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Investments - Narrative (Details)
3 Months Ended 9 Months Ended 12 Months Ended
Sep. 30, 2023
USD ($)
commitment
entity
Sep. 30, 2022
USD ($)
Sep. 30, 2023
USD ($)
commitment
developmentRight
entity
Sep. 30, 2022
USD ($)
Dec. 31, 2022
community
Equity method investment          
Additional commitments | commitment 2   2    
Additional aggregate investment (up to) $ 51,660,000   $ 51,660,000    
Commitments to fund mezzanine loans or preferred equity | commitment 5   5    
Initial commitment for mezzanine loan $ 144,035,000   $ 144,035,000    
Weighted average rate of return on other commitments 10.90%   10.90%    
Outstanding funding on mezzanine loans $ 76,274,000   $ 76,274,000    
Nonoperating expense related to development pursuits (18,959,000) $ (6,514,000) $ (23,212,000) $ (9,865,000)  
Number Of Development Rights, No Longer Probable | developmentRight     3    
Impairment losses on long-lived assets 0 0 $ 0 0  
Casualty loss 3,499,000 0 8,550,000 0  
Other than temporary losses on investments 0 0 0 0  
US Fund          
Equity method investment          
Number of apartment communities sold | community         3
Northern and Southern California and Mid-Atlantic          
Equity method investment          
Business Combination, Acquisition Related Costs, Abandoned Pursuit Costs     17,111,000    
Pacific Northwest          
Equity method investment          
Business Combination, Acquisition Related Costs, Abandoned Pursuit Costs     5,335,000    
Northeast and California Regions | Severe Weather          
Equity method investment          
Casualty loss 3,499,000   8,550,000    
The Park Loggia          
Equity method investment          
Casualty loss 0 0 0 0  
Land Parcel          
Equity method investment          
Casualty loss $ 0 0 $ 0 0  
Unconsolidated real estate entities          
Equity method investment          
Number of unconsolidated real estate entities | entity 5   5    
Unconsolidated Real Estate Entity Under Development          
Equity method investment          
Number of unconsolidated real estate entities | entity 1   1    
Ownership percentage 25.00%   25.00%    
Proceeds from construction loans     $ 127,803,000    
US Fund          
Equity method investment          
Ownership percentage 28.60%   28.60%    
Income from recognition of promoted interest $ 424,000 $ 4,690,000 $ 1,496,000 $ 4,690,000  
Minimum | Unconsolidated real estate entities          
Equity method investment          
Ownership percentage 20.00%   20.00%    
Maximum | Unconsolidated real estate entities          
Equity method investment          
Ownership percentage 50.00%   50.00%