Debt and Preferred Equity Investments - Schedule of Debt Investments with an Aggregate Weighted Average Current Yield (Details) - USD ($)	12 Months Ended	41 Months Ended
	Dec. 31, 2023	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Mortgage loans on real estate, interest rate	8.68%
Debt Investments Held [Abstract]
Carrying value at fixed rate	$ 346,745,000	$ 346,745,000	$ 623,280,000
Carrying Value	346,745,000	346,745,000	623,280,000
Allowance for loan loss	(13,520,000)	(13,520,000)	(6,630,000)	$ (6,630,000)	$ (13,213,000)
Loan interest income		0
Mezzanine Loan Due June 2024
Debt Investments Held [Abstract]
Amount participated out	12,000,000	12,000,000
Debt Investment
Debt Investments Held [Abstract]
Future funding obligations	17,176,000	17,176,000
Senior financing	1,071,858,000	1,071,858,000
Carrying Value	218,745,000	218,745,000	503,422,000
Allowance for loan loss	(13,520,000)	(13,520,000)	(6,630,000)
Total fixed rate
Debt Investments Held [Abstract]
Future funding obligations	0	0
Senior financing	285,000,000	285,000,000
Carrying value at fixed rate	63,366,000	63,366,000	365,842,000
Total fixed rate | Mezzanine Loan Due June 2023
Debt Investments Held [Abstract]
Future funding obligations	0	0
Senior financing	105,000,000	105,000,000
Carrying value at fixed rate	13,366,000	13,366,000	13,366,000
Total fixed rate | Mezzanine Loan Due June 2024, 2
Debt Investments Held [Abstract]
Future funding obligations	0	0
Senior financing	95,000,000	95,000,000
Carrying value at fixed rate	30,000,000	30,000,000	30,000,000
Total fixed rate | Mezzanine Loan Due June 2024
Debt Investments Held [Abstract]
Future funding obligations	0	0
Senior financing	85,000,000	85,000,000
Carrying value at fixed rate	20,000,000	20,000,000	20,000,000
Total fixed rate | Mezzanine Loan Due January 2025
Debt Investments Held [Abstract]
Future funding obligations	0	0
Senior financing	0	0
Carrying value at fixed rate	0	0	225,367,000
Total fixed rate | Mezzanine Loan Due December 2029
Debt Investments Held [Abstract]
Future funding obligations	0	0
Senior financing	0	0
Carrying value at fixed rate	0	0	77,109,000
Total floating rate
Debt Investments Held [Abstract]
Future funding obligations	17,176,000	17,176,000
Senior financing	786,858,000	786,858,000
Carrying Value	168,899,000	168,899,000	144,210,000
Total floating rate | Mezzanine Loan Due April 2023
Debt Investments Held [Abstract]
Future funding obligations	0	0
Senior financing	275,000,000	275,000,000
Carrying Value	50,000,000	50,000,000	50,000,000
Total floating rate | Mezzanine Loan Due May 2023
Debt Investments Held [Abstract]
Future funding obligations	3,761,000	3,761,000
Senior financing	54,000,000	54,000,000
Carrying Value	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	2,655,000	2,655,000
Senior financing	271,774,000	271,774,000
Carrying Value	62,333,000	62,333,000	46,884,000
Total floating rate | Mezzanine Loan Due July 2023
Debt Investments Held [Abstract]
Future funding obligations	10,760,000	10,760,000
Senior financing	186,084,000	186,084,000
Carrying Value	$ 48,323,000	$ 48,323,000	$ 39,083,000