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

9 Months Ended

Sep. 30, 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 nine months ended September 30, 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
June 28, 2024		24.38		190,664.58		4,648,553
September 30, 2024		24.27		208,792.97		5,067,405
Total				591,644.60	$	14,539,902

As of September 30, 2024, the tender offer conducted in the quarter ending September 30, 2024, remains fully payable as shown on the Statements of Assets and Liabilities.

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
June 30, 2023		26.06		180,211.21		4,696,329
September 30, 2023		26.01		186,750.79		4,857,388
Total				640,706.19	$	16,552,048

*
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, April 3, 2024 and July 11, 2024 respectively, and the subsequent payment and issuance of those distributions for the nine months ended September 30, 2024:

Date Declared	Record Date	Payment/Issuance Date	Amount Per Share		Amount Paid in Cash		Amount Settled via Newly Issued Shares		Total
For the nine months ended September 30, 2024
December 31, 2023	December 31, 2023	January 31, 2024	$	0.79	$	2,961,399	$	3,000,821	$	5,962,220
April 3, 2024	April 3, 2024	May 16, 2024		0.75		3,061,044		2,838,215		5,899,259
July 11, 2024	July 11, 2024	August 19, 2024		0.63		2,733,750		2,527,833		5,261,583
Total			$	2.17	$	8,756,193	$	8,366,869	$	17,123,062

The following table summarizes the settlement of distributions declared and recorded as of December 31, 2022, April 3, 2023, and July 3, 2023 respectively, and the subsequent payment and issuance of those distributions for the nine months ended September 30, 2023:

Date Declared	Record Date	Payment/Issuance Date	Amount Per Share		Amount Paid in Cash		Amount Settled via Newly Issued Shares		Total
For the nine months ended September 30, 2023:
December 31, 2022	December 31, 2022	January 26, 2023	$	0.66	$	2,169,650	$	2,181,430	$	4,351,080
April 3, 2023	April 3, 2023	May 5, 2023		0.69		2,485,103		2,488,754		4,973,857
July 3, 2023	July 3, 2023	July 31, 2023		0.69		2,583,154		2,571,168		5,154,322
Total			$	2.04	$	7,237,907	$	7,241,352	$	14,479,259