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LRFC Acquisition (Tables) | 9 Months Ended
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Sep. 30, 2025
Business Combination [Abstract] |
Summary of Allocation of Purchase Price to Assets Acquired and Liabilities Assumed | The following table summarizes the allocation of the purchase price to the assets acquired and liabilities assumed as a result of the LRFC Acquisition immediately prior to consummation:
($ in thousands) |  | July 15, 2025 |
Common stock issued by the Company (net of offering costs of $404)(1) |  | $ | 49,596 |
Cash paid for fractional shares |  |  | 0 |
Transaction costs |  |  | 3,192 |
Total purchase consideration |  |  | 52,788 |
Assets acquired: |  |  |
Investments, at fair value (amortized cost of $153,392) |  |  | 174,274 |
Cash and cash equivalents |  |  | 7,085 |
Interest receivable |  |  | 1,601 |
Other assets |  |  | 1,644 |
Total assets acquired |  |  | 184,604 |
Liabilities assumed: |  |  |
Debt |  |  | 103,181 |
Other liabilities |  |  | 7,754 |
Total liabilities assumed |  |  | 110,935 |
Net assets acquired |  |  | 73,669 |
Total purchase discount |  | $ | (20,881 | )
(1) Based on the share price defined in the LRFC Merger Agreement of $12.55 and the approximate 3,984,078 shares of common stock issued by the Company in connection with the LRFC Acquisition, net of offering costs of $0.4 million.

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- Definition Tabular disclosure of asset acquired and liability assumed in business combination and recognized at acquisition date. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 805 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479907/805-20-50-2 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 805 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org/1943274/2147479907/805-20-50-1 + Details
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