Construction reserve allocation
Increase (Decrease) in Restructuring Reserve
Accumulated amortization of intangible lease assets
Finite-Lived Intangible Assets, Accumulated Amortization
Loans receivable with variable rate of interest
Loans Receivable with Variable Rate of Interest, Percentage of Total Loan
Loans Receivable with Variable Rate of Interest, Percentage of Total Loan
Real Estate-Related Securities and Other
Investment, Policy [Policy Text Block]
Santa Ana, CA
Santa Ana, CA [Member]
Santa Ana, CA
Schedule of Securities Available for Sale
Debt Securities, Available-for-Sale [Table Text Block]
Total Adjustment to Basis
Real Estate Assets Total Adjustments To Basis Since Acquisition
Total amount of all adjustments since acquisition (additions and deductions) to the initial basis of land, buildings and improvements for properties acquired by the entity.
Long Beach, CA
Long Beach, CA 1 [Member]
Long Beach, CA 1
Principal payments received on real estate-related securities
Principal payments received on real estate-related securities
Debt Securities, Available For Sale Principal Payments Received
Debt Securities, Available For Sale Principal Payments Received
Award Timing Predetermined
Award Timing Predetermined [Flag]
Minimum interest coverage ratio of EBITDA to interest expense (greater than or equal)
Debt Instrument, Covenant, Minimum Interest Coverage Ratio Of EBITDA To Interest Expense
Debt Instrument, Covenant, Minimum Interest Coverage Ratio Of EBITDA To Interest Expense
Escrow Deposits
Escrow Deposits [Member]
Escrow Deposits [Member]
Percentage carrying value of loan portfolio (less than)
Percentage of Investment Portfolio, Carrying Value
Percentage of Investment Portfolio, Carrying Value
Entity File Number
Entity File Number
Lawton, OK
Lawton, OK 2 [Member]
Lawton, OK 2
Capital in Excess of Par Value
Additional Paid-in Capital [Member]
IPO
IPO [Member]
Changes in redeemable common stock
Temporary Equity, Carrying Amount, Period Increase (Decrease)
Reclassification adjustment for realized loss included in income as other income
Other Comprehensive Income (Loss), Reclassification Adjustment from AOCI for Sale of Securities, Net of Tax
Tabular List, Table
Tabular List [Table Text Block]
Recent Accounting Pronouncements
New Accounting Pronouncements, Policy [Policy Text Block]
Charge-offs of CECL
Charge-offs of CECL
Gross charge-offs
Financing Receivable, Allowance for Credit Loss, Writeoff
Schedule of Related Party Transactions
Schedule of Related Party Transactions [Table Text Block]
El Cajon, CA
El Cajon, CA 2 [Member]
El Cajon, CA 2
Teradata:
Teradata [Member]
Teradata
Secured Overnight Financing Rate (SOFR)
Secured Overnight Financing Rate (SOFR) [Member]
Principal amount of loans subject to delinquent principal or interest
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate, Principal Amount of Delinquent Loans
Organization and Business [Table]
Organization And Business [Table]
Organization And Business [Table]
Equity securities
Marketable Security [Member]
Marketable Security
Rents and tenant receivables, net
Deferred Rent Asset, Net, Current
Hospitality / Alexandria, Virginia
Hospitality / Alexandria, Virginia [Member]
Hospitality / Alexandria, Virginia
Measurement Basis [Axis]
Measurement Basis [Axis]
Adjustment to Compensation:
Adjustment to Compensation [Axis]
RELATED-PARTY TRANSACTIONS AND ARRANGEMENTS
Related Party Transactions Disclosure [Text Block]
Named Executive Officers, Footnote
Named Executive Officers, Footnote [Text Block]
Deferred costs, Debt Issuances & Assumptions
Proceeds From Issuances Of Deferred Costs Credit Facility
Proceeds From Issuances Of Deferred Costs Credit Facility
State and local income tax and franchise tax expense (benefit), continuing operations
State And Local Income Tax and Franchise Tax Expense (Benefit), Continuing Operations
The total state and local income and franchise taxes expense charged against earnings for the period.
Grafton, VA
Grafton, VA [Member]
Grafton, VA [Member]
Nondividend distributions
Non-Taxable Dividends, Percentage of Dividends
The percentage of total distributions for the period that are characterized as nontaxable distributions.
Stock, Class of Stock [Table]
Stock, Class of Stock [Table]
Debt Security Category [Domain]
Debt Security Category [Domain]
Debt Security Category
Number of properties disposed
Number of Real Estate Properties Disposed
Number of Real Estate Properties Disposed
Number of loans
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate, Number of Loans
Proceeds from sale of CMBS
Sale of real estate-related securities
Proceeds from Sale of Mortgage-Backed Securities (MBS), Available-for-Sale
Interest rate caps
Interest Rate Cap [Member]
Wisconsin Rapids, WI
Wisconsin Rapids,WI [Member]
Wisconsin Rapids,WI
Area of real estate property
Area of Real Estate Property
Salina, UT
Salina, UT [Member]
Salina, UT
Family Dollar:
Family Dollar [Member]
Family Dollar [Member]
Investment advisory fee, percent per quarter
Investment Advisory Fee, Quarterly Percent Fee
Investment Advisory Fee, Quarterly Percent Fee
Adjustment to Compensation, Amount
Adjustment to Compensation Amount
Percentage of rental income concentration
Concentration Risk, Percentage
Terminal Capitalization Rate
Measurement Input, Cap Rate [Member]
Principles of Consolidation and Basis of Presentation
Consolidation, Policy [Policy Text Block]
Equity-based compensation
Share-Based Payment Arrangement, Noncash Expense
OHIO
OHIO
Schedule of Estimated Useful Lives of Real Estate Assets By Class
Investment in and Valuation of Real Estate and Related Assets [Table Text Block]
Disclosure of the entity's accounting policy related to investment in and valuation of real estate and related assets.
Employee Stock Option
Share-Based Payment Arrangement, Option [Member]
Suffolk, VA
Suffolk, VA [Member]
Suffolk, VA
Cash paid for taxes
Income Taxes Paid
Distributions declared on common stock
Dividends, Common Stock, Cash
Real estate impairment
Real estate impairment
Total impairment loss
Asset Impairment Charges
Total stockholders’ equity
Total equity
Equity, Attributable to Parent
Measurement Frequency [Axis]
Measurement Frequency [Axis]
Debt Securities, Available-for-sale [Table]
Debt Securities, Available-for-Sale [Table]
Insider Trading Policies and Procedures [Line Items]
Common stock, shares authorized (in shares)
Common Stock, Shares Authorized
Peoria, IL
Peoria, IL [Member]
Peoria, IL
Issuance of common stock (in shares)
Stock Issued During Period, Shares, New Issues
Fair Value, Recurring
Fair Value, Recurring [Member]
Ashland, VA
Ashland, VA [Member]
Ashland, VA [Member]
LIABILITIES, REDEEMABLE COMMON STOCK AND EQUITY
Liabilities and equity:
Liabilities and Equity [Abstract]
Due to affiliates
Accounts Payable, Other
Cover [Abstract]
Portion at Fair Value Measurement
Portion at Fair Value Measurement [Member]
Maximum
Maximum [Member]
San Antonio, TX
San Antonio, TX 2 [Member]
San Antonio, TX 2
Useful life (in years)
Finite-Lived Intangible Asset, Useful Life
Impaired Long-Lived Assets Held and Used by Type [Axis]
Impaired Long-Lived Assets Held and Used by Type [Axis]
Real estate assets:
Real Estate Investment Property, Net [Abstract]
Net income allocated to non-controlling interest
Segment net income attributable to non-controlling interest
Net Income (Loss) Attributable to Noncontrolling Interest
Intangible lease assets
Total
Finite-Lived Intangible Assets, Net
Due after ten years
Debt Securities, Available-for-Sale, Amortized Cost, Maturity, Allocated and Single Maturity Date, after Year 10
Debt instrument, collateral amount
Debt Instrument, Collateral Amount
Restricted Stock
Restricted Stock [Member]
Non-PEO NEO Average Total Compensation Amount
Non-PEO NEO Average Total Compensation Amount
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, by Property [Table]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, by Property [Table]
Debt Instrument [Line Items]
Debt Instrument [Line Items]
Gain on investment in unconsolidated entities
Gain on investment in unconsolidated entities
Gain (Loss) On Investment In Unconsolidated Entities
Gain (Loss) On Investment In Unconsolidated Entities
Schedule of Share-based Compensation Arrangements by Share-based Payment Award [Table]
Schedule of Share-Based Compensation Arrangements by Share-Based Payment Award [Table]
Deferred costs, net
Deferred Costs
Adjustment to Non-PEO NEO Compensation Footnote
Adjustment to Non-PEO NEO Compensation Footnote [Text Block]
Financing Receivable, Credit Quality Indicator [Table]
Financing Receivable, Credit Quality Indicator [Table]
Beginning balance
Ending balance
Debt Securities, Available-for-Sale, Accumulated Gross Unrealized Gain (Loss), before Tax
Forgone Recovery due to Disqualification of Tax Benefits, Amount
Forgone Recovery due to Disqualification of Tax Benefits, Amount
2022
Financing Receivable, Year Four, Originated, Three Years before Current Fiscal Year, Writeoff
Sunoco:
Sunoco [Member]
Sunoco [Member]
Non-Rule 10b5-1 Arrangement Terminated
Non-Rule 10b5-1 Arrangement Terminated [Flag]
Net proceeds from sale of real estate-related securities
Proceeds from Deposits on Real Estate Sales
Entity Shell Company
Entity Shell Company
Schedule of Long-term Debt Instruments [Table]
Schedule of Long-Term Debt Instruments [Table]
Proceeds from borrowings
Proceeds from Issuance of Debt
Reconciliation of Real Estate Accumulated Depreciation [Roll Forward]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate, Accumulated Depreciation [Roll Forward]
Condominium Units
Condominium Units [Member]
Condominium Units [Member]
Statement of Stockholders' Equity [Abstract]
Statement of Stockholders' Equity [Abstract]
Operating Segments
Operating Segments [Member]
Schedule of Cash Flow, Supplemental Disclosures
Schedule of Cash Flow, Supplemental Disclosures [Table Text Block]
Operating ground lease, remaining term (in years)
Lessee, Operating Lease, Remaining Lease Term
Comprehensive income allocated to non-controlling interest
Comprehensive Income (Loss), Net of Tax, Attributable to Noncontrolling Interest
Award Timing MNPI Considered
Award Timing MNPI Considered [Flag]
Line of Credit Facility [Table]
Line of Credit Facility [Table]
Interest expense, net
Interest Expense, Operating
Fallbrook, CA
Fallbrook, CA [Member]
Fallbrook, CA
Loans modified as a percentage of total loans
Financing Receivable, Modified in Period, to Total Financing Receivables, Percentage
Management fee per annum
Annualized Management Fee
Annualized Management Fee
Austintown, OH
Austintown, OH 2 [Member]
Austintown, OH 2
Management fees
Management fees
Management Fee Expense
Document Fiscal Period Focus
Document Fiscal Period Focus
Real estate tax
Real estate tax
Real Estate Tax Expense
Derivatives, Fair Value [Line Items]
Derivatives, Fair Value [Line Items]
Award Timing Method
Award Timing Method [Text Block]
Milford, OH
Milford, OH 2 [Member]
Milford, OH 2
AKRS Equipment:
AKRS Equipment [Member]
AKRS Equipment
Award Type [Axis]
Award Type [Axis]
Fredericksburg, VA
Fredericksburg, VA [Member]
Fredericksburg, VA
Burleson, TX
Burleson, TX 1 [Member]
Burleson, TX 1
Valley, AL
Valley, AL [Member]
Valley, AL
Investment, Name [Domain]
Investment, Name [Domain]
Accumulated Distributions in Excess of Earnings
Accumulated Distributions in Excess of Net Income [Member]
Future minimum rental payments, 2028
Lessee, Operating Lease, Liability, to be Paid, Year Four
Virginia
VIRGINIA
Allocation of Purchase Price of Real Estate Assets
Business Combination [Policy Text Block]
Tractor Supply:
Tractor Supply [Member]
Tractor Supply [Member]
Sun Prairie, WI
Sun Prairie, WI [Member]
Sun Prairie, WI [Member]
Equity-based compensation (in shares)
Shares Issued, Shares, Share-Based Payment Arrangement, after Forfeiture
Entity Address, City or Town
Entity Address, City or Town
Valvoline HQ:
Valvoline HQ [Member]
Valvoline HQ
Class of Financing Receivable [Axis]
Class of Financing Receivable [Axis]
Non-PEO NEO Average Compensation Actually Paid Amount
Non-PEO NEO Average Compensation Actually Paid Amount
Management fee, operating receipt percentage
Management Fee, Operating Receipt Percentage
Management Fee, Operating Receipt Percentage
Restricted Stock Units (RSUs)
Restricted Stock Units (RSUs) [Member]
Cost of real estate sold
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate, Accumulated Depreciation, Investment in Real Estate Sold
Current Expected Credit Losses
Credit Loss, Financial Instrument [Policy Text Block]
Revolving Loan
Revolving Loan [Member]
Revolving Loan
Compensation Actually Paid vs. Other Measure
Compensation Actually Paid vs. Other Measure [Text Block]
Entity Emerging Growth Company
Entity Emerging Growth Company
East Liberty, OH
East Liberty, OH [Member]
East Liberty, OH
2028
Long-Term Debt, Maturity, Year Three
INTANGIBLE LEASE ASSETS AND LIABILITIES
Intangible Asset and Liability Disclosure [Text Block]
Intangible Asset and Liability Disclosure [Text Block]
Multifamily / Salt Lake City, Utah
Multifamily / Salt Lake City, Utah [Member]
Multifamily / Salt Lake City, Utah
CCPT IV OP
CIM Real Estate Finance Operating Partnership, LP [Member]
CIM Real Estate Finance Operating Partnership, LP [Member]
The Share Redemption Program
The Share Redemption Program [Member]
The Share Redemption Program [Member]
Repayments of borrowings, and prepayment penalties
Repayments of Lines of Credit
Change in Fair Value as of Vesting Date of Prior Year Equity Awards Vested in Covered Year
Change in Fair Value as of Vesting Date of Prior Year Equity Awards Vested in Covered Year [Member]
Note A
Note A [Member]
Note A
Unfunded Loan Commitment
Unfunded Loan Commitment [Member]
Deferred costs, Beginning Balance
Deferred costs, Ending Balance
Debt Issuance Costs, Net
Loss on interest rate caps
Derivative, Gain (Loss) on Derivative, Net
Earnout income on disposition
Earnout Income (Loss) on Disposition
Earnout Income (Loss) on Disposition
Debt Covenant Term [Domain]
Debt Covenant Term [Domain]
[Domain] for Debt Covenant Term [Axis]
Common stock, shares outstanding (in shares)
Beginning balance (in shares)
Ending balance (in shares)
Common Stock, Shares, Outstanding
Charleston, SC
Charleston, SC [Member]
Charleston, SC
Investment in CLO subordinated note
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability, Investment in Equity Securities
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability, Investment in Equity Securities
LOANS HELD-FOR-INVESTMENT
Loans, Notes, Trade and Other Receivables Disclosure [Text Block]
Brea, CA
Brea, CA [Member]
Brea, CA [Member]
Consolidated Properties
Consolidated Properties [Member]
Class of Financing Receivable [Domain]
Class of Financing Receivable [Domain]
Hospitality / Salt Lake City, Utah
Hospitality / Salt Lake City, Utah [Member]
Hospitality / Salt Lake City, Utah
Mayfield Heights, OH
Mayfield Heights,OH [Member]
Mayfield Heights,OH
Jewel-Osco:
Jewel-Osco [Member]
Jewel-Osco [Member]
Real Estate
Real Estate Segment [Member]
Real Estate Segment [Member]
Tallahassee, FL
Tallahassee, FL 3 [Member]
Tallahassee, FL 3
Midland, TX
Midland, TX [Member]
Midland, TX [Member]
Buildings, Fixtures and Improvements
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Initial Cost of Building and Improvements
Loss on sale of loans receivable
Loss on sale of loans receivable
Gain (Loss) on Sale of Financing Receivable
Dividends or Other Earnings Paid on Equity Awards not Otherwise Reflected in Total Compensation for Covered Year
Dividends or Other Earnings Paid on Equity Awards not Otherwise Reflected in Total Compensation for Covered Year [Member]
Mixed Use
Mixed Use Property [Member]
Mixed Use Property
Locust Fork, AL
Locust Fork, AL [Member]
Locust Fork, AL
2025
Financing Receivable, Year One, Originated, Current Fiscal Year, Writeoff
Schedule of Estimated Amortization Relating to the Intangible Lease Assets and Liabilities
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense [Table Text Block]
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Total deductions
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate, Total Deductions
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate, Total Deductions
Accretion of discount on real estate-related securities
Accretion Of Debt Securities, Available For Sale
Accretion Of Debt Securities, Available For Sale
Accrued expenses and accounts payable
Accounts Payable and Accrued Liabilities
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Nonvested, [Roll Forward]
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Nonvested, Number of Shares [Roll Forward]
Percentage of rentable space leased
Percentage of rentable space leased
The percentage of rentable space leased by tenants.
