v3.26.1
Consolidated Statements of Assets and Liabilities (Current Period Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2026
Dec. 31, 2025
Assets    
Investments at fair value $ 695,697 $ 647,244
Cash 34,489 105,519
Investments in money market funds 36,139 34,711
Restricted investments in money market funds 2,634 2,463
Interest receivable 12,742 12,086
Other assets 9,946 9,081
Total assets 791,647 811,104
Liabilities    
Borrowings (Note 7) 447,166 473,027
Distributions payable 2,872 15,053
Base management fee payable (Note 3) 1,041 975
Incentive fee payable (Note 3) 1,765 0
Other accrued expenses 4,940 3,547
Total liabilities 457,784 492,602
Commitments and contingencies (Notes 3 and 8)
Net assets    
Preferred stock, par value $0.001 per share, 1,000,000 shares authorized, zero shares issued and outstanding as of March 31, 2026 and December 31, 2025 0 0
Common stock, par value $0.001 per share, 100,000,000 shares authorized, 48,027,471 and 45,781,280 shares issued and 47,860,006 and 45,613,815 shares outstanding as of March 31, 2026 and December 31, 2025, respectively 53 51
Paid-in capital in excess of par 575,167 559,355
Distributable loss (241,357) (240,904)
Total net assets 333,863 318,502
Total liabilities and net assets $ 791,647 $ 811,104
Net asset value per common share (in dollars per share) $ 6.98 $ 6.98
Investment, Unaffiliated Issuer [Member]    
Assets    
Investments at fair value $ 631,495 $ 584,100
Investment, Affiliated Issuer, Noncontrolled [Member]    
Assets    
Investments at fair value $ 64,202 $ 63,144