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Related Party Transactions - Summary of Related Party Costs (Detail) - USD ($)
3 Months Ended 12 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Dec. 31, 2023
Related Party Transaction [Line Items]      
Related party costs, Incurred $ 2,928,714 $ 1,801,181  
Related party costs, Payable 9,284,486   $ 5,933,969
Related Party      
Related Party Transaction [Line Items]      
Related party costs, Incurred 3,768,144   18,073,088
Related party costs, Paid 417,627   13,848,926
Related party costs, Payable 9,284,486   5,933,969
Operating Expenses (Including Organizational Costs) | Related Party      
Related Party Transaction [Line Items]      
Related party costs, Incurred 2,104,048   6,784,515
Related party costs, Paid 417,627   3,586,399
Related party costs, Payable 5,832,023   4,145,602
Asset Management Fees | Related Party      
Related Party Transaction [Line Items]      
Related party costs, Incurred 1,059,898   3,420,040
Related party costs, Paid     2,767,112
Related party costs, Payable 1,712,826   652,928
Property Management Fees | Related Party      
Related Party Transaction [Line Items]      
Related party costs, Incurred 392,516   1,243,056
Related party costs, Paid     982,355
Related party costs, Payable 653,217   260,701
Transfer Agent Expenses | Related Party      
Related Party Transaction [Line Items]      
Related party costs, Incurred     319,426
Related party costs, Paid     326,613
Acquisition Expenses | Related Party      
Related Party Transaction [Line Items]      
Related party costs, Incurred [1] 178,423   710,892
Related party costs, Paid [1]     179,263
Related party costs, Payable [1] 713,726   535,303
Acquisition Related | Related Party      
Related Party Transaction [Line Items]      
Related party costs, Incurred [2] 33,259   5,589,549
Related party costs, Paid [2]     6,001,574
Related party costs, Payable [2] $ 372,694   339,435
Offering Costs | Related Party      
Related Party Transaction [Line Items]      
Related party costs, Incurred     5,610
Related party costs, Paid     $ 5,610
[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.