XML 15 R5.htm IDEA: XBRL DOCUMENT v3.25.0.1
Consolidated Statements of Changes in Net Assets - USD ($)
$ in Thousands
3 Months Ended 12 Months Ended
Dec. 31, 2024
Mar. 31, 2024
Dec. 31, 2023
Mar. 31, 2023
Dec. 31, 2022
Mar. 31, 2022
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Beginning balance (in Shares)   30,438,979   24,727,788   24,437,400 30,438,979 24,727,788 24,437,400 24,437,400
Beginning balance   $ 589,474   $ 480,343   $ 487,764 $ 589,474 $ 480,343 $ 487,764  
Public offering of common stock, net of expenses             66,269 110,325 5,809  
Shares issued under dividend reinvestment plan             1,595 603    
Net investment income $ 18,648 $ 17,627 $ 16,939 $ 14,723 $ 12,484 $ 10,338 74,636 65,106 46,549  
Net realized gain (loss) on investments, net of taxes             10,105 22,409 63,794  
Net unrealized appreciation (depreciation) on investments             (5,928) (10,359) (65,702)  
Realized losses on extinguishment of debt             (521) (23) (251) $ (251)
Dividends declared             $ (79,964) $ (78,930) (49,052)  
Deemed distribution of long term capital gains                 $ (8,568)  
Ending balance (in Shares) 33,914,652   30,438,979   24,727,788   33,914,652 30,438,979 24,727,788 24,437,400
Ending balance $ 655,666   $ 589,474   $ 480,343   $ 655,666 $ 589,474 $ 480,343 $ 487,764
Common Stock                    
Beginning balance (in Shares)   30,438,979   24,727,788   24,437,400 30,438,979 24,727,788 24,437,400  
Beginning balance   $ 31   $ 25   $ 24 $ 31 $ 25 $ 24  
Public offering of common stock, net of expenses, shares             3,393,501 5,680,355 290,388  
Public offering of common stock, net of expenses             $ 3 $ 6 $ 1  
Shares issued under dividend reinvestment plan, shares             82,172 30,836 0  
Shares issued under dividend reinvestment plan             $ 0 $ 0    
Ending balance (in Shares) 33,914,652   30,438,979   24,727,788   33,914,652 30,438,979 24,727,788 24,437,400
Ending balance $ 34   $ 31   $ 25   $ 34 $ 31 $ 25 $ 24
Additional Paid-in Capital                    
Beginning balance   504,087   395,916   361,807 504,087 395,916 361,807  
Public offering of common stock, net of expenses             66,266 110,319 5,808  
Shares issued under dividend reinvestment plan             1,595 603    
Deemed distribution of long term capital gains                 32,233  
Tax reclassification of stockholders' equity in accordance with generally accepted accounting principles             (4,789) (2,751) (3,932)  
Ending balance 567,159   504,087   395,916   567,159 504,087 395,916 361,807
Total Distributable Earnings                    
Beginning balance   $ 85,356   $ 84,402   $ 125,933 85,356 84,402 125,933  
Net investment income             74,636 65,106 46,549  
Net realized gain (loss) on investments, net of taxes             10,105 22,409 63,794  
Net unrealized appreciation (depreciation) on investments             (5,928) (10,359) (65,702)  
Realized losses on extinguishment of debt             (521) (23) (251)  
Dividends declared             (79,964) (78,930) (49,052)  
Deemed distribution of long term capital gains                 (40,801)  
Tax reclassification of stockholders' equity in accordance with generally accepted accounting principles             4,789 2,751 3,932  
Ending balance $ 88,473   $ 85,356   $ 84,402   $ 88,473 $ 85,356 $ 84,402 $ 125,933