Capitalization (Tables)

12 Months Ended

Dec. 31, 2023

Equity [Abstract]

Schedule of common stock by class

As of December 31, 2023 and December 31, 2022, the Company had the following classes of common stock authorized, issued and outstanding:

		December 31, 2023		December 31, 2022
Classification	Par Value Per Share	Shares Authorized	Shares Issued and Outstanding	Shares Authorized	Shares Issued and Outstanding
Common Stock	$0.01	—	—	1,000,000,000	20,000
Class T Shares	$0.01	500,000,000	—	—	—
Class S Shares	$0.01	500,000,000	—	—	—
Class D Shares	$0.01	500,000,000	—	—	—
Class I Shares	$0.01	500,000,000	—	—	—
Class E Shares (1)	$0.01	100,000,000	58,500	—	—
Total		2,100,000,000	58,500	1,000,000,000	20,000

(1)On September 1, 2023, the Company issued an aggregate of 38,500 unvested restricted shares of Class E common stock, $0.01 par value per share, with a grant date fair value of $10.00 per share, to the Company's four independent directors as compensation for their services pursuant to the Company’s independent director compensation plan.