{ "document": "6eefa242f7c5d960", "scans": [ { "page": 5, "status": "figures", "reason": "", "picture_classes": [ "photograph", "photograph", "photograph", "photograph" ], "table_refs": [], "job_id": "cmshc878t064wfm018cfuruoq", "model": "dpt-2", "version": "dpt-2-20260410", "credits": 3.0, "reused": true, "response_artifact": "6eefa242f7c5d960.p5.ade.json", "figures": [ { "page": 5, "text": "\n\nCollateral Type\nLocation\nSelf Storage\nPhiladelphia, PA\nMultifamily\nRoswell, GA\nMedical Office\nSugar Land, TX\nRetail\nPark City, UT\n\nOrigination\nDate\nMay 2026\nMay 2026\nJune 2026\nJuly 2026\n\nCommitment\n$16.0 million\n$36.3 million\n$22.7 million\n$24.3 million\n\nInitial\nMaturity Date\nMay 2029\nMay 2029\nJune 2029\nJuly 2029\n\nCoupon Rate\nS + 4.00%\nS + 3.35%\nS + 3.60%\nS + 3.25%\n\n<::\nImage 1: A blue and yellow self-storage facility with the sign \"snapbox Storage\".\nImage 2: An apartment complex with a swimming pool in front of the buildings.\nImage 3: The entrance to a building with \"Sugar Land Medical Plaza 1327\" written above the door.\nImage 4: A modern retail building with a wooden facade and large windows.\n: figure::>", "box": { "bottom": 0.9061286449432373, "left": 0.031834155321121216, "right": 0.9441759586334229, "top": 0.1475866734981537 }, "chunk_id": "c3603080-b059-4ac1-98a0-757111b9c03d", "job_id": "cmshc878t064wfm018cfuruoq", "picture_ref": "#/pictures/5" } ], "tables": [], "context": [ { "page": 5, "kind": "text", "text": "\n\nNew Loan Investment Activity\n---", "box": { "bottom": 0.1150573343038559, "left": 0.03322930634021759, "right": 0.37894541025161743, "top": 0.05285155400633812 }, "chunk_id": "4805f18c-f520-488f-91e6-59baf56bf64a" }, { "page": 5, "kind": "marginalia", "text": "\n\nQ2 2026", "box": { "bottom": 0.988526463508606, "left": 0.9110978841781616, "right": 0.9607592821121216, "top": 0.9582920074462891 }, "chunk_id": "1fc3d49d-c7b5-438e-85c7-8ffda20916da" }, { "page": 5, "kind": "marginalia", "text": "\n\n5", "box": { "bottom": 0.986171305179596, "left": 0.9715936183929443, "right": 0.9869157075881958, "top": 0.9608185887336731 }, "chunk_id": "11aa737b-c19f-415d-b859-f3e8bc49aac1" } ] }, { "page": 7, "status": "figures", "reason": "", "picture_classes": [ "bar_chart" ], "table_refs": [], "job_id": "cmshc84oa00nwb501lbas5lxd", "model": "dpt-2", "version": "dpt-2-20260410", "credits": 3.0, "reused": true, "response_artifact": "6eefa242f7c5d960.p7.ade.json", "figures": [ { "page": 7, "text": "\n\nDriving Net Interest Margin through selective originations.\n<::chart\nTitle: Driving Net Interest Margin through selective originations.\nType: Stacked Bar Chart with Line Graph Overlay\nX-axis: Year\nLeft Y-axis: Percentage (2.00% to 10.00%)\nRight Y-axis: Percentage (-% to 3.00%)\n\nBar Chart Data:\n- 2022:\n - Dark Green Bar: 4.36%\n - Light Grey Bar (stacked): 1.76%\n - Total Bar Height: 6.12%\n- 2023:\n - Dark Green Bar: 7.23%\n - Light Grey Bar (stacked): 1.77%\n - Total Bar Height: 9.00%\n- 2024:\n - Dark Green Bar: 7.21%\n - Light Grey Bar (stacked): 1.63%\n - Total Bar Height: 8.84%\n- 2025:\n - Dark Green Bar: 6.30%\n - Light Grey Bar (stacked): 1.56%\n - Total Bar Height: 7.86%\n- 2026:\n - Dark Green Bar: 5.81%\n - Light Grey Bar (stacked): 1.56%\n - Total Bar Height: 7.37%\n\nLine Graph Data (Blue Line with Markers):\n- 2022: 1.74%\n- 2023: 1.09%\n- 2024: 1.04%\n- 2025: 1.44%\n- 2026: 1.86%\n\nTable below chart:\n| | 2022 | 2023 | 2024 | 2025 | 2026 |\n|:---|:---|:---|:---|:---|:---|\n| Average Advance Rate | 73.9% | 72.4% | 68.7% | 71.0% | 70.8% |\n: chart::>", "box": { "bottom": 0.8556095957756042, "left": 0.0013101696968078613, "right": 0.6998231410980225, "top": 0.12938916683197021 }, "chunk_id": "bb4ac884-3820-4ba0-a6dc-24112d768561", "job_id": "cmshc84oa00nwb501lbas5lxd", "picture_ref": "#/pictures/7" }, { "page": 7, "text": "\n\n<::transcription of the content\n: legend::>\n\n
