v3.25.2
Equity and Non-controlling Interest (Tables)
6 Months Ended
Jun. 30, 2025
Equity and Non-controlling Interest  
Schedule of authorized share capital

As of June 30, 2025 and December 31, 2024, the Company had authority to issue 3.1 billion shares of common stock, consisting of the following:

Classification

    

Number of Shares

    

Par Value

Preferred Stock

 

100,000,000

$

0.01

Class T Shares

 

600,000,000

$

0.01

Class S Shares

 

600,000,000

$

0.01

Class D Shares

 

600,000,000

$

0.01

Class I Shares

 

600,000,000

$

0.01

Class E Shares

 

600,000,000

$

0.01

Total

 

3,100,000,000

 

  

Schedule of aggregate distributions declared for each applicable class of common stock

The following table details the movement in the Company’s outstanding shares of common stock for the three and six months ended June 30, 2025:

    

For the three months ended June 30, 2025

    

Class T

    

Class S

    

Class D

    

Class I

    

Class E

    

Total

Beginning balance

 

493

 

493

 

493

 

493

 

20,701

 

22,673

Common stock issued

Distribution reinvestment shares issued

 

6

 

6

 

6

 

6

 

234

 

258

Ending balance

 

499

 

499

 

499

 

499

 

20,935

 

22,931

    

For the six months ended June 30, 2025

    

Class T

    

Class S

    

Class D

    

Class I

    

Class E

    

Total

Beginning balance

 

488

488

488

488

20,491

22,443

Common stock issued

 

Distribution reinvestment shares issued

11

11

11

11

444

488

Ending balance

 

499

499

499

499

20,935

22,931

The following table details the movement in the Company’s outstanding shares of common stock for the three and six months ended June 30, 2024:

    

For the three months ended June 30, 2024

    

Class T

    

Class S

    

Class D

    

Class I

    

Class E

    

Total

Beginning balance

 

476

 

476

 

476

 

476

 

20,000

 

21,904

Common stock issued

 

 

 

 

 

 

Distribution reinvestment shares issued

2

2

2

2

69

77

Ending balance

 

478

 

478

 

478

 

478

 

20,069

 

21,981

    

For the six months ended June 30, 2024

    

Class T

    

Class S

    

Class D

    

Class I

    

Class E

    

Total

Beginning balance

 

 

 

 

 

20,000

 

20,000

Common stock issued

 

476

 

476

 

476

 

476

 

 

1,904

Distribution reinvestment shares issued

2

2

2

2

69

77

Ending balance

 

478

 

478

 

478

 

478

 

20,069

 

21,981

Schedule of movement in outstanding shares of common stock

The following table details the aggregate distributions declared for each applicable class of common stock for the three and six months ended June 30, 2025:

For the three months ending June 30, 2025

    

Class T

    

Class S

    

Class D

    

Class I

    

Class E

Aggregate gross distributions declared per share of common stock

$

0.1176

$

0.1176

$

0.1176

$

0.1176

$

0.1176

Stockholder servicing fee per share of common stock

 

 

 

 

 

Net distributions declared per share of common stock

$

0.1176

$

0.1176

$

0.1176

$

0.1176

$

0.1176

For the six months ending June 30, 2025

    

Class T

    

Class S

    

Class D

    

Class I

    

Class E

Aggregate gross distributions declared per share of common stock

$

0.2326

$

0.2326

$

0.2326

$

0.2326

$

0.2326

Stockholder servicing fee per share of common stock

 

 

 

 

 

Net distributions declared per share of common stock

$

0.2326

$

0.2326

$

0.2326

$

0.2326

$

0.2326

The following table details the aggregate distributions declared for each applicable class of common stock for the three months ended June 30, 2024:

For the three months ending June 30, 2024

    

Class T

    

Class S

    

Class D

    

Class I

    

Class E

Aggregate gross distributions declared per share of common stock

$

0.0732

$

0.0732

$

0.0732

$

0.0732

$

0.0732

Stockholder servicing fee per share of common stock

 

 

 

 

 

Net distributions declared per share of common stock

$

0.0732

$

0.0732

$

0.0732

$

0.0732

$

0.0732