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SUBSEQUENT EVENTS
12 Months Ended
Mar. 31, 2023
Subsequent Events [Abstract]  
SUBSEQUENT EVENTS SUBSEQUENT EVENTS
Distributions and Dividends
In April 2023, our Board of Directors declared the following monthly and supplemental cash distributions to common stockholders:
Record Date
Payment DateDistribution per Common Share
April 21, 2023April 28, 2023$0.08 
May 23, 2023May 31, 20230.08 
June 5, 2023June 15, 20230.12 
(A)
June 21, 2023June 30, 20230.08 

Total for the Quarter:$0.36 
(A)Represents a supplemental distribution to common stockholders.

Revolving Line of Credit

On April 10, 2023, we, through Business Investment, entered into Amendment No. 7 to the Credit Facility to update the reference rate from LIBOR to Term SOFR plus an 11 basis point credit spread adjustment.

Director Activity

Terry Lee Brubaker resigned from our Board of Directors, effective April 14, 2023. Mr. Brubaker's resignation was not a result of any disagreement with the Company on any matters relating to the Company's operations, policies, or practices.