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INVESTMENTS (Details) (USD $) | 3 Months Ended |
--- | --- | ---
Jun. 30, 2012 | Jun. 30, 2011 | Mar. 31, 2012
INVESTMENTS [Abstract] |  |  |  |
Portfolio investments categorized as Level 3 (in hundredths) | 68.70% |  |  | 56.90%
Fair Value Inputs, Assets, Quantitative Information [Line Items] |  |  |  |
Fair Value | $ 333,500,000 |  |  |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |  |  |  |
Total Investments | 485,700,000 |  |  | 558,500,000
Summary of changes in fair value of investments [Roll Forward] |  |  |  |
Fair value beginning of period | 317,800,000 |  |  |
Net Unrealized Appreciation (Depreciation) | 9,500,000 |  |  |
Net Changes from Unrealized to Realized | 0 |  |  |
New / Add-On Investments | 6,200,000 |  |  |
Divestitures | 0 |  |  |
Fair value end of period | 333,500,000 |  |  |
Unrealized gains (losses) included in earnings that related to asset still held at report date | 4,389,243 |  | 4,558,159 |
Recurring [Member] | Level 1 [Member] |  |  |  |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |  |  |  |
Total Investments | 152,200,000 |  |  | 240,700,000
Recurring [Member] | Level 2 [Member] |  |  |  |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |  |  |  |
Total Investments | 0 |  |  | 0
Recurring [Member] | Level 3 [Member] |  |  |  |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |  |  |  |
Total Investments | 333,500,000 |  |  | 317,800,000
Debt [Member] |  |  |  |
Fair Value Inputs, Assets, Quantitative Information [Line Items] |  |  |  |
Fair Value | 14,800,000 |  |  |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |  |  |  |
Total Investments | 14,800,000 |  |  | 11,200,000
Summary of changes in fair value of investments [Roll Forward] |  |  |  |
Fair value beginning of period | 11,200,000 |  |  |
Net Unrealized Appreciation (Depreciation) | 600,000 |  |  |
Net Changes from Unrealized to Realized | 0 |  |  |
New / Add-On Investments | 3,000,000 |  |  |
Divestitures | 0 |  |  |
Fair value end of period | 14,800,000 |  |  |
Debt [Member] | Recurring [Member] | Level 1 [Member] |  |  |  |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |  |  |  |
Total Investments | 0 |  |  | 0
Debt [Member] | Recurring [Member] | Level 2 [Member] |  |  |  |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |  |  |  |
Total Investments | 0 |  |  | 0
Debt [Member] | Recurring [Member] | Level 3 [Member] |  |  |  |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |  |  |  |
Total Investments | 14,800,000 |  |  | 11,200,000
Debt [Member] | Discounted Cash Flow [Member] |  |  |  |
Fair Value Inputs, Assets, Quantitative Information [Line Items] |  |  |  |
Fair Value | 8,900,000 |  |  |
Weighted Average Discount Rate | 16.14% |  |  |
Debt [Member] | Face Value [Member] |  |  |  |
Fair Value Inputs, Assets, Quantitative Information [Line Items] |  |  |  |
Fair Value | 5,900,000 |  |  |
Debt [Member] | Maximum [Member] | Discounted Cash Flow [Member] |  |  |  |
Fair Value Inputs, Assets, Quantitative Information [Line Items] |  |  |  |
Discount Rate | 17.42% |  |  |
Debt [Member] | Minimum [Member] | Discounted Cash Flow [Member] |  |  |  |
Fair Value Inputs, Assets, Quantitative Information [Line Items] |  |  |  |
Discount Rate | 11.75% |  |  |
Preferred & Common Equity [Member] |  |  |  |
Fair Value Inputs, Assets, Quantitative Information [Line Items] |  |  |  |
Fair Value | 307,100,000 |  |  |
Preferred & Common Equity [Member] | Market Approach [Member] |  |  |  |
Fair Value Inputs, Assets, Quantitative Information [Line Items] |  |  |  |
Fair Value | 278,000,000 |  |  |
Weighted Average Multiple | 5.76 |  |  |
Preferred & Common Equity [Member] | Market Approach [Member] |  |  |  |
Fair Value Inputs, Assets, Quantitative Information [Line Items] |  |  |  |
Fair Value | 8,200,000 |  |  |
Weighted Average Multiple | 1.42 |  |  |
Preferred & Common Equity [Member] | Net Book Value [Member] |  |  |  |
Fair Value Inputs, Assets, Quantitative Information [Line Items] |  |  |  |
Fair Value | 5,700,000 |  |  |
Preferred & Common Equity [Member] | Discounted Cash Flow [Member] |  |  |  |
Fair Value Inputs, Assets, Quantitative Information [Line Items] |  |  |  |
Fair Value | 4,400,000 |  |  |
Weighted Average Discount Rate | 15.35% |  |  |
Preferred & Common Equity [Member] | Market Approach [Member] |  |  |  |
Fair Value Inputs, Assets, Quantitative Information [Line Items] |  |  |  |
Fair Value | 2,300,000 |  |  |
Weighted Average Multiple | 1.00 |  |  |
Preferred & Common Equity [Member] | Market Approach [Member] |  |  |  |
Fair Value Inputs, Assets, Quantitative Information [Line Items] |  |  |  |
