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