
	For the Years Ended December 31,
	2025			2024			2023			2022			2021
Per share data:
Net asset value at beginning of year	$	8.85		$	9.40		$	10.39		$	11.51		$	11.00
Net investment income (1)	0.53			1.13			1.07			1.02			1.03
Net gain (loss) (1)	(0.77)			(0.68)			(1.05)			(1.15)			0.48
Net increase (decrease) in net assets resulting from operations (1)	(0.24)			0.45			0.02			(0.13)			1.51
Stockholder distributions – income	(0.93)			(1.00)			(1.00)			(1.00)			(1.00)
Stockholder distributions – capital gains	—			—			—			—			—
Stockholder distributions – return of capital	—			—			—			—			—
Effect of share issuance above (below) NAV (2)	—			—			—			—			—
Effect of share repurchases (2)	—			—			—			—			—
Other (2)	—			—			(0.01)			0.01			—
Net asset value at end of year	$	7.68		$	8.85		$	9.40		$	10.39		$	11.51
Net assets at end of year	$	166,490		$	191,762		$	203,724		$	225,019		$	249,471
Shares outstanding at end of year	21,666,340			21,666,340			21,666,340			21,666,340			21,666,340
Per share market value at end of year	$	6.37		$	8.50		$	7.07		$	8.54		$	11.22
Total return based on market value (3)	(14.58)		%	36.09		%	(6.85)		%	(15.20)		%	53.26		%
Total return based on average net asset value (4)	(1.03)		%	6.57		%	1.80		%	0.58		%	14.77		%
Ratio/Supplemental data: (5)
Ratio of net investment income to average net assets	6.35		%	12.33		%	10.84		%	9.42		%	9.15		%
Ratio of total expenses, net of base management fee and incentive fee waivers, to average net assets	14.73		%	18.08		%	19.14		%	14.60		%	13.07		%
Portfolio turnover	10.82		%	18.29		%	12.12		%	24.93		%	41.80		%


	For the Years Ended December 31,
	2020			2019			2018			2017			2016
Per share data:
Net asset value at beginning of year	$	12.20		$	12.66		$	13.77		$	14.52		$	14.19
Net investment income (1)	1.45			1.42			1.57			1.40			1.55
Net gain (loss) (1)	(1.37)			(0.48)			(1.28)			(0.75)			0.13
Net increase (decrease) in net assets from operations (1)	0.08			0.94			0.29			0.65			1.68
Stockholder distributions – income	(1.10)			(1.40)			(1.40)			(1.37)			(1.40)
Stockholder distributions – capital gains	—			—			—			(0.03)			—
Stockholder distributions – return of capital	—			—			—			—			—
Effect of share issuance above (below) NAV (2)	(0.18)			—			—			—			0.05
Effect of share repurchases (2)	—			—			—			—			—

Net asset value at end of year	$	11.00		$	12.20		$	12.66		$	13.77		$	14.52
Net assets at end of year	$	234,434		$	249,357		$	258,767		$	278,699		$	240,850
Shares outstanding at end of year	21,303,540			20,444,564			20,444,564			20,239,957			16,581,869
Per share market value at end of year	$	8.03		$	10.86		$	9.60		$	13.75		$	15.38
Total return based on market value (3)	(13.86		%)	27.68		%	(21.74)		%	(1.82)		%	28.95		%
Total return based on average net asset value (4)	5.04		%	8.76		%	3.06		%	4.15		%	12.30		%
Ratio/Supplemental data:
Ratio of net investment income to average net assets	13.32		%	11.38		%	11.85		%	9.80		%	10.81		%
Ratio of total expenses, net of base management fee and incentive fee waivers, to average net assets	13.68		%	15.35		%	9.84		%	9.46		%	10.81		%
Portfolio turnover	25.24		%	27.18		%	31.53		%	39.39		%	22.41		%

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(2)Includes the effect of share issuances above (below) net asset value and the impact of different share amounts used in calculating per share data as a result of calculating certain per share data based on weighted average shares outstanding during the period and certain per share data based on shares outstanding as of a period end or transaction date.

(3)Total return based on market value is calculated assuming a purchase of common shares at the market value on the first day and a sale at the market value on the last day of the periods reported. Distributions, if any, are assumed for purposes of this calculation to be reinvested at prices obtained under the Company’s DRIP. Total return based on market value does not reflect brokerage commissions.

(4)Total return based on average net asset value is calculated as the change in net asset value per share during the period, divided by the beginning net asset value per share. Distributions, if any, are assumed for purposes of this calculation to be reinvested at prices obtained under the Company’s DRIP.


	For the Years Ended December 31,
	2025		2024		2023		2022		2021
Ratio of total investment income to average net assets	21.07	%	30.41	%	29.98	%	24.02	%	22.22	%
Ratio of interest and other debt financing expenses to average net assets	8.83	%	11.01	%	10.65	%	7.25	%	6.63	%
Ratio of total expenses (excluding incentive fees) to average net assets	14.73	%	16.85	%	16.43	%	13.09	%	12.16	%
Ratio of incentive fees to average net assets (1)	—	%	1.23	%	2.71	%	1.53	%	0.91	%


	For the Years Ended December 31,
	2020		2019		2018		2017		2016
Ratio of total investment income to average net assets	27.00	%	26.73	%	21.69	%	19.26	%	21.62	%
Ratio of interest and other debt financing expenses to average net assets	7.89	%	7.95	%	4.56	%	3.13	%	3.26	%
Ratio of total expenses (excluding incentive fees) to average net assets	13.86	%	13.61	%	9.19	%	7.43	%	8.17	%
Ratio of incentive fees to average net assets (1)	—	%	1.74	%	0.65	%	2.03	%	2.64	%

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