Variable Interest Entities (“VIE”) - Schedule of Variable Interest Entities (Details) $ in Thousands		Mar. 31, 2025 USD ($) entity	Dec. 31, 2024 USD ($) entity	Mar. 31, 2024 USD ($)
Restricted Assets:
Investments in real estate, net		$ 675,880	$ 680,596
Cash and cash equivalents		140,800	48,176	$ 36,742
Intangible assets, net		22,952	24,943
Other assets		15,726	9,198
Total assets	[1]	1,071,659	983,079
VIE Non-Recourse Liabilities
Mortgages payable, net		303,375	285,266
Financing obligation, net		53,989	53,991
Accounts payable, accrued expenses and other liabilities		19,790	16,058
Total liabilities	[2]	$ 400,131	$ 379,275
Variable Interest Entity, Primary Beneficiary
Variable Interest Entity [Line Items]
Total number of consolidated VIEs (in entities) | entity		4	3
Restricted Assets:
Investments in real estate, net		$ 303,190	$ 155,313
Cash and cash equivalents		3,688	2,254
Intangible assets, net		6,661	7,025
Other assets		1,065	1,108
Total assets		314,604	165,700
VIE Non-Recourse Liabilities
Mortgages payable, net		83,458	0
Financing obligation, net		53,989	0
Accounts payable, accrued expenses and other liabilities		5,397	4,147
Total liabilities		$ 142,844	$ 4,147

[1] Includes restricted assets of consolidated variable interest entities (“VIEs”) at March 31, 2025 and December 31, 2024 of $314.6 million and $165.7 million, respectively. See Note 16 — “Variable Interest Entities.”

[2] Includes non-recourse liabilities of consolidated VIEs at March 31, 2025 and December 31, 2024 of $142.8 million and $4.1 million, respectively. See Note 16 — “Variable Interest Entities.”