Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements of Operations

v3.23.1
Consolidated Statements of Operations - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Investment Income, Net [Abstract]    
Interest, fee and dividend income $ 31,046 $ 23,401
EXPENSES:    
Interest (8,334) (4,529)
Base management fees (4,855) (4,990)
Incentive fees (2,720) 0
Internal administrative services expenses (2,038) (1,181)
General and administrative (880) (1,038)
Total expenses before expense waivers (18,827) (11,738)
Waiver of internal administrative services expenses 1,889 1,030
Total expenses, net of expense waivers (16,938) (10,708)
NET INVESTMENT INCOME 14,108 12,693
NET REALIZED GAIN (LOSS):    
Total net realized gain 3,432 253
NET UNREALIZED APPRECIATION (DEPRECIATION):    
Total net unrealized appreciation (depreciation) (4,139) 3,731
INCOME TAXES:    
Federal and state income, excise and other taxes (310) (343)
Deferred tax provision (860) (121)
Income tax provision (1,170) (464)
NET INCREASE IN NET ASSETS RESULTING FROM OPERATIONS $ 12,231 $ 16,213
NET INVESTMENT INCOME PER SHARE— BASIC (in dollars per share) $ 0.18 $ 0.16
NET INVESTMENT INCOME PER SHARE— DILUTED (in dollars per share) 0.18 0.16
NET INCREASE IN NET ASSETS RESULTING FROM OPERATIONS PER SHARE—BASIC (in dollars per share) 0.15 0.20
NET INCREASE IN NET ASSETS RESULTING FROM OPERATIONS PER SHARED—DILUTED (in dollars per share) $ 0.15 $ 0.20
WEIGHTED AVERAGE SHARES OUTSTANDING-BASIC (in shares) 80,135,988 79,861,392
WEIGHTED AVERAGE SHARES OUTSTANDING-DITUTED (in shares) 80,135,988 79,861,392
Control investments    
Investment Income, Net [Abstract]    
Interest, fee and dividend income $ 809 $ 1,001
NET REALIZED GAIN (LOSS):    
Total net realized gain 631 0
NET UNREALIZED APPRECIATION (DEPRECIATION):    
Total net unrealized appreciation (depreciation) (686) 177
Affiliate investments    
Investment Income, Net [Abstract]    
Interest, fee and dividend income 7,894 5,206
NET REALIZED GAIN (LOSS):    
Total net realized gain 1,637 446
NET UNREALIZED APPRECIATION (DEPRECIATION):    
Total net unrealized appreciation (depreciation) 1,321 77
Non‑Control/Non‑Affiliate investments    
Investment Income, Net [Abstract]    
Interest, fee and dividend income 22,343 17,194
NET REALIZED GAIN (LOSS):    
Total net realized gain 1,164 (193)
NET UNREALIZED APPRECIATION (DEPRECIATION):    
Total net unrealized appreciation (depreciation) $ (4,774) $ 3,477