v3.26.1
Related Person Transactions (Details)
$ in Thousands
1 Months Ended 3 Months Ended 6 Months Ended 12 Months Ended
Dec. 11, 2025
shares
Dec. 04, 2025
shares
Nov. 10, 2025
USD ($)
loan
Oct. 30, 2025
USD ($)
shares
Jul. 31, 2023
Jun. 30, 2026
USD ($)
shares
Jun. 30, 2025
USD ($)
Jun. 30, 2026
USD ($)
loan
shares
Jun. 30, 2025
USD ($)
Dec. 31, 2025
USD ($)
loan
Mar. 31, 2026
USD ($)
Mar. 31, 2025
USD ($)
Dec. 31, 2024
USD ($)
Related Party Transaction [Line Items]                          
Number of loans | loan               27   24      
Amortized cost | $           $ 719,634 $ 631,318 $ 719,634 $ 631,318 $ 685,707 $ 730,096 $ 660,237 $ 609,916
Tremont Realty Advisors LLC | Transferrable Rights Offering                          
Related Party Transaction [Line Items]                          
Sale of stock, percentage of ownership after transaction (as a percent)               20.20%          
Shares issued (in shares) 2,015,748 854,029                      
Adam Portnoy | Transferrable Rights Offering                          
Related Party Transaction [Line Items]                          
Shares owned (in shares)           5,095,308   5,095,308          
Shares issued (in shares)   109,669                      
The RMR Group Inc                          
Related Party Transaction [Line Items]                          
Property management agreement, termination notice period (in days)         30 days                
Real estate owned, property management and construction supervision fees | $           $ 18 $ 16 $ 38 $ 37        
The RMR Group Inc | Transferrable Rights Offering                          
Related Party Transaction [Line Items]                          
Shares owned (in shares)       5,517,113                  
Sale of stock, percentage of ownership after transaction (as a percent)       73.20%                  
Shares issued (in shares)       7,532,861                  
Net proceeds | $       $ 65,200                  
Rights offering percentage (as a percent)       100.00%                  
ABP Trust | Transferrable Rights Offering                          
Related Party Transaction [Line Items]                          
Shares issued (in shares)   58,266                      
Management Services | Tremont Realty Advisors LLC                          
Related Party Transaction [Line Items]                          
Shares owned (in shares)           4,577,835   4,577,835          
Outstanding common shares (as a percent)           22.50%   22.50%          
Property Management Services | The RMR Group Inc                          
Related Party Transaction [Line Items]                          
Property management fee (as a percent)         3.00%                
Construction Supervision Services | The RMR Group Inc                          
Related Party Transaction [Line Items]                          
Property management fee (as a percent)         5.00%                
Purchase of Mortgage Loans                          
Related Party Transaction [Line Items]                          
Number of loans | loan     2                    
Purchase of Mortgage Loans | The RMR Group Inc                          
Related Party Transaction [Line Items]                          
Amortized cost | $     $ 61,733