Income Taxes (Tables)

3 Months Ended

Sep. 30, 2022

Income Tax Disclosure [Abstract]

Schedule of Dividends Paid

For income tax purposes, dividends paid and distributions made to stockholders are reported as ordinary income, capital gains, non-taxable return of capital, or a combination thereof. The tax character of dividends paid to common stockholders during the tax years ended August 31, 2022, 2021, and 2020 were as follows:

	Tax Year Ended August 31,
	2022			2021		2020
Ordinary income	$	230,743		$	251,171	$	169,041
Capital gain	50,960			—		—
Return of capital	—			25,784		96,720
Total dividends paid to common stockholders	$	281,703	(1)	$	276,955	$	265,761

(1) Final determination of tax character will not be final until we file our return for the tax year ended August 31, 2022.

The Company began issuing shares of Preferred Stock and declaring dividends on shares Preferred Stock outstanding during the tax year ended August 31, 2021. The tax character of dividends paid to preferred stockholders during the tax year ended August 31, 2022 and August 31, 2021 were as follows:

	Tax Year Ended August 31, 2022			Tax Year Ended August 31, 2021
Ordinary income	$	23,776		$	2,391
Capital gain	5,251			—
Return of capital	—			—
Total dividends paid to preferred stockholders	$	29,027	(2)	$	2,391

(2) Final determination of tax character will not be final until we file our return for the tax year ended August 31, 2022.

Schedule of Reconciliation of Net Increase in Net Assets Resulting from Operations to Taxable Income

The following reconciles the net increase in net assets resulting from operations to taxable income for the tax years ended August 31, 2022, 2021, and 2020:

	Tax Year Ended August 31,
	2022			2021		2020
Net increase (decrease) in net assets resulting from operations	$	735,343		$	428,106	$	(78,949)
Net realized (gains) losses on investments	22,375			16,173		10,139
Net unrealized (gains) losses on investments	(405,414)			(143,654)		328,997
Other temporary book-to-tax differences	(76,361)			(47,330)		(91,368)
Permanent differences	30			(20)		57
Taxable income before deductions for distributions	$	275,973	(3)	$	253,275	$	168,876

(3) Final determination of permanent differences will not be final until we file our return for the tax year ended August 31, 2022.