v3.25.2
Related Party Transactions - Additional Information (Details) - USD ($)
$ / shares in Units, $ in Thousands
1 Months Ended 3 Months Ended 6 Months Ended 104 Months Ended
Mar. 11, 2025
Dec. 01, 2022
Dec. 31, 2016
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Dec. 31, 2024
Related Party Transaction [Line Items]                  
Offering costs incurred               $ 28,854  
Due to related party       $ 94,116   $ 94,116   $ 94,116 $ 100,772
Related Party                  
Related Party Transaction [Line Items]                  
Percentage of origination fees of loan amount           1.00%      
Related Party | Maximum                  
Related Party Transaction [Line Items]                  
Public offering       15.00%   15.00%   15.00%  
FS Real Estate Advisor or Rialto | Related Party                  
Related Party Transaction [Line Items]                  
Origination fees       $ 3,147 $ 3,393 $ 6,820 $ 5,763    
FS Real Estate Advisor or Rialto | Related Party | Class I Share Performance-contingent Rights Agreement | Performance-Contingent Rights (PCRs)                  
Related Party Transaction [Line Items]                  
Annualized distribution yield           6.00%      
Agreement period           6 months      
Period of written notice to the company by the adviser entities           10 days      
FS Real Estate Advisor or Rialto | Related Party | Class I Restricted Stock Units Sub Advisory Agreement | Restricted Stock Units (RSUs)                  
Related Party Transaction [Line Items]                  
Agreement period   6 months              
Period of written notice to the company by the adviser entities   10 days              
Award vesting rights, percentage   100.00%              
Award non vesting rights, percentage   100.00%              
Award vesting period 4 years                
FS Real Estate Advisor | Related Party                  
Related Party Transaction [Line Items]                  
Base management fee percentage   1.25%              
Performance fee percentage           10.00%      
Hurdle rate on average adjusted capital           1.625%      
Annualized hurdle rate           6.50%      
Quarterly core earnings rate           1.806%      
Annualized core earnings rate           7.222%      
Performance fee percentage       10.00%   10.00%   10.00%  
Administrative service fee percentage   1.00%       1.00%      
Public offering       0.75%   0.75%   0.75%  
Offering costs previously funded           $ 1,659      
Due to related party       $ 3,592   $ 3,592   $ 3,592  
Stockholder servicing fees percentage       10.00%   10.00%   10.00%  
Investments owned       $ 14,445   $ 14,445   $ 14,445  
FS Real Estate Advisor | Related Party | Expense Limitation                  
Related Party Transaction [Line Items]                  
Percentage of minimum operating expenses to be waived or paid           1.50%      
FS Real Estate Advisor | Related Party | Maximum | Expense Limitation                  
Related Party Transaction [Line Items]                  
Period for which reimbursement payable           3 years      
FS Real Estate Advisor | Related Party | Common Stock Class D                  
Related Party Transaction [Line Items]                  
Stockholders servicing fee percentage on aggregate NAV of outstanding shares           0.30%      
Stockholder servicing fees percentage       1.25%   1.25%   1.25%  
FS Real Estate Advisor | Related Party | Common Stock Class M                  
Related Party Transaction [Line Items]                  
Stockholders servicing fee percentage on aggregate NAV of outstanding shares           0.30%      
Stockholder servicing fees percentage       7.25%   7.25%   7.25%  
FS Real Estate Advisor | Related Party | Common Stock Class S                  
Related Party Transaction [Line Items]                  
Dealer manager upfront selling commissions fees percentage           3.50%      
Stockholders servicing fee percentage on aggregate NAV of outstanding shares           0.85%      
Stockholder servicing fees percentage       8.75%   8.75%   8.75%  
FS Real Estate Advisor | Related Party | Common Stock Class T                  
Related Party Transaction [Line Items]                  
Dealer manager upfront selling commissions fees percentage           3.00%      
Upfront dealer manager fees percentage           0.50%      
Selling commission and fee maximum percent           3.50%      
Stockholders servicing fee percentage on aggregate NAV of outstanding shares           0.85%      
Advisor stockholders servicing fee percentage on aggregate NAV of outstanding shares           0.65%      
Dealer stockholders servicing fee percentage on aggregate NAV of outstanding shares           0.20%      
Stockholder servicing fees percentage       8.75%   8.75%   8.75%  
Rialto | Related Party                  
Related Party Transaction [Line Items]                  
Valuation fee, per valuation           $ 1      
Investments owned       $ 454   454   $ 454  
FS Investment Solutions | Related Party                  
Related Party Transaction [Line Items]                  
Due to related party       $ 94,116   $ 94,116   $ 94,116 $ 100,772
Principals of FS Investments | Related Party | Private Placement                  
Related Party Transaction [Line Items]                  
Aggregate proceeds from private placement     $ 200            
Issuance of common stock (in shares)     8,000            
Common stock, price per share (in dollars per share)     $ 25.00