Summary of Significant Accounting Policies and Estimates (Tables)

6 Months Ended

Jun. 30, 2023

Accounting Policies [Abstract]

Assets Measured At Fair Value On A Recurring Basis

The following table details the Company’s assets measured at fair value on a recurring basis:

	June 30, 2023						December 31, 2022
	Level 2		Level 3		Total		Level 2		Level 3		Total
Assets:
Investments in unconsolidated real estate affiliates	$	—	$	377,974	$	377,974	$	—	$	—	$	—
Investments in real estate debt	9,768		50,000		59,768		23,816		50,000		73,816
Derivatives	20,403		—		20,403		11,766		—		11,766
Total	$	30,171	$	427,974	$	458,145	$	35,582	$	50,000	$	85,582

Assets And Liabilities Measured At Fair Value On A Recurring Basis Using Level 3 Inputs

The following table details the Company’s assets and liabilities measured at fair value on a recurring basis using Level 3 inputs:

	Investments in real estate debt		Investments in unconsolidated real estate affiliates
Balance as of December 31, 2022	$	50,000	$	—
Purchases	—		366,216
Sales	—		—
Distributions received	—		(4,928)
Income from unconsolidated real estate affiliates measured at fair value	—		16,686
Balance as of June 30, 2023	$	50,000	$	377,974