Quarterly report pursuant to Section 13 or 15(d)

FINANCIAL HIGHLIGHTS (Details)

v3.24.0.1
FINANCIAL HIGHLIGHTS (Details) - USD ($)
$ / shares in Units, $ in Thousands
 3 Months Ended 9 Months Ended
Dec. 31, 2023
Sep. 30, 2023
Jun. 30, 2023
Dec. 31, 2022
Sep. 30, 2022
Jun. 30, 2022
Dec. 31, 2023
Dec. 31, 2022
Mar. 31, 2023
Investment Company, Financial Highlights [Roll Forward]                  
Net asset value at beginning of period (in USD per share) $ 14.03   $ 13.09 $ 13.31   $ 13.43 $ 13.09 $ 13.43  
Income from investment operations                  
Net investment income (in USD per share) 0.28     0.26     0.49 0.82  
Net realized gain (in USD per share) 1.27     0.11     1.32 0.32  
Net unrealized (depreciation) appreciation (in USD per share) (1.36)     0.10     0.04 (0.21)  
Total from investment operations (in USD per share) 0.19     0.47     1.85 0.93  
Effect of equity capital activity                  
Cash distributions to common stockholders from net investment income (in USD per share) (0.43) [1] $ (0.20) [1] (0.21) [1] (0.22) [1] $ (0.14) [1] (0.10) [1] (0.84) (0.46)  
Cash distributions to common stockholders from net realized gains (in USD per share) (0.81) [1] (0.16) [1] (0.15) [1] (0.14) [1] (0.08) [1] (0.25) [1] (1.12) (0.47)  
Discounts, commissions and offering costs (in USD per share) (0.01)     0     (0.01) 0  
Net accretive effective of equity offering (in USD per share) 0.05     0.01     0.05 0.01  
Total from equity capital activity (in USD per share) (1.20)     (0.35)     (1.92) (0.92)  
Other, net (in USD per share) (0.01)     0     (0.01) (0.01)  
Net asset value at end of period (in USD per share) 13.01 14.03   13.43 13.31   13.01 13.43  
Per common share market value at beginning of period (in USD per share) 12.74   $ 13.25 12.10   $ 16.13 13.25 16.13  
Per common share market value at end of period (in USD per share) $ 14.15 $ 12.74   $ 12.91 $ 12.10   $ 14.15 $ 12.91  
Total investment return 20.85%     9.63%     22.72% (14.36%)  
Common stock outstanding at end of period (in shares) 35,351,954     33,447,001     35,351,954 33,447,001 33,591,505
Statement of Assets and Liabilities Data:                  
Net assets at end of period $ 459,941     $ 449,191     $ 459,941 $ 449,191  
Average net assets 475,007     445,431     455,627 446,742  
Senior Securities Data:                  
Total borrowings, at cost $ 419,838     $ 292,088     $ 419,838 $ 292,088  
Ratios/Supplemental Data:                  
Ratio of net expenses to average net assets – annualized 11.23%     11.70%     13.78% 10.22%  
Ratio of net investment (loss) income to average net assets – annualized 8.21%     7.70%     4.80% 8.14%  
Ratio of expenses to average net assets - annualized 14.70%     14.24%     17.27% 12.87%  
Ratio of net investment income (loss) to average net assets – annualized 4.73%     5.15%     1.32% 5.50%  
[1] Refer to Note 8 — Distributions to Common Stockholders in the accompanying Notes to Consolidated Financial Statements for additional information.