| Schedule of Earnings Per Share, Basic, by Common Class, Including Two Class Method |
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For the Three Months March 31, 2026 |
|
Net loss available to common shareholders |
|
$ |
(2,959 |
) |
Management fees |
|
|
2,173 |
|
Performance participation allocation |
|
|
4,068 |
|
Gross distributions declared on common shares(1) |
|
|
(21,818 |
) |
Undistributed deficit |
|
$ |
(18,536 |
) |
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For the Three Months Ended March 31, 2026 |
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|
Class S |
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|
Class F-S |
|
|
Class I |
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|
Class F-I |
|
|
Class E |
|
|
Total |
|
Undistributed deficit |
|
$ |
(4,340 |
) |
|
$ |
(5,893 |
) |
|
$ |
(2,655 |
) |
|
$ |
(3,495 |
) |
|
$ |
(2,153 |
) |
|
$ |
(18,536 |
) |
Management fees |
|
|
(879 |
) |
|
|
(478 |
) |
|
|
(532 |
) |
|
|
(284 |
) |
|
|
— |
|
|
|
(2,173 |
) |
Performance participation allocation |
|
|
(1,051 |
) |
|
|
(1,493 |
) |
|
|
(634 |
) |
|
|
(890 |
) |
|
|
— |
|
|
|
(4,068 |
) |
Gross distributions declared on common shares(1) |
|
|
4,691 |
|
|
|
7,012 |
|
|
|
2,839 |
|
|
|
4,165 |
|
|
|
3,111 |
|
|
|
21,818 |
|
Net income (loss) avilable to common shareholders: |
|
$ |
(1,579 |
) |
|
$ |
(852 |
) |
|
$ |
(982 |
) |
|
$ |
(504 |
) |
|
$ |
958 |
|
|
$ |
(2,959 |
) |
Weighted-average shares outstanding |
|
|
13,556,971 |
|
|
|
18,408,828 |
|
|
|
8,294,282 |
|
|
|
10,916,453 |
|
|
|
6,724,368 |
|
|
|
57,900,901 |
|
Net income (loss) per common share, basic and diluted |
|
$ |
(0.12 |
) |
|
$ |
(0.05 |
) |
|
$ |
(0.12 |
) |
|
$ |
(0.05 |
) |
|
$ |
0.14 |
|
|
$ |
(0.05 |
) |
(1)Includes shareholder servicing fees paid or payable during the period.
|
| Reconciliation of Basic Earnings Per Share to Diluted Earnings Per Share for Class E Common Shares |
Below is a reconciliation of basic earnings per share to diluted earnings per share for Class E common shares:
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Basic Earnings per Share |
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|
Dilution Effect |
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|
Diluted Earnings per Share |
|
Net income (loss): |
$ |
958 |
|
|
$ |
(1 |
) |
|
$ |
957 |
|
Weighted-average shares outstanding |
|
6,724,368 |
|
|
|
25,000 |
|
|
|
6,749,368 |
|
Net income (loss) per common share, basic and diluted |
$ |
0.14 |
|
|
$ |
(0.04 |
) |
|
$ |
0.14 |
|
|