RELATED PARTY TRANSACTIONS (Tables)

12 Months Ended

Dec. 31, 2024

RELATED PARTY TRANSACTIONS

Schedule of management fee expenses

The following table details our management fee expenses for the years ended December 31, 2024, 2023 and 2022:


			Year ended December 31,
Management Fees ($ in thousands)			2024			2023			2022
Base management fees		$	12,127		$	14,684		$	15,600
Total management fees		$	12,127		$	14,684		$	15,600

Schedule of performance-based incentive fees

The following table provides a breakdown of the performance-based incentive fees for the years ended December 31, 2024, 2023 and 2022:


			Year ended December 31,
Performance-based Incentive Fees ($ in thousands)			2024			2023			2022
Income incentive fee		$	9,309		$	10,678		$	8,862
Capital gains incentive fee			—			—			(1,803)
Total performance-based incentive fees		$	9,309		$	10,678		$	7,059