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Significant Transactions During the Six Months Ended June 30, 2022 and Subsequent Events (Details)
$ / shares in Units, $ in Millions
1 Months Ended 3 Months Ended
Jun. 30, 2022
USD ($)
Apr. 30, 2022
USD ($)
Mar. 31, 2022
USD ($)
Jan. 31, 2022
USD ($)
apartment
Nov. 30, 2021
USD ($)
Jun. 30, 2022
USD ($)
$ / shares
shares
Mar. 31, 2022
USD ($)
investment
Other Commitments [Line Items]              
Shares repurchased and retired during period (in shares) | shares           218,960  
Shares repurchased and retired during period, value           $ 60.8  
Treasury stock acquired, average cost per share (in dollars per share) | $ / shares           $ 277.81  
Purchase authority remaining under stock repurchase plan $ 153.6         $ 153.6  
Stock repurchase plan amount 250.0         $ 250.0  
Related Party Bridge Loan on Property In Vista, CA              
Other Commitments [Line Items]              
Proceeds from redemption of notes receivable       $ 48.5      
Affiliated Entity | Related Party Bridge Loan on Property In Vista, CA              
Other Commitments [Line Items]              
Notes receivable         $ 48.4    
Interest rate         2.36%    
Affiliated Entity | Related Party Bridge Loan On Property Acquired By BEX II              
Other Commitments [Line Items]              
Notes receivable     $ 32.8   $ 32.8   $ 32.8
Interest rate     1.35%   1.35%    
Wesco IV              
Other Commitments [Line Items]              
Limited partnership interest in partnership investments   65.10%          
Promote interest   $ 37.5          
Preferred Equity Investment Property In Northern California              
Other Commitments [Line Items]              
Proceeds from partial redemption of co-investment $ 3.0            
Preferred Equity Investment Property in Southern California and Washington              
Other Commitments [Line Items]              
Number of preferred equity investments | investment             3
Commitments to acquire equity method investment             $ 29.5
Preferred return rate             10.00%
Joint Venture That Holds Property In California              
Other Commitments [Line Items]              
Proceeds from partial redemption of co-investment             $ 106.9
Early redemption fee             $ 0.9
Number of preferred equity investments fully redeemed | investment             2
Number of preferred equity investments partially redeemed | investment             2
Vela On Ox | Affiliated Entity | Related Party Bridge Loan on Property Acquired By Wesco VI              
Other Commitments [Line Items]              
Notes receivable       $ 100.7      
Interest rate       2.64%      
Proceeds from redemption of notes receivable       $ 121.3      
Vela On Ox | Wesco VI              
Other Commitments [Line Items]              
Payments to acquire real estate       $ 183.0      
Vela On Ox | Apartment Building | Wesco VI              
Other Commitments [Line Items]              
Number of units acquired | apartment       379