XML 15 R4.htm IDEA: XBRL DOCUMENT v3.24.1.u1
Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Investment Income:    
Interest income $ 94,631 $ 81,717
Payment-in-kind 2,644 441
Dividend income 565 496
Other income 1,261 985
Total investment income 99,101 83,639
Expenses:    
Interest and other financing expenses 27,260 26,667
Management fees 8,230 7,304
Income based incentive fees 11,336 9,381
Professional fees 1,217 1,241
Directors’ fees 146 80
Administrative service fees 25 54
General and other expenses 108 168
Total expenses 48,322 44,895
Management fees waiver (Note 3) (3,098) (5,478)
Incentive fees waiver (Note 3) (1,210) 0
Net expenses 44,014 39,417
Net investment income (loss) before taxes 55,087 44,222
Excise tax expense 436 0
Net investment income (loss) after taxes 54,651 44,222
Net realized and unrealized gain (loss):    
Net realized gain (loss) on non-controlled/non-affiliated investments (5,625) 122
Net change in unrealized appreciation (depreciation) on non-controlled/non-affiliated investments 2,658 (567)
Net realized and unrealized gain (loss) (2,967) (445)
Net increase (decrease) in net assets resulting from operations $ 51,684 $ 43,777
Net investment income (loss) per share (basic and diluted) (in dollars per share) $ 0.63 $ 0.62
Earnings per share - basic (in dollars per share) 0.59 0.62
Earnings per share - diluted (in dollars per share) $ 0.59 $ 0.62
Weighted average shares outstanding - basic (in shares) 87,358,527 70,863,184
Weighted average shares outstanding - diluted (in shares) 87,358,527 70,863,184