Quarterly report [Sections 13 or 15(d)]

REVENUE - Schedule of Disaggregation of Revenue (Details)

v3.25.1
REVENUE - Schedule of Disaggregation of Revenue (Details) - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Disaggregation of Revenue [Line Items]    
Revenue $ 96,296 $ 102,790
Fund management fees    
Disaggregation of Revenue [Line Items]    
Revenue 59,308 61,105
Property management and leasing fees    
Disaggregation of Revenue [Line Items]    
Revenue 16,984 19,937
Construction management fees    
Disaggregation of Revenue [Line Items]    
Revenue 1,289 1,697
Transaction fees    
Disaggregation of Revenue [Line Items]    
Revenue 3,193 6,800
Funds | Fund management fees    
Disaggregation of Revenue [Line Items]    
Revenue 57,620 58,947
Joint ventures and separately managed accounts | Fund management fees    
Disaggregation of Revenue [Line Items]    
Revenue 1,688 2,158
Multifamily | Property management and leasing fees    
Disaggregation of Revenue [Line Items]    
Revenue 7,955 7,489
Multifamily | Construction management fees    
Disaggregation of Revenue [Line Items]    
Revenue 998 1,096
Seniors Housing | Property management and leasing fees    
Disaggregation of Revenue [Line Items]    
Revenue 5,256 5,820
Seniors Housing | Construction management fees    
Disaggregation of Revenue [Line Items]    
Revenue 126 214
Office | Property management and leasing fees    
Disaggregation of Revenue [Line Items]    
Revenue 1,382 4,056
Office | Construction management fees    
Disaggregation of Revenue [Line Items]    
Revenue 61 339
Single-Family Rental | Property management and leasing fees    
Disaggregation of Revenue [Line Items]    
Revenue 2,391 2,572
Other | Construction management fees    
Disaggregation of Revenue [Line Items]    
Revenue 104 48
Acquisition fees | Transaction fees    
Disaggregation of Revenue [Line Items]    
Revenue 1,994 5,721
Brokerage fees | Transaction fees    
Disaggregation of Revenue [Line Items]    
Revenue $ 1,199 $ 1,079