v3.26.1
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Non-controlled/non-affiliate company investments:        
Interest income $ 19,413 $ 22,981 $ 39,700 $ 45,761
Payment-in-kind ("PIK") interest income 231 210 1,467 210
Other Income 147 190 616 440
Dividend income 291 637 1,076 637
Total investment income 20,082 24,018 42,859 47,048
Expenses:        
Interest expense on line of credit 6,318 7,369 12,324 14,570
Management fees 1,537 1,702 3,255 3,356
Amortization of deferred financing costs 287 285 570 536
Professional fees 199 257 437 471
Other general and administrative expenses 189 275 492 552
Overhead expenses 153 160 309 359
Administration fees 147 152 292 295
Directors' fees 75 75 150 150
Custody fees 50 22 99 56
Total expenses 8,955 10,297 17,928 20,345
Net expenses after management fee waiver 8,955 10,297 17,928 20,345
Net investment income (loss), before taxes 11,127 13,721 24,931 26,703
Income tax expense, including excise tax 1   82 1
Net investment income (loss), after taxes 11,126 13,721 24,849 26,702
Realized and unrealized gain (loss) on investments:        
Net realized gain (loss) on non-controlled/non-affiliate company investments     3,202  
Net change in unrealized appreciation (depreciation) on non-controlled/non-affiliate company investments (5,476) (4,904) (3,781) (5,767)
Total net realized and unrealized gain (loss) on investments (5,476) (4,904) (579) (5,767)
Net increase (decrease) in net assets resulting from operations $ 5,650 $ 8,817 $ 24,270 $ 20,935
Per share data:        
Net increase (decrease) in net assets resulting from operations per share - basic (in dollars per share) $ 0.13 $ 0.22 $ 0.59 $ 0.52
Net increase (decrease) in net assets resulting from operations per share - fully diluted (in dollars per share) $ 0.13 $ 0.22 $ 0.59 $ 0.52
Weighted average common shares outstanding - basic (in shares) 40,921,166 40,174,233 40,828,407 40,073,538
Weighted average common shares outstanding - fully diluted (in shares) 40,921,166 40,174,233 40,828,407 40,073,538