v3.26.3
Consolidated Statements of Assets and Liabilities (Unaudited) - USD ($)
Sep. 30, 2026
Dec. 31, 2025
Assets:    
Non-controlled, non-affiliated investments, at fair value (amortized cost of $1,209,375,951 and $1,294,556,070, respectively) $ 1,087,582,875 [1] $ 1,203,640,318
Cash and cash equivalents 1,880,760 3,217,449
Receivables:    
Receivable for sales of investments 8,598,809 2,821,628
Receivable for paydowns of investments 118,127 233,930
Due from investment adviser 616,715 616,715
Dividend receivable 158,737 195,710
Interest receivable 7,225,017 8,608,563
Prepaid expenses and other assets 3,675 41,446
Assets, Total 1,106,184,715 1,219,375,759
Liabilities:    
Credit facilities (net of deferred financing costs of $3,297,774 and $5,030,068, respectively) (Note 6) 355,894,687 414,438,758
Notes (net of deferred financing costs of $2,628,274 and $1,609,420, respectively) (Note 6) 300,727,862 302,075,353
Payables:    
Payable for investments purchased 29,725,586 20,366,967
Distributions payable 11,493,758 13,442,214
Management fee payable 1,807,868 2,129,141
Incentive fee payable 1,661,740 1,866,531
Accrued other general and administrative expenses 1,436,768 933,623
Total Liabilities 702,748,269 755,252,587
Commitments and contingencies (Note 9)
Net Assets:    
Common Shares, $0.001 par value; 450,000,000 shares authorized; 30,234,979 and 31,260,963 as of September 30, 2026 and December 31, 2025, respectively issued and outstanding 30,235 31,261
Additional paid-in capital 582,739,026 593,643,044
Total distributable earnings (accumulated deficit) (179,332,815) (129,551,133)
Total Net Assets 403,436,446 464,123,172
Total Liabilities and Net Assets $ 1,106,184,715 $ 1,219,375,759
Net Asset Value Per Common Share $ 13.34 $ 14.85
[1] As of September 30, 2026, all investments are non-controlled, non-affiliated investments. Non-controlled, non-affiliated investments are defined as investments in which the Company owns less than 5% of the portfolio company’s outstanding voting securities and does not have the power to exercise control over the management or policies of such portfolio company.