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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Cash flows from operating activities:        
Net increase in net assets resulting from operations $ 152 $ 7,617 $ 5,458 $ 11,139
Adjustments to reconcile net increase in net assets resulting from operations to net cash provided by (used in) operating activities:        
Amortization of debt issuance costs 500 400 950 705
Net realized loss on investments     16,697 899
Net unrealized depreciation on investments (608) 36 6,929 2,273
Purchase of investments     (87,553) (253,720)
Principal payments received on investments     64,496 87,473
Payment-in-kind interest on investments (1,000) 0 (2,154) 0
Proceeds from sale of investments     8,506 43,426
Equity received in settlement of fee income     (89) 0
Changes in assets and liabilities:        
Decrease (increase) in interest receivable     65 (1,019)
Increase in end-of-term payments     (1,291) (1,911)
(Decrease) increase in unearned income     (2,291) 232
Decrease in other assets     (717) (620)
(Decrease) increase in other accrued expenses     (484) 91
(Decrease) increase in base management fee payable     (2) 165
(Decrease) increase in incentive fee payable     (1,274) 130
Net cash provided by (used in) operating activities     7,246 (110,737)
Cash flows from financing activities:        
Proceeds from issuance of 2027 Notes     0 50,000
Proceeds from issuance of common stock, net of offering costs     51,175 48,529
Advances on Credit Facilities     30,000 119,000
Repayment of Credit Facilities     (35,000) (40,000)
Debt issuance costs     (729) (2,170)
Distributions paid     (18,229) (13,306)
Net cash provided by financing activities     15,452 141,351
Net increase in cash, cash equivalents and restricted cash     22,698 30,614
Cash, cash equivalents and restricted cash:        
Beginning of period     30,466 47,281
End of period 53,164 77,895 53,164 77,895
Supplemental disclosure of cash flow information:        
Cash paid for interest     13,409 6,535
Supplemental non-cash investing and financing activities:        
Warrant investments received and recorded as unearned income     656 1,845
Distributions payable 10,592 7,457 10,592 7,457
End-of-term payments receivable     11,074 7,149
Non-cash income     7,182 2,378
Cash 24,395 54,353 24,395 54,353
Investments in money market funds 25,865 21,959 25,865 21,959
Restricted investments in money market funds 2,904 1,583 2,904 1,583
Total cash, cash equivalents and restricted cash $ 53,164 $ 77,895 53,164 77,895
Asset-backed Notes 2019 [Member]        
Cash flows from financing activities:        
Repayment of notes     $ (11,765) $ (20,702)