10-Q Filing

AB COMMERCIAL REAL ESTATE PRIVATE DEBT FUND, LLC CIK: 1876255 Q1 2025

Filing Information

Form Type	10-Q
Accession Number	`0000950170-25-071601`
Period End Date	20250331
Filing Date	20250514
Fiscal Year	2025
Fiscal Period	Q1
XBRL Instance	ck0001876255-20250331_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 108 Income Statement 80 Cash Flow Statement 156 Stockholders Equity 38

Balance Sheet 108 line items

Line Item	Tag	Value	Unit	Period
Common unit, issued	`CommonUnitIssued`	36.29M	shares	Point-in-time
Common unit, issued	`CommonUnitIssued`	36.29M	shares	Point-in-time
Common unit, issued	`CommonUnitIssued`	36.30M	shares	Point-in-time
Common unit, issued	`CommonUnitIssued`	36.30M	shares	Point-in-time
Common unit, outstanding	`CommonUnitOutstanding`	36.30M	shares	Point-in-time
Common unit, outstanding	`CommonUnitOutstanding`	36.30M	shares	Point-in-time
Common unit, outstanding	`CommonUnitOutstanding`	36.29M	shares	Point-in-time
Common unit, outstanding	`CommonUnitOutstanding`	36.29M	shares	Point-in-time
Mortgage loans receivable	`MortgageLoansOnRealEstate`	$948.18M	USD	Point-in-time
Mortgage loans receivable	`MortgageLoansOnRealEstate`	$948.18M	USD	Point-in-time
Mortgage loans receivable	`MortgageLoansOnRealEstate`	$867.69M	USD	Point-in-time
Mortgage loans receivable	`MortgageLoansOnRealEstate`	$867.69M	USD	Point-in-time
Allowance for credit losses	`AllowanceForLoanAndLeaseLossesRealEstate`	$6.14M	USD	Point-in-time
Allowance for credit losses	`AllowanceForLoanAndLeaseLossesRealEstate`	$6.14M	USD	Point-in-time
Allowance for credit losses	`AllowanceForLoanAndLeaseLossesRealEstate`	$6.13M	USD	Point-in-time
Allowance for credit losses	`AllowanceForLoanAndLeaseLossesRealEstate`	$6.13M	USD	Point-in-time
Equity method investments	`EquityMethodInvestments`	$31.05M	USD	Point-in-time
Equity method investments	`EquityMethodInvestments`	$31.05M	USD	Point-in-time
Equity method investments	`EquityMethodInvestments`	$28.13M	USD	Point-in-time
Equity method investments	`EquityMethodInvestments`	$28.13M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$10.91M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$10.91M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$10.80M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$10.80M	USD	Point-in-time
Accrued interest receivable	`InterestReceivable`	$4.16M	USD	Point-in-time
Accrued interest receivable	`InterestReceivable`	$4.16M	USD	Point-in-time
Accrued interest receivable	`InterestReceivable`	$5.54M	USD	Point-in-time
Accrued interest receivable	`InterestReceivable`	$5.54M	USD	Point-in-time
Other assets	`OtherAssets`	$69.00K	USD	Point-in-time
Other assets	`OtherAssets`	$69.00K	USD	Point-in-time
Other assets	`OtherAssets`	$52.00K	USD	Point-in-time
Other assets	`OtherAssets`	$52.00K	USD	Point-in-time
Deferred financing costs, net	`DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet`	$845.00K	USD	Point-in-time
Deferred financing costs, net	`DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet`	$845.00K	USD	Point-in-time
Deferred financing costs, net	`DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet`	$1.21M	USD	Point-in-time
Deferred financing costs, net	`DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet`	$1.21M	USD	Point-in-time
Total assets	`Assets`	$910.32M	USD	Point-in-time
Total assets	`Assets`	$910.32M	USD	Point-in-time
Total assets	`Assets`	$986.04M	USD	Point-in-time
Total assets	`Assets`	$986.04M	USD	Point-in-time
Credit facility	`LineOfCredit`	$38.00M	USD	Point-in-time
Credit facility	`LineOfCredit`	$38.00M	USD	Point-in-time
Credit facility	`LineOfCredit`	$133.00M	USD	Point-in-time
Credit facility	`LineOfCredit`	$133.00M	USD	Point-in-time
Repurchase agreement	`RepurchaseAgreementCounterpartyAmountAtRisk`	$287.34M	USD	Point-in-time
Repurchase agreement	`RepurchaseAgreementCounterpartyAmountAtRisk`	$287.34M	USD	Point-in-time
Repurchase agreement	`RepurchaseAgreementCounterpartyAmountAtRisk`	$246.49M	USD	Point-in-time
Repurchase agreement	`RepurchaseAgreementCounterpartyAmountAtRisk`	$246.49M	USD	Point-in-time
Notes payable	`NotesPayable`	$261.04M	USD	Point-in-time
Notes payable	`NotesPayable`	$261.04M	USD	Point-in-time
