SEGMENTS - Segment Assets and Accumulated Depreciation (Details) - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023	Sep. 30, 2023
Segment Reporting Information [Line Items]
Property owned	$ 2,438,255	$ 2,420,146
Less accumulated depreciation	(604,175)	(530,703)
Total real estate investments	1,834,080	1,889,443
Cash and cash equivalents	14,453	8,630	$ 29,701
Restricted cash	2,794	639	$ 22,496
Other assets	36,078	27,649
TOTAL ASSETS	1,887,405	1,926,361
Multifamily
Segment Reporting Information [Line Items]
Property owned	2,420,947	2,381,461
Less accumulated depreciation	(599,814)	(524,364)
Total real estate investments	1,821,133	1,857,097
All Other
Segment Reporting Information [Line Items]
Property owned	17,308	38,685
Less accumulated depreciation	(4,361)	(6,339)
Total real estate investments	$ 12,947	$ 32,346