10-Q Filing

BROOKFIELD REAL ESTATE INCOME TRUST INC. CIK: 1713407 Q2 2022

Filing Information

Form Type	10-Q
Accession Number	`0001713407-22-000071`
Period End Date	20220630
Filing Date	20220812
Fiscal Year	2022
Fiscal Period	Q2
XBRL Instance	oak-20220630_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 68 Income Statement 92 Cash Flow Statement 140 Stockholders Equity 46

Balance Sheet 68 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, issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred stock, 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
Investments in real estate, net	`RealEstateInvestments`	$1.57B	USD	Point-in-time
Investments in real estate, net	`RealEstateInvestments`	$1.07B	USD	Point-in-time
Investments in real estate-related loans and securities, net	`InvestmentsInRealEstateRelatedLoansNet`	$55.07M	USD	Point-in-time
Investments in real estate-related loans and securities, net	`InvestmentsInRealEstateRelatedLoansNet`	$123.38M	USD	Point-in-time
Investments in unconsolidated entities	`InvestmentsInUnconsolidatedEntities`	$96.12M	USD	Point-in-time
Investments in unconsolidated entities	`InvestmentsInUnconsolidatedEntities`	$129.67M	USD	Point-in-time
Common stock, outstanding (in shares)	`CommonStockSharesOutstanding`	72.92M	shares	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$48.83M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$49.15M	USD	Point-in-time
Common stock, outstanding (in shares)	`CommonStockSharesOutstanding`	26.61M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$93.58M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$35.89M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$29.99M	USD	Point-in-time
Restricted cash	`RestrictedCash`	$85.83M	USD	Point-in-time
Restricted cash	`RestrictedCash`	$30.80M	USD	Point-in-time
Restricted cash	`RestrictedCash`	$4.02M	USD	Point-in-time
Accounts and other receivables, net	`AccountsAndOtherReceivablesNet`	$6.65M	USD	Point-in-time
Accounts and other receivables, net	`AccountsAndOtherReceivablesNet`	$3.76M	USD	Point-in-time
Other assets	`OtherAssets`	$10.52M	USD	Point-in-time
Other assets	`OtherAssets`	$28.44M	USD	Point-in-time
Total Assets	`Assets`	$1.37B	USD	Point-in-time
Total Assets	`Assets`	$2.05B	USD	Point-in-time
Mortgage loans and secured credit facility, net	`MortgageLoansNet`	$1.10B	USD	Point-in-time
Mortgage loans and secured credit facility, net	`MortgageLoansNet`	$733.79M	USD	Point-in-time
Unsecured revolving credit facility	`LineOfCredit`	$105.00M	USD	Point-in-time
Unsecured revolving credit facility	`LineOfCredit`	-	USD	Point-in-time
Due to affiliates	`DueToAffiliateCurrentAndNoncurrent`	$35.89M	USD	Point-in-time
Due to affiliates	`DueToAffiliateCurrentAndNoncurrent`	$47.60M	USD	Point-in-time
Intangible liabilities, net	`IntangibleLiabilitiesNet`	$28.38M	USD	Point-in-time
Intangible liabilities, net	`IntangibleLiabilitiesNet`	$28.15M	USD	Point-in-time
Accounts payable, accrued expenses and other liabilities (include stock based compensation)	`AccountsPayableAccruedExpensesAndOtherLiabilities`	$30.74M	USD	Point-in-time
Accounts payable, accrued expenses and other liabilities (include stock based compensation)	`AccountsPayableAccruedExpensesAndOtherLiabilities`	$16.22M	USD	Point-in-time
Subscriptions received in advance	`ContractWithCustomerLiability`	$24.38M	USD	Point-in-time
Subscriptions received in advance	`ContractWithCustomerLiability`	$77.63M	USD	Point-in-time
Total Liabilities	`Liabilities`	$943.67M	USD	Point-in-time
Total Liabilities	`Liabilities`	$1.28B	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Redeemable non-controlling interests attributable to OP unitholders	`RedeemableNoncontrollingInterestEquityCarryingAmount`	$1.01M	USD	Point-in-time
