v3.26.1
Secured Lines of Credit - Summary of Secured Line of Credit (Details) - Secured Line Of Credit Facility [Member] - USD ($)
 1 Months Ended 3 Months Ended 12 Months Ended
Jan. 31, 2025
 [2]
Mar. 31, 2026
Dec. 31, 2025
Line of Credit Facility [Line Items]      
Lines of credit   $ 89,950,000 $ 80,850,000
Total Commitment   130,000,000 130,000,000
General [Member]      
Line of Credit Facility [Line Items]      
Lines of credit   50,000,000 50,000,000
Total Commitment   $ 50,000,000 $ 50,000,000
Commitment Maturity [1]   2027-06  
Variable / Fixed Variable Variable [3]  
Reset Frequency   Monthly Monthly
Line of credit facility, interest rate during period   7.17% 7.32%
Acquisition [Member]      
Line of Credit Facility [Line Items]      
Lines of credit   $ 39,950,000 $ 30,850,000
Total Commitment   $ 80,000,000 $ 80,000,000
Commitment Maturity [4]   2027-06  
Variable / Fixed   Variable [5] Variable [6]
Reset Frequency   Monthly Monthly
Line of credit facility, interest rate during period   6.17% 6.23%
[1] The General LOC contains two one-year extensions subject to certain conditions and payment of a 0.25% extension fee. The first extension request by the Partnership will be granted by BankUnited if all such conditions are met. Any subsequent extension requested by the Partnership will be granted or denied in the sole discretion of the lenders.
[2] The variable rate is equal to SOFR + 3.50%, subject to an all-in floor of 3.75%.
[3] The variable rate is equal to SOFR + 3.50%, subject to an all-in floor of 3.75%.
[4] The Partnership has two one-year extension options subject to certain conditions and payment of a 0.05% extension fee.
[5] The variable rate is equal to 2.50% plus a variable component based on the Term SOFR.
[6] The variable rate is equal to 2.50% plus a variable component based on the Term SOFR.