Subsequent Events |
6 Months Ended |
|---|---|
Jun. 30, 2026 | |
| Subsequent Events [Abstract] | |
| Subsequent Events | Subsequent Events The Company has evaluated subsequent events through August 7, 2026, the date on which the consolidated financial statements were issued. Stock Issuances: On July 1, 2026, the Company sold 1,145,836 shares for aggregate consideration of $11,195. On August 1, 2026, the Company received proceeds of $16,264 related to an additional share issuance to bring the total consideration the Company has received for stock issuances subsequent to June 30, 2026 to $27,459. Distributions: On July 20, 2026, the Board declared a distribution of $0.068 per share, which was paid on July 29, 2026 to stockholders of record as of July 21, 2026. The total distribution paid was $18,944, $8,359 of which was reinvested pursuant to the Second Amended and Restated DRIP at a NAV per share of $9.77. Share Repurchases: On August 3, 2026, the Company commenced its normal course quarterly tender offer pursuant to the Share Repurchase Program. The Company offered to purchase up to 13,872,183 shares of its issued and outstanding common stock. This amount represents approximately 5.0% of the Company's common stock outstanding as of June 30, 2026. The tender offer is for a price per share equal to the net asset value per share of the Company's common stock on July 31, 2026. The tender offer will expire at 11:59 P.M., Eastern Time, on August 31, 2026, unless otherwise extended. The Company feels comfortable with its current state of liquidity and its liquidity management program. Subsequent to June 30, 2026, the Company has had net capital inflows totaling $35,818, comprised of (i) the issuance of shares in connection with its private offerings of $27,459 and (ii) the issuances of shares under the DRIP of $8,359.
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