| Summary of Net Earnings Per Common Share |
For the three and six months ended June 30, 2026 and 2025 net earnings per common share is computed as below ($ in thousands, except per share data):
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Three Months Ended June 30, 2026 |
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Class B |
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Class R |
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Class J-1 |
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Class J-2 |
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Class J-4 |
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Class S |
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Class I |
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Class E |
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Class F-I |
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Class F-S |
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Total |
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Net income |
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$ |
9,747 |
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$ |
1,615 |
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$ |
6,017 |
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$ |
1,278 |
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$ |
2,076 |
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$ |
512 |
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$ |
2,532 |
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$ |
542 |
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$ |
7 |
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$ |
21 |
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$ |
24,347 |
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Weighted average number of common shares outstanding |
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26,347 |
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4,362 |
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16,254 |
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3,453 |
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6,717 |
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1,648 |
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8,165 |
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1,291 |
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21 |
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68 |
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68,326 |
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Earnings per common share — basic and diluted |
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$ |
0.37 |
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$ |
0.37 |
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$ |
0.37 |
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$ |
0.37 |
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$ |
0.31 |
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$ |
0.31 |
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$ |
0.31 |
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$ |
0.42 |
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$ |
0.33 |
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$ |
0.31 |
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$ |
0.36 |
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Three Months Ended June 30, 2025 |
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Class B |
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Class R |
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Class J-1 |
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Class J-2 |
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Class J-4 |
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Class S |
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Class I |
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Class E |
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Class F-I |
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Class F-S |
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Total |
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Net income |
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$ |
8,216 |
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$ |
1,691 |
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$ |
5,864 |
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$ |
1,249 |
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$ |
476 |
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$ |
60 |
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$ |
275 |
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$ |
553 |
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$ |
— |
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$ |
— |
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$ |
18,384 |
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Weighted average number of common shares outstanding |
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21,441 |
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4,428 |
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15,335 |
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3,270 |
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1,343 |
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166 |
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783 |
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1,283 |
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— |
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— |
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48,049 |
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Earnings per common share — basic and diluted |
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$ |
0.38 |
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$ |
0.38 |
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$ |
0.38 |
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$ |
0.38 |
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$ |
0.35 |
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$ |
0.36 |
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$ |
0.35 |
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$ |
0.43 |
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$ |
— |
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$ |
— |
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$ |
0.38 |
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Six Months Ended June 30, 2026 |
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Class B |
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Class R |
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Class J-1 |
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Class J-2 |
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Class J-4 |
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Class S |
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Class I |
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Class E |
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Class F-I |
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Class F-S |
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Total |
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Net income |
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$ |
19,486 |
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$ |
3,261 |
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$ |
11,984 |
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$ |
2,547 |
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$ |
3,902 |
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$ |
923 |
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$ |
4,614 |
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$ |
1,085 |
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$ |
7 |
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$ |
21 |
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$ |
47,830 |
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Weighted average number of common shares outstanding |
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26,256 |
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4,393 |
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16,134 |
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3,428 |
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6,243 |
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1,467 |
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7,334 |
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1,288 |
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11 |
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34 |
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66,588 |
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Earnings per common share — basic and diluted |
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$ |
0.74 |
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$ |
0.74 |
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$ |
0.74 |
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$ |
0.74 |
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$ |
0.63 |
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$ |
0.63 |
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$ |
0.63 |
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$ |
0.84 |
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$ |
0.64 |
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$ |
0.62 |
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$ |
0.72 |
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Six Months Ended June 30, 2025 |
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Class B |
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Class R |
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Class J-1 |
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Class J-2 |
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Class J-4 |
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Class S |
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Class I |
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Class E |
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Class F-I |
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Class F-S |
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Total |
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Net income |
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$ |
14,831 |
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$ |
3,096 |
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$ |
7,137 |
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$ |
1,708 |
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$ |
476 |
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$ |
60 |
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$ |
313 |
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$ |
1,119 |
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$ |
— |
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$ |
— |
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$ |
28,740 |
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Weighted average number of common shares outstanding |
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18,314 |
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3,827 |
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9,659 |
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2,352 |
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675 |
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83 |
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|
455 |
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1,263 |
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— |
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— |
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36,628 |
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Earnings per common share — basic and diluted |
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$ |
0.81 |
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$ |
0.81 |
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$ |
0.74 |
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$ |
0.73 |
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$ |
0.71 |
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$ |
0.72 |
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$ |
0.69 |
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$ |
0.89 |
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$ |
— |
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$ |
— |
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$ |
0.78 |
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