Segment Reporting - Summary of Financial Results by Segment (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2025	Jun. 30, 2024	Jun. 30, 2025	Jun. 30, 2024
Revenues:
Total revenues	$ 394,535	$ 421,795	$ 794,800	$ 845,845
Expenses
Property operating	166,879	180,515	337,984	360,172
Loss from unconsolidated real estate ventures	(4,525)	(1,705)	(6,354)	(5,673)
Income from investments in real estate debt, net	18,494	12,374	38,130	52,871
Segment net operating income	241,625	251,949	488,592	532,871
General and administrative	(9,027)	(13,396)	(18,681)	(25,888)
Management fees	(22,178)	(26,514)	(44,944)	(58,510)
Depreciation and amortization	(173,654)	(185,889)	(346,504)	(372,287)
Net gain on dispositions of real estate	14,087	573	23,777	2,656
Interest expense	(150,891)	(158,188)	(303,118)	(312,221)
Other expense, net	(105,292)	(22,376)	(192,026)	(6,748)
Net loss	(205,330)	(153,841)	(392,904)	(240,127)
Net loss attributable to non-controlling interests in consolidated joint ventures	1,204	705	2,283	892
Net loss attributable to non-controlling interests in Operating Partnership	10,229	7,415	19,544	12,168
Net loss attributable to stockholders	(193,897)	(145,721)	(371,077)	(227,067)
Operating Segments | Multifamily Properties
Revenues:
Total revenues	292,684	309,649	593,496	615,090
Expenses
Property operating	133,529	141,853	269,644	280,179
Segment net operating income	159,155	167,796	323,852	334,911
Operating Segments | Industrial properties
Revenues:
Total revenues	37,742	46,092	76,006	94,057
Expenses
Property operating	7,786	11,512	17,433	23,465
Segment net operating income	29,956	34,580	58,573	70,592
Operating Segments | Office properties
Revenues:
Total revenues	42,072	41,190	82,838	83,760
Expenses
Property operating	15,710	15,529	31,316	30,557
Segment net operating income	26,362	25,661	51,522	53,203
Operating Segments | Other Properties
Revenues:
Total revenues	22,037	24,864	42,460	52,938
Expenses
Property operating	9,854	11,621	19,591	25,971
Loss from unconsolidated real estate ventures	(4,525)	(1,705)	(6,354)	(5,673)
Segment net operating income	7,658	11,538	16,515	21,294
Operating Segments | Investments in real estate debt
Expenses
Income from investments in real estate debt, net	18,494	12,374	38,130	52,871
Segment net operating income	18,494	12,374	38,130	52,871
Rental Revenue
Revenues:
Total revenues	386,801	412,464	780,851	825,547
Rental Revenue | Operating Segments | Multifamily Properties
Revenues:
Total revenues	288,662	305,744	585,633	608,313
Rental Revenue | Operating Segments | Industrial properties
Revenues:
Total revenues	37,719	45,774	75,906	93,712
Rental Revenue | Operating Segments | Office properties
Revenues:
Total revenues	42,015	41,148	82,719	83,675
Rental Revenue | Operating Segments | Other Properties
Revenues:
Total revenues	18,405	19,798	36,593	39,847
Other revenue
Revenues:
Total revenues	7,734	9,331	13,949	20,298
Other revenue | Operating Segments | Multifamily Properties
Revenues:
Total revenues	4,022	3,905	7,863	6,777
Other revenue | Operating Segments | Industrial properties
Revenues:
Total revenues	23	318	100	345
Other revenue | Operating Segments | Office properties
Revenues:
Total revenues	57	42	119	85
Other revenue | Operating Segments | Other Properties
Revenues:
Total revenues	$ 3,632	$ 5,066	$ 5,867	$ 13,091