XML 44 R23.htm IDEA: XBRL DOCUMENT v3.25.0.1
Senior Securities Asset Coverage
12 Months Ended
Dec. 31, 2024
Line of Credit Facility [Abstract]  
Senior Securities Asset Coverage

Note 11. Senior Securities Asset Coverage

Information about the Company's senior securities is shown in the table below for the year ended December 31, 2024, 2023 and 2022:

 

Class and Year

 

Total Amount Outstanding(1)

 

 

Asset Coverage Per Unit(2)

 

 

Involuntary Liquidating Preference Per Unit(3)

 

 

Average Market Value Per Unit(4)

Credit Facility

 

 

 

 

 

 

 

 

 

 

 

December 31, 2024

 

 

249,000,000

 

 

 

2,054

 

 

 

 

 

N/A

December 31, 2023

 

 

263,000,000

 

 

 

2,037

 

 

 

 

 

N/A

December 31, 2022

 

 

211,000,000

 

 

 

2,450

 

 

 

 

 

N/A

(1)
Total amount of each class of senior securities outstanding at the end of the year presented.
(2)
Asset coverage per unit is the ratio of the carrying value of the Company’s consolidated total assets, less all liabilities excluding indebtedness represented by senior securities in this table, to the aggregate amount of senior securities representing indebtedness. Asset coverage per unit is expressed in terms of dollar amounts per $1,000 of indebtedness and is calculated on a consolidated basis.
(3)
The amount to which such class of senior security would be entitled upon the Company’s involuntary liquidation in preference to any security junior to it. The “—” in this column indicates information that the SEC expressly does not require to be disclosed for certain types of senior securities.
(4)
Not applicable because the senior securities are not registered for public trading.