Cover
Cover - USD ($) $ in Millions | 12 Months Ended | ||
Dec. 31, 2023 | Feb. 21, 2024 | Jun. 30, 2023 | |
Cover [Abstract] | |||
Document Type | 10-K | ||
Document Annual Report | true | ||
Document Period End Date | Dec. 31, 2023 | ||
Current Fiscal Year End Date | --12-31 | ||
Document Transition Report | false | ||
Securities Act File Number | 001-33723 | ||
Entity Registrant Name | Main Street Capital Corporation | ||
Entity Incorporation, State or Country Code | MD | ||
Entity Tax Identification Number | 41-2230745 | ||
Entity Address, Address Line One | 1300 Post Oak Boulevard | ||
Entity Address, Address Line Two | 8th Floor | ||
Entity Address, City or Town | Houston | ||
Entity Address, State or Province | TX | ||
Entity Address, Postal Zip Code | 77056 | ||
City Area Code | 713 | ||
Local Phone Number | 350-6000 | ||
Title of 12(b) Security | Common Stock, par value $0.01 per share | ||
Trading Symbol | MAIN | ||
Security Exchange Name | NYSE | ||
Entity Well-known Seasoned Issuer | Yes | ||
Entity Voluntary Filers | No | ||
Entity Current Reporting Status | Yes | ||
Entity Interactive Data Current | Yes | ||
Entity Filer Category | Large Accelerated Filer | ||
Entity Small Business | false | ||
Entity Emerging Growth Company | false | ||
ICFR Auditor Attestation Flag | true | ||
Document Financial Statement Error Correction | false | ||
Entity Shell Company | false | ||
Entity Public Float | $ 3,111.8 | ||
Entity Common Stock, Shares Outstanding | 84,980,145 | ||
Documents Incorporated by Reference | Portions of the registrants’ definitive Proxy Statement for its 2024 Annual Meeting of Stockholders, to be filed with the Securities and Exchange Commission, are incorporated by reference in this Annual Report on Form 10-K in response to Part III. | ||
Document Fiscal Year Focus | 2023 | ||
Entity Central Index Key | 0001396440 | ||
Amendment Flag | false | ||
Document Fiscal Period Focus | FY |
Audit Information
Audit Information | 12 Months Ended |
Dec. 31, 2023 | |
Audit Information [Abstract] | |
Auditor Name | GRANT THORNTON LLP |
Auditor Firm ID | 248 |
Auditor Location | Houston, Texas |
Consolidated Balance Sheets
Consolidated Balance Sheets - USD ($) $ in Thousands | Dec. 31, 2023 | Dec. 31, 2022 | ||
ASSETS | ||||
Investments at fair value | $ 4,286,271 | [1] | $ 4,102,177 | [2] |
Cash and cash equivalents | 60,083 | 49,121 | ||
Interest and dividend receivable and other assets | 89,337 | 82,731 | ||
Receivable for securities sold | 0 | 381 | ||
Deferred financing costs (net of accumulated amortization of $12,329 and $10,603 as of December 31, 2023 and December 31, 2022, respectively) | 7,879 | 7,475 | ||
Total assets | 4,443,570 | 4,241,885 | ||
LIABILITIES | ||||
Debt | 1,802,344 | 1,999,102 | ||
Accounts payable and other liabilities | 62,576 | 52,092 | ||
Interest payable | 17,025 | 16,580 | ||
Dividend payable | 20,368 | 17,676 | ||
Deferred tax liability, net | 63,858 | 47,849 | ||
Total liabilities | 1,966,171 | 2,133,299 | ||
Commitments and contingencies (Note K) | ||||
NET ASSETS | ||||
Common stock, $0.01 par value per share (150,000,000 shares authorized; 84,830,679 and 78,463,599 shares issued and outstanding as of December 31, 2023 and December 31, 2022, respectively) | 848 | 784 | ||
Additional paid‑in capital | 2,270,549 | 2,030,531 | ||
Total undistributed earnings | 206,002 | 77,271 | ||
Total net assets | 2,477,399 | 2,108,586 | ||
Total liabilities and net assets | $ 4,443,570 | $ 4,241,885 | ||
NET ASSET VALUE PER SHARE (in dollars per share) | $ 29.20 | $ 26.86 | ||
Line of Credit | Revolving Credit Facility | ||||
LIABILITIES | ||||
Debt | $ 360,000 | $ 607,000 | ||
Unsecured Notes | July 2026 Notes | ||||
LIABILITIES | ||||
Debt | 498,662 | 498,136 | ||
Unsecured Notes | May 2024 Notes | ||||
LIABILITIES | ||||
Debt | 450,182 | 450,727 | ||
Unsecured Notes | SBIC Debentures | ||||
LIABILITIES | ||||
Debt | 344,535 | 343,914 | ||
Unsecured Notes | December 2025 Notes | ||||
LIABILITIES | ||||
Debt | 148,965 | 99,325 | ||
Control investments | ||||
ASSETS | ||||
Investments at fair value | 2,006,698 | [1],[3] | 1,703,172 | [2],[4] |
Affiliate investments | ||||
ASSETS | ||||
Investments at fair value | 615,002 | [1],[5] | 618,359 | [2],[6] |
Non‑Control/Non‑Affiliate investments | ||||
ASSETS | ||||
Investments at fair value | $ 1,664,571 | [1],[7] | $ 1,780,646 | [2],[8] |
[1] Investment fair value was determined using significant unobservable inputs, unless otherwise noted. See Note C — Fair Value Hierarchy for Investments — Portfolio Composition for further discussion. Negative fair value is the result of the capitalized discount on the loan or the unfunded commitment being valued below par. Investment fair value was determined using significant unobservable inputs, unless otherwise noted. See Note C — Fair Value Hierarchy for Investments — Portfolio Composition for further discussion. Negative fair value is the result of the capitalized discount on the loan or the unfunded commitment being valued below par. Control investments are defined by the 1940 Act as investments in which more than 25% of the voting securities are owned or where the ability to nominate greater than 50% of the board representation is maintained. Control investments are defined by the 1940 Act as investments in which more than 25% of the voting securities are owned or where the ability to nominate greater than 50% of the board representation is maintained. Affiliate investments are defined by the 1940 Act as investments in which between 5% and 25% (inclusive) of the voting securities are owned and the investments are not classified as Control investments. Affiliate investments are defined by the 1940 Act as investments in which between 5% and 25% (inclusive) of the voting securities are owned and the investments are not classified as Control investments. Non-Control/Non-Affiliate investments are defined by the 1940 Act as investments that are neither Control investments nor Affiliate investments. Non-Control/Non-Affiliate investments are defined by the 1940 Act as investments that are neither Control investments nor Affiliate investments. |
Consolidated Balance Sheets (Pa
Consolidated Balance Sheets (Parenthetical) - USD ($) | Dec. 31, 2023 | Dec. 31, 2022 | ||
Investment, cost | $ 3,725,960,000 | [1] | $ 3,773,752,000 | [2] |
Deferred financing costs, accumulated amortization | $ 12,329,000 | $ 10,603,000 | ||
Common stock, par value (in dollars per share) | $ 0.01 | $ 0.01 | ||
Common stock, shares authorized (in shares) | 150,000,000 | 150,000,000 | ||
Common stock, shares issued (in shares) | 78,463,599 | 84,830,679 | ||
Common stock, shares outstanding (in shares) | 78,463,599 | 84,830,679 | ||
Unsecured Notes | July 2026 Notes | ||||
Debt instrument, par value | $ 500,000,000 | $ 500,000,000 | ||
Unsecured Notes | May 2024 Notes | ||||
Debt instrument, par value | 450,000,000 | 450,000,000 | ||
Unsecured Notes | SBIC Debentures | ||||
Debt instrument, par value | 350,000,000 | 350,000,000 | ||
Debt, due within one year | 63,800,000 | |||
Unsecured Notes | December 2025 Notes | ||||
Debt instrument, par value | 150,000,000 | 100,000,000 | ||
Control investments | ||||
Investment, cost | 1,435,131,000 | [1],[3] | 1,270,802,000 | [2],[4] |
Affiliate investments | ||||
Investment, cost | 575,894,000 | [1],[5] | 635,536,000 | [2],[6] |
Non‑Control/Non‑Affiliate investments | ||||
Investment, cost | $ 1,714,935,000 | [1],[7] | $ 1,867,414,000 | [2],[8] |
[1] Principal is net of repayments. Cost is net of repayments and accumulated unearned income. Negative cost is the result of the capitalized discount being greater than the principal amount outstanding on the loan. Principal is net of repayments. Cost is net of repayments and accumulated unearned income. Negative cost is the result of the capitalized discount being greater than the principal amount outstanding on the loan. Control investments are defined by the 1940 Act as investments in which more than 25% of the voting securities are owned or where the ability to nominate greater than 50% of the board representation is maintained. Control investments are defined by the 1940 Act as investments in which more than 25% of the voting securities are owned or where the ability to nominate greater than 50% of the board representation is maintained. Affiliate investments are defined by the 1940 Act as investments in which between 5% and 25% (inclusive) of the voting securities are owned and the investments are not classified as Control investments. Affiliate investments are defined by the 1940 Act as investments in which between 5% and 25% (inclusive) of the voting securities are owned and the investments are not classified as Control investments. Non-Control/Non-Affiliate investments are defined by the 1940 Act as investments that are neither Control investments nor Affiliate investments. Non-Control/Non-Affiliate investments are defined by the 1940 Act as investments that are neither Control investments nor Affiliate investments. |
Consolidated Statements of Oper
Consolidated Statements of Operations - USD ($) $ in Thousands | 12 Months Ended | ||
Dec. 31, 2023 | Dec. 31, 2022 | Dec. 31, 2021 | |
INVESTMENT INCOME: | |||
Interest, fee and dividend income: | $ 500,385 | $ 376,860 | $ 289,047 |
EXPENSES: | |||
Interest | (102,575) | (78,276) | (58,836) |
Compensation | (46,279) | (36,543) | (34,442) |
General and administrative | (18,042) | (16,050) | (12,494) |
Share‑based compensation | (16,520) | (13,629) | (10,887) |
Expenses allocated to the External Investment Manager | 22,050 | 12,965 | 10,277 |
Total expenses | (161,366) | (131,533) | (106,382) |
NET INVESTMENT INCOME | 339,019 | 245,327 | 182,665 |
NET REALIZED GAIN (LOSS): | |||
Total net realized gain (loss) | (120,507) | (5,212) | 45,336 |
NET UNREALIZED APPRECIATION (DEPRECIATION): | |||
Total net unrealized appreciation | 232,577 | 24,816 | 135,624 |
INCOME TAXES: | |||
Federal and state income, excise and other taxes | (6,633) | (5,199) | (5,732) |
Deferred taxes | (16,009) | (18,126) | (27,131) |
Total income tax provision | (22,642) | (23,325) | (32,863) |
NET INCREASE IN NET ASSETS RESULTING FROM OPERATIONS | $ 428,447 | $ 241,606 | $ 330,762 |
NET INVESTMENT INCOME PER SHARE— BASIC (in dollars per share) | $ 4.14 | $ 3.29 | $ 2.65 |
NET INVESTMENT INCOME PER SHARE— DILUTED (in dollars per share) | 4.14 | 3.29 | 2.65 |
NET INCREASE IN NET ASSETS RESULTING FROM OPERATIONS PER SHARE—BASIC (in dollars per share) | 5.23 | 3.24 | 4.80 |
NET INCREASE IN NET ASSETS RESULTING FROM OPERATIONS PER SHARE—DILUTED (in dollars per share) | $ 5.23 | $ 3.24 | $ 4.80 |
WEIGHTED-AVERAGE SHARES OUTSTANDING-BASIC (in shares) | 81,916,663 | 74,482,176 | 68,960,923 |
WEIGHTED-AVERAGE SHARES OUTSTANDING-DIILUTED (in shares) | 81,916,663 | 74,482,176 | 68,960,923 |
Control investments | |||
INVESTMENT INCOME: | |||
Interest, fee and dividend income: | $ 197,150 | $ 155,967 | $ 122,277 |
NET REALIZED GAIN (LOSS): | |||
Total net realized gain (loss) | (50,532) | (5,822) | 6,494 |
NET UNREALIZED APPRECIATION (DEPRECIATION): | |||
Total net unrealized appreciation | 161,793 | 56,682 | 99,420 |
Affiliate investments | |||
INVESTMENT INCOME: | |||
Interest, fee and dividend income: | 69,829 | 54,963 | 51,278 |
NET REALIZED GAIN (LOSS): | |||
Total net realized gain (loss) | (18,729) | (3,319) | 17,181 |
NET UNREALIZED APPRECIATION (DEPRECIATION): | |||
Total net unrealized appreciation | 33,689 | 10,314 | 21,989 |
Non‑Control/Non‑Affiliate investments | |||
INVESTMENT INCOME: | |||
Interest, fee and dividend income: | 233,406 | 165,930 | 115,492 |
NET REALIZED GAIN (LOSS): | |||
Total net realized gain (loss) | (51,246) | 3,929 | 21,661 |
NET UNREALIZED APPRECIATION (DEPRECIATION): | |||
Total net unrealized appreciation | $ 37,095 | $ (42,180) | $ 14,215 |
Consolidated Statements of Chan
Consolidated Statements of Changes in Net Assets - USD ($) $ in Thousands | 12 Months Ended | ||
Dec. 31, 2023 | Dec. 31, 2022 | Dec. 31, 2021 | |
Increase (Decrease) in Stockholders' Equity [Roll Forward] | |||
Balance at beginning of period (in shares) | 84,830,679 | ||
Balance at beginning of period | $ 2,108,586 | $ 1,788,846 | $ 1,514,767 |
Public offering of common stock, net of offering costs | 203,683 | 265,620 | 98,889 |
Share‑based compensation | 16,520 | 13,629 | 10,887 |
Purchase of vested stock for employee payroll tax withholding | $ (5,950) | $ (4,943) | $ (5,303) |
Dividend reinvestment (in shares) | 765,427 | 625,196 | 404,384 |
Dividend reinvestment | $ 30,719 | $ 24,131 | $ 16,283 |
Amortization of directors’ deferred compensation | 434 | 519 | 652 |
Issuance of restricted stock, net of forfeited shares | 0 | 0 | 0 |
Dividends to stockholders | (305,040) | (220,822) | (178,091) |
Reclassification for certain permanent book-to-tax differences | 0 | 0 | 0 |
Net increase resulting from operations | $ 428,447 | $ 241,606 | 330,762 |
Balance at ending of period (in shares) | 78,463,599 | 84,830,679 | |
Balance at ending of period | $ 2,477,399 | $ 2,108,586 | $ 1,788,846 |
Common Stock | |||
Increase (Decrease) in Stockholders' Equity [Roll Forward] | |||
Balance at beginning of period (in shares) | 78,506,816 | 70,737,021 | 67,762,032 |
Balance at beginning of period | $ 784 | $ 707 | $ 677 |
Public offering of common stock, net of offering costs (in shares) | 5,159,479 | 6,763,166 | 2,345,554 |
Public offering of common stock, net of offering costs | $ 52 | $ 67 | $ 24 |
Purchase of vested stock for employee payroll tax withholding (in shares) | (151,058) | (116,177) | (134,238) |
Purchase of vested stock for employee payroll tax withholding | $ (1) | $ (1) | $ (1) |
Dividend reinvestment (in shares) | 765,427 | 625,196 | 404,384 |
Dividend reinvestment | $ 8 | $ 6 | $ 4 |
Issuance of restricted stock, net of forfeited shares (in shares) | 552,338 | 497,610 | 359,289 |
Issuance of restricted stock, net of forfeited shares | $ 5 | $ 5 | $ 3 |
Balance at ending of period (in shares) | 84,833,002 | 78,506,816 | 70,737,021 |
Balance at ending of period | $ 848 | $ 784 | $ 707 |
Additional Paid‑In Capital | |||
Increase (Decrease) in Stockholders' Equity [Roll Forward] | |||
Balance at beginning of period | 2,030,531 | 1,736,346 | 1,615,940 |
Public offering of common stock, net of offering costs | 203,631 | 265,553 | 98,865 |
Share‑based compensation | 16,520 | 13,629 | 10,887 |
Purchase of vested stock for employee payroll tax withholding | (5,949) | (4,942) | (5,302) |
Dividend reinvestment | 30,711 | 24,125 | 16,279 |
Amortization of directors’ deferred compensation | 434 | 519 | 652 |
Issuance of restricted stock, net of forfeited shares | (5) | (5) | (3) |
Dividends to stockholders | 623 | 466 | 406 |
Reclassification for certain permanent book-to-tax differences | (5,947) | (5,160) | (1,378) |
Balance at ending of period | 2,270,549 | 2,030,531 | 1,736,346 |
Total Undistributed Earnings | |||
Increase (Decrease) in Stockholders' Equity [Roll Forward] | |||
Balance at beginning of period | 77,271 | 51,793 | (101,850) |
Dividends to stockholders | (305,663) | (221,288) | (178,497) |
Reclassification for certain permanent book-to-tax differences | 5,947 | 5,160 | 1,378 |
Net increase resulting from operations | 428,447 | 241,606 | 330,762 |
Balance at ending of period | $ 206,002 | $ 77,271 | $ 51,793 |
Consolidated Statements of Cash
Consolidated Statements of Cash Flows - USD ($) $ in Thousands | 12 Months Ended | ||
Dec. 31, 2023 | Dec. 31, 2022 | Dec. 31, 2021 | |
CASH FLOWS FROM OPERATING ACTIVITIES | |||
Net increase in net assets resulting from operations | $ 428,447 | $ 241,606 | $ 330,762 |
Adjustments to reconcile net increase in net assets resulting from operations to net cash provided by (used in) operating activities: | |||
Investments in portfolio companies | (866,997) | (1,152,594) | (1,763,755) |
Proceeds from sales and repayments of debt investments in portfolio companies | 782,433 | 608,330 | 920,828 |
Proceeds from sales and return of capital of equity investments in portfolio companies | 43,581 | 71,695 | 133,644 |
Net unrealized appreciation | (232,577) | (24,816) | (135,624) |
Net realized (gain) loss | 120,507 | 5,212 | (45,336) |
Accretion of unearned income | (19,366) | (13,413) | (15,619) |
Payment-in-kind interest | (10,997) | (5,352) | (7,573) |
Cumulative dividends | (1,344) | (1,770) | (1,739) |
Share-based compensation expense | 16,520 | 13,629 | 10,887 |
Amortization of deferred financing costs | 3,331 | 2,863 | 2,998 |
Deferred tax provision | 16,009 | 18,126 | 27,131 |
Changes in other assets and liabilities: | |||
Interest and dividend receivable and other assets | (8,530) | (28,186) | (5,504) |
Interest payable | 445 | 1,654 | 6,268 |
Accounts payable and other liabilities | 10,062 | 12,254 | 20,289 |
Deferred fees and other | 3,798 | 3,826 | 6,970 |
Net cash provided by (used in) operating activities | 285,322 | (246,936) | (515,373) |
CASH FLOWS FROM FINANCING ACTIVITIES | |||
Proceeds from public offering of common stock, net of offering costs | 203,683 | 265,620 | 98,889 |
Dividends paid | (271,599) | (194,174) | (160,537) |
Redemption of December 2022 Notes | 0 | (185,000) | 0 |
Proceeds from credit facilities | 460,000 | 1,032,000 | 1,100,000 |
Repayments on credit facilities | (707,000) | (745,000) | (1,049,000) |
Debt issuance costs, net | (3,494) | (5,075) | (8,166) |
Purchases of vested stock for employee payroll tax withholding | (5,950) | (4,943) | (5,303) |
Net cash provided by (used in) financing activities | (274,360) | 263,428 | 516,083 |
Net increase in cash and cash equivalents | 10,962 | 16,492 | 710 |
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD | 49,121 | 32,629 | 31,919 |
CASH AND CASH EQUIVALENTS AT END OF PERIOD | 60,083 | 49,121 | 32,629 |
Supplemental cash flow disclosures: | |||
Interest paid | 98,656 | 73,635 | 50,729 |
Taxes paid | 8,444 | 6,596 | 2,233 |
Operating non-cash activities: | |||
Right-of-use assets obtained in exchange for operating lease liabilities | 0 | 5,449 | 0 |
Non-cash financing activities: | |||
Value of shares issued pursuant to the DRIP | 30,719 | 24,131 | 16,283 |
July 2026 Notes | |||
CASH FLOWS FROM FINANCING ACTIVITIES | |||
Proceeds from debt | 0 | 0 | 500,000 |
December 2025 Notes | |||
CASH FLOWS FROM FINANCING ACTIVITIES | |||
Proceeds from debt | 50,000 | 100,000 | 0 |
SBIC Debentures | |||
CASH FLOWS FROM FINANCING ACTIVITIES | |||
Proceeds from debt | 16,000 | 0 | 80,200 |
Repayments of SBIC debentures | $ (16,000) | $ 0 | $ (40,000) |
Consolidated Schedule of Invest
Consolidated Schedule of Investments - USD ($) $ in Thousands | Dec. 31, 2023 | Dec. 31, 2022 | Dec. 31, 2021 | |||
Schedule of Investments [Line Items] | ||||||
Cost | $ 3,725,960 | [1] | $ 3,773,752 | [2] | ||
Fair value | $ 4,286,271 | [3] | $ 4,102,177 | [4] | ||
Investment owned, percent of net assets (as a percent) | 173% | 194.50% | ||||
Money Market Funds | ||||||
Schedule of Investments [Line Items] | ||||||
Cost | [1],[5] | $ 15,224 | ||||
Fair value | [3],[5] | 15,224 | ||||
Analytical Systems Keco Holdings, LLC | ||||||
Schedule of Investments [Line Items] | ||||||
Cost | 10,246 | $ 10,485 | ||||
Fair value | 9,163 | 8,046 | ||||
ASC Interests, LLC | ||||||
Schedule of Investments [Line Items] | ||||||
Cost | 3,727 | 3,549 | ||||
Fair value | 2,363 | 2,849 | ||||
ATS Workholding, LLC | ||||||
Schedule of Investments [Line Items] | ||||||
Cost | 8,647 | [6] | 8,484 | [7] | ||
Fair value | 801 | [6] | 1,639 | [7] | ||
Barfly Ventures, LLC | ||||||
Schedule of Investments [Line Items] | ||||||
Cost | 2,295 | [6] | 2,295 | [7] | ||
Fair value | 4,851 | [6] | 4,031 | [7] | ||
Batjer TopCo, LLC | ||||||
Schedule of Investments [Line Items] | ||||||
Cost | 14,867 | 15,020 | ||||
Fair value | 16,995 | 15,020 | ||||
Bolder Panther Group, LLC | ||||||
Schedule of Investments [Line Items] | ||||||
Cost | 110,078 | 112,576 | ||||
Fair value | 127,576 | 130,614 | ||||
Brewer Crane Holdings, LLC | ||||||
Schedule of Investments [Line Items] | ||||||
Cost | 9,778 | 10,244 | ||||
Fair value | 11,118 | 13,044 | ||||
Bridge Capital Solutions Corporation | ||||||
Schedule of Investments [Line Items] | ||||||
Cost | 12,945 | 12,945 | ||||
Fair value | 15,103 | 15,153 | ||||
California Splendor Holdings LLC | ||||||
Schedule of Investments [Line Items] | ||||||
Cost | 43,341 | [8] | 42,720 | |||
Fair value | 47,951 | [8] | 57,489 | |||
Centre Technologies Holdings, LLC | ||||||
Schedule of Investments [Line Items] | ||||||
Cost | 23,634 | 21,076 | ||||
Fair value | 28,614 | 23,654 | ||||
Chamberlin Holding LLC | ||||||
Schedule of Investments [Line Items] | ||||||
Cost | 28,635 | 30,148 | ||||
Fair value | 47,800 | 42,575 | ||||
Charps, LLC | ||||||
Schedule of Investments [Line Items] | ||||||
Cost | 6,641 | 6,606 | ||||
Fair value | 21,384 | 19,034 | ||||
Clad-Rex Steel, LLC | ||||||
Schedule of Investments [Line Items] | ||||||
Cost | 17,353 | 18,969 | ||||
Fair value | 15,755 | 20,309 | ||||
Cody Pools, Inc. | ||||||
Schedule of Investments [Line Items] | ||||||
Cost | 50,348 | 50,281 | ||||
Fair value | 114,543 | 100,443 | ||||
Colonial Electric Company LLC | ||||||
Schedule of Investments [Line Items] | ||||||
Cost | 30,586 | 30,831 | ||||
Fair value | 31,707 | 32,311 | ||||
CompareNetworks Topco, LLC | ||||||
Schedule of Investments [Line Items] | ||||||
Cost | 5,429 | 7,207 | ||||
