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Investments in Unconsolidated Entities - Summary of Combined Financial Data of Unconsolidated Entities (Detail) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Investment in real estate      
Land $ 65,009 $ 102,090  
Accumulated depreciation (39,940) (36,025)  
Net investment in real estate 358,634 546,342  
Cash and cash equivalents 85,206 134,001 $ 133,480
Total assets 677,774 973,864  
Liabilities      
Total liabilities 271,971 410,700  
Member's Interests      
Retained earnings (accumulated deficit) (958,778) (800,342)  
Total equity 405,803 563,164 $ 722,599
Total liabilities and equity 677,774 973,864  
Total revenue 17,622 20,779  
Net loss (153,536) (154,911)  
Unconsolidated Entities Including UTC JV [Member]      
Investment in real estate      
Land 27,992 27,992  
Buildings and improvements 158,229 149,625  
Accumulated depreciation (11,943) (6,592)  
Investment in real estate, gross 174,278 171,025  
Construction in progress 3,013 2,362  
Net investment in real estate 177,291 173,387  
Cash and cash equivalents 2,839 7,355  
Tenant and other receivables, net 11,408 11,289  
Other assets, net 893 11,927  
Total assets 192,431 203,958  
Liabilities      
Accounts payable, accrued expenses and other liabilities 4,698 18,133  
Total liabilities 4,698 18,133  
Member's Interests      
Total equity 187,733 185,825  
Total liabilities and equity 192,431 203,958  
Carrying value of Company's investments in equity investments 98,587 97,018  
Total revenue 17,712 15,489  
Property operating expenses (3,450) (2,986)  
Depreciation and amortization (6,252) (5,341)  
Operating income (loss) 8,010 7,162  
Other expenses (875) (1,965)  
Net loss 7,135 5,197  
Equity in income (loss) of unconsolidated entities [1] 3,716 851  
Unconsolidated Entities [Member] | Unconsolidated Entities Excluding UTC JV [Member]      
Investment in real estate      
Land 88,153 117,439  
Buildings and improvements 74,644 96,016  
Accumulated depreciation (30,854) (43,070)  
Investment in real estate, gross 131,943 170,385  
Construction in progress 64,212 104,866  
Net investment in real estate 196,155 275,251  
Cash and cash equivalents 18,164 2,795  
Tenant and other receivables, net 35 6  
Other assets, net 17,921 34,098  
Total assets 232,275 312,150  
Liabilities      
Accounts payable, accrued expenses and other liabilities 12,194 65,522  
Total liabilities 12,194 65,522  
Member's Interests      
Total equity 220,081 246,628  
Total liabilities and equity 232,275 312,150  
Carrying value of Company's investments in equity investments 91,112 99,419  
Total revenue 1,454 10,188  
Property operating expenses (5,087) (6,588)  
Depreciation and amortization (4,215) (12,104)  
Operating income (loss) (7,848) (8,504)  
Other expenses (187) (697)  
Gains (losses) and (impairments) (13,537) (154,938)  
Net loss (21,572) (164,139)  
Equity in income (loss) of unconsolidated entities [2] $ (6,870) $ (56,708)  
[1] Equity in loss of unconsolidated entities on the consolidated statements of operations includes basis difference adjustments.
[2] Equity in loss of unconsolidated entities on the consolidated statements of operations includes basis difference adjustments.