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Consolidated Statements of Assets and Liabilities - USD ($)
Feb. 28, 2023
Feb. 28, 2022
Investments at fair value    
Non-control/Non-affiliate investments (amortized cost of $819,966,208 and $654,965,044, respectively) $ 828,028,800 $ 668,358,516
Affiliate investments (amortized cost of $25,722,320 and $46,224,927, respectively) 28,305,871 48,234,124
Control investments (amortized cost of $120,800,829 and $95,058,356, respectively) 116,255,582 100,974,715
Total investments at fair value (amortized cost of $966,489,357 and $796,248,327, respectively) 972,590,253 817,567,355
Cash and cash equivalents 65,746,494 47,257,801
Cash and cash equivalents, reserve accounts 30,329,779 5,612,541
Interest receivable (net of reserve of $2,217,300 and $0, respectively) 8,159,951 5,093,561
Due from affiliate (See Note 7) 90,968
Management fee receivable 363,809 362,549
Other assets 531,337 254,980
Current tax receivable 436,551
Total assets 1,078,158,174 876,239,755
LIABILITIES    
Revolving credit facility 32,500,000 12,500,000
Base management and incentive fees payable 12,114,878 12,947,025
Deferred tax liability 2,816,572 1,249,015
Accounts payable and accrued expenses 1,464,343 799,058
Current income tax payable 2,820,036
Interest and debt fees payable 3,652,936 2,801,621
Directors fees payable 14,932 70,000
Due to manager 10,935 263,814
Excise tax payable 630,183
Total liabilities 731,200,132 520,459,232
Commitments and contingencies (See Note 9)
NET ASSETS    
Common stock, par value $0.001, 100,000,000 common shares authorized, 11,890,500 and 12,131,350 common shares issued and outstanding, respectively 11,891 12,131
Capital in excess of par value 321,893,806 328,062,246
Total distributable earnings 25,052,345 27,706,146
Total net assets 346,958,042 355,780,523
Total liabilities and net assets $ 1,078,158,174 $ 876,239,755
NET ASSET VALUE PER SHARE (in Dollars per share) $ 29.18 $ 29.33
Revolving credit facility    
LIABILITIES    
Deferred debt financing costs $ (1,344,005) $ (1,191,115)
SBA debentures payable    
LIABILITIES    
Deferred debt financing costs (4,923,488) (4,344,983)
Notes payable 202,000,000 185,000,000
7.00% Notes Payable 2025    
LIABILITIES    
Deferred debt financing costs (40,118)
Notes payable 12,000,000
Discount on notes payable (304,946)
7.25% Notes Payable 2025    
LIABILITIES    
Deferred debt financing costs (1,078,201)
Notes payable 43,125,000
7.75% Notes Payable 2025    
LIABILITIES    
Deferred debt financing costs (129,528) (184,375)
Notes payable 5,000,000 5,000,000
4.375% Notes Payable 2026    
LIABILITIES    
Deferred debt financing costs (2,552,924) (3,395,435)
Notes payable 175,000,000 175,000,000
Premium on 4.375% notes payable 2026 830,824 1,086,013
4.35% Notes Payable 2027    
LIABILITIES    
Deferred debt financing costs (1,378,515) (1,722,908)
Notes payable 75,000,000 75,000,000
Discount on notes payable (408,932) (499,263)
6.25% Notes Payable 2027    
LIABILITIES    
Deferred debt financing costs (344,949) (416,253)
Notes payable 15,000,000 15,000,000
6.00% Notes Payable 2027    
LIABILITIES    
Deferred debt financing costs (2,926,637)
Notes payable 105,500,000
Discount on notes payable (159,334)
8.00% Notes Payable 2027    
LIABILITIES    
Deferred debt financing costs (1,622,376)
Notes payable 46,000,000
8.125% Notes Payable 2027    
LIABILITIES    
Deferred debt financing costs (1,944,536)
Notes payable $ 60,375,000