Quarterly report [Sections 13 or 15(d)]

ORGANIZATION (Details)

v3.26.1
ORGANIZATION (Details)
$ in Thousands, ft² in Millions
3 Months Ended
May 05, 2026
Dec. 26, 2025
USD ($)
Jan. 30, 2021
distributionCenter
property
lease
shares
Mar. 31, 2026
USD ($)
ft²
state
property
Mar. 31, 2025
USD ($)
Dec. 31, 2025
USD ($)
Dec. 31, 2021
warehouse
Real Estate [Line Items]              
Number of master leases | lease     2        
Number of real estate properties encumbered | property       20      
Number of states operated in | state       35      
Square feet of leasable space | ft²       15.5      
Trust certificates issued (in shares) | shares     75,000,000        
Related party, annual service fee       $ 100      
General and administrative expenses       $ 5,860 $ 1,351    
Management agreement term       24 months      
Management agreement automatic renewal term       6 months      
Base management fee percentage       5.75%      
Base management fee, monthly amount       $ 333      
Closing fee per property       50      
Base management fees       1,416 $ 1,435    
Base management fees payable       472   $ 470  
Trust agreement amendment, deposit   $ 3,000          
Loss contingency, damages sought, value   $ 200,000          
Subsequent Event              
Real Estate [Line Items]              
Number of days after distribution 20 days            
Related Party              
Real Estate [Line Items]              
General and administrative expenses       $ 25      
Retail              
Real Estate [Line Items]              
Number of real estate properties | property     160 117      
Warehouse              
Real Estate [Line Items]              
Number of real estate properties | distributionCenter     6        
Number of real estate properties sold, cumulative | warehouse             6