Fair value | 17,904 | 25,071 | ||||
Compass Systems & Sales, LLC | ||||||
Schedule of Investments [Line Items] | ||||||
Cost | 24,488 | |||||
Fair value | 24,488 | |||||
Cybermedia Technologies, LLC | ||||||
Schedule of Investments [Line Items] | ||||||
Cost | 43,389 | |||||
Fair value | 43,389 | |||||
Datacom, LLC | ||||||
Schedule of Investments [Line Items] | ||||||
Cost | 11,130 | 11,023 | ||||
Fair value | 8,104 | 10,682 | ||||
Digital Products Holdings LLC | ||||||
Schedule of Investments [Line Items] | ||||||
Cost | 24,259 | 25,024 | ||||
Fair value | 24,525 | 25,358 | ||||
Direct Marketing Solutions, Inc. | ||||||
Schedule of Investments [Line Items] | ||||||
Cost | 35,031 | 35,434 | ||||
Fair value | 47,516 | 49,487 | ||||
Elgin AcquireCo, LLC | ||||||
Schedule of Investments [Line Items] | ||||||
Cost | 32,161 | 34,040 | ||||
Fair value | 32,637 | 34,040 | ||||
Gamber-Johnson Holdings, LLC | ||||||
Schedule of Investments [Line Items] | ||||||
Cost | 71,505 | 81,377 | ||||
Fair value | 150,788 | 114,968 | ||||
Garreco, LLC | ||||||
Schedule of Investments [Line Items] | ||||||
Cost | 4,288 | 5,026 | ||||
Fair value | 4,668 | 5,626 | ||||
GRT Rubber Technologies LLC | ||||||
Schedule of Investments [Line Items] | ||||||
Cost | 55,819 | 54,048 | ||||
Fair value | 87,333 | 85,603 | ||||
Gulf Publishing Holdings, LLC | ||||||
Schedule of Investments [Line Items] | ||||||
Cost | 11,681 | 11,681 | ||||
Fair value | 4,744 | 6,064 | ||||
Harris Preston Fund Investments | ||||||
Schedule of Investments [Line Items] | ||||||
Cost | 3,593 | [9],[10] | 4,143 | [11],[12] | ||
Fair value | 6,365 | [9],[10] | 7,800 | [11],[12] | ||
IG Investor, LLC | ||||||
Schedule of Investments [Line Items] | ||||||
Cost | 51,299 | |||||
Fair value | 51,299 | |||||
Jensen Jewelers of Idaho, LLC | ||||||
Schedule of Investments [Line Items] | ||||||
Cost | 2,809 | 3,255 | ||||
Fair value | 14,418 | 17,420 | ||||
JorVet Holdings, LLC | ||||||
Schedule of Investments [Line Items] | ||||||
Cost | 36,224 | 36,173 | ||||
Fair value | 36,224 | 36,173 | ||||
KBK Industries, LLC | ||||||
Schedule of Investments [Line Items] | ||||||
Cost | 5,445 | |||||
Fair value | 27,470 | |||||
Kickhaefer Manufacturing Company, LLC | ||||||
Schedule of Investments [Line Items] | ||||||
Cost | 36,811 | 37,448 | ||||
Fair value | 35,999 | 34,286 | ||||
Market Force Information, LLC | ||||||
Schedule of Investments [Line Items] | ||||||
Cost | 48,847 | |||||
Fair value | 7,700 | |||||
Metalforming Holdings, LLC | ||||||
Schedule of Investments [Line Items] | ||||||
Cost | 31,195 | 31,123 | ||||
Fair value | 31,158 | 31,123 | ||||
MH Corbin Holding LLC | ||||||
Schedule of Investments [Line Items] | ||||||
Cost | 15,800 | 16,556 | ||||
Fair value | 5,352 | 4,548 | ||||
MS Private Loan Fund I, LP | ||||||
Schedule of Investments [Line Items] | ||||||
Cost | 14,250 | [9],[10] | 14,250 | [11],[12] | ||
Fair value | 14,527 | [9],[10] | 14,833 | [11],[12] | ||
MS Private Loan Fund II, LP | ||||||
Schedule of Investments [Line Items] | ||||||
Cost | [9],[10] | 24,928 | ||||
Fair value | [9],[10] | 24,928 | ||||
Mystic Logistics Holdings, LLC | ||||||
Schedule of Investments [Line Items] | ||||||
Cost | 8,466 | 8,466 | ||||
Fair value | 32,136 | 28,576 | ||||
Nebraska Vet AcquireCo, LLC | ||||||
Schedule of Investments [Line Items] | ||||||
Cost | 43,116 | 37,393 | ||||
Fair value | 51,314 | 38,294 | ||||
NexRev LLC | ||||||
Schedule of Investments [Line Items] | ||||||
Cost | 17,964 | 19,548 | ||||
Fair value | 16,101 | 9,587 | ||||
NRP Jones, LLC | ||||||
Schedule of Investments [Line Items] | ||||||
Cost | 5,797 | 5,797 | ||||
Fair value | 3,599 | 6,870 | ||||
NuStep, LLC | ||||||
Schedule of Investments [Line Items] | ||||||
Cost | 34,288 | 35,075 | ||||
Fair value | 36,416 | 36,003 | ||||
OMi Topco, LLC | ||||||
Schedule of Investments [Line Items] | ||||||
Cost | 13,762 | 16,714 | ||||
Fair value | 49,130 | 38,560 | ||||
Orttech Holdings, LLC | ||||||
Schedule of Investments [Line Items] | ||||||
Cost | 31,925 | 33,429 | ||||
Fair value | 39,090 | 35,179 | ||||
Pearl Meyer Topco LLC | ||||||
Schedule of Investments [Line Items] | ||||||
Cost | 64,054 | 41,537 | ||||
Fair value | 95,271 | 71,941 | ||||
Pinnacle TopCo, LLC | ||||||
Schedule of Investments [Line Items] | ||||||
Cost | 43,323 | |||||
Fair value | 43,323 | |||||
PPL RVs, Inc. | ||||||
Schedule of Investments [Line Items] | ||||||
Cost | 22,078 | 23,787 | ||||
Fair value | 37,225 | 40,843 | ||||
Principle Environmental, LLC | ||||||
Schedule of Investments [Line Items] | ||||||
Cost | 12,738 | 12,715 | ||||
Fair value | 17,089 | 18,816 | ||||
Robbins Bros. Jewelry, Inc. | ||||||
Schedule of Investments [Line Items] | ||||||
Cost | 44,953 | 46,439 | ||||
Fair value | 30,772 | 50,249 | ||||
Tedder Industries, LLC | ||||||
Schedule of Investments [Line Items] | ||||||
Cost | 27,510 | 26,277 | ||||
Fair value | 15,988 | 24,641 | ||||
Televerde, LLC | ||||||
Schedule of Investments [Line Items] | ||||||
Cost | 2,008 | 2,008 | ||||
Fair value | 6,528 | 7,202 | ||||
Trantech Radiator Topco, LLC | ||||||
Schedule of Investments [Line Items] | ||||||
Cost | 12,565 | 12,544 | ||||
Fair value | 20,660 | 15,720 | ||||
Volusion, LLC | ||||||
Schedule of Investments [Line Items] | ||||||
Cost | 27,322 | 33,719 | ||||
Fair value | 9,350 | 14,914 | ||||
VVS Holdco LLC | ||||||
Schedule of Investments [Line Items] | ||||||
Cost | 40,275 | 41,977 | ||||
Fair value | 40,275 | 42,080 | ||||
Ziegler’s NYPD, LLC | ||||||
Schedule of Investments [Line Items] | ||||||
Cost | 7,634 | 7,634 | ||||
Fair value | 3,475 | 4,311 | ||||
AAC Holdings, Inc. | ||||||
Schedule of Investments [Line Items] | ||||||
Cost | 17,537 | [13] | 14,738 | [14] | ||
Fair value | 14,313 | [13] | 11,550 | [14] | ||
ATX Networks Corp. | ||||||
Schedule of Investments [Line Items] | ||||||
Cost | [14] | 8,499 | ||||
Fair value | [14] | 12,211 | ||||
BBB Tank Services, LLC | ||||||
Schedule of Investments [Line Items] | ||||||
Cost | 5,762 | |||||
Fair value | 2,886 | |||||
Boccella Precast Products LLC | ||||||
Schedule of Investments [Line Items] | ||||||
Cost | 2,576 | 2,576 | ||||
Fair value | 2,310 | 3,290 | ||||
Buca C, LLC | ||||||
Schedule of Investments [Line Items] | ||||||
Cost | 21,750 | 22,125 | ||||
Fair value | 12,144 | 12,337 | ||||
Career Team Holdings, LLC | ||||||
Schedule of Investments [Line Items] | ||||||
Cost | 25,287 | 24,581 | ||||
Fair value | 25,287 | 24,581 | ||||
Classic H&G Holdings, LLC | ||||||
Schedule of Investments [Line Items] | ||||||
Cost | 29,544 | 29,502 | ||||
Fair value | 39,834 | 48,471 | ||||
DMA Industries, LLC | ||||||
Schedule of Investments [Line Items] | ||||||
Cost | 24,629 | 26,979 | ||||
Fair value | 26,460 | 28,460 | ||||
Dos Rios Partners | ||||||
Schedule of Investments [Line Items] | ||||||
Cost | 8,318 | [9],[10] | 8,510 | [11],[12] | ||
Fair value | 11,074 | [9],[10] | 12,025 | [11],[12] | ||
Flame King Holdings, LLC | ||||||
Schedule of Investments [Line Items] | ||||||
Cost | 38,975 | |||||
Fair value | 46,380 | |||||
Freeport Financial Funds | ||||||
Schedule of Investments [Line Items] | ||||||
Cost | 7,019 | [9],[10] | 9,810 | [11],[12] | ||
Fair value | 6,716 | [9],[10] | 9,331 | [11],[12] | ||
GFG Group, LLC | ||||||
Schedule of Investments [Line Items] | ||||||
Cost | 14,202 | 16,169 | ||||
Fair value | 20,805 | 18,485 | ||||
Harris Preston Fund Investments | ||||||
Schedule of Investments [Line Items] | ||||||
Cost | 8,219 | [9],[10] | 6,290 | [11],[12] | ||
Fair value | 10,863 | [9],[10] | 8,063 | [11],[12] | ||
Hawk Ridge Systems, LLC | ||||||
Schedule of Investments [Line Items] | ||||||
Cost | 50,116 | 43,868 | ||||
Fair value | 65,610 | 59,365 | ||||
Houston Plating and Coatings, LLC | ||||||
Schedule of Investments [Line Items] | ||||||
Cost | 5,352 | 5,352 | ||||
Fair value | 6,220 | 5,400 | ||||
Infinity X1 Holdings, LLC | ||||||
Schedule of Investments [Line Items] | ||||||
Cost | 21,403 | |||||
Fair value | 21,403 | |||||
Integral Energy Services | ||||||
Schedule of Investments [Line Items] | ||||||
Cost | [6] | 15,906 | ||||
Fair value | [6] | 14,351 | ||||
Iron-Main Investments, LLC | ||||||
Schedule of Investments [Line Items] | ||||||
Cost | 48,885 | 37,931 | ||||
Fair value | 48,809 | 37,931 | ||||
ITA Holdings Group, LLC | ||||||
Schedule of Investments [Line Items] | ||||||
Cost | 10,464 | |||||
Fair value | 10,464 | |||||
Johnson Downie Opco, LLC | ||||||
Schedule of Investments [Line Items] | ||||||
Cost | 27,683 | 13,056 | ||||
Fair value | 33,827 | 15,539 | ||||
OnAsset Intelligence, Inc. | ||||||
Schedule of Investments [Line Items] | ||||||
Cost | 12,683 | 12,683 | ||||
Fair value | 3,172 | 5,309 | ||||
Oneliance, LLC | ||||||
Schedule of Investments [Line Items] | ||||||
Cost | 6,539 | 6,615 | ||||
Fair value | $ 6,478 | 6,615 | ||||
Rocaceia, LLC (Quality Lease and Rental Holdings, LLC) | ||||||
Schedule of Investments [Line Items] | ||||||
Cost | 32,365 | |||||
Fair value | 0 | |||||
SI East, LLC | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 11.25% | |||||
Cost | $ 56,928 | 90,926 | ||||
Fair value | 74,831 | 103,436 | ||||
Slick Innovations, LLC | ||||||
Schedule of Investments [Line Items] | ||||||
Cost | 11,801 | 14,154 | ||||
Fair value | 13,750 | 15,370 | ||||
Sonic Systems International, LLC | ||||||
Schedule of Investments [Line Items] | ||||||
Cost | [7] | 16,883 | ||||
Fair value | [7] | 17,049 | ||||
Student Resource Center, LLC | ||||||
Schedule of Investments [Line Items] | ||||||
Cost | 4,884 | [6] | 4,556 | [7] | ||
Fair value | 3,190 | [6] | 4,556 | [7] | ||
Superior Rigging & Erecting Co. | ||||||
Schedule of Investments [Line Items] | ||||||
Cost | 24,927 | 25,878 | ||||
Fair value | 26,367 | 25,878 | ||||
The Affiliati Network, LLC | ||||||
Schedule of Investments [Line Items] | ||||||
Cost | 14,197 | 15,948 | ||||
Fair value | 14,069 | 15,948 | ||||
UniTek Global Services, Inc. | ||||||
Schedule of Investments [Line Items] | ||||||
Cost | 18,942 | [13] | 20,535 | [14] | ||
Fair value | 12,328 | [13] | 11,510 | [14] | ||
Universal Wellhead Services Holdings, LLC | ||||||
Schedule of Investments [Line Items] | ||||||
Cost | 5,032 | [6] | 5,032 | [7] | ||
Fair value | 150 | [6] | 220 | [7] | ||
World Micro Holdings, LLC | ||||||
Schedule of Investments [Line Items] | ||||||
Cost | 15,873 | 17,985 | ||||
Fair value | 15,873 | 17,985 | ||||
AB Centers Acquisition Corporation | ||||||
Schedule of Investments [Line Items] | ||||||
Cost | 22,440 | [6] | 17,216 | [7] | ||
Fair value | 23,110 | [6] | 17,754 | [7] | ||
Acousti Engineering Company of Florida | ||||||
Schedule of Investments [Line Items] | ||||||
Cost | [7] | 12,294 | ||||
Fair value | [7] | 12,376 | ||||
Acumera, Inc. | ||||||
Schedule of Investments [Line Items] | ||||||
Cost | 24,524 | [6] | 18,561 | [7] | ||
Fair value | 24,904 | [6] | 18,986 | [7] | ||
Adams Publishing Group, LLC | ||||||
Schedule of Investments [Line Items] | ||||||
Cost | 29,009 | [6] | 28,762 | [7] | ||
Fair value | 28,468 | [6] | 28,815 | [7] | ||
AMEREQUIP LLC. | ||||||
Schedule of Investments [Line Items] | ||||||
Cost | 29,754 | [6] | 38,461 | [7] | ||
Fair value | 30,434 | [6] | 39,105 | [7] | ||
American Health Staffing Group, Inc. | ||||||
Schedule of Investments [Line Items] | ||||||
Cost | 6,504 | [6] | 6,555 | [7] | ||
Fair value | 6,542 | [6] | 6,607 | [7] | ||
American Nuts, LLC | ||||||
Schedule of Investments [Line Items] | ||||||
Cost | 31,640 | [6] | 30,816 | [7] | ||
Fair value | 23,268 | [6] | 29,260 | [7] | ||
American Teleconferencing Services, Ltd. | ||||||
Schedule of Investments [Line Items] | ||||||
Cost | 16,686 | [13] | 16,686 | [14] | ||
Fair value | 781 | [13] | 976 | [14] | ||
ArborWorks, LLC | ||||||
Schedule of Investments [Line Items] | ||||||
Cost | 23,350 | [6] | 34,064 | [7] | ||
Fair value | 23,116 | [6] | 29,010 | [7] | ||
Archer Systems, LLC | ||||||
Schedule of Investments [Line Items] | ||||||
Cost | [7] | 67,583 | ||||
Fair value | [7] | 67,764 | ||||
ATS Operating, LLC | ||||||
Schedule of Investments [Line Items] | ||||||
Cost | 14,400 | [6] | 14,040 | [7] | ||
Fair value | 14,350 | [6] | 13,835 | [7] | ||
AVEX Aviation Holdings, LLC | ||||||
Schedule of Investments [Line Items] | ||||||
Cost | 24,661 | [6] | 28,230 | [7] | ||
Fair value | 24,934 | [6] | 28,276 | [7] | ||
Berry Aviation, Inc. | ||||||
Schedule of Investments [Line Items] | ||||||
Cost | 0 | [6] | 1,356 | [7] | ||
Fair value | 2,760 | [6] | 5,026 | [7] | ||
Bettercloud, Inc. | ||||||
Schedule of Investments [Line Items] | ||||||
Cost | 28,944 | [6] | 26,944 | [7] | ||
Fair value | 27,488 | [6] | 27,429 | [7] | ||
Bluestem Brands, Inc. | ||||||
Schedule of Investments [Line Items] | ||||||
Cost | 5,998 | [13] | 3,317 | [14] | ||
Fair value | 5,883 | [13] | 9,094 | [14] | ||
Bond Brand Loyalty ULC | ||||||
Schedule of Investments [Line Items] | ||||||
Cost | [6],[9],[15] | 13,134 | ||||
Fair value | [6],[9],[15] | 13,285 | ||||
Brainworks Software, LLC | ||||||
Schedule of Investments [Line Items] | ||||||
Cost | 7,817 | [6] | 7,817 | [7] | ||
Fair value | 1,836 | [6] | 3,677 | [7] | ||
Brightwood Capital Fund Investments | ||||||
Schedule of Investments [Line Items] | ||||||
Cost | 12,877 | [9],[10] | 13,412 | [11],[12] | ||
Fair value | 10,886 | [9],[10] | 11,497 | [11],[12] | ||
Burning Glass Intermediate Holding Company, Inc. | ||||||
Schedule of Investments [Line Items] | ||||||
Cost | 19,900 | [6] | 19,628 | [7] | ||
Fair value | 20,146 | [6] | 19,933 | [7] | ||
CAI Software LLC | ||||||
Schedule of Investments [Line Items] | ||||||
Cost | 1,789 | 1,789 | ||||
Fair value | 1,789 | 1,789 | ||||
CaseWorthy, Inc. | ||||||
Schedule of Investments [Line Items] | ||||||
Cost | 14,171 | [6] | 14,228 | [7] | ||
Fair value | 14,273 | [6] | 14,282 | [7] | ||
Channel Partners Intermediateco, LLC | ||||||
Schedule of Investments [Line Items] | ||||||
Cost | 44,769 | [6] | 40,163 | [7] | ||
Fair value | 43,690 | [6] | 40,325 | [7] | ||
Computer Data Source, LLC | ||||||
Schedule of Investments [Line Items] | ||||||
Cost | 23,067 | [6] | 23,243 | [7] | ||
Fair value | 22,605 | [6] | 21,799 | [7] | ||
CQ Fluency, LLC | ||||||
Schedule of Investments [Line Items] | ||||||
Cost | [6] | 10,788 | ||||
Fair value | [6] | 10,788 | ||||
Dalton US Inc. | ||||||
Schedule of Investments [Line Items] | ||||||
Cost | [7] | 15,123 | ||||
Fair value | [7] | 15,390 | ||||
DTE Enterprises, LLC | ||||||
Schedule of Investments [Line Items] | ||||||
Cost | 2,060 | [6] | 8,001 | [7] | ||
Fair value | 1,544 | [6] | 7,474 | [7] | ||
Dynamic Communities, LLC | ||||||
Schedule of Investments [Line Items] | ||||||
Cost | 3,920 | [6] | 3,487 | [7] | ||
Fair value | 3,831 | [6] | 3,487 | [7] | ||
Eastern Wholesale Fence LLC | ||||||
Schedule of Investments [Line Items] | ||||||
Cost | 27,882 | [6],[16] | 31,406 | [7] | ||
Fair value | 26,994 | [6],[16] | 31,159 | [7] | ||
EnCap Energy Fund Investments | ||||||
Schedule of Investments [Line Items] | ||||||
Cost | 25,431 | [9],[10] | 28,866 | [11],[12] | ||
Fair value | 15,864 | [9],[10] | 21,905 | [11],[12] | ||
Engineering Research & Consulting, LLC | ||||||
Schedule of Investments [Line Items] | ||||||
Cost | 15,864 | [6] | 16,132 | [7] | ||
Fair value | 16,134 | [6] | 16,469 | [7] | ||
Escalent, Inc. | ||||||
Schedule of Investments [Line Items] | ||||||
Cost | [6] | 26,248 | ||||
Fair value | [6] | 27,008 | ||||
Event Holdco, LLC | ||||||
Schedule of Investments [Line Items] | ||||||
Cost | 47,575 | [6] | 47,618 | [7] | ||
Fair value | 46,999 | [6] | 45,590 | [7] | ||
Flip Electronics LLC | ||||||
Schedule of Investments [Line Items] | ||||||
Cost | [7] | 11,588 | ||||
Fair value | [7] | 11,831 | ||||
Fuse, LLC | ||||||
Schedule of Investments [Line Items] | ||||||
Cost | 2,066 | [13] | 2,066 | [14] | ||
Fair value | 1,320 | [13] | 1,512 | [14] | ||
Garyline, LLC | ||||||
Schedule of Investments [Line Items] | ||||||
Cost | [6] | 31,979 | ||||
Fair value | [6] | 31,979 | ||||
GS HVAM Intermediate, LLC | ||||||
Schedule of Investments [Line Items] | ||||||
Cost | 13,314 | [6] | 12,864 | [7] | ||
Fair value | 13,339 | [6] | 12,876 | [7] | ||
GULF PACIFIC ACQUISITION, LLC | ||||||
Schedule of Investments [Line Items] | ||||||
Cost | 4,282 | [6] | 3,809 | [7] | ||
Fair value | 4,370 | [6] | 3,898 | [7] | ||
HDC/HW Intermediate Holdings | ||||||
Schedule of Investments [Line Items] | ||||||
Cost | 4,121 | [6] | 3,581 | [7] | ||
Fair value | 3,742 | [6] | 3,497 | [7] | ||
HEADLANDS OP-CO LLC | ||||||
Schedule of Investments [Line Items] | ||||||
Cost | 22,958 | [6] | 16,359 | [7] | ||
Fair value | 23,307 | [6] | 16,667 | [7] | ||
IG Parent Corporation | ||||||
Schedule of Investments [Line Items] | ||||||
Cost | 14,173 | [13] | 14,974 | [14] | ||
Fair value | 14,352 | [13] | 15,197 | [14] | ||
Imaging Business Machines, L.L.C. | ||||||
Schedule of Investments [Line Items] | ||||||
Cost | [6] | 22,883 | ||||
Fair value | [6] | 23,318 | ||||
Independent Pet Partners Intermediate Holdings, LLC | ||||||
Schedule of Investments [Line Items] | ||||||
Cost | [7] | 30,253 | ||||
Fair value | [7] | 15,429 | ||||
Industrial Services Acquisition, LLC | ||||||
Schedule of Investments [Line Items] | ||||||
Cost | 21,349 | [6] | 20,507 | [7] | ||
Fair value | 21,422 | [6] | 20,540 | [7] | ||
Infolinks Media Buyco, LLC | ||||||
Schedule of Investments [Line Items] | ||||||
Cost | 9,143 | [6] | 8,442 | [7] | ||
Fair value | 9,256 | [6] | 8,574 | [7] | ||
Insight Borrower Corporation | ||||||
Schedule of Investments [Line Items] | ||||||
Cost | [6] | 14,538 | ||||
Fair value | [6] | $ 14,787 | ||||
Inspire Aesthetics Management, LLC | ||||||
Schedule of Investments [Line Items] | ||||||
Reference Rate and Spread | 2% | |||||
Cost | [6] | $ 11,212 | ||||
Fair value | [6] | 11,080 | ||||
Interface Security Systems, L.L.C | ||||||
Schedule of Investments [Line Items] | ||||||
Cost | 9,072 | [6] | 8,919 | [7] | ||
Fair value | 2,212 | [6] | 2,764 | [7] | ||
Invincible Boat Company, LLC. | ||||||
Schedule of Investments [Line Items] | ||||||
Cost | 17,263 | [6] | 17,402 | [7] | ||
Fair value | 17,024 | [6] | 17,511 | [7] | ||
Isagenix International, LLC | ||||||
Schedule of Investments [Line Items] | ||||||
Cost | [13] | 2,374 | ||||
Fair value | [13] | 2,301 | ||||
Jackmont Hospitality, Inc. | ||||||
Schedule of Investments [Line Items] | ||||||
Cost | 2,907 | [6] | 2,685 | [7] | ||
Fair value | 3,899 | [6] | 3,202 | [7] | ||
Joerns Healthcare, LLC | ||||||
Schedule of Investments [Line Items] | ||||||
Cost | 10,857 | [13] | 10,723 | [14] | ||
Fair value | 2,354 | [13] | 2,801 | [14] | ||
JTI Electrical & Mechanical, LLC | ||||||
Schedule of Investments [Line Items] | ||||||
Cost | 40,282 | [6] | 37,907 | [7] | ||
Fair value | 40,847 | [6] | 39,652 | [7] | ||
KMS, LLC | ||||||
Schedule of Investments [Line Items] | ||||||
Cost | 8,367 | [6] | 8,410 | [7] | ||
Fair value | 7,725 | [6] | 8,017 | [7] | ||
LL Management, Inc. | ||||||
Schedule of Investments [Line Items] | ||||||
Cost | 27,678 | [6] | 27,980 | [7] | ||
Fair value | 27,759 | [6] | 27,926 | [7] | ||
Mako Steel, LP | ||||||
Schedule of Investments [Line Items] | ||||||
Cost | 14,886 | [6] | 18,185 | [7] | ||
Fair value | 15,049 | [6] | 18,307 | [7] | ||
MB2 Dental Solutions, LLC | ||||||
Schedule of Investments [Line Items] | ||||||
Cost | 17,851 | [13] | 16,051 | [14] | ||
Fair value | 17,988 | [13] | 16,214 | [14] | ||
Microbe Formulas, LLC | ||||||
Schedule of Investments [Line Items] | ||||||
Cost | 21,804 | [6] | 25,556 | [7] | ||
Fair value | 22,117 | [6] | 25,118 | [7] | ||
Mini Melts of America, LLC | ||||||
Schedule of Investments [Line Items] | ||||||
Cost | [6] | 10,047 | ||||
Fair value | [6] | 10,047 | ||||
MonitorUS Holding, LLC | ||||||
Schedule of Investments [Line Items] | ||||||
Cost | 31,783 | [6],[9],[15] | 27,494 | [7],[11],[17] | ||
Fair value | 32,993 | [6],[9],[15] | 28,577 | [7],[11],[17] | ||
NinjaTrader, LLC | ||||||
Schedule of Investments [Line Items] | ||||||
Cost | 27,335 | [6] | 21,379 | [7] | ||
Fair value | 27,681 | [6] | 21,628 | [7] | ||
NWN Corporation | ||||||
Schedule of Investments [Line Items] | ||||||
Cost | [7] | 49,085 | ||||
Fair value | [7] | 47,530 | ||||
Paragon Healthcare, Inc. | ||||||
Schedule of Investments [Line Items] | ||||||
Cost | 21,321 | [6] | 20,898 | [7] | ||
Fair value | 21,676 | [6] | 21,118 | [7] | ||
Power System Solutions | ||||||
Schedule of Investments [Line Items] | ||||||
Cost | [6] | 19,000 | ||||
Fair value | [6] | 19,414 | ||||
PrimeFlight Aviation Services | ||||||
Schedule of Investments [Line Items] | ||||||
Cost | [6] | 8,488 | ||||
Fair value | [6] | 8,720 | ||||
Project Eagle Holdings, LLC | ||||||
Schedule of Investments [Line Items] | ||||||
Cost | [7] | 29,022 | ||||
Fair value | [7] | 29,401 | ||||
PTL US Bidco, Inc | ||||||
Schedule of Investments [Line Items] | ||||||
Cost | 28,969 | [6],[9],[15],[16] | 27,575 | [7],[11],[17] | ||
Fair value | 29,261 | [6],[9],[15],[16] | 27,737 | [7],[11],[17] | ||
Purge Rite, LLC | ||||||
Schedule of Investments [Line Items] | ||||||
Cost | [6] | 12,844 | ||||
Fair value | [6] | 12,844 | ||||
RA Outdoors LLC | ||||||
Schedule of Investments [Line Items] | ||||||
Cost | 14,096 | [6] | 13,230 | [7] | ||
Fair value | 13,284 | [6] | 12,083 | [7] | ||
RM Bidder, LLC | ||||||
Schedule of Investments [Line Items] | ||||||
Cost | [7] | 471 | ||||
Fair value | [7] | 19 | ||||
