v3.25.4
Segment Reporting - Schedule of Total Assets and Financial Results by Segment (Details) - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Segment Reporting Information [Line Items]      
Total Assets [1] $ 2,081,151 $ 1,257,604  
Revenues      
Total revenues 37,003 21,657 $ 6,912
Segment Expenses      
Total segment expenses (8,527) (4,960) (834)
Income from investments in real estate debt 91,406 62,094 17,490
Segment net operating income 119,882 78,791 23,568
Other income and expenses      
Other income 3,900 5,558 6,241
Interest expense, net (20,083) (10,372) (554)
Depreciation and amortization (16,594) (8,996) (2,544)
General and administrative (7,054) (6,197) (5,380)
Management fee (12,212) (7,832) (3,440)
Performance participation allocation (389) (443) (562)
Total other income and expenses (52,432) (28,282) (6,239)
Net income 67,450 50,509 17,329
Net income attributable to non-controlling interests in the Operating Partnership 6,166 6,928 4,570
Net income attributable to preferred stockholders 15 14 0
Net income attributable to ARIS stockholders 61,269 43,567 12,759
Rental Property      
Revenues      
Total revenues 37,003 21,657 6,912
Segment Expenses      
Total segment expenses (8,527) (4,960) (834)
Operating Segments | Real Estate      
Segment Reporting Information [Line Items]      
Total Assets 756,943 282,996  
Revenues      
Total revenues 37,003 21,657 6,912
Segment Expenses      
Total segment expenses (8,527) (4,960) (834)
Segment net operating income 28,476 16,697 6,078
Other income and expenses      
Depreciation and amortization (16,594) (8,996) (2,544)
Total other income and expenses (16,594) (8,996) (2,544)
Operating Segments | Real Estate | Rental Property      
Revenues      
Total revenues 37,003 21,657 6,912
Segment Expenses      
Total segment expenses (8,527) (4,960) (834)
Operating Segments | Real Estate Debt      
Segment Reporting Information [Line Items]      
Total Assets 1,262,813 892,203  
Segment Expenses      
Income from investments in real estate debt 91,406 62,094 17,490
Segment net operating income 91,406 62,094 17,490
Other Corporate      
Segment Reporting Information [Line Items]      
Total Assets 61,395 82,405  
Other income and expenses      
Other income 3,900 5,558 6,241
Interest expense, net (20,083) (10,372) (554)
General and administrative 0 (6,197) (5,380)
Management fee 0 (7,832) (3,440)
Performance participation allocation 0 (443) (562)
Total other income and expenses $ (16,183) $ (19,286) $ (3,695)
[1] Represents the consolidated assets and liabilities of ARIS Operating Partnership L.P., a Delaware limited partnership (the "Operating Partnership"). The Operating Partnership is a consolidated variable interest entity ("VIE"), of which the Company is the sole general partner and owns approximately 92% and 89% as of December 31, 2025 and December 31, 2024, respectively. See "Note 2 - Summary of Significant Accounting Policies" for additional information.