v3.26.1
STATEMENTS OF ASSETS AND LIABILITIES (unaudited) (Parenthetical) - USD ($)
$ in Thousands
Mar. 31, 2026
Dec. 31, 2025
Investment at amortized cost $ 348,231 [1] $ 394,178 [2],[3]
Unamortized discount $ 4,884 $ 5,064
Common stock, par value $ 0.01 $ 0.01
Common stock, shares authorized 100,000,000 100,000,000
Common stock, shares issued 13,892,045 13,998,168
Common stock, shares outstanding 13,892,045 [4] 13,998,168
Non-affiliated, Non-controlled Investments    
Investment at amortized cost $ 231,569 $ 254,313
Non-affiliated, Non-controlled Short-term Investments    
Investment at amortized cost 9,600 32,803
Affiliated Investments    
Investment at amortized cost 12,379 12,379
Controlled Investments    
Investment at amortized cost $ 94,683 $ 94,683
[1] As of period end, the aggregate gross unrealized appreciation for all securities in which there was an excess of value over tax cost was $8,392; the aggregate gross unrealized depreciation for all securities in which there was an excess of tax cost over value was $(79,860); the net unrealized depreciation was $(71,468); the aggregate cost of securities for Federal income tax purposes was $348,231.
[2] As of period end, the aggregate gross unrealized appreciation for all securities in which there was an excess of value over tax cost was $11,467; the aggregate gross unrealized depreciation for all securities in which there was an excess of tax cost over value was $80,177; the net unrealized depreciation was $(68,710); the aggregate cost of securities for Federal income tax purposes was $399,781.
[3] Great Elm Capital Corp.’s (the “Company”) investments are generally acquired in private transactions exempt from registration under the Securities Act, as amended (the “Securities Act”) and, therefore, are generally subject to limitations on resale, and may be deemed to be “restricted securities” under the Securities Act.
[4] The per share data was derived by using the weighted average shares outstanding during the period, except where such calculations deviate from those specified under the instructions to Form N-2.