XML 59 R47.htm IDEA: XBRL DOCUMENT
v3.23.1

Investments - Summary Investment Holdings (Details) - USD ($) $ in Thousands | 3 Months Ended | 12 Months Ended
--- | --- | ---
Mar. 31, 2023 | Dec. 31, 2022
Summary of Investment Holdings [Line Items] |  |  |
Investments at Fair Value | $ 1,723,352 | [1] | $ 1,760,030
Investments, Excluding Short-Term Investments |  |  |
Summary of Investment Holdings [Line Items] |  |  |
Investments at Fair Value | 1,657,026 |  | 1,749,161
Short term investments |  |  |
Summary of Investment Holdings [Line Items] |  |  |
Investments at Fair Value | $ 66,326 | [1] | $ 10,869
Investments at fair value | Industry Concentration |  |  |
Summary of Investment Holdings [Line Items] |  |  |
Percentage of Investment Portfolio | 100.00% |  | 100.00%
Investments at fair value | Geographic Concentration |  |  |
Summary of Investment Holdings [Line Items] |  |  |
Percentage of Investment Portfolio | 100.00% |  | 100.00%
United States |  |  |
Summary of Investment Holdings [Line Items] |  |  |
Investments at Fair Value | $ 1,647,499 |  | $ 1,739,866
United States | Investments at fair value | Geographic Concentration |  |  |
Summary of Investment Holdings [Line Items] |  |  |
Percentage of Investment Portfolio | 99.40% |  | 99.50%
Canada |  |  |
Summary of Investment Holdings [Line Items] |  |  |
Investments at Fair Value | $ 7,485 |  | $ 7,452
Canada | Investments at fair value | Geographic Concentration |  |  |
Summary of Investment Holdings [Line Items] |  |  |
Percentage of Investment Portfolio | 0.40% |  | 0.40%
Cayman Islands |  |  |
Summary of Investment Holdings [Line Items] |  |  |
Investments at Fair Value | $ 1,133 |  | $ 1,179
Cayman Islands | Investments at fair value | Geographic Concentration |  |  |
Summary of Investment Holdings [Line Items] |  |  |
Percentage of Investment Portfolio | 0.10% |  | 0.10%
Bermuda |  |  |
Summary of Investment Holdings [Line Items] |  |  |
Investments at Fair Value | $ 909 |  | $ 664
Bermuda | Investments at fair value | Geographic Concentration |  |  |
Summary of Investment Holdings [Line Items] |  |  |
Percentage of Investment Portfolio | 0.10% |  | 0.00%
Services: Business |  |  |
Summary of Investment Holdings [Line Items] |  |  |
Investments at Fair Value | $ 340,815 |  | $ 336,055
Services: Business | Investments at fair value | Industry Concentration |  |  |
Summary of Investment Holdings [Line Items] |  |  |
Percentage of Investment Portfolio | 20.60% |  | 19.20%
Healthcare & Pharmaceuticals |  |  |
Summary of Investment Holdings [Line Items] |  |  |
Investments at Fair Value | $ 232,306 |  | $ 237,082
Healthcare & Pharmaceuticals | Investments at fair value | Industry Concentration |  |  |
Summary of Investment Holdings [Line Items] |  |  |
Percentage of Investment Portfolio | 14.00% |  | 13.60%
Media: Diversified & Production |  |  |
Summary of Investment Holdings [Line Items] |  |  |
Investments at Fair Value | $ 126,177 |  | $ 134,927
Media: Diversified & Production | Investments at fair value | Industry Concentration |  |  |
Summary of Investment Holdings [Line Items] |  |  |
Percentage of Investment Portfolio | 7.60% |  | 7.70%
Services: Consumer |  |  |
Summary of Investment Holdings [Line Items] |  |  |
