v3.26.1
SEGMENTS - Schedule of Segment Assets and Accumulated Depreciation (Details)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2026
USD ($)
apartmentCommunity
Jun. 30, 2026
USD ($)
apartmentCommunity
Dec. 31, 2025
USD ($)
Jun. 30, 2025
USD ($)
Segment assets        
Property owned $ 2,261,220 $ 2,261,220 $ 2,524,020  
Less accumulated depreciation (605,402) (605,402) (660,124)  
Total real estate investments 1,655,818 1,655,818 1,863,896  
Cash and cash equivalents 8,560 8,560 12,833 $ 12,378
Restricted cash 1,883 1,883 2,818 $ 5,815
Other assets 38,993 38,993 46,620  
Assets held for sale, net 135,111 135,111 0  
TOTAL ASSETS 1,840,365 1,840,365 1,926,167  
Held-for-Sale        
Segment assets        
Assets held for sale, net $ 135,111 $ 135,111    
Number of apartment communities designated as held for sale | apartmentCommunity 13 13    
All Other        
Segment assets        
Property owned $ 13,297 $ 13,297 16,280  
Less accumulated depreciation (3,772) (3,772) (4,709)  
Total real estate investments 9,525 9,525 11,571  
Unallocated        
Segment assets        
Property owned 0 0 48,637  
Less accumulated depreciation 0 0 (9,156)  
Total real estate investments 0 0 39,481  
Multifamily | Operating Segments        
Segment assets        
Property owned 2,247,923 2,247,923 2,459,103  
Less accumulated depreciation (601,630) (601,630) (646,259)  
Total real estate investments $ 1,646,293 $ 1,646,293 $ 1,812,844