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ACQUISITIONS AND DISPOSITIONS - Acquisitions (Details)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 01, 2021
USD ($)
apartmentCommunity
Sep. 30, 2022
USD ($)
Sep. 30, 2021
USD ($)
Sep. 30, 2022
USD ($)
apartmentHome
Sep. 30, 2021
USD ($)
apartmentHome
2022 Acquisitions          
Acquisitions and development projects placed in service [Abstract]          
Total acquisition cost       $ 211,874  
Form of Consideration          
Cash       104,093  
Units       22,882  
Other       84,899  
Investment Allocation          
Land   $ 13,812   13,812  
Building   192,229   192,229  
Intangible Assets   7,050   7,050  
Other   (1,217)   $ (1,217)  
Martin Blu - Minneapolis, MN          
Acquisitions and development projects placed in service [Abstract]          
Number of apartment homes acquired | apartmentHome       191  
Total acquisition cost       $ 49,825  
Form of Consideration          
Cash       3,031  
Units       18,885  
Other       27,909  
Investment Allocation          
Land   3,547   3,547  
Building   45,212   45,212  
Intangible Assets   1,813   1,813  
Other   (747)   $ (747)  
Elements - Minneapolis, MN          
Acquisitions and development projects placed in service [Abstract]          
Number of apartment homes acquired | apartmentHome       31  
Total acquisition cost       $ 9,066  
Form of Consideration          
Cash       1,290  
Units       1,748  
Other       6,028  
Investment Allocation          
Land   941   941  
Building   7,853   7,853  
Intangible Assets   335   335  
Other   (63)   $ (63)  
Zest - Minneapolis, MN          
Acquisitions and development projects placed in service [Abstract]          
Number of apartment homes acquired | apartmentHome       45  
Total acquisition cost       $ 11,364  
Form of Consideration          
Cash       1,429  
Units       2,249  
Other       7,686  
Investment Allocation          
Land   936   936  
Building   10,261   10,261  
Intangible Assets   574   574  
Other   (407)   $ (407)  
Noko Apartments - Minneapolis, MN          
Acquisitions and development projects placed in service [Abstract]          
Number of apartment homes acquired | apartmentHome       130  
Total acquisition cost       $ 46,619  
Form of Consideration          
Cash       3,343  
Units       0  
Other       43,276  
Investment Allocation          
Land   1,915   1,915  
Building   42,754   42,754  
Intangible Assets   1,950   1,950  
Other   0   $ 0  
Lyra Apartments - Centennial, CO          
Acquisitions and development projects placed in service [Abstract]          
Number of apartment homes acquired | apartmentHome       215  
Total acquisition cost   95,000   $ 95,000  
Form of Consideration          
Cash       95,000  
Units       0  
Other       0  
Investment Allocation          
Land   6,473   6,473  
Building   86,149   86,149  
Intangible Assets   2,378   2,378  
Other   $ 0   $ 0  
2021 Acquisitions          
Acquisitions and development projects placed in service [Abstract]          
Number of apartment homes acquired | apartmentCommunity 17        
Total acquisition cost $ 36,100       $ 436,816
Form of Consideration          
Cash         92,599
Units         217,513
Other         126,704
Investment Allocation          
Land     $ 45,580   45,580
Building     375,985   375,985
Intangible Assets     17,604   17,604
Other     (2,353)   $ (2,353)
2021 Quarterly Acquisitions          
Acquisitions and development projects placed in service [Abstract]          
Total acquisition cost     359,900    
Union Pointe Apartment Homes - Longmont, CO          
Acquisitions and development projects placed in service [Abstract]          
Number of apartment homes acquired | apartmentHome         256
Total acquisition cost         $ 76,900
Form of Consideration          
Cash         76,900
Units         0
Other         0
Investment Allocation          
Land     5,727   5,727
Building     69,966   69,966
Intangible Assets     1,207   1,207
Other     0   $ 0
Bayberry Place - Minneapolis, MN          
Acquisitions and development projects placed in service [Abstract]          
Number of apartment homes acquired | apartmentHome         120
Total acquisition cost         $ 16,673
Form of Consideration          
Cash         898
Units         9,855
Other         5,920
Investment Allocation          
Land     1,807   1,807
Building     14,113   14,113
Intangible Assets     753   753
Other     0   $ 0
Burgandy & Hillsboro Court - Minneapolis, MN          
Acquisitions and development projects placed in service [Abstract]          
Number of apartment homes acquired | apartmentHome         251
Total acquisition cost         $ 35,569
Form of Consideration          
Cash         2,092
Units         22,542
Other         10,935
Investment Allocation          
Land     2,834   2,834
Building     31,148   31,148
Intangible Assets     1,587   1,587
Other     0   $ 0
Venue on Knox - Minneapolis, MN          
Acquisitions and development projects placed in service [Abstract]          
Number of apartment homes acquired | apartmentHome         97
Total acquisition cost         $ 18,896
Form of Consideration          
Cash         500
Units         11,375
Other         7,021
Investment Allocation          
Land     3,438   3,438
Building     14,743   14,743
Intangible Assets     715   715
Other     0   $ 0
Gatewood - St. Cloud, MN          
Acquisitions and development projects placed in service [Abstract]          
Number of apartment homes acquired | apartmentHome         120
Total acquisition cost         $ 7,781
Form of Consideration          
Cash         378
Units         3,388
Other         4,015
Investment Allocation          
Land     327   327
Building     6,858   6,858
Intangible Assets     596   596
