v3.25.1
SEGMENT INFORMATION - Schedule of Reconciliation of Net Operating Income of Reportable Segments (Details) - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Dec. 31, 2024
Segment Reporting Information [Line Items]      
Real estate rental revenue $ 61,493 $ 59,513  
Real estate expenses 21,994 21,719  
Net operating income 39,499 37,794  
Property management expenses (2,246) (2,218)  
General and administrative expenses (9,229) (6,196)  
Depreciation and amortization (23,239) (24,943)  
Interest expense (9,460) (9,494)  
Other income 0 1,410  
Net loss (4,675) (3,647)  
Capital expenditures 5,698 13,622  
Total assets 1,827,579 1,876,539 $ 1,845,762
Reconciling Items      
Segment Reporting Information [Line Items]      
Real estate rental revenue 4,486 4,642  
Real estate expenses 1,385 1,361  
Net operating income 3,101 3,281  
Capital expenditures 35 57  
Total assets 123,699 125,311  
Residential | Operating Segments      
Segment Reporting Information [Line Items]      
Real estate rental revenue 57,007 54,871  
Real estate expenses 20,609 20,358  
Net operating income 36,398 34,513  
Capital expenditures 5,663 13,565  
Total assets $ 1,703,880 $ 1,751,228