10-Q

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, DC 20549

FORM 10-Q

(Mark One)

☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934.

For the quarterly period ended June 30, 2023

OR

☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934.

For the transition period from to

Commission file number 814-00712

BLACKROCK CAPITAL INVESTMENT CORPORATION

(Exact Name of Registrant as Specified in Its Charter)

Delaware	20-2725151
(State or Other Jurisdiction of Incorporation or Organization)	(I.R.S. Employer Identification No.)
50 Hudson Yards, New York, NY	10001
(Address of Principal Executive Offices)	(Zip Code)

Registrant’s Telephone Number, Including Area Code: 212-810-5800

Indicate by check mark whether the Registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the Registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes ☑ No ☐

Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files). Yes ☑ No ☐

Indicate by check mark whether the Registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and “emerging growth company” in Rule 12b-2 of the Exchange Act.

Large accelerated filer ☐ Accelerated filer ☐ Non-Accelerated filer ☑

Smaller reporting company ☐ Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Indicate by check mark whether the Registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes ☐ No ☑

Securities registered pursuant to Section 12(b) of the Act:

Title of each class	Trading symbol(s)	Name of each exchange on which registered
Common Stock, $0.001 par value	BKCC	NASDAQ Global Select Market

The number of shares of the Registrant’s common stock, $.001 par value per share, outstanding at August 1, 2023 was 72,571,907.

BLACKROCK CAPITAL INVESTMENT CORPORATION

FORM 10-Q

FOR THE THREE AND SIX MONTHS ENDED JUNE 30, 2023

Table of Contents

	INDEX	PAGE NO.
PART I.	FINANCIAL INFORMATION
Item 1.	CONSOLIDATED FINANCIAL STATEMENTS	3
	Consolidated Statements of Assets and Liabilities as of June 30, 2023 (unaudited) and December 31, 2022	3
	Consolidated Statements of Operations for the three and six months ended June 30, 2023 (unaudited) and June 30, 2022 (unaudited)	4
	Consolidated Statements of Changes in Net Assets for the three and six months ended June 30, 2023 (unaudited) and June 30, 2022 (unaudited)	5
	Consolidated Statements of Cash Flows for the six months ended June 30, 2023 (unaudited) and June 30, 2022 (unaudited)	6
	Consolidated Schedules of Investments as of June 30, 2023 (unaudited) and December 31, 2022	7
	Notes to Consolidated Financial Statements (unaudited)	25
Item 2.	Management’s Discussion and Analysis of Financial Condition and Results of Operations	45
Item 3.	Quantitative and Qualitative Disclosures About Market Risk	55
Item 4.	Controls and Procedures	56
PART II.	OTHER INFORMATION
Item 1.	Legal Proceedings	57
Item 1A.	Risk Factors	57
Item 2.	Unregistered Sales of Equity Securities and Use of Proceeds	57
Item 3.	Defaults Upon Senior Securities	57
Item 4.	Mine Safety Disclosures	57
Item 5.	Other Information	58
Item 6.	Exhibits	59
SIGNATURES		60

2

PART I. FINANCIAL INFORMATION

In this Quarterly Report, “Company”, “we”, “us” and “our” refer to BlackRock Capital Investment Corporation unless the context states otherwise.

Item 1. Consolidated Financial Statements

BlackRock Capital Investment Corporation

Consolidated Statements of Assets and Liabilities

	June 30, 2023			December 31, 2022
	(Unaudited)
Assets
Investments at fair value:
Non-controlled, non-affiliated investments (cost of $605,038,194 and $569,528,145)	$	580,838,411		$	551,686,646
Non-controlled, affiliated investments (cost of $1,139,598 and $3,849,638)		—			3,574,438
Controlled investments (cost of $84,419,465 and $84,922,381)		14,999,000			15,228,000
Total investments at fair value (cost of $690,597,257 and $658,300,164)		595,837,411			570,489,084
Cash and cash equivalents		12,405,398			9,531,190
Interest, dividends and fees receivable		6,836,319			5,515,446
Due from broker		2,097,000			1,946,507
Deferred debt issuance costs		1,347,337			1,055,117
Receivable for investments sold		36,986			12,096
Prepaid expenses and other assets		403,727			510,706
Total assets	$	618,964,178		$	589,060,146
Liabilities
Debt (net of deferred issuance costs of $828,843 and $996,839)	$	283,171,157		$	253,003,161
Dividends payable		7,257,191			7,257,191
Income incentive fees payable (see Note 3)		7,165,434			3,403,349
Management fees payable		2,221,908			2,186,540
Interest and debt related payables		1,698,635			738,719
Interest Rate Swap at fair value		1,445,045			1,332,299
Accrued administrative expenses		288,454			397,299
Payable for investments purchased		1,463			600,391
Accrued expenses and other liabilities		1,685,832			1,618,844
Total liabilities		304,935,119			270,537,793
Commitments and contingencies (see Note 9)
Net assets
Common stock, par value $.001 per share, 200,000,000 common shares authorized, 84,481,797 issued and 72,571,907 outstanding		84,482			84,482
Paid-in capital in excess of par		850,199,351			850,199,351
Distributable earnings (losses)		(462,881,072	)		(458,387,778	)
Treasury stock at cost, 11,909,890 shares held		(73,373,702	)		(73,373,702	)
Total net assets		314,029,059			318,522,353
Total liabilities and net assets	$	618,964,178		$	589,060,146
Net assets per share	$	4.33		$	4.39

The accompanying notes are an integral part of these consolidated financial statements.

3

BlackRock Capital Investment Corporation

Consolidated Statements of Operations

(Unaudited)

	Three Months Ended						Six Months Ended
	June 30, 2023			June 30, 2022			June 30, 2023			June 30, 2022
Investment income
Interest income (excluding PIK):
Non-controlled, non-affiliated investments	$	18,541,747		$	11,646,011		$	35,954,222		$	23,252,914
PIK interest income:
Non-controlled, non-affiliated investments		999,236			126,140			2,028,467			249,158
Non-controlled, affiliated investments		—			116,572			31,794			232,468
PIK dividend income:
Non-controlled, non-affiliated investments		89,040			78,729			175,382			154,611
Other income:
Non-controlled, non-affiliated investments		311,438			301,503			515,561			562,091
Total investment income		19,941,461			12,268,955			38,705,426			24,451,242
Operating expenses
Interest and other debt expenses		5,482,450			2,860,691			10,200,681			5,589,642
Management fees		2,221,908			1,947,167			4,352,380			4,007,031
Incentive fees on income		1,886,182			69,343			3,762,085			88,356
Incentive fees on capital gains(1)		—			(1,073,068	)		—			(1,544,569	)
Director fees		299,375			153,125			449,000			306,250
Administrative expenses		288,454			299,262			581,088			664,769
Professional fees		249,734			207,489			443,161			510,346
Insurance expense		162,746			196,114			323,703			395,872
Investment advisor expenses		17,094			25,819			34,187			51,638
Other operating expenses		423,298			462,797			787,429			766,596
Total expenses		11,031,241			5,148,739			20,933,714			10,835,931
Net investment income(1)		8,910,220			7,120,216			17,771,712			13,615,311
Realized and unrealized gain (loss) on investments and Interest Rate Swap
Net realized gain (loss):
Non-controlled, non-affiliated investments		195,593			—			37,802			825,913
Non-controlled, affiliated investments		—			—			(441,906	)		—
Net realized gain (loss)		195,593			—			(404,104	)		825,913
Net change in unrealized appreciation (depreciation):
Non-controlled, non-affiliated investments		(6,866,500	)		(9,875,353	)		(6,358,284	)		(12,412,374	)
Non-controlled, affiliated investments		—			(352,787	)		(864,398	)		229,671
Controlled investments		(171,084	)		766,458			273,916			922,387
Interest Rate Swap		(564,538	)		(198,694	)		(397,754	)		(198,694	)
Net change in unrealized appreciation (depreciation)		(7,602,122	)		(9,660,376	)		(7,346,520	)		(11,459,010	)
Net realized and unrealized gain (loss)		(7,406,529	)		(9,660,376	)		(7,750,624	)		(10,633,097	)
Net increase (decrease) in net assets resulting from operations	$	1,503,691		$	(2,540,160	)	$	10,021,088		$	2,982,214
Net investment income per share—basic(1)	$	0.12		$	0.10		$	0.24		$	0.18
Earnings (loss) per share—basic(1)	$	0.02		$	(0.03	)	$	0.14		$	0.04
Weighted average shares outstanding—basic		72,571,907			73,667,822			72,571,907			73,744,580
Net investment income per share—diluted(1)(2)	$	0.12		$	0.10		$	0.24		$	0.18
Earnings (loss) per share—diluted(1)(2)	$	0.02		$	(0.03	)	$	0.14		$	0.04
Weighted average shares outstanding—diluted		72,571,907			87,860,082			72,571,907			89,329,839

(1)Net investment income and per share amounts displayed above are net of the reversal for incentive fees on capital gains which is reflected on a hypothetical liquidation basis in accordance with GAAP for the three and six month periods ended June 30, 2022 (see Note 3).

(2)For the three and six month periods ended June 30, 2022, the impact of the hypothetical conversion of the 2022 Convertible Notes was antidilutive (see Note 8).

The accompanying notes are an integral part of these consolidated financial statements.

4

BlackRock Capital Investment Corporation

Consolidated Statements of Changes in Net Assets

(Unaudited)

	Common Stock
	Shares Outstanding		Par Amount, Shares Issued		Paid in Capital in Excess of Par		Distributable earnings (loss)			Treasury Stock at Cost			Total Net Assets
Balance at December 31, 2022		72,571,907	$	84,482	$	850,199,351	$	(458,387,778	)	$	(73,373,702	)	$	318,522,353
Net investment income	—		—		—			8,861,492		—				8,861,492
Net realized and unrealized gain (loss)	—		—		—			(344,095	)	—				(344,095	)
Dividends to common stockholders(2)	—		—		—			(7,257,191	)	—				(7,257,191	)
Balance at March 31, 2023		72,571,907	$	84,482	$	850,199,351	$	(457,127,572	)	$	(73,373,702	)	$	319,782,559
Net investment income	—		—		—			8,910,220		—				8,910,220
Net realized and unrealized gain (loss)	—		—		—			(7,406,529	)	—				(7,406,529	)
Dividends to common stockholders(2)	—		—		—			(7,257,191	)	—				(7,257,191	)
Balance at June 30, 2023		72,571,907	$	84,482	$	850,199,351	$	(462,881,072	)	$	(73,373,702	)	$	314,029,059

	Common Stock
	Shares Outstanding			Par Amount, Shares Issued		Paid in Capital in Excess of Par			Distributable earnings (loss)			Treasury Stock at Cost			Total Net Assets
Balance at December 31, 2021		73,876,987		$	84,478	$	852,360,178		$	(434,303,297	)	$	(68,489,386	)	$	349,651,973
Cumulative effect of adjustment for the adoption of ASU 2020-06(1)	—			—			(4,337,631	)		3,888,233		—				(449,398	)
Repurchase of common stock		(106,308	)	—		—			—				(440,237	)		(440,237	)
Net investment income	—			—		—				6,495,095		—				6,495,095
Net realized and unrealized gain (loss)	—			—		—				(972,721	)	—				(972,721	)
Dividends to common stockholders(2)	—			—		—				(7,380,270	)	—				(7,380,270	)
Balance at March 31, 2022		73,770,679		$	84,478	$	848,022,547		$	(432,272,960	)	$	(68,929,623	)	$	346,904,442
Repurchase of common stock		(420,083	)	—		—			—				(1,586,451	)		(1,586,451	)
Issuance of common stock from the conversion of the 2022 Convertible Notes		3,546			4		29,996		—			—				30,000
Net investment income	—			—		—				7,120,216		—				7,120,216
Net realized and unrealized gain (loss)	—			—		—				(9,660,376	)	—				(9,660,376	)
Dividends to common stockholders(2)	—			—		—				(7,363,184	)	—				(7,363,184	)
Balance at June 30, 2022		73,354,142		$	84,482	$	848,052,543		$	(442,176,304	)	$	(70,516,074	)	$	335,444,647

(1)See Note 4 for further information related to the adoption of ASU 2020-06.

(2)Sources of dividends to stockholders will be adjusted on an annual basis, if necessary, and calculated in accordance with federal income tax regulations (see Note 2). For both the three month periods ended June 30, 2023 and March 31, 2023, it is estimated that there was no return of capital based on book income.

The accompanying notes are an integral part of these consolidated financial statements.

5

BlackRock Capital Investment Corporation

Consolidated Statements of Cash Flows

(Unaudited)

	Six Months Ended
	June 30, 2023			June 30, 2022
Operating activities
Net increase (decrease) in net assets resulting from operations	$	10,021,088		$	2,982,214
Adjustments to reconcile net increase (decrease) in net assets resulting from operations to net cash provided by (used in) operating activities:
Net realized (gain) loss		404,104			(825,913	)
Net change in unrealized (appreciation) depreciation of investments		6,948,766			11,260,316
Net change in unrealized (appreciation) depreciation on Interest Rate Swap		397,754			198,694
Interest and dividend income paid in kind		(2,235,643	)		(636,237	)
Net amortization of investment discounts and premiums		(1,516,503	)		(1,532,581	)
Amortization of deferred debt issuance costs		445,104			668,747
Changes in assets and liabilities:
Purchase of investments		(56,752,397	)		(116,857,948	)
Proceeds from disposition of investments		27,226,737			103,762,076
Decrease (increase) in interest, dividends and fees receivable		(744,265	)		921,005
Decrease (increase) in due from broker		(82,233	)		(1,097,291	)
Decrease (increase) in receivable for investments sold		(24,890	)		609,516
Decrease (increase) in prepaid expenses and other assets		106,979			409,973
Increase (decrease) in payable for investments purchased		(598,928	)		(11,082,281	)
Increase (decrease) in interest and debt related payables		959,916			137,774
Increase (decrease) in management fees payable		35,368			(175,352	)
Increase (decrease) in income incentive fees payable		3,762,085			(100,659	)
Increase (decrease) in accrued capital gains incentive fees		—			(1,544,569	)
Increase (decrease) in Interest Rate Swap at fair value		(353,268	)		—
Increase (decrease) in accrued administrative expenses		(108,845	)		(84,963	)
Increase (decrease) in accrued expenses and other liabilities		66,988			(88,671	)
Net cash provided by (used in) operating activities		(12,042,083	)		(13,076,150	)
Financing activities
Repayment of 2022 Convertible Notes		—			(143,720,000	)
Proceeds from issuance of 2025 Private Placement Notes		—			92,000,000
Draws on Credit Facility		50,000,000			160,000,000
Repayments of Credit Facility draws		(20,000,000	)		(68,000,000	)
Dividends paid to common stockholders		(14,514,382	)		(14,773,242	)
Repurchase of common shares		—			(2,026,688	)
Payments of debt issuance costs		(569,327	)		(796,172	)
Net cash provided by (used in) financing activities		14,916,291			22,683,898
Net increase (decrease) in cash and cash equivalents		2,874,208			9,607,748
Cash and cash equivalents at beginning of period		9,531,190			12,750,121
Cash and cash equivalents at end of period	$	12,405,398		$	22,357,869
Supplemental cash flow information
Interest payments	$	8,584,893		$	4,330,110
Tax payments	$	81,001		$	60,464
Share issuance — conversion of 2022 Convertible Notes	$	—		$	30,000

The accompanying notes are an integral part of these consolidated financial statements.

6

BlackRock Capital Investment Corporation

Consolidated Schedules of Investments

June 30, 2023

(Unaudited)

Issuer(N/P)	Instrument	Ref(E)	Floor			Spread			Total Coupon			Maturity	Principal		Cost(A)			Fair Value(B)			Notes
Debt Investments
Automobiles
ALCV Purchaser, Inc. (AutoLenders)	First Lien Term Loan	LIBOR(Q)		1.00	%		6.75	%		12.23	%	4/15/2026	$	2,137,562	$	2,116,039		$	2,116,186
ALCV Purchaser, Inc. (AutoLenders)	First Lien Revolver	LIBOR(Q)		1.00	%		6.75	%		12.18	%	4/15/2026	$	233,430		231,528			231,096
																2,347,567			2,347,282
Building Products
Porcelain Acquisition Corporation (Paramount)	First Lien Term Loan	SOFR(Q)		1.00	%		5.75	%		11.34	%	4/30/2027	$	2,499,699		2,465,047			2,439,706
Capital Markets
Pico Quantitative Trading, LLC	First Lien Term Loan (1.0% Exit Fee)	SOFR(Q)		1.50	%		7.25	%		12.75	%	2/7/2025	$	500,000		491,888			504,500
Pico Quantitative Trading, LLC	First Lien Incremental Term Loan	SOFR(Q)		1.50	%		7.25	%		12.56	%	2/7/2025	$	560,228		544,549			560,228
																1,036,437			1,064,728
Commercial Services & Supplies
Kellermeyer Bergensons Services, LLC	First Lien Term Loan	LIBOR(Q)		1.00	%		6.00	%		11.27	%	11/7/2026	$	1,576,797		1,570,202			1,455,384
Kellermeyer Bergensons Services, LLC	First Lien Delayed Draw Term Loan A	LIBOR(Q)		1.00	%		6.00	%		11.27	%	11/7/2026	$	346,911		345,363			320,199
Kellermeyer Bergensons Services, LLC	First Lien Delayed Draw Term Loan B	LIBOR(Q)		1.00	%		6.00	%		11.27	%	11/7/2026	$	480,498		478,383			443,500
Pueblo Mechanical and Controls, LLC	First Lien Term Loan	SOFR(Q)		0.75	%		6.00	%		11.16	%	8/23/2028	$	1,359,352		1,329,791			1,336,378
Pueblo Mechanical and Controls, LLC	First Lien Delayed Draw Term Loan	SOFR(Q)		0.75	%		6.00	%		11.15	%	8/23/2028	$	743,919		724,793			728,003		M
Pueblo Mechanical and Controls, LLC	First Lien Revolver	PRIME		0.75	%		5.00	%		13.25	%	8/23/2027	$	88,789		84,110			85,060		M
Thermostat Purchaser III, Inc. (Reedy Industries)	Second Lien Term Loan	SOFR(Q)		0.75	%		7.25	%		12.66	%	8/31/2029	$	2,615,252		2,582,841			2,437,415
Thermostat Purchaser III, Inc. (Reedy Industries)	Second Lien Delayed Draw Term Loan	SOFR(Q)		0.75	%		7.25	%		12.66	%	8/31/2029	$	—		(2,589	)		(30,432	)	M
																7,112,894			6,775,507
Construction & Engineering
CSG Buyer, Inc. (Core States)	First Lien Term Loan	SOFR(Q)		1.00	%		6.00	%		11.50	%	3/31/2028	$	3,258,608		3,193,436			3,154,332
CSG Buyer, Inc. (Core States)	First Lien Delayed Draw Term Loan	SOFR(Q)		1.00	%		6.00	%		11.50	%	3/31/2028	$	—		(10,731	)		(34,340	)	M
CSG Buyer, Inc. (Core States)	First Lien Revolver	SOFR(Q)		1.00	%		6.00	%		11.50	%	3/31/2028	$	—		(10,731	)		(17,170	)	M
Geo Parent Corporation	First Lien Term Loan	SOFR(S)		—			5.25	%		10.17	%	12/19/2025	$	739,091		726,008			713,223
Homerenew Buyer, Inc. (Project Dream)	First Lien Term Loan	SOFR(M)		1.00	%		6.50	%		11.70	%	11/23/2027	$	3,547,777		3,471,905			3,395,223
Homerenew Buyer, Inc. (Project Dream)	First Lien Delayed Draw Term Loan	SOFR(M)		1.00	%		6.50	%		11.73	%	11/23/2027	$	4,957,392		4,880,541			4,744,224
Homerenew Buyer, Inc. (Project Dream)	First Lien Revolver	SOFR(M)		1.00	%		6.50	%		11.69	%	11/23/2027	$	963,053		948,844			911,289		M
LJ Avalon Holdings, LLC (Ardurra)	First Lien Term Loan	SOFR(M)		1.00	%		6.50	%		11.51	%	2/1/2030	$	1,747,309		1,697,796			1,703,626
LJ Avalon Holdings, LLC (Ardurra)	First Lien Delayed Draw Term Loan	SOFR(M)		1.00	%		6.50	%		11.51	%	2/1/2030	$	—		(10,020	)		(17,754	)	M
LJ Avalon Holdings, LLC (Ardurra)	First Lien Revolver	SOFR(M)		1.00	%		6.50	%		11.51	%	2/1/2029	$	—		(7,936	)		(7,101	)	M
																14,879,112			14,545,552
Consumer Finance
Freedom Financial Network Funding, LLC	First Lien Term Loan	SOFR(S)		1.00	%		9.00	%		14.54	%	9/21/2027	$	5,193,335		5,076,429			4,985,601
Freedom Financial Network Funding, LLC	First Lien Delayed Draw Term Loan	SOFR(S)		1.00	%		9.00	%		14.20	%	9/21/2027	$	1,731,112		1,691,402			1,661,867
Lucky US BuyerCo LLC (Global Payments)	First Lien Term Loan	SOFR(Q)		1.00	%		7.50	%		12.39	%	3/30/2029	$	2,170,647		2,107,127			2,108,350
Lucky US BuyerCo LLC (Global Payments)	First Lien Revolver	SOFR(Q)		1.00	%		7.50	%		12.39	%	3/30/2029	$	—		(8,013	)		(7,976	)	M
Money Transfer Acquisition Inc.	First Lien Term Loan	SOFR(M)		1.00	%		8.25	%		13.45	%	12/14/2027	$	2,561,844		2,513,805			2,515,731
																11,380,750			11,263,573
Containers & Packaging
BW Holding, Inc. (Brook & Whittle)	Second Lien Term Loan	SOFR(Q)		0.75	%		7.50	%		12.91	%	12/14/2029	$	4,559,359		4,469,953			4,021,354
PVHC Holding Corp.	First Lien Term Loan	SOFR(Q)		1.00	%		4.75	%		10.14	%	8/2/2024	$	10,125,075		9,506,366			9,961,049
																13,976,319			13,982,403
Distributors
Colony Display LLC	First Lien Term Loan	SOFR(Q)		1.00	%	6.50% Cash + 3.00% PIK				15.00	%	6/30/2026	$	2,345,472		2,315,776			2,108,579		D
Diversified Consumer Services
Elevate Brands OpCo LLC	First Lien Delayed Draw Term Loan	SOFR(Q)		1.00	%		8.50	%		13.70	%	3/15/2027	$	7,900,096		7,824,017			7,900,095		M
Fusion Holding Corp. (Finalsite)	First Lien Term Loan	SOFR(Q)/(S)		0.75	%		6.25	%		11.55	%	9/14/2029	$	3,184,919		3,120,127			3,154,344
Fusion Holding Corp. (Finalsite)	First Lien Revolver	SOFR(Q)		0.75	%		6.25	%		11.55	%	9/15/2027	$	—		(4,957	)		(2,927	)	M
Razor Group GmbH (Germany)	First Lien Delayed Draw Term Loan	SOFR(M)		2.00	%	5.00% Cash + 5.00% PIK				15.32	%	4/30/2025	$	13,037,353		13,081,652			12,574,284		D/H/J/M

The accompanying notes are an integral part of these consolidated financial statements.

7

BlackRock Capital Investment Corporation

Consolidated Schedules of Investments—(Continued)

June 30, 2023

(Unaudited)

Issuer(N/P)	Instrument	Ref(E)	Floor			Spread			Total Coupon			Maturity	Principal		Cost(A)			Fair Value(B)			Notes
Debt Investments - Continued
Razor Group GmbH (Germany)	First Lien Sr Secured Convertible Term Loan	Fixed		—		3.50% Cash + 3.50% PIK				7.00	%	4/30/2025	$	1,666,962	$	1,666,962		$	1,775,314		D/H/J
SellerX Germany GmbH & Co. Kg (Germany)	First Lien Delayed Draw Term Loan	LIBOR(Q)		1.00	%	8.00% Cash + 3.00% PIK				16.54	%	11/23/2025	$	6,441,234		6,398,012			6,441,235		D/H/J/M
Thras.io, LLC	First Lien Term Loan	SOFR(Q)		1.00	%		7.00	%		12.50	%	12/18/2026	$	7,264,615		7,181,077			5,448,463		O
Thras.io, LLC	First Lien Delayed Draw Term Loan	SOFR(Q)		1.00	%		7.00	%		12.50	%	12/18/2026	$	3,044,985		2,995,991			2,283,740		O
Whele LLC (Perch)	First Lien Incremental Term Loan	SOFR(M)		1.00	%	8.50% Cash + 3.00% PIK				16.82	%	10/15/2025	$	6,531,157		6,559,614			5,466,578		D
																48,822,495			45,041,126
Diversified Financial Services
2-10 Holdco, Inc.	First Lien Term Loan	SOFR(M)		0.75	%		6.00	%		11.20	%	3/26/2026	$	6,438,127		6,367,528			6,320,309
2-10 Holdco, Inc.	First Lien Revolver	SOFR(M)		0.75	%		6.00	%		11.20	%	3/26/2026	$	—		(2,640	)		(4,397	)	M
Accordion Partners LLC	First Lien Term Loan	SOFR(Q)		0.75	%		6.25	%		11.49	%	8/29/2029	$	5,329,370		5,221,524			5,254,759
Accordion Partners LLC	First Lien Delayed Draw Term Loan A	SOFR(Q)		0.75	%		6.50	%		11.74	%	8/29/2029	$	467,786		463,936			466,383
Accordion Partners LLC	First Lien Delayed Draw Term Loan B	SOFR(Q)		0.75	%		6.25	%		11.29	%	8/29/2029	$	584,733		566,453			576,546
Accordion Partners LLC	First Lien Revolver	SOFR(Q)		0.75	%		6.25	%		11.49	%	8/31/2028	$	—		(9,115	)		(6,549	)	M
Callodine Commercial Finance, LLC	First Lien Term Loan	SOFR(Q)		1.00	%		9.00	%		14.50	%	11/3/2025	$	25,000,000		25,000,000			24,850,000
Callodine Commercial Finance, LLC	Subordinated Debt	SOFR(M)		0.25	%		8.50	%		13.90	%	10/8/2027	$	5,000,000		5,000,000			4,955,000		R
GC Champion Acquisition LLC (Numerix)	First Lien Term Loan	SOFR(S)		1.00	%		6.75	%		11.78	%	8/21/2028	$	7,122,636		7,002,230			7,005,113
GC Champion Acquisition LLC (Numerix)	First Lien Delayed Draw Term Loan	SOFR(S)		1.00	%		6.75	%		11.78	%	8/21/2028	$	1,978,510		1,942,991			1,945,865
Gordon Brothers Finance Company	Unsecured Debt	LIBOR(M)		1.00	%		11.00	%		18.19	%	10/31/2021	$	37,183,232		37,183,232			14,999,000		G/Q/S
Libra Solutions Intermediate Holdco, LLC et al (fka Oasis Financial, LLC)	Second Lien Term Loan	SOFR(M)		1.00	%		8.50	%		13.71	%	7/5/2026	$	5,000,000		4,939,026			4,890,000
Wealth Enhancement Group, LLC	First Lien Delayed Draw Term Loan	SOFR(Q)/(S)		1.00	%		6.25	%		11.09	%	10/4/2027	$	5,186,938		5,166,802			5,026,273		M
Wealth Enhancement Group, LLC	First Lien Revolver	SOFR(Q)		1.00	%		6.25	%		11.09	%	10/4/2027	$	—		(1,655	)		(9,177	)	M
Worldremit Group Limited (United Kingdom)	First Lien Term Loan (3.0% Exit Fee)	SOFR(Q)/(M)		1.00	%		9.25	%		14.65	%	2/11/2025	$	11,300,000		11,195,483			11,017,500		H/J
																110,035,795			87,286,625
Health Care Providers & Services
INH Buyer, Inc. (IMS Health)	First Lien Term Loan (1.5% Exit Fee)	SOFR(Q)		1.00	%	3.50% Cash + 3.50% PIK				12.34	%	6/28/2028	$	2,737,517		2,693,030			2,258,451		D
Opco Borrower, LLC (Giving Home Health Care)	First Lien Term Loan	SOFR(Q)		1.00	%		6.50	%		11.84	%	8/19/2027	$	337,305		334,450			337,035
Opco Borrower, LLC (Giving Home Health Care)	First Lien Revolver	SOFR(Q)		1.00	%		6.50	%		11.84	%	8/19/2027	$	—		(260	)		(25	)	M
Outcomes Group Holdings, Inc.	Second Lien Term Loan	LIBOR(M)		—			7.50	%		12.69	%	10/26/2026	$	5,769,231		5,764,494			5,653,846
Outcomes Group Holdings, Inc.	Second Lien Term Loan	SOFR(M)		0.50	%		7.50	%		12.70	%	10/26/2026	$	3,538,462		3,497,961			3,432,308
PHC Buyer, LLC (Patriot Home Care)	First Lien Term Loan	SOFR(Q)		0.75	%		6.00	%		11.26	%	5/4/2028	$	3,779,650		3,716,789			3,702,545
PHC Buyer, LLC (Patriot Home Care)	First Lien Delayed Draw Term Loan	SOFR(Q)		0.75	%		6.00	%		11.26	%	5/4/2028	$	—		(8,978	)		(29,670	)	M
Team Services Group, LLC	Second Lien Term Loan	LIBOR(Q)		1.00	%		9.00	%		14.27	%	11/13/2028	$	6,554,543		6,405,594			6,095,725		O
																22,403,080			21,450,215
Health Care Technology
Appriss Health, LLC (PatientPing)	First Lien Term Loan	LIBOR(M)		1.00	%		7.25	%		11.90	%	5/6/2027	$	2,861,520		2,824,047			2,749,920
Appriss Health, LLC (PatientPing)	First Lien Revolver	LIBOR(M)		1.00	%		7.25	%		11.90	%	5/6/2027	$	—		(2,465	)		(7,477	)	M
CareATC, Inc.	First Lien Term Loan	SOFR(Q)		1.00	%		7.75	%		13.07	%	3/14/2026	$	7,664,445		7,582,993			7,480,498
CareATC, Inc.	First Lien Revolver	SOFR(Q)		1.00	%		7.75	%		13.07	%	3/14/2026	$	—		(3,074	)		(8,114	)	M
ESO Solutions, Inc.	First Lien Term Loan	SOFR(Q)		1.00	%		7.00	%		12.25	%	5/3/2027	$	8,380,593		8,255,135			8,036,989
ESO Solutions, Inc.	First Lien Revolver	SOFR(Q)		1.00	%		7.00	%		12.33	%	5/3/2027	$	369,758		361,836			344,492		M
Gainwell Acquisition Corp.	Second Lien Term Loan	SOFR(Q)		1.00	%		8.00	%		13.04	%	10/2/2028	$	2,016,737		2,009,227			1,988,503
Sandata Technologies, LLC	First Lien Term Loan	SOFR(Q)		—			6.00	%		11.50	%	7/23/2024	$	4,500,000		4,485,352			4,459,500
Sandata Technologies, LLC	First Lien Revolver	LIBOR(Q)/SOFR(Q)		—			6.00	%		11.46	%	7/23/2024	$	500,000		498,343			495,500		T
																26,011,394			25,539,811
Hotels, Restaurants & Leisure
OCM Luxembourg Baccarat Bidco S.À R.L. (Interblock) (Slovenia)	First Lien Term Loan	SOFR(Q)		0.75	%		6.25	%		11.48	%	6/3/2027	$	5,208,243		5,121,332			5,083,245		H/J
OCM Luxembourg Baccarat Bidco S.À R.L. (Interblock) (Slovenia)	First Lien Revolver	PRIME		0.75	%		5.25	%		13.50	%	6/3/2027	$	209,904		203,265			199,829		H/J/M
Showtime Acquisition, L.L.C. (World Choice)	First Lien Term Loan	SOFR(Q)		1.00	%		7.50	%		12.67	%	8/7/2028	$	6,109,360		5,937,108			5,938,909
Showtime Acquisition, L.L.C. (World Choice)	First Lien Delayed Draw Term Loan	SOFR(Q)		1.00	%		7.50	%		12.67	%	8/7/2028	$	—		(4,851	)		(9,740	)	M
Showtime Acquisition, L.L.C. (World Choice)	First Lien Revolver	SOFR(Q)		1.00	%		7.50	%		12.67	%	8/7/2028	$	—		(12,150	)		(12,175	)	M
																11,244,704			11,200,068

The accompanying notes are an integral part of these consolidated financial statements.

8

BlackRock Capital Investment Corporation

Consolidated Schedules of Investments—(Continued)

June 30, 2023

(Unaudited)

Issuer(N/P)	Instrument	Ref(E)	Floor			Spread			Total Coupon			Maturity	Principal		Cost(A)			Fair Value(B)			Notes
Debt Investments - Continued
Insurance
AmeriLife Holdings, LLC	First Lien Term Loan	SOFR(S)		0.75	%		5.75	%		10.88	%	8/31/2029	$	4,101,143	$	4,027,208		$	3,974,007
AmeriLife Holdings, LLC	First Lien Delayed Draw Term Loan	SOFR(S)		0.75	%		5.75	%		10.62	%	8/31/2029	$	683,524		668,050			651,687		M
AmeriLife Holdings, LLC	First Lien Revolver	SOFR(S)		0.75	%		5.75	%		10.99	%	8/31/2028	$	85,870		76,971			69,898		M
Integrity Marketing Acquisition, LLC	First Lien Incremental Term Loan	SOFR(Q)		0.75	%		6.50	%		11.76	%	8/27/2025	$	5,141,914		5,067,580			5,121,347
Integrity Marketing Acquisition, LLC	First Lien Incremental Revolver	SOFR(Q)		0.75	%		6.50	%		11.76	%	8/27/2025	$	—		(325,381	)		(20,671	)	M
IT Parent, LLC (Insurance Technologies)	First Lien Term Loan	SOFR(M)		1.00	%		6.25	%		11.45	%	10/1/2026	$	1,923,785		1,901,403			1,781,425
IT Parent, LLC (Insurance Technologies)	First Lien Revolver	SOFR(M)		1.00	%		6.25	%		11.46	%	10/1/2026	$	208,333		205,459			189,833		M
Peter C. Foy & Associates Insurance Services, LLC (PCF Insurance)	First Lien Term Loan	SOFR(M)		0.75	%		6.00	%		11.22	%	11/1/2028	$	848,095		837,517			820,108
Peter C. Foy & Associates Insurance Services, LLC (PCF Insurance)	First Lien Delayed Draw Term Loan	SOFR(M)		0.75	%		6.00	%		11.22	%	11/1/2028	$	2,122,239		2,097,830			2,052,205
																14,556,637			14,639,839
Internet & Catalog Retail
CommerceHub, Inc.	First Lien Term Loan	SOFR(Q)		0.75	%		6.25	%		11.47	%	12/29/2027	$	2,214,586		2,074,398			2,075,067
Syndigo, LLC	Second Lien Term Loan	LIBOR(Q)		0.75	%		8.00	%		13.55	%	12/14/2028	$	4,673,472		4,620,771			3,925,717
																6,695,169			6,000,784
Internet Software & Services
Anaconda, Inc.	First Lien Term Loan	SOFR(Q)		1.00	%		7.50	%		12.73	%	8/22/2027	$	1,938,957		1,921,915			1,902,116
Astra Acquisition Corp. (Anthology)	Second Lien Term Loan	SOFR(M)		0.75	%		8.88	%		14.09	%	10/25/2029	$	7,164,842		7,045,756			3,851,103		O
Bynder Bidco B.V. (Netherlands)	First Lien Term Loan B	SOFR(S)		1.00	%		7.25	%		12.05	%	1/26/2029	$	4,653,609		4,519,598			4,523,308		H/J
Bynder Bidco B.V. (Netherlands)	First Lien Revolver B	SOFR(S)		1.00	%		7.25	%		12.05	%	1/26/2029	$	—		(10,514	)		(10,568	)	H/J/M
Bynder Bidco, Inc. (Netherlands)	First Lien Term Loan A	SOFR(S)		1.00	%		7.25	%		12.05	%	1/26/2029	$	1,283,754		1,246,786			1,247,809		H/J
Bynder Bidco, Inc. (Netherlands)	First Lien Revolver A	SOFR(S)		1.00	%		7.25	%		12.05	%	1/26/2029	$	—		(2,897	)		(2,912	)	H/J/M
Gympass US, LLC	First Lien Term Loan	SOFR(M)		1.00	%	4.00% Cash + 4.00% PIK				13.26	%	7/8/2027	$	1,962,111		1,946,678			1,942,490		D
InMoment, Inc.	First Lien Term Loan	SOFR(S)		0.75	%	5.00% Cash + 2.50% PIK				12.34	%	6/8/2028	$	11,605,782		11,409,369			11,327,243		D
Magenta Buyer, LLC (McAfee)	First Lien Incremental Term Loan	Fixed		—			12.00	%		12.00	%	7/27/2028	$	1,303,641		1,189,567			1,055,949		O
Magenta Buyer, LLC (McAfee)	Second Lien Term Loan	LIBOR(Q)		0.75	%		8.25	%		13.53	%	7/27/2029	$	7,000,000		6,918,149			4,515,000		O
Oranje Holdco, Inc. (KnowBe4)	First Lien Term Loan	SOFR(Q)		1.00	%		7.75	%		12.79	%	2/1/2029	$	3,336,406		3,257,582			3,276,351
Oranje Holdco, Inc. (KnowBe4)	First Lien Revolver	SOFR(Q)		1.00	%		7.75	%		12.79	%	2/1/2029	$	—		(9,708	)		(7,507	)	M
Persado, Inc.	First Lien Term Loan (6.575% Exit Fee)	SOFR(M)		1.80	%		7.50	%		12.66	%	6/10/2027	$	4,956,117		4,899,712			4,539,804
Persado, Inc.	First Lien Delayed Draw Term Loan (6.575% Exit Fee)	SOFR(M)		1.80	%		7.50	%		12.66	%	6/10/2027	$	1,328,125		1,321,098			1,216,563
Pluralsight, Inc.	First Lien Term Loan	SOFR(Q)		1.00	%		8.00	%		13.04	%	4/6/2027	$	12,069,635		11,899,910			11,514,431
Pluralsight, Inc.	First Lien Revolver	SOFR(Q)		1.00	%		8.00	%		13.04	%	4/6/2027	$	465,183		453,334			422,386		M
Quartz Holding Company (Quick Base)	Second Lien Term Loan	SOFR(M)		—			8.00	%		13.20	%	4/2/2027	$	5,512,958		5,454,805			5,485,393
Reveal Data Corporation et al	First Lien FILO Term Loan	SOFR(S)		1.00	%		6.50	%		10.22	%	3/9/2028	$	2,814,549		2,758,537			2,743,905
Sailpoint Technologies Holdings, Inc.	First Lien Term Loan	SOFR(M)		0.75	%		6.25	%		11.35	%	8/16/2029	$	4,111,714		4,037,431			4,085,810
Sailpoint Technologies Holdings, Inc.	First Lien Revolver	SOFR(M)		0.75	%		6.25	%		11.35	%	8/16/2028	$	—		(5,710	)		(2,470	)	M
Spartan Bidco Pty Ltd (StarRez) (Australia)	First Lien Term Loan	SOFR(Q)		0.75	%	0.75% Cash + 6.25% PIK				12.22	%	1/24/2028	$	3,967,055		3,901,592			3,895,648		D/H/J
Suited Connector, LLC	First Lien Term Loan	SOFR(S)		1.00	%	6.00% Cash + 2.00% PIK				13.31	%	12/1/2027	$	1,403,137		1,380,555			1,021,483		D
Suited Connector, LLC	First Lien Revolver	SOFR(S)		1.00	%	6.00% Cash + 2.00% PIK				13.36	%	12/1/2027	$	231,387		227,846			168,449		D
																75,761,391			68,711,784
IT Services
Avalara, Inc.	First Lien Term Loan	SOFR(Q)		0.75	%		7.25	%		12.49	%	10/19/2028	$	2,250,000		2,199,467			2,238,750
Avalara, Inc.	First Lien Revolver	SOFR(Q)		0.75	%		7.25	%		12.49	%	10/19/2028	$	—		(4,976	)		(1,125	)	M
Ensono, Inc.	Second Lien Term Loan B	SOFR(M)		—			8.00	%		13.22	%	5/28/2029	$	5,000,000		4,963,345			4,535,000
Idera, Inc.	Second Lien Term Loan	SOFR(M)		0.75	%		6.75	%		12.01	%	2/4/2029	$	2,867,296		2,852,573			2,508,884		O
Madison Logic Holdings, Inc.	First Lien Term Loan	SOFR(Q)		1.00	%		7.00	%		12.24	%	12/29/2028	$	4,996,249		4,854,068			4,861,350
Madison Logic Holdings, Inc.	First Lien Revolver	SOFR(Q)		1.00	%		7.00	%		12.24	%	12/30/2027	$	—		(9,717	)		(9,706	)	M
Serrano Parent, LLC (Sumo Logic)	First Lien Term Loan	SOFR(Q)		1.00	%		6.50	%		11.60	%	5/13/2030	$	6,079,701		5,928,018			5,970,267
Serrano Parent, LLC (Sumo Logic)	First Lien Revolver	SOFR(Q)		1.00	%		6.50	%		11.60	%	5/13/2030	$	—		(14,916	)		(10,943	)	M
																20,767,862			20,092,477
Leisure Products
Peloton Interactive, Inc.	First Lien Term Loan	SOFR(S)		0.50	%		7.00	%		12.26	%	5/25/2027	$	2,618,343		2,539,706			2,605,251		J/O

The accompanying notes are an integral part of these consolidated financial statements.

9

BlackRock Capital Investment Corporation

Consolidated Schedules of Investments—(Continued)

June 30, 2023

(Unaudited)

Issuer(N/P)	Instrument	Ref(E)	Floor			Spread			Total Coupon			Maturity	Principal		Cost(A)			Fair Value(B)			Notes
Debt Investments - Continued
Life Sciences Tools & Services
Alcami Corporation	First Lien Term Loan	SOFR(M)		1.00	%		7.00	%		12.20	%	12/21/2028	$	2,191,298	$	2,119,217		$	2,169,385
Alcami Corporation	First Lien Delayed Draw Term Loan	SOFR(M)		1.00	%		7.00	%		12.20	%	12/21/2028	$	—		(5,892	)		(1,835	)	M
Alcami Corporation	First Lien Revolver	SOFR(M)		1.00	%		7.00	%		12.20	%	12/21/2028	$	—		(9,401	)		(2,936	)	M
																2,103,924			2,164,614
Machinery
Sonny's Enterprises, LLC	First Lien Term Loan	SOFR(Q)		1.00	%		6.75	%		11.96	%	8/5/2028	$	6,197,278		6,069,291			6,079,530
Sonny's Enterprises, LLC	First Lien Delayed Draw Term Loan	SOFR(Q)		1.00	%		6.75	%		11.96	%	8/5/2028	$	—		(4,970	)		(3,886	)	M
Sonny's Enterprises, LLC	First Lien Revolver	SOFR(Q)		1.00	%		6.75	%		11.96	%	8/5/2027	$	—		(4,273	)		(3,368	)	M
																6,060,048			6,072,276
Media
NEP Group, Inc. et al	First Lien Term Loan	SOFR(M)		—			3.25	%		8.47	%	10/20/2025	$	658,609		607,272			589,949		O
NEP Group, Inc. et al	Second Lien Term Loan	SOFR(M)		—			7.00	%		12.22	%	10/19/2026	$	3,131,760		2,943,355			2,248,353		O
Streamland Media Midco LLC	First Lien Term Loan	SOFR(Q)		1.00	%		6.75	%		12.06	%	8/31/2023	$	377,150		376,011			362,064
Terraboost Media Operating Company, LLC	First Lien Term Loan	SOFR(Q)		1.00	%		6.50	%		11.89	%	8/23/2026	$	3,615,463		3,563,792			3,315,380		D
																7,490,430			6,515,746
Paper & Forest Products
Alpine Acquisition Corp II (48Forty)	First Lien Term Loan	SOFR(M)		1.00	%		5.75	%		11.01	%	11/30/2026	$	10,013,136		9,833,755			9,726,761
Alpine Acquisition Corp II (48Forty)	First Lien Revolver	SOFR(M)		1.00	%		5.75	%		11.01	%	11/30/2026	$	134,008		119,338			114,844		M
FSK Pallet Holding Corp. (Kamps)	First Lien Term Loan	SOFR(Q)		1.25	%		6.00	%		11.04	%	12/23/2026	$	3,516,226		3,420,858			3,410,036
																13,373,951			13,251,641
Professional Services
DTI Holdco, Inc. (Epiq Systems, Inc.)	Second Lien Term Loan	SOFR(Q)		0.75	%		7.75	%		12.80	%	4/26/2030	$	5,007,465		4,923,315			4,306,420
GI Consilio Parent, LLC	Second Lien Term Loan	LIBOR(M)		0.50	%		7.50	%		12.69	%	5/14/2029	$	5,000,000		4,966,445			4,885,000
ICIMS, Inc.	First Lien Term Loan	SOFR(Q)		0.75	%	3.38% Cash + 3.88% PIK				12.38	%	8/18/2028	$	11,060,029		10,889,671			10,982,609		D
ICIMS, Inc.	First Lien Delayed Draw Term Loan	SOFR(Q)		0.75	%	3.38% Cash + 3.88% PIK				12.38	%	8/18/2028	$	221,336		221,336			200,772		D/M
ICIMS, Inc.	First Lien Revolver	SOFR(Q)		0.75	%		6.75	%		11.99	%	8/18/2028	$	175,907		160,122			168,534		M
JobandTalent USA, Inc. (United Kingdom)	First Lien Term Loan (3.0% Exit Fee)	SOFR(M)		1.00	%		8.75	%		13.96	%	2/17/2025	$	9,892,491		9,784,932			9,694,641		H/J
JobandTalent USA, Inc. (United Kingdom)	First Lien Delayed Draw Term Loan (3.0% Exit Fee)	SOFR(M)		1.00	%		8.75	%		13.96	%	2/17/2025	$	5,300,000		5,248,511			5,194,000		H/J
TLE Holdings, LLC	First Lien Term Loan	SOFR(M)		1.00	%		5.50	%		10.70	%	6/28/2024	$	3,800,366		3,634,043			3,724,359
TLE Holdings, LLC	First Lien Delayed Draw Term Loan	SOFR(M)		1.00	%		5.50	%		10.70	%	6/28/2024	$	972,883		930,304			953,425
VT TopCo, Inc. (Veritext)	Second Lien Term Loan	SOFR(M)		0.75	%		6.75	%		11.97	%	8/4/2026	$	1,064,655		1,060,238			1,010,091		O
																41,818,917			41,119,851
Real Estate Management & Development
Greystone Affordable Housing Initiatives, LLC	First Lien Delayed Draw Term Loan	LIBOR(S)		1.25	%		6.00	%		11.14	%	3/2/2026	$	1,866,667		1,866,667			1,846,133		J
Greystone Select Company II, LLC (Passco)	First Lien Term Loan	SOFR(M)		1.50	%		6.50	%		11.72	%	3/21/2027	$	4,661,332		4,583,459			4,602,600
																6,450,126			6,448,733
Road & Rail
Motive Technologies, Inc. (fka Keep Truckin, Inc.)	First Lien Term Loan	SOFR(S)		1.00	%		7.25	%		12.77	%	4/8/2025	$	15,000,000		14,876,102			14,850,000
Semiconductors & Semiconductor Equipment
Emerald Technologies (U.S.) AcquisitionCo, Inc	First Lien Term Loan	SOFR(Q)		1.00	%		6.25	%		11.66	%	12/29/2027	$	1,874,846		1,843,897			1,781,103
Emerald Technologies (U.S.) AcquisitionCo, Inc	First Lien Revolver	SOFR(M)		1.00	%		6.00	%		11.22	%	12/29/2026	$	420,175		349,434			365,295		M
																2,193,331			2,146,398
Software
Aerospike, Inc.	First Lien Term Loan (0.50% Exit Fee)	SOFR(M)		1.00	%		7.50	%		12.72	%	12/29/2025	$	2,416,867		2,401,989			2,384,723
Aerospike, Inc.	First Lien Delayed Draw Term Loan (0.50% Exit Fee)	SOFR(M)		1.00	%		7.50	%		12.75	%	12/29/2025	$	1,054,373		1,031,415			1,040,367
AlphaSense, Inc.	First Lien Term Loan	SOFR(M)		1.00	%		7.00	%		12.19	%	3/11/2027	$	8,673,018		8,604,138			8,666,947
Aras Corporation	First Lien Term Loan	LIBOR(Q)		1.00	%	3.50% Cash + 3.25% PIK				11.99	%	4/13/2027	$	4,527,228		4,474,770			4,377,829		D

The accompanying notes are an integral part of these consolidated financial statements.

10

BlackRock Capital Investment Corporation

Consolidated Schedules of Investments—(Continued)

June 30, 2023

(Unaudited)

Issuer(N/P)	Instrument	Ref(E)	Floor			Spread			Total Coupon			Maturity	Principal		Cost(A)			Fair Value(B)			Notes
Debt Investments - Continued
Aras Corporation	First Lien Revolver	LIBOR(Q)/(S)		1.00	%		6.50	%		11.66	%	4/13/2027	$	204,763	$	200,854		$	194,627		M
Backoffice Associates Holdings, LLC (Syniti)	First Lien Term Loan	SOFR(S)		1.00	%		7.75	%		13.03	%	4/30/2026	$	4,886,506		4,799,191			4,896,278
Backoffice Associates Holdings, LLC (Syniti)	First Lien Revolver	PRIME		1.00	%		6.75	%		15.00	%	4/30/2026	$	657,055		645,168			657,055
Bluefin Holding, LLC (BlackMountain)	Second Lien Term Loan	LIBOR(Q)		—			7.75	%		13.23	%	9/3/2027	$	4,809,535		4,766,503			4,674,868
Bonterra LLC (fka CyberGrants Holdings, LLC)	First Lien Term Loan	LIBOR(Q)		0.75	%		6.00	%		11.79	%	9/8/2027	$	2,833,333		2,801,462			2,753,717
Bonterra LLC (fka CyberGrants Holdings, LLC)	First Lien Delayed Draw Term Loan	LIBOR(Q)		0.75	%		6.00	%		11.79	%	9/8/2027	$	81,168		80,014			73,362		M
Bonterra LLC (fka CyberGrants Holdings, LLC)	First Lien Revolver	LIBOR(Q)		0.75	%		6.00	%		11.72	%	9/8/2027	$	273,311		270,289			265,505		M
Disco Parent, Inc. (Duck Creek Technologies)	First Lien Term Loan	SOFR(Q)		1.00	%		7.50	%		12.76	%	3/30/2029	$	5,131,318		5,005,624			5,049,217
Disco Parent, Inc. (Duck Creek Technologies)	First Lien Revolver	SOFR(Q)		1.00	%		7.50	%		12.76	%	3/30/2029	$	—		(12,307	)		(8,210	)	M
Elastic Path Software Inc. (Canada)	First Lien Term Loan	SOFR(Q)		1.00	%		7.50	%		12.70	%	1/6/2026	$	1,893,754		1,881,974			1,888,072		H/J
Elastic Path Software Inc. (Canada)	First Lien Delayed Draw Term Loan	SOFR(Q)		1.00	%		7.50	%		12.99	%	1/6/2026	$	961,395		953,620			958,511		H/J
Fusion Risk Management, Inc.	First Lien Term Loan	SOFR(Q)		1.00	%	3.50% Cash + 4.00% PIK				12.63	%	5/22/2029	$	4,464,286		4,375,654			4,379,464		D
Fusion Risk Management, Inc.	First Lien Revolver	SOFR(Q)		1.00	%		7.00	%		12.13	%	5/22/2029	$	—		(10,533	)		(10,179	)	M
Grey Orange Incorporated	First Lien Term Loan (3.75% Exit Fee)	SOFR(Q)		1.00	%		7.25	%		12.58	%	5/6/2026	$	1,539,384		1,527,175			1,522,758
Grey Orange Incorporated	First Lien Delayed Draw Term Loan (3.75% Exit Fee)	SOFR(Q)/(S)		1.00	%		7.25	%		12.58	%	5/6/2026	$	1,539,384		1,528,197			1,522,758
GTY Technology Holdings Inc.	First Lien Term Loan	SOFR(Q)		0.75	%	2.58% Cash + 4.30% PIK				12.12	%	7/9/2029	$	2,001,487		1,968,068			1,988,077		D
GTY Technology Holdings Inc.	First Lien Delayed Draw Term Loan	SOFR(Q)		0.75	%	2.58% Cash + 4.30% PIK				12.10	%	7/9/2029	$	1,546,457		1,519,368			1,536,096		D
GTY Technology Holdings Inc.	First Lien Revolver	SOFR(Q)		0.75	%		6.25	%		11.47	%	7/9/2029	$	—		(6,037	)		(2,337	)	M
Integrate.com, Inc. (Infinity Data, Inc.)	First Lien Term Loan	SOFR(M)		1.00	%	3.00% Cash + 3.00% PIK				11.20	%	12/17/2027	$	1,865,874		1,829,377			1,799,449		D
Integrate.com, Inc. (Infinity Data, Inc.)	First Lien Delayed Draw Term Loan	SOFR(M)		1.00	%	3.00% Cash + 3.00% PIK				11.19	%	12/17/2027	$	100,000		97,705			90,507		D/M
Integrate.com, Inc. (Infinity Data, Inc.)	First Lien Revolver	SOFR(M)		1.00	%		6.00	%		11.19	%	12/17/2027	$	—		(1,997	)		(4,747	)	M
JOBVITE, Inc. (Employ, Inc.)	First Lien Term Loan	SOFR(S)		0.75	%		8.00	%		13.07	%	8/5/2028	$	7,017,052		6,861,264			6,852,152
Kaseya Inc.	First Lien Term Loan	SOFR(M)		0.75	%	3.75% Cash + 2.50% PIK				11.35	%	6/25/2029	$	7,444,189		7,345,047			7,243,196		D
Kaseya Inc.	First Lien Delayed Draw Term Loan	SOFR(M)		0.75	%	3.75% Cash + 2.50% PIK				11.36	%	6/25/2029	$	27,757		24,841			15,471		D/M
Kaseya Inc.	First Lien Revolver	SOFR(M)		0.75	%	3.75% Cash + 2.50% PIK				11.36	%	6/25/2029	$	113,760		107,915			101,474		D/M
Kong Inc.	First Lien Term Loan	SOFR(M)		1.00	%	5.50% Cash + 3.25% PIK				14.02	%	11/1/2027	$	2,134,656		2,094,476			2,113,949		D
Nvest, Inc. (SigFig)	First Lien Term Loan	SOFR(S)		1.00	%		7.50	%		13.15	%	9/15/2025	$	2,349,466		2,325,368			2,277,572
Oversight Systems, Inc.	First Lien Term Loan	SOFR(M)		1.00	%		7.75	%		12.95	%	9/24/2026	$	1,608,107		1,586,095			1,577,392
Oversight Systems, Inc.	First Lien Delayed Draw Term Loan	SOFR(M)		1.00	%		7.75	%		12.95	%	9/24/2026	$	—		(1,397	)		(1,389	)	M
SEP Eiger BidCo Ltd. (Beqom) (Switzerland)	First Lien Term Loan	SOFR(Q)		1.00	%	3.00% Cash + 3.50% PIK				11.54	%	5/9/2028	$	5,873,287		5,775,615			5,819,252		D/H/J
SEP Eiger BidCo Ltd. (Beqom) (Switzerland)	First Lien Revolver	SOFR(Q)		1.00	%		6.50	%		11.54	%	5/9/2028	$	—		(9,543	)		(5,413	)	H/J/M
SEP Raptor Acquisition, Inc. (Loopio) (Canada)	First Lien Term Loan	SOFR(Q)		1.00	%		7.00	%		12.89	%	3/31/2027	$	3,828,161		3,778,273			3,759,254		H/J
SEP Raptor Acquisition, Inc. (Loopio) (Canada)	First Lien Revolver	SOFR(Q)		1.00	%		7.00	%		12.89	%	3/31/2027	$	—		(5,135	)		(7,373	)	H/J/M
Superman Holdings, LLC (Foundation Software)	First Lien Term Loan	SOFR(Q)		1.00	%		5.75	%		10.99	%	8/31/2027	$	6,054,235		5,945,747			5,927,096
Superman Holdings, LLC (Foundation Software)	First Lien 2023 Incremental Delayed Draw Term Loan	SOFR(Q)		1.00	%		5.75	%		10.99	%	8/31/2027	$	—		(4,140	)		(7,237	)	M
Superman Holdings, LLC (Foundation Software)	First Lien Revolver	SOFR(Q)		1.00	%		5.75	%		10.99	%	8/31/2026	$	—		(4,372	)		(6,918	)	M
Syntellis Parent, LLC (Axiom Software)	First Lien Term Loan	SOFR(M)		0.75	%		6.50	%		11.60	%	8/2/2027	$	7,613,616		7,477,716			7,446,117
Tessian Inc. (United Kingdom)	First Lien Term Loan	SOFR(Q)		1.00	%		8.00	%		13.26	%	3/15/2028	$	2,236,105		2,193,106			2,193,619		H/J
Zendesk, Inc.	First Lien Term Loan	SOFR(Q)		0.75	%	3.50% Cash + 3.50% PIK				12.25	%	11/22/2028	$	5,235,769		5,141,742			5,220,062		D
Zendesk, Inc.	First Lien Delayed Draw Term Loan	SOFR(Q)		0.75	%	3.50% Cash + 3.50% PIK				12.25	%	11/22/2028	$	—		(11,665	)		(3,893	)	D/M
Zendesk, Inc.	First Lien Revolver	SOFR(Q)		0.75	%		6.50	%		11.75	%	11/22/2028	$	—		(9,632	)		(1,603	)	M
Zilliant Incorporated	First Lien Term Loan	LIBOR(M)		0.75	%	2.00% Cash + 4.50% PIK				11.65	%	12/21/2027	$	1,586,831		1,563,715			1,505,902		D
Zilliant Incorporated	First Lien Delayed Draw Term Loan	LIBOR(M)		0.75	%	2.00% Cash + 4.50% PIK				11.65	%	12/21/2027	$	—		(1,832	)		(18,889	)	D/M
Zilliant Incorporated	First Lien Revolver	LIBOR(M)		0.75	%		6.00	%		11.15	%	12/21/2027	$	—		(2,214	)		(7,556	)	M
																102,902,671			102,686,951

The accompanying notes are an integral part of these consolidated financial statements.

11

BlackRock Capital Investment Corporation

Consolidated Schedules of Investments—(Continued)

June 30, 2023

(Unaudited)

Issuer(N/P)	Instrument	Ref(E)	Floor			Spread			Total Coupon			Maturity	Principal		Cost(A)			Fair Value(B)		Notes
Debt Investments - Continued
Specialty Retail
Calceus Acquisition, Inc. (Cole Haan)	First Lien Term Loan B	LIBOR(Q)		—			5.50	%		11.04	%	2/12/2025	$	3,574,667	$	3,363,498		$	3,443,584	O
Calceus Acquisition, Inc. (Cole Haan)	First Lien Sr Secured Notes	Fixed		—			9.75	%		9.75	%	2/19/2025	$	1,000,000		988,074			988,000
Hanna Andersson, LLC	First Lien Term Loan	LIBOR(M)		1.00	%		6.00	%		11.15	%	7/2/2026	$	6,760,544		6,674,758			6,226,461
																11,026,330			10,658,045
Technology Hardware, Storage & Peripherals
SumUp Holdings Luxembourg S.A.R.L. (United Kingdom)	First Lien Delayed Draw Term Loan	SOFR(Q)		1.00	%		7.00	%		12.37	%	2/17/2026	$	10,842,857		10,716,567			10,691,057	H/J
Textiles, Apparel & Luxury Goods
James Perse Enterprises, Inc.	First Lien Term Loan	SOFR(S)		1.00	%		6.25	%		11.38	%	9/8/2027	$	9,862,348		9,747,584			9,912,646
James Perse Enterprises, Inc.	First Lien Revolver	SOFR(S)		1.00	%		6.25	%		11.38	%	9/8/2027	$	—		(16,422	)		—	M
																9,731,162			9,912,646
Trading Companies & Distributors
Blackbird Purchaser, Inc. (Ohio Transmission Corp.)	Second Lien Term Loan	SOFR(M)		0.75	%		7.50	%		12.70	%	4/8/2027	$	3,539,347		3,487,292			3,451,925
Wireless Telecommunication Services
OpenMarket, Inc. (Infobip) (United Kingdom)	First Lien Term Loan	LIBOR(Q)		0.75	%		6.25	%		11.79	%	9/17/2026	$	4,912,500		4,826,782			4,840,286	H/J
Total Debt Investments - 188.5% of Net Assets																631,409,768			591,905,479

The accompanying notes are an integral part of these consolidated financial statements.

12

BlackRock Capital Investment Corporation

Consolidated Schedules of Investments—(Continued)

June 30, 2023

(Unaudited)

Issuer(N/P)	Instrument	Total Coupon			Expiration	Shares		Cost(A)		Fair Value(B)		Notes
Equity Securities
Capital Markets
Marsico Holdings, LLC	Limited Partnership/Limited Liability Company Interests						91,445	$	1,848,077	$	—	C/I
Pico Quantitative Trading Holdings, LLC	Warrants to Purchase Membership Units				2/7/2030		162		14,804		36,007	C/I
									1,862,881		36,007
Chemicals
AGY Equity, LLC	Class A Preferred Stock						4,195,600		1,139,598		—	C/F/I
AGY Equity, LLC	Class B Preferred Stock						2,936,920		—		—	C/F/I
AGY Equity, LLC	Class C Common Stock						2,307,580		—		—	C/F/I
									1,139,598		—
Diversified Consumer Services
Elevate Brands Holdco Inc.	Warrants to Purchase Common Stock				3/14/2032		66,428		—		31,540	C/I
Elevate Brands Holdco Inc.	Warrants to Purchase Preferred Stock				3/14/2032		33,214		—		25,402	C/I
MXP Prime Platform GmbH (SellerX) (Germany)	Warrants to Purchase Preferred Series B Shares				11/23/2028		48		—		104,656	C/H/I/J
PerchHQ LLC	Warrants to Purchase Common Stock				10/15/2027		45,283		—		46,641	C/I/K
Razor Group GmbH (Germany)	Warrants to Purchase Preferred Series A1 Shares				4/28/2028		182		—		554,434	C/H/I/J
Razor Group GmbH (Germany)	Warrants to Purchase Series C Shares				4/28/2028		55		—		310,203	C/H/I/J
									—		1,072,876
Diversified Financial Services
Gordon Brothers Finance Company	Common Stock						10,612		10,611,548		—	C/G
Gordon Brothers Finance Company	Preferred Stock		13.50	%			34,285		36,624,685		—	C/G/Q
Worldremit Group Limited (United Kingdom)	Warrants to Purchase Series D Stock				2/11/2031		7,662		—		85,201	C/H/I/J
Worldremit Group Limited (United Kingdom)	Warrants to Purchase Series E Stock				8/27/2031		508		—		930	C/H/I/J
									47,236,233		86,131
Household Durables
Stitch Holdings, L.P.	Limited Partnership/Limited Liability Company Interests						5,910		5,909,910		—	C/I
Internet Software & Services
FinancialForce.com, Inc.	Warrants to Purchase Series C Preferred Stock				1/30/2029		450,000		100,544		273,000	C/I
SuCo Investors, LP (Suited Connector)	Warrants to Purchase Class A Units				3/6/2033		1,652		—		—	C/I
									100,544		273,000
Media
MBS Parent, LLC	Limited Partnership/Limited Liability Company Interests						546		—		49,500	C/L
Oil, Gas & Consumable Fuels
TER Management Resources, LLC (fka ETX Energy Management Company, LLC)	Limited Partnership/Limited Liability Company Interests						53,815		—		—	C
Trailblazer Energy Resources, LLC (fka ETX Energy, LLC)	Limited Partnership/Limited Liability Company Interests						51,119		—		—	C/K
									—		—
Software
Grey Orange International Inc.	Warrants to Purchase Common Stock				5/6/2032		2,832		—		14,302	C/I
Trading Companies & Distributors
Blackbird Holdco, Inc. (Ohio Transmission Corp.)	Preferred Stock	12.50% PIK					2,478		2,938,323		2,400,116	D/I
Total Equity Securities - 1.2% of Net Assets									59,187,489		3,931,932
Total Investments - 189.7% of Net Assets								$	690,597,257	$	595,837,411
Cash and Cash Equivalents - 4.0% of Net Assets										$	12,405,398
Total Cash and Investments - 193.7% of Net Assets										$	608,242,809

	Interest Rate Swap as of June 30, 2023(U)
	Company Receives Fixed	Company Pays Floating	Counterparty	Maturity Date	Payment Frequency	Notional Amount		Fair Value
Interest Rate Swap	2.633%	1 Day SOFR	CME	6/9/2025	Annual	$	35,000,000	$	(1,445,045	)

The accompanying notes are an integral part of these consolidated financial statements.

13

BlackRock Capital Investment Corporation

Consolidated Schedules of Investments—(Continued)

June 30, 2023

(Unaudited)

Notes to Consolidated Schedules of Investments:

(A)Represents amortized cost for fixed income securities and cost for preferred and common stock, limited partnership/limited liability company interests and equity warrants/options.

(B)Pursuant to Rule 2a-5 under the Investment Company Act of 1940 (the "1940 Act"), the Company's Board of Directors designated the Advisor as the valuation designee to perform certain fair value functions, including performing fair value determinations. See Note 2 for further details.

(C)Non-income producing equity securities at June 30, 2023.

(D)Interest may be paid in cash or payment-in-kind (“PIK”), or a combination thereof which is generally at the option of the borrower. PIK earned is included in the cost basis of the security. In accordance with the Company’s policy, PIK is recorded on an effective interest method.

(E)Approximately 99.5% of the fair value of total senior secured loans in the Company’s portfolio bear interest at a floating rate that may be determined by reference to the London Interbank Offered Rate (“LIBOR”), “L”, Secured Overnight Financing Rate (“SOFR”), “S”, or other base rate (commonly the Federal Funds Rate or the Prime Rate), “P”, at the borrower’s option. In addition, 94.3% of the fair value of such senior secured loans have floors of 0.50% to 2.00%. The borrower under a senior secured loan generally has the option to select from interest reset periods of one, two, three or six months and may alter that selection at the end of any reset period. The stated interest rate represents the weighted average interest rate at June 30, 2023 of all contracts within the specified loan facility. LIBOR and SOFR reset monthly (M), quarterly (Q) or semiannually (S).

(F)Transaction and other information for “non-controlled, affiliated” investments under the 1940 Act, whereby the Company owns 5% or more (but not more than 25%) of the portfolio company’s outstanding voting securities, is presented in a separate table of the Consolidated Schedules of Investments.

(G)Transaction and other information for “controlled” investments under the 1940 Act, whereby the Company owns more than 25% of the portfolio company’s outstanding voting securities, is presented in a separate table of the Consolidated Schedules of Investments.

(H)Non-U.S. company or principal place of business outside the U.S.

(I)Security is either exempt from registration under Rule 144A of the Securities Act of 1933 (the “Securities Act”), or sale of the security is subject to certain contractual restrictions. Securities that are exempt from registration under 144A may be resold in transactions, normally to qualified institutional buyers. In aggregate, these securities represent 1.2% of the Company’s net assets at June 30, 2023. The acquisition dates for restricted securities of unaffiliated issuers were as follows as of June 30, 2023:

Investment	Initial Acquisition Date
Marsico Holdings, LLC, Limited Partnership/Limited Liability Company Interests	11/28/2007
FinancialForce.com, Warrants to Purchase Series C Preferred Stock	1/30/2019
Pico Quantitative Trading Holdings, LLC, Warrants to Purchase Membership Units	2/7/2020
Worldremit Group Limited (United Kingdom), Warrants to Purchase Series D Stock	2/11/2021
Razor Group GmbH (Germany), Warrants to Purchase Preferred Series A1 Shares	4/28/2021
Stitch Holdings, L.P., Limited Partnership Interests	7/30/2021
Worldremit Group Limited (United Kingdom), Warrants to Purchase Series E Stock	8/27/2021
MXP Prime Platform GmbH (SellerX) (Germany), Warrants to Purchase Preferred Series B Shares	11/23/2021
Blackbird Holdco, Inc. (Ohio Transmission Corp.), Preferred Stock	12/14/2021
Elevate Brands Holdco Inc., Warrants to Purchase Common Stock	3/14/2022
Elevate Brands Holdco Inc., Warrants to Purchase Preferred Stock	3/14/2022
Grey Orange International Inc., Warrants to Purchase Common Stock	5/6/2022
PerchHQ LLC, Warrants to Purchase Common Stock	9/30/2022
Razor Group GmbH (Germany), Warrants to Purchase Series C Shares	12/23/2022
SuCo Investors, LP (Suited Connector), Warrants to Purchase Class A Units	3/6/2023

(J)Investments that the Company has determined are not “qualifying assets” under Section 55(a) of the 1940 Act. Under the 1940 Act, we may not acquire any non-qualifying asset unless, at the time such acquisition is made, qualifying assets represent at least 70% of our total assets. The status of these assets under the 1940 Act may be subject to change. The Company monitors the status of these assets on an ongoing basis. As of June 30, 2023, approximately 15.8% of the total assets of the Company were not qualifying assets under Section 55(a) of the 1940 Act.

(K)The Company is the sole stockholder of BKC ASW Blocker, Inc., a consolidated subsidiary, which is the beneficiary of less than 5% of the voting securities of Trailblazer Energy Resources, LLC (fka ETX Energy, LLC) and PerchHQ LLC and thus non-controlled, non-affiliated investments.

(L)The Company is the sole stockholder of BCIC-MBS, LLC, a consolidated subsidiary, which is the beneficiary of less than 5% of the voting securities of MBS Parent, LLC and thus a non-controlled, non-affiliated investment.

(M)Position or associated portfolio company thereof has an unfunded commitment as of June 30, 2023 (see Note 9). Any negative balances represent unfunded commitments that were acquired and/or valued at a discount.

(N)Unless otherwise indicated, all investments are considered Level 3 in accordance with ASC Topic 820 (see Note 2).

(O)Investments are considered other than Level 3 in accordance with ASC Topic 820 (see Note 2).

(P)The Company generally uses Global Industry Classification Standard (“GICS”) codes to identify the industry groupings. This information is unaudited.

(Q)The investment is on non-accrual status as of June 30, 2023 and therefore non-income producing. At June 30, 2023, the aggregate fair value and amortized cost of the Company’s debt and preferred stock investments on non-accrual status represents 2.5% and 11.0% of the Company's debt and preferred stock investments at fair value and amortized cost, respectively.

(R)This investment will have a first lien security interest after the senior tranches are repaid.

(S)Total coupon includes default interest of 2.00%.

(T)Portions of the loan bear interest using a combination of LIBOR, SOFR and/or at the Prime rate. The total coupon represents the weighted average interest rate at June 30, 2023 of all contracts within the loan facility.

(U)Refer to Notes 2 and 4 for additional information on the Company’s Interest Rate Swap.

The accompanying notes are an integral part of these consolidated financial statements.

14

BlackRock Capital Investment Corporation

Consolidated Schedules of Investments—(Continued)

June 30, 2023

(Unaudited)

Non-Controlled Affiliate Security(1)	Dividends and interest income(2)		Fair Value at December 31, 2022		Net realized gain (loss)(2)			Net increase or decrease in unrealized appreciation or depreciation(2)			Acquisitions(3)		Dispositions(4)			Fair Value at June 30, 2023
AGY Equity, LLC:
Class A Preferred Stock	$	—	$	—	$	—		$	—		$	—	$	—		$	—
Class B Preferred Stock		—		—		—			—			—		—			—
Class C Common Stock		—		—		—			—			—		—			—
Kemmerer Operations, LLC (WMLP):
Senior Secured Loan, First Lien		31,794		1,956,190		—			—			112,178		(2,068,368	)		—	(5)
Delayed Draw Term Loan, First Lien		—		—		—			—			—		—			—	(5)
Kemmerer Holdings, LLC (WMLP):
Limited Liability Co. Interest		—		1,618,248		(441,906	)		(864,398	)		—		(311,944	)		—	(5)
Totals	$	31,794	$	3,574,438	$	(441,906	)	$	(864,398	)	$	112,178	$	(2,380,312	)	$	—

(1)The issuers of the securities listed on this schedule are considered non-controlled, affiliated investments under the 1940 Act due to the ownership by the Company of 5% to 25% of the issuers’ voting securities.

(2)Amounts reported above are for the six months ended June 30, 2023. Dividends and interest income also includes fee income as applicable.

(3)Acquisitions include increases in the cost basis of investments resulting from new purchases, PIK income, or amortization of original issue and market discounts for the six months ended June 30, 2023.

(4)Dispositions include decreases in the cost basis of investments, net of realized gain or loss, resulting from principal collections related to investment repayments or sales, the exchange of one or more existing securities for one or more new securities and the movement of an existing portfolio company out of this category into a different category for the six months ended June 30, 2023.

(5)Investment no longer held as of June 30, 2023.

There is no aggregate fair value of non-controlled, affiliated investments at June 30, 2023.

Controlled Affiliate Security(1)	Dividends and interest income(2)		Fair Value at December 31, 2022		Net realized gain (loss)(2)		Net increase or decrease in unrealized appreciation or depreciation(2)		Acquisitions(3)		Dispositions(4)			Fair Value at June 30, 2023
Gordon Brothers Finance Company:
Unsecured Debt	$	—	$	15,228,000	$	—	$	273,916	$	—	$	(502,916	)	$	14,999,000
Preferred Stock		—		—		—		—		—		—			—
Common Stock		—		—		—		—		—		—			—
Totals	$	—	$	15,228,000	$	—	$	273,916	$	—	$	(502,916	)	$	14,999,000

(1)The issuers of securities listed on this schedule are considered controlled affiliates under the 1940 Act due to the ownership by the Company of more than 25% of the issuers’ voting securities.

(2)Amounts reported above are for the six months ended June 30, 2023. Dividends and interest income also includes fee income as applicable.

(3)Acquisitions include increases in the cost basis of investments resulting from new purchases, PIK income, or amortization of original issue and market discounts for the six months ended June 30, 2023.

(4)Dispositions include decreases in the cost basis of investments, net of realized gain or loss, resulting from principal collections related to investment repayments or sales, the exchange of one or more existing securities for one or more new securities and the movement of an existing portfolio company out of this category into a different category for the six months ended June 30, 2023.

The aggregate fair value of controlled investments at June 30, 2023 represents 4.8% of the Company’s net assets.

The accompanying notes are an integral part of these consolidated financial statements.

15

BlackRock Capital Investment Corporation

Consolidated Schedules of Investments

December 31, 2022

Issuer(O/Q)	Instrument	Ref(E)	Floor			Spread			Total Coupon			Maturity	Principal		Cost(A)			Fair Value(B)			Notes
Debt Investments
Automobiles
ALCV Purchaser, Inc. (AutoLenders)	First Lien Term Loan	LIBOR(Q)		1.00	%		6.75	%		11.45	%	4/15/2026	$	2,301,990	$	2,274,343		$	2,301,990
ALCV Purchaser, Inc. (AutoLenders)	First Lien Revolver	LIBOR(Q)		1.00	%		6.75	%		11.39	%	4/15/2026	$	233,430		231,163			233,430
																2,505,506			2,535,420
Building Products
Porcelain Acquisition Corporation (Paramount)	First Lien Term Loan	LIBOR(Q)		1.00	%		5.75	%		10.48	%	4/30/2027	$	2,514,995		2,475,461			2,530,084
Capital Markets
Pico Quantitative Trading, LLC	First Lien Term Loan (1.0% Exit Fee)	SOFR(Q)		1.50	%		7.25	%		11.98	%	2/7/2025	$	500,000		489,418			505,000
Pico Quantitative Trading, LLC	First Lien Incremental Term Loan	SOFR(Q)		1.50	%		7.25	%		11.61	%	2/7/2025	$	560,228		540,020			560,228
																1,029,438			1,065,228
Commercial Services & Supplies
Kellermeyer Bergensons Services, LLC	First Lien Term Loan	LIBOR(Q)		1.00	%		6.00	%		10.41	%	11/7/2026	$	1,584,967		1,576,423			1,423,301
Kellermeyer Bergensons Services, LLC	First Lien Delayed Draw Term Loan A	LIBOR(Q)		1.00	%		6.00	%		10.41	%	11/7/2026	$	348,708		346,720			313,140
Kellermeyer Bergensons Services, LLC	First Lien Delayed Draw Term Loan B	LIBOR(Q)		1.00	%		6.00	%		10.41	%	11/7/2026	$	482,944		480,224			433,684
Pueblo Mechanical and Controls, LLC	First Lien Term Loan	SOFR(Q)		0.75	%		6.00	%		10.32	%	8/23/2028	$	1,366,200		1,333,250			1,334,367
Pueblo Mechanical and Controls, LLC	First Lien Delayed Draw Term Loan	SOFR(Q)		0.75	%		6.00	%		10.49	%	8/23/2028	$	357,991		342,382			335,983		N
Pueblo Mechanical and Controls, LLC	First Lien Revolver	SOFR(Q)		0.75	%		6.00	%		10.32	%	8/23/2027	$	—		(5,182	)		(5,128	)	N
Thermostat Purchaser III, Inc. (Reedy Industries)	Second Lien Term Loan	LIBOR(Q)		0.75	%		7.25	%		11.98	%	8/31/2029	$	2,615,252		2,581,172			2,432,184
Thermostat Purchaser III, Inc. (Reedy Industries)	Second Lien Delayed Draw Term Loan	LIBOR(Q)		0.75	%		7.25	%		11.98	%	8/31/2029	$	—		(2,797	)		(31,327	)	N
																6,652,192			6,236,204
Construction & Engineering
CSG Buyer, Inc. (Core States)	First Lien Term Loan	SOFR(Q)		1.00	%		6.00	%		10.84	%	3/31/2028	$	3,275,107		3,209,605			3,157,203
CSG Buyer, Inc. (Core States)	First Lien Delayed Draw Term Loan	SOFR(Q)		1.00	%		6.00	%		10.84	%	3/31/2028	$	—		(10,731	)		(38,632	)	N
CSG Buyer, Inc. (Core States)	First Lien Revolver	SOFR(Q)		1.00	%		6.00	%		10.84	%	3/31/2028	$	—		(10,731	)		(19,316	)	N
Homerenew Buyer, Inc. (Project Dream)	First Lien Term Loan	SOFR(S)		1.00	%		6.50	%		11.54	%	11/23/2027	$	3,565,730		3,482,162			3,448,061
Homerenew Buyer, Inc. (Project Dream)	First Lien Delayed Draw Term Loan	SOFR(S)		1.00	%		6.50	%		11.36	%	11/23/2027	$	4,900,908		4,795,212			4,684,152		N
Homerenew Buyer, Inc. (Project Dream)	First Lien Revolver	SOFR(M)		1.00	%		6.50	%		11.12	%	11/23/2027	$	240,763		224,479			201,038		N
Sunland Asphalt & Construction, LLC	First Lien Term Loan	LIBOR(S)		1.00	%		6.00	%		11.15	%	1/13/2026	$	2,474,828		2,442,580			2,420,381
Sunland Asphalt & Construction, LLC	First Lien Delayed Draw Term Loan	LIBOR(S)		1.00	%		6.00	%		11.15	%	1/13/2026	$	832,161		821,187			813,853
																14,953,763			14,666,740
Consumer Finance
Freedom Financial Network Funding, LLC	First Lien Term Loan	SOFR(S)		1.00	%		9.00	%		13.95	%	9/21/2027	$	5,193,335		5,068,461			5,037,535
Freedom Financial Network Funding, LLC	First Lien Delayed Draw Term Loan	SOFR(S)		1.00	%		9.00	%		13.95	%	9/21/2027	$	—		(20,519	)		(51,933	)	N
Money Transfer Acquisition Inc.	First Lien Term Loan	SOFR(M)		1.00	%		8.25	%		12.67	%	12/14/2027	$	2,594,273		2,542,769			2,542,387
																7,590,711			7,527,989
Containers & Packaging
BW Holding, Inc. (Brook & Whittle)	Second Lien Term Loan	SOFR(Q)		0.75	%		7.50	%		12.05	%	12/14/2029	$	4,559,359		4,465,756			4,226,526
PVHC Holding Corp.	First Lien Term Loan	LIBOR(Q)		1.00	%		4.75	%		9.48	%	8/2/2024	$	10,178,225		9,299,671			9,771,096
																13,765,427			13,997,622
Distributors
Colony Display LLC	First Lien Term Loan	SOFR(S)		1.00	%		9.50	%		13.91	%	6/30/2026	$	2,357,384		2,322,817			2,185,295
Diversified Consumer Services
Elevate Brands OpCo LLC	First Lien Delayed Draw Term Loan	SOFR(Q)		1.00	%		8.50	%		13.23	%	3/15/2027	$	7,900,096		7,812,573			7,830,210		N
Fusion Holding Corp. (Finalsite)	First Lien Term Loan	SOFR(Q)		0.75	%		6.25	%		10.78	%	9/14/2029	$	3,200,924		3,131,854			3,131,144
Fusion Holding Corp. (Finalsite)	First Lien Revolver	SOFR(Q)		0.75	%		6.25	%		10.78	%	9/15/2027	$	—		(5,534	)		(5,592	)	N
Razor Group GmbH (Germany)	First Lien Delayed Draw Term Loan	LIBOR(M)		1.00	%		9.00	%		14.21	%	4/30/2025	$	12,653,058		12,727,131			12,176,370		H/J/N
Razor Group GmbH (Germany)	First Lien Sr Secured Convertible Term Loan	Fixed		—		3.50% Cash + 3.50% PIK				7.00	%	4/30/2025	$	1,638,321		1,638,321			1,762,833		D/H/J
SellerX Germany GmbH & Co. Kg (Germany)	First Lien Delayed Draw Term Loan	LIBOR(Q)		1.00	%	8.00% Cash + 3.00% PIK				15.73	%	11/23/2025	$	6,344,642		6,280,873			6,255,561		D/H/J/N
Thras.io, LLC	First Lien Term Loan	LIBOR(S)		1.00	%		7.00	%		11.17	%	12/18/2026	$	7,301,869		7,207,747			6,434,771		P
Thras.io, LLC	First Lien Delayed Draw Term Loan	LIBOR(S)		1.00	%		7.00	%		11.17	%	12/18/2026	$	3,060,601		2,995,971			2,373,093		P/N

The accompanying notes are an integral part of these consolidated financial statements.

16

BlackRock Capital Investment Corporation

Consolidated Schedules of Investments—(Continued)

December 31, 2022

Issuer(O/Q)	Instrument	Ref(E)	Floor			Spread			Total Coupon			Maturity	Principal		Cost(A)			Fair Value(B)			Notes
Debt Investments - Continued
Whele LLC (Perch)	First Lien Incremental Term Loan	SOFR(M)		1.00	%	8.50% Cash + 3.00% PIK				16.20	%	10/15/2025	$	6,531,157	$	6,564,537		$	6,067,445		D
																48,353,473			46,025,835
Diversified Financial Services
2-10 Holdco, Inc.	First Lien Term Loan	SOFR(M)		0.75	%		6.00	%		10.42	%	3/26/2026	$	6,538,915		6,451,642			6,452,601
2-10 Holdco, Inc.	First Lien Revolver	SOFR(M)		0.75	%		6.00	%		10.42	%	3/26/2026	$	—		(3,117	)		(3,171	)	N
Accordion Partners LLC	First Lien Term Loan	SOFR(Q)		0.75	%		6.25	%		10.83	%	8/29/2029	$	5,356,151		5,240,066			5,216,891
Accordion Partners LLC	First Lien Delayed Draw Term Loan A	SOFR(Q)		0.75	%		6.50	%		11.08	%	8/29/2029	$	—		1,316			(7,017	)	N
Accordion Partners LLC	First Lien Delayed Draw Term Loan B	SOFR(Q)		0.75	%		6.25	%		10.83	%	8/29/2029	$	—		(12,562	)		(15,203	)	N
Accordion Partners LLC	First Lien Revolver	SOFR(Q)		0.75	%		6.25	%		10.83	%	8/31/2028	$	—		(9,941	)		(12,162	)	N
Callodine Commercial Finance, LLC	First Lien Term Loan	LIBOR(Q)		1.00	%		9.00	%		13.73	%	11/3/2025	$	25,000,000		25,000,000			24,775,000
Callodine Commercial Finance, LLC	Subordinated Debt	SOFR(M)		0.25	%		8.50	%		13.14	%	10/8/2027	$	5,000,000		5,000,000			4,930,000		S
GC Champion Acquisition LLC (Numerix)	First Lien Term Loan	SOFR(S)		1.00	%		6.75	%		11.15	%	8/21/2028	$	7,104,830		6,969,338			6,897,369
GC Champion Acquisition LLC (Numerix)	First Lien Delayed Draw Term Loan	SOFR(S)		1.00	%		6.75	%		11.15	%	8/21/2028	$	—		(18,625	)		(57,773	)	N
Gordon Brothers Finance Company	Unsecured Debt	LIBOR(M)		1.00	%		11.00	%		17.38	%	10/31/2021	$	37,686,148		37,686,148			15,228,000		G/R/T
Libra Solutions Intermediate Holdco, LLC et al (fka Oasis Financial, LLC)	Second Lien Term Loan	SOFR(M)		1.00	%		8.50	%		12.93	%	7/5/2026	$	5,000,000		4,929,099			4,870,000
Wealth Enhancement Group, LLC	First Lien Delayed Draw Term Loan	SOFR(S)		1.00	%		6.00	%		10.44	%	10/4/2027	$	3,475,919		3,453,599			3,298,870		N
Wealth Enhancement Group, LLC	First Lien Revolver	SOFR(S)		1.00	%		6.00	%		10.44	%	10/4/2027	$	—		(1,849	)		(10,098	)	N
Worldremit Group Limited (United Kingdom)	First Lien Term Loan (3.0% Exit Fee)	LIBOR(Q)		1.00	%		9.25	%		13.91	%	2/11/2025	$	11,300,000		11,160,087			11,085,300		H/J
																105,845,201			82,648,607
Electrical Equipment
Advanced Lighting Technologies, LLC	Second Lien Sr Secured Notes	LIBOR(M)		2.00	%	16.00% PIK + 6.00% Cash				28.33	%	3/16/2027	$	2,362,743		935,927			708,823		D/I/R/T
Health Care Equipment & Supplies
Zest Acquisition Corp.	Second Lien Term Loan	LIBOR(M)		1.00	%		7.00	%		11.39	%	3/14/2026	$	15,000,000		14,930,552			14,025,000		P
Health Care Providers & Services
INH Buyer, Inc. (IMS Health)	First Lien Term Loan (1.5% Exit Fee)	SOFR(Q)		1.00	%	3.50% Cash + 3.50% PIK				11.68	%	6/28/2028	$	2,703,036		2,657,008			2,121,343		D
Opco Borrower, LLC (Giving Home Health Care)	First Lien Term Loan	SOFR(Q)		1.00	%		6.50	%		11.18	%	8/19/2027	$	341,602		338,323			335,658
Opco Borrower, LLC (Giving Home Health Care)	First Lien Revolver	SOFR(M)		1.00	%		6.50	%		10.87	%	8/19/2027	$	6,250		5,958			5,706		N
Outcomes Group Holdings, Inc.	Second Lien Term Loan	LIBOR(Q)		—			7.50	%		12.23	%	10/26/2026	$	5,769,231		5,762,481			5,480,769
Outcomes Group Holdings, Inc.	Second Lien Term Loan	SOFR(Q)		0.50	%		7.50	%		12.05	%	10/26/2026	$	3,538,462		3,491,614			3,361,538
PHC Buyer, LLC (Patriot Home Care)	First Lien Term Loan	SOFR(S)		0.75	%		6.00	%		10.70	%	5/4/2028	$	3,798,739		3,729,472			3,677,559
PHC Buyer, LLC (Patriot Home Care)	First Lien Delayed Draw Term Loan	SOFR(S)		0.75	%		6.00	%		10.70	%	5/4/2028	$	—		(11,384	)		(46,396	)	N
Team Services Group, LLC	Second Lien Term Loan	LIBOR(S)		1.00	%		9.00	%		13.93	%	11/13/2028	$	6,554,543		6,393,439			6,161,270
																22,366,911			21,097,447
Health Care Technology
Appriss Health, LLC (PatientPing)	First Lien Term Loan	LIBOR(M)		1.00	%		7.25	%		11.54	%	5/6/2027	$	2,868,709		2,826,856			2,710,930
Appriss Health, LLC (PatientPing)	First Lien Revolver	LIBOR(M)		1.00	%		7.25	%		11.54	%	5/6/2027	$	—		(2,786	)		(10,545	)	N
CareATC, Inc.	First Lien Term Loan	LIBOR(Q)		1.00	%		7.25	%		11.99	%	3/14/2024	$	7,664,445		7,608,680			7,541,813
CareATC, Inc.	First Lien Revolver	LIBOR(S)		1.00	%		7.25	%		9.73	%	3/14/2024	$	338,074		336,302			332,665
ESO Solutions, Inc.	First Lien Term Loan	SOFR(Q)		1.00	%		7.00	%		11.59	%	5/3/2027	$	8,380,593		8,238,137			8,045,370
ESO Solutions, Inc.	First Lien Revolver	SOFR(Q)		1.00	%		7.00	%		11.59	%	5/3/2027	$	—		(8,938	)		(24,651	)	N
Gainwell Acquisition Corp.	Second Lien Term Loan	LIBOR(Q)		1.00	%		8.00	%		11.74	%	10/2/2028	$	2,016,737		2,008,293			1,899,767
Sandata Technologies, LLC	First Lien Term Loan	LIBOR(Q)		—			6.00	%		10.75	%	7/23/2024	$	4,500,000		4,476,424			4,396,500
Sandata Technologies, LLC	First Lien Revolver	LIBOR(Q)		—			6.00	%		10.29	%	7/23/2024	$	500,000		497,481			488,500
																25,980,449			25,380,349
Hotels, Restaurants & Leisure
OCM Luxembourg Baccarat Bidco S.A.R.L. (Interblock) (Slovenia)	First Lien Term Loan	SOFR(Q)		0.75	%		6.25	%		10.68	%	6/3/2027	$	5,234,481		5,139,378			5,098,385		H/J
OCM Luxembourg Baccarat Bidco S.A.R.L. (Interblock) (Slovenia)	First Lien Revolver	SOFR(Q)		0.75	%		6.25	%		10.68	%	6/3/2027	$	—		(7,430	)		(10,915	)	H/J/N
																5,131,948			5,087,470
Insurance
AmeriLife Holdings, LLC	First Lien Term Loan	SOFR(Q)		0.75	%		5.75	%		9.58	%	8/31/2029	$	4,121,752		4,043,233			3,952,760
AmeriLife Holdings, LLC	First Lien Delayed Draw Term Loan	SOFR(S)		0.75	%		5.75	%		10.15	%	8/31/2029	$	686,959		670,390			644,711		N
AmeriLife Holdings, LLC	First Lien Revolver	SOFR(Q)		0.75	%		5.75	%		9.58	%	8/31/2028	$	—		(9,728	)		(21,124	)	N

The accompanying notes are an integral part of these consolidated financial statements.

17

BlackRock Capital Investment Corporation

Consolidated Schedules of Investments—(Continued)

December 31, 2022

Issuer(O/Q)	Instrument	Ref(E)	Floor			Spread			Total Coupon			Maturity	Principal		Cost(A)			Fair Value(B)			Notes
Debt Investments - Continued
Integrity Marketing Acquisition, LLC	First Lien Incremental Term Loan	SOFR(M)		0.75	%		6.50	%		10.82	%	8/27/2025	$	5,167,753	$	5,078,283		$	5,126,411
Integrity Marketing Acquisition, LLC	First Lien Incremental Revolver	SOFR(M)		0.75	%		6.50	%		10.82	%	8/27/2025	$	—		(396,355	)		(41,342	)	N
IT Parent, LLC (Insurance Technologies)	First Lien Term Loan	LIBOR(M)		1.00	%		6.25	%		10.63	%	10/1/2026	$	1,933,651		1,907,627			1,807,963
IT Parent, LLC (Insurance Technologies)	First Lien Revolver	LIBOR(M)/PRIME		1.00	%		6.25	%		11.21	%	10/1/2026	$	183,333		180,108			167,083		N/U
Peter C. Foy & Associates Insurance Services, LLC (PCF Insurance)	First Lien Term Loan	SOFR(S)		0.75	%		6.00	%		11.12	%	11/1/2028	$	852,379		840,617			814,022
Peter C. Foy & Associates Insurance Services, LLC (PCF Insurance)	First Lien Delayed Draw Term Loan	SOFR(S)		0.75	%		6.00	%		11.11	%	11/1/2028	$	1,859,529		1,833,303			1,763,340		N
																14,147,478			14,213,824
Internet & Catalog Retail
CommerceHub, Inc.	First Lien Term Loan	PRIME		0.75	%		5.25	%		12.25	%	12/29/2027	$	2,225,715		2,072,848			2,072,141
Syndigo, LLC	Second Lien Term Loan	LIBOR(S)		0.75	%		8.00	%		13.21	%	12/14/2028	$	4,673,472		4,617,397			3,598,574
																6,690,245			5,670,715
Internet Software & Services
Anaconda, Inc.	First Lien Term Loan	SOFR(Q)		1.00	%		7.50	%		11.86	%	8/22/2027	$	1,938,957		1,920,501			1,911,811
Astra Acquisition Corp. (Anthology)	Second Lien Term Loan	LIBOR(M)		0.75	%		8.88	%		13.26	%	10/25/2029	$	7,164,842		7,034,117			6,376,709
Gympass US, LLC	First Lien Term Loan	SOFR(Q)		1.00	%	4.00% Cash + 4.00% PIK				12.77	%	7/8/2027	$	1,922,747		1,905,105			1,890,061		D
InMoment, Inc.	First Lien Term Loan	SOFR(S)		0.75	%	5.00% Cash + 2.50% PIK				11.58	%	6/8/2028	$	11,460,476		11,247,733			11,195,739		D
Magenta Buyer, LLC (McAfee)	First Lien Incremental Term Loan	Fixed		—			12.00	%		12.00	%	7/27/2028	$	667,101		600,391			620,404		P
Magenta Buyer, LLC (McAfee)	Second Lien Term Loan	LIBOR(Q)		0.75	%		8.25	%		12.67	%	7/27/2029	$	7,000,000		6,913,061			5,483,310		P
Persado, Inc.	First Lien Term Loan (6.575% Exit Fee)	SOFR(M)		1.80	%		7.00	%		11.12	%	6/10/2027	$	5,830,726		5,754,713			5,518,783
Persado, Inc.	First Lien Delayed Draw Term Loan (6.575% Exit Fee)	SOFR(M)		1.80	%		7.00	%		11.12	%	6/10/2027	$	1,562,500		1,552,329			1,111,570		N
Pluralsight, Inc.	First Lien Term Loan	LIBOR(Q)		1.00	%		8.00	%		11.83	%	4/6/2027	$	12,069,635		11,881,653			11,598,919
Pluralsight, Inc.	First Lien Revolver	LIBOR(M)		1.00	%		8.00	%		12.36	%	4/6/2027	$	465,183		451,936			428,899		N
Quartz Holding Company (Quick Base)	Second Lien Term Loan	LIBOR(M)		—			8.00	%		12.38	%	4/2/2027	$	5,512,958		5,446,114			5,358,595
Reveal Data Corporation et al	First Lien FILO Term Loan	SOFR(S)		1.00	%		6.50	%		9.92	%	3/9/2028	$	2,814,549		2,752,981			2,721,951
Sailpoint Technologies Holdings, Inc.	First Lien Term Loan	SOFR(M)		0.75	%		6.25	%		10.58	%	8/16/2029	$	4,111,714		4,031,739			3,987,129
Sailpoint Technologies Holdings, Inc.	First Lien Revolver	SOFR(M)		0.75	%		6.25	%		10.58	%	8/16/2028	$	—		(6,262	)		(9,712	)	N
Spartan Bidco Pty Ltd (StarRez) (Australia)	First Lien Term Loan	SOFR(Q)		0.75	%	0.75% Cash + 6.50% PIK				11.46	%	1/24/2028	$	3,845,195		3,774,506			3,736,760		D/H/J
Suited Connector, LLC	First Lien Term Loan	LIBOR(S)		1.00	%		6.00	%		10.92	%	12/1/2027	$	1,396,023		1,371,786			1,119,610
Suited Connector, LLC	First Lien Delayed Draw Term Loan	LIBOR(S)		1.00	%		6.00	%		10.92	%	12/1/2027	$	—		(2,185	)		(67,500	)	N
Suited Connector, LLC	First Lien Revolver	LIBOR(S)		1.00	%		6.00	%		10.98	%	12/1/2027	$	227,273		223,453			182,273
																66,853,671			63,165,311
IT Services
Avalara, Inc.	First Lien Term Loan	SOFR(Q)		0.75	%		7.25	%		11.83	%	10/19/2028	$	2,250,000		2,194,940			2,182,500
Avalara, Inc.	First Lien Revolver	SOFR(Q)		0.75	%		7.25	%		11.83	%	10/19/2028	$	—		(5,443	)		(6,750	)	N
Ensono, Inc.	Second Lien Term Loan B	LIBOR(S)		—			8.00	%		13.15	%	5/28/2029	$	5,000,000		4,958,482			4,625,000
Idera, Inc.	Second Lien Term Loan	LIBOR(Q)		0.75	%		6.75	%		10.50	%	2/4/2029	$	2,867,296		2,849,793			2,351,183
Madison Logic Holdings, Inc.	First Lien Term Loan	SOFR(Q)		1.00	%		7.00	%		11.58	%	12/29/2028	$	5,008,771		4,858,604			4,858,508
Madison Logic Holdings, Inc.	First Lien Revolver	SOFR(Q)		1.00	%		7.00	%		11.58	%	12/30/2027	$	—		(10,784	)		(10,784	)	N
																14,845,592			13,999,657
Leisure Products
Peloton Interactive, Inc.	First Lien Term Loan	SOFR(S)		0.50	%		7.00	%		11.76	%	5/25/2027	$	2,631,567		2,542,648			2,581,119		J/P
Life Sciences Tools & Services
Alcami Corporation	First Lien Term Loan	SOFR(M)		1.00	%		7.00	%		11.42	%	12/21/2028	$	2,202,309		2,125,543			2,125,229
Alcami Corporation	First Lien Delayed Draw Term Loan	SOFR(M)		1.00	%		7.00	%		11.42	%	12/21/2028	$	—		(6,392	)		(6,423	)	N
Alcami Corporation	First Lien Revolver	SOFR(M)		1.00	%		7.00	%		11.42	%	12/21/2028	$	—		(10,228	)		(10,277	)	N
																2,108,923			2,108,529
Machinery
Sonny's Enterprises, LLC	First Lien Term Loan	SOFR(Q)		1.00	%		6.75	%		10.99	%	8/5/2026	$	1,430,193		1,409,814			1,444,495
Sonny's Enterprises, LLC	First Lien Delayed Draw Term Loan	SOFR(Q)		1.00	%		6.75	%		10.99	%	8/5/2026	$	3,855,495		3,801,066			3,894,050
																5,210,880			5,338,545

The accompanying notes are an integral part of these consolidated financial statements.

18

BlackRock Capital Investment Corporation

Consolidated Schedules of Investments—(Continued)

December 31, 2022

Issuer(O/Q)	Instrument	Ref(E)	Floor			Spread			Total Coupon			Maturity	Principal		Cost(A)			Fair Value(B)			Notes
Debt Investments - Continued
Media
NEP II, Inc.	Second Lien Term Loan	LIBOR(M)		—			7.00	%		11.38	%	10/19/2026	$	3,131,760	$	2,921,510		$	2,274,441		P
Streamland Media Midco LLC	First Lien Term Loan	SOFR(Q)		1.00	%		6.75	%		11.11	%	8/31/2023	$	379,050		374,456			361,614
Streamland Media Midco LLC	First Lien Delayed Draw Term Loan	SOFR(Q)		1.00	%		6.75	%		11.11	%	8/31/2023	$	—		(1,460	)		(5,520	)	N
Terraboost Media Operating Company, LLC	First Lien Term Loan	SOFR(Q)		1.00	%		6.50	%		8.14	%	8/23/2026	$	3,601,472		3,540,585			3,338,564
																6,835,091			5,969,099
Metals & Mining
Kemmerer Operations, LLC (WMLP)	First Lien Term Loan	Fixed		—		15.00% PIK				15.00	%	6/21/2023	$	1,956,190		1,956,190			1,956,190		D/F/N
Paper & Forest Products
Alpine Acquisition Corp II (48Forty)	First Lien Term Loan	SOFR(Q)		1.00	%		5.50	%		9.76	%	11/30/2026	$	10,063,709		9,866,133			9,579,644
Alpine Acquisition Corp II (48Forty)	First Lien Revolver	SOFR(Q)		1.00	%		5.50	%		9.76	%	11/30/2026	$	—		(16,709	)		(32,229	)	N
																9,849,424			9,547,415
Professional Services
DTI Holdco, Inc. (Epiq Systems, Inc.)	Second Lien Term Loan	SOFR(Q)		0.75	%		7.75	%		11.84	%	4/26/2030	$	5,007,465		4,913,512			4,586,000		P
GI Consilio Parent, LLC	Second Lien Term Loan	LIBOR(M)		0.50	%		7.50	%		11.88	%	5/14/2029	$	5,000,000		4,959,969			4,795,000
ICIMS, Inc.	First Lien Term Loan	SOFR(Q)		0.75	%	3.38% Cash + 3.88% PIK				11.52	%	8/18/2028	$	11,060,029		10,873,218			10,640,854		D
ICIMS, Inc.	First Lien Delayed Draw Term Loan	SOFR(Q)		0.75	%	3.38% Cash + 3.88% PIK				11.52	%	8/18/2028	$	—		—			(111,339	)	D/N
ICIMS, Inc.	First Lien Revolver	SOFR(Q)		0.75	%		6.75	%		11.02	%	8/18/2028	$	—		(17,307	)		(39,921	)	N
JobandTalent USA, Inc. (United Kingdom)	First Lien Term Loan (3.0% Exit Fee)	SOFR(M)		1.00	%		8.75	%		13.19	%	2/17/2025	$	9,892,491		9,759,102			9,655,071		H/J
JobandTalent USA, Inc. (United Kingdom)	First Lien Delayed Draw Term Loan (3.0% Exit Fee)	SOFR(M)		1.00	%		8.75	%		13.19	%	2/17/2025	$	5,300,000		5,234,978			5,172,800		H/J
RigUp, Inc.	First Lien Delayed Draw Term Loan (4.0% Exit Fee)	LIBOR(M)		1.50	%		7.00	%		11.81	%	3/1/2024	$	500,000		496,559			492,500
TLE Holdings, LLC	First Lien Term Loan	LIBOR(M)		1.00	%		5.50	%		9.88	%	6/28/2024	$	3,820,368		3,583,613			3,658,003
TLE Holdings, LLC	First Lien Delayed Draw Term Loan	LIBOR(M)		1.00	%		5.50	%		9.88	%	6/28/2024	$	977,931		917,326			936,369
VT TopCo, Inc. (Veritext)	Second Lien Term Loan	LIBOR(M)		0.75	%		6.75	%		11.13	%	8/4/2026	$	1,064,655		1,059,229			1,019,407
																41,780,199			40,804,744
Real Estate Management & Development
Greystone Affordable Housing Initiatives, LLC	First Lien Delayed Draw Term Loan	LIBOR(S)		1.25	%		6.00	%		9.05	%	3/2/2026	$	1,866,667		1,866,667			1,844,267		J
Greystone Select Company II, LLC (Passco)	First Lien Term Loan	SOFR(M)		1.50	%		6.50	%		10.94	%	3/21/2027	$	4,661,332		4,576,784			4,577,428
Greystone Select Company II, LLC (Passco)	First Lien Delayed Draw Term Loan	SOFR(M)		1.50	%		6.50	%		10.94	%	3/21/2027	$	—		20,817			(121,195	)	N
																6,464,268			6,300,500
Road & Rail
Motive Technologies, Inc. (fka Keep Truckin, Inc.)	First Lien Term Loan	SOFR(S)		1.00	%		7.25	%		11.03	%	4/8/2025	$	15,000,000		14,848,983			14,895,000
Semiconductors & Semiconductor Equipment
Emerald Technologies (U.S.) AcquisitionCo, Inc	First Lien Term Loan	SOFR(M)		1.00	%		6.25	%		10.67	%	12/29/2027	$	1,899,037		1,865,593			1,785,095		P
Emerald Technologies (U.S.) AcquisitionCo, Inc	First Lien Revolver	SOFR(M)		1.00	%		6.00	%		10.42	%	12/29/2026	$	330,137		249,986			268,505		N
																2,115,579			2,053,600
Software
Aerospike, Inc.	First Lien Term Loan	LIBOR(M)		1.00	%		7.50	%		11.88	%	12/29/2025	$	2,416,867		2,397,971			2,375,297
AlphaSense, Inc.	First Lien Term Loan	SOFR(M)		1.00	%		7.00	%		11.44	%	3/11/2027	$	8,673,018		8,592,729			8,594,961
Aras Corporation	First Lien Term Loan	LIBOR(Q)		1.00	%	3.25% Cash + 3.75% PIK				10.94	%	4/13/2027	$	4,442,604		4,383,120			4,273,786		D
Aras Corporation	First Lien Revolver	LIBOR(S)		1.00	%		6.50	%		9.50	%	4/13/2027	$	102,381		97,919			90,710		N
Backoffice Associates Holdings, LLC (Syniti)	First Lien Term Loan	SOFR(Q)		1.00	%		7.75	%		12.00	%	4/30/2026	$	4,949,797		4,845,184			4,816,153
Backoffice Associates Holdings, LLC (Syniti)	First Lien Revolver	PRIME		1.00	%		6.75	%		14.25	%	4/30/2026	$	519,073		505,266			501,333		N
Bluefin Holding, LLC (BlackMountain)	Second Lien Term Loan	LIBOR(Q)		—			7.75	%		12.48	%	9/3/2027	$	4,809,535		4,762,954			4,756,630
Bonterra LLC (fka CyberGrants Holdings, LLC)	First Lien Term Loan	LIBOR(Q)		0.75	%		6.25	%		10.98	%	9/8/2027	$	2,833,333		2,798,816			2,746,350
Bonterra LLC (fka CyberGrants Holdings, LLC)	First Lien Delayed Draw Term Loan	LIBOR(Q)		0.75	%		6.25	%		10.98	%	9/8/2027	$	54,686		53,168			46,158		N
Bonterra LLC (fka CyberGrants Holdings, LLC)	First Lien Revolver	LIBOR(Q)		0.75	%		6.25	%		10.98	%	9/8/2027	$	103,311		100,015			94,783		N
Elastic Path Software Inc. (Canada)	First Lien Term Loan	SOFR(Q)		1.00	%		7.50	%		11.37	%	1/6/2026	$	1,893,754		1,878,821			1,875,195		H/J

The accompanying notes are an integral part of these consolidated financial statements.

19

BlackRock Capital Investment Corporation

Consolidated Schedules of Investments—(Continued)

December 31, 2022

Issuer(O/Q)	Instrument	Ref(E)	Floor			Spread			Total Coupon			Maturity	Principal		Cost(A)			Fair Value(B)			Notes
Debt Investments - Continued
Elastic Path Software Inc. (Canada)	First Lien Delayed Draw Term Loan	SOFR(Q)		1.00	%		7.50	%		12.12	%	1/6/2026	$	961,395	$	952,144		$	951,973		H/J
Fusion Risk Management, Inc.	First Lien Term Loan	SOFR(Q)		1.00	%	3.25% Cash + 3.75% PIK				11.40	%	8/30/2028	$	362,133		354,405			349,821		D
Fusion Risk Management, Inc.	First Lien Revolver	SOFR(Q)		1.00	%		6.50	%		10.90	%	8/30/2028	$	—		(762	)		(1,220	)	N
Grey Orange Incorporated	First Lien Term Loan (3.75% Exit Fee)	SOFR(Q)		1.00	%		7.25	%		12.23	%	5/6/2026	$	1,539,384		1,525,409			1,520,757
Grey Orange Incorporated	First Lien Delayed Draw Term Loan (3.75% Exit Fee)	SOFR(Q)		1.00	%		7.25	%		11.55	%	5/6/2026	$	923,630		910,497			905,004		N
GTY Technology Holdings Inc.	First Lien Term Loan	SOFR(Q)		0.75	%	2.58% Cash + 4.30% PIK				11.46	%	7/9/2029	$	1,958,707		1,922,412			1,896,028		D
GTY Technology Holdings Inc.	First Lien Delayed Draw Term Loan	SOFR(Q)		0.75	%	2.58% Cash + 4.30% PIK				11.40	%	7/9/2029	$	1,513,252		1,484,207			1,464,827		D
GTY Technology Holdings Inc.	First Lien Revolver	SOFR(Q)		0.75	%		6.25	%		10.83	%	7/9/2029	$	—		(6,532	)		(11,160	)	N
Integrate.com, Inc. (Infinity Data, Inc.)	First Lien Term Loan	LIBOR(M)/SOFR(M)		1.00	%	3.00% Cash + 3.00% PIK				10.34	%	12/17/2027	$	1,837,108		1,796,699			1,781,995		D/U
Integrate.com, Inc. (Infinity Data, Inc.)	First Lien Delayed Draw Term Loan	SOFR(M)		1.00	%	3.00% Cash + 3.00% PIK				10.28	%	12/17/2027	$	—		(1,748	)		(8,000	)	D/N
Integrate.com, Inc. (Infinity Data, Inc.)	First Lien Revolver	SOFR(M)		1.00	%		6.00	%		10.28	%	12/17/2027	$	—		(2,208	)		(4,000	)	N
JOBVITE, Inc. (Employ, Inc.)	First Lien Term Loan	SOFR(S)		0.75	%		8.00	%		10.93	%	8/5/2028	$	7,017,052		6,847,683			6,779,876
Kaseya Inc.	First Lien Term Loan	SOFR(Q)		0.75	%		5.75	%		10.33	%	6/25/2029	$	7,444,189		7,337,399			7,220,864
Kaseya Inc.	First Lien Delayed Draw Term Loan	SOFR(Q)		0.75	%		5.75	%		10.33	%	6/25/2029	$	—		(3,158	)		(13,651	)	N
Kaseya Inc.	First Lien Revolver	SOFR(Q)		0.75	%		5.75	%		10.33	%	6/25/2029	$	—		(6,318	)		(13,651	)	N
Kong Inc.	First Lien Term Loan	SOFR(M)		1.00	%	5.50% Cash + 3.25% PIK				12.99	%	11/1/2027	$	2,100,294		2,058,551			2,058,288		D
Nvest, Inc. (SigFig)	First Lien Term Loan	SOFR(S)		1.00	%		7.50	%		11.49	%	9/15/2025	$	2,349,466		2,318,584			2,289,789
Oversight Systems, Inc.	First Lien Term Loan	LIBOR(M)		1.00	%		7.00	%		11.38	%	9/24/2026	$	1,543,315		1,519,175			1,481,582
SEP Eiger BidCo Ltd. (Beqom) (Switzerland)	First Lien Term Loan	SOFR(Q)		1.00	%	3.00% Cash + 3.50% PIK				10.71	%	5/9/2028	$	5,645,032		5,541,077			5,477,375		D/H/J
SEP Eiger BidCo Ltd. (Beqom) (Switzerland)	First Lien Revolver	SOFR(Q)		1.00	%		6.50	%		10.71	%	5/9/2028	$	—		(10,516	)		(17,476	)	H/J/N
SEP Raptor Acquisition, Inc. (Loopio) (Canada)	First Lien Term Loan	LIBOR(Q)		1.00	%	4.50% Cash + 3.00% PIK				12.25	%	3/31/2027	$	3,799,349		3,742,283			3,730,961		D/H/J
SEP Raptor Acquisition, Inc. (Loopio) (Canada)	First Lien Revolver	LIBOR(Q)		1.00	%	4.50% Cash + 3.00% PIK				12.25	%	3/31/2027	$	—		(5,816	)		(7,373	)	D/H/J/N
Superman Holdings, LLC (Foundation Software)	First Lien Term Loan	LIBOR(Q)		1.00	%		6.13	%		10.85	%	8/31/2027	$	4,616,646		4,536,715			4,538,163
Superman Holdings, LLC (Foundation Software)	First Lien Revolver	LIBOR(Q)		1.00	%		6.13	%		10.85	%	8/31/2026	$	—		(5,050	)		(5,601	)	N
Syntellis Parent, LLC (Axiom Software)	First Lien Term Loan	SOFR(M)		0.75	%		6.50	%		10.82	%	8/2/2027	$	7,652,145		7,502,382			7,422,580
Zendesk, Inc.	First Lien Term Loan	SOFR(Q)		0.75	%		6.50	%		11.04	%	11/22/2028	$	5,190,354		5,086,883			5,086,547
Zendesk, Inc.	First Lien Delayed Draw Term Loan	SOFR(Q)		0.75	%		6.50	%		11.04	%	11/22/2028	$	—		(12,739	)		(25,952	)	N
Zendesk, Inc.	First Lien Revolver	SOFR(Q)		0.75	%		6.50	%		11.04	%	11/22/2028	$	—		(10,499	)		(10,686	)	N
Zilliant Incorporated	First Lien Term Loan	LIBOR(M)		0.75	%	2.00% Cash + 4.50% PIK				10.85	%	12/21/2027	$	1,550,239		1,524,752			1,454,124		D
Zilliant Incorporated	First Lien Delayed Draw Term Loan	LIBOR(M)		0.75	%	2.00% Cash + 4.50% PIK				10.85	%	12/21/2027	$	—		(2,442	)		(22,963	)	D/N
Zilliant Incorporated	First Lien Revolver	LIBOR(M)		0.75	%		6.00	%		10.35	%	12/21/2027	$	—		(2,458	)		(9,185	)	N
																87,306,974			86,430,992
Specialty Retail
Calceus Acquisition, Inc. (Cole Haan)	First Lien Term Loan B	LIBOR(Q)		—			5.50	%		10.23	%	2/12/2025	$	3,678,280		3,399,559			3,387,070		P
Calceus Acquisition, Inc. (Cole Haan)	First Lien Sr Secured Notes	Fixed		—			9.75	%		9.75	%	2/19/2025	$	1,000,000		984,665			916,000
Hanna Andersson, LLC	First Lien Term Loan	LIBOR(M)		1.00	%		6.00	%		10.29	%	7/2/2026	$	7,147,915		7,040,248			6,811,963
																11,424,472			11,115,033
Technology Hardware, Storage & Peripherals
SumUp Holdings Luxembourg S.A.R.L. (United Kingdom)	First Lien Delayed Draw Term Loan	SOFR(Q)		1.00	%		7.00	%		11.68	%	2/17/2026	$	10,842,857		10,679,921			10,452,514		H/J

The accompanying notes are an integral part of these consolidated financial statements.

20

BlackRock Capital Investment Corporation

Consolidated Schedules of Investments—(Continued)

December 31, 2022

Issuer(O/Q)	Instrument	Ref(E)	Floor			Spread			Total Coupon			Maturity	Principal		Cost(A)			Fair Value(B)			Notes
Debt Investments - Continued
Textiles, Apparel & Luxury Goods
James Perse Enterprises, Inc.	First Lien Term Loan	SOFR(Q)		1.00	%		6.25	%		10.93	%	9/8/2027	$	9,862,348	$	9,737,884		$	9,826,843
James Perse Enterprises, Inc.	First Lien Revolver	SOFR(Q)		1.00	%		6.25	%		10.93	%	9/8/2027	$	—		(18,354	)		(5,301	)	N
																9,719,530			9,821,542
Trading Companies & Distributors
Blackbird Purchaser, Inc. (Ohio Transmission Corp.)	Second Lien Term Loan	LIBOR(M)		0.75	%		7.50	%		11.88	%	4/8/2027	$	3,539,347		3,480,055			3,391,402
Blackbird Purchaser, Inc. (Ohio Transmission Corp.)	Second Lien Delayed Draw Term Loan	LIBOR(M)		0.75	%		7.50	%		11.88	%	4/8/2027	$	—		(7,181	)		(49,315	)	N
																3,472,874			3,342,087
Wireless Telecommunication Services
OpenMarket, Inc. (Infobip) (United Kingdom)	First Lien Term Loan	LIBOR(Q)		0.75	%		6.25	%		10.98	%	9/17/2026	$	4,937,500		4,841,489			4,781,475		H/J
Total Debt Investments - 175.9% of Net Assets																598,534,207			560,266,004

The accompanying notes are an integral part of these consolidated financial statements.

21

BlackRock Capital Investment Corporation

Consolidated Schedule of Investments—(Continued)

December 31, 2022

Issuer(O/Q)	Instrument	Total Coupon			Expiration	Shares		Cost(A)		Fair Value(B)		Notes
Equity Securities
Capital Markets
Marsico Holdings, LLC	Limited Partnership/Limited Liability Company Interests						91,445	$	1,848,077	$	—	C/I
Pico Quantitative Trading Holdings, LLC	Warrants to Purchase Membership Units				2/7/2030		162		14,804		38,478	C/I
									1,862,881		38,478
Chemicals
AGY Equity, LLC	Class A Preferred Stock						4,195,600		1,139,597		—	C/F/I
AGY Equity, LLC	Class B Preferred Stock						2,936,920		—		—	C/F/I
AGY Equity, LLC	Class C Common Stock						2,307,580		—		—	C/F/I
									1,139,597		—
Diversified Consumer Services
Elevate Brands Holdco Inc.	Warrants to Purchase Common Stock				3/14/2032		66,428		—		31,965	C/I
Elevate Brands Holdco Inc.	Warrants to Purchase Preferred Stock				3/14/2032		33,214		—		25,645	C/I
MXP Prime Platform GmbH (SellerX) (Germany)	Warrants to Purchase Preferred Series B Shares				11/23/2028		48		—		97,941	C/H/I/J
PerchHQ LLC	Warrants to Purchase Common Stock				10/15/2027		45,283		—		252,226	C/I/L
Razor Group GmbH (Germany)	Warrants to Purchase Preferred Series A1 Shares				4/28/2028		182		—		702,914	C/H/I/J
Razor Group GmbH (Germany)	Warrants to Purchase Series C Shares				4/28/2028		56		—		320,504	C/H/I/J
									—		1,431,195
Diversified Financial Services
Gordon Brothers Finance Company	Common Stock						10,612		10,611,548		—	C/G
Gordon Brothers Finance Company	Preferred Stock		13.50	%			34,285		36,624,685		—	C/G/R
Worldremit Group Limited (United Kingdom)	Warrants to Purchase Series D Stock				2/11/2031		7,662		—		183,658	C/H/I/J
Worldremit Group Limited (United Kingdom)	Warrants to Purchase Series E Stock				8/27/2031		508		—		3,678	C/H/I/J
									47,236,233		187,336
Household Durables
Stitch Holdings, L.P.	Limited Partnership/Limited Liability Company Interests						5,910		5,909,910		4,373,400	C/I
Internet Software & Services
FinancialForce.com, Inc.	Warrants to Purchase Series C Preferred Stock				1/30/2029		450,000		100,544		211,350	C/I
Media
MBS Parent, LLC	Limited Partnership/Limited Liability Company Interests						546		—		—	C/M
Metals & Mining
Kemmerer Holdings, LLC (WMLP)	Limited Partnership/Limited Liability Company Interests						8		753,851		1,618,248	C/F/K
Oil, Gas & Consumable Fuels
TER Management Resources, LLC (fka ETX Energy Management Company, LLC)	Limited Partnership/Limited Liability Company Interests						53,815		—		—	C
Trailblazer Energy Resources, LLC (fka ETX Energy, LLC)	Limited Partnership/Limited Liability Company Interests						51,119		—		—	C/L
									—		—
Software
Grey Orange International Inc.	Warrants to Purchase Common Stock				5/6/2032		2,087		—		8,849	C/I
Trading Companies & Distributors
Blackbird Holdco, Inc. (Ohio Transmission Corp.)	Preferred Stock	12.50% PIK					2,478		2,762,941		2,354,224	D/I
Total Equity Securities - 3.2% of Net Assets									59,765,957		10,223,080
Total Investments - 179.1% of Net Assets								$	658,300,164	$	570,489,084
Cash and Cash Equivalents - 3.0% of Net Assets										$	9,531,190
Total Cash and Investments - 182.1% of Net Assets										$	580,020,274

	Interest Rate Swap as of December 31, 2022(V)
	Company Receives Fixed	Company Pays Floating	Counterparty	Maturity Date	Payment Frequency	Notional Amount		Fair Value
Interest Rate Swap	2.633%	1 Day SOFR	CME	6/9/2025	Annual	$	35,000,000	$	(1,332,299	)

The accompanying notes are an integral part of these consolidated financial statements.

22

BlackRock Capital Investment Corporation

Consolidated Schedules of Investments—(Continued)

December 31, 2022

Notes to Consolidated Schedules of Investments:

(a)Represents amortized cost for fixed income securities and cost for preferred and common stock, limited partnership/limited liability company interests and equity warrants/options.

(b)Pursuant to Rule 2a-5 under the Investment Company Act of 1940 (the "1940 Act"), the Company's Board of Directors designated the Advisor as the valuation designee to perform certain fair value functions, including performing fair value determinations. See Note 2 for further details.

(c)Non-income producing equity securities at December 31, 2022.

(d)Interest may be paid in cash or payment-in-kind (“PIK”), or a combination thereof which is generally at the option of the borrower. PIK earned is included in the cost basis of the security. In accordance with the Company’s policy, PIK is recorded on an effective interest method.

(e)Approximately 99.2% of the fair value of total senior secured loans in the Company’s portfolio bear interest at a floating rate that may be determined by reference to the London Interbank Offered Rate (“LIBOR”), “L”, Secured Overnight Financing Rate (“SOFR”), “S”, or other base rate (commonly the Federal Funds Rate or the Prime Rate), “P”, at the borrower’s option. In addition, 94.2% of the fair value of such senior secured loans have floors of 0.50% to 1.80%. The borrower under a senior secured loan generally has the option to select from interest reset periods of one, two, three or six months and may alter that selection at the end of any reset period. The stated interest rate represents the weighted average interest rate at December 31, 2022 of all contracts within the specified loan facility. LIBOR and SOFR reset monthly (M), quarterly (Q) or semiannually (S).

(f)Transaction and other information for “non-controlled, affiliated” investments under the 1940 Act, whereby the Company owns 5% or more (but not more than 25%) of the portfolio company’s outstanding voting securities, is presented in a separate table of the Consolidated Schedules of Investments.

(g)Transaction and other information for “controlled” investments under the 1940 Act, whereby the Company owns more than 25% of the portfolio company’s outstanding voting securities, is presented in a separate table of the Consolidated Schedules of Investments.

(h)Non-U.S. company or principal place of business outside the U.S.

(i)Securities are either exempt from registration under Rule 144A of the Securities Act, or sale of the security is subject to certain contractual restrictions. Securities that are exempt from registration under 144A may be resold in transactions, normally to qualified institutional buyers. In aggregate, these securities represent 2.9% of the Company’s net assets at December 31, 2022. The acquisition dates for restricted securities of unaffiliated issuers were as follows as of December 31, 2022:

Investment	Initial Acquisition Date
Marsico Holdings, LLC, Limited Partnership/Limited Liability Company Interests	11/28/2007
FinancialForce.com, Warrants to Purchase Series C Preferred Stock	1/30/2019
Pico Quantitative Trading Holdings, LLC, Warrants to Purchase Membership Units	2/7/2020
Worldremit Group Limited (United Kingdom), Warrants to Purchase Series D Stock	2/11/2021
Advanced Lighting Technologies, LLC, Senior Secured Notes	3/16/2021
Razor Group GmbH (Germany), Warrants to Purchase Preferred Series A1 Shares	4/28/2021
Stitch Holdings, L.P., Limited Partnership Interests	7/30/2021
Worldremit Group Limited (United Kingdom), Warrants to Purchase Series E Stock	8/27/2021
MXP Prime Platform GmbH (SellerX) (Germany), Warrants to Purchase Preferred Series B Shares	11/23/2021
Blackbird Holdco, Inc. (Ohio Transmission Corp.), Preferred Stock	12/14/2021
Elevate Brands Holdco Inc., Warrants to Purchase Common Stock	3/14/2022
Elevate Brands Holdco Inc., Warrants to Purchase Preferred Stock	3/14/2022
Grey Orange International Inc., Warrants to Purchase Common Stock	5/6/2022
PerchHQ LLC, Warrants to Purchase Common Stock	9/30/2022
Razor Group GmbH (Germany), Warrants to Purchase Series C Shares	12/23/2022

(j)Investments that the Company has determined are not “qualifying assets” under Section 55(a) of the 1940 Act. Under the 1940 Act, we may not acquire any non-qualifying asset unless, at the time such acquisition is made, qualifying assets represent at least 70% of our total assets. The status of these assets under the 1940 Act may be subject to change. The Company monitors the status of these assets on an ongoing basis. As of December 31, 2022, approximately 15.0% of the total assets of the Company were not qualifying assets under Section 55(a) of the 1940 Act.

(k)The Company is the sole stockholder of BKC ASW Blocker, Inc., a consolidated subsidiary, which is the beneficiary of 5% or more (but not more than 25%) of the voting securities of Kemmerer Operations, LLC and thus non-controlled, affiliated investments.

(l)The Company is the sole stockholder of BKC ASW Blocker, Inc., a consolidated subsidiary, which is the beneficiary of less than 5% of the voting securities of Trailblazer Energy Resources, LLC (fka ETX Energy, LLC) and PerchHQ LLC and thus non-controlled, non-affiliated investments.

(m)The Company is the sole stockholder of BCIC-MBS, LLC, a consolidated subsidiary, which is the beneficiary of less than 5% of the voting securities of MBS Parent, LLC and thus a non-controlled, non-affiliated investment.

