XML 55 R45.htm IDEA: XBRL DOCUMENT v3.22.2.2
Fair Value Measurements - Schedule of Quantitative Information Regarding Level 3 Fair Value Measurements (Details)
Sep. 30, 2022
USD ($)
Dec. 31, 2021
USD ($)
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Valuation Techniques [Line Items]    
Investments $ 910,168,945 $ 729,516,274
Level 3    
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Valuation Techniques [Line Items]    
Investments 895,864,273 657,346,204
Level 3 | Common Stock    
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Valuation Techniques [Line Items]    
Investments 1,228,197  
Level 3 | Preferred Stock    
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Valuation Techniques [Line Items]    
Investments 384,685 1,332,420
Level 3 | Senior Secured Term Loans | Discounted Cash Flow Analysis    
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Valuation Techniques [Line Items]    
Investments $ 841,360,595 $ 594,793,670
Level 3 | Senior Secured Term Loans | Discounted Cash Flow Analysis | Minimum | Discount Rate    
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Valuation Techniques [Line Items]    
Debt securities, measurement input 0.115 0.062
Level 3 | Senior Secured Term Loans | Discounted Cash Flow Analysis | Maximum | Discount Rate    
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Valuation Techniques [Line Items]    
Debt securities, measurement input 0.250 0.712
Level 3 | Senior Secured Term Loans | Discounted Cash Flow Analysis | Weighted Average | Discount Rate    
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Valuation Techniques [Line Items]    
Debt securities, measurement input (0.144) (0.129)
Level 3 | Senior Secured Term Loans | PWERM    
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Valuation Techniques [Line Items]    
Investments $ 21,167,394 $ 28,259,976
Level 3 | Senior Secured Term Loans | PWERM | Minimum | Discount Rate    
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Valuation Techniques [Line Items]    
Debt securities, measurement input 0.350 0.163
Level 3 | Senior Secured Term Loans | PWERM | Maximum | Discount Rate    
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Valuation Techniques [Line Items]    
Debt securities, measurement input 0.400 0.250
Level 3 | Senior Secured Term Loans | PWERM | Weighted Average | Discount Rate    
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Valuation Techniques [Line Items]    
Debt securities, measurement input (0.389) (0.208)
Level 3 | Senior Secured Term Loans | Market Approach | Minimum | Origination Yield    
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Valuation Techniques [Line Items]    
Debt securities, measurement input 0.104 0.051
Level 3 | Senior Secured Term Loans | Market Approach | Maximum | Origination Yield    
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Valuation Techniques [Line Items]    
Debt securities, measurement input 0.193 1.001
Level 3 | Senior Secured Term Loans | Market Approach | Weighted Average | Origination Yield    
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Valuation Techniques [Line Items]    
Debt securities, measurement input (0.127) (0.118)
Level 3 | Second Lien Term Loans | Discounted Cash Flow Analysis    
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Valuation Techniques [Line Items]    
Investments $ 13,403,245 $ 12,872,588
Level 3 | Second Lien Term Loans | Discounted Cash Flow Analysis | Minimum | Discount Rate    
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Valuation Techniques [Line Items]    
Debt securities, measurement input 0.157 0.122
Level 3 | Second Lien Term Loans | Discounted Cash Flow Analysis | Maximum | Discount Rate    
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Valuation Techniques [Line Items]    
Debt securities, measurement input 0.157 0.122
Level 3 | Second Lien Term Loans | Discounted Cash Flow Analysis | Weighted Average | Discount Rate    
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Valuation Techniques [Line Items]    
Debt securities, measurement input (0.157) (0.122)
Level 3 | Warrants | PWERM    
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Valuation Techniques [Line Items]    
Investments $ 6,883,329 $ 6,954,770
Level 3 | Warrants | PWERM | Minimum | Discount Rate    
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Valuation Techniques [Line Items]    
Warrants outstanding, measurement input 0.200 0.300
Level 3 | Warrants | PWERM | Minimum | Revenue Multiples    
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Valuation Techniques [Line Items]    
Warrants outstanding, measurement input 0.0273 0.0294
Level 3 | Warrants | PWERM | Maximum | Discount Rate    
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Valuation Techniques [Line Items]    
Warrants outstanding, measurement input 0.400 0.460
Level 3 | Warrants | PWERM | Maximum | Revenue Multiples    
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Valuation Techniques [Line Items]    
Warrants outstanding, measurement input 2.0418 1.2371
Level 3 | Warrants | PWERM | Weighted Average | Discount Rate    
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Valuation Techniques [Line Items]    
Warrants outstanding, measurement input 0.324 (0.360)
Level 3 | Warrants | PWERM | Weighted Average | Revenue Multiples    
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Valuation Techniques [Line Items]    
Warrants outstanding, measurement input (0.1259) (0.0953)
Level 3 | Warrants | Option Pricing Model    
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Valuation Techniques [Line Items]    
Investments $ 11,436,828 $ 13,132,780
Level 3 | Warrants | Option Pricing Model | Minimum | Risk-free Interest Rate    
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Valuation Techniques [Line Items]    
Warrants outstanding, measurement input 0.024 0.001
Level 3 | Warrants | Option Pricing Model | Minimum | Average Industry Volatility    
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Valuation Techniques [Line Items]    
Warrants outstanding, measurement input 0.250 0.200
Level 3 | Warrants | Option Pricing Model | Minimum | Estimated Time to Exit    
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Valuation Techniques [Line Items]    
Warrants outstanding, measurement input 0.003 0.005
Level 3 | Warrants | Option Pricing Model | Minimum | Revenue Multiples    
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Valuation Techniques [Line Items]    
Warrants outstanding, measurement input 0.0145 0.0000
Level 3 | Warrants | Option Pricing Model | Maximum | Risk-free Interest Rate    
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Valuation Techniques [Line Items]    
Warrants outstanding, measurement input 0.043 0.012
Level 3 | Warrants | Option Pricing Model | Maximum | Average Industry Volatility    
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Valuation Techniques [Line Items]    
Warrants outstanding, measurement input 0.987 0.750
Level 3 | Warrants | Option Pricing Model | Maximum | Estimated Time to Exit    
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Valuation Techniques [Line Items]    
Warrants outstanding, measurement input 0.050 0.057
Level 3 | Warrants | Option Pricing Model | Maximum | Revenue Multiples    
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Valuation Techniques [Line Items]    
Warrants outstanding, measurement input 1.7614 0.1346
Level 3 | Warrants | Option Pricing Model | Weighted Average | Risk-free Interest Rate    
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Valuation Techniques [Line Items]    
Warrants outstanding, measurement input (0.035) (0.005)
Level 3 | Warrants | Option Pricing Model | Weighted Average | Average Industry Volatility    
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Valuation Techniques [Line Items]    
Warrants outstanding, measurement input (0.450) (0.396)
Level 3 | Warrants | Option Pricing Model | Weighted Average | Estimated Time to Exit    
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Valuation Techniques [Line Items]    
Warrants outstanding, term 2 years 1 month 6 days 2 years
Level 3 | Warrants | Option Pricing Model | Weighted Average | Revenue Multiples    
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Valuation Techniques [Line Items]    
Warrants outstanding, measurement input (0.0616) (0.0616)