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Distributions (Tables)
3 Months Ended
Mar. 31, 2024
Equity [Abstract]  
Schedule of Dividends Declared
The following table presents distributions per share that were declared during the year ended December 31, 2023 and the three months ended March 31, 2024:
Distributions
Three Months EndedPer ShareAmount
2023
March 31, 2023 (one record date)$0.34 $18,687 
June 30, 2023 (one record date)0.34 18,614 
September 30, 2023 (two record dates)0.39 21,276 
December 31, 2023 (three record dates)0.54 29,290 
Total distributions for the year ended December 31, 2023$1.61 $87,867 
2024
March 31, 2024 (one record date)$0.34 $18,279 
Total distributions for the three months ended March 31, 2024$0.34 $18,279 
Schedule of Repurchases of Shares
The following table provides information concerning the Company’s purchases of shares of its common stock in the open market during the year ended December 31, 2023 and the three months ended March 31, 2024 pursuant to the New DRP in order to satisfy the reinvestment portion of the Company’s distributions:
PeriodTotal Number of Shares PurchasedAverage Price Paid per ShareTotal Number of Shares Purchased as Part of Publicly Announced Plans or ProgramsApproximate Dollar Value of Shares That May Yet Be Purchased Under Publicly Announced Plans of Programs
2023
January 1 to January 31, 2023146,946 $11.19 146,946 (1)
February 1 to February 28, 2023— — — — 
March 1 to March 31, 2023204,427 9.78 204,427 (1)
April 1 to April 30, 2023— — — — 
May 1 to May 31, 2023— — — — 
June 1 to June 30, 2023174,424 10.71 174,424 (1)
July 1 to July 31, 2023— — — — 
August 1 to August 31, 2023— — — — 
September 1 to September 30, 2023160,383 11.10 160,383 (1)
October 1 to October 31, 202325,764 10.30 25,764 (1)
November 1 to November 30, 2023— — — — 
December 1 to December 31, 2023139,731 11.66 139,731 (1)
    Total for the year ended December 31, 2023851,675 $10.79 851,675 (1)
2024
January 1 to January 31, 202492,108 $11.05 92,108 (1)
February 1 to February 29, 2024— — — — 
March 1 to March 31, 2024170,571 11.09 170,571 (1)
    Total for the three months ended March 31, 2024262,679 $11.07 262,679 (1)
(1) See the description of the New DRP above.
Schedule of Common Stock on Distributions
The following table reflects the sources of distributions on a GAAP basis that the Company has declared on its shares of common stock during the three months ended March 31, 2024 and 2023 and the year ended December 31, 2023:
Three Months Ended
March 31,
Year Ended
December 31,
202420232023
Source of DistributionPer ShareAmountPercentagePer ShareAmountPercentagePer ShareAmountPercentage
Net investment income$0.34 $18,279 100.0 %$0.34 $18,687 100.0 %$1.61 $87,867 100.0 %
Total distributions$0.34 $18,279 100.0 %$0.34 $18,687 100.0 %$1.61 $87,867 100.0 %
Schedule of Investment Income, Accumulated Earnings (Loss)
The tax components of accumulated earnings or losses for the current year will be determined at year end. As of December 31, 2023, the components of accumulated losses on a tax basis were as follows:
December 31, 2023
Undistributed ordinary income$6,562 
Other accumulated losses(1)(84,271)
Net unrealized depreciation on investments(74,433)
Total accumulated losses$(152,142)
(1)Includes short term capital loss carryforwards of $0 and long term capital loss carryforwards of $82,541.