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Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2023
Investment income from non-controlled / non-affiliated investments:    
Interest income $ 20,285 $ 24,730
Other income 664 796
Total investment income 20,949 25,526
Expenses:    
Interest and debt fee expense 7,273 8,402
Management fees 962 962
Income incentive fee 1,543 1,543
Professional fees 504 1,051
Board of Trustees fees 97 291
Administrative service expenses 225 310
Organizational costs 0 94
Other general & administrative 396 694
Amortization of deferred offering costs 486 486
Total expenses before fee waivers and expense support 11,486 13,833
Expense support (324) (324)
Management fees waiver (962) (962)
Income incentive fee waiver (1,543) (1,543)
Total expenses, net of fee waivers and expense support 8,657 11,004
Net investment income 12,292 14,522
Realized gain (loss):    
Non-controlled/non-affiliated investments 159 181
Foreign currency transactions (69) (69)
Foreign currency forward contracts 325 325
Net realized gain (loss) 415 437
Net change in unrealized appreciation (depreciation):    
Non-controlled/non-affiliated investments 7,251 7,960
Foreign currency forward contracts 132 141
Net change in unrealized appreciation (depreciation) 7,383 8,101
Net realized and unrealized gain (loss) 7,798 8,538
Net increase (decrease) in net assets resulting from operations $ 20,090 $ 23,060
Net investment income per common share, basic (in dollars per share) $ 1.02 $ 2.68
Net investment income per common share, diluted (in dollars per share) 1.02 2.68
Increase in net assets resulting from operations per common share (in dollars per share) $ 1.67 $ 4.25
Weighted average common shares outstanding, basic (in shares) 12,064,569 5,426,336
Weighted average common shares outstanding, diluted (in shares) 12,064,569 5,426,336