10-Q Filing

BROOKFIELD REAL ESTATE INCOME TRUST INC. CIK: 1713407 Q1 2020

Filing Information

Form Type	10-Q
Accession Number	`0001713407-20-000033`
Period End Date	20200331
Filing Date	20200515
Fiscal Year	2020
Fiscal Period	Q1
XBRL Instance	oak-20200331.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 67 Income Statement 40 Cash Flow Statement 76 Stockholders Equity 21

Balance Sheet 67 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 (in shares)	`PreferredStockSharesAuthorized`	50.00M	shares	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	50.00M	shares	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred stock, outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Preferred stock, outstanding (in shares)	`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`	1.00B	shares	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 issued (in shares)	`CommonStockSharesIssued`	18.03M	shares	Point-in-time
Real Estate Investments, Net	`RealEstateInvestments`	$257.25M	USD	Point-in-time
Real Estate Investments, Net	`RealEstateInvestments`	$223.34M	USD	Point-in-time
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate	`MortgageLoansOnRealEstate`	$49.30M	USD	Point-in-time
Common stock, outstanding (in shares)	`CommonStockSharesOutstanding`	15.00M	shares	Point-in-time
Common stock, outstanding (in shares)	`CommonStockSharesOutstanding`	18.03M	shares	Point-in-time
Common stock, outstanding (in shares)	`CommonStockSharesOutstanding`	18.03M	shares	Point-in-time
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate	`MortgageLoansOnRealEstate`	$71.93M	USD	Point-in-time
Intangible Assets, Net (Excluding Goodwill)	`IntangibleAssetsNetExcludingGoodwill`	$12.24M	USD	Point-in-time
Intangible Assets, Net (Excluding Goodwill)	`IntangibleAssetsNetExcludingGoodwill`	$7.45M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$23.55M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$131.38K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$30.31M	USD	Point-in-time
Restricted Cash, Current	`RestrictedCashCurrent`	$741.60K	USD	Point-in-time
Restricted Cash, Current	`RestrictedCashCurrent`	$4.42M	USD	Point-in-time
Accounts Receivable, Net, Current	`AccountsReceivableNetCurrent`	$1.68M	USD	Point-in-time
Accounts Receivable, Net, Current	`AccountsReceivableNetCurrent`	$1.77M	USD	Point-in-time
Other Assets, Current	`OtherAssetsCurrent`	$1.12M	USD	Point-in-time
Other Assets, Current	`OtherAssetsCurrent`	$570.62K	USD	Point-in-time
Total Assets	`Assets`	$313.49M	USD	Point-in-time
Total Assets	`Assets`	$372.19M	USD	Point-in-time
Notes Payable	`NotesPayable`	$158.48M	USD	Point-in-time
Notes Payable	`NotesPayable`	$186.07M	USD	Point-in-time
Due to Affiliate	`DueToAffiliateCurrentAndNoncurrent`	$6.83M	USD	Point-in-time
Due to Affiliate	`DueToAffiliateCurrentAndNoncurrent`	$5.95M	USD	Point-in-time
Below Market Lease, Net	`BelowMarketLeaseNet`	$91.34K	USD	Point-in-time
Below Market Lease, Net	`BelowMarketLeaseNet`	$57.16K	USD	Point-in-time
Accounts payable, accrued expenses and other liabilities	`AccountsPayableAccruedExpensesAndOtherLiabilities`	$6.83M	USD	Point-in-time
Accounts payable, accrued expenses and other liabilities	`AccountsPayableAccruedExpensesAndOtherLiabilities`	$3.58M	USD	Point-in-time
Commitments and contingencies (Note 6)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 6)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Mortgage Loans, Net	`MortgageLoansNet`	$186.07M	USD	Point-in-time
Mortgage Loans, Net	`MortgageLoansNet`	$158.48M	USD	Point-in-time
Total Liabilities	`Liabilities`	$168.07M	USD	Point-in-time
Total Liabilities	`Liabilities`	$199.82M	USD	Point-in-time
Preferred stock, $0.01 par value per share, 50,000,000 shares authorized; no shares issued nor outstanding at January 10, 2018 and June 30, 2018, 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 January 10, 2018 and June 30, 2018, respectively	`PreferredStockValue`	-	USD	Point-in-time
Common stock, $0.01 par value per share, 1,000,000,000 shares authorized; 20,000 shares issued and outstanding at January 10, 2018 and June 30, 2018, respectively	`CommonStockValue`	$149.97K	USD	Point-in-time
Common stock, $0.01 par value per share, 1,000,000,000 shares authorized; 20,000 shares issued and outstanding at January 10, 2018 and June 30, 2018, respectively	`CommonStockValue`	$180.31K	USD	Point-in-time
Additional Paid in Capital, Common Stock	`AdditionalPaidInCapitalCommonStock`	$175.70M	USD	Point-in-time
Additional Paid in Capital, Common Stock	`AdditionalPaidInCapitalCommonStock`	$145.35M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-9.80M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-5.43M	USD	Point-in-time
Noncontrolling Interest in Variable Interest Entity	`MinorityInterest`	$-6.30M	USD	Point-in-time
Noncontrolling Interest in Variable Interest Entity	`MinorityInterest`	$5.35M	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquity`	$166.08M	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquity`	$140.07M	USD	Point-in-time
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$145.42M	USD	Point-in-time
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$172.38M	USD	Point-in-time
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-267.00K	USD	Point-in-time
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-117.66K	USD	Point-in-time
Total Liabilities and Stockholders' Equity	`LiabilitiesAndStockholdersEquity`	$372.19M	USD	Point-in-time
Total Liabilities and Stockholders' Equity	`LiabilitiesAndStockholdersEquity`	$313.49M	USD	Point-in-time

