Annual report [Section 13 and 15(d), not S-K Item 405]

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

v3.26.1
RELATED PARTY TRANSACTIONS - Schedule of Related Party Transactions (Details) - USD ($)
$ in Thousands
12 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Mar. 31, 2024
Related Party Transactions [Abstract]      
Average total assets subject to base management fee $ 1,141,200 $ 955,250 $ 875,000
Multiplied by annual base management fee of 2.0% 2.00% 2.00% 2.00%
Base management fee [1] $ 22,824 $ 19,105 $ 17,500
Credits to fees from Adviser - other (5,433) (5,109) (5,596)
Net base management fee 17,391 13,996 11,904
Loan servicing fee [1] 11,821 9,636 9,118
Credits to base management fee – loan servicing fee (11,821) (9,636) (9,118)
Net loan servicing fee 0 0 0
Incentive fee – income-based 310 4,820 8,336
Incentive fee - capital gains-based 37,970 7,445 12,711
Total incentive fee 38,280 12,265 21,047
Credits to fees from Adviser - other 0 0 0
Net total incentive fee [1] $ 38,280 $ 12,265 $ 21,047
Base management fee (as a percent) 2.00% 2.00% 2.00%
[1] Refer to Note 4 — Related Party Transactions in the accompanying Notes to Consolidated Financial Statements for additional information.