v3.25.2
Related Party Transactions - Narrative (Details)
$ in Thousands
 1 Months Ended 3 Months Ended 6 Months Ended
Dec. 31, 2024
USD ($)
Jun. 30, 2025
USD ($)
fiscalQuarter
shares
Jun. 30, 2024
USD ($)
Jun. 30, 2025
USD ($)
shares
Jun. 30, 2024
USD ($)
Related Party Transaction [Line Items]          
Other liabilities $ 31,342 $ 37,973   $ 37,973  
Advisory agreement, automatic renewals, term per renewal (in years)       1 year  
Termination fee, average annual management fee, multiplier       3  
Termination fee, term before termination (in months)       24 months  
Adviser          
Related Party Transaction [Line Items]          
Management fees   1,300   $ 2,400  
Accrued management fees   1,300   1,300  
Performance fees   490   1,300  
Accrued performance fees   $ 1,300   $ 1,300  
Subsidiaries | Adviser          
Related Party Transaction [Line Items]          
Organization and offering expenses, reimbursement term (in months) 52 months        
Operating expenses reimbursement, average invested assets (in percent)   2.00%   2.00%  
Operating expenses reimbursement, net income (in percent)   25.00%   25.00%  
Reimbursement period, number of consecutive quarters | fiscalQuarter   4      
Adviser commitment fee, base rate (in percent)       0.50  
Adviser commitment fee, base rate, loan origination (in percent)       0.005  
Management and service fees, base rate (in percent)       1.00%  
Management and service fees, incentive rate (in percent)       10.00%  
Support personnel costs   $ 317 $ 218 $ 919 $ 450
Subsidiaries | Adviser | Class F Common Stock          
Related Party Transaction [Line Items]          
Management and service fees, base rate (in percent)       10.00%  
Management and service fees, incentive rate (in percent)       6.00%  
Performance fee, period to measure performance fee income       2 years  
Subsidiaries | Adviser | Class E Redeemable Common Stock          
Related Party Transaction [Line Items]          
Issuance of redeemable common stock, management fees (in shares) | shares   41,491   70,791  
Issuance of redeemable common stock, performance fees (in shares) | shares   0   81,185  
Affiliated Entity          
Related Party Transaction [Line Items]          
Other liabilities $ 31,342 $ 37,973   $ 37,973  
Affiliated Entity | Advanced organizational, offering and operating expenses          
Related Party Transaction [Line Items]          
Other liabilities $ 14,214 $ 12,542   $ 12,542  
Affiliated Entity | Dealer Manager | Common Class S And Class D          
Related Party Transaction [Line Items]          
Gross proceeds from sale of shares (in percent)       8.75%  
Affiliated Entity | Dealer Manager, Certain Participating Broker Dealers | Common Class S And Class D          
Related Party Transaction [Line Items]          
Gross proceeds from sale of shares (in percent)       7.75%