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Mortgages, Notes and Loans Payable, Net (Borrowings Activity) (Details) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Notes And Loans Payable [Roll Forward]    
Balance at December 31, 2021 $ 4,591,157  
Issuances/Borrowings 576,230 $ 1,870,378
Repayments (534,458) (1,758,772)
Special Improvement District bond assumptions (5,860) $ (8,484)
Deferred financing costs, net 343  
Balance at September 30, 2022 4,627,411  
Mortgages, notes and loans payable    
Notes And Loans Payable [Roll Forward]    
Issuances/Borrowings 252,109  
Repayments $ (35,353)  
Senior Secured Credit Facility    
Debt Instrument [Line Items]    
Interest Rate 4.61%  
Notes And Loans Payable [Roll Forward]    
Repayments $ (74,482)  
Two Summerlin    
Debt Instrument [Line Items]    
Interest Rate 3.43%  
Notes And Loans Payable [Roll Forward]    
Issuances/Borrowings $ 40,800  
20/25 Waterway Avenue    
Debt Instrument [Line Items]    
Interest Rate 5.48%  
Notes And Loans Payable [Roll Forward]    
Issuances/Borrowings $ 14,500  
One Merriweather    
Debt Instrument [Line Items]    
Interest Rate 3.53%  
Notes And Loans Payable [Roll Forward]    
Issuances/Borrowings $ 49,800  
Two Merriweather    
Debt Instrument [Line Items]    
Interest Rate 3.83%  
Notes And Loans Payable [Roll Forward]    
Issuances/Borrowings $ 25,600  
Millennium Waterway Apartments    
Debt Instrument [Line Items]    
Interest Rate 3.94%  
Notes And Loans Payable [Roll Forward]    
Issuances/Borrowings $ 51,000  
Two Lakes Edge    
Debt Instrument [Line Items]    
Interest Rate 4.39%  
Notes And Loans Payable [Roll Forward]    
Issuances/Borrowings $ 105,000  
The Lane at Waterway    
Debt Instrument [Line Items]    
Interest Rate 4.85%  
Notes And Loans Payable [Roll Forward]    
Issuances/Borrowings $ 37,500  
20/25 Waterway Avenue    
Debt Instrument [Line Items]    
Interest Rate 4.79%  
Notes And Loans Payable [Roll Forward]    
Repayments $ (12,487)  
Millennium Waterway Apartments    
Debt Instrument [Line Items]    
Interest Rate 3.75%  
Notes And Loans Payable [Roll Forward]    
Repayments $ (50,516)  
Two Lakes Edge    
Debt Instrument [Line Items]    
Interest Rate 2.40%  
Notes And Loans Payable [Roll Forward]    
Repayments $ (69,031)  
Outlet Collection at Riverwalk    
Debt Instrument [Line Items]    
Interest Rate 3.50%  
Notes And Loans Payable [Roll Forward]    
Repayments $ (26,258)  
Kō‘ula    
Debt Instrument [Line Items]    
Interest Rate 3.14%  
Notes And Loans Payable [Roll Forward]    
Repayments $ (238,682)  
The Lane at Waterway    
Debt Instrument [Line Items]    
Interest Rate 1.85%  
Notes And Loans Payable [Roll Forward]    
Repayments $ (27,729)