v3.25.2
Consolidated Statements of Income - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Net interest income        
Interest income net of amortization/accretion $ 19,652 $ 18,673 $ 36,667 $ 35,324
Interest expense (10,668) (9,528) (20,452) (17,922)
Net interest income 8,984 9,145 16,215 17,402
Provision for credit losses (371) (8) (385) (3,173)
Net interest income after provision for credit losses 8,613 9,137 15,830 14,229
Operating Expenses:        
Management fees (see Note 9) 1,203 1,046 2,424 2,079
Incentive fees (see Note 9) 502 673 672 1,422
Professional fees 320 369 622 639
Administration and custodian fees 480 562 923 810
Other expenses 2 3 13 5
Total operating expenses 2,507 2,653 4,654 4,955
Other Income:        
Reimbursement - Investment Manager (see Note 9) 0 317 0 213
Impairment from equity method investments (507) 0 (507) 0
Income (loss) from equity method investments (235) 951 (916) 1,664
Other income 655 306 1,336 898
Total other income (87) 1,574 (87) 2,775
Net Income $ 6,019 $ 8,058 $ 11,089 $ 12,049
Net income per unit, Basic $ 0.17 $ 0.26 $ 0.31 $ 0.4
Net income per unit, Diluted $ 0.17 $ 0.26 $ 0.31 $ 0.4
Weighted average units outstanding, Basic 36,516,880 30,524,544 36,458,237 30,366,091
Weighted average units outstanding, Diluted 36,516,880 30,524,544 36,458,237 30,366,091