XML 64 R54.htm IDEA: XBRL DOCUMENT v3.22.4
Financial Highlights - Summary of Financial Highlights (Details) - USD ($)
$ / shares in Units, $ in Thousands
 3 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Sep. 30, 2022
Sep. 30, 2021
Investment Company Financial Highlights [Abstract]        
Net asset value, beginning of year $ 11.62 $ 12.62    
Net investment income [1] 0.30 0.33    
Net change in realized and unrealized (loss) gain [1] (0.34) 0.04    
Net decrease in net assets resulting from operations [1] (0.04) 0.37    
Distributions to stockholders [1],[2] (0.29) (0.29)    
Issuance of common stock 0.01      
Net asset value, end of year 11.30 12.70    
Per share market value, end of year $ 10.98 $ 12.77    
Total return [3] 17.29% 2.03%    
Common stock, shares, outstanding 45,431,815 39,150,794 45,345,638  
Ratios / Supplemental Data:        
Ratio of operating expenses to average net assets [4] 5.91% 5.63%    
Ratio of debt related expenses to average net assets [5] 7.53% 5.36%    
Ratio of total expenses to average net assets [5] 13.44% 10.99%    
Ratio of net investment income to average net assets [5] 10.48% 10.27%    
Net assets at end of year $ 513,530 $ 497,405 $ 527,092 [6] $ 490,611
Weighted average debt outstanding $ 688,165 $ 739,241    
Weighted average debt per share [1] $ 15.17 $ 18.97    
Asset coverage per unit [7] $ 1,734 $ 1,649    
Portfolio turnover rate [8] 4.04% 19.94%    
[1] Based on the weighted average shares outstanding for the respective periods.
[2] The tax status of distributions is calculated in accordance with income tax regulations, which may differ from amounts determined under GAAP, and reported on Form 1099-DIV each calendar year.
[3] Based on the change in market price per share during the periods and assumes distributions, if any, are reinvested.
[4] Excludes debt-related costs.
[5] Includes interest and expenses on debt (annualized) as well as Credit Facility amendment and debt issuance costs, if any, (not annualized).
[6] Valued based on our accounting policy (See Note 2). The value of all securities was determined using significant unobservable inputs (See Note 5).
[7] The asset coverage ratio for a class of senior securities representing indebtedness is calculated on our consolidated total assets, less all liabilities and indebtedness not represented by senior securities, divided by the senior securities representing indebtedness at par (changed from fair value). This asset coverage ratio is multiplied by $1,000 to determine the asset coverage per unit.
[8] Not annualized for periods less than one year.