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Investments - Narrative (Details)
3 Months Ended 6 Months Ended 12 Months Ended
Jun. 30, 2023
USD ($)
loan
entity
Jun. 30, 2022
USD ($)
Jun. 30, 2023
USD ($)
loan
entity
Jun. 30, 2022
USD ($)
Dec. 31, 2022
community
Equity method investment          
Number of mezzanine loans | loan 3   3    
Initial commitment for mezzanine loan $ 92,375,000   $ 92,375,000    
Weighted average rate of return on other commitments 9.80%   9.80%    
Outstanding funding on mezzanine loans $ 55,869,000   $ 55,869,000    
Nonoperating expense related to development pursuits (1,261,000) $ (2,364,000) (4,253,000) $ (3,351,000)  
Impairment losses on long-lived assets 0 0 0 0  
Casualty loss 0 0 5,051,000 0  
Other than temporary losses on investments 0 0 0 0  
US Fund          
Equity method investment          
Number of Apartment Communities Sold | community         3
Northeast and California Regions | Severe Weather          
Equity method investment          
Casualty loss     5,051,000    
The Park Loggia          
Equity method investment          
Casualty loss 0 0 0 0  
Land Parcel          
Equity method investment          
Casualty loss $ 0 $ 0 $ 0 $ 0  
Unconsolidated real estate entities          
Equity method investment          
Number of unconsolidated real estate entities | entity 5   5    
Unconsolidated Real Estate Entity Under Development          
Equity method investment          
Number of unconsolidated real estate entities | entity 1   1    
Ownership percentage 25.00%   25.00%    
Proceeds from construction loans     $ 111,662,000    
US Fund          
Equity method investment          
Ownership percentage 28.60%   28.60%    
Income from recognition of promoted interest $ 1,072,000        
Minimum | Unconsolidated real estate entities          
Equity method investment          
Ownership percentage 20.00%   20.00%    
Maximum | Unconsolidated real estate entities          
Equity method investment          
Ownership percentage 50.00%   50.00%