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Consolidated Statements of Operations - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Interest income:      
Total interest income $ 54,240 $ 65,011 $ 31,751
Payment-in-kind income:      
Total payment-in-kind income 5,608 3,521 3,218
Dividend income:      
Total dividend income 8,591 9,176 6,912
Fees and other income:      
Total fees and other income 1,175 2,378 868
Interest from cash and time deposits     15
Total investment income 69,614 80,086 42,764
EXPENSES      
Management fees 8,349 7,916 4,579
Performance-based incentive fees 6,126 7,075 4,858
Interest and amortization of debt issuance costs 17,701 13,644 10,284
Professional fees 3,400 3,660 2,836
Administrative services expense 3,364 3,219 1,941
Other general and administrative expenses 1,784 2,568 1,823
Total expenses 40,724 38,082 26,321
Management and performance-based incentive fees waived     (557)
Net expenses 40,724 38,082 25,764
NET INVESTMENT INCOME 28,890 42,004 17,000
Net realized gains (losses) from investment transactions:      
Net realized gain (loss) on investments (31,185) (4,258) 7,605
Net change in unrealized appreciation (depreciation) on:      
Net unrealized gain (loss) on investments (17,915) (8,443) 6,813
Tax (provision) benefit on realized and unrealized gains (losses) on investments (786) (1,442)  
Net realized and unrealized appreciation (depreciation) on investments, net of taxes (49,886) (14,143) 14,418
Realized gains (losses) on extinguishments of debt   (1,835) 155
NET INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS $ (20,996) $ 26,026 $ 31,573
Net Increase (Decrease) In Net Assets Resulting from Operations per Common Share      
Basic [1],[2] $ (2.18) $ 3.05 $ 6.32
Diluted [1] (2.18) 3.05 6.32
Net Investment Income Per Common Share:      
Basic and Diluted: [1] $ 3.00 $ 4.92 $ 3.40
Weighted Average Shares of Common Stock Outstanding - Basic [1] 9,634,468 8,536,079 4,998,759
Weighted Average Shares of Common Stock Outstanding - Diluted [1] 9,634,468 8,536,079 4,998,759
Non-controlled/Non-affiliated Investments      
Interest income:      
Total interest income $ 51,090 $ 60,236 $ 24,335
Payment-in-kind income:      
Total payment-in-kind income 4,950 3,355 3,218
Dividend income:      
Total dividend income 4,450 4,006 2,649
Fees and other income:      
Total fees and other income 1,135 2,378 868
Net realized gains (losses) from investment transactions:      
Net realized gain (loss) on investments (28,893) (4,397) 7,120
Net change in unrealized appreciation (depreciation) on:      
Net unrealized gain (loss) on investments (8,298) (8,047) 21,366
Non-controlled Affiliated Investments      
Interest income:      
Total interest income 3,150 4,775 7,416
Payment-in-kind income:      
Total payment-in-kind income 477 166  
Fees and other income:      
Total fees and other income 40    
Net realized gains (losses) from investment transactions:      
Net realized gain (loss) on investments (197) 139 485
Net change in unrealized appreciation (depreciation) on:      
Net unrealized gain (loss) on investments (1,428) 282 (11,723)
Controlled Affiliated Investments      
Payment-in-kind income:      
Total payment-in-kind income 181    
Dividend income:      
Total dividend income 4,141 5,170 4,263
Net change in unrealized appreciation (depreciation) on:      
Net unrealized gain (loss) on investments (10,601) 625 (1,755)
Derivatives      
Net realized gains (losses) from investment transactions:      
Net realized gain (loss) on investments (2,095)    
Net change in unrealized appreciation (depreciation) on:      
Net unrealized gain (loss) on investments $ 2,412 $ (1,303) $ (1,075)
[1] The Company completed a Reverse Stock Split of 10 to 1 effective August 26, 2021, the weighted average shares outstanding and per share values have been adjusted retroactively to reflect the split for all periods presented.
[2] Totals may not sum due to rounding.