v3.25.2
Investments in Loans Receivable (Details) - USD ($)
$ in Thousands
Jun. 30, 2025
Dec. 31, 2024
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Interest Rate 8.67%  
Loan Commitment $ 199,264  
Principal Balance Outstanding 146,163 $ 0
Fair Value $ 146,163  
Multifamily | Texas | Origination Date March 26, 2025    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Interest Rate 10.32%  
Loan Commitment $ 23,806  
Principal Balance Outstanding 1,326  
Fair Value $ 1,326  
Multifamily | Texas | Origination Date March 26, 2025, Loan Two    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Interest Rate 19.57%  
Loan Commitment $ 4,596  
Principal Balance Outstanding 255  
Fair Value $ 255  
Multifamily | Texas | Origination Date April 11, 2025    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Interest Rate 7.32%  
Loan Commitment $ 7,500  
Principal Balance Outstanding 7,500  
Fair Value $ 7,500  
Multifamily | Texas | Origination Date April 30, 2025    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Interest Rate 7.12%  
Loan Commitment $ 7,500  
Principal Balance Outstanding 7,500  
Fair Value $ 7,500  
Multifamily | Texas | Origination Date June 30, 2025    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Interest Rate 7.32%  
Loan Commitment $ 10,000  
Principal Balance Outstanding 10,000  
Fair Value $ 10,000  
Multifamily | California | Origination Date May 8, 2025    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Interest Rate 10.82%  
Loan Commitment $ 41,188  
Principal Balance Outstanding 27,599  
Fair Value $ 27,599  
Multifamily | California | Origination Date May 8, 2025, Loan Two    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Interest Rate 14.00%  
Loan Commitment $ 10,196  
Principal Balance Outstanding 0  
Fair Value $ 0  
Multifamily | California | Origination Date May 22, 2025    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Interest Rate 6.97%  
Loan Commitment $ 22,558  
Principal Balance Outstanding 22,558  
Fair Value $ 22,558  
Multifamily | California | Origination Date May 30, 2025    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Interest Rate 10.57%  
Loan Commitment $ 7,500  
Principal Balance Outstanding 6,226  
Fair Value $ 6,226  
Multifamily | North Carolina | Origination Date May 30, 2025    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Interest Rate 7.57%  
Loan Commitment $ 7,500  
Principal Balance Outstanding 6,279  
Fair Value $ 6,279  
Multifamily | North Carolina | Origination Date June 13, 2025    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Interest Rate 7.27%  
Loan Commitment $ 10,000  
Principal Balance Outstanding 10,000  
Fair Value $ 10,000  
Industrial Property | Various | Origination Date April 7, 2025    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Interest Rate 8.37%  
Loan Commitment $ 27,360  
Principal Balance Outstanding 27,360  
Fair Value $ 27,360  
Industrial Property | Various | Origination Date April 7, 2025, Loan Two    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Interest Rate 14.32%  
Loan Commitment $ 4,560  
Principal Balance Outstanding 4,560  
Fair Value $ 4,560  
Hospitality | Florida | Origination Date May 14, 2025    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Interest Rate 8.82%  
Loan Commitment $ 7,500  
Principal Balance Outstanding 7,500  
Fair Value $ 7,500  
Hospitality | South Carolina | Origination Date April 16, 2025    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Interest Rate 8.57%  
Loan Commitment $ 7,500  
Principal Balance Outstanding 7,500  
Fair Value $ 7,500