10-Q Filing

AB COMMERCIAL REAL ESTATE PRIVATE DEBT FUND, LLC CIK: 1876255 Q2 2023

Filing Information

Form Type	10-Q
Accession Number	`0001193125-23-208557`
Period End Date	20230630
Filing Date	20230810
Fiscal Year	2023
Fiscal Period	Q2
XBRL Instance	d523476d10q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 47 Income Statement 86 Cash Flow Statement 74 Stockholders Equity 28

Balance Sheet 47 line items

Line Item	Tag	Value	Unit	Period
Common unit, issued	`CommonUnitIssued`	16.85M	shares	Point-in-time
Common unit, issued	`CommonUnitIssued`	11.42M	shares	Point-in-time
Common unit, outstanding	`CommonUnitOutstanding`	11.42M	shares	Point-in-time
Common unit, outstanding	`CommonUnitOutstanding`	16.85M	shares	Point-in-time
Mortgage loans receivable	`MortgageLoansOnRealEstate`	$465.95M	USD	Point-in-time
Mortgage loans receivable	`MortgageLoansOnRealEstate`	$264.90M	USD	Point-in-time
Allowance for credit losses	`AllowanceForLoanAndLeaseLossesRealEstate`	$2.48M	USD	Point-in-time
Allowance for credit losses	`AllowanceForLoanAndLeaseLossesRealEstate`	$1.60M	USD	Point-in-time
Equity method investments	`EquityMethodInvestments`	$55.84M	USD	Point-in-time
Equity method investments	`EquityMethodInvestments`	$58.54M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$6.78M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$5.20M	USD	Point-in-time
Accrued interest receivable	`InterestReceivable`	$2.32M	USD	Point-in-time
Accrued interest receivable	`InterestReceivable`	$1.42M	USD	Point-in-time
Other assets	`OtherAssets`	$27.00K	USD	Point-in-time
Deferred financing costs, net	`DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet`	$742.00K	USD	Point-in-time
Deferred financing costs, net	`DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet`	$532.00K	USD	Point-in-time
Total assets	`Assets`	$529.16M	USD	Point-in-time
Total assets	`Assets`	$330.08M	USD	Point-in-time
Debt obligations	`LongTermDebt`	$211.45M	USD	Point-in-time
Debt obligations	`LongTermDebt`	$357.53M	USD	Point-in-time
Distribution payable	`DividendsPayableCurrentAndNoncurrent`	$4.90M	USD	Point-in-time
Distribution payable	`DividendsPayableCurrentAndNoncurrent`	$4.33M	USD	Point-in-time
Incentive fee payable	`IncentiveFeesPayable`	$268.00K	USD	Point-in-time
Incentive fee payable	`IncentiveFeesPayable`	$680.00K	USD	Point-in-time
Management fee payable	`ManagementFeePayable`	$865.00K	USD	Point-in-time
Management fee payable	`ManagementFeePayable`	$521.00K	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent`	$2.34M	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent`	$2.08M	USD	Point-in-time
Other liabilities	`OtherLiabilities`	$82.00K	USD	Point-in-time
Other liabilities	`OtherLiabilities`	$276.00K	USD	Point-in-time
Total Liabilities	`Liabilities`	$365.56M	USD	Point-in-time
Total Liabilities	`Liabilities`	$219.91M	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 (16,850,577 and 11,424,012 units issued and outstanding at June 30, 2023 and December 31, 2022, respectively)	`CommonUnitIssuanceValue`	$165.51M	USD	Point-in-time
Common units (16,850,577 and 11,424,012 units issued and outstanding at June 30, 2023 and December 31, 2022, respectively)	`CommonUnitIssuanceValue`	$112.60M	USD	Point-in-time
Distributions in excess of earnings	`RetainedEarningsAccumulatedDeficit`	$-2.43M	USD	Point-in-time
Distributions in excess of earnings	`RetainedEarningsAccumulatedDeficit`	$-1.91M	USD	Point-in-time
Total members' capital	`MembersEquity`	$163.60M	USD	Point-in-time
Total members' capital	`MembersEquity`	$41.43M	USD	Point-in-time
Total members' capital	`MembersEquity`	$111.69M	USD	Point-in-time
Total members' capital	`MembersEquity`	$65.03M	USD	Point-in-time
Total members' capital	`MembersEquity`	$110.17M	USD	Point-in-time
Total members' capital	`MembersEquity`	$20.83M	USD	Point-in-time
Total liabilities and members' capital	`LiabilitiesAndStockholdersEquity`	$529.16M	USD	Point-in-time
Total liabilities and members' capital	`LiabilitiesAndStockholdersEquity`	$330.08M	USD	Point-in-time

