XML 11 R2.htm IDEA: XBRL DOCUMENT v3.23.2
CONSOLIDATED STATEMENTS OF ASSETS AND LIABILITIES - USD ($)
$ in Thousands
Jun. 30, 2023
Dec. 31, 2022
Investments    
Non-controlled/non-affiliated company investments, at fair value (amortized cost of $1,391,333 and $1,225,573, respectively) $ 1,386,107 [1] $ 1,217,948 [2]
Cash and cash equivalents 45,448 39,270
Restricted cash 50 50
Due from adviser expense support (See Note 4) 865 1,147
Interest receivable 13,076 11,898
Receivable for investments sold 766 719
Contribution receivable 3 458
Prepaid expenses 100 41
Total assets 1,411,065 1,253,959
Liabilities    
Secured borrowings (net of $6,897 and $5,675 deferred financing costs, respectively) (See Note 5) 818,550 699,772
Payable for investments purchased 0 56
Interest payable 11,321 8,812
Due to adviser expense support (See Note 4) 1,101 1,147
Management fees payable 2,474 2,211
Distributions payable 17,105 14,325
Directors’ fees payable 96 96
Accounts payable and accrued expenses 2,921 2,583
Total liabilities 853,568 729,002
Commitments and contingencies (See Note 6)
Net Assets: (See Note 7)    
Common shares, $0.01 par value, 500,000,000 and 500,000,000 shares authorized, 31,099,618 and 28,650,548 shares issued and outstanding as of June 30, 2023 and December 31, 2022, respectively 311 287
Paid-in-capital in excess of par value 593,043 548,600
Total distributable earnings (loss) (35,857) (23,930)
Total net assets 557,497 524,957
Total liabilities and net assets $ 1,411,065 $ 1,253,959
Net asset value per share (in dollars per share) $ 17.93 $ 18.32
Non-controlled/Non-affiliated    
Investments    
Non-controlled/non-affiliated company investments, at fair value (amortized cost of $1,391,333 and $1,225,573, respectively) $ 1,350,757 $ 1,200,376
[1] Investment valued using unobservable inputs (Level 3). See Note 2 “Significant Accounting Policies – Valuation of Portfolio Investments” and Note 3 "Fair Value Measurements" for more information.
[2] Investment valued using unobservable inputs (Level 3). See Note 2 “Significant Accounting Policies – Valuation of Portfolio Investments” and Note 3 "Fair Value Measurements" for more information.