XML 70 R60.htm IDEA: XBRL DOCUMENT v3.22.4
Financial Highlights (Details) - Schedule of financial highlights - USD ($)
 3 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Sep. 30, 2022
Sep. 30, 2021
Investment Company, Financial Highlights [Line Items]        
Net Asset Value per share at Beginning of Period $ 57.49 $ 57.08    
Results of Operations:        
Net Investment Income/(Loss) [1] 0.78 0.08    
Net Realized Gain/(Loss) on Investments 0.01 6.05    
Net Unrealized Gain/(Loss) on Investments 1.09 (4.1)    
Net loss on extinguishment of debt (0.12)    
Net Increase (Decrease) in Net Assets Resulting from Operations 1.88 1.91    
Capital Share Transactions        
Repurchase of common stock under stock repurchase program 0.01    
Net Increase (Decrease) Resulting from Capital Share Transactions 0.01    
Net Asset Value per share at End of Period $ 59.38 $ 58.99    
Net Assets at End of Period (in Dollars) $ 124,692,805 $ 148,496,991 $ 120,845,408 $ 143,693,981
Shares Outstanding at End of Period (in Shares) 2,099,824 2,517,221 2,102,129  
Per share market value at end of period $ 31.05 $ 41.83    
Total return based on market value [2] (10.98%) 134.60%    
Total return based on net asset value [3] 3.18% (1.41%)    
Portfolio turnover rate 3.75% 188.23%    
Ratio of net investment/(loss) income to average net assets after waivers, discounts and reimbursements [4] 1.28% (0.08%)    
Ratio of total expenses to average net assets [4] 2.38% 7.76%    
Percentage of non-recurring fee income [4],[5] 1.56% 9.31%    
Average debt outstanding (in Dollars) [6] $ 80,021,800 $ 78,934,300    
Average debt outstanding per common share $ 38.09 $ 31.36    
Asset coverage ratio per unit (in Dollars) [7] $ 2,597 $ 2,913    
Total Debt Outstanding (in Dollars) 80,022,000   $ 80,022,000  
2023 Notes [Member]        
Capital Share Transactions        
Total Debt Outstanding (in Dollars) [8] $ 22,521,800 $ 22,521,800    
Average market value per unit $ 25.1 $ 25.44    
2028 Notes [Member]        
Capital Share Transactions        
Total Debt Outstanding (in Dollars) [8] $ 57,500,000 $ 57,500,000    
Average market value per unit $ 23.55 $ 25.13    
[1] Net investment income/(loss) excluding management and incentive fee waivers, discounts and reimbursements based on total weighted average common stock outstanding equals $0.78 and $0.08 per share for the three months ended December 31, 2022 and 2021 respectively.
[2] Total return is historical and assumes changes in share price, reinvestments of all dividends and distributions at prices obtained under the Company’s dividend reinvestment plan, and no sales charge for the period. Calculation is not annualized.
[3] Total return is historical and assumes changes in NAV, reinvestments of all dividends and distributions at prices obtained under the Company’s dividend reinvestment plan, and no sales charge for the period. Calculation is not annualized.
[4] Ratios are annualized during interim periods.
[5] Represents the impact of the non-recurring fees as a percentage of total investment income.
[6] Based on daily weighted average carrying value of debt outstanding during the period.
[7] Asset coverage per unit is the ratio of the carrying value of our total consolidated assets, less all liabilities and indebtedness not represented by senior securities, to the aggregate amount of senior securities representing indebtedness. Asset coverage per unit is expressed in terms of dollar amounts per $1,000 of indebtedness.
[8] Total amount of each class of senior securities outstanding at the end of the period excluding debt issuance costs.