$ELME
Elme Communities Stock $elme

$elme Overview Financials Valuation SEC Filings Company Website

2024 Q4 Form 10-Q Financial Statement

#000010489424000087 Filed on November 05, 2024

Income Statement

Concept	2024 Q4	2024 Q3
Revenue		$61.06M
YoY Change		7.77%
Cost Of Revenue		$22.26M
YoY Change		12.43%
Gross Profit		$38.80M
YoY Change		5.27%
Gross Profit Margin		63.54%
Selling, General & Admin		$6.354M
YoY Change		-0.25%
% of Gross Profit		16.38%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization		$23.47M
YoY Change		7.41%
% of Gross Profit		60.5%
Operating Expenses		$29.83M
YoY Change		5.5%
Operating Profit		$6.734M
YoY Change		-118.6%
Interest Expense		-$9.557M
YoY Change		-228.84%
% of Operating Profit		-141.92%
Other Income/Expense, Net		-$9.704M
YoY Change		30.82%
Pretax Income		-$2.970M
YoY Change		-93.19%
Income Tax
% Of Pretax Income
Net Earnings		-$2.970M
YoY Change		-93.19%
Net Earnings / Revenue		-4.86%
Basic Earnings Per Share		-$0.03
Diluted Earnings Per Share		-$0.03
COMMON SHARES
Basic Shares Outstanding	88.01M shares	88.01M shares
Diluted Shares Outstanding		87.93M shares

Balance Sheet

Concept	2024 Q4	2024 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments		$4.840M
YoY Change		-40.09%
Cash & Equivalents		$4.840M
Short-Term Investments
Other Short-Term Assets		$27.43M
YoY Change		-19.86%
Inventory
Prepaid Expenses
Receivables		$12.68M
Other Receivables		$0.00
Total Short-Term Assets		$44.95M
YoY Change		-21.98%
LONG-TERM ASSETS
Property, Plant & Equipment		$1.806B
YoY Change		-2.42%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets		$2.358M
YoY Change		12.07%
Total Long-Term Assets		$1.808B
YoY Change		-2.4%
TOTAL ASSETS
Total Short-Term Assets		$44.95M
Total Long-Term Assets		$1.808B
Total Assets		$1.853B
YoY Change		-2.99%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable		$36.30M
YoY Change		-10.75%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt		$0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities		$58.47M
YoY Change		-6.75%
LONG-TERM LIABILITIES
Long-Term Debt		$690.9M
YoY Change		2.94%
Other Long-Term Liabilities		$4.801M
YoY Change		42.67%
Total Long-Term Liabilities		$695.7M
YoY Change		3.14%
TOTAL LIABILITIES
Total Short-Term Liabilities		$58.47M
Total Long-Term Liabilities		$695.7M
Total Liabilities		$754.2M
YoY Change		2.3%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock		$880.0K
YoY Change		0.23%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity		$1.099B
YoY Change
Total Liabilities & Shareholders Equity		$1.853B
YoY Change		-2.99%

