Quarterly report [Sections 13 or 15(d)]

CONSOLIDATED STATEMENTS OF CHANGES IN NET ASSETS

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CONSOLIDATED STATEMENTS OF CHANGES IN NET ASSETS - USD ($)
$ in Thousands
 3 Months Ended
Jun. 30, 2025
Mar. 31, 2025
Dec. 31, 2024
Jun. 30, 2024
Mar. 31, 2024
Dec. 31, 2023
Investment Company, Net Assets [Roll Forward]            
Net Assets, beginning balance $ 478,059 $ 480,316 $ 470,895 $ 430,791 $ 417,928 $ 408,695
OPERATIONS            
Net investment income 11,294 11,245 11,224 12,393 10,777 11,934
Net realized gain (loss) on investments (3,708) 7,702 57,724 1,417 219 259
Net realized gain (loss) on other 88 4 90 1,898 1,949 3
Net unrealized appreciation (depreciation) of investments (34) (9,914) (41,892) 3,436 10,695 7,805
Net unrealized appreciation of other 49 (49)   0 0  
Preferred stock dividends (241) (191) (171) (88) (8) 0
Net increase (decrease) in net assets resulting from operations 7,448 8,797 26,975 19,056 23,632 20,001
DISTRIBUTIONS            
Distributions to common stockholders from net investment income [1] (11,053) (11,054) [2] (11,053) [2] (10,769) (10,769) [2] (10,768) [2]
Distributions to common stockholders from realized gains [1],[2]     (8,932)     0
Net decrease in net assets from distributions (11,053) (11,054) (19,985) (10,769) (10,769) (10,768)
CAPITAL TRANSACTIONS            
Issuance of common stock 0 0 2,471 0 0 0
Discounts, commissions and offering costs for issuance of common stock 0 0 (40) 0 0 0
Net increase (decrease) in net assets resulting from capital transactions 0 0 2,431 0 0 0
NET INCREASE (DECREASE) IN NET ASSETS (3,605) (2,257) 9,421 8,287 12,863 9,233
Net Assets, ending balance $ 474,454 $ 478,059 $ 480,316 $ 439,078 $ 430,791 $ 417,928
[1] Refer to Note 9 – Distributions to Common Stockholders in the accompanying Notes to Consolidated Financial Statements for additional information.
[2] Per share amounts have been adjusted on a retroactive basis to reflect the Reverse Stock Split effected on April 4, 2024. Refer to Note 2—Summary of Significant Accounting Policies in the accompanying Notes to Consolidated Financial Statements for additional information.