Consolidated Statements of Changes in Stockholders' Equity (Deficit) - USD ($) $ in Thousands	Total	Preferred stock	Total Stockholders’ Equity	Common Stock	Common Stock Common Stock Class I	Common Stock Common Stock Class S	Common Stock Common Stock Class C	Common Stock Common Stock Class E	Common Stock Common Stock Class D	Additional Paid-In Capital	Accumulated Deficit	Non-controlling Interests in Consolidated Joint Ventures	Non-controlling Interests Attributable to Preferred Shareholders	Non-controlling Interests Attributable to Preferred Shareholders Preferred stock	Non-controlling Interest Attributable to Operating Partnership Unitholders
Beginning Balance at Dec. 31, 2022	$ 967,660		$ 963,214	$ 424		$ 367	$ 94	$ 0	$ 0	$ 1,063,079	$ (100,750)	$ 4,071	$ 375
Stock issued	131,322		131,322		$ 56	35			1	131,230
Offering costs	(625)		(625)							(625)
Distribution reinvestment	37,712		37,712		17	10				37,685
Common stock repurchased	(203,841)		(203,841)		(82)	(70)	(11)			(203,678)
Stock-based compensation	323		323							323
Net income (loss)	(50,040)		(48,906)								(48,906)	(1,179)	45
Distributions declared on common stock	(64,304)		(64,304)								(64,304)
Distributions to non-controlling interests	(67)											(22)	(45)
Contributions from non-controlling interests	152											152
Allocation to redeemable non-controlling interests	14		14							14
Ending Balance at Dec. 31, 2023	818,306		814,909	415		342	83	0	1	1,028,028	(213,960)	3,022	375
Stock issued	68,167	$ 375	68,167		45	8				68,114				$ 375
Offering costs	3,951		3,951							3,951
Distribution reinvestment	33,271		33,271		19	9				33,243
Common stock repurchased	(510,052)		(509,927)		(337)	(81)	(17)			(509,492)			(125)
Stock-based compensation	300		300							300
Net income (loss)	(32,181)		(31,450)								(31,450)	(800)	69
Distributions declared on common stock	(54,962)		(54,962)								(54,962)
Distributions to non-controlling interests	(143)											(74)	(69)
Contributions from non-controlling interests	16,763											16,763
Allocation to redeemable non-controlling interests	(1,033)		(1,033)							(4,713)	3,680
Ending Balance at Dec. 31, 2024	342,762		323,226	142		278	66	0	1	619,431	(296,692)	18,911	625		$ 0
Stock issued	545,685		545,685		476	7			0	545,202
Offering costs	954		954							954
Distribution reinvestment	14,940		14,940		5	8				14,927
Common stock repurchased	(124,468)		(124,468)		$ (49)	(43)	(25)			(124,351)
Stock-based compensation	325		325							325
Net income (loss)	(3,207)		(5,084)								(5,084)	1,845	77		(45)
Distributions declared on common stock	(49,654)		(49,654)								(49,654)
Distributions to non-controlling interests	(2,828)											(2,565)	(77)		(186)
Contributions from non-controlling interests	110,142											93,827			16,315
Allocation to redeemable non-controlling interests	(2,082)		(2,082)							(2,998)	916
Ending Balance at Dec. 31, 2025	$ 832,569		$ 703,842	$ 574		$ 250	$ 41	$ 0	$ 1	$ 1,053,490	$ (350,514)	$ 112,018	$ 625		$ 16,084