Redeemable non-controlling interests attributable to OP unitholders	`RedeemableNoncontrollingInterestEquityCarryingAmount`	$200.09M	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, 2022 and December 31, 2021, 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, 2022 and December 31, 2021, respectively	`PreferredStockValue`	-	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$811.12M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$249.43M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-23.61M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-46.53M	USD	Point-in-time
Total Stockholders Equity	`StockholdersEquity`	$226.06M	USD	Point-in-time
Total Stockholders Equity	`StockholdersEquity`	$765.29M	USD	Point-in-time
Non-controlling interests attributable to third party joint ventures	`NonControllingInterestsAttributableToPreferredStockholders`	$4.52M	USD	Point-in-time
Non-controlling interests attributable to third party joint ventures	`NonControllingInterestsAttributableToPreferredStockholders`	$4.23M	USD	Point-in-time
Non-controlling interests attributable to preferred stockholders	`NonControllingInterestsAttributableToThirdPartyJointVentures`	$375.00K	USD	Point-in-time
Non-controlling interests attributable to preferred stockholders	`NonControllingInterestsAttributableToThirdPartyJointVentures`	$375.00K	USD	Point-in-time
Total Equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$194.42M	USD	Point-in-time
Total Equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$230.96M	USD	Point-in-time
Total Equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$297.07M	USD	Point-in-time
Total Equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$190.68M	USD	Point-in-time
Total Equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$769.90M	USD	Point-in-time
Total Equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$193.18M	USD	Point-in-time
Total Liabilities and Stockholders' Equity	`LiabilitiesAndStockholdersEquity`	$1.37B	USD	Point-in-time
Total Liabilities and Stockholders' Equity	`LiabilitiesAndStockholdersEquity`	$2.05B	USD	Point-in-time

Income Statement 92 line items

Line Item	Tag	Value	Unit	Period
Rental revenues	`OperatingLeaseLeaseIncome`	$27.04M	USD	1 Quarter
Rental revenues	`OperatingLeaseLeaseIncome`	$14.67M	USD	2 Qtrs
Rental revenues	`OperatingLeaseLeaseIncome`	$48.70M	USD	2 Qtrs
Rental revenues	`OperatingLeaseLeaseIncome`	$7.44M	USD	1 Quarter
Other revenues	`OtherIncome`	$2.75M	USD	1 Quarter
Other revenues	`OtherIncome`	$483.50K	USD	1 Quarter
Other revenues	`OtherIncome`	$4.65M	USD	2 Qtrs
Other revenues	`OtherIncome`	$864.94K	USD	2 Qtrs
Total revenues	`Revenues`	$7.92M	USD	1 Quarter
Total revenues	`Revenues`	$53.35M	USD	2 Qtrs
Total revenues	`Revenues`	$29.79M	USD	1 Quarter
Total revenues	`Revenues`	$15.53M	USD	2 Qtrs
Rental property operating	`DirectCostsOfLeasedAndRentedPropertyOrEquipment`	$6.74M	USD	2 Qtrs
Rental property operating	`DirectCostsOfLeasedAndRentedPropertyOrEquipment`	$9.66M	USD	1 Quarter
Rental property operating	`DirectCostsOfLeasedAndRentedPropertyOrEquipment`	$17.58M	USD	2 Qtrs
Rental property operating	`DirectCostsOfLeasedAndRentedPropertyOrEquipment`	$3.43M	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$4.47M	USD	2 Qtrs
General and administrative expenses	`GeneralAndAdministrativeExpense`	$1.05M	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$2.48M	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$2.07M	USD	2 Qtrs
General and administrative expenses	`ManagementFeeExpense`	$1.12M	USD	2 Qtrs
General and administrative expenses	`ManagementFeeExpense`	$3.29M	USD	2 Qtrs
General and administrative expenses	`ManagementFeeExpense`	$569.39K	USD	1 Quarter
General and administrative expenses	`ManagementFeeExpense`	$2.10M	USD	1 Quarter
Performance fee	`PerformanceFees1`	$4.72M	USD	1 Quarter
