Condensed Consolidated Statement of Operations (Unaudited) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Revenues
Rental revenue	$ 6,302	$ 1,543	$ 15,020	$ 3,590
Total revenues	6,302	1,543	15,020	3,590
Expenses
Rental property operating	1,474	208	2,871	412
General and administrative	1,424	1,786	4,703	4,320
Management fee	2,121	1,041	5,437	2,139
Performance participation allocation	75	211	347	358
Depreciation and amortization	2,793	572	6,375	1,200
Total expenses	7,887	3,818	19,733	8,429
Other income
Income from investments in real estate debt	17,366	5,411	41,931	9,306
Other income	1,549	2,153	4,022	4,550
Interest expense	(4,091)		(6,745)
Total other income	14,824	7,564	39,208	13,856
Net income (loss)	13,239	5,289	34,495	9,017
Net income (loss) attributable to non-controlling interests in the Operating Partnership	1,709	1,378	5,127	2,851
Net income (loss) attributable to preferred stockholders			7
Net income (loss) attributable to ARIS stockholders	$ 11,530	$ 3,911	$ 29,361	$ 6,166
Net income (loss) per share of common stock, basic	$ 0.32	$ 0.26	$ 0.96	$ 0.68
Net income (loss) per share of common stock, diluted	$ 0.32	$ 0.26	$ 0.96	$ 0.68
Weighted-average shares of common stock outstanding, basic	36,554,429	15,177,249	30,673,272	9,079,410
Weighted-average shares of common stock outstanding, diluted	36,554,429	15,177,249	30,673,272	9,079,410