Related Party Transactions - Additional Information (Details) - USD ($) $ in Thousands		1 Months Ended			3 Months Ended		9 Months Ended		12 Months Ended
	Mar. 11, 2022	Nov. 13, 2023	Oct. 31, 2023	Jan. 31, 2023	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022	Dec. 31, 2022	Dec. 31, 2019
Related Party Transaction [Line Items]
Percentage of management fee on NAV per annum							1.25%
Percentage of management fee on operating partnership NAV per annum							1.25%
Management fees					$ 37,347	$ 45,697	$ 118,970	$ 122,081
Annual hurdle percentage							5.00%
Performance participation allocation					$ 0	$ 36,306	$ 0	$ 175,776	$ 102,300
Repurchase of common stock					25,531,106	14,659,490	78,113,220	20,835,406
Total consideration							$ 2,004,675	$ 567,641
Due to affiliates					$ 728,721		728,721		$ 507,399
General corporate expenses					10,102	$ 11,549	32,538	32,974
Operating expenses					189,122	178,687	571,394	464,105
Leasing and legal service fees					200	100	500	100
Starwood Capital and Third Party
Related Party Transaction [Line Items]
Purchase Price	$ 109,200
Starwood Retail Partners
Related Party Transaction [Line Items]
Leasing and legal service fees					100		$ 100
Special Limited Partner
Related Party Transaction [Line Items]
Related party allocation percentage of annual total return							12.50%
All Other Unit Holders
Related Party Transaction [Line Items]
Related party allocation percentage of annual total return							87.50%
SCG Southern Europe
Related Party Transaction [Line Items]
Services fee for accounting and administrative matters					100	100	$ 300	200
Dealer Manager
Related Party Transaction [Line Items]
Cost of legal services						100	200	400
Advanced Organization And Offering Costs | Advisor
Related Party Transaction [Line Items]
Due to affiliates										$ 7,300
Accrued Affiliate Service Provider Expenses
Related Party Transaction [Line Items]
Cost of legal services					100	300	200	600
Accrued Affiliate Service Provider Expenses | Essex Service Provider
Related Party Transaction [Line Items]
Cost of legal services					1,000	1,300	1,200	4,500
Accrued Affiliate Service Provider Expenses | Rental property operating
Related Party Transaction [Line Items]
Operating expenses					6,800	5,000	18,600	11,700
Advanced Expenses | One Month in Arrears | Advisor
Related Party Transaction [Line Items]
General corporate expenses					2,400	4,100	9,900	10,700
Advanced Expenses | Unaffiliated Third Party | Special Limited Partner
Related Party Transaction [Line Items]
Due to affiliates						$ 100		$ 100
Class I Unit
Related Party Transaction [Line Items]
Units issued as payment for performance participation allocation									3,900,000
Class I Unit | Common Stock
Related Party Transaction [Line Items]
Employees and affiliates holdining interest					560,200		$ 560,200
Subsequent Event
Related Party Transaction [Line Items]
Total consideration		$ 400,000
Unregistered Class I shares
Related Party Transaction [Line Items]
Stock issued as management fees, shares				551,733			4,207,721
Management fees					$ 12,200		$ 12,200		$ 14,500
Unregistered Class I shares | Subsequent Event
Related Party Transaction [Line Items]
Stock issued as management fees, shares			493,381
Common Stock Class I
Related Party Transaction [Line Items]
Repurchase of common stock					13,842,080		46,673,100
Common Stock Class I | Advisor and Certain Director Shares
Related Party Transaction [Line Items]
Repurchase of common stock					819,419	1,546,972	2,422,379	1,613,764
Total consideration					$ 20,400	$ 42,500	$ 61,800	$ 44,300
Common Stock Class T, Class S and Class D | Accrued Stockholder Servicing Fee | Maximum | Dealer Manager
Related Party Transaction [Line Items]
Annual stockholder servicing fee percentage					8.75%		8.75%