10-Q Filing

FIRST EAGLE PRIVATE CREDIT FUND CIK: 1890107 Q1 2024

Filing Information

Form Type	10-Q
Accession Number	`0000950170-24-058982`
Period End Date	20240331
Filing Date	20240514
Fiscal Year	2024
Fiscal Period	Q1
XBRL Instance	ck0001890107-20240331_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 110 Income Statement 62 Cash Flow Statement 58

Balance Sheet 110 line items

Line Item	Tag	Value	Unit	Period
Investment, Amortized Cost	`InvestmentOwnedAtCost`	$198.26M	USD	Point-in-time
Investment, Amortized Cost	`InvestmentOwnedAtCost`	$198.26M	USD	Point-in-time
Investment, Amortized Cost	`InvestmentOwnedAtCost`	$70.68M	USD	Point-in-time
Investment, Amortized Cost	`InvestmentOwnedAtCost`	$70.68M	USD	Point-in-time
Non-controlled/non-affiliated investments, at fair value (amortized cost of: $198,264 and $70,684, respectively)	`InvestmentOwnedAtFairValue`	$198.51M	USD	Point-in-time
Non-controlled/non-affiliated investments, at fair value (amortized cost of: $198,264 and $70,684, respectively)	`InvestmentOwnedAtFairValue`	$198.51M	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Non-controlled/non-affiliated investments, at fair value (amortized cost of: $198,264 and $70,684, respectively)	`InvestmentOwnedAtFairValue`	$70.88M	USD	Point-in-time
Non-controlled/non-affiliated investments, at fair value (amortized cost of: $198,264 and $70,684, respectively)	`InvestmentOwnedAtFairValue`	$70.88M	USD	Point-in-time
Common stock, Authorized	`CommonStockSharesAuthorized`	-	shares	Point-in-time
Common stock, Authorized	`CommonStockSharesAuthorized`	-	shares	Point-in-time
Common stock, Authorized	`CommonStockSharesAuthorized`	-	shares	Point-in-time
Common stock, Authorized	`CommonStockSharesAuthorized`	-	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$142.11M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$142.11M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$183.40M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$183.40M	USD	Point-in-time
Interest and dividends receivable	`DividendAndInterestReceivable`	$2.19M	USD	Point-in-time
Interest and dividends receivable	`DividendAndInterestReceivable`	$2.19M	USD	Point-in-time
Common stock, Issued	`CommonStockSharesIssued`	10.37M	shares	Point-in-time
Common stock, Issued	`CommonStockSharesIssued`	10.37M	shares	Point-in-time
Interest and dividends receivable	`DividendAndInterestReceivable`	$1.65M	USD	Point-in-time
Interest and dividends receivable	`DividendAndInterestReceivable`	$1.65M	USD	Point-in-time
Common stock, Issued	`CommonStockSharesIssued`	12.43M	shares	Point-in-time
Common stock, Issued	`CommonStockSharesIssued`	12.43M	shares	Point-in-time
Common stock, Outstanding	`CommonStockSharesOutstanding`	12.43M	shares	Point-in-time
Common stock, Outstanding	`CommonStockSharesOutstanding`	12.43M	shares	Point-in-time
Deferred financing costs	`Deferredfinancingcosts`	$2.74M	USD	Point-in-time
Deferred financing costs	`Deferredfinancingcosts`	$2.74M	USD	Point-in-time
Common stock, Outstanding	`CommonStockSharesOutstanding`	10.37M	shares	Point-in-time
Common stock, Outstanding	`CommonStockSharesOutstanding`	10.37M	shares	Point-in-time
Deferred financing costs	`Deferredfinancingcosts`	$2.90M	USD	Point-in-time
Deferred financing costs	`Deferredfinancingcosts`	$2.90M	USD	Point-in-time
Deferred offering costs	`DeferredOfferingCosts`	$1.14M	USD	Point-in-time
