v3.26.1
Summary of Significant Accounting Policies - Schedule of Company's Assets and Liabilities Measured at Fair Value on a Recurring Basis (Details) - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
Assets:    
Interest rate swaps - Asset $ 858 $ 0
Total 320,446 239,923
Liabilities:    
Mandatorily Redeemable Instruments 0 54,794
Interest rate swaps 72 354
Total 72 55,148
Investments in real estate debt    
Assets:    
Investments 304,589 224,600
Investments in real estate-related and other securities    
Assets:    
Investments 14,999 15,323
Level 1    
Assets:    
Interest rate swaps - Asset 0 0
Total 0 0
Liabilities:    
Mandatorily Redeemable Instruments 0 0
Interest rate swaps 0 0
Total 0 0
Level 1 | Investments in real estate debt    
Assets:    
Investments 0 0
Level 1 | Investments in real estate-related and other securities    
Assets:    
Investments 0 0
Level 2    
Assets:    
Interest rate swaps - Asset 858 0
Total 15,857 15,323
Liabilities:    
Mandatorily Redeemable Instruments 0 0
Interest rate swaps 72 354
Total 72 354
Level 2 | Investments in real estate debt    
Assets:    
Investments 0 0
Level 2 | Investments in real estate-related and other securities    
Assets:    
Investments 14,999 15,323
Level 3    
Assets:    
Interest rate swaps - Asset 0 0
Total 304,589 224,600
Liabilities:    
Mandatorily Redeemable Instruments 0 54,794
Interest rate swaps 0 0
Total 0 54,794
Level 3 | Investments in real estate debt    
Assets:    
Investments 304,589 224,600
Level 3 | Investments in real estate-related and other securities    
Assets:    
Investments $ 0 $ 0