(n)Position or associated portfolio company thereof has an unfunded commitment as of December 31, 2022 (see Note 9). Note that there may be additional unfunded positions which do not have a funded component at period end, and therefore are not displayed herein. Any negative balances represent unfunded commitments that were acquired and/or valued at a discount.

(o)Unless otherwise indicated, all investments are considered Level 3 in accordance with ASC Topic 820 (see Note 2).

(p)Investments are considered other than Level 3 in accordance with ASC Topic 820 (see Note 2).

(q)As of December 31, 2022, the Company generally uses Global Industry Classification Standard (“GICS”) codes to identify the industry groupings. This information is unaudited.

(r)The investment is on non-accrual status as of December 31, 2022 and therefore non-income producing. At December 31, 2022, the aggregate fair value and amortized cost of the Company’s debt and preferred stock investments on non-accrual status represents 2.8% and 11.8% of the Company's debt and preferred stock investments at fair value and amortized cost, respectively.

(s)This investment will have a first lien security interest after the senior tranches are repaid.

(t)Total coupon includes default interest of 2.00%.

(u)Portions of the loan bear interest using a combination of LIBOR, SOFR, and/or the Prime rate. The total coupon represents the weighted average interest rate at December 31, 2022 of all contracts within the loan facility.

(v)Refer to Notes 2 and 4 for additional information on the Company’s Interest Rate Swap.

The accompanying notes are an integral part of these consolidated financial statements.

23

BlackRock Capital Investment Corporation

Consolidated Schedules of Investments—(Continued)

December 31, 2022

Non-Controlled Affiliate Security(1)	Dividends and interest income(2)		Fair Value at December 31, 2021		Net realized gain (loss)(2)		Net increase or decrease in unrealized appreciation or depreciation(2)			Acquisitions(3)		Dispositions(4)			Fair Value at December 31, 2022
AGY Equity, LLC:
Class A Preferred Stock	$	—	$	251,736	$	—	$	(251,736	)	$	—	$	—		$	—
Class B Preferred Stock		—		—		—		—			—		—			—
Class C Common Stock		—		—		—		—			—		—			—
Kemmerer Operations, LLC (WMLP):
Senior Secured Loan, First Lien		455,516		3,091,618		—		—			346,256		(1,481,684	)		1,956,190
Delayed Draw Term Loan, First Lien		1,170		42,550		—		—			1,188		(43,738	)		—
Kemmerer Holdings, LLC (WMLP):
Limited Liability Co. Interest		—		746,074		—		872,174			—		—			1,618,248
Totals	$	456,686	$	4,131,978	$	—	$	620,438		$	347,444	$	(1,525,422	)	$	3,574,438

(1)The issuers of the securities listed on this schedule are considered non-controlled, affiliated investments under the 1940 Act due to the ownership by the Company of 5% to 25% of the issuers’ voting securities.

(2)Amounts reported above are for the year ended December 31, 2022. Dividends and interest income also includes fee income as applicable.

(3)Acquisitions include new purchases, PIK income and amortization of original issue and market discounts, and the movement of an existing portfolio company into this category from a different category for the year ended December 31, 2022.

(4)Dispositions include decreases in the cost basis of investments, net of realized gain or loss, resulting from principal collections related to investment repayments or sales, the exchange of one or more existing securities for one or more new securities and the movement of an existing portfolio company out of this category into a different category for the year ended December 31, 2022.

The aggregate fair value of non-controlled, affiliated investments at December 31, 2022 represents 1.1% of the Company’s net assets.

Controlled Affiliate Security(1)	Dividends and interest income(2)		Fair Value at December 31, 2021		Net realized gain (loss)(2)		Net increase or decrease in unrealized appreciation or depreciation(2)			Acquisitions(3)		Dispositions(4)			Fair Value at December 31, 2022
Gordon Brothers Finance Company:
Unsecured Debt	$	—	$	21,927,071	$	—	$	(2,523,687	)	$	—	$	(4,175,384	)	$	15,228,000
Preferred Stock		—		—		—		—			—		—			—
Common Stock		—		—		—		—			—		—			—
Totals	$	—	$	21,927,071	$	—	$	(2,523,687	)	$	—	$	(4,175,384	)	$	15,228,000

(1)The issuers of the securities listed on this schedule are considered controlled affiliates under the 1940 Act due to the ownership by the Company of more than 25% of the issuers’ voting securities.

(2)Amounts reported above are for the year ended December 31, 2022. Dividends and interest income also includes fee income as applicable.

(3)Acquisitions include increases in the cost basis of investments resulting from new portfolio investments, PIK interest or dividends, the amortization of unearned income, the exchange of one or more existing securities for one or more new securities and the movement of an existing portfolio company into this category from a different category for the year ended December 31, 2022.

(4)Dispositions include decreases in the cost basis of investments, net of realized gain or loss, resulting from principal collections related to investment repayments or sales, the exchange of one or more existing securities for one or more new securities and the movement of an existing portfolio company out of this category into a different category for the year ended December 31, 2022.

The aggregate fair value of controlled investments at December 31, 2022 represents 4.8% of the Company’s net assets.

The accompanying notes are an integral part of these consolidated financial statements.

24

BlackRock Capital Investment Corporation

Notes to Consolidated Financial Statements

(Unaudited)

1. Organization

BlackRock Capital Investment Corporation (together with its subsidiaries, the “Company”) was organized as a Delaware corporation on April 13, 2005 and was initially funded on July 25, 2005. The Company has elected to be regulated as a business development company (“BDC”) under the Investment Company Act of 1940 (the “1940 Act”). In addition, for tax purposes the Company has qualified and has elected to be treated as a regulated investment company (“RIC”) under the Internal Revenue Code of 1986 (the “Code”).

The Company’s investment objective is to generate both current income and capital appreciation through debt and equity investments. We invest primarily in middle-market companies in the form of senior debt securities and loans, and our investment portfolio may include junior secured and unsecured debt securities and loans, each of which may include an equity component.

2. Summary of Significant Accounting Policies

Basis of Presentation

The accompanying consolidated financial statements are prepared in accordance with United States (“U.S.”) generally accepted accounting principles (“GAAP”). The Company is an investment company following the accounting and reporting guidance in Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) 946, Financial Services-Investment Company (“ASC 946”).

The accompanying consolidated financial statements include the accounts of the Company and its subsidiaries, which were established to hold certain investments of the Company. The Company owns 100% of each subsidiary and, as such, the subsidiaries are consolidated into the Company’s consolidated financial statements. The subsidiaries hold investments which are treated as pass through entities for tax purposes. By investing through these 100% owned subsidiaries, the Company is able to benefit from corporate tax treatment for these entities and thereby create a tax structure that is more advantageous with respect to the RIC status of the Company. Intercompany balances and transactions are eliminated in consolidation.

Certain prior period information has been reclassified to conform to the current period presentation. The reclassification has no effect on the Company’s consolidated financial position or the consolidated results of operations as previously reported.

Expenses are recorded on an accrual basis.

Unaudited Interim Consolidated Financial Statements

Certain financial information that is normally included in annual financial statements, including certain financial statement footnotes, prepared in accordance with GAAP, is not required for interim reporting purposes and has been condensed or omitted herein. These consolidated financial statements should be read in conjunction with the Company’s consolidated financial statements and notes related thereto included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2022, which was filed with the Securities and Exchange Commission (“SEC”) on March 1, 2023.

The interim financial information at June 30, 2023 and for the three and six months ended June 30, 2023 and 2022 is unaudited. However, in the opinion of management, the interim information includes all normal recurring adjustments necessary for the fair presentation of the Company’s results for the periods presented. The results of operations for interim periods are not necessarily indicative of results to be expected for the full year.

Use of Estimates

The preparation of the consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the consolidated financial statements, as well as the reported amounts of revenues and expenses during the reporting periods presented. Although management believes these estimates and assumptions to be reasonable, actual results could differ from those estimates and such differences could be material.

Investment Valuation

Pursuant to Rule 2a-5 (the "Rule") under the 1940 Act, the Company’s Board of Directors (the "Board") has designated BlackRock Capital Investment Advisors, LLC (“BCIA” or the “Advisor”) as the Company’s valuation designee (the “Valuation Designee”) to perform certain fair value functions, including performing fair value determinations, and has reviewed and approved amended policies and procedures adopted by BCIA to seek to ensure compliance with the requirements of the Rule as part of such designation. The Valuation Designee will provide quarterly valuation reporting and notifications on any material valuation matters to the Board as required under the Rule.

25

Investments are recorded at fair value based upon the principles and methods of valuation set forth in the Valuation Designee's policies and procedures adopted for the Company by the Board and the Valuation Designee. Securities traded on a recognized securities exchange are valued using the close price on the exchange on valuation date. Investments for which market prices from an exchange are not readily available are valued using the last available bid price or quote provided by an independent pricing service or one or more broker-dealers or market makers, unless they are deemed not to represent fair value. Debt and equity securities for which market quotations are not readily available or for which market quotations are deemed not to represent fair value are valued at fair value as determined in good faith by or under the direction of the Company’s Valuation Designee.

Because the Company expects that there will not be a readily available market for all of the investments in its portfolio, the Company expects to value a significant portion of its portfolio investments at fair value as determined in good faith by or under the direction of the Valuation Designee using a consistently applied valuation process in accordance with documented valuation policies and procedures reviewed and approved by a committee established by the Valuation Designee (the "Valuation Committee"). Due to the inherent uncertainty and subjectivity of determining the fair value of investments that do not have a readily available market value, the fair value of the Company’s investments may differ significantly from the values that would have been used had a readily available market value existed for such investments and may differ materially from the values that the Company may ultimately realize, as these amounts depend on future circumstances and cannot reasonably be determined until the individual investments are actually liquidated. Such circumstances may include macroeconomic, cyclical, geopolitical and other events and conditions such as the COVID-19 pandemic and the Russian military invasion of Ukraine, rising interest rates and risks related to inflation and credit risk, that may significantly impact the profitability or viability of businesses in which the Company is invested, and therefore may significantly impact the return on and realizability of the Company’s investments.

In addition, changes in the market environment and other events may have differing impacts on the market quotations used to value some of the Company’s investments than on the fair values of the Company’s investments for which market quotations are not readily available. Market quotations may be deemed not to represent fair value in certain circumstances where the Valuation Designee believes that facts and circumstances applicable to an issuer, a seller, a purchaser or the market for a particular security cause current market quotations to not reflect the fair value of the security. Examples of these events could include cases where a security trades infrequently causing a quoted purchase or sale price to become stale, where there is a “forced” sale by a distressed seller, where market quotations vary substantially among market makers, or where there is a wide bid-ask spread or significant increase in the bid-ask spread.

With respect to the Company’s investments for which market quotations are not readily available or for which market quotations are deemed not to represent fair value, the Valuation Designee has approved a multi-step valuation process applied each quarter, as described below:

(i)The quarterly valuation process begins with each portfolio company or investment being initially evaluated and rated by the investment professionals of the Valuation Designee responsible for the portfolio investment;

(ii)The investment professionals provide recent portfolio company financial statements and other reporting materials as and when available to independent valuation firms engaged by the Valuation Designee and approved by the Valuation Committee (with the exception of statements and materials related to investments priced directly by the Valuation Designee as described in (iv) below), such firms conduct independent appraisals each quarter and their preliminary valuation conclusions are documented and discussed with senior management of the Advisor;

(iii)The Valuation Committee reviews the preliminary valuations prepared by the independent valuation firm and the Valuation Designee, as applicable;

(iv)The fair value of certain investments, comprising in the aggregate, less than 5% of the Company’s net asset value and no more than 15% of total positions held, respectively, may be determined by the Valuation Designee in good faith without the engagement of an independent valuation firm in accordance with the Company’s valuation policy; provided that if only the threshold with respect to the number of all positions valued at zero or immaterial amounts is exceeded, the Valuation Designee may request the Valuation Committee's approval to not request a fair valuation from an independent valuation firm for all such positions; and

(v)The Valuation Designee discuss valuations and determines the fair value of each investment in the portfolio in good faith based on the input of the Valuation Committee and the respective independent valuation firms.

Those investments for which market quotations are not readily available or for which market quotations are deemed not to represent fair value are valued generally utilizing a market approach, an income approach, or both approaches, as appropriate. The market approach uses prices and other relevant information generated by market transactions involving identical or comparable assets or liabilities (including a business). The income approach uses valuation techniques to convert future amounts (for example, cash flows or earnings) to a single present amount (discounted). The measurement is based on the value indicated by current market expectations about those future amounts. In following these approaches, the types of factors that the Company may take into account in determining the fair value of its investments include, as relevant and among other factors: available current market data, including relevant and applicable market trading and transaction comparables, applicable market yields and multiples, security covenants, call protection provisions, information rights, the nature and realizable value of any collateral, the portfolio company’s ability to make payments, (e.g. non-performance risk), its earnings and discounted cash flows, the markets in which the portfolio company does business, comparisons of financial ratios of peer companies that are public, M&A comparables, the Company’s principal market (as the reporting entity), any bid for a Company asset (irrespective of the perceived validity of such bid), and enterprise values. For positions acquired during the current quarter, the Valuation Designee generally believes that cost will approximate fair

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value. As such, an independent valuation, in certain cases, may not be obtained until the quarter-end after the quarter the investment is acquired in.

ASC 820-10, Fair Value Measurements and Disclosures (“ASC 820-10”), issued by the FASB, defines fair value, establishes a framework for measuring fair value and requires disclosures about fair value measurements. ASC 820-10 defines fair value as the price that the Company would receive upon selling an investment or pay to transfer a liability in an orderly transaction to a market participant in the principal or most advantageous market for the investment. ASC 820-10 emphasizes that valuation techniques maximize the use of observable market inputs and minimize the use of unobservable inputs. Inputs refer broadly to the assumptions that market participants would use in pricing an asset or liability, including assumptions about risk. Inputs may be observable or unobservable. Observable inputs are inputs that reflect the assumptions market participants would use in pricing an asset or liability developed based on market data obtained from sources independent of the Company. Unobservable inputs are inputs that reflect the Company’s assumptions about the assumptions market participants would use in pricing an asset or liability developed based on the best information available in the circumstances.

Level 1 – Valuations based on unadjusted quoted prices in active markets for identical assets or liabilities that the Company has the ability to access.

Level 2 – Valuations based on unadjusted quoted prices in markets that are not active or for which most significant inputs are observable, either directly or indirectly.

Level 3 – Valuations based on inputs that are unobservable and significant to the overall fair value measurement. The inputs into the determination of fair value may require significant management judgment or estimation.

Transfers between levels, if any, represent the value as of the beginning of the period of any investment where a change in the pricing level occurred from the beginning to the end of the period.

At June 30, 2023, the Company’s investments were categorized as follows:

Level	Basis for Determining Fair Value	Bank Debt(1)		Other Corporate Debt(2)		Equity Securities		Total
1	Quoted prices in active markets for identical assets	$	—	$	—	$	—	$	—
2	Other direct and indirect observable market inputs(3)		35,656,092		—		—		35,656,092
3	Valuation sources that employ significant unobservable inputs		535,307,387		20,942,000		3,931,932		560,181,319
Total		$	570,963,479	$	20,942,000	$	3,931,932	$	595,837,411

(1)Includes senior secured loans.

(2)Includes senior secured notes, unsecured debt and subordinated debt.

(3)For example, quoted prices in inactive markets or quotes for comparable investments.

Unobservable inputs used in the fair value measurement of Level 3 investments as of June 30, 2023 included the following:

Asset Type	Fair Value		Valuation Technique	Unobservable Input	Weighted Average Range(1) (Concluded Value)(2)
Bank Debt	$	505,516,761	Income approach	Discount rate	13.0% - 13.8% (13.5%)
		26,825,380	Market quotations	Indicative bid/ask quotes	1 (1)
		1,189,932	Market comparable companies	Revenue multiples	0.5x - 0.7x (0.6x)
		1,775,314	Option Pricing Model	Implied volatility	60.0% - 70.0% (65.0%)
				Term	1.3 years - 2.3 years (1.8 years)
				EBITDA/Revenue multiples	1.8x - 2.3x (2.0x)
Other Corporate Debt		20,942,000	Income approach	Discount rate	13.8% - 15.3% (14.4%)
Equity		1,399,668	Option Pricing Model	EBITDA/Revenue multiples	2.4x - 2.9x (2.7x)
				Implied volatility	57.8% - 67.8% (62.8%)
				Term	1.5 years - 2.5 years (2.0 years)
		2,400,116	Income approach	Discount rate	13.4% - 13.9% (13.6%)
		132,148	Market comparable companies	Revenue multiples	2.3x - 2.6x (2.5x)
	$	560,181,319

(1)Representing the weighted average of each significant unobservable input range at the investment level by fair value.

(2)Representing the weighted average of each significant unobservable input for concluded value at the investment level by fair value.

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Certain fair value measurements may employ more than one valuation technique, with each valuation technique receiving a relative weight between 0% and 100%. Generally, a change in an unobservable input may result in a change to the value of an investment as follows:

Input	Impact to Value if Input Increases	Impact to Value if Input Decreases
Discount rate	Decrease	Increase
Revenue multiples	Increase	Decrease
EBITDA multiples	Increase	Decrease
Book value multiples	Increase	Decrease
Implied volatility	Increase	Decrease
Term	Increase	Decrease
Yield	Increase	Decrease

Changes in investments categorized as Level 3 during the three months ended June 30, 2023 were as follows:

	Bank Debt			Other Corporate Debt			Equity Securities			Total
Beginning balance	$	525,892,549		$	21,594,000		$	8,354,948		$	555,841,497
Net realized and unrealized gains (losses)		1,398,994			(150,641	)		(4,512,056	)		(3,263,703	)
Acquisitions(1)		21,238,755			1,557			89,040			21,329,352
Dispositions		(5,719,598	)		(502,916	)		—			(6,222,514	)
Transfers into Level 3(2)		7,380,725			—			—			7,380,725
Transfers out of Level 3(3)		(14,884,038	)		—			—			(14,884,038	)
Ending balance	$	535,307,387		$	20,942,000		$	3,931,932		$	560,181,319
Net change in unrealized appreciation/depreciation during the period on investments still held at period end (included in net realized and unrealized gains/losses, above)	$	1,360,798		$	(150,641	)	$	(4,512,056	)	$	(3,301,899	)

(1)Includes payments received in kind and accretion of original issue and market discounts.

(2)Comprised of two investments that were transferred from Level 2 to Level 3 due to decreased observable market activity.

(3)Comprised of five investments that were transferred from Level 3 to Level 2 due to increased observable market activity.

Changes in investments categorized as Level 3 during the six months ended June 30, 2023 were as follows:

	Bank Debt			Other Corporate Debt			Equity Securities			Total
Beginning balance	$	494,932,878		$	21,782,823		$	10,223,080		$	526,938,781
Net realized and unrealized gains (losses)		1,855,751			436,820			(6,154,586	)		(3,862,015	)
Acquisitions(1)		58,314,673			3,409			175,382			58,493,464
Dispositions		(10,258,442	)		(1,281,052	)		(311,944	)		(11,851,438	)
Transfers into Level 3(2)		6,371,096			—			—			6,371,096
Transfers out of Level 3(3)		(15,908,569	)		—			—			(15,908,569	)
Ending balance	$	535,307,387		$	20,942,000		$	3,931,932		$	560,181,319
Net change in unrealized appreciation/depreciation during the period on investments still held at period end (included in net realized and unrealized gains/losses, above)	$	1,309,491		$	367,507		$	(4,848,282	)	$	(3,171,284	)

(1)Includes payments received in kind and accretion of original issue and market discounts.

(2)Comprised of two investments that were transferred from Level 2 to Level 3 due to decreased observable market activity.

(3)Comprised of five investments that were transferred from Level 3 to Level 2 due to increased observable market activity.

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At December 31, 2022, the Company’s investments were categorized as follows:

Level	Basis for Determining Fair Value	Bank Debt(1)		Other Corporate Debt(2)		Equity Securities		Total
1	Quoted prices in active markets for identical assets	$	—	$	—	$	—	$	—
2	Other direct and indirect observable market inputs(3)		43,550,303		—		—		43,550,303
3	Valuation sources that employ significant unobservable inputs		494,932,878		21,782,823		10,223,080		526,938,781
Total		$	538,483,181	$	21,782,823	$	10,223,080	$	570,489,084

(1)Includes senior secured loans.

(2)Includes senior secured notes, unsecured debt and subordinated debt.

(3)For example, quoted prices in inactive markets or quotes for comparable investments.

Unobservable inputs used in the fair value measurement of Level 3 investments as of December 31, 2022 included the following:

Asset Type	Fair Value		Valuation Technique	Unobservable Input	Weighted Average Range(1) (Concluded Value)(2)
Bank Debt	$	450,067,848	Income approach	Discount rate	12.9% - 13.7% (13.3%)
		43,102,197	Market quotations	Indicative bid/ask quotes	1 (1)
		1,762,833	Option Pricing Model	Implied volatility	60.0% - 70.0% (65.0%)
				Term	1.8 years - 2.8 years (2.3 years)
Other Corporate Debt		21,074,000	Income approach	Discount rate	13.6% - 15.1% (14.3%)
		708,823	Market comparable companies	Revenue multiples	0.1x - 0.2x (0.2x)
Equity		1,586,504	Option Pricing Model	EBITDA/Revenue multiples	3.6x - 3.9x (3.8x)
				Implied volatility	58.2% - 68.2% (63.2%)
				Term	1.8 years - 2.9 years (2.4 years)
		4,373,400	Market comparable companies	EBITDA multiples	5.8x - 6.8x (6.3x)
		3,972,472	Income approach	Discount rate	20.3% - 32.8% (24.6%)
		290,704	Market comparable companies	Revenue multiples	2.1x - 2.3x (2.2x)
	$	526,938,781

(1)Representing the weighted average of each significant unobservable input range at the investment level by fair value.

(2)Representing the weighted average of each significant unobservable input for concluded value at the investment level by fair value.

Changes in investments categorized as Level 3 during the three months ended June 30, 2022 were as follows:

	Bank Debt			Other Corporate Debt			Equity Securities			Total
Beginning balance	$	448,941,825		$	28,664,354		$	12,894,493		$	490,500,672
Net realized and unrealized gains (losses)		(7,868,042	)		692,232			(768,142	)		(7,943,952	)
Acquisitions(1)		71,509,591			1,318			78,729			71,589,638
Dispositions		(20,890,895	)		(4,175,384	)		—			(25,066,279	)
Transfers into Level 3(2)		6,987,400			—			—			6,987,400
Transfers out of Level 3(3)		(1,877,265	)		—			—			(1,877,265	)
Ending balance	$	496,802,614		$	25,182,520		$	12,205,080		$	534,190,214
Net change in unrealized appreciation/depreciation during the period on investments still held at period end (included in net realized and unrealized gains/losses, above)	$	(7,592,410	)	$	692,232		$	(768,142	)	$	(7,668,320	)

(1)Includes payments received in kind and accretion of original issue and market discounts.

(2)Comprised of one investment that was transferred from Level 2 to Level 3 due to decreased observable market activity.

(3)Comprised of one investment that was transferred from Level 3 to Level 2 due to increased observable market activity.

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Changes in investments categorized as Level 3 during the six months ended June 30, 2022 were as follows:

	Bank Debt			Other Corporate Debt			Equity Securities			Total
Beginning balance	$	483,970,602		$	28,568,871		$	12,489,257		$	525,028,730
Net realized and unrealized gains (losses)		(9,826,619	)		786,218			(453,966	)		(9,494,367	)
Acquisitions(1)		114,309,011			2,815			169,789			114,481,615
Dispositions		(98,691,530	)		(4,175,384	)		—			(102,866,914	)
Transfers into Level 3(2)		7,041,150			—			—			7,041,150
Ending balance	$	496,802,614		$	25,182,520		$	12,205,080		$	534,190,214
Net change in unrealized appreciation/depreciation during the period on investments still held at period end (included in net realized and unrealized gains/losses, above)	$	(9,255,305	)	$	770,779		$	(453,966	)	$	(8,938,492	)

(1)Includes payments received in kind and accretion of original issue and market discounts.

(2)Comprised of one investment that was transferred from Level 2 to Level 3 due to decreased observable market activity.

Investment Transactions

Security transactions are accounted for on the trade date unless there are substantial conditions to the transaction. Realized gains or losses are measured by the difference between the net proceeds from the disposition and the amortized cost of the investment. Unrealized gains or losses primarily reflect the change in investment values, including the reversal of previously recorded unrealized gains or losses when gains or losses are realized. Realized gains or losses on the disposition of investments are calculated using the specific identification method.

Cash and Cash Equivalents

Cash consists of amounts held in accounts with the custodian bank. Cash equivalents include short-term liquid overnight investments with original maturities of three months or less and may not be insured by the Federal Deposit Insurance Corporation or may exceed federally insured limits. Cash equivalents are classified as Level 1 in the fair value hierarchy.

Restricted Investments

The Company may invest without limitation in instruments that are subject to legal or contractual restrictions on resale. These instruments generally may be resold to institutional investors in transactions exempt from registration or to the public if the securities are registered. Disposal of these investments may involve time-consuming negotiations and additional expense, and prompt sale at an acceptable price may be difficult. See Notes to the Consolidated Schedules of Investments. Restricted investments, including any restricted investments in affiliates, are valued in accordance with the investment valuation policies discussed above.

Foreign Currency Investments

The Company may invest in instruments traded in foreign countries and denominated in foreign currencies. Foreign currency amounts are translated into U.S. dollars on the following basis:

(i)market value of investment securities, other assets and liabilities—at the spot exchange rate on the last business day of the period; and

(ii)purchases and sales of investment securities, income and expenses—at the rates of exchange prevailing on the respective dates of such transactions, income or expenses.

Although net assets and fair values are presented based on the applicable foreign exchange rates described above, the Company may not isolate that portion of the results of operations resulting from changes in foreign exchange rates on investments from the fluctuations arising from changes in fair values of investments held. Such fluctuations are included with the net realized and unrealized gain or loss from investments.

Investments denominated in foreign currencies and foreign currency transactions may involve certain considerations and risks not typically associated with those of domestic origin, including unanticipated movements in the value of the foreign currency relative to the U.S. dollar. There were no investments denominated in foreign currency as of June 30, 2023 and December 31, 2022.

Derivative Instruments:

The Company records all derivative financial instruments as either assets or liabilities at fair value on a gross basis in the Consolidated Statements of Assets and Liabilities.

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Foreign Currency Forward Contracts and Warrants

The Company may enter into forward foreign currency contracts from time to time to facilitate settlement of purchases and sales of investments denominated in foreign currencies or to help mitigate the impact that an adverse change in foreign exchange rates would have on the value of the Company’s investments denominated in foreign currencies. A forward foreign currency contract is a commitment to purchase or sell a foreign currency at a future date (usually the security transaction settlement date) at a negotiated forward rate. These contracts are marked-to-market by recognizing the difference between the contract exchange rate and the current market rate as unrealized appreciation or depreciation. Realized gains or losses are recognized when contracts are settled. Risks may arise as a result of the potential inability of the counterparties to meet the terms of their contracts. The Company attempts to limit this risk by dealing with only creditworthy counterparties. There were no open forward foreign currency contracts at June 30, 2023 and December 31, 2022.

The Company holds warrants and options in certain portfolio companies in an effort to achieve additional investment return. In purchasing warrants and options, the Company bears the risk of an unfavorable change in the value of the underlying equity interest. The aggregate fair value of warrants and options as of June 30, 2023 and December 31, 2022 represented 0.5% and 0.6% of the Company’s net assets, respectively.

Interest Rate Swap

The Company entered into a centrally-cleared interest rate swap (the “Interest Rate Swap”) to economically hedge the interest payable on the fixed rate tranche of the Company’s 2025 Private Placement Notes (as defined below) (see Note 4). The Company is required to deposit initial margin with the broker in the form of cash in an amount that varies depending on the size and risk profile of the particular swap. Pursuant to the contract, the Company agrees to receive from or pay to the broker daily variation margin. The amounts related to the right to claim or the obligation to return cash collateral may not be used to offset amounts due under the Interest Rate Swap contract in the normal course of settlement. Therefore, both the initial margin and variation margin paid are included as assets within Due from broker on the Consolidated Statements of Assets and Liabilities at June 30, 2023 and December 31, 2022.

Changes in the fair value of the swap contract, net of any periodic interest accruals, are presented as part of change in unrealized appreciation (depreciation) on the Consolidated Statements of Operations. The Interest Rate Swap is recorded at fair value and is presented as a liability on the Company's Consolidated Statements of Assets and Liabilities at June 30, 2023 and December 31, 2022. Interest rate swap agreements are valued utilizing quotes received from independent pricing services or through brokers, which are derived using daily swap curves and models that incorporate a number of market data factors, such as discounted cash flows, trades and values of the underlying reference instruments. The fair value of the Interest Rate Swap is classified as Level 2 with respect to the fair value hierarchy. See Note 4 for additional information on the Company’s Interest Rate Swap.

Debt Issuance Costs

Certain costs incurred in connection with the issuance and/or extension of debt of the Company and its subsidiaries were capitalized and are being amortized on a straight-line basis over the estimated remaining life of the respective instruments. The impact of utilizing the straight-line amortization method versus the effective-interest method is not material to the operations of the Company.

Revenue Recognition

Interest and dividend income, including income paid in kind, is recorded on an accrual basis, when such amounts are considered collectible. Origination, structuring, closing, commitment and other upfront fees, including original issue discounts, earned with respect to capital commitments are generally amortized or accreted into interest income over the life of the respective debt investment, as are end-of-term or exit fees receivable upon repayment of a debt investment. Other fees, including certain amendment fees, prepayment fees and commitment fees on broken deals, are recognized as earned.

Certain debt investments are purchased at a discount to par as a result of the underlying credit risks and financial results of the issuer, as well as general market factors that influence the financial markets as a whole. Discounts on the acquisition of corporate bonds are generally amortized using the effective-interest or constant-yield method assuming there are no questions as to collectability. When principal payments on a loan are received in an amount in excess of the loan’s amortized cost, the excess principal payments are recorded as interest income.

For loans and securities with payment-in-kind (“PIK”) income, which represents contractual interest or dividends accrued and added to the principal balance and generally due at maturity, such income is accrued only to the extent that the Advisor believes that the PIK income is likely to be collected. To maintain the Company’s status as a RIC, this non-cash source of income must be paid out to stockholders in the form of dividends, even though the Company has not yet collected the cash.

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Income Taxes

The Company intends to comply with the requirements of the Internal Revenue Code of 1986, as amended, applicable to regulated investment companies, and to distribute substantially all of its taxable income to its shareholders. Therefore, no U.S. federal income tax provision is required.

The tax returns of the Company remain open for examination by tax authorities for a period of three years from the date they are filed. No such examinations are currently pending. Management has analyzed tax laws and regulations and their application to the Company as of June 30, 2023, inclusive of the open tax return years, and does not believe that there are any uncertain tax positions that require recognition of a tax liability in the consolidated financial statements.

The final tax characterization of dividends is determined after the fiscal year and is reported on Form 1099 and in the Company’s annual report to shareholders. Dividends can be characterized as ordinary income, capital gains and/or return of capital. As of December 31, 2022, the Company had non-expiring capital loss carryforwards in the amount of $401,155,603 available to offset future realized capital gains.

At December 31, 2022, gross unrealized appreciation and depreciation based on the cost of the Company's investments for U.S. federal income tax purposes were as follows:

	December 31, 2022
Tax basis of investments	$	615,741,586
Unrealized appreciation		49,398,479
Unrealized depreciation		(95,970,114	)
Net unrealized depreciation(1)	$	(46,571,635	)

(1)Includes net unrealized depreciation on the Company's Interest Rate Swap.

Non-Accrual Loans

Loans or debt securities are placed on non-accrual status, as a general matter, when principal or interest payments are past due 30 days or more or when there is reasonable doubt that principal or interest will be collected. Accrued interest generally is reversed when a loan or debt security is placed on non-accrual status. Interest payments received on non-accrual loans or debt securities may be recognized as income or applied to principal depending upon management’s judgment. Non-accrual loans and debt securities are restored to accrual status when past due principal and interest is paid and, in management’s judgment, are likely to remain current. The Company may make exceptions to this treatment if the loan has sufficient collateral value and is in the process of collection.

3. Management Fees, Incentive Fees and Other Expenses

Investment Management Agreement

On May 2, 2020, the Company and the Advisor amended and restated the previous investment management agreement (the “Current Management Agreement”), which reduced the Company’s base management fee (“Management Fee”) and incentive management fee (“Incentive Fee”) rates, which are further described below. For terms prior to the Current Management Agreement, refer to the Company’s Form 10-K as filed with the SEC on March 1, 2023.

The Current Management Agreement will be in effect from year-to-year if approved annually by the Board or by the affirmative vote of the holders of a majority of outstanding voting securities, including, in either case, approval by a majority of the directors who are not interested persons. The Company’s Board approved the continuation of the Current Management Agreement on October 28, 2022.

Management Fee

Under the Current Management Agreement, the Advisor, subject to the overall supervision of the Board, manages the day-to-day operations and provides the Company with investment advisory services. For providing these services, effective May 2, 2020, the Advisor receives a Management Fee at an annual rate of 1.50% of total assets up to 200% of net asset value (excluding cash and cash equivalents), including any assets acquired with the proceeds of leverage, payable quarterly in arrears based on the asset valuation as of the end of the prior

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quarter. Additionally, the Management Fee is calculated at 1.00% on assets that exceed 200% of net asset value of the Company. The Management Fee for any partial quarter is prorated.

For the three and six months ended June 30, 2023, the Company incurred $2,221,908 and $4,352,380, respectively, in Management Fees under the Current Management Agreement. For the three and six months ended June 30, 2022, the Company incurred $1,947,167 and $4,007,031, respectively, in Management Fees under the Current Management Agreement.

Incentive Fees

(i)Quarterly Incentive Fee Based on Income

The Current Management Agreement provides that the Advisor or its affiliates may be entitled to an Incentive Fee under certain circumstances. The Incentive Fee has two parts. The first portion is based on income other than capital gains and is calculated separately for each calendar quarter and will be paid on a quarterly basis if certain circumstances are met. Effective May 2, 2020, the Incentive Fee based on income is calculated as follows:

•No Incentive Fee based on income other than capital gains for any calendar quarter in which the Pre-Incentive Fee Net Investment Income does not exceed 1.75% (7.00% annualized) of net assets attributable to common stock at the beginning of such quarter.

•100% of the Pre-Incentive Fee Net Investment Income in any calendar quarter with respect to that portion of such Pre-Incentive Fee Net Investment Income, if any, for such calendar quarter, that exceeds 1.75% (7.00% annualized) of net assets attributable to common stock at the beginning of such quarter but is less than approximately 2.12% (8.48% annualized).

•17.5% of the Pre-Incentive Fee Net Investment Income, if any, for any calendar quarter that exceeds approximately 2.12% (8.48% annualized) of net assets attributable to common stock at the beginning of such quarter.

The calculations described above will be appropriately prorated for any period of less than a quarter and adjusted for the net proceeds from any common stock issuances and the cost of any common stock repurchases during such quarter.

The payment of any such Incentive Fee based on income otherwise earned by our Advisor will be deferred if, for the most recent four full calendar quarter period ending on or prior to the date such payment is to be made, the Annualized Rate of Return is less than 7.0% of net assets attributable to common stock at the beginning of such four quarter period as adjusted for the net proceeds from any common stock issuances and the cost of any common stock repurchases during such four full calendar quarter period, with any deferred Incentive Fees to be carried over for payment in subsequent quarterly calculation periods to the extent such payment can then be made in accordance with the investment management agreement.

For purposes of calculating the Incentive Fee, (i) “Annualized Rate of Return” is computed by reference to the sum of (x) the aggregate dividends to common stockholders for the period in question and (y) the change in net assets attributable to common stock (before taking into account any Incentive Fees otherwise payable during such period); (ii) “net assets attributable to common stock” means total assets less indebtedness and preferred stock; and (iii) “Pre-Incentive Fee Net Investment Income” means net investment income (as determined in accordance with U.S. GAAP) accrued by the Company during the calendar quarter excluding any accruals for or payments in respect of the Incentive Fee.

For the three and six months ended June 30, 2023, the Company incurred $1,886,182 and $3,762,085, respectively, in Incentive Fees on income. For the three and six months ended June 30, 2022, the Company incurred $69,343 and $88,356, respectively, in Incentive Fees on income. As of June 30, 2023 and December 31, 2022, there was $7,165,434 and $3,403,349, respectively, of Incentive Fees payable based on income. The payment of Incentive Fee based on income of $7,165,434 at June 30, 2023 was deferred pursuant to the Incentive Fee deferral provision discussed above.

(ii)Annual Incentive Fee Based on Capital Gains

The second portion of the Incentive Fee is based on capital gains and is calculated separately for each Annual Period. Effective May 2, 2020, our Advisor is entitled to receive an Incentive Fee based on capital gains for each Annual Period in an amount equal to 17.5% of the amount by which (1) net realized capital gains during the period, if any, exceeds (2) gross unrealized capital depreciation, if any, during the period. In calculating the portion of the Incentive Fee based on capital gains payable for any period, investments are accounted for on a security-by-security basis. In addition, the portion of the Incentive Fee based on capital gains is determined using the “period-to-period” method pursuant to which the portion of the Incentive Fee based on capital gains for any period will be based on realized capital gains for the period reduced by realized capital losses for the period and unrealized capital depreciation for the period.

The Company is required under GAAP to accrue an Incentive Fee on capital gains on a hypothetical liquidation basis, based upon net realized capital gains and unrealized capital appreciation and depreciation on investments held at the end of each period. The accrued Incentive Fee on capital gains assumes all unrealized capital appreciation and depreciation is realized in order to reflect an Incentive Fee on capital gains (if any) that would be payable at each measurement date, even though unrealized capital appreciation is not permitted to be considered in determining the Incentive Fee on capital gains actually payable for each Annual Period under the Current Management Agreement. If such amount is positive at the end of the period, an Incentive Fee on capital gains is accrued equal to 17.5% of such amount, for periods ended after May 2, 2020, less the amount of any Incentive Fees on capital gains already accrued during the Annual Period. If the resulting calculation

33

amount is negative, the accrual for GAAP in a given period may result in the reduction or reversal of Incentive Fee expense on capital gains previously accrued during the Annual Period.

In accordance with GAAP, the hypothetical liquidation for the three and six months ended June 30, 2023 resulted in no capital gains Incentive Fees. Incentive Fees on capital gains accrued (reversed) on a liquidation basis under GAAP for the three and six months ended June 30, 2022 were $(1,073,068) and $(1,544,569), respectively. The Company did not have an accrued balance at June 30, 2023 and December 31, 2022.

For purposes of calculating the Incentive Fee based on capital gains, “Annual Period” means the period beginning on July 1 of each calendar year, including the calendar year prior to the year in which the investment management agreement became effective, and ending on June 30 of the next calendar year. Capital gains and losses are calculated using the difference between the proceeds received and either (i) fair market value at the beginning of the Annual Period or (ii) cost for investments acquired during the Annual Period. In calculating whether the portion of the Incentive Fee based on capital gains is payable with respect to any period, the Company accounts for assets on a security-by-security basis. In addition, the Company uses the “period-to-period” method pursuant to which the portion of the Incentive Fee based on capital gains for any period is based on realized capital gains for the period reduced by realized capital losses and gross unrealized capital depreciation for the period. Based on current interpretations of Section 205(b)(3) of the Advisers Act by the SEC and its staff, the calculation of unrealized depreciation for each portfolio security over a period is based on the fair value of the security at the end of the period compared to the fair value at the beginning of the period. Incentive Fees earned in any of the periods described above are not subject to modification or repayment based upon performance in a subsequent period.

Other Expenses

The Company bears all expenses incurred in connection with its business, such as custodian, administrative, director fees and expenses, due diligence costs, registration and listing fees, legal, audit and tax preparation fees, costs of valuing investments, insurance costs, brokers’ and finders’ fees relating to investments, and any other transaction costs associated with the purchase and sale of investments.

4. Debt

Debt is comprised of a senior secured revolving credit facility dated as of February 19, 2016 (as amended, amended and restated, supplemented or otherwise modified from time to time, including as amended and restated by the seventh amendment thereto, dated as of April 26, 2023, the “Credit Facility”) and senior unsecured notes issued through a private placement on June 9, 2022 by the Company and due December 9, 2025 (the “2025 Private Placement Notes”). Prior to being repaid on June 15, 2022, debt also included the Company’s unsecured convertible senior notes due 2022 (the “2022 Convertible Notes”).

Effective on May 2, 2020, after obtaining stockholder approval at the annual meeting of the Company’s stockholders held on May 1, 2020, the Company’s asset coverage requirement was reduced from 200% to 150%, as set forth in Section 61(a)(2) of the 1940 Act, as amended by the Small Business Credit Availability Act. As of June 30, 2023 and December 31, 2022, the Company’s asset coverage was 210% and 225%, respectively.

Total debt outstanding and available at June 30, 2023 was as follows:

	Maturity	Rate		Carrying Value			Available			Total Capacity
Credit Facility	2025	S+2.25%	(1)	$	192,000,000		$	73,000,000	(2)	$	265,000,000	(3)
2025 Private Placement Notes	2025	Fixed/Variable	(4)		91,171,157	(5)		—			91,171,157
Debt, net of unamortized issuance costs				$	283,171,157		$	73,000,000		$	356,171,157

(1)The applicable margin for SOFR-based borrowings could be either 2.00% or 2.25% depending on a ratio of the borrowing base to certain committed indebtedness, and is also subject to a credit spread adjustment of 0.10%. If the Company elects to borrow based on the alternate base rate, the applicable margin could be either 1.00% or 1.25% depending on a ratio of the borrowing base to certain committed indebtedness.

(2)Subject to borrowing base and leverage restrictions.

(3)Provides for a feature that allows the Company, under certain circumstances, to increase the size of the Credit Facility up to $325.0 million.

(4)The 2025 Private Placement Notes were issued in two tranches, consisting of a $35.0 million aggregate principal amount with a fixed interest rate of 5.82% and a $57.0 million aggregate principal amount bearing interest at a rate equal to SOFR plus 3.14%.

(5)The carrying value of 2025 Private Placement Notes was comprised of the following:

	June 30, 2023
Principal amount of debt	$	92,000,000
Unamortized issuance costs		(828,843	)
Carrying value	$	91,171,157

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Total debt outstanding and available at December 31, 2022 was as follows:

	Maturity	Rate		Carrying Value			Available			Total Capacity
Credit Facility	2025	L+2.00%	(1)	$	162,000,000		$	103,000,000	(2)	$	265,000,000	(3)
2025 Private Placement Notes	2025	Fixed/Variable	(4)		91,003,161	(5)		—			91,003,161
Debt, net of unamortized issuance costs				$	253,003,161		$	103,000,000		$	356,003,161

(1)The applicable margin for LIBOR-based borrowings was either 2.00% or 2.25% depending on a ratio of the borrowing base to certain indebtedness. If the Company elects to borrow based on the alternate base rate, the applicable margin could be either 1.00% or 1.25% depending on a ratio of the borrowing base to certain indebtedness.

(2)Subject to borrowing base and leverage restrictions.

(3)Provides for a feature that allows the Company, under certain circumstances, to increase the size of the Credit Facility up to $325.0 million.

(4)The 2025 Private Placement Notes were issued in two tranches, consisting of a $35.0 million aggregate principal amount with a fixed interest rate of 5.82% and a $57.0 million aggregate principal amount bearing interest at a rate equal to SOFR plus 3.14%.

(5)The carrying value of 2025 Private Placement Notes was comprised of the following:

	December 31, 2022
Principal amount of debt	$	92,000,000
Unamortized issuance costs		(996,839	)
Carrying value	$	91,003,161

The Company’s weighted average outstanding debt balance during the three months ended June 30, 2023 and 2022 was $278,335,448 and $213,448,919, respectively. The maximum amounts borrowed during the three months ended June 30, 2023 and 2022 were $286,142,384 and $377,673,980, respectively. The Company’s weighted average outstanding debt balance during the six months ended June 30, 2023 and 2022 was $270,570,675 and $210,643,606, respectively. The maximum amounts borrowed during the six months ended June 30, 2023 and 2022 were $286,142,384 and $377,671,273, respectively.

The weighted average annual interest cost, including the amortization of debt issuance costs for the three and six months ended June 30, 2023 was 7.76% and 7.45%, respectively, exclusive of commitment fees. The weighted average annual interest cost, including the amortization of debt issuance costs for the three and six months ended June 30, 2022 was 4.98% and 4.94%, respectively, exclusive of commitment fees. With respect to any unused portion of the commitments under the Credit Facility, the Company incurs an annual commitment fee of 0.40%.

Total expenses related to debt for the three and six months ended June 30, 2023 and 2022 included the following:

	Three Months Ended June 30,				Six Months Ended June 30,
	2023		2022		2023		2022
Stated interest expense	$	5,136,153	$	2,322,209	$	9,546,288	$	4,489,106
Amortization of deferred debt issuance costs		249,058		325,665		445,104		668,747
Total interest expense		5,385,211		2,647,874		9,991,392		5,157,853
Commitment and credit facility fees		97,239		212,817		209,289		431,789
Total	$	5,482,450	$	2,860,691	$	10,200,681	$	5,589,642

Outstanding debt is carried at amortized cost in the Consolidated Statements of Assets and Liabilities. The fair value of the Company’s Credit Facility is derived by taking the average of the high and low quotes as obtained from a broker, and is classified as Level 2 with respect to the fair value hierarchy. The fair value of the Company’s 2025 Private Placement Notes is derived by an independent valuation firm, and is classified as Level 3 with respect to the fair value hierarchy.

The carrying and fair values of the Company’s outstanding debt as of June 30, 2023 and December 31, 2022 were as follows:

	June 30, 2023				December 31, 2022
	Carrying Value		Fair Value		Carrying Value		Fair Value
Credit Facility	$	192,000,000	$	175,680,000	$	162,000,000	$	146,610,000
2025 Private Placement Notes		91,171,157		90,734,530		91,003,161		89,074,810
Total	$	283,171,157	$	266,414,530	$	253,003,161	$	235,684,810

At June 30, 2023, the Company was in compliance with all covenants required under the Credit Facility and 2025 Private Placement Notes.

Senior Secured Revolving Credit Facility

The Company’s most recent amendment under the Credit Facility (i) replaces the LIBOR-based interest rate benchmark provisions with interest rate benchmark provisions based on (a) in the case of borrowings denominated in U.S. dollars, a forward-looking term SOFR-based rate, (b) in the case of borrowings denominated in Canadian dollars, a CDOR-based rate and (c) in the case of borrowings denominated in Euros or any other Agreed Foreign Currency (as defined in the Credit Facility) (excluding Canadian dollars), a EURIBO-based rate (such

35

replacement benchmark as referred to in subclauses (a) – (c), collectively, the “Benchmarks”) and (ii) adds a 10 basis point credit spread adjustment for borrowings bearing interest based on SOFR. The applicable margin for Benchmark-based borrowings could be either 2.00% or 2.25% depending on a ratio of the borrowing base to certain committed indebtedness. If the Company elects to borrow based on the alternate base rate, the applicable margin could be either 1.00% or 1.25% depending on a ratio of the borrowing base to certain committed indebtedness.

The Credit Facility (a) provides for amounts to be drawn up to $265,000,000, by which the Company may seek an increase in the commitments to $325,000,000 (subject to satisfaction of certain conditions, including obtaining commitments), (b) has a maturity date of April 23, 2025 and (c) requires a minimum shareholders’ equity under the Credit Facility to the greater of (i) 33% of the total assets of the Company and its subsidiaries and (ii) $240,000,000 plus 25% of net proceeds from the sale of equity interests by the Company and its subsidiaries.

Under the Credit Facility, the Company is required to comply with various customary affirmative and restrictive covenants, including reporting requirements and financial covenants, including, without limitation, covenants related to: (a) limitations on the incurrence of additional indebtedness and liens, (b) limitations on certain investments and fundamental changes, (c) limitations on dividends and certain other restricted payments, (d) certain restrictions on subsidiaries, (e) maintaining a certain minimum shareholders’ equity, (f) maintaining an asset coverage ratio of not less than 1.5:1.0, (g) maintaining a senior coverage ratio of not less than 2.0:1:0, (h) limitations on certain transactions with affiliates, (i) limitations on pledging certain unencumbered assets, and (j) limitations on the creation or existence of agreements that prohibit liens on certain properties of the Company and certain of its subsidiaries. These covenants are subject to important limitations and exceptions that are described in the Credit Facility and other loan documents. Further, amounts available to borrow under the Credit Facility (and the incurrence of certain other permitted debt) are also subject to compliance with a borrowing base that applies different advance rates to different types of assets in the Company’s portfolio that are pledged as collateral. The Credit Facility is secured by a lien on substantially all of the assets of the Company and its wholly owned domestic subsidiaries, subject to certain customary exceptions.

Unsecured Senior Notes Due 2025

On April 21, 2022, the Company entered into a Master Note Purchase Agreement (the “Note Purchase Agreement”) governing the issuance on June 9, 2022, of $92,000,000 in aggregate principal amount of senior unsecured notes in two tranches to qualified institutional investors in a private placement. The Company issued $35,000,000 in aggregate principal amount of 2025 Private Placement Notes with a fixed interest rate of 5.82% with interest to be paid semi-annually on June 9 and December 9 of each year, beginning on December 9, 2022, and $57,000,000 in aggregate principal amount of 2025 Private Placement Notes bearing interest at a rate equal to SOFR plus 3.14% with interest to be paid quarterly on March 9, June 9, September 9, and December 9 of each year, beginning on September 9, 2022. In addition, during any time that the rating assigned to the 2025 Private Placement Notes declines below investment grade, the 2025 Private Placement Notes will bear interest at a rate that is increased by 1.00%. The 2025 Private Placement Notes were issued at a closing which occurred on June 9, 2022. The 2025 Private Placement Notes will be due on December 9, 2025 unless redeemed, purchased or prepaid prior to such date by the Company or its affiliates in accordance with their terms. The Company may prepay the 2025 Private Placement Notes at its option, subject to a prepayment premium, in an amount equal to 2% on or before June 9, 2023, 1% after June 9, 2023 but on or before June 9, 2024, 0.5% after June 9, 2024 but on or before June 9, 2025 and zero after June 9, 2025. In addition, the Company will be obligated to offer to repay the 2025 Private Placement Notes at par if certain change in control events occur. The 2025 Private Placement Notes are general unsecured obligations of the Company that rank pari passu with all outstanding and future unsecured unsubordinated indebtedness issued by the Company.

In connection with the 2025 Private Placement Notes, the Company entered into a centrally cleared Interest Rate Swap to offset interest payable on the fixed rate tranche of the Notes. The notional amount of the Interest Rate Swap is $35,000,000 and matures on June 9, 2025. Under the swap agreement, the Company receives a fixed rate of 2.633% and pays a floating interest rate of SOFR. Such payments will be due annually. For the three and six months ended June 30, 2023, the Company made a periodic net interest payment in the amount of $353,268 to the counterparty. Since the swap contract has not been designated as a hedge accounting relationship pursuant to ASC 815, “Derivatives and Hedging,” both the net interest receivable and the change in the fair value of the swap contract are presented as part of the change in unrealized appreciation (depreciation) on the Consolidated Statements of Operations. As of June 30, 2023 and December 31, 2022, the Interest Rate Swap had a fair value of $(1,445,045) and $(1,332,299), respectively, which is reflected as a liability on the Consolidated Statements of Assets and Liabilities; such fair value is inclusive of any net periodic interest accruals and payments on the contract. The fair value of the Interest Rate Swap is classified as Level 2 with respect to the fair value hierarchy. See Note 2 for further information.

The Note Purchase Agreement contains customary terms and conditions for senior unsecured notes issued in a private placement, including, without limitation, affirmative and negative covenants such as information reporting, maintenance of the Company’s status as a business development company within the meaning of the Investment Company Act of 1940, as amended, and a regulated investment company under the Internal Revenue Code of 1986, as amended, minimum shareholders’ equity, minimum asset coverage ratio, and prohibitions on certain fundamental changes of the Company. The Note Purchase Agreement also contains customary events of default with customary cure and notice periods, including, without limitation, nonpayment, incorrect representation in any material respect, breach of covenant, cross-default under other indebtedness of the Company or certain significant subsidiaries, certain judgments and orders, and certain events of bankruptcy.

Unsecured Convertible Senior Notes Due 2022

On June 13, 2017, the Company issued $143,750,000 in aggregate principal amount ($125,000,000 of the initial offering and $18,750,000 of the underwriters’ exercise of the overallotment option) of 5.00% Convertible Notes due 2022 under an indenture, dated as of

36

June 13, 2017 (the “2022 Convertible Notes Indenture”). Net proceeds to the Company from the offering, including the exercise of the overallotment option, were approximately $139,800,000. The 2022 Convertible Notes matured on June 15, 2022, and the Company fully repaid the aggregate outstanding $143,720,000 principal amount (post noteholder conversion) plus outstanding accrued interest. The interest rate on the notes was 5.00% per year, payable semiannually in arrears on June 15 and December 15 of each year, commencing on December 15, 2017. Holders were able to convert their notes at their option prior to the close of business on the business day immediately preceding December 15, 2021, in integral multiples of $1,000 principal amount, only under certain circumstances. Upon noteholder conversion, the Company was able to pay or deliver, as the case may be, cash, shares of our common stock or a combination of cash and shares of our common stock, at our election at an initial conversion rate of 118.2173 shares of common stock per $1,000 principal amount of notes, which is equivalent to an initial conversion price of approximately $8.46 per share of the Company’s common stock. On or after December 23, 2021, the Company was able to redeem the 2022 Convertible Notes for cash, in whole or from time to time in part, at its option in accordance with their terms. During the year ended December 31, 2022, the Company issued 3,546 shares of common stock with an aggregate value of $30,000 to a noteholder who elected the conversion option in lieu of principal repayment pursuant to the redemption terms of the 2022 Convertible Notes Indenture.

Prior to the adoption of ASU 2020-06, the Company determined that the embedded conversion options in the 2022 Convertible Notes were not required to be separately accounted for as a derivative under U.S. GAAP. In accounting for the 2022 Convertible Notes, at the time of issuance the Company estimated separate debt and equity components, and an original issue discount equal to the equity component was recorded in additional paid-in-capital in the accompanying Consolidated Statements of Assets and Liabilities. As of January 1, 2022, the Company adopted ASU 2020-06 using the modified retrospective basis. In accordance with this guidance, the Company has recombined the equity conversion component of our 2022 Convertible Notes outstanding, and before its maturity, had begun accounting for the 2022 Convertible Notes as a single liability measured at amortized cost. This resulted in a cumulative decrease to additional paid in capital of $4,337,631, offset by a decrease to accumulated loss of $3,888,233 as of January 1, 2022, and an increase to the carrying value of the 2022 Convertible Notes of $449,398.

The 2022 Convertible Notes contained certain covenants, which included covenants that required the Company to reserve shares of common stock for the purpose of satisfying all obligations to issue the underlying securities upon conversion of the securities and to furnish to holders of the securities upon request, any information required to be delivered pursuant to Rule 144A(d)(4) under the Securities Act.

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5. Investments

Purchases of investments, including PIK, for the three and six months ended June 30, 2023 totaled $20,797,118 and $58,411,431, respectively. Purchases of investments, including PIK, for the three and six months ended June 30, 2022 totaled $73,481,309 and $117,494,185, respectively. Proceeds from sales, repayments and other exits of investments for the three and six months ended June 30, 2023 totaled $6,507,960 and $27,226,737, respectively. Proceeds from sales, repayments and other exits of investments for the three and six months ended June 30, 2022 totaled $25,107,943 and $103,762,076, respectively.

At June 30, 2023, investments consisted of the following:

	Cost		Fair Value
Senior secured notes	$	988,074	$	988,000
Unsecured debt		37,183,232		14,999,000
Subordinated debt		5,000,000		4,955,000
Senior secured loans:
First lien		504,569,408		497,077,006
Second/other priority lien		83,669,054		73,886,473
Total senior secured loans		588,238,462		570,963,479
Preferred stock		40,702,606		2,400,116
Common stock		10,611,548		—
Limited partnership/limited liability company interests		7,757,987		49,500
Equity warrants/options		115,348		1,482,316
Total investments	$	690,597,257	$	595,837,411

At December 31, 2022, investments consisted of the following:

	Cost		Fair Value
Senior secured notes	$	1,920,592	$	1,624,823
Unsecured debt		37,686,148		15,228,000
Subordinated debt		5,000,000		4,930,000
Senior secured loans:
First lien		455,458,846		447,490,518
Second/other priority lien		98,468,621		90,992,663
Total senior secured loans		553,927,467		538,483,181
Preferred stock		40,527,223		2,354,224
Common stock		10,611,548		—
Limited partnership/limited liability company interests		8,511,838		5,991,648
Equity warrants/options		115,348		1,877,208
Total investments	$	658,300,164	$	570,489,084

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Industry Composition

The Company generally uses GICS to classify the industries of its portfolio companies. The following table shows the industry composition of the portfolio, at fair value, at June 30, 2023 and December 31, 2022.

Industry	June 30, 2023			December 31, 2022
Software		17.2	%		15.2	%
Diversified Financial Services		14.7			14.5
Internet Software & Services		11.6			11.1
Diversified Consumer Services		7.7			8.3
Professional Services		6.9			7.2
Health Care Technology		4.3			4.4
Health Care Providers & Services		3.6			3.7
IT Services		3.4			2.5
Road & Rail		2.5			2.6
Insurance		2.5			2.5
Construction & Engineering		2.4			2.6
Containers & Packaging		2.3			2.5
Paper & Forest Products		2.2			1.7
Consumer Finance		1.9			1.3
Hotels, Restaurants & Leisure		1.9			0.9
Technology Hardware, Storage & Peripherals		1.8			1.8
Specialty Retail		1.8			1.9
Textiles, Apparel & Luxury Goods		1.7			1.7
Commercial Services & Supplies		1.1			1.1
Media		1.1			1.0
Real Estate Management & Development		1.1			1.1
Machinery		1.0			0.9
Internet & Catalog Retail		1.0			1.0
Trading Companies & Distributors		1.0			1.0
Wireless Telecommunication Services		0.8			0.8
Leisure Products		0.4			0.5
Building Products		0.4			0.4
Automobiles		0.4			0.4
Life Sciences Tools & Services		0.4			0.4
Semiconductors & Semiconductor Equipment		0.4			0.4
Distributors		0.4			0.4
Capital Markets		0.1			0.2
Health Care Equipment & Supplies		—			2.5
Household Durables		—			0.8
Metals & Mining		—			0.6
Electrical Equipment		—			0.1
Chemicals		—			—
Oil, Gas & Consumable Fuels		—			—
Totals		100.0	%		100.0	%

The following table shows the geographic composition of the portfolio at fair value at June 30, 2023 and December 31, 2022. The geographic composition is determined by several factors including the location of the corporate headquarters and the country of registration of the portfolio company.

Geography	June 30, 2023			December 31, 2022
United States		84.4	%		85.4	%
United Kingdom		7.3			7.2
Germany		3.6			3.7
Canada		1.1			1.1
Switzerland		1.0			1.0
Netherlands		1.0			—
Slovenia		0.9			0.9
Australia		0.7			0.7
Totals		100.0	%		100.0	%

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Market and Credit Risk

The Company has investments in lower rated and comparable quality unrated senior and junior secured, unsecured and subordinated debt securities and loans, which are subject to a greater degree of credit risk than more highly rated investments. The risk of loss due to default by the issuer is significantly greater for holders of such securities and loans, particularly in cases where the investment is unsecured or subordinated to other creditors of the issuer.

In the normal course of business, the Company invests in securities and enters into transactions where risks exist due to fluctuations in the market (market risk) or failure of the issuer of a security to meet all its obligations (issuer credit risk). The value of securities held by the Company may decline in response to certain events, including those directly involving the issuers whose securities are owned by the Company; conditions affecting the general economy; overall market changes; local, regional or global political, social or economic instability; and currency and interest rate and price fluctuations. The impact of epidemics and pandemics such as the coronavirus, could affect the economies of many nations, individual companies and the market in general in ways that cannot necessarily be foreseen at the present time. Similar to issuer credit risk, the Company may be exposed to counterparty credit risk, or the risk that an entity with which the Company has unsettled or open transactions may fail to or be unable to perform on its commitments. The Company manages counterparty risk by entering into transactions only with counterparties that they believe have the financial resources to honor their obligations and by monitoring the financial stability of those counterparties. Financial assets, which potentially expose the Company to market, issuer and counterparty credit risks, consist principally of investments in portfolio companies. The extent of the Company’s exposure to market, issuer and counterparty credit risks with respect to these financial assets is generally approximated by their fair value recorded in the Consolidated Statements of Assets and Liabilities. The Company is also exposed to credit risk related to maintaining all of its cash at a major financial institution.

6. Other Related Party Transactions

Advisor Reimbursements

The Current Management Agreement provides that the Company will reimburse the Advisor for costs and expenses incurred by the Advisor for administrative or operating services, office space rental, office equipment and utilities allocable to the Advisor under the investment management agreement, as well as any costs and expenses incurred by the Advisor relating to any non-investment advisory, administrative or operating services- provided by the Advisor to the Company. For the three and six months ended June 30, 2023, the Company incurred $17,094 and $34,187, respectively, for its share of office space rental, which is included in investment advisor expenses on the Consolidated Statements of Operations. For the three and six months ended June 30, 2022, the Company incurred $25,819 and $51,638, respectively, for its share of office space rental, which is included in investment advisor expenses on the Consolidated Statements of Operations.

From time to time, the Advisor and its affiliates may pay third party providers for goods or services utilized by the Company. The Company will subsequently reimburse the Advisor and its affiliates for such amounts. Reimbursements to the Advisor and their affiliates for such purposes during the three and six months ended June 30, 2023 were $101,450 and $356,469, respectively. Reimbursements to the Advisor and their affiliates for such purposes during the three and six months ended June 30, 2022 were $72,211 and $161,895, respectively. As of June 30, 2023 and December 31, 2022, the Company was owed $219,335 and zero, respectively, from the Advisor for certain professional and director fees, which is included in Prepaid expenses and other assets on the Consolidated Statements of Assets and Liabilities.

No person who is an officer, director or employee of the Advisor and who serves as a director of the Company receives any compensation from the Company for such services. Directors who are not affiliated with the Advisor receive compensation for their services and reimbursement of expenses incurred to attend meetings.

Administration

The Company also has entered into an administration agreement with BlackRock Financial Management, Inc. (the “Administrator”) under which the Administrator provides certain administrative services to the Company. For providing these services, facilities and personnel, the Company reimburses the Administrator for the Company’s allocable portion of overhead and other expenses incurred by the Administrator in performing its obligations under the administration agreement, including rent and the Company’s allocable portion of the cost of certain of the Company’s officers and their respective staffs. For the three and six months ended June 30, 2023, the Company incurred $288,454 and $581,088, respectively, for such administrative services expenses. For the three and six months ended June 30, 2022, the Company incurred $299,262 and $664,769, respectively, for such administrative services expenses.

Advisor Stock Transactions

At June 30, 2023 and December 31, 2022, BCIA did not own any shares of the Company. At both June 30, 2023 and December 31, 2022, other entities affiliated with the Administrator and Advisor beneficially owned less than 1% of the Company’s total shares of common stock outstanding.

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7. Stockholders’ Equity and Dividends

Dividends to common stockholders are recorded on the ex-dividend date. The amount to be paid out as a dividend is determined by the Board. Net realized capital gains, if any, generally are distributed at least annually, although the Company may decide to retain such capital gains for investment.

The Company has adopted a dividend reinvestment plan (the “Plan”) that provides for reinvestment of dividends on behalf of stockholders, unless a stockholder elects to receive cash. As a result, if the Board authorizes, and the Company declares, a cash dividend, then stockholders who have not “opted out” of the dividend reinvestment plan will have their cash dividends automatically reinvested in additional shares of Common Stock, rather than receiving the cash dividends. Additionally, if the Company makes a dividend to be paid in cash or in stock at the election of stockholders as of the applicable dividend record date (a “Cash/Stock Dividend”), the terms are subject to the amended Plan dated May 13, 2020 described below.

For the three and six months ended June 30, 2023 and 2022, declared dividends to common stockholders were as follows:

Date Declared	Record Date	Payment Date	Type	Amount Per Share		Total Amount		Reinvested dividends paid during quarter (1) (2)
February 28, 2023	March 16, 2023	April 6, 2023	Regular	$	0.10	$	7,257,191	$	768,930
April 26, 2023	June 15, 2023	July 6, 2023	Regular		0.10		7,257,191		737,537
Total				$	0.20	$	14,514,382	$	1,506,467
Date Declared	Record Date	Payment Date	Type	Amount Per Share		Total Amount		Reinvested dividends paid during quarter (1) (2)
March 1, 2022	March 17, 2022	April 7, 2022	Regular	$	0.10	$	7,380,270	$	698,261
April 27, 2022	June 16, 2022	July 7, 2022	Regular		0.10		7,363,184		744,840
Total				$	0.20	$	14,743,454	$	1,443,101

(1)The Company has adopted a dividend reinvestment plan that provides for reinvestment of dividends on behalf of stockholders, unless a stockholder elects to receive cash.

(2)Dividends reinvested through purchase of shares in the open market.

On March 6, 2018, the Company's Board adopted amendments to the Plan. Under the terms of the amended Plan, if the Company declares a dividend or determines to make a capital gain or other distribution, the reinvestment plan agent will acquire shares for the participants’ accounts, depending upon the following circumstances, (i) through receipt of additional unissued but authorized shares from the Company (“newly issued shares”) and/or (ii) by purchase of outstanding shares on the open market (“open-market purchases”). If, on the dividend payment date, the last quarterly net asset value per share (“NAV”) is equal to or less than the closing market price per share on such dividend payment date (such condition often referred to as a “market premium”), the reinvestment plan agent will invest the dividend amount in newly issued shares on behalf of the participants. The number of newly issued shares to be credited to each participant’s account will be determined by dividing the dollar amount of the dividend by the greater of (i) the NAV or (ii) 95% of the closing market price on the dividend payment date. If, on the dividend payment date, the NAV is greater than the closing market price per share on such dividend payment date (such condition often referred to as a “market discount”), the reinvestment plan agent may, upon notice from the Company, either (a) invest the divided amount in newly issued shares on behalf of the participants or (b) invest the dividend amount in shares acquired on behalf of the participants in open-market purchases.

On May 13, 2020, the Company's Board adopted further amendments to the Plan. Under the terms of the amended Plan, if the Company makes a Cash/Stock Dividend, each stockholder will be required to elect whether to receive the dividend in cash or in shares of the Company's common stock (“Common Shares”), pursuant to such notices, forms or other documentation as may be provided to the stockholder by the Company (the “Election Forms”). If the stockholder is a Plan participant and elects to receive the Cash/Stock Dividend in cash, the stockholder will be deemed to have elected not to participate in the Plan solely with respect to such Cash/Stock Dividend and will receive the dividend in cash subject to any rules applicable to the dividend that may limit the portion of the dividend the Company is required to pay in cash. If the stockholder is a Plan participant and elects to receive the Cash/Stock Dividend in stock, the stockholder will receive the dividend in newly issued Common Shares. The number of newly issued Common Shares credited to the stockholders' account in either case will be determined by dividing the dollar amount of the dividend (or portion of the dividend to be paid in Common Shares) by the price per Common Share determined in accordance with the Election Forms rather than pursuant to the formula(s) otherwise applicable under the Plan. At the Company's special meeting of stockholders held on May 3, 2022, stockholders did not approve the Company's ability to sell or otherwise issue shares of common stock at a price below its then current NAV per share for a 12-month period expiring on the anniversary of the date of stockholder approval.

On October 28, 2022, the Company’s Board authorized the Company to purchase up to a total of 8,000,000 shares, commencing on November 7, 2022 and effective until the earlier of November 6, 2023 or such time that all of the authorized shares have been repurchased (the

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“Company Repurchase Plan”), in accordance with the guidelines specified in Rule 10b-18 and Rule 10b5-1 of the Securities Exchange Act of 1934 (the “Exchange Act”). As of June 30, 2023, 8,000,000 shares remained available for repurchase.

No shares were repurchased by the Company under the Company Repurchase Plan for the three and six months ended June 30, 2023.

The following table summarizes the total shares repurchased and amounts paid by the Company under the Company Repurchase Plan, including broker fees, for the three and six months ended June 30, 2022:

June 30, 2022	Shares Repurchased		Price Per Share		Total Cost
Three Months Ended		420,083	$	3.78	$	1,586,451
Six Months Ended		526,391		3.85		2,026,688

Since inception of the original repurchase plan through June 30, 2023, the Company has purchased 11,909,890 shares of its common stock on the open market for $73,373,702, including brokerage commissions through the repurchase plan. The Company currently holds the shares it repurchased in treasury stock.

8. Earnings (loss) per share

The following information sets forth the computation of basic and diluted net increase (decrease) in net assets from operations per share (earnings (loss) per share) for the three and six months ended June 30, 2023 and 2022.

	Three Months Ended					Six Months Ended
	June 30, 2023		June 30, 2022			June 30, 2023		June 30, 2022
Net increase (decrease) in net assets resulting from operations	$	1,503,691	$	(2,540,160	)	$	10,021,088	$	2,982,214
Weighted average shares outstanding – basic(1)		72,571,907		73,667,822			72,571,907		73,744,580
Earnings (loss) per share – basic and diluted	$	0.02	$	(0.03	)	$	0.14	$	0.04

(1)No adjustments for interest or incremental shares on the 2022 Convertible Notes were included for the three and six months ended June 30, 2022 because the effect would be antidilutive.

Diluted earnings per share is computed using the if-converted method, which assumes conversion of convertible securities at the beginning of the reporting period and is intended to show the maximum dilution effect to common stockholders regardless of how the conversion can occur.

9. Commitments and contingencies

In the normal course of business, the Company may enter into guarantees on behalf of portfolio companies. Under these arrangements, the Company would be required to make payments to third parties if the portfolio companies were to default on their related payment obligations. There were no such guarantees outstanding at June 30, 2023 and December 31, 2022. In addition, from time to time, the Company may provide for a commitment to a portfolio company for investment in an existing or new security. At June 30, 2023 and December 31, 2022, the Company had unfunded commitments of $47.2 million across 49 portfolio companies and $72.1 million across 51 portfolio companies, respectively. The aggregate fair value of unfunded commitments at June 30, 2023 and December 31, 2022 was $46.6 million and $70.0 million, respectively. We maintain sufficient cash on hand and available borrowings to fund such unfunded commitments should the need arise.

In the normal course of business, the Company enters into contractual agreements that provide general indemnifications against losses, costs, claims and liabilities arising from the performance of individual obligations under such agreements. The Company’s individual maximum exposure under these arrangements is unknown, as this would involve future claims that may be made against the Company that have not yet occurred. However, based on management’s experience, the Company expects the risk of loss to be remote.

From time to time, the Company and the Advisor may be a party to certain legal proceedings incidental to the normal course of its business, including the enforcement of its rights under contracts with our portfolio companies. Further, third parties may try to seek to impose liability on the Company in connection with the activities of its portfolio companies. While the Company cannot predict the outcome of these legal proceedings with certainty, we do not expect that these proceedings will have a material effect on its consolidated financial statements.

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10. Financial highlights

The following per share data and ratios have been derived from information provided in the consolidated financial statements. The following is a schedule of financial highlights for a common share outstanding for the six months ended June 30, 2023 and 2022:

	Six Months Ended
	June 30, 2023			June 30, 2022
Per Share Data:
Net asset value, beginning of period	$	4.39		$	4.73
Investment Operations:
Net investment income, before incentive fees		0.30			0.16
Incentive fees(1)		(0.05	)		0.02
Net investment income(1)		0.25			0.18
Net realized and unrealized gain (loss)		(0.11	)		(0.14	)
Total from investment operations		0.14			0.04
Cumulative effect of adjustment for the adoption of ASU 2020-06(2)		—			(0.01	)
Repurchase of common stock		—			0.01
Dividends to stockholders(3)		(0.20	)		(0.20	)
Net asset value, end of period	$	4.33		$	4.57
Market price at end of period	$	3.28		$	3.67
Total return based on market price(4)		(4.14	)%		(3.67	)%
Total return based on net asset value(5)		4.35	%		1.44	%
Shares outstanding at end of period		72,571,907			73,354,142
Ratios to average net assets(6):
Operating expenses, before incentive fees		4.40	%		3.92	%
Interest and other debt related expenses		6.44	%		3.26	%
Total expenses, before incentive fees		10.84	%		7.18	%
Incentive fees(1)		1.18	%		(0.42	)%
Total expenses, after incentive fees		12.02	%		6.76	%
Net investment income		12.42	%		7.53	%
Net assets at end of period	$	314,029,059		$	335,444,647
Portfolio turnover rate		5	%		19	%
Weighted average interest rate on debt(7)		7.45	%		4.94	%
Weighted average debt outstanding	$	270,570,675		$	210,643,606
Weighted average shares outstanding		72,571,907			73,744,580
Weighted average debt per share(8)	$	3.73		$	2.86

(1)For the six months ended June 30, 2023, the net investment income per share amount displayed above is net of incentive fees based on income of $0.05 per share or 1.18% of average net assets. For the six months ended June 30, 2022, the net investment income per share amount displayed above is net of a reversal of hypothetical liquidation basis GAAP incentive fees on capital gains of $(0.02) per share, or (0.45)% of average net assets, and is also net of incentive fees based on income.

(2)The Company adopted ASU 2020-06 under the modified retrospective basis as of January 1, 2022 (see Note 4).

(3)For the six months ended June 30, 2023, it is estimated that all of the $14.5 million declared dividends were from net investment income based on book income. The amount of dividend related to net investment income and return of capital will be adjusted on an annual basis, if necessary, and calculated in accordance with federal income tax regulations (see Note 2).

(4)Total return based on market value is calculated by determining the percentage change in market value per share during the period and assuming that the shares are purchased at market price at the beginning of the period and the dividends are reinvested in accordance with the Company’s dividend reinvestment plan. Not annualized.

(5)Total return based on net asset value is calculated by determining the percentage change in net asset value per share during the period and assuming that the shares are purchased at market price at the beginning of the period and the dividends are reinvested in accordance with the Company’s dividend reinvestment plan. Not annualized.

(6)Annualized, except for incentive fees.

(7)Weighted average interest rate on debt includes contractual interest and amortization of debt issuance costs (see Note 4).

(8)Weighted average debt per share is calculated as weighted average debt outstanding divided by the weighted average shares outstanding during the applicable period.

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11. Subsequent events

On August 1, 2023, the Company’s Board declared a dividend of $0.10 per share, payable on October 6, 2023 to stockholders of record at the close of business on September 15, 2023.

The Company has reviewed subsequent events occurring through the date that these consolidated financial statements were available to be issued and determined that no subsequent events occurred requiring accrual or disclosure, except as disclosed above and elsewhere in these notes to consolidated financial statements.

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Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations

The information contained in this section should be read in conjunction with the consolidated financial statements and notes thereto appearing elsewhere in this report.

Forward-looking statements

This report, and other statements that we may make, may contain forward-looking statements with respect to future financial or business performance, strategies or expectations. Forward-looking statements are typically identified by words or phrases such as “trend,” “opportunity,” “pipeline,” “believe,” “comfortable,” “expect,” “anticipate,” “current,” “intention,” “estimate,” “position,” “assume,” “potential,” “outlook,” “continue,” “remain,” “maintain,” “sustain,” “seek,” “achieve” and similar expressions, or future or conditional verbs such as “will,” “would,” “should,” “could,” “may” or similar expressions.

Forward-looking statements are subject to numerous assumptions, risks and uncertainties, which change over time. Forward-looking statements speak only as of the date they are made, and we assume no duty to and do not undertake to update forward-looking statements. Actual results could differ materially from those anticipated in forward-looking statements and future results could differ materially from historical performance.

In addition to factors previously identified elsewhere in the reports BlackRock Capital Investment Corporation has filed with the Securities and Exchange Commission (the “SEC”), the following factors, among others, could cause actual results to differ materially from forward-looking statements or historical performance:

•our future operating results;

•our business prospects and the prospects of our portfolio companies;

•the impact of investments that we expect to make;

•our contractual arrangements and relationships with third parties;

•the dependence of our future success on the general economy and its impact on the industries in which we invest;

•the financial condition of and ability of our current and prospective portfolio companies to achieve their objectives;

•our expected financings and investments;

•the adequacy of our cash resources and working capital, including our ability to obtain continued financing on favorable terms;

•the timing of cash flows, if any, from the operations of our portfolio companies;

•the impact of increased competition;

•the ability of the Advisor to locate suitable investments for us and to monitor and administer our investments;

•changes in law and policy accompanying the new administration and uncertainty pending any such changes;

•increased geopolitical unrest, terrorist attacks or acts of war, which may adversely affect the general economy, domestic and local financial and capital markets, or the specific industries of our portfolio companies;

•changes and volatility in political, economic or industry conditions, the interest rate environment, inflation, foreign exchange rates or financial and capital markets;

•the unfavorable resolution of legal proceedings; and

•the impact of changes to tax legislation and, generally, our tax position.

Overview

We were incorporated in Delaware on April 13, 2005 and commenced operations with private funding on July 25, 2005, and completed our initial public offering on July 2, 2007. Our investment objective is to generate both current income and capital appreciation through debt and equity investments. We invest primarily in middle-market companies in the form of senior debt securities and loans, and our investment portfolio may include junior secured and unsecured debt securities and loans, each of which may include an equity component.

We are externally managed and have elected to be regulated as a BDC under the 1940 Act. As a BDC, we are required to comply with certain regulatory requirements. For instance, we generally have to invest at least 70% of our total assets in “qualifying assets,” including securities of private or thinly traded public U.S. companies, cash, cash equivalents, U.S. Government securities and high-quality debt investments that mature in one year or less.

Certain items previously reported may have been reclassified to conform to the current year presentation.

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Investments

Our level of investment activity can and does vary substantially from period to period depending on many factors, including the amount of debt and equity capital available to middle-market companies, the level of merger and acquisition activity, the general economic environment, the competitive environment for the types of investments we make and the level of repayment activity from our portfolio companies.

As a BDC, we generally do not acquire any assets other than “qualifying assets” specified in the 1940 Act unless, at the time the acquisition is made, at least 70% of our total assets are qualifying assets (with certain limited exceptions). Qualifying assets include investments in “eligible portfolio companies.” Under the relevant SEC rules, the term “eligible portfolio company” includes most private companies, companies whose securities are not listed on a national securities exchange, and certain public companies that have listed their securities on a national securities exchange and have a market capitalization of less than $250 million. These rules also permit us to include as qualifying assets certain follow-on investments in companies that were eligible portfolio companies at the time of initial investment but that no longer meet the definition. As of June 30, 2023, approximately 15.8% of the total assets of the Company were not qualifying assets under Section 55(a) of the 1940 Act.

Revenues

We generate revenues primarily in the form of interest on the debt we hold, dividends on our equity interests and capital gains on the sale of warrants and other debt or equity interests that we acquire in portfolio companies. Our investments in fixed income instruments generally have an expected maturity of three to ten years, although we have no lower or upper constraint on maturity, and typically bear interest at a fixed or floating rate. Interest on our debt securities is generally payable monthly, quarterly or semi-annually. In some cases, our debt instruments and preferred stock investments may defer payments of cash interest or dividends or pay interest or dividends in-kind. Any outstanding principal amount of our debt securities and any accrued but unpaid interest will generally become due at the maturity date. In addition, we may generate revenue in the form of prepayment fees, commitment, origination, capital structuring fees, end-of-term or exit fees, for providing significant managerial assistance, and other investment related income.

Expenses

Our primary operating expenses include the payment of a Management Fee and, depending on our operating results, Incentive Fees, interest and Credit Facility fees, expenses reimbursable under the Current Management Agreement, professional fees, administration fees and the allocable portion of overhead under the administration agreement. The Management Fee and Incentive Fee compensate the Advisor for work in identifying, evaluating, negotiating, closing and monitoring our investments. Our Current Management Agreement with the Advisor provides that we will reimburse the Advisor for costs and expenses incurred by the Advisor for office space rental, office equipment and utilities allocable to the Advisor under the Current Management Agreement, as well as any costs and expenses incurred by the Advisor relating to any non-investment advisory, administrative or operating services provided by the Advisor to us. We bear all other costs and expenses of our operations and transactions.

Critical accounting policies and estimates

Our discussion and analysis of our financial condition and results of operations are based upon our consolidated financial statements, which have been prepared in accordance with GAAP. The preparation of these consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the consolidated financial statements, as well as the reported amounts of revenues and expenses during the reporting periods presented. Although management believes these estimates and assumptions to be reasonable, actual results could differ from those estimates and such differences could be material.

Management considers the significant accounting policies important to understanding the consolidated financial statements. In addition to the discussion below, our significant accounting policies are further described in the notes to the consolidated financial statements. See Note 2 to the consolidated financial statements for a description of significant accounting policies and of recently adopted accounting pronouncements, if applicable. Management considers Investment Valuation to be an area deemed a critical accounting policy as a result of the judgments necessary for management to select valuation methodologies and to select significant unobservable inputs to estimate fair value. Pursuant to Rule 2a-5 (the "Rule") under the 1940 Act, the Company’s Board has designated the Advisor as the Company’s Valuation Designee to perform certain fair value functions, including performing fair value determinations, and has reviewed and approved amended policies and procedures adopted by BCIA to seek to ensure compliance with the requirements of the Rule as part of such designation. The Valuation Designee will provide quarterly valuation reporting and notifications on any material valuation matters to the Board as required under the Rule (see Note 2 to the consolidated financial statements).

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Financial and operating highlights

At June 30, 2023:

Investment portfolio, at fair value: $595.8 million

Net assets: $314.0 million

Indebtedness, excluding deferred issuance costs: $284.0 million

Net asset value per share: $4.33

Portfolio Activity for the Three Months Ended June 30, 2023:

Cost of investments during period, including PIK: $20.8 million

Sales, repayments and other exits during period: $6.5 million

Number of portfolio companies at end of period: 121

Operating Results for the Three Months Ended June 30, 2023:

Net investment income per share: $0.12

Dividends declared per share: $0.10

Basic earnings (loss) per share: $0.02

Net investment income: $8.9 million

Net realized and unrealized gain (loss): $(7.4) million

Net increase (decrease) in net assets from operations: $1.5 million

Net investment income per share, as adjusted1: $0.12

Basic earnings (loss) per share, as adjusted1: $0.02

Net investment income, as adjusted1: $8.9 million

Net increase (decrease) in net assets from operations, as adjusted1: $1.5 million

As Adjusted1: The Company reports its financial results in accordance with GAAP; however, management believes evaluating the Company’s ongoing operating results may be enhanced if investors have additional non-GAAP financial measures. See “Supplemental Non-GAAP information” for further information on non-GAAP financial measures and for as adjusted items, which are adjusted to remove the impact of the accrued hypothetical liquidation basis incentive fee expense reversal based on capital gains that was recorded, as required by GAAP, if any, and to include only the incremental incentive fee based on income. Under the Current Management Agreement, incentive fee expense based on income is calculated for each calendar quarter and may be paid on a quarterly basis if certain thresholds are met. Adjusted amounts reflect the fact that no Incentive Fee on capital gains was realized and payable to the Advisor during the three months ended June 30, 2023.

Portfolio and investment activity

We invested approximately $20.8 million, including PIK, during the three months ended June 30, 2023. The new investments consisted of senior secured loans secured by first lien ($20.7 million, or 99.6%) and equity securities ($0.1 million, or 0.4%). Additionally, we received proceeds from sales, repayments and other exits of approximately $6.5 million during the three months ended June 30, 2023.

Concentration of our assets in an issuer, industry or sector may present certain risks. To the extent that we assume large positions in the securities of a small number of issuers, our net asset value may fluctuate to a greater extent than that of a diversified investment company as a result of changes in the financial condition or the market’s assessment of the issuer. At June 30, 2023, our portfolio of $595.8 million (at fair value) consisted of 121 portfolio companies and was invested approximately 96% in senior secured loans, 3% in unsecured or subordinated debt securities, 1% in equity investments, and less than 1% in senior secured notes. Our average investment by portfolio company at amortized cost was approximately $5.7 million at June 30, 2023. Our largest portfolio company investment at fair value was approximately $24.9 million and our five largest portfolio company investments at fair value comprised approximately 13% of our portfolio at June 30, 2023. At December 31, 2022, our portfolio of $570.5 million (at fair value) consisted of 116 portfolio companies and was invested 94% in senior secured loans, 4% in unsecured or subordinated debt securities, 2% in equity investments and less than 1% in senior secured notes. Our average investment by portfolio company at amortized cost was approximately $5.7 million at December 31, 2022. Our largest portfolio company investment at fair value was approximately $24.9 million and our five largest portfolio company investments by value comprised approximately 14% of our portfolio at December 31, 2022.

In addition, we may, from time to time, invest a substantial portion of our assets in the securities of issuers in any single industry or sector of the economy or in only a few issuers. A downturn in an industry or sector in which we are concentrated could have a larger impact on us than on a company that does not concentrate in that particular industry or sector. Our Advisor monitors industry and sector uncertainties on an ongoing basis, including substantial regulatory challenges in the healthcare sector, volatility and extensive government regulation in the financial services sector, cyclical risks associated with the overall economy and events outside of our control, including public health crises such as COVID-19, or other geopolitical or macroeconomic events, which may have resulted in a negative impact to certain industries, including significant reductions in demand for certain goods and services, reductions in business activity and financial transactions, supply chain interruptions and overall economic and financial market instability both globally and in the United States (see Note 5 to the consolidated financial statements), among various other industry and sector uncertainties due to certain exposures. At June 30, 2023, our top three industry concentrations at fair value consisted of Software (17.2%), Diversified Financial Services (14.7%), and Internet Software & Services (11.6%). At December 31, 2022, our top three industry concentrations at fair value consisted of Software (15.2%), Diversified Financial Services (14.5%) and Internet Software & Services (11.1%) (see Note 5 to the consolidated financial statements).

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The weighted average portfolio yields at fair value and cost as of June 30, 2023 and December 31, 2022 were as follows:

	June 30, 2023						December 31, 2022
	Fair Value			Cost			Fair Value			Cost
Weighted Average Yield(1)
Total portfolio		12.8	%		11.4	%		11.9	%		10.6	%
Senior secured loans		13.2	%		13.2	%		12.4	%		12.4	%
Other debt securities		3.8	%		1.9	%		3.4	%		1.7	%
Debt and income producing equity securities		12.9	%		12.4	%		12.0	%		11.6	%

(1)Computed as (a) the annual stated interest rate or yield earned plus the net annual amortization of original issue discount, divided by (b) the amortized cost or at fair value of each category, as applicable. The calculation excludes exit fees that are receivable upon repayment of certain loan investments.

For the three and six months ended June 30, 2023, the total return based on net asset value was 1.0% and 4.4%, respectively. For the three and six months ended June 30, 2023, the total return based on market price was (2.2)% and (4.1)%, respectively. For the three and six months ended June 30, 2022, the total return based on net asset value was (0.2)% and 1.4%, respectively. For the three and six months ended June 30, 2022, the total return based on market price was (10.6)% and (3.7)%, respectively. Total returns are historical and are calculated by determining the percentage change in the net asset value or market price with all dividends reinvested, if any. Dividends are assumed to be reinvested in accordance with the Company’s dividend reinvestment plan and do not reflect brokerage commissions.

The Advisor generally employs a grading system for our entire portfolio. The Advisor grades all loans on a scale of 1 to 4. This system is intended to reflect the performance of the borrower’s business, the collateral coverage of the loans and other factors considered relevant. Generally, the Advisor assigns only one loan grade to each portfolio company for all loan investments in that portfolio company; however, the Advisor will assign multiple ratings when appropriate for different investments in one portfolio company. The following is a description of the conditions associated with each investment rating:

Grade 1: Investments in portfolio companies whose performance is substantially within or above the Advisor’s original base case expectations and whose risk factors are neutral to favorable to those at the time of the original investment or subsequent restructuring.

Grade 2: Investments in portfolio companies whose performance is materially below the Advisor’s original base case expectations or risk factors have increased since the time of original investment or subsequent restructuring. No loss of investment return or principal (or invested capital) is expected.

Grade 3: Investments in portfolio companies whose performance is materially below the Advisor’s original base case expectations or risk factors have increased materially since the time of original investment or subsequent restructuring. Some loss of investment return is expected, but no loss of principal (or invested capital) is expected.

Grade 4: Investments in portfolio companies whose performance is materially below the Advisor’s original base case expectations or risk factors have increased substantially since the time of original investment or subsequent restructuring. Some loss of principal (or invested capital) is expected.

The Advisor monitors and, when appropriate, changes the investment ratings assigned to each investment in our portfolio. In connection with our valuation process, the Advisor and Board review these investment ratings on a quarterly basis. Our weighted average investment rating was 1.44 at June 30, 2023 and 1.33 at December 31, 2022. The following is a distribution of the investment ratings of our portfolio companies, at fair value, at June 30, 2023 and December 31, 2022:

	June 30, 2023		December 31, 2022
Grade 1	$	373,160,979	$	422,813,958
Grade 2		198,666,330		117,689,506
Grade 3		8,961,602		9,675,397
Grade 4		14,999,000		15,936,823
Not Rated(1)		49,500		4,373,400
Total investments	$	595,837,411	$	570,489,084

(1)The 'Not Rated' category at June 30, 2023 consists primarily of the Company's residual equity investment in MBS Parent, LLC. The 'Not Rated' category at December 31, 2022 consists primarily of the Company’s residual equity investment in Stitch Holdings, L.P. For purposes of calculating our weighted average investment rating, the 'Not Rated' category is excluded.

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Results of operations

Results comparisons for the three months ended June 30, 2023 and 2022.

Investment income

	Three Months Ended
	June 30, 2023		June 30, 2022
Investment income
Interest and fees on senior secured loans	$	19,578,938	$	12,004,839
Interest and fees on other debt securities		203,323		149,298
Interest earned on short-term investments, cash equivalents		70,160		36,089
Dividends on equity securities		89,040		78,729
Total investment income	$	19,941,461	$	12,268,955

Total investment income for the three months ended June 30, 2023 increased $7.7 million, or 62.5%, as compared to the three months ended June 30, 2022. The increase was primarily due to a 41.0% increase in the weighted average yield on senior secured loans period over period as a result of a higher interest rate environment, and a 19.1% higher average balance in senior secured loans, at amortized cost, during the three months ended June 30, 2023. The increased balance of senior secured loans is primarily due to net deployments during 2022 and the six months ended June 30, 2023, which were substantially all in senior secured debt.

Expenses

	Three Months Ended
	June 30, 2023		June 30, 2022
Operating expenses
Interest and other debt expenses	$	5,482,450	$	2,860,691
Management fees		2,221,908		1,947,167
Incentive fees on income		1,886,182		69,343
Incentive fees on capital gains		—		(1,073,068	)
Director fees		299,375		153,125
Administrative expenses		288,454		299,262
Professional fees		249,734		207,489
Insurance expense		162,746		196,114
Investment advisor expenses		17,094		25,819
Other operating expenses		423,298		462,797
Total expenses	$	11,031,241	$	5,148,739

Total expenses increased $5.9 million, or 114.3%, for the three months ended June 30, 2023 from the comparable period in 2022, primarily due to increases in interest and other debt expenses and Incentive Fees on income during the three months ended in June 30, 2023, coupled with the reversal of previously accrued Incentive Fees on capital gains as required by GAAP during the three months ended June 30, 2022.

Interest and other debt expenses increased approximately $2.6 million, or 91.6%, for the three months ended June 30, 2023 from the comparable period in 2022 due to an increase in the average debt outstanding period over period, and a higher interest rate environment (see Note 4 to the consolidated financial statements).

Incentive fees on income increased approximately $1.8 million for the three months ended June 30, 2023 from the comparable period in 2022 due to higher pre-incentive fee net investment income in excess of the hurdle period over period.

The Company is required under GAAP to accrue a hypothetical liquidation basis Incentive Fee on capital gains (if any), based upon net realized capital gains and unrealized capital appreciation and depreciation on investments held at the end of each period. If the resulting calculation amount is negative, the accrual for GAAP in a given period may result in the reduction or reversal of Incentive Fees on capital gains accrued in a prior period (see Note 3 to the consolidated financial statements). The accrual (reversal) of Incentive Fees on capital gains was zero and $(1.1) million during the three months ended June 30, 2023 and 2022, respectively. The Company did not have an accrued balance at June 30, 2023 and December 31, 2022.

Net investment income

Net investment income was $8.9 million and $7.1 million for the three months ended June 30, 2023 and 2022, respectively. The increase of approximately $1.8 million, or 25.1%, was due to a $7.7 million increase in total investment income, partially offset by a $5.9 million increase in expenses described above.

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Net realized gain or loss

Net realized gain (loss) recorded for the three months ended June 30, 2023 was $0.2 million, due to escrow proceeds received from SVP-Singer Holdings, LP, which was exited during 2021. There was no net realized gain(loss) recorded for the three months ended June 30, 2022.

Net unrealized appreciation or depreciation

For the three months ended June 30, 2023 and 2022, the change in net unrealized appreciation or depreciation on our investments and Interest Rate Swap was an increase in net unrealized depreciation of $(7.6) million and $(9.7) million, respectively. The increase in net unrealized depreciation for the three months ended June 30, 2023 was primarily due to i) $(4.4) million of valuation depreciation in our equity position in Stitch Holdings, L.P.; ii) $(2.7) million of valuation depreciation in our debt positions in Astra Acquisition Corp. and Thras.io, LLC; and iii) $(0.6) million of unrealized depreciation on our Interest Rate Swap. The increase in net unrealized depreciation for the three months ended June 30, 2022 was primarily due to i) an overall increase in valuation depreciation across our portfolio due to spread widening and general market declines during the quarter, out of which our investments in Zest Acquisition Corp., Thras.io, LLC, Razor Group GmbH and Magenta Buyer, LLC (McAfee) contributed to $(2.8) million of that decrease; ii) a $(1.5) million increase in valuation depreciation in our investment in Juul Labs Inc; partially offset by iii) a $0.8 million decrease in unrealized depreciation in Gordon Brothers Finance Company, including the reversal of $2.0 million of previously recognized depreciation as a result of a paydown during the quarter and $(1.2) million of valuation depreciation during the quarter.

Net increase or decrease in net assets resulting from operations

The net increase or (decrease) in net assets resulting from operations for the three months ended June 30, 2023 and 2022 was approximately $1.5 million and $(2.5) million, respectively. The increase is primarily due to a $1.8 million increase in net investment income and a $2.3 million decrease in net realized and unrealized loss period-over-period.

Results comparisons for the six months ended June 30, 2023 and 2022.

Investment income

	Six Months Ended
	June 30, 2023		June 30, 2022
Investment income
Interest and fees on senior secured loans	$	37,983,075	$	23,973,523
Interest and fees on other debt securities		397,251		285,205
Interest earned on short-term investments, cash equivalents		149,718		37,903
Dividends and fees on equity securities		175,382		154,611
Total investment income	$	38,705,426	$	24,451,242

Total investment income for the six months ended June 30, 2023 increased $14.3 million, or 58.3%, as compared to the six months ended June 30, 2022. The increase was primarily due to a 39.9% increase in the weighted average yield on senior secured loans period over period as a result of a higher interest rate environment, and a 16.3% higher average balance in senior secured loans, at amortized cost, during the six months ended June 30, 2023. The increased balance of senior secured loans is primarily due to net deployments during 2022 and the six months ended June 30, 2023, which were substantially all in senior secured debt.

Expenses

	Six Months Ended
	June 30, 2023		June 30, 2022
Operating expenses
Interest and other debt expenses	$	10,200,681	$	5,589,642
Management fees		4,352,380		4,007,031
Incentive fees on income		3,762,085		88,356
Incentive fees on capital gains		—		(1,544,569	)
Director fees		449,000		306,250
Administrative expenses		581,088		664,769
Professional fees		443,161		510,346
Insurance expense		323,703		395,872
Investment advisor expenses		34,187		51,638
Other operating expenses		787,429		766,596
Total expenses	$	20,933,714	$	10,835,931

Total expenses increased $10.1 million, or 93.2%, for the six months ended June 30, 2023 from the comparable period in 2022, primarily due to increases in interest and other debt expenses and Incentive Fees on income during the three months ended in June 30, 2023,

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coupled with the reversal of previously accrued Incentive Fees on capital gains as required by GAAP during the six months ended June 30, 2022.

Interest and other debt expenses increased approximately $4.6 million, or 82.5%, for the six months ended June 30, 2023 from the comparable period in 2022 due to an increase in the average debt outstanding period over period, and a higher interest rate environment (see Note 4 to the consolidated financial statements).

Incentive fees on income increased approximately $3.7 million for the six months ended June 30, 2023 from the comparable period in 2022 due to higher pre-incentive fee net investment income in excess of the hurdle period over period.

The Company is required under GAAP to accrue a hypothetical liquidation basis Incentive Fee on capital gains (if any), based upon net realized capital gains and unrealized capital appreciation and depreciation on investments held at the end of each period. If the resulting calculation amount is negative, the accrual for GAAP in a given period may result in the reduction or reversal of Incentive Fees on capital gains accrued in a prior period (see Note 3 to the consolidated financial statements). The accrual (reversal) of Incentive Fees on capital gains was zero and $(1.5) million during the six months ended June 30, 2023 and 2022, respectively. The Company did not have an accrued balance at June 30, 2023 and December 31, 2022.

Net investment income

Net investment income was $17.8 million and $13.6 million for the six months ended June 30, 2023 and 2022, respectively. The increase of approximately $4.2 million, or 30.5%, was due to a $14.3 million increase in total investment income, partially offset by a $10.1 million increase in expenses described above.

Net realized gain or loss

Net realized gain (loss) recorded for the six months ended June 30, 2023 was $(0.4) million, due to the full sales of our positions in Kemmerer Holdings, LLC and Advanced Lighting Technologies, LLC, partially offset by escrow proceeds received from SVP-Singer Holdings, LP, which was exited during 2021. Net realized gain (loss) for the six months ended June 30, 2022 was approximately $0.8 million, primarily due to escrow proceeds received from SVP –Singer Holdings, LP.

Net unrealized appreciation or depreciation

For the six months ended June 30, 2023 and 2022, the change in net unrealized appreciation or depreciation on our investments and Interest Rate Swap was an increase in net unrealized depreciation of $(7.3) million and $(11.5) million, respectively. The increase in net unrealized depreciation for the six months ended June 30, 2023 was primarily due to i) $(4.7) million of valuation depreciation in our debt positions in Astra Acquisition Corp., Magenta Buyer, LLC (McAfee) and Thras.io, LLC; ii) $(4.4) million of valuation depreciation in our equity position in Stitch Holdings, L.P.; and iii) $(0.4) million of unrealized depreciation on our Interest Rate Swap; offset by net unrealized appreciation of $2.2 million on the remaining portfolio positions during the six months ended June 30, 2023. The increase in net unrealized depreciation for the six months ended June 30, 2022 was primarily due to i) an overall increase in valuation depreciation across our portfolio due to spread widening and general market declines during the period, out of which our investments in Zest Acquisition Corp., Stitch Holdings L.P., Thras.io, LLC, and Magenta Buyer, LLC (McAfee) contributed to $(3.3) million of that decrease; ii) a $(1.6) million increase in valuation depreciation in our investment in Juul Labs Inc.; partially offset by iii) a $0.9 million decrease in unrealized depreciation in Gordon Brothers Finance Company, including the reversal of $2.0 million of previously recognized depreciation as a result of a paydown during the period and $(1.1) million of valuation depreciation during the period.

Net increase or decrease in net assets resulting from operations

The net increase or (decrease) in net assets resulting from operations for the six months ended June 30, 2023 and 2022 was approximately $10.0 million and $3.0 million, respectively. The increase is primarily due to a $4.2 million increase in net investment income and a $2.9 million decrease in net realized and unrealized loss period-over-period.

Supplemental Non-GAAP information

We report our financial results on a GAAP basis; however, management believes that evaluating our ongoing operating results may be enhanced if investors have additional non-GAAP basis financial measures. Management reviews non-GAAP financial measures to assess ongoing operations and, for the reasons described below, considers them to be effective indicators, for both management and investors, of our financial performance over time. Management does not advocate that investors consider such non-GAAP financial measures in isolation from, or as a substitute for, financial information prepared in accordance with GAAP.

After March 6, 2017, Incentive Fees based on income are calculated for each calendar quarter and may be paid on a quarterly basis if certain thresholds are met. In addition, as previously disclosed, the Advisor, in consultation with the Company’s Board, had agreed to waive

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Incentive Fees based on income from March 7, 2017 to June 30, 2019. BCIA had agreed to honor such waiver. The Advisor had voluntarily waived a portion of its Incentive Fees based on income from July 1, 2019 through September 30, 2021.

We record our liability for Incentive Fee based on capital gains by performing a hypothetical liquidation basis calculation at the end of each reporting period, as required by GAAP, which assumes that all unrealized capital appreciation and depreciation is realized as of the reporting date. It should be noted that Incentive Fees based on capital gains (if any) are not due and payable until the end of the annual measurement period, or every June 30. The incremental Incentive Fee disclosed for a given period is not necessarily indicative of actual full year results. Changes in the economic environment, financial markets and other parameters used in determining such estimates could cause actual results to differ and such differences could be material. There can be no assurance that unrealized capital appreciation and depreciation will be realized in the future, or that any accrued capital gains Incentive Fee will become payable. Incentive Fee amounts on capital gains actually paid by the Company will specifically exclude consideration of unrealized capital appreciation, consistent with requirements under the Advisers Act and the Current Management Agreement. See Note 3 to the consolidated financial statements for a more detailed description of the Company’s Incentive Fee.

Computations for all periods are derived from our consolidated financial statements as follows:

	Three Months Ended						Six Months Ended
	June 30, 2023			June 30, 2022			June 30, 2023			June 30, 2022
GAAP Basis:
Net Investment Income	$	8,910,220		$	7,120,216		$	17,771,712		$	13,615,311
Net Investment Income per share		0.12			0.10			0.24			0.18
Addback: GAAP incentive fee (reversal) based on capital gains		—			(1,073,068	)		—			(1,544,569	)
Addback: GAAP incentive fee based on Income		1,886,182			69,343			3,762,085			88,356
Pre-Incentive Fee1:
Net Investment Income	$	10,796,402		$	6,116,491		$	21,533,797		$	12,159,098
Net Investment Income per share		0.15			0.08			0.30			0.16
Less: Incremental incentive fee based on Income		(1,886,182	)		(69,343	)		(3,762,085	)		(88,356	)
As Adjusted2:
Net Investment Income	$	8,910,220		$	6,047,148		$	17,771,712		$	12,070,742
Net Investment Income per share		0.12			0.08			0.24			0.16

Pre-Incentive Fee1: Amounts are adjusted to remove all incentive fees (if any). Such fees have been accrued (reversed) but are not due and payable at the reporting date.

As Adjusted2: Amounts are adjusted to remove the GAAP accrual (reversal) for incentive fee based on capital gains (if any), and to include only the incremental incentive fee based on income (if any). Adjusted amounts reflect the fact that no Incentive Fee on capital gains was realized and payable to the Advisor during the three and six month periods ended June 30, 2023 and 2022, respectively (see Note 3). Under the Current Management Agreement, incentive fee based on income is calculated for each calendar quarter and may be paid on a quarterly basis if certain thresholds are met.

Financial condition, liquidity and capital resources

During the six months ended June 30, 2023, we generated operating cash flows primarily from interest and fees received on senior secured loans and other debt securities, as well as from sales of selected portfolio company investments or repayments of principal. Net cash used in operating activities for the six months ended June 30, 2023 was $(12.0) million. Our use of cash from operating activities during the period primarily consisted of $(29.5) million in net purchases of investments, excluding PIK capitalization.

Net cash provided by financing activities during the six months ended June 30, 2023 was $14.9 million. Our sources of cash from financing activities consisted of $30.0 million in net debt borrowings under the Credit Facility. Our uses of cash consisted of cash dividends paid to stockholders of $(14.5) million and payments of debt issuance costs of $(0.6) million.

In the normal course of business, we may enter into guarantees on behalf of portfolio companies. Under these arrangements, we would be required to make payments to third parties if the portfolio companies were to default on their related payment obligations. There were no such guarantees outstanding at June 30, 2023 and December 31, 2022. In addition, from time to time, the Company may provide for a commitment to a portfolio company for investment in an existing or new security. At June 30, 2023 and December 31, 2022, we were obligated to existing portfolio companies for unfunded commitments of $47.2 million across 49 portfolio companies and $72.1 million across 51 portfolio companies, respectively.

As of June 30, 2023, we have analyzed cash and cash equivalents and availability under our Credit Facility and believe that there is sufficient liquidity to meet all of our obligations, fund unfunded commitments should the need arise, and deploy capital into new and existing portfolio companies.

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Contractual obligations

A summary of our significant contractual payment obligations for the repayment of outstanding borrowings at June 30, 2023 is as follows:

	Payments Due By Period (dollars in millions)
	Total		Less than 1 year		1-3 years		3-5 years		After 5 years
Credit Facility(1)	$	192.0	$	—	$	192.0	$	—	$	—
2025 Private Placement Notes		92.0		—		92.0		—		—
Interest and Debt Related Payables		1.7		1.7		—		—		—

(1)At June 30, 2023, $73.0 million remained undrawn under our Credit Facility.

Dividends

Our quarterly dividends, if any, are determined by our Board. Dividends are declared considering our estimate of annual taxable income available for distribution to stockholders and the amount of taxable income carried over from the prior year for distribution in the current year. We cannot assure stockholders that they will receive any dividends at all or dividends at a particular level. The following table lists the quarterly dividends per share from our common stock since June 2021:

Dividend Amount Per Share Outstanding	Record Date	Payment Date
$0.10	June 16, 2021	July 7, 2021
$0.10	September 15, 2021	October 6, 2021
$0.10	December 16, 2021	January 6, 2022
$0.10	March 17, 2022	April 7, 2022
$0.10	June 16, 2022	July 7, 2022
$0.10	September 15, 2022	October 6, 2022
$0.10	December 16, 2022	January 6, 2023
$0.10	March 16, 2023	April 6, 2023
$0.10	June 15, 2023	July 6, 2023
$0.10	September 15, 2023	October 6, 2023

Tax characteristics of all dividends are reported to stockholders on Form 1099-DIV or Form 1042-S after the end of the calendar year.

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We have elected to be taxed as a RIC under Subchapter M of the Code. In order to maintain favorable RIC tax treatment, we must distribute annually to our stockholders at least 90% of our ordinary income and realized net short-term capital gains in excess of realized net long-term capital losses, if any, out of the assets legally available for distribution. In order to avoid certain excise taxes imposed on RICs, we must distribute during each calendar year an amount at least equal to the sum of:

•98% of our ordinary income (not taking into account any capital gains or losses) for the calendar year;

•98.2% of the amount by which our capital gains exceed our capital losses (adjusted for certain ordinary losses) for the one-year period generally ending on October 31 of the calendar year; and

•certain undistributed amounts from previous years on which we paid no U.S. federal income tax.

We may, at our discretion, carry forward taxable income in excess of calendar year dividends and pay a 4% excise tax on this income. If we choose to do so, all other things being equal, this would increase expenses and reduce the amounts available to be distributed to our stockholders. We will accrue excise tax on estimated taxable income as required. In addition, although we currently intend to distribute realized net capital gains (i.e., net long-term capital gains in excess of short-term capital losses), if any, at least annually, out of the assets legally available for such dividends, we may in the future decide to retain such capital gains for investment. There was no provision for federal excise taxes recorded for the year ended December 31, 2022.

The final tax characterization of dividends is determined after the fiscal year and is reported on Form 1099 and in the Company’s annual report to stockholders. Dividends can be characterized as ordinary income, capital gains and/or return of capital. To the extent that dividends exceed the Company’s current and accumulated earnings and profits, the excess may be treated as a non-taxable return of capital. Dividends that exceed a Company’s taxable income but do not exceed the Company’s current and accumulated earnings and profits, may be classified as ordinary income which is taxable to stockholders.

The Company estimates the source of its dividends as required by Section 19(a) of the 1940 Act. On a quarterly basis, for any payment of dividends estimated to be paid from any other source other than net investment income accrued for current period or certain cumulative periods based on the Section 19(a) requirement, the Company posts a Section 19(a) notice through the Depository Trust Company’s Legal Notice System and its website, as well as sends its registered stockholders a printed copy of such notice along with the dividend payment. The estimates of the source of the dividend are interim estimates based on GAAP that are subject to revision, and the exact character of the dividends for tax purposes cannot be determined until the final books and records are finalized for the calendar year. Therefore, these estimates are made solely in order to comply with the requirements of Section 19(a) of the 1940 Act and should not be relied upon for tax reporting or any other purposes and could differ significantly from the actual character of dividends for tax purposes. For the $0.10 dividend per share paid on July 6, 2023, the Company estimated that $0.10 was sourced from net investment income and there was no return of capital paid based on book income. For reporting purposes on the Consolidated Statements of Changes in Net Assets, sources of dividends to stockholders will be adjusted on an annual basis, if necessary, and calculated in accordance with federal income tax regulations.

We maintain an “opt out” dividend reinvestment plan for our common stockholders. As a result, except as discussed below, if we declare a dividend, stockholders’ cash dividends will be automatically reinvested in additional shares of our common stock, unless they specifically “opt out” of the Company's dividend reinvestment plan (the "Plan") as to receive cash dividends. Additionally, if the Company makes a dividend to be paid in cash or in stock at the election of stockholders as of the applicable dividend record date (a “Cash/Stock Dividend”), the terms are subject to the amended Plan dated May 13, 2020 described below (see Note 7 to the consolidated financial statements).

On March 6, 2018, the Company's Board adopted amendments to the Plan. Under the terms of the amended Plan, if the Company declares a dividend or determines to make a capital gain or other distribution, the reinvestment plan agent will acquire shares for the participants’ accounts, depending upon the following circumstances, (i) through receipt of additional unissued but authorized shares from the Company (“newly issued shares”) and/or (ii) by purchase of outstanding shares on the open market (“open-market purchases”). If, on the dividend payment date, the last quarterly net asset value per share (“NAV”) is equal to or less than the closing market price per share on such dividend payment date (such condition often referred to as a “market premium”), the reinvestment plan agent will invest the dividend amount in newly issued shares on behalf of the participants. The number of newly issued shares to be credited to each participant’s account will be determined by dividing the dollar amount of the dividend by the greater of (i) the NAV or (ii) 95% of the closing market price on the dividend payment date. If, on the dividend payment date, the NAV is greater than the closing market price per share on such dividend payment date (such condition often referred to as a “market discount”), the reinvestment plan agent may, upon notice from the Company, either (a) invest the dividend amount in newly issued shares on behalf of the participants or (b) invest the dividends amount in shares acquired on behalf of the participants in open-market purchases.

On May 13, 2020, the Company's Board adopted further amendments to the Plan. Under the terms of the amended Plan, if the Company makes a Cash/Stock Dividend, each stockholder will be required to elect whether to receive the dividend in cash or in shares of the Company's common stock (“Common Shares”), pursuant to such notices, forms or other documentation as may be provided to the stockholder by the Company (the “Election Forms”). If the stockholder is a Plan participant and elects to receive the Cash/Stock Dividend in cash, the stockholder will be deemed to have elected not to participate in the Plan solely with respect to such Cash/Stock Dividend and will receive the dividend in cash subject to any rules applicable to the dividend that may limit the portion of the dividend the Company is required to pay in cash. If the stockholder is a Plan participant and elects to receive the Cash/Stock Dividend in stock, the stockholder will receive the dividend in newly issued Common Shares. The number of newly issued Common Shares credited to the stockholders' account in either case will be determined by dividing the dollar amount of the dividend (or portion of the dividend to be paid in Common Shares) by the price per Common Share

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determined in accordance with the Election Forms rather than pursuant to the formula(s) otherwise applicable under the Plan. This feature of the Plan means that, under certain circumstances, we may issue shares of our common stock at a price below NAV per share, which could cause our stockholders to experience dilution. At the Company's special meeting of stockholders held on May 3, 2022, stockholders did not approve the Company's ability to sell or otherwise issue shares of common stock at a price below its then current NAV per share for a 12-month period expiring on the anniversary of the date of stockholder approval. We may not be able to achieve operating results that will allow us to make dividends at a specific level or to increase the amount of these dividends from time to time. Also, we may be limited in our ability to make dividends due to the asset coverage test applicable to us as a BDC under the 1940 Act and due to provisions in our existing and future debt arrangements.

If we do not distribute a certain percentage of our income annually, we will suffer adverse tax consequences, including possible loss of favorable RIC tax treatment. In addition, in accordance with U.S. GAAP and tax regulations, we include in income certain amounts that we have not yet received in cash, such as payment-in-kind interest, which represents contractual interest added to the loan balance that becomes due at the end of the loan term, or the accretion of original issue or market discount. Since we may recognize income before or without receiving cash representing such income, we may have difficulty meeting the requirement to distribute at least 90% of our investment company taxable income to obtain tax benefits as a RIC and may be subject to income or excise taxes. In order to satisfy the annual distribution requirement applicable to RICs, we may have the ability to declare a large portion of a dividend in shares of our common stock instead of in cash. As long as a sufficient portion of such dividend is paid in cash and certain requirements are met, the entire distribution would generally be treated as a dividend for U.S. federal income tax purposes.

Recent developments

On August 1, 2023, the Company’s Board declared a dividend of $0.10 per share, payable on October 6, 2023 to stockholders of record at the close of business on September 15, 2023.

The Company has reviewed subsequent events occurring through the date that these consolidated financial statements were available to be issued, and determined that no subsequent events occurred requiring accrual or disclosure, except as disclosed above and elsewhere in these notes to consolidated financial statements.

Notice is hereby given in accordance with Section 23(c) of the 1940 Act that from time to time the Company may purchase shares of its common stock in the open market at prevailing market prices.

Item 3. Quantitative and Qualitative Disclosures About Market Risk

We are subject to financial market risks, including changes in interest rates. At June 30, 2023, 99% of our yielding debt investments, at fair value, bore interest based on floating rates, such as LIBOR, SOFR, or the Prime Rate. The interest rates on such investments generally reset by reference to the current market index after one to six months. Of those yielding floating rate debt investments, 94% contained an interest rate floor. Floating rate investments subject to a floor generally reset by reference to the current market index after one to six months only if the index exceeds the floor. Interest rate sensitivity refers to the change in our earnings that may result from changes in the level of interest rates. Since we fund a portion of our investments with borrowings, our net investment income is affected by the difference between the rate at which we invest and the rate at which we borrow. The Company’s Credit Facility bears interest at variable rates with a reference rate floor of 0.00%, while our 2025 Private Placement Notes were issued in two tranches, consisting of a fixed tranche and variable rate tranche with no floor. As a result, there can be no assurance that a significant change in market interest rates will not have a material adverse effect on our net investment income.

The following table shows the approximate annual increase (decrease) on net investment income of base rate changes in interest rates (considering interest rate floors for variable rate instruments) to our debt portfolio and outstanding borrowings as of June 30, 2023, assuming no changes to our investment and borrowing structure:

	Net Investment Income(1)			Net Investment Income Per Share(1)(2)
Basis Point Change ($ in millions, except per share data)
Up 400 basis points	$	14.2		$	0.20
Up 300 basis points	$	10.7		$	0.15
Up 200 basis points	$	7.1		$	0.10
Up 100 basis points	$	3.6		$	0.05
Down 100 basis points	$	(3.6	)	$	(0.05	)

(1)Excludes the impact of incentive fees based on income

(2)Per share amounts based on the weighted average shares outstanding for the most recent quarter.

While hedging activities may help to insulate us against adverse changes in interest rates, they also may limit our ability to participate in the beneficial interest rates with respect to our portfolio of investments. There can be no assurance that we will be able to effectively hedge our interest rate risk. Refer to Notes 2 and 4 for more information on the Company’s Interest Rate Swap. Projected amounts in the table above do not include the impact of interest rate changes on the Company's Interest Rate Swap.

55

Item 4. Controls and Procedures

As of the end of the period covered by this report, we carried out an evaluation, under the supervision and with the participation of our management, including our Interim Chief Executive Officer and Interim Chief Financial Officer, of the effectiveness of the design and operation of our disclosure controls and procedures (as defined in Rule 13a-15 under the Exchange Act). Based on that evaluation, our Interim Chief Executive Officer and Interim Chief Financial Officer have concluded that our current disclosure controls and procedures are effective in timely alerting them to material information relating to us that is required to be disclosed by us in the reports we file or submit under the Exchange Act.

There have been no changes in our internal control over financial reporting that occurred during our most recently completed fiscal quarter that have materially affected, or are reasonably likely to materially affect, our internal controls over financial reporting.

56

PART II. OTHER INFORMATION

Item 1. Legal Proceedings

From time to time, we and the Advisor may be a party to certain legal proceedings incidental to the normal course of our business, including the enforcement of our rights under contracts with our portfolio companies. Further, third parties may try to seek to impose liability on us in connection with the activities of our portfolio companies. While we cannot predict the outcome of these legal proceedings with certainty, we do not expect that these proceedings will have a material effect on our consolidated financial statements.

Item 1A. Risk Factors

In addition to the other information set forth in this report, you should carefully consider the risk factor discussed below and the risk factors in our Annual Report on Form 10-K for the fiscal year ended December 31, 2022 (the “Annual Report”), which could materially affect our business, financial condition and/or operating results. The risks described in our Annual Report and discussed below are not the only risks facing us. Additional risks and uncertainties not currently known to us or that we currently deem to be immaterial also may materially and adversely affect our business, financial condition and/or operating results.

The U.S. and global capital markets are subject to systemic risk that could adversely affect our business, financial condition and results of operations.

Issuers, national and regional banks, financial institutions and other participants in the U.S. and global capital markets are closely interrelated as a result of credit, trading, clearing, technology and other relationships. A significant adverse development (such as a bank run, insolvency, bankruptcy or default) with one or more national or regional banks, financial institutions or other participants in the financial or capital markets may spread to others and lead to significant concentrated or market-wide problems (such as defaults, liquidity problems, impairment charges, additional bank runs and/or losses) for other participants in these markets. Future developments, including actions taken by the U.S. Department of Treasury, Federal Deposit Insurance Corporation ("FDIC"), Federal Reserve Board, and systemic risk in the U.S. and global banking sectors and broader economies in general, are difficult to assess and quantify, and the form and magnitude of such developments or other actions of the U.S. Department of Treasury, FDIC and Federal Reserve Board may remain unknown for significant periods of time and could have an adverse effect on the Company.

For example, in response to the rapidly declining financial condition of regional banks Silicon Valley Bank (“SVB”) and Signature Bank (“Signature”), the California Department of Financial Protection and Innovation (the “CDFPI”) and the New York State Department of Financial Services (the “NYSDFS”) closed SVB and Signature on March 10, 2023 and March 12, 2023, respectively, and the FDIC was appointed as receiver for SVB and Signature. Although the U.S. Department of the Treasury, the Federal Reserve and the FDIC have taken measures to stabilize the financial system, uncertainty and liquidity concerns in the broader financial services industry remain. Additionally, should there be additional systemic pressure on the financial system and capital markets, we cannot assure you of the response of any government or regulator, and any response may not be as favorable to industry participants as the measures currently being pursued. In addition, highly publicized issues related to the U.S. and global capital markets in the past have led to significant and widespread investor concerns over the integrity of the capital markets. The current situation related to SVB and Signature could in the future lead to further rules and regulations for public companies, banks, financial institutions and other participants in the U.S. and global capital markets, and complying with the requirements of any such rules or regulations may be burdensome. Even if not adopted, evaluating and responding to any such proposed rules or regulations could results in increased costs and require significant attention from the Advisor.
 

Item 2. Unregistered Sales of Equity Securities and Use of Proceeds

None.

Item 3. Defaults Upon Senior Securities

None.

Item 4. Mine Safety Disclosures

Not Applicable

57

Item 5. Other Information

During the three months ended June 30, 2023, no director or Section 16 officer of the Company adopted or terminated a "Rule 10b5-1 trading arrangement" or "non-Rule 10b5-1 trading arrangement," as each term is defined in Item 408 of Regulation S-K.

Price Range of Common Stock

Our common stock began trading on June 27, 2007 and is currently traded on The NASDAQ Global Select Market under the symbol “BKCC”. The following table lists the high and low closing sale price for our common stock, the closing sale price as a percentage of net asset value, or NAV, and quarterly dividends per share in each fiscal quarter to date for the year ended December 31, 2023, the year ended December 31, 2022 and the year ended December 31, 2021. On June 30, 2023, the reported closing price of our common stock was $3.28 per share.

			Stock Price				Premium/(Discount) of			Premium/(Discount) of
	NAV(1)		High(2)		Low(2)		High Sales Price to NAV(3)			Low Sales Price to NAV(3)			Declared Dividends
Fiscal Year ended December 31, 2023
First Quarter	$	4.41	$	3.81	$	3.30		(14	)%		(25	)%	$	0.10
Second Quarter	$	4.33	$	3.59	$	3.05		(17	)%		(30	)%	$	0.10
Fiscal Year ended December 31, 2022
First Quarter	$	4.70	$	4.25	$	4.00		(10	)%		(15	)%	$	0.10
Second Quarter	$	4.57	$	4.34	$	3.46		(5	)%		(24	)%	$	0.10
Third Quarter	$	4.56	$	4.02	$	3.38		(12	)%		(26	)%	$	0.10
Fourth Quarter	$	4.39	$	3.90	$	3.42		(11	)%		(22	)%	$	0.10
Fiscal Year ended December 31, 2021
First Quarter	$	4.35	$	3.68	$	2.65		(15	)%		(39	)%	$	0.10
Second Quarter	$	4.68	$	4.43	$	3.48		(5	)%		(26	)%	$	0.10
Third Quarter	$	4.74	$	4.24	$	3.81		(11	)%		(20	)%	$	0.10
Fourth Quarter	$	4.73	$	4.35	$	3.80		(8	)%		(20	)%	$	0.10

(1)NAV per share is determined as of the last day in the relevant quarter and therefore may not reflect the NAV per share on the date of the high and low sales prices. The NAVs shown are based on outstanding shares at the end of each period.

(2)The High/Low Stock Price is calculated as of the closing price on a given day in the applicable quarter.

(3)Calculated as the respective High/Low Stock Price minus the quarter end NAV, divided by the quarter end NAV.

58

Item 6. Exhibits.

(a)Exhibits.

3.1	Certificate of Incorporation of the Registrant (1)
3.2	Certificate of Amendment to the Certificate of Incorporation of the Registrant (2)
3.3	Amended and Restated By-laws of the Registrant (3)
4.1	Form of Stock Certificate of the Registrant (4)
31.1*	Certification of Chief Executive Officer Pursuant to 18 U.S.C. Section 1350, as Adopted Pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.
31.2*	Certification of Chief Financial Officer Pursuant to 18 U.S.C. Section 1350, as Adopted Pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.
32*	Certification of CEO and CFO Pursuant to 18 U.S.C. Section 1350, as Adopted Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.
101.INS	Inline XBRL Instance Document - the instance document does not appear in the Interactive Data File because XBRL tags are embedded within the Inline XBRL document.
101.SCH	Inline XBRL Taxonomy Extension Schema Document
101.DEF	Inline XBRL Taxonomy Extension Definition Linkbase Document
101.LAB	Inline XBRL Taxonomy Extension Label Linkbase Document
101.PRE	Inline XBRL Taxonomy Extension Presentation Linkbase Document
104	Cover Page Interactive Data File (embedded within the Inline XBRL document)

* Filed herewith

(1)Previously filed with the Registrant’s Registration Statement on Form 10 (Commission File No. 000-51327), as amended, originally filed on May 24, 2005.

(2)Previously filed with the Registrant’s Form 8-K dated as of March 9, 2015.

(3)Previously filed with the Registrant’s Form 8-K dated as of April 30, 2018.

(4)Previously filed with the Registrant’s pre-effective Amendment No. 2 to the Registration Statement on Form N-2 (Commission File No. 333-141090), filed on June 14, 2007.

59

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

	BLACKROCK CAPITAL INVESTMENT CORPORATION
Date: August 2, 2023	By:	/s/ James E. Keenan
		James E. Keenan
		Interim Chief Executive Officer
Date: August 2, 2023	By:	/s/ Chip Holladay
		Chip Holladay
		Interim Chief Financial Officer and Treasurer

60

EX-31.1

EXHIBIT 31.1

CEO CERTIFICATION

I, James E. Keenan, certify that:

1. I have reviewed this Quarterly Report on Form 10-Q of BlackRock Capital Investment Corporation and subsidiaries;

2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

3. Based on my knowledge, the consolidated financial statements, and other financial information included in this report, fairly present in all material respects the consolidated financial condition, consolidated results of operations and consolidated cash flows of the registrant as of, and for, the periods presented in this report;

4. The registrant’s other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:

a) Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

b) Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of consolidated financial statements for external purposes in accordance with generally accepted accounting principles;

c) Evaluated the effectiveness of the registrant’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and

d) Disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the registrant’s most recent fiscal quarter that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and

5. The registrant’s other certifying officer and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant’s auditors and the audit committee of the registrant’s board of directors (or persons performing the equivalent functions):

a) All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize and report financial information; and

b) Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal control over financial reporting.

Date: August 2, 2023	By:	/s/ James E. Keenan
		James E. Keenan
		Interim Chief Executive Officer

EX-31.2

EXHIBIT 31.2

CFO CERTIFICATION

I, Chip Holladay, certify that:

1. I have reviewed this Quarterly Report on Form 10-Q of BlackRock Capital Investment Corporation and subsidiaries;

2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

3. Based on my knowledge, the consolidated financial statements, and other financial information included in this report, fairly present in all material respects the consolidated financial condition, consolidated results of operations and consolidated cash flows of the registrant as of, and for, the periods presented in this report;

4. The registrant’s other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:

a) Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

b) Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of consolidated financial statements for external purposes in accordance with generally accepted accounting principles;

c) Evaluated the effectiveness of the registrant’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and

d) Disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the registrant’s most recent fiscal quarter that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and

5. The registrant’s other certifying officer and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant’s auditors and the audit committee of the registrant’s board of directors (or persons performing the equivalent functions):

a) All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize and report financial information; and

b) Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal control over financial reporting.