Income Statement 40 line items

Line Item	Tag	Value	Unit	Period
Operating Leases, Income Statement, Lease Revenue	`OperatingLeasesIncomeStatementLeaseRevenue`	$5.41M	USD	1 Quarter
Operating Leases, Income Statement, Lease Revenue	`OperatingLeasesIncomeStatementLeaseRevenue`	-	USD	1 Quarter
Other Operating Income	`OtherOperatingIncome`	$326.75K	USD	1 Quarter
Other Operating Income	`OtherOperatingIncome`	-	USD	1 Quarter
Total revenues	`Revenues`	-	USD	1 Quarter
Total revenues	`Revenues`	$5.74M	USD	1 Quarter
Operating Expenses	`OperatingExpenses`	-	USD	1 Quarter
Operating Expenses	`OperatingExpenses`	$2.02M	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$171.29K	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$650.58K	USD	1 Quarter
Management Fee Expense	`ManagementFeeExpense`	-	USD	1 Quarter
Management Fee Expense	`ManagementFeeExpense`	$403.90K	USD	1 Quarter
Performance Participation Allocation Expense	`PerformanceParticipationAllocationExpense`	-	USD	1 Quarter
Performance Participation Allocation Expense	`PerformanceParticipationAllocationExpense`	$811.65K	USD	1 Quarter
Depreciation, Depletion and Amortization	`DepreciationDepletionAndAmortization`	-	USD	1 Quarter
Depreciation, Depletion and Amortization	`DepreciationDepletionAndAmortization`	$3.39M	USD	1 Quarter
Total expenses	`CostsAndExpenses`	$7.27M	USD	1 Quarter
Total expenses	`CostsAndExpenses`	$171.29K	USD	1 Quarter
Investment Company, Fee Waived	`InvestmentCompanyFeeWaived`	$403.90K	USD	1 Quarter
Investment Company, Fee Waived	`InvestmentCompanyFeeWaived`	-	USD	1 Quarter
Costs and Expenses, Net	`CostsandExpensesNet`	$6.87M	USD	1 Quarter
Costs and Expenses, Net	`CostsandExpensesNet`	$171.29K	USD	1 Quarter
Interest, Loans, Real Estate	`InterestLoansRealEstate`	$1.35M	USD	1 Quarter
Interest, Loans, Real Estate	`InterestLoansRealEstate`	$856.00	USD	1 Quarter
Interest Expense	`InterestExpense`	-	USD	1 Quarter
Interest Expense	`InterestExpense`	$1.42M	USD	1 Quarter
Unrealized Gain (Loss) on Investments	`UnrealizedGainLossOnInvestments`	$-1.80M	USD	1 Quarter
Unrealized Gain (Loss) on Investments	`UnrealizedGainLossOnInvestments`	-	USD	1 Quarter
Other Nonoperating Income (Expense)	`OtherNonoperatingIncomeExpense`	$-1.86M	USD	1 Quarter
Other Nonoperating Income (Expense)	`OtherNonoperatingIncomeExpense`	$856.00	USD	1 Quarter
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest	`ProfitLoss`	$-170.44K	USD	1 Quarter
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest	`ProfitLoss`	$-2.99M	USD	1 Quarter
Net Income (Loss) Attributable to Noncontrolling Interest	`NetIncomeLossAttributableToNoncontrollingInterest`	-	USD	1 Quarter
Net Income (Loss) Attributable to Noncontrolling Interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$-104.59K	USD	1 Quarter
Net Income (Loss) Attributable to Parent	`NetIncomeLoss`	$-2.89M	USD	1 Quarter
Net Income (Loss) Attributable to Parent	`NetIncomeLoss`	$-170.44K	USD	1 Quarter
Net loss per share (in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicAndDilutedShare`	$-0.17	USD	1 Quarter
Net loss per share (in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicAndDilutedShare`	$-8.16	USD	1 Quarter
Weighted average number of shares outstanding (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	16.83M	shares	1 Quarter
Weighted average number of shares outstanding (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	20,875.00	shares	1 Quarter