Investments at Fair Value | $ 106,082 |  | $ 115,849
Services: Consumer | Investments at fair value | Industry Concentration |  |  |
Summary of Investment Holdings [Line Items] |  |  |
Percentage of Investment Portfolio | 6.40% |  | 6.60%
Media: Advertising, Printing & Publishing |  |  |
Summary of Investment Holdings [Line Items] |  |  |
Investments at Fair Value | $ 87,247 |  | $ 105,375
Media: Advertising, Printing & Publishing | Investments at fair value | Industry Concentration |  |  |
Summary of Investment Holdings [Line Items] |  |  |
Percentage of Investment Portfolio | 5.30% |  | 6.00%
Diversified Financials |  |  |
Summary of Investment Holdings [Line Items] |  |  |
Investments at Fair Value | $ 81,724 |  | $ 99,819
Diversified Financials | Investments at fair value | Industry Concentration |  |  |
Summary of Investment Holdings [Line Items] |  |  |
Percentage of Investment Portfolio | 4.90% |  | 5.70%
Chemicals, Plastics & Rubber |  |  |
Summary of Investment Holdings [Line Items] |  |  |
Investments at Fair Value | $ 66,992 |  | $ 66,753
Chemicals, Plastics & Rubber | Investments at fair value | Industry Concentration |  |  |
Summary of Investment Holdings [Line Items] |  |  |
Percentage of Investment Portfolio | 4.00% |  | 3.80%
Energy: Oil & Gas |  |  |
Summary of Investment Holdings [Line Items] |  |  |
Investments at Fair Value | $ 65,343 |  | $ 68,756
Energy: Oil & Gas | Investments at fair value | Industry Concentration |  |  |
Summary of Investment Holdings [Line Items] |  |  |
Percentage of Investment Portfolio | 3.90% |  | 3.90%
Consumer Goods: Durable |  |  |
Summary of Investment Holdings [Line Items] |  |  |
Investments at Fair Value | $ 62,420 |  | $ 60,735
Consumer Goods: Durable | Investments at fair value | Industry Concentration |  |  |
Summary of Investment Holdings [Line Items] |  |  |
Percentage of Investment Portfolio | 3.80% |  | 3.50%
Retail |  |  |
Summary of Investment Holdings [Line Items] |  |  |
Investments at Fair Value | $ 57,034 |  | $ 74,718
Retail | Investments at fair value | Industry Concentration |  |  |
Summary of Investment Holdings [Line Items] |  |  |
Percentage of Investment Portfolio | 3.40% |  | 4.30%
High Tech Industries |  |  |
Summary of Investment Holdings [Line Items] |  |  |
Investments at Fair Value | $ 53,597 |  | $ 56,501
High Tech Industries | Investments at fair value | Industry Concentration |  |  |
Summary of Investment Holdings [Line Items] |  |  |
Percentage of Investment Portfolio | 3.20% |  | 3.20%
Construction & Building |  |  |
Summary of Investment Holdings [Line Items] |  |  |
Investments at Fair Value | $ 51,310 |  | $ 46,007
Construction & Building | Investments at fair value | Industry Concentration |  |  |
Summary of Investment Holdings [Line Items] |  |  |
Percentage of Investment Portfolio | 3.10% |  | 2.60%
Beverage, Food & Tobacco |  |  |
Summary of Investment Holdings [Line Items] |  |  |
Investments at Fair Value | $ 44,519 |  | $ 45,396
Beverage, Food & Tobacco | Investments at fair value | Industry Concentration |  |  |
Summary of Investment Holdings [Line Items] |  |  |
Percentage of Investment Portfolio | 2.70% |  | 2.60%
Consumer Goods: Non-Durable |  |  |
