Summary of Significant Accounting Policies - Schedule of Company's Assets and Liabilities Measured at Fair Value on Recurring Basis Using Level 3 (Details) - Recurring Basis - Level 3 - USD ($) $ in Thousands |
12 Months Ended | |
|---|---|---|
Dec. 31, 2025 |
Dec. 31, 2024 |
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| Mandatorily Redeemable Instruments | ||
| Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] | ||
| Beginning balance | $ 105,325 | $ 101,753 |
| Repurchases | (53,321) | |
| Distributions declared | 3,772 | 4,299 |
| Reclassify to distributions payable/paid | (3,772) | (4,299) |
| Redemption value adjustment | 2,790 | 3,572 |
| Ending balance | 54,794 | 105,325 |
| Investment in Real Estate Debt (Asset) | ||
| Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] | ||
| Beginning balance | 79,310 | 16,825 |
| Additions | 162,200 | 62,400 |
| Repurchases | (16,825) | |
| Fair value adjustments | (85) | 85 |
| Ending balance | $ 224,600 | $ 79,310 |
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- Definition Fair value measurement with unobservable input reconciliation recurring basis liability adjustments No definition available.
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- Definition Fair value measurement with unobservable input reconciliation recurring basis liability reclassify to distributions payable or paid. No definition available.
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- Definition Fair value measurement with unobservable inputs reconciliation recurring basis liability distributions declared. No definition available.
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- Definition Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Repurchases No definition available.
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- Definition Fair value measurement with unobservable inputs reconciliation recurring basis liability unrealized loss included in interest costs. No definition available.
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- Definition Fair value of financial instrument classified as an asset measured using unobservable inputs that reflect the entity's own assumption about the assumptions market participants would use in pricing. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount of sales of financial instrument classified as a liability measured using unobservable inputs that reflect the entity's own assumption about the assumptions market participants would use in pricing. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Fair value of financial instrument classified as a liability measured using unobservable inputs that reflect the entity's own assumption about the assumptions market participants would use in pricing. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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