v3.26.1
Summary of Significant Accounting Policies - Schedule of Carrying Value and Fair Value of Financial Instruments (Details) - USD ($)
$ in Thousands
Dec. 31, 2025
Dec. 31, 2024
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Financial instruments, Carrying value [1] $ 607,091 $ 171,636
Financial instruments, Fair value [1] 607,831 170,084
Mortgage Notes    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Financial instruments, Carrying value [1] 365,641 124,836
Financial instruments, Fair value [1] 366,381 123,252
Repurchase Facility    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Financial instruments, Carrying value [1] 168,450 46,800
Financial instruments, Fair value [1] 168,450 $ 46,832
Unsecured revolving credit facility    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Financial instruments, Carrying value [1] 73,000  
Financial instruments, Fair value [1] $ 73,000  
[1]

(1) Excludes deferred financing costs and discounts.