Stockholders' Equity (Tables)

9 Months Ended

Sep. 30, 2022

Stockholders' Equity

Schedule of length of time use to calculate repurchase price

Share Purchase Anniversary	Repurchase Price on Repurchase Date
Less than 1 year	No Repurchase Allowed
1 year	92.5% of most recent Estimated Per Share NAV
2 years	95.0% of most recent Estimated Per Share NAV
3 years	97.5% of most recent Estimated Per Share NAV
4 years	100.0% of most recent Estimated Per Share NAV
In the event of a stockholder’s death or disability	100.0% of most recent Estimated Per Share NAV

Schedule of share distributions

During the nine months ended September 30, 2022, the Company’s board of directors authorized the payment of distributions as follows:

	Shares			Amount
Date	Outstanding	Date	Record	Per Share	Distributions
Paid	Date	Authorized	Date	Per Day	K Share		K-I Share		K-T Share		OP Units		Total
2/16/2022	12/31/2021	2/11/2022	2/14/22	$0.001917808	$	694,066	$	230,522	$	10,927	$	22,606	$	958,121
5/6/2022	3/31/2022	4/29/2022	5/2/2022	$0.001917808		681,294		227,492		10,899				919,685
5/11/2022	3/31/2022	4/29/2022	5/2/2022	$0.001917808								22,115		22,115
8/5/2022	6/30/2022	8/1/2022	8/3/2022	$0.001917808		685,440		231,566		11,112		22,360	$	950,478
					$	2,060,800	$	689,580	$	32,938	$	67,081	$	2,850,399

During the nine months ended September 30, 2021, the Company’s board of directors authorized the payment of distributions as follows:

	Shares			Amount
Date	Outstanding	Date	Record	Per Share	Distributions
Paid	Date	Authorized	Date	Per Day	K Share		K-I Share		K-T Share		OP Units		Total
9/24/2021	9/30/2020	9/24/2021	9/24/2021	$0.0013387978	$	409,394	$	78,393	$	5,911	$	—	$	493,698
9/29/2021	12/31/2020	9/24/2021	9/24/2021	$0.0019125683		610,721		116,169		8,422		—	$	735,312
12/23/2021	9/30/2020	9/24/2021	9/24/2021	$0.0019125683								22,544	$	22,544
12/23/2021	12/31/2020	9/24/2021	9/24/2021	$0.0019125683								22,544	$	22,544
					$	1,020,115	$	194,562	$	14,333	$	45,088	$	1,274,098