Notes payable	`NotesPayable`	$205.79M	USD	Point-in-time
Notes payable	`NotesPayable`	$205.79M	USD	Point-in-time
Distribution payable	`DividendsPayableCurrentAndNoncurrent`	$8.01M	USD	Point-in-time
Distribution payable	`DividendsPayableCurrentAndNoncurrent`	$8.01M	USD	Point-in-time
Distribution payable	`DividendsPayableCurrentAndNoncurrent`	$8.27M	USD	Point-in-time
Distribution payable	`DividendsPayableCurrentAndNoncurrent`	$8.27M	USD	Point-in-time
Redemption payable	`RedemptionPayable`	$2.92M	USD	Point-in-time
Redemption payable	`RedemptionPayable`	$2.92M	USD	Point-in-time
Redemption payable	`RedemptionPayable`	$4.09M	USD	Point-in-time
Redemption payable	`RedemptionPayable`	$4.09M	USD	Point-in-time
Reimbursement payable (see Note 8)	`ReimbursementPayable`	-	USD	Point-in-time
Reimbursement payable (see Note 8)	`ReimbursementPayable`	-	USD	Point-in-time
Reimbursement payable (see Note 8)	`ReimbursementPayable`	$168.00K	USD	Point-in-time
Reimbursement payable (see Note 8)	`ReimbursementPayable`	$168.00K	USD	Point-in-time
Incentive fee payable (see Note 8)	`IncentiveFeesPayable`	$675.00K	USD	Point-in-time
Incentive fee payable (see Note 8)	`IncentiveFeesPayable`	$675.00K	USD	Point-in-time
Incentive fee payable (see Note 8)	`IncentiveFeesPayable`	$1.15M	USD	Point-in-time
Incentive fee payable (see Note 8)	`IncentiveFeesPayable`	$1.15M	USD	Point-in-time
Management fee payable (see Note 8)	`ManagementFeePayable`	$2.46M	USD	Point-in-time
Management fee payable (see Note 8)	`ManagementFeePayable`	$2.46M	USD	Point-in-time
Management fee payable (see Note 8)	`ManagementFeePayable`	$2.44M	USD	Point-in-time
Management fee payable (see Note 8)	`ManagementFeePayable`	$2.44M	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent`	$2.87M	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent`	$2.87M	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent`	$3.66M	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent`	$3.66M	USD	Point-in-time
Other liabilities	`OtherLiabilities`	$324.00K	USD	Point-in-time
Other liabilities	`OtherLiabilities`	$324.00K	USD	Point-in-time
Other liabilities	`OtherLiabilities`	$509.00K	USD	Point-in-time
Other liabilities	`OtherLiabilities`	$509.00K	USD	Point-in-time
Total liabilities	`Liabilities`	$566.21M	USD	Point-in-time
Total liabilities	`Liabilities`	$566.21M	USD	Point-in-time
Total liabilities	`Liabilities`	$644.71M	USD	Point-in-time
Total liabilities	`Liabilities`	$644.71M	USD	Point-in-time
Commitments and contingencies (see Note 10)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (see Note 10)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (see Note 10)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (see Note 10)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Common units (36,304,697 and 36,290,817 units issued and outstanding at March 31, 2025 and December 31, 2024)	`CommonUnitIssuanceValue`	$354.49M	USD	Point-in-time
Common units (36,304,697 and 36,290,817 units issued and outstanding at March 31, 2025 and December 31, 2024)	`CommonUnitIssuanceValue`	$354.49M	USD	Point-in-time
Common units (36,304,697 and 36,290,817 units issued and outstanding at March 31, 2025 and December 31, 2024)	`CommonUnitIssuanceValue`	$354.65M	USD	Point-in-time
Common units (36,304,697 and 36,290,817 units issued and outstanding at March 31, 2025 and December 31, 2024)	`CommonUnitIssuanceValue`	$354.65M	USD	Point-in-time
Distributions in excess of earnings	`RetainedEarningsAccumulatedDeficit`	$-10.38M	USD	Point-in-time
Distributions in excess of earnings	`RetainedEarningsAccumulatedDeficit`	$-10.38M	USD	Point-in-time
Distributions in excess of earnings	`RetainedEarningsAccumulatedDeficit`	$-13.32M	USD	Point-in-time
Distributions in excess of earnings	`RetainedEarningsAccumulatedDeficit`	$-13.32M	USD	Point-in-time
Total member's capital	`MembersEquity`	$344.11M	USD	Point-in-time
Total member's capital	`MembersEquity`	$344.11M	USD	Point-in-time
Total member's capital	`MembersEquity`	$288.02M	USD	Point-in-time
Total member's capital	`MembersEquity`	$288.02M	USD	Point-in-time
Total member's capital	`MembersEquity`	$289.18M	USD	Point-in-time
Total member's capital	`MembersEquity`	$289.18M	USD	Point-in-time
