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Consolidated Statements of Changes in Net Assets - USD ($)
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Beginning balance $ 611,159,000 $ 459,649,000 $ 446,533,000
Beginning balance, shares 46,323,712 34,960,672 27,229,541
Issuance of common stock pursuant to distribution reinvestment plan $ 1,279,000 $ 2,194,000 $ 2,982,000
Stock based compensation 10,543,000 8,799,000 6,062,000
Issuance of restricted stock awards     1,000
Issuance of common stock, net of issuance costs 200,231,000 150,279,000 113,141,000
Retired and forfeited shares of restricted stock (3,726,000) (2,821,000) (1,028,000)
Stock repurchase and cancellation of shares   (1,003,000) (2,006,000)
Distributions to stockholders (112,100,000) (82,831,000) (75,661,000)
Net increase/(decrease) in net assets resulting from operations 115,596,000 76,893,000 (30,375,000)
Ending balance $ 822,982,000 $ 611,159,000 $ 459,649,000
Ending balance, shares 61,669,059 46,323,712 34,960,672
Common Stock      
Beginning balance $ 46,000 $ 35,000 $ 27,000
Beginning balance, shares 46,323,712 34,960,672 27,229,541
Issuance of common stock pursuant to distribution reinvestment plan, shares 90,245 165,962 187,923
Issuance of restricted stock awards $ 1,000   $ 1,000
Issuance of restricted stock awards, shares 1,354,192 827,723 741,656
Issuance of common stock, net of issuance costs $ 15,000 $ 11,000 $ 7,000
Issuance of common stock, net of issuance costs, shares 14,161,064 10,666,373 7,064,118
Retired and forfeited shares of restricted stock, shares (260,154) (205,327) (76,844)
Stock repurchase and cancellation of shares, shares   (91,691) (185,722)
Ending balance $ 62,000 $ 46,000 $ 35,000
Ending balance, shares 61,669,059 46,323,712 34,960,672
Paid In Capital in Excess of Par Value      
Beginning balance $ 633,740,000 $ 480,532,000 $ 368,609,000
Issuance of common stock pursuant to distribution reinvestment plan 1,279,000 2,194,000 2,982,000
Stock based compensation 10,543,000 8,799,000 6,062,000
Issuance of restricted stock awards (1,000)    
Issuance of common stock, net of issuance costs 200,216,000 150,268,000 113,134,000
Retired and forfeited shares of restricted stock (3,726,000) (2,821,000) (1,028,000)
Stock repurchase and cancellation of shares   (1,003,000) (2,006,000)
Tax reclassification (12,425,000) (4,229,000) (7,221,000)
Ending balance 829,626,000 633,740,000 480,532,000
Distributable Earnings / (Accumulated Loss)      
Beginning balance (22,627,000) (20,918,000) 77,897,000
Distributions to stockholders (112,100,000) (82,831,000) (75,661,000)
Tax reclassification 12,425,000 4,229,000 7,221,000
Net increase/(decrease) in net assets resulting from operations 115,596,000 76,893,000 (30,375,000)
Ending balance $ (6,706,000) $ (22,627,000) $ (20,918,000)