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Investments - Schedule of Real Estate Acquisitions (Details)
$ in Thousands
1 Months Ended 3 Months Ended 9 Months Ended
Apr. 30, 2025
USD ($)
home
community
Sep. 30, 2025
USD ($)
home
Jun. 30, 2025
USD ($)
home
community
Mar. 31, 2025
USD ($)
home
Sep. 30, 2025
USD ($)
home
Sep. 30, 2024
USD ($)
Asset Acquisition [Line Items]            
Payments to acquire other real estate         $ 643,975 $ 278,363
Avalon Hill Country            
Asset Acquisition [Line Items]            
Apartment homes acquired | home       554    
Payments to acquire other real estate       $ 136,000    
Avalon Wolf Ranch            
Asset Acquisition [Line Items]            
Apartment homes acquired | home       303    
Payments to acquire other real estate       $ 51,000    
eaves Twin Creeks            
Asset Acquisition [Line Items]            
Apartment homes acquired | home     216      
Payments to acquire other real estate     $ 44,784      
Avalon Benbrook            
Asset Acquisition [Line Items]            
Apartment homes acquired | home     301      
Payments to acquire other real estate     $ 60,194      
Avalon Castle Hills            
Asset Acquisition [Line Items]            
Apartment homes acquired | home     276      
Payments to acquire other real estate     $ 65,491      
Avalon Frisco            
Asset Acquisition [Line Items]            
Apartment homes acquired | home     330      
Payments to acquire other real estate     $ 80,419      
Avalon Frisco North            
Asset Acquisition [Line Items]            
Apartment homes acquired | home     349      
Payments to acquire other real estate     $ 88,606      
eaves North Dallas            
Asset Acquisition [Line Items]            
Apartment homes acquired | home     372      
Payments to acquire other real estate     $ 76,085      
Avalon at Palisades            
Asset Acquisition [Line Items]            
Apartment homes acquired | home   274        
Payments to acquire other real estate   $ 72,300        
Avalon Coconut Creek            
Asset Acquisition [Line Items]            
Apartment homes acquired | home   270        
Payments to acquire other real estate   $ 99,000        
eaves Redmond Campus II            
Asset Acquisition [Line Items]            
Apartment homes acquired | home   40        
Payments to acquire other real estate   $ 15,650        
2025 Acquisition            
Asset Acquisition [Line Items]            
Apartment homes acquired | home         3,285  
Payments to acquire other real estate         $ 789,529  
DownREIT Partnership            
Asset Acquisition [Line Items]            
Apartment homes acquired | home 1,844          
Payments to acquire other real estate $ 193,000          
Number of communities acquired | community 6   6