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Real Estate Activity - Schedule of Construction Costs (Details)
$ in Thousands
6 Months Ended
Jun. 30, 2025
USD ($)
property
Real Estate [Line Items]  
Number of units in real estate property | property 906
Total Project Cost $ 206,814
Costs Incurred $ 144,733
Alera  
Real Estate [Line Items]  
Number of units in real estate property | property 240
Total Project Cost $ 55,330
Costs Incurred $ 51,047
Bandera Ridge  
Real Estate [Line Items]  
Number of units in real estate property | property 216
Total Project Cost $ 49,603
Costs Incurred $ 44,045
Merano  
Real Estate [Line Items]  
Number of units in real estate property | property 216
Total Project Cost $ 51,910
Costs Incurred $ 44,470
Mountain Creek  
Real Estate [Line Items]  
Number of units in real estate property | property 234
Total Project Cost $ 49,971
Costs Incurred $ 5,171