Deferred offering costs	`DeferredOfferingCosts`	$1.14M	USD	Point-in-time
Deferred offering costs	`DeferredOfferingCosts`	$978.00K	USD	Point-in-time
Deferred offering costs	`DeferredOfferingCosts`	$978.00K	USD	Point-in-time
Prepaid expenses and other assets	`PrepaidExpenseAndOtherAssets`	$71.00K	USD	Point-in-time
Prepaid expenses and other assets	`PrepaidExpenseAndOtherAssets`	$71.00K	USD	Point-in-time
Prepaid expenses and other assets	`PrepaidExpenseAndOtherAssets`	$131.00K	USD	Point-in-time
Prepaid expenses and other assets	`PrepaidExpenseAndOtherAssets`	$131.00K	USD	Point-in-time
Total assets	`Assets`	$346.82M	USD	Point-in-time
Total assets	`Assets`	$346.82M	USD	Point-in-time
Total assets	`Assets`	$259.88M	USD	Point-in-time
Total assets	`Assets`	$259.88M	USD	Point-in-time
Credit facility	`LineOfCreditFacilityCurrentBorrowingCapacity`	-	USD	Point-in-time
Credit facility	`LineOfCreditFacilityCurrentBorrowingCapacity`	-	USD	Point-in-time
Credit facility	`LineOfCreditFacilityCurrentBorrowingCapacity`	$5.00M	USD	Point-in-time
Credit facility	`LineOfCreditFacilityCurrentBorrowingCapacity`	$5.00M	USD	Point-in-time
Payable for investments purchased	`AccountsPayableCurrentAndNoncurrent`	$4.75M	USD	Point-in-time
Payable for investments purchased	`AccountsPayableCurrentAndNoncurrent`	$4.75M	USD	Point-in-time
Payable for investments purchased	`AccountsPayableCurrentAndNoncurrent`	$36.72M	USD	Point-in-time
Payable for investments purchased	`AccountsPayableCurrentAndNoncurrent`	$36.72M	USD	Point-in-time
Distributions payable	`DistributionsPayable`	$1.49M	USD	Point-in-time
Distributions payable	`DistributionsPayable`	$1.49M	USD	Point-in-time
Distributions payable	`DistributionsPayable`	-	USD	Point-in-time
Distributions payable	`DistributionsPayable`	-	USD	Point-in-time
Offering costs payable	`OfferingCostsPayable`	$579.00K	USD	Point-in-time
Offering costs payable	`OfferingCostsPayable`	$579.00K	USD	Point-in-time
Offering costs payable	`OfferingCostsPayable`	$275.00K	USD	Point-in-time
Offering costs payable	`OfferingCostsPayable`	$275.00K	USD	Point-in-time
Trustees' fees payable	`TrusteesFeesPayable`	-	USD	Point-in-time
Trustees' fees payable	`TrusteesFeesPayable`	-	USD	Point-in-time
Trustees' fees payable	`TrusteesFeesPayable`	$7.00K	USD	Point-in-time
Trustees' fees payable	`TrusteesFeesPayable`	$7.00K	USD	Point-in-time
Financing costs payable	`FinancingCostsPayable`	-	USD	Point-in-time
Financing costs payable	`FinancingCostsPayable`	-	USD	Point-in-time
Financing costs payable	`FinancingCostsPayable`	$1.31M	USD	Point-in-time
Financing costs payable	`FinancingCostsPayable`	$1.31M	USD	Point-in-time
Accrued professional fees	`AccruedProfessionalFeesCurrentAndNoncurrent`	$427.00K	USD	Point-in-time
Accrued professional fees	`AccruedProfessionalFeesCurrentAndNoncurrent`	$427.00K	USD	Point-in-time
Accrued professional fees	`AccruedProfessionalFeesCurrentAndNoncurrent`	$444.00K	USD	Point-in-time
Accrued professional fees	`AccruedProfessionalFeesCurrentAndNoncurrent`	$444.00K	USD	Point-in-time
Accrued administration expense	`AccruedAdministrationExpense`	$439.00K	USD	Point-in-time
Accrued administration expense	`AccruedAdministrationExpense`	$439.00K	USD	Point-in-time
Accrued administration expense	`AccruedAdministrationExpense`	$547.00K	USD	Point-in-time
Accrued administration expense	`AccruedAdministrationExpense`	$547.00K	USD	Point-in-time
Accrued expenses and other liabilities	`AccruedLiabilitiesAndOtherLiabilities`	$870.00K	USD	Point-in-time
