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Fair Value Measurements (Tables) | 3 Months Ended
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Dec. 31, 2022
Fair Value Disclosures [Abstract] |
Schedule of fair value measurements of our investments |
|  | Fair Value Hierarchy as of December 31, 2022 |
Investments: |  | Level 1 |  |  | Level 2 |  |  | Level 3 |  |  | Total |
Senior Secured First Lien Term Loans |  | $ | - |  |  | $ | 14,030 |  |  | $ | 74,661 |  |  | $ | 88,691 |
Senior Secured Notes |  |  | - |  |  |  | - |  |  |  | 1,617 |  |  |  | 1,617 |
Unsecured Debt |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |
Equity/Warrants |  |  | 28,231 |  |  |  | 5,669 |  |  |  | 59,063 |  |  |  | 92,963 |
Total |  | $ | 28,231 |  |  | $ | 19,699 |  |  | $ | 135,341 |  |  | $ | 183,271 |
|  | Fair Value Hierarchy as of September 30, 2022 |
Investments: |  | Level 1 |  |  | Level 2 |  |  | Level 3 |  |  | Total |
Senior Secured First Lien Term Loans |  | $ | - |  |  | $ | 13,996 |  |  | $ | 74,252 |  |  | $ | 88,248 |
Senior Secured Second Lien Term Loans |  |  | - |  |  |  | - |  |  |  | 2,607 |  |  |  | 2,607 |
Senior Secured Notes |  |  | - |  |  |  | 1,659 |  |  |  | - |  |  |  | 1,659 |
Unsecured Debt |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |
Equity/Warrants |  |  | 24,750 |  |  |  | 5,877 |  |  |  | 69,816 |  |  |  | 100,443 |
Total |  | $ | 24,750 |  |  | $ | 21,532 |  |  | $ | 146,675 |  |  | $ | 192,957 |
Schedule of investments that use level 3 inputs |
|  | Senior Secured First Lien Term Loans |  |  | Senior Secured Second Lien Term Loans |  |  | Senior Secured Notes |  |  | Equities/ Warrants |  |  | Total |
Balance as of September 30, 2022 |  | $ | 74,252 |  |  | $ | 2,607 |  |  | $ | - |  |  | $ | 69,816 |  |  | $ | 146,675 |
Purchases and other adjustments to cost |  |  | 2,900 |  |  |  | - |  |  |  | - |  |  |  | 4,282 |  |  |  | 7,184 |
Sales |  |  | (1,046 | ) |  |  | (2,607 | ) |  |  | - |  |  |  | (14,644 | ) |  |  | (18,297) |
Net realized gains/(losses) from investments |  |  | 3 |  |  |  | 5 |  |  |  | - |  |  |  | - |  |  |  | 8 |
Net unrealized gains/(losses) |  |  | (1,448 | ) |  |  | (5 | ) |  |  | (42 | ) |  |  | (391 | ) |  |  | (1,888) |
Transfer in/(out) |  |  | - |  |  |  | - |  |  |  | 1,659 |  |  |  | - |  |  |  | 1,659 |
Balance as of December 31, 2022 |  | $ | 74,661 |  |  | $ | - |  |  | $ | 1,617 |  |  | $ | 59,063 |  |  | $ | 135,341 |
|  | Senior Secured First Lien Term Loans |  |  | Senior Secured Second Lien Term Loans |  |  | Secured Debt |  |  | Unsecured Debt |  |  | Equities/ Warrants |  |  | Total |
Balance as of September 30, 2021 |  | $ | 61,934 |  |  | $ | 2,490 |  |  | $ | 2,500 |  |  | $ | - |  |  | $ | 48,889 |  |  | $ | 115,813 |
Purchases and other adjustments to cost |  |  | 27,629 |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 38,344 |  |  |  | 65,973 |
Sales |  |  | (32,951 | ) |  |  | - |  |  |  | - |  |  |  | (100 | ) |  |  | (40,292 | ) |  |  | (73,343 | )
Net realized gains/(losses) from investments |  |  | (21,759 | ) |  |  | - |  |  |  | - |  |  |  | (99 | ) |  |  | 36,153 |  |  |  | 14,295 |
Net unrealized gains/(losses) |  |  | 20,453 |  |  |  | 3 |  |  |  | (2,500 | )(1) |  |  | 199 |  |  |  | (32,443 | )(1) |  |  | (14,288 | )
