v3.26.1
Mortgage Notes Payable and Other Debt - Narrative (Details) - USD ($)
$ in Thousands
6 Months Ended 116 Months Ended
Apr. 25, 2026
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Dec. 31, 2025
Dec. 11, 2025
Debt Instrument [Line Items]            
Total real estate investments, at cost   $ 2,298,530   $ 2,298,530 $ 2,210,025  
Outstanding loan amount   856,892   856,892    
Fannie Mae Secured Debt            
Debt Instrument [Line Items]            
Repayments of revolving facility   $ 2,885 $ 24,593      
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%        
2025 Credit Agreement            
Debt Instrument [Line Items]            
Repayments of revolving facility   $ 186,000 $ 0      
Mortgage notes payable            
Debt Instrument [Line Items]            
Outstanding loan amount   375,038   375,038 375,480  
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   $ 331,854   331,854 334,739  
Payments for escrow deposit       15,400    
Line of Credit | 2025 Credit Agreement            
Debt Instrument [Line Items]            
Maximum borrowing capacity           $ 550,000
Line of Credit | 2025 Credit Agreement | Minimum | Base Rate            
Debt Instrument [Line Items]            
Basis spread on variable rate   0.55%        
Line of Credit | 2025 Credit Agreement | Minimum | Secured Overnight Financing Rate (SOFR)            
Debt Instrument [Line Items]            
Basis spread on variable rate   1.55%        
Line of Credit | 2025 Credit Agreement | Maximum | Base Rate            
Debt Instrument [Line Items]            
Basis spread on variable rate   1.10%        
Line of Credit | 2025 Credit Agreement | Maximum | Secured Overnight Financing Rate (SOFR)            
Debt Instrument [Line Items]            
Basis spread on variable rate   2.10%        
Line of Credit | 2025 Credit Agreement | Revolving Credit Facility            
Debt Instrument [Line Items]            
Outstanding loan amount   $ 0   0 186,000  
Maximum borrowing capacity           400,000
Repayments of revolving facility $ 186,000          
Line of Credit | 2025 Credit Agreement | Unsecured Term Loan            
Debt Instrument [Line Items]            
Outstanding loan amount   150,000   150,000 $ 150,000  
Maximum borrowing capacity           $ 150,000
Collateral Pledged | Fannie Mae Secured Debt            
Debt Instrument [Line Items]            
Total real estate investments, at cost   597,600   597,600    
Collateral Pledged | 2025 Credit Agreement            
Debt Instrument [Line Items]            
Total real estate investments, at cost   870,400   870,400    
Collateral Pledged | Mortgage notes payable            
Debt Instrument [Line Items]            
Total real estate investments, at cost   $ 684,300   $ 684,300