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Consolidated Statements of Assets and Liabilities (Current Period Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2025
Dec. 31, 2024
Assets    
Investments at fair value $ 603,514 $ 697,891
Cash 84,662 70,264
Investments in money market funds 43,828 27,266
Restricted investments in money market funds 2,417 3,338
Interest receivable 15,867 16,559
Other assets 8,924 6,515
Total assets 759,212 821,833
Liabilities    
Borrowings (Note 7) 424,031 467,904
Distributions payable 14,624 13,159
Base management fee payable (Note 3) 921 1,045
Other accrued expenses 3,935 3,542
Total liabilities 443,511 485,650
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 September 30, 2025 and December 31, 2024 0 0
Common stock, par value $0.001 per share, 100,000,000 shares authorized, 44,482,470 and 40,043,312 shares issued and 44,315,005 and 39,875,847 shares outstanding as of September 30, 2025 and December 31, 2024, respectively 49 44
Paid-in capital in excess of par 551,358 518,200
Distributable loss (235,706) (182,061)
Total net assets 315,701 336,183
Total liabilities and net assets $ 759,212 $ 821,833
Net asset value per common share (in dollars per share) $ 7.12 $ 8.43
Investment, Unaffiliated Issuer [Member]    
Assets    
Investments at fair value $ 557,582 $ 657,765
Investment, Affiliated Issuer, Noncontrolled [Member]    
Assets    
Investments at fair value 44,816 8,307
Investment, Affiliated Issuer, Controlled [Member]    
Assets    
Investments at fair value $ 1,116 $ 31,819