v3.26.1
Consolidated Statements of Cash Flows (Unaudited) - USD ($)
 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Cash Flows from Operating Activities:    
Net increase (decrease) in net assets resulting from operations $ (28,786,782) $ (1,219,235)
Adjustments to reconcile net increase (decrease) in net assets resulting from operations to net cash used in operating activities:    
Net realized (gains)/losses on investments 14,003,112 11,639,632
Net change in unrealized (gains)/losses on investments 37,861,570 16,334,283
Net accretion of discount on investments (1,240,521) (948,788)
Payment-in-kind interest and other income (1,245,008) (1,309,768)
Purchases of short-term investments (257,352,472) (261,034,788)
Purchases of portfolio investments (181,731,937) (196,684,831)
Proceeds from sale of short-term investments 290,192,262 281,691,311
Proceeds from sale of portfolio investments 189,776,072 277,651,090
Amortization of deferred financing cost 885,057 854,144
Increase/(decrease) in operating assets and liabilities:    
(Increase)/decrease in receivable for sales of investments (605,911) (177,309)
(Increase)/decrease in interest and dividends receivable 603,942 1,972,065
(Increase)/decrease in due from investment adviser 0 (364,725)
(Increase)/decrease in receivable for paydowns of investments (3,941,669) 1,136,903
(Increase)/decrease in prepaid expenses and other assets (291,877) (6,827)
Increase/(decrease) in interest payable on credit facilities (456,744) (1,592,376)
Increase/(decrease) in payable for investments purchased (7,394,012) (40,026,606)
Increase/(decrease) in management fees payable (302,482) (180,721)
Increase/(decrease) in incentive fee payable (146,707) (209,053)
Increase/(decrease) in accrued other general and administrative expenses 486,654 (125,937)
Net cash provided by (used in) operating activities 50,312,547 87,398,464
Cash Flows from Financing Activities:    
Borrowings on the credit facilities 7,800,000 37,100,000
Payments on the credit facilities (28,249,999) (77,300,000)
Distributions paid in cash (24,956,914) (28,341,014)
Purchase of common shares for dividend reinvestment plan 0 514,649
Repurchase of common shares (5,674,152) (5,702,084)
Net cash provided by (used in) financing activities (51,081,065) (73,728,449)
Net increase/(decrease) in cash and cash equivalents (768,518) 13,670,015
Cash and cash equivalents, beginning of period 3,217,449 2,766,409
Cash and cash equivalents, end of period 2,448,931 16,436,424
Supplemental and Non-Cash Information:    
Interest paid during the period 21,683,168 27,138,507
Distributions declared during the period 23,508,708 26,224,859
Reinvestment of distributions during the period 0 0
Distributions payable $ 11,994,008 $ 13,533,770