10-K Filing

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

Filing Information

Form Type	10-K
Accession Number	`0001713407-21-000021`
Period End Date	20201231
Filing Date	20210331
Fiscal Year	2020
Fiscal Period	FY
XBRL Instance	oak-20201231_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 63 Income Statement 72 Cash Flow Statement 145 Stockholders Equity 26

Balance Sheet 63 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`	1.05B	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
Investments in real estate, net	`RealEstateInvestments`	$315.31M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	15.00M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	20.51M	shares	Point-in-time
Investments in real estate, net	`RealEstateInvestments`	$223.34M	USD	Point-in-time
Common Stock, Shares, Outstanding (in shares)	`CommonStockSharesOutstanding`	15.00M	shares	Point-in-time
Investments in real estate-related loans and securities, net	`InvestmentsInRealEstateRelatedLoansNet`	$49.30M	USD	Point-in-time
Common Stock, Shares, Outstanding (in shares)	`CommonStockSharesOutstanding`	20.51M	shares	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$10.90M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$7.45M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$183.45K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$32.74M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$30.31M	USD	Point-in-time
Restricted cash	`RestrictedCash`	$3.28M	USD	Point-in-time
Restricted cash	`RestrictedCash`	$741.60K	USD	Point-in-time
Restricted cash	`RestrictedCash`	-	USD	Point-in-time
Accounts and other receivables, net	`AccountsandOtherReceivablesNet`	$1.77M	USD	Point-in-time
Accounts and other receivables, net	`AccountsandOtherReceivablesNet`	$3.07M	USD	Point-in-time
Other assets	`OtherAssets`	$1.11M	USD	Point-in-time
Other assets	`OtherAssets`	$570.62K	USD	Point-in-time
Total Assets	`Assets`	$313.49M	USD	Point-in-time
Total Assets	`Assets`	$440.87M	USD	Point-in-time
Mortgage loans, net	`MortgageLoansNet`	$229.19M	USD	Point-in-time
Mortgage loans, net	`MortgageLoansNet`	$158.48M	USD	Point-in-time
Due to affiliates	`DueToAffiliateCurrentAndNoncurrent`	$5.95M	USD	Point-in-time
Due to affiliates	`DueToAffiliateCurrentAndNoncurrent`	$12.12M	USD	Point-in-time
Intangible liabilities, net	`IntangibleLiabilitiesNet`	$57.16K	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`	$6.31M	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`	$168.07M	USD	Point-in-time
Total Liabilities	`Liabilities`	$247.69M	USD	Point-in-time
Preferred stock, $0.01 par value per share, 50,000,000 shares authorized; no shares issued nor outstanding at December 31, 2020 and 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 December 31, 2020 and 2019, respectively	`PreferredStockValue`	-	USD	Point-in-time
Common stock, $0.01 par value per share, 1,000,000,000 shares authorized; 20,510,001 and 14,997,217 shares issued and outstanding at December 31, 2020 and 2019, respectively	`CommonStockValue`	$149.97K	USD	Point-in-time
Common stock, $0.01 par value per share, 1,000,000,000 shares authorized; 20,510,001 and 14,997,217 shares issued and outstanding at December 31, 2020 and 2019, respectively	`CommonStockValue`	$205.10K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$145.35M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$200.44M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-15.18M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-5.43M	USD	Point-in-time
Total Stockholders Equity	`StockholdersEquity`	$185.47M	USD	Point-in-time
Total Stockholders Equity	`StockholdersEquity`	$140.07M	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`	$7.72M	USD	Point-in-time
Total Equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-117.66K	USD	Point-in-time
Total Equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$200.00K	USD	Point-in-time
Total Equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$193.18M	USD	Point-in-time
Total Equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$145.42M	USD	Point-in-time
Total Liabilities and Stockholders Equity	`LiabilitiesAndStockholdersEquity`	$313.49M	USD	Point-in-time
Total Liabilities and Stockholders Equity	`LiabilitiesAndStockholdersEquity`	$440.87M	USD	Point-in-time

