Owned Real Estate, Net - Revenue and Expenses From Real Estate Owned (Detail) - USD ($) $ in Thousands |
12 Months Ended | ||
|---|---|---|---|
Dec. 31, 2025 |
Dec. 31, 2024 |
Dec. 31, 2023 |
|
| Real Estate [Abstract] | |||
| Rental revenue | $ 66,216 | $ 8,789 | |
| Hospitality revenue | 96,244 | 2,245 | |
| Other operating revenue | 22,520 | 2,006 | |
| Revenue from owned real estate | 184,980 | 13,040 | $ 0 |
| Operating expense | 146,738 | 12,846 | |
| Depreciation and amortization expense | 68,840 | 9,214 | |
| Total expenses from owned real estate | 215,578 | 22,060 | $ 0 |
| Loss from owned real estate | $ (30,598) | $ (9,020) | |