Date: August 2, 2023	By:	/s/ Chip Holladay
		Chip Holladay
		Interim Chief Financial Officer and Treasurer

EX-32

EXHIBIT 32

Certification of CEO and CFO Pursuant to

18 U.S.C. Section 1350,

as Adopted Pursuant to

Section 906 of the Sarbanes-Oxley Act of 2002

In connection with the Quarterly Report on Form 10-Q of BlackRock Capital Investment Corporation and subsidiaries (the “Company”) for the quarter ended June 30, 2023 as filed with the Securities and Exchange Commission on the date hereof (the “Report”), James E. Keenan, as Interim Chief Executive Officer of the Company, and Chip Holladay, as Interim Chief Financial Officer and Treasurer of the Company, each hereby certifies, pursuant to 18 U.S.C. § 1350, as adopted pursuant to § 906 of the Sarbanes-Oxley Act of 2002, that:

(1) The Report fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934; and

(2) The information contained in the Report fairly presents, in all material respects, the consolidated financial condition and consolidated results of operations of the Company.

/s/ James E. Keenan
Name:	James E. Keenan
Title:	Interim Chief Executive Officer
Date:	August 2, 2023
/s/ Chip Holladay
Name:	Chip Holladay
Title:	Interim Chief Financial Officer and Treasurer
Date:	August 2, 2023

XML

Document and Entity Information - shares	6 Months Ended
	Jun. 30, 2023	Aug. 01, 2023
Cover [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Jun. 30, 2023
Document Fiscal Year Focus	2023
Document Fiscal Period Focus	Q2
Document Quarterly Report	true
Document Transition Report	false
Title of 12(b) Security	Common Stock, $0.001 par value
Trading Symbol	BKCC
Security Exchange Name	NASDAQ
Entity Registrant Name	BLACKROCK CAPITAL INVESTMENT CORPORATION
Entity Central Index Key	0001326003
Current Fiscal Year End Date	--12-31
Entity Filer Category	Non-accelerated Filer
Entity Small Business	false
Entity Shell Company	false
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Common Stock, Shares Outstanding		72,571,907
Entity Emerging Growth Company	false
Entity File Number	814-00712
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	20-2725151
Entity Address, Address Line One	50 Hudson Yards
Entity Address, City or Town	New York
Entity Address, State or Province	NY
Entity Address, Postal Zip Code	10001
City Area Code	212
Local Phone Number	810-5800

XML

Statements of Assets and Liabilities - USD ($)	Jun. 30, 2023	Dec. 31, 2022
Assets
Investments at fair value	$ 595,837,411	$ 570,489,084
Cash and cash equivalents	12,405,398	9,531,190
Interest, dividends and fees receivable	6,836,319	5,515,446
Due from broker	2,097,000	1,946,507
Deferred debt issuance costs	1,347,337	1,055,117
Receivable for investments sold	36,986	12,096
Prepaid expenses and other assets	403,727	510,706
Total assets	618,964,178	589,060,146
Liabilities
Debt (net of deferred issuance costs of $828,843 and $996,839)	283,171,157	253,003,161
Dividends payable	7,257,191	7,257,191
Income incentive fees payable (see Note 3)	7,165,434	3,403,349
Management fees payable	2,221,908	2,186,540
Interest and debt related payables	1,698,635	738,719
Interest Rate Swap at fair value	1,445,045	1,332,299
Accrued administrative expenses	288,454	397,299
Payable for investments purchased	1,463	600,391
Accrued expenses and other liabilities	1,685,832	1,618,844
Total liabilities	304,935,119	270,537,793
Commitments and contingencies (see Note 9)
Net assets
Common stock, par value $.001 per share, 200,000,000 common shares authorized, 84,481,797 issued and 72,571,907 outstanding	84,482	84,482
Paid-in capital in excess of par	850,199,351	850,199,351
Distributable earnings (losses)	(462,881,072)	(458,387,778)
Treasury stock at cost, 11,909,890 shares held	(73,373,702)	(73,373,702)
Total net assets	314,029,059	318,522,353
Total liabilities and net assets	$ 618,964,178	$ 589,060,146
Latest NAV	$ 4.33	$ 4.39
Non-Controlled, Non-Affiliated Investments
Assets
Investments at fair value	$ 580,838,411	$ 551,686,646
Non-Controlled, Affiliated Investments
Assets
Investments at fair value	0	3,574,438
Controlled Investments
Assets
Investments at fair value	$ 14,999,000	$ 15,228,000

XML

Statements of Assets and Liabilities (Parenthetical) - USD ($)	Jun. 30, 2023	Dec. 31, 2022
Cost	$ 690,597,257	$ 658,300,164
Deferred issuance costs, debt	$ 828,843	$ 996,839
Common stock, par value	$ 0.001	$ 0.001
Common stock, shares authorized	200,000,000	200,000,000
Common stock, shares issued	84,481,797	84,481,797
Common stock, shares outstanding	72,571,907	72,571,907
Treasury Stock, Common, Shares	11,909,890	11,909,890
Non-Controlled, Non-Affiliated Investments
Cost	$ 605,038,194	$ 569,528,145
Non-Controlled, Affiliated Investments
Cost	1,139,598	3,849,638
Controlled Investments
Cost	$ 84,419,465	$ 84,922,381

XML

Consolidated Statements of Operations - USD ($)		3 Months Ended		6 Months Ended
		Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Investment income
Total investment income		$ 19,941,461	$ 12,268,955	$ 38,705,426	$ 24,451,242
Operating expenses
Interest and other debt expenses		5,482,450	2,860,691	10,200,681	5,589,642
Management fees		2,221,908	1,947,167	4,352,380	4,007,031
Incentive fees on income		1,886,182	69,343	3,762,085	88,356
Incentive fees on capital gains(1)	[1]	0	(1,073,068)	0	(1,544,569)
Director fees		299,375	153,125	449,000	306,250
Administrative expenses		288,454	299,262	581,088	664,769
Professional fees		249,734	207,489	443,161	510,346
Insurance expense		162,746	196,114	323,703	395,872
Investment advisor expenses		17,094	25,819	34,187	51,638
Other operating expenses		423,298	462,797	787,429	766,596
Total expenses		11,031,241	5,148,739	20,933,714	10,835,931
Net investment income	[1]	8,910,220	7,120,216	17,771,712	13,615,311
Net realized gain (loss):
Net realized gain (loss)		195,593	0	(404,104)	825,913
Net change in unrealized appreciation (depreciation):
Net change in unrealized appreciation (depreciation) on Interest Rate Swap		(564,538)	(198,694)	(397,754)	(198,694)
Net change in unrealized appreciation (depreciation)		(7,602,122)	(9,660,376)	(7,346,520)	(11,459,010)
Net realized and unrealized gain (loss)		(7,406,529)	(9,660,376)	(7,750,624)	(10,633,097)
Net increase (decrease) in net assets resulting from operations		$ 1,503,691	$ (2,540,160)	$ 10,021,088	$ 2,982,214
Net investment income per share-basic	[1]	$ 0.12	$ 0.1	$ 0.24	$ 0.18
Earnings (loss) per share - basic	[1]	$ 0.02	$ (0.03)	$ 0.14	$ 0.04
Weighted average shares outstanding - basic		72,571,907	73,667,822	72,571,907	73,744,580
Net investment income per share-diluted	[1],[2]	$ 0.12	$ 0.1	$ 0.24	$ 0.18
Earnings (loss) per share - diluted	[1],[2]	$ 0.02	$ (0.03)	$ 0.14	$ 0.04
Weighted average shares outstanding - diluted		72,571,907	87,860,082	72,571,907	89,329,839
Non-Controlled, Non-Affiliated Investments
Investment income
Interest income (excluding PIK):		$ 18,541,747	$ 11,646,011	$ 35,954,222	$ 23,252,914
PIK interest income		999,236	126,140	2,028,467	249,158
PIK dividend income		89,040	78,729	175,382	154,611
Other income		311,438	301,503	515,561	562,091
Net realized gain (loss):
Net realized gain (loss)		195,593	0	37,802	825,913
Net change in unrealized appreciation (depreciation):
Net change in unrealized appreciation (depreciation)		(6,866,500)	(9,875,353)	(6,358,284)	(12,412,374)
Non-Controlled, Affiliated Investments
Investment income
PIK interest income		0	116,572	31,794	232,468
Net realized gain (loss):
Net realized gain (loss)		0	0	(441,906)	0
Net change in unrealized appreciation (depreciation):
Net change in unrealized appreciation (depreciation)		0	(352,787)	(864,398)	229,671
Controlled Investments
Net change in unrealized appreciation (depreciation):
Net change in unrealized appreciation (depreciation)		$ (171,084)	$ 766,458	$ 273,916	$ 922,387

[1] Net investment income and per share amounts displayed above are net of the reversal for incentive fees on capital gains which is reflected on a hypothetical liquidation basis in accordance with GAAP for the three and six month periods ended June 30, 2022 (see Note 3).

[2] For the three and six month periods ended June 30, 2022, the impact of the hypothetical conversion of the 2022 Convertible Notes was antidilutive (see Note 8).

XML

Consolidated Statements of Changes in Net Assets - USD ($)		3 Months Ended								6 Months Ended
		Jun. 30, 2023		Mar. 31, 2023		Jun. 30, 2022		Mar. 31, 2022		Jun. 30, 2023		Jun. 30, 2022
Beginning balance		$ 319,782,559		$ 318,522,353		$ 346,904,442		$ 349,651,973		$ 318,522,353		$ 349,651,973
Repurchase of common stock, value						(1,586,451)		(440,237)
Issuance of common stock from the conversion of the 2022 Convertible Notes						30,000
Net investment income		8,910,220	[1]	8,861,492		7,120,216	[1]	6,495,095		17,771,712	[1]	13,615,311	[1]
Net realized and unrealized gain (loss)		(7,406,529)		(344,095)		(9,660,376)		(972,721)		(7,750,624)		(10,633,097)
Dividends to common stockholders		(7,257,191)		(7,257,191)	[2]	(7,363,184)	[2]	(7,380,270)	[2]	(14,514,382)		(14,743,454)
Ending balance		314,029,059		319,782,559		335,444,647		346,904,442		$ 314,029,059		335,444,647
Cumulative Effect of Adjustment
Beginning balance	[3]							(449,398)				$ (449,398)
Accounting Standards Update [Extensible Enumeration]										ASU 2020-06		ASU 2020-06
Common Stock
Beginning balance		$ 84,482		$ 84,482		$ 84,478		$ 84,478		$ 84,482		$ 84,478
Beginning balance, Shares		72,571,907		72,571,907		73,770,679		73,876,987		72,571,907		73,876,987
Repurchase of common stock, value						$ 0		$ 0
Repurchase of common stock, Shares						(420,083)		(106,308)
Issuance of common stock from the conversion of the 2022 Convertible Notes						$ 4
Issuance of common stock from the conversion of the 2022 Convertible Notes, Shares						3,546
Net investment income		$ 0		$ 0		$ 0		$ 0
Net realized and unrealized gain (loss)		0		0		0		0
Dividends to common stockholders		0		0	[2]	0	[2]	0	[2]
Ending balance		$ 84,482		$ 84,482		$ 84,482		$ 84,478		$ 84,482		$ 84,482
Ending balance, Shares		72,571,907		72,571,907		73,354,142		73,770,679		72,571,907		73,354,142
Common Stock | Cumulative Effect of Adjustment
Beginning balance	[3]							$ 0				$ 0
Accounting Standards Update [Extensible Enumeration]								ASU 2020-06
Paid in Capital in Excess of Par
Beginning balance		$ 850,199,351		$ 850,199,351		$ 848,022,547		$ 852,360,178		$ 850,199,351		852,360,178
Repurchase of common stock, value						0		0
Issuance of common stock from the conversion of the 2022 Convertible Notes						29,996
Net investment income		0		0		0		0
Net realized and unrealized gain (loss)		0		0		0		0
Dividends to common stockholders		0		0	[2]	0	[2]	0	[2]
Ending balance		850,199,351		850,199,351		848,052,543		848,022,547		850,199,351		848,052,543
Paid in Capital in Excess of Par | Cumulative Effect of Adjustment
Beginning balance	[3]							$ (4,337,631)				(4,337,631)
Accounting Standards Update [Extensible Enumeration]								ASU 2020-06
Distributable Earnings (Loss)
Beginning balance		(457,127,572)		(458,387,778)		(432,272,960)		$ (434,303,297)		(458,387,778)		(434,303,297)
Repurchase of common stock, value						0		0
Issuance of common stock from the conversion of the 2022 Convertible Notes						0
Net investment income		8,910,220		8,861,492		7,120,216		6,495,095
Net realized and unrealized gain (loss)		(7,406,529)		(344,095)		(9,660,376)		(972,721)
Dividends to common stockholders		(7,257,191)		(7,257,191)	[2]	(7,363,184)	[2]	(7,380,270)	[2]
Ending balance		(462,881,072)		(457,127,572)		(442,176,304)		(432,272,960)		(462,881,072)		(442,176,304)
Distributable Earnings (Loss) | Cumulative Effect of Adjustment
Beginning balance	[3]							$ 3,888,233				3,888,233
Accounting Standards Update [Extensible Enumeration]								ASU 2020-06
Treasury Stock
Beginning balance		(73,373,702)		(73,373,702)		(68,929,623)		$ (68,489,386)		(73,373,702)		(68,489,386)
Repurchase of common stock, value						1,586,451		440,237
Issuance of common stock from the conversion of the 2022 Convertible Notes						0
Net investment income		0		0		0		0
Net realized and unrealized gain (loss)		0		0		0		0
Dividends to common stockholders		0		0	[2]	0	[2]	0	[2]
Ending balance		$ (73,373,702)		$ (73,373,702)		$ (70,516,074)		(68,929,623)		$ (73,373,702)		(70,516,074)
Treasury Stock | Cumulative Effect of Adjustment
Beginning balance	[3]							$ 0				$ 0
Accounting Standards Update [Extensible Enumeration]								ASU 2020-06

[1] Net investment income and per share amounts displayed above are net of the reversal for incentive fees on capital gains which is reflected on a hypothetical liquidation basis in accordance with GAAP for the three and six month periods ended June 30, 2022 (see Note 3).

[2] Sources of dividends to stockholders will be adjusted on an annual basis, if necessary, and calculated in accordance with federal income tax regulations (see Note 2). For both the three month periods ended June 30, 2023 and March 31, 2023, it is estimated that there was no return of capital based on book income.

[3] See Note 4 for further information related to the adoption of ASU 2020-06.

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Consolidated Statements of Changes in Net Assets (Parenthetical) - USD ($)	3 Months Ended
	Jun. 30, 2023	Mar. 31, 2023
Statement of Stockholders' Equity [Abstract]
Total dividend	$ 7,257,191	$ 7,257,191	[1]
Estimated tax return on capital distribution	$ 0	$ 0

[1] Sources of dividends to stockholders will be adjusted on an annual basis, if necessary, and calculated in accordance with federal income tax regulations (see Note 2). For both the three month periods ended June 30, 2023 and March 31, 2023, it is estimated that there was no return of capital based on book income.

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Consolidated Statements of Cash Flows - USD ($)	6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022
Operating activities
Net increase (decrease) in net assets resulting from operations	$ 10,021,088	$ 2,982,214
Adjustments to reconcile net increase (decrease) in net assets resulting from operations to net cash provided by (used in) operating activities:
Net realized (gain) loss	404,104	(825,913)
Net change in unrealized (appreciation) depreciation of investments	6,948,766	11,260,316
Net change in unrealized (appreciation) depreciation on Interest Rate Swap	397,754	198,694
Interest and dividend income paid in kind	(2,235,643)	(636,237)
Net amortization of investment discounts and premiums	(1,516,503)	(1,532,581)
Amortization of deferred debt issuance costs	445,104	668,747
Changes in assets and liabilities:
Purchase of investments	(56,752,397)	(116,857,948)
Proceeds from disposition of investments	27,226,737	103,762,076
Decrease (increase) in interest, dividends and fees receivable	(744,265)	921,005
Decrease (increase) in due from broker	(82,233)	(1,097,291)
Decrease (increase) in receivable for investments sold	(24,890)	609,516
Decrease (increase) in prepaid expenses and other assets	106,979	409,973
Increase (decrease) in payable for investments purchased	(598,928)	(11,082,281)
Increase (decrease) in interest and debt related payables	959,916	137,774
Increase (decrease) in management fees payable	35,368	(175,352)
Increase (decrease) in income incentive fees payable	3,762,085	(100,659)
Increase (decrease) in accrued capital gains incentive fees	0	(1,544,569)
Increase (decrease) in Interest Rate Swap at fair value	(353,268)	0
Increase (decrease) in accrued administrative expenses	(108,845)	(84,963)
Increase (decrease) in accrued expenses and other liabilities	66,988	(88,671)
Net cash provided by (used in) operating activities	(12,042,083)	(13,076,150)
Financing activities
Repayment of 2022 Convertible Notes	0	(143,720,000)
Proceeds from issuance of 2025 Private Placement Notes	0	92,000,000
Draws on Credit Facility	50,000,000	160,000,000
Repayments of Credit Facility draws	(20,000,000)	(68,000,000)
Dividends paid to common stockholders	(14,514,382)	(14,773,242)
Repurchase of common shares	0	(2,026,688)
Payments of debt issuance costs	(569,327)	(796,172)
Net cash provided by (used in) financing activities	14,916,291	22,683,898
Net increase (decrease) in cash and cash equivalents	2,874,208	9,607,748
Cash and cash equivalents at beginning of period	9,531,190	12,750,121
Cash and cash equivalents at end of period	12,405,398	22,357,869
Supplemental cash flow information
Interest payments	8,584,893	4,330,110
Tax payments	81,001	60,464
Share issuance - conversion of 2022 Convertible Notes	$ 0	$ 30,000

