v3.26.1
Consolidated Statements of Changes in Net Assets and Preferred Equity (Unaudited) - USD ($)
$ in Thousands
Preferred Stock [Member]
Common Stock [Member]
Additional Paid-in Capital [Member]
Retained Earnings [Member]
Total
Balance (in shares) at Dec. 31, 2025 332,696 17,742,363      
Balance at Dec. 31, 2025 $ 3,327 $ 18 $ 177,154 $ (115) $ 177,057
Net investment income 0 0 0 3,548 3,548
Net realized gain (loss) 0 0 0 0 0
Net change in unrealized appreciation (depreciation) 0 0 0 (511) (511)
Net increase (decrease) in net assets resulting from operations 0 0 0 3,037 3,037
Dividends to common shareholders 0 0 0 (3,714) (3,714)
Dividends to preferred shareholders 0 0 0 (48) (48)
Net increase (decrease) in net assets resulting from shareholder distributions $ 0 $ 0 0 (3,762) (3,762)
Common shares issued in connection with dividend reinvestment plan (in shares) 0 2,478      
Common shares issued in connection with dividend reinvestment plan $ 0 $ 0 25 0 25
Common stock issued, shares (in shares) 0 1,713,828      
Common stock issued, value $ 0 $ 2 17,102 0 17,104
Net increase (decrease) in net assets resulting from capital share transactions (in shares) 0 1,716,306      
Net increase (decrease) in net assets resulting from capital share transactions $ 0 $ 2 17,127 0 17,129
Net increase (decrease) for the period $ 0 $ 2 17,127 (725) 16,404
Balance (in shares) at Mar. 31, 2026 332,696 19,458,669      
Balance at Mar. 31, 2026 $ 3,327 $ 20 194,281 (840) 193,461
Balance (in shares) at Dec. 31, 2025 332,696 17,742,363      
Balance at Dec. 31, 2025 $ 3,327 $ 18 177,154 (115) 177,057
Net investment income         7,129
Net realized gain (loss)         0
Net change in unrealized appreciation (depreciation)         (2,436)
Net increase (decrease) in net assets resulting from operations         $ 4,693
Common shares issued in connection with dividend reinvestment plan (in shares)         10,166
Common shares issued in connection with dividend reinvestment plan         $ 101
Common stock issued, shares (in shares)   2,932,882      
Balance (in shares) at Jun. 30, 2026 332,696 20,685,411      
Balance at Jun. 30, 2026 $ 3,327 $ 21 206,473 (2,765) 203,729
Balance (in shares) at Mar. 31, 2026 332,696 19,458,669      
Balance at Mar. 31, 2026 $ 3,327 $ 20 194,281 (840) 193,461
Net investment income 0 0 0 3,582 3,582
Net realized gain (loss) 0 0 0 0 0
Net change in unrealized appreciation (depreciation) 0 0 0 (1,925) (1,925)
Net increase (decrease) in net assets resulting from operations 0 0 0 1,657 1,657
Dividends to common shareholders 0 0 0 (3,534) (3,534)
Dividends to preferred shareholders 0 0 0 (48) (48)
Net increase (decrease) in net assets resulting from shareholder distributions $ 0 $ 0 0 (3,582) $ (3,582)
Common shares issued in connection with dividend reinvestment plan (in shares) 0 7,688     7,688
Common shares issued in connection with dividend reinvestment plan $ 0 $ 0 76 0 $ 76
Common stock issued, shares (in shares) 0 1,219,054      
Common stock issued, value $ 0 $ 1 12,116 0 12,117
Net increase (decrease) in net assets resulting from capital share transactions (in shares) 0 1,226,742      
Net increase (decrease) in net assets resulting from capital share transactions $ 0 $ 1 12,192 0 12,193
Net increase (decrease) for the period $ 0 $ 1 12,192 (1,925) 10,268
Balance (in shares) at Jun. 30, 2026 332,696 20,685,411      
Balance at Jun. 30, 2026 $ 3,327 $ 21 $ 206,473 $ (2,765) $ 203,729