Richardson Sales Solutions | ||||||
Schedule of Investments [Line Items] | ||||||
Cost | [6] | 41,945 | ||||
Fair value | [6] | 42,485 | ||||
Roof Opco, LLC | ||||||
Schedule of Investments [Line Items] | ||||||
Cost | 6,648 | [6] | 5,716 | [7] | ||
Fair value | 6,580 | [6] | 5,817 | [7] | ||
RTIC Subsidiary Holdings, LLC | ||||||
Schedule of Investments [Line Items] | ||||||
Cost | 15,368 | [6] | 17,849 | [7] | ||
Fair value | 15,044 | [6] | 16,625 | [7] | ||
Rug Doctor, LLC. | ||||||
Schedule of Investments [Line Items] | ||||||
Cost | 13,808 | [6] | 13,813 | [7] | ||
Fair value | 13,830 | [6] | 12,515 | [7] | ||
SIB Holdings, LLC | ||||||
Schedule of Investments [Line Items] | ||||||
Cost | [7] | 9,761 | ||||
Fair value | [7] | 9,123 | ||||
South Coast Terminals Holdings, LLC | ||||||
Schedule of Investments [Line Items] | ||||||
Cost | 35,730 | [6] | 41,396 | [7] | ||
Fair value | 36,116 | [6] | 42,500 | [7] | ||
SPAU Holdings, LLC | ||||||
Schedule of Investments [Line Items] | ||||||
Cost | 16,100 | [6] | 16,223 | [7] | ||
Fair value | 16,228 | [6] | 16,510 | [7] | ||
Stellant Systems, Inc. | ||||||
Schedule of Investments [Line Items] | ||||||
Cost | [13] | 16,192 | ||||
Fair value | [13] | 16,504 | ||||
U.S. TelePacific Corp. | ||||||
Schedule of Investments [Line Items] | ||||||
Cost | [13] | 3,605 | ||||
Fair value | [13] | 3,333 | ||||
USA DeBusk LLC | ||||||
Schedule of Investments [Line Items] | ||||||
Cost | [6] | 36,280 | ||||
Fair value | [6] | 36,807 | ||||
Veregy Consolidated, Inc. | ||||||
Schedule of Investments [Line Items] | ||||||
Cost | 16,787 | [13] | 16,751 | [14] | ||
Fair value | 15,367 | [13] | 14,849 | [14] | ||
Wall Street Prep, Inc. | ||||||
Schedule of Investments [Line Items] | ||||||
Cost | 4,081 | [6] | 4,567 | [7] | ||
Fair value | 4,450 | [6] | 4,560 | [7] | ||
Watterson Brands, LLC | ||||||
Schedule of Investments [Line Items] | ||||||
Cost | 30,510 | [6] | 29,286 | [7] | ||
Fair value | 30,832 | [6] | 29,708 | [7] | ||
West Star Aviation Acquisition, LLC | ||||||
Schedule of Investments [Line Items] | ||||||
Cost | 19,617 | [6] | 12,129 | [7] | ||
Fair value | 21,356 | [6] | 12,615 | [7] | ||
Winter Services LLC | ||||||
Schedule of Investments [Line Items] | ||||||
Cost | 13,427 | [6] | 9,797 | [7] | ||
Fair value | 13,589 | [6] | 9,975 | [7] | ||
Xenon Arc, Inc. | ||||||
Schedule of Investments [Line Items] | ||||||
Cost | 60,886 | [6] | 61,337 | [7] | ||
Fair value | 61,885 | [6] | 61,968 | [7] | ||
Zips Car Wash, LLC | ||||||
Schedule of Investments [Line Items] | ||||||
Cost | 21,573 | [6] | 21,639 | [7] | ||
Fair value | 20,447 | [6] | 21,891 | [7] | ||
Control investments | ||||||
Schedule of Investments [Line Items] | ||||||
Cost | 1,435,131 | [1],[18] | 1,270,802 | [2],[19] | ||
Fair value | $ 2,006,698 | [3],[18] | $ 1,703,172 | [4],[19] | $ 1,489,257 | |
Investment owned, percent of net assets (as a percent) | 81% | 80.80% | ||||
Affiliate investments | ||||||
Schedule of Investments [Line Items] | ||||||
Cost | $ 575,894 | [1],[20] | $ 635,536 | [2],[21] | ||
Fair value | $ 615,002 | [3],[20] | $ 618,359 | [4],[21] | 549,214 | |
Investment owned, percent of net assets (as a percent) | 24.80% | 29.30% | [22],[23] | |||
Non‑Control/Non‑Affiliate investments | ||||||
Schedule of Investments [Line Items] | ||||||
Cost | $ 1,714,935 | [1],[24] | $ 1,867,414 | [2],[25] | ||
Fair value | $ 1,664,571 | [3],[24] | $ 1,780,646 | [4],[25] | ||
Investment owned, percent of net assets (as a percent) | 67.20% | 84.40% | ||||
Investment, Identifier [Axis]: 2717 MH, L.P., (2717 MH,L.P.) | ||||||
Schedule of Investments [Line Items] | ||||||
Fair value | $ 6,050 | $ 7,552 | ||||
Investment, Identifier [Axis]: 2717 MH, L.P., LP Interests (2717 HPP-MS, L.P.) | ||||||
Schedule of Investments [Line Items] | ||||||
Fair value | 315 | 248 | 0 | |||
Investment, Identifier [Axis]: 2717 MH, L.P., LP Interests (2717 MH, L.P.) | ||||||
Schedule of Investments [Line Items] | ||||||
Fair value | 7,552 | 3,971 | ||||
Investment, Identifier [Axis]: 423 HAR, LP, LP Interests (423 HAR, L.P.) | ||||||
Schedule of Investments [Line Items] | ||||||
Fair value | $ 996 | $ 0 | ||||
Investment, Identifier [Axis]: AAC Holdings, Inc., Common Stock | ||||||
Schedule of Investments [Line Items] | ||||||
Units (in shares) | 593,928 | [13] | 593,928 | [14] | ||
Cost | $ 3,148 | [13] | $ 3,148 | [14] | ||
Fair value | $ 0 | [13] | $ 0 | [14] | 2,079 | |
Investment, Identifier [Axis]: AAC Holdings, Inc., Secured Debt | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [14] | 18% | ||||
PIK Rate | [14] | 18% | ||||
Principal | [14] | $ 11,726 | ||||
Cost | [14] | 11,590 | ||||
Fair value | 11,550 | [14] | 9,794 | |||
Investment, Identifier [Axis]: AAC Holdings, Inc., Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [13] | 18% | ||||
PIK Rate | [13] | 18% | ||||
Principal | [13] | $ 423 | ||||
Cost | [13] | 419 | ||||
Fair value | $ 418 | [13] | 0 | |||
Investment, Identifier [Axis]: AAC Holdings, Inc., Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [13] | 18% | ||||
PIK Rate | [13] | 18% | ||||
Principal | [13] | $ 14,053 | ||||
Cost | [13] | 13,970 | ||||
Fair value | $ 13,895 | [13] | $ 11,550 | |||
Investment, Identifier [Axis]: AAC Holdings, Inc., Warrants | ||||||
Schedule of Investments [Line Items] | ||||||
Units (in shares) | 554,353 | [13],[26] | 554,353 | [14],[27] | ||
Cost | $ 0 | [13],[26] | $ 0 | [14],[27] | ||
Fair value | $ 0 | [13],[26] | $ 0 | [14],[27] | 1,940 | |
Investment, Identifier [Axis]: AB Centers Acquisition Corporation, Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Reference Rate and Spread | 5% | [6],[16],[28] | 6% | [7],[29],[30],[31] | ||
Principal | $ 0 | [6],[16],[28] | $ 0 | [7],[29],[30],[31] | ||
Cost | (62) | [6],[16],[28] | (39) | [7],[29],[30],[31] | ||
Fair value | $ 0 | [6],[16],[28] | $ (39) | [7],[29],[30],[31] | ||
Investment, Identifier [Axis]: AB Centers Acquisition Corporation, Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 11.43% | [6],[16] | 10.20% | [7],[29],[31] | ||
Reference Rate and Spread | 6% | [6],[16] | 6% | [7],[29],[31] | ||
Principal | $ 1,921 | [6],[16] | $ 741 | [7],[29],[31] | ||
Cost | 1,894 | [6],[16] | 653 | [7],[29],[31] | ||
Fair value | $ 1,921 | [6],[16] | $ 741 | [7],[29],[31] | ||
Investment, Identifier [Axis]: AB Centers Acquisition Corporation, Secured Debt 3 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 11.43% | [6],[16] | 10.58% | [7],[29],[31] | ||
Reference Rate and Spread | 6% | [6],[16] | 6% | [7],[29],[31] | ||
Principal | $ 19,817 | [6],[16] | $ 17,052 | [7],[29],[31] | ||
Cost | 19,303 | [6],[16] | 16,602 | [7],[29],[31] | ||
Fair value | $ 19,817 | [6],[16] | $ 17,052 | [7],[29],[31] | ||
Investment, Identifier [Axis]: AB Centers Acquisition Corporation, Secured Debt 4 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [6],[16] | 11.43% | ||||
Reference Rate and Spread | [6],[16] | 6% | ||||
Principal | [6],[16] | $ 1,372 | ||||
Cost | [6],[16] | 1,305 | ||||
Fair value | [6],[16] | $ 1,372 | ||||
Investment, Identifier [Axis]: ADS Tactical, Inc., Secured Debt | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 11.22% | [13],[16] | 10.14% | [14],[31] | ||
Reference Rate and Spread | 5.75% | [13],[16] | 5.75% | [14],[31] | ||
Principal | $ 10,952 | [13],[16] | $ 21,077 | [14],[31] | ||
Cost | 10,856 | [13],[16] | 20,781 | [14],[31] | ||
Fair value | 10,860 | [13],[16] | $ 18,969 | [14],[31] | ||
Investment, Identifier [Axis]: AFG Capital Group, LLC, Preferred Member Units | ||||||
Schedule of Investments [Line Items] | ||||||
Units (in shares) | [32] | 186 | ||||
Cost | [32] | $ 1,200 | ||||
Fair value | $ 0 | 9,400 | [32] | 7,740 | ||
Investment, Identifier [Axis]: AFG Capital Group, LLC, Secured Debt | ||||||
Schedule of Investments [Line Items] | ||||||
Fair value | $ 0 | 144 | ||||
Investment, Identifier [Axis]: AMEREQUIP LLC., Common Stock | ||||||
Schedule of Investments [Line Items] | ||||||
Units (in shares) | 235 | [6],[8] | 235 | [7] | ||
Cost | $ 1,844 | [6],[8] | $ 1,779 | [7] | ||
Fair value | $ 2,120 | [6],[8] | $ 1,779 | [7] | ||
Investment, Identifier [Axis]: AMEREQUIP LLC., Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Reference Rate and Spread | 7.40% | [6],[16],[28] | 7.40% | [7],[29],[30],[31] | ||
Principal | $ 0 | [6],[16],[28] | $ 0 | [7],[29],[30],[31] | ||
Cost | (108) | [6],[16],[28] | (137) | [7],[29],[30],[31] | ||
Fair value | $ (108) | [6],[16],[28] | $ (137) | [7],[29],[30],[31] | ||
Investment, Identifier [Axis]: AMEREQUIP LLC., Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 12.76% | [6],[16] | 11.72% | [7],[29],[31] | ||
Reference Rate and Spread | 7.40% | [6],[16] | 7.40% | [7],[29],[31] | ||
Principal | $ 28,422 | [6],[16] | $ 37,491 | [7],[29],[31] | ||
Cost | 28,018 | [6],[16] | 36,819 | [7],[29],[31] | ||
Fair value | $ 28,422 | [6],[16] | $ 37,463 | [7],[29],[31] | ||
Investment, Identifier [Axis]: ASC Interests, LLC, Member Units | ||||||
Schedule of Investments [Line Items] | ||||||
Units (in shares) | 1,500 | 1,500 | ||||
Cost | $ 1,500 | $ 1,500 | ||||
Fair value | $ 100 | 800 | 720 | |||
Investment, Identifier [Axis]: ASC Interests, LLC, Preferred Member Units | ||||||
Schedule of Investments [Line Items] | ||||||
Units (in shares) | 178 | |||||
Cost | $ 178 | |||||
Fair value | $ 266 | $ 0 | ||||
Investment, Identifier [Axis]: ASC Interests, LLC, Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 13% | 13% | ||||
Principal | $ 400 | $ 400 | ||||
Cost | 400 | 400 | ||||
Fair value | $ 400 | $ 400 | 200 | |||
Investment, Identifier [Axis]: ASC Interests, LLC, Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 13% | 13% | ||||
Principal | $ 1,650 | $ 1,650 | ||||
Cost | 1,649 | 1,649 | ||||
Fair value | 1,597 | 1,649 | 1,636 | |||
Investment, Identifier [Axis]: ASC Interests, Member Units | ||||||
Schedule of Investments [Line Items] | ||||||
Fair value | $ 100 | $ 800 | ||||
Investment, Identifier [Axis]: ATS Operating, LLC, Common Stock | ||||||
Schedule of Investments [Line Items] | ||||||
Units (in shares) | 720,000 | [6] | 720,000 | [7] | ||
Cost | $ 720 | [6] | $ 720 | [7] | ||
Fair value | $ 670 | [6] | $ 660 | [7] | ||
Investment, Identifier [Axis]: ATS Operating, LLC, Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [6],[16] | 12.16% | ||||
Reference Rate and Spread | 6.50% | [6],[16] | 5.50% | [7],[29],[30],[31] | ||
Principal | $ 360 | [6],[16] | $ 0 | [7],[29],[30],[31] | ||
Cost | 360 | [6],[16] | 0 | [7],[29],[30],[31] | ||
Fair value | $ 360 | [6],[16] | $ 0 | [7],[29],[30],[31] | ||
Investment, Identifier [Axis]: ATS Operating, LLC, Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 11.16% | [6],[16] | 9.32% | [7],[29],[31] | ||
Reference Rate and Spread | 5.50% | [6],[16] | 5.50% | [7],[29],[31] | ||
Principal | $ 6,660 | [6],[16] | $ 6,660 | [7],[29],[31] | ||
Cost | 6,660 | [6],[16] | 6,660 | [7],[29],[31] | ||
Fair value | $ 6,660 | [6],[16] | $ 6,582 | [7],[29],[31] | ||
Investment, Identifier [Axis]: ATS Operating, LLC, Secured Debt 3 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 13.16% | [6],[16] | 11.32% | [7],[29],[31] | ||
Reference Rate and Spread | 7.50% | [6],[16] | 7.50% | [7],[29],[31] | ||
Principal | $ 6,660 | [6],[16] | $ 6,660 | [7],[29],[31] | ||
Cost | 6,660 | [6],[16] | 6,660 | [7],[29],[31] | ||
Fair value | $ 6,660 | [6],[16] | $ 6,593 | [7],[29],[31] | ||
Investment, Identifier [Axis]: ATS Workholding, LLC, Preferred Member Units | ||||||
Schedule of Investments [Line Items] | ||||||
Units (in shares) | 3,725,862 | [6] | 3,725,862 | [7] | ||
Cost | $ 3,726 | [6] | $ 3,726 | [7],[33] | ||
Fair value | $ 0 | [6] | $ 0 | [7],[33] | 0 | |
Investment, Identifier [Axis]: ATS Workholding, LLC, Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 5% | [6],[34] | 5% | [7],[33] | ||
Principal | $ 2,090 | [6],[34] | $ 1,901 | [7],[33] | ||
Cost | 2,080 | [6],[34] | 1,901 | [7],[33] | ||
Fair value | $ 328 | [6],[34] | $ 634 | [7],[33] | 1,088 | |
Investment, Identifier [Axis]: ATS Workholding, LLC, Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 5% | [6],[34] | 5% | [7],[33] | ||
Principal | $ 3,015 | [6],[34] | $ 3,015 | [7],[33] | ||
Cost | 2,841 | [6],[34] | 2,857 | [7],[33] | ||
Fair value | 473 | [6],[34] | $ 1,005 | [7],[33] | 1,917 | |
Investment, Identifier [Axis]: ATX Networks Corp., Common Stock | ||||||
Schedule of Investments [Line Items] | ||||||
Units (in shares) | [14] | 583 | ||||
Cost | [14] | $ 0 | ||||
Fair value | $ 0 | $ 3,270 | [14] | 0 | ||
Investment, Identifier [Axis]: ATX Networks Corp., Secured Debt | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [14],[31] | 12.23% | ||||
Reference Rate and Spread | 7.50% | 7.50% | [14],[31] | |||
Principal | [14],[31] | $ 6,783 | ||||
Cost | [14],[31] | 6,208 | ||||
Fair value | $ 0 | $ 6,343 | [14],[31] | 7,092 | ||
Investment, Identifier [Axis]: ATX Networks Corp., Unsecured Debt | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 10% | 10% | [14] | |||
PIK Rate | [14] | 10% | ||||
Principal | [14] | $ 3,396 | ||||
Cost | [14] | 2,291 | ||||
Fair value | $ 0 | $ 2,598 | [14] | 1,963 | ||
Investment, Identifier [Axis]: AVEX Aviation Holdings, LLC, Common Equity | ||||||
Schedule of Investments [Line Items] | ||||||
Units (in shares) | 984 | [6],[8] | 360 | [7] | ||
Cost | $ 965 | [6],[8] | $ 360 | [7] | ||
Fair value | $ 892 | [6],[8] | $ 406 | [7] | ||
Investment, Identifier [Axis]: AVEX Aviation Holdings, LLC, Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Reference Rate and Spread | 7.25% | [6],[16],[28] | 7.25% | [7],[29],[30],[31] | ||
Principal | $ 0 | [6],[16],[28] | $ 0 | [7],[29],[30],[31] | ||
Cost | (120) | [6],[16],[28] | (57) | [7],[29],[30],[31] | ||
Fair value | $ (38) | [6],[16],[28] | $ (57) | [7],[29],[30],[31] | ||
Investment, Identifier [Axis]: AVEX Aviation Holdings, LLC, Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 12.76% | [6],[16] | 12.17% | [7],[29],[31] | ||
Reference Rate and Spread | 7.25% | [6],[16] | 7.25% | [7],[29],[31] | ||
Principal | $ 24,602 | [6],[16] | $ 29,071 | [7],[29],[31] | ||
Cost | 23,816 | [6],[16] | 27,927 | [7],[29],[31] | ||
Fair value | $ 24,080 | [6],[16] | $ 27,927 | [7],[29],[31] | ||
Investment, Identifier [Axis]: Acousti Engineering Company of Florida, Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [7],[31] | 13.23% | ||||
Reference Rate and Spread | [7],[31] | 8.50% | ||||
Principal | [7],[31] | $ 1,678 | ||||
Cost | [7],[31] | 1,669 | ||||
Fair value | [7],[31] | $ 1,678 | ||||
Investment, Identifier [Axis]: Acousti Engineering Company of Florida, Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [7],[31] | 13.23% | ||||
Reference Rate and Spread | [7],[31] | 8.50% | ||||
Principal | [7],[31] | $ 9,891 | ||||
Cost | [7],[31] | 9,825 | ||||
Fair value | [7],[31] | $ 9,891 | ||||
Investment, Identifier [Axis]: Acousti Engineering Company of Florida, Secured Debt 3 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [7],[31] | 16.17% | ||||
Reference Rate and Spread | [7],[31] | 12.50% | ||||
Principal | [7],[31] | $ 807 | ||||
Cost | [7],[31] | 800 | ||||
Fair value | [7],[31] | $ 807 | ||||
Investment, Identifier [Axis]: Acumera, Inc., Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [7],[31] | 13.88% | ||||
Reference Rate and Spread | 7.50% | [6],[16],[28] | 9.50% | [7],[31] | ||
Principal | $ 0 | [6],[16],[28] | $ 14,618 | [7],[31] | ||
Cost | (2) | [6],[16],[28] | 14,291 | [7],[31] | ||
Fair value | $ (2) | [6],[16],[28] | $ 14,618 | [7],[31] | ||
Investment, Identifier [Axis]: Acumera, Inc., Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 12.98% | [6],[16] | 13.57% | [7],[31] | ||
Reference Rate and Spread | 7.50% | [6],[16] | 9% | [7],[31] | ||
Principal | $ 24,796 | [6],[16] | $ 4,368 | [7],[31] | ||
Cost | 24,526 | [6],[16] | 4,270 | [7],[31] | ||
Fair value | $ 24,796 | [6],[16] | $ 4,368 | [7],[31] | ||
Investment, Identifier [Axis]: Acumera, Inc., Warrants | ||||||
Schedule of Investments [Line Items] | ||||||
Units (in shares) | [6],[35] | 17,525 | ||||
Cost | [6],[35] | $ 0 | ||||
Fair value | [6],[35] | $ 110 | ||||
Investment, Identifier [Axis]: Adams Publishing Group, LLC, Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 11% | [6],[16],[36] | 10% | [7],[31],[37] | ||
Reference Rate and Spread | 7% | [6],[16],[36] | 6% | [7],[31],[37] | ||
PIK Rate | [6],[16],[36] | 1% | ||||
Principal | $ 7,841 | [6],[16],[36] | $ 4,729 | [7],[31],[37] | ||
Cost | 7,841 | [6],[16],[36] | 4,729 | [7],[31],[37] | ||
Fair value | $ 7,684 | [6],[16],[36] | $ 4,729 | [7],[31],[37] | ||
Investment, Identifier [Axis]: Adams Publishing Group, LLC, Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 11% | [6],[16],[36] | 10% | [7],[31],[37] | ||
Reference Rate and Spread | 7% | [6],[16],[36] | 7.50% | [7],[31],[37] | ||
PIK Rate | [6],[16],[36] | 1% | ||||
Principal | $ 21,207 | [6],[16],[36] | $ 24,086 | [7],[31],[37] | ||
Cost | 21,168 | [6],[16],[36] | 24,033 | [7],[31],[37] | ||
Fair value | $ 20,784 | [6],[16],[36] | $ 24,086 | [7],[31],[37] | ||
Investment, Identifier [Axis]: American Health Staffing Group, Inc., Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Reference Rate and Spread | 5% | [6],[16],[28] | 6% | [7],[30],[31] | ||
Principal | $ 0 | [6],[16],[28] | $ 0 | [7],[30],[31] | ||
Cost | (8) | [6],[16],[28] | (10) | [7],[30],[31] | ||
Fair value | $ (8) | [6],[16],[28] | $ (10) | [7],[30],[31] | ||
Investment, Identifier [Axis]: American Health Staffing Group, Inc., Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 13.50% | [6],[16] | 11.12% | [7],[31] | ||
Reference Rate and Spread | 5% | [6],[16] | 6% | [7],[31] | ||
Principal | $ 6,550 | [6],[16] | $ 6,617 | [7],[31] | ||
Cost | 6,512 | [6],[16] | 6,565 | [7],[31] | ||
Fair value | $ 6,550 | [6],[16] | $ 6,617 | [7],[31] | ||
Investment, Identifier [Axis]: American Nuts, LLC, Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 15.29% | [6],[16] | 10.46% | [7],[29],[31] | ||
Reference Rate and Spread | 9.75% | [6],[16] | 6.75% | [7],[29],[31] | ||
PIK Rate | [6],[16] | 15.29% | ||||
Principal | $ 6,462 | [6],[16] | $ 15,628 | [7],[29],[31] | ||
Cost | 6,413 | [6],[16] | 15,408 | [7],[29],[31] | ||
Fair value | $ 5,495 | [6],[16] | $ 14,606 | [7],[29],[31] | ||
Investment, Identifier [Axis]: American Nuts, LLC, Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 15.29% | [6],[16] | 12.46% | [7],[29],[31] | ||
Reference Rate and Spread | 9.75% | [6],[16] | 8.75% | [7],[29],[31] | ||
PIK Rate | [6],[16] | 15.29% | ||||
Principal | $ 10,507 | [6],[16] | $ 15,628 | [7],[29],[31] | ||
Cost | 10,413 | [6],[16] | 15,408 | [7],[29],[31] | ||
Fair value | $ 8,922 | [6],[16] | $ 14,654 | [7],[29],[31] | ||
Investment, Identifier [Axis]: American Nuts, LLC, Secured Debt 3 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [6],[16],[34] | 17.29% | ||||
Reference Rate and Spread | [6],[16],[34] | 11.75% | ||||
PIK Rate | [6],[16],[34] | 17.29% | ||||
Principal | [6],[16],[34] | $ 5,705 | ||||
Cost | [6],[16],[34] | 5,645 | ||||
Fair value | [6],[16],[34] | $ 3,369 | ||||
Investment, Identifier [Axis]: American Nuts, LLC, Secured Debt 4 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [6],[16],[34] | 17.29% | ||||
Reference Rate and Spread | [6],[16],[34] | 11.75% | ||||
PIK Rate | [6],[16],[34] | 17.29% | ||||
Principal | [6],[16],[34] | $ 9,283 | ||||
Cost | [6],[16],[34] | 9,169 | ||||
Fair value | [6],[16],[34] | 5,482 | ||||
Investment, Identifier [Axis]: American Teleconferencing Services, Ltd., Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [14],[33] | 7.50% | ||||
Reference Rate and Spread | [14],[33] | 6.50% | ||||
Principal | 2,980 | [13],[34],[38] | $ 2,980 | [14],[33] | ||
Cost | 2,980 | [13],[34],[38] | 2,980 | [14],[33] | ||
Fair value | 134 | [13],[34],[38] | $ 168 | [14],[33] | ||
Investment, Identifier [Axis]: American Teleconferencing Services, Ltd., Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [14],[31],[33] | 7.50% | ||||
Reference Rate and Spread | [14],[31],[33] | 6.50% | ||||
Principal | 14,370 | [13],[34],[38] | $ 14,370 | [14],[31],[33] | ||
Cost | 13,706 | [13],[34],[38] | 13,706 | [14],[31],[33] | ||
Fair value | 647 | [13],[34],[38] | 808 | [14],[31],[33] | ||
Investment, Identifier [Axis]: Amounts related to investments transferred to or from other 1940 Act classification during the period, Affiliate Investments | ||||||
Schedule of Investments [Line Items] | ||||||
Fair value | 0 | (625) | ||||
Investment, Identifier [Axis]: Amounts related to investments transferred to or from other 1940 Act classification during the period, Affiliate Investments.1 | ||||||
Schedule of Investments [Line Items] | ||||||
Fair value | 0 | (15,962) | ||||
Investment, Identifier [Axis]: Amounts related to investments transferred to or from other 1940 Act classification during the period, Control Investments | ||||||
Schedule of Investments [Line Items] | ||||||
Fair value | $ 0 | 625 | ||||
Investment, Identifier [Axis]: Amounts related to investments transferred to or from other 1940 Act classification during the period, Control Investments.1 | ||||||
Schedule of Investments [Line Items] | ||||||
Fair value | $ 0 | 6,123 | ||||
Investment, Identifier [Axis]: Analytical Systems Keco Holdings, LLC, Preferred Member Units 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Units (in shares) | 2,427 | 2,427 | ||||
Cost | $ 2,427 | $ 2,427 | ||||
Fair value | $ 4,860 | $ 3,504 | ||||
