The promissory notes are reported at amortized cost and are reflected within notes payable on the Company’s Consolidated Statements of Assets and Liabilities. The promissory notes pay interest on the principal balances at a rate of 12% per annum, payable semi-annually in arrears. However, the Company intends to repay the promissory notes prior to the legal maturity and is currently amortizing upfront costs associated with the promissory notes over a period of three years. Amortized amounts are included within general and administration expenses on the Company’s Consolidated Statements of Operations.