CONSOLIDATED STATEMENTS OF ASSETS AND LIABILITIES - USD ($) $ in Thousands |
Jun. 30, 2025 |
Sep. 30, 2024 |
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ASSETS | ||||||||||||||||||||||
Investments, at fair value | $ 751,260 | $ 796,260 | [1] | |||||||||||||||||||
Cash and cash equivalents | 15,169 | 2,172 | ||||||||||||||||||||
Restricted cash and cash equivalents | 135 | 132 | ||||||||||||||||||||
Interest receivable, net | 6,048 | 5,923 | ||||||||||||||||||||
Due from administrative agent | 1,846 | 2,802 | ||||||||||||||||||||
Deferred financing costs, net | 2,198 | 1,053 | ||||||||||||||||||||
Other assets, net | 3,542 | 4,126 | ||||||||||||||||||||
TOTAL ASSETS | 780,198 | 812,468 | ||||||||||||||||||||
LIABILITIES | ||||||||||||||||||||||
Line of credit at fair value (Cost of $27,500 and $70,600, respectively) | 27,500 | 70,600 | ||||||||||||||||||||
Notes payable, net of unamortized deferred financing costs of $2,248 and $2,990, respectively | 254,752 | 254,010 | ||||||||||||||||||||
Accounts payable and accrued expenses | 824 | 1,230 | ||||||||||||||||||||
Interest payable | 4,126 | 2,916 | ||||||||||||||||||||
Other liabilities | 539 | 513 | ||||||||||||||||||||
TOTAL LIABILITIES | 291,227 | 333,727 | ||||||||||||||||||||
Commitments and contingencies | [2] | |||||||||||||||||||||
Preferred stock, $0.001 par value per share, 6,000,000 and 6,000,000 shares authorized, respectively, and 647,820 and 349,931 shares issued and outstanding, respectively | 14,517 | 7,846 | ||||||||||||||||||||
NET ASSETS | ||||||||||||||||||||||
Common stock, $0.001 par value per share, 44,000,000 and 44,000,000 shares authorized, respectively, and 22,329,852 and 22,230,587 shares issued and outstanding, respectively | 44 | 44 | ||||||||||||||||||||
Capital in excess of par value | 494,631 | 492,305 | ||||||||||||||||||||
Cumulative net unrealized appreciation (depreciation) of investments | (26,591) | 25,249 | ||||||||||||||||||||
Under distributed net investment income | 5,197 | 6,144 | ||||||||||||||||||||
Accumulated net realized gains (losses) | 1,173 | (52,847) | ||||||||||||||||||||
Total distributable loss | (20,221) | (21,454) | ||||||||||||||||||||
TOTAL NET ASSETS | 474,454 | 470,895 | ||||||||||||||||||||
TOTAL NET ASSETS | $ 474,454 | $ 470,895 | ||||||||||||||||||||
NET ASSET VALUE PER SHARE (in USD per share) | $ 21.25 | $ 21.18 | ||||||||||||||||||||
Related Party | ||||||||||||||||||||||
LIABILITIES | ||||||||||||||||||||||
Fees due to related party | $ 3,486 | $ 4,458 | ||||||||||||||||||||
Total fees due to Adviser | Related Party | ||||||||||||||||||||||
LIABILITIES | ||||||||||||||||||||||
Fees due to related party | [3] | 2,479 | 3,889 | |||||||||||||||||||
Fee due to Administrator | Related Party | ||||||||||||||||||||||
LIABILITIES | ||||||||||||||||||||||
Fees due to related party | [3] | 1,007 | 569 | |||||||||||||||||||
Non-Control/Non-Affiliate investments | ||||||||||||||||||||||
ASSETS | ||||||||||||||||||||||
Investments, at fair value | 639,003 | [4] | 750,904 | [5] | ||||||||||||||||||
Affiliate investments | ||||||||||||||||||||||
ASSETS | ||||||||||||||||||||||
Investments, at fair value | 16,594 | [6] | 7,438 | [7] | ||||||||||||||||||
Control investments | ||||||||||||||||||||||
ASSETS | ||||||||||||||||||||||
Investments, at fair value | $ 95,663 | [8] | $ 37,918 | [9] | ||||||||||||||||||
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- Definition Due From Administrative Agent No definition available.
