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Consolidated Statements of Operations (unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Investment Income:    
Total interest income $ 25,956 $ 17,081
Total payment-in-kind interest income 637 547
Total dividend income 384 689
Total fee income 1,436 2,198
Interest on idle funds 643 3
Total investment income 29,056 20,518
Expenses:    
Interest and financing expenses 5,185 4,412
Base management fee 3,854 3,343
Incentive fee - income 3,647 1,053
Incentive fee (reversal) - capital gains 153 270
Administrative service expenses 473 422
Professional fees 816 599
Other general and administrative expenses 240 203
Total expenses before base management fee waiver 14,368 10,302
Base management fee waiver (72) (76)
Total expenses, net of base management fee waiver 14,296 10,226
Net investment income before income taxes 14,760 10,292
Income tax provision (benefit) 37 (46)
Net investment income 14,723 10,338
Net realized and unrealized gains (losses) on investments:    
Total net realized gain (loss) on investments 58 6,868
Income tax (provision) benefit from realized gains on investments   1
Total net change in unrealized appreciation (depreciation) on investments 708 (5,319)
Net gain (loss) on investments 766 1,550
Realized losses on extinguishment of debt   (198)
Net increase (decrease) in net assets resulting from operations $ 15,489 $ 11,690
Per common share data:    
Net investment income per share-basic $ 0.59 $ 0.42
Net investment income per share-diluted 0.59 0.42
Net increase in net assets resulting from operations per share - basic and diluted 0.62 0.48
Dividends declared per share $ 0.66 $ 0.53
Weighted average number of shares outstanding - basic 24,803,951 24,437,400
Weighted average number of shares outstanding - diluted 24,803,951 24,437,400
Control Investments    
Net realized and unrealized gains (losses) on investments:    
Total net realized gain (loss) on investments   $ 139
Total net change in unrealized appreciation (depreciation) on investments   (230)
Affiliate Investments    
Investment Income:    
Total interest income $ 1,050 884
Total payment-in-kind interest income   30
Total dividend income 348 656
Total fee income 5 137
Net realized and unrealized gains (losses) on investments:    
Total net realized gain (loss) on investments   324
Total net change in unrealized appreciation (depreciation) on investments (2,489) (5,879)
Non-control/Non-affiliate Investments    
Investment Income:    
Total interest income 24,906 16,197
Total payment-in-kind interest income 637 517
Total dividend income 36 33
Total fee income 1,431 2,061
Net realized and unrealized gains (losses) on investments:    
Total net realized gain (loss) on investments 58 6,405
Total net change in unrealized appreciation (depreciation) on investments $ 3,197 $ 790