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Real Estate Activity - Narrative (Details) $ in Thousands |  |  |  | 3 Months Ended
--- | --- | --- | --- | ---
Dec. 15, 2023 USD ($) property | Nov. 06, 2023 USD ($) apartment | Mar. 15, 2023 USD ($) apartment | Mar. 31, 2024 USD ($) | Mar. 31, 2023 USD ($)
Real Estate [Line Items] |  |  |  |  |
Depreciation |  |  |  | $ 3,018 | $ 2,935
Lake Wales |  |  |  |  |
Real Estate [Line Items] |  |  |  |  |
Number of units in real estate property | apartment |  |  | 240 |  |
Real estate investment property, at cost |  |  | $ 55,330 |  |
Proceeds from construction loans payable |  |  | 33,000 |  |
Fees related to construction |  |  | $ 1,637 |  |
Development costs |  |  |  | 18,888 |
McKinney |  |  |  |  |
Real Estate [Line Items] |  |  |  |  |
Number of units in real estate property | apartment |  | 216 |  |  |
Real estate investment property, at cost |  | $ 51,910 |  |  |
Proceeds from construction loans payable |  | 25,407 |  |  |
Fees related to construction |  | $ 1,551 |  |  |
Development costs |  |  |  | 8,916 |
Bandera Ridge |  |  |  |  |
Real Estate [Line Items] |  |  |  |  |
Number of units in real estate property | property | 216 |  |  |  |
Real estate investment property, at cost | $ 49,603 |  |  |  |
Proceeds from construction loans payable | 23,500 |  |  |  |
Fees related to construction | $ 1,607 |  |  |  |
Development costs |  |  |  | $ 3,124 |

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- Definition Development costs incurred, including capitalized costs and costs charged to expense, in oil and gas activities. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 932 -SubTopic 235 -Section 50 -Paragraph 18 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482274/932-235-50-18 + Details
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- Definition The amount of expense recognized in the current period that reflects the allocation of the cost of tangible assets over the assets' useful lives. Includes production and non-production related depreciation. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 45 -Paragraph 28 -Subparagraph (b) -SubTopic 10 -Topic 230 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482740/230-10-45-28 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 360 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482099/360-10-50-1 + Details
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- Definition Amount of real estate investment property which may include the following: (1) land available-for-sale; (2) land available-for-development; (3) investments in building and building improvements; (4) tenant allowances; (5) developments in-process; (6) rental properties; and (7) other real estate investments. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 944 -SubTopic 210 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-03(a)(1)(d)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479440/944-210-S99-1 + Details
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