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Consolidated Statements of Operations - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Investment Income:      
Paid-in-kind interest $ 3,868 $ 4,455 $ 3,148
Total investment income 184,134 116,717 93,986
Expenses:      
Interest and other debt financing costs 58,742 31,880 19,766
Management fees 19,613 16,344 14,118
Income based incentive fees 17,451 11,214 9,849
Capital gains based incentive fees   (6,324) 6,324
Professional fees 1,593 1,302 1,769
Directors’ fees 600 524 475
Other general and administrative expenses 2,753 2,660 2,628
Total expenses 100,752 57,600 54,929
Management fees waiver (190) (229) (3,302)
Income based incentive fees waiver (276) (538) (7,517)
Net expenses 100,286 56,833 44,110
Net investment income before taxes 83,848 59,884 49,876
(Benefit) provision for income and excise taxes 1,307 155 2,250
Net investment income 82,541 59,729 47,626
Net realized gain (loss) on:      
Foreign currency transactions (1,435) (33) (311)
Net change in unrealized appreciation (depreciation) on:      
Net realized and unrealized gains (losses) on investments 263 (43,379) 37,404
Benefit (provision) for taxes on realized gain on investments 132 (911) (1,177)
Benefit (provision) for taxes on unrealized appreciation (depreciation) on investments 901 105 (220)
Net increase (decrease) in net assets resulting from operations $ 83,837 $ 15,544 $ 83,633
Per common share data:      
Net increase (decrease) in net assets resulting from operations per share (basic and diluted): $ 2.33 $ 0.5 $ 2.94
Net investment income per share (basic): 2.3 1.93 1.67
Net investment income per share (diluted): $ 2.3 $ 1.93 $ 1.67
Weighted average shares outstanding (basic): 35,928,203 30,887,360 28,477,771
Weighted average shares outstanding (diluted): 35,928,203 30,887,360 28,477,771
Foreign Currency Forward Contracts      
Net realized gain (loss) on:      
Foreign currency transactions $ 1,021 $ 24 $ (193)
Foreign currency forward contracts 1,021 24 (193)
Net change in unrealized appreciation (depreciation) on:      
Foreign currency forward contracts (2,954) 6,513 2,116
Non-controlled Non-affiliated Investments      
Investment Income:      
Interest income 162,089 101,751 81,371
Paid-in-kind interest 3,191 1,564 1,881
Dividend income 438 127 1,919
Other income 658 540 791
Net realized gain (loss) on:      
Net realized gain (loss) on investments (12,465) 1,157 3,687
Net change in unrealized appreciation (depreciation) on:      
Net change in unrealized appreciation (depreciation) on investments and foreign currency translation 21,772 (43,818) 12,535
Non-controlled Affiliated Investments      
Investment Income:      
Interest income 2,974 1,625 1,170
Paid-in-kind interest 816 2,106 1,235
Dividend income 2,058 5,169 2,414
Other income 309   3
Net realized gain (loss) on:      
Net realized gain (loss) on investments   7,098 28,810
Net change in unrealized appreciation (depreciation) on:      
Net change in unrealized appreciation (depreciation) on investments and foreign currency translation (4,505) (9,419) (10,464)
Controlled Investments      
Investment Income:      
Interest income 609 745 2
Paid-in-kind interest 192 732  
Dividend income 10,800 2,358 3,200
Net realized gain (loss) on:      
Net realized gain (loss) on investments   (3,301)  
Net change in unrealized appreciation (depreciation) on:      
Net change in unrealized appreciation (depreciation) on investments and foreign currency translation $ (1,171) $ (1,600) $ 602