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Distributions (Tables) | 12 Months Ended
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Dec. 31, 2023
Equity [Abstract] |
Schedule of Dividends Declared | The following table presents distributions per share that were declared during the years ended December 31, 2023, 2022 and 2021:
|  | Distributions
Three Months Ended |  | Per Share(1) |  | Amount
2021 |  |  |  |
March 31, 2021 (three record dates) |  | $ | 0.2648 |  |  | $ | 15,029 |
June 30, 2021 (three record dates) |  | 0.2648 |  |  | 15,000 |
September 30, 2021 (three record dates) |  | 0.2648 |  |  | 15,027 |
December 31, 2021 (two record dates) |  | 0.4648 |  |  | 26,474 |
Total distributions for the year ended December 31, 2021 |  | $ | 1.2592 |  |  | $ | 71,530 |
2022 |  |  |  |
March 31, 2022 (one record date) |  | $ | 0.2800 |  |  | $ | 15,948 |
June 30, 2022 (one record date) |  | 0.2800 |  |  | 15,949 |
September 30, 2022 (one record date) |  | 0.3100 |  |  | 17,604 |
December 31, 2022 (two record dates) |  | 0.5800 |  |  | 32,074 |
Total distributions for the year ended December 31, 2022 |  | $ | 1.4500 |  |  | $ | 81,575 |
2023 |  |  |  |
March 31, 2023 (one record date) |  | $ | 0.3400 |  |  | $ | 18,687 |
June 30, 2023 (one record date) |  | 0.3400 |  |  | 18,614 |
September 30, 2023 (two record dates) |  | 0.3900 |  |  | 21,276 |
December 31, 2023 (three record dates) |  | 0.5400 |  |  | 29,290 |
Total distributions for the year ended December 31, 2023 |  | $ | 1.6100 |  |  | $ | 87,867 |
(1) The per share distribution amount for 2021 has been retroactively adjusted to reflect the reverse stock split as discussed in Note 3.
Schedule of Repurchases of Shares | The following table provides information concerning the Company’s purchases of shares of its common stock in the open market during the years ended December 31, 2022 and 2023 pursuant to the New DRP in order to satisfy the reinvestment portion of the Company’s distributions:
Period |  | Total Number of Shares Purchased |  | Average Price Paid per Share |  | Total Number of Shares Purchased as Part of Publicly Announced Plans or Programs |  | Approximate Dollar Value of Shares That May Yet Be Purchased Under Publicly Announced Plans or Programs
2022 |  |  |  |  |  |  |  |
January 1 to January 31, 2022 |  | — |  |  | $ | — |  |  | — |  |  | — |
February 1 to February 28, 2022 |  | — |  |  | — |  |  | — |  |  | — |
March 1 to March 31, 2022 |  | 54,613 |  |  | 14.77 |  |  | 54,613 |  |  | (1) |
April 1 to April 30, 2022 |  | — |  |  | — |  |  | — |  |  | — |
May 1 to May 31, 2022 |  | — |  |  | — |  |  | — |  |  | — |
June 1 to June 30, 2022 |  | 155,800 |  |  | 10.06 |  |  | 155,800 |  |  | (1) |
July 1 to July 31, 2022 |  | — |  |  | — |  |  | — |  |  | — |
August 1 to August 31, 2022 |  | — |  |  | — |  |  | — |  |  | — |
September 1 to September 30, 2022 |  | 207,602 |  |  | 10.14 |  |  | 207,602 |  |  | (1) |
October 1 to October 31, 2022 |  | — |  |  | — |  |  | — |  |  | — |
November 1 to November 30, 2022 |  | — |  |  | — |  |  | — |  |  | — |
December 1 to December 31, 2022 |  | 182,234 |  |  | 10.78 |  |  | 182,234 |  |  | (1) |
Total for the year ended December 31, 2022 |  | 600,249 |  |  | $ | 10.74 |  |  | 600,249 |  |  | (1) |
Period |  | Total Number of Shares Purchased |  | Average Price Paid per Share |  | Total Number of Shares Purchased as Part of Publicly Announced Plans or Programs |  | Approximate Dollar Value of Shares That May Yet Be Purchased Under Publicly Announced Plans or Programs
2023 |  |  |  |  |  |  |  |
January 1 to January 31, 2023 |  | 146,946 |  |  | $ | 11.19 |  |  | 146,946 |  |  | (1)
February 1 to February 28, 2023 |  | — |  |  | — |  |  | — |  |  | — |
March 1 to March 31, 2023 |  | 204,427 |  |  | 9.78 |  |  | 204,427 |  |  | (1)
April 1 to April 30, 2023 |  | — |  |  | — |  |  | — |  |  | — |
May 1 to May 31, 2023 |  | — |  |  | — |  |  | — |  |  | — |
June 1 to June 30, 2023 |  | 174,424 |  |  | 10.71 |  |  | 174,424 |  |  | (1)
July 1 to July 31, 2023 |  | — |  |  | — |  |  | — |  |  | — |
August 1 to August 31, 2023 |  | — |  |  | — |  |  | — |  |  | — |
September 1 to September 30, 2023 |  | 160,383 |  |  | 11.10 |  |  | 160,383 |  |  | (1)
October 1 to October 31, 2023 |  | 25,764 |  |  | 10.30 |  |  | 25,764 |  |  | (1)
November 1 to November 30, 2023 |  | — |  |  | — |  |  | — |  |  | — |
December 1 to December 31, 2023 |  | 139,731 |  |  | 11.66 |  |  | 139,731 |  |  | (1)
Total for the year ended December 31, 2023 |  | 851,675 |  |  | $ | 10.79 |  |  | 851,675 |  |  | (1)
(1) See the description of the New DRP above.
Schedule of Common Stock on Distributions | The following table reflects the sources of distributions on a GAAP basis that the Company has declared on its shares of common stock during the years ended December 31, 2023, 2022 and 2021:
|  | Years Ended December 31,
|  | 2023 |  | 2022 |  | 2021
Source of Distribution |  | Per Share |  | Amount |  | Percentage |  | Per Share |  | Amount |  | Percentage |  | Per Share(1) |  | Amount |  | Percentage
Net investment income |  | $ | 1.6100 |  |  | $ | 87,867 |  |  | 100.0 | % |  | $ | 1.4500 |  |  | $ | 81,575 |  |  | 100.0 | % |  | $ | 1.2592 |  |  | $ | 71,530 |  |  | 100.0 | %
Total distributions |  | $ | 1.6100 |  |  | $ | 87,867 |  |  | 100.0 | % |  | $ | 1.4500 |  |  | $ | 81,575 |  |  | 100.0 | % |  | $ | 1.2592 |  |  | $ | 71,530 |  |  | 100.0 | %
(1) The per share amount for 2021 has been retroactively adjusted to reflect the reverse stock split as discussed in Note 3.

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