v3.26.1
Mortgages, Notes, and Loans Payable, Net - Summary of Mortgages, Notes and Loans Payable (Details) - USD ($)
$ in Thousands
Mar. 31, 2026
Dec. 31, 2025
Debt Instrument [Line Items]    
Unamortized deferred financing costs $ (46,968) $ (34,386)
Mortgages, notes, and loans payable, net 5,791,296 5,109,828
Senior unsecured notes    
Debt Instrument [Line Items]    
Fixed-rate debt 2,300,000 2,050,000
Secured mortgages payable    
Debt Instrument [Line Items]    
Fixed-rate debt 1,791,695 1,793,561
Variable-rate debt 1,583,396 1,135,359
Special Improvement District bonds    
Debt Instrument [Line Items]    
Fixed-rate debt 78,173 80,294
Secured Bridgeland Notes    
Debt Instrument [Line Items]    
Variable-rate debt $ 85,000 $ 85,000