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Investments
 9 Months Ended
Sep. 30, 2024
Schedule of Investments [Abstract]  
Investments Investments
Under the 1940 Act, the Company is required to separately identify non-controlled investments where it owns 5% or more of a portfolio company’s outstanding voting securities and/or had the power to exercise control over the management or policies of such portfolio company as investments in “affiliated” companies. In addition, under the 1940 Act, the Company is required to separately identify investments where it owns more than 25% of a portfolio company’s outstanding voting securities and/or had the power to exercise control over the management or policies of such portfolio company as investments in “controlled” companies. Under the 1940 Act, “non-affiliated investments” are defined as investments that are neither controlled investments nor affiliated investments. Detailed information with respect to the Company’s non-controlled, non-affiliated; non-controlled, affiliated; and controlled affiliated investments is contained in the consolidated financial statements, including the Consolidated Schedule of Investments.
The information in the tables below is presented on an aggregate portfolio basis, without regard to whether they are non-controlled, non-affiliated; non-controlled, affiliated; or controlled affiliated investments.
The following table represents the Company's investment portfolio as of September 30, 2024:
 
Investments at Cost
Investments at
Fair Value		Fair Value
Percentage of
Total Portfolio
Senior Mortgage$494,644 $499,983 95.5 %
Mezzanine9,038 9,181 1.8 %
Real Estate Securities13,841 13,881 2.7 %
Total$517,523 $523,045 100.0 %
The following table shows the investment portfolio composition by industry grouping based on fair value at September 30, 2024:
 
At September 30, 2024
 Investments at
Fair Value		Percentage of
Total Portfolio
Multifamily$410,820 78.5 %
Hospitality91,667 17.5 %
Self Storage15,556 3.0 %
Industrials5,002 1.0 %
Total$523,045 100.0 %
As of September 30, 2024, 100% of investments held were based in the United States.