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Real Estate Activity - Narrative (Details)
$ in Thousands
2 Months Ended 12 Months Ended 13 Months Ended 14 Months Ended 22 Months Ended
Oct. 21, 2024
USD ($)
property
Dec. 15, 2023
USD ($)
property
Nov. 06, 2023
USD ($)
property
Mar. 15, 2023
USD ($)
apartment
Oct. 21, 2022
USD ($)
Dec. 31, 2024
USD ($)
a
lot
land_parcel
Dec. 31, 2024
USD ($)
a
lot
land_parcel
Dec. 31, 2023
USD ($)
Dec. 31, 2022
USD ($)
Dec. 31, 2024
USD ($)
a
lot
land_parcel
Dec. 31, 2024
USD ($)
a
lot
land_parcel
Dec. 31, 2024
USD ($)
a
lot
land_parcel
Real Estate [Line Items]                        
Depreciation             $ 11,662 $ 12,887 $ 8,962      
Windmill Farms                        
Real Estate [Line Items]                        
Number of land parcels to be developed | land_parcel           2 2     2 2 2
Area of land to be developed | a           125 125     125 125 125
Number of lots of land to be developed | lot           470 470     470 470 470
Real estate investment property, at cost           $ 24,279 $ 24,279     $ 24,279 $ 24,279 $ 24,279
Amount spent on reimbursable infrastructure investments             $ 3,616          
Polk County Land                        
Real Estate [Line Items]                        
Real estate investment property, at cost       $ 55,330                
Number of units in real estate property | apartment       240                
Construction fees       $ 1,637                
Development costs                       36,583
Real estate, development agreement, development related fee                       $ 1,172
Merano                        
Real Estate [Line Items]                        
Real estate investment property, at cost     $ 51,910                  
Number of units in real estate property | property     216                  
Proceeds from construction loans payable     $ 25,407                  
Construction fees     $ 1,551                  
Development costs                     24,828  
Real estate, development agreement, development related fee                     $ 1,029  
Bandera Ridge                        
Real Estate [Line Items]                        
Real estate investment property, at cost   $ 49,603                    
Number of units in real estate property | property   216                    
Proceeds from construction loans payable   $ 23,500                    
Construction fees   $ 1,607                    
Development costs                   26,273    
Real estate, development agreement, development related fee                   $ 684    
Mountain Creek                        
Real Estate [Line Items]                        
Real estate investment property, at cost $ 49,791                      
Number of units in real estate property | property 234                      
Proceeds from construction loans payable $ 27,500                      
Construction fees         $ 1,574              
Development costs           $ 5,037