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Basis of Presentation and Summary of Significant Accounting Policies (Details)
$ in Thousands
 12 Months Ended
Dec. 31, 2025
USD ($)
item
Dec. 31, 2024
USD ($)
Basis of Presentation and Summary of Significant Accounting Policies    
Percentage of unvested incentive plan in operating partnership 2.37%  
Number of quarters for recognized | item 1  
Current income tax expense $ 1,299  
State income tax expense 333  
Income tax expense 1,632 $ 0
Impairment of held for sale real estate 2,100 3,300
Peak JV 2    
Basis of Presentation and Summary of Significant Accounting Policies    
Impairment of held for sale real estate   1,400
Level 3 | Non-Recurring    
Basis of Presentation and Summary of Significant Accounting Policies    
Impairment of held for sale real estate 1,921 2,541
Level 3 | Scattered single-family homes | Non-Recurring    
Basis of Presentation and Summary of Significant Accounting Policies    
Impairment of held for sale real estate 3,800  
Impariment loss $ 3,500  
Number of units | item 75  
Remaining impairment amount $ 300  
Level 3 | Scattered single-family homes | Non-Recurring | Peak JV 2    
Basis of Presentation and Summary of Significant Accounting Policies    
Impairment of held for sale real estate 3,800  
Impariment loss $ 3,500 1,400
Number of units | item 75  
Remaining impairment amount $ 300  
In-place lease intangible assets    
Basis of Presentation and Summary of Significant Accounting Policies    
Estimated useful life 6 months  
Amortization expense $ 4,590 2,560
Purchase price 3,905 $ 5,309
Real estate tax abatement    
Basis of Presentation and Summary of Significant Accounting Policies    
Amortization expense 100  
Purchase price $ 5,500  
Estimated remaining useful life 13 years  
OP LTIP Unit    
Basis of Presentation and Summary of Significant Accounting Policies    
Limited partners other than the company owned 69.36%  
OP Unit    
Basis of Presentation and Summary of Significant Accounting Policies    
Limited partners other than the company owned 55.65%  
LTIP Units    
Basis of Presentation and Summary of Significant Accounting Policies    
Limited partners other than the company owned 13.71%