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Commitments and Contingencies (Tables) | 3 Months Ended
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Mar. 31, 2025
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 March 31, 2025 (total project costs remaining in thousands):
|  | Projects |  |  | Apartment Units |  |  | Total Project Costs Remaining (1) |
Projects Under Development |  |  |  |  |  |  |  |  |
Consolidated |  |  | 1 |  |  |  | 440 |  |  | $ | 87,466 |
Unconsolidated |  |  | 2 |  |  |  | 639 |  |  |  | 182,839 |
Total Projects Under Development |  |  | 3 |  |  |  | 1,079 |  |  | $ | 270,305 |
(1) The Company’s share of the $270.3 million in total project costs remaining approximates $111.3 million, with the balance funded by the Company’s joint venture partners (approximately $4.1 million) and/or applicable construction loans (approximately $154.9 million).

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