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Consolidated Statements of Cash Flows - USD ($)
 12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Operating activities      
Net increase (decrease) in net assets resulting from operations $ (88,931,013) $ (63,137,172) $ 38,474,432
Adjustments to reconcile net increase (decrease) in net assets resulting from operations to net cash provided by (used in) operating activities:      
Net realized (gain) loss 278,132,766 67,110,946 31,648,232
Change in net unrealized (appreciation) depreciation of investments (80,063,251) 127,718,167 36,256,621
Net amortization of investment discounts and premiums (13,088,537) (21,849,303) (5,835,136)
Amortization of original issue discount on debt 285,479 371,015 214,762
Interest and dividend income paid in kind (21,891,981) (15,827,081) (10,392,996)
Amortization of deferred debt issuance costs 5,170,292 4,678,811 3,037,427
Cash acquired in the Merger 0 11,670,610 0
Merger costs capitalized into purchase price 0 (2,366,408) 0
Changes in assets and liabilities:      
Purchases of investments [1],[2] (251,305,334) (325,794,590) (215,700,132)
Proceeds from disposition of investments [1] 352,700,346 517,085,063 218,669,941
Decrease (increase) in interest, dividends and fees receivable [1] (1,620,801) 11,673,902 (4,746,887)
Decrease (increase) in due from broker [1] 851,683 1,274,539 0
Decrease (increase) in receivable for investments sold [1] (21,825,709) (3,816,255) 0
Decrease (increase) in prepaid expenses and other assets [1] (692,213) 208,345 559,118
Increase (decrease) in payable for investments purchased [1] (99,494) (1,454,570) (977,465)
Increase (decrease) in incentive fees payable [1] 0 (6,711,336) 464,136
Increase (decrease) in interest and debt related payables [1] (1,060,296) (3,029,629) 1,146,832
Increase (decrease) in Interest Rate Swap, at fair value [1] (774,861) (996,337) 0
Increase (decrease) in reimbursements due to the Advisor [1] 339,858 87,560 (654,069)
Increase (decrease) in management fees payable [1] (2,357,649) (1,827,798) (394,097)
Increase (decrease) in accrued expenses and other liabilities [1] 1,146,371 (1,946,403) 682,979
Net cash provided by (used in) operating activities [1] 154,915,656 293,122,076 92,453,698
Financing activities      
Draws on credit facilities 282,185,436 372,843,137 292,695,015
Repayments of credit facility draws (276,051,870) (622,500,000) (253,416,188)
Payments of debt issuance costs (1,383,973) (8,440,948) (1,410,711)
Dividends paid to shareholders [3] (95,168,075) (122,537,869) (100,515,039)
Repurchase of shares (3,011,382) (4,524,639) 0
Repayment of unsecured notes (92,000,000) (250,000,000) 0
Proceeds from issuance of unsecured notes 0 321,386,000 0
Net cash provided by (used in) financing activities (185,429,864) (313,774,319) (62,646,923)
Net increase (decrease) in cash and cash equivalents (including restricted cash) (30,514,208) (20,652,244) 29,806,775
Cash and cash equivalents (including restricted cash) at beginning of period 91,589,702 112,241,946 82,435,171
Cash and cash equivalents (including restricted cash) at end of period 61,075,494 91,589,702 112,241,946
Supplemental cash flow information      
Interest payments 59,626,875 68,818,965 42,591,908
Excise tax payments 478,159 165,495 48,604
Non-cash assets acquired:      
Investments [4],[5] 0 586,983,708 0
Interest, dividends and fees receivable [4] 0 10,373,421 0
Due from broker [4] 0 2,048,141 0
Other assets [4] 0 3,731,006 0
Total non-cash assets acquired [4] 0 603,136,276 0
Liabilities assumed:      
Debt [4] 0 315,296,749 0
Dividends payable [4] 0 7,257,191 0
Management fees payable [4] 0 1,888,664 0
Interest Rate Swap, at fair value [4] 0 1,674,309 0
Incentive fees payable [4] 0 1,363,625 0
Other liabilities [4] 0 4,495,330 0
Total liabilities assumed [4] 0 331,975,868 0
Issuance of shares in connection with the Merger [4] 0 280,464,610 0
Merger costs capitalized into purchase price [4] $ 0 $ 2,366,408 $ 0
[1] Adjusted for assets acquired and liabilities assumed as a result of the Merger (as defined in Note 1 “Organization and Nature of Operations”), as applicable for the year ended December 31, 2024.
[2] Excludes $586,983,708 of cost of investments acquired in connection with the Merger for the year ended December 31, 2024.
[3] Includes payment of dividends payable of $7,257,191 assumed in the Merger declared on March 4, 2024 by the BCIC Board of Directors for the benefit of former BCIC shareholders of record as of March 15, 2024.
[4] On March 18, 2024, in connection with the Merger, the Company acquired net assets in exchange for shares issued of the Company's common stock with a market value of $280,464,610 plus $2,366,408 in merger costs capitalized into the purchase price.
[5] Investments acquired were recorded at fair value at the date of the acquisition, which is also the Company's initial cost basis in the investments, and reflects the impact of a $21,886,848 purchase discount for the year ended December 31, 2024.