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Borrowings - Schedule of Mortgage Notes (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Dec. 31, 2022
Cortona Apartments | SOFR          
Debt Instrument [Line Items]          
Variable interest rate     0.11448%    
Mortgages Payable          
Debt Instrument [Line Items]          
Principal Balance Outstanding $ 380,339   $ 380,339   $ 378,623
Deferred financing costs, net (3,233)   (3,233)   (3,890)
Mortgage notes payable, net $ 377,106   $ 377,106   374,733
Mortgages Payable | Cortona Apartments          
Debt Instrument [Line Items]          
Interest rate 2.65%   2.65%    
Maximum Principal Amount $ 45,000   $ 45,000    
Principal Balance Outstanding $ 45,000   $ 45,000   45,000
Mortgages Payable | Cortona Apartments | Weighted Average          
Debt Instrument [Line Items]          
Debt instrument, interest rate during period 7.25% 2.90% 7.01% 2.78%  
Mortgages Payable | Cortona Apartments | LIBOR          
Debt Instrument [Line Items]          
Variable interest rate     2.40%    
Mortgages Payable | Bixby Kennesaw          
Debt Instrument [Line Items]          
Maximum Principal Amount $ 53,000   $ 53,000    
Principal Balance Outstanding $ 53,000   $ 53,000   53,000
Mortgages Payable | Bixby Kennesaw | Weighted Average          
Debt Instrument [Line Items]          
Debt instrument, interest rate during period 6.60% 2.37% 6.29% 2.06%  
Mortgages Payable | Bixby Kennesaw | SOFR          
Debt Instrument [Line Items]          
Variable interest rate     1.00%    
Mortgages Payable | Tempe Student Housing          
Debt Instrument [Line Items]          
Maximum Principal Amount $ 65,500   $ 65,500    
Principal Balance Outstanding $ 65,500   $ 65,500   65,500
Mortgages Payable | Tempe Student Housing | Weighted Average          
Debt Instrument [Line Items]          
Debt instrument, interest rate during period 6.40% 2.11% 6.09% 1.96%  
Mortgages Payable | Tempe Student Housing | SOFR          
Debt Instrument [Line Items]          
Variable interest rate     1.75%    
Mortgages Payable | Cortlandt Crossing          
Debt Instrument [Line Items]          
Interest rate 3.13%   3.13%    
Maximum Principal Amount $ 39,660   $ 39,660    
Principal Balance Outstanding 39,660   39,660   39,660
Mortgages Payable | Everly Roseland Apartments          
Debt Instrument [Line Items]          
Maximum Principal Amount 113,500   113,500    
Principal Balance Outstanding $ 107,179   $ 107,179   105,463
Debt instrument, interest rate during period   2.33%   2.33%  
Mortgages Payable | Everly Roseland Apartments | Weighted Average          
Debt Instrument [Line Items]          
Debt instrument, interest rate during period 6.42%   6.21%    
Mortgages Payable | Everly Roseland Apartments | SOFR          
Debt Instrument [Line Items]          
Variable interest rate     1.45%    
Mortgages Payable | Midwest Industrial Portfolio          
Debt Instrument [Line Items]          
Interest rate 4.44%   4.44%    
Maximum Principal Amount $ 70,000   $ 70,000    
Principal Balance Outstanding $ 70,000   $ 70,000   $ 70,000
Mortgages Payable | Midwest Industrial Portfolio, One          
Debt Instrument [Line Items]          
Interest rate 4.44%   4.44%    
Maximum Principal Amount $ 35,000   $ 35,000    
Mortgages Payable | Midwest Industrial Portfolio, Two          
Debt Instrument [Line Items]          
Interest rate 2.20%   2.20%    
Maximum Principal Amount $ 35,000   $ 35,000    
Debt instrument, interest rate during period 5.57%   5.44%    
Mortgages Payable | Midwest Industrial Portfolio, Two | Weighted Average          
Debt Instrument [Line Items]          
Debt instrument, interest rate during period   3.84%   3.84%  
Mortgages Payable | Midwest Industrial Portfolio, Two | SOFR          
Debt Instrument [Line Items]          
Variable interest rate     1.70%