Subsequent Events (Details) $ in Millions	1 Months Ended				2 Months Ended	12 Months Ended
	Jan. 31, 2022 USD ($) apartment	Nov. 30, 2021 USD ($)	Aug. 31, 2021 USD ($)	Mar. 31, 2021 USD ($)	Feb. 25, 2022 USD ($) investment	Dec. 31, 2021 USD ($) apartment
Preferred Equity Investment Property in Southern California
Subsequent Event [Line Items]
Proceeds from preferred equity investments		$ 18.3		$ 110.2
Preferred Equity Investment Property in Northern California
Subsequent Event [Line Items]
Proceeds from preferred equity investments			$ 21.6
Apartment Building
Subsequent Event [Line Items]
Number of units acquired | apartment						268
Purchase price						$ 165.4
Subsequent Event | Vela on Ox | Related Party Bridge Loan On Property Acquired By Wesco VI | Affiliated Entity
Subsequent Event [Line Items]
Notes receivable, related parties	$ 100.7
Interest rate	2.64%
Cash received from collection of note receivable	$ 121.3
Subsequent Event | Wesco VI, LLC | Vela on Ox
Subsequent Event [Line Items]
Purchase price	$ 183.0
Subsequent Event | Preferred Equity Investment Property in Southern California
Subsequent Event [Line Items]
Proceeds from preferred equity investments					$ 87.9
Number of preferred equity investments redeemed | investment					2
Subsequent Event | Preferred Equity Investment Property in Northern California
Subsequent Event [Line Items]
Proceeds from preferred equity investments					$ 17.6
Subsequent Event | Apartment Building | Wesco VI, LLC | Vela on Ox
Subsequent Event [Line Items]
Number of units acquired | apartment	379