Cashflow Statement

Concept	2024 Q4	2024 Q3
OPERATING ACTIVITIES
Net Income		-$2.970M
YoY Change		-93.19%
Depreciation, Depletion And Amortization		$23.47M
YoY Change		7.41%
Cash From Operating Activities		$20.67M
YoY Change		33.19%
INVESTING ACTIVITIES
Capital Expenditures		$11.94M
YoY Change		-90.06%
Acquisitions
YoY Change
Other Investing Activities		$0.00
YoY Change
Cash From Investing Activities		-$11.94M
YoY Change		-90.06%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities		-9.422M
YoY Change		-108.78%
NET CHANGE
Cash From Operating Activities		20.67M
Cash From Investing Activities		-11.94M
Cash From Financing Activities		-9.422M
Net Change In Cash		-694.0K
YoY Change		-125.41%
FREE CASH FLOW
Cash From Operating Activities		$20.67M
Capital Expenditures		$11.94M
Free Cash Flow		$8.728M
YoY Change		-108.35%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
	dei	Entity Central Index Key EntityCentralIndexKey	0000104894
	dei	Security12b Title Security12bTitle	Shares of Beneficial Interest
	dei	Trading Symbol TradingSymbol	ELME
	dei	Security Exchange Name SecurityExchangeName	NYSE
	dei	Entity Current Reporting Status EntityCurrentReportingStatus	Yes
	dei	Entity Interactive Data Current EntityInteractiveDataCurrent	Yes
	dei	Entity Filer Category EntityFilerCategory	Large Accelerated Filer
	dei	Entity Small Business EntitySmallBusiness	false
	dei	Entity Emerging Growth Company EntityEmergingGrowthCompany	false
	dei	Entity Shell Company EntityShellCompany	false
CY2024Q4	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	88010278	shares
CY2024Q3	us-gaap	Land Land	383808000	usd
CY2023Q4	us-gaap	Land Land	384097000	usd
	dei	Document Type DocumentType	10-Q
CY2023Q4	us-gaap	Rental Properties RentalProperties	1960020000	usd
CY2024Q3	us-gaap	Real Estate Investment Property At Cost RealEstateInvestmentPropertyAtCost	2370404000	usd
CY2023Q4	us-gaap	Real Estate Investment Property At Cost RealEstateInvestmentPropertyAtCost	2344117000	usd
CY2024Q3	us-gaap	Real Estate Investment Property Accumulated Depreciation RealEstateInvestmentPropertyAccumulatedDepreciation	595533000	usd
CY2023Q4	us-gaap	Real Estate Investment Property Accumulated Depreciation RealEstateInvestmentPropertyAccumulatedDepreciation	528024000	usd
CY2023Q4	us-gaap	Real Estate Investment Property Net RealEstateInvestmentPropertyNet	1816093000	usd
CY2023Q4	us-gaap	Development In Process DevelopmentInProcess	30980000	usd
CY2024Q3	us-gaap	Real Estate Investments RealEstateInvestments	1805851000	usd
CY2023Q4	us-gaap	Real Estate Investments RealEstateInvestments	1847073000	usd
CY2024Q3	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	4840000	usd
CY2023Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	5984000	usd
CY2024Q3	us-gaap	Restricted Cash And Cash Equivalents RestrictedCashAndCashEquivalents	2358000	usd
CY2023Q4	us-gaap	Restricted Cash And Cash Equivalents RestrictedCashAndCashEquivalents	2554000	usd
CY2024Q3	us-gaap	Prepaid Expense And Other Assets PrepaidExpenseAndOtherAssets	27434000	usd
CY2023Q4	us-gaap	Assets Assets	1900028000	usd
CY2024Q3	us-gaap	Notes Payable NotesPayable	522914000	usd
CY2023Q4	us-gaap	Notes Payable NotesPayable	522345000	usd
CY2024Q3	us-gaap	Line Of Credit LineOfCredit	168000000	usd
CY2024Q3	us-gaap	Dividends Payable Current And Noncurrent DividendsPayableCurrentAndNoncurrent	15906000	usd
CY2023Q4	us-gaap	Dividends Payable Current And Noncurrent DividendsPayableCurrentAndNoncurrent	15863000	usd
CY2024Q3	us-gaap	Advance Rent AdvanceRent	4801000	usd
CY2023Q4	us-gaap	Advance Rent AdvanceRent	5248000	usd
CY2024Q3	us-gaap	Security Deposit Liability SecurityDepositLiability	6270000	usd
CY2023Q4	us-gaap	Security Deposit Liability SecurityDepositLiability	6225000	usd
CY2024Q3	us-gaap	Liabilities Liabilities	754186000	usd
CY2023Q4	us-gaap	Liabilities Liabilities	745678000	usd
CY2024Q3	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.01
CY2023Q4	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.01
CY2023Q4	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	10000000	shares
CY2024Q3	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	10000000	shares
CY2024Q3	us-gaap	Preferred Stock Value PreferredStockValue	0	usd
CY2023Q4	us-gaap	Preferred Stock Value PreferredStockValue	0	usd
CY2023Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
CY2024Q3	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
CY2024Q3	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	150000000	shares
CY2023Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	87867000	shares
CY2024Q3	us-gaap	Common Stock Value CommonStockValue	880000	usd
CY2024Q3	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	1739319000	usd
CY2024Q3	us-gaap	Accumulated Distributions In Excess Of Net Income AccumulatedDistributionsInExcessOfNetIncome	627186000	usd
CY2024Q3	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-14323000	usd
CY2024Q3	us-gaap	Real Estate Taxes And Insurance RealEstateTaxesAndInsurance	8163000	usd
CY2024Q3	elme	Costs Of Goods And Services Sold Property Management CostsOfGoodsAndServicesSoldPropertyManagement	2235000	usd
CY2024Q3	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	6354000	usd
CY2024Q3	elme	Transformation Costs TransformationCosts	0	usd
