Related Party Transactions (Tables)

9 Months Ended

Sep. 30, 2022

Summary of the Fees and Expenses Accrued

The following table describes the fees and expenses accrued under the investment advisory agreement, the prior investment advisory agreement and the administration agreement, as applicable, during the three and nine months ended September 30, 2022 and 2021:


			Three Months Ended				Nine Months Ended
Related Party			September 30,				September 30,
	Source Agreement	Description	2022		2021		2022		2021
The Advisor	Investment advisory agreement and prior investment advisory agreement	Base Management Fee(1)	$	61	$	58	$	186	$	113

The Advisor	Investment advisory agreement and prior investment advisory agreement	Subordinated Incentive Fee on Income(2)	$	25	$	20	$	72	$	28
The Advisor	Administration agreement	Administrative Services Expenses(3)	$	4	$	5	$	12	$	9

________________

(1)During the nine months ended September 30, 2022 and 2021, $185 and $104, respectively, in base management fees were paid to the Advisor. As of September 30, 2022, $61 in base management fees were payable to the Advisor.

(2)The Advisor agreed, effective July 1, 2021, to waive up to $15 per quarter of the subordinated incentive fee on income to which it is entitled to under the investment advisory agreement. During the three and nine months ended September 30, 2022, the amount shown is net of waivers of $15 and $45, respectively. During the three and nine months ended September 30, 2021, the amount shown is net of waivers of $15 and $15, respectively. During the nine months ended September 30, 2022 and 2021, $66 and $29, respectively, of subordinated incentive fees on income were paid to the Advisor. As of September 30, 2022, subordinated incentive fees on income of $25 were payable to the Advisor.

(3)During the nine months ended September 30, 2022 and 2021, $10 and $7, respectively, of administrative services expenses related to the allocation of costs of administrative personnel for services rendered to the Company by the Advisor and the remainder related to other reimbursable expenses, including reimbursement of fees related to transactional expenses for prospective investments, such as fees and expenses associated with performing due diligence reviews of investments that do not close, often referred to as "broken deal" costs. Broken deal costs were $1.1 for the nine months ended September 30, 2022. The Company paid $10 and $7, respectively, in administrative services expenses to the Advisor during the nine months ended September 30, 2022 and 2021.