v3.26.1
Cover - USD ($)
12 Months Ended
Dec. 31, 2025
Mar. 20, 2026
Jun. 30, 2025
Document Information [Line Items]      
Document Type 10-K    
Document Annual Report true    
Document Period End Date Dec. 31, 2025    
Current Fiscal Year End Date --12-31    
Document Transition Report false    
Entity File Number 001-32921    
Entity Registrant Name NexPoint Diversified Real Estate Trust    
Entity Incorporation, State or Country Code DE    
Entity Tax Identification Number 80-0139099    
Entity Address, Address Line One 300 Crescent Court    
Entity Address, Address Line Two Suite 700    
Entity Address, City or Town Dallas    
Entity Address, State or Province TX    
Entity Address, Postal Zip Code 75201    
City Area Code 214    
Local Phone Number 276-6300    
Entity Well-known Seasoned Issuer No    
Entity Voluntary Filers No    
Entity Current Reporting Status Yes    
Entity Interactive Data Current Yes    
Entity Filer Category Non-accelerated Filer    
Entity Small Business true    
Entity Emerging Growth Company false    
ICFR Auditor Attestation Flag false    
Document Financial Statement Error Correction [Flag] false    
Entity Shell Company false    
Entity Public Float     $ 153,295,464
Entity Common Stock, Shares Outstanding   50,219,590  
Entity Central Index Key 0001356115    
Document Fiscal Year Focus 2025    
Document Fiscal Period Focus FY    
Amendment Flag false    
Auditor Firm ID 185    
Auditor Name KPMG, LLP    
Auditor Location Dallas, Texas, United States    
Auditor Opinion

Opinion on the Consolidated Financial Statements

We have audited the accompanying consolidated balance sheets of NexPoint Diversified Real Estate Trust and subsidiaries (the Company) as of December 31, 2025 and 2024, the related consolidated statements of operations and comprehensive income (loss), equity, and cash flows for the years then ended, and the related notes (collectively, the consolidated financial statements). In our opinion, the consolidated financial statements present fairly, in all material respects, the financial position of the Company as of December 31, 2025 and 2024, and the results of its operations and its cash flows for the years then ended, in conformity with U.S. generally accepted accounting principles.

   
Common stock      
Document Information [Line Items]      
Title of 12(b) Security Common Shares, par value $0.001 per share    
Trading Symbol NXDT    
Security Exchange Name NYSE    
Series A Preferred Shares      
Document Information [Line Items]      
Title of 12(b) Security 5.50% Series A Cumulative Preferred Shares, par value$0.001 per share ($25.00 liquidation preference per share)    
Trading Symbol NXDT-PA    
Security Exchange Name NYSE