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Investments in Real Estate - Schedule of Real Estate Properties Under Construction (Details) $ in Thousands | 9 Months Ended |
--- | --- | ---
Sep. 30, 2025 USD ($) ft² building | Dec. 31, 2024 USD ($)
Real Estate [Line Items] |  |
# of Buildings | building | 2 |
Estimated Sq. Ft. | ft² | 603,341 |
Estimated Project Cost | $ 29,450 |
GAAP Investment Balance as of period end | 37,910 | $ 5,947
Amount Funded as of period end | $ 13,827 |
Redevelopment Projects |  |
Real Estate [Line Items] |  |
# of Buildings | building | 2 |
Estimated Sq. Ft. | ft² | 603,341 |
Estimated Project Cost | $ 13,200 |
GAAP Investment Balance as of period end | 26,933 |
Amount Funded as of period end | $ 1,382 |
Central FL | Orlando | Redevelopment Projects |  |
Real Estate [Line Items] |  |
Project (% owned) | 100.00% |
# of Buildings | building | 1 |
Estimated Sq. Ft. | ft² | 350,990 |
Estimated Project Cost | $ 9,400 |
GAAP Investment Balance as of period end | 15,199 |
Amount Funded as of period end | $ 878 |
Richmond, VA |  |
Real Estate [Line Items] |  |
Number of buildings | building | 4 |
Richmond, VA | Richmond | Redevelopment Projects |  |
Real Estate [Line Items] |  |
Project (% owned) | 100.00% |
# of Buildings | building | 1 |
Estimated Sq. Ft. | ft² | 252,351 |
Estimated Project Cost | $ 3,800 |
GAAP Investment Balance as of period end | 11,734 |
Amount Funded as of period end | $ 504 |
Phoenix, AZ | Reems & Olive | Land Infrastructure Improvements |  |
Real Estate [Line Items] |  |
Project (% owned) | 95.50% |
Estimated Project Cost | $ 16,250 |
GAAP Investment Balance as of period end | 10,977 |
Amount Funded as of period end | $ 12,445 |

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- Definition 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. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 360 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482099/360-10-50-1 + Details
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