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Investments in Real Estate - Schedule of Acquisitions (Detail)
$ in Thousands
12 Months Ended
Dec. 31, 2024
USD ($)
unit
Dec. 31, 2022
USD ($)
unit
Asset Acquisition [Line Items]    
Units (unaudited) | unit 908 678
Purchase Price | $ $ 239,750 $ 203,440
Gateway at Pinellas | FLORIDA    
Asset Acquisition [Line Items]    
Units (unaudited) | unit 288  
Purchase Price | $ $ 82,000  
Highland Ridge | NORTH CAROLINA    
Asset Acquisition [Line Items]    
Units (unaudited) | unit 300  
Purchase Price | $ $ 73,500  
Serenza at Ocoee Village | FLORIDA    
Asset Acquisition [Line Items]    
Units (unaudited) | unit 320  
Purchase Price | $ $ 84,250  
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