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Transactions with Related Parties - Additional Information (Details) - USD ($)
1 Months Ended 6 Months Ended
Jul. 20, 2021
Jul. 15, 2021
Nov. 30, 2016
Jun. 30, 2023
Jun. 30, 2022
Dec. 31, 2022
Related Party Transaction [Line Items]            
Proceeds from issuance of common stock       $ 342,000 $ 1,362,000  
Expense Limitation Agreement            
Related Party Transaction [Line Items]            
Annualized ordinary operating expenses of quarter to extent expenses do not exceed average monthly net assets percentage       1.50%    
Annualized basis expense limit percentage       1.50%    
Reimbursement of expenses payable term       3 years    
Waive reimbursement on quarterly basis terms       waive reimbursement of or pay, on a quarterly basis, certain of the Company’s ordinary operating expenses for each class of shares to the extent necessary to ensure that the ordinary operating expenses do not exceed 1.5% of the average monthly net assets on an annualized basis (the “1.5% Expense Limit”). Amounts waived or paid by the Advisor or Sub-Advisor pursuant to the Expense Limitation Agreement are subject to conditional repayment on a quarterly basis by the Company during the three years following the quarter in which the expenses were incurred, but only to the extent such repayment does not cause the Company to exceed its then-current expenses limitation, if any, for such quarter. Any waiver or reimbursement by the Advisor or Sub-Advisor not repaid by the Company within the three-year period will be deemed permanently waived and not subject to repayment under the Expense Limitation Agreement. During the six months ended June 30, 2023, the amounts of ordinary operating expenses either submitted for reimbursement by the Advisor and Sub-Advisor or incurred by the Company directly that were subject to the Expense Limitation Agreement did not exceed the 1.5% Expense Limit.    
Expense Limitation Agreement | Maximum            
Related Party Transaction [Line Items]            
Reimbursement of expenses payable term       3 years    
Class P Common Stock            
Related Party Transaction [Line Items]            
Common stock, shares, issued       8,562,777   8,562,777
Advisor | Class P Common Stock            
Related Party Transaction [Line Items]            
Proceeds from issuance of common stock     $ 1,000,000      
Common stock, shares, issued     40,040      
Common stock, purchase price per share     $ 25.00      
Subscription agreement, minimum number of shares to be held       8,000    
Subscription agreement, value of minimum number of shares to be held       $ 200,000    
Description of subscription agreement       The Advisor has agreed that, for so long as it or its affiliate is serving as the Company’s advisor, (i) it will not sell or transfer at least 8,000 of the Class P shares that it has purchased, accounting for $200 of its investment, to an unaffiliated third party and (ii) repurchase requests made for these Class P shares will only be accepted (a) on the last business day of a calendar quarter, (b) after all repurchase requests from all other stockholders for such quarter have been accepted and (c) to the extent that such repurchases do not cause total repurchases in the quarter in which they are being repurchased to exceed that quarter’s repurchase cap    
Sub-Advisor | Class P Common Stock            
Related Party Transaction [Line Items]            
Proceeds from issuance of common stock     $ 3,000,000      
Common stock, shares, issued     120,000      
Common stock, purchase price per share     $ 25.00      
Description of subscription agreement       Sound Point has agreed that, for so long as the Sub-Advisor or its affiliate is serving as the Company’s sub-advisor, repurchase requests made for these Class P shares will only be accepted (a) on the last business day of a calendar quarter, (b) after all repurchase requests from all other stockholders for such quarter have been accepted and (c) to the extent that such repurchases do not cause total repurchases in the quarter in which they are being repurchased to exceed that quarter’s repurchase cap.    
Inland Real Estate Investment Corporation | Revolving Credit Liquidity Letter Agreements            
Related Party Transaction [Line Items]            
Number of days notice of termination prior to maturity date of agreement 60 days          
Fixed interest rate 6.00%          
Inland Real Estate Investment Corporation | Revolving Credit Liquidity Letter Agreements | Maximum            
Related Party Transaction [Line Items]            
Aggregate principal amount outstanding $ 5,000,000          
Inland Real Estate Investment Corporation | Revolving Credit Liquidity Letter Agreements | Minimum            
Related Party Transaction [Line Items]            
Stockholders equity balance to trigger termination of liquidity letter agreements $ 500,000,000          
Sound Point | Revolving Credit Liquidity Letter Agreements            
Related Party Transaction [Line Items]            
Number of days notice of termination prior to maturity date of agreement   60 days        
Fixed interest rate   6.00%        
Sound Point | Revolving Credit Liquidity Letter Agreements | Maximum            
Related Party Transaction [Line Items]            
Aggregate principal amount outstanding   $ 15,000,000        
Sound Point | Revolving Credit Liquidity Letter Agreements | Minimum            
Related Party Transaction [Line Items]            
Stockholders equity balance to trigger termination of liquidity letter agreements   $ 500,000,000