Summary of Significant Accounting Policies and Estimates - Assets Measured at Fair Value on a Recurring Basis (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Assets:
Investments in real estate debt	$ 87,209	$ 73,816
Fair Value, Recurring
Assets:
Investments in unconsolidated real estate affiliates	699,570	0
Investments in real estate debt	87,209	73,816
Total	798,789	85,582
Liabilities:
DST Financing obligation	13,694	0
Total	25,165	0
Interest rate hedging derivatives | Fair Value, Recurring
Assets:
Asset Derivatives	6,945	11,766
Liabilities:
Foreign currency hedging derivatives	4,651	0
Foreign currency forward contracts | Fair Value, Recurring
Assets:
Asset Derivatives	5,065	0
Liabilities:
Foreign currency hedging derivatives	6,820	0
Level 2 | Fair Value, Recurring
Assets:
Investments in unconsolidated real estate affiliates	0	0
Investments in real estate debt	30,974	23,816
Total	42,984	35,582
Liabilities:
DST Financing obligation	0	0
Total	11,471	0
Level 2 | Interest rate hedging derivatives | Fair Value, Recurring
Assets:
Asset Derivatives	6,945	11,766
Liabilities:
Foreign currency hedging derivatives	4,651	0
Level 2 | Foreign currency forward contracts | Fair Value, Recurring
Assets:
Asset Derivatives	5,065	0
Liabilities:
Foreign currency hedging derivatives	6,820	0
Level 3 | Fair Value, Recurring
Assets:
Investments in unconsolidated real estate affiliates	699,570	0
Investments in real estate debt	56,235	50,000
Total	755,805	50,000
Liabilities:
DST Financing obligation	13,694	0
Total	13,694	0
Level 3 | Interest rate hedging derivatives | Fair Value, Recurring
Assets:
Asset Derivatives	0	0
Liabilities:
Foreign currency hedging derivatives	0	0
Level 3 | Foreign currency forward contracts | Fair Value, Recurring
Assets:
Asset Derivatives	0	0
Liabilities:
Foreign currency hedging derivatives	$ 0	$ 0