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Subsequent Events (Details) - USD ($)
$ in Thousands
Jul. 26, 2023
Jul. 14, 2023
May 25, 2023
Apr. 03, 2023
Jul. 31, 2023
Jul. 06, 2023
Jul. 05, 2023
Jun. 30, 2023
Dec. 31, 2022
Subsequent Event [Line Items]                  
Amortized through redemption     $ 600            
Notional amount               $ 1,077,645 $ 1,288,349
Mezzanine loan                  
Subsequent Event [Line Items]                  
Maximum principal commitment               185,059  
Common Class A                  
Subsequent Event [Line Items]                  
Stock redeemed (in shares)       51,000          
Payments for redemption of stock       $ 600          
Derivatives not designated as accounting hedges                  
Subsequent Event [Line Items]                  
Notional amount               200,000 539,479
Interest rate caps                  
Subsequent Event [Line Items]                  
Notional amount               $ 415,965  
Interest rate caps | Minimum                  
Subsequent Event [Line Items]                  
Interest rate cap (in percent)               1.00%  
Interest rate caps | Maximum                  
Subsequent Event [Line Items]                  
Interest rate cap (in percent)               3.00%  
Interest rate caps | Derivatives not designated as accounting hedges                  
Subsequent Event [Line Items]                  
Notional amount               $ 0 $ 289,479
Subsequent event | Mezzanine loan | Solis Peachtree Corners                  
Subsequent Event [Line Items]                  
Maximum principal commitment $ 28,400                
Basis points on unused commitment fee 10.00%                
Amortized through redemption $ 400                
Minimum interest 12,000                
Subsequent event | Mezzanine loan | The Allure at Edinburgh                  
Subsequent Event [Line Items]                  
Maximum principal commitment $ 9,200                
Subsequent event | Mezzanine loan | First Twenty Seven Months | Solis Peachtree Corners                  
Subsequent Event [Line Items]                  
Interest rate 15.00%                
Subsequent event | Mezzanine loan | Twelve Months Beginning November 2025 | Solis Peachtree Corners                  
Subsequent Event [Line Items]                  
Interest rate 9.00%                
Subsequent event | Mezzanine loan | November 2026 Through Maturity | Solis Peachtree Corners                  
Subsequent Event [Line Items]                  
Interest rate 15.00%                
Subsequent event | Mezzanine loan | Prior To Certificate Of Occupancy | The Allure at Edinburgh                  
Subsequent Event [Line Items]                  
Interest rate 15.00%                
Subsequent event | Mezzanine loan | After Certificate Of Occupancy | The Allure at Edinburgh                  
Subsequent Event [Line Items]                  
Interest rate 10.00%                
Subsequent event | Common Class A                  
Subsequent Event [Line Items]                  
Stock redeemed (in shares)   10,146              
Payments for redemption of stock   $ 100              
Subsequent event | Revolving credit facility | Line of Credit                  
Subsequent Event [Line Items]                  
Net paydowns         $ 37,000        
Subsequent event | Secured Overnight Financing Rate (SOFR) | Minimum | Derivative Instrument, Expire on March 1, 2024                  
Subsequent Event [Line Items]                  
Interest rate cap (in percent)             1.00%    
Subsequent event | Secured Overnight Financing Rate (SOFR) | Minimum | Derivative Instrument, Expire on January 1, 2024                  
Subsequent Event [Line Items]                  
Interest rate cap (in percent)           1.00%      
Subsequent event | Secured Overnight Financing Rate (SOFR) | Maximum | Derivative Instrument, Expire on March 1, 2024                  
Subsequent Event [Line Items]                  
Interest rate cap (in percent)             3.00%    
Subsequent event | Secured Overnight Financing Rate (SOFR) | Maximum | Derivative Instrument, Expire on January 1, 2024                  
Subsequent Event [Line Items]                  
Interest rate cap (in percent)           3.00%      
Subsequent event | Interest rate caps | Secured Overnight Financing Rate (SOFR) | Derivative Instrument, Expire on March 1, 2024                  
Subsequent Event [Line Items]                  
Interest rate cap (in percent)             3.39%    
Notional amount             $ 200,000    
Subsequent event | Interest rate caps | Secured Overnight Financing Rate (SOFR) | Derivative Instrument, Expire on January 1, 2024                  
Subsequent Event [Line Items]                  
Interest rate cap (in percent)           3.40%      
Notional amount           $ 50,000