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Basis of Presentation and Significant Accounting Policies - Summary of Change in Inventories from Spin-Off (Parenthetical) (Details) - Homesite Inventory And Other Related Assets [Member]
$ in Thousands
3 Months Ended
Mar. 31, 2025
USD ($)
Inventory [Line Items]  
Homesite inventory land addition $ 326,900
Homesite development costs 445,600
Investment in development loans 250,200
Homesite inventory take downs 679,700
Development loan paydowns 1,100
Rausch  
Inventory [Line Items]  
Homesite inventory land acquired 1,049,000
Deferred tax liability 116,700
Earnest deposits 7,600
Homesite development costs 1,158,303
Lennar  
Inventory [Line Items]  
Homesite inventory land contributed 5,556,000
Deferred tax liability 59,800
Option deposits 584,800
Homesite inventory non cash contribution $ 4,911,000