Quarterly report [Sections 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, 2025
Dec. 31, 2024
Jun. 30, 2024
Dec. 31, 2023
Investment Company, Net Assets [Roll Forward]        
NET ASSETS, MARCH 31 $ 499,084   $ 492,711  
OPERATIONS        
Net investment income 9,088   12,414  
Net realized gain on investments 0   2  
Net unrealized depreciation of investments (1,047)   (18,942)  
Net unrealized appreciation of other   $ (269)   $ 0
Net increase (decrease) in net assets from operations 7,772   (6,526)  
DISTRIBUTIONS        
Distributions to common stockholders from net investment income ($0.27 and $0.24 per share, respectively) [1] (10,125)   (8,805)  
Distributions to common stockholders from net realized gains ($0.51 and $0.00 per share, respectively) [1] (18,663)   0  
Net decrease in net assets from distributions [1] (28,788)   (8,805)  
CAPITAL ACTIVITY        
Issuance of common stock 7,331   0  
Discounts, commissions, and offering costs for issuance of common stock (95)   0  
Net increase in net assets from capital activity 7,236   0  
NET DECREASE IN NET ASSETS (13,780)   (15,331)  
NET ASSETS, JUNE 30 $ 485,304   $ 477,380  
[1] Refer to Note 8 — Distributions to Common Stockholders in the accompanying Notes to Consolidated Financial Statements for additional information.