Transactions with Related Parties (Tables)

3 Months Ended

Mar. 31, 2024

Schedule of Composition of the Company's Incentive Fees

The composition of the Company’s incentive fees was as follows:


	Three months ended March 31,
	2024		2023
Part one incentive fees (1)	$	1,368	$	1,657
Part two incentive fees (2)	—		—
Total incentive fees	$	1,368	$	1,657

________________________________________________________

(1)Based on pre-incentive fee net investment income.

(2)Based upon net realized and unrealized gains and losses, or capital gains and losses. The Company accrues, but does not pay, a capital gains incentive fee in connection with any unrealized capital appreciation, as appropriate. If, on a cumulative basis, the sum of net realized gain (loss) plus net unrealized gain (loss) decreases during a period, the Company will reverse any excess capital gains incentive fee previously accrued such that the amount of capital gains incentive fee accrued is no more than 20% of the sum of net realized gain (loss) plus net unrealized gain (loss).