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CONSOLIDATED STATEMENTS OF EQUITY - USD ($)
$ in Thousands
Total
Common Stock [Member]
Additional Paid In Capital [Member]
Accumulated Distributions and Net Loss [Member]
Accumulated Other Comprehensive Income (Loss) [Member]
Balance at Dec. 31, 2022 $ 451,058 $ 36 $ 814,949 $ (398,097) $ 34,170
Balance, shares at Dec. 31, 2022   36,184,058      
Distributions declared (19,634)     (19,634)  
Proceeds from distribution reinvestment plan 6,976   6,976    
Proceeds from distribution reinvestment plan, shares   349,804      
Shares repurchased (5,966)   (5,966)    
Shares repurchased, shares   (374,539)      
Unrealized (loss) gain on derivatives 6,934       6,934
Reclassification adjustment for amounts included in net loss (15,978)       (15,978)
Equity-based compensation 88   88    
Equity-based compensation, shares   4,529      
Net loss (15,123)     (15,123)  
Balance at Dec. 31, 2023 408,355 $ 36 816,047 (432,854) 25,126
Balance, shares at Dec. 31, 2023   36,163,852      
Distributions declared (19,595)     (19,595)  
Proceeds from distribution reinvestment plan 5,001   5,001    
Proceeds from distribution reinvestment plan, shares   257,808      
Shares repurchased (5,001)   (5,001)    
Shares repurchased, shares   (322,200)      
Unrealized (loss) gain on derivatives 12,032       12,032
Reclassification adjustment for amounts included in net loss (16,480)       (16,480)
Equity-based compensation 102   102    
Equity-based compensation, shares   4,670      
Net loss (14,978)     (14,978)  
Balance at Dec. 31, 2024 $ 369,436 $ 36 816,149 (467,427) 20,678
Balance, shares at Dec. 31, 2024 36,104,130 36,104,130      
Distributions declared $ (19,591)     (19,591)  
Shares repurchased 0        
Unrealized (loss) gain on derivatives (2,274)       (2,274)
Reclassification adjustment for amounts included in net loss (11,296)       (11,296)
Equity-based compensation 130   130    
Equity-based compensation, shares   5,978      
Net loss (11,047)     (11,047)  
Balance at Dec. 31, 2025 $ 325,358 $ 36 $ 816,279 $ (498,065) $ 7,108
Balance, shares at Dec. 31, 2025 36,110,108 36,110,108