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RELATED-PARTY TRANSACTIONS (Tables) | 3 Months Ended
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Mar. 31, 2025
Related Party Transactions [Abstract] |
Schedule of Related Party Transactions | The following table summarizes the total Selling Commissions and Dealer-Manager Fees paid to Gladstone Securities during the three months ended March 31, 2025 and 2024 (dollars in thousands):
| For the Three Months Ended March 31, |  |
| 2025 |  | 2024 |  |  |  |
Series E Preferred Stock | $ | — |  |  | $ | 28 |  |  |  |  |
Total Selling Commissions and Dealer-Manager Fees | $ | — |  |  | $ | 28 |  |  |  |  |
The following table summarizes related-party fees paid or accrued for and reflected in our accompanying condensed consolidated financial statements (dollars in thousands):
| For the Three Months Ended March 31, |  |
| 2025 |  | 2024 |  |  |  |
Base management fee(1)(2) | $ | 2,058 |  |  | $ | 2,156 |  |  |  |  |
Capital gains fee(1)(2) | 188 |  |  | — |  |  |  |  |
Total fees to our Adviser | $ | 2,246 |  |  | $ | 2,156 |  |  |  |  |
Administration fee(1)(2) | $ | 642 |  |  | $ | 603 |  |  |  |  |
Selling Commissions and Dealer-Manager Fees(1)(3) | $ | — |  |  | $ | 28 |  |  |  |  |
Total fees to Gladstone Securities | $ | — |  |  | $ | 28 |  |  |  |  |
(1)Pursuant to the agreements with the respective related-party entities, as discussed above. (2)Reflected as a line item on our accompanying Condensed Consolidated Statements of Operations and Comprehensive Income. (3)Included within Additional paid-in capital on the accompanying Condensed Consolidated Balance Sheets. Amounts due to related parties on our accompanying Condensed Consolidated Balance Sheets as of March 31, 2025, and December 31, 2024, were as follows (dollars in thousands):
| March 31, 2025 |  | December 31, 2024 |
Base management fee | $ | 2,058 |  |  | $ | 2,067 |  |
Capital gains fee | 188 |  |  | — |  |
Other, net(1) | 42 |  |  | 75 |  |
Total due to Adviser | 2,288 |  |  | 2,142 |  |
Administration fee | 642 |  |  | 613 |  |
Cumulative accrued but unpaid portion of prior Administration Fees(2) | 419 |  |  | 217 |  |
Total due to Administrator | 1,061 |  |  | 830 |  |
Total due to related parties(3) | $ | 3,349 |  |  | $ | 2,972 |  |
(1)Other amounts due to or from our Adviser primarily relate to miscellaneous general and administrative expenses either paid by our Adviser on our behalf or by us on our Adviser’s behalf. (2)Represents the cumulative accrued but unpaid portion of prior Administration fees that are scheduled to be paid during the three months ending September 30 of each year, which is the quarter following our Administrator’s fiscal year end. (3)Reflected as a line item on our accompanying Condensed Consolidated Balance Sheets.

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- Definition Tabular disclosure of related party transactions. Examples of related party transactions include, but are not limited to, transactions between (a) a parent company and its subsidiary; (b) subsidiaries of a common parent; (c) and entity and its principal owners and (d) affiliates. + References No definition available. + Details
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