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
Mar. 31, 2026
Dec. 31, 2025
Mar. 31, 2025
Dec. 31, 2024
Investment Company, Net Assets [Roll Forward]        
Net Assets, beginning balance $ 477,322 $ 482,035 $ 480,316 $ 470,895
OPERATIONS        
Net investment income 11,838 11,264 11,245 11,224
Net realized gain (loss) on investments (213) 1,711 7,702 57,724
Net realized gain (loss) on other (357) (1,415) 4 90
Net unrealized appreciation (depreciation) of investments 4,779 (5,638) (9,914) (41,892)
Net unrealized (appreciation) depreciation of line of credit 0   (49)  
Preferred stock dividends (588) (468) (191) (171)
Net increase (decrease) in net assets resulting from operations 15,459 5,454 8,797 26,975
DISTRIBUTIONS        
Distributions to common stockholders from net investment income [1] (10,167) (9,450) (11,054) (11,053)
Distributions to common stockholders from realized gains [1] 0 (717) 0 (8,932)
Net decrease in net assets from distributions (10,167) (10,167) (11,054) (19,985)
CAPITAL TRANSACTIONS        
Issuance of common stock   0   2,471
Discounts, commissions and offering costs for issuance of common stock   0   (40)
Net increase (decrease) in net assets resulting from capital transactions   0   2,431
NET INCREASE (DECREASE) IN NET ASSETS 5,292 (4,713) (2,257) 9,421
Net Assets, ending balance $ 482,614 $ 477,322 $ 478,059 $ 480,316
[1] Refer to Note 9 – Distributions to Common Stockholders in the accompanying Notes to Consolidated Financial Statements for additional information.