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Distributions
3 Months Ended
Mar. 31, 2025
Dividends [Abstract]  
Distributions Distributions
The Company’s distributions to stockholders are recorded on the applicable record date. The following table summarizes the distributions declared during the three months ended March 31, 2025 and 2024:
Date
Declared
Record
Date
Payment
Date (1)
Dividend
Type
Amount
Per
Share
Distribution
Declared
Three months ended March 31, 2025:
January 9, 2025January 15, 2025March 31, 2025Regular$0.09 $17,883 
January 9, 2025February 14, 2025March 31, 2025Regular0.09 17,883 
January 9, 2025March 14, 2025March 31, 2025Regular0.09 17,884 
Total distributions declared$0.27 $53,650 
Three months ended March 31, 2024:
January 4, 2024January 16, 2024March 29, 2024Regular$0.09 $11,451 
January 4, 2024February 15, 2024March 29, 2024Regular0.09 11,451 
January 4, 2024March 14, 2024March 29, 2024Regular0.09 11,451 
Total distributions declared$0.27 $34,353 
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(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, 2025 and 2024:
Payment DateNAV
Per Share
DRIP
Shares
Issued
DRIP
Shares
Value
Three months ended March 31, 2025:
March 31, 2025$10.372,292,918$23,777 
Total distributions reinvested2,292,918$23,777 
Payment DateNAV
Per Share
DRIP
Shares
Issued
DRIP
Shares
Value
Three months ended March 31, 2024:
March 29, 2024$10.241,406,628$14,404 
Total distributions reinvested 1,406,628$14,404