Quarterly report pursuant to Section 13 or 15(d)

CONSOLIDATED STATEMENTS OF ASSETS AND LIABILITIES

v3.23.1
CONSOLIDATED STATEMENTS OF ASSETS AND LIABILITIES - USD ($)
$ in Thousands
Mar. 31, 2023
Sep. 30, 2022
ASSETS    
Investments, at fair value $ 678,759 $ 649,615
Cash and cash equivalents 8,923 2,011
Restricted cash and cash equivalents 126 96
Interest receivable, net 3,042 2,737
Due from administrative agent 5,686 3,199
Deferred financing costs, net 487 836
Other assets, net 2,747 2,474
TOTAL ASSETS 699,770 660,968
LIABILITIES    
Line of credit at fair value (Cost of $152,600 and $141,800, respectively) 152,439 141,800
Notes payable, net of unamortized deferred financing costs of $2,186 and $2,393, respectively 197,814 197,607
Accounts payable and accrued expenses 619 500
Interest payable 2,779 2,517
Fees due to related party 3,762 2,527
Other liabilities 546 530
TOTAL LIABILITIES 357,959 345,481
Commitments and contingencies [1]
NET ASSETS    
Common stock, $0.001 par value per share, 44,560,000 and 44,560,000 shares authorized, respectively, and 37,185,569 and 34,734,796 shares issued and outstanding, respectively 37 35
Capital in excess of par value 419,834 395,542
Cumulative net unrealized appreciation (depreciation) of investments (17,272) (6,438)
Cumulative net unrealized appreciation (depreciation) of other 161 0
Under (over) distributed net investment income 2,474 (500)
Accumulated net realized losses (63,423) (73,152)
Total distributable loss (78,060) (80,090)
TOTAL NET ASSETS $ 341,811 $ 315,487
NET ASSET VALUE PER COMMON SHARE (in USD per share) $ 9.19 $ 9.08
Adviser    
LIABILITIES    
Fees due to related party [2] $ 3,157 $ 2,104
Administrator    
LIABILITIES    
Fees due to related party [2] 605 423
Non-Control/Non-Affiliate investments    
ASSETS    
Investments, at fair value 601,415 [3] 574,811 [4]
Affiliate investments    
ASSETS    
Investments, at fair value 42,110 39,091
Control investments    
ASSETS    
Investments, at fair value $ 35,234 [5] $ 35,713 [6]
[1] Refer to Note 9—Commitments and Contingencies in the accompanying Notes to Consolidated Financial Statements for additional information.
[2] Refer to Note 4—Related Party Transactions in the accompanying Notes to Consolidated Financial Statements for additional information.
[3] Non-Control/Non-Affiliate investments, as defined by the 1940 Act, are those that are neither Control nor Affiliate investments and in which we own less than 5.0% of the issued and outstanding voting securities.
[4] Non-Control/Non-Affiliate investments, as defined by the 1940 Act, are those that are neither Control nor Affiliate investments and in which we own less than 5.0% of the issued and outstanding voting securities.
[5] Control investments, as defined by the 1940 Act, are those where we have the power to exercise a controlling influence over the management or policies of the portfolio company, which may include owning, with the power to vote, more than 25.0% of the issued and outstanding voting securities.
[6] Control investments, as defined by the 1940 Act, are those where we have the power to exercise a controlling influence over the management or policies of the portfolio company, which may include owning, with the power to vote, more than 25.0% of the issued and outstanding voting securities.