Investments in Real Estate - Schedule of Real Estate Properties Under Construction (Details) $ in Thousands |
3 Months Ended | |
|---|---|---|
|
Mar. 31, 2025
USD ($)
ft²
building
|
Dec. 31, 2024
USD ($)
|
|
| Real Estate [Line Items] | ||
| Estimated Sq. Ft. | ft² | 252,351 | |
| Estimated Project Cost | $ 16,159 | |
| GAAP Investment Balance as of period end | 17,500 | $ 5,947 |
| Amount Funded as of period end | $ 7,036 | |
| Richmond, VA | Richmond | Redevelopment Project | ||
| Real Estate [Line Items] | ||
| Project (% owned) | 100.00% | |
| # of Buildings | building | 1 | |
| Estimated Sq. Ft. | ft² | 252,351 | |
| Estimated Project Cost | $ 4,700 | |
| GAAP Investment Balance as of period end | $ 11,119 | |
| Number of buildings | building | 4 | |
| Phoenix, AZ | Reems & Olive | Land Infrastructure Improvements | ||
| Real Estate [Line Items] | ||
| Project (% owned) | 95.50% | |
| Estimated Project Cost | $ 11,459 | |
| GAAP Investment Balance as of period end | 6,381 | |
| Amount Funded as of period end | $ 7,036 |