CY2024Q3	us-gaap	Depreciation And Amortization DepreciationAndAmortization	23474000	usd
CY2023Q3	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax	-149000	usd
	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax	-2894000	usd
	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax	372000	usd
CY2023Q3	elme	Other Comprehensive Income Loss Cash Flow Hedge Amortization Reclassification After Tax OtherComprehensiveIncomeLossCashFlowHedgeAmortizationReclassificationAfterTax	-510000	usd
	elme	Other Comprehensive Income Loss Cash Flow Hedge Amortization Reclassification After Tax OtherComprehensiveIncomeLossCashFlowHedgeAmortizationReclassificationAfterTax	-1529000	usd
	elme	Other Comprehensive Income Loss Cash Flow Hedge Amortization Reclassification After Tax OtherComprehensiveIncomeLossCashFlowHedgeAmortizationReclassificationAfterTax	-1529000	usd
	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q3
	dei	Amendment Flag AmendmentFlag	false
	us-gaap	Type Of Revenue Extensible List TypeOfRevenueExtensibleList	http://fasb.org/us-gaap/2024#RealEstateMember
	us-gaap	Type Of Revenue Extensible List TypeOfRevenueExtensibleList	http://fasb.org/us-gaap/2024#RealEstateMember
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	dei	Document Period End Date DocumentPeriodEndDate	2024-09-30
	dei	Document Transition Report DocumentTransitionReport	false
	dei	Entity Registrant Name EntityRegistrantName	ELME COMMUNITIES
	dei	Entity Address Address Line2 EntityAddressAddressLine2	SUITE 900
	dei	Entity Address City Or Town EntityAddressCityOrTown	BETHESDA
	dei	Entity Address State Or Province EntityAddressStateOrProvince	MD
	dei	Entity Address Postal Zip Code EntityAddressPostalZipCode	20814
	dei	City Area Code CityAreaCode	202
	dei	Local Phone Number LocalPhoneNumber	774-3200
CY2024Q3	us-gaap	Rental Properties RentalProperties	1986596000	usd
CY2024Q3	us-gaap	Real Estate Investment Property Net RealEstateInvestmentPropertyNet	1774871000	usd
CY2024Q3	us-gaap	Development In Process DevelopmentInProcess	30980000	usd
CY2024Q3	us-gaap	Accounts And Notes Receivable Net AccountsAndNotesReceivableNet	12676000	usd
CY2023Q4	us-gaap	Accounts And Notes Receivable Net AccountsAndNotesReceivableNet	17642000	usd
CY2023Q4	us-gaap	Prepaid Expense And Other Assets PrepaidExpenseAndOtherAssets	26775000	usd
CY2024Q3	us-gaap	Assets Assets	1853159000	usd
CY2023Q4	us-gaap	Line Of Credit LineOfCredit	157000000	usd
CY2024Q3	us-gaap	Accounts Payable And Accrued Liabilities Current And Noncurrent AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent	36295000	usd
CY2023Q4	us-gaap	Accounts Payable And Accrued Liabilities Current And Noncurrent AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent	38997000	usd
CY2023Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	150000000	shares
CY2023Q4	us-gaap	Common Stock Value CommonStockValue	879000	usd
CY2023Q4	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	1735530000	usd
CY2023Q4	us-gaap	Accumulated Distributions In Excess Of Net Income AccumulatedDistributionsInExcessOfNetIncome	569391000	usd
CY2023Q4	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-12958000	usd
CY2024Q3	us-gaap	Stockholders Equity StockholdersEquity	1098690000	usd
CY2023Q4	us-gaap	Stockholders Equity StockholdersEquity	1154060000	usd
CY2024Q3	us-gaap	Minority Interest MinorityInterest	283000	usd
CY2023Q4	us-gaap	Minority Interest MinorityInterest	290000	usd
CY2024Q3	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	1098973000	usd
CY2023Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	1154350000	usd
CY2024Q3	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	1853159000	usd
CY2023Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	1900028000	usd
CY2024Q3	us-gaap	Revenues Revenues	61055000	usd
CY2023Q3	us-gaap	Revenues Revenues	56651000	usd
	us-gaap	Revenues Revenues	180671000	usd
	us-gaap	Revenues Revenues	169059000	usd
CY2024Q3	elme	Property Operating And Maintenance PropertyOperatingAndMaintenance	14095000	usd
CY2023Q3	elme	Property Operating And Maintenance PropertyOperatingAndMaintenance	12696000	usd
	elme	Property Operating And Maintenance PropertyOperatingAndMaintenance	41555000	usd
	elme	Property Operating And Maintenance PropertyOperatingAndMaintenance	38360000	usd
CY2023Q3	us-gaap	Real Estate Taxes And Insurance RealEstateTaxesAndInsurance	7101000	usd
	us-gaap	Real Estate Taxes And Insurance RealEstateTaxesAndInsurance	24404000	usd
	us-gaap	Real Estate Taxes And Insurance RealEstateTaxesAndInsurance	21216000	usd
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	elme	Costs Of Goods And Services Sold Property Management CostsOfGoodsAndServicesSoldPropertyManagement	6628000	usd
	elme	Costs Of Goods And Services Sold Property Management CostsOfGoodsAndServicesSoldPropertyManagement	5882000	usd
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	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	18688000	usd
	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	19891000	usd
CY2023Q3	elme	Transformation Costs TransformationCosts	985000	usd
	elme	Transformation Costs TransformationCosts	0	usd
	elme	Transformation Costs TransformationCosts	6339000	usd
CY2023Q3	us-gaap	Depreciation And Amortization DepreciationAndAmortization	21904000	usd
	us-gaap	Depreciation And Amortization DepreciationAndAmortization	72312000	usd
