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Share Transactions (Tables) | 9 Months Ended
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Sep. 30, 2022
Equity [Abstract] |
Schedule of Stockholders Equity | The following table summarizes transactions with respect to shares of the Company’s outstanding common stock during the nine months ended September 30, 2022 and 2021 and the year ended December 31, 2021:
| Nine Months Ended September 30, |  | Year Ended December 31,
| 2022 |  | 2021 |  | 2021
| Shares |  | Amount |  | Shares |  | Amount |  | Shares |  | Amount
Gross shares/proceeds from the offering | — |  |  | $ | — |  |  | — |  |  | $ | — |  |  | — |  |  | $ | — |
Reinvestment of distributions | — |  |  | — |  |  | 970,223 |  |  | 15,489 |  |  | 970,223 |  |  | 15,489 |
Total gross shares/proceeds | — |  |  | — |  |  | 970,223 |  |  | 15,489 |  |  | 970,223 |  |  | 15,489 |
Sales commissions and dealer manager fees | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
Net shares/proceeds | — |  |  | — |  |  | 970,223 |  |  | 15,489 |  |  | 970,223 |  |  | 15,489 |
Share repurchase program | (695,476) |  |  | (6,711) |  |  | (658,650) |  |  | (10,467) |  |  | (658,650) |  |  | (10,467) |
Net shares/proceeds from share transactions | (695,476) |  |  | $ | (6,711) |  |  | 311,573 |  |  | $ | 5,022 |  |  | 311,573 |  |  | $ | 5,022 |
The following table summarizes the share repurchases completed during the year ended December 31, 2021 and the nine months ended September 30, 2022:
Three Months Ended |  | Repurchase Date |  | Shares Repurchased(1) |  | Percentage of Shares Tendered That Were Repurchased |  | Repurchase Price Per Share(1) |  | Aggregate Consideration for Repurchased Shares
2021 |  |  |  |  |  |  |  |  |  |
March 31, 2021 |  | March 24, 2021 |  | 337,731 |  |  | 6% |  | $ | 15.67 |  |  | $ | 5,291 |
June 30, 2021 |  | June 23, 2021 |  | 320,127 |  |  | 7% |  | 16.13 |  |  | 5,163 |
September 30, 2021(2) |  | N/A |  | 792 |  |  | N/A |  | 16.13 |  |  | 13 |
December 31, 2021 |  | N/A |  | — |  |  | N/A |  | N/A |  | — |
Total for the year ended December 31, 2021 |  | 658,650 |  |  |  |  |  |  | $ | 10,467 |
2022 |  |  |  |  |  |  |  |  |  |
March 31, 2022 |  | N/A |  | — |  |  | N/A |  | N/A |  | $ | — |
June 30, 2022 |  | N/A |  | — |  |  | N/A |  | N/A |  | — |
September 30, 2022 |  | N/A |  | 695,476 |  |  | N/A |  | 9.65 |  |  | 6,711 |
Total for the year ended December 31, 2022 |  | 695,476 |  |  |  |  |  |  | $ | 6,711 |
(1)Shares repurchased and repurchase price per share have been retroactively adjusted to reflect the two to one reverse stock split as discussed in this Note 3. (2)Represents an adjustment made during the three months ended September 30, 2021 to shares repurchased during the three months ended June 30, 2021. The Company suspended its share repurchase program on July 30, 2021 as discussed in this Note 3.

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- Definition Tabular disclosure of changes in the separate accounts comprising stockholders' equity (in addition to retained earnings) and of the changes in the number of shares of equity securities during at least the most recent annual fiscal period and any subsequent interim period presented is required to make the financial statements sufficiently informative if both financial position and results of operations are presented. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 2 -URI https://asc.fasb.org/extlink&oid=126973232&loc=d3e21463-112644 + Details
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