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Consolidated Statements of Changes in Net Assets (unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2023
Jun. 30, 2023
Mar. 31, 2023
Sep. 30, 2022
Jun. 30, 2022
Mar. 31, 2022
Sep. 30, 2023
Sep. 30, 2022
Beginning balance $ 483,348 $ 484,646 $ 480,343 $ 483,975 $ 486,502 $ 487,764 $ 480,343 $ 487,764
Public offering of common stock, net of expenses 61,465 4,837 5,306          
Shares issued under dividend reinvestment plan, shares             30,836  
Shares issued under dividend reinvestment plan   604         $ 603  
Net investment income 16,660 16,784 14,723 12,719 11,008 10,338 48,167 34,065
Net realized gain (loss) on investments, net of taxes 9,719 (7,079) 58 40,044 18,186 6,869    
Net unrealized appreciation (depreciation) on investments (2,057) 1,210 708 (41,282) (21,213) (5,319)    
Realized losses on extinguishment of debt (23)     (53)   (198) $ (23) $ (251)
Dividends declared $ (20,487) (17,654) (16,492) $ (21,016) (10,508) (12,952)    
Ending balance (in Shares) 28,453,469     24,437,400     28,453,469 24,437,400
Ending balance $ 548,625 $ 483,348 $ 484,646 $ 474,387 $ 483,975 $ 486,502 $ 548,625 $ 474,387
Common Stock                
Beginning balance (in Shares) 25,265,808 24,988,398 24,727,788 24,437,400 24,437,400 24,437,400 24,727,788 24,437,400
Beginning balance $ 25 $ 25 $ 25 $ 24 $ 24 $ 24 $ 25 $ 24
Public offering of common stock, net of expenses, shares 3,187,661 246,574 260,610          
Public offering of common stock, net of expenses $ 3 $ 0 $ 0          
Shares issued under dividend reinvestment plan, shares 0 30,836   0     30,836 0
Shares issued under dividend reinvestment plan   $ 0            
Ending balance (in Shares) 28,453,469 25,265,808 24,988,398 24,437,400 24,437,400 24,437,400 28,453,469 24,437,400
Ending balance $ 28 $ 25 $ 25 $ 24 $ 24 $ 24 $ 28 $ 24
Additional Paid-in Capital                
Beginning balance 406,419 400,978 395,672 361,807 361,807 361,807 395,672 361,807
Public offering of common stock, net of expenses 61,462 4,837 5,306          
Shares issued under dividend reinvestment plan   604            
Ending balance 467,881 406,419 400,978 361,807 361,807 361,807 467,881 361,807
Total Distributable Earnings                
Beginning balance 76,904 83,643 84,646 122,144 124,671 125,933 84,646 125,933
Net investment income 16,660 16,784 14,723 12,719 11,008 10,338    
Net realized gain (loss) on investments, net of taxes 9,719 (7,079) 58 40,044 18,186 6,869    
Net unrealized appreciation (depreciation) on investments (2,057) 1,210 708 (41,282) (21,213) (5,319)    
Realized losses on extinguishment of debt (23)     (53)   (198)    
Dividends declared 20,487 (17,654) (16,492) 21,016 (10,508) (12,952)    
Ending balance $ 80,716 $ 76,904 $ 83,643 $ 112,556 $ 122,144 $ 124,671 $ 80,716 $ 112,556