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Debt and Preferred Equity Investments - Debt Investment (Details) - USD ($)
2 Months Ended 3 Months Ended 17 Months Ended 32 Months Ended
Mar. 31, 2023
Mar. 31, 2023
Mar. 31, 2022
Dec. 31, 2022
Mar. 31, 2023
Dec. 31, 2021
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]            
Aggregate weighted average current yield (as a percent)   5.74%        
Debt Investments Held [Abstract]            
Carrying Value, Fixed Rate $ 626,803,000 $ 626,803,000   $ 623,280,000 $ 626,803,000  
Carrying Value 626,803,000 626,803,000   623,280,000 626,803,000  
Allowance for loan loss (13,520,000) (13,520,000)   (6,630,000) (13,520,000) $ (6,630,000)
Investment income   9,057,000 $ 19,888,000      
Loan interest income       0    
Debt Investments in Mortgage Loans            
Debt Investments Held [Abstract]            
Future Funding Obligations 16,108,000 16,108,000     16,108,000  
Senior Financing 1,726,822,000 1,726,822,000     1,726,822,000  
Carrying Value 504,986,000 504,986,000   503,422,000 504,986,000  
Allowance for loan loss (13,520,000) (13,520,000)   (6,630,000) (13,520,000)  
Mezzanine Loan Due June 2024            
Debt Investments Held [Abstract]            
Amount participated out 12,000,000 12,000,000     12,000,000  
Loan interest income         0  
Total fixed rate            
Debt Investments Held [Abstract]            
Future Funding Obligations 0 0     0  
Senior Financing 980,065,000 980,065,000     980,065,000  
Carrying Value, Fixed Rate 368,597,000 368,597,000   365,842,000 368,597,000  
Total fixed rate | Mezzanine Loan Due June 2023            
Debt Investments Held [Abstract]            
Future Funding Obligations 0 0     0  
Senior Financing 408,672,000 408,672,000     408,672,000  
Carrying Value, Fixed Rate 225,367,000 225,367,000   225,367,000 225,367,000  
Investment income         0  
Total fixed rate | Mezzanine Loan Due June 2023, 2            
Debt Investments Held [Abstract]            
Future Funding Obligations 0 0     0  
Senior Financing 286,393,000 286,393,000     286,393,000  
Carrying Value, Fixed Rate 79,864,000 79,864,000   77,109,000 79,864,000  
Total fixed rate | Mezzanine Loan Due June 2024            
Debt Investments Held [Abstract]            
Future Funding Obligations 0 0     0  
Senior Financing 105,000,000 105,000,000     105,000,000  
Carrying Value, Fixed Rate 13,366,000 13,366,000   13,366,000 13,366,000  
Total fixed rate | Mezzanine Loan, with an Initial Maturity Date of January 2025            
Debt Investments Held [Abstract]            
Future Funding Obligations 0 0     0  
Senior Financing 95,000,000 95,000,000     95,000,000  
Carrying Value, Fixed Rate 30,000,000 30,000,000   30,000,000 30,000,000  
Total fixed rate | Mezzanine Loan With Initial Maturity Date of December 2029            
Debt Investments Held [Abstract]            
Future Funding Obligations 0 0     0  
Senior Financing 85,000,000 85,000,000     85,000,000  
Carrying Value, Fixed Rate 20,000,000 20,000,000   20,000,000 20,000,000  
Total floating rate            
Debt Investments Held [Abstract]            
Future Funding Obligations 16,108,000 16,108,000     16,108,000  
Senior Financing 746,757,000 746,757,000     746,757,000  
Carrying Value 149,909,000 149,909,000   144,210,000 149,909,000  
Total floating rate | Mortgage Loan Due April 2023            
Debt Investments Held [Abstract]            
Future Funding Obligations 0 0     0  
Senior Financing 275,000,000 275,000,000     275,000,000  
Carrying Value 50,000,000 50,000,000   50,000,000 50,000,000  
Loan interest income 0          
Total floating rate | Mezzanine Loan Due May 2023            
Debt Investments Held [Abstract]            
Future Funding Obligations 3,761,000 3,761,000     3,761,000  
Senior Financing 54,000,000 54,000,000     54,000,000  
Carrying Value 8,243,000 8,243,000   8,243,000 8,243,000  
Total floating rate | Mezzanine Loan Due May 2023, 2            
Debt Investments Held [Abstract]            
Future Funding Obligations 12,347,000 12,347,000     12,347,000  
Senior Financing 231,673,000 231,673,000     231,673,000  
Carrying Value 52,583,000 52,583,000   46,884,000 52,583,000  
Total floating rate | Mezzanine Loan Due July 2023            
Debt Investments Held [Abstract]            
Future Funding Obligations 0 0     0  
Senior Financing 186,084,000 186,084,000     186,084,000  
Carrying Value $ 39,083,000 $ 39,083,000   $ 39,083,000 $ 39,083,000