Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements of Operations

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Consolidated Statements of Operations - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
INVESTMENT INCOME:    
Interest, fee and dividend income $ 33,950 $ 31,046
EXPENSES:    
Interest (9,549) (8,334)
Base management fees (5,028) (4,855)
Incentive fees (3,637) (2,720)
Internal administrative services expenses (2,267) (2,038)
General and administrative (1,034) (880)
Total expenses before expense waivers (21,515) (18,827)
Waiver of internal administrative services expenses 2,111 1,889
Total expenses, net of expense waivers (19,404) (16,938)
NET INVESTMENT INCOME 14,546 14,108
NET REALIZED GAIN (LOSS):    
Total net realized gain (loss) (1,884) 3,432
NET UNREALIZED APPRECIATION (DEPRECIATION):    
Total net unrealized depreciation (1,133) (4,139)
INCOME TAXES:    
Federal and state income, excise and other taxes (329) (310)
Deferred taxes (611) (860)
Income tax provision (940) (1,170)
NET INCREASE IN NET ASSETS RESULTING FROM OPERATIONS $ 10,589 $ 12,231
NET INVESTMENT INCOME PER SHARE— BASIC (in dollars per share) $ 0.18 $ 0.18
NET INVESTMENT INCOME PER SHARE— DILUTED (in dollars per share) 0.18 0.18
NET INCREASE IN NET ASSETS RESULTING FROM OPERATIONS PER SHARE—BASIC (in dollars per share) 0.13 0.15
NET INCREASE IN NET ASSETS RESULTING FROM OPERATIONS PER SHARED—DILUTED (in dollars per share) $ 0.13 $ 0.15
WEIGHTED AVERAGE SHARES OUTSTANDING-BASIC (in shares) 80,258,792 80,135,988
WEIGHTED AVERAGE SHARES OUTSTANDING-DITUTED (in shares) 80,258,792 80,135,988
Control investments    
INVESTMENT INCOME:    
Interest, fee and dividend income $ 811 $ 809
NET REALIZED GAIN (LOSS):    
Total net realized gain (loss) 10 631
NET UNREALIZED APPRECIATION (DEPRECIATION):    
Total net unrealized depreciation 422 (686)
Affiliate investments    
INVESTMENT INCOME:    
Interest, fee and dividend income 6,929 7,894
NET REALIZED GAIN (LOSS):    
Total net realized gain (loss) 0 1,637
NET UNREALIZED APPRECIATION (DEPRECIATION):    
Total net unrealized depreciation (19) 1,321
Non‑Control/Non‑Affiliate investments    
INVESTMENT INCOME:    
Interest, fee and dividend income 26,210 22,343
NET REALIZED GAIN (LOSS):    
Total net realized gain (loss) (1,894) 1,164
NET UNREALIZED APPRECIATION (DEPRECIATION):    
Total net unrealized depreciation $ (1,536) $ (4,774)