XML 17 R5.htm IDEA: XBRL DOCUMENT v3.24.1
Consolidated Statements of Changes in Equity - USD ($)
$ in Thousands
Total
Common Stock
Common Stock Class D
Common Stock
Common Stock Class I
Common Stock
Common Stock Class S
Common Stock
Common Stock Class E
Additional Paid-In Capital
Accumulated Deficit
Total Stockholder's Equity
Non-Controlling Interests
Beginning balance at Nov. 05, 2021              
Common stock issued 200         200   $ 200  
Ending balance at Dec. 31, 2021 200         200   200  
Net loss (3,753)           $ (3,732) (3,732) $ (21)
Common stock issued 24,010   $ 1   $ 24 23,985   24,010  
Distributions declared on common stock (81)           (81) (81)  
Contributions from non-controlling interests 2,329               2,329
Offering costs (4,804)         (4,804)   (4,804)  
Amortization of restricted stock grants 45         45   45  
Ending balance at Dec. 31, 2022 17,946   1   24 19,426 (3,813) 15,638 2,308
Net loss (8,429)           (8,326) (8,326) (103)
Common stock issued 104,339 $ 5 53 $ 1 40 104,240   104,339  
Distributions declared on common stock (3,540)           (3,540) (3,540)  
Distribution reinvestments 646         646   646  
Distributions to non-controlling interests (98)               (98)
Common stock repurchased (370)         (370)   (370)  
Offering costs (1,121)         (1,121)   (1,121)  
Amortization of restricted stock grants 94         94   94  
Ending balance at Dec. 31, 2023 $ 109,467 $ 5 $ 54 $ 1 $ 64 $ 122,915 $ (15,679) $ 107,360 $ 2,107