	us-gaap	Depreciation And Amortization DepreciationAndAmortization	64855000	usd
CY2024Q3	us-gaap	Impairment Of Real Estate ImpairmentOfRealEstate	0	usd
CY2023Q3	us-gaap	Impairment Of Real Estate ImpairmentOfRealEstate	41860000	usd
	us-gaap	Impairment Of Real Estate ImpairmentOfRealEstate	0	usd
	us-gaap	Impairment Of Real Estate ImpairmentOfRealEstate	41860000	usd
CY2024Q3	us-gaap	Costs And Expenses CostsAndExpenses	54321000	usd
CY2023Q3	us-gaap	Costs And Expenses CostsAndExpenses	92851000	usd
	us-gaap	Costs And Expenses CostsAndExpenses	163587000	usd
	us-gaap	Costs And Expenses CostsAndExpenses	198403000	usd
CY2024Q3	us-gaap	Operating Income Loss OperatingIncomeLoss	6734000	usd
CY2023Q3	us-gaap	Operating Income Loss OperatingIncomeLoss	-36200000	usd
	us-gaap	Operating Income Loss OperatingIncomeLoss	17084000	usd
CY2024Q3	us-gaap	Gains Losses On Extinguishment Of Debt GainsLossesOnExtinguishmentOfDebt	-147000	usd
CY2023Q3	us-gaap	Gains Losses On Extinguishment Of Debt GainsLossesOnExtinguishmentOfDebt	0	usd
	us-gaap	Gains Losses On Extinguishment Of Debt GainsLossesOnExtinguishmentOfDebt	-147000	usd
	us-gaap	Gains Losses On Extinguishment Of Debt GainsLossesOnExtinguishmentOfDebt	-54000	usd
CY2024Q3	us-gaap	Other Nonoperating Income OtherNonoperatingIncome	0	usd
CY2023Q3	us-gaap	Other Nonoperating Income OtherNonoperatingIncome	0	usd
	us-gaap	Other Nonoperating Income OtherNonoperatingIncome	1410000	usd
	us-gaap	Other Nonoperating Income OtherNonoperatingIncome	569000	usd
CY2024Q3	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-9704000	usd
CY2023Q3	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-7418000	usd
	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-27172000	usd
	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-20528000	usd
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CY2023Q3	us-gaap	Net Income Loss NetIncomeLoss	-43618000	usd
	us-gaap	Net Income Loss NetIncomeLoss	-10088000	usd
	us-gaap	Net Income Loss NetIncomeLoss	-49872000	usd
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CY2023Q3	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.50
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.12
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.57
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	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.12
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.57
CY2024Q3	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	87930000	shares
CY2023Q3	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	87759000	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	87909000	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	87717000	shares
CY2024Q3	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	87930000	shares
CY2023Q3	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	87759000	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	87909000	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	87717000	shares
CY2024Q3	us-gaap	Net Income Loss NetIncomeLoss	-2970000	usd
CY2023Q3	us-gaap	Net Income Loss NetIncomeLoss	-43618000	usd
	us-gaap	Net Income Loss NetIncomeLoss	-10088000	usd
	us-gaap	Net Income Loss NetIncomeLoss	-49872000	usd
CY2024Q3	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax	-2181000	usd
CY2023Q3	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax	-149000	usd
	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax	372000	usd
CY2024Q3	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax	-509000	usd
CY2023Q3	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax	-510000	usd
	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax	-1529000	usd
	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax	-1529000	usd
CY2024Q3	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	-4642000	usd
CY2023Q3	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	-43257000	usd
	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	-11453000	usd
	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	-47971000	usd
CY2023Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	1154350000	usd
	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax	-2894000	usd
	us-gaap	Minority Interest Decrease From Distributions To Noncontrolling Interest Holders MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders	7000	usd
	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.54
	us-gaap	Dividends Dividends	47707000	usd
	dei	Entity File Number EntityFileNumber	1-6622
	us-gaap	Net Income Loss NetIncomeLoss	-10088000	usd
	us-gaap	Share Based Compensation ShareBasedCompensation	3714000	usd
	us-gaap	Amortization Of Financing Costs And Discounts AmortizationOfFinancingCostsAndDiscounts	3268000	usd
	us-gaap	Amortization Of Financing Costs And Discounts AmortizationOfFinancingCostsAndDiscounts	3160000	usd
	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2024
CY2024Q3	us-gaap	Type Of Revenue Extensible List TypeOfRevenueExtensibleList	http://fasb.org/us-gaap/2024#RealEstateMember
	dei	Document Quarterly Report DocumentQuarterlyReport	true
	dei	Entity Incorporation State Country Code EntityIncorporationStateCountryCode	MD
	dei	Entity Tax Identification Number EntityTaxIdentificationNumber	53-0261100
