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
Interest income $ 41,424 $ 31,323 $ 120,512 $ 75,523
Total investment income 41,424 31,323 120,512 75,523
Expenses        
Interest and debt financing costs 14,095 11,047 39,773 28,600
Amortization of offering costs       1,657
Management fees 2,397 1,934 6,678 4,522
Investment income incentive fee 3,291 2,385 9,793 5,369
Capital gains incentive fee       (33)
Other general and administrative expenses 2,338 2,700 6,657 6,809
Professional fees 1,034 758 3,399 2,543
Trustees' fees 164 163 490 488
Total expenses 23,319 18,987 66,790 49,955
Expense support (Note 3) (590) (1,180) (1,910) (4,887)
Net expenses 22,729 17,807 64,880 45,068
Net investment income (loss) 18,695 13,516 55,632 30,455
Net realized gains (losses):        
Net realized gains (losses) (25) 12 (162) (99)
Net change in unrealized gain (loss):        
Non-controlled/non-affiliated investments (603) 616 (7,817) (3,016)
Net change in unrealized gain (loss) (603) 616 (7,817) (3,016)
Net realized and change in unrealized gain (loss) (628) 628 (7,979) (3,115)
Net increase (decrease) in net assets from operations 18,067 14,144 47,653 27,340
Series A Preferred Share Dividends (46)   (139) 0
Net increase (decrease) in net assets resulting from operations applicable to common shareholders $ 18,021 $ 14,144 $ 47,514 $ 27,340
Per Share information - Basic and Diluted        
Net investment income (loss) per Common Share, basic $ 0.59 $ 0.52 $ 1.82 $ 1.45
Net investment income (loss) per Common Share, diluted 0.59 0.52 1.82 1.45
Earnings per Common Share, basic 0.57 0.54 1.55 1.3
Earnings per Common Share, diluted $ 0.57 $ 0.54 $ 1.55 $ 1.3
Weighted average shares of Common Shares outstanding, basic 31,885,612 26,219,271 30,563,009 20,964,897
Weighted average shares of Common Shares outstanding, diluted 31,885,612 26,219,271 30,563,009 20,964,897
Non-controlled/non-affiliated investments        
Net realized gains (losses):        
Net realized gains (losses) $ (25) $ 12 $ (162) $ (99)