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Real Estate, Net - Schedule of Real Estate Investment (Details) - VIE, Primary Beneficiary - USD ($)
$ in Thousands
Mar. 31, 2025
Dec. 31, 2024
Real Estate [Line Items]    
Land $ 80,170 $ 80,190
Building and improvements 581,595 581,283
Furniture, fixture and equipment 17,529 16,866
Operating real estate 679,294 678,339
Accumulated depreciation (67,728) (61,834)
Operating real estate, net 611,566 616,505
Real estate held for sale, net 5,739 6,902
Real estate, net $ 617,305 $ 623,407