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 |
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| Interest income | $ 25,973 | $ 4,520 | $ 47,165 | $ 7,175 | ||||
| Payment-in-kind interest income | 467 | 112 | 978 | 112 | ||||
| Other income | 266 | 249 | 482 | 445 | ||||
| Total Investment Income | $ 26,706 | $ 4,881 | $ 48,625 | $ 7,732 | ||||
| Investment, Issuer Affiliation [Extensible Enumeration] | Investment, Unaffiliated Issuer [Member] | Investment, Unaffiliated Issuer [Member] | Investment, Unaffiliated Issuer [Member] | Investment, Unaffiliated Issuer [Member] | ||||
| Expenses | ||||||||
| Interest and other debt expenses | $ 9,432 | $ 1,006 | $ 17,947 | $ 1,982 | ||||
| Management fees | 1,804 | 324 | 3,293 | 494 | ||||
| Investment income incentive fees | 1,310 | 0 | 2,313 | 0 | ||||
| Other general and administrative expenses | 693 | 453 | 1,561 | 765 | ||||
| Administrative service expenses | 764 | 512 | 1,548 | 1,024 | ||||
| Professional fees | 462 | 273 | 696 | 1,163 | ||||
| Capital gains incentive fees | 75 | 0 | 53 | 0 | ||||
| Offering costs | 0 | 395 | 0 | 788 | ||||
| Total expenses | 14,540 | 2,963 | 27,411 | 6,216 | ||||
| Less: Expense support (Note 3) | 0 | (270) | 0 | (1,726) | ||||
| Expense support recoupment (Note 3) | 450 | 0 | 450 | 0 | ||||
| Net expenses | 14,990 | 2,693 | 27,861 | 4,490 | ||||
| Net investment income before excise tax | 11,716 | 2,188 | 20,764 | 3,242 | ||||
| Excise tax expense | 21 | 0 | 71 | 0 | ||||
| Net investment income after excise tax | 11,695 | 2,188 | 20,693 | 3,242 | ||||
| Net change in unrealized appreciation (depreciation): | ||||||||
| Net change in unrealized appreciation (depreciation) | 745 | 23 | 528 | (198) | ||||
| Net realized and unrealized gain (loss) | 745 | 23 | 528 | (198) | ||||
| Net Increase (Decrease) in Net Assets Resulting from Operations | $ 12,440 | $ 2,211 | $ 21,221 | $ 3,044 | ||||
| Per share information - basic and diluted | ||||||||
| Net investment income (loss) per share (basic and diluted) | $ 0.63 | $ 0.38 | $ 1.25 | [1] | $ 0.73 | [1] | ||
| Earnings (loss) per share - Basic | 0.68 | 0.38 | 1.28 | 0.69 | ||||
| Earnings (loss) per share - Diluted | $ 0.68 | $ 0.38 | $ 1.28 | $ 0.69 | ||||
| Weighted average shares of common stock outstanding - Basic | 18,600,825 | 5,807,235 | 16,581,952 | 4,424,408 | ||||
| Weighted average shares of common stock outstanding - Diluted | 18,600,825 | 5,807,235 | 16,581,952 | 4,424,408 | ||||
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- Definition Capital gains incentive fees. No definition available.
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- Definition Expense support. No definition available.
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| X | ||||||||||
- Definition Amount of realized gain (loss) on investment in debt and equity securities. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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| X | ||||||||||
- Definition The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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| X | ||||||||||
- Definition The amount of net income (loss) for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The aggregate total of expenses of managing and administering the affairs of an entity, including affiliates of the reporting entity, which are not directly or indirectly associated with the manufacture, sale or creation of a product or product line. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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| X | ||||||||||
- Definition Amount, before investment expense, of income earned from investments in securities and real estate. Includes, but is not limited to, real estate investment, policy loans, dividends, and interest. Excludes realized gain (loss) on investments. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount of expense for incentive fee based on performance under arrangement to manage operations, including, but not limited to, investment. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Interest and debt related expenses associated with nonoperating financing activities of the entity. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Amount of operating interest income, including, but not limited to, amortization and accretion of premiums and discounts on securities. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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| X | ||||||||||
- Definition Amount of interest income from investment paid in kind, classified as operating. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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| X | ||||||||||
- Definition Amount, after reimbursement and fee waiver, of expense for generation of investment income classified as operating. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- References No definition available.
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| X | ||||||||||
- Definition Amount of expense reduction under arrangement in which third party explicitly reduces its fee by specified amount for service provided in exchange for use of investment company's assets. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- References No definition available.
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- Definition Per share or unit amount, after investment expense, of dividend and interest investment income (loss). Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of expenses related to the generation of investment income. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount, after expense and tax, of investment income classified as operating. Excludes realized and unrealized gain (loss) on investment. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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| X | ||||||||||
- Definition Amount of tax expense (benefit) on investment income classified as operating. Excludes realized and unrealized gain (loss) on investment. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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| X | ||||||||||
- Definition Indicates affiliation of issuer of investment. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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| X | ||||||||||
- Definition Amount of expense for investment management fee, including, but not limited to, expense in connection with research, selection, supervision, and custody of investment. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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| X | ||||||||||
- Definition Amount, after investment expense, of income earned from investments in securities and real estate. Includes, but is not limited to, real estate investment, policy loans, dividends, and interest. Excludes realized gain (loss) on investments. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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| X | ||||||||||
- Definition Includes offering costs of open-end investment companies, and closed-end funds with a continuous offering period. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of revenue and income classified as other. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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| X | ||||||||||
- Definition Amount of selling, general and administrative expense classified as other. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition A fee charged for services from professionals such as doctors, lawyers and accountants. The term is often expanded to include other professions, for example, pharmacists charging to maintain a medicinal profile of a client or customer. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount, before tax, of realized and unrealized gain (loss) on investment and derivative, classified as operating. Investment includes, but is not limited to, debt and equity securities, security sold short, real estate, and commodity. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- References No definition available.
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| X | ||||||||||
- Definition The average number of shares or units issued and outstanding that are used in calculating diluted EPS or earnings per unit (EPU), determined based on the timing of issuance of shares or units in the period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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| X | ||||||||||
- Definition Number of [basic] shares or units, after adjustment for contingently issuable shares or units and other shares or units not deemed outstanding, determined by relating the portion of time within a reporting period that common shares or units have been outstanding to the total time in that period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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