v3.26.1
STATEMENTS OF CASH FLOWS (unaudited) - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Cash flows from operating activities    
Net increase (decrease) in net assets resulting from operations $ (745) $ 453
Adjustments to reconcile net increase (decrease) in net assets resulting from operations to net cash provided by (used for) operating activities:    
Purchases of investments (25,893) (47,794)
Net change in short-term investments (6,540) 8,448
Capitalized payment-in-kind interest (812) (938)
Proceeds from sales of investments 45,013 23,703
Proceeds from principal payments 9,460 5,887
Net realized (gain) loss on investments (2,632) (264)
Net change in unrealized (appreciation) depreciation on investments 8,358 4,387
Amortization of premium and accretion of discount, net (666) (713)
Net realized loss on repurchase of debt 2  
Amortization of discount (premium) on long term debt 469 418
Increase (decrease) in operating assets and liabilities:    
(Increase) decrease in interest receivable (203) (784)
(Increase) decrease in dividends receivable 264 4
(Increase) decrease in due from affiliates 40 3
(Increase) decrease in prepaid expenses and other assets (50) (128)
Increase (decrease) in due to affiliates and incentive fee payable (2,250) 1,327
Increase (decrease) in interest payable 9 29
Increase (decrease) in accrued expenses and other liabilities (332) 93
Net cash provided by (used for) operating activities 23,492 (5,869)
Cash flows from financing activities    
Repayment of notes payable (20,356)  
Borrowings under credit facility   23,000
Repayments under credit facility   (11,000)
Proceeds from issuance (buyback) of common stock, net of issuance costs (528)  
Payments of deferred financing costs (246) (10)
Distributions paid (4,196) (4,848)
Net cash provided by (used for) financing activities (25,326) 7,142
Net increase (decrease) in cash (1,834) 1,273
Cash, cash equivalents and restricted cash, beginning of period 1,834  
Cash, cash equivalents and restricted cash, end of period   1,273
Supplemental disclosure of cash flow information:    
Cash paid for interest $ 3,789 $ 3,774