v3.25.4
Schedule III - Real Estate and Accumulated Depreciation (Details)
$ in Thousands
9 Months Ended
Dec. 31, 2025
USD ($)
property
Gross Amounts Carried at the Close of Period  
Accumulated Depreciation $ (10,004)
Aggregate cost basis of real estate owned 1,991,494
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate [Roll Forward]  
Balance at Inception 0
Balance at the end of the period 3,275,312
Accumulated Depreciation:  
Balance at Inception 0
Accumulated depreciation (10,004)
Balance at the end of the period $ 10,004
Data Center Properties  
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate, Write-down or Reserve [Line Items]  
Number of Properties | property 11
Initial Cost  
Land and Land Improvements $ 289,892
Buildings and Improvements 2,980,799
Costs Capitalized Subsequent to Acquisition  
Land and Land Improvements 0
Buildings and Improvements 5,619
Gross Amounts Carried at the Close of Period  
Land and Land Improvements 289,892
Buildings and Improvements 2,986,418
Accumulated Depreciation (10,004)
Accumulated Depreciation:  
Balance at the end of the period $ 10,004
Data Center Properties | Atlanta, GA  
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate, Write-down or Reserve [Line Items]  
Number of Properties | property 1
Initial Cost  
Land and Land Improvements $ 6,936
Buildings and Improvements 128,233
Costs Capitalized Subsequent to Acquisition  
Land and Land Improvements 0
Buildings and Improvements 0
Gross Amounts Carried at the Close of Period  
Land and Land Improvements 6,936
Buildings and Improvements 128,233
Accumulated Depreciation (592)
Accumulated Depreciation:  
Balance at the end of the period $ 592
Data Center Properties | Elk Grove Village, IL  
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate, Write-down or Reserve [Line Items]  
Number of Properties | property 1
Initial Cost  
Land and Land Improvements $ 31,734
Buildings and Improvements 209,423
Costs Capitalized Subsequent to Acquisition  
Land and Land Improvements 0
Buildings and Improvements 5,025
Gross Amounts Carried at the Close of Period  
Land and Land Improvements 31,734
Buildings and Improvements 214,448
Accumulated Depreciation (528)
Accumulated Depreciation:  
Balance at the end of the period $ 528
Data Center Properties | Elk Grove Village, IL  
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate, Write-down or Reserve [Line Items]  
Number of Properties | property 1
Initial Cost  
Land and Land Improvements $ 26,111
Buildings and Improvements 407,187
Costs Capitalized Subsequent to Acquisition  
Land and Land Improvements 0
Buildings and Improvements (530)
Gross Amounts Carried at the Close of Period  
Land and Land Improvements 26,111
Buildings and Improvements 406,657
Accumulated Depreciation (1,374)
Accumulated Depreciation:  
Balance at the end of the period $ 1,374
Data Center Properties | Plano, TX  
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate, Write-down or Reserve [Line Items]  
Number of Properties | property 1
Initial Cost  
Land and Land Improvements $ 19,506
Buildings and Improvements 358,372
Costs Capitalized Subsequent to Acquisition  
Land and Land Improvements 0
Buildings and Improvements 161
Gross Amounts Carried at the Close of Period  
Land and Land Improvements 19,506
Buildings and Improvements 358,533
Accumulated Depreciation (1,405)
Accumulated Depreciation:  
Balance at the end of the period $ 1,405
Data Center Properties | Dallas, TX  
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate, Write-down or Reserve [Line Items]  
Number of Properties | property 1
Initial Cost  
Land and Land Improvements $ 8,793
Buildings and Improvements 103,435
Costs Capitalized Subsequent to Acquisition  
Land and Land Improvements 0
Buildings and Improvements 19
Gross Amounts Carried at the Close of Period  
Land and Land Improvements 8,793
Buildings and Improvements 103,454
Accumulated Depreciation (349)
Accumulated Depreciation:  
Balance at the end of the period $ 349
Data Center Properties | New Albany, OH  
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate, Write-down or Reserve [Line Items]  
Number of Properties | property 1
Initial Cost  
Land and Land Improvements $ 16,676
Buildings and Improvements 53,419
Costs Capitalized Subsequent to Acquisition  
Land and Land Improvements 0
Buildings and Improvements 210
Gross Amounts Carried at the Close of Period  
Land and Land Improvements 16,676
Buildings and Improvements 53,629
Accumulated Depreciation (294)
Accumulated Depreciation:  
Balance at the end of the period $ 294
Data Center Properties | Sterling, VA  
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate, Write-down or Reserve [Line Items]  
Number of Properties | property 1
Initial Cost  
Land and Land Improvements $ 91,007
Buildings and Improvements 321,626
Costs Capitalized Subsequent to Acquisition  
Land and Land Improvements 0
Buildings and Improvements 92
Gross Amounts Carried at the Close of Period  
Land and Land Improvements 91,007
Buildings and Improvements 321,718
Accumulated Depreciation (988)
Accumulated Depreciation:  
Balance at the end of the period $ 988
Data Center Properties | Hillsboro, OR  
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate, Write-down or Reserve [Line Items]  
Number of Properties | property 1
Initial Cost  
Land and Land Improvements $ 10,123
Buildings and Improvements 100,101
Costs Capitalized Subsequent to Acquisition  
Land and Land Improvements 0
Buildings and Improvements 12
Gross Amounts Carried at the Close of Period  
Land and Land Improvements 10,123
Buildings and Improvements 100,113
Accumulated Depreciation (366)
Accumulated Depreciation:  
Balance at the end of the period $ 366
Data Center Properties | Hillsboro, OR  
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate, Write-down or Reserve [Line Items]  
Number of Properties | property 1
Initial Cost  
Land and Land Improvements $ 20,910
Buildings and Improvements 471,082
Costs Capitalized Subsequent to Acquisition  
Land and Land Improvements 0
Buildings and Improvements 377
Gross Amounts Carried at the Close of Period  
Land and Land Improvements 20,910
Buildings and Improvements 471,459
Accumulated Depreciation (1,521)
Accumulated Depreciation:  
Balance at the end of the period $ 1,521
Data Center Properties | San Jose, CA  
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate, Write-down or Reserve [Line Items]  
Number of Properties | property 1
Initial Cost  
Land and Land Improvements $ 21,181
Buildings and Improvements 137,713
Costs Capitalized Subsequent to Acquisition  
Land and Land Improvements 0
Buildings and Improvements 251
Gross Amounts Carried at the Close of Period  
Land and Land Improvements 21,181
Buildings and Improvements 137,964
Accumulated Depreciation (627)
Accumulated Depreciation:  
Balance at the end of the period $ 627
Data Center Properties | San Jose, CA  
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate, Write-down or Reserve [Line Items]  
Number of Properties | property 1
Initial Cost  
Land and Land Improvements $ 36,915
Buildings and Improvements 690,208
Costs Capitalized Subsequent to Acquisition  
Land and Land Improvements 0
Buildings and Improvements 2
Gross Amounts Carried at the Close of Period  
Land and Land Improvements 36,915
Buildings and Improvements 690,210
Accumulated Depreciation (1,960)
Accumulated Depreciation:  
Balance at the end of the period 1,960
Land and land improvements  
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate [Roll Forward]  
Additions during period: 289,892
Buildings, infrastructure, and building improvements  
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate [Roll Forward]  
Additions during period: 2,911,118
Construction in process  
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate [Roll Forward]  
Additions during period: $ 74,302