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Amount of expense for investment management fee, including, but not limited to, expense in connection with research, selection, supervision, and custody of investment.

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The number of real estate properties owned as of the balance sheet date.

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Payments to develop real estate assets is the process of adding improvements on or to a parcel of land. Such improvements may include drainage, utilities, subdividing, access, buildings, and any combination of these elements; and are generally classified as cash flow from investing activities.

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Investments in Unconsolidated Entities - Narrative (Details) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2026 USD ($) property	Jun. 30, 2025 USD ($)	Jun. 30, 2026 USD ($) property	Jun. 30, 2025 USD ($)	Dec. 31, 2025 USD ($)
Schedule of Equity Method Investments [Line Items]
Management fees	$ 29,457	$ 21,853	$ 55,334	$ 41,848
Aggregate unamortized basis difference of joint venture investments	179,890		179,890
Investments in unconsolidated entities	2,001,632		2,001,632		$ 1,809,590
Private Funds Management Business
Schedule of Equity Method Investments [Line Items]
Investments in unconsolidated entities	327,725		327,725		$ 185,482
Debt Fund
Schedule of Equity Method Investments [Line Items]
Investments in unconsolidated entities	$ 122,991		$ 122,991
VIE
Schedule of Equity Method Investments [Line Items]
Number of properties \| property	21		21
Loans related to development and construction of certain properties			$ 797,385
Additional fund obligated related to investments			$ 37,883