v3.26.3
Consolidated Statements of Cash Flows (unaudited) - USD ($)
 9 Months Ended
Sep. 30, 2026
Sep. 30, 2025
Cash Flows from Operating Activities:    
Net increase (decrease) in net assets resulting from operations $ 61,723,835 $ 52,951,686
Adjustments to reconcile net increase (decrease) in net assets resulting from operations to net cash provided by (used in) operating activities:    
Payments for purchases of investments (273,238,048) (306,442,327)
Proceeds from sales of investments and principal repayments 226,465,020 334,953,871
Net proceeds (payments) from sales (purchases) of short-term securities 6,509,049 (5,590,144)
Net realized (gain) loss on investments 34,502,390 (2,740,198)
Net realized (gain) loss on foreign currency transactions 288 (145)
Net change in unrealized (appreciation) depreciation on investments (28,667,228) 29,557,904
Net change in unrealized (appreciation) depreciation on foreign currency translation 5,483 (119)
Payment-in-kind interest capitalized (3,867,068) (4,833,253)
Net accretion of discount and amortization of premium (7,789,960) (7,425,334)
Amortization of deferred financing costs 3,212,153 1,491,434
Changes in operating assets and liabilities    
(Increase) decrease in receivables from sales and paydowns of investments 828,525 2,067,823
(Increase) decrease in interest receivable 2,526,200 (1,479,422)
(Increase) decrease in dividend receivable (49,869) 0
(Increase) decrease in prepaid expenses and other assets 53,696 133,484
Increase (decrease) in due to custodian 0 (155,575)
Increase (decrease) in payable for purchases of investments (217,916) (25,254)
Increase (decrease) in interest payable (4,347,994) (2,326,909)
Increase (decrease) in management fee payable 30,990 42,585
Increase (decrease) in due to affiliates, net 122,177 (55,464)
Increase (decrease) in other accounts payable and accrued liabilities 6,313 (178,218)
Net Cash Provided by (Used in) Operating Activities 17,808,036 89,946,425
Cash Flows from Financing Activities    
Payment of financing costs (3,333,598) (5,307,664)
Capital contributions 0 50,286,000
Repurchased units (6,368,624) (18,917,680)
Capital distributions (26,624,219) (33,296,138)
Proceeds from borrowings 390,000,000 150,400,000
Repayment of borrowings (380,025,914) (223,408,946)
Net Cash Provided by (Used in) Financing Activities (26,352,355) (80,244,428)
Net increase (decrease) in Cash and Foreign cash (8,544,319) 9,701,997
Effect of foreign currency exchange rates changes on cash (5,771) 264
Cash and Foreign cash, beginning of period 34,131,134 33,818,898
Cash and Foreign cash, End of the Period 25,581,044 43,521,159
Supplemental Information and Non-Cash Financing Activities    
Non-cash distributions 33,473,041 34,775,775
Reinvestment of distributions (33,473,041) (34,775,775)
Non-cash purchases of payment-in-kind securities 33,473,041 34,775,775
Cash paid for state and federal taxes 401,150 514,600
Cash paid for interest expense 47,206,036 47,610,619
Net assets (exclusive of cash) acquired as a result of reorganization and merger 1,030,338 0
Non-cash exchanges of investments 30,231,576 0
Debt Securities [Member]    
Supplemental Information and Non-Cash Financing Activities    
Non-cash distributions 3,867,068 4,833,253
Non-cash purchases of payment-in-kind securities 3,867,068 4,833,253
Non-cash interest income from payment-in-kind securities $ (3,867,068) $ (4,833,253)