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Debt - Unsecured Notes Payable - Additional Information (Details) - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
Debt Instrument [Line Items]    
Long-term debt outstanding [1],[2] $ 1,734,463 $ 1,881,087
Maximum borrowing capacity 900,000  
Letters of credit, outstanding amount 2,000 2,000
Fund IV    
Debt Instrument [Line Items]    
Long-term debt outstanding 36,200 36,200
Mortgages | Fund Portfolio | Fund II    
Debt Instrument [Line Items]    
Long-term debt outstanding [3] 137,485 137,485
Mortgages | Fund Portfolio | Fund IV    
Debt Instrument [Line Items]    
Long-term debt outstanding [4] 115,896 115,925
Mortgages | Fund Portfolio | Fund V    
Debt Instrument [Line Items]    
Long-term debt outstanding 499,360 458,960
$400 Million Term Loan | Unsecured Debt    
Debt Instrument [Line Items]    
Maximum borrowing capacity 400,000  
Subscription Line | Unsecured Debt | Fund Portfolio | Fund V    
Debt Instrument [Line Items]    
Long-term debt outstanding [5] $ 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] Fund V paid off the subscription line and terminated the outstanding letters of credit during the three months ended March 31, 2024.