v3.26.1
Related Party Transactions (Details)
$ / shares in Units, shares in Thousands
3 Months Ended 12 Months Ended
Mar. 31, 2026
USD ($)
director
Mar. 23, 2026
USD ($)
$ / shares
shares
Mar. 31, 2026
USD ($)
Mar. 31, 2025
USD ($)
Dec. 31, 2025
USD ($)
Dec. 31, 2024
USD ($)
Related Party Transaction [Line Items]            
Transaction costs   $ 16,000,000 $ 18,510,000 $ 0 $ 1,607,000  
Payments of offering costs   8,000,000 6,256,000 0 2,113,000  
Management fees     7,000,000 $ 5,000,000 $ 24,000,000 $ 21,000,000
IPO            
Related Party Transaction [Line Items]            
Payments of offering costs   $ 65,000,000        
Related Party | IPO            
Related Party Transaction [Line Items]            
Number of shares issued in transaction (in shares) | shares   216        
Shares issue price (in dollars per share) | $ / shares   $ 20        
Related Party | Healthpeak            
Related Party Transaction [Line Items]            
Management fee, base amount     $ 10,000,000      
Management base rate     0.50%      
Management agreement term (in years)     3 years      
Management fees $ 300,000          
Accounts payable 295,000   $ 295,000      
Paid Manager Equity Awards $ 34,000          
Number of common directors | director 2          
Related Party | Healthpeak | Gross book value level one            
Related Party Transaction [Line Items]            
Management base rate     0.50%      
Investment threshold amount     $ 10,000,000,000      
Fee reduction percentage     0.10%      
Related Party | Healthpeak | Gross book value level two            
Related Party Transaction [Line Items]            
Management base rate     0.50%      
Investment threshold amount     $ 20,000,000,000      
Fee reduction percentage     0.15%      
Janus Living, Inc            
Related Party Transaction [Line Items]            
Transaction costs     $ 16,000,000      
Janus Living, Inc | IPO            
Related Party Transaction [Line Items]            
Stock based compensation expenses   $ 5,000,000