XML

Consolidated Schedules of Investments (Unaudited) - USD ($)		6 Months Ended		12 Months Ended
		Jun. 30, 2023		Dec. 31, 2022		Dec. 31, 2021
Schedule Of Investments [Line Items]
Cost		$ 690,597,257		$ 658,300,164
Fair Value		$ 595,837,411		$ 570,489,084
Investment, Identifier [Axis]: Cash and Cash Equivalents
Schedule Of Investments [Line Items]
Total Debt Investment		4.00%		3.00%
Fair Value		$ 12,405,398	[1],[2],[3]	$ 9,531,190	[4],[5]
Investment, Identifier [Axis]: Cash and Investments
Schedule Of Investments [Line Items]
Total Debt Investment		193.70%		182.10%
Fair Value		$ 608,242,809	[1],[2],[3]	$ 580,020,274	[4],[5]
Investment, Identifier [Axis]: Controlled Affiliate Security
Schedule Of Investments [Line Items]
Fair Value		14,999,000	[6]	15,228,000	[6],[7]	$ 21,927,071	[7]
Investment, Identifier [Axis]: Controlled Affiliate Security | Gordon Brothers Finance Company | Common Stock
Schedule Of Investments [Line Items]
Fair Value		0	[6]	0	[7],[8]	0	[7]
Investment, Identifier [Axis]: Controlled Affiliate Security | Gordon Brothers Finance Company | Preferred Stock
Schedule Of Investments [Line Items]
Fair Value		0	[6]	0	[7],[8]	0	[7]
Investment, Identifier [Axis]: Controlled Affiliate Security | Gordon Brothers Finance Company | Unsecured Debt
Schedule Of Investments [Line Items]
Fair Value		$ 14,999,000	[6]	$ 15,228,000	[6],[7]	21,927,071	[7]
Investment, Identifier [Axis]: Controlled Affiliated Investments
Schedule Of Investments [Line Items]
Total Debt Investment		4.80%		4.80%
Investment, Identifier [Axis]: Debt Investments
Schedule Of Investments [Line Items]
Total Debt Investment		188.50%		175.90%
Cost		$ 631,409,768	[2],[3],[9],[10]	$ 598,534,207	[4],[5],[11]
Fair Value		591,905,479	[1],[2],[3],[9]	560,266,004	[4],[5],[12]
Investment, Identifier [Axis]: Debt Investments Automobiles
Schedule Of Investments [Line Items]
Cost	[4],[5],[11],[13]			2,505,506
Fair Value	[4],[5],[12],[13]			$ 2,535,420
Investment, Identifier [Axis]: Debt Investments | Automobiles
Schedule Of Investments [Line Items]
Cost	[2],[3],[9],[10]	2,347,567
Fair Value	[1],[2],[3],[9]	$ 2,347,282
Investment, Identifier [Axis]: Debt Investments | Automobiles | ALCV Purchaser, Inc. (AutoLenders) | First Lien Revolver | Quarterly LIBOR | Floor Rate 1.00% | Spread 6.75% | Total Coupon 11.39% | Maturity 4/15/2026
Schedule Of Investments [Line Items]
Interest Rate, Floor	[4],[5],[13]			1.00%
Spread	[4],[5],[13]			6.75%
Total Coupon	[4],[5],[13]			11.39%
Maturity	[4],[5],[13]			Apr. 15, 2026
Principal	[4],[5],[13]			$ 233,430
Cost	[4],[5],[11],[13]			231,163
Fair Value	[4],[5],[12],[13]			$ 233,430
Investment, Identifier [Axis]: Debt Investments | Automobiles | ALCV Purchaser, Inc. (AutoLenders) | First Lien Revolver | Quarterly LIBOR | Floor Rate 1.00% | Spread 6.75% | Total Coupon 12.18% | Maturity 4/15/2026
Schedule Of Investments [Line Items]
Interest Rate, Floor	[2],[3],[9]	1.00%
Spread	[2],[3],[9]	6.75%
Total Coupon	[2],[3],[9]	12.18%
Maturity	[2],[3],[9]	Apr. 15, 2026
Principal	[2],[3],[9]	$ 233,430
Cost	[2],[3],[9],[10]	231,528
Fair Value	[1],[2],[3],[9]	$ 231,096
Investment, Identifier [Axis]: Debt Investments | Automobiles | ALCV Purchaser, Inc. (AutoLenders) | First Lien Term Loan | Quarterly LIBOR | Floor Rate 1.00% | Spread 6.75% | Total Coupon 11.45% | Maturity 4/15/2026
Schedule Of Investments [Line Items]
Interest Rate, Floor	[4],[5],[13]			1.00%
Spread	[4],[5],[13]			6.75%
Total Coupon	[4],[5],[13]			11.45%
Maturity	[4],[5],[13]			Apr. 15, 2026
Principal	[4],[5],[13]			$ 2,301,990
Cost	[4],[5],[11],[13]			2,274,343
Fair Value	[4],[5],[12],[13]			$ 2,301,990
Investment, Identifier [Axis]: Debt Investments | Automobiles | ALCV Purchaser, Inc. (AutoLenders) | First Lien Term Loan | Quarterly LIBOR | Floor Rate 1.00% | Spread 6.75% | Total Coupon 12.23% | Maturity 4/15/2026
Schedule Of Investments [Line Items]
Interest Rate, Floor	[2],[3],[9]	1.00%
Spread	[2],[3],[9]	6.75%
Total Coupon	[2],[3],[9]	12.23%
Maturity	[2],[3],[9]	Apr. 15, 2026
Principal	[2],[3],[9]	$ 2,137,562
Cost	[2],[3],[9],[10]	2,116,039
Fair Value	[1],[2],[3],[9]	$ 2,116,186
Investment, Identifier [Axis]: Debt Investments | Building Products | Porcelain Acquisition Corporation (Paramount) | First Lien Term Loan | Quarterly LIBOR | Floor Rate 1.00% | Spread 5.75% | Total Coupon 10.48% | Maturity 4/30/2027
Schedule Of Investments [Line Items]
Interest Rate, Floor	[4],[5],[13]			1.00%
Spread	[4],[5],[13]			5.75%
Total Coupon	[4],[5],[13]			10.48%
Maturity	[4],[5],[13]			Apr. 30, 2027
Principal	[4],[5],[13]			$ 2,514,995
Cost	[4],[5],[11],[13]			2,475,461
Fair Value	[4],[5],[12],[13]			2,530,084
Investment, Identifier [Axis]: Debt Investments | Building Products | Porcelain Acquisition Corporation (Paramount) | First Lien Term Loan | Quarterly SOFR | Floor Rate 1.00% | Spread 5.75% | Total Coupon 11.34% | Maturity 4/30/2027
Schedule Of Investments [Line Items]
Interest Rate, Floor	[2],[3],[9]	1.00%
Spread	[2],[3],[9]	5.75%
Total Coupon	[2],[3],[9]	11.34%
Maturity	[2],[3],[9]	Apr. 30, 2027
Principal	[2],[3],[9]	$ 2,499,699
Cost	[2],[3],[9],[10]	2,465,047
Fair Value	[1],[2],[3],[9]	2,439,706
Investment, Identifier [Axis]: Debt Investments | Capital Markets
Schedule Of Investments [Line Items]
Cost		1,036,437	[2],[3],[9],[10]	1,029,438	[4],[5],[11],[13]
Fair Value		$ 1,064,728	[1],[2],[3],[9]	$ 1,065,228	[4],[5],[12],[13]
Investment, Identifier [Axis]: Debt Investments | Capital Markets | Pico Quantitative Trading, LLC | First Lien Incremental Term Loan | Quarterly SOFR | Floor Rate 1.5% | Spread 7.25% | Total Coupon 11.61% | Maturity 2/7/2025
Schedule Of Investments [Line Items]
Interest Rate, Floor	[4],[5],[13]			1.50%
Spread	[4],[5],[13]			7.25%
Total Coupon	[4],[5],[13]			11.61%
Maturity	[4],[5],[13]			Feb. 07, 2025
Principal	[4],[5],[13]			$ 560,228
Cost	[4],[5],[11],[13]			540,020
Fair Value	[4],[5],[12],[13]			$ 560,228
Investment, Identifier [Axis]: Debt Investments | Capital Markets | Pico Quantitative Trading, LLC | First Lien Incremental Term Loan | Quarterly SOFR | Floor Rate 1.5% | Spread 7.25% | Total Coupon 12.56% | Maturity 2/7/2025
Schedule Of Investments [Line Items]
Interest Rate, Floor	[2],[3],[9]	1.50%
Spread	[2],[3],[9]	7.25%
Total Coupon	[2],[3],[9]	12.56%
Maturity	[2],[3],[9]	Feb. 07, 2025
Principal	[2],[3],[9]	$ 560,228
Cost	[2],[3],[9],[10]	544,549
Fair Value	[1],[2],[3],[9]	$ 560,228
Investment, Identifier [Axis]: Debt Investments | Capital Markets | Pico Quantitative Trading, LLC | First Lien Term Loan (1.0% Exit Fee) | Quarterly SOFR | Floor Rate 1.5% | Spread 7.25% | Total Coupon 11.98% | Maturity 2/7/2025
Schedule Of Investments [Line Items]
Interest Rate, Floor	[4],[5],[13]			1.50%
Spread	[4],[5],[13]			7.25%
Total Coupon	[4],[5],[13]			11.98%
Maturity	[4],[5],[13]			Feb. 07, 2025
Principal	[4],[5],[13]			$ 500,000
Cost	[4],[5],[11],[13]			489,418
Fair Value	[4],[5],[12],[13]			505,000
Investment, Identifier [Axis]: Debt Investments | Capital Markets | Pico Quantitative Trading, LLC | First Lien Term Loan (1.0% Exit Fee) | Quarterly SOFR | Floor Rate 1.5% | Spread 7.25% | Total Coupon 12.75% | Maturity 2/7/2025
Schedule Of Investments [Line Items]
Interest Rate, Floor	[2],[3],[9]	1.50%
Spread	[2],[3],[9]	7.25%
Total Coupon	[2],[3],[9]	12.75%
Maturity	[2],[3],[9]	Feb. 07, 2025
Principal	[2],[3],[9]	$ 500,000
Cost	[2],[3],[9],[10]	491,888
Fair Value	[1],[2],[3],[9]	504,500
Investment, Identifier [Axis]: Debt Investments | Commercial Services & Supplies
Schedule Of Investments [Line Items]
Cost		7,112,894	[2],[3],[9],[10]	6,652,192	[4],[5],[11],[13]
Fair Value		$ 6,775,507	[1],[2],[3],[9]	$ 6,236,204	[4],[5],[12],[13]
Investment, Identifier [Axis]: Debt Investments | Commercial Services & Supplies | Kellermeyer Bergensons Services, LLC | First Lien Delayed Draw Term Loan A | Quarterly LIBOR | Floor Rate 1.00% | Spread 6.00% | Total Coupon 10.41% | Maturity 11/7/2026
Schedule Of Investments [Line Items]
Interest Rate, Floor	[4],[5],[13]			1.00%
Spread	[4],[5],[13]			6.00%
Total Coupon	[4],[5],[13]			10.41%
Maturity	[4],[5],[13]			Nov. 07, 2026
Principal	[4],[5],[13]			$ 348,708
Cost	[4],[5],[11],[13]			346,720
Fair Value	[4],[5],[12],[13]			$ 313,140
Investment, Identifier [Axis]: Debt Investments | Commercial Services & Supplies | Kellermeyer Bergensons Services, LLC | First Lien Delayed Draw Term Loan A | Quarterly LIBOR | Floor Rate 1.00% | Spread 6.00% | Total Coupon 11.27% | Maturity 11/7/2026
Schedule Of Investments [Line Items]
Interest Rate, Floor	[2],[3],[9]	1.00%
Spread	[2],[3],[9]	6.00%
Total Coupon	[2],[3],[9]	11.27%
Maturity	[2],[3],[9]	Nov. 07, 2026
Principal	[2],[3],[9]	$ 346,911
Cost	[2],[3],[9],[10]	345,363
Fair Value	[1],[2],[3],[9]	$ 320,199
Investment, Identifier [Axis]: Debt Investments | Commercial Services & Supplies | Kellermeyer Bergensons Services, LLC | First Lien Delayed Draw Term Loan B | Quarterly LIBOR | Floor Rate 1.00% | Spread 6.00% | Total Coupon 10.41% | Maturity 11/7/2026
Schedule Of Investments [Line Items]
Interest Rate, Floor	[4],[5],[13]			1.00%
Spread	[4],[5],[13]			6.00%
Total Coupon	[4],[5],[13]			10.41%
Maturity	[4],[5],[13]			Nov. 07, 2026
Principal	[4],[5],[13]			$ 482,944
Cost	[4],[5],[11],[13]			480,224
Fair Value	[4],[5],[12],[13]			$ 433,684
Investment, Identifier [Axis]: Debt Investments | Commercial Services & Supplies | Kellermeyer Bergensons Services, LLC | First Lien Delayed Draw Term Loan B | Quarterly LIBOR | Floor Rate 1.00% | Spread 6.00% | Total Coupon 11.27% | Maturity 11/7/2026
Schedule Of Investments [Line Items]
Interest Rate, Floor	[2],[3],[9]	1.00%
Spread	[2],[3],[9]	6.00%
Total Coupon	[2],[3],[9]	11.27%
Maturity	[2],[3],[9]	Nov. 07, 2026
Principal	[2],[3],[9]	$ 480,498
Cost	[2],[3],[9],[10]	478,383
Fair Value	[1],[2],[3],[9]	$ 443,500
Investment, Identifier [Axis]: Debt Investments | Commercial Services & Supplies | Kellermeyer Bergensons Services, LLC | First Lien Term Loan | Quarterly LIBOR | Floor Rate 1.00% | Spread 6.00% | Total Coupon 10.41% | Maturity 11/7/2026
Schedule Of Investments [Line Items]
Interest Rate, Floor	[4],[5],[13]			1.00%
Spread	[4],[5],[13]			6.00%
Total Coupon	[4],[5],[13]			10.41%
Maturity	[4],[5],[13]			Nov. 07, 2026
Principal	[4],[5],[13]			$ 1,584,967
Cost	[4],[5],[11],[13]			1,576,423
Fair Value	[4],[5],[12],[13]			$ 1,423,301
Investment, Identifier [Axis]: Debt Investments | Commercial Services & Supplies | Kellermeyer Bergensons Services, LLC | First Lien Term Loan | Quarterly LIBOR | Floor Rate 1.00% | Spread 6.00% | Total Coupon 11.27% | Maturity 11/7/2026
Schedule Of Investments [Line Items]
Interest Rate, Floor	[2],[3],[9]	1.00%
Spread	[2],[3],[9]	6.00%
Total Coupon	[2],[3],[9]	11.27%
Maturity	[2],[3],[9]	Nov. 07, 2026
Principal	[2],[3],[9]	$ 1,576,797
Cost	[2],[3],[9],[10]	1,570,202
Fair Value	[1],[2],[3],[9]	$ 1,455,384
Investment, Identifier [Axis]: Debt Investments | Commercial Services & Supplies | Pueblo Mechanical and Controls, LLC | First Lien Delayed Draw Term Loan | Quarterly SOFR | Floor Rate 0.75% | Spread 6.00% | Total Coupon 10.49% | Maturity 8/23/2028
Schedule Of Investments [Line Items]
Interest Rate, Floor	[4],[5],[13],[14]			0.75%
Spread	[4],[5],[13],[14]			6.00%
Total Coupon	[4],[5],[13],[14]			10.49%
Maturity	[4],[5],[13],[14]			Aug. 23, 2028
Principal	[4],[5],[13],[14]			$ 357,991
Cost	[4],[5],[11],[13],[14]			342,382
Fair Value	[4],[5],[12],[13],[14]			$ 335,983
Investment, Identifier [Axis]: Debt Investments | Commercial Services & Supplies | Pueblo Mechanical and Controls, LLC | First Lien Delayed Draw Term Loan | Quarterly SOFR | Floor Rate 0.75% | Spread 6.00% | Total Coupon 11.26% | Maturity 8/23/2028
Schedule Of Investments [Line Items]
Interest Rate, Floor	[2],[3],[9],[15]	0.75%
Spread	[2],[3],[9],[15]	6.00%
Total Coupon	[2],[3],[9],[15]	11.15%
Maturity	[2],[3],[9],[15]	Aug. 23, 2028
Principal	[2],[3],[9],[15]	$ 743,919
Cost	[2],[3],[9],[10],[15]	724,793
Fair Value	[1],[2],[3],[9],[15]	$ 728,003
Investment, Identifier [Axis]: Debt Investments | Commercial Services & Supplies | Pueblo Mechanical and Controls, LLC | First Lien Revolver | PRIME | Floor Rate 0.75% | Spread 5.00% | Total Coupon 13.25% | Maturity 8/23/2027
Schedule Of Investments [Line Items]
Interest Rate, Floor	[2],[3],[9],[15]	0.75%
Spread	[2],[3],[9],[15]	5.00%
Total Coupon	[2],[3],[9],[15]	13.25%
Maturity	[2],[3],[9],[15]	Aug. 23, 2027
Principal	[2],[3],[9],[15]	$ 88,789
Cost	[2],[3],[9],[10],[15]	84,110
Fair Value	[1],[2],[3],[9],[15]	$ 85,060
Investment, Identifier [Axis]: Debt Investments | Commercial Services & Supplies | Pueblo Mechanical and Controls, LLC | First Lien Revolver | Quarterly SOFR | Floor Rate 0.75% | Spread 6.00% | Total Coupon 10.32% | Maturity 8/23/2027
Schedule Of Investments [Line Items]
Interest Rate, Floor	[4],[5],[13],[14]			0.75%
Spread	[4],[5],[13],[14]			6.00%
Total Coupon	[4],[5],[13],[14]			10.32%
Maturity	[4],[5],[13],[14]			Aug. 23, 2027
Principal	[4],[5],[13],[14]			$ 0
Cost				(5,182)
Fair Value	[4],[5],[12],[13],[14]			$ (5,128)
Investment, Identifier [Axis]: Debt Investments | Commercial Services & Supplies | Pueblo Mechanical and Controls, LLC | First Lien Term Loan | Quarterly SOFR | Floor Rate 0.75% | Spread 6.00% | Total Coupon 10.32% | Maturity 8/23/2028
Schedule Of Investments [Line Items]
Interest Rate, Floor	[4],[5],[13]			0.75%
Spread	[4],[5],[13]			6.00%
Total Coupon	[4],[5],[13]			10.32%
Maturity	[4],[5],[13]			Aug. 23, 2028
Principal	[4],[5],[13]			$ 1,366,200
Cost	[4],[5],[11],[13]			1,333,250
Fair Value	[4],[5],[12],[13]			$ 1,334,367
Investment, Identifier [Axis]: Debt Investments | Commercial Services & Supplies | Pueblo Mechanical and Controls, LLC | First Lien Term Loan | Quarterly SOFR | Floor Rate 0.75% | Spread 6.00% | Total Coupon 11.16% | Maturity 8/23/2028
Schedule Of Investments [Line Items]
Interest Rate, Floor	[2],[3],[9]	0.75%
Spread	[2],[3],[9]	6.00%
Total Coupon	[2],[3],[9]	11.16%
Maturity	[2],[3],[9]	Aug. 23, 2028
Principal	[2],[3],[9]	$ 1,359,352
Cost	[2],[3],[9],[10]	1,329,791
Fair Value	[1],[2],[3],[9]	$ 1,336,378
Investment, Identifier [Axis]: Debt Investments | Commercial Services & Supplies | Thermostat Purchaser III, Inc. (Reedy Industries) | Second Lien Delayed Draw Term Loan | Quarterly LIBOR | Floor Rate 0.75% | Spread 7.25% | Total Coupon 11.98% | Maturity 8/31/2029
Schedule Of Investments [Line Items]
Interest Rate, Floor	[4],[5],[13],[14]			0.75%
Spread	[4],[5],[13],[14]			7.25%
Total Coupon	[4],[5],[13],[14]			11.98%
Maturity	[4],[5],[13],[14]			Aug. 31, 2029
Principal	[4],[5],[13],[14]			$ 0
Cost	[4],[5],[11],[13],[14]			(2,797)
Fair Value	[4],[5],[12],[13],[14]			$ (31,327)
Investment, Identifier [Axis]: Debt Investments | Commercial Services & Supplies | Thermostat Purchaser III, Inc. (Reedy Industries) | Second Lien Delayed Draw Term Loan | Quarterly SOfR | Floor Rate 0.75% | Spread 7.25% | Total Coupon 12.66% | Maturity 8/31/2029
Schedule Of Investments [Line Items]
Interest Rate, Floor	[2],[3],[9],[15]	0.75%
Spread	[2],[3],[9],[15]	7.25%
Total Coupon	[2],[3],[9],[15]	12.66%
Maturity	[2],[3],[9],[15]	Aug. 31, 2029
Principal	[2],[3],[9],[15]	$ 0
Cost	[2],[3],[9],[10],[15]	(2,589)
Fair Value	[1],[2],[3],[9],[15]	$ (30,432)
Investment, Identifier [Axis]: Debt Investments | Commercial Services & Supplies | Thermostat Purchaser III, Inc. (Reedy Industries) | Second Lien Term Loan | Quarterly LIBOR | Floor Rate 0.75% | Spread 7.25% | Total Coupon 11.98% | Maturity 8/31/2029
Schedule Of Investments [Line Items]
Interest Rate, Floor	[4],[5],[13]			0.75%
Spread	[4],[5],[13]			7.25%
Total Coupon	[4],[5],[13]			11.98%
Maturity	[4],[5],[13]			Aug. 31, 2029
Principal	[4],[5],[13]			$ 2,615,252
Cost	[4],[5],[11],[13]			2,581,172
Fair Value	[4],[5],[12],[13]			2,432,184
Investment, Identifier [Axis]: Debt Investments | Commercial Services & Supplies | Thermostat Purchaser III, Inc. (Reedy Industries) | Second Lien Term Loan | Quarterly SOFR | Floor Rate 0.75% | Spread 7.25% | Total Coupon 12.66% | Maturity 8/31/2029
Schedule Of Investments [Line Items]
Interest Rate, Floor	[2],[3],[9]	0.75%
Spread	[2],[3],[9]	7.25%
Total Coupon	[2],[3],[9]	12.66%
Maturity	[2],[3],[9]	Aug. 31, 2029
Principal	[2],[3],[9]	$ 2,615,252
Cost	[2],[3],[9],[10]	2,582,841
Fair Value	[1],[2],[3],[9]	2,437,415
Investment, Identifier [Axis]: Debt Investments | Construction & Engineering
Schedule Of Investments [Line Items]
Cost		14,879,112		14,953,763	[4],[5],[11],[13]
Fair Value		$ 14,545,552		$ 14,666,740	[4],[5],[12],[13]
Investment, Identifier [Axis]: Debt Investments | Construction & Engineering CSG Buyer, Inc. (Core States) | First Lien Revolver | Quarterly SOFR | Floor Rate 1.00% | Spread 6.00% | Total Coupon 10.84% | Maturity 3/31/2028
Schedule Of Investments [Line Items]
Interest Rate, Floor	[4],[5],[13],[14]			1.00%
Spread	[4],[5],[13],[14]			6.00%
Total Coupon	[4],[5],[13],[14]			10.84%
Maturity	[4],[5],[13],[14]			Mar. 31, 2028
Principal	[4],[5],[13],[14]			$ 0
Cost	[4],[5],[11],[12],[13],[14]			(10,731)
Fair Value	[4],[5],[12],[13],[14]			$ (19,316)
Investment, Identifier [Axis]: Debt Investments | Construction & Engineering | CSG Buyer, Inc. (Core States) | First Lien Delayed Draw Term Loan | Quarterly SOFR | Floor Rate 1.00% | Spread 6.00% | Total Coupon 10.84% | Maturity 3/31/2028
Schedule Of Investments [Line Items]
Interest Rate, Floor	[4],[5],[13],[14]			1.00%
Spread	[4],[5],[13],[14]			6.00%
Total Coupon	[4],[5],[13],[14]			10.84%
Maturity	[4],[5],[13],[14]			Mar. 31, 2028
Principal	[4],[5],[13],[14]			$ 0
Cost	[4],[5],[11],[13],[14]			(10,731)
Fair Value	[4],[5],[12],[13],[14]			$ (38,632)
Investment, Identifier [Axis]: Debt Investments | Construction & Engineering | CSG Buyer, Inc. (Core States) | First Lien Delayed Draw Term Loan | Quarterly SOFR | Floor Rate 1.00% | Spread 6.00% | Total Coupon 11.50% | Maturity 3/31/2028
Schedule Of Investments [Line Items]
Interest Rate, Floor	[2],[3],[9],[15]	1.00%
Spread	[2],[3],[9],[15]	6.00%
Total Coupon	[2],[3],[9],[15]	11.50%
Maturity	[2],[3],[9],[15]	Mar. 31, 2028
Principal	[2],[3],[9],[15]	$ 0
Cost	[2],[3],[9],[10],[15]	(10,731)
Fair Value	[1],[2],[3],[9],[15]	$ (34,340)
Investment, Identifier [Axis]: Debt Investments | Construction & Engineering | CSG Buyer, Inc. (Core States) | First Lien Revolver | Quarterly SOFR | Floor Rate 1.00% | Spread 6.00% | Total Coupon 11.50% | Maturity 3/31/2028
Schedule Of Investments [Line Items]
Interest Rate, Floor	[2],[3],[9],[15]	1.00%
Spread	[2],[3],[9],[15]	6.00%
Total Coupon	[2],[3],[9],[15]	11.50%
Maturity	[2],[3],[9],[15]	Mar. 31, 2028
Principal	[2],[3],[9],[15]	$ 0
Cost	[2],[3],[9],[10],[15]	(10,731)
Fair Value	[1],[2],[3],[9],[15]	$ (17,170)
Investment, Identifier [Axis]: Debt Investments | Construction & Engineering | CSG Buyer, Inc. (Core States) | First Lien Term Loan | Quarterly SOFR | Floor Rate 1.00% | Spread 6.00% | Total Coupon 10.84% | Maturity 3/31/2028
Schedule Of Investments [Line Items]
Interest Rate, Floor	[4],[5],[13]			1.00%
Spread	[4],[5],[13]			6.00%
Total Coupon	[4],[5],[13]			10.84%
Maturity	[4],[5],[13]			Mar. 31, 2028
Principal	[4],[5],[13]			$ 3,275,107
Cost	[4],[5],[11],[13]			3,209,605
Fair Value	[4],[5],[12],[13]			$ 3,157,203
Investment, Identifier [Axis]: Debt Investments | Construction & Engineering | CSG Buyer, Inc. (Core States) | First Lien Term Loan | Quarterly SOFR | Floor Rate 1.00% | Spread 6.00% | Total Coupon 11.50% | Maturity 3/31/2028
Schedule Of Investments [Line Items]
Interest Rate, Floor	[2],[3],[9]	1.00%
Spread	[2],[3],[9]	6.00%
Total Coupon	[2],[3],[9]	11.50%
Maturity	[2],[3],[9]	Mar. 31, 2028
Principal	[2],[3],[9]	$ 3,258,608
Cost	[2],[3],[9],[10]	3,193,436
Fair Value	[1],[2],[3],[9]	$ 3,154,332
Investment, Identifier [Axis]: Debt Investments | Construction & Engineering | Geo Parent Corporation | First Lien Term Loan | Semiannually SOFR | Spread 5.25% | Total Coupon 10.17% | Maturity 12/19/2025
Schedule Of Investments [Line Items]
Interest Rate, Floor	[2],[3],[9]	0.00%
Spread	[2],[3],[9]	5.25%
Total Coupon	[2],[3],[9]	10.17%
Maturity	[2],[3],[9]	Dec. 19, 2025
Principal	[2],[3],[9]	$ 739,091
Cost	[2],[3],[9],[10]	726,008
Fair Value	[1],[2],[3],[9]	$ 713,223
Investment, Identifier [Axis]: Debt Investments | Construction & Engineering | Homerenew Buyer, Inc. (Project Dream) | First Lien Delayed Draw Term Loan | Monthly SOFR | Floor Rate 1.00% | Spread 6.50% | Total Coupon 11.73% | Maturity 11/23/2027
Schedule Of Investments [Line Items]
Interest Rate, Floor	[2],[3],[9],[15],[16]	1.00%
Spread	[2],[3],[9],[15],[16]	6.50%
Total Coupon	[2],[3],[9],[15],[16]	11.73%
Maturity	[2],[3],[9],[15],[16]	Nov. 23, 2027
Principal	[2],[3],[9],[15],[16]	$ 4,957,392
Cost	[2],[3],[9],[10],[15],[16]	4,880,541
Fair Value	[1],[2],[3],[9],[15],[16]	$ 4,744,224
Investment, Identifier [Axis]: Debt Investments | Construction & Engineering | Homerenew Buyer, Inc. (Project Dream) | First Lien Delayed Draw Term Loan | Semiannually SOFR | Floor Rate 1.00% | Spread 6.50% | Total Coupon 11.36% | Maturity 11/23/2027
Schedule Of Investments [Line Items]
Interest Rate, Floor	[4],[5],[13],[14]			1.00%
Spread	[4],[5],[13],[14]			6.50%
Total Coupon	[4],[5],[13],[14]			11.36%
Maturity	[4],[5],[13],[14]			Nov. 23, 2027
Principal	[4],[5],[13],[14]			$ 4,900,908
Cost	[4],[5],[11],[13],[14]			4,795,212
Fair Value	[4],[5],[12],[13],[14]			$ 4,684,152
Investment, Identifier [Axis]: Debt Investments | Construction & Engineering | Homerenew Buyer, Inc. (Project Dream) | First Lien Revolver | Monthly SOFR | Floor Rate 1.00% | Spread 6.50% | Total Coupon 11.12% | Maturity 11/23/2027
Schedule Of Investments [Line Items]
Interest Rate, Floor	[4],[5],[13],[14]			1.00%
Spread	[4],[5],[13],[14]			6.50%
Total Coupon	[4],[5],[13],[14]			11.12%
Maturity	[4],[5],[13],[14]			Nov. 23, 2027
Principal	[4],[5],[13],[14]			$ 240,763
Cost	[4],[5],[11],[13],[14]			224,479
Fair Value	[4],[5],[12],[13],[14]			$ 201,038
Investment, Identifier [Axis]: Debt Investments | Construction & Engineering | Homerenew Buyer, Inc. (Project Dream) | First Lien Revolver | Monthly SOFR | Floor Rate 1.00% | Spread 6.50% | Total Coupon 11.69% | Maturity 11/23/2027
Schedule Of Investments [Line Items]
Interest Rate, Floor	[2],[3],[9],[15]	1.00%
Spread	[2],[3],[9],[15]	6.50%
Total Coupon	[2],[3],[9],[15]	11.69%
Maturity	[2],[3],[9],[15]	Nov. 23, 2027
Principal	[2],[3],[9],[15]	$ 963,053
Cost	[2],[3],[9],[10],[15]	948,844
Fair Value	[1],[2],[3],[9],[15]	$ 911,289
Investment, Identifier [Axis]: Debt Investments | Construction & Engineering | Homerenew Buyer, Inc. (Project Dream) | First Lien Term Loan | Monthly SOFR | Floor Rate 1.00% | Spread 6.50% | Total Coupon 11.70% | Maturity 11/23/2027
Schedule Of Investments [Line Items]
Interest Rate, Floor	[2],[3],[9],[15]	1.00%
Spread	[2],[3],[9],[15]	6.50%
Total Coupon	[2],[3],[9],[15]	11.70%
Maturity	[2],[3],[9],[15]	Nov. 23, 2027
Principal	[2],[3],[9],[15]	$ 3,547,777
Cost	[2],[3],[9],[10],[15]	3,471,905
Fair Value	[1],[2],[3],[9],[15]	$ 3,395,223
Investment, Identifier [Axis]: Debt Investments | Construction & Engineering | Homerenew Buyer, Inc. (Project Dream) | First Lien Term Loan | Semiannually SOFR | Floor Rate 1.00% | Spread 6.50% | Total Coupon 11.54% | Maturity 11/23/2027
Schedule Of Investments [Line Items]
Interest Rate, Floor	[4],[5],[13]			1.00%
Spread	[4],[5],[13]			6.50%
Total Coupon	[4],[5],[13]			11.54%
Maturity	[4],[5],[13]			Nov. 23, 2027
Principal	[4],[5],[13]			$ 3,565,730
Cost	[4],[5],[11],[13]			3,482,162
Fair Value	[4],[5],[12],[13]			$ 3,448,061
Investment, Identifier [Axis]: Debt Investments | Construction & Engineering | LJ Avalon Holdings, LLC (Ardurra) | First Lien Delayed Draw Term Loan | Monthly SOFR | Floor Rate 1.00% | Spread 6.50% | Total Coupon 11.51% | Maturity 2/1/2030
Schedule Of Investments [Line Items]
Interest Rate, Floor	[2],[3],[9],[15]	1.00%
Spread	[2],[3],[9],[15]	6.50%
Total Coupon	[2],[3],[9],[15]	11.51%
Maturity	[2],[3],[9],[15]	Feb. 01, 2030
Principal	[2],[3],[9],[15]	$ 0
Cost	[2],[3],[9],[10],[15]	(10,020)
Fair Value	[1],[2],[3],[9],[15]	$ (17,754)
Investment, Identifier [Axis]: Debt Investments | Construction & Engineering | LJ Avalon Holdings, LLC (Ardurra) | First Lien Revolver | Monthly SOFR | Floor Rate 1.00% | Spread 6.50% | Total Coupon 11.51% | Maturity 2/1/2029
Schedule Of Investments [Line Items]
Interest Rate, Floor	[2],[3],[9],[15]	1.00%
Spread	[2],[3],[9],[15]	6.50%
Total Coupon	[2],[3],[9],[15]	11.51%
Maturity	[2],[3],[9],[15]	Feb. 01, 2029
Principal	[2],[3],[9],[15]	$ 0
Cost	[2],[3],[9],[10],[15]	(7,936)
Fair Value	[1],[2],[3],[9],[15]	$ (7,101)
Investment, Identifier [Axis]: Debt Investments | Construction & Engineering | LJ Avalon Holdings, LLC (Ardurra) | First Lien Term Loan | Monthly SOFR | Floor Rate 1.00% | Spread 6.50% | Total Coupon 11.51% | Maturity 2/1/2030
Schedule Of Investments [Line Items]
Interest Rate, Floor	[2],[3],[9]	1.00%
Spread	[2],[3],[9]	6.50%
Total Coupon	[2],[3],[9]	11.51%
Maturity	[2],[3],[9]	Feb. 01, 2030
Principal	[2],[3],[9]	$ 1,747,309
Cost	[2],[3],[9],[10]	1,697,796
Fair Value	[1],[2],[3],[9]	1,703,626
Investment, Identifier [Axis]: Debt Investments | Construction & Engineering | Sunland Asphalt & Construction, LLC | First Lien Delayed Draw Term Loan | Semiannually LIBOR | Floor Rate 1.00% | Spread 6.00% | Total Coupon 11.15% | Maturity 1/13/2026
Schedule Of Investments [Line Items]
Interest Rate, Floor	[4],[5],[13]			1.00%
Spread	[4],[5],[13]			6.00%
Total Coupon	[4],[5],[13]			11.15%
Maturity	[4],[5],[13]			Jan. 13, 2026
Principal	[4],[5],[13]			$ 832,161
Cost	[4],[5],[11],[13]			821,187
Fair Value	[4],[5],[12],[13]			$ 813,853
Investment, Identifier [Axis]: Debt Investments | Construction & Engineering | Sunland Asphalt & Construction, LLC | First Lien Term Loan | Semiannually LIBOR | Floor Rate 1.00% | Spread 6.00% | Total Coupon 11.15% | Maturity 1/13/2026
Schedule Of Investments [Line Items]
Interest Rate, Floor	[4],[5],[13]			1.00%
Spread	[4],[5],[13]			6.00%
Total Coupon	[4],[5],[13]			11.15%
Maturity	[4],[5],[13]			Jan. 13, 2026
Principal	[4],[5],[13]			$ 2,474,828
Cost	[4],[5],[11],[13]			2,442,580
Fair Value	[4],[5],[12],[13]			2,420,381
Investment, Identifier [Axis]: Debt Investments | Consumer Finance
Schedule Of Investments [Line Items]
Cost		11,380,750	[2],[3],[9],[10]	7,590,711	[4],[5],[11],[13]
Fair Value		$ 11,263,573	[1],[2],[3],[9]	$ 7,527,989	[4],[5],[12],[13]
Investment, Identifier [Axis]: Debt Investments | Consumer Finance | Freedom Financial Network Funding, LLC | First Lien Delayed Draw Term Loan | Semiannually SOFR | Floor Rate 1.00% | Spread 9.00% | Total Coupon 13.95% | Maturity 9/21/2027
Schedule Of Investments [Line Items]
Interest Rate, Floor	[4],[5],[13],[14]			1.00%
Spread	[4],[5],[13],[14]			9.00%
Total Coupon	[4],[5],[13],[14]			13.95%
Maturity	[4],[5],[13],[14]			Sep. 21, 2027
Principal	[4],[5],[13],[14]			$ 0
Cost	[4],[5],[11],[13],[14]			(20,519)
Fair Value	[4],[5],[12],[13],[14]			$ (51,933)
Investment, Identifier [Axis]: Debt Investments | Consumer Finance | Freedom Financial Network Funding, LLC | First Lien Delayed Draw Term Loan | Semiannually SOFR | Floor Rate 1.00% | Spread 9.00% | Total Coupon 14.20% | Maturity 9/21/2027
Schedule Of Investments [Line Items]
Interest Rate, Floor	[2],[3],[9],[15]	1.00%
Spread	[2],[3],[9],[15]	9.00%
Total Coupon	[2],[3],[9],[15]	14.20%
Maturity	[2],[3],[9],[15]	Sep. 21, 2027
Principal	[2],[3],[9],[15]	$ 1,731,112
Cost	[2],[3],[9],[10],[15]	1,691,402
Fair Value	[1],[2],[3],[9],[15]	$ 1,661,867
Investment, Identifier [Axis]: Debt Investments | Consumer Finance | Freedom Financial Network Funding, LLC | First Lien Term Loan | Semiannually SOFR | Floor Rate 1.00% | Spread 9.00% | Total Coupon 13.95% | Maturity 9/21/2027
Schedule Of Investments [Line Items]
Interest Rate, Floor	[4],[5],[13]			1.00%
Spread	[4],[5],[13]			9.00%
Total Coupon	[4],[5],[13]			13.95%
Maturity	[4],[5],[13]			Sep. 21, 2027
Principal	[4],[5],[13]			$ 5,193,335
Cost	[4],[5],[11],[13]			5,068,461
Fair Value	[4],[5],[12],[13]			$ 5,037,535
Investment, Identifier [Axis]: Debt Investments | Consumer Finance | Freedom Financial Network Funding, LLC | First Lien Term Loan | Semiannually SOFR | Floor Rate 1.00% | Spread 9.00% | Total Coupon 14.54% | Maturity 9/21/2027
Schedule Of Investments [Line Items]
Interest Rate, Floor	[2],[3],[9]	1.00%
Spread	[2],[3],[9]	9.00%
Total Coupon	[2],[3],[9]	14.54%
Maturity	[2],[3],[9]	Sep. 21, 2027
Principal	[2],[3],[9]	$ 5,193,335
Cost	[2],[3],[9],[10]	5,076,429
Fair Value	[1],[2],[3],[9]	$ 4,985,601
Investment, Identifier [Axis]: Debt Investments | Consumer Finance | Lucky US BuyerCo LLC (Global Payments) | First Lien Revolver | Quarterly SOFR | Floor Rate 1.00% | Spread 7.50% | Total Coupon 12.39% | Maturity 3/30/2029
Schedule Of Investments [Line Items]
Interest Rate, Floor		1.00%
Spread		7.50%
Total Coupon		12.39%
Maturity		Mar. 30, 2029
Principal
Cost		(8,013)
Fair Value		$ (7,976)
Investment, Identifier [Axis]: Debt Investments | Consumer Finance | Lucky US BuyerCo LLC (Global Payments) | First Lien Term Loan | Quarterly SOFR | Floor Rate 1.00% | Spread 7.50% | Total Coupon 12.39% | Maturity 3/30/2029
Schedule Of Investments [Line Items]
Interest Rate, Floor		1.00%
Spread		7.50%
Total Coupon		12.39%
Maturity		Mar. 30, 2029
Principal		$ 2,170,647
Cost		2,107,127
Fair Value		$ 2,108,350
Investment, Identifier [Axis]: Debt Investments | Consumer Finance | Money Transfer Acquisition Inc. | First Lien Term Loan | Monthly SOFR | Floor Rate 1.00% | Spread 8.25% | Total Coupon 12.67% | Maturity 12/14/2027
Schedule Of Investments [Line Items]
Interest Rate, Floor	[4],[5],[13]			1.00%
Spread	[4],[5],[13]			8.25%
Total Coupon	[4],[5],[13]			12.67%
Maturity	[4],[5],[13]			Dec. 14, 2027
Principal	[4],[5],[13]			$ 2,594,273
Cost	[4],[5],[11],[13]			2,542,769
Fair Value	[4],[5],[12],[13]			2,542,387
Investment, Identifier [Axis]: Debt Investments | Consumer Finance | Money Transfer Acquisition Inc. | First Lien Term Loan | Monthly SOFR | Floor Rate 1.00% | Spread 8.25% | Total Coupon 13.45% | Maturity 12/14/2027
Schedule Of Investments [Line Items]
Interest Rate, Floor	[2],[3],[9]	1.00%
Spread	[2],[3],[9]	8.25%
Total Coupon	[2],[3],[9]	13.45%
Maturity	[2],[3],[9]	Dec. 14, 2027
Principal	[2],[3],[9]	$ 2,561,844
Cost	[2],[3],[9],[10]	2,513,805
Fair Value	[1],[2],[3],[9]	2,515,731
Investment, Identifier [Axis]: Debt Investments | Containers & Packaging
Schedule Of Investments [Line Items]
Cost		13,976,319	[2],[3],[9],[10]	13,765,427	[4],[5],[11],[13]
Fair Value		$ 13,982,403	[1],[2],[3],[9]	$ 13,997,622	[4],[5],[12],[13]
Investment, Identifier [Axis]: Debt Investments | Containers & Packaging | BW Holding, Inc. (Brook & Whittle) | Second Lien Term Loan | Quarterly SOFR | Floor Rate 0.75% | Spread 7.50% | Total Coupon 12.05% | Maturity 12/14/2029
Schedule Of Investments [Line Items]
Interest Rate, Floor	[4],[5],[13]			0.75%
Spread	[4],[5],[13]			7.50%
Total Coupon	[4],[5],[13]			12.05%
Maturity	[4],[5],[13]			Dec. 14, 2029
Principal	[4],[5],[13]			$ 4,559,359
Cost	[4],[5],[11],[13]			4,465,756
Fair Value	[4],[5],[12],[13]			$ 4,226,526
Investment, Identifier [Axis]: Debt Investments | Containers & Packaging | BW Holding, Inc. (Brook & Whittle) | Second Lien Term Loan | Quarterly SOFR | Floor Rate 0.75% | Spread 7.50% | Total Coupon 12.91% | Maturity 12/14/2029
Schedule Of Investments [Line Items]
Interest Rate, Floor	[2],[3],[9]	0.75%
Spread	[2],[3],[9]	7.50%
Total Coupon	[2],[3],[9]	12.91%
Maturity	[2],[3],[9]	Dec. 14, 2029
Principal	[2],[3],[9]	$ 4,559,359
Cost	[2],[3],[9],[10]	4,469,953
Fair Value	[1],[2],[3],[9]	$ 4,021,354
Investment, Identifier [Axis]: Debt Investments | Containers & Packaging | PVHC Holding Corp. | First Lien Term Loan | Quarterly LIBOR | Floor Rate 1.00% | Spread 4.75% | Total Coupon 9.48% | Maturity 8/2/2024
Schedule Of Investments [Line Items]
Interest Rate, Floor	[4],[5],[13]			1.00%
Spread	[4],[5],[13]			4.75%
Total Coupon	[4],[5],[13]			9.48%
Maturity	[4],[5],[13]			Aug. 02, 2024
Principal	[4],[5],[13]			$ 10,178,225
Cost	[4],[5],[11],[13]			9,299,671
Fair Value	[4],[5],[12],[13]			$ 9,771,096
Investment, Identifier [Axis]: Debt Investments | Containers & Packaging | PVHC Holding Corp. | First Lien Term Loan | Quarterly SOFR | Floor Rate 1.00% | Spread 4.75% | Total Coupon 10.14% | Maturity 8/2/2024
Schedule Of Investments [Line Items]
Interest Rate, Floor	[2],[3],[9]	1.00%
Spread	[2],[3],[9]	4.75%
Total Coupon	[2],[3],[9]	10.14%
Maturity	[2],[3],[9]	Aug. 02, 2024
Principal	[2],[3],[9]	$ 10,125,075
Cost	[2],[3],[9],[10]	9,506,366
Fair Value	[1],[2],[3],[9]	$ 9,961,049
Investment, Identifier [Axis]: Debt Investments | Distributors Colony Display LLC | First Lien Term Loan | Semiannaually SOFR | Floor Rate 1.00% | Spread 9.50% | Total Coupon 13.91% | Maturity 6/30/2026
Schedule Of Investments [Line Items]
Interest Rate, Floor	[4],[5],[13]			1.00%
Spread	[4],[5],[13]			9.50%
Total Coupon	[4],[5],[13]			13.91%
Maturity	[4],[5],[13]			Jun. 30, 2026
Principal	[4],[5],[13]			$ 2,357,384
Cost	[4],[5],[11],[13]			2,322,817
Fair Value	[4],[5],[12],[13]			2,185,295
Investment, Identifier [Axis]: Debt Investments | Distributors | Colony Display LLC | First Lien Term Loan | Quarterly SOFR | Floor Rate 1.00% | Spread 6.50% Cash + 3.00% PIK | Total Coupon 15.00% | Maturity 6/30/2026
Schedule Of Investments [Line Items]
Interest Rate, Floor	[2],[3],[9],[17]	1.00%
Interest Rate, PIK		3.00%
Interest Rate, Cash		6.50%
Total Coupon	[2],[3],[9]	15.00%
Maturity	[2],[3],[9]	Jun. 30, 2026
Principal	[2],[3],[9],[17]	$ 2,345,472
Cost	[2],[3],[9],[10]	2,315,776
Fair Value	[1],[2],[3],[9]	2,108,579
Investment, Identifier [Axis]: Debt Investments | Diversified Consumer Services
Schedule Of Investments [Line Items]
Cost		48,822,495	[2],[3],[9],[10]	48,353,473	[4],[5],[11],[13]
Fair Value		$ 45,041,126	[1],[2],[3],[9]	$ 46,025,835	[4],[5],[12],[13]
Investment, Identifier [Axis]: Debt Investments | Diversified Consumer Services | Elevate Brands OpCo LLC | First Lien Delayed Draw Term Loan | Quarterly SOFR | Floor Rate 1.00% | Spread 8.50% | Total Coupon 13.23% | Maturity 3/15/2027
Schedule Of Investments [Line Items]
Interest Rate, Floor	[4],[5],[13],[14]			1.00%
Spread	[4],[5],[13],[14]			8.50%
Total Coupon	[4],[5],[13],[14]			13.23%
Maturity	[4],[5],[13],[14]			Mar. 15, 2027
Principal	[4],[5],[13],[14]			$ 7,900,096
Cost	[4],[5],[11],[13],[14]			7,812,573
Fair Value	[4],[5],[12],[13],[14]			$ 7,830,210
Investment, Identifier [Axis]: Debt Investments | Diversified Consumer Services | Elevate Brands OpCo LLC | First Lien Delayed Draw Term Loan | Quarterly SOFR | Floor Rate 1.00% | Spread 8.50% | Total Coupon 13.70% | Maturity 3/15/2027
Schedule Of Investments [Line Items]
Interest Rate, Floor	[2],[3],[9],[15]	1.00%
Spread	[2],[3],[9],[15]	8.50%
Total Coupon	[2],[3],[9],[15]	13.70%
Maturity	[2],[3],[9],[15]	Mar. 15, 2027
Principal	[2],[3],[9],[15]	$ 7,900,096
Cost	[2],[3],[9],[10],[15]	7,824,017
Fair Value	[1],[2],[3],[9],[15]	$ 7,900,095
Investment, Identifier [Axis]: Debt Investments | Diversified Consumer Services | Fusion Holding Corp. (Finalsite) | First Lien Revolver | Quarterly SOFR | Floor Rate 0.75% | Spread 6.25% | Total Coupon 10.78% | Maturity 9/15/2027
Schedule Of Investments [Line Items]
Interest Rate, Floor	[4],[5],[13],[14]			0.75%
Spread	[4],[5],[13],[14]			6.25%
Total Coupon	[4],[5],[13],[14]			10.78%
Maturity	[4],[5],[13],[14]			Sep. 15, 2027
Principal	[4],[5],[13],[14]			$ 0
Cost	[4],[5],[11],[13],[14]			(5,534)
Fair Value	[4],[5],[12],[13],[14]			$ (5,592)
Investment, Identifier [Axis]: Debt Investments | Diversified Consumer Services | Fusion Holding Corp. (Finalsite) | First Lien Revolver | Quarterly SOFR | Floor Rate 0.75% | Spread 6.25% | Total Coupon 11.55% | Maturity 9/15/2027
Schedule Of Investments [Line Items]
Interest Rate, Floor	[2],[3],[9],[15]	0.75%
Spread	[2],[3],[9],[15]	6.25%
Total Coupon	[2],[3],[9],[15]	11.55%
Maturity	[2],[3],[9],[15]	Sep. 15, 2027
Principal	[2],[3],[9],[15]	$ 0
Cost	[2],[3],[9],[10],[15]	(4,957)
Fair Value	[1],[2],[3],[9],[15]	$ (2,927)
Investment, Identifier [Axis]: Debt Investments | Diversified Consumer Services | Fusion Holding Corp. (Finalsite) | First Lien Term Loan | Quarterly SOFR | Floor Rate 0.75% | Spread 6.25% | Total Coupon 10.78% | Maturity 9/14/2029
Schedule Of Investments [Line Items]
Interest Rate, Floor	[4],[5],[13]			0.75%
Spread	[4],[5],[13]			6.25%
Total Coupon	[4],[5],[13]			10.78%
Maturity	[4],[5],[13]			Sep. 14, 2029
Principal	[4],[5],[13]			$ 3,200,924
Cost	[4],[5],[11],[13]			3,131,854
Fair Value	[4],[5],[12],[13]			$ 3,131,144
Investment, Identifier [Axis]: Debt Investments | Diversified Consumer Services | Fusion Holding Corp. (Finalsite) | First Lien Term Loan | Quarterly/Semiannually SOFR | | Floor Rate 0.75% | Spread 6.25% | Total Coupon 11.55% | Maturity 9/14/2029
Schedule Of Investments [Line Items]
Interest Rate, Floor	[2],[3],[9]	0.75%
Spread	[2],[3],[9]	6.25%
Total Coupon	[2],[3],[9]	11.55%
Maturity	[2],[3],[9]	Sep. 14, 2029
Principal	[2],[3],[9]	$ 3,184,919
Cost	[2],[3],[9],[10]	3,120,127
Fair Value	[1],[2],[3],[9]	$ 3,154,344
Investment, Identifier [Axis]: Debt Investments | Diversified Consumer Services | Razor Group GmbH (Germany) | First Lien Delayed Draw Term Loan | Monthly LIBOR | Floor Rate 1.00% | Spread 9.00% | Total Coupon 14.21% | Maturity 4/30/2025
Schedule Of Investments [Line Items]
Interest Rate, Floor	[4],[5],[13],[14],[18],[19]			1.00%
Spread	[4],[5],[13],[14],[18],[19]			9.00%
Total Coupon	[4],[5],[13],[14],[18],[19]			14.21%
Maturity	[4],[5],[13],[14],[18],[19]			Apr. 30, 2025
Principal	[4],[5],[13],[14],[18],[19]			$ 12,653,058
Cost	[4],[5],[11],[13],[14],[18],[19]			12,727,131
Fair Value	[4],[5],[12],[13],[14],[18],[19]			$ 12,176,370
Investment, Identifier [Axis]: Debt Investments | Diversified Consumer Services | Razor Group GmbH (Germany) | First Lien Delayed Draw Term Loan | Monthly SOFR | Floor Rate 2.00% | Spread 5.00% Cash + 5.00% PIK | Total Coupon 15.32% | Maturity 4/30/2025
Schedule Of Investments [Line Items]
Interest Rate, Floor	[2],[3],[9],[15],[17],[20],[21]	2.00%
Interest Rate, PIK	[2],[3],[9],[15],[17],[20],[21]	5.00%
Interest Rate, Cash	[2],[3],[9],[15],[17],[20],[21]	5.00%
Total Coupon	[2],[3],[9],[15],[17],[20],[21]	15.32%
Maturity	[2],[3],[9],[15],[17],[20],[21]	Apr. 30, 2025
Principal	[2],[3],[9],[15],[17],[20],[21]	$ 13,037,353
Cost	[2],[3],[9],[10],[15],[17],[20],[21]	13,081,652
Fair Value	[1],[2],[3],[9],[15],[17],[20],[21]	$ 12,574,284
Investment, Identifier [Axis]: Debt Investments | Diversified Consumer Services | Razor Group GmbH (Germany) | First Lien Sr Secured Convertible Term Loan | Fixed Spread 3.50% Cash and 3.50% PIK | Total Coupon 7.00% | Maturity 4/30/2025
Schedule Of Investments [Line Items]
Interest Rate, Floor	[4],[5],[13],[18],[19],[22]			0.00%
Interest Rate, PIK	[4],[5],[13],[18],[19],[22]			3.50%
Interest Rate, Cash	[4],[5],[13],[18],[19],[22]			3.50%
Total Coupon	[4],[5],[13],[18],[19],[22]			7.00%
Maturity	[4],[5],[13],[18],[19],[22]			Apr. 30, 2025
Principal	[4],[5],[13],[18],[19],[22]			$ 1,638,321
Cost	[4],[5],[11],[13],[18],[19],[22]			1,638,321
Fair Value	[4],[5],[12],[13],[18],[19],[22]			$ 1,762,833
Investment, Identifier [Axis]: Debt Investments | Diversified Consumer Services | Razor Group GmbH (Germany) | First Lien Sr Secured Convertible Term Loan | Fixed | Spread 3.50% Cash and 3.50% PIK | Total Coupon 7.00% | Maturity 4/30/2025
Schedule Of Investments [Line Items]
Interest Rate, Floor	[2],[3],[9],[17],[20],[21]	0.00%
Interest Rate, PIK	[2],[3],[9],[17],[20],[21]	3.50%
Interest Rate, Cash	[2],[3],[9],[17],[20],[21]	3.50%
Total Coupon	[2],[3],[9],[17],[20],[21]	7.00%
Maturity	[2],[3],[9],[17],[20],[21]	Apr. 30, 2025
Principal	[2],[3],[9],[17],[20],[21]	$ 1,666,962
Cost	[2],[3],[9],[10],[17],[20],[21]	1,666,962
Fair Value	[1],[2],[3],[9],[17],[20],[21]	$ 1,775,314
Investment, Identifier [Axis]: Debt Investments | Diversified Consumer Services | SellerX Germany GmbH & Co. Kg (Germany) | First Lien Delayed Draw Term Loan | Quarterly LIBOR | Floor Rate 1.00% | Spread 8.00% Cash and 3.00% PIK | Total Coupon 15.73% | Maturity 11/23/2025
Schedule Of Investments [Line Items]
Interest Rate, Floor	[4],[5],[13],[14],[18],[19],[22]			1.00%
Interest Rate, PIK	[4],[5],[13],[14],[18],[19],[22]			3.00%
Interest Rate, Cash	[4],[5],[13],[14],[18],[19],[22]			8.00%
Total Coupon	[4],[5],[13],[14],[18],[19],[22]			15.73%
Maturity	[4],[5],[13],[14],[18],[19],[22]			Nov. 23, 2025
Principal	[4],[5],[13],[14],[18],[19],[22]			$ 6,344,642
Cost	[4],[5],[11],[13],[14],[18],[19],[22]			6,280,873
Fair Value	[4],[5],[12],[13],[14],[18],[19],[22]			$ 6,255,561
Investment, Identifier [Axis]: Debt Investments | Diversified Consumer Services | SellerX Germany GmbH & Co. Kg (Germany) | First Lien Delayed Draw Term Loan | Quarterly LIBOR | Floor Rate 1.00% | Spread 8.00% Cash and 3.00% PIK | Total Coupon 16.54% | Maturity 11/23/2025
Schedule Of Investments [Line Items]
Interest Rate, Floor	[2],[3],[9],[15],[17],[20],[21]	1.00%
Interest Rate, PIK	[2],[3],[9],[15],[17],[20],[21]	3.00%
Interest Rate, Cash	[2],[3],[9],[15],[17],[20],[21]	8.00%
Total Coupon	[2],[3],[9],[15],[17],[20],[21]	16.54%
Maturity	[2],[3],[9],[15],[17],[20],[21]	Nov. 23, 2025
Principal	[2],[3],[9],[15],[17],[20],[21]	$ 6,441,234
Cost	[2],[3],[9],[10],[15],[17],[20],[21]	6,398,012
Fair Value	[1],[2],[3],[9],[15],[17],[20],[21]	$ 6,441,235
Investment, Identifier [Axis]: Debt Investments | Diversified Consumer Services | Thras.io, LLC | First Lien Delayed Draw Term Loan | Quarterly SOFR | Floor Rate 1.00% | Spread 7.00% | Total Coupon 12.50% | Maturity 12/18/2026
Schedule Of Investments [Line Items]
Interest Rate, Floor	[2],[3],[9],[23]	1.00%
Spread	[2],[3],[9],[23]	7.00%
Total Coupon	[2],[3],[9],[23]	12.50%
Maturity	[2],[3],[9],[23]	Dec. 18, 2026
Principal	[2],[3],[9],[23]	$ 3,044,985
Cost	[2],[3],[9],[10],[23]	2,995,991
Fair Value	[1],[2],[3],[9],[23]	$ 2,283,740
Investment, Identifier [Axis]: Debt Investments | Diversified Consumer Services | Thras.io, LLC | First Lien Delayed Draw Term Loan | Semiannually LIBOR | Floor Rate 1.00% | Spread 7.00% | Total Coupon 11.17% | Maturity 12/18/2026
Schedule Of Investments [Line Items]
Interest Rate, Floor	[4],[5],[13],[14],[24]			1.00%
Spread	[4],[5],[13],[14],[24]			7.00%
Total Coupon	[4],[5],[13],[14],[24]			11.17%
Maturity	[4],[5],[13],[14],[24]			Dec. 18, 2026
Principal	[4],[5],[13],[14],[24]			$ 3,060,601
Cost	[4],[5],[11],[13],[14],[24]			2,995,971
Fair Value	[4],[5],[12],[13],[14],[24]			$ 2,373,093
Investment, Identifier [Axis]: Debt Investments | Diversified Consumer Services | Thras.io, LLC | First Lien Term Loan | Quarterly SOFR | Floor Rate 1.00% | Spread 7.00% | Total Coupon 12.50% | Maturity 12/18/2026
Schedule Of Investments [Line Items]
Interest Rate, Floor	[2],[3],[9],[23]	1.00%
Spread	[2],[3],[9],[23]	7.00%
Total Coupon	[2],[3],[9],[23]	12.50%
Maturity	[2],[3],[9],[23]	Dec. 18, 2026
Principal	[2],[3],[9],[23]	$ 7,264,615
Cost	[2],[3],[9],[10],[23]	7,181,077
Fair Value	[1],[2],[3],[9],[23]	$ 5,448,463
Investment, Identifier [Axis]: Debt Investments | Diversified Consumer Services | Thras.io, LLC | First Lien Term Loan | Semiannually LIBOR | Floor Rate 1.00% | Spread 7.00% | Total Coupon 11.17% | Maturity 12/18/2026
Schedule Of Investments [Line Items]
Interest Rate, Floor	[4],[5],[13],[24]			1.00%
Spread	[4],[5],[13],[24]			7.00%
Total Coupon	[4],[5],[13],[24]			11.17%
Maturity	[4],[5],[13],[24]			Dec. 18, 2026
Principal	[4],[5],[13],[24]			$ 7,301,869
Cost	[4],[5],[11],[13],[24]			7,207,747
Fair Value	[4],[5],[12],[13],[24]			$ 6,434,771
Investment, Identifier [Axis]: Debt Investments | Diversified Consumer Services | Whele LLC (Perch) | First Lien Incremental Term Loan | Monthly SOFR | Floor Rate 1.00% | Spread 8.50% Cash + 3.00% PIK | Total Coupon 16.20% | Maturity 10/15/2025
Schedule Of Investments [Line Items]
Interest Rate, Floor	[4],[5],[13],[22]			1.00%
Interest Rate, PIK	[4],[5],[13],[22]			3.00%
Interest Rate, Cash	[4],[5],[13],[22]			8.50%
Total Coupon	[4],[5],[13],[22]			16.20%
Maturity	[4],[5],[13],[22]			Oct. 15, 2025
Principal	[4],[5],[13],[22]			$ 6,531,157
Cost	[4],[5],[11],[13],[22]			6,564,537
Fair Value	[4],[5],[12],[13],[22]			6,067,445
Investment, Identifier [Axis]: Debt Investments | Diversified Consumer Services | Whele LLC (Perch) | First Lien Incremental Term Loan | Monthly SOFR | Floor Rate 1.00% | Spread 8.50% Cash + 3.00% PIK | Total Coupon 16.82% | Maturity 10/15/2025
Schedule Of Investments [Line Items]
Interest Rate, Floor	[2],[3],[9],[17]	1.00%
Interest Rate, PIK	[2],[3],[9],[17]	3.00%
Interest Rate, Cash	[2],[3],[9],[17]	8.50%
Total Coupon	[2],[3],[9],[17]	16.82%
Maturity	[2],[3],[9],[17]	Oct. 15, 2025
Principal	[2],[3],[9],[17]	$ 6,531,157
Cost	[2],[3],[9],[10],[17]	6,559,614
Fair Value	[1],[2],[3],[9],[17]	5,466,578
Investment, Identifier [Axis]: Debt Investments | Diversified Financial Services
Schedule Of Investments [Line Items]
Cost		110,035,795	[2],[3],[9],[10]	105,845,201	[4],[5],[11]
Fair Value		$ 87,286,625	[1],[2],[3],[9]	$ 82,648,607	[4],[5],[12]
Investment, Identifier [Axis]: Debt Investments | Diversified Financial Services | 2-10 Holdco, Inc. | First Lien Revolver | SOFR (M) | Floor Rate 0.75% | Spread 6.00% | Total Coupon 10.42% | Maturity 3/26/2026
Schedule Of Investments [Line Items]
Interest Rate, Floor	[4],[5],[14]			0.75%
Spread	[4],[5],[14]			6.00%
Total Coupon	[4],[5],[14]			10.42%
Maturity	[4],[5],[14]			Mar. 26, 2026
Principal	[4],[5],[14]			$ 0
Cost	[4],[5],[11],[14]			(3,117)
Fair Value	[4],[5],[12],[14]			$ (3,171)
Investment, Identifier [Axis]: Debt Investments | Diversified Financial Services | 2-10 Holdco, Inc. | First Lien Revolver | SOFR(M) | Floor Rate 0.75% | Spread 6.00% | Total Coupon 11.20% | Maturity 3/26/2026
Schedule Of Investments [Line Items]
Interest Rate, Floor	[2],[3],[9],[15]	0.75%
Spread	[2],[3],[9],[15]	6.00%
Total Coupon	[2],[3],[9],[15]	11.20%
Maturity	[2],[3],[9],[15]	Mar. 26, 2026
Principal	[2],[3],[9],[15]	$ 0
Cost	[2],[3],[9],[10],[15]	(2,640)
Fair Value	[1],[2],[3],[9],[15]	$ (4,397)
Investment, Identifier [Axis]: Debt Investments | Diversified Financial Services | 2-10 Holdco, Inc. | First Lien Term Loan | Monthly SOFR | Floor Rate 0.75% | Spread 6.00% | Total Coupon 10.42% | Maturity 3/26/2026
Schedule Of Investments [Line Items]
Interest Rate, Floor	[4],[5]			0.75%
Spread	[4],[5]			6.00%
Total Coupon	[4],[5]			10.42%
Maturity	[4],[5]			Mar. 26, 2026
Principal	[4],[5]			$ 6,538,915
Cost	[4],[5],[11]			6,451,642
Fair Value	[4],[5],[12]			$ 6,452,601
Investment, Identifier [Axis]: Debt Investments | Diversified Financial Services | 2-10 Holdco, Inc. | First Lien Term Loan | SOFR(M) | Floor Rate 0.75% | Spread 6.00% | Total Coupon 11.20% | Maturity 3/26/2026
Schedule Of Investments [Line Items]
Interest Rate, Floor	[2],[3],[9]	0.75%
Spread	[2],[3],[9]	6.00%
Total Coupon	[2],[3],[9]	11.20%
Maturity	[2],[3],[9]	Mar. 26, 2026
Principal	[2],[3],[9]	$ 6,438,127
Cost	[2],[3],[9],[10]	6,367,528
Fair Value	[1],[2],[3],[9]	$ 6,320,309
Investment, Identifier [Axis]: Debt Investments | Diversified Financial Services | Accordion Partners LLC | First Lien Delayed Draw Term Loan A | Quarterly SOFR | Floor Rate 0.75% | Spread 6.50% | Total Coupon 11.08% | Maturity 8/29/2029
Schedule Of Investments [Line Items]
Interest Rate, Floor	[4],[5],[14]			0.75%
Spread	[4],[5],[14]			6.50%
Total Coupon	[4],[5],[14]			11.08%
Maturity	[4],[5],[14]			Aug. 29, 2029
Principal	[4],[5],[14]			$ 0
Cost	[4],[5],[11],[14]			1,316
Fair Value	[4],[5],[12],[14]			$ (7,017)
Investment, Identifier [Axis]: Debt Investments | Diversified Financial Services | Accordion Partners LLC | First Lien Delayed Draw Term Loan A | SOFR (Q)| Floor Rate 0.75% | Spread 6.50% | Total Coupon 11.74% | Maturity 8/29/2029
Schedule Of Investments [Line Items]
Interest Rate, Floor	[2],[3],[9]	0.75%
Spread	[2],[3],[9]	6.50%
Total Coupon	[2],[3],[9]	11.74%
Maturity	[2],[3],[9]	Aug. 29, 2029
Principal	[2],[3],[9]	$ 467,786
Cost	[2],[3],[9],[10]	463,936
Fair Value	[1],[2],[3],[9]	$ 466,383
Investment, Identifier [Axis]: Debt Investments | Diversified Financial Services | Accordion Partners LLC | First Lien Delayed Draw Term Loan B | Quarterly SOFR | Floor Rate 0.75% | Spread 6.25% | Total Coupon 10.83% | Maturity 8/29/2029
Schedule Of Investments [Line Items]
Interest Rate, Floor	[4],[5],[14]			0.75%
Spread	[4],[5],[14]			6.25%
Total Coupon	[4],[5],[14]			10.83%
Maturity	[4],[5],[14]			Aug. 29, 2029
Principal	[4],[5],[14]			$ 0
Cost	[4],[5],[11],[14]			(12,562)
Fair Value	[4],[5],[12],[14]			$ (15,203)
Investment, Identifier [Axis]: Debt Investments | Diversified Financial Services | Accordion Partners LLC | First Lien Delayed Draw Term Loan B | SOFR(Q) | Floor Rate 0.75% | Spread 6.25% | Total Coupon 11.29% | Maturity 8/29/2029
Schedule Of Investments [Line Items]
Interest Rate, Floor	[2],[3],[9],[15]	0.75%
Spread	[2],[3],[9],[15]	6.25%
Total Coupon	[2],[3],[9],[15]	11.29%
Maturity	[2],[3],[9],[15]	Aug. 29, 2029
Principal	[2],[3],[9],[15]	$ 584,733
Cost	[2],[3],[9],[10],[15]	566,453
Fair Value	[1],[2],[3],[9],[15]	$ 576,546
Investment, Identifier [Axis]: Debt Investments | Diversified Financial Services | Accordion Partners LLC | First Lien Revolver | Floor Rate 0.75% | Spread 6.25% |Total Coupon 10.83% | Maturity 8/29/2029
Schedule Of Investments [Line Items]
Interest Rate, Floor	[4],[5],[14]			0.75%
Spread	[4],[5],[14]			6.25%
Total Coupon	[4],[5],[14]			10.83%
Maturity	[4],[5],[14]			Aug. 31, 2028
Principal	[4],[5],[14]			$ 0
Cost	[4],[5],[11],[14]			(9,941)
Fair Value	[4],[5],[12],[14]			$ (12,162)
Investment, Identifier [Axis]: Debt Investments | Diversified Financial Services | Accordion Partners LLC | First Lien Revolver | Quaterly SOFR | Floor Rate 0.75% | Spread 6.25% | Total Coupon 11.49% | Maturity 8/31/2028
Schedule Of Investments [Line Items]
Interest Rate, Floor	[2],[3],[9],[15]	0.75%
Spread	[2],[3],[9],[15]	6.25%
Total Coupon	[2],[3],[9],[15]	11.49%
Maturity	[2],[3],[9],[15]	Aug. 31, 2028
Principal	[2],[3],[9],[15]	$ 0
Cost	[2],[3],[9],[10],[15]	(9,115)
Fair Value	[1],[2],[3],[9],[15]	$ (6,549)
Investment, Identifier [Axis]: Debt Investments | Diversified Financial Services | Accordion Partners LLC | First Lien Term Loan | Quarterly SOFR | Floor Rate 0.75% | Spread 6.25% | Total Coupon 10.83% | Maturity 8/29/2029
Schedule Of Investments [Line Items]
Interest Rate, Floor	[4],[5]			0.75%
Spread	[4],[5]			6.25%
Total Coupon	[4],[5]			10.83%
Maturity	[4],[5]			Aug. 29, 2029
Principal	[4],[5]			$ 5,356,151
Cost	[4],[5],[11]			5,240,066
Fair Value	[4],[5],[12]			$ 5,216,891
Investment, Identifier [Axis]: Debt Investments | Diversified Financial Services | Accordion Partners LLC | First Lien Term Loan | SOFR(Q) | Floor Rate 0.75% | Spread 6.25% | Total Coupon 11.49% | Maturity 8/29/2029
Schedule Of Investments [Line Items]
Interest Rate, Floor	[2],[3],[9]	0.75%
Spread	[2],[3],[9]	6.25%
Total Coupon	[2],[3],[9]	11.49%
Maturity	[2],[3],[9]	Aug. 29, 2029
Principal	[2],[3],[9]	$ 5,329,370
Cost	[2],[3],[9],[10]	5,221,524
Fair Value	[1],[2],[3],[9]	$ 5,254,759
Investment, Identifier [Axis]: Debt Investments | Diversified Financial Services | Callodine Commercial Finance, LLC | First Lien Term Loan | Quarterly LIBOR | Floor Rate 1.00% | Spread 9.00% | Total Coupon 13.73% | Maturity 11/3/2025
Schedule Of Investments [Line Items]
Interest Rate, Floor	[4],[5]			1.00%
Spread	[4],[5]			9.00%
Total Coupon	[4],[5]			13.73%
Maturity	[4],[5]			Nov. 03, 2025
Principal	[4],[5]			$ 25,000,000
Cost	[4],[5],[11]			25,000,000
Fair Value	[4],[5],[12]			$ 24,775,000
Investment, Identifier [Axis]: Debt Investments | Diversified Financial Services | Callodine Commercial Finance, LLC | First Lien Term Loan | SOFR(Q) | Floor Rate 1.00% | Spread 9.00% | Total Coupon 14.50% | Maturity 11/3/2025
Schedule Of Investments [Line Items]
Interest Rate, Floor	[2],[3],[9]	1.00%
Spread	[2],[3],[9]	9.00%
Total Coupon	[2],[3],[9]	14.50%
Maturity	[2],[3],[9]	Nov. 03, 2025
Principal	[2],[3],[9]	$ 25,000,000
Cost	[2],[3],[9],[10]	25,000,000
Fair Value	[1],[2],[3],[9]	$ 24,850,000
Investment, Identifier [Axis]: Debt Investments | Diversified Financial Services | Callodine Commercial Finance, LLC | Subordinated Debt | Monthly SOFR | Floor Rate 0.25% | Spread 8.50% | Total Coupon 13.14% | Maturity 10/8/2027
Schedule Of Investments [Line Items]
Interest Rate, Floor	[4],[5],[25]			0.25%
Spread	[4],[5],[25]			8.50%
Total Coupon	[4],[5],[25]			13.14%
Maturity	[4],[5],[25]			Oct. 08, 2027
Principal	[4],[5],[25]			$ 5,000,000
Cost	[4],[5],[11],[25]			5,000,000
Fair Value	[4],[5],[12],[25]			$ 4,930,000
Investment, Identifier [Axis]: Debt Investments | Diversified Financial Services | Callodine Commercial Finance, LLC | Subordinated Debt | SOFR(M) | Floor Rate 0.25% | Spread 8.50% | Total Coupon 13.90% | Maturity 10/8/2027
Schedule Of Investments [Line Items]
Interest Rate, Floor	[2],[3],[9],[26]	0.25%
Spread	[2],[3],[9],[26]	8.50%
Total Coupon	[2],[3],[9],[26]	13.90%
Maturity	[2],[3],[9],[26]	Oct. 08, 2027
Principal	[2],[3],[9],[26]	$ 5,000,000
Cost	[2],[3],[9],[10],[26]	5,000,000
Fair Value	[1],[2],[3],[9],[26]	$ 4,955,000
Investment, Identifier [Axis]: Debt Investments | Diversified Financial Services | GC Champion Acquisition LLC (Numerix) | First Lien Delayed Draw Term Loan | SOFR(S) | Floor Rate 1.00% | Spread 6.75% | Total Coupon 11.78% | Maturity 8/21/2028
Schedule Of Investments [Line Items]
Interest Rate, Floor	[2],[3],[9],[15]	1.00%
Spread	[2],[3],[9],[15]	6.75%
Total Coupon	[2],[3],[9],[15]	11.78%
Maturity	[2],[3],[9],[15]	Aug. 21, 2028
Principal	[2],[3],[9],[15]	$ 1,978,510
Cost	[2],[3],[9],[10],[15]	1,942,991
Fair Value	[1],[2],[3],[9],[15]	$ 1,945,865
Investment, Identifier [Axis]: Debt Investments | Diversified Financial Services | GC Champion Acquisition LLC (Numerix) | First Lien Delayed Draw Term Loan | SOFR(S) | Floor Rate 1.00% | Spread 6.75% |Total Coupon 11.15% | Maturity 8/21/2028
Schedule Of Investments [Line Items]
Interest Rate, Floor	[4],[5],[14]			1.00%
Spread	[4],[5],[14]			6.75%
Total Coupon	[4],[5],[14]			11.15%
Maturity	[4],[5],[14]			Aug. 21, 2028
Principal	[4],[5]			$ 0
Cost	[4],[5],[11],[14]			(18,625)
Fair Value	[4],[5],[12],[14]			$ (57,773)
Investment, Identifier [Axis]: Debt Investments | Diversified Financial Services | GC Champion Acquisition LLC (Numerix) | First Lien Term Loan | SOFR(S) | Floor Rate 1.00% | Spread 6.75% | Total Coupon 11.15% | Maturity 8/21/2028
Schedule Of Investments [Line Items]
Interest Rate, Floor	[4],[5]			1.00%
Spread	[4],[5]			6.75%
Total Coupon	[4],[5]			11.15%
Maturity	[4],[5]			Aug. 21, 2028
Principal	[4],[5]			$ 7,104,830
Cost	[4],[5],[11]			6,969,338
Fair Value	[4],[5],[12]			$ 6,897,369
Investment, Identifier [Axis]: Debt Investments | Diversified Financial Services | GC Champion Acquisition LLC (Numerix) | First Lien Term Loan | SOFR(S) | Floor Rate 1.00% | Spread 6.75% | Total Coupon 11.78% | Maturity 8/21/2028
Schedule Of Investments [Line Items]
Interest Rate, Floor	[2],[3],[9]	1.00%
Spread	[2],[3],[9]	6.75%
Total Coupon	[2],[3],[9]	11.78%
Maturity	[2],[3],[9]	Aug. 21, 2028
Principal	[2],[3],[9]	$ 7,122,636
Cost	[2],[3],[9],[10]	7,002,230
Fair Value	[1],[2],[3],[9]	$ 7,005,113
Investment, Identifier [Axis]: Debt Investments | Diversified Financial Services | Gordon Brothers Finance Company | Unsecured Debt | LIBOR (M) | Floor Rate 1.00% | Spread 11.00% | Total Coupon 18.19% | Maturity 10/31/2021
Schedule Of Investments [Line Items]
Interest Rate, Floor	[2],[3],[9],[27],[28],[29]	1.00%
Spread	[2],[3],[9],[27],[28],[29]	11.00%
Total Coupon	[2],[3],[9],[27],[28],[29]	18.19%
Maturity	[2],[3],[9],[27],[28],[29]	Oct. 31, 2021
Principal	[2],[3],[9],[27],[28],[29]	$ 37,183,232
Cost	[2],[3],[9],[10],[27],[28],[29]	37,183,232
Fair Value	[1],[2],[3],[9],[27],[28],[29]	$ 14,999,000
Investment, Identifier [Axis]: Debt Investments | Diversified Financial Services | Gordon Brothers Finance Company | Unsecured Debt | LIBOR(M) | Floor Rate 1.00% | Spread 11.00% | Total Coupon 17.38% | Maturity 10/31/2021
Schedule Of Investments [Line Items]
Interest Rate, Floor	[4],[5],[30],[31],[32]			1.00%
Spread	[4],[5],[30],[31],[32]			11.00%
Total Coupon	[4],[5],[30],[31],[32]			17.38%
Maturity	[4],[5],[30],[31],[32]			Oct. 31, 2021
Principal	[4],[5],[30],[31],[32]			$ 37,686,148
Cost	[4],[5],[11],[30],[31],[32]			37,686,148
Fair Value	[4],[5],[12],[30],[31],[32]			$ 15,228,000
Investment, Identifier [Axis]: Debt Investments | Diversified Financial Services | Libra Solutions Intermediate Holdco, LLC et al (fka Oasis Financial, LLC) | Second Lien Term Loan | SOFR(M) | Floor Rate 1.00% | Spread 18.50% | Total Coupon 12.93% | Maturity 7/5/2026
Schedule Of Investments [Line Items]
Interest Rate, Floor	[4],[5]			1.00%
Spread	[4],[5]			8.50%
Total Coupon	[4],[5]			12.93%
Maturity	[4],[5]			Jul. 05, 2026
Principal	[4],[5]			$ 5,000,000
Cost	[4],[5],[11]			4,929,099
Fair Value	[4],[5],[12]			$ 4,870,000
Investment, Identifier [Axis]: Debt Investments | Diversified Financial Services | Libra Solutions Intermediate Holdco, LLC et al (fka Oasis Financial, LLC) | Second Lien Term Loan | SOFR(M) | Floor Rate 1.00% | Spread 8.50% | Total Coupon 13.71% | Maturity 7/5/2026
Schedule Of Investments [Line Items]
Interest Rate, Floor	[2],[3],[9]	1.00%
Spread	[2],[3],[9]	8.50%
Total Coupon	[2],[3],[9]	13.71%
Maturity	[2],[3],[9]	Jul. 05, 2026
Principal	[2],[3],[9]	$ 5,000,000
Cost	[2],[3],[9],[10]	4,939,026
Fair Value	[1],[2],[3],[9]	$ 4,890,000
Investment, Identifier [Axis]: Debt Investments | Diversified Financial Services | Wealth Enhancement Group, LLC | First Lien Delayed Draw Term Loan | SOFR(Q)/(S) | Floor Rate 1.00% | Spread 6.25% | Total Coupon 11.09% | Maturity 10/4/2027
Schedule Of Investments [Line Items]
Interest Rate, Floor	[2],[3],[9],[15]	1.00%
Spread	[2],[3],[9],[15]	6.25%
Total Coupon	[2],[3],[9],[15]	11.09%
Maturity	[2],[3],[9],[15]	Oct. 04, 2027
Principal	[2],[3],[9],[15]	$ 5,186,938
Cost	[2],[3],[9],[10],[15]	5,166,802
Fair Value	[1],[2],[3],[9],[15]	$ 5,026,273
Investment, Identifier [Axis]: Debt Investments | Diversified Financial Services | Wealth Enhancement Group, LLC | First Lien Delayed Draw Term Loan | SOFR(S) | Floor Rate 1.00% | Spread 6.00% | Total Coupon 10.44% | Maturity 10/4/2027
Schedule Of Investments [Line Items]
Interest Rate, Floor	[4],[5],[14]			1.00%
Spread	[4],[5],[14]			6.00%
Total Coupon	[4],[5],[14]			10.44%
Maturity	[4],[5],[14]			Oct. 04, 2027
Principal	[4],[5],[14]			$ 3,475,919
Cost	[4],[5],[11],[14]			3,453,599
Fair Value	[4],[5],[12],[14]			$ 3,298,870
Investment, Identifier [Axis]: Debt Investments | Diversified Financial Services | Wealth Enhancement Group, LLC | First Lien Revolver | SOFR(S) | Floor Rate 1.00% | Spread 6.00% | Total Coupon 10.44% | Maturity 10/4/2027
Schedule Of Investments [Line Items]
Interest Rate, Floor	[4],[5],[14]			1.00%
Spread	[4],[5],[14]			6.00%
Total Coupon	[4],[5],[14]			10.44%
Maturity	[4],[5],[14]			Oct. 04, 2027
Principal	[4],[5]			$ 0
Cost	[4],[5],[11],[14]			(1,849)
Fair Value	[4],[5],[12],[14]			$ (10,098)
Investment, Identifier [Axis]: Debt Investments | Diversified Financial Services | Wealth Enhancement Group, LLC | First Lien Revolver | SOFR(S) | Floor Rate 1.00% | Spread 6.25% | Total Coupon 11.09% | Maturity 10/4/2027
Schedule Of Investments [Line Items]
Interest Rate, Floor	[2],[3],[9],[15]	1.00%
Spread	[2],[3],[9],[15]	6.25%
Total Coupon	[2],[3],[9],[15]	11.09%
Maturity	[2],[3],[9],[15]	Oct. 04, 2027
Principal	[2],[3],[9],[15]	$ 0
Cost	[2],[3],[9],[10],[15]	(1,655)
Fair Value	[1],[2],[3],[9],[15]	$ (9,177)
Investment, Identifier [Axis]: Debt Investments | Diversified Financial Services | Worldremit Group Limited (United Kingdom) | First Lien Term Loan (3.0% Exit Fee) | LIBOR(Q) | Floor Rate 1.00% | Spread 9.25% | Total Coupon 13.91% | Maturity 2/11/2025
Schedule Of Investments [Line Items]
Interest Rate, Floor	[4],[5],[18],[19]			1.00%
Spread	[4],[5],[18],[19]			9.25%
Total Coupon	[4],[5],[18],[19]			13.91%
Maturity	[4],[5],[18],[19]			Feb. 11, 2025
Principal	[4],[5],[18],[19]			$ 11,300,000
Cost	[4],[5],[11],[18],[19]			11,160,087
Fair Value	[4],[5],[12],[18],[19]			$ 11,085,300
Investment, Identifier [Axis]: Debt Investments | Diversified Financial Services | Worldremit Group Limited (United Kingdom) | First Lien Term Loan (3.0% Exit Fee) | SOFR(Q)/(M) | Floor Rate 1.00% | Spread 9.25% | Total Coupon 14.65% | Maturity 2/11/2025
Schedule Of Investments [Line Items]
Interest Rate, Floor	[2],[3],[9],[20],[21]	1.00%
Spread	[2],[3],[9],[20],[21]	9.25%
Total Coupon	[2],[3],[9],[20],[21]	14.65%
Maturity	[2],[3],[9],[20],[21]	Feb. 11, 2025
Principal	[2],[3],[9],[20],[21]	$ 11,300,000
Cost	[2],[3],[9],[10],[20],[21]	11,195,483
Fair Value	[1],[2],[3],[9],[20],[21]	11,017,500
Investment, Identifier [Axis]: Debt Investments | Electrical Equipment | Advanced Lighting Technologies, LLC | Second Lien Sr Secured Notes | LIBOR(M) | Floor Rate 2.00% | Spread 16.00% PIK + 6.00% Cash | Total Coupon 28.33% | Maturity 3/16/2027
Schedule Of Investments [Line Items]
Interest Rate, Floor	[4],[5],[22],[30],[31],[33]			2.00%
Interest Rate, PIK	[4],[5],[22],[30],[31],[33]			16.00%
Interest Rate, Cash	[4],[5],[22],[30],[31],[33]			6.00%
Total Coupon	[4],[5],[22],[30],[31],[33]			28.33%
Maturity	[4],[5],[22],[30],[31],[33]			Mar. 16, 2027
Principal	[4],[5],[22],[30],[31],[33]			$ 2,362,743
Cost	[4],[5],[11],[22],[30],[31],[33]			935,927
Fair Value	[4],[5],[12],[22],[30],[31],[33]			$ 708,823
Investment, Identifier [Axis]: Debt Investments | Health Care Equipment & Supplies | Zest Acquisition Corp. | Second Lien Term Loan | LIBOR(M) | Floor Rate 1.00% | Spread 7.00% | Total Coupon 11.39% | Maturity 3/14/2026
Schedule Of Investments [Line Items]
Interest Rate, Floor	[4],[5],[24]			1.00%
Spread	[4],[5],[24]			7.00%
Total Coupon	[4],[5],[24]			11.39%
Maturity	[4],[5],[24]			Mar. 14, 2026
Principal	[4],[5],[24]			$ 15,000,000
Cost	[4],[5],[11],[24]			14,930,552
Fair Value	[4],[5],[12],[24]			14,025,000
Investment, Identifier [Axis]: Debt Investments | Health Care Providers & Services
Schedule Of Investments [Line Items]
Cost		22,403,080	[2],[3],[9],[10]	22,366,911	[4],[5],[11]
Fair Value		$ 21,450,215	[1],[2],[3],[9]	$ 21,097,447	[4],[5],[12]
Investment, Identifier [Axis]: Debt Investments | Health Care Providers & Services | INH Buyer, Inc. (IMS Health) | First Lien Term Loan (1.5% Exit Fee) | SOFR(Q) | Floor Rate 1.00% | Spread 3.50% Cash + 3.50% PIK | Total Coupon 11.68% | Maturity 6/28/2028
Schedule Of Investments [Line Items]
Interest Rate, Floor	[4],[5],[22]			1.00%
Interest Rate, PIK	[4],[5],[22]			3.50%
Interest Rate, Cash	[4],[5],[22]			3.50%
Total Coupon	[4],[5],[22]			11.68%
Maturity	[4],[5],[22]			Jun. 28, 2028
Principal	[4],[5],[22]			$ 2,703,036
Cost	[4],[5],[11],[22]			2,657,008
Fair Value	[4],[5],[12],[22]			$ 2,121,343
Investment, Identifier [Axis]: Debt Investments | Health Care Providers & Services | INH Buyer, Inc. (IMS Health) | First Lien Term Loan (1.5% Exit Fee) | SOFR(Q) | Floor Rate 1.00% | Spread 3.50% Cash + 3.50% PIK | Total Coupon 12.34% | Maturity 6/28/2028
Schedule Of Investments [Line Items]
Interest Rate, Floor	[2],[3],[9],[17]	1.00%
Interest Rate, PIK	[2],[3],[9],[17]	3.50%
Interest Rate, Cash	[2],[3],[9],[17]	3.50%
Total Coupon	[2],[3],[9],[17]	12.34%
Maturity	[2],[3],[9],[17]	Jun. 28, 2028
Principal	[2],[3],[9],[17]	$ 2,737,517
Cost	[2],[3],[9],[10],[17]	2,693,030
Fair Value	[1],[2],[3],[9],[17]	$ 2,258,451
Investment, Identifier [Axis]: Debt Investments | Health Care Providers & Services | Opco Borrower, LLC (Giving Home Health Care) | First Lien Revolver | (Q)SOFR | Floor Rate 1.00% | Spread 6.50% | Total Coupon 11.84% | Maturity 8/19/2027
Schedule Of Investments [Line Items]
Interest Rate, Floor	[2],[3],[9],[15]	1.00%
Spread	[2],[3],[9],[15]	6.50%
Total Coupon	[2],[3],[9],[15]	11.84%
Maturity	[2],[3],[9],[15]	Aug. 19, 2027
Principal	[2],[3],[9],[15]	$ 0
Cost	[2],[3],[9],[10],[15]	(260)
Fair Value	[1],[2],[3],[9],[15]	$ (25)
Investment, Identifier [Axis]: Debt Investments | Health Care Providers & Services | Opco Borrower, LLC (Giving Home Health Care) | First Lien Revolver | SOFR(M) | Floor Rate 1.00% | Spread 6.50% | Total Coupon 10.87% | Maturity 8/19/2027
Schedule Of Investments [Line Items]
Interest Rate, Floor	[4],[5],[14]			1.00%
Spread	[4],[5],[14]			6.50%
Total Coupon	[4],[5],[14]			10.87%
Maturity	[4],[5],[14]			Aug. 19, 2027
Principal	[4],[5],[14]			$ 6,250
Cost	[4],[5],[11],[14]			5,958
Fair Value	[4],[5],[12],[14]			$ 5,706
Investment, Identifier [Axis]: Debt Investments | Health Care Providers & Services | Opco Borrower, LLC (Giving Home Health Care) | First Lien Term Loan | SOFR(Q) | Floor Rate 1.00% | Spread 6.50% | Total Coupon 11.18% | Maturity 8/19/2027
Schedule Of Investments [Line Items]
Interest Rate, Floor	[4],[5]			1.00%
Spread	[4],[5]			6.50%
Total Coupon	[4],[5]			11.18%
Maturity	[4],[5]			Aug. 19, 2027
Principal	[4],[5]			$ 341,602
Cost	[4],[5],[11]			338,323
Fair Value	[4],[5],[12]			$ 335,658
Investment, Identifier [Axis]: Debt Investments | Health Care Providers & Services | Opco Borrower, LLC (Giving Home Health Care) | First Lien Term Loan | SOFR(Q) | Floor Rate 1.00% | Spread 6.50% | Total Coupon 11.84% | Maturity 8/19/2027
Schedule Of Investments [Line Items]
Interest Rate, Floor	[2],[3],[9]	1.00%
Spread	[2],[3],[9]	6.50%
Total Coupon	[2],[3],[9]	11.84%
Maturity	[2],[3],[9]	Aug. 19, 2027
Principal	[2],[3],[9]	$ 337,305
Cost	[2],[3],[9],[10]	334,450
Fair Value	[1],[2],[3],[9]	$ 337,035
Investment, Identifier [Axis]: Debt Investments | Health Care Providers & Services | Outcomes Group Holdings, Inc. | Second Lien Term Loan | LIBOR(M) | Spread 7.50% | Total Coupon 12.69% | Maturity 10/26/2026
Schedule Of Investments [Line Items]
Interest Rate, Floor	[2],[3],[9],[23]	0.00%
Spread	[2],[3],[9],[23]	7.50%
Total Coupon	[2],[3],[9],[23]	12.69%
Maturity	[2],[3],[9],[23]	Oct. 26, 2026
Principal	[2],[3],[9],[23]	$ 5,769,231
Cost	[2],[3],[9],[10],[23]	5,764,494
Fair Value	[1],[2],[3],[9],[23]	$ 5,653,846
Investment, Identifier [Axis]: Debt Investments | Health Care Providers & Services | Outcomes Group Holdings, Inc. | Second Lien Term Loan | LIBOR(Q) | Spread 7.50% | Total Coupon 12.23% | Maturity 10/26/2026
Schedule Of Investments [Line Items]
Interest Rate, Floor	[4],[5]			0.00%
Spread	[4],[5]			7.50%
Total Coupon	[4],[5]			12.23%
Maturity	[4],[5]			Oct. 26, 2026
Principal	[4],[5]			$ 5,769,231
Cost	[4],[5],[11]			5,762,481
Fair Value	[4],[5],[12]			$ 5,480,769
Investment, Identifier [Axis]: Debt Investments | Health Care Providers & Services | Outcomes Group Holdings, Inc. | Second Lien Term Loan | SOFR(M) | Floor rate 0.50% | Spread 7.50% | Total Coupon 12.70% | Maturity 10/26/2026
Schedule Of Investments [Line Items]
Interest Rate, Floor	[2],[3],[9]	0.50%
Spread	[2],[3],[9]	7.50%
Total Coupon	[2],[3],[9]	12.70%
Maturity	[2],[3],[9]	Oct. 26, 2026
Principal	[2],[3],[9]	$ 3,538,462
Cost	[2],[3],[9],[10]	3,497,961
Fair Value	[1],[2],[3],[9]	$ 3,432,308
Investment, Identifier [Axis]: Debt Investments | Health Care Providers & Services | Outcomes Group Holdings, Inc. | Second Lien Term Loan | SOFR(Q) | Floor rate 0.50% | Spread 7.50% | Total Coupon 12.05% | Maturity 10/26/2026
Schedule Of Investments [Line Items]
Interest Rate, Floor	[4],[5]			0.50%
Spread	[4],[5]			7.50%
Total Coupon	[4],[5]			12.05%
Maturity	[4],[5]			Oct. 26, 2026
Principal	[4],[5]			$ 3,538,462
Cost	[4],[5],[11]			3,491,614
Fair Value	[4],[5],[12]			$ 3,361,538
Investment, Identifier [Axis]: Debt Investments | Health Care Providers & Services | PHC Buyer, LLC (Patriot Home Care) | First Lien Delayed Draw Term Loan | SOFR (Q) | Floor rate 0.75% | Spread 6.00% | Total Coupon 11.26% | Maturity 5/4/2028
Schedule Of Investments [Line Items]
Interest Rate, Floor	[2],[3],[9],[15]	0.75%
Spread	[2],[3],[9],[15]	6.00%
Total Coupon	[2],[3],[9],[15]	11.26%
Maturity	[2],[3],[9],[15]	May 04, 2028
Principal	[2],[3],[9],[15]	$ 0
Cost	[2],[3],[9],[10],[15]	(8,978)
Fair Value	[1],[2],[3],[9],[15]	$ (29,670)
Investment, Identifier [Axis]: Debt Investments | Health Care Providers & Services | PHC Buyer, LLC (Patriot Home Care) | First Lien Delayed Draw Term Loan | SOFR(S) | Floor rate 0.75% | Spread 6.00% | Total Coupon 10.70% | Maturity 5/4/2028
Schedule Of Investments [Line Items]
Interest Rate, Floor	[4],[5],[14]			0.75%
Spread	[4],[5],[14]			6.00%
Total Coupon	[4],[5],[14]			10.70%
Maturity	[4],[5],[14]			May 04, 2028
Principal	[4],[5],[14]			$ 0
Cost	[4],[5],[11],[14]			(11,384)
Fair Value	[4],[5],[12],[14]			$ (46,396)
Investment, Identifier [Axis]: Debt Investments | Health Care Providers & Services | PHC Buyer, LLC (Patriot Home Care) | First Lien Term Loan | SOFR(Q) | Floor rate 0.75% | Spread 6.00% | Total Coupon 11.26% | Maturity 5/4/2028
Schedule Of Investments [Line Items]
Interest Rate, Floor	[2],[3],[9]	0.75%
Spread	[2],[3],[9]	6.00%
Total Coupon	[2],[3],[9]	11.26%
Maturity	[2],[3],[9]	May 04, 2028
Principal	[2],[3],[9]	$ 3,779,650
Cost	[2],[3],[9],[10]	3,716,789
Fair Value	[1],[2],[3],[9]	$ 3,702,545
Investment, Identifier [Axis]: Debt Investments | Health Care Providers & Services | PHC Buyer, LLC (Patriot Home Care) | First Lien Term Loan | SOFR(S) | Floor rate 0.75% | Spread 6.00% | Total Coupon 10.70% | Maturity 5/4/2028
Schedule Of Investments [Line Items]
Interest Rate, Floor	[4],[5]			0.75%
Spread	[4],[5]			6.00%
Total Coupon	[4],[5]			10.70%
Maturity	[4],[5]			May 04, 2028
Principal	[4],[5]			$ 3,798,739
Cost	[4],[5],[11]			3,729,472
Fair Value	[4],[5],[12]			$ 3,677,559
Investment, Identifier [Axis]: Debt Investments | Health Care Providers & Services | Team Services Group, LLC | Second Lien Term Loan | LIBOR(Q) | Floor rate 1.00% | Spread 9.00% | Total Coupon 14.27% | Maturity 11/13/2028
Schedule Of Investments [Line Items]
Interest Rate, Floor	[2],[3],[9]	1.00%
Spread	[2],[3],[9]	9.00%
Total Coupon	[2],[3],[9]	14.27%
Maturity	[2],[3],[9]	Nov. 13, 2028
Principal	[2],[3],[9]	$ 6,554,543
Cost	[2],[3],[9],[10]	6,405,594
Fair Value	[1],[2],[3],[9]	6,095,725
Investment, Identifier [Axis]: Debt Investments | Health Care Providers & Services | Team Services Group, LLC | Second Lien Term Loan | LIBOR(S) | Floor rate 1.00% | Spread 9.00% | Total Coupon 13.93% | Maturity 11/13/2028
Schedule Of Investments [Line Items]
Interest Rate, Floor	[4],[5]			1.00%
Spread	[4],[5]			9.00%
Total Coupon	[4],[5]			13.93%
Maturity	[4],[5]			Nov. 13, 2028
Principal	[4],[5]			$ 6,554,543
Cost	[4],[5],[11]			6,393,439
Fair Value	[4],[5],[12]			6,161,270
Investment, Identifier [Axis]: Debt Investments | Health Care Technology
Schedule Of Investments [Line Items]
Cost		26,011,394	[2],[3],[10]	25,980,449	[4],[5],[11]
Fair Value		$ 25,539,811	[1],[2],[3]	$ 25,380,349	[4],[5],[12]
Investment, Identifier [Axis]: Debt Investments | Health Care Technology | Appriss Health, LLC (PatientPing) | First Lien Revolver | LIBOR(M) | Floor rate 1.00% | Spread 7.25% | Total Coupon 11.54% | Maturity 5/6/2027
Schedule Of Investments [Line Items]
Interest Rate, Floor	[4],[5],[14]			1.00%
Spread	[4],[5],[14]			7.25%
Total Coupon	[4],[5],[14]			11.54%
Maturity	[4],[5],[14]			May 06, 2027
Principal	[4],[5],[14]			$ 0
Cost	[4],[5],[11],[14]			(2,786)
Fair Value	[4],[5],[12],[14]			$ (10,545)
Investment, Identifier [Axis]: Debt Investments | Health Care Technology | Appriss Health, LLC (PatientPing) | First Lien Revolver | LIBOR(M) | Floor rate 1.00% | Spread 7.25% | Total Coupon 11.90% | Maturity 5/6/2027
Schedule Of Investments [Line Items]
Interest Rate, Floor	[2],[3],[9],[15]	1.00%
Spread	[2],[3],[9],[15]	7.25%
Total Coupon	[2],[3],[9],[15]	11.90%
Maturity	[2],[3],[9],[15]	May 06, 2027
Principal	[2],[3],[9],[15]	$ 0
Cost	[2],[3],[9],[10],[15]	(2,465)
Fair Value	[1],[2],[3],[9],[15]	$ (7,477)
Investment, Identifier [Axis]: Debt Investments | Health Care Technology | Appriss Health, LLC (PatientPing) | First Lien Term Loan | LIBOR(M) | Floor rate 1.00% | Spread 7.25% | Total Coupon 11.54% | Maturity 5/6/2027
Schedule Of Investments [Line Items]
Interest Rate, Floor	[4],[5]			1.00%
Spread	[4],[5]			7.25%
Total Coupon	[4],[5]			11.54%
Maturity	[4],[5]			May 06, 2027
Principal	[4],[5]			$ 2,868,709
Cost	[4],[5],[11]			2,826,856
Fair Value	[4],[5],[12]			$ 2,710,930
Investment, Identifier [Axis]: Debt Investments | Health Care Technology | Appriss Health, LLC (PatientPing) | First Lien Term Loan | LIBOR(M) | Floor rate 1.00% | Spread 7.25% | Total Coupon 11.90% | Maturity 5/6/2027
Schedule Of Investments [Line Items]
Interest Rate, Floor	[2],[3],[9]	1.00%
Spread	[2],[3],[9]	7.25%
Total Coupon	[2],[3],[9]	11.90%
Maturity	[2],[3],[9]	May 06, 2027
Principal	[2],[3],[9]	$ 2,861,520
Cost	[2],[3],[9],[10]	2,824,047
Fair Value	[1],[2],[3],[9]	$ 2,749,920
Investment, Identifier [Axis]: Debt Investments | Health Care Technology | CareATC, Inc. | First Lien Revolver | LIBOR(S) | Floor rate 1.00% | Spread 7.25% | Total Coupon 9.73% | Maturity 3/14/2024
Schedule Of Investments [Line Items]
Interest Rate, Floor	[4],[5]			1.00%
Spread	[4],[5]			7.25%
Total Coupon	[4],[5]			9.73%
Maturity	[4],[5]			Mar. 14, 2024
Principal	[4],[5]			$ 338,074
Cost	[4],[5],[11]			336,302
Fair Value	[4],[5],[12]			$ 332,665
Investment, Identifier [Axis]: Debt Investments | Health Care Technology | CareATC, Inc. | First Lien Revolver | SOFR(Q) | Floor rate 1.00% | Spread 7.25% | Total Coupon 13.07% | Maturity 3/14/2024
Schedule Of Investments [Line Items]
Interest Rate, Floor	[2],[3],[9]	1.00%
Spread	[2],[3],[9]	7.75%
Total Coupon	[2],[3],[9]	13.07%
Maturity	[2],[3],[9]	Mar. 14, 2026
Principal	[2],[3],[9]	$ 0
Cost	[2],[3],[9],[10]	(3,074)
Fair Value	[1],[2],[3],[9]	$ (8,114)
Investment, Identifier [Axis]: Debt Investments | Health Care Technology | CareATC, Inc. | First Lien Term Loan | LIBOR(Q) | Floor rate 1.00% | Spread 7.25% | Total Coupon 11.99% | Maturity 3/14/2024
Schedule Of Investments [Line Items]
Interest Rate, Floor	[4],[5]			1.00%
Spread	[4],[5]			7.25%
Total Coupon	[4],[5]			11.99%
Maturity	[4],[5]			Mar. 14, 2024
Principal	[4],[5]			$ 7,664,445
Cost	[4],[5],[11]			7,608,680
Fair Value	[4],[5],[12]			$ 7,541,813
Investment, Identifier [Axis]: Debt Investments | Health Care Technology | CareATC, Inc. | First Lien Term Loan | SOFR(Q) | Floor rate 1.00% | Spread 7.25% | Total Coupon 13.07% | Maturity 3/14/2024
Schedule Of Investments [Line Items]
Interest Rate, Floor	[2],[3],[9]	1.00%
Spread	[2],[3],[9]	7.75%
Total Coupon	[2],[3],[9]	13.07%
Maturity	[2],[3],[9]	Mar. 14, 2026
Principal	[2],[3],[9]	$ 7,664,445
Cost	[2],[3],[9],[10]	7,582,993
Fair Value	[1],[2],[3],[9]	$ 7,480,498
Investment, Identifier [Axis]: Debt Investments | Health Care Technology | ESO Solutions, Inc. | First Lien Revolver | SOFR(Q) | Floor rate 1.00% | Spread 7.00% | Total Coupon 11.59% | Maturity 5/3/2027
Schedule Of Investments [Line Items]
Interest Rate, Floor	[4],[5],[14]			1.00%
Spread	[4],[5],[14]			7.00%
Total Coupon	[4],[5],[14]			11.59%
Maturity	[4],[5],[14]			May 03, 2027
Principal	[4],[5],[14]			$ 0
Cost	[4],[5],[11],[14]			(8,938)
Fair Value	[4],[5],[12],[14]			$ (24,651)
Investment, Identifier [Axis]: Debt Investments | Health Care Technology | ESO Solutions, Inc. | First Lien Revolver | SOFR(Q) | Floor rate 1.00% | Spread 7.00% | Total Coupon 12.33% | Maturity 5/3/2027
Schedule Of Investments [Line Items]
Interest Rate, Floor	[2],[3],[9],[15]	1.00%
Spread	[2],[3],[9],[15]	7.00%
Total Coupon	[2],[3],[9],[15]	12.33%
Maturity	[2],[3],[9],[15]	May 03, 2027
Principal	[2],[3],[9],[15]	$ 369,758
Cost	[2],[3],[9],[10],[15]	361,836
Fair Value	[1],[2],[3],[9],[15]	$ 344,492
Investment, Identifier [Axis]: Debt Investments | Health Care Technology | ESO Solutions, Inc. | First Lien Term Loan | SOFR(Q) | Floor rate 1.00% | Spread 7.00% | Total Coupon 11.59% | Maturity 5/3/2027
Schedule Of Investments [Line Items]
Interest Rate, Floor	[4],[5]			1.00%
Spread	[4],[5]			7.00%
Total Coupon	[4],[5]			11.59%
Maturity	[4],[5]			May 03, 2027
Principal	[4],[5]			$ 8,380,593
Cost	[4],[5],[11]			8,238,137
Fair Value	[4],[5],[12]			$ 8,045,370
Investment, Identifier [Axis]: Debt Investments | Health Care Technology | ESO Solutions, Inc. | First Lien Term Loan | SOFR(Q) | Floor rate 1.00% | Spread 7.00% | Total Coupon 12.25% | Maturity 5/3/2027
Schedule Of Investments [Line Items]
Interest Rate, Floor	[2],[3],[9]	1.00%
Spread	[2],[3],[9]	7.00%
Total Coupon	[2],[3],[9]	12.25%
Maturity	[2],[3],[9]	May 03, 2027
Principal	[2],[3],[9]	$ 8,380,593
Cost	[2],[3],[9],[10]	8,255,135
Fair Value	[1],[2],[3],[9]	$ 8,036,989
Investment, Identifier [Axis]: Debt Investments | Health Care Technology | Gainwell Acquisition Corp. | Second Lien Term Loan | LIBOR(Q) | Floor rate 1.00% | Spread 8.00% | Total Coupon 11.74% | Maturity 10/2/2028
Schedule Of Investments [Line Items]
Interest Rate, Floor	[4],[5]			1.00%
Spread	[4],[5]			8.00%
Total Coupon	[4],[5]			11.74%
Maturity	[4],[5]			Oct. 02, 2028
Principal	[4],[5]			$ 2,016,737
Cost	[4],[5],[11]			2,008,293
Fair Value	[4],[5],[12]			$ 1,899,767
Investment, Identifier [Axis]: Debt Investments | Health Care Technology | Gainwell Acquisition Corp. | Second Lien Term Loan | SOFR(Q) | Floor rate 1.00% | Spread 8.00% | Total Coupon 13.04% | Maturity 10/2/2028
Schedule Of Investments [Line Items]
Interest Rate, Floor	[2],[3],[9]	1.00%
Spread	[2],[3],[9]	8.00%
Total Coupon	[2],[3],[9]	13.04%
Maturity	[2],[3],[9]	Oct. 02, 2028
Principal	[2],[3],[9]	$ 2,016,737
Cost	[2],[3],[9],[10]	2,009,227
Fair Value	[1],[2],[3],[9]	$ 1,988,503
Investment, Identifier [Axis]: Debt Investments | Health Care Technology | Sandata Technologies, LLC | First Lien Term Loan | LIBOR(Q) | Spread 6.00% | Total Coupon 10.29% | Maturity 7/23/2024
Schedule Of Investments [Line Items]
Interest Rate, Floor	[4],[5]			0.00%
Spread	[4],[5]			6.00%
Total Coupon	[4],[5]			10.29%
Maturity	[4],[5]			Jul. 23, 2024
Principal	[4],[5]			$ 500,000
Cost	[4],[5],[11]			497,481
Fair Value	[4],[5],[12]			$ 488,500
Investment, Identifier [Axis]: Debt Investments | Health Care Technology | Sandata Technologies, LLC | First Lien Term Loan | LIBOR(Q) | Spread 6.00% | Total Coupon 10.75% | Maturity 7/23/2024
Schedule Of Investments [Line Items]
Interest Rate, Floor	[4],[5]			0.00%
Spread	[4],[5]			6.00%
Total Coupon	[4],[5]			10.75%
Maturity	[4],[5]			Jul. 23, 2024
Principal	[4],[5]			$ 4,500,000
Cost	[4],[5],[11]			4,476,424
Fair Value	[4],[5],[12]			4,396,500
Investment, Identifier [Axis]: Debt Investments | Health Care Technology | Sandata Technologies, LLC | First Lien Term Loan | LIBOR(Q)/SOFR(Q) | Spread 6.00% | Total Coupon 11.46% | Maturity 7/23/2024
Schedule Of Investments [Line Items]
Interest Rate, Floor	[2],[3],[9]	0.00%
Spread	[2],[3],[9]	6.00%
Total Coupon	[2],[3],[9]	11.46%
Maturity	[2],[3],[9]	Jul. 23, 2024
Principal	[2],[3],[9]	$ 500,000
Cost	[2],[3],[9],[10]	498,343
Fair Value	[1],[2],[3],[9]	$ 495,500
Investment, Identifier [Axis]: Debt Investments | Health Care Technology | Sandata Technologies, LLC | First Lien Term Loan | SOFR(Q) | Spread 6.00% |Total Coupon 11.50% | Maturity 7/23/2024
Schedule Of Investments [Line Items]
Interest Rate, Floor	[2],[3],[9]	0.00%
Spread	[2],[3],[9]	6.00%
Total Coupon	[2],[3],[9]	11.50%
Maturity	[2],[3],[9]	Jul. 23, 2024
Principal	[2],[3],[9]	$ 4,500,000
Cost	[2],[3],[9],[10]	4,485,352
Fair Value	[1],[2],[3],[9]	4,459,500
Investment, Identifier [Axis]: Debt Investments | Hotels, Restaurants & Leisure
Schedule Of Investments [Line Items]
Cost		11,244,704	[2],[3],[9],[10]	5,131,948	[4],[5],[11]
Fair Value		$ 11,200,068	[1],[2],[3],[9]	$ 5,087,470	[4],[5],[12]
Investment, Identifier [Axis]: Debt Investments | Hotels, Restaurants & Leisure | OCM Luxembourg Baccarat Bidco S.A.R.L. (Interblock) (Slovenia) | First Lien Revolver | PRIME | Floor rate 0.75% | Spread 5.25% | Total Coupon 13.50% | Maturity 6/3/2027
Schedule Of Investments [Line Items]
Interest Rate, Floor	[2],[3],[9],[15],[20],[21]	0.75%
Spread	[2],[3],[9],[15],[20],[21]	5.25%
Total Coupon	[2],[3],[9],[15],[20],[21]	13.50%
Maturity	[2],[3],[9],[15],[20],[21]	Jun. 03, 2027
Principal	[2],[3],[9],[15],[20],[21]	$ 209,904
Cost	[2],[3],[9],[10],[15],[20],[21]	203,265
Fair Value	[1],[2],[3],[9],[15],[20],[21]	$ 199,829
Investment, Identifier [Axis]: Debt Investments | Hotels, Restaurants & Leisure | OCM Luxembourg Baccarat Bidco S.A.R.L. (Interblock) (Slovenia) | First Lien Revolver | SOFR(Q) | Floor rate 0.75% | Spread 6.25% | Total Coupon 10.68% | Maturity 6/3/2027
Schedule Of Investments [Line Items]
Interest Rate, Floor	[4],[5],[14],[18],[19]			0.75%
Spread	[4],[5],[14],[18],[19]			6.25%
Total Coupon	[4],[5],[14],[18],[19]			10.68%
Maturity	[4],[5],[14],[18],[19]			Jun. 03, 2027
Principal	[4],[5],[14],[18],[19]			$ 0
Cost	[4],[5],[11],[14],[18],[19]			(7,430)
Fair Value	[4],[5],[12],[14],[18],[19]			$ (10,915)
Investment, Identifier [Axis]: Debt Investments | Hotels, Restaurants & Leisure | OCM Luxembourg Baccarat Bidco S.A.R.L. (Interblock) (Slovenia) | First Lien Term Loan | SOFR(Q) | Floor rate 0.75% | Spread 6.25% | Total Coupon 10.68% | Maturity 6/3/2027
Schedule Of Investments [Line Items]
Interest Rate, Floor	[4],[5],[18],[19]			0.75%
Spread	[4],[5],[18],[19]			6.25%
Total Coupon	[4],[5],[18],[19]			10.68%
Maturity	[4],[5],[18],[19]			Jun. 03, 2027
Principal	[4],[5],[18],[19]			$ 5,234,481
Cost	[4],[5],[11],[18],[19]			5,139,378
Fair Value	[4],[5],[12],[18],[19]			5,098,385
Investment, Identifier [Axis]: Debt Investments | Hotels, Restaurants & Leisure | OCM Luxembourg Baccarat Bidco S.A.R.L. (Interblock) (Slovenia) | First Lien Term Loan | SOFR(Q) | Floor rate 0.75% | Spread 6.25% | Total Coupon 11.48% | Maturity 6/3/2027
Schedule Of Investments [Line Items]
Interest Rate, Floor	[2],[3],[9],[20],[21]	0.75%
Spread	[2],[3],[9],[20],[21]	6.25%
Total Coupon	[2],[3],[9],[20],[21]	11.48%
Maturity	[2],[3],[9],[20],[21]	Jun. 03, 2027
Principal	[2],[3],[9],[20],[21]	$ 5,208,243
Cost	[2],[3],[9],[10],[20],[21]	5,121,332
Fair Value	[1],[2],[3],[9],[20],[21]	$ 5,083,245
Investment, Identifier [Axis]: Debt Investments | Hotels, Restaurants & Leisure | Showtime Acquisition, L.L.C (World Choice) | First Lien Term Loan | SOFR(Q) | Floor rate 1.00% | Spread 7.50% | Total Coupon 12.67% | Maturity 8/7/2028
Schedule Of Investments [Line Items]
Interest Rate, Floor	[2],[9]	1.00%
Spread	[2],[9]	7.50%
Total Coupon	[2],[9]	12.67%
Maturity		Aug. 07, 2028
Principal	[2],[9]	$ 6,109,360
Cost	[2],[9],[10]	5,937,108
Fair Value	[1],[2],[9]	$ 5,938,909
Investment, Identifier [Axis]: Debt Investments | Hotels, Restaurants & Leisure | Showtime Acquisition, L.L.C. (World Choice) | First Lien Delayed Draw Term Loan | SOFR(Q) | Floor rate 1.00% | Spread 7.50% | Total Coupon 12.67% | Maturity 8/7/2028
Schedule Of Investments [Line Items]
Interest Rate, Floor	[2],[9],[15]	1.00%
Spread	[2],[9],[15]	7.50%
Total Coupon	[2],[9],[15]	12.67%
Maturity		Aug. 07, 2028
Principal	[2],[9],[15]	$ 0
Cost	[2],[9],[10],[15]	(4,851)
Fair Value	[1],[2],[9],[15]	$ (9,740)
Investment, Identifier [Axis]: Debt Investments | Hotels, Restaurants & Leisure | Showtime Acquisition, L.L.C. (World Choice) | First Lien Revolver | SOFR(Q) | Floor rate 1.00% | Spread 7.50% | Total Coupon 12.67% | Maturity 8/7/2028
Schedule Of Investments [Line Items]
Interest Rate, Floor	[2],[9],[15]	1.00%
Spread	[2],[9],[15]	7.50%
Total Coupon	[2],[9],[15]	12.67%
Maturity		Aug. 07, 2028
Principal	[2],[9],[15]	$ 0
Cost	[2],[9],[15]	(12,150)
Fair Value	[1],[2],[9],[15]	(12,175)
Investment, Identifier [Axis]: Debt Investments | IT Services
Schedule Of Investments [Line Items]
Cost		20,767,862	[2],[3],[9],[10]	14,845,592	[4],[5],[11],[13]
Fair Value		$ 20,092,477	[1],[2],[3],[9]	$ 13,999,657	[4],[5],[12],[13]
Investment, Identifier [Axis]: Debt Investments | IT Services | Avalara, Inc. | First Lien Revolver | SOFR(Q) | Floor Rate 0.75% | Spread 7.25% | Total Coupon 11.83% | Maturity 10/19/2028
Schedule Of Investments [Line Items]
Interest Rate, Floor	[4],[5],[13],[14]			0.75%
Spread	[4],[5],[13],[14]			7.25%
Total Coupon	[4],[5],[13],[14]			11.83%
Maturity	[4],[5],[13],[14]			Oct. 19, 2028
Principal	[4],[5],[13],[14]			$ 0
Cost	[4],[5],[11],[13],[14]			(5,443)
Fair Value	[4],[5],[12],[13],[14]			$ (6,750)
Investment, Identifier [Axis]: Debt Investments | IT Services | Avalara, Inc. | First Lien Revolver | SOFR(Q) | Floor Rate 0.75% | Spread 7.25% | Total Coupon 12.49% | Maturity 10/19/2028
Schedule Of Investments [Line Items]
Interest Rate, Floor	[2],[3],[9]	0.75%
Spread	[2],[3],[9]	7.25%
Total Coupon	[2],[3],[9]	12.49%
Maturity	[2],[3],[9]	Oct. 19, 2028
Principal	[2],[3],[9]	$ 0
Cost	[2],[3],[9],[10]	(4,976)
Fair Value	[1],[2],[3],[9]	$ (1,125)
Investment, Identifier [Axis]: Debt Investments | IT Services | Avalara, Inc. | First Lien Term Loan | SOFR(Q) | Floor Rate 0.75% | Spread 7.25% | Total Coupon 11.83% | Maturity 10/19/2028
Schedule Of Investments [Line Items]
Interest Rate, Floor	[4],[5],[13]			0.75%
Spread	[4],[5],[13]			7.25%
Total Coupon	[4],[5],[13]			11.83%
Maturity	[4],[5],[13]			Oct. 19, 2028
Principal	[4],[5],[13]			$ 2,250,000
Cost	[4],[5],[11],[13]			2,194,940
Fair Value	[4],[5],[12],[13]			$ 2,182,500
Investment, Identifier [Axis]: Debt Investments | IT Services | Avalara, Inc. | First Lien Term Loan | SOFR(Q) | Floor Rate 0.75% | Spread 7.25% | Total Coupon 12.49% | Maturity 10/19/2028
Schedule Of Investments [Line Items]
Interest Rate, Floor	[2],[3],[9]	0.75%
Spread	[2],[3],[9]	7.25%
Total Coupon	[2],[3],[9]	12.49%
Maturity	[2],[3],[9]	Oct. 19, 2028
Principal	[2],[3],[9]	$ 2,250,000
Cost	[2],[3],[9],[10]	2,199,467
Fair Value	[1],[2],[3],[9]	$ 2,238,750
Investment, Identifier [Axis]: Debt Investments | IT Services | Ensono, Inc. | Second Lien Term Loan B | LIBOR(S) | Spread 8.00% | Total Coupon 13.15% | Maturity 5/28/2029
Schedule Of Investments [Line Items]
Interest Rate, Floor	[4],[5],[13]			0.00%
Spread	[4],[5],[13]			8.00%
Total Coupon	[4],[5],[13]			13.15%
Maturity	[4],[5],[13]			May 28, 2029
Principal	[4],[5],[13]			$ 5,000,000
Cost	[4],[5],[11],[13]			4,958,482
Fair Value	[4],[5],[12],[13]			$ 4,625,000
Investment, Identifier [Axis]: Debt Investments | IT Services | Ensono, Inc. | Second Lien Term Loan B | SOFR(M) | Spread 8.00% | Total Coupon 13.22% | Maturity 5/28/2029
Schedule Of Investments [Line Items]
Interest Rate, Floor	[2],[3],[9]	0.00%
Spread	[2],[3],[9]	8.00%
Total Coupon	[2],[3],[9]	13.22%
Maturity	[2],[3],[9]	May 28, 2029
Principal	[2],[3],[9]	$ 5,000,000
Cost	[2],[3],[9],[10]	4,963,345
Fair Value	[1],[2],[3],[9]	$ 4,535,000
Investment, Identifier [Axis]: Debt Investments | IT Services | Idera, Inc. | Second Lien Term Loan | LIBOR(Q) | Floor Rate 0.75% | Spread 6.75% | Total Coupon 10.50% | Maturity 2/4/2029
Schedule Of Investments [Line Items]
Interest Rate, Floor	[4],[5],[13]			0.75%
Spread	[4],[5],[13]			6.75%
Total Coupon	[4],[5],[13]			10.50%
Maturity	[4],[5],[13]			Feb. 04, 2029
Principal	[4],[5],[13]			$ 2,867,296
Cost	[4],[5],[11],[13]			2,849,793
Fair Value	[4],[5],[12],[13]			$ 2,351,183
Investment, Identifier [Axis]: Debt Investments | IT Services | Idera, Inc. | Second Lien Term Loan | SOFR(M) | Floor Rate 0.75% | Spread 6.75% | Total Coupon 12.01% | Maturity 2/4/2029
Schedule Of Investments [Line Items]
Interest Rate, Floor	[2],[3],[9]	0.75%
Spread	[2],[3],[9]	6.75%
Total Coupon	[2],[3],[9]	12.01%
Maturity	[2],[3],[9]	Feb. 04, 2029
Principal	[2],[3],[9]	$ 2,867,296
Cost	[2],[3],[9],[10]	2,852,573
Fair Value	[1],[2],[3],[9]	$ 2,508,884
Investment, Identifier [Axis]: Debt Investments | IT Services | Madison Logic Holdings, Inc. | First Lien Revolver | SOFR(Q) | Floor Rate 1.00% | Spread 7.00% | Total Coupon 12.24% | Maturity 12/30/2027
Schedule Of Investments [Line Items]
Interest Rate, Floor	[2],[3],[9]	1.00%
Spread	[2],[3],[9]	7.00%
Total Coupon	[2],[3],[9]	12.24%
Maturity	[2],[3],[9]	Dec. 30, 2027
Principal	[2],[3],[9]	$ 0
Cost	[2],[3],[9],[10]	(9,717)
Fair Value	[1],[2],[3],[9]	$ (9,706)
Investment, Identifier [Axis]: Debt Investments | IT Services | Madison Logic Holdings, Inc. | First Lien Term Loan | SOFR(Q) | Floor Rate 1.00% | Spread 7.00% | Total Coupon 11.58% | Maturity 12/29/2028
Schedule Of Investments [Line Items]
Interest Rate, Floor	[4],[5],[13]			1.00%
Spread	[4],[5],[13]			7.00%
Total Coupon	[4],[5],[13]			11.58%
Maturity	[4],[5],[13]			Dec. 29, 2028
Principal	[4],[5],[13]			$ 5,008,771
Cost	[4],[5],[11],[13]			4,858,604
Fair Value	[4],[5],[12],[13]			$ 4,858,508
Investment, Identifier [Axis]: Debt Investments | IT Services | Madison Logic Holdings, Inc. | First Lien Term Loan | SOFR(Q) | Floor Rate 1.00% | Spread 7.00% | Total Coupon 12.24% | Maturity 12/29/2028
Schedule Of Investments [Line Items]
Interest Rate, Floor	[2],[3],[9]	1.00%
Spread	[2],[3],[9]	7.00%
Total Coupon	[2],[3],[9]	12.24%
Maturity	[2],[3],[9]	Dec. 29, 2028
Principal	[2],[3],[9]	$ 4,996,249
Cost	[2],[3],[9],[10]	4,854,068
Fair Value	[1],[2],[3],[9]	$ 4,861,350
Investment, Identifier [Axis]: Debt Investments | IT Services | Madison Logic Holdings, Inc. | First Lien Term Revolver | SOFR(Q) | Floor Rate 1.00% | Spread 7.00% | Total Coupon 11.58% | Maturity 12/30/2027
Schedule Of Investments [Line Items]
Interest Rate, Floor	[4],[5],[13],[14]			1.00%
Spread	[4],[5],[13],[14]			7.00%
Total Coupon	[4],[5],[13],[14]			11.58%
Maturity	[4],[5],[13],[14]			Dec. 30, 2027
Principal	[4],[5],[13],[14]			$ 0
Cost	[4],[5],[11],[13],[14]			(10,784)
Fair Value	[4],[5],[12],[13],[14]			(10,784)
Investment, Identifier [Axis]: Debt Investments | IT Services | Serrano Parent, LLC (Sumo Logic) | First Lien Revolver | SOFR(Q) | Floor Rate 1.00% | Spread 6.50% | Total Coupon 11.60% | Maturity 5/13/2030
Schedule Of Investments [Line Items]
Interest Rate, Floor	[2],[3],[9]	1.00%
Spread	[2],[3],[9]	6.50%
Total Coupon	[2],[3],[9]	11.60%
Maturity	[2],[3],[9]	May 13, 2030
Principal	[2],[3],[9]	$ 0
Cost	[2],[3],[9],[10]	(14,916)
Fair Value	[1],[2],[3],[9]	$ (10,943)
Investment, Identifier [Axis]: Debt Investments | IT Services | Serrano Parent, LLC (Sumo Logic) | First Lien Term Loan | SOFR(Q) | Floor Rate 1.00% | Spread 6.50% | Total Coupon 11.60% | Maturity 5/13/2030
Schedule Of Investments [Line Items]
Interest Rate, Floor	[2],[3],[9]	1.00%
Spread	[2],[3],[9]	6.50%
Total Coupon	[2],[3],[9]	11.60%
Maturity	[2],[3],[9]	May 13, 2030
Principal	[2],[3],[9]	$ 6,079,701
Cost	[2],[3],[9],[10]	5,928,018
Fair Value	[1],[2],[3],[9]	5,970,267
Investment, Identifier [Axis]: Debt Investments | Insurance
Schedule Of Investments [Line Items]
Cost		14,556,637	[2],[3],[10]	14,147,478	[4],[5],[11]
Fair Value		$ 14,639,839	[1],[2],[3]	$ 14,213,824	[4],[5],[12]
Investment, Identifier [Axis]: Debt Investments | Insurance | AmeriLife Holdings, LLC | First Lien Delayed Draw Term Loan | SOFR(S) | Floor rate 0.75% | Spread 5.75% | Total Coupon 10.15% | Maturity 8/31/2029
Schedule Of Investments [Line Items]
Interest Rate, Floor	[4],[5],[14]			0.75%
Spread	[4],[5],[14]			5.75%
Total Coupon	[4],[5],[14]			10.15%
Maturity	[4],[5],[14]			Aug. 31, 2029
Principal	[4],[5],[14]			$ 686,959
Cost	[4],[5],[11],[14]			670,390
Fair Value	[4],[5],[12],[14]			$ 644,711
Investment, Identifier [Axis]: Debt Investments | Insurance | AmeriLife Holdings, LLC | First Lien Delayed Draw Term Loan | SOFR(S) | Floor rate 0.75% | Spread 5.75% | Total Coupon 10.62% | Maturity 8/31/2029
Schedule Of Investments [Line Items]
Interest Rate, Floor	[2],[3],[9]	0.75%
Spread	[2],[3],[9]	5.75%
Total Coupon	[2],[3],[9]	10.62%
Maturity	[2],[3],[9],[15]	Aug. 31, 2029
Principal	[2],[3],[9],[15]	$ 683,524
Cost	[2],[3],[9],[10],[15]	668,050
Fair Value	[1],[2],[3],[9],[15]	$ 651,687
Investment, Identifier [Axis]: Debt Investments | Insurance | AmeriLife Holdings, LLC | First Lien Revolver | SOFR(Q) | Floor rate 0.75% | Spread 5.75% | Total Coupon 9.58% | Maturity 8/31/2028
Schedule Of Investments [Line Items]
Interest Rate, Floor	[4],[5],[14]			0.75%
Spread	[4],[5],[14]			5.75%
Total Coupon	[4],[5],[14]			9.58%
Maturity	[4],[5],[14]			Aug. 31, 2028
Principal	[4],[5],[14]			$ 0
Cost	[4],[5],[11],[14]			(9,728)
Fair Value	[4],[5],[12],[14]			$ (21,124)
Investment, Identifier [Axis]: Debt Investments | Insurance | AmeriLife Holdings, LLC | First Lien Revolver | SOFR(S) | Floor rate 0.75% | Spread 5.75% | Total Coupon 10.99% | Maturity 8/31/2028
Schedule Of Investments [Line Items]
Interest Rate, Floor	[2],[3],[9],[15]	0.75%
Spread	[2],[3],[9]	5.75%
Total Coupon	[2],[3],[9],[15]	10.99%
Maturity	[2],[3],[9],[15]	Aug. 31, 2028
Principal	[2],[3],[9],[15]	$ 85,870
Cost	[2],[3],[9],[10],[15]	76,971
Fair Value	[1],[2],[3],[9],[15]	$ 69,898
Investment, Identifier [Axis]: Debt Investments | Insurance | AmeriLife Holdings, LLC | First Lien Term Loan | SOFR(Q) | Floor rate 0.75% | Spread 5.75% | Total Coupon 9.58% | Maturity 8/31/2029
Schedule Of Investments [Line Items]
Interest Rate, Floor	[4],[5]			0.75%
Spread	[4],[5]			5.75%
Total Coupon	[4],[5]			9.58%
Maturity	[4],[5]			Aug. 31, 2029
Principal	[4],[5]			$ 4,121,752
Cost	[4],[5],[11]			4,043,233
Fair Value	[4],[5],[12]			$ 3,952,760
Investment, Identifier [Axis]: Debt Investments | Insurance | AmeriLife Holdings, LLC | First Lien Term Loan | SOFR(S) | Floor rate 0.75% | Spread 5.75% | Total Coupon 10.88% | Maturity 8/31/2029
Schedule Of Investments [Line Items]
Interest Rate, Floor	[2],[3],[9],[15]	0.75%
Spread	[2],[3],[9],[15]	5.75%
Total Coupon	[2],[3],[9],[15]	10.88%
Maturity	[2],[3],[9]	Aug. 31, 2029
Principal	[2],[3],[9]	$ 4,101,143
Cost	[2],[3],[9],[10]	4,027,208
Fair Value	[1],[2],[3],[9]	$ 3,974,007
Investment, Identifier [Axis]: Debt Investments | Insurance | IT Parent, LLC (Insurance Technologies) | First Lien Revolver | LIBOR(M)/Prime | Floor rate 1.00% | Spread 6.25% | Total Coupon 11.21% | Maturity 10/1/2026
Schedule Of Investments [Line Items]
Interest Rate, Floor	[4],[5],[14],[34]			1.00%
Spread	[4],[5],[14],[34]			6.25%
Total Coupon	[4],[5],[14],[34]			11.21%
Maturity	[4],[5],[14],[34]			Oct. 01, 2026
Principal	[4],[5],[14],[34]			$ 183,333
Cost	[4],[5],[11],[14],[34]			180,108
Fair Value	[4],[5],[12],[14],[34]			$ 167,083
Investment, Identifier [Axis]: Debt Investments | Insurance | IT Parent, LLC (Insurance Technologies) | First Lien Revolver | SOFR(M) | Floor rate 1.00% | Spread 6.25% | Total Coupon 11.46% | Maturity 10/1/2026
Schedule Of Investments [Line Items]
Interest Rate, Floor	[2],[3],[9]	1.00%
Spread	[2],[3],[9]	6.25%
Total Coupon	[2],[3],[9]	11.46%
Maturity	[2],[3],[9]	Oct. 01, 2026
Principal	[2],[3],[9]	$ 208,333
Cost	[2],[3],[9],[10]	205,459
Fair Value	[1],[2],[3],[9]	$ 189,833
Investment, Identifier [Axis]: Debt Investments | Insurance | IT Parent, LLC (Insurance Technologies) | First Lien Term Loan | LIBOR(M) | Floor rate 1.00% | Spread 6.25% | Total Coupon 10.63% | Maturity 10/1/2026
Schedule Of Investments [Line Items]
Interest Rate, Floor	[4],[5]			1.00%
Spread	[4],[5]			6.25%
Total Coupon	[4],[5]			10.63%
Maturity	[4],[5]			Oct. 01, 2026
Principal	[4],[5]			$ 1,933,651
Cost	[4],[5],[11]			1,907,627
Fair Value	[4],[5],[12]			$ 1,807,963
Investment, Identifier [Axis]: Debt Investments | Insurance | IT Parent, LLC (Insurance Technologies) | First Lien Term Loan | SOFR(M) | Floor rate 1.00% | Spread 6.25% | Total Coupon 11.45% | Maturity 10/1/2026
Schedule Of Investments [Line Items]
Interest Rate, Floor	[2],[3],[9]	1.00%
Spread	[2],[3],[9]	6.25%
Total Coupon	[2],[3],[9]	11.45%
Maturity	[2],[3],[9]	Oct. 01, 2026
Principal	[2],[3],[9]	$ 1,923,785
Cost	[2],[3],[9],[10]	1,901,403
Fair Value	[1],[2],[3],[9]	$ 1,781,425
Investment, Identifier [Axis]: Debt Investments | Insurance | Integrity Marketing Acquisition, LLC | First Lien Incremental Revolver | SOFR(M) | Floor rate 0.75% | Spread 6.50% | Total Coupon 10.82% | Maturity 8/27/2025
Schedule Of Investments [Line Items]
Interest Rate, Floor	[4],[5],[14]			0.75%
Spread	[4],[5],[14]			6.50%
Total Coupon	[4],[5],[14]			10.82%
Maturity	[4],[5],[14]			Aug. 27, 2025
Principal	[4],[5],[14]			$ 0
Cost	[4],[5],[11],[14]			(396,355)
Fair Value	[4],[5],[12],[14]			$ (41,342)
Investment, Identifier [Axis]: Debt Investments | Insurance | Integrity Marketing Acquisition, LLC | First Lien Incremental Revolver | SOFR(Q) | Floor rate 0.75% | Spread 6.50% | Total Coupon 11.76% | Maturity 8/27/2025
Schedule Of Investments [Line Items]
Interest Rate, Floor	[2],[3],[9]	0.75%
Spread	[2],[3],[9]	6.50%
Total Coupon	[2],[3],[9]	11.76%
Maturity	[2],[3],[9]	Aug. 27, 2025
Principal	[2],[3],[9]	$ 0
Cost	[2],[3],[9],[10]	(325,381)
Fair Value	[1],[2],[3],[9]	$ (20,671)
Investment, Identifier [Axis]: Debt Investments | Insurance | Integrity Marketing Acquisition, LLC | First Lien Incremental Term Loan | SOFR(M) | Floor rate 0.75% | Spread 6.50% | Total Coupon 10.82% | Maturity 8/27/2025
Schedule Of Investments [Line Items]
Interest Rate, Floor	[4],[5]			0.75%
Spread	[4],[5]			6.50%
Total Coupon	[4],[5]			10.82%
Maturity	[4],[5]			Aug. 27, 2025
Principal	[4],[5]			$ 5,167,753
Cost	[4],[5],[11]			5,078,283
Fair Value	[4],[5],[12]			$ 5,126,411
Investment, Identifier [Axis]: Debt Investments | Insurance | Integrity Marketing Acquisition, LLC | First Lien Incremental Term Loan | SOFR(Q) | Floor rate 0.75% | Spread 6.50% | Total Coupon 11.76% | Maturity 8/27/2025
Schedule Of Investments [Line Items]
Interest Rate, Floor	[2],[3],[9]	0.75%
Spread	[2],[3],[9]	6.50%
Total Coupon	[2],[3],[9]	11.76%
Maturity	[2],[3],[9]	Aug. 27, 2025
Principal	[2],[3],[9]	$ 5,141,914
Cost	[2],[3],[9],[10]	5,067,580
Fair Value	[1],[2],[3],[9]	$ 5,121,347
Investment, Identifier [Axis]: Debt Investments | Insurance | Peter C. Foy & Associates Insurance Services, LLC (PCF Insurance) | First Lien Delayed Draw Term Loan | SOFR(M) | Floor rate 0.75% | Spread 6.00% | Total Coupon 11.22% | Maturity 11/1/2028
Schedule Of Investments [Line Items]
Interest Rate, Floor	[2],[3],[9]	0.75%
Spread	[2],[3],[9]	6.00%
Total Coupon	[2],[3],[9]	11.22%
Maturity	[2],[3],[9]	Nov. 01, 2028
Principal	[2],[3],[9]	$ 2,122,239
Cost	[2],[3],[9],[10]	2,097,830
Fair Value	[1],[2],[3],[9]	$ 2,052,205
Investment, Identifier [Axis]: Debt Investments | Insurance | Peter C. Foy & Associates Insurance Services, LLC (PCF Insurance) | First Lien Delayed Draw Term Loan | SOFR(S) | Floor rate 0.75% | Spread 6.00% | Total Coupon 11.11% | Maturity 11/1/2028
Schedule Of Investments [Line Items]
Interest Rate, Floor	[4],[5],[14]			0.75%
Spread	[4],[5],[14]			6.00%
Total Coupon	[4],[5],[14]			11.11%
Maturity	[4],[5],[14]			Nov. 01, 2028
Principal	[4],[5],[14]			$ 1,859,529
Cost	[4],[5],[11],[14]			1,833,303
Fair Value	[4],[5],[12],[14]			$ 1,763,340
Investment, Identifier [Axis]: Debt Investments | Insurance | Peter C. Foy & Associates Insurance Services, LLC (PCF Insurance) | First Lien Term Loan | SOFR(M) | Floor rate 0.75% | Spread 6.00% | Total Coupon 11.22% | Maturity 11/1/2028
Schedule Of Investments [Line Items]
Interest Rate, Floor	[2],[3],[9]	0.75%
Spread	[2],[3],[9]	6.00%
Total Coupon	[2],[3],[9]	11.22%
Maturity	[2],[3],[9]	Nov. 01, 2028
Principal	[2],[3],[9]	$ 848,095
Cost	[2],[3],[9],[10]	837,517
Fair Value	[1],[2],[3],[9]	820,108
Investment, Identifier [Axis]: Debt Investments | Insurance | Peter C. Foy & Associates Insurance Services, LLC (PCF Insurance) | First Lien Term Loan | SOFR(S) | Floor rate 0.75% | Spread 6.00% | Total Coupon 11.12% | Maturity 11/1/2028
Schedule Of Investments [Line Items]
Interest Rate, Floor	[4],[5]			0.75%
Spread	[4],[5]			6.00%
Total Coupon	[4],[5]			11.12%
Maturity	[4],[5]			Nov. 01, 2028
Principal	[4],[5]			$ 852,379
Cost	[4],[5],[11]			840,617
Fair Value	[4],[5],[12]			814,022
Investment, Identifier [Axis]: Debt Investments | Internet & Catalog Retail
Schedule Of Investments [Line Items]
Cost		6,695,169	[2],[3],[9],[10]	6,690,245	[4],[5],[11],[13]
Fair Value		$ 6,000,784	[1],[2],[3],[9]	$ 5,670,715	[4],[5],[12],[13]
Investment, Identifier [Axis]: Debt Investments | Internet & Catalog Retail | CommerceHub, Inc. | First Lien Term Loan | SOFR(Q) | Floor Rate 0.75% | Spread 6.25% | Total Coupon 11.47% | Maturity 12/29/2027
Schedule Of Investments [Line Items]
Interest Rate, Floor	[2],[3],[9]	0.75%
Spread	[2],[3],[9]	6.25%
Total Coupon	[2],[3],[9]	11.47%
Maturity	[2],[3],[9]	Dec. 29, 2027
Principal	[2],[3],[9]	$ 2,214,586
Cost	[2],[3],[9],[10]	2,074,398
Fair Value	[1],[2],[3],[9]	$ 2,075,067
Investment, Identifier [Axis]: Debt Investments | Internet & Catalog Retail | Syndigo, LLC | Second Lien Term Loan | LIBOR(Q) | Floor Rate 0.75% | Spread 8.00% | Total Coupon 13.55% | Maturity 12/14/2028
Schedule Of Investments [Line Items]
Interest Rate, Floor	[2],[3],[9]	0.75%
Spread	[2],[3],[9]	8.00%
Total Coupon	[2],[3],[9]	13.55%
Maturity	[2],[3],[9]	Dec. 14, 2028
Principal	[2],[3],[9]	$ 4,673,472
Cost	[2],[3],[9],[10]	4,620,771
Fair Value	[1],[2],[3],[9]	3,925,717
Investment, Identifier [Axis]: Debt Investments | Internet & Catalog Retail | Syndigo, LLC | Second Lien Term Loan | LIBOR(S) | Floor Rate 0.75% | Spread 8.00% | Total Coupon 13.21% | Maturity 12/14/2028
Schedule Of Investments [Line Items]
Interest Rate, Floor	[4],[5],[13]			0.75%
Spread	[4],[5],[13]			8.00%
Total Coupon	[4],[5],[13]			13.21%
Maturity	[4],[5],[13]			Dec. 14, 2028
Principal	[4],[5],[13]			$ 4,673,472
Cost	[4],[5],[11],[13]			4,617,397
Fair Value	[4],[5],[12],[13]			3,598,574
Investment, Identifier [Axis]: Debt Investments | Internet Software & Services
Schedule Of Investments [Line Items]
Cost		75,761,391	[2],[3],[10]	66,853,671	[4],[5],[11],[13]
Fair Value		$ 68,711,784	[1],[2],[3]	$ 63,165,311	[4],[5],[12],[13]
Investment, Identifier [Axis]: Debt Investments | Internet Software & Services | Anaconda, Inc. | First Lien Term Loan | SOFR(Q) | Floor Rate 1.00% | Spread 7.50% | Total Coupon 11.86% | Maturity 8/22/2027
Schedule Of Investments [Line Items]
Interest Rate, Floor	[4],[5],[13]			1.00%
Spread	[4],[5],[13]			7.50%
Total Coupon	[4],[5],[13]			11.86%
Maturity	[4],[5],[13]			Aug. 22, 2027
Principal	[4],[5],[13]			$ 1,938,957
Cost	[4],[5],[11],[13]			1,920,501
Fair Value	[4],[5],[12],[13]			$ 1,911,811
Investment, Identifier [Axis]: Debt Investments | Internet Software & Services | Anaconda, Inc. | First Lien Term Loan | SOFR(Q) | Floor Rate 1.00% | Spread 7.50% | Total Coupon 12.73% | Maturity 8/22/2027
Schedule Of Investments [Line Items]
Interest Rate, Floor	[2],[3],[9]	1.00%
Spread	[2],[3],[9]	7.50%
Total Coupon	[2],[3],[9]	12.73%
Maturity	[2],[3],[9]	Aug. 22, 2027
Principal	[2],[3],[9]	$ 1,938,957
Cost	[2],[3],[9],[10]	1,921,915
Fair Value	[1],[2],[3],[9]	$ 1,902,116
Investment, Identifier [Axis]: Debt Investments | Internet Software & Services | Astra Acquisition Corp. (Anthology) | Second Lien Term Loan | LIBOR(M) | Floor Rate 0.75% | Spread 8.88% | Total Coupon 13.26% | Maturity 10/25/2029
Schedule Of Investments [Line Items]
Interest Rate, Floor	[4],[5],[13]			0.75%
Spread	[4],[5],[13]			8.88%
Total Coupon	[4],[5],[13]			13.26%
Maturity	[4],[5],[13]			Oct. 25, 2029
Principal	[4],[5],[13]			$ 7,164,842
Cost	[4],[5],[11],[13]			7,034,117
Fair Value	[4],[5],[12],[13]			$ 6,376,709
Investment, Identifier [Axis]: Debt Investments | Internet Software & Services | Astra Acquisition Corp. (Anthology) | Second Lien Term Loan | SOFR(M) | Floor Rate 0.75% | Spread 8.88% | Total Coupon 14.09% | Maturity 10/25/2029
Schedule Of Investments [Line Items]
Interest Rate, Floor	[2],[3],[9]	0.75%
Spread	[2],[3],[9]	8.88%
Total Coupon	[2],[3],[9]	14.09%
Maturity	[2],[3],[9]	Oct. 25, 2029
Principal	[2],[3],[9]	$ 7,164,842
Cost	[2],[3],[9],[10]	7,045,756
Fair Value	[1],[2],[3],[9]	$ 3,851,103
Investment, Identifier [Axis]: Debt Investments | Internet Software & Services | Bynder Bidco B.V. (Netherlands) | First Lien Revolver A | SOFR(S) | Floor Rate 1.00% | Spread 7.25% | Total Coupon 12.05% | Maturity 1/26/2029
Schedule Of Investments [Line Items]
Interest Rate, Floor	[2],[3],[9]	1.00%
Spread	[2],[3],[9]	7.25%
Total Coupon	[2],[3],[9]	12.05%
Maturity	[2],[3],[9]	Jan. 26, 2029
Principal	[2],[3],[9]	$ 0
Cost	[2],[3],[9],[10]	(2,897)
Fair Value	[1],[2],[3],[9]	$ (2,912)
Investment, Identifier [Axis]: Debt Investments | Internet Software & Services | Bynder Bidco B.V. (Netherlands) | First Lien Revolver B | SOFR(S) | Floor Rate 1.00% | Spread 7.25% | Total Coupon 12.05% | Maturity 1/26/2029
Schedule Of Investments [Line Items]
Interest Rate, Floor	[2],[3],[9]	1.00%
Spread	[2],[3],[9]	7.25%
Total Coupon	[2],[3],[9]	12.05%
Maturity	[2],[3],[9]	Jan. 26, 2029
Principal	[2],[3],[9]	$ 0
Cost	[2],[3],[9],[10]	(10,514)
Fair Value	[1],[2],[3],[9]	$ (10,568)
Investment, Identifier [Axis]: Debt Investments | Internet Software & Services | Bynder Bidco B.V. (Netherlands) | First Lien Term Loan B | SOFR(S) | Floor Rate 1.00% | Spread 7.25% | Total Coupon 12.05% | Maturity 1/26/2029
Schedule Of Investments [Line Items]
Interest Rate, Floor	[2],[3],[9]	1.00%
Spread	[2],[3],[9]	7.25%
Total Coupon	[2],[3],[9]	12.05%
Maturity	[2],[3],[9]	Jan. 26, 2029
Principal	[2],[3],[9]	$ 4,653,609
Cost	[2],[3],[9],[10]	4,519,598
Fair Value	[1],[2],[3],[9]	$ 4,523,308
Investment, Identifier [Axis]: Debt Investments | Internet Software & Services | Bynder Bidco, Inc. (Netherlands) | First Lien Term Loan A | SOFR(S) | Floor Rate 1.00% | Spread 7.25% | Total Coupon 12.05% | Maturity 1/26/2029
Schedule Of Investments [Line Items]
Interest Rate, Floor	[2],[3],[9]	1.00%
Spread	[2],[3],[9]	7.25%
Total Coupon	[2],[3],[9]	12.05%
Maturity	[2],[3],[9]	Jan. 26, 2029
Principal	[2],[3],[9]	$ 1,283,754
Cost	[2],[3],[9],[10]	1,246,786
Fair Value	[1],[2],[3],[9]	$ 1,247,809
Investment, Identifier [Axis]: Debt Investments | Internet Software & Services | CommerceHub, Inc. | First Lien Term Loan | Quarterly LIBOR | Floor Rate 1.00% | Spread 6.00% | Total Coupon 10.41% | Maturity 11/7/2026
Schedule Of Investments [Line Items]
Interest Rate, Floor	[4],[5],[13]			0.75%
Spread	[4],[5],[13]			5.25%
Total Coupon	[4],[5],[13]			12.25%
Maturity	[4],[5],[13]			Dec. 29, 2027
Principal	[4],[5],[13]			$ 2,225,715
Cost	[4],[5],[11],[13]			2,072,848
Fair Value	[4],[5],[12],[13]			$ 2,072,141
Investment, Identifier [Axis]: Debt Investments | Internet Software & Services | Gympass US, LLC | First Lien Term Loan | SOFR(M) | Floor Rate 1.00% | Spread 4.00% cash+ 4.00% PIK | Total Coupon 13.26% | Maturity 7/8/2027
Schedule Of Investments [Line Items]
Interest Rate, Floor	[2],[3],[9]	1.00%
Interest Rate, PIK	[2],[3],[9]	4.00%
Interest Rate, Cash	[2],[3],[9]	4.00%
Total Coupon	[2],[3],[9]	13.26%
Maturity	[2],[3],[9]	Jul. 08, 2027
Principal	[2],[3],[9]	$ 1,962,111
Cost	[2],[3],[9],[10]	1,946,678
Fair Value	[1],[2],[3],[9]	$ 1,942,490
Investment, Identifier [Axis]: Debt Investments | Internet Software & Services | Gympass US, LLC | First Lien Term Loan | SOFR(Q) | Floor Rate 1.00% | Spread 4.00% cash+ 4.00% PIK | Total Coupon 12.77% | Maturity 7/8/2027
Schedule Of Investments [Line Items]
Interest Rate, Floor	[4],[5],[13],[22]			1.00%
Interest Rate, PIK	[4],[5],[13],[22]			4.00%
Interest Rate, Cash	[4],[5],[13],[22]			4.00%
Total Coupon	[4],[5],[13],[22]			12.77%
Maturity	[4],[5],[13],[22]			Jul. 08, 2027
Principal	[4],[5],[13],[22]			$ 1,922,747
Cost	[4],[5],[11],[13],[22]			1,905,105
Fair Value	[4],[5],[12],[13],[22]			$ 1,890,061
Investment, Identifier [Axis]: Debt Investments | Internet Software & Services | InMoment, Inc. | First Lien Term Loan | SOFR(S) | Floor Rate 0.75% | Spread 5.00% cash+ 2.50% PIK | Total Coupon 11.58% | Maturity 6/8/2028
Schedule Of Investments [Line Items]
Interest Rate, Floor	[4],[5],[13],[22]			0.75%
Interest Rate, PIK	[4],[5],[13],[22]			2.50%
Interest Rate, Cash	[4],[5],[13],[22]			5.00%
Total Coupon	[4],[5],[13],[22]			11.58%
Maturity	[4],[5],[13],[22]			Jun. 08, 2028
Principal	[4],[5],[13],[22]			$ 11,460,476
Cost	[4],[5],[11],[13],[22]			11,247,733
Fair Value	[4],[5],[12],[13],[22]			$ 11,195,739
Investment, Identifier [Axis]: Debt Investments | Internet Software & Services | InMoment, Inc. | First Lien Term Loan | SOFR(S) | Floor Rate 0.75% | Spread 5.00% cash+ 2.50% PIK | Total Coupon 12.34% | Maturity 6/8/2028
Schedule Of Investments [Line Items]
Interest Rate, Floor	[2],[3],[9]	0.75%
Interest Rate, PIK	[2],[3],[9]	2.50%
Interest Rate, Cash	[2],[3],[9]	5.00%
Total Coupon	[2],[3],[9]	12.34%
Maturity	[2],[3],[9]	Jun. 08, 2028
Principal	[2],[3],[9]	$ 11,605,782
Cost	[2],[3],[9],[10]	11,409,369
Fair Value	[1],[2],[3],[9]	$ 11,327,243
Investment, Identifier [Axis]: Debt Investments | Internet Software & Services | Magenta Buyer, LLC (McAfee) | First Lien Incremental Term Loan | Fixed | Spread 12.00% | Total Coupon 12.00% | Maturity 7/27/2028
Schedule Of Investments [Line Items]
Interest Rate, Floor		0.00%	[2],[3],[9]	0.00%	[4],[5],[13],[24]
Spread		12.00%	[2],[3],[9]	12.00%	[4],[5],[13],[24]
Total Coupon		12.00%	[2],[3],[9]	12.00%	[4],[5],[13],[24]
Maturity		Jul. 27, 2028	[2],[3],[9]	Jul. 27, 2028	[4],[5],[13],[24]
Principal		$ 1,303,641	[2],[3],[9]	$ 667,101	[4],[5],[13],[24]
Cost		1,189,567	[2],[3],[9],[10]	600,391	[4],[5],[11],[13],[24]
Fair Value		$ 1,055,949	[1],[2],[3],[9]	$ 620,404	[4],[5],[12],[13],[24]
Investment, Identifier [Axis]: Debt Investments | Internet Software & Services | Magenta Buyer, LLC (McAfee) | Second Lien Term Loan | LIBOR(Q) | Floor Rate 0.75% | Spread 8.25% | Total Coupon 12.67% | Maturity 7/27/2029
Schedule Of Investments [Line Items]
Interest Rate, Floor	[4],[5],[13],[24]			0.75%
Spread	[4],[5],[13],[24]			8.25%
Total Coupon	[4],[5],[13],[24]			12.67%
Maturity	[4],[5],[13],[24]			Jul. 27, 2029
Principal	[4],[5],[13],[24]			$ 7,000,000
Cost	[4],[5],[11],[13],[24]			6,913,061
Fair Value	[4],[5],[12],[13],[24]			$ 5,483,310
Investment, Identifier [Axis]: Debt Investments | Internet Software & Services | Magenta Buyer, LLC (McAfee) | Second Lien Term Loan | LIBOR(Q) | Floor Rate 0.75% | Spread 8.25% | Total Coupon 13.53% | Maturity 7/27/2029
Schedule Of Investments [Line Items]
Interest Rate, Floor	[2],[3],[9]	0.75%
Spread	[2],[3],[9]	8.25%
Total Coupon	[2],[3],[9]	13.53%
Maturity	[2],[3],[9]	Jul. 27, 2029
Principal	[2],[3],[9]	$ 7,000,000
Cost	[2],[3],[9],[10]	6,918,149
Fair Value	[1],[2],[3],[9]	$ 4,515,000
Investment, Identifier [Axis]: Debt Investments | Internet Software & Services | Oranje Holdco, Inc. (KnowBe4) | First Lien Revolver | SOFR(Q) | Floor Rate 1.00% | Spread 7.75% | Total Coupon 12.79% | Maturity 2/1/2029
Schedule Of Investments [Line Items]
Interest Rate, Floor	[2],[3],[9]	1.00%
Spread	[2],[3],[9]	7.75%
Total Coupon	[2],[3],[9]	12.79%
Maturity	[2],[3],[9]	Feb. 01, 2029
Principal	[2],[3],[9]	$ 0
Cost	[2],[3],[9],[10]	(9,708)
Fair Value	[1],[2],[3],[9]	$ (7,507)
Investment, Identifier [Axis]: Debt Investments | Internet Software & Services | Oranje Holdco, Inc. (KnowBe4) | First Lien Term Loan | SOFR(Q) | Floor Rate 1.00% | Spread 7.75% | Total Coupon 12.79% | Maturity 2/1/2029
Schedule Of Investments [Line Items]
Interest Rate, Floor	[2],[3],[9]	1.00%
Spread	[2],[3],[9]	7.75%
Total Coupon	[2],[3],[9]	12.79%
Maturity	[2],[3],[9]	Feb. 01, 2029
Principal	[2],[3],[9]	$ 3,336,406
Cost	[2],[3],[9],[10]	3,257,582
Fair Value	[1],[2],[3],[9]	$ 3,276,351
Investment, Identifier [Axis]: Debt Investments | Internet Software & Services | Persado, Inc. | First Lien Delayed Draw Term Loan (6.575% Exit Fee) | SOFR(M) | Floor Rate 1.80% | Spread 7.00% | Total Coupon 11.12% | Maturity 6/10/2027
Schedule Of Investments [Line Items]
Interest Rate, Floor	[4],[5],[13],[14]			1.80%
Spread	[4],[5],[13],[14]			7.00%
Total Coupon	[4],[5],[13],[14]			11.12%
Maturity	[4],[5],[13],[14]			Jun. 10, 2027
Principal	[4],[5],[13],[14]			$ 1,562,500
Cost	[4],[5],[11],[13],[14]			1,552,329
Fair Value	[4],[5],[12],[13],[14]			$ 1,111,570
Investment, Identifier [Axis]: Debt Investments | Internet Software & Services | Persado, Inc. | First Lien Delayed Draw Term Loan (6.575% Exit Fee) | SOFR(M) | Floor Rate 1.80% | Spread 7.50% | Total Coupon 12.66% | Maturity 6/10/2027
Schedule Of Investments [Line Items]
Interest Rate, Floor	[2],[3],[9]	1.80%
Spread	[2],[3],[9]	7.50%
Total Coupon	[2],[3],[9]	12.66%
Maturity	[2],[3],[9]	Jun. 10, 2027
Principal	[2],[3],[9]	$ 1,328,125
Cost	[2],[3],[9],[10]	1,321,098
Fair Value	[1],[2],[3],[9]	$ 1,216,563
Investment, Identifier [Axis]: Debt Investments | Internet Software & Services | Persado, Inc. | First Lien Term Loan (6.575% Exit Fee) | SOFR(M) | Floor Rate 1.80% | Spread 7.00% | Total Coupon 11.12% | Maturity 6/10/2027
Schedule Of Investments [Line Items]
Interest Rate, Floor	[4],[5],[13]			1.80%
Spread	[4],[5],[13]			7.00%
Total Coupon	[4],[5],[13]			11.12%
Maturity	[4],[5],[13]			Jun. 10, 2027
Principal	[4],[5],[13]			$ 5,830,726
Cost	[4],[5],[11],[13]			5,754,713
Fair Value	[4],[5],[12],[13]			$ 5,518,783
Investment, Identifier [Axis]: Debt Investments | Internet Software & Services | Persado, Inc. | First Lien Term Loan (6.575% Exit Fee) | SOFR(M) | Floor Rate 1.80% | Spread 7.50% | Total Coupon 12.66% | Maturity 6/10/2027
Schedule Of Investments [Line Items]
Interest Rate, Floor	[2],[3],[9]	1.80%
Spread	[2],[3],[9]	7.50%
Total Coupon	[2],[3],[9]	12.66%
Maturity	[2],[3],[9]	Jun. 10, 2027
Principal	[2],[3],[9]	$ 4,956,117
Cost	[2],[3],[9],[10]	4,899,712
Fair Value	[1],[2],[3],[9]	$ 4,539,804
Investment, Identifier [Axis]: Debt Investments | Internet Software & Services | Pluralsight, Inc. | First Lien Revolver | LIBOR(M) | Floor Rate 1.00% | Spread 8.00% | Total Coupon 12.36% | Maturity 4/6/2027
Schedule Of Investments [Line Items]
Interest Rate, Floor	[4],[5],[13],[14]			1.00%
Spread	[4],[5],[13],[14]			8.00%
Total Coupon	[4],[5],[13],[14]			12.36%
Maturity	[4],[5],[13],[14]			Apr. 06, 2027
Principal	[4],[5],[13],[14]			$ 465,183
Cost	[4],[5],[11],[13],[14]			451,936
Fair Value	[4],[5],[12],[13],[14]			$ 428,899
Investment, Identifier [Axis]: Debt Investments | Internet Software & Services | Pluralsight, Inc. | First Lien Revolver | SOFR(Q) | Floor Rate 1.00% | Spread 8.00% | Total Coupon 13.04% | Maturity 4/6/2027
Schedule Of Investments [Line Items]
Interest Rate, Floor	[2],[3],[9]	1.00%
Spread	[2],[3],[9]	8.00%
Total Coupon	[2],[3],[9]	13.04%
Maturity	[2],[3],[9]	Apr. 06, 2027
Principal	[2],[3],[9]	$ 465,183
Cost	[2],[3],[9],[10]	453,334
Fair Value	[1],[2],[3],[9]	$ 422,386
Investment, Identifier [Axis]: Debt Investments | Internet Software & Services | Pluralsight, Inc. | First Lien Term Loan | LIBOR(Q) | Floor Rate 1.00% | Spread 8.00% | Total Coupon 11.83% | Maturity 4/6/2027
Schedule Of Investments [Line Items]
Interest Rate, Floor	[4],[5],[13],[14]			1.00%
Spread	[4],[5],[13],[14]			8.00%
Total Coupon	[4],[5],[13],[14]			11.83%
Maturity	[4],[5],[13],[14]			Apr. 06, 2027
Principal	[4],[5],[13],[14]			$ 12,069,635
Cost	[4],[5],[11],[13],[14]			11,881,653
Fair Value	[4],[5],[12],[13],[14]			$ 11,598,919
Investment, Identifier [Axis]: Debt Investments | Internet Software & Services | Pluralsight, Inc. | First Lien Term Loan | SOFR(Q) | Floor Rate 1.00% | Spread 8.00% | Total Coupon 13.04% | Maturity 4/6/2027
Schedule Of Investments [Line Items]
Interest Rate, Floor	[2],[3],[9]	1.00%
Spread	[2],[3],[9]	8.00%
Total Coupon	[2],[3],[9]	13.04%
Maturity	[2],[3],[9]	Apr. 06, 2027
Principal	[2],[3],[9]	$ 12,069,635
Cost	[2],[3],[9],[10]	11,899,910
Fair Value	[1],[2],[3],[9]	$ 11,514,431
Investment, Identifier [Axis]: Debt Investments | Internet Software & Services | Quartz Holding Company (Quick Base) | Second Lien Term Loan | LIBOR(M) | Floor | Spread 8.00% | Total Coupon 12.38% | Maturity 4/2/2027
Schedule Of Investments [Line Items]
Interest Rate, Floor	[4],[5],[13]			0.00%
Spread	[4],[5],[13]			8.00%
Total Coupon	[4],[5],[13]			12.38%
Maturity	[4],[5],[13]			Apr. 02, 2027
Principal	[4],[5],[13]			$ 5,512,958
Cost	[4],[5],[11],[13]			5,446,114
Fair Value	[4],[5],[12],[13]			$ 5,358,595
Investment, Identifier [Axis]: Debt Investments | Internet Software & Services | Quartz Holding Company (Quick Base) | Second Lien Term Loan | SOFR(M) | Spread 8.00% | Total Coupon 13.20% | Maturity 4/2/2027
Schedule Of Investments [Line Items]
Interest Rate, Floor	[2],[3],[9]	0.00%
Spread	[2],[3],[9]	8.00%
Total Coupon	[2],[3],[9]	13.20%
Maturity	[2],[3],[9]	Apr. 02, 2027
Principal	[2],[3],[9]	$ 5,512,958
Cost	[2],[3],[9],[10]	5,454,805
Fair Value	[1],[2],[3],[9]	$ 5,485,393
Investment, Identifier [Axis]: Debt Investments | Internet Software & Services | Reveal Data Corporation et al | First Lien FILO Term Loan | SOFR(S) | Floor Rate 1.00% | Spread 6.50% | Total Coupon 10.22% | Maturity 3/9/2028
Schedule Of Investments [Line Items]
Interest Rate, Floor	[2],[3],[9]	1.00%
Spread	[2],[3],[9]	6.50%
Total Coupon	[2],[3],[9]	10.22%
Maturity	[2],[3],[9]	Mar. 09, 2028
Principal	[2],[3],[9]	$ 2,814,549
Cost	[2],[3],[9],[10]	2,758,537
Fair Value	[1],[2],[3],[9]	$ 2,743,905
Investment, Identifier [Axis]: Debt Investments | Internet Software & Services | Reveal Data Corporation et al | First Lien FILO Term Loan | SOFR(S) | Floor Rate 1.00% | Spread 6.50% | Total Coupon 9.92% | Maturity 3/9/2028
Schedule Of Investments [Line Items]
Interest Rate, Floor	[4],[5],[13]			1.00%
Spread	[4],[5],[13]			6.50%
Total Coupon	[4],[5],[13]			9.92%
Maturity	[4],[5],[13]			Mar. 09, 2028
Principal	[4],[5],[13]			$ 2,814,549
Cost	[4],[5],[11],[13]			2,752,981
Fair Value	[4],[5],[12]			$ 2,721,951
Investment, Identifier [Axis]: Debt Investments | Internet Software & Services | Sailpoint Technologies Holdings, Inc. | First Lien Revolver | SOFR(M) | Floor Rate 0.75% | Spread 6.25% | Total Coupon 10.58% | Maturity 8/16/2028
Schedule Of Investments [Line Items]
Interest Rate, Floor	[4],[5],[13],[14]			0.75%
Spread	[4],[5],[13],[14]			6.25%
Total Coupon	[4],[5],[13],[14]			10.58%
Maturity	[4],[5],[13],[14]			Aug. 16, 2028
Principal	[4],[5],[13],[14]			$ 0
Cost	[4],[5],[11],[13],[14]			(6,262)
Fair Value	[4],[5],[12],[13],[14]			$ (9,712)
Investment, Identifier [Axis]: Debt Investments | Internet Software & Services | Sailpoint Technologies Holdings, Inc. | First Lien Revolver | SOFR(M) | Floor Rate 0.75% | Spread 6.25% | TotalCoupon 11.35% | Maturity 8/16/2028
Schedule Of Investments [Line Items]
Interest Rate, Floor	[2],[3],[9]	0.75%
Spread	[2],[3],[9]	6.25%
Total Coupon	[2],[3],[9]	11.35%
Maturity	[2],[3],[9]	Aug. 16, 2028
Principal	[2],[3],[9]	$ 0
Cost	[2],[3],[9],[10]	(5,710)
Fair Value	[1],[2],[3],[9]	$ (2,470)
Investment, Identifier [Axis]: Debt Investments | Internet Software & Services | Sailpoint Technologies Holdings, Inc. | First Lien Term Loan | SOFR(M) | Floor Rate 0.75% | Spread 6.25% | Total Coupon 10.58% | Maturity 8/16/2029
Schedule Of Investments [Line Items]
Interest Rate, Floor	[4],[5],[13]			0.75%
Spread	[4],[5],[13]			6.25%
Total Coupon	[4],[5],[13]			10.58%
Maturity	[4],[5],[13]			Aug. 16, 2029
Principal	[4],[5],[13]			$ 4,111,714
Cost	[4],[5],[11],[13]			4,031,739
Fair Value	[4],[5],[12],[13]			$ 3,987,129
Investment, Identifier [Axis]: Debt Investments | Internet Software & Services | Sailpoint Technologies Holdings, Inc. | First Lien Term Loan | SOFR(M) | Floor Rate 0.75% | Spread 6.25% | Total Coupon 11.35% | Maturity 8/16/2029
Schedule Of Investments [Line Items]
Interest Rate, Floor	[2],[3],[9]	0.75%
Spread	[2],[3],[9]	6.25%
Total Coupon	[2],[3],[9]	11.35%
Maturity	[2],[3],[9]	Aug. 16, 2029
Principal	[2],[3],[9]	$ 4,111,714
Cost	[2],[3],[9],[10]	4,037,431
Fair Value	[1],[2],[3],[9]	$ 4,085,810
Investment, Identifier [Axis]: Debt Investments | Internet Software & Services | Spartan Bidco Pty Ltd (StarRez) (Australia) | First Lien Term Loan | SOFR(Q) | Floor Rate 0.75% | Spread 0.75% cash + 6.25% PIK | Total Coupon 12.22% | Maturity 1/24/2028
Schedule Of Investments [Line Items]
Interest Rate, Floor	[2],[3],[9]	0.75%
Interest Rate, PIK	[2],[3],[9]	6.25%
Interest Rate, Cash	[2],[3],[9]	0.75%
Total Coupon	[2],[3],[9]	12.22%
Maturity	[2],[3],[9]	Jan. 24, 2028
Principal	[2],[3],[9]	$ 3,967,055
Cost	[2],[3],[9],[10]	3,901,592
Fair Value	[1],[2],[3],[9]	$ 3,895,648
Investment, Identifier [Axis]: Debt Investments | Internet Software & Services | Spartan Bidco Pty Ltd (StarRez) (Australia) | First Lien Term Loan | SOFR(Q) | Floor Rate 0.75% | Spread 0.75% cash + 6.50% PIK | Total Coupon 11.46% | Maturity 1/24/2028
Schedule Of Investments [Line Items]
Interest Rate, Floor	[4],[5],[13],[19],[22],[32]			0.75%
Interest Rate, PIK	[4],[5],[13],[19],[22],[32]			6.50%
Interest Rate, Cash	[4],[5],[13],[19],[22],[32]			0.75%
Total Coupon	[4],[5],[13],[19],[22],[32]			11.46%
Maturity	[4],[5],[13],[19],[22],[32]			Jan. 24, 2028
Principal	[4],[5],[13],[19],[22],[32]			$ 3,845,195
Cost	[4],[5],[11],[13],[19],[22],[32]			3,774,506
Fair Value	[4],[5],[12],[13],[19],[22],[32]			$ 3,736,760
Investment, Identifier [Axis]: Debt Investments | Internet Software & Services | Suited Connector, LLC | First Lien Delayed Draw Term Loan | LIBOR(S) | Floor Rate 1.00% | Spread 6.00% | Total Coupon 10.92% | Maturity 12/1/2027
Schedule Of Investments [Line Items]
Interest Rate, Floor	[4],[5],[13],[14]			1.00%
Spread	[4],[5],[13],[14]			6.00%
Total Coupon	[4],[5],[13],[14]			10.92%
Maturity	[4],[5],[13],[14]			Dec. 01, 2027
Principal	[4],[5],[13],[14]			$ 0
Cost	[4],[5],[11],[13],[14]			(2,185)
Fair Value	[4],[5],[12],[13],[14]			$ (67,500)
Investment, Identifier [Axis]: Debt Investments | Internet Software & Services | Suited Connector, LLC | First Lien Revolver | LIBOR(S) | Floor Rate 1.00% | Spread 6.00% | Total Coupon 10.98% | Maturity 12/1/2027
Schedule Of Investments [Line Items]
Interest Rate, Floor	[4],[5],[13]			1.00%
Spread	[4],[5],[13]			6.00%
Total Coupon	[4],[5],[13]			10.98%
Maturity	[4],[5],[13]			Dec. 01, 2027
Principal	[4],[5],[13]			$ 227,273
Cost	[4],[5],[11],[13]			223,453
Fair Value	[4],[5],[12],[13]			$ 182,273
Investment, Identifier [Axis]: Debt Investments | Internet Software & Services | Suited Connector, LLC | First Lien Revolver | SOFR(S) | Floor Rate 1.00% | Spread 6.00% Cash + 2.00% PIK | Total Coupon 13.36% | Maturity 12/1/2027
Schedule Of Investments [Line Items]
Interest Rate, Floor	[2],[3],[9]	1.00%
Interest Rate, PIK	[2],[3],[9]	2.00%
Interest Rate, Cash	[2],[3],[9]	6.00%
Total Coupon	[2],[3],[9]	13.36%
Maturity	[2],[3],[9]	Dec. 01, 2027
Principal	[2],[3],[9]	$ 231,387
Cost	[2],[3],[9],[10]	227,846
Fair Value	[1],[2],[3],[9]	$ 168,449
Investment, Identifier [Axis]: Debt Investments | Internet Software & Services | Suited Connector, LLC | First Lien Term Loan | LIBOR(S) | Floor Rate 1.00% | Spread 6.00% | Total Coupon 10.92% | Maturity 12/1/2027
Schedule Of Investments [Line Items]
Interest Rate, Floor	[4],[5],[13]			1.00%
Spread	[4],[5],[13]			6.00%
Total Coupon	[4],[5],[13]			10.92%
Maturity	[4],[5],[13]			Dec. 01, 2027
Principal	[4],[5],[13]			$ 1,396,023
Cost	[4],[5],[11],[13]			1,371,786
Fair Value	[4],[5],[12],[13]			$ 1,119,610
Investment, Identifier [Axis]: Debt Investments | Internet Software & Services | Suited Connector, LLC | First Lien Term Loan | SOFR(S) | Floor Rate 1.00% | Spread 6.00% cash + 2.00% PIK | Total Coupon 13.31% | Maturity 12/1/2027
Schedule Of Investments [Line Items]
Interest Rate, Floor	[2],[3],[9]	1.00%
Interest Rate, PIK	[2],[3],[9]	2.00%
Interest Rate, Cash	[2],[3],[9]	6.00%
Total Coupon	[2],[3],[9]	13.31%
Maturity	[2],[3],[9]	Dec. 01, 2027
Principal	[2],[3],[9]	$ 1,403,137
Cost	[2],[3],[9],[10]	1,380,555
Fair Value	[1],[2],[3],[9],[17]	$ 1,021,483
Investment, Identifier [Axis]: Debt Investments | Leisure Products | Peloton Interactive, Inc. | First Lien Term Loan | SOFR(S) | Floor Rate 0.50% | Spread 7.00% | Total Coupon 11.76% | Maturity 5/25/2027
Schedule Of Investments [Line Items]
Interest Rate, Floor	[4],[5],[13],[18],[24]			0.50%
Spread	[4],[5],[13],[18],[24]			7.00%
Total Coupon	[4],[5],[13],[18],[24]			11.76%
Maturity	[4],[5],[13],[18],[24]			May 25, 2027
Principal	[4],[5],[13],[18],[24]			$ 2,631,567
Cost	[4],[5],[13],[18],[24]			2,542,648
Fair Value	[4],[5],[13],[18],[24]			2,581,119
Investment, Identifier [Axis]: Debt Investments | Leisure Products | Peloton Interactive, Inc. | First Lien Term Loan | SOFR(S) | Floor Rate 0.50% | Spread 7.00% | Total Coupon 12.26% | Maturity 5/25/2027
Schedule Of Investments [Line Items]
Interest Rate, Floor	[2],[3],[9]	0.50%
Spread	[2],[3],[9]	7.00%
Total Coupon	[2],[3],[9]	12.26%
Maturity	[2],[3],[9]	May 25, 2027
Principal	[2],[3],[9]	$ 2,618,343
Cost	[2],[3],[9],[10]	2,539,706
Fair Value	[1],[2],[3],[9]	2,605,251
Investment, Identifier [Axis]: Debt Investments | Life Sciences Tools & Services
Schedule Of Investments [Line Items]
Cost		2,103,924	[2],[3],[9],[10]	2,108,923	[11]
Fair Value		$ 2,164,614	[1],[2],[3],[9]	$ 2,108,529	[12]
Investment, Identifier [Axis]: Debt Investments | Life Sciences Tools & Services | Alcami Corporation | First Lien Delayed Draw Term Loan | SOFR(M) | Floor Rate 1.00% | Spread 7.00% | Total Coupon 11.42% | Maturity 12/21/2028
Schedule Of Investments [Line Items]
Interest Rate, Floor	[4],[5],[13],[14]			1.00%
Spread	[4],[5],[14]			7.00%
Total Coupon	[4],[5],[14]			11.42%
Maturity	[4],[5],[14]			Dec. 21, 2028
Principal	[4],[5],[14]			$ 0
Cost	[11],[14]			(6,392)
Fair Value	[12],[14]			$ (6,423)
Investment, Identifier [Axis]: Debt Investments | Life Sciences Tools & Services | Alcami Corporation | First Lien Revolver | SOFR(M) | Floor Rate 1.00% | Spread 7.00% | Total Coupon 11.42% | Maturity 12/21/2028
Schedule Of Investments [Line Items]
Interest Rate, Floor	[4],[5],[13],[14]			1.00%
Spread	[4],[5],[14]			7.00%
Total Coupon	[4],[5],[14]			11.42%
Maturity	[4],[5],[14]			Dec. 21, 2028
Principal	[4],[5],[14]			$ 0
Cost	[11],[14]			(10,228)
Fair Value	[12],[14]			$ (10,277)
Investment, Identifier [Axis]: Debt Investments | Life Sciences Tools & Services | Alcami Corporation | First Lien Revolver | SOFR(M) | Floor Rate 1.00% | Spread 7.00% | Total Coupon 12.20% | Maturity 12/21/2028
Schedule Of Investments [Line Items]
Interest Rate, Floor	[2],[3],[9]	1.00%
Spread	[2],[3],[9]	7.00%
Total Coupon	[2],[3],[9]	12.20%
Maturity	[2],[3],[9]	Dec. 21, 2028
Principal	[2],[3],[9]	$ 0
Cost	[2],[3],[9],[10]	(9,401)
Fair Value	[1],[2],[3],[9]	$ (2,936)
Investment, Identifier [Axis]: Debt Investments | Life Sciences Tools & Services | Alcami Corporation | First Lien Term Loan | SOFR(M) | Floor Rate 1.00% | Spread 7.00% | Total Coupon 11.42% | Maturity 12/21/2028
Schedule Of Investments [Line Items]
Interest Rate, Floor	[5],[13]			1.00%
Spread	[5]			7.00%
Total Coupon	[5]			11.42%
Maturity	[5]			Dec. 21, 2028
Principal	[5]			$ 2,202,309
Cost	[5],[11]			2,125,543
Fair Value	[5],[12]			2,125,229
Investment, Identifier [Axis]: Debt Investments | Life Sciences Tools & Services | Alcami Corporation | First Lien Term Loan | SOFR(M) | Floor Rate 1.00% | Spread 7.00% | Total Coupon 12.20% | Maturity12/21/2028
Schedule Of Investments [Line Items]
Interest Rate, Floor	[2],[3],[9]	1.00%
Spread	[2],[3],[9]	7.00%
Total Coupon	[2],[3],[9]	12.20%
Maturity	[2],[3],[9]	Dec. 21, 2028
Principal	[2],[3],[9]	$ 2,191,298
Cost	[2],[3],[9],[10]	2,119,217
Fair Value	[1],[2],[3],[9]	$ 2,169,385
Investment, Identifier [Axis]: Debt Investments | Life Sciences Tools & Services| Alcami Corporation | First Lien Delayed Draw Term Loan | SOFR(M) | Floor Rate 1.00% | Spread 7.00% | Total Coupon 12.20%| Maturity 12/21/2028
Schedule Of Investments [Line Items]
Interest Rate, Floor	[2],[3],[9]	1.00%
Spread	[2],[3],[9]	7.00%
Total Coupon	[2],[3],[9]	12.20%
Maturity	[2],[3],[9]	Dec. 21, 2028
Principal	[2],[3],[9]	$ 0
Cost	[2],[3],[9],[10]	(5,892)
Fair Value	[1],[2],[3],[9]	(1,835)
Investment, Identifier [Axis]: Debt Investments | Machinery
Schedule Of Investments [Line Items]
Cost		6,060,048	[2],[3],[9],[10]	5,210,880	[4],[5],[11]
Fair Value		$ 6,072,276	[1],[2],[3],[9]	$ 5,338,545	[4],[5],[12]
Investment, Identifier [Axis]: Debt Investments | Machinery Sonnys Enterprises, LLC | First Lien Delayed Draw Term Loan | SOFR(Q) | Floor Rate 1.00% | Spread 6.75% | Total Coupon 10.99% | Maturity 8/5/2026
Schedule Of Investments [Line Items]
Interest Rate, Floor	[4],[5],[13]			1.00%
Spread	[4],[5]			6.75%
Total Coupon	[4],[5]			10.99%
Maturity	[4],[5]			Aug. 05, 2026
Principal	[4],[5]			$ 3,855,495
Cost	[4],[5],[11]			3,801,066
Fair Value	[4],[5],[12]			$ 3,894,050
Investment, Identifier [Axis]: Debt Investments | Machinery Sonnys Enterprises, LLC | First Lien Term Loan | SOFR(Q) | Floor Rate 1.00% | Spread 6.75% | Total Coupon 10.99% | Maturity 8/5/2026
Schedule Of Investments [Line Items]
Interest Rate, Floor	[4],[5],[13]			1.00%
Spread	[4],[5]			6.75%
Total Coupon	[4],[5]			10.99%
Maturity	[4],[5]			Aug. 05, 2026
Principal	[4],[5]			$ 1,430,193
Cost	[4],[5],[11]			1,409,814
Fair Value	[4],[5],[12]			1,444,495
Investment, Identifier [Axis]: Debt Investments | Machinery | Sonnys Enterprises, LLC | First Lien Delayed Draw Term Loan | SOFR(Q) | Floor Rate 1.00% | Spread 6.75% | Total Coupon 11.96% | Maturity 8/5/2028
Schedule Of Investments [Line Items]
Interest Rate, Floor	[2],[3],[9]	1.00%
Spread	[2],[3],[9]	6.75%
Total Coupon	[2],[3],[9]	11.96%
Maturity	[2],[3],[9]	Aug. 05, 2028
Principal	[2],[3],[9]	$ 0
Cost	[2],[3],[9],[10]	(4,970)
Fair Value	[1],[2],[3],[9]	$ (3,886)
Investment, Identifier [Axis]: Debt Investments | Machinery | Sonnys Enterprises, LLC | First Lien Revolver | SOFR(Q) | Floor Rate 1.00% | Spread 6.75% | Total Coupon 11.96% | Maturity 8/5/2027
Schedule Of Investments [Line Items]
Interest Rate, Floor	[2],[3],[9]	1.00%
Spread	[2],[3],[9]	6.75%
Total Coupon	[2],[3],[9]	11.96%
Maturity	[2],[3],[9]	Aug. 05, 2027
Principal	[2],[3],[9]	$ 0
Cost	[2],[3],[9],[10]	(4,273)
Fair Value	[1],[2],[3],[9]	$ (3,368)
Investment, Identifier [Axis]: Debt Investments | Machinery | Sonnys Enterprises, LLC | First Lien Term Loan | SOFR(Q) | Floor Rate 1.00% | Spread 6.75% | Total Coupon 11.96% | Maturity 8/5/2028
Schedule Of Investments [Line Items]
Interest Rate, Floor	[2],[3],[9]	1.00%
Spread	[2],[3],[9]	6.75%
Total Coupon	[2],[3],[9]	11.96%
Maturity	[2],[3],[9]	Aug. 05, 2028
Principal	[2],[3],[9]	$ 6,197,278
Cost	[2],[3],[9],[10]	6,069,291
Fair Value	[1],[2],[3],[9]	6,079,530
Investment, Identifier [Axis]: Debt Investments | Media
Schedule Of Investments [Line Items]
Cost		7,490,430	[2],[3],[9],[10]	6,835,091	[4],[5],[11]
Fair Value		$ 6,515,746	[1],[2],[3],[9]	$ 5,969,099	[4],[5],[12]
Investment, Identifier [Axis]: Debt Investments | Media | NEP Group, Inc. et al | First Lien Term Loan | SOFR(M) | Spread 3.75% | Total Coupon 8.47% | Maturity 10/20/2025
Schedule Of Investments [Line Items]
Interest Rate, Floor	[2],[3],[9]	0.00%
Spread	[2],[3],[9]	3.25%
Total Coupon	[2],[3],[9]	8.47%
Maturity	[2],[3],[9]	Oct. 20, 2025
Principal	[2],[3],[9]	$ 658,609
Cost	[2],[3],[9]	607,272
Fair Value	[2],[3],[9]	$ 589,949
Investment, Identifier [Axis]: Debt Investments | Media | NEP Group, Inc. et al | Second Lien Term Loan | SOFR(M) | Spread 7.00% | Total Coupon 12.22% | Maturity 10/19/2026
Schedule Of Investments [Line Items]
Interest Rate, Floor	[2],[3],[9]	0.00%
Spread	[2],[3],[9]	7.00%
Total Coupon	[2],[3],[9]	12.22%
Maturity	[2],[3],[9]	Oct. 19, 2026
Principal	[2],[3],[9]	$ 3,131,760
Cost	[2],[3],[9],[10]	2,943,355
Fair Value	[1],[2],[3],[9]	$ 2,248,353
Investment, Identifier [Axis]: Debt Investments | Media | NEP II, Inc. | Second Lien Term Loan | LIBOR(M) | Spread 7.00% | Total Coupon 11.38% | Maturity 10/19/2026
Schedule Of Investments [Line Items]
Interest Rate, Floor	[4],[5],[13],[24]			0.00%
Spread	[4],[5],[24]			7.00%
Total Coupon	[4],[5],[24]			11.38%
Maturity	[4],[5],[24]			Oct. 19, 2026
Principal	[4],[5],[24]			$ 3,131,760
Cost	[4],[5],[11],[24]			2,921,510
Fair Value	[4],[5],[12],[24]			$ 2,274,441
Investment, Identifier [Axis]: Debt Investments | Media | Streamland Media Midco LLC | First Lien Delayed Draw Term Loan | SOFR(Q) | Floor Rate 1.00% | Spread 6.75% | Total Coupon 11.11% | Maturity 8/31/2023
Schedule Of Investments [Line Items]
Interest Rate, Floor	[4],[5],[13],[14]			1.00%
Spread	[4],[5],[14]			6.75%
Total Coupon	[4],[5],[14]			11.11%
Maturity	[4],[5],[14]			Aug. 31, 2023
Principal	[4],[5],[14]			$ 0
Cost	[4],[5],[11],[14]			(1,460)
Fair Value	[4],[5],[12],[14]			$ (5,520)
Investment, Identifier [Axis]: Debt Investments | Media | Streamland Media Midco LLC | First Lien Term Loan | SOFR(Q) | Floor Rate 1.00% | Spread 6.75% | Total Coupon 11.11% | Maturity 8/31/2023
Schedule Of Investments [Line Items]
Interest Rate, Floor	[13]			1.00%
Spread	[4],[5]			6.75%
Total Coupon	[4],[5]			11.11%
Maturity	[4],[5]			Aug. 31, 2023
Principal	[4],[5]			$ 379,050
Cost	[4],[5],[11]			374,456
Fair Value	[4],[5],[12]			$ 361,614
Investment, Identifier [Axis]: Debt Investments | Media | Streamland Media Midco LLC | First Lien Term Loan | SOFR(Q) | Floor Rate 1.00% | Spread 6.75% | Total Coupon 12.06% | Maturity 8/31/2023
Schedule Of Investments [Line Items]
Interest Rate, Floor	[2],[3],[9]	1.00%
Spread	[2],[3],[9]	6.75%
Total Coupon	[2],[3],[9]	12.06%
Maturity	[2],[3],[9]	Aug. 31, 2023
Principal	[2],[3],[9]	$ 377,150
Cost	[2],[3],[9],[10]	376,011
Fair Value	[1],[2],[3],[9]	$ 362,064
Investment, Identifier [Axis]: Debt Investments | Media | Terraboost Media Operating Company, LLC | First Lien Term Loan | SOFR(Q) | Floor Rate 1.00% | Spread 6.50% | Total Coupon 11.89 % | Maturity 8/23/2026
Schedule Of Investments [Line Items]
Interest Rate, Floor	[2],[3],[9]	1.00%
Spread	[2],[3],[9]	6.50%
Total Coupon	[2],[3],[9]	11.89%
Maturity	[2],[3],[9]	Aug. 23, 2026
Principal	[2],[3],[9]	$ 3,615,463
Cost	[2],[3],[9],[10]	3,563,792
Fair Value	[1],[2],[3],[9]	3,315,380
Investment, Identifier [Axis]: Debt Investments | Media | Terraboost Media Operating Company, LLC | First Lien Term Loan | SOFR(Q) | Floor Rate 1.00% | Spread 6.50% | Total Coupon 8.14 % | Maturity 8/23/2026
Schedule Of Investments [Line Items]
Interest Rate, Floor	[4],[5],[13]			1.00%
Spread	[4],[5]			6.50%
Total Coupon	[4],[5]			8.14%
Maturity	[4],[5]			Aug. 23, 2026
Principal	[4],[5]			$ 3,601,472
Cost	[4],[5],[11]			3,540,585
Fair Value	[4],[5],[12]			$ 3,338,564
Investment, Identifier [Axis]: Debt Investments | Metals & Mining | Kemmerer Operations, LLC (WMLP) | First Lien Term Loan | Fixed | Floor Rate 0.00% | Spread 15.00% PIK | Total Coupon 15.00 % | Maturity 6/21/2023
Schedule Of Investments [Line Items]
Interest Rate, Floor	[4],[5],[13],[14],[22],[32]			0.00%
Interest Rate, PIK	[4],[5],[14],[22],[32]			15.00%
Total Coupon	[4],[5],[14],[22],[32]			15.00%
Maturity	[4],[5],[14],[22],[32]			Jun. 21, 2023
Principal	[4],[5],[14],[22],[32]			$ 1,956,190
Cost	[4],[5],[11],[14],[22],[32]			1,956,190
Fair Value	[4],[5],[12],[14],[22],[32]			1,956,190
Investment, Identifier [Axis]: Debt Investments | Paper & Forest Products
Schedule Of Investments [Line Items]
Cost		13,373,951	[2],[3],[9],[10]	9,849,424	[4],[5],[11]
Fair Value		$ 13,251,641	[1],[2],[3],[9]	$ 9,547,415	[4],[5],[12]
Investment, Identifier [Axis]: Debt Investments | Paper & Forest Products | Alpine Acquisition Corp II (48Forty) | First Lien Revolver | SOFR(M) | Floor Rate 1.00% | Spread 5.75% | Total Coupon 11.01% | Maturity 11/30/2026
Schedule Of Investments [Line Items]
Interest Rate, Floor	[2],[3],[9]	1.00%
Spread	[2],[3],[9]	5.75%
Total Coupon	[2],[3],[9]	11.01%
Maturity	[2],[3],[9]	Nov. 30, 2026
Principal	[2],[3],[9]	$ 134,008
Cost	[2],[3],[9],[10]	119,338
Fair Value	[1],[2],[3],[9]	$ 114,844
Investment, Identifier [Axis]: Debt Investments | Paper & Forest Products | Alpine Acquisition Corp II (48Forty) | First Lien Revolver | SOFR(Q) | Floor Rate 1.00% | Spread 5.50% | Total Coupon 9.76 % | Maturity 11/30/2026
Schedule Of Investments [Line Items]
Interest Rate, Floor	[4],[5],[13],[14]			1.00%
Spread	[4],[5],[14]			5.50%
Total Coupon	[4],[5],[14]			9.76%
Maturity	[4],[5],[14]			Nov. 30, 2026
Principal	[4],[5],[14]			$ 0
Cost	[4],[5],[11],[14]			(16,709)
Fair Value	[4],[5],[12],[14]			$ (32,229)
Investment, Identifier [Axis]: Debt Investments | Paper & Forest Products | Alpine Acquisition Corp II (48Forty) | First Lien Term Loan | SOFR(M) | Floor Rate 1.00% | Spread 5.75% | Total Coupon 11.01% | Maturity 11/30/2026
Schedule Of Investments [Line Items]
Interest Rate, Floor	[2],[3],[9]	1.00%
Spread	[2],[3],[9]	5.75%
Total Coupon	[2],[3],[9]	11.01%
Maturity	[2],[3],[9]	Nov. 30, 2026
Principal	[2],[3],[9]	$ 10,013,136
Cost	[2],[3],[9],[10]	9,833,755
Fair Value	[1],[2],[3],[9]	$ 9,726,761
Investment, Identifier [Axis]: Debt Investments | Paper & Forest Products | Alpine Acquisition Corp II (48Forty) | First Lien Term Loan | SOFR(Q) | Floor Rate 1.00% | Spread 5.50% | Total Coupon 9.76 % | Maturity 11/30/2026
Schedule Of Investments [Line Items]
Interest Rate, Floor	[4],[5],[13]			1.00%
Spread	[4],[5]			5.50%
Total Coupon	[4],[5]			9.76%
Maturity	[4],[5]			Nov. 30, 2026
Principal	[4],[5]			$ 10,063,709
Cost	[4],[5],[11]			9,866,133
Fair Value	[4],[5],[12]			9,579,644
Investment, Identifier [Axis]: Debt Investments | Paper & Forest Products | FSK Pallet Holding Corp. (Kamps) | First Lien Term Loan | SOFR(Q) | Floor Rate 1.25% | Spread 6.00% | Total Coupon 11.04% | Maturity 12/23/2026
Schedule Of Investments [Line Items]
Interest Rate, Floor	[2],[3],[9]	1.25%
Spread	[2],[3],[9]	6.00%
Total Coupon	[2],[3],[9]	11.04%
Maturity	[2],[3],[9]	Dec. 23, 2026
Principal	[2],[3],[9]	$ 3,516,226
Cost	[2],[3],[9],[10]	3,420,858
Fair Value	[1],[2],[3],[9]	3,410,036
Investment, Identifier [Axis]: Debt Investments | Professional Services
Schedule Of Investments [Line Items]
Cost		41,818,917	[2],[3],[9],[10]	41,780,199	[4],[5],[11]
Fair Value		$ 41,119,851	[1],[2],[3],[9]	$ 40,804,744	[4],[5],[12]
Investment, Identifier [Axis]: Debt Investments | Professional Services | DTI Holdco, Inc. (Epiq Systems, Inc.) | Second Lien Term Loan | SOFR(Q) | Floor Rate 0.75% | Spread 7.75% | Total Coupon 11.84% | Maturity 4/26/2030
Schedule Of Investments [Line Items]
Interest Rate, Floor	[4],[5],[13],[24]			0.75%
Spread	[4],[5],[24]			7.75%
Total Coupon	[4],[5],[24]			11.84%
Maturity	[4],[5],[24]			Apr. 26, 2030
Principal	[4],[5],[24]			$ 5,007,465
Cost	[4],[5],[11],[24]			4,913,512
Fair Value	[4],[5],[12],[24]			$ 4,586,000
Investment, Identifier [Axis]: Debt Investments | Professional Services | GI Consilio Parent, LLC | Second Lien Term Loan | LIBOR(M) | Floor Rate 0.50% | Spread 7.50% | Total Coupon 11.88% | Maturity 5/14/2029
Schedule Of Investments [Line Items]
Interest Rate, Floor	[4],[5],[13]			0.50%
Spread	[4],[5]			7.50%
Total Coupon	[4],[5]			11.88%
Maturity	[4],[5]			May 14, 2029
Principal	[4],[5]			$ 5,000,000
Cost	[4],[5],[11]			4,959,969
Fair Value	[4],[5],[12]			$ 4,795,000
Investment, Identifier [Axis]: Debt Investments | Professional Services | GI Consilio Parent, LLC | Second Lien Term Loan | LIBOR(M) | Floor Rate 0.50% | Spread 7.50% | Total Coupon 12.69% | Maturity 5/14/2029
Schedule Of Investments [Line Items]
Interest Rate, Floor	[2],[3],[9]	0.50%
Spread	[2],[3],[9]	7.50%
Total Coupon	[2],[3],[9]	12.69%
Maturity	[2],[3],[9]	May 14, 2029
Principal	[2],[3],[9]	$ 5,000,000
Cost	[2],[3],[9],[10]	4,966,445
Fair Value	[1],[2],[3],[9]	$ 4,885,000
Investment, Identifier [Axis]: Debt Investments | Professional Services | ICIMS, Inc. | First Lien Delayed Draw Term Loan | SOFR(Q) | Floor Rate 0.75% | Spread 3.38% Cash + 3.88% PIK | Total Coupon 11.52% | Maturity 8/18/2028
Schedule Of Investments [Line Items]
Interest Rate, Floor	[4],[5],[13],[14],[22]			0.75%
Interest Rate, PIK	[4],[5],[14],[22]			3.88%
Interest Rate, Cash	[4],[5],[14],[22]			3.38%
Total Coupon	[4],[5],[14],[22]			11.52%
Maturity	[4],[5],[14],[22]			Aug. 18, 2028
Principal	[4],[5],[14],[22]			$ 0
Cost	[4],[5],[11],[14],[22]			0
Fair Value	[4],[5],[12],[14],[22]			$ (111,339)
Investment, Identifier [Axis]: Debt Investments | Professional Services | ICIMS, Inc. | First Lien Delayed Draw Term Loan | SOFR(Q) | Floor Rate 0.75% | Spread 3.38% Cash + 3.88% PIK | Total Coupon 12.38% | Maturity 8/18/2028
Schedule Of Investments [Line Items]
Interest Rate, Floor	[2],[3],[9],[15],[17]	0.75%
Interest Rate, PIK	[2],[3],[9],[15],[17]	3.88%
Interest Rate, Cash	[2],[3],[9],[15],[17]	3.38%
Total Coupon	[2],[3],[9],[15],[17]	12.38%
Maturity	[2],[3],[9],[15],[17]	Aug. 18, 2028
Principal	[2],[3],[9],[15],[17]	$ 221,336
Cost	[2],[3],[9],[10],[15],[17]	221,336
Fair Value	[1],[2],[3],[9],[15],[17]	$ 200,772
Investment, Identifier [Axis]: Debt Investments | Professional Services | ICIMS, Inc. | First Lien Revolver | SOFR(Q) | Floor Rate 0.75% | Spread 6.75% | Total Coupon 11.02% | Maturity 8/18/2028
Schedule Of Investments [Line Items]
Interest Rate, Floor	[4],[5],[13]			0.75%
Spread	[4],[5]			6.75%
Total Coupon	[4],[5]			11.02%
Maturity	[4],[5]			Aug. 18, 2028
Principal	[4],[5]			$ 0
Cost	[4],[5],[11]			(17,307)
Fair Value	[4],[5],[12]			$ (39,921)
Investment, Identifier [Axis]: Debt Investments | Professional Services | ICIMS, Inc. | First Lien Revolver | SOFR(Q) | Floor Rate 0.75% | Spread 6.75% | Total Coupon 11.99% | Maturity 8/18/2028
Schedule Of Investments [Line Items]
Interest Rate, Floor	[2],[3],[9],[15]	0.75%
Spread	[2],[3],[9],[15]	6.75%
Total Coupon	[2],[3],[9],[15]	11.99%
Maturity	[2],[3],[9],[15]	Aug. 18, 2028
Principal	[2],[3],[9],[15]	$ 175,907
Cost	[2],[3],[9],[10],[15]	160,122
Fair Value	[1],[2],[3],[9],[15]	$ 168,534
Investment, Identifier [Axis]: Debt Investments | Professional Services | ICIMS, Inc. | First Lien Term Loan | SOFR(Q) | Floor Rate 0.75% | Spread 3.38% Cash + 3.88% PIK | Total Coupon 12.38% | Maturity 8/18/2028
Schedule Of Investments [Line Items]
Interest Rate, Floor	[2],[3],[9],[17]	0.75%
Interest Rate, PIK	[2],[3],[9],[17]	3.88%
Interest Rate, Cash	[2],[3],[9],[17]	3.38%
Total Coupon	[2],[3],[9],[17]	12.38%
Maturity	[2],[3],[9],[17]	Aug. 18, 2028
Principal	[2],[3],[9],[17]	$ 11,060,029
Cost	[2],[3],[9],[10],[17]	10,889,671
Fair Value	[1],[2],[3],[9],[17]	$ 10,982,609
Investment, Identifier [Axis]: Debt Investments | Professional Services | ICIMS, Inc. | First Lien Term Loan | SOFR(Q) | Floor Rate 0.75% |Spread 3.38% Cash + 3.88% PIK | Total Coupon 11.52% | Maturity 8/18/2028
Schedule Of Investments [Line Items]
Interest Rate, Floor	[4],[5],[13],[22]			0.75%
Interest Rate, PIK	[4],[5],[22]			3.88%
Interest Rate, Cash	[4],[5],[22]			3.38%
Total Coupon	[4],[5],[22]			11.52%
Maturity	[4],[5],[22]			Aug. 18, 2028
Principal	[4],[5],[22]			$ 11,060,029
Cost	[4],[5],[11],[22]			10,873,218
Fair Value	[4],[5],[12],[22]			$ 10,640,854
Investment, Identifier [Axis]: Debt Investments | Professional Services | JobandTalent USA, Inc. (United Kingdom) | First Lien Delayed Draw Term Loan (3.0% Exit Fee) | SOFR | Floor Rate 1.00% | Spread 8.75 % | Total Coupon 13.19% | Maturity 2/17/2025
Schedule Of Investments [Line Items]
Interest Rate, Floor	[4],[5],[13]			1.00%
Spread	[4],[5]			8.75%
Total Coupon	[4],[5]			13.19%
Maturity	[4],[5]			Feb. 17, 2025
Principal	[4],[5]			$ 5,300,000
Cost	[4],[5],[11]			5,234,978
Fair Value	[4],[5],[12]			$ 5,172,800
Investment, Identifier [Axis]: Debt Investments | Professional Services | JobandTalent USA, Inc. (United Kingdom) | First Lien Delayed Draw Term Loan (3.0% Exit Fee) | SOFR(M) | Floor Rate 1.00% | Spread 8.75% | Total Coupon 13.96% | Maturity 2/17/2025
Schedule Of Investments [Line Items]
Interest Rate, Floor	[2],[3],[9],[20],[21]	1.00%
Spread	[2],[3],[9],[20],[21]	8.75%
Total Coupon	[2],[3],[9],[20],[21]	13.96%
Maturity	[2],[3],[9],[20],[21]	Feb. 17, 2025
Principal	[2],[3],[9],[20],[21]	$ 5,300,000
Cost	[2],[3],[9],[10],[20],[21]	5,248,511
Fair Value	[1],[2],[3],[9],[20],[21]	$ 5,194,000
Investment, Identifier [Axis]: Debt Investments | Professional Services | JobandTalent USA, Inc. (United Kingdom) | First Lien Term Loan (3.0% Exit Fee) | SOFR(M) | Floor Rate 1.00% | Spread 8.75 % | Total Coupon 13.19% | Maturity 2/17/2025
Schedule Of Investments [Line Items]
Interest Rate, Floor	[4],[5],[13]			1.00%
Spread	[4],[5]			8.75%
Total Coupon	[4],[5]			13.19%
Maturity	[4],[5]			Feb. 17, 2025
Principal	[4],[5]			$ 9,892,491
Cost	[4],[5],[11]			9,759,102
Fair Value	[4],[5],[12]			$ 9,655,071
Investment, Identifier [Axis]: Debt Investments | Professional Services | JobandTalent USA, Inc. (United Kingdom) | First Lien Term Loan (3.0% Exit Fee) | SOFR(M) | Floor Rate 1.00% | Spread 8.75% | Total Coupon 13.96% | Maturity 2/17/2025
Schedule Of Investments [Line Items]
Interest Rate, Floor	[2],[3],[9],[20],[21]	1.00%
Spread	[2],[3],[9],[20],[21]	8.75%
Total Coupon	[2],[3],[9],[20],[21]	13.96%
Maturity	[2],[3],[9],[20],[21]	Feb. 17, 2025
Principal	[2],[3],[9],[20],[21]	$ 9,892,491
Cost	[2],[3],[9],[10],[20],[21]	9,784,932
Fair Value	[1],[2],[3],[9],[20],[21]	$ 9,694,641
Investment, Identifier [Axis]: Debt Investments | Professional Services | RigUp, Inc. | First Lien Delayed Draw Term Loan (4.0% Exit Fee) | LIBOR(M) | Floor Rate 1.50% | Spread 7.00% | Total Coupon 11.81% | Maturity 3/1/2024
Schedule Of Investments [Line Items]
Interest Rate, Floor	[4],[5],[13]			1.50%
Spread	[4],[5]			7.00%
Total Coupon	[4],[5]			11.81%
Maturity	[4],[5]			Mar. 01, 2024
Principal	[4],[5]			$ 500,000
Cost	[4],[5],[11]			496,559
Fair Value	[4],[5],[12]			$ 492,500
Investment, Identifier [Axis]: Debt Investments | Professional Services | TLE Holdings, LLC | First Lien Delayed Draw Term Loan | LIBOR(M) | Floor Rate 1.00% | Spread 5.50% | Total Coupon 9.88% | Maturity 6/28/2024
Schedule Of Investments [Line Items]
Interest Rate, Floor	[4],[5],[13]			1.00%
Spread	[4],[5]			5.50%
Total Coupon	[4],[5]			9.88%
Maturity	[4],[5]			Jun. 28, 2024
Principal	[4],[5]			$ 977,931
Cost	[4],[5],[11]			917,326
Fair Value	[4],[5],[12]			$ 936,369
Investment, Identifier [Axis]: Debt Investments | Professional Services | TLE Holdings, LLC | First Lien Delayed Draw Term Loan | SOFR(M) | Floor Rate 1.00% | Spread 5.50% | Total Coupon 10.70% | Maturity 6/28/2024
Schedule Of Investments [Line Items]
Interest Rate, Floor	[2],[3],[9]	1.00%
Spread	[2],[3],[9]	5.50%
Total Coupon	[2],[3],[9]	10.70%
Maturity	[2],[3],[9]	Jun. 28, 2024
Principal	[2],[3],[9]	$ 972,883
Cost	[2],[3],[9],[10]	930,304
Fair Value	[1],[2],[3],[9]	$ 953,425
Investment, Identifier [Axis]: Debt Investments | Professional Services | TLE Holdings, LLC | First Lien Term Loan | LIBOR(M) | Floor Rate 1.00% | Spread 5.50% | Total Coupon 9.88% | Maturity 6/28/2024
Schedule Of Investments [Line Items]
Interest Rate, Floor	[4],[5],[13]			1.00%
Spread	[4],[5]			5.50%
Total Coupon	[4],[5]			9.88%
Maturity	[4],[5]			Jun. 28, 2024
Principal	[4],[5]			$ 3,820,368
Cost	[4],[5],[11]			3,583,613
Fair Value	[4],[5],[12]			$ 3,658,003
Investment, Identifier [Axis]: Debt Investments | Professional Services | TLE Holdings, LLC | First Lien Term Loan | SOFR(M) | Floor Rate 1.00% | Spread 5.50% | Total Coupon 10.70% | Maturity 6/28/2024
Schedule Of Investments [Line Items]
Interest Rate, Floor	[2],[3],[9]	1.00%
Spread	[2],[3],[9]	5.50%
Total Coupon	[2],[3],[9]	10.70%
Maturity	[2],[3],[9]	Jun. 28, 2024
Principal	[2],[3],[9]	$ 3,800,366
Cost	[2],[3],[9],[10]	3,634,043
Fair Value	[1],[2],[3],[9]	$ 3,724,359
Investment, Identifier [Axis]: Debt Investments | Professional Services | VT TopCo, Inc. (Veritext) | Second Lien Term Loan | LIBOR(M) | Floor Rate 0.75% | Spread 6.75% | Total Coupon 11.13% | Maturity 8/4/2026
Schedule Of Investments [Line Items]
Interest Rate, Floor	[4],[5],[13]			0.75%
Spread	[4],[5]			6.75%
Total Coupon	[4],[5]			11.13%
Maturity	[4],[5]			Aug. 04, 2026
Principal	[4],[5]			$ 1,064,655
Cost	[4],[5],[11]			1,059,229
Fair Value	[4],[5],[12]			1,019,407
Investment, Identifier [Axis]: Debt Investments | Professional Services | VT TopCo, Inc. (Veritext) | Second Lien Term Loan | SOFR(M) | Floor Rate 0.75% | Spread 6.75% | Total Coupon 11.97% | Maturity 8/4/2026
Schedule Of Investments [Line Items]
Interest Rate, Floor	[2],[3],[9]	0.75%
Spread	[2],[3],[9]	6.75%
Total Coupon	[2],[3],[9]	11.97%
Maturity	[2],[3],[9]	Aug. 04, 2026
Principal	[2],[3],[9]	$ 1,064,655
Cost	[2],[3],[9],[10]	1,060,238
Fair Value	[1],[2],[3],[9]	$ 1,010,091
Investment, Identifier [Axis]: Debt Investments | Professional Services| DTI Holdco, Inc. (Epiq Systems, Inc.) | Second Lien Term Loan | SOFR(Q) | Floor Rate 0.75% | Spread 7.75% | Total Coupon 12.80% | Maturity 04/26/2030
Schedule Of Investments [Line Items]
Interest Rate, Floor	[2],[3],[9],[35]	0.75%
Spread	[2],[3],[9]	7.75%
Total Coupon	[2],[3],[9]	12.80%
Maturity	[2],[3],[9]	Apr. 26, 2030
Principal	[2],[3],[9]	$ 5,007,465
Cost	[2],[3],[9],[10]	4,923,315
Fair Value	[1],[2],[3],[9]	4,306,420
Investment, Identifier [Axis]: Debt Investments | Real Estate Management & Development
Schedule Of Investments [Line Items]
Cost		6,450,126	[2],[3],[9],[10]	6,464,268	[4],[5],[11]
Fair Value		$ 6,448,733	[1],[2],[3],[9]	$ 6,300,500	[4],[5],[12]
Investment, Identifier [Axis]: Debt Investments | Real Estate Management & Development | Greystone Affordable Housing Initiatives, LLC | First Lien Delayed Draw Term Loan | LIBOR(S) | Floor Rate 1.25% | Spread 6.00% | Total Coupon 11.14% | Maturity 3/2/2026
Schedule Of Investments [Line Items]
Interest Rate, Floor	[2],[3],[9],[20]	1.25%
Spread	[2],[3],[9],[20]	6.00%
Total Coupon	[2],[3],[9],[20]	11.14%
Maturity	[2],[3],[9],[20]	Mar. 02, 2026
Principal	[2],[3],[9],[20]	$ 1,866,667
Cost	[2],[3],[9],[10],[20]	1,866,667
Fair Value	[1],[2],[3],[9],[20]	$ 1,846,133
Investment, Identifier [Axis]: Debt Investments | Real Estate Management & Development | Greystone Affordable Housing Initiatives, LLC | First Lien Delayed Draw Term Loan | LIBOR(S) | Floor Rate 1.25% | Spread 6.00% | Total Coupon 9.05% | Maturity 3/2/2026
Schedule Of Investments [Line Items]
Interest Rate, Floor	[4],[5],[13]			1.25%
Spread	[4],[5]			6.00%
Total Coupon	[4],[5]			9.05%
Maturity	[4],[5]			Mar. 02, 2026
Principal	[4],[5]			$ 1,866,667
Cost	[4],[5],[11]			1,866,667
Fair Value	[4],[5],[12]			$ 1,844,267
Investment, Identifier [Axis]: Debt Investments | Real Estate Management & Development | Greystone Select Company II, LLC (Passco) | First Lien Delayed Draw Term Loan | SOFR(M) | Floor Rate 1.50% | Spread 6.50% | Total Coupon 10.94% | Maturity 3/21/2027
Schedule Of Investments [Line Items]
Interest Rate, Floor	[4],[5],[13]			1.50%
Spread	[4],[5]			6.50%
Total Coupon	[4],[5]			10.94%
Maturity	[4],[5]			Mar. 21, 2027
Principal	[4],[5]			$ 0
Cost	[4],[5],[11]			20,817
Fair Value	[4],[5],[12]			$ (121,195)
Investment, Identifier [Axis]: Debt Investments | Real Estate Management & Development | Greystone Select Company II, LLC (Passco) | First Lien Term Loan | SOFR(M) | Floor Rate 1.50% | Spread 6.50% | Total Coupon 10.94% | Maturity 3/21/2027
Schedule Of Investments [Line Items]
Interest Rate, Floor	[4],[5],[13]			1.50%
Spread	[4],[5]			6.50%
Total Coupon	[4],[5]			10.94%
Maturity	[4],[5]			Mar. 21, 2027
Principal	[4],[5]			$ 4,661,332
Cost	[4],[5],[11]			4,576,784
Fair Value	[4],[5],[12]			$ 4,577,428
Investment, Identifier [Axis]: Debt Investments | Real Estate Management & Development | Greystone Select Company II, LLC (Passco) | First Lien Term Loan | SOFR(M) | Floor Rate 1.50% | Spread 6.50% | Total Coupon 11.72% | Maturity 3/21/2027
Schedule Of Investments [Line Items]
Interest Rate, Floor	[2],[3],[9]	1.50%
Spread	[2],[3],[9]	6.50%
Total Coupon	[2],[3],[9]	11.72%
Maturity	[2],[3],[9]	Mar. 21, 2027
Principal	[2],[3],[9]	$ 4,661,332
Cost	[2],[3],[9],[10]	4,583,459
Fair Value	[1],[2],[3],[9]	$ 4,602,600
Investment, Identifier [Axis]: Debt Investments | Road & Rail | Motive Technologies, Inc. (fka Keep Truckin, Inc.) | First Lien Term Loan | SOFR(S) | Floor Rate 1.00% | Spread 7.25% | Total Coupon 11.03% | Maturity 4/8/2025
Schedule Of Investments [Line Items]
Interest Rate, Floor	[4],[5],[13]			1.00%
Spread	[4],[5]			7.25%
Total Coupon	[4],[5]			11.03%
Maturity	[4],[5]			Apr. 08, 2025
Principal	[4],[5]			$ 15,000,000
Cost	[4],[5],[11]			14,848,983
Fair Value	[4],[5],[12]			14,895,000
Investment, Identifier [Axis]: Debt Investments | Road & Rail | Motive Technologies, Inc. (fka Keep Truckin, Inc.) | First Lien Term Loan | SOFR(S) | Floor Rate 1.00% | Spread 7.25% | Total Coupon 12.77% | Maturity 4/8/2025
Schedule Of Investments [Line Items]
Interest Rate, Floor	[2],[3],[9]	1.00%
Spread	[2],[3],[9]	7.25%
Total Coupon	[2],[3],[9]	12.77%
Maturity	[2],[3],[9]	Apr. 08, 2025
Principal	[2],[3],[9]	$ 15,000,000
Cost	[2],[3],[9],[10]	14,876,102
Fair Value	[1],[2],[3],[9]	14,850,000
Investment, Identifier [Axis]: Debt Investments | Semiconductors & Semiconductor Equipment
Schedule Of Investments [Line Items]
Cost		2,193,331	[2],[3],[9],[10]	2,115,579	[4],[5],[11]
Fair Value		$ 2,146,398	[1],[2],[3],[9]	$ 2,053,600	[4],[5],[12]
Investment, Identifier [Axis]: Debt Investments | Semiconductors & Semiconductor Equipment | Emerald Technologies (U.S.) AcquisitionCo, Inc | First Lien Revolver | SOFR(M) | Floor Rate 1.00% | Spread 6.00% | Total Coupon 10.42% | Maturity 12/29/2026
Schedule Of Investments [Line Items]
Interest Rate, Floor	[4],[5],[13]			1.00%
Spread	[4],[5]			6.00%
Total Coupon	[4],[5]			10.42%
Maturity	[4],[5]			Dec. 29, 2026
Principal	[4],[5]			$ 330,137
Cost	[4],[5],[11]			249,986
Fair Value	[4],[5],[12]			$ 268,505
Investment, Identifier [Axis]: Debt Investments | Semiconductors & Semiconductor Equipment | Emerald Technologies (U.S.) AcquisitionCo, Inc | First Lien Revolver | SOFR(M) | Floor Rate 1.00% | Spread 6.00% | Total Coupon 11.22% | Maturity 12/29/2026
Schedule Of Investments [Line Items]
Interest Rate, Floor	[2],[3],[9],[15]	1.00%
Spread	[2],[3],[9],[15]	6.00%
Total Coupon	[2],[3],[9],[15]	11.22%
Maturity	[2],[3],[9],[15]	Dec. 29, 2026
Principal	[2],[3],[9],[15]	$ 420,175
Cost	[2],[3],[9],[10],[15]	349,434
Fair Value	[1],[2],[3],[9],[15]	$ 365,295
Investment, Identifier [Axis]: Debt Investments | Semiconductors & Semiconductor Equipment | Emerald Technologies (U.S.) AcquisitionCo, Inc | First Lien Term Loan | SOFR(M) | Floor Rate 1.00% | Spread 6.25% | Total Coupon 10.67% | Maturity 12/29/2027
Schedule Of Investments [Line Items]
Interest Rate, Floor	[4],[5],[13]			1.00%
Spread	[4],[5]			6.25%
Total Coupon	[4],[5]			10.67%
Maturity	[4],[5]			Dec. 29, 2027
Principal	[4],[5]			$ 1,899,037
Cost	[4],[5],[11]			1,865,593
Fair Value	[4],[5],[12]			1,785,095
Investment, Identifier [Axis]: Debt Investments | Semiconductors & Semiconductor Equipment | Emerald Technologies (U.S.) AcquisitionCo, Inc | First Lien Term Loan | SOFR(Q) | Floor Rate 1.00% | Spread 6.25% | Total Coupon 11.66% | Maturity 12/29/2027
Schedule Of Investments [Line Items]
Interest Rate, Floor	[2],[3],[9],[23]	1.00%
Spread	[2],[3],[9],[23]	6.25%
Total Coupon	[2],[3],[9],[23]	11.66%
Maturity	[2],[3],[9],[23]	Dec. 29, 2027
Principal	[2],[3],[9],[23]	$ 1,874,846
Cost	[2],[3],[9],[10],[23]	1,843,897
Fair Value	[1],[2],[3],[9],[23]	1,781,103
Investment, Identifier [Axis]: Debt Investments | Software
Schedule Of Investments [Line Items]
Cost		102,902,671	[2],[3],[9],[10]	87,306,974	[4],[5],[11],[13]
Fair Value		$ 102,686,951	[1],[2],[3],[9]	$ 86,430,992	[4],[5],[12],[13]
Investment, Identifier [Axis]: Debt Investments | Software Disco Parent, Inc. (Duck Creek Technologies) | First Lien Revolver | SOFR(Q) | Floor Rate 1.00% | Spread 7.50% | Total Coupon 12.76% | Maturity 3/30/2029
Schedule Of Investments [Line Items]
Interest Rate, Floor	[2],[3],[9],[15]	1.00%
Spread	[2],[3],[9],[15]	7.50%
Total Coupon	[2],[3],[9],[15]	12.76%
Maturity	[2],[3],[9],[15]	Mar. 30, 2029
Principal	[2],[3],[9],[20],[21]	$ 0
Cost	[2],[3],[9],[10],[15]	(12,307)
Fair Value	[1],[2],[3],[9],[15]	$ (8,210)
Investment, Identifier [Axis]: Debt Investments | Software | Aerospike, Inc. | First Lien Delayed Draw Term Loan (0.50% Exit Fee) | SOFR(M) | Floor Rate 1.00% | Spread 7.50% | Total Coupon 12.72% | Maturity 12/29/2025
Schedule Of Investments [Line Items]
Interest Rate, Floor	[2],[3],[9],[15]	1.00%
Spread	[2],[3],[9],[15]	7.50%
Total Coupon	[2],[3],[9],[15]	12.75%
Maturity	[2],[3],[9],[15]	Dec. 29, 2025
Principal	[2],[3],[9],[15]	$ 1,054,373
Cost	[2],[3],[9],[10],[15]	1,031,415
Fair Value	[1],[2],[3],[9],[15]	$ 1,040,367
Investment, Identifier [Axis]: Debt Investments | Software | Aerospike, Inc. | First Lien Term Loan (0.50% Exit Fee) | SOFR(M) | Floor Rate 1.00% | Spread 7.50% | Total Coupon 12.72% | Maturity 12/29/2025
Schedule Of Investments [Line Items]
Interest Rate, Floor	[2],[3],[9]	1.00%
Spread	[2],[3],[9]	7.50%
Total Coupon	[2],[3],[9]	12.72%
Maturity	[2],[3],[9]	Dec. 29, 2025
Principal	[2],[3],[9]	$ 2,416,867
Cost	[2],[3],[9],[10]	2,401,989
Fair Value	[1],[2],[3],[9]	$ 2,384,723
Investment, Identifier [Axis]: Debt Investments | Software | Aerospike, Inc. | First Lien Term Loan | LIBOR(M) | Floor Rate 1.00% | Spread 7.50% | Total Coupon 11.88% | Maturity 12/29/2025
Schedule Of Investments [Line Items]
Interest Rate, Floor	[4],[5],[13]			1.00%
Spread	[4],[5]			7.50%
Total Coupon	[4],[5]			11.88%
Maturity	[4],[5]			Dec. 29, 2025
Principal	[4],[5]			$ 2,416,867
Cost	[4],[5],[11]			2,397,971
Fair Value	[4],[5],[12]			$ 2,375,297
Investment, Identifier [Axis]: Debt Investments | Software | AlphaSense, Inc | First Lien Term Loan | SOFR(M) | Floor Rate 1.00% | Spread 7.00% | Total Coupon 11.44% | Maturity 3/11/2027
Schedule Of Investments [Line Items]
Interest Rate, Floor	[4],[5],[13]			1.00%
Spread	[4],[5]			7.00%
Total Coupon	[4],[5]			11.44%
Maturity	[4],[5]			Mar. 11, 2027
Principal	[4],[5]			$ 8,673,018
Cost	[4],[5],[11]			8,592,729
Fair Value	[4],[5],[12]			$ 8,594,961
Investment, Identifier [Axis]: Debt Investments | Software | AlphaSense, Inc. | First Lien Term Loan | SOFR(M) | Floor Rate 1.00% | Spread 7.00% | Total Coupon 12.19% | Maturity 3/11/2027
Schedule Of Investments [Line Items]
Interest Rate, Floor	[2],[3],[9]	1.00%
Spread	[2],[3],[9]	7.00%
Total Coupon	[2],[3],[9]	12.19%
Maturity	[2],[3],[9]	Mar. 11, 2027
Principal	[2],[3],[9]	$ 8,673,018
Cost	[2],[3],[9],[10]	8,604,138
Fair Value	[1],[2],[3],[9]	$ 8,666,947
Investment, Identifier [Axis]: Debt Investments | Software | Aras Corporation | First Lien Revolver | LIBOR(Q)/(S) | Floor Rate 1.00% | Spread 6.50 | Total Coupon 11.66 % | Maturity 4/13/2027
Schedule Of Investments [Line Items]
Interest Rate, Floor	[2],[3],[9]	1.00%
Spread	[2],[3],[9]	6.50%
Total Coupon	[2],[3],[9]	11.66%
Maturity	[2],[3],[9]	Apr. 13, 2027
Principal	[2],[3],[9]	$ 204,763
Cost	[2],[3],[9],[10]	200,854
Fair Value	[1],[2],[3],[9]	$ 194,627
Investment, Identifier [Axis]: Debt Investments | Software | Aras Corporation | First Lien Term Loan | LIBOR(Q) | Floor Rate 1.00% | Spread 3.50% Cash + 3.25% PIK | Total Coupon 11.99% | Maturity 4/13/2027
Schedule Of Investments [Line Items]
Interest Rate, Floor	[2],[3],[9],[17]	1.00%
Interest Rate, PIK	[2],[3],[9],[17]	3.25%
Interest Rate, Cash	[2],[3],[9],[17]	3.50%
Total Coupon	[2],[3],[9],[17]	11.99%
Maturity	[2],[3],[9],[17]	Apr. 13, 2027
Principal	[2],[3],[9],[17]	$ 4,527,228
Cost	[2],[3],[9],[10],[17]	4,474,770
Fair Value	[1],[2],[3],[9],[17]	$ 4,377,829
Investment, Identifier [Axis]: Debt Investments | Software | Aras Corporation | First Lien Term Loan | LIBOR(Q) |Floor Rate 1.00% | Spread 3.25% Cash + 3.75% PIK | Total Coupon 10.94% | Maturity 4/13/2022
Schedule Of Investments [Line Items]
Interest Rate, Floor	[4],[5],[13]			1.00%
Interest Rate, PIK	[4],[5]			3.75%
Interest Rate, Cash	[4],[5]			3.25%
Total Coupon	[4],[5]			10.94%
Maturity	[4],[5]			Apr. 13, 2027
Principal	[4],[5]			$ 4,442,604
Cost	[4],[5],[11]			4,383,120
Fair Value	[4],[5],[12]			$ 4,273,786
Investment, Identifier [Axis]: Debt Investments | Software | Aras Corporation |First Lien Revolver | LIBOR(S) | Floor Rate 1.00% | Spread 6.50% | Total Coupon 9.50% | Maturity 4/13/2027
Schedule Of Investments [Line Items]
Interest Rate, Floor	[4],[5],[13]			1.00%
Spread	[4],[5]			6.50%
Total Coupon	[4],[5]			9.50%
Maturity	[4],[5]			Apr. 13, 2027
Principal	[4],[5]			$ 102,381
Cost	[4],[5],[11]			97,919
Fair Value	[4],[5],[12]			$ 90,710
Investment, Identifier [Axis]: Debt Investments | Software | Backoffice Associates Holdings, LLC (Syniti) | First Lien Revolver | PRIME | Floor Rate 1.00% | Spread 6.75 | Total Coupon 15.00% | Maturity 4/30/2026
Schedule Of Investments [Line Items]
Interest Rate, Floor	[2],[3],[9],[15]	1.00%
Spread	[2],[3],[9],[15]	6.75%
Total Coupon	[2],[3],[9],[15]	15.00%
Maturity	[2],[3],[9],[15]	Apr. 30, 2026
Principal	[2],[3],[9],[15]	$ 657,055
Cost	[2],[3],[9],[10],[15]	645,168
Fair Value	[1],[2],[3],[9],[15]	$ 657,055
Investment, Identifier [Axis]: Debt Investments | Software | Backoffice Associates Holdings, LLC (Syniti) | First Lien Revolver | PRIME | Floor Rate 1.00% | Spread 6.75% | Total Coupon 14.25% | Maturity 4/30/2026
Schedule Of Investments [Line Items]
Interest Rate, Floor	[4],[5],[13]			1.00%
Spread	[4],[5]			6.75%
Total Coupon	[4],[5]			14.25%
Maturity	[4],[5]			Apr. 30, 2026
Principal	[4],[5]			$ 519,073
Cost	[4],[5],[11]			505,266
Fair Value	[4],[5],[12]			$ 501,333
Investment, Identifier [Axis]: Debt Investments | Software | Backoffice Associates Holdings, LLC (Syniti) | First Lien Term Loan | SOFR(Q) | Floor Rate 1.00% | Spread 7.75% | Total Coupon 12.00% | Maturity 4/30/2026
Schedule Of Investments [Line Items]
Interest Rate, Floor	[4],[5],[13]			1.00%
Spread	[4],[5]			7.75%
Total Coupon	[4],[5]			12.00%
Maturity	[4],[5]			Apr. 30, 2026
Principal	[4],[5]			$ 4,949,797
Cost	[4],[5],[11]			4,845,184
Fair Value	[4],[5],[12]			$ 4,816,153
Investment, Identifier [Axis]: Debt Investments | Software | Backoffice Associates Holdings, LLC (Syniti) | First Lien Term Loan | SOFR(S) | Floor Rate 1.00% | Spread 7.75 | Total Coupon 13.03% | Maturity 4/30/2026
Schedule Of Investments [Line Items]
Interest Rate, Floor	[2],[3],[9]	1.00%
Spread	[2],[3],[9]	7.75%
Total Coupon	[2],[3],[9]	13.03%
Maturity	[2],[3],[9]	Apr. 30, 2026
Principal	[2],[3],[9]	$ 4,886,506
Cost	[2],[3],[9],[10]	4,799,191
Fair Value	[1],[2],[3],[9]	$ 4,896,278
Investment, Identifier [Axis]: Debt Investments | Software | Bluefin Holding, LLC (BlackMountain) | Second Lien Term Loan | LIBOR(Q) | Spread 7.75 | Total Coupon 13.23% | Maturity 9/3/2027
Schedule Of Investments [Line Items]
Interest Rate, Floor	[2],[3],[9]	0.00%
Spread	[2],[3],[9]	7.75%
Total Coupon	[2],[3],[9]	13.23%
Maturity	[2],[3],[9]	Sep. 03, 2027
Principal	[2],[3],[9]	$ 4,809,535
Cost	[2],[3],[9],[10]	4,766,503
Fair Value	[1],[2],[3],[9]	$ 4,674,868
Investment, Identifier [Axis]: Debt Investments | Software | Bluefin Holding, LLC (BlackMountain) | Second Lien Term Loan | LIBOR(Q) | Spread 7.75% | Total Coupon 12.48% | Maturity 9/3/2027
Schedule Of Investments [Line Items]
Interest Rate, Floor	[4],[5],[13]			0.00%
Spread	[4],[5]			7.75%
Total Coupon	[4],[5]			12.48%
Maturity	[4],[5]			Sep. 03, 2027
Principal	[4],[5]			$ 4,809,535
Cost	[4],[5],[11]			4,762,954
Fair Value	[4],[5],[12]			$ 4,756,630
Investment, Identifier [Axis]: Debt Investments | Software | Bonterra LLC (fka CyberGrants Holdings, LLC) | First Lien Delayed Draw Term Loan | LIBOR(Q) | Floor Rate 0.75% | Spread 6.00% | Total Coupon 11.79% | Maturity 9/8/2027
Schedule Of Investments [Line Items]
Interest Rate, Floor	[2],[3],[9],[15]	0.75%
Spread	[2],[3],[9],[15]	6.00%
Total Coupon	[2],[3],[9],[15]	11.79%
Maturity	[2],[3],[9],[15]	Sep. 08, 2027
Principal	[2],[3],[9],[15]	$ 81,168
Cost	[2],[3],[9],[10],[15]	80,014
Fair Value	[1],[2],[3],[9],[15]	$ 73,362
Investment, Identifier [Axis]: Debt Investments | Software | Bonterra LLC (fka CyberGrants Holdings, LLC) | First Lien Delayed Draw Term Loan | LIBOR(Q) | Floor Rate 0.75% | Spread 6.25% | Total Coupon 10.98% | Maturity 9/8/2027
Schedule Of Investments [Line Items]
Interest Rate, Floor	[4],[5],[13]			0.75%
Spread	[4],[5]			6.25%
Total Coupon	[4],[5]			10.98%
Maturity	[4],[5]			Sep. 08, 2027
Principal	[4],[5]			$ 54,686
Cost	[4],[5],[11]			53,168
Fair Value	[4],[5],[12]			$ 46,158
Investment, Identifier [Axis]: Debt Investments | Software | Bonterra LLC (fka CyberGrants Holdings, LLC) | First Lien Revolver | LIBOR(Q) | Floor Rate 0.75% | Spread 6.00% | Total Coupon 11.72% | Maturity 9/8/2027
Schedule Of Investments [Line Items]
Interest Rate, Floor	[2],[3],[9],[15]	0.75%
Spread	[2],[3],[9],[15]	6.00%
Total Coupon	[2],[3],[9],[15]	11.72%
Maturity	[2],[3],[9],[15]	Sep. 08, 2027
Principal	[2],[3],[9],[15]	$ 273,311
Cost	[2],[3],[9],[10],[15]	270,289
Fair Value	[1],[2],[3],[9],[15]	$ 265,505
Investment, Identifier [Axis]: Debt Investments | Software | Bonterra LLC (fka CyberGrants Holdings, LLC) | First Lien Revolver | LIBOR(Q) | Floor Rate 0.75% | Spread 6.25% | Total Coupon 10.98% | Maturity 9/8/2027
Schedule Of Investments [Line Items]
Interest Rate, Floor	[4],[5],[13]			0.75%
Spread	[4],[5]			6.25%
Total Coupon	[4],[5]			10.98%
Maturity	[4],[5]			Sep. 08, 2027
Principal	[4],[5]			$ 103,311
Cost	[4],[5],[11]			100,015
Fair Value	[4],[5],[12]			$ 94,783
Investment, Identifier [Axis]: Debt Investments | Software | Bonterra LLC (fka CyberGrants Holdings, LLC) | First Lien Term Loan | LIBOR(Q) | Floor 0.75% | Spread 6.00% | Total Coupon 11.79% | Maturity 9/8/2027
Schedule Of Investments [Line Items]
Interest Rate, Floor	[2],[3],[9]	0.75%
Spread	[2],[3],[9]	6.00%
Total Coupon	[2],[3],[9]	11.79%
Maturity	[2],[3],[9]	Sep. 08, 2027
Principal	[2],[3],[9]	$ 2,833,333
Cost	[2],[3],[9],[10]	2,801,462
Fair Value	[1],[2],[3],[9]	$ 2,753,717
Investment, Identifier [Axis]: Debt Investments | Software | Bonterra LLC (fka CyberGrants Holdings, LLC) | First Lien Term Loan | LIBOR(Q) | Floor Rate 0.75% | Spread 6.25% | Total Coupon 10.98% | Maturity 9/8/2027
Schedule Of Investments [Line Items]
Interest Rate, Floor	[4],[5],[13]			0.75%
Spread	[4],[5]			6.25%
Total Coupon	[4],[5]			10.98%
Maturity	[4],[5]			Sep. 08, 2027
Principal	[4],[5]			$ 2,833,333
Cost	[4],[5],[11]			2,798,816
Fair Value	[4],[5],[12]			$ 2,746,350
Investment, Identifier [Axis]: Debt Investments | Software | Disco Parent, Inc. (Duck Creek Technologies) | First Lien Term Loan | SOFR(Q) | Floor Rate 1.00% | Spread 7.50% | Total Coupon 12.76% | Maturity 3/30/2029
Schedule Of Investments [Line Items]
Interest Rate, Floor	[2],[3],[9]	1.00%
Spread	[2],[3],[9]	7.50%
Total Coupon	[2],[3],[9]	12.76%
Maturity	[2],[3],[9]	Mar. 30, 2029
Principal	[2],[3],[9]	$ 5,131,318
Cost	[2],[3],[9],[10]	5,005,624
Fair Value	[1],[2],[3],[9]	$ 5,049,217
Investment, Identifier [Axis]: Debt Investments | Software | Elastic Path Software Inc. (Canada) | First Lien Delayed Draw Term Loan | SOFR(Q) | Floor Rate 1.00% | Spread 7.50% | Total Coupon 12.12% | Maturity 1/6/2026
Schedule Of Investments [Line Items]
Interest Rate, Floor	[4],[5],[13],[18],[19]			1.00%
Spread	[4],[5],[13],[18],[19]			7.50%
Total Coupon	[4],[5],[13],[18],[19]			12.12%
Maturity	[4],[5],[13],[18],[19]			Jan. 06, 2026
Principal	[4],[5],[13],[18],[19]			$ 961,395
Cost	[4],[5],[11],[13],[18],[19]			952,144
Fair Value	[4],[5],[12],[13],[18],[19]			$ 951,973
Investment, Identifier [Axis]: Debt Investments | Software | Elastic Path Software Inc. (Canada) | First Lien Delayed Draw Term Loan | SOFR(Q) | Floor Rate 1.00% | Spread 7.50% | Total Coupon 12.99% | Maturity 1/6/2026
Schedule Of Investments [Line Items]
Interest Rate, Floor	[2],[3],[9],[20],[21]	1.00%
Spread	[2],[3],[9],[20],[21]	7.50%
Total Coupon	[2],[3],[9],[20],[21]	12.99%
Maturity	[2],[3],[9],[20],[21]	Jan. 06, 2026
Principal	[2],[3],[9],[20],[21]	$ 961,395
Cost	[2],[3],[9],[10],[20],[21]	953,620
Fair Value	[1],[2],[3],[9],[20],[21]	$ 958,511
Investment, Identifier [Axis]: Debt Investments | Software | Elastic Path Software Inc. (Canada) | First Lien Term Loan | SOFR(Q) | Floor Rate 1.00% | Spread 7.50% | Total Coupon 11.33% | Maturity 1/6/2026
Schedule Of Investments [Line Items]
Interest Rate, Floor	[4],[5],[13]			1.00%
Spread	[4],[5]			7.50%
Total Coupon	[4],[5]			11.37%
Maturity	[4],[5]			Jan. 06, 2026
Principal	[4],[5]			$ 1,893,754
Cost	[4],[5],[11]			1,878,821
Fair Value	[4],[5],[12]			$ 1,875,195
Investment, Identifier [Axis]: Debt Investments | Software | Elastic Path Software Inc. (Canada) | First Lien Term Loan | SOFR(Q) | Floor Rate 1.00% | Spread 7.50% | Total Coupon 12.70% | Maturity 1/6/2026
Schedule Of Investments [Line Items]
Interest Rate, Floor	[2],[3],[9],[20],[21]	1.00%
Spread	[2],[3],[9],[20],[21]	7.50%
Total Coupon	[2],[3],[9],[20],[21]	12.70%
Maturity	[2],[3],[9],[20],[21]	Jan. 06, 2026
Principal	[2],[3],[9],[20],[21]	$ 1,893,754
Cost	[2],[3],[9],[10],[20],[21]	1,881,974
Fair Value	[1],[2],[3],[9],[20],[21]	$ 1,888,072
Investment, Identifier [Axis]: Debt Investments | Software | Fusion Risk Management, Inc. | First Lien Revolver | SOFR(Q) | Floor Rate 1.00% | Spread 6.50% | Total Coupon 10.90% | Maturity 8/30/2028
Schedule Of Investments [Line Items]
Interest Rate, Floor	[4],[5],[13],[14]			1.00%
Spread	[4],[5],[13],[14]			6.50%
Total Coupon	[4],[5],[13],[14]			10.90%
Maturity	[4],[5],[13],[14]			Aug. 30, 2028
Principal	[4],[5],[13],[14]			$ 0
Cost	[4],[5],[11],[13],[14]			(762)
Fair Value	[4],[5],[12],[13],[14]			$ (1,220)
Investment, Identifier [Axis]: Debt Investments | Software | Fusion Risk Management, Inc. | First Lien Revolver | SOFR(Q) | Floor Rate 1.00% | Spread 7.00% | Total Coupon 12.13% | Maturity 5/22/2029
Schedule Of Investments [Line Items]
Interest Rate, Floor	[2],[3],[9],[15]	1.00%
Spread	[2],[3],[9],[15]	7.00%
Total Coupon	[2],[3],[9],[15]	12.13%
Maturity	[2],[3],[9],[15]	May 22, 2029
Principal	[2],[3],[9],[15]	$ 0
Cost	[2],[3],[9],[10],[15]	(10,533)
Fair Value	[1],[2],[3],[9],[15]	$ (10,179)
Investment, Identifier [Axis]: Debt Investments | Software | Fusion Risk Management, Inc. | First Lien Term Loan | SOFR(Q) | Floor Rate 1.00% | Spread 3.25% Cash + 3.75% PIK | Total Coupon 11.40% | Maturity 8/30/2028
Schedule Of Investments [Line Items]
Interest Rate, Floor	[4],[5],[13],[22]			1.00%
Interest Rate, PIK	[4],[5],[13],[22]			3.75%
Interest Rate, Cash	[4],[5],[13],[22]			3.25%
Total Coupon	[4],[5],[13],[22]			11.40%
Maturity	[4],[5],[13],[22]			Aug. 30, 2028
Principal	[4],[5],[13],[22]			$ 362,133
Cost	[4],[5],[11],[13],[22]			354,405
Fair Value	[4],[5],[12],[13],[22]			$ 349,821
Investment, Identifier [Axis]: Debt Investments | Software | Fusion Risk Management, Inc. | First Lien Term Loan | SOFR(Q) | Floor Rate 1.00% | Spread 3.50% Cash + 4.00% PIK | Total Coupon 12.63% | Maturity 5/22/2029
Schedule Of Investments [Line Items]
Interest Rate, Floor	[2],[3],[9],[17]	1.00%
Interest Rate, PIK	[2],[3],[9],[17]	4.00%
Interest Rate, Cash	[2],[3],[9],[17]	3.50%
Total Coupon	[2],[3],[9],[17]	12.63%
Maturity	[2],[3],[9],[17]	May 22, 2029
Principal	[2],[3],[9],[17]	$ 4,464,286
Cost	[2],[3],[9],[10],[17]	4,375,654
Fair Value	[1],[2],[3],[9],[17]	$ 4,379,464
Investment, Identifier [Axis]: Debt Investments | Software | GTY Technology Holdings Inc. | First Lien Delayed Draw Term Loan | SOFR(Q) | Floor Rate 0.75% | Spread 2.58% Cash + 4.30% PIK | Total Coupon 11.40% | Maturity 7/9/2029
Schedule Of Investments [Line Items]
Interest Rate, Floor	[4],[5],[13],[22]			0.75%
Interest Rate, PIK	[4],[5],[13],[22]			4.30%
Interest Rate, Cash	[4],[5],[13],[22]			2.58%
Total Coupon	[4],[5],[13],[22]			11.40%
Maturity	[4],[5],[13],[22]			Jul. 09, 2029
Principal	[4],[5],[13],[22]			$ 1,513,252
Cost	[4],[5],[11],[13],[22]			1,484,207
Fair Value	[4],[5],[12],[13],[22]			$ 1,464,827
Investment, Identifier [Axis]: Debt Investments | Software | GTY Technology Holdings Inc. | First Lien Revolver | SOFR(Q) | Floor Rate 0.75% | Spread 6.25% | Total Coupon 10.83% | Maturity 7/9/2029
Schedule Of Investments [Line Items]
Interest Rate, Floor	[4],[5],[13],[14]			0.75%
Spread	[4],[5],[13],[14]			6.25%
Total Coupon	[4],[5],[13],[14]			10.83%
Maturity	[4],[5],[13],[14]			Jul. 09, 2029
Principal	[4],[5],[13],[14]			$ 0
Cost	[4],[5],[11],[13],[14]			(6,532)
Fair Value	[4],[5],[12],[13],[14]			$ (11,160)
Investment, Identifier [Axis]: Debt Investments | Software | GTY Technology Holdings Inc. | First Lien Revolver | SOFR(Q) | Floor Rate 0.75% | Spread 6.25% | Total Coupon 11.47% | Maturity 7/9/2029
Schedule Of Investments [Line Items]
Interest Rate, Floor	[2],[3],[9],[15]	0.75%
Spread	[2],[3],[9],[15]	6.25%
Total Coupon	[2],[3],[9],[15]	11.47%
Maturity	[2],[3],[9],[15]	Jul. 09, 2029
Principal	[2],[3],[9],[15]	$ 0
Cost	[2],[3],[9],[10],[15]	(6,037)
Fair Value	[1],[2],[3],[9],[15]	$ (2,337)
Investment, Identifier [Axis]: Debt Investments | Software | GTY Technology Holdings Inc. | First Lien Term Loan | SOFR(Q) | Floor Rate 0.75% | Spread 2.58% Cash + 4.30% PIK | Total Coupon 11.46% | Maturity 7/9/2029
Schedule Of Investments [Line Items]
Interest Rate, Floor	[4],[5],[13],[22]			0.75%
Interest Rate, PIK	[4],[5],[13],[22]			4.30%
Interest Rate, Cash	[4],[5],[13],[22]			2.58%
Total Coupon	[4],[5],[13],[22]			11.46%
Maturity	[4],[5],[13],[22]			Jul. 09, 2029
Principal	[4],[5],[13],[22]			$ 1,958,707
Cost	[4],[5],[11],[13],[22]			1,922,412
Fair Value	[4],[5],[12],[13],[22]			$ 1,896,028
Investment, Identifier [Axis]: Debt Investments | Software | GTY Technology Holdings Inc. | First Lien Term Loan | SOFR(Q) | Floor Rate 0.75% | Spread 2.58% Cash + 4.30% PIK | Total Coupon 12.12% | Maturity 7/9/2029
Schedule Of Investments [Line Items]
Interest Rate, Floor	[2],[3],[9],[17]	0.75%
Interest Rate, PIK	[2],[3],[9],[17]	4.30%
Interest Rate, Cash	[2],[3],[9],[17]	2.58%
Total Coupon	[2],[3],[9],[17]	12.12%
Maturity	[2],[3],[9],[17]	Jul. 09, 2029
Principal	[2],[3],[9],[17]	$ 2,001,487
Cost	[2],[3],[9],[10],[17]	1,968,068
Fair Value	[1],[2],[3],[9],[17]	$ 1,988,077
Investment, Identifier [Axis]: Debt Investments | Software | GTY Technology Holdings Inc.| First Lien Delayed Draw Term Loan | SOFR(Q) | Floor Rate 0.75% Spread 2.58% Cash + 4.30% PIK | Total Coupon 12.10% | Maturity 7/9/2029
Schedule Of Investments [Line Items]
Interest Rate, Floor	[2],[3],[9],[17]	0.75%
Interest Rate, PIK	[2],[3],[9],[17]	4.30%
Interest Rate, Cash	[2],[3],[9],[17]	2.58%
Total Coupon	[2],[3],[9],[17]	12.10%
Maturity	[2],[3],[9],[17]	Jul. 09, 2029
Principal	[2],[3],[9],[17]	$ 1,546,457
Cost	[2],[3],[9],[10],[17]	1,519,368
Fair Value	[1],[2],[3],[9],[17]	$ 1,536,096
Investment, Identifier [Axis]: Debt Investments | Software | Grey Orange Incorporated | First Lien Delayed Draw Term Loan (3.75% Exit Fee) | SOFR(Q) | Floor Rate 1.00% | Spread 7.25% | Total Coupon 11.55% | Maturity 5/6/2026
Schedule Of Investments [Line Items]
Interest Rate, Floor	[4],[5],[13],[14]			1.00%
Spread	[4],[5],[13],[14]			7.25%
Total Coupon	[4],[5],[13],[14]			11.55%
Maturity	[4],[5],[13],[14]			May 06, 2026
Principal	[4],[5],[13],[14]			$ 923,630
Cost	[4],[5],[11],[13],[14]			910,497
Fair Value	[4],[5],[12],[13],[14]			$ 905,004
Investment, Identifier [Axis]: Debt Investments | Software | Grey Orange Incorporated | First Lien Delayed Draw Term Loan (3.75% Exit Fee) | SOFR(Q)/(S) | Floor Rate 1.00% | Spread 7.25% | Total Coupon 12.58% | Maturity 5/6/2026
Schedule Of Investments [Line Items]
Interest Rate, Floor	[2],[3],[9],[15]	1.00%
Spread	[2],[3],[9],[15]	7.25%
Total Coupon	[2],[3],[9],[15]	12.58%
Maturity	[2],[3],[9],[15]	May 06, 2026
Principal	[2],[3],[9],[15]	$ 1,539,384
Cost	[2],[3],[9],[10],[15]	1,528,197
Fair Value	[1],[2],[3],[9],[15]	$ 1,522,758
Investment, Identifier [Axis]: Debt Investments | Software | Grey Orange Incorporated | First Lien Term Loan (3.75% Exit Fee) | SOFR(Q) | Floor Rate 1.00% | Spread 7.25% | Total Coupon 12.23% | Maturity 5/6/2026
Schedule Of Investments [Line Items]
Interest Rate, Floor	[4],[5],[13]			1.00%
Spread	[4],[5],[13]			7.25%
Total Coupon	[4],[5],[13]			12.23%
Maturity	[4],[5],[13]			May 06, 2026
Principal	[4],[5],[13]			$ 1,539,384
Cost	[4],[5],[11],[13]			1,525,409
Fair Value	[4],[5],[12],[13]			$ 1,520,757
Investment, Identifier [Axis]: Debt Investments | Software | Grey Orange Incorporated | First Lien Term Loan (3.75% Exit Fee) | SOFR(Q) | Floor Rate 1.00% | Spread 7.25% | Total Coupon 12.58% | Maturity 5/6/2026
Schedule Of Investments [Line Items]
Interest Rate, Floor	[2],[3],[9]	1.00%
Spread	[2],[3],[9]	7.25%
Total Coupon	[2],[3],[9]	12.58%
Maturity	[2],[3],[9]	May 06, 2026
Principal	[2],[3],[9]	$ 1,539,384
Cost	[2],[3],[9],[10]	1,527,175
Fair Value	[1],[2],[3],[9]	$ 1,522,758
Investment, Identifier [Axis]: Debt Investments | Software | Integrate.com, Inc. (Infinity Data, Inc.) | First Lien Delayed Draw Term Loan | SOFR(M) | Floor Rate 1.00% | Spread 3.00% Cash + 3.00% PIK | Total Coupon 10.28% | Maturity 12/17/2027
Schedule Of Investments [Line Items]
Interest Rate, Floor	[4],[5],[13],[14],[22]			1.00%
Interest Rate, PIK	[4],[5],[13],[14],[22]			3.00%
Interest Rate, Cash	[4],[5],[13],[14],[22]			3.00%
Total Coupon	[4],[5],[13],[14],[22]			10.28%
Maturity	[4],[5],[13],[14],[22]			Dec. 17, 2027
Principal	[4],[5],[13],[14],[22]			$ 0
Cost	[4],[5],[11],[13],[14],[22]			(1,748)
Fair Value	[4],[5],[12],[13],[14],[22]			$ (8,000)
Investment, Identifier [Axis]: Debt Investments | Software | Integrate.com, Inc. (Infinity Data, Inc.) | First Lien Delayed Draw Term Loan | SOFR(M) | Floor Rate 1.00% | Spread 3.00% Cash + 3.00% PIK | Total Coupon 11.19% | Maturity 12/17/2027
Schedule Of Investments [Line Items]
Interest Rate, Floor	[2],[3],[9],[15],[17]	1.00%
Interest Rate, PIK	[2],[3],[9],[15],[17]	3.00%
Interest Rate, Cash	[2],[3],[9],[15],[17]	3.00%
Total Coupon	[2],[3],[9],[15],[17]	11.19%
Maturity	[2],[3],[9],[15],[17]	Dec. 17, 2027
Principal	[2],[3],[9],[15],[17]	$ 100,000
Cost	[2],[3],[9],[10],[15],[17]	97,705
Fair Value	[1],[2],[3],[9],[15],[17]	$ 90,507
Investment, Identifier [Axis]: Debt Investments | Software | Integrate.com, Inc. (Infinity Data, Inc.) | First Lien Revolver | SOFR(M) | Floor Rate 1.00% | Spread 6.00% | Total Coupon 10.28% | Maturity 12/17/2027
Schedule Of Investments [Line Items]
Interest Rate, Floor	[4],[5],[13],[14]			1.00%
Spread	[4],[5],[13],[14]			6.00%
Total Coupon	[4],[5],[13],[14]			10.28%
Maturity	[4],[5],[13],[14]			Dec. 17, 2027
Principal	[4],[5],[13],[14]			$ 0
Cost	[4],[5],[11],[13],[14]			(2,208)
Fair Value	[4],[5],[12],[13],[14]			$ (4,000)
Investment, Identifier [Axis]: Debt Investments | Software | Integrate.com, Inc. (Infinity Data, Inc.) | First Lien Revolver | SOFR(M) | Floor Rate 1.00% | Spread 6.00% | Total Coupon 11.19% | Maturity 12/17/2027
Schedule Of Investments [Line Items]
Interest Rate, Floor	[2],[3],[9],[15]	1.00%
Spread	[2],[3],[9],[15]	6.00%
Total Coupon	[2],[3],[9],[15]	11.19%
Maturity	[2],[3],[9],[15]	Dec. 17, 2027
Principal	[2],[3],[9],[15]	$ 0
Cost	[2],[3],[9],[10],[15]	(1,997)
Fair Value	[1],[2],[3],[9],[15]	$ (4,747)
Investment, Identifier [Axis]: Debt Investments | Software | Integrate.com, Inc. (Infinity Data, Inc.) | First Lien Term Loan | LIBOR(M)/SOFR(M) | Floor Rate 1.00% | Spread 3.00% Cash + 3.00% PIK | Total Coupon 10.34% | Maturity 12/17/2027
Schedule Of Investments [Line Items]
Interest Rate, Floor	[4],[5],[13],[22],[34]			1.00%
Interest Rate, PIK	[4],[5],[13],[22],[34]			3.00%
Interest Rate, Cash	[4],[5],[13],[22],[34]			3.00%
Total Coupon	[4],[5],[13],[22],[34]			10.34%
Maturity	[4],[5],[13],[22],[34]			Dec. 17, 2027
Principal	[4],[5],[13],[22],[34]			$ 1,837,108
Cost	[4],[5],[11],[13],[22],[34]			1,796,699
Fair Value	[4],[5],[12],[13],[22],[34]			$ 1,781,995
Investment, Identifier [Axis]: Debt Investments | Software | Integrate.com, Inc. (Infinity Data, Inc.) | First Lien Term Loan | SOFR(M) | Floor Rate 1.00% | Spread 3.00% Cash + 3.00% PIK | Total Coupon 11.20% | Maturity 12/17/2027
Schedule Of Investments [Line Items]
Interest Rate, Floor	[2],[3],[9],[16],[17]	1.00%
Interest Rate, PIK	[2],[3],[9],[16],[17]	3.00%
Interest Rate, Cash	[2],[3],[9],[16],[17]	3.00%
Total Coupon	[2],[3],[9],[16],[17]	11.20%
Maturity	[2],[3],[9],[16],[17]	Dec. 17, 2027
Principal	[2],[3],[9],[16],[17]	$ 1,865,874
Cost	[2],[3],[9],[10],[16],[17]	1,829,377
Fair Value	[1],[2],[3],[9],[16],[17]	$ 1,799,449
Investment, Identifier [Axis]: Debt Investments | Software | JOBVITE, Inc. (Employ, Inc.) | First Lien Term Loan | SOFR(S) | Floor Rate 0.75% | Spread 8.00% | Total Coupon 10.93% | Maturity 8/5/2028
Schedule Of Investments [Line Items]
Interest Rate, Floor	[4],[5],[13]			0.75%
Spread	[4],[5],[13]			8.00%
Total Coupon	[4],[5],[13]			10.93%
Maturity	[4],[5],[13]			Aug. 05, 2028
Principal	[4],[5],[13]			$ 7,017,052
Cost	[4],[5],[11],[13]			6,847,683
Fair Value	[4],[5],[12],[13]			$ 6,779,876
Investment, Identifier [Axis]: Debt Investments | Software | JOBVITE, Inc. (Employ, Inc.) | First Lien Term Loan | SOFR(S) | Floor Rate 0.75% | Spread 8.00% | Total Coupon 13.07% | Maturity 8/5/2028
Schedule Of Investments [Line Items]
Interest Rate, Floor	[2],[3],[9]	0.75%
Spread	[2],[3],[9]	8.00%
Total Coupon	[2],[3],[9]	13.07%
Maturity	[2],[3],[9]	Aug. 05, 2028
Principal	[2],[3],[9]	$ 7,017,052
Cost	[2],[3],[9],[10]	6,861,264
Fair Value	[1],[2],[3],[9]	$ 6,852,152
Investment, Identifier [Axis]: Debt Investments | Software | Kaseya Inc. | First Lien Delayed Draw Term Loan | SOFR(M) | Floor Rate 0.75% | Spread 3.75% Cash + 2.50% PIK | Total Coupon 11.36% | Maturity 6/25/2029
Schedule Of Investments [Line Items]
Interest Rate, Floor	[2],[3],[9],[15]	0.75%
Interest Rate, PIK	[2],[3],[9],[15],[17]	2.50%
Interest Rate, Cash	[2],[3],[9],[15],[17]	3.75%
Total Coupon	[2],[3],[9]	11.36%
Maturity	[2],[3],[9]	Jun. 25, 2029
Principal	[2],[3],[9]	$ 27,757
Cost	[2],[3],[9],[10]	24,841
Fair Value	[1],[2],[3],[9]	$ 15,471
Investment, Identifier [Axis]: Debt Investments | Software | Kaseya Inc. | First Lien Delayed Draw Term Loan | SOFR(Q) | Floor Rate 0.75% | Spread 5.75% | Total Coupon 10.33% | Maturity 6/25/2029
Schedule Of Investments [Line Items]
Interest Rate, Floor	[4],[5],[13],[14]			0.75%
Spread	[4],[5],[13],[14]			5.75%
Total Coupon	[4],[5],[13],[14]			10.33%
Maturity	[4],[5],[13],[14]			Jun. 25, 2029
Principal	[4],[5],[13],[14]			$ 0
Cost	[4],[5],[11],[13],[14]			(3,158)
Fair Value	[4],[5],[12],[13],[14]			$ (13,651)
Investment, Identifier [Axis]: Debt Investments | Software | Kaseya Inc. | First Lien Revolver | SOFR(M) | Floor Rate 0.75% | Spread 3.75% Cash + 2.50% PIK | Total Coupon 11.36% | Maturity 6/25/2029
Schedule Of Investments [Line Items]
Interest Rate, Floor	[2],[3],[9],[15]	0.75%
Interest Rate, PIK	[2],[3],[9],[15],[17]	2.50%
Interest Rate, Cash	[2],[3],[9],[15],[17]	3.75%
Total Coupon	[2],[3],[9]	11.36%
Maturity	[2],[3],[9]	Jun. 25, 2029
Principal	[2],[3],[9]	$ 113,760
Cost	[2],[3],[9],[10]	107,915
Fair Value	[1],[2],[3],[9]	$ 101,474
Investment, Identifier [Axis]: Debt Investments | Software | Kaseya Inc. | First Lien Revolver | SOFR(Q) | Floor Rate 0.75% | Spread 5.75% | Total Coupon 10.33% | Maturity 6/25/2029
Schedule Of Investments [Line Items]
Interest Rate, Floor	[4],[5],[13],[14]			0.75%
Spread	[4],[5],[13],[14]			5.75%
Total Coupon	[4],[5],[13],[14]			10.33%
Maturity	[4],[5],[13],[14]			Jun. 25, 2029
Principal	[4],[5],[13],[14]			$ 0
Cost	[4],[5],[11],[13],[14]			(6,318)
Fair Value	[4],[5],[12],[13],[14]			$ (13,651)
Investment, Identifier [Axis]: Debt Investments | Software | Kaseya Inc. | First Lien Term Loan | SOFR(M) | Floor Rate 0.75% | Spread 3.75% Cash + 2.50% PIK | Total Coupon 11.35% | Maturity 6/25/2029
Schedule Of Investments [Line Items]
Interest Rate, Floor	[2],[3],[9]	0.75%
Interest Rate, PIK	[2],[3],[9],[15],[17]	2.50%
Interest Rate, Cash	[2],[3],[9],[15],[17]	3.75%
Total Coupon	[2],[3],[9]	11.35%
Maturity	[2],[3],[9]	Jun. 25, 2029
Principal	[2],[3],[9]	$ 7,444,189
Cost	[2],[3],[9],[10]	7,345,047
Fair Value	[1],[2],[3],[9]	$ 7,243,196
Investment, Identifier [Axis]: Debt Investments | Software | Kaseya Inc. | First Lien Term Loan | SOFR(Q) | Floor Rate 0.75% | Spread 5.75% | Total Coupon 10.33% | Maturity 6/25/2029
Schedule Of Investments [Line Items]
Interest Rate, Floor	[4],[5],[13]			0.75%
Spread	[4],[5],[13]			5.75%
Total Coupon	[4],[5],[13]			10.33%
Maturity	[4],[5],[13]			Jun. 25, 2029
Principal	[4],[5],[13]			$ 7,444,189
Cost	[4],[5],[11],[13]			7,337,399
Fair Value	[4],[5],[12],[13]			$ 7,220,864
Investment, Identifier [Axis]: Debt Investments | Software | Kong Inc. | First Lien Term Loan | SOFR(M) | Floor Rate 1.00% | Spread 5.50% Cash + 3.25% PIK | Total Coupon 12.99% | Maturity 11/1/2027
Schedule Of Investments [Line Items]
Interest Rate, Floor	[4],[5],[13],[22]			1.00%
Interest Rate, PIK	[4],[5],[13],[22]			3.25%
Interest Rate, Cash	[4],[5],[13],[22]			5.50%
Total Coupon	[4],[5],[13],[22]			12.99%
Maturity	[4],[5],[13],[22]			Nov. 01, 2027
Principal	[4],[5],[13],[22]			$ 2,100,294
Cost	[4],[5],[11],[13],[22]			2,058,551
Fair Value	[4],[5],[12],[13],[22]			$ 2,058,288
Investment, Identifier [Axis]: Debt Investments | Software | Kong Inc. | First Lien Term Loan | SOFR(M) | Floor Rate 1.00% | Spread 5.50% Cash + 3.25% PIK | Total Coupon 14.02% | Maturity 11/1/2027
Schedule Of Investments [Line Items]
Interest Rate, Floor	[2],[3],[9],[17]	1.00%
Interest Rate, PIK	[2],[3],[9],[17]	3.25%
Interest Rate, Cash	[2],[3],[9],[17]	5.50%
Total Coupon	[2],[3],[9],[17]	14.02%
Maturity	[2],[3],[9],[17]	Nov. 01, 2027
Principal	[2],[3],[9],[17]	$ 2,134,656
Cost	[2],[3],[9],[10],[17]	2,094,476
Fair Value	[1],[2],[3],[9],[17]	$ 2,113,949
Investment, Identifier [Axis]: Debt Investments | Software | Nvest, Inc. (SigFig) | First Lien Term Loan | SOFR(S) | Floor Rate 1.00% | Spread 7.50% | Total Coupon 11.49% | Maturity 9/15/2025
Schedule Of Investments [Line Items]
Interest Rate, Floor	[4],[5],[13]			1.00%
Spread	[4],[5],[13]			7.50%
Total Coupon	[4],[5],[13]			11.49%
Maturity	[4],[5],[13]			Sep. 15, 2025
Principal	[4],[5],[13]			$ 2,349,466
Cost	[4],[5],[11],[13]			2,318,584
Fair Value	[4],[5],[12],[13]			$ 2,289,789
Investment, Identifier [Axis]: Debt Investments | Software | Nvest, Inc. (SigFig) | First Lien Term Loan | SOFR(S) | Floor Rate 1.00% | Spread 7.50% | Total Coupon 13.15% | Maturity 9/15/2025
Schedule Of Investments [Line Items]
Interest Rate, Floor	[2],[3],[9]	1.00%
Spread	[2],[3],[9]	7.50%
Total Coupon	[2],[3],[9]	13.15%
Maturity	[2],[3],[9]	Sep. 15, 2025
Principal	[2],[3],[9]	$ 2,349,466
Cost	[2],[3],[9],[10]	2,325,368
Fair Value	[1],[2],[3],[9]	$ 2,277,572
Investment, Identifier [Axis]: Debt Investments | Software | Oversight Systems, Inc. | First Lien Delayed Draw Term Loan | SOFR(M) | Floor Rate 1.00% | Spread 7.75% | Total Coupon 14.70% | Maturity 9/24/2026
Schedule Of Investments [Line Items]
Interest Rate, Floor	[2],[3],[9]	1.00%
Spread	[2],[3],[9]	7.75%
Total Coupon	[2],[3],[9]	12.95%
Maturity	[2],[3],[9]	Sep. 24, 2026
Principal	[2],[3],[9]	$ 0
Cost	[2],[3],[9],[10]	(1,397)
Fair Value	[1],[2],[3],[9]	$ (1,389)
Investment, Identifier [Axis]: Debt Investments | Software | Oversight Systems, Inc. | First Lien Term Loan | LIBOR(M) | Floor Rate 1.00% | Spread 7.00% | Total Coupon 11.38% | Maturity 9/24/2026
Schedule Of Investments [Line Items]
Interest Rate, Floor	[4],[5],[13]			1.00%
Spread	[4],[5],[13]			7.00%
Total Coupon	[4],[5],[13]			11.38%
Maturity	[4],[5],[13]			Sep. 24, 2026
Principal	[4],[5],[13]			$ 1,543,315
Cost	[4],[5],[11],[13]			1,519,175
Fair Value	[4],[5],[12],[13]			$ 1,481,582
Investment, Identifier [Axis]: Debt Investments | Software | Oversight Systems, Inc. | First Lien Term Loan | SOFR(M) | Floor Rate 1.00% | Spread 7.75% | Total Coupon 14.70% | Maturity 9/24/2026
Schedule Of Investments [Line Items]
Interest Rate, Floor	[2],[3],[9]	1.00%
Spread	[2],[3],[9]	7.75%
Total Coupon	[2],[3],[9]	12.95%
Maturity	[2],[3],[9]	Sep. 24, 2026
Principal	[2],[3],[9]	$ 1,608,107
Cost	[2],[3],[9],[10]	1,586,095
Fair Value	[1],[2],[3],[9]	$ 1,577,392
Investment, Identifier [Axis]: Debt Investments | Software | SEP Eiger BidCo Ltd. (Beqom) (Switzerland) | First Lien Revolver | SOFR(Q) | Floor Rate 1.00% | Spread 6.50% | Total Coupon 10.71% | Maturity 5/9/2028
Schedule Of Investments [Line Items]
Interest Rate, Floor	[4],[5],[13],[14],[18],[19]			1.00%
Spread	[4],[5],[13],[14],[18],[19]			6.50%
Total Coupon	[4],[5],[13],[14],[18],[19]			10.71%
Maturity	[4],[5],[13],[14],[18],[19]			May 09, 2028
Principal	[4],[5],[13],[14],[18],[19]			$ 0
Cost	[4],[5],[11],[13],[14],[18],[19]			(10,516)
Fair Value	[4],[5],[12],[13],[14],[18],[19]			$ (17,476)
Investment, Identifier [Axis]: Debt Investments | Software | SEP Eiger BidCo Ltd. (Beqom) (Switzerland) | First Lien Revolver | SOFR(Q) | Floor Rate 1.00% | Spread 6.50% | Total Coupon 11.54% | Maturity 5/9/2028
Schedule Of Investments [Line Items]
Interest Rate, Floor	[2],[3],[9],[15],[20],[21]	1.00%
Spread	[2],[3],[9],[15],[20],[21]	6.50%
Total Coupon	[2],[3],[9],[15],[20],[21]	11.54%
Maturity	[2],[3],[9],[15],[20],[21]	May 09, 2028
Principal	[2],[3],[9],[15],[21],[23]	$ 0
Cost	[2],[3],[9],[10],[17],[20],[21]	(9,543)
Fair Value	[1],[2],[3],[9],[15],[20],[21]	$ (5,413)
Investment, Identifier [Axis]: Debt Investments | Software | SEP Eiger BidCo Ltd. (Beqom) (Switzerland) | First Lien Term Loan | SOFR(Q) | Floor Rate 1.00% | Spread 3.00% Cash + 3.50% PIK | Total Coupon 10.71% | Maturity 5/9/2028
Schedule Of Investments [Line Items]
Interest Rate, Floor	[4],[5],[13],[18],[19],[22]			1.00%
Interest Rate, PIK	[4],[5],[13],[18],[19],[22]			3.50%
Interest Rate, Cash	[4],[5],[13],[18],[19],[22]			3.00%
Total Coupon	[4],[5],[13],[18],[19],[22]			10.71%
Maturity	[4],[5],[13],[18],[19],[22]			May 09, 2028
Principal	[4],[5],[13],[18],[19],[22]			$ 5,645,032
Cost	[4],[5],[11],[13],[18],[19],[22]			5,541,077
Fair Value	[4],[5],[12],[13],[18],[19],[22]			$ 5,477,375
Investment, Identifier [Axis]: Debt Investments | Software | SEP Eiger BidCo Ltd. (Beqom) (Switzerland) | First Lien Term Loan | SOFR(Q) | Floor Rate 1.00% | Spread 3.00% Cash + 3.50% PIK | Total Coupon 11.54% | Maturity 5/9/2028
Schedule Of Investments [Line Items]
Interest Rate, Floor	[2],[3],[9],[17],[20],[21]	1.00%
Interest Rate, PIK	[2],[3],[9],[17],[20],[21]	3.50%
Interest Rate, Cash	[2],[3],[9],[17],[20],[21]	3.00%
Total Coupon	[2],[3],[9],[17],[20],[21]	11.54%
Maturity	[2],[3],[9],[17],[20],[21]	May 09, 2028
Principal	[2],[3],[9],[17],[20],[21]	$ 5,873,287
Cost	[2],[3],[9],[10],[17],[20],[21]	5,775,615
Fair Value	[1],[2],[3],[9],[17],[20],[21]	$ 5,819,252
Investment, Identifier [Axis]: Debt Investments | Software | SEP Raptor Acquisition, Inc. (Loopio) (Canada) | First Lien Revolver | LIBOR(Q) | Floor Rate 1.00% | Spread 4.50% Cash + 3.00% PIK | Total Coupon 12.25% | Maturity 3/31/2027
Schedule Of Investments [Line Items]
Interest Rate, Floor	[4],[5],[13],[14],[18],[19],[22]			1.00%
Interest Rate, PIK	[4],[5],[13],[14],[18],[19],[22]			3.00%
Interest Rate, Cash	[4],[5],[13],[14],[18],[19],[22]			4.50%
Total Coupon	[4],[5],[13],[14],[18],[19],[22]			12.25%
Maturity	[4],[5],[13],[14],[18],[19],[22]			Mar. 31, 2027
Principal	[4],[5],[13],[14],[18],[19],[22]			$ 0
Cost	[4],[5],[11],[13],[14],[18],[19],[22]			(5,816)
Fair Value	[4],[5],[12],[13],[14],[18],[19],[22]			$ (7,373)
Investment, Identifier [Axis]: Debt Investments | Software | SEP Raptor Acquisition, Inc. (Loopio) (Canada) | First Lien Revolver | SOFR(Q) | Floor Rate 1.00% | Spread 7.00% | Total Coupon 12.89% | Maturity 3/31/2027
Schedule Of Investments [Line Items]
Interest Rate, Floor	[2],[3],[9],[15],[17],[20],[21]	1.00%
Spread	[2],[3],[9],[15],[20],[21]	7.00%
Total Coupon	[2],[3],[9],[15],[20],[21]	12.89%
Maturity	[2],[3],[9],[15],[20],[21]	Mar. 31, 2027
Principal	[2],[3],[9],[15],[21],[23]	$ 0
Cost	[2],[3],[9],[10],[17],[20],[21]	(5,135)
Fair Value	[1],[2],[3],[9],[15],[20],[21]	$ (7,373)
Investment, Identifier [Axis]: Debt Investments | Software | SEP Raptor Acquisition, Inc. (Loopio) (Canada) | First Lien Term Loan | LIBOR(Q) | Floor Rate 1.00% | Spread 4.50% Cash + 3.00% PIK | Total Coupon 12.25% | Maturity 3/31/2027
Schedule Of Investments [Line Items]
Interest Rate, Floor	[4],[5],[13],[18],[19],[22]			1.00%
Interest Rate, PIK	[4],[5],[13],[18],[19],[22]			3.00%
Interest Rate, Cash	[4],[5],[13],[18],[19],[22]			4.50%
Total Coupon	[4],[5],[13],[18],[19],[22]			12.25%
Maturity	[4],[5],[13],[18],[19],[22]			Mar. 31, 2027
Principal	[4],[5],[13],[18],[19],[22]			$ 3,799,349
Cost	[4],[5],[11],[13],[18],[19],[22]			3,742,283
Fair Value	[4],[5],[12],[13],[18],[19],[22]			$ 3,730,961
Investment, Identifier [Axis]: Debt Investments | Software | SEP Raptor Acquisition, Inc. (Loopio) (Canada) | First Lien Term Loan | SOFR(Q) | Floor Rate 1.00% | Spread 7.00% | Total Coupon 12.89% | Maturity 3/31/2027
Schedule Of Investments [Line Items]
Interest Rate, Floor	[2],[3],[9],[17],[20],[21]	1.00%
Spread	[2],[3],[9],[15],[20],[21]	7.00%
Total Coupon	[2],[3],[9],[15],[20],[21]	12.89%
Maturity	[2],[3],[9],[15],[20],[21]	Mar. 31, 2027
Principal	[2],[3],[9],[17],[20],[21]	$ 3,828,161
Cost	[2],[3],[9],[10],[17],[20],[21]	3,778,273
Fair Value	[1],[2],[3],[9],[15],[20],[21]	$ 3,759,254
Investment, Identifier [Axis]: Debt Investments | Software | Superman Holdings, LLC (Foundation Software) | First Lien 2023 Incremental Delayed Draw Term Loan | SOFR(Q) | Floor Rate 1.00% | Spread 5.75% | Total Coupon 10.99% | Maturity 8/31/2027
Schedule Of Investments [Line Items]
Interest Rate, Floor	[2],[3],[9]	1.00%
Spread	[2],[3],[9]	5.75%
Total Coupon	[2],[3],[9]	10.99%
Maturity	[2],[3],[9]	Aug. 31, 2027
Principal	[2],[3],[9]	$ 0
Cost	[2],[3],[9],[10]	(4,140)
Fair Value	[1],[2],[3],[9]	$ (7,237)
Investment, Identifier [Axis]: Debt Investments | Software | Superman Holdings, LLC (Foundation Software) | First Lien Revolver | LIBOR(Q) | Floor Rate 1.00% | Spread 6.13% | Total Coupon 10.85% | Maturity 8/31/2026
Schedule Of Investments [Line Items]
Interest Rate, Floor	[4],[5],[13],[14]			1.00%
Spread	[4],[5],[13],[14]			6.13%
Total Coupon	[4],[5],[13],[14]			10.85%
Maturity	[4],[5],[13],[14]			Aug. 31, 2026
Principal	[4],[5],[13],[14]			$ 0
Cost	[4],[5],[11],[13],[14]			(5,050)
Fair Value	[4],[5],[12],[13],[14]			$ (5,601)
Investment, Identifier [Axis]: Debt Investments | Software | Superman Holdings, LLC (Foundation Software) | First Lien Revolver | SOFR(Q) | Floor Rate 1.00% | Spread 5.75% | Total Coupon 10.99% | Maturity 8/31/2026
Schedule Of Investments [Line Items]
Interest Rate, Floor	[2],[3],[9],[15]	1.00%
Spread	[2],[3],[9],[15]	5.75%
Total Coupon	[2],[3],[9],[15]	10.99%
Maturity	[2],[3],[9],[15]	Aug. 31, 2026
Principal	[2],[3],[9],[15]	$ 0
Cost	[2],[3],[9],[10],[15]	(4,372)
Fair Value	[1],[2],[3],[9],[15]	$ (6,918)
Investment, Identifier [Axis]: Debt Investments | Software | Superman Holdings, LLC (Foundation Software) | First Lien Term Loan | LIBOR(Q) | Floor Rate 1.00% | Spread 6.13% | Total Coupon 10.85% | Maturity 8/31/2027
Schedule Of Investments [Line Items]
Interest Rate, Floor	[4],[5],[13]			1.00%
Spread	[4],[5],[13]			6.13%
Total Coupon	[4],[5],[13]			10.85%
Maturity	[4],[5],[13]			Aug. 31, 2027
Principal	[4],[5],[13]			$ 4,616,646
Cost	[4],[5],[11],[13]			4,536,715
Fair Value	[4],[5],[12],[13]			$ 4,538,163
Investment, Identifier [Axis]: Debt Investments | Software | Superman Holdings, LLC (Foundation Software) | First Lien Term Loan | SOFR(Q) | Floor Rate 1.00% | Spread 5.75% | Total Coupon 10.99% | Maturity 8/31/2027
Schedule Of Investments [Line Items]
Interest Rate, Floor	[2],[3],[9]	1.00%
Spread	[2],[3],[9]	5.75%
Total Coupon	[2],[3],[9]	10.99%
Maturity	[2],[3],[9]	Aug. 31, 2027
Principal	[2],[3],[9]	$ 6,054,235
Cost	[2],[3],[9],[10]	5,945,747
Fair Value	[1],[2],[3],[9]	$ 5,927,096
Investment, Identifier [Axis]: Debt Investments | Software | Syntellis Parent, LLC (Axiom Software) | First Lien Term Loan | SOFR(M) | Floor Rate 0.75% | Spread 6.50% | Total Coupon 10.82% | Maturity 8/2/2027
Schedule Of Investments [Line Items]
Interest Rate, Floor	[4],[5],[13]			0.75%
Spread	[4],[5],[13]			6.50%
Total Coupon	[4],[5],[13]			10.82%
Maturity	[4],[5],[13]			Aug. 02, 2027
Principal	[4],[5],[13]			$ 7,652,145
Cost	[4],[5],[11],[13]			7,502,382
Fair Value	[4],[5],[12],[13]			$ 7,422,580
Investment, Identifier [Axis]: Debt Investments | Software | Syntellis Parent, LLC (Axiom Software) | First Lien Term Loan | SOFR(M) | Floor Rate 0.75% | Spread 6.50% | Total Coupon 11.60% | Maturity 8/2/2027
Schedule Of Investments [Line Items]
Interest Rate, Floor	[2],[3],[9]	0.75%
Spread	[2],[3],[9]	6.50%
Total Coupon	[2],[3],[9]	11.60%
Maturity	[2],[3],[9]	Aug. 02, 2027
Principal	[2],[3],[9]	$ 7,613,616
Cost	[2],[3],[9],[10]	7,477,716
Fair Value	[1],[2],[3],[9]	$ 7,446,117
Investment, Identifier [Axis]: Debt Investments | Software | Tessian Inc. (United Kingdom) | First Lien Term Loan | SOFR(Q) | Floor Rate 1.00% | Spread 8.00% | Total Coupon 13.26% | Maturity 3/15/2028
Schedule Of Investments [Line Items]
Interest Rate, Floor	[20],[21]	1.00%
Spread	[20],[21]	8.00%
Total Coupon	[20],[21]	13.26%
Maturity	[20],[21]	Mar. 15, 2028
Principal	[20],[21]	$ 2,236,105
Cost	[10],[20],[21]	2,193,106
Fair Value	[20],[21]	$ 2,193,619
Investment, Identifier [Axis]: Debt Investments | Software | Zendesk, Inc. | First Lien Delayed Draw Term Loan | SOFR(Q) | Floor Rate 0.75% | Spread 3.50% Cash + 3.50% PIK | Total Coupon 12.25% | Maturity 11/22/2028
Schedule Of Investments [Line Items]
Interest Rate, Floor	[2],[3],[9],[15],[17]	0.75%
Interest Rate, PIK	[2],[3],[9],[15],[17]	3.50%
Interest Rate, Cash	[2],[3],[9],[15],[17]	3.50%
Total Coupon	[2],[3],[9],[15],[17]	12.25%
Maturity	[2],[3],[9],[15],[17]	Nov. 22, 2028
Principal	[2],[3],[9],[15],[17]	$ 0
Cost	[2],[3],[9],[10],[15],[17]	(11,665)
Fair Value	[1],[2],[3],[9],[17]	$ (3,893)
Investment, Identifier [Axis]: Debt Investments | Software | Zendesk, Inc. | First Lien Delayed Draw Term Loan | SOFR(Q) | Floor Rate 0.75% | Spread 6.50% | Total Coupon 11.04% | Maturity 11/22/2028
Schedule Of Investments [Line Items]
Interest Rate, Floor	[4],[5],[13],[14]			0.75%
Spread	[4],[5],[13],[14]			6.50%
Total Coupon	[4],[5],[13],[14]			11.04%
Maturity	[4],[5],[13],[14]			Nov. 22, 2028
Principal	[4],[5],[13],[14]			$ 0
Cost	[4],[5],[11],[13],[14]			(12,739)
Fair Value	[4],[5],[12],[13],[14]			$ (25,952)
Investment, Identifier [Axis]: Debt Investments | Software | Zendesk, Inc. | First Lien Revolver | SOFR(Q) | Floor Rate 0.75% | Spread 6.50% | Total Coupon 11.04% | Maturity 11/22/2028
Schedule Of Investments [Line Items]
Interest Rate, Floor	[4],[5],[13],[14]			0.75%
Spread	[4],[5],[13],[14]			6.50%
Total Coupon	[4],[5],[13],[14]			11.04%
Maturity	[4],[5],[13],[14]			Nov. 22, 2028
Principal	[4],[5],[13],[14]			$ 0
Cost	[4],[5],[11],[13],[14]			(10,499)
Fair Value	[4],[5],[12],[13],[14]			$ (10,686)
Investment, Identifier [Axis]: Debt Investments | Software | Zendesk, Inc. | First Lien Revolver | SOFR(Q) | Floor Rate 0.75% | Spread 6.50% | Total Coupon 11.75% | Maturity 11/22/2028
Schedule Of Investments [Line Items]
Interest Rate, Floor	[3],[9],[15]	0.75%
Spread	[2],[3],[9],[15]	6.50%
Total Coupon	[2],[3],[9],[15]	11.75%
Maturity	[2],[3],[9],[15]	Nov. 22, 2028
Principal	[2],[3],[9],[15]	$ 0
Cost	[2],[3],[9],[10],[15],[17]	(9,632)
Fair Value	[1],[2],[3],[9],[17]	$ (1,603)
Investment, Identifier [Axis]: Debt Investments | Software | Zendesk, Inc. | First Lien Term Loan | SOFR(Q) | Floor Rate 0.75% | Spread 3.50% Cash + 3.50% PIK | Total Coupon 12.25% | Maturity 11/22/2028
Schedule Of Investments [Line Items]
Interest Rate, Floor	[2],[3],[9],[17]	0.75%
Interest Rate, PIK	[2],[3],[9],[17]	3.50%
Interest Rate, Cash	[2],[3],[9],[17]	3.50%
Total Coupon	[2],[3],[9],[17]	12.25%
Maturity	[2],[3],[9],[17]	Nov. 22, 2028
Principal	[2],[3],[9],[17]	$ 5,235,769
Cost	[2],[3],[9],[10],[17]	5,141,742
Fair Value	[1],[2],[3],[9],[17]	$ 5,220,062
Investment, Identifier [Axis]: Debt Investments | Software | Zendesk, Inc. | First Lien Term Loan | SOFR(Q) | Floor Rate 0.75% | Spread 6.50% | Total Coupon 11.04% | Maturity 11/22/2028
Schedule Of Investments [Line Items]
Interest Rate, Floor	[4],[5],[13]			0.75%
Spread	[4],[5],[13]			6.50%
Total Coupon	[4],[5],[13]			11.04%
Maturity	[4],[5],[13]			Nov. 22, 2028
Principal	[4],[5],[13]			$ 5,190,354
Cost	[4],[5],[11],[13]			5,086,883
Fair Value	[4],[5],[12],[13]			$ 5,086,547
Investment, Identifier [Axis]: Debt Investments | Software | Zilliant Incorporated | First Lien Delayed Draw Term Loan | LIBOR(M) | Floor Rate 0.75% | Spread 2.00% Cash + 4.50% PIK | Total Coupon 10.85% | Maturity 12/21/2027
Schedule Of Investments [Line Items]
Interest Rate, Floor	[4],[5],[13],[14],[22]			0.75%
Interest Rate, PIK	[4],[5],[13],[14],[22]			4.50%
Interest Rate, Cash	[4],[5],[13],[14],[22]			2.00%
Total Coupon	[4],[5],[13],[14],[22]			10.85%
Maturity	[4],[5],[13],[14],[22]			Dec. 21, 2027
Principal	[4],[5],[13],[14],[22]			$ 0
Cost	[4],[5],[11],[13],[14],[22]			(2,442)
Fair Value	[4],[5],[12],[13],[14],[22]			$ (22,963)
Investment, Identifier [Axis]: Debt Investments | Software | Zilliant Incorporated | First Lien Delayed Draw Term Loan | LIBOR(M) | Floor Rate 0.75% | Spread 2.00% Cash + 4.50% PIK | Total Coupon 11.65% | Maturity 12/21/2027
Schedule Of Investments [Line Items]
Interest Rate, Floor	[3],[9],[15],[17]	0.75%
Interest Rate, PIK	[2],[3],[9],[15],[17]	4.50%
Interest Rate, Cash	[2],[3],[9],[15],[17]	2.00%
Total Coupon	[2],[3],[9],[15],[17]	11.65%
Maturity	[2],[3],[9],[15],[17]	Dec. 21, 2027
Principal	[2],[3],[9],[15],[17]	$ 0
Cost	[2],[3],[9],[10],[15],[17]	(1,832)
Fair Value	[1],[2],[3],[9],[15],[17]	$ (18,889)
Investment, Identifier [Axis]: Debt Investments | Software | Zilliant Incorporated | First Lien Revolver | LIBOR(M) | Floor Rate 0.75% | Spread 6.00% | Total Coupon 10.35% | Maturity 12/21/2027
Schedule Of Investments [Line Items]
Interest Rate, Floor	[4],[5],[13],[14]			0.75%
Spread	[4],[5],[13],[14]			6.00%
Total Coupon	[4],[5],[13],[14]			10.35%
Maturity	[4],[5],[13],[14]			Dec. 21, 2027
Principal	[4],[5],[13],[14]			$ 0
Cost	[4],[5],[11],[13],[14]			(2,458)
Fair Value	[4],[5],[12],[13],[14]			$ (9,185)
Investment, Identifier [Axis]: Debt Investments | Software | Zilliant Incorporated | First Lien Revolver | LIBOR(M) | Floor Rate 0.75% | Spread 6.00% | Total Coupon 11.15% | Maturity 12/21/2027
Schedule Of Investments [Line Items]
Interest Rate, Floor	[3],[9],[15]	0.75%
Spread	[2],[3],[9],[15]	6.00%
Total Coupon	[2],[3],[9],[15]	11.15%
Maturity	[2],[3],[9],[15]	Dec. 21, 2027
Principal	[2],[3],[9],[15]	$ 0
Cost	[2],[3],[9],[10],[15]	(2,214)
Fair Value	[1],[2],[3],[9],[15]	$ (7,556)
Investment, Identifier [Axis]: Debt Investments | Software | Zilliant Incorporated | First Lien Term Loan | LIBOR(M) | Floor Rate 0.75% | Spread 2.00% Cash + 4.50% PIK | Total Coupon 10.85% | Maturity 12/21/2027
Schedule Of Investments [Line Items]
Interest Rate, Floor	[4],[5],[13],[22]			0.75%
Interest Rate, PIK	[4],[5],[13],[22]			4.50%
Interest Rate, Cash	[4],[5],[13],[22]			2.00%
Total Coupon	[4],[5],[13],[22]			10.85%
Maturity	[4],[5],[13],[22]			Dec. 21, 2027
Principal	[4],[5],[13],[22]			$ 1,550,239
Cost	[4],[5],[11],[13],[22]			1,524,752
Fair Value	[4],[5],[12],[13],[22]			1,454,124
Investment, Identifier [Axis]: Debt Investments | Software | Zilliant Incorporated | First Lien Term Loan | LIBOR(M) | Floor Rate 0.75% | Spread 2.00% Cash + 4.50% PIK | Total Coupon 11.65% | Maturity 12/21/2027
Schedule Of Investments [Line Items]
Interest Rate, Floor	[3],[9],[17]	0.75%
Interest Rate, PIK	[2],[3],[9],[17]	4.50%
Interest Rate, Cash	[2],[3],[9],[17]	2.00%
Total Coupon	[2],[3],[9],[17]	11.65%
Maturity	[2],[3],[9],[17]	Dec. 21, 2027
Principal	[2],[3],[9],[17]	$ 1,586,831
Cost	[2],[3],[9],[10],[17]	1,563,715
Fair Value	[1],[2],[3],[9],[17]	1,505,902
Investment, Identifier [Axis]: Debt Investments | Specialty Retail
Schedule Of Investments [Line Items]
Cost	[2],[3],[9],[10]	11,026,330
Fair Value	[1],[2],[3],[9]	$ 10,658,045
Investment, Identifier [Axis]: Debt Investments | Specialty Retail
Schedule Of Investments [Line Items]
Cost	[4],[5],[11],[13]			11,424,472
Fair Value	[4],[5],[12],[13]			$ 11,115,033
Investment, Identifier [Axis]: Debt Investments | Specialty Retail | Calceus Acquisition, Inc. (Cole Haan) | First Lien Sr Secured Notes | Fixed Spread 9.75% | Total Coupon 9.75% | Maturity 2/19/2025
Schedule Of Investments [Line Items]
Interest Rate, Floor	[2],[3],[9]	0.00%
Spread	[2],[3],[9]	9.75%
Total Coupon	[2],[3],[9]	9.75%
Maturity	[2],[3],[9]	Feb. 19, 2025
Principal	[2],[3],[9]	$ 1,000,000
Cost	[2],[3],[9],[10]	988,074
Fair Value	[1],[2],[3],[9]	$ 988,000
Investment, Identifier [Axis]: Debt Investments | Specialty Retail | Calceus Acquisition, Inc. (Cole Haan) | First Lien Sr Secured Notes | Fixed | Spread 9.75% | Total Coupon 9.75% | Maturity 2/19/2025
Schedule Of Investments [Line Items]
Interest Rate, Floor	[4],[5],[13]			0.00%
Spread	[4],[5],[13]			9.75%
Total Coupon	[4],[5],[13]			9.75%
Maturity	[4],[5],[13]			Feb. 19, 2025
Principal	[4],[5],[13]			$ 1,000,000
Cost	[4],[5],[11],[13]			984,665
Fair Value	[4],[5],[12],[13]			$ 916,000
Investment, Identifier [Axis]: Debt Investments | Specialty Retail | Calceus Acquisition, Inc. (Cole Haan) | First Lien Term Loan B | LIBOR(Q) | Spread 5.50% | Total Coupon 10.23% | Maturity 2/12/2025
Schedule Of Investments [Line Items]
Interest Rate, Floor	[4],[5],[13],[24]			0.00%
Spread	[4],[5],[13],[24]			5.50%
Total Coupon	[4],[5],[13],[24]			10.23%
Maturity	[4],[5],[13],[24]			Feb. 12, 2025
Principal	[4],[5],[13],[24]			$ 3,678,280
Cost	[4],[5],[11],[13],[24]			3,399,559
Fair Value	[4],[5],[12],[13],[24]			$ 3,387,070
Investment, Identifier [Axis]: Debt Investments | Specialty Retail | Calceus Acquisition, Inc. (Cole Haan) | First Lien Term Loan B | LIBOR(Q) | Spread 5.50% | Total Coupon 11.04% | Maturity 2/12/2025
Schedule Of Investments [Line Items]
Interest Rate, Floor	[2],[3],[9],[23]	0.00%
Spread	[2],[3],[9],[23]	5.50%
Total Coupon	[2],[3],[9],[23]	11.04%
Maturity	[2],[3],[9],[23]	Feb. 12, 2025
Principal	[2],[3],[9],[23]	$ 3,574,667
Cost	[2],[3],[9],[10],[23]	3,363,498
Fair Value	[1],[2],[3],[9],[23]	$ 3,443,584
Investment, Identifier [Axis]: Debt Investments | Specialty Retail | Hanna Andersson, LLC | First Lien Term Loan | LIBOR(M) | Floor Rate 1.00% | Spread 6.00% | Total Coupon 10.29% | Maturity 7/2/2026
Schedule Of Investments [Line Items]
Interest Rate, Floor	[4],[5],[13]			1.00%
Spread	[4],[5],[13]			6.00%
Total Coupon	[4],[5],[13]			10.29%
Maturity	[4],[5],[13]			Jul. 02, 2026
Principal	[4],[5],[13]			$ 7,147,915
Cost	[4],[5],[11],[13]			7,040,248
Fair Value	[4],[5],[12],[13]			$ 6,811,963
Investment, Identifier [Axis]: Debt Investments | Specialty Retail | Hanna Andersson, LLC | First Lien Term Loan | LIBOR(M) | Floor Rate 1.00% | Spread 6.00% | Total Coupon 11.15% | Maturity 7/2/2026
Schedule Of Investments [Line Items]
Interest Rate, Floor	[2],[3],[9]	1.00%
Spread	[2],[3],[9]	6.00%
Total Coupon	[2],[3],[9]	11.15%
Maturity	[2],[3],[9]	Jul. 02, 2026
Principal	[2],[3],[9]	$ 6,760,544
Cost	[2],[3],[9],[10]	6,674,758
Fair Value	[1],[2],[3],[9]	$ 6,226,461
Investment, Identifier [Axis]: Debt Investments | Technology Hardware, Storage & Peripherals | SumUp Holdings Luxembourg S.A.R.L. (United Kingdom) | First Lien Delayed Draw Term Loan | SOFR(Q) | Floor Rate 1.00% | Spread 7.00% | Total Coupon 11.68% | Maturity 2/17/2026
Schedule Of Investments [Line Items]
Interest Rate, Floor	[4],[5],[13],[18],[19]			1.00%
Spread	[4],[5],[13],[18],[19]			7.00%
Total Coupon	[4],[5],[13],[18],[19]			11.68%
Maturity	[4],[5],[13],[18],[19]			Feb. 17, 2026
Principal	[4],[5],[13],[18],[19]			$ 10,842,857
Cost	[4],[5],[11],[13],[18],[19]			10,679,921
Fair Value	[4],[5],[12],[13],[18],[19]			10,452,514
Investment, Identifier [Axis]: Debt Investments | Technology Hardware, Storage & Peripherals | SumUp Holdings Luxembourg S.A.R.L. (United Kingdom) | First Lien Delayed Draw Term Loan | SOFR(Q) | Floor Rate 1.00% | Spread 7.00% | Total Coupon 12.37% | Maturity 2/17/2026
Schedule Of Investments [Line Items]
Interest Rate, Floor	[2],[3],[9],[20],[21]	1.00%
Spread	[2],[3],[9],[20],[21]	7.00%
Total Coupon	[2],[3],[9],[20],[21]	12.37%
Maturity	[2],[3],[9],[20],[21]	Feb. 17, 2026
Principal	[2],[3],[9],[20],[21]	$ 10,842,857
Cost	[2],[3],[9],[10],[20],[21]	10,716,567
Fair Value	[1],[2],[3],[9],[20],[21]	10,691,057
Investment, Identifier [Axis]: Debt Investments | Textiles, Apparel & Luxury Goods
Schedule Of Investments [Line Items]
Cost		9,731,162	[2],[3],[9],[10]	9,719,530	[4],[5],[11]
Fair Value		$ 9,912,646	[1],[2],[3],[9]	$ 9,821,542	[4],[5],[12]
Investment, Identifier [Axis]: Debt Investments | Textiles, Apparel & Luxury Goods | James Perse Enterprises, Inc. | First Lien Revolver | SOFR(Q) | Floor Rate 1.00% | Spread 6.25% | Total Coupon 10.93% | Maturity 9/8/2027
Schedule Of Investments [Line Items]
Interest Rate, Floor	[4],[5],[14]			1.00%
Spread	[4],[5],[14]			6.25%
Total Coupon	[4],[5],[14]			10.93%
Maturity	[4],[5],[14]			Sep. 08, 2027
Principal	[4],[5]			$ 0
Cost	[4],[5],[11],[14]			(18,354)
Fair Value	[4],[5],[12],[14]			$ (5,301)
Investment, Identifier [Axis]: Debt Investments | Textiles, Apparel & Luxury Goods | James Perse Enterprises, Inc. | First Lien Revolver | SOFR(S) | Floor Rate 1.00% | Spread 6.25% | Total Coupon 11.38% | Maturity 9/8/2027
Schedule Of Investments [Line Items]
Interest Rate, Floor	[2],[3],[9],[15]	1.00%
Spread	[2],[3],[9],[15]	6.25%
Total Coupon	[2],[3],[9],[15]	11.38%
Maturity	[2],[3],[9],[15]	Sep. 08, 2027
Principal	[2],[3],[9],[15]	$ 0
Cost	[2],[3],[9],[10],[15]	(16,422)
Fair Value	[1],[2],[3],[9],[15]	$ 0
Investment, Identifier [Axis]: Debt Investments | Textiles, Apparel & Luxury Goods | James Perse Enterprises, Inc. | First Lien Term Loan | SOFR(Q) | Floor Rate 1.00% | Spread 6.25% | Total Coupon 10.93% | Maturity 9/8/2027
Schedule Of Investments [Line Items]
Interest Rate, Floor	[4],[5]			1.00%
Spread	[4],[5]			6.25%
Total Coupon	[4],[5]			10.93%
Maturity	[4],[5]			Sep. 08, 2027
Principal	[4],[5]			$ 9,862,348
Cost	[4],[5],[11]			9,737,884
Fair Value	[4],[5],[12]			9,826,843
Investment, Identifier [Axis]: Debt Investments | Textiles, Apparel & Luxury Goods | James Perse Enterprises, Inc. | First Lien Term Loan | SOFR(S) | Floor Rate 1.00% | Spread 6.25% | Total Coupon 11.38% | Maturity 9/8/2027
Schedule Of Investments [Line Items]
Interest Rate, Floor	[2],[3],[9]	1.00%
Spread	[2],[3],[9]	6.25%
Total Coupon	[2],[3],[9]	11.38%
Maturity	[2],[3],[9]	Sep. 08, 2027
Principal	[2],[3],[9]	$ 9,862,348
Cost	[2],[3],[9],[10]	9,747,584
Fair Value	[1],[2],[3],[9]	$ 9,912,646
Investment, Identifier [Axis]: Debt Investments | Trading Companies & Distributors
Schedule Of Investments [Line Items]
Cost	[4],[5],[11]			3,472,874
Fair Value	[4],[5],[12]			$ 3,342,087
Investment, Identifier [Axis]: Debt Investments | Trading Companies & Distributors | Blackbird Purchaser, Inc. (Ohio Transmission Corp.) | Second Lien Delayed Draw Term Loan | LIBOR(M) | Floor Rate 0.75% | Spread 7.50% | Total Coupon 11.88% | Maturity 4/8/2027
Schedule Of Investments [Line Items]
Interest Rate, Floor	[4],[5],[14]			0.75%
Spread	[4],[5],[14]			7.50%
Total Coupon	[4],[5],[14]			11.88%
Maturity	[4],[5],[14]			Apr. 08, 2027
Principal	[4],[5]			$ 0
Cost	[4],[5],[11],[14]			(7,181)
Fair Value	[4],[5],[12],[14]			$ (49,315)
Investment, Identifier [Axis]: Debt Investments | Trading Companies & Distributors | Blackbird Purchaser, Inc. (Ohio Transmission Corp.) | Second Lien Term Loan | LIBOR(M) | Floor Rate 0.75% | Spread 7.50% | Total Coupon 11.88% | Maturity 4/8/2027
Schedule Of Investments [Line Items]
Interest Rate, Floor	[4],[5]			0.75%
Spread	[4],[5]			7.50%
Total Coupon	[4],[5]			11.88%
Maturity	[4],[5]			Apr. 08, 2027
Principal	[4],[5]			$ 3,539,347
Cost	[4],[5],[11]			3,480,055
Fair Value	[4],[5],[12]			$ 3,391,402
Investment, Identifier [Axis]: Debt Investments | Trading Companies & Distributors | Blackbird Purchaser, Inc. (Ohio Transmission Corp.) | Second Lien Term Loan | SOFR(M) | Floor Rate 0.75% | Spread 7.50% | Total Coupon 12.70% | Maturity 4/8/2027
Schedule Of Investments [Line Items]
Interest Rate, Floor	[2],[3],[9]	0.75%
Spread	[2],[3],[9]	7.50%
Total Coupon	[2],[3],[9]	12.70%
Maturity	[2],[3],[9]	Apr. 08, 2027
Principal	[2],[3],[9]	$ 3,539,347
Cost	[2],[3],[9],[10]	3,487,292
Fair Value	[1],[2],[3],[9]	$ 3,451,925
Investment, Identifier [Axis]: Debt Investments | Wireless Telecommunication Services | OpenMarket, Inc. (Infobip) (United Kingdom) | First Lien Term Loan | LIBOR(Q) | Floor Rate 0.75% | Spread 6.25% | Total Coupon 10.98% | Maturity 9/17/2026
Schedule Of Investments [Line Items]
Interest Rate, Floor	[4],[5],[18],[19]			0.75%
Spread	[4],[5],[18],[19]			6.25%
Total Coupon	[4],[5],[18],[19]			10.98%
Maturity	[4],[5],[18],[19]			Sep. 17, 2026
Principal	[4],[5],[18],[19]			$ 4,937,500
Cost	[4],[5],[11],[18],[19]			4,841,489
Fair Value	[4],[5],[12],[18],[19]			$ 4,781,475
Investment, Identifier [Axis]: Debt Investments | Wireless Telecommunication Services | OpenMarket, Inc. (Infobip) (United Kingdom) | First Lien Term Loan | LIBOR(Q) | Floor Rate 0.75% | Spread 6.25% | Total Coupon 11.41% | Maturity 9/17/2026
Schedule Of Investments [Line Items]
Interest Rate, Floor	[2],[3],[9],[20],[21]	0.75%
Spread	[2],[3],[9],[20],[21]	6.25%
Total Coupon	[2],[3],[9],[20],[21]	11.79%
Maturity	[2],[3],[9],[20],[21]	Sep. 17, 2026
Principal	[2],[3],[9],[20],[21]	$ 4,912,500
Cost	[2],[3],[9],[10],[20],[21]	4,826,782
Fair Value	[1],[2],[3],[9],[20],[21]	$ 4,840,286
Investment, Identifier [Axis]: Equity Securities
Schedule Of Investments [Line Items]
Total Debt Investment		1.20%		3.20%
Cost		$ 59,187,489	[2],[3],[10]	$ 59,765,957	[4],[5]
Fair Value		3,931,932	[1],[2],[3]	10,223,080	[4],[5]
Investment, Identifier [Axis]: Equity Securities | Capital Markets
Schedule Of Investments [Line Items]
Cost		1,862,881	[2],[3],[10]	1,862,881	[4],[5]
Fair Value		36,007	[1],[2],[3]	38,478	[4],[5]
Investment, Identifier [Axis]: Equity Securities | Capital Markets | Marico Holdings, LLC | Limited Partnership/Limited Liability Company Interests
Schedule Of Investments [Line Items]
Cost	[4],[5]			1,848,077
Fair Value	[4],[5]			$ 0
Shares	[4],[5]			91,445
Investment, Identifier [Axis]: Equity Securities | Capital Markets | Marsico Holdings, LLC | Limited Partnership/Limited Liability Company Interests
Schedule Of Investments [Line Items]
Cost	[2],[3],[10],[36],[37]	1,848,077
Fair Value	[1],[2],[3],[36],[37]	$ 0
Shares	[2],[3],[36],[37]	91,445
Investment, Identifier [Axis]: Equity Securities | Capital Markets | Pico Quantitative Trading Holdings, LLC | Warrants to Purchase Membership Units | Expiration 2/7/2030
Schedule Of Investments [Line Items]
Maturity	[2],[3],[36],[37]	Feb. 07, 2030
Cost	[2],[3],[10],[36],[37]	$ 14,804
Fair Value	[1],[2],[3],[36],[37]	$ 36,007
Shares	[2],[3],[36],[37]	162
Investment, Identifier [Axis]: Equity Securities | Capital Markets | Pico Quantitative Trading Holdings, LLC | Warrants to Purchase Membership Units | Expiration 2/7/2030
Schedule Of Investments [Line Items]
Maturity	[4],[5]			Feb. 07, 2030
Cost	[4],[5]			$ 14,804
Fair Value	[4],[5]			$ 38,478
Shares	[4],[5]			162
Investment, Identifier [Axis]: Equity Securities | Chemicals
Schedule Of Investments [Line Items]
Cost		$ 1,139,598	[2],[3],[10]	$ 1,139,597	[4],[5]
Fair Value		0	[1],[2],[3]	0	[4],[5]
Investment, Identifier [Axis]: Equity Securities | Chemicals | AGY Equity, LLC | Class A Preferred Stock
Schedule Of Investments [Line Items]
Cost		1,139,598	[2],[3],[10],[36],[37],[38]	1,139,597	[4],[5]
Fair Value		$ 0	[1],[2],[3],[36],[37],[38]	$ 0	[4],[5]
Shares		4,195,600	[2],[3],[36],[37],[38]	4,195,600	[4],[5]
Investment, Identifier [Axis]: Equity Securities | Chemicals | AGY Equity, LLC | Class B Preferred Stock
Schedule Of Investments [Line Items]
Cost		$ 0	[2],[3],[10],[36],[37],[38]	$ 0	[4],[5]
Fair Value		$ 0	[1],[2],[3],[36],[37],[38]	$ 0	[4],[5],[33],[39]
Shares		2,936,920	[2],[3],[36],[37],[38]	2,936,920	[4],[5]
Investment, Identifier [Axis]: Equity Securities | Chemicals | AGY Equity, LLC | Class C Common Stock
Schedule Of Investments [Line Items]
Cost		$ 0	[2],[3],[10],[36],[37],[38]	$ 0	[4],[5]
Fair Value		$ 0	[1],[2],[3],[36],[37],[38]	$ 0	[4],[5]
Shares		2,307,580	[2],[3],[36],[37],[38]	2,307,580	[4],[5]
Investment, Identifier [Axis]: Equity Securities | Diversified Consumer Services
Schedule Of Investments [Line Items]
Cost		$ 0	[2],[3],[10]	$ 0	[4],[5]
Fair Value		$ 1,072,876	[1],[2],[3]	$ 1,431,195	[4],[5]
Investment, Identifier [Axis]: Equity Securities | Diversified Consumer Services | Elevate Brands Holdco Inc. | Warrants to Purchase Common Stock | Expiration 3/14/2032
Schedule Of Investments [Line Items]
Maturity		Mar. 14, 2032	[2],[3],[36],[37]	Mar. 14, 2032	[4],[5]
Cost		$ 0	[2],[3],[10],[36],[37]	$ 0	[4],[5]
Fair Value		$ 31,540	[1],[2],[3],[36],[37]	$ 31,965	[4],[5]
Shares		66,428	[2],[3],[36],[37]	66,428	[4],[5]
Investment, Identifier [Axis]: Equity Securities | Diversified Consumer Services | Elevate Brands Holdco Inc. | Warrants to Purchase Preferred Stock | Expiration 3/14/2032
Schedule Of Investments [Line Items]
Maturity		Mar. 14, 2032	[2],[3],[36],[37]	Mar. 14, 2032	[4],[5]
Cost		$ 0	[2],[3],[10],[36],[37]	$ 0	[4],[5]
Fair Value		$ 25,402	[1],[2],[3],[36],[37]	$ 25,645	[4],[5]
Shares		33,214	[2],[3],[36],[37]	33,214	[4],[5]
Investment, Identifier [Axis]: Equity Securities | Diversified Consumer Services | MXP Prime Platform GmbH (SellerX) (Germany) | Warrants to Purchase Preferred Series B Shares | Expiration 11/23/2028
Schedule Of Investments [Line Items]
Maturity		Nov. 23, 2028	[2],[3],[20],[21],[36],[37]	Nov. 23, 2028	[4],[5]
Cost		$ 0	[2],[3],[10],[20],[21],[36],[37]	$ 0	[4],[5]
Fair Value		$ 104,656	[1],[2],[3],[20],[21],[36],[37]	$ 97,941	[4],[5]
Shares		48	[2],[3],[20],[21],[36],[37]	48	[4],[5]
Investment, Identifier [Axis]: Equity Securities | Diversified Consumer Services | PerchHQ LLC | Warrants to Purchase Common Stock | Expiration 10/15/2027
Schedule Of Investments [Line Items]
Maturity		Oct. 15, 2027	[2],[3],[36],[37],[40]	Oct. 15, 2027	[4],[5]
Cost		$ 0	[2],[3],[10],[36],[37],[40]	$ 0	[4],[5]
Fair Value		$ 46,641	[1],[2],[3],[36],[37],[40]	$ 252,226	[4],[5]
Shares		45,283	[2],[3],[36],[37],[40]	45,283	[4],[5]
Investment, Identifier [Axis]: Equity Securities | Diversified Consumer Services | Razor Group GmbH (Germany) | Warrants to Purchase Preferred Series A1 Shares | Expiration 4/28/2028
Schedule Of Investments [Line Items]
Maturity		Apr. 28, 2028	[2],[3],[20],[21],[36],[37]	Apr. 28, 2028	[4],[5]
Cost		$ 0	[2],[3],[10],[20],[21],[36],[37]	$ 0	[4],[5]
Fair Value		$ 554,434	[1],[2],[3],[20],[21],[36],[37]	$ 702,914	[4],[5]
Shares		182	[2],[3],[20],[21],[36],[37]	182	[4],[5]
Investment, Identifier [Axis]: Equity Securities | Diversified Consumer Services | Razor Group GmbH (Germany) | Warrants to Purchase Series C Shares | Expiration 4/28/2028
Schedule Of Investments [Line Items]
Maturity		Apr. 28, 2028	[2],[3],[20],[21],[36],[37]	Apr. 28, 2028	[4],[5]
Cost		$ 0	[2],[3],[10],[20],[21],[36],[37]	$ 0	[4],[5]
Fair Value		$ 310,203	[1],[2],[3],[20],[21],[36],[37]	$ 320,504	[4],[5]
Shares		55	[2],[3],[20],[21],[36],[37]	56	[4],[5]
Investment, Identifier [Axis]: Equity Securities | Diversified Financial Services
Schedule Of Investments [Line Items]
Cost		$ 47,236,233	[2],[3],[10]	$ 47,236,233	[4],[5]
Fair Value		86,131	[1],[2],[3]	187,336	[4],[5]
Investment, Identifier [Axis]: Equity Securities | Diversified Financial Services | Gordon Brothers Finance Company | Common Stock
Schedule Of Investments [Line Items]
Cost		10,611,548	[2],[3],[10],[29],[36]	10,611,548	[4],[5]
Fair Value		$ 0	[1],[2],[3],[36],[38]	$ 0	[4],[5]
Shares		10,612	[2],[3],[29],[36]	10,612	[4],[5]
Investment, Identifier [Axis]: Equity Securities | Diversified Financial Services | Gordon Brothers Finance Company | Preferred Stock | Total Coupon 13.50%
Schedule Of Investments [Line Items]
Total Coupon		13.50%	[2],[3],[27],[29],[36]	13.50%	[4],[5]
Cost		$ 36,624,685	[2],[3],[10],[27],[29],[36]	$ 36,624,685	[4],[5]
Fair Value		$ 0	[1],[2],[3],[27],[36],[38]	$ 0	[4],[5]
Shares		34,285	[2],[3],[27],[29],[36]	34,285	[4],[5]
Investment, Identifier [Axis]: Equity Securities | Diversified Financial Services | Worldremit Group Limited (United Kingdom) | Warrants to Purchase Series D Stock | Expiration 2/11/2031
Schedule Of Investments [Line Items]
Maturity		Feb. 11, 2031	[2],[3],[20],[21],[36],[37]	Feb. 11, 2031	[4],[5]
Cost		$ 0	[2],[3],[10],[20],[21],[36],[37]	$ 0	[4],[5]
Fair Value		$ 85,201	[1],[2],[3],[20],[21],[36],[37]	$ 183,658	[4],[5]
Shares		7,662	[2],[3],[20],[21],[36],[37]	7,662	[4],[5]
Investment, Identifier [Axis]: Equity Securities | Diversified Financial Services | Worldremit Group Limited (United Kingdom) | Warrants to Purchase Series E Stock | Expiration 8/27/2031
Schedule Of Investments [Line Items]
Maturity		Aug. 27, 2031	[2],[3],[20],[21],[36],[37]	Aug. 27, 2031	[4],[5]
Cost		$ 0	[2],[3],[10],[20],[21],[36],[37]	$ 0	[4],[5]
Fair Value		$ 930	[1],[2],[3],[20],[21],[36],[37]	$ 3,678	[4],[5]
Shares		508	[2],[3],[20],[21],[36],[37]	508	[4],[5]
Investment, Identifier [Axis]: Equity Securities | Household Durables Stitch Holdings, L.P. | Limited Partnership/Limited Liability Company Interests
Schedule Of Investments [Line Items]
Cost	[2],[3],[10],[36],[37]	$ 5,909,910
Fair Value	[1],[2],[3],[36],[37]	$ 0
Shares	[2],[3],[36],[37]	5,910
Investment, Identifier [Axis]: Equity Securities | Household Durables | Stitch Holdings, L.P. | Limited Partnership/Limited Liability Company Interests
Schedule Of Investments [Line Items]
Cost	[4],[5]			$ 5,909,910
Fair Value	[4],[5]			$ 4,373,400
Shares	[4],[5]			5,910
Investment, Identifier [Axis]: Equity Securities | Internet Software & Services
Schedule Of Investments [Line Items]
Cost	[2],[3],[10]	$ 100,544
Fair Value	[1],[2],[3]	$ 273,000
Investment, Identifier [Axis]: Equity Securities | Internet Software & Services | FinancialForce.com, Inc. | Warrants to Purchase Series C Preferred Stock | Expiration 1/30/2029
Schedule Of Investments [Line Items]
Maturity		Jan. 30, 2029	[3],[36],[37]	Jan. 30, 2029	[4],[5]
Cost		$ 100,544	[3],[10],[36],[37]	$ 100,544	[4],[5]
Fair Value		$ 273,000	[1],[3],[36],[37]	$ 211,350	[4],[5]
Shares		450,000	[3],[36],[37]	450,000	[4],[5]
Investment, Identifier [Axis]: Equity Securities | Internet Software & Services | SuCo Investors, LP (Suited Connector) | Warrants to Purchase Class A Units | Expiration 3/6/2033
Schedule Of Investments [Line Items]
Maturity	[2],[3],[36],[37]	Mar. 06, 2033
Cost	[2],[3],[10],[36],[37]	$ 0
Fair Value	[1],[2],[3],[36],[37]	$ 0
Shares	[2],[3],[36],[37]	1,652
Investment, Identifier [Axis]: Equity Securities | Media | MBS Parent, LLC | Limited Partnership/Limited Liability Company Interests
Schedule Of Investments [Line Items]
Cost		$ 0	[2],[3],[10],[36],[41]	$ 0	[4],[5]
Fair Value		$ 49,500	[1],[2],[3],[36],[41]	$ 0	[4],[5]
Shares		546	[2],[3],[36],[41]	546	[4],[5]
Investment, Identifier [Axis]: Equity Securities | Metals & Mining | Kemmerer Holdings, LLC (WMLP) | Limited Partnership/Limited Liability Company Interests
Schedule Of Investments [Line Items]
Cost	[4],[5]			$ 753,851
Fair Value	[4],[5]			$ 1,618,248
Shares	[4],[5]			8
Investment, Identifier [Axis]: Equity Securities | Oil, Gas & Consumable Fuels
Schedule Of Investments [Line Items]
Cost		$ 0	[2],[3],[10]	$ 0	[4],[5]
Fair Value		0	[1],[2],[3]	0	[4],[5]
Investment, Identifier [Axis]: Equity Securities | Oil, Gas & Consumable Fuels | TER Management Resources, LLC (fka ETX Energy Management Company, LLC) | Limited Partnership/Limited Liability Company Interests
Schedule Of Investments [Line Items]
Cost		0	[2],[3],[10],[36]	0	[4],[5]
Fair Value		$ 0	[1],[2],[3],[36]	$ 0	[4],[5]
Shares		53,815	[2],[3],[36]	53,815	[4],[5]
Investment, Identifier [Axis]: Equity Securities | Oil, Gas & Consumable Fuels | Trailblazer Energy Resources, LLC (fka ETX Energy, LLC) | Limited Partnership/Limited Liability Company Interests
Schedule Of Investments [Line Items]
Cost		$ 0	[2],[3],[10],[36],[40]	$ 0	[4],[5]
Fair Value		$ 0	[1],[2],[3],[36],[40]	$ 0	[4],[5]
Shares		51,119	[2],[3],[36],[40]	51,119	[4],[5]
Investment, Identifier [Axis]: Equity Securities | Software | Grey Orange International Inc. | Warrants to Purchase Common Stock | Expiration 5/6/2032
Schedule Of Investments [Line Items]
Maturity		May 06, 2032	[2],[3],[36],[37]	May 06, 2032	[4],[5]
Cost		$ 0	[2],[3],[10],[36],[37]	$ 0	[4],[5]
Fair Value		$ 14,302	[1],[2],[3],[36],[37]	$ 8,849	[4],[5]
Shares		2,832	[2],[3],[36],[37]	2,087	[4],[5]
Investment, Identifier [Axis]: Equity Securities | Trading Companies & Distributors | Blackbird Holdco, Inc. (Ohio Transmission Corp.) | Preferred Stock | Total Coupon 12.50% PIK
Schedule Of Investments [Line Items]
Interest Rate, PIK		12.50%	[2],[3],[17],[37]	12.50%	[4],[5]
Cost		$ 2,938,323	[2],[3],[10],[17],[37]	$ 2,762,941	[4],[5]
Fair Value		$ 2,400,116	[1],[2],[3],[17],[37]	$ 2,354,224	[4],[5]
Shares		2,478	[2],[3],[17],[37]	2,478	[4],[5]
Investment, Identifier [Axis]: Interest Rate Swap | Company Receives Fixed 2.633% | Company Pays Floating 1 Day SOFR | Counterparty CME | Maturity Date 6/9/2025 | Payment Frequency Annual
Schedule Of Investments [Line Items]
Fixed interest rate		2.633%	[42]	2.633%	[43]
Company Pays Floating		1 Day SOFR	[42]	1 Day SOFR	[43]
Counterparty		CME	[42]	CME	[43]
Maturity date		Jun. 09, 2025	[42]	Jun. 09, 2025	[43]
Payment Frequency		Annual	[42]	Annual	[43]
Notional amount		$ 35,000,000	[42]	$ 35,000,000	[43]
Fair value		$ (1,445,045)	[42]	$ (1,332,299)	[43]
Investment, Identifier [Axis]: Investments
Schedule Of Investments [Line Items]
Total Debt Investment		189.70%		179.10%
Cost		$ 690,597,257	[2],[3],[10]	$ 658,300,164	[4],[5]
Fair Value		$ 595,837,411	[1],[2],[3]	$ 570,489,084	[4],[5]
Investment, Identifier [Axis]: Non Controlled Affiliated Investments
Schedule Of Investments [Line Items]
Total Debt Investment		0.00%		1.10%
Investment, Identifier [Axis]: Non-Controlled Affiliate Security
Schedule Of Investments [Line Items]
Fair Value		$ 0	[8]	$ 3,574,438	[8]	4,131,978	[44]
Investment, Identifier [Axis]: Non-Controlled Affiliate Security | AGY Equity, LLC | Class A Preferred Stock
Schedule Of Investments [Line Items]
Fair Value		0	[8]	0	[8]	251,736	[44]
Investment, Identifier [Axis]: Non-Controlled Affiliate Security | AGY Equity, LLC | Class B Preferred Stock
Schedule Of Investments [Line Items]
Fair Value		0	[8]	0	[8]	0	[44]
Investment, Identifier [Axis]: Non-Controlled Affiliate Security | AGY Equity, LLC | Class C Common Stock
Schedule Of Investments [Line Items]
Fair Value		0	[8]	0	[8]	0	[44]
Investment, Identifier [Axis]: Non-Controlled Affiliate Security | Kemmerer Holdings, LLC (WMLP) | Limited Liability Co. Interest
Schedule Of Investments [Line Items]
Fair Value		0	[8],[45]	1,618,248	[7],[8],[45]	746,074	[44]
Investment, Identifier [Axis]: Non-Controlled Affiliate Security | Kemmerer Operations, LLC (WMLP) | Delayed Draw Term Loan, First Lien
Schedule Of Investments [Line Items]
Fair Value		0	[8],[45]	0	[8],[45]	42,550	[44]
Investment, Identifier [Axis]: Non-Controlled Affiliate Security | Kemmerer Operations, LLC (WMLP) | Senior Secured Loan, First Lien
Schedule Of Investments [Line Items]
Fair Value		$ 0	[8],[45]	$ 1,956,190	[8],[45]	$ 3,091,618	[44]

