v3.26.1
Equity and Redeemable Non-controlling Interest - Narrative (Details)
3 Months Ended
Mar. 19, 2024
USD ($)
$ / shares
shares
Aug. 01, 2023
USD ($)
Class
Jun. 09, 2023
OfficerAndEmployeeDirector
$ / shares
shares
Mar. 31, 2026
USD ($)
Officerandemployee
$ / shares
shares
Mar. 31, 2025
USD ($)
Dec. 31, 2025
USD ($)
$ / shares
shares
Dec. 31, 2024
USD ($)
$ / shares
Dec. 31, 2022
USD ($)
shares
Schedule of outstanding shares of common stock                
Common stock authorized for issuance (in shares) | shares       2,200,000,000   2,200,000,000    
Common stock, par value (in dollars per share) | $ / shares       $ 0.01   $ 0.01    
Preferred stock, authorized (in shares) | shares       100,000,000   100,000,000    
Preferred stock, par value (in dollars per share) | $ / shares       $ 0.01   $ 0.01    
Value of common stock in offering (up to)   $ 5,000,000,000            
Number of classes of stock | Class   4            
Investment by Adviser       $ (925,000) $ (558,000) $ 5,252,000 $ (14,024,000)  
Term of shares requiring early repurchase deduction (less than)       1 year        
Repurchase percentage of shares under early repurchase deduction       98.00%        
Minimum account balance required       $ 500        
Contribution from redeemable non-controlling interest       26,999        
Common stock                
Schedule of outstanding shares of common stock                
Investment by Adviser       $ 65,000 32,000 $ 60,000 $ 17,000  
Contribution from redeemable non-controlling interest         0      
Related party                
Schedule of outstanding shares of common stock                
Number of officers and employees     8 8        
Common Stock, Class T, Class S, Class D, Class I and Class E                
Schedule of outstanding shares of common stock                
Common stock authorized for issuance (in shares) | shares       2,200,000,000   2,200,000,000    
Class E                
Schedule of outstanding shares of common stock                
Common stock authorized for issuance (in shares) | shares       100,000,000   100,000,000    
Common stock, par value (in dollars per share) | $ / shares       $ 0.01   $ 0.01    
Common stock, issued (in shares) | shares       134,831   134,170    
Class E | Related party                
Schedule of outstanding shares of common stock                
Common stock, issued (in shares) | shares               20,000
Class E | Related party | Common Stock Including Additional Paid in Capital                
Schedule of outstanding shares of common stock                
Investment by Adviser               $ 200,000
Class E | Restricted Stock                
Schedule of outstanding shares of common stock                
Common stock, issued (in shares) | shares       34,560        
Class E Units                
Schedule of outstanding shares of common stock                
Contribution from redeemable non-controlling interest       $ 197,100,000        
Redeemable non-controlling interest, shares issued (in shares) | shares       19,600,000        
Preferred Class A                
Schedule of outstanding shares of common stock                
Preferred stock, authorized (in shares) | shares       100,000,000   100,000,000    
Preferred stock, par value (in dollars per share) | $ / shares       $ 0.01   $ 0.01    
Preferred stock, issued (in shares) | shares       220   220    
Liquidation preference per share (in dollars per share) | $ / shares             $ 1,000  
Preferred stock, redemption premium (in dollars per share) | $ / shares             $ 50  
Unpaid cumulative dividends       $ 6,000 6,000      
Preferred stock dividend       $ 6,000 $ 6,000      
Primary offering                
Schedule of outstanding shares of common stock                
Value of common stock in offering (up to)   $ 4,000,000,000            
Offering Pursuant to Distribution Reinvestment Plan                
Schedule of outstanding shares of common stock                
Value of common stock in offering (up to)   1,000,000,000            
Minimum investor funds received for release of escrow   $ 25,000,000            
Private Placement | Class E                
Schedule of outstanding shares of common stock                
Preferred stock issued (in shares) | shares       19,600,000        
Sale of stock, consideration received on transaction       $ 197,100,000        
Commitment to purchase shares       $ 200,000,000        
Private Placement | Class E | Related party                
Schedule of outstanding shares of common stock                
Price per share (in dollars per share) | $ / shares       $ 10        
Stock repurchase, monthly repurchase maximum percentage       2.00%        
Stock repurchase, quarterly repurchase maximum percentage       5.00%        
NAV required of shares not held by company before shares can be repurchased       $ 1,000,000,000        
Term required of shares not held by company before shares can be repurchased       3 years        
Private Placement | Class E Units                
Schedule of outstanding shares of common stock                
Preferred stock issued (in shares) | shares 6,200,000              
Sale of stock, consideration received on transaction $ 62,200,000              
Price per share (in dollars per share) | $ / shares $ 10              
Preferred Stock Issued to Eight Officers and Employees of the Adviser and its Affiliates | Preferred Class A | Related party                
Schedule of outstanding shares of common stock                
Preferred stock issued (in shares) | shares     220          
Price per share (in dollars per share) | $ / shares     $ 1,000          
Dividend rate (as a percentage)     10.00%          
Liquidation preference per share (in dollars per share) | $ / shares     $ 1,000          
Preferred stock, redemption premium (in dollars per share) | $ / shares     $ 50