v3.26.1
Consolidated Statements of Income - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Net interest income      
Interest income net of amortization/accretion $ 78,999 $ 75,638 $ 46,030
Interest expense (44,277) (38,568) (25,756)
Net interest income 34,722 37,070 20,274
Provision for credit losses (770) (851) (3,672)
Net interest income after provision for credit losses 33,952 36,219 16,602
Operating Expenses:      
Management fees 5,216 4,538 2,579
Incentive fees 672 2,575 1,547
Professional fees 1,259 1,352 1,197
Administration and custodian fees 1,856 1,656 319
Other expenses 84 11 92
Total operating expenses 9,087 10,132 5,734
Other Income:      
Reimbursement—Investment Manager (see Note 8) 0 215 (5)
Impairment of equity method investments (507) (2,154) 0
(Loss) income from equity method investments (1,537) 3,150 5,905
Other income 2,367 1,446 780
Total Other Income 323 2,657 6,680
Net Income (Loss) $ 25,188 $ 28,744 $ 17,548
Net income per unit (basic and diluted)      
Net income per unit, Basic $ 0.64 $ 0.86 $ 0.94
Net income per unit, Diluted $ 0.64 $ 0.86 $ 0.94
Weighted average units outstanding, Basic 39,570,774 33,379,545 18,662,148
Weighted average units outstanding, Diluted 39,570,774 33,379,545 18,662,148