Summary of Significant Accounting Policies and Estimates - Narrative (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2025 USD ($) arrangement	Dec. 31, 2024 USD ($) arrangement tenant	Dec. 31, 2023 USD ($) tenant
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Number of lease agreements | arrangement	3	1
Depreciation expense	$ 96,231	$ 86,438	$ 65,024
Interest costs capitalized	1,328	1,101	17,346
Impairment charges	0	$ 24,053	$ 9,033
Number of tenants with impairment charges | tenant		2	1
Restricted cash	$ 48,521	$ 50,069	$ 77,583
Deferred offering costs repayment term	60 months
Advanced organization and offering costs	$ 7,060	9,677
Reimbursed organization and offering costs	4,326	2,491
Deferred tax assets, valuation allowance	1,640	0
Liabilities measured above carrying value	1,136
Liabilities measured below carrying value		910
Provision for current expected credit losses	22,515	22,934
Allowance for credit losses related to its investment in real estate designated as held-to-maturity	$ 2,829	$ 0
Level 3 | Valuation, Income Approach | Weighted Average Capitalization Rate
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Alternative investment, measurement input	0.070
Level 3 | Valuation, Income Approach | Weighted Average Interest Rate
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Debt securities, available-for-sale, measurement input	0.066
Long-term debt, measurement input	0.054
Affiliated Entity | Class S Common Shares
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Upfront sales load percentage	3.50%
Ongoing Servicing Fees | Affiliated Entity | Class S Common Shares
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Ongoing servicing fee	0.85%
Ongoing Servicing Fees | Affiliated Entity | Common Class S-1
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Ongoing servicing fee	0.85%
Ongoing Servicing Fees | Affiliated Entity | Common Class N-1
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Ongoing servicing fee	0.50%
Ongoing Servicing Fees | Affiliated Entity | Common Class D-1
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Ongoing servicing fee	0.25%
Minimum
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Term of contract	10 years
Maximum
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Term of contract	25 years