v3.26.1
Loans at Fair Value - Summary of Loans Held at Fair Value (Details) - USD ($)
 3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2026
Dec. 31, 2025
Financing Receivable, before Allowance for Credit Loss, Maturity [Line Items]      
Principal Balance $ 41,000,000    
Amortized Cost 40,612,435 $ 40,612,435 $ 0
Fair Value 40,612,435 40,612,435  
Level 3 [Member]      
Financing Receivable, before Allowance for Credit Loss, Maturity [Line Items]      
Principal Balance   41,000,000  
Amortized Cost 40,612,435 40,612,435  
Fair Value $ 40,612,435 $ 40,612,435  
New York [Member]      
Financing Receivable, before Allowance for Credit Loss, Maturity [Line Items]      
Maturity Date [1] Jun. 29, 2036 Jun. 29, 2036  
Interest Rate [2]   15% Cash  
Periodic Payment [3]   P&I  
New York [Member] | Level 3 [Member]      
Financing Receivable, before Allowance for Credit Loss, Maturity [Line Items]      
Maturity Date May 22, 2028 May 22, 2028  
Principal Balance   $ 41,000,000  
Amortized Cost $ 40,612,435 40,612,435  
Fair Value $ 40,612,435 $ 40,612,435  
Interest Rate   P+5.25%  
Periodic Payment   I/O  
[1] Certain loans are subject to contractual extension options as stipulated in the loan agreement. Actual maturities may differ from contractual maturities stated herein and certain borrowers may have the right to prepay with or without a contractual prepayment penalty. The Company may also extend contractual maturities and amend other terms of the loans in connection with loan modifications.
[2] "P" = prime rate; "SOFR" = Secured Overnight Financing Rate. "P" and "SOFR" represent floating rate loans that pay interest at the designed benchmark rate plus an applicable spread; "SOFR" loans are typically indexed to 30-day, 90-day or 180-day rates (1 month, 3 month, or 6 month, respectively); "PIK" = paid-in-kind interest.
[3] P&I = principal and interest. I/O = interest only. P&I loans may include interest only periods for a portion of the loan term. The frequency of loan payments may be monthly or quarterly as required by the respective credit agreement governing such loan.