Consolidated Statements of Changes in Equity - USD ($) $ in Thousands	Total	Total Shareholders' Equity	Total Shareholders' Equity Cumulative Effect, Period of Adoption, Adjustment	Common Stock	Additional Paid-in Capital	Accumulated Other Comprehensive Income (Loss)	Accumulated (Deficit) Earnings and Cumulative Distributions	Accumulated (Deficit) Earnings and Cumulative Distributions Cumulative Effect, Period of Adoption, Adjustment	Non-controlling Interests	Non-controlling Interests Cumulative Effect, Period of Adoption, Adjustment	Total Equity	Total Equity Cumulative Effect, Period of Adoption, Adjustment	Class S Common Shares Common Stock	Class N Common Shares Common Stock	Class D Common Shares Common Stock	Class I Common Shares Common Stock
Beginning balance at Dec. 31, 2022		$ 736,083	$ (5,162)		$ 744,852	$ 3,678	$ (13,212)	$ (5,162)	$ 293,567	$ (1,995)	$ 1,029,650	$ (7,157)	$ 434	$ 0	$ 14	$ 317
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Common shares issued		1,247,005			1,245,790						1,247,005		482		32	701
Offering costs		(37,083)			(37,083)						(37,083)
Distribution reinvestment		40,679			40,639						40,679		20		1	19
Common share repurchases		(38,425)		$ (38,425)	(38,387)						(38,425)		(15)		(2)	(21)
Amortization of restricted stock grants		170			170						170
Net income (loss)		(19,907)					(19,907)		(888)		(20,795)
Other comprehensive income (loss)	$ 142	(626)				(626)			890		264
Distributions declared on common shares		(94,357)					(94,357)				(94,357)
Redeemable common share measurement adjustment		4			4						4
Contributions from non-controlling interests									126		126
Distributions to and redemptions of non-controlling interests									(41,832)		(41,832)
Redeemable non-controlling interests measurement adjustment		(586)			(586)						(586)
Reallocation between additional paid-in capital and non-controlling interests due to changes in ownership		(7,044)			(7,044)				6,847		(197)
Ending balance at Dec. 31, 2023		1,820,751			1,948,355	3,052	(132,638)		256,715		2,077,466		921	0	45	1,016
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Common shares issued		2,354,791			2,352,467						2,354,791		966	151	19	1,188
Offering costs		(65,041)			(65,041)						(65,041)
Distribution reinvestment		102,415			102,314						102,415		48	1	1	51
Common share repurchases		(176,039)		(176,039)	(175,865)						(176,039)		(64)			(110)
Converted common shares					1						0		(1)		(47)	47
Amortization of restricted stock grants		395			395						395
Net income (loss)		160,292					160,292		11,492		171,784
Other comprehensive income (loss)	(22,200)	(21,170)				(21,170)			(847)		(22,017)
Distributions declared on common shares		(214,951)					(214,951)				(214,951)
Redeemable common share measurement adjustment		(227)			(227)						(227)
Contributions from non-controlling interests									174		174
Distributions to and redemptions of non-controlling interests									(29,457)		(29,457)
Redeemable non-controlling interests measurement adjustment		(862)			(862)						(862)
Reallocation between additional paid-in capital and non-controlling interests due to changes in ownership		(12,175)			(12,175)				11,242		(933)
Ending balance at Dec. 31, 2024	4,197,498	3,948,179			4,149,362	(18,118)	(187,297)		249,319		4,197,498		1,870	152	18	2,192
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Common shares issued		3,208,527			3,205,401						3,208,527		1,232	322	60	1,512
Offering costs		(98,733)			(98,733)						(98,733)
Distribution reinvestment		194,234			194,048						194,234		87	9	2	88
Common share repurchases		(331,163)		$ (331,163)	(330,841)						(331,163)		(94)	(5)	(3)	(220)
Converted common shares											0		(25)		12	13
Amortization of restricted stock grants		212			212						212
Net income (loss)		465,032					465,032		20,496		485,528
Other comprehensive income (loss)	18,295	17,363				17,363			622		17,985
Distributions declared on common shares		(385,791)					(385,791)				(385,791)
Redeemable common share measurement adjustment		(268)			(268)						(268)
Contributions from non-controlling interests		4,915			4,915				17,963		22,878
Distributions to and redemptions of non-controlling interests									(52,585)		(52,585)
Redeemable non-controlling interests measurement adjustment		(2,488)			(2,488)						(2,488)
Reallocation between additional paid-in capital and non-controlling interests due to changes in ownership		(3,199)			(3,199)				2,764		(435)
Ending balance at Dec. 31, 2025	$ 7,255,399	$ 7,016,820			$ 7,118,409	$ (755)	$ (108,056)		$ 238,579		$ 7,255,399		$ 3,070	$ 478	$ 89	$ 3,585