 30, 2025
USD ($)
apartmentCommunity
Sep. 30, 2024
USD ($)
apartmentCommunity
Dec. 31, 2024
USD ($)
Segment assets          
Property owned $ 2,536,166   $ 2,536,166   $ 2,480,741
Less accumulated depreciation (638,217)   (638,217)   (625,980)
Total real estate investments 1,897,949   1,897,949   1,854,761
Cash and cash equivalents 12,896 $ 14,453 12,896 $ 14,453 12,030
Restricted cash 52,943 $ 2,794 52,943 $ 2,794 1,099
Other assets 47,516   47,516   45,817
Assets held for sale, net 86,302   86,302   0
TOTAL ASSETS 2,097,606   2,097,606   1,913,707
Disposal Group, Held-for-Sale, Not Discontinued Operations          
Segment assets          
Assets held for sale, net $ 86,302   $ 86,302    
Number of apartment communities designated as held for sale | apartmentCommunity 7 7 7 7  
All Other          
Segment assets          
Property owned $ 18,055   $ 18,055   235,644
Less accumulated depreciation (5,023)   (5,023)   (64,979)
Total real estate investments 13,032   13,032   170,665
Multifamily | Operating Segments          
Segment assets          
Property owned 2,518,111   2,518,111   2,245,097
Less accumulated depreciation (633,194)   (633,194)   (561,001)
Total real estate investments $ 1,884,917   $ 1,884,917   $ 1,684,096