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SUMMARY OF PER SHARE INFORMATION (Details) - $ / shares
12 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Mar. 31, 2022
Mar. 31, 2021
Mar. 31, 2020
Mar. 31, 2019
Mar. 31, 2018
Mar. 31, 2017
Per Share Data:                
Investment income (in usd per share) $ 4.37 $ 3.97 $ 3.60 $ 3.57 $ 3.45 $ 3.10 $ 2.18 $ 1.48
Operating expenses (in usd per share) (1.65) (1.67) (1.70) (1.78) (1.76) (1.62) (1.16) (0.87)
Income taxes (in usd per share) (0.02) (0.01) (0.03) (0.13) (0.12) (0.06) (0.01) (0.11)
Net investment income (in usd per share) 2.70 2.29 1.87 1.66 1.57 1.42 1.01 0.50
Net realized (loss) gain, net of tax (in usd per share) (0.98) (0.57) 0.26 (0.45) 2.35 1.24 0.10 0.50
Net unrealized (depreciation) appreciation on investments, net of tax (in usd per share) 0.34 (0.62) 0.50 1.51 (5.16) (0.68) 1.34 0.49
Realized loss on extinguishment of debt (in usd per share) (0.01) 0 (0.75) (0.05) 0 0 0 0
Total increase (decrease) from investment operations (in usd per share) 2.05 1.10 1.88 2.67 (1.24) 1.98 2.45 1.49
Accretive effect of share issuances and repurchases (in usd per share) 0.86 0.50 1.45 0.30 0.45 0.06 (0.04) 0
Dividends to shareholders (in usd per share) (2.47) (2.28) (2.52) (2.05) (2.75) (2.27) (0.99) (0.79)
Spin-off Compensation Plan Distribution, net of tax (in usd per share) 0 0 0 0 0 0 (0.03) (0.08)
Issuance of restricted stock (in usd per share) (0.13) (0.14) (0.10) (0.16) (0.06) (0.23) (0.18) (0.15)
Common stock withheld for payroll taxes upon vesting of restricted stock (in usd per share) (0.05) (0.01) (0.03) 0 0 (0.01) (0.01) 0
Exercise of employee stock options (in usd per share) 0 0 0 0 0 (0.12) 0.01 (0.09)
Share based compensation expense (in usd per share) 0.10 0.10 0.14 0.14 0.16 0.13 0.11 0.08
Change in restoration plan (in usd per share) 0 0.06 0.01 0 (0.01) (0.01) (0.05) 0
Repurchase of common stock (in usd per share) 0 0 0 0 0.15 0 0 0
Other (in usd per share) 0.04 0.18 0.02 (0.02) (0.19) 0.01 0.01 0
(Decrease) increase in net asset value (in usd per share) 0.40 (0.49) 0.85 0.88 (3.49) (0.46) 1.28 0.46
Net asset value                
Beginning of period (in usd per share) 16.37 16.86 16.01 15.13 18.62 19.08 17.80 17.34
End of period (in usd per share) $ 16.77 $ 16.37 $ 16.86 $ 16.01 $ 15.13 $ 18.62 $ 19.08 $ 17.80
Ratios and Supplemental Data                
Ratio of operating expenses to average net assets 9.82% 10.06% 10.31% 11.51% 9.87% 8.61% 6.35% 4.95%
Ratio of operating expenses (excluding interest expense) to average net assets 3.52% 4.28% 5.03% 5.43% 4.94% 4.75% 4.72% 4.60%
Ratio of net investment income to average net assets 16.07% 13.75% 11.31% 10.74% 8.77% 7.53% 5.51% 2.83%
Portfolio turnover 15.65% 13.68% 33.91% 18.81% 22.76% 23.38% 25.42% 23.57%
Total investment return 55.66% (15.36%) 18.10% 118.56% (37.52%) 38.34% 6.61% 27.88%
Total return based on change in NAV 17.53% 10.62% 21.05% 19.37% (3.97%) 9.49% 12.75% 7.21%
Per share market value at the end of the period (in usd per share) $ 24.96 $ 17.78 $ 23.73 $ 22.16 $ 11.42 $ 21.04 $ 17.02 $ 16.91
Weighted average shares outstanding – basic (in share) 40,727,133 30,015,533 22,839,835 19,060,000 18,000,000 16,074,000 16,074,000 15,825,000
Weighted average shares outstanding – diluted (in share) 40,727,133 30,015,533 22,839,835 19,060,000 18,000,000 16,139,000 16,139,000 15,877,000
Common shares outstanding at end of period (in shares) 45,050,759 36,076,425 24,959,000 21,005,000 17,998,000 17,503,000 16,162,000 16,011,000