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Debt - Summary of Consolidated Indebtedness (Details) - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2024
Apr. 03, 2024
Dec. 31, 2023
Debt Instrument [Line Items]      
Long-term debt, gross [1],[2] $ 1,734,463   $ 1,881,087
Net unamortized debt issuance costs (11,012)   (11,186)
Unamortized premium 228   240
Secured Debt, Total 962,468   930,127
Unsecured notes payable, net 646,524   726,727
Total Indebtedness 1,723,679   1,870,141
Fund IV      
Debt Instrument [Line Items]      
Long-term debt, gross 36,200   36,200
Mortgages      
Debt Instrument [Line Items]      
Net unamortized debt issuance costs (7,536)   (7,313)
Unamortized premium 228   240
Secured Debt, Total 962,468 $ 14,100 930,127
Mortgages | Fund Portfolio | Fund II      
Debt Instrument [Line Items]      
Long-term debt, gross [3] 137,485   137,485
Mortgages | Fund Portfolio | Fund III      
Debt Instrument [Line Items]      
Long-term debt, gross 33,000   33,000
Mortgages | Fund Portfolio | Fund IV      
Debt Instrument [Line Items]      
Long-term debt, gross [4] 115,896   115,925
Mortgages | Fund Portfolio | Fund V      
Debt Instrument [Line Items]      
Long-term debt, gross 499,360   458,960
Unsecured Debt      
Debt Instrument [Line Items]      
Net unamortized debt issuance costs (3,476)   (3,873)
Unsecured notes payable, net 646,524   726,727
Line of Credit      
Debt Instrument [Line Items]      
Unsecured notes payable, net [5] 114,687   213,287
Fixed Rate | Mortgages | Core Portfolio      
Debt Instrument [Line Items]      
Long-term debt, gross $ 184,035   191,830
Fixed Rate | Mortgages | Core Portfolio | Maximum      
Debt Instrument [Line Items]      
Interest rate, stated percentage 5.89%    
Maturity Date 2035-04    
Fixed Rate | Mortgages | Core Portfolio | Minimum      
Debt Instrument [Line Items]      
Interest rate, stated percentage 3.99%    
Maturity Date 2025-01    
Variable Rate Debt | Mortgages | SOFR | Fund II      
Debt Instrument [Line Items]      
Basis spread on variable rate [3] 2.61%    
Variable Rate Debt | Mortgages | Fund Portfolio | SOFR | Fund II      
Debt Instrument [Line Items]      
Maturity Date [3] 2025-08    
Variable Rate Debt | Mortgages | Fund Portfolio | SOFR | Fund IV | Maximum      
Debt Instrument [Line Items]      
Basis spread on variable rate [4] 3.33%    
Maturity Date [4] 2028-06    
Variable Rate Debt | Mortgages | Fund Portfolio | SOFR | Fund IV | Minimum      
Debt Instrument [Line Items]      
Basis spread on variable rate [4] 2.25%    
Maturity Date [4] 2025-03    
Variable Rate Debt | Mortgages | Fund Portfolio | SOFR | Fund V | Maximum      
Debt Instrument [Line Items]      
Basis spread on variable rate 2.85%    
Maturity Date 2028-06    
Variable Rate Debt | Mortgages | Fund Portfolio | SOFR | Fund V | Minimum      
Debt Instrument [Line Items]      
Basis spread on variable rate 1.80%    
Maturity Date 2024-07    
Variable Rate Debt | Mortgages | Variable Rate | SOFR | Fund III      
Debt Instrument [Line Items]      
Maturity Date 2025-10    
Variable Rate Debt | Mortgages | Variable Rate | SOFR | Fund III | Maximum      
Debt Instrument [Line Items]      
Basis spread on variable rate 3.75%    
Variable Rate Unsecured Term Loans | Unsecured Debt | Core Portfolio      
Debt Instrument [Line Items]      
Long-term debt, gross [5] $ 650,000   650,000
Variable Rate Unsecured Term Loans | Unsecured Debt | Core Portfolio | Maximum      
Debt Instrument [Line Items]      
Maturity Date [5] 2029-07    
Variable Rate Unsecured Term Loans | Unsecured Debt | Core Portfolio | Minimum      
Debt Instrument [Line Items]      
Maturity Date [5] 2026-06    
Variable Rate Unsecured Term Loans | Unsecured Debt | Core Portfolio | SOFR | Maximum      
Debt Instrument [Line Items]      
Interest rate, stated percentage [5] 1.95%    
Variable Rate Unsecured Term Loans | Unsecured Debt | Core Portfolio | SOFR | Minimum      
Debt Instrument [Line Items]      
Interest rate, stated percentage [5] 1.60%    
Variable Rate Unsecured Term Loans | Line of Credit | Core Portfolio | SOFR      
Debt Instrument [Line Items]      
Basis spread on variable rate [5] 1.45%    
Maturity Date [5] 2025-06    
Subscription Line | Unsecured Debt | Fund Portfolio | Fund V      
Debt Instrument [Line Items]      
Long-term debt, gross [6] $ 0   $ 80,600
[1] Includes $151.3 million and $151.4 million, respectively, of variable-rate debt that is subject to interest cap agreements as of the periods presented. The effective fixed rates ranged from 4.50% to 6.00%.
[2] Includes $1,207.6 million and $1,249.8 million, respectively, of variable-rate debt that has been fixed with interest rate swap agreements as of the periods presented. The effective fixed rates ranged from 1.14% to 4.69%.
[3] The Company has a total borrowing capacity of $198.0 million on the Fund II mortgage as of both March 31, 2024 and December 31, 2023.
[4] Includes the outstanding balance on the Fund IV secured bridge facility of $36.2 million as of both March 31, 2024 and December 31, 2023.
[5] The Company has entered into various swap agreements to effectively fix its interest costs on a portion of its Revolver and term loans as of March 31, 2024 and December 31, 2023.
[6] Fund V paid off the subscription line and terminated the outstanding letters of credit during the three months ended March 31, 2024.