Cash Flow Statement 76 line items

Line Item	Tag	Value	Unit	Period
Interest Paid, Excluding Capitalized Interest, Operating Activities	`InterestPaidNet`	$1.27M	USD	1 Quarter
Interest Paid, Excluding Capitalized Interest, Operating Activities	`InterestPaidNet`	-	USD	1 Quarter
Accrued Distributions	`AccruedDistributions`	$549.41K	USD	1 Quarter
Accrued Distributions	`AccruedDistributions`	-	USD	1 Quarter
Accrued Stockholder Servicing Fee	`AccruedStockholderServicingFee`	$65.13K	USD	1 Quarter
Accrued Stockholder Servicing Fee	`AccruedStockholderServicingFee`	-	USD	1 Quarter
Accrued Offering Costs	`AccruedOfferingCosts`	$4.66M	USD	1 Quarter
Accrued Offering Costs	`AccruedOfferingCosts`	-	USD	1 Quarter
Distributions Reinvested	`DistributionsReinvested`	-	USD	1 Quarter
Distributions Reinvested	`DistributionsReinvested`	$307.27K	USD	1 Quarter
Net loss	`ProfitLoss`	$-170.44K	USD	1 Quarter
Net loss	`ProfitLoss`	$-2.99M	USD	1 Quarter
Depreciation	`Depreciation`	$3.39M	USD	1 Quarter
Amortization of Intangible Assets	`AmortizationOfIntangibleAssets`	-	USD	1 Quarter
Amortization of Intangible Assets	`AmortizationOfIntangibleAssets`	$53.35K	USD	1 Quarter
Restricted Stock or Unit Expense	`RestrictedStockExpense`	$21.09K	USD	1 Quarter
Restricted Stock or Unit Expense	`RestrictedStockExpense`	$17.77K	USD	1 Quarter
Amortization of Other Deferred Charges	`OtherAmortizationOfDeferredCharges`	-	USD	1 Quarter
Amortization of Other Deferred Charges	`OtherAmortizationOfDeferredCharges`	$45.60K	USD	1 Quarter
Accretion (Amortization) of Discounts and Premiums, Investments	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	-	USD	1 Quarter
Accretion (Amortization) of Discounts and Premiums, Investments	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$197.32K	USD	1 Quarter
Unrealized Gain (Loss) on Investments	`UnrealizedGainLossOnInvestments`	$-1.80M	USD	1 Quarter
Unrealized Gain (Loss) on Investments	`UnrealizedGainLossOnInvestments`	-	USD	1 Quarter
Increase in accounts payable, accrued expenses and other liabilities	`IncreaseDecreaseInAccountsPayableAccruedExpensesAndOtherLiabilities`	$889.15K	USD	1 Quarter
Increase in accounts payable, accrued expenses and other liabilities	`IncreaseDecreaseInAccountsPayableAccruedExpensesAndOtherLiabilities`	$18.85K	USD	1 Quarter
Increase (Decrease) in Due to Affiliates, Current	`IncreaseDecreaseInDueToAffiliatesCurrent`	$874.29K	USD	1 Quarter
Increase (Decrease) in Due to Affiliates, Current	`IncreaseDecreaseInDueToAffiliatesCurrent`	$78.42K	USD	1 Quarter
Increase (Decrease) in Other Operating Assets	`IncreaseDecreaseInOtherOperatingAssets`	-	USD	1 Quarter
Increase (Decrease) in Other Operating Assets	`IncreaseDecreaseInOtherOperatingAssets`	$551.34K	USD	1 Quarter
Increase (Decrease) in Accounts and Other Receivables	`IncreaseDecreaseInAccountsAndOtherReceivables`	$-86.89K	USD	1 Quarter
Increase (Decrease) in Accounts and Other Receivables	`IncreaseDecreaseInAccountsAndOtherReceivables`	-	USD	1 Quarter
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$3.42M	USD	1 Quarter
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-52.08K	USD	1 Quarter
Payments to Acquire Real Estate	`PaymentsToAcquireRealEstate`	-	USD	1 Quarter
Payments to Acquire Real Estate	`PaymentsToAcquireRealEstate`	$41.02M	USD	1 Quarter
Payments to Acquire Loans Held-for-investment	`PaymentsToAcquireLoansHeldForInvestment`	$22.73M	USD	1 Quarter
Payments to Acquire Loans Held-for-investment	`PaymentsToAcquireLoansHeldForInvestment`	-	USD	1 Quarter
Payments for Tenant Improvements	`PaymentsForTenantImprovements`	$615.66K	USD	1 Quarter
Net Cash Provided by (Used in) Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	-	USD	1 Quarter
Net Cash Provided by (Used in) Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	$-64.37M	USD	1 Quarter
Proceeds from (Repayments of) First Mortgage Bond	`ProceedsFromRepaymentsOfFirstMortgageBond`	-	USD	1 Quarter
Proceeds from (Repayments of) First Mortgage Bond	`ProceedsFromRepaymentsOfFirstMortgageBond`	$27.90M	USD	1 Quarter
Proceeds from Lines of Credit	`ProceedsFromLinesOfCredit`	$30.90M	USD	1 Quarter
Proceeds from Lines of Credit	`ProceedsFromLinesOfCredit`	-	USD	1 Quarter
Payments of Offering Costs	`PaymentsofOfferingCosts`	-	USD	1 Quarter
Payments of Offering Costs	`PaymentsofOfferingCosts`	$450.91K	USD	1 Quarter
Payments of Capital Distribution	`PaymentsOfCapitalDistribution`	$1.18M	USD	1 Quarter
Payments of Capital Distribution	`PaymentsOfCapitalDistribution`	-	USD	1 Quarter
Payments of Financing Costs	`PaymentsOfFinancingCosts`	$356.45K	USD	1 Quarter
Payments of Financing Costs	`PaymentsOfFinancingCosts`	-	USD	1 Quarter
Distributions To Non Controlling Interests	`DistributionsToNonControllingInterests`	-	USD	1 Quarter
Distributions To Non Controlling Interests	`DistributionsToNonControllingInterests`	$91.56K	USD	1 Quarter
Proceeds From Noncontrolling Interests	`ProceedsFromNoncontrollingInterests`	-	USD	1 Quarter
Proceeds From Noncontrolling Interests	`ProceedsFromNoncontrollingInterests`	$1.15M	USD	1 Quarter
Net Cash Provided by (Used in) Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	-	USD	1 Quarter
Net Cash Provided by (Used in) Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$57.87M	USD	1 Quarter
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-3.08M	USD	1 Quarter
Total decrease in cash and cash-equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-52.08K	USD	1 Quarter
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$131.38K	USD	Point-in-time
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$31.05M	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`	$27.97M	USD	Point-in-time
Cash and cash-equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$131.38K	USD	Point-in-time
Cash and cash-equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$31.05M	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`	$27.97M	USD	Point-in-time
Cash and cash-equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$131.38K	USD	Point-in-time
Cash and cash-equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$31.05M	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`	$27.97M	USD	Point-in-time
Cash and cash-equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$23.55M	USD	Point-in-time
Cash and cash-equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$131.38K	USD	Point-in-time
Cash and cash-equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$30.31M	USD	Point-in-time
Cash and cash-equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$23.55M	USD	Point-in-time
Cash and cash-equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$131.38K	USD	Point-in-time
Cash and cash-equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$30.31M	USD	Point-in-time

