v3.26.1
Redeemable Common Stock - Related Party (Tables)
 6 Months Ended
Jun. 30, 2026
Temporary Equity Disclosure [Abstract]  
Schedule of Stock by Class
The following tables summarize the changes in redeemable common stock for the six months ended June 30, 2026 and 2025:
$ in thousandsClass S Redeemable Common StockClass D Redeemable Common StockClass I Redeemable Common StockClass E Redeemable Common StockTotal Redeemable Common Stock
Balance as of December 31, 2025$30,027 $30,027 $30,023 $37,614 $127,691 
Issuance of redeemable common stock— — — 6,804 6,804 
Repurchase of redeemable common stock— — — (2,848)(2,848)
Adjustment to carrying value of redeemable common stock— — — 100 100 
Balance as of March 31, 2026$30,027 $30,027 $30,023 $41,670 $131,747 
Issuance of redeemable common stock7,500 7,500 7,500 9,718 32,218 
Repurchase of redeemable common stock— — — (1,074)(1,074)
Adjustment to carrying value of redeemable common stock21 21 22 369 433 
Balance as of June 30, 2026$37,548 $37,548 $37,545 $50,683 $163,324 
$ in thousandsClass S Redeemable Common SharesClass D Redeemable Common SharesClass I Redeemable Common SharesClass E Redeemable Common SharesTotal Redeemable Common Stock
Balance as of December 31, 2024$37,554 $37,554 $37,565 $38,694 $151,367 
Issuance of redeemable common stock— — — 2,814 2,814 
Repurchase of redeemable common stock(7,500)(7,500)(7,500)(7,500)(30,000)
Adjustment to carrying value of redeemable common stock(4)(5)(1)170 160 
Balance as of March 31, 2025$30,050 $30,049 $30,064 $34,178 $124,341 
Issuance of redeemable common stock— — — 1,062 1,062 
Repurchase of redeemable common stock— — — (148)(148)
Adjustment to carrying value of redeemable common stock(23)(22)(39)29 (55)
Balance as of June 30, 2025$30,027 $30,027 $30,025 $35,121 $125,200 
The following tables summarize the changes in our outstanding shares of redeemable common stock shares for the six months ended June 30, 2026 and 2025:
Class S Redeemable Common
Shares		Class D Redeemable Common
Shares		Class I Redeemable Common
Shares		Class E Redeemable Common
Shares		Total Redeemable Common Stock
Outstanding Shares as of December 31, 20251,196,923 1,197,628 1,194,434 1,459,524 5,048,509 
Issuance of redeemable common stock — — — 264,024 264,024 
Repurchase of redeemable common stock— — — (110,485)(110,485)
Outstanding Shares as of March 31, 20261,196,923 1,197,628 1,194,434 1,613,063 5,202,048 
Issuance of redeemable common stock301,575 301,859 300,693 376,190 1,280,317 
Repurchase of redeemable common stock— — — (41,491)(41,491)
Outstanding Shares as of June 30, 20261,498,498 1,499,487 1,495,127 1,947,762 6,440,874 
Class S Redeemable Common SharesClass D Redeemable Common SharesClass I Redeemable Common SharesClass E Redeemable Common SharesTotal Redeemable Common Stock
Outstanding Shares as of December 31, 20241,496,143 1,497,041 1,492,906 1,519,133 6,005,223 
Issuance of redeemable common stock— — — 110,485 110,485 
Repurchase of redeemable common stock(299,220)(299,413)(298,472)(293,940)(1,191,045)
Outstanding Shares as of March 31, 20251,196,923 1,197,628 1,194,434 1,335,678 4,924,663 
Issuance of redeemable common stock— — — 41,491 41,491 
Repurchase of redeemable common stock— — — (5,792)(5,792)
Outstanding Shares as of June 30, 20251,196,923 1,197,628 1,194,434 1,371,377 4,960,362