| Schedule of Error Corrections and Prior Period Adjustments |
The impact of the adjustments on the Consolidated Statement of Operations for each of the three months ended March 31, 2024, June 30, 2024 and March 31, 2025 are as follows:
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Three Months Ended
March 31, 2024 |
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As Previously Reported |
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Adjustments |
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As Revised |
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(in thousands, except per share amounts) |
| Net investment income before taxes |
$ |
14,546 |
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$ |
— |
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$ |
14,546 |
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Excise tax expense |
— |
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(76) |
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(76) |
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Federal and state income and other tax expenses |
— |
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(482) |
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(482) |
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| Net investment income |
14,546 |
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(558) |
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13,988 |
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| Net investment income per share |
$ |
0.36 |
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$ |
(0.01) |
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$ |
0.35 |
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| Income tax benefit (provision) on net realized gain (loss) and net unrealized appreciation (depreciation) |
$ |
— |
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$ |
(382) |
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$ |
(382) |
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| Total income tax (provision) benefit |
$ |
(940) |
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$ |
940 |
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$ |
— |
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Three Months Ended
June 30, 2024 |
|
As Previously Reported |
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Adjustments |
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As Revised |
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(in thousands, except per share amounts) |
| Net investment income before taxes |
$ |
14,365 |
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$ |
— |
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$ |
14,365 |
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Excise tax expense |
— |
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(4) |
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(4) |
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Federal and state income and other tax expenses |
— |
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(942) |
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(942) |
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| Net investment income |
14,365 |
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(946) |
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13,419 |
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| Net investment income per share |
$ |
0.36 |
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$ |
(0.03) |
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$ |
0.33 |
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| Income tax benefit (provision) on net realized gain (loss) and net unrealized appreciation (depreciation) |
$ |
— |
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$ |
(1,830) |
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$ |
(1,830) |
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| Total income tax (provision) benefit |
$ |
(2,776) |
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$ |
2,776 |
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$ |
— |
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Three Months Ended
March 31, 2025 |
|
As Previously Reported |
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Adjustments |
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As Revised |
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(in thousands, except per share amounts) |
| Net investment income before taxes |
$ |
16,788 |
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$ |
— |
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$ |
16,788 |
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| Excise tax expense |
— |
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(192) |
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(192) |
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| Federal and state income and other tax expenses |
— |
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(850) |
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(850) |
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| Net investment income |
16,788 |
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(1,042) |
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15,746 |
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| Net investment income per share |
$ |
0.38 |
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$ |
(0.03) |
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$ |
0.35 |
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| Income tax benefit (provision) on net realized gain (loss) and net unrealized appreciation (depreciation) |
$ |
— |
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$ |
2,412 |
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$ |
2,412 |
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| Total income tax (provision) benefit |
$ |
1,370 |
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$ |
(1,370) |
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$ |
— |
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