v3.25.4
CONSOLIDATED STATEMENT OF ASSETS AND LIABILITIES - USD ($)
$ in Thousands
Dec. 31, 2025
Dec. 31, 2024
Assets    
Investments at fair value (amortized cost of $367,496 and $372,310, respectively) $ 359,400 $ 359,897
Cash and cash equivalents 17,859 41,222
Restricted cash 17,438 28,580
Interest receivable 240 1,474
Deferred credit facility costs 1,374 2,019
Prepaid expenses and other assets 760 1,505
Total assets 397,071 434,697
Liabilities    
Revolving Credit Facility 66,000 88,000
2027 Notes, net 74,733 74,536
Base management fee payable 1,565 1,560
Other accrued expenses and liabilities 6,979 6,819
Total liabilities 149,277 170,915
Commitments and Contingencies (Note 7)
Net assets    
Preferred stock, par value $0.01 per share (50,000,000 shares authorized; 525 shares issued and outstanding) 0 0
Common stock, par value $0.01 per share 237 237
Paid-in capital in excess of par value 351,043 351,766
Total distributable earnings/(loss) (103,486) (88,221)
Total net assets 247,794 263,782
Total liabilities and net assets $ 397,071 $ 434,697
Shares of common stock outstanding (par value $0.01 per share and 450,000 shares authorized) (In shares) 23,689,363 23,689,363
Net asset value per common share (in dollars per share) $ 10.44 $ 11.11