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MEMBERS' CAPITAL (Tables)
 12 Months Ended
Dec. 31, 2023
Equity [Abstract]  
Schedule of Distributable Earnings
The following table shows the components of total distributable earnings (loss) as shown on the Consolidated Statements of Financial Condition:
December 31, 2023December 31, 2022
Total distributable earnings, beginning of period$(194)$— 
Net investment income (loss)1,527 (194)
Net unrealized appreciation (depreciation)159 — 
Distributions declared(1,340)— 
Tax reclassification of unitholders' equity (Note 10)202 — 
Total distributable earnings, end of period$354 $(194)
The book-to-tax differences relating to distributions made to the Company’s holders of Units resulted in reclassifications among certain capital accounts as follows:
As of December 31, 2023As of December 31, 2022
Paid-in capital in excess of par value$(202)$— 
Total distributable earnings (loss)$202 — 
Schedule of Units Issued
The following table summarizes the total Units issued and proceeds received from the closings of the Company’s continuous private offering that occurred for the year ended December 31, 2023:
Unit Issuance DateClass I Units IssuedProceeds Received
July 17, 20231,296,063$25,921 
August 01, 20238,989180
September 01, 202374,7371,494
October 01, 2023337,5836,779
November 01, 2023224,2644,492
December 01, 2023205,6914,138
Total2,147,327 $43,004 
Schedule of Dividends Declared and Payable
The following table summarizes the Company’s distributions declared and payable for the year ended December 31, 2023:
Date DeclaredRecord DatePayment DatePer Unit AmountTotal Amount
August 30, 2023August 31, 2023September 06, 2023$0.1498 $196 
September 26, 2023September 30, 2023October 04, 20230.1582 219 
October 27, 2023October 31, 2023November 03, 20230.1590 271 
November 28, 2023November 30, 2023December 05, 20230.1585 309 
December 27, 2023December 31, 2023January 04, 20240.1592 345 
Total Distributions$0.7847 $1,340 
Schedule of DRIP Shares Issued
The following table summarizes the amounts received and units issued to unitholders who have participated in the DRIP during for the year ended December 31, 2023:
Payment DateDRIP Units IssuedDRIP Units Value
September 06, 2023974 $19 
October 04, 20231,646 33 
November 03, 20232,825 57 
December 05, 20233,852 78 
Total9,297 $187