v3.25.2
Related and Affiliated Party Transactions - Additional Information (Details)
3 Months Ended 6 Months Ended
Jun. 17, 2025
May 07, 2025
Property
Apr. 14, 2025
Apr. 04, 2025
Property
Jun. 30, 2025
USD ($)
shares
Jun. 30, 2025
USD ($)
shares
Related Party Transaction [Line Items]            
Number of properties acquired | Property   1   4    
Percentage of acquisition fee           1.00%
Property acquisition fees income           $ 400,000
Offering costs         $ 200,000 300,000
Net commissions included in offering costs         500,000 1,000,000
Investment owned         $ 2,000,000 $ 2,000,000
Investment owned, shares | shares         77,308 77,308
Percentage of holders of OP units, one           100.00%
Percentage of equal to cumulative non-compounding annual return           7.00%
Percentage of holders of OP units, two           100.00%
Percentage of holders of OP units, three           80.00%
Percentage of special limited partner           20.00%
Performance participation earned or paid         $ 0 $ 0
Percentage of asset management fee is equal to Trust's assets           0.15%
Percentage of asset management fee is payable quarterly           0.0375%
Asset management agreement, initial term           5 years
Asset management agreement, renew term, description           The asset management agreement had an initial term of five years and was automatically renewed at the expiration of the initial term. This agreement will automatically renew at any subsequent five-year term for an additional five-year term.
Asset management agreement, renew term           5 years
Percentage of property management fee is equal to gross revenues           1.10%
Property management agreement expires date           Feb. 29, 2028
Property management agreement, renew term           3 years
Property management agreement, renew term, description           The current term of the property management agreement expires on February 29, 2028, and will automatically renew at the expiration of the term and any subsequent three-year term for an additional three-year term.
Guaranty            
Related Party Transaction [Line Items]            
Guaranties full term of master leases 20 years   20 years      
Guaranty Earned Amount         17,500 $ 22,500
Noncontingent guarantie receivable         1,300,000 $ 1,300,000
Percentage rate of disposition fee earned by exchangeright           50.00%
Quarterly payments received           $ 2,500
Maximum | Guaranty            
Related Party Transaction [Line Items]            
Guaranties full term of master leases           20 years
Minimum | Guaranty            
Related Party Transaction [Line Items]            
Guaranties full term of master leases           15 years
Lease agreements | Guaranty            
Related Party Transaction [Line Items]            
Maximum remaining contractual payments         $ 278,300,000 $ 278,300,000
Class I, A,S, ER-I, ER-A, ER-S and ER-D Common Stock            
Related Party Transaction [Line Items]            
Percentage of sponsor earns equal to net transaction price of sales         1.00% 1.00%
Class I Common Shares            
Related Party Transaction [Line Items]            
Investment owned, shares | shares         600,000 600,000
Distributions payable | shares           600,000