Income Statement 72 line items

Line Item	Tag	Value	Unit	Period
Rental revenues	`OperatingLeasesIncomeStatementLeaseRevenue`	$24.15M	USD	Annual
Rental revenues	`OperatingLeasesIncomeStatementLeaseRevenue`	$7.13M	USD	Annual
Rental revenues	`OperatingLeasesIncomeStatementLeaseRevenue`	-	USD	Annual
Other revenues	`OtherIncome`	$1.14M	USD	Annual
Other revenues	`OtherIncome`	-	USD	Annual
Other revenues	`OtherIncome`	$411.70K	USD	Annual
Total revenues	`Revenues`	$7.54M	USD	Annual
Total revenues	`Revenues`	-	USD	Annual
Total revenues	`Revenues`	$25.29M	USD	Annual
Rental property operating	`DirectCostsOfLeasedAndRentedPropertyOrEquipment`	$3.07M	USD	Annual
Rental property operating	`DirectCostsOfLeasedAndRentedPropertyOrEquipment`	-	USD	Annual
Rental property operating	`DirectCostsOfLeasedAndRentedPropertyOrEquipment`	$10.21M	USD	Annual
General and administrative expenses	`GeneralAndAdministrativeExpense`	$3.47M	USD	Annual
General and administrative expenses	`GeneralAndAdministrativeExpense`	$1.62M	USD	Annual
General and administrative expenses	`GeneralAndAdministrativeExpense`	$369.87K	USD	Annual
Organizational expenses	`OrganizationalExpenses`	-	USD	Annual
Organizational expenses	`OrganizationalExpenses`	$885.06K	USD	Annual
Organizational expenses	`OrganizationalExpenses`	-	USD	Annual
Management fee	`ManagementFeeExpense`	$1.92M	USD	Annual
Management fee	`ManagementFeeExpense`	$107.56K	USD	Annual
Management fee	`ManagementFeeExpense`	-	USD	Annual
Performance fee	`PerformanceParticipationAllocationExpense`	$2.22M	USD	Annual
Performance fee	`PerformanceParticipationAllocationExpense`	-	USD	Annual
Performance fee	`PerformanceParticipationAllocationExpense`	$200.65K	USD	Annual
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$13.48M	USD	Annual
Depreciation and amortization	`DepreciationDepletionAndAmortization`	-	USD	Annual
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$5.01M	USD	Annual
Total expenses	`CostsAndExpenses`	$10.89M	USD	Annual
Total expenses	`CostsAndExpenses`	$369.87K	USD	Annual
Total expenses	`CostsAndExpenses`	$31.30M	USD	Annual
Fees waived	`InvestmentCompanyFeeWaived`	-	USD	Annual
Fees waived	`InvestmentCompanyFeeWaived`	$107.56K	USD	Annual
Fees waived	`InvestmentCompanyFeeWaived`	$749.17K	USD	Annual
Net expenses	`CostsandExpensesNet`	$10.79M	USD	Annual
Net expenses	`CostsandExpensesNet`	$369.87K	USD	Annual
Net expenses	`CostsandExpensesNet`	$30.55M	USD	Annual
Income from real estate-related loans and securities	`InterestLoansRealEstate`	$1.98K	USD	Annual
Income from real estate-related loans and securities	`InterestLoansRealEstate`	$2.31M	USD	Annual
Income from real estate-related loans and securities	`InterestLoansRealEstate`	$4.91M	USD	Annual
Interest expense	`InterestExpense`	$4.05M	USD	Annual
Interest expense	`InterestExpense`	-	USD	Annual
Interest expense	`InterestExpense`	$4.95M	USD	Annual
Realized gain on investments	`RealizedInvestmentGainsLosses`	$144.48K	USD	Annual
Realized gain on investments	`RealizedInvestmentGainsLosses`	-	USD	Annual
Realized gain on investments	`RealizedInvestmentGainsLosses`	-	USD	Annual
Unrealized gain on investments	`UnrealizedGainLossOnInvestments`	-	USD	Annual
Unrealized gain on investments	`UnrealizedGainLossOnInvestments`	$2.42M	USD	Annual
Unrealized gain on investments	`UnrealizedGainLossOnInvestments`	-	USD	Annual
Total other income (expense)	`NonoperatingIncomeExpense`	$2.52M	USD	Annual
Total other income (expense)	`NonoperatingIncomeExpense`	$1.98K	USD	Annual
Total other income (expense)	`NonoperatingIncomeExpense`	$-1.74M	USD	Annual
Net loss	`ProfitLoss`	$-2.75M	USD	Annual
Net loss	`ProfitLoss`	$-367.89K	USD	Annual
Net loss	`ProfitLoss`	$-4.99M	USD	Annual
Net loss attributable to non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$-307.17K	USD	Annual
Net loss attributable to non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	-	USD	Annual
Net loss attributable to non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$-265.57K	USD	Annual
Net loss attributable to stockholders	`NetIncomeLoss`	$-2.44M	USD	Annual
Net loss attributable to stockholders	`NetIncomeLoss`	$-367.89K	USD	Annual
Net loss attributable to stockholders	`NetIncomeLoss`	$-4.72M	USD	Annual
Basic (in dollars per share)	`EarningsPerShareBasic`	$-0.13	USD	Annual
Basic (in dollars per share)	`EarningsPerShareBasic`	$-4.49	USD	Annual
Basic (in dollars per share)	`EarningsPerShareBasic`	$-18.39	USD	Annual
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.13	USD	Annual
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$-4.49	USD	Annual
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$-18.39	USD	Annual
Weighted average number of shares outstanding, basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	20,000.00	shares	Annual
Weighted average number of shares outstanding, basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	1.05M	shares	Annual
Weighted average number of shares outstanding, basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	18.90M	shares	Annual
Weighted average number of shares outstanding, diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	1.05M	shares	Annual
Weighted average number of shares outstanding, diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	18.90M	shares	Annual
Weighted average number of shares outstanding, diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	20,000.00	shares	Annual

