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Consolidated Statement of Cash Flows - USD ($)
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Operating Activities:    
Net (decrease) increase in net assets resulting from operations $ (1,747,698) $ 1,411,385
Payments for Purchase of Securities, Operating Activities 22,500,000 0
Adjustments to reconcile net (decrease) increase in net assets resulting from operations to net cash used in operating activities:    
Net change in unrealized depreciation (appreciation) on investments 3,393,662 (281,000)
Amortization of deferred offering expenses 28,143 14,434
Amortization of Debt Issuance Costs 3,603 0
Increase in net due from related parties (49,821) (755,337)
Increase in accounts payable and other accrued expenses 167,934 97,268
Increase in deferred offering expenses (48,262) 0
Decrease in prepaid expenses and other assets 47,341 37,788
Net cash (used in) provided by operating activities (20,705,098) 524,538
Financing Activities:    
Proceeds from issuance of common shares 20,462,021 10,573,054
Payments for Repurchase of Common Stock (223,738) 0
Distributions paid, net of distributions reinvested (1,572,654) (1,070,463)
Net cash provided by financing activities 18,665,629 9,502,591
Net (decrease) increase in cash and restricted cash (2,039,469) 10,027,129
Cash and restricted cash, beginning of period 30,954,005 21,667,867
Cash and restricted cash, end of period 28,914,536 31,694,996
Supplemental disclosure of cash flow information and non-cash financing activities:    
Distributions reinvested 380,187 101,204
Amounts incurred but not paid (including amounts due to related parties):    
Distributions payable 732,046 422,490
Offering costs 75,105 77,516
Payable for shares repurchased $ 1,942,166 $ 0