Debt and Preferred Equity Investments - Schedule of Debt Investments with an Aggregate Weighted Average Current Yield (Details) - USD ($)	1 Months Ended	6 Months Ended	18 Months Ended	48 Months Ended
	Jul. 31, 2024	Jun. 30, 2024	Jun. 30, 2024	Jun. 30, 2024	Dec. 31, 2023	Dec. 31, 2022
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Mortgage loans on real estate, interest rate		6.38%
Debt Investments Held [Abstract]
Carrying Value, Fixed Rate		$ 290,487,000	$ 290,487,000	$ 290,487,000	$ 346,745,000
Carrying Value		290,487,000	290,487,000	290,487,000	346,745,000
Allowance for loan loss		(13,520,000)	(13,520,000)	(13,520,000)	(13,520,000)	$ (6,630,000)
Subsequent Event
Debt Investments Held [Abstract]
Period of extension options	1 year
Mezzanine Loan Due June 2024
Debt Investments Held [Abstract]
Amount participated out		12,000,000.0	12,000,000.0	12,000,000.0
Loan interest income				0
Debt Investments in Mortgage Loans
Debt Investments Held [Abstract]
Future Funding Obligations		12,711,000	12,711,000	12,711,000
Senior Financing		803,690,000	803,690,000	803,690,000
Carrying Value		158,222,000	158,222,000	158,222,000	218,745,000
Allowance for loan loss		(13,520,000)	(13,520,000)	(13,520,000)	(13,520,000)
Total fixed rate
Debt Investments Held [Abstract]
Future Funding Obligations		0	0	0
Senior Financing		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
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		12,711,000	12,711,000	12,711,000
Senior Financing		518,690,000	518,690,000	518,690,000
Carrying Value		108,376,000	108,376,000	108,376,000	168,899,000
Total floating rate | Mezzanine 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 2024
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 2024 One
Debt Investments Held [Abstract]
Future Funding Obligations		8,950,000	8,950,000	8,950,000
Senior Financing		189,690,000	189,690,000	189,690,000
Carrying Value		50,133,000	50,133,000	50,133,000	48,323,000
Total floating rate | Mezzanine Loan Due January 2026
Debt Investments Held [Abstract]
Future Funding Obligations		0	0	0
Senior Financing		0	0	0
Carrying Value		$ 0	$ 0	$ 0	$ 62,333,000