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Investments in Real Estate - Summary of Held for Sale Property (Details) $ in Thousands |  |  |  |  | 3 Months Ended
--- | --- | --- | --- | --- | ---
Mar. 28, 2024 USD ($) housingUnit | Mar. 25, 2024 USD ($) housingUnit | Mar. 12, 2024 USD ($) housingUnit | Feb. 13, 2024 USD ($) housingUnit | Mar. 31, 2024 USD ($) housingUnit | Dec. 31, 2023 USD ($)
Real Estate Properties [Line Items] |  |  |  |  |  |
Units (unaudited) | housingUnit |  |  |  |  | 1,554 |
Sale Price |  |  |  |  | $ 296,125 |
Gain on Sale (Loss on Impairment), Net |  |  |  |  | 25,637 |
Impairment of real estate |  |  |  |  | $ 15,107 | $ 7,135
Gain related to property includes defeasance costs |  |  |  |  |  | 921
Units (unaudited) | housingUnit |  |  |  |  | 546 |
Real estate held for sale |  |  |  |  | $ 98,603 | 296,334
Villas of Kingwood |  |  |  |  |  |
Real Estate Properties [Line Items] |  |  |  |  |  |
Units (unaudited) | housingUnit |  |  |  | 330 |  |
Sale Price |  |  |  | $ 53,700 |  |
Gain on Sale (Loss on Impairment), Net |  |  |  | $ 62 |  |
Impairment of real estate |  |  |  |  |  | $ 25,821
Belmar Villas |  |  |  |  |  |
Real Estate Properties [Line Items] |  |  |  |  |  |
Units (unaudited) | housingUnit |  |  |  | 318 |  |
Sale Price |  |  |  | $ 74,300 |  |
Gain on Sale (Loss on Impairment), Net |  |  |  | $ 46 |  |
Hearthstone at City Center |  |  |  |  |  |
Real Estate Properties [Line Items] |  |  |  |  |  |
Units (unaudited) | housingUnit |  |  | 360 |  |  |
Sale Price |  |  | $ 74,000 |  |  |
Gain on Sale (Loss on Impairment), Net |  |  | $ 88 |  |  |
Villas at Huffmeister |  |  |  |  |  |
Real Estate Properties [Line Items] |  |  |  |  |  |
Units (unaudited) | housingUnit |  | 294 |  |  |  |
Sale Price |  | $ 44,250 |  |  |  |
Gain on Sale (Loss on Impairment), Net |  | $ (415) |  |  |  |
Westmont Commons |  |  |  |  |  |
Real Estate Properties [Line Items] |  |  |  |  |  |
Units (unaudited) | housingUnit | 252 |  |  |  |  |
Sale Price | $ 49,875 |  |  |  |  |
Gain on Sale (Loss on Impairment), Net | $ 25,856 |  |  |  |  |
Reserve at Creekside |  |  |  |  |  |
Real Estate Properties [Line Items] |  |  |  |  |  |
Impairment of real estate |  |  |  |  | $ 0 |
Units (unaudited) | housingUnit |  |  |  |  | 192 |
Real estate held for sale |  |  |  |  | $ 28,363 |
Tapestry Park |  |  |  |  |  |
Real Estate Properties [Line Items] |  |  |  |  |  |
Impairment of real estate |  |  |  |  | $ 15,107 |
Units (unaudited) | housingUnit |  |  |  |  | 354 |
Real estate held for sale |  |  |  |  | $ 70,240 |

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- Definition The charge against earnings in the period to reduce the carrying amount of real property to fair value. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 230 -SubTopic 10 -Name Accounting Standards Codification -Section 45 -Paragraph 28 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482740/230-10-45-28 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 360 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482099/360-10-50-2 + Details
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