Entity Address, Postal Zip Code
Entity Address, Postal Zip Code
Restatement Determination Date
Restatement Determination Date
Income tax expense
Income Tax Expense (Benefit)
Debt instrument, basis spread on variable rate
Debt Instrument, Basis Spread on Variable Rate
Oxford, AL
Oxford, AL [Member]
Oxford, AL [Member]
Burleson, TX
Burleson, TX 2 [Member]
Burleson, TX 2
Preferred stock, shares issued (in shares)
Preferred Stock, Shares Issued
Pension Adjustments Service Cost
Pension Adjustments Service Cost [Member]
Juneau, AK
Juneau, AK [Member]
Juneau, AK
Fair Value Hierarchy and NAV [Axis]
Fair Value Hierarchy and NAV [Axis]
Schedule of Impairment Charges by Asset Class
Details of Impairment of Long-Lived Assets Held and Used by Asset [Table Text Block]
A-4 (AA)
Class A-4 [Member]
Class A-4
Property Disposition 2025
Property Disposition 2025 [Member]
Property Disposition 2025
Multifamily / Los Angeles, California
Multifamily Los Angeles, California [Member]
Multifamily Los Angeles, California
Revenue from Contract with Customer, Product and Service Benchmark
Revenue from Contract with Customer, Product and Service Benchmark [Member]
Interest rate after modification
Financing Receivable, Modified, Weighted-Average Interest Rate after Modification
Credit
Credit Segment [Member]
Credit Segment [Member]
Audit Information [Abstract]
Audit Information
Hawthorne, CA
Hawthorne, CA [Member]
Hawthorne, CA
Compensation Actually Paid vs. Company Selected Measure
Compensation Actually Paid vs. Company Selected Measure [Text Block]
Equity, Class of Treasury Stock [Line Items]
Equity, Class of Treasury Stock [Line Items]
Buildings, fixtures and improvements
Building and Building Improvements [Member]
All Trading Arrangements
All Trading Arrangements [Member]
Equity Awards Adjustments, Footnote
Equity Awards Adjustments, Footnote [Text Block]
Total Shareholder Return Vs Peer Group
Total Shareholder Return Vs Peer Group [Text Block]
Number of loans
Number of Financing Receivable Instruments
Number of Financing Receivable Instruments
Schedule of Treasury by Class [Table]
Class of Treasury Stock [Table]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation Disclosure [Abstract]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation Disclosure [Abstract]
Beginning balance (in shares)
Ending balance (in shares)
Shares vesting (in shares)
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Nonvested, Number
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies Disclosure [Abstract]
Extended the Maturity Date February 7, 2029
Extended the Maturity Date February 7, 2029 [Member]
Extended the Maturity Date February 7, 2029
2026
Below Market Lease, Amortization Income, Year One
Gross Credit Losses
Gross Credit Losses, Including Unsettled and Unfunded Loans [Member]
Gross Credit Losses, Including Unsettled and Unfunded Loans
Net cash provided by operating activities
Cash Provided by (Used in) Operating Activity, Including Discontinued Operation
Roanoke, VA
Roanoke, VA [Member]
Roanoke, VA
Equity Method Investments and Joint Ventures [Abstract]
Real estate-related securities and other, at fair value, net of credit loss allowances of $182,104 and $110,062 as of December 31, 2025 and 2024, respectively
Investments in real estate-related securities
Fair Value
Beginning balance
Ending balance
Total
Debt Securities, Available-for-Sale, Excluding Accrued Interest
Property, plant and equipment, useful life
Property, Plant and Equipment, Useful Life
Preferred stock, par value (in usd per share)
Preferred Stock, Par or Stated Value Per Share
Subsequent Event
Subsequent Event [Member]
Real Estate [Line Items]
Real Estate [Line Items]
Interest expense, net
Interest Income (Expense), Operating
Schedule of Equity Method Investments [Line Items]
Schedule of Equity Method Investments [Line Items]
Equity Valuation Assumption Difference, Footnote
Equity Valuation Assumption Difference, Footnote [Text Block]
PEO Total Compensation Amount
PEO Total Compensation Amount
Iron Mountain, MI
Iron Mountain, MI [Member]
Iron Mountain, MI
Long-term Debt, Type [Axis]
Long-Term Debt, Type [Axis]
Walgreens:
Walgreens [Member]
Walgreens [Member]
Capitalized interest
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate, Capitalized Interest
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate, Capitalized Interest
Equity Components [Axis]
Equity Components [Axis]
2022
Financing Receivable, Excluding Accrued Interest, Year Four, Originated, Three Years before Current Fiscal Year
Conversion to equity security
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability, Conversion Of Preferred Units
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability, Conversion Of Preferred Units
Real Estate Properties [Line Items]
Real Estate Properties [Line Items]
Tax basis of mortgage loans
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate, Federal Income Tax Basis
Non-Rule 10b5-1 Arrangement Adopted
Non-Rule 10b5-1 Arrangement Adopted [Flag]
Number of reportable segments
Number of Reportable Segments
Commercial Real Estate
Commercial Real Estate [Member]
Acquired real estate asset, useful life (in years)
Acquired real estate asset, useful life
The acquired real estate asset useful life.
Entity Address, State or Province
Entity Address, State or Province
Acquisitions
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate, Other Acquisition
Barclays
Barclays - CLR [Member]
Barclays - CLR
Credit loss interest rate
Financing Receivable, before Allowance for Credit Loss, to Total, Percent
Mixed-Use / Dallas, Texas
Mixed-Use / Dallas, Texas [Member]
Mixed-Use / Dallas, Texas
Total financial assets
Loans Receivable, Fair Value Disclosure
Principal repayments received
Financing Receivable, Increase (Decrease) From Initial Funding, Net Book Value
Financing Receivable, Increase (Decrease) From Initial Funding, Net Book Value
Individual:
Individual [Axis]
Proceeds from the repayment on the CLO subordinated note
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability, Proceeds From The Repayment of Portfolio Investments
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability, Proceeds From The Repayment of Portfolio Investments
Athens, AL
Athens, AL [Member]
Athens, AL [Member]
Distributions to stockholders
Payments of Ordinary Dividends, Common Stock
Document Annual Report
Document Annual Report
A-5 (A)
Class A-5 [Member]
Class A-5
New Berlin, WI
New Berlin, WI 2 [Member]
New Berlin, WI 2
Below-market lease amortization
Amortization of Below Market Lease
St. John, MO
St. John, MO [Member]
St. John, MO
Greenfield, WI
Greenfield, WI [Member]
Greenfield, WI
Condominium Dispositions
Condominium Dispositions [Member]
Condominium Dispositions
Corporate senior loans
Corporate Senior Loans [Member]
Corporate Senior Loans
Forgone Recovery, Explanation of Impracticability
Forgone Recovery, Explanation of Impracticability [Text Block]
Vacant:
Vacant [Member]
Vacant [Member]
Short-Term and Long-Term Debt [Roll Forward]
Short-Term and Long-Term Debt [Roll Forward]
Short-Term and Long-Term Debt [Roll Forward]
Entity Interactive Data Current
Entity Interactive Data Current
Unrealized loss on CLO subordinated note
CLO subordinated note
CLO Subordinated Note Security [Member]
CLO Subordinated Note Security
Irving, TX
Irving, TX 3 [Member]
Irving, TX 3
2023
Financing Receivable, Year Three, Originated, Two Years before Current Fiscal Year, Writeoff
2028
Below Market Lease, Amortization Income, Year Three
Stock redemption program, redemption priority (in shares)
Stock Redemption Program, Redemption Priority, Shares
The account balance, in shares, for which second priority is given by the entity for a valid redemption request.
2027
Below Market Lease, Amortization Income, Year Two
Distribution Reinvestment Plan
Distribution reinvestment plan [Member]
Distribution reinvestment plan [Member]
Los Angeles, CA
Los Angeles, CA 5 [Member]
Los Angeles, CA 5
Deferred rental income and other liabilities
Deferred Rental Income, Derivative and Other Liabilities
The amounts at the balance sheet date that have been received by the entity that represent rents paid in advance, expected to be recognized in income, by the lessor, within one year of the balance sheet date; the aggregate carrying amount, as of the balance sheet date, of liabilities not separately disclosed in the balance sheet; and fair values as of the balance sheet date of all liabilities resulting from contracts that meet the criteria of being accounted for as derivative instruments.
Property, Plant and Equipment, Type [Axis]
Long-Lived Tangible Asset [Axis]
Below-Market Leases
Below-Market Leases [Member]
Below-Market Leases
Ownership [Domain]
Ownership [Domain]
Land
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Initial Cost of Land
Contributions from non-controlling interests
Proceeds from (Payments to) Noncontrolling Interests
Schedule of Future Minimum Rental Income from Operating Leases
Lessor, Operating Lease, Payment to be Received, Maturity [Table Text Block]
Payment of interest in-kind
Financing Receivable, Modified in Period, Payment of Interest In Kind (PIK)
Financing Receivable, Modified in Period, Payment of Interest In Kind (PIK)
Unconsolidated Joint Venture
Unconsolidated Joint Venture [Member]
Unconsolidated Joint Venture
First mortgage loans, credit loss reserve
Fair Value, Option, Loans Held as Assets, Nonaccrual Status, Allowance for Credit Loss
Fair Value, Option, Loans Held as Assets, Nonaccrual Status, Allowance for Credit Loss
Property Disposition 2024
Property Disposition 2024 [Member]
Property Disposition 2024
NAV per share (in usd per share)
Net Asset Value Per Share
Entity Central Index Key
Entity Central Index Key
PEO Name
PEO Name
Madison, WI
Madison,WI [Member]
Madison,WI
Number of operating leases
Number of Operating Leases
Number of Operating Leases
Acquired below market liabilities, net
Total
Below Market Lease, Net
Schedule of Aggregate Principal Repayments
Schedule of Maturities of Long-Term Debt [Table Text Block]
Total revenues
Total revenues
Revenues
Prior Year End Fair Value of Equity Awards Granted in Any Prior Year that Fail to Meet Applicable Vesting Conditions During Covered Year
Prior Year End Fair Value of Equity Awards Granted in Any Prior Year that Fail to Meet Applicable Vesting Conditions During Covered Year [Member]
Supplemental Cash Flow Elements [Abstract]
Supplemental Cash Flow Elements [Abstract]
Schedule of Financing Receivable Credit Quality Indicators
Financing Receivable Credit Quality Indicators [Table Text Block]
Outstanding Aggregate Erroneous Compensation Amount
Outstanding Aggregate Erroneous Compensation Amount
Harbor City, CA
Harbor City, CA [Member]
Harbor City, CA
Beginning balance
Ending balance
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability Value
Third-Party, Number Two
Third-Party, Number Two [Member]
Third-Party, Number Two
Schedule of Segment Reporting Information, by Segment [Table]
Schedule of Segment Reporting Information, by Segment [Table]
2026
Share-Based Payment Arrangement, Tranche One [Member]
Office
Office Building [Member]
Purchases and payments received:
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability, Purchases, (Sales), Issuances, (Settlements) [Abstract]
Prepaid expenses and other assets
Increase (Decrease) in Prepaid Expense and Other Assets
Redeemable common stock
Temporary Equity, Carrying Amount, Attributable to Parent
Advances to affiliate
Advances to Affiliate
SEC Schedule, 12-29, Real Estate Companies, Investment in Movement in Mortgage Loans on Real Estate [Roll Forward]
SEC Schedule, 12-29, Real Estate Companies, Investment in Movement in Mortgage Loans on Real Estate [Roll Forward]
Exercise Price
Award Exercise Price
Entity Filer Category
Entity Filer Category
Andalusia, AL
Andalusia, AL [Member]
Andalusia, AL
Number of shares converted from RSU (in share)
Share-Based Compensation Arrangement by Share-Based Payment Award, Number of Shares Converted from Restricted Stock Unit (RSU)
Share-Based Compensation Arrangement by Share-Based Payment Award, Number of Shares Converted from Restricted Stock Unit (RSU)
Interest rate
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate, Basis Spread on Variable Rate
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate, Basis Spread on Variable Rate
Unrecognized compensation expense
Share-Based Payment Arrangement, Nonvested Award, Excluding Option, Cost Not yet Recognized, Amount
Investment advisory fee, percent per annum
Investment Advisory Fee, Annualized Percent Fee
Investment Advisory Fee, Annualized Percent Fee
Subsequent Event Type [Axis]
Subsequent Event Type [Axis]
Hagerstown, MD
Hagerstown, MD [Member]
Hagerstown, MD [Member]
Schedule of Intangible Lease Assets and Liabilities
Schedule of Intangible Assets and Liabilities [Table Text Block]
Tabular disclosure of the aggregate amount of intangible assets and liabilities.
Los Angeles, CA
Los Angeles, CA 6 [Member]
Los Angeles, CA 6
Disposal group total consideration
Disposal Group, Including Discontinued Operation, Consideration
Lexington, KY
Lexington,KY [Member]
Lexington,KY
Sale of real estate-related securities
Sale of real estate-related securities
Debt Securities, Available-For-Sale, Sold, Realized Gain (Loss)
Debt Securities, Available-For-Sale, Sold, Realized Gain (Loss)
2028
Finite-Lived Intangible Asset, Expected Amortization, Year Three
Vesting [Domain]
Vesting [Domain]
Loans held-for-investment and related receivables, net
Financing Receivable, before Allowance for Credit Loss
CLR Management Agreement
Management Fee Agreement [Member]
Management Fee Agreement
Intangible lease assets
Acquired in-place leases and other intangibles
Gross intangible lease assets
Finite-Lived Intangible Assets, Gross
Unfunded Corporate Senior Loans
Unfunded Corporate Senior Loans [Member]
Unfunded Corporate Senior Loans
Vesting Date Fair Value of Equity Awards Granted and Vested in Covered Year
Vesting Date Fair Value of Equity Awards Granted and Vested in Covered Year [Member]
Fosters, AL
Fosters, AL [Member]
Fosters, AL
Face value of real estate-related securities acquired
Face value of real estate-related securities acquired
Debt Securities Available For Sale, Acquired
Debt Securities Available For Sale, Acquired
Number of states in which entity owns properties
Number of States in which Entity Operates
Entity Address, Address Line One
Entity Address, Address Line One
Miami Township, OH
Miami Township, OH [Member]
Miami Township, OH
Extended the Maturity Date from January 7, 2025 to February 7, 2029
Extended the Maturity Date from January 7, 2025 to February 7, 2029 [Member]
Extended the Maturity Date from January 7, 2025 to February 7, 2029
Accumulated Other Comprehensive (Loss) Income
AOCI Attributable to Parent [Member]
Mason, OH
Mason,OH [Member]
Mason,OH
Investments [Domain]
Investments [Domain]
Impaired Long-Lived Assets Held and Used, Asset Name [Domain]
Impaired Long-Lived Assets Held and Used, Asset Name [Domain]
Internal Credit Assessment [Axis]
Internal Credit Assessment [Axis]
Offset Agreement
Offset Agreement [Member]
Offset Agreement
Business Combination, Asset Acquisition, Transaction between Entities under Common Control, and Joint Venture Formation [Abstract]
Internal Credit Assessment [Domain]
Internal Credit Assessment [Domain]
Ownership [Axis]
Ownership [Axis]
DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES
Derivative Instruments and Hedging Activities Disclosure [Text Block]
Industry Sector [Axis]
Industry Sector [Axis]
Number of real estate properties secured through foreclosure
Number Of Real Estate Properties Secured Through Foreclosure
Number Of Real Estate Properties Secured Through Foreclosure
Name of Property [Domain]
Name of Property [Domain]
Fair Value as of Grant Date
Award Grant Date Fair Value
Investment securities, term of extension option
Investment Securities, Term of Extension Option
Investment Securities, Term of Extension Option
Amount of loss reclassified from other comprehensive income into income as an increase in provision for credit losses
Other Comprehensive (Income) Loss, Reclassification Adjustment from AOCI for Write-down of Securities, Net of Tax
Additions
Real Estate Accumulated Depreciation, Additions [Abstract]
Real Estate Accumulated Depreciation, Additions [Abstract]
Palm City, FL
Palm City, FL [Member]
Palm City, FL [Member]
Financing Receivable, Impaired [Line Items]
Financing Receivable, Impaired [Line Items]
Duluth Trading:
Duluth Trading [Member]
Duluth Trading
2021
Financing Receivable, Excluding Accrued Interest, Year Five, Originated, Four Years before Current Fiscal Year
Los Angeles, CA
Los Angeles, CA 7 [Member]
Los Angeles, CA 7
Transfer of loans held-for-investment to real estate acquired via deed-in-lieu of foreclosure
Transfer Of Loans Held-For-Investment To Real Estate Acquired Via Deed-In-Lieu Of Foreclosure
Transfer Of Loans Held-For-Investment To Real Estate Acquired Via Deed-In-Lieu Of Foreclosure
Weighted average years to maturity
Debt Instrument, Weighted Average Years to Maturity1
The weighted average number of years to maturity.
