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Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Investment income        
Total investment income $ 28,117 $ 18,588 $ 56,154 $ 32,792
Expenses        
Interest expense 7,179 4,225 14,299 7,649
Base management fee (Note 3) 3,207 2,523 6,408 4,767
Performance based incentive fee (Note 3) 118 2,145 3,094 3,570
Administrative fee (Note 3) 368 374 808 735
Professional fees 447 271 1,106 848
General and administrative 546 362 992 706
Total expenses 11,865 9,900 26,707 18,275
Net investment income before excise tax 16,252 8,688 29,447 14,517
Provision for excise tax 179 106 363 206
Net investment income 16,073 8,582 29,084 14,311
Net realized and unrealized loss        
Net realized gain (loss) on investments (16,529) (929) (16,697) (899)
Net unrealized appreciation (depreciation) on investments 608 (36) (6,929) (2,273)
Net realized and unrealized loss (15,921) (965) (23,626) (3,172)
Net increase in net assets resulting from operations $ 152 $ 7,617 $ 5,458 $ 11,139
Net investment income per common share (in dollars per share) $ 0.54 $ 0.35 $ 1.00 $ 0.62
Net increase in net assets resulting from operations per common share (in dollars per share) 0.01 0.31 0.19 0.48
Distributions declared per share (in dollars per share) $ 0.33 $ 0.30 $ 0.66 $ 0.60
Weighted average shares outstanding (in shares) 29,747,290 24,301,762 28,987,948 23,109,584
Investment, Unaffiliated Issuer [Member]        
Investment income        
Interest income on non-affiliate investments $ 26,624 $ 17,720 $ 54,023 $ 31,573
Fee income on non-affiliate investments 1,493 868 2,131 1,219
Net realized and unrealized loss        
Net realized gain (loss) on investments (16,529) 271 (16,697) 301
Net unrealized appreciation (depreciation) on investments 548 (1,436) (7,835) (3,723)
Investment, Affiliated Issuer, Controlled [Member]        
Net realized and unrealized loss        
Net realized gain (loss) on investments 0 (1,200) 0 (1,200)
Net unrealized appreciation (depreciation) on investments 0 1,400 0 1,450
Investment, Affiliated Issuer, Noncontrolled [Member]        
Net realized and unrealized loss        
Net realized gain (loss) on investments 0   0  
Net unrealized appreciation (depreciation) on investments $ 60 $ 0 $ 906 $ 0