Quarterly report [Sections 13 or 15(d)]

ORGANIZATION AND BASIS OF PRESENTATION (Tables)

v3.25.3
ORGANIZATION AND BASIS OF PRESENTATION (Tables)
 9 Months Ended
Sep. 30, 2025
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Schedule of Error Corrections and Prior Period Adjustments The impact of the adjustments on the Consolidated Statement of Operations for the three and nine months ended September 30, 2024 is as follows:
Three Months Ended
September 30, 2024
As Previously Reported Adjustments As Revised
(in thousands, except per share amounts)
Net investment income before taxes $ 14,182  $ —  $ 14,182 
Excise tax benefit (expense) —  (491) (491)
Federal and state income and other tax expenses
 —  (775) (775)
Net investment income 14,182  (1,266) 12,916 
Net investment income per share $ 0.35  $ (0.03) $ 0.32 
Income tax benefit (provision) on net realized gain (loss) and net unrealized appreciation (depreciation) $ —  $ (1,168) $ (1,168)
Total income tax (provision) benefit $ (2,434) $ 2,434  $ — 
Nine Months Ended
September 30, 2024
As Previously Reported Adjustments As Revised
(in thousands, except per share amounts)
Net investment income before taxes $ 43,093  $ —  $ 43,093 
Excise tax benefit (expense) —  (570) (570)
Federal and state income and other tax expenses —  (2,201) (2,201)
Net investment income 43,093  (2,771) 40,322 
Net investment income per share $ 1.07  $ (0.07) $ 1.00 
Income tax benefit (provision) on net realized gain (loss) and net unrealized appreciation (depreciation) $ —  $ (3,379) $ (3,379)
Total income tax (provision) benefit $ (6,150) $ 6,150  $ —