Cash Flow Statement 145 line items

Line Item	Tag	Value	Unit	Period
Net loss	`ProfitLoss`	$-2.75M	USD	Annual
Net loss	`ProfitLoss`	$-367.89K	USD	Annual
Net loss	`ProfitLoss`	$-4.99M	USD	Annual
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$13.48M	USD	Annual
Depreciation and amortization	`DepreciationDepletionAndAmortization`	-	USD	Annual
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$5.01M	USD	Annual
Management fees	`IncreaseDecreaseInManagementFees`	-	USD	Annual
Management fees	`IncreaseDecreaseInManagementFees`	-	USD	Annual
Management fees	`IncreaseDecreaseInManagementFees`	$-1.17M	USD	Annual
Performance fees	`IncreaseDecreaseInPerformanceFees`	$-200.65K	USD	Annual
Performance fees	`IncreaseDecreaseInPerformanceFees`	$-2.22M	USD	Annual
Performance fees	`IncreaseDecreaseInPerformanceFees`	-	USD	Annual
Amortization of above and below market leases	`AmortizationOfAboveAndBelowMarketLeases1`	$-70.03K	USD	Annual
Amortization of above and below market leases	`AmortizationOfAboveAndBelowMarketLeases1`	-	USD	Annual
Amortization of above and below market leases	`AmortizationOfAboveAndBelowMarketLeases1`	$102.84K	USD	Annual
Amortization of restricted stock grants	`AmortizationofRestrictedStockGrants`	-	USD	Annual
Amortization of restricted stock grants	`AmortizationofRestrictedStockGrants`	$72.45K	USD	Annual
Amortization of restricted stock grants	`AmortizationofRestrictedStockGrants`	$74.88K	USD	Annual
Amortization of deferred financing costs	`AmortizationOfFinancingCosts`	$50.31K	USD	Annual
Amortization of deferred financing costs	`AmortizationOfFinancingCosts`	$211.62K	USD	Annual
Amortization of deferred financing costs	`AmortizationOfFinancingCosts`	$50.24K	USD	Annual
Amortization of discount	`AmortizationOfDebtDiscountPremium`	-	USD	Annual
Amortization of discount	`AmortizationOfDebtDiscountPremium`	$-453.17K	USD	Annual
Amortization of discount	`AmortizationOfDebtDiscountPremium`	$-416.64K	USD	Annual
Realized gain on investments	`RealizedInvestmentGainsLosses`	$144.48K	USD	Annual
Realized gain on investments	`RealizedInvestmentGainsLosses`	-	USD	Annual
Realized gain on investments	`RealizedInvestmentGainsLosses`	-	USD	Annual
Unrealized gain on investments	`UnrealizedGainLossOnInvestments`	-	USD	Annual
Unrealized gain on investments	`UnrealizedGainLossOnInvestments`	$2.42M	USD	Annual
Unrealized gain on investments	`UnrealizedGainLossOnInvestments`	-	USD	Annual
Increase in lease inducements and origination costs	`IncreaseDecreaseInLoanOriginationCosts`	-	USD	Annual
Increase in lease inducements and origination costs	`IncreaseDecreaseInLoanOriginationCosts`	$1.66M	USD	Annual
Increase in lease inducements and origination costs	`IncreaseDecreaseInLoanOriginationCosts`	-	USD	Annual
Increase in other assets	`IncreaseDecreaseInOtherOperatingAssets`	$570.62K	USD	Annual
Increase in other assets	`IncreaseDecreaseInOtherOperatingAssets`	$794.27K	USD	Annual
Increase in other assets	`IncreaseDecreaseInOtherOperatingAssets`	-	USD	Annual
Increase in accounts and other receivables	`IncreaseDecreaseInAccountsAndOtherReceivables`	-	USD	Annual
Increase in accounts and other receivables	`IncreaseDecreaseInAccountsAndOtherReceivables`	$1.77M	USD	Annual
Increase in accounts and other receivables	`IncreaseDecreaseInAccountsAndOtherReceivables`	$1.31M	USD	Annual
Increase in accounts payable, accrued expenses and other liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$2.94M	USD	Annual
Increase in accounts payable, accrued expenses and other liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$102.93K	USD	Annual
Increase in accounts payable, accrued expenses and other liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-163.03K	USD	Annual
Increase in due to affiliates	`IncreaseDecreaseDueFromAffiliates`	$-880.05K	USD	Annual
Increase in due to affiliates	`IncreaseDecreaseDueFromAffiliates`	$-295.77K	USD	Annual
