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Segment Reporting - Summary of Financial Results by Segment (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2023
Mar. 31, 2023
Jun. 30, 2022
[1]
Mar. 31, 2022
[2]
Jun. 30, 2023
Jun. 30, 2022
[1]
Revenues            
Rental revenue $ 3,951       $ 7,860  
Total revenues 3,951       7,860  
Expenses            
Rental property operating 1,227       2,358  
Income from investment in real estate debt 431       841  
Loss from investments in real estate-related and other securities (53)       (48)  
Segment net operating income (loss) 3,102       6,295  
Depreciation and amortization (2,117)       (4,370)  
General and administrative (1,182)   $ (2)   (2,285) $ (2)
Mandatorily redeemable Class E units interest costs (526)       (4,669)  
Interest expense (1,757)       (3,925)  
Other income (expense) (128)       (125)  
Net loss (2,608) $ (6,471) (2) [2] $ 0 (9,079) (2) [3]
Net loss attributable to non-controlling interests in consolidated joint ventures (26)       (79)  
Net loss attributable to JPMREIT stockholders, basic (2,582)   $ (2)   (9,000) $ (2)
Multifamily            
Revenues            
Rental revenue 3,641       7,312  
Total revenues 3,641       7,312  
Expenses            
Rental property operating 1,195       2,356  
Segment net operating income (loss) 2,446       4,956  
Depreciation and amortization (2,032)       (4,200)  
Industrial            
Revenues            
Rental revenue 310       548  
Total revenues 310       548  
Expenses            
Rental property operating 35       2  
Segment net operating income (loss) 275       546  
Depreciation and amortization (80)       (161)  
Investment in real estate debt, real estate-related and other securities            
Expenses            
Rental property operating (3)          
Income from investment in real estate debt 431       841  
Loss from investments in real estate-related and other securities (53)       (48)  
Segment net operating income (loss) $ 381       $ 793  
[1] J.P. Morgan Real Estate Income Trust, Inc. was formed on November 5, 2021 and commenced operations on September 2, 2022, accordingly, there were minimal operations during the three and six months ended June 30, 2022.
[2] J.P. Morgan Real Estate Income Trust, Inc. was formed on November 5, 2021 and commenced operations on September 2, 2022, accordingly, there were minimal operations during the three ended March 31, 2022 and June 30, 2022.
[3] J.P. Morgan Real Estate Income Trust, Inc. was formed on November 5, 2021 and commenced operations on September 2, 2022, accordingly, there were minimal operations during the six months ended June 30, 2022.