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Debt - Narrative (Details)
$ in Thousands
1 Months Ended 3 Months Ended 12 Months Ended
Apr. 30, 2023
USD ($)
Sep. 30, 2023
USD ($)
Dec. 31, 2023
USD ($)
apartment
Dec. 31, 2022
USD ($)
Dec. 31, 2021
USD ($)
Line of Credit Facility [Line Items]          
Long-term debt, gross     $ 2,801,421    
Non-recourse property debt, net     2,223,791 $ 1,985,430  
Repayments of debt     $ 325,000 350,000 $ 350,000
Minimum          
Line of Credit Facility [Line Items]          
Fixed charges coverage ratio     1.50    
Secured indebtedness to total assets ratio     0.40    
Maximum unsecured leverage ratio     60.00%    
Unsecured interest coverage ratio     1.50    
Minimum | Leverage Ratio          
Line of Credit Facility [Line Items]          
Unsecured leverage ratio     0.60    
Interest Expense          
Line of Credit Facility [Line Items]          
Debt issuance costs, gross   $ 800      
Unsecured debt | Term Loan          
Line of Credit Facility [Line Items]          
Long-term debt, gross     $ 475,000 800,000  
Repayments of debt   325,000      
Core JV          
Line of Credit Facility [Line Items]          
Long-term debt, gross     373,300    
Non-recourse property debt, net     644,400    
Fifteen Year Fixed Rate Financing          
Line of Credit Facility [Line Items]          
Revolving credit facility $ 1,000,000        
Loan term 15 years        
Line of credit, current liquidity     1,900,000    
Fixed Rate Property Debt          
Line of Credit Facility [Line Items]          
Aggregate gross book value     $ 2,500,000    
Fixed Rate Property Debt | Pledged as Collateral          
Line of Credit Facility [Line Items]          
Number of apartment communities | apartment     26    
Fixed Rate Property Debt | Secured Debt          
Line of Credit Facility [Line Items]          
Long-term debt, gross     $ 2,236,975 1,906,151  
Fixed Rate Property Debt | Nine Properties | Core JV | Secured Debt          
Line of Credit Facility [Line Items]          
Long-term debt, gross   611,400      
Fixed Rate Property Debt | One Property | Core JV | Secured Debt          
Line of Credit Facility [Line Items]          
Long-term debt, gross   33,000      
Term Loan Maturity on December 15, 2023          
Line of Credit Facility [Line Items]          
Repayments of debt   150,000      
Term Loan Maturity on December 15, 2024          
Line of Credit Facility [Line Items]          
Repayments of debt   $ 175,000      
Variable Rate Property Debt | Secured Debt          
Line of Credit Facility [Line Items]          
Long-term debt, gross     $ 0 $ 88,500