Increase in due to affiliates	`IncreaseDecreaseDueFromAffiliates`	$-198.18K	USD	Annual
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-16.55K	USD	Annual
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$9.32M	USD	Annual
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-176.57K	USD	Annual
Acquisition of real estate	`PaymentsToAcquireRealEstate`	-	USD	Annual
Acquisition of real estate	`PaymentsToAcquireRealEstate`	$233.19M	USD	Annual
Acquisition of real estate	`PaymentsToAcquireRealEstate`	$105.14M	USD	Annual
Purchase of real estate-related loans and securities	`PaymentstoAcquireRealEstateRelatedLoans`	$33.30M	USD	Annual
Purchase of real estate-related loans and securities	`PaymentstoAcquireRealEstateRelatedLoans`	$48.88M	USD	Annual
Purchase of real estate-related loans and securities	`PaymentstoAcquireRealEstateRelatedLoans`	-	USD	Annual
Proceeds from sale of real estate-related loans and securities	`ProceedsFromSaleOfWhollyOwnedRealEstateAndRealEstateAcquiredInSettlementOfLoans`	-	USD	Annual
Proceeds from sale of real estate-related loans and securities	`ProceedsFromSaleOfWhollyOwnedRealEstateAndRealEstateAcquiredInSettlementOfLoans`	-	USD	Annual
Proceeds from sale of real estate-related loans and securities	`ProceedsFromSaleOfWhollyOwnedRealEstateAndRealEstateAcquiredInSettlementOfLoans`	$11.77M	USD	Annual
Building improvements	`PaymentsForTenantImprovements`	$1.98M	USD	Annual
Building improvements	`PaymentsForTenantImprovements`	-	USD	Annual
Building improvements	`PaymentsForTenantImprovements`	$972.45K	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-128.64M	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	-	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-283.05M	USD	Annual
Borrowings from mortgage loans	`ProceedsFromBorrowingsFromMortgageLoans`	-	USD	Annual
Borrowings from mortgage loans	`ProceedsFromBorrowingsFromMortgageLoans`	$159.41M	USD	Annual
Borrowings from mortgage loans	`ProceedsFromBorrowingsFromMortgageLoans`	$71.15M	USD	Annual
Proceeds from affiliate line of credit	`ProceedsFromLinesOfCredit`	-	USD	Annual
Proceeds from affiliate line of credit	`ProceedsFromLinesOfCredit`	-	USD	Annual
Proceeds from affiliate line of credit	`ProceedsFromLinesOfCredit`	$106.39M	USD	Annual
Repayments of affiliate line of credit	`RepaymentsOfLinesOfCredit`	-	USD	Annual
Repayments of affiliate line of credit	`RepaymentsOfLinesOfCredit`	$19.51M	USD	Annual
Repayments of affiliate line of credit	`RepaymentsOfLinesOfCredit`	-	USD	Annual
Payment of deferred financing costs	`PaymentsOfFinancingCosts`	-	USD	Annual
Payment of deferred financing costs	`PaymentsOfFinancingCosts`	$984.46K	USD	Annual
Payment of deferred financing costs	`PaymentsOfFinancingCosts`	$653.89K	USD	Annual
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$68.01M	USD	Annual
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	-	USD	Annual
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$80.16M	USD	Annual
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$150.00M	USD	Point-in-time
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	-	USD	Annual
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	-	USD	Annual
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	$23.22M	USD	Annual
Payment of offering costs	`PaymentsofOfferingCosts`	-	USD	Annual
Payment of offering costs	`PaymentsofOfferingCosts`	$1.50M	USD	Annual
Payment of offering costs	`PaymentsofOfferingCosts`	$4.84M	USD	Annual
Distributions to non-controlling interests	`PaymentsOfDividendsMinorityInterest`	-	USD	Annual
Distributions to non-controlling interests	`PaymentsOfDividendsMinorityInterest`	$131.15K	USD	Annual
Distributions to non-controlling interests	`PaymentsOfDividendsMinorityInterest`	$445.85K	USD	Annual
Contributions from non-controlling interests	`ProceedsFromMinorityShareholders`	-	USD	Annual
Contributions from non-controlling interests	`ProceedsFromMinorityShareholders`	$3.12M	USD	Annual
