v3.26.1
Related Party Transactions - Narrative (Details)
3 Months Ended 12 Months Ended
Mar. 20, 2024
Mar. 19, 2024
USD ($)
Mar. 31, 2026
USD ($)
Officerandemployee
Mar. 31, 2025
USD ($)
Dec. 31, 2025
USD ($)
Jun. 09, 2023
OfficerAndEmployeeDirector
Related Party Transaction [Line Items]            
Management fee     $ 129,000 $ 45,000    
Performance participation allocation incurred     $ 342,000 0    
Related party            
Related Party Transaction [Line Items]            
Number of officers and employees     8     8
Other liabilities     $ 15,878,000   $ 14,945,000  
Due to affiliates     15,878,000   14,945,000  
Related party | EQRT OP            
Related Party Transaction [Line Items]            
Performance participation interest allocation, percent of total return   12.50%        
Performance benchmark, annual hurdle amount   5.00%        
Related party | Dealer Manager | Primary offering            
Related Party Transaction [Line Items]            
Dealer manager agreement, upfront selling commission paid   $ 0 1,000 0    
Related party | Property Manager            
Related Party Transaction [Line Items]            
Term of property management agreement 1 year          
Notice of termination required for property management agreement 30 days          
Related party | Property Manager | Property management fee            
Related Party Transaction [Line Items]            
Management fee     91,000 75,000    
Other liabilities     30,000   27,000  
Related party | Adviser            
Related Party Transaction [Line Items]            
Management fee, waived term   6 months        
Related party | Adviser | Management fee            
Related Party Transaction [Line Items]            
Management fee     45,000   40,000  
Related party | Special Limited Partner | Performance participation allocation            
Related Party Transaction [Line Items]            
Other liabilities     300,000      
Payment for incentive fee     500,000   500,000  
Due to affiliates     342,000   $ 535,000  
Related party | Common Class T, Class S, Class D and Class I shares | EQRT OP            
Related Party Transaction [Line Items]            
Management fee, percent of NAV of shares now owned by company   1.25%        
Related party | Common Class T, Class S, Class D and Class I shares | Adviser            
Related Party Transaction [Line Items]            
Management fee, percent of NAV   1.25%        
Related party | Common stock Class A-I | Adviser            
Related Party Transaction [Line Items]            
Management fee, percent of NAV   0.50%        
Related party | Common stock Class A-II | Adviser            
Related Party Transaction [Line Items]            
Management fee, percent of NAV   0.90%        
Related party | Class E | EQRT OP            
Related Party Transaction [Line Items]            
Management fee, percent of NAV of shares now owned by company   0.00%        
Related party | Common stock Class T | Dealer Manager            
Related Party Transaction [Line Items]            
Distribution fee percentage   0.85%        
Distribution fee acquired     $ 1,000 $ 0    
Related party | Common stock Class T | Dealer Manager | Primary offering            
Related Party Transaction [Line Items]            
Dealer manager agreement, percent selling commission   3.00%        
Upfront dealer manager fee percentage   0.50%        
Maximum percentage of transaction price   3.50%        
Related party | Common stock Class S | Dealer Manager            
Related Party Transaction [Line Items]            
Distribution fee percentage   0.85%        
Related party | Common stock Class S | Dealer Manager | Primary offering            
Related Party Transaction [Line Items]            
Dealer manager agreement, percent selling commission   3.50%        
Related party | Common stock Class I | Dealer Manager            
Related Party Transaction [Line Items]            
Distribution fee percentage   0.25%        
Related party | Common stock Class D | Dealer Manager | Primary offering            
Related Party Transaction [Line Items]            
Dealer manager agreement, percent selling commission   1.50%        
Related party | Common ClassA-I, ClassA-II, Class I and Class E Shares | Dealer Manager            
Related Party Transaction [Line Items]            
Distribution fee percentage   0.00%        
Related party | Common Class T, Class S and Class D | Dealer Manager | Primary offering            
Related Party Transaction [Line Items]            
Dealer management agreement fees and commissions, maximum percentage of NAV   8.75%