Subsequent Events |
3 Months Ended |
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Mar. 31, 2025 | |
Subsequent Events [Abstract] | |
Subsequent Events | Subsequent Events Dividend Distribution Declaration
On April 23, 2025, the Board declared a cash distribution of $0.40 per share to be paid on May 20, 2025 to stockholders of record as of May 13, 2025. In addition to the cash distribution, and as part of the supplemental cash distribution of $0.28 per share to be paid in four quarterly distributions of $0.07 per share, the Board declared a supplemental cash distribution of $0.07 per share to be paid on May 20, 2025 to stockholders of record as of May 13, 2025. Including the $0.07 per share supplemental cash distributions paid to stockholders of record as of March 5, 2025, the Board has declared a total of $0.14 per share of the $0.28 per share of supplemental cash distribution declared on February 6, 2025.
Equity Offering
As of April 29, 2025, through its ATM program, the Company sold 2.2 million shares of common stock for $41.5 million of net proceeds.
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- References No definition available.
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- Definition The entire disclosure for significant events or transactions that occurred after the balance sheet date through the date the financial statements were issued or the date the financial statements were available to be issued. Examples include: the sale of a capital stock issue, purchase of a business, settlement of litigation, catastrophic loss, significant foreign exchange rate changes, loans to insiders or affiliates, and transactions not in the ordinary course of business. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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