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Consolidated Statements of Changes in Equity (Unaudited) - USD ($)
Total
Additional Paid-In Capital [Member]
Retained Earnings/Accumulated Deficit and Cumulative Distributions [Member]
Accumulated Other Comprehensive Income (Loss) [Member]
Noncontrolling Interest [Member]
Class AX [Member]
Class AX [Member]
Common Stock [Member]
Class TX [Member]
Class TX [Member]
Common Stock [Member]
Class IX [Member]
Class IX [Member]
Common Stock [Member]
Class I [Member]
Class I [Member]
Common Stock [Member]
Class T [Member]
Class T [Member]
Common Stock [Member]
Class D [Member]
Class D [Member]
Common Stock [Member]
Class S [Member]
Class S [Member]
Common Stock [Member]
Beginning balance at Dec. 31, 2022 $ 595,329,637 $ 389,390,600 $ (55,143,655) $ 902,026 $ 260,028,582   $ 38,643   $ 7,198   $ 12,222   $ 75,825   $ 12,809   $ 5,318   $ 69
Beginning balance, shares at Dec. 31, 2022             3,864,320   719,803   1,222,180   7,582,500   1,280,789   531,864   6,910
Common stock 26,164,691 26,154,932         $ 1,209   $ (1,209)       $ 6,917   $ 1,715   $ 1,127    
Common stock, shares             120,869   (120,959)       691,739   171,609   112,705    
Common stock repurchased (11,215,399) (11,211,168)         $ (1,057)   $ (97)   $ (58)   $ (2,519)   $ (434)   $ (66)    
Common stock repurchased, shares             (105,744)   (9,682)   (5,798)   (251,928)   (43,413)   (6,643)    
Distribution reinvestment 1,695,968 1,695,335         $ 200   $ 31   $ 61   $ 275   $ 43   $ 23    
Distribution reinvestment, shares             20,019   3,112   6,136   27,502   4,291   2,313   20
Offering costs, commissions and fees (401,701) (401,701)                                  
Net income (loss) (6,649,374)   (5,374,841)   (1,274,533)                            
Distributions declared on common stock (5,802,997)   (5,802,997)                                
Designated derivatives, fair value adjustments (1,622,764)     (162,277) (1,460,487)                            
Non-controlling interests (3,425,858)       (3,425,858)                            
Ending balance at Mar. 31, 2023 594,072,203 405,627,998 (66,321,493) 739,749 253,867,704   $ 38,995   $ 5,923   $ 12,225   $ 80,498   $ 14,133   $ 6,402   $ 69
Ending balance, shares at Mar. 31, 2023             3,899,464   592,274   1,222,518   8,049,813   1,413,276   640,239   6,930
Beginning balance at Dec. 31, 2022 595,329,637 389,390,600 (55,143,655) 902,026 260,028,582   $ 38,643   $ 7,198   $ 12,222   $ 75,825   $ 12,809   $ 5,318   $ 69
Beginning balance, shares at Dec. 31, 2022             3,864,320   719,803   1,222,180   7,582,500   1,280,789   531,864   6,910
Common stock repurchased $ (28,529,560)                                    
Common stock repurchased, shares (1,101,813)                                    
Ending balance at Jun. 30, 2023 $ 595,232,013 397,659,773 (73,009,812) 851,374 269,575,601   $ 38,488   $ 4,727   $ 12,173   $ 78,409   $ 14,488   $ 6,722   $ 70
Ending balance, shares at Jun. 30, 2023             3,848,788   472,743   1,217,269   7,840,877   1,448,824   672,160   7,014
Beginning balance at Dec. 31, 2022 595,329,637 389,390,600 (55,143,655) 902,026 260,028,582   $ 38,643   $ 7,198   $ 12,222   $ 75,825   $ 12,809   $ 5,318   $ 69
Beginning balance, shares at Dec. 31, 2022             3,864,320   719,803   1,222,180   7,582,500   1,280,789   531,864   6,910
Common stock, shares           3,840,761   178,873   1,178,536   7,313,276   1,462,448   644,697   7,086  
Ending balance at Dec. 31, 2023 $ 551,506,379 376,712,427 (85,445,999) 755,642 259,337,969   $ 38,489   $ 1,789   $ 11,785   $ 73,133   $ 14,626   $ 6,447   $ 71
Ending balance, shares at Dec. 31, 2023 14,625,677         3,848,941 3,848,941 178,873 178,873 1,178,536 1,178,536 7,313,276 7,313,276 1,462,448 1,462,448 644,697 644,697 7,086 7,086
Beginning balance at Mar. 31, 2023 $ 594,072,203 405,627,998 (66,321,493) 739,749 253,867,704   $ 38,995   $ 5,923   $ 12,225   $ 80,498   $ 14,133   $ 6,402   $ 69
Beginning balance, shares at Mar. 31, 2023             3,899,464   592,274   1,222,518   8,049,813   1,413,276   640,239   6,930
Common stock 7,788,941 7,785,979         $ 1,135   $ (1,137)       $ 1,787   $ 728   $ 439   $ 10
Common stock, shares             113,548   (113,661)       178,724   72,838   43,822   938
Common stock repurchased $ (17,314,162) (17,307,376)         $ (1,859)   $ (86)   $ (114)   $ (4,146)   $ (427)   $ (145)   $ (9)
Common stock repurchased, shares (678,605)           185,899   8,551   11,399   414,620   42,710   14,545   880
Distribution reinvestment $ 1,697,507 1,696,851         $ 217   $ 27   $ 62   $ 270   $ 54   $ 26    
Distribution reinvestment, shares             21,675   2,681   6,150   26,960   5,420   2,644   26
Offering costs, commissions and fees (143,679) (143,679)                                  
Net income (loss) (1,720,778)   (791,292)   (929,486)                            