Investment, Identifier [Axis]: Analytical Systems Keco Holdings, LLC, Preferred Member Units 1.1 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 14.13% | 14.13% | ||||
Fair value | $ 0 | $ 0 | 0 | |||
Investment, Identifier [Axis]: Analytical Systems Keco Holdings, LLC, Preferred Member Units 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Units (in shares) | 3,200 | 3,200 | ||||
Total Rate | 14.13% | 14.13% | ||||
Cost | $ 3,200 | $ 3,200 | ||||
Fair value | 0 | 0 | ||||
Investment, Identifier [Axis]: Analytical Systems Keco Holdings, LLC, Preferred Member Units 2.1 | ||||||
Schedule of Investments [Line Items] | ||||||
Fair value | $ 4,860 | $ 3,504 | 4,894 | |||
Investment, Identifier [Axis]: Analytical Systems Keco Holdings, LLC, Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [16] | 15.38% | ||||
Reference Rate and Spread | 10% | [16] | 10% | [30],[31] | ||
Principal | $ 220 | [16] | $ 0 | [30],[31] | ||
Cost | 219 | [16] | (3) | [30],[31] | ||
Fair value | $ 219 | [16] | $ (3) | [30],[31] | (4) | |
Investment, Identifier [Axis]: Analytical Systems Keco Holdings, LLC, Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 15.38% | [16] | 14.13% | [31] | ||
Reference Rate and Spread | 10% | [16] | 10% | [31] | ||
Principal | $ 4,125 | [16] | $ 4,665 | [31] | ||
Cost | 4,084 | [16] | 4,545 | [31] | ||
Fair value | $ 4,084 | [16] | $ 4,545 | [31] | 4,740 | |
Investment, Identifier [Axis]: Analytical Systems Keco Holdings, LLC, Warrants | ||||||
Schedule of Investments [Line Items] | ||||||
Units (in shares) | 420 | [26] | 420 | [27] | ||
Cost | $ 316 | [26] | $ 316 | [27] | ||
Fair value | $ 0 | [26] | $ 0 | [27] | 0 | |
Investment, Identifier [Axis]: ArborWorks, LLC, Common Equity | ||||||
Schedule of Investments [Line Items] | ||||||
Units (in shares) | 3,898 | [6] | 234 | [7] | ||
Cost | $ 234 | [6] | $ 234 | [7] | ||
Fair value | $ 0 | [6] | $ 0 | [7] | ||
Investment, Identifier [Axis]: ArborWorks, LLC, Preferred Equity 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Units (in shares) | [6] | 32,507 | ||||
Cost | [6] | $ 14,060 | ||||
Fair value | [6] | $ 14,060 | ||||
Investment, Identifier [Axis]: ArborWorks, LLC, Preferred Equity 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Units (in shares) | [6] | 32,507 | ||||
Cost | [6] | $ 0 | ||||
Fair value | [6] | $ 0 | ||||
Investment, Identifier [Axis]: ArborWorks, LLC, Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 15% | [6] | 13.41% | [7],[31] | ||
Reference Rate and Spread | [7],[31] | 9% | ||||
PIK Rate | [6] | 15% | ||||
Principal | $ 1,907 | [6] | $ 4,678 | [7],[31] | ||
Cost | 1,907 | [6] | 4,569 | [7],[31] | ||
Fair value | $ 1,907 | [6] | $ 3,945 | [7],[31] | ||
Investment, Identifier [Axis]: ArborWorks, LLC, Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 12.04% | [6],[16] | 13.56% | [7],[31] | ||
Reference Rate and Spread | 6.50% | [6],[16] | 9% | [7],[31] | ||
PIK Rate | [6],[16] | 12.04% | ||||
Principal | $ 7,149 | [6],[16] | $ 29,722 | [7],[31] | ||
Cost | 7,149 | [6],[16] | 29,261 | [7],[31] | ||
Fair value | $ 7,149 | [6],[16] | $ 25,065 | [7],[31] | ||
Investment, Identifier [Axis]: Archer Systems, LLC, Common Stock | ||||||
Schedule of Investments [Line Items] | ||||||
Units (in shares) | 1,387,832 | [6] | 1,387,832 | [7] | ||
Cost | $ 1,388 | [6] | $ 1,388 | [7] | ||
Fair value | 2,230 | [6] | $ 1,388 | [7] | ||
Investment, Identifier [Axis]: Archer Systems, LLC, Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Reference Rate and Spread | [7],[29],[30],[31] | 6.50% | ||||
Principal | [7],[29],[30],[31] | $ 0 | ||||
Cost | [7],[29],[30],[31] | (135) | ||||
Fair value | [7],[29],[30],[31] | $ (135) | ||||
Investment, Identifier [Axis]: Archer Systems, LLC, Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [7],[29],[31] | 10.92% | ||||
Reference Rate and Spread | [7],[29],[31] | 6.50% | ||||
Principal | [7],[29],[31] | $ 67,597 | ||||
Cost | [7],[29],[31] | 66,330 | ||||
Fair value | [7],[29],[31] | $ 66,511 | ||||
Investment, Identifier [Axis]: Arrow International, Inc, Secured Debt | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [7],[29],[31],[39] | 10.36% | ||||
Reference Rate and Spread | [7],[29],[31],[39] | 6.60% | ||||
Principal | [7],[29],[31],[39] | $ 36,000 | ||||
Cost | [7],[29],[31],[39] | 35,737 | ||||
Fair value | [7],[29],[31],[39] | $ 36,000 | ||||
Investment, Identifier [Axis]: BBB Tank Services, LLC, Member Units | ||||||
Schedule of Investments [Line Items] | ||||||
Units (in shares) | 800,000 | |||||
Cost | $ 800 | |||||
Fair value | $ 0 | $ 0 | 0 | |||
Investment, Identifier [Axis]: BBB Tank Services, LLC, Preferred Stock (non-voting) | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 15% | |||||
PIK Rate | 15% | |||||
Cost | $ 162 | |||||
Fair value | $ 0 | $ 0 | 0 | |||
Investment, Identifier [Axis]: BBB Tank Services, LLC, Unsecured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [31],[40] | 15.12% | ||||
Reference Rate and Spread | 11% | 11% | [31],[40] | |||
Principal | [31],[40] | $ 800 | ||||
Cost | [31],[40] | 800 | ||||
Fair value | $ 0 | $ 800 | [31],[40] | 800 | ||
Investment, Identifier [Axis]: BBB Tank Services, LLC, Unsecured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [31],[40] | 15.12% | ||||
Reference Rate and Spread | 11% | 11% | [31],[40] | |||
Principal | [31],[40] | $ 4,000 | ||||
Cost | [31],[40] | 4,000 | ||||
Fair value | $ 0 | $ 2,086 | [31],[40] | 1,707 | ||
Investment, Identifier [Axis]: Barfly Ventures, LLC, Member Units | ||||||
Schedule of Investments [Line Items] | ||||||
Units (in shares) | 37 | [6] | 37 | [7] | ||
Cost | $ 1,584 | [6] | $ 1,584 | [7] | ||
Fair value | $ 4,140 | [6] | $ 3,320 | [7] | 1,930 | |
Investment, Identifier [Axis]: Barfly Ventures, LLC, Secured Debt | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 7% | [6] | 7% | [7] | ||
Principal | $ 711 | [6] | $ 711 | [7] | ||
Cost | 711 | [6] | 711 | [7] | ||
Fair value | $ 711 | [6] | $ 711 | [7] | 710 | |
Investment, Identifier [Axis]: Batjer TopCo, LLC, Preferred Stock | ||||||
Schedule of Investments [Line Items] | ||||||
Units (in shares) | 4,073 | [8] | 4,073 | [32] | ||
Cost | $ 4,095 | [8] | $ 4,095 | [32] | ||
Fair value | $ 6,150 | [8] | 4,095 | [32] | 0 | |
Investment, Identifier [Axis]: Batjer TopCo, LLC, Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 10% | |||||
Principal | $ 0 | [28] | 0 | [30] | ||
Cost | (6) | [28] | (8) | [30] | ||
Fair value | $ 0 | [28] | (8) | [30] | 0 | |
Investment, Identifier [Axis]: Batjer TopCo, LLC, Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 10% | |||||
Principal | $ 270 | 0 | [30] | |||
Cost | 270 | 0 | [30] | |||
Fair value | $ 270 | $ 0 | [30] | 0 | ||
Investment, Identifier [Axis]: Batjer TopCo, LLC, Secured Debt 3 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 10% | 11% | ||||
Principal | $ 10,575 | $ 11,025 | ||||
Cost | 10,508 | 10,933 | ||||
Fair value | $ 10,575 | $ 10,933 | 0 | |||
Investment, Identifier [Axis]: Berry Aviation, Inc., Preferred Member Units 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Units (in shares) | 122,416 | [6],[41] | 122,416 | [7],[30],[32],[42] | ||
PIK Rate | [7],[30],[32],[42] | 16% | ||||
Cost | $ 0 | [6],[41] | $ 0 | [7],[30],[32],[42] | ||
Fair value | $ 200 | [6],[41] | $ 270 | [7],[30],[32],[42] | ||
Investment, Identifier [Axis]: Berry Aviation, Inc., Preferred Member Units 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Units (in shares) | 1,548,387 | [6],[8],[41] | 1,548,387 | [7],[32],[42] | ||
Total Rate | [7],[32],[42] | 8% | ||||
PIK Rate | [7],[32],[42] | 8% | ||||
Cost | $ 0 | [6],[8],[41] | $ 1,161 | [7],[32],[42] | ||
Fair value | $ 2,560 | [6],[8],[41] | $ 4,561 | [7],[32],[42] | ||
Investment, Identifier [Axis]: Berry Aviation, Inc., Secured Debt | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [7] | 12% | ||||
PIK Rate | [7] | 1.50% | ||||
Principal | [7] | $ 195 | ||||
Cost | [7] | 195 | ||||
Fair value | [7] | $ 195 | ||||
Investment, Identifier [Axis]: Bettercloud, Inc., Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Reference Rate and Spread | 7.25% | [6],[16],[28] | 1% | [7],[29],[30],[31] | ||
PIK Rate | [7],[29],[30],[31] | 6% | ||||
Principal | $ 0 | [6],[16],[28] | $ 0 | [7],[29],[30],[31] | ||
Cost | (62) | [6],[16],[28] | (76) | [7],[29],[30],[31] | ||
Fair value | $ (62) | [6],[16],[28] | $ (76) | [7],[29],[30],[31] | ||
Investment, Identifier [Axis]: Bettercloud, Inc., Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 12.64% | [6],[16] | 11.40% | [7],[29],[31] | ||
Reference Rate and Spread | 7.25% | [6],[16] | 1% | [7],[29],[31] | ||
PIK Rate | 6.25% | [6],[16] | 6% | [7],[29],[31] | ||
Principal | $ 29,403 | [6],[16] | $ 27,505 | [7],[29],[31] | ||
Cost | 29,006 | [6],[16] | 27,020 | [7],[29],[31] | ||
Fair value | $ 27,550 | [6],[16] | $ 27,505 | [7],[29],[31] | ||
Investment, Identifier [Axis]: Binswanger Enterprises, LLC, Member Units | ||||||
Schedule of Investments [Line Items] | ||||||
Units (in shares) | 1,050,000 | [6] | 1,050,000 | [7] | ||
Cost | $ 1,050 | [6] | $ 1,050 | [7] | ||
Fair value | $ 120 | [6] | $ 420 | [7] | ||
Investment, Identifier [Axis]: Bluestem Brands, Inc., Common Stock | ||||||
Schedule of Investments [Line Items] | ||||||
Units (in shares) | 723,184 | [13] | 723,184 | [14],[32] | ||
Cost | $ 1 | [13] | $ 1 | [14],[32] | ||
Fair value | $ 550 | [13] | $ 4,860 | [14],[32] | ||
Investment, Identifier [Axis]: Bluestem Brands, Inc., Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [13],[16] | 16% | ||||
Reference Rate and Spread | 7.50% | [13],[16] | 8.50% | [14],[30],[31] | ||
PIK Rate | [13],[16] | 15% | ||||
Principal | $ 1,885 | [13],[16] | $ 0 | [14],[30],[31] | ||
Cost | 1,885 | [13],[16] | 0 | [14],[30],[31] | ||
Fair value | $ 1,767 | [13],[16] | $ 0 | [14],[30],[31] | ||
Investment, Identifier [Axis]: Bluestem Brands, Inc., Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 13.96% | [13],[16] | 12.94% | [14],[31] | ||
Reference Rate and Spread | 8.50% | [13],[16] | 8.50% | [14],[31] | ||
PIK Rate | [13],[16] | 12.96% | ||||
Principal | $ 3,676 | [13],[16] | $ 3,239 | [14],[31] | ||
Cost | 3,076 | [13],[16] | 2,280 | [14],[31] | ||
Fair value | $ 3,446 | [13],[16] | $ 3,139 | [14],[31] | ||
Investment, Identifier [Axis]: Bluestem Brands, Inc., Warrants | ||||||
Schedule of Investments [Line Items] | ||||||
Units (in shares) | 163,295 | [13],[26] | 163,295 | [14],[27] | ||
Cost | $ 1,036 | [13],[26] | $ 1,036 | [14],[27] | ||
Fair value | $ 120 | [13],[26] | $ 1,095 | [14],[27] | ||
Investment, Identifier [Axis]: Boccella Precast Products LLC, Member Units | ||||||
Schedule of Investments [Line Items] | ||||||
Units (in shares) | 2,160,000 | 2,160,000 | [32] | |||
Cost | $ 2,256 | $ 2,256 | [32] | |||
Fair value | $ 1,990 | $ 2,970 | [32] | 4,830 | ||
Investment, Identifier [Axis]: Boccella Precast Products LLC, Secured Debt | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 10% | 10% | ||||
Principal | $ 320 | $ 320 | ||||
Cost | 320 | 320 | ||||
Fair value | $ 320 | 320 | 320 | |||
Investment, Identifier [Axis]: Bolder Panther Group, LLC, Class A Preferred Member Units | ||||||
Schedule of Investments [Line Items] | ||||||
Fair value | $ 0 | 10,194 | ||||
Investment, Identifier [Axis]: Bolder Panther Group, LLC, Class B Preferred Member Units | ||||||
Schedule of Investments [Line Items] | ||||||
Units (in shares) | 140,000 | [8] | 140,000 | [32] | ||
Total Rate | 8% | [8] | 8% | [32] | ||
Cost | $ 14,000 | [8] | $ 14,000 | [32] | ||
Fair value | $ 31,020 | [8] | $ 31,420 | [32] | 23,170 | |
Investment, Identifier [Axis]: Bolder Panther Group, LLC, Secured Debt | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 14.48% | [16],[43] | 13.39% | [29],[31],[44] | ||
Reference Rate and Spread | 9.11% | [16],[43] | 9.26% | [29],[31],[44] | ||
Principal | $ 96,556 | [16],[43] | $ 99,194 | [29],[31],[44] | ||
Cost | 96,078 | [16],[43] | 98,576 | [29],[31],[44] | ||
Fair value | $ 96,556 | [16],[43] | 99,194 | [29],[31],[44] | ||
Investment, Identifier [Axis]: Bolder Panther Group, LLC, Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Fair value | $ 0 | 0 | ||||
Investment, Identifier [Axis]: Bolder Panther Group, LLC, Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 13.39% | |||||
Reference Rate and Spread | 9.26% | |||||
Fair value | $ 99,194 | 39,000 | ||||
Investment, Identifier [Axis]: Bond Brand Loyalty ULC, Common Equity | ||||||
Schedule of Investments [Line Items] | ||||||
Units (in shares) | [6],[9],[15] | 571 | ||||
Cost | [6],[9],[15] | $ 0 | ||||
Fair value | [6],[9],[15] | $ 0 | ||||
Investment, Identifier [Axis]: Bond Brand Loyalty ULC, Preferred Equity | ||||||
Schedule of Investments [Line Items] | ||||||
Units (in shares) | [6],[9],[15] | 571 | ||||
Cost | [6],[9],[15] | $ 571 | ||||
Fair value | [6],[9],[15] | $ 500 | ||||
Investment, Identifier [Axis]: Bond Brand Loyalty ULC, Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Reference Rate and Spread | [6],[9],[15],[16],[28] | 7% | ||||
Principal | [6],[9],[15],[16],[28] | $ 0 | ||||
Cost | [6],[9],[15],[16],[28] | (25) | ||||
Fair value | [6],[9],[15],[16],[28] | $ (25) | ||||
Investment, Identifier [Axis]: Bond Brand Loyalty ULC, Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [6],[9],[15],[16] | 11.54% | ||||
Reference Rate and Spread | [6],[9],[15],[16] | 6% | ||||
Principal | [6],[9],[15],[16] | $ 6,405 | ||||
Cost | [6],[9],[15],[16] | 6,294 | ||||
Fair value | [6],[9],[15],[16] | $ 6,405 | ||||
Investment, Identifier [Axis]: Bond Brand Loyalty ULC, Secured Debt 3 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [6],[9],[15],[16] | 13.54% | ||||
Reference Rate and Spread | [6],[9],[15],[16] | 8% | ||||
Principal | [6],[9],[15],[16] | $ 6,405 | ||||
Cost | [6],[9],[15],[16] | 6,294 | ||||
Fair value | [6],[9],[15],[16] | $ 6,405 | ||||
Investment, Identifier [Axis]: Brainworks Software, LLC, Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 15.75% | [6],[16],[34],[38] | 12.50% | [7],[31],[33],[40] | ||
Reference Rate and Spread | 7.25% | [6],[16],[34],[38] | 9.25% | [7],[31],[33],[40] | ||
Principal | $ 761 | [6],[16],[34],[38] | $ 761 | [7],[31],[33],[40] | ||
Cost | 761 | [6],[16],[34],[38] | 761 | [7],[31],[33],[40] | ||
Fair value | $ 761 | [6],[16],[34],[38] | $ 761 | [7],[31],[33],[40] | ||
Investment, Identifier [Axis]: Brainworks Software, LLC, Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 15.75% | [6],[16],[34],[38] | 12.50% | [7],[31],[33],[40] | ||
Reference Rate and Spread | 7.25% | [6],[16],[34],[38] | 9.25% | [7],[31],[33],[40] | ||
Principal | $ 7,056 | [6],[16],[34],[38] | $ 7,056 | [7],[31],[33],[40] | ||
Cost | 7,056 | [6],[16],[34],[38] | 7,056 | [7],[31],[33],[40] | ||
Fair value | $ 1,075 | [6],[16],[34],[38] | $ 2,916 | [7],[31],[33],[40] | ||
Investment, Identifier [Axis]: Brewer Crane Holdings, LLC, Preferred Member Units | ||||||
Schedule of Investments [Line Items] | ||||||
Units (in shares) | 2,950 | [8] | 2,950 | [32] | ||
Cost | $ 4,280 | [8] | $ 4,280 | [32] | ||
Fair value | $ 5,620 | [8] | $ 7,080 | [32] | 7,710 | |
Investment, Identifier [Axis]: Brewer Crane Holdings, LLC, Secured Debt | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 15.46% | [16] | 14.12% | [31] | ||
Reference Rate and Spread | 10% | [16] | 10% | [31] | ||
Principal | $ 5,498 | [16] | $ 5,964 | [31] | ||
Cost | 5,498 | [16] | 5,964 | [31] | ||
Fair value | $ 5,498 | [16] | $ 5,964 | [31] | 8,037 | |
Investment, Identifier [Axis]: Bridge Capital Solutions Corporation, Preferred Member Units | ||||||
Schedule of Investments [Line Items] | ||||||
Units (in shares) | 17,742 | [8],[41] | 17,742 | [32],[42] | ||
Cost | $ 1,000 | [8],[41] | $ 1,000 | [32],[42] | ||
Fair value | $ 1,000 | [8],[41] | $ 1,000 | [32],[42] | 1,000 | |
Investment, Identifier [Axis]: Bridge Capital Solutions Corporation, Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 13% | 13% | ||||
Principal | $ 8,813 | $ 8,813 | ||||
Cost | 8,813 | 8,813 | ||||
Fair value | $ 8,813 | $ 8,813 | 8,813 | |||
Investment, Identifier [Axis]: Bridge Capital Solutions Corporation, Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 13% | 13% | [42] | |||
Principal | $ 1,000 | $ 1,000 | [42] | |||
Cost | 1,000 | 1,000 | [42] | |||
Fair value | $ 1,000 | $ 1,000 | [42] | 1,000 | ||
Investment, Identifier [Axis]: Bridge Capital Solutions Corporation, Warrants | ||||||
Schedule of Investments [Line Items] | ||||||
Units (in shares) | 82 | [26] | 82 | [27] | ||
Cost | $ 2,132 | [26] | $ 2,132 | [27] | ||
Fair value | 4,290 | [26] | 4,340 | [27] | ||
Investment, Identifier [Axis]: Bridge Capital Solutions Corporation, Warrants 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Fair value | 1,808 | 1,828 | 1,712 | |||
Investment, Identifier [Axis]: Bridge Capital Solutions Corporation, Warrants 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Fair value | $ 2,482 | $ 2,512 | 2,348 | |||
Investment, Identifier [Axis]: Brightwood Capital Fund Investments, LP Interests (Brightwood Capital Fund III, LP) | ||||||
Schedule of Investments [Line Items] | ||||||
Units (as a percent) | 1.55% | [9],[10],[45] | 1.55% | [11],[12],[32],[46] | ||
Cost | $ 6,527 | [9],[10],[45] | $ 7,062 | [11],[12],[32],[46] | ||
Fair value | $ 4,080 | [9],[10],[45] | $ 4,727 | [11],[12],[32],[46] | ||
Investment, Identifier [Axis]: Brightwood Capital Fund Investments, LP Interests (Brightwood Capital Fund IV, LP) | ||||||
Schedule of Investments [Line Items] | ||||||
Units (as a percent) | 0.59% | [8],[9],[10],[45] | 0.59% | [11],[12],[32],[46] | ||
Cost | $ 4,350 | [8],[9],[10],[45] | $ 4,350 | [11],[12],[32],[46] | ||
Fair value | $ 4,358 | [8],[9],[10],[45] | $ 4,541 | [11],[12],[32],[46] | ||
Investment, Identifier [Axis]: Brightwood Capital Fund Investments, LP Interests (Brightwood Capital Fund V, LP) | ||||||
Schedule of Investments [Line Items] | ||||||
Units (as a percent) | 0.82% | [8],[9],[10],[45] | 1.31% | [11],[12],[46] | ||
Cost | $ 2,000 | [8],[9],[10],[45] | $ 2,000 | [11],[12],[46] | ||
Fair value | $ 2,448 | [8],[9],[10],[45] | $ 2,229 | [11],[12],[46] | ||
Investment, Identifier [Axis]: Buca C, LLC, Preferred Member Units | ||||||
Schedule of Investments [Line Items] | ||||||
Units (in shares) | 6 | 6 | ||||
Total Rate | 6% | 6% | ||||
PIK Rate | 6% | 6% | ||||
Cost | $ 4,770 | $ 4,770 | ||||
Fair value | $ 0 | $ 0 | 0 | |||
Investment, Identifier [Axis]: Buca C, LLC, Secured Debt | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 12% | [38] | 9% | |||
Principal | $ 16,980 | [38] | $ 17,355 | |||
Cost | 16,980 | [38] | 17,355 | |||
Fair value | $ 12,144 | [38] | $ 12,337 | 14,370 | ||
Investment, Identifier [Axis]: Burning Glass Intermediate Holding Company, Inc., Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [6],[16] | 10.46% | ||||
Reference Rate and Spread | 5% | [6],[16] | 5% | [7],[30],[31] | ||
Principal | $ 465 | [6],[16] | $ 0 | [7],[30],[31] | ||
Cost | 445 | [6],[16] | (28) | [7],[30],[31] | ||
Fair value | $ 465 | [6],[16] | $ 0 | [7],[30],[31] | ||
Investment, Identifier [Axis]: Burning Glass Intermediate Holding Company, Inc., Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 10.46% | [6],[16] | 8.91% | [7],[31] | ||
Reference Rate and Spread | 5% | [6],[16] | 5% | [7],[31] | ||
Principal | $ 19,681 | [6],[16] | $ 19,933 | [7],[31] | ||
Cost | 19,455 | [6],[16] | 19,656 | [7],[31] | ||
Fair value | $ 19,681 | [6],[16] | $ 19,933 | [7],[31] | ||
Investment, Identifier [Axis]: CAI Software LLC, Preferred Equity 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Units (in shares) | 1,788,527 | 1,788,527 | [32] | |||
Cost | $ 1,789 | $ 1,789 | [32] | |||
Fair value | $ 1,789 | $ 1,789 | [32] | |||
Investment, Identifier [Axis]: CAI Software LLC, Preferred Equity 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Units (in shares) | 596,176 | 596,176 | ||||
Cost | $ 0 | $ 0 | ||||
Fair value | $ 0 | $ 0 | ||||
Investment, Identifier [Axis]: CBT Nuggets, LLC, Member Units | ||||||
Schedule of Investments [Line Items] | ||||||
Units (in shares) | 416 | [8] | 416 | [32] | ||
Cost | $ 1,300 | [8] | $ 1,300 | [32] | ||
Fair value | 50,130 | [8] | $ 49,002 | [32] | 50,620 | |
Investment, Identifier [Axis]: CMS Minerals Investments, Member Units | ||||||
Schedule of Investments [Line Items] | ||||||
Units (in shares) | [32],[42] | 100 | ||||
Cost | [32],[42] | $ 1,304 | ||||
Fair value | $ 0 | $ 1,670 | [32],[42] | 1,974 | ||
Investment, Identifier [Axis]: CQ Fluency, LLC, Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Reference Rate and Spread | [6],[16],[28] | 7% | ||||
Principal | [6],[16],[28] | $ 0 | ||||
Cost | [6],[16],[28] | (66) | ||||
Fair value | [6],[16],[28] | $ (66) | ||||
Investment, Identifier [Axis]: CQ Fluency, LLC, Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Reference Rate and Spread | [6],[16],[28] | 7% | ||||
Principal | [6],[16],[28] | $ 0 | ||||
Cost | [6],[16],[28] | (66) | ||||
Fair value | [6],[16],[28] | $ (66) | ||||
Investment, Identifier [Axis]: CQ Fluency, LLC, Secured Debt 3 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [6],[16] | 12.45% | ||||
Reference Rate and Spread | [6],[16] | 7% | ||||
Principal | [6],[16] | $ 11,250 | ||||
Cost | [6],[16] | 10,920 | ||||
Fair value | [6],[16] | $ 10,920 | ||||
Investment, Identifier [Axis]: Cadence Aerospace LLC, Secured Debt | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [7],[31],[47] | 11.99% | ||||
Reference Rate and Spread | [7],[31],[47] | 8.50% | ||||
