Quarterly report pursuant to Section 13 or 15(d)

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

v3.22.4
RELATED PARTY TRANSACTIONS - Schedule of Related Party Transactions (Details) - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2022
Dec. 31, 2021
Related Party Transactions [Abstract]        
Average total assets subject to base management fee $ 757,800 $ 726,000 $ 731,000 $ 701,800
Multiplied by prorated annual base management fee of 2.0% 0.50% 0.50% 1.50% 1.50%
Base management fee [1] $ 3,789 $ 3,630 $ 10,965 $ 10,527
Credits to fees from Adviser - other (756) (3,682) (3,131) (5,863)
Net base management fee 3,033 (52) 7,834 4,664
Loan servicing fee [1] 2,080 1,768 5,754 5,430
Credits to base management fee – loan servicing fee (2,080) (1,768) (5,754) (5,430)
Net loan servicing fee 0 0 0 0
Incentive fee – income-based 2,503 2,197 7,016 5,892
Incentive fee – capital gains-based 1,442 390 706 16,294
Total incentive fee [1] 3,945 2,587 7,722 22,186
Credits to fees from Adviser - other 0 0 0 0
Net total incentive fee $ 3,945 $ 2,587 $ 7,722 $ 22,186
Base management fee 2.00% 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.