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Investment in Real Estate (Tables)
 6 Months Ended
Jun. 30, 2020
Asset Acquisition [Abstract]  
Schedule of Purchase Price Allocation for Acquisition The table below summarizes the purchase price allocation for the acquisition. The contract and purchase prices differ due to prorations and similar adjustments:
(In thousands, except number of units)The Glendon
SubmarketWest Los Angeles
Acquisition dateJune 7, 2019
Contract price$365,100  
Number of multifamily units350
Retail square footage50  
Investment in real estate: 
Land$32,773  
Buildings and improvements333,624  
Tenant improvements and lease intangibles2,301  
Acquired above- and below-market leases, net(2,114) 
Net assets and liabilities acquired$366,584