v3.25.4
Investments in Real Estate, Net (Details) - USD ($)
$ in Thousands
Dec. 31, 2025
May 20, 2025
Real Estate [Abstract]    
Buildings, infrastructure, and building improvements $ 2,864,688  
Land and land improvements 289,892  
Customer improvements 43,818  
Furniture, fixtures, and equipment 2,612  
Construction in process 74,302  
Total 3,275,312  
Accumulated depreciation (10,004)  
Investments in real estate, net $ 3,265,308 $ 0