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Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Investment income:        
Total investment income $ 37,713 $ 25,729 $ 103,603 $ 76,699
Expenses:        
Base management fee (See Note 3) 2,840 3,062 8,643 8,904
Performance-based incentive fee (See Note 3) 4,625 2,576 12,245 8,461
Interest and expenses on debt (See Note 10) 9,985 7,369 29,595 20,713
Administrative services expenses (See Note 3) 477 144 764 431
General and administrative expenses 1,134 655 2,545 1,964
Expenses before provision for taxes 19,061 13,806 53,792 40,473
Provision for taxes on net investment income 150 100 834 300
Total expenses 19,211 13,906 54,626 40,773
Net investment income 18,502 11,823 48,977 35,926
Net realized gain (loss) on:        
Provision for taxes on realized gain on investments 0 0 (300) 0
Net realized gain (loss) on investments (6,065) 701 (13,820) (11,621)
Net change in unrealized appreciation (depreciation) on:        
Provision for taxes on unrealized appreciation (depreciation) on investments 0 0 2,929 (5,340)
Debt (appreciation) depreciation (See Note 5 and 10) (5,752) 26 (4,842) 1,273
Net change in unrealized appreciation (depreciation) on investments and debt (6,844) (17,609) (23,942) (7,713)
Net realized and unrealized gain (loss) from investments and debt (12,909) (16,908) (37,762) (19,334)
Net increase (decrease) in net assets resulting from operations $ 5,593 $ (5,085) $ 11,215 $ 16,592
Net increase (decrease) in net assets resulting from operations per common share (See Note 7) $ 0.11 $ (0.12) $ 0.23 [1] $ 0.42 [1]
Net investment income per common share $ 0.36 $ 0.29 $ 1.02 [1] $ 0.9 [1]
Non-controlled, Non-affiliated Investments        
Investment income:        
Interest $ 21,988 $ 16,701 $ 65,440 $ 49,753
Dividend 4,390 577 5,602 1,731
Other income 734 285 1,460 3,795
Net realized gain (loss) on:        
Investments (6,065) 701 (13,520) 10,694
Net change in unrealized appreciation (depreciation) on:        
Net change in unrealized appreciation (depreciation) on Investments 3,051 (11,204) (12,204) (12,243)
Non-controlled and Controlled, Affiliated Investments        
Net realized gain (loss) on:        
Investments 0 0 0 (22,315)
Net change in unrealized appreciation (depreciation) on:        
Net change in unrealized appreciation (depreciation) on Investments (4,143) (6,431) (9,825) 8,597
Non-controlled, Affiliated Investments        
Investment income:        
Interest 0 0 0 112
Other income 0 0 0 0
Controlled, Affiliated Investments        
Investment income:        
Interest 8,151 4,228 22,701 10,633
Dividend $ 2,450 $ 3,938 $ 8,400 $ 10,675
[1] Based on the weighted average shares outstanding for the respective periods.