Six Months Ended June 30,

($ in thousands)

2024

2023

Net increase (decrease) in net assets resulting from operations

$

(1,887

)

$

(3,059

)

Tax benefit (provision) on realized and unrealized gains (losses) on investments

(537

)

(407

)

Net change in unrealized (appreciation) depreciation on investments

5,895

10,136

Net realized gain (loss)

9,231

9,774

Book/tax differences on CLO equity investments

(523

)

(860

)

Book/tax differences related to mergers and partnership investments

1,052

(1,301

)

Other book/tax differences

—

602

Taxable income before deductions for distributions

$

13,231

$

14,885

Taxable income before deductions for distributions per weighted
   average basic and diluted shares for the period

$

1.42

$

1.56