Income Statement 86 line items

Line Item	Tag	Value	Unit	Period
Interest income net of amortization/accretion	`InterestAndFeeIncomeLoansAndLeases`	$17.79M	USD	2 Qtrs
Interest income net of amortization/accretion	`InterestAndFeeIncomeLoansAndLeases`	$2.07M	USD	1 Quarter
Interest income net of amortization/accretion	`InterestAndFeeIncomeLoansAndLeases`	$3.27M	USD	2 Qtrs
Interest income net of amortization/accretion	`InterestAndFeeIncomeLoansAndLeases`	$11.14M	USD	1 Quarter
Interest expense	`InterestExpense`	$6.74M	USD	1 Quarter
Interest expense	`InterestExpense`	$974.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$1.48M	USD	2 Qtrs
Interest expense	`InterestExpense`	$10.78M	USD	2 Qtrs
Net interest income	`InterestIncomeExpenseNet`	$1.79M	USD	2 Qtrs
Net interest income	`InterestIncomeExpenseNet`	$4.41M	USD	1 Quarter
Net interest income	`InterestIncomeExpenseNet`	$7.01M	USD	2 Qtrs
Net interest income	`InterestIncomeExpenseNet`	$1.10M	USD	1 Quarter
Provision for credit losses	`ProvisionForLoanLeaseAndOtherLosses`	$877.00K	USD	2 Qtrs
Provision for credit losses	`ProvisionForLoanLeaseAndOtherLosses`	$1.29M	USD	2 Qtrs
Provision for credit losses	`ProvisionForLoanLeaseAndOtherLosses`	$739.00K	USD	1 Quarter
Provision for credit losses	`ProvisionForLoanLeaseAndOtherLosses`	$-149.00K	USD	1 Quarter
Net interest income after provision for credit losses	`InterestIncomeExpenseAfterProvisionForLoanLoss`	$501.00K	USD	2 Qtrs
Net interest income after provision for credit losses	`InterestIncomeExpenseAfterProvisionForLoanLoss`	$6.13M	USD	2 Qtrs
Net interest income after provision for credit losses	`InterestIncomeExpenseAfterProvisionForLoanLoss`	$360.00K	USD	1 Quarter
Net interest income after provision for credit losses	`InterestIncomeExpenseAfterProvisionForLoanLoss`	$4.55M	USD	1 Quarter
Management fees (see Note 8)	`ManagementFees`	$357.00K	USD	2 Qtrs
Management fees (see Note 8)	`ManagementFees`	$229.00K	USD	1 Quarter
Management fees (see Note 8)	`ManagementFees`	$918.00K	USD	2 Qtrs
Management fees (see Note 8)	`ManagementFees`	$521.00K	USD	1 Quarter
Incentive fees (see Note 8)	`IncentiveFeeExpense`	$421.00K	USD	1 Quarter
Incentive fees (see Note 8)	`IncentiveFeeExpense`	-	USD	1 Quarter
Incentive fees (see Note 8)	`IncentiveFeeExpense`	$680.00K	USD	2 Qtrs
Incentive fees (see Note 8)	`IncentiveFeeExpense`	-	USD	2 Qtrs
Professional fees	`ProfessionalFees`	$220.00K	USD	1 Quarter
Professional fees	`ProfessionalFees`	$633.00K	USD	2 Qtrs
Professional fees	`ProfessionalFees`	$434.00K	USD	2 Qtrs
Professional fees	`ProfessionalFees`	$402.00K	USD	1 Quarter
Administration and custodian fees	`AdministrationAndCustodianFees`	$8.00K	USD	1 Quarter
Administration and custodian fees	`AdministrationAndCustodianFees`	$71.00K	USD	1 Quarter
Administration and custodian fees	`AdministrationAndCustodianFees`	$130.00K	USD	2 Qtrs
Administration and custodian fees	`AdministrationAndCustodianFees`	$61.00K	USD	2 Qtrs
Other expenses	`OtherGeneralExpense`	$37.00K	USD	2 Qtrs
Other expenses	`OtherGeneralExpense`	$34.00K	USD	1 Quarter
Other expenses	`OtherGeneralExpense`	$7.00K	USD	1 Quarter
Other expenses	`OtherGeneralExpense`	$5.00K	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$857.00K	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$464.00K	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$2.40M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$1.45M	USD	1 Quarter
