Consolidated Statements of Operations and Comprehensive Loss - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Revenues
Total revenues	$ 642,905	$ 298,423	$ 94,308
Expenses
General and administrative	25,404	8,624	4,523
Management fees	62,237	19,423	5,469
Performance participation allocation	204,225	15,061	10,366
Depreciation and amortization	330,455	155,864	38,896
Total expenses	870,972	312,156	101,224
Other income (expense)
(Loss) income from unconsolidated real estate ventures	(615)	(1,462)	175
Income from investments in real estate debt	45,156	7,206	10,158
Interest expense	(124,091)	(88,918)	(25,311)
Other income (expense), net	3,174	(1,293)	916
Total other expense	(76,376)	(84,467)	(14,062)
Net loss	(304,443)	(98,200)	(20,978)
Net loss attributable to non-controlling interests in consolidated joint ventures	434	1,300	152
Net loss attributable to non-controlling interests in Operating Partnership	1,758	642
Net loss attributable to stockholders	$ (302,251)	$ (96,258)	$ (20,826)
Net loss per share of common stock, basic and diluted	$ (1.49)	$ (1.35)	$ (0.91)
Weighted-average shares of common stock outstanding, basic and diluted	203,300,648	71,502,374	23,032,351
Comprehensive loss:
Net loss	$ (304,443)	$ (98,200)	$ (20,978)
Other comprehensive loss item:
Foreign currency translation adjustments	(530)
Other comprehensive loss	(530)
Comprehensive loss	(304,973)	(98,200)	(20,978)
Rental revenue
Revenues
Total revenues	604,574	273,847	51,790
Hospitality revenue
Revenues
Total revenues	33,301	22,200	40,559
Other revenue
Revenues
Total revenues	5,030	2,376	1,959
Rental property operating
Expenses
Operating expenses	227,949	96,942	18,463
Hospitality operating
Expenses
Operating expenses	$ 20,702	$ 16,242	$ 23,507