XML 52 R32.htm IDEA: XBRL DOCUMENT v3.23.3
Organization - Additional Information (Details) - USD ($)
$ / shares in Units, $ in Thousands
1 Months Ended 12 Months Ended 156 Months Ended
Dec. 15, 2023
Aug. 11, 2023
Mar. 27, 2023
Dec. 15, 2022
Dec. 15, 2021
Aug. 20, 2021
Dec. 15, 2020
Apr. 30, 2021
Mar. 31, 2020
Sep. 30, 2019
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2023
Oct. 31, 2021
Mar. 31, 2021
Nov. 30, 2017
Debt Instrument [Line Items]                                  
Percentage of managed assets invested                     80.00%            
2035 Asset-backed debt net (par-$246,000)                     $ 76,200 $ 97,000   $ 76,200      
Deferred Offering Costs                     1,000     $ 1,000      
Net realized (gain) loss                     $ (15,892) $ (11,106) $ (12,796)        
Common stock, par value                     $ 0.001 $ 0.001   $ 0.001      
Common stock shares issued                     13,389,064 6,464,910 108,654        
Common stock issued issued                     $ 148,408 $ 81,936 $ 1,403        
At The Market Offering                                  
Debt Instrument [Line Items]                                  
Proceeds from Issuance of Common Stock                     $ 100,200 $ 31,900          
Common stock shares issued                     9,089,064 2,464,910   11,662,628      
Weighted average price per share of common stock issued                     $ 11.03 $ 13.12   $ 11.44      
Proceeds from issuance of common stock gross                           $ 133,500      
Proceeds from issuance of common stock                     $ 100,200 $ 31,900          
Common stock issued issued                     154,100 41,300          
Legal and other offering costs                     $ 500 $ 100   500      
Equity Distribution Agreements                                  
Debt Instrument [Line Items]                                  
Proceeds from Issuance of Common Stock   $ 250,000 $ 100,000                            
Aggregate offering price           $ 75,000                      
Proceeds from issuance of common stock   $ 250,000 $ 100,000                            
2026 Notes Payable                                  
Debt Instrument [Line Items]                                  
2035 Asset-backed debt net (par-$246,000)                             $ 85,000 $ 100,000  
Percentage of public offering price per notes issued                             101.50% 99.40%  
Debt instrument, interest rate                     4.25%            
Debt instrument, maturity date                     Apr. 01, 2026            
Debt instrument, periodic payment                     semi-annually            
PennantPark-TSO Senior Loan Fund, LP                                  
Debt Instrument [Line Items]                                  
Sale of investments to wholly owned subsidiary               $ 81,400                  
Sale of investments to wholly owned subsidiary in cash               69,500                  
Sale of investments to wholly owned subsidiary in equity interest               $ 11,900                  
Percentage of outstanding class A units               23.08%         23.08%        
Net realized (gain) loss               $ 400                  
Capital commitment                         $ 15,300        
Voting interest in general partnership                         4.99%        
2023 Notes                                  
Debt Instrument [Line Items]                                  
2035 Asset-backed debt net (par-$246,000)                                 $ 138,600
Debt instrument, interest rate                 4.30%                
Debt instrument, periodic payment                     four annual installments            
Percentage of original principal amount payable       15.00% 15.00%   15.00%                    
2023 Notes | Scenario Forecast                                  
Debt Instrument [Line Items]                                  
Percentage of original principal amount payable 55.00%                                
SOFR                                  
Debt Instrument [Line Items]                                  
Credit facility basis points                     2.36%            
2031 Asset-Backed Debt                                  
Debt Instrument [Line Items]                                  
Percentage of preferred shares of securitization issuer                   100.00%              
2031 Asset-Backed Debt | Class D Secured Deferrable Floating Rate Notes                                  
Debt Instrument [Line Items]                                  
Percentage of notes issued by securitization issuer                   100.00%              
Maximum | SOFR                                  
Debt Instrument [Line Items]                                  
Maximum borrowing capacity                     $ 386,000     $ 386,000      
First Lien Secured Debt | Minimum                                  
Debt Instrument [Line Items]                                  
Percentage of overall portfolio                     65.00%            
Second Lien Secured Debt | Maximum                                  
Debt Instrument [Line Items]                                  
Percentage of overall portfolio                     35.00%