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Subsequent Events - Additional Information (Details)
9 Months Ended
Oct. 01, 2024
USD ($)
KeyHotel
Sep. 30, 2024
USD ($)
Sep. 30, 2023
USD ($)
Dec. 31, 2023
USD ($)
Oct. 31, 2023
USD ($)
Subsequent Event [Line Items]          
First mortgage loan to finance construction         $ 36,000,000
Purchase of real estate-related securities   $ 8,978,000 $ 16,845,000    
Class A-II shares issued, Amount   $ 387,000   $ 220,000  
Subsequent Events          
Subsequent Event [Line Items]          
Debt instrument add-on fundings for loans $ 20,500,000        
Purchase of real estate-related securities 36,500        
Subsequent Events | Class A-II          
Subsequent Event [Line Items]          
Class A-II shares issued, Amount 500,000,000        
Key Hotel located in New York, NY | Subsequent Events          
Subsequent Event [Line Items]          
First mortgage loan to finance construction $ 25,000,000        
Number of units | KeyHotel 367        
J P Morgan Repurchase Agreement | Subsequent Events          
Subsequent Event [Line Items]          
Proceeds from debt $ 1,200,000        
Repayment of outstanding borrowings $ 50,000,000