[1] Pursuant to Rule 2a-5 under the Investment Company Act of 1940 (the "1940 Act"), the Company's Board of Directors designated the Advisor as the valuation designee to perform certain fair value functions, including performing fair value determinations. See Note 2 for further details.

[2] The Company generally uses Global Industry Classification Standard (“GICS”) codes to identify the industry groupings. This information is unaudited.

[3] Unless otherwise indicated, all investments are considered Level 3 in accordance with ASC Topic 820 (see Note 2).

[4] As of December 31, 2022, the Company generally uses Global Industry Classification Standard (“GICS”) codes to identify the industry groupings. This information is unaudited.

[5] Unless otherwise indicated, all investments are considered Level 3 in accordance with ASC Topic 820 (see Note 2).

[6] The issuers of securities listed on this schedule are considered controlled affiliates under the 1940 Act due to the ownership by the Company of more than 25% of the issuers’ voting securities.

[7] The issuers of the securities listed on this schedule are considered controlled affiliates under the 1940 Act due to the ownership by the Company of more than 25% of the issuers’ voting securities. (2) Amounts reported above are for the year ended December 31, 2022. Dividends and interest income also includes fee income as applicable.

[8] The issuers of the securities listed on this schedule are considered non-controlled, affiliated investments under the 1940 Act due to the ownership by the Company of 5% to 25% of the issuers’ voting securities.

[9] Approximately 99.5% of the fair value of total senior secured loans in the Company’s portfolio bear interest at a floating rate that may be determined by reference to the London Interbank Offered Rate (“LIBOR”), “L”, Secured Overnight Financing Rate (“SOFR”), “S”, or other base rate (commonly the Federal Funds Rate or the Prime Rate), “P”, at the borrower’s option. In addition, 94.3% of the fair value of such senior secured loans have floors of 0.50% to 2.00%. The borrower under a senior secured loan generally has the option to select from interest reset periods of one, two, three or six months and may alter that selection at the end of any reset period. The stated interest rate represents the weighted average interest rate at June 30, 2023 of all contracts within the specified loan facility. LIBOR and SOFR reset monthly (M), quarterly (Q) or semiannually (S).

[10] Represents amortized cost for fixed income securities and cost for preferred and common stock, limited partnership/limited liability company interests and equity warrants/options.

[11] Represents amortized cost for fixed income securities and cost for preferred and common stock, limited partnership/limited liability company interests and equity warrants/options.

[12] Pursuant to Rule 2a-5 under the Investment Company Act of 1940 (the "1940 Act"), the Company's Board of Directors designated the Advisor as the valuation designee to perform certain fair value functions, including performing fair value determinations. See Note 2 for further details.

[13] Approximately 99.2% of the fair value of total senior secured loans in the Company’s portfolio bear interest at a floating rate that may be determined by reference to the London Interbank Offered Rate (“LIBOR”), “L”, Secured Overnight Financing Rate (“SOFR”), “S”, or other base rate (commonly the Federal Funds Rate or the Prime Rate), “P”, at the borrower’s option. In addition, 94.2% of the fair value of such senior secured loans have floors of 0.50% to 1.80%. The borrower under a senior secured loan generally has the option to select from interest reset periods of one, two, three or six months and may alter that selection at the end of any reset period. The stated interest rate represents the weighted average interest rate at December 31, 2022 of all contracts within the specified loan facility. LIBOR and SOFR reset monthly (M), quarterly (Q) or semiannually (S).

[14] Position or associated portfolio company thereof has an unfunded commitment as of December 31, 2022 (see Note 9). Note that there may be additional unfunded positions which do not have a funded component at period end, and therefore are not displayed herein. Any negative balances represent unfunded commitments that were acquired and/or valued at a discount.

[15] Position or associated portfolio company thereof has an unfunded commitment as of June 30, 2023 (see Note 9). Any negative balances represent unfunded commitments that were acquired and/or valued at a discount.

[16] Portions of the loan bear interest using a combination of LIBOR, SOFR and/or at the Prime rate. The total coupon represents the weighted average interest rate at June 30, 2023 of all contracts within the loan facility.

[17] Interest may be paid in cash or payment-in-kind (“PIK”), or a combination thereof which is generally at the option of the borrower. PIK earned is included in the cost basis of the security. In accordance with the Company’s policy, PIK is recorded on an effective interest method.

[18] Investments that the Company has determined are not “qualifying assets” under Section 55(a) of the 1940 Act. Under the 1940 Act, we may not acquire any non-qualifying asset unless, at the time such acquisition is made, qualifying assets represent at least 70% of our total assets. The status of these assets under the 1940 Act may be subject to change. The Company monitors the status of these assets on an ongoing basis. As of December 31, 2022, approximately 15.0% of the total assets of the Company were not qualifying assets under Section 55(a) of the 1940 Act.

[19] Non-U.S. company or principal place of business outside the U.S.

[20] Investments that the Company has determined are not “qualifying assets” under Section 55(a) of the 1940 Act. Under the 1940 Act, we may not acquire any non-qualifying asset unless, at the time such acquisition is made, qualifying assets represent at least 70% of our total assets. The status of these assets under the 1940 Act may be subject to change. The Company monitors the status of these assets on an ongoing basis. As of June 30, 2023, approximately 15.8% of the total assets of the Company were not qualifying assets under Section 55(a) of the 1940 Act.

[21] Non-U.S. company or principal place of business outside the U.S.

[22] Interest may be paid in cash or payment-in-kind (“PIK”), or a combination thereof which is generally at the option of the borrower. PIK earned is included in the cost basis of the security. In accordance with the Company’s policy, PIK is recorded on an effective interest method.

[23] Investments are considered other than Level 3 in accordance with ASC Topic 820 (see Note 2).

[24] Investments are considered other than Level 3 in accordance with ASC Topic 820 (see Note 2).

[25] This investment will have a first lien security interest after the senior tranches are repaid.

[26] This investment will have a first lien security interest after the senior tranches are repaid.

[27] The investment is on non-accrual status as of June 30, 2023 and therefore non-income producing. At June 30, 2023, the aggregate fair value and amortized cost of the Company’s debt and preferred stock investments on non-accrual status represents 2.5% and 11.0% of the Company's debt and preferred stock investments at fair value and amortized cost, respectively.

[28] Total coupon includes default interest of 2.00%.

[29] Transaction and other information for “controlled” investments under the 1940 Act, whereby the Company owns more than 25% of the portfolio company’s outstanding voting securities, is presented in a separate table of the Consolidated Schedules of Investments.

[30] The investment is on non-accrual status as of December 31, 2022 and therefore non-income producing. At December 31, 2022, the aggregate fair value and amortized cost of the Company’s debt and preferred stock investments on non-accrual status represents 2.8% and 11.8% of the Company's debt and preferred stock investments at fair value and amortized cost, respectively.

[31] Total coupon includes default interest of 2.00%.

[32] Transaction and other information for “controlled” investments under the 1940 Act, whereby the Company owns more than 25% of the portfolio company’s outstanding voting securities, is presented in a separate table of the Consolidated Schedules of Investments.

[33] Securities are either exempt from registration under Rule 144A of the Securities Act, or sale of the security is subject to certain contractual restrictions. Securities that are exempt from registration under 144A may be resold in transactions, normally to qualified institutional buyers. In aggregate, these securities represent 2.9% of the Company’s net assets at December 31, 2022. The acquisition dates for restricted securities of unaffiliated issuers were as follows as of December 31, 2022: Investment   Initial Acquisition Date Marsico Holdings, LLC, Limited Partnership/Limited Liability Company Interests   11/28/2007 FinancialForce.com, Warrants to Purchase Series C Preferred Stock   1/30/2019 Pico Quantitative Trading Holdings, LLC, Warrants to Purchase Membership Units   2/7/2020 Worldremit Group Limited (United Kingdom), Warrants to Purchase Series D Stock   2/11/2021 Advanced Lighting Technologies, LLC, Senior Secured Notes   3/16/2021 Razor Group GmbH (Germany), Warrants to Purchase Preferred Series A1 Shares   4/28/2021 Stitch Holdings, L.P., Limited Partnership Interests   7/30/2021 Worldremit Group Limited (United Kingdom), Warrants to Purchase Series E Stock   8/27/2021 MXP Prime Platform GmbH (SellerX) (Germany), Warrants to Purchase Preferred Series B Shares   11/23/2021 Blackbird Holdco, Inc. (Ohio Transmission Corp.), Preferred Stock   12/14/2021 Elevate Brands Holdco Inc., Warrants to Purchase Common Stock   3/14/2022 Elevate Brands Holdco Inc., Warrants to Purchase Preferred Stock   3/14/2022 Grey Orange International Inc., Warrants to Purchase Common Stock   5/6/2022 PerchHQ LLC, Warrants to Purchase Common Stock   9/30/2022 Razor Group GmbH (Germany), Warrants to Purchase Series C Shares   12/23/2022

[34] Portions of the loan bear interest using a combination of LIBOR, SOFR, and/or the Prime rate. The total coupon represents the weighted average interest rate at December 31, 2022 of all contracts within the loan facility.

[35] Amounts reported above are for the six months ended June 30, 2023. Dividends and interest income also includes fee income as applicable.

[36] Non-income producing equity securities at June 30, 2023.

[37] Security is either exempt from registration under Rule 144A of the Securities Act of 1933 (the “Securities Act”), or sale of the security is subject to certain contractual restrictions. Securities that are exempt from registration under 144A may be resold in transactions, normally to qualified institutional buyers. In aggregate, these securities represent 1.2% of the Company’s net assets at June 30, 2023. The acquisition dates for restricted securities of unaffiliated issuers were as follows as of June 30, 2023: Investment   Initial Acquisition Date Marsico Holdings, LLC, Limited Partnership/Limited Liability Company Interests   11/28/2007 FinancialForce.com, Warrants to Purchase Series C Preferred Stock   1/30/2019 Pico Quantitative Trading Holdings, LLC, Warrants to Purchase Membership Units   2/7/2020 Worldremit Group Limited (United Kingdom), Warrants to Purchase Series D Stock   2/11/2021 Razor Group GmbH (Germany), Warrants to Purchase Preferred Series A1 Shares   4/28/2021 Stitch Holdings, L.P., Limited Partnership Interests   7/30/2021 Worldremit Group Limited (United Kingdom), Warrants to Purchase Series E Stock   8/27/2021 MXP Prime Platform GmbH (SellerX) (Germany), Warrants to Purchase Preferred Series B Shares   11/23/2021 Blackbird Holdco, Inc. (Ohio Transmission Corp.), Preferred Stock   12/14/2021 Elevate Brands Holdco Inc., Warrants to Purchase Common Stock   3/14/2022 Elevate Brands Holdco Inc., Warrants to Purchase Preferred Stock   3/14/2022 Grey Orange International Inc., Warrants to Purchase Common Stock   5/6/2022 PerchHQ LLC, Warrants to Purchase Common Stock   9/30/2022 Razor Group GmbH (Germany), Warrants to Purchase Series C Shares   12/23/2022 SuCo Investors, LP (Suited Connector), Warrants to Purchase Class A Units   3/6/2023

[38] Transaction and other information for “non-controlled, affiliated” investments under the 1940 Act, whereby the Company owns 5% or more (but not more than 25%) of the portfolio company’s outstanding voting securities, is presented in a separate table of the Consolidated Schedules of Investments.

[39] Non-income producing equity securities at December 31, 2022.

[40] The Company is the sole stockholder of BKC ASW Blocker, Inc., a consolidated subsidiary, which is the beneficiary of less than 5% of the voting securities of Trailblazer Energy Resources, LLC (fka ETX Energy, LLC) and PerchHQ LLC and thus non-controlled, non-affiliated investments.

[41] The Company is the sole stockholder of BCIC-MBS, LLC, a consolidated subsidiary, which is the beneficiary of less than 5% of the voting securities of MBS Parent, LLC and thus a non-controlled, non-affiliated investment.

[42] Refer to Notes 2 and 4 for additional information on the Company’s Interest Rate Swap.

[43] Refer to Notes 2 and 4 for additional information on the Company’s Interest Rate Swap.

[44] The issuers of the securities listed on this schedule are considered non-controlled, affiliated investments under the 1940 Act due to the ownership by the Company of 5% to 25% of the issuers’ voting securities.

[45] Investment no longer held as of June 30, 2023.

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Consolidated Schedules of Investments (Unaudited) (Parenthetical)	Jun. 30, 2023	Dec. 31, 2022
Investment, Identifier [Axis]: Cash and Cash Equivalents
Schedule of Investments [Line Items]
Percentage of aggregate fair value of net assets	4.00%	3.00%
Investment, Identifier [Axis]: Cash and Investments
Schedule of Investments [Line Items]
Percentage of aggregate fair value of net assets	193.70%	182.10%
Investment, Identifier [Axis]: Controlled Affiliated Investments
Schedule of Investments [Line Items]
Percentage of aggregate fair value of net assets	4.80%	4.80%
Investment, Identifier [Axis]: Debt Investments
Schedule of Investments [Line Items]
Percentage of aggregate fair value of net assets	188.50%	175.90%
Investment, Identifier [Axis]: Debt Investments Capital Markets Pico Quantitative Trading, LLC First Lien Term Loan (1.0% Exit Fee) Quarterly SOFR Floor Rate 1.5% and Spread 7.25% with Total Coupon 11.98% Maturity 2/7/2025
Schedule of Investments [Line Items]
Investment instrument exit fee percentage		1.00%
Investment, Identifier [Axis]: Debt Investments | Capital Markets | Pico Quantitative Trading, LLC | First Lien Term Loan (1.0% Exit Fee) | Quarterly SOFR | Floor Rate 1.5% | Spread 7.25% | Total Coupon 12.75% | Maturity 2/7/2025
Schedule of Investments [Line Items]
Investment instrument exit fee percentage	1.00%
Investment, Identifier [Axis]: Debt Investments | Diversified Financial Services | Worldremit Group Limited (United Kingdom) | First Lien Term Loan (3.0% Exit Fee) | LIBOR(Q) | Floor Rate 1.00% | Spread 9.25% | Total Coupon 13.91% | Maturity 2/11/2025
Schedule of Investments [Line Items]
Investment instrument exit fee percentage		3.00%
Investment, Identifier [Axis]: Debt Investments | Diversified Financial Services | Worldremit Group Limited (United Kingdom) | First Lien Term Loan (3.0% Exit Fee) | Quarterly/Monthly SOFR | Floor Rate 1.00% | Spread 9.25% | Total Coupon 14.65% | Maturity 2/11/2025
Schedule of Investments [Line Items]
Investment instrument exit fee percentage	3.00%
Investment, Identifier [Axis]: Debt Investments | Health Care Providers & Services | INH Buyer, Inc. (IMS Health) | First Lien Term Loan (1.5% Exit Fee) | SOFR(Q) | Floor Rate 1.00% | Spread 3.50% Cash + 3.50% PIK | Total Coupon 11.68% | Maturity 6/28/2028
Schedule of Investments [Line Items]
Investment instrument exit fee percentage		1.50%
Investment, Identifier [Axis]: Debt Investments | Health Care Providers & Services | INH Buyer, Inc. (IMS Health) | First Lien Term Loan (1.5% Exit Fee) | SOFR(Q) | Floor Rate 1.00% | Spread 3.50% Cash + 3.50% PIK | Total Coupon 12.34% | Maturity 6/28/2028
Schedule of Investments [Line Items]
Investment instrument exit fee percentage	1.50%
Investment, Identifier [Axis]: Debt Investments | Internet Software & Services | Persado, Inc. | First Lien Delayed Draw Term Loan (6.575% Exit Fee) | SOFR(M) | Floor Rate 1.80% | Spread 7.00% | Total Coupon 11.12% | Maturity 6/10/2027
Schedule of Investments [Line Items]
Investment instrument exit fee percentage		6.575%
Investment, Identifier [Axis]: Debt Investments | Internet Software & Services | Persado, Inc. | First Lien Delayed Draw Term Loan (6.575% Exit Fee) | SOFR(M) | Floor Rate 1.80% | Spread 7.50% | Total Coupon 12.66% | Maturity 6/10/2027
Schedule of Investments [Line Items]
Investment instrument exit fee percentage	6.575%
Investment, Identifier [Axis]: Debt Investments | Internet Software & Services | Persado, Inc. | First Lien Term Loan (6.575% Exit Fee) | SOFR(M) | Floor Rate 1.80% | Spread 7.00% | Total Coupon 11.12% | Maturity 6/10/2027
Schedule of Investments [Line Items]
Investment instrument exit fee percentage		6.575%
Investment, Identifier [Axis]: Debt Investments | Internet Software & Services | Persado, Inc. | First Lien Term Loan (6.575% Exit Fee) | SOFR(M) | Floor Rate 1.80% | Spread 7.50% | Total Coupon 12.66% | Maturity 6/10/2027
Schedule of Investments [Line Items]
Investment instrument exit fee percentage	6.575%
Investment, Identifier [Axis]: Debt Investments | Professional Services | JobandTalent USA, Inc. (United Kingdom) | First Lien Delayed Draw Term Loan (3.0% Exit Fee) | SOFR | Floor Rate 1.00% | Spread 8.75 % | Total Coupon 13.19% | Maturity 2/17/2025
Schedule of Investments [Line Items]
Investment instrument exit fee percentage		3.00%
Investment, Identifier [Axis]: Debt Investments | Professional Services | JobandTalent USA, Inc. (United Kingdom) | First Lien Delayed Draw Term Loan (3.0% Exit Fee) | SOFR(M) | Floor Rate 1.00% | Spread 8.75% | Total Coupon 13.96% | Maturity 2/17/2025
Schedule of Investments [Line Items]
Investment instrument exit fee percentage	3.00%
Investment, Identifier [Axis]: Debt Investments | Professional Services | JobandTalent USA, Inc. (United Kingdom) | First Lien Term Loan (3.0% Exit Fee) | SOFR(M) | Floor Rate 1.00% | Spread 8.75 % | Total Coupon 13.19% | Maturity 2/17/2025
Schedule of Investments [Line Items]
Investment instrument exit fee percentage		3.00%
Investment, Identifier [Axis]: Debt Investments | Professional Services | JobandTalent USA, Inc. (United Kingdom) | First Lien Term Loan (3.0% Exit Fee) | SOFR(M) | Floor Rate 1.00% | Spread 8.75% | Total Coupon 13.96% | Maturity 2/17/2025
Schedule of Investments [Line Items]
Investment instrument exit fee percentage	3.00%
Investment, Identifier [Axis]: Debt Investments | Professional Services | RigUp, Inc. | First Lien Delayed Draw Term Loan (4.0% Exit Fee) | LIBOR(M) | Floor Rate 1.50% | Spread 7.00% | Total Coupon 11.81% | Maturity 3/1/2024
Schedule of Investments [Line Items]
Investment instrument exit fee percentage		4.00%
Investment, Identifier [Axis]: Debt Investments | Software | Aerospike, Inc. | First Lien Delayed Draw Term Loan (0.50% Exit Fee) | SOFR(M) | Floor Rate 1.00% | Spread 7.50% | Total Coupon 12.72% | Maturity 12/29/2025
Schedule of Investments [Line Items]
Investment instrument exit fee percentage	0.50%
Investment, Identifier [Axis]: Debt Investments | Software | Aerospike, Inc. | First Lien Term Loan (0.50% Exit Fee) | SOFR(M) | Floor Rate 1.00% | Spread 7.50% | Total Coupon 12.72% | Maturity 12/29/2025
Schedule of Investments [Line Items]
Investment instrument exit fee percentage	0.50%
Investment, Identifier [Axis]: Debt Investments | Software | Grey Orange Incorporated | First Lien Delayed Draw Term Loan (3.75% Exit Fee) | SOFR(Q) | Floor Rate 1.00% | Spread 7.25% | Total Coupon 11.55% | Maturity 5/6/2026
Schedule of Investments [Line Items]
Investment instrument exit fee percentage		3.75%
Investment, Identifier [Axis]: Debt Investments | Software | Grey Orange Incorporated | First Lien Delayed Draw Term Loan (3.75% Exit Fee) | SOFR(Q)/(S) | Floor Rate 1.00% | Spread 7.25% | Total Coupon 12.58% | Maturity 5/6/2026
Schedule of Investments [Line Items]
Investment instrument exit fee percentage	3.75%
Investment, Identifier [Axis]: Debt Investments | Software | Grey Orange Incorporated | First Lien Term Loan (3.75% Exit Fee) | SOFR(Q) | Floor Rate 1.00% | Spread 7.25% | Total Coupon 12.23% | Maturity 5/6/2026
Schedule of Investments [Line Items]
Investment instrument exit fee percentage		3.75%
Investment, Identifier [Axis]: Debt Investments | Software | Grey Orange Incorporated | First Lien Term Loan (3.75% Exit Fee) | SOFR(Q) | Floor Rate 1.00% | Spread 7.25% | Total Coupon 12.58% | Maturity 5/6/2026
Schedule of Investments [Line Items]
Investment instrument exit fee percentage	3.75%
Investment, Identifier [Axis]: Debt Securities
Schedule of Investments [Line Items]
Percentage of investments in Non-accrual status at fair value	2.50%	2.80%
Percentage of investments in Non-accrual status at cost	11.00%	11.80%
Investment, Identifier [Axis]: Equity Securities
Schedule of Investments [Line Items]
Percentage of aggregate fair value of net assets	1.20%	3.20%
Investment, Identifier [Axis]: Investments
Schedule of Investments [Line Items]
Percentage of aggregate fair value of net assets	189.70%	179.10%
Investment, Identifier [Axis]: Non Controlled Affiliated Investments
Schedule of Investments [Line Items]
Percentage of aggregate fair value of net assets	0.00%	1.10%
Investment, Identifier [Axis]: Preferred Stock
Schedule of Investments [Line Items]
Percentage of investments in Non-accrual status at fair value	2.50%	2.80%
Percentage of investments in Non-accrual status at cost	11.00%	11.80%
Investment, Identifier [Axis]: Restricted Securities
Schedule of Investments [Line Items]
Investment companies owns percentage of net assets	1.20%	2.90%

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Consolidated Schedules of Investments (Unaudited) (Parenthetical1)	Jun. 30, 2023	Dec. 31, 2022
Schedule Of Investments [Line Items]
Percentage of not qualifying assets to total assets	15.80%	15.00%
Percentage of default interest	2.00%	2.00%
Total Senior Secured Loans
Schedule Of Investments [Line Items]
Percentage of fair value of loans bear interest with floor rate	94.30%	94.20%
Total Senior Secured Loans | Floating Rate
Schedule Of Investments [Line Items]
Percentage of fair value of loans bear interest at floor rate	99.50%	99.20%
Minimum | Total Senior Secured Loans | Floor Rate
Schedule Of Investments [Line Items]
Interest rate, floor	0.50%	0.50%
Maximum | Total Senior Secured Loans | Floor Rate
Schedule Of Investments [Line Items]
Interest rate, floor	2.00%	1.80%

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Consolidated Schedules of Investments (Initial Acquisition Date) (Unaudited)	6 Months Ended	12 Months Ended
	Jun. 30, 2023	Dec. 31, 2022
Investment, Identifier [Axis]: Investment Advanced Lighting Technologies, LLC | Senior Secured Notes | Initial Acquisition Date 3/16/2021
Schedule of Investments [Line Items]
Investment, Acquisition Date		Mar. 16, 2021
Investment, Identifier [Axis]: Investment Blackbird Holdco, Inc. (Ohio Transmission Corp.) | Preferred Stock | Initial Acquisition Date 12/14/2021
Schedule of Investments [Line Items]
Investment, Acquisition Date		Dec. 14, 2021
Investment, Identifier [Axis]: Investment Elevate Brands Holdco Inc. | Warrants to Purchase Common Stock | Initial Acquisition Date 3/14/2022
Schedule of Investments [Line Items]
Investment, Acquisition Date		Mar. 14, 2022
Investment, Identifier [Axis]: Investment Elevate Brands Holdco Inc. | Warrants to Purchase Preferred Stock | Initial Acquisition Date 3/14/2022
Schedule of Investments [Line Items]
Investment, Acquisition Date		Mar. 14, 2022
Investment, Identifier [Axis]: Investment FinancialForce.com | Warrants to Purchase Series C Preferred Stock | Initial Acquisition Date 1/30/2019
Schedule of Investments [Line Items]
Investment, Acquisition Date		Jan. 30, 2019
Investment, Identifier [Axis]: Investment Grey Orange International Inc. | Warrants to Purchase Common Stock | Initial Acquisition Date 5/6/2022
Schedule of Investments [Line Items]
Investment, Acquisition Date		May 06, 2022
Investment, Identifier [Axis]: Investment MXP Prime Platform GmbH (SellerX) (Germany) | Warrants to Purchase Preferred Series B Shares | Initial Acquisition Date 11/23/2021
Schedule of Investments [Line Items]
Investment, Acquisition Date		Nov. 23, 2021
Investment, Identifier [Axis]: Investment Marsico Holdings, LLC | Limited Partnership/Limited Liability Company Interests | Initial Acquisition Date 11/28/2007
Schedule of Investments [Line Items]
Investment, Acquisition Date		Nov. 28, 2007
Investment, Identifier [Axis]: Investment PerchHQ LLC | Warrants to Purchase Common Stock | Initial Acquisition Date 9/30/2022
Schedule of Investments [Line Items]
Investment, Acquisition Date		Sep. 30, 2022
Investment, Identifier [Axis]: Investment Pico Quantitative Trading Holdings, LLC | Warrants to Purchase Membership Units | Initial Acquisition Date 2/7/2020
Schedule of Investments [Line Items]
Investment, Acquisition Date		Feb. 07, 2020
Investment, Identifier [Axis]: Investment Razor Group GmbH (Germany) | Warrants to Purchase Preferred Series A1 Shares | Initial Acquisition Date 4/28/2021
Schedule of Investments [Line Items]
Investment, Acquisition Date		Apr. 28, 2021
Investment, Identifier [Axis]: Investment Razor Group GmbH (Germany) | Warrants to Purchase Series C Shares | Initial Acquisition Date 12/23/2022
Schedule of Investments [Line Items]
Investment, Acquisition Date		Dec. 23, 2022
Investment, Identifier [Axis]: Investment Stitch Holdings, L.P. | Limited Partnership Interests | Initial Acquisition Date 7/30/2021
Schedule of Investments [Line Items]
Investment, Acquisition Date		Jul. 30, 2021
Investment, Identifier [Axis]: Investment Worldremit Group Limited (United Kingdom) | Warrants to Purchase Series E Stock | Initial Acquisition Date 8/27/2021
Schedule of Investments [Line Items]
Investment, Acquisition Date		Aug. 27, 2021
Investment, Identifier [Axis]: Investment | Blackbird Holdco, Inc. (Ohio Transmission Corp.), | Preferred Stock | Initial Acquisition Date 12/14/2021
Schedule of Investments [Line Items]
Investment, Acquisition Date	Dec. 14, 2021
Investment, Identifier [Axis]: Investment | Elevate Brands Holdco Inc. | Warrants to Purchase Preferred Stock | Initial Acquisition Date 3/14/2022
Schedule of Investments [Line Items]
Investment, Acquisition Date	Mar. 14, 2022
Investment, Identifier [Axis]: Investment | Elevate Brands Holdco Inc., | Warrants to Purchase Common Stock | Initial Acquisition Date 3/14/2022
Schedule of Investments [Line Items]
Investment, Acquisition Date	Mar. 14, 2022
Investment, Identifier [Axis]: Investment | FinancialForce.com | Warrants to Purchase Series C Preferred Stock | Initial Acquisition Date 1/30/2019
Schedule of Investments [Line Items]
Investment, Acquisition Date	Jan. 30, 2019
Investment, Identifier [Axis]: Investment | Grey Orange International Inc., | Warrants to Purchase Common Stock | Initial Acquisition Date 5/6/2022
Schedule of Investments [Line Items]
Investment, Acquisition Date	May 06, 2022
Investment, Identifier [Axis]: Investment | MXP Prime Platform GmbH (SellerX) (Germany), | Warrants to Purchase Preferred Series B Shares | Initial Acquisition Date 11/23/2021
Schedule of Investments [Line Items]
Investment, Acquisition Date	Nov. 23, 2021
Investment, Identifier [Axis]: Investment | Marsico Holdings, LLC, | Limited Partnership/Limited Liability Company Interests | Initial Acquisition Date 11/28/2007
Schedule of Investments [Line Items]
Investment, Acquisition Date	Nov. 28, 2007
Investment, Identifier [Axis]: Investment | PerchHQ LLC, | Warrants to Purchase Common Stock | Initial Acquisition Date 9/30/2022
Schedule of Investments [Line Items]
Investment, Acquisition Date	Sep. 30, 2022
Investment, Identifier [Axis]: Investment | Pico Quantitative Trading Holdings, LLC, | Warrants to Purchase Membership Units | Initial Acquisition Date 2/7/2020
Schedule of Investments [Line Items]
Investment, Acquisition Date	Feb. 07, 2020
Investment, Identifier [Axis]: Investment | Razor Group GmbH (Germany), | Warrants to Purchase Preferred Series A1 Shares | Initial Acquisition Date 4/28/2021
Schedule of Investments [Line Items]
Investment, Acquisition Date	Apr. 28, 2021
Investment, Identifier [Axis]: Investment | Razor Group GmbH (Germany), | Warrants to Purchase Series C Shares | Initial Acquisition Date 12/23/2022
Schedule of Investments [Line Items]
Investment, Acquisition Date	Dec. 23, 2022
Investment, Identifier [Axis]: Investment | Stitch Holdings, L.P. | Limited Partnership Interests | Initial Acquisition Date 7/30/2021
Schedule of Investments [Line Items]
Investment, Acquisition Date	Jul. 30, 2021
Investment, Identifier [Axis]: Investment | SuCo Investors, LP (Suited Connector) | Warrants to Purchase Class A Units | Initial Acquisition Date 3/6/2023
Schedule of Investments [Line Items]
Investment, Acquisition Date	Mar. 06, 2023
Investment, Identifier [Axis]: Investment | Worldremit Group Limited (United Kingdom) | Warrants to Purchase Series D Stock | Initial Acquisition Date 2/11/2021
Schedule of Investments [Line Items]
Investment, Acquisition Date	Feb. 11, 2021	Feb. 11, 2021
Investment, Identifier [Axis]: Investment | Worldremit Group Limited (United Kingdom) | Warrants to Purchase Series E Stock | Initial Acquisition Date 8/27/2021
Schedule of Investments [Line Items]
Investment, Acquisition Date	Aug. 27, 2021

