v3.26.1
Consolidated Statements of Stockholders' Equity (Unaudited) - USD ($)
Common Stock [Member]
Additional Paid-in Capital [Member]
Retained Earnings [Member]
Total
Balance (in shares) at Dec. 31, 2024 0      
Balance at Dec. 31, 2024 $ 0 $ 0 $ 0 $ 0
Net income $ 0 0 0 0
Private offering, shares (in shares) 8,000      
Private offering, gross $ 8 199,992 0 200,000
Balance (in shares) at Jun. 30, 2025 8,000      
Balance at Jun. 30, 2025 $ 8 199,992 0 200,000
Balance (in shares) at Mar. 31, 2025 8,000      
Balance at Mar. 31, 2025 $ 8 199,992 0 200,000
Net income $ 0 0 0 0
Private offering, shares (in shares) 0      
Private offering, gross $ 0 0 0 0
Balance (in shares) at Jun. 30, 2025 8,000      
Balance at Jun. 30, 2025 $ 8 199,992 0 200,000
Balance (in shares) at Dec. 31, 2025 8,000      
Balance at Dec. 31, 2025 $ 8 199,992 3,150 203,150
Net income $ 0 0 1,206,436 1,206,436
Private offering, shares (in shares) 1,078,710      
Private offering, gross $ 1,079 26,958,371 0 26,959,450
Distributions declared (1) [1] $ 0 0 (837,654) (837,654)
Distribution reinvestment, shares (in shares) 396      
Distribution reinvestment, net $ 0 9,875 0 9,875
Offering costs $ 0 (32,669) 0 (32,669)
Balance (in shares) at Jun. 30, 2026 1,087,106      
Balance at Jun. 30, 2026 $ 1,087 27,135,569 371,932 27,508,588
Balance (in shares) at Mar. 31, 2026 997,967      
Balance at Mar. 31, 2026 $ 998 24,940,188 (58,508) 24,882,678
Net income $ 0 0 940,017 940,017
Private offering, shares (in shares) 88,743      
Private offering, gross $ 89 2,213,411 0 2,213,500
Distributions declared (1) [1] $ 0 0 (509,577) (509,577)
Distribution reinvestment, shares (in shares) 396      
Distribution reinvestment, net $ 0 9,875 0 9,875
Offering costs $ 0 (27,905) 0 (27,905)
Balance (in shares) at Jun. 30, 2026 1,087,106      
Balance at Jun. 30, 2026 $ 1,087 $ 27,135,569 $ 371,932 $ 27,508,588
[1] Distributions declared for the six months ended June 30, 2026 at $0.16667 per share of Class E common stock (the “Class E shares”) and Class FA common stock (the “Class FA shares”) on February 25, 2026, March 26, 2026, April 27, 2026, May 26, 2026 and June 23, 2026.