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Deferred Expenses and Other Assets, Net and Accounts Payable, Accrued Expenses and Other Liabilities - Schedule of Other Assets (Details) - USD ($)
$ in Thousands
3 Months Ended 12 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Mar. 31, 2024
Dec. 31, 2023
Deferred expenses and other assets        
Operating lease, right-of-use asset $ 32,929   $ 32,929 $ 33,964
Operating Lease, Right-of-Use Asset, Statement of Financial Position [Extensible Enumeration] Deferred expenses and other assets, net   Deferred expenses and other assets, net Deferred expenses and other assets, net
Interest rate hedge assets $ 49,036   $ 49,036 $ 34,864
Deferred finance costs, net 4,078   4,078 3,692
Other assets 35,418   35,418 13,210
Purchase deposits 2,090   2,090 2,090
Leasing costs, net 437   437 439
Corporate furniture, fixtures and equipment, net 889   889 979
Deferred expenses and other assets, net [1],[2] $ 124,877   $ 124,877 89,238
Lease discount rate 5.50%   5.50%  
Accumulated amortization of deferred finance costs $ 12,300   $ 12,300 11,000
Cash posted as temporary replacement collateral in a pool that has asset substitution rights related to certain debt obligations. 19,100   19,100  
Below-market lease        
Deferred expenses and other assets        
Annual lease fee 500   500 500
Real estate expense        
Deferred expenses and other assets        
Operating lease expense 100 $ 100    
Other Income        
Deferred expenses and other assets        
Operating lease expense 100 $ 100    
Related party        
Deferred expenses and other assets        
Deferred expenses and other assets, net 6,600   6,600 7,100
Affiliated entity | Star Holdings        
Deferred expenses and other assets        
Management fees due from Star Holdings 6,200   6,200 $ 6,900
Management fees recorded 5,500   $ 24,900  
Management fee performance obligations remaining $ 25,100      
[1] As of March 31, 2024 and December 31, 2023, includes $6.6 million and $7.1 million, respectively, due from related parties.
[2] Refer to Note 2 for details on the Company’s consolidated variable interest entities (“VIEs”).