v3.25.2
Consolidated Statements of Operations - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
INVESTMENT INCOME:        
Total investment income $ 53,913 $ 58,978 $ 107,091 $ 117,077
EXPENSES:        
Management fees (see note 3) 7,760 7,875 15,273 15,757
Performance-based incentive fees (see note 3) 5,397 6,068 10,923 12,020
Interest and other credit facility expenses (see note 7) 16,742 18,179 32,582 36,367
Administrative services expense (see note 3) 1,503 1,376 2,864 2,752
Other general and administrative expenses 922 1,206 1,757 2,101
Total expenses 32,324 34,704 63,399 68,997
Performance-based incentive fees waived (see note 3) (20) (44) (22) (90)
Net expenses 32,304 34,660 63,377 68,907
Net investment income 21,609 24,318 43,714 48,170
REALIZED AND UNREALIZED GAIN (LOSS) ON INVESTMENTS AND CASH EQUIVALENTS:        
Net realized loss on investments and cash equivalents (companies less than 5% owned) 235 105 (187) 240
Net change in unrealized gain (loss) on investments and cash equivalents:        
Net change in unrealized gain (loss) on investments and cash equivalents 2,388 (1,195) 631 2,689
Net realized and unrealized gain (loss) on investments and cash equivalents 2,623 (1,090) 444 2,929
Net increase in net assets resulting from operations $ 24,232 $ 23,228 $ 44,158 $ 51,099
EARNINGS PER SHARE (see note 5), Basic $ 0.44 $ 0.43 $ 0.81 $ 0.94
EARNINGS PER SHARE (see note 5), Diluted $ 0.44 $ 0.43 $ 0.81 $ 0.94
Companies less than 5% owned [Member]        
INVESTMENT INCOME:        
Interest $ 29,162 $ 40,015 $ 58,336 $ 81,019
Other income 1,626 2,184 2,500 2,758
REALIZED AND UNREALIZED GAIN (LOSS) ON INVESTMENTS AND CASH EQUIVALENTS:        
Net realized loss on investments and cash equivalents (companies less than 5% owned) 235 105 (187) 240
Net change in unrealized gain (loss) on investments and cash equivalents:        
Net change in unrealized gain (loss) on investments and cash equivalents 1,401 63 (1,379) 3,547
Companies 5% to 25% owned [Member]        
INVESTMENT INCOME:        
Interest 1,243 856 2,467 1,687
Dividends 786 0 1,556 0
Net change in unrealized gain (loss) on investments and cash equivalents:        
Net change in unrealized gain (loss) on investments and cash equivalents 83 0 (1,944) 1
Companies more than 25% owned [Member]        
INVESTMENT INCOME:        
Interest 3,187 3,306 6,422 6,644
Dividends 17,800 12,482 35,596 24,709
Other income 109 135 214 260
Net change in unrealized gain (loss) on investments and cash equivalents:        
Net change in unrealized gain (loss) on investments and cash equivalents $ 904 $ (1,258) $ 3,954 $ (859)