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Schedule of Investments in and Advances to Affiliates (Tables)
 9 Months Ended
Dec. 31, 2024
Investments in and Advances to Affiliates [Abstract]  
Schedule of Investments in and Advances to Affiliates
SCHEDULE 12-14
Schedule of Investments in and Advances to Affiliates
(In thousands)

Portfolio CompanyType of Investment (1)Industry December 31, 2024 Principal Amount - Debt InvestmentsAmount of Interest or Dividends Credited in Income (2)Fair Value at March 31, 2024Gross Additions (3)Gross Reductions (4)Amount of Realized Gain/(Loss) (5)Amount of Unrealized Gain/(Loss)Fair Value at December 31, 2024
Control Investments
Brandner Design, LLCRevolving LoanBuilding & Infrastructure Products$— $6 $— $(13)$— $— $13 $— 
First Lien8,750 969 — 8,632 — — 83 8,715 
27,000 Class A Units
— — — — — — 312 312 
Total Control Investments$8,750 $975 $— $8,619 $— $— $408 $9,027 
Affiliate Investments
Air Conditioning Specialist, Inc.Revolving LoanConsumer Services$— $73 $825 $(1)$(825)$— $1 $— 
First Lien21,130 2,392 24,407 8,229 (11,537)84 (138)21,045 
Delayed Draw Term Loan2,944 51 — 3,702 (757)— (12)2,933 
1,006,045.85 Preferred Units
— — 3,319 — — — 338 3,657 
ArborWorks, LLCRevolving LoanEnvironmental Services853 188 1,569 178 (894)— — 853 
First Lien3,419 294 3,123 296 — — — 3,419 
100 Class A Units
— — 5 — — — (1)4 
13,898.32 Class A-1 Preferred Units
— — 3,170 — — — (759)2,411 
13,898.32 Class B-1 Preferred Units
— — — — — — — — 
1,666.67 Class A-1 Common Units
— — — — — — — — 
Catbird NYC, LLCRevolving LoanSpecialty Retail— 92 — 2,012 (2,000)— (12)— 
First Lien14,800 1,440 15,100 49 (300)— (49)14,800 
1,000,000 Class A Units
— 9 1,781 — — — (147)1,634 
500,000 Class B Units
— 4 757 — — — (45)712 
Portfolio CompanyType of Investment (1)Industry December 31, 2024 Principal Amount - Debt InvestmentsAmount of Interest or Dividends Credited in Income (2)Fair Value at March 31, 2024Gross Additions (3)Gross Reductions (4)Amount of Realized Gain/(Loss) (5)Amount of Unrealized Gain/(Loss)Fair Value at December 31, 2024
Central Medical Supply LLCRevolving LoanHealthcare Equipment & Supplies1,450 120 700 742 — — 5 1,447 
First Lien16,290 1,060 7,540 8,723 — — (5)16,258 
Delayed Draw Term Loan101 20 101 4 — — (5)100 
2,620,670 Preferred Units
— — 1,360 — — — 1,803 3,163 
Command Group Acquisition, LLCFirst LienHealthcare Equipment & Supplies6,000 613 5,882 13 — — (177)5,718 
1,250,000 Preferred Units
— — 1,250 — — — (390)860 
Crafty Apes, LLCFirst LienMovies & Entertainment3,729 55 — 3,554 — — — 3,554 
Delayed Draw Term Loan— — — — — — — — 
1,519.07 Class A Common Units
— — — 4,730 — — — 4,730 
Dynamic Communities, LLCFirst Lien - Term Loan ABusiness Services4,634 377 4,249 387 — — (2)4,634 
First Lien - Term Loan B4,824 456 4,359 465 — — — 4,824 
250,000 Class A Preferred units
— — 317 — — — — 317 
5,435,211.03 Class B Preferred units
— — — — — — — — 
255,984.22 Class C Preferred units
— — — — — — — — 
2,500,000 Common units
— — — — — — — — 
GPT Industries, LLCRevolving LoanIndustrial Products— 20 — 9 — — (9)— 
First lien5,900 596 6,004 16 (104)— (16)5,900 
1,000,000 Class A Preferred Units
— — 2,064 — — — 523 2,587 
GrammaTech, Inc.Revolving LoanSoftware & IT Services— (2)— (3)— — 3 — 
First Lien750 109 1,000 2 (250)— (2)750 
1,000 Class A units
— — — — — — — — 
360.06 Class A-1 units
— — — — — — — — 
Portfolio CompanyType of Investment (1)Industry December 31, 2024 Principal Amount - Debt InvestmentsAmount of Interest or Dividends Credited in Income (2)Fair Value at March 31, 2024Gross Additions (3)Gross Reductions (4)Amount of Realized Gain/(Loss) (5)Amount of Unrealized Gain/(Loss)Fair Value at December 31, 2024
ITA Holdings Group, LLCRevolving LoanTransportation & Logistics3,525 450 2,468 1,762 (705)— — 3,525 
First Lien - Term Loan13,336 1,805 13,038 635 — — (337)13,336 
