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Consolidated Statements of Cash Flow - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Cash flows from operating activities:      
Net (decrease) increase in net assets resulting from operations $ (5,633) $ (17,185) $ 21,151
Adjustments to reconcile net (decrease) increase in net assets resulting from operations to net cash provided by (used in) operating activities:      
Amortization of debt issuance costs 1,783 1,852 1,604
Net realized (gain) loss on investments 34,631 29,702 9,484
Net realized loss on extinguishment of debt 0 151 0
Net unrealized depreciation on investments 18,785 48,780 5,552
Purchase of investments (182,364) (218,689) (421,978)
Principal payments received on investments 146,360 152,293 95,871
Payment-in-kind interest on investments (3,261) (8,433) 0
Proceeds from sale of investments 302 11,066 49,964
Equity received in settlement of fee income 0 (89) 0
Warrants received in settlement of fee income (359) (80) 0
Changes in assets and liabilities:      
(Increase) decrease in interest receivable (922) 1,773 (3,417)
Increase in end-of-term payments (1,711) (2,035) (4,452)
Decrease in unearned income (2,886) (3,700) (394)
Increase in other assets (246) (650) (156)
(Decrease) increase in other accrued expenses (535) 1,393 758
(Decrease) increase in base management fee payable (7) (13) 359
Decrease in incentive fee payable 0 (1,392) (623)
Net cash provided by (used in) operating activities 3,937 (5,256) (246,277)
Cash flows from financing activities:      
Proceeds from issuance of 2031 Convertible Notes 20,000 0 0
Proceeds from issuance of common stock, net of offering costs 66,353 65,093 84,603
Advances on Credit Facilities 75,000 104,250 199,000
Repayment of Credit Facilities (70,000) (35,000) (149,500)
Debt issuance costs (4,852) (735) (4,364)
Distributions paid (46,370) (40,523) (29,847)
Net cash provided by financing activities 21,209 50,512 229,462
Net increase (decrease) in cash, cash equivalents and restricted cash 25,146 45,256 (16,815)
Cash, cash equivalents and restricted cash:      
Beginning of period 75,722 30,466 47,281
End of period 100,868 75,722 30,466
Supplemental disclosure of cash flow information:      
Cash paid for interest 30,436 26,880 17,028
Supplemental non-cash investing and financing activities:      
Refinanced debt investment balances 27,660 32,500 30,625
Warrant investments received and recorded as unearned income 1,768 2,683 5,616
Distributions payable 13,159 11,011 9,159
End-of-term payments receivable 13,528 11,816 9,690
Non-cash income 12,113 17,123 6,314
Cash 70,264 46,630 20,612
Investments in money market funds 27,266 26,450 7,066
Restricted investments in money market funds 3,338 2,642 2,788
Total cash, cash equivalents and restricted cash 100,868 75,722 30,466
The 2027 Notes [Member]      
Cash flows from financing activities:      
Proceeds from issuance of Notes 0 0 57,500
Asset-backed Notes 2022 [Member]      
Cash flows from financing activities:      
Proceeds from issuance of Notes 0 0 100,000
Repayment of note (18,922) 0 0
Asset-backed Notes 2019 [Member]      
Cash flows from financing activities:      
Repayment of note $ 0 $ (42,573) $ (27,930)