Summary of Investment Holdings [Line Items] |  |  |
Investments at Fair Value | $ 42,305 |  | $ 47,886
Consumer Goods: Non-Durable | Investments at fair value | Industry Concentration |  |  |
Summary of Investment Holdings [Line Items] |  |  |
Percentage of Investment Portfolio | 2.60% |  | 2.80%
Capital Equipment |  |  |
Summary of Investment Holdings [Line Items] |  |  |
Investments at Fair Value | $ 41,713 |  | $ 41,580
Capital Equipment | Investments at fair value | Industry Concentration |  |  |
Summary of Investment Holdings [Line Items] |  |  |
Percentage of Investment Portfolio | 2.50% |  | 2.40%
Aerospace & Defense |  |  |
Summary of Investment Holdings [Line Items] |  |  |
Investments at Fair Value | $ 39,195 |  | $ 38,842
Aerospace & Defense | Investments at fair value | Industry Concentration |  |  |
Summary of Investment Holdings [Line Items] |  |  |
Percentage of Investment Portfolio | 2.40% |  | 2.20%
Banking, Finance, Insurance & Real Estate |  |  |
Summary of Investment Holdings [Line Items] |  |  |
Investments at Fair Value | $ 39,048 |  | $ 43,836
Banking, Finance, Insurance & Real Estate | Investments at fair value | Industry Concentration |  |  |
Summary of Investment Holdings [Line Items] |  |  |
Percentage of Investment Portfolio | 2.40% |  | 2.50%
Hotel, Gaming & Leisure |  |  |
Summary of Investment Holdings [Line Items] |  |  |
Investments at Fair Value | $ 38,520 |  | $ 46,739
Hotel, Gaming & Leisure | Investments at fair value | Industry Concentration |  |  |
Summary of Investment Holdings [Line Items] |  |  |
Percentage of Investment Portfolio | 2.30% |  | 2.70%
Containers, Packaging & Glass |  |  |
Summary of Investment Holdings [Line Items] |  |  |
Investments at Fair Value | $ 19,477 |  | $ 19,551
Containers, Packaging & Glass | Investments at fair value | Industry Concentration |  |  |
Summary of Investment Holdings [Line Items] |  |  |
Percentage of Investment Portfolio | 1.20% |  | 1.10%
Telecommunications |  |  |
Summary of Investment Holdings [Line Items] |  |  |
Investments at Fair Value | $ 18,315 |  | $ 18,302
Telecommunications | Investments at fair value | Industry Concentration |  |  |
Summary of Investment Holdings [Line Items] |  |  |
Percentage of Investment Portfolio | 1.10% |  | 1.10%
Automotive |  |  |
Summary of Investment Holdings [Line Items] |  |  |
Investments at Fair Value | $ 16,395 |  | $ 16,255
Automotive | Investments at fair value | Industry Concentration |  |  |
Summary of Investment Holdings [Line Items] |  |  |
Percentage of Investment Portfolio | 1.00% |  | 0.90%
Metals & Mining |  |  |
Summary of Investment Holdings [Line Items] |  |  |
Investments at Fair Value | $ 15,836 |  | $ 15,780
Metals & Mining | Investments at fair value | Industry Concentration |  |  |
Summary of Investment Holdings [Line Items] |  |  |
Percentage of Investment Portfolio | 1.00% |  | 0.90%
Transportation: Cargo |  |  |
Summary of Investment Holdings [Line Items] |  |  |
Investments at Fair Value | $ 10,656 |  | $ 12,417
Transportation: Cargo | Investments at fair value | Industry Concentration |  |  |
Summary of Investment Holdings [Line Items] |  |  |
Percentage of Investment Portfolio | 0.60% |  | 0.70%
[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.