First Lien - Term Loan B13,336 1,999 13,038 627 — — (329)13,336 
Delayed Draw Term Loan - A1,484 143 1,058 424 — — 2 1,484 
Delayed Draw Term Loan - B1,484 163 1,058 424 — — 2 1,484 
Warrants— — 4,005 — — — 4,870 8,875 
Warrants— — 3,869 — — — 6,240 10,109 
9.25% Class A membership interest
— 38 2,374 — — — 5,223 7,597 
Lighting Retrofit International, LLC (DBA Envocore)Revolving LoanEnvironmental Services729 47 714 469 (469)— (13)701 
First Lien5,052 291 4,984 — (39)— (90)4,855 
Second Lien5,208 — 4,917 — — — (1,115)3,802 
208,333.3333 Series A Preferred units
— — — — — — — — 
203,124.9999 Common units
— — — — — — — — 
Outerbox, LLCRevolving LoanMedia & Marketing— 2 — 1 — 18 (19)— 
First Lien— 350 14,522 8 (14,625)149 (54)— 
11,008.6744 Class A common units
— — 581 — (581)— — — 
Pool Service Partners, Inc.Revolving LoanConsumer Services— 26 980 (6)(1,000)— 26 — 
First Lien5,000 457 4,900 12 — — (147)4,765 
Delayed Draw Term Loan3,100 206 588 2,454 — — (88)2,954 
10,000 Common units
— — 1,384 — — — (790)594 
Red Dog Operations Holding Company LLCRevolving LoanConsumer Services— 2 — (19)— — 19 — 
First Lien7,500 109 — 7,426 — — — 7,426 
1,000 Class A Preferred Units
— — — 1,000 — — — 1,000 
Portfolio CompanyType of Investment (1)Industry December 31, 2024 Principal Amount - Debt InvestmentsAmount of Interest or Dividends Credited in Income (2)Fair Value at March 31, 2024Gross Additions (3)Gross Reductions (4)Amount of Realized Gain/(Loss) (5)Amount of Unrealized Gain/(Loss)Fair Value at December 31, 2024
Roseland Management, LLCRevolving LoanHealthcare Services— 3 — (5)— — 5 — 
First Lien14,797 1,402 14,906 17 (109)— (17)14,797 
3,364 Class A-2 Units
— — 762 — — — 40 802 
1,100 Class A-1 units
— — 183 — — — 13 196 
16,084 Class A units
— — 747 — — — 194 941 
Sonobi, Inc.
500,000 Class A Common units
Media & Marketing— — 1,958 — — — (1,958)— 
STATinMED, LLCFirst LienPharmaceuticals, Biotechnology & Life Sciences7,560 — 4,914 — — — (4,914)— 
4,718.62 Class A Preferred Units
— — — — — — — — 
39,097.96 Class B Preferred Units
— — — — — — — — 
Student Resource Center LLCFirst LienEducation9,644 — 3,376 — — — 385 3,761 
355,555.56 Senior Preferred units
— — — 356 — — (356)— 
10,502,487.46 Preferred units
— — — — — — — — 
2,000,000 Preferred units
— — — — — — — — 
TalkNY Management Holdings, LLCFirst LienHealthcare Services7,500 514 — 7,397 — — (85)7,312 
1,500,000 Class A-1 Preferred Units
— — — 1,500 — — (418)1,082 
Total Affiliate Investments$186,079 $15,974 $190,206 $57,589 $(34,195)$251 $7,193 $221,044 
Total Control & Affiliate Investments$194,829 $16,949 $190,206 $66,208 $(34,195)$251 $7,601 $230,071 
(1)The principal amount and ownership detail as shown in the Consolidated Schedules of Investments.
(2)Represents the total amount of interest or dividends credited to income for the portion of the year an investment was included in the Control or Affiliate categories, respectively.
(3)Gross additions include increases in the cost basis of investments resulting from new portfolio investments, follow-on investments, accrued PIK interest, and accretion of OID. Gross additions also include movement of an existing portfolio company into this category and out of a different category.
(4)Gross reductions include decreases in the cost basis of investments resulting from principal repayments or sales and the exchange of one or more existing securities for one or more new securities. Gross reductions also include movement of an existing portfolio company out of this category and into a different category.
(5)The schedule does not reflect realized gains or losses on escrow receivables for investments which were previously exited and were not held during the period presented. Gains and losses on escrow receivables are classified in the Consolidated Statements of Operations according to the control classification at the time the investment was exited.