10-Q Filing

BROOKFIELD REAL ESTATE INCOME TRUST INC. CIK: 1713407 Q2 2020

Filing Information

Form Type	10-Q
Accession Number	`0001193125-20-220152`
Period End Date	20200630
Filing Date	20200814
Fiscal Year	2020
Fiscal Period	Q2
XBRL Instance	cik0001713407-20200630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 66 Income Statement 74 Cash Flow Statement 83 Stockholders Equity 38

Balance Sheet 66 line items

Line Item	Tag	Value	Unit	Period
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	50.00M	shares	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	50.00M	shares	Point-in-time
Preferred Stock, Shares Issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred Stock, Shares Issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred Stock, Shares Outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Preferred Stock, Shares Outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	1.00B	shares	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	1.05B	shares	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	1.00B	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	15.00M	shares	Point-in-time
Investments in real estate, net	`RealEstateInvestments`	$223.34M	USD	Point-in-time
Investments in real estate, net	`RealEstateInvestments`	$255.70M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	18.92M	shares	Point-in-time
Investments in real estate-related loans and securities, net	`MortgageLoansOnRealEstate`	$79.63M	USD	Point-in-time
Common stock, outstanding	`CommonStockSharesOutstanding`	15.00M	shares	Point-in-time
Investments in real estate-related loans and securities, net	`MortgageLoansOnRealEstate`	$49.30M	USD	Point-in-time
Common stock, outstanding	`CommonStockSharesOutstanding`	18.92M	shares	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$7.45M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$10.93M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$3.18M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$30.31M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$26.64M	USD	Point-in-time
Restricted cash	`RestrictedCashCurrent`	$3.98M	USD	Point-in-time
Restricted cash	`RestrictedCashCurrent`	$741.60K	USD	Point-in-time
Accounts and other receivables, net	`AccountsReceivableNetCurrent`	$2.04M	USD	Point-in-time
Accounts and other receivables, net	`AccountsReceivableNetCurrent`	$1.77M	USD	Point-in-time
Other assets	`OtherAssetsCurrent`	$1.22M	USD	Point-in-time
Other assets	`OtherAssetsCurrent`	$570.62K	USD	Point-in-time
Total Assets	`Assets`	$313.49M	USD	Point-in-time
Total Assets	`Assets`	$380.13M	USD	Point-in-time
Mortgage Loans, Net	`MortgageLoansNet`	$158.48M	USD	Point-in-time
Mortgage Loans, Net	`MortgageLoansNet`	$186.12M	USD	Point-in-time
Due to affiliates	`DueToAffiliateCurrentAndNoncurrent`	$5.95M	USD	Point-in-time
Due to affiliates	`DueToAffiliateCurrentAndNoncurrent`	$7.01M	USD	Point-in-time
Intangible liabilities, net	`BelowMarketLeaseNet`	$57.16K	USD	Point-in-time
Intangible liabilities, net	`BelowMarketLeaseNet`	$82.29K	USD	Point-in-time
Accounts payable, accrued expenses and other liabilities	`AccountsPayableAccruedExpensesAndOtherLiabilities`	$3.58M	USD	Point-in-time
Accounts payable, accrued expenses and other liabilities	`AccountsPayableAccruedExpensesAndOtherLiabilities`	$7.09M	USD	Point-in-time
Commitments and contingencies (Note 12)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 12)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Total Liabilities	`Liabilities`	$200.31M	USD	Point-in-time
Total Liabilities	`Liabilities`	$168.07M	USD	Point-in-time
Preferred stock, $0.01 par value per share, 50,000,000 shares authorized; no shares issued nor outstanding at June 30, 2020 and December 31, 2019, respectively	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $0.01 par value per share, 50,000,000 shares authorized; no shares issued nor outstanding at June 30, 2020 and December 31, 2019, respectively	`PreferredStockValue`	-	USD	Point-in-time
Common stock, $0.01 par value per share, 1,000,000,000 shares authorized; 18,916,995 and 14,997,217 shares issued and outstanding at June 30, 2020 and December 31, 2019, respectively	`CommonStockValue`	$149.97K	USD	Point-in-time
Common stock, $0.01 par value per share, 1,000,000,000 shares authorized; 18,916,995 and 14,997,217 shares issued and outstanding at June 30, 2020 and December 31, 2019, respectively	`CommonStockValue`	$189.17K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$145.35M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$184.69M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-5.43M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-10.92M	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquity`	$140.07M	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquity`	$173.96M	USD	Point-in-time
Non-controlling interests attributable to third party joint ventures	`MinorityInterest`	$5.35M	USD	Point-in-time
Non-controlling interests attributable to third party joint ventures	`MinorityInterest`	$5.86M	USD	Point-in-time
Total Equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-117.66K	USD	Point-in-time
Total Equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$267.73K	USD	Point-in-time
Total Equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$145.42M	USD	Point-in-time
Total Equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$172.38M	USD	Point-in-time
Total Equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-267.00K	USD	Point-in-time
Total Equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$179.83M	USD	Point-in-time
Total Liabilities and Stockholders' Equity	`LiabilitiesAndStockholdersEquity`	$313.49M	USD	Point-in-time
Total Liabilities and Stockholders' Equity	`LiabilitiesAndStockholdersEquity`	$380.13M	USD	Point-in-time

Income Statement 74 line items

Line Item	Tag	Value	Unit	Period
Rental revenues	`OperatingLeasesIncomeStatementLeaseRevenue`	$11.36M	USD	2 Qtrs
Rental revenues	`OperatingLeasesIncomeStatementLeaseRevenue`	$5.95M	USD	1 Quarter
Rental revenues	`OperatingLeasesIncomeStatementLeaseRevenue`	$1.19M	USD	1 Quarter
Rental revenues	`OperatingLeasesIncomeStatementLeaseRevenue`	$1.19M	USD	2 Qtrs
Other revenues	`OtherOperatingIncome`	$258.69K	USD	1 Quarter
Other revenues	`OtherOperatingIncome`	$37.41K	USD	2 Qtrs
Other revenues	`OtherOperatingIncome`	$37.41K	USD	1 Quarter
Other revenues	`OtherOperatingIncome`	$585.44K	USD	2 Qtrs
Total revenues	`Revenues`	$11.94M	USD	2 Qtrs
Total revenues	`Revenues`	$6.20M	USD	1 Quarter
Total revenues	`Revenues`	$1.23M	USD	2 Qtrs
Total revenues	`Revenues`	$1.23M	USD	1 Quarter
Rental property operating	`RentalPropertyOperating`	$480.37K	USD	1 Quarter
Rental property operating	`RentalPropertyOperating`	$2.47M	USD	1 Quarter
Rental property operating	`RentalPropertyOperating`	$4.49M	USD	2 Qtrs
Rental property operating	`RentalPropertyOperating`	$480.37K	USD	2 Qtrs
General and administrative expenses	`GeneralAndAdministrativeExpense`	$449.40K	USD	2 Qtrs
General and administrative expenses	`GeneralAndAdministrativeExpense`	$739.40K	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$278.11K	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$1.39M	USD	2 Qtrs
Base management fee	`ManagementFeeExpense`	$130.99K	USD	2 Qtrs
Base management fee	`ManagementFeeExpense`	-	USD	2 Qtrs
Base management fee	`ManagementFeeExpense`	-	USD	1 Quarter
Base management fee	`ManagementFeeExpense`	$130.99K	USD	1 Quarter
Performance fee	`PerformanceFee`	-	USD	2 Qtrs
Performance fee	`PerformanceFee`	-	USD	1 Quarter
Performance fee	`PerformanceFee`	$998.33K	USD	2 Qtrs
Performance fee	`PerformanceFee`	$186.68K	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$3.78M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$1.04M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$1.04M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$7.17M	USD	2 Qtrs
Total expenses	`CostsAndExpenses`	$14.17M	USD	2 Qtrs
Total expenses	`CostsAndExpenses`	$1.80M	USD	1 Quarter
Total expenses	`CostsAndExpenses`	$1.97M	USD	2 Qtrs
Total expenses	`CostsAndExpenses`	$7.30M	USD	1 Quarter
Income from real estate-related loans and securities	`InterestLoansRealEstate`	$141.39K	USD	2 Qtrs
Income from real estate-related loans and securities	`InterestLoansRealEstate`	$2.69M	USD	2 Qtrs
Income from real estate-related loans and securities	`InterestLoansRealEstate`	$140.53K	USD	1 Quarter
Income from real estate-related loans and securities	`InterestLoansRealEstate`	$1.34M	USD	1 Quarter
Interest expense	`InterestExpense`	$1.21M	USD	1 Quarter
Interest expense	`InterestExpense`	$2.62M	USD	2 Qtrs
Interest expense	`InterestExpense`	$683.80K	USD	1 Quarter
Interest expense	`InterestExpense`	$683.80K	USD	2 Qtrs
Unrealized gain (loss) on investments	`UnrealizedGainLossOnInvestments`	$1.54M	USD	1 Quarter
Unrealized gain (loss) on investments	`UnrealizedGainLossOnInvestments`	-	USD	1 Quarter
Unrealized gain (loss) on investments	`UnrealizedGainLossOnInvestments`	$-263.07K	USD	2 Qtrs
Unrealized gain (loss) on investments	`UnrealizedGainLossOnInvestments`	-	USD	2 Qtrs
Total other (expense) income	`OtherNonoperatingIncomeExpense`	$-542.41K	USD	2 Qtrs
Total other (expense) income	`OtherNonoperatingIncomeExpense`	$1.67M	USD	1 Quarter
Total other (expense) income	`OtherNonoperatingIncomeExpense`	$-543.26K	USD	1 Quarter
Total other (expense) income	`OtherNonoperatingIncomeExpense`	$-193.71K	USD	2 Qtrs
Net income (loss)	`ProfitLoss`	$-2.42M	USD	2 Qtrs
Net income (loss)	`ProfitLoss`	$570.29K	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$-170.44K	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$-1.29M	USD	2 Qtrs
Net income (loss)	`ProfitLoss`	$-1.12M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$-2.99M	USD	1 Quarter
Net (income) loss attributable to non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$-71.53K	USD	2 Qtrs
Net (income) loss attributable to non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$-71.53K	USD	1 Quarter
Net (income) loss attributable to non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$-214.65K	USD	2 Qtrs
Net (income) loss attributable to non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$-110.05K	USD	1 Quarter
Net income (loss) attributable to stockholders	`NetIncomeLoss`	$-1.04M	USD	1 Quarter
Net income (loss) attributable to stockholders	`NetIncomeLoss`	$-1.22M	USD	2 Qtrs
Net income (loss) attributable to stockholders	`NetIncomeLoss`	$680.34K	USD	1 Quarter
Net income (loss) attributable to stockholders	`NetIncomeLoss`	$-2.21M	USD	2 Qtrs
Net gain (loss) per share of common stock - basic and diluted	`IncomeLossFromContinuingOperationsPerBasicAndDilutedShare`	$-38.69	USD	1 Quarter
Net gain (loss) per share of common stock - basic and diluted	`IncomeLossFromContinuingOperationsPerBasicAndDilutedShare`	$-0.12	USD	2 Qtrs
Net gain (loss) per share of common stock - basic and diluted	`IncomeLossFromContinuingOperationsPerBasicAndDilutedShare`	$0.04	USD	1 Quarter
Net gain (loss) per share of common stock - basic and diluted	`IncomeLossFromContinuingOperationsPerBasicAndDilutedShare`	$-50.66	USD	2 Qtrs
Weighted average number of shares outstanding - basic and diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	18.79M	shares	1 Quarter
Weighted average number of shares outstanding - basic and diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	23,989.00	shares	2 Qtrs
Weighted average number of shares outstanding - basic and diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	27,000.00	shares	1 Quarter
Weighted average number of shares outstanding - basic and diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	17.81M	shares	2 Qtrs

Cash Flow Statement 83 line items

Line Item	Tag	Value	Unit	Period
Net loss	`ProfitLoss`	$-2.42M	USD	2 Qtrs
Net loss	`ProfitLoss`	$570.29K	USD	1 Quarter
Net loss	`ProfitLoss`	$-170.44K	USD	1 Quarter
Net loss	`ProfitLoss`	$-1.29M	USD	2 Qtrs
Net loss	`ProfitLoss`	$-1.12M	USD	1 Quarter
Net loss	`ProfitLoss`	$-2.99M	USD	1 Quarter
Depreciation and amortization	`OtherDepreciationAndAmortization`	$469.94K	USD	2 Qtrs
Depreciation and amortization	`OtherDepreciationAndAmortization`	$7.17M	USD	2 Qtrs
Amortization of above and below market leases and lease inducements	`AmortizationOfIntangibleAssets`	$146.65K	USD	2 Qtrs
Amortization of above and below market leases and lease inducements	`AmortizationOfIntangibleAssets`	$573.33K	USD	2 Qtrs
Amortization of restricted stock grants	`RestrictedStockExpense`	$36.01K	USD	2 Qtrs
Amortization of restricted stock grants	`RestrictedStockExpense`	$38.73K	USD	2 Qtrs
Amortization of deferred financing costs	`AmortizationOfFinancingCosts`	$100.76K	USD	2 Qtrs
Amortization of deferred financing costs	`AmortizationOfFinancingCosts`	$7.03K	USD	2 Qtrs
Amortization of discount	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$32.88K	USD	2 Qtrs
Amortization of discount	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$394.63K	USD	2 Qtrs
Unrealized loss on investments	`UnrealizedGainLossOnInvestments`	$1.54M	USD	1 Quarter
Unrealized loss on investments	`UnrealizedGainLossOnInvestments`	-	USD	1 Quarter
Unrealized loss on investments	`UnrealizedGainLossOnInvestments`	$-263.07K	USD	2 Qtrs
Unrealized loss on investments	`UnrealizedGainLossOnInvestments`	-	USD	2 Qtrs
Increase in other assets	`IncreaseDecreaseInOtherOperatingAssets`	$645.33K	USD	2 Qtrs
Increase in other assets	`IncreaseDecreaseInOtherOperatingAssets`	$51.03K	USD	2 Qtrs
Increase in accounts and other receivables	`IncreaseDecreaseInAccountsAndOtherReceivables`	$196.51K	USD	2 Qtrs
Increase in accounts and other receivables	`IncreaseDecreaseInAccountsAndOtherReceivables`	$270.13K	USD	2 Qtrs
Increase in accounts payable, accrued expenses and other liabilities	`IncreaseDecreaseInAccountsPayableAccruedExpensesAndOtherLiabilities`	$2.41M	USD	2 Qtrs
Increase in accounts payable, accrued expenses and other liabilities	`IncreaseDecreaseInAccountsPayableAccruedExpensesAndOtherLiabilities`	$726.72K	USD	2 Qtrs
Increase in due to affiliates	`IncreaseDecreaseInDueToAffiliatesCurrent`	$455.97K	USD	2 Qtrs
Increase in due to affiliates	`IncreaseDecreaseInDueToAffiliatesCurrent`	$1.06M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$704.57K	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$7.45M	USD	2 Qtrs
Acquisition of real estate	`PaymentsToAcquireRealEstate`	$41.02M	USD	2 Qtrs
Acquisition of real estate	`PaymentsToAcquireRealEstate`	$59.79M	USD	2 Qtrs
Purchase of real estate-related loans and securities	`PaymentsToAcquireLoansHeldForInvestment`	$24.24M	USD	2 Qtrs
Purchase of real estate-related loans and securities	`PaymentsToAcquireLoansHeldForInvestment`	$29.41M	USD	2 Qtrs
Building improvements	`PaymentsForTenantImprovements`	$2.10M	USD	2 Qtrs
Building improvements	`PaymentsForTenantImprovements`	$21.04K	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-72.53M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-84.05M	USD	2 Qtrs
Borrowings from mortgage loans	`ProceedsFromRepaymentsOfFirstMortgageBond`	$27.90M	USD	2 Qtrs
Borrowings from mortgage loans	`ProceedsFromRepaymentsOfFirstMortgageBond`	$44.40M	USD	2 Qtrs
Proceeds from affiliate line of credit	`ProceedsFromLinesOfCredit`	-	USD	2 Qtrs
Proceeds from affiliate line of credit	`ProceedsFromLinesOfCredit`	$41.51M	USD	2 Qtrs
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$49.04M	USD	2 Qtrs
Redemptions of common stock	`PaymentsForRepurchaseOfCommonStock`	$9.67M	USD	2 Qtrs
Payments of Offering Costs	`PaymentsofOfferingCosts`	$822.61K	USD	2 Qtrs
Payments of Offering Costs	`PaymentsofOfferingCosts`	-	USD	2 Qtrs
Distributions	`PaymentsOfCapitalDistribution`	-	USD	2 Qtrs
Distributions	`PaymentsOfCapitalDistribution`	$2.17M	USD	2 Qtrs
Payment of deferred financing costs	`PaymentsOfFinancingCosts`	$318.87K	USD	2 Qtrs
Payment of deferred financing costs	`PaymentsOfFinancingCosts`	$356.45K	USD	2 Qtrs
Distributions to non-controlling interests	`DistributionsToNonControllingInterests`	$191.27K	USD	2 Qtrs
Distributions to non-controlling interests	`DistributionsToNonControllingInterests`	$24.11K	USD	2 Qtrs
Contributions from non-controlling interests	`ProceedsFromNoncontrollingInterests`	$920.08K	USD	2 Qtrs
Contributions from non-controlling interests	`ProceedsFromNoncontrollingInterests`	$1.66M	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$87.23M	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$64.65M	USD	2 Qtrs
Net change in cash and cash-equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$3.88M	USD	2 Qtrs
Net change in cash and cash-equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$-430.62K	USD	2 Qtrs
Cash and cash-equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$30.62M	USD	Point-in-time
Cash and cash-equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$4.06M	USD	Point-in-time
Cash and cash-equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$183.45K	USD	Point-in-time
Cash and cash-equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$31.05M	USD	Point-in-time
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$30.62M	USD	Point-in-time
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$4.06M	USD	Point-in-time
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$183.45K	USD	Point-in-time
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$31.05M	USD	Point-in-time
Cash and cash-equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$30.62M	USD	Point-in-time
Cash and cash-equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$4.06M	USD	Point-in-time
Cash and cash-equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$183.45K	USD	Point-in-time
Cash and cash-equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$31.05M	USD	Point-in-time
Interest paid	`InterestPaidNet`	$2.50M	USD	2 Qtrs
Interest paid	`InterestPaidNet`	$535.04K	USD	2 Qtrs
Accrued Distributions	`AccruedDistributions`	-	USD	2 Qtrs
Accrued Distributions	`AccruedDistributions`	$620.89K	USD	2 Qtrs
Accrued Stockholder Servicing Fee	`AccruedStockholderServicingFee`	$75.63K	USD	2 Qtrs
Accrued Stockholder Servicing Fee	`AccruedStockholderServicingFee`	-	USD	2 Qtrs
Accrued Offering Costs	`AccruedOfferingCosts`	-	USD	2 Qtrs
Accrued Offering Costs	`AccruedOfferingCosts`	$4.75M	USD	2 Qtrs
Distributions Reinvested	`DistributionsReinvested`	$307.27K	USD	1 Quarter
Distributions Reinvested	`DistributionsReinvested`	$526.90K	USD	1 Quarter
Distributions Reinvested	`DistributionsReinvested`	-	USD	2 Qtrs
Distributions Reinvested	`DistributionsReinvested`	$834.17K	USD	2 Qtrs
Accrued redemptions	`AccruedRedemptions`	$1.92M	USD	2 Qtrs

Stockholders Equity 38 line items

Line Item	Tag	Value	Unit	Period
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-117.66K	USD	Point-in-time
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$267.73K	USD	Point-in-time
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$145.42M	USD	Point-in-time
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$172.38M	USD	Point-in-time
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-267.00K	USD	Point-in-time
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$179.83M	USD	Point-in-time
Share-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$17.77K	USD	1 Quarter
Share-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$21.09K	USD	1 Quarter
Share-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$17.64K	USD	1 Quarter
Share-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$18.24K	USD	1 Quarter
Distribution reinvestments (in Shares)	`DistributionReinvestmentsShares`	81,885.00	shares	2 Qtrs
Distribution reinvestments	`DistributionsReinvested`	$307.27K	USD	1 Quarter
Distribution reinvestments	`DistributionsReinvested`	$526.90K	USD	1 Quarter
Distribution reinvestments	`DistributionsReinvested`	-	USD	2 Qtrs
Distribution reinvestments	`DistributionsReinvested`	$834.17K	USD	2 Qtrs
Common stock issued (in shares)	`StockIssuedDuringPeriodSharesNewIssues`	4.80M	shares	2 Qtrs
Contributions	`IncreasefromContributions`	$31.20K	USD	1 Quarter
Contributions	`IncreasefromContributions`	$1.66M	USD	1 Quarter
Contributions	`IncreasefromContributions`	$1.15M	USD	1 Quarter
Distributions	`DecreasefromDistributions`	$-2.16M	USD	1 Quarter
Distributions	`DecreasefromDistributions`	$-24.11K	USD	1 Quarter
Distributions	`DecreasefromDistributions`	$-1.58M	USD	1 Quarter
Redemptions	`DecreaseFromRedemptions`	$-390.94K	USD	1 Quarter
Redemptions	`DecreaseFromRedemptions`	$-9.28M	USD	1 Quarter
Offering Costs	`AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts`	$405.33K	USD	1 Quarter
Offering Costs	`AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts`	$450.91K	USD	1 Quarter
Net loss	`ProfitLoss`	$-2.42M	USD	2 Qtrs
Net loss	`ProfitLoss`	$570.29K	USD	1 Quarter
Net loss	`ProfitLoss`	$-170.44K	USD	1 Quarter
Net loss	`ProfitLoss`	$-1.29M	USD	2 Qtrs
Net loss	`ProfitLoss`	$-1.12M	USD	1 Quarter
Net loss	`ProfitLoss`	$-2.99M	USD	1 Quarter
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-117.66K	USD	Point-in-time
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$267.73K	USD	Point-in-time
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$145.42M	USD	Point-in-time
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$172.38M	USD	Point-in-time
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-267.00K	USD	Point-in-time
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$179.83M	USD	Point-in-time

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.