XML

Consolidated Schedules of Investments (Affiliate Security) (Unaudited) - USD ($)		3 Months Ended		6 Months Ended				12 Months Ended
		Jun. 30, 2023		Jun. 30, 2023		Jun. 30, 2022		Dec. 31, 2022
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance				$ 570,489,084
Net realized gain (loss)		$ 195,593		(404,104)		$ 825,913
Fair Value, Ending Balance		595,837,411		595,837,411				$ 570,489,084
Investment, Identifier [Axis]: Cash and Cash Equivalents
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[1],[2]			9,531,190
Fair Value, Ending Balance		12,405,398	[3],[4],[5]	12,405,398	[3],[4],[5]			9,531,190	[1],[2]
Investment, Identifier [Axis]: Cash and Investments
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[1],[2]			580,020,274
Fair Value, Ending Balance		608,242,809	[3],[4],[5]	608,242,809	[3],[4],[5]			580,020,274	[1],[2]
Investment, Identifier [Axis]: Controlled Affiliate Security
Schedule Of Investments [Line Items]
Dividend Income, Operating				0	[6],[7]			0	[8],[9]
Fair Value, Beginning Balance	[9]			15,228,000	[10]	21,927,071		21,927,071
Net realized gain (loss)				0	[6],[7]			0	[8],[9]
Net increase or decrease in unrealized appreciation or depreciation				(273,916)	[10],[11]			(2,523,687)	[8],[9]
Acquisitions				0	[10],[12]			0	[9],[13]
Dispositions				(502,916)	[10],[14]			(4,175,384)	[9],[15]
Fair Value, Ending Balance	[10]	14,999,000		14,999,000				15,228,000	[9]
Investment, Identifier [Axis]: Controlled Affiliate Security | Gordon Brothers Finance Company | Common Stock
Schedule Of Investments [Line Items]
Dividend Income, Operating				0	[6],[10]			0	[8],[9]
Fair Value, Beginning Balance	[9]			0	[7]	0		0
Net realized gain (loss)				0	[10],[11]			0	[8],[9]
Net increase or decrease in unrealized appreciation or depreciation				0	[10],[11]			0	[8],[9]
Acquisitions				0	[10],[12]			0	[9],[13]
Dispositions				0	[10],[14]			0	[9],[15]
Fair Value, Ending Balance		0	[10]	0	[10]			0	[7],[9]
Investment, Identifier [Axis]: Controlled Affiliate Security | Gordon Brothers Finance Company | Preferred Stock
Schedule Of Investments [Line Items]
Dividend Income, Operating				0	[6],[10]			0	[8],[9]
Fair Value, Beginning Balance	[9]			0	[7]	0		0
Net realized gain (loss)				0	[10],[11]			0	[8],[9]
Net increase or decrease in unrealized appreciation or depreciation				0	[10],[11]			0	[8],[9]
Acquisitions				0	[10],[12]			0	[9],[13]
Dispositions				0	[10],[14]			0	[9],[15]
Fair Value, Ending Balance		0	[10]	0	[10]			0	[7],[9]
Investment, Identifier [Axis]: Controlled Affiliate Security | Gordon Brothers Finance Company | Unsecured Debt
Schedule Of Investments [Line Items]
Dividend Income, Operating				0	[6],[10]			0	[8],[9]
Fair Value, Beginning Balance	[9]			15,228,000	[10]	21,927,071		21,927,071
Net realized gain (loss)				0	[10],[11]			0	[8],[9]
Net increase or decrease in unrealized appreciation or depreciation				273,916	[10],[11]			(2,523,687)	[8],[9]
Acquisitions				0	[10],[12]			0	[9],[13]
Dispositions				502,916	[10],[14]			(4,175,384)	[9],[15]
Fair Value, Ending Balance	[10]	14,999,000		14,999,000				15,228,000	[9]
Investment, Identifier [Axis]: Debt Investments
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[1],[2],[16]			560,266,004
Fair Value, Ending Balance		591,905,479	[3],[4],[5],[17]	591,905,479	[3],[4],[5],[17]			560,266,004	[1],[2],[16]
Investment, Identifier [Axis]: Debt Investments Automobiles
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[1],[2],[16],[18]			2,535,420
Fair Value, Ending Balance	[1],[2],[16],[18]							2,535,420
Investment, Identifier [Axis]: Debt Investments | Automobiles
Schedule Of Investments [Line Items]
Fair Value, Ending Balance	[3],[4],[5],[17]	2,347,282		2,347,282
Investment, Identifier [Axis]: Debt Investments | Automobiles | ALCV Purchaser, Inc. (AutoLenders) | First Lien Revolver | Quarterly LIBOR | Floor Rate 1.00% | Spread 6.75% | Total Coupon 11.39% | Maturity 4/15/2026
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[1],[2],[16],[18]			233,430
Fair Value, Ending Balance	[1],[2],[16],[18]							233,430
Investment, Identifier [Axis]: Debt Investments | Automobiles | ALCV Purchaser, Inc. (AutoLenders) | First Lien Revolver | Quarterly LIBOR | Floor Rate 1.00% | Spread 6.75% | Total Coupon 12.18% | Maturity 4/15/2026
Schedule Of Investments [Line Items]
Fair Value, Ending Balance	[3],[4],[5],[17]	231,096		231,096
Investment, Identifier [Axis]: Debt Investments | Automobiles | ALCV Purchaser, Inc. (AutoLenders) | First Lien Term Loan | Quarterly LIBOR | Floor Rate 1.00% | Spread 6.75% | Total Coupon 11.45% | Maturity 4/15/2026
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[1],[2],[16],[18]			2,301,990
Fair Value, Ending Balance	[1],[2],[16],[18]							2,301,990
Investment, Identifier [Axis]: Debt Investments | Automobiles | ALCV Purchaser, Inc. (AutoLenders) | First Lien Term Loan | Quarterly LIBOR | Floor Rate 1.00% | Spread 6.75% | Total Coupon 12.23% | Maturity 4/15/2026
Schedule Of Investments [Line Items]
Fair Value, Ending Balance	[3],[4],[5],[17]	2,116,186		2,116,186
Investment, Identifier [Axis]: Debt Investments | Building Products | Porcelain Acquisition Corporation (Paramount) | First Lien Term Loan | Quarterly LIBOR | Floor Rate 1.00% | Spread 5.75% | Total Coupon 10.48% | Maturity 4/30/2027
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[1],[2],[16],[18]			2,530,084
Fair Value, Ending Balance	[1],[2],[16],[18]							2,530,084
Investment, Identifier [Axis]: Debt Investments | Building Products | Porcelain Acquisition Corporation (Paramount) | First Lien Term Loan | Quarterly SOFR | Floor Rate 1.00% | Spread 5.75% | Total Coupon 11.34% | Maturity 4/30/2027
Schedule Of Investments [Line Items]
Fair Value, Ending Balance	[3],[4],[5],[17]	2,439,706		2,439,706
Investment, Identifier [Axis]: Debt Investments | Capital Markets
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[1],[2],[16],[18]			1,065,228
Fair Value, Ending Balance		1,064,728	[3],[4],[5],[17]	1,064,728	[3],[4],[5],[17]			1,065,228	[1],[2],[16],[18]
Investment, Identifier [Axis]: Debt Investments | Capital Markets | Pico Quantitative Trading, LLC | First Lien Incremental Term Loan | Quarterly SOFR | Floor Rate 1.5% | Spread 7.25% | Total Coupon 11.61% | Maturity 2/7/2025
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[1],[2],[16],[18]			560,228
Fair Value, Ending Balance	[1],[2],[16],[18]							560,228
Investment, Identifier [Axis]: Debt Investments | Capital Markets | Pico Quantitative Trading, LLC | First Lien Incremental Term Loan | Quarterly SOFR | Floor Rate 1.5% | Spread 7.25% | Total Coupon 12.56% | Maturity 2/7/2025
Schedule Of Investments [Line Items]
Fair Value, Ending Balance	[3],[4],[5],[17]	560,228		560,228
Investment, Identifier [Axis]: Debt Investments | Capital Markets | Pico Quantitative Trading, LLC | First Lien Term Loan (1.0% Exit Fee) | Quarterly SOFR | Floor Rate 1.5% | Spread 7.25% | Total Coupon 11.98% | Maturity 2/7/2025
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[1],[2],[16],[18]			505,000
Fair Value, Ending Balance	[1],[2],[16],[18]							505,000
Investment, Identifier [Axis]: Debt Investments | Capital Markets | Pico Quantitative Trading, LLC | First Lien Term Loan (1.0% Exit Fee) | Quarterly SOFR | Floor Rate 1.5% | Spread 7.25% | Total Coupon 12.75% | Maturity 2/7/2025
Schedule Of Investments [Line Items]
Fair Value, Ending Balance	[3],[4],[5],[17]	504,500		504,500
Investment, Identifier [Axis]: Debt Investments | Commercial Services & Supplies
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[1],[2],[16],[18]			6,236,204
Fair Value, Ending Balance		6,775,507	[3],[4],[5],[17]	6,775,507	[3],[4],[5],[17]			6,236,204	[1],[2],[16],[18]
Investment, Identifier [Axis]: Debt Investments | Commercial Services & Supplies | Kellermeyer Bergensons Services, LLC | First Lien Delayed Draw Term Loan A | Quarterly LIBOR | Floor Rate 1.00% | Spread 6.00% | Total Coupon 10.41% | Maturity 11/7/2026
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[1],[2],[16],[18]			313,140
Fair Value, Ending Balance	[1],[2],[16],[18]							313,140
Investment, Identifier [Axis]: Debt Investments | Commercial Services & Supplies | Kellermeyer Bergensons Services, LLC | First Lien Delayed Draw Term Loan A | Quarterly LIBOR | Floor Rate 1.00% | Spread 6.00% | Total Coupon 11.27% | Maturity 11/7/2026
Schedule Of Investments [Line Items]
Fair Value, Ending Balance	[3],[4],[5],[17]	320,199		320,199
Investment, Identifier [Axis]: Debt Investments | Commercial Services & Supplies | Kellermeyer Bergensons Services, LLC | First Lien Delayed Draw Term Loan B | Quarterly LIBOR | Floor Rate 1.00% | Spread 6.00% | Total Coupon 10.41% | Maturity 11/7/2026
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[1],[2],[16],[18]			433,684
Fair Value, Ending Balance	[1],[2],[16],[18]							433,684
Investment, Identifier [Axis]: Debt Investments | Commercial Services & Supplies | Kellermeyer Bergensons Services, LLC | First Lien Delayed Draw Term Loan B | Quarterly LIBOR | Floor Rate 1.00% | Spread 6.00% | Total Coupon 11.27% | Maturity 11/7/2026
Schedule Of Investments [Line Items]
Fair Value, Ending Balance	[3],[4],[5],[17]	443,500		443,500
Investment, Identifier [Axis]: Debt Investments | Commercial Services & Supplies | Kellermeyer Bergensons Services, LLC | First Lien Term Loan | Quarterly LIBOR | Floor Rate 1.00% | Spread 6.00% | Total Coupon 10.41% | Maturity 11/7/2026
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[1],[2],[16],[18]			1,423,301
Fair Value, Ending Balance	[1],[2],[16],[18]							1,423,301
Investment, Identifier [Axis]: Debt Investments | Commercial Services & Supplies | Kellermeyer Bergensons Services, LLC | First Lien Term Loan | Quarterly LIBOR | Floor Rate 1.00% | Spread 6.00% | Total Coupon 11.27% | Maturity 11/7/2026
Schedule Of Investments [Line Items]
Fair Value, Ending Balance	[3],[4],[5],[17]	1,455,384		1,455,384
Investment, Identifier [Axis]: Debt Investments | Commercial Services & Supplies | Pueblo Mechanical and Controls, LLC | First Lien Delayed Draw Term Loan | Quarterly SOFR | Floor Rate 0.75% | Spread 6.00% | Total Coupon 10.49% | Maturity 8/23/2028
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[1],[2],[16],[18],[19]			335,983
Fair Value, Ending Balance	[1],[2],[16],[18],[19]							335,983
Investment, Identifier [Axis]: Debt Investments | Commercial Services & Supplies | Pueblo Mechanical and Controls, LLC | First Lien Delayed Draw Term Loan | Quarterly SOFR | Floor Rate 0.75% | Spread 6.00% | Total Coupon 11.26% | Maturity 8/23/2028
Schedule Of Investments [Line Items]
Fair Value, Ending Balance	[3],[4],[5],[17],[20]	728,003		728,003
Investment, Identifier [Axis]: Debt Investments | Commercial Services & Supplies | Pueblo Mechanical and Controls, LLC | First Lien Revolver | PRIME | Floor Rate 0.75% | Spread 5.00% | Total Coupon 13.25% | Maturity 8/23/2027
Schedule Of Investments [Line Items]
Fair Value, Ending Balance	[3],[4],[5],[17],[20]	85,060		85,060
Investment, Identifier [Axis]: Debt Investments | Commercial Services & Supplies | Pueblo Mechanical and Controls, LLC | First Lien Revolver | Quarterly SOFR | Floor Rate 0.75% | Spread 6.00% | Total Coupon 10.32% | Maturity 8/23/2027
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[1],[2],[16],[18],[19]			(5,128)
Fair Value, Ending Balance	[1],[2],[16],[18],[19]							(5,128)
Investment, Identifier [Axis]: Debt Investments | Commercial Services & Supplies | Pueblo Mechanical and Controls, LLC | First Lien Term Loan | Quarterly SOFR | Floor Rate 0.75% | Spread 6.00% | Total Coupon 10.32% | Maturity 8/23/2028
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[1],[2],[16],[18]			1,334,367
Fair Value, Ending Balance	[1],[2],[16],[18]							1,334,367
Investment, Identifier [Axis]: Debt Investments | Commercial Services & Supplies | Pueblo Mechanical and Controls, LLC | First Lien Term Loan | Quarterly SOFR | Floor Rate 0.75% | Spread 6.00% | Total Coupon 11.16% | Maturity 8/23/2028
Schedule Of Investments [Line Items]
Fair Value, Ending Balance	[3],[4],[5],[17]	1,336,378		1,336,378
Investment, Identifier [Axis]: Debt Investments | Commercial Services & Supplies | Thermostat Purchaser III, Inc. (Reedy Industries) | Second Lien Delayed Draw Term Loan | Quarterly LIBOR | Floor Rate 0.75% | Spread 7.25% | Total Coupon 11.98% | Maturity 8/31/2029
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[1],[2],[16],[18],[19]			(31,327)
Fair Value, Ending Balance	[1],[2],[16],[18],[19]							(31,327)
Investment, Identifier [Axis]: Debt Investments | Commercial Services & Supplies | Thermostat Purchaser III, Inc. (Reedy Industries) | Second Lien Delayed Draw Term Loan | Quarterly SOfR | Floor Rate 0.75% | Spread 7.25% | Total Coupon 12.66% | Maturity 8/31/2029
Schedule Of Investments [Line Items]
Fair Value, Ending Balance	[3],[4],[5],[17],[20]	(30,432)		(30,432)
Investment, Identifier [Axis]: Debt Investments | Commercial Services & Supplies | Thermostat Purchaser III, Inc. (Reedy Industries) | Second Lien Term Loan | Quarterly LIBOR | Floor Rate 0.75% | Spread 7.25% | Total Coupon 11.98% | Maturity 8/31/2029
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[1],[2],[16],[18]			2,432,184
Fair Value, Ending Balance	[1],[2],[16],[18]							2,432,184
Investment, Identifier [Axis]: Debt Investments | Commercial Services & Supplies | Thermostat Purchaser III, Inc. (Reedy Industries) | Second Lien Term Loan | Quarterly SOFR | Floor Rate 0.75% | Spread 7.25% | Total Coupon 12.66% | Maturity 8/31/2029
Schedule Of Investments [Line Items]
Fair Value, Ending Balance	[3],[4],[5],[17]	2,437,415		2,437,415
Investment, Identifier [Axis]: Debt Investments | Construction & Engineering
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[1],[2],[16],[18]			14,666,740
Fair Value, Ending Balance		14,545,552		14,545,552				14,666,740	[1],[2],[16],[18]
Investment, Identifier [Axis]: Debt Investments | Construction & Engineering CSG Buyer, Inc. (Core States) | First Lien Revolver | Quarterly SOFR | Floor Rate 1.00% | Spread 6.00% | Total Coupon 10.84% | Maturity 3/31/2028
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[1],[2],[16],[18],[19]			(19,316)
Fair Value, Ending Balance	[1],[2],[16],[18],[19]							(19,316)
Investment, Identifier [Axis]: Debt Investments | Construction & Engineering | CSG Buyer, Inc. (Core States) | First Lien Delayed Draw Term Loan | Quarterly SOFR | Floor Rate 1.00% | Spread 6.00% | Total Coupon 10.84% | Maturity 3/31/2028
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[1],[2],[16],[18],[19]			(38,632)
Fair Value, Ending Balance	[1],[2],[16],[18],[19]							(38,632)
Investment, Identifier [Axis]: Debt Investments | Construction & Engineering | CSG Buyer, Inc. (Core States) | First Lien Delayed Draw Term Loan | Quarterly SOFR | Floor Rate 1.00% | Spread 6.00% | Total Coupon 11.50% | Maturity 3/31/2028
Schedule Of Investments [Line Items]
Fair Value, Ending Balance	[3],[4],[5],[17],[20]	(34,340)		(34,340)
Investment, Identifier [Axis]: Debt Investments | Construction & Engineering | CSG Buyer, Inc. (Core States) | First Lien Revolver | Quarterly SOFR | Floor Rate 1.00% | Spread 6.00% | Total Coupon 11.50% | Maturity 3/31/2028
Schedule Of Investments [Line Items]
Fair Value, Ending Balance	[3],[4],[5],[17],[20]	(17,170)		(17,170)
Investment, Identifier [Axis]: Debt Investments | Construction & Engineering | CSG Buyer, Inc. (Core States) | First Lien Term Loan | Quarterly SOFR | Floor Rate 1.00% | Spread 6.00% | Total Coupon 10.84% | Maturity 3/31/2028
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[1],[2],[16],[18]			3,157,203
Fair Value, Ending Balance	[1],[2],[16],[18]							3,157,203
Investment, Identifier [Axis]: Debt Investments | Construction & Engineering | CSG Buyer, Inc. (Core States) | First Lien Term Loan | Quarterly SOFR | Floor Rate 1.00% | Spread 6.00% | Total Coupon 11.50% | Maturity 3/31/2028
Schedule Of Investments [Line Items]
Fair Value, Ending Balance	[3],[4],[5],[17]	3,154,332		3,154,332
Investment, Identifier [Axis]: Debt Investments | Construction & Engineering | Geo Parent Corporation | First Lien Term Loan | Semiannually SOFR | Spread 5.25% | Total Coupon 10.17% | Maturity 12/19/2025
Schedule Of Investments [Line Items]
Fair Value, Ending Balance	[3],[4],[5],[17]	713,223		713,223
Investment, Identifier [Axis]: Debt Investments | Construction & Engineering | Homerenew Buyer, Inc. (Project Dream) | First Lien Delayed Draw Term Loan | Monthly SOFR | Floor Rate 1.00% | Spread 6.50% | Total Coupon 11.73% | Maturity 11/23/2027
Schedule Of Investments [Line Items]
Fair Value, Ending Balance	[3],[4],[5],[17],[20],[21]	4,744,224		4,744,224
Investment, Identifier [Axis]: Debt Investments | Construction & Engineering | Homerenew Buyer, Inc. (Project Dream) | First Lien Delayed Draw Term Loan | Semiannually SOFR | Floor Rate 1.00% | Spread 6.50% | Total Coupon 11.36% | Maturity 11/23/2027
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[1],[2],[16],[18],[19]			4,684,152
Fair Value, Ending Balance	[1],[2],[16],[18],[19]							4,684,152
Investment, Identifier [Axis]: Debt Investments | Construction & Engineering | Homerenew Buyer, Inc. (Project Dream) | First Lien Revolver | Monthly SOFR | Floor Rate 1.00% | Spread 6.50% | Total Coupon 11.12% | Maturity 11/23/2027
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[1],[2],[16],[18],[19]			201,038
Fair Value, Ending Balance	[1],[2],[16],[18],[19]							201,038
Investment, Identifier [Axis]: Debt Investments | Construction & Engineering | Homerenew Buyer, Inc. (Project Dream) | First Lien Revolver | Monthly SOFR | Floor Rate 1.00% | Spread 6.50% | Total Coupon 11.69% | Maturity 11/23/2027
Schedule Of Investments [Line Items]
Fair Value, Ending Balance	[3],[4],[5],[17],[20]	911,289		911,289
Investment, Identifier [Axis]: Debt Investments | Construction & Engineering | Homerenew Buyer, Inc. (Project Dream) | First Lien Term Loan | Monthly SOFR | Floor Rate 1.00% | Spread 6.50% | Total Coupon 11.70% | Maturity 11/23/2027
Schedule Of Investments [Line Items]
Fair Value, Ending Balance	[3],[4],[5],[17],[20]	3,395,223		3,395,223
Investment, Identifier [Axis]: Debt Investments | Construction & Engineering | Homerenew Buyer, Inc. (Project Dream) | First Lien Term Loan | Semiannually SOFR | Floor Rate 1.00% | Spread 6.50% | Total Coupon 11.54% | Maturity 11/23/2027
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[1],[2],[16],[18]			3,448,061
Fair Value, Ending Balance	[1],[2],[16],[18]							3,448,061
Investment, Identifier [Axis]: Debt Investments | Construction & Engineering | LJ Avalon Holdings, LLC (Ardurra) | First Lien Delayed Draw Term Loan | Monthly SOFR | Floor Rate 1.00% | Spread 6.50% | Total Coupon 11.51% | Maturity 2/1/2030
Schedule Of Investments [Line Items]
Fair Value, Ending Balance	[3],[4],[5],[17],[20]	(17,754)		(17,754)
Investment, Identifier [Axis]: Debt Investments | Construction & Engineering | LJ Avalon Holdings, LLC (Ardurra) | First Lien Revolver | Monthly SOFR | Floor Rate 1.00% | Spread 6.50% | Total Coupon 11.51% | Maturity 2/1/2029
Schedule Of Investments [Line Items]
Fair Value, Ending Balance	[3],[4],[5],[17],[20]	(7,101)		(7,101)
Investment, Identifier [Axis]: Debt Investments | Construction & Engineering | LJ Avalon Holdings, LLC (Ardurra) | First Lien Term Loan | Monthly SOFR | Floor Rate 1.00% | Spread 6.50% | Total Coupon 11.51% | Maturity 2/1/2030
Schedule Of Investments [Line Items]
Fair Value, Ending Balance	[3],[4],[5],[17]	1,703,626		1,703,626
Investment, Identifier [Axis]: Debt Investments | Construction & Engineering | Sunland Asphalt & Construction, LLC | First Lien Delayed Draw Term Loan | Semiannually LIBOR | Floor Rate 1.00% | Spread 6.00% | Total Coupon 11.15% | Maturity 1/13/2026
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[1],[2],[16],[18]			813,853
Fair Value, Ending Balance	[1],[2],[16],[18]							813,853
Investment, Identifier [Axis]: Debt Investments | Construction & Engineering | Sunland Asphalt & Construction, LLC | First Lien Term Loan | Semiannually LIBOR | Floor Rate 1.00% | Spread 6.00% | Total Coupon 11.15% | Maturity 1/13/2026
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[1],[2],[16],[18]			2,420,381
Fair Value, Ending Balance	[1],[2],[16],[18]							2,420,381
Investment, Identifier [Axis]: Debt Investments | Consumer Finance
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[1],[2],[16],[18]			7,527,989
Fair Value, Ending Balance		11,263,573	[3],[4],[5],[17]	11,263,573	[3],[4],[5],[17]			7,527,989	[1],[2],[16],[18]
Investment, Identifier [Axis]: Debt Investments | Consumer Finance | Freedom Financial Network Funding, LLC | First Lien Delayed Draw Term Loan | Semiannually SOFR | Floor Rate 1.00% | Spread 9.00% | Total Coupon 13.95% | Maturity 9/21/2027
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[1],[2],[16],[18],[19]			(51,933)
Fair Value, Ending Balance	[1],[2],[16],[18],[19]							(51,933)
Investment, Identifier [Axis]: Debt Investments | Consumer Finance | Freedom Financial Network Funding, LLC | First Lien Delayed Draw Term Loan | Semiannually SOFR | Floor Rate 1.00% | Spread 9.00% | Total Coupon 14.20% | Maturity 9/21/2027
Schedule Of Investments [Line Items]
Fair Value, Ending Balance	[3],[4],[5],[17],[20]	1,661,867		1,661,867
Investment, Identifier [Axis]: Debt Investments | Consumer Finance | Freedom Financial Network Funding, LLC | First Lien Term Loan | Semiannually SOFR | Floor Rate 1.00% | Spread 9.00% | Total Coupon 13.95% | Maturity 9/21/2027
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[1],[2],[16],[18]			5,037,535
Fair Value, Ending Balance	[1],[2],[16],[18]							5,037,535
Investment, Identifier [Axis]: Debt Investments | Consumer Finance | Freedom Financial Network Funding, LLC | First Lien Term Loan | Semiannually SOFR | Floor Rate 1.00% | Spread 9.00% | Total Coupon 14.54% | Maturity 9/21/2027
Schedule Of Investments [Line Items]
Fair Value, Ending Balance	[3],[4],[5],[17]	4,985,601		4,985,601
Investment, Identifier [Axis]: Debt Investments | Consumer Finance | Lucky US BuyerCo LLC (Global Payments) | First Lien Revolver | Quarterly SOFR | Floor Rate 1.00% | Spread 7.50% | Total Coupon 12.39% | Maturity 3/30/2029
Schedule Of Investments [Line Items]
Fair Value, Ending Balance		(7,976)		(7,976)
Investment, Identifier [Axis]: Debt Investments | Consumer Finance | Lucky US BuyerCo LLC (Global Payments) | First Lien Term Loan | Quarterly SOFR | Floor Rate 1.00% | Spread 7.50% | Total Coupon 12.39% | Maturity 3/30/2029
Schedule Of Investments [Line Items]
Fair Value, Ending Balance		2,108,350		2,108,350
Investment, Identifier [Axis]: Debt Investments | Consumer Finance | Money Transfer Acquisition Inc. | First Lien Term Loan | Monthly SOFR | Floor Rate 1.00% | Spread 8.25% | Total Coupon 12.67% | Maturity 12/14/2027
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[1],[2],[16],[18]			2,542,387
Fair Value, Ending Balance	[1],[2],[16],[18]							2,542,387
Investment, Identifier [Axis]: Debt Investments | Consumer Finance | Money Transfer Acquisition Inc. | First Lien Term Loan | Monthly SOFR | Floor Rate 1.00% | Spread 8.25% | Total Coupon 13.45% | Maturity 12/14/2027
Schedule Of Investments [Line Items]
Fair Value, Ending Balance	[3],[4],[5],[17]	2,515,731		2,515,731
Investment, Identifier [Axis]: Debt Investments | Containers & Packaging
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[1],[2],[16],[18]			13,997,622
Fair Value, Ending Balance		13,982,403	[3],[4],[5],[17]	13,982,403	[3],[4],[5],[17]			13,997,622	[1],[2],[16],[18]
Investment, Identifier [Axis]: Debt Investments | Containers & Packaging | BW Holding, Inc. (Brook & Whittle) | Second Lien Term Loan | Quarterly SOFR | Floor Rate 0.75% | Spread 7.50% | Total Coupon 12.05% | Maturity 12/14/2029
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[1],[2],[16],[18]			4,226,526
Fair Value, Ending Balance	[1],[2],[16],[18]							4,226,526
Investment, Identifier [Axis]: Debt Investments | Containers & Packaging | BW Holding, Inc. (Brook & Whittle) | Second Lien Term Loan | Quarterly SOFR | Floor Rate 0.75% | Spread 7.50% | Total Coupon 12.91% | Maturity 12/14/2029
Schedule Of Investments [Line Items]
Fair Value, Ending Balance	[3],[4],[5],[17]	4,021,354		4,021,354
Investment, Identifier [Axis]: Debt Investments | Containers & Packaging | PVHC Holding Corp. | First Lien Term Loan | Quarterly LIBOR | Floor Rate 1.00% | Spread 4.75% | Total Coupon 9.48% | Maturity 8/2/2024
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[1],[2],[16],[18]			9,771,096
Fair Value, Ending Balance	[1],[2],[16],[18]							9,771,096
Investment, Identifier [Axis]: Debt Investments | Containers & Packaging | PVHC Holding Corp. | First Lien Term Loan | Quarterly SOFR | Floor Rate 1.00% | Spread 4.75% | Total Coupon 10.14% | Maturity 8/2/2024
Schedule Of Investments [Line Items]
Fair Value, Ending Balance	[3],[4],[5],[17]	9,961,049		9,961,049
Investment, Identifier [Axis]: Debt Investments | Distributors Colony Display LLC | First Lien Term Loan | Semiannaually SOFR | Floor Rate 1.00% | Spread 9.50% | Total Coupon 13.91% | Maturity 6/30/2026
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[1],[2],[16],[18]			2,185,295
Fair Value, Ending Balance	[1],[2],[16],[18]							2,185,295
Investment, Identifier [Axis]: Debt Investments | Distributors | Colony Display LLC | First Lien Term Loan | Quarterly SOFR | Floor Rate 1.00% | Spread 6.50% Cash + 3.00% PIK | Total Coupon 15.00% | Maturity 6/30/2026
Schedule Of Investments [Line Items]
Fair Value, Ending Balance	[3],[4],[5],[17]	2,108,579		2,108,579
Investment, Identifier [Axis]: Debt Investments | Diversified Consumer Services
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[1],[2],[16],[18]			46,025,835
Fair Value, Ending Balance		45,041,126	[3],[4],[5],[17]	45,041,126	[3],[4],[5],[17]			46,025,835	[1],[2],[16],[18]
Investment, Identifier [Axis]: Debt Investments | Diversified Consumer Services | Elevate Brands OpCo LLC | First Lien Delayed Draw Term Loan | Quarterly SOFR | Floor Rate 1.00% | Spread 8.50% | Total Coupon 13.23% | Maturity 3/15/2027
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[1],[2],[16],[18],[19]			7,830,210
Fair Value, Ending Balance	[1],[2],[16],[18],[19]							7,830,210
Investment, Identifier [Axis]: Debt Investments | Diversified Consumer Services | Elevate Brands OpCo LLC | First Lien Delayed Draw Term Loan | Quarterly SOFR | Floor Rate 1.00% | Spread 8.50% | Total Coupon 13.70% | Maturity 3/15/2027
Schedule Of Investments [Line Items]
Fair Value, Ending Balance	[3],[4],[5],[17],[20]	7,900,095		7,900,095
Investment, Identifier [Axis]: Debt Investments | Diversified Consumer Services | Fusion Holding Corp. (Finalsite) | First Lien Revolver | Quarterly SOFR | Floor Rate 0.75% | Spread 6.25% | Total Coupon 10.78% | Maturity 9/15/2027
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[1],[2],[16],[18],[19]			(5,592)
Fair Value, Ending Balance	[1],[2],[16],[18],[19]							(5,592)
Investment, Identifier [Axis]: Debt Investments | Diversified Consumer Services | Fusion Holding Corp. (Finalsite) | First Lien Revolver | Quarterly SOFR | Floor Rate 0.75% | Spread 6.25% | Total Coupon 11.55% | Maturity 9/15/2027
Schedule Of Investments [Line Items]
Fair Value, Ending Balance	[3],[4],[5],[17],[20]	(2,927)		(2,927)
Investment, Identifier [Axis]: Debt Investments | Diversified Consumer Services | Fusion Holding Corp. (Finalsite) | First Lien Term Loan | Quarterly SOFR | Floor Rate 0.75% | Spread 6.25% | Total Coupon 10.78% | Maturity 9/14/2029
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[1],[2],[16],[18]			3,131,144
Fair Value, Ending Balance	[1],[2],[16],[18]							3,131,144
Investment, Identifier [Axis]: Debt Investments | Diversified Consumer Services | Fusion Holding Corp. (Finalsite) | First Lien Term Loan | Quarterly/Semiannually SOFR | | Floor Rate 0.75% | Spread 6.25% | Total Coupon 11.55% | Maturity 9/14/2029
Schedule Of Investments [Line Items]
Fair Value, Ending Balance	[3],[4],[5],[17]	3,154,344		3,154,344
Investment, Identifier [Axis]: Debt Investments | Diversified Consumer Services | Razor Group GmbH (Germany) | First Lien Delayed Draw Term Loan | Monthly LIBOR | Floor Rate 1.00% | Spread 9.00% | Total Coupon 14.21% | Maturity 4/30/2025
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[1],[2],[16],[18],[19],[22],[23]			12,176,370
Fair Value, Ending Balance	[1],[2],[16],[18],[19],[22],[23]							12,176,370
Investment, Identifier [Axis]: Debt Investments | Diversified Consumer Services | Razor Group GmbH (Germany) | First Lien Delayed Draw Term Loan | Monthly SOFR | Floor Rate 2.00% | Spread 5.00% Cash + 5.00% PIK | Total Coupon 15.32% | Maturity 4/30/2025
Schedule Of Investments [Line Items]
Fair Value, Ending Balance	[3],[4],[5],[17],[20],[24],[25],[26]	12,574,284		12,574,284
Investment, Identifier [Axis]: Debt Investments | Diversified Consumer Services | Razor Group GmbH (Germany) | First Lien Sr Secured Convertible Term Loan | Fixed Spread 3.50% Cash and 3.50% PIK | Total Coupon 7.00% | Maturity 4/30/2025
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[1],[2],[16],[18],[22],[23],[27]			1,762,833
Fair Value, Ending Balance	[1],[2],[16],[18],[22],[23],[27]							1,762,833
Investment, Identifier [Axis]: Debt Investments | Diversified Consumer Services | Razor Group GmbH (Germany) | First Lien Sr Secured Convertible Term Loan | Fixed | Spread 3.50% Cash and 3.50% PIK | Total Coupon 7.00% | Maturity 4/30/2025
Schedule Of Investments [Line Items]
Fair Value, Ending Balance	[3],[4],[5],[17],[24],[25],[26]	1,775,314		1,775,314
Investment, Identifier [Axis]: Debt Investments | Diversified Consumer Services | SellerX Germany GmbH & Co. Kg (Germany) | First Lien Delayed Draw Term Loan | Quarterly LIBOR | Floor Rate 1.00% | Spread 8.00% Cash and 3.00% PIK | Total Coupon 15.73% | Maturity 11/23/2025
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[1],[2],[16],[18],[19],[22],[23],[27]			6,255,561
Fair Value, Ending Balance	[1],[2],[16],[18],[19],[22],[23],[27]							6,255,561
Investment, Identifier [Axis]: Debt Investments | Diversified Consumer Services | SellerX Germany GmbH & Co. Kg (Germany) | First Lien Delayed Draw Term Loan | Quarterly LIBOR | Floor Rate 1.00% | Spread 8.00% Cash and 3.00% PIK | Total Coupon 16.54% | Maturity 11/23/2025
Schedule Of Investments [Line Items]
Fair Value, Ending Balance	[3],[4],[5],[17],[20],[24],[25],[26]	6,441,235		6,441,235
Investment, Identifier [Axis]: Debt Investments | Diversified Consumer Services | Thras.io, LLC | First Lien Delayed Draw Term Loan | Quarterly SOFR | Floor Rate 1.00% | Spread 7.00% | Total Coupon 12.50% | Maturity 12/18/2026
Schedule Of Investments [Line Items]
Fair Value, Ending Balance	[3],[4],[5],[17],[28]	2,283,740		2,283,740
Investment, Identifier [Axis]: Debt Investments | Diversified Consumer Services | Thras.io, LLC | First Lien Delayed Draw Term Loan | Semiannually LIBOR | Floor Rate 1.00% | Spread 7.00% | Total Coupon 11.17% | Maturity 12/18/2026
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[1],[2],[16],[18],[19],[29]			2,373,093
Fair Value, Ending Balance	[1],[2],[16],[18],[19],[29]							2,373,093
Investment, Identifier [Axis]: Debt Investments | Diversified Consumer Services | Thras.io, LLC | First Lien Term Loan | Quarterly SOFR | Floor Rate 1.00% | Spread 7.00% | Total Coupon 12.50% | Maturity 12/18/2026
Schedule Of Investments [Line Items]
Fair Value, Ending Balance	[3],[4],[5],[17],[28]	5,448,463		5,448,463
Investment, Identifier [Axis]: Debt Investments | Diversified Consumer Services | Thras.io, LLC | First Lien Term Loan | Semiannually LIBOR | Floor Rate 1.00% | Spread 7.00% | Total Coupon 11.17% | Maturity 12/18/2026
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[1],[2],[16],[18],[29]			6,434,771
Fair Value, Ending Balance	[1],[2],[16],[18],[29]							6,434,771
Investment, Identifier [Axis]: Debt Investments | Diversified Consumer Services | Whele LLC (Perch) | First Lien Incremental Term Loan | Monthly SOFR | Floor Rate 1.00% | Spread 8.50% Cash + 3.00% PIK | Total Coupon 16.20% | Maturity 10/15/2025
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[1],[2],[16],[18],[27]			6,067,445
Fair Value, Ending Balance	[1],[2],[16],[18],[27]							6,067,445
Investment, Identifier [Axis]: Debt Investments | Diversified Consumer Services | Whele LLC (Perch) | First Lien Incremental Term Loan | Monthly SOFR | Floor Rate 1.00% | Spread 8.50% Cash + 3.00% PIK | Total Coupon 16.82% | Maturity 10/15/2025
Schedule Of Investments [Line Items]
Fair Value, Ending Balance	[3],[4],[5],[17],[24]	5,466,578		5,466,578
Investment, Identifier [Axis]: Debt Investments | Diversified Financial Services
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[1],[2],[16]			82,648,607
Fair Value, Ending Balance		87,286,625	[3],[4],[5],[17]	87,286,625	[3],[4],[5],[17]			82,648,607	[1],[2],[16]
Investment, Identifier [Axis]: Debt Investments | Diversified Financial Services | 2-10 Holdco, Inc. | First Lien Revolver | SOFR (M) | Floor Rate 0.75% | Spread 6.00% | Total Coupon 10.42% | Maturity 3/26/2026
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[1],[2],[16],[19]			(3,171)
Fair Value, Ending Balance	[1],[2],[16],[19]							(3,171)
Investment, Identifier [Axis]: Debt Investments | Diversified Financial Services | 2-10 Holdco, Inc. | First Lien Revolver | SOFR(M) | Floor Rate 0.75% | Spread 6.00% | Total Coupon 11.20% | Maturity 3/26/2026
Schedule Of Investments [Line Items]
Fair Value, Ending Balance	[3],[4],[5],[17],[20]	(4,397)		(4,397)
Investment, Identifier [Axis]: Debt Investments | Diversified Financial Services | 2-10 Holdco, Inc. | First Lien Term Loan | Monthly SOFR | Floor Rate 0.75% | Spread 6.00% | Total Coupon 10.42% | Maturity 3/26/2026
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[1],[2],[16]			6,452,601
Fair Value, Ending Balance	[1],[2],[16]							6,452,601
Investment, Identifier [Axis]: Debt Investments | Diversified Financial Services | 2-10 Holdco, Inc. | First Lien Term Loan | SOFR(M) | Floor Rate 0.75% | Spread 6.00% | Total Coupon 11.20% | Maturity 3/26/2026
Schedule Of Investments [Line Items]
Fair Value, Ending Balance	[3],[4],[5],[17]	6,320,309		6,320,309
Investment, Identifier [Axis]: Debt Investments | Diversified Financial Services | Accordion Partners LLC | First Lien Delayed Draw Term Loan A | Quarterly SOFR | Floor Rate 0.75% | Spread 6.50% | Total Coupon 11.08% | Maturity 8/29/2029
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[1],[2],[16],[19]			(7,017)
Fair Value, Ending Balance	[1],[2],[16],[19]							(7,017)
Investment, Identifier [Axis]: Debt Investments | Diversified Financial Services | Accordion Partners LLC | First Lien Delayed Draw Term Loan A | SOFR (Q)| Floor Rate 0.75% | Spread 6.50% | Total Coupon 11.74% | Maturity 8/29/2029
Schedule Of Investments [Line Items]
Fair Value, Ending Balance	[3],[4],[5],[17]	466,383		466,383
Investment, Identifier [Axis]: Debt Investments | Diversified Financial Services | Accordion Partners LLC | First Lien Delayed Draw Term Loan B | Quarterly SOFR | Floor Rate 0.75% | Spread 6.25% | Total Coupon 10.83% | Maturity 8/29/2029
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[1],[2],[16],[19]			(15,203)
Fair Value, Ending Balance	[1],[2],[16],[19]							(15,203)
Investment, Identifier [Axis]: Debt Investments | Diversified Financial Services | Accordion Partners LLC | First Lien Delayed Draw Term Loan B | SOFR(Q) | Floor Rate 0.75% | Spread 6.25% | Total Coupon 11.29% | Maturity 8/29/2029
Schedule Of Investments [Line Items]
Fair Value, Ending Balance	[3],[4],[5],[17],[20]	576,546		576,546
Investment, Identifier [Axis]: Debt Investments | Diversified Financial Services | Accordion Partners LLC | First Lien Revolver | Floor Rate 0.75% | Spread 6.25% |Total Coupon 10.83% | Maturity 8/29/2029
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[1],[2],[16],[19]			(12,162)
Fair Value, Ending Balance	[1],[2],[16],[19]							(12,162)
Investment, Identifier [Axis]: Debt Investments | Diversified Financial Services | Accordion Partners LLC | First Lien Revolver | Quaterly SOFR | Floor Rate 0.75% | Spread 6.25% | Total Coupon 11.49% | Maturity 8/31/2028
Schedule Of Investments [Line Items]
Fair Value, Ending Balance	[3],[4],[5],[17],[20]	(6,549)		(6,549)
Investment, Identifier [Axis]: Debt Investments | Diversified Financial Services | Accordion Partners LLC | First Lien Term Loan | Quarterly SOFR | Floor Rate 0.75% | Spread 6.25% | Total Coupon 10.83% | Maturity 8/29/2029
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[1],[2],[16]			5,216,891
Fair Value, Ending Balance	[1],[2],[16]							5,216,891
Investment, Identifier [Axis]: Debt Investments | Diversified Financial Services | Accordion Partners LLC | First Lien Term Loan | SOFR(Q) | Floor Rate 0.75% | Spread 6.25% | Total Coupon 11.49% | Maturity 8/29/2029
Schedule Of Investments [Line Items]
Fair Value, Ending Balance	[3],[4],[5],[17]	5,254,759		5,254,759
Investment, Identifier [Axis]: Debt Investments | Diversified Financial Services | Callodine Commercial Finance, LLC | First Lien Term Loan | Quarterly LIBOR | Floor Rate 1.00% | Spread 9.00% | Total Coupon 13.73% | Maturity 11/3/2025
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[1],[2],[16]			24,775,000
Fair Value, Ending Balance	[1],[2],[16]							24,775,000
Investment, Identifier [Axis]: Debt Investments | Diversified Financial Services | Callodine Commercial Finance, LLC | First Lien Term Loan | SOFR(Q) | Floor Rate 1.00% | Spread 9.00% | Total Coupon 14.50% | Maturity 11/3/2025
Schedule Of Investments [Line Items]
Fair Value, Ending Balance	[3],[4],[5],[17]	24,850,000		24,850,000
Investment, Identifier [Axis]: Debt Investments | Diversified Financial Services | Callodine Commercial Finance, LLC | Subordinated Debt | Monthly SOFR | Floor Rate 0.25% | Spread 8.50% | Total Coupon 13.14% | Maturity 10/8/2027
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[1],[2],[16],[30]			4,930,000
Fair Value, Ending Balance	[1],[2],[16],[30]							4,930,000
Investment, Identifier [Axis]: Debt Investments | Diversified Financial Services | Callodine Commercial Finance, LLC | Subordinated Debt | SOFR(M) | Floor Rate 0.25% | Spread 8.50% | Total Coupon 13.90% | Maturity 10/8/2027
Schedule Of Investments [Line Items]
Fair Value, Ending Balance	[3],[4],[5],[17],[31]	4,955,000		4,955,000
Investment, Identifier [Axis]: Debt Investments | Diversified Financial Services | GC Champion Acquisition LLC (Numerix) | First Lien Delayed Draw Term Loan | SOFR(S) | Floor Rate 1.00% | Spread 6.75% | Total Coupon 11.78% | Maturity 8/21/2028
Schedule Of Investments [Line Items]
Fair Value, Ending Balance	[3],[4],[5],[17],[20]	1,945,865		1,945,865
Investment, Identifier [Axis]: Debt Investments | Diversified Financial Services | GC Champion Acquisition LLC (Numerix) | First Lien Delayed Draw Term Loan | SOFR(S) | Floor Rate 1.00% | Spread 6.75% |Total Coupon 11.15% | Maturity 8/21/2028
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[1],[2],[16],[19]			(57,773)
Fair Value, Ending Balance	[1],[2],[16],[19]							(57,773)
Investment, Identifier [Axis]: Debt Investments | Diversified Financial Services | GC Champion Acquisition LLC (Numerix) | First Lien Term Loan | SOFR(S) | Floor Rate 1.00% | Spread 6.75% | Total Coupon 11.15% | Maturity 8/21/2028
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[1],[2],[16]			6,897,369
Fair Value, Ending Balance	[1],[2],[16]							6,897,369
Investment, Identifier [Axis]: Debt Investments | Diversified Financial Services | GC Champion Acquisition LLC (Numerix) | First Lien Term Loan | SOFR(S) | Floor Rate 1.00% | Spread 6.75% | Total Coupon 11.78% | Maturity 8/21/2028
Schedule Of Investments [Line Items]
Fair Value, Ending Balance	[3],[4],[5],[17]	7,005,113		7,005,113
Investment, Identifier [Axis]: Debt Investments | Diversified Financial Services | Gordon Brothers Finance Company | Unsecured Debt | LIBOR (M) | Floor Rate 1.00% | Spread 11.00% | Total Coupon 18.19% | Maturity 10/31/2021
Schedule Of Investments [Line Items]
Fair Value, Ending Balance	[3],[4],[5],[17],[32],[33],[34]	14,999,000		14,999,000
Investment, Identifier [Axis]: Debt Investments | Diversified Financial Services | Gordon Brothers Finance Company | Unsecured Debt | LIBOR(M) | Floor Rate 1.00% | Spread 11.00% | Total Coupon 17.38% | Maturity 10/31/2021
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[1],[2],[16],[35],[36],[37]			15,228,000
Fair Value, Ending Balance	[1],[2],[16],[35],[36],[37]							15,228,000
Investment, Identifier [Axis]: Debt Investments | Diversified Financial Services | Libra Solutions Intermediate Holdco, LLC et al (fka Oasis Financial, LLC) | Second Lien Term Loan | SOFR(M) | Floor Rate 1.00% | Spread 18.50% | Total Coupon 12.93% | Maturity 7/5/2026
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[1],[2],[16]			4,870,000
Fair Value, Ending Balance	[1],[2],[16]							4,870,000
Investment, Identifier [Axis]: Debt Investments | Diversified Financial Services | Libra Solutions Intermediate Holdco, LLC et al (fka Oasis Financial, LLC) | Second Lien Term Loan | SOFR(M) | Floor Rate 1.00% | Spread 8.50% | Total Coupon 13.71% | Maturity 7/5/2026
Schedule Of Investments [Line Items]
Fair Value, Ending Balance	[3],[4],[5],[17]	4,890,000		4,890,000
Investment, Identifier [Axis]: Debt Investments | Diversified Financial Services | Wealth Enhancement Group, LLC | First Lien Delayed Draw Term Loan | SOFR(Q)/(S) | Floor Rate 1.00% | Spread 6.25% | Total Coupon 11.09% | Maturity 10/4/2027
Schedule Of Investments [Line Items]
Fair Value, Ending Balance	[3],[4],[5],[17],[20]	5,026,273		5,026,273
Investment, Identifier [Axis]: Debt Investments | Diversified Financial Services | Wealth Enhancement Group, LLC | First Lien Delayed Draw Term Loan | SOFR(S) | Floor Rate 1.00% | Spread 6.00% | Total Coupon 10.44% | Maturity 10/4/2027
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[1],[2],[16],[19]			3,298,870
Fair Value, Ending Balance	[1],[2],[16],[19]							3,298,870
Investment, Identifier [Axis]: Debt Investments | Diversified Financial Services | Wealth Enhancement Group, LLC | First Lien Revolver | SOFR(S) | Floor Rate 1.00% | Spread 6.00% | Total Coupon 10.44% | Maturity 10/4/2027
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[1],[2],[16],[19]			(10,098)
Fair Value, Ending Balance	[1],[2],[16],[19]							(10,098)
Investment, Identifier [Axis]: Debt Investments | Diversified Financial Services | Wealth Enhancement Group, LLC | First Lien Revolver | SOFR(S) | Floor Rate 1.00% | Spread 6.25% | Total Coupon 11.09% | Maturity 10/4/2027
Schedule Of Investments [Line Items]
Fair Value, Ending Balance	[3],[4],[5],[17],[20]	(9,177)		(9,177)
Investment, Identifier [Axis]: Debt Investments | Diversified Financial Services | Worldremit Group Limited (United Kingdom) | First Lien Term Loan (3.0% Exit Fee) | LIBOR(Q) | Floor Rate 1.00% | Spread 9.25% | Total Coupon 13.91% | Maturity 2/11/2025
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[1],[2],[16],[22],[23]			11,085,300
Fair Value, Ending Balance	[1],[2],[16],[22],[23]							11,085,300
Investment, Identifier [Axis]: Debt Investments | Diversified Financial Services | Worldremit Group Limited (United Kingdom) | First Lien Term Loan (3.0% Exit Fee) | SOFR(Q)/(M) | Floor Rate 1.00% | Spread 9.25% | Total Coupon 14.65% | Maturity 2/11/2025
Schedule Of Investments [Line Items]
Fair Value, Ending Balance	[3],[4],[5],[17],[25],[26]	11,017,500		11,017,500
Investment, Identifier [Axis]: Debt Investments | Electrical Equipment | Advanced Lighting Technologies, LLC | Second Lien Sr Secured Notes | LIBOR(M) | Floor Rate 2.00% | Spread 16.00% PIK + 6.00% Cash | Total Coupon 28.33% | Maturity 3/16/2027
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[1],[2],[16],[27],[35],[36],[38]			708,823
Fair Value, Ending Balance	[1],[2],[16],[27],[35],[36],[38]							708,823
Investment, Identifier [Axis]: Debt Investments | Health Care Equipment & Supplies | Zest Acquisition Corp. | Second Lien Term Loan | LIBOR(M) | Floor Rate 1.00% | Spread 7.00% | Total Coupon 11.39% | Maturity 3/14/2026
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[1],[2],[16],[29]			14,025,000
Fair Value, Ending Balance	[1],[2],[16],[29]							14,025,000
Investment, Identifier [Axis]: Debt Investments | Health Care Providers & Services
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[1],[2],[16]			21,097,447
Fair Value, Ending Balance		21,450,215	[3],[4],[5],[17]	21,450,215	[3],[4],[5],[17]			21,097,447	[1],[2],[16]
Investment, Identifier [Axis]: Debt Investments | Health Care Providers & Services | INH Buyer, Inc. (IMS Health) | First Lien Term Loan (1.5% Exit Fee) | SOFR(Q) | Floor Rate 1.00% | Spread 3.50% Cash + 3.50% PIK | Total Coupon 11.68% | Maturity 6/28/2028
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[1],[2],[16],[27]			2,121,343
Fair Value, Ending Balance	[1],[2],[16],[27]							2,121,343
Investment, Identifier [Axis]: Debt Investments | Health Care Providers & Services | INH Buyer, Inc. (IMS Health) | First Lien Term Loan (1.5% Exit Fee) | SOFR(Q) | Floor Rate 1.00% | Spread 3.50% Cash + 3.50% PIK | Total Coupon 12.34% | Maturity 6/28/2028
Schedule Of Investments [Line Items]
Fair Value, Ending Balance	[3],[4],[5],[17],[24]	2,258,451		2,258,451
Investment, Identifier [Axis]: Debt Investments | Health Care Providers & Services | Opco Borrower, LLC (Giving Home Health Care) | First Lien Revolver | (Q)SOFR | Floor Rate 1.00% | Spread 6.50% | Total Coupon 11.84% | Maturity 8/19/2027
Schedule Of Investments [Line Items]
Fair Value, Ending Balance	[3],[4],[5],[17],[20]	(25)		(25)
Investment, Identifier [Axis]: Debt Investments | Health Care Providers & Services | Opco Borrower, LLC (Giving Home Health Care) | First Lien Revolver | SOFR(M) | Floor Rate 1.00% | Spread 6.50% | Total Coupon 10.87% | Maturity 8/19/2027
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[1],[2],[16],[19]			5,706
Fair Value, Ending Balance	[1],[2],[16],[19]							5,706
Investment, Identifier [Axis]: Debt Investments | Health Care Providers & Services | Opco Borrower, LLC (Giving Home Health Care) | First Lien Term Loan | SOFR(Q) | Floor Rate 1.00% | Spread 6.50% | Total Coupon 11.18% | Maturity 8/19/2027
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[1],[2],[16]			335,658
Fair Value, Ending Balance	[1],[2],[16]							335,658
Investment, Identifier [Axis]: Debt Investments | Health Care Providers & Services | Opco Borrower, LLC (Giving Home Health Care) | First Lien Term Loan | SOFR(Q) | Floor Rate 1.00% | Spread 6.50% | Total Coupon 11.84% | Maturity 8/19/2027
Schedule Of Investments [Line Items]
Fair Value, Ending Balance	[3],[4],[5],[17]	337,035		337,035
Investment, Identifier [Axis]: Debt Investments | Health Care Providers & Services | Outcomes Group Holdings, Inc. | Second Lien Term Loan | LIBOR(M) | Spread 7.50% | Total Coupon 12.69% | Maturity 10/26/2026
Schedule Of Investments [Line Items]
Fair Value, Ending Balance	[3],[4],[5],[17],[28]	5,653,846		5,653,846
Investment, Identifier [Axis]: Debt Investments | Health Care Providers & Services | Outcomes Group Holdings, Inc. | Second Lien Term Loan | LIBOR(Q) | Spread 7.50% | Total Coupon 12.23% | Maturity 10/26/2026
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[1],[2],[16]			5,480,769
Fair Value, Ending Balance	[1],[2],[16]							5,480,769
Investment, Identifier [Axis]: Debt Investments | Health Care Providers & Services | Outcomes Group Holdings, Inc. | Second Lien Term Loan | SOFR(M) | Floor rate 0.50% | Spread 7.50% | Total Coupon 12.70% | Maturity 10/26/2026
Schedule Of Investments [Line Items]
Fair Value, Ending Balance	[3],[4],[5],[17]	3,432,308		3,432,308
Investment, Identifier [Axis]: Debt Investments | Health Care Providers & Services | Outcomes Group Holdings, Inc. | Second Lien Term Loan | SOFR(Q) | Floor rate 0.50% | Spread 7.50% | Total Coupon 12.05% | Maturity 10/26/2026
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[1],[2],[16]			3,361,538
Fair Value, Ending Balance	[1],[2],[16]							3,361,538
Investment, Identifier [Axis]: Debt Investments | Health Care Providers & Services | PHC Buyer, LLC (Patriot Home Care) | First Lien Delayed Draw Term Loan | SOFR (Q) | Floor rate 0.75% | Spread 6.00% | Total Coupon 11.26% | Maturity 5/4/2028
Schedule Of Investments [Line Items]
Fair Value, Ending Balance	[3],[4],[5],[17],[20]	(29,670)		(29,670)
Investment, Identifier [Axis]: Debt Investments | Health Care Providers & Services | PHC Buyer, LLC (Patriot Home Care) | First Lien Delayed Draw Term Loan | SOFR(S) | Floor rate 0.75% | Spread 6.00% | Total Coupon 10.70% | Maturity 5/4/2028
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[1],[2],[16],[19]			(46,396)
Fair Value, Ending Balance	[1],[2],[16],[19]							(46,396)
Investment, Identifier [Axis]: Debt Investments | Health Care Providers & Services | PHC Buyer, LLC (Patriot Home Care) | First Lien Term Loan | SOFR(Q) | Floor rate 0.75% | Spread 6.00% | Total Coupon 11.26% | Maturity 5/4/2028
Schedule Of Investments [Line Items]
Fair Value, Ending Balance	[3],[4],[5],[17]	3,702,545		3,702,545
Investment, Identifier [Axis]: Debt Investments | Health Care Providers & Services | PHC Buyer, LLC (Patriot Home Care) | First Lien Term Loan | SOFR(S) | Floor rate 0.75% | Spread 6.00% | Total Coupon 10.70% | Maturity 5/4/2028
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[1],[2],[16]			3,677,559
Fair Value, Ending Balance	[1],[2],[16]							3,677,559
Investment, Identifier [Axis]: Debt Investments | Health Care Providers & Services | Team Services Group, LLC | Second Lien Term Loan | LIBOR(Q) | Floor rate 1.00% | Spread 9.00% | Total Coupon 14.27% | Maturity 11/13/2028
Schedule Of Investments [Line Items]
Fair Value, Ending Balance	[3],[4],[5],[17]	6,095,725		6,095,725
Investment, Identifier [Axis]: Debt Investments | Health Care Providers & Services | Team Services Group, LLC | Second Lien Term Loan | LIBOR(S) | Floor rate 1.00% | Spread 9.00% | Total Coupon 13.93% | Maturity 11/13/2028
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[1],[2],[16]			6,161,270
Fair Value, Ending Balance	[1],[2],[16]							6,161,270
Investment, Identifier [Axis]: Debt Investments | Health Care Technology
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[1],[2],[16]			25,380,349
Fair Value, Ending Balance		25,539,811	[3],[4],[5]	25,539,811	[3],[4],[5]			25,380,349	[1],[2],[16]
Investment, Identifier [Axis]: Debt Investments | Health Care Technology | Appriss Health, LLC (PatientPing) | First Lien Revolver | LIBOR(M) | Floor rate 1.00% | Spread 7.25% | Total Coupon 11.54% | Maturity 5/6/2027
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[1],[2],[16],[19]			(10,545)
Fair Value, Ending Balance	[1],[2],[16],[19]							(10,545)
Investment, Identifier [Axis]: Debt Investments | Health Care Technology | Appriss Health, LLC (PatientPing) | First Lien Revolver | LIBOR(M) | Floor rate 1.00% | Spread 7.25% | Total Coupon 11.90% | Maturity 5/6/2027
Schedule Of Investments [Line Items]
Fair Value, Ending Balance	[3],[4],[5],[17],[20]	(7,477)		(7,477)
Investment, Identifier [Axis]: Debt Investments | Health Care Technology | Appriss Health, LLC (PatientPing) | First Lien Term Loan | LIBOR(M) | Floor rate 1.00% | Spread 7.25% | Total Coupon 11.54% | Maturity 5/6/2027
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[1],[2],[16]			2,710,930
Fair Value, Ending Balance	[1],[2],[16]							2,710,930
Investment, Identifier [Axis]: Debt Investments | Health Care Technology | Appriss Health, LLC (PatientPing) | First Lien Term Loan | LIBOR(M) | Floor rate 1.00% | Spread 7.25% | Total Coupon 11.90% | Maturity 5/6/2027
Schedule Of Investments [Line Items]
Fair Value, Ending Balance	[3],[4],[5],[17]	2,749,920		2,749,920
Investment, Identifier [Axis]: Debt Investments | Health Care Technology | CareATC, Inc. | First Lien Revolver | LIBOR(S) | Floor rate 1.00% | Spread 7.25% | Total Coupon 9.73% | Maturity 3/14/2024
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[1],[2],[16]			332,665
Fair Value, Ending Balance	[1],[2],[16]							332,665
Investment, Identifier [Axis]: Debt Investments | Health Care Technology | CareATC, Inc. | First Lien Revolver | SOFR(Q) | Floor rate 1.00% | Spread 7.25% | Total Coupon 13.07% | Maturity 3/14/2024
Schedule Of Investments [Line Items]
Fair Value, Ending Balance	[3],[4],[5],[17]	(8,114)		(8,114)
Investment, Identifier [Axis]: Debt Investments | Health Care Technology | CareATC, Inc. | First Lien Term Loan | LIBOR(Q) | Floor rate 1.00% | Spread 7.25% | Total Coupon 11.99% | Maturity 3/14/2024
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[1],[2],[16]			7,541,813
Fair Value, Ending Balance	[1],[2],[16]							7,541,813
Investment, Identifier [Axis]: Debt Investments | Health Care Technology | CareATC, Inc. | First Lien Term Loan | SOFR(Q) | Floor rate 1.00% | Spread 7.25% | Total Coupon 13.07% | Maturity 3/14/2024
Schedule Of Investments [Line Items]
Fair Value, Ending Balance	[3],[4],[5],[17]	7,480,498		7,480,498
Investment, Identifier [Axis]: Debt Investments | Health Care Technology | ESO Solutions, Inc. | First Lien Revolver | SOFR(Q) | Floor rate 1.00% | Spread 7.00% | Total Coupon 11.59% | Maturity 5/3/2027
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[1],[2],[16],[19]			(24,651)
Fair Value, Ending Balance	[1],[2],[16],[19]							(24,651)
Investment, Identifier [Axis]: Debt Investments | Health Care Technology | ESO Solutions, Inc. | First Lien Revolver | SOFR(Q) | Floor rate 1.00% | Spread 7.00% | Total Coupon 12.33% | Maturity 5/3/2027
Schedule Of Investments [Line Items]
Fair Value, Ending Balance	[3],[4],[5],[17],[20]	344,492		344,492
Investment, Identifier [Axis]: Debt Investments | Health Care Technology | ESO Solutions, Inc. | First Lien Term Loan | SOFR(Q) | Floor rate 1.00% | Spread 7.00% | Total Coupon 11.59% | Maturity 5/3/2027
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[1],[2],[16]			8,045,370
Fair Value, Ending Balance	[1],[2],[16]							8,045,370
Investment, Identifier [Axis]: Debt Investments | Health Care Technology | ESO Solutions, Inc. | First Lien Term Loan | SOFR(Q) | Floor rate 1.00% | Spread 7.00% | Total Coupon 12.25% | Maturity 5/3/2027
Schedule Of Investments [Line Items]
Fair Value, Ending Balance	[3],[4],[5],[17]	8,036,989		8,036,989
Investment, Identifier [Axis]: Debt Investments | Health Care Technology | Gainwell Acquisition Corp. | Second Lien Term Loan | LIBOR(Q) | Floor rate 1.00% | Spread 8.00% | Total Coupon 11.74% | Maturity 10/2/2028
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[1],[2],[16]			1,899,767
Fair Value, Ending Balance	[1],[2],[16]							1,899,767
Investment, Identifier [Axis]: Debt Investments | Health Care Technology | Gainwell Acquisition Corp. | Second Lien Term Loan | SOFR(Q) | Floor rate 1.00% | Spread 8.00% | Total Coupon 13.04% | Maturity 10/2/2028
Schedule Of Investments [Line Items]
Fair Value, Ending Balance	[3],[4],[5],[17]	1,988,503		1,988,503
Investment, Identifier [Axis]: Debt Investments | Health Care Technology | Sandata Technologies, LLC | First Lien Term Loan | LIBOR(Q) | Spread 6.00% | Total Coupon 10.29% | Maturity 7/23/2024
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[1],[2],[16]			488,500
Fair Value, Ending Balance	[1],[2],[16]							488,500
Investment, Identifier [Axis]: Debt Investments | Health Care Technology | Sandata Technologies, LLC | First Lien Term Loan | LIBOR(Q) | Spread 6.00% | Total Coupon 10.75% | Maturity 7/23/2024
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[1],[2],[16]			4,396,500
Fair Value, Ending Balance	[1],[2],[16]							4,396,500
Investment, Identifier [Axis]: Debt Investments | Health Care Technology | Sandata Technologies, LLC | First Lien Term Loan | LIBOR(Q)/SOFR(Q) | Spread 6.00% | Total Coupon 11.46% | Maturity 7/23/2024
Schedule Of Investments [Line Items]
Fair Value, Ending Balance	[3],[4],[5],[17]	495,500		495,500
Investment, Identifier [Axis]: Debt Investments | Health Care Technology | Sandata Technologies, LLC | First Lien Term Loan | SOFR(Q) | Spread 6.00% |Total Coupon 11.50% | Maturity 7/23/2024
Schedule Of Investments [Line Items]
Fair Value, Ending Balance	[3],[4],[5],[17]	4,459,500		4,459,500
Investment, Identifier [Axis]: Debt Investments | Hotels, Restaurants & Leisure
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[1],[2],[16]			5,087,470
Fair Value, Ending Balance		11,200,068	[3],[4],[5],[17]	11,200,068	[3],[4],[5],[17]			5,087,470	[1],[2],[16]
Investment, Identifier [Axis]: Debt Investments | Hotels, Restaurants & Leisure | OCM Luxembourg Baccarat Bidco S.A.R.L. (Interblock) (Slovenia) | First Lien Revolver | PRIME | Floor rate 0.75% | Spread 5.25% | Total Coupon 13.50% | Maturity 6/3/2027
Schedule Of Investments [Line Items]
Fair Value, Ending Balance	[3],[4],[5],[17],[20],[25],[26]	199,829		199,829
Investment, Identifier [Axis]: Debt Investments | Hotels, Restaurants & Leisure | OCM Luxembourg Baccarat Bidco S.A.R.L. (Interblock) (Slovenia) | First Lien Revolver | SOFR(Q) | Floor rate 0.75% | Spread 6.25% | Total Coupon 10.68% | Maturity 6/3/2027
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[1],[2],[16],[19],[22],[23]			(10,915)
Fair Value, Ending Balance	[1],[2],[16],[19],[22],[23]							(10,915)
Investment, Identifier [Axis]: Debt Investments | Hotels, Restaurants & Leisure | OCM Luxembourg Baccarat Bidco S.A.R.L. (Interblock) (Slovenia) | First Lien Term Loan | SOFR(Q) | Floor rate 0.75% | Spread 6.25% | Total Coupon 10.68% | Maturity 6/3/2027
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[1],[2],[16],[22],[23]			5,098,385
Fair Value, Ending Balance	[1],[2],[16],[22],[23]							5,098,385
Investment, Identifier [Axis]: Debt Investments | Hotels, Restaurants & Leisure | OCM Luxembourg Baccarat Bidco S.A.R.L. (Interblock) (Slovenia) | First Lien Term Loan | SOFR(Q) | Floor rate 0.75% | Spread 6.25% | Total Coupon 11.48% | Maturity 6/3/2027
Schedule Of Investments [Line Items]
Fair Value, Ending Balance	[3],[4],[5],[17],[25],[26]	5,083,245		5,083,245
Investment, Identifier [Axis]: Debt Investments | Hotels, Restaurants & Leisure | Showtime Acquisition, L.L.C (World Choice) | First Lien Term Loan | SOFR(Q) | Floor rate 1.00% | Spread 7.50% | Total Coupon 12.67% | Maturity 8/7/2028
Schedule Of Investments [Line Items]
Fair Value, Ending Balance	[3],[4],[17]	5,938,909		5,938,909
Investment, Identifier [Axis]: Debt Investments | Hotels, Restaurants & Leisure | Showtime Acquisition, L.L.C. (World Choice) | First Lien Delayed Draw Term Loan | SOFR(Q) | Floor rate 1.00% | Spread 7.50% | Total Coupon 12.67% | Maturity 8/7/2028
Schedule Of Investments [Line Items]
Fair Value, Ending Balance	[3],[4],[17],[20]	(9,740)		(9,740)
Investment, Identifier [Axis]: Debt Investments | Hotels, Restaurants & Leisure | Showtime Acquisition, L.L.C. (World Choice) | First Lien Revolver | SOFR(Q) | Floor rate 1.00% | Spread 7.50% | Total Coupon 12.67% | Maturity 8/7/2028
Schedule Of Investments [Line Items]
Fair Value, Ending Balance	[3],[4],[17],[20]	(12,175)		(12,175)
Investment, Identifier [Axis]: Debt Investments | IT Services
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[1],[2],[16],[18]			13,999,657
Fair Value, Ending Balance		20,092,477	[3],[4],[5],[17]	20,092,477	[3],[4],[5],[17]			13,999,657	[1],[2],[16],[18]
Investment, Identifier [Axis]: Debt Investments | IT Services | Avalara, Inc. | First Lien Revolver | SOFR(Q) | Floor Rate 0.75% | Spread 7.25% | Total Coupon 11.83% | Maturity 10/19/2028
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[1],[2],[16],[18],[19]			(6,750)
Fair Value, Ending Balance	[1],[2],[16],[18],[19]							(6,750)
Investment, Identifier [Axis]: Debt Investments | IT Services | Avalara, Inc. | First Lien Revolver | SOFR(Q) | Floor Rate 0.75% | Spread 7.25% | Total Coupon 12.49% | Maturity 10/19/2028
Schedule Of Investments [Line Items]
Fair Value, Ending Balance	[3],[4],[5],[17]	(1,125)		(1,125)
Investment, Identifier [Axis]: Debt Investments | IT Services | Avalara, Inc. | First Lien Term Loan | SOFR(Q) | Floor Rate 0.75% | Spread 7.25% | Total Coupon 11.83% | Maturity 10/19/2028
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[1],[2],[16],[18]			2,182,500
Fair Value, Ending Balance	[1],[2],[16],[18]							2,182,500
Investment, Identifier [Axis]: Debt Investments | IT Services | Avalara, Inc. | First Lien Term Loan | SOFR(Q) | Floor Rate 0.75% | Spread 7.25% | Total Coupon 12.49% | Maturity 10/19/2028
Schedule Of Investments [Line Items]
Fair Value, Ending Balance	[3],[4],[5],[17]	2,238,750		2,238,750
Investment, Identifier [Axis]: Debt Investments | IT Services | Ensono, Inc. | Second Lien Term Loan B | LIBOR(S) | Spread 8.00% | Total Coupon 13.15% | Maturity 5/28/2029
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[1],[2],[16],[18]			4,625,000
Fair Value, Ending Balance	[1],[2],[16],[18]							4,625,000
Investment, Identifier [Axis]: Debt Investments | IT Services | Ensono, Inc. | Second Lien Term Loan B | SOFR(M) | Spread 8.00% | Total Coupon 13.22% | Maturity 5/28/2029
Schedule Of Investments [Line Items]
Fair Value, Ending Balance	[3],[4],[5],[17]	4,535,000		4,535,000
Investment, Identifier [Axis]: Debt Investments | IT Services | Idera, Inc. | Second Lien Term Loan | LIBOR(Q) | Floor Rate 0.75% | Spread 6.75% | Total Coupon 10.50% | Maturity 2/4/2029
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[1],[2],[16],[18]			2,351,183
Fair Value, Ending Balance	[1],[2],[16],[18]							2,351,183
Investment, Identifier [Axis]: Debt Investments | IT Services | Idera, Inc. | Second Lien Term Loan | SOFR(M) | Floor Rate 0.75% | Spread 6.75% | Total Coupon 12.01% | Maturity 2/4/2029
Schedule Of Investments [Line Items]
Fair Value, Ending Balance	[3],[4],[5],[17]	2,508,884		2,508,884
Investment, Identifier [Axis]: Debt Investments | IT Services | Madison Logic Holdings, Inc. | First Lien Revolver | SOFR(Q) | Floor Rate 1.00% | Spread 7.00% | Total Coupon 12.24% | Maturity 12/30/2027
Schedule Of Investments [Line Items]
Fair Value, Ending Balance	[3],[4],[5],[17]	(9,706)		(9,706)
Investment, Identifier [Axis]: Debt Investments | IT Services | Madison Logic Holdings, Inc. | First Lien Term Loan | SOFR(Q) | Floor Rate 1.00% | Spread 7.00% | Total Coupon 11.58% | Maturity 12/29/2028
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[1],[2],[16],[18]			4,858,508
Fair Value, Ending Balance	[1],[2],[16],[18]							4,858,508
Investment, Identifier [Axis]: Debt Investments | IT Services | Madison Logic Holdings, Inc. | First Lien Term Loan | SOFR(Q) | Floor Rate 1.00% | Spread 7.00% | Total Coupon 12.24% | Maturity 12/29/2028
Schedule Of Investments [Line Items]
Fair Value, Ending Balance	[3],[4],[5],[17]	4,861,350		4,861,350
Investment, Identifier [Axis]: Debt Investments | IT Services | Madison Logic Holdings, Inc. | First Lien Term Revolver | SOFR(Q) | Floor Rate 1.00% | Spread 7.00% | Total Coupon 11.58% | Maturity 12/30/2027
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[1],[2],[16],[18],[19]			(10,784)
Fair Value, Ending Balance	[1],[2],[16],[18],[19]							(10,784)
Investment, Identifier [Axis]: Debt Investments | IT Services | Serrano Parent, LLC (Sumo Logic) | First Lien Revolver | SOFR(Q) | Floor Rate 1.00% | Spread 6.50% | Total Coupon 11.60% | Maturity 5/13/2030
Schedule Of Investments [Line Items]
Fair Value, Ending Balance	[3],[4],[5],[17]	(10,943)		(10,943)
Investment, Identifier [Axis]: Debt Investments | IT Services | Serrano Parent, LLC (Sumo Logic) | First Lien Term Loan | SOFR(Q) | Floor Rate 1.00% | Spread 6.50% | Total Coupon 11.60% | Maturity 5/13/2030
Schedule Of Investments [Line Items]
Fair Value, Ending Balance	[3],[4],[5],[17]	5,970,267		5,970,267
Investment, Identifier [Axis]: Debt Investments | Insurance
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[1],[2],[16]			14,213,824
Fair Value, Ending Balance		14,639,839	[3],[4],[5]	14,639,839	[3],[4],[5]			14,213,824	[1],[2],[16]
Investment, Identifier [Axis]: Debt Investments | Insurance | AmeriLife Holdings, LLC | First Lien Delayed Draw Term Loan | SOFR(S) | Floor rate 0.75% | Spread 5.75% | Total Coupon 10.15% | Maturity 8/31/2029
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[1],[2],[16],[19]			644,711
Fair Value, Ending Balance	[1],[2],[16],[19]							644,711
Investment, Identifier [Axis]: Debt Investments | Insurance | AmeriLife Holdings, LLC | First Lien Delayed Draw Term Loan | SOFR(S) | Floor rate 0.75% | Spread 5.75% | Total Coupon 10.62% | Maturity 8/31/2029
Schedule Of Investments [Line Items]
Fair Value, Ending Balance	[3],[4],[5],[17],[20]	651,687		651,687
Investment, Identifier [Axis]: Debt Investments | Insurance | AmeriLife Holdings, LLC | First Lien Revolver | SOFR(Q) | Floor rate 0.75% | Spread 5.75% | Total Coupon 9.58% | Maturity 8/31/2028
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[1],[2],[16],[19]			(21,124)
Fair Value, Ending Balance	[1],[2],[16],[19]							(21,124)
Investment, Identifier [Axis]: Debt Investments | Insurance | AmeriLife Holdings, LLC | First Lien Revolver | SOFR(S) | Floor rate 0.75% | Spread 5.75% | Total Coupon 10.99% | Maturity 8/31/2028
Schedule Of Investments [Line Items]
Fair Value, Ending Balance	[3],[4],[5],[17],[20]	69,898		69,898
Investment, Identifier [Axis]: Debt Investments | Insurance | AmeriLife Holdings, LLC | First Lien Term Loan | SOFR(Q) | Floor rate 0.75% | Spread 5.75% | Total Coupon 9.58% | Maturity 8/31/2029
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[1],[2],[16]			3,952,760
Fair Value, Ending Balance	[1],[2],[16]							3,952,760
Investment, Identifier [Axis]: Debt Investments | Insurance | AmeriLife Holdings, LLC | First Lien Term Loan | SOFR(S) | Floor rate 0.75% | Spread 5.75% | Total Coupon 10.88% | Maturity 8/31/2029
Schedule Of Investments [Line Items]
Fair Value, Ending Balance	[3],[4],[5],[17]	3,974,007		3,974,007
Investment, Identifier [Axis]: Debt Investments | Insurance | IT Parent, LLC (Insurance Technologies) | First Lien Revolver | LIBOR(M)/Prime | Floor rate 1.00% | Spread 6.25% | Total Coupon 11.21% | Maturity 10/1/2026
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[1],[2],[16],[19],[39]			167,083
Fair Value, Ending Balance	[1],[2],[16],[19],[39]							167,083
Investment, Identifier [Axis]: Debt Investments | Insurance | IT Parent, LLC (Insurance Technologies) | First Lien Revolver | SOFR(M) | Floor rate 1.00% | Spread 6.25% | Total Coupon 11.46% | Maturity 10/1/2026
Schedule Of Investments [Line Items]
Fair Value, Ending Balance	[3],[4],[5],[17]	189,833		189,833
Investment, Identifier [Axis]: Debt Investments | Insurance | IT Parent, LLC (Insurance Technologies) | First Lien Term Loan | LIBOR(M) | Floor rate 1.00% | Spread 6.25% | Total Coupon 10.63% | Maturity 10/1/2026
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[1],[2],[16]			1,807,963
Fair Value, Ending Balance	[1],[2],[16]							1,807,963
Investment, Identifier [Axis]: Debt Investments | Insurance | IT Parent, LLC (Insurance Technologies) | First Lien Term Loan | SOFR(M) | Floor rate 1.00% | Spread 6.25% | Total Coupon 11.45% | Maturity 10/1/2026
Schedule Of Investments [Line Items]
Fair Value, Ending Balance	[3],[4],[5],[17]	1,781,425		1,781,425
Investment, Identifier [Axis]: Debt Investments | Insurance | Integrity Marketing Acquisition, LLC | First Lien Incremental Revolver | SOFR(M) | Floor rate 0.75% | Spread 6.50% | Total Coupon 10.82% | Maturity 8/27/2025
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[1],[2],[16],[19]			(41,342)
Fair Value, Ending Balance	[1],[2],[16],[19]							(41,342)
Investment, Identifier [Axis]: Debt Investments | Insurance | Integrity Marketing Acquisition, LLC | First Lien Incremental Revolver | SOFR(Q) | Floor rate 0.75% | Spread 6.50% | Total Coupon 11.76% | Maturity 8/27/2025
Schedule Of Investments [Line Items]
Fair Value, Ending Balance	[3],[4],[5],[17]	(20,671)		(20,671)
Investment, Identifier [Axis]: Debt Investments | Insurance | Integrity Marketing Acquisition, LLC | First Lien Incremental Term Loan | SOFR(M) | Floor rate 0.75% | Spread 6.50% | Total Coupon 10.82% | Maturity 8/27/2025
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[1],[2],[16]			5,126,411
Fair Value, Ending Balance	[1],[2],[16]							5,126,411
Investment, Identifier [Axis]: Debt Investments | Insurance | Integrity Marketing Acquisition, LLC | First Lien Incremental Term Loan | SOFR(Q) | Floor rate 0.75% | Spread 6.50% | Total Coupon 11.76% | Maturity 8/27/2025
Schedule Of Investments [Line Items]
Fair Value, Ending Balance	[3],[4],[5],[17]	5,121,347		5,121,347
Investment, Identifier [Axis]: Debt Investments | Insurance | Peter C. Foy & Associates Insurance Services, LLC (PCF Insurance) | First Lien Delayed Draw Term Loan | SOFR(M) | Floor rate 0.75% | Spread 6.00% | Total Coupon 11.22% | Maturity 11/1/2028
Schedule Of Investments [Line Items]
Fair Value, Ending Balance	[3],[4],[5],[17]	2,052,205		2,052,205
Investment, Identifier [Axis]: Debt Investments | Insurance | Peter C. Foy & Associates Insurance Services, LLC (PCF Insurance) | First Lien Delayed Draw Term Loan | SOFR(S) | Floor rate 0.75% | Spread 6.00% | Total Coupon 11.11% | Maturity 11/1/2028
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[1],[2],[16],[19]			1,763,340
Fair Value, Ending Balance	[1],[2],[16],[19]							1,763,340
Investment, Identifier [Axis]: Debt Investments | Insurance | Peter C. Foy & Associates Insurance Services, LLC (PCF Insurance) | First Lien Term Loan | SOFR(M) | Floor rate 0.75% | Spread 6.00% | Total Coupon 11.22% | Maturity 11/1/2028
Schedule Of Investments [Line Items]
Fair Value, Ending Balance	[3],[4],[5],[17]	820,108		820,108
Investment, Identifier [Axis]: Debt Investments | Insurance | Peter C. Foy & Associates Insurance Services, LLC (PCF Insurance) | First Lien Term Loan | SOFR(S) | Floor rate 0.75% | Spread 6.00% | Total Coupon 11.12% | Maturity 11/1/2028
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[1],[2],[16]			814,022
Fair Value, Ending Balance	[1],[2],[16]							814,022
Investment, Identifier [Axis]: Debt Investments | Internet & Catalog Retail
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[1],[2],[16],[18]			5,670,715
Fair Value, Ending Balance		6,000,784	[3],[4],[5],[17]	6,000,784	[3],[4],[5],[17]			5,670,715	[1],[2],[16],[18]
Investment, Identifier [Axis]: Debt Investments | Internet & Catalog Retail | CommerceHub, Inc. | First Lien Term Loan | SOFR(Q) | Floor Rate 0.75% | Spread 6.25% | Total Coupon 11.47% | Maturity 12/29/2027
Schedule Of Investments [Line Items]
Fair Value, Ending Balance	[3],[4],[5],[17]	2,075,067		2,075,067
Investment, Identifier [Axis]: Debt Investments | Internet & Catalog Retail | Syndigo, LLC | Second Lien Term Loan | LIBOR(Q) | Floor Rate 0.75% | Spread 8.00% | Total Coupon 13.55% | Maturity 12/14/2028
Schedule Of Investments [Line Items]
Fair Value, Ending Balance	[3],[4],[5],[17]	3,925,717		3,925,717
Investment, Identifier [Axis]: Debt Investments | Internet & Catalog Retail | Syndigo, LLC | Second Lien Term Loan | LIBOR(S) | Floor Rate 0.75% | Spread 8.00% | Total Coupon 13.21% | Maturity 12/14/2028
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[1],[2],[16],[18]			3,598,574
Fair Value, Ending Balance	[1],[2],[16],[18]							3,598,574
Investment, Identifier [Axis]: Debt Investments | Internet Software & Services
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[1],[2],[16],[18]			63,165,311
Fair Value, Ending Balance		68,711,784	[3],[4],[5]	68,711,784	[3],[4],[5]			63,165,311	[1],[2],[16],[18]
Investment, Identifier [Axis]: Debt Investments | Internet Software & Services | Anaconda, Inc. | First Lien Term Loan | SOFR(Q) | Floor Rate 1.00% | Spread 7.50% | Total Coupon 11.86% | Maturity 8/22/2027
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[1],[2],[16],[18]			1,911,811
Fair Value, Ending Balance	[1],[2],[16],[18]							1,911,811
Investment, Identifier [Axis]: Debt Investments | Internet Software & Services | Anaconda, Inc. | First Lien Term Loan | SOFR(Q) | Floor Rate 1.00% | Spread 7.50% | Total Coupon 12.73% | Maturity 8/22/2027
Schedule Of Investments [Line Items]
Fair Value, Ending Balance	[3],[4],[5],[17]	1,902,116		1,902,116
Investment, Identifier [Axis]: Debt Investments | Internet Software & Services | Astra Acquisition Corp. (Anthology) | Second Lien Term Loan | LIBOR(M) | Floor Rate 0.75% | Spread 8.88% | Total Coupon 13.26% | Maturity 10/25/2029
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[1],[2],[16],[18]			6,376,709
Fair Value, Ending Balance	[1],[2],[16],[18]							6,376,709
Investment, Identifier [Axis]: Debt Investments | Internet Software & Services | Astra Acquisition Corp. (Anthology) | Second Lien Term Loan | SOFR(M) | Floor Rate 0.75% | Spread 8.88% | Total Coupon 14.09% | Maturity 10/25/2029
Schedule Of Investments [Line Items]
Fair Value, Ending Balance	[3],[4],[5],[17]	3,851,103		3,851,103
Investment, Identifier [Axis]: Debt Investments | Internet Software & Services | Bynder Bidco B.V. (Netherlands) | First Lien Revolver A | SOFR(S) | Floor Rate 1.00% | Spread 7.25% | Total Coupon 12.05% | Maturity 1/26/2029
Schedule Of Investments [Line Items]
Fair Value, Ending Balance	[3],[4],[5],[17]	(2,912)		(2,912)
Investment, Identifier [Axis]: Debt Investments | Internet Software & Services | Bynder Bidco B.V. (Netherlands) | First Lien Revolver B | SOFR(S) | Floor Rate 1.00% | Spread 7.25% | Total Coupon 12.05% | Maturity 1/26/2029
Schedule Of Investments [Line Items]
Fair Value, Ending Balance	[3],[4],[5],[17]	(10,568)		(10,568)
Investment, Identifier [Axis]: Debt Investments | Internet Software & Services | Bynder Bidco B.V. (Netherlands) | First Lien Term Loan B | SOFR(S) | Floor Rate 1.00% | Spread 7.25% | Total Coupon 12.05% | Maturity 1/26/2029
Schedule Of Investments [Line Items]
Fair Value, Ending Balance	[3],[4],[5],[17]	4,523,308		4,523,308
Investment, Identifier [Axis]: Debt Investments | Internet Software & Services | Bynder Bidco, Inc. (Netherlands) | First Lien Term Loan A | SOFR(S) | Floor Rate 1.00% | Spread 7.25% | Total Coupon 12.05% | Maturity 1/26/2029
Schedule Of Investments [Line Items]
Fair Value, Ending Balance	[3],[4],[5],[17]	1,247,809		1,247,809
Investment, Identifier [Axis]: Debt Investments | Internet Software & Services | CommerceHub, Inc. | First Lien Term Loan | Quarterly LIBOR | Floor Rate 1.00% | Spread 6.00% | Total Coupon 10.41% | Maturity 11/7/2026
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[1],[2],[16],[18]			2,072,141
Fair Value, Ending Balance	[1],[2],[16],[18]							2,072,141
Investment, Identifier [Axis]: Debt Investments | Internet Software & Services | Gympass US, LLC | First Lien Term Loan | SOFR(M) | Floor Rate 1.00% | Spread 4.00% cash+ 4.00% PIK | Total Coupon 13.26% | Maturity 7/8/2027
Schedule Of Investments [Line Items]
Fair Value, Ending Balance	[3],[4],[5],[17]	1,942,490		1,942,490
Investment, Identifier [Axis]: Debt Investments | Internet Software & Services | Gympass US, LLC | First Lien Term Loan | SOFR(Q) | Floor Rate 1.00% | Spread 4.00% cash+ 4.00% PIK | Total Coupon 12.77% | Maturity 7/8/2027
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[1],[2],[16],[18],[27]			1,890,061
Fair Value, Ending Balance	[1],[2],[16],[18],[27]							1,890,061
Investment, Identifier [Axis]: Debt Investments | Internet Software & Services | InMoment, Inc. | First Lien Term Loan | SOFR(S) | Floor Rate 0.75% | Spread 5.00% cash+ 2.50% PIK | Total Coupon 11.58% | Maturity 6/8/2028
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[1],[2],[16],[18],[27]			11,195,739
Fair Value, Ending Balance	[1],[2],[16],[18],[27]							11,195,739
Investment, Identifier [Axis]: Debt Investments | Internet Software & Services | InMoment, Inc. | First Lien Term Loan | SOFR(S) | Floor Rate 0.75% | Spread 5.00% cash+ 2.50% PIK | Total Coupon 12.34% | Maturity 6/8/2028
Schedule Of Investments [Line Items]
Fair Value, Ending Balance	[3],[4],[5],[17]	11,327,243		11,327,243
Investment, Identifier [Axis]: Debt Investments | Internet Software & Services | Magenta Buyer, LLC (McAfee) | First Lien Incremental Term Loan | Fixed | Spread 12.00% | Total Coupon 12.00% | Maturity 7/27/2028
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[1],[2],[16],[18],[29]			620,404
Fair Value, Ending Balance		1,055,949	[3],[4],[5],[17]	1,055,949	[3],[4],[5],[17]			620,404	[1],[2],[16],[18],[29]
Investment, Identifier [Axis]: Debt Investments | Internet Software & Services | Magenta Buyer, LLC (McAfee) | Second Lien Term Loan | LIBOR(Q) | Floor Rate 0.75% | Spread 8.25% | Total Coupon 12.67% | Maturity 7/27/2029
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[1],[2],[16],[18],[29]			5,483,310
Fair Value, Ending Balance	[1],[2],[16],[18],[29]							5,483,310
Investment, Identifier [Axis]: Debt Investments | Internet Software & Services | Magenta Buyer, LLC (McAfee) | Second Lien Term Loan | LIBOR(Q) | Floor Rate 0.75% | Spread 8.25% | Total Coupon 13.53% | Maturity 7/27/2029
Schedule Of Investments [Line Items]
Fair Value, Ending Balance	[3],[4],[5],[17]	4,515,000		4,515,000
Investment, Identifier [Axis]: Debt Investments | Internet Software & Services | Oranje Holdco, Inc. (KnowBe4) | First Lien Revolver | SOFR(Q) | Floor Rate 1.00% | Spread 7.75% | Total Coupon 12.79% | Maturity 2/1/2029
Schedule Of Investments [Line Items]
Fair Value, Ending Balance	[3],[4],[5],[17]	(7,507)		(7,507)
Investment, Identifier [Axis]: Debt Investments | Internet Software & Services | Oranje Holdco, Inc. (KnowBe4) | First Lien Term Loan | SOFR(Q) | Floor Rate 1.00% | Spread 7.75% | Total Coupon 12.79% | Maturity 2/1/2029
Schedule Of Investments [Line Items]
Fair Value, Ending Balance	[3],[4],[5],[17]	3,276,351		3,276,351
Investment, Identifier [Axis]: Debt Investments | Internet Software & Services | Persado, Inc. | First Lien Delayed Draw Term Loan (6.575% Exit Fee) | SOFR(M) | Floor Rate 1.80% | Spread 7.00% | Total Coupon 11.12% | Maturity 6/10/2027
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[1],[2],[16],[18],[19]			1,111,570
Fair Value, Ending Balance	[1],[2],[16],[18],[19]							1,111,570
Investment, Identifier [Axis]: Debt Investments | Internet Software & Services | Persado, Inc. | First Lien Delayed Draw Term Loan (6.575% Exit Fee) | SOFR(M) | Floor Rate 1.80% | Spread 7.50% | Total Coupon 12.66% | Maturity 6/10/2027
Schedule Of Investments [Line Items]
Fair Value, Ending Balance	[3],[4],[5],[17]	1,216,563		1,216,563
Investment, Identifier [Axis]: Debt Investments | Internet Software & Services | Persado, Inc. | First Lien Term Loan (6.575% Exit Fee) | SOFR(M) | Floor Rate 1.80% | Spread 7.00% | Total Coupon 11.12% | Maturity 6/10/2027
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[1],[2],[16],[18]			5,518,783
Fair Value, Ending Balance	[1],[2],[16],[18]							5,518,783
Investment, Identifier [Axis]: Debt Investments | Internet Software & Services | Persado, Inc. | First Lien Term Loan (6.575% Exit Fee) | SOFR(M) | Floor Rate 1.80% | Spread 7.50% | Total Coupon 12.66% | Maturity 6/10/2027
Schedule Of Investments [Line Items]
Fair Value, Ending Balance	[3],[4],[5],[17]	4,539,804		4,539,804
Investment, Identifier [Axis]: Debt Investments | Internet Software & Services | Pluralsight, Inc. | First Lien Revolver | LIBOR(M) | Floor Rate 1.00% | Spread 8.00% | Total Coupon 12.36% | Maturity 4/6/2027
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[1],[2],[16],[18],[19]			428,899
Fair Value, Ending Balance	[1],[2],[16],[18],[19]							428,899
Investment, Identifier [Axis]: Debt Investments | Internet Software & Services | Pluralsight, Inc. | First Lien Revolver | SOFR(Q) | Floor Rate 1.00% | Spread 8.00% | Total Coupon 13.04% | Maturity 4/6/2027
Schedule Of Investments [Line Items]
Fair Value, Ending Balance	[3],[4],[5],[17]	422,386		422,386
Investment, Identifier [Axis]: Debt Investments | Internet Software & Services | Pluralsight, Inc. | First Lien Term Loan | LIBOR(Q) | Floor Rate 1.00% | Spread 8.00% | Total Coupon 11.83% | Maturity 4/6/2027
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[1],[2],[16],[18],[19]			11,598,919
Fair Value, Ending Balance	[1],[2],[16],[18],[19]							11,598,919
Investment, Identifier [Axis]: Debt Investments | Internet Software & Services | Pluralsight, Inc. | First Lien Term Loan | SOFR(Q) | Floor Rate 1.00% | Spread 8.00% | Total Coupon 13.04% | Maturity 4/6/2027
Schedule Of Investments [Line Items]
Fair Value, Ending Balance	[3],[4],[5],[17]	11,514,431		11,514,431
Investment, Identifier [Axis]: Debt Investments | Internet Software & Services | Quartz Holding Company (Quick Base) | Second Lien Term Loan | LIBOR(M) | Floor | Spread 8.00% | Total Coupon 12.38% | Maturity 4/2/2027
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[1],[2],[16],[18]			5,358,595
Fair Value, Ending Balance	[1],[2],[16],[18]							5,358,595
Investment, Identifier [Axis]: Debt Investments | Internet Software & Services | Quartz Holding Company (Quick Base) | Second Lien Term Loan | SOFR(M) | Spread 8.00% | Total Coupon 13.20% | Maturity 4/2/2027
Schedule Of Investments [Line Items]
Fair Value, Ending Balance	[3],[4],[5],[17]	5,485,393		5,485,393
Investment, Identifier [Axis]: Debt Investments | Internet Software & Services | Reveal Data Corporation et al | First Lien FILO Term Loan | SOFR(S) | Floor Rate 1.00% | Spread 6.50% | Total Coupon 10.22% | Maturity 3/9/2028
Schedule Of Investments [Line Items]
Fair Value, Ending Balance	[3],[4],[5],[17]	2,743,905		2,743,905
Investment, Identifier [Axis]: Debt Investments | Internet Software & Services | Reveal Data Corporation et al | First Lien FILO Term Loan | SOFR(S) | Floor Rate 1.00% | Spread 6.50% | Total Coupon 9.92% | Maturity 3/9/2028
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[1],[2],[16]			2,721,951
Fair Value, Ending Balance	[1],[2],[16]							2,721,951
Investment, Identifier [Axis]: Debt Investments | Internet Software & Services | Sailpoint Technologies Holdings, Inc. | First Lien Revolver | SOFR(M) | Floor Rate 0.75% | Spread 6.25% | Total Coupon 10.58% | Maturity 8/16/2028
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[1],[2],[16],[18],[19]			(9,712)
Fair Value, Ending Balance	[1],[2],[16],[18],[19]							(9,712)
Investment, Identifier [Axis]: Debt Investments | Internet Software & Services | Sailpoint Technologies Holdings, Inc. | First Lien Revolver | SOFR(M) | Floor Rate 0.75% | Spread 6.25% | TotalCoupon 11.35% | Maturity 8/16/2028
Schedule Of Investments [Line Items]
Fair Value, Ending Balance	[3],[4],[5],[17]	(2,470)		(2,470)
Investment, Identifier [Axis]: Debt Investments | Internet Software & Services | Sailpoint Technologies Holdings, Inc. | First Lien Term Loan | SOFR(M) | Floor Rate 0.75% | Spread 6.25% | Total Coupon 10.58% | Maturity 8/16/2029
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[1],[2],[16],[18]			3,987,129
Fair Value, Ending Balance	[1],[2],[16],[18]							3,987,129
Investment, Identifier [Axis]: Debt Investments | Internet Software & Services | Sailpoint Technologies Holdings, Inc. | First Lien Term Loan | SOFR(M) | Floor Rate 0.75% | Spread 6.25% | Total Coupon 11.35% | Maturity 8/16/2029
Schedule Of Investments [Line Items]
Fair Value, Ending Balance	[3],[4],[5],[17]	4,085,810		4,085,810
Investment, Identifier [Axis]: Debt Investments | Internet Software & Services | Spartan Bidco Pty Ltd (StarRez) (Australia) | First Lien Term Loan | SOFR(Q) | Floor Rate 0.75% | Spread 0.75% cash + 6.25% PIK | Total Coupon 12.22% | Maturity 1/24/2028
Schedule Of Investments [Line Items]
Fair Value, Ending Balance	[3],[4],[5],[17]	3,895,648		3,895,648
Investment, Identifier [Axis]: Debt Investments | Internet Software & Services | Spartan Bidco Pty Ltd (StarRez) (Australia) | First Lien Term Loan | SOFR(Q) | Floor Rate 0.75% | Spread 0.75% cash + 6.50% PIK | Total Coupon 11.46% | Maturity 1/24/2028
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[1],[2],[16],[18],[23],[27],[37]			3,736,760
Fair Value, Ending Balance	[1],[2],[16],[18],[23],[27],[37]							3,736,760
Investment, Identifier [Axis]: Debt Investments | Internet Software & Services | Suited Connector, LLC | First Lien Delayed Draw Term Loan | LIBOR(S) | Floor Rate 1.00% | Spread 6.00% | Total Coupon 10.92% | Maturity 12/1/2027
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[1],[2],[16],[18],[19]			(67,500)
Fair Value, Ending Balance	[1],[2],[16],[18],[19]							(67,500)
Investment, Identifier [Axis]: Debt Investments | Internet Software & Services | Suited Connector, LLC | First Lien Revolver | LIBOR(S) | Floor Rate 1.00% | Spread 6.00% | Total Coupon 10.98% | Maturity 12/1/2027
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[1],[2],[16],[18]			182,273
Fair Value, Ending Balance	[1],[2],[16],[18]							182,273
Investment, Identifier [Axis]: Debt Investments | Internet Software & Services | Suited Connector, LLC | First Lien Revolver | SOFR(S) | Floor Rate 1.00% | Spread 6.00% Cash + 2.00% PIK | Total Coupon 13.36% | Maturity 12/1/2027
Schedule Of Investments [Line Items]
Fair Value, Ending Balance	[3],[4],[5],[17]	168,449		168,449
Investment, Identifier [Axis]: Debt Investments | Internet Software & Services | Suited Connector, LLC | First Lien Term Loan | LIBOR(S) | Floor Rate 1.00% | Spread 6.00% | Total Coupon 10.92% | Maturity 12/1/2027
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[1],[2],[16],[18]			1,119,610
Fair Value, Ending Balance	[1],[2],[16],[18]							1,119,610
Investment, Identifier [Axis]: Debt Investments | Internet Software & Services | Suited Connector, LLC | First Lien Term Loan | SOFR(S) | Floor Rate 1.00% | Spread 6.00% cash + 2.00% PIK | Total Coupon 13.31% | Maturity 12/1/2027
Schedule Of Investments [Line Items]
Fair Value, Ending Balance	[3],[4],[5],[17],[24]	1,021,483		1,021,483
Investment, Identifier [Axis]: Debt Investments | Leisure Products | Peloton Interactive, Inc. | First Lien Term Loan | SOFR(S) | Floor Rate 0.50% | Spread 7.00% | Total Coupon 11.76% | Maturity 5/25/2027
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[1],[2],[18],[22],[29]			2,581,119
Fair Value, Ending Balance	[1],[2],[18],[22],[29]							2,581,119
Investment, Identifier [Axis]: Debt Investments | Leisure Products | Peloton Interactive, Inc. | First Lien Term Loan | SOFR(S) | Floor Rate 0.50% | Spread 7.00% | Total Coupon 12.26% | Maturity 5/25/2027
Schedule Of Investments [Line Items]
Fair Value, Ending Balance	[3],[4],[5],[17]	2,605,251		2,605,251
Investment, Identifier [Axis]: Debt Investments | Life Sciences Tools & Services
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[16]			2,108,529
Fair Value, Ending Balance		2,164,614	[3],[4],[5],[17]	2,164,614	[3],[4],[5],[17]			2,108,529	[16]
Investment, Identifier [Axis]: Debt Investments | Life Sciences Tools & Services | Alcami Corporation | First Lien Delayed Draw Term Loan | SOFR(M) | Floor Rate 1.00% | Spread 7.00% | Total Coupon 11.42% | Maturity 12/21/2028
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[16],[19]			(6,423)
Fair Value, Ending Balance	[16],[19]							(6,423)
Investment, Identifier [Axis]: Debt Investments | Life Sciences Tools & Services | Alcami Corporation | First Lien Revolver | SOFR(M) | Floor Rate 1.00% | Spread 7.00% | Total Coupon 11.42% | Maturity 12/21/2028
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[16],[19]			(10,277)
Fair Value, Ending Balance	[16],[19]							(10,277)
Investment, Identifier [Axis]: Debt Investments | Life Sciences Tools & Services | Alcami Corporation | First Lien Revolver | SOFR(M) | Floor Rate 1.00% | Spread 7.00% | Total Coupon 12.20% | Maturity 12/21/2028
Schedule Of Investments [Line Items]
Fair Value, Ending Balance	[3],[4],[5],[17]	(2,936)		(2,936)
Investment, Identifier [Axis]: Debt Investments | Life Sciences Tools & Services | Alcami Corporation | First Lien Term Loan | SOFR(M) | Floor Rate 1.00% | Spread 7.00% | Total Coupon 11.42% | Maturity 12/21/2028
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[2],[16]			2,125,229
Fair Value, Ending Balance	[2],[16]							2,125,229
Investment, Identifier [Axis]: Debt Investments | Life Sciences Tools & Services | Alcami Corporation | First Lien Term Loan | SOFR(M) | Floor Rate 1.00% | Spread 7.00% | Total Coupon 12.20% | Maturity12/21/2028
Schedule Of Investments [Line Items]
Fair Value, Ending Balance	[3],[4],[5],[17]	2,169,385		2,169,385
Investment, Identifier [Axis]: Debt Investments | Life Sciences Tools & Services| Alcami Corporation | First Lien Delayed Draw Term Loan | SOFR(M) | Floor Rate 1.00% | Spread 7.00% | Total Coupon 12.20%| Maturity 12/21/2028
Schedule Of Investments [Line Items]
Fair Value, Ending Balance	[3],[4],[5],[17]	(1,835)		(1,835)
Investment, Identifier [Axis]: Debt Investments | Machinery
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[1],[2],[16]			5,338,545
Fair Value, Ending Balance		6,072,276	[3],[4],[5],[17]	6,072,276	[3],[4],[5],[17]			5,338,545	[1],[2],[16]
Investment, Identifier [Axis]: Debt Investments | Machinery Sonnys Enterprises, LLC | First Lien Delayed Draw Term Loan | SOFR(Q) | Floor Rate 1.00% | Spread 6.75% | Total Coupon 10.99% | Maturity 8/5/2026
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[1],[2],[16]			3,894,050
Fair Value, Ending Balance	[1],[2],[16]							3,894,050
Investment, Identifier [Axis]: Debt Investments | Machinery Sonnys Enterprises, LLC | First Lien Term Loan | SOFR(Q) | Floor Rate 1.00% | Spread 6.75% | Total Coupon 10.99% | Maturity 8/5/2026
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[1],[2],[16]			1,444,495
Fair Value, Ending Balance	[1],[2],[16]							1,444,495
Investment, Identifier [Axis]: Debt Investments | Machinery | Sonnys Enterprises, LLC | First Lien Delayed Draw Term Loan | SOFR(Q) | Floor Rate 1.00% | Spread 6.75% | Total Coupon 11.96% | Maturity 8/5/2028
Schedule Of Investments [Line Items]
Fair Value, Ending Balance	[3],[4],[5],[17]	(3,886)		(3,886)
Investment, Identifier [Axis]: Debt Investments | Machinery | Sonnys Enterprises, LLC | First Lien Revolver | SOFR(Q) | Floor Rate 1.00% | Spread 6.75% | Total Coupon 11.96% | Maturity 8/5/2027
Schedule Of Investments [Line Items]
Fair Value, Ending Balance	[3],[4],[5],[17]	(3,368)		(3,368)
Investment, Identifier [Axis]: Debt Investments | Machinery | Sonnys Enterprises, LLC | First Lien Term Loan | SOFR(Q) | Floor Rate 1.00% | Spread 6.75% | Total Coupon 11.96% | Maturity 8/5/2028
Schedule Of Investments [Line Items]
Fair Value, Ending Balance	[3],[4],[5],[17]	6,079,530		6,079,530
Investment, Identifier [Axis]: Debt Investments | Media
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[1],[2],[16]			5,969,099
Fair Value, Ending Balance		6,515,746	[3],[4],[5],[17]	6,515,746	[3],[4],[5],[17]			5,969,099	[1],[2],[16]
Investment, Identifier [Axis]: Debt Investments | Media | NEP Group, Inc. et al | First Lien Term Loan | SOFR(M) | Spread 3.75% | Total Coupon 8.47% | Maturity 10/20/2025
Schedule Of Investments [Line Items]
Fair Value, Ending Balance	[4],[5],[17]	589,949		589,949
Investment, Identifier [Axis]: Debt Investments | Media | NEP Group, Inc. et al | Second Lien Term Loan | SOFR(M) | Spread 7.00% | Total Coupon 12.22% | Maturity 10/19/2026
Schedule Of Investments [Line Items]
Fair Value, Ending Balance	[3],[4],[5],[17]	2,248,353		2,248,353
Investment, Identifier [Axis]: Debt Investments | Media | NEP II, Inc. | Second Lien Term Loan | LIBOR(M) | Spread 7.00% | Total Coupon 11.38% | Maturity 10/19/2026
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[1],[2],[16],[29]			2,274,441
Fair Value, Ending Balance	[1],[2],[16],[29]							2,274,441
Investment, Identifier [Axis]: Debt Investments | Media | Streamland Media Midco LLC | First Lien Delayed Draw Term Loan | SOFR(Q) | Floor Rate 1.00% | Spread 6.75% | Total Coupon 11.11% | Maturity 8/31/2023
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[1],[2],[16],[19]			(5,520)
Fair Value, Ending Balance	[1],[2],[16],[19]							(5,520)
Investment, Identifier [Axis]: Debt Investments | Media | Streamland Media Midco LLC | First Lien Term Loan | SOFR(Q) | Floor Rate 1.00% | Spread 6.75% | Total Coupon 11.11% | Maturity 8/31/2023
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[1],[2],[16]			361,614
Fair Value, Ending Balance	[1],[2],[16]							361,614
Investment, Identifier [Axis]: Debt Investments | Media | Streamland Media Midco LLC | First Lien Term Loan | SOFR(Q) | Floor Rate 1.00% | Spread 6.75% | Total Coupon 12.06% | Maturity 8/31/2023
Schedule Of Investments [Line Items]
Fair Value, Ending Balance	[3],[4],[5],[17]	362,064		362,064
Investment, Identifier [Axis]: Debt Investments | Media | Terraboost Media Operating Company, LLC | First Lien Term Loan | SOFR(Q) | Floor Rate 1.00% | Spread 6.50% | Total Coupon 11.89 % | Maturity 8/23/2026
Schedule Of Investments [Line Items]
Fair Value, Ending Balance	[3],[4],[5],[17]	3,315,380		3,315,380
Investment, Identifier [Axis]: Debt Investments | Media | Terraboost Media Operating Company, LLC | First Lien Term Loan | SOFR(Q) | Floor Rate 1.00% | Spread 6.50% | Total Coupon 8.14 % | Maturity 8/23/2026
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[1],[2],[16]			3,338,564
Fair Value, Ending Balance	[1],[2],[16]							3,338,564
Investment, Identifier [Axis]: Debt Investments | Metals & Mining | Kemmerer Operations, LLC (WMLP) | First Lien Term Loan | Fixed | Floor Rate 0.00% | Spread 15.00% PIK | Total Coupon 15.00 % | Maturity 6/21/2023
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[1],[2],[16],[19],[27],[37]			1,956,190
Fair Value, Ending Balance	[1],[2],[16],[19],[27],[37]							1,956,190
Investment, Identifier [Axis]: Debt Investments | Paper & Forest Products
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[1],[2],[16]			9,547,415
Fair Value, Ending Balance		13,251,641	[3],[4],[5],[17]	13,251,641	[3],[4],[5],[17]			9,547,415	[1],[2],[16]
Investment, Identifier [Axis]: Debt Investments | Paper & Forest Products | Alpine Acquisition Corp II (48Forty) | First Lien Revolver | SOFR(M) | Floor Rate 1.00% | Spread 5.75% | Total Coupon 11.01% | Maturity 11/30/2026
Schedule Of Investments [Line Items]
Fair Value, Ending Balance	[3],[4],[5],[17]	114,844		114,844
Investment, Identifier [Axis]: Debt Investments | Paper & Forest Products | Alpine Acquisition Corp II (48Forty) | First Lien Revolver | SOFR(Q) | Floor Rate 1.00% | Spread 5.50% | Total Coupon 9.76 % | Maturity 11/30/2026
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[1],[2],[16],[19]			(32,229)
Fair Value, Ending Balance	[1],[2],[16],[19]							(32,229)
Investment, Identifier [Axis]: Debt Investments | Paper & Forest Products | Alpine Acquisition Corp II (48Forty) | First Lien Term Loan | SOFR(M) | Floor Rate 1.00% | Spread 5.75% | Total Coupon 11.01% | Maturity 11/30/2026
Schedule Of Investments [Line Items]
Fair Value, Ending Balance	[3],[4],[5],[17]	9,726,761		9,726,761
Investment, Identifier [Axis]: Debt Investments | Paper & Forest Products | Alpine Acquisition Corp II (48Forty) | First Lien Term Loan | SOFR(Q) | Floor Rate 1.00% | Spread 5.50% | Total Coupon 9.76 % | Maturity 11/30/2026
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[1],[2],[16]			9,579,644
Fair Value, Ending Balance	[1],[2],[16]							9,579,644
Investment, Identifier [Axis]: Debt Investments | Paper & Forest Products | FSK Pallet Holding Corp. (Kamps) | First Lien Term Loan | SOFR(Q) | Floor Rate 1.25% | Spread 6.00% | Total Coupon 11.04% | Maturity 12/23/2026
Schedule Of Investments [Line Items]
Fair Value, Ending Balance	[3],[4],[5],[17]	3,410,036		3,410,036
Investment, Identifier [Axis]: Debt Investments | Professional Services
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[1],[2],[16]			40,804,744
Fair Value, Ending Balance		41,119,851	[3],[4],[5],[17]	41,119,851	[3],[4],[5],[17]			40,804,744	[1],[2],[16]
Investment, Identifier [Axis]: Debt Investments | Professional Services | DTI Holdco, Inc. (Epiq Systems, Inc.) | Second Lien Term Loan | SOFR(Q) | Floor Rate 0.75% | Spread 7.75% | Total Coupon 11.84% | Maturity 4/26/2030
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[1],[2],[16],[29]			4,586,000
Fair Value, Ending Balance	[1],[2],[16],[29]							4,586,000
Investment, Identifier [Axis]: Debt Investments | Professional Services | GI Consilio Parent, LLC | Second Lien Term Loan | LIBOR(M) | Floor Rate 0.50% | Spread 7.50% | Total Coupon 11.88% | Maturity 5/14/2029
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[1],[2],[16]			4,795,000
Fair Value, Ending Balance	[1],[2],[16]							4,795,000
Investment, Identifier [Axis]: Debt Investments | Professional Services | GI Consilio Parent, LLC | Second Lien Term Loan | LIBOR(M) | Floor Rate 0.50% | Spread 7.50% | Total Coupon 12.69% | Maturity 5/14/2029
Schedule Of Investments [Line Items]
Fair Value, Ending Balance	[3],[4],[5],[17]	4,885,000		4,885,000
Investment, Identifier [Axis]: Debt Investments | Professional Services | ICIMS, Inc. | First Lien Delayed Draw Term Loan | SOFR(Q) | Floor Rate 0.75% | Spread 3.38% Cash + 3.88% PIK | Total Coupon 11.52% | Maturity 8/18/2028
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[1],[2],[16],[19],[27]			(111,339)
Fair Value, Ending Balance	[1],[2],[16],[19],[27]							(111,339)
Investment, Identifier [Axis]: Debt Investments | Professional Services | ICIMS, Inc. | First Lien Delayed Draw Term Loan | SOFR(Q) | Floor Rate 0.75% | Spread 3.38% Cash + 3.88% PIK | Total Coupon 12.38% | Maturity 8/18/2028
Schedule Of Investments [Line Items]
Fair Value, Ending Balance	[3],[4],[5],[17],[20],[24]	200,772		200,772
Investment, Identifier [Axis]: Debt Investments | Professional Services | ICIMS, Inc. | First Lien Revolver | SOFR(Q) | Floor Rate 0.75% | Spread 6.75% | Total Coupon 11.02% | Maturity 8/18/2028
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[1],[2],[16]			(39,921)
Fair Value, Ending Balance	[1],[2],[16]							(39,921)
Investment, Identifier [Axis]: Debt Investments | Professional Services | ICIMS, Inc. | First Lien Revolver | SOFR(Q) | Floor Rate 0.75% | Spread 6.75% | Total Coupon 11.99% | Maturity 8/18/2028
Schedule Of Investments [Line Items]
Fair Value, Ending Balance	[3],[4],[5],[17],[20]	168,534		168,534
Investment, Identifier [Axis]: Debt Investments | Professional Services | ICIMS, Inc. | First Lien Term Loan | SOFR(Q) | Floor Rate 0.75% | Spread 3.38% Cash + 3.88% PIK | Total Coupon 12.38% | Maturity 8/18/2028
Schedule Of Investments [Line Items]
Fair Value, Ending Balance	[3],[4],[5],[17],[24]	10,982,609		10,982,609
Investment, Identifier [Axis]: Debt Investments | Professional Services | ICIMS, Inc. | First Lien Term Loan | SOFR(Q) | Floor Rate 0.75% |Spread 3.38% Cash + 3.88% PIK | Total Coupon 11.52% | Maturity 8/18/2028
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[1],[2],[16],[27]			10,640,854
Fair Value, Ending Balance	[1],[2],[16],[27]							10,640,854
Investment, Identifier [Axis]: Debt Investments | Professional Services | JobandTalent USA, Inc. (United Kingdom) | First Lien Delayed Draw Term Loan (3.0% Exit Fee) | SOFR | Floor Rate 1.00% | Spread 8.75 % | Total Coupon 13.19% | Maturity 2/17/2025
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[1],[2],[16]			5,172,800
Fair Value, Ending Balance	[1],[2],[16]							5,172,800
Investment, Identifier [Axis]: Debt Investments | Professional Services | JobandTalent USA, Inc. (United Kingdom) | First Lien Delayed Draw Term Loan (3.0% Exit Fee) | SOFR(M) | Floor Rate 1.00% | Spread 8.75% | Total Coupon 13.96% | Maturity 2/17/2025
Schedule Of Investments [Line Items]
Fair Value, Ending Balance	[3],[4],[5],[17],[25],[26]	5,194,000		5,194,000
Investment, Identifier [Axis]: Debt Investments | Professional Services | JobandTalent USA, Inc. (United Kingdom) | First Lien Term Loan (3.0% Exit Fee) | SOFR(M) | Floor Rate 1.00% | Spread 8.75 % | Total Coupon 13.19% | Maturity 2/17/2025
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[1],[2],[16]			9,655,071
Fair Value, Ending Balance	[1],[2],[16]							9,655,071
Investment, Identifier [Axis]: Debt Investments | Professional Services | JobandTalent USA, Inc. (United Kingdom) | First Lien Term Loan (3.0% Exit Fee) | SOFR(M) | Floor Rate 1.00% | Spread 8.75% | Total Coupon 13.96% | Maturity 2/17/2025
Schedule Of Investments [Line Items]
Fair Value, Ending Balance	[3],[4],[5],[17],[25],[26]	9,694,641		9,694,641
Investment, Identifier [Axis]: Debt Investments | Professional Services | RigUp, Inc. | First Lien Delayed Draw Term Loan (4.0% Exit Fee) | LIBOR(M) | Floor Rate 1.50% | Spread 7.00% | Total Coupon 11.81% | Maturity 3/1/2024
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[1],[2],[16]			492,500
Fair Value, Ending Balance	[1],[2],[16]							492,500
Investment, Identifier [Axis]: Debt Investments | Professional Services | TLE Holdings, LLC | First Lien Delayed Draw Term Loan | LIBOR(M) | Floor Rate 1.00% | Spread 5.50% | Total Coupon 9.88% | Maturity 6/28/2024
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[1],[2],[16]			936,369
Fair Value, Ending Balance	[1],[2],[16]							936,369
Investment, Identifier [Axis]: Debt Investments | Professional Services | TLE Holdings, LLC | First Lien Delayed Draw Term Loan | SOFR(M) | Floor Rate 1.00% | Spread 5.50% | Total Coupon 10.70% | Maturity 6/28/2024
Schedule Of Investments [Line Items]
Fair Value, Ending Balance	[3],[4],[5],[17]	953,425		953,425
Investment, Identifier [Axis]: Debt Investments | Professional Services | TLE Holdings, LLC | First Lien Term Loan | LIBOR(M) | Floor Rate 1.00% | Spread 5.50% | Total Coupon 9.88% | Maturity 6/28/2024
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[1],[2],[16]			3,658,003
Fair Value, Ending Balance	[1],[2],[16]							3,658,003
Investment, Identifier [Axis]: Debt Investments | Professional Services | TLE Holdings, LLC | First Lien Term Loan | SOFR(M) | Floor Rate 1.00% | Spread 5.50% | Total Coupon 10.70% | Maturity 6/28/2024
Schedule Of Investments [Line Items]
Fair Value, Ending Balance	[3],[4],[5],[17]	3,724,359		3,724,359
Investment, Identifier [Axis]: Debt Investments | Professional Services | VT TopCo, Inc. (Veritext) | Second Lien Term Loan | LIBOR(M) | Floor Rate 0.75% | Spread 6.75% | Total Coupon 11.13% | Maturity 8/4/2026
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[1],[2],[16]			1,019,407
Fair Value, Ending Balance	[1],[2],[16]							1,019,407
Investment, Identifier [Axis]: Debt Investments | Professional Services | VT TopCo, Inc. (Veritext) | Second Lien Term Loan | SOFR(M) | Floor Rate 0.75% | Spread 6.75% | Total Coupon 11.97% | Maturity 8/4/2026
Schedule Of Investments [Line Items]
Fair Value, Ending Balance	[3],[4],[5],[17]	1,010,091		1,010,091
Investment, Identifier [Axis]: Debt Investments | Professional Services| DTI Holdco, Inc. (Epiq Systems, Inc.) | Second Lien Term Loan | SOFR(Q) | Floor Rate 0.75% | Spread 7.75% | Total Coupon 12.80% | Maturity 04/26/2030
Schedule Of Investments [Line Items]
Fair Value, Ending Balance	[3],[4],[5],[17]	4,306,420		4,306,420
Investment, Identifier [Axis]: Debt Investments | Real Estate Management & Development
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[1],[2],[16]			6,300,500
Fair Value, Ending Balance		6,448,733	[3],[4],[5],[17]	6,448,733	[3],[4],[5],[17]			6,300,500	[1],[2],[16]
Investment, Identifier [Axis]: Debt Investments | Real Estate Management & Development | Greystone Affordable Housing Initiatives, LLC | First Lien Delayed Draw Term Loan | LIBOR(S) | Floor Rate 1.25% | Spread 6.00% | Total Coupon 11.14% | Maturity 3/2/2026
Schedule Of Investments [Line Items]
Fair Value, Ending Balance	[3],[4],[5],[17],[25]	1,846,133		1,846,133
Investment, Identifier [Axis]: Debt Investments | Real Estate Management & Development | Greystone Affordable Housing Initiatives, LLC | First Lien Delayed Draw Term Loan | LIBOR(S) | Floor Rate 1.25% | Spread 6.00% | Total Coupon 9.05% | Maturity 3/2/2026
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[1],[2],[16]			1,844,267
Fair Value, Ending Balance	[1],[2],[16]							1,844,267
Investment, Identifier [Axis]: Debt Investments | Real Estate Management & Development | Greystone Select Company II, LLC (Passco) | First Lien Delayed Draw Term Loan | SOFR(M) | Floor Rate 1.50% | Spread 6.50% | Total Coupon 10.94% | Maturity 3/21/2027
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[1],[2],[16]			(121,195)
Fair Value, Ending Balance	[1],[2],[16]							(121,195)
Investment, Identifier [Axis]: Debt Investments | Real Estate Management & Development | Greystone Select Company II, LLC (Passco) | First Lien Term Loan | SOFR(M) | Floor Rate 1.50% | Spread 6.50% | Total Coupon 10.94% | Maturity 3/21/2027
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[1],[2],[16]			4,577,428
Fair Value, Ending Balance	[1],[2],[16]							4,577,428
Investment, Identifier [Axis]: Debt Investments | Real Estate Management & Development | Greystone Select Company II, LLC (Passco) | First Lien Term Loan | SOFR(M) | Floor Rate 1.50% | Spread 6.50% | Total Coupon 11.72% | Maturity 3/21/2027
Schedule Of Investments [Line Items]
Fair Value, Ending Balance	[3],[4],[5],[17]	4,602,600		4,602,600
Investment, Identifier [Axis]: Debt Investments | Road & Rail | Motive Technologies, Inc. (fka Keep Truckin, Inc.) | First Lien Term Loan | SOFR(S) | Floor Rate 1.00% | Spread 7.25% | Total Coupon 11.03% | Maturity 4/8/2025
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[1],[2],[16]			14,895,000
Fair Value, Ending Balance	[1],[2],[16]							14,895,000
Investment, Identifier [Axis]: Debt Investments | Road & Rail | Motive Technologies, Inc. (fka Keep Truckin, Inc.) | First Lien Term Loan | SOFR(S) | Floor Rate 1.00% | Spread 7.25% | Total Coupon 12.77% | Maturity 4/8/2025
Schedule Of Investments [Line Items]
Fair Value, Ending Balance	[3],[4],[5],[17]	14,850,000		14,850,000
Investment, Identifier [Axis]: Debt Investments | Semiconductors & Semiconductor Equipment
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[1],[2],[16]			2,053,600
Fair Value, Ending Balance		2,146,398	[3],[4],[5],[17]	2,146,398	[3],[4],[5],[17]			2,053,600	[1],[2],[16]
Investment, Identifier [Axis]: Debt Investments | Semiconductors & Semiconductor Equipment | Emerald Technologies (U.S.) AcquisitionCo, Inc | First Lien Revolver | SOFR(M) | Floor Rate 1.00% | Spread 6.00% | Total Coupon 10.42% | Maturity 12/29/2026
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[1],[2],[16]			268,505
Fair Value, Ending Balance	[1],[2],[16]							268,505
Investment, Identifier [Axis]: Debt Investments | Semiconductors & Semiconductor Equipment | Emerald Technologies (U.S.) AcquisitionCo, Inc | First Lien Revolver | SOFR(M) | Floor Rate 1.00% | Spread 6.00% | Total Coupon 11.22% | Maturity 12/29/2026
Schedule Of Investments [Line Items]
Fair Value, Ending Balance	[3],[4],[5],[17],[20]	365,295		365,295
Investment, Identifier [Axis]: Debt Investments | Semiconductors & Semiconductor Equipment | Emerald Technologies (U.S.) AcquisitionCo, Inc | First Lien Term Loan | SOFR(M) | Floor Rate 1.00% | Spread 6.25% | Total Coupon 10.67% | Maturity 12/29/2027
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[1],[2],[16]			1,785,095
Fair Value, Ending Balance	[1],[2],[16]							1,785,095
Investment, Identifier [Axis]: Debt Investments | Semiconductors & Semiconductor Equipment | Emerald Technologies (U.S.) AcquisitionCo, Inc | First Lien Term Loan | SOFR(Q) | Floor Rate 1.00% | Spread 6.25% | Total Coupon 11.66% | Maturity 12/29/2027
Schedule Of Investments [Line Items]
Fair Value, Ending Balance	[3],[4],[5],[17],[28]	1,781,103		1,781,103
Investment, Identifier [Axis]: Debt Investments | Software
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[1],[2],[16],[18]			86,430,992
Fair Value, Ending Balance		102,686,951	[3],[4],[5],[17]	102,686,951	[3],[4],[5],[17]			86,430,992	[1],[2],[16],[18]
Investment, Identifier [Axis]: Debt Investments | Software Disco Parent, Inc. (Duck Creek Technologies) | First Lien Revolver | SOFR(Q) | Floor Rate 1.00% | Spread 7.50% | Total Coupon 12.76% | Maturity 3/30/2029
Schedule Of Investments [Line Items]
Fair Value, Ending Balance	[3],[4],[5],[17],[20]	(8,210)		(8,210)
Investment, Identifier [Axis]: Debt Investments | Software | Aerospike, Inc. | First Lien Delayed Draw Term Loan (0.50% Exit Fee) | SOFR(M) | Floor Rate 1.00% | Spread 7.50% | Total Coupon 12.72% | Maturity 12/29/2025
Schedule Of Investments [Line Items]
Fair Value, Ending Balance	[3],[4],[5],[17],[20]	1,040,367		1,040,367
Investment, Identifier [Axis]: Debt Investments | Software | Aerospike, Inc. | First Lien Term Loan (0.50% Exit Fee) | SOFR(M) | Floor Rate 1.00% | Spread 7.50% | Total Coupon 12.72% | Maturity 12/29/2025
Schedule Of Investments [Line Items]
Fair Value, Ending Balance	[3],[4],[5],[17]	2,384,723		2,384,723
Investment, Identifier [Axis]: Debt Investments | Software | Aerospike, Inc. | First Lien Term Loan | LIBOR(M) | Floor Rate 1.00% | Spread 7.50% | Total Coupon 11.88% | Maturity 12/29/2025
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[1],[2],[16]			2,375,297
Fair Value, Ending Balance	[1],[2],[16]							2,375,297
Investment, Identifier [Axis]: Debt Investments | Software | AlphaSense, Inc | First Lien Term Loan | SOFR(M) | Floor Rate 1.00% | Spread 7.00% | Total Coupon 11.44% | Maturity 3/11/2027
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[1],[2],[16]			8,594,961
Fair Value, Ending Balance	[1],[2],[16]							8,594,961
Investment, Identifier [Axis]: Debt Investments | Software | AlphaSense, Inc. | First Lien Term Loan | SOFR(M) | Floor Rate 1.00% | Spread 7.00% | Total Coupon 12.19% | Maturity 3/11/2027
Schedule Of Investments [Line Items]
Fair Value, Ending Balance	[3],[4],[5],[17]	8,666,947		8,666,947
Investment, Identifier [Axis]: Debt Investments | Software | Aras Corporation | First Lien Revolver | LIBOR(Q)/(S) | Floor Rate 1.00% | Spread 6.50 | Total Coupon 11.66 % | Maturity 4/13/2027
Schedule Of Investments [Line Items]
Fair Value, Ending Balance	[3],[4],[5],[17]	194,627		194,627
Investment, Identifier [Axis]: Debt Investments | Software | Aras Corporation | First Lien Term Loan | LIBOR(Q) | Floor Rate 1.00% | Spread 3.50% Cash + 3.25% PIK | Total Coupon 11.99% | Maturity 4/13/2027
Schedule Of Investments [Line Items]
Fair Value, Ending Balance	[3],[4],[5],[17],[24]	4,377,829		4,377,829
Investment, Identifier [Axis]: Debt Investments | Software | Aras Corporation | First Lien Term Loan | LIBOR(Q) |Floor Rate 1.00% | Spread 3.25% Cash + 3.75% PIK | Total Coupon 10.94% | Maturity 4/13/2022
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[1],[2],[16]			4,273,786
Fair Value, Ending Balance	[1],[2],[16]							4,273,786
Investment, Identifier [Axis]: Debt Investments | Software | Aras Corporation |First Lien Revolver | LIBOR(S) | Floor Rate 1.00% | Spread 6.50% | Total Coupon 9.50% | Maturity 4/13/2027
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[1],[2],[16]			90,710
Fair Value, Ending Balance	[1],[2],[16]							90,710
Investment, Identifier [Axis]: Debt Investments | Software | Backoffice Associates Holdings, LLC (Syniti) | First Lien Revolver | PRIME | Floor Rate 1.00% | Spread 6.75 | Total Coupon 15.00% | Maturity 4/30/2026
Schedule Of Investments [Line Items]
Fair Value, Ending Balance	[3],[4],[5],[17],[20]	657,055		657,055
Investment, Identifier [Axis]: Debt Investments | Software | Backoffice Associates Holdings, LLC (Syniti) | First Lien Revolver | PRIME | Floor Rate 1.00% | Spread 6.75% | Total Coupon 14.25% | Maturity 4/30/2026
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[1],[2],[16]			501,333
Fair Value, Ending Balance	[1],[2],[16]							501,333
Investment, Identifier [Axis]: Debt Investments | Software | Backoffice Associates Holdings, LLC (Syniti) | First Lien Term Loan | SOFR(Q) | Floor Rate 1.00% | Spread 7.75% | Total Coupon 12.00% | Maturity 4/30/2026
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[1],[2],[16]			4,816,153
Fair Value, Ending Balance	[1],[2],[16]							4,816,153
Investment, Identifier [Axis]: Debt Investments | Software | Backoffice Associates Holdings, LLC (Syniti) | First Lien Term Loan | SOFR(S) | Floor Rate 1.00% | Spread 7.75 | Total Coupon 13.03% | Maturity 4/30/2026
Schedule Of Investments [Line Items]
Fair Value, Ending Balance	[3],[4],[5],[17]	4,896,278		4,896,278
Investment, Identifier [Axis]: Debt Investments | Software | Bluefin Holding, LLC (BlackMountain) | Second Lien Term Loan | LIBOR(Q) | Spread 7.75 | Total Coupon 13.23% | Maturity 9/3/2027
Schedule Of Investments [Line Items]
Fair Value, Ending Balance	[3],[4],[5],[17]	4,674,868		4,674,868
Investment, Identifier [Axis]: Debt Investments | Software | Bluefin Holding, LLC (BlackMountain) | Second Lien Term Loan | LIBOR(Q) | Spread 7.75% | Total Coupon 12.48% | Maturity 9/3/2027
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[1],[2],[16]			4,756,630
Fair Value, Ending Balance	[1],[2],[16]							4,756,630
Investment, Identifier [Axis]: Debt Investments | Software | Bonterra LLC (fka CyberGrants Holdings, LLC) | First Lien Delayed Draw Term Loan | LIBOR(Q) | Floor Rate 0.75% | Spread 6.00% | Total Coupon 11.79% | Maturity 9/8/2027
Schedule Of Investments [Line Items]
Fair Value, Ending Balance	[3],[4],[5],[17],[20]	73,362		73,362
Investment, Identifier [Axis]: Debt Investments | Software | Bonterra LLC (fka CyberGrants Holdings, LLC) | First Lien Delayed Draw Term Loan | LIBOR(Q) | Floor Rate 0.75% | Spread 6.25% | Total Coupon 10.98% | Maturity 9/8/2027
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[1],[2],[16]			46,158
Fair Value, Ending Balance	[1],[2],[16]							46,158
Investment, Identifier [Axis]: Debt Investments | Software | Bonterra LLC (fka CyberGrants Holdings, LLC) | First Lien Revolver | LIBOR(Q) | Floor Rate 0.75% | Spread 6.00% | Total Coupon 11.72% | Maturity 9/8/2027
Schedule Of Investments [Line Items]
Fair Value, Ending Balance	[3],[4],[5],[17],[20]	265,505		265,505
Investment, Identifier [Axis]: Debt Investments | Software | Bonterra LLC (fka CyberGrants Holdings, LLC) | First Lien Revolver | LIBOR(Q) | Floor Rate 0.75% | Spread 6.25% | Total Coupon 10.98% | Maturity 9/8/2027
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[1],[2],[16]			94,783
Fair Value, Ending Balance	[1],[2],[16]							94,783
Investment, Identifier [Axis]: Debt Investments | Software | Bonterra LLC (fka CyberGrants Holdings, LLC) | First Lien Term Loan | LIBOR(Q) | Floor 0.75% | Spread 6.00% | Total Coupon 11.79% | Maturity 9/8/2027
Schedule Of Investments [Line Items]
Fair Value, Ending Balance	[3],[4],[5],[17]	2,753,717		2,753,717
Investment, Identifier [Axis]: Debt Investments | Software | Bonterra LLC (fka CyberGrants Holdings, LLC) | First Lien Term Loan | LIBOR(Q) | Floor Rate 0.75% | Spread 6.25% | Total Coupon 10.98% | Maturity 9/8/2027
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[1],[2],[16]			2,746,350
Fair Value, Ending Balance	[1],[2],[16]							2,746,350
Investment, Identifier [Axis]: Debt Investments | Software | Disco Parent, Inc. (Duck Creek Technologies) | First Lien Term Loan | SOFR(Q) | Floor Rate 1.00% | Spread 7.50% | Total Coupon 12.76% | Maturity 3/30/2029
Schedule Of Investments [Line Items]
Fair Value, Ending Balance	[3],[4],[5],[17]	5,049,217		5,049,217
Investment, Identifier [Axis]: Debt Investments | Software | Elastic Path Software Inc. (Canada) | First Lien Delayed Draw Term Loan | SOFR(Q) | Floor Rate 1.00% | Spread 7.50% | Total Coupon 12.12% | Maturity 1/6/2026
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[1],[2],[16],[18],[22],[23]			951,973
Fair Value, Ending Balance	[1],[2],[16],[18],[22],[23]							951,973
Investment, Identifier [Axis]: Debt Investments | Software | Elastic Path Software Inc. (Canada) | First Lien Delayed Draw Term Loan | SOFR(Q) | Floor Rate 1.00% | Spread 7.50% | Total Coupon 12.99% | Maturity 1/6/2026
Schedule Of Investments [Line Items]
Fair Value, Ending Balance	[3],[4],[5],[17],[25],[26]	958,511		958,511
Investment, Identifier [Axis]: Debt Investments | Software | Elastic Path Software Inc. (Canada) | First Lien Term Loan | SOFR(Q) | Floor Rate 1.00% | Spread 7.50% | Total Coupon 11.33% | Maturity 1/6/2026
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[1],[2],[16]			1,875,195
Fair Value, Ending Balance	[1],[2],[16]							1,875,195
Investment, Identifier [Axis]: Debt Investments | Software | Elastic Path Software Inc. (Canada) | First Lien Term Loan | SOFR(Q) | Floor Rate 1.00% | Spread 7.50% | Total Coupon 12.70% | Maturity 1/6/2026
Schedule Of Investments [Line Items]
Fair Value, Ending Balance	[3],[4],[5],[17],[25],[26]	1,888,072		1,888,072
Investment, Identifier [Axis]: Debt Investments | Software | Fusion Risk Management, Inc. | First Lien Revolver | SOFR(Q) | Floor Rate 1.00% | Spread 6.50% | Total Coupon 10.90% | Maturity 8/30/2028
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[1],[2],[16],[18],[19]			(1,220)
Fair Value, Ending Balance	[1],[2],[16],[18],[19]							(1,220)
Investment, Identifier [Axis]: Debt Investments | Software | Fusion Risk Management, Inc. | First Lien Revolver | SOFR(Q) | Floor Rate 1.00% | Spread 7.00% | Total Coupon 12.13% | Maturity 5/22/2029
Schedule Of Investments [Line Items]
Fair Value, Ending Balance	[3],[4],[5],[17],[20]	(10,179)		(10,179)
Investment, Identifier [Axis]: Debt Investments | Software | Fusion Risk Management, Inc. | First Lien Term Loan | SOFR(Q) | Floor Rate 1.00% | Spread 3.25% Cash + 3.75% PIK | Total Coupon 11.40% | Maturity 8/30/2028
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[1],[2],[16],[18],[27]			349,821
Fair Value, Ending Balance	[1],[2],[16],[18],[27]							349,821
Investment, Identifier [Axis]: Debt Investments | Software | Fusion Risk Management, Inc. | First Lien Term Loan | SOFR(Q) | Floor Rate 1.00% | Spread 3.50% Cash + 4.00% PIK | Total Coupon 12.63% | Maturity 5/22/2029
Schedule Of Investments [Line Items]
Fair Value, Ending Balance	[3],[4],[5],[17],[24]	4,379,464		4,379,464
Investment, Identifier [Axis]: Debt Investments | Software | GTY Technology Holdings Inc. | First Lien Delayed Draw Term Loan | SOFR(Q) | Floor Rate 0.75% | Spread 2.58% Cash + 4.30% PIK | Total Coupon 11.40% | Maturity 7/9/2029
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[1],[2],[16],[18],[27]			1,464,827
Fair Value, Ending Balance	[1],[2],[16],[18],[27]							1,464,827
Investment, Identifier [Axis]: Debt Investments | Software | GTY Technology Holdings Inc. | First Lien Revolver | SOFR(Q) | Floor Rate 0.75% | Spread 6.25% | Total Coupon 10.83% | Maturity 7/9/2029
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[1],[2],[16],[18],[19]			(11,160)
Fair Value, Ending Balance	[1],[2],[16],[18],[19]							(11,160)
Investment, Identifier [Axis]: Debt Investments | Software | GTY Technology Holdings Inc. | First Lien Revolver | SOFR(Q) | Floor Rate 0.75% | Spread 6.25% | Total Coupon 11.47% | Maturity 7/9/2029
Schedule Of Investments [Line Items]
Fair Value, Ending Balance	[3],[4],[5],[17],[20]	(2,337)		(2,337)
Investment, Identifier [Axis]: Debt Investments | Software | GTY Technology Holdings Inc. | First Lien Term Loan | SOFR(Q) | Floor Rate 0.75% | Spread 2.58% Cash + 4.30% PIK | Total Coupon 11.46% | Maturity 7/9/2029
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[1],[2],[16],[18],[27]			1,896,028
Fair Value, Ending Balance	[1],[2],[16],[18],[27]							1,896,028
Investment, Identifier [Axis]: Debt Investments | Software | GTY Technology Holdings Inc. | First Lien Term Loan | SOFR(Q) | Floor Rate 0.75% | Spread 2.58% Cash + 4.30% PIK | Total Coupon 12.12% | Maturity 7/9/2029
Schedule Of Investments [Line Items]
Fair Value, Ending Balance	[3],[4],[5],[17],[24]	1,988,077		1,988,077
Investment, Identifier [Axis]: Debt Investments | Software | GTY Technology Holdings Inc.| First Lien Delayed Draw Term Loan | SOFR(Q) | Floor Rate 0.75% Spread 2.58% Cash + 4.30% PIK | Total Coupon 12.10% | Maturity 7/9/2029
Schedule Of Investments [Line Items]
Fair Value, Ending Balance	[3],[4],[5],[17],[24]	1,536,096		1,536,096
Investment, Identifier [Axis]: Debt Investments | Software | Grey Orange Incorporated | First Lien Delayed Draw Term Loan (3.75% Exit Fee) | SOFR(Q) | Floor Rate 1.00% | Spread 7.25% | Total Coupon 11.55% | Maturity 5/6/2026
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[1],[2],[16],[18],[19]			905,004
Fair Value, Ending Balance	[1],[2],[16],[18],[19]							905,004
Investment, Identifier [Axis]: Debt Investments | Software | Grey Orange Incorporated | First Lien Delayed Draw Term Loan (3.75% Exit Fee) | SOFR(Q)/(S) | Floor Rate 1.00% | Spread 7.25% | Total Coupon 12.58% | Maturity 5/6/2026
Schedule Of Investments [Line Items]
Fair Value, Ending Balance	[3],[4],[5],[17],[20]	1,522,758		1,522,758
Investment, Identifier [Axis]: Debt Investments | Software | Grey Orange Incorporated | First Lien Term Loan (3.75% Exit Fee) | SOFR(Q) | Floor Rate 1.00% | Spread 7.25% | Total Coupon 12.23% | Maturity 5/6/2026
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[1],[2],[16],[18]			1,520,757
Fair Value, Ending Balance	[1],[2],[16],[18]							1,520,757
Investment, Identifier [Axis]: Debt Investments | Software | Grey Orange Incorporated | First Lien Term Loan (3.75% Exit Fee) | SOFR(Q) | Floor Rate 1.00% | Spread 7.25% | Total Coupon 12.58% | Maturity 5/6/2026
Schedule Of Investments [Line Items]
Fair Value, Ending Balance	[3],[4],[5],[17]	1,522,758		1,522,758
Investment, Identifier [Axis]: Debt Investments | Software | Integrate.com, Inc. (Infinity Data, Inc.) | First Lien Delayed Draw Term Loan | SOFR(M) | Floor Rate 1.00% | Spread 3.00% Cash + 3.00% PIK | Total Coupon 10.28% | Maturity 12/17/2027
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[1],[2],[16],[18],[19],[27]			(8,000)
Fair Value, Ending Balance	[1],[2],[16],[18],[19],[27]							(8,000)
Investment, Identifier [Axis]: Debt Investments | Software | Integrate.com, Inc. (Infinity Data, Inc.) | First Lien Delayed Draw Term Loan | SOFR(M) | Floor Rate 1.00% | Spread 3.00% Cash + 3.00% PIK | Total Coupon 11.19% | Maturity 12/17/2027
Schedule Of Investments [Line Items]
Fair Value, Ending Balance	[3],[4],[5],[17],[20],[24]	90,507		90,507
Investment, Identifier [Axis]: Debt Investments | Software | Integrate.com, Inc. (Infinity Data, Inc.) | First Lien Revolver | SOFR(M) | Floor Rate 1.00% | Spread 6.00% | Total Coupon 10.28% | Maturity 12/17/2027
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[1],[2],[16],[18],[19]			(4,000)
Fair Value, Ending Balance	[1],[2],[16],[18],[19]							(4,000)
Investment, Identifier [Axis]: Debt Investments | Software | Integrate.com, Inc. (Infinity Data, Inc.) | First Lien Revolver | SOFR(M) | Floor Rate 1.00% | Spread 6.00% | Total Coupon 11.19% | Maturity 12/17/2027
Schedule Of Investments [Line Items]
Fair Value, Ending Balance	[3],[4],[5],[17],[20]	(4,747)		(4,747)
Investment, Identifier [Axis]: Debt Investments | Software | Integrate.com, Inc. (Infinity Data, Inc.) | First Lien Term Loan | LIBOR(M)/SOFR(M) | Floor Rate 1.00% | Spread 3.00% Cash + 3.00% PIK | Total Coupon 10.34% | Maturity 12/17/2027
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[1],[2],[16],[18],[27],[39]			1,781,995
Fair Value, Ending Balance	[1],[2],[16],[18],[27],[39]							1,781,995
Investment, Identifier [Axis]: Debt Investments | Software | Integrate.com, Inc. (Infinity Data, Inc.) | First Lien Term Loan | SOFR(M) | Floor Rate 1.00% | Spread 3.00% Cash + 3.00% PIK | Total Coupon 11.20% | Maturity 12/17/2027
Schedule Of Investments [Line Items]
Fair Value, Ending Balance	[3],[4],[5],[17],[21],[24]	1,799,449		1,799,449
Investment, Identifier [Axis]: Debt Investments | Software | JOBVITE, Inc. (Employ, Inc.) | First Lien Term Loan | SOFR(S) | Floor Rate 0.75% | Spread 8.00% | Total Coupon 10.93% | Maturity 8/5/2028
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[1],[2],[16],[18]			6,779,876
Fair Value, Ending Balance	[1],[2],[16],[18]							6,779,876
Investment, Identifier [Axis]: Debt Investments | Software | JOBVITE, Inc. (Employ, Inc.) | First Lien Term Loan | SOFR(S) | Floor Rate 0.75% | Spread 8.00% | Total Coupon 13.07% | Maturity 8/5/2028
Schedule Of Investments [Line Items]
Fair Value, Ending Balance	[3],[4],[5],[17]	6,852,152		6,852,152
Investment, Identifier [Axis]: Debt Investments | Software | Kaseya Inc. | First Lien Delayed Draw Term Loan | SOFR(M) | Floor Rate 0.75% | Spread 3.75% Cash + 2.50% PIK | Total Coupon 11.36% | Maturity 6/25/2029
Schedule Of Investments [Line Items]
Fair Value, Ending Balance	[3],[4],[5],[17]	15,471		15,471
Investment, Identifier [Axis]: Debt Investments | Software | Kaseya Inc. | First Lien Delayed Draw Term Loan | SOFR(Q) | Floor Rate 0.75% | Spread 5.75% | Total Coupon 10.33% | Maturity 6/25/2029
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[1],[2],[16],[18],[19]			(13,651)
Fair Value, Ending Balance	[1],[2],[16],[18],[19]							(13,651)
Investment, Identifier [Axis]: Debt Investments | Software | Kaseya Inc. | First Lien Revolver | SOFR(M) | Floor Rate 0.75% | Spread 3.75% Cash + 2.50% PIK | Total Coupon 11.36% | Maturity 6/25/2029
Schedule Of Investments [Line Items]
Fair Value, Ending Balance	[3],[4],[5],[17]	101,474		101,474
Investment, Identifier [Axis]: Debt Investments | Software | Kaseya Inc. | First Lien Revolver | SOFR(Q) | Floor Rate 0.75% | Spread 5.75% | Total Coupon 10.33% | Maturity 6/25/2029
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[1],[2],[16],[18],[19]			(13,651)
Fair Value, Ending Balance	[1],[2],[16],[18],[19]							(13,651)
Investment, Identifier [Axis]: Debt Investments | Software | Kaseya Inc. | First Lien Term Loan | SOFR(M) | Floor Rate 0.75% | Spread 3.75% Cash + 2.50% PIK | Total Coupon 11.35% | Maturity 6/25/2029
Schedule Of Investments [Line Items]
Fair Value, Ending Balance	[3],[4],[5],[17]	7,243,196		7,243,196
Investment, Identifier [Axis]: Debt Investments | Software | Kaseya Inc. | First Lien Term Loan | SOFR(Q) | Floor Rate 0.75% | Spread 5.75% | Total Coupon 10.33% | Maturity 6/25/2029
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[1],[2],[16],[18]			7,220,864
Fair Value, Ending Balance	[1],[2],[16],[18]							7,220,864
Investment, Identifier [Axis]: Debt Investments | Software | Kong Inc. | First Lien Term Loan | SOFR(M) | Floor Rate 1.00% | Spread 5.50% Cash + 3.25% PIK | Total Coupon 12.99% | Maturity 11/1/2027
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[1],[2],[16],[18],[27]			2,058,288
Fair Value, Ending Balance	[1],[2],[16],[18],[27]							2,058,288
Investment, Identifier [Axis]: Debt Investments | Software | Kong Inc. | First Lien Term Loan | SOFR(M) | Floor Rate 1.00% | Spread 5.50% Cash + 3.25% PIK | Total Coupon 14.02% | Maturity 11/1/2027
Schedule Of Investments [Line Items]
Fair Value, Ending Balance	[3],[4],[5],[17],[24]	2,113,949		2,113,949
Investment, Identifier [Axis]: Debt Investments | Software | Nvest, Inc. (SigFig) | First Lien Term Loan | SOFR(S) | Floor Rate 1.00% | Spread 7.50% | Total Coupon 11.49% | Maturity 9/15/2025
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[1],[2],[16],[18]			2,289,789
Fair Value, Ending Balance	[1],[2],[16],[18]							2,289,789
Investment, Identifier [Axis]: Debt Investments | Software | Nvest, Inc. (SigFig) | First Lien Term Loan | SOFR(S) | Floor Rate 1.00% | Spread 7.50% | Total Coupon 13.15% | Maturity 9/15/2025
Schedule Of Investments [Line Items]
Fair Value, Ending Balance	[3],[4],[5],[17]	2,277,572		2,277,572
Investment, Identifier [Axis]: Debt Investments | Software | Oversight Systems, Inc. | First Lien Delayed Draw Term Loan | SOFR(M) | Floor Rate 1.00% | Spread 7.75% | Total Coupon 14.70% | Maturity 9/24/2026
Schedule Of Investments [Line Items]
Fair Value, Ending Balance	[3],[4],[5],[17]	(1,389)		(1,389)
Investment, Identifier [Axis]: Debt Investments | Software | Oversight Systems, Inc. | First Lien Term Loan | LIBOR(M) | Floor Rate 1.00% | Spread 7.00% | Total Coupon 11.38% | Maturity 9/24/2026
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[1],[2],[16],[18]			1,481,582
Fair Value, Ending Balance	[1],[2],[16],[18]							1,481,582
Investment, Identifier [Axis]: Debt Investments | Software | Oversight Systems, Inc. | First Lien Term Loan | SOFR(M) | Floor Rate 1.00% | Spread 7.75% | Total Coupon 14.70% | Maturity 9/24/2026
Schedule Of Investments [Line Items]
Fair Value, Ending Balance	[3],[4],[5],[17]	1,577,392		1,577,392
Investment, Identifier [Axis]: Debt Investments | Software | SEP Eiger BidCo Ltd. (Beqom) (Switzerland) | First Lien Revolver | SOFR(Q) | Floor Rate 1.00% | Spread 6.50% | Total Coupon 10.71% | Maturity 5/9/2028
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[1],[2],[16],[18],[19],[22],[23]			(17,476)
Fair Value, Ending Balance	[1],[2],[16],[18],[19],[22],[23]							(17,476)
Investment, Identifier [Axis]: Debt Investments | Software | SEP Eiger BidCo Ltd. (Beqom) (Switzerland) | First Lien Revolver | SOFR(Q) | Floor Rate 1.00% | Spread 6.50% | Total Coupon 11.54% | Maturity 5/9/2028
Schedule Of Investments [Line Items]
Fair Value, Ending Balance	[3],[4],[5],[17],[20],[25],[26]	(5,413)		(5,413)
Investment, Identifier [Axis]: Debt Investments | Software | SEP Eiger BidCo Ltd. (Beqom) (Switzerland) | First Lien Term Loan | SOFR(Q) | Floor Rate 1.00% | Spread 3.00% Cash + 3.50% PIK | Total Coupon 10.71% | Maturity 5/9/2028
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[1],[2],[16],[18],[22],[23],[27]			5,477,375
Fair Value, Ending Balance	[1],[2],[16],[18],[22],[23],[27]							5,477,375
Investment, Identifier [Axis]: Debt Investments | Software | SEP Eiger BidCo Ltd. (Beqom) (Switzerland) | First Lien Term Loan | SOFR(Q) | Floor Rate 1.00% | Spread 3.00% Cash + 3.50% PIK | Total Coupon 11.54% | Maturity 5/9/2028
Schedule Of Investments [Line Items]
Fair Value, Ending Balance	[3],[4],[5],[17],[24],[25],[26]	5,819,252		5,819,252
Investment, Identifier [Axis]: Debt Investments | Software | SEP Raptor Acquisition, Inc. (Loopio) (Canada) | First Lien Revolver | LIBOR(Q) | Floor Rate 1.00% | Spread 4.50% Cash + 3.00% PIK | Total Coupon 12.25% | Maturity 3/31/2027
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[1],[2],[16],[18],[19],[22],[23],[27]			(7,373)
Fair Value, Ending Balance	[1],[2],[16],[18],[19],[22],[23],[27]							(7,373)
Investment, Identifier [Axis]: Debt Investments | Software | SEP Raptor Acquisition, Inc. (Loopio) (Canada) | First Lien Revolver | SOFR(Q) | Floor Rate 1.00% | Spread 7.00% | Total Coupon 12.89% | Maturity 3/31/2027
Schedule Of Investments [Line Items]
Fair Value, Ending Balance	[3],[4],[5],[17],[20],[25],[26]	(7,373)		(7,373)
Investment, Identifier [Axis]: Debt Investments | Software | SEP Raptor Acquisition, Inc. (Loopio) (Canada) | First Lien Term Loan | LIBOR(Q) | Floor Rate 1.00% | Spread 4.50% Cash + 3.00% PIK | Total Coupon 12.25% | Maturity 3/31/2027
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[1],[2],[16],[18],[22],[23],[27]			3,730,961
Fair Value, Ending Balance	[1],[2],[16],[18],[22],[23],[27]							3,730,961
Investment, Identifier [Axis]: Debt Investments | Software | SEP Raptor Acquisition, Inc. (Loopio) (Canada) | First Lien Term Loan | SOFR(Q) | Floor Rate 1.00% | Spread 7.00% | Total Coupon 12.89% | Maturity 3/31/2027
Schedule Of Investments [Line Items]
Fair Value, Ending Balance	[3],[4],[5],[17],[20],[25],[26]	3,759,254		3,759,254
Investment, Identifier [Axis]: Debt Investments | Software | Superman Holdings, LLC (Foundation Software) | First Lien 2023 Incremental Delayed Draw Term Loan | SOFR(Q) | Floor Rate 1.00% | Spread 5.75% | Total Coupon 10.99% | Maturity 8/31/2027
Schedule Of Investments [Line Items]
Fair Value, Ending Balance	[3],[4],[5],[17]	(7,237)		(7,237)
Investment, Identifier [Axis]: Debt Investments | Software | Superman Holdings, LLC (Foundation Software) | First Lien Revolver | LIBOR(Q) | Floor Rate 1.00% | Spread 6.13% | Total Coupon 10.85% | Maturity 8/31/2026
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[1],[2],[16],[18],[19]			(5,601)
Fair Value, Ending Balance	[1],[2],[16],[18],[19]							(5,601)
Investment, Identifier [Axis]: Debt Investments | Software | Superman Holdings, LLC (Foundation Software) | First Lien Revolver | SOFR(Q) | Floor Rate 1.00% | Spread 5.75% | Total Coupon 10.99% | Maturity 8/31/2026
Schedule Of Investments [Line Items]
Fair Value, Ending Balance	[3],[4],[5],[17],[20]	(6,918)		(6,918)
Investment, Identifier [Axis]: Debt Investments | Software | Superman Holdings, LLC (Foundation Software) | First Lien Term Loan | LIBOR(Q) | Floor Rate 1.00% | Spread 6.13% | Total Coupon 10.85% | Maturity 8/31/2027
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[1],[2],[16],[18]			4,538,163
Fair Value, Ending Balance	[1],[2],[16],[18]							4,538,163
Investment, Identifier [Axis]: Debt Investments | Software | Superman Holdings, LLC (Foundation Software) | First Lien Term Loan | SOFR(Q) | Floor Rate 1.00% | Spread 5.75% | Total Coupon 10.99% | Maturity 8/31/2027
Schedule Of Investments [Line Items]
Fair Value, Ending Balance	[3],[4],[5],[17]	5,927,096		5,927,096
Investment, Identifier [Axis]: Debt Investments | Software | Syntellis Parent, LLC (Axiom Software) | First Lien Term Loan | SOFR(M) | Floor Rate 0.75% | Spread 6.50% | Total Coupon 10.82% | Maturity 8/2/2027
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[1],[2],[16],[18]			7,422,580
Fair Value, Ending Balance	[1],[2],[16],[18]							7,422,580
Investment, Identifier [Axis]: Debt Investments | Software | Syntellis Parent, LLC (Axiom Software) | First Lien Term Loan | SOFR(M) | Floor Rate 0.75% | Spread 6.50% | Total Coupon 11.60% | Maturity 8/2/2027
Schedule Of Investments [Line Items]
Fair Value, Ending Balance	[3],[4],[5],[17]	7,446,117		7,446,117
Investment, Identifier [Axis]: Debt Investments | Software | Tessian Inc. (United Kingdom) | First Lien Term Loan | SOFR(Q) | Floor Rate 1.00% | Spread 8.00% | Total Coupon 13.26% | Maturity 3/15/2028
Schedule Of Investments [Line Items]
Fair Value, Ending Balance	[25],[26]	2,193,619		2,193,619
Investment, Identifier [Axis]: Debt Investments | Software | Zendesk, Inc. | First Lien Delayed Draw Term Loan | SOFR(Q) | Floor Rate 0.75% | Spread 3.50% Cash + 3.50% PIK | Total Coupon 12.25% | Maturity 11/22/2028
Schedule Of Investments [Line Items]
Fair Value, Ending Balance	[3],[4],[5],[17],[24]	(3,893)		(3,893)
Investment, Identifier [Axis]: Debt Investments | Software | Zendesk, Inc. | First Lien Delayed Draw Term Loan | SOFR(Q) | Floor Rate 0.75% | Spread 6.50% | Total Coupon 11.04% | Maturity 11/22/2028
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[1],[2],[16],[18],[19]			(25,952)
Fair Value, Ending Balance	[1],[2],[16],[18],[19]							(25,952)
Investment, Identifier [Axis]: Debt Investments | Software | Zendesk, Inc. | First Lien Revolver | SOFR(Q) | Floor Rate 0.75% | Spread 6.50% | Total Coupon 11.04% | Maturity 11/22/2028
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[1],[2],[16],[18],[19]			(10,686)
Fair Value, Ending Balance	[1],[2],[16],[18],[19]							(10,686)
Investment, Identifier [Axis]: Debt Investments | Software | Zendesk, Inc. | First Lien Revolver | SOFR(Q) | Floor Rate 0.75% | Spread 6.50% | Total Coupon 11.75% | Maturity 11/22/2028
Schedule Of Investments [Line Items]
Fair Value, Ending Balance	[3],[4],[5],[17],[24]	(1,603)		(1,603)
Investment, Identifier [Axis]: Debt Investments | Software | Zendesk, Inc. | First Lien Term Loan | SOFR(Q) | Floor Rate 0.75% | Spread 3.50% Cash + 3.50% PIK | Total Coupon 12.25% | Maturity 11/22/2028
Schedule Of Investments [Line Items]
Fair Value, Ending Balance	[3],[4],[5],[17],[24]	5,220,062		5,220,062
Investment, Identifier [Axis]: Debt Investments | Software | Zendesk, Inc. | First Lien Term Loan | SOFR(Q) | Floor Rate 0.75% | Spread 6.50% | Total Coupon 11.04% | Maturity 11/22/2028
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[1],[2],[16],[18]			5,086,547
Fair Value, Ending Balance	[1],[2],[16],[18]							5,086,547
Investment, Identifier [Axis]: Debt Investments | Software | Zilliant Incorporated | First Lien Delayed Draw Term Loan | LIBOR(M) | Floor Rate 0.75% | Spread 2.00% Cash + 4.50% PIK | Total Coupon 10.85% | Maturity 12/21/2027
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[1],[2],[16],[18],[19],[27]			(22,963)
Fair Value, Ending Balance	[1],[2],[16],[18],[19],[27]							(22,963)
Investment, Identifier [Axis]: Debt Investments | Software | Zilliant Incorporated | First Lien Delayed Draw Term Loan | LIBOR(M) | Floor Rate 0.75% | Spread 2.00% Cash + 4.50% PIK | Total Coupon 11.65% | Maturity 12/21/2027
Schedule Of Investments [Line Items]
Fair Value, Ending Balance	[3],[4],[5],[17],[20],[24]	(18,889)		(18,889)
Investment, Identifier [Axis]: Debt Investments | Software | Zilliant Incorporated | First Lien Revolver | LIBOR(M) | Floor Rate 0.75% | Spread 6.00% | Total Coupon 10.35% | Maturity 12/21/2027
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[1],[2],[16],[18],[19]			(9,185)
Fair Value, Ending Balance	[1],[2],[16],[18],[19]							(9,185)
Investment, Identifier [Axis]: Debt Investments | Software | Zilliant Incorporated | First Lien Revolver | LIBOR(M) | Floor Rate 0.75% | Spread 6.00% | Total Coupon 11.15% | Maturity 12/21/2027
Schedule Of Investments [Line Items]
Fair Value, Ending Balance	[3],[4],[5],[17],[20]	(7,556)		(7,556)
Investment, Identifier [Axis]: Debt Investments | Software | Zilliant Incorporated | First Lien Term Loan | LIBOR(M) | Floor Rate 0.75% | Spread 2.00% Cash + 4.50% PIK | Total Coupon 10.85% | Maturity 12/21/2027
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[1],[2],[16],[18],[27]			1,454,124
Fair Value, Ending Balance	[1],[2],[16],[18],[27]							1,454,124
Investment, Identifier [Axis]: Debt Investments | Software | Zilliant Incorporated | First Lien Term Loan | LIBOR(M) | Floor Rate 0.75% | Spread 2.00% Cash + 4.50% PIK | Total Coupon 11.65% | Maturity 12/21/2027
Schedule Of Investments [Line Items]
Fair Value, Ending Balance	[3],[4],[5],[17],[24]	1,505,902		1,505,902
Investment, Identifier [Axis]: Debt Investments | Specialty Retail
Schedule Of Investments [Line Items]
Fair Value, Ending Balance	[3],[4],[5],[17]	10,658,045		10,658,045
Investment, Identifier [Axis]: Debt Investments | Specialty Retail
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[1],[2],[16],[18]			11,115,033
Fair Value, Ending Balance	[1],[2],[16],[18]							11,115,033
Investment, Identifier [Axis]: Debt Investments | Specialty Retail | Calceus Acquisition, Inc. (Cole Haan) | First Lien Sr Secured Notes | Fixed Spread 9.75% | Total Coupon 9.75% | Maturity 2/19/2025
Schedule Of Investments [Line Items]
Fair Value, Ending Balance	[3],[4],[5],[17]	988,000		988,000
Investment, Identifier [Axis]: Debt Investments | Specialty Retail | Calceus Acquisition, Inc. (Cole Haan) | First Lien Sr Secured Notes | Fixed | Spread 9.75% | Total Coupon 9.75% | Maturity 2/19/2025
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[1],[2],[16],[18]			916,000
Fair Value, Ending Balance	[1],[2],[16],[18]							916,000
Investment, Identifier [Axis]: Debt Investments | Specialty Retail | Calceus Acquisition, Inc. (Cole Haan) | First Lien Term Loan B | LIBOR(Q) | Spread 5.50% | Total Coupon 10.23% | Maturity 2/12/2025
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[1],[2],[16],[18],[29]			3,387,070
Fair Value, Ending Balance	[1],[2],[16],[18],[29]							3,387,070
Investment, Identifier [Axis]: Debt Investments | Specialty Retail | Calceus Acquisition, Inc. (Cole Haan) | First Lien Term Loan B | LIBOR(Q) | Spread 5.50% | Total Coupon 11.04% | Maturity 2/12/2025
Schedule Of Investments [Line Items]
Fair Value, Ending Balance	[3],[4],[5],[17],[28]	3,443,584		3,443,584
Investment, Identifier [Axis]: Debt Investments | Specialty Retail | Hanna Andersson, LLC | First Lien Term Loan | LIBOR(M) | Floor Rate 1.00% | Spread 6.00% | Total Coupon 10.29% | Maturity 7/2/2026
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[1],[2],[16],[18]			6,811,963
Fair Value, Ending Balance	[1],[2],[16],[18]							6,811,963
Investment, Identifier [Axis]: Debt Investments | Specialty Retail | Hanna Andersson, LLC | First Lien Term Loan | LIBOR(M) | Floor Rate 1.00% | Spread 6.00% | Total Coupon 11.15% | Maturity 7/2/2026
Schedule Of Investments [Line Items]
Fair Value, Ending Balance	[3],[4],[5],[17]	6,226,461		6,226,461
Investment, Identifier [Axis]: Debt Investments | Technology Hardware, Storage & Peripherals | SumUp Holdings Luxembourg S.A.R.L. (United Kingdom) | First Lien Delayed Draw Term Loan | SOFR(Q) | Floor Rate 1.00% | Spread 7.00% | Total Coupon 11.68% | Maturity 2/17/2026
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[1],[2],[16],[18],[22],[23]			10,452,514
Fair Value, Ending Balance	[1],[2],[16],[18],[22],[23]							10,452,514
Investment, Identifier [Axis]: Debt Investments | Technology Hardware, Storage & Peripherals | SumUp Holdings Luxembourg S.A.R.L. (United Kingdom) | First Lien Delayed Draw Term Loan | SOFR(Q) | Floor Rate 1.00% | Spread 7.00% | Total Coupon 12.37% | Maturity 2/17/2026
Schedule Of Investments [Line Items]
Fair Value, Ending Balance	[3],[4],[5],[17],[25],[26]	10,691,057		10,691,057
Investment, Identifier [Axis]: Debt Investments | Textiles, Apparel & Luxury Goods
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[1],[2],[16]			9,821,542
Fair Value, Ending Balance		9,912,646	[3],[4],[5],[17]	9,912,646	[3],[4],[5],[17]			9,821,542	[1],[2],[16]
Investment, Identifier [Axis]: Debt Investments | Textiles, Apparel & Luxury Goods | James Perse Enterprises, Inc. | First Lien Revolver | SOFR(Q) | Floor Rate 1.00% | Spread 6.25% | Total Coupon 10.93% | Maturity 9/8/2027
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[1],[2],[16],[19]			(5,301)
Fair Value, Ending Balance	[1],[2],[16],[19]							(5,301)
Investment, Identifier [Axis]: Debt Investments | Textiles, Apparel & Luxury Goods | James Perse Enterprises, Inc. | First Lien Revolver | SOFR(S) | Floor Rate 1.00% | Spread 6.25% | Total Coupon 11.38% | Maturity 9/8/2027
Schedule Of Investments [Line Items]
Fair Value, Ending Balance	[3],[4],[5],[17],[20]	0		0
Investment, Identifier [Axis]: Debt Investments | Textiles, Apparel & Luxury Goods | James Perse Enterprises, Inc. | First Lien Term Loan | SOFR(Q) | Floor Rate 1.00% | Spread 6.25% | Total Coupon 10.93% | Maturity 9/8/2027
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[1],[2],[16]			9,826,843
Fair Value, Ending Balance	[1],[2],[16]							9,826,843
Investment, Identifier [Axis]: Debt Investments | Textiles, Apparel & Luxury Goods | James Perse Enterprises, Inc. | First Lien Term Loan | SOFR(S) | Floor Rate 1.00% | Spread 6.25% | Total Coupon 11.38% | Maturity 9/8/2027
Schedule Of Investments [Line Items]
Fair Value, Ending Balance	[3],[4],[5],[17]	9,912,646		9,912,646
Investment, Identifier [Axis]: Debt Investments | Trading Companies & Distributors
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[1],[2],[16]			3,342,087
Fair Value, Ending Balance	[1],[2],[16]							3,342,087
Investment, Identifier [Axis]: Debt Investments | Trading Companies & Distributors | Blackbird Purchaser, Inc. (Ohio Transmission Corp.) | Second Lien Delayed Draw Term Loan | LIBOR(M) | Floor Rate 0.75% | Spread 7.50% | Total Coupon 11.88% | Maturity 4/8/2027
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[1],[2],[16],[19]			(49,315)
Fair Value, Ending Balance	[1],[2],[16],[19]							(49,315)
Investment, Identifier [Axis]: Debt Investments | Trading Companies & Distributors | Blackbird Purchaser, Inc. (Ohio Transmission Corp.) | Second Lien Term Loan | LIBOR(M) | Floor Rate 0.75% | Spread 7.50% | Total Coupon 11.88% | Maturity 4/8/2027
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[1],[2],[16]			3,391,402
Fair Value, Ending Balance	[1],[2],[16]							3,391,402
Investment, Identifier [Axis]: Debt Investments | Trading Companies & Distributors | Blackbird Purchaser, Inc. (Ohio Transmission Corp.) | Second Lien Term Loan | SOFR(M) | Floor Rate 0.75% | Spread 7.50% | Total Coupon 12.70% | Maturity 4/8/2027
Schedule Of Investments [Line Items]
Fair Value, Ending Balance	[3],[4],[5],[17]	3,451,925		3,451,925
Investment, Identifier [Axis]: Debt Investments | Wireless Telecommunication Services | OpenMarket, Inc. (Infobip) (United Kingdom) | First Lien Term Loan | LIBOR(Q) | Floor Rate 0.75% | Spread 6.25% | Total Coupon 10.98% | Maturity 9/17/2026
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[1],[2],[16],[22],[23]			4,781,475
Fair Value, Ending Balance	[1],[2],[16],[22],[23]							4,781,475
Investment, Identifier [Axis]: Debt Investments | Wireless Telecommunication Services | OpenMarket, Inc. (Infobip) (United Kingdom) | First Lien Term Loan | LIBOR(Q) | Floor Rate 0.75% | Spread 6.25% | Total Coupon 11.41% | Maturity 9/17/2026
Schedule Of Investments [Line Items]
Fair Value, Ending Balance	[3],[4],[5],[17],[25],[26]	4,840,286		4,840,286
Investment, Identifier [Axis]: Equity Securities
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[1],[2]			10,223,080
Fair Value, Ending Balance		3,931,932	[3],[4],[5]	3,931,932	[3],[4],[5]			10,223,080	[1],[2]
Investment, Identifier [Axis]: Equity Securities | Capital Markets
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[1],[2]			38,478
Fair Value, Ending Balance		36,007	[3],[4],[5]	36,007	[3],[4],[5]			38,478	[1],[2]
Investment, Identifier [Axis]: Equity Securities | Capital Markets | Marico Holdings, LLC | Limited Partnership/Limited Liability Company Interests
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[1],[2]			0
Fair Value, Ending Balance	[1],[2]							0
Investment, Identifier [Axis]: Equity Securities | Capital Markets | Marsico Holdings, LLC | Limited Partnership/Limited Liability Company Interests
Schedule Of Investments [Line Items]
Fair Value, Ending Balance	[3],[4],[5],[40],[41]	0		0
Investment, Identifier [Axis]: Equity Securities | Capital Markets | Pico Quantitative Trading Holdings, LLC | Warrants to Purchase Membership Units | Expiration 2/7/2030
Schedule Of Investments [Line Items]
Fair Value, Ending Balance	[3],[4],[5],[40],[41]	36,007		36,007
Investment, Identifier [Axis]: Equity Securities | Capital Markets | Pico Quantitative Trading Holdings, LLC | Warrants to Purchase Membership Units | Expiration 2/7/2030
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[1],[2]			38,478
Fair Value, Ending Balance	[1],[2]							38,478
Investment, Identifier [Axis]: Equity Securities | Chemicals
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[1],[2]			0
Fair Value, Ending Balance		0	[3],[4],[5]	0	[3],[4],[5]			0	[1],[2]
Investment, Identifier [Axis]: Equity Securities | Chemicals | AGY Equity, LLC | Class A Preferred Stock
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[1],[2]			0
Fair Value, Ending Balance		0	[3],[4],[5],[40],[41],[42]	0	[3],[4],[5],[40],[41],[42]			0	[1],[2]
Investment, Identifier [Axis]: Equity Securities | Chemicals | AGY Equity, LLC | Class B Preferred Stock
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[1],[2],[38],[43]			0
Fair Value, Ending Balance		0	[3],[4],[5],[40],[41],[42]	0	[3],[4],[5],[40],[41],[42]			0	[1],[2],[38],[43]
Investment, Identifier [Axis]: Equity Securities | Chemicals | AGY Equity, LLC | Class C Common Stock
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[1],[2]			0
Fair Value, Ending Balance		0	[3],[4],[5],[40],[41],[42]	0	[3],[4],[5],[40],[41],[42]			0	[1],[2]
Investment, Identifier [Axis]: Equity Securities | Diversified Consumer Services
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[1],[2]			1,431,195
Fair Value, Ending Balance		1,072,876	[3],[4],[5]	1,072,876	[3],[4],[5]			1,431,195	[1],[2]
Investment, Identifier [Axis]: Equity Securities | Diversified Consumer Services | Elevate Brands Holdco Inc. | Warrants to Purchase Common Stock | Expiration 3/14/2032
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[1],[2]			31,965
Fair Value, Ending Balance		31,540	[3],[4],[5],[40],[41]	31,540	[3],[4],[5],[40],[41]			31,965	[1],[2]
Investment, Identifier [Axis]: Equity Securities | Diversified Consumer Services | Elevate Brands Holdco Inc. | Warrants to Purchase Preferred Stock | Expiration 3/14/2032
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[1],[2]			25,645
Fair Value, Ending Balance		25,402	[3],[4],[5],[40],[41]	25,402	[3],[4],[5],[40],[41]			25,645	[1],[2]
Investment, Identifier [Axis]: Equity Securities | Diversified Consumer Services | MXP Prime Platform GmbH (SellerX) (Germany) | Warrants to Purchase Preferred Series B Shares | Expiration 11/23/2028
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[1],[2]			97,941
Fair Value, Ending Balance		104,656	[3],[4],[5],[25],[26],[40],[41]	104,656	[3],[4],[5],[25],[26],[40],[41]			97,941	[1],[2]
Investment, Identifier [Axis]: Equity Securities | Diversified Consumer Services | PerchHQ LLC | Warrants to Purchase Common Stock | Expiration 10/15/2027
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[1],[2]			252,226
Fair Value, Ending Balance		46,641	[3],[4],[5],[40],[41],[44]	46,641	[3],[4],[5],[40],[41],[44]			252,226	[1],[2]
Investment, Identifier [Axis]: Equity Securities | Diversified Consumer Services | Razor Group GmbH (Germany) | Warrants to Purchase Preferred Series A1 Shares | Expiration 4/28/2028
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[1],[2]			702,914
Fair Value, Ending Balance		554,434	[3],[4],[5],[25],[26],[40],[41]	554,434	[3],[4],[5],[25],[26],[40],[41]			702,914	[1],[2]
Investment, Identifier [Axis]: Equity Securities | Diversified Consumer Services | Razor Group GmbH (Germany) | Warrants to Purchase Series C Shares | Expiration 4/28/2028
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[1],[2]			320,504
Fair Value, Ending Balance		310,203	[3],[4],[5],[25],[26],[40],[41]	310,203	[3],[4],[5],[25],[26],[40],[41]			320,504	[1],[2]
Investment, Identifier [Axis]: Equity Securities | Diversified Financial Services
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[1],[2]			187,336
Fair Value, Ending Balance		86,131	[3],[4],[5]	86,131	[3],[4],[5]			187,336	[1],[2]
Investment, Identifier [Axis]: Equity Securities | Diversified Financial Services | Gordon Brothers Finance Company | Common Stock
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[1],[2]			0
Fair Value, Ending Balance		0	[3],[4],[5],[40],[42]	0	[3],[4],[5],[40],[42]			0	[1],[2]
Investment, Identifier [Axis]: Equity Securities | Diversified Financial Services | Gordon Brothers Finance Company | Preferred Stock | Total Coupon 13.50%
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[1],[2]			0
Fair Value, Ending Balance		0	[3],[4],[5],[32],[40],[42]	0	[3],[4],[5],[32],[40],[42]			0	[1],[2]
Investment, Identifier [Axis]: Equity Securities | Diversified Financial Services | Worldremit Group Limited (United Kingdom) | Warrants to Purchase Series D Stock | Expiration 2/11/2031
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[1],[2]			183,658
Fair Value, Ending Balance		85,201	[3],[4],[5],[25],[26],[40],[41]	85,201	[3],[4],[5],[25],[26],[40],[41]			183,658	[1],[2]
Investment, Identifier [Axis]: Equity Securities | Diversified Financial Services | Worldremit Group Limited (United Kingdom) | Warrants to Purchase Series E Stock | Expiration 8/27/2031
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[1],[2]			3,678
Fair Value, Ending Balance		930	[3],[4],[5],[25],[26],[40],[41]	930	[3],[4],[5],[25],[26],[40],[41]			3,678	[1],[2]
Investment, Identifier [Axis]: Equity Securities | Household Durables Stitch Holdings, L.P. | Limited Partnership/Limited Liability Company Interests
Schedule Of Investments [Line Items]
Fair Value, Ending Balance	[3],[4],[5],[40],[41]	0		0
Investment, Identifier [Axis]: Equity Securities | Household Durables | Stitch Holdings, L.P. | Limited Partnership/Limited Liability Company Interests
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[1],[2]			4,373,400
Fair Value, Ending Balance	[1],[2]							4,373,400
Investment, Identifier [Axis]: Equity Securities | Internet Software & Services
Schedule Of Investments [Line Items]
Fair Value, Ending Balance	[3],[4],[5]	273,000		273,000
Investment, Identifier [Axis]: Equity Securities | Internet Software & Services | FinancialForce.com, Inc. | Warrants to Purchase Series C Preferred Stock | Expiration 1/30/2029
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[1],[2]			211,350
Fair Value, Ending Balance		273,000	[3],[5],[40],[41]	273,000	[3],[5],[40],[41]			211,350	[1],[2]
Investment, Identifier [Axis]: Equity Securities | Internet Software & Services | SuCo Investors, LP (Suited Connector) | Warrants to Purchase Class A Units | Expiration 3/6/2033
Schedule Of Investments [Line Items]
Fair Value, Ending Balance	[3],[4],[5],[40],[41]	0		0
Investment, Identifier [Axis]: Equity Securities | Media | MBS Parent, LLC | Limited Partnership/Limited Liability Company Interests
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[1],[2]			0
Fair Value, Ending Balance		49,500	[3],[4],[5],[40],[45]	49,500	[3],[4],[5],[40],[45]			0	[1],[2]
Investment, Identifier [Axis]: Equity Securities | Metals & Mining | Kemmerer Holdings, LLC (WMLP) | Limited Partnership/Limited Liability Company Interests
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[1],[2]			1,618,248
Fair Value, Ending Balance	[1],[2]							1,618,248
Investment, Identifier [Axis]: Equity Securities | Oil, Gas & Consumable Fuels
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[1],[2]			0
Fair Value, Ending Balance		0	[3],[4],[5]	0	[3],[4],[5]			0	[1],[2]
Investment, Identifier [Axis]: Equity Securities | Oil, Gas & Consumable Fuels | TER Management Resources, LLC (fka ETX Energy Management Company, LLC) | Limited Partnership/Limited Liability Company Interests
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[1],[2]			0
Fair Value, Ending Balance		0	[3],[4],[5],[40]	0	[3],[4],[5],[40]			0	[1],[2]
Investment, Identifier [Axis]: Equity Securities | Oil, Gas & Consumable Fuels | Trailblazer Energy Resources, LLC (fka ETX Energy, LLC) | Limited Partnership/Limited Liability Company Interests
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[1],[2]			0
Fair Value, Ending Balance		0	[3],[4],[5],[40],[44]	0	[3],[4],[5],[40],[44]			0	[1],[2]
Investment, Identifier [Axis]: Equity Securities | Software | Grey Orange International Inc. | Warrants to Purchase Common Stock | Expiration 5/6/2032
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[1],[2]			8,849
Fair Value, Ending Balance		14,302	[3],[4],[5],[40],[41]	14,302	[3],[4],[5],[40],[41]			8,849	[1],[2]
Investment, Identifier [Axis]: Equity Securities | Trading Companies & Distributors | Blackbird Holdco, Inc. (Ohio Transmission Corp.) | Preferred Stock | Total Coupon 12.50% PIK
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[1],[2]			2,354,224
Fair Value, Ending Balance		2,400,116	[3],[4],[5],[24],[41]	2,400,116	[3],[4],[5],[24],[41]			2,354,224	[1],[2]
Investment, Identifier [Axis]: Investments
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[1],[2]			570,489,084
Fair Value, Ending Balance		595,837,411	[3],[4],[5]	595,837,411	[3],[4],[5]			570,489,084	[1],[2]
Investment, Identifier [Axis]: Non-Controlled Affiliate Security
Schedule Of Investments [Line Items]
Dividend Income, Operating				31,794	[6],[7]			456,686	[8],[46]
Fair Value, Beginning Balance				3,574,438	[7]	4,131,978	[46]	4,131,978	[46]
Net realized gain (loss)				(441,906)	[6],[7]			0	[8],[46]
Net increase or decrease in unrealized appreciation or depreciation				(864,398)	[6],[7]			620,438	[8],[46]
Acquisitions				112,178	[7],[47]			347,444	[46],[48]
Dispositions				2,380,312	[7],[49]			(1,525,422)	[46],[50]
Fair Value, Ending Balance	[7]	0		0				3,574,438
Investment, Identifier [Axis]: Non-Controlled Affiliate Security | AGY Equity, LLC | Class A Preferred Stock
Schedule Of Investments [Line Items]
Dividend Income, Operating				0	[6],[7]			0	[8],[46]
Fair Value, Beginning Balance				0	[7]	251,736	[46]	251,736	[46]
Net realized gain (loss)				0	[6],[7]			0	[8],[46]
Net increase or decrease in unrealized appreciation or depreciation				0	[6],[7]			(251,736)	[8],[46]
Acquisitions				0	[7],[47]			0	[46],[48]
Dispositions				0	[7],[49]			0	[46],[50]
Fair Value, Ending Balance	[7]	0		0				0
Investment, Identifier [Axis]: Non-Controlled Affiliate Security | AGY Equity, LLC | Class B Preferred Stock
Schedule Of Investments [Line Items]
Dividend Income, Operating				0	[6],[7]			0	[8],[46]
Fair Value, Beginning Balance				0	[7]	0	[46]	0	[46]
Net realized gain (loss)				0	[6],[7]			0	[8],[46]
Net increase or decrease in unrealized appreciation or depreciation				0	[6],[7]			0	[8],[46]
Acquisitions				0	[7],[47]			0	[46],[48]
Dispositions				0	[7],[49]			0	[46],[50]
Fair Value, Ending Balance	[7]	0		0				0
Investment, Identifier [Axis]: Non-Controlled Affiliate Security | AGY Equity, LLC | Class C Common Stock
Schedule Of Investments [Line Items]
Dividend Income, Operating				0	[6],[7]			0	[8],[46]
Fair Value, Beginning Balance				0	[7]	0	[46]	0	[46]
Net realized gain (loss)				0	[6],[7]			0	[8],[46]
Net increase or decrease in unrealized appreciation or depreciation				0	[6],[7]			0	[8],[46]
Acquisitions				0	[7],[47]			0	[46],[48]
Dispositions				0	[7],[49]			0	[46],[50]
Fair Value, Ending Balance	[7]	0		0				0
Investment, Identifier [Axis]: Non-Controlled Affiliate Security | Kemmerer Holdings, LLC (WMLP) | Limited Liability Co. Interest
Schedule Of Investments [Line Items]
Dividend Income, Operating				0	[6],[7],[51]			0	[8],[46]
Fair Value, Beginning Balance				1,618,248	[7],[9],[51]	746,074	[46]	746,074	[46]
Net realized gain (loss)				(441,906)	[6],[7],[51]			0	[8],[46]
Net increase or decrease in unrealized appreciation or depreciation				(864,398)	[6],[7],[51]			872,174	[8],[46]
Acquisitions				0	[7],[47],[51]			0	[46],[48]
Dispositions				311,944	[7],[49],[51]			0	[46],[50]
Fair Value, Ending Balance	[7],[51]	0		0				1,618,248	[9]
Investment, Identifier [Axis]: Non-Controlled Affiliate Security | Kemmerer Operations, LLC (WMLP) | Delayed Draw Term Loan, First Lien
Schedule Of Investments [Line Items]
Dividend Income, Operating				0	[6],[7],[51]			1,170	[8],[46]
Fair Value, Beginning Balance				0	[7],[51]	42,550	[46]	42,550	[46]
Net realized gain (loss)				0	[6],[7],[51]			0	[8],[46]
Net increase or decrease in unrealized appreciation or depreciation				0	[6],[7],[51]			0	[8],[46]
Acquisitions				0	[7],[47],[51]			1,188	[46],[48]
Dispositions				0	[7],[49],[51]			(43,738)	[46],[50]
Fair Value, Ending Balance	[7],[51]	0		0				0
Investment, Identifier [Axis]: Non-Controlled Affiliate Security | Kemmerer Operations, LLC (WMLP) | Senior Secured Loan, First Lien
Schedule Of Investments [Line Items]
Dividend Income, Operating				31,794	[6],[7],[51]			455,516	[8],[46]
Fair Value, Beginning Balance				1,956,190	[7],[51]	$ 3,091,618	[46]	3,091,618	[46]
Net realized gain (loss)				0	[6],[7],[51]			0	[8],[46]
Net increase or decrease in unrealized appreciation or depreciation				0	[6],[7],[51]			0	[8],[46]
Acquisitions				112,178	[7],[47],[51]			346,256	[46],[48]
Dispositions				2,068,368	[7],[49],[51]			(1,481,684)	[46],[50]
Fair Value, Ending Balance	[7],[51]	$ 0		$ 0				$ 1,956,190