	dei	Entity Address Address Line1 EntityAddressAddressLine1	7550 WISCONSIN AVE
CY2024Q3	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	0	shares
CY2023Q4	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	0	shares
CY2024Q3	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	88010000	shares
CY2024Q3	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	88010000	shares
	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
CY2024Q3	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	0	shares
CY2023Q4	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	0	shares
	us-gaap	Gains Losses On Extinguishment Of Debt GainsLossesOnExtinguishmentOfDebt	-54000	usd
	elme	Gain Loss On Land Easement GainLossOnLandEasement	0	usd
	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	10591000	usd
	us-gaap	Increase Decrease In Other Operating Liabilities IncreaseDecreaseInOtherOperatingLiabilities	5443000	usd
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	61816000	usd
	us-gaap	Payments For Capital Improvements PaymentsForCapitalImprovements	33356000	usd
	us-gaap	Payments To Acquire Other Productive Assets PaymentsToAcquireOtherProductiveAssets	128000	usd
	elme	Proceeds From Land Easement ProceedsFromLandEasement	3862000	usd
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-29622000	usd
	us-gaap	Proceeds From Repayments Of Lines Of Credit ProceedsFromRepaymentsOfLinesOfCredit	11000000	usd
	us-gaap	Payments Of Dividends PaymentsOfDividends	47749000	usd
	us-gaap	Repayments Of Unsecured Debt RepaymentsOfUnsecuredDebt	0	usd
	us-gaap	Proceeds From Issuance Of Unsecured Debt ProceedsFromIssuanceOfUnsecuredDebt	0	usd
	us-gaap	Payment Of Financing And Stock Issuance Costs PaymentOfFinancingAndStockIssuanceCosts	5500000	usd
	us-gaap	Payments To Minority Shareholders PaymentsToMinorityShareholders	7000	usd
	us-gaap	Proceeds From Issuance Of Common Stock Dividend Reinvestment Plan ProceedsFromIssuanceOfCommonStockDividendReinvestmentPlan	0	usd
	us-gaap	Payments Related To Tax Withholding For Share Based Compensation PaymentsRelatedToTaxWithholdingForShareBasedCompensation	201000	usd
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-42457000	usd
	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-1340000	usd
CY2023Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	8538000	usd
CY2022Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	9852000	usd
CY2024Q3	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	7198000	usd
	elme	Change In Accrued Capital Improvement And Development Costs ChangeInAccruedCapitalImprovementAndDevelopmentCosts	-6749000	usd
CY2024Q3	us-gaap	Dividends Payable Current And Noncurrent DividendsPayableCurrentAndNoncurrent	15906000	usd
CY2024Q3	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	4840000	usd
CY2024Q3	us-gaap	Restricted Cash And Cash Equivalents RestrictedCashAndCashEquivalents	2358000	usd
	us-gaap	Impairment Of Real Estate ImpairmentOfRealEstate	0	usd
	us-gaap	Number Of Reportable Segments NumberOfReportableSegments	1	segment
CY2023Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	87867000	shares
	us-gaap	Operating Income Loss OperatingIncomeLoss	-29344000	usd
CY2024Q3	us-gaap	Interest Expense Nonoperating InterestExpenseNonoperating	9557000	usd
CY2023Q3	us-gaap	Interest Expense Nonoperating InterestExpenseNonoperating	7418000	usd
	us-gaap	Interest Expense Nonoperating InterestExpenseNonoperating	28435000	usd
	us-gaap	Interest Expense Nonoperating InterestExpenseNonoperating	21043000	usd
	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax	-2894000	usd
	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax	-1529000	usd
	us-gaap	Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures	3790000	usd
CY2024Q3	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	1098973000	usd
CY2022Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	1263786000	usd
	us-gaap	Net Income Loss NetIncomeLoss	-49872000	usd
	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax	372000	usd
	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax	-1529000	usd
	us-gaap	Minority Interest Decrease From Distributions To Noncontrolling Interest Holders MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders	6000	usd
	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.54
	us-gaap	Dividends Dividends	47562000	usd
	us-gaap	Stock Issued During Period Value Dividend Reinvestment Plan StockIssuedDuringPeriodValueDividendReinvestmentPlan	497000	usd
	us-gaap	Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures	4309000	usd
CY2023Q3	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	1173053000	usd
CY2024Q2	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	1118145000	usd
CY2024Q3	us-gaap	Net Income Loss NetIncomeLoss	-2970000	usd
CY2024Q3	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax	-2181000	usd
CY2024Q3	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax	-509000	usd
CY2024Q3	us-gaap	Minority Interest Decrease From Distributions To Noncontrolling Interest Holders MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders	2000	usd
CY2024Q3	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.18
CY2024Q3	us-gaap	Dividends Dividends	15906000	usd
CY2024Q3	us-gaap	Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures	1378000	usd
