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v3.23.3

Consolidated Statements of Changes in Net Assets (Unaudited) - USD ($) $ in Thousands | 3 Months Ended | 9 Months Ended
--- | --- | ---
Sep. 30, 2023 | Sep. 30, 2022 | Sep. 30, 2023 | Sep. 30, 2022
Common Stock Outstanding [Member] |  |  |  |
Balance (in shares) | 32,096,259 | 24,857,104 | 27,753,373 | 21,217,460
Issuance of common stock, net of offering costs (in shares) | 1,186,303 | 1,523,519 | 5,490,326 | 5,141,920
Issuance of common stock under dividend reinvestment plan (in shares) | 24,396 | 13,150 | 63,259 | 34,393
Balance (in shares) | 33,306,958 | 26,393,773 | 33,306,958 | 26,393,773
Common Stock [Member] |  |  |  |
Balance | $ 34 | $ 26 | $ 29 | $ 22
Issuance of common stock, net of offering costs | 1 | 1 | 6 | 5
Net investment income, net of excise tax | 0 | 0 | 0 | 0
Net realized gain (loss) on investments | 0 | 0 | 0 | 0
Net unrealized appreciation (depreciation) on investments | 0 | 0 | 0 | 0
Issuance of common stock under dividend reinvestment plan | 0 | 0 | 0 | 0
Distributions declared | 0 | 0 | 0 | 0
Net realized gain (loss) on investments | 0 | 0 | 0 | 0
Balance | 35 | 27 | 35 | 27
Additional Paid-in Capital [Member] |  |  |  |
Balance | 437,561 | 350,173 | 385,921 | 301,359
Issuance of common stock, net of offering costs | 13,854 | 18,995 | 65,025 | 67,519
Net investment income, net of excise tax | 0 | 0 | 0 | 0
Net realized gain (loss) on investments | 0 | 0 | 0 | 0
Net unrealized appreciation (depreciation) on investments | 0 | 0 | 0 | 0
Issuance of common stock under dividend reinvestment plan | 307 | 166 | 776 | 456
Distributions declared | 0 | 0 | 0 | 0
Net realized gain (loss) on investments | 0 | 0 | 0 | 0
Balance | 451,722 | 369,334 | 451,722 | 369,334
Retained Earnings [Member] |  |  |  |
Balance | (82,176) | (59,594) | (67,502) | (56,046)
Issuance of common stock, net of offering costs | 0 | 0 | 0 | 0
Net investment income, net of excise tax | 17,354 | 11,136 | 46,437 | 25,447
Net realized gain (loss) on investments | (11,816) | (8,585) | (28,513) | (9,484)
Net unrealized appreciation (depreciation) on investments | (17,518) | 3,442 | (24,448) | 1,169
Issuance of common stock under dividend reinvestment plan | 0 | 0 | 0 | 0
Distributions declared | (11,026) | (8,073) | (31,156) | (22,760)
Net realized gain (loss) on investments | (11,816) | (8,585) | (28,513) | (9,484)
Balance | (105,182) | (61,674) | (105,182) | (61,674)
Balance | 355,419 | 290,605 | 318,448 | 245,335
Issuance of common stock, net of offering costs | 13,855 | 18,996 | 65,031 | 67,524
Net investment income, net of excise tax | 17,354 | 11,136 | 46,437 | 25,447
Net realized gain (loss) on investments | (11,816) | (8,585) | (28,513) | (9,484)
Net unrealized appreciation (depreciation) on investments | (17,518) | 3,442 | (24,448) | 1,169
Issuance of common stock under dividend reinvestment plan | 307 | 166 | 776 | 456
Distributions declared | (11,026) | (8,073) | (31,156) | (22,760)
Net realized gain (loss) on investments | (11,816) | (8,585) | (28,513) | (9,484)
Balance | $ 346,575 | $ 307,687 | $ 346,575 | $ 307,687

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