XML 30 R18.htm IDEA: XBRL DOCUMENT
v3.25.3

SUBSEQUENT EVENTS | 9 Months Ended
--- | ---
Sep. 30, 2025
Subsequent Events [Abstract] |
SUBSEQUENT EVENTS | SUBSEQUENT EVENTS Financing Activity Equity Activity—Equity Issuances The following table provides information on equity sales that occurred subsequent to September 30, 2025 (dollars in thousands, except per-share amounts):
Type of Issuance |  | Number of Shares Sold |  | Weighted Average Offering Price Per Share |  | Gross Proceeds |  | Net Proceeds(1)
Common Stock – ATM Program |  | $ | 959,432 |  |  | $ | 9.26 |  |  | $ | 8,884 |  |  | $ | 8,795 |
(1)Net of underwriting discounts and commissions. Distributions On October 14, 2025, our Board of Directors declared the following monthly cash distributions to holders of our preferred and common stock:
Issuance |  | Record Date |  | Payment Date |  | Distribution per Share
Series B Preferred Stock: |  | October 24, 2025 |  | October 31, 2025 |  | $ | 0.125 |
|  | November 17, 2025 |  | November 26, 2025 |  | 0.125 |
|  | December 22, 2025 |  | December 31, 2025 |  | 0.125 |
Total Series B Preferred Stock Distributions: |  | $ | 0.375 |
Series C Preferred Stock: |  | October 24, 2025 |  | October 31, 2025 |  | $ | 0.125 |
|  | November 17, 2025 |  | November 26, 2025 |  | 0.125 |
|  | December 22, 2025 |  | December 31, 2025 |  | 0.125 |
Total Series C Preferred Stock Distributions: |  | $ | 0.375 |
Series D Term Preferred Stock: |  | October 24, 2025 |  | October 31, 2025 |  | $ | 0.104167 |
|  | November 17, 2025 |  | November 26, 2025 |  | 0.104167 |
|  | December 22, 2025 |  | December 31, 2025 |  | 0.104167 |
Total Series D Term Preferred Stock Distributions: |  | $ | 0.312501 |
Series E Preferred Stock: |  | October 27, 2025 |  | November 5, 2025 |  | $ | 0.104167 |
|  | November 25, 2025 |  | December 5, 2025 |  | 0.104167 |
|  | December 29, 2025 |  | January 5, 2026 |  | 0.104167 |
Total Series E Preferred Stock Distributions: |  | $ | 0.312501 |
Common Stock: |  | October 24, 2025 |  | October 31, 2025 |  | $ | 0.0467 |
|  | November 17, 2025 |  | November 26, 2025 |  | 0.0467 |
|  | December 22, 2025 |  | December 31, 2025 |  | 0.0467 |
Total Common Stock Distributions |  | $ | 0.1401 |

X
- References No definition available. + Details
Name: | us-gaap_SubsequentEventsAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for 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, catastrophic loss, significant foreign exchange rate changes, loans to insiders or affiliates, and transactions not in the ordinary course of business. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 855 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/855/tableOfContent Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 855 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147483399/855-10-50-2 + Details
Name: | us-gaap_SubsequentEventsTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration