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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Operating Activities:        
Net Income (Loss) Attributable to Parent $ 9,013 $ 17,201 $ 24,132 $ 33,601
Adjustments to reconcile net increase in net assets resulting from operations to net cash used in operating activities:        
Purchases of investments     (86,450) (73,000)
Net change in unrealized appreciation on investments (5,515) (14,875) (17,284) (28,787)
Proceeds from return of capital on investments     237 0
Decrease in due to related parties     (1,914) (468)
Increase in accounts payable and other accrued expenses     64 383
Increase in deferred tax liability, net     583 19
Increase in prepaid expenses and other assets     (201) (144)
Other operating activities     10 94
Net cash used in operating activities     (80,823) (68,302)
Financing Activities:        
Proceeds from issuance of common shares     81,926 56,772
Payment on repurchases of common shares     (5,748) (3,179)
Distributions paid, net of distributions reinvested     (6,636) (5,016)
Deferred financing costs     (63) 0
Net cash provided by financing activities     69,479 48,577
Net decrease in cash     (11,344) (19,725)
Cash, beginning of period     58,704 82,688
Cash, end of period 47,360 62,963 47,360 62,963
Supplemental disclosure of cash flow information and non-cash financing activities:        
Distributions reinvested     3,316 1,645
Amounts incurred but not paid (including amounts due to related parties):        
Distributions payable 1,801 1,264 1,801 1,264
Offering costs     173 183
Payable for shares repurchased $ 10,813 $ 878 $ 10,813 $ 878