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Debt and Preferred Equity Investments - Schedule of Preferred Equity Investments with an Aggregate Weighted Average Current Yield (Details) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2024
Dec. 31, 2023
Dec. 31, 2022
Preferred equity investment      
Mortgage loans on real estate, interest rate 6.32%    
Carrying Value $ 293,924 $ 346,745  
Allowance for loan loss $ (13,520) (13,520) $ (6,630)
Preferred Equity (4)      
Preferred equity investment      
Aggregate weighted average current yield 6.55%    
Carrying Value $ 134,474    
Preferred Equity (4) | 625 Madison Avenue      
Preferred equity investment      
Carrying Value $ 209,900    
Preferred Equity Investments      
Preferred equity investment      
Mortgage loans on real estate, interest rate 6.55%    
Future Funding Obligations $ 0    
Senior Financing 250,000    
Allowance for loan loss 0 0  
Total after allowance for loan loss 134,474 128,000  
Preferred Equity, February 2027      
Preferred equity investment      
Future Funding Obligations 0    
Senior Financing 250,000    
Carrying Value $ 134,474 $ 128,000