Investments in Real Estate, net - Narrative (Details) ft² in Thousands, $ in Thousands	Dec. 31, 2025 USD ($) ft²	Dec. 31, 2024 USD ($) ft²
Real Estate [Line Items]
Placed in service		$ 5,603
Investments in real estate debt	$ 2,101,147	$ 696,052
Rentable square feet of gross leasable area (in square feet) \| ft²	25,929	19,108
Occupancy rate	1	0.99
Land
Real Estate [Line Items]
Placed in service	$ 10,395	$ 894
Buildings
Real Estate [Line Items]
Placed in service	27,064	3,699
Land improvements
Real Estate [Line Items]
Placed in service	9,371	1,010
Equipment Share
Real Estate [Line Items]
Placed in service	46,830
Construction in progress, gross	36,567	4,813
Investments in real estate debt	$ 10,263	$ 790

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Real Estate Investment Property, Placed In Service

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Amount of investment in debt security measured at fair value with change in fair value recognized in other comprehensive income (available-for-sale).

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Amount of structure or a modification to a structure under construction. Includes recently completed structures or modifications to structures that have not been placed into service.

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Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.

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