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Transactions with Related Parties (Narrative) (Details) - USD ($)			6 Months Ended
	Aug. 28, 2025	Oct. 27, 2023	Jun. 30, 2026	Jun. 30, 2025	Dec. 31, 2025
Related Party Transaction [Line Items]
Line of credit facility maximum borrowing capacity			$ 22,500,000
Percentage of credit facility interest rate		4.25%
Percentage of increase credit facility interest rate		9.25%
Credit Facility			14,000,000
Other assets			$ 3,000		$ 0
Class A OP Units \| IPC and Affiliates
Related Party Transaction [Line Items]
Ownership units held in operating partnership			75,484		75,484
Operating partnership ownership percentage			1.44%		1.40%
Advisor \| Class T OP Units Class S OP Units Class D OP Units and Class I OP Units
Related Party Transaction [Line Items]
Management fee to the Advisor			1.25%
Advisor \| Class X-1 Units
Related Party Transaction [Line Items]
Management fee to the Advisor			1.00%
Advisor \| Class X-2 Units
Related Party Transaction [Line Items]
Management fee to the Advisor			0.75%
Advisor \| Class A OP Units
Related Party Transaction [Line Items]
Management fee to the Advisor			0.50%
Sponsor and Affiliates \| Class I Share
Related Party Transaction [Line Items]
Investment affliates held			107,634		107,634
IPC REIT Special Limited Partner, LP
Related Party Transaction [Line Items]
Performance participation allocation accrued			$ 871,000	$ 0
IPC REIT Special Limited Partner, LP \| Class T OP Units Class S OP Units Class D OP Units and Class I OP Units
Related Party Transaction [Line Items]
Percentage of performance participation allocation of total return	12.50%
IPC REIT Special Limited Partner, LP \| Class T OP Units Class S OP Units Class D OP Units and Class I OP Units \| Fourth Amended and Restated Limited Partnership Agreement
Related Party Transaction [Line Items]
Performance participation allocation hurdle amount percentage	5.00%
Percentage of performance participation allocation of total return	12.50%
IPC REIT Special Limited Partner, LP \| Class X-1 OP Units
Related Party Transaction [Line Items]
Percentage of performance participation allocation of total return	10.00%
IPC REIT Special Limited Partner, LP \| Class X-1 OP Units \| Fourth Amended and Restated Limited Partnership Agreement
Related Party Transaction [Line Items]
Performance participation allocation hurdle amount percentage	5.00%
Percentage of performance participation allocation of total return	10.00%
IPC REIT Special Limited Partner, LP \| Class A OP Units
Related Party Transaction [Line Items]
Percentage of performance participation allocation of Class A total return	12.50%
Inital performance participation allocation loss carryforward			$ 0
IPC REIT Special Limited Partner, LP \| Class A OP Units \| Fourth Amended and Restated Limited Partnership Agreement
Related Party Transaction [Line Items]
Performance participation allocation hurdle amount percentage	5.00%
Percentage of performance participation allocation of Class A total return	12.50%
Dealer Manager \| Dealer Manager Agreement
Related Party Transaction [Line Items]
Distribution fees payable					$ 250,000
OP Unit Holders \| Class T OP Units Class S OP Units Class D OP Units and Class I OP Units \| Fourth Amended and Restated Limited Partnership Agreement
Related Party Transaction [Line Items]
Percentage of performance participation allocation of total return	87.50%
OP Unit Holders \| Class X-1 OP Units \| Fourth Amended and Restated Limited Partnership Agreement
Related Party Transaction [Line Items]
Percentage of performance participation allocation of total return	90.00%
OP Unit Holders \| Class A OP Units \| Fourth Amended and Restated Limited Partnership Agreement
Related Party Transaction [Line Items]
Percentage of performance participation allocation of Class A total return	87.50%