v3.26.1
Equity and Noncontrolling Interests (Tables)
 6 Months Ended
Jun. 30, 2026
Shareholder's Equity  
Schedule of Changes in the Companies Common Shares

The following table details the change in the Company’s common shares:

 

 

Three Months Ended June 30, 2026

 

 

 

Class A

 

 

Class F

 

 

Class I

 

 

Class E

 

 

Total

 

March 31, 2026

 

 

9,159,016

 

 

 

11,674,001

 

 

 

8,549,336

 

 

 

6,715,822

 

 

 

36,098,175

 

Common shares issued

 

 

—

 

 

 

46,786

 

 

 

2,276,266

 

 

 

55,435

 

 

 

2,378,487

 

Distribution reinvestment

 

 

—

 

 

 

27,528

 

 

 

57,484

 

 

 

—

 

 

 

85,012

 

Common shares repurchased

 

 

—

 

 

 

—

 

 

 

(149,701

)

 

 

(54,256

)

 

 

(203,957

)

June 30, 2026

 

 

9,159,016

 

 

 

11,748,315

 

 

 

10,733,385

 

 

 

6,717,001

 

 

 

38,357,717

 

 

 

 

Three Months Ended June 30, 2025

 

 

 

Class A

 

 

Class F

 

 

Class I

 

 

Class E

 

 

Total

 

March 31, 2025

 

 

9,080,439

 

 

 

11,253,660

 

 

 

138,608

 

 

 

6,712,132

 

 

 

27,184,839

 

Common shares issued

 

 

73,590

 

 

 

23,724

 

 

 

1,169,247

 

 

 

—

 

 

 

1,266,561

 

Distribution reinvestment

 

 

—

 

 

 

1,291

 

 

 

172

 

 

 

—

 

 

 

1,463

 

June 30, 2025

 

 

9,154,029

 

 

 

11,278,675

 

 

 

1,308,027

 

 

 

6,712,132

 

 

 

28,452,863

 

 

 

 

Six Months Ended June 30, 2026

 

 

 

Class A

 

 

Class F

 

 

Class I

 

 

Class E

 

 

Total

 

December 31, 2025

 

 

9,159,016

 

 

 

11,565,231

 

 

 

4,673,018

 

 

 

6,712,132

 

 

 

32,109,397

 

Common shares issued

 

 

—

 

 

 

127,463

 

 

 

6,118,359

 

 

 

59,125

 

 

 

6,304,947

 

Distribution reinvestment

 

 

—

 

 

 

55,621

 

 

 

91,709

 

 

 

—

 

 

 

147,330

 

Common shares repurchased

 

 

—

 

 

 

—

 

 

 

(149,701

)

 

 

(54,256

)

 

 

(203,957

)

June 30, 2026

 

 

9,159,016

 

 

 

11,748,315

 

 

 

10,733,385

 

 

 

6,717,001

 

 

 

38,357,717

 

 

 

Six Months Ended June 30, 2025

 

 

 

Class A

 

 

Class F

 

 

Class I

 

 

Class E

 

 

Total

 

December 31, 2024

 

 

831,571

 

 

 

6,287,642

 

 

 

—

 

 

 

20,188,521

 

 

 

27,307,734

 

Common shares issued

 

 

8,331,806

 

 

 

4,989,742

 

 

 

1,307,855

 

 

 

42,501

 

 

 

14,671,904

 

Distribution reinvestment

 

 

—

 

 

 

1,291

 

 

 

172

 

 

 

—

 

 

 

1,463

 

Common shares repurchased

 

 

(9,348

)

 

 

—

 

 

 

—

 

 

 

(13,518,890

)

 

 

(13,528,238

)

June 30, 2025

 

 

9,154,029

 

 

 

11,278,675

 

 

 

1,308,027

 

 

 

6,712,132

 

 

 

28,452,863

 

 
Schedule of Aggregate Distributions Declared for Each Share Class

The following table details the aggregate distributions declared for each share class for the three and six months ended June 30, 2026 and 2025:

 

Three Months Ended June 30, 2026

 

 

Gross
Distribution

 

 

Shareholder
Servicing Fee

 

 

Management
Fee (1)

 

 

Net
Distribution

 

Class A Common Shares

 

$

0.4638

 

 

$

—

 

 

$

0.0507

 

 

$

0.4131

 

Class F Common Shares

 

$

0.4638

 

 

$

—

 

 

$

0.0507

 

 

$

0.4131

 

Class I Common Shares

 

$

0.4638

 

 

$

—

 

 

$

0.0630

 

 

$

0.4008

 

Class E Common Shares

 

$

0.4638

 

 

$

—

 

 

$

—

 

 

$

0.4638

 

 

 

 

Three Months Ended June 30, 2025

 

 

 

Gross
Distribution

 

 

Shareholder
Servicing Fee

 

 

Management
Fee (1)

 

 

Net
Distribution

 

Class A Common Shares

 

$

0.4008

 

 

$

—

 

 

$

—

 

 

$

0.4008

 

Class F Common Shares

 

$

0.4008

 

 

$

—

 

 

$

—

 

 

$

0.4008

 

Class I Common Shares

 

$

0.4008

 

 

$

—

 

 

$

—

 

 

$

0.4008

 

Class E Common Shares

 

$

0.4008

 

 

$

—

 

 

$

—

 

 

$

0.4008

 

 

 

Six Months Ended June 30, 2026

 

 

Gross
Distribution

 

 

Shareholder
Servicing Fee

 

 

Management
Fee (1)

 

 

Net
Distribution

 

Class A Common Shares

 

$

0.9276

 

 

$

—

 

 

$

0.1014

 

 

$

0.8262

 

Class F Common Shares

 

$

0.9276

 

 

$

—

 

 

$

0.1014

 

 

$

0.8262

 

Class I Common Shares

 

$

0.9276

 

 

$

—

 

 

$

0.1260

 

 

$

0.8016

 

Class E Common Shares

 

$

0.9276

 

 

$

—

 

 

$

—

 

 

$

0.9276

 

 

 

Six Months Ended June 30, 2025

 

 

 

Gross
Distribution

 

 

Shareholder
Servicing Fee

 

 

Management
Fee (1)

 

 

Net
Distribution

 

Class A Common Shares

 

$

0.8007

 

 

$

—

 

 

$

—

 

 

$

0.8007

 

Class F Common Shares

 

$

0.8007

 

 

$

—

 

 

$

—

 

 

$

0.8007

 

Class I Common Shares

 

$

0.8007

 

 

$

—

 

 

$

—

 

 

$

0.8007

 

Class E Common Shares

 

$

0.8007

 

 

$

—

 

 

$

—

 

 

$

0.8007