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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2022
Dec. 31, 2021
Assets [Abstract]    
Total Investments at Fair Value $ 576,478 $ 549,985
Cash and cash equivalents 5,148 28,919
Restricted cash 27,983 39,421
Interest receivable 4,828 5,514
Receivable for unsettled trades 1,395 20,193
Due from affiliates 930 507
Other assets 2,724 3,762
Total Assets 619,486 648,301
Liabilities [Abstract]    
2018-2 Secured Notes (net of discount of: 2022 - $1,270; 2021 - $1,403) 176,937 162,460
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) 105,478 104,892
Great Lakes Portman Ridge Funding LLC Revolving Credit Facility (net of deferred financing costs of: 2022 - $1,163; 2021 - $732) 90,893 79,839
Derivative liabilities   2,412
Payable for unsettled trades 1,276 5,397
Accounts payable, accrued expenses and other liabilities 4,614 4,819
Accrued interest payable 3,722 2,020
Due to affiliates 900 1,799
Management and incentive fees payable 3,543 4,541
Total Liabilities 387,363 368,179
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 96 97
Capital in excess of par value 736,784 733,095
Total distributable (loss) earnings (504,757) (453,070)
Total Net Assets [1] 232,123 280,122
Total Liabilities and Net Assets $ 619,486 $ 648,301
Net Asset Value Per Common Share [1],[2],[3] $ 24.23 $ 28.88
Non-controlled/Non-affiliated Investments    
Assets [Abstract]    
Total Investments at Fair Value $ 483,698 $ 452,482
Non-controlled Affiliated Investments    
Assets [Abstract]    
Total Investments at Fair Value 73,827 74,142
Controlled Affiliated Investments    
Assets [Abstract]    
Total Investments at Fair Value $ 18,953 $ 23,361
[1] Totals may not sum due to rounding.
[2] 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.
[3] The Company completed a Reverse Stock Split of 10 to 1 effective August 26, 2021, the common shares outstanding and net asset value per common share values have been adjusted retroactively to reflect the split for all periods presented