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Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2022
Dec. 31, 2021
Assets [Abstract]    
Total Investments at Fair Value $ 571,656 $ 549,985
Cash and cash equivalents 16,871 28,919
Restricted cash 22,183 39,421
Interest receivable 3,166 5,514
Receivable for unsettled trades 12,250 20,193
Due from affiliates 591 507
Other assets 2,808 3,762
Total Assets 629,525 648,301
Liabilities [Abstract]    
2018-2 Secured Notes (net of discount of: 2022 - $1,270; 2021 - $1,403) 162,593 162,460
4.875% Notes Due 2026 (net of discount of: 2022 - $1,819; 2021 - $2,157; net of deferred financing costs of: 2022 - $881; 2021 - $951) 105,301 104,892
Great Lakes Portman Ridge Funding LLC Revolving Credit Facility (net of deferred financing costs of: 2022 - $1,163; 2021 - $732) 95,908 79,839
Derivative liabilities   2,412
Payable for unsettled trades   5,397
Accounts payable, accrued expenses and other liabilities 4,689 4,819
Accrued interest payable 4,330 2,020
Due to affiliates 1,261 1,799
Management and incentive fees payable 3,861 4,541
Total Liabilities 377,943 368,179
COMMITMENTS AND CONTINGENCIES (NOTE 8)
NET ASSETS    
Common stock, par value $0.01 per share, 20,000,000 common shares authorized; 9,906,833 issued, and 9,608,913 outstanding at September 30, 2022, and 9,867,998 issued, and 9,699,695 outstanding at December 31, 2021 97 97
Capital in excess of par value 731,358 733,095
Total distributable (loss) earnings (479,873) (453,070)
Total Net Assets [1] 251,582 [2] 280,122
Total Liabilities and Net Assets $ 629,525 $ 648,301
NET ASSET VALUE PER COMMON SHARE [2],[3] $ 26.18 [1] $ 28.88
Non-controlled/Non-affiliated Investments    
Assets [Abstract]    
Total Investments at Fair Value $ 489,242 $ 452,482
Non-controlled Affiliated Investments    
Assets [Abstract]    
Total Investments at Fair Value 60,522 74,142
Controlled Affiliated Investments    
Assets [Abstract]    
Total Investments at Fair Value $ 21,892 $ 23,361
[1] Refer to Note 9 "Stockholders' Equity" for additional information on changes in components of Stockholders' Equity
[2] Totals may not sum due to rounding.
[3] The Company completed a Reverse Stock Split of 10 to 1 effective August 26, 2021, the common shares and net asset value per common share have been adjusted retroactively to reflect the split for all periods presented.