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Fair Value Measurements (Tables)
 6 Months Ended
Mar. 31, 2024
Fair Value Measurements [Abstract]  
Schedule of Fair Value Measurements of Our Investments The following table presents the fair value measurements of our investments, by major class according to the fair value hierarchy, as of March 31, 2024 (dollars in thousands):
   Fair Value Hierarchy as of
March 31, 2024		 
Investments:  Level 1   Level 2   Level 3   Total 
Senior Secured First Lien Term Loans  $
-
   $26,626   $79,981   $106,607 
Senior Secured Notes   
-
    12,372    
-
    12,372 
Equity/Warrants   23,612    6,119    70,556    100,287 
Total  $23,612   $45,117   $150,537   $219,266 
Investments measured at net asset value(1)                  783 
Total Investments, at fair value                 $220,049 
(1)Certain investments that are measured at fair value using NAV have not been categorized in the fair value hierarchy. The fair value amounts presented in the table are intended to permit reconciliation of the fair value hierarchy to the amount presented in the Consolidated Statements of Assets and Liabilities.
The following table presents the fair value measurements of our investments, by major class according to the fair value hierarchy, as of September 30, 2023 (dollars in thousands):
   Fair Value Hierarchy as of
September 30, 2023		 
Investments:  Level 1   Level 2   Level 3   Total 
Senior Secured First Lien Term Loans  $
-
   $20,505   $82,499   $103,004 
Senior Secured Notes   
-
    8,922    
-
    8,922 
Equity/Warrants   24,709    6,217    82,817    113,743 
Total  $24,709   $35,644   $165,316   $225,669 
Investments measured at net asset value(1)                  792 
Total Investments, at fair value                 $226,461 
(1) Certain investments that are measured at fair value using NAV have not been categorized in the fair value hierarchy. The fair value amounts presented in the table are intended to permit reconciliation of the fair value hierarchy to the amount presented in the Consolidated Statements of Assets and Liabilities.

 
Schedule of Investments that Use Level 3 Inputs The following table provides a reconciliation of the beginning and ending balances for investments that use Level 3 inputs for the six months ended March 31, 2024 (dollars in thousands):
   Senior Secured
First Lien
Term Loans		   Equities/
Warrants		   Total 
Balance as of September 30, 2023  $82,499   $82,817   $165,316 
Purchases and other adjustments to cost   14,352    20,098    34,450 
Sales (including repayments or maturities)   (30,946)   (22,806)   (53,752)
Net realized gains/(losses) from investments   (8,676)   7,204    (1,472)
Net unrealized gains/(losses)   22,752    (16,757)   5,995 
Transfer in/(out)   
-
    
-
    
-
 
Balance as of March 31, 2024  $79,981   $70,556   $150,537 
The following table provides a reconciliation of the beginning and ending balances for investments that use Level 3 inputs for the six months ended March 31, 2023 (dollars in thousands):
   Senior Secured
First Lien
Term Loans		   Senior Secured
Second Lien
Term Loans		   Equities/
Warrants		   Fund
Investment		   Total 
Balance as of September 30, 2022  $74,252   $2,607   $69,816   $-   $146,675 
Purchases and other adjustments to cost   15,443    
-
    8,723    1,027    25,193 
Sales (including repayments or maturities)   (3,657)   (2,607)   (18,041)   -    (24,305)
Net realized gains/(losses) from investments   85    5    (927)   
-
    (837)
Net unrealized gains/(losses)   (2,964)   (5)   7,509    -    4,540 
Transfer in/(out)   
-
    
-
    
-
    
-
    
-
 
Balance as of March 31, 2023  $83,159   $
-
   $67,080   $1,027   $151,266 
Schedule of Quantitative Information About Level 3 Fair Value Measurements of Our Investments The following table presents the quantitative information about Level 3 fair value measurements of our investments, as of March 31, 2024 (dollars in thousands):
    Fair Value     Valuation
Methodology		   Unobservable
Input		   Range
(Weighted Average)		   Impact to
Valuation
From
An Increase
In Input
Senior Secured First Lien Term Loans   $ 75,177     Income Approach   Market Yield   9.0% - 37.5% (15.4%)   Decrease
Senior Secured First Lien Term Loans     3,958     Market Approach   EBITDA Multiple   1.6x - 5.0x (4.0x)   Increase
Senior Secured First Lien Term Loans     846     Market Approach   LTM EBITDA Multiple   6.3x - 7.3x (6.8x)   Increase
Equity/Warrants     34,729     Cost Approach   Collateral Value   N/A   N/A
Equity/Warrants     10,759     Market Approach   LTM Multiple   6.3x - 7.3x (6.8x)   Increase
Equity/Warrants     24,835     Market Approach   EBITDA Multiple   1.0x - 36.8x (5.8x)   Increase
Equity/Warrants     133     Income Approach   DLOM (Discount for lack of Marketability)   29.5% - 29.5% (29.5%)   Decrease
Equity/Warrants     100     Recent Purchase   Recent Purchase   N/A   N/A
Total   $ 150,537                  
The following table presents the quantitative information about Level 3 fair value measurements of our investments, as of September 30, 2023 (dollars in thousands):
   Fair Value   Valuation
Methodology		  Unobservable
Input		  Range
(Weighted Average)		  Impact to
Valuation
From
An Increase
In Input
Senior Secured First Lien Term Loans  $69,943   Income Approach  Market Yield  8.50% - 32.0% (13.78%)  Decrease
Senior Secured First Lien Term Loans   751   Market Approach  Revenue Multiple  0.3x - 0.3x (0.3x)  Increase
Senior Secured First Lien Term Loans   10,939   Market Approach  EBITDA Multiple  1.7x - 5.0x (3.1x)  Increase
Senior Secured First Lien Term Loans   866   Market Approach  LTM EBITDA Multiple  5.8x - 6.8x (6.3x)  Increase
Equity/Warrants   38,870   Cost Approach  Collateral Value  N/A  N/A
Equity/Warrants   11,734   Market Approach  LTM Multiple  5.8x – 6.8x (6.3x)  Increase
Equity/Warrants   22,007   Market Approach  EBITDA Multiple  1.8x – 36.8x (2.8x)  Increase
Equity/Warrants   10,000   Recent Purchase  Purchase Price  N/A – N/A (N/A)  N/A
Equity/Warrants   206   Income Approach  DLOM (Discount for lack of Marketability)  3.0x – 3.2x (3.1x)  Decrease
Total  $165,316