\n
\n Coupon Rate - Secured Financing (left axis) (1)\n
\n
\n
\n Coupon Rate - Investments (left axis) (2)\n
\n
\n
\n
\n Originations - Net Interest Margin (right axis) (3)\n
", "box": { "bottom": 0.5508044958114624, "left": 0.6995707750320435, "right": 0.9533745050430298, "top": 0.4455772638320923 }, "chunk_id": "730256f3-415e-41f7-836d-14d04a80fbe7", "job_id": "cmshc84oa00nwb501lbas5lxd", "picture_ref": "#/pictures/31" } ], "tables": [], "context": [ { "page": 7, "kind": "text", "text": "\n\nIncome from Loan Investments, Net - Interest Rate Trends", "box": { "bottom": 0.1108049601316452, "left": 0.033582597970962524, "right": 0.6985437870025635, "top": 0.0507788211107254 }, "chunk_id": "56bb1772-0d0e-41a7-8698-44eb7837c951" }, { "page": 7, "kind": "text", "text": "\n\n(1) Represents the weighted average coupon rate for SEVN's Secured Financing Facilities during the respective period.\n(2) Represents the weighted average coupon rate for SEVN's portfolio of investment loans during the respective period.\n(3) Represents the weighted average net interest margin for originations and acquisitions during the respective period.", "box": { "bottom": 0.9314808249473572, "left": 0.03466063737869263, "right": 0.6116954684257507, "top": 0.8565314412117004 }, "chunk_id": "fd9a702c-9731-4eb3-91ae-8368f2270c73" }, { "page": 7, "kind": "marginalia", "text": "\n\nQ2 2026", "box": { "bottom": 0.9873022437095642, "left": 0.910525918006897, "right": 0.9664304256439209, "top": 0.9581082463264465 }, "chunk_id": "7e0eb73a-2dd5-4e51-a50d-0613580b87c3" }, { "page": 7, "kind": "marginalia", "text": "\n\n7", "box": { "bottom": 0.987914502620697, "left": 0.9703027606010437, "right": 0.9881173968315125, "top": 0.9585493206977844 }, "chunk_id": "0d63a190-95aa-4a46-bd7b-e6c3693e2fe2" } ] }, { "page": 8, "status": "figures", "reason": "", "picture_classes": [ "bar_chart" ], "table_refs": [], "job_id": "cmshc857j06dveq017f7ktx7p", "model": "dpt-2", "version": "dpt-2-20260410", "credits": 3.0, "reused": true, "response_artifact": "6eefa242f7c5d960.p8.ade.json", "figures": [ { "page": 8, "text": "\n\n<::Second Quarter 2026 Loan Portfolio Activity (dollars in millions)\n\nWaterfall chart showing changes in loan portfolio from Q1 2026 to Q2 2026.\n\n- **Q1 2026 Loan Portfolio**: $776.0\n - Unfunded Commitments: $44.0\n - Principal Balance: $732.0\n- **Originations**: $72.0\n - Total: $3.0\n- **Fundings**: $3.5\n- **Repayments**: ($85.2)\n - Total: ($0.5)\n- **Q2 2026 Loan Portfolio**: $765.3\n - Total Loan Commitments: $765.3\n - Unfunded Commitments: $43.0\n - Principal Balance: $722.3\n: waterfall chart::>", "box": { "bottom": 0.9196361303329468, "left": 0.4894561171531677, "right": 0.9858230948448181, "top": 0.13294705748558044 }, "chunk_id": "6ec6230a-8b97-4fc9-9085-43c297481d7c", "job_id": "cmshc857j06dveq017f7ktx7p", "picture_ref": "#/pictures/10" } ], "tables": [ { "page": 8, "cells": [ [ "(dollars in thousands)", "Second Quarter Originations", "As of June 30, 2026" ], [ "Number of loans", "3", "27" ], [ "Average loan commitment", "$24,987", "$28,346" ], [ "Total loan commitments", "$74,960", "$765,343" ], [ "Unfunded loan commitments", "$3,020", "$43,018" ], [ "Principal balance", "$71,940", "$722,325" ], [ "Weighted average coupon rate", "7.19%", "7.29%" ], [ "Weighted average All In Yield", "7.85%", "7.69%" ], [ "Weighted average Maximum Maturity", "4.9", "2.9" ], [ "Weighted average LTV", "71%", "67%" ], [ "Weighted average floor", "3.07%", "2.96%" ], [ "Weighted average risk rating", "3.0", "2.9" ] ], "cell_boxes": [ [ { "bottom": 0.2093506156269329, "left": 0.03822559637713918, "right": 0.23250792644993235, "top": 0.15446103944794803 }, { "bottom": 0.2092468376149761, "left": 0.23250570682494384, "right": 0.33087556627211867, "top": 0.15443891112505376 }, { "bottom": 0.2091942950345818, "left": 0.33086755248605487, "right": 0.4379800640110645, "top": 0.15441481739957985 } ], [ { "bottom": 0.2702061895220379, "left": 0.03822905123427193, "right": 0.23250570682494384, "top": 0.2092468376149761 }, { "bottom": 0.2702161911538544, "left": 0.2325032370808623, "right": 0.33086755248605487, "top": 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"left": 0.038252594051521, "right": 0.23249056126538709, "top": 0.5830764589700568 }, { "bottom": 0.6441297155132837, "left": 0.23248808771679624, "right": 0.33081283376040505, "top": 0.5830681177352218 }, { "bottom": 0.6441124897165843, "left": 0.3308038995423878, "right": 0.4379706016642732, "top": 0.5830590269353064 } ], [ { "bottom": 0.706780750328449, "left": 0.03825644103062961, "right": 0.23248808771679624, "top": 0.6441297155132837 }, { "bottom": 0.7067996743548297, "left": 0.2324855494348494, "right": 0.3308038995423878, "top": 0.6441124897165843 }, { "bottom": 0.7068203046511269, "left": 0.33079472488866857, "right": 0.43796925431988637, "top": 0.6440937134019681 } ], [ { "bottom": 0.7690817621726691, "left": 0.03826038305267453, "right": 0.2324855494348494, "top": 0.7067433629517831 }, { "bottom": 0.7690929116446416, "left": 0.23248302533394505, "right": 0.33079472488866857, "top": 0.706780750328449 }, { "bottom": 0.7691050680932537, "left": 0.3307856078915585, "right": 0.4379678696265995, "top": 0.7067996743548297 } ], [ { "bottom": 0.8305729022576482, "left": 0.038264308492336745, "right": 0.23248302533394505, "top": 0.7690597338995189 }, { "bottom": 0.8306034062127272, "left": 0.2324805340446754, "right": 0.3307856078915585, "top": 0.7690817621726691 }, { "bottom": 0.8306366697408143, "left": 0.3307766054536436, "right": 0.437966494686688, "top": 0.7690929116446416 } ], [ { "bottom": 0.8921372057482275, "left": 0.03826817954007703, "right": 0.2324805340446754, "top": 0.8305126328607872 }, { "bottom": 0.8919854711341028, "left": 0.2324780459386872, "right": 0.3307766054536436, "top": 0.8305729022576482 }, { "bottom": 0.8919086767314555, "left": 0.3307676330515263, "right": 0.43796513637286866, "top": 0.8306034062127272 } ] ], "box": { "bottom": 0.8921372057482273, "left": 0.03822559637713918, "right": 0.4379800640110645, "top": 0.15441481739957985 }, "chunk_id": "7bb659e1-b008-4842-bea0-6a6d42166e6f", "job_id": "cmshc857j06dveq017f7ktx7p", "table_ref": null, "picture_ref": null, "table_id": null } ], "context": [ { "page": 8, "kind": "text", "text": "\n\n# Loan Portfolio Summary\n---", "box": { "bottom": 0.11362946033477783, "left": 0.03457805514335632, "right": 0.3169700801372528, "top": 0.054462265223264694 }, "chunk_id": "2aa9d39e-702c-49a5-886e-6aca82ec230b" }, { "page": 8, "kind": "marginalia", "text": "\n\nQ2 