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Investments in and Advances to Unconsolidated Affiliates - Schedule of Investments (Parenthetical) (Details) - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Jan. 23, 2025
Jan. 22, 2025
Dec. 31, 2024
Sep. 25, 2024
Dec. 31, 2023
Schedule of Equity Method Investments [Line Items]              
Note receivable from related party $ 125,701       $ 126,584    
Allowance for credit losses 2,127       2,004   $ 1,279
Interest income 6,096 $ 5,238          
Impairment charge $ 100            
1238 Wisconsin Avenue              
Schedule of Equity Method Investments [Line Items]              
Debt Instrument, Description of Variable Rate Basis The loan is collateralized by the venture members’ equity interest in the entity that holds the 1238 Wisconsin development property, bears interest at Prime + 1.0% subject to a 4.5% floor and matures on December 28, 2027.            
1238 Wisconsin Avenue | Core Portfolio              
Schedule of Equity Method Investments [Line Items]              
Construction commitment $ 12,800            
Note receivable from related party 12,800       12,800    
Allowance for credit losses 100       100    
Interest income $ 100 $ 100          
Equity method investment, ownership percentage [1],[2] 80.00%            
840 N. Michigan Avenue              
Schedule of Equity Method Investments [Line Items]              
Note receivable from related party $ 1,400       $ 2,300    
Equity method investment, ownership percentage 2.50%            
Note receivable maturity date Jul. 31, 2025            
840 N. Michigan Avenue | Maximum              
Schedule of Equity Method Investments [Line Items]              
Equity method investment, ownership percentage 94.35%            
840 N. Michigan Avenue | Minimum              
Schedule of Equity Method Investments [Line Items]              
Equity method investment, ownership percentage 91.85%            
Renaissance Portfolio              
Schedule of Equity Method Investments [Line Items]              
Equity method investment, ownership percentage 48.00%   48.00% 20.00%      
Equity method investment, loss on change in control $ 9,600            
Renaissance Portfolio | Maximum              
Schedule of Equity Method Investments [Line Items]              
Equity method investment, ownership percentage 100.00%   68.00%        
Renaissance Portfolio | Minimum              
Schedule of Equity Method Investments [Line Items]              
Equity method investment, ownership percentage     20.00%        
Renaissance Portfolio | Core Portfolio              
Schedule of Equity Method Investments [Line Items]              
Equity method investment, ownership percentage [3] 68.00%            
Equity method investment, loss on change in control     $ 9,600        
Frederick Crossing              
Schedule of Equity Method Investments [Line Items]              
Equity method investment, ownership percentage           90.00%  
Fund IV              
Schedule of Equity Method Investments [Line Items]              
Equity method investment, ownership percentage 23.12%            
Fund V              
Schedule of Equity Method Investments [Line Items]              
Equity method investment, ownership percentage 20.10%         90.00%  
[1] Includes the amounts advanced against a $12.8 million construction commitment from the Company to the venture that holds its investment in 1238 Wisconsin. As of March 31, 2025 and December 31, 2024 the note receivable from a related party had a balance of $12.8 million, as of each period, net of an allowance for credit losses of $0.1 million as of March 31, 2025 and December 31, 2024. The loan is collateralized by the venture members’ equity interest in the entity that holds the 1238 Wisconsin development property, bears interest at Prime + 1.0% subject to a 4.5% floor and matures on December 28, 2027. The Company recognized interest income of $0.1 million for each of the three months ended March 31, 2025 and 2024, respectively, related to this note receivable.
[2] Represents a variable interest entity for which the Company is not the primary beneficiary (Note 15).
[3] On January 23, 2025, the Company acquired an additional 48% economic ownership interest, and increased its existing 20% interest to 68%, in the Renaissance Portfolio primarily located in Washington D.C. Prior to the acquisition, the Company accounted for its 20% interest under the equity method of accounting. Due to the Company gaining a controlling financial interest as a result of this acquisition, the Company determined that the entity is a variable interest entity (“VIE”) for which the Company is the primary beneficiary, and it should consolidate its investment within its Core Portfolio effective January 23, 2025. Accordingly, the Company recognized a loss on change in control of $9.6 million (Note 2).