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Derivative Instruments (Details) - Not Designated as Hedging Instrument - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Dec. 31, 2023
Interest rate derivatives - caps      
Derivative [Line Items]      
Notional amount (in thousands) $ 778,280   $ 778,280
Aggregate principal balance on corresponding mortgage loans (in thousands) $ 777,693   $ 777,693
Interest rate derivatives - caps | Minimum      
Derivative [Line Items]      
Strike rate (as a percent) 2.00%   2.00%
Interest rate derivatives - caps | Maximum      
Derivative [Line Items]      
Strike rate (as a percent) 5.25%   5.25%
Interest rate derivatives - caps      
Derivative [Line Items]      
Notional amount (in thousands) $ 124,500 $ 54,000  
Total cost of interest rate caps (in thousands) $ 991 $ 755  
Interest rate derivatives - caps | Minimum      
Derivative [Line Items]      
Strike rate (as a percent) 3.50% 3.50%  
Interest rate derivatives - caps | Maximum      
Derivative [Line Items]      
Strike rate (as a percent) 5.25% 3.50%