PIK Rate | [7],[31],[47] | 0.01% | ||||
Principal | [7],[31],[47] | $ 28,328 | ||||
Cost | [7],[31],[47] | 28,264 | ||||
Fair value | [7],[31],[47] | $ 28,328 | ||||
Investment, Identifier [Axis]: Café Brazil, LLC, Member Units | ||||||
Schedule of Investments [Line Items] | ||||||
Units (in shares) | 1,233 | [8] | 1,233 | [32] | ||
Cost | $ 1,742 | [8] | $ 1,742 | [32] | ||
Fair value | $ 1,980 | [8] | $ 2,210 | [32] | 2,570 | |
Investment, Identifier [Axis]: California Splendor Holdings LLC, Preferred Member Units 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Units (in shares) | 3,671 | [8] | 3,671 | [32] | ||
Total Rate | 15% | [8] | 15% | [32] | ||
PIK Rate | 15% | [8] | 15% | [32] | ||
Cost | $ 4,601 | [8] | $ 3,994 | [32] | ||
Fair value | 4,601 | [8] | 3,994 | [32] | ||
Investment, Identifier [Axis]: California Splendor Holdings LLC, Preferred Member Units 1.1 | ||||||
Schedule of Investments [Line Items] | ||||||
Fair value | $ 15,695 | $ 25,495 | 13,275 | |||
Investment, Identifier [Axis]: California Splendor Holdings LLC, Preferred Member Units 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Units (in shares) | 6,157 | [8] | 6,157 | [32] | ||
Cost | $ 10,775 | [8] | $ 10,775 | [32] | ||
Fair value | $ 15,695 | [8] | $ 25,495 | [32] | ||
Investment, Identifier [Axis]: California Splendor Holdings LLC, Preferred Member Units 2.1 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 15% | 15% | ||||
PIK Rate | 15% | 15% | ||||
Fair value | $ 4,601 | $ 3,994 | 9,510 | |||
Investment, Identifier [Axis]: California Splendor Holdings LLC, Secured Debt | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 15.69% | [8],[16] | 13.75% | [31] | ||
Reference Rate and Spread | 10% | [8],[16] | 10% | [31] | ||
Principal | $ 28,000 | [8],[16] | $ 28,000 | [31] | ||
Cost | 27,965 | [8],[16] | 27,951 | [31] | ||
Fair value | $ 27,655 | [8],[16] | $ 28,000 | [31] | 27,915 | |
Investment, Identifier [Axis]: Camin Cargo Control, Inc., Secured Debt | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [14],[31] | 10.88% | ||||
Reference Rate and Spread | [14],[31] | 6.50% | ||||
Principal | [14],[31] | $ 15,218 | ||||
Cost | [14],[31] | 15,110 | ||||
Fair value | [14],[31] | $ 14,685 | ||||
Investment, Identifier [Axis]: Career Team Holdings, LLC, Common Stock | ||||||
Schedule of Investments [Line Items] | ||||||
Units (in shares) | 450,000 | 450,000 | ||||
Cost | $ 4,500 | $ 4,500 | ||||
Fair value | $ 4,500 | $ 4,500 | 4,500 | |||
Investment, Identifier [Axis]: Career Team Holdings, LLC, Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [16] | 11.38% | ||||
Reference Rate and Spread | 6% | [16] | 6% | [30],[31] | ||
Principal | $ 900 | [16] | $ 0 | [30],[31] | ||
Cost | 881 | [16] | (9) | [30],[31] | ||
Fair value | $ 881 | [16] | $ (9) | [30],[31] | 0 | |
Investment, Identifier [Axis]: Career Team Holdings, LLC, Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 13% | 12.50% | ||||
Principal | $ 20,025 | $ 20,250 | ||||
Cost | 19,906 | 20,090 | ||||
Fair value | $ 19,906 | $ 20,090 | 20,050 | |||
Investment, Identifier [Axis]: CaseWorthy, Inc., Common Equity | ||||||
Schedule of Investments [Line Items] | ||||||
Units (in shares) | 245,926 | [6] | 245,926 | [7] | ||
Cost | $ 246 | [6] | $ 246 | [7] | ||
Fair value | $ 246 | [6] | $ 246 | [7] | ||
Investment, Identifier [Axis]: CaseWorthy, Inc., Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Reference Rate and Spread | 6% | [6],[16],[28] | 6% | [7],[30],[31] | ||
Principal | $ 0 | [6],[16],[28] | $ 0 | [7],[30],[31] | ||
Cost | (8) | [6],[16],[28] | (11) | [7],[30],[31] | ||
Fair value | $ (8) | [6],[16],[28] | $ (11) | [7],[30],[31] | ||
Investment, Identifier [Axis]: CaseWorthy, Inc., Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 11.61% | [6],[16] | 10.73% | [7],[31] | ||
Reference Rate and Spread | 6% | [6],[16] | 6% | [7],[31] | ||
Principal | $ 7,933 | [6],[16] | $ 7,993 | [7],[31] | ||
Cost | 7,872 | [6],[16] | 7,914 | [7],[31] | ||
Fair value | $ 7,933 | [6],[16] | $ 7,914 | [7],[31] | ||
Investment, Identifier [Axis]: CaseWorthy, Inc., Secured Debt 3 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 11.61% | [6],[16] | 10.48% | [7],[31] | ||
Reference Rate and Spread | 6% | [6],[16] | 5.75% | [7],[31] | ||
Principal | $ 6,102 | [6],[16] | $ 6,133 | [7],[31] | ||
Cost | 6,061 | [6],[16] | 6,079 | [7],[31] | ||
Fair value | $ 6,102 | [6],[16] | $ 6,133 | [7],[31] | ||
Investment, Identifier [Axis]: Centre Technologies Holdings, LLC, Preferred Member Units | ||||||
Schedule of Investments [Line Items] | ||||||
Units (in shares) | 13,309 | 13,309 | ||||
Cost | $ 6,122 | $ 6,122 | ||||
Fair value | $ 11,040 | $ 8,700 | 5,840 | |||
Investment, Identifier [Axis]: Centre Technologies Holdings, LLC, Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Reference Rate and Spread | 9% | [16],[28] | 9% | [30],[31] | ||
Principal | $ 0 | [16],[28] | $ 0 | [30],[31] | ||
Cost | 0 | [16],[28] | 0 | [30],[31] | ||
Fair value | $ 0 | [16],[28] | $ 0 | [30],[31] | 0 | |
Investment, Identifier [Axis]: Centre Technologies Holdings, LLC, Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 14.48% | [16] | 13.13% | [31] | ||
Reference Rate and Spread | 9% | [16] | 9% | [31] | ||
Principal | $ 17,574 | [16] | $ 15,030 | [31] | ||
Cost | 17,512 | [16] | 14,954 | [31] | ||
Fair value | $ 17,574 | [16] | $ 14,954 | [31] | 8,864 | |
Investment, Identifier [Axis]: Chamberlin Holding LLC, Member Units 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Units (in shares) | 4,347 | [8] | 4,347 | [32] | ||
Cost | $ 11,440 | [8] | $ 11,440 | [32] | ||
Fair value | $ 29,320 | [8] | $ 22,920 | [32] | 24,140 | |
Investment, Identifier [Axis]: Chamberlin Holding LLC, Member Units 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Units (in shares) | 1,047,146 | [8],[41] | 1,047,146 | [32],[42] | ||
Cost | $ 1,773 | [8],[41] | $ 1,773 | [32],[42] | ||
Fair value | $ 2,860 | [8],[41] | $ 2,710 | [32],[42] | 1,540 | |
Investment, Identifier [Axis]: Chamberlin Holding LLC, Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Reference Rate and Spread | 6% | [16],[28] | 6% | [30],[31] | ||
Principal | $ 0 | [16],[28] | $ 0 | [30],[31] | ||
Cost | (195) | [16],[28] | 0 | [30],[31] | ||
Fair value | $ 0 | [16],[28] | $ 0 | [30],[31] | 0 | |
Investment, Identifier [Axis]: Chamberlin Holding LLC, Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 13.49% | [16] | 12.13% | [31] | ||
Reference Rate and Spread | 8% | [16] | 8% | [31] | ||
Principal | $ 15,620 | [16] | $ 16,945 | [31] | ||
Cost | 15,617 | [16] | 16,935 | [31] | ||
Fair value | 15,620 | [16] | $ 16,945 | [31] | 17,817 | |
Investment, Identifier [Axis]: Chandler Signs Holdings, LLC, Class A Units | ||||||
Schedule of Investments [Line Items] | ||||||
Units (in shares) | [7] | 1,500,000 | ||||
Cost | [7] | $ 1,500 | ||||
Fair value | $ 0 | $ 1,790 | [7] | 460 | ||
Investment, Identifier [Axis]: Channel Partners Intermediateco, LLC, Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 12.60% | [6],[16],[48] | 10.72% | [7],[29],[31],[49] | ||
Reference Rate and Spread | 7% | [6],[16],[48] | 6.25% | [7],[29],[31],[49] | ||
Principal | $ 2,071 | [6],[16],[48] | $ 1,868 | [7],[29],[31],[49] | ||
Cost | 1,901 | [6],[16],[48] | 1,767 | [7],[29],[31],[49] | ||
Fair value | $ 1,988 | [6],[16],[48] | $ 1,841 | [7],[29],[31],[49] | ||
Investment, Identifier [Axis]: Channel Partners Intermediateco, LLC, Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 12.66% | [6],[16] | 10.71% | [7],[29],[31],[50] | ||
Reference Rate and Spread | 7% | [6],[16] | 6.25% | [7],[29],[31],[50] | ||
Principal | $ 36,540 | [6],[16] | $ 39,047 | [7],[29],[31],[50] | ||
Cost | 36,077 | [6],[16] | 38,396 | [7],[29],[31],[50] | ||
Fair value | $ 35,064 | [6],[16] | $ 38,484 | [7],[29],[31],[50] | ||
Investment, Identifier [Axis]: Channel Partners Intermediateco, LLC, Secured Debt 3 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [6],[16] | 12.66% | ||||
Reference Rate and Spread | [6],[16] | 7% | ||||
Principal | [6],[16] | $ 2,024 | ||||
Cost | [6],[16] | 1,999 | ||||
Fair value | [6],[16] | $ 1,943 | ||||
Investment, Identifier [Axis]: Channel Partners Intermediateco, LLC, Secured Debt 4 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [6],[16] | 12.66% | ||||
Reference Rate and Spread | [6],[16] | 7% | ||||
Principal | [6],[16] | $ 4,893 | ||||
Cost | [6],[16] | 4,792 | ||||
Fair value | [6],[16] | $ 4,695 | ||||
Investment, Identifier [Axis]: Charps, LLC, Preferred Member Units | ||||||
Schedule of Investments [Line Items] | ||||||
Units (in shares) | 1,829 | [8] | 1,829 | [32] | ||
Cost | $ 1,963 | [8] | $ 1,963 | [32] | ||
Fair value | $ 15,690 | [8] | $ 13,340 | [32] | 13,990 | |
Investment, Identifier [Axis]: Charps, LLC, Unsecured Debt | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 10% | 10% | ||||
Principal | $ 5,694 | $ 5,694 | ||||
Cost | 4,678 | 4,643 | ||||
Fair value | $ 5,694 | $ 5,694 | 5,694 | |||
Investment, Identifier [Axis]: Clad-Rex Steel, LLC, Member Units 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Units (in shares) | 717 | [8] | 717 | [32] | ||
Cost | $ 7,280 | [8] | $ 7,280 | [32] | ||
Fair value | $ 5,200 | [8] | $ 8,220 | [32] | 10,250 | |
Investment, Identifier [Axis]: Clad-Rex Steel, LLC, Member Units 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Units (in shares) | 800 | [41] | 800 | [42] | ||
Cost | $ 509 | [41] | $ 210 | [42] | ||
Fair value | $ 1,129 | [41] | $ 610 | [42] | 530 | |
Investment, Identifier [Axis]: Clad-Rex Steel, LLC, Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 11.50% | |||||
Reference Rate and Spread | [29],[30],[31] | 9% | ||||
Principal | $ 0 | [28] | $ 0 | [29],[30],[31] | ||
Cost | 0 | [28] | 0 | [29],[30],[31] | ||
Fair value | $ 0 | [28] | $ 0 | [29],[30],[31] | 0 | |
Investment, Identifier [Axis]: Clad-Rex Steel, LLC, Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 11.50% | 13.23% | [29],[31] | |||
Reference Rate and Spread | [29],[31] | 9% | ||||
Principal | $ 8,560 | $ 10,480 | [29],[31] | |||
Cost | 8,560 | 10,440 | [29],[31] | |||
Fair value | $ 8,422 | $ 10,440 | [29],[31] | |||
Investment, Identifier [Axis]: Clad-Rex Steel, LLC, Secured Debt 2.1 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 13.23% | |||||
Reference Rate and Spread | 9% | |||||
Fair value | $ 10,440 | 10,401 | ||||
Investment, Identifier [Axis]: Clad-Rex Steel, LLC, Secured Debt 3 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 10% | 10% | ||||
Principal | $ 1,013 | $ 1,049 | ||||
Cost | 1,004 | 1,039 | ||||
Fair value | 1,004 | $ 1,039 | 1,071 | |||
Investment, Identifier [Axis]: Clarius BIGS, LLC, Secured Debt | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [7],[33],[40] | 15% | ||||
PIK Rate | [7],[33],[40] | 15% | ||||
Principal | 2,677 | [6],[34],[38] | $ 2,712 | [7],[33],[40] | ||
Cost | 2,677 | [6],[34],[38] | 2,712 | [7],[33],[40] | ||
Fair value | $ 16 | [6],[34],[38] | $ 19 | [7],[33],[40] | ||
Investment, Identifier [Axis]: Classic H&G Holdings, LLC, Preferred Member Units | ||||||
Schedule of Investments [Line Items] | ||||||
Units (in shares) | 154 | [8] | 154 | [32] | ||
Cost | $ 5,760 | [8] | $ 5,760 | [32] | ||
Fair value | $ 16,000 | [8] | $ 24,637 | [32] | 15,260 | |
Investment, Identifier [Axis]: Classic H&G Holdings, LLC, Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 11.69% | [16] | 9.75% | [31] | ||
Reference Rate and Spread | 6% | [16] | 6% | [31] | ||
Principal | $ 4,560 | [16] | $ 4,560 | [31] | ||
Cost | 4,560 | [16] | 4,560 | [31] | ||
Fair value | $ 4,560 | [16] | $ 4,560 | [31] | 4,000 | |
Investment, Identifier [Axis]: Classic H&G Holdings, LLC, Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 8% | 8% | ||||
Principal | $ 19,274 | $ 19,274 | ||||
Cost | 19,224 | 19,182 | ||||
Fair value | $ 19,274 | $ 19,274 | 19,274 | |||
Investment, Identifier [Axis]: Cody Pools, Inc., Preferred Member Units | ||||||
Schedule of Investments [Line Items] | ||||||
Units (in shares) | 587 | [8],[41] | 587 | [32],[42] | ||
Cost | $ 8,317 | [8],[41] | $ 8,317 | [32],[42] | ||
Fair value | 72,470 | [8],[41] | $ 58,180 | [32],[42] | 47,640 | |
Investment, Identifier [Axis]: Cody Pools, Inc., Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [31] | 15.38% | ||||
Reference Rate and Spread | [31] | 10.50% | ||||
Principal | 0 | [28] | $ 1,462 | [31] | ||
Cost | (11) | [28] | 1,443 | [31] | ||
Fair value | $ 0 | [28] | 1,462 | [31] | ||
Investment, Identifier [Axis]: Cody Pools, Inc., Secured Debt 1.1 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 12.50% | |||||
Fair value | $ 0 | $ 0 | ||||
Investment, Identifier [Axis]: Cody Pools, Inc., Secured Debt 1.2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 15.38% | |||||
Reference Rate and Spread | 10.50% | |||||
Fair value | $ 1,462 | (13) | ||||
Investment, Identifier [Axis]: Cody Pools, Inc., Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 12.50% | 15.38% | [31] | |||
Reference Rate and Spread | [31] | 10.50% | ||||
Principal | $ 42,073 | $ 40,801 | [31] | |||
Cost | 42,042 | 40,521 | [31] | |||
Fair value | $ 42,073 | 40,801 | [31] | |||
Investment, Identifier [Axis]: Cody Pools, Inc., Secured Debt 2.1 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 12.50% | |||||
Fair value | $ 42,073 | $ 0 | ||||
Investment, Identifier [Axis]: Cody Pools, Inc., Secured Debt 2.2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 15.38% | |||||
Reference Rate and Spread | 10.50% | |||||
Fair value | $ 40,801 | 42,497 | ||||
Investment, Identifier [Axis]: Cody Pools, Inc., Secured Debt 3 | ||||||
Schedule of Investments [Line Items] | ||||||
Reference Rate and Spread | 10.50% | |||||
Fair value | $ 0 | 1,462 | ||||
Investment, Identifier [Axis]: Cody Pools, Inc., Secured Debt 4 | ||||||
Schedule of Investments [Line Items] | ||||||
Reference Rate and Spread | 10.50% | |||||
Fair value | $ 0 | $ 40,801 | ||||
Investment, Identifier [Axis]: Colonial Electric Company LLC, Preferred Member Units | ||||||
Schedule of Investments [Line Items] | ||||||
Units (in shares) | [32] | 17,280 | ||||
Cost | [32] | $ 7,680 | ||||
Fair value | 9,160 | [32] | 9,130 | |||
Investment, Identifier [Axis]: Colonial Electric Company LLC, Preferred Member Units 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Units (in shares) | 960 | |||||
Cost | $ 960 | |||||
Fair value | $ 2,400 | 0 | ||||
Investment, Identifier [Axis]: Colonial Electric Company LLC, Preferred Member Units 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Units (in shares) | 17,280 | |||||
Cost | $ 7,680 | |||||
Fair value | 7,680 | 9,160 | ||||
Investment, Identifier [Axis]: Colonial Electric Company LLC, Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Principal | 0 | [28] | 0 | [30] | ||
Cost | 0 | [28] | 0 | [30] | ||
Fair value | $ 0 | [28] | $ 0 | [30] | 0 | |
Investment, Identifier [Axis]: Colonial Electric Company LLC, Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 12% | 12% | ||||
Principal | $ 22,050 | $ 23,310 | ||||
Cost | 21,946 | 23,151 | ||||
Fair value | $ 21,627 | $ 23,151 | 24,351 | |||
Investment, Identifier [Axis]: CompareNetworks Topco, LLC, Preferred Member Units | ||||||
Schedule of Investments [Line Items] | ||||||
Units (in shares) | 1,975 | [8] | 1,975 | [32] | ||
Cost | $ 1,975 | [8] | $ 1,975 | [32] | ||
Fair value | $ 14,450 | [8] | $ 19,830 | [32] | 12,000 | |
Investment, Identifier [Axis]: CompareNetworks Topco, LLC, Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Reference Rate and Spread | 9% | [16],[28],[38] | 9% | [30],[31],[40] | ||
Principal | $ 0 | [16],[28],[38] | $ 0 | [30],[31],[40] | ||
Cost | 0 | [16],[28],[38] | 0 | [30],[31],[40] | ||
Fair value | $ 0 | [16],[28],[38] | $ 0 | [30],[31],[40] | 0 | |
Investment, Identifier [Axis]: CompareNetworks Topco, LLC, Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 14.48% | [16] | 13.13% | [31] | ||
Reference Rate and Spread | 9% | [16] | 9% | [31] | ||
Principal | $ 3,454 | [16] | $ 5,241 | [31] | ||
Cost | 3,454 | [16] | 5,232 | [31] | ||
Fair value | $ 3,454 | [16] | 5,241 | [31] | 6,477 | |
Investment, Identifier [Axis]: Compass Systems & Sales, LLC, Preferred Equity | ||||||
Schedule of Investments [Line Items] | ||||||
Units (in shares) | 7,454 | |||||
Cost | $ 7,454 | |||||
Fair value | $ 7,454 | 0 | ||||
Investment, Identifier [Axis]: Compass Systems & Sales, LLC, Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 13.50% | |||||
Principal | [28] | $ 0 | ||||
Cost | [28] | 0 | ||||
Fair value | $ 0 | [28] | 0 | |||
Investment, Identifier [Axis]: Compass Systems & Sales, LLC, Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 13.50% | |||||
Principal | $ 17,200 | |||||
Cost | 17,034 | |||||
Fair value | $ 17,034 | $ 0 | ||||
Investment, Identifier [Axis]: Computer Data Source, LLC, Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 13.52% | [6],[16],[51] | 12.56% | [7],[31],[52] | ||
Reference Rate and Spread | 8% | [6],[16],[51] | 8% | [7],[31],[52] | ||
Principal | $ 5,000 | [6],[16],[51] | $ 5,000 | [7],[31],[52] | ||
Cost | 4,948 | [6],[16],[51] | 4,928 | [7],[31],[52] | ||
Fair value | $ 4,848 | [6],[16],[51] | $ 4,621 | [7],[31],[52] | ||
Investment, Identifier [Axis]: Computer Data Source, LLC, Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 13.52% | [6],[16] | 12.56% | [7],[31] | ||
Reference Rate and Spread | 8% | [6],[16] | 8% | [7],[31] | ||
Principal | $ 18,313 | [6],[16] | $ 18,588 | [7],[31] | ||
Cost | 18,119 | [6],[16] | 18,315 | [7],[31] | ||
Fair value | 17,757 | [6],[16] | 17,178 | [7],[31] | ||
Investment, Identifier [Axis]: Congruent Credit Opportunities Funds, LP Interests (Congruent Credit Opportunities Fund III, LP) | ||||||
Schedule of Investments [Line Items] | ||||||
Fair value | $ 4,352 | $ 7,657 | ||||
Investment, Identifier [Axis]: Congruent Credit Opportunities Funds, LP Interests (Congruent Credit Opportunities Fund III, LP) | ||||||
Schedule of Investments [Line Items] | ||||||
Units (as a percent) | 12.49% | [8],[9],[10],[45] | 13.32% | [11],[12],[32],[46] | ||
Cost | $ 4,778 | [8],[9],[10],[45] | $ 8,096 | [11],[12],[32],[46] | ||
Fair value | $ 4,352 | [8],[9],[10],[45] | 7,657 | [11],[12],[32],[46] | ||
Investment, Identifier [Axis]: Congruent Credit Opportunities Funds, LP Interests (Congruent Credit Opportunities Fund III, LP) | ||||||
Schedule of Investments [Line Items] | ||||||
Fair value | $ 7,657 | 9,959 | ||||
Investment, Identifier [Axis]: Construction Supply Investments, LLC, Member Units | ||||||
Schedule of Investments [Line Items] | ||||||
Units (in shares) | 861,618 | [6] | 861,618 | [7],[32] | ||
Cost | $ 3,335 | [6] | $ 3,335 | [7],[32] | ||
Fair value | $ 23,135 | [6] | $ 21,165 | [7],[32] | ||
Investment, Identifier [Axis]: Copper Trail Fund Investments, LP Interests (CTMH, LP) | ||||||
Schedule of Investments [Line Items] | ||||||
Units (as a percent) | 38.75% | [8],[9],[10],[45] | 38.75% | [11],[12],[46] | ||
Cost | $ 568 | [8],[9],[10],[45] | $ 588 | [11],[12],[46] | ||
Fair value | $ 568 | [8],[9],[10],[45] | 588 | [11],[12],[46] | 710 | |
Investment, Identifier [Axis]: Cybermedia Technologies, LLC, Preferred Member Units | ||||||
Schedule of Investments [Line Items] | ||||||
Units (in shares) | 556 | |||||
Cost | $ 15,000 | |||||
Fair value | $ 15,000 | 0 | ||||
Investment, Identifier [Axis]: Cybermedia Technologies, LLC, Secured Debt | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 10% | |||||
Fair value | $ 0 | 0 | ||||
Investment, Identifier [Axis]: Cybermedia Technologies, LLC, Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Principal | [28] | 0 | ||||
Cost | [28] | 0 | ||||
Fair value | [28] | $ 0 | ||||
Investment, Identifier [Axis]: Cybermedia Technologies, LLC, Secured Debt 1.1 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 13% | |||||
Fair value | $ 28,389 | $ 0 | ||||
Investment, Identifier [Axis]: Cybermedia Technologies, LLC, Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 13% | |||||
Principal | $ 28,638 | |||||
Cost | 28,389 | |||||
Fair value | $ 28,389 | |||||
Investment, Identifier [Axis]: DMA Industries, LLC, Preferred Equity | ||||||
Schedule of Investments [Line Items] | ||||||
Units (in shares) | 5,944 | 5,944 | ||||
Cost | $ 5,944 | $ 5,944 | ||||
Fair value | $ 7,660 | $ 7,260 | 5,944 | |||
Investment, Identifier [Axis]: DMA Industries, LLC, Secured Debt | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 12% | 12% | ||||
Principal | $ 18,800 | $ 21,200 | ||||
Cost | 18,685 | 21,035 | ||||
Fair value | $ 18,800 | $ 21,200 | 20,993 | |||
Investment, Identifier [Axis]: DTE Enterprises, LLC, Class A Preferred Member Units | ||||||
Schedule of Investments [Line Items] | ||||||
Units (in shares) | 776,316 | [6] | 776,316 | [7] | ||
Total Rate | 8% | [6] | 8% | [7] | ||
PIK Rate | 8% | [6] | 8% | [7] | ||
Cost | $ 776 | [6] | $ 776 | [7] | ||
Fair value | $ 260 | [6] | $ 380 | [7] | ||
Investment, Identifier [Axis]: DTE Enterprises, LLC, Class AA Preferred Member Units (non-voting) | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 10% | [6],[8] | 10% | [7],[32] | ||
PIK Rate | 10% | [6],[8] | 10% | [7],[32] | ||
Cost | $ 1,284 | [6],[8] | $ 1,161 | [7],[32] | ||
Fair value | $ 1,284 | [6],[8] | $ 1,161 | [7],[32] | ||
Investment, Identifier [Axis]: DTE Enterprises, LLC, Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Reference Rate and Spread | [7],[30],[31] | 7.50% | ||||
Principal | [7],[30],[31] | $ 0 | ||||
Cost | [7],[30],[31] | (1) | ||||
