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CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN NET ASSETS (UNAUDITED) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Total Net Assets    
Beginning balance $ 500,309 [1],[2] $ 308,962
Net investment income 4,046 2,421
Net change in unrealized appreciation on investments 11,769 13,912
Net change in deferred taxes on investments (696) 67
Distributions to shareholders (4,928) (3,290)
Issuance of common shares through the Public Offerings 34,884 24,858
Issuance of common shares through distribution reinvestment plan $ 1,566 $ 758
Repurchase of common shares pursuant to share repurchase program (in shares) (160) (41)
Repurchase of common shares pursuant to share repurchase program $ 5,240 $ 1,211
Ending balance $ 541,710 [3],[4] $ 346,477
Common Stock    
Total Net Assets    
Beginning balance (in shares) 15,814 10,458
Beginning balance $ 16 $ 10
Issuance of common shares through the Offerings (in shares) 1,118 844
Issuance of common shares through the Public Offerings $ 1 $ 1
Issuance of common shares through distribution reinvestment plan (in shares) 50 26
Issuance of common shares through distribution reinvestment plan $ 0 $ 0
Repurchase of common shares pursuant to share repurchase program (in shares) (160) (41)
Repurchase of common shares pursuant to share repurchase program $ 0 $ 0
Ending balance (in shares) 16,822 11,287
Ending balance $ 17 $ 11
Capital in Excess of Par Value    
Total Net Assets    
Beginning balance 442,752 278,908
Issuance of common shares through the Public Offerings 34,883 24,857
Issuance of common shares through distribution reinvestment plan 1,566 758
Repurchase of common shares pursuant to share repurchase program 5,240 1,211
Ending balance 473,961 303,312
Distributable Earnings    
Total Net Assets    
Beginning balance 57,541 30,044
Net investment income 4,046 2,421
Net change in unrealized appreciation on investments 11,769 13,912
Net change in deferred taxes on investments (696) 67
Distributions to shareholders (4,928) (3,290)
Ending balance $ 67,732 $ 43,154
[1] Percentages represent fair value as a percentage of net assets for each investment category.
[2] Security may be an obligation of one or more entities affiliated with the named company.
[3] Percentages represent fair value as a percentage of net assets for each investment category.
[4] Security may be an obligation of one or more entities affiliated with the named company.