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Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Investment income    
Payment-in-kind interest income $ 1,382 $ 1,204
Total investment income 26,129 28,037
Expenses    
Interest expense 8,161 7,120
Base management fee (Note 3) 3,162 3,201
Performance based incentive fee (Note 3) 295 2,978
Administrative fee (Note 3) 433 440
Professional fees 665 658
General and administrative 429 445
Total expenses 13,145 14,842
Net investment income before excise tax 12,984 13,195
Provision for excise tax 379 184
Net investment income 12,605 13,011
Net realized and unrealized loss    
Net realized gain (loss) on investments 8 (168)
Net unrealized appreciation (depreciation) on investments (3,960) (7,537)
Net realized and unrealized loss (3,952) (7,705)
Net increase in net assets resulting from operations $ 8,653 $ 5,306
Net investment income per common share (in dollars per share) $ 0.38 $ 0.46
Net increase in net assets resulting from operations per common share (in dollars per share) 0.26 0.19
Distributions declared per share (in dollars per share) $ 0.38 $ 0.33
Weighted average shares outstanding (in shares) 33,579,743 28,227,100
Investment, Unaffiliated Issuer [Member]    
Investment income    
Interest income $ 24,468 $ 26,195
Fee income 268 638
Payment-in-kind interest income 1,216 1,204
Net realized and unrealized loss    
Net realized gain (loss) on investments 11 (168)
Net unrealized appreciation (depreciation) on investments (14,214) (8,383)
Investment, Affiliated Issuer, Controlled [Member]    
Investment income    
Interest income 11 0
Payment-in-kind interest income 166 0
Net realized and unrealized loss    
Net realized gain (loss) on investments 0  
Net unrealized appreciation (depreciation) on investments (1,179) 0
Investment, Affiliated Issuer, Noncontrolled [Member]    
Investment income    
Interest income 0 0
Net realized and unrealized loss    
Net realized gain (loss) on investments (3) 0
Net unrealized appreciation (depreciation) on investments $ 11,433 $ 846