v3.26.1
Stockholders' Equity (Tables)
6 Months Ended
Jun. 30, 2026
Equity [Abstract]  
Schedule of Change in Outstanding Shares Including Restricted Common Stock

The following tables detail the change in the Company’s outstanding shares of all classes of common and preferred stock, including restricted common stock:

Preferred Stock

 

Common Stock

 

Six months ended June 30, 2026

Series A

 

Class P

 

Class A

 

Class T

 

Class S

 

Class D

 

Class I

 

Beginning balance

 

3,544,553

 

 

8,562,777

 

 

745,881

 

 

290,345

 

 

 

 

48,015

 

 

472,851

 

Ending balance

 

3,544,553

 

 

8,562,777

 

 

745,881

 

 

290,345

 

 

 

 

48,015

 

 

472,851

 

 

 

Preferred Stock

 

Common Stock

 

Six months ended June 30, 2025

Series A

 

Class P

 

Class A

 

Class T

 

Class S

 

Class D

 

Class I

 

Beginning balance

 

3,544,553

 

 

8,562,777

 

 

745,881

 

 

290,345

 

 

 

 

48,015

 

 

470,980

 

Ending balance

 

3,544,553

 

 

8,562,777

 

 

745,881

 

 

290,345

 

 

 

 

48,015

 

 

470,980

 

 

Schedule of Distributions Declared

The table below presents the aggregate annualized and monthly distributions declared on common stock by record date for all classes of shares since January 1, 2025.

Record date

 

Aggregate annualized gross distribution declared per share

 

 

Aggregate monthly gross distribution declared per share

 

January 31, 2025

 

$

1.2500

 

 

$

0.1042

 

February 28, 2025

 

$

1.2500

 

 

$

0.1042

 

March 31, 2025

 

$

1.2500

 

 

$

0.1042

 

April 30, 2025

 

$

1.2500

 

 

$

0.1042

 

May 31, 2025

 

$

1.2500

 

 

$

0.1042

 

June 30, 2025

 

$

1.2500

 

 

$

0.1042

 

July 31, 2025

 

$

1.2500

 

 

$

0.1042

 

August 31, 2025

 

$

1.2500

 

 

$

0.1042

 

September 30, 2025

 

$

1.2500

 

 

$

0.1042

 

October 31, 2025

 

$

1.2500

 

 

$

0.1042

 

November 30, 2025

 

$

1.2500

 

 

$

0.1042

 

December 31, 2025

 

$

1.2500

 

 

$

0.1042

 

January 31, 2026

 

$

1.2500

 

 

$

0.1042

 

February 28, 2026

 

$

1.2500

 

 

$

0.1042

 

March 31, 2026

 

$

1.2500

 

 

$

0.1042

 

April 30, 2026

 

$

1.2500

 

 

$

0.1042

 

May 31, 2026

 

$

1.2500

 

 

$

0.1042

 

June 30, 2026

 

$

1.2500

 

 

$

0.1042

 

The following table shows the monthly net distribution per share for shares of Class D and Class T common stock since January 1, 2025.

Record date

 

Monthly net distribution declared per share of Class D common stock

 

 

Monthly net distribution declared per share of Class T common stock

 

January 31, 2025

 

$

0.1007

 

 

$

0.0923

 

February 28, 2025

 

$

0.1010

 

 

$

0.0934

 

March 31, 2025

 

$

0.1007

 

 

$

0.0923

 

April 30, 2025

 

$

0.1008

 

 

$

0.0928

 

May 31, 2025

 

$

0.1007

 

 

$

0.0925

 

June 30, 2025

 

$

0.1009

 

 

$

0.0929

 

July 31, 2025

 

$

0.1007

 

 

$

0.0924

 

August 31, 2025

 

$

0.1007

 

 

$

0.0924

 

September 30, 2025

 

$

0.1009

 

 

$

0.0929

 

October 31, 2025

 

$

0.1009

 

 

$

0.0930

 

November 30, 2025

 

$

0.1010

 

 

$

0.0934

 

December 31, 2025

 

$

0.1009

 

 

$

0.0931

 

January 31, 2026

 

$

0.1012

 

 

$

0.0938

 

February 28, 2026

 

$

0.1015

 

 

$

0.0949

 

March 31, 2026

 

$

0.1012

 

 

$

0.0940

 

April 30, 2026

 

$

0.1014

 

 

$

0.0946

 

May 31, 2026

 

$

0.1013

 

 

$

0.0944

 

June 30, 2026

 

$

0.1014

 

 

$

0.0947

 

The tables below present the aggregate distributions declared per share for each applicable class of common stock and preferred stock during the six months ended June 30, 2026 and 2025. The tables exclude distributions declared for any month for a class of shares of stock when there were no shares of that class outstanding on the applicable record date.

 

Preferred Stock

 

Common Stock

 

Six months ended June 30, 2026

Series A

 

Class P

 

Class A

 

Class T

 

Class S

 

Class D

 

Class I

 

Aggregate gross distributions declared per share

$

0.8438

 

$

0.6252

 

$

0.6252

 

$

0.6252

 

$

 

$

0.6252

 

$

0.6252

 

Stockholder servicing fee per share

N/A

 

N/A

 

N/A

 

 

0.0588

 

 

 

 

0.0172

 

N/A

 

Net distributions declared per share

$

0.8438

 

$

0.6252

 

$

0.6252

 

$

0.5664

 

$

 

$

0.6080

 

$

0.6252

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Preferred Stock

 

Common Stock

 

Six months ended June 30, 2025

Series A

 

Class P

 

Class A

 

Class T

 

Class S

 

Class D

 

Class I

 

Aggregate gross distributions declared per share

$

0.8438

 

$

0.6252

 

$

0.6252

 

$

0.6252

 

$

 

$

0.6252

 

$

0.6252

 

Stockholder servicing fee per share

N/A

 

N/A

 

N/A

 

 

0.0690

 

 

 

 

0.0204

 

N/A

 

Net distributions declared per share

$

0.8438

 

$

0.6252

 

$

0.6252

 

$

0.5562

 

$

 

$

0.6048

 

$

0.6252