Total member's capital	`MembersEquity`	$341.33M	USD	Point-in-time
Total member's capital	`MembersEquity`	$341.33M	USD	Point-in-time
Total liabilities and members' capital	`LiabilitiesAndStockholdersEquity`	$986.04M	USD	Point-in-time
Total liabilities and members' capital	`LiabilitiesAndStockholdersEquity`	$986.04M	USD	Point-in-time
Total liabilities and members' capital	`LiabilitiesAndStockholdersEquity`	$910.32M	USD	Point-in-time
Total liabilities and members' capital	`LiabilitiesAndStockholdersEquity`	$910.32M	USD	Point-in-time

Income Statement 80 line items

Line Item	Tag	Value	Unit	Period
Interest income net of amortization/accretion	`InterestAndFeeIncomeLoansAndLeases`	$16.76M	USD	1 Quarter
Interest income net of amortization/accretion	`InterestAndFeeIncomeLoansAndLeases`	$16.76M	USD	1 Quarter
Interest income net of amortization/accretion	`InterestAndFeeIncomeLoansAndLeases`	$17.02M	USD	1 Quarter
Interest income net of amortization/accretion	`InterestAndFeeIncomeLoansAndLeases`	$17.02M	USD	1 Quarter
Interest expense	`InterestExpenseOperating`	$9.78M	USD	1 Quarter
Interest expense	`InterestExpenseOperating`	$9.78M	USD	1 Quarter
Interest expense	`InterestExpenseOperating`	$8.39M	USD	1 Quarter
Interest expense	`InterestExpenseOperating`	$8.39M	USD	1 Quarter
Net interest income	`InterestIncomeExpenseNet`	$8.36M	USD	1 Quarter
Net interest income	`InterestIncomeExpenseNet`	$8.36M	USD	1 Quarter
Net interest income	`InterestIncomeExpenseNet`	$7.23M	USD	1 Quarter
Net interest income	`InterestIncomeExpenseNet`	$7.23M	USD	1 Quarter
Provision for credit losses	`ProvisionForLoanLeaseAndOtherLosses`	$3.16M	USD	1 Quarter
Provision for credit losses	`ProvisionForLoanLeaseAndOtherLosses`	$3.16M	USD	1 Quarter
Provision for credit losses	`ProvisionForLoanLeaseAndOtherLosses`	$15.00K	USD	1 Quarter
Provision for credit losses	`ProvisionForLoanLeaseAndOtherLosses`	$15.00K	USD	1 Quarter
Net interest income after provision for credit losses	`InterestIncomeExpenseAfterProvisionForLoanLoss`	$5.20M	USD	1 Quarter
Net interest income after provision for credit losses	`InterestIncomeExpenseAfterProvisionForLoanLoss`	$5.20M	USD	1 Quarter
Net interest income after provision for credit losses	`InterestIncomeExpenseAfterProvisionForLoanLoss`	$7.22M	USD	1 Quarter
Net interest income after provision for credit losses	`InterestIncomeExpenseAfterProvisionForLoanLoss`	$7.22M	USD	1 Quarter
Management fees (see Note 8)	`ManagementFees`	$1.03M	USD	1 Quarter
Management fees (see Note 8)	`ManagementFees`	$1.03M	USD	1 Quarter
Management fees (see Note 8)	`ManagementFees`	$1.22M	USD	1 Quarter
Management fees (see Note 8)	`ManagementFees`	$1.22M	USD	1 Quarter
Incentive fees (see Note 8)	`IncentiveFeeExpense`	$170.00K	USD	1 Quarter
Incentive fees (see Note 8)	`IncentiveFeeExpense`	$170.00K	USD	1 Quarter
Incentive fees (see Note 8)	`IncentiveFeeExpense`	$749.00K	USD	1 Quarter
Incentive fees (see Note 8)	`IncentiveFeeExpense`	$749.00K	USD	1 Quarter
Professional fees	`ProfessionalFees`	$302.00K	USD	1 Quarter
Professional fees	`ProfessionalFees`	$302.00K	USD	1 Quarter
Professional fees	`ProfessionalFees`	$269.00K	USD	1 Quarter
Professional fees	`ProfessionalFees`	$269.00K	USD	1 Quarter
Administration and custodian fees	`AdministrationAndCustodianFees`	$249.00K	USD	1 Quarter
Administration and custodian fees	`AdministrationAndCustodianFees`	$249.00K	USD	1 Quarter
Administration and custodian fees	`AdministrationAndCustodianFees`	$443.00K	USD	1 Quarter
Administration and custodian fees	`AdministrationAndCustodianFees`	$443.00K	USD	1 Quarter
Other expenses	`OtherGeneralExpense`	$3.00K	USD	1 Quarter
Other expenses	`OtherGeneralExpense`	$3.00K	USD	1 Quarter
Other expenses	`OtherGeneralExpense`	$10.00K	USD	1 Quarter
Other expenses	`OtherGeneralExpense`	$10.00K	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$2.15M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$2.15M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$2.30M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$2.30M	USD	1 Quarter
Reimbursement - Investment Manager (see Note 8)	`ReimbursementInvestmentManager`	-	USD	1 Quarter
