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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
INCOME FROM INVESTMENTS:    
Interest and related income $ 15,856 $ 9,579
Purchase discount accretion 1,185 5,935
Less: interest and related expenses (7,694) (1,737)
Income from investments, net 9,347 13,777
OTHER EXPENSES:    
Base management fees 1,072 1,063
General and administrative expenses 796 872
Reimbursement of shared services expenses 643 634
Reversal of credit losses (987) 0
Other transaction related costs 0 37
Total other expenses 1,524 2,606
Income before income taxes 7,823 11,171
Income tax expense (20) (45)
Net income $ 7,803 $ 11,126
Weighted average common shares outstanding - basic (in shares) 14,582 14,505
Weighted average common shares outstanding - diluted (in shares) 14,582 14,519
Net income per common share - basic (in dollars per share) $ 0.53 $ 0.76
Net income per common share - diluted (in dollars per share) $ 0.53 $ 0.76