CONSOLIDATED STATEMENTS OF OPERATIONS AND OTHER COMPREHENSIVE INCOME - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Income from rental operations
Real estate rental income	$ 35,550	$ 33,817	$ 70,730	$ 66,734
Expenses from rental operations
Operating expenses	16,352	13,157	34,473	27,846
Real estate taxes	3,804	3,638	7,604	7,135
Depreciation and amortization	6,484	5,963	13,036	11,745
Interest	5,331	4,954	10,687	9,800
Total expenses from rental operations	31,971	27,712	65,800	56,526
Administration of REIT
Administration of REIT	1,140	1,400	2,451	2,617
Total expenses	33,111	29,112	68,251	59,143
Income from operations	2,439	4,705	2,479	7,591
Other income
Equity in (losses) of unconsolidated affiliates	(736)	(284)	(1,872)	(1,424)
Other income	340	152	747	442
Gain on sale or conversion of real estate investments	2,596	2,012	2,597	3,340
Gain on involuntary conversion	90	522	90	547
Total other income	2,290	2,402	1,562	2,905
Net income	4,729	7,107	4,041	10,496
Operating partnership	(1,361)	4,531	(1,769)	6,676
Partially owned properties	(49)	8	(89)	38
Net income attributable to Sterling Real Estate Trust	$ 6,139	$ 2,568	$ 5,899	$ 3,782
Net income attributable to Sterling Real Estate Trust per common share, basic	$ 0.56	$ 0.24	$ 0.54	$ 0.36
Net income attributable to Sterling Real Estate Trust per common share, diluted	$ 0.56	$ 0.24	$ 0.54	$ 0.36
Comprehensive income:
Net income	$ 4,729	$ 7,107	$ 4,041	$ 10,496
Other comprehensive gain (loss) - change in fair value of interest rate swaps	2,023	3,815	(355)	10,339
Comprehensive income:	6,752	10,922	3,686	20,835
Comprehensive (loss) income attributable to noncontrolling interest	(141)	6,974	(2,082)	13,315
Comprehensive income attributable to Sterling Real Estate Trust	$ 6,893	$ 3,948	$ 5,768	$ 7,520
Weighted average Common Shares outstanding, basic	11,039,000	10,564,000	10,996,000	10,515,000
Weighted average Common Shares outstanding, diluted	11,039,000	10,564,000	10,996,000	10,515,000