v3.26.1
Consolidated Statements of Cash Flows (unaudited) - USD ($)
 3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Cash Flows from Operating Activities:    
Net increase (decrease) in net assets resulting from operations $ 21,360,509 $ 16,329,677
Adjustments to reconcile net increase (decrease) in net assets resulting from operations to net cash provided by (used in) operating activities:    
Payments for purchases of investments (123,171,218) (77,254,594)
Proceeds from sales of investments and principal repayments 110,573,951 29,499,606
Net proceeds (payments) from sales (purchases) of short-term securities (7,799,698) (25,073,884)
Net realized (gain) loss on investments (446,365) 12,596
Net realized (gain) loss on foreign currency transactions 92 176
Net change in unrealized (appreciation) depreciation on investments 2,898,198 9,754,350
Net change in unrealized (appreciation) depreciation on foreign currency translation 316 (205)
Payment-in-kind interest capitalized (2,075,870) (1,601,959)
Net accretion of discount and amortization of premium (2,841,417) (2,020,261)
Amortization of deferred financing costs 685,005 386,087
Changes in operating assets and liabilities    
(Increase) decrease in receivables from sales and paydowns of investments 205,505 (4,182,589)
(Increase) decrease in interest receivable (3,215,524) (1,260,629)
(Increase) decrease in prepaid expenses and other assets 17,898 86,775
Increase (decrease) in due to custodian 0 (155,575)
Increase (decrease) in payable for purchases of investments 1,027,270 (66,034)
Increase (decrease) in interest payable (1,614,927) (57,849)
Increase (decrease) in management fee payable 16,524 27,435
Increase (decrease) in due to affiliates, net 84,480 (8,905)
Increase (decrease) in other accounts payable and accrued liabilities (302,065) (157,393)
Net Cash Provided by (Used in) Operating Activities (4,597,336) (55,743,175)
Cash Flows from Financing Activities    
Capital contributions 0 50,286,000
Repurchased units (6,368,624) 0
Capital distributions (6,769,874) (7,743,538)
Proceeds from borrowings 65,000,000 16,400,000
Repayment of borrowings (57,009,025) 0
Net Cash Provided by (Used in) Financing Activities (5,147,523) 58,942,462
Net increase (decrease) in Cash and Foreign cash (9,744,859) 3,199,287
Effect of foreign currency exchange rates changes on cash (408) (373)
Cash and Foreign cash, beginning of period 34,131,134 33,818,898
Cash and Foreign cash, End of the Period 24,385,867 37,017,812
Supplemental Information and Non-Cash Financing Activities    
Non-cash distributions 8,275,730 7,554,676
Reinvestment of distributions (8,275,730) (7,554,676)
Cash paid for interest expense 16,217,518 15,156,793
Debt Securities [Member]    
Supplemental Information and Non-Cash Financing Activities    
Non-cash distributions 2,075,870 1,601,959
Non-cash interest income from payment-in-kind securities $ (2,075,870) $ (1,601,959)