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Consolidated Statements of Assets and Liabilities - USD ($)
Nov. 30, 2024
Feb. 29, 2024
ASSETS    
Investments at fair value $ 960,093,232 $ 1,138,793,789
Cash and cash equivalents 147,614,810 8,692,846
Cash and cash equivalents, reserve accounts 102,549,213 31,814,278
Interest receivable (net of reserve of $68,735 and $9,490,340, respectively) 7,462,134 10,298,998
Management fee receivable 327,368 343,023
Other assets 1,871,192 1,163,225
Current income tax receivable 1,931 99,676
Total assets 1,219,919,880 1,191,205,835
LIABILITIES    
Revolving credit facilities 52,500,000 35,000,000
Base management and incentive fees payable 7,521,835 8,147,217
Deferred tax liability 4,581,381 3,791,150
Accounts payable and accrued expenses 2,500,210 1,337,542
Interest and debt fees payable 5,875,852 3,582,173
Due to Manager 796,396 450,000
Total liabilities 845,054,225 820,981,727
Commitments and contingencies (See Note 9)
NET ASSETS    
Common stock, par value $0.001, 100,000,000 common shares authorized, 13,909,206 and 13,653,476 common shares issued and outstanding, respectively 13,909 13,654
Capital in excess of par value 377,235,609 371,081,199
Total distributable deficit (2,383,863) (870,745)
Total net assets 374,865,655 370,224,108
Total liabilities and net assets $ 1,219,919,880 $ 1,191,205,835
NET ASSET VALUE PER SHARE (in Dollars per share) $ 26.95 $ 27.12
Debentures payable    
LIABILITIES    
Deferred debt financing costs $ (5,072,871) $ (5,779,892)
Notes Payable 214,000,000 214,000,000
8.75% Notes Payable 2025    
LIABILITIES    
Deferred debt financing costs (1,460) (4,777)
Notes Payable 20,000,000 20,000,000
Discount on notes payable (35,045) (112,894)
7.00% Notes Payable 2025    
LIABILITIES    
Deferred debt financing costs (12,257) (24,210)
Notes Payable 12,000,000 12,000,000
Discount on notes payable (100,675) (193,175)
7.75% Notes Payable 2025    
LIABILITIES    
Deferred debt financing costs (33,209) (74,531)
Notes Payable 5,000,000 5,000,000
4.375% Notes Payable 2026    
LIABILITIES    
Deferred debt financing costs (1,073,336) (1,708,104)
Notes Payable 175,000,000 175,000,000
Premium on 4.375% notes payable 2026 363,367 564,260
4.35% Notes Payable 2027    
LIABILITIES    
Deferred debt financing costs (773,704) (1,033,178)
Notes Payable 75,000,000 75,000,000
Discount on notes payable (233,940) (313,010)
6.25% Notes Payable 2027    
LIABILITIES    
Deferred debt financing costs (219,726) (273,449)
Notes Payable 15,000,000 15,000,000
6.00% Notes Payable 2027    
LIABILITIES    
Deferred debt financing costs (1,696,769) (2,224,403)
Notes Payable 105,500,000 105,500,000
Discount on notes payable (96,638) (123,782)
8.00% Notes Payable 2027    
LIABILITIES    
Deferred debt financing costs (1,013,039) (1,274,455)
Notes Payable 46,000,000 46,000,000
8.125% Notes Payable 2027    
LIABILITIES    
Deferred debt financing costs (1,256,679) (1,563,594)
Notes Payable 60,375,000 60,375,000
8.50% Notes Payable 2028    
LIABILITIES    
Deferred debt financing costs (1,373,467) (1,680,039)
Notes Payable 57,500,000 57,500,000
Investment, Unaffiliated Issuer [Member]    
ASSETS    
Investments at fair value 875,707,680 1,019,774,616
Investment, Affiliated Issuer [Member]    
ASSETS    
Investments at fair value 39,803,456 27,749,137
Investment, Affiliated Issuer, Controlled [Member]    
ASSETS    
Investments at fair value 44,582,096 91,270,036
Revolving credit facilities    
LIABILITIES    
Deferred debt financing costs $ (1,467,001) $ (882,122)