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Statements of Assets and Liabilities - USD ($)
Mar. 31, 2023
Dec. 31, 2022
Investments at fair value:    
Investments at fair value [1] $ 327,671,022 $ 303,195,681
Interest receivable 3,160,687 2,873,029
Cash 2,146,691 18,958,445
Deferred financing cost 1,302,263 1,474,527
Paydown receivable 843,732 844,269
Prepaid expenses 32,083 0
Total assets 335,156,478 327,345,951
LIABILITIES    
Credit facility payable 139,500,000 153,000,000
Redemptions payable 4,252,192 0
Credit facility interest payable 2,714,873 2,283,546
Management fees payable, net of fee waivers (Note 6) 1,183,382 1,049,992
Incentive fees payable, net of fee waivers (Note 6) 344,961 0
Professional fees payable 425,685 195,076
Other payables 300,521 187,230
Subscriptions received in advance 250,000 0
Legal fees payable 92,692 26,377
Reimbursement expense payable 80,606 35,877
Distributions payable 0 4,351,080
Total liabilities 149,144,912 161,129,178
Commitments and contingencies (Note 11)
NET ASSETS    
Common Stock, $0.01 par value, 100,000,000 shares authorized, 6,214,672 and 6,214,672 shares issued and outstanding, respectively 7,209 6,593
Contribution Receivable (110,891) (110,891)
Additional paid-in-capital 179,595,687 164,074,076
Accumulated undistributed (overdistributed) earnings 6,519,561 2,246,995
Total net assets $ 186,011,566 $ 166,216,773
Net asset value per share (in dollars per share) $ 25.8 $ 25.21
Non-controlled/Non-affiliated Investments [Member]    
Investments at fair value:    
Investments at fair value $ 326,372,710 $ 301,766,151
Controlled/Affiliate Investments [Member]    
Investments at fair value:    
Investments at fair value $ 1,298,312 $ 1,429,530
[1] Because there is no readily available market value for these investments, the fair value of each of these investments is determined in good faith using significant unobservable inputs by the Company’s board of directors (the “Board”) as required by the 1940 Act. See Note 4 “Fair Value Measurements” in the accompanying notes to the financial statements.