Fair value | [7],[30],[31] | $ (1) | ||||
Investment, Identifier [Axis]: DTE Enterprises, LLC, Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [7],[31] | 12.24% | ||||
Reference Rate and Spread | [7],[31] | 7.50% | ||||
Principal | [7],[31] | $ 6,074 | ||||
Cost | [7],[31] | 6,065 | ||||
Fair value | [7],[31] | $ 5,934 | ||||
Investment, Identifier [Axis]: Dalton US Inc., Common Stock | ||||||
Schedule of Investments [Line Items] | ||||||
Units (in shares) | 515 | [6] | 201 | [7] | ||
Cost | $ 720 | [6] | $ 201 | [7] | ||
Fair value | $ 830 | [6] | $ 201 | [7] | ||
Investment, Identifier [Axis]: Dalton US Inc., Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [7],[29],[31] | 11.90% | ||||
Reference Rate and Spread | [7],[29],[31] | 8% | ||||
Principal | [7],[29],[31] | $ 1,092 | ||||
Cost | [7],[29],[31] | 871 | ||||
Fair value | [7],[29],[31] | $ 1,077 | ||||
Investment, Identifier [Axis]: Dalton US Inc., Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Reference Rate and Spread | [7],[29],[30],[31] | 8% | ||||
Principal | [7],[29],[30],[31] | $ 0 | ||||
Cost | [7],[29],[30],[31] | (74) | ||||
Fair value | [7],[29],[30],[31] | $ (74) | ||||
Investment, Identifier [Axis]: Dalton US Inc., Secured Debt 3 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [7],[29],[31] | 12.56% | ||||
Reference Rate and Spread | [7],[29],[31] | 8% | ||||
Principal | [7],[29],[31] | $ 14,389 | ||||
Cost | [7],[29],[31] | 14,125 | ||||
Fair value | [7],[29],[31] | $ 14,186 | ||||
Investment, Identifier [Axis]: Datacom, LLC, Preferred Member Units | ||||||
Schedule of Investments [Line Items] | ||||||
Units (in shares) | 9,000 | 9,000 | [32] | |||
Cost | $ 2,610 | $ 2,610 | [32] | |||
Fair value | $ 70 | $ 2,670 | [32] | 2,610 | ||
Investment, Identifier [Axis]: Datacom, LLC, Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 7.50% | 7.50% | ||||
Principal | $ 450 | $ 223 | ||||
Cost | 447 | 223 | ||||
Fair value | $ 447 | $ 223 | 0 | |||
Investment, Identifier [Axis]: Datacom, LLC, Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 10% | 7.50% | ||||
Principal | $ 8,352 | $ 8,622 | ||||
Cost | 8,073 | 8,190 | ||||
Fair value | $ 7,587 | $ 7,789 | 7,668 | |||
Investment, Identifier [Axis]: Digital Products Holdings LLC, Preferred Member Units | ||||||
Schedule of Investments [Line Items] | ||||||
Units (in shares) | 3,857 | [8] | 3,857 | [32] | ||
Cost | $ 9,501 | [8] | $ 9,501 | [32] | ||
Fair value | $ 9,835 | [8] | $ 9,835 | [32] | 9,835 | |
Investment, Identifier [Axis]: Digital Products Holdings LLC, Secured Debt | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 15.38% | [16] | 14.13% | [31] | ||
Reference Rate and Spread | 10% | [16] | 10% | [31] | ||
Principal | $ 14,873 | [16] | $ 15,533 | [31] | ||
Cost | 14,758 | [16] | 15,523 | [31] | ||
Fair value | $ 14,690 | [16] | $ 15,523 | [31] | 16,801 | |
Investment, Identifier [Axis]: Direct Marketing Solutions, Inc., Preferred Stock | ||||||
Schedule of Investments [Line Items] | ||||||
Units (in shares) | 8,400 | [8] | 8,400 | [32] | ||
Cost | $ 8,400 | [8] | $ 8,400 | [32] | ||
Fair value | $ 20,740 | [8] | $ 22,220 | [32] | 18,350 | |
Investment, Identifier [Axis]: Direct Marketing Solutions, Inc., Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 14% | |||||
Reference Rate and Spread | [30],[31] | 11% | ||||
Principal | $ 1,233 | $ 0 | [30],[31] | |||
Cost | 1,174 | (88) | [30],[31] | |||
Fair value | $ 1,233 | $ 0 | [30],[31] | (22) | ||
Investment, Identifier [Axis]: Direct Marketing Solutions, Inc., Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 14% | 15.13% | [31] | |||
Reference Rate and Spread | [31] | 11% | ||||
Principal | $ 25,543 | $ 27,267 | [31] | |||
Cost | 25,457 | 27,122 | [31] | |||
Fair value | $ 25,543 | $ 27,267 | [31] | 0 | ||
Investment, Identifier [Axis]: Direct Marketing Solutions, Inc., Secured Debt 3 | ||||||
Schedule of Investments [Line Items] | ||||||
Reference Rate and Spread | 11% | |||||
Fair value | $ 0 | 24,070 | ||||
Investment, Identifier [Axis]: Dos Rios Partners, LP Interests (Dos Rios Partners - A, LP) | ||||||
Schedule of Investments [Line Items] | ||||||
Units (as a percent) | 6.43% | [9],[10],[45] | 6.43% | [11],[12],[46] | ||
Cost | $ 2,005 | [9],[10],[45] | $ 2,051 | [11],[12],[46] | ||
Fair value | $ 2,631 | [9],[10],[45] | $ 2,898 | [11],[12],[46] | 3,280 | |
Investment, Identifier [Axis]: Dos Rios Partners, LP Interests (Dos Rios Partners, LP) | ||||||
Schedule of Investments [Line Items] | ||||||
Units (as a percent) | 20.24% | [9],[10],[45] | 20.24% | [11],[12],[46] | ||
Cost | $ 6,313 | [9],[10],[45] | $ 6,459 | [11],[12],[46] | ||
Fair value | $ 8,443 | [9],[10],[45] | $ 9,127 | [11],[12],[46] | 10,329 | |
Investment, Identifier [Axis]: Dos Rios Stone Products LLC, Class A Preferred Units | ||||||
Schedule of Investments [Line Items] | ||||||
Units (in shares) | 2,000,000 | [6],[41] | 2,000,000 | [7],[42] | ||
Cost | $ 2,000 | [6],[41] | $ 2,000 | [7],[42] | ||
Fair value | 1,580 | [6],[41] | $ 1,330 | [7],[42] | 640 | |
Investment, Identifier [Axis]: Dreyfus Government Cash Management | ||||||
Schedule of Investments [Line Items] | ||||||
Cost | [53] | 13,476 | ||||
Fair value | [53] | $ 13,476 | ||||
Investment, Identifier [Axis]: Dynamic Communities, LLC, Common Equity | ||||||
Schedule of Investments [Line Items] | ||||||
Units (in shares) | 1,250,000 | [6] | 1,250,000 | [7] | ||
Cost | $ 0 | [6] | $ 0 | [7] | ||
Fair value | $ 0 | [6] | $ 0 | [7] | ||
Investment, Identifier [Axis]: Dynamic Communities, LLC, Preferred Equity 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Units (in shares) | 125,000 | [6] | 125,000 | [7] | ||
Cost | $ 128 | [6] | $ 128 | [7] | ||
Fair value | $ 60 | [6] | $ 128 | [7] | ||
Investment, Identifier [Axis]: Dynamic Communities, LLC, Preferred Equity 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Units (in shares) | 2,376,241 | [6] | 2,376,241 | [7] | ||
Cost | $ 0 | [6] | $ 0 | [7] | ||
Fair value | $ 0 | [6] | $ 0 | [7] | ||
Investment, Identifier [Axis]: Dynamic Communities, LLC, Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 10.45% | [6],[16] | 9.18% | [7],[29],[31] | ||
Reference Rate and Spread | 5% | [6],[16] | 4.50% | [7],[29],[31] | ||
PIK Rate | 10.45% | [6],[16] | 9.18% | [7],[29],[31] | ||
Principal | $ 2,071 | [6],[16] | $ 1,875 | [7],[29],[31] | ||
Cost | 1,912 | [6],[16] | 1,717 | [7],[29],[31] | ||
Fair value | $ 1,912 | [6],[16] | $ 1,717 | [7],[29],[31] | ||
Investment, Identifier [Axis]: Dynamic Communities, LLC, Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 12.45% | [6],[16] | 11.18% | [7],[29],[31] | ||
Reference Rate and Spread | 7% | [6],[16] | 6.50% | [7],[29],[31] | ||
PIK Rate | 12.45% | [6],[16] | 11.18% | [7],[29],[31] | ||
Principal | $ 2,113 | [6],[16] | $ 1,875 | [7],[29],[31] | ||
Cost | 1,880 | [6],[16] | 1,642 | [7],[29],[31] | ||
Fair value | $ 1,859 | [6],[16] | $ 1,642 | [7],[29],[31] | ||
Investment, Identifier [Axis]: EIG Fund Investments, LP Interests (EIG Global Private Debt Fund-A, L.P.) | ||||||
Schedule of Investments [Line Items] | ||||||
Units (in shares) | 5,000,000 | [8],[9],[10],[45] | 5,000,000 | [11],[12],[32],[46] | ||
Cost | $ 808 | [8],[9],[10],[45] | $ 1,060 | [11],[12],[32],[46] | ||
Fair value | $ 760 | [8],[9],[10],[45] | $ 1,013 | [11],[12],[32],[46] | 547 | |
Investment, Identifier [Axis]: EPIC Y-Grade Services, LP, Secured Debt | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [14],[31] | 10.70% | ||||
Reference Rate and Spread | [14],[31] | 6% | ||||
Principal | [14],[31] | $ 6,823 | ||||
Cost | [14],[31] | 6,764 | ||||
Fair value | [14],[31] | $ 6,141 | ||||
Investment, Identifier [Axis]: Eastern Wholesale Fence LLC, Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 13.50% | [6],[16] | 11.73% | [7],[31] | ||
Reference Rate and Spread | 8% | [6],[16] | 7% | [7],[31] | ||
Principal | $ 967 | [6],[16] | $ 3,346 | [7],[31] | ||
Cost | 930 | [6],[16] | 3,290 | [7],[31] | ||
Fair value | $ 927 | [6],[16] | $ 3,276 | [7],[31] | ||
Investment, Identifier [Axis]: Eastern Wholesale Fence LLC, Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 13.50% | [6],[16] | 11.73% | [7],[31] | ||
Reference Rate and Spread | 8% | [6],[16] | 7% | [7],[31] | ||
Principal | $ 4,792 | [6],[16] | $ 5,021 | [7],[31] | ||
Cost | 4,758 | [6],[16] | 4,967 | [7],[31] | ||
Fair value | $ 4,596 | [6],[16] | $ 4,916 | [7],[31] | ||
Investment, Identifier [Axis]: Eastern Wholesale Fence LLC, Secured Debt 3 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 13.50% | [6],[16] | 11.73% | [7],[31] | ||
Reference Rate and Spread | 8% | [6],[16] | 7% | [7],[31] | ||
Principal | $ 9,557 | [6],[16] | $ 23,456 | [7],[31] | ||
Cost | 9,483 | [6],[16] | 23,149 | [7],[31] | ||
Fair value | $ 9,167 | [6],[16] | $ 22,967 | [7],[31] | ||
Investment, Identifier [Axis]: Eastern Wholesale Fence LLC, Secured Debt 4 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [6],[16] | 13.50% | ||||
Reference Rate and Spread | [6],[16] | 8% | ||||
Principal | [6],[16] | $ 1,982 | ||||
Cost | [6],[16] | 1,964 | ||||
Fair value | [6],[16] | $ 1,901 | ||||
Investment, Identifier [Axis]: Eastern Wholesale Fence LLC, Secured Debt 5 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [6],[16] | 13.50% | ||||
Reference Rate and Spread | [6],[16] | 8% | ||||
Principal | [6],[16] | $ 10,846 | ||||
Cost | [6],[16] | 10,747 | ||||
Fair value | [6],[16] | $ 10,403 | ||||
Investment, Identifier [Axis]: Elgin AcquireCo, LLC, Common Stock 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Units (in shares) | 285 | 378 | ||||
Cost | $ 5,726 | $ 7,603 | ||||
Fair value | $ 6,090 | $ 7,603 | 0 | |||
Investment, Identifier [Axis]: Elgin AcquireCo, LLC, Common Stock 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Units (in shares) | 939 | [41] | 939 | [42] | ||
Cost | $ 1,558 | [41] | $ 1,558 | [42] | ||
Fair value | $ 1,670 | [41] | $ 1,558 | [42] | 0 | |
Investment, Identifier [Axis]: Elgin AcquireCo, LLC, Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Reference Rate and Spread | 6% | [16],[28] | 6% | [29],[30],[31] | ||
Principal | $ 0 | [16],[28] | $ 0 | [29],[30],[31] | ||
Cost | (7) | [16],[28] | (9) | [29],[30],[31] | ||
Fair value | $ (7) | [16],[28] | $ (9) | [29],[30],[31] | 0 | |
Investment, Identifier [Axis]: Elgin AcquireCo, LLC, Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 12% | 12% | ||||
Principal | $ 18,773 | $ 18,773 | ||||
Cost | 18,632 | 18,594 | ||||
Fair value | $ 18,632 | $ 18,594 | 0 | |||
Investment, Identifier [Axis]: Elgin AcquireCo, LLC, Secured Debt 3 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 9% | 9% | ||||
Principal | $ 6,313 | $ 6,357 | ||||
Cost | 6,252 | 6,294 | ||||
Fair value | $ 6,252 | $ 6,294 | 0 | |||
Investment, Identifier [Axis]: Emerald Technologies Acquisition Co, Inc., Secured Debt | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 11.79% | [13],[16] | 10.67% | [14],[29],[31] | ||
Reference Rate and Spread | 6.25% | [13],[16] | 6.25% | [14],[29],[31] | ||
Principal | $ 8,965 | [13],[16] | $ 9,258 | [14],[29],[31] | ||
Cost | 8,841 | [13],[16] | 9,099 | [14],[29],[31] | ||
Fair value | $ 8,158 | [13],[16] | $ 8,787 | [14],[29],[31] | ||
Investment, Identifier [Axis]: EnCap Energy Fund Investments, LP Interests (EnCap Energy Capital Fund IX, L.P.) | ||||||
Schedule of Investments [Line Items] | ||||||
Units (as a percent) | 0.10% | [8],[9],[10],[45] | 0.10% | [11],[12],[32],[46] | ||
Cost | $ 3,564 | [8],[9],[10],[45] | $ 3,699 | [11],[12],[32],[46] | ||
Fair value | $ 1,720 | [8],[9],[10],[45] | $ 2,019 | [11],[12],[32],[46] | ||
Investment, Identifier [Axis]: EnCap Energy Fund Investments, LP Interests (EnCap Energy Capital Fund VIII Co-Investors, L.P.) | ||||||
Schedule of Investments [Line Items] | ||||||
Units (as a percent) | 0.38% | [8],[9],[10],[45] | 0.38% | [11],[12],[32],[46] | ||
Cost | $ 1,980 | [8],[9],[10],[45] | $ 1,984 | [11],[12],[32],[46] | ||
Fair value | $ 899 | [8],[9],[10],[45] | $ 1,037 | [11],[12],[32],[46] | ||
Investment, Identifier [Axis]: EnCap Energy Fund Investments, LP Interests (EnCap Energy Capital Fund VIII, L.P.) | ||||||
Schedule of Investments [Line Items] | ||||||
Units (as a percent) | 0.14% | [8],[9],[10],[45] | 0.14% | [11],[12],[32],[46] | ||
Cost | $ 3,567 | [8],[9],[10],[45] | $ 3,566 | [11],[12],[32],[46] | ||
Fair value | $ 1,918 | [8],[9],[10],[45] | $ 2,092 | [11],[12],[32],[46] | ||
Investment, Identifier [Axis]: EnCap Energy Fund Investments, LP Interests (EnCap Energy Capital Fund X, L.P.) | ||||||
Schedule of Investments [Line Items] | ||||||
Units (as a percent) | 0.15% | [8],[9],[10],[45] | 0.15% | [11],[12],[32],[46] | ||
Cost | $ 6,742 | [8],[9],[10],[45] | $ 8,236 | [11],[12],[32],[46] | ||
Fair value | $ 5,858 | [8],[9],[10],[45] | $ 9,351 | [11],[12],[32],[46] | ||
Investment, Identifier [Axis]: EnCap Energy Fund Investments, LP Interests (EnCap Flatrock Midstream Fund II, L.P.) | ||||||
Schedule of Investments [Line Items] | ||||||
Units (as a percent) | 0.84% | [8],[9],[10],[45] | 0.84% | [11],[12],[46] | ||
Cost | $ 5,083 | [8],[9],[10],[45] | $ 5,358 | [11],[12],[46] | ||
Fair value | $ 1,413 | [8],[9],[10],[45] | $ 1,688 | [11],[12],[46] | ||
Investment, Identifier [Axis]: EnCap Energy Fund Investments, LP Interests (EnCap Flatrock Midstream Fund III, L.P.) | ||||||
Schedule of Investments [Line Items] | ||||||
Units (as a percent) | 0.25% | [8],[9],[10],[45] | 0.25% | [11],[12],[32],[46] | ||
Cost | $ 4,495 | [8],[9],[10],[45] | $ 6,023 | [11],[12],[32],[46] | ||
Fair value | $ 4,056 | [8],[9],[10],[45] | $ 5,718 | [11],[12],[32],[46] | ||
Investment, Identifier [Axis]: Engineering Research & Consulting, LLC, Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [7],[29],[31] | 11.68% | ||||
Reference Rate and Spread | 5.50% | [6],[16],[28] | 6.50% | [7],[29],[31] | ||
Principal | $ 0 | [6],[16],[28] | $ 131 | [7],[29],[31] | ||
Cost | (35) | [6],[16],[28] | 85 | [7],[29],[31] | ||
Fair value | $ 0 | [6],[16],[28] | $ 131 | [7],[29],[31] | ||
Investment, Identifier [Axis]: Engineering Research & Consulting, LLC, Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 11.98% | [6],[16] | 10.92% | [7],[29],[31] | ||
Reference Rate and Spread | 6.50% | [6],[16] | 6.50% | [7],[29],[31] | ||
Principal | $ 16,134 | [6],[16] | $ 16,338 | [7],[29],[31] | ||
Cost | 15,899 | [6],[16] | 16,047 | [7],[29],[31] | ||
Fair value | $ 16,134 | [6],[16] | $ 16,338 | [7],[29],[31] | ||
Investment, Identifier [Axis]: Escalent, Inc., Common Equity | ||||||
Schedule of Investments [Line Items] | ||||||
Units (in shares) | [6] | 649,794 | ||||
Cost | [6] | $ 663 | ||||
Fair value | [6] | $ 730 | ||||
Investment, Identifier [Axis]: Escalent, Inc., Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Reference Rate and Spread | [6],[16],[28] | 8% | ||||
Principal | [6],[16],[28] | $ 0 | ||||
Cost | [6],[16],[28] | (35) | ||||
Fair value | [6],[16],[28] | $ (35) | ||||
Investment, Identifier [Axis]: Escalent, Inc., Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [6],[16] | 13.45% | ||||
Reference Rate and Spread | [6],[16] | 8% | ||||
Principal | [6],[16] | $ 26,313 | ||||
Cost | [6],[16] | 25,620 | ||||
Fair value | [6],[16] | $ 26,313 | ||||
Investment, Identifier [Axis]: Event Holdco, LLC, Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 12.61% | [6],[16] | 10.67% | [7],[31],[42] | ||
Reference Rate and Spread | 7% | [6],[16] | 7% | [7],[31],[42] | ||
Principal | $ 3,692 | [6],[16] | $ 3,692 | [7],[31],[42] | ||
Cost | 3,670 | [6],[16] | 3,663 | [7],[31],[42] | ||
Fair value | $ 3,626 | [6],[16] | $ 3,507 | [7],[31],[42] | ||
Investment, Identifier [Axis]: Event Holdco, LLC, Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 12.61% | [6],[16] | 10.67% | [7],[31],[42] | ||
Reference Rate and Spread | 7% | [6],[16] | 7% | [7],[31],[42] | ||
Principal | $ 44,169 | [6],[16] | $ 44,308 | [7],[31],[42] | ||
Cost | 43,905 | [6],[16] | 43,955 | [7],[31],[42] | ||
Fair value | 43,373 | [6],[16] | $ 42,083 | [7],[31],[42] | ||
Investment, Identifier [Axis]: Fidelity Government Fund | ||||||
Schedule of Investments [Line Items] | ||||||
Cost | [54] | 1,678 | ||||
Fair value | [54] | 1,678 | ||||
Investment, Identifier [Axis]: Fidelity Treasury | ||||||
Schedule of Investments [Line Items] | ||||||
Cost | [55] | 70 | ||||
Fair value | [55] | $ 70 | ||||
Investment, Identifier [Axis]: Flame King Holdings, LLC, Preferred Equity | ||||||
Schedule of Investments [Line Items] | ||||||
Units (in shares) | 9,360 | [8] | 9,360 | [32] | ||
Cost | $ 10,400 | [8] | $ 10,400 | [32] | ||
Fair value | $ 27,900 | [8] | $ 17,580 | [32] | 10,400 | |
Investment, Identifier [Axis]: Flame King Holdings, LLC, Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [31] | 10.75% | ||||
Reference Rate and Spread | 6.50% | 6.50% | [31] | |||
Principal | [31] | $ 7,600 | ||||
Cost | [31] | 7,537 | ||||
Fair value | $ 0 | $ 7,600 | [31] | 6,324 | ||
Investment, Identifier [Axis]: Flame King Holdings, LLC, Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [31] | 13.25% | ||||
Reference Rate and Spread | 9% | 9% | [31] | |||
Principal | [31] | $ 21,200 | ||||
Cost | [31] | 21,038 | ||||
Fair value | $ 0 | $ 21,200 | [31] | 20,996 | ||
Investment, Identifier [Axis]: Flip Electronics LLC, Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [7],[29],[31] | 11.21% | ||||
Reference Rate and Spread | [7],[29],[31] | 7.50% | ||||
Principal | [7],[29],[31] | $ 736 | ||||
Cost | [7],[29],[31] | 736 | ||||
Fair value | [7],[29],[31] | $ 736 | ||||
Investment, Identifier [Axis]: Flip Electronics LLC, Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [7],[29],[31] | 12.19% | ||||
Reference Rate and Spread | [7],[29],[31] | 7.50% | ||||
Principal | [7],[29],[31] | $ 11,095 | ||||
Cost | [7],[29],[31] | 10,852 | ||||
Fair value | [7],[29],[31] | $ 11,095 | ||||
Investment, Identifier [Axis]: Freeport Financial Funds, LP Interests (Freeport Financial SBIC Fund LP) | ||||||
Schedule of Investments [Line Items] | ||||||
Units (as a percent) | 9.30% | [9],[10],[45] | 9.30% | [11],[12],[46] | ||
Cost | $ 2,859 | [9],[10],[45] | $ 3,507 | [11],[12],[46] | ||
Fair value | $ 3,012 | [9],[10],[45] | $ 3,483 | [11],[12],[46] | ||
Investment, Identifier [Axis]: Freeport Financial Funds, LP Interests (Freeport First Lien Loan Fund III LP) | ||||||
Schedule of Investments [Line Items] | ||||||
Units (as a percent) | 5.95% | [8],[9],[10],[45] | 5.95% | [11],[12],[32],[46] | ||
Cost | $ 4,160 | [8],[9],[10],[45] | $ 6,303 | [11],[12],[32],[46] | ||
Fair value | 3,704 | [8],[9],[10],[45] | 5,848 | [11],[12],[32],[46] | ||
Investment, Identifier [Axis]: Freeport Financial SBIC Fund LP, LP Interests (Freeport Financial SBIC Fund LP) | ||||||
Schedule of Investments [Line Items] | ||||||
Fair value | 3,483 | 6,078 | ||||
Investment, Identifier [Axis]: Freeport Financial SBIC Fund LP, LP Interests (Freeport First Lien Loan Fund III LP) | ||||||
Schedule of Investments [Line Items] | ||||||
Fair value | 3,704 | 5,848 | 7,231 | |||
Investment, Identifier [Axis]: Freeport Financial SBIC Fund LP, LP Interests (Freeport First Lien Loan Fund LP) | ||||||
Schedule of Investments [Line Items] | ||||||
Fair value | $ 3,012 | $ 3,483 | ||||
Investment, Identifier [Axis]: Fuse, LLC, Common Stock | ||||||
Schedule of Investments [Line Items] | ||||||
Units (in shares) | 10,429 | [13] | 10,429 | [14] | ||
Cost | $ 256 | [13] | $ 256 | [14] | ||
Fair value | $ 0 | [13] | $ 0 | [14] | ||
Investment, Identifier [Axis]: Fuse, LLC, Secured Debt | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 12% | [13] | 12% | [14] | ||
Principal | $ 1,810 | [13] | $ 1,810 | [14] | ||
Cost | 1,810 | [13] | 1,810 | [14] | ||
Fair value | $ 1,320 | [13] | 1,512 | [14] | ||
Investment, Identifier [Axis]: GFG Group, LLC, Preferred Member Units | ||||||
Schedule of Investments [Line Items] | ||||||
Units (in shares) | [8] | 226 | ||||
Cost | [8] | $ 4,900 | ||||
Fair value | $ 11,460 | [8] | 7,140 | |||
Investment, Identifier [Axis]: GFG Group, LLC, Secured Debt | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 8% | |||||
Principal | $ 9,345 | |||||
Cost | 9,302 | |||||
Fair value | $ 9,345 | $ 11,345 | ||||
Investment, Identifier [Axis]: GFG Group, LLC., Preferred Member Units | ||||||
Schedule of Investments [Line Items] | ||||||
Units (in shares) | [32] | 226 | ||||
Cost | [32] | $ 4,900 | ||||
Fair value | $ 7,140 | [32] | 6,990 | |||
Investment, Identifier [Axis]: GFG Group, LLC., Secured Debt | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 9% | |||||
Principal | $ 11,345 | |||||
Cost | 11,269 | |||||
Fair value | $ 11,345 | 12,545 | ||||
Investment, Identifier [Axis]: GRT Rubber Technologies LLC, Member Units | ||||||
Schedule of Investments [Line Items] | ||||||
Units (in shares) | 5,879 | 5,879 | [32] | |||
Cost | $ 13,065 | $ 13,065 | [32] | |||
Fair value | $ 44,440 | $ 44,440 | [32] | 46,190 | ||
Investment, Identifier [Axis]: GRT Rubber Technologies LLC, Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 11.48% | 10.12% | ||||
Reference Rate and Spread | 6% | 6% | ||||
Principal | $ 2,400 | $ 670 | ||||
Cost | 2,394 | 670 | ||||
Fair value | $ 2,400 | $ 670 | 0 | |||
Investment, Identifier [Axis]: GRT Rubber Technologies LLC, Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 13.48% | 12.12% | ||||
Reference Rate and Spread | 8% | 8% | ||||
Principal | $ 40,493 | $ 40,493 | ||||
Cost | 40,360 | 40,313 | ||||
Fair value | $ 40,493 | $ 40,493 | 38,885 | |||