Fair Value | 8,300,000 |  |  |
Preferred & Common Equity [Member] | Market Approach [Member] |  |  |  |
Fair Value Inputs, Assets, Quantitative Information [Line Items] |  |  |  |
Fair Value | 200,000 |  |  |
Preferred & Common Equity [Member] | Maximum [Member] | Market Approach [Member] |  |  |  |
Fair Value Inputs, Assets, Quantitative Information [Line Items] |  |  |  |
Multiple | 6.50 |  |  |
Preferred & Common Equity [Member] | Maximum [Member] | Market Approach [Member] |  |  |  |
Fair Value Inputs, Assets, Quantitative Information [Line Items] |  |  |  |
Multiple | 3.00 |  |  |
Preferred & Common Equity [Member] | Maximum [Member] | Discounted Cash Flow [Member] |  |  |  |
Fair Value Inputs, Assets, Quantitative Information [Line Items] |  |  |  |
Discount Rate | 18.00% |  |  |
Preferred & Common Equity [Member] | Minimum [Member] | Market Approach [Member] |  |  |  |
Fair Value Inputs, Assets, Quantitative Information [Line Items] |  |  |  |
Multiple | 3.25 |  |  |
Preferred & Common Equity [Member] | Minimum [Member] | Market Approach [Member] |  |  |  |
Fair Value Inputs, Assets, Quantitative Information [Line Items] |  |  |  |
Multiple | 1.10 |  |  |
Preferred & Common Equity [Member] | Minimum [Member] | Discounted Cash Flow [Member] |  |  |  |
Fair Value Inputs, Assets, Quantitative Information [Line Items] |  |  |  |
Discount Rate | 3.32% |  |  |
Preferred & Common Equity [Member] | Minimum [Member] | Market Approach [Member] |  |  |  |
Fair Value Inputs, Assets, Quantitative Information [Line Items] |  |  |  |
Multiple | 1.00 |  |  |
Partnership Interest [Member] |  |  |  |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |  |  |  |
Total Investments | 11,600,000 |  |  | 11,000,000
Summary of changes in fair value of investments [Roll Forward] |  |  |  |
Fair value beginning of period | 11,000,000 |  |  |
Net Unrealized Appreciation (Depreciation) | 600,000 |  |  |
Net Changes from Unrealized to Realized | 0 |  |  |
New / Add-On Investments | 0 |  |  |
Divestitures | 0 |  |  |
Fair value end of period | 11,600,000 |  |  |
Partnership Interest [Member] | Recurring [Member] | Level 1 [Member] |  |  |  |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |  |  |  |
Total Investments | 0 |  |  | 0
Partnership Interest [Member] | Recurring [Member] | Level 2 [Member] |  |  |  |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |  |  |  |
Total Investments | 0 |  |  | 0
Partnership Interest [Member] | Recurring [Member] | Level 3 [Member] |  |  |  |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |  |  |  |
Total Investments | 11,600,000 |  |  | 11,000,000
Partnership Interest [Member] | Net Asset Value [Member] |  |  |  |
Fair Value Inputs, Assets, Quantitative Information [Line Items] |  |  |  |
Fair Value | 11,600,000 | [1] |  |
Preferred Equity [Member] |  |  |  |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |  |  |  |
Total Investments | 39,300,000 |  |  | 33,900,000
Summary of changes in fair value of investments [Roll Forward] |  |  |  |
Fair value beginning of period | 33,900,000 |  |  |
Net Unrealized Appreciation (Depreciation) | 2,200,000 |  |  |
Net Changes from Unrealized to Realized | 0 |  |  |
New / Add-On Investments | 3,200,000 |  |  |
Divestitures | 0 |  |  |
Fair value end of period | 39,300,000 |  |  |
Preferred Equity [Member] | Recurring [Member] | Level 1 [Member] |  |  |  |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |  |  |  |
Total Investments | 0 |  |  | 0
Preferred Equity [Member] | Recurring [Member] | Level 2 [Member] |  |  |  |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |  |  |  |
Total Investments | 0 |  |  | 0
Preferred Equity [Member] | Recurring [Member] | Level 3 [Member] |  |  |  |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |  |  |  |
Total Investments | 39,300,000 |  |  | 33,900,000
Common Equity [Member] |  |  |  |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |  |  |  |
Total Investments | 420,000,000 |  |  | 502,400,000
Summary of changes in fair value of investments [Roll Forward] |  |  |  |
Fair value beginning of period | 261,700,000 |  |  |
Net Unrealized Appreciation (Depreciation) | 6,100,000 |  |  |
Net Changes from Unrealized to Realized | 0 |  |  |
New / Add-On Investments | 0 |  |  |
Divestitures | 0 |  |  |
Fair value end of period | 267,800,000 |  |  |
Common Equity [Member] | Recurring [Member] | Level 1 [Member] |  |  |  |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |  |  |  |
Total Investments | 152,200,000 |  |  | 240,700,000
Common Equity [Member] | Recurring [Member] | Level 2 [Member] |  |  |  |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |  |  |  |
