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CONSOLIDATED STATEMENTS OF ASSETS AND LIABILITIES - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
Investments    
Non-controlled/non-affiliated company investments, at fair value (amortized cost of $1,666,169 and $1,225,573, respectively) $ 1,641,686 $ 1,200,376
Cash and cash equivalents 67,395 39,270
Restricted cash 50 50
Due from adviser expense support (See Note 5) 0 1,147
Interest receivable 17,674 11,898
Receivable for investments sold 3,919 719
Contribution receivable 127 458
Prepaid expenses 13 41
Total assets 1,730,864 1,253,959
Liabilities    
Secured borrowings (net of $7,941 and $5,675 deferred financing costs, respectively) (See Note 6) 943,936 699,772
Payable for investments purchased 0 56
Interest payable 9,837 8,812
Due to adviser expense support (See Note 5) 632 1,147
Management fees payable 3,006 2,211
Distributions payable 22,683 14,325
Directors’ fees payable 96 96
Accounts payable and accrued expenses 2,789 2,583
Total liabilities 982,979 729,002
Commitments and contingencies (See Note 7)
Net Assets: (See Note 8)    
Common shares, $0.01 par value, 500,000,000 and 500,000,000 shares authorized, 41,242,105 and 28,650,548 shares issued and outstanding as of December 31, 2023 and December 31, 2022, respectively 412 287
Paid-in-capital in excess of par value 776,719 548,600
Total distributable earnings (loss) (29,246) (23,930)
Total net assets 747,885 524,957
Total liabilities and net assets $ 1,730,864 $ 1,253,959
Net asset value per share (in dollars per share) $ 18.13 $ 18.32
Non-controlled/Non-affiliated    
Investments    
Non-controlled/non-affiliated company investments, at fair value (amortized cost of $1,666,169 and $1,225,573, respectively) $ 1,641,686 $ 1,200,376