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Segment Reporting - Summary of Financial Results by Segment (Details) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2023
Jun. 30, 2023
Mar. 31, 2023
Sep. 30, 2022
Jun. 30, 2022
[1]
Mar. 31, 2022
[1]
Sep. 30, 2023
Sep. 30, 2022
Revenues                
Rental revenue $ 4,774           $ 12,634  
Total revenues 4,774           12,634  
Expenses                
Rental property operating 1,468           3,826  
Income from investment in real estate debt 447     $ 105     1,287 $ 105
Loss from investments in real estate-related and other securities (318)           (366)  
Segment net operating income (loss) 3,435           9,729  
Depreciation and amortization (1,674)     (4)     (6,044) (4)
General and administrative (989)     (1,527)     (3,274) (1,528)
Mandatorily redeemable instruments interest costs (1,376)     (27)     (6,045) (27)
Interest expense (1,708)     (55)     (5,632) (55)
Other income (expenses), net 114     (152)     (11) (153)
Net loss (2,198) $ (2,608) $ (6,471) (1,660) $ (2) $ 0 (11,277) (1,662)
Net loss attributable to non-controlling interests in consolidated joint ventures (10)           (89)  
Net loss attributable to JPMREIT stockholders, basic (2,188)     $ (1,660)     (11,188) $ (1,662)
Multifamily                
Revenues                
Rental revenue 3,613           10,926  
Total revenues 3,613           10,926  
Expenses                
Rental property operating 1,334           3,690  
Segment net operating income (loss) 2,279           7,236  
Depreciation and amortization (1,081)           (5,281)  
Industrial                
Revenues                
Rental revenue 1,161           1,708  
Total revenues 1,161           1,708  
Expenses                
Rental property operating 134           136  
Segment net operating income (loss) 1,027           1,572  
Depreciation and amortization (589)           (750)  
Investment in real estate debt, real estate-related and other securities                
Expenses                
Income from investment in real estate debt 447           1,287  
Loss from investments in real estate-related and other securities (318)           (366)  
Segment net operating income (loss) $ 129           $ 921  
[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 months ended March 31, 2022 and June 30, 2022.