XML 69 R57.htm IDEA: XBRL DOCUMENT
v3.22.2.2

Financing Arrangements - Schedule of Credit Facility (Details) - USD ($) $ in Thousands | 3 Months Ended | 5 Months Ended | 9 Months Ended | 12 Months Ended
--- | --- | --- | --- | ---
Sep. 30, 2022 | Sep. 30, 2021 | Sep. 30, 2022 | Sep. 30, 2022 | Sep. 30, 2021 | Dec. 31, 2021
Debt Instrument [Line Items] |  |  |  |  |  |
Amortization of debt issuance costs | $ 835 | $ 670 |  | $ 2,339 | $ 2,101 | $ 2,800
JPM Credit Facility |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |
Stated interest expense | 7,906 | 4,532 |  | 18,669 | 13,625 | 18,299
Amortization of debt issuance costs | 576 | 464 |  | 1,637 | 1,628 | 2,119
Non-usage fee | 188 | 64 |  | 451 | 432 | 457
Total interest expense | $ 8,670 | $ 5,060 |  | $ 20,757 | $ 15,685 | $ 20,875
Weighted average interest rate | 5.32% | 3.28% |  | 4.33% | 3.41% | 3.36%
Average borrowings | $ 601,739 | $ 550,000 |  | $ 584,066 | $ 543,681 | $ 549,110
2026 Notes |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |
Stated interest expense | 1,406 | 1,437 |  | 4,234 | 3,625 | 5,062
Amortization of debt issuance costs | 135 | 135 |  | 399 | 339 | 473
Total interest expense | $ 1,541 | $ 1,572 |  | $ 4,633 | $ 3,964 | $ 5,535
Weighted average interest rate | 4.50% | 4.50% |  | 4.50% | 4.50% | 4.50%
Average borrowings | $ 125,000 | $ 125,000 |  | $ 125,000 | $ 125,000 | $ 125,000
UBS Facility |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |
Stated interest expense | 2,006 | 1,000 |  | 4,686 | 2,795 | 3,731
Non-usage fee | 14 | 74 |  | 82 | 263 | 349
Total interest expense | $ 2,020 | $ 1,074 |  | $ 4,768 | $ 3,058 | $ 4,080
Weighted average interest rate | 5.58% | 3.78% |  | 4.64% | 3.88% | 3.86%
Average borrowings | $ 142,500 | $ 111,413 |  | $ 135,577 | $ 103,846 | $ 104,110
2022 More Term Loan |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |
Stated interest expense | 715 |  | $ 1,125 |  |  |
Amortization of debt issuance costs | 52 |  | 88 |  |  |
Total interest expense | $ 767 |  | $ 1,213 |  |  |
Weighted average interest rate | 5.59% |  | 5.16% |  |  |
Average borrowings | $ 50 |  | $ 50 |  |  |
2021 More Term Loan |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |
Stated interest expense | 399 | 399 |  | 1,183 | 711 | 1,109
Amortization of debt issuance costs | 72 | 71 |  | 215 | 134 | 208
Total interest expense | $ 471 | $ 470 |  | $ 1,398 | $ 845 | $ 1,317
Weighted average interest rate | 5.20% | 5.20% |  | 5.20% | 5.20% | 5.20%
Average borrowings | $ 30 | $ 30 |  | $ 30 | $ 30 | $ 30

X
- Definition Non-Usage Fee Expense + References No definition available. + Details
Name: | cion_NonUsageFeeExpense
Namespace Prefix: | cion_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Amount of amortization expense attributable to debt issuance costs. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 28 -Subparagraph (b) -URI https://asc.fasb.org/extlink&oid=126954810&loc=d3e3602-108585 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03(8)) -URI https://asc.fasb.org/extlink&oid=126953954&loc=SL114868664-224227 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 20 -Section 50 -Paragraph 1F -Subparagraph (b)(2) -URI https://asc.fasb.org/extlink&oid=123466505&loc=SL123495355-112611 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 45 -Paragraph 3 -URI https://asc.fasb.org/extlink&oid=124435984&loc=d3e28555-108399 + Details
Name: | us-gaap_AmortizationOfFinancingCosts
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition The average effective interest rate during the reporting period. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 45 -Paragraph 2 -URI https://asc.fasb.org/extlink&oid=124435984&loc=d3e28551-108399 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 20 -Section 50 -Paragraph 1F -Subparagraph (a) -URI https://asc.fasb.org/extlink&oid=123466505&loc=SL123495355-112611 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.22(a)(1)) -URI https://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 + Details
Name: | us-gaap_DebtInstrumentInterestRateDuringPeriod
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. + References No definition available. + Details
Name: | us-gaap_DebtInstrumentLineItems
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Amount of the cost of borrowed funds accounted for as interest expense for debt. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 20 -Section 50 -Paragraph 6 -Subparagraph (b) -URI https://asc.fasb.org/extlink&oid=123466204&loc=SL6036836-161870 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03.8) -URI https://asc.fasb.org/extlink&oid=126953954&loc=SL114868664-224227 Reference 3: http://www.xbrl.org/2003/role/exampleRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 20 -Section 55 -Paragraph 69F -URI https://asc.fasb.org/extlink&oid=123466577&loc=SL123495745-112612 Reference 4: http://www.xbrl.org/2003/role/exampleRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 20 -Section 55 -Paragraph 69E -URI https://asc.fasb.org/extlink&oid=123466577&loc=SL123495743-112612 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 20 -Section 50 -Paragraph 1F -Subparagraph (b) -URI https://asc.fasb.org/extlink&oid=123466505&loc=SL123495355-112611 + Details
Name: | us-gaap_InterestExpenseDebt
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Represents the portion of interest incurred in the period on debt arrangements that was charged against earnings, excluding amortization of debt discount (premium) and financing costs. + References Reference 1: http://www.xbrl.org/2003/role/exampleRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 20 -Section 55 -Paragraph 69E -URI https://asc.fasb.org/extlink&oid=123466577&loc=SL123495743-112612 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 20 -Section 50 -Paragraph 1F -Subparagraph (b)(1) -URI https://asc.fasb.org/extlink&oid=123466505&loc=SL123495355-112611 Reference 3: http://www.xbrl.org/2003/role/exampleRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 20 -Section 55 -Paragraph 69F -URI https://asc.fasb.org/extlink&oid=123466577&loc=SL123495745-112612 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph 8 -URI https://asc.fasb.org/extlink&oid=126953954&loc=SL114868664-224227 + Details
Name: | us-gaap_InterestExpenseDebtExcludingAmortization
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Average amount borrowed under the credit facility during the period. + References No definition available. + Details
Name: | us-gaap_LineOfCreditFacilityAverageOutstandingAmount
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Details
Name: | us-gaap_DebtInstrumentAxis=cion_JPMCreditFacilityMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=cion_A2026NotesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=cion_UBSFacilityMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=cion_A2022MoreTermLoanMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=cion_A2021MoreTermLoanMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |