v3.26.1
CONDENSED CONSOLIDATED BALANCE SHEETS (Parenthetical) - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
Series B Preferred stock, Redemption value $ 46,483 $ 35,524
Series B Preferred Stock    
Series B Preferred stock, par value (in usd per share) $ 0.0001 $ 0.0001
Series B Preferred stock, Shares authorized 400,000 400,000
Series B Preferred stock, issued 46,483 35,524
Series B Preferred stock, outstanding 46,483 35,524
Common Class A    
Common stock par value (in usd per share) $ 0.0001 $ 0.0001
Common stock, shares authorized 250,000,000 7,000,000
Common stock issued (in shares) 23,795,450 6,518,383
Common Stock, Outstanding (in shares) 23,795,450 6,518,383
Class T Common Stock    
Common stock par value (in usd per share) $ 0.0001 $ 0.0001
Common stock, shares authorized 0 100,000
Common stock issued (in shares) 0 66,830
Common Stock, Outstanding (in shares) 0 66,830
Class I Common Stock    
Common stock par value (in usd per share) $ 0.0001 $ 0.0001
Common stock, shares authorized 0 9,100,000
Common stock issued (in shares) 0 8,050,883
Common Stock, Outstanding (in shares) 0 8,050,883
Common Class B    
Common stock par value (in usd per share) $ 0.0001 $ 0.0001
Common stock, shares authorized 100,000,000 0
Common stock issued (in shares) 3,750,000 0
Common Stock, Outstanding (in shares) 3,750,000 0