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Investment in Unconsolidated Real Estate Entities - Schedule of Income Statement (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Equity Method Investment, Summarized Financial Information, Income Statement        
TOTAL REVENUES $ 190,002 $ 218,000 $ 388,461 $ 432,023
Net loss (87,760) (47,557) (168,038) (100,912)
VIE, not primary beneficiary        
Equity Method Investment, Summarized Financial Information, Income Statement        
TOTAL REVENUES 16,586 21,787 32,266 39,065
TOTAL EXPENSES 17,461 31,943 39,158 53,696
Net loss $ (875) $ (10,156) $ (6,892) $ (14,631)