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Condensed Consolidated Statement of Changes in Equity - USD ($)
$ in Thousands
Total
Total Shareholders' Equity
Total Shareholders' Equity
Cumulative Effect, Period of Adoption, Adjustment
Common Stock
Additional Paid-in Capital
Accumulated Other Comprehensive Income
Accumulated Deficit and Cumulative Distributions
Accumulated Deficit and Cumulative Distributions
Cumulative Effect, Period of Adoption, Adjustment
Non-controlling Interests
Non-controlling Interests
Cumulative Effect, Period of Adoption, Adjustment
Total Equity
Total Equity
Cumulative Effect, Period of Adoption, Adjustment
Class S Common Shares
Common Stock
Class N Common Shares
Common Stock
Class D Common Shares
Common Stock
Class I Common Shares
Common Stock
Beginning balance at Dec. 31, 2022   $ 736,083 $ (5,162)   $ 744,852 $ 3,678 $ (13,212) $ (5,162) $ 293,567 $ (1,995) $ 1,029,650 $ (7,157) $ 434 $ 0 $ 14 $ 317
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                
Accounting standards update [extensible enumeration] Accounting Standards Update 2016-13 [Member]                              
Common shares issued   582,932     582,362           582,932   220   21 329
Offering costs   (20,634)     (20,634)           (20,634)          
Distribution reinvestment   15,394     15,380           15,394   8     6
Common share repurchases   (19,343)   $ (19,343) (19,324)           (19,343)   (8)   (2) (9)
Amortization of restricted share grants   74     74           74          
Net income (loss)   18,156         18,156   4,698   22,854          
Other Comprehensive Income (Loss), Net of Tax $ 23,174 19,512       19,512     3,586   23,098          
Distributions declared on common shares   (36,954)         (36,954)       (36,954)          
Redeemable common share measurement adjustment   (142)     (142)           (142)          
Contributions from non-controlling interests                 59   59          
Distributions to and redemptions of non-controlling interests                 (31,742)   (31,742)          
Redeemable non-controlling interests measurement adjustment   (5)     (5)           (5)          
Reallocation between additional paid-in capital and non-controlling interests due to changes in ownership   (3,696)     (3,696)       3,642   (54)          
Ending balance at Jun. 30, 2023   1,286,215     1,298,867 23,190 (37,172)   271,815   1,558,030   654 0 33 643
Beginning balance at Mar. 31, 2023   1,022,892     1,048,029 (2,067) (24,143)   269,549   1,292,441   551 0 27 495
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                
Common shares issued   271,648     271,383           271,648   104   8 153
Offering costs   (11,041)     (11,041)           (11,041)          
Distribution reinvestment   8,915     8,906           8,915   5     4
Common share repurchases   (17,201)   (17,201) (17,184)           (17,201)   (6)   (2) (9)
Amortization of restricted share grants   37     37           37          
Net income (loss)   7,846         7,846   1,759   9,605          
Other Comprehensive Income (Loss), Net of Tax 30,524 25,257       25,257     5,190   30,447          
Distributions declared on common shares   (20,875)         (20,875)       (20,875)          
Redeemable common share measurement adjustment   (145)     (145)           (145)          
Contributions from non-controlling interests                 29   29          
Distributions to and redemptions of non-controlling interests                 (5,824)   (5,824)          
Redeemable non-controlling interests measurement adjustment   10     10           10          
Reallocation between additional paid-in capital and non-controlling interests due to changes in ownership   (1,128)     (1,128)       1,112   (16)          
Ending balance at Jun. 30, 2023   1,286,215     1,298,867 23,190 (37,172)   271,815   1,558,030   654 0 33 643
Beginning balance at Dec. 31, 2023 2,077,466 1,820,751     1,948,355 3,052 (132,638)   256,715   2,077,466   921 0 45 1,016
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                
Common shares issued   1,142,650     1,141,524           1,142,650   538 19 14 555
Offering costs   (32,980)     (32,980)           (32,980)          
Distribution reinvestment   40,116     40,077           40,116   19     20
Common share repurchases   (40,973)   (40,974) (40,933)           (40,973)   (20)     (20)
Converted common shares         1           0       (47) 46
Amortization of restricted share grants   (287)     (287)           (287)          
Net income (loss)   27,267         27,267   2,730   29,997          
Other Comprehensive Income (Loss), Net of Tax 14,664 12,983       12,983     1,598   14,581          
Distributions declared on common shares   (87,675)         (87,675)       (87,675)          
Redeemable common share measurement adjustment   (24)     (24)           (24)          
Contributions from non-controlling interests                 83   83          
Distributions to and redemptions of non-controlling interests                 (14,135)   (14,135)          
Redeemable non-controlling interests measurement adjustment   (437)     (437)           (437)          
Reallocation between additional paid-in capital and non-controlling interests due to changes in ownership   (7,909)     (7,909)       7,396   (513)          
Ending balance at Jun. 30, 2024 3,127,869 2,873,482     3,047,387 16,035 (193,046)   254,387   3,127,869   1,458 19 12 1,617
Beginning balance at Mar. 31, 2024   2,321,895     2,461,018 16,087 (157,716)   256,444   2,578,339   1,172 0 3 1,331
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                
Common shares issued   610,230     609,628           610,230   287 19 9 287
Offering costs   (18,900)     (18,900)           (18,900)          
Distribution reinvestment   22,806     22,784           22,806   11     11
Common share repurchases   (24,086)   $ (24,086) (24,062)           (24,086)   (12)     (12)
Amortization of restricted share grants   47     47           47          
Net income (loss)   13,136         13,136   1,151   14,287          
Other Comprehensive Income (Loss), Net of Tax 64 (52)       (52)     129   77          
Distributions declared on common shares   (48,466)         (48,466)       (48,466)          
Redeemable common share measurement adjustment   (9)     (9)           (9)          
Contributions from non-controlling interests                 45   45          
Distributions to and redemptions of non-controlling interests                 (5,988)   (5,988)          
Redeemable non-controlling interests measurement adjustment   (312)     (312)           (312)          
Reallocation between additional paid-in capital and non-controlling interests due to changes in ownership   (2,807)     (2,807)       2,606   (201)          
Ending balance at Jun. 30, 2024 $ 3,127,869 $ 2,873,482     $ 3,047,387 $ 16,035 $ (193,046)   $ 254,387   $ 3,127,869   $ 1,458 $ 19 $ 12 $ 1,617