2026", "box": { "bottom": 0.987878143787384, "left": 0.9114816188812256, "right": 0.9607193470001221, "top": 0.9590471386909485 }, "chunk_id": "2bffeb77-4e4a-48ea-9445-a1466f29ab3b" }, { "page": 8, "kind": "marginalia", "text": "\n\n8", "box": { "bottom": 0.9871804714202881, "left": 0.9721825122833252, "right": 0.9872404336929321, "top": 0.9599992036819458 }, "chunk_id": "19309bfd-6935-4b1d-acfb-87b899f18946" } ] }, { "page": 9, "status": "figures", "reason": "", "picture_classes": [ "bar_chart", "pie_chart" ], "table_refs": [], "job_id": "cmshc85b106dweq015gqrjdl0", "model": "dpt-2", "version": "dpt-2-20260410", "credits": 3.0, "reused": true, "response_artifact": "6eefa242f7c5d960.p9.ade.json", "figures": [ { "page": 9, "text": "\n\n<::Loan Originations by Quarter (dollars in millions)\n\nThis is a stacked bar chart showing loan originations by quarter, with a table below it showing loan counts.\n\nLegend:\nTotal Loan Commitments\nUnfunded Commitments (top part of stack)\nPrincipal Balance (bottom part of stack)\n\nData for each quarter:\n\nQ2 2025:\n Total Loan Commitments: $46.0\n Unfunded Commitments: $5.2\n Principal Balance: $40.8\n\nQ3 2025:\n Total Loan Commitments: $34.5\n Unfunded Commitments: $ -\n Principal Balance: $34.5\n\nQ4 2025:\n Total Loan Commitments: $101.3\n Unfunded Commitments: $11.9\n Principal Balance: $89.4\n\nQ1 2026:\n Total Loan Commitments: $67.5\n Unfunded Commitments: $9.4\n Principal Balance: $58.1\n\nQ2 2026:\n Total Loan Commitments: $75.0\n Unfunded Commitments: $3.0\n Principal Balance: $72.0\n\nTable below the chart:\n| Quarter | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 |\n|---|---|---|---|---|---|\n| Loan Count | 2 | 1 | 3 | 3 | 3 |\n: chart and table::>", "box": { "bottom": 0.8617165684700012, "left": 0.003967553377151489, "right": 0.673656702041626, "top": 0.13358116149902344 }, "chunk_id": "fc18f3e2-8369-4ccc-82e7-5204e2d5a1e9", "job_id": "cmshc85b106dweq015gqrjdl0", "picture_ref": "#/pictures/11" }, { "page": 9, "text": "\n\nGeographic Region (1)\nMidwest\n3%\n\n<::visual content\n: donut chart::>\n\nWest\n24%\nSouth\n40%\n\nEast\n33%\n\nProperty Type (1)\nMedical Office\n7%\nOffice\n19%\n\n<::visual content\n: donut chart::>\n\nOther\n7%\nStudent Housing\n17%\n\nSelf Storage\n9%\n\nMultifamily\n9%\n\nIndustrial\n16%\nHotel\n16%", "box": { "bottom": 0.8677217960357666, "left": 0.7025050520896912, "right": 0.9656394124031067, "top": 0.1548270881175995 }, "chunk_id": "fe058cbd-0531-44fd-9299-fa6b359fbab0", "job_id": "cmshc85b106dweq015gqrjdl0", "picture_ref": "#/pictures/13" } ], "tables": [], "context": [ { "page": 9, "kind": "text", "text": "\n\nLoan Portfolio Investment Activity and Diversity", "box": { "bottom": 0.11292680352926254, "left": 0.0349867045879364, "right": 0.5790754556655884, "top": 0.050902433693408966 }, "chunk_id": "6d3e137b-0073-4429-a1a5-712940723503" }, { "page": 9, "kind": "text", "text": "\n\n(1) Based on principal balance of loans held for investment as of June 30, 2026.", "box": { "bottom": 0.9318806529045105, "left": 0.03595355153083801, "right": 0.4200173616409302, "top": 0.899091899394989 }, "chunk_id": "3d7a0cf0-893c-49cd-a8c5-3837135a0466" }, { "page": 9, "kind": "marginalia", "text": "\n\nQ2 2026", "box": { "bottom": 0.9880223274230957, "left": 0.9113778471946716, "right": 0.9607531428337097, "top": 0.9587247371673584 }, "chunk_id": "455086d1-9b11-49d3-aaf6-90938d7b7248" }, { "page": 9, "kind": "marginalia", "text": "\n\n9", "box": { "bottom": 