Summary of Significant Accounting Policies - Narrative (Details) |
5 Months Ended | 7 Months Ended | 12 Months Ended | ||||
---|---|---|---|---|---|---|---|
Dec. 31, 2022
USD ($)
multifamily_apartment_unit
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Jul. 19, 2022
USD ($)
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Dec. 31, 2022
USD ($)
multifamily_apartment_unit
segment
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Dec. 31, 2021
USD ($)
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Dec. 31, 2020
USD ($)
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Variable Interest Entity [Line Items] | |||||||
Merger costs | $ 33,255,000 | $ 100,952,000 | $ 0 | $ 0 | |||
Total Assets | [1] | 6,005,062,000 | $ 6,005,062,000 | 2,123,222,000 | |||
Total liabilities | [1] | 4,170,510,000 | $ 4,170,510,000 | 129,151,000 | |||
Total revenue | 174,225,000 | 246,175,000 | 439,154,000 | 415,635,000 | |||
Total expenses | 306,261,000 | 245,436,000 | 243,754,000 | 236,877,000 | |||
Nonoperating income (expense) | (42,954,000) | 158,451,000 | 361,232,000 | 27,947,000 | |||
Impairment of real estate | $ 0 | $ 0 | 0 | 0 | |||
Number of reportable segments | segment | 1 | ||||||
Number of units in real estate property | multifamily_apartment_unit | 411 | 411 | |||||
Reclassification, Other | |||||||
Variable Interest Entity [Line Items] | |||||||
Total Assets | 0 | 0 | |||||
Total liabilities | 0 | 0 | |||||
Total revenue | (451,000) | (12,000) | |||||
Total expenses | (315,000) | (524,000) | |||||
Nonoperating income (expense) | (3,467,000) | $ (512,000) | |||||
Variable Interest Entity, Primary Beneficiary | |||||||
Variable Interest Entity [Line Items] | |||||||
Total Assets | $ 162,695,000 | $ 162,695,000 | 76,206,000 | ||||
Total liabilities | $ 119,139,000 | $ 119,139,000 | $ 7,421,000 | ||||
Company % Interest | 98.20% | 98.20% | |||||
Affiliated Entity | JV Partner | |||||||
Variable Interest Entity [Line Items] | |||||||
Company % Interest | 1.80% | ||||||
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X | ||||||||||
- Definition Sum of the carrying amounts as of the balance sheet date of all assets that are recognized. Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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X | ||||||||||
- Definition This element represents acquisition-related costs incurred to effect a business combination which costs have been expensed during the period. Such costs include finder's fees; advisory, legal, accounting, valuation, and other professional or consulting fees; general administrative costs, including the costs of maintaining an internal acquisitions department; and may include costs of registering and issuing debt and equity securities. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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X | ||||||||||
- Definition The charge against earnings in the period to reduce the carrying amount of real property to fair value. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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X | ||||||||||
- Definition Sum of the carrying amounts as of the balance sheet date of all liabilities that are recognized. Liabilities are probable future sacrifices of economic benefits arising from present obligations of an entity to transfer assets or provide services to other entities in the future. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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X | ||||||||||
- Definition The aggregate amount of income or expense from ancillary business-related activities (that is to say, excluding major activities considered part of the normal operations of the business). Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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X | ||||||||||
- Definition Number of segments reported by the entity. A reportable segment is a component of an entity for which there is an accounting requirement to report separate financial information on that component in the entity's financial statements. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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X | ||||||||||
- Definition The number of units in a real estate property owned as of the balance sheet date. No definition available.
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X | ||||||||||
- Definition Generally recurring costs associated with normal operations except for the portion of these expenses which can be clearly related to production and included in cost of sales or services. Includes selling, general and administrative expense. No definition available.
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X | ||||||||||
- Definition Amount of revenue recognized from goods sold, services rendered, insurance premiums, or other activities that constitute an earning process. Includes, but is not limited to, investment and interest income before deduction of interest expense when recognized as a component of revenue, and sales and trading gain (loss). Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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X | ||||||||||
- 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. No definition available.
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X | ||||||||||
- Definition Percentage of the Variable Interest Entity's (VIE) voting interest owned by (or beneficial interest in) the reporting entity (directly or indirectly). Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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