Quarterly report [Sections 13 or 15(d)]

INVESTMENTS IN UNCONSOLIDATED JOINT VENTURES - Schedule of Unconsolidated Joint Ventures (Details)

v3.25.1
INVESTMENTS IN UNCONSOLIDATED JOINT VENTURES - Schedule of Unconsolidated Joint Ventures (Details)
$ in Thousands
3 Months Ended
Mar. 31, 2025
USD ($)
apartmentUnit
potentialApartmentUnit
Apr. 30, 2025
USD ($)
Dec. 31, 2024
USD ($)
Schedule of Equity Method Investments [Line Items]      
Carrying Value $ 111,607   $ 111,301
Balance $ 549,914    
Multifamily      
Schedule of Equity Method Investments [Line Items]      
Number of Apartment Units | apartmentUnit 2,087    
Multifamily | Metropolitan and Lofts at 40 Park      
Schedule of Equity Method Investments [Line Items]      
Number of Apartment Units | apartmentUnit 130    
Ownership percentage 25.00%    
Carrying Value $ 441   689
Balance $ 34,100    
Interest rate, variable (as a percent) 2.85%    
Multifamily | RiverTrace at Port Imperial      
Schedule of Equity Method Investments [Line Items]      
Number of Apartment Units | apartmentUnit 316    
Ownership percentage 22.50%    
Carrying Value $ 3,917   4,074
Balance $ 82,000    
Interest rate, stated (as a percent) 3.21%    
Multifamily | The Capstone at Port Imperial      
Schedule of Equity Method Investments [Line Items]      
Number of Apartment Units | apartmentUnit 360    
Ownership percentage 40.00%    
Carrying Value $ 19,810   20,519
Balance $ 135,000    
Interest rate, variable (as a percent) 1.20%    
Multifamily | Riverpark at Harrison      
Schedule of Equity Method Investments [Line Items]      
Number of Apartment Units | apartmentUnit 141    
Ownership percentage 45.00%    
Carrying Value $ 0   0
Balance $ 30,192    
Interest rate, stated (as a percent) 3.19%    
Multifamily | Station House      
Schedule of Equity Method Investments [Line Items]      
Number of Apartment Units | apartmentUnit 378    
Ownership percentage 50.00%    
Carrying Value $ 31,497   31,509
Balance $ 86,812    
Interest rate, stated (as a percent) 4.82%    
Multifamily | Urby at Harborside      
Schedule of Equity Method Investments [Line Items]      
Number of Apartment Units | apartmentUnit 762    
Ownership percentage 85.00%    
Carrying Value $ 54,264   52,832
Balance $ 181,810    
Interest rate, stated (as a percent) 5.20%    
Multifamily | Urby at Harborside | Subsequent Event      
Schedule of Equity Method Investments [Line Items]      
Balance   $ 181,800  
Multifamily | PI North - Land      
Schedule of Equity Method Investments [Line Items]      
Number of Apartment Units | potentialApartmentUnit 829    
Ownership percentage 20.00%    
Carrying Value $ 1,678   $ 1,678
Balance $ 0    
Interest rate, stated (as a percent) 0.00%    
Unconsolidated Joint Venture Office Buildings | Urby at Harborside | Subsequent Event      
Schedule of Equity Method Investments [Line Items]      
Ownership percentage   100.00%  
Unconsolidated Joint Venture Office Buildings | Urby at Harborside | Subsequent Event | Urby      
Schedule of Equity Method Investments [Line Items]      
Business acquired percentage   15.00%