Hospitality / Philadelphia, Pennsylvania
Hospitality / Philadelphia, Pennsylvania [Member]
Hospitality / Philadelphia, Pennsylvania
Bob Evans:
Bob Evans [Member]
Bob Evans [Member]
Common stock shares registered dividend reinvestment plan, value
Common Stock Shares Registered Dividend Reinvestment Plan, Value
Common Stock Shares Registered Dividend Reinvestment Plan, Value
Debt security
Debt Security, Mortgage-Backed, Available-for-Sale, Fair Value Disclosure
Granted (in shares)
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Grants in Period
Total expenses
Total expenses
Costs and Expenses
Forfeited (in shares)
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Forfeited in Period
Related Party Transaction [Line Items]
Related Party Transaction [Line Items]
Net proceeds from deeds-in-lieu of foreclosure
Proceeds From Deed-In-Lieu Of Foreclosures, Net
Proceeds From Deed-In-Lieu Of Foreclosures, Net
Schedule of Discount Rates and Terminal Capitalization rates of the Company’s Impairment Test
Fair Value Measurement Inputs and Valuation Techniques [Table Text Block]
Changed Peer Group, Footnote
Changed Peer Group, Footnote [Text Block]
Counterparty Name [Domain]
Counterparty Name [Domain]
Future minimum rental payments, 2026
Lessee, Operating Lease, Liability, to be Paid, Year Two
Fair Values Derivatives, Balance Sheet Location, by Derivative Contract Type [Table]
Fair Values Derivatives, Balance Sheet Location, by Derivative Contract Type [Table]
Discount rate
Real Estate Asset Impairment, Measurement Input
Real Estate Asset Impairment, Measurement Input
Hazlet, NJ
Hazlet, NJ [Member]
Hazlet, NJ
Adjustment To PEO Compensation, Footnote
Adjustment To PEO Compensation, Footnote [Text Block]
Bellflower, CA
Bellflower, CA [Member]
Bellflower, CA
National Tire & Battery:
National Tire & Battery [Member]
National Tire & Battery [Member]
Investment Type [Axis]
Investment Type [Axis]
Hereford, TX
Hereford, TX [Member]
Hereford, TX
Title
Trading Arrangement, Individual Title
Peer Group Total Shareholder Return Amount
Peer Group Total Shareholder Return Amount
Janesville, WI
Janesville, WI [Member]
Jamesville, WI [Member]
Number of extension term
Debt Instrument, Extension Term
Debt Instrument, Extension Term
Accrued management fees
Accrued Management Fee [Member]
Accrued Management Fee
Prepaid expenses and other assets
Prepaid Expense and Other Assets
Debt securities, settled
Debt Instruments, Settled
Debt Instruments, Settled
Non-PEO NEO
Non-PEO NEO [Member]
Avon, OH
Avon, OH [Member]
Avon, OH [Member]
North Richland Hills, TX
North Richland Hills, TX [Member]
North Richland Hills, TX
Common stock, dividends, monthly amount per share authorized (in usd per share)
Common Stock, Dividends, Monthly Amount Per Share Authorized
Common Stock, Dividends, Monthly Amount Per Share Authorized
4
Internal Credit Rating Four [Member]
Internal Credit Rating Four [Member]
London, KY
London, KY [Member]
London, KY [Member]
Management fee percentage, core earnings
Management Fee, Percentage of Core Earnings
Management Fee, Percentage of Core Earnings
A-1 (AAA)
Class A-1 [Member]
Class A-1
SuperValu:
SuperValu [Member]
SuperValu
Sale of Stock [Axis]
Sale of Stock [Axis]
Debt Instrument, Reinvestment, Period [Domain]
Debt Instrument, Reinvestment, Period [Domain]
Debt Instrument, Reinvestment, Period [Domain]
Gains
Debt Securities, Available-for-Sale, Accumulated Gross Unrealized Gain, before Tax
Land
Land [Member]
Schedule of Repurchase Facilities
Schedule of Repurchase Agreements [Table Text Block]
Award Type [Domain]
Award Type [Domain]
Future minimum rental payments, 2025
Lessee, Operating Lease, Liability, to be Paid, Year One
Non-controlling interests
Equity, Attributable to Noncontrolling Interest
Equity Awards Adjustments
Equity Awards Adjustments [Member]
Site improvements
Leasehold Improvements [Member]
Thereafter
Below Market Lease, Amortization Income, after Year Five
Pension Benefits Adjustments, Footnote
Pension Benefits Adjustments, Footnote [Text Block]
Disposed by sale
Discontinued Operations, Disposed of by Sale [Member]
Compensation Amount
Outstanding Recovery Compensation Amount
Recovery of uncollectible lease-related receivables
Financing Receivable, Allowance For Credit Losses, Write-Off (Reversal), Straight Line Rent
Financing Receivable, Allowance For Credit Losses, Write-Off (Reversal), Straight Line Rent
Debt Instrument, Name [Domain]
Debt Instrument, Name [Domain]
REAL ESTATE ASSETS
Real Estate Disclosure [Text Block]
Straight-line rental income
Straight Line Rent
Sand Springs, OK
Sand Springs, OK [Member]
Sand Springs, OK [Member]
Property Two
Property Two [Member]
Property Two
Recovery of Erroneously Awarded Compensation Disclosure [Line Items]
Fair Value
Estimate of Fair Value Measurement [Member]
Investment in corporate senior loans
Payments for Investment in Corporate Senior Loan
Payments for Investment in Corporate Senior Loan
Investment in real estate-related securities and other
Payments to Acquire Mortgage-Backed Securities (MBS), Available-for-Sale
MNPI Disclosure Timed for Compensation Value
MNPI Disclosure Timed for Compensation Value [Flag]
Due after one year through five years
Debt Securities, Available-for-Sale, Amortized Cost, Maturity, Allocated and Single Maturity Date, after Year One Through Five
Logan, WV
Logan, WV [Member]
Logan, WV
El Cajon, CA
El Cajon, CA 1 [Member]
El Cajon, CA 1
Lessor, weighted average remaining lease term (in years)
Lessor, Operating Lease, Weighted Average Remaining Lease Term
Lessor, Operating Lease, Weighted Average Remaining Lease Term
Revenues:
Revenues:
Revenues [Abstract]
Documents Incorporated by Reference
Documents Incorporated by Reference [Text Block]
Encumbrances
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Amount of Encumbrances
Due after five years through ten years
Debt Securities, Available-for-Sale, Amortized Cost, Maturity, Allocated and Single Maturity Date, after Year 5 Through 10
Oglesby, IL
Oglesby,IL [Member]
Oglesby,IL
Accumulated other comprehensive loss
Accumulated Other Comprehensive Income (Loss), Net of Tax
Number of financing receivables, principal payments received
Number of Financing Receivables, Principal Repayments Received
Number of Financing Receivables, Principal Repayments Received
2026
Long-Term Debt, Maturity, Year One
Honesdale, PA
Honesdale, PA [Member]
Honesdale, PA
Financial Instruments [Domain]
Financial Instruments [Domain]
New Berlin, WI
New Berlin, WI 1 [Member]
New Berlin, WI 1
2030
Long-Term Debt, Maturity, Year Five
Capitalized interest
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate, Capitalized Interest Deduction
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate, Capitalized Interest Deduction
Hospitality
Hospitality Property [Member]
Hospitality Property
Aggregate Pension Adjustments Service Cost
Aggregate Pension Adjustments Service Cost [Member]
Ozark, AL
Ozark, AL [Member]
Ozark, AL
Maximum leverage ratio to total indebtedness to total equity (less than or equal)
Debt Instrument, Covenant, Maximum Leverage Ratio To Total Indebtedness To Total Equity
Debt Instrument, Covenant, Maximum Leverage Ratio To Total Indebtedness To Total Equity
Unrealized gain on CMBS included in other comprehensive income (loss), net
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability, Gain (Loss) Included in Other Comprehensive Income (Loss)
Capitalized interest costs
Real Estate Inventory, Capitalized Interest Costs
Amount of gain reclassified from other comprehensive (loss) income into income as interest expense, net
Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), Reclassification, after Tax
Advisors
Advisors [Member]
Advisors [Member]
Moulton, AL
Moulton, AL [Member]
Moulton, AL
Finite-Lived Intangible Assets by Major Class [Axis]
Finite-Lived Intangible Assets by Major Class [Axis]
Minimum
Minimum [Member]
Wendy’s:
Wendy's [Member]
Wendy's [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Company Selected Measure Name
Company Selected Measure Name
Office / Boston, Massachusetts
Office / Boston, Massachusetts 1 [Member]
Office / Boston, Massachusetts 1
Fair Value Measurement [Domain]
Fair Value Measurement [Domain]
Number of Loans
Financing Receivable, Number Of Loans
Financing Receivable, Number Of Loans
REPURCHASE FACILITIES, NOTES PAYABLE AND CREDIT FACILITIES
Debt Disclosure [Text Block]
Loss on sale of credit investments, net
Gain (Loss) on Sale of Investments
Aggregate Available
Trading Arrangement, Securities Aggregate Available Amount
Lawton, OK
Lawton, OK 1 [Member]
Lawton, OK 1
Ground lease, payments
Operating Lease, Payments
Management fee percent per annum
Property Management Fee, Annualized Percent Fee
Property Management Fee, Annualized Percent Fee
General partner partnership interest percentage
Limited Liability Company (LLC) or Limited Partnership (LP), Managing Member or General Partner, Ownership Interest
Stock Appreciation Rights (SARs)
Stock Appreciation Rights (SARs) [Member]
Distributions payable
Distributions declared and unpaid
Dividends Payable
Citibank
Citibank [Member]
Citibank [Member]
Collateral Held [Domain]
Collateral Held [Domain]
COMMITMENTS AND CONTINGENCIES
Commitments and Contingencies Disclosure [Text Block]
2027
Share-Based Payment Arrangement, Tranche Two [Member]
Diluted (in shares)
Weighted Average Number of Shares Outstanding, Diluted
Management fee, catch-up fee trigger, percent of average adjusted capital
Management Fee Agreement, Catch-Up Fee Trigger, Percent of Average Adjusted Capital
Management Fee Agreement, Catch-Up Fee Trigger, Percent of Average Adjusted Capital
Reportable Segments
Segment Reporting, Policy [Policy Text Block]
Non-GAAP Measure Description
Non-GAAP Measure Description [Text Block]
Total additions
Real Estate, Total Additions
The total amount of real estate acquisitions and or improvements during the period.
Entity Small Business
Entity Small Business
Income Tax Disclosure [Abstract]
Income Tax Disclosure [Abstract]
CMBS and CLO Subordinated Note
CMBS and CLO Equity [Member]
CMBS and CLO Equity
Extended the Maturity Date to February 7, 2028
Extended the Maturity Date to February 7, 2028 [Member]
Extended the Maturity Date to February 7, 2028
Preferred stock, shares outstanding (in shares)
Preferred Stock, Shares Outstanding
2030
Below Market Lease, Amortization Income, Year Five
Comprehensive Income
Comprehensive Income [Member]
Document Transition Report
Document Transition Report
Vineland, NJ
Vineland, NJ [Member]
Vineland, NJ
Below market lease, weighted average useful life (in years)
Below Market Lease, Weighted Average Useful Life
Below Market Lease, Weighted Average Useful Life
Operating Lease, Right-of-Use Asset, Statement of Financial Position [Extensible Enumeration]
Operating Lease, Right-of-Use Asset, Statement of Financial Position [Extensible Enumeration]
Due after one year through five years
Debt Securities, Available-for-Sale, Fair Value, Maturity, Allocated and Single Maturity Date, after Year One Through Five
Rentable commercial space (sqft)
Net Rentable Area
Underlying Securities
Award Underlying Securities Amount
Carson, CA
Carson, CA [Member]
Carson, CA
Shelbyville, IL
Shelbyville, IL [Member]
Shelbyville, IL
Repaid borrowings
Repayments of Other Long-Term Debt
Hospitality / Casper, Wyoming
Hospitality / Casper, Wyoming [Member]
Hospitality / Casper, Wyoming
BJ’s Wholesale Club:
BJ's Wholesale Club [Member]
BJ's Wholesale Club
Realized gain
Debt Securities, Available-for-Sale, Realized Gain
AK Steel:
AK Steel [Member]
AK Steel
Equity Component [Domain]
Equity Component [Domain]
Document Period End Date
Document Period End Date
CMFT Credit Facility
CMFT Credit Facility [Member]
CMFT Credit Facility
Cabela’s:
Cabela's [Member]
Cabela's [Member]
First lien mortgage loan
First Lien Mortgage Loan [Member]
First Lien Mortgage Loan
Cash and Cash Equivalents [Domain]
Cash and Cash Equivalents [Domain]
INCOME TAXES
Income Tax Disclosure [Text Block]
Covington, LA
Covington, LA [Member]
Covington, LA [Member]
Acquired below-market leases
Acquired Below-Market Leases
Acquired Below-Market Leases
Office / Washington D.C.
Office / Washington D.C. [Member]
Office / Washington D.C.
Lumberton, NC
Lumberton, NC [Member]
Lumberton, NC [Member]
Awards Close in Time to MNPI Disclosures, Table
Awards Close in Time to MNPI Disclosures [Table Text Block]
Interest rate
Financing Receivable, Modified, Weighted-Average Interest Rate before Modification
Total equity
Beginning balance
Ending balance
Equity, Including Portion Attributable to Noncontrolling Interest
Amortized cost basis
Financing Receivable, Modified, Accumulated
Multifamily / Fort Lauderdale, Florida
Multifamily / Fort Lauderdale, Florida [Member]
Multifamily / Fort Lauderdale, Florida
Document Type
Document Type
Level 3
Significant Unobservable Inputs (Level 3)
Fair Value, Inputs, Level 3 [Member]
Name
Outstanding Recovery, Individual Name
McLean, VA
McLean, VA [Member]
McLean, VA
Note B
Note B [Member]
Note B
Asset Acquisition [Domain]
Asset Acquisition [Domain]
Management fee percentage
Management Fee, Percentage of NAV Per Share
Management fee percentage
Total gains and losses:
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability, Gains And Losses [Abstract]
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability, Gains And Losses [Abstract]
Statistical Measurement [Axis]
Statistical Measurement [Axis]
Accretion of interest income on CLO subordinated note
Accretion of interest income on CLO subordinated note
Debt Securities, Available-for-Sale, Equity Securities, Accretion of Interest Income
Debt Securities, Available-for-Sale, Equity Securities, Accretion of Interest Income
Investment in unconsolidated entities
Real estate investments - at fair value
Real Estate Investments, Unconsolidated Real Estate and Other Joint Ventures
Variable rental and other property income
Operating Lease, Variable Lease Income
Net proceeds from sale of liquid corporate senior loans
Proceeds from Sale of Finance Receivables
Senior Secured Mortgage Loans
Senior Secured Mortgage Loans [Member]
Senior Secured Mortgage Loans
Stock repurchase program, number of shares authorized to be repurchased per quarter, prior year percentage of weighted average number of shares outstanding
Stock Repurchase Program, Number of Shares Authorized to be Repurchased Per Quarter, Prior Year Percentage of Weighted Average Number of Shares Outstanding
Stock Repurchase Program, Number of Shares Authorized to be Repurchased Per Quarter, Prior Year Percentage of Weighted Average Number of Shares Outstanding
NP JV Holdings
NP JV Holdings [Member]
NP JV Holdings
Allowance for credit losses
Financing Receivable, Allowance for Credit Loss, Excluding Accrued Interest, Current
Mixed-Use / Alpharetta, Georgia
Mixed-Use / Alpharetta, Georgia [Member]
Mixed-Use / Alpharetta, Georgia
Health and Personal Care Stores
Health and Personal Care Stores [Member]
Health and Personal Care Stores
Aggregate Erroneous Compensation Amount
Aggregate Erroneous Compensation Amount
Face amount of mortgages
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate, Face Amount of Mortgages
Disposal Group Name [Axis]
Disposal Group Name [Axis]
Peer Group Issuers, Footnote
Peer Group Issuers, Footnote [Text Block]
Industrial / Spanish Fork, Utah
Industrial / Spanish Fork, Utah [Member]
Industrial / Spanish Fork, Utah
Fort Madison, IA
Fort Madison, IA [Member]
Fort Madison, IA
Share Repurchase Program [Domain]
Share Repurchase Program [Domain]
Principal payments received on loans held-for-investment
Proceeds from Loan Originations
Blue Springs, MO
Blue Springs, MO [Member]
Blue Springs, MO
Richmond, VA
Richmond, VA [Member]
Richmond, VA
Liquid corporate senior loans
Liquid Corporate Senior Loans [Member]
Liquid Corporate Senior Loans
Amount Financed
Long-Term Line of Credit
Quoted Prices in Active Markets for Identical Assets (Level 1)
Fair Value, Inputs, Level 1 [Member]
Gain on disposition of real estate and condominium developments, net
Gain on disposition of real estate and condominium developments, net
Gain (Loss) on Disposition of Assets
Related Party Transaction [Table]
Related Party Transaction [Table]
Diluted (in usd per share)
Earnings Per Share, Diluted
Refund of property escrow deposits
Refund of Property Escrow Deposits
The amount received from refunded escrow deposits made for the purpose of earnest money and contingent payments.
