v3.26.1
Stockholders' Equity (Tables)
12 Months Ended
Dec. 31, 2025
Equity [Abstract]  
Summary of Class I OP Units and Class T OP Units Issued and Outstanding

The following table summarizes the number of Class I OP Units and Class T OP Units issued and outstanding to third-party investors:

 

 

For the Year Ended December 31,

 

 

 

2025

 

 

2024

 

Balance at the beginning of the year

 

 

2,134,758

 

 

 

 

  Issuance of Class I OP Units

 

 

898,760

 

 

 

1,572,425

 

  Issuance of Class T OP Units

 

 

 

 

 

562,333

 

Balance at the end of period

 

 

3,033,518

 

 

 

2,134,758