Merger Transaction - Asset Acquisition - Assets Acquired and Liabilities Assumed in Merger (Details) - Merger Transaction Asset Aquisition $ in Thousands	Apr. 29, 2026 USD ($)
Asset Acquisition [Line Items]
Cash and cash equivalents	$ 22,773
Restricted cash	3,245
Other assets	3,563
Due from related party	23,143
Investment in equity method investees	331,583
Investment in real estate properties, net	167,707
Accounts payable and accrued expenses	(3,460)
Due to related party	(2,309)
Distributions payable	(5,964)
Redemptions payable	(36)
Other liabilities	(1,862)
Notes payable - related party	(80,388)
Mortgages payable and credit facility, net	(63,443)
Net assets acquired and liabilities assumed	$ 394,552