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COMMITMENTS AND CONTINGENCIES (Tables)
 9 Months Ended
Dec. 31, 2024
Commitments and Contingencies Disclosure [Abstract]  
Schedule of Unused Commitments to Extend Credit
The balances of unfunded debt commitments as of December 31, 2024 and March 31, 2024 were as follows (amounts in thousands):
December 31,March 31,
Portfolio Company20242024
Revolving Loans
360 Quote TopCo, LLC$500 $— 
Acacia BuyerCo V LLC— 2,000 
Acceleration, LLC— 5,000 
Air Conditioning Specialist, Inc.2,604 1,675 
Apple Roofing Administrative Services, LLC (fka Roof OpCo, LLC)3,056 3,056 
ArborWorks, LLC1,148 432 
ATS Operating, LLC1,640 1,640 
Bond Brand Loyalty ULC1,200 2,000 
BP Loenbro Holdings Inc.661 1,101 
Brandner Design, LLC1,000 — 
Burning Glass Intermediate Holding Company, Inc.296 296 
Campany Roof Maintenance, LLC1,064 — 
Catbird NYC, LLC4,000 4,000 
Cavalier Buyer, Inc.2,000 2,000 
CDC Dental Management Co., LLC1,500 2,000 
Central Medical Supply LLC1,050 800 
Cumbria Capital MSO, LLC1,000 — 
Damotech Inc.3,000 3,000 
Drive Line Service of Portland, LLC2,000 — 
Edge Autonomy Holdings, LLC4,000 4,000 
Exact Borrower, LLC2,500 2,500 
FS Vector LLC4,000 2,000 
Gains Intermediate, LLC2,500 2,500 
GPT Industries, LLC3,000 3,000 
GrammaTech, Inc.1,000 2,500 
Gulf Pacific Acquisition, LLC303 555 
HH-Inspire Acquisition, Inc.346 46 
Ignite Visibility LLC2,000 2,000 
Institutes of Health, LLC1,000 1,000 
ISI Enterprises, LLC2,000 2,000 
Island Pump and Tank, LLC3,479 1,500 
ITA Holdings Group, LLC— 1,058 
LEHR Upfitters, LLC2,623 — 
LGM Pharma LLC1,500 1,500 
December 31,March 31,
Portfolio Company20242024
Lighting Retrofit International, LLC1,354 1,354 
Lightning Intermediate II, LLC1,852 1,852 
LKC Technologies, Inc.2,000 2,000 
Mako Steel LP1,887 1,887 
Mammoth BorrowCo, Inc.2,500 1,950 
Microbe Formulas LLC1,627 1,627 
Mid-Florida Endodontics Management Company, LLC3,000 — 
Musiker Discovery Programs, Inc.3,000 — 
NeuroPsychiatric Hospitals, LLC2,000 — 
New Skinny Mixes, LLC4,000 3,500 
NinjaTrader, Inc.2,500 2,500 
Opco Borrower, LLC— 833 
Outerbox, LLC— 2,000 
Pipeline Technique Ltd.944 2,278 
Pool Service Holdings, LLC2,000 — 
Red Dog Operations Holding Company LLC2,000 — 
Revo Brands, Inc.5,400 7,000 
Roseland Management, LLC2,000 2,000 
RTIC Subsidiary Holdings LLC— 301 
ServerLIFT, LLC5,000 — 
South Coast Terminals LLC— 1,935 
Spotlight AR, LLC2,000 2,000 
Superior Health Parent LLC2,000 — 
Swensons Drive-In Restaurants, LLC1,500 1,500 
The Gobel Group, LLC1,000 — 
TMT BHC Buyer, Inc.4,717 4,717 
Tru Fragrance & Beauty LLC4,000 3,900 
Versicare Management LLC— 2,500 
Wall Street Prep, Inc.1,000 1,000 
Well-Foam, Inc.4,500 4,500 
Winter Services Operations, LLC2,267 3,111 
Zenfolio Inc.1,500 1,000 
Total Revolving Loans125,518 112,404 
Delayed Draw Term Loans
AAC New Holdco Inc.117 — 
Air Conditioning Specialist Inc.3,229 750 
BP Loenbro Holdings Inc.1,101 1,101 
Central Medical Supply LLC1,400 1,400 
CityVet, Inc.— 5,000 
Crafty Apes. LLC924 — 
Cumbria Capital MSO, LLC1,050 — 
Exact Borrower, LLC4,000 — 
December 31,March 31,
Portfolio Company20242024
Gulf Pacific Acquisition, LLC— 1,212 
Ignite Visibility LLC— 2,000 
ITA Holdings Group, LLC— 854 
LEHR Upfitters, LLC5,247 — 
Mammoth BorrowCo, Inc.— 1,325 
Mid-Florida Endodontics Management Company, LLC10,000 — 
Musiker Discovery Programs, Inc.7,500 — 
New Skinny Mixes, LLC— 3,000 
One Group, LLC545545 
Pool Service Holdings, LLC9,400 5,000 
Superior Health Parent LLC10,000 — 
SureKap, LLC7,222 — 
TMT BHC Buyer, Inc.5,000 5,000 
Total Delayed Draw Term Loans66,735 27,187 
Other
Broad Sky Networks, LLC 57 — 
Total Other57 — 
Total Unfunded Debt Commitments$192,310 $139,591 
The balances of unfunded equity commitments as of December 31, 2024 and March 31, 2024 were as follows (amounts in thousands):

December 31, 2024March 31, 2024
Unfunded Equity Commitments
Catbird NYC, LLC$125 $125 
Infolinks Media Buyco, LLC411 412 
Total Unfunded Equity Commitments$536 $537 
Schedule of Unfunded Debt
The following table provides additional information regarding the expiration year of the Company’s unfunded debt commitments (amounts in thousands):
December 31, 2024March 31, 2024
Unfunded Debt Commitments
Expiring during:
2025$5,117 $26,462 
202632,484 8,242 
202763,464 31,417 
202818,220 31,021 
202944,319 42,449 
203026,706 — 
20312,000 — 
Total Unfunded Debt Commitments$192,310 $139,591 
Schedule of Future Minimum Payments
The following table shows future minimum payments under the Company's operating leases as of December 31, 2024 (in thousands):

Year ending March 31, Rent Commitment
2025$172 
2026697 
2027715 
2028733 
2029752 
Thereafter5,759 
Total$8,828