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Subsequent Events
12 Months Ended
Dec. 31, 2022
Subsequent Events [Abstract]  
Subsequent Events

12. SUBSEQUENT EVENTS

On March 9, 2023, our Board declared a cash distribution of $0.68 per share of common stock The distribution is payable on March 31, 2023 to stockholders of record at the close of business as of March 20, 2023.

On March 6, 2023, the Board re-approved the Advisory Agreement and the Administration Agreement.

The Company has evaluated events and transactions occurring subsequent to December 31, 2022. Other than as described above, management has determined that there are no other material subsequent events that would require adjustment to, or disclosure in, these consolidated financial statements.