Performance fee	`PerformanceFees1`	$8.23M	USD	2 Qtrs
Performance fee	`PerformanceFees1`	$687.26K	USD	1 Quarter
Performance fee	`PerformanceFees1`	$1.26M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$8.11M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$28.54M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$15.35M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$3.79M	USD	1 Quarter
Total expenses	`CostsAndExpenses`	$34.31M	USD	1 Quarter
Total expenses	`CostsAndExpenses`	$62.12M	USD	2 Qtrs
Total expenses	`CostsAndExpenses`	$9.53M	USD	1 Quarter
Total expenses	`CostsAndExpenses`	$19.31M	USD	2 Qtrs
Income from real estate-related loans and securities	`InterestLoansRealEstate`	$2.49M	USD	2 Qtrs
Income from real estate-related loans and securities	`InterestLoansRealEstate`	$1.35M	USD	1 Quarter
Income from real estate-related loans and securities	`InterestLoansRealEstate`	$1.42M	USD	1 Quarter
Income from real estate-related loans and securities	`InterestLoansRealEstate`	$2.55M	USD	2 Qtrs
Interest expense	`InterestExpense`	$1.40M	USD	1 Quarter
Interest expense	`InterestExpense`	$2.77M	USD	2 Qtrs
Interest expense	`InterestExpense`	$14.77M	USD	2 Qtrs
Interest expense	`InterestExpense`	$8.05M	USD	1 Quarter
Realized gain on real estate investments, net	`RealizedInvestmentGainsLosses`	-	USD	1 Quarter
Realized gain on real estate investments, net	`RealizedInvestmentGainsLosses`	$668.76K	USD	2 Qtrs
Realized gain on real estate investments, net	`RealizedInvestmentGainsLosses`	-	USD	1 Quarter
Realized gain on real estate investments, net	`RealizedInvestmentGainsLosses`	$980.66K	USD	2 Qtrs
Realized gain on financial instruments	`OtherNonoperatingIncomeExpense`	$7.09M	USD	1 Quarter
Realized gain on financial instruments	`OtherNonoperatingIncomeExpense`	-	USD	2 Qtrs
Realized gain on financial instruments	`OtherNonoperatingIncomeExpense`	-	USD	1 Quarter
Realized gain on financial instruments	`OtherNonoperatingIncomeExpense`	$7.09M	USD	2 Qtrs
Unrealized (loss) gain on investments, net	`UnrealizedGainLossOnInvestments`	$332.41K	USD	1 Quarter
Unrealized (loss) gain on investments, net	`UnrealizedGainLossOnInvestments`	$-7.80M	USD	1 Quarter
Unrealized (loss) gain on investments, net	`UnrealizedGainLossOnInvestments`	$319.98K	USD	2 Qtrs
Unrealized (loss) gain on investments, net	`UnrealizedGainLossOnInvestments`	$-1.01M	USD	2 Qtrs
Total other income (expense)	`NonoperatingIncomeExpense`	$282.25K	USD	1 Quarter
Total other income (expense)	`NonoperatingIncomeExpense`	$-7.34M	USD	1 Quarter
Total other income (expense)	`NonoperatingIncomeExpense`	$1.08M	USD	2 Qtrs
Total other income (expense)	`NonoperatingIncomeExpense`	$-5.53M	USD	2 Qtrs
Net loss	`ProfitLoss`	$-1.32M	USD	1 Quarter
Net loss	`ProfitLoss`	$-11.85M	USD	1 Quarter
Net loss	`ProfitLoss`	$-14.31M	USD	2 Qtrs
Net loss	`ProfitLoss`	$-2.70M	USD	2 Qtrs
Net loss attributable to non-controlling interests in third party joint ventures	`NetIncomeLossAttributableToNonredeemableNoncontrollingInterest`	$-189.27K	USD	2 Qtrs
Net loss attributable to non-controlling interests in third party joint ventures	`NetIncomeLossAttributableToNonredeemableNoncontrollingInterest`	$-63.99K	USD	1 Quarter
Net loss attributable to non-controlling interests in third party joint ventures	`NetIncomeLossAttributableToNonredeemableNoncontrollingInterest`	$-28.70K	USD	1 Quarter
Net loss attributable to non-controlling interests in third party joint ventures	`NetIncomeLossAttributableToNonredeemableNoncontrollingInterest`	$-22.90K	USD	2 Qtrs
Net loss attributable to redeemable non-controlling interests	`NetIncomeLossAttributableToRedeemableNoncontrollingInterest`	-	USD	1 Quarter
Net loss attributable to redeemable non-controlling interests	`NetIncomeLossAttributableToRedeemableNoncontrollingInterest`	$-4.65M	USD	2 Qtrs
Net loss attributable to redeemable non-controlling interests	`NetIncomeLossAttributableToRedeemableNoncontrollingInterest`	-	USD	2 Qtrs
Net loss attributable to redeemable non-controlling interests	`NetIncomeLossAttributableToRedeemableNoncontrollingInterest`	$-3.67M	USD	1 Quarter
Net loss attributable to Brookfield REIT stockholders	`NetIncomeLoss`	$-8.15M	USD	1 Quarter
Net loss attributable to Brookfield REIT stockholders	`NetIncomeLoss`	$-1.26M	USD	1 Quarter
Net loss attributable to Brookfield REIT stockholders	`NetIncomeLoss`	$-9.63M	USD	2 Qtrs
Net loss attributable to Brookfield REIT stockholders	`NetIncomeLoss`	$-2.51M	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$-0.25	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$-0.12	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$-0.18	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$-0.06	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.06	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.12	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.25	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.18	USD	1 Quarter
Weighted average number of shares outstanding, basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	21.74M	shares	2 Qtrs
Weighted average number of shares outstanding, basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	22.20M	shares	1 Quarter
Weighted average number of shares outstanding, basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	44.70M	shares	1 Quarter
Weighted average number of shares outstanding, basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	38.24M	shares	2 Qtrs
Weighted average number of shares outstanding, diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	44.70M	shares	1 Quarter
Weighted average number of shares outstanding, diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	38.24M	shares	2 Qtrs
Weighted average number of shares outstanding, diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	21.74M	shares	2 Qtrs
Weighted average number of shares outstanding, diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	22.20M	shares	1 Quarter

Cash Flow Statement 140 line items

Line Item	Tag	Value	Unit	Period
Net loss	`ProfitLoss`	$-1.32M	USD	1 Quarter
Net loss	`ProfitLoss`	$-11.85M	USD	1 Quarter
Net loss	`ProfitLoss`	$-14.31M	USD	2 Qtrs
Net loss	`ProfitLoss`	$-2.70M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$8.11M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$28.54M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$15.35M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$3.79M	USD	1 Quarter
Management fees	`IncreaseDecreaseInManagementFees`	$-1.12M	USD	2 Qtrs
Management fees	`IncreaseDecreaseInManagementFees`	$-3.29M	USD	2 Qtrs
Performance fees	`IncreaseDecreaseInPerformanceFees`	$-8.23M	USD	2 Qtrs
Performance fees	`IncreaseDecreaseInPerformanceFees`	-	USD	2 Qtrs
Amortization of above and below market leases and lease inducements	`AmortizationOfAboveAndBelowMarketLeases1`	$-114.71K	USD	2 Qtrs
Amortization of above and below market leases and lease inducements	`AmortizationOfAboveAndBelowMarketLeases1`	$685.50K	USD	2 Qtrs
Amortization of restricted stock grants	`AmortizationOfRestrictedStockGrants`	$80.62K	USD	2 Qtrs
Amortization of restricted stock grants	`AmortizationOfRestrictedStockGrants`	$35.31K	USD	2 Qtrs
Amortization of deferred financing costs	`OtherAmortizationOfDeferredCharges`	$1.13M	USD	2 Qtrs
Amortization of deferred financing costs	`OtherAmortizationOfDeferredCharges`	$158.68K	USD	2 Qtrs
Amortization of origination fees and discount	`AmortizationOfFinancingCostsAndDiscounts`	$-83.47K	USD	2 Qtrs
Amortization of origination fees and discount	`AmortizationOfFinancingCostsAndDiscounts`	$-111.80K	USD	2 Qtrs
