v3.25.2
Loans Payable, net - Summary of Debt (Details)
Jun. 30, 2025
USD ($)
property
Debt Instrument [Line Items]  
Total debt gross $ 146,912,000
Unamortized issuance costs (2,856,000)
Total loans payable, net $ 144,056,000
Contractual interest rates weighted average 5.60%
Number of collateral real estate properties | property 12
Term Loans  
Debt Instrument [Line Items]  
Total debt gross $ 136,912,000
Term Loans | April 2025 Bridge Loan  
Debt Instrument [Line Items]  
Total debt gross $ 10,000,000
Contractual interest rates weighted average 5.60%
Term Loans | Timpany Plaza  
Debt Instrument [Line Items]  
Total debt gross $ 11,471,000
Contractual interest rates weighted average 7.30%
Term Loans | October 2022 Term Loan  
Debt Instrument [Line Items]  
Total debt gross $ 100,441,000
Contractual interest rates weighted average 5.30%
Term Loans | Patuxent Crossing/Coliseum Marketplace  
Debt Instrument [Line Items]  
Total debt gross $ 25,000,000
Contractual interest rates weighted average 6.40%