Burleson, TX
Burleson, TX 3 [Member]
Burleson, TX 3
2030
Lessor, Operating Lease, Payment to be Received, Year Five
Supplemental Disclosures of Non-Cash Investing and Financing Activities:
Cash Flow, Noncash Investing and Financing Activities Disclosure [Abstract]
Multifamily
Multifamily [Member]
Schedule IV - Mortgage Loans on Real Estate
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Text Block]
Due after five years through ten years
Debt Securities, Available-for-Sale, Fair Value, Maturity, Allocated and Single Maturity Date, after Year 5 Through 10
Tuscaloosa, AL
Tuscaloosa, AL [Member]
Tuscaloosa, AL [Member]
Valparaiso, IN
Valparaiso, IN [Member]
Valparaiso, IN
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Lake Jackson, TX
Lake Jackson, TX [Member]
Lake Jackson, TX
Purchase And Sale Agreement
Purchase And Sale Agreement [Member]
Purchase And Sale Agreement
Common stock issued through distribution reinvestment plan
Common stock issued through distribution reinvestment plan
Stock Issued During Period, Value, Dividend Reinvestment Plan
Real Estate and Accumulated Depreciation [Line Items]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Consolidation Items [Domain]
Consolidation Items [Domain]
Investments, Debt and Equity Securities [Abstract]
Investments, Debt and Equity Securities [Abstract]
Origination and funding of first mortgage loans
Investment in first mortgage loans
Payment for Acquisition, Loan, Held-for-Investment
Auditor Location
Auditor Location
Total additions
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate, Total Additions
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate, Total Additions
Debt Security Category [Axis]
Debt Security Category [Axis]
VIE, Not Primary Beneficiary
Variable Interest Entity, Not Primary Beneficiary [Member]
Bedford, TX
Bedford, TX [Member]
Bedford, TX
2029
Below Market Lease, Amortization Income, Year Four
INVESTMENTS IN UNCONSOLIDATED ENTITIES
Equity Method Investments and Joint Ventures Disclosure [Text Block]
Montgomery, IL
Montgomery, IL [Member]
Montgomery, IL [Member]
Exercise of extension options
Extended Maturity [Member]
Converted equity securities
Debt Securities Available For Sale, New Investments
Debt Securities Available For Sale, New Investments
Number of debt and equity instruments
Debt and Equity Securities, Number Of Positions
Debt and Equity Securities, Number Of Positions
Recourse indebtedness (as a percent)
Debt Instrument, Covenant, Recourse Indebtedness
Debt Instrument, Covenant, Recourse Indebtedness
Advisory agreements, extension term (in years)
Advisory and Management Agreement, Extension Term
Advisory and Management Agreement, Extension Term
Derivative, number of instruments held
Derivative Asset, Number of Instruments Held
Stock redeemed (in shares)
Stock Redeemed or Called During Period, Requests Unfulfilled, Shares
Stock Redeemed or Called During Period, Requests Unfulfilled, Shares
Common stock, shares authorized (in shares)
Common Stock, Shares Authorized, Value
The maximum value of common shares permitted to be issued by an entity's charter and bylaws.
O’Reilly Automotive:
O Reilly Automotive [Member]
O Reilly Automotive [Member]
Restricted Cash and Cash Equivalents [Axis]
Restricted Cash and Cash Equivalents [Axis]
Redeemable Common Stock
Temporary Equity [Policy Text Block]
The entity's accounting policy related to temporary equity.
2027
Finite-Lived Intangible Asset, Expected Amortization, Year Two
Ordinary dividends
Ordinary Dividends, Percentage of Dividends
The percentage of total distributions for the period that are characterized as ordinary dividends.
Hamilton, NJ
Hamilton,NJ [Member]
Hamilton,NJ
Total financial liabilities
Total debt, Beginning Balance
Total debt, Ending Balance
Amount Financed
Principal balance outstanding
Total
Long-Term Debt, Gross
Weasler Engineering:
Weasler Engineering [Member]
Weasler Engineering
Entity Well-known Seasoned Issuer
Entity Well-known Seasoned Issuer
Number of real estate properties held for sale
Number Of Real Estate Properties, Held for Sale
Number Of Real Estate Properties, Held for Sale
Unrealized gain (loss) on real estate-related securities
OCI, Debt Securities, Available-for-Sale, Unrealized Holding Gain (Loss), before Adjustment, after Tax
Monticello, FL
Monticello, FL [Member]
Monticello, FL [Member]
Loans held-for-investment and related receivables, net
Loans held-for-investment and related receivables, net
Loans Financed under Note on Note Financing
Loans Financed under Repurchase Facility
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss
Less: Deductions during period:
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate, Deductions During Period [Abstract]
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate, Deductions During Period [Abstract]
Schedule of Components of Lease Income
Operating Lease, Lease Income [Table Text Block]
Expiration Date
Trading Arrangement Expiration Date
Belk, AL
Belk, AL [Member]
Belk, AL
2024
Financing Receivable, Year Two, Originated, Fiscal Year before Current Fiscal Year, Writeoff
Accumulated Depreciation
Balance, beginning of period
Balance, end of period
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate, Accumulated Depreciation
2030
Finite-Lived Intangible Asset, Expected Amortization, Year Five
Number of impaired risk-rated loans, nonaccrual status
Number of Impaired Risk-Rated Loan Investments, Nonaccrual Status
Number of Impaired Risk-Rated Loan Investments, Nonaccrual Status
Unrealized (gain) loss on equity securities
Equity Securities, FV-NI, Unrealized Gain (Loss)
Cost of real estate sold
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate, Cost of Investment in Real Estate Sold
Schedule of Financial Information of The Unconsolidated Joint Venture
Equity Method Investments [Table Text Block]
TGI Friday's:
TGI Fridays [Member]
TGI Fridays [Member]
Salem, NH
Salem, NH [Member]
Salem, NH [Member]
Hayesville, NC
Hayesville, NC [Member]
Hayesville, NC
Number of real estate properties remaining to be disposed
Number of Real Estate Properties Remaining To Be Disposed
Number of Real Estate Properties Remaining To Be Disposed
Compensation Actually Paid vs. Net Income
Compensation Actually Paid vs. Net Income [Text Block]
Rents and tenant receivables, net
Increase (Decrease) in Accounts Receivable
Number of extension options
Debt Instrument, Number Of Extension Options
Debt Instrument, Number Of Extension Options
Entity Current Reporting Status
Entity Current Reporting Status
Charge-offs of CECL
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate, Write-Offs Charged
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate, Write-Offs Charged
Receivables [Abstract]
Receivables [Abstract]
Awards Close in Time to MNPI Disclosures
Awards Close in Time to MNPI Disclosures [Table]
JPMorgan Chase Bank, N.A.
JPMorgan Chase Bank, N.A. [Member]
JPMorgan Chase Bank, N.A. [Member]
Collateral Held [Axis]
Collateral Held [Axis]
Actuant Campus:
Actuant Campus [Member]
Actuant Campus
Consolidated Entities [Domain]
Consolidated Entities [Domain]
Due within one year
Debt Securities, Available-for-Sale, Amortized Cost, Maturity, Allocated and Single Maturity Date, Year One
Restricted Lockbox Accounts
Restricted Lockbox Accounts [Member]
Restricted Lockbox Accounts [Member]
South Hill, VA
South Hill, VA [Member]
South Hill, VA [Member]
Spring Grove, IL
Spring Grove,IL [Member]
Spring Grove,IL
Financial Instrument [Axis]
Financial Instrument [Axis]
Statement of Financial Position [Abstract]
Statement of Financial Position [Abstract]
Executive Category:
Executive Category [Axis]
Number of impaired risk-rated loans
Number of Impaired Risk-Rated Loan Investments
Number of Impaired Risk-Rated Loan Investments
Management fee percentage, performance fee, hurdle rate
Management Fee Agreement, Performance Fee Percentage, Hurdle Rate
Management Fee Agreement, Performance Fee Percentage, Hurdle Rate
Investment in liquid corporate senior loans
Payment for Acquisition, Trading Security, Held-for-Investment
Carrying amount of mortgages
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate
Office / Orlando, Florida
Office Orlando, Florida [Member]
Office Orlando, Florida [Member]
Current Fiscal Year End Date
Current Fiscal Year End Date
Finite-Lived Intangible Assets, Major Class Name [Domain]
Finite-Lived Intangible Assets, Major Class Name [Domain]
Acworth, GA
Acworth, GA [Member]
Acworth, GA [Member]
Number of funded loan investments
Number of Funded Loan Investments
Number of Funded Loan Investments
Grant Date Weighted Average Fair Value (per share)
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value [Abstract]
Shares available for future grant (in shares)
Share-Based Compensation Arrangement by Share-Based Payment Award, Number of Shares Available for Grant
Steinhafels:
Steinhafels [Member]
Steinhafels
Real Estate Property, Ownership [Table]
Real Estate Property, Ownership [Table]
Reno, NV
Reno, NV [Member]
Reno, NV
Accumulated distributions in excess of earnings
Accumulated Distributions in Excess of Net Income
Equity Awards Adjustments, Excluding Value Reported in Compensation Table
Equity Awards Adjustments, Excluding Value Reported in the Compensation Table [Member]
Loan Restructuring Modification [Axis]
Loan Restructuring Modification [Axis]
Return on investment in unconsolidated entities
Proceeds from Equity Method Investment, Distribution
Schedule of Fair Value, Assets and Liabilities Measured on a Recurring Basis
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]
Unrealized loss from other comprehensive income
Other Comprehensive (Income) Loss, Reclassification Adjustment from AOCI for Write-down of Securities, before Tax
Unrecognized tax benefits
Unrecognized Tax Benefits
Total debt, net, Debt Issuances & Assumptions
Proceeds from Debt, Net of Issuance Costs
Weighted average number of common shares outstanding:
Weighted Average Number of Shares Outstanding, Diluted [Abstract]
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Denton, TX
Denton, TX [Member]
Denton, TX
Deferred fees and other items
Financing Receivable, Increase (Decrease) From Deferred Fees And Other Items
Financing Receivable, Increase (Decrease) From Deferred Fees And Other Items
2027
Long-Term Debt, Maturity, Year Two
Wilmington, DE
Wilmington, DE [Member]
Wilmington, DE [Member]
Other
Property
Other Property [Member]
San Diego, CA
San Diego, CA 3 [Member]
San Diego, CA 3
LEASES
Lessee, Operating Leases [Text Block]
Multifamily / Salt Lake City, Utah
Multifamily / Salt Lake City, Utah 1 [Member]
Multifamily / Salt Lake City, Utah 1
Avondale, AZ
Avondale,AZ [Member]
Avondale,AZ
Net cash used in financing activities
Cash Provided by (Used in) Financing Activity, Including Discontinued Operation
Decatur, AL
Decatur, AL 1 [Member]
Decatur, AL 1
Measure:
Measure [Axis]
Accretion of fees and other items
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate, Other Addition
Consolidated net worth, minimum
Debt Instrument, Covenant, Consolidated Net Worth, Minimum
Debt Instrument, Covenant, Consolidated Net Worth, Minimum
Provision for (reversal of) credit losses
Reversal of (provision for) credit losses
Financing Receivable, Credit Loss, Expense (Reversal)
Thereafter
Finite-Lived Intangible Asset, Expected Amortization, after Year Five
ECONOMIC DEPENDENCY
Economic Dependency [Text Block]
Matters related to services provided by affiliate.
Related party investments
Related Party Investments
Related Party Investments
1
Internal Credit Rating One [Member]
Internal Credit Rating One [Member]
Debt Issuances & Assumptions
Proceeds From Issuance Of Debt and Non-Cash Assumption of Debt
Proceeds From Issuance Of Debt and Non-Cash Assumption of Debt
Supplemental Cash Flow Disclosures:
Supplemental Cash Flow Disclosures [Abstract]
Supplemental Cash Flow Disclosures [Abstract]
Property, Plant and Equipment, Type [Domain]
Long-Lived Tangible Asset [Domain]
Debt Covenant Term [Axis]
Debt Covenant Term [Axis]
Debt Covenant Term [Axis]
Highline
Highline [Member]
Highline
Disposal Group Classification [Domain]
Disposal Group Classification [Domain]
Schedule III - Real Estate Assets and Accumulated Depreciation
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation Disclosure [Text Block]
Loan modification, number of extension options
Financing Receivable, Loan Modification, Number of Extension Options
Financing Receivable, Loan Modification, Number of Extension Options
Pay vs Performance Disclosure, Table
Pay vs Performance [Table Text Block]
ORGANIZATION AND BUSINESS
Organization Business and Offering History [Text Block]
The entire disclosure for organization, business, and offering history.
Forgone Recovery due to Violation of Home Country Law, Amount
Forgone Recovery due to Violation of Home Country Law, Amount
Schedule of Impaired Financing Receivable [Table]
Schedule of Impaired Financing Receivable [Table]
Amortization of deferred financing costs
Amortization of Debt Issuance Costs
Entity Tax Identification Number
Entity Tax Identification Number
Asset Acquisition [Axis]
Asset Acquisition [Axis]
Number of real estate properties
Number of Real Estate Properties
Unrealized loss on real estate-related securities and other, net
Unrealized loss on real estate-related securities and other, net
Unrealized loss on real estate-related securities and other, net
Debt Securities, Available-for-Sale, Unrealized Loss
Office / Bethesda, Maryland
Office Bethesda, Maryland [Member]
Office Bethesda, Maryland
Offering agreement, reimbursement for organization and offering expenses
Advisory and Management Agreement, Reimbursement Amount Received
Advisory and Management Agreement, Reimbursement Amount Received
Sedalia, MO
Sedalia, MO 1 [Member]
Sedalia, MO 1
Odenville, AL
Odenville, AL [Member]
Odenville, AL
Common stock, shares issued (in shares)
Common Stock, Shares, Issued
Loan was repaid including accrued interest and fees
Repayment Of Debt Including Accrued Interest And Fees
Repayment Of Debt Including Accrued Interest And Fees
Decatur, AL
Decatur, AL 3 [Member]
Decatur, AL 3 [Member]
2029
Long-Term Debt, Maturity, Year Four
CMBS
Commercial Mortgage-Backed Securities [Member]
Dividend income, equity securities operating
Dividend Income, Equity Securities, Operating
San Diego, CA
San Diego, CA 1 [Member]
San Diego, CA 1
Accrued expense reimbursement to related parties
Accrued Expense Reimbursement To Related Parties [Member]
Accrued Expense Reimbursement To Related Parties
Hillcrest Heights, MD
Hillcrest Heights, MD [Member]
Hillcrest Heights, MD
CECL
CMBS
Debt Securities, Available-for-Sale, Excluding Accrued Interest, Allowance for Credit Loss [Roll Forward]
McAlister’s Deli:
McAlister's Deli [Member]
McAlister's Deli [Member]
Entity Public Float
Entity Public Float
Trading Arrangement:
Trading Arrangement [Axis]
2024 Property Acquisitions
2024 Property Acquisitions [Member]
2024 Property Acquisitions
Origination, modification and exit fees received on loans held-for-investment
Exit Fees from Loans Held-for-Investment
Exit Fees from Loans Held-for-Investment
Total Shareholder Return Amount
Total Shareholder Return Amount
Rental and other property income
Total rental and other property income
Rental and other property income
Operating Lease, Lease Income
Real Estate, Type of Property [Axis]
Real Estate, Type of Property [Axis]
Payments to acquire finance receivables
Payments to Acquire Finance Receivables
CIM RACR
CIM RACR [Member]
CIM RACR
Self-Storage
Self Storage Property [Member]
Self Storage Property
2027
Lessor, Operating Lease, Payment to be Received, Year Two
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Retail
Retail Site [Member]
Warne, NC
Warne, NC [Member]
Warne, NC
Accrued capital expenditures
Capital Expenditures Incurred but Not yet Paid
Total
Dividends, Percentage
The percentage total of the characterized distributions for the period.
