XML 50 R39.htm IDEA: XBRL DOCUMENT v3.25.3
Note 3 - Related Party Transactions (Details Textual) - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Dec. 31, 2024
Management Fee Payable $ 921   $ 921   $ 1,045
Management Fee Expense 2,748 $ 2,989 8,887 $ 9,178  
Administrative Fees Expense $ 377 400 $ 1,203 1,259  
Equity Purchase Agreement [Member] | Monroe Capital Intermediate Holdings, LLC [Member] | Momentum US Bidco LLC [Member]          
Ownership Percentage 75.00%   75.00%    
Investment Management Agreement [Member]          
Base Management Fee, Annual, Percent     2.00%    
Base Management Fee, Annual, Percent, Gross Assets Exceeding $250 Million     1.60%    
Management Fee Payable $ 900   $ 900   1,000
Management Fee Expense 2,700 3,000 $ 8,900 9,200  
Incentive Fee to Pre-incentive Net Investment Income     20.00%    
Pre-Incentive Fee Net Investment Income, Hurdle Rate     1.75%    
Pre-Incentive Fee Net Investment Income, Hurdle Rate, Annualized     7.00%    
Pre-Incentive Fee Net Investment Income, Catch-up, Percent     100.00%    
Pre-Incentive Fee Net Investment Income, Maximum Rate to Trigger Catch-up     2.1875%    
Pre-Incentive Fee Net Investment Income, Maximum Rate to Trigger Catch-up, Annualized     8.75%    
Incentive Fee Expense 0 0 $ 0 300  
Incentive Fee Cap and Deferral Mechanism Reduction to Expense 2,800 2,400 7,200 7,200  
Investment Company, Incentive Fee Waived 0   0    
Incentive Fee Payable 0   0   0
Administration Agreement [Member]          
Administrative Fees Expense 400 $ 400 1,200 $ 1,300  
Administrative Fees Payable 400   400   $ 400
Merger Agreement Fee Waiver [Member]          
Investment Company, Contractual and Voluntary Fees Waived     4,000    
Base Management and Incentive Fees, Amount Waived per Quarter $ 1,000   $ 1,000