v3.26.1
Schedule III - Real Estate and Accumulated Depreciation (Parenthetical) (Details)
$ in Thousands
 12 Months Ended
Dec. 31, 2025
USD ($)
Property
Dec. 31, 2024
USD ($)
Dec. 31, 2023
USD ($)
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]      
Aggregate cost for federal tax purposes | $ $ 1,200,000    
Real estate asset at carrying value | $ 1,189,522 [1] $ 374,981 $ 277,945
Real estate asset, accumulated depreciation | $ $ 36,901 [1] $ 13,074 $ 5,390
Number of Properties 60    
Industrial Property      
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]      
Real estate asset at carrying value | $ [1],[2] $ 392,341    
Real estate asset, accumulated depreciation | $ [1],[2] $ 11,917    
Number of Properties [2] 40    
Retail      
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]      
Real estate asset at carrying value | $ [1] $ 100,968    
Real estate asset, accumulated depreciation | $ [1] $ 1,657    
Number of Properties 3    
Stablewood | Retail      
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]      
Number of Properties 4    
Furniture, Fixtures and Equipment      
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]      
Real estate asset at carrying value | $ $ 8,400    
Real estate asset, accumulated depreciation | $ $ 1,300    
Illinois | Industrial outdoor storage portfolio | Industrial Property      
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]      
Number of Properties 5    
New Jersey | Industrial outdoor storage portfolio | Industrial Property      
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]      
Number of Properties 3    
Pennsylvania | Industrial outdoor storage portfolio | Industrial Property      
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]      
Number of Properties 2    
New York, NY | Industrial outdoor storage portfolio | Industrial Property      
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]      
Number of Properties 2    
Wisconsin | Industrial outdoor storage portfolio | Industrial Property      
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]      
Number of Properties 2    
California | Industrial outdoor storage portfolio | Industrial Property      
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]      
Number of Properties 1    
Connecticut | Industrial outdoor storage portfolio | Industrial Property      
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]      
Number of Properties 1    
Washington | Industrial outdoor storage portfolio | Industrial Property      
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]      
Number of Properties 1    
Norfolk Virginia Metropolitan | Norfolk Industrial Portfolio | Industrial Property      
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]      
Number of Properties 6    
Rockledge, Florida | Norfolk Industrial Portfolio | Industrial Property      
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]      
Number of Properties 1    
Tampa, Florida | PODS | Industrial Property      
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]      
Number of Properties 1    
Pinellas Park, Florida | PODS | Industrial Property      
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]      
Number of Properties 1    
Greenville, SouthCarolina | Stablewood | Retail      
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]      
Number of Properties 1    
Denver, Colorado | Stablewood | Retail      
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]      
Number of Properties 1    
Pensacola, Florida | Stablewood | Retail      
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]      
Number of Properties 1    
Holland, Michigan | Stablewood | Retail      
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]      
Number of Properties 1    
[1] The total included on Schedule III does not include furniture, fixtures and equipment totaling $8.4 million. Accumulated depreciation does not include $1.3 million of accumulated depreciation related to furniture, fixtures and equipment.
[2] The aggregate cost for federal income tax purposes as of December 31, 2025 was approximately $1.2 billion.