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Real Estate Investments - Preferred Equity Investments and Real Estate Under Development (Details)
$ in Thousands
1 Months Ended 12 Months Ended
Nov. 30, 2019
USD ($)
Oct. 31, 2019
USD ($)
Sep. 30, 2019
USD ($)
Apr. 30, 2019
USD ($)
Feb. 28, 2019
USD ($)
Dec. 31, 2019
USD ($)
investment
unit
project
Dec. 31, 2018
USD ($)
investment
Schedule of Equity Method Investments [Line Items]              
Co-investment           $ 1,335,339 $ 1,300,140
Ownership interests, number of consolidated projects | project           5  
Ownership Interests, number of unconsolidated projects | investment           2  
Number of units to be developed | unit           1,960  
Real Estate Predevelopment Projects              
Schedule of Equity Method Investments [Line Items]              
Actual cost of active development projects           $ 1,000,000  
Minimum              
Schedule of Equity Method Investments [Line Items]              
Annualized preferred return rate           10.15% 10.25%
Maximum              
Schedule of Equity Method Investments [Line Items]              
Annualized preferred return rate           11.30% 12.00%
Equity Method Investments              
Schedule of Equity Method Investments [Line Items]              
Commitment to fund preferred equity investment in the project           $ 141,700 $ 45,100
Number of investments with a commitment to fund | investment           5 2
Equity method investment, funded amount           $ 125,400 $ 41,100
Total Preferred Interest Investments              
Schedule of Equity Method Investments [Line Items]              
Co-investment           $ 444,900 $ 372,800
Joint Venture that Holds Property San Jose, CA              
Schedule of Equity Method Investments [Line Items]              
Full redemption of a preferred equity investment         $ 10,900    
Early redemption fee         $ 100    
Joint Venture that Holds Property in Santa Ana, California              
Schedule of Equity Method Investments [Line Items]              
Full redemption of a preferred equity investment       $ 16,300      
Early redemption fee       $ 700      
Redmond, WA              
Schedule of Equity Method Investments [Line Items]              
Full redemption of a preferred equity investment     $ 14,800        
Early redemption fee     300        
Seattle, WA              
Schedule of Equity Method Investments [Line Items]              
Full redemption of a preferred equity investment     16,300        
Early redemption fee     $ 1,400        
San Jose, CA              
Schedule of Equity Method Investments [Line Items]              
Full redemption of a preferred equity investment   $ 15,800          
Early redemption fee   $ 200          
Bellevue, WA              
Schedule of Equity Method Investments [Line Items]              
Full redemption of a preferred equity investment $ 16,000            
Early redemption fee $ 900