v3.26.1
Related Party Transactions - Schedule of Related Party Transactions (Details) - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Related Party Transaction [Line Items]    
Change in Unrealized Gain/(Loss) $ (103,904) $ (1,348)
Equity in income (loss) (1,289) 129
Realized gains (losses) 5,994 (21,479)
NexPoint Real Estate Finance, Inc.    
Related Party Transaction [Line Items]    
Basis 41,568 32,949
Change in Unrealized Gain/(Loss) (8,657) (126)
Equity in income (loss) 0 0
Realized gains (losses) 0 0
Interest and Dividends 4,200 4,200
Total Income (Losses) (4,457) 4,074
NexPoint Storage Partners, Inc.    
Related Party Transaction [Line Items]    
Basis 51,673 62,709
Change in Unrealized Gain/(Loss) (12,894) (5,478)
Equity in income (loss) 0 0
Realized gains (losses) 0 0
Interest and Dividends 0 0
Total Income (Losses) (12,894) (5,478)
NexPoint Hospitality Trust    
Related Party Transaction [Line Items]    
Basis   0
Change in Unrealized Gain/(Loss)   2,088
Equity in income (loss)   0
Realized gains (losses)   0
Interest and Dividends   0
Total Income (Losses)   2,088
Nex Point Residential Trust Inc    
Related Party Transaction [Line Items]    
Basis 3,062 4,018
Change in Unrealized Gain/(Loss) (1,156) 692
Equity in income (loss) 0 0
Realized gains (losses) 0 0
Interest and Dividends 205 180
Total Income (Losses) (951) 872
NexPoint SFR Operating Partnership, L.P.    
Related Party Transaction [Line Items]    
Basis 11,994 20,846
Change in Unrealized Gain/(Loss) 342 32
Equity in income (loss) 0 0
Realized gains (losses) 0 0
Interest and Dividends 1,183 1,636
Total Income (Losses) 1,525 1,668
NexPoint Storage Partners Operating Company, LLC [Member]    
Related Party Transaction [Line Items]    
Basis 34,470 34,172
Change in Unrealized Gain/(Loss) (8,538) (2,985)
Equity in income (loss) 0 0
Realized gains (losses) 0 0
Interest and Dividends 0 0
Total Income (Losses) (8,538) (2,985)
SFR WLIF III, LLC    
Related Party Transaction [Line Items]    
Basis   0
Change in Unrealized Gain/(Loss)   0
Equity in income (loss)   523
Realized gains (losses)   339
Interest and Dividends   0
Total Income (Losses)   862
Claymore Holdings, LLC    
Related Party Transaction [Line Items]    
Basis 0 0
Change in Unrealized Gain/(Loss) 0 (589)
Equity in income (loss) 0 0
Realized gains (losses) 0 0
Interest and Dividends 0 0
Total Income (Losses) 0 (589)
Allenby, LLC    
Related Party Transaction [Line Items]    
Basis 0 0
Change in Unrealized Gain/(Loss) 456 (153)
Equity in income (loss) 0 0
Realized gains (losses) 3,375 0
Interest and Dividends 0 0
Total Income (Losses) 3,831 (153)
Haygood, LLC.    
Related Party Transaction [Line Items]    
Basis 0 0
Change in Unrealized Gain/(Loss) 31 0
Equity in income (loss) 0 0
Realized gains (losses) (31) 0
Interest and Dividends 0 0
Total Income (Losses) 0 0
VineBrook Homes Operating Partnership, L.P.    
Related Party Transaction [Line Items]    
Basis 118,599 151,706
Change in Unrealized Gain/(Loss) (33,107) 2,247
Equity in income (loss) 0 0
Realized gains (losses) 0 0
Interest and Dividends 5,967 5,926
Total Income (Losses) (27,140) 8,173
NexPoint Real Estate Finance Operating Partnership, L.P.    
