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Basis of Presentation and Summary of Significant Accounting Policies - Summary of Reconciliation of Redeemable Noncontrolling Interests in Real Estate Partnerships (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Redeemable Noncontrolling Interest [Line Items]      
Balance at Beginning of Period $ 171,632    
Balance at December 31, 142,931 $ 171,632  
Real Estate Partnership [Member]      
Redeemable Noncontrolling Interest [Line Items]      
Balance at Beginning of Period 171,632 166,826 $ 33,794
Capital contributions 6,409 125 138,479
Distributions (8,318) (9,243) (9,365)
Redemptions (38,473)   (4,911)
Net income 13,958 13,924 8,829
Other [1] (2,277)    
Balance at December 31, $ 142,931 $ 171,632 $ 166,826
[1] In September 2024, we secured a $55.5 million preferred equity commitment from a third-party for the development of a luxury water-front rental development in Miami, Florida, as further discussed in Note 5. Costs incurred were treated as a discount to Redeemable noncontrolling interests in consolidated real estate partnerships in accordance with GAAP.