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Subsequent Events (Tables)
3 Months Ended
Mar. 31, 2020
Subsequent Events [Abstract]  
Summary of New Public Offering Prices and Applicable Upfront Selling Commissions and Dealer Manager Fees
The following table provides the new offering prices and applicable upfront selling commissions and placement agent / dealer manager fees for each share class available in the Public Offering and Class S Private Offering:
 
Class A
 
Class T
 
Class D
 
Class I
 
Class S
Effective April 28, 2020:
 
 
 
 
 
 
 
 
 
Offering Price, Per Share
$
28.74

 
$
27.67

 
$
25.94

 
$
26.55

 
$
28.15

Selling Commissions, Per Share
1.72

 
0.83

 

 

 
0.57

Placement Agent / Dealer Manager Fees, Per Share
0.72

 
0.48

 

 

 
0.42

Schedule of Gross Proceeds
During the period April 1, 2020 through May 13, 2020, the Company received additional net proceeds from its Offerings and its distribution reinvestment plan of:
 
Proceeds from Offerings
 
Distribution Reinvestment Plan
 
Total
Share Class
Shares
 
Gross Proceeds
 
Sales Load
 
Net Proceeds to Company
 
Shares
 
Gross Proceeds
 
Shares
 
Net Proceeds to Company
 
Average Net Proceeds per Share
Class FA
95,551

 
$
2,644,000

 
$
(49,985
)
 
$
2,594,015

 

 
$

 
95,551

 
$
2,594,015

 
$
27.15

Class A
17,080

 
482,000

 
(32,825
)
 
449,175

 
4,333

 
114,601

 
21,413

 
563,776

 
26.33

Class T
78,505

 
2,172,235

 
(103,181
)
 
2,069,054

 
1,098

 
29,188

 
79,603

 
2,098,242

 
26.36

Class D
9,258

 
240,160

 

 
240,160

 
1,452

 
37,988

 
10,710

 
278,148

 
25.97

Class I
40,490

 
1,075,000

 

 
1,075,000

 
3,557

 
95,192

 
44,047

 
1,170,192

 
26.57

Class S
136,334

 
3,819,500

 
(116,112
)
 
3,703,388

 

 

 
136,334

 
3,703,388

 
27.16

 
377,218

 
$
10,432,895

 
$
(302,103
)
 
$
10,130,792

 
10,440

 
$
276,969

 
387,658

 
$
10,407,761

 
$
26.85