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FINANCIAL HIGHLIGHTS (Details) - USD ($) $ / shares in Units, $ in Thousands | 2 Months Ended | 9 Months Ended | 12 Months Ended
--- | --- | --- | ---
Mar. 31, 2022 | Dec. 31, 2022 | Dec. 31, 2024 | Dec. 31, 2023
Per share data [Roll Forward] |  |  |  |  |
Net asset value at beginning of period (in dollars per share) |  | $ 14 | $ 13.61 | $ 13.77 | $ 13.91
Net investment income (loss) (in dollars per share) | [1] | (0.07) | 0.35 | 0.91 | 1.07
Net realized and unrealized gains/(losses) on investments (in dollars per share) | [1] | 0 | (0.05) | 0.02 | 0.11
Net increase/(decrease) in net assets resulting from operations (in dollars per share) | [1] | (0.07) | 0.3 | 0.93 | 1.18
Offering costs (in dollars per share) | [2] | (0.27) | 0 | (0.07) | 0
Permanent tax adjustments (in dollars per share) |  | (0.05) | 0 | 0 | 0
Effect of shares issued (in dollars per share) |  | 0 | 0 | (0.34) | 0
Distributions from net investment income (loss) (in dollars per share) | [3] | 0 | 0 | (1.09) | (1.32)
Net asset value at end of period (in dollars per share) |  | $ 13.61 | $ 13.91 | $ 13.2 | $ 13.77
Net assets at end of period |  | $ 84,552,090 | $ 86,475,729 | $ 301,162,578 | $ 85,552,618
Shares outstanding at end of period (in shares) |  | 6,214,672 | 6,214,672 | 22,820,386 | 6,214,941
Weighted average net assets |  | $ 83,301,328 | $ 84,885,270 | $ 138,475,878 | $ 88,187,537
Per share market value at end of period (in dollars per share) |  | $ 13.3 | $ 9.8 | $ 12.19 | $ 8.44
Total return based on market value | [4] | (5.00%) | (26.32%) | 59.20% | (13.88%)
Total return based on net asset value | [4] | (2.79%) | 2.20% | 5.66% | 13.65%
Ratio/Supplemental data [Abstract] |  |  |  |  |
Ratio of expenses to average net assets | [5] | 0.22% | 2.17% | 8.82% | 6.01%
Ratio of net investment income (loss) to average net assets(5) | [5] | (0.20%) | 2.59% | 6.83% | 7.52%
Portfolio turnover | [5] |  |  | 21.70% | 10.94%
[1] | The per share data was derived by using the weighted average shares outstanding during the periods presented.
[2] | The Adviser has absorbed the cost of the sales load (i.e, underwriting discounts and commissions) incurred by the Company in connection with the initial public offering of its common stock.
[3] | The amount shown may not correspond for the period as it includes the effect of the timing of the distribution and the issuance of common stock.
[4] | Total return based on market value is based on the change in market price per share between the beginning and ending market prices per share in each period and assumes that common stock dividends are reinvested in accordance with our common stock dividend reinvestment plan. Total return based on net asset value is based upon the change in net asset value per share between the beginning and ending net asset values per share in each period and assumes that dividends are reinvested in accordance with our common stock dividend reinvestment plan. For periods less than a year, total return is not annualized.
[5] | Ratio is not annualized.

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