X
- Definition For an entity that discloses a concentration risk in relation to quantitative amount, which serves as the "benchmark" (or denominator) in the equation, this concept represents the concentration percentage derived from the division. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 42 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e9054-108599 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 275 -SubTopic 10 -Section 50 -Paragraph 18 -URI https://asc.fasb.org/extlink&oid=99393423&loc=d3e6351-108592 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 50 -Paragraph 20 -URI https://asc.fasb.org/extlink&oid=123594938&loc=d3e13531-108611 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (a) -URI https://asc.fasb.org/extlink&oid=123594938&loc=d3e13537-108611 Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 275 -SubTopic 10 -Section 50 -Paragraph 20 -URI https://asc.fasb.org/extlink&oid=99393423&loc=d3e6404-108592 + Details
Name: | us-gaap_ConcentrationRiskPercentage1
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition Value of the investment at close of period. For schedules of investments that are categorized, the value would be aggregated by category. For investment in and advances to affiliates, if operations of any controlled companies are different in character from those of the company, group such affiliates within divisions and by type of activities. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 946 -SubTopic 210 -Section 50 -Paragraph 6 -Subparagraph (b) -URI https://asc.fasb.org/extlink&oid=99383244&loc=d3e12121-115841 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 946 -SubTopic 320 -Section S99 -Paragraph 5D -Subparagraph (SX 210.12-13D(Column C)) -URI https://asc.fasb.org/extlink&oid=122147990&loc=SL120429264-123010 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 946 -SubTopic 320 -Section S99 -Paragraph 3 -Subparagraph (SX 210.12-12B(Column C)) -URI https://asc.fasb.org/extlink&oid=122147990&loc=d3e611197-123010 + Details
Name: | us-gaap_InvestmentOwnedAtFairValue
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

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_SummaryOfInvestmentHoldingsLineItems
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Details
Name: | us-gaap_InvestmentTypeAxis=cion_InvestmentsExcludingShortTermInvestmentsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_InvestmentTypeAxis=us-gaap_ShortTermInvestmentsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_ConcentrationRiskByBenchmarkAxis=cion_InvestmentsAtFairValueMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_ConcentrationRiskByTypeAxis=cion_IndustryConcentrationRiskMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_ConcentrationRiskByTypeAxis=us-gaap_GeographicConcentrationRiskMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_StatementGeographicalAxis=country_US
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_StatementGeographicalAxis=country_CA
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_StatementGeographicalAxis=country_KY
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_StatementGeographicalAxis=country_BM
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_EquitySecuritiesByIndustryAxis=cion_ServicesBusinessMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_EquitySecuritiesByIndustryAxis=cion_HealthcarePharmaceuticalsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_EquitySecuritiesByIndustryAxis=cion_MediaDiversifiedProductionMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_EquitySecuritiesByIndustryAxis=cion_ServicesConsumerMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_EquitySecuritiesByIndustryAxis=cion_MediaAdvertisingPrintingPublishingMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_EquitySecuritiesByIndustryAxis=cion_DiversifiedFinancialsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_EquitySecuritiesByIndustryAxis=cion_ChemicalsPlasticsRubberMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_EquitySecuritiesByIndustryAxis=cion_EnergyOilGasMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_EquitySecuritiesByIndustryAxis=cion_ConsumerGoodsDurableMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_EquitySecuritiesByIndustryAxis=cion_RetailsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_EquitySecuritiesByIndustryAxis=cion_HighTechIndustriesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_EquitySecuritiesByIndustryAxis=cion_ConstructionBuildingMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_EquitySecuritiesByIndustryAxis=cion_BeverageFoodTobaccoMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_EquitySecuritiesByIndustryAxis=cion_ConsumerGoodsNonDurableMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_EquitySecuritiesByIndustryAxis=cion_CapitalEquipmentMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_EquitySecuritiesByIndustryAxis=cion_AerospaceDefenseMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_EquitySecuritiesByIndustryAxis=cion_BankingFinanceInsuranceRealEstateMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_EquitySecuritiesByIndustryAxis=cion_HotelGamingLeisureMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_EquitySecuritiesByIndustryAxis=cion_ContainersPackagingGlassMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_EquitySecuritiesByIndustryAxis=cion_TelecommunicationsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_EquitySecuritiesByIndustryAxis=cion_AutomotiveMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_EquitySecuritiesByIndustryAxis=cion_MetalsMiningMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_EquitySecuritiesByIndustryAxis=cion_TransportationCargoMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |