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Investments in Unconsolidated Joint Ventures - Schedule of Combined and Condensed Balance Sheets of Unconsolidated Joint Ventures (Details) - USD ($) $ in Thousands | Mar. 31, 2024 | Dec. 31, 2023
--- | --- | ---
Assets: |  |
Property, net | $ 5,838,822 | $ 5,900,489
Total assets | 7,363,073 | 7,513,512
Liabilities and partners' capital: |  |
Mortgage and other notes payable | 4,098,705 | 4,136,136
Total liabilities and partners' capital | 7,363,073 | 7,513,512
Investments in unconsolidated joint ventures: |  |
Assets—Investments in unconsolidated joint ventures | 785,588 | 852,764
Liabilities—Distributions in excess of investments in unconsolidated joint ventures | (183,870) | (174,786)
Joint Venture |  |
Assets: |  |
Property, net | 6,956,051 | 7,201,941
Other assets | 576,535 | 607,864
Total assets | 7,532,586 | 7,809,805
Liabilities and partners' capital: |  |
Mortgage and other notes payable | 5,455,824 | 5,445,411
Other liabilities | 431,519 | 436,179
Company's capital | 927,070 | 1,090,403
Outside partners' capital | 718,173 | 837,812
Total liabilities and partners' capital | 7,532,586 | 7,809,805
Investments in unconsolidated joint ventures: |  |
Company's capital | 927,070 | 1,090,403
Basis adjustment | (325,352) | (412,425)
Basic adjustment | 601,718 | 677,978
Assets—Investments in unconsolidated joint ventures | 785,588 | 852,764
Liabilities—Distributions in excess of investments in unconsolidated joint ventures | (183,870) | (174,786)
Investments in unconsolidated joint ventures | $ 601,718 | $ 677,978

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