v3.25.2
Consolidated Statements of Assets and Liabilities - USD ($)
Jun. 30, 2025
Dec. 31, 2024
Assets:    
Non-controlled, non-affiliated investments, at fair value (amortized cost of $1,343,608,252 and $1,454,611,467, respectively) $ 1,279,792,804 $ 1,407,130,945
Cash and cash equivalents 16,436,424 2,766,409
Receivables:    
Receivable for sales of investments 7,976,832 7,799,523
Receivable for paydowns of investments 210,613 1,347,516
Due from investment adviser 612,835 248,110
Dividend receivable 151,414 259,625
Interest receivable 9,594,413 11,458,267
Prepaid expenses and other assets 39,191 32,364
Total Assets 1,314,814,526 1,431,042,759
Liabilities:    
Credit facilities (net of deferred financing costs of $4,590,971 and $5,375,986, respectively) (Note 6) 461,058,406 501,650,602
Notes (net of deferred financing costs of $1,679,694 and $1,748,822,respectively) (Note 6) 302,159,021 302,505,057
Payables:    
Payable for investments purchased 27,433,917 67,460,523
Distributions payable 13,533,770 15,649,925
Management fee payable 2,233,077 2,413,798
Incentive fee payable 1,940,079 2,149,132
Accrued other general and administrative expenses 1,242,816 1,368,753
Total Liabilities 809,601,086 893,197,790
Commitments and contingencies (Note 9)
Net Assets:    
Common Shares, $0.001 par value; 450,000,000 shares authorized; 32,218,966 and 32,600,193 as of June 30, 2025 and December 31,2024, respectively issued and outstanding issued and outstanding. 32,219 32,600
Additional paid-in capital 605,935,110 611,122,164
Total distributable earnings (accumulated deficit) (100,753,889) (73,309,795)
Total Net Assets 505,213,440 537,844,969
Total Liabilities and Net Assets $ 1,314,814,526 $ 1,431,042,759
Net Asset Value Per Common Share $ 15.68 $ 16.5