v3.25.4
Business and Property Management Agreements with RMR - Narrative (Details)
 1 Months Ended 12 Months Ended
Jan. 31, 2025
USD ($)
Dec. 31, 2025
USD ($)
employee
agreement
investor
Dec. 31, 2024
USD ($)
Dec. 31, 2023
USD ($)
Feb. 25, 2022
investor
Related Party Transaction [Line Items]          
Number of employees | employee   0      
Property management fees as percentage of gross collected rents   3.00%      
Construction supervision fees as percentage of construction costs   5.00%      
Number of business days prior written notice for termination of property management agreement   60 days      
Window following a change of control (in months)   12 months      
Number of joint venture agreements | agreement   2      
Monmouth Real Estate Investment Corporation          
Related Party Transaction [Line Items]          
Number of investors | investor         1
12 Mainland Properties          
Related Party Transaction [Line Items]          
Number of investors | investor   2      
Citibank | Credit Agreement and Related Security Agreement | The RMR Group LLC          
Related Party Transaction [Line Items]          
Number of days notice to cure default 30 days        
Citibank | Credit Agreement and Related Security Agreement | The RMR Group LLC | Line of Credit          
Related Party Transaction [Line Items]          
Maximum borrowing capacity of revolving credit facility $ 100,000,000        
Related Party          
Related Party Transaction [Line Items]          
Number of management service agreements | agreement   2      
Incentive fee expense   $ 5,679,000 $ 0 $ 0  
Term remaining prior to termination used in calculation of termination fee (in years)   10 years      
Period of transition services after termination agreement (in days)   120 days      
Related Party | Minimum          
Related Party Transaction [Line Items]          
Termination fee term (in years)   19 years      
Related Party | Maximum          
Related Party Transaction [Line Items]          
Termination fee term (in years)   20 years      
Related Party | Reit Management And Research L L C          
Related Party Transaction [Line Items]          
Number of management service agreements | agreement   2      
Percentage applied on average historical cost of real estate investment properties acquired to calculate base management fee   0.50%      
Base management fee payable as percentage of average historical cost of real estate investments excluding transferred assets for investments up to specified amount   0.70%      
Base management fee payable threshold amount of other real estate investments   $ 250,000,000      
Annual business management fee as percentage of aggregate cost of properties acquired in excess of specified amount   0.50%      
Base management fee payable as percentage of average closing stock price on stock exchange   0.70%      
Base management fee payable as percentage of average market capitalization exceeding specified amount   0.50%      
Percentage for limitation and adjustments of incentive management fee payable   12.00%      
Incentive management fee measurement period (in years)   3 years      
Period of consecutive trading days   10 days      
Period of trading days of measurement period used in calculation   30 days      
Incentive management fee payable   $ 0      
Required return per share to adjust the return per share benchmark (as a percent)   12.00%      
Adjusted benchmark return qualification for management fee reduction minimum   2.00%      
Adjusted benchmark return qualification for management fee reduction maximum   5.00%      
Incentive management fee, percentage of common shares outstanding used in calculation   1.50%