Reimbursement - Investment Manager (see Note 8)	`ReimbursementInvestmentManager`	$178.00K	USD	1 Quarter
Reimbursement - Investment Manager (see Note 8)	`ReimbursementInvestmentManager`	$216.00K	USD	2 Qtrs
Reimbursement - Investment Manager (see Note 8)	`ReimbursementInvestmentManager`	$77.00K	USD	1 Quarter
Reimbursement - Investment Manager (see Note 8)	`ReimbursementInvestmentManager`	$269.00K	USD	2 Qtrs
Waived management fees (see Note 8)	`WaivedManagementFees`	-	USD	1 Quarter
Waived management fees (see Note 8)	`WaivedManagementFees`	-	USD	2 Qtrs
Waived management fees (see Note 8)	`WaivedManagementFees`	$185.00K	USD	1 Quarter
Waived management fees (see Note 8)	`WaivedManagementFees`	$300.00K	USD	2 Qtrs
Income from equity method investments	`IncomeLossFromEquityMethodInvestments`	$1.62M	USD	1 Quarter
Income from equity method investments	`IncomeLossFromEquityMethodInvestments`	$176.00K	USD	2 Qtrs
Income from equity method investments	`IncomeLossFromEquityMethodInvestments`	$176.00K	USD	1 Quarter
Income from equity method investments	`IncomeLossFromEquityMethodInvestments`	$3.35M	USD	2 Qtrs
Other income	`MiscellaneousOtherOperatingIncome`	$18.00K	USD	1 Quarter
Other income	`MiscellaneousOtherOperatingIncome`	$110.00K	USD	1 Quarter
Other income	`MiscellaneousOtherOperatingIncome`	$17.00K	USD	2 Qtrs
Other income	`MiscellaneousOtherOperatingIncome`	$141.00K	USD	2 Qtrs
Total other income	`OtherOperatingIncome`	$3.71M	USD	2 Qtrs
Total other income	`OtherOperatingIncome`	$762.00K	USD	2 Qtrs
Total other income	`OtherOperatingIncome`	$1.91M	USD	1 Quarter
Total other income	`OtherOperatingIncome`	$456.00K	USD	1 Quarter
Net Income	`NetIncomeLoss`	$5.01M	USD	1 Quarter
Net Income	`NetIncomeLoss`	$2.43M	USD	1 Quarter
Net Income	`NetIncomeLoss`	$55.00K	USD	1 Quarter
Net Income	`NetIncomeLoss`	$406.00K	USD	2 Qtrs
Net Income	`NetIncomeLoss`	$7.44M	USD	2 Qtrs
Net Income	`NetIncomeLoss`	$352.00K	USD	1 Quarter
Net income per unit, Basic	`EarningsPerShareBasic`	$0.05	USD	1 Quarter
Net income per unit, Basic	`EarningsPerShareBasic`	$0.33	USD	1 Quarter
Net income per unit, Basic	`EarningsPerShareBasic`	$0.08	USD	2 Qtrs
Net income per unit, Basic	`EarningsPerShareBasic`	$0.56	USD	2 Qtrs
Net income per unit, Diluted	`EarningsPerShareDiluted`	$0.08	USD	2 Qtrs
Net income per unit, Diluted	`EarningsPerShareDiluted`	$0.56	USD	2 Qtrs
Net income per unit, Diluted	`EarningsPerShareDiluted`	$0.05	USD	1 Quarter
Net income per unit, Diluted	`EarningsPerShareDiluted`	$0.33	USD	1 Quarter
Weighted average units outstanding, Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	15.06M	shares	1 Quarter
Weighted average units outstanding, Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	5.00M	shares	2 Qtrs
Weighted average units outstanding, Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	6.52M	shares	1 Quarter
Weighted average units outstanding, Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	13.31M	shares	2 Qtrs
Weighted average units outstanding, Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	13.31M	shares	2 Qtrs
Weighted average units outstanding, Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	5.00M	shares	2 Qtrs
Weighted average units outstanding, Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	15.06M	shares	1 Quarter
Weighted average units outstanding, Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	6.52M	shares	1 Quarter