Reimbursement - Investment Manager (see Note 8)	`ReimbursementInvestmentManager`	-	USD	1 Quarter
Reimbursement - Investment Manager (see Note 8)	`ReimbursementInvestmentManager`	$-104.00K	USD	1 Quarter
Reimbursement - Investment Manager (see Note 8)	`ReimbursementInvestmentManager`	$-104.00K	USD	1 Quarter
Income (loss) from equity method investments	`IncomeLossFromEquityMethodInvestments`	$-681.00K	USD	1 Quarter
Income (loss) from equity method investments	`IncomeLossFromEquityMethodInvestments`	$-681.00K	USD	1 Quarter
Income (loss) from equity method investments	`IncomeLossFromEquityMethodInvestments`	$609.00K	USD	1 Quarter
Income (loss) from equity method investments	`IncomeLossFromEquityMethodInvestments`	$609.00K	USD	1 Quarter
Other income	`MiscellaneousOtherOperatingIncome`	$681.00K	USD	1 Quarter
Other income	`MiscellaneousOtherOperatingIncome`	$681.00K	USD	1 Quarter
Other income	`MiscellaneousOtherOperatingIncome`	$590.00K	USD	1 Quarter
Other income	`MiscellaneousOtherOperatingIncome`	$590.00K	USD	1 Quarter
Total other income	`OtherOperatingIncome`	-	USD	1 Quarter
Total other income	`OtherOperatingIncome`	-	USD	1 Quarter
Total other income	`OtherOperatingIncome`	$1.09M	USD	1 Quarter
Total other income	`OtherOperatingIncome`	$1.09M	USD	1 Quarter
Net Income	`NetIncomeLoss`	$5.07M	USD	1 Quarter
Net Income	`NetIncomeLoss`	$5.07M	USD	1 Quarter
Net Income	`NetIncomeLoss`	$3.99M	USD	1 Quarter
Net Income	`NetIncomeLoss`	$3.99M	USD	1 Quarter
Net income per unit, Basic	`EarningsPerShareBasic`	$0.13	USD	1 Quarter
Net income per unit, Basic	`EarningsPerShareBasic`	$0.13	USD	1 Quarter
Net income per unit, Basic	`EarningsPerShareBasic`	$0.14	USD	1 Quarter
Net income per unit, Basic	`EarningsPerShareBasic`	$0.14	USD	1 Quarter
Net income per unit, Diluted	`EarningsPerShareDiluted`	$0.13	USD	1 Quarter
Net income per unit, Diluted	`EarningsPerShareDiluted`	$0.13	USD	1 Quarter
Net income per unit, Diluted	`EarningsPerShareDiluted`	$0.14	USD	1 Quarter
Net income per unit, Diluted	`EarningsPerShareDiluted`	$0.14	USD	1 Quarter
Weighted average units outstanding, Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	36.40M	shares	1 Quarter
Weighted average units outstanding, Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	36.40M	shares	1 Quarter
Weighted average units outstanding, Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	30.21M	shares	1 Quarter
Weighted average units outstanding, Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	30.21M	shares	1 Quarter
Weighted average units outstanding, Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	30.21M	shares	1 Quarter
Weighted average units outstanding, Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	30.21M	shares	1 Quarter
Weighted average units outstanding, Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	36.40M	shares	1 Quarter
Weighted average units outstanding, Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	36.40M	shares	1 Quarter

Cash Flow Statement 156 line items

Line Item	Tag	Value	Unit	Period
Net Income (Loss)	`NetIncomeLoss`	$5.07M	USD	1 Quarter
Net Income (Loss)	`NetIncomeLoss`	$5.07M	USD	1 Quarter
Net Income (Loss)	`NetIncomeLoss`	$3.99M	USD	1 Quarter
Net Income (Loss)	`NetIncomeLoss`	$3.99M	USD	1 Quarter
Amortization of net loan fees and discount/premiums on loans receivable	`AmortizationOfNetLoanFeesAndDiscountPremiumsOnLoansReceivable`	$675.00K	USD	1 Quarter
Amortization of net loan fees and discount/premiums on loans receivable	`AmortizationOfNetLoanFeesAndDiscountPremiumsOnLoansReceivable`	$675.00K	USD	1 Quarter
Amortization of net loan fees and discount/premiums on loans receivable	`AmortizationOfNetLoanFeesAndDiscountPremiumsOnLoansReceivable`	$936.00K	USD	1 Quarter
Amortization of net loan fees and discount/premiums on loans receivable	`AmortizationOfNetLoanFeesAndDiscountPremiumsOnLoansReceivable`	$936.00K	USD	1 Quarter
Income from equity method investments	`IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions`	$609.00K	USD	1 Quarter
Income from equity method investments	`IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions`	$609.00K	USD	1 Quarter
Income from equity method investments	`IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions`	$-681.00K	USD	1 Quarter
Income from equity method investments	`IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions`	$-681.00K	USD	1 Quarter
Distributions of earnings from equity method investments	`DistributedEarnings`	$1.12M	USD	1 Quarter
Distributions of earnings from equity method investments	`DistributedEarnings`	$1.12M	USD	1 Quarter
Distributions of earnings from equity method investments	`DistributedEarnings`	$489.00K	USD	1 Quarter
Distributions of earnings from equity method investments	`DistributedEarnings`	$489.00K	USD	1 Quarter
Amortization of deferred financing costs	`AmortizationOfFinancingCosts`	$241.00K	USD	1 Quarter
Amortization of deferred financing costs	`AmortizationOfFinancingCosts`	$241.00K	USD	1 Quarter
Amortization of deferred financing costs	`AmortizationOfFinancingCosts`	$425.00K	USD	1 Quarter
Amortization of deferred financing costs	`AmortizationOfFinancingCosts`	$425.00K	USD	1 Quarter
Provision for credit loss	`ProvisionForLoanLeaseAndOtherLosses`	$3.16M	USD	1 Quarter
Provision for credit loss	`ProvisionForLoanLeaseAndOtherLosses`	$3.16M	USD	1 Quarter
Provision for credit loss	`ProvisionForLoanLeaseAndOtherLosses`	$15.00K	USD	1 Quarter
Provision for credit loss	`ProvisionForLoanLeaseAndOtherLosses`	$15.00K	USD	1 Quarter
Decrease in accrued interest receivable	`IncreaseDecreaseInAccruedInterestReceivableNet`	$-1.38M	USD	1 Quarter
Decrease in accrued interest receivable	`IncreaseDecreaseInAccruedInterestReceivableNet`	$-1.38M	USD	1 Quarter
Decrease in accrued interest receivable	`IncreaseDecreaseInAccruedInterestReceivableNet`	$-70.00K	USD	1 Quarter
Decrease in accrued interest receivable	`IncreaseDecreaseInAccruedInterestReceivableNet`	$-70.00K	USD	1 Quarter
Decrease in other assets	`IncreaseDecreaseInOtherOperatingAssets`	$21.00K	USD	1 Quarter
Decrease in other assets	`IncreaseDecreaseInOtherOperatingAssets`	$21.00K	USD	1 Quarter
Decrease in other assets	`IncreaseDecreaseInOtherOperatingAssets`	$17.00K	USD	1 Quarter
Decrease in other assets	`IncreaseDecreaseInOtherOperatingAssets`	$17.00K	USD	1 Quarter
Decrease in reimbursement receivable	`IncreaseDecreaseInDueFromRelatedParties`	$-147.00K	USD	1 Quarter
Decrease in reimbursement receivable	`IncreaseDecreaseInDueFromRelatedParties`	$-147.00K	USD	1 Quarter
Decrease in reimbursement receivable	`IncreaseDecreaseInDueFromRelatedParties`	-	USD	1 Quarter
Decrease in reimbursement receivable	`IncreaseDecreaseInDueFromRelatedParties`	-	USD	1 Quarter
(Decrease) in related party payables and accrued expenses	`IncreaseDecreaseInDueToRelatedParties`	$-1.08M	USD	1 Quarter
(Decrease) in related party payables and accrued expenses	`IncreaseDecreaseInDueToRelatedParties`	$-1.08M	USD	1 Quarter
(Decrease) in related party payables and accrued expenses	`IncreaseDecreaseInDueToRelatedParties`	$-65.00K	USD	1 Quarter
(Decrease) in related party payables and accrued expenses	`IncreaseDecreaseInDueToRelatedParties`	$-65.00K	USD	1 Quarter
Increase in reimbursement payable	`IncreaseDecreaseInReimbursementsPayable`	$307.00K	USD	1 Quarter
Increase in reimbursement payable	`IncreaseDecreaseInReimbursementsPayable`	$307.00K	USD	1 Quarter
Increase in reimbursement payable	`IncreaseDecreaseInReimbursementsPayable`	-	USD	1 Quarter
Increase in reimbursement payable	`IncreaseDecreaseInReimbursementsPayable`	-	USD	1 Quarter
(Decrease) increase in incentive fee payable	`IncreaseDecreaseInIncentiveFeesPayable`	$-477.00K	USD	1 Quarter
(Decrease) increase in incentive fee payable	`IncreaseDecreaseInIncentiveFeesPayable`	$-477.00K	USD	1 Quarter
(Decrease) increase in incentive fee payable	`IncreaseDecreaseInIncentiveFeesPayable`	$749.00K	USD	1 Quarter
(Decrease) increase in incentive fee payable	`IncreaseDecreaseInIncentiveFeesPayable`	$749.00K	USD	1 Quarter
(Decrease) increase in management fee payable	`IncreaseDecreaseInManagementFeesPayable`	$1.03M	USD	1 Quarter
(Decrease) increase in management fee payable	`IncreaseDecreaseInManagementFeesPayable`	$1.03M	USD	1 Quarter
(Decrease) increase in management fee payable	`IncreaseDecreaseInManagementFeesPayable`	$-15.00K	USD	1 Quarter
(Decrease) increase in management fee payable	`IncreaseDecreaseInManagementFeesPayable`	$-15.00K	USD	1 Quarter
Increase in accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$217.00K	USD	1 Quarter
Increase in accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$217.00K	USD	1 Quarter
Increase in accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$789.00K	USD	1 Quarter
Increase in accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$789.00K	USD	1 Quarter
(Decrease) increase in other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$410.00K	USD	1 Quarter
(Decrease) increase in other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$410.00K	USD	1 Quarter
(Decrease) increase in other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-185.00K	USD	1 Quarter
(Decrease) increase in other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-185.00K	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$6.71M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$6.71M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$9.51M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$9.51M	USD	1 Quarter
Origination and purchase of mortgage loan receivables	`PaymentsToAcquireLoansHeldForInvestment`	$202.07M	USD	1 Quarter
Origination and purchase of mortgage loan receivables	`PaymentsToAcquireLoansHeldForInvestment`	$202.07M	USD	1 Quarter
Origination and purchase of mortgage loan receivables	`PaymentsToAcquireLoansHeldForInvestment`	$2.95M	USD	1 Quarter
Origination and purchase of mortgage loan receivables	`PaymentsToAcquireLoansHeldForInvestment`	$2.95M	USD	1 Quarter
Subsequent draws on mortgage loan receivables	`PaymentsToSubsequentDrawsOnMortgageLoanReceivables`	-	USD	1 Quarter
Subsequent draws on mortgage loan receivables	`PaymentsToSubsequentDrawsOnMortgageLoanReceivables`	-	USD	1 Quarter
Subsequent draws on mortgage loan receivables	`PaymentsToSubsequentDrawsOnMortgageLoanReceivables`	$3.91M	USD	1 Quarter
Subsequent draws on mortgage loan receivables	`PaymentsToSubsequentDrawsOnMortgageLoanReceivables`	$3.91M	USD	1 Quarter
Repayment of mortgage loan receivables	`ProceedsFromPrincipalRepaymentsOnLoansAndLeasesHeldForInvestment`	$126.16M	USD	1 Quarter
Repayment of mortgage loan receivables	`ProceedsFromPrincipalRepaymentsOnLoansAndLeasesHeldForInvestment`	$126.16M	USD	1 Quarter
Repayment of mortgage loan receivables	`ProceedsFromPrincipalRepaymentsOnLoansAndLeasesHeldForInvestment`	$12.00M	USD	1 Quarter
Repayment of mortgage loan receivables	`ProceedsFromPrincipalRepaymentsOnLoansAndLeasesHeldForInvestment`	$12.00M	USD	1 Quarter
Distributions from equity method investments in excess of earnings	`ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital`	-	USD	1 Quarter
Distributions from equity method investments in excess of earnings	`ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital`	-	USD	1 Quarter
Distributions from equity method investments in excess of earnings	`ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital`	$1.75M	USD	1 Quarter
Distributions from equity method investments in excess of earnings	`ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital`	$1.75M	USD	1 Quarter
Net cash (used for) provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-78.08M	USD	1 Quarter
Net cash (used for) provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-78.08M	USD	1 Quarter
Net cash (used for) provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$9.05M	USD	1 Quarter
Net cash (used for) provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$9.05M	USD	1 Quarter
Issuance of common units	`ProceedsFromIssuanceOfCommonStock`	$2.99M	USD	1 Quarter
Issuance of common units	`ProceedsFromIssuanceOfCommonStock`	$2.99M	USD	1 Quarter
Issuance of common units	`ProceedsFromIssuanceOfCommonStock`	$3.08M	USD	1 Quarter
Issuance of common units	`ProceedsFromIssuanceOfCommonStock`	$3.08M	USD	1 Quarter
Distributions paid	`PaymentsOfDistributionsToAffiliates`	$8.23M	USD	1 Quarter
Distributions paid	`PaymentsOfDistributionsToAffiliates`	$8.23M	USD	1 Quarter
Distributions paid	`PaymentsOfDistributionsToAffiliates`	$8.27M	USD	1 Quarter
Distributions paid	`PaymentsOfDistributionsToAffiliates`	$8.27M	USD	1 Quarter
