XML 92 R81.htm IDEA: XBRL DOCUMENT v3.24.3
Assets and Liabilities of Disposal Group Held for Sale - Narrative (Details)
$ in Thousands
 1 Months Ended 3 Months Ended 9 Months Ended
Sep. 30, 2024
USD ($)
jointVenture
Jun. 30, 2024
jointVenture
Dec. 31, 2023
USD ($)
jointVenture
Sep. 30, 2024
USD ($)
jointVenture
Jun. 30, 2024
USD ($)
Mar. 31, 2024
USD ($)
jointVenture
Sep. 30, 2023
USD ($)
jointVenture
Sep. 30, 2024
USD ($)
jointVenture
Sep. 30, 2023
USD ($)
jointVenture
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]                  
Gain on de-consolidation of joint venture equity investment in Consolidated VIEs               $ 3,703 $ 0
Net payments made on mortgages payable on real estate               33,262 128,232
Loss on extinguishment of debt       $ 1,699     $ 0 2,391 693
Net income attributable to noncontrolling interest       (2,383)     (9,364) (33,034) (19,957)
Net income       42,849     (84,509) (30,640) (90,573)
Impairment of real estate       7,823     $ 44,157 $ 48,142 $ 71,296
Multifamily                  
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]                  
Number of joint ventures owned, no longer held for sale | jointVenture           1      
Number of joint ventures, classified as held for sale during period | jointVenture               2  
Loss on transfer of real estate to held for sale         $ 1,800        
Disposal Group, Held-for-Sale, Not Discontinued Operations | Multifamily                  
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]                  
Number of joint ventures, classified as held for sale during period | jointVenture 2 5              
Loss on transfer of real estate to held for sale       $ 2,000          
Number of joint ventures, classified as held for sale | jointVenture 4     4       4  
Impairment of real estate       $ 3,800       $ 25,800  
Number of joint ventures owned, impaired | jointVenture             7   7
Impairment of real estate, recovery impairment value             $ 44,200   $ 71,300
VIE, Primary Beneficiary                  
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]                  
Net income attributable to noncontrolling interest       $ (565)     $ (2,907) $ (19,543) $ (11,592)
VIE, Primary Beneficiary | Multifamily                  
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]                  
Number of equity investments sold | jointVenture       4       6  
Gain on de-consolidation of joint venture equity investment in Consolidated VIEs       $ 3,400       $ 3,700  
Net payments made on mortgages payable on real estate       24,100          
Loss on extinguishment of debt       100          
Impairment of real estate       4,600       18,400  
VIE, Primary Beneficiary | Disposal Group, Held-for-Sale, Not Discontinued Operations                  
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]                  
Noncontrolling interest in VIE $ 2,000   $ 3,200 2,000       $ 2,000  
VIE, Primary Beneficiary | Disposal Group, Held-for-Sale, Not Discontinued Operations | Multifamily                  
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]                  
Number of joint ventures, suspended | jointVenture     9            
(Loss) gain on sale of real estate       $ 11,400   $ (14,600)      
Number of joint ventures, classified as held for sale, real estate sold | jointVenture 1     1       1  
Proceeds from sale of real estate       $ 56,400          
Net payments made on mortgages payable on real estate       31,800          
Loss on extinguishment of debt       1,600          
Net income attributable to noncontrolling interest       1,100          
Net income       $ 8,700