| Schedule of Common Stock, Preferred Stock, and Warrant Investments at Fair Value |
The following table presents the common stock investments as of June 30, 2026 and December 31, 2025, respectively (in thousands, except share amounts):
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Shares |
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Fair Value |
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Investment |
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Investment
Date |
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Property
Type |
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June 30, 2026 |
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December 31, 2025 |
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June 30, 2026 |
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December 31, 2025 |
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Common Stock |
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NexPoint Storage Partners |
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11/6/2020 |
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Self-storage |
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45,404 |
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42,824 |
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$ |
27,378 |
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$ |
24,761 |
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Private REIT |
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4/14/2022 |
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Ground Lease |
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1,394,213 |
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|
1,394,213 |
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$ |
29,292 |
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$ |
24,343 |
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The following table presents Preferred stock and warrant investments, at fair value as of June 30, 2026 and December 31, 2025, respectively (in thousands, except share amounts):
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Shares |
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Fair Value |
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Investment |
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Investment
Date |
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Property
Type |
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June 30, 2026 |
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December 31, 2025 |
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June 30, 2026 |
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December 31, 2025 |
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Interest Rate |
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Maturity Date |
Preferred Stock |
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IQHQ Series D Preferred Stock |
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11/9/2023 |
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Life Science |
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|
18,949 |
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|
18,949 |
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$ |
18,643 |
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$ |
18,617 |
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|
15.50 |
% |
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N/A |
IQHQ Series E Preferred Stock |
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1/2/2025 |
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Life Science |
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|
137,013 |
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|
137,013 |
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|
136,197 |
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136,115 |
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16.50 |
% |
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N/A |
NSP Series G Preferred Stock |
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10/8/2025 |
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Self - Storage |
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3,410 |
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|
3,178 |
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3,391 |
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3,161 |
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15.00 |
% |
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N/A |
Warrants |
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IQHQ, Inc. |
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5/23/2024 |
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Life Science |
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58,906,493 |
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55,584,966 |
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132,540 |
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141,186 |
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N/A |
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N/A |
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