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Related Party Transactions (Details)
1 Months Ended 3 Months Ended
Feb. 28, 2026
USD ($)
property
Aug. 31, 2025
USD ($)
property
Apr. 30, 2023
USD ($)
Aug. 31, 2022
USD ($)
community
Nov. 30, 2021
USD ($)
Sep. 30, 2021
Oct. 31, 2018
USD ($)
apartment
May 31, 2018
USD ($)
apartment
Mar. 31, 2026
USD ($)
Mar. 31, 2025
USD ($)
Dec. 31, 2025
USD ($)
Related Party Transaction [Line Items]                      
Notes and other receivables                 $ 201,982,000   $ 141,591,000
Payments to acquire equity method investments                 1,329,000 $ 3,934,000  
Apartment home community development development in Burlingame, CA                      
Related Party Transaction [Line Items]                      
Commitment funded amount     $ 11,200,000                
Apartment home community in Ventura, CA                      
Related Party Transaction [Line Items]                      
Commitment funded amount         $ 18,300,000       11,000,000.0    
Commitment to fund, amount         $ 13,000,000.0            
Commitment to unfund preferred equity investment in the project                 2,000,000.0    
Related Party                      
Related Party Transaction [Line Items]                      
Notes receivable       $ 11,200,000              
Notes receivable, interest rate       9.50%              
Number of communities owned | community       3              
Related Party | Apartment home community development development in Burlingame, CA                      
Related Party Transaction [Line Items]                      
Payments to acquire equity method investments             $ 18,600,000        
Apartment homes | apartment             268        
Preferred return rate     11.00%     9.00% 12.00%        
Related Party | Related Party Bridge Loan On Property Acquired By Wesco I                      
Related Party Transaction [Line Items]                      
Notes receivable $ 59,500,000 $ 81,200,000                  
Notes receivable, interest rate 5.00% 5.50%                  
Related Party | Related Party Bridge Loan On Property Acquired By Wesco I | South California                      
Related Party Transaction [Line Items]                      
Number of mortgage related properties | property 1 1                  
Related Party | Marcus & Millichap Company (MMC)                      
Related Party Transaction [Line Items]                      
Brokerage commissions                 $ 0 0  
Related Party | Marcus & Millichap Company (MMC) | Apartment home community in Ventura, CA                      
Related Party Transaction [Line Items]                      
Apartment homes | apartment               400      
Preferred return rate               10.25% 9.00%    
Commitment to fund preferred equity investment               $ 26,500,000      
Affiliated Entity                      
Related Party Transaction [Line Items]                      
Notes and other receivables                 $ 65,000,000.0   $ 5,200,000
Management and Other Fees From Affiliates | Related Party                      
Related Party Transaction [Line Items]                      
Related party transaction, amounts of transaction                 2,300,000 2,500,000  
Revenues from Development and Redevelopment Fees | Related Party                      
Related Party Transaction [Line Items]                      
Related party transaction, amounts of transaction                 $ 100,000 $ 100,000