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Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2024
Dec. 31, 2023
Assets [Abstract]    
Total Investments at Fair Value $ 428,978 $ 467,865
Cash and cash equivalents 13,736 26,912
Restricted cash 13,039 44,652
Interest receivable 5,544 5,162
Receivable for unsettled trades   573
Other assets 857 2,541
Total Assets 463,672 549,239
Liabilities [Abstract]    
2018-2 Secured Notes (net of original issue discount of $- and $712, respectively) 0 124,971
4.875% Notes Due 2026 (net of deferred financing costs and original issue discount of $1,208 and $1,786, respectively) 106,792 106,214
Great Lakes Portman Ridge Funding LLC Revolving Credit Facility (net of deferred financing costs of $1,352 and $775, respectively) 158,126 91,225
Payable for unsettled trades 0 520
Accounts payable, accrued expenses and other liabilities 2,242 4,252
Accrued interest payable 4,659 3,928
Management and incentive fees payable 2,842 4,153
Total Liabilities 275,690 335,721
COMMITMENTS AND CONTINGENCIES (NOTE 8)
NET ASSETS    
Common stock, par value $0.01 per share, 20,000,000 common shares authorized; 9,955,873 issued, and 9,231,454 outstanding at September 30, 2024, and 9,943,385 issued, and 9,383,132 outstanding at December 31, 2023 92 94
Capital in excess of par value 714,933 717,835
Total distributable (loss) earnings (527,043) (504,411)
Total Net Assets [1] 187,982 [2] 213,518
Total Liabilities and Net Assets $ 463,672 $ 549,239
Net Asset Value Per Common Share [2] $ 20.36 [1] $ 22.76
Affiliated Entity    
Assets [Abstract]    
Due from affiliates $ 1,518 $ 1,534
Liabilities [Abstract]    
Due to affiliates 1,029 458
Non-controlled/Non-affiliated Investments    
Assets [Abstract]    
Total Investments at Fair Value 357,459 398,325
Non-controlled Affiliated Investments    
Assets [Abstract]    
Total Investments at Fair Value 58,507 55,222
Controlled Affiliated Investments    
Assets [Abstract]    
Total Investments at Fair Value $ 13,012 $ 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.