Distributions declared on common stock (5,897,027)   (5,897,027)                                
Designated derivatives, fair value adjustments 1,116,247     111,625 1,004,622                            
Non-controlling interests 15,632,761       15,632,761                            
Ending balance at Jun. 30, 2023 595,232,013 397,659,773 (73,009,812) 851,374 269,575,601   $ 38,488   $ 4,727   $ 12,173   $ 78,409   $ 14,488   $ 6,722   $ 70
Ending balance, shares at Jun. 30, 2023             3,848,788   472,743   1,217,269   7,840,877   1,448,824   672,160   7,014
Beginning balance at Dec. 31, 2023 $ 551,506,379 376,712,427 (85,445,999) 755,642 259,337,969   $ 38,489   $ 1,789   $ 11,785   $ 73,133   $ 14,626   $ 6,447   $ 71
Beginning balance, shares at Dec. 31, 2023 14,625,677         3,848,941 3,848,941 178,873 178,873 1,178,536 1,178,536 7,313,276 7,313,276 1,462,448 1,462,448 644,697 644,697 7,086 7,086
Common stock $ 5,048,457 5,046,200         $ 653   $ (655)       $ 1,529   $ 724   $ 6    
Common stock, shares             65,246   (65,389)       152,915   72,462   679    
Common stock repurchased (16,143,789) (16,136,480)         $ (891)   $ (10)   $ (140)   $ (5,470)   $ (488)   $ (309)   $ (1)
Common stock repurchased, shares             (89,081)   (1,045)   (14,057)   (547,033)   (48,716)   (30,936)   (166)
Distribution reinvestment 1,533,302 1,532,610         $ 247   $ 15   $ 70   $ 251   $ 78   $ 31    
Distribution reinvestment, shares             24,680   1,478   7,007   25,098   7,832   3,066   41
Offering costs, commissions and fees (118,597) (118,597)                                  
Net income (loss) (1,297,843)   (81,353)   (1,216,490)                            
Distributions declared on common stock (5,582,290)   (5,582,290)                                
Designated derivatives, fair value adjustments 1,064,468     106,446 958,022                            
Non-controlling interests (3,409,447)       (3,409,447)                            
Ending balance at Mar. 31, 2024 532,600,640 367,036,160 (91,109,642) 862,088 255,670,054   $ 38,498   $ 1,139   $ 11,715   $ 69,443   $ 14,940   $ 6,175   $ 70
Ending balance, shares at Mar. 31, 2024             3,849,786   113,917   1,171,486   6,944,256   1,494,026   617,506   6,961
Beginning balance at Dec. 31, 2023 $ 551,506,379 376,712,427 (85,445,999) 755,642 259,337,969   $ 38,489   $ 1,789   $ 11,785   $ 73,133   $ 14,626   $ 6,447   $ 71
Beginning balance, shares at Dec. 31, 2023 14,625,677         3,848,941 3,848,941 178,873 178,873 1,178,536 1,178,536 7,313,276 7,313,276 1,462,448 1,462,448 644,697 644,697 7,086 7,086
Common stock, shares           3,824,160   26,861   1,167,185   6,534,930   1,469,365   611,350   7,004  
Common stock repurchased $ (31,754,409)                                    
Common stock repurchased, shares (1,442,797)                                    
Ending balance at Jun. 30, 2024 $ 509,436,414 355,049,115 (98,396,716) 873,883 251,773,641   $ 38,323   $ 269   $ 11,672   $ 65,349   $ 14,694   $ 6,114   $ 70
Ending balance, shares at Jun. 30, 2024 13,640,855         3,832,340 3,832,340 26,861 26,861 1,167,185 1,167,185 6,534,930 6,534,930 1,469,365 1,469,365 611,350 611,350 7,004 7,004
Beginning balance at Mar. 31, 2024 $ 532,600,640 367,036,160 (91,109,642) 862,088 255,670,054   $ 38,498   $ 1,139   $ 11,715   $ 69,443   $ 14,940   $ 6,175   $ 70
Beginning balance, shares at Mar. 31, 2024             3,849,786   113,917   1,171,486   6,944,256   1,494,026   617,506   6,961
Common stock 2,025,230 2,024,311         $ 854   $ (854)       $ 837   $ 59   $ 23    
Common stock, shares             85,381   (85,459)       83,745   5,774   2,274    
Common stock repurchased $ (15,610,620) (15,603,502)         $ (1,283)   $ (24)   $ (114)   $ (5,209)   $ (375)   $ (113)    
Common stock repurchased, shares (711,762)           (128,276)   (2,376)   (11,434)   (520,898)   (37,473)   (11,305)    
Distribution reinvestment $ 1,565,691 1,564,981         $ 254   $ 8   $ 71   $ 278   $ 70   $ 29    
Distribution reinvestment, shares             25,449   779   7,133   27,827   7,038   2,875   43
Offering costs, commissions and fees (80,060) (80,060)                                  
Net income (loss) (2,326,391)   (1,955,703)   (370,688)                            
Distributions declared on common stock (5,331,371)   (5,331,371)                                
Designated derivatives, fair value adjustments 117,941     11,795 106,146                            
Acquired ownership interests 107,225 107,225                                  
Non-controlling interests (3,631,871)       (3,631,871)                            
Ending balance at Jun. 30, 2024 $ 509,436,414 $ 355,049,115 $ (98,396,716) $ 873,883 $ 251,773,641   $ 38,323   $ 269   $ 11,672   $ 65,349   $ 14,694   $ 6,114   $ 70
Ending balance, shares at Jun. 30, 2024 13,640,855         3,832,340 3,832,340 26,861 26,861 1,167,185 1,167,185 6,534,930 6,534,930 1,469,365 1,469,365 611,350 611,350 7,004 7,004