XML 18 R5.htm IDEA: XBRL DOCUMENT v3.22.4
CONSOLIDATED STATEMENTS OF CHANGES IN NET ASSETS (unaudited) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Increase (decrease) in net assets resulting from operations:      
Net investment income $ 10,461 $ 12,285 $ 7,149
Net realized gain (loss) (126,046) (9,639) (9,749)
Net change in unrealized appreciation (depreciation) on investments 100,002 (12,921) (29,356)
Net increase (decrease) in net assets resulting from operations (15,583) (10,275) (31,956)
Distributions to stockholders:      
Distributions [1] (13,023) (9,743) (13,349)
Total distributions to stockholders (13,023) (9,743) (13,349)
Capital transactions:      
Issuance of common stock, net 38,859 13,239 30,248
Fractional shares redeemed for cash in lieu of reverse stock split 0 0 0
Common stock distributed 0 1,720 7,783
Net increase (decrease) in net assets resulting from capital transactions 38,859 14,959 38,031
Total increase (decrease) in net assets 10,253 (5,059) (7,274)
Net assets at beginning of period 74,556 79,615 86,889
Net assets at end of period $ 84,809 $ 74,556 $ 79,615
Capital share activity      
Shares outstanding at the beginning of the period [2] 4,484,278 3,838,242 1,677,114
Issuance of common stock [2] 3,117,684 566,239 1,793,658
Fractional shares redeemed for cash in lieu of reverse stock split [2] (4) 0  
Common stock distributed [2] 0 79,797 367,470
Shares outstanding at the end of the period [2] 7,601,958 4,484,278 3,838,242
[1] Distributions were from distributable earnings for each of the periods presented.
[2] Share activity has been adjusted for the periods shown to reflect the six-for-one reverse stock split effected on February 28, 2022 on a retroactive basis as described in Note 2.