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Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2022
Dec. 31, 2021
Assets    
Investments, at fair value: $ 1,807,048 [1] $ 1,754,039 [2]
Cash 43,661 3,774
Interest receivable on investments 26,976 21,549
Receivable due on investments sold and repaid 7,146 2,854
Prepaid expenses and other assets 841 466
Total assets 1,885,672 1,782,682
Liabilities    
Financing arrangements (net of unamortized debt issuance costs of $7,014 and $7,628, respectively) 950,486 822,372
Payable for investments purchased 0 11,327
Accounts payable and accrued expenses 1,853 1,922
Interest payable 5,143 4,339
Accrued management fees 6,943 6,673
Accrued subordinated incentive fee on income 5,421 3,942
Accrued administrative services expense 604 1,595
Share repurchases payable 316 0
Total liabilities 970,766 852,170
Commitments and contingencies (Note 4 and Note 11)
Shareholders' Equity    
Common stock, $$0.001 par value; 500,000,000 shares authorized; 56,373,217 and 56,958,440 shares issued, and 56,262,964 and 56,958,440 shares outstanding, respectively 57 57
Capital in excess of par value 1,053,278 1,059,989
Accumulated distributable losses (138,429) (129,534)
Total shareholders' equity 914,906 930,512
Total liabilities and shareholders' equity $ 1,885,672 $ 1,782,682
Net asset value per share of common stock at end of period [3] $ 16.26 $ 16.34
Non-controlled, non-affiliated investments    
Assets    
Investments, at fair value: $ 1,567,403 $ 1,581,124
Non-controlled, affiliated investments    
Assets    
Investments, at fair value: 142,202 81,490
Controlled investments    
Assets    
Investments, at fair value: $ 97,443 $ 91,425
[1] Fair value determined in good faith by the Company’s board of directors (see Note 9), including via delegation to CIM as the Company’s valuation designee (see Note 2), using significant unobservable inputs unless otherwise noted.
[2] Fair value determined in good faith by the Company’s board of directors (see Note 9) using significant unobservable inputs unless otherwise noted.
[3] As discussed in Note 3, the Company completed a two-to-one reverse stock split, effective as of September 21, 2021. The shares outstanding used in the computation of net asset value per share reflect the reverse stock split on a retroactive basis.