Decrease in redemption payable	`DecreaseInRedemptionPayable`	$4.09M	USD	1 Quarter
Decrease in redemption payable	`DecreaseInRedemptionPayable`	$4.09M	USD	1 Quarter
Decrease in redemption payable	`DecreaseInRedemptionPayable`	-	USD	1 Quarter
Decrease in redemption payable	`DecreaseInRedemptionPayable`	-	USD	1 Quarter
Credit facility borrowings	`ProceedsFromLongTermLinesOfCredit`	$203.70M	USD	1 Quarter
Credit facility borrowings	`ProceedsFromLongTermLinesOfCredit`	$203.70M	USD	1 Quarter
Credit facility borrowings	`ProceedsFromLongTermLinesOfCredit`	-	USD	1 Quarter
Credit facility borrowings	`ProceedsFromLongTermLinesOfCredit`	-	USD	1 Quarter
Credit facility paydowns	`RepaymentsOfLongTermLinesOfCredit`	$108.70M	USD	1 Quarter
Credit facility paydowns	`RepaymentsOfLongTermLinesOfCredit`	$108.70M	USD	1 Quarter
Credit facility paydowns	`RepaymentsOfLongTermLinesOfCredit`	-	USD	1 Quarter
Credit facility paydowns	`RepaymentsOfLongTermLinesOfCredit`	-	USD	1 Quarter
Repurchase agreement borrowings	`ProceedsFromIssuanceOfOtherLongTermDebt`	-	USD	1 Quarter
Repurchase agreement borrowings	`ProceedsFromIssuanceOfOtherLongTermDebt`	-	USD	1 Quarter
Repurchase agreement borrowings	`ProceedsFromIssuanceOfOtherLongTermDebt`	$41.30M	USD	1 Quarter
Repurchase agreement borrowings	`ProceedsFromIssuanceOfOtherLongTermDebt`	$41.30M	USD	1 Quarter
Repurchase agreement paydowns	`RepaymentsOfOtherLongTermDebt`	$447.00K	USD	1 Quarter
Repurchase agreement paydowns	`RepaymentsOfOtherLongTermDebt`	$447.00K	USD	1 Quarter
Repurchase agreement paydowns	`RepaymentsOfOtherLongTermDebt`	$9.60M	USD	1 Quarter
Repurchase agreement paydowns	`RepaymentsOfOtherLongTermDebt`	$9.60M	USD	1 Quarter
Note payable borrowings	`ProceedsFromNotesPayable`	-	USD	1 Quarter
Note payable borrowings	`ProceedsFromNotesPayable`	-	USD	1 Quarter
Note payable borrowings	`ProceedsFromNotesPayable`	-	USD	1 Quarter
Note payable borrowings	`ProceedsFromNotesPayable`	-	USD	1 Quarter
Note payable paydowns	`RepaymentsOfNotesPayable`	-	USD	1 Quarter
Note payable paydowns	`RepaymentsOfNotesPayable`	-	USD	1 Quarter
Note payable paydowns	`RepaymentsOfNotesPayable`	$55.25M	USD	1 Quarter
Note payable paydowns	`RepaymentsOfNotesPayable`	$55.25M	USD	1 Quarter
Deferred financing costs paid	`PaymentsOfFinancingCosts`	$63.00K	USD	1 Quarter
Deferred financing costs paid	`PaymentsOfFinancingCosts`	$63.00K	USD	1 Quarter
Deferred financing costs paid	`PaymentsOfFinancingCosts`	$36.00K	USD	1 Quarter
Deferred financing costs paid	`PaymentsOfFinancingCosts`	$36.00K	USD	1 Quarter
Net cash provided by (used for) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$71.25M	USD	1 Quarter
Net cash provided by (used for) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$71.25M	USD	1 Quarter
Net cash provided by (used for) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-14.88M	USD	1 Quarter
Net cash provided by (used for) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-14.88M	USD	1 Quarter
Net (decrease) increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-113.00K	USD	1 Quarter
Net (decrease) increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-113.00K	USD	1 Quarter
Net (decrease) increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$3.67M	USD	1 Quarter
Net (decrease) increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$3.67M	USD	1 Quarter
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$26.62M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$26.62M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$30.30M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$30.30M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$10.91M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$10.91M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$10.80M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$10.80M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$26.62M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$26.62M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$30.30M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$30.30M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$10.91M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$10.91M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$10.80M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$10.80M	USD	Point-in-time
