Notes and Other Receivables - Schedule of Notes and Other Receivables (Details) $ in Thousands	3 Months Ended
	Mar. 31, 2025 USD ($)	Dec. 31, 2024 USD ($) apartment	Mar. 31, 2024 USD ($)	Dec. 31, 2023 USD ($)
Accounts, Notes, Loans and Financing Receivable [Line Items]
Allowance for credit losses	$ (526)	$ (529)
Total notes and other receivables	133,724	206,706
Stabilized Apartment Home Community Located In Oakland
Accounts, Notes, Loans and Financing Receivable [Line Items]
Unsecured notes at maturity		$ 72,000
Apartment Homes | apartment		241
Note receivable, secured, bearing interest at 9.00%, due October 2026 (Originated October 2021)
Accounts, Notes, Loans and Financing Receivable [Line Items]
Note receivables	$ 61,944	$ 60,538
Stated interest rate	9.00%
Note receivable, secured, bearing interest at 12.00%, due January 2025 (Originated August 2022)
Accounts, Notes, Loans and Financing Receivable [Line Items]
Note receivables	$ 0	3,167
Stated interest rate	12.00%
Note receivable, secured, bearing interest at 11.25%, due October 2027 (Originated October 2022)
Accounts, Notes, Loans and Financing Receivable [Line Items]
Note receivables	$ 40,310	39,187
Stated interest rate	11.25%
Receivable from preferred equity investment sponsor
Accounts, Notes, Loans and Financing Receivable [Line Items]
Note receivables	$ 0	72,002
Other receivables from affiliates
Accounts, Notes, Loans and Financing Receivable [Line Items]
Note receivables	5,344	5,646
Allowance for credit losses	(526)	(529)	$ (712)	$ (687)
Straight line rent receivables
Accounts, Notes, Loans and Financing Receivable [Line Items]
Note receivables	8,689	9,235
Other receivables
Accounts, Notes, Loans and Financing Receivable [Line Items]
Note receivables	$ 17,963	$ 17,460