v3.26.3
CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2026
Sep. 30, 2025
Sep. 30, 2026
Sep. 30, 2025
Investment Income        
PIK interest income $ 416 $ 808 $ 1,696 $ 2,388
Total Investment Income 22,908 24,994 68,185 74,688
Operating Expenses        
Interest and other debt expenses 9,032 9,712 26,498 29,537
Management fees 959 1,008 2,898 2,918
Performance-based incentive fees 1,428 1,654 4,305 4,885
Administrative service expenses 474 273 1,330 663
Other general and administrative expenses 1,017 789 3,021 2,519
Total expenses 12,910 13,436 38,052 40,522
Management fees waived (955) (504) (1,360) (1,845)
Performance-based incentive fees waived (1,436) (827) (2,033) (3,094)
Net Expenses 10,519 12,105 34,659 35,583
Net Investment Income 12,389 12,889 33,526 39,105
Net realized gains (losses):        
Non-controlled/non-affiliated investments (5,102) (9,496) (5,102) (9,892)
Foreign currency forward contracts (192) (17) (83) (162)
Foreign currency transactions 38 (28) 47 (31)
Net realized gains (losses) (5,256) (9,541) (5,138) (10,085)
Net change in unrealized gains (losses)        
Non-controlled/non-affiliated investments (1,832) 3,692 (20,699) (4,543)
Non-controlled/affiliated investments 231 (219) (2,126) (219)
Foreign currency forward contracts 318 77 486 38
Foreign currency translations (94) (9) 60 (176)
Net change in unrealized gains (losses) (1,377) 3,541 (22,279) (4,900)
Net Realized and Change in Unrealized Gains (Losses) (6,633) (6,000) (27,417) (14,985)
Net Increase (Decrease) in Net Assets Resulting from Operations 5,756 6,889 6,109 24,120
Non-controlled/Non-affiliated Investments        
Investment Income        
Interest income (excluding Payment-in-kind ("PIK") interest income) 22,319 23,884 65,950 71,725
PIK interest income 416 808 1,696 2,388
Other income 173 168 539 422
Non-controlled/Affiliated Investments        
Investment Income        
Interest income (excluding Payment-in-kind ("PIK") interest income) $ 0 $ 134 0 $ 153
Net change in unrealized gains (losses)        
Non-controlled/non-affiliated investments     $ (2,126)