v3.25.4
Summary of Significant Accounting Policies - Additional Information (Details) - USD ($)
 12 Months Ended 54 Months Ended 78 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2023
Dec. 31, 2025
Jan. 01, 2023
Jun. 28, 2019
Summary Of Significant Accounting Policies Disclosures [Line Items]              
Cash and cash equivalents, description Cash and cash equivalents include funds on deposit with financial institutions, including demand deposits with financial institutions with original maturities of three months or less.            
Restricted cash $ 2,549,000 $ 0     $ 2,549,000    
Allowance for credit losses 3,930,000 [1] 13,898,000 [1] $ 21,849,000 $ 21,849,000 3,930,000 [1] $ 3,588,000  
Commercial mortgage loans held for investment 347,893,000 [1] 549,173,000 [1] 722,003,000 $ 722,003,000 347,893,000 [1]    
Uncertain tax positions 0 0     0    
Uncertain tax positions, income tax interest or penalties 0 0 $ 0        
Cumulative net operating losses 3,628,000 3,960,000     3,628,000    
Deferred tax assets, net operating losses have no expiration $ 1,034,000 $ 1,129,000     $ 1,034,000    
Effective tax rate 28.51%            
Federal tax rate 21.00%            
IL tax rate 7.51%            
State rate net of federal benefit 9.50%            
Valuation allowance $ 1,034,000            
Adoption of ASU 2016-13, increase to accumulated deficit $ 5,122,000            
Advisor              
Summary Of Significant Accounting Policies Disclosures [Line Items]              
Maximum percentage of gross proceeds from issuance of initial public offering       15.00% 15.00%    
Class P Common Stock              
Summary Of Significant Accounting Policies Disclosures [Line Items]              
Shares issued excluding issuance cost price per share             $ 25.00
Shares issued, price per share             $ 27.38
Maximum | Buildings and Improvements              
Summary Of Significant Accounting Policies Disclosures [Line Items]              
REO assets estimated useful lives 42 years       42 years    
Maximum | Furniture, Fixtures and Equipment              
Summary Of Significant Accounting Policies Disclosures [Line Items]              
REO assets estimated useful lives 15 years       15 years    
ASU 2016-13              
Summary Of Significant Accounting Policies Disclosures [Line Items]              
Allowance for credit losses           $ 8,375,000  
Change in Accounting Principle, Accounting Standards Update, Adoption Date Jan. 01, 2023       Jan. 01, 2023    
Change in Accounting Principle, Accounting Standards Update, Adopted [true false] true       true    
[1] First mortgage loans are first position mortgage loans and credit loans are mezzanine and subordinated loans.