Capitalized interest from the real-estate loans	`InterestCostsCapitalizedRealEstateLoans`	$-171.66K	USD	2 Qtrs
Capitalized interest from the real-estate loans	`InterestCostsCapitalizedRealEstateLoans`	$380.30K	USD	2 Qtrs
Realized gain on investments in real estate-related loans and securities	`RealizedInvestmentGainsLosses`	-	USD	1 Quarter
Realized gain on investments in real estate-related loans and securities	`RealizedInvestmentGainsLosses`	$668.76K	USD	2 Qtrs
Realized gain on investments in real estate-related loans and securities	`RealizedInvestmentGainsLosses`	-	USD	1 Quarter
Realized gain on investments in real estate-related loans and securities	`RealizedInvestmentGainsLosses`	$980.66K	USD	2 Qtrs
Unrealized (gain) loss on investments	`UnrealizedGainLossOnInvestments`	$332.41K	USD	1 Quarter
Unrealized (gain) loss on investments	`UnrealizedGainLossOnInvestments`	$-7.80M	USD	1 Quarter
Unrealized (gain) loss on investments	`UnrealizedGainLossOnInvestments`	$319.98K	USD	2 Qtrs
Unrealized (gain) loss on investments	`UnrealizedGainLossOnInvestments`	$-1.01M	USD	2 Qtrs
Increase in lease inducements and origination costs	`IncreaseDecreaseInOperatingLeaseLiability`	$-259.36K	USD	2 Qtrs
Increase in lease inducements and origination costs	`IncreaseDecreaseInOperatingLeaseLiability`	$-81.82K	USD	2 Qtrs
Increase (decrease) in other assets	`IncreaseDecreaseInOtherOperatingAssets`	$60.15K	USD	2 Qtrs
Increase (decrease) in other assets	`IncreaseDecreaseInOtherOperatingAssets`	$163.50K	USD	2 Qtrs
Increase in accounts and other receivables	`IncreaseDecreaseInAccountsAndOtherReceivables`	$161.16K	USD	2 Qtrs
Increase in accounts and other receivables	`IncreaseDecreaseInAccountsAndOtherReceivables`	$2.90M	USD	2 Qtrs
Increase in accounts payable, accrued expenses and other liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$8.86M	USD	2 Qtrs
Increase in accounts payable, accrued expenses and other liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$140.32K	USD	2 Qtrs
Increase in due to affiliates	`IncreaseDecreaseDueFromAffiliates`	$2.32M	USD	2 Qtrs
Increase in due to affiliates	`IncreaseDecreaseDueFromAffiliates`	$-2.01M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$34.24M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$2.60M	USD	2 Qtrs
Acquisitions of real estate	`PaymentsToAcquireRealEstate`	-	USD	2 Qtrs
Acquisitions of real estate	`PaymentsToAcquireRealEstate`	$523.00M	USD	2 Qtrs
Purchase of real estate-related loans and securities	`PaymentstoAcquireRealEstateRelatedLoans`	$17.07M	USD	2 Qtrs
Purchase of real estate-related loans and securities	`PaymentstoAcquireRealEstateRelatedLoans`	$73.53M	USD	2 Qtrs
Proceeds from sale of real estate-related loans and securities	`ProceedsFromSaleOfWhollyOwnedRealEstateAndRealEstateAcquiredInSettlementOfLoans`	$3.09M	USD	2 Qtrs
Proceeds from sale of real estate-related loans and securities	`ProceedsFromSaleOfWhollyOwnedRealEstateAndRealEstateAcquiredInSettlementOfLoans`	$5.04M	USD	2 Qtrs
Proceeds from principal repayments of real estate-related loans	`ProceedsFromPrincipalRepaymentsOnLoansAndLeasesHeldForInvestment`	$3.69M	USD	2 Qtrs
Proceeds from principal repayments of real estate-related loans	`ProceedsFromPrincipalRepaymentsOnLoansAndLeasesHeldForInvestment`	$1.47M	USD	2 Qtrs
Capital improvements to real estate	`PaymentsForTenantImprovements`	$4.61M	USD	2 Qtrs
Capital improvements to real estate	`PaymentsForTenantImprovements`	$1.02M	USD	2 Qtrs
Purchase of trading securities	`PaymentsToAcquireTradingSecuritiesHeldforinvestment`	-	USD	2 Qtrs
Purchase of trading securities	`PaymentsToAcquireTradingSecuritiesHeldforinvestment`	$14.87M	USD	2 Qtrs
Proceeds from sale of preferred membership interests	`ProceedsFromSaleOfPreferredMembershipInterests`	$28.83M	USD	2 Qtrs
