Distributions

3 Months Ended

Mar. 31, 2023

Distributions

Distributions

Note 9. Distributions

The Company’s distributions to common stockholders are recorded on the applicable record date. The following table summarizes the distributions declared during the three months ended March 31, 2023 and 2022, respectively.

					Amount
Date	Record		Payment		Per		Distribution
Declared	Date		Date (1)		Share		Declared
Three months ended March 31, 2023:
January 13, 2023		January 17, 2023		March 31, 2023	$	0.09	$	6,217
January 13, 2023		February 15, 2023		March 31, 2023		0.08		6,208
January 13, 2023		March 15, 2023		March 31, 2023		0.08		6,208
Total distributions declared					$	0.25	$	18,633
Three months ended March 31, 2022:
January 4, 2022		January 4, 2022		March 31, 2022	$	0.07	$	2,439
January 4, 2022		February 1, 2022		March 31, 2022		0.07		2,439
January 4, 2022		March 1, 2022		March 31, 2022		0.06		2,435
Total distributions declared					$	0.20	$	7,313

(1) The portion of the Company’s distribution that is to be reinvested pursuant to the DRIP is issued to the Company’s stockholders on the payment date.

The following tables summarize the Company’s distributions reinvested during the three months ended March 31, 2023 and 2022, respectively:

			DRIP	DRIP
	NAV		Shares	Shares
Payment Date	Per Share		Issued	Value
Three months ended March 31, 2023:
March 31, 2023	$	10.13	664,510	$	6,731
Total proceeds			664,510	$	6,731

			DRIP	DRIP
	NAV		Shares	Shares
Payment Date	Per Share		Issued	Value
Three months ended March 31, 2022:
March 31, 2022	$	10.10	217,369	$	2,195
Total proceeds			217,369	$	2,195