XML 57 R51.htm IDEA: XBRL DOCUMENT v3.26.1
Affiliates and Controlled Investments - Schedule of Fair Value with Transactions in Affiliated investments and controlled investments (Details) - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Schedule of Investments [Line Items]        
Fair Value, Beginning Balance [1],[2]     $ 331,071  
Fair Value, Ending Balance [3] $ 272,252   272,252  
Interest Income 6,157 $ 7,969 12,877 $ 15,935
Dividend Income 4,617 $ 6,236 7,322 $ 9,848
Controlled Investments        
Schedule of Investments [Line Items]        
Fair Value, Beginning Balance [4]     79,887  
Gross Additions [4],[5]     6,450  
Change in Unrealized Appreciation (Depreciation) [4]     (5,341)  
Fair Value, Ending Balance [4] 80,996   80,996  
Interest Income [4]     1,711  
Dividend Income [4]     5,115  
Controlled Investments | Great Elm Specialty Finance        
Schedule of Investments [Line Items]        
Fair Value, Beginning Balance [4]     38,462  
Gross Additions [4],[5]     3,550  
Change in Unrealized Appreciation (Depreciation) [4]     (1,500)  
Fair Value, Ending Balance [4] 40,512   40,512  
Interest Income [4]     1,711  
Dividend Income [4]     56  
Controlled Investments | Great Elm Specialty Finance | Equity        
Schedule of Investments [Line Items]        
Fair Value, Beginning Balance [4]     13,137  
Change in Unrealized Appreciation (Depreciation) [4]     (1,500)  
Fair Value, Ending Balance [4] 11,637   11,637  
Interest Income [4]     0  
Dividend Income [4]     56  
Controlled Investments | Great Elm Specialty Finance | Subordinated Note        
Schedule of Investments [Line Items]        
Fair Value, Beginning Balance [4]     25,325  
Gross Additions [4],[5]     3,550  
Fair Value, Ending Balance [4] 28,875   28,875  
Interest Income [4]     1,711  
Controlled Investments | CLO Formation JV, LLC        
Schedule of Investments [Line Items]        
Fair Value, Beginning Balance [4]     41,425  
Change in Unrealized Appreciation (Depreciation) [4]     (3,841)  
Fair Value, Ending Balance [4] 37,584   37,584  
Dividend Income [4]     5,059  
Controlled Investments | CLO Formation JV, LLC | Equity        
Schedule of Investments [Line Items]        
Fair Value, Beginning Balance [4]     41,425  
Change in Unrealized Appreciation (Depreciation) [4]     (3,841)  
Fair Value, Ending Balance [4] 37,584   37,584  
Dividend Income [4]     5,059  
Controlled Investments | Alpha Edison Quantum II, LLC        
Schedule of Investments [Line Items]        
Gross Additions [4]     2,900  
Fair Value, Ending Balance [4] 2,900   2,900  
Controlled Investments | Alpha Edison Quantum II, LLC | Equity        
Schedule of Investments [Line Items]        
Gross Additions [4]     2,900  
Fair Value, Ending Balance [4] $ 2,900   $ 2,900  
[1] As of period end, the aggregate gross unrealized appreciation for all securities in which there was an excess of value over tax cost was $11,467; the aggregate gross unrealized depreciation for all securities in which there was an excess of tax cost over value was $80,177; the net unrealized depreciation was $(68,710); the aggregate cost of securities for Federal income tax purposes was $399,781.
[2] reat Elm Capital Corp.’s (the “Company”) investments are generally acquired in private transactions exempt from registration under the Securities Act, as amended (the “Securities Act”) and, therefore, are generally subject to limitations on resale, and may be deemed to be “restricted securities” under the Securities Act.
[3] As of period end, the aggregate gross unrealized appreciation for all securities in which there was an excess of value over tax cost was $9,671; the aggregate gross unrealized depreciation for all securities in which there was an excess of tax cost over value was $(82,260); the net unrealized depreciation was $(72,589); the aggregate cost of securities for Federal income tax purposes was $344,841.
[4] Non-unitized equity investments are disclosed with percentage ownership in lieu of quantity.
[5] Gross additions include increases resulting from new or additional portfolio investments, capitalized PIK income, accretion of discounts and the exchange of one or more existing securities for one or more new securities.