v3.25.1
RELATED PARTY TRANSACTIONS - Schedule of Related Party Costs (Details) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Dec. 31, 2024
Oct. 11, 2024
Related Party Transaction [Line Items]        
Payable as of $ 19,386   $ 19,520  
Asset management fees | Related Party        
Related Party Transaction [Line Items]        
Payable as of     1,600  
Advisor and Dealer Manager        
Related Party Transaction [Line Items]        
Incurred costs (reimbursement) 4,695 $ 5,475    
Advisor and Dealer Manager | Related Party        
Related Party Transaction [Line Items]        
Payable as of 19,386   19,520  
Advisor and Dealer Manager | Asset management fees        
Related Party Transaction [Line Items]        
Incurred costs (reimbursement) 4,584 4,943    
Advisor and Dealer Manager | Asset management fees | Related Party        
Related Party Transaction [Line Items]        
Payable as of 18,830   18,585  
Advisor and Dealer Manager | Reimbursement of operating expenses        
Related Party Transaction [Line Items]        
Incurred costs (reimbursement) 111 118    
Advisor and Dealer Manager | Reimbursement of operating expenses | Related Party        
Related Party Transaction [Line Items]        
Payable as of 56   435  
Advisor and Dealer Manager | Disposition Fees        
Related Party Transaction [Line Items]        
Incurred costs (reimbursement) 0 414    
Advisor and Dealer Manager | Disposition Fees | Related Party        
Related Party Transaction [Line Items]        
Payable as of 500   $ 500 $ 500
Advisor and Dealer Manager | Salaries, benefits and overhead        
Related Party Transaction [Line Items]        
Incurred costs (reimbursement) $ 38 $ 25