Accrued expenses and other liabilities	`AccruedLiabilitiesAndOtherLiabilities`	$870.00K	USD	Point-in-time
Accrued expenses and other liabilities	`AccruedLiabilitiesAndOtherLiabilities`	$881.00K	USD	Point-in-time
Accrued expenses and other liabilities	`AccruedLiabilitiesAndOtherLiabilities`	$881.00K	USD	Point-in-time
Total liabilities	`Liabilities`	$8.21M	USD	Point-in-time
Total liabilities	`Liabilities`	$8.21M	USD	Point-in-time
Total liabilities	`Liabilities`	$45.53M	USD	Point-in-time
Total liabilities	`Liabilities`	$45.53M	USD	Point-in-time
Commitments and contingencies (Note 7)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 7)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Common shares, par value $0.001 (unlimited shares authorized, 12,425,318 and 10,366,818 shares issued and outstanding at March 31, 2024 and December 31, 2023, respectively)	`CommonStockValue`	$10.00K	USD	Point-in-time
Common shares, par value $0.001 (unlimited shares authorized, 12,425,318 and 10,366,818 shares issued and outstanding at March 31, 2024 and December 31, 2023, respectively)	`CommonStockValue`	$10.00K	USD	Point-in-time
Common shares, par value $0.001 (unlimited shares authorized, 12,425,318 and 10,366,818 shares issued and outstanding at March 31, 2024 and December 31, 2023, respectively)	`CommonStockValue`	$12.00K	USD	Point-in-time
Common shares, par value $0.001 (unlimited shares authorized, 12,425,318 and 10,366,818 shares issued and outstanding at March 31, 2024 and December 31, 2023, respectively)	`CommonStockValue`	$12.00K	USD	Point-in-time
Paid-in capital in excess of par value	`AdditionalPaidInCapitalCommonStock`	$252.31M	USD	Point-in-time
Paid-in capital in excess of par value	`AdditionalPaidInCapitalCommonStock`	$252.31M	USD	Point-in-time
Paid-in capital in excess of par value	`AdditionalPaidInCapitalCommonStock`	$302.11M	USD	Point-in-time
Paid-in capital in excess of par value	`AdditionalPaidInCapitalCommonStock`	$302.11M	USD	Point-in-time
Distributable earnings (accumulated losses)	`RetainedEarningsAccumulatedDeficit`	$-649.00K	USD	Point-in-time
Distributable earnings (accumulated losses)	`RetainedEarningsAccumulatedDeficit`	$-649.00K	USD	Point-in-time
Distributable earnings (accumulated losses)	`RetainedEarningsAccumulatedDeficit`	$-832.00K	USD	Point-in-time
Distributable earnings (accumulated losses)	`RetainedEarningsAccumulatedDeficit`	$-832.00K	USD	Point-in-time
Total net assets	`AssetsNet`	$301.29M	USD	Point-in-time
Total net assets	`AssetsNet`	$301.29M	USD	Point-in-time
Total net assets	`AssetsNet`	$251.67M	USD	Point-in-time
Total net assets	`AssetsNet`	$251.67M	USD	Point-in-time
Net asset value per share	`NetAssetValuePerShare`	$24.25	USD	Point-in-time
Net asset value per share	`NetAssetValuePerShare`	$24.25	USD	Point-in-time
Net asset value per share	`NetAssetValuePerShare`	$24.28	USD	Point-in-time
Net asset value per share	`NetAssetValuePerShare`	$24.28	USD	Point-in-time

Income Statement 62 line items

Line Item	Tag	Value	Unit	Period
Interest income	`InvestmentIncomeInterest`	$3.25M	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$3.25M	USD	1 Quarter
Dividend income	`InvestmentIncomeDividend`	$2.01M	USD	1 Quarter
Dividend income	`InvestmentIncomeDividend`	$2.01M	USD	1 Quarter
Other Income	`OtherIncome`	$279.00K	USD	1 Quarter
Other Income	`OtherIncome`	$279.00K	USD	1 Quarter
