v3.26.1
REAL ESTATE OWNED - Additional Information (Details)
$ in Thousands
1 Months Ended 3 Months Ended 6 Months Ended
Jul. 31, 2026
USD ($)
community
home
Jun. 30, 2026
USD ($)
home
community
state
Apr. 30, 2026
USD ($)
home
Mar. 31, 2026
USD ($)
home
community
Jun. 30, 2026
USD ($)
home
community
state
Jun. 30, 2025
USD ($)
Jun. 30, 2026
USD ($)
home
community
state
Jun. 30, 2025
USD ($)
Real estate properties                
Number of real estate properties | community   162     162   162  
Number of states in which there are owned and consolidated communities | state   12     12   12  
Number of apartment homes owned and consolidated | home   54,173     54,173   54,173  
Gain/(loss) on sale of real estate owned         $ 35,704   $ 193,120 $ 47,939
Development costs excluding direct costs and capitalized interest         2,000 $ 1,400 6,500 4,000
Interest capitalized during period         $ 2,300 $ 2,100 $ 4,500 $ 4,100
235 operating community in Seattle, Washington                
Real estate properties                
Apartment agreed to be sold | home   235     235   235  
Aggregate sale price for apartments to be sold   $ 157,000     $ 157,000   $ 157,000  
Subsequent Event                
Real estate properties                
Number of communities agreed to sell | community 2              
Subsequent Event | 573 home operating community                
Real estate properties                
Apartment agreed to be sold | home 573              
Aggregate sale price for apartments to be sold $ 95,500              
Operating community 232 apartment homes in Portland, Oregon                
Real estate properties                
Number of apartment homes acquired | home     232          
Repayment of joint venture's loan     $ 53,400          
Equity investments settled upon liquidation     18,900          
Increase from acquisition     72,100          
In-place lease intangibles     1,200          
Gain (loss) from consolidation and remeasurement     300          
Payment of cash consideration     $ 0          
Four operating communities located in various markets                
Real estate properties                
Number of communities sold | community       4        
Number of apartment homes sold | home       1,159        
Proceeds from Sale of Real Estate       $ 362,000        
Gain/(loss) on sale of real estate owned       $ 157,400        
Home operating apartment community | Subsequent Event                
Real estate properties                
Number of apartment homes acquired | home 286              
Repayment of joint venture's loan $ 74,100              
Proceeds from preferred investment 27,500              
Payment of cash consideration $ 0              
Operating community nashville, Tennessee                
Real estate properties                
Number of communities sold | home   206            
Proceeds from Sale of Real Estate   $ 41,500            
Gain/(loss) on sale of real estate owned   35,700            
Escrow Deposit   $ 40,800     40,800   40,800  
Operating community 66 apartment homes in Santa Monica, California                
Real estate properties                
Number of apartment homes acquired | home   66            
Increase from acquisition   $ 45,100            
In-place lease intangibles   1,200     $ 1,200   $ 1,200  
Gain (loss) from consolidation and remeasurement   3,800            
OP Units Issued   $ 2,800