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Shareholders' Equity (Tables)
 12 Months Ended
Dec. 31, 2024
Stockholders' Equity Note [Abstract]  
Summary of Shares Granted and Vested
A summary of shares awarded, forfeited, vested and unvested under the terms of the 2012 Plan from January 1, 2022 to December 31, 2024 is as follows:
 Number of SharesWeighted Average
Award Date
Fair Value
Unvested shares at December 31, 2021845,620 $4.07 
Shares awarded in 2022847,000 $1.44 
Shares vested / forfeited in 2022(576,620)$3.24 
Unvested shares at December 31, 20221,116,000 $2.50 
Shares awarded in 2023960,000 $2.24 
Shares vested / forfeited in 2023(847,800)$2.53 
Unvested shares at December 31, 20231,228,200 $2.28 
Shares awarded in 20241,141,026 $3.14 
Shares vested / forfeited in 2024(1,049,225)$2.54 
Unvested shares at December 31, 20241,320,001 $2.80 
Summary of Unvested Shares Vesting Schedule
The 1,320,001 unvested shares as of December 31, 2024 are scheduled to vest as follows:
 Unvested Shares
2025461,850
2026384,657
2027297,450
2028176,044
Total1,320,001
Schedule of Dividends Declared and Paid
A summary of cash distributions paid to common shareholders, for federal income tax purposes, are as follows for the periods presented:
Annual PerCharacterization of Distribution
ShareTotalOrdinaryCapitalReturn of
YearDistributionDistributionIncomeGainCapital
2024$0.04 $9,627 — %— %100.0 %
2023$0.04 $9,595 — %— %100.0 %
2022$0.04 $9,568 — %14.0 %86.0 %