v3.25.4
Note 6 - Fair Value - Reconciliation of Level 3 Assets Measured on a Recurring Basis (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Balance $ 695,465 $ 706,858
Purchase of investments 223,819 182,364
Warrants and equity received and classified as Level 3 6,996 2,127
Principal payments received on investments (234,454) (146,360)
PIK interest on investments 2,349 3,261
Proceeds from sale of investments (6,031) (302)
Net realized (loss) gain on investments (54,801) (34,424)
Unrealized appreciation (depreciation) included in earnings 10,191 (18,986)
Transfer out of Level 3 (2,617) (192)
Transfer out of debt investments 0 0
Other 423 1,119
Balance 641,340 695,465
Debt [Member]    
Balance 638,779 670,172
Purchase of investments 216,309 178,772
Warrants and equity received and classified as Level 3 0 0
Principal payments received on investments (231,280) (146,245)
PIK interest on investments 2,349 3,261
Proceeds from sale of investments (5) (156)
Net realized (loss) gain on investments (29,980) (34,852)
Unrealized appreciation (depreciation) included in earnings 15,818 21
Transfer out of Level 3 0 0
Transfer out of debt investments (16,388) (33,313)
Other 423 1,119
Balance 596,025 638,779
Warrant [Member]    
Balance 16,438 22,975
Purchase of investments 750 0
Warrants and equity received and classified as Level 3 578 2,127
Principal payments received on investments 0 0
PIK interest on investments 0 0
Proceeds from sale of investments (4,016) (106)
Net realized (loss) gain on investments 4,255 388
Unrealized appreciation (depreciation) included in earnings (672) (5,970)
Transfer out of Level 3 (2,601) (192)
Transfer out of debt investments 0 (2,784)
Other 0 0
Balance 14,732 16,438
Equity Securities [Member]    
Balance 25,611 7,281
Purchase of investments 5,961 3,137
Warrants and equity received and classified as Level 3 6,418 0
Principal payments received on investments 0 0
PIK interest on investments 0 0
Proceeds from sale of investments (846) 0
Net realized (loss) gain on investments (20,532) 0
Unrealized appreciation (depreciation) included in earnings (2,320) (3,169)
Transfer out of Level 3 0 0
Transfer out of debt investments 12,847 18,362
Other 0 0
Balance 27,139 25,611
Other Investments [Member]    
Balance 14,637 6,430
Purchase of investments 799 455
Warrants and equity received and classified as Level 3 0 0
Principal payments received on investments (3,174) (115)
PIK interest on investments 0 0
Proceeds from sale of investments (1,164) (40)
Net realized (loss) gain on investments (8,544) 40
Unrealized appreciation (depreciation) included in earnings (2,635) (9,868)
Transfer out of Level 3 (16) 0
Transfer out of debt investments 3,541 17,735
Other 0 0
Balance $ 3,444 $ 14,637