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- Definition Investment Company, Accumulated Net Realized Gain In Excess Of Distributions No definition available.
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- Definition Sum of the carrying values as of the balance sheet date of obligations incurred through that date, including liabilities incurred and payable to vendors for goods and services received, taxes, interest, rent and utilities, compensation costs, payroll taxes and fringe benefits (other than pension and postretirement obligations), contractual rights and obligations, and statutory obligations. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of obligations incurred and payable classified as other. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of excess of issue price over par or stated value of stock and from other transaction involving stock or stockholder. Includes, but is not limited to, additional paid-in capital (APIC) for common and preferred stock. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount of asset recognized for present right to economic benefit. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- References No definition available.
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- Definition Amount of net assets (liabilities). Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of cash and cash equivalent. Cash includes, but is not limited to, currency on hand, demand deposit with financial institution, and account with general characteristic of demand deposit. Cash equivalent includes, but is not limited to, short-term, highly liquid investment that is both readily convertible to known amount of cash and so near maturity that it presents insignificant risk of change in value because of change in interest rate. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Represents the caption on the face of the balance sheet to indicate that the entity has entered into (1) purchase or supply arrangements that will require expending a portion of its resources to meet the terms thereof, and (2) is exposed to potential losses or, less frequently, gains, arising from (a) possible claims against a company's resources due to future performance under contract terms, and (b) possible losses or likely gains from uncertainties that will ultimately be resolved when one or more future events that are deemed likely to occur do occur or fail to occur. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Aggregate par or stated value of issued nonredeemable common stock (or common stock redeemable solely at the option of the issuer). This item includes treasury stock repurchased by the entity. Note: elements for number of nonredeemable common shares, par value and other disclosure concepts are in another section within stockholders' equity. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount, after accumulated amortization, of debt issuance costs. Includes, but is not limited to, legal, accounting, underwriting, printing, and registration costs. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Amount of interest payable on debt, including, but not limited to, trade payables. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Carrying amount as of the balance sheet date of interest earned but not received. Also called accrued interest or accrued interest receivable. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Amount of accumulated undistributed earnings (deficit) from unrealized appreciation (depreciation) of investment company. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of accumulated undistributed earnings (deficit) from ordinary income (loss) of investment company. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Fair value of investment in security owned. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of liability recognized for present obligation requiring transfer or otherwise providing economic benefit to others. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- References No definition available.
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- Definition Fair value portion of contractual arrangement with a lender under which borrowings can be made up to a specific amount at any point in time. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Net asset value per share or per unit of investments in certain entities that calculate net asset value per share. Includes, but is not limited to, by unit, membership interest, or other ownership interest. Investment includes, but is not limited to, investment in certain hedge funds, venture capital funds, private equity funds, real estate partnerships or funds. Excludes fair value disclosure. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Including the current and noncurrent portions, aggregate carrying amount of all types of notes payable, as of the balance sheet date, with initial maturities beyond one year or beyond the normal operating cycle, if longer. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of assets classified as other. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount of liabilities classified as other. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of cash and cash equivalent restricted as to withdrawal or usage. Cash includes, but is not limited to, currency on hand, demand deposit with financial institution, and account with general characteristic of demand deposit. Cash equivalent includes, but is not limited to, short-term, highly liquid investment that is both readily convertible to known amount of cash and so near maturity that it presents insignificant risk of change in value because of change in interest rate. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of accumulated undistributed earnings (deficit). Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of equity (deficit) attributable to parent. Excludes temporary equity and equity attributable to noncontrolling interest. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- References No definition available.
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- Definition Carrying amount, attributable to parent, of an entity's issued and outstanding stock which is not included within permanent equity. Temporary equity is a security with redemption features that are outside the control of the issuer, is not classified as an asset or liability in conformity with GAAP, and is not mandatorily redeemable. Includes any type of security that is redeemable at a fixed or determinable price or on a fixed or determinable date or dates, is redeemable at the option of the holder, or has conditions for redemption which are not solely within the control of the issuer. Includes stock with a put option held by an ESOP and stock redeemable by a holder only in the event of a change in control of the issuer. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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