v3.25.1
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Investment income    
Interest income from investments $ 17,829 $ 24,740
Payment-in-kind interest income 3,756 3,787
Other income    
Expirations/terminations of unfunded commitments 423 294
Other fees 446 452
Total investment and other income 22,454 29,273
Operating expenses    
Base management fee 3,326 4,302
Income incentive fee 0 0
Interest expense and amortization of fees 6,372 7,011
Administration Agreement expenses 602 611
General and administrative expenses 1,416 1,826
Total operating expenses 11,716 13,750
Net investment income 10,738 15,523
Net realized and unrealized gains/(losses)    
Net realized gains (losses) on investments 2,254 (8,807)
Net change in unrealized gains (losses) on investments (303) 1,263
Net realized and unrealized gains/(losses) 1,951 (7,544)
Net increase (decrease) in net assets resulting from operations $ 12,689 $ 7,979
Per share information (basic and diluted)    
Net investment income per share, Basic (in dollars per share) $ 0.27 $ 0.41
Net investment income per share, Diluted (in dollars per share) 0.27 0.41
Net increase (decrease) in net assets per share (in dollars per share) $ 0.32 $ 0.21
Weighted average shares of common stock outstanding, Basic (in shares) 40,138 37,649
Weighted average shares of common stock outstanding, Diluted (in shares) 40,138 37,649
Regular distributions declared per share (in dollars per share) $ 0.30 $ 0.40