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Consolidated Statements of Assets and Liabilities - USD ($)
$ in Thousands
Dec. 31, 2024
Dec. 31, 2023
Assets    
Investments at fair value $ 697,891 $ 709,085
Cash 70,264 46,630
Investments in money market funds 27,266 26,450
Restricted investments in money market funds 3,338 2,642
Interest receivable 16,559 13,926
Other assets 6,515 3,623
Total assets 821,833 802,356
Liabilities    
Borrowings (Note 7) 467,904 462,235
Distributions payable 13,159 11,011
Base management fee payable (Note 3) 1,045 1,052
Other accrued expenses 3,542 4,077
Total liabilities 485,650 478,375
Commitments and contingencies (Notes 3 and 8)
Net assets    
Preferred stock, par value $0.001 per share, 1,000,000 shares authorized, zero shares issued and outstanding as of December 31, 2024 and 2023 0 0
Common stock, par value $0.001 per share, 100,000,000 shares authorized, 40,043,312 and 33,534,854 shares issued and 39,875,847 and 33,367,389 shares outstanding as of December 31, 2024 and 2023, respectively 44 36
Paid-in capital in excess of par 518,200 450,949
Distributable loss (182,061) (127,004)
Total net assets 336,183 323,981
Total liabilities and net assets $ 821,833 $ 802,356
Net asset value per common share (in dollars per share) $ 8.43 $ 9.71
Investment, Unaffiliated Issuer [Member]    
Assets    
Investments at fair value $ 657,765 $ 693,730
Investment, Affiliated Issuer, Noncontrolled [Member]    
Assets    
Investments at fair value 8,307 1,132
Investment, Affiliated Issuer, Controlled [Member]    
Assets    
Investments at fair value $ 31,819 $ 14,223