Quarterly report [Sections 13 or 15(d)]

INVESTMENTS - Schedule of Fair Value Measurement Inputs and Valuation Techniques (Details)

v3.25.2
INVESTMENTS - Schedule of Fair Value Measurement Inputs and Valuation Techniques (Details)
$ in Thousands
Jun. 30, 2025
USD ($)
Mar. 31, 2025
USD ($)
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Fair Value $ 1,036,745 $ 979,320 [1]
Investments at fair value 1,036,745 979,320
Secured First Lien Debt    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Investments at fair value 557,057 514,334
Secured Second Lien Debt    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Investments at fair value 93,340 103,580
Preferred Equity    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Investments at fair value 325,997 302,163
Common Equity/ Equivalents    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Investments at fair value 55,341 54,268
Significant Unobservable Inputs (Level 3)    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Fair Value 1,031,735 974,345
Investments at fair value 1,031,735 974,345
Significant Unobservable Inputs (Level 3) | Secured First Lien Debt    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Investments at fair value 557,057 514,334
Significant Unobservable Inputs (Level 3) | Secured Second Lien Debt    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Investments at fair value 93,340 103,580
Significant Unobservable Inputs (Level 3) | Preferred Equity    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Investments at fair value 325,997 302,163
Significant Unobservable Inputs (Level 3) | Common Equity/ Equivalents    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Investments at fair value 55,341 54,268
Significant Unobservable Inputs (Level 3) | Total Enterprise Value | Secured First Lien Debt    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Fair Value 557,057 514,334
Significant Unobservable Inputs (Level 3) | Total Enterprise Value | Secured Second Lien Debt    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Fair Value 93,340 90,956
Significant Unobservable Inputs (Level 3) | Total Enterprise Value | Preferred Equity    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Fair Value 325,997 302,163
Significant Unobservable Inputs (Level 3) | Total Enterprise Value | Common Equity/ Equivalents    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Fair Value $ 55,341 $ 54,268
Significant Unobservable Inputs (Level 3) | Total Enterprise Value | EBITDA multiple | Secured First Lien Debt | Minimum    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Fair value, measurement input 3.7 3.7
Significant Unobservable Inputs (Level 3) | Total Enterprise Value | EBITDA multiple | Secured First Lien Debt | Maximum    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Fair value, measurement input 8.0 7.9
Significant Unobservable Inputs (Level 3) | Total Enterprise Value | EBITDA multiple | Secured First Lien Debt | Weighted Average    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Fair value, measurement input 6.0 6.0
Significant Unobservable Inputs (Level 3) | Total Enterprise Value | EBITDA multiple | Secured Second Lien Debt | Minimum    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Fair value, measurement input 5.5 6.1
Significant Unobservable Inputs (Level 3) | Total Enterprise Value | EBITDA multiple | Secured Second Lien Debt | Maximum    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Fair value, measurement input 7.3 7.2
Significant Unobservable Inputs (Level 3) | Total Enterprise Value | EBITDA multiple | Secured Second Lien Debt | Weighted Average    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Fair value, measurement input 6.7 6.8
Significant Unobservable Inputs (Level 3) | Total Enterprise Value | EBITDA multiple | Preferred Equity | Minimum    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Fair value, measurement input 3.7 3.7
Significant Unobservable Inputs (Level 3) | Total Enterprise Value | EBITDA multiple | Preferred Equity | Maximum    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Fair value, measurement input 8.0 7.9
Significant Unobservable Inputs (Level 3) | Total Enterprise Value | EBITDA multiple | Preferred Equity | Weighted Average    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Fair value, measurement input 6.1 6.1
Significant Unobservable Inputs (Level 3) | Total Enterprise Value | EBITDA multiple | Common Equity/ Equivalents | Minimum    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Fair value, measurement input 5.5 5.5
Significant Unobservable Inputs (Level 3) | Total Enterprise Value | EBITDA multiple | Common Equity/ Equivalents | Maximum    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Fair value, measurement input 7.3 7.2
Significant Unobservable Inputs (Level 3) | Total Enterprise Value | EBITDA multiple | Common Equity/ Equivalents | Weighted Average    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Fair value, measurement input 6.9 6.8
Significant Unobservable Inputs (Level 3) | Total Enterprise Value | EBITDA | Secured First Lien Debt | Minimum    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Fair Value $ 408 $ 1,208
Significant Unobservable Inputs (Level 3) | Total Enterprise Value | EBITDA | Secured First Lien Debt | Maximum    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Fair Value 25,038 25,038
