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Unaudited Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Investment income:    
Total interest income $ 30,186 $ 27,320
Total dividend income 3,950 3,479
Total fee and other income 1,596 1,686
Total payment-in-kind interest income 1,493 1,743
Interest income from cash 13 11
Total investment income 37,238 34,239
Operating expenses:    
Interest and other financing fees 13,540 11,293
Base management fee (Note 2) 519 486
Incentive management fees (Note 2) 3,199 2,699
Other general and administrative expenses (Note 2) 817 866
Total operating expenses 18,075 15,344
Net investment income before taxes 19,163 18,895
Income taxes, including excise tax expense 150 24
Net investment income after taxes 19,013 18,871
Net realized gains (losses):    
Net realized gains (losses) on investments (3,867) (224)
Foreign currency transactions (92) 467
Forward currency contracts (6,541) (10,175)
Net realized gains (losses) (10,500) (9,932)
Net unrealized appreciation (depreciation):    
Net unrealized appreciation (depreciation) on investments 6,224 9,577
Foreign currency transactions 1,661 (2,634)
Forward currency contracts 11,641 9,611
Net unrealized appreciation (depreciation) 19,526 16,554
Net realized gains (losses) and unrealized appreciation (depreciation) on investments, foreign currency transactions and forward currency contracts 9,026 6,622
Net increase in net assets resulting from operations $ 28,039 $ 25,493
Net investment income per share—basic (in dollars per share) $ 0.65 $ 0.68
Net investment income per share— diluted (in dollars per share) 0.65 0.68
Net increase in net assets resulting from operations per share—basic and diluted (in dollars per share) 0.96 0.92
Dividends/distributions per share:    
Total dividends/distributions, declared (in dollars per share) 0.64 0.60
Total dividends/distributions, paid (in dollars per share) $ 0.64 $ 0.60
Weighted average shares outstanding—basic (in shares) 29,350,073 27,856,974
Weighted average shares outstanding—diluted (in shares) 29,350,073 27,856,974
Non-Control / Non-Affiliate investments    
Investment income:    
Total interest income $ 29,846 $ 27,207
Total dividend income 800 562
Total fee and other income 1,574 1,676
Total payment-in-kind interest income 1,402 1,743
Net realized gains (losses):    
Net realized gains (losses) on investments (3,867) (224)
Net unrealized appreciation (depreciation):    
Net unrealized appreciation (depreciation) on investments 5,754 6,125
Affiliate investments    
Investment income:    
Total interest income 340 113
Total dividend income 3,150 2,917
Total fee and other income 22 10
Total payment-in-kind interest income 91 0
Net unrealized appreciation (depreciation):    
Net unrealized appreciation (depreciation) on investments $ 470 $ 3,452