Investment, Identifier [Axis]: GS HVAM Intermediate, LLC, Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 11.96% | [6],[16],[56] | 11.20% | [7],[31] | ||
Reference Rate and Spread | 6.50% | [6],[16],[56] | 6.50% | [7],[31] | ||
Principal | $ 1,545 | [6],[16],[56] | $ 2,177 | [7],[31] | ||
Cost | 1,542 | [6],[16],[56] | 2,169 | [7],[31] | ||
Fair value | $ 1,545 | [6],[16],[56] | $ 2,171 | [7],[31] | ||
Investment, Identifier [Axis]: GS HVAM Intermediate, LLC, Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [7],[31] | 11.24% | ||||
Reference Rate and Spread | 6.50% | [6],[16],[28] | 6.50% | [7],[31] | ||
Principal | $ 0 | [6],[16],[28] | $ 10,734 | [7],[31] | ||
Cost | (9) | [6],[16],[28] | 10,695 | [7],[31] | ||
Fair value | $ (9) | [6],[16],[28] | $ 10,705 | [7],[31] | ||
Investment, Identifier [Axis]: GS HVAM Intermediate, LLC, Secured Debt 3 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [6],[16] | 11.96% | ||||
Reference Rate and Spread | [6],[16] | 6.50% | ||||
Principal | [6],[16] | $ 10,624 | ||||
Cost | [6],[16] | 10,605 | ||||
Fair value | [6],[16] | $ 10,624 | ||||
Investment, Identifier [Axis]: GS HVAM Intermediate, LLC, Secured Debt 4 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [6],[16] | 11.96% | ||||
Reference Rate and Spread | [6],[16] | 6.50% | ||||
Principal | [6],[16] | $ 952 | ||||
Cost | [6],[16] | 952 | ||||
Fair value | [6],[16] | $ 952 | ||||
Investment, Identifier [Axis]: GS HVAM Intermediate, LLC, Secured Debt 5 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [6],[16] | 11.96% | ||||
Reference Rate and Spread | [6],[16] | 6.50% | ||||
Principal | [6],[16] | $ 227 | ||||
Cost | [6],[16] | 224 | ||||
Fair value | [6],[16] | $ 227 | ||||
Investment, Identifier [Axis]: GULF PACIFIC ACQUISITION, LLC, Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 11.28% | [6],[16],[57] | 10.42% | [7],[29],[31] | ||
Reference Rate and Spread | 5.75% | [6],[16],[57] | 6% | [7],[29],[31] | ||
Principal | $ 454 | [6],[16],[57] | $ 252 | [7],[29],[31] | ||
Cost | 438 | [6],[16],[57] | 233 | [7],[29],[31] | ||
Fair value | $ 454 | [6],[16],[57] | $ 252 | [7],[29],[31] | ||
Investment, Identifier [Axis]: GULF PACIFIC ACQUISITION, LLC, Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [6],[16] | 11.38% | ||||
Reference Rate and Spread | 5.75% | [6],[16] | 6% | [7],[29],[30],[31] | ||
Principal | $ 301 | [6],[16] | $ 0 | [7],[29],[30],[31] | ||
Cost | 286 | [6],[16] | (15) | [7],[29],[30],[31] | ||
Fair value | $ 301 | [6],[16] | $ (15) | [7],[29],[30],[31] | ||
Investment, Identifier [Axis]: GULF PACIFIC ACQUISITION, LLC, Secured Debt 3 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 11.25% | [6],[16] | 10.73% | [7],[29],[31] | ||
Reference Rate and Spread | 5.75% | [6],[16] | 6% | [7],[29],[31] | ||
Principal | $ 3,615 | [6],[16] | $ 3,661 | [7],[29],[31] | ||
Cost | 3,558 | [6],[16] | 3,591 | [7],[29],[31] | ||
Fair value | $ 3,615 | [6],[16] | $ 3,661 | [7],[29],[31] | ||
Investment, Identifier [Axis]: Gamber-Johnson Holdings, LLC, Member Units | ||||||
Schedule of Investments [Line Items] | ||||||
Units (in shares) | 9,042 | [8] | 9,042 | [32] | ||
Cost | $ 17,692 | [8] | $ 17,692 | [32] | ||
Fair value | $ 96,710 | [8] | $ 50,890 | [32] | 49,700 | |
Investment, Identifier [Axis]: Gamber-Johnson Holdings, LLC, Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Reference Rate and Spread | 7.50% | [16],[28],[36] | 8.50% | [29],[30],[31] | ||
Principal | $ 0 | [16],[28],[36] | $ 0 | [29],[30],[31] | ||
Cost | 0 | [16],[28],[36] | 0 | [29],[30],[31] | ||
Fair value | $ 0 | [16],[28],[36] | $ 0 | [29],[30],[31] | 0 | |
Investment, Identifier [Axis]: Gamber-Johnson Holdings, LLC, Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 10.50% | [16],[36] | 11.50% | [29],[31] | ||
Reference Rate and Spread | 7.50% | [16],[36] | 8.50% | [29],[31] | ||
Principal | $ 54,078 | [16],[36] | $ 64,078 | [29],[31] | ||
Cost | 53,813 | [16],[36] | 63,685 | [29],[31] | ||
Fair value | $ 54,078 | [16],[36] | $ 64,078 | [29],[31] | 0 | |
Investment, Identifier [Axis]: Gamber-Johnson Holdings, LLC, Secured Debt 3 | ||||||
Schedule of Investments [Line Items] | ||||||
Reference Rate and Spread | 7.50% | |||||
Fair value | $ 0 | 21,598 | ||||
Investment, Identifier [Axis]: Garreco, LLC, Member Units | ||||||
Schedule of Investments [Line Items] | ||||||
Units (in shares) | 1,200 | 1,200 | [32] | |||
Cost | $ 1,200 | $ 1,200 | [32] | |||
Fair value | $ 1,580 | $ 1,800 | [32] | 2,270 | ||
Investment, Identifier [Axis]: Garreco, LLC, Secured Debt | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 9.50% | [16],[58] | 9.50% | [31],[59] | ||
Reference Rate and Spread | 8% | [16],[58] | 8% | [31],[59] | ||
Principal | $ 3,088 | [16],[58] | $ 3,826 | [31],[59] | ||
Cost | 3,088 | [16],[58] | 3,826 | [31],[59] | ||
Fair value | $ 3,088 | [16],[58] | $ 3,826 | [31],[59] | 4,196 | |
Investment, Identifier [Axis]: Garyline, LLC, Common Equity | ||||||
Schedule of Investments [Line Items] | ||||||
Units (in shares) | [6],[16] | 705,882 | ||||
Cost | [6],[16] | $ 706 | ||||
Fair value | [6],[16] | $ 706 | ||||
Investment, Identifier [Axis]: Garyline, LLC, Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Reference Rate and Spread | [6],[16],[28] | 6.75% | ||||
Principal | [6],[16],[28] | $ 0 | ||||
Cost | [6],[16],[28] | (256) | ||||
Fair value | [6],[16],[28] | $ (256) | ||||
Investment, Identifier [Axis]: Garyline, LLC, Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [6],[16] | 12.22% | ||||
Reference Rate and Spread | [6],[16] | 6.75% | ||||
Principal | [6],[16] | $ 32,471 | ||||
Cost | [6],[16] | 31,529 | ||||
Fair value | [6],[16] | $ 31,529 | ||||
Investment, Identifier [Axis]: GeoStabilization International (GSI), Secured Debt | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [14],[29] | 9.44% | ||||
Reference Rate and Spread | [14],[29] | 5.25% | ||||
Principal | [14],[29] | $ 20,497 | ||||
Cost | [14],[29] | 20,427 | ||||
Fair value | [14],[29] | $ 19,472 | ||||
Investment, Identifier [Axis]: Gulf Manufacturing, LLC, Member Units | ||||||
Schedule of Investments [Line Items] | ||||||
Units (in shares) | 438 | [8] | 438 | [32] | ||
Cost | $ 2,980 | [8] | $ 2,980 | [32] | ||
Fair value | $ 9,070 | [8] | $ 6,790 | [32] | 5,640 | |
Investment, Identifier [Axis]: Gulf Publishing Holdings, LLC, Member Units | ||||||
Schedule of Investments [Line Items] | ||||||
Units (in shares) | 3,681 | 3,681 | ||||
Cost | $ 3,681 | $ 3,681 | ||||
Fair value | $ 0 | $ 0 | 0 | |||
Investment, Identifier [Axis]: Gulf Publishing Holdings, LLC, Preferred Equity | ||||||
Schedule of Investments [Line Items] | ||||||
Units (in shares) | 63,720 | 63,720 | ||||
Cost | $ 5,600 | $ 5,600 | ||||
Fair value | $ 2,460 | $ 3,780 | 0 | |||
Investment, Identifier [Axis]: Gulf Publishing Holdings, LLC, Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Reference Rate and Spread | 9.50% | [16],[28] | 9.50% | [30],[31] | ||
Principal | $ 0 | [16],[28] | $ 0 | [30],[31] | ||
Cost | 0 | [16],[28] | 0 | [30],[31] | ||
Fair value | $ 0 | [16],[28] | $ 0 | [30],[31] | 257 | |
Investment, Identifier [Axis]: Gulf Publishing Holdings, LLC, Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 12.50% | 12.50% | ||||
Principal | $ 2,400 | $ 2,400 | ||||
Cost | 2,400 | 2,400 | ||||
Fair value | $ 2,284 | 2,284 | ||||
Investment, Identifier [Axis]: Gulf Publishing Holdings, LLC, Secured Debt 2.1 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 12.50% | |||||
Fair value | $ 2,284 | $ 2,284 | ||||
Investment, Identifier [Axis]: Gulf Publishing Holdings, LLC, Secured Debt 2.2 | ||||||
Schedule of Investments [Line Items] | ||||||
PIK Rate | 6.25% | |||||
Fair value | $ 0 | 9,717 | ||||
Investment, Identifier [Axis]: Gulf Publishing Holdings, LLC, Secured Debt 3 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 12.50% | |||||
Fair value | $ 2,284 | 0 | ||||
Investment, Identifier [Axis]: HDC/HW Intermediate Holdings, Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 14.34% | [6],[16],[38] | 14.34% | [7],[29],[31] | ||
Reference Rate and Spread | 9.50% | [6],[16],[38] | 9.50% | [7],[29],[31] | ||
PIK Rate | 14.34% | [6],[16],[38] | 2% | [7],[29],[31] | ||
Principal | $ 370 | [6],[16],[38] | $ 320 | [7],[29],[31] | ||
Cost | 370 | [6],[16],[38] | 319 | [7],[29],[31] | ||
Fair value | $ 336 | [6],[16],[38] | $ 311 | [7],[29],[31] | ||
Investment, Identifier [Axis]: HDC/HW Intermediate Holdings, Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 14.34% | [6],[16],[38] | 14.34% | [7],[29],[31] | ||
Reference Rate and Spread | 9.50% | [6],[16],[38] | 9.50% | [7],[29],[31] | ||
PIK Rate | 14.34% | [6],[16],[38] | 2% | [7],[29],[31] | ||
Principal | $ 3,751 | [6],[16],[38] | $ 3,277 | [7],[29],[31] | ||
Cost | 3,751 | [6],[16],[38] | 3,262 | [7],[29],[31] | ||
Fair value | $ 3,406 | [6],[16],[38] | $ 3,186 | [7],[29],[31] | ||
Investment, Identifier [Axis]: HEADLANDS OP-CO LLC, Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Reference Rate and Spread | 6.50% | [6],[16],[28] | 6.50% | [7],[29],[30],[31] | ||
Principal | $ 0 | [6],[16],[28] | $ 0 | [7],[29],[30],[31] | ||
Cost | (48) | [6],[16],[28] | (62) | [7],[29],[30],[31] | ||
Fair value | $ (48) | [6],[16],[28] | $ (62) | [7],[29],[30],[31] | ||
Investment, Identifier [Axis]: HEADLANDS OP-CO LLC, Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [6],[16] | 11.86% | ||||
Reference Rate and Spread | 6.50% | [6],[16] | 6.50% | [7],[29],[30],[31] | ||
Principal | $ 6,733 | [6],[16] | $ 0 | [7],[29],[30],[31] | ||
Cost | 6,622 | [6],[16] | (62) | [7],[29],[30],[31] | ||
Fair value | $ 6,733 | [6],[16] | $ (62) | [7],[29],[30],[31] | ||
Investment, Identifier [Axis]: HEADLANDS OP-CO LLC, Secured Debt 3 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 11.86% | [6],[16] | 10.62% | [7],[29],[31] | ||
Reference Rate and Spread | 6.50% | [6],[16] | 6.50% | [7],[29],[31] | ||
Principal | $ 16,622 | [6],[16] | $ 16,791 | [7],[29],[31] | ||
Cost | 16,384 | [6],[16] | 16,483 | [7],[29],[31] | ||
Fair value | $ 16,622 | [6],[16] | $ 16,791 | [7],[29],[31] | ||
Investment, Identifier [Axis]: HOWLCO LLC, Secured Debt | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 11.53% | [9],[13],[15],[16] | 10.69% | [11],[14],[17],[31] | ||
Reference Rate and Spread | 6% | [9],[13],[15],[16] | 6% | [11],[14],[17],[31] | ||
Principal | $ 25,162 | [9],[13],[15],[16] | $ 25,290 | [11],[14],[17],[31] | ||
Cost | 25,162 | [9],[13],[15],[16] | 25,290 | [11],[14],[17],[31] | ||
Fair value | 24,397 | [9],[13],[15],[16] | 24,381 | [11],[14],[17],[31] | ||
Investment, Identifier [Axis]: HPEP 3, L.P., LP Interests (423 COR, L.P.) | ||||||
Schedule of Investments [Line Items] | ||||||
Fair value | 1,869 | 1,400 | ||||
Investment, Identifier [Axis]: HPEP 3, L.P., LP Interests (423 COR, LP) | ||||||
Schedule of Investments [Line Items] | ||||||
Fair value | 1,400 | 0 | ||||
Investment, Identifier [Axis]: HPEP 3, L.P., LP Interests (HPEP 3, L.P.) | ||||||
Schedule of Investments [Line Items] | ||||||
Fair value | 4,225 | 4,331 | 4,712 | |||
Investment, Identifier [Axis]: HPEP 3, L.P., LP Interests (HPEP 4, L.P.) | ||||||
Schedule of Investments [Line Items] | ||||||
Fair value | $ 3,773 | $ 2,332 | 0 | |||
Investment, Identifier [Axis]: Harris Preston Fund Investments, LP Interests (2717 HPP-MS, L.P.) | ||||||
Schedule of Investments [Line Items] | ||||||
Units (as a percent) | 49.26% | [9],[10],[45] | 49.26% | [11],[12],[46] | ||
Cost | $ 248 | [9],[10],[45] | $ 248 | [11],[12],[46] | ||
Fair value | $ 315 | [9],[10],[45] | $ 248 | [11],[12],[46] | ||
Investment, Identifier [Axis]: Harris Preston Fund Investments, LP Interests (2717 MH, L.P.) | ||||||
Schedule of Investments [Line Items] | ||||||
Units (as a percent) | 49.26% | [8],[9],[10],[45] | 49.26% | [11],[12],[46] | ||
Cost | $ 3,345 | [8],[9],[10],[45] | $ 3,895 | [11],[12],[46] | ||
Fair value | $ 6,050 | [8],[9],[10],[45] | $ 7,552 | [11],[12],[46] | ||
Investment, Identifier [Axis]: Harris Preston Fund Investments, LP Interests (423 COR, L.P.) | ||||||
Schedule of Investments [Line Items] | ||||||
Units (as a percent) | [8],[9],[10],[45] | 22.93% | ||||
Cost | [8],[9],[10],[45] | $ 1,400 | ||||
Fair value | [8],[9],[10],[45] | $ 1,869 | ||||
Investment, Identifier [Axis]: Harris Preston Fund Investments, LP Interests (423 COR, LP) | ||||||
Schedule of Investments [Line Items] | ||||||
Units (as a percent) | [11],[12],[46] | 22.93% | ||||
Cost | [11],[12],[46] | $ 1,400 | ||||
Fair value | [11],[12],[46] | $ 1,400 | ||||
Investment, Identifier [Axis]: Harris Preston Fund Investments, LP Interests (423 HAR, L.P.) | ||||||
Schedule of Investments [Line Items] | ||||||
Units (as a percent) | [9],[10],[45] | 15.60% | ||||
Cost | [9],[10],[45] | $ 750 | ||||
Fair value | [9],[10],[45] | $ 996 | ||||
Investment, Identifier [Axis]: Harris Preston Fund Investments, LP Interests (HPEP 3, L.P.) | ||||||
Schedule of Investments [Line Items] | ||||||
Units (as a percent) | 8.22% | [9],[10],[45] | 8.22% | [11],[12],[46] | ||
Cost | $ 2,296 | [9],[10],[45] | $ 2,558 | [11],[12],[46] | ||
Fair value | $ 4,225 | [9],[10],[45] | $ 4,331 | [11],[12],[46] | ||
Investment, Identifier [Axis]: Harris Preston Fund Investments, LP Interests (HPEP 4, L.P.) | ||||||
Schedule of Investments [Line Items] | ||||||
Units (as a percent) | 11.61% | [9],[10],[45] | 8.71% | [11],[12],[46] | ||
Cost | $ 3,773 | [9],[10],[45] | $ 2,332 | [11],[12],[46] | ||
Fair value | $ 3,773 | [9],[10],[45] | $ 2,332 | [11],[12],[46] | ||
Investment, Identifier [Axis]: Harrison Hydra-Gen, Ltd., Common Stock | ||||||
Schedule of Investments [Line Items] | ||||||
Units (in shares) | 107,456 | 107,456 | ||||
Cost | $ 718 | $ 718 | ||||
Fair value | $ 4,660 | $ 3,280 | 3,530 | |||
Investment, Identifier [Axis]: Hawk Ridge Systems, LLC, Preferred Member Units 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Units (in shares) | 226 | 226 | [32] | |||
Cost | $ 2,850 | $ 2,850 | [32] | |||
Fair value | $ 17,460 | $ 17,460 | [32] | 14,680 | ||
Investment, Identifier [Axis]: Hawk Ridge Systems, LLC, Preferred Member Units 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Units (in shares) | 226 | [41] | 226 | [42] | ||
Cost | $ 150 | [41] | $ 150 | [42] | ||
Fair value | $ 920 | [41] | $ 920 | [42] | 770 | |
Investment, Identifier [Axis]: Hawk Ridge Systems, LLC, Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 11.65% | [16] | 10.13% | [31] | ||
Reference Rate and Spread | 6% | [16] | 6% | [31] | ||
Principal | $ 1,974 | [16] | $ 3,185 | [31] | ||
Cost | 1,972 | [16] | 3,183 | [31] | ||
Fair value | $ 1,974 | [16] | $ 3,185 | [31] | 2,585 | |
Investment, Identifier [Axis]: Hawk Ridge Systems, LLC, Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 12.50% | 9% | ||||
Principal | $ 45,256 | $ 37,800 | ||||
Cost | 45,144 | 37,685 | ||||
Fair value | $ 45,256 | $ 37,800 | 34,800 | |||
Investment, Identifier [Axis]: Heartland Dental, LLC, Secured Debt | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [7],[31] | 10.88% | ||||
Reference Rate and Spread | [7],[31] | 6.50% | ||||
Principal | [7],[31] | $ 14,663 | ||||
Cost | [7],[31] | 14,430 | ||||
Fair value | [7],[31] | $ 13,599 | ||||
Investment, Identifier [Axis]: Houston Plating and Coatings, LLC, Member Units | ||||||
Schedule of Investments [Line Items] | ||||||
Units (in shares) | 322,297 | [8] | 322,297 | |||
Cost | $ 2,352 | [8] | $ 2,352 | |||
Fair value | $ 3,340 | [8] | $ 2,400 | 3,210 | ||
Investment, Identifier [Axis]: Houston Plating and Coatings, LLC, Unsecured Convertible Debt | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 8% | 8% | ||||
Principal | $ 3,000 | $ 3,000 | ||||
Cost | 3,000 | 3,000 | ||||
Fair value | $ 2,880 | $ 3,000 | 2,960 | |||
Investment, Identifier [Axis]: Hybrid Promotions, LLC, Secured Debt | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 15.91% | [6],[16] | 12.07% | [7],[29] | ||
Reference Rate and Spread | 8.25% | [6],[16] | 8.25% | [7],[29] | ||
PIK Rate | [6],[16] | 2% | ||||
Principal | $ 7,167 | [6],[16] | $ 7,088 | [7],[29] | ||
Cost | 7,031 | [6],[16] | 6,986 | [7],[29] | ||
Fair value | 6,581 | [6],[16] | $ 6,144 | [7],[29] | ||
Investment, Identifier [Axis]: I-45 SLF LLC, Member Units (Fully diluted 20.0%; 21.75% profits interest) | ||||||
Schedule of Investments [Line Items] | ||||||
Units (as a percent) | [11],[12],[32] | 20% | ||||
Cost | [11],[12],[32] | $ 19,000 | ||||
Fair value | $ 11,758 | [11],[12],[32] | 14,387 | |||
Diluted, percentage (as a percent) | [11],[12] | 20% | ||||
Profits, percentage (as a percent) | [11],[12] | 21.75% | ||||
Investment, Identifier [Axis]: I-45 SLF LLC, Member Units (Fully diluted 20.0%; 21.75% profits interest) | ||||||
Schedule of Investments [Line Items] | ||||||
Cost | [8],[9],[10] | 20,200 | ||||
Fair value | $ 13,490 | [8],[9],[10] | $ 11,758 | |||
Diluted, percentage (as a percent) | [9],[10] | 20% | ||||
Profits, percentage (as a percent) | [9],[10] | 21.75% | ||||
Investment, Identifier [Axis]: IG Investor, LLC, Common Equity | ||||||
Schedule of Investments [Line Items] | ||||||
Units (in shares) | 14,400 | |||||
Cost | $ 14,400 | |||||
Fair value | 14,400 | 0 | ||||
Investment, Identifier [Axis]: IG Investor, LLC, Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Principal | [28] | 0 | ||||
Cost | [28] | (35) | ||||
Fair value | $ (35) | [28] | 0 | |||
Investment, Identifier [Axis]: IG Investor, LLC, Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 13% | |||||
Principal | $ 37,264 | |||||
Cost | 36,934 | |||||
Fair value | $ 36,934 | $ 0 | ||||
Investment, Identifier [Axis]: IG Parent Corporation, Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [14],[29],[31],[60] | 10.17% | ||||
Reference Rate and Spread | 5.75% | [13],[16],[28] | 5.75% | [14],[29],[31],[60] | ||
Principal | $ 0 | [13],[16],[28] | $ 698 | [14],[29],[31],[60] | ||
Cost | (20) | [13],[16],[28] | 670 | [14],[29],[31],[60] | ||
Fair value | $ 0 | [13],[16],[28] | $ 698 | [14],[29],[31],[60] | ||
Investment, Identifier [Axis]: IG Parent Corporation, Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 10.96% | [13],[16] | 10.17% | [14],[29],[31] | ||
Reference Rate and Spread | 5.50% | [13],[16] | 5.75% | [14],[29],[31] | ||
Principal | $ 9,399 | [13],[16] | $ 14,499 | [14],[29],[31] | ||
Cost | 9,294 | [13],[16] | 14,304 | [14],[29],[31] | ||
Fair value | $ 9,399 | [13],[16] | $ 14,499 | [14],[29],[31] | ||
Investment, Identifier [Axis]: IG Parent Corporation, Secured Debt 3 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [13],[16] | 10.96% | ||||
Reference Rate and Spread | [13],[16] | 5.50% | ||||
Principal | [13],[16] | $ 4,953 | ||||
Cost | [13],[16] | 4,899 | ||||
Fair value | [13],[16] | $ 4,953 | ||||
Investment, Identifier [Axis]: INW Manufacturing, LLC, Secured Debt | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 11.36% | [13],[16] | 10.48% | [14],[31] | ||
Reference Rate and Spread | 5.75% | [13],[16] | 5.75% | [14],[31] | ||
Principal | $ 6,656 | [13],[16] | $ 7,125 | [14],[31] | ||
Cost | 6,544 | [13],[16] | 6,968 | [14],[31] | ||
Fair value | $ 5,325 | [13],[16] | 6,092 | [14],[31] | ||
Investment, Identifier [Axis]: ITA Holdings Group, LLC, Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [16] | 16.59% | ||||
Reference Rate and Spread | [16] | 9% | ||||
PIK Rate | [16] | 2% | ||||
Principal | [16] | $ 826 | ||||
Cost | [16] | 816 | ||||
Fair value | $ 816 | [16] | 0 | |||
Investment, Identifier [Axis]: ITA Holdings Group, LLC, Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [16] | 16.59% | ||||
Reference Rate and Spread | [16] | 9% | ||||
PIK Rate | [16] | 2% | ||||
Principal | [16] | $ 711 | ||||
Cost | [16] | 697 | ||||
Fair value | $ 697 | [16] | 0 | |||
Investment, Identifier [Axis]: ITA Holdings Group, LLC, Secured Debt 3 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [16] | 15.59% | ||||
Reference Rate and Spread | [16] | 8% | ||||
PIK Rate | [16] | 2% | ||||
Principal | [16] | $ 4,362 | ||||
Cost | [16] | 3,430 | ||||
Fair value | $ 3,430 | [16] | 0 | |||
Investment, Identifier [Axis]: ITA Holdings Group, LLC, Secured Debt 4 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [16] | 17.59% | ||||
Reference Rate and Spread | [16] | 10% | ||||
PIK Rate | [16] | 2% | ||||
Principal | [16] | $ 4,362 | ||||
Cost | [16] | 3,430 | ||||
Fair value | $ 3,430 | [16] | 0 | |||
Investment, Identifier [Axis]: ITA Holdings Group, LLC, Warrants | ||||||
Schedule of Investments [Line Items] | ||||||
Units (in shares) | [26] | 193,307 | ||||
Cost | [26] | $ 2,091 | ||||
Fair value | $ 2,091 | [26] | $ 0 | |||
Investment, Identifier [Axis]: Imaging Business Machines, L.L.C., Common Equity | ||||||
Schedule of Investments [Line Items] | ||||||
Units (in shares) | [6] | 849 | ||||
Cost | [6] | $ 1,166 | ||||
Fair value | [6] | $ 1,110 | ||||
Investment, Identifier [Axis]: Imaging Business Machines, L.L.C., Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [6],[16],[61] | 12.41% | ||||
Reference Rate and Spread | [6],[16],[61] | 7% | ||||
Principal | [6],[16],[61] | $ 1,581 | ||||
Cost | [6],[16],[61] | 1,500 | ||||
Fair value | [6],[16],[61] | $ 1,571 | ||||
Investment, Identifier [Axis]: Imaging Business Machines, L.L.C., Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [6],[16] | 12.45% | ||||
Reference Rate and Spread | [6],[16] | 7% | ||||
Principal | [6],[16] | $ 20,768 | ||||
Cost | [6],[16] | 20,217 | ||||
Fair value | [6],[16] | $ 20,637 | ||||
