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Summary of Significant Accounting Policies - Schedule of Quantitative Inputs and Assumptions Used for Items Categorized in Level 3 of Fair Value Hierarchy (Details) - Level 3
$ in Thousands
Mar. 31, 2025
USD ($)
Dec. 31, 2024
USD ($)
Recurring    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Fair Value $ 4,885,187 $ 4,908,819
Investments in Real Estate Debt | Recurring    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Fair Value $ 988,687 $ 1,047,742
Investments in Real Estate Debt | Yield method | Market yield    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Weighted Average Rate 0.093 0.095
Investments in Real Estate Debt | Yield method | Market yield | Recurring    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Fair Value $ 988,687 $ 1,047,742
Investments in Unconsolidated Entities | Recurring    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Fair Value 3,896,500 3,861,077
Investments in Unconsolidated Entities | Discounted Cash Flow | Discounted cash flow | Recurring    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Fair Value $ 3,896,500 $ 3,861,077
Investments in Unconsolidated Entities | Discounted Cash Flow | Weighted average cost of capital    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Weighted Average Rate 0.085 0.082
Investments in Unconsolidated Entities | Discounted Cash Flow | Exit capitalization rate    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Weighted Average Rate 0.054 0.053