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Consolidated Statements of Changes in Net Assets (unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended 12 Months Ended
Jun. 30, 2024
Mar. 31, 2024
Jun. 30, 2023
Mar. 31, 2023
Jun. 30, 2024
Jun. 30, 2023
Dec. 31, 2023
Beginning balance $ 608,340 $ 589,474 $ 484,646 $ 480,343 $ 589,474 $ 480,343 $ 480,343
Public offering of common stock, net of expenses 33,019 19,170 4,837 5,306      
Shares issued under dividend reinvestment plan, shares         43,755   30,836
Shares issued under dividend reinvestment plan 847   604   $ 847   $ 603
Net investment income 16,950 17,627 16,784 14,723 34,577 $ 31,507  
Net realized gain (loss) on investments, net of taxes 9,205 1,799 (7,079) 58      
Net unrealized appreciation (depreciation) on investments (2,056) 1,218 1,210 708      
Realized losses on extinguishment of debt   (521)     $ (521)    
Dividends declared $ (19,539) (20,427) $ (17,654) (16,492)      
Ending balance (in Shares) 33,161,240   25,265,808   33,161,240 25,265,808  
Ending balance $ 646,766 $ 608,340 $ 483,348 $ 484,646 $ 646,766 $ 483,348 $ 589,474
Common Stock              
Beginning balance (in Shares) 31,426,149 30,438,979 24,988,398 24,727,788 30,438,979 24,727,788 24,727,788
Beginning balance $ 32 $ 31 $ 25 $ 25 $ 31 $ 25 $ 25
Public offering of common stock, net of expenses, shares 1,691,336 987,170 246,574 260,610      
Public offering of common stock, net of expenses $ 2 $ 1 $ 0 $ 0      
Shares issued under dividend reinvestment plan, shares 43,755   30,836   43,755 30,836  
Shares issued under dividend reinvestment plan $ 0   $ 0        
Ending balance (in Shares) 33,161,240 31,426,149 25,265,808 24,988,398 33,161,240 25,265,808 30,438,979
Ending balance $ 34 $ 32 $ 25 $ 25 $ 34 $ 25 $ 31
Additional Paid-in Capital              
Beginning balance 523,467 504,298 401,222 395,916 504,298 395,916 395,916
Public offering of common stock, net of expenses 33,017 19,169 4,837 5,306      
Shares issued under dividend reinvestment plan 847   604        
Ending balance 557,331 523,467 406,663 401,222 557,331 406,663 504,298
Total Distributable Earnings              
Beginning balance 84,841 85,145 83,399 84,402 85,145 84,402 84,402
Net investment income 16,950 17,627 16,784 14,723      
Net realized gain (loss) on investments, net of taxes 9,205 1,799 (7,079) 58      
Net unrealized appreciation (depreciation) on investments (2,056) 1,218 1,210 708      
Realized losses on extinguishment of debt   (521)          
Dividends declared (19,539) (20,427) (17,654) (16,492)      
Ending balance $ 89,401 $ 84,841 $ 76,660 $ 83,399 $ 89,401 $ 76,660 $ 85,145