Significant Unobservable Inputs (Level 3) | Total Enterprise Value | EBITDA | Secured First Lien Debt | Weighted Average    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Fair Value 11,738 12,162
Significant Unobservable Inputs (Level 3) | Total Enterprise Value | EBITDA | Secured Second Lien Debt | Minimum    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Fair Value 5,350 3,637
Significant Unobservable Inputs (Level 3) | Total Enterprise Value | EBITDA | Secured Second Lien Debt | Maximum    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Fair Value 26,487 24,234
Significant Unobservable Inputs (Level 3) | Total Enterprise Value | EBITDA | Secured Second Lien Debt | Weighted Average    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Fair Value 18,346 16,900
Significant Unobservable Inputs (Level 3) | Total Enterprise Value | EBITDA | Preferred Equity | Minimum    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Fair Value 408 2,153
Significant Unobservable Inputs (Level 3) | Total Enterprise Value | EBITDA | Preferred Equity | Maximum    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Fair Value 25,038 25,038
Significant Unobservable Inputs (Level 3) | Total Enterprise Value | EBITDA | Preferred Equity | Weighted Average    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Fair Value 9,859 11,029
Significant Unobservable Inputs (Level 3) | Total Enterprise Value | EBITDA | Common Equity/ Equivalents | Minimum    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Fair Value 894 1,208
Significant Unobservable Inputs (Level 3) | Total Enterprise Value | EBITDA | Common Equity/ Equivalents | Maximum    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Fair Value 26,487 24,234
Significant Unobservable Inputs (Level 3) | Total Enterprise Value | EBITDA | Common Equity/ Equivalents | Weighted Average    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Fair Value $ 19,788 $ 18,562
Significant Unobservable Inputs (Level 3) | Total Enterprise Value | Revenue multiple | Secured First Lien Debt | Minimum    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Fair value, measurement input 0.3 0.3
Significant Unobservable Inputs (Level 3) | Total Enterprise Value | Revenue multiple | Secured First Lien Debt | Maximum    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Fair value, measurement input 0.6 0.6
Significant Unobservable Inputs (Level 3) | Total Enterprise Value | Revenue multiple | Secured First Lien Debt | Weighted Average    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Fair value, measurement input 0.4 0.4
Significant Unobservable Inputs (Level 3) | Total Enterprise Value | Revenue multiple | Preferred Equity | Minimum    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Fair value, measurement input 0.3 0.3
Significant Unobservable Inputs (Level 3) | Total Enterprise Value | Revenue multiple | Preferred Equity | Maximum    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Fair value, measurement input 0.6 0.6
Significant Unobservable Inputs (Level 3) | Total Enterprise Value | Revenue multiple | Preferred Equity | Weighted Average    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Fair value, measurement input 0.4 0.4
Significant Unobservable Inputs (Level 3) | Total Enterprise Value | Revenue | Secured First Lien Debt | Minimum    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Fair Value $ 21,248 $ 6,690
Significant Unobservable Inputs (Level 3) | Total Enterprise Value | Revenue | Secured First Lien Debt | Maximum    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Fair Value 94,874 102,791
Significant Unobservable Inputs (Level 3) | Total Enterprise Value | Revenue | Secured First Lien Debt | Weighted Average    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Fair Value 75,263 72,303
Significant Unobservable Inputs (Level 3) | Total Enterprise Value | Revenue | Preferred Equity | Minimum    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Fair Value 21,248 6,690
Significant Unobservable Inputs (Level 3) | Total Enterprise Value | Revenue | Preferred Equity | Maximum    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Fair Value 94,874 102,791
Significant Unobservable Inputs (Level 3) | Total Enterprise Value | Revenue | Preferred Equity | Weighted Average    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Fair Value 72,647 53,604
Significant Unobservable Inputs (Level 3) | Yield Analysis | Secured Second Lien Debt    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Fair Value $ 0 $ 12,624
Significant Unobservable Inputs (Level 3) | Yield Analysis | Discount Rate | Secured Second Lien Debt | Minimum    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Fair value, measurement input   0.207
Significant Unobservable Inputs (Level 3) | Yield Analysis | Discount Rate | Secured Second Lien Debt | Maximum    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Fair value, measurement input   0.207
Significant Unobservable Inputs (Level 3) | Yield Analysis | Discount Rate | Secured Second Lien Debt | Weighted Average    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Fair value, measurement input   0.207
[1] Cumulative gross unrealized appreciation for federal income tax purposes is $183.3 million; cumulative gross unrealized depreciation for federal income tax purposes is $144.9 million. Cumulative net unrealized appreciation is $38.5 million, based on a tax cost of $940.9 million.