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Investments in Real Estate - Summary of Held for Sale Property (Details) $ in Thousands |  |  |  |  |  |  | 3 Months Ended | 9 Months Ended
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Jul. 17, 2024 USD ($) housingUnit | Apr. 30, 2024 USD ($) housingUnit | Mar. 28, 2024 USD ($) housingUnit | Mar. 25, 2024 USD ($) housingUnit | Mar. 12, 2024 USD ($) housingUnit | Feb. 13, 2024 USD ($) housingUnit | Mar. 31, 2024 USD ($) | Dec. 31, 2023 USD ($) | Sep. 30, 2024 USD ($) housingUnit
Real Estate Properties [Line Items] |  |  |  |  |  |  |  |  |
Units (unaudited) | housingUnit |  |  |  |  |  |  |  |  | 2,100
Sale Price |  |  |  |  |  |  |  |  | $ 395,425
Gain on Sale (Loss on Impairment), Net |  |  |  |  |  |  |  |  | 11,066
Impairment of real estate |  |  |  |  |  |  | $ (15,107) | $ (32,956) | $ (15,107)
Gain related to property includes defeasance costs |  |  |  |  |  |  |  | $ 1,105 |
Villas of Kingwood |  |  |  |  |  |  |  |  |
Real Estate Properties [Line Items] |  |  |  |  |  |  |  |  |
Units (unaudited) | housingUnit |  |  |  |  |  | 330 |  |  |
Sale Price |  |  |  |  |  | $ 53,700 |  |  |
Gain on Sale (Loss on Impairment), Net |  |  |  |  |  | $ 62 |  |  |
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] |  |  |  |  |  |  |  |  |
Units (unaudited) | housingUnit |  | 192 |  |  |  |  |  |  |
Sale Price |  | $ 28,500 |  |  |  |  |  |  |
Gain on Sale (Loss on Impairment), Net |  | $ (152) |  |  |  |  |  |  |
Tapestry Park |  |  |  |  |  |  |  |  |
Real Estate Properties [Line Items] |  |  |  |  |  |  |  |  |
Units (unaudited) | housingUnit | 354 |  |  |  |  |  |  |  |
Sale Price | $ 70,800 |  |  |  |  |  |  |  |
Gain on Sale (Loss on Impairment), Net | $ (14,419) |  |  |  |  |  |  |  |

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