Line of credit, maximum borrowing capacity
Maximum Facility Size
Line of Credit Facility, Maximum Borrowing Capacity
Andrews, TX
Andrews, TX [Member]
Andrews, TX
Shares issued pursuant to a distribution reinvestment plan (in shares)
Stock Issued During Period, Shares, Dividend Reinvestment Plan
Loan modifications
Financing Receivable, Modifications, Number of Loans
Financing Receivable, Modifications, Number of Loans
Loans receivable, measurement input
Loans Receivable, Fair Value Option, Measurement Input
Loans Receivable, Fair Value Option, Measurement Input
Expenses:
Expenses:
Operating Expenses [Abstract]
Mister Car Wash:
Mister Carwash [Member]
Mister Carwash [Member]
San Diego, CA
San Diego, CA 2 [Member]
San Diego, CA 2
Statement [Line Items]
Statement [Line Items]
Rule 10b5-1 Arrangement Adopted
Rule 10b5-1 Arrangement Adopted [Flag]
Mixed-Use / Boston, Massachusetts
Mixed-Use / Boston, Massachusetts [Member]
Mixed-Use / Boston, Massachusetts
Cash and cash equivalents
Cash and cash equivalents
Cash and Cash Equivalent
Extended the Maturity Date to March 6, 2028
Extended the Maturity Date to March 6, 2028 [Member]
Extended the Maturity Date to March 6, 2028
Total CRE loans held-for-investment and related receivables, net
CRE Loans
Commercial Real Estate Loans Held For Investment [Member]
Commercial Real Estate Loans Held For Investment [Member]
Subsequent Event [Line Items]
Subsequent Event [Line Items]
Condominium developments
Development in Process
Common Stock
Common Stock [Member]
Vested (in shares)
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Vested in Period
Less: accumulated depreciation and amortization
Real Estate Investment Property, Accumulated Depreciation
Net increase (decrease) in cash and cash equivalents and restricted cash
Cash, Cash Equivalent, Restricted Cash, and Restricted Cash Equivalent, Period Increase (Decrease), Including Exchange Rate Effect and Discontinued Operation
Decatur, AL
Decatur, AL 2 [Member]
Decatur, AL 2 [Member]
Weighted average number diluted shares outstanding adjustment (shares)
Weighted Average Number of Shares Outstanding, Diluted, Adjustment
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
Significant Accounting Policies [Text Block]
Tallahassee, FL
Tallahassee, FL 1 [Member]
Tallahassee, FL 1
Statistical Measurement [Domain]
Statistical Measurement [Domain]
Offering agreement, expense reimbursement percentage
Advisory and Management Agreement, Reimbursement of Expenses, Percent
Advisory and Management Agreement, Reimbursement of Expenses, Percent
Future minimum rental payments, thereafter
Lessee, Operating Lease, Liability, to be Paid, after Year Five
Amortized Cost Basis
Total
Debt Securities, Available-for-Sale, Amortized Cost, Excluding Accrued Interest, before Allowance for Credit Loss
Related Party Transaction [Axis]
Related Party Transaction [Axis]
Principle payment received
Proceeds from Collection of Finance Receivables
Real Estate [Domain]
Real Estate [Domain]
Parchment, MI
Parchment, MI [Member]
Parchment, MI [Member]
Interest Rate Swaps
Interest Rate Swap [Member]
Deferred financing costs paid
Payments of Financing Costs
Hospitality / Various
Hospitality / Various [Member]
Hospitality / Various
Gain on investment in unconsolidated entities
Gain on investment in unconsolidated entities
Income (Loss) from Equity Method Investments
Leases [Abstract]
Leases [Abstract]
Transfer to real estate assets
Financing Receivable, Transfer To Real Estate Assets
Financing Receivable, Transfer To Real Estate Assets
United Oil:
United Oil [Member]
United Oil [Member]
2029
Lessor, Operating Lease, Payment to be Received, Year Four
Intangible Asset, Acquired, Finite-Lived [Line Items]
Intangible Asset, Acquired, Finite-Lived [Line Items]
Loan Facility
Loan Facility [Member]
Loan Facility
Office / Houston, Texas
Office / Houston, Texas [Member]
Office / Houston, Texas
Multifamily / Miami, Florida
Multifamily Miami, Florida [Member]
Multifamily Miami, Florida
Industrial / Various
Industrial / Various [Member]
Industrial / Various
Losses
Debt Securities, Available-for-Sale, Accumulated Gross Unrealized Loss, before Tax
Indianapolis, IN
Indianapolis, IN 1 [Member]
Indianapolis, IN 1
Trading Arrangements, by Individual
Trading Arrangements, by Individual [Table]
Provision for credit losses
Provision for credit losses
Debt Securities, Available-for-Sale, Excluding Accrued Interest, Transfer in, Allowance for Credit Loss, Expense
Basic (in usd per share)
Earnings Per Share, Basic
Intangible lease liabilities
Intangible Lease Liabilities [Member]
Intangible Lease Liabilities
Accrued expenses and accounts payable
Increase (Decrease) in Accounts Payable and Accrued Liabilities
West Chester, OH
West Chester,OH [Member]
West Chester,OH
Number of properties acquired
Number of Real Estate Properties Acquired
Number of Real Estate Properties Acquired
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Table]
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Table]
Equitization of securities, number of positions
Equitization of Securities, Number of Positions
Equitization of Securities, Number of Positions
Distributions Per Share
Distributions To Shareholders Policy [Policy Text Block]
Disclosure of accounting policy for distributions to shareholders including dividends.
Number of properties used as collateral
Number Of Properties Used As Collateral
Number Of Properties Used As Collateral
Total deductions
Real Estate Accumulated Depreciation, Total Deductions
Total deductions to accumulated depreciation for real estate assets.
Discount Rate
Measurement Input, Discount Rate [Member]
Total other comprehensive income (loss)
Other Comprehensive Income (Loss), Net of Tax
Schedule of Segment Information
Schedule of Segment Reporting Information, by Segment [Table Text Block]
Accrued interest receivable
Increase (Decrease) in Accrued Interest Receivable, Net
Bloomington, IN
Bloomington, IN [Member]
Bloomington, IN
Asheboro, NC
Asheboro, NC [Member]
Asheboro, NC [Member]
Debt instrument, basis spread on variable additional rate
Debt Instrument, Basis Spread On Variable, Additional Rate
Debt Instrument, Basis Spread On Variable, Additional Rate
Measurement Input Type [Domain]
Measurement Input Type [Domain]
Valeo North American HQ:
Valeo NA HQ [Member]
Valeo NA HQ
Due to affiliates
Affiliated Entity [Member]
Office / Irvine, California
Office Irvine, California [Member]
Office Irvine, California
Fair Value, Recurring and Nonrecurring [Table]
Impaired Long-Lived Asset, Held and Used [Table]
Real estate acquired via deed-in-lieu of foreclosure
Noncash Or Part Noncash Acquisition, Properties Acquired Via Foreclosure
Noncash Or Part Noncash Acquisition, Properties Acquired Via Foreclosure
Award Timing MNPI Disclosure
Award Timing MNPI Disclosure [Text Block]
Below market lease accumulated amortization
Below Market Lease, Accumulated Amortization
Aggregate gross sales price
Proceeds from Sale of Productive Assets
3
Internal Credit Rating Three [Member]
Internal Credit Rating Three [Member]
VIE, Primary Beneficiary
Variable Interest Entity, Primary Beneficiary [Member]
Accounts and Financing Receivables [Table]
Accounts and Financing Receivables [Table]
Investment in unconsolidated entities
Payments to acquire equity method investments
Payments to Acquire Equity Method Investments
Compensation expense
Share-Based Payment Arrangement, Expense
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill and Intangible Assets Disclosure [Abstract]
Florence, AL
Florence, AL [Member]
Florence, AL
Total liabilities, redeemable common stock and equity
Liabilities and Equity
San Diego, CA
San Diego, CA 5 [Member]
San Diego, CA 5
Stock repurchase program, required holding period (in years)
Stock Repurchase Program, Required Holding Period
The required holding period for shareholders to be able to redeem their shares under the entity's share redemption program.
Bridgeton, MO
Bridgeton, MO [Member]
Bridgeton, MO
Concentration Risk Benchmark [Axis]
Concentration Risk Benchmark [Axis]
Management fee percentage, performance fee
Management Fee Agreement, Performance Fee Percentage
Management Fee Agreement, Performance Fee Percentage
Sale of loans
Financing Receivable, Sale, Net Book Value
Financing Receivable, Sale, Net Book Value
Equity Method Investment [Table]
Equity Method Investment [Table]
Term b
Debt Covenant Term Two [Member]
Debt Covenant Term Two [Member]
Accounting Policies [Abstract]
Accounting Policies [Abstract]
Concentration Risk Type [Domain]
Concentration Risk Type [Domain]
East
US East Region [Member]
Repurchase facilities, notes payable and credit facilities
Repurchase Facilities, Notes Payable and Credit Facilities [Member]
Repurchase Facilities, Notes Payable and Credit Facilities
2025
Financing Receivable, Excluding Accrued Interest, Year One, Originated, Current Fiscal Year
Pay vs Performance Disclosure [Line Items]
Lease liability
Operating Lease, Liability
Total deductions
Real Estate, Total Deductions
The total amount of real estate dispositions, reductions to property basis or impairment of real estate assets during the period.
Total
Lessor, Operating Lease, Payment to be Received
Line of Credit Facility, Lender [Domain]
Line of Credit Facility, Lender [Domain]
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Abstract]
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Abstract]
Restricted Stock Units (Manager Plan)
Manager Equity Incentive Plan, 2024 [Member]
Manager Equity Incentive Plan, 2024
Loans sold
Financing Receivable, Sale
Depreciation and amortization
Depreciation and amortization
Depreciation, Depletion and Amortization, Nonproduction
Percentage of convertible RSU payable in cash
Share-Based Compensation Arrangement by Share-Based Payment Award, Percentage of Converted RSU Payable in Cash
Share-Based Compensation Arrangement by Share-Based Payment Award, Contingent Right to Receivable Cash Value Percentage
CRE loans
CRE loans [Member]
CRE loans
Real Estate Assets, Recoverability of Real Estate Assets, Assets Held for Sale, and Dispositions of Real Estate Assets
Real Estate, Policy [Policy Text Block]
Other (including provisions for impairment of real estate assets)
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate, Other Deduction
Development Activities
Real Estate Held for Development and Sale, Policy [Policy Text Block]
Fort Myers, FL
Fort Myers, FL 2 [Member]
Fort Myers, FL 2
Deutsche Bank
Deutsche Bank [Member]
Deutsche Bank
Redemptions of common stock (in shares)
Redemptions of common stock (in shares)
Stock Redeemed or Called During Period, Shares
Collections of principal
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate, Collections of Principal
Acquisitions - Depreciation expense for building, acquisitions costs and tenant improvements acquired
Real Estate Accumulated Depreciation, Depreciation Expense, Building and Tenant Improvements Acquired
The depreciation expense for building, acquisition costs and tenant improvements acquired.
Reconciliation of Carrying Amount of Real Estate Investments [Roll Forward]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate [Roll Forward]
Debt maturities
Long-Term Debt, Current Maturities
2023
Financing Receivable, Excluding Accrued Interest, Year Three, Originated, Two Years before Current Fiscal Year
Statement of Cash Flows [Abstract]
Statement of Cash Flows [Abstract]
Company Selected Measure Amount
Company Selected Measure Amount
Future minimum rental payments, 2027
Lessee, Operating Lease, Liability, to be Paid, Year Three
Comprehensive income (loss) attributable to the Company
Comprehensive Income (Loss), Net of Tax, Attributable to Parent
Capitalized interest income on real estate-related securities
Real Estate Securities, Capitalized Interest
Real Estate Securities, Capitalized Interest
Management fee percent per quarter
Property Management Fee, Quarterly Percent Fee
Property Management Fee, Quarterly Percent Fee
Measurement Input Type [Axis]
Measurement Input Type [Axis]
Disposal Group Name [Domain]
Disposal Group Name [Domain]
Name
Measure Name
Mezzanine Loans
Mezzanine Loans [Member]
Mezzanine Loans [Member]
Due within one year
Debt Securities, Available-for-Sale, Fair Value, Maturity, Allocated and Single Maturity Date, Year One
Dundee, MI
Dundee,MI [Member]
Dundee,MI
Schedule of Reconciliation of the Changes in Liabilities With Level 3 Inputs
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Table Text Block]
Principal payments received on real estate-related securities
Proceeds from Maturities, Prepayments and Calls of Debt Securities, Available-for-Sale
Class of Stock [Line Items]
Class of Stock [Line Items]
Industry Sector [Domain]
Industry Sector [Domain]
Mass Mutual
Massachusetts Mutual Life Insurance Company [Member]
Massachusetts Mutual Life Insurance Company
Monroe, MI
Monroe, MI [Member]
Monroe, MI
Property operating
Property operating
Property Operating Expense
Property Operating Expense
Deferred rental income and other liabilities
Increase Decrease in Deferred Rent and Other Liabilities
The increase (decrease) in the amounts received by the entity that represent rents paid in advance; and the increase (decrease) during the reporting period in other operating liabilities not separately disclosed in the statement of cash flows.
