Share Transactions (Tables)

12 Months Ended

Dec. 31, 2024

Stockholders' Equity Note [Abstract]

Summary of Total Shares Issued and Proceeds Received

The following table summarizes the total shares issued and proceeds received during the year ended December 31, 2024:

Period Ended	Shares Issued		Proceeds Received
March 31, 2024		21,853	$	532,335
June 30, 2024		158,415		3,859,000
September 30, 2024		—		—
December 31, 2024		1,581,385		37,000,000
		1,761,653	$	41,391,335

The following table summarizes the total shares issued and proceeds received during the year ended December 31, 2023:

Period Ended	Shares Issued		Proceeds Received
March 31, 2023		44,339	$	1,088,965
June 30, 2023		18,186		445,000
September 30, 2023		637,710		15,694,043
December 31, 2023		38,744		950,000
		738,979		18,178,008

The following table summarizes the total shares issued and proceeds received during the year ended December 31, 2022:

Period Ended	Shares Issued		Proceeds Received
March 31, 2022		2,514,909	$	62,973,318
June 30, 2022		864,352		21,600,168
September 30, 2022		519,027		12,809,581
December 31, 2022		246,091		6,036,592
		4,144,379	$	103,419,659

Summary of Distribution Declarations and Common Shares Issued Pursuant to DRP

The following table summarizes the distribution declarations and common shares issued pursuant to the DRP for the year ended December 31, 2024:

Date Declared	Record Date	Payment Date	Amount Per Share		Distribution Declared		DRP Shares Issued
March 1, 2024	March 5, 2024	March 21, 2024	$	0.77	$	8,116,595		79,402
May 9, 2024	May 14, 2024	June 20, 2024		0.70		7,325,374		50,065
August 7, 2024	August 13, 2024	September 19, 2024		0.68		6,998,094		24,587
November 6, 2024	November 12, 2024	December 19, 2024		0.67		7,303,916		19,969
			$	2.82	$	29,743,979		174,023

The following table summarizes the distribution declarations and common shares issued pursuant to the DRP for the year ended December 31, 2023:

Date Declared	Record Date	Payment Date	Amount Per Share		Distribution Declared		DRP Shares Issued
March 2, 2023	March 2, 2023	March 23, 2023	$	0.58	$	7,007,486		178,875
May 11, 2023	May 16, 2023	June 22, 2023		0.60		7,037,746		179,607
August 9, 2023	August 15, 2023	September 21, 2023		0.70		7,717,295		185,275
November 8, 2023	November 8, 2023	December 21, 2023		0.77		8,441,950		190,654
December 7, 2023	December 7, 2023	December 21, 2023		0.17		1,863,807		42,092
			$	2.82	$	32,068,284		776,503

The following table summarizes the distribution declarations and common shares issued pursuant to the DRP for the year ended December 31, 2022:

Date Declared	Record Date	Payment Date	Amount Per Share		Distribution Declared		DRP Shares Issued
March 29, 2022	March 29, 2022	April 29, 2022	$	0.34	$	3,497,617		—
May 12, 2022	May 12, 2022	June 24, 2022		0.39		4,380,471		191,613
August 11, 2022	August 15, 2022	September 28, 2022		0.56		6,642,777		167,824
November 16, 2022	November 16, 2022	December 21, 2022		0.58		7,120,089		179,707
			$	1.87	$	21,640,954		539,144

Summary of Share Repurchases

The following table presents the share repurchases completed during the year ended December 31, 2024:

Tender Offer Date	Tender Offer Expiration Date	Total Number of Shares the Company Offered to Repurchase		Price Paid per Share		Total Number of Shares Repurchased		Maximum Number of Shares that may yet be purchased under the repurchase plan (1)
January 12, 2024	February 9, 2024		736,400	$	24.36		677,139		—
April 15, 2024	May 10, 2024		531,022	$	24.36		314,031		—
July 15, 2024	August 9, 2024		525,744	$	23.98		223,570		—
October 11, 2024	November 8, 2024		722,113	$	23.42		695,492		—
							1,910,232

(1)All repurchase requests were satisfied in full.

The following table presents the share repurchases completed during the year ended December 31, 2023:

Tender Offer Date	Tender Offer Expiration Date	Total Number of Shares the Company Offered to Repurchase		Price Paid per Share		Total Number of Shares Repurchased		Maximum Number of Shares that may yet be purchased under the repurchase plan (1)
January 13, 2023	February 10, 2023		622,786	$	24.56		418,189		—
April 17, 2023	May 12, 2023		613,037	$	24.47		549,357		—
July 17, 2023	August 11, 2023		1,786,378	$	24.61		1,515,317		—
October 13, 2023	November 9, 2023		560,843	$	24.52		292,023		—
							2,774,886

(1)All repurchase requests were satisfied in full.