v3.26.1
Mortgage Notes Payable and Other Debt - Narrative (Details)
$ in Thousands
3 Months Ended 113 Months Ended
Dec. 11, 2025
USD ($)
extension
Mar. 31, 2026
USD ($)
Mar. 31, 2026
USD ($)
Dec. 31, 2025
USD ($)
Debt Instrument [Line Items]        
Total real estate investments, at cost   $ 2,214,180 $ 2,214,180 $ 2,210,025
Outstanding loan amount   1,044,556 1,044,556  
Fannie Mae Secured Debt | Collateral Pledged        
Debt Instrument [Line Items]        
Total real estate investments, at cost   $ 617,000 617,000  
Fannie Mae Secured Debt | Capital One Secured Debt        
Debt Instrument [Line Items]        
Basis spread on variable rate   2.41%    
Fannie Mae Secured Debt | KeyBank Secured Debt        
Debt Instrument [Line Items]        
Basis spread on variable rate   2.46%    
Credit Agreement | Collateral Pledged        
Debt Instrument [Line Items]        
Total real estate investments, at cost   $ 869,100 869,100  
Mortgage notes payable        
Debt Instrument [Line Items]        
Outstanding loan amount   375,260 375,260 375,480
Mortgage notes payable | Collateral Pledged        
Debt Instrument [Line Items]        
Total real estate investments, at cost   683,700 683,700  
Mortgage notes payable | Barclay's OMF Loan        
Debt Instrument [Line Items]        
Long-term debt, covenant requirements, amount   12,500 12,500  
Line of Credit | Fannie Mae Secured Debt        
Debt Instrument [Line Items]        
Outstanding loan amount   $ 333,296 333,296 334,739
Payments for escrow deposit     15,400  
Debt service coverage ratio   1.40    
Line of Credit | Credit Agreement        
Debt Instrument [Line Items]        
Accordion feature $ 450,000      
Number of extension periods | extension 2      
Extension term 1 year      
Line of Credit | Credit Agreement | Commitment Fee Tranche One        
Debt Instrument [Line Items]        
Capacity used (as a percent)   50.00%    
Unused facility fee (as a percentage)   0.20%    
Line of Credit | Credit Agreement | Commitment Fee Tranche Two        
Debt Instrument [Line Items]        
Capacity used (as a percent)   50.00%    
Unused facility fee (as a percentage)   0.15%    
Line of Credit | Credit Agreement | Minimum | Base Rate        
Debt Instrument [Line Items]        
Basis spread on variable rate   0.55%    
Line of Credit | Credit Agreement | Minimum | Secured Overnight Financing Rate (SOFR)        
Debt Instrument [Line Items]        
Basis spread on variable rate   1.55%    
Line of Credit | Credit Agreement | Maximum | Base Rate        
Debt Instrument [Line Items]        
Basis spread on variable rate   1.10%    
Line of Credit | Credit Agreement | Maximum | Secured Overnight Financing Rate (SOFR)        
Debt Instrument [Line Items]        
Basis spread on variable rate   2.10%    
Line of Credit | Credit Agreement | Revolving Credit Facility        
Debt Instrument [Line Items]        
Outstanding loan amount   $ 186,000 186,000 186,000
Maximum borrowing capacity $ 400,000      
Line of Credit | Credit Agreement | Unsecured Debt        
Debt Instrument [Line Items]        
Outstanding loan amount   $ 150,000 $ 150,000 $ 150,000
Maximum borrowing capacity $ 150,000