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Debt and Preferred Equity Investments - Schedule of Debt Investments with an Aggregate Weighted Average Current Yield (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]        
Mortgage loans on real estate, interest rate 6.02%      
Debt Investments Held [Abstract]        
Carrying value at fixed rate $ 303,726 $ 346,745    
Carrying Value 303,726 346,745    
Allowance for loan loss (13,520) (13,520) $ (6,630) $ (6,630)
Mezzanine Loan Due June 2024        
Debt Investments Held [Abstract]        
Amount participated out 12,000      
Debt Investment        
Debt Investments Held [Abstract]        
Future funding obligations 4,603      
Senior financing 812,021      
Carrying Value 167,006 218,745    
Allowance for loan loss (13,520) (13,520)    
Total fixed rate        
Debt Investments Held [Abstract]        
Future funding obligations 0      
Senior financing 285,000      
Carrying value at fixed rate 63,366 63,366    
Total fixed rate | Mezzanine Loan Due June 2024        
Debt Investments Held [Abstract]        
Future funding obligations 0      
Senior financing 105,000      
Carrying value at fixed rate 13,366 13,366    
Total fixed rate | Mezzanine Loan Due January 2025        
Debt Investments Held [Abstract]        
Future funding obligations 0      
Senior financing 95,000      
Carrying value at fixed rate 30,000 30,000    
Total fixed rate | Mezzanine Loan Due December 2029        
Debt Investments Held [Abstract]        
Future funding obligations 0      
Senior financing 85,000      
Carrying value at fixed rate 20,000 20,000    
Total floating rate        
Debt Investments Held [Abstract]        
Future funding obligations 4,603      
Senior financing 527,021      
Carrying Value 117,160 168,899    
Total floating rate | Mezzanine Loan Due July 2025        
Debt Investments Held [Abstract]        
Future funding obligations 0      
Senior financing 54,000      
Carrying Value 8,991 8,243    
Total floating rate | Mezzanine Loan Due December 2025        
Debt Investments Held [Abstract]        
Future funding obligations 0      
Senior financing 283,000      
Carrying Value 53,687 50,000    
Total floating rate | Mezzanine Loan Due January 2026        
Debt Investments Held [Abstract]        
Future funding obligations 4,603      
Senior financing 190,021      
Carrying Value 54,482 48,323    
Total floating rate | Mezzanine Loan Due May 2024        
Debt Investments Held [Abstract]        
Future funding obligations 0      
Senior financing 0      
Carrying Value $ 0 $ 62,333