v3.26.1
SEGMENT INFORMATION - Schedule of Reconciliation of Net Operating Income of Reportable Segments (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2025
Jun. 30, 2026
Dec. 31, 2025
Segment Reporting [Line Items]        
Real estate rental revenue $ 62,099 $ 123,592    
Real estate expenses 22,662 44,656    
Net operating income 39,437 78,936    
Other expense:        
Property management expenses (2,256) (4,502)    
General and administrative expenses (7,689) (16,918)    
Depreciation and amortization (23,560) (46,799)    
Interest expense (9,498) (18,958)    
Net loss (3,566) (8,241)    
Capital expenditures 8,753 14,451    
Total assets 1,810,204 1,810,204 $ 460,410 $ 2,114,281
Other        
Segment Reporting [Line Items]        
Real estate rental revenue 4,416 8,902    
Real estate expenses 1,401 2,786    
Net operating income 3,015 6,116    
Other expense:        
Capital expenditures 46 81    
Total assets 117,968 117,968    
Residential | Operating Segments        
Segment Reporting [Line Items]        
Real estate rental revenue 57,683 114,690    
Real estate expenses 21,261 41,870    
Net operating income 36,422 72,820    
Other expense:        
Capital expenditures 8,707 14,370    
Total assets $ 1,692,236 $ 1,692,236