XML 53 R42.htm IDEA: XBRL DOCUMENT v3.26.1
DEBT - Schedule of Debt (Details)
$ in Thousands
 3 Months Ended
Mar. 31, 2026
USD ($)
apartmentCommunity
Dec. 31, 2025
USD ($)
apartmentCommunity
Debt Instrument [Line Items]    
Carrying Amount $ 1,047,846 $ 1,053,909
Weighted average interest rate 3.60% 3.64%
Weighted average maturity (in years) 6 years 8 months 12 days  
Total debt $ 1,015,634 $ 1,021,164
Unsecured Senior Notes    
Debt Instrument [Line Items]    
Deferred financing costs on mortgages payable, net (406) (421)
Mortgages    
Debt Instrument [Line Items]    
Carrying Amount 398,600 400,100
Deferred financing costs, premiums, and discounts on mortgages payable, net $ (31,806) $ (32,324)
Number of real estate properties, serving as collateral for mortgage loans | apartmentCommunity 10 10
Mortgages | Mortgages payable - Fannie Mae credit facility (Level 3)    
Debt Instrument [Line Items]    
Carrying Amount $ 198,850 $ 198,850
Weighted average interest rate 2.78% 2.78%
Weighted average maturity (in years) 5 years 3 months 21 days  
Number of real estate properties, serving as collateral for mortgage loans | apartmentCommunity 7  
Mortgages | Mortgages payable - other    
Debt Instrument [Line Items]    
Carrying Amount $ 398,567 $ 400,134
Weighted average interest rate 3.88% 3.88%
Weighted average maturity (in years) 10 years 9 months 14 days  
Secured debt    
Debt Instrument [Line Items]    
Carrying Amount $ 597,417 $ 598,984
Weighted average maturity (in years) 8 years 11 months 19 days  
Unsecured Debt    
Debt Instrument [Line Items]    
Carrying Amount $ 450,429 454,925
Weighted average maturity (in years) 3 years 8 months 8 days  
Unsecured Debt | Line of Credit    
Debt Instrument [Line Items]    
Carrying Amount $ 150,429 $ 154,925
Weighted average interest rate 4.88% 5.12%
Weighted average maturity (in years) 2 years 3 months 25 days  
Unsecured Debt | Unsecured Senior Notes    
Debt Instrument [Line Items]    
Carrying Amount $ 300,000 $ 300,000
Weighted average interest rate 3.12% 3.12%
Weighted average maturity (in years) 4 years 4 months 17 days