v3.26.1
CONSOLIDATED BALANCE SHEETS (Parentheticals) - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
ASSETS    
Right-of-use asset $ 1,998 $ 2,176
Investments, at fair value 568,610 643,432
Equity method investments 33,788 54,429
Investments in DSTs 33,559 30,559
Prepaid and other assets 8,557 17,500
LIABILITIES AND EQUITY    
Mortgages payable, net 224,995 261,945
Notes payable 76,892 90,888
Lease liability $ 546 $ 721
Common stock, par value per share (in dollars per share) $ 0.001 $ 0.001
Common Stock, Shares Authorized, Unlimited [Fixed List] Unlimited Unlimited
Common stock, shares, issued (in shares) 50,132,605 42,679,569
Common stock, shares, outstanding (in shares) 50,132,605 42,679,569
Series B Preferred Stock    
LIABILITIES AND EQUITY    
Preferred stock, par value (in dollars per share) $ 0.001 $ 0.001
Preferred stock, shares authorized (in shares) 16,000,000 16,000,000
Preferred stock, shares issued (in shares) 911,003 0
Preferred stock, shares outstanding (in shares) 911,003 0
Series A Preferred Stock    
LIABILITIES AND EQUITY    
Preferred stock, par value (in dollars per share) $ 0.001 $ 0.001
Preferred stock, shares authorized (in shares) 4,800,000 4,800,000
Preferred stock, shares issued (in shares) 3,359,593 3,359,593
Preferred stock, shares outstanding (in shares) 3,359,593 3,359,593
Related Party    
ASSETS    
Right-of-use asset $ 534 $ 712
Investments, at fair value 421,746 493,909
Equity method investments 700 407
Investments in DSTs 33,559 30,559
Prepaid and other assets 0 7,315
LIABILITIES AND EQUITY    
Mortgages payable, net 10,000 10,000
Notes payable 63,700 66,731
Lease liability $ 546 $ 721