v3.25.2
Investment in Unconsolidated Joint Ventures (Narrative) (Details)
$ in Thousands
3 Months Ended 4 Months Ended 6 Months Ended
Jun. 27, 2025
USD ($)
ft²
apartments
Mar. 05, 2025
USD ($)
ft²
apartments
Feb. 27, 2025
USD ($)
ft²
Jun. 30, 2025
USD ($)
Real_Estate_Properties
Jun. 30, 2024
USD ($)
Jun. 30, 2025
USD ($)
Real_Estate_Properties
Jun. 30, 2025
USD ($)
Real_Estate_Properties
Jun. 30, 2024
USD ($)
Schedule of Equity Method Investments [Line Items]                
Repayments of Secured Debt             $ 2,152 $ 2,019
Loss from early extinguishment of debt       $ 0 $ 0   338 0
Payments to Acquire Equity Method Investments             $ 84,432 60,461
Residential Building                
Schedule of Equity Method Investments [Line Items]                
Number of real estate properties | Real_Estate_Properties       9   9 9  
7750 Wisconsin Avenue LLC [Member]                
Schedule of Equity Method Investments [Line Items]                
Ownership Percentage     50.00% 50.00%   50.00% 50.00%  
CAB 290 Coles Venture LLC                
Schedule of Equity Method Investments [Line Items]                
Ownership Percentage   19.46%   19.46% [1]   19.46% [1] 19.46% [1]  
Payments to Acquire Equity Method Investments   $ 20,000            
CAB 290 Coles Holdco LLC                
Schedule of Equity Method Investments [Line Items]                
Ownership Percentage [1],[2]       0.00%   0.00% 0.00%  
Payments to Acquire Equity Method Investments           $ 1,600    
CAB 290 Coles Holdco LLC | Maximum [Member]                
Schedule of Equity Method Investments [Line Items]                
Payments to Acquire Equity Method Investments             $ 65,000  
Internal Rate of return on preferred equity             13.00%  
17 Hartwell Avenue JV LLC                
Schedule of Equity Method Investments [Line Items]                
Ownership Percentage 20.00%     20.00% [1]   20.00% [1] 20.00% [1]  
Contribution of Property $ 5,600              
17 Hartwell Avenue JV LLC | Joint Venture Partner [Member]                
Schedule of Equity Method Investments [Line Items]                
Payments to Acquire Equity Method Investments $ 23,000              
Unconsolidated Joint Ventures [Member]                
Schedule of Equity Method Investments [Line Items]                
Loss from early extinguishment of debt       $ 0 $ 0   $ 62 $ 0
7750 Wisconsin Avenue [Member] | Unconsolidated Properties                
Schedule of Equity Method Investments [Line Items]                
Net Rentable Area (in sf) | ft²     736,000          
7750 Wisconsin Avenue [Member] | Unconsolidated Properties | Construction Loans                
Schedule of Equity Method Investments [Line Items]                
Repayments of Secured Debt     $ 252,000          
Loss from early extinguishment of debt             $ 100  
7750 Wisconsin Avenue [Member] | Unconsolidated Properties | Mortgages [Member]                
Schedule of Equity Method Investments [Line Items]                
Debt     $ 252,000          
Debt Instrument, Interest Rate, Stated Percentage     5.49%          
290 Coles Street | Unconsolidated Properties | Residential Building                
Schedule of Equity Method Investments [Line Items]                
Net Rentable Area (in sf) | ft²   560,000            
Number of Units in Real Estate Property | apartments   670            
290 Coles Street | Unconsolidated Properties | Construction Loans                
Schedule of Equity Method Investments [Line Items]                
Debt Instrument, Basis Spread on Variable Rate   2.50%            
Debt   $ 225,000            
Extension Option (in years)   1            
17 Hartwell Avenue                
Schedule of Equity Method Investments [Line Items]                
Net Rentable Area (in sf) | ft² 30,000              
17 Hartwell Avenue | Unconsolidated Properties | Residential Building                
Schedule of Equity Method Investments [Line Items]                
Number of Units in Real Estate Property | apartments 312              
17 Hartwell Avenue | Unconsolidated Properties | Construction Loans                
Schedule of Equity Method Investments [Line Items]                
Debt $ 98,700              
Debt Instrument, Interest Rate, Stated Percentage 6.75%              
[1] This entity is a VIE (See Note 2).
[2] The Company agreed to fund up to $65.0 million of the required capital through its preferred equity investment. The Company’s preferred equity investment will earn a 13.0% internal rate of return (“IRR”) and is to be redeemed, in full, upon the earlier of two years after stabilization of the property or March 5, 2030.