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Investment In Unconsolidated Entities - Schedule of Summarized Statement of Operations (Details) - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Add equity in earnings (losses) from unconsolidated entities        
Revenue from customers $ 12,959 $ 16,530 $ 32,737 $ 76,620
Interest income 4,484 2,595 13,501 8,575
Other costs and expenses (21,380) (17,398) (60,382) (60,579)
Net income 55,714 12,335 124,876 56,645
The Company’s share of net income 21,071 4,756 47,675 21,804
Equity in earnings (losses) from unconsolidated entities $ 70,137 $ 11,987 158,721 45,071
Great Park        
Add equity in earnings (losses) from unconsolidated entities        
The Company’s share of net income     171,109 49,299
Basis difference amortization, net     (14,015) (4,081)
Equity in earnings (losses) from unconsolidated entities     157,094 45,218
Gateway Commercial Venture        
Add equity in earnings (losses) from unconsolidated entities        
Equity in earnings (losses) from unconsolidated entities     1,028 (617)
Great Park        
Add equity in earnings (losses) from unconsolidated entities        
Other costs and expenses     (23,305) (95,068)
Net income     456,291 131,463
Great Park | Land sales and land sales—related party        
Add equity in earnings (losses) from unconsolidated entities        
Revenue from customers     630,717 293,593
Great Park | Land sales        
Add equity in earnings (losses) from unconsolidated entities        
Rental operating and other expenses     (151,121) (67,062)
Gateway Commercial Venture        
Add equity in earnings (losses) from unconsolidated entities        
Revenue from customers     0 7,002
Rental operating and other expenses     (291) (2,735)
Depreciation and amortization     0 (3,011)
Interest income     1,661 0
Interest expense     0 (2,078)
The Company’s share of net income     $ 1,370 $ (822)