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Summary of Significant Accounting Policies - Fair Value of Assets on Recurring Basis (Details) - USD ($)
$ in Thousands
Dec. 31, 2025
Dec. 31, 2024
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Derivatives $ 1,553 $ 3,747
Derivative Liability $ 2,345 $ 0
Measurement Input, Discount Rate | Valuation Technique, Discounted Cash Flow    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Unobservable Inputs 8.20%  
Measurement Input, Cap Rate | Valuation Technique, Discounted Cash Flow    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Unobservable Inputs 5.60% 5.20%
Investments in real estate-related securities | Measurement Input, Discount Rate | Valuation Technique, Discounted Cash Flow    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Unobservable Inputs 15.10% 18.70%
Net Lease | Measurement Input, Discount Rate | Valuation Technique, Discounted Cash Flow    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Unobservable Inputs   6.30%
Fair Value, Recurring    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Investments in real estate-related loans and securities $ 56,033 $ 57,816
Investments in unconsolidated entities 167,788 81,566
Derivatives 1,553 3,645
Total 308,861 143,129
Debt Securities, Trading 83,487 0
Liabilities, Fair Value Disclosure 2,345 0
Fair Value, Recurring | Interest Rate Swaps    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Derivatives 0 102
Derivative Liability 3 0
Fair Value, Recurring | Derivatives Excluding Interest Rate Swap    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Derivative Liability 2,342 0
Level 1 | Fair Value, Recurring    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Investments in real estate-related loans and securities 0 0
Investments in unconsolidated entities 0 0
Derivatives 0 0
Total 0 0
Debt Securities, Trading 0 0
Liabilities, Fair Value Disclosure 0 0
Level 1 | Fair Value, Recurring | Interest Rate Swaps    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Derivatives 0 0
Derivative Liability 0 0
Level 1 | Fair Value, Recurring | Derivatives Excluding Interest Rate Swap    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Derivative Liability 0 0
Level 2 | Fair Value, Recurring    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Investments in real estate-related loans and securities 50,863 51,578
Investments in unconsolidated entities 0 0
Derivatives 1,553 3,645
Total 135,903 55,325
Debt Securities, Trading 83,487 0
Liabilities, Fair Value Disclosure 2,345 0
Level 2 | Fair Value, Recurring | Interest Rate Swaps    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Derivatives 0 102
Derivative Liability 3 0
Level 2 | Fair Value, Recurring | Derivatives Excluding Interest Rate Swap    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Derivative Liability 2,342 0
Level 3 | Fair Value, Recurring    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Investments in real estate-related loans and securities 5,170 6,238
Investments in unconsolidated entities 167,788 81,566
Derivatives 0 0
Total 172,958 87,804
Debt Securities, Trading 0 0
Liabilities, Fair Value Disclosure 0 0
Level 3 | Fair Value, Recurring | Interest Rate Swaps    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Derivatives 0 0
Derivative Liability 0 0
Level 3 | Fair Value, Recurring | Derivatives Excluding Interest Rate Swap    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Derivative Liability $ 0 0
Level 3 | Fair Value, Recurring | Investments in real estate-related securities    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Investments in real estate-related loans and securities   6,238
Level 3 | Fair Value, Recurring | Net Lease    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Investments in unconsolidated entities   $ 81,566