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Related Party Transactions (Narrative) (Details)
$ / shares in Units, ft² in Millions
1 Months Ended 6 Months Ended 12 Months Ended
Dec. 01, 2021
shares
Nov. 30, 2021
USD ($)
Sep. 30, 2021
USD ($)
Aug. 31, 2021
director
Jun. 30, 2021
USD ($)
ft²
agreement
Mar. 31, 2021
USD ($)
Feb. 28, 2021
USD ($)
Oct. 31, 2020
USD ($)
Jun. 30, 2020
Oct. 31, 2017
USD ($)
Sep. 30, 2021
USD ($)
Dec. 31, 2021
USD ($)
lease
$ / shares
Dec. 31, 2020
USD ($)
Dec. 31, 2019
USD ($)
Related Party Transaction [Line Items]                            
Management fee paid with common stock, period of restriction from selling stock                       2 years    
Management fee, transaction share price (in dollars per share) | $ / shares                       $ 20.00    
Management fee, percent, threshold one                       1.00%    
Management fee, percent, threshold two                       1.25%    
Management fee, percent, threshold three                       1.375%    
Management fee, percent, threshold four                       1.50%    
Management fee expense                       $ 14,865,000 $ 12,684,000 $ 7,461,000
Termination fee, percent of prior years management fee                       300.00%    
Long-term debt, gross                       $ 2,738,113,000 1,713,113,000  
Future funding obligation, amount                       363,900,000    
Leasehold improvement allowance, unfunded, pending milestone achievement                       165,500,000    
Assets [1]                       $ 4,515,726,000 3,208,970,000  
Number of ground leases | lease                       23    
Number of directors with affiliated trusts which hold CARET Units | director       2                    
Number of common shares issued in exchange for Caret Units | shares 2,546                          
iStar Inc.                            
Related Party Transaction [Line Items]                            
Number of years as active real estate investor                       20 years    
Real estate investments, aggregate transactions, value                       $ 40,000,000,000.0    
iStar Inc. | General and Administrative Expense                            
Related Party Transaction [Line Items]                            
Expenses from transactions with related party                       7,500,000 5,000,000.0 2,100,000
Manager | General and Administrative Expense | Management Fees                            
Related Party Transaction [Line Items]                            
Expenses from transactions with related party                       14,900,000 12,700,000 $ 7,500,000
Manager | General and Administrative Expense | Incentive Fee                            
Related Party Transaction [Line Items]                            
Expenses from transactions with related party                       0    
Office space development property                            
Related Party Transaction [Line Items]                            
Number of square feet | ft²         1.1                  
Purchase price of property under purchase option agreement         $ 215,000,000.0                  
Minimum                            
Related Party Transaction [Line Items]                            
Management fee, shareholders' equity, incremental threshold amount two                       $ 1,500,000,000    
Ground leases term                       30 years    
Maximum                            
Related Party Transaction [Line Items]                            
Management fee, shareholders' equity, incremental threshold amount two                       $ 3,000,000,000.0    
Management fee, shareholders' equity, incremental threshold amount three                       $ 5,000,000,000.0    
Ground leases term                       99 years    
Ground Lease Tenant for Recapitalization of an Existing Hotel Property | Hotel | iStar Inc.                            
Related Party Transaction [Line Items]                            
Ground lease, additional construction, funding commitment             $ 50,000,000.0              
Multi-Family Project Under Construction | iStar Inc.                            
Related Party Transaction [Line Items]                            
Ground lease, additional construction, funding commitment           $ 75,000,000.0                
Multi-Family Project Under Construction | iStar Inc. | Land                            
Related Party Transaction [Line Items]                            
Payments to acquire productive assets           16,100,000                
Future funding obligation, amount           11,900,000                
Leasehold improvement allowance, unfunded, pending milestone achievement           $ 52,000,000.0                
Payment of deferred purchase price obligation                     $ 6,000,000.0      
iStar Inc. | Land and Related Ground Lease                            
Related Party Transaction [Line Items]                            
Number of agreements entered into to acquire land and related ground lease | agreement         2                  
Purchase price per agreement for acquisition of land and related Ground Lease, subject to certain conditions being met   $ 33,300,000     $ 42,000,000.0                  
Multiple required by seller that may trigger payment of additional consideration   1.25     1.25                  
Percentage of required seller return on investment that may trigger payment of additional consideration   12.00%     9.00%                  
Acquisition of Property and Ground Lease, Seller Required Percentage Return on Investment   12.00%     9.00%                  
Future funding obligation, amount   $ 51,800,000                        
iStar Inc. | Office space development property                            
Related Party Transaction [Line Items]                            
Payment to acquire purchase option agreement         $ 1,200,000                  
iStar Inc. | Maximum | Land and Related Ground Lease                            
Related Party Transaction [Line Items]                            
Real estate, leasehold improvement allowance         $ 83,000,000.0                  
iStar Inc. | Ground Lease Tenant for Recapitalization of an Existing Hotel Property | Hotel                            
Related Party Transaction [Line Items]                            
Expenses from transactions with related party             $ 1,900,000              
iStar Inc. | Multi-Family Project Under Construction | Land                            
Related Party Transaction [Line Items]                            
Payments to acquire productive assets     $ 24,800,000                      
Pending ownership interests acquired, subject to conditions being met           100.00%                
Secured Debt                            
Related Party Transaction [Line Items]                            
Long-term debt, gross                       $ 1,498,113,000 $ 1,713,113,000  
San Jose, CA | iStar Inc.                            
Related Party Transaction [Line Items]                            
Ground lease, additional construction, funding commitment                   $ 80,500,000        
Payments to acquire productive assets                   $ 34,000,000.0        
Honolulu, HI                            
Related Party Transaction [Line Items]                            
Term of contract, initial lease term                 99 years          
Honolulu, HI | Office Condominium Tenant Venture | iStar Inc.                            
Related Party Transaction [Line Items]                            
Ownership percentage                       51.90%    
Ownership percentage acquired during the period                       47.50%    
Seattle, WA | iStar Inc.                            
Related Party Transaction [Line Items]                            
Ground lease, additional construction, funding commitment               $ 22,500,000            
iStar Inc. | Seattle, WA | Commitment II                            
Related Party Transaction [Line Items]                            
Expenses from transactions with related party               $ 2,300,000            
Performance Shares                            
Related Party Transaction [Line Items]                            
Number of CARET Units exchanged for common shares | shares 3,750                          
[1] Refer to Note 2 for details on the Company’s consolidated variable interest entities ("VIEs").