Detailed below is unaudited quarterly financial data for the years ended December 31, 2017 and 2016.



	Three Month Period Ended
	March 31, 2017			June 30, 2017			September 30, 2017			December 31, 2017
(In thousands except per share amounts)
INVESTMENT INCOME
Interest income	$	22,886		$	21,788		$	21,145		$	23,810
Other income	939			872			1,232			1,288
Total investment income	23,825			22,660			22,377			25,098
EXPENSES
Base management fee to affiliate⁽¹⁾	2,410			2,372			2,161			2,113
Interest expense	6,003			7,625			8,166			9,326
Other investment related expenses	1,521			2,058			1,908			4,267
Other operating expenses	2,116			2,173			2,240			2,333
Total expenses	12,050			14,228			14,475			18,039
NET INVESTMENT INCOME	11,775			8,432			7,902			7,059
NET REALIZED AND CHANGE IN NET UNREALIZED GAIN (LOSS) ON INVESTMENTS, FINANCIAL DERIVATIVES, AND FOREIGN CURRENCY TRANSACTIONS/TRANSLATION
Net realized gain (loss) on investments, financial derivatives, and foreign currency transactions	(831		)	(5,347		)	1,205			(5,831		)
Change in net unrealized gain (loss) on investments, financial derivatives, and foreign currency translation	4,786			2,356			(2,512		)	6,970
NET REALIZED AND UNREALIZED GAIN (LOSS) ON INVESTMENTS, FINANCIAL DERIVATIVES, AND FOREIGN CURRENCY	3,955			(2,991		)	(1,307		)	1,139
NET INCREASE (DECREASE) IN EQUITY RESULTING FROM OPERATIONS	15,730			5,441			6,595			8,198
LESS: NET INCREASE IN EQUITY RESULTING FROM OPERATIONS ATTRIBUTABLE TO NON-CONTROLLING INTERESTS	452			377			400			754
NET INCREASE (DECREASE) IN SHAREHOLDERS' EQUITY RESULTING FROM OPERATIONS	$	15,278		$	5,064		$	6,195		$	7,444
NET INCREASE (DECREASE) IN SHAREHOLDERS' EQUITY RESULTING FROM OPERATIONS PER SHARE:
Basic and Diluted⁽²⁾	$	0.47		$	0.16		$	0.19		$	0.23


(1)	Net of management fee rebate of $0.2 million for the each of the three month periods ended September 30, 2017 and December 31, 2017, respectively. See Note 9 for further details on management fee rebates.


(2)	For the year ended December 31, 2017 the sum of EPS for the four quarters of the year does not equal EPS as calculated for the entire year (see Note 13) as a result of changes in shares during the year due to repurchases of common share, as EPS is calculated using average shares outstanding during the period.



	Three Month Period Ended
	March 31, 2016			June 30, 2016			September 30, 2016			December 31, 2016
(In thousands except per share amounts)
INVESTMENT INCOME
Interest income	$	20,427		$	18,990		$	16,662		$	18,265
Other income	1,668			1,024			807			2,342
Total investment income	22,095			20,014			17,469			20,607
EXPENSES
Base management fee to affiliate	2,611			2,553			2,485			2,416
Interest expense	3,468			4,234			4,143			4,461
Other investment related expenses	1,749			2,191			2,068			2,062
Other operating expenses	2,445			2,515			2,379			2,640
Total expenses	10,273			11,493			11,075			11,579
NET INVESTMENT INCOME	11,822			8,521			6,394			9,028
NET REALIZED AND CHANGE IN NET UNREALIZED GAIN (LOSS) ON INVESTMENTS, FINANCIAL DERIVATIVES, AND FOREIGN CURRENCY TRANSACTIONS/TRANSLATION
Net realized gain (loss) on investments, financial derivatives, and foreign currency transactions	(11,940		)	(2,331		)	(23,020		)	(2,242		)
Change in net unrealized gain (loss) on investments, financial derivatives, and foreign currency translation	(23,068		)	(1,188		)	17,176			(4,854		)
NET REALIZED AND UNREALIZED GAIN (LOSS) ON INVESTMENTS, FINANCIAL DERIVATIVES, AND FOREIGN CURRENCY	(35,008		)	(3,519		)	(5,844		)	(7,096		)
NET INCREASE (DECREASE) IN EQUITY RESULTING FROM OPERATIONS	(23,186		)	5,002			550			1,932
LESS: NET INCREASE IN EQUITY RESULTING FROM OPERATIONS ATTRIBUTABLE TO NON-CONTROLLING INTERESTS	14			17			34			240
NET INCREASE (DECREASE) IN SHAREHOLDERS' EQUITY RESULTING FROM OPERATIONS	$	(23,200	)	$	4,985		$	516		$	1,692
NET INCREASE (DECREASE) IN SHAREHOLDERS' EQUITY RESULTING FROM OPERATIONS PER SHARE:
Basic and Diluted	$	(0.69	)	$	0.15		$	0.02		$	0.05