Quarterly report [Sections 13 or 15(d)]

RELATED PARTY TRANSACTIONS - Schedule of Related Party Transactions (Details)

v3.26.1
RELATED PARTY TRANSACTIONS - Schedule of Related Party Transactions (Details) - USD ($)
$ in Thousands
3 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Related Party Transactions [Abstract]    
Average total assets subject to base management fee $ 1,306,600 $ 1,016,000
Multiplied by prorated annual base management fee of 2.0% 0.50% 0.50%
Base management fee [1] $ 6,533 $ 5,080
Credits to fees from Adviser - other (1,130) (1,399)
Net base management fee 5,403 3,681
Loan servicing fee [1] 2,962 2,672
Credits to base management fee – loan servicing fee (2,962) (2,672)
Net loan servicing fee 0 0
Incentive fee – income-based 0 0
Incentive fee – capital gains-based (5,566) (209)
Total Incentive fee (5,566) (209)
Credits to fees from Adviser - other 0 0
Net total incentive fee [1] $ (5,566) $ (209)
Base management fee (as a percent) 2.00% 2.00%
[1] Refer to Note 4 — Related Party Transactions in the accompanying Notes to Consolidated Financial Statements for additional information.