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Investments in Real Estate - Schedule of Real Estate Properties Under Construction (Details) $ in Thousands | 3 Months Ended |
--- | --- | ---
Mar. 31, 2025 USD ($) ft² building | Dec. 31, 2024 USD ($)
Real Estate [Line Items] |  |
Estimated Sq. Ft. | ft² | 252,351 |
Estimated Project Cost | $ 16,159 |
GAAP Investment Balance as of period end | 17,500 | $ 5,947
Amount Funded as of period end | $ 7,036 |
Richmond, VA | Richmond | Redevelopment Project |  |
Real Estate [Line Items] |  |
Project (% owned) | 100.00% |
# of Buildings | building | 1 |
Estimated Sq. Ft. | ft² | 252,351 |
Estimated Project Cost | $ 4,700 |
GAAP Investment Balance as of period end | $ 11,119 |
Number of buildings | building | 4 |
Phoenix, AZ | Reems & Olive | Land Infrastructure Improvements |  |
Real Estate [Line Items] |  |
Project (% owned) | 95.50% |
Estimated Project Cost | $ 11,459 |
GAAP Investment Balance as of period end | 6,381 |
Amount Funded as of period end | $ 7,036 |

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