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Related Party Transactions - Summary of Related Party Costs (Detail) - USD ($)
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Related Party Transaction [Line Items]      
Related party costs, Incurred $ 9,190,888 $ 3,835,556 $ 628,189
Related party costs, Payable 5,933,969 1,709,807  
Related Party      
Related Party Transaction [Line Items]      
Related party costs, Incurred 18,073,088 10,338,561  
Related party costs, Paid 13,848,926 9,354,375  
Related party costs, Payable 5,933,969 1,709,807  
Operating Expenses (Including Organizational Costs) | Related Party      
Related Party Transaction [Line Items]      
Related party costs, Incurred 6,784,515 2,761,281  
Related party costs, Paid 3,586,399 1,936,266  
Related party costs, Payable 4,145,602 947,486  
Asset Management Fees | Related Party      
Related Party Transaction [Line Items]      
Related party costs, Incurred 3,420,040 1,348,314  
Related party costs, Paid 2,767,112 1,370,458  
Related party costs, Payable 652,928    
Property Management Fees | Related Party      
Related Party Transaction [Line Items]      
Related party costs, Incurred 1,243,056 551,493  
Related party costs, Paid 982,355 559,698  
Related party costs, Payable 260,701    
Transfer Agent Expenses | Related Party      
Related Party Transaction [Line Items]      
Related party costs, Incurred 319,426 145,716  
Related party costs, Paid 326,613 138,529  
Related party costs, Payable   7,187  
Acquisition Expenses | Related Party      
Related Party Transaction [Line Items]      
Related party costs, Incurred [1] 710,892 631,575  
Related party costs, Paid [1] 179,263 739,556  
Related party costs, Payable [1] 535,303 3,674  
Acquisition Related | Related Party      
Related Party Transaction [Line Items]      
Related party costs, Incurred [2] 5,589,549 4,797,897  
Related party costs, Paid [2] 6,001,574 4,442,083  
Related party costs, Payable [2] 339,435 751,460  
Offering Costs | Related Party      
Related Party Transaction [Line Items]      
Related party costs, Incurred 5,610 102,285  
Related party costs, Paid $ 5,610 $ 167,785  
[1] Amounts include third party acquisition expenses paid by our Sponsor and reimbursed by the Company.
[2] Amounts include acquisition fees paid to our Sponsor and third party earnest money deposits paid by our Sponsor and reimbursed by the Company.