v3.26.1
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
Jun. 30, 2026
Dec. 31, 2025
Assets    
Investments in properties, net $ 25,865,957 $ 26,269,316
Investment in Datacom JV 32,070,353 34,861,734
Cash and cash equivalents 27,565,541 42,044,304
Tenant and other receivables 784,637 752,865
Prepaid and other assets, net 2,574,308 2,609,890
Due from affiliates $ 134,467 $ 104,154
Other Receivable, after Allowance for Credit Loss, Related Party [Extensible Enumeration] Related Party [Member] Related Party [Member]
Intangible assets, net $ 5,040,157 $ 5,332,835
Total assets 94,035,420 111,975,098
Liabilities and Equity    
Loan payable 18,096,251 18,340,795
Accounts payable and accrued liabilities 914,185 1,523,344
Interest expense payable 16,871 28,818
Redemptions payable   2,081,338
Distributions payable   364,209
Due to affiliates $ 797,847 $ 2,330,214
Other Liability, Related Party [Extensible Enumeration] Related Party [Member] Related Party [Member]
Performance participation allocation payable to affiliate   $ 948,118
Deferred rental revenue   89,927
Intangible lease liabilities, net $ 503,500 629,374
Total liabilities 20,328,654 26,336,137
Commitments and contingencies (Note 13)
Equity    
Additional paid-in-capital 108,995,734 113,785,361
Accumulated deficit and cumulative distributions (40,429,313) (34,627,996)
Total stockholders' equity 68,669,960 79,265,640
Non-controlling interests in the Operating Partnership 5,036,806 6,373,321
Total equity 73,706,766 85,638,961
Total liabilities and equity 94,035,420 111,975,098
Class A shares    
Equity    
Common stock 42,872 44,462
Class AX shares    
Equity    
Common stock 13,451 13,875
Class D shares    
Equity    
Common stock
Class DX shares    
Equity    
Common stock
Class I shares    
Equity    
Common stock 32,999 34,286
Class IX shares    
Equity    
Common stock 13,519 15,071
Class S shares    
Equity    
Common stock
Class T shares    
Equity    
Common stock $ 698 $ 581