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Capital Transactions (Tables)
9 Months Ended
Sep. 30, 2023
Equity [Abstract]  
Distributions Declared
The following table summarizes distributions declared and paid for the nine months ended September 30, 2023 and 2022:
Date DeclaredRecord DatePayment DateAmount
Per Share
Cash
Distribution
DRIP Shares
Issued
DRIP Shares
Value
Nine Months Ended September 30, 2022
March 1, 2022March 24, 2022March 31, 2022$0.28 $3,719 3,016 $39 
May 3, 2022June 23, 2022June 30, 20220.293,850 4,348 43
August 2, 2022September 23, 2022September 30, 20220.293,849 5,529 46
$0.86 $11,418 12,893 $128 
Nine Months Ended September 30, 2023
February 28, 2023March 24, 2023March 31, 2023$0.33 $4,421 — $— 
(1)
May 2, 2023June 23, 2023June 30, 20230.33 4,422 — — 
(1)
August 1, 2023September 22, 2023September 29, 20230.34 4,555 — — 
(1)
$1.00 $13,398 — $— 
(1) During the nine months ended September 30, 2023, the Company directed the DRIP plan administrator to purchase shares on the open market in order to satisfy the DRIP obligation to deliver shares of common stock. Accordingly, the Company purchased shares to satisfy the DRIP obligation as follows:
Nine Months Ended September 30, 2023Number of Shares PurchasedAverage Price Paid Per ShareTotal Amount Paid
January 1, 2023 through March 31, 20235,096$10.43 $53 
April 1, 2023 through June 30, 20235,82310.06 59 
July 1, 2023 through September 30, 20238,00711.22 90 
Schedule Of Share Repurchases
The following table summarizes shares of common stock repurchased under the Stock Repurchase Program during the nine months ended September 30, 2023 and September 30, 2022, respectively:
Period
Total Number
of Shares Purchased
Cost of Shares PurchasedAverage Price Paid Per ShareWeighted Average Discount to NAV Prior to Repurchases
Nine Months Ended September 30, 2022
January 1, 2022 through March 31, 2022— $— $— n/a
April 1, 2022 through June 30, 2022— — — n/a
July 1, 2022 through September 30, 202228,335 231 8.14 44.2 %
Nine Months Ended September 30, 2023
January 1, 2023 through March 31, 2023— $— $— n/a
April 1, 2023 through June 30, 2023— — — n/a
July 1, 2023 through September 30, 2023— — — n/a