v3.25.1
Distributions (Tables)
 3 Months Ended
Mar. 31, 2025
Distributions [Abstract]  
Schedule of Distribution of Assets, Liabilities and Stockholders' Equity
The following table shows the Company's cash distributions per share that have been authorized by the Board since the Company's initial public offering to March 31, 2025. From March 5, 2014 (commencement of operations) to December 31, 2015, and during the years ended December 31, 2024, 2023, 2022, 2018 and 2017, distributions represent ordinary income as the Company's earnings equaled or exceeded distributions. Approximately $0.24 per share of the distributions during the year ended December 31, 2016 represented a return of capital. During the years ended December 31, 2021, 2020 and 2019, distributions represent ordinary income and long term capital gains.
Period EndedDate DeclaredRecord DatePayment DatePer Share Amount
March 31, 2014April 3, 2014April 15, 2014April 30, 2014$0.09 
(1)
June 30, 2014May 13, 2014May 30, 2014June 17, 20140.30 
September 30, 2014August 11, 2014August 29, 2014September 16, 20140.32 
December 31, 2014October 27, 2014November 28, 2014December 16, 20140.36 
December 31, 2014December 3, 2014December 22, 2014December 31, 20140.15 
(2)
March 31, 2015March 16, 2015March 26, 2015April 16, 20150.36 
June 30, 2015May 6, 2015May 29, 2015June 16, 20150.36 
September 30, 2015August 11, 2015August 31, 2015September 16, 20150.36 
December 31, 2015November 10, 2015November 30, 2015December 16, 20150.36 
March 31, 2016March 14, 2016March 31, 2016April 15, 20160.36 
June 30, 2016May 9, 2016May 31, 2016June 16, 20160.36 
September 30, 2016August 8, 2016August 31, 2016September 16, 20160.36 
December 31, 2016November 7, 2016November 30, 2016December 16, 20160.36 
March 31, 2017March 13, 2017March 31, 2017April 17, 20170.36 
June 30, 2017May 9, 2017May 31, 2017June 16, 20170.36 
September 30, 2017August 8, 2017August 31, 2017September 15, 20170.36 
December 31, 2017November 6, 2017November 17, 2017December 1, 20170.36 
March 31, 2018March 12, 2018March 23, 2018April 6, 20180.36 
June 30, 2018May 2, 2018May 31, 2018June 15, 20180.36 
September 30, 2018August 1, 2018August 31, 2018September 14, 20180.36 
December 31, 2018October 31, 2018November 30, 2018December 14, 20180.36 
December 31, 2018December 6, 2018December 20, 2018December 28, 20180.10 
(2)
March 31, 2019March 1, 2019March 20, 2019March 29, 20190.36 
June 30, 2019May 1, 2019May 31, 2019June 14, 20190.36 
September 30, 2019July 31, 2019August 30, 2019September 16, 20190.36 
December 31, 2019October 30, 2019November 29, 2019December 16, 20190.36 
March 31, 2020February 28, 2020March 16, 2020March 30, 20200.36 
June 30, 2020April 30, 2020June 16, 2020June 30, 20200.36 
September 30, 2020July 30, 2020August 31, 2020September 15, 20200.36 
December 31, 2020October 29, 2020November 27, 2020December 14, 20200.36 
December 31, 2020December 21, 2020December 31, 2020January 13, 20210.10 
(2)
March 31, 2021February 24, 2021March 15, 2021March 31, 20210.36 
June 30, 2021April 29, 2021June 16, 2021June 30, 20210.36 
September 30, 2021July 28, 2021August 31, 2021September 15, 20210.36 
December 31, 2021October 29, 2021November 30, 2021December 15, 20210.36 
March 31, 2022February 22, 2022March 15, 2022March 31, 20220.36 
June 30, 2022April 28, 2022June 16, 2022June 30, 20220.36 
September 30, 2022July 27, 2022September 15, 2022September 30, 20220.36 
December 31, 2022October 28, 2022December 15, 2022December 30, 20220.37 
December 31, 2022December 9, 2022December 22, 2022December 30, 20220.10 
(2)
March 31, 2023February 21, 2023March 15, 2023March 31, 20230.40 
June 30, 2023April 26, 2023June 15, 2023June 30, 20230.40 
September 30, 2023July 26, 2023September 15, 2023September 29, 20230.40 
December 31, 2023October 26, 2023December 15, 2023December 29, 20230.40 
March 31, 2024February 27, 2024March 14, 2024March 29, 20240.40 
June 30, 2024April 24, 2024June 14, 2024June 28, 20240.40 
September 30, 2024July 31, 2024September 16, 2024September 30, 20240.30 
December 31, 2024October 30, 2024December 13, 2024December 27, 20240.30 
March 31, 2025February 25, 2025March 17, 2025March 31, 20250.30 
Total cash distributions$16.35 
_______________
(1)The amount of this initial distribution reflected a quarterly distribution rate of $0.30 per share, prorated for the 27 days for the period from the pricing of the Company’s initial public offering on March 5, 2014 (commencement of operations) through March 31, 2014.
(2)Represents a special distribution.