CONSOLIDATED STATEMENTS OF EQUITY - USD ($) $ in Thousands	Total	Common Shares	Additional Paid-in Capital	Accumulated Earnings (Loss)	Noncontrolling Interests	Series A Preferred Shares	Series A Preferred Shares Series A Preferred Shares	Series A Preferred Shares Accumulated Earnings (Loss)
Beginning balances (in shares) at Dec. 31, 2023		38,389,600					3,359,593
Beginning of period at Dec. 31, 2023	$ 885,074	$ 38	$ 1,011,613	$ (126,580)	$ 0		$ 3
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Noncontrolling interests from NHT Acquisition	6,873				6,873
Stock-based compensation expense (in shares)		145,433
Stock-based compensation expense	1,447		1,447
Shares issued to advisor for admin and advisory fees (in shares)		378,038
Shares issued to Adviser for admin and advisory fees	2,705	$ 1	2,704
Net loss attributable to common shareholders	(32,486)							$ (32,486)
Net income attributable to Series A preferred shareholders	(1,894)				(1,894)	$ 2,310		2,310
Common share distributions declared (in shares)		1,737,047
Common share distributions declared	(2,653)	$ 2	9,380	(12,035)
Series A preferred share distributions declared	(2,310)			(2,310)
Ending balances (in shares) at Jun. 30, 2024		40,650,118					3,359,593
End of period at Jun. 30, 2024	859,066	$ 41	1,025,144	(171,101)	4,979		$ 3
Beginning balances (in shares) at Mar. 31, 2024		39,301,419					3,359,593
Beginning of period at Mar. 31, 2024	863,023	$ 39	1,018,136	(155,155)	0		$ 3
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Noncontrolling interests from NHT Acquisition	6,873				6,873
Stock-based compensation expense (in shares)		145,433
Stock-based compensation expense	900		900
Shares issued to advisor for admin and advisory fees (in shares)		208,117
Shares issued to Adviser for admin and advisory fees	1,354	$ 1	1,353
Net loss attributable to common shareholders	(9,783)			(9,783)
Net income attributable to Series A preferred shareholders	(1,894)				(1,894)	1,155		1,155
Common share distributions declared (in shares)		995,149
Common share distributions declared	(1,407)	$ 1	4,755	(6,163)
Series A preferred share distributions declared	(1,155)			(1,155)
Ending balances (in shares) at Jun. 30, 2024		40,650,118					3,359,593
End of period at Jun. 30, 2024	859,066	$ 41	1,025,144	(171,101)	4,979		$ 3
Beginning balances (in shares) at Dec. 31, 2024		42,679,569					3,359,593
Beginning of period at Dec. 31, 2024	833,538	$ 43	1,039,280	(202,818)	(2,970)		$ 3
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Stock-based compensation expense (in shares)		358,173
Stock-based compensation expense	2,153		2,153
Shares issued to advisor for admin and advisory fees (in shares)		556,436
Shares issued to Adviser for admin and advisory fees	2,894	$ 1	2,893
Net loss attributable to common shareholders	(79,569)			(79,569)
Net income attributable to Series A preferred shareholders	(1,945)				(1,945)	2,310		$ 2,310
Common share distributions declared (in shares)		2,743,158
Common share distributions declared	(3,145)	$ 2	10,636	(13,783)
Series A preferred share distributions declared	(2,310)			(2,310)
Acquisition of noncontrolling interests in NHT (in shares)		1,084,593
Acquisition of noncontrolling interests in NHT	(1,218)	$ 1	(6,134)		4,915
Ending balances (in shares) at Jun. 30, 2025		47,421,929					3,359,593
End of period at Jun. 30, 2025	752,708	$ 47	1,048,828	(296,170)	0		$ 3
Beginning balances (in shares) at Mar. 31, 2025		44,517,013					3,359,593
Beginning of period at Mar. 31, 2025	797,800	$ 45	1,046,414	(243,747)	(4,915)		$ 3
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Stock-based compensation expense (in shares)		114,604
Stock-based compensation expense	1,671		1,671
Shares issued to advisor for admin and advisory fees (in shares)		298,883
Shares issued to Adviser for admin and advisory fees	1,392	$ 1	1,391
Net loss attributable to common shareholders	(45,251)			(45,251)
Net income attributable to Series A preferred shareholders						$ 1,155
Common share distributions declared (in shares)		1,406,836
Common share distributions declared	(1,686)		5,486	(7,172)
Series A preferred share distributions declared	(1,155)			(1,155)
Acquisition of noncontrolling interests in NHT (in shares)		1,084,593
Acquisition of noncontrolling interests in NHT	(1,218)	$ 1	(6,134)		4,915
Ending balances (in shares) at Jun. 30, 2025		47,421,929					3,359,593
End of period at Jun. 30, 2025	$ 752,708	$ 47	$ 1,048,828	$ (296,170)	$ 0		$ 3