Total investment income	`InvestmentIncomeNet`	$5.54M	USD	1 Quarter
Total investment income	`InvestmentIncomeNet`	$5.54M	USD	1 Quarter
Interest expense	`InterestExpenseDebt`	$820.00K	USD	1 Quarter
Interest expense	`InterestExpenseDebt`	$820.00K	USD	1 Quarter
Administration expense	`DefinedBenefitPlanAdministrationExpenses`	$422.00K	USD	1 Quarter
Administration expense	`DefinedBenefitPlanAdministrationExpenses`	$422.00K	USD	1 Quarter
Base management fees	`BaseManagementFees`	$785.00K	USD	1 Quarter
Base management fees	`BaseManagementFees`	$785.00K	USD	1 Quarter
Amortization of continuous offering costs	`NoninterestExpenseOfferingCost`	$198.00K	USD	1 Quarter
Amortization of continuous offering costs	`NoninterestExpenseOfferingCost`	$198.00K	USD	1 Quarter
Trustees' fees	`TrusteesFees`	$98.00K	USD	1 Quarter
Trustees' fees	`TrusteesFees`	$98.00K	USD	1 Quarter
Professional fees	`ProfessionalFees`	$281.00K	USD	1 Quarter
Professional fees	`ProfessionalFees`	$281.00K	USD	1 Quarter
Other general and administrative expenses	`OtherGeneralAndAdministrativeExpense`	$172.00K	USD	1 Quarter
Other general and administrative expenses	`OtherGeneralAndAdministrativeExpense`	$172.00K	USD	1 Quarter
Income-based incentive fee	`IncomeBasedIncentiveFee`	$198.00K	USD	1 Quarter
Income-based incentive fee	`IncomeBasedIncentiveFee`	$198.00K	USD	1 Quarter
Capital gains incentive fee	`CapitalGainsIncentiveFee`	$6.00K	USD	1 Quarter
Capital gains incentive fee	`CapitalGainsIncentiveFee`	$6.00K	USD	1 Quarter
Total expenses	`OperatingExpenses`	$2.98M	USD	1 Quarter
Total expenses	`OperatingExpenses`	$2.98M	USD	1 Quarter
Management fees waiver	`ManagementFeesWaiver`	$-785.00K	USD	1 Quarter
Management fees waiver	`ManagementFeesWaiver`	$-785.00K	USD	1 Quarter
Incentive fees waiver	`IncentiveFeesWaiver`	$-204.00K	USD	1 Quarter
Incentive fees waiver	`IncentiveFeesWaiver`	$-204.00K	USD	1 Quarter
Net expenses	`NetExpenses`	$1.99M	USD	1 Quarter
Net expenses	`NetExpenses`	$1.99M	USD	1 Quarter
Net investment income (loss)	`NetInvestmentIncomeLoss`	$3.55M	USD	1 Quarter
Net investment income (loss)	`NetInvestmentIncomeLoss`	$3.55M	USD	1 Quarter
Non-controlled/non-affiliated investments	`NonControlledNonAffiliatedInvestments`	-	USD	1 Quarter
Non-controlled/non-affiliated investments	`NonControlledNonAffiliatedInvestments`	-	USD	1 Quarter
Net realized gain (loss)	`RealizedInvestmentGainsLosses`	-	USD	1 Quarter
Net realized gain (loss)	`RealizedInvestmentGainsLosses`	-	USD	1 Quarter
Non-controlled non-affiliated investments	`NonControlledNonAffiliatedInvestment`	$-46.00K	USD	1 Quarter
Non-controlled non-affiliated investments	`NonControlledNonAffiliatedInvestment`	$-46.00K	USD	1 Quarter
Net change in unrealized appreciation (depreciation)	`NetChangeInUnrealizedAppreciationDepreciationOnInvestments`	$46.00K	USD	1 Quarter
Net change in unrealized appreciation (depreciation)	`NetChangeInUnrealizedAppreciationDepreciationOnInvestments`	$46.00K	USD	1 Quarter
Net realized and unrealized gain (loss)	`GainLossOnInvestments`	$46.00K	USD	1 Quarter
Net realized and unrealized gain (loss)	`GainLossOnInvestments`	$46.00K	USD	1 Quarter
Net increase (decrease) in net assets resulting from operations	`NetIncomeLoss`	$3.60M	USD	1 Quarter
Net increase (decrease) in net assets resulting from operations	`NetIncomeLoss`	$3.60M	USD	1 Quarter
Net investment income (loss) per share (basic)	`IncomeLossFromContinuingOperationsPerBasicShare`	$0.32	USD	1 Quarter
