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Subsequent Events (Tables) | 9 Months Ended
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Sep. 30, 2023
Subsequent Events [Abstract] |
Schedule of Subsequent Events | The following table summarizes the Company's distributions paid to stockholders on October 6, 2023, for the period from September 1, 2023 through September 30, 2023 (amounts in thousands):
Payment Date |  | Common Stock |  | Cash |  | DRIP |  | Total Distribution
October 6, 2023 |  | Class A |  | $ | 4,419 |  |  | $ | 1,176 |  |  | $ | 5,595 |
October 6, 2023 |  | Class I |  | 333 |  |  | 222 |  |  | 555 |
October 6, 2023 |  | Class T |  | 750 |  |  | 618 |  |  | 1,368 |
|  |  |  | $ | 5,502 |  |  | $ | 2,016 |  |  | $ | 7,518 |
The following table summarizes the Company's distributions paid to stockholders on November 7, 2023, for the period from October 1, 2023 through October 31, 2023 (amounts in thousands):
Payment Date |  | Common Stock |  | Cash |  | DRIP |  | Total Distribution
November 7, 2023 |  | Class A |  | $ | 4,581 |  |  | $ | 1,205 |  |  | $ | 5,786 |
November 7, 2023 |  | Class I |  | 346 |  |  | 229 |  |  | 575 |
November 7, 2023 |  | Class T |  | 779 |  |  | 637 |  |  | 1,416 |
|  |  |  | $ | 5,706 |  |  | $ | 2,071 |  |  | $ | 7,777 |
Distributions Authorized The following tables summarize the daily distributions approved and authorized by the Board subsequent to September 30, 2023:
Authorization Date (1) |  | Common Stock |  | Daily Distribution Rate (1) |  | Annualized Distribution Per Share
October 17, 2023 |  | Class A |  | $ | 0.00109589 |  |  | $ | 0.40 |
October 17, 2023 |  | Class I |  | $ | 0.00109589 |  |  | $ | 0.40 |
October 17, 2023 |  | Class T |  | $ | 0.00109589 |  |  | $ | 0.40 |
Authorization Date (2) |  | Common Stock |  | Daily Distribution Rate (2) |  | Annualized Distribution Per Share
November 7, 2023 |  | Class A |  | $ | 0.00109589 |  |  | $ | 0.40 |
November 7, 2023 |  | Class I |  | $ | 0.00109589 |  |  | $ | 0.40 |
November 7, 2023 |  | Class T |  | $ | 0.00109589 |  |  | $ | 0.40 |
(1)Distributions approved and authorized to stockholders of record as of the close of business on each day of the period commencing on November 1, 2023 and ending on November 30, 2023. The distributions are calculated based on 365 days in the calendar year. The distributions declared for each record date in November 2023 will be paid in December 2023. The distributions are payable to stockholders from legally available funds therefor. (2)Distributions approved and authorized to stockholders of record as of the close of business on each day of the period commencing on December 1, 2023 and ending on December 31, 2023. The distributions will be calculated based on 365 days in the calendar year. The distributions declared for each record date in December 2023 will be paid in January 2024. The distributions will be payable to stockholders from legally available funds therefor.

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- Definition Tabular disclosure of significant events or transactions that occurred after the balance sheet date through the date the financial statements were issued or the date the financial statements were available to be issued. Examples include: the sale of a capital stock issue, purchase of a business, settlement of litigation, losses resulting from fire or flood, losses on receivables, significant realized and unrealized gains and losses that result from changes in quoted market prices of securities, declines in market prices of inventory, changes in authorized or issued debt (SEC), significant foreign exchange rate changes, substantial loans to insiders or affiliates, significant long-term investments, and substantial dividends not in the ordinary course of business. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 855 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Publisher FASB -URI https://asc.fasb.org//1943274/2147483399/855-10-50-2 + Details
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- References No definition available. + Details
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