CY2024Q3	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	1098973000	usd
CY2023Q2	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	1230928000	usd
CY2023Q3	us-gaap	Net Income Loss NetIncomeLoss	-43618000	usd
CY2023Q3	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax	-149000	usd
CY2023Q3	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax	-510000	usd
CY2023Q3	us-gaap	Minority Interest Decrease From Distributions To Noncontrolling Interest Holders MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders	2000	usd
CY2023Q3	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.18
CY2023Q3	us-gaap	Dividends Dividends	15885000	usd
CY2023Q3	us-gaap	Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures	1269000	usd
CY2023Q3	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	1173053000	usd
	us-gaap	Net Income Loss NetIncomeLoss	-10088000	usd
	us-gaap	Net Income Loss NetIncomeLoss	-49872000	usd
	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	72312000	usd
	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	64855000	usd
	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	4046000	usd
	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	2876000	usd
	us-gaap	Impairment Of Real Estate ImpairmentOfRealEstate	0	usd
	us-gaap	Impairment Of Real Estate ImpairmentOfRealEstate	41860000	usd
	us-gaap	Share Based Compensation ShareBasedCompensation	4031000	usd
	us-gaap	Gains Losses On Extinguishment Of Debt GainsLossesOnExtinguishmentOfDebt	-147000	usd
	elme	Gain Loss On Land Easement GainLossOnLandEasement	1410000	usd
	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	3239000	usd
	us-gaap	Increase Decrease In Other Operating Liabilities IncreaseDecreaseInOtherOperatingLiabilities	1989000	usd
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	70739000	usd
	us-gaap	Payments To Acquire Commercial Real Estate PaymentsToAcquireCommercialRealEstate	0	usd
	us-gaap	Payments To Acquire Commercial Real Estate PaymentsToAcquireCommercialRealEstate	107595000	usd
	us-gaap	Payments For Capital Improvements PaymentsForCapitalImprovements	22293000	usd
	us-gaap	Payments To Acquire Other Productive Assets PaymentsToAcquireOtherProductiveAssets	395000	usd
	elme	Proceeds From Land Easement ProceedsFromLandEasement	0	usd
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-130283000	usd
	us-gaap	Proceeds From Repayments Of Lines Of Credit ProceedsFromRepaymentsOfLinesOfCredit	94000000	usd
	us-gaap	Payments Of Dividends PaymentsOfDividends	48495000	usd
	us-gaap	Repayments Of Unsecured Debt RepaymentsOfUnsecuredDebt	100000000	usd
	us-gaap	Proceeds From Issuance Of Unsecured Debt ProceedsFromIssuanceOfUnsecuredDebt	125000000	usd
	us-gaap	Payment Of Financing And Stock Issuance Costs PaymentOfFinancingAndStockIssuanceCosts	844000	usd
	us-gaap	Payments To Minority Shareholders PaymentsToMinorityShareholders	6000	usd
	us-gaap	Proceeds From Issuance Of Common Stock Dividend Reinvestment Plan ProceedsFromIssuanceOfCommonStockDividendReinvestmentPlan	497000	usd
	us-gaap	Payments Related To Tax Withholding For Share Based Compensation PaymentsRelatedToTaxWithholdingForShareBasedCompensation	1354000	usd
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	68798000	usd
	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	331000	usd
CY2023Q3	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	10183000	usd
	us-gaap	Interest Paid Net InterestPaidNet	28140000	usd
	us-gaap	Interest Paid Net InterestPaidNet	20066000	usd
	elme	Change In Accrued Capital Improvement And Development Costs ChangeInAccruedCapitalImprovementAndDevelopmentCosts	7343000	usd
CY2023Q3	us-gaap	Dividends Payable Current And Noncurrent DividendsPayableCurrentAndNoncurrent	15868000	usd
CY2023Q3	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	8079000	usd
CY2023Q3	us-gaap	Restricted Cash And Cash Equivalents RestrictedCashAndCashEquivalents	2104000	usd
CY2024Q3	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	7198000	usd
CY2023Q3	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	10183000	usd
	us-gaap	Nature Of Operations NatureOfOperations	NATURE OF BUSINESS<span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%"> </span><div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">Elme Communities, a Maryland real estate investment trust, is a self-administered equity real estate investment trust (“REIT”), and successor to a trust organized in 1960. Our business primarily consists of the ownership of apartment communities in the greater Washington, DC metro and Sunbelt regions. Within these notes to the financial statements, we refer to the three months ended September 30, 2024 and September 30, 2023 as the “2024 Quarter” and the “2023 Quarter,” respectively, and the nine months ended September 30, 2024 and September 30, 2023 as the “2024 Period” and the “2023 Period,” respectively.