Condensed Consolidated Statements of Operations (Unaudited) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Revenues
Total revenues	$ 162,435,000	$ 76,920,000	$ 393,760,000	$ 205,422,000
Expenses
Operating expenses	64,767,000	29,504,000	154,923,000	77,167,000
General and administrative	6,588,000	2,023,000	15,210,000	6,163,000
Management fees	17,653,000	5,018,000	36,364,000	13,560,000
Performance participation allocation	79,552,000	0	111,934,000	46,000
Depreciation and amortization	82,453,000	38,543,000	197,934,000	107,993,000
Total expenses	251,013,000	75,088,000	516,365,000	204,929,000
Other income (expense)
Loss from unconsolidated real estate ventures	(447,000)	(666,000)	(448,000)	(887,000)
Income (loss) from investments in real estate debt	19,268,000	11,068,000	37,898,000	(27,000)
Interest expense	(38,887,000)	(22,539,000)	(88,994,000)	(65,448,000)
Other expense, net	(1,449,000)	(192,000)	(527,000)	(29,000)
Total other expense	(21,515,000)	(12,329,000)	(52,071,000)	(66,391,000)
Net loss	(110,093,000)	(10,497,000)	(174,676,000)	(65,898,000)
Net loss attributable to non-controlling interests in consolidated joint ventures	176,000	139,000	319,000	1,186,000
Net loss attributable to non-controlling interests in Operating Partnership	665,000	43,000	1,235,000	458,000
Net loss attributable to stockholders	$ (109,252,000)	$ (10,315,000)	$ (173,122,000)	$ (64,254,000)
Net loss per share of common stock, basic and diluted	$ (0.47)	$ (0.14)	$ (1.04)	$ (0.96)
Weighted-average shares of common stock outstanding, basic and diluted	231,623,633	74,215,048	166,052,567	66,696,838
Rental revenue
Revenues
Total revenues	$ 152,207,000	$ 71,896,000	$ 366,550,000	$ 186,688,000
Hospitality revenue
Revenues
Total revenues	9,364,000	4,420,000	24,817,000	17,134,000
Other revenue
Revenues
Total revenues	864,000	604,000	2,393,000	1,600,000
Rental property operating
Expenses
Operating expenses	59,114,000	25,915,000	139,897,000	64,873,000
Hospitality operating
Expenses
Operating expenses	$ 5,653,000	$ 3,589,000	$ 15,026,000	$ 12,294,000