Consolidated Statements of Changes in Net Assets (Unaudited) - USD ($) |
3 Months Ended | 9 Months Ended | ||
|---|---|---|---|---|
Sep. 30, 2026 |
Sep. 30, 2025 |
Sep. 30, 2026 |
Sep. 30, 2025 |
|
| Net assets at beginning of period | $ 782,311,000 | $ 649,899,000 | $ 732,290,000 | $ 429,053,000 |
| Operations: | ||||
| Net investment income (loss) | 18,695,000 | 13,516,000 | 55,632,000 | 30,455,000 |
| Net realized gains (losses) | (25,000) | 12,000 | (162,000) | (99,000) |
| Net change in unrealized gain (loss) | (603,000) | 616,000 | (7,817,000) | (3,016,000) |
| Net increase (decrease) in net assets from operations | 18,067,000 | 14,144,000 | 47,653,000 | 27,340,000 |
| Distributions to Shareholders: | ||||
| Distributions to common shareholders | (18,526,000) | (13,650,000) | (51,200,000) | (30,303,000) |
| Preferred share dividends | (46,000) | 0 | (139,000) | 0 |
| Net increase (decrease) resulting from shareholder distributions | (18,572,000) | (13,650,000) | (51,339,000) | (30,303,000) |
| Capital share transactions: | ||||
| Issuance of common shares | 0 | 0 | $ 45,662,000 | 220,000,000 |
| Issuance of common shares, shares | 31,941,786 | |||
| Reinvestment of shareholder distributions | 4,235,000 | 2,265,000 | $ 11,775,000 | $ 6,568,000 |
| Common shares issued from reinvestment of distributions, shares | 476,365 | 262,290 | ||
| Net increase (decrease) in net assets from capital transactions | 4,235,000 | 2,265,000 | $ 57,437,000 | $ 226,568,000 |
| Net increase (decrease) in net assets for the period | 3,730,000 | 2,759,000 | 53,751,000 | 223,605,000 |
| Net assets at end of period | $ 786,041,000 | $ 652,658,000 | $ 786,041,000 | $ 652,658,000 |
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- Definition Investment company increase (decrease) resulting from shareholder distributions. No definition available.
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- Definition Amount of paid and unpaid preferred stock dividends declared with the form of settlement in cash, stock and payment-in-kind (PIK). Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- References No definition available.
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- Definition Amount of dividend distribution from ordinary income and capital gain. Excludes distribution for tax return of capital. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- References No definition available.
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- Definition Amount of increase (decrease) in equity from change in number of shares or units by investment company. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- References No definition available.
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- Definition Amount, after investment expense, of income earned from investments in securities and real estate. Includes, but is not limited to, real estate investment, policy loans, dividends, and interest. Excludes realized gain (loss) on investments. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount of realized gain (loss) on investment. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Number of shares issued during the period from a dividend reinvestment plan (DRIP). A dividend reinvestment plan allows the shareholders to reinvest dividends paid to them by the entity on new issues of stock by the entity. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Number of new stock issued during the period. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Value of stock issued during the period from a dividend reinvestment plan (DRIP). A dividend reinvestment plan allows the holder of the stock to reinvest dividends paid to them by the entity on new issues of stock by the entity. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Equity impact of the value of new stock issued during the period. Includes shares issued in an initial public offering or a secondary public offering. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Amount of equity (deficit) attributable to parent. Excludes temporary equity and equity attributable to noncontrolling interest. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition The increase (decrease) in stockholders' equity during the period. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Amount of unrealized gain (loss) on investment. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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