v3.26.1
CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY (unaudited) - USD ($)
$ in Thousands
Total
Preferred Stock
Series A Preferred Stock
Common Stock
Class P Common Stock
Common Stock
Class A Common Stock
Common Stock
Class T Common Stock
Common Stock
Class S Common Stock
Common Stock
Class D Common Stock
Common Stock
Class I Common Stock
Additional Paid in Capital
Accumulated Deficit
Balance at Dec. 31, 2024 $ 244,579 $ 4 $ 9 $ 1 $ 0 $ 0 $ 0 $ 0 $ 339,524 $ (94,959)
Net Income (Loss) 3,948                 3,948
Common stock distributions declared (3,153)                 (3,153)
Preferred stock distributions declared (1,495)                 (1,495)
Equity-based compensation 8               8  
Balance at Mar. 31, 2025 243,887 4 9 1 0 0 0 0 339,532 (95,659)
Balance at Dec. 31, 2025 226,248 4 9 1 0 0 0 0 341,354 (115,120)
Net Income (Loss) (4,143)                 (4,143)
Common stock distributions declared (3,154)                 (3,154)
Preferred stock distributions declared (1,495)                 (1,495)
Equity-based compensation 8               8  
Balance at Mar. 31, 2026 $ 217,464 $ 4 $ 9 $ 1 $ 0 $ 0 $ 0 $ 0 $ 341,362 $ (123,912)