v3.26.3
Consolidated Statements of Operations (unaudited) - USD ($)
 3 Months Ended 9 Months Ended
Sep. 30, 2026
Sep. 30, 2025
Sep. 30, 2026
Sep. 30, 2025
Investment Income        
Total Investment Income $ 40,239,179 $ 47,747,981 $ 124,403,484 $ 137,335,882
Expenses        
Interest expense 15,517,728 15,657,834 46,070,195 46,775,144
Management fees 2,532,526 2,522,056 7,514,438 7,429,497
Administration fees 509,449 504,533 1,505,824 1,485,808
Custodian fees 1,674 623 10,407 2,849
Board of Directors' fees 51,290 77,354 164,868 252,043
Professional fees 377,583 517,647 1,394,689 1,247,587
Registration fees 3,482 0 3,482 0
Other general and administrative expenses 602,525 230,192 1,084,418 679,059
Total Expenses Before Reductions 19,596,257 19,510,239 57,748,321 57,871,987
Expense reimbursement (support) (126,540) (299,545) (760,450) (676,409)
Net Expenses 19,469,717 19,210,694 56,987,871 57,195,578
Net Investment Income (Loss) Before Taxes 20,769,462 28,537,287 67,415,613 80,140,304
Net change in provision (benefit) for income and excise taxes 3,205 2,700 108,393 140,424
Net Investment Income (Loss) After Taxes 20,766,257 28,534,587 67,307,220 79,999,880
Net Realized and Change in Unrealized Gains (Losses)        
Net realized gain (loss) on non-controlled / non-affiliate investments     (34,502,390) 2,740,198
Net realized gain (loss) on foreign currency transactions 2 (39) (288) 145
Benefit (provision) for taxes on realized gain on investments 0 (3) 0 (3)
Net realized gain (loss) (34,948,753) 1,978,618 (34,502,678) 2,740,340
Net change in unrealized appreciation (depreciation) on foreign currency translation (4,614) 282 (5,483) 119
Net change in benefit (provision) for deferred taxes on unrealized appreciation (depreciation) on investments (15,980) (156,375) 257,548 (230,749)
Net change in unrealized appreciation (depreciation) 34,119,058 (17,355,575) 28,919,293 (29,788,534)
Net Realized and Change in Unrealized Gains (Losses) (829,695) (15,376,957) (5,583,385) (27,048,194)
Net increase (decrease) in net assets resulting from operations 19,936,562 13,157,630 61,723,835 52,951,686
Non-controlled / non-affiliated investments        
Investment Income        
Interest income 39,280,637 47,176,402 121,740,190 134,916,615
Dividend income 249,749 50,442 649,052 714,486
Other income 542,623 521,137 1,848,072 1,704,781
Net Realized and Change in Unrealized Gains (Losses)        
Net realized gain (loss) on non-controlled / non-affiliate investments (34,948,755) 1,978,660 (34,502,390) 2,740,198
Net change in unrealized appreciation (depreciation) 33,036,767 (17,199,482) 27,564,343 (29,557,904)
Non-controlled / affiliate investments        
Investment Income        
Interest income 166,170 0 166,170 0
Net Realized and Change in Unrealized Gains (Losses)        
Net change in unrealized appreciation (depreciation) $ 1,102,885 $ 0 $ 1,102,885 $ 0