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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2024
Dec. 31, 2023
Assets [Abstract]    
Total Investments at Fair Value $ 444,370 $ 467,865
Cash and cash equivalents 9,813 26,912
Restricted cash 26,826 44,652
Interest receivable 4,659 5,162
Receivable for unsettled trades   573
Other assets 1,599 2,541
Total Assets 488,811 549,239
Liabilities [Abstract]    
2018-2 Secured Notes (net of discount of: 2024 - $414; 2023 - $712) 84,656 124,971
4.875% Notes Due 2026 (net of discount of: 2024 - $974; 2023 - $1,225; net of deferred financing costs of: 2024 - $430; 2023 - $561) 106,596 106,214
Great Lakes Portman Ridge Funding LLC Revolving Credit Facility (net of deferred financing costs of: 2024 - $609; 2023 - $775) 91,391 91,225
Payable for unsettled trades 37 520
Accounts payable, accrued expenses and other liabilities 2,700 4,252
Accrued interest payable 3,537 3,928
Management and incentive fees payable 3,054 4,153
Total Liabilities 292,382 335,721
COMMITMENTS AND CONTINGENCIES (NOTE 8)
NET ASSETS    
Common stock, par value $0.01 per share, 20,000,000 common shares authorized; 9,951,485 issued, and 9,260,495 outstanding at June 30, 2024, and 9,943,385 issued, and 9,383,132 outstanding at December 31, 2023 93 94
Capital in excess of par value 715,488 717,835
Total distributable (loss) earnings (519,152) (504,411)
Total Net Assets [1] 196,429 [2] 213,518
Total Liabilities and Net Assets $ 488,811 $ 549,239
Net Asset Value Per Common Share [2] $ 21.21 [1] $ 22.76
Affiliated Entity    
Assets [Abstract]    
Due from affiliates $ 1,544 $ 1,534
Liabilities [Abstract]    
Due to affiliates 411 458
Non-controlled/Non-affiliated Investments    
Assets [Abstract]    
Total Investments at Fair Value 370,359 398,325
Non-controlled Affiliated Investments    
Assets [Abstract]    
Total Investments at Fair Value 60,464 55,222
Controlled Affiliated Investments    
Assets [Abstract]    
Total Investments at Fair Value $ 13,547 $ 14,318
[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.