$ 642,213

$ 696,168

First lien secured loans

Second lien secured loans

502,693

553,085

Subordinated unsecured loans

8,342

19,039

1,175

167

Subordinated Notes

Subordinated Note to STRS JV

1,175

167

84,416

Level 3

Level 3 | First lien secured loans

619,472

673,386

Level 3 | First lien secured loans | Market Quote

502,693

553,085

Level 3 | First lien secured loans | Market Quote | Minimum

$ 9,453

Level 3 | First lien secured loans | Market Quote | Maximum

0.968

Level 3 | First lien secured loans | Market Quote | Weighted average

0.968

Level 3 | First lien secured loans | Discounted cash flows

0.968

Level 3 | First lien secured loans | Discounted cash flows | Discount rate | Minimum

$ 439,577

$ 507,946

Level 3 | First lien secured loans | Discounted cash flows | Discount rate | Maximum

0.077

0.110

Level 3 | First lien secured loans | Discounted cash flows | Discount rate | Weighted average

0.268

0.303

Level 3 | First lien secured loans | Option pricing model

0.131

0.139

Level 3 | First lien secured loans | Option pricing model | Volatility | Minimum

$ 74

$ 646

Level 3 | First lien secured loans | Option pricing model | Volatility | Maximum

0.160

0.172

Level 3 | First lien secured loans | Option pricing model | Volatility | Weighted average

0.160

0.172

Level 3 | First lien secured loans | Recent transaction

0.160

0.172

Level 3 | First lien secured loans | Recent transaction | Transaction price | Minimum

$ 19,554

$ 34,016

Level 3 | First lien secured loans | Recent transaction | Transaction price | Maximum

0.980

0.890

Level 3 | First lien secured loans | Recent transaction | Transaction price | Weighted average

1.000

0.988

Level 3 | First lien secured loans | Expected repayment

0.985

96.2

Level 3 | First lien secured loans | Expected repayment | Transaction price | Minimum

$ 9,104

Level 3 | First lien secured loans | Expected repayment | Transaction price | Maximum

1.030

Level 3 | First lien secured loans | Expected repayment | Transaction price | Weighted average

1.030

Level 3 | First lien secured loans | Enterprise value analysis

1.030

Level 3 | First lien secured loans | Enterprise value analysis | EBITDA Multiple Range

$ 10,477

Level 3 | First lien secured loans | Enterprise value analysis | EBITDA Multiple Range | Minimum

$ 22,923

Level 3 | First lien secured loans | Enterprise value analysis | EBITDA Multiple Range | Maximum

0.058

0.086

Level 3 | First lien secured loans | Enterprise value analysis | EBITDA Multiple Range | Weighted average

0.080

0.086

Level 3 | First lien secured loans | Enterprise value analysis | Revenue Multiple

0.069

0.086

Level 3 | First lien secured loans | Enterprise value analysis | Revenue Multiple | Minimum

$ 1,635

Level 3 | First lien secured loans | Enterprise value analysis | Revenue Multiple | Maximum

0.014

Level 3 | First lien secured loans | Enterprise value analysis | Revenue Multiple | Weighted average

0.014

Level 3 | First lien secured loans | Collateral value

0.014

Level 3 | First lien secured loans | Collateral value | Recovery Rate | Minimum

$ 373

Level 3 | First lien secured loans | Collateral value | Recovery Rate | Maximum

0.000

Level 3 | First lien secured loans | Collateral value | Recovery Rate | Weighted average

0.150

Level 3 | Second lien secured loans

0.150

Level 3 | Second lien secured loans | Discounted cash flows

$ 8,342

$ 19,039

Level 3 | Second lien secured loans | Discounted cash flows | Discount rate | Minimum

$ 8,342

$ 17,438

Level 3 | Second lien secured loans | Discounted cash flows | Discount rate | Maximum

0.117

0.114

Level 3 | Second lien secured loans | Discounted cash flows | Discount rate | Weighted average

0.125

0.240

Level 3 | Second lien secured loans | Enterprise value analysis

0.120

0.188

Level 3 | Second lien secured loans | Enterprise value analysis | EBITDA Multiple Range | Minimum

$ 1,601

Level 3 | Second lien secured loans | Enterprise value analysis | EBITDA Multiple Range | Maximum