Contributions from non-controlling interests	`ProceedsFromMinorityShareholders`	$5.74M	USD	Annual
Distributions	`PaymentsOfCapitalDistribution`	-	USD	Annual
Distributions	`PaymentsOfCapitalDistribution`	-	USD	Annual
Distributions	`PaymentsOfCapitalDistribution`	$4.33M	USD	Annual
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$314.09M	USD	Annual
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$124.29M	USD	Annual
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	-	USD	Annual
Net change in cash and cash-equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$-16.55K	USD	Annual
Net change in cash and cash-equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$4.97M	USD	Annual
Net change in cash and cash-equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$30.87M	USD	Annual
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`	$200.00K	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`	$36.02M	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`	$200.00K	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`	$36.02M	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`	$200.00K	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`	$36.02M	USD	Point-in-time
Interest paid	`InterestPaidNet`	-	USD	Annual
Interest paid	`InterestPaidNet`	$1.82M	USD	Annual
Interest paid	`InterestPaidNet`	$4.71M	USD	Annual
Line of credit repayment through issuance of Class I shares	`ProceedsFromRepaymentsOfLinesOfCredit`	$-86.88M	USD	Annual
Line of credit repayment through issuance of Class I shares	`ProceedsFromRepaymentsOfLinesOfCredit`	-	USD	Annual
Line of credit repayment through issuance of Class I shares	`ProceedsFromRepaymentsOfLinesOfCredit`	-	USD	Annual
Accrued distributions	`AccruedDistributions`	-	USD	Annual
Accrued distributions	`AccruedDistributions`	$339.34K	USD	Annual
Accrued distributions	`AccruedDistributions`	$768.52K	USD	Annual
Accrued stockholder servicing fee	`AccruedStockholderServicingFee`	$35.81K	USD	Annual
Accrued stockholder servicing fee	`AccruedStockholderServicingFee`	-	USD	Annual
Accrued stockholder servicing fee	`AccruedStockholderServicingFee`	$96.38K	USD	Annual
Distributions reinvested	`DistributionsReinvested`	-	USD	Annual
Distributions reinvested	`DistributionsReinvested`	$2.21M	USD	Annual
Distributions reinvested	`DistributionsReinvested`	-	USD	Annual
Accrued management fee in due to affiliates	`AccruedManagementFees`	$360.62K	USD	Annual
Accrued management fee in due to affiliates	`AccruedManagementFees`	-	USD	Annual
Accrued management fee in due to affiliates	`AccruedManagementFees`	-	USD	Annual
Management fees paid in shares	`ManagementFeesPaidInShares`	$810.10K	USD	Annual
Management fees paid in shares	`ManagementFeesPaidInShares`	-	USD	Annual
Management fees paid in shares	`ManagementFeesPaidInShares`	-	USD	Annual
Accrued building improvements and lease inducements	`AccruedBuildingImprovements`	$980.02K	USD	Annual
Accrued building improvements and lease inducements	`AccruedBuildingImprovements`	-	USD	Annual
Accrued building improvements and lease inducements	`AccruedBuildingImprovements`	-	USD	Annual
Accrued repurchases in due to affiliates	`RepurchasesDueToAffiliates`	$2.64M	USD	Annual
Accrued repurchases in due to affiliates	`RepurchasesDueToAffiliates`	-	USD	Annual
Accrued repurchases in due to affiliates	`RepurchasesDueToAffiliates`	-	USD	Annual
Accrued Offering Costs	`AccruedOfferingCosts`	$661.13K	USD	Annual
Accrued Offering Costs	`AccruedOfferingCosts`	-	USD	Annual
Accrued Offering Costs	`AccruedOfferingCosts`	-	USD	Annual
Addition of Furniture, Fixtures and Equipment in Lieu of Rent	`AdditionOfFurnitureFixturesAndEquipmentInLieuOfRent`	-	USD	Annual
Addition of Furniture, Fixtures and Equipment in Lieu of Rent	`AdditionOfFurnitureFixturesAndEquipmentInLieuOfRent`	-	USD	Annual
Addition of Furniture, Fixtures and Equipment in Lieu of Rent	`AdditionOfFurnitureFixturesAndEquipmentInLieuOfRent`	$420.53K	USD	Annual

