v3.26.1
Affiliates and Controlled Investments - Schedule of Fair Value with Transactions in Affiliated investments and controlled investments (Details) - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Schedule of Investments [Line Items]    
Fair Value, Beginning Balance [1],[2] $ 331,071  
Fair Value, Ending Balance [3] 276,763  
Interest Income 6,720 $ 7,966
Dividend Income 2,705 $ 3,612
Controlled Investments    
Schedule of Investments [Line Items]    
Fair Value, Beginning Balance [4] 79,887  
Change in Unrealized Appreciation (Depreciation) [4] (4,507)  
Fair Value, Ending Balance [4] 75,380  
Interest Income [4] 812  
Dividend Income [4] 2,546  
Controlled Investments | Great Elm Specialty Finance    
Schedule of Investments [Line Items]    
Fair Value, Beginning Balance [4] 38,462  
Change in Unrealized Appreciation (Depreciation) [4] (672)  
Fair Value, Ending Balance [4] 37,790  
Interest Income [4] 812  
Dividend Income [4] 28  
Controlled Investments | Great Elm Specialty Finance | Equity    
Schedule of Investments [Line Items]    
Fair Value, Beginning Balance [4] 13,137  
Change in Unrealized Appreciation (Depreciation) [4] (672)  
Fair Value, Ending Balance [4] 12,465  
Interest Income [4] 0  
Dividend Income [4] 28  
Controlled Investments | Great Elm Specialty Finance | Subordinated Note    
Schedule of Investments [Line Items]    
Fair Value, Beginning Balance [4] 25,325  
Fair Value, Ending Balance [4] 25,325  
Interest Income [4] 812  
Controlled Investments | CLO Formation JV, LLC    
Schedule of Investments [Line Items]    
Fair Value, Beginning Balance [4] 41,425  
Change in Unrealized Appreciation (Depreciation) [4] (3,835)  
Fair Value, Ending Balance [4] 37,590  
Dividend Income [4] 2,518  
Controlled Investments | CLO Formation JV, LLC | Equity    
Schedule of Investments [Line Items]    
Fair Value, Beginning Balance [4] 41,425  
Change in Unrealized Appreciation (Depreciation) [4] (3,835)  
Fair Value, Ending Balance [4] 37,590  
Dividend Income [4] $ 2,518  
[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 $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.
[2] 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.
[3] 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.
[4] Non-unitized equity investments are disclosed with percentage ownership in lieu of quantity.