v3.25.2
Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Interest income paid-in-kind     $ 2,866 $ 11,546
Total investment income $ 5,868 $ 8,941 9,030 21,600
Interest and credit facility expenses 1,594 1,785 3,142 3,464
Interest expense on repurchase transactions 1,080 1,699 2,178 3,434
Management fees 796 889 1,653 1,762
Administrative fees 111 125 221 253
Professional fees 133 199 221 332
Directors’ fees 90 89 158 157
Other expenses 25 43 80 73
Total expenses 3,829 4,829 7,653 9,475
Expenses waived by the Adviser (796) (889) (1,653) (1,762)
Net expenses 3,033 3,940 6,000 7,713
Net investment income 2,835 5,001 3,030 13,887
Net realized loss     (32,894) 0
Net change in unrealized appreciation/(depreciation)     27,918 (47,910)
Net realized gain on short-term investments 985 1,456 2,033 3,063
Net realized and unrealized loss on investments (11,532) (34,474) (2,943) (44,847)
Net (decrease) increase in Members' Capital from operations $ (8,697) $ (29,473) $ 87 $ (30,960)
(Loss) income per unit ,basic $ (0.48) $ (1.63) $ 0 $ (1.72)
(Loss) income per unit , diluted $ (0.48) $ (1.63) $ 0 $ (1.72)
Units outstanding, basic 18,034,649 18,034,649 18,034,649 18,034,649
Units outstanding, diluted 18,034,649 18,034,649 18,034,649 18,034,649
Non-controlled/non-affiliated investments        
Interest income $ 957 $ 1,506 $ 1,833 $ 3,742
Interest income paid-in-kind 26 3,799 72 7,355
Other fee income 26 7 26 7
Net change in unrealized appreciation/(depreciation) 536 (5,200) 894 (5,495)
Non-Controlled Affiliated Investments        
Interest income 0 (256) 6 (50)
Interest income paid-in-kind 0 29 30 29
Other fee income 0 13 0 13
Net realized loss 0 0 (32,894) 0
Net change in unrealized appreciation/(depreciation) 0 (3,790) 29,467 (5,258)
Controlled Affiliated Investments        
Interest income 980 280 1,739 1,486
Interest income paid-in-kind 1,319 1,027 2,764 4,162
Dividend income 2,560 2,476 2,560 4,796
Other fee income 0 60 0 60
Net change in unrealized appreciation/(depreciation) $ (13,053) $ (26,940) $ (2,443) $ (37,157)