Equity and Non-Controlling Interest (Tables)

6 Months Ended

Jun. 30, 2023

Equity [Abstract]

Schedule of Stock by Class

The following table details the movement in the Company’s outstanding shares of common shares (in thousands, except share amounts):

	Three Months Ended June 30, 2023
	Class I	Class D	Class S	Total
March 31, 2023	49,520,231	2,699,163	55,141,062	107,360,456
Common shares issued	15,306,453	851,101	10,402,555	26,560,109
Distribution reinvestment	405,459	21,127	450,835	877,421
Common shares repurchased	(892,808)	(229,729)	(566,711)	(1,689,248)
June 30, 2023	64,339,335	3,341,662	65,427,741	133,108,738

	Six Months Ended June 30, 2023
	Class I	Class D	Class S	Total
December 31, 2022	31,668,259	1,385,421	43,401,686	76,455,366
Common shares issued	32,917,680	2,152,550	21,970,965	57,041,195
Distribution reinvestment	661,139	33,420	815,560	1,510,119
Common shares repurchased	(907,743)	(229,729)	(760,470)	(1,897,942)
June 30, 2023	64,339,335	3,341,662	65,427,741	133,108,738

Aggregate Distributions Declared For Each Applicable Class Of Common Shares

The following table details the aggregate distributions declared for each applicable class of common shares:

	Three Months Ended June 30, 2023
	Class I		Class D		Class S
Aggregate gross distributions declared per share of common shares	$	0.1750	$	0.1750	$	0.1750
Shareholder servicing fee per share of common shares	—		(0.0063)		(0.0216)
Net distributions declared per share of common shares	$	0.1750	$	0.1687	$	0.1534

	Six Months Ended June 30, 2023
	Class I		Class D		Class S
Aggregate gross distributions declared per share of common shares	$	0.3500	$	0.3500	$	0.3500
Shareholder servicing fee per share of common shares	—		(0.0126)		(0.0433)
Net distributions declared per share of common shares	$	0.3500	$	0.3374	$	0.3067

Redeemable Noncontrolling Interest

The following table details the redeemable non-controlling interest activity related to the Special Limited Partner for the six months ended June 30, 2023:

	Six Months Ended June 30, 2023
Balance at the beginning of the year	$	1,657
Settlement of prior year performance participation allocation	2,504
Repurchases	—
Conversion to Class I shares	—
GAAP income allocation	64
Other comprehensive income	76
Distributions	(128)
Fair value allocation	5
Reallocation between additional paid-in capital and non-controlling interests due to changes in NLT OP ownership	54
Ending Balance	$	4,232