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Equity and Redeemable Non-controlling Interest (Tables)
 9 Months Ended
Sep. 30, 2024
Equity [Abstract]  
Schedule of Outstanding Shares of Common Stock
The following tables detail the movement in the Company’s outstanding shares of common stock:
Nine Months Ended September 30, 2024
Class T
Shares		Class S
Shares		Class D
Shares		Class I
Shares		Class E
Shares		Class N
Shares		Total
Balance at December 31, 2023613,405 528,268 832,598 4,332,740 1,190,589 13,783,204 21,280,804 
Issuance of common stock7,631 115,782 32,613 371,514 15,742 — 543,282 
Common stock repurchased(226)— (262)(242,673)(15,463)— (258,624)
Distribution reinvestment1,985 1,615 3,677 5,690 2,506 164,658 180,131 
Balance at March 31, 2024622,795 645,665 868,626 4,467,271 1,193,374 13,947,862 21,745,593 
Issuance of common stock3,665 32,743 11,187 379,827 16,418 — 443,840 
Common stock repurchased(257)— (18,190)(252,147)(8,542)— (279,136)
Exchange of common stock— — — (574)547 — (27)
Distribution reinvestment2,065 2,806 3,852 6,686 2,512 169,005 186,926 
Balance at June 30, 2024628,268 681,214 865,475 4,601,063 1,204,309 14,116,867 22,097,196 
Issuance of common stock1,721 43,634 7,599 245,305 21,750 — 320,009 
Common stock repurchased(3,485)(16,467)(5,997)(230,174)(15,383)— (271,506)
Distribution reinvestment2,047 3,166 3,839 7,443 2,522 172,736 191,753 
Balance at September 30, 2024628,551 711,547 870,916 4,623,637 1,213,198 14,289,603 22,337,452 

Nine Months Ended September 30, 2023
Class T
Shares		Class S
Shares		Class D
Shares		Class I
Shares		Class E
Shares		Class N
Shares		Total
Balance at December 31, 2022449,680 351,856 604,538 3,764,505 1,827,018 13,523,324 20,520,921 
Issuance of common stock83,872 — 53,224 265,404 13,601 — 416,101 
Common stock repurchased— — — — (401,116)— (401,116)
Distribution reinvestment474 — 1,133 4,436 2,430 — 8,473 
Balance at March 31, 2023534,026 351,856 658,895 4,034,345 1,441,933 13,523,324 20,544,379 
Issuance of common stock36,963 13,951 93,684 235,524 15,596 — 395,718 
Common stock repurchased— — — (39,210)(284,496)— (323,706)
Distribution reinvestment1,193 — 1,938 4,846 2,543 — 10,520 
Balance at June 30, 2023572,182 365,807 754,517 4,235,505 1,175,576 13,523,324 20,626,911 
Issuance of common stock18,462 96,942 34,096 408,889 14,796 — 573,185 
Common stock repurchased(503)— (1,373)(221,839)(5,640)— (229,355)
Distribution reinvestment1,600 195 2,486 4,109 2,624 102,368 113,382 
Balance at September 30, 2023591,741 462,944 789,726 4,426,664 1,187,356 13,625,692 21,084,123 
Schedule of Aggregate Distributions Declared
The following tables detail the aggregate distributions declared per share for each applicable class of stock for the three and nine months ended September 30, 2024 and 2023:
Three Months Ended September 30, 2024
Series A
Preferred Stock		Class T
Common Stock		Class S
Common Stock		Class D
Common Stock		Class I
Common Stock		Class E
Common Stock		Class N
Common Stock
Aggregate distributions declared per share$— $0.4170 $0.4170 $0.4170 $0.4170 $0.4170 $0.4170 
Stockholder servicing fee per share(1)
— (0.0259)(0.0295)(0.0103)— — — 
Net distributions declared per share$— $0.3911 $0.3875 $0.4067 $0.4170 $0.4170 $0.4170 
Three Months Ended September 30, 2023
Series A
Preferred Stock		Class T
Common Stock		Class S
Common Stock		Class D
Common Stock		Class I
Common Stock		Class E
Common Stock		Class N
Common Stock
Aggregate distributions declared per share$— $0.4170 $0.4170 $0.4170 $0.4170 $0.4170 $0.4170 
Stockholder servicing fee per share(1)
— (0.0255)(0.0101)(0.0102)— — — 
Net distributions declared per share$— $0.3915 $0.4069 $0.4068 $0.4170 $0.4170 $0.4170 
Nine Months Ended September 30, 2024
Series A
Preferred Stock		Class T
Common Stock		Class S
Common Stock		Class D
Common Stock		Class I
Common Stock		Class E
Common Stock		Class N
Common Stock
Aggregate distributions declared per share$31.2500 $1.2507 $1.2507 $1.2507 $1.2507 $1.2507 $1.2507 
Stockholder servicing fee per share(1)
— (0.0774)(0.0806)(0.0310)— — — 
Net distributions declared per share$31.2500 $1.1733 $1.1701 $1.2197 $1.2507 $1.2507 $1.2507 
Nine Months Ended September 30, 2023
Series A
Preferred Stock		Class T
Common Stock		Class S
Common Stock		Class D
Common Stock		Class I
Common Stock		Class E
Common Stock		Class N
Common Stock
Aggregate distributions declared per share$31.2500 $1.2487 $1.2487 $1.2487 $1.2487 $1.2487 $1.2487 
Stockholder servicing fee per share(1)
— (0.0684)(0.0109)(0.0285)— — — 
Net distributions declared per share$31.2500 $1.1803 $1.2378 $1.2202 $1.2487 $1.2487 $1.2487 
(1)See Note 16 — “Related Party Transactions” for a discussion of our stockholder servicing fee.
Schedule of Noncontrolling Interest
The following table details the non-controlling interest activity related to the Special Limited Partner:
Three Months Ended September 30,Nine Months Ended September 30,
in thousands2024202320242023
Net loss allocated$(15)$(11)$(57)$(43)
Distributions$47 $94 $177 $267 
Adjustment to carrying value $15 $(73)$96 $514