XML 80 R49.htm IDEA: XBRL DOCUMENT v3.2.0.727
Debt Obligations (Details 2)
 1 Months Ended 3 Months Ended 6 Months Ended
Feb. 28, 2015
USD ($)
item
Mar. 31, 2015
USD ($)
Jun. 30, 2015
USD ($)
item
Dec. 31, 2014
USD ($)
Debt Obligations        
Debt, Carrying Value     $ 79,262,601 $ 331,395,126
Collateral Cash, Restricted Cash     76,252,399 218,100,529
Collateralized loan obligations        
Debt Obligations        
Debt, Face Value     500,250,000 458,250,000
Debt, Carrying Value     500,250,000 458,250,000
Collateral Loans, Unpaid Principal     623,494,424 567,743,490
Collateral Loans, Carrying Value     621,169,275 565,590,490
Collateral Cash, Restricted Cash     $ 47,061,855 $ 66,530,102
Weighted average note rate (as a percent)     2.55% 2.59%
Weighted average note rate including certain fees and costs (as a percent)     3.12% 3.14%
CLO II        
Debt Obligations        
Debt, Face Value       $ 177,000,000
Debt, Carrying Value       177,000,000
Collateral Loans, Unpaid Principal       252,353,210
Collateral Loans, Carrying Value       251,658,406
Collateral Cash, Restricted Cash       7,284,919
Number of investment grade tranches issued | item     2  
Variable interest rate, description     three-month LIBOR  
Weighted average note rate (as a percent)     2.56%  
Debt instrument redemption value   $ 177,000,000    
Deferred fees expensed as interest expense   $ 1,500,000    
CLO III        
Debt Obligations        
Debt, Face Value     $ 281,250,000 281,250,000
Debt, Carrying Value     281,250,000 281,250,000
Collateral Loans, Unpaid Principal     329,677,445 315,390,280
Collateral Loans, Carrying Value     328,347,258 313,932,084
Collateral Cash, Restricted Cash     $ 40,878,834 $ 59,245,183
Number of investment grade tranches issued | item     3  
Variable interest rate, description     three-month LIBOR  
Weighted average note rate (as a percent)     2.62% 2.60%
CLO IV        
Debt Obligations        
Debt, Face Value     $ 219,000,000  
Debt, Carrying Value $ 219,000,000   219,000,000  
Collateral Loans, Unpaid Principal     293,816,979  
Collateral Loans, Carrying Value $ 250,000,000   292,822,017  
Collateral Cash, Restricted Cash     $ 6,183,021  
Number of investment grade tranches issued | item 3   3  
Number of newly-formed wholly-owned subsidiaries | item 2      
Variable interest rate, description one-month LIBOR   three-month LIBOR  
Weighted average note rate (as a percent) 2.24%   2.47%  
Replacement period 2 years 6 months      
Number of classes of secured floating rate notes | item 3      
Notional amount of equity interest retained $ 81,000,000      
Weighted average note rate including certain fees and costs (as a percent) 2.96%      
Proceeds from additional loan obligations $ 50,000,000      
Period of additional loan obligations 120 days      
Class A senior secured floating rate notes        
Debt Obligations        
Debt, Face Value $ 165,800,000      
Class B secured floating rate notes        
Debt Obligations        
Debt, Face Value 24,800,000      
Class C secured floating rate notes        
Debt Obligations        
Debt, Face Value $ 28,500,000