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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Cash Flows from Operating Activities:        
Net increase (decrease) in net assets resulting from operations $ 78,292 $ 77,133 $ 35,822 $ 35,822
Adjustments to reconcile net increase (decrease) in net assets resulting from operations to net cash provided by (used for) operating activities:        
Net change in unrealized (appreciation) depreciation on investments 5,928 10,359 65,702 65,702
Net realized (gain) loss on investments (11,585) (24,071) (65,635) (65,635)
Interest and dividend income paid-in-kind (7,840) (6,634)   (1,663)
Accretion of original issue discount (1,187) (461)   (242)
Accretion of loan origination fees (2,814) (2,504)   (1,625)
Purchase of investments (394,532) (336,741)   (333,846)
Proceeds from sales and repayments of investments 276,861 258,875   193,980
Proceeds from loan origination fees 2,569 3,600   2,124
Realized losses on extinguishment of debt 521 23 251 251
Amortization of deferred financing costs 2,110 2,146 2,104 2,104
Amortization of deferred equity financing costs 32 60   3
Changes in operating assets and liabilities:        
Interest receivable (3,154) (139)   (3,595)
Prepaid expenses and other assets 847 (501)   (1,045)
Accrued interest and fees payable (140) 1,177   79
Base management fee payable, net of base management fee waiver - due to affiliate 654 382   634
Income incentive fee payable - due to affiliate (93) 1,535   413
Capital gains incentive fee (reversal) - due to (from) affiliate (2,806) (5,150)   (6,568)
Administration fee payable and other - due to (from) affiliate 130 213   (92)
Taxes payable 623 (8,710)   7,527
Accounts payable and other liabilities 278 (49)   135
Net cash provided by (used for) operating activities (55,306) (29,457)   (105,537)
Cash Flows from Financing Activities:        
Proceeds from common stock offerings, net of expenses 66,269 110,325   5,809
Proceeds received from SBA debentures   62,000   76,000
Repayments of SBA debentures (35,000) (5,000)   (30,000)
Proceeds received from (repayments of) borrowings under Credit Facility, net 45,000      
Proceeds received from (repayments of) Secured Borrowings, net (2,206) (1,000)   (757)
Payment of deferred financing costs (2,360) (1,760)   (3,530)
Dividends paid to stockholders, including expenses (78,369) (78,327)   (49,052)
Net cash provided by (used for) financing activities (6,666) 86,238   (1,530)
Net increase (decrease) in cash and cash equivalents (61,972) 56,781   (107,067)
Beginning of period 119,131 62,350 62,350 169,417
End of period 57,159 119,131 $ 62,350 62,350
Supplemental information and non-cash activities:        
Cash payments for interest 22,428 19,426   16,482
Cash payments for taxes, net of tax refunds received 3,297 11,402   $ 4,294
Shares issued under dividend reinvestment plan $ 1,595 $ 603