Net investment income (loss) per share (basic)	`IncomeLossFromContinuingOperationsPerBasicShare`	$0.32	USD	1 Quarter
Net investment income (loss) per share (diluted)	`IncomeLossFromContinuingOperationsPerDilutedShare`	$0.32	USD	1 Quarter
Net investment income (loss) per share (diluted)	`IncomeLossFromContinuingOperationsPerDilutedShare`	$0.32	USD	1 Quarter
Net increase (decrease) in net assets resulting from operations per share (basic)	`EarningsPerShareBasic`	$0.33	USD	1 Quarter
Net increase (decrease) in net assets resulting from operations per share (basic)	`EarningsPerShareBasic`	$0.33	USD	1 Quarter
Net increase (decrease) in net assets resulting from operations per share (diluted)	`EarningsPerShareDiluted`	$0.33	USD	1 Quarter
Net increase (decrease) in net assets resulting from operations per share (diluted)	`EarningsPerShareDiluted`	$0.33	USD	1 Quarter
Distributions declared per share	`CommonStockDividendsPerShareDeclared`	$0.36	USD	1 Quarter
Distributions declared per share	`CommonStockDividendsPerShareDeclared`	$0.36	USD	1 Quarter
Weighted average shares outstanding (basic)	`WeightedAverageNumberOfSharesOutstandingBasic`	11.06M	shares	1 Quarter
Weighted average shares outstanding (basic)	`WeightedAverageNumberOfSharesOutstandingBasic`	11.06M	shares	1 Quarter
Weighted average shares outstanding (diluted)	`WeightedAverageNumberOfDilutedSharesOutstanding`	11.06M	shares	1 Quarter
Weighted average shares outstanding (diluted)	`WeightedAverageNumberOfDilutedSharesOutstanding`	11.06M	shares	1 Quarter

Cash Flow Statement 58 line items

Line Item	Tag	Value	Unit	Period
Net increase (decrease) in net assets resulting from operations	`NetIncomeLoss`	$3.60M	USD	1 Quarter
Net increase (decrease) in net assets resulting from operations	`NetIncomeLoss`	$3.60M	USD	1 Quarter
Net accretion of discount and amortization of premium	`InvestmentIncomeNetAmortizationOfDiscountAndPremium`	$159.00K	USD	1 Quarter
Net accretion of discount and amortization of premium	`InvestmentIncomeNetAmortizationOfDiscountAndPremium`	$159.00K	USD	1 Quarter
Proceeds from sale of investments and principal repayments	`ProceedsFromPrincipalRepaymentsAndSalesOfInvestments`	$212.00K	USD	1 Quarter
Proceeds from sale of investments and principal repayments	`ProceedsFromPrincipalRepaymentsAndSalesOfInvestments`	$212.00K	USD	1 Quarter
Purchases of investments	`PurchaseOfInvestments`	$-95.67M	USD	1 Quarter
Purchases of investments	`PurchaseOfInvestments`	$-95.67M	USD	1 Quarter
Net realized gain (loss) on investments	`RealizedInvestmentGainsLosses`	-	USD	1 Quarter
Net realized gain (loss) on investments	`RealizedInvestmentGainsLosses`	-	USD	1 Quarter
Net change in unrealized (appreciation) depreciation on investments	`UnrealizedGainLossOnInvestments`	$46.00K	USD	1 Quarter
Net change in unrealized (appreciation) depreciation on investments	`UnrealizedGainLossOnInvestments`	$46.00K	USD	1 Quarter
Amortization of deferred financing costs	`AmortizationOfFinancingCosts`	$153.00K	USD	1 Quarter
Amortization of deferred financing costs	`AmortizationOfFinancingCosts`	$153.00K	USD	1 Quarter
Amortization of continuous offering costs	`NoninterestExpenseOfferingCost`	$198.00K	USD	1 Quarter
Amortization of continuous offering costs	`NoninterestExpenseOfferingCost`	$198.00K	USD	1 Quarter
Interest and dividends receivable	`IncreaseDecreaseInInterestAndDividendsReceivable`	$532.00K	USD	1 Quarter
