XML 54 R43.htm IDEA: XBRL DOCUMENT v3.24.1.u1
Note 7 - Borrowings (Details Textual) - USD ($)
$ / shares in Units, $ in Thousands
3 Months Ended 12 Months Ended
May 24, 2023
Feb. 25, 2022
Apr. 21, 2020
Mar. 31, 2024
Mar. 31, 2023
Dec. 31, 2023
Jun. 29, 2023
Nov. 09, 2022
Jun. 15, 2022
Mar. 30, 2021
Aug. 13, 2019
Restricted Investments       $ 2,533   $ 2,642          
Long-Term Debt, Gross       456,000   466,000          
Debt Instrument, Face Amount       $ 615,000   615,000          
Key Facility [Member]                      
Line of Credit Facility, Maximum Borrowing Capacity, Accordian Feature             $ 150,000        
Line of Credit Facility, Maximum Borrowing Capacity             $ 300,000        
Line of Credit Facility, Advance Rate of Eligible Debt Investments             60.00%        
Long-Term Debt, Weighted Average Interest Rate, over Time       8.75% 7.94%            
Line of Credit Facility, Unused Capacity, Commitment Fee Percentage       0.50%              
Line of Credit Facility, Current Borrowing Capacity       $ 90,000   80,000          
Line of Credit Facility, Remaining Borrowing Capacity       20,300   25,000          
Long-Term Debt, Gross       60,000   70,000          
Debt Instrument, Face Amount       $ 150,000   $ 150,000          
Key Facility [Member] | Prime Rate [Member]                      
Debt Instrument, Basis Spread on Variable Rate           0.25%          
Debt Instrument, Variable Rate       8.50%   8.50%          
NYL Facility [Member]                      
Line of Credit Facility, Maximum Borrowing Capacity $ 250,000   $ 100,000                
Line of Credit Facility, Current Borrowing Capacity       $ 69,000   $ 69,000          
Line of Credit Facility, Remaining Borrowing Capacity       900   17,400          
Line of Credit Facility, Maximum Borrowing Capacity, Accordion Feature     $ 200,000                
Line of Credit Facility, Advance Rate     67.00%                
Line of Credit Facility, Change in Maximum Borrowing Capacity $ 50,000 $ 100,000                  
Debt Instrument, Interest Rate, Stated Percentage 4.60%                    
Long-Term Line of Credit       $ 181,000   181,000          
Line of Credit Facility, Interest Rate at Period End       6.18% 5.57%            
Restricted Investments       $ 1,400   1,400          
Long-Term Debt, Gross       181,000   181,000          
Debt Instrument, Face Amount       250,000   250,000          
NYL Facility [Member] | USD Mid-market Swap Rate [Member]                      
Debt Instrument, Basis Spread on Variable Rate   3.00%                  
NYL Facility [Member] | Three Year I Curve [Member]                      
Debt Instrument, Basis Spread on Variable Rate 3.50%                    
Asset-backed Notes 2019 [Member]                      
Debt Instrument, Interest Rate, Stated Percentage                     4.21%
Debt Instrument, Face Amount                     $ 160,000
Asset-backed Notes 2022 [Member]                      
Debt Instrument, Interest Rate, Stated Percentage               7.56%      
Restricted Investments       1,300   1,200          
Long-Term Debt, Gross       100,000   100,000          
Debt Instrument, Face Amount       100,000   100,000   $ 157,800      
The 2026 Notes [Member]                      
Debt Instrument, Interest Rate, Stated Percentage                   4.875%  
Long-Term Debt, Gross       57,500   57,500          
Debt Instrument, Face Amount       57,500   57,500       $ 57,500  
The 2026 Notes Underwriter Option [Member]                      
Debt Instrument, Face Amount                   $ 7,500  
Debt Instrument, Convertible, Conversion Price (in dollars per share)                   $ 25  
The 2027 Notes [Member]                      
Debt Instrument, Interest Rate, Stated Percentage                 6.25%    
Long-Term Debt, Gross       57,500   57,500          
Debt Instrument, Face Amount       $ 57,500   $ 57,500     $ 50,000    
The 2027 Notes Underwriter Option [Member]                      
Debt Instrument, Face Amount                 $ 7,500    
Debt Instrument, Convertible, Conversion Price (in dollars per share)                 $ 25    
Minimum [Member]                      
Asset Coverage to Borrowings, Ratio, Percent       150.00%              
Minimum [Member] | Key Facility [Member] | Prime Rate [Member]                      
Debt Instrument, Basis Spread on Variable Rate           4.25%          
Minimum [Member] | NYL Facility [Member] | USD Mid-market Swap Rate [Member]                      
Debt Instrument, Basis Spread on Variable Rate     3.55%                
Maximum [Member]                      
Asset Coverage to Borrowings, Ratio, Percent       173.00%              
Maximum [Member] | NYL Facility [Member] | USD Mid-market Swap Rate [Member]                      
Debt Instrument, Basis Spread on Variable Rate     5.15%