XML 13 R4.htm IDEA: XBRL DOCUMENT v3.23.1
CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Investment income:    
Payment-in-kind interest income $ 321 $ 142
Dividend income 16 0
Other income 236 213
Expenses:    
Interest and debt financing expenses 12,743 3,021
Management fees (See Note 4) 2,306 1,520
Professional fees 590 181
Directors' fees 96 96
Administration fees (See Note 4) 309 216
Other general and administrative expenses 557 59
Total expenses before expense support 16,601 5,093
Expense support (See Note 4) (14) (51)
Net expenses after expense support 16,587 5,042
Net investment income 17,373 9,097
Realized and unrealized gain (loss) on investments:    
Net realized gain (loss) on non-controlled/non-affiliated company investments 6,481 36
Net change in unrealized appreciation (depreciation) on non-controlled/non-affiliated company investments (11,137) (2,382)
Net increase (decrease) in net assets resulting from operations $ 12,717 $ 6,751
Per share data:    
Net investment income per share - basic (in dollars per share) $ 0.60 $ 0.44
Net investment income per share - diluted (in dollars per share) 0.60 0.44
Net increase (decrease) in net assets resulting from operations per share - basic and diluted (in dollars per share) $ 0.44 $ 0.33
Weighted average common shares outstanding - basic (in share) 28,727,285,000 20,511,480,000
Weighted average common shares outstanding - diluted (in shares) 28,727,285,000 20,511,480,000
Non-controlled/Non-affiliated    
Investment income:    
Interest income $ 33,387 $ 13,784
Payment-in-kind interest income 321 142
Dividend income 16 0
Other income 236 213
Total investment income 33,960 14,139
Realized and unrealized gain (loss) on investments:    
Net realized gain (loss) on non-controlled/non-affiliated company investments 6,481 36
Net change in unrealized appreciation (depreciation) on non-controlled/non-affiliated company investments (11,137) (2,382)
Total net realized and unrealized gain (loss) on investments $ (4,656) $ (2,346)