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Segment Information - Summary of NOI by Segment (Details) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Segment Information        
Total property revenue $ 105,065 $ 116,818 $ 324,249 $ 352,662
NOI 58,886 68,336 189,811 211,427
Operating Segments        
Segment Information        
Property rental revenue 100,037 111,113 309,642 336,679
Other property revenue 5,028 5,705 14,607 15,983
Total property revenue 105,065 116,818 324,249 352,662
Real estate taxes 11,386 10,892 34,517 37,445
Payroll 6,750 7,297 20,447 22,489
Utilities 8,457 8,958 22,320 22,765
Repairs and maintenance 11,209 11,833 32,628 32,472
Other property operating 7,828 8,010 22,589 21,522
Total property expense 45,630 46,990 132,501 136,693
NOI 59,435 69,828 191,748 215,969
Operating Segments | Multifamily Segment        
Segment Information        
Property rental revenue 47,450 55,425 155,616 159,359
Other property revenue 845 1,085 2,120 2,738
Total property revenue 48,295 56,510 157,736 162,097
Real estate taxes 5,484 5,861 17,220 16,740
Payroll 3,553 4,040 11,141 12,444
Utilities 4,115 4,440 11,809 11,376
Repairs and maintenance 5,909 6,369 17,623 16,200
Other property operating 3,054 3,495 9,283 8,468
Total property expense 22,115 24,205 67,076 65,228
NOI 26,180 32,305 90,660 96,869
Operating Segments | Commercial Segment        
Segment Information        
Property rental revenue 52,587 55,688 154,026 177,320
Other property revenue 4,183 4,620 12,487 13,245
Total property revenue 56,770 60,308 166,513 190,565
Real estate taxes 5,902 5,031 17,297 20,705
Payroll 3,197 3,257 9,306 10,045
Utilities 4,342 4,518 10,511 11,389
Repairs and maintenance 5,300 5,464 15,005 16,272
Other property operating 4,774 4,515 13,306 13,054
Total property expense 23,515 22,785 65,425 71,465
NOI 33,255 37,523 101,088 119,100
Other        
Segment Information        
NOI $ (549) $ (1,492) $ (1,937) $ (4,542)