Stockholders Equity 21 line items

Line Item	Tag	Value	Unit	Period
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`	$-117.66K	USD	Point-in-time
Stock Issued During Period, Value, Share-based Compensation, Net of Forfeitures	`StockIssuedDuringPeriodValueShareBasedCompensation`	$17.77K	USD	1 Quarter
Distribution reinvestments	`DistributionReinvestmentsShares`	30,338.00	shares	1 Quarter
Distributions Reinvested	`DistributionsReinvested`	-	USD	1 Quarter
Distributions Reinvested	`DistributionsReinvested`	$307.27K	USD	1 Quarter
Common stock issued	`StockIssuedDuringPeriodSharesNewIssues`	3.04M	shares	1 Quarter
Increase from Contributions	`IncreasefromContributions`	$1.15M	USD	1 Quarter
Decrease from Distributions	`DecreasefromDistributions`	$1.58M	USD	1 Quarter
Decrease From Redemptions	`DecreaseFromRedemptions`	$-390.94K	USD	1 Quarter
Adjustments to Additional Paid in Capital, Stock Issued, Issuance Costs	`AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts`	$450.91K	USD	1 Quarter
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest	`ProfitLoss`	$-170.44K	USD	1 Quarter
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest	`ProfitLoss`	$-2.99M	USD	1 Quarter
Restricted Stock or Unit Expense	`RestrictedStockExpense`	$21.09K	USD	1 Quarter
Restricted Stock or Unit Expense	`RestrictedStockExpense`	$17.77K	USD	1 Quarter
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`	$-117.66K	USD	Point-in-time

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