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Financial Highlights (Tables) | 9 Months Ended
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Sep. 30, 2025
Investment Company, Financial Highlights [Abstract] |
Schedule of Financial Highlights | Below is the schedule of the Company’s financial highlights (in thousands, except share and per share data):
|  | For the nine months ended September 30,
|  | 2025 |  |  | 2024 |  |
Per Share Data:(1) |  |  |  |  |  |  |
Net asset value, beginning of period |  | $ | 19.98 |  |  | $ | 20.04 |  |
Net investment income after tax |  |  | 1.36 |  |  |  | 1.85 |  |
Net realized and unrealized gains (losses) on investments and forward contracts, net of taxes |  |  | (0.66 | ) |  |  | (0.13 | ) |
Net increase (decrease) in net assets resulting from operations |  |  | 0.70 |  |  |  | 1.72 |  |
Distributions declared from net investment income(2) |  |  | (1.41 | ) |  |  | (1.55 | ) |
Effects of rounding |  |  | 0.01 |  |  |  | (0.01 | ) |
Total increase (decrease) in net assets |  |  | (0.70 | ) |  |  | 0.16 |  |
Net asset value, end of period |  | $ | 19.28 |  |  | $ | 20.20 |  |
Shares outstanding, end of period |  |  | 37,039,657 |  |  |  | 37,061,547 |  |
Market value, end of period |  | $ | 14.26 |  |  | $ | 18.50 |  |
Weighted average shares outstanding |  |  | 37,061,226 |  |  |  | 37,061,547 |  |
Total return based on market value (3) |  |  | (18.94 | %) |  |  | 15.88 | % |
Total return based on net asset value (4) |  |  | 3.55 | % |  |  | 8.53 | % |
Ratio/Supplemental Data: |  |  |  |  |  |  |
Net assets, end of period |  | $ | 714,075 |  |  | $ | 748,807 |  |
Ratio of total net expenses to average net assets(5)(6) |  |  | 13.99 | % |  |  | 14.69 | % |
Ratio of net expenses (without incentive fees and interest and other debt expenses) to average net assets (6) |  |  | 4.00 | % |  |  | 3.63 | % |
Ratio of net investment income before taxes to average net assets (6) |  |  | 9.50 | % |  |  | 12.49 | % |
Ratio of interest and credit facility expenses to average net assets (6) |  |  | 8.03 | % |  |  | 8.50 | % |
Ratio of net incentive fees to average net assets (6) |  |  | 1.95 | % |  |  | 2.57 | % |
Portfolio turnover (7) |  |  | 14.74 | % |  |  | 16.56 | % |
Asset coverage ratio |  |  | 180 | % |  |  | 186 | % |
(1) Based on actual number of shares outstanding at the end of the corresponding period or the weighted average shares outstanding for the period, unless otherwise noted, as appropriate. (2) The per share data for distributions per share reflects the actual amount of distributions declared per share for the applicable periods. (3) Total return based on market value is calculated as the change in market value per share during the period, taking into account dividends, if any, reinvested in accordance with the Company’s dividend reinvestment plan. (4) Total return based on net asset value is calculated as the change in net asset value per share during the period plus declared dividends per share during the period, divided by the beginning net asset value per share, and not annualized. (5) The ratio of total expenses to average net assets in the table above reflects the Adviser’s voluntary waivers of its right to receive a portion of the management fees and income incentive fees with respect to the Company’s ownership in WhiteHawk III Onshore Fund LP and Freeport Financial SBIC Fund LP and a voluntary waiver of income incentive fees to the extent net investment income, excluding the effect of the GAAP incentive fee, falls short of the regular declared dividend on a full dollar basis. Excluding the effects of the voluntary waivers, the ratio of total expenses to average net assets would have been 14.02% and 14.60% f or the nine months ended September 30, 2025 and 2024, respectively, on an annualized basis. (6) Annualized. (7) Not annualized.

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- Definition Tabular disclosure of financial highlights. Includes, but is not limited to, per share information, income and expense ratios, total return, capital commitment and fee waiver. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 946 -SubTopic 205 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Publisher FASB -URI https://asc.fasb.org/1943274/2147478494/946-205-50-1 + Details
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