v3.26.1
CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Cash flows from operating activities:    
Net increase (decrease) in net assets resulting from operations $ 8,359 $ 9,657
Adjustments to reconcile net increase (decrease) in net assets resulting from operations to net cash provided by (used in) operating activities:    
Purchases of investments (84,755) (111,421)
Payment-in-kind and other adjustments to cost (1,119) (523)
Repayments of investments 88,771 97,532
Net realized (gain) loss on investments 95 0
Net change in unrealized (appreciation) depreciation on investments 11,327 12,451
Net change in unrealized (appreciation) depreciation on interest rate swap attributed to unsecured notes (453) 715
Net amortization (accretion) on investments (1,600) (1,315)
Amortization of deferred financing costs 331 331
Changes in operating assets:    
Interest receivable (91) 748
Prepaid expenses 373 488
Other assets 18 (115)
Changes in operating liabilities:    
Interest and credit facility fees payable (297) 2,107
Base management fees payable (Note 7) (8) 68
Income incentive fees payable (Note 7) (362) 321
Administrator expenses payable 28 (286)
Directors' fees and expenses payable (Note 9) (9) 1
Other liabilities 387 (632)
Due to affiliates (30) 51
Accounts payable and accrued expenses 276 (22)
Net cash provided by (used in) operating activities 21,241 10,156
Cash flows from financing activities:    
Borrowings on debts 34,000 35,100
Repayments of debts (29,000) (48,500)
Dividends paid (20,273) (23,421)
Net cash provided by (used in) financing activities (15,273) (36,821)
Net increase (decrease) in cash and cash equivalents 5,968 (26,665)
Cash and cash equivalents, beginning of period 33,963 69,606
Cash and cash equivalents, end of period 39,931 42,941
Supplemental cash information:    
Cash paid during the period for interest 14,808 13,325
Supplemental non cash information:    
Distributions reinvested $ 17 $ 51