</span></div><div style="text-align:justify"><span><br/></span></div><div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Federal Income Taxes</span></div><div style="text-align:justify"><span><br/></span></div><div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">We believe that we qualify as a REIT under Sections 856-860 of the Internal Revenue Code of 1986, as amended (the “Code”), and intend to continue to qualify as such. To maintain our status as a REIT, we are, among other things, required to distribute 90% of our REIT taxable income (determined before the deduction for dividends paid and excluding net capital gains to our shareholders) on an annual basis. When selling a property, we generally have the option of (a) reinvesting the sales proceeds of property sold in a way that allows us to defer recognition of some or all taxable gain realized on the sale, (b) distributing gains to the shareholders with no tax to us or (c) treating net long-term capital gains as having been distributed to our shareholders, paying the tax on the gain deemed distributed and allocating the tax paid as a credit to our shareholders.</span></div>Generally, and subject to our ongoing qualification as a REIT, no provisions for income taxes are necessary except for taxes on undistributed taxable income and taxes on the income generated by our taxable REIT subsidiary (“TRS”). Our TRS is subject to corporate federal and state income tax on its taxable income at regular statutory rates. As of both September 30, 2024 and December 31, 2023, our TRS had a deferred tax asset of $1.4 million that was fully reserved.
	us-gaap	Use Of Estimates UseOfEstimates	<div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The preparation of financial statements in conformity with GAAP requires management to make certain estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.</span></div>
CY2024Q3	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax	-2181000	usd
CY2024Q3	elme	Other Comprehensive Income Loss Cash Flow Hedge Amortization Reclassification After Tax OtherComprehensiveIncomeLossCashFlowHedgeAmortizationReclassificationAfterTax	-509000	usd
CY2024Q3	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	1600000	usd
CY2023Q3	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	1400000	usd
	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	3700000	usd
	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	4000000.0	usd
CY2024Q3	us-gaap	Income Loss From Continuing Operations IncomeLossFromContinuingOperations	-2970000	usd
CY2023Q3	us-gaap	Income Loss From Continuing Operations IncomeLossFromContinuingOperations	-43618000	usd
	us-gaap	Income Loss From Continuing Operations IncomeLossFromContinuingOperations	-10088000	usd
	us-gaap	Income Loss From Continuing Operations IncomeLossFromContinuingOperations	-49872000	usd
CY2024Q3	elme	Distributed Continuing Operation Earnings Loss Allocation To Participating Securities DistributedContinuingOperationEarningsLossAllocationToParticipatingSecurities	78000	usd
CY2023Q3	elme	Distributed Continuing Operation Earnings Loss Allocation To Participating Securities DistributedContinuingOperationEarningsLossAllocationToParticipatingSecurities	71000	usd
	elme	Distributed Continuing Operation Earnings Loss Allocation To Participating Securities DistributedContinuingOperationEarningsLossAllocationToParticipatingSecurities	236000	usd
	elme	Distributed Continuing Operation Earnings Loss Allocation To Participating Securities DistributedContinuingOperationEarningsLossAllocationToParticipatingSecurities	209000	usd
CY2024Q3	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	-3048000	usd
CY2024Q3	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	-3048000	usd
CY2023Q3	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	-43689000	usd
CY2023Q3	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	-43689000	usd
	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	-10324000	usd
	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	-10324000	usd
	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	-50081000	usd
	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	-50081000	usd
CY2024Q3	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	87930000	shares
CY2024Q3	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	87930000	shares
CY2023Q3	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	87759000	shares
CY2023Q3	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	87759000	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	87909000	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	87909000	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	87717000	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	87717000	shares
CY2024Q3	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.03
CY2023Q3	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.50
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.12
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.57
CY2024Q3	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.03
CY2023Q3	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.50
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.12
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.57
CY2024Q3	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.18
CY2023Q3	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.18
	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.54
	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.54
CY2024Q3	us-gaap	Revenues Revenues	61055000	usd
CY2024Q3	us-gaap	Cost Of Goods And Services Sold CostOfGoodsAndServicesSold	22258000	usd
CY2024Q3	us-gaap	Gross Profit GrossProfit	38797000	usd
