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Acquisition of MPC Partnership Holdings LLC - Narrative (Details)
$ in Thousands
1 Months Ended 12 Months Ended
Dec. 19, 2023
USD ($)
property
fund
Jul. 31, 2024
USD ($)
unit
Sep. 30, 2024
USD ($)
Sep. 30, 2023
USD ($)
Sep. 30, 2022
USD ($)
Oct. 01, 2022
USD ($)
Business Acquisition [Line Items]            
Recognition of Earnout liability     $ 14,547 $ 0 $ 0  
Goodwill     71,761 1,859    
Total noncontrolling interests     $ 181,843 183,597    
Percent of construction supervision     5.00%      
Property management fees revenue     $ 76,444 $ 63,153 59,667  
RMR Residential Acquisition            
Business Acquisition [Line Items]            
Number of units acquired | unit   240        
Transaction costs   $ 509        
Purchase price   $ 70,000        
Woodstock Property            
Business Acquisition [Line Items]            
Disposal consideration     9,800      
Disposal depreciation     221      
Disposal amortization     331      
Liabilities held for sale     $ 15      
CARROLL Multifamily Venture VII, LP            
Business Acquisition [Line Items]            
Purchase price         $ 213  
MPC Partnership Holdings LLC            
Business Acquisition [Line Items]            
Number of real estate properties | property 66          
Properties with no ownership interest | property 14          
Percent of construction supervision 5.00%          
Mortgages            
Business Acquisition [Line Items]            
Debt instrument, interest rate, stated percentage   5.34%        
Maximum            
Business Acquisition [Line Items]            
Percent of gross collected rents     3.50%      
Maximum | MPC Partnership Holdings LLC            
Business Acquisition [Line Items]            
Percent of gross collected rents 3.50%          
Property management fees revenue $ 200          
Minimum            
Business Acquisition [Line Items]            
Percent of gross collected rents     2.50%      
Minimum | MPC Partnership Holdings LLC            
Business Acquisition [Line Items]            
Percent of gross collected rents 2.50%          
Property management fees revenue $ 100          
MPC Partnership Holdings LLC            
Business Acquisition [Line Items]            
Payments to acquire businesses, gross 80,000          
Transaction costs 4,200         $ 7,302
Goodwill 69,902          
Mortgage note payable $ 4,726          
MPC Partnership Holdings LLC | CARROLL Multifamily Venture VII, LP            
Business Acquisition [Line Items]            
Number of funds | fund 4          
Number of funds fully funded | fund 3          
Unfunded commitment capital $ 208,026          
Committed capital 342,825          
MPC Partnership Holdings LLC | Mortgages            
Business Acquisition [Line Items]            
Mortgage note payable 4,726          
Mortgage note payable $ 5,429          
Debt instrument, interest rate, stated percentage 3.71%          
Debt, year one $ 8          
Debt, year two 98          
Debt, year three 102          
Debt, year four 105          
Debt, after year four $ 5,116          
MPC Partnership Holdings LLC | Building and improvements            
Business Acquisition [Line Items]            
Weighted average useful life 25 years          
MPC Partnership Holdings LLC | Acquired leases            
Business Acquisition [Line Items]            
Amortization period 2 years 10 months 24 days          
MPC Partnership Holdings LLC | Property management and investment management agreements            
Business Acquisition [Line Items]            
Weighted average useful life 5 years 7 months 6 days          
MPC Partnership Holdings LLC | Investor relationships            
Business Acquisition [Line Items]            
Weighted average useful life 5 years          
MPC Partnership Holdings LLC | 260 Woodstock Investor, LLC            
Business Acquisition [Line Items]            
Ownership percentage 90.00%          
Total noncontrolling interests $ 444          
MPC Partnership Holdings LLC | Maximum            
Business Acquisition [Line Items]            
Recognition of Earnout liability $ 20,000