0.063

Level 3 | Second lien secured loans | Enterprise value analysis | EBITDA Multiple Range | Weighted average

0.063

Level 3 | Subordinated unsecured loans

0.063

Level 3 | Subordinated unsecured loans | Discounted cash flows

$ 1,175

$ 167

Level 3 | Subordinated unsecured loans | Discounted cash flows | Discount rate | Weighted average

$ 1,175

Level 3 | Subordinated unsecured loans | Discounted cash flows | EBITDA Multiple Range | Minimum

0.126

Level 3 | Subordinated unsecured loans | Discounted cash flows | EBITDA Multiple Range | Maximum

0.123

Level 3 | Subordinated unsecured loans | Enterprise value analysis

0.129

Level 3 | Subordinated unsecured loans | Enterprise value analysis | EBITDA Multiple Range | Minimum

$ 167

Level 3 | Subordinated unsecured loans | Enterprise value analysis | EBITDA Multiple Range | Maximum

0.071

Level 3 | Subordinated unsecured loans | Enterprise value analysis | EBITDA Multiple Range | Weighted average

0.071

Level 3 | Subordinated Note to STRS JV

0.071

Level 3 | Subordinated Note to STRS JV | Enterprise value analysis

$ 84,416

Level 3 | Preferred Equity | Discounted cash flows

84,416

Level 3 | Preferred Equity | Discounted cash flows | Discount rate | Minimum

$ 2,916

$ 832

Level 3 | Preferred Equity | Discounted cash flows | Discount rate | Maximum

0.299

Level 3 | Preferred Equity | Discounted cash flows | Discount rate | Weighted average

0.303

Level 3 | Preferred Equity | Enterprise value analysis

0.299

Level 3 | Preferred Equity | Enterprise value analysis | EBITDA Multiple Range | Minimum

$ 1,511

Level 3 | Preferred Equity | Enterprise value analysis | EBITDA Multiple Range | Maximum

0.065

0.060

Level 3 | Preferred Equity | Enterprise value analysis | EBITDA Multiple Range | Weighted average

0.121

0.105

Level 3 | Common Equity | Discounted cash flows

0.075

0.067

Level 3 | Common Equity | Discounted cash flows | Discount rate | Minimum

$ 3,175

Level 3 | Common Equity | Discounted cash flows | Discount rate | Maximum

0.147

Level 3 | Common Equity | Discounted cash flows | Discount rate | Weighted average

0.303

Level 3 | Common Equity | Recent transaction

0.166

Level 3 | Common Equity | Recent transaction | Transaction price | Minimum

$ 709

Level 3 | Common Equity | Recent transaction | Transaction price | Maximum

0.010

Level 3 | Common Equity | Recent transaction | Transaction price | Weighted average

0.010

Level 3 | Common Equity | Enterprise value analysis

0.010

Level 3 | Common Equity | Enterprise value analysis | EBITDA Multiple Range

$ 6,927

Level 3 | Common Equity | Enterprise value analysis | EBITDA Multiple Range | Minimum

$ 10,728

Level 3 | Common Equity | Enterprise value analysis | EBITDA Multiple Range | Maximum

0.053

0.055

Level 3 | Common Equity | Enterprise value analysis | EBITDA Multiple Range | Weighted average

0.137

0.132

Level 3 | Common Equity | Enterprise value analysis | Revenue Multiple

0.098

0.088

Level 3 | Common Equity | Enterprise value analysis | Revenue Multiple | Minimum

$ 9,132

Level 3 | Common Equity | Enterprise value analysis | Revenue Multiple | Maximum

0.014

Level 3 | Common Equity | Enterprise value analysis | Revenue Multiple | Weighted average

0.020

Level 3 | Warrant | Discounted cash flows

0.020

Level 3 | Warrant | Discounted cash flows | Discount rate | Minimum

$ 70

$ 3,525

Level 3 | Warrant | Discounted cash flows | Discount rate | Maximum

0.055

0.262

Level 3 | Warrant | Discounted cash flows | Discount rate | Weighted average

0.055

0.302

Level 3 | Warrant | Enterprise value analysis | EBITDA Multiple Range | Weighted average

0.263