v3.26.1
Consolidated Statements of Assets and Liabilities (Unaudited) - USD ($)
Jun. 30, 2026
Dec. 31, 2025
Assets:    
Non-controlled, non-affiliated investments, at fair value (amortized cost of $1,242,154,554 and $1,294,556,070, respectively) $ 1,113,377,240 [1] $ 1,203,640,318
Cash and cash equivalents 2,448,931 3,217,449
Receivables:    
Receivable for sales of investments 3,427,539 2,821,628
Receivable for paydowns of investments 4,175,599 233,930
Due from investment adviser 616,715 616,715
Dividend receivable 127,702 195,710
Interest receivable 8,072,629 8,608,563
Prepaid expenses and other assets 333,323 41,446
Total Assets 1,132,579,678 1,219,375,759
Liabilities:    
Credit facilities (net of deferred financing costs of $4,214,138 and $5,030,068, respectively) (Note 6) 394,543,192 414,438,758
Notes (net of deferred financing costs of $1,540,292 and $1,609,420, respectively) (Note 6) 301,949,233 302,075,353
Payables:    
Payable for investments purchased 12,972,955 20,366,967
Distributions payable 11,994,008 13,442,214
Management fee payable 1,826,659 2,129,141
Incentive fee payable 1,719,824 1,866,531
Accrued other general and administrative expenses 1,420,277 933,623
Total Liabilities 726,426,148 755,252,587
Commitments and contingencies (Note 9)
Net Assets:    
Common Shares, $0.001 par value; 450,000,000 shares authorized; 30,743,081 and 31,260,963 as of June 30, 2026 and December 31, 2025, respectively issued and outstanding 30,743 31,261
Additional paid-in capital 587,969,410 593,643,044
Total distributable earnings (accumulated deficit) (181,846,623) (129,551,133)
Total Net Assets 406,153,530 464,123,172
Total Liabilities and Net Assets $ 1,132,579,678 $ 1,219,375,759
Net Asset Value Per Common Share $ 13.21 $ 14.85
[1] As of June 30, 2026, all investments are non-controlled, non-affiliated investments. Non-controlled, non-affiliated investments are defined as investments in which the Company owns less than 5% of the portfolio company’s outstanding voting securities and does not have the power to exercise control over the management or policies of such portfolio company.