| Schedule of long-term debt |
| | | | | | | | | | | | Face Value Debt
(in thousands) | | Stated Interest Rate | | Wtd. Avg. Rate as of September 30, 2026 | | Maturity Date | Revolving Facility (1) | | $ | 198,500 | | SOFR +
[1.25% - 2.20%] | | 4.96% | | February 2030 | 2029 Term Loan (2) | | | 100,000 | | SOFR +
[1.25% - 1.90%] | | 4.66% | | February 2029 | 2031 Term Loan (3) | | | 100,000 | | SOFR +
[1.25% - 1.90%] | | 3.35% | | February 2031 | Total Debt/Weighted-Average Rate | | $ | 398,500 | | | | 4.48% | | |
| (1) | As of September 30, 2026, the Company has utilized interest rate swaps to fix SOFR and achieve a weighted average fixed interest rate of 3.32% plus the applicable spread on $100 million of the outstanding balance on the Revolving Facility (hereinafter defined). |
| (2) | As of September 30, 2026, the Company has utilized interest rate swaps to fix SOFR and achieve a weighted average fixed interest rate of 3.36% plus the applicable spread on the $100 million 2029 Term Loan (hereinafter defined) balance. |
| (3) | As of September 30, 2026, the Company has utilized interest rate swaps to fix SOFR and achieve a weighted average fixed interest rate of 2.05% plus the applicable spread on the $100 million 2031 Term Loan (hereinafter defined) balance. |
| | | | | | | | | | | | | | | September 30, 2026 | | December 31, 2025 | | | Total | | Due Within One Year | | Total | | Due Within One Year | Revolving Facility | | $ | 198,500 | | $ | — | | $ | 178,000 | | $ | — | 2026 Term Loan | | | — | | | — | | | 100,000 | | | 100,000 | 2027 Term Loan | | | — | | | — | | | 100,000 | | | — | 2029 Term Loan | | | 100,000 | | | — | | | — | | | — | 2031 Term Loan | | | 100,000 | | | — | | | — | | | — | Financing Costs, net of Accumulated Amortization | | | (1,824) | | | — | | | (261) | | | — | Total Long-Term Debt | | $ | 396,676 | | $ | — | | $ | 377,739 | | $ | 100,000 |
| | | | | | Total | Current Face Amount | | $ | 398,500 | Financing Costs, net of Accumulated Amortization | | | (1,824) | Total Long-Term Debt | | $ | 396,676 |
| | | | | | | | | | | | | | | Three Months Ended | | Nine Months Ended | | | September 30, 2026 | | September 30, 2025 | | September 30, 2026 | | September 30, 2025 | Interest Expense | | $ | 4,044 | | $ | 3,703 | | $ | 11,588 | | $ | 10,856 | Interest Expense from Obligation Under Participation Agreement | | | 481 | | | 10 | | | 1,301 | | | 375 | Amortization of Deferred Financing Costs to Interest Expense | | | 303 | | | 197 | | | 871 | | | 591 | Total Interest Expense | | $ | 4,828 | | $ | 3,910 | | $ | 13,760 | | $ | 11,822 | | | | | | | | | | | | | | Total Interest Paid | | $ | 4,538 | | $ | 4,279 | | $ | 13,595 | | $ | 10,962 |
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