Total Investments | 0 |  |  | 0
Common Equity [Member] | Recurring [Member] | Level 3 [Member] |  |  |  |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |  |  |  |
Total Investments | 267,800,000 |  |  | 261,700,000
Warrant [Member] | Pricing Model [Member] |  |  |  |
Fair Value Inputs, Assets, Quantitative Information [Line Items] |  |  |  |
Fair Value | $ 0 |  |  |
Stock Price | $ 0.00 |  |  |
Warrant [Member] | Maximum [Member] | Pricing Model [Member] |  |  |  |
Fair Value Inputs, Assets, Quantitative Information [Line Items] |  |  |  |
Stock Price | $ 0.00 |  |  |
[1] | All funds are valued in accordance to ASC 820.

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- Definition The weighted average interest rate used to find the present value of an amount to be paid or received in the future as an input to measure fair value. For example, but not limited to, weighted average cost of capital (WACC), cost of capital, cost of equity and cost of debt. + References No definition available. + Details
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- Definition This item represents the fair value of investment securities as of the balance sheet date which may include marketable securities, derivative financial instruments, and investments accounted for under the equity method. The fair value amount was valued by the entity using significant unobservable inputs (Level 3). + References No definition available. + Details
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- Definition This item represents the amount of the total change in unrealized (holding) gains or losses for the period which are included in the statement of income (or changes in net assets) in trading revenues. Such unrealized (holding) gains or losses relate to those assets still held at the reporting date for which fair value is measured on a recurring basis using significant unobservable inputs (Level 3). + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=7578670&loc=d3e19207-110258 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 157 -Paragraph 32 -Subparagraph d -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. + Details
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- Definition Purchases that have taken place during the period in relation to assets measured at fair value and categorized within Level 3 of the fair value hierarchy. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(2) -URI http://asc.fasb.org/extlink&oid=7578670&loc=d3e19207-110258 + Details
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- Definition This element represents an asset measured at fair value using significant unobservable inputs (Level 3) which is required for reconciliation purposes of beginning and ending balances. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=7578670&loc=d3e19207-110258 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 157 -Paragraph 32 -Subparagraph c -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. + Details
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- Definition This element represents the portion of the balance sheet assertion valued at fair value by the entity whether such amount is presented as a separate caption or as a parenthetical disclosure. Additionally, this element may be used in connection with the fair value disclosures required in the footnote disclosures to the financial statements. The element may be used in both the balance sheet and disclosure in the same submission. This item represents investment securities as of the balance sheet date which may include marketable securities, derivative financial instruments, and investments accounted for under the equity method. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Glossary Trading Securities -URI http://asc.fasb.org/extlink&oid=6526789 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 320 -SubTopic 10 -Section 25 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=7534914&loc=d3e22054-111558 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 115 -Paragraph 13 -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 03 -Paragraph 1 -Subparagraph a, f, g -Article 7 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Glossary Available-for-Sale Securities -URI http://asc.fasb.org/extlink&oid=6505594 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 115 -Paragraph 12 -Subparagraph a -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 7: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 320 -SubTopic 10 -Section 35 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=16383099&loc=d3e24584-111560 + Details
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