XML 40 R24.htm IDEA: XBRL DOCUMENT v3.24.1
Related Party Transactions - Narrative (Details) - $ / shares
Aug. 01, 2023
Jul. 31, 2023
Primary Offering    
Related Party Transaction [Line Items]    
Price per share (in dollars per share) $ 10.00  
Related Party | EQRT OP    
Related Party Transaction [Line Items]    
Performance participation interest allocation, percent of total return   12.50%
Performance benchmark, annual hurdle amount   5.00%
Related Party | Common Class T, Class S, Class D and Class I shares    
Related Party Transaction [Line Items]    
Management fee, percent of NAV   1.25%
Related Party | Common Class T, Class S, Class D and Class I shares | EQRT OP    
Related Party Transaction [Line Items]    
Management fee, percent of NAV of shares now owned by company   1.25%
Related Party | Common Stock Class E | EQRT OP    
Related Party Transaction [Line Items]    
Management fee, percent of NAV of shares now owned by company   0.00%
Related Party | Common Stock Class T | EQTE Brokerage LLC    
Related Party Transaction [Line Items]    
Distribution fee percentage   0.85%
Related Party | Common Stock Class T | EQTE Brokerage LLC | Primary Offering    
Related Party Transaction [Line Items]    
Dealer manager agreement, percent selling commission   3.00%
Upfront dealer manager fee percentage   0.50%
Maximum percentage of transaction price   3.50%
Related Party | Common Stock Class S | EQTE Brokerage LLC    
Related Party Transaction [Line Items]    
Distribution fee percentage   0.85%
Related Party | Common Stock Class S | EQTE Brokerage LLC | Primary Offering    
Related Party Transaction [Line Items]    
Dealer manager agreement, percent selling commission   3.50%
Related Party | Common Stock Class D | EQTE Brokerage LLC    
Related Party Transaction [Line Items]    
Distribution fee percentage   0.25%
Related Party | Common Stock Class D | EQTE Brokerage LLC | Primary Offering    
Related Party Transaction [Line Items]    
Dealer manager agreement, percent selling commission   1.50%
Related Party | Common Class I and Class E | EQTE Brokerage LLC    
Related Party Transaction [Line Items]    
Distribution fee percentage   0.00%
Related Party | Common Class T, Class S and Class D | EQTE Brokerage LLC | Primary Offering    
Related Party Transaction [Line Items]    
Dealer management agreement fees and commissions, maximum percentage of NAV   8.75%