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Segment Reporting - Summary of Segment Revenues and Net Operating Income (Details) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2022
Jun. 30, 2022
Mar. 31, 2022
Sep. 30, 2021
Jun. 30, 2021
Mar. 31, 2021
Sep. 30, 2022
Sep. 30, 2021
SEGMENT REPORTING                
Income from rental operations $ 34,531     $ 33,053     $ 101,264 $ 96,736
Expenses from rental operations 17,928     17,673     52,909 48,079
Net operating income 16,603     15,380     48,355 48,657
Depreciation and amortization 6,120     5,551     17,865 16,634
Interest 5,081     4,671     14,882 13,261
Administration of REIT 1,471     1,007     4,087 3,267
Other income (6,385)     (1,567)     (9,291) (4,337)
Net income 10,316 $ 7,107 $ 3,389 5,718 $ 8,278 $ 5,836 20,812 19,832
Residential                
SEGMENT REPORTING                
Income from rental operations 29,226     27,838     85,222 80,028
Expenses from rental operations 16,211     15,352     47,964 42,564
Net operating income 13,015     12,486     37,258 37,464
Commercial                
SEGMENT REPORTING                
Income from rental operations 5,305     5,215     16,042 16,708
Expenses from rental operations 1,717     2,321     4,945 5,515
Net operating income $ 3,588     $ 2,894     $ 11,097 $ 11,193