Williamsburg, VA
Williamsburg, VA [Member]
Williamsburg, VA [Member]
External acquisition-related expenses
Other Expense from Real Estate Partnership Operations
Repurchase facilities, notes payable and credit facilities, net
Debt outstanding
Repurchase facilities and securitized debt, net of deferred fees
Total debt, net, Beginning Balance
Total debt, net, Ending Balance
Long-Term Debt
Legal Entity [Axis]
Legal Entity [Axis]
Total assets
Total assets
Total assets
Assets
2026
Finite-Lived Intangible Asset, Expected Amortization, Year One
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, Credit Quality Indicator [Line Items]
Real Estate [Table]
Real Estate [Table]
Organization and Business [Line Items]
Organization And Business [Line Items]
[Line Items] for Organization And Business [Table]
Investment in CLO subordinated note
Debt Securities, Available-for-Sale, Equity Securities
Debt Securities, Available-for-Sale, Equity Securities
Cash and Cash Equivalents and Restricted Cash
Cash and Cash Equivalents, Restricted Cash and Cash Equivalents, Policy [Policy Text Block]
Geographical [Domain]
Geographical [Domain]
Income Taxes
Income Tax, Policy [Policy Text Block]
Accrued deferred financing costs
Debt Issuance Costs Incurred During Noncash or Partial Noncash Transaction
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Net investments in debt securities
Debt Securities
Cash flows from operating activities:
Cash Provided by (Used in) Operating Activity, Including Discontinued Operation [Abstract]
Conway, AR
Conway, AR [Member]
Conway, AR [Member]
Acquired real estate asset, type [Axis]
Acquired real estate asset, type [Axis]
Acquired real estate asset, type [Axis]
Leighton, AL
Leighton, AL [Member]
Leighton, AL
Chick-Fil-A:
Chick-Fil-A [Member]
Chick-Fil-A
Acquired finite-lived intangible assets, weighted average useful life (in years)
Acquired Finite-Lived Intangible Assets, Weighted Average Useful Life
Total additions
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate, Accumulated Depreciation, Depreciation Expense
Investment in Corporate Senior Loans
Investment in Corporate Senior Loans [Member]
Investment in Corporate Senior Loans
Concentration Risk Type [Axis]
Concentration Risk Type [Axis]
Total real estate assets, at cost
Real estate investment property, at cost
Real Estate Investment Property, at Cost
Capital gain distributions
Capital Gain Distributions, Percentage of Dividends
Capital Gain Distributions, Percentage of Dividends
Amortization and accretion on deferred loan fees
Amortization of Deferred Loan Origination Fees, Net
Financial assets:
Assets, Fair Value Disclosure [Abstract]
2029
Finite-Lived Intangible Asset, Expected Amortization, Year Four
Summerville, SC
Summerville, SC [Member]
Summerville, SC [Member]
New Point JV, LLC
New Point JV, LLC [Member]
New Point JV, LLC
Distributions declared per common share (in usd per share)
Common Stock, Dividends, Per Share, Declared
Entity Common Stock, Shares Outstanding
Entity Common Stock, Shares Outstanding
Debt Securities, Available-for-sale [Line Items]
Debt Securities, Available-for-Sale [Line Items]
First Mortgage Loan And Mezzanine Loan
First Mortgage Loan And Mezzanine Loan [Member]
First Mortgage Loan And Mezzanine Loan
Independence, MO
Independence, MO 1 [Member]
Independence, MO 1
Level 2
Significant Other Observable Inputs (Level 2)
Fair Value, Inputs, Level 2 [Member]
Document Financial Statement Error Correction
Document Financial Statement Error Correction [Flag]
Percent of lending guaranteed (up to)
Guarantee Obligation, Percent Of Lending Guaranteed, Maximum
Guarantee Obligation, Percent Of Lending Guaranteed, Maximum
Equity method investments
Equity Method Investments
Insider Trading Policies and Procedures Not Adopted
Insider Trading Policies and Procedures Not Adopted [Text Block]
Debt Instrument, Reinvestment, Period [Axis]
Debt Instrument, Reinvestment, Period [Axis]
Debt Instrument, Reinvestment, Period [Axis]
Future Minimum Rental Income
Lessee, Operating Lease, Liability, to be Paid, Fiscal Year Maturity [Abstract]
Dickson City, PA
Dickson City, PA 1 [Member]
Dickson City, PA 1
CLR
Related Party [Member]
Condominium developments
Condominium Developments [Member]
Condominium Developments
Weighted Average Risk Rating
Financing Receivable, Weighted Average Risk Rating
Financing Receivable, Weighted Average Risk Rating
Plan Name [Axis]
Plan Name [Axis]
PEO
PEO [Member]
AAA Office Park:
AAA Office Park [Member]
AAA Office Park
5
Internal Credit Rating Five [Member]
Internal Credit Rating Five [Member]
Cedar Hill, TX
Cedar Hill, TX 2 [Member]
Cedar Hill, TX 2
Preferred Units
Preferred Units [Member]
Preferred Units
Extended the Maturity Date from February 1, 2025 to April 1, 2027
Extended the Maturity Date from February 1, 2025 to April 1, 2027 [Member]
Extended the Maturity Date from February 1, 2025 to April 1, 2027
Beginning balance
Ending balance
Debt Securities, Available-for-Sale, Amortized Cost, Excluding Accrued Interest, before Allowance for Credit Loss, Noncurrent
Changes in operating assets and liabilities:
Adjustment to Reconcile Net Income to Cash Provided by (Used in) Operating Activity, Increase (Decrease) in Operating Capital [Abstract]
Lubbock, TX
Lubbock, TX 1 [Member]
Lubbock, TX 1
Net change in current expected credit loss
Provision for Other Losses
Weighted-average maximum years to maturity
Receivable With Imputed Interest, Weighted-Average Maturity
Receivable With Imputed Interest, Weighted-Average Maturity
Cash and cash equivalents and restricted cash, beginning of period
Cash and cash equivalents and restricted cash, end of period
Total cash and cash equivalents and restricted cash
Cash and cash equivalents
Cash, Cash Equivalent, Restricted Cash, and Restricted Cash Equivalent, Continuing Operation
Income Statement [Abstract]
Income Statement [Abstract]
Multifamily / Gainesville, Florida
Multifamily Gainesville, Florida [Member]
Multifamily Gainesville, Florida
Sale of Stock [Domain]
Sale of Stock [Domain]
Fair Value, Nonrecurring
Fair Value, Nonrecurring [Member]
Florence, SC
Florence, SC [Member]
Florence, SC [Member]
Unfunded First Mortgage Loans
Unfunded First Mortgage Loans [Member]
Unfunded First Mortgage Loans
Above-Market Leases
Acquired above-market leases
Above-market lease amortization
Above Market Leases [Member]
Customer Concentration Risk
Customer Concentration Risk [Member]
Multifamily / Phoenix, Arizona
Multifamily / Phoenix, Arizona [Member]
Multifamily / Phoenix, Arizona
Total Stockholders’ Equity
Parent [Member]
Net income (loss)
Net income (loss)
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest
Lubbock, TX
Lubbock, TX2 [Member]
Lubbock, TX2
2028
Lessor, Operating Lease, Payment to be Received, Year Three
Restatement does not require Recovery
Restatement Does Not Require Recovery [Text Block]
Schedule of Distribution Amount Per Share
Schedule Of Distribution Amount Per Share [Table Text Block]
Schedule Of Distribution Amount Per Share [Table Text Block]
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Schedule of Purchase Price Allocation for Asset Acquisition
Business Combination, Recognized Asset Acquired and Liability Assumed [Table Text Block]
City Area Code
City Area Code
Schedule of Current Expected Credit Loss
Schedule of Allowance for Financing Receivable
Financing Receivable, Allowance for Credit Loss [Table Text Block]
Award Timing, How MNPI Considered
Award Timing, How MNPI Considered [Text Block]
Bass Pro Shop:
Bass Pro Shop [Member]
Bass Pro Shop [Member]
Liquid corporate senior loans
Liquid Corporate Senior Loans
Liquid Senior Loans [Member]
Liquid Senior Loans
Walmart:
Wal-Mart [Member]
Wal-Mart [Member]
Metropolis, IL
Metropolis, IL [Member]
Metropolis, IL
Common stock, redemption price per share (in usd per share)
Common Stock, Redemption Price Per Share
Common Stock, Redemption Price Per Share
Number of loans, nonaccrual status
Financing Receivable, Number of Loans, Nonaccrual Basis
Financing Receivable, Number of Loans, Nonaccrual Basis
Cincinnati, OH
Cincinnati, OH [Member]
Cincinnati, OH [Member]
Hartselle, AL
Hartselle, AL [Member]
Hartselle, AL [Member]
Fort Myers, FL
Fort Myers, FL 1 [Member]
Fort Myers, FL 1
Cash flows from investing activities:
Cash Provided by (Used in) Investing Activity, Including Discontinued Operation [Abstract]
General and administrative
General and administrative
General and Administrative Expense
Repurchase facilities
Repurchase Facility [Member]
Repurchase Facility [Member]
Pay vs Performance Disclosure
Pay vs Performance Disclosure [Table]
Operating Lease, Liability, Statement of Financial Position [Extensible Enumeration]
Operating Lease, Liability, Statement of Financial Position [Extensible Enumeration]
Accrued interest receivable
Interest Receivable
CVS:
CVS [Member]
CVS [Member]
Properties Sold
Disposal Group, Disposed of by Sale, Not Discontinued Operations [Member]
Natural Grocers:
Natural Grocers [Member]
Natural Grocers [Member]
Incentive compensation fees
Incentive Fee Expense
Related Party Transactions [Abstract]
Related Party Transactions [Abstract]
Less: Deductions
Real Estate, Deductions [Abstract]
Real Estate, Deductions [Abstract]
Heber City, UT
Heber City, UT [Member]
Heber City, UT
Kroger:
Kroger [Member]
Kroger [Member]
Equity securities
Equity Securities, FV-NI
Fair Value
Debt Securities, Available-For-Sale [Roll Forward]
Debt Securities, Available-For-Sale [Roll Forward]
West Monroe, LA
West Monroe, LA [Member]
West Monroe, LA
Sacramento, CA
Sacramento, CA [Member]
Sacramento, CA [Member]
Impairment of real estate assets
Tangible Asset Impairment Charges
Modified loans, carrying value
Financing Receivable, Modified in Period, Amount
Extended the Maturity Date from February 6, 2026
Extended the Maturity Date from February 6, 2026 [Member]
Extended the Maturity Date from February 6, 2026
Conversion of loan held-for-investment to equity securities
Conversion Of Loan-Held-For-Investment To Equity Securities
Conversion Of Loan-Held-For-Investment To Equity Securities
Auditor Name
Auditor Name
Irving, TX
Irving, TX 1 [Member]
Irving, TX 1
Reinvestment Period 1
Reinvestment Period One [Member]
Reinvestment Period One
Management fee, percentage
Management Fee, Percentage Comparing Project Cost
Management Fee, Percentage Comparing Project Cost
Payment received in connection with loan modification
Financing Receivable, Loan Modification, Payment Received
Financing Receivable, Loan Modification, Payment Received
Other Performance Measure, Amount
Other Performance Measure, Amount
Property, plant and equipment, land and real estate assets, net tax basis
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate, Federal Income Tax Basis
Additions
Real Estate, Additions [Abstract]
Real Estate, Additions [Abstract]
Wood Dale, IL
Wood Dale,IL [Member]
Wood Dale,IL
Fair Value Measurements
Fair Value Measurement, Policy [Policy Text Block]
2026
Lessor, Operating Lease, Payment to be Received, Year One
Related Party [Domain]
Related and Nonrelated Parties [Domain]
Cambridge, MN
Cambridge, MN [Member]
Cambridge, MN [Member]
Hummelstown, PA
Hummelstown,PA [Member]
Hummelstown,PA
Troy, MI
Troy,MI [Member]
Troy,MI
Irving, TX
Irving, TX 2 [Member]
Irving, TX 2
Office / Tampa, Florida
Office / Tampa, Florida [Member]
Office / Tampa, Florida
Unrealized (Loss) Gain
Debt Securities, Available-For-Sale, Unrealized Gain (Loss) [Roll Forward]
Debt Securities, Available-For-Sale, Unrealized Gain (Loss) [Roll Forward]
Derivative Instrument [Axis]
Derivative Instrument [Axis]
Vesting [Axis]
Vesting [Axis]
Restricted cash
Restricted cash
Restricted Cash
Proceeds from the repayment on the CLO subordinated note
Debt Securities, Available-for-Sale, Proceeds From The Repayment Of Portfolio Investments
Debt Securities, Available-for-Sale, Proceeds From The Repayment Of Portfolio Investments
Capital in excess of par value
Additional Paid in Capital, Common Stock
Entity [Domain]
Entity [Domain]
Net cash provided by investing activities
Cash Provided by (Used in) Investing Activity, Including Discontinued Operation
West Bend, WI
West Bend,WI [Member]
West Bend,WI
Aggregate Change in Present Value of Accumulated Benefit for All Pension Plans Reported in Summary Compensation Table
Aggregate Change in Present Value of Accumulated Benefit for All Pension Plans Reported in Summary Compensation Table [Member]
Number of tranches
Debt Instrument, Number Of Tranches
Debt Instrument, Number Of Tranches
Interest paid
Interest Paid, Excluding Capitalized Interest, Operating Activity
Document Fiscal Year Focus
Document Fiscal Year Focus
Mortgage Loan
Mortgage Loan [Member]
Mortgage Loan
Basis of Accounting
Basis of Accounting, Policy [Policy Text Block]
Lender Name [Axis]
Lender Name [Axis]
Accretion and amortization of fees and other items
Financing Receivable, Accretion (Amortization) Of Fees And Other Items
Financing Receivable, Accretion (Amortization) Of Fees And Other Items
Operating Lease, Right-of-Use Asset
Operating Lease, Right-of-Use Asset
MT-FT JV
MT-FT JV [Member]
MT-FT JV
Deferred costs, Amortization
Amortization of Financing Costs, Excluding Costs Related To Revolving Credit Facility
Amortization of Financing Costs, Excluding Costs Related To Revolving Credit Facility
Sanford, FL
Sanford, FL [Member]
Sanford, FL [Member]
Los Angeles, CA
Los Angeles, CA 8 [Member]
Los Angeles, CA 8
Equity Method Investment, Nonconsolidated Investee [Axis]
Equity Method Investment, Nonconsolidated Investee [Axis]
Term loan
Term Loan [Member]
Term Loan [Member]
Plan Name [Domain]
Plan Name [Domain]
Net Book Value
Reported Value Measurement [Member]
Transaction-related
Transaction-related
Business Combination, Acquisition-Related Cost, Expense
Corporate Senior Loans
Corporate Senior Loans
Corporate Senior Loan [Member]
Corporate Senior Loan
Real Estate [Abstract]
Real Estate [Abstract]
Equity [Abstract]
Equity [Abstract]
Hospitality / New Orleans, Louisianna
Hospitality / New Orleans , Louisianna [Member]
Hospitality / New Orleans , Louisianna
Madison, AL
Madison, AL 2 [Member]
Madison, AL 2
Buildings
Building [Member]
West
US West Region [Member]
Derivative Instruments and Hedging Activities
Derivatives, Policy [Policy Text Block]
SEGMENT REPORTING
Segment Reporting Disclosure [Text Block]
Capitalized interest income
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability, Capitalized Interest Income
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability, Capitalized Interest Income
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Senior loan
Senior Loans [Member]
Schedule of Acquired Finite-Lived Intangible Asset by Major Class [Table]
Schedule of Acquired Finite-Lived Intangible Asset by Major Class [Table]
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Finite-Lived Intangible Assets [Line Items]
Finite-Lived Intangible Assets [Line Items]
Number of investments
Debt Securities, Available For Sale, Number Of Positions
Debt Securities, Available For Sale, Number Of Positions
Compensation Actually Paid vs. Total Shareholder Return
Compensation Actually Paid vs. Total Shareholder Return [Text Block]
Fair Value, Recurring and Nonrecurring [Table]
Fair Value, Recurring and Nonrecurring [Table]
Amortization of Intangible Assets
Amortization of Intangible Assets
Payment of property escrow deposits
Payments for Deposits on Real Estate Acquisitions
Conversion to equity securities
Financing Receivable, Conversion to Equity Securities
Financing Receivable, Conversion to Equity Securities
Redemptions of common stock
Redemptions of common stock
Stock Redeemed or Called During Period, Value
Deferred fees and other items
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate, Other Deduction
Investment in real estate assets and capital expenditures
Payments For Investment In Real Estate Assets And Capital Expenditures
Payments For Investment In Real Estate Assets And Capital Expenditures
A-3 (AA)
Class A-3 [Member]
Class A-3
Depreciation and amortization, net
Depreciation, Depletion and Amortization
Dover, OH
Dover,OH [Member]
Dover,OH
Industrial
Industrial Property [Member]
Expense reimbursements to related parties
Expense reimbursements to related parties
Costs and Expenses, Related Party
Goose Creek, SC
Goose Creek, SC [Member]
Goose Creek, SC
Number of loan investments
Number of Financing Receivables, Loan Investments
Number of Financing Receivables, Loan Investments
2022 Equity Incentive Plan
Restricted Stock Grants (2022 Plan)
Restricted Stock Grants (2022 Plan)
CCPT IV 2022 Equity Incentive Plan [Member]
CCPT IV 2022Equity Incentive Plan
Revolving Credit Facility
Revolving Credit Facility [Member]
Write-off of deferred financing costs
Deferred Debt Issuance Cost, Writeoff
Arrangement Duration
Trading Arrangement Duration
Incentive compensation in excess of product, annualized percentage
Incentive Compensation, In Excess Of Product, Annualized Percentage
Incentive Compensation, In Excess Of Product, Annualized Percentage
Loan originations, acquisitions and funding
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate, New Mortgage Loan
North Dartmouth, MA
North Dartmouth,MA [Member]
North Dartmouth,MA
Investment sub-advisory fees, percent per quarter
Investment Sub Advisory Fee, Quarterly Percent Fee
Investment Sub Advisory Fee, Quarterly Percent Fee
Transfer to real estate assets
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate, Transfer To Real Estate Assets
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate, Transfer To Real Estate Assets
Segments [Axis]
Segments [Axis]
Office / Atlanta, Georgia
Office / Atlanta, Georgia [Member]
Office / Atlanta, Georgia
Local Phone Number
Local Phone Number
Additional 402(v) Disclosure
Additional 402(v) Disclosure [Text Block]
Share price (in usd per share)
Share Price
Termination period (in days)
Related Party Transaction, Termination Period
Related Party Transaction, Termination Period
Thereafter
Long-Term Debt, Maturity, after Year Five
Stock repurchased and retired during period (in shares)
Stock Repurchased and Retired During Period, Shares
Intangible lease liabilities, net
Off-Market Lease, Unfavorable
South
South America [Member]
Lakewood, CA
Lakewood, CA [Member]
Lakewood, CA
ASSETS
Assets:
Assets [Abstract]
Credit Facility [Axis]
Credit Facility [Axis]
Underlying Security Market Price Change
Underlying Security Market Price Change, Percent
Debt Instrument [Axis]
Debt Instrument [Axis]
San Antonio, TX
San Antonio, TX 4 [Member]
San Antonio, TX 4
FAIR VALUE MEASUREMENTS
Fair Value Disclosures [Text Block]
Corporate/Other
Corporate And Reconciling Items [Member]
Corporate And Reconciling Items [Member]
Loss on extinguishment of debt
Loss on extinguishment of debt
