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:        
Dividend income from non-controlled/non-affiliated investments $ 1,411 $ 720 $ 2,398 $ 1,035
Interest income from cash and cash equivalents   1 1 1
Total interest and dividend income 69,381 70,096 138,786 133,553
Fee income 94 1,181 168 1,356
Total fee income 94 1,181 168 1,356
Total investment income $ 69,475 $ 71,277 $ 138,954 $ 134,909
Investment, Issuer Affiliation [Extensible Enumeration] Non-controlled/non-affiliated investments Non-controlled/non-affiliated investments Non-controlled/non-affiliated investments Non-controlled/non-affiliated investments
Operating expenses:        
Base management fees (Note 3) $ 8,661 $ 7,236 $ 16,998 $ 13,950
Incentive fees 5,152   10,368  
Interest and financing fees (Note 6) 24,273 23,258 48,373 44,510
Offering costs (Note 4) 11 13 23 32
Professional fees 2,070 1,862 4,220 3,558
Directors fees 92 92 184 184
Insurance expense 18 15 36 31
Total expenses 40,277 32,476 80,202 62,265
Net investment income (loss) 29,198 38,801 58,752 72,644
Net realized gains (losses):        
Non-controlled/non-affiliated/affiliated investments     1,342 410
Total net realized gains (losses) 1,023 (207) 1,342 410
Net change in unrealized appreciation (depreciation):        
Total net change in unrealized appreciation (depreciation) 2,891 (2,360) 3,059 4,432
Net increase (decrease) in net assets resulting from operations $ 33,112 $ 36,234 $ 63,153 $ 77,486
Per share information-basic and diluted:        
Net investment income (loss) basic $ 0.46 $ 0.71 $ 0.93 $ 1.39
Net investment income (loss) diluted 0.46 0.71 0.93 1.39
Net increase (decrease) in net assets resulting from operations basic 0.52 0.67 1 1.48
Net increase (decrease) in net assets resulting from operations diluted $ 0.52 $ 0.67 $ 1 $ 1.48
Weighted average shares outstanding basic 63,498,105 54,418,817 63,278,474 52,443,120
Weighted average shares outstanding diluted 63,498,105 54,418,817 63,278,474 52,443,120
Non-controlled/non-affiliated investments        
Investment income:        
Interest income from non-controlled/non-affiliated investments $ 67,970 $ 69,375 $ 136,387 $ 132,517
Dividend income from non-controlled/non-affiliated investments 1,411 720 2,398 1,035
Net realized gains (losses):        
Non-controlled/non-affiliated/affiliated investments 1,023 (207) 1,342 410
Net change in unrealized appreciation (depreciation):        
Non-controlled/non-affiliated investments $ 2,891 $ (2,360) $ 3,059 $ 4,432