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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 6 Months Ended 27 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Dec. 31, 2024
Deferred expenses and other assets            
Operating lease, right-of-use asset $ 27,461   $ 27,461   $ 27,461 $ 29,707
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 Deferred expenses and other assets, net
Interest rate hedge assets $ 22,748   $ 22,748   $ 22,748 $ 45,439
Deferred finance costs, net 13,974   13,974   13,974 16,471
Other assets 9,776   9,776   9,776 12,278
Purchase deposits           42
Leasing costs, net 427   427   427 431
Corporate furniture, fixtures and equipment, net 540   540   540 647
Deferred expenses and other assets, net [1],[2] $ 74,926   $ 74,926   $ 74,926 105,015
Lease discount rate 5.50%   5.50%   5.50%  
Accumulated amortization of deferred finance costs $ 6,000   $ 6,000   $ 6,000 3,500
Below-market lease            
Deferred expenses and other assets            
Annual lease fee 500   500   500 500
Real estate expense            
Deferred expenses and other assets            
Operating lease expense 100 $ 100 300 $ 300    
Other Income            
Deferred expenses and other assets            
Operating lease expense 100 100 300 300    
Related party            
Deferred expenses and other assets            
Deferred expenses and other assets, net 3,100   3,100   3,100 3,800
Affiliated entity | Star Holdings            
Deferred expenses and other assets            
Management fees due from Star Holdings 2,500   2,500   2,500 $ 3,700
Management fees recorded $ 2,700 $ 4,400 6,300 $ 9,900 $ 42,500  
Management fee performance obligations remaining     $ 7,500      
[1] As of June 30, 2025 and December 31, 2024, includes $3.1 million and $3.8 million, respectively, due from related parties.
[2] Refer to Note 2 for details on the Company’s consolidated variable interest entities (“VIEs”).