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Consolidated Statements of Changes in Net Assets (unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended 12 Months Ended
Sep. 30, 2024
Jun. 30, 2024
Mar. 31, 2024
Sep. 30, 2023
Jun. 30, 2023
Mar. 31, 2023
Sep. 30, 2024
Sep. 30, 2023
Dec. 31, 2023
Beginning balance $ 646,766 $ 608,340 $ 589,474 $ 483,348 $ 484,646 $ 480,343 $ 589,474 $ 480,343 $ 480,343
Public offering of common stock, net of expenses 14,080 33,019 19,170 61,465 4,837 5,306      
Shares issued under dividend reinvestment plan 748 847     604        
Net investment income 21,411 16,950 17,627 16,660 16,784 14,723 55,988 48,167  
Net realized gain (loss) on investments, net of taxes (366) 9,205 1,799 9,719 (7,079) 58      
Net unrealized appreciation (depreciation) on investments (4,568) (2,056) 1,218 (2,057) 1,210 708      
Realized losses on extinguishment of debt     (521) (23)     $ (521) $ (23)  
Dividends declared $ (19,310) (19,539) (20,427) $ (20,487) (17,654) (16,492)      
Ending balance (in Shares) 33,914,652     28,453,469     33,914,652 28,453,469  
Ending balance $ 658,761 $ 646,766 $ 608,340 $ 548,625 $ 483,348 $ 484,646 $ 658,761 $ 548,625 $ 589,474
Common Stock                  
Beginning balance (in Shares) 33,161,240 31,426,149 30,438,979 25,265,808 24,988,398 24,727,788 30,438,979 24,727,788 24,727,788
Beginning balance $ 34 $ 32 $ 31 $ 25 $ 25 $ 25 $ 31 $ 25 $ 25
Public offering of common stock, net of expenses, shares 714,995 1,691,336 987,170 3,187,661 246,574 260,610      
Public offering of common stock, net of expenses $ 0 $ 2 $ 1 $ 3 $ 0 $ 0      
Shares issued under dividend reinvestment plan, shares 38,417 43,755   0 30,836   82,172 30,836  
Shares issued under dividend reinvestment plan $ 0 $ 0     $ 0        
Ending balance (in Shares) 33,914,652 33,161,240 31,426,149 28,453,469 25,265,808 24,988,398 33,914,652 28,453,469 30,438,979
Ending balance $ 34 $ 34 $ 32 $ 28 $ 25 $ 25 $ 34 $ 28 $ 31
Additional Paid-in Capital                  
Beginning balance 557,331 523,467 504,298 406,663 401,222 395,916 504,298 395,916 395,916
Public offering of common stock, net of expenses 14,080 33,017 19,169 61,462 4,837 5,306      
Shares issued under dividend reinvestment plan 748 847     604        
Ending balance 572,159 557,331 523,467 468,125 406,663 401,222 572,159 468,125 504,298
Total Distributable Earnings                  
Beginning balance 89,401 84,841 85,145 76,660 83,399 84,402 85,145 84,402 84,402
Net investment income 21,411 16,950 17,627 16,660 16,784 14,723      
Net realized gain (loss) on investments, net of taxes (366) 9,205 1,799 9,719 (7,079) 58      
Net unrealized appreciation (depreciation) on investments (4,568) (2,056) 1,218 (2,057) 1,210 708      
Realized losses on extinguishment of debt     (521) (23)          
Dividends declared (19,310) (19,539) (20,427) (20,487) (17,654) (16,492)      
Ending balance $ 86,568 $ 89,401 $ 84,841 $ 80,472 $ 76,660 $ 83,399 $ 86,568 $ 80,472 $ 85,145