v3.26.1
Consolidated Statements 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 $ 43,899 $ 25,456 $ 79,087 $ 44,200
Total investment income 43,899 25,456 79,087 44,200
Expenses        
Interest and debt financing costs 14,173 10,581 25,677 17,553
Amortization of offering costs   474   1,657
Management fees 2,155 1,375 4,281 2,588
Investment income incentive fee 3,682 1,662 6,502 2,984
Capital gains incentive fee       (33)
Other general and administrative expenses 2,203 2,016 4,319 4,109
Professional fees 1,372 844 2,365 1,785
Trustees' fees 163 163 325 325
Total expenses 23,748 17,115 43,469 30,968
Less advisor expense support (Note 3) (805) (1,074) (1,320) (3,707)
Net expenses 22,943 16,041 42,149 27,261
Net investment income (loss) 20,956 9,415 36,938 16,939
Net realized gains (losses):        
Net realized gains (losses) (58) (104) (137) (111)
Net change in unrealized gain (loss):        
Non-controlled/non-affiliated investments (3,651) 1,855 (7,214) (3,632)
Net change in unrealized gain (loss) (3,651) 1,855 (7,214) (3,632)
Net realized and change in unrealized gain (loss) (3,709) 1,751 (7,351) (3,743)
Net increase (decrease) in net assets from operations 17,247 11,166 29,587 13,196
Series A Preferred Share Dividends (93)   (93) 0
Net increase (decrease) in net assets resulting from operations applicable to common shareholders $ 17,154 $ 11,166 $ 29,494 $ 13,196
Per Share information - Basic and Diluted        
Net investment income (loss) per Common Share, basic $ 0.7 $ 0.49 $ 1.24 $ 0.93
Net investment income (loss) per Common Share, diluted 0.7 0.49 1.24 0.93
Earnings per Common Share, basic 0.57 0.58 0.99 0.72
Earnings per Common Share, diluted $ 0.57 $ 0.58 $ 0.99 $ 0.72
Weighted average shares of Common Shares outstanding, basic 30,019,220 19,366,981 29,890,747 18,294,166
Weighted average shares of Common Shares outstanding, diluted 30,019,220 19,366,981 29,890,747 18,294,166
Non-controlled/non-affiliated investments        
Net realized gains (losses):        
Net realized gains (losses) $ (58) $ (104) $ (137) $ (111)