Quarterly report pursuant to Section 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, 2023
Mar. 31, 2023
Dec. 31, 2022
Jun. 30, 2022
Mar. 31, 2022
Dec. 31, 2021
Investment Company, Net Assets [Roll Forward]            
NET ASSETS, beginning balance $ 341,811 $ 324,326 $ 315,487 $ 325,467 $ 323,853 $ 318,439
OPERATIONS            
Net investment income 11,676 9,632 8,725 6,947 8,695 9,160
Net realized gain (loss) on investments 2,911 403 9,319 (8,496) 0 13,880
Net realized gain (loss) on other 44 25 253 347 233 (700)
Net unrealized appreciation (depreciation) of investments (2,586) 1,765 (12,599) (4,397) (625) (10,237)
Net unrealized depreciation and appreciation of other (161) 161   0 0  
Net increase (decrease) in net assets resulting from operations 11,884 11,986 5,698 (5,599) 8,303 12,103
DISTRIBUTIONS            
Distributions to common stockholders from net investment income [1] (9,082) (8,257) (7,398) (5,173) (6,689) (6,689)
Distributions to common stockholders from return of capital [1] 0     (1,774)    
Net decrease in net assets from distributions (9,082) (8,257) (7,398) (6,947) (6,689) (6,689)
CAPITAL TRANSACTIONS            
Issuance of common stock 13,565 13,993 10,721 0 0 0
Discounts, commissions and offering costs for issuance of common stock (232) (237) (182) 0 0 0
Net increase (decrease) in net assets resulting from capital transactions 13,333 13,756 10,539 0 0 0
NET INCREASE (DECREASE) IN NET ASSETS 16,135 17,485 8,839 (12,546) 1,614 5,414
NET ASSETS, ending balance $ 357,946 $ 341,811 $ 324,326 $ 312,921 $ 325,467 $ 323,853
[1] Refer to Note 9 – Distributions to Common Stockholders in the accompanying Notes to Consolidated Financial Statements for additional information.