Cash Flow Statement 74 line items

Line Item	Tag	Value	Unit	Period
Net Income	`NetIncomeLoss`	$5.01M	USD	1 Quarter
Net Income	`NetIncomeLoss`	$2.43M	USD	1 Quarter
Net Income	`NetIncomeLoss`	$55.00K	USD	1 Quarter
Net Income	`NetIncomeLoss`	$406.00K	USD	2 Qtrs
Net Income	`NetIncomeLoss`	$7.44M	USD	2 Qtrs
Net Income	`NetIncomeLoss`	$352.00K	USD	1 Quarter
Amortization of net loan fees and discount/premiums on loans receivable	`AmortizationOfNetLoanFeesAndDiscountPremiumsOnLoansReceivable`	$1.19M	USD	2 Qtrs
Amortization of net loan fees and discount/premiums on loans receivable	`AmortizationOfNetLoanFeesAndDiscountPremiumsOnLoansReceivable`	$196.00K	USD	2 Qtrs
Income from equity method investments	`IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions`	$176.00K	USD	2 Qtrs
Income from equity method investments	`IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions`	$3.35M	USD	2 Qtrs
Distributions of earnings from equity method investments	`DistributedEarnings`	$2.51M	USD	2 Qtrs
Distributions of earnings from equity method investments	`DistributedEarnings`	-	USD	2 Qtrs
Amortization of deferred financing costs	`AmortizationOfFinancingCosts`	$404.00K	USD	2 Qtrs
Amortization of deferred financing costs	`AmortizationOfFinancingCosts`	$188.00K	USD	2 Qtrs
Provision for credit loss	`ProvisionForLoanLeaseAndOtherLosses`	$877.00K	USD	2 Qtrs
Provision for credit loss	`ProvisionForLoanLeaseAndOtherLosses`	$1.29M	USD	2 Qtrs
Provision for credit loss	`ProvisionForLoanLeaseAndOtherLosses`	$739.00K	USD	1 Quarter
Provision for credit loss	`ProvisionForLoanLeaseAndOtherLosses`	$-149.00K	USD	1 Quarter
(Increase) in accrued interest receivable	`IncreaseDecreaseInAccruedInterestReceivableNet`	$443.00K	USD	2 Qtrs
(Increase) in accrued interest receivable	`IncreaseDecreaseInAccruedInterestReceivableNet`	$907.00K	USD	2 Qtrs
(Increase) in other assets	`IncreaseDecreaseInOtherOperatingAssets`	$27.00K	USD	2 Qtrs
(Increase) in other assets	`IncreaseDecreaseInOtherOperatingAssets`	$23.00K	USD	2 Qtrs
(Increase) in prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$37.00K	USD	2 Qtrs
(Increase) in prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	-	USD	2 Qtrs
Decrease (increase) in reimbursement receivable	`IncreaseDecreaseInDueFromRelatedParties`	$269.00K	USD	2 Qtrs
Decrease (increase) in reimbursement receivable	`IncreaseDecreaseInDueFromRelatedParties`	$-713.00K	USD	2 Qtrs
Increase in related party payables and accrued expenses	`IncreaseDecreaseInDueToRelatedParties`	$17.00K	USD	2 Qtrs
Increase in related party payables and accrued expenses	`IncreaseDecreaseInDueToRelatedParties`	$421.00K	USD	2 Qtrs
Increase in incentive fee payable	`IncreaseDecreaseInIncentiveFeesPayable`	-	USD	2 Qtrs
Increase in incentive fee payable	`IncreaseDecreaseInIncentiveFeesPayable`	$411.00K	USD	2 Qtrs
(Decrease) increase in management fee payable	`IncreaseDecreaseInManagementFeesPayable`	$-345.00K	USD	2 Qtrs
(Decrease) increase in management fee payable	`IncreaseDecreaseInManagementFeesPayable`	$57.00K	USD	2 Qtrs
Increase in accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$221.00K	USD	2 Qtrs
Increase in accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$260.00K	USD	2 Qtrs
