EQUITY (DEFICIT) (Tables)
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6 Months Ended |
Jun. 30, 2025 |
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| EQUITY (DEFICIT) |
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| Schedule of SWIF II OP units |
| | | | | | | | | Number of SWIF II | | Number of SWIF II | | | Classification | | OP Units Authorized | | OP Units Outstanding | | Par Value | Class A OP Units | | 6,000,000 | | 4,709,994 | | 0.01 | Class AX OP Units | | 3,000,000 | | 1,449,051 | | 0.01 | Class D OP Units | | 100,000,000 | | — | | 0.01 | Class DX OP Units | | 100,000,000 | | — | | 0.01 | Class I OP Units | | 100,000,000 | | 2,168,458 | | 0.01 | Class IX OP Units | | 100,000,000 | | 1,738,483 | | 0.01 | Class S OP Units | | 94,000,000 | | — | | 0.01 | Class T OP Units | | 97,000,000 | | 9,443 | | 0.01 | Class P OP Units | | 1,666,029 | | 1,666,029 | | 0.01 | Class PX OP Units | | 183,853 | | 183,853 | | 0.01 | Total | | 601,849,882 | | 11,925,311 | | |
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| Schedule of cash dividends declared and payable |
| | | | | | | | | | | | | | | Three Months Ended June 30, | | Six Months Ended June 30, | Classification | | 2025 | | 2024 | | 2025 | | 2024 | Class A Common Stock | | $ | 650,214 | | $ | 680,522 | | $ | 1,319,045 | | $ | 1,370,463 | Class AX Common Stock | | | 3,079 | | | 330 | | | 4,173 | | | 1,206 | Class I Common Stock | | | 231,597 | | | 274,666 | | | 471,468 | | | 527,162 | Class IX Common Stock | | | 16,317 | | | 2,311 | | | 17,386 | | | 3,664 | Class T Common Stock | | | 703 | | | — | | | 703 | | | — | Class P OP Units | | | 229,429 | | | 221,583 | | | 458,689 | | | 441,299 | Class PX OP Units | | | 2,429 | | | 532 | | | 5,008 | | | 1,430 | | | | | | | | | | | | | | Total | | $ | 1,133,768 | | | 1,179,944 | | $ | 2,276,472 | | $ | 2,345,224 |
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| Schedule of dividend and distribution reinvestment |
| | | | | | | | | | | | | | | Three Months Ended June 30, | | Six Months Ended June 30, | Classification | | 2025 | | 2024 | | 2025 | | 2024 | Class A Common Stock | | $ | — | | $ | — | | $ | — | | $ | — | Class AX Common Stock | | | 194,233 | | | 192,528 | | | 381,108 | | | 376,235 | Class I Common Stock | | | 30,958 | | | — | | | 30,958 | | | — | Class IX Common Stock | | | 236,294 | | | 253,001 | | | 491,025 | | | 477,095 | Class T Common Stock | | | — | | | — | | | — | | | — | Class P OP Units | | | — | | | — | | | — | | | — | Class PX OP Units | | | 25,074 | | | 31,148 | | | 50,186 | | | 63,478 | | | | | | | | | | | | | | Total | | $ | 486,559 | | | 476,677 | | $ | 953,277 | | $ | 916,808 |
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