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Distributions (Tables)
12 Months Ended
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 EndedPer 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:
PeriodTotal Number of Shares PurchasedAverage Price Paid per ShareTotal Number of Shares Purchased as Part of Publicly Announced Plans or ProgramsApproximate 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, 202254,613 14.77 54,613 (1)
April 1 to April 30, 2022— — — — 
May 1 to May 31, 2022— — — — 
June 1 to June 30, 2022155,800 10.06 155,800 (1)
July 1 to July 31, 2022— — — — 
August 1 to August 31, 2022— — — — 
September 1 to September 30, 2022207,602 10.14 207,602 (1)
October 1 to October 31, 2022— — — — 
November 1 to November 30, 2022— — — — 
December 1 to December 31, 2022182,234 10.78 182,234 (1)
Total for the year ended December 31, 2022600,249 $10.74 600,249 (1)
PeriodTotal Number of Shares PurchasedAverage Price Paid per ShareTotal Number of Shares Purchased as Part of Publicly Announced Plans or ProgramsApproximate Dollar Value of Shares That May Yet Be Purchased Under Publicly Announced Plans or Programs
2023
January 1 to January 31, 2023146,946 $11.19 146,946 (1)
February 1 to February 28, 2023— — — — 
March 1 to March 31, 2023204,427 9.78 204,427 (1)
April 1 to April 30, 2023— — — — 
May 1 to May 31, 2023— — — — 
June 1 to June 30, 2023174,424 10.71 174,424 (1)
July 1 to July 31, 2023— — — — 
August 1 to August 31, 2023— — — — 
September 1 to September 30, 2023160,383 11.10 160,383 (1)
October 1 to October 31, 202325,764 10.30 25,764 (1)
November 1 to November 30, 2023— — — — 
December 1 to December 31, 2023139,731 11.66 139,731 (1)
Total for the year ended December 31, 2023851,675 $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,
202320222021
Source of DistributionPer ShareAmountPercentagePer ShareAmountPercentagePer Share(1)AmountPercentage
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.