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Borrowings (Tables)
12 Months Ended
Sep. 30, 2023
Borrowings [Abstract]  
Schedule of Debt Issuance Costs The Company’s outstanding debt excluding debt issuance costs as of September 30, 2023 and 2022 were as follows (dollars in thousands):
   September 30, 2023   September 30, 2022 
   Aggregate
Principal
Available
   Principal Amount Outstanding   Carrying Value   Fair Value   Aggregate
Principal Available
   Principal Amount
Outstanding
   Carrying Value   Fair Value 
2023 Notes  $-   $-   $-   $-   $22,522   $22,522   $22,483   $22,378 
2028 Notes   57,500    57,500    55,811    49,105    57,500    57,500    55,480    50,255 
Revolving Credit Facility   21,558    28,442    28,442    28,442    -    -    -    - 
Total debt  $79,058   $85,942   $84,253   $77,547   $80,022   $80,022   $77,963   $72,633 

 

Schedule of Consolidated Statements of Assets and Liabilities Debt issuance costs related to the 2023 Notes and the 2028 Notes are reported on the Consolidated Statements of Assets and Liabilities as a direct deduction from the face amount of the 2023 Notes and the 2028 Notes. As of September 30, 2023 and September 30, 2022, debt issuance costs related to the 2023 Notes and the 2028 Notes were as follows (dollars in thousands):
   September 30, 2023   September 30, 2022 
   2023 Notes   2028 Notes   Total   2023 Notes   2028 Notes   Total 
Total debt issuance costs at beginning of period  $39   $2,020   $2,059   $3,102   $2,311   $5,413 
Amortized debt issuance costs   39    331    370    3,063    291    3,354 
Unamortized debt issuance costs  $-   $1,689   $1,689   $39   $2,020   $2,059 
Schedule of Interest Expense, Amortized Debt Issuance Costs, Weighted Average Stated Interest Rate and Weighted Average Outstanding Debt For the years ended September 30, 2023, 2022 and 2021, the components of interest expense, amortized debt issuance costs, amortized deferred financing costs, weighted average stated interest rate and weighted average outstanding debt balance for the 2023 Notes and the 2028 Notes were as follows (dollars in thousands):
   For the Years Ended September 30, 
   2023   2022   2021 
2021 Notes Interest  $-   $-   $668 
2023 Notes Interest   410    1,749    4,768 
2023 Notes Premium   -    -    (3)
2028 Notes Interest   3,019    2,996    - 
Credit Facility Interest   1,390    -    - 
Commitment fees   56    
-
    
-
 
Amortization of deferred financing costs   287    -    - 
Amortization of debt issuance costs   370    368    367 
Total  $5,532   $5,113   $5,800 
Weighted average stated interest rate   5.9%   6.0%   7.0%
Weighted average debt outstanding  $81,600   $85,398   $82,930