v3.26.1
Consolidated Statement of Operations (Unaudited) - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Interest income paid-in-kind $ 2,095 $ 4,277 $ 4,765 $ 8,342
Total investment income 21,935 41,867 59,184 76,222
Expenses        
Interest and credit facility expenses 3,337 10,506 10,695 19,319
Incentive fees 5,194 1,488 8,988 4,119
Management fees 2,101 3,947 6,126 7,177
Administrative fees 187 273 464 521
Professional fees 141 203 239 276
Directors’ fees 89 67 146 119
Other expenses 83 112 304 246
Total expenses 11,132 16,596 26,962 31,777
Net investment income 10,803 25,271 32,222 44,445
Net realized gain (loss):        
Net realized gain (loss)     (11,203) (75)
Net change in unrealized appreciation/(depreciation):        
Net realized and unrealized gain (loss) on investments 17,899 (16,842) 17,977 (21,104)
Net increase in Members' Capital from operations $ 28,702 $ 8,429 $ 50,199 $ 23,341
Basic and diluted:        
Income per unit $ 4.55 $ 0.66 $ 5.27 $ 1.83
Income per unit $ 4.55 $ 0.66 $ 5.27 $ 1.83
Units outstanding 6,310,260 12,745,660 9,527,960 12,745,660
Units outstanding 6,310,260 12,745,660 9,527,960 12,745,660
Non-controlled/non-affiliated        
Interest income $ 14,665 $ 37,485 $ 49,155 $ 67,664
Interest income paid-in-kind 1,646 4,277 4,316 8,342
Other fee income 400 105 489 216
Net realized gain (loss):        
Net realized gain (loss) (29,194) (75) (29,127) (75)
Net change in unrealized appreciation/(depreciation):        
Net change in unrealized appreciation/(depreciation) 36,618 (16,767) 36,629 (21,029)
Investment, Affiliated Issuer, Noncontrolled        
Interest income 4,775 0 4,775 0
Interest income paid-in-kind 449 0 449 0
Net realized gain (loss):        
Net realized gain (loss) 17,924 0 17,924 0
Net change in unrealized appreciation/(depreciation):        
Net change in unrealized appreciation/(depreciation) $ (7,449) $ 0 $ (7,449) $ 0