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CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN NET ASSETS (UNAUDITED) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Total Net Assets        
Beginning balance $ 541,710 $ 346,477 $ 500,309 [1],[2] $ 308,962
Net investment income 3,385 2,412 7,431 4,833
Net change in unrealized appreciation on investments 5,515 14,875 17,284 28,787
Net change in deferred taxes on investments 113 (86) (583) (19)
Distributions to shareholders (5,259) (3,618) (10,187) (6,908)
Issuance of common shares through the Public Offerings 47,042 43,997 81,926 68,855
Issuance of common shares through distribution reinvestment plan 1,751 887 $ 3,316 $ 1,645
Repurchase of common shares pursuant to share repurchase program (in shares)     (493) (69)
Repurchase of common shares pursuant to share repurchase program (10,813) (877) $ (16,052) $ (2,088)
Ending balance $ 583,444 [3],[4] $ 404,067 $ 583,444 [3],[4] $ 404,067
Common Stock        
Total Net Assets        
Beginning balance (in shares) 16,822 11,287 15,814 10,458
Beginning balance $ 17 $ 11 $ 16 $ 10
Issuance of common shares through the Offerings (in shares) 1,493 1,442 2,611 2,286
Issuance of common shares through the Public Offerings $ 1 $ 2 $ 2 $ 3
Issuance of common shares through distribution reinvestment plan (in shares) 56 30 106 56
Repurchase of common shares pursuant to share repurchase program (in shares) (333) (28) (493) (69)
Ending balance (in shares) 18,038 12,731 18,038 12,731
Ending balance $ 18 $ 13 $ 18 $ 13
Capital in Excess of Par Value        
Total Net Assets        
Beginning balance 473,961 303,312 442,752 278,908
Issuance of common shares through the Public Offerings 47,041 43,995 81,924 68,852
Issuance of common shares through distribution reinvestment plan 1,751 887 3,316 1,645
Repurchase of common shares pursuant to share repurchase program (10,813) (877) (16,052) (2,088)
Ending balance 511,940 347,317 511,940 347,317
Distributable Earnings        
Total Net Assets        
Beginning balance 67,732 43,154 57,541 30,044
Net investment income 3,385 2,412 7,431 4,833
Net change in unrealized appreciation on investments 5,515 14,875 17,284 28,787
Net change in deferred taxes on investments 113 (86) (583) (19)
Distributions to shareholders (5,259) (3,618) (10,187) (6,908)
Ending balance $ 71,486 $ 56,737 $ 71,486 $ 56,737
[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.