0.9868094325065613, "left": 0.9724586606025696, "right": 0.9863511919975281, "top": 0.9601917862892151 }, "chunk_id": "acfe8b4b-af82-4d73-8236-ccafed0843db" } ] }, { "page": 10, "status": "figures", "reason": "", "picture_classes": [ "bar_chart" ], "table_refs": [], "job_id": "cmshc850n00nxb501hdr68qkx", "model": "dpt-2", "version": "dpt-2-20260410", "credits": 3.0, "reused": true, "response_artifact": "6eefa242f7c5d960.p10.ade.json", "figures": [ { "page": 10, "text": "\n\n<::Loan to Value (1)\n% of Portfolio\n\nWeighted Average\nLTV: 67%\n\nBar chart showing % of Portfolio for different Loan to Value (LTV) ranges:\n- 30% - 60%: 24%\n- 61% - 65%: 13%\n- 66% - 70%: 20%\n- 71% - 75%: 29%\n- 76% - 80%: 14%\n\nTable below the bar chart:\n| Loan Count |\n|---|---|\n| 30% - 60% | 6 |\n| 61% - 65% | 4 |\n| 66% - 70% | 5 |\n| 71% - 75% | 8 |\n| 76% - 80% | 4 |\n: bar chart and table::>", "box": { "bottom": 0.4838721752166748, "left": 0.01096642017364502, "right": 0.9700985550880432, "top": 0.12932467460632324 }, "chunk_id": "03e52dd8-7196-4717-b13c-4198caba7263", "job_id": "cmshc850n00nxb501hdr68qkx", "picture_ref": "#/pictures/15" }, { "page": 10, "text": "\n\n<::\nRisk Rating Distribution (1)\n% of Portfolio\n\nWeighted Average Risk Rating: 2.9\n\nBar chart showing the distribution of portfolio by risk rating:\n- Lower Risk (1): 10%\n- Average Risk (2): 9%\n- Acceptable Risk (3): 59%\n- Higher Risk (4): 22%\n- Impaired/Loss Likely (5): -%\n\nTable showing loan count per risk category:\n| Risk Category | Lower Risk (1) | Average Risk (2) | Acceptable Risk (3) | Higher Risk (4) | Impaired/Loss Likely (5) |\n| :---------------------- | :------------- | :--------------- | :------------------ | :-------------- | :----------------------- |\n| Loan Count | 2 | 2 | 18 | 5 | 0 |\n: chart and table::>", "box": { "bottom": 0.8785662651062012, "left": 0.011986762285232544, "right": 0.9629136323928833, "top": 0.5169684886932373 }, "chunk_id": "9ab19417-a52d-4695-9bcd-5e3a9b533527", "job_id": "cmshc850n00nxb501hdr68qkx", "picture_ref": "#/pictures/32" } ], "tables": [], "context": [ { "page": 10, "kind": "text", "text": "\n\nLoan Portfolio Credit Quality", "box": { "bottom": 0.11228171736001968, "left": 0.034307658672332764, "right": 0.3696269690990448, "top": 0.049945615231990814 }, "chunk_id": "b715802c-9353-4f5f-b2e1-ecc3f3887382" }, { "page": 10, "kind": "text", "text": "\n\n(1) Percentage of portfolio based on principal balance of loans held for investment as of June 30, 2026.", "box": { "bottom": 0.9309172034263611, "left": 0.03541843593120575, "right": 0.532867431640625, "top": 0.8984196782112122 }, "chunk_id": "5f0addd1-d358-491c-9483-e7290f0b9001" }, { "page": 10, "kind": "marginalia", "text": "\n\nQ2 2026 10", "box": { "bottom": 0.9883909821510315, "left": 0.9106135368347168, "right": 0.990401029586792, "top": 0.9583747982978821 }, "chunk_id": "3979e392-1e64-464f-9fa6-49638a124762" } ] }, { "page": 11, "status": "figures", "reason": "", "picture_classes": [ "pie_chart" ], "table_refs": [], "job_id": "cmshc856s064vfm01ha592rcg", "model": "dpt-2", "version": "dpt-2-20260410", "credits": 3.0, "reused": true, "response_artifact": "6eefa242f7c5d960.p11.ade.json", "figures": [ { "page": 11, "text": "\n\n<::Total Loan Portfolio: donut chart::>\n<::chart::>\nTotal Loan Portfolio\n\nOther Property Types\n81%\n\nOffice Risk Rating 3\n3%\n\nOffice Risk Rating 4\n16%\n\n<::table::>\nOffice Risk Rating Distribution\n\nRisk Rating 3\n17% of office\n\n* $23.5 million principal balance / Class B / Downers Grove, IL\n* Leased occupancy of 93% and a WALT of 5.2 years.