XML 15 R6.htm IDEA: XBRL DOCUMENT v3.25.3
Consolidated Statements of Changes in Net Assets - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Operations:        
Net investment income [1] $ 8,848 $ 5,802 $ 17,745 $ 18,505
Net realized gain (loss) on investment [1] (2,678) (11,419) (18,691) (20,398)
Net realized gain (loss) from extinguishment of debt   (403) [1] (0) (655) [1]
Net change in unrealized appreciation (depreciation) on investments [1] 15,525 4,511 18,250 (1,384)
Tax (provision) benefit on realized and unrealized gains (losses) on investments [1] 1,935   1,726 537
Net increase (decrease) in net assets resulting from operations [1] 23,630 (1,509) 19,030 (3,395)
Stockholder distributions:        
Distributions declared [1] (6,464) (6,382) (15,756) (19,237)
Net decrease in net assets resulting from stockholder distributions [1] (6,464) (6,382) (15,756) (19,237)
Capital share transactions:        
Stock issued under dividend reinvestment plan [1] 63 82 191 240
Stock repurchases [1] (250) (638) (250) (3,144)
Issuance of common shares in connection with the LRFC Acquisition [1],[2] 49,596   49,596  
Net increase (decrease) in net assets resulting from capital share transactions [1] 49,409 (556) 49,537 (2,904)
Beginning balance [1] 164,729 196,429 178,493 213,518
Ending balance [1] $ 231,304 $ 187,982 $ 231,304 $ 187,982
Net asset value per common share [1] $ 17.55 $ 20.36 $ 17.55 $ 20.36
Common stock, outstanding [1] 13,176,582 9,231,454 13,176,582 9,231,454
[1] Refer to Note 9 “Stockholders' Equity” for additional information on changes in components of Stockholders’ Equity.
[2] Refer to Note 11 “LRFC Acquisition” for additional information on the LRFC Acquisition.