XML 48 R42.htm IDEA: XBRL DOCUMENT v3.24.2.u1
Financial Highlights - Schedule of Financial Highlights (Details) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
May 01, 2024
Mar. 31, 2024
Dec. 31, 2023
Apr. 25, 2023
Mar. 31, 2023
Dec. 31, 2022
Investment Company [Abstract]                    
Per share NAV at beginning of period     $ 10.06 $ 10.03            
Net investment income [1]     0.52 0.51            
Net realized and unrealized gain (loss) [1]     (0.25) (0.04)            
Total from investment operations [1]     0.27 0.47            
Dividends to common shareholders $ (0.23) $ (0.27) (0.23) (0.27) $ (0.23)     $ (0.27)    
Per share NAV at end of period [1] $ 10.1 $ 10.23 $ 10.1 $ 10.23            
Total return based on net asset value [2]     2.70% 4.70%            
Balance (Shares) 27,081,900 20,837,830 27,081,900 20,837,830            
Net investment income [3]     $ 10.8 $ 11            
Expenses before incentive fee [3],[4]     2.30% 3.30%            
Expenses and incentive fee [3],[5]     3.10% 4.70%            
Ending net asset value $ 273,458,587 $ 213,137,545 $ 273,458,587 $ 213,137,545   $ 243,134,626 $ 239,013,935   $ 199,851,537 $ 175,109,476
Portfolio turnover rate     4.50% 3.10%            
Weighted-average debt outstanding     $ 20,423,187 $ 41,366,906            
Weighted-average interest rate on debt 7.80% 7.00% 7.80% 7.00%            
Weighted-average number of shares of common stock 24,374,972 19,660,924 24,064,041 18,577,106            
Weighted-average debt per share     $ 0.85 $ 2.23            
[1] Per share changes in net asset value are computed based on the actual number of shares outstanding during the time such activity occurred.
[2] Not annualized for periods less than one year. Total return based on net asset value equals the change in net asset value per share during the period plus declared dividends per share during the period, divided by the beginning net asset value per share at the beginning of the period.
[3] Annualized for periods less than one year except for incentive fees and other certain non-recurring expenses.
[4] Includes interest and other debt costs.
[5] Includes incentive fees and all Company expenses including interest and other debt costs.