Stockholders Equity 26 line items

Line Item	Tag	Value	Unit	Period
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-117.66K	USD	Point-in-time
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$200.00K	USD	Point-in-time
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$193.18M	USD	Point-in-time
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$145.42M	USD	Point-in-time
Share-based compensation	`AdjustmentstoAdditionalPaidinCapitalAmortizationofRestrictedStockGrants`	$50.24K	USD	Annual
Share-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$74.88K	USD	Annual
Share-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$72.45K	USD	Annual
Common stock issued (in shares)	`StockIssuedDuringPeriodSharesNewIssues`	7.80M	shares	Annual
Common stock issued, value	`StockIssuedDuringPeriodValueNewIssues`	$91.19M	USD	Annual
Contributions	`IncreasefromContributions`	$5.74M	USD	Annual
Contributions	`IncreasefromContributions`	$3.12M	USD	Annual
Distributions	`DecreasefromDistributions`	$7.76M	USD	Annual
Distributions	`DecreasefromDistributions`	$470.48K	USD	Annual
Offering costs	`AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts`	$2.26M	USD	Annual
Offering costs	`AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts`	$4.88M	USD	Annual
Net loss	`ProfitLoss`	$-2.75M	USD	Annual
Net loss	`ProfitLoss`	$-367.89K	USD	Annual
Net loss	`ProfitLoss`	$-4.99M	USD	Annual
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-117.66K	USD	Point-in-time
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$200.00K	USD	Point-in-time
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$193.18M	USD	Point-in-time
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$145.42M	USD	Point-in-time
Distributions reinvested	`DistributionsReinvested`	-	USD	Annual
Distributions reinvested	`DistributionsReinvested`	$2.21M	USD	Annual
Distributions reinvested	`DistributionsReinvested`	-	USD	Annual
Decrease From Redemptions	`DecreaseFromRedemptions`	$25.85M	USD	Annual

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