Interest and dividends receivable	`IncreaseDecreaseInInterestAndDividendsReceivable`	$532.00K	USD	1 Quarter
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$60.00K	USD	1 Quarter
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$60.00K	USD	1 Quarter
Trustees' fees payable	`IncreaseDecreaseIntrusteesFeesPayable`	$7.00K	USD	1 Quarter
Trustees' fees payable	`IncreaseDecreaseIntrusteesFeesPayable`	$7.00K	USD	1 Quarter
Accrued administration expense	`IncreaseDecreaseInAccruedLiabilities`	$-108.00K	USD	1 Quarter
Accrued administration expense	`IncreaseDecreaseInAccruedLiabilities`	$-108.00K	USD	1 Quarter
Accrued professional fees	`IncreaseDecreaseInAccruedProfessionalFees`	$-17.00K	USD	1 Quarter
Accrued professional fees	`IncreaseDecreaseInAccruedProfessionalFees`	$-17.00K	USD	1 Quarter
Accrued expenses and other liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$-11.00K	USD	1 Quarter
Accrued expenses and other liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$-11.00K	USD	1 Quarter
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-92.43M	USD	1 Quarter
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-92.43M	USD	1 Quarter
Proceeds from issuance of shares	`ProceedsFromIssuanceOrSaleOfEquity`	$50.00M	USD	1 Quarter
Proceeds from issuance of shares	`ProceedsFromIssuanceOrSaleOfEquity`	$50.00M	USD	1 Quarter
Borrowings under credit facility	`LineOfCreditFacilityPeriodicPayment`	$5.00M	USD	1 Quarter
Borrowings under credit facility	`LineOfCreditFacilityPeriodicPayment`	$5.00M	USD	1 Quarter
Distributions paid	`DistributionMadeToLimitedPartnerCashDistributionsPaid`	$2.49M	USD	1 Quarter
Distributions paid	`DistributionMadeToLimitedPartnerCashDistributionsPaid`	$2.49M	USD	1 Quarter
Deferred Financing costs paid	`PaymentsOfFinancingCosts`	$1.31M	USD	1 Quarter
Deferred Financing costs paid	`PaymentsOfFinancingCosts`	$1.31M	USD	1 Quarter
Deferred offering costs paid	`PaymentForDeferredOfferingCosts`	$50.00K	USD	1 Quarter
Deferred offering costs paid	`PaymentForDeferredOfferingCosts`	$50.00K	USD	1 Quarter
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$51.15M	USD	1 Quarter
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$51.15M	USD	1 Quarter
Net decrease in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-41.28M	USD	1 Quarter
Net decrease in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-41.28M	USD	1 Quarter
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$183.40M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$183.40M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$142.11M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$142.11M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$183.40M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$183.40M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$142.11M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$142.11M	USD	Point-in-time
Distributions payable	`DistributionsPayable`	$1.49M	USD	Point-in-time
Distributions payable	`DistributionsPayable`	$1.49M	USD	Point-in-time
Distributions payable	`DistributionsPayable`	-	USD	Point-in-time
Distributions payable	`DistributionsPayable`	-	USD	Point-in-time
Accrued but unpaid offering costs	`AccruedButUnpaidOfferingCosts`	$579.00K	USD	1 Quarter
Accrued but unpaid offering costs	`AccruedButUnpaidOfferingCosts`	$579.00K	USD	1 Quarter

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.