Proceeds from sale of preferred membership interests	`ProceedsFromSaleOfPreferredMembershipInterests`	-	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-582.63M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-9.36M	USD	2 Qtrs
Proceeds from mortgage loans	`ProceedsFromBorrowingsFromMortgageLoans`	$584.96M	USD	2 Qtrs
Proceeds from mortgage loans	`ProceedsFromBorrowingsFromMortgageLoans`	$108.34K	USD	2 Qtrs
Proceeds from secured credit facility	`ProceedsFromIssuanceOfSecuredDebt`	$251.15M	USD	2 Qtrs
Proceeds from secured credit facility	`ProceedsFromIssuanceOfSecuredDebt`	-	USD	2 Qtrs
Proceeds from affiliate line of credit	`ProceedsFromLinesOfCredit`	-	USD	2 Qtrs
Proceeds from affiliate line of credit	`ProceedsFromLinesOfCredit`	$43.00M	USD	2 Qtrs
Proceeds from issuance of OP units	`ProceedsFromIssuanceOfCommonLimitedPartnersUnits`	$38.00M	USD	2 Qtrs
Proceeds from issuance of OP units	`ProceedsFromIssuanceOfCommonLimitedPartnersUnits`	-	USD	2 Qtrs
Repayment of secured term loan	`RepaymentsOfTermLoan`	-	USD	2 Qtrs
Repayment of secured term loan	`RepaymentsOfTermLoan`	$214.75M	USD	2 Qtrs
Repayment of secured credit facility	`RepaymentsOfSecuredDebt`	$256.86M	USD	2 Qtrs
Repayment of secured credit facility	`RepaymentsOfSecuredDebt`	-	USD	2 Qtrs
Repayments of affiliate line of credit	`RepaymentsOfLinesOfCredit`	$148.00M	USD	2 Qtrs
Repayments of affiliate line of credit	`RepaymentsOfLinesOfCredit`	-	USD	2 Qtrs
Payment of deferred financing costs	`PaymentsOfFinancingCosts`	-	USD	2 Qtrs
Payment of deferred financing costs	`PaymentsOfFinancingCosts`	$3.74M	USD	2 Qtrs
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$321.05M	USD	2 Qtrs
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$64.14M	USD	2 Qtrs
Subscriptions received in advance	`SubscriptionsReceivedInAdvance`	-	USD	2 Qtrs
Subscriptions received in advance	`SubscriptionsReceivedInAdvance`	$-77.63M	USD	2 Qtrs
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$17.96M	USD	2 Qtrs
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$48.98M	USD	2 Qtrs
Payment of offering costs	`PaymentsOfOfferingCosts`	$1.52M	USD	2 Qtrs
Payment of offering costs	`PaymentsOfOfferingCosts`	$2.57M	USD	2 Qtrs
Distributions to non-controlling interests	`PaymentsOfDividendsMinorityInterest`	$367.07K	USD	2 Qtrs
Distributions to non-controlling interests	`PaymentsOfDividendsMinorityInterest`	$298.58K	USD	2 Qtrs
Contributions from non-controlling interests	`ProceedsFromMinorityShareholders`	$32.59K	USD	2 Qtrs
Contributions from non-controlling interests	`ProceedsFromMinorityShareholders`	$58.06K	USD	2 Qtrs
Distributions	`PaymentsOfCapitalDistribution`	$2.78M	USD	2 Qtrs
Distributions	`PaymentsOfCapitalDistribution`	$4.60M	USD	2 Qtrs
Distributions to non-controlling interests attributable to preferred stockholders	`PaymentsOfOrdinaryDividendsNoncontrollingInterestAttributableToPreferredStockholders`	$24.25K	USD	2 Qtrs
Distributions to non-controlling interests attributable to preferred stockholders	`PaymentsOfOrdinaryDividendsNoncontrollingInterestAttributableToPreferredStockholders`	-	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$667.02M	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$10.66M	USD	2 Qtrs
Net change in cash and cash-equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$118.63M	USD	2 Qtrs
Net change in cash and cash-equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$3.90M	USD	2 Qtrs
Cash and cash-equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$179.41M	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, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$60.78M	USD	Point-in-time
Cash and cash-equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$39.91M	USD	Point-in-time
