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v3.24.3

Consolidated Statements of Changes in Net Assets (Unaudited) - USD ($) $ in Thousands | 3 Months Ended | 9 Months Ended
--- | --- | ---
Sep. 30, 2024 | Sep. 30, 2023 | Sep. 30, 2024 | Sep. 30, 2023
Common Stock Outstanding [Member] |  |  |  |
Balance (in shares) | 36,043,815 | 32,096,259 | 33,367,389 | 27,753,373
Issuance of common stock, net of offering costs (in shares) | 1,709,096 | 1,186,303 | 4,279,141 | 5,490,326
Issuance of common stock under dividend reinvestment plan (in shares) | 50,153 | 24,396 | 156,534 | 63,259
Balance (in shares) | 37,803,064 | 33,306,958 | 37,803,064 | 33,306,958
Common Stock [Member] |  |  |  |
Balance | $ 40 | $ 34 | $ 36 | $ 29
Issuance of common stock, net of offering costs | 2 | 1 | 6 | 6
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
Balance | 42 | 35 | 42 | 35
Additional Paid-in Capital [Member] |  |  |  |
Balance | 481,349 | 437,561 | 450,949 | 385,921
Issuance of common stock, net of offering costs | 18,413 | 13,854 | 47,521 | 65,025
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 | 583 | 307 | 1,875 | 776
Distributions declared | 0 | 0 | 0 | 0
Balance | 500,345 | 451,722 | 500,345 | 451,722
Retained Earnings [Member] |  |  |  |
Balance | (152,611) | (82,176) | (127,004) | (67,502)
Issuance of common stock, net of offering costs | 0 | 0 | 0 | 0
Net investment income, net of excise tax | 11,837 | 17,354 | 37,357 | 46,437
Net realized gain (loss) on investments | (33,894) | (11,816) | (31,422) | (28,513)
Net unrealized appreciation (depreciation) on investments | 29,335 | (17,518) | 864 | (24,448)
Issuance of common stock under dividend reinvestment plan | 0 | 0 | 0 | 0
Distributions declared | (12,521) | (11,026) | (37,649) | (31,156)
Balance | (157,854) | (105,182) | (157,854) | (105,182)
Balance | 328,778 | 355,419 | 323,981 | 318,448
Issuance of common stock, net of offering costs | 18,415 | 13,855 | 47,527 | 65,031
Net investment income, net of excise tax | 11,837 | 17,354 | 37,357 | 46,437
Net realized gain (loss) on investments | (33,894) | (11,816) | (31,422) | (28,513)
Net unrealized appreciation (depreciation) on investments | 29,335 | (17,518) | 864 | (24,448)
Issuance of common stock under dividend reinvestment plan | 583 | 307 | 1,875 | 776
Distributions declared | (12,521) | (11,026) | (37,649) | (31,156)
Balance | $ 342,533 | $ 346,575 | $ 342,533 | $ 346,575

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