(Decrease) in other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-194.00K	USD	2 Qtrs
(Decrease) in other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-94.00K	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$1.34M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$6.62M	USD	2 Qtrs
Origination and purchase of mortgage loan receivables	`PaymentsToAcquireLoansHeldForInvestment`	$78.33M	USD	2 Qtrs
Origination and purchase of mortgage loan receivables	`PaymentsToAcquireLoansHeldForInvestment`	$199.86M	USD	2 Qtrs
Purchase of equity method investments	`PaymentsToAcquireEquityMethodInvestments`	$74.65M	USD	2 Qtrs
Purchase of equity method investments	`PaymentsToAcquireEquityMethodInvestments`	-	USD	2 Qtrs
Distributions from equity method investments in excess of earnings	`ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital`	-	USD	2 Qtrs
Distributions from equity method investments in excess of earnings	`ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital`	$3.54M	USD	2 Qtrs
Net cash used for investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-196.33M	USD	2 Qtrs
Net cash used for investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-152.98M	USD	2 Qtrs
Issuance of common units	`ProceedsFromIssuanceOfCommonStock`	$52.91M	USD	2 Qtrs
Issuance of common units	`ProceedsFromIssuanceOfCommonStock`	$43.80M	USD	2 Qtrs
Distributions paid	`PaymentsOfDistributionsToAffiliates`	$7.50M	USD	2 Qtrs
Distributions paid	`PaymentsOfDistributionsToAffiliates`	-	USD	2 Qtrs
Line of credit borrowings	`ProceedsFromLongTermLinesOfCredit`	$104.50M	USD	2 Qtrs
Line of credit borrowings	`ProceedsFromLongTermLinesOfCredit`	$108.40M	USD	2 Qtrs
Line of credit paydowns	`RepaymentsOfLongTermLinesOfCredit`	$96.40M	USD	2 Qtrs
Line of credit paydowns	`RepaymentsOfLongTermLinesOfCredit`	$109.80M	USD	2 Qtrs
Repurchase agreement borrowings	`ProceedsFromIssuanceOfOtherLongTermDebt`	$25.75M	USD	2 Qtrs
Repurchase agreement borrowings	`ProceedsFromIssuanceOfOtherLongTermDebt`	$97.09M	USD	2 Qtrs
Note payable borrowings	`ProceedsFromNotesPayable`	-	USD	2 Qtrs
Note payable borrowings	`ProceedsFromNotesPayable`	$125.63M	USD	2 Qtrs
Deferred financing costs paid	`PaymentsOfFinancingCosts`	$194.00K	USD	2 Qtrs
Deferred financing costs paid	`PaymentsOfFinancingCosts`	$451.00K	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$191.29M	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$152.44M	USD	2 Qtrs
Net increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$1.58M	USD	2 Qtrs
Net increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$804.00K	USD	2 Qtrs
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$3.91M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$3.11M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$5.20M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$6.78M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$3.91M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$3.11M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$5.20M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$6.78M	USD	Point-in-time
Cash paid during the period for interest	`InterestPaidNet`	$9.89M	USD	2 Qtrs
Cash paid during the period for interest	`InterestPaidNet`	$1.09M	USD	2 Qtrs

