Schedule III - Real Estate and Accumulated Depreciation - Investment in Real Estate (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 339,034
Initial Cost - Land and Land Improvements	147,840
Initial Cost - Building and Improvements	550,317
Cost Capitalized Subsequent to Acquisition - Land and Land Improvements	571
Cost Capitalized Subsequent to Acquisition - Building and Building Improvements	13,642
Gross Amounts at which Carried at the Close of Period - Land and Land Improvements	148,411
Gross Amounts at which Carried at the Close of Period - Building and Building Improvements	563,958
Total	712,369	$ 770,565	$ 429,814	$ 60,800
Accumulated Depreciation	(34,869)	$ (20,860)	$ (3,908)	$ (27)
Willows Commerce 9805
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Initial Cost - Land and Land Improvements	8,660
Initial Cost - Building and Improvements	18,109
Cost Capitalized Subsequent to Acquisition - Land and Land Improvements	0
Cost Capitalized Subsequent to Acquisition - Building and Building Improvements	3,531
Gross Amounts at which Carried at the Close of Period - Land and Land Improvements	8,660
Gross Amounts at which Carried at the Close of Period - Building and Building Improvements	21,639
Total	30,299
Accumulated Depreciation	(2,884)
13034 Excelsior
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Initial Cost - Land and Land Improvements	3,865
Initial Cost - Building and Improvements	13,036
Cost Capitalized Subsequent to Acquisition - Land and Land Improvements	0
Cost Capitalized Subsequent to Acquisition - Building and Building Improvements	451
Gross Amounts at which Carried at the Close of Period - Land and Land Improvements	3,865
Gross Amounts at which Carried at the Close of Period - Building and Building Improvements	13,487
Total	17,352
Accumulated Depreciation	(1,089)
5201 Industry
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Initial Cost - Land and Land Improvements	2,115
Initial Cost - Building and Improvements	9,180
Cost Capitalized Subsequent to Acquisition - Land and Land Improvements	0
Cost Capitalized Subsequent to Acquisition - Building and Building Improvements	0
Gross Amounts at which Carried at the Close of Period - Land and Land Improvements	2,115
Gross Amounts at which Carried at the Close of Period - Building and Building Improvements	9,180
Total	11,295
Accumulated Depreciation	(741)
Midwest Industrial Portfolio
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	70,000
Initial Cost - Land and Land Improvements	15,715
Initial Cost - Building and Improvements	86,688
Cost Capitalized Subsequent to Acquisition - Land and Land Improvements	0
Cost Capitalized Subsequent to Acquisition - Building and Building Improvements	339
Gross Amounts at which Carried at the Close of Period - Land and Land Improvements	15,715
Gross Amounts at which Carried at the Close of Period - Building and Building Improvements	87,027
Total	102,742
Accumulated Depreciation	(5,400)
Salem Self-Storage Portfolio
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Initial Cost - Land and Land Improvements	7,768
Initial Cost - Building and Improvements	35,421
Cost Capitalized Subsequent to Acquisition - Land and Land Improvements	61
Cost Capitalized Subsequent to Acquisition - Building and Building Improvements	128
Gross Amounts at which Carried at the Close of Period - Land and Land Improvements	7,829
Gross Amounts at which Carried at the Close of Period - Building and Building Improvements	35,549
Total	43,378
Accumulated Depreciation	(2,422)
South Loop Storage
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Initial Cost - Land and Land Improvements	1,881
Initial Cost - Building and Improvements	7,776
Cost Capitalized Subsequent to Acquisition - Land and Land Improvements	15
Cost Capitalized Subsequent to Acquisition - Building and Building Improvements	52
Gross Amounts at which Carried at the Close of Period - Land and Land Improvements	1,896
Gross Amounts at which Carried at the Close of Period - Building and Building Improvements	7,828
Total	9,724
Accumulated Depreciation	(500)
Bixby Kennesaw
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	53,000
Initial Cost - Land and Land Improvements	5,570
Initial Cost - Building and Improvements	66,130
Cost Capitalized Subsequent to Acquisition - Land and Land Improvements	133
Cost Capitalized Subsequent to Acquisition - Building and Building Improvements	143
Gross Amounts at which Carried at the Close of Period - Land and Land Improvements	5,703
Gross Amounts at which Carried at the Close of Period - Building and Building Improvements	66,273
Total	71,976
Accumulated Depreciation	(3,814)
The Carmin (f/k/a Tempe Student Housing)
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	65,500
Initial Cost - Land and Land Improvements	18,406
Initial Cost - Building and Improvements	135,886
Cost Capitalized Subsequent to Acquisition - Land and Land Improvements	0
Cost Capitalized Subsequent to Acquisition - Building and Building Improvements	2,152
Gross Amounts at which Carried at the Close of Period - Land and Land Improvements	18,406
Gross Amounts at which Carried at the Close of Period - Building and Building Improvements	138,038
Total	156,444
Accumulated Depreciation	(7,118)
University Parkway Storage (f/k/a Winston-Salem Self-Storage)
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Initial Cost - Land and Land Improvements	2,267
Initial Cost - Building and Improvements	8,718
Cost Capitalized Subsequent to Acquisition - Land and Land Improvements	22
Cost Capitalized Subsequent to Acquisition - Building and Building Improvements	23
Gross Amounts at which Carried at the Close of Period - Land and Land Improvements	2,289
Gross Amounts at which Carried at the Close of Period - Building and Building Improvements	8,741
Total	11,030
Accumulated Depreciation	(423)
Bend Self-Storage Portfolio
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Initial Cost - Land and Land Improvements	3,350
Initial Cost - Building and Improvements	13,189
Cost Capitalized Subsequent to Acquisition - Land and Land Improvements	13
Cost Capitalized Subsequent to Acquisition - Building and Building Improvements	17
Gross Amounts at which Carried at the Close of Period - Land and Land Improvements	3,363
Gross Amounts at which Carried at the Close of Period - Building and Building Improvements	13,206
Total	16,569
Accumulated Depreciation	(574)
Clarksville Self-Storage Portfolio
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Initial Cost - Land and Land Improvements	4,660
Initial Cost - Building and Improvements	17,259
Cost Capitalized Subsequent to Acquisition - Land and Land Improvements	327
Cost Capitalized Subsequent to Acquisition - Building and Building Improvements	25
Gross Amounts at which Carried at the Close of Period - Land and Land Improvements	4,987
Gross Amounts at which Carried at the Close of Period - Building and Building Improvements	17,284
Total	22,271
Accumulated Depreciation	(855)
Everly Roseland
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	110,874
Initial Cost - Land and Land Improvements	53,200
Initial Cost - Building and Improvements	102,347
Cost Capitalized Subsequent to Acquisition - Land and Land Improvements	0
Cost Capitalized Subsequent to Acquisition - Building and Building Improvements	6,667
Gross Amounts at which Carried at the Close of Period - Land and Land Improvements	53,200
Gross Amounts at which Carried at the Close of Period - Building and Building Improvements	109,014
Total	162,214
Accumulated Depreciation	(6,594)
Cortlandt Crossing
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	39,660
Initial Cost - Land and Land Improvements	20,383
Initial Cost - Building and Improvements	36,578
Cost Capitalized Subsequent to Acquisition - Land and Land Improvements	0
Cost Capitalized Subsequent to Acquisition - Building and Building Improvements	114
Gross Amounts at which Carried at the Close of Period - Land and Land Improvements	20,383
Gross Amounts at which Carried at the Close of Period - Building and Building Improvements	36,692
Total	57,075
Accumulated Depreciation	$ (2,455)