Annual report [Section 13 and 15(d), not S-K Item 405]

INVESTMENTS IN RENTAL PROPERTY - Schedule of Disposed Properties (Details)

v3.25.4
INVESTMENTS IN RENTAL PROPERTY - Schedule of Disposed Properties (Details)
$ in Thousands
12 Months Ended
Dec. 31, 2025
USD ($)
unit
Dec. 31, 2024
USD ($)
ft²
building
Dec. 31, 2023
USD ($)
ft²
building
Dec. 31, 2021
USD ($)
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]        
Mortgage and loans payable assigned through sales of rental property $ 41,000 $ 0 $ 0  
Return of escrow not originally expected amount   1,900    
Realized (gains) losses and unrealized (gains) losses on disposition of rental property, net 90,831 0 $ 0  
Buildings and improvements 2,584,333 2,634,321    
Accumulated depreciation, net $ 516,404 $ 432,531    
Revision of Prior Period, Adjustment        
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]        
Realized (gains) losses and unrealized (gains) losses on disposition of rental property, net       $ 1,600
Buildings and improvements       2,000
Accumulated depreciation, net       $ 400
Disposal Group, Disposed of by Sale, Not Discontinued Operations        
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]        
Units | unit 910      
Number of buildings on properties sold | building   1 7  
Rentable Square Feet | ft²   977,225 2,468,656,000  
Net Sales Proceeds $ 381,148 $ 81,515 $ 515,833  
Net Carrying Value 291,900 $ 81,228 $ 511,976  
Realized Gains (Losses) Unrealized Losses, net $ 90,831      
Disposal Group, Disposed of by Sale, Not Discontinued Operations | Signature Place        
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]        
Units | unit 197      
Net Sales Proceeds $ 83,254      
Net Carrying Value 45,840      
Realized Gains (Losses) Unrealized Losses, net $ 37,414      
Disposal Group, Disposed of by Sale, Not Discontinued Operations | 145 Front at City Square        
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]        
Units | unit 365      
Net Sales Proceeds $ 121,030      
Net Carrying Value 77,688      
Realized Gains (Losses) Unrealized Losses, net $ 43,342      
Disposal Group, Disposed of by Sale, Not Discontinued Operations | The James        
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]        
Units | unit 240      
Net Sales Proceeds $ 115,090      
Net Carrying Value 121,593      
Realized Gains (Losses) Unrealized Losses, net (6,503)      
Impairment charges $ 6,900      
Disposal Group, Disposed of by Sale, Not Discontinued Operations | Quarry Place at Tuckahoe (f)        
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]        
Units | unit 108      
Net Sales Proceeds $ 61,774      
Net Carrying Value 46,779      
Realized Gains (Losses) Unrealized Losses, net 14,995      
Mortgage and loans payable assigned through sales of rental property 41,000      
Disposal Group, Disposed of by Sale, Not Discontinued Operations | Harborside 5        
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]        
Number of buildings on properties sold | building   1    
Rentable Square Feet | ft²   977,225    
Net Sales Proceeds   $ 81,515    
Net Carrying Value   81,228    
Disposal Group, Disposed of by Sale, Not Discontinued Operations | XS Hotels        
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]        
Number of buildings on properties sold | building     2  
Rentable Square Feet | ft²     0  
Net Sales Proceeds     $ 93,358  
Net Carrying Value     92,578  
Loss from extinguishment of debt     $ 84,000  
Disposal Group, Disposed of by Sale, Not Discontinued Operations | Harborside 1, 2 and 3        
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]        
Number of buildings on properties sold | building     3  
Rentable Square Feet | ft²     1,886,800,000  
Net Sales Proceeds     $ 362,446  
Net Carrying Value     $ 362,304  
Disposal Group, Disposed of by Sale, Not Discontinued Operations | Harborside 6        
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]        
Number of buildings on properties sold | building     1  
Rentable Square Feet | ft²     231,856,000  
Net Sales Proceeds     $ 44,145  
Net Carrying Value     $ 43,722  
Disposal Group, Disposed of by Sale, Not Discontinued Operations | 23 Main Street        
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]        
Number of buildings on properties sold | building     1  
Rentable Square Feet | ft²     350,000,000  
Net Sales Proceeds     $ 15,884  
Net Carrying Value     13,372  
Deposits received     1,300  
Disposal Group, Disposed of by Sale, Not Discontinued Operations | Others        
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]        
Realized Gains (Losses) Unrealized Losses, net $ 1,583      
Disposed of by Sale        
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]        
Realized Gains (Losses) Unrealized Losses, net   3,447 2,411  
Disposed of by Sale | Harborside 5        
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]        
Realized Gains (Losses) Unrealized Losses, net   287    
Disposed of by Sale | XS Hotels        
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]        
Realized Gains (Losses) Unrealized Losses, net     780  
Disposed of by Sale | Harborside 1, 2 and 3        
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]        
Realized Gains (Losses) Unrealized Losses, net     142  
Disposed of by Sale | Harborside 6        
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]        
Realized Gains (Losses) Unrealized Losses, net     423  
Disposed of by Sale | 23 Main Street        
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]        
Realized Gains (Losses) Unrealized Losses, net     2,512  
Disposed of by Sale | Others        
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]        
Realized Gains (Losses) Unrealized Losses, net   $ 3,160 2,184  
Disposed of by Sale | Unrealized gains (losses) on real estate held for sale        
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]        
Realized Gains (Losses) Unrealized Losses, net     $ (3,630)