Related Party Transaction [Line Items]    
Basis 56,557 76,396
Change in Unrealized Gain/(Loss) (2,564) (292)
Equity in income (loss) 0 0
Realized gains (losses) 0 0
Interest and Dividends 9,738 9,738
Total Income (Losses) 7,174 9,446
NexPoint SFR Operating Partnership, L.P.    
Related Party Transaction [Line Items]    
Basis 28,573 37,953
Change in Unrealized Gain/(Loss) (12,039) (13,946)
Equity in income (loss) 0 0
Realized gains (losses) 0 0
Interest and Dividends 2,660 2,516
Total Income (Losses) (9,379) (11,430)
NexAnnuity Holdings, Inc.    
Related Party Transaction [Line Items]    
Basis 73,388 69,895
Change in Unrealized Gain/(Loss) 0 0
Equity in income (loss) 0 0
Realized gains (losses) 0 0
Interest and Dividends 5,743 5,327
Total Income (Losses) 5,743 5,327
NexPoint Residential Trust, Inc.    
Related Party Transaction [Line Items]    
Basis   0
Change in Unrealized Gain/(Loss)   (308)
Equity in income (loss)   0
Realized gains (losses)   0
Interest and Dividends   0
Total Income (Losses)   (308)
NexPoint Storage Partners Operating Company, LLC    
Related Party Transaction [Line Items]    
Basis 1,862 2,765
Change in Unrealized Gain/(Loss) (4) (11)
Equity in income (loss) 0 0
Realized gains (losses) 0 0
Interest and Dividends 125 211
Total Income (Losses) 121 200
NexPoint SFR Operating Partnership, L.P.    
Related Party Transaction [Line Items]    
Basis 0 500
Change in Unrealized Gain/(Loss) 0 0
Equity in income (loss) 0 0
Realized gains (losses) 0 0
Interest and Dividends 7 45
Total Income (Losses) 7 45
NFRO SFR REIT, LLC One    
Related Party Transaction [Line Items]    
Basis 0 3,432
Change in Unrealized Gain/(Loss) 0 0
Equity in income (loss) 0 0
Realized gains (losses) 0 0
Interest and Dividends 88 222
Total Income (Losses) 88 222
NFRO SFR REIT, LLC Two    
Related Party Transaction [Line Items]    
Basis 0 3,883
Change in Unrealized Gain/(Loss) 0 0
Equity in income (loss) 0 0
Realized gains (losses) 0 0
Interest and Dividends 82 298
Total Income (Losses) 82 298
NREF OP IV, L.P.    
Related Party Transaction [Line Items]    
Basis   0
Change in Unrealized Gain/(Loss)   0
Equity in income (loss)   0
Realized gains (losses)   0
Interest and Dividends   188
Total Income (Losses)   188
Semiconductor DST    
Related Party Transaction [Line Items]    
Basis 23,959 20,959
Change in Unrealized Gain/(Loss) 0 0
Equity in income (loss) 0 0
Realized gains (losses) 0 0
Interest and Dividends 1,401 379
Total Income (Losses) 1,401 379
Life Science II DST    
Related Party Transaction [Line Items]    
Basis 9,600 9,600
Change in Unrealized Gain/(Loss) 0 0
Equity in income (loss) 0 0
Realized gains (losses) 0 0
Interest and Dividends 479 262
Total Income (Losses) 479 262
Capital Acquisitions Partners, LLC    
Related Party Transaction [Line Items]    
Basis 700 407
Change in Unrealized Gain/(Loss) 0 0
Equity in income (loss) 292 126
Realized gains (losses) 0 0
Interest and Dividends 0 0
Total Income (Losses) 292 126
Affiliates of the Advisor    
Related Party Transaction [Line Items]    
Basis 456,005 532,190
Change in Unrealized Gain/(Loss) (78,130) (18,829)
Equity in income (loss) 292 649
Realized gains (losses) 3,344 339
Interest and Dividends 31,878 31,128
Total Income (Losses) $ (42,616) $ 13,287