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v3.26.1

Organization and Background (Details) $ in Thousands | Jun. 30, 2026 USD ($) state multi-familyProperty property_unit | Jun. 02, 2026 property_unit | Dec. 31, 2025 USD ($)
--- | --- | --- | ---
Real Estate Properties [Line Items] |  |  |
Number of states | state | 11 |  |
Number of units | property_unit | 5,420 |  |
Real estate investment property, net | $ 586,829 |  | $ 596,814
Investments in unconsolidated joint ventures | $ 43,297 |  | $ 46,121
Multifamily |  |  |
Real Estate Properties [Line Items] |  |  |
Number of properties | multi-familyProperty | 21 |  |
Number of units | property_unit |  | 336 |
Real estate investment property, net | $ 585,315 |  |
Unconsolidated Joint Ventures |  |  |
Real Estate Properties [Line Items] |  |  |
Number of states | state | 4 |  |
Unconsolidated Joint Ventures | Multifamily |  |  |
Real Estate Properties [Line Items] |  |  |
Number of units | property_unit | 2,891 |  |
Number of investments | multi-familyProperty | 10 |  |
Investments in unconsolidated joint ventures | $ 43,297 |  |
Preferred Loan Interests | Multifamily |  |  |
Real Estate Properties [Line Items] |  |  |
Number of properties | multi-familyProperty | 2 |  |
Real estate investments, other | $ 17,752 |  |
Consolidated And Unconsolidated Subsidiaries | Multifamily |  |  |
Real Estate Properties [Line Items] |  |  |
Number of properties | multi-familyProperty | 31 |  |
Real estate investments, other | $ 1,514 |  |

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