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Declaration of Distributions
3 Months Ended
Mar. 31, 2023
Dividends [Abstract]  
Declaration of Distributions

Note 13. Declaration of Distributions

On March 23, 2023, our board of directors declared a distribution rate for the month of April 2023 of approximately $0.00164 per day per share on the outstanding shares of common stock payable to Class A and Class T stockholders of record of such shares as shown on our books at the close of business on each day of the period commencing on April 1, 2023 and ending April 30, 2023. Such distributions payable to each stockholder of record during a month will be paid the following month.

On April 26, 2023, our board of directors declared a distribution rate for the month of May 2023 of approximately $0.00164 per day per share on the outstanding shares of common stock payable to Class A and Class T stockholders of record of such shares as shown on our books at the close of business on each day of the period commencing on May 1, 2023 and ending May 31, 2023. Such distributions payable to each stockholder of record during a month will be paid the following month.