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Investments in Real Estate - Schedule of Acquisitions (Detail)
$ in Thousands
 12 Months Ended
Dec. 31, 2023
USD ($)
unit
Dec. 31, 2022
USD ($)
unit
Asset Acquisition [Line Items]    
Units (unaudited) | unit 678 594
Purchase Price | $ $ 203,440 $ 139,916
Views of Music City (phase I) | TENNESSEE    
Asset Acquisition [Line Items]    
Units (unaudited) | unit 96  
Purchase Price | $ $ 25,440  
Cyan Mallard Creek | NORTH CAROLINA    
Asset Acquisition [Line Items]    
Units (unaudited) | unit 234  
Purchase Price | $ $ 80,000  
The Enclave at Tranquility Lake | FLORIDA    
Asset Acquisition [Line Items]    
Units (unaudited) | unit 348  
Purchase Price | $ $ 98,000  
Vesta City Park | NORTH CAROLINA    
Asset Acquisition [Line Items]    
Units (unaudited) | unit   272
Purchase Price | $   $ 66,544
Cyan Craig Ranch | TEXAS    
Asset Acquisition [Line Items]    
Units (unaudited) | unit   322
Purchase Price | $   $ 73,372