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v3.23.3

Financial Highlights (Tables) | 9 Months Ended
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Sep. 30, 2023
Investment Company [Abstract] |
Financial highlights | The following is a schedule of financial highlights for the three and nine months ended September 30, 2023 and 2022:
| Three Months Ended September 30, |  | Nine Months Ended September 30,
| 2023 |  | 2022 |  | 2023 |  | 2022
Per share operating performance: |  |  |  |  |  |  |
Net asset value per share at beginning of period | $ | 12.94 |  |  | $ | 14.57 |  |  | $ | 13.47 |  |  | $ | 15.18 |
Net investment income(4) | 0.40 |  |  | 0.33 |  |  | 1.15 |  |  | 1.01 |
Net realized gain (loss) on investments, net of taxes(4) | 0.01 |  |  | (0.04) |  |  | (0.77) |  |  | (0.04) |
Net unrealized depreciation on investments, net of taxes(4) | (0.26) |  |  | (1.00) |  |  | (0.09) |  |  | (1.71) |
Loss on extinguishment of debt(4) | (0.01) |  |  | — |  |  | (0.02) |  |  | (0.01) |
Total income (loss) from operations | 0.14 |  |  | (0.71) |  |  | 0.27 |  |  | (0.75) |
Distributions declared | (0.34) |  |  | (0.29) |  |  | (1.00) |  |  | (0.86) |
Issuance/repurchase of common stock(8) | — |  |  | 0.01 |  |  | — |  |  | 0.01 |
Net asset value per share at end of period | $ | 12.74 |  |  | $ | 13.58 |  |  | $ | 12.74 |  |  | $ | 13.58 |
Per share market value, end of period | $ | 11.24 |  |  | $ | 8.22 |  |  | $ | 11.24 |  |  | $ | 8.22 |
Total return based on market value(1)(6) | 17.1 | % |  | (14.2) | % |  | 21.7 | % |  | (17.9) | %
Total return based on net asset value(2)(6) | 1.4 | % |  | (3.5) | % |  | 3.9 | % |  | (2.6) | %
Shares outstanding at end of period | 13,398,078 |  |  | 13,406,971 |  |  | 13,398,078 |  |  | 13,406,971 |
Weighted average shares outstanding | 13,398,078 |  |  | 13,428,410 |  |  | 13,398,078 |  |  | 13,425,466 |
Ratio/Supplemental Data (dollar amounts in thousands) |  |  |  |  |  |  |
Average net asset value(3) | $ | 172,045 |  |  | $ | 188,893 |  |  | $ | 176,080 |  |  | $ | 197,479 |
Net asset value at end of period | $ | 170,668 |  |  | $ | 182,074 |  |  | $ | 170,668 |  |  | $ | 182,074 |
Net investment income | $ | 5,390 |  |  | $ | 4,372 |  |  | $ | 15,463 |  |  | $ | 13,625 |
Ratio of total expenses to average net assets(5) | 21.5 | % |  | 19.0 | % |  | 21.2 | % |  | 14.3 | %
Ratio of total expenses and loss on extinguishment of debt to average net assets(5) | 21.6 | % |  | 19.0 | % |  | 21.3 | % |  | 14.3 | %
Ratio of net investment income to average net assets(5) | 12.5 | % |  | 9.3 | % |  | 11.7 | % |  | 9.2 | %
Ratio of loss on extinguishment of debt to average net assets(6) | 0.1 | % |  | — | % |  | 0.1 | % |  | 0.1 | %
Portfolio turnover(7) | 1.8 | % |  | 4.2 | % |  | 7.1 | % |  | 22.7 | %
(1)Calculated as ending market value less beginning market value, adjusted for distributions reinvested at prices based on the Company’s DRIP for the respective distributions. (2)Calculated as ending net asset value less beginning net asset value, adjusted for distributions reinvested at prices based on the Company’s DRIP for the respective distributions. (3)Based on the average of the net asset value at the beginning and end of the indicated period and, if applicable, the preceding calendar quarters. (4)Calculated on the average share method. (5)Annualized. (6)Not annualized. (7)Portfolio turnover rate is calculated using the lesser of period-to-date sales, portfolio investment distributions and principal payments or period-to-date purchases over the average of the invested assets at fair value. (8)Common stock issued through the DRIP and repurchased through the Stock Repurchase Program.

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- Definition Tabular disclosure of financial highlights. Includes, but is not limited to, per share information, income and expense ratios, total return, capital commitment and fee waiver. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 946 -SubTopic 205 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Publisher FASB -URI https://asc.fasb.org//1943274/2147480737/946-205-50-1 + Details
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