Other     0   $ 0
Grove Ridge - Minneapolis, MN          
Acquisitions and development projects placed in service [Abstract]          
Number of apartment homes acquired | apartmentHome         84
Total acquisition cost         $ 12,060
Form of Consideration          
Cash         121
Units         8,579
Other         3,360
Investment Allocation          
Land     1,250   1,250
Building     10,271   10,271
Intangible Assets     539   539
Other     0   $ 0
The Legacy - St. Cloud, MN          
Acquisitions and development projects placed in service [Abstract]          
Number of apartment homes acquired | apartmentHome         119
Total acquisition cost         $ 10,560
Form of Consideration          
Cash         229
Units         5,714
Other         4,617
Investment Allocation          
Land     412   412
Building     9,556   9,556
Intangible Assets     592   592
Other     0   $ 0
New Hope Garden & Village - Minneapolis, MN          
Acquisitions and development projects placed in service [Abstract]          
Number of apartment homes acquired | apartmentHome         151
Total acquisition cost         $ 15,006
Form of Consideration          
Cash         1,435
Units         10,812
Other         2,759
Investment Allocation          
Land     1,603   1,603
Building     12,578   12,578
Intangible Assets     825   825
Other     0   $ 0
Palisades - Minneapolis, MN          
Acquisitions and development projects placed in service [Abstract]          
Number of apartment homes acquired | apartmentHome         330
Total acquisition cost         $ 53,354
Form of Consideration          
Cash         2,884
Units         30,470
Other         20,000
Investment Allocation          
Land     6,919   6,919
Building     46,577   46,577
Intangible Assets     2,211   2,211
Other     (2,353)   $ (2,353)
Plymouth Pointe - Minneapolis, MN          
Acquisitions and development projects placed in service [Abstract]          
Number of apartment homes acquired | apartmentHome         96
Total acquisition cost         $ 14,450
Form of Consideration          
Cash         370
Units         9,061
Other         5,019
Investment Allocation          
Land     1,042   1,042
Building     12,809   12,809
Intangible Assets     599   599
Other     0   $ 0
Pointe West - St. Cloud, MN          
Acquisitions and development projects placed in service [Abstract]          
Number of apartment homes acquired | apartmentHome         93
Total acquisition cost         $ 7,558
Form of Consideration          
Cash         91
Units         3,605
Other         3,862
Investment Allocation          
Land     246   246
Building     6,849   6,849
Intangible Assets     463   463
Other     0   $ 0
River Pointe - Minneapolis MN          
Acquisitions and development projects placed in service [Abstract]          
Number of apartment homes acquired | apartmentHome         301
Total acquisition cost         $ 38,348
Form of Consideration          
Cash         2,249
Units         21,653
Other         14,446
Investment Allocation          
Land     3,346   3,346
Building     33,117   33,117
Intangible Assets     1,885   1,885
Other     0   $ 0
Southdale Parc - Minneapolis, MN          
Acquisitions and development projects placed in service [Abstract]          
Number of apartment homes acquired | apartmentHome         70
Total acquisition cost         $ 9,670
Form of Consideration          
Cash         165
Units         7,907
Other         1,598
Investment Allocation          
Land     1,569   1,569
Building     7,740   7,740
Intangible Assets     361   361
Other     0   $ 0
Portage - Minneapolis, MN          
Acquisitions and development projects placed in service [Abstract]          
Number of apartment homes acquired | apartmentHome         62
Total acquisition cost         $ 9,171
Form of Consideration          
Cash         323
Units         5,588
Other         3,260
Investment Allocation          
Land     2,133   2,133
Building     6,685   6,685
Intangible Assets     353   353
Other     0   $ 0
Windsor Gates - Minneapolis, MN          
Acquisitions and development projects placed in service [Abstract]          
Number of apartment homes acquired | apartmentHome         200
Total acquisition cost         $ 22,231
Form of Consideration          
Cash         1,122
Units         12,080
Other         9,029
Investment Allocation          
Land     2,140   2,140
Building     18,943   18,943
Intangible Assets     1,148   1,148
Other     0   $ 0
Wingate - Minneapolis, MN          
Acquisitions and development projects placed in service [Abstract]          
Number of apartment homes acquired | apartmentHome         136
Total acquisition cost         $ 15,784
Form of Consideration          
Cash         723
Units         10,246
Other         4,815
Investment Allocation          
Land     1,480   1,480
Building     13,530   13,530
Intangible Assets     774   774
Other     0   $ 0
Woodhaven - Minneapolis, MN          
Acquisitions and development projects placed in service [Abstract]          
Number of apartment homes acquired | apartmentHome         178
Total acquisition cost         $ 25,009
Form of Consideration          
Cash         1,682
Units         15,200
Other         8,127
Investment Allocation          
Land     3,940   3,940
Building     20,080   20,080
Intangible Assets     989   989
Other     0   $ 0
Woodland Pointe - Minneapolis, MN          
Acquisitions and development projects placed in service [Abstract]          
Number of apartment homes acquired | apartmentHome         288
Total acquisition cost         $ 47,796
Form of Consideration          
Cash         437
Units         29,438
Other         17,921
Investment Allocation          
Land     5,367   5,367
Building     40,422   40,422
Intangible Assets     2,007   2,007
Other     $ 0   $ 0