Balance as of December 31, 2021 |  | $ | 55,306 |  |  | $ | 2,493 |  |  | $ | - |  |  | $ | - |  |  | $ | 50,651 |  |  | $ | 108,450 |
Schedule of quantitative information about level 3 fair value measurements of our investments |
|  | Fair Value |  |  | Valuation Methodology |  | Unobservable Input |  | Range (Weighted Average) |
Senior Secured First Lien Term Loans |  | $ | 65,118 |  |  | Income Approach |  | Market Yield |  |  | 8.50% - 29.0% (13.85%) |
Senior Secured First Lien Term Loans |  |  | 4,788 |  |  | Market Approach |  | EBITDA Multiple |  |  | 4.0x - 7.25x (4.9x) |
Senior Secured First Lien Term Loans |  |  | 4,755 |  |  | Market Approach |  | Revenue Multiple |  |  | 0.2x - 0.3x (0.3x) |
Senior Secured Notes |  |  | 1,617 |  |  | Market Approach |  | EBITDA Multiple |  |  | 21.0x - 22.0x (21.5x) |
Equity/Warrants |  |  | 36,672 |  |  | Cost Approach |  | Replacement Cost |  |  | N/A |
Equity/Warrants |  |  | 11,244 |  |  | Market Approach |  | EBITDA Multiple |  |  | 2.0x - 32.2x (6.49x) |
Equity/Warrants |  |  | 10,036 |  |  | Income Approach |  | Market Yield |  |  | 0.00% - 13.75% (6.52%) |
Equity/Warrants |  |  | 1,111 |  |  | Market Approach |  | Sum of the Parts/Estimated proceeds |  |  | 6.9x - 7.6x (7.3x) |
Total |  | $ | 135,341 |  |  |  |  |  |  |  |  |
|  | Fair Value |  |  | Valuation Methodology |  | Unobservable Input |  | Range (Weighted Average) |
Senior Secured First Lien Term Loans |  | $ | 65,428 |  |  | Income Approach |  | Market Yield |  |  | 8.50% - 24.00% (10.57%) |
Senior Secured First Lien Term Loans |  |  | 3,807 |  |  | Market Approach |  | EBITDA Multiple |  |  | 4.0x - 5.0x (4.5x) |
Senior Secured First Lien Term Loans |  |  | 4,152 |  |  | Market Approach |  | Revenue Multiple |  |  | 0.2x - 0.3x (2.5x) |
Senior Secured First Lien Term Loans |  |  | 865 |  |  | Income Approach |  | Market Spread |  |  | 5.75% - 6.25% (6.00%) |
Senior Secured Second Lien Term Loans |  |  | 2,607 |  |  | Market Approach |  | EBITDA Multiple |  |  | 9.0x - 10.0x (9.5x) |
Equity/Warrants |  |  | 47,138 |  |  | Cost Approach |  | Replacement Cost |  |  | N/A |
Equity/Warrants |  |  | 11,444 |  |  | Market Approach |  | EBITDA Multiple |  |  | 2.0x - 21.0x (17.4x) |
Equity/Warrants |  |  | 9,951 |  |  | Income Approach |  | Market Yield |  |  | 8.50% - 13.25% (12.75%) |
Equity/Warrants |  |  | 1,283 |  |  | Market Approach |  | Sum of the Parts/Estimated Proceeds |  |  | 8.1x - 11.4x (9.8x) |
Total |  | $ | 146,675 |  |  |  |  |  |  |  |  |

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- Definition Tabular disclosure of assets, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, by class that are measured at fair value on a recurring basis. The disclosures contemplated herein include the fair value measurements at the reporting date by the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3). + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (b) -URI https://asc.fasb.org/extlink&oid=126976982&loc=d3e19207-110258 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (a) -URI https://asc.fasb.org/extlink&oid=126976982&loc=d3e19207-110258 + Details
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