Interest rate of mortgage loan within investment in mortgage loan on real estate by entity with substantial portion of business acquiring and holding investment real estate or interest in real estate.

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 12
-Paragraph Column B
-Subsection 29

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 948
-SubTopic 310
-Section S99
-Paragraph 1
-Subparagraph (SX 210.12-29(Column B))
-URI http://asc.fasb.org/extlink&oid=120402547&loc=d3e617274-123014

+ Details

Name:	srt_MortgageLoansOnRealEstateInterestRate
Namespace Prefix:	srt_
Data Type:	num:percentItemType
Balance Type:	na
Period Type:	duration

- Definition

Amount of undisbursed portion of financing receivable balance. Excludes financing receivable covered under loss sharing agreement.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 310
-SubTopic 10
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=121611835&loc=d3e5066-111524

+ Details

Name:	us-gaap_FinancingReceivableLoanInProcess
Namespace Prefix:	us-gaap_
Data Type:	xbrli:monetaryItemType
Balance Type:	credit
Period Type:	instant

- Definition

Amount, before allowance for credit loss, of financing receivable.

+ References

Reference 1: http://www.xbrl.org/2003/role/exampleRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 326
-SubTopic 20
-Section 55
-Paragraph 79
-URI http://asc.fasb.org/extlink&oid=121647567&loc=SL82922352-210448

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 326
-SubTopic 20
-Section 50
-Paragraph 5
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=121599337&loc=SL82919230-210447

Reference 3: http://www.xbrl.org/2003/role/exampleRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 326
-SubTopic 20
-Section 55
-Paragraph 80
-URI http://asc.fasb.org/extlink&oid=121647567&loc=SL82922355-210448

+ Details

Name:	us-gaap_NotesReceivableGross
Namespace Prefix:	us-gaap_
Data Type:	xbrli:monetaryItemType
Balance Type:	debit
Period Type:	instant

- References

No definition available.

+ Details

Name:	us-gaap_NotesReceivableNetAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

- Details

Name:	srt_MortgageLoansOnRealEstateDescriptionTypeOfPropertyAxis=iret_MultiFamilyResidentialMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

- Details

Name:	srt_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis=iret_IronwoodApartmentsNewHopeMNMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

- Details

Name:	us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis=iret_TaxIncrementFinancingMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

- Details

Name:	srt_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis=iret_MinneapolisMinnesotaMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

- Details

Name:	us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis=us-gaap_ConstructionLoansMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

- Details

Name:	us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis=iret_MezzanineLoanMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

- Details

Name:	srt_MortgageLoansOnRealEstateDescriptionTypeOfPropertyAxis=iret_MultiFamilySameStoreMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

- Details

Name:	srt_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis=iret_IronwoodMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

BASIS OF PRESENTATION AND SIGNIFICANT ACCOUNTING POLICIES - Mortgage Receivable and Notes Receivable (Details) - USD ($) $ in Thousands	1 Months Ended
	Mar. 31, 2020	Dec. 31, 2019	Mar. 31, 2021	Dec. 31, 2020
Multi-Family Residential \| Ironwood Apartments - New Hope, MN \| Tax Increment Financing
MORTGAGE RECEIVABLE AND NOTES RECEIVABLE
Interest rate	4.50%
Multi-Family Residential \| Minneapolis, Minnesota \| Construction Loans
MORTGAGE RECEIVABLE AND NOTES RECEIVABLE
Loan commitment		$ 29,900
Interest rate		4.50%
Loans receivable			$ 29,900	$ 24,700
Multi-Family Residential \| Minneapolis, Minnesota \| Mezzanine Loan
MORTGAGE RECEIVABLE AND NOTES RECEIVABLE
Loan commitment		$ 15,300
Interest rate		11.50%
Loans receivable			$ 112
Multi Family Same-Store \| Ironwood \| Tax Increment Financing
MORTGAGE RECEIVABLE AND NOTES RECEIVABLE
Loan commitment	$ 6,600			$ 6,600