Quarterly report pursuant to Section 13 or 15(d)

FINANCIAL HIGHLIGHTS (Details)

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FINANCIAL HIGHLIGHTS (Details) - USD ($)
$ / shares in Units, $ in Thousands
 3 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Sep. 30, 2024
Investment Company, Financial Highlights [Roll Forward]      
Net asset value at beginning of period (in USD per share) $ 21.18 $ 18.78  
Income from operations      
Net investment income (in USD per share) 0.50 0.55  
Net realized and unrealized gain (loss) on investments (in USD per share) 0.71 0.36  
Net realized and unrealized gain (loss) on other (in USD per share) 0 0  
Total from operations (in USD per share) 1.21 0.91  
Distributions to common stockholders from      
Net investment income (in USD per share) [1],[2] (0.50) (0.49)  
Realized gains (in USD per share) [1] (0.40) 0  
Total distributions (in dollar per share) (0.90) (0.49)  
Anti-dilutive effect of common stock issuance (in USD per share) 0.02 0  
Total capital share transactions (in USD per share) 0.02 0  
Other, net (in USD per share) 0 0.02  
Net asset value at end of period (in USD per share) 21.51 19.22  
Per common share market value at beginning of period (in USD per share) 24.05 19.28  
Per common share market value at end of period (in USD per share) $ 28.44 $ 21.40  
Total return 22.22% 13.74%  
Common stock outstanding at end of period (in shares) 22,329,852 21,754,449 22,230,587
Statement of Assets and Liabilities Data:      
Net assets at end of period $ 480,316 $ 417,928 $ 470,895
Average net assets 479,320 412,965  
Senior Securities Data:      
Borrowings under line of credit, at cost 61,500 85,000  
Preferred Stock 11,258 0  
Notes Payable $ 257,000 $ 257,000  
Ratios/Supplemental Data:      
Ratio of net expenses to average net assets – annualized 8.96% 10.93%  
Ratio of net investment income to average net assets – annualized 9.37% 11.56%  
Ratio of expenses to average net assets - annualized 12.77% 14.57%  
Ratio of net investment income (loss) to average net assets – annualized 5.61% 7.99%  
[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.