SEGMENT REPORTING - Segment Assets and Accumulated Depreciation (Details) - USD ($) $ in Thousands	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Segment Reporting Information [Line Items]
Property owned	$ 2,480,741	$ 2,420,146
Less accumulated depreciation	(625,980)	(530,703)
Total real estate investments	1,854,761	1,889,443
Cash and cash equivalents	12,030	8,630	$ 10,458
Restricted cash	1,099	639	$ 1,433
Other assets	45,817	27,649
TOTAL ASSETS	1,913,707	1,926,361
All Other
Segment Reporting Information [Line Items]
Property owned	17,979	38,685
Less accumulated depreciation	(4,534)	(6,339)
Total real estate investments	13,445	32,346
Multifamily | Operating Segments
Segment Reporting Information [Line Items]
Property owned	2,462,762	2,381,461
Less accumulated depreciation	(621,446)	(524,364)
Total real estate investments	$ 1,841,316	$ 1,857,097