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Commitments and Contingencies (Tables) | 6 Months Ended
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Jun. 30, 2024
Commitments and Contingencies Disclosure [Abstract] |
Summary of Real Estate Development Commitments | The following table summarizes the gross remaining total project costs for the Company’s projects under development at June 30, 2024 (total project costs remaining in thousands):
|  | Projects |  |  | Apartment Units |  |  | Total Project Costs Remaining (1) |
Projects Under Development |  |  |  |  |  |  |  |  |
Consolidated |  |  | 2 |  |  |  | 665 |  |  | $ | 196,510 |
Unconsolidated |  |  | 5 |  |  |  | 1,773 |  |  |  | 56,154 |
Total Projects Under Development |  |  | 7 |  |  |  | 2,438 |  |  | $ | 252,664 |
(1) The Company’s share of the $252.7 million in total project costs remaining approximates $196.3 million, with the balance funded by the Company’s joint venture partners (approximately $0.2 million) and/or applicable construction loans (approximately $56.2 million).

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