Cash and cash-equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$179.41M	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, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$60.78M	USD	Point-in-time
Cash and cash-equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$39.91M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$93.58M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$35.89M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$29.99M	USD	Point-in-time
Restricted cash	`RestrictedCash`	$85.83M	USD	Point-in-time
Restricted cash	`RestrictedCash`	$30.80M	USD	Point-in-time
Restricted cash	`RestrictedCash`	$4.02M	USD	Point-in-time
Cash and cash-equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$179.41M	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, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$60.78M	USD	Point-in-time
Cash and cash-equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$39.91M	USD	Point-in-time
Interest paid	`InterestPaidNet`	$2.55M	USD	2 Qtrs
Interest paid	`InterestPaidNet`	$13.26M	USD	2 Qtrs
Conversion of Brookfield REIT OP units to shares	`NoncashInvestingAndFinancingActivitiesStockIssuedDuringPeriodValueConversionOfUnits`	$284.79M	USD	2 Qtrs
Conversion of Brookfield REIT OP units to shares	`NoncashInvestingAndFinancingActivitiesStockIssuedDuringPeriodValueConversionOfUnits`	-	USD	2 Qtrs
Issuance of Brookfield REIT OP units as consideration for performance fees	`IssuanceOfBrookfieldREITOPUnitsAsConsiderationForAcquisitionsOfRealEstate`	-	USD	2 Qtrs
Issuance of Brookfield REIT OP units as consideration for performance fees	`IssuanceOfBrookfieldREITOPUnitsAsConsiderationForAcquisitionsOfRealEstate`	$2.35M	USD	2 Qtrs
Accrued distributions	`AccruedDistributions`	$828.62K	USD	2 Qtrs
Accrued distributions	`AccruedDistributions`	$3.01M	USD	2 Qtrs
Accrued stockholder servicing fee	`AccruedStockholderServicingFee`	$9.48M	USD	2 Qtrs
Accrued stockholder servicing fee	`AccruedStockholderServicingFee`	$123.88K	USD	2 Qtrs
Distributions reinvested	`DistributionsReinvested`	$2.03M	USD	2 Qtrs
Distributions reinvested	`DistributionsReinvested`	$3.38M	USD	1 Quarter
Distributions reinvested	`DistributionsReinvested`	$5.96M	USD	2 Qtrs
Distributions reinvested	`DistributionsReinvested`	$1.10M	USD	1 Quarter
Management fees paid in shares	`ManagementFeesPaidInShares`	$1.10M	USD	2 Qtrs
Management fees paid in shares	`ManagementFeesPaidInShares`	$2.28M	USD	2 Qtrs
Accrued capital improvements	`CapitalExpendituresIncurredButNotYetPaid`	$45.27K	USD	2 Qtrs
Accrued capital improvements	`CapitalExpendituresIncurredButNotYetPaid`	$44.87K	USD	2 Qtrs
Allocation to redeemable non-controlling interest	`NoncashOrPartNoncashTransactionAllocationToRedeemableNonControllingInterest`	$44.80M	USD	2 Qtrs
Allocation to redeemable non-controlling interest	`NoncashOrPartNoncashTransactionAllocationToRedeemableNonControllingInterest`	-	USD	2 Qtrs
Reinvested distributions to redeemable non-controlling interest	`NoncashOrPartNoncashTransactionReinvestedRedeemableNonControllingInterest`	$7.79M	USD	2 Qtrs
Reinvested distributions to redeemable non-controlling interest	`NoncashOrPartNoncashTransactionReinvestedRedeemableNonControllingInterest`	-	USD	2 Qtrs
Real estate related loan repayment in accounts receivable	`RealEstateRelatedLoanRepaymentInAccountsReceivable`	-	USD	2 Qtrs
Real estate related loan repayment in accounts receivable	`RealEstateRelatedLoanRepaymentInAccountsReceivable`	$199.60K	USD	2 Qtrs
Accrued repurchases in accounts payable	`AccruedRepurchasesInAccountsPayable`	-	USD	2 Qtrs
Accrued repurchases in accounts payable	`AccruedRepurchasesInAccountsPayable`	$4.12M	USD	2 Qtrs
Accrued repurchases in due to affiliates	`RepurchasesDueToAffiliates`	$9.92M	USD	2 Qtrs
Accrued repurchases in due to affiliates	`RepurchasesDueToAffiliates`	-	USD	2 Qtrs

