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
Mar. 31, 2024
Dec. 31, 2023
Mar. 31, 2023
Dec. 31, 2022
Investment Company, Net Assets [Roll Forward]        
NET ASSETS, beginning balance $ 417,928 $ 408,695 $ 324,326 $ 315,487
OPERATIONS        
Net investment income 10,777 11,934 9,632 8,725
Net realized gain (loss) on investments 219 259 403 9,319
Net realized gain (loss) on other 1,949 3 25 253
Net unrealized appreciation (depreciation) of investments 10,695 7,805 1,765 (12,599)
Net unrealized depreciation of other 0   161  
Preferred stock dividends (8)   0  
Net increase (decrease) in net assets resulting from operations 23,632 20,001 11,986 5,698
DISTRIBUTIONS        
Distributions to common stockholders from net investment income [1] (10,769) (10,768) (8,257) (7,398)
Net decrease in net assets from distributions (10,769) (10,768) (8,257) (7,398)
CAPITAL TRANSACTIONS        
Issuance of common stock 0 0 13,993 10,721
Discounts, commissions and offering costs for issuance of common stock 0 0 (237) (182)
Net increase (decrease) in net assets resulting from capital transactions 0 0 13,756 10,539
NET INCREASE (DECREASE) IN NET ASSETS 12,863 9,233 17,485 8,839
NET ASSETS, ending balance $ 430,791 $ 417,928 $ 341,811 $ 324,326
[1] Refer to Note 9 – Distributions to Common Stockholders in the accompanying Notes to Consolidated Financial Statements for additional information.