Cash paid during the period for interest	`InterestPaidNet`	$9.13M	USD	1 Quarter
Cash paid during the period for interest	`InterestPaidNet`	$9.13M	USD	1 Quarter
Cash paid during the period for interest	`InterestPaidNet`	$8.36M	USD	1 Quarter
Cash paid during the period for interest	`InterestPaidNet`	$8.36M	USD	1 Quarter
Redemptions payable	`RedemptionsPayable`	$2.92M	USD	1 Quarter
Redemptions payable	`RedemptionsPayable`	$2.92M	USD	1 Quarter
Redemptions payable	`RedemptionsPayable`	-	USD	1 Quarter
Redemptions payable	`RedemptionsPayable`	-	USD	1 Quarter

Stockholders Equity 38 line items

Line Item	Tag	Value	Unit	Period
Members' capital, Beginning balance (Value)	`MembersEquity`	$344.11M	USD	Point-in-time
Members' capital, Beginning balance (Value)	`MembersEquity`	$344.11M	USD	Point-in-time
Members' capital, Beginning balance (Value)	`MembersEquity`	$288.02M	USD	Point-in-time
Members' capital, Beginning balance (Value)	`MembersEquity`	$288.02M	USD	Point-in-time
Members' capital, Beginning balance (Value)	`MembersEquity`	$289.18M	USD	Point-in-time
Members' capital, Beginning balance (Value)	`MembersEquity`	$289.18M	USD	Point-in-time
Members' capital, Beginning balance (Value)	`MembersEquity`	$341.33M	USD	Point-in-time
Members' capital, Beginning balance (Value)	`MembersEquity`	$341.33M	USD	Point-in-time
Members' capital, Beginning balance (Shares)	`CommonUnitOutstanding`	36.30M	shares	Point-in-time
Members' capital, Beginning balance (Shares)	`CommonUnitOutstanding`	36.30M	shares	Point-in-time
Members' capital, Beginning balance (Shares)	`CommonUnitOutstanding`	36.29M	shares	Point-in-time
Members' capital, Beginning balance (Shares)	`CommonUnitOutstanding`	36.29M	shares	Point-in-time
Issuance of common units (Value)	`StockIssuedDuringPeriodValueNewIssues`	$3.08M	USD	1 Quarter
Issuance of common units (Value)	`StockIssuedDuringPeriodValueNewIssues`	$3.08M	USD	1 Quarter
Issuance of common units (Value)	`StockIssuedDuringPeriodValueNewIssues`	$2.99M	USD	1 Quarter
Issuance of common units (Value)	`StockIssuedDuringPeriodValueNewIssues`	$2.99M	USD	1 Quarter
Redemption of common units (Value)	`StockRedeemedOrCalledDuringPeriodValue`	$2.92M	USD	1 Quarter
Redemption of common units (Value)	`StockRedeemedOrCalledDuringPeriodValue`	$2.92M	USD	1 Quarter
Net Income	`NetIncomeLoss`	$5.07M	USD	1 Quarter
Net Income	`NetIncomeLoss`	$5.07M	USD	1 Quarter
Net Income	`NetIncomeLoss`	$3.99M	USD	1 Quarter
Net Income	`NetIncomeLoss`	$3.99M	USD	1 Quarter
Distributions declared	`DistributionMadeToLimitedLiabilityCompanyLLCMemberCashDistributionsDeclared`	$8.14M	USD	1 Quarter
Distributions declared	`DistributionMadeToLimitedLiabilityCompanyLLCMemberCashDistributionsDeclared`	$8.14M	USD	1 Quarter
Distributions declared	`DistributionMadeToLimitedLiabilityCompanyLLCMemberCashDistributionsDeclared`	$8.01M	USD	1 Quarter
Distributions declared	`DistributionMadeToLimitedLiabilityCompanyLLCMemberCashDistributionsDeclared`	$8.01M	USD	1 Quarter
Members' capital, Ending balance (Value)	`MembersEquity`	$344.11M	USD	Point-in-time
Members' capital, Ending balance (Value)	`MembersEquity`	$344.11M	USD	Point-in-time
Members' capital, Ending balance (Value)	`MembersEquity`	$288.02M	USD	Point-in-time
Members' capital, Ending balance (Value)	`MembersEquity`	$288.02M	USD	Point-in-time
Members' capital, Ending balance (Value)	`MembersEquity`	$289.18M	USD	Point-in-time
Members' capital, Ending balance (Value)	`MembersEquity`	$289.18M	USD	Point-in-time
Members' capital, Ending balance (Value)	`MembersEquity`	$341.33M	USD	Point-in-time
Members' capital, Ending balance (Value)	`MembersEquity`	$341.33M	USD	Point-in-time
Members' capital, Ending balance (Shares)	`CommonUnitOutstanding`	36.30M	shares	Point-in-time
Members' capital, Ending balance (Shares)	`CommonUnitOutstanding`	36.30M	shares	Point-in-time
Members' capital, Ending balance (Shares)	`CommonUnitOutstanding`	36.29M	shares	Point-in-time
Members' capital, Ending balance (Shares)	`CommonUnitOutstanding`	36.29M	shares	Point-in-time

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