v3.25.2
Related Party Transactions (Tables)
 6 Months Ended
Jun. 30, 2025
Related Party Transactions [Abstract]  
Schedule of Related Party Transactions
The following table reconciles the fees incurred in accordance with the management agreement for the three and six months ended June 30, 2025 and June 30, 2024.
For the Three Months Ended June 30,For the Six Months Ended June 30,
2025202420252024
ARMOUR management fees$11,044 $9,807 $21,798 $19,614 
Less management fees waived(1,650)(1,650)(3,300)(3,300)
Total management fee expense$9,394 $8,157 $18,498 $16,314