BORROWINGS (Tables)

12 Months Ended

Mar. 31, 2023

Debt Disclosure [Abstract]

Schedule of Borrowings Outstanding

The Company had the following borrowings outstanding as of March 31, 2023 and March 31, 2022 (amounts in thousands):

March 31, 2023	Outstanding Balance		Unamortized Debt Issuance Costs and Debt Discount/Premium(1)		Recorded Value
SBA Debentures	$	120,000	$	(3,670)	$	116,330
Credit Facility	235,000		—		235,000
January 2026 Notes	140,000		(949)		139,051
October 2026 Notes	150,000		(2,737)		147,263
	$	645,000	$	(7,356)	$	637,644
March 31, 2022
SBA Debentures	$	40,000	$	(1,648)	$	38,352
Credit Facility	205,000		—		205,000
January 2026 Notes	140,000		(1,286)		138,714
October 2026 Notes	150,000		(3,478)		146,522
	$	535,000	$	(6,412)	$	528,588

(1)The unamortized debt issuance costs for the Credit Facility are reflected as Debt issuance costs on the Consolidated Statements of Assets and Liabilities.

Schedule of Issued and Outstanding SBA Debentures

As of March 31, 2023, the Company's issued and outstanding SBA Debentures mature as follows (amounts in thousands):

Pooling Date (1)	Maturity Date	Fixed Interest Rate	March 31, 2023
9/22/2021	9/1/2031	1.575%	$	15,000
3/23/2022	3/1/2032	3.209%	25,000
9/21/2022	9/1/2032	4.435%	40,000
3/22/2023	3/1/2033	5.215%	40,000
			$	120,000

(1)The SBA has two scheduled pooling dates for SBA Debentures (in March and in September). Certain SBA Debentures funded during the reporting periods may not be pooled until the subsequent pooling date.

Summary of Contractual Payment Obligations

A summary of the Company's contractual payment obligations for the repayment of outstanding indebtedness at March 31, 2023 is as follows:

	Years Ending March 31,
	2024		2025		2026		2027		2028		Thereafter		Total
SBA Debentures	$	—	$	—	$	—	$	—	$	—	$	120,000	$	120,000
Credit Facility	—		—		—		235,000		—		—		235,000
January 2026 Notes	—		—		140,000		—		—		—		140,000
October 2026 Notes	—		—		—		150,000		—		—		150,000
Total	$	—	$	—	$	140,000	$	385,000	$	—	$	120,000	$	645,000