v3.25.1
CONSOLIDATED STATEMENTS OF ASSETS AND LIABILITIES - USD ($)
$ in Thousands
Mar. 31, 2025
Dec. 31, 2024
Assets    
Investments at fair value (amortized cost of $719,798 and $713,732, respectively) $ 682,012 $ 676,249
Cash and cash equivalents 34,672 45,899
Restricted cash 7,038 32,828
Deferred credit facility costs 3,500 3,904
Prepaid expenses and other assets 7,615 4,160
Total assets 734,837 763,040
Liabilities    
Revolving Credit Facility 5,000 5,000
Base management fee payable 3,326 3,408
Income incentive fee payable 0 0
Other accrued expenses and liabilities 6,155 15,118
Total liabilities 387,869 417,353
Commitments and Contingencies (Note 7)
Net assets    
Preferred stock, par value $0.01 per share (50,000 shares authorized; no shares issued and outstanding, respectively) 0 0
Common stock, par value $0.01 per share 402 401
Paid-in capital in excess of par value 514,351 513,719
Total distributable earnings (loss) (167,785) (168,433)
Total net assets 346,968 345,687
Total liabilities and net assets $ 734,837 $ 763,040
Shares of common stock outstanding (par value $0.01 per share and 450,000 authorized) 40,232,829 40,137,371
Net asset value per share $ 8.62 $ 8.61
2025 Notes, net    
Liabilities    
Notes, net $ 0 $ 69,948
2026 Notes, net    
Liabilities    
Notes, net 199,594 199,483
2027 Notes, net    
Liabilities    
Notes, net 124,466 124,396
2028 Notes, net    
Liabilities    
Notes, net $ 49,328 $ 0