v3.25.4
Related Party Transactions (Tables)
12 Months Ended
Dec. 31, 2025
Related Party Transactions [Abstract]  
Summary of Expenses

The following table details the Company's expenses that are due to its Adviser ($ in thousands):

 

 

December 31, 2025

 

 

December 31, 2024

 

Organization and offering

 

$

6,347

 

 

$

7,944

 

General and administrative

 

 

5,834

 

 

 

7,301

 

Management fee payable

 

 

1,167

 

 

 

828

 

Accrued performance participation allocation

 

 

389

 

 

 

443

 

Accrued stockholder servicing fee

 

 

22

 

 

 

15

 

Total

 

$

13,759

 

 

$

16,531