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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Cash Flows from Operating Activities:      
Net increase (decrease) in net assets resulting from operations $ 35,822 $ 116,104 $ 31,226
Adjustments to reconcile net increase (decrease) in net assets resulting from operations to net cash provided by (used for) operating activities:      
Net change in unrealized (appreciation) depreciation on investments 65,702 (41,496) 6,578
Net realized (gain) loss on investments (65,635) (55,808) 968
Interest and dividend income paid-in-kind (1,663) (4,399) (4,660)
Accretion of original issue discount (242) (755) (297)
Accretion of loan origination fees (1,625) (2,512) (1,344)
Purchase of investments (333,846) (346,737) (189,996)
Proceeds from sales and repayments of investments 193,980 472,782 210,774
Proceeds from loan origination fees 2,124 2,670 2,027
Realized losses on extinguishment of debt 251 4,263 299
Amortization of deferred financing costs 2,104 2,215 2,271
Amortization of deferred equity financing costs 3    
Changes in operating assets and liabilities:      
Interest receivable (3,595) (683) (1,217)
Prepaid expenses and other assets (1,045) 602 130
Accrued interest and fees payable 79 1,168 (5)
Base management fee payable, net of base management fee waiver - due to affiliate 634 (109) (90)
Income incentive fee payable - due to affiliate 413 12 1,113
Capital gains incentive fee (reversal) - due to (from) affiliate (6,568) 18,196 (1,684)
Administration fee payable and other - due to affiliate (92) 92 89
Taxes payable 7,527 2,135 (272)
Accounts payable and other liabilities 135 161 52
Net cash provided by (used for) operating activities (105,537) 167,901 55,962
Cash Flows from Financing Activities:      
Proceeds from common stock offerings, net of expenses 5,809    
Proceeds received from SBA debentures 76,000 23,500 6,000
Repayments of SBA debentures (30,000) (63,500) (16,500)
Proceeds received from issuance of Notes   125,000 125,000
Principal payments on Notes   (182,250)  
Proceeds received from (repayments of) borrowings under Credit Facility, net     (25,000)
Proceeds received from (repayments of) Secured Borrowings, net (757) 17,637  
Payment of deferred financing costs (3,530) (4,079) (3,390)
Dividends paid to stockholders, including expenses (49,052) (39,100) (32,508)
Repurchases of common stock under Stock Repurchase Program     (268)
Net cash provided by (used for) financing activities (1,530) (122,792) 53,334
Net increase (decrease) in cash and cash equivalents (107,067) 45,109 109,296
Beginning of period 169,417 124,308 15,012
End of period 62,350 169,417 124,308
Supplemental information and non-cash activities:      
Cash payments for interest 16,482 15,781 17,412
Cash payments for taxes, net of tax refunds received $ 4,294 $ 431 $ 1,711