v3.25.4
Intangibles - Summary of Gross Carrying Amount and Accumulated Amortization (Details) - USD ($)
$ in Thousands
Dec. 31, 2025
Dec. 31, 2024
Finite-Lived Intangible Assets [Line Items]    
Intangible assets gross $ 75,272 $ 37,651
Total real estate intangible assets, net 63,564 32,841
Intangible liabilities gross (25,638) (10,855)
Total real estate intangible liabilities, net (23,421) (9,841)
In-Place Lease Intangibles    
Finite-Lived Intangible Assets [Line Items]    
Intangible assets gross 72,857 36,313
Accumulated amortization (11,369) (4,672)
Total real estate intangible assets, net 61,488  
Above-Market Intangibles    
Finite-Lived Intangible Assets [Line Items]    
Intangible assets gross 2,415 1,338
Accumulated amortization (339) (138)
Total real estate intangible assets, net 2,076  
Below-Market Lease Intangibles    
Finite-Lived Intangible Assets [Line Items]    
Total real estate intangible assets, net (23,421)  
Intangible liabilities gross (25,638) (10,855)
Accumulated amortization $ 2,217 $ 1,014