v3.26.1
CONSOLIDATED STATEMENTS OF ASSETS AND LIABILITIES - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
Assets    
Investments at fair value $ 780,742 $ 783,544
Cash and cash equivalents 13,999 20,364
Restricted cash 811 27,003
Deferred credit facility costs 3,981 4,643
Prepaid expenses and other assets 9,511 4,095
Total assets 809,044 839,649
Liabilities    
Revolving Credit Facility 195,000 95,000
Base management fee payable 3,592 3,581
Income incentive fee payable 0 0
Other accrued expenses and liabilities 8,447 13,367
Total liabilities 456,219 486,028
Commitments and Contingencies (Note 7)
Net assets    
Preferred stock, par value $0.01 per share (50,000 shares authorized; no shares issued and outstanding, respectively) 0 0
Common stock, par value $0.01 per share 407 405
Paid-in capital in excess of par value 515,424 514,399
Total distributable earnings (loss) (163,006) (161,183)
Total net assets 352,825 353,621
Total liabilities and net assets $ 809,044 $ 839,649
Shares of common stock outstanding (in shares) 40,709,723 40,491,145
Net asset value per share (in dollars per share) $ 8.67 $ 8.73
2026 Notes    
Liabilities    
Notes, net $ 0 $ 199,925
2027 Notes    
Liabilities    
Notes, net 124,812 124,671
8.11% 2028 Notes    
Liabilities    
Notes, net 49,606 49,484
7.50% 2028 Notes    
Liabilities    
Notes, net 74,762 0
Investment, Unaffiliated Issuer    
Assets    
Investments at fair value 764,961 767,304
Investment, Affiliated Issuer, Noncontrolled    
Assets    
Investments at fair value $ 15,781 $ 16,240