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Investments - Consolidated Statements of Assets and Liabilities for PSSL (Details) - USD ($)
$ in Thousands
Sep. 30, 2022
Sep. 30, 2021
Assets    
Investments at fair value $ 1,164,254 [1],[2],[3] $ 1,081,619
Cash and cash equivalents (cost-$47,917 and $49,826, respectively) 47,880 49,826
Interest receivable 7,543 5,446
Receivable for investments sold 3,441 33,965
Prepaid expenses and other assets 748  
Total assets 1,223,866 1,170,856
Liabilities    
Credit Facility payable, at fair value (cost-$168,830 and $219,400, respectively) (See Notes 5 and 11) 167,563 218,851
2031 Asset-Backed Debt, net (par-$228,000) (See Notes 5 and 11) 226,128 225,497
Payable for investments purchased   13,546
Interest payable on notes to members 8,163 5,455
Accrued other expenses 765 1,590
Total liabilities 696,774 680,245
Commitments and contingencies (See Note 12)
Total liabilities and net assets 1,223,866 1,170,856
PennantPark Senior Secured Loan Fund I LLC    
Assets    
Investments at fair value 754,722 564,783
Cash and cash equivalents (cost-$47,917 and $49,826, respectively) 33,705 28,374
Interest receivable 3,025 1,414
Receivable for investments sold 3,637 7,323
Prepaid expenses and other assets 1,722 1,665
Total assets 796,811 603,559
Liabilities    
Credit Facility payable, at fair value (cost-$168,830 and $219,400, respectively) (See Notes 5 and 11) 259,500 112,000
2031 Asset-Backed Debt, net (par-$228,000) (See Notes 5 and 11) 243,365 242,757
Notes payable to members 217,350 161,000
Payable for investments purchased 10,414 31,963
Interest payable on Credit Facility and asset backed debt 3,817 1,741
Interest payable on notes to members 4,719 2,656
Accrued other expenses 1,150 178
Total liabilities 740,315 552,295
Commitments and contingencies (See Note 12)
Members' equity 56,496 51,264
Total liabilities and net assets $ 796,811 $ 603,559
[1] The provisions of the 1940 Act classify investments based on the level of control that we maintain in a particular portfolio company. As defined in the 1940 Act, a company is generally presumed to be “non-controlled” when we own 25% or less of the portfolio company’s voting securities and “controlled” when we own more than 25% of the portfolio company’s voting securities.
[2] The provisions of the 1940 Act classify investments further based on the level of ownership that we maintain in a particular portfolio company. As defined in the 1940 Act, a company is generally deemed as “non-affiliated” when we own less than 5% of a portfolio company’s voting securities and “affiliated” when we own 5% or more of a portfolio company’s voting securities.
[3] Valued based on our accounting policy (See Note 2). The value of all securities was determined using significant unobservable inputs (See Note 5).