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Schedule III - Real Estate and Accumulated Depreciation - Summary of Activity for Real Estate and Accumulated Depreciation (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate [Roll Forward]    
Balance at the beginning of the year $ 251,442 $ 156,120
Balance at the end of the year 695,829 251,442
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate, Accumulated Depreciation [Roll Forward]    
Balance at the beginning of the year (6,801) (1,607)
Depreciation expense (9,463) (5,194)
Balance at the end of the year (16,264) [1] (6,801)
Land and Land Improvements    
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate [Roll Forward]    
Additions during the year 69,134 6,537
Building and Building Improvements    
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate [Roll Forward]    
Additions during the year $ 375,253 $ 88,785
[1] Refer to Note 2 of the Company's consolidated financial statements for details on depreciable lives.