XML 23 R2.htm IDEA: XBRL DOCUMENT v3.24.0.1
Consolidated Statements of Assets and Liabilities - USD ($)
Dec. 31, 2023
Dec. 31, 2022
Assets    
Investments at fair value $ 604,527,268 $ 570,489,084
Cash and cash equivalents 9,359,280 9,531,190
Interest, dividends and fees receivable 8,222,648 5,515,446
Deferred debt issuance costs 2,969,390 1,055,117
Due from broker 1,823,087 1,946,507
Receivable for investments sold 16,751 12,096
Prepaid expenses and other assets 367,048 510,706
Total assets 627,285,472 589,060,146
Liabilities    
Debt (net of deferred issuance costs of $658,063 and $996,839) 292,341,938 253,003,161
Dividends payable 7,257,191 7,257,191
Payable for investments purchased 2,580,510 600,391
Management fees payable 2,281,541 2,186,540
Income incentive fees payable (see Note 3) 1,908,371 3,403,349
Interest and debt related payables 1,517,339 738,719
Interest Rate Swap at fair value 1,379,397 1,332,299
Accrued administrative expenses 354,773 397,299
Accrued expenses and other liabilities 1,934,553 1,618,844
Total liabilities 311,555,613 270,537,793
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 849,324,658 850,199,351
Distributable earnings (losses) (460,305,579) (458,387,778)
Treasury stock at cost, 11,909,890 shares held (73,373,702) (73,373,702)
Total net assets 315,729,859 318,522,353
Total liabilities and net assets $ 627,285,472 $ 589,060,146
Net assets per share [1] $ 4.35 $ 4.39
Non-Controlled, Non-Affiliated Investments    
Assets    
Investments at fair value $ 588,902,268 $ 551,686,646
Non-Controlled, Affiliated Investments    
Assets    
Investments at fair value 0 3,574,438
Controlled Investments    
Assets    
Investments at fair value $ 15,625,000 $ 15,228,000
[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.