Variable Interest Entities - Schedule of Variable Interest Entities (Details) $ in Thousands		Sep. 30, 2025 USD ($) entity	Dec. 31, 2024 USD ($) entity	Sep. 30, 2024 USD ($)
Restricted Assets:
Investments in real estate, net		$ 799,604	$ 680,596
Cash and cash equivalents		39,385	48,176	$ 69,326
Intangible assets, net		33,663	24,943
Other assets		8,517	9,198
Total assets	[1]	1,069,553	983,079
VIE Non-Recourse Liabilities
Mortgages payable, net		234,626	285,266
Financing obligation, net		53,985	53,991
Accounts payable, accrued expenses, and other liabilities		20,274	16,058
Total liabilities	[2]	$ 357,338	$ 379,275
Variable Interest Entity, Primary Beneficiary
Variable Interest Entity [Line Items]
Total number of consolidated VIEs (in entities) | entity		9	3
Restricted Assets:
Investments in real estate, net		$ 452,716	$ 155,313
Cash and cash equivalents		5,782	2,254
Intangible assets, net		18,272	7,025
Other assets		2,095	1,108
Total assets		478,865	165,700
VIE Non-Recourse Liabilities
Mortgages payable, net		83,843	0
Financing obligation, net		53,985	0
Accounts payable, accrued expenses, and other liabilities		7,793	4,147
Total liabilities		$ 145,621	$ 4,147

[1] Includes restricted assets of consolidated variable interest entities (“VIEs”) at September 30, 2025 and December 31, 2024 of $478.9 million and $165.7 million, respectively. See Note 16 — “Variable Interest Entities.”

[2] Includes non-recourse liabilities of consolidated VIEs at September 30, 2025 and December 31, 2024 of $145.6 million and $4.1 million, respectively. See Note 16 — “Variable Interest Entities.”