XML 14 R4.htm IDEA: XBRL DOCUMENT v3.23.1
Consolidated Statements of Operations - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Mar. 31, 2023
Mar. 31, 2022
Investment income:        
Total investment income $ 34,554 $ 24,636 $ 65,891 $ 50,971
Expenses:        
Base management fee (See Note 3) 2,873 2,945 5,804 5,841
Performance-based incentive fee (See Note 3) 4,186 2,704 7,619 5,885
Interest and expenses on debt (See Note 10) 9,752 6,705 19,610 13,344
Administrative services expenses (See Note 3) 144 144 288 287
General and administrative expenses 705 655 1,410 1,309
Expenses before provision for taxes 17,660 13,153 34,731 26,667
Provision for taxes on net investment income 150 100 684 200
Total expenses 17,810 13,253 35,415 26,867
Net investment income 16,744 11,383 30,476 24,104
Net realized gain (loss) on:        
Provision for taxes on realized gain on investments (300)   (300)  
Net realized gain (loss) on investments (7,818) (15,460) (7,755) (12,322)
Net change in unrealized appreciation (depreciation) on:        
Provision for taxes on unrealized appreciation (depreciation) on investments 3,654 (3,800) 2,929 (5,340)
Debt (appreciation) depreciation (See Note 5 and 10) (1,158) (2,363) 909 1,247
Net change in unrealized appreciation (depreciation) on investments and debt (1,683) 11,325 (17,098) 9,897
Net realized and unrealized gain (loss) from investments and debt (9,501) (4,135) (24,853) (2,425)
Net increase (decrease) in net assets resulting from operations $ 7,243 $ 7,248 $ 5,623 $ 21,679
Net increase (decrease) in net assets resulting from operations per common share (See Note 7) $ 0.15 $ 0.18 $ 0.12 [1] $ 0.55 [1]
Net investment income per common share $ 0.35 $ 0.29 $ 0.65 [1] $ 0.61 [1]
Non-controlled, Non-affiliated Investments        
Investment income:        
Interest $ 22,717 $ 16,195 $ 43,452 $ 33,052
Dividend 635 577 1,212 1,154
Other income 586 686 727 3,510
Net realized gain (loss) on:        
Net realized gain (loss) on Investments (7,518) 6,920 (7,455) 9,993
Net change in unrealized appreciation (depreciation) on:        
Net change in unrealized appreciation (depreciation) on Investments (2,561) (5,425) (15,254) (1,038)
Non-controlled and Controlled, Affiliated Investments        
Net realized gain (loss) on:        
Net realized gain (loss) on Investments   (22,380)   (22,315)
Net change in unrealized appreciation (depreciation) on:        
Net change in unrealized appreciation (depreciation) on Investments (1,618) 22,913 (5,682) 15,029
Non-controlled, Affiliated Investments        
Investment income:        
Interest       112
Controlled, Affiliated Investments        
Investment income:        
Interest 7,641 3,240 14,550 6,405
Dividend $ 2,975 $ 3,938 $ 5,950 $ 6,738
[1] Based on the weighted average shares outstanding for the respective periods.