XML 11 R5.htm IDEA: XBRL DOCUMENT v3.25.3
Consolidated Statements of Changes in Net Assets (unaudited) - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended 9 Months Ended 12 Months Ended
Sep. 30, 2025
Jun. 30, 2025
Mar. 31, 2025
Sep. 30, 2024
Jun. 30, 2024
Mar. 31, 2024
Jun. 30, 2025
Sep. 30, 2025
Sep. 30, 2024
Dec. 31, 2024
Beginning balance $ 692,297 $ 677,930 $ 655,666 $ 646,766 $ 608,340 $ 589,474 $ 655,666 $ 655,666 $ 589,474 $ 589,474
Public offering of common stock, net of expenses 19,579 7,540 20,661 14,080 33,019 19,170        
Shares issued under dividend reinvestment plan 681 631 700 748 847          
Net investment income 17,369 18,628 18,222 21,411 16,950 17,627   $ 54,219 $ 55,988  
Net realized gain (loss) on investments, net of taxes (1,351) (7,647) 11,480 (366) 9,205 1,799        
Net unrealized appreciation (depreciation) on investments 3,424 14,378 (9,793) (4,568) (2,056) 1,218        
Realized losses on extinguishment of debt (304) (75) (251)     (521)        
Dividends declared $ (20,661) (19,088) (18,755) $ (19,310) (19,539) (20,427)        
Ending balance (in Shares) 36,347,868     33,914,652       36,347,868 33,914,652  
Ending balance $ 711,034 $ 692,297 $ 677,930 $ 658,761 $ 646,766 $ 608,340 $ 692,297 $ 711,034 $ 658,761 $ 655,666
Common Stock                    
Beginning balance (in Shares) 35,379,900 34,970,709 33,914,652 33,161,240 31,426,149 30,438,979 33,914,652 33,914,652 30,438,979 30,438,979
Beginning balance $ 35 $ 35 $ 34 $ 34 $ 32 $ 31 $ 34 $ 34 $ 31 $ 31
Public offering of common stock, net of expenses, shares 933,165 376,625 1,019,812 714,995 1,691,336 987,170        
Public offering of common stock, net of expenses $ 1   $ 1   $ 2 $ 1        
Shares issued under dividend reinvestment plan, shares 34,803 32,566 36,245 38,417 43,755     103,614 82,172  
Ending balance (in Shares) 36,347,868 35,379,900 34,970,709 33,914,652 33,161,240 31,426,149 35,379,900 36,347,868 33,914,652 33,914,652
Ending balance $ 36 $ 35 $ 35 $ 34 $ 34 $ 32 $ 35 $ 36 $ 34 $ 34
Additional Paid-in Capital                    
Beginning balance 596,690 588,519 567,159 557,120 523,256 504,087 567,159 567,159 504,087 504,087
Public offering of common stock, net of expenses 19,578 7,540 20,660 14,080 33,017 19,169        
Shares issued under dividend reinvestment plan 681 631 700 748 847          
Ending balance 616,949 596,690 588,519 571,948 557,120 523,256 596,690 616,949 571,948 567,159
Total Distributable Earnings                    
Beginning balance 95,572 89,376 88,473 89,612 85,052 85,356 88,473 88,473 85,356 85,356
Net investment income 17,369 18,628 18,222 21,411 16,950 17,627        
Net realized gain (loss) on investments, net of taxes (1,351) (7,647) 11,480 (366) 9,205 1,799        
Net unrealized appreciation (depreciation) on investments 3,424 14,378 (9,793) (4,568) (2,056) 1,218        
Realized losses on extinguishment of debt (304) (75) (251)     (521)        
Dividends declared (20,661) (19,088) (18,755) (19,310) (19,539) (20,427)        
Ending balance $ 94,049 $ 95,572 $ 89,376 $ 86,779 $ 89,612 $ 85,052 $ 95,572 $ 94,049 $ 86,779 $ 88,473