v3.26.1
Debt - Narrative (Details)
3 Months Ended
Feb. 02, 2026
USD ($)
Jan. 13, 2026
USD ($)
Aug. 22, 2025
USD ($)
Jul. 08, 2025
USD ($)
Jan. 14, 2025
USD ($)
Jun. 28, 2024
USD ($)
Apr. 27, 2021
USD ($)
Mar. 31, 2026
USD ($)
multi-familyApartmentCommunity
Mar. 31, 2025
USD ($)
Dec. 31, 2025
USD ($)
Debt Instrument [Line Items]                    
Proceeds from issuance of senior unsecured notes, net               $ 86,565,000 $ 82,500,000  
Mortgages payable on real estate               669,487,000    
Loss on extinguishment of debt               $ 985,000 0  
Spread on variable interest rate               0.26161%    
Number of multi-family apartments sold during period | multi-familyApartmentCommunity               1    
NYM Preferred Trust I And II                    
Debt Instrument [Line Items]                    
Debt instrument, variable interest rate, type [Extensible Enumeration]               CME Term, SOFR    
Spread on variable interest rate               0.26161%    
Senior unsecured notes                    
Debt Instrument [Line Items]                    
Debt face amount               $ 347,500,000   $ 357,500,000
Unrealized net gains on debt               11,200,000 $ 3,000,000.0  
9.25% Senior Notes due 2031 | Senior unsecured notes                    
Debt Instrument [Line Items]                    
Debt face amount   $ 90,000,000.0                
Interest rate   9.25%                
Proceeds from issuance of senior unsecured notes, net   $ 86,600,000                
9.875% Senior Notes due 2030 | Senior unsecured notes                    
Debt Instrument [Line Items]                    
Debt face amount     $ 25,000,000.0 $ 90,000,000.0       115,000,000   115,000,000
Interest rate       9.875%            
Proceeds from issuance of senior unsecured notes, net     $ 24,800,000 $ 86,600,000            
Debt instrument, redemption price, percentage       100.00%            
9.125% Senior Notes due 2030 | Senior unsecured notes                    
Debt Instrument [Line Items]                    
Debt face amount         $ 82,500,000     82,500,000   82,500,000
Interest rate         9.125%          
Proceeds from issuance of senior unsecured notes, net         $ 79,300,000          
2029 Senior Notes at fair value | Senior unsecured notes                    
Debt Instrument [Line Items]                    
Debt face amount           $ 60,000,000.0   60,000,000   60,000,000
Interest rate           9.125%        
Proceeds from issuance of senior unsecured notes, net           $ 57,500,000        
2026 Senior Notes at amortized cost, net | Senior unsecured notes                    
Debt Instrument [Line Items]                    
Debt face amount             $ 100,000,000.0 0   $ 100,000,000
Interest rate             5.75%     5.75%
Proceeds from issuance of senior unsecured notes, net             $ 96,300,000      
Debt instrument, percentage of principal issued             100.00%      
Debt instrument, redemption price, percentage 100.00%                  
Mortgages payable on real estate                   $ 100,000,000.0
Deferred loan fees, net                   $ 400,000
Debt issuance costs, amortization rate                   6.73%
Debt principal repaid $ 100,000,000.0                  
Repayments of debt $ 101,500,000                  
Loss on extinguishment of debt               $ 300,000