v3.26.1
SEGMENT REPORTING - Summary of Segment Revenues and Net Operating Income (Details) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
SEGMENT REPORTING    
Income from rental operations $ 44,147 $ 42,180
Real Estate Expenses    
Real Estate Taxes 4,512 3,860
Property Management 5,394 5,150
Utilities 4,385 4,003
Repairs and Maintenance 7,584 7,123
Insurance 1,480 1,560
Expenses from rental operations 23,355 21,696
Net operating income 20,792 20,484
Depreciation and amortization 7,755 7,025
Interest 7,083 6,270
Administration of REIT 1,601 1,500
Other income (expense) (1,417) 782
Net income 5,770 4,907
Residential    
SEGMENT REPORTING    
Income from rental operations 39,299 37,191
Real Estate Expenses    
Real Estate Taxes 4,053 3,394
Property Management 5,165 4,915
Utilities 4,111 3,721
Repairs and Maintenance 7,161 6,599
Insurance 1,444 1,527
Expenses from rental operations 21,934 20,156
Net operating income 17,365 17,035
Commercial    
SEGMENT REPORTING    
Income from rental operations 4,848 4,989
Real Estate Expenses    
Real Estate Taxes 459 466
Property Management 229 235
Utilities 274 282
Repairs and Maintenance 423 524
Insurance 36 33
Expenses from rental operations 1,421 1,540
Net operating income $ 3,427 $ 3,449