Gain (Loss) on Extinguishment of Debt
Credit Facility [Domain]
Credit Facility [Domain]
Unrealized gain (loss) on equity securities
Unrealized gain on equity security
Debt and Equity Securities, Unrealized Gain (Loss)
EQUITY
Equity, Attributable to Parent [Abstract]
Buildings, fixtures and improvements
Investment Building and Building Improvements
Apex Technologies:
Apex Technoligies [Member]
Apex Technoligies
2023 Property Acquisitions
2023 Property Acquisitions [Member]
2023 Property Acquisitions
Dearborn Heights, MI
Dearborn Heights, MI [Member]
Dearborn Heights, MI [Member]
Net balance, end of period
Balance, beginning of period
Net balance, end of period
SEC Schedule, 12-29, Real Estate Companies, Investment In Mortgage Loans On Real Estate Net
SEC Schedule, 12-29, Real Estate Companies, Investment In Mortgage Loans On Real Estate Net
Property Disposition 2023
Property Disposition 2023 [Member]
Property Disposition 2023
Below-Market Leases
Below Market Lease, Amortization Income, Maturity Schedule [Abstract]
Note Rate
Note Rate
Debt Instrument, Interest Rate, Stated Percentage
Investment, Name [Axis]
Investment, Name [Axis]
Nonaccrual status with a carrying value
Fair Value, Option, Loans Held as Assets, Aggregate Amount in Nonaccrual Status
Real Estate Properties [Domain]
Real Estate Properties [Domain]
2025 Property Acquisitions
2025 Property Acquisitions [Member]
2025 Property Acquisitions
Entity Voluntary Filers
Entity Voluntary Filers
J.P.Morgan
J.P.Morgan Chase Bank, N.A. [Member]
J.P.Morgan Chase Bank, N.A. [Member]
Reinvestment Period 2
Reinvestment Period Two [Member]
Reinvestment Period Two
Dollar General:
Dollar General [Member]
Dollar General [Member]
Dave & Buster's
Dave & Buster's [Member]
Dave & Buster's
San Antonio, TX
San Antonio, TX 5 [Member]
San Antonio, TX 5
Reinvestment period
Debt Instrument, Reinvestment Period
Debt Instrument, Reinvestment Period
Number of liquid corporate senior loans closed
Number of Liquid Corporate Senior Loans Closed
Number of Liquid Corporate Senior Loans Closed
Land
Land
Popeyes:
Popeyes [Member]
Popeyes [Member]
Entity Registrant Name
Entity Registrant Name
Expense reimbursements to related parties
Expense Reimbursements To Related Parties [Member]
Expense Reimbursements To Related Parties
Single-Tenant Properties
Single-Tenant Properties [Member]
Single-Tenant Properties [Member]
Operating lease, discount rate (as a percent)
Lessee, Operating Lease, Discount Rate
Stock Price or TSR Estimation Method
Stock Price or TSR Estimation Method [Text Block]
Hospitality / Orlando, Florida
Hospitality / Orlando, Florida [Member]
Hospitality / Orlando, Florida
Other (including provisions for impairment of real estate assets)
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate, Accumulated Depreciation, Other Deduction
A-2 (AAA)
Class A-2 [Member]
Class A-2
Total financial assets
Assets, Fair Value Disclosure
Increase in provision for credit losses
Increase in provision for credit losses
Provision for Loan, Lease, and Other Losses
Gainestown, AL
Gainestown, AL [Member]
Gainestown, AL
Number of positions with unrealized losses
Debt Securities, Available-for-Sale, Unrealized Loss Position, Number of Positions
Number of originated loan investments
Number of Originated Loan Investments
Number of Originated Loan Investments
Amortization of premiums and discounts on credit investments
Accretion (Amortization) of Discounts and Premiums, Investments
Independence, MO
Independence, MO 2 [Member]
Independence, MO 2
Term a
Debt Covenant Term One [Member]
Debt Covenant Term One [Member]
Investment in equity securities
Payments to Acquire Equity Securities, FV-NI
Schedule of Debt
Schedule of Debt [Table Text Block]
Flowood, MS
Flowood, MS [Member]
Flowood, MS [Member]
Real Estate Property Ownership [Axis]
Real Estate Property Ownership [Axis]
Granted (in usd per share)
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Grants in Period, Weighted Average Grant Date Fair Value
Related Party [Axis]
Related and Nonrelated Parties [Axis]
Intangible lease assets
Intangible Lease Assets [Member]
Intangible Lease Assets [Member]
Restatement Determination Date:
Restatement Determination Date [Axis]
Shelton, WA
Shelton, WA [Member]
Shelton, WA [Member]
Self-Storage / Various
Self-Storage / Various [Member]
Self-Storage / Various
Cochecton, NY
Cochecton, NY [Member]
Cochecton, NY
Equity-based compensation
Shares Issued, Value, Share-Based Payment Arrangement, after Forfeiture
Acquisition, Disposition and Operating Activities Fees and Expenses
Acquisition, Disposition and Operating Activities Fees and Expenses [Member]
Acquisition, Disposition and Operating Activities Fees and Expenses
Loans Held-for-Investment
Financing Receivable, Held-for-Investment [Policy Text Block]
Unfulfilled redemption requests (in shares)
Stock Redeemed or Called During Period, Requests Under Review, Shares
Stock Redeemed or Called During Period, Requests Under Review, Shares
Fortuna, CA
Fortuna, CA [Member]
Fortuna, CA [Member]
Name
Trading Arrangement, Individual Name
Sale price
Sale of real estate-related securities
Debt Securities, Available-For-Sale, Sold
Debt Securities, Available-For-Sale, Sold
Simpsonville, SC
Simpsonville, SC [Member]
Simpsonville, SC [Member]
Prior
Financing Receivable, Originated, More than Five Years before Current Fiscal Year, Writeoff
Contiguous mezzanine loan components
Financing Receivable, Contiguous Mezzanine Loan Components
Financing Receivable, Contiguous Mezzanine Loan Components
Initial Principal Balance
Debt Instrument, Face Amount
Bennettsville, SC
Bennettsville, SC [Member]
Bennettsville, SC
Statement of Comprehensive Income [Abstract]
Statement of Comprehensive Income [Abstract]
Equity issued by the company, minimum (as a percent)
Debt Instrument, Covenant, Equity Issued By The Company, Minimum, Percent
Debt Instrument, Covenant, Equity Issued By The Company, Minimum, Percent
Senior Loan
Senior Loan [Member]
Senior Loan [Member]
Share Repurchase Program [Axis]
Share Repurchase Program [Axis]
Name
Awards Close in Time to MNPI Disclosures, Individual Name
Santa Fe, NM
Santa Fe, NM [Member]
Santa Fe, NM
RTL Common Stock
RTL Common Stock [Member]
RTL Common Stock
Total unrealized gain (loss) on interest rate swap
AOCI, Cash Flow Hedge, Cumulative Gain (Loss), after Tax
Management fee, catch-up fee trigger, percent of average adjusted capital, founder share classes
Management Fee Agreement, Catch-Up Fee Trigger, Percent of Average Adjusted Capital, Founder Share Classes
Management Fee Agreement, Catch-Up Fee Trigger, Percent of Average Adjusted Capital, Founder Share Classes
Aggregate Erroneous Compensation Not Yet Determined
Aggregate Erroneous Compensation Not Yet Determined [Text Block]
Austin, TX
Austin, TX 2 [Member]
Austin, TX 2
Interest exceeding variable percentage
Financing Receivable, Modified in Period, Accrual of Payment-In-Kind Interest for Portion of Interest Exceeding Variable Percentage
Financing Receivable, Modified in Period, Accrual of Payment-In-Kind Interest for Portion of Interest Exceeding Variable Percentage
Unfunded loan commitments
Other Commitment
ICFR Auditor Attestation Flag
ICFR Auditor Attestation Flag
Office / Duluth, Georgia
Office Duluth, Georgia [Member]
Office Duluth, Georgia [Member]
A-6 (A)
Class A-6 [Member]
Class A-6
Auditor Firm ID
Auditor Firm ID
Segments [Domain]
Segments [Domain]
Advisory agreements, term (in years)
Advisory and Management Agreement, Term
Advisory and Management Agreement, Term
REAL ESTATE-RELATED SECURITIES AND OTHER
Investments in Debt and Marketable Equity Securities (and Certain Trading Assets) Disclosure [Text Block]
Management fee percentage, founder share classes
Management Fee, Percentage of NAV Per Share, Founder Share Classes
Percentage of management fee, founder share classes
Fair Value Hierarchy and NAV [Domain]
Fair Value Hierarchy and NAV [Domain]
Alder Creek, NY
Alder Creek, NY [Member]
Alder Creek, NY
Amortization
Amortization of Debt Issuance Costs and Discounts
CMBS and Equity Securities
Commercial Mortgage-Backed Securities and Equity Securities [Member]
Commercial Mortgage-Backed Securities and Equity Securities
Earnings (Loss) and Distributions Per Share
Earnings Per Share, Policy [Policy Text Block]
Investment in Unconsolidated Entities
Consolidation, Subsidiaries or Other Investments, Consolidated Entities, Policy [Policy Text Block]
Norco, CA
Norco, CA [Member]
Norco, CA
Reserves for Settlement of Loan Acquisitions
Reserves For Settlement Of Loan Acquisitions [Member]
Reserves For Settlement Of Loan Acquisitions [Member]
Senior Notes
Senior Notes [Member]
Additional equity method investments
Contributed Capital, Equity Method Investments
Contributed Capital, Equity Method Investments
Asheville, NC
Asheville, NC 1 [Member]
Asheville, NC 1
Schedule of Amortization Expense Related to the Intangible Lease Assets
Finite-Lived Intangible Assets Amortization Expense [Table Text Block]
Preferred stock, $0.01 par value per share; 10,000,000 shares authorized, none issued and outstanding
Preferred Stock, Value, Issued
Camping World:
Camping World [Member]
Camping World [Member]
Estimated Fair Value
Debt Securities, Available-for-Sale, Maturity, Allocated and Single Maturity Date, Fair Value [Abstract]
2024
Financing Receivable, Excluding Accrued Interest, Year Two, Originated, Fiscal Year before Current Fiscal Year
All Executive Categories
All Executive Categories [Member]
Yukon, OK
Yukon, OK [Member]
Yukon, OK
Common stock, $0.01 par value per share; 490,000,000 shares authorized, 436,908,325 and 437,313,001 shares issued and outstanding as of December 31, 2025 and December 31, 2024, respectively
Common Stock, Value, Issued
Commitments and contingencies (Note 12)
Commitments and Contingencies
Eminence, KY
Eminence, KY [Member]
Eminence, KY
Percentage of convertible RSU payable in stock
Share-Based Compensation Arrangement by Share-Based Payment Award, Percentage of Converted RSU Payable in Stock
Share-Based Compensation Arrangement by Share-Based Payment Award, Percentage of Converted RSU Payable in Stock
Wells Fargo
Wells Fargo [Member]
Wells Fargo [Member]
Comprehensive income (loss)
Comprehensive income (loss)
Comprehensive Income (Loss), Net of Tax, Including Portion Attributable to Noncontrolling Interest
Note payable
Loans Payable [Member]
Lawndale, CA
Lawndale, CA [Member]
Lawndale, CA [Member]
Schedule of Non-Vested Share Activity
Schedule of Nonvested Share Activity [Table Text Block]
Non-Controlling Interests
Noncontrolling Interest [Member]
Incentive compensation in excess of product, quarterly percentage
Incentive Compensation, In Excess Of Product, Quarterly Percentage
Incentive Compensation, In Excess Of Product, Quarterly Percentage
Restricted Cash and Cash Equivalent Item [Line Items]
Restricted Cash and Cash Equivalent Item [Line Items]
Idaho Falls, ID
Idaho Falls, ID [Member]
Idaho Falls, ID [Member]
Equity method investment, ownership percentage
Equity Method Investment, Ownership Percentage
Thereafter
Lessor, Operating Lease, Payment to be Received, after Year Five
Unfunded or Unsettled Liquid Corporate Senior Loans
Unfunded or Unsettled Liquid Senior Loans [Member]
Unfunded or Unsettled Liquid Senior Loans
Management fees
Management Fees [Member]
Management Fees
PEO Actually Paid Compensation Amount
PEO Actually Paid Compensation Amount
Due after ten years
Debt Securities, Available-for-Sale, Fair Value, Maturity, Allocated and Single Maturity Date, after Year 10
Chesapeake, VA
Chesapeake, VA 1 [Member]
Chesapeake, VA 1
Extended the Maturity Date January 7, 2025
Extended the Maturity Date January 7, 2025 [Member]
Extended the Maturity Date January 7, 2025
Mansfield, OH
Mansfield, OH 1 [Member]
Mansfield, OH 1
Foreclosure of Mezzanine Loans
Foreclosure Of Mezzanine Loans [Member]
Foreclosure Of Mezzanine Loans [Member]
Various
Various Region [Member]
Various Region
Plainfield, IL
Plainfield, IL [Member]
Plainfield, IL [Member]
Gallipolis, OH
Gallipolis, OH [Member]
Gallipolis, OH
Scenario [Axis]
Scenario [Axis]
Lowe’s:
Lowe's [Member]
Lowe's [Member]
Barclays
Barclays Bank PLC [Member]
Barclays Bank PLC
Tire Kingdom:
Tire Kingdom [Member]
Tire Kingdom [Member]
Raising Cane’s:
Raising Canes [Member]
Raising Canes [Member]
Rosemont, IL
Rosemont, IL [Member]
Rosemont, IL
Derivative Contract [Domain]
Derivative Contract [Domain]
Financing Receivable, Allowance for Credit Loss [Table]
Financing Receivable, Allowance for Credit Loss [Table]
Office / Boston, Massachusetts
Office Boston, Massachusetts [Member]
Office Boston, Massachusetts
Rental Unit
Rental Unit [Member]
Rental Unit [Member]
Fair Value Recurring Basis Unobservable Input Reconciliation Liability Gain Loss Statement Of Other Comprehensive Income Extensible List Not Disclosed Flag
Fair Value Recurring Basis Unobservable Input Reconciliation Liability Gain Loss Statement Of Other Comprehensive Income Extensible List Not Disclosed Flag
Fair Value Recurring Basis Unobservable Input Reconciliation Liability Gain Loss Statement Of Other Comprehensive Income Extensible List Not Disclosed Flag
Realized loss
Debt Securities, Available-for-Sale, Realized Loss
Extended the Maturity Date from February 7, 2025
Extended the Maturity Date from February 7, 2025 [Member]
Extended the Maturity Date from February 7, 2025
All Individuals
All Individuals [Member]
Long-term Debt, Type [Domain]
Long-Term Debt, Type [Domain]
First mortgage loans
First Mortgage Loans
First Mortgage Loans [Member]
First Mortgage Loans
Fair Value Disclosures [Abstract]
Fair Value Disclosures [Abstract]
Aggregate purchase price of acquired properties
Payments to Acquire Property, Plant, and Equipment
Investment advisory fee percentage, sub-advisory fee
Investment in Advisory Fee, Sub-Advisory Fee
Investment in Advisory Fee Percentage, Sub-Advisory Fee
Name
Forgone Recovery, Individual Name
Year-over-Year Change in Fair Value of Equity Awards Granted in Prior Years That are Outstanding and Unvested
Year-over-Year Change in Fair Value of Equity Awards Granted in Prior Years That are Outstanding and Unvested [Member]
Due to affiliates
Increase (Decrease) in Due to Affiliates
Disposal Group Classification [Axis]
Disposal Group Classification [Axis]
Debt, weighted average interest rate
Weighted Average Interest Rate
Debt, Weighted Average Interest Rate
Reconciliation of cash and cash equivalents and restricted cash to the consolidated balance sheets:
Cash, Cash Equivalent, Restricted Cash, and Restricted Cash Equivalent, Continuing Operation [Abstract]
Area of real estate property impaired
Area of Real Estate Property Impaired
Area of Real Estate Property Impaired
Third-Party, Number One
Third-Party, Number One [Member]
Third-Party, Number One
Tallahassee, FL
Tallahassee, FL 2 [Member]
Tallahassee, FL 2
Amortized Cost
Debt Securities, Available-for-Sale, Maturity, Allocated and Single Maturity Date, Amortized Cost [Abstract]
Deductions
Real Estate Accumulated Depreciation, Deductions [Abstract]
Real Estate Accumulated Depreciation, Deductions [Abstract]
Weaverville, NC
Weaverville, NC [Member]
Weaverville, NC [Member]
Real estate asset deemed to be impaired
Real Estate Investments, Impaired, Net
Real Estate Investments, Impaired, Net
Gain on disposition of real estate assets and condominium developments, net
Gain on disposition of real estate, net
Gain (Loss) on Sale of Properties
Erroneous Compensation Analysis
Erroneous Compensation Analysis [Text Block]
Intangible Asset, Finite-Lived [Table]
Intangible Asset, Finite-Lived [Table]
Line of Credit Facility [Line Items]
Line of Credit Facility [Line Items]
Geographical [Axis]
Geographical [Axis]
Industrial / Houston, Texas
Industrial / Houston, Texas [Member]
Industrial / Houston, Texas
Unrealized loss
OCI, Debt Securities, Available-for-Sale, Gain (Loss), before Adjustment, after Tax
Amortized Cost Basis
Debt Securities, Available-For-Sale, Amortized Cost [Roll Forward]
Debt Securities, Available-For-Sale, Amortized Cost [Roll Forward]
Safeway:
Safeway [Member]
Safeway
Rule 10b5-1 Arrangement Terminated
Rule 10b5-1 Arrangement Terminated [Flag]
Hospitality / Various
Hospitality / Various 1 [Member]
Hospitality / Various 1
LEASES
Lessor, Operating Leases [Text Block]
Caliber Collision Center:
Caliber Collision Center [Member]
Caliber Collision Center [Member]
Forecast
Forecast [Member]
Erroneously Awarded Compensation Recovery
Erroneously Awarded Compensation Recovery [Table]
Minimum liquidity
Debt Instrument, Covenant, Minimum Liquidity
Debt Instrument, Covenant, Minimum Liquidity
Capitalized interest
Financing Receivable, Capitalized Interest
Financing Receivable, Capitalized Interest
Concentration Risk Benchmark [Domain]
Concentration Risk Benchmark [Domain]
Interest income
Interest income
Interest Income, Operating
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate Schedule [Table]
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate Schedule [Table]
Cypress, TX
Cypress, TX [Member]
Cypress, TX [Member]
Arnold, MO
Arnold, MO [Member]
Arnold, MO [Member]
Current expected credit losses
Financing Receivable, Excluding Accrued Interest, Credit Loss Expense (Reversal)
North Wilkesboro, NC
North Wilkesboro, NC [Member]
North Wilkesboro, NC
Level 2 and Level 3
Fair Value, Inputs, Level 2 and Level 3 [Member]
Fair Value, Inputs, Level 2 and Level 3
San Clemente, CA
San Clemente, CA [Member]
San Clemente, CA
Dynatect Manufacturing
Dynatect Manufacturing [Member]
Dynatect Manufacturing
Principal Repayments
Long-Term Debt, Fiscal Year Maturity [Abstract]
Acquired above-market leases
Acquired Above-Market Leases
Acquired Above-Market Leases
Paid-in-Kind Interest
Paid-in-Kind Interest
Impairment of real estate, number of properties
Impairment of Real Estate, Number Of Properties
Impairment of Real Estate, Number Of Properties
Net income (loss) per common share:
Earnings Per Share [Abstract]
Waynesboro, VA
Waynesboro, VA [Member]
Waynesboro, VA
Defiance, OH
Defiance,OH [Member]
Defiance,OH
Future minimum rental payments, 2029
Lessee, Operating Lease, Liability, to be Paid, Year Five
Piqua, OH
Piqua, OH [Member]
Piqua, OH
Total other income
Total other (expense) income
Nonoperating Income (Expense)
Poplar Bluff, MO
Poplar Bluff, MO [Member]
Poplar Bluff, MO [Member]
Noncontrolling interest, ownership percentage by parent
Subsidiary, Ownership Percentage, Parent
Return of investment in unconsolidated entities
Proceeds from Equity Method Investment, Distribution, Return of Capital
Unrealized gain on real estate- related securities
Debt Securities, Available-for-Sale, Unrealized Gain
Due to Affiliates
Due to Affiliates [Policy Text Block]
The entity's accounting policy related to activity with affiliates.
