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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2024
Dec. 31, 2023
Assets [Abstract]    
Total Investments at Fair Value $ 405,021 $ 467,865
Cash and cash equivalents 17,532 26,912
Restricted cash 22,421 44,652
Interest receivable 6,088 5,162
Receivable for unsettled trades   573
Other assets 1,205 2,541
Total Assets 453,634 549,239
Liabilities [Abstract]    
2018-2 Secured Notes (net of original issue discount of $- and $712, respectively)   124,971
4.875% Notes Due 2026 (net of deferred financing costs and original issue discount of $1,017 and $1,786, respectively) 106,983 106,214
Great Lakes Portman Ridge Funding LLC Revolving Credit Facility (net of deferred financing costs of $1,322 and $775) 158,157 91,225
Payable for unsettled trades   520
Accounts payable, accrued expenses and other liabilities 3,007 4,252
Accrued interest payable 3,646 3,928
Management and incentive fees payable 2,713 4,153
Total Liabilities 275,141 335,721
COMMITMENTS AND CONTINGENCIES (NOTE 8)
NET ASSETS    
Common stock, par value $0.01 per share, 20,000,000 common shares authorized; 9,960,785 issued, and 9,198,175 outstanding at December 31, 2024, and 9,943,385 issued, and 9,383,132 outstanding at December 31, 2023 92 94
Capital in excess of par value 714,331 717,835
Total distributable (loss) earnings (535,930) (504,411)
Total Net Assets [1] 178,493 213,518
Total Liabilities and Net Assets $ 453,634 $ 549,239
Net Asset Value Per Common Share [1] $ 19.41 $ 22.76
Affiliated Entity    
Assets [Abstract]    
Due from affiliates $ 1,367 $ 1,534
Liabilities [Abstract]    
Due to affiliates 635 458
Non-controlled/Non-affiliated Investments    
Assets [Abstract]    
Total Investments at Fair Value 327,622 398,325
Non-controlled Affiliated Investments    
Assets [Abstract]    
Total Investments at Fair Value 64,384 55,222
Controlled Affiliated Investments    
Assets [Abstract]    
Total Investments at Fair Value $ 13,015 $ 14,318
[1] Totals may not sum due to rounding.