[1] As of December 31, 2022, the Company generally uses Global Industry Classification Standard (“GICS”) codes to identify the industry groupings. This information is unaudited.

[2] Unless otherwise indicated, all investments are considered Level 3 in accordance with ASC Topic 820 (see Note 2).

[3] Pursuant to Rule 2a-5 under the Investment Company Act of 1940 (the "1940 Act"), the Company's Board of Directors designated the Advisor as the valuation designee to perform certain fair value functions, including performing fair value determinations. See Note 2 for further details.

[4] The Company generally uses Global Industry Classification Standard (“GICS”) codes to identify the industry groupings. This information is unaudited.

[5] Unless otherwise indicated, all investments are considered Level 3 in accordance with ASC Topic 820 (see Note 2).

[6] Amounts reported above are for the six months ended June 30, 2023. Dividends and interest income also includes fee income as applicable.

[7] The issuers of the securities listed on this schedule are considered non-controlled, affiliated investments under the 1940 Act due to the ownership by the Company of 5% to 25% of the issuers’ voting securities.

[8] Amounts reported above are for the year ended December 31, 2022. Dividends and interest income also includes fee income as applicable.

[9] The issuers of the securities listed on this schedule are considered controlled affiliates under the 1940 Act due to the ownership by the Company of more than 25% of the issuers’ voting securities. (2) Amounts reported above are for the year ended December 31, 2022. Dividends and interest income also includes fee income as applicable.

[10] The issuers of securities listed on this schedule are considered controlled affiliates under the 1940 Act due to the ownership by the Company of more than 25% of the issuers’ voting securities.

[11] Amounts reported above are for the six months ended June 30, 2023. Dividends and interest income also includes fee income as applicable.

[12] Acquisitions include increases in the cost basis of investments resulting from new purchases, PIK income, or amortization of original issue and market discounts for the six months ended June 30, 2023.

[13] Acquisitions include increases in the cost basis of investments resulting from new portfolio investments, PIK interest or dividends, the amortization of unearned income, the exchange of one or more existing securities for one or more new securities and the movement of an existing portfolio company into this category from a different category for the year ended December 31, 2022.

[14] Dispositions include decreases in the cost basis of investments, net of realized gain or loss, resulting from principal collections related to investment repayments or sales, the exchange of one or more existing securities for one or more new securities and the movement of an existing portfolio company out of this category into a different category for the six months ended June 30, 2023.

[15] Dispositions include decreases in the cost basis of investments, net of realized gain or loss, resulting from principal collections related to investment repayments or sales, the exchange of one or more existing securities for one or more new securities and the movement of an existing portfolio company out of this category into a different category for the year ended December 31, 2022.

[16] Pursuant to Rule 2a-5 under the Investment Company Act of 1940 (the "1940 Act"), the Company's Board of Directors designated the Advisor as the valuation designee to perform certain fair value functions, including performing fair value determinations. See Note 2 for further details.

[17] Approximately 99.5% of the fair value of total senior secured loans in the Company’s portfolio bear interest at a floating rate that may be determined by reference to the London Interbank Offered Rate (“LIBOR”), “L”, Secured Overnight Financing Rate (“SOFR”), “S”, or other base rate (commonly the Federal Funds Rate or the Prime Rate), “P”, at the borrower’s option. In addition, 94.3% of the fair value of such senior secured loans have floors of 0.50% to 2.00%. The borrower under a senior secured loan generally has the option to select from interest reset periods of one, two, three or six months and may alter that selection at the end of any reset period. The stated interest rate represents the weighted average interest rate at June 30, 2023 of all contracts within the specified loan facility. LIBOR and SOFR reset monthly (M), quarterly (Q) or semiannually (S).

[18] Approximately 99.2% of the fair value of total senior secured loans in the Company’s portfolio bear interest at a floating rate that may be determined by reference to the London Interbank Offered Rate (“LIBOR”), “L”, Secured Overnight Financing Rate (“SOFR”), “S”, or other base rate (commonly the Federal Funds Rate or the Prime Rate), “P”, at the borrower’s option. In addition, 94.2% of the fair value of such senior secured loans have floors of 0.50% to 1.80%. The borrower under a senior secured loan generally has the option to select from interest reset periods of one, two, three or six months and may alter that selection at the end of any reset period. The stated interest rate represents the weighted average interest rate at December 31, 2022 of all contracts within the specified loan facility. LIBOR and SOFR reset monthly (M), quarterly (Q) or semiannually (S).

[19] Position or associated portfolio company thereof has an unfunded commitment as of December 31, 2022 (see Note 9). Note that there may be additional unfunded positions which do not have a funded component at period end, and therefore are not displayed herein. Any negative balances represent unfunded commitments that were acquired and/or valued at a discount.

[20] Position or associated portfolio company thereof has an unfunded commitment as of June 30, 2023 (see Note 9). Any negative balances represent unfunded commitments that were acquired and/or valued at a discount.

[21] Portions of the loan bear interest using a combination of LIBOR, SOFR and/or at the Prime rate. The total coupon represents the weighted average interest rate at June 30, 2023 of all contracts within the loan facility.

[22] Investments that the Company has determined are not “qualifying assets” under Section 55(a) of the 1940 Act. Under the 1940 Act, we may not acquire any non-qualifying asset unless, at the time such acquisition is made, qualifying assets represent at least 70% of our total assets. The status of these assets under the 1940 Act may be subject to change. The Company monitors the status of these assets on an ongoing basis. As of December 31, 2022, approximately 15.0% of the total assets of the Company were not qualifying assets under Section 55(a) of the 1940 Act.

[23] Non-U.S. company or principal place of business outside the U.S.

[24] Interest may be paid in cash or payment-in-kind (“PIK”), or a combination thereof which is generally at the option of the borrower. PIK earned is included in the cost basis of the security. In accordance with the Company’s policy, PIK is recorded on an effective interest method.

[25] Investments that the Company has determined are not “qualifying assets” under Section 55(a) of the 1940 Act. Under the 1940 Act, we may not acquire any non-qualifying asset unless, at the time such acquisition is made, qualifying assets represent at least 70% of our total assets. The status of these assets under the 1940 Act may be subject to change. The Company monitors the status of these assets on an ongoing basis. As of June 30, 2023, approximately 15.8% of the total assets of the Company were not qualifying assets under Section 55(a) of the 1940 Act.

[26] Non-U.S. company or principal place of business outside the U.S.

[27] Interest may be paid in cash or payment-in-kind (“PIK”), or a combination thereof which is generally at the option of the borrower. PIK earned is included in the cost basis of the security. In accordance with the Company’s policy, PIK is recorded on an effective interest method.

[28] Investments are considered other than Level 3 in accordance with ASC Topic 820 (see Note 2).

[29] Investments are considered other than Level 3 in accordance with ASC Topic 820 (see Note 2).

[30] This investment will have a first lien security interest after the senior tranches are repaid.

[31] This investment will have a first lien security interest after the senior tranches are repaid.

[32] The investment is on non-accrual status as of June 30, 2023 and therefore non-income producing. At June 30, 2023, the aggregate fair value and amortized cost of the Company’s debt and preferred stock investments on non-accrual status represents 2.5% and 11.0% of the Company's debt and preferred stock investments at fair value and amortized cost, respectively.

[33] Total coupon includes default interest of 2.00%.

[34] Transaction and other information for “controlled” investments under the 1940 Act, whereby the Company owns more than 25% of the portfolio company’s outstanding voting securities, is presented in a separate table of the Consolidated Schedules of Investments.

[35] The investment is on non-accrual status as of December 31, 2022 and therefore non-income producing. At December 31, 2022, the aggregate fair value and amortized cost of the Company’s debt and preferred stock investments on non-accrual status represents 2.8% and 11.8% of the Company's debt and preferred stock investments at fair value and amortized cost, respectively.

[36] Total coupon includes default interest of 2.00%.

[37] Transaction and other information for “controlled” investments under the 1940 Act, whereby the Company owns more than 25% of the portfolio company’s outstanding voting securities, is presented in a separate table of the Consolidated Schedules of Investments.

[38] Securities are either exempt from registration under Rule 144A of the Securities Act, or sale of the security is subject to certain contractual restrictions. Securities that are exempt from registration under 144A may be resold in transactions, normally to qualified institutional buyers. In aggregate, these securities represent 2.9% of the Company’s net assets at December 31, 2022. The acquisition dates for restricted securities of unaffiliated issuers were as follows as of December 31, 2022: Investment   Initial Acquisition Date Marsico Holdings, LLC, Limited Partnership/Limited Liability Company Interests   11/28/2007 FinancialForce.com, Warrants to Purchase Series C Preferred Stock   1/30/2019 Pico Quantitative Trading Holdings, LLC, Warrants to Purchase Membership Units   2/7/2020 Worldremit Group Limited (United Kingdom), Warrants to Purchase Series D Stock   2/11/2021 Advanced Lighting Technologies, LLC, Senior Secured Notes   3/16/2021 Razor Group GmbH (Germany), Warrants to Purchase Preferred Series A1 Shares   4/28/2021 Stitch Holdings, L.P., Limited Partnership Interests   7/30/2021 Worldremit Group Limited (United Kingdom), Warrants to Purchase Series E Stock   8/27/2021 MXP Prime Platform GmbH (SellerX) (Germany), Warrants to Purchase Preferred Series B Shares   11/23/2021 Blackbird Holdco, Inc. (Ohio Transmission Corp.), Preferred Stock   12/14/2021 Elevate Brands Holdco Inc., Warrants to Purchase Common Stock   3/14/2022 Elevate Brands Holdco Inc., Warrants to Purchase Preferred Stock   3/14/2022 Grey Orange International Inc., Warrants to Purchase Common Stock   5/6/2022 PerchHQ LLC, Warrants to Purchase Common Stock   9/30/2022 Razor Group GmbH (Germany), Warrants to Purchase Series C Shares   12/23/2022

[39] Portions of the loan bear interest using a combination of LIBOR, SOFR, and/or the Prime rate. The total coupon represents the weighted average interest rate at December 31, 2022 of all contracts within the loan facility.

[40] Non-income producing equity securities at June 30, 2023.

[41] Security is either exempt from registration under Rule 144A of the Securities Act of 1933 (the “Securities Act”), or sale of the security is subject to certain contractual restrictions. Securities that are exempt from registration under 144A may be resold in transactions, normally to qualified institutional buyers. In aggregate, these securities represent 1.2% of the Company’s net assets at June 30, 2023. The acquisition dates for restricted securities of unaffiliated issuers were as follows as of June 30, 2023: Investment   Initial Acquisition Date Marsico Holdings, LLC, Limited Partnership/Limited Liability Company Interests   11/28/2007 FinancialForce.com, Warrants to Purchase Series C Preferred Stock   1/30/2019 Pico Quantitative Trading Holdings, LLC, Warrants to Purchase Membership Units   2/7/2020 Worldremit Group Limited (United Kingdom), Warrants to Purchase Series D Stock   2/11/2021 Razor Group GmbH (Germany), Warrants to Purchase Preferred Series A1 Shares   4/28/2021 Stitch Holdings, L.P., Limited Partnership Interests   7/30/2021 Worldremit Group Limited (United Kingdom), Warrants to Purchase Series E Stock   8/27/2021 MXP Prime Platform GmbH (SellerX) (Germany), Warrants to Purchase Preferred Series B Shares   11/23/2021 Blackbird Holdco, Inc. (Ohio Transmission Corp.), Preferred Stock   12/14/2021 Elevate Brands Holdco Inc., Warrants to Purchase Common Stock   3/14/2022 Elevate Brands Holdco Inc., Warrants to Purchase Preferred Stock   3/14/2022 Grey Orange International Inc., Warrants to Purchase Common Stock   5/6/2022 PerchHQ LLC, Warrants to Purchase Common Stock   9/30/2022 Razor Group GmbH (Germany), Warrants to Purchase Series C Shares   12/23/2022 SuCo Investors, LP (Suited Connector), Warrants to Purchase Class A Units   3/6/2023

[42] Transaction and other information for “non-controlled, affiliated” investments under the 1940 Act, whereby the Company owns 5% or more (but not more than 25%) of the portfolio company’s outstanding voting securities, is presented in a separate table of the Consolidated Schedules of Investments.

[43] Non-income producing equity securities at December 31, 2022.

[44] The Company is the sole stockholder of BKC ASW Blocker, Inc., a consolidated subsidiary, which is the beneficiary of less than 5% of the voting securities of Trailblazer Energy Resources, LLC (fka ETX Energy, LLC) and PerchHQ LLC and thus non-controlled, non-affiliated investments.

[45] The Company is the sole stockholder of BCIC-MBS, LLC, a consolidated subsidiary, which is the beneficiary of less than 5% of the voting securities of MBS Parent, LLC and thus a non-controlled, non-affiliated investment.

[46] The issuers of the securities listed on this schedule are considered non-controlled, affiliated investments under the 1940 Act due to the ownership by the Company of 5% to 25% of the issuers’ voting securities.

[47] Acquisitions include increases in the cost basis of investments resulting from new purchases, PIK income, or amortization of original issue and market discounts for the six months ended June 30, 2023.

[48] Acquisitions include new purchases, PIK income and amortization of original issue and market discounts, and the movement of an existing portfolio company into this category from a different category for the year ended December 31, 2022.

[49] Dispositions include decreases in the cost basis of investments, net of realized gain or loss, resulting from principal collections related to investment repayments or sales, the exchange of one or more existing securities for one or more new securities and the movement of an existing portfolio company out of this category into a different category for the six months ended June 30, 2023.

[50] Dispositions include decreases in the cost basis of investments, net of realized gain or loss, resulting from principal collections related to investment repayments or sales, the exchange of one or more existing securities for one or more new securities and the movement of an existing portfolio company out of this category into a different category for the year ended December 31, 2022.

[51] Investment no longer held as of June 30, 2023.

XML

Consolidated Schedules of Investments (Affiliate Security) (Unaudited) (Parenthetical)	Jun. 30, 2023	Dec. 31, 2022
Investment, Identifier [Axis]: Cash and Cash Equivalents
Schedule Of Investments [Line Items]
Percentage of aggregate fair value of net assets	4.00%	3.00%
Investment, Identifier [Axis]: Cash and Investments
Schedule Of Investments [Line Items]
Percentage of aggregate fair value of net assets	193.70%	182.10%
Investment, Identifier [Axis]: Controlled Affiliated Investments
Schedule Of Investments [Line Items]
Percentage of aggregate fair value of net assets	4.80%	4.80%
Investment, Identifier [Axis]: Debt Investments
Schedule Of Investments [Line Items]
Percentage of aggregate fair value of net assets	188.50%	175.90%
Investment, Identifier [Axis]: Equity Securities
Schedule Of Investments [Line Items]
Percentage of aggregate fair value of net assets	1.20%	3.20%
Investment, Identifier [Axis]: Investments
Schedule Of Investments [Line Items]
Percentage of aggregate fair value of net assets	189.70%	179.10%
Investment, Identifier [Axis]: Non Controlled Affiliated Investments
Schedule Of Investments [Line Items]
Percentage of aggregate fair value of net assets	0.00%	1.10%

XML

Pay vs Performance Disclosure - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Pay vs Performance Disclosure
Net Income (Loss)	$ 1,503,691	$ (2,540,160)	$ 10,021,088	$ 2,982,214

XML

Insider Trading Arrangements	6 Months Ended
	Jun. 30, 2023
Trading Arrangements, by Individual
Rule 10b5-1 Arrangement Adopted	false
Non-Rule 10b5-1 Arrangement Adopted	false
Rule 10b5-1 Arrangement Terminated	false
Non-Rule 10b5-1 Arrangement Terminated	false

XML

N-2 - $ / shares

3 Months Ended

6 Months Ended

Jun. 30, 2023

Mar. 31, 2023

Dec. 31, 2022

Sep. 30, 2022

Jun. 30, 2022

Mar. 31, 2022

Dec. 31, 2021

Sep. 30, 2021

Jun. 30, 2021

Mar. 31, 2021

Jun. 30, 2023

Cover [Abstract]

Entity Central Index Key

0001326003

Amendment Flag

false

Securities Act File Number

814-00712

Document Type

10-Q

Entity Registrant Name

BLACKROCK CAPITAL INVESTMENT CORPORATION

Entity Address, Address Line One

50 Hudson Yards

Entity Address, City or Town

New York

Entity Address, State or Province

NY

Entity Address, Postal Zip Code

10001

City Area Code

212

Local Phone Number

810-5800

Entity Emerging Growth Company

false

General Description of Registrant [Abstract]

Investment Objectives and Practices [Text Block]

We were incorporated in Delaware on April 13, 2005 and commenced operations with private funding on July 25, 2005, and completed our initial public offering on July 2, 2007. Our investment objective is to generate both current income and capital appreciation through debt and equity investments. We invest primarily in middle-market companies in the form of senior debt securities and loans, and our investment portfolio may include junior secured and unsecured debt securities and loans, each of which may include an equity component.

Risk Factors [Table Text Block]

Item 1A. Risk Factors

In addition to the other information set forth in this report, you should carefully consider the risk factor discussed below and the risk factors in our Annual Report on Form 10-K for the fiscal year ended December 31, 2022 (the “Annual Report”), which could materially affect our business, financial condition and/or operating results. The risks described in our Annual Report and discussed below are not the only risks facing us. Additional risks and uncertainties not currently known to us or that we currently deem to be immaterial also may materially and adversely affect our business, financial condition and/or operating results.

The U.S. and global capital markets are subject to systemic risk that could adversely affect our business, financial condition and results of operations.

Issuers, national and regional banks, financial institutions and other participants in the U.S. and global capital markets are closely interrelated as a result of credit, trading, clearing, technology and other relationships. A significant adverse development (such as a bank run, insolvency, bankruptcy or default) with one or more national or regional banks, financial institutions or other participants in the financial or capital markets may spread to others and lead to significant concentrated or market-wide problems (such as defaults, liquidity problems, impairment charges, additional bank runs and/or losses) for other participants in these markets. Future developments, including actions taken by the U.S. Department of Treasury, Federal Deposit Insurance Corporation ("FDIC"), Federal Reserve Board, and systemic risk in the U.S. and global banking sectors and broader economies in general, are difficult to assess and quantify, and the form and magnitude of such developments or other actions of the U.S. Department of Treasury, FDIC and Federal Reserve Board may remain unknown for significant periods of time and could have an adverse effect on the Company.

For example, in response to the rapidly declining financial condition of regional banks Silicon Valley Bank (“SVB”) and Signature Bank (“Signature”), the California Department of Financial Protection and Innovation (the “CDFPI”) and the New York State Department of Financial Services (the “NYSDFS”) closed SVB and Signature on March 10, 2023 and March 12, 2023, respectively, and the FDIC was appointed as receiver for SVB and Signature. Although the U.S. Department of the Treasury, the Federal Reserve and the FDIC have taken measures to stabilize the financial system, uncertainty and liquidity concerns in the broader financial services industry remain. Additionally, should there be additional systemic pressure on the financial system and capital markets, we cannot assure you of the response of any government or regulator, and any response may not be as favorable to industry participants as the measures currently being pursued. In addition, highly publicized issues related to the U.S. and global capital markets in the past have led to significant and widespread investor concerns over the integrity of the capital markets. The current situation related to SVB and Signature could in the future lead to further rules and regulations for public companies, banks, financial institutions and other participants in the U.S. and global capital markets, and complying with the requirements of any such rules or regulations may be burdensome. Even if not adopted, evaluating and responding to any such proposed rules or regulations could results in increased costs and require significant attention from the Advisor.
 

Share Price [Table Text Block]

Price Range of Common Stock

Our common stock began trading on June 27, 2007 and is currently traded on The NASDAQ Global Select Market under the symbol “BKCC”. The following table lists the high and low closing sale price for our common stock, the closing sale price as a percentage of net asset value, or NAV, and quarterly dividends per share in each fiscal quarter to date for the year ended December 31, 2023, the year ended December 31, 2022 and the year ended December 31, 2021. On June 30, 2023, the reported closing price of our common stock was $3.28 per share.

			Stock Price				Premium/(Discount) of			Premium/(Discount) of
	NAV(1)		High(2)		Low(2)		High Sales Price to NAV(3)			Low Sales Price to NAV(3)			Declared Dividends
Fiscal Year ended December 31, 2023
First Quarter	$	4.41	$	3.81	$	3.30		(14	)%		(25	)%	$	0.10
Second Quarter	$	4.33	$	3.59	$	3.05		(17	)%		(30	)%	$	0.10
Fiscal Year ended December 31, 2022
First Quarter	$	4.70	$	4.25	$	4.00		(10	)%		(15	)%	$	0.10
Second Quarter	$	4.57	$	4.34	$	3.46		(5	)%		(24	)%	$	0.10
Third Quarter	$	4.56	$	4.02	$	3.38		(12	)%		(26	)%	$	0.10
Fourth Quarter	$	4.39	$	3.90	$	3.42		(11	)%		(22	)%	$	0.10
Fiscal Year ended December 31, 2021
First Quarter	$	4.35	$	3.68	$	2.65		(15	)%		(39	)%	$	0.10
Second Quarter	$	4.68	$	4.43	$	3.48		(5	)%		(26	)%	$	0.10
Third Quarter	$	4.74	$	4.24	$	3.81		(11	)%		(20	)%	$	0.10
Fourth Quarter	$	4.73	$	4.35	$	3.80		(8	)%		(20	)%	$	0.10

(1)NAV per share is determined as of the last day in the relevant quarter and therefore may not reflect the NAV per share on the date of the high and low sales prices. The NAVs shown are based on outstanding shares at the end of each period.

(2)The High/Low Stock Price is calculated as of the closing price on a given day in the applicable quarter.

(3)Calculated as the respective High/Low Stock Price minus the quarter end NAV, divided by the quarter end NAV.

Lowest Price or Bid

$ 3.05

$ 3.3

$ 3.42

$ 3.38

$ 3.46

$ 4

$ 3.8

$ 3.81

$ 3.48

$ 2.65

Highest Price or Bid

$ 3.59

$ 3.81

$ 3.9

$ 4.02

$ 4.34

$ 4.25

$ 4.35

$ 4.24

$ 4.43

$ 3.68

Highest Price or Bid, Premium (Discount) to NAV [Percent]

(17.00%)

(14.00%)

(11.00%)

(12.00%)

(5.00%)

(10.00%)

(8.00%)

(11.00%)

(5.00%)

(15.00%)

Lowest Price or Bid, Premium (Discount) to NAV [Percent]

(30.00%)

(25.00%)

(22.00%)

(26.00%)

(24.00%)

(15.00%)

(20.00%)

(20.00%)

(26.00%)

(39.00%)

Share Price

$ 3.28

$ 3.28

NAV Per Share

$ 4.33

$ 4.41

$ 4.39

$ 4.56

$ 4.57

$ 4.7

$ 4.73

$ 4.74

$ 4.68

$ 4.35

$ 4.33

Systemic Risk [Member]

General Description of Registrant [Abstract]

Risk [Text Block]

The U.S. and global capital markets are subject to systemic risk that could adversely affect our business, financial condition and results of operations.

Issuers, national and regional banks, financial institutions and other participants in the U.S. and global capital markets are closely interrelated as a result of credit, trading, clearing, technology and other relationships. A significant adverse development (such as a bank run, insolvency, bankruptcy or default) with one or more national or regional banks, financial institutions or other participants in the financial or capital markets may spread to others and lead to significant concentrated or market-wide problems (such as defaults, liquidity problems, impairment charges, additional bank runs and/or losses) for other participants in these markets. Future developments, including actions taken by the U.S. Department of Treasury, Federal Deposit Insurance Corporation ("FDIC"), Federal Reserve Board, and systemic risk in the U.S. and global banking sectors and broader economies in general, are difficult to assess and quantify, and the form and magnitude of such developments or other actions of the U.S. Department of Treasury, FDIC and Federal Reserve Board may remain unknown for significant periods of time and could have an adverse effect on the Company.

For example, in response to the rapidly declining financial condition of regional banks Silicon Valley Bank (“SVB”) and Signature Bank (“Signature”), the California Department of Financial Protection and Innovation (the “CDFPI”) and the New York State Department of Financial Services (the “NYSDFS”) closed SVB and Signature on March 10, 2023 and March 12, 2023, respectively, and the FDIC was appointed as receiver for SVB and Signature. Although the U.S. Department of the Treasury, the Federal Reserve and the FDIC have taken measures to stabilize the financial system, uncertainty and liquidity concerns in the broader financial services industry remain. Additionally, should there be additional systemic pressure on the financial system and capital markets, we cannot assure you of the response of any government or regulator, and any response may not be as favorable to industry participants as the measures currently being pursued. In addition, highly publicized issues related to the U.S. and global capital markets in the past have led to significant and widespread investor concerns over the integrity of the capital markets. The current situation related to SVB and Signature could in the future lead to further rules and regulations for public companies, banks, financial institutions and other participants in the U.S. and global capital markets, and complying with the requirements of any such rules or regulations may be burdensome. Even if not adopted, evaluating and responding to any such proposed rules or regulations could results in increased costs and require significant attention from the Advisor.
 

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Organization

6 Months Ended

Jun. 30, 2023

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Organization

1. Organization

BlackRock Capital Investment Corporation (together with its subsidiaries, the “Company”) was organized as a Delaware corporation on April 13, 2005 and was initially funded on July 25, 2005. The Company has elected to be regulated as a business development company (“BDC”) under the Investment Company Act of 1940 (the “1940 Act”). In addition, for tax purposes the Company has qualified and has elected to be treated as a regulated investment company (“RIC”) under the Internal Revenue Code of 1986 (the “Code”).

The Company’s investment objective is to generate both current income and capital appreciation through debt and equity investments. We invest primarily in middle-market companies in the form of senior debt securities and loans, and our investment portfolio may include junior secured and unsecured debt securities and loans, each of which may include an equity component.

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Summary of Significant Accounting Policies

6 Months Ended

Jun. 30, 2023

Accounting Policies [Abstract]

Summary of Significant Accounting Policies

2. Summary of Significant Accounting Policies

Basis of Presentation

The accompanying consolidated financial statements are prepared in accordance with United States (“U.S.”) generally accepted accounting principles (“GAAP”). The Company is an investment company following the accounting and reporting guidance in Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) 946, Financial Services-Investment Company (“ASC 946”).

The accompanying consolidated financial statements include the accounts of the Company and its subsidiaries, which were established to hold certain investments of the Company. The Company owns 100% of each subsidiary and, as such, the subsidiaries are consolidated into the Company’s consolidated financial statements. The subsidiaries hold investments which are treated as pass through entities for tax purposes. By investing through these 100% owned subsidiaries, the Company is able to benefit from corporate tax treatment for these entities and thereby create a tax structure that is more advantageous with respect to the RIC status of the Company. Intercompany balances and transactions are eliminated in consolidation.

Certain prior period information has been reclassified to conform to the current period presentation. The reclassification has no effect on the Company’s consolidated financial position or the consolidated results of operations as previously reported.

Expenses are recorded on an accrual basis.

Unaudited Interim Consolidated Financial Statements

Certain financial information that is normally included in annual financial statements, including certain financial statement footnotes, prepared in accordance with GAAP, is not required for interim reporting purposes and has been condensed or omitted herein. These consolidated financial statements should be read in conjunction with the Company’s consolidated financial statements and notes related thereto included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2022, which was filed with the Securities and Exchange Commission (“SEC”) on March 1, 2023.

The interim financial information at June 30, 2023 and for the three and six months ended June 30, 2023 and 2022 is unaudited. However, in the opinion of management, the interim information includes all normal recurring adjustments necessary for the fair presentation of the Company’s results for the periods presented. The results of operations for interim periods are not necessarily indicative of results to be expected for the full year.

Use of Estimates

The preparation of the consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the consolidated financial statements, as well as the reported amounts of revenues and expenses during the reporting periods presented. Although management believes these estimates and assumptions to be reasonable, actual results could differ from those estimates and such differences could be material.

Investment Valuation

Pursuant to Rule 2a-5 (the "Rule") under the 1940 Act, the Company’s Board of Directors (the "Board") has designated BlackRock Capital Investment Advisors, LLC (“BCIA” or the “Advisor”) as the Company’s valuation designee (the “Valuation Designee”) to perform certain fair value functions, including performing fair value determinations, and has reviewed and approved amended policies and procedures adopted by BCIA to seek to ensure compliance with the requirements of the Rule as part of such designation. The Valuation Designee will provide quarterly valuation reporting and notifications on any material valuation matters to the Board as required under the Rule.

Investments are recorded at fair value based upon the principles and methods of valuation set forth in the Valuation Designee's policies and procedures adopted for the Company by the Board and the Valuation Designee. Securities traded on a recognized securities exchange are valued using the close price on the exchange on valuation date. Investments for which market prices from an exchange are not readily available are valued using the last available bid price or quote provided by an independent pricing service or one or more broker-dealers or market makers, unless they are deemed not to represent fair value. Debt and equity securities for which market quotations are not readily available or for which market quotations are deemed not to represent fair value are valued at fair value as determined in good faith by or under the direction of the Company’s Valuation Designee.

Because the Company expects that there will not be a readily available market for all of the investments in its portfolio, the Company expects to value a significant portion of its portfolio investments at fair value as determined in good faith by or under the direction of the Valuation Designee using a consistently applied valuation process in accordance with documented valuation policies and procedures reviewed and approved by a committee established by the Valuation Designee (the "Valuation Committee"). Due to the inherent uncertainty and subjectivity of determining the fair value of investments that do not have a readily available market value, the fair value of the Company’s investments may differ significantly from the values that would have been used had a readily available market value existed for such investments and may differ materially from the values that the Company may ultimately realize, as these amounts depend on future circumstances and cannot reasonably be determined until the individual investments are actually liquidated. Such circumstances may include macroeconomic, cyclical, geopolitical and other events and conditions such as the COVID-19 pandemic and the Russian military invasion of Ukraine, rising interest rates and risks related to inflation and credit risk, that may significantly impact the profitability or viability of businesses in which the Company is invested, and therefore may significantly impact the return on and realizability of the Company’s investments.

In addition, changes in the market environment and other events may have differing impacts on the market quotations used to value some of the Company’s investments than on the fair values of the Company’s investments for which market quotations are not readily available. Market quotations may be deemed not to represent fair value in certain circumstances where the Valuation Designee believes that facts and circumstances applicable to an issuer, a seller, a purchaser or the market for a particular security cause current market quotations to not reflect the fair value of the security. Examples of these events could include cases where a security trades infrequently causing a quoted purchase or sale price to become stale, where there is a “forced” sale by a distressed seller, where market quotations vary substantially among market makers, or where there is a wide bid-ask spread or significant increase in the bid-ask spread.

With respect to the Company’s investments for which market quotations are not readily available or for which market quotations are deemed not to represent fair value, the Valuation Designee has approved a multi-step valuation process applied each quarter, as described below:

(i)The quarterly valuation process begins with each portfolio company or investment being initially evaluated and rated by the investment professionals of the Valuation Designee responsible for the portfolio investment;

(ii)The investment professionals provide recent portfolio company financial statements and other reporting materials as and when available to independent valuation firms engaged by the Valuation Designee and approved by the Valuation Committee (with the exception of statements and materials related to investments priced directly by the Valuation Designee as described in (iv) below), such firms conduct independent appraisals each quarter and their preliminary valuation conclusions are documented and discussed with senior management of the Advisor;

(iii)The Valuation Committee reviews the preliminary valuations prepared by the independent valuation firm and the Valuation Designee, as applicable;

(iv)The fair value of certain investments, comprising in the aggregate, less than 5% of the Company’s net asset value and no more than 15% of total positions held, respectively, may be determined by the Valuation Designee in good faith without the engagement of an independent valuation firm in accordance with the Company’s valuation policy; provided that if only the threshold with respect to the number of all positions valued at zero or immaterial amounts is exceeded, the Valuation Designee may request the Valuation Committee's approval to not request a fair valuation from an independent valuation firm for all such positions; and

(v)The Valuation Designee discuss valuations and determines the fair value of each investment in the portfolio in good faith based on the input of the Valuation Committee and the respective independent valuation firms.

Those investments for which market quotations are not readily available or for which market quotations are deemed not to represent fair value are valued generally utilizing a market approach, an income approach, or both approaches, as appropriate. The market approach uses prices and other relevant information generated by market transactions involving identical or comparable assets or liabilities (including a business). The income approach uses valuation techniques to convert future amounts (for example, cash flows or earnings) to a single present amount (discounted). The measurement is based on the value indicated by current market expectations about those future amounts. In following these approaches, the types of factors that the Company may take into account in determining the fair value of its investments include, as relevant and among other factors: available current market data, including relevant and applicable market trading and transaction comparables, applicable market yields and multiples, security covenants, call protection provisions, information rights, the nature and realizable value of any collateral, the portfolio company’s ability to make payments, (e.g. non-performance risk), its earnings and discounted cash flows, the markets in which the portfolio company does business, comparisons of financial ratios of peer companies that are public, M&A comparables, the Company’s principal market (as the reporting entity), any bid for a Company asset (irrespective of the perceived validity of such bid), and enterprise values. For positions acquired during the current quarter, the Valuation Designee generally believes that cost will approximate fair

value. As such, an independent valuation, in certain cases, may not be obtained until the quarter-end after the quarter the investment is acquired in.

ASC 820-10, Fair Value Measurements and Disclosures (“ASC 820-10”), issued by the FASB, defines fair value, establishes a framework for measuring fair value and requires disclosures about fair value measurements. ASC 820-10 defines fair value as the price that the Company would receive upon selling an investment or pay to transfer a liability in an orderly transaction to a market participant in the principal or most advantageous market for the investment. ASC 820-10 emphasizes that valuation techniques maximize the use of observable market inputs and minimize the use of unobservable inputs. Inputs refer broadly to the assumptions that market participants would use in pricing an asset or liability, including assumptions about risk. Inputs may be observable or unobservable. Observable inputs are inputs that reflect the assumptions market participants would use in pricing an asset or liability developed based on market data obtained from sources independent of the Company. Unobservable inputs are inputs that reflect the Company’s assumptions about the assumptions market participants would use in pricing an asset or liability developed based on the best information available in the circumstances.

Level 1 – Valuations based on unadjusted quoted prices in active markets for identical assets or liabilities that the Company has the ability to access.

Level 2 – Valuations based on unadjusted quoted prices in markets that are not active or for which most significant inputs are observable, either directly or indirectly.

Level 3 – Valuations based on inputs that are unobservable and significant to the overall fair value measurement. The inputs into the determination of fair value may require significant management judgment or estimation.

Transfers between levels, if any, represent the value as of the beginning of the period of any investment where a change in the pricing level occurred from the beginning to the end of the period.

At June 30, 2023, the Company’s investments were categorized as follows:

Level	Basis for Determining Fair Value	Bank Debt(1)		Other Corporate Debt(2)		Equity Securities		Total
1	Quoted prices in active markets for identical assets	$	—	$	—	$	—	$	—
2	Other direct and indirect observable market inputs(3)		35,656,092		—		—		35,656,092
3	Valuation sources that employ significant unobservable inputs		535,307,387		20,942,000		3,931,932		560,181,319
Total		$	570,963,479	$	20,942,000	$	3,931,932	$	595,837,411

(1)Includes senior secured loans.

(2)Includes senior secured notes, unsecured debt and subordinated debt.

(3)For example, quoted prices in inactive markets or quotes for comparable investments.

Unobservable inputs used in the fair value measurement of Level 3 investments as of June 30, 2023 included the following:

Asset Type	Fair Value		Valuation Technique	Unobservable Input	Weighted Average Range(1) (Concluded Value)(2)
Bank Debt	$	505,516,761	Income approach	Discount rate	13.0% - 13.8% (13.5%)
		26,825,380	Market quotations	Indicative bid/ask quotes	1 (1)
		1,189,932	Market comparable companies	Revenue multiples	0.5x - 0.7x (0.6x)
		1,775,314	Option Pricing Model	Implied volatility	60.0% - 70.0% (65.0%)
				Term	1.3 years - 2.3 years (1.8 years)
				EBITDA/Revenue multiples	1.8x - 2.3x (2.0x)
Other Corporate Debt		20,942,000	Income approach	Discount rate	13.8% - 15.3% (14.4%)
Equity		1,399,668	Option Pricing Model	EBITDA/Revenue multiples	2.4x - 2.9x (2.7x)
				Implied volatility	57.8% - 67.8% (62.8%)
				Term	1.5 years - 2.5 years (2.0 years)
		2,400,116	Income approach	Discount rate	13.4% - 13.9% (13.6%)
		132,148	Market comparable companies	Revenue multiples	2.3x - 2.6x (2.5x)
	$	560,181,319

(1)Representing the weighted average of each significant unobservable input range at the investment level by fair value.

(2)Representing the weighted average of each significant unobservable input for concluded value at the investment level by fair value.

Certain fair value measurements may employ more than one valuation technique, with each valuation technique receiving a relative weight between 0% and 100%. Generally, a change in an unobservable input may result in a change to the value of an investment as follows:

Input	Impact to Value if Input Increases	Impact to Value if Input Decreases
Discount rate	Decrease	Increase
Revenue multiples	Increase	Decrease
EBITDA multiples	Increase	Decrease
Book value multiples	Increase	Decrease
Implied volatility	Increase	Decrease
Term	Increase	Decrease
Yield	Increase	Decrease

Changes in investments categorized as Level 3 during the three months ended June 30, 2023 were as follows:

	Bank Debt			Other Corporate Debt			Equity Securities			Total
Beginning balance	$	525,892,549		$	21,594,000		$	8,354,948		$	555,841,497
Net realized and unrealized gains (losses)		1,398,994			(150,641	)		(4,512,056	)		(3,263,703	)
Acquisitions(1)		21,238,755			1,557			89,040			21,329,352
Dispositions		(5,719,598	)		(502,916	)		—			(6,222,514	)
Transfers into Level 3(2)		7,380,725			—			—			7,380,725
Transfers out of Level 3(3)		(14,884,038	)		—			—			(14,884,038	)
Ending balance	$	535,307,387		$	20,942,000		$	3,931,932		$	560,181,319
Net change in unrealized appreciation/depreciation during the period on investments still held at period end (included in net realized and unrealized gains/losses, above)	$	1,360,798		$	(150,641	)	$	(4,512,056	)	$	(3,301,899	)

(1)Includes payments received in kind and accretion of original issue and market discounts.

(2)Comprised of two investments that were transferred from Level 2 to Level 3 due to decreased observable market activity.

(3)Comprised of five investments that were transferred from Level 3 to Level 2 due to increased observable market activity.

Changes in investments categorized as Level 3 during the six months ended June 30, 2023 were as follows:

	Bank Debt			Other Corporate Debt			Equity Securities			Total
Beginning balance	$	494,932,878		$	21,782,823		$	10,223,080		$	526,938,781
Net realized and unrealized gains (losses)		1,855,751			436,820			(6,154,586	)		(3,862,015	)
Acquisitions(1)		58,314,673			3,409			175,382			58,493,464
Dispositions		(10,258,442	)		(1,281,052	)		(311,944	)		(11,851,438	)
Transfers into Level 3(2)		6,371,096			—			—			6,371,096
Transfers out of Level 3(3)		(15,908,569	)		—			—			(15,908,569	)
Ending balance	$	535,307,387		$	20,942,000		$	3,931,932		$	560,181,319
Net change in unrealized appreciation/depreciation during the period on investments still held at period end (included in net realized and unrealized gains/losses, above)	$	1,309,491		$	367,507		$	(4,848,282	)	$	(3,171,284	)

(1)Includes payments received in kind and accretion of original issue and market discounts.

(2)Comprised of two investments that were transferred from Level 2 to Level 3 due to decreased observable market activity.

(3)Comprised of five investments that were transferred from Level 3 to Level 2 due to increased observable market activity.

At December 31, 2022, the Company’s investments were categorized as follows:

Level	Basis for Determining Fair Value	Bank Debt(1)		Other Corporate Debt(2)		Equity Securities		Total
1	Quoted prices in active markets for identical assets	$	—	$	—	$	—	$	—
2	Other direct and indirect observable market inputs(3)		43,550,303		—		—		43,550,303
3	Valuation sources that employ significant unobservable inputs		494,932,878		21,782,823		10,223,080		526,938,781
Total		$	538,483,181	$	21,782,823	$	10,223,080	$	570,489,084

(1)Includes senior secured loans.

(2)Includes senior secured notes, unsecured debt and subordinated debt.

(3)For example, quoted prices in inactive markets or quotes for comparable investments.

Unobservable inputs used in the fair value measurement of Level 3 investments as of December 31, 2022 included the following:

Asset Type	Fair Value		Valuation Technique	Unobservable Input	Weighted Average Range(1) (Concluded Value)(2)
Bank Debt	$	450,067,848	Income approach	Discount rate	12.9% - 13.7% (13.3%)
		43,102,197	Market quotations	Indicative bid/ask quotes	1 (1)
		1,762,833	Option Pricing Model	Implied volatility	60.0% - 70.0% (65.0%)
				Term	1.8 years - 2.8 years (2.3 years)
Other Corporate Debt		21,074,000	Income approach	Discount rate	13.6% - 15.1% (14.3%)
		708,823	Market comparable companies	Revenue multiples	0.1x - 0.2x (0.2x)
Equity		1,586,504	Option Pricing Model	EBITDA/Revenue multiples	3.6x - 3.9x (3.8x)
				Implied volatility	58.2% - 68.2% (63.2%)
				Term	1.8 years - 2.9 years (2.4 years)
		4,373,400	Market comparable companies	EBITDA multiples	5.8x - 6.8x (6.3x)
		3,972,472	Income approach	Discount rate	20.3% - 32.8% (24.6%)
		290,704	Market comparable companies	Revenue multiples	2.1x - 2.3x (2.2x)
	$	526,938,781

(1)Representing the weighted average of each significant unobservable input range at the investment level by fair value.

(2)Representing the weighted average of each significant unobservable input for concluded value at the investment level by fair value.

Changes in investments categorized as Level 3 during the three months ended June 30, 2022 were as follows:

	Bank Debt			Other Corporate Debt			Equity Securities			Total
Beginning balance	$	448,941,825		$	28,664,354		$	12,894,493		$	490,500,672
Net realized and unrealized gains (losses)		(7,868,042	)		692,232			(768,142	)		(7,943,952	)
Acquisitions(1)		71,509,591			1,318			78,729			71,589,638
Dispositions		(20,890,895	)		(4,175,384	)		—			(25,066,279	)
Transfers into Level 3(2)		6,987,400			—			—			6,987,400
Transfers out of Level 3(3)		(1,877,265	)		—			—			(1,877,265	)
Ending balance	$	496,802,614		$	25,182,520		$	12,205,080		$	534,190,214
Net change in unrealized appreciation/depreciation during the period on investments still held at period end (included in net realized and unrealized gains/losses, above)	$	(7,592,410	)	$	692,232		$	(768,142	)	$	(7,668,320	)

(1)Includes payments received in kind and accretion of original issue and market discounts.

(2)Comprised of one investment that was transferred from Level 2 to Level 3 due to decreased observable market activity.

(3)Comprised of one investment that was transferred from Level 3 to Level 2 due to increased observable market activity.

Changes in investments categorized as Level 3 during the six months ended June 30, 2022 were as follows:

	Bank Debt			Other Corporate Debt			Equity Securities			Total
Beginning balance	$	483,970,602		$	28,568,871		$	12,489,257		$	525,028,730
Net realized and unrealized gains (losses)		(9,826,619	)		786,218			(453,966	)		(9,494,367	)
Acquisitions(1)		114,309,011			2,815			169,789			114,481,615
Dispositions		(98,691,530	)		(4,175,384	)		—			(102,866,914	)
Transfers into Level 3(2)		7,041,150			—			—			7,041,150
Ending balance	$	496,802,614		$	25,182,520		$	12,205,080		$	534,190,214
Net change in unrealized appreciation/depreciation during the period on investments still held at period end (included in net realized and unrealized gains/losses, above)	$	(9,255,305	)	$	770,779		$	(453,966	)	$	(8,938,492	)

(1)Includes payments received in kind and accretion of original issue and market discounts.

(2)Comprised of one investment that was transferred from Level 2 to Level 3 due to decreased observable market activity.

Investment Transactions

Security transactions are accounted for on the trade date unless there are substantial conditions to the transaction. Realized gains or losses are measured by the difference between the net proceeds from the disposition and the amortized cost of the investment. Unrealized gains or losses primarily reflect the change in investment values, including the reversal of previously recorded unrealized gains or losses when gains or losses are realized. Realized gains or losses on the disposition of investments are calculated using the specific identification method.

Cash and Cash Equivalents

Cash consists of amounts held in accounts with the custodian bank. Cash equivalents include short-term liquid overnight investments with original maturities of three months or less and may not be insured by the Federal Deposit Insurance Corporation or may exceed federally insured limits. Cash equivalents are classified as Level 1 in the fair value hierarchy.

Restricted Investments

The Company may invest without limitation in instruments that are subject to legal or contractual restrictions on resale. These instruments generally may be resold to institutional investors in transactions exempt from registration or to the public if the securities are registered. Disposal of these investments may involve time-consuming negotiations and additional expense, and prompt sale at an acceptable price may be difficult. See Notes to the Consolidated Schedules of Investments. Restricted investments, including any restricted investments in affiliates, are valued in accordance with the investment valuation policies discussed above.

Foreign Currency Investments

The Company may invest in instruments traded in foreign countries and denominated in foreign currencies. Foreign currency amounts are translated into U.S. dollars on the following basis:

(i)market value of investment securities, other assets and liabilities—at the spot exchange rate on the last business day of the period; and

(ii)purchases and sales of investment securities, income and expenses—at the rates of exchange prevailing on the respective dates of such transactions, income or expenses.

Although net assets and fair values are presented based on the applicable foreign exchange rates described above, the Company may not isolate that portion of the results of operations resulting from changes in foreign exchange rates on investments from the fluctuations arising from changes in fair values of investments held. Such fluctuations are included with the net realized and unrealized gain or loss from investments.

Investments denominated in foreign currencies and foreign currency transactions may involve certain considerations and risks not typically associated with those of domestic origin, including unanticipated movements in the value of the foreign currency relative to the U.S. dollar. There were no investments denominated in foreign currency as of June 30, 2023 and December 31, 2022.

Derivative Instruments:

The Company records all derivative financial instruments as either assets or liabilities at fair value on a gross basis in the Consolidated Statements of Assets and Liabilities.

Foreign Currency Forward Contracts and Warrants

The Company may enter into forward foreign currency contracts from time to time to facilitate settlement of purchases and sales of investments denominated in foreign currencies or to help mitigate the impact that an adverse change in foreign exchange rates would have on the value of the Company’s investments denominated in foreign currencies. A forward foreign currency contract is a commitment to purchase or sell a foreign currency at a future date (usually the security transaction settlement date) at a negotiated forward rate. These contracts are marked-to-market by recognizing the difference between the contract exchange rate and the current market rate as unrealized appreciation or depreciation. Realized gains or losses are recognized when contracts are settled. Risks may arise as a result of the potential inability of the counterparties to meet the terms of their contracts. The Company attempts to limit this risk by dealing with only creditworthy counterparties. There were no open forward foreign currency contracts at June 30, 2023 and December 31, 2022.

The Company holds warrants and options in certain portfolio companies in an effort to achieve additional investment return. In purchasing warrants and options, the Company bears the risk of an unfavorable change in the value of the underlying equity interest. The aggregate fair value of warrants and options as of June 30, 2023 and December 31, 2022 represented 0.5% and 0.6% of the Company’s net assets, respectively.

Interest Rate Swap

The Company entered into a centrally-cleared interest rate swap (the “Interest Rate Swap”) to economically hedge the interest payable on the fixed rate tranche of the Company’s 2025 Private Placement Notes (as defined below) (see Note 4). The Company is required to deposit initial margin with the broker in the form of cash in an amount that varies depending on the size and risk profile of the particular swap. Pursuant to the contract, the Company agrees to receive from or pay to the broker daily variation margin. The amounts related to the right to claim or the obligation to return cash collateral may not be used to offset amounts due under the Interest Rate Swap contract in the normal course of settlement. Therefore, both the initial margin and variation margin paid are included as assets within Due from broker on the Consolidated Statements of Assets and Liabilities at June 30, 2023 and December 31, 2022.

Changes in the fair value of the swap contract, net of any periodic interest accruals, are presented as part of change in unrealized appreciation (depreciation) on the Consolidated Statements of Operations. The Interest Rate Swap is recorded at fair value and is presented as a liability on the Company's Consolidated Statements of Assets and Liabilities at June 30, 2023 and December 31, 2022. Interest rate swap agreements are valued utilizing quotes received from independent pricing services or through brokers, which are derived using daily swap curves and models that incorporate a number of market data factors, such as discounted cash flows, trades and values of the underlying reference instruments. The fair value of the Interest Rate Swap is classified as Level 2 with respect to the fair value hierarchy. See Note 4 for additional information on the Company’s Interest Rate Swap.

Debt Issuance Costs

Certain costs incurred in connection with the issuance and/or extension of debt of the Company and its subsidiaries were capitalized and are being amortized on a straight-line basis over the estimated remaining life of the respective instruments. The impact of utilizing the straight-line amortization method versus the effective-interest method is not material to the operations of the Company.

Revenue Recognition

Interest and dividend income, including income paid in kind, is recorded on an accrual basis, when such amounts are considered collectible. Origination, structuring, closing, commitment and other upfront fees, including original issue discounts, earned with respect to capital commitments are generally amortized or accreted into interest income over the life of the respective debt investment, as are end-of-term or exit fees receivable upon repayment of a debt investment. Other fees, including certain amendment fees, prepayment fees and commitment fees on broken deals, are recognized as earned.

Certain debt investments are purchased at a discount to par as a result of the underlying credit risks and financial results of the issuer, as well as general market factors that influence the financial markets as a whole. Discounts on the acquisition of corporate bonds are generally amortized using the effective-interest or constant-yield method assuming there are no questions as to collectability. When principal payments on a loan are received in an amount in excess of the loan’s amortized cost, the excess principal payments are recorded as interest income.

For loans and securities with payment-in-kind (“PIK”) income, which represents contractual interest or dividends accrued and added to the principal balance and generally due at maturity, such income is accrued only to the extent that the Advisor believes that the PIK income is likely to be collected. To maintain the Company’s status as a RIC, this non-cash source of income must be paid out to stockholders in the form of dividends, even though the Company has not yet collected the cash.

Income Taxes

The Company intends to comply with the requirements of the Internal Revenue Code of 1986, as amended, applicable to regulated investment companies, and to distribute substantially all of its taxable income to its shareholders. Therefore, no U.S. federal income tax provision is required.

The tax returns of the Company remain open for examination by tax authorities for a period of three years from the date they are filed. No such examinations are currently pending. Management has analyzed tax laws and regulations and their application to the Company as of June 30, 2023, inclusive of the open tax return years, and does not believe that there are any uncertain tax positions that require recognition of a tax liability in the consolidated financial statements.

The final tax characterization of dividends is determined after the fiscal year and is reported on Form 1099 and in the Company’s annual report to shareholders. Dividends can be characterized as ordinary income, capital gains and/or return of capital. As of December 31, 2022, the Company had non-expiring capital loss carryforwards in the amount of $401,155,603 available to offset future realized capital gains.

At December 31, 2022, gross unrealized appreciation and depreciation based on the cost of the Company's investments for U.S. federal income tax purposes were as follows:

	December 31, 2022
Tax basis of investments	$	615,741,586
Unrealized appreciation		49,398,479
Unrealized depreciation		(95,970,114	)
Net unrealized depreciation(1)	$	(46,571,635	)

(1)Includes net unrealized depreciation on the Company's Interest Rate Swap.

Non-Accrual Loans

Loans or debt securities are placed on non-accrual status, as a general matter, when principal or interest payments are past due 30 days or more or when there is reasonable doubt that principal or interest will be collected. Accrued interest generally is reversed when a loan or debt security is placed on non-accrual status. Interest payments received on non-accrual loans or debt securities may be recognized as income or applied to principal depending upon management’s judgment. Non-accrual loans and debt securities are restored to accrual status when past due principal and interest is paid and, in management’s judgment, are likely to remain current. The Company may make exceptions to this treatment if the loan has sufficient collateral value and is in the process of collection.

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Management Fees, Incentive Fees and Other Expenses

6 Months Ended

Jun. 30, 2023

Management Fees Incentive Fees And Other Expense [Abstract]

Management Fees, Incentive Fees and Other Expenses

3. Management Fees, Incentive Fees and Other Expenses

Investment Management Agreement

On May 2, 2020, the Company and the Advisor amended and restated the previous investment management agreement (the “Current Management Agreement”), which reduced the Company’s base management fee (“Management Fee”) and incentive management fee (“Incentive Fee”) rates, which are further described below. For terms prior to the Current Management Agreement, refer to the Company’s Form 10-K as filed with the SEC on March 1, 2023.

The Current Management Agreement will be in effect from year-to-year if approved annually by the Board or by the affirmative vote of the holders of a majority of outstanding voting securities, including, in either case, approval by a majority of the directors who are not interested persons. The Company’s Board approved the continuation of the Current Management Agreement on October 28, 2022.

Management Fee

Under the Current Management Agreement, the Advisor, subject to the overall supervision of the Board, manages the day-to-day operations and provides the Company with investment advisory services. For providing these services, effective May 2, 2020, the Advisor receives a Management Fee at an annual rate of 1.50% of total assets up to 200% of net asset value (excluding cash and cash equivalents), including any assets acquired with the proceeds of leverage, payable quarterly in arrears based on the asset valuation as of the end of the prior

quarter. Additionally, the Management Fee is calculated at 1.00% on assets that exceed 200% of net asset value of the Company. The Management Fee for any partial quarter is prorated.

For the three and six months ended June 30, 2023, the Company incurred $2,221,908 and $4,352,380, respectively, in Management Fees under the Current Management Agreement. For the three and six months ended June 30, 2022, the Company incurred $1,947,167 and $4,007,031, respectively, in Management Fees under the Current Management Agreement.

Incentive Fees

(i)Quarterly Incentive Fee Based on Income

The Current Management Agreement provides that the Advisor or its affiliates may be entitled to an Incentive Fee under certain circumstances. The Incentive Fee has two parts. The first portion is based on income other than capital gains and is calculated separately for each calendar quarter and will be paid on a quarterly basis if certain circumstances are met. Effective May 2, 2020, the Incentive Fee based on income is calculated as follows:

•No Incentive Fee based on income other than capital gains for any calendar quarter in which the Pre-Incentive Fee Net Investment Income does not exceed 1.75% (7.00% annualized) of net assets attributable to common stock at the beginning of such quarter.

•100% of the Pre-Incentive Fee Net Investment Income in any calendar quarter with respect to that portion of such Pre-Incentive Fee Net Investment Income, if any, for such calendar quarter, that exceeds 1.75% (7.00% annualized) of net assets attributable to common stock at the beginning of such quarter but is less than approximately 2.12% (8.48% annualized).

•17.5% of the Pre-Incentive Fee Net Investment Income, if any, for any calendar quarter that exceeds approximately 2.12% (8.48% annualized) of net assets attributable to common stock at the beginning of such quarter.

The calculations described above will be appropriately prorated for any period of less than a quarter and adjusted for the net proceeds from any common stock issuances and the cost of any common stock repurchases during such quarter.

The payment of any such Incentive Fee based on income otherwise earned by our Advisor will be deferred if, for the most recent four full calendar quarter period ending on or prior to the date such payment is to be made, the Annualized Rate of Return is less than 7.0% of net assets attributable to common stock at the beginning of such four quarter period as adjusted for the net proceeds from any common stock issuances and the cost of any common stock repurchases during such four full calendar quarter period, with any deferred Incentive Fees to be carried over for payment in subsequent quarterly calculation periods to the extent such payment can then be made in accordance with the investment management agreement.

For purposes of calculating the Incentive Fee, (i) “Annualized Rate of Return” is computed by reference to the sum of (x) the aggregate dividends to common stockholders for the period in question and (y) the change in net assets attributable to common stock (before taking into account any Incentive Fees otherwise payable during such period); (ii) “net assets attributable to common stock” means total assets less indebtedness and preferred stock; and (iii) “Pre-Incentive Fee Net Investment Income” means net investment income (as determined in accordance with U.S. GAAP) accrued by the Company during the calendar quarter excluding any accruals for or payments in respect of the Incentive Fee.

For the three and six months ended June 30, 2023, the Company incurred $1,886,182 and $3,762,085, respectively, in Incentive Fees on income. For the three and six months ended June 30, 2022, the Company incurred $69,343 and $88,356, respectively, in Incentive Fees on income. As of June 30, 2023 and December 31, 2022, there was $7,165,434 and $3,403,349, respectively, of Incentive Fees payable based on income. The payment of Incentive Fee based on income of $7,165,434 at June 30, 2023 was deferred pursuant to the Incentive Fee deferral provision discussed above.

(ii)Annual Incentive Fee Based on Capital Gains

The second portion of the Incentive Fee is based on capital gains and is calculated separately for each Annual Period. Effective May 2, 2020, our Advisor is entitled to receive an Incentive Fee based on capital gains for each Annual Period in an amount equal to 17.5% of the amount by which (1) net realized capital gains during the period, if any, exceeds (2) gross unrealized capital depreciation, if any, during the period. In calculating the portion of the Incentive Fee based on capital gains payable for any period, investments are accounted for on a security-by-security basis. In addition, the portion of the Incentive Fee based on capital gains is determined using the “period-to-period” method pursuant to which the portion of the Incentive Fee based on capital gains for any period will be based on realized capital gains for the period reduced by realized capital losses for the period and unrealized capital depreciation for the period.

The Company is required under GAAP to accrue an Incentive Fee on capital gains on a hypothetical liquidation basis, based upon net realized capital gains and unrealized capital appreciation and depreciation on investments held at the end of each period. The accrued Incentive Fee on capital gains assumes all unrealized capital appreciation and depreciation is realized in order to reflect an Incentive Fee on capital gains (if any) that would be payable at each measurement date, even though unrealized capital appreciation is not permitted to be considered in determining the Incentive Fee on capital gains actually payable for each Annual Period under the Current Management Agreement. If such amount is positive at the end of the period, an Incentive Fee on capital gains is accrued equal to 17.5% of such amount, for periods ended after May 2, 2020, less the amount of any Incentive Fees on capital gains already accrued during the Annual Period. If the resulting calculation

amount is negative, the accrual for GAAP in a given period may result in the reduction or reversal of Incentive Fee expense on capital gains previously accrued during the Annual Period.

In accordance with GAAP, the hypothetical liquidation for the three and six months ended June 30, 2023 resulted in no capital gains Incentive Fees. Incentive Fees on capital gains accrued (reversed) on a liquidation basis under GAAP for the three and six months ended June 30, 2022 were $(1,073,068) and $(1,544,569), respectively. The Company did not have an accrued balance at June 30, 2023 and December 31, 2022.

For purposes of calculating the Incentive Fee based on capital gains, “Annual Period” means the period beginning on July 1 of each calendar year, including the calendar year prior to the year in which the investment management agreement became effective, and ending on June 30 of the next calendar year. Capital gains and losses are calculated using the difference between the proceeds received and either (i) fair market value at the beginning of the Annual Period or (ii) cost for investments acquired during the Annual Period. In calculating whether the portion of the Incentive Fee based on capital gains is payable with respect to any period, the Company accounts for assets on a security-by-security basis. In addition, the Company uses the “period-to-period” method pursuant to which the portion of the Incentive Fee based on capital gains for any period is based on realized capital gains for the period reduced by realized capital losses and gross unrealized capital depreciation for the period. Based on current interpretations of Section 205(b)(3) of the Advisers Act by the SEC and its staff, the calculation of unrealized depreciation for each portfolio security over a period is based on the fair value of the security at the end of the period compared to the fair value at the beginning of the period. Incentive Fees earned in any of the periods described above are not subject to modification or repayment based upon performance in a subsequent period.

Other Expenses

The Company bears all expenses incurred in connection with its business, such as custodian, administrative, director fees and expenses, due diligence costs, registration and listing fees, legal, audit and tax preparation fees, costs of valuing investments, insurance costs, brokers’ and finders’ fees relating to investments, and any other transaction costs associated with the purchase and sale of investments.

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Debt

6 Months Ended

Jun. 30, 2023

Debt Disclosure [Abstract]

Debt

4. Debt

Debt is comprised of a senior secured revolving credit facility dated as of February 19, 2016 (as amended, amended and restated, supplemented or otherwise modified from time to time, including as amended and restated by the seventh amendment thereto, dated as of April 26, 2023, the “Credit Facility”) and senior unsecured notes issued through a private placement on June 9, 2022 by the Company and due December 9, 2025 (the “2025 Private Placement Notes”). Prior to being repaid on June 15, 2022, debt also included the Company’s unsecured convertible senior notes due 2022 (the “2022 Convertible Notes”).

Effective on May 2, 2020, after obtaining stockholder approval at the annual meeting of the Company’s stockholders held on May 1, 2020, the Company’s asset coverage requirement was reduced from 200% to 150%, as set forth in Section 61(a)(2) of the 1940 Act, as amended by the Small Business Credit Availability Act. As of June 30, 2023 and December 31, 2022, the Company’s asset coverage was 210% and 225%, respectively.

Total debt outstanding and available at June 30, 2023 was as follows:

	Maturity	Rate		Carrying Value			Available			Total Capacity
Credit Facility	2025	S+2.25%	(1)	$	192,000,000		$	73,000,000	(2)	$	265,000,000	(3)
2025 Private Placement Notes	2025	Fixed/Variable	(4)		91,171,157	(5)		—			91,171,157
Debt, net of unamortized issuance costs				$	283,171,157		$	73,000,000		$	356,171,157

(1)The applicable margin for SOFR-based borrowings could be either 2.00% or 2.25% depending on a ratio of the borrowing base to certain committed indebtedness, and is also subject to a credit spread adjustment of 0.10%. If the Company elects to borrow based on the alternate base rate, the applicable margin could be either 1.00% or 1.25% depending on a ratio of the borrowing base to certain committed indebtedness.

(2)Subject to borrowing base and leverage restrictions.

(3)Provides for a feature that allows the Company, under certain circumstances, to increase the size of the Credit Facility up to $325.0 million.

(4)The 2025 Private Placement Notes were issued in two tranches, consisting of a $35.0 million aggregate principal amount with a fixed interest rate of 5.82% and a $57.0 million aggregate principal amount bearing interest at a rate equal to SOFR plus 3.14%.

(5)The carrying value of 2025 Private Placement Notes was comprised of the following:

	June 30, 2023
Principal amount of debt	$	92,000,000
Unamortized issuance costs		(828,843	)
Carrying value	$	91,171,157

Total debt outstanding and available at December 31, 2022 was as follows:

	Maturity	Rate		Carrying Value			Available			Total Capacity
Credit Facility	2025	L+2.00%	(1)	$	162,000,000		$	103,000,000	(2)	$	265,000,000	(3)
2025 Private Placement Notes	2025	Fixed/Variable	(4)		91,003,161	(5)		—			91,003,161
Debt, net of unamortized issuance costs				$	253,003,161		$	103,000,000		$	356,003,161

(1)The applicable margin for LIBOR-based borrowings was either 2.00% or 2.25% depending on a ratio of the borrowing base to certain indebtedness. If the Company elects to borrow based on the alternate base rate, the applicable margin could be either 1.00% or 1.25% depending on a ratio of the borrowing base to certain indebtedness.

(2)Subject to borrowing base and leverage restrictions.

(3)Provides for a feature that allows the Company, under certain circumstances, to increase the size of the Credit Facility up to $325.0 million.

(4)The 2025 Private Placement Notes were issued in two tranches, consisting of a $35.0 million aggregate principal amount with a fixed interest rate of 5.82% and a $57.0 million aggregate principal amount bearing interest at a rate equal to SOFR plus 3.14%.

(5)The carrying value of 2025 Private Placement Notes was comprised of the following:

	December 31, 2022
Principal amount of debt	$	92,000,000
Unamortized issuance costs		(996,839	)
Carrying value	$	91,003,161

The Company’s weighted average outstanding debt balance during the three months ended June 30, 2023 and 2022 was $278,335,448 and $213,448,919, respectively. The maximum amounts borrowed during the three months ended June 30, 2023 and 2022 were $286,142,384 and $377,673,980, respectively. The Company’s weighted average outstanding debt balance during the six months ended June 30, 2023 and 2022 was $270,570,675 and $210,643,606, respectively. The maximum amounts borrowed during the six months ended June 30, 2023 and 2022 were $286,142,384 and $377,671,273, respectively.

The weighted average annual interest cost, including the amortization of debt issuance costs for the three and six months ended June 30, 2023 was 7.76% and 7.45%, respectively, exclusive of commitment fees. The weighted average annual interest cost, including the amortization of debt issuance costs for the three and six months ended June 30, 2022 was 4.98% and 4.94%, respectively, exclusive of commitment fees. With respect to any unused portion of the commitments under the Credit Facility, the Company incurs an annual commitment fee of 0.40%.

Total expenses related to debt for the three and six months ended June 30, 2023 and 2022 included the following:

	Three Months Ended June 30,				Six Months Ended June 30,
	2023		2022		2023		2022
Stated interest expense	$	5,136,153	$	2,322,209	$	9,546,288	$	4,489,106
Amortization of deferred debt issuance costs		249,058		325,665		445,104		668,747
Total interest expense		5,385,211		2,647,874		9,991,392		5,157,853
Commitment and credit facility fees		97,239		212,817		209,289		431,789
Total	$	5,482,450	$	2,860,691	$	10,200,681	$	5,589,642

Outstanding debt is carried at amortized cost in the Consolidated Statements of Assets and Liabilities. The fair value of the Company’s Credit Facility is derived by taking the average of the high and low quotes as obtained from a broker, and is classified as Level 2 with respect to the fair value hierarchy. The fair value of the Company’s 2025 Private Placement Notes is derived by an independent valuation firm, and is classified as Level 3 with respect to the fair value hierarchy.

The carrying and fair values of the Company’s outstanding debt as of June 30, 2023 and December 31, 2022 were as follows:

	June 30, 2023				December 31, 2022
	Carrying Value		Fair Value		Carrying Value		Fair Value
Credit Facility	$	192,000,000	$	175,680,000	$	162,000,000	$	146,610,000
2025 Private Placement Notes		91,171,157		90,734,530		91,003,161		89,074,810
Total	$	283,171,157	$	266,414,530	$	253,003,161	$	235,684,810

At June 30, 2023, the Company was in compliance with all covenants required under the Credit Facility and 2025 Private Placement Notes.

Senior Secured Revolving Credit Facility

The Company’s most recent amendment under the Credit Facility (i) replaces the LIBOR-based interest rate benchmark provisions with interest rate benchmark provisions based on (a) in the case of borrowings denominated in U.S. dollars, a forward-looking term SOFR-based rate, (b) in the case of borrowings denominated in Canadian dollars, a CDOR-based rate and (c) in the case of borrowings denominated in Euros or any other Agreed Foreign Currency (as defined in the Credit Facility) (excluding Canadian dollars), a EURIBO-based rate (such

replacement benchmark as referred to in subclauses (a) – (c), collectively, the “Benchmarks”) and (ii) adds a 10 basis point credit spread adjustment for borrowings bearing interest based on SOFR. The applicable margin for Benchmark-based borrowings could be either 2.00% or 2.25% depending on a ratio of the borrowing base to certain committed indebtedness. If the Company elects to borrow based on the alternate base rate, the applicable margin could be either 1.00% or 1.25% depending on a ratio of the borrowing base to certain committed indebtedness.

The Credit Facility (a) provides for amounts to be drawn up to $265,000,000, by which the Company may seek an increase in the commitments to $325,000,000 (subject to satisfaction of certain conditions, including obtaining commitments), (b) has a maturity date of April 23, 2025 and (c) requires a minimum shareholders’ equity under the Credit Facility to the greater of (i) 33% of the total assets of the Company and its subsidiaries and (ii) $240,000,000 plus 25% of net proceeds from the sale of equity interests by the Company and its subsidiaries.

Under the Credit Facility, the Company is required to comply with various customary affirmative and restrictive covenants, including reporting requirements and financial covenants, including, without limitation, covenants related to: (a) limitations on the incurrence of additional indebtedness and liens, (b) limitations on certain investments and fundamental changes, (c) limitations on dividends and certain other restricted payments, (d) certain restrictions on subsidiaries, (e) maintaining a certain minimum shareholders’ equity, (f) maintaining an asset coverage ratio of not less than 1.5:1.0, (g) maintaining a senior coverage ratio of not less than 2.0:1:0, (h) limitations on certain transactions with affiliates, (i) limitations on pledging certain unencumbered assets, and (j) limitations on the creation or existence of agreements that prohibit liens on certain properties of the Company and certain of its subsidiaries. These covenants are subject to important limitations and exceptions that are described in the Credit Facility and other loan documents. Further, amounts available to borrow under the Credit Facility (and the incurrence of certain other permitted debt) are also subject to compliance with a borrowing base that applies different advance rates to different types of assets in the Company’s portfolio that are pledged as collateral. The Credit Facility is secured by a lien on substantially all of the assets of the Company and its wholly owned domestic subsidiaries, subject to certain customary exceptions.

Unsecured Senior Notes Due 2025

On April 21, 2022, the Company entered into a Master Note Purchase Agreement (the “Note Purchase Agreement”) governing the issuance on June 9, 2022, of $92,000,000 in aggregate principal amount of senior unsecured notes in two tranches to qualified institutional investors in a private placement. The Company issued $35,000,000 in aggregate principal amount of 2025 Private Placement Notes with a fixed interest rate of 5.82% with interest to be paid semi-annually on June 9 and December 9 of each year, beginning on December 9, 2022, and $57,000,000 in aggregate principal amount of 2025 Private Placement Notes bearing interest at a rate equal to SOFR plus 3.14% with interest to be paid quarterly on March 9, June 9, September 9, and December 9 of each year, beginning on September 9, 2022. In addition, during any time that the rating assigned to the 2025 Private Placement Notes declines below investment grade, the 2025 Private Placement Notes will bear interest at a rate that is increased by 1.00%. The 2025 Private Placement Notes were issued at a closing which occurred on June 9, 2022. The 2025 Private Placement Notes will be due on December 9, 2025 unless redeemed, purchased or prepaid prior to such date by the Company or its affiliates in accordance with their terms. The Company may prepay the 2025 Private Placement Notes at its option, subject to a prepayment premium, in an amount equal to 2% on or before June 9, 2023, 1% after June 9, 2023 but on or before June 9, 2024, 0.5% after June 9, 2024 but on or before June 9, 2025 and zero after June 9, 2025. In addition, the Company will be obligated to offer to repay the 2025 Private Placement Notes at par if certain change in control events occur. The 2025 Private Placement Notes are general unsecured obligations of the Company that rank pari passu with all outstanding and future unsecured unsubordinated indebtedness issued by the Company.

In connection with the 2025 Private Placement Notes, the Company entered into a centrally cleared Interest Rate Swap to offset interest payable on the fixed rate tranche of the Notes. The notional amount of the Interest Rate Swap is $35,000,000 and matures on June 9, 2025. Under the swap agreement, the Company receives a fixed rate of 2.633% and pays a floating interest rate of SOFR. Such payments will be due annually. For the three and six months ended June 30, 2023, the Company made a periodic net interest payment in the amount of $353,268 to the counterparty. Since the swap contract has not been designated as a hedge accounting relationship pursuant to ASC 815, “Derivatives and Hedging,” both the net interest receivable and the change in the fair value of the swap contract are presented as part of the change in unrealized appreciation (depreciation) on the Consolidated Statements of Operations. As of June 30, 2023 and December 31, 2022, the Interest Rate Swap had a fair value of $(1,445,045) and $(1,332,299), respectively, which is reflected as a liability on the Consolidated Statements of Assets and Liabilities; such fair value is inclusive of any net periodic interest accruals and payments on the contract. The fair value of the Interest Rate Swap is classified as Level 2 with respect to the fair value hierarchy. See Note 2 for further information.

The Note Purchase Agreement contains customary terms and conditions for senior unsecured notes issued in a private placement, including, without limitation, affirmative and negative covenants such as information reporting, maintenance of the Company’s status as a business development company within the meaning of the Investment Company Act of 1940, as amended, and a regulated investment company under the Internal Revenue Code of 1986, as amended, minimum shareholders’ equity, minimum asset coverage ratio, and prohibitions on certain fundamental changes of the Company. The Note Purchase Agreement also contains customary events of default with customary cure and notice periods, including, without limitation, nonpayment, incorrect representation in any material respect, breach of covenant, cross-default under other indebtedness of the Company or certain significant subsidiaries, certain judgments and orders, and certain events of bankruptcy.

Unsecured Convertible Senior Notes Due 2022

On June 13, 2017, the Company issued $143,750,000 in aggregate principal amount ($125,000,000 of the initial offering and $18,750,000 of the underwriters’ exercise of the overallotment option) of 5.00% Convertible Notes due 2022 under an indenture, dated as of

June 13, 2017 (the “2022 Convertible Notes Indenture”). Net proceeds to the Company from the offering, including the exercise of the overallotment option, were approximately $139,800,000. The 2022 Convertible Notes matured on June 15, 2022, and the Company fully repaid the aggregate outstanding $143,720,000 principal amount (post noteholder conversion) plus outstanding accrued interest. The interest rate on the notes was 5.00% per year, payable semiannually in arrears on June 15 and December 15 of each year, commencing on December 15, 2017. Holders were able to convert their notes at their option prior to the close of business on the business day immediately preceding December 15, 2021, in integral multiples of $1,000 principal amount, only under certain circumstances. Upon noteholder conversion, the Company was able to pay or deliver, as the case may be, cash, shares of our common stock or a combination of cash and shares of our common stock, at our election at an initial conversion rate of 118.2173 shares of common stock per $1,000 principal amount of notes, which is equivalent to an initial conversion price of approximately $8.46 per share of the Company’s common stock. On or after December 23, 2021, the Company was able to redeem the 2022 Convertible Notes for cash, in whole or from time to time in part, at its option in accordance with their terms. During the year ended December 31, 2022, the Company issued 3,546 shares of common stock with an aggregate value of $30,000 to a noteholder who elected the conversion option in lieu of principal repayment pursuant to the redemption terms of the 2022 Convertible Notes Indenture.

Prior to the adoption of ASU 2020-06, the Company determined that the embedded conversion options in the 2022 Convertible Notes were not required to be separately accounted for as a derivative under U.S. GAAP. In accounting for the 2022 Convertible Notes, at the time of issuance the Company estimated separate debt and equity components, and an original issue discount equal to the equity component was recorded in additional paid-in-capital in the accompanying Consolidated Statements of Assets and Liabilities. As of January 1, 2022, the Company adopted ASU 2020-06 using the modified retrospective basis. In accordance with this guidance, the Company has recombined the equity conversion component of our 2022 Convertible Notes outstanding, and before its maturity, had begun accounting for the 2022 Convertible Notes as a single liability measured at amortized cost. This resulted in a cumulative decrease to additional paid in capital of $4,337,631, offset by a decrease to accumulated loss of $3,888,233 as of January 1, 2022, and an increase to the carrying value of the 2022 Convertible Notes of $449,398.

The 2022 Convertible Notes contained certain covenants, which included covenants that required the Company to reserve shares of common stock for the purpose of satisfying all obligations to issue the underlying securities upon conversion of the securities and to furnish to holders of the securities upon request, any information required to be delivered pursuant to Rule 144A(d)(4) under the Securities Act.

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Investments

6 Months Ended

Jun. 30, 2023

Schedule of Investments [Abstract]

Investments

5. Investments

Purchases of investments, including PIK, for the three and six months ended June 30, 2023 totaled $20,797,118 and $58,411,431, respectively. Purchases of investments, including PIK, for the three and six months ended June 30, 2022 totaled $73,481,309 and $117,494,185, respectively. Proceeds from sales, repayments and other exits of investments for the three and six months ended June 30, 2023 totaled $6,507,960 and $27,226,737, respectively. Proceeds from sales, repayments and other exits of investments for the three and six months ended June 30, 2022 totaled $25,107,943 and $103,762,076, respectively.

At June 30, 2023, investments consisted of the following:

	Cost		Fair Value
Senior secured notes	$	988,074	$	988,000
Unsecured debt		37,183,232		14,999,000
Subordinated debt		5,000,000		4,955,000
Senior secured loans:
First lien		504,569,408		497,077,006
Second/other priority lien		83,669,054		73,886,473
Total senior secured loans		588,238,462		570,963,479
Preferred stock		40,702,606		2,400,116
Common stock		10,611,548		—
Limited partnership/limited liability company interests		7,757,987		49,500
Equity warrants/options		115,348		1,482,316
Total investments	$	690,597,257	$	595,837,411

At December 31, 2022, investments consisted of the following:

	Cost		Fair Value
Senior secured notes	$	1,920,592	$	1,624,823
Unsecured debt		37,686,148		15,228,000
Subordinated debt		5,000,000		4,930,000
Senior secured loans:
First lien		455,458,846		447,490,518
Second/other priority lien		98,468,621		90,992,663
Total senior secured loans		553,927,467		538,483,181
Preferred stock		40,527,223		2,354,224
Common stock		10,611,548		—
Limited partnership/limited liability company interests		8,511,838		5,991,648
Equity warrants/options		115,348		1,877,208
Total investments	$	658,300,164	$	570,489,084

Industry Composition

The Company generally uses GICS to classify the industries of its portfolio companies. The following table shows the industry composition of the portfolio, at fair value, at June 30, 2023 and December 31, 2022.

Industry	June 30, 2023			December 31, 2022
Software		17.2	%		15.2	%
Diversified Financial Services		14.7			14.5
Internet Software & Services		11.6			11.1
Diversified Consumer Services		7.7			8.3
Professional Services		6.9			7.2
Health Care Technology		4.3			4.4
Health Care Providers & Services		3.6			3.7
IT Services		3.4			2.5
Road & Rail		2.5			2.6
Insurance		2.5			2.5
Construction & Engineering		2.4			2.6
Containers & Packaging		2.3			2.5
Paper & Forest Products		2.2			1.7
Consumer Finance		1.9			1.3
Hotels, Restaurants & Leisure		1.9			0.9
Technology Hardware, Storage & Peripherals		1.8			1.8
Specialty Retail		1.8			1.9
Textiles, Apparel & Luxury Goods		1.7			1.7
Commercial Services & Supplies		1.1			1.1
Media		1.1			1.0
Real Estate Management & Development		1.1			1.1
Machinery		1.0			0.9
Internet & Catalog Retail		1.0			1.0
Trading Companies & Distributors		1.0			1.0
Wireless Telecommunication Services		0.8			0.8
Leisure Products		0.4			0.5
Building Products		0.4			0.4
Automobiles		0.4			0.4
Life Sciences Tools & Services		0.4			0.4
Semiconductors & Semiconductor Equipment		0.4			0.4
Distributors		0.4			0.4
Capital Markets		0.1			0.2
Health Care Equipment & Supplies		—			2.5
Household Durables		—			0.8
Metals & Mining		—			0.6
Electrical Equipment		—			0.1
Chemicals		—			—
Oil, Gas & Consumable Fuels		—			—
Totals		100.0	%		100.0	%

The following table shows the geographic composition of the portfolio at fair value at June 30, 2023 and December 31, 2022. The geographic composition is determined by several factors including the location of the corporate headquarters and the country of registration of the portfolio company.

Geography	June 30, 2023			December 31, 2022
United States		84.4	%		85.4	%
United Kingdom		7.3			7.2
Germany		3.6			3.7
Canada		1.1			1.1
Switzerland		1.0			1.0
Netherlands		1.0			—
Slovenia		0.9			0.9
Australia		0.7			0.7
Totals		100.0	%		100.0	%

Market and Credit Risk

The Company has investments in lower rated and comparable quality unrated senior and junior secured, unsecured and subordinated debt securities and loans, which are subject to a greater degree of credit risk than more highly rated investments. The risk of loss due to default by the issuer is significantly greater for holders of such securities and loans, particularly in cases where the investment is unsecured or subordinated to other creditors of the issuer.

