Investments in Partially Owned Entities (Tables) |
6 Months Ended | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Jun. 30, 2026 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Investments In Partially Owned Entities [Abstract] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Summary of Company's Consolidated Joint Ventures | The following table summarizes the Company’s consolidated joint ventures as of June 30, 2026:
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| Summary of Consolidated Assets and Liabilities Related to the Company's VIEs | The following table provides consolidated assets and liabilities related to the Company's VIEs as of June 30, 2026 and December 31, 2025 (amounts in thousands):
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| Summary of Company's Investment in Unconsolidated Entities | The following table summarizes the Company’s investments in unconsolidated entities as of June 30, 2026 and December 31, 2025 (amounts in thousands except for ownership percentage):
(1)
In certain instances, the joint venture agreements contain provisions for promoted interests in favor of our joint venture partner. If the terms of the promoted interest are attained, then our share of the proceeds from a sale or other capital event of the unconsolidated entity may be less than the indicated ownership percentage. |
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| Summary of Company's Unconsolidated Real Estate Joint Ventures Deemed to be VIEs | The following table summarizes the Company’s unconsolidated real estate joint ventures that were deemed to be VIEs as of June 30, 2026:
(1) Represents entities that hold various real estate investments. (2) Represents separate unconsolidated joint ventures for the purpose of developing multifamily rental properties. (3)
Represents the intended number of apartment units to be developed. |
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