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Real Estate, Net - Schedule of Real Estate Investment (Details) - VIE, Primary Beneficiary
$ in Thousands
Sep. 30, 2024
USD ($)
property
Dec. 31, 2023
USD ($)
Real Estate [Line Items]    
Land $ 87,322 $ 137,883
Building and improvements 681,240 1,020,477
Furniture, fixture and equipment 20,265 38,706
Operating real estate 788,827 1,197,066
Accumulated depreciation (64,754) (65,247)
Operating real estate, net 724,073 1,131,819
Real estate held for sale, net 31,629 0
Real estate, net $ 755,702 $ 1,131,819
Multifamily    
Real Estate [Line Items]    
Number of properties held for sale | property 1