In the normal course of business, the Company invests in securities and enters into transactions where risks exist due to fluctuations in the market (market risk) or failure of the issuer of a security to meet all its obligations (issuer credit risk). The value of securities held by the Company may decline in response to certain events, including those directly involving the issuers whose securities are owned by the Company; conditions affecting the general economy; overall market changes; local, regional or global political, social or economic instability; and currency and interest rate and price fluctuations. The impact of epidemics and pandemics such as the coronavirus, could affect the economies of many nations, individual companies and the market in general in ways that cannot necessarily be foreseen at the present time. Similar to issuer credit risk, the Company may be exposed to counterparty credit risk, or the risk that an entity with which the Company has unsettled or open transactions may fail to or be unable to perform on its commitments. The Company manages counterparty risk by entering into transactions only with counterparties that they believe have the financial resources to honor their obligations and by monitoring the financial stability of those counterparties. Financial assets, which potentially expose the Company to market, issuer and counterparty credit risks, consist principally of investments in portfolio companies. The extent of the Company’s exposure to market, issuer and counterparty credit risks with respect to these financial assets is generally approximated by their fair value recorded in the Consolidated Statements of Assets and Liabilities. The Company is also exposed to credit risk related to maintaining all of its cash at a major financial institution.

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Other Related Party Transactions

6 Months Ended

Jun. 30, 2023

Related Party Transactions [Abstract]

Other Related Party Transactions

6. Other Related Party Transactions

Advisor Reimbursements

The Current Management Agreement provides that the Company will reimburse the Advisor for costs and expenses incurred by the Advisor for administrative or operating services, office space rental, office equipment and utilities allocable to the Advisor under the investment management agreement, as well as any costs and expenses incurred by the Advisor relating to any non-investment advisory, administrative or operating services- provided by the Advisor to the Company. For the three and six months ended June 30, 2023, the Company incurred $17,094 and $34,187, respectively, for its share of office space rental, which is included in investment advisor expenses on the Consolidated Statements of Operations. For the three and six months ended June 30, 2022, the Company incurred $25,819 and $51,638, respectively, for its share of office space rental, which is included in investment advisor expenses on the Consolidated Statements of Operations.

From time to time, the Advisor and its affiliates may pay third party providers for goods or services utilized by the Company. The Company will subsequently reimburse the Advisor and its affiliates for such amounts. Reimbursements to the Advisor and their affiliates for such purposes during the three and six months ended June 30, 2023 were $101,450 and $356,469, respectively. Reimbursements to the Advisor and their affiliates for such purposes during the three and six months ended June 30, 2022 were $72,211 and $161,895, respectively. As of June 30, 2023 and December 31, 2022, the Company was owed $219,335 and zero, respectively, from the Advisor for certain professional and director fees, which is included in Prepaid expenses and other assets on the Consolidated Statements of Assets and Liabilities.

No person who is an officer, director or employee of the Advisor and who serves as a director of the Company receives any compensation from the Company for such services. Directors who are not affiliated with the Advisor receive compensation for their services and reimbursement of expenses incurred to attend meetings.

Administration

The Company also has entered into an administration agreement with BlackRock Financial Management, Inc. (the “Administrator”) under which the Administrator provides certain administrative services to the Company. For providing these services, facilities and personnel, the Company reimburses the Administrator for the Company’s allocable portion of overhead and other expenses incurred by the Administrator in performing its obligations under the administration agreement, including rent and the Company’s allocable portion of the cost of certain of the Company’s officers and their respective staffs. For the three and six months ended June 30, 2023, the Company incurred $288,454 and $581,088, respectively, for such administrative services expenses. For the three and six months ended June 30, 2022, the Company incurred $299,262 and $664,769, respectively, for such administrative services expenses.

Advisor Stock Transactions

At June 30, 2023 and December 31, 2022, BCIA did not own any shares of the Company. At both June 30, 2023 and December 31, 2022, other entities affiliated with the Administrator and Advisor beneficially owned less than 1% of the Company’s total shares of common stock outstanding.

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Stockholders' Equity and Dividends

6 Months Ended

Jun. 30, 2023

Equity [Abstract]

Stockholders' Equity and Dividends

7. Stockholders’ Equity and Dividends

Dividends to common stockholders are recorded on the ex-dividend date. The amount to be paid out as a dividend is determined by the Board. Net realized capital gains, if any, generally are distributed at least annually, although the Company may decide to retain such capital gains for investment.

The Company has adopted a dividend reinvestment plan (the “Plan”) that provides for reinvestment of dividends on behalf of stockholders, unless a stockholder elects to receive cash. As a result, if the Board authorizes, and the Company declares, a cash dividend, then stockholders who have not “opted out” of the dividend reinvestment plan will have their cash dividends automatically reinvested in additional shares of Common Stock, rather than receiving the cash dividends. Additionally, if the Company makes a dividend to be paid in cash or in stock at the election of stockholders as of the applicable dividend record date (a “Cash/Stock Dividend”), the terms are subject to the amended Plan dated May 13, 2020 described below.

For the three and six months ended June 30, 2023 and 2022, declared dividends to common stockholders were as follows:

Date Declared	Record Date	Payment Date	Type	Amount Per Share		Total Amount		Reinvested dividends paid during quarter (1) (2)
February 28, 2023	March 16, 2023	April 6, 2023	Regular	$	0.10	$	7,257,191	$	768,930
April 26, 2023	June 15, 2023	July 6, 2023	Regular		0.10		7,257,191		737,537
Total				$	0.20	$	14,514,382	$	1,506,467
Date Declared	Record Date	Payment Date	Type	Amount Per Share		Total Amount		Reinvested dividends paid during quarter (1) (2)
March 1, 2022	March 17, 2022	April 7, 2022	Regular	$	0.10	$	7,380,270	$	698,261
April 27, 2022	June 16, 2022	July 7, 2022	Regular		0.10		7,363,184		744,840
Total				$	0.20	$	14,743,454	$	1,443,101

(1)The Company has adopted a dividend reinvestment plan that provides for reinvestment of dividends on behalf of stockholders, unless a stockholder elects to receive cash.

(2)Dividends reinvested through purchase of shares in the open market.

On March 6, 2018, the Company's Board adopted amendments to the Plan. Under the terms of the amended Plan, if the Company declares a dividend or determines to make a capital gain or other distribution, the reinvestment plan agent will acquire shares for the participants’ accounts, depending upon the following circumstances, (i) through receipt of additional unissued but authorized shares from the Company (“newly issued shares”) and/or (ii) by purchase of outstanding shares on the open market (“open-market purchases”). If, on the dividend payment date, the last quarterly net asset value per share (“NAV”) is equal to or less than the closing market price per share on such dividend payment date (such condition often referred to as a “market premium”), the reinvestment plan agent will invest the dividend amount in newly issued shares on behalf of the participants. The number of newly issued shares to be credited to each participant’s account will be determined by dividing the dollar amount of the dividend by the greater of (i) the NAV or (ii) 95% of the closing market price on the dividend payment date. If, on the dividend payment date, the NAV is greater than the closing market price per share on such dividend payment date (such condition often referred to as a “market discount”), the reinvestment plan agent may, upon notice from the Company, either (a) invest the divided amount in newly issued shares on behalf of the participants or (b) invest the dividend amount in shares acquired on behalf of the participants in open-market purchases.

On May 13, 2020, the Company's Board adopted further amendments to the Plan. Under the terms of the amended Plan, if the Company makes a Cash/Stock Dividend, each stockholder will be required to elect whether to receive the dividend in cash or in shares of the Company's common stock (“Common Shares”), pursuant to such notices, forms or other documentation as may be provided to the stockholder by the Company (the “Election Forms”). If the stockholder is a Plan participant and elects to receive the Cash/Stock Dividend in cash, the stockholder will be deemed to have elected not to participate in the Plan solely with respect to such Cash/Stock Dividend and will receive the dividend in cash subject to any rules applicable to the dividend that may limit the portion of the dividend the Company is required to pay in cash. If the stockholder is a Plan participant and elects to receive the Cash/Stock Dividend in stock, the stockholder will receive the dividend in newly issued Common Shares. The number of newly issued Common Shares credited to the stockholders' account in either case will be determined by dividing the dollar amount of the dividend (or portion of the dividend to be paid in Common Shares) by the price per Common Share determined in accordance with the Election Forms rather than pursuant to the formula(s) otherwise applicable under the Plan. At the Company's special meeting of stockholders held on May 3, 2022, stockholders did not approve the Company's ability to sell or otherwise issue shares of common stock at a price below its then current NAV per share for a 12-month period expiring on the anniversary of the date of stockholder approval.

On October 28, 2022, the Company’s Board authorized the Company to purchase up to a total of 8,000,000 shares, commencing on November 7, 2022 and effective until the earlier of November 6, 2023 or such time that all of the authorized shares have been repurchased (the

“Company Repurchase Plan”), in accordance with the guidelines specified in Rule 10b-18 and Rule 10b5-1 of the Securities Exchange Act of 1934 (the “Exchange Act”). As of June 30, 2023, 8,000,000 shares remained available for repurchase.

No shares were repurchased by the Company under the Company Repurchase Plan for the three and six months ended June 30, 2023.

The following table summarizes the total shares repurchased and amounts paid by the Company under the Company Repurchase Plan, including broker fees, for the three and six months ended June 30, 2022:

June 30, 2022	Shares Repurchased		Price Per Share		Total Cost
Three Months Ended		420,083	$	3.78	$	1,586,451
Six Months Ended		526,391		3.85		2,026,688

Since inception of the original repurchase plan through June 30, 2023, the Company has purchased 11,909,890 shares of its common stock on the open market for $73,373,702, including brokerage commissions through the repurchase plan. The Company currently holds the shares it repurchased in treasury stock.

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Earnings (Loss) Per Share

6 Months Ended

Jun. 30, 2023

Earnings Per Share [Abstract]

Earnings (Loss) Per Share

8. Earnings (loss) per share

The following information sets forth the computation of basic and diluted net increase (decrease) in net assets from operations per share (earnings (loss) per share) for the three and six months ended June 30, 2023 and 2022.

	Three Months Ended					Six Months Ended
	June 30, 2023		June 30, 2022			June 30, 2023		June 30, 2022
Net increase (decrease) in net assets resulting from operations	$	1,503,691	$	(2,540,160	)	$	10,021,088	$	2,982,214
Weighted average shares outstanding – basic(1)		72,571,907		73,667,822			72,571,907		73,744,580
Earnings (loss) per share – basic and diluted	$	0.02	$	(0.03	)	$	0.14	$	0.04

(1)No adjustments for interest or incremental shares on the 2022 Convertible Notes were included for the three and six months ended June 30, 2022 because the effect would be antidilutive.

Diluted earnings per share is computed using the if-converted method, which assumes conversion of convertible securities at the beginning of the reporting period and is intended to show the maximum dilution effect to common stockholders regardless of how the conversion can occur.

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Commitment and Contingencies

6 Months Ended

Jun. 30, 2023

Commitments and Contingencies Disclosure [Abstract]

Commitments and Contingencies

9. Commitments and contingencies

In the normal course of business, the Company may enter into guarantees on behalf of portfolio companies. Under these arrangements, the Company would be required to make payments to third parties if the portfolio companies were to default on their related payment obligations. There were no such guarantees outstanding at June 30, 2023 and December 31, 2022. In addition, from time to time, the Company may provide for a commitment to a portfolio company for investment in an existing or new security. At June 30, 2023 and December 31, 2022, the Company had unfunded commitments of $47.2 million across 49 portfolio companies and $72.1 million across 51 portfolio companies, respectively. The aggregate fair value of unfunded commitments at June 30, 2023 and December 31, 2022 was $46.6 million and $70.0 million, respectively. We maintain sufficient cash on hand and available borrowings to fund such unfunded commitments should the need arise.

In the normal course of business, the Company enters into contractual agreements that provide general indemnifications against losses, costs, claims and liabilities arising from the performance of individual obligations under such agreements. The Company’s individual maximum exposure under these arrangements is unknown, as this would involve future claims that may be made against the Company that have not yet occurred. However, based on management’s experience, the Company expects the risk of loss to be remote.

From time to time, the Company and the Advisor may be a party to certain legal proceedings incidental to the normal course of its business, including the enforcement of its rights under contracts with our portfolio companies. Further, third parties may try to seek to impose liability on the Company in connection with the activities of its portfolio companies. While the Company cannot predict the outcome of these legal proceedings with certainty, we do not expect that these proceedings will have a material effect on its consolidated financial statements.

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Financial Highlights

6 Months Ended

Jun. 30, 2023

Investment Company [Abstract]

Financial Highlights

10. Financial highlights

The following per share data and ratios have been derived from information provided in the consolidated financial statements. The following is a schedule of financial highlights for a common share outstanding for the six months ended June 30, 2023 and 2022:

	Six Months Ended
	June 30, 2023			June 30, 2022
Per Share Data:
Net asset value, beginning of period	$	4.39		$	4.73
Investment Operations:
Net investment income, before incentive fees		0.30			0.16
Incentive fees(1)		(0.05	)		0.02
Net investment income(1)		0.25			0.18
Net realized and unrealized gain (loss)		(0.11	)		(0.14	)
Total from investment operations		0.14			0.04
Cumulative effect of adjustment for the adoption of ASU 2020-06(2)		—			(0.01	)
Repurchase of common stock		—			0.01
Dividends to stockholders(3)		(0.20	)		(0.20	)
Net asset value, end of period	$	4.33		$	4.57
Market price at end of period	$	3.28		$	3.67
Total return based on market price(4)		(4.14	)%		(3.67	)%
Total return based on net asset value(5)		4.35	%		1.44	%
Shares outstanding at end of period		72,571,907			73,354,142
Ratios to average net assets(6):
Operating expenses, before incentive fees		4.40	%		3.92	%
Interest and other debt related expenses		6.44	%		3.26	%
Total expenses, before incentive fees		10.84	%		7.18	%
Incentive fees(1)		1.18	%		(0.42	)%
Total expenses, after incentive fees		12.02	%		6.76	%
Net investment income		12.42	%		7.53	%
Net assets at end of period	$	314,029,059		$	335,444,647
Portfolio turnover rate		5	%		19	%
Weighted average interest rate on debt(7)		7.45	%		4.94	%
Weighted average debt outstanding	$	270,570,675		$	210,643,606
Weighted average shares outstanding		72,571,907			73,744,580
Weighted average debt per share(8)	$	3.73		$	2.86

(1)For the six months ended June 30, 2023, the net investment income per share amount displayed above is net of incentive fees based on income of $0.05 per share or 1.18% of average net assets. For the six months ended June 30, 2022, the net investment income per share amount displayed above is net of a reversal of hypothetical liquidation basis GAAP incentive fees on capital gains of $(0.02) per share, or (0.45)% of average net assets, and is also net of incentive fees based on income.

(2)The Company adopted ASU 2020-06 under the modified retrospective basis as of January 1, 2022 (see Note 4).

(3)For the six months ended June 30, 2023, it is estimated that all of the $14.5 million declared dividends were from net investment income based on book income. The amount of dividend related to net investment income and return of capital will be adjusted on an annual basis, if necessary, and calculated in accordance with federal income tax regulations (see Note 2).

(4)Total return based on market value is calculated by determining the percentage change in market value per share during the period and assuming that the shares are purchased at market price at the beginning of the period and the dividends are reinvested in accordance with the Company’s dividend reinvestment plan. Not annualized.

(5)Total return based on net asset value is calculated by determining the percentage change in net asset value per share during the period and assuming that the shares are purchased at market price at the beginning of the period and the dividends are reinvested in accordance with the Company’s dividend reinvestment plan. Not annualized.

(6)Annualized, except for incentive fees.

(7)Weighted average interest rate on debt includes contractual interest and amortization of debt issuance costs (see Note 4).

(8)Weighted average debt per share is calculated as weighted average debt outstanding divided by the weighted average shares outstanding during the applicable period.

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Subsequent Events

6 Months Ended

Jun. 30, 2023

Subsequent Events [Abstract]

Subsequent events

11. Subsequent events

On August 1, 2023, the Company’s Board declared a dividend of $0.10 per share, payable on October 6, 2023 to stockholders of record at the close of business on September 15, 2023.

The Company has reviewed subsequent events occurring through the date that these consolidated financial statements were available to be issued and determined that no subsequent events occurred requiring accrual or disclosure, except as disclosed above and elsewhere in these notes to consolidated financial statements.

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Summary of Significant Accounting Policies (Policies)

6 Months Ended

Jun. 30, 2023

Accounting Policies [Abstract]

Basis of Presentation

Basis of Presentation

The accompanying consolidated financial statements are prepared in accordance with United States (“U.S.”) generally accepted accounting principles (“GAAP”). The Company is an investment company following the accounting and reporting guidance in Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) 946, Financial Services-Investment Company (“ASC 946”).

The accompanying consolidated financial statements include the accounts of the Company and its subsidiaries, which were established to hold certain investments of the Company. The Company owns 100% of each subsidiary and, as such, the subsidiaries are consolidated into the Company’s consolidated financial statements. The subsidiaries hold investments which are treated as pass through entities for tax purposes. By investing through these 100% owned subsidiaries, the Company is able to benefit from corporate tax treatment for these entities and thereby create a tax structure that is more advantageous with respect to the RIC status of the Company. Intercompany balances and transactions are eliminated in consolidation.

Certain prior period information has been reclassified to conform to the current period presentation. The reclassification has no effect on the Company’s consolidated financial position or the consolidated results of operations as previously reported.

Expenses are recorded on an accrual basis.

Unaudited Interim Consolidated Financial Statements

Unaudited Interim Consolidated Financial Statements

Certain financial information that is normally included in annual financial statements, including certain financial statement footnotes, prepared in accordance with GAAP, is not required for interim reporting purposes and has been condensed or omitted herein. These consolidated financial statements should be read in conjunction with the Company’s consolidated financial statements and notes related thereto included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2022, which was filed with the Securities and Exchange Commission (“SEC”) on March 1, 2023.

The interim financial information at June 30, 2023 and for the three and six months ended June 30, 2023 and 2022 is unaudited. However, in the opinion of management, the interim information includes all normal recurring adjustments necessary for the fair presentation of the Company’s results for the periods presented. The results of operations for interim periods are not necessarily indicative of results to be expected for the full year.

Use of Estimates

Use of Estimates

The preparation of the consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the consolidated financial statements, as well as the reported amounts of revenues and expenses during the reporting periods presented. Although management believes these estimates and assumptions to be reasonable, actual results could differ from those estimates and such differences could be material.

Investment Valuation

Investment Valuation

Pursuant to Rule 2a-5 (the "Rule") under the 1940 Act, the Company’s Board of Directors (the "Board") has designated BlackRock Capital Investment Advisors, LLC (“BCIA” or the “Advisor”) as the Company’s valuation designee (the “Valuation Designee”) to perform certain fair value functions, including performing fair value determinations, and has reviewed and approved amended policies and procedures adopted by BCIA to seek to ensure compliance with the requirements of the Rule as part of such designation. The Valuation Designee will provide quarterly valuation reporting and notifications on any material valuation matters to the Board as required under the Rule.

Investments are recorded at fair value based upon the principles and methods of valuation set forth in the Valuation Designee's policies and procedures adopted for the Company by the Board and the Valuation Designee. Securities traded on a recognized securities exchange are valued using the close price on the exchange on valuation date. Investments for which market prices from an exchange are not readily available are valued using the last available bid price or quote provided by an independent pricing service or one or more broker-dealers or market makers, unless they are deemed not to represent fair value. Debt and equity securities for which market quotations are not readily available or for which market quotations are deemed not to represent fair value are valued at fair value as determined in good faith by or under the direction of the Company’s Valuation Designee.

Because the Company expects that there will not be a readily available market for all of the investments in its portfolio, the Company expects to value a significant portion of its portfolio investments at fair value as determined in good faith by or under the direction of the Valuation Designee using a consistently applied valuation process in accordance with documented valuation policies and procedures reviewed and approved by a committee established by the Valuation Designee (the "Valuation Committee"). Due to the inherent uncertainty and subjectivity of determining the fair value of investments that do not have a readily available market value, the fair value of the Company’s investments may differ significantly from the values that would have been used had a readily available market value existed for such investments and may differ materially from the values that the Company may ultimately realize, as these amounts depend on future circumstances and cannot reasonably be determined until the individual investments are actually liquidated. Such circumstances may include macroeconomic, cyclical, geopolitical and other events and conditions such as the COVID-19 pandemic and the Russian military invasion of Ukraine, rising interest rates and risks related to inflation and credit risk, that may significantly impact the profitability or viability of businesses in which the Company is invested, and therefore may significantly impact the return on and realizability of the Company’s investments.

In addition, changes in the market environment and other events may have differing impacts on the market quotations used to value some of the Company’s investments than on the fair values of the Company’s investments for which market quotations are not readily available. Market quotations may be deemed not to represent fair value in certain circumstances where the Valuation Designee believes that facts and circumstances applicable to an issuer, a seller, a purchaser or the market for a particular security cause current market quotations to not reflect the fair value of the security. Examples of these events could include cases where a security trades infrequently causing a quoted purchase or sale price to become stale, where there is a “forced” sale by a distressed seller, where market quotations vary substantially among market makers, or where there is a wide bid-ask spread or significant increase in the bid-ask spread.

With respect to the Company’s investments for which market quotations are not readily available or for which market quotations are deemed not to represent fair value, the Valuation Designee has approved a multi-step valuation process applied each quarter, as described below:

(i)The quarterly valuation process begins with each portfolio company or investment being initially evaluated and rated by the investment professionals of the Valuation Designee responsible for the portfolio investment;

(ii)The investment professionals provide recent portfolio company financial statements and other reporting materials as and when available to independent valuation firms engaged by the Valuation Designee and approved by the Valuation Committee (with the exception of statements and materials related to investments priced directly by the Valuation Designee as described in (iv) below), such firms conduct independent appraisals each quarter and their preliminary valuation conclusions are documented and discussed with senior management of the Advisor;

(iii)The Valuation Committee reviews the preliminary valuations prepared by the independent valuation firm and the Valuation Designee, as applicable;

(iv)The fair value of certain investments, comprising in the aggregate, less than 5% of the Company’s net asset value and no more than 15% of total positions held, respectively, may be determined by the Valuation Designee in good faith without the engagement of an independent valuation firm in accordance with the Company’s valuation policy; provided that if only the threshold with respect to the number of all positions valued at zero or immaterial amounts is exceeded, the Valuation Designee may request the Valuation Committee's approval to not request a fair valuation from an independent valuation firm for all such positions; and

(v)The Valuation Designee discuss valuations and determines the fair value of each investment in the portfolio in good faith based on the input of the Valuation Committee and the respective independent valuation firms.

Those investments for which market quotations are not readily available or for which market quotations are deemed not to represent fair value are valued generally utilizing a market approach, an income approach, or both approaches, as appropriate. The market approach uses prices and other relevant information generated by market transactions involving identical or comparable assets or liabilities (including a business). The income approach uses valuation techniques to convert future amounts (for example, cash flows or earnings) to a single present amount (discounted). The measurement is based on the value indicated by current market expectations about those future amounts. In following these approaches, the types of factors that the Company may take into account in determining the fair value of its investments include, as relevant and among other factors: available current market data, including relevant and applicable market trading and transaction comparables, applicable market yields and multiples, security covenants, call protection provisions, information rights, the nature and realizable value of any collateral, the portfolio company’s ability to make payments, (e.g. non-performance risk), its earnings and discounted cash flows, the markets in which the portfolio company does business, comparisons of financial ratios of peer companies that are public, M&A comparables, the Company’s principal market (as the reporting entity), any bid for a Company asset (irrespective of the perceived validity of such bid), and enterprise values. For positions acquired during the current quarter, the Valuation Designee generally believes that cost will approximate fair

value. As such, an independent valuation, in certain cases, may not be obtained until the quarter-end after the quarter the investment is acquired in.

ASC 820-10, Fair Value Measurements and Disclosures (“ASC 820-10”), issued by the FASB, defines fair value, establishes a framework for measuring fair value and requires disclosures about fair value measurements. ASC 820-10 defines fair value as the price that the Company would receive upon selling an investment or pay to transfer a liability in an orderly transaction to a market participant in the principal or most advantageous market for the investment. ASC 820-10 emphasizes that valuation techniques maximize the use of observable market inputs and minimize the use of unobservable inputs. Inputs refer broadly to the assumptions that market participants would use in pricing an asset or liability, including assumptions about risk. Inputs may be observable or unobservable. Observable inputs are inputs that reflect the assumptions market participants would use in pricing an asset or liability developed based on market data obtained from sources independent of the Company. Unobservable inputs are inputs that reflect the Company’s assumptions about the assumptions market participants would use in pricing an asset or liability developed based on the best information available in the circumstances.

Level 1 – Valuations based on unadjusted quoted prices in active markets for identical assets or liabilities that the Company has the ability to access.

Level 2 – Valuations based on unadjusted quoted prices in markets that are not active or for which most significant inputs are observable, either directly or indirectly.

Level 3 – Valuations based on inputs that are unobservable and significant to the overall fair value measurement. The inputs into the determination of fair value may require significant management judgment or estimation.

Transfers between levels, if any, represent the value as of the beginning of the period of any investment where a change in the pricing level occurred from the beginning to the end of the period.

At June 30, 2023, the Company’s investments were categorized as follows:

Level	Basis for Determining Fair Value	Bank Debt(1)		Other Corporate Debt(2)		Equity Securities		Total
1	Quoted prices in active markets for identical assets	$	—	$	—	$	—	$	—
2	Other direct and indirect observable market inputs(3)		35,656,092		—		—		35,656,092
3	Valuation sources that employ significant unobservable inputs		535,307,387		20,942,000		3,931,932		560,181,319
Total		$	570,963,479	$	20,942,000	$	3,931,932	$	595,837,411

(1)Includes senior secured loans.

(2)Includes senior secured notes, unsecured debt and subordinated debt.

(3)For example, quoted prices in inactive markets or quotes for comparable investments.

Unobservable inputs used in the fair value measurement of Level 3 investments as of June 30, 2023 included the following:

Asset Type	Fair Value		Valuation Technique	Unobservable Input	Weighted Average Range(1) (Concluded Value)(2)
Bank Debt	$	505,516,761	Income approach	Discount rate	13.0% - 13.8% (13.5%)
		26,825,380	Market quotations	Indicative bid/ask quotes	1 (1)
		1,189,932	Market comparable companies	Revenue multiples	0.5x - 0.7x (0.6x)
		1,775,314	Option Pricing Model	Implied volatility	60.0% - 70.0% (65.0%)
				Term	1.3 years - 2.3 years (1.8 years)
				EBITDA/Revenue multiples	1.8x - 2.3x (2.0x)
Other Corporate Debt		20,942,000	Income approach	Discount rate	13.8% - 15.3% (14.4%)
Equity		1,399,668	Option Pricing Model	EBITDA/Revenue multiples	2.4x - 2.9x (2.7x)
				Implied volatility	57.8% - 67.8% (62.8%)
				Term	1.5 years - 2.5 years (2.0 years)
		2,400,116	Income approach	Discount rate	13.4% - 13.9% (13.6%)
		132,148	Market comparable companies	Revenue multiples	2.3x - 2.6x (2.5x)
	$	560,181,319

(1)Representing the weighted average of each significant unobservable input range at the investment level by fair value.

(2)Representing the weighted average of each significant unobservable input for concluded value at the investment level by fair value.

Certain fair value measurements may employ more than one valuation technique, with each valuation technique receiving a relative weight between 0% and 100%. Generally, a change in an unobservable input may result in a change to the value of an investment as follows:

Input	Impact to Value if Input Increases	Impact to Value if Input Decreases
Discount rate	Decrease	Increase
Revenue multiples	Increase	Decrease
EBITDA multiples	Increase	Decrease
Book value multiples	Increase	Decrease
Implied volatility	Increase	Decrease
Term	Increase	Decrease
Yield	Increase	Decrease

Changes in investments categorized as Level 3 during the three months ended June 30, 2023 were as follows:

	Bank Debt			Other Corporate Debt			Equity Securities			Total
Beginning balance	$	525,892,549		$	21,594,000		$	8,354,948		$	555,841,497
Net realized and unrealized gains (losses)		1,398,994			(150,641	)		(4,512,056	)		(3,263,703	)
Acquisitions(1)		21,238,755			1,557			89,040			21,329,352
Dispositions		(5,719,598	)		(502,916	)		—			(6,222,514	)
Transfers into Level 3(2)		7,380,725			—			—			7,380,725
Transfers out of Level 3(3)		(14,884,038	)		—			—			(14,884,038	)
Ending balance	$	535,307,387		$	20,942,000		$	3,931,932		$	560,181,319
Net change in unrealized appreciation/depreciation during the period on investments still held at period end (included in net realized and unrealized gains/losses, above)	$	1,360,798		$	(150,641	)	$	(4,512,056	)	$	(3,301,899	)

(1)Includes payments received in kind and accretion of original issue and market discounts.

(2)Comprised of two investments that were transferred from Level 2 to Level 3 due to decreased observable market activity.

(3)Comprised of five investments that were transferred from Level 3 to Level 2 due to increased observable market activity.

Changes in investments categorized as Level 3 during the six months ended June 30, 2023 were as follows:

	Bank Debt			Other Corporate Debt			Equity Securities			Total
Beginning balance	$	494,932,878		$	21,782,823		$	10,223,080		$	526,938,781
Net realized and unrealized gains (losses)		1,855,751			436,820			(6,154,586	)		(3,862,015	)
Acquisitions(1)		58,314,673			3,409			175,382			58,493,464
Dispositions		(10,258,442	)		(1,281,052	)		(311,944	)		(11,851,438	)
Transfers into Level 3(2)		6,371,096			—			—			6,371,096
Transfers out of Level 3(3)		(15,908,569	)		—			—			(15,908,569	)
Ending balance	$	535,307,387		$	20,942,000		$	3,931,932		$	560,181,319
Net change in unrealized appreciation/depreciation during the period on investments still held at period end (included in net realized and unrealized gains/losses, above)	$	1,309,491		$	367,507		$	(4,848,282	)	$	(3,171,284	)

(1)Includes payments received in kind and accretion of original issue and market discounts.

(2)Comprised of two investments that were transferred from Level 2 to Level 3 due to decreased observable market activity.

(3)Comprised of five investments that were transferred from Level 3 to Level 2 due to increased observable market activity.

At December 31, 2022, the Company’s investments were categorized as follows:

Level	Basis for Determining Fair Value	Bank Debt(1)		Other Corporate Debt(2)		Equity Securities		Total
1	Quoted prices in active markets for identical assets	$	—	$	—	$	—	$	—
2	Other direct and indirect observable market inputs(3)		43,550,303		—		—		43,550,303
3	Valuation sources that employ significant unobservable inputs		494,932,878		21,782,823		10,223,080		526,938,781
Total		$	538,483,181	$	21,782,823	$	10,223,080	$	570,489,084

(1)Includes senior secured loans.

(2)Includes senior secured notes, unsecured debt and subordinated debt.

(3)For example, quoted prices in inactive markets or quotes for comparable investments.

Unobservable inputs used in the fair value measurement of Level 3 investments as of December 31, 2022 included the following:

Asset Type	Fair Value		Valuation Technique	Unobservable Input	Weighted Average Range(1) (Concluded Value)(2)
Bank Debt	$	450,067,848	Income approach	Discount rate	12.9% - 13.7% (13.3%)
		43,102,197	Market quotations	Indicative bid/ask quotes	1 (1)
		1,762,833	Option Pricing Model	Implied volatility	60.0% - 70.0% (65.0%)
				Term	1.8 years - 2.8 years (2.3 years)
Other Corporate Debt		21,074,000	Income approach	Discount rate	13.6% - 15.1% (14.3%)
		708,823	Market comparable companies	Revenue multiples	0.1x - 0.2x (0.2x)
Equity		1,586,504	Option Pricing Model	EBITDA/Revenue multiples	3.6x - 3.9x (3.8x)
				Implied volatility	58.2% - 68.2% (63.2%)
				Term	1.8 years - 2.9 years (2.4 years)
		4,373,400	Market comparable companies	EBITDA multiples	5.8x - 6.8x (6.3x)
		3,972,472	Income approach	Discount rate	20.3% - 32.8% (24.6%)
		290,704	Market comparable companies	Revenue multiples	2.1x - 2.3x (2.2x)
	$	526,938,781

(1)Representing the weighted average of each significant unobservable input range at the investment level by fair value.

(2)Representing the weighted average of each significant unobservable input for concluded value at the investment level by fair value.

Changes in investments categorized as Level 3 during the three months ended June 30, 2022 were as follows:

	Bank Debt			Other Corporate Debt			Equity Securities			Total
Beginning balance	$	448,941,825		$	28,664,354		$	12,894,493		$	490,500,672
Net realized and unrealized gains (losses)		(7,868,042	)		692,232			(768,142	)		(7,943,952	)
Acquisitions(1)		71,509,591			1,318			78,729			71,589,638
Dispositions		(20,890,895	)		(4,175,384	)		—			(25,066,279	)
Transfers into Level 3(2)		6,987,400			—			—			6,987,400
Transfers out of Level 3(3)		(1,877,265	)		—			—			(1,877,265	)
Ending balance	$	496,802,614		$	25,182,520		$	12,205,080		$	534,190,214
Net change in unrealized appreciation/depreciation during the period on investments still held at period end (included in net realized and unrealized gains/losses, above)	$	(7,592,410	)	$	692,232		$	(768,142	)	$	(7,668,320	)

(1)Includes payments received in kind and accretion of original issue and market discounts.

(2)Comprised of one investment that was transferred from Level 2 to Level 3 due to decreased observable market activity.

(3)Comprised of one investment that was transferred from Level 3 to Level 2 due to increased observable market activity.

Changes in investments categorized as Level 3 during the six months ended June 30, 2022 were as follows:

	Bank Debt			Other Corporate Debt			Equity Securities			Total
Beginning balance	$	483,970,602		$	28,568,871		$	12,489,257		$	525,028,730
Net realized and unrealized gains (losses)		(9,826,619	)		786,218			(453,966	)		(9,494,367	)
Acquisitions(1)		114,309,011			2,815			169,789			114,481,615
Dispositions		(98,691,530	)		(4,175,384	)		—			(102,866,914	)
Transfers into Level 3(2)		7,041,150			—			—			7,041,150
Ending balance	$	496,802,614		$	25,182,520		$	12,205,080		$	534,190,214
Net change in unrealized appreciation/depreciation during the period on investments still held at period end (included in net realized and unrealized gains/losses, above)	$	(9,255,305	)	$	770,779		$	(453,966	)	$	(8,938,492	)

(1)Includes payments received in kind and accretion of original issue and market discounts.

(2)Comprised of one investment that was transferred from Level 2 to Level 3 due to decreased observable market activity.

Investment Transactions

Investment Transactions

Security transactions are accounted for on the trade date unless there are substantial conditions to the transaction. Realized gains or losses are measured by the difference between the net proceeds from the disposition and the amortized cost of the investment. Unrealized gains or losses primarily reflect the change in investment values, including the reversal of previously recorded unrealized gains or losses when gains or losses are realized. Realized gains or losses on the disposition of investments are calculated using the specific identification method.

Cash and Cash Equivalents

Cash and Cash Equivalents

Cash consists of amounts held in accounts with the custodian bank. Cash equivalents include short-term liquid overnight investments with original maturities of three months or less and may not be insured by the Federal Deposit Insurance Corporation or may exceed federally insured limits. Cash equivalents are classified as Level 1 in the fair value hierarchy.

Restricted Investments

Restricted Investments

The Company may invest without limitation in instruments that are subject to legal or contractual restrictions on resale. These instruments generally may be resold to institutional investors in transactions exempt from registration or to the public if the securities are registered. Disposal of these investments may involve time-consuming negotiations and additional expense, and prompt sale at an acceptable price may be difficult. See Notes to the Consolidated Schedules of Investments. Restricted investments, including any restricted investments in affiliates, are valued in accordance with the investment valuation policies discussed above.

Foreign Currency Investments

Foreign Currency Investments

The Company may invest in instruments traded in foreign countries and denominated in foreign currencies. Foreign currency amounts are translated into U.S. dollars on the following basis:

(i)market value of investment securities, other assets and liabilities—at the spot exchange rate on the last business day of the period; and

(ii)purchases and sales of investment securities, income and expenses—at the rates of exchange prevailing on the respective dates of such transactions, income or expenses.

Although net assets and fair values are presented based on the applicable foreign exchange rates described above, the Company may not isolate that portion of the results of operations resulting from changes in foreign exchange rates on investments from the fluctuations arising from changes in fair values of investments held. Such fluctuations are included with the net realized and unrealized gain or loss from investments.

Investments denominated in foreign currencies and foreign currency transactions may involve certain considerations and risks not typically associated with those of domestic origin, including unanticipated movements in the value of the foreign currency relative to the U.S. dollar. There were no investments denominated in foreign currency as of June 30, 2023 and December 31, 2022.

Derivatives Instruments

Derivative Instruments:

The Company records all derivative financial instruments as either assets or liabilities at fair value on a gross basis in the Consolidated Statements of Assets and Liabilities.

Foreign Currency Forward Contracts and Warrants

The Company may enter into forward foreign currency contracts from time to time to facilitate settlement of purchases and sales of investments denominated in foreign currencies or to help mitigate the impact that an adverse change in foreign exchange rates would have on the value of the Company’s investments denominated in foreign currencies. A forward foreign currency contract is a commitment to purchase or sell a foreign currency at a future date (usually the security transaction settlement date) at a negotiated forward rate. These contracts are marked-to-market by recognizing the difference between the contract exchange rate and the current market rate as unrealized appreciation or depreciation. Realized gains or losses are recognized when contracts are settled. Risks may arise as a result of the potential inability of the counterparties to meet the terms of their contracts. The Company attempts to limit this risk by dealing with only creditworthy counterparties. There were no open forward foreign currency contracts at June 30, 2023 and December 31, 2022.

The Company holds warrants and options in certain portfolio companies in an effort to achieve additional investment return. In purchasing warrants and options, the Company bears the risk of an unfavorable change in the value of the underlying equity interest. The aggregate fair value of warrants and options as of June 30, 2023 and December 31, 2022 represented 0.5% and 0.6% of the Company’s net assets, respectively.

Interest Rate Swap

The Company entered into a centrally-cleared interest rate swap (the “Interest Rate Swap”) to economically hedge the interest payable on the fixed rate tranche of the Company’s 2025 Private Placement Notes (as defined below) (see Note 4). The Company is required to deposit initial margin with the broker in the form of cash in an amount that varies depending on the size and risk profile of the particular swap. Pursuant to the contract, the Company agrees to receive from or pay to the broker daily variation margin. The amounts related to the right to claim or the obligation to return cash collateral may not be used to offset amounts due under the Interest Rate Swap contract in the normal course of settlement. Therefore, both the initial margin and variation margin paid are included as assets within Due from broker on the Consolidated Statements of Assets and Liabilities at June 30, 2023 and December 31, 2022.

Changes in the fair value of the swap contract, net of any periodic interest accruals, are presented as part of change in unrealized appreciation (depreciation) on the Consolidated Statements of Operations. The Interest Rate Swap is recorded at fair value and is presented as a liability on the Company's Consolidated Statements of Assets and Liabilities at June 30, 2023 and December 31, 2022. Interest rate swap agreements are valued utilizing quotes received from independent pricing services or through brokers, which are derived using daily swap curves and models that incorporate a number of market data factors, such as discounted cash flows, trades and values of the underlying reference instruments. The fair value of the Interest Rate Swap is classified as Level 2 with respect to the fair value hierarchy. See Note 4 for additional information on the Company’s Interest Rate Swap.

Debt Issuance Costs

Debt Issuance Costs

Certain costs incurred in connection with the issuance and/or extension of debt of the Company and its subsidiaries were capitalized and are being amortized on a straight-line basis over the estimated remaining life of the respective instruments. The impact of utilizing the straight-line amortization method versus the effective-interest method is not material to the operations of the Company.

Revenue Recognition

Revenue Recognition

Interest and dividend income, including income paid in kind, is recorded on an accrual basis, when such amounts are considered collectible. Origination, structuring, closing, commitment and other upfront fees, including original issue discounts, earned with respect to capital commitments are generally amortized or accreted into interest income over the life of the respective debt investment, as are end-of-term or exit fees receivable upon repayment of a debt investment. Other fees, including certain amendment fees, prepayment fees and commitment fees on broken deals, are recognized as earned.

Certain debt investments are purchased at a discount to par as a result of the underlying credit risks and financial results of the issuer, as well as general market factors that influence the financial markets as a whole. Discounts on the acquisition of corporate bonds are generally amortized using the effective-interest or constant-yield method assuming there are no questions as to collectability. When principal payments on a loan are received in an amount in excess of the loan’s amortized cost, the excess principal payments are recorded as interest income.

For loans and securities with payment-in-kind (“PIK”) income, which represents contractual interest or dividends accrued and added to the principal balance and generally due at maturity, such income is accrued only to the extent that the Advisor believes that the PIK income is likely to be collected. To maintain the Company’s status as a RIC, this non-cash source of income must be paid out to stockholders in the form of dividends, even though the Company has not yet collected the cash.

Income Taxes

Income Taxes

The Company intends to comply with the requirements of the Internal Revenue Code of 1986, as amended, applicable to regulated investment companies, and to distribute substantially all of its taxable income to its shareholders. Therefore, no U.S. federal income tax provision is required.

The tax returns of the Company remain open for examination by tax authorities for a period of three years from the date they are filed. No such examinations are currently pending. Management has analyzed tax laws and regulations and their application to the Company as of June 30, 2023, inclusive of the open tax return years, and does not believe that there are any uncertain tax positions that require recognition of a tax liability in the consolidated financial statements.

The final tax characterization of dividends is determined after the fiscal year and is reported on Form 1099 and in the Company’s annual report to shareholders. Dividends can be characterized as ordinary income, capital gains and/or return of capital. As of December 31, 2022, the Company had non-expiring capital loss carryforwards in the amount of $401,155,603 available to offset future realized capital gains.

At December 31, 2022, gross unrealized appreciation and depreciation based on the cost of the Company's investments for U.S. federal income tax purposes were as follows:

	December 31, 2022
Tax basis of investments	$	615,741,586
Unrealized appreciation		49,398,479
Unrealized depreciation		(95,970,114	)
Net unrealized depreciation(1)	$	(46,571,635	)

(1)Includes net unrealized depreciation on the Company's Interest Rate Swap.

Non-Accrual Loans

Non-Accrual Loans

Loans or debt securities are placed on non-accrual status, as a general matter, when principal or interest payments are past due 30 days or more or when there is reasonable doubt that principal or interest will be collected. Accrued interest generally is reversed when a loan or debt security is placed on non-accrual status. Interest payments received on non-accrual loans or debt securities may be recognized as income or applied to principal depending upon management’s judgment. Non-accrual loans and debt securities are restored to accrual status when past due principal and interest is paid and, in management’s judgment, are likely to remain current. The Company may make exceptions to this treatment if the loan has sufficient collateral value and is in the process of collection.

Market and Credit Risk

Market and Credit Risk

The Company has investments in lower rated and comparable quality unrated senior and junior secured, unsecured and subordinated debt securities and loans, which are subject to a greater degree of credit risk than more highly rated investments. The risk of loss due to default by the issuer is significantly greater for holders of such securities and loans, particularly in cases where the investment is unsecured or subordinated to other creditors of the issuer.

In the normal course of business, the Company invests in securities and enters into transactions where risks exist due to fluctuations in the market (market risk) or failure of the issuer of a security to meet all its obligations (issuer credit risk). The value of securities held by the Company may decline in response to certain events, including those directly involving the issuers whose securities are owned by the Company; conditions affecting the general economy; overall market changes; local, regional or global political, social or economic instability; and currency and interest rate and price fluctuations. The impact of epidemics and pandemics such as the coronavirus, could affect the economies of many nations, individual companies and the market in general in ways that cannot necessarily be foreseen at the present time. Similar to issuer credit risk, the Company may be exposed to counterparty credit risk, or the risk that an entity with which the Company has unsettled or open transactions may fail to or be unable to perform on its commitments. The Company manages counterparty risk by entering into transactions only with counterparties that they believe have the financial resources to honor their obligations and by monitoring the financial stability of those counterparties. Financial assets, which potentially expose the Company to market, issuer and counterparty credit risks, consist principally of investments in portfolio companies. The extent of the Company’s exposure to market, issuer and counterparty credit risks with respect to these financial assets is generally approximated by their fair value recorded in the Consolidated Statements of Assets and Liabilities. The Company is also exposed to credit risk related to maintaining all of its cash at a major financial institution.

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Summary of Significant Accounting Policies (Tables)

6 Months Ended

Jun. 30, 2023

Accounting Policies [Abstract]

Schedule of Investments

At June 30, 2023, the Company’s investments were categorized as follows:

Level	Basis for Determining Fair Value	Bank Debt(1)		Other Corporate Debt(2)		Equity Securities		Total
1	Quoted prices in active markets for identical assets	$	—	$	—	$	—	$	—
2	Other direct and indirect observable market inputs(3)		35,656,092		—		—		35,656,092
3	Valuation sources that employ significant unobservable inputs		535,307,387		20,942,000		3,931,932		560,181,319
Total		$	570,963,479	$	20,942,000	$	3,931,932	$	595,837,411

(1)Includes senior secured loans.

(2)Includes senior secured notes, unsecured debt and subordinated debt.

(3)For example, quoted prices in inactive markets or quotes for comparable investments.

At December 31, 2022, the Company’s investments were categorized as follows:

Level	Basis for Determining Fair Value	Bank Debt(1)		Other Corporate Debt(2)		Equity Securities		Total
1	Quoted prices in active markets for identical assets	$	—	$	—	$	—	$	—
2	Other direct and indirect observable market inputs(3)		43,550,303		—		—		43,550,303
3	Valuation sources that employ significant unobservable inputs		494,932,878		21,782,823		10,223,080		526,938,781
Total		$	538,483,181	$	21,782,823	$	10,223,080	$	570,489,084

(1)Includes senior secured loans.

(2)Includes senior secured notes, unsecured debt and subordinated debt.

(3)For example, quoted prices in inactive markets or quotes for comparable investments.

Schedule of Unobservable Inputs Used in Fair Value Measurement of Level 3 Investments

Unobservable inputs used in the fair value measurement of Level 3 investments as of June 30, 2023 included the following:

Asset Type	Fair Value		Valuation Technique	Unobservable Input	Weighted Average Range(1) (Concluded Value)(2)
Bank Debt	$	505,516,761	Income approach	Discount rate	13.0% - 13.8% (13.5%)
		26,825,380	Market quotations	Indicative bid/ask quotes	1 (1)
		1,189,932	Market comparable companies	Revenue multiples	0.5x - 0.7x (0.6x)
		1,775,314	Option Pricing Model	Implied volatility	60.0% - 70.0% (65.0%)
				Term	1.3 years - 2.3 years (1.8 years)
				EBITDA/Revenue multiples	1.8x - 2.3x (2.0x)
Other Corporate Debt		20,942,000	Income approach	Discount rate	13.8% - 15.3% (14.4%)
Equity		1,399,668	Option Pricing Model	EBITDA/Revenue multiples	2.4x - 2.9x (2.7x)
				Implied volatility	57.8% - 67.8% (62.8%)
				Term	1.5 years - 2.5 years (2.0 years)
		2,400,116	Income approach	Discount rate	13.4% - 13.9% (13.6%)
		132,148	Market comparable companies	Revenue multiples	2.3x - 2.6x (2.5x)
	$	560,181,319

(1)Representing the weighted average of each significant unobservable input range at the investment level by fair value.

(2)Representing the weighted average of each significant unobservable input for concluded value at the investment level by fair value.

Unobservable inputs used in the fair value measurement of Level 3 investments as of December 31, 2022 included the following:

Asset Type	Fair Value		Valuation Technique	Unobservable Input	Weighted Average Range(1) (Concluded Value)(2)
Bank Debt	$	450,067,848	Income approach	Discount rate	12.9% - 13.7% (13.3%)
		43,102,197	Market quotations	Indicative bid/ask quotes	1 (1)
		1,762,833	Option Pricing Model	Implied volatility	60.0% - 70.0% (65.0%)
				Term	1.8 years - 2.8 years (2.3 years)
Other Corporate Debt		21,074,000	Income approach	Discount rate	13.6% - 15.1% (14.3%)
		708,823	Market comparable companies	Revenue multiples	0.1x - 0.2x (0.2x)
Equity		1,586,504	Option Pricing Model	EBITDA/Revenue multiples	3.6x - 3.9x (3.8x)
				Implied volatility	58.2% - 68.2% (63.2%)
				Term	1.8 years - 2.9 years (2.4 years)
		4,373,400	Market comparable companies	EBITDA multiples	5.8x - 6.8x (6.3x)
		3,972,472	Income approach	Discount rate	20.3% - 32.8% (24.6%)
		290,704	Market comparable companies	Revenue multiples	2.1x - 2.3x (2.2x)
	$	526,938,781

(1)Representing the weighted average of each significant unobservable input range at the investment level by fair value.

(2)Representing the weighted average of each significant unobservable input for concluded value at the investment level by fair value.

Schedule of Change in Value of Investment Over Change in Unobservable Input

Certain fair value measurements may employ more than one valuation technique, with each valuation technique receiving a relative weight between 0% and 100%. Generally, a change in an unobservable input may result in a change to the value of an investment as follows:

Input	Impact to Value if Input Increases	Impact to Value if Input Decreases
Discount rate	Decrease	Increase
Revenue multiples	Increase	Decrease
EBITDA multiples	Increase	Decrease
Book value multiples	Increase	Decrease
Implied volatility	Increase	Decrease
Term	Increase	Decrease
Yield	Increase	Decrease

Schedule of Changes in Investments Categorized as Level 3

Changes in investments categorized as Level 3 during the three months ended June 30, 2023 were as follows:

	Bank Debt			Other Corporate Debt			Equity Securities			Total
Beginning balance	$	525,892,549		$	21,594,000		$	8,354,948		$	555,841,497
Net realized and unrealized gains (losses)		1,398,994			(150,641	)		(4,512,056	)		(3,263,703	)
Acquisitions(1)		21,238,755			1,557			89,040			21,329,352
Dispositions		(5,719,598	)		(502,916	)		—			(6,222,514	)
Transfers into Level 3(2)		7,380,725			—			—			7,380,725
Transfers out of Level 3(3)		(14,884,038	)		—			—			(14,884,038	)
Ending balance	$	535,307,387		$	20,942,000		$	3,931,932		$	560,181,319
Net change in unrealized appreciation/depreciation during the period on investments still held at period end (included in net realized and unrealized gains/losses, above)	$	1,360,798		$	(150,641	)	$	(4,512,056	)	$	(3,301,899	)

(1)Includes payments received in kind and accretion of original issue and market discounts.

(2)Comprised of two investments that were transferred from Level 2 to Level 3 due to decreased observable market activity.

(3)Comprised of five investments that were transferred from Level 3 to Level 2 due to increased observable market activity.

Changes in investments categorized as Level 3 during the six months ended June 30, 2023 were as follows:

	Bank Debt			Other Corporate Debt			Equity Securities			Total
Beginning balance	$	494,932,878		$	21,782,823		$	10,223,080		$	526,938,781
Net realized and unrealized gains (losses)		1,855,751			436,820			(6,154,586	)		(3,862,015	)
Acquisitions(1)		58,314,673			3,409			175,382			58,493,464
Dispositions		(10,258,442	)		(1,281,052	)		(311,944	)		(11,851,438	)
Transfers into Level 3(2)		6,371,096			—			—			6,371,096
Transfers out of Level 3(3)		(15,908,569	)		—			—			(15,908,569	)
Ending balance	$	535,307,387		$	20,942,000		$	3,931,932		$	560,181,319
Net change in unrealized appreciation/depreciation during the period on investments still held at period end (included in net realized and unrealized gains/losses, above)	$	1,309,491		$	367,507		$	(4,848,282	)	$	(3,171,284	)

(1)Includes payments received in kind and accretion of original issue and market discounts.

(2)Comprised of two investments that were transferred from Level 2 to Level 3 due to decreased observable market activity.

(3)Comprised of five investments that were transferred from Level 3 to Level 2 due to increased observable market activity.

Changes in investments categorized as Level 3 during the three months ended June 30, 2022 were as follows:

	Bank Debt			Other Corporate Debt			Equity Securities			Total
Beginning balance	$	448,941,825		$	28,664,354		$	12,894,493		$	490,500,672
Net realized and unrealized gains (losses)		(7,868,042	)		692,232			(768,142	)		(7,943,952	)
Acquisitions(1)		71,509,591			1,318			78,729			71,589,638
Dispositions		(20,890,895	)		(4,175,384	)		—			(25,066,279	)
Transfers into Level 3(2)		6,987,400			—			—			6,987,400
Transfers out of Level 3(3)		(1,877,265	)		—			—			(1,877,265	)
Ending balance	$	496,802,614		$	25,182,520		$	12,205,080		$	534,190,214
Net change in unrealized appreciation/depreciation during the period on investments still held at period end (included in net realized and unrealized gains/losses, above)	$	(7,592,410	)	$	692,232		$	(768,142	)	$	(7,668,320	)

(1)Includes payments received in kind and accretion of original issue and market discounts.

(2)Comprised of one investment that was transferred from Level 2 to Level 3 due to decreased observable market activity.

(3)Comprised of one investment that was transferred from Level 3 to Level 2 due to increased observable market activity.

Changes in investments categorized as Level 3 during the six months ended June 30, 2022 were as follows:

	Bank Debt			Other Corporate Debt			Equity Securities			Total
Beginning balance	$	483,970,602		$	28,568,871		$	12,489,257		$	525,028,730
Net realized and unrealized gains (losses)		(9,826,619	)		786,218			(453,966	)		(9,494,367	)
Acquisitions(1)		114,309,011			2,815			169,789			114,481,615
Dispositions		(98,691,530	)		(4,175,384	)		—			(102,866,914	)
Transfers into Level 3(2)		7,041,150			—			—			7,041,150
Ending balance	$	496,802,614		$	25,182,520		$	12,205,080		$	534,190,214
Net change in unrealized appreciation/depreciation during the period on investments still held at period end (included in net realized and unrealized gains/losses, above)	$	(9,255,305	)	$	770,779		$	(453,966	)	$	(8,938,492	)

(1)Includes payments received in kind and accretion of original issue and market discounts.

(2)Comprised of one investment that was transferred from Level 2 to Level 3 due to decreased observable market activity.

Schedule of Gross Unrealized Appreciation and Depreciation Based on Cost of Investments

At December 31, 2022, gross unrealized appreciation and depreciation based on the cost of the Company's investments for U.S. federal income tax purposes were as follows:

	December 31, 2022
Tax basis of investments	$	615,741,586
Unrealized appreciation		49,398,479
Unrealized depreciation		(95,970,114	)
Net unrealized depreciation(1)	$	(46,571,635	)

(1)Includes net unrealized depreciation on the Company's Interest Rate Swap.

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Debt (Tables)

6 Months Ended

Jun. 30, 2023

Debt Disclosure [Abstract]

Schedule of Debt Outstanding and Available

Total debt outstanding and available at June 30, 2023 was as follows:

	Maturity	Rate		Carrying Value			Available			Total Capacity
Credit Facility	2025	S+2.25%	(1)	$	192,000,000		$	73,000,000	(2)	$	265,000,000	(3)
2025 Private Placement Notes	2025	Fixed/Variable	(4)		91,171,157	(5)		—			91,171,157
Debt, net of unamortized issuance costs				$	283,171,157		$	73,000,000		$	356,171,157

(1)The applicable margin for SOFR-based borrowings could be either 2.00% or 2.25% depending on a ratio of the borrowing base to certain committed indebtedness, and is also subject to a credit spread adjustment of 0.10%. If the Company elects to borrow based on the alternate base rate, the applicable margin could be either 1.00% or 1.25% depending on a ratio of the borrowing base to certain committed indebtedness.

(2)Subject to borrowing base and leverage restrictions.

(3)Provides for a feature that allows the Company, under certain circumstances, to increase the size of the Credit Facility up to $325.0 million.

(4)The 2025 Private Placement Notes were issued in two tranches, consisting of a $35.0 million aggregate principal amount with a fixed interest rate of 5.82% and a $57.0 million aggregate principal amount bearing interest at a rate equal to SOFR plus 3.14%.

(5)The carrying value of 2025 Private Placement Notes was comprised of the following:

	June 30, 2023
Principal amount of debt	$	92,000,000
Unamortized issuance costs		(828,843	)
Carrying value	$	91,171,157

Total debt outstanding and available at December 31, 2022 was as follows:

	Maturity	Rate		Carrying Value			Available			Total Capacity
Credit Facility	2025	L+2.00%	(1)	$	162,000,000		$	103,000,000	(2)	$	265,000,000	(3)
2025 Private Placement Notes	2025	Fixed/Variable	(4)		91,003,161	(5)		—			91,003,161
Debt, net of unamortized issuance costs				$	253,003,161		$	103,000,000		$	356,003,161

(1)The applicable margin for LIBOR-based borrowings was either 2.00% or 2.25% depending on a ratio of the borrowing base to certain indebtedness. If the Company elects to borrow based on the alternate base rate, the applicable margin could be either 1.00% or 1.25% depending on a ratio of the borrowing base to certain indebtedness.

(2)Subject to borrowing base and leverage restrictions.

(3)Provides for a feature that allows the Company, under certain circumstances, to increase the size of the Credit Facility up to $325.0 million.

(4)The 2025 Private Placement Notes were issued in two tranches, consisting of a $35.0 million aggregate principal amount with a fixed interest rate of 5.82% and a $57.0 million aggregate principal amount bearing interest at a rate equal to SOFR plus 3.14%.

(5)The carrying value of 2025 Private Placement Notes was comprised of the following:

	December 31, 2022
Principal amount of debt	$	92,000,000
Unamortized issuance costs		(996,839	)
Carrying value	$	91,003,161

Schedule of Total Expenses Related to Debt

Total expenses related to debt for the three and six months ended June 30, 2023 and 2022 included the following:

	Three Months Ended June 30,				Six Months Ended June 30,
	2023		2022		2023		2022
Stated interest expense	$	5,136,153	$	2,322,209	$	9,546,288	$	4,489,106
Amortization of deferred debt issuance costs		249,058		325,665		445,104		668,747
Total interest expense		5,385,211		2,647,874		9,991,392		5,157,853
Commitment and credit facility fees		97,239		212,817		209,289		431,789
Total	$	5,482,450	$	2,860,691	$	10,200,681	$	5,589,642

Summary of Carrying and Fair Values of Outstanding Debt

The carrying and fair values of the Company’s outstanding debt as of June 30, 2023 and December 31, 2022 were as follows:

	June 30, 2023				December 31, 2022
	Carrying Value		Fair Value		Carrying Value		Fair Value
Credit Facility	$	192,000,000	$	175,680,000	$	162,000,000	$	146,610,000
2025 Private Placement Notes		91,171,157		90,734,530		91,003,161		89,074,810
Total	$	283,171,157	$	266,414,530	$	253,003,161	$	235,684,810

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Investments (Tables)

6 Months Ended

Jun. 30, 2023

Schedule of Investments [Abstract]

Schedule of Investments

At June 30, 2023, investments consisted of the following:

	Cost		Fair Value
Senior secured notes	$	988,074	$	988,000
Unsecured debt		37,183,232		14,999,000
Subordinated debt		5,000,000		4,955,000
Senior secured loans:
First lien		504,569,408		497,077,006
Second/other priority lien		83,669,054		73,886,473
Total senior secured loans		588,238,462		570,963,479
Preferred stock		40,702,606		2,400,116
Common stock		10,611,548		—
Limited partnership/limited liability company interests		7,757,987		49,500
Equity warrants/options		115,348		1,482,316
Total investments	$	690,597,257	$	595,837,411

At December 31, 2022, investments consisted of the following:

	Cost		Fair Value
Senior secured notes	$	1,920,592	$	1,624,823
Unsecured debt		37,686,148		15,228,000
Subordinated debt		5,000,000		4,930,000
Senior secured loans:
First lien		455,458,846		447,490,518
Second/other priority lien		98,468,621		90,992,663
Total senior secured loans		553,927,467		538,483,181
Preferred stock		40,527,223		2,354,224
Common stock		10,611,548		—
Limited partnership/limited liability company interests		8,511,838		5,991,648
Equity warrants/options		115,348		1,877,208
Total investments	$	658,300,164	$	570,489,084

Schedule of Industry Composition of Portfolio at Fair Value

The Company generally uses GICS to classify the industries of its portfolio companies. The following table shows the industry composition of the portfolio, at fair value, at June 30, 2023 and December 31, 2022.

Industry	June 30, 2023			December 31, 2022
Software		17.2	%		15.2	%
Diversified Financial Services		14.7			14.5
Internet Software & Services		11.6			11.1
Diversified Consumer Services		7.7			8.3
Professional Services		6.9			7.2
Health Care Technology		4.3			4.4
Health Care Providers & Services		3.6			3.7
IT Services		3.4			2.5
Road & Rail		2.5			2.6
Insurance		2.5			2.5
Construction & Engineering		2.4			2.6
Containers & Packaging		2.3			2.5
Paper & Forest Products		2.2			1.7
Consumer Finance		1.9			1.3
Hotels, Restaurants & Leisure		1.9			0.9
Technology Hardware, Storage & Peripherals		1.8			1.8
Specialty Retail		1.8			1.9
Textiles, Apparel & Luxury Goods		1.7			1.7
Commercial Services & Supplies		1.1			1.1
Media		1.1			1.0
Real Estate Management & Development		1.1			1.1
Machinery		1.0			0.9
Internet & Catalog Retail		1.0			1.0
Trading Companies & Distributors		1.0			1.0
Wireless Telecommunication Services		0.8			0.8
Leisure Products		0.4			0.5
Building Products		0.4			0.4
Automobiles		0.4			0.4
Life Sciences Tools & Services		0.4			0.4
Semiconductors & Semiconductor Equipment		0.4			0.4
Distributors		0.4			0.4
Capital Markets		0.1			0.2
Health Care Equipment & Supplies		—			2.5
Household Durables		—			0.8
Metals & Mining		—			0.6
Electrical Equipment		—			0.1
Chemicals		—			—
Oil, Gas & Consumable Fuels		—			—
Totals		100.0	%		100.0	%

Schedule of Geographic Composition of Portfolio at Fair Value

The following table shows the geographic composition of the portfolio at fair value at June 30, 2023 and December 31, 2022. The geographic composition is determined by several factors including the location of the corporate headquarters and the country of registration of the portfolio company.

Geography	June 30, 2023			December 31, 2022
United States		84.4	%		85.4	%
United Kingdom		7.3			7.2
Germany		3.6			3.7
Canada		1.1			1.1
Switzerland		1.0			1.0
Netherlands		1.0			—
Slovenia		0.9			0.9
Australia		0.7			0.7
Totals		100.0	%		100.0	%

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Stockholders' Equity and Dividends (Tables)

6 Months Ended

Jun. 30, 2023

Equity [Abstract]

Schedule of Declared Dividends to Common Stockholders

For the three and six months ended June 30, 2023 and 2022, declared dividends to common stockholders were as follows:

Date Declared	Record Date	Payment Date	Type	Amount Per Share		Total Amount		Reinvested dividends paid during quarter (1) (2)
February 28, 2023	March 16, 2023	April 6, 2023	Regular	$	0.10	$	7,257,191	$	768,930
April 26, 2023	June 15, 2023	July 6, 2023	Regular		0.10		7,257,191		737,537
Total				$	0.20	$	14,514,382	$	1,506,467
Date Declared	Record Date	Payment Date	Type	Amount Per Share		Total Amount		Reinvested dividends paid during quarter (1) (2)
March 1, 2022	March 17, 2022	April 7, 2022	Regular	$	0.10	$	7,380,270	$	698,261
April 27, 2022	June 16, 2022	July 7, 2022	Regular		0.10		7,363,184		744,840
Total				$	0.20	$	14,743,454	$	1,443,101

(1)The Company has adopted a dividend reinvestment plan that provides for reinvestment of dividends on behalf of stockholders, unless a stockholder elects to receive cash.

(2)Dividends reinvested through purchase of shares in the open market.

Schedule of Total Shares Repurchased And Amounts Paid By The Company Under The Company Repurchase Plan, Including Broker Fees

The following table summarizes the total shares repurchased and amounts paid by the Company under the Company Repurchase Plan, including broker fees, for the three and six months ended June 30, 2022:

June 30, 2022	Shares Repurchased		Price Per Share		Total Cost
Three Months Ended		420,083	$	3.78	$	1,586,451
Six Months Ended		526,391		3.85		2,026,688

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Earnings (Loss) Per Share (Tables)

6 Months Ended

Jun. 30, 2023

Earnings Per Share [Abstract]

Schedule of Computation Basic and Diluted Net Increase (Decrease) in Net Assets from Operations Per Share

The following information sets forth the computation of basic and diluted net increase (decrease) in net assets from operations per share (earnings (loss) per share) for the three and six months ended June 30, 2023 and 2022.

	Three Months Ended					Six Months Ended
	June 30, 2023		June 30, 2022			June 30, 2023		June 30, 2022
Net increase (decrease) in net assets resulting from operations	$	1,503,691	$	(2,540,160	)	$	10,021,088	$	2,982,214
Weighted average shares outstanding – basic(1)		72,571,907		73,667,822			72,571,907		73,744,580
Earnings (loss) per share – basic and diluted	$	0.02	$	(0.03	)	$	0.14	$	0.04

(1)No adjustments for interest or incremental shares on the 2022 Convertible Notes were included for the three and six months ended June 30, 2022 because the effect would be antidilutive.

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Financial Highlights (Tables)

6 Months Ended

Jun. 30, 2023

Investment Company [Abstract]

Schedule of Financial Highlights

The following per share data and ratios have been derived from information provided in the consolidated financial statements. The following is a schedule of financial highlights for a common share outstanding for the six months ended June 30, 2023 and 2022:

	Six Months Ended
	June 30, 2023			June 30, 2022
Per Share Data:
Net asset value, beginning of period	$	4.39		$	4.73
Investment Operations:
Net investment income, before incentive fees		0.30			0.16
Incentive fees(1)		(0.05	)		0.02
Net investment income(1)		0.25			0.18
Net realized and unrealized gain (loss)		(0.11	)		(0.14	)
Total from investment operations		0.14			0.04
Cumulative effect of adjustment for the adoption of ASU 2020-06(2)		—			(0.01	)
Repurchase of common stock		—			0.01
Dividends to stockholders(3)		(0.20	)		(0.20	)
Net asset value, end of period	$	4.33		$	4.57
Market price at end of period	$	3.28		$	3.67
Total return based on market price(4)		(4.14	)%		(3.67	)%
Total return based on net asset value(5)		4.35	%		1.44	%
Shares outstanding at end of period		72,571,907			73,354,142
Ratios to average net assets(6):
Operating expenses, before incentive fees		4.40	%		3.92	%
Interest and other debt related expenses		6.44	%		3.26	%
Total expenses, before incentive fees		10.84	%		7.18	%
Incentive fees(1)		1.18	%		(0.42	)%
Total expenses, after incentive fees		12.02	%		6.76	%
Net investment income		12.42	%		7.53	%
Net assets at end of period	$	314,029,059		$	335,444,647
Portfolio turnover rate		5	%		19	%
Weighted average interest rate on debt(7)		7.45	%		4.94	%
Weighted average debt outstanding	$	270,570,675		$	210,643,606
Weighted average shares outstanding		72,571,907			73,744,580
Weighted average debt per share(8)	$	3.73		$	2.86

(1)For the six months ended June 30, 2023, the net investment income per share amount displayed above is net of incentive fees based on income of $0.05 per share or 1.18% of average net assets. For the six months ended June 30, 2022, the net investment income per share amount displayed above is net of a reversal of hypothetical liquidation basis GAAP incentive fees on capital gains of $(0.02) per share, or (0.45)% of average net assets, and is also net of incentive fees based on income.

(2)The Company adopted ASU 2020-06 under the modified retrospective basis as of January 1, 2022 (see Note 4).

(3)For the six months ended June 30, 2023, it is estimated that all of the $14.5 million declared dividends were from net investment income based on book income. The amount of dividend related to net investment income and return of capital will be adjusted on an annual basis, if necessary, and calculated in accordance with federal income tax regulations (see Note 2).

(4)Total return based on market value is calculated by determining the percentage change in market value per share during the period and assuming that the shares are purchased at market price at the beginning of the period and the dividends are reinvested in accordance with the Company’s dividend reinvestment plan. Not annualized.

(5)Total return based on net asset value is calculated by determining the percentage change in net asset value per share during the period and assuming that the shares are purchased at market price at the beginning of the period and the dividends are reinvested in accordance with the Company’s dividend reinvestment plan. Not annualized.

(6)Annualized, except for incentive fees.

(7)Weighted average interest rate on debt includes contractual interest and amortization of debt issuance costs (see Note 4).

(8)Weighted average debt per share is calculated as weighted average debt outstanding divided by the weighted average shares outstanding during the applicable period.

XML

Summary of Significant Accounting Policies - Additional Information (Details) - USD ($)	Jun. 30, 2023	Dec. 31, 2022
Schedule Of Summary Of Significant Accounting Policies [Line Items]
Aggregate fair value of warrants and options		0.60%
Percentage of aggregate fair value of warrants and options on net assets	0.50%
Non-expiring capital loss carryforwards		$ 401,155,603
Maximum
Schedule Of Summary Of Significant Accounting Policies [Line Items]
Percentage of aggregate fair value of net assets	5.00%
Percent of positions held	15.00%
Maximum | Level 3
Schedule Of Summary Of Significant Accounting Policies [Line Items]
Valuation technique relative weight range	100.00%
Minimum | Level 3
Schedule Of Summary Of Significant Accounting Policies [Line Items]
Valuation technique relative weight range	0.00%
Foreign Currency Forward Contracts
Schedule Of Summary Of Significant Accounting Policies [Line Items]
Forward foreign currency contracts	$ 0	$ 0
BlackRock Capital Investment Corporation
Schedule Of Summary Of Significant Accounting Policies [Line Items]
Ownership percentage by parent	100.00%

XML

Summary of Significant Accounting Policies - Schedule of Investments (Details) - USD ($)	Jun. 30, 2023	Dec. 31, 2022
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Investments, Fair Value	$ 595,837,411	$ 570,489,084
Bank Debt
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Investments, Fair Value	570,963,479	538,483,181
Other Corporate Debt
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Investments, Fair Value	20,942,000	21,782,823
Equity Securities
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Investments, Fair Value	3,931,932	10,223,080
Quoted Prices in Active Markets for Identical Assets
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Investments, Fair Value	0	0
Quoted Prices in Active Markets for Identical Assets | Bank Debt
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Investments, Fair Value	0	0
Quoted Prices in Active Markets for Identical Assets | Other Corporate Debt
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Investments, Fair Value	0	0
Quoted Prices in Active Markets for Identical Assets | Equity Securities
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Investments, Fair Value	0	0
Other Direct and Indirect Observable Market Inputs
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Investments, Fair Value	35,656,092	43,550,303
Other Direct and Indirect Observable Market Inputs | Bank Debt
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Investments, Fair Value	35,656,092	43,550,303
Other Direct and Indirect Observable Market Inputs | Other Corporate Debt
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Investments, Fair Value	0	0
Other Direct and Indirect Observable Market Inputs | Equity Securities
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Investments, Fair Value	0	0
Valuation Sources that Employ Significant Unobservable Inputs
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Investments, Fair Value	560,181,319	526,938,781
Valuation Sources that Employ Significant Unobservable Inputs | Bank Debt
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Investments, Fair Value	535,307,387	494,932,878
Valuation Sources that Employ Significant Unobservable Inputs | Other Corporate Debt
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Investments, Fair Value	20,942,000	21,782,823
Valuation Sources that Employ Significant Unobservable Inputs | Equity Securities
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Investments, Fair Value	$ 3,931,932	$ 10,223,080

XML

Summary of Significant Accounting Policies - Schedule of Unobservable Inputs Used in Fair Value Measurement of Level 3 Investments (Details) - USD ($)	Jun. 30, 2023	Dec. 31, 2022
Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]
Investments, Fair Value	$ 595,837,411	$ 570,489,084
Bank Debt
Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]
Investments, Fair Value	570,963,479	538,483,181
Other Corporate Debt
Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]
Investments, Fair Value	20,942,000	21,782,823
Equity Securities
Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]
Investments, Fair Value	3,931,932	10,223,080
Level 3
Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]
Investments, Fair Value	$ 560,181,319	526,938,781
Level 3 | Minimum
Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]
Weighted Average Range	0.00%
Level 3 | Maximum
Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]
Weighted Average Range	100.00%
Level 3 | Bank Debt
Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]
Investments, Fair Value	$ 535,307,387	494,932,878
Level 3 | Bank Debt | Income Approach | Discount Rate
Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]
Investments, Fair Value	$ 505,516,761	$ 450,067,848
Concluded Value	13.50%	13.30%
Level 3 | Bank Debt | Income Approach | Discount Rate | Minimum
Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]
Weighted Average Range	13.00%	12.90%
Level 3 | Bank Debt | Income Approach | Discount Rate | Maximum
Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]
Weighted Average Range	13.80%	13.70%
Level 3 | Bank Debt | Market Quotations | Indicative Bid/Ask Quotes
Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]
Investments, Fair Value	$ 26,825,380
Weighted Average Range	1.00%
Concluded Value	1.00%
Level 3 | Bank Debt | Market Comparable Companies | Revenue Multiple
Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]
Investments, Fair Value	$ 1,189,932
Concluded Value	0.006
Level 3 | Bank Debt | Market Comparable Companies | Revenue Multiple | Minimum
Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]
Weighted Average Range	0.005
Level 3 | Bank Debt | Market Comparable Companies | Revenue Multiple | Maximum
Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]
Weighted Average Range	0.007
Level 3 | Bank Debt | Option Pricing Model | Implied Volatility
Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]
Investments, Fair Value	$ 1,775,314	$ 1,762,833
Concluded Value	65.00%	65.00%
Level 3 | Bank Debt | Option Pricing Model | Implied Volatility | Minimum
Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]
Weighted Average Range	60.00%	60.00%
Level 3 | Bank Debt | Option Pricing Model | Implied Volatility | Maximum
Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]
Weighted Average Range	70.00%	70.00%
Level 3 | Bank Debt | Option Pricing Model | Term
Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]
Weighted Average Range, Term	1 year 9 months 18 days	2 years 3 months 18 days
Level 3 | Bank Debt | Option Pricing Model | Term | Minimum
Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]
Weighted Average Range, Term	1 year 3 months 18 days	1 year 9 months 18 days
Level 3 | Bank Debt | Option Pricing Model | Term | Maximum
Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]
Weighted Average Range, Term	2 years 3 months 18 days	2 years 9 months 18 days
Level 3 | Bank Debt | Option Pricing Model | EBITDA Multiples
Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]
Concluded Value	0.02
Level 3 | Bank Debt | Option Pricing Model | EBITDA Multiples | Minimum
Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]
Weighted Average Range	1.80%
Level 3 | Bank Debt | Option Pricing Model | EBITDA Multiples | Maximum
Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]
Weighted Average Range	2.30%
Level 3 | Other Corporate Debt
Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]
Investments, Fair Value	$ 20,942,000	$ 21,782,823
Level 3 | Other Corporate Debt | Income Approach | Discount Rate
Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]
Investments, Fair Value	$ 20,942,000	$ 21,074,000
Concluded Value		14.30%
Concluded Value	0.144
Level 3 | Other Corporate Debt | Income Approach | Discount Rate | Minimum
Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]
Weighted Average Range	13.80%	13.60%
Level 3 | Other Corporate Debt | Income Approach | Discount Rate | Maximum
Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]
Weighted Average Range	15.30%	15.10%
Level 3 | Other Corporate Debt | Market Comparable Companies | Revenue Multiple
Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]
Investments, Fair Value		$ 708,823
Concluded Value		0.2
Level 3 | Other Corporate Debt | Market Comparable Companies | Revenue Multiple | Minimum
Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]
Weighted Average Range		0.1
Level 3 | Other Corporate Debt | Market Comparable Companies | Revenue Multiple | Maximum
Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]
Weighted Average Range		0.2
Level 3 | Equity Securities
Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]
Investments, Fair Value	$ 3,931,932	$ 10,223,080
Level 3 | Equity Securities | Income Approach | Discount Rate
Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]
Investments, Fair Value	$ 2,400,116	$ 3,972,472
Concluded Value		24.60%
Concluded Value	0.136
Level 3 | Equity Securities | Income Approach | Discount Rate | Minimum
Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]
Weighted Average Range	13.40%	20.30%
Level 3 | Equity Securities | Income Approach | Discount Rate | Maximum
Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]
Weighted Average Range	13.90%	32.80%
Level 3 | Equity Securities | Market Quotations | Indicative Bid/Ask Quotes
Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]
Investments, Fair Value		$ 43,102,197
Weighted Average Range		1
Concluded Value		1
Level 3 | Equity Securities | Market Comparable Companies | Revenue Multiple
Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]
Investments, Fair Value	$ 132,148	$ 290,704
Concluded Value	0.025	2.2
Level 3 | Equity Securities | Market Comparable Companies | Revenue Multiple | Minimum
Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]
Weighted Average Range	2.30%
Weighted Average Range		2.1
Level 3 | Equity Securities | Market Comparable Companies | Revenue Multiple | Maximum
Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]
Weighted Average Range	2.60%
Weighted Average Range		2.3
Level 3 | Equity Securities | Market Comparable Companies | EBITDA Multiples
Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]
Investments, Fair Value		$ 4,373,400
Concluded Value		6.3
Level 3 | Equity Securities | Market Comparable Companies | EBITDA Multiples | Minimum
Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]
Weighted Average Range		5.8
Level 3 | Equity Securities | Market Comparable Companies | EBITDA Multiples | Maximum
Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]
Weighted Average Range		6.8
Level 3 | Equity Securities | Option Pricing Model | EBITDA/Revenue Multiples
Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]
Investments, Fair Value	$ 1,399,668	$ 1,586,504
Concluded Value	0.027	3.8
Level 3 | Equity Securities | Option Pricing Model | EBITDA/Revenue Multiples | Minimum
Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]
Weighted Average Range	0.024	3.6
Level 3 | Equity Securities | Option Pricing Model | EBITDA/Revenue Multiples | Maximum
Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]
Weighted Average Range	0.029	3.9
Level 3 | Equity Securities | Option Pricing Model | Implied Volatility
Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]
Concluded Value		63.20%
Concluded Value	0.628
Level 3 | Equity Securities | Option Pricing Model | Implied Volatility | Minimum
Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]
Weighted Average Range	57.80%	58.20%
Level 3 | Equity Securities | Option Pricing Model | Implied Volatility | Maximum
Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]
Weighted Average Range	67.80%	68.20%
Level 3 | Equity Securities | Option Pricing Model | Term
Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]
Weighted Average Range, Term	2 years	2 years 4 months 24 days
Level 3 | Equity Securities | Option Pricing Model | Term | Minimum
Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]
Weighted Average Range, Term	1 year 6 months	1 year 9 months 18 days
Level 3 | Equity Securities | Option Pricing Model | Term | Maximum
Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]
Weighted Average Range, Term	2 years 6 months	2 years 10 months 24 days

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Summary of Significant Accounting Policies - Schedule of Change in Value of Investment Over Change in Unobservable Input (Details)	6 Months Ended
	Jun. 30, 2023
Discount Rate
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Impact to Value if Input Increases	Decrease
Impact to Value if Input Decreases	Increase
Revenue Multiple
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Impact to Value if Input Increases	Increase
Impact to Value if Input Decreases	Decrease
EBITDA Multiples
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Impact to Value if Input Increases	Increase
Impact to Value if Input Decreases	Decrease
Book Value Multiples
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Impact to Value if Input Increases	Increase
Impact to Value if Input Decreases	Decrease
Implied Volatility
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Impact to Value if Input Increases	Increase
Impact to Value if Input Decreases	Decrease
Term
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Impact to Value if Input Increases	Increase
Impact to Value if Input Decreases	Decrease
Yield
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Impact to Value if Input Increases	Increase
Impact to Value if Input Decreases	Decrease

XML

Summary of Significant Accounting Policies - Schedule of Changes in Investments Categorized as Level 3 (Details) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]
Beginning balance	$ 555,841,497	$ 490,500,672	$ 526,938,781	$ 525,028,730
Net realized and unrealized gains (losses)	$ (3,263,703)	$ (7,943,952)	$ (3,862,015)	$ (9,494,367)
Fair Value, Asset, Recurring Basis, Unobservable Input Reconciliation, Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration]	Gain (Loss) on Investments	Gain (Loss) on Investments	Gain (Loss) on Investments	Gain (Loss) on Investments
Acquisitions	$ 21,329,352	$ 71,589,638	$ 58,493,464	$ 114,481,615
Dispositions	(6,222,514)	(25,066,279)	(11,851,438)	(102,866,914)
Transfers into Level 3	7,380,725	6,987,400	6,371,096	7,041,150
Transfers out of Level 3	(14,884,038)	(1,877,265)	(15,908,569)
Ending balance	560,181,319	534,190,214	560,181,319	534,190,214
Net change in unrealized appreciation/depreciation during the period on investments still held at period end (included in net realized and unrealized gains/losses, above)	$ (3,301,899)	$ (7,668,320)	$ (3,171,284)	$ (8,938,492)
Fair Value, Asset, Recurring Basis, Still Held, Unrealized Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration]	Unrealized Gain (Loss), Investment, Derivative, and Foreign Currency Transaction Price Change, Operating, after Tax	Unrealized Gain (Loss), Investment, Derivative, and Foreign Currency Transaction Price Change, Operating, after Tax	Unrealized Gain (Loss), Investment, Derivative, and Foreign Currency Transaction Price Change, Operating, after Tax	Unrealized Gain (Loss), Investment, Derivative, and Foreign Currency Transaction Price Change, Operating, after Tax
Bank Debt
Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]
Beginning balance	$ 525,892,549	$ 448,941,825	$ 494,932,878	$ 483,970,602
Net realized and unrealized gains (losses)	$ 1,398,994	$ (7,868,042)	$ 1,855,751	$ (9,826,619)
Fair Value, Asset, Recurring Basis, Unobservable Input Reconciliation, Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration]	Gain (Loss) on Investments	Gain (Loss) on Investments	Gain (Loss) on Investments	Gain (Loss) on Investments
Acquisitions	$ 21,238,755	$ 71,509,591	$ 58,314,673	$ 114,309,011
Dispositions	(5,719,598)	20,890,895	(10,258,442)	(98,691,530)
Transfers into Level 3	7,380,725	6,987,400	6,371,096	7,041,150
Transfers out of Level 3	(14,884,038)	0	0
Ending balance	535,307,387	496,802,614	535,307,387	496,802,614
Net change in unrealized appreciation/depreciation during the period on investments still held at period end (included in net realized and unrealized gains/losses, above)	$ 1,360,798	$ (7,592,410)	$ 1,309,491	$ (9,255,305)
Fair Value, Asset, Recurring Basis, Still Held, Unrealized Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration]	Unrealized Gain (Loss), Investment, Derivative, and Foreign Currency Transaction Price Change, Operating, after Tax	Unrealized Gain (Loss), Investment, Derivative, and Foreign Currency Transaction Price Change, Operating, after Tax	Unrealized Gain (Loss), Investment, Derivative, and Foreign Currency Transaction Price Change, Operating, after Tax	Unrealized Gain (Loss), Investment, Derivative, and Foreign Currency Transaction Price Change, Operating, after Tax
Other Corporate Debt
Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]
Beginning balance	$ 21,594,000	$ 28,664,354	$ 21,782,823	$ 28,568,871
Net realized and unrealized gains (losses)	$ (150,641)	$ 692,232	$ 436,820	$ 786,218
Fair Value, Asset, Recurring Basis, Unobservable Input Reconciliation, Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration]	Gain (Loss) on Investments	Gain (Loss) on Investments	Gain (Loss) on Investments	Gain (Loss) on Investments
Acquisitions	$ 1,557	$ 1,318	$ 3,409	$ 2,815
Dispositions	(502,916)	4,175,384	(1,281,052)	(4,175,384)
Transfers into Level 3	0	0	0	0
Transfers out of Level 3	0	0	0
Ending balance	20,942,000	25,182,520	20,942,000	25,182,520
Net change in unrealized appreciation/depreciation during the period on investments still held at period end (included in net realized and unrealized gains/losses, above)	$ (150,641)	$ 692,232	$ 367,507	$ 770,779
Fair Value, Asset, Recurring Basis, Still Held, Unrealized Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration]	Unrealized Gain (Loss), Investment, Derivative, and Foreign Currency Transaction Price Change, Operating, after Tax	Unrealized Gain (Loss), Investment, Derivative, and Foreign Currency Transaction Price Change, Operating, after Tax	Unrealized Gain (Loss), Investment, Derivative, and Foreign Currency Transaction Price Change, Operating, after Tax	Unrealized Gain (Loss), Investment, Derivative, and Foreign Currency Transaction Price Change, Operating, after Tax
Equity Securities
Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]
Beginning balance	$ 8,354,948	$ 12,894,493	$ 10,223,080	$ 12,489,257
Net realized and unrealized gains (losses)	$ (4,512,056)	$ (768,142)	$ (6,154,586)	$ (453,966)
Fair Value, Asset, Recurring Basis, Unobservable Input Reconciliation, Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration]	Gain (Loss) on Investments	Gain (Loss) on Investments	Gain (Loss) on Investments	Gain (Loss) on Investments
Acquisitions	$ 89,040	$ 78,729	$ 175,382	$ 169,789
Dispositions	0	0	(311,944)	0
Transfers into Level 3	0	0	0	0
Transfers out of Level 3	0	0	0
Ending balance	3,931,932	12,205,080	3,931,932	12,205,080
Net change in unrealized appreciation/depreciation during the period on investments still held at period end (included in net realized and unrealized gains/losses, above)	$ (4,512,056)	$ (768,142)	$ (4,848,282)	$ (453,966)
Fair Value, Asset, Recurring Basis, Still Held, Unrealized Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration]	Unrealized Gain (Loss), Investment, Derivative, and Foreign Currency Transaction Price Change, Operating, after Tax	Unrealized Gain (Loss), Investment, Derivative, and Foreign Currency Transaction Price Change, Operating, after Tax	Unrealized Gain (Loss), Investment, Derivative, and Foreign Currency Transaction Price Change, Operating, after Tax	Unrealized Gain (Loss), Investment, Derivative, and Foreign Currency Transaction Price Change, Operating, after Tax

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Summary of Significant Accounting Policies - Schedule of Changes in Investments Categorized as Level 3 (Parenthetical) (Details) - Investment	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Level 3
Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]
Number of investment transferred from level 3 to level 2	5	1	5
Level 2
Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]
Number of investment transferred from level 2 to level 3	2	1	2	1

XML

Summary of Significant Accounting Policies - Schedule of Gross Unrealized Appreciation and Depreciation Based on Cost of Investments (Details)	Dec. 31, 2022 USD ($)
Accounting Policies [Abstract]
Tax basis of investments	$ 615,741,586
Unrealized appreciation	49,398,479
Unrealized depreciation	(95,970,114)
Net unrealized depreciation	$ (46,571,635)	[1]

[1] Includes net unrealized depreciation on the Company's Interest Rate Swap.

XML

Management Fees, Incentive Fees and Other Expenses - Additional Information (Details) - USD ($)			3 Months Ended		6 Months Ended
		May 02, 2020	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022	Dec. 31, 2022
Management Fees Incentive Fees And Other Expenses [Line Items]
Threshold percentage of management fee on net asset value		200.00%
Management fee			$ 2,221,908	$ 1,947,167	$ 4,352,380	$ 4,007,031
Incentive fees on income			1,886,182	69,343	3,762,085	88,356
Incentive fees payable based on income			7,165,434		7,165,434		$ 3,403,349
Incentive fees on capital gains accrued (reversal) on liquidation basis	[1]		$ 0	$ (1,073,068)	$ 0	$ (1,544,569)
Maximum
Management Fees Incentive Fees And Other Expenses [Line Items]
Percentage of net assets attributable to common stock		7.00%
Pre-Incentive Fee Net Investment Income Less than 1.75% of Net Assets [Member]
Management Fees Incentive Fees And Other Expenses [Line Items]
Incentive fee based on income		0.00%
Quarterly percentage of net assets attributable to common stock		1.75%
Annual percentage of net assets attributable to common stock		7.00%
Pre-Incentive Fee Net Investment Income Between 1.75% to 2.12% of Net Assets [Member]
Management Fees Incentive Fees And Other Expenses [Line Items]
Incentive fee based on income		100.00%
Pre-Incentive Fee Net Investment Income Between 1.75% to 2.12% of Net Assets [Member] | Maximum
Management Fees Incentive Fees And Other Expenses [Line Items]
Quarterly percentage of net assets attributable to common stock		2.12%
Annual percentage of net assets attributable to common stock		8.48%
Pre-Incentive Fee Net Investment Income Between 1.75% to 2.12% of Net Assets [Member] | Minimum
Management Fees Incentive Fees And Other Expenses [Line Items]
Quarterly percentage of net assets attributable to common stock		1.75%
Annual percentage of net assets attributable to common stock		7.00%
Pre-Incentive Fee Net Investment Income More than 2.12% of Net Assets [Member]
Management Fees Incentive Fees And Other Expenses [Line Items]
Incentive fee based on income		17.50%
Quarterly percentage of net assets attributable to common stock		2.12%
Annual percentage of net assets attributable to common stock		8.48%
Annual Incentive Fee Based on Capital Gains
Management Fees Incentive Fees And Other Expenses [Line Items]
Incentive fee based on income		17.50%
Assets up to 200% of NAV
Management Fees Incentive Fees And Other Expenses [Line Items]
Management fee as percentage on total assets		1.50%
Assets exceeding 200% of NAV
Management Fees Incentive Fees And Other Expenses [Line Items]
Management fee as percentage on total assets		1.00%

[1] Net investment income and per share amounts displayed above are net of the reversal for incentive fees on capital gains which is reflected on a hypothetical liquidation basis in accordance with GAAP for the three and six month periods ended June 30, 2022 (see Note 3).

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Debt - Additional Information (Details)			3 Months Ended			6 Months Ended		12 Months Ended
	Jun. 09, 2022 USD ($) Tranche	Jun. 13, 2017 USD ($) $ / shares	Jun. 30, 2023 USD ($)	Mar. 31, 2023	Jun. 30, 2022 USD ($)	Jun. 30, 2023 USD ($)	Jun. 30, 2022 USD ($)	Dec. 31, 2022 USD ($) shares	Jan. 01, 2022 USD ($)	May 02, 2020	May 01, 2020
Debt Instrument [Line Items]
Percentage of asset coverage requirement										150.00%	200.00%
Percentage of asset Coverage			210.00%			210.00%		225.00%
Weighted average outstanding debt balance			$ 278,335,448		$ 213,448,919	$ 270,570,675	$ 210,643,606
Maximum amounts borrowed			$ 286,142,384			$ 286,142,384	$ 377,671,273
Maximum amounts borrowed					$ 377,673,980
Weighted average annual interest cost			7.76%		4.98%	7.45%	4.94%
Line of credit facility unused portion of commitment fee percentage						0.40%
Credit facility, commitment fee amount			$ 97,239		$ 212,817	$ 209,289	$ 431,789
Decrease in accumulated loss			(462,881,072)			(462,881,072)		$ (458,387,778)
Interest Rate Swap
Debt Instrument [Line Items]
Notional amount			$ 35,000,000			$ 35,000,000
Maturity date						Jun. 09, 2025
Fixed interest rate			2.633%			2.633%
Periodic payment			$ 353,268			$ 353,268
Fair value			$ (1,445,045)			$ (1,445,045)		(1,332,299)
SOFR
Debt Instrument [Line Items]
Adjustment to credit spread percentage			0.10%			0.10%
ASU 2020-06
Debt Instrument [Line Items]
Decrease in accumulated loss									$ 3,888,233
Decrease in additional paid in capital									4,337,631
Increase in carrying value of Convertible Notes									$ 449,398
Senior Secured Revolving Credit Facility
Debt Instrument [Line Items]
Credit facility, maximum borrowing capacity			$ 265,000,000			$ 265,000,000		265,000,000
Credit facility, increase in borrowing capacity subject to satisfaction of certain conditions			$ 325,000,000			$ 325,000,000		$ 325,000,000
Credit facility maturity date						Apr. 23, 2025
Minimum shareholders' equity requirement percentage of total assets						33.00%
Net proceeds from sale of equity interests						$ 240,000,000
Net proceeds from sale of equity interests percentage						25.00%
Debt instrument, covenant description						Under the Credit Facility, the Company is required to comply with various customary affirmative and restrictive covenants, including reporting requirements and financial covenants, including, without limitation, covenants related to: (a) limitations on the incurrence of additional indebtedness and liens, (b) limitations on certain investments and fundamental changes, (c) limitations on dividends and certain other restricted payments, (d) certain restrictions on subsidiaries, (e) maintaining a certain minimum shareholders’ equity, (f) maintaining an asset coverage ratio of not less than 1.5:1.0, (g) maintaining a senior coverage ratio of not less than 2.0:1:0, (h) limitations on certain transactions with affiliates, (i) limitations on pledging certain unencumbered assets, and (j) limitations on the creation or existence of agreements that prohibit liens on certain properties of the Company and certain of its subsidiaries. These covenants are subject to important limitations and exceptions that are described in the Credit Facility and other loan documents. Further, amounts available to borrow under the Credit Facility (and the incurrence of certain other permitted debt) are also subject to compliance with a borrowing base that applies different advance rates to different types of assets in the Company’s portfolio that are pledged as collateral. The Credit Facility is secured by a lien on substantially all of the assets of the Company and its wholly owned domestic subsidiaries, subject to certain customary exceptions.
Senior Secured Revolving Credit Facility | Minimum
Debt Instrument [Line Items]
Applicable margin for ABR borrowings			1.00%			1.00%		1.00%
Debt instrument, asset coverage ratio			1.5			1.5
Debt instrument, senior coverage ratio			2			2
Senior Secured Revolving Credit Facility | Maximum
Debt Instrument [Line Items]
Applicable margin for ABR borrowings			1.25%			1.25%		1.25%
Senior Secured Revolving Credit Facility | SOFR
Debt Instrument [Line Items]
Credit spread adjustment (percent)						0.10%
Debt instrument, basis spread on variable rate						2.25%
Senior Secured Revolving Credit Facility | SOFR | Minimum
Debt Instrument [Line Items]
Applicable margin for Benchmark-based borrowings			2.00%			2.00%
Senior Secured Revolving Credit Facility | SOFR | Maximum
Debt Instrument [Line Items]
Applicable margin for Benchmark-based borrowings			2.25%			2.25%
Senior Secured Revolving Credit Facility | LIBOR
Debt Instrument [Line Items]
Debt instrument, basis spread on variable rate								2.00%
Senior Secured Revolving Credit Facility | LIBOR | Minimum
Debt Instrument [Line Items]
Applicable margin for Benchmark-based borrowings								2.00%
Senior Secured Revolving Credit Facility | LIBOR | Maximum
Debt Instrument [Line Items]
Applicable margin for Benchmark-based borrowings								2.25%
5.00% Convertible Notes Due 2022
Debt Instrument [Line Items]
Debt instrument, maturity date		Jun. 15, 2022
Aggregate principal amount		$ 143,750,000
Debt instrument, interest rate		5.00%
Net proceeds from offering including exercise of overallotment option		$ 139,800,000
Repayment of aggregate outstanding principal amount plus outstanding accrued interest		$ 143,720,000
Debt instrument interest repayment commencement date		Dec. 15, 2017
Debt instrument interest payment terms				The interest rate on the notes was 5.00% per year, payable semiannually in arrears on June 15 and December 15 of each year, commencing on December 15, 2017.
Debt instrument conversion multiples principal amount		$ 1,000
Debt instrument conversion rate		118.2173
Debt instrument conversion price per share | $ / shares		$ 8.46
5.00% Convertible Notes Due 2022 | Common Stock
Debt Instrument [Line Items]
Shares issued to noteholder | shares								3,546
Aggregate value issued to a noteholder								$ 30,000
5.00% Convertible Notes Due 2022 | IPO
Debt Instrument [Line Items]
Aggregate principal amount		$ 125,000,000
5.00% Convertible Notes Due 2022 | Overallotment Option
Debt Instrument [Line Items]
Aggregate principal amount		$ 18,750,000
Unsecured Senior Notes Due 2025
Debt Instrument [Line Items]
Debt instrument, maturity date	Dec. 09, 2025
Debt instrument, covenant description				The Note Purchase Agreement contains customary terms and conditions for senior unsecured notes issued in a private placement, including, without limitation, affirmative and negative covenants such as information reporting, maintenance of the Company’s status as a business development company within the meaning of the Investment Company Act of 1940, as amended, and a regulated investment company under the Internal Revenue Code of 1986, as amended, minimum shareholders’ equity, minimum asset coverage ratio, and prohibitions on certain fundamental changes of the Company. The Note Purchase Agreement also contains customary events of default with customary cure and notice periods, including, without limitation, nonpayment, incorrect representation in any material respect, breach of covenant, cross-default under other indebtedness of the Company or certain significant subsidiaries, certain judgments and orders, and certain events of bankruptcy.Unsecured Convertible Senior Notes Due 2022 On June 13, 2017, the Company issued $143,750,000 in aggregate principal amount ($125,000,000 of the initial offering and $18,750,000 of the underwriters’ exercise of the overallotment option) of 5.00% Convertible Notes due 2022 under an indenture, dated as of June 13, 2017 (the “2022 Convertible Notes Indenture”). Net proceeds to the Company from the offering, including the exercise of the overallotment option, were approximately $139,800,000. The 2022 Convertible Notes matured on June 15, 2022, and the Company fully repaid the aggregate outstanding $143,720,000 principal amount (post noteholder conversion) plus outstanding accrued interest. The interest rate on the notes was 5.00% per year, payable semiannually in arrears on June 15 and December 15 of each year, commencing on December 15, 2017. Holders were able to convert their notes at their option prior to the close of business on the business day immediately preceding December 15, 2021, in integral multiples of $1,000 principal amount, only under certain circumstances. Upon noteholder conversion, the Company was able to pay or deliver, as the case may be, cash, shares of our common stock or a combination of cash and shares of our common stock, at our election at an initial conversion rate of 118.2173 shares of common stock per $1,000 principal amount of notes, which is equivalent to an initial conversion price of approximately $8.46 per share of the Company’s common stock. On or after December 23, 2021, the Company was able to redeem the 2022 Convertible Notes for cash, in whole or from time to time in part, at its option in accordance with their terms. During the year ended December 31, 2022, the Company issued 3,546 shares of common stock with an aggregate value of $30,000 to a noteholder who elected the conversion option in lieu of principal repayment pursuant to the redemption terms of the 2022 Convertible Notes Indenture. Prior to the adoption of ASU 2020-06, the Company determined that the embedded conversion options in the 2022 Convertible Notes were not required to be separately accounted for as a derivative under U.S. GAAP. In accounting for the 2022 Convertible Notes, at the time of issuance the Company estimated separate debt and equity components, and an original issue discount equal to the equity component was recorded in additional paid-in-capital in the accompanying Consolidated Statements of Assets and Liabilities. As of January 1, 2022, the Company adopted ASU 2020-06 using the modified retrospective basis. In accordance with this guidance, the Company has recombined the equity conversion component of our 2022 Convertible Notes outstanding, and before its maturity, had begun accounting for the 2022 Convertible Notes as a single liability measured at amortized cost. This resulted in a cumulative decrease to additional paid in capital of $4,337,631, offset by a decrease to accumulated loss of $3,888,233 as of January 1, 2022, and an increase to the carrying value of the 2022 Convertible Notes of $449,398. The 2022 Convertible Notes contained certain covenants, which included covenants that required the Company to reserve shares of common stock for the purpose of satisfying all obligations to issue the underlying securities upon conversion of the securities and to furnish to holders of the securities upon request, any information required to be delivered pursuant to Rule 144A(d)(4) under the Securities Act.
Debt instrument interest payment terms						The Company issued $35,000,000 in aggregate principal amount of 2025 Private Placement Notes with a fixed interest rate of 5.82% with interest to be paid semi-annually on June 9 and December 9 of each year, beginning on December 9, 2022, and $57,000,000 in aggregate principal amount of 2025 Private Placement Notes bearing interest at a rate equal to SOFR plus 3.14% with interest to be paid quarterly on March 9, June 9, September 9, and December 9 of each year, beginning on September 9, 2022.
Number of tranches | Tranche	2
Percentage of increase in interest rate	1.00%
Unsecured Senior Notes Due 2025 | Prepayment on or Before June 9, 2023
Debt Instrument [Line Items]
Debt instrument prepayment premium percentage	2.00%
Unsecured Senior Notes Due 2025 | Prepayment After June 9, 2023 but on or Before June 9, 2024
Debt Instrument [Line Items]
Debt instrument prepayment premium percentage	1.00%
Unsecured Senior Notes Due 2025 | Prepayment After June 9, 2024 but on or Before June 9, 2025
Debt Instrument [Line Items]
Debt instrument prepayment premium percentage	0.50%
Unsecured Senior Notes Due 2025 | Prepayment on or Before June 9, 2025
Debt Instrument [Line Items]
Debt instrument prepayment premium percentage	0.00%
Unsecured Senior Notes Due 2025 | Tranche One
Debt Instrument [Line Items]
Debt instrument interest repayment commencement date	Dec. 09, 2022
Frequency of periodic payments						semi-annually
Unsecured Senior Notes Due 2025 | Tranche Two
Debt Instrument [Line Items]
Aggregate principal amount	$ 92,000,000
Debt instrument interest repayment commencement date	Sep. 09, 2022
Debt instrument interest payment terms						quarterly
Unsecured Convertible Senior Notes Due2022 [Member]
Debt Instrument [Line Items]
Debt instrument, covenant description						The 2022 Convertible Notes contained certain covenants, which included covenants that required the Company to reserve shares of common stock for the purpose of satisfying all obligations to issue the underlying securities upon conversion of the securities and to furnish to holders of the securities upon request, any information required to be delivered pursuant to Rule 144A(d)(4) under the Securities Act.
2025 Private Placement Notes
Debt Instrument [Line Items]
Aggregate principal amount			$ 92,000,000			$ 92,000,000		92,000,000
2025 Private Placement Notes | SOFR
Debt Instrument [Line Items]
Aggregate principal amount	$ 57,000,000		57,000,000			$ 57,000,000		$ 57,000,000
Debt instrument, basis spread on variable rate	3.14%					3.14%		3.14%
2025 Private Placement Notes | Fixed Interest Rate
Debt Instrument [Line Items]
Aggregate principal amount	$ 35,000,000		$ 35,000,000			$ 35,000,000		$ 35,000,000
Debt instrument, interest rate	5.82%		5.82%			5.82%		5.82%

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Debt - Schedule of Debt Outstanding and Available (Details) - USD ($)		6 Months Ended	12 Months Ended
	Jun. 09, 2022	Jun. 30, 2023	Dec. 31, 2022
Line Of Credit Facility [Line Items]
Debt Instrument, Carrying Value		$ 283,171,157	$ 253,003,161
Debt, net of unamortized issuance costs, Carrying Value		283,171,157	253,003,161
Debt, net of unamortized issuance costs, Available		73,000,000	103,000,000
Debt, net of unamortized issuance, Total Capacity		$ 356,171,157	$ 356,003,161
Credit Facility
Line Of Credit Facility [Line Items]
Maturity		2025	2025
Rate		S+2.25%	L+2.00%
Credit Facility, Carrying Value		$ 192,000,000	$ 162,000,000
Debt Instrument, Carrying Value		192,000,000	162,000,000
Credit Facility, Available		73,000,000	103,000,000
Credit Facility, Total Capacity		$ 265,000,000	$ 265,000,000
Credit Facility | LIBOR
Line Of Credit Facility [Line Items]
Rate			2.00%
Credit Facility | SOFR
Line Of Credit Facility [Line Items]
Rate		2.25%
2025 Private Placement Notes
Line Of Credit Facility [Line Items]
Maturity		2025	2025
Rate		Fixed/Variable	Fixed/Variable
Debt Instrument, Carrying Value		$ 91,171,157	$ 91,003,161
Debt Instrument, Available		0	0
Debt Instrument, Total Capacity		$ 91,171,157	$ 91,003,161
2025 Private Placement Notes | SOFR
Line Of Credit Facility [Line Items]
Rate	3.14%	3.14%	3.14%

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Debt - Schedule of Debt Outstanding and Available (Parenthetical) (Details) - USD ($)		6 Months Ended	12 Months Ended
	Jun. 09, 2022	Jun. 30, 2023	Dec. 31, 2022
Line Of Credit Facility [Line Items]
Carrying value		$ 283,171,157	$ 253,003,161
Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate
Line Of Credit Facility [Line Items]
Adjustment to credit spread percentage		0.10%
Credit Facility
Line Of Credit Facility [Line Items]
Carrying value		$ 192,000,000	162,000,000
Credit facility, increase in borrowing capacity subject to satisfaction of certain conditions		$ 325,000,000	$ 325,000,000
Credit Facility | LIBOR
Line Of Credit Facility [Line Items]
Debt instrument, basis spread on variable rate			2.00%
Credit Facility | Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate
Line Of Credit Facility [Line Items]
Debt instrument, basis spread on variable rate		2.25%
Credit Facility | Minimum
Line Of Credit Facility [Line Items]
Applicable margin for ABR borrowings		1.00%	1.00%
Credit Facility | Minimum | LIBOR
Line Of Credit Facility [Line Items]
Applicable margin for Benchmark-based borrowings			2.00%
Credit Facility | Minimum | Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate
Line Of Credit Facility [Line Items]
Applicable margin for Benchmark-based borrowings		2.00%
Credit Facility | Maximum
Line Of Credit Facility [Line Items]
Applicable margin for ABR borrowings		1.25%	1.25%
Credit Facility | Maximum | LIBOR
Line Of Credit Facility [Line Items]
Applicable margin for Benchmark-based borrowings			2.25%
Credit Facility | Maximum | Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate
Line Of Credit Facility [Line Items]
Applicable margin for Benchmark-based borrowings		2.25%
2025 Private Placement Notes
Line Of Credit Facility [Line Items]
Unamortized issuance costs		$ (828,843)	$ (996,839)
Carrying value		91,171,157	91,003,161
Principal amount of debt		$ 92,000,000	$ 92,000,000
2025 Private Placement Notes | Fixed Interest Rate
Line Of Credit Facility [Line Items]
Debt instrument, interest rate	5.82%	5.82%	5.82%
Principal amount of debt	$ 35,000,000	$ 35,000,000	$ 35,000,000
2025 Private Placement Notes | Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate
Line Of Credit Facility [Line Items]
Debt instrument, basis spread on variable rate	3.14%	3.14%	3.14%
Principal amount of debt	$ 57,000,000	$ 57,000,000	$ 57,000,000

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Debt - Schedule of Total Expenses Related to Debt (Details) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Debt Disclosure [Abstract]
Stated interest expense	$ 5,136,153	$ 2,322,209	$ 9,546,288	$ 4,489,106
Amortization of deferred debt issuance costs	249,058	325,665	445,104	668,747
Total interest expense	5,385,211	2,647,874	9,991,392	5,157,853
Commitment and credit facility fees	97,239	212,817	209,289	431,789
Total	$ 5,482,450	$ 2,860,691	$ 10,200,681	$ 5,589,642

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Debt - Summary of Carrying and Fair Values of Outstanding Debt (Details) - USD ($)	Jun. 30, 2023	Dec. 31, 2022
Debt Instrument [Line Items]
Principal amount of debt	$ 283,171,157	$ 253,003,161
Fair Value	266,414,530	235,684,810
Credit Facility
Debt Instrument [Line Items]
Principal amount of debt	192,000,000	162,000,000
Fair Value	175,680,000	146,610,000
2025 Private Placement Notes
Debt Instrument [Line Items]
Principal amount of debt	91,171,157	91,003,161
Fair Value	$ 90,734,530	$ 89,074,810

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Investments - Additional Information (Details) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Schedule of Investments [Abstract]
Purchases of investments, including PIK	$ 20,797,118	$ 73,481,309	$ 58,411,431	$ 117,494,185
Proceeds from sales, repayments and other exits of investments	$ 6,507,960	$ 25,107,943	$ 27,226,737	$ 103,762,076

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Investments - Schedule of Investments (Details) - USD ($)	Jun. 30, 2023	Dec. 31, 2022
Schedule Of Investments [Line Items]
Investments, Cost	$ 690,597,257	$ 658,300,164
Investments, Fair Value	595,837,411	570,489,084
Senior Secured Notes
Schedule Of Investments [Line Items]
Investments, Cost	988,074	1,920,592
Investments, Fair Value	988,000	1,624,823
Unsecured Debt
Schedule Of Investments [Line Items]
Investments, Cost	37,183,232	37,686,148
Investments, Fair Value	14,999,000	15,228,000
Subordinated Debt
Schedule Of Investments [Line Items]
Investments, Cost	5,000,000	5,000,000
Investments, Fair Value	4,955,000	4,930,000
Senior Secured Loan, First Lien
Schedule Of Investments [Line Items]
Investments, Cost	504,569,408	455,458,846
Investments, Fair Value	497,077,006	447,490,518
Senior Secured Loan, Second/Other Priority Lien
Schedule Of Investments [Line Items]
Investments, Cost	83,669,054	98,468,621
Investments, Fair Value	73,886,473	90,992,663
Total Senior Secured Loans
Schedule Of Investments [Line Items]
Investments, Cost	588,238,462	553,927,467
Investments, Fair Value	570,963,479	538,483,181
Preferred Stock
Schedule Of Investments [Line Items]
Investments, Cost	40,702,606	40,527,223
Investments, Fair Value	2,400,116	2,354,224
Common Stock
Schedule Of Investments [Line Items]
Investments, Cost	10,611,548	10,611,548
Investments, Fair Value	0	0
Limited Partnership/Limited Liability Company Interests
Schedule Of Investments [Line Items]
Investments, Cost	7,757,987	8,511,838
Investments, Fair Value	49,500	5,991,648
Equity Warrants/Options
Schedule Of Investments [Line Items]
Investments, Cost	115,348	115,348
Investments, Fair Value	$ 1,482,316	$ 1,877,208

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Investment - Schedule of Industry Composition of Portfolio at Fair Value (Details) - Investments, at Fair Value - Industry Concentration Risk	6 Months Ended	12 Months Ended
	Jun. 30, 2023	Dec. 31, 2022
Schedule Of Investments [Line Items]
Percentage of aggregate fair value of investments	100.00%	100.00%
Software
Schedule Of Investments [Line Items]
Percentage of aggregate fair value of investments	17.20%	15.20%
Diversified Financial Services
Schedule Of Investments [Line Items]
Percentage of aggregate fair value of investments	14.70%	14.50%
Internet Software & Services
Schedule Of Investments [Line Items]
Percentage of aggregate fair value of investments	11.60%	11.10%
Diversified Consumer Services
Schedule Of Investments [Line Items]
Percentage of aggregate fair value of investments	7.70%	8.30%
Professional Services
Schedule Of Investments [Line Items]
Percentage of aggregate fair value of investments	6.90%	7.20%
Health Care Technology
Schedule Of Investments [Line Items]
Percentage of aggregate fair value of investments	4.30%	4.40%
Health Care Providers & Services
Schedule Of Investments [Line Items]
Percentage of aggregate fair value of investments	3.60%	3.70%
Construction & Engineering
Schedule Of Investments [Line Items]
Percentage of aggregate fair value of investments	2.40%	2.60%
Road & Rail
Schedule Of Investments [Line Items]
Percentage of aggregate fair value of investments	2.50%	2.60%
Insurance
Schedule Of Investments [Line Items]
Percentage of aggregate fair value of investments	2.50%	2.50%
IT Services
Schedule Of Investments [Line Items]
Percentage of aggregate fair value of investments	3.40%	2.50%
Containers & Packaging
Schedule Of Investments [Line Items]
Percentage of aggregate fair value of investments	2.30%	2.50%
Paper & Forest Products
Schedule Of Investments [Line Items]
Percentage of aggregate fair value of investments	2.20%	1.70%
Specialty Retail
Schedule Of Investments [Line Items]
Percentage of aggregate fair value of investments	1.80%	1.90%
Hotels, Restaurants & Leisure
Schedule Of Investments [Line Items]
Percentage of aggregate fair value of investments	1.90%	0.90%
Technology Hardware, Storage & Peripherals
Schedule Of Investments [Line Items]
Percentage of aggregate fair value of investments	1.80%	1.80%
Textiles, Apparel & Luxury Goods
Schedule Of Investments [Line Items]
Percentage of aggregate fair value of investments	1.70%	1.70%
Consumer Finance
Schedule Of Investments [Line Items]
Percentage of aggregate fair value of investments	1.90%	1.30%
Media
Schedule Of Investments [Line Items]
Percentage of aggregate fair value of investments	1.10%	1.00%
Commercial Services & Supplies
Schedule Of Investments [Line Items]
Percentage of aggregate fair value of investments	1.10%	1.10%
Real Estate Management & Development
Schedule Of Investments [Line Items]
Percentage of aggregate fair value of investments	1.10%	1.10%
Trading Companies & Distributors
Schedule Of Investments [Line Items]
Percentage of aggregate fair value of investments	1.00%	1.00%
Internet & Catalog Retail
Schedule Of Investments [Line Items]
Percentage of aggregate fair value of investments	1.00%	1.00%
Machinery
Schedule Of Investments [Line Items]
Percentage of aggregate fair value of investments	1.00%	0.90%
Wireless Telecommunication Services
Schedule Of Investments [Line Items]
Percentage of aggregate fair value of investments	0.80%	0.80%
Household Durables
Schedule Of Investments [Line Items]
Percentage of aggregate fair value of investments	0.00%	0.80%
Leisure Products
Schedule Of Investments [Line Items]
Percentage of aggregate fair value of investments	0.40%	0.50%
Building Products
Schedule Of Investments [Line Items]
Percentage of aggregate fair value of investments	0.40%	0.40%
Automobiles
Schedule Of Investments [Line Items]
Percentage of aggregate fair value of investments	0.40%	0.40%
Semiconductors & Semiconductor Equipment
Schedule Of Investments [Line Items]
Percentage of aggregate fair value of investments	0.40%	0.40%
Life Sciences Tools & Services
Schedule Of Investments [Line Items]
Percentage of aggregate fair value of investments	0.40%	0.40%
Distributors
Schedule Of Investments [Line Items]
Percentage of aggregate fair value of investments	0.40%	0.40%
Capital Markets
Schedule Of Investments [Line Items]
Percentage of aggregate fair value of investments	0.10%	0.20%
Health Care Equipment & Supplies
Schedule Of Investments [Line Items]
Percentage of aggregate fair value of investments	0.00%	2.50%
Metals & Mining
Schedule Of Investments [Line Items]
Percentage of aggregate fair value of investments	0.00%	0.60%
Electrical Equipment
Schedule Of Investments [Line Items]
Percentage of aggregate fair value of investments	0.00%	0.10%
Chemicals
Schedule Of Investments [Line Items]
Percentage of aggregate fair value of investments	0.00%	0.00%
Oil, Gas & Consumable Fuels
Schedule Of Investments [Line Items]
Percentage of aggregate fair value of investments	0.00%	0.00%

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Investment - Schedule of Geographic Composition of Portfolio at Fair Value (Details) - Investments, at Fair Value - Geographic Concentration Risk	6 Months Ended	12 Months Ended
	Jun. 30, 2023	Dec. 31, 2022
Schedule Of Investments [Line Items]
Percentage of aggregate fair value of investments	100.00%	100.00%
United States
Schedule Of Investments [Line Items]
Percentage of aggregate fair value of investments	84.40%	85.40%
United Kingdom
Schedule Of Investments [Line Items]
Percentage of aggregate fair value of investments	7.30%	7.20%
Germany
Schedule Of Investments [Line Items]
Percentage of aggregate fair value of investments	3.60%	3.70%
Canada
Schedule Of Investments [Line Items]
Percentage of aggregate fair value of investments	1.10%	1.10%
Switzerland
Schedule Of Investments [Line Items]
Percentage of aggregate fair value of investments	1.00%	1.00%
Netherlands
Schedule Of Investments [Line Items]
Percentage of aggregate fair value of investments	1.00%	0.00%
Slovenia
Schedule Of Investments [Line Items]
Percentage of aggregate fair value of investments	0.90%	0.90%
Australia
Schedule Of Investments [Line Items]
Percentage of aggregate fair value of investments	0.70%	0.70%

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Other Related Party Transactions - Additional Information (Details) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022	Dec. 31, 2022
Related Party Transaction [Line Items]
Investment advisor expenses	$ 17,094	$ 25,819	$ 34,187	$ 51,638
Common stock, shares issued	84,481,797		84,481,797		84,481,797
Common stock, shares outstanding	72,571,907	73,354,142	72,571,907	73,354,142	72,571,907
Investment Advisor Expenses
Related Party Transaction [Line Items]
Investment advisor expenses	$ 17,094	$ 25,819	$ 34,187	$ 51,638
BlackRock Capital Investment Advisors, LLC
Related Party Transaction [Line Items]
Common stock, shares outstanding	0		0		0
Maximum
Related Party Transaction [Line Items]
Percentage of common stock shares outstanding	1.00%		1.00%		1.00%
Related Party | Reimbursement Expenses
Related Party Transaction [Line Items]
Operating Costs and Expenses	$ 101,450	72,211	$ 356,469	161,895
Related Party | BlackRock Financial Management, Inc.
Related Party Transaction [Line Items]
Selling, General and Administrative Expense	288,454	$ 299,262	581,088	$ 664,769
Prepaid Expenses and Other Current Assets
Related Party Transaction [Line Items]
Professional And Director Fees	$ 219,335		$ 219,335		$ 0

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Stockholders' Equity and Dividends - Schedule of Declared Dividends to Common Stockholders (Details) - USD ($)	3 Months Ended							6 Months Ended
	Jun. 30, 2023	Mar. 31, 2023		Jun. 30, 2022		Mar. 31, 2022		Jun. 30, 2023	Jun. 30, 2022
Class Of Stock [Line Items]
Amount Per Share								$ 0.2	$ 0.2
Total Amount	$ 7,257,191	$ 7,257,191	[1]	$ 7,363,184	[1]	$ 7,380,270	[1]	$ 14,514,382	$ 14,743,454
Reinvested dividends paid during quarter								$ 1,506,467	$ 1,443,101
March 1, 2022
Class Of Stock [Line Items]
Date declared						Mar. 01, 2022
Record date						Mar. 17, 2022
Payable date						Apr. 07, 2022
Type						Regular
Amount Per Share						$ 0.1
Total Amount						$ 7,380,270
Reinvested dividends paid during quarter						$ 698,261
April 27, 2022
Class Of Stock [Line Items]
Date declared				Apr. 27, 2022
Record date				Jun. 16, 2022
Payable date				Jul. 07, 2022
Type				Regular
Amount Per Share				$ 0.1
Total Amount				$ 7,363,184
Reinvested dividends paid during quarter				$ 744,840
February 28, 2023
Class Of Stock [Line Items]
Date declared		Feb. 28, 2023
Record date		Mar. 16, 2023
Payable date		Apr. 06, 2023
Type		Regular
Amount Per Share		$ 0.1
Total Amount		$ 7,257,191
Reinvested dividends paid during quarter		$ 768,930
April 26, 2023
Class Of Stock [Line Items]
Date declared	Apr. 26, 2023
Record date	Jun. 15, 2023
Payable date	Jul. 06, 2023
Type	Regular
Amount Per Share	$ 0.1
Total Amount	$ 7,257,191
Reinvested dividends paid during quarter	$ 737,537

[1] Sources of dividends to stockholders will be adjusted on an annual basis, if necessary, and calculated in accordance with federal income tax regulations (see Note 2). For both the three month periods ended June 30, 2023 and March 31, 2023, it is estimated that there was no return of capital based on book income.

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Stockholders' Equity and Dividends - Additional Information (Details) - USD ($)		3 Months Ended		6 Months Ended
	Mar. 06, 2018	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022	Dec. 31, 2022	Oct. 28, 2022
Class Of Stock [Line Items]
Percentage of closing market price on dividend payment date	95.00%
Remaining number of shares authorized to be repurchased		8,000,000		8,000,000
Treasury Stock, Common, Shares		11,909,890		11,909,890		11,909,890
Treasury stock, value		$ 73,373,702		$ 73,373,702		$ 73,373,702
Shares repurchased		0	420,083	0	526,391
Board of Directors | Maximum
Class Of Stock [Line Items]
Number of shares authorized to be repurchased							8,000,000

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Stockholders' Equity and Dividends - Schedule of Total Shares Repurchased And Amounts Paid By The Company Under The Company Repurchase Plan, Including Broker Fees (Details) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Equity [Abstract]
Shares repurchased	0	420,083	0	526,391
Price Per Share		$ 3.78		$ 3.85
Total Cost		$ 1,586,451		$ 2,026,688

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Earnings (Loss) Per Share - Schedule of Computation Basic and Diluted Net Increase (Decrease) in Net Assets from Operations Per Share (Details) - USD ($)		3 Months Ended		6 Months Ended
		Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Earnings Per Share [Abstract]
Net Income (Loss)		$ 1,503,691	$ (2,540,160)	$ 10,021,088	$ 2,982,214
Weighted average shares outstanding - basic		72,571,907	73,667,822	72,571,907	73,744,580
Earnings (loss) per share - basic	[1]	$ 0.02	$ (0.03)	$ 0.14	$ 0.04
Earnings (loss) per share - diluted	[1],[2]	$ 0.02	$ (0.03)	$ 0.14	$ 0.04

[1] Net investment income and per share amounts displayed above are net of the reversal for incentive fees on capital gains which is reflected on a hypothetical liquidation basis in accordance with GAAP for the three and six month periods ended June 30, 2022 (see Note 3).

[2] For the three and six month periods ended June 30, 2022, the impact of the hypothetical conversion of the 2022 Convertible Notes was antidilutive (see Note 8).

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Commitment and Contingencies - Additional Information (Details)	Jun. 30, 2023 USD ($) Investment	Dec. 31, 2022 USD ($) Investment
Commitments and Contingencies Disclosure [Abstract]
Guarantees outstanding	$ 0	$ 0
Unfunded commitments	47,200,000	72,100,000
Fair value of unfunded commitments	$ 46,600,000	$ 70,000,000
Number of unfunded commitments portfolio companies | Investment	49	51

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Financial Highlights - Schedule of Financial Highlights (Details) - USD ($)		3 Months Ended			6 Months Ended
		Jun. 30, 2023	Jun. 30, 2022	Mar. 31, 2022	Jun. 30, 2023	Jun. 30, 2022	Mar. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Investment Company Financial Highlights [Line Items]
Net Asset Value Per Share, Beginning Balance		$ 4.41	$ 4.7	$ 4.73	$ 4.39	$ 4.73
Investment Operations:
Net investment income, before incentive fees					0.3	0.16
Incentive fees					(0.05)	0.02
Net investment income					0.25	0.18
Net realized and unrealized gain (loss)					(0.11)	(0.14)
Total from investment operations					0.14	0.04
Repurchase of common stock					0	0.01
Dividends to stockholders					(0.2)	(0.2)
Net Asset Value Per Share, Ending Balance		4.33	4.57	$ 4.7	4.33	4.57
Market price at end of period		$ 3.28	$ 3.67		$ 3.28	$ 3.67
Total return based on market price					(4.14%)	(3.67%)
Total return based on net asset value					4.35%	1.44%
Common stock, shares outstanding		72,571,907	73,354,142		72,571,907	73,354,142		72,571,907
Ratios to average net assets:
Operating expenses, before incentive fees					4.40%	3.92%
Interest and other debt related expenses					6.44%	3.26%
Total expenses, before incentive fees					10.84%	7.18%
Incentive fees					1.18%	0.42%
Total expenses, after incentive fees					12.02%	6.76%
Net investment income					12.42%	7.53%
Net assets at end of period		$ 314,029,059	$ 335,444,647	$ 346,904,442	$ 314,029,059	$ 335,444,647	$ 319,782,559	$ 318,522,353	$ 349,651,973
Portfolio turnover rate					5.00%	19.00%
Weighted average interest rate on debt		7.45%	4.94%		7.45%	4.94%
Weighted average debt outstanding					$ 270,570,675	$ 210,643,606
Weighted average shares outstanding		72,571,907	73,667,822		72,571,907	73,744,580
Weighted average debt per share					$ 3.73	$ 2.86
Cumulative Effect of Adjustment
Investment Operations:
Accounting Standards Update [Extensible Enumeration]					ASU 2020-06	ASU 2020-06
Net Asset Value Per Share, Ending Balance		$ 0	$ (0.01)		$ 0	$ (0.01)
Ratios to average net assets:
Net assets at end of period	[1]								$ (449,398)

[1] See Note 4 for further information related to the adoption of ASU 2020-06.

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Financial Highlights - Schedule of Financial Highlights (Parenthetical) (Details) - USD ($) $ / shares in Units, $ in Millions	6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022
Investment Company [Abstract]
Incentive fees based on income per share	$ 0.05
Incentive fees based on income, percentage	1.18%
Incentive fees on capital gains per share	$ (0.02)
Incentive fees on capital gains, percentage		(0.45%)
Declared dividends from net investment income	$ 14.5

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Subsequent Events - Additional Information (Details) - $ / shares		6 Months Ended
	Aug. 01, 2023	Jun. 30, 2023	Jun. 30, 2022
Subsequent Event [Line Items]
Dividend declared per share		$ 0.2	$ 0.2
Subsequent Events
Subsequent Event [Line Items]
Date declared	Aug. 01, 2023
Dividend declared per share	$ 0.1
Payable date	Oct. 06, 2023
Record date	Sep. 15, 2023