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Significant Transactions During the Three Months Ended March 31, 2024 and Subsequent Events (Details)
1 Months Ended 3 Months Ended
May 01, 2024
USD ($)
apartment
Mar. 31, 2024
USD ($)
community
apartment
Aug. 31, 2022
USD ($)
community
Mar. 31, 2024
USD ($)
community
Mar. 31, 2023
USD ($)
Other Commitments [Line Items]          
Gain on remeasurement of co-investment       $ 138,326,000 $ 0
Equity income from co-investments       12,366,000 $ 10,871,000
Apartment Building | Regency Palm Court and Windsor Court          
Other Commitments [Line Items]          
Gain on remeasurement of co-investment   $ 138,300,000      
Unsecured Bonds 5.500%, Due April 2034 | Senior Notes          
Other Commitments [Line Items]          
Debt instrument face amount   $ 350,000,000   $ 350,000,000  
Debt instrument, debt offering price, percentage of par value   99.752%   99.752%  
Interest rate   5.50%   5.50%  
Related Party          
Other Commitments [Line Items]          
Number of communities owned | community     3    
Notes receivable     $ 11,200,000    
Notes receivable, interest rate     9.50%    
Related Party Bridge Loan On Property Acquired By BEX II | Related Party          
Other Commitments [Line Items]          
Notes receivable   $ 53,600,000   $ 53,600,000  
Related Party Bridge Loan On Property Acquired By BEX II | Related Party | SOFR          
Other Commitments [Line Items]          
Notes receivable, interest rate   1.50%      
Membership Interest In BEXAEW          
Other Commitments [Line Items]          
Limited partnership interest in partnership investments   49.90%      
Number of units acquired | apartment   1,480      
Apartment Homes Located in Sunnyvale, CA | Subsequent Event          
Other Commitments [Line Items]          
Number of units acquired | apartment 75        
Commitment to fund preferred equity investment $ 14,700,000        
Repayments of secured debt 46,600,000        
Impairment of leasehold $ 3,700,000        
BEXAEW LLC          
Other Commitments [Line Items]          
Number of communities owned | community   4   4  
Number of units acquired | apartment   1,480      
Payments to acquire real estate   $ 505,000,000      
Debt instrument, repaid, principal   219,900,000      
Equity income from co-investments   $ 1,500,000      
BEXAEW LLC | Related Party Bridge Loan On Property Acquired By BEX II | Related Party | SOFR          
Other Commitments [Line Items]          
Notes receivable, interest rate   1.50%      
BEXAEW LLC | Membership Interest In BEXAEW          
Other Commitments [Line Items]          
Limited partnership interest in partnership investments   49.90%