Stockholders Equity 28 line items

Line Item	Tag	Value	Unit	Period
Members' capital, Beginning balance (Value)	`MembersEquity`	$163.60M	USD	Point-in-time
Members' capital, Beginning balance (Value)	`MembersEquity`	$41.43M	USD	Point-in-time
Members' capital, Beginning balance (Value)	`MembersEquity`	$111.69M	USD	Point-in-time
Members' capital, Beginning balance (Value)	`MembersEquity`	$65.03M	USD	Point-in-time
Members' capital, Beginning balance (Value)	`MembersEquity`	$110.17M	USD	Point-in-time
Members' capital, Beginning balance (Value)	`MembersEquity`	$20.83M	USD	Point-in-time
Members' capital, Beginning balance (Shares)	`CommonUnitOutstanding`	11.42M	shares	Point-in-time
Members' capital, Beginning balance (Shares)	`CommonUnitOutstanding`	16.85M	shares	Point-in-time
Issuance of common units (Value)	`StockIssuedDuringPeriodValueNewIssues`	$51.23M	USD	1 Quarter
Issuance of common units (Value)	`StockIssuedDuringPeriodValueNewIssues`	$1.68M	USD	1 Quarter
Issuance of common units (Value)	`StockIssuedDuringPeriodValueNewIssues`	$20.55M	USD	1 Quarter
Issuance of common units (Value)	`StockIssuedDuringPeriodValueNewIssues`	$23.25M	USD	1 Quarter
Net Income	`NetIncomeLoss`	$5.01M	USD	1 Quarter
Net Income	`NetIncomeLoss`	$2.43M	USD	1 Quarter
Net Income	`NetIncomeLoss`	$55.00K	USD	1 Quarter
Net Income	`NetIncomeLoss`	$406.00K	USD	2 Qtrs
Net Income	`NetIncomeLoss`	$7.44M	USD	2 Qtrs
Net Income	`NetIncomeLoss`	$352.00K	USD	1 Quarter
Distributions declared	`DistributionMadeToLimitedLiabilityCompanyLLCMemberCashDistributionsDeclared`	$4.33M	USD	1 Quarter
Distributions declared	`DistributionMadeToLimitedLiabilityCompanyLLCMemberCashDistributionsDeclared`	$2.59M	USD	1 Quarter
Members' capital, Ending balance (Value)	`MembersEquity`	$163.60M	USD	Point-in-time
Members' capital, Ending balance (Value)	`MembersEquity`	$41.43M	USD	Point-in-time
Members' capital, Ending balance (Value)	`MembersEquity`	$111.69M	USD	Point-in-time
Members' capital, Ending balance (Value)	`MembersEquity`	$65.03M	USD	Point-in-time
Members' capital, Ending balance (Value)	`MembersEquity`	$110.17M	USD	Point-in-time
Members' capital, Ending balance (Value)	`MembersEquity`	$20.83M	USD	Point-in-time
Members' capital, Ending balance (Shares)	`CommonUnitOutstanding`	11.42M	shares	Point-in-time
Members' capital, Ending balance (Shares)	`CommonUnitOutstanding`	16.85M	shares	Point-in-time

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