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Consolidated Statement of Operations - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Investment income    
Interest income $ 27,919 $ 19,900
Interest income - PIK 497 583
Other income 1,383 1,226
Total investment income 29,799 21,709
Expenses    
Interest expense 9,690 7,480
Management fee 2,182 1,370
Professional fees 493 571
Administration and custody fees 126 86
Directors’ fees 18 18
Other expenses 74 62
Total expenses 12,583 9,587
Less: Fees waived by the Adviser (2,182) (1,370)
Net expenses 10,401 8,217
Net investment income 19,398 13,492
Realized and unrealized gains (losses)    
Net realized gains (losses) on investments and foreign currencies 337 268
Net change in unrealized appreciation (depreciation) on investments and foreign currencies (16,297) 1,718
Benefit (provision) for income taxes 190 0
Net realized and unrealized gains (losses) (15,770) 1,986
Net increase (decrease) in net assets resulting from operations $ 3,628 $ 15,478