Organization (Details) |
6 Months Ended | 12 Months Ended | |
|---|---|---|---|
|
Mar. 13, 2025
$ / shares
|
Jun. 30, 2026 |
Dec. 31, 2025 |
|
| Minimum | |||
| Organization, Consolidation and Presentation of Financial Statements [Line Items] | |||
| Taxable income distributed in the form of qualifying distributions (as a percent) | 90.00% | ||
| United Development Funding IV | |||
| Organization, Consolidation and Presentation of Financial Statements [Line Items] | |||
| Pre-closing distribution threshold, value per share (in dollars per share) | $ 0.01 | ||
| Expected contingent value rights (in dollars per share) | 0.416 | ||
| Operating Partnership | |||
| Organization, Consolidation and Presentation of Financial Statements [Line Items] | |||
| Ownership in operating partnership (as a percent) | 99.80% | 99.80% |