\n* Pending maturity December 2026.\n\nRisk Rating 4\n83% of office\n\n* $44.2 million principal balance / Class B / suburban Dallas, TX\n* Leased occupancy of 77% and a WALT of 4.1 years.\n* Pending maturity August 2026.\n* $26.6 million principal balance / Class B / Plano, TX\n* Leased occupancy of 80% and a WALT of 3.1 years.\n* In July 2026, extended the maturity date by two years to July 2028.\n* $24.5 million principal balance / Class A / Carlsbad, CA\n* Leased occupancy of 94% and a WALT of 3.5 years.\n* Demonstrated commitment from sponsor, with $1.1 million of additional equity contributions to date.\n* Pending maturity October 2026.\n* $20.8 million principal balance / Class B / Bellevue, WA\n* Leased occupancy of 83% and a WALT of 5.9 years.\n* Demonstrated commitment from sponsor, with $1.6 million of additional equity contributions to date.\n* Maturity April 2028.\n::>", "box": { "bottom": 0.9114428758621216, "left": 0.004880845546722412, "right": 0.9811147451400757, "top": 0.1987811028957367 }, "chunk_id": "9e20e572-454b-4cf0-ba89-fe0f3dead1fa", "job_id": "cmshc856s064vfm01ha592rcg", "picture_ref": "#/pictures/16" } ], "tables": [], "context": [ { "page": 11, "kind": "text", "text": "\n\nOffice Loans (1)", "box": { "bottom": 0.10711687803268433, "left": 0.033790215849876404, "right": 0.21130089461803436, "top": 0.04793377220630646 }, "chunk_id": "7c5bcc7b-1506-45a7-8fa3-2201b7ffc6c1" }, { "page": 11, "kind": "text", "text": "\n\n* No office loans in urban or CBD markets in our portfolio.\n* As of June 30, 2026, all of our borrowers had paid their debt service obligations owed and due to us.", "box": { "bottom": 0.19585885107517242, "left": 0.03314366936683655, "right": 0.6641356945037842, "top": 0.12538985908031464 }, "chunk_id": "50546608-cbdd-4338-bdf1-99c816de217e" }, { "page": 11, "kind": "text", "text": "\n\n(1) Percentage of portfolio and office risk rating distribution based on principal balance of loans held for investment as of June 30, 2026.", "box": { "bottom": 0.9348984360694885, "left": 0.0348549485206604, "right": 0.690316379070282, "top": 0.9074040055274963 }, "chunk_id": "d58e58ab-7d03-4cce-9645-bda47d054bd5" }, { "page": 11, "kind": "text", "text": "\n\nQ2 2026 11", "box": { "bottom": 0.9870129823684692, "left": 0.91179358959198, "right": 0.9862908124923706, "top": 0.9595655202865601 }, "chunk_id": "d94f8e79-3846-4ec6-99c9-401f074a3e57" } ] }, { "page": 17, "status": "figures", "reason": "", "picture_classes": [ "bar_chart" ], "table_refs": [], "job_id": "cmshc8dkv068gfo0117vx35pg", "model": "dpt-2", "version": "dpt-2-20260410", "credits": 3.0, "reused": true, "response_artifact": "6eefa242f7c5d960.p17.ade.json", "figures": [ { "page": 17, "text": "\n\n<::Annualized Impact to Net Interest Income per Share: bar chart::>\n(As of June 30, 2026)\n\n**Y-axis (Annualized Impact to Net Interest Income per Share):**\n$0.10\n$0.08\n$0.06\n$0.04\n$0.02\n$0.00\n$(0.02)\n\n**X-axis (Interest Rate Changes):**\n-100 bps: $0.06\n-75 bps: $0.02\n-50 bps: $0.00\n-25 bps: $(0.01)\n0 bps: $0.00\n+25 bps: $0.01\n+50 bps: $0.03\n+75 bps: $0.05\n+100 bps: $0.08\n\n<::Number of Loans Subject to Floor: table::>\n| Interest Rate Changes | -100 bps | -75 bps | -50 bps | -25 bps | 0 bps | +25 bps | +50 bps | +75 bps | +100 bps |\n|:----------------------|:---------|:--------|:--------|:--------|:------|:--------|:--------|:--------|:---------|\n| Number