CORPORATE DEBT (Tables)

9 Months Ended

Sep. 30, 2017

Investments, Debt and Equity Securities [Abstract]

Schedule of Industry and Rate Sensitivity

The industry and rate sensitivity dispersion of the portfolio as of September 30, 2017 and December 31, 2016 are as follows:

	Industry Dispersion
	September 30, 2017						December 31, 2016
	Fixed Rate		Floating Rate		Total		Fixed Rate		Floating Rate		Total
	(dollars in thousands)
Aircraft and Parts	$	—	$	34,846	$	34,846	$	—	$	32,067	$	32,067
Coating, Engraving and Allied Services	—		63,643		63,643		—		—		—
Commercial Fishing	—		—		—		—		40,600		40,600
Computer Programming, Data Processing & Other Computer Related Services	—		149,005		149,005		—		146,547		146,547
Drugs	—		33,431		33,431		—		34,042		34,042
Electronic Components & Accessories	—		23,885		23,885		—		—		—
Groceries and Related Products	—		14,803		14,803		—		14,856		14,856
Grocery Stores	—		23,560		23,560		—		23,761		23,761
Home Health Care Services	—		23,893		23,893		—		39,205		39,205
Insurance Agents, Brokers and Services	4,604		72,555		77,159		4,391		73,267		77,658
Management and Public Relations Services	—		94,608		94,608		—		16,493		16,493
Medical and Dental Laboratories	—		25,990		25,990		—		17,292		17,292
Miscellaneous Business Services	—		19,754		19,754		84,486		—		84,486
Miscellaneous Equipment Rental and Leasing	—		19,651		19,651		—		—		—
Miscellaneous Health and Allied Services, not elsewhere classified	—		25,982		25,982		—		9,791		9,791
Miscellaneous Nonmetallic Minerals, except Fuels	—		25,931		25,931		—		24,688		24,688
Miscellaneous Plastic Products	—		9,978		9,978		—		27,036		27,036
Motor Vehicles and Motor Vehicle Parts and Supplies	—		12,230		12,230		—		12,319		12,319
Offices and Clinics of Doctors of Medicine	—		59,991		59,991		—		83,386		83,386
Offices and Clinics of Other Health Practitioners	—		7,397		7,397		—		—		—
Personnel Supply Services	—		—		—		—		36,921		36,921
Public Warehousing and Storage	—		40,900		40,900		—		—		—
Research, Development and Testing Services	—		17,732		17,732		—		17,744		17,744
Schools and Educational Services, not elsewhere classified	—		20,941		20,941		—		20,979		20,979
Surgical, Medical, and Dental Instruments and Supplies	—		12,961		12,961		—		13,403		13,403
Telephone Communications	—		17,839		17,839		—		—		—
Total	$	4,604	$	851,506	$	856,110	$	88,877	$	684,397	$	773,274

Aggregate positions by Respective Place in the Capital Structure of the Borrowers

The table below reflects the Company’s aggregate positions by their respective place in the capital structure of the borrowers at September 30, 2017 and December 31, 2016.

	September 30, 2017		December 31, 2016
	(dollars in thousands)
First lien loans	$	542,776	$	505,956
Second lien loans	308,730		178,441
Second lien notes	—		84,486
Subordinated notes	4,604		4,391
Total	$	856,110	$	773,274