Condensed Consolidated Statement of Operations (Unaudited) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Revenues
Rental revenue	$ 3,663	$ 993
Total revenues	3,663	993
Expenses
Rental property operating	573	92
General and administrative	1,537	1,105
Management fee	1,511	399
Performance participation allocation	203
Depreciation and amortization	1,455	283
Total expenses	5,279	1,879
Other income
Income from investments in real estate debt	11,114	735
Other income	908	834
Interest expense	(770)
Total other income	11,252	1,569
Net income (loss)	9,636	683
Net income (loss) attributable to non-controlling interests in the ARIS Operating Partnership	1,697	348
Net income (loss) attributable to ARIS stockholders	$ 7,939	$ 335
Net income (loss) per share of common stock, basic	$ 0.32	$ 0.1
Net income (loss) per share of common stock, diluted	$ 0.32	$ 0.1
Weighted-average shares of common stock outstanding, basic	24,902,305	3,248,791
Weighted-average shares of common stock outstanding, diluted	24,902,305	3,248,791