Discretionary Repurchase of Shares of Common Stock and Distributions (Tables)

3 Months Ended

Mar. 31, 2024

Discretionary Repurchase of Shares of Common Stock and Distributions [Abstract]

Shares of Common Stock Purchased

The following tables summarize the repurchase of shares for the three months ended March 31, 2024 and 2023.

Quarter Ended	Purchase Price			Shares Repurchased		Amount Paid in Cash
Stock repurchased in connection with tender offer
March 29, 2024		$	25.10		192,187.05		$	4,823,944
Total					192,187.05		$	4,823,944

Quarter Ended	Purchase Price			Shares Repurchased		Amount Paid in Cash
Stock repurchased in connection with tender offer
December 31, 2022*		$	25.21		108,930.54		$	2,746,138
March 31, 2023			25.80		164,813.65			4,252,193
Total					273,744.19		$	6,998,331

*
On December 15, 2022 the Company commenced a tender offer for repurchase of common shares. The tender offer expired on January 16, 2023 and the shares of common stock repurchased in connection with the tender offer were recorded and paid out as capital activity for 2023.

Distributions Declared, Recorded, Subsequent Payment and Issuance

The following table summarizes the settlement of distributions declared and recorded as of December 31, 2023, and the subsequent payment and issuance of those distributions for the three months ended March 31, 2024:

Date Declared	Record Date	Payment/Issuance Date	Amount Per Share		Amount Paid in Cash		Amount Settled via Newly Issued Shares		Total
For the three months ended March 31, 2024
December 31, 2023	December 31, 2023	January 31, 2024	$	0.79	$	2,961,399	$	3,000,821	$	5,962,220
			$	0.79	$	2,961,399	$	3,000,821	$	5,962,220

The following table summarizes the settlement of distributions declared and recorded as of December 31, 2022, and the subsequent payment and issuance of those distributions for the three months ended March 31, 2023:

Date Declared	Record Date	Payment/Issuance Date	Amount Per Share		Amount Paid in Cash		Amount Settled via Newly Issued Shares		Total
For the three months ended March 31, 2023:
December 31, 2022	December 31, 2022	January 26, 2023	$	0.66	$	2,169,650	$	2,181,430	$	4,351,080
Total			$	0.66	$	2,169,650	$	2,181,430	$	4,351,080