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CONSOLIDATED STATEMENT OF OPERATIONS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
INTEREST INCOME (EXPENSE)    
Interest income $ 35,006 $ 28,364
Interest expense (14,820) (2,723)
Total net interest income 20,186 25,641
EXPENSES    
Management fees to affiliate 1,758 2,402
Professional fees 824 938
Compensation expense 710 721
Insurance expense 401 377
Other operating expenses 1,435 1,314
Total expenses 5,128 5,752
OTHER INCOME (LOSS)    
Net realized gains (losses) on securities (73,682) 3,818
Net realized gains (losses) on financial derivatives 48,996 (2,526)
Change in net unrealized gains (losses) on securities (79,103) (36,090)
Change in net unrealized gains (losses) on financial derivatives 58,533 8,600
Total other income (loss) (45,256) (26,198)
NET INCOME (LOSS) $ (30,198) $ (6,309)
NET INCOME (LOSS) PER COMMON SHARE:    
Basic and Diluted (in dollars per share) $ (2.29) $ (0.50)