v3.25.2
RELATED-PARTY TRANSACTIONS AND ARRANGEMENTS - Fees (Details) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Dec. 31, 2024
RELATED-PARTY TRANSACTIONS AND ARRANGEMENTS          
Cost incurred $ 984,568 $ 2,436,115 $ 2,478,403 $ 4,295,861  
Fees payable 1,713,243   $ 1,713,243   $ 704,516
Related party | Offering Costs          
RELATED-PARTY TRANSACTIONS AND ARRANGEMENTS          
Threshold aggregate gross offering proceeds, percentage     15.00%    
Offering expenses accumulated $ 9,866,843   $ 9,866,843   $ 8,392,106
Related party | Asset management fees          
RELATED-PARTY TRANSACTIONS AND ARRANGEMENTS          
Management fees, percentage of aggregate purchase price     1.25%    
Management fees, percentage of NAV     1.25%    
Related party | Asset management fees | SWIF OP          
RELATED-PARTY TRANSACTIONS AND ARRANGEMENTS          
Management fees, percentage of NAV     0.75%    
Related party | Operating expense reimbursement and other payables          
RELATED-PARTY TRANSACTIONS AND ARRANGEMENTS          
Cost incurred     $ 0 $ 0  
Maximum reimbursement period     4 years