CY2024Q3	elme	Costs Of Goods And Services Sold Property Management CostsOfGoodsAndServicesSoldPropertyManagement	2235000	usd
CY2024Q3	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	6354000	usd
CY2024Q3	us-gaap	Depreciation And Amortization DepreciationAndAmortization	23474000	usd
CY2024Q3	us-gaap	Interest Expense Nonoperating InterestExpenseNonoperating	9557000	usd
CY2024Q3	us-gaap	Gains Losses On Extinguishment Of Debt GainsLossesOnExtinguishmentOfDebt	-147000	usd
CY2024Q3	us-gaap	Net Income Loss NetIncomeLoss	-2970000	usd
CY2024Q3	elme	Segment Capital Expenditures SegmentCapitalExpenditures	11938000	usd
CY2024Q3	us-gaap	Assets Assets	1853159000	usd
CY2023Q3	us-gaap	Revenues Revenues	56651000	usd
CY2023Q3	us-gaap	Cost Of Goods And Services Sold CostOfGoodsAndServicesSold	19797000	usd
CY2023Q3	us-gaap	Gross Profit GrossProfit	36854000	usd
CY2023Q3	elme	Costs Of Goods And Services Sold Property Management CostsOfGoodsAndServicesSoldPropertyManagement	1935000	usd
CY2023Q3	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	6370000	usd
CY2023Q3	elme	Transformation Costs TransformationCosts	985000	usd
CY2023Q3	us-gaap	Depreciation And Amortization DepreciationAndAmortization	21904000	usd
CY2023Q3	us-gaap	Interest Expense Nonoperating InterestExpenseNonoperating	7418000	usd
CY2023Q3	us-gaap	Impairment Of Real Estate ImpairmentOfRealEstate	41860000	usd
CY2023Q3	us-gaap	Net Income Loss NetIncomeLoss	-43618000	usd
CY2023Q3	elme	Segment Capital Expenditures SegmentCapitalExpenditures	12505000	usd
CY2023Q3	us-gaap	Assets Assets	1910273000	usd
	us-gaap	Revenues Revenues	180671000	usd
	us-gaap	Cost Of Goods And Services Sold CostOfGoodsAndServicesSold	65959000	usd
	us-gaap	Gross Profit GrossProfit	114712000	usd
	elme	Costs Of Goods And Services Sold Property Management CostsOfGoodsAndServicesSoldPropertyManagement	6628000	usd
	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	18688000	usd
	us-gaap	Depreciation And Amortization DepreciationAndAmortization	72312000	usd
	us-gaap	Interest Expense Nonoperating InterestExpenseNonoperating	28435000	usd
	us-gaap	Gains Losses On Extinguishment Of Debt GainsLossesOnExtinguishmentOfDebt	-147000	usd
	us-gaap	Other Nonoperating Income OtherNonoperatingIncome	1410000	usd
	us-gaap	Net Income Loss NetIncomeLoss	-10088000	usd
	elme	Segment Capital Expenditures SegmentCapitalExpenditures	33484000	usd
	us-gaap	Revenues Revenues	169059000	usd
	us-gaap	Cost Of Goods And Services Sold CostOfGoodsAndServicesSold	59576000	usd
	us-gaap	Gross Profit GrossProfit	109483000	usd
	elme	Costs Of Goods And Services Sold Property Management CostsOfGoodsAndServicesSoldPropertyManagement	5882000	usd
	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	19891000	usd
	elme	Transformation Costs TransformationCosts	6339000	usd
	us-gaap	Depreciation And Amortization DepreciationAndAmortization	64855000	usd
	us-gaap	Interest Expense Nonoperating InterestExpenseNonoperating	21043000	usd
	us-gaap	Gains Losses On Extinguishment Of Debt GainsLossesOnExtinguishmentOfDebt	-54000	usd
	us-gaap	Impairment Of Real Estate ImpairmentOfRealEstate	41860000	usd
	us-gaap	Other Nonoperating Income OtherNonoperatingIncome	569000	usd
	us-gaap	Net Income Loss NetIncomeLoss	-49872000	usd
	elme	Segment Capital Expenditures SegmentCapitalExpenditures	22688000	usd
	us-gaap	Sale Of Stock Number Of Shares Issued In Transaction SaleOfStockNumberOfSharesIssuedInTransaction	0	shares
	us-gaap	Sale Of Stock Number Of Shares Issued In Transaction SaleOfStockNumberOfSharesIssuedInTransaction	0	shares
	us-gaap	Stock Issued During Period Shares Dividend Reinvestment Plan StockIssuedDuringPeriodSharesDividendReinvestmentPlan	0	shares
	us-gaap	Stock Issued During Period Shares Dividend Reinvestment Plan StockIssuedDuringPeriodSharesDividendReinvestmentPlan	28000	shares
	elme	Stock Issued During Period Weighted Average Price Per Share Dividend Reinvestment Plan StockIssuedDuringPeriodWeightedAveragePricePerShareDividendReinvestmentPlan	17.64
	us-gaap	Proceeds From Issuance Of Common Stock Dividend Reinvestment Plan ProceedsFromIssuanceOfCommonStockDividendReinvestmentPlan	497000	usd
CY2024Q3	ecd	Non Rule10b51 Arr Adopted Flag NonRule10b51ArrAdoptedFlag	false
CY2024Q3	ecd	Rule10b51 Arr Adopted Flag Rule10b51ArrAdoptedFlag	false
CY2024Q3	ecd	Rule10b51 Arr Trmntd Flag Rule10b51ArrTrmntdFlag	false
CY2024Q3	ecd	Non Rule10b51 Arr Trmntd Flag NonRule10b51ArrTrmntdFlag	false

Files In Submission

Name	View Source	Status
0000104894-24-000087-index-headers.html	Edgar Link	pending
0000104894-24-000087-index.html	Edgar Link	pending
0000104894-24-000087.txt	Edgar Link	pending
0000104894-24-000087-xbrl.zip	Edgar Link	pending
elme-093024exhibit311.htm	Edgar Link	pending
elme-093024exhibit312.htm	Edgar Link	pending
elme-093024exhibit313.htm	Edgar Link	pending
elme-093024exhibit32.htm	Edgar Link	pending
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$ELME
Elme Communities Stock $elme

2024 Q4 Form 10-Q Financial Statement

#000010489424000087 Filed on November 05, 2024

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$ELME Elme Communities Stock $elme

2024 Q4 Form 10-Q Financial Statement

#000010489424000087 Filed on November 05, 2024

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$ELME
Elme Communities Stock $elme