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Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Investment income        
Total investment income $ 21,558 $ 18,378 $ 61,592 $ 53,689
Expenses        
Interest expense 5,632 3,842 15,351 11,456
Base management fees 3,881 3,508 11,741 10,209
Performance-based incentive fees 1,027 2,069 4,291 6,739
Administrative service fees 171 171 512 512
General and administrative expenses 884 896 2,919 2,592
Total expenses 11,595 10,486 34,814 31,508
Net investment income before excise tax 9,963 7,892 26,778 22,181
Excise tax 195 253 594 845
Net investment income after excise tax 9,768 7,639 26,184 21,336
Realized and unrealized gains (losses) on investments and foreign currency transactions        
Net realized gains (losses)     (15,537) 7,714
Foreign currency transactions (6) (206) (348) (209)
Foreign currency forward contracts   1 (8) (3)
Net realized gains (losses) 230 (96) (15,893) 7,502
Net change in unrealized appreciation (depreciation)     4,159 (2,234)
Translation of assets and liabilities in foreign currencies 1,713 263 2,441 161
Foreign currency forward contracts 10 187 10 186
Net change in unrealized appreciation (depreciation) (6,153) 732 6,610 (1,887)
Net realized and unrealized gains (losses) on investments and foreign currency transactions (5,923) 636 (9,283) 5,615
Net increase in net assets resulting from operations $ 3,845 $ 8,275 $ 16,901 $ 26,951
Per Common Share Data        
Basic earnings per common share $ 0.17 $ 0.40 $ 0.73 $ 1.30
Diluted earnings per common share 0.17 0.40 0.73 1.30
Dividends and distributions declared per common share $ 0.36 $ 0.36 $ 1.07 $ 1.07
Basic weighted average common shares outstanding 23,243,088 20,851,435 23,224,990 20,677,545
Diluted weighted average common shares outstanding 23,243,088 20,851,435 23,224,990 20,677,545
Non-controlled/non-affiliate company investments        
Investment income        
Interest income $ 17,121 $ 15,199 $ 49,890 $ 44,159
Fee income 423 1,224 1,564 2,344
Dividend income 100 35 268 144
Realized and unrealized gains (losses) on investments and foreign currency transactions        
Net realized gains (losses) 236 109 (17,262) 7,714
Net change in unrealized appreciation (depreciation) (7,275) (1,370) 5,296 (3,937)
Non-controlled affiliate company investments        
Investment income        
Interest income 95   228  
Dividend income 21 76 261 1,042
Realized and unrealized gains (losses) on investments and foreign currency transactions        
Net realized gains (losses)     1,725  
Net change in unrealized appreciation (depreciation) (389) 792 (2,596) 1,112
Controlled affiliate company investments        
Investment income        
Interest income 1,753 905 4,339 2,362
Dividend income 2,045 939 5,042 3,638
Realized and unrealized gains (losses) on investments and foreign currency transactions        
Net change in unrealized appreciation (depreciation) $ (212) $ 860 $ 1,459 $ 591