Real Estate Investments - Schedule of Disposition Activity (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2025 USD ($) apartment	Dec. 31, 2024 USD ($) apartment	Dec. 31, 2023 USD ($) apartment
Real Estate Properties [Line Items]
Gain on sale of real estate and land	$ 299,524	$ 175,583	$ 59,238
Debt associated with the property	808,611	403,108	302,429
Loss on early retirement of debt	$ (762)	$ 0	$ 0
Apartment Building
Real Estate Properties [Line Items]
Apartment Homes | apartment	1,019	697	239
Sale Price at Pro Rata Share	$ 516,400	$ 205,700	$ 91,700
Apartment Building | Highridge
Real Estate Properties [Line Items]
Apartment Homes | apartment	255
Sale Price at Pro Rata Share	$ 127,000
Gain on sale of real estate and land	111,000
Debt associated with the property	69,600
Loss on early retirement of debt	$ (800)
Apartment Building | Essex Skyline
Real Estate Properties [Line Items]
Apartment Homes | apartment	350
Sale Price at Pro Rata Share	$ 239,600
Gain on sale of real estate and land	$ 126,200
Apartment Building | The Grand
Real Estate Properties [Line Items]
Apartment Homes | apartment	243
Sale Price at Pro Rata Share	$ 97,500
Gain on sale of real estate and land	$ 47,800
Apartment Building | Fourth & U
Real Estate Properties [Line Items]
Apartment Homes | apartment	171
Sale Price at Pro Rata Share	$ 52,300
Gain on sale of real estate and land	$ 14,500