Segment Disclosures - Schedule of Segment Expenses and Net Income (Loss) (Details) - USD ($) $ in Thousands |
3 Months Ended | 6 Months Ended | 12 Months Ended | |||||
|---|---|---|---|---|---|---|---|---|
Jun. 30, 2026 |
Mar. 31, 2026 |
Jun. 30, 2025 |
Dec. 31, 2024 |
Jun. 30, 2026 |
Jun. 30, 2025 |
Dec. 31, 2025 |
Dec. 31, 2024 |
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| Segment Reporting [Line Items] | ||||||||
| Resident fees and services | $ 216,456 | $ 148,855 | $ 416,801 | $ 297,782 | $ 603,989 | $ 568,475 | ||
| Depreciation and amortization | (56,473) | (31,191) | (107,871) | (63,990) | (126,356) | (137,186) | ||
| General and administrative | (10,549) | (11,921) | ||||||
| Interest expense | (350) | (949) | (701) | (1,897) | (3,797) | (3,942) | ||
| Transaction costs | (4,278) | $ (16,000) | 0 | (22,788) | 0 | (1,607) | ||
| Gain (loss) on sales of real estate, net | 3,884 | 0 | $ (16,000) | 3,884 | 0 | |||
| Gain (loss) upon change of control, net | 0 | 0 | 46,270 | 0 | ||||
| Gain (loss) on debt extinguishments | 0 | 0 | (403) | 0 | ||||
| Other income (expense), net | 16,465 | (4,029) | 17,281 | (6,409) | 863 | (32,417) | ||
| Income tax benefit (expense) | 1,746 | (2,096) | 624 | (4,687) | (11,339) | 11,490 | ||
| Equity income (loss) from unconsolidated joint venture | 119 | 4,649 | ||||||
| Net income (loss) | 14,858 | (2,570) | 42,732 | (4,680) | $ 6,349 | $ (50,463) | ||
| Nonrelated Party | ||||||||
| Segment Reporting [Line Items] | ||||||||
| General and administrative | (1,334) | (2,382) | (4,292) | (5,514) | ||||
| Related Party Management Fee | ||||||||
| Segment Reporting [Line Items] | ||||||||
| General and administrative | (2,472) | 0 | (2,800) | 0 | ||||
| Reportable Segment | ||||||||
| Segment Reporting [Line Items] | ||||||||
| Resident fees and services | 216,456 | 148,855 | 416,801 | 297,782 | ||||
| Compensation and property management | (100,605) | (72,083) | (191,613) | (142,465) | ||||
| Food | (9,870) | (6,782) | (18,568) | (13,225) | ||||
| Real estate taxes | (6,566) | (4,324) | (13,046) | (8,832) | ||||
| Repairs and maintenance | (7,719) | (4,873) | (14,371) | (9,719) | ||||
| Utilities | (8,701) | (5,719) | (16,846) | (11,382) | ||||
| Other segment items | (25,325) | (18,006) | (48,940) | (36,802) | ||||
| Depreciation and amortization | (56,473) | (31,191) | (107,871) | (63,990) | ||||
| Interest expense | (350) | (949) | (701) | (1,897) | ||||
| Transaction costs | (4,278) | 0 | (22,788) | 0 | ||||
| Gain (loss) on sales of real estate, net | 3,884 | 0 | 3,884 | 0 | ||||
| Gain (loss) upon change of control, net | 0 | 0 | 46,270 | 0 | ||||
| Gain (loss) on debt extinguishments | 0 | 0 | (403) | 0 | ||||
| Other income (expense), net | 16,465 | (4,029) | 17,281 | (6,409) | ||||
| Income tax benefit (expense) | 1,746 | (2,096) | 624 | (4,687) | ||||
| Equity income (loss) from unconsolidated joint venture | 0 | 1,009 | 111 | 2,460 | ||||
| Net income (loss) | 14,858 | (2,570) | 42,732 | (4,680) | ||||
| Reportable Segment | Nonrelated Party | ||||||||
| Segment Reporting [Line Items] | ||||||||
| General and administrative | (1,334) | (2,382) | (4,292) | (5,514) | ||||
| Reportable Segment | Related Party Management Fee | ||||||||
| Segment Reporting [Line Items] | ||||||||
| General and administrative | $ (2,472) | $ 0 | $ (2,800) | $ 0 | ||||
| X | ||||||||||
- Definition Compensation And Property Management No definition available.
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- Definition Food Expense No definition available.
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- Definition Repairs And Maintenance No definition available.
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- Definition Utilities Expense No definition available.
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| X | ||||||||||
- Definition Amount of expense for acquisition-related cost incurred to effect business combination. Includes, but is not limited to, finder's fee; advisory, legal, accounting, valuation, and other professional and consulting fees; and general administrative cost, including cost of maintaining internal acquisition department. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Amount of gain from remeasurement of acquisition-date fair value of equity interest in acquiree held by acquirer immediately before acquisition date in business combination achieved in stages. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition The current period expense charged against earnings on long-lived, physical assets not used in production, and which are not intended for resale, to allocate or recognize the cost of such assets over their useful lives; or to record the reduction in book value of an intangible asset over the benefit period of such asset; or to reflect consumption during the period of an asset that is not used in production. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Difference between the fair value of payments made and the carrying amount of debt which is extinguished prior to maturity. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The net gain (loss) resulting from sales and other disposals of real estate owned for investment purposes. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition The aggregate total of expenses of managing and administering the affairs of an entity, including affiliates of the reporting entity, which are not directly or indirectly associated with the manufacture, sale or creation of a product or product line. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of income (loss) for proportionate share of equity method investee's income (loss). Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of interest expense classified as operating. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of income (expense) related to nonoperating activities, classified as other. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition The consolidated profit or loss for the period, net of income taxes, including the portion attributable to the noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition A tax based on the assessed value of real estate by the local government. The tax is usually based on the value of property (including the land). Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount, excluding tax collected from customer, of revenue from satisfaction of performance obligation by transferring promised good or service to customer. Tax collected from customer is tax assessed by governmental authority that is both imposed on and concurrent with specific revenue-producing transaction, including, but not limited to, sales, use, value added and excise. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of other expense (income) and loss (gain) calculated as difference between segment revenue and separately disclosed expense category to arrive at segment profit (loss). Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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