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SIGNIFICANT SUBSIDIARIES - Summarized Financial Information Balance Sheet (Details) - USD ($)
$ in Thousands
Sep. 30, 2022
Jun. 30, 2022
Mar. 31, 2022
Sep. 30, 2021
Jun. 30, 2021
Mar. 31, 2021
Investment Company, Nonconsolidated Subsidiary [Line Items]            
Cost $ 1,064,644 [1],[2],[3],[4]   $ 938,303 [5],[6],[7],[8]      
Total Investments 1,056,931 [1],[3],[9]   936,614 [5],[7],[10]      
Cash and cash equivalents 30,238   11,431      
Debt issuance costs (net of accumulated amortization of $5,090 and $4,573, respectively) 4,044   4,038      
Total assets 1,113,171   973,957      
Recorded Value 603,329   528,588      
Other liabilities 22,434   14,808      
Total liabilities 637,447   553,090      
Total net assets 475,724 $ 452,985 420,867 $ 381,945 $ 368,095 $ 336,251
Total liabilities and net assets 1,113,171   973,957      
I-45 SLF LLC            
Investment Company, Nonconsolidated Subsidiary [Line Items]            
Cost 188,101   187,714      
Total Investments 168,599   176,704      
Cash and cash equivalents 5,620   9,949      
Accounts receivable 193   123      
Debt issuance costs (net of accumulated amortization of $5,090 and $4,573, respectively) 1,037   1,518      
Interest Receivable 937   850      
Total assets 176,386   189,144      
Recorded Value 110,000   114,500      
Other liabilities 2,764   2,596      
Total liabilities 112,764   117,096      
Total net assets 63,622   72,048      
Total liabilities and net assets $ 176,386   $ 189,144      
[1] All debt investments are income-producing, unless otherwise noted. Equity investments are non-income producing, unless otherwise noted.
[2] As of September 30, 2022, the cumulative gross unrealized appreciation for U.S. federal income tax purposes is approximately $58.9 million; cumulative gross unrealized depreciation for federal income tax purposes is $62.8 million. Cumulative net unrealized depreciation is $3.9 million, based on a tax cost of $1,060.8 million.
[3] Equity ownership may be held in shares or units of a company that is either wholly owned by the portfolio company or under common control by the same parent company to the portfolio company.
[4] Negative cost in this column represents the original issue discount of certain undrawn revolvers and delayed draw term loans.
[5] All debt investments are income-producing, unless otherwise noted. Equity investments and warrants are non-income producing, unless otherwise noted.
[6] As of March 31, 2022, the cumulative gross unrealized appreciation for U.S. federal income tax purposes is approximately $67.8 million; cumulative gross unrealized depreciation for federal income tax purposes is $61.7 million. Cumulative net unrealized appreciation is $6.1 million, based on a tax cost of $852.4 million.
[7] Equity ownership may be held in shares or units of a company that is either wholly owned by the portfolio company or under common control by the same parent company to the portfolio company.
[8] Represents amortized cost. Negative cost in this column represents the original issue discount of certain undrawn revolvers and delayed draw term loans.
[9] The Company's investment portfolio is comprised entirely of debt and equity securities of privately held companies for which quoted prices falling within the categories of Level 1 and Level 2 inputs are not readily available. Therefore, the Company values all of its portfolio investments at fair value, as determined in good faith by the Board of Directors, using significant unobservable Level 3 inputs. Refer to Note 4 for further discussion.
[10] The Company's investment portfolio is comprised entirely of debt and equity securities of privately held companies for which quoted prices falling within the categories of Level 1 and Level 2 inputs are not readily available. Therefore, the Company values all of its portfolio investments at fair value, as determined in good faith by the Board of Directors, using significant unobservable Level 3 inputs. Refer to Note 4 for further discussion.