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INVESTMENTS IN UNCONSOLIDATED JOINT VENTURES (Tables)
 3 Months Ended
Mar. 31, 2026
Equity Method Investments and Joint Ventures [Abstract]  
Schedule Of Unconsolidated Joint Ventures
The following is a summary of the Company's unconsolidated joint ventures as of March 31, 2026 and December 31, 2025 (dollars in thousands):
Property Debt
Entity / Property NameNumber of
Apartment Units		Company's
Effective
Ownership %		Carrying ValueAs of March 31, 2026
March 31,
2026		December 31,
2025		BalanceMaturity
Date		Interest
Rate
RiverTrace at Port Imperial 316units22.5 %3,449 3,353 82,000 11/10/26 3.21 %
The Capstone at Port Imperial360units40.0 %17,150 17,513 135,000 12/22/26
SOFR+
1.20 %
Riverpark at Harrison141units45.0 %— — 29,795 07/01/353.19 %
Station House378units50.0 %31,326 31,322 84,593 07/01/334.82 %
Totals:$51,925 $52,188 $331,388 
Schedule Of Company's Equity In Earnings (Loss) Of Unconsolidated Joint Ventures
The following is a summary of the Company’s equity in earnings (loss) of unconsolidated joint ventures for the three months ended March 31, 2026 and 2025, respectively (dollars in thousands):
Three Months Ended
March 31,
Entity / Property Name20262025
Metropolitan at 40 Park (a)$— $(249)
RiverTrace at Port Imperial 141 160 
The Capstone at Port Imperial 261 161 
Riverpark at Harrison54 54 
Station House4 (11)
Urby at Harborside (b)— 3,727 
Company's equity in earnings (loss) of unconsolidated joint ventures (c)$460 $3,842 
(a)In April 2025, the Company sold its interest in The Metropolitan at 40 Park multifamily rental property in Morristown, New Jersey.
(b)In April 2025, the Company acquired the remaining 15 percent controlling interest in the joint venture which owns Sable (previously referred to as "Urby at Harborside") and consolidated its full interest in the property.
(c)Amounts are net of amortization of basis differences of $0.1 million and $0.2 million for the three months ended March 31, 2026 and 2025, respectively.