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Investment in Unconsolidated Joint Ventures - Narrative (Details)
3 Months Ended 6 Months Ended
Mar. 30, 2021
USD ($)
property
Nov. 19, 2018
USD ($)
property
Jun. 30, 2021
USD ($)
Jun. 30, 2021
USD ($)
franchised_location
Jul. 13, 2021
USD ($)
Joint venture          
Schedule of Equity Method Investments [Line Items]          
Contributed properties with earn-out provisions | property   10      
Earn-out Provision, Term   2 years      
Earn Out Obligation   $ 10,000,000      
Percentage of ownership in VAA     50.00% 50.00%  
Joint venture | Overlook At Allensville Phase II Apartments          
Schedule of Equity Method Investments [Line Items]          
Proceeds from real estate and real estate joint ventures $ 2,551,000        
Gain on sale $ 1,417,000        
Joint venture | Overlook At Allensville Phase II Apartments          
Schedule of Equity Method Investments [Line Items]          
Percentage of ownership in VAA 50.00%        
Joint venture | Overlook At Allensville Phase II Apartments | Overlook At Allensville Phase II Apartments          
Schedule of Equity Method Investments [Line Items]          
Ownership interest sold 50.00%        
Joint venture | Milano          
Schedule of Equity Method Investments [Line Items]          
Percentage of ownership in VAA     20.00% 20.00%  
Joint venture | VAA          
Schedule of Equity Method Investments [Line Items]          
Percentage of ownership in VAA   50.00%      
Joint venture | Class A interest | VAA          
Schedule of Equity Method Investments [Line Items]          
Equity method investment profit participation percentage   0.49      
Joint venture | Profit participation shares issued to Daniel J. Moos (former President and CEO) | Class B interest          
Schedule of Equity Method Investments [Line Items]          
Equity method investment profit participation percentage   0.02      
Joint venture | Multifamily | Overlook At Allensville Phase II Apartments          
Schedule of Equity Method Investments [Line Items]          
Number of real estate properties | property 144        
Joint venture | Multifamily | VAA          
Schedule of Equity Method Investments [Line Items]          
Number of real estate properties | property   51      
Macquarie          
Schedule of Equity Method Investments [Line Items]          
Ownership interest sold   50.00%      
Proceeds from real estate and real estate joint ventures   $ 236,800,000      
Gain on sale   $ 154,100,000      
Earn Out Obligation charge     $ 29,600,000 $ 29,600,000  
Macquarie | Subsequent event          
Schedule of Equity Method Investments [Line Items]          
Earn Out Obligation         $ 39,600,000
Gruppa Florentina LLC | Joint venture          
Schedule of Equity Method Investments [Line Items]          
Number of franchised locations | franchised_location       23