v3.25.2
Investments - SLF Balance Sheet (Details) - USD ($)
$ in Thousands
Jun. 30, 2025
Dec. 31, 2024
Assets    
Investments, at fair value $ 367,700 [1],[2] $ 457,048 [3],[4],[5]
Cash and cash equivalents 2,425 9,044
Other assets 1,031 1,068
Total assets 394,617 490,671
Liabilities    
Revolving credit facility 210,300 293,900
Less: Unamortized debt issuance costs (1,722) (1,925)
Total debt, less unamortized debt issuance costs 208,578 291,975
Interest payable 2,768 2,903
Accounts payable and accrued expenses 1,937 2,066
Total liabilities 215,025 298,909
Members’ capital 179,592 191,762
Total liabilities and total net assets 394,617 490,671
MRCC Senior Loan Fund I, LLC    
Assets    
Investments, at fair value 67,486 97,951
Cash and cash equivalents 1,102 1,488
Restricted cash and cash equivalents 6,194 3,673
Interest receivable 1,097 1,047
Other assets 20 0
Total assets 75,899 104,159
Liabilities    
Revolving credit facility 15,242 38,214
Less: Unamortized debt issuance costs 0 0
Total debt, less unamortized debt issuance costs 15,242 38,214
Interest payable 86 272
Accounts payable and accrued expenses 256 212
Total liabilities 15,584 38,698
Members’ capital 60,315 65,461
Total liabilities and total net assets $ 75,899 $ 104,159
[1] All of the Company’s investments are issued by eligible portfolio companies, as defined in the Investment Company Act of 1940 (the “1940 Act”), unless otherwise noted. All of the Company’s investments are issued by U.S. portfolio companies unless otherwise noted.
[2] Because there is no readily available market value for these investments, the fair value of these investments is determined in good faith using significant unobservable inputs by the Valuation Designee. (See Note 4 in the accompanying notes to the consolidated financial statements).
[3] All of the Company’s investments are issued by eligible portfolio companies, as defined in the Investment Company Act of 1940 (the “1940 Act”), unless otherwise noted. All of the Company’s investments are issued by U.S. portfolio companies unless otherwise noted.
[4] As defined in the 1940 Act, the Company is deemed to be both an “Affiliated Person” of and to “Control” this portfolio company as it owns more than 25% of the portfolio company’s voting securities. See Note 5 in the accompanying notes to the consolidated financial statements for additional information on transactions in which the issuer was both an Affiliated Person and a portfolio company that the Company is deemed to Control.
[5] Because there is no readily available market value for these investments, the fair value of these investments is determined in good faith using significant unobservable inputs by the Valuation Designee. (See Note 4 in the accompanying notes to the consolidated financial statements)