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Percentage points added to the reference rate to compute the variable rate on the debt instrument.

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Mortgages, Notes, and Loans Payable, Net - Narrative (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2026	Jun. 30, 2025	Mar. 31, 2025	Feb. 28, 2026	Dec. 31, 2025
Debt Instrument [Line Items]
Other assets, net	$ 241,566				$ 237,194
Derivative, term of contract	5 years
Weighted-average Interest Rate	6.82%				7.15%
Repayments	$ 755,100		$ 11,863
Secured Bridgeland Notes
Debt Instrument [Line Items]
Face amount	600,000
Outstanding borrowings	$ 85,000
Repayments		$ 198,000
Debt instrument, redemption price, percentage	10.00%
Interest rate margin	5.95%
Senior unsecured notes
Debt Instrument [Line Items]
Face amount	$ 2,300,000
Senior unsecured notes \| Senior Unsecured Notes Due 2032
Debt Instrument [Line Items]
Face amount				$ 500,000
Interest rate				5.875%
Senior unsecured notes \| Senior Unsecured Notes Due 2034
Debt Instrument [Line Items]
Face amount				$ 500,000
Interest rate				6.125%
Senior unsecured notes \| Senior Unsecured Notes Due 2028
Debt Instrument [Line Items]
Face amount				$ 750,000
Interest rate				5.375%
Secured mortgages payable
Debt Instrument [Line Items]
Weighted-average Interest Rate	5.84%				5.85%
Other borrowings	$ 369,600
Outstanding borrowings	81,000
Repayments	5,100
Long term debt, undrawn lender commitment	$ 1,100,000
Secured mortgages payable \| Minimum
Debt Instrument [Line Items]
Range of interest rates	3.13%				3.13%
Secured mortgages payable \| Maximum
Debt Instrument [Line Items]
Range of interest rates	8.87%				8.87%
Special Improvement District bonds
Debt Instrument [Line Items]
Special Improvement District bonds transfers to buyers	$ 1,400
Special improvement district bond issued	$ 0
Special Improvement District bonds \| District Bonds With Maturities From 2030 To 2055 \| Minimum \| MPC Segment
Debt Instrument [Line Items]
Range of interest rates	4.13%				4.13%
Special Improvement District bonds \| District Bonds With Maturities From 2030 To 2055 \| Maximum \| MPC Segment
Debt Instrument [Line Items]
Range of interest rates	6.05%				6.50%
Asset Pledged as Collateral with Right
Debt Instrument [Line Items]
Other assets, net	$ 5,300,000