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Debt - Schedule of Repurchase Agreements (Details) - USD ($)
Dec. 31, 2022
Dec. 31, 2021
Debt Instrument    
Principal Amount $ 645,795,459 $ 480,151,151
UBS Master Repurchase Agreement    
Debt Instrument    
Principal Amount 68,100,000 67,384,000
Collateral, Carrying Value 69,163,440 68,509,209
Collateral, Fair Value 69,211,505 68,981,995
Borrowings Under Master Repurchase Agreement, Principal Amount 51,050,000 44,569,600
UBS Master Repurchase Agreement | NB Factory TIC 1, LLC    
Debt Instrument    
Principal Amount 28,000,000 28,000,000
Collateral, Carrying Value 28,857,892 28,420,056
Collateral, Fair Value 28,902,234 28,851,547
Borrowings Under Master Repurchase Agreement, Principal Amount $ 18,970,000 18,970,000
UBS Master Repurchase Agreement | NB Factory TIC 1, LLC | LIBOR    
Debt Instrument    
Borrowings Under Master Repurchase Agreement, Interest Rate 1.74%  
UBS Master Repurchase Agreement | NB Factory TIC 1, LLC | LIBOR | Floor rate    
Debt Instrument    
Borrowings Under Master Repurchase Agreement, Interest Rate 0.10%  
UBS Master Repurchase Agreement | Grandview's Madison Place, LLC    
Debt Instrument    
Principal Amount $ 17,000,000  
Collateral, Carrying Value 17,105,928  
Collateral, Fair Value 17,105,928  
Borrowings Under Master Repurchase Agreement, Principal Amount $ 13,600,000  
UBS Master Repurchase Agreement | Grandview's Madison Place, LLC | SOFR    
Debt Instrument    
Borrowings Under Master Repurchase Agreement, Interest Rate 1.965%  
UBS Master Repurchase Agreement | Grandview's Remington Place, LLC    
Debt Instrument    
Principal Amount $ 23,100,000  
Collateral, Carrying Value 23,199,620  
Collateral, Fair Value 23,203,343  
Borrowings Under Master Repurchase Agreement, Principal Amount $ 18,480,000  
UBS Master Repurchase Agreement | Grandview's Remington Place, LLC | SOFR    
Debt Instrument    
Borrowings Under Master Repurchase Agreement, Interest Rate 1.965%  
UBS Master Repurchase Agreement | 14th & Alice Street Owner, LLC    
Debt Instrument    
Principal Amount   39,384,000
Collateral, Carrying Value   40,089,153
Collateral, Fair Value   40,130,448
Borrowings Under Master Repurchase Agreement, Principal Amount   $ 25,599,600
UBS Master Repurchase Agreement | 14th & Alice Street Owner, LLC | LIBOR    
Debt Instrument    
Borrowings Under Master Repurchase Agreement, Interest Rate 1.45%  
UBS Master Repurchase Agreement | 14th & Alice Street Owner, LLC | LIBOR | Floor rate    
Debt Instrument    
Borrowings Under Master Repurchase Agreement, Interest Rate 0.10%  
Uncommitted Master Repurchase Agreement    
Debt Instrument    
Principal Amount $ 167,549,028  
Collateral, Carrying Value 168,692,405  
Collateral, Fair Value 166,891,728  
Borrowings Under Master Repurchase Agreement, Principal Amount 119,826,606  
Uncommitted Master Repurchase Agreement | 14th & Alice Street Owner, LLC    
Debt Instrument    
Borrowings Under Master Repurchase Agreement, Principal Amount 0  
Uncommitted Master Repurchase Agreement | 330 Tryon DE LLC    
Debt Instrument    
Principal Amount 22,800,000  
Collateral, Carrying Value 22,902,215  
Collateral, Fair Value 22,687,235  
Borrowings Under Master Repurchase Agreement, Principal Amount $ 18,240,000  
Uncommitted Master Repurchase Agreement | 330 Tryon DE LLC | SOFR    
Debt Instrument    
Borrowings Under Master Repurchase Agreement, Interest Rate 2.015%  
Uncommitted Master Repurchase Agreement | 330 Tryon DE LLC | SOFR | Floor rate    
Debt Instrument    
Borrowings Under Master Repurchase Agreement, Interest Rate 0.01%  
Uncommitted Master Repurchase Agreement | 1389 Peachtree St, LP; 1401 Peachtree St, LP; and 1409 Peachtree St, LP    
Debt Instrument    
Principal Amount $ 57,184,178  
Collateral, Carrying Value 57,453,482  
Collateral, Fair Value 56,844,322  
Borrowings Under Master Repurchase Agreement, Principal Amount $ 41,587,275  
Uncommitted Master Repurchase Agreement | 1389 Peachtree St, LP; 1401 Peachtree St, LP; and 1409 Peachtree St, LP | SOFR    
Debt Instrument    
Borrowings Under Master Repurchase Agreement, Interest Rate 2.465%  
Uncommitted Master Repurchase Agreement | AGRE DCP Palm Springs, LLC    
Debt Instrument    
Principal Amount $ 43,222,382  
Collateral, Carrying Value 43,758,804  
Collateral, Fair Value 43,062,933  
Borrowings Under Master Repurchase Agreement, Principal Amount $ 28,094,548  
Uncommitted Master Repurchase Agreement | AGRE DCP Palm Springs, LLC | SOFR    
Debt Instrument    
Borrowings Under Master Repurchase Agreement, Interest Rate 1.315%  
Uncommitted Master Repurchase Agreement | AGRE DCP Palm Springs, LLC | SOFR | Floor rate    
Debt Instrument    
Borrowings Under Master Repurchase Agreement, Interest Rate 1.80%  
Uncommitted Master Repurchase Agreement | Patrick Henry Recovery Acquisition, LLC    
Debt Instrument    
Principal Amount $ 18,000,000  
Collateral, Carrying Value 18,041,782  
Collateral, Fair Value 17,824,300  
Borrowings Under Master Repurchase Agreement, Principal Amount $ 14,400,000  
Uncommitted Master Repurchase Agreement | Patrick Henry Recovery Acquisition, LLC | SOFR    
Debt Instrument    
Borrowings Under Master Repurchase Agreement, Interest Rate 0.865%  
Uncommitted Master Repurchase Agreement | Patrick Henry Recovery Acquisition, LLC | SOFR | Floor rate    
Debt Instrument    
Borrowings Under Master Repurchase Agreement, Interest Rate 1.50%  
Uncommitted Master Repurchase Agreement | University Park Berkeley, LLC    
Debt Instrument    
Principal Amount $ 26,342,468  
Collateral, Carrying Value 26,536,122  
Collateral, Fair Value 26,472,938  
Borrowings Under Master Repurchase Agreement, Principal Amount $ 17,504,783  
Uncommitted Master Repurchase Agreement | University Park Berkeley, LLC | SOFR    
Debt Instrument    
Borrowings Under Master Repurchase Agreement, Interest Rate 1.365%  
Uncommitted Master Repurchase Agreement | University Park Berkeley, LLC | SOFR | Floor rate    
Debt Instrument    
Borrowings Under Master Repurchase Agreement, Interest Rate 1.50%