v3.25.2
Related Party Transactions (Details) - USD ($)
3 Months Ended 6 Months Ended 12 Months Ended
Jul. 07, 2023
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Dec. 31, 2024
May 21, 2025
Related Party Transactions              
Management fees   $ 62,000 $ 62,000 $ 125,000 $ 103,000    
Share-Based Payment Arrangement, Grantee Status [Extensible Enumeration] us-gaap:ShareBasedPaymentArrangementNonemployeeMember            
Advanced operating expenses              
Related Party Transactions              
Due to affiliates, extensible enumeration   Affiliates   Affiliates   Affiliates  
Related party              
Related Party Transactions              
Cash retainer             $ 50,000
Grants 15,000            
Related party | RSU              
Related Party Transactions              
Value of amortized stock units   $ 500,000   $ 500,000      
Affiliates              
Related Party Transactions              
Due to affiliates   $ 10,884,116   $ 10,884,116   $ 11,034,512  
Due to affiliates, extensible enumeration   Affiliates   Affiliates   Affiliates  
Affiliates | Advanced organization and offering costs              
Related Party Transactions              
Due to affiliates   $ 7,028,922   $ 7,028,922   $ 7,261,949  
Affiliates | Advanced operating expenses              
Related Party Transactions              
Due to affiliates   3,625,900   3,625,900   3,622,281  
Affiliates | Accrued performance participation allocation              
Related Party Transactions              
Due to affiliates   434   434   434  
Affiliates | Accrued adviser management fees              
Related Party Transactions              
Due to affiliates   357   $ 357   232  
Adviser              
Related Party Transactions              
Management fee (in percent)       1.25%      
Due to affiliates   $ 228,503   $ 228,503   $ 149,616  
Special Limited Partner              
Related Party Transactions              
Performance participation interest     $ 42,000 $ 0 $ 88,000    
Allocation to be paid on total Annual Return       12.50%      
Annual hurdle amount(in percent)       5.00%      
Dealer Manager              
Related Party Transactions              
Amount of selling commission or management fees paid   0.00%   0.00%   0.00%  
Stockholder servicing fees       $ 0   $ 0  
Dealer Manager | Class T shares, Class S shares and Class D shares              
Related Party Transactions              
Threshold percentage of total selling commissions, dealer manager fees and stockholder servicing fees paid on gross sales of shares for cease of stockholder servicing fee       8.75%      
Threshold percentage of total selling commissions, dealer manager fees and stockholder servicing fees paid on gross sales of shares in primary offering for cease of stockholder servicing fee       10.00%      
Dealer Manager | Class T common stock              
Related Party Transactions              
Maximum selling commissions (in percent)       3.00%      
Manager fee   0.50%   0.50%      
Maximum selling commissions or dealer management fee (in percent)   3.50%   3.50%      
Amount of selling commission or management fees paid   3.50%   3.50%      
Stockholder servicing fee (in percent)       0.85%      
Dealer Manager | Class S common stock              
Related Party Transactions              
Stockholder servicing fee (in percent)       0.85%      
Dealer Manager | Class D common stock              
Related Party Transactions              
Maximum selling commissions (in percent)       1.50%      
Stockholder servicing fee (in percent)       0.25%      
Dealer Manager | Class I common stock              
Related Party Transactions              
Amount of selling commission or management fees paid   0.00%   0.00%      
Chair Person Of Audit Committee              
Related Party Transactions              
Cash retainer             $ 15,000
Grants 1,000