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Summary of Significant Accounting Policies - Additional Information (Details)
$ in Thousands
12 Months Ended
Dec. 31, 2023
USD ($)
Property
Dec. 31, 2022
USD ($)
Property
Dec. 31, 2021
USD ($)
Dec. 31, 2019
USD ($)
Significant Accounting Policies [Line Items]        
Aggregate foreign currency transaction gains (losses) $ 14,800 $ (49,500) $ (15,100)  
Unrealized gains (losses) on investments in real estate debt 10,000 (18,300)    
Impairment of investments in real estate 188,804 0 0  
Fair value of single family rental properties $ 53,800      
Number of hospitality properties | Property 2      
Impairment Of Investments In Real Estate And Related Intangibles $ 188,804 0 0  
Other liabilities 484,358 507,399    
Secured financings on investments in real estate debt of fair value below outstanding principal balance 390,900      
Deferred income $ 11,894 8,837    
Minimum REIT distribution percentage 90.00%      
Minimum OECD corporate tax percentage 15.00%      
Income tax benefit (expense) $ (5,000) (2,100) 700  
Net operating loss carryforwards 61,900      
Payments received on derivative instruments 8,600      
Triple Net Sale and Leaseback Property        
Significant Accounting Policies [Line Items]        
Deferred tax liability, net $ 30,700 40,900    
Class S Shares        
Significant Accounting Policies [Line Items]        
Annual stockholder servicing fee percentage 0.85%      
Class S Shares | Maximum        
Significant Accounting Policies [Line Items]        
Upfront selling commissions and dealer manager fee percentage 3.50%      
Class T Shares        
Significant Accounting Policies [Line Items]        
Annual stockholder servicing fee percentage 0.85%      
Class T Shares | Maximum        
Significant Accounting Policies [Line Items]        
Upfront selling commissions and dealer manager fee percentage 3.50%      
Class D Shares        
Significant Accounting Policies [Line Items]        
Annual stockholder servicing fee percentage 0.25%      
Class D Shares | Maximum        
Significant Accounting Policies [Line Items]        
Upfront selling commissions and dealer manager fee percentage 1.50%      
Accrued Stockholder Servicing Fee | Common Stock Class T, Class S and Class D        
Significant Accounting Policies [Line Items]        
Other liabilities $ 301,000 $ 413,000    
Advisor        
Significant Accounting Policies [Line Items]        
Period to reimburse the advisor for all organization and offering expenses 60 months 60 months    
Advisor | Class T Shares        
Significant Accounting Policies [Line Items]        
Advisor Percentage of stockholder servicing fee on NAV per annum 0.65%      
Advisor | Advanced Organization And Offering Costs        
Significant Accounting Policies [Line Items]        
Other liabilities       $ 7,300
Advisor | Advanced Organization And Offering Costs | Primary Offering        
Significant Accounting Policies [Line Items]        
Other liabilities $ 7,300      
Dealer Manager | Class S Shares | Maximum        
Significant Accounting Policies [Line Items]        
Upfront selling commissions percentage 3.50%      
Dealer Manager | Class T Shares        
Significant Accounting Policies [Line Items]        
Upfront dealer manager fee percentage 0.50%      
Dealer stockholder servicing fee percentage 0.20%      
Annual stockholder servicing fee percentage 0.85%      
Dealer Manager | Class T Shares | Maximum        
Significant Accounting Policies [Line Items]        
Upfront selling commissions percentage 3.00%      
Upfront selling commissions and dealer manager fee percentage 3.50%      
Dealer Manager | Class D Shares        
Significant Accounting Policies [Line Items]        
Annual stockholder servicing fee percentage 0.25%      
Dealer Manager | Class D Shares | Maximum        
Significant Accounting Policies [Line Items]        
Upfront selling commissions percentage 1.50%      
Dealer Manager | Class S Share And T Shares [Member]        
Significant Accounting Policies [Line Items]        
Annual stockholder servicing fee percentage 0.85%      
Dealer Manager | Class I Shares (Member)        
Significant Accounting Policies [Line Items]        
Annual stockholder servicing fee percentage 0.00%      
Dealer Manager | Common Stock Class T, Class S and Class D        
Significant Accounting Policies [Line Items]        
Annual stockholder servicing fee percentage of gross proceeds limit 8.75%      
Accounts Payable, Accrued Expenses and Other Liabilities        
Significant Accounting Policies [Line Items]        
Deferred income $ 3,400 $ 4,200    
Industrial Assets        
Significant Accounting Policies [Line Items]        
Number of real estate properties classified as held for sale | Property 0 0    
Other Income (Expense)        
Significant Accounting Policies [Line Items]        
Unrealized losses on investments   $ (37,000)    
Other Revenue        
Significant Accounting Policies [Line Items]        
Other income $ 800 $ 800 $ 800