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Debt and Preferred Equity Investments - Debt Investment (Details) - USD ($)
8 Months Ended 9 Months Ended 38 Months Ended 39 Months Ended
Sep. 30, 2023
Sep. 30, 2023
Sep. 30, 2023
Sep. 30, 2023
Dec. 31, 2022
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)   9.15%        
Debt Investments Held [Abstract]            
Carrying Value, Fixed Rate $ 334,327,000 $ 334,327,000 $ 334,327,000 $ 334,327,000 $ 623,280,000  
Carrying Value 334,327,000 334,327,000 334,327,000 334,327,000 623,280,000  
Allowance for loan loss $ (13,520,000) $ (13,520,000) (13,520,000) $ (13,520,000) (6,630,000) $ (6,630,000)
Loan interest income     $ 0      
A Fund Affiliated With Winthrop Capital Partners | 625 Madison Avenue | Joint venture            
Debt Investments Held [Abstract]            
Ownership Interest 90.43% 90.43% 90.43% 90.43%    
Debt Investments in Mortgage Loans            
Debt Investments Held [Abstract]            
Future Funding Obligations $ 7,484,000 $ 7,484,000 $ 7,484,000 $ 7,484,000    
Senior Financing 1,069,704,000 1,069,704,000 1,069,704,000 1,069,704,000    
Carrying Value 208,430,000 208,430,000 208,430,000 208,430,000 503,422,000  
Allowance for loan loss (13,520,000) (13,520,000) (13,520,000) (13,520,000) (6,630,000)  
Mezzanine Loan Due June 2024            
Debt Investments Held [Abstract]            
Amount participated out 12,000,000 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 0    
Senior Financing 285,000,000 285,000,000 285,000,000 285,000,000    
Carrying Value, Fixed Rate 63,366,000 63,366,000 63,366,000 63,366,000 365,842,000  
Total fixed rate | Mezzanine Loan Due June 2024            
Debt Investments Held [Abstract]            
Future Funding Obligations 0 0 0 0    
Senior Financing 105,000,000 105,000,000 105,000,000 105,000,000    
Carrying Value, Fixed Rate 13,366,000 13,366,000 13,366,000 13,366,000 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 0    
Senior Financing 95,000,000 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 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 0    
Senior Financing 85,000,000 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 20,000,000  
Total fixed rate | Mezzanine Loan Repaid            
Debt Investments Held [Abstract]            
Future Funding Obligations 0 0 0 0    
Senior Financing 0 0 0 0    
Carrying Value, Fixed Rate 0 0 0 0 225,367,000  
Total fixed rate | Mezzanine Loan Repaid - 2            
Debt Investments Held [Abstract]            
Future Funding Obligations 0 0 0 0    
Senior Financing 0 0 0 0    
Carrying Value, Fixed Rate 0 0 0 0 77,109,000  
Total floating rate            
Debt Investments Held [Abstract]            
Future Funding Obligations 7,484,000 7,484,000 7,484,000 7,484,000    
Senior Financing 784,704,000 784,704,000 784,704,000 784,704,000    
Carrying Value 158,584,000 158,584,000 158,584,000 158,584,000 144,210,000  
Total floating rate | Mezzanine Loan Due April 2023            
Debt Investments Held [Abstract]            
Future Funding Obligations 0 0 0 0    
Senior Financing 275,000,000 275,000,000 275,000,000 275,000,000    
Carrying Value 50,000,000 50,000,000 50,000,000 50,000,000 50,000,000  
Loan interest income 0          
Total floating rate | Mezzanine Loan Due November 2023            
Debt Investments Held [Abstract]            
Future Funding Obligations 3,761,000 3,761,000 3,761,000 3,761,000    
Senior Financing 54,000,000 54,000,000 54,000,000 54,000,000    
Carrying Value 8,243,000 8,243,000 8,243,000 8,243,000 8,243,000  
Total floating rate | Mezzanine Loan Due May 2024            
Debt Investments Held [Abstract]            
Future Funding Obligations 3,723,000 3,723,000 3,723,000 3,723,000    
Senior Financing 269,620,000 269,620,000 269,620,000 269,620,000    
Carrying Value 61,258,000 61,258,000 61,258,000 61,258,000 46,884,000  
Total floating rate | Mezzanine Loan Due January 2026            
Debt Investments Held [Abstract]            
Future Funding Obligations 0 0 0 0    
Senior Financing 186,084,000 186,084,000 186,084,000 186,084,000    
Carrying Value $ 39,083,000 $ 39,083,000 $ 39,083,000 $ 39,083,000 $ 39,083,000