Stockholders Equity 46 line items

Line Item	Tag	Value	Unit	Period
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$194.42M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$230.96M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$297.07M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$190.68M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$769.90M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$193.18M	USD	Point-in-time
Common stock issued	`StockIssuedDuringPeriodValueNewIssues`	$48.03M	USD	1 Quarter
Common stock issued	`StockIssuedDuringPeriodValueNewIssues`	$534.79M	USD	1 Quarter
Common stock issued	`StockIssuedDuringPeriodValueNewIssues`	$632.49M	USD	2 Qtrs
Common stock issued	`StockIssuedDuringPeriodValueNewIssues`	$65.24M	USD	2 Qtrs
Stock-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$80.62K	USD	1 Quarter
Stock-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$17.45K	USD	1 Quarter
Stock-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$80.62K	USD	2 Qtrs
Stock-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$35.31K	USD	2 Qtrs
Distributions reinvested	`DistributionsReinvested`	$2.03M	USD	2 Qtrs
Distributions reinvested	`DistributionsReinvested`	$3.38M	USD	1 Quarter
Distributions reinvested	`DistributionsReinvested`	$5.96M	USD	2 Qtrs
Distributions reinvested	`DistributionsReinvested`	$1.10M	USD	1 Quarter
Contributions from non-controlling interests	`IncreasefromContributions`	$58.06K	USD	2 Qtrs
Contributions from non-controlling interests	`IncreasefromContributions`	$6.09K	USD	1 Quarter
Contributions from non-controlling interests	`IncreasefromContributions`	$32.59K	USD	2 Qtrs
Contributions from non-controlling interests	`IncreasefromContributions`	$26.82K	USD	1 Quarter
Distributions	`DecreaseFromDistributions`	$8.65M	USD	1 Quarter
Distributions	`DecreaseFromDistributions`	$5.24M	USD	2 Qtrs
Distributions	`DecreaseFromDistributions`	$2.67M	USD	1 Quarter
Distributions	`DecreaseFromDistributions`	$13.61M	USD	2 Qtrs
Common stock repurchased	`DecreaseFromRedemptions`	$56.26M	USD	2 Qtrs
Common stock repurchased	`DecreaseFromRedemptions`	$13.52M	USD	1 Quarter
Common stock repurchased	`DecreaseFromRedemptions`	$14.32M	USD	2 Qtrs
Common stock repurchased	`DecreaseFromRedemptions`	$40.46M	USD	1 Quarter
Offering Costs	`AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts`	$12.05M	USD	2 Qtrs
Offering Costs	`AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts`	$5.98M	USD	1 Quarter
Offering Costs	`AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts`	$1.93M	USD	2 Qtrs
Offering Costs	`AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts`	$989.82K	USD	1 Quarter
Net (loss) income	`NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest`	$-2.70M	USD	2 Qtrs
Net (loss) income	`NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest`	$-14.28M	USD	2 Qtrs
Net (loss) income	`NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest`	$-11.82M	USD	1 Quarter
Net (loss) income	`NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest`	$-1.32M	USD	1 Quarter
Allocation to redeemable non-controlling interests	`AllocationToRedeemableNonControllingInterests`	$-25.46M	USD	1 Quarter
Allocation to redeemable non-controlling interests	`AllocationToRedeemableNonControllingInterests`	$-45.36M	USD	2 Qtrs
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$194.42M	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$230.96M	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$297.07M	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$190.68M	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$769.90M	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$193.18M	USD	Point-in-time

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