v3.26.1
VIEs - Schedule of Variable Interest Entities (Details) - USD ($)
$ in Thousands
Mar. 31, 2026
Dec. 31, 2025
Mar. 31, 2025
Dec. 31, 2024
ASSETS        
Total assets $ 179,594 $ 135,396    
Liabilities [Abstract]        
Total liabilities 140,879 109,165    
Stockholders’ equity 38,715 26,231 $ 7,358 $ 11,253
Total liabilities and stockholders’ equity 179,594 135,396    
VIE, primary beneficiary        
ASSETS        
Cash 388 326    
Restricted cash 1,324 524    
Real estate investments, net 51,079 10,807    
Notes receivable - related parties 5,991 936    
Due from related parties 1,164 220    
Prepaid and other assets 398 267    
Liabilities [Abstract]        
Accounts payable and accrued expenses 2,364 1,719    
Other liabilities 142 99    
VIE, primary beneficiary | Commons Fundco, LLC        
ASSETS        
Cash 247      
Restricted cash 800      
Real estate investments, net 40,358      
Due from related parties 995      
Prepaid and other assets 91      
Total assets 47,546      
Liabilities [Abstract]        
Notes payable, net 32,923      
Accounts payable and accrued expenses 538      
Total liabilities 33,966      
Stockholders’ equity 13,580      
Total liabilities and stockholders’ equity 47,546      
VIE, primary beneficiary | Related party        
ASSETS        
Notes receivable - related parties 5,991 936    
Liabilities [Abstract]        
Notes payable, net 2,406 2,330    
Other liabilities 873 861    
VIE, primary beneficiary | Related party | Commons Fundco, LLC        
ASSETS        
Notes receivable - related parties 5,055      
Liabilities [Abstract]        
Other liabilities 415      
VIE, primary beneficiary | Nonrelated party        
Liabilities [Abstract]        
Notes payable, net 66,520 33,605    
Other liabilities 142 $ 99    
VIE, primary beneficiary | Nonrelated party | Commons Fundco, LLC        
Liabilities [Abstract]        
Other liabilities $ 90