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Net Investment in Sales-type Leases and Ground Lease Receivables - Joint Venture (Details) $ in Thousands | 1 Months Ended | 12 Months Ended
--- | --- | ---
Nov. 30, 2023 USD ($) | May 31, 2023 USD ($) | Sep. 30, 2022 USD ($) | Dec. 31, 2023 USD ($) lease | Dec. 31, 2022 USD ($)
Joint venture |  |  |  |  |
Ground lease acquisition purchase price |  |  |  | $ 225,840 |
Gain (Loss) on Sale of Leases Held For Investment |  |  |  | $ 447 | $ 55,811
Sovereign wealth fund | Joint venture for new acquisitions of Ground Leases |  |  |  |  |
Joint venture |  |  |  |  |
Ownership percentage |  | 45.00% |  |  |
Land and Related Ground Lease |  |  |  |  |
Joint venture |  |  |  |  |
Proceeds from Sale of Held-for-Investment Lease | $ 4,200 |  | $ 136,000 |  |
Gain (Loss) on Sale of Leases Held For Investment | $ 400 |  |  |  | $ 55,800
Joint Venture for New Acquisitions of Ground Leases |  |  |  |  |
Joint venture |  |  |  |  |
Joint venture commitments |  | $ 275,000 |  |  |
Controlling interest in joint venture |  | 55.00% |  |  |
Percent of Promote fee |  |  |  | 15.00% |
Internal Rate of Return |  |  |  | 9.00% |
Promote fee cap percent |  |  |  | 1.275 |
First look rights period on qualifying investments |  |  |  | 18 months |
Number of Ground Leases acquired | lease |  |  |  | 3 |
Ground lease acquisition purchase price |  |  |  | $ 60,100 |
Funded amount of Ground Lease acquisition |  |  |  | $ 36,200 |
Joint Venture for New Acquisitions of Ground Leases | First five year following acquisition |  |  |  |  |
Joint venture |  |  |  |  |
Percent of management fee |  |  |  | 0.25% |
Management fee term |  |  |  | 5 years |
Joint Venture for New Acquisitions of Ground Leases | After five years of acquisition |  |  |  |  |
Joint venture |  |  |  |  |
Percent of management fee |  |  |  | 0.15% |
Joint Venture for New Acquisitions of Ground Leases | Sovereign wealth fund |  |  |  |  |
Joint venture |  |  |  |  |
Joint venture commitments |  | $ 225,000 |  |  |

X
- Definition The difference between the carrying value and the sale price of a lease held for investment. A gain would be recognized when the sale price of the lease investment is greater than the carrying value of the lease investment. This element refers to the gain or loss included in earnings and not to the cash proceeds of the sale. + References No definition available. + Details
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- Definition The acquisition price of Ground Leases. + References No definition available. + Details
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- Definition The amount of a Ground Lease acquisition purchase price that has been funded. + References No definition available. + Details
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- Definition The period of time the joint venture has first look rights on qualifying investments.. + References No definition available. + Details
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- Definition The management fee income as percent of invested equity. + References No definition available. + Details
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- Definition The number of Ground Lease acquired during the period + References No definition available. + Details
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- Definition The cash inflow from the sale of a lease held for investment. + References No definition available. + Details
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- Definition The cash outflow associated with the investment in or advances to an entity in which the reporting entity shares control of the entity with another party or group. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 13 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482740/230-10-45-13 + Details
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