of Loans Subject to Floor | 23 | 22 | 11 | 8 | 6 | 6 | 2 | 0 | 0 |", "box": { "bottom": 0.6989438533782959, "left": 0.011768698692321777, "right": 0.9247325658798218, "top": 0.11798357963562012 }, "chunk_id": "d271ce1b-228b-461a-bed6-6bf09760989a", "job_id": "cmshc8dkv068gfo0117vx35pg", "picture_ref": "#/pictures/24" }, { "page": 17, "text": "\n\n<::An abstract image with a dark background featuring glowing green lines and patterns, reminiscent of a circuit board or digital display. The lines are sharp and angular, some forming right angles and others appearing as straight segments. A grid of small green dots is visible in some areas, suggesting a pixelated or digital texture. The overall impression is one of technology or data flow.: figure::>", "box": { "bottom": 1.0, "left": 0.3833485245704651, "right": 0.8106899857521057, "top": 0.9348694682121277 }, "chunk_id": "cbf48bdd-cd9c-4883-96de-009d1539754d", "job_id": "cmshc8dkv068gfo0117vx35pg", "picture_ref": null } ], "tables": [], "context": [ { "page": 17, "kind": "text", "text": "\n\nInterest Rate Sensitivity", "box": { "bottom": 0.11115647852420807, "left": 0.03385895490646362, "right": 0.3062015771865845, "top": 0.05267826095223427 }, "chunk_id": "40d5f37f-8579-412a-bf3b-f23b352dd8ee" }, { "page": 17, "kind": "text", "text": "\n\n- Weighted average interest rate floor of 2.96%. All but one of our loan agreements contain floor provisions, ranging from 0.25% to 4.34%.\n- Six of our loans currently have active interest rate floors, providing annualized earnings protection of $0.03 per share.\n- No interest rate floors on advances under our Secured Financing Facilities.", "box": { "bottom": 0.8239485621452332, "left": 0.05965283513069153, "right": 0.8697644472122192, "top": 0.7122051119804382 }, "chunk_id": "f4440e7d-9b5a-491c-b044-59eabb23e4f9" }, { "page": 17, "kind": "text", "text": "\n\nThe above table illustrates the incremental impact on our annual income from investments, net, from hypothetical immediate changes in SOFR, taking into consideration our borrowers' interest rate floors as of June 30, 2026. The results in the table above are based on our loan portfolio and debt outstanding as of June 30, 2026 and weighted average common shares outstanding - basic and diluted for three months ended June 30, 2026. Any changes to the mix of our investments or debt outstanding could impact the interest rate sensitivity analysis. This illustration is not meant to forecast future results.", "box": { "bottom": 0.9358723163604736, "left": 0.03403210639953613, "right": 0.9697682857513428, "top": 0.8394162654876709 }, "chunk_id": "fbde7071-48f7-4fa4-bcce-36aad6ae3f3e" }, { "page": 17, "kind": "text", "text": "\n\nAPPENDIX", "box": { "bottom": 0.9853610992431641, "left": 0.03580033406615257, "right": 0.10481162369251251, "top": 0.9487642049789429 }, "chunk_id": "38948593-8b7a-48d7-8d3f-305b72931199" }, { "page": 17, "kind": "marginalia", "text": "\n\nQ2 2026 17", "box": { "bottom": 0.9902992248535156, "left": 0.9100888967514038, "right": 0.9900712966918945, "top": 0.9569230079650879 }, "chunk_id": "ec430418-330f-477c-9b20-359bd742432d" } ] } ], "errors": [ "page 17: the scan returned a figure at {'bottom': 1.0, 'left': 0.3833485245704651, 'right': 0.8106899857521057, 'top': 0.9348694682121277} that overlaps no picture in the parse (job cmshc8dkv068gfo0117vx35pg); its text is in the figure records only" ], "removed": [] }