Consolidated Balance Sheets - USD ($) $ in Thousands |
Mar. 31, 2024 |
Dec. 31, 2023 |
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ASSETS | ||||||||||||||||||||
Investments at fair value: | $ 1,115,982 | [1] | $ 1,092,895 | [2] | ||||||||||||||||
Cash and cash equivalents | 24,648 | 30,786 | ||||||||||||||||||
Interest and dividend receivable | 11,824 | 10,541 | ||||||||||||||||||
Receivable for securities sold | 624 | 171 | ||||||||||||||||||
Deferred financing costs (net of accumulated amortization of $4,865 and $4,168 as of March 31, 2024 and December 31, 2023, respectively) | 2,718 | 3,416 | ||||||||||||||||||
Prepaids and other assets | 2,787 | 2,091 | ||||||||||||||||||
Total assets | 1,158,583 | 1,139,900 | ||||||||||||||||||
LIABILITIES | ||||||||||||||||||||
Debt | 503,917 | 484,843 | ||||||||||||||||||
Accounts payable and other liabilities | 378 | 255 | ||||||||||||||||||
Payable for securities purchased | 0 | 206 | ||||||||||||||||||
Interest payable | 8,411 | 6,266 | ||||||||||||||||||
Dividend payable | 14,821 | 14,019 | ||||||||||||||||||
Management and incentive fees payable | 8,665 | 8,745 | ||||||||||||||||||
Deferred tax liability, net | 3,870 | 3,259 | ||||||||||||||||||
Total liabilities | 540,062 | 517,593 | ||||||||||||||||||
Commitments and contingencies (Note I) | ||||||||||||||||||||
NET ASSETS | ||||||||||||||||||||
Common stock, $0.001 par value per share (450,000,000 shares authorized; 80,112,588 and 80,108,865 shares issued and outstanding as of March 31, 2024 and December 31, 2023, respectively) | 80 | 80 | ||||||||||||||||||
Additional paid‑in capital | 686,582 | 686,136 | ||||||||||||||||||
Total overdistributed earnings | (68,141) | (63,909) | ||||||||||||||||||
Total net assets | 618,521 | 622,307 | ||||||||||||||||||
Total liabilities and net assets | $ 1,158,583 | $ 1,139,900 | ||||||||||||||||||
NET ASSET VALUE PER SHARE (in dollars per share) | $ 7.72 | $ 7.77 | ||||||||||||||||||
Line of Credit | Revolving Credit Facility | ||||||||||||||||||||
LIABILITIES | ||||||||||||||||||||
Debt | $ 354,688 | $ 335,688 | ||||||||||||||||||
Unsecured Debt | Series A Notes due 2026 | ||||||||||||||||||||
LIABILITIES | ||||||||||||||||||||
Debt | 149,229 | 149,155 | ||||||||||||||||||
Control investments | ||||||||||||||||||||
ASSETS | ||||||||||||||||||||
Investments at fair value: | 53,644 | [1],[3] | 53,644 | [2],[4] | ||||||||||||||||
Affiliate investments | ||||||||||||||||||||
ASSETS | ||||||||||||||||||||
Investments at fair value: | 289,329 | [1],[5] | 291,279 | [2],[6] | ||||||||||||||||
Non‑Control/Non‑Affiliate investments | ||||||||||||||||||||
ASSETS | ||||||||||||||||||||
Investments at fair value: | $ 773,009 | [1],[7] | $ 747,972 | [2],[8] | ||||||||||||||||
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- Definition Interest and Dividend Receivable No definition available.
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- Definition Management and Incentive Fees Payable No definition available.
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- Definition Amount of liabilities incurred and payable to vendors for goods and services received, and accrued liabilities classified as other. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of excess of issue price over par or stated value of stock and from other transaction involving stock or stockholder. Includes, but is not limited to, additional paid-in capital (APIC) for common and preferred stock. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Sum of the carrying amounts as of the balance sheet date of all assets that are recognized. Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- References No definition available.
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- Definition Amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Excludes cash and cash equivalents within disposal group and discontinued operation. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Represents the caption on the face of the balance sheet to indicate that the entity has entered into (1) purchase or supply arrangements that will require expending a portion of its resources to meet the terms thereof, and (2) is exposed to potential losses or, less frequently, gains, arising from (a) possible claims against a company's resources due to future performance under contract terms, and (b) possible losses or likely gains from uncertainties that will ultimately be resolved when one or more future events that are deemed likely to occur do occur or fail to occur. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Aggregate par or stated value of issued nonredeemable common stock (or common stock redeemable solely at the option of the issuer). This item includes treasury stock repurchased by the entity. Note: elements for number of nonredeemable common shares, par value and other disclosure concepts are in another section within stockholders' equity. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount, after accumulated amortization, of debt issuance costs. Includes, but is not limited to, legal, accounting, underwriting, printing, and registration costs. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount, after deferred tax asset, of deferred tax liability attributable to taxable differences with jurisdictional netting. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Carrying value as of the balance sheet date of dividends declared but unpaid on equity securities issued by the entity and outstanding. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of interest payable on debt, including, but not limited to, trade payables. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Fair value of investment in security owned. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Sum of the carrying amounts as of the balance sheet date of all liabilities that are recognized. Liabilities are probable future sacrifices of economic benefits arising from present obligations of an entity to transfer assets or provide services to other entities in the future. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- References No definition available.
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- Definition Amount of liabilities and equity items, including the portion of equity attributable to noncontrolling interests, if any. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount, after deduction of unamortized premium (discount) and debt issuance cost, of long-term debt. Excludes lease obligation. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Net asset value per share or per unit of investments in certain entities that calculate net asset value per share. Includes, but is not limited to, by unit, membership interest, or other ownership interest. Investment includes, but is not limited to, investment in certain hedge funds, venture capital funds, private equity funds, real estate partnerships or funds. Excludes fair value disclosure. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of payable for purchase of investment. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount of asset related to consideration paid in advance for costs that provide economic benefits in future periods, and amount of other assets. No definition available.
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- Definition Amount of receivable from sale of investment. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount of accumulated undistributed earnings (deficit). Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount of equity (deficit) attributable to parent. Excludes temporary equity and equity attributable to noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- References No definition available.
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