v3.25.2
Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended 9 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Interest income:        
Interest on cash and cash equivalents $ 1,507 $ 1,156 $ 4,293 $ 5,014
Total interest income 69,390 85,953 218,335 262,623
PIK interest income 5,070 6,149 15,329 14,814
Fee income 286 1,460 3,707 5,313
Dividend income 525 1,404 2,115 4,230
Total investment income 75,271 94,966 239,486 286,980
Expenses:        
Base management fee 7,195 11,781 22,854 34,862
Part I incentive fee 5,767 8,341 20,413 25,821
Professional fees 1,388 1,091 3,682 3,808
Directors fees 160 160 480 480
Interest expense 31,061 32,513 89,814 96,564
Administrator expense 525 391 1,350 1,083
General and administrative expenses 997 824 2,860 1,941
Total expenses 47,093 55,101 141,453 164,559
Management fees waived 0 (1,500) (933) (4,500)
Part I incentive fees waived (5,359) (3,210) (18,469) (3,210)
Net expenses 41,734 50,391 122,051 156,849
Net investment income before taxes 33,537 44,575 117,435 130,131
(Provision) benefit for taxes on net investment income (56) 0 (597) 0
Net investment income 33,481 44,575 116,838 130,131
Unrealized appreciation (depreciation):        
Foreign currency forward contracts 1,937 1,106 (2,289) (4,474)
Net unrealized appreciation (depreciation) 18,572 26,199 (83,065) (24,078)
Realized gains (losses):        
Foreign currency forward contracts (15,282) (289) (7,342) 2,642
Net realized gains (losses) (13,432) (69,452) (24,037) (84,508)
(Provision) benefit for taxes on realized and unrealized gains (losses) (269) (202) (394) (553)
Net realized and unrealized gains (losses), net of taxes 4,871 (43,455) (107,496) (109,139)
Net increase (decrease) in net assets resulting from operations $ 38,352 $ 1,120 $ 9,342 $ 20,992
Net investment income per common share - diluted (in dollars per share) $ 0.38 $ 0.54 $ 1.37 $ 1.63
Net investment income per common share - basic (in dollars per share) 0.38 0.54 1.37 1.63
Earnings (loss) per common share - basic (in dollars per share) 0.44 0.01 0.11 0.26
Earnings (loss) per common share - diluted (in dollars per share) $ 0.44 $ 0.01 $ 0.11 $ 0.26
Weighted average common shares outstanding - basic (in shares) 88,086 81,830 85,402 79,804
Weighted average common shares outstanding - diluted (in shares) 88,086 81,830 85,402 79,804
Control investments        
Interest income:        
Interest income $ 5,165 $ 5,924 $ 15,275 $ 17,878
PIK interest income 0 677 830 1,819
Fee income 0 13 0 39
Dividend income 525 1,400 1,925 4,200
Unrealized appreciation (depreciation):        
Net unrealized appreciation (depreciation) (2,024) (17,580) (62,940) (22,434)
Realized gains (losses):        
Realized gain (loss) 0 0 13 786
Affiliate investments        
Interest income:        
Interest income 277 192 602 526
PIK interest income 28 11 83 11
Fee income 0 0 0 5
Unrealized appreciation (depreciation):        
Net unrealized appreciation (depreciation) (246) (324) (568) (1,156)
Realized gains (losses):        
Realized gain (loss) 145 0 190 0
Non-control/Non-affiliate investments        
Interest income:        
Interest income 62,441 78,681 198,165 239,205
PIK interest income 5,042 5,461 14,416 12,984
Fee income 286 1,447 3,707 5,269
Dividend income 0 4 190 30
Unrealized appreciation (depreciation):        
Net unrealized appreciation (depreciation) 18,905 42,997 (17,268) 3,986
Realized gains (losses):        
Realized gain (loss) $ 1,705 $ (69,163) $ (16,898) $ (87,936)