XML 69 R56.htm IDEA: XBRL DOCUMENT v3.22.4
PORTFOLIO INVESTMENTS AND FAIR VALUE - Quantitative Information About Level 3 Fair Value Measurements (Details)
Dec. 31, 2022
USD ($)
Dec. 31, 2021
USD ($)
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Fair value of investments $ 844,733,638 $ 772,873,326
Significant Unobservable Inputs (Level 3)    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Fair value of investments 844,733,638 772,873,326
Senior SecuredLoans-First Lien    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Fair value of investments 735,555,508 646,352,935
Senior SecuredLoans-First Lien | Significant Unobservable Inputs (Level 3)    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Fair value of investments 735,555,508 646,352,935
Senior SecuredLoans-First Lien | Income/Market approach | Significant Unobservable Inputs (Level 3)    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Fair value of investments $ 735,555,508 $ 646,352,935
Senior SecuredLoans-First Lien | Minimum | Significant Unobservable Inputs (Level 3) | HY credit spreads    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Debt (0.0229)  
Senior SecuredLoans-First Lien | Minimum | Income/Market approach | Significant Unobservable Inputs (Level 3) | HY credit spreads    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Debt (0.0229) (0.0393)
Senior SecuredLoans-First Lien | Minimum | Income/Market approach | Significant Unobservable Inputs (Level 3) | Risk free rates    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Debt (0.0143) (0.0195)
Senior SecuredLoans-First Lien | Minimum | Income/Market approach | Significant Unobservable Inputs (Level 3) | Market multiples    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Debt 0.045 0.045
Senior SecuredLoans-First Lien | Maximum | Significant Unobservable Inputs (Level 3) | HY credit spreads    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Debt 0.0653  
Senior SecuredLoans-First Lien | Maximum | Income/Market approach | Significant Unobservable Inputs (Level 3) | HY credit spreads    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Debt 0.0653 0.0048
Senior SecuredLoans-First Lien | Maximum | Income/Market approach | Significant Unobservable Inputs (Level 3) | Risk free rates    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Debt 0.0431 0.0086
Senior SecuredLoans-First Lien | Maximum | Income/Market approach | Significant Unobservable Inputs (Level 3) | Market multiples    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Debt 0.193 0.25
Senior SecuredLoans-First Lien | Weighted average | Significant Unobservable Inputs (Level 3) | HY credit spreads    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Debt 0.0152  
Senior SecuredLoans-First Lien | Weighted average | Income/Market approach | Significant Unobservable Inputs (Level 3) | HY credit spreads    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Debt (0.0152) (0.0024)
Senior SecuredLoans-First Lien | Weighted average | Income/Market approach | Significant Unobservable Inputs (Level 3) | Risk free rates    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Debt (0.0231) (0.0005)
Senior SecuredLoans-First Lien | Weighted average | Income/Market approach | Significant Unobservable Inputs (Level 3) | Market multiples    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Debt 0.101 0.116
Senior Secured Loans-Second Lien    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Fair value of investments $ 45,304,300 $ 56,733,110
Senior Secured Loans-Second Lien | Significant Unobservable Inputs (Level 3)    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Fair value of investments 45,304,300 56,733,110
Senior Secured Loans-Second Lien | Income/Market approach | Significant Unobservable Inputs (Level 3)    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Fair value of investments $ 45,304,300 $ 56,733,110
Senior Secured Loans-Second Lien | Minimum | Income/Market approach | Significant Unobservable Inputs (Level 3) | HY credit spreads    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Debt (0.0017) (0.0254)
Senior Secured Loans-Second Lien | Minimum | Income/Market approach | Significant Unobservable Inputs (Level 3) | Risk free rates    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Debt (0.0002) (0.0179)
Senior Secured Loans-Second Lien | Minimum | Income/Market approach | Significant Unobservable Inputs (Level 3) | Market multiples    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Debt 0.056 0.071
Senior Secured Loans-Second Lien | Maximum | Income/Market approach | Significant Unobservable Inputs (Level 3) | HY credit spreads    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Debt 0.0518 0.0053
Senior Secured Loans-Second Lien | Maximum | Income/Market approach | Significant Unobservable Inputs (Level 3) | Risk free rates    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Debt 0.0391 0.0094
Senior Secured Loans-Second Lien | Maximum | Income/Market approach | Significant Unobservable Inputs (Level 3) | Market multiples    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Debt 0.151 0.164
Senior Secured Loans-Second Lien | Weighted average | Income/Market approach | Significant Unobservable Inputs (Level 3) | HY credit spreads    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Debt (0.0239) (0.0053)
Senior Secured Loans-Second Lien | Weighted average | Income/Market approach | Significant Unobservable Inputs (Level 3) | Risk free rates    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Debt (0.0194) (0.0029)
Senior Secured Loans-Second Lien | Weighted average | Income/Market approach | Significant Unobservable Inputs (Level 3) | Market multiples    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Debt 0.114 0.129
Unsecured Debt    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Fair value of investments $ 4,823,898 $ 4,883,854
Unsecured Debt | Significant Unobservable Inputs (Level 3)    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Fair value of investments 4,823,898 4,883,854
Unsecured Debt | Income/Market approach | Significant Unobservable Inputs (Level 3)    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Fair value of investments $ 4,823,898 $ 4,883,854
Unsecured Debt | Minimum | Income/Market approach | Significant Unobservable Inputs (Level 3) | HY credit spreads    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Debt 0.0797 0.0025
Unsecured Debt | Minimum | Income/Market approach | Significant Unobservable Inputs (Level 3) | Risk free rates    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Debt 0.0363 0.0075
Unsecured Debt | Minimum | Income/Market approach | Significant Unobservable Inputs (Level 3) | Market multiples    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Debt 0.091 0.124
Unsecured Debt | Maximum | Income/Market approach | Significant Unobservable Inputs (Level 3) | HY credit spreads    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Debt 0.0797 0.0025
Unsecured Debt | Maximum | Income/Market approach | Significant Unobservable Inputs (Level 3) | Risk free rates    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Debt 0.0363 0.0075
Unsecured Debt | Maximum | Income/Market approach | Significant Unobservable Inputs (Level 3) | Market multiples    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Debt 0.091 0.124
Unsecured Debt | Weighted average | Income/Market approach | Significant Unobservable Inputs (Level 3) | HY credit spreads    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Debt 0.0797 (0.0025)
Unsecured Debt | Weighted average | Income/Market approach | Significant Unobservable Inputs (Level 3) | Risk free rates    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Debt (0.0363) (0.0075)
Unsecured Debt | Weighted average | Income/Market approach | Significant Unobservable Inputs (Level 3) | Market multiples    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Debt 0.091 0.124
Equity Securities    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Fair value of investments $ 59,049,932 $ 64,903,427
Equity Securities | Significant Unobservable Inputs (Level 3)    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Fair value of investments 59,049,932 64,903,427
Equity Securities | Income/Market approach | Significant Unobservable Inputs (Level 3)    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Fair value of investments $ 59,049,932  
Equity Securities | Market approach | Significant Unobservable Inputs (Level 3)    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Fair value of investments   $ 64,903,427
Equity Securities | Minimum | Market approach | Significant Unobservable Inputs (Level 3) | Underwriting EBITDA Multiple    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Equity investments 0.013 0.016
Equity Securities | Maximum | Market approach | Significant Unobservable Inputs (Level 3) | Underwriting EBITDA Multiple    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Equity investments 0.248 0.249
Equity Securities | Weighted average | Market approach | Significant Unobservable Inputs (Level 3) | Underwriting EBITDA Multiple    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Equity investments 0.117 0.115