XML 27 R19.htm IDEA: XBRL DOCUMENT v3.24.3
Declaration of Distributions
9 Months Ended
Sep. 30, 2024
Text Block [Abstract]  
Declaration of Distributions

Note 10. Declaration of Distributions

Cash Distribution Declaration

On September 27, 2024, our board of directors declared a daily distribution rate of approximately $0.001693 per day per share on the outstanding shares of common stock payable to Class A, Class T, Class W, Class P, Class Y and Class Z stockholders of record of such shares as shown on our books at the close of business on each day of the period commencing on October 1, 2024 and ending December 31, 2024. In connection with this distribution, for the stockholders of Class T shares and Class Y shares, after the stockholder servicing fee is paid, approximately $0.001439 per day will be paid per Class T shares and Class Y share and for the stockholders of Class W shares and Class Z shares, after the dealer manager servicing fee is paid, approximately $0.001566 per day will be paid per Class W share and Class Z share. Such distributions payable to each stockholder of record during a month will be paid the following month.