v3.26.1
Consolidated Statements of Changes in Net Assets and Preferred Equity - 12 months ended Dec. 31, 2025 - USD ($)
$ in Thousands
Preferred Stock Classified as Temporary Equity
Common Stock
Paid-in- Capital in Excess of Par Value
Accumulated Earnings (Loss), Net of Distributions
Total
Balance at Dec. 31, 2024
Balance (in Shares) at Dec. 31, 2024      
Operations:          
Net investment income 3,602 3,602
Net realized gain (loss)
Net change in unrealized appreciation (depreciation) (416) (416)
Net increase (decrease) in net assets resulting from operations 3,186 3,186
Shareholder distributions:          
Dividends to common shareholders (3,539) (3,539)
Dividends to preferred shareholders (59) (59)
Net increase (decrease) in net assets resulting from shareholder distributions (3,598) (3,598)
Capital Share Transactions:          
Issuance of shares $ 3,327 $ 18 177,451 177,469
Issuance of shares (in Shares) 332,696 17,742,363      
Tax reclassification of shareholders’ equity in accordance with generally accepted accounting principles (297) 297
Net increase (decrease) in net assets resulting from capital share transactions $ 3,327 $ 18 177,154 297 177,469
Net increase (decrease) in net assets resulting from capital share transactions (in Shares) 332,696 17,742,363      
Net increase (decrease) for the period $ 3,327 $ 18 177,154 (115) 177,057
Net increase (decrease) for the period (in Shares) 332,696 17,742,363      
Balance at Dec. 31, 2025 $ 3,327 $ 18 $ 177,154 $ (115) $ 177,057
Balance (in Shares) at Dec. 31, 2025 332,696 17,742,363