Quarterly report pursuant to Section 13 or 15(d)

FINANCIAL HIGHLIGHTS (Details)

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FINANCIAL HIGHLIGHTS (Details) - USD ($)
$ / shares in Units, $ in Thousands
3 Months Ended 6 Months Ended
Sep. 30, 2023
Jun. 30, 2023
Sep. 30, 2022
Jun. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Mar. 31, 2023
Investment Company, Financial Highlights [Roll Forward]              
Net asset value at beginning of period (in USD per share) $ 12.99 $ 13.09 $ 13.44 $ 13.43 $ 13.09 $ 13.43  
Income from investment operations              
Net investment (loss) income (in USD per share) (0.05)   0.34   0.20 0.57  
Net realized gain (in USD per share) 0.01   0.07   0.04 0.20  
Net unrealized appreciation (depreciation) (in USD per share) 1.44   (0.32)   1.43 (0.32)  
Total from investment operations (in USD per share) 1.40   0.09   1.67 0.45  
Effect of equity capital activity              
Cash distributions to common stockholders from net investment income (in USD per share) (0.20) [1] (0.21) [1] (0.14) [1] (0.10) [1] (0.41) (0.24)  
Cash distributions to common stockholders from net realized gains (in USD per share) (0.16) [1] (0.15) [1] (0.08) [1] (0.25) [1] (0.31) (0.33)  
Total from equity capital activity (in USD per share) (0.36)   (0.22)   (0.72) (0.57)  
Other, net (in USD per share) 0   0   (0.01) 0  
Net asset value at end of period (in USD per share) 14.03 12.99 13.31 13.44 14.03 13.31  
Per common share market value at beginning of period (in USD per share) 13.04 13.25 14.08 16.13 13.25 16.13  
Per common share market value at end of period (in USD per share) $ 12.74 $ 13.04 $ 12.10 $ 14.08 $ 12.74 $ 12.10  
Total investment return 0.42%   (12.64%)   1.54% (21.91%)  
Common stock outstanding at end of period (in shares) 33,895,675   33,234,663   33,895,675 33,234,663 33,591,505
Statement of Assets and Liabilities Data:              
Net assets at end of period $ 475,666   $ 442,470   $ 475,666 $ 442,470  
Average net assets 452,907   449,419   445,936 447,398  
Senior Securities Data:              
Total borrowings, at cost $ 416,538   $ 279,088   $ 416,538 $ 279,088  
Ratios/Supplemental Data:              
Ratio of net expenses to average net assets – annualized 19.44%   8.35%   15.19% 9.52%  
Ratio of net investment (loss) income to average net assets – annualized (1.53%)   10.16%   3.01% 8.40%  
Ratio of expenses to average net assets - annualized 23.30%   11.50%   18.70% 12.23%  
Ratio of net investment income (loss) to average net assets – annualized (5.39%)   7.01%   (0.50%) 5.69%  
[1] Refer to Note 8 — Distributions to Common Stockholders in the accompanying Notes to Consolidated Financial Statements for additional information.