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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
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Redeemable Noncontrolling Interest [Line Items]    
Balance at Beginning of Period $ 142,931  
Balance at March 31, 146,391  
Real Estate Partnership [Member]    
Redeemable Noncontrolling Interest [Line Items]    
Balance at Beginning of Period 142,931 $ 171,632
Contributions 2,877  
Distributions (2,010) (2,034)
Net income 2,673 3,560
Other [1] (80)  
Balance at March 31, $ 146,391 $ 173,158
[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. Costs incurred were treated as a discount to Redeemable noncontrolling interests in consolidated real estate partnerships and are amortized using the effective interest method in accordance with GAAP .