v3.25.4
Real Estate, Net - Narrative (Details)
 12 Months Ended
Dec. 31, 2025
USD ($)
jointVenture
property
Dec. 31, 2024
USD ($)
jointVenture
property
Dec. 31, 2023
USD ($)
Real Estate [Line Items]      
Net payments made on mortgages payable on real estate $ 128,544,000 $ 54,296,000 $ 148,948,000
Gains on residential loans held for sale, net 14,443,000 0 0
Net income (loss) 137,657,000 (93,953,000) (77,799,000)
Net income 137,657,000 (93,953,000) (77,799,000)
Impairment of real estate 9,767,000 48,875,000 $ 89,548,000
Single-Family Rental - Operating      
Real Estate [Line Items]      
Loss on transfer to real estate held-for-sale 1,600,000 4,800,000  
Net impairment loss 2,600,000 4,900,000  
Total gross proceeds 7,400,000 5,400,000  
Gains on sales of investment real estate (600,000) $ 100,000  
VIE, Primary Beneficiary      
Real Estate [Line Items]      
Realized loss $ 0    
VIE, Primary Beneficiary | Multi-Family - Operating      
Real Estate [Line Items]      
Number of joint ventures classified as held-for-sale during period | jointVenture 2    
Proceeds from sale of real estate held for investment $ 51,000,000.0    
Net payments made on mortgages payable on real estate 29,500,000    
Gains on residential loans held for sale, net 9,100,000    
Defeasance costs 400,000    
Net income (loss) (6,300,000)    
Net income $ 2,400,000    
Number of properties held for sale | property 1 0  
Impairment of real estate $ 0 $ 15,800,000  
Number of joint ventures impaired during period | jointVenture   1  
VIE, Primary Beneficiary | Multi-Family - Operating | Disposal Group, Two Multi-Family Apartment Communities      
Real Estate [Line Items]      
Number of joint ventures classified as held-for-sale during period | jointVenture   2  
Realized loss   $ 0  
Proceeds from sale of real estate held for investment   77,300,000  
Net payments made on mortgages payable on real estate   44,200,000  
Gains on residential loans held for sale, net   16,300,000  
Defeasance costs   600,000  
Net income (loss)   12,100,000  
Net income   3,600,000  
VIE, Primary Beneficiary | Multi-Family - Operating | Disposal Group, One Multi-Family Apartment Community      
Real Estate [Line Items]      
Gains on residential loans held for sale, net   500,000  
Net income   $ 100,000  
Number of real estate properties sold | jointVenture   1