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Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2022
Sep. 30, 2023
Expenses        
Interest $ 20,411 $ 400 $ 400 $ 45,656
Management fees 7,115 407 407 16,632
Incentive fees on net investment income 5,105     12,106
Incentive fees on net capital gains 3,681 47 47 5,152
Organizational expense   482 1,418 49
Offering expense 314 35 36 597
Professional fees 715 272 275 2,017
Trustees' fees 294 116 116 587
Other general and administrative 1,276 295 298 2,882
Total expenses 38,911 2,054 2,997 85,678
Management fees waived (Note 3) (4,885) (381) (381) (11,044)
Net Expenses 34,026 1,673 2,616 74,634
Net Investment Income Before Income Taxes 32,456 (707) (1,650) 80,657
Income taxes, including excise taxes 400     1,064
Net Investment Income 32,056 (707) (1,650) 79,593
Net change in unrealized gains (losses):        
Non-controlled, non-affiliated investments     259 40,669
Translation of other assets and liabilities in foreign currencies 3,921 173 173 2,758
Total net change in unrealized gains (losses) 29,957 432 432 43,427
Realized gains (losses):        
Foreign currency transactions (510) (56) (56) (467)
Total net realized gains (losses) (510) (56) (56) (467)
Total Net Unrealized and Realized Gains (Losses) 29,447 376 376 42,960
Increase (Decrease) in Net Assets Resulting from Operations $ 61,503 $ (331) $ (1,274) $ 122,553
Earnings per common share-basic $ 1.74 $ (0.12) $ (0.47) $ 4.07
Weighted average shares of common shares outstanding-basic 35,303,072 2,698,595 2,698,595 [1] 30,109,493
Earnings per common share-diluted $ 1.74 $ (0.12) $ (0.47) $ 4.07
Weighted average shares of common shares outstanding-diluted 35,303,072 2,698,595 2,698,595 [1] 30,109,493
Non-controlled, Non-affiliated Investments        
Income        
Interest from investments $ 60,668 $ 965 $ 965 $ 140,504
Paid-in-kind interest income 5,038     8,802
Other income 776 1 1 5,985
Total Investment Income 66,482 966 966 155,291
Net change in unrealized gains (losses):        
Non-controlled, non-affiliated investments $ 26,036 $ 259 $ 259 $ 40,669
[1] Weighted average shares of Common Shares outstanding are calculated from the Commencement of Operations through
September 30, 2022.