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Investments in Unconsolidated Joint Ventures (Tables)
9 Months Ended
Sep. 30, 2024
Equity Method Investments and Joint Ventures [Abstract]  
Summary of Joint Venture Arrangements Accounting for Under Equity Method
The following table summarizes our investments in unconsolidated joint ventures as of September 30, 2024 and December 31, 2023 (amounts in thousands, except percentages and property data):
Joint Venture Description% Ownership at
September 30, 2024
Completed Homes at
September 30, 2024
Balances at
September 30, 2024
Balances at
December 31, 2023
Alaska JV20%195 $14,275 $14,973 
Institutional Investor JV20%1,015 13,599 15,163 
J.P. Morgan JV I20%1,977 101,579 75,735 
J.P. Morgan JV II20%84 25,544 8,327 
3,271 $154,997 $114,198