Total debt, Repayments & Modifications
Debt Repayments And Modifications
Debt Repayments And Modifications
Increase in provision for credit losses
Provision for Other Credit Losses
Improvements - Depreciation expense for tenant improvements and building equipment
Real Estate Accumulated Depreciation, Depreciation Expense, Tenant Improvements And Building Equipment Acquired
The depreciation expense for tenant improvements and building equipment.
Pasadena, TX
Pasadena, TX [Member]
Pasadena, TX [Member]
Siemens:
Siemens [Member]
Siemens
Development in process, remaining capitalized expenses
Development In Process, Remaining Expenses
Development In Process, Remaining Expenses
Financing Receivable, Allowance for Credit Loss [Line Items]
Financing Receivable, Allowance for Credit Loss [Line Items]
Contributions from non-controlling interests
Noncontrolling Interest, Increase from Contributions from Noncontrolling Interest
Noncontrolling Interest, Increase from Contributions from Noncontrolling Interest
Award Timing Disclosures [Line Items]
Las Vegas, NV
Las Vegas, NV [Member]
Las Vegas, NV [Member]
Advisory agreements, notice of termination, term (in days)
Advisory and Management Agreement, Termination Notice, Term
Advisory and Management Agreement, Termination Notice, Term
Little Rock, AR
Little Rock, AR [Member]
Little Rock, AR
Measurement Frequency [Domain]
Measurement Frequency [Domain]
Protective advance
Financing Receivable, Protective Advance
Financing Receivable, Protective Advance
Capitalized interest income on real estate-related securities and loans held-for-investment
Capitalized Interest Income On Real Estate Related Securities And Loans Held For Investment
Capitalized Interest Income On Real Estate Related Securities And Loans Held For Investment
Hospitality / Various
Hospitality / Various 2 [Member]
Hospitality / Various 2
STOCKHOLDERS' EQUITY
Equity [Text Block]
2021
Financing Receivable, Year Five, Originated, Four Years before Current Fiscal Year, Writeoff
Kum & Go:
Kum & Go [Member]
Kum & Go [Member]
Loan Restructuring Modification [Domain]
Loan Restructuring Modification [Domain]
Total loans held-for-investment and related receivables, net
Net book value
Loans held-for-investment - at fair value, net of deferred fees
Total loans-held-for-investment and related receivables, net
Beginning balance
Ending balance
Financing Receivable, Excluding Accrued Interest, after Allowance for Credit Loss
Net income (loss) attributable to the Company
Net income
Net Income (Loss) Attributable to Parent
Hamilton, OH
Hamilton,OH [Member]
Hamilton,OH
Subsequent Event [Table]
Subsequent Event [Table]
Equity Method Investment, Nonconsolidated Investee [Domain]
Equity Method Investment, Nonconsolidated Investee [Domain]
Unrealized gain (loss) on CMBS
Senior Secured Mortgage Loans and Commercial Mortgage-Backed Securities [Member]
Senior Secured Mortgage Loans and Commercial Mortgage-Backed Securities
Vista, CA
Vista, CA 2 [Member]
Vista, CA 2
Stock redemption program, number of shares authorized to be repurchased, percentage of weighted average number of shares outstanding
Stock Repurchase Program, Number of Shares Authorized to be Repurchased, Prior Year Percentage of Weighted Average Number of Shares Outstanding
The threshold to determine the number of redemptions the entity redeems During the trailing 12 months prior to the end of the fiscal quarter to which the redemptions are being paid
Total real estate assets, net
Real Estate Investment Property, Net
Gross Amount at Which Carried
Balance, beginning of period
Balance, end of period
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate, Gross
Fixed rental and other property income
Operating Lease, Lease Income, Lease Payments
Dividend reinvestment plan, termination notice period (in days)
Dividend Reinvestment Plan, Termination Notice Period
The prior termination notice period required for any suspension or termination of the entity's dividend reinvestment plan.
Blytheville, AR
Blytheville, AR [Member]
Blytheville, AR
Accreted interest income
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability, Accreted Interest Income
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability, Accreted Interest Income
Notes payable – variable rate debt
Variable Rate Debt [Member]
Variable Rate Debt [Member]
Restrictions on Cash and Cash Equivalents [Table]
Restrictions on Cash and Cash Equivalents [Table]
Segment Reporting Information [Line Items]
Segment Reporting Information [Line Items]
Preferred stock, shares authorized (in shares)
Preferred Stock, Shares Authorized
Redemptions of common stock
Payments for Repurchase of Common Stock
Adoption Date
Trading Arrangement Adoption Date
Reclassifications
Reclassification, Comparability Adjustment [Policy Text Block]
Valeo Production Facility:
Valeo Production Facility [Member]
Valeo Production Facility
Clayton, GA
Clayton, GA [Member]
Clayton, GA
Mansfield, OH
Mansfield, OH 3 [Member]
Mansfield, OH 3
One-Month Term SOFR
One-Month Term SOFR [Member]
One-Month Term SOFR
Improvements
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate, Improvements
Schedule of Dividends and Distributions
Schedule Of Dividends And Distributions [Table Text Block]
Schedule Of Dividends And Distributions [Table Text Block]
Anderson, SC
Anderson, SC [Member]
Anderson, SC [Member]
Stated interest rate
Investment Interest Rate
Credit facilities
Line of Credit [Member]
Extended the Maturity Date from February 6, 2026 to March 6, 2028
Extended the Maturity Date from February 6, 2026 to March 6, 2028 [Member]
Extended the Maturity Date from February 6, 2026 to March 6, 2028
Aggregate fair value of acquisition
Payments to Acquire Real Estate
Amortization period
Amortization Period [Member]
Amortization Period [Member]
Name of Property [Axis]
Name of Property [Axis]
Syndicated Loans
Syndicated Loans [Member]
Syndicated Loans [Member]
Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested
Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested [Member]
Deferred costs, Repayments & Modifications
Repayments, Extinguishment and Assumptions of Debt, Deferred Costs, Amount
Repayments, Extinguishment and Assumptions of Debt, Deferred Costs, Amount
Economic Dependency [Abstract]
Economic Dependency [Abstract]
Economic Dependency [Abstract]
Management fee percentage, performance fee, hurdle rate, founder share classes
Management Fee Agreement, Performance Fee Percentage, Hurdle Rate, Founder Share Classes
Management Fee Agreement, Performance Fee Percentage, Hurdle Rate, Founder Share Classes
Revenue Recognition
Revenue Recognition, Leases [Policy Text Block]
Multifamily Property
Multifamily Property [Member]
Multifamily Property
Zanesville, OH
Zanesville, OH [Member]
Zanesville, OH [Member]
Subsequent Event Type [Domain]
Subsequent Event Type [Domain]
Intangible lease assets:
Finite-Lived Intangible Assets, Net [Abstract]
Aggregate Grant Date Fair Value of Equity Award Amounts Reported in Summary Compensation Table
Aggregate Grant Date Fair Value of Equity Award Amounts Reported in Summary Compensation Table [Member]
Total debt, net, Repayments & Modifications
Repayments, Extinguishment and Assumptions of Debt, Net
Repayments, Extinguishment and Assumptions of Debt, Net
Other income (expense), net
Other income, net
Other Nonoperating Income (Expense)
Statement [Table]
Statement [Table]
Adjustments to reconcile net income (loss) to net cash provided by operating activities:
Adjustment to Reconcile Net Income to Cash Provided by (Used in) Operating Activity [Abstract]
Cash flows from financing activities:
Cash Provided by (Used in) Financing Activity, Including Discontinued Operation [Abstract]
2
Internal Credit Rating Two [Member]
Internal Credit Rating Two [Member]
La Vista, NE
La Vista, NE [Member]
La Vista, NE [Member]
Columbus, WI
Columbus, WI [Member]
Columbus, WI
Whittier, CA
Whittier, CA [Member]
Whittier, CA [Member]
Variable Rate [Domain]
Variable Rate [Domain]
Leases
Lessor, Leases [Policy Text Block]
Northwood, OH
Northwood, OH [Member]
Northwood, OH
Discounts on purchase
Debt Securities, Available-for-Sale, Discounts on Purchase of Equity Securities, Net of Acquisition Costs
Debt Securities, Available-for-Sale, Discounts on Purchase of Equity Securities, Net of Acquisition Costs
Office / Phoenix, Arizona
Office / Phoenix, Arizona [Member]
Office / Phoenix, Arizona
Carlyle, IL
Carlyle, IL [Member]
Carlyle, IL
All Adjustments to Compensation
All Adjustments to Compensation [Member]
Amendment Flag
Amendment Flag
Shares reserved for issuance (in shares)
Share-Based Compensation Arrangement by Share-Based Payment Award, Number of Shares Authorized
Schedule of Net Book Value and Fair Value
Fair Value, Assets Measured on Recurring and Nonrecurring Basis [Table Text Block]
Vista, CA
Vista, CA 1 [Member]
Vista, CA 1
Deferred Financing Costs
Deferred Financing Costs [Policy Text Block]
The entity's accounting policy related to the treatment of deferred financing costs.
Net proceeds from disposition of real estate assets and condominium developments
Proceeds from Sale, Real Estate, Held-for-Investment
Katy, TX
Katy, TX [Member]
Katy, TX [Member]
Tenant Improvements
Tenant Improvements [Member]
Improvements having a life longer than one year that were made for the benefit of one or more tenants.
Termination Date
Trading Arrangement Termination Date
Insider Trading Policies and Procedures Adopted
Insider Trading Policies and Procedures Adopted [Flag]
Derivative, number of instruments held (derivative)
Number of Interest Rate Derivatives Held
Barclays and J.P. Morgan
Barclays And J.P. Morgan [Member]
Barclays And J.P. Morgan
Less: Current expected credit losses
Allowance for credit losses
Current expected credit losses
Financing Receivable, Allowance for Credit Loss, Excluding Accrued Interest
2028
Share-Based Payment Arrangement, Tranche Three [Member]
CIM NY Management, LLC
CIM NY Management, LLC [Member]
CIM NY Management, LLC [Member]
Basic (in shares)
Weighted Average Number of Shares Outstanding, Basic
SUPPLEMENTAL CASH FLOW DISCLOSURES
Cash Flow, Supplemental Disclosures [Text Block]
David City, NE
David City, NE [Member]
David City, NE
Related Party Transaction [Domain]
Related Party Transaction [Domain]
Subsequent Events [Abstract]
Subsequent Events [Abstract]
Segment Reporting [Abstract]
Greenwood, IN
Greenwood, IN [Member]
Greenwood, IN
Amortization
Finite-Lived Intangible Assets, Net, Amortization Expense, Fiscal Year Maturity [Abstract]
Ground lease, expense
Operating Lease, Expense
Citibank
Citibank - CLR [Member]
Citibank - CLR
Debt Disclosure [Abstract]
Debt Disclosure [Abstract]
Other income (expense):
Other income (expense)
Nonoperating Income (Expense) [Abstract]
Scenario [Domain]
Scenario [Domain]
ABS mortgage notes
ABS Mortgage Notes [Member]
ABS Mortgage Notes
CIM Commercial Lending REIT (CLR)
CIM Commercial Lending REIT (CLR) [Member]
CIM Commercial Lending REIT (CLR)
Forgone Recovery due to Expense of Enforcement, Amount
Forgone Recovery due to Expense of Enforcement, Amount
Fair value of the net real estate asset
Fair Value, Option, Loans Held as Assets, Real Estate Asset, Net
Fair Value, Option, Loans Held as Assets, Real Estate Asset, Net
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Consolidated Entities [Axis]
Consolidated Entities [Axis]
Common stock, par value (in usd per share)
Common stock, par value (in usd per share)
Common Stock, Par or Stated Value Per Share
Principal balance
Receivable with Imputed Interest, Face Amount
Investment Advisory Fee
Investment Advisory Fee [Member]
Investment Advisory Fee
Management fee per quarter
Quarterly Management Fee
Quarterly Management Fee
Impairment of real estate assets
Impairment of Real Estate
Commercial Mortgage-Backed Security, Maturity Default
Commercial Mortgage-Backed Securities, Maturity Default [Member]
Commercial Mortgage-Backed Securities, Maturity Default
Wells Fargo
Wells Fargo - CLR
Wells Fargo - CLR [Member]
Wells Fargo - CLR
Use of Estimates
Use of Estimates, Policy [Policy Text Block]
Additions during period:
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate, Additions During the Year [Abstract]
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate, Additions During the Year [Abstract]
Assumption of other assets and liabilities related to real estate acquired via deed-in-lieu of foreclosure
Assumption Of Other Assets And Liabilities Related To Real Estate Acquired Via Deed-In-Lieu Of Foreclosure
Assumption Of Other Assets And Liabilities Related To Real Estate Acquired Via Deed-In-Lieu Of Foreclosure
SUBSEQUENT EVENTS
Subsequent Events [Text Block]
Insider Trading Arrangements [Line Items]
Prior
Financing Receivable, Excluding Accrued Interest, Originated, More than Five Years before Current Fiscal Year
Property One
Property One [Member]
Property One
Equity securities
Equity Securities [Member]
Real estate-related securities and other, credit loss allowance
CECL
Beginning balance
Ending balance
Beginning balance
Ending balance
Debt Securities, Available-for-Sale, Allowance for Credit Loss, Excluding Accrued Interest
Weighted-average interest rate
Receivable with Imputed Interest, Effective Yield (Interest Rate)
Cicero, IN
Cicero, IN [Member]
Cicero, IN
Development Management Agreements
Development Management Agreements [Member]
Development Management Agreements [Member]
Total liabilities
Total liabilities
Liabilities
Other comprehensive income (loss)
Other Comprehensive Income (Loss), Net of Tax, Period Change [Abstract]
Loan originations, acquisitions and funding
Financing Receivable, Increase (Decrease) From Origination And Acquisition
Financing Receivable, Increase (Decrease) From Origination And Acquisition
Pension Adjustments Prior Service Cost
Pension Adjustments Prior Service Cost [Member]
Acquired real estate asset, type [Domain]
Acquired real estate asset, type [Domain]
Acquired real estate asset, type [Domain]
Material Terms of Trading Arrangement
Material Terms of Trading Arrangement [Text Block]
Burger King:
Burger King [Member]
Burger King
Hospitality / Prussia , Pennsylvania
Hospitality / Prussia , Pennsylvania [Member]
Hospitality / Prussia , Pennsylvania
Provision for credit losses
SEC Schedule, 12-29, Real Estate Companies, Investment In Mortgage Loans On Real Estate Provision For (Reversal Of) Credit Loss
SEC Schedule, 12-29, Real Estate Companies, Investment In Mortgage Loans On Real Estate Provision For (Reversal Of) Credit Loss
Spinx:
Spinx [Member]
Spinx [Member]
Intangible lease liabilities:
Finite Lived Intangible Liabilities [Abstract]
OFSI BSL XIV CLO, Ltd
OFSI BSL XIV CLO, Ltd [Member]
OFSI BSL XIV CLO, Ltd
Change in fair value of real estate-related securities
Change In Fair Value Of Interest Rate Swaps
Change In Fair Value Of Interest Rate Swaps
Mineral Wells, TX
Mineral Wells, TX [Member]
Mineral Wells, TX
Issuance of common stock
Stock Issued During Period, Value, New Issues
La Habra, CA
La Habra, CA [Member]
La Habra, CA [Member]
Consolidation Items [Axis]
Consolidation Items [Axis]
Variable Rate [Axis]
Variable Rate [Axis]
Discounts, net
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability, Premium (Discount)
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability, Premium (Discount)
In-Place Leases and Other Intangibles
In-place leases and other intangibles
In-place lease and other intangible amortization
Leases, Acquired-in-Place and Other Intangibles [Member]
Leases, Acquired-in-Place and Other Intangibles [Member]
Counterparty Name [Axis]
Counterparty Name [Axis]
Costco:
Costco [Member]
Costco [Member]
Entity Incorporation, State or Country Code
Entity Incorporation, State or Country Code
Non-NEOs
Non-NEOs [Member]
Take 5:
Take 5 [Member]
Take 5
Provision for credit losses
SEC Schedule, 12-29, Real Estate Companies, Investment In Mortgage Loans On Real Estate Allowance For Credit Loss
SEC Schedule, 12-29, Real Estate Companies, Investment In Mortgage Loans On Real Estate Allowance For Credit Loss