v3.25.1
Consolidated Statements of Assets and Liabilities - USD ($)
Mar. 31, 2025
Dec. 31, 2024
Assets:    
Non-controlled, non-affiliated investments, at fair value (amortized cost of $1,397,203,293 and $1,454,611,467, respectively) $ 1,334,314,263 $ 1,407,130,945
Cash and cash equivalents 2,872,420 2,766,409
Receivables:    
Receivable for sales of investments 14,162,616 7,799,523
Receivable for paydowns of investments 846,451 1,347,516
Due from investment adviser 462,835 248,110
Dividend receivable 200,827 259,625
Interest receivable 10,007,932 11,458,267
Prepaid expenses and other assets 62,378 32,364
Total Assets 1,362,929,722 1,431,042,759
Liabilities:    
Credit facilities (net of deferred financing costs of $4,985,647 and $5,375,986, respectively) (Note 6) 472,325,212 501,650,602
Notes (net of deferred financing costs of $1,714,449 and $1,748,822,) (Note 6) 302,126,552 302,505,057
Payables:    
Payable for investments purchased 54,828,596 67,460,523
Distributions payable 12,691,089 15,649,925
Management fee payable 2,333,675 2,413,798
Incentive fee payable 1,842,706 2,149,132
Accrued other general and administrative expenses 974,638 1,368,753
Total Liabilities 847,122,468 893,197,790
Commitments and contingencies (Note 9)
Net Assets:    
Common Shares, $0.001 par value; 450,000,000 shares authorized; 32,534,040 and 32,600,193 as of March 31,2025 and December 31,2024, respectively issued and outstanding issued and outstanding. 32,534 32,600
Additional paid-in capital 610,164,815 611,122,164
Total distributable earnings (accumulated deficit) (94,390,095) (73,309,795)
Total Net Assets 515,807,254 537,844,969
Total Liabilities and Net Assets $ 1,362,929,722 $ 1,431,042,759
Net Asset Value Per Common Share $ 15.85 $ 16.5