Investment, Identifier [Axis]: Implus Footcare, LLC, Secured Debt | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 14.25% | [6],[16] | 13.98% | [7],[31] | ||
Reference Rate and Spread | 7.75% | [6],[16] | 7.75% | [7],[31] | ||
PIK Rate | 1% | [6],[16] | 1.50% | [7],[31] | ||
Principal | $ 18,645 | [6],[16] | $ 18,515 | [7],[31] | ||
Cost | 18,600 | [6],[16] | 18,384 | [7],[31] | ||
Fair value | $ 17,334 | [6],[16] | 17,464 | [7],[31] | ||
Investment, Identifier [Axis]: Independent Pet Partners Intermediate Holdings, LLC, Common Equity | ||||||
Schedule of Investments [Line Items] | ||||||
Units (in shares) | [6] | 18,006,407 | ||||
Cost | [6] | $ 18,300 | ||||
Fair value | $ 17,690 | [6] | $ 0 | |||
Investment, Identifier [Axis]: Independent Pet Partners Intermediate Holdings, LLC, Member Units | ||||||
Schedule of Investments [Line Items] | ||||||
Units (in shares) | [7] | 1,558,333 | ||||
Cost | [7] | $ 1,558 | ||||
Fair value | [7] | $ 0 | ||||
Investment, Identifier [Axis]: Independent Pet Partners Intermediate Holdings, LLC, Preferred Stock (non-voting) 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [7] | 6% | ||||
PIK Rate | [7] | 6% | ||||
Cost | [7] | $ 3,235 | ||||
Fair value | [7] | 0 | ||||
Investment, Identifier [Axis]: Independent Pet Partners Intermediate Holdings, LLC, Preferred Stock (non-voting) 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Cost | [7] | 0 | ||||
Fair value | [7] | $ 0 | ||||
Investment, Identifier [Axis]: Independent Pet Partners Intermediate Holdings, LLC, Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [7],[29] | 14.42% | ||||
Reference Rate and Spread | [7],[29] | 10% | ||||
PIK Rate | [7],[29] | 14.42% | ||||
Principal | [7],[29] | $ 806 | ||||
Cost | [7],[29] | 769 | ||||
Fair value | [7],[29] | $ 769 | ||||
Investment, Identifier [Axis]: Independent Pet Partners Intermediate Holdings, LLC, Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [7],[31],[62] | 13% | ||||
Reference Rate and Spread | [7],[31],[62] | 5.50% | ||||
PIK Rate | [7],[31],[62] | 13% | ||||
Principal | [7],[31],[62] | $ 7,027 | ||||
Cost | [7],[31],[62] | 7,027 | ||||
Fair value | [7],[31],[62] | $ 7,027 | ||||
Investment, Identifier [Axis]: Independent Pet Partners Intermediate Holdings, LLC, Secured Debt 3 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [7],[33] | 6% | ||||
PIK Rate | [7],[33] | 6% | ||||
Principal | [7],[33] | $ 18,428 | ||||
Cost | [7],[33] | 17,664 | ||||
Fair value | [7],[33] | $ 7,633 | ||||
Investment, Identifier [Axis]: Independent Pet Partners Intermediate Holdings, LLC, Warrants | ||||||
Schedule of Investments [Line Items] | ||||||
Units (in shares) | [7],[30],[63] | 242,914 | ||||
Cost | [7],[30],[63] | $ 0 | ||||
Fair value | [7],[30],[63] | $ 0 | ||||
Investment, Identifier [Axis]: Industrial Services Acquisition, LLC, Member Units | ||||||
Schedule of Investments [Line Items] | ||||||
Units (in shares) | 900 | [6],[41] | 900 | [7],[42] | ||
Cost | $ 900 | [6],[41] | $ 900 | [7],[42] | ||
Fair value | $ 690 | [6],[41] | $ 600 | [7],[42] | ||
Investment, Identifier [Axis]: Industrial Services Acquisition, LLC, Preferred Member Units 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Units (in shares) | 144 | [6],[8],[41] | 144 | [7],[32],[42] | ||
Total Rate | 10% | [6],[8],[41] | 10% | [7],[32],[42] | ||
PIK Rate | 10% | [6],[8],[41] | 10% | [7],[32],[42] | ||
Cost | $ 138 | [6],[8],[41] | $ 129 | [7],[32],[42] | ||
Fair value | $ 178 | [6],[8],[41] | $ 145 | [7],[32],[42] | ||
Investment, Identifier [Axis]: Industrial Services Acquisition, LLC, Preferred Member Units 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Units (in shares) | 80 | [6],[8],[41] | 80 | [7],[32],[42] | ||
Total Rate | 20% | [6],[8],[41] | 20% | [7],[32],[42] | ||
PIK Rate | 20% | [6],[8],[41] | 20% | [7],[32],[42] | ||
Cost | $ 102 | [6],[8],[41] | $ 92 | [7],[32],[42] | ||
Fair value | $ 120 | [6],[8],[41] | $ 93 | [7],[32],[42] | ||
Investment, Identifier [Axis]: Industrial Services Acquisition, LLC, Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 12.22% | [6],[16],[64] | 11.50% | [7],[31] | ||
Reference Rate and Spread | 6.75% | [6],[16],[64] | 6.75% | [7],[31] | ||
Principal | $ 1,390 | [6],[16],[64] | $ 463 | [7],[31] | ||
Cost | 1,367 | [6],[16],[64] | 430 | [7],[31] | ||
Fair value | $ 1,390 | [6],[16],[64] | $ 463 | [7],[31] | ||
Investment, Identifier [Axis]: Industrial Services Acquisition, LLC, Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 12.22% | [6],[16] | 11.50% | [7],[31] | ||
Reference Rate and Spread | 6.75% | [6],[16] | 6.75% | [7],[31] | ||
Principal | $ 19,044 | [6],[16] | $ 19,239 | [7],[31] | ||
Cost | 18,842 | [6],[16] | 18,956 | [7],[31] | ||
Fair value | $ 19,044 | [6],[16] | 19,239 | [7],[31] | ||
Investment, Identifier [Axis]: Infinity X1 Holdings, LLC, Preferred Equity | ||||||
Schedule of Investments [Line Items] | ||||||
Units (in shares) | 80,000 | |||||
Cost | $ 4,000 | |||||
Fair value | $ 4,000 | 0 | ||||
Investment, Identifier [Axis]: Infinity X1 Holdings, LLC, Secured Debt | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 13% | |||||
Principal | $ 17,550 | |||||
Cost | 17,403 | |||||
Fair value | $ 17,403 | $ 0 | ||||
Investment, Identifier [Axis]: Infolinks Media Buyco, LLC, Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [6],[16] | 11.21% | ||||
Reference Rate and Spread | 5.75% | [6],[16] | 5.50% | [7],[30],[31] | ||
Principal | $ 1,504 | [6],[16] | $ 0 | [7],[30],[31] | ||
Cost | 1,480 | [6],[16] | (19) | [7],[30],[31] | ||
Fair value | $ 1,504 | [6],[16] | $ (19) | [7],[30],[31] | ||
Investment, Identifier [Axis]: Infolinks Media Buyco, LLC, Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 11.21% | [6],[16] | 10.23% | [7],[31] | ||
Reference Rate and Spread | 5.75% | [6],[16] | 5.50% | [7],[31] | ||
Principal | $ 7,752 | [6],[16] | $ 8,593 | [7],[31] | ||
Cost | 7,663 | [6],[16] | 8,461 | [7],[31] | ||
Fair value | $ 7,752 | [6],[16] | 8,593 | [7],[31] | ||
Investment, Identifier [Axis]: Insight Borrower Corporation, Common Equity | ||||||
Schedule of Investments [Line Items] | ||||||
Units (in shares) | [6] | 131,100 | ||||
Cost | [6],[16] | $ 656 | ||||
Fair value | [6],[16] | $ 656 | ||||
Investment, Identifier [Axis]: Insight Borrower Corporation, Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Reference Rate and Spread | [6],[16],[28] | 6.25% | ||||
Principal | [6],[16],[28] | $ 0 | ||||
Cost | [6],[16],[28] | (70) | ||||
Fair value | [6],[16],[28] | $ (70) | ||||
Investment, Identifier [Axis]: Insight Borrower Corporation, Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Reference Rate and Spread | [6],[16],[28] | 6.25% | ||||
Principal | [6],[16],[28] | $ 0 | ||||
Cost | [6],[16],[28] | (57) | ||||
Fair value | [6],[16],[28] | $ (57) | ||||
Investment, Identifier [Axis]: Insight Borrower Corporation, Secured Debt 3 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [6],[16] | 11.65% | ||||
Reference Rate and Spread | [6],[16] | 6.25% | ||||
Principal | [6],[16] | $ 14,406 | ||||
Cost | [6],[16] | 14,009 | ||||
Fair value | [6],[16] | $ 14,258 | ||||
Investment, Identifier [Axis]: Inspire Aesthetics Management, LLC, Common Equity | ||||||
Schedule of Investments [Line Items] | ||||||
Units (in shares) | [6] | 131,569 | ||||
Cost | [6],[16] | $ 417 | ||||
Fair value | [6],[16] | $ 240 | ||||
Investment, Identifier [Axis]: Inspire Aesthetics Management, LLC, Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [6],[16],[65] | 13.53% | ||||
Reference Rate and Spread | [6],[16],[65] | 8% | ||||
Principal | [6],[16],[65] | $ 790 | ||||
Cost | [6],[16],[65] | 770 | ||||
Fair value | [6],[16],[65] | $ 776 | ||||
Investment, Identifier [Axis]: Inspire Aesthetics Management, LLC, Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [6],[16] | 13.55% | ||||
Reference Rate and Spread | [6],[16] | 8% | ||||
Principal | [6],[16] | $ 7,308 | ||||
Cost | [6],[16] | 7,146 | ||||
Fair value | [6],[16] | $ 7,177 | ||||
Investment, Identifier [Axis]: Inspire Aesthetics Management, LLC, Secured Debt 3 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [6],[16] | 13.55% | ||||
Reference Rate and Spread | [6],[16] | 8% | ||||
Principal | [6],[16] | $ 2,940 | ||||
Cost | [6],[16] | 2,879 | ||||
Fair value | [6],[16] | $ 2,887 | ||||
Investment, Identifier [Axis]: Integral Energy Services, Common Stock | ||||||
Schedule of Investments [Line Items] | ||||||
Units (in shares) | [6] | 9,968 | ||||
Cost | [6] | $ 1,356 | ||||
Fair value | $ 160 | [6] | 1,280 | |||
Investment, Identifier [Axis]: Integral Energy Services, Preferred Equity | ||||||
Schedule of Investments [Line Items] | ||||||
Units (in shares) | [6] | 3,188 | ||||
Total Rate | [6] | 10% | ||||
PIK Rate | [6] | 10% | ||||
Cost | [6] | $ 227 | ||||
Fair value | $ 300 | [6] | 0 | |||
Investment, Identifier [Axis]: Integral Energy Services, Secured Debt | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [6],[16] | 13.16% | ||||
Reference Rate and Spread | [6],[16] | 7.50% | ||||
Principal | [6],[16] | $ 14,485 | ||||
Cost | [6],[16] | 14,323 | ||||
Fair value | $ 13,891 | [6],[16] | $ 15,769 | |||
Investment, Identifier [Axis]: Interface Security Systems, L.L.C, Common Stock | ||||||
Schedule of Investments [Line Items] | ||||||
Units (in shares) | 2,143 | [6] | 2,143 | [7] | ||
Cost | $ 0 | [6] | $ 0 | [7] | ||
Fair value | $ 0 | [6] | $ 0 | [7] | ||
Investment, Identifier [Axis]: Interface Security Systems, L.L.C, Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 15.48% | [6],[38],[66] | 14.22% | [7],[67] | ||
Reference Rate and Spread | 10% | [6],[38],[66] | 10% | [7],[67] | ||
Principal | $ 1,835 | [6],[38],[66] | $ 1,682 | [7],[67] | ||
Cost | 1,835 | [6],[38],[66] | 1,682 | [7],[67] | ||
Fair value | $ 1,781 | [6],[38],[66] | $ 1,682 | [7],[67] | ||
Investment, Identifier [Axis]: Interface Security Systems, L.L.C, Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 12.46% | [6],[16],[34],[38] | 12.07% | [7],[31],[33] | ||
Reference Rate and Spread | 7% | [6],[16],[34],[38] | 7% | [7],[31],[33] | ||
PIK Rate | 12.46% | [6],[16],[34],[38] | 1% | [7],[31],[33] | ||
Principal | $ 7,313 | [6],[16],[34],[38] | $ 7,313 | [7],[31],[33] | ||
Cost | 7,237 | [6],[16],[34],[38] | 7,237 | [7],[31],[33] | ||
Fair value | $ 431 | [6],[16],[34],[38] | $ 1,082 | [7],[31],[33] | ||
Investment, Identifier [Axis]: Intermedia Holdings, Inc., Secured Debt | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 11.47% | [13],[16] | 10.38% | [14],[31] | ||
Reference Rate and Spread | 6% | [13],[16] | 6% | [14],[31] | ||
Principal | $ 20,201 | [13],[16] | $ 20,467 | [14],[31] | ||
Cost | 20,172 | [13],[16] | 20,418 | [14],[31] | ||
Fair value | $ 19,570 | [13],[16] | $ 15,811 | [14],[31] | ||
Investment, Identifier [Axis]: Invincible Boat Company, LLC., Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 12% | [6],[16] | 10.14% | [7],[31] | ||
Reference Rate and Spread | 6.50% | [6],[16] | 6.50% | [7],[31] | ||
Principal | $ 519 | [6],[16] | $ 622 | [7],[31] | ||
Cost | 516 | [6],[16] | 618 | [7],[31] | ||
Fair value | $ 509 | [6],[16] | $ 622 | [7],[31] | ||
Investment, Identifier [Axis]: Invincible Boat Company, LLC., Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 12% | [6],[16] | 10.17% | [7],[31] | ||
Reference Rate and Spread | 6.50% | [6],[16] | 6.50% | [7],[31] | ||
Principal | $ 16,812 | [6],[16] | $ 16,889 | [7],[31] | ||
Cost | 16,747 | [6],[16] | 16,784 | [7],[31] | ||
Fair value | $ 16,515 | [6],[16] | $ 16,889 | [7],[31] | ||
Investment, Identifier [Axis]: Iron-Main Investments, LLC, Common Stock | ||||||
Schedule of Investments [Line Items] | ||||||
Units (in shares) | 203,016 | 179,778 | ||||
Cost | $ 2,756 | $ 1,798 | ||||
Fair value | $ 2,680 | $ 1,798 | 1,798 | |||
Investment, Identifier [Axis]: Iron-Main Investments, LLC, Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 13.50% | 12.50% | ||||
Principal | $ 4,514 | $ 4,534 | ||||
Cost | 4,487 | 4,500 | ||||
Fair value | $ 4,487 | $ 4,500 | 4,557 | |||
Investment, Identifier [Axis]: Iron-Main Investments, LLC, Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 13.50% | 12.50% | ||||
Principal | $ 2,940 | $ 3,154 | ||||
Cost | 2,922 | 3,130 | ||||
Fair value | $ 2,922 | $ 3,130 | 3,170 | |||
Investment, Identifier [Axis]: Iron-Main Investments, LLC, Secured Debt 3 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 13.50% | 12.50% | ||||
Principal | $ 8,944 | $ 8,944 | ||||
Cost | 8,944 | 8,944 | ||||
Fair value | $ 8,944 | $ 8,944 | 8,944 | |||
Investment, Identifier [Axis]: Iron-Main Investments, LLC, Secured Debt 4 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 13.50% | 12.50% | ||||
Principal | $ 19,624 | $ 19,712 | ||||
Cost | 19,503 | 19,559 | ||||
Fair value | $ 19,503 | 19,559 | 19,805 | |||
Investment, Identifier [Axis]: Iron-Main Investments, LLC, Secured Debt 5 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 13.50% | |||||
Principal | $ 10,562 | |||||
Cost | 10,273 | |||||
Fair value | $ 10,273 | $ 0 | ||||
Investment, Identifier [Axis]: Isagenix International, LLC, Common Equity | ||||||
Schedule of Investments [Line Items] | ||||||
Units (in shares) | [13] | 186,322 | ||||
Cost | [13] | $ 0 | ||||
Fair value | [13] | $ 0 | ||||
Investment, Identifier [Axis]: Isagenix International, LLC, Secured Debt | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 11.04% | [13],[16] | 9.93% | [14],[31],[33] | ||
Reference Rate and Spread | 5.50% | [13],[16] | 7.75% | [14],[31],[33] | ||
PIK Rate | [13],[16] | 8.54% | ||||
Principal | $ 2,615 | [13],[16] | $ 5,053 | [14],[31],[33] | ||
Cost | 2,374 | [13],[16] | 5,038 | [14],[31],[33] | ||
Fair value | $ 2,301 | [13],[16] | $ 1,537 | [14],[31],[33] | ||
Investment, Identifier [Axis]: JTI Electrical & Mechanical, LLC, Common Equity | ||||||
Schedule of Investments [Line Items] | ||||||
Units (in shares) | 1,684,211 | [6] | 1,684,211 | [7] | ||
Cost | $ 1,684 | [6] | $ 1,684 | [7] | ||
Fair value | $ 1,710 | [6] | $ 2,840 | [7] | ||
Investment, Identifier [Axis]: JTI Electrical & Mechanical, LLC, Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [6],[16],[68] | 11.64% | ||||
Reference Rate and Spread | 6% | [6],[16],[68] | 6% | [7],[30],[31] | ||
Principal | $ 3,137 | [6],[16],[68] | $ 0 | [7],[30],[31] | ||
Cost | 3,036 | [6],[16],[68] | (135) | [7],[30],[31] | ||
Fair value | $ 3,137 | [6],[16],[68] | $ (135) | [7],[30],[31] | ||
Investment, Identifier [Axis]: JTI Electrical & Mechanical, LLC, Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 11.61% | [6],[16] | 10.73% | [7],[31] | ||
Reference Rate and Spread | 6% | [6],[16] | 6% | [7],[31] | ||
Principal | $ 36,000 | [6],[16] | $ 36,947 | [7],[31] | ||
Cost | 35,562 | [6],[16] | 36,358 | [7],[31] | ||
Fair value | $ 36,000 | [6],[16] | $ 36,947 | [7],[31] | ||
Investment, Identifier [Axis]: Jackmont Hospitality, Inc., Preferred Equity | ||||||
Schedule of Investments [Line Items] | ||||||
Units (in shares) | 2,826,667 | [6] | 2,826,667 | [7],[32] | ||
Total Rate | [7],[32] | 12% | ||||
PIK Rate | [7],[32] | 12% | ||||
Cost | $ 110 | [6] | $ 123 | [7],[32] | ||
Fair value | $ 1,090 | [6] | $ 623 | [7],[32] | ||
Investment, Identifier [Axis]: Jackmont Hospitality, Inc., Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 12.46% | [6],[16],[69] | 12.23% | [7],[31] | ||
Reference Rate and Spread | 7% | [6],[16],[69] | 7.50% | [7],[31] | ||
Principal | $ 835 | [6],[16],[69] | $ 500 | [7],[31] | ||
Cost | 823 | [6],[16],[69] | 483 | [7],[31] | ||
Fair value | $ 835 | [6],[16],[69] | $ 500 | [7],[31] | ||
Investment, Identifier [Axis]: Jackmont Hospitality, Inc., Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 12.46% | [6],[16] | 12.23% | [7],[31] | ||
Reference Rate and Spread | 7% | [6],[16] | 7.50% | [7],[31] | ||
Principal | $ 1,974 | [6],[16] | $ 2,079 | [7],[31] | ||
Cost | 1,974 | [6],[16] | 2,079 | [7],[31] | ||
Fair value | $ 1,974 | [6],[16] | $ 2,079 | [7],[31] | ||
Investment, Identifier [Axis]: Jensen Jewelers of Idaho, LLC, Member Units | ||||||
Schedule of Investments [Line Items] | ||||||
Units (in shares) | 627 | [8] | 627 | [32] | ||
Cost | $ 811 | [8] | $ 811 | [32] | ||
Fair value | $ 12,420 | [8] | 14,970 | [32] | 12,420 | |
Investment, Identifier [Axis]: Jensen Jewelers of Idaho, LLC, Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 15.25% | |||||
Reference Rate and Spread | 6.75% | |||||
Fair value | $ 1,998 | $ 2,450 | ||||
Investment, Identifier [Axis]: Jensen Jewelers of Idaho, LLC, Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Reference Rate and Spread | 6.75% | [28],[38] | 6.75% | [30] | ||
Principal | $ 0 | [28],[38] | $ 0 | [30] | ||
Cost | 0 | [28],[38] | 0 | [30] | ||
Fair value | $ 0 | [28],[38] | $ 0 | [30] | 0 | |
Investment, Identifier [Axis]: Jensen Jewelers of Idaho, LLC, Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 15.25% | [16],[38] | 13.75% | [31] | ||
Reference Rate and Spread | 6.75% | [16],[38] | 6.75% | [31] | ||
Principal | $ 1,998 | [16],[38] | $ 2,450 | [31] | ||
Cost | 1,998 | [16],[38] | 2,444 | [31] | ||
Fair value | $ 1,998 | [16],[38] | $ 2,450 | [31] | 2,550 | |
Investment, Identifier [Axis]: Joerns Healthcare, LLC, Common Stock | ||||||
Schedule of Investments [Line Items] | ||||||
Units (in shares) | 472,579 | [13] | 472,579 | [14] | ||
Cost | $ 4,429 | [13],[34] | $ 4,429 | [14] | ||
Fair value | $ 0 | [13],[34] | $ 0 | [14] | ||
Investment, Identifier [Axis]: Joerns Healthcare, LLC, Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 23.63% | [13],[16],[34] | 18% | [14] | ||
Reference Rate and Spread | [13],[16],[34] | 18% | ||||
PIK Rate | [13],[16],[34] | 23.63% | ||||
Principal | $ 2,431 | [13],[16],[34] | $ 2,297 | [14] | ||
Cost | 2,431 | [13],[16],[34] | 2,297 | [14] | ||
Fair value | $ 2,074 | [13],[16],[34] | $ 2,297 | [14] | ||
Investment, Identifier [Axis]: Joerns Healthcare, LLC, Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 21.63% | [13],[16],[34] | 19.75% | [14],[33] | ||
Reference Rate and Spread | [13],[16],[34] | 16% | ||||
PIK Rate | 21.63% | [13],[16],[34] | 19.75% | [14],[33] | ||
Principal | $ 2,057 | [13],[16],[34] | $ 4,034 | [14],[33] | ||
Cost | 2,038 | [13],[16],[34] | 3,997 | [14],[33] | ||
Fair value | $ 143 | [13],[16],[34] | $ 504 | [14],[33] | ||
Investment, Identifier [Axis]: Joerns Healthcare, LLC, Secured Debt 3 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [13],[16],[34] | 21.63% | ||||
Reference Rate and Spread | [13],[16],[34] | 16% | ||||
PIK Rate | [13],[16],[34] | 21.63% | ||||
Principal | [13],[16],[34] | $ 1,978 | ||||
Cost | [13],[16],[34] | 1,959 | ||||
Fair value | [13],[16],[34] | $ 137 | ||||
Investment, Identifier [Axis]: Johnson Downie Opco, LLC, Preferred Equity | ||||||
Schedule of Investments [Line Items] | ||||||
Units (in shares) | 3,310 | 3,150 | [32] | |||
Cost | $ 3,635 | $ 3,150 | [32] | |||
Fair value | $ 9,620 | $ 5,540 | [32] | 3,150 | ||
Investment, Identifier [Axis]: Johnson Downie Opco, LLC, Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 15% | |||||
Reference Rate and Spread | [30],[31] | 11.50% | ||||
Principal | $ 0 | [28] | $ 0 | [30],[31] | ||
Cost | (18) | [28] | (14) | [30],[31] | ||
Fair value | $ 0 | [28] | $ 0 | [30],[31] | (18) | |
Investment, Identifier [Axis]: Johnson Downie Opco, LLC, Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 15% | 15.63% | [31] | |||
Reference Rate and Spread | [31] | 11.50% | ||||
Principal | $ 24,207 | $ 9,999 | [31] | |||
Cost | 24,066 | 9,920 | [31] | |||
Fair value | $ 24,207 | $ 9,999 | [31] | 11,362 | ||
Investment, Identifier [Axis]: JorVet Holdings, LLC, Preferred Equity | ||||||
Schedule of Investments [Line Items] | ||||||
Units (in shares) | 107,406 | [8] | 107,406 | [32] | ||
Cost | $ 10,741 | [8] | $ 10,741 | [32] | ||
Fair value | $ 10,741 | [8] | $ 10,741 | [32] | 0 | |
Investment, Identifier [Axis]: JorVet Holdings, LLC, Secured Debt | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 12% | 12% | ||||
Principal | $ 25,650 | $ 25,650 | ||||
Cost | 25,483 | 25,432 | ||||
Fair value | $ 25,483 | $ 25,432 | 0 | |||
Investment, Identifier [Axis]: KBK Industries, LLC, Member Units | ||||||
Schedule of Investments [Line Items] | ||||||
Units (in shares) | 325 | [8] | 325 | [32] | ||
Cost | $ 783 | [8] | $ 783 | [32] | ||
Fair value | $ 22,770 | [8] | 15,570 | [32] | 13,620 | |
Investment, Identifier [Axis]: KBK Industries, LLC, Secured Debt | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 9% | |||||
Principal | $ 4,700 | |||||
Cost | 4,662 | |||||
Fair value | $ 4,700 | $ 0 | ||||
Investment, Identifier [Axis]: KMS, LLC, Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 14.75% | [6],[16] | 12% | [7],[31] | ||
Reference Rate and Spread | 9.25% | [6],[16] | 7.25% | [7],[31] | ||
Principal | $ 1,034 | [6],[16] | $ 1,064 | [7],[31] | ||
Cost | 1,002 | [6],[16] | 1,019 | [7],[31] | ||
Fair value | $ 943 | [6],[16] | $ 995 | [7],[31] | ||
Investment, Identifier [Axis]: KMS, LLC, Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 14.75% | [6],[16] | 12% | [7],[31] | ||
Reference Rate and Spread | 9.25% | [6],[16] | 7.25% | [7],[31] | ||
Principal | $ 7,448 | [6],[16] | $ 7,505 | [7],[31] | ||
Cost | 7,365 | [6],[16] | 7,391 | [7],[31] | ||
Fair value | $ 6,782 | [6],[16] | $ 7,022 | [7],[31] | ||
Investment, Identifier [Axis]: Kickhaefer Manufacturing Company, LLC, Member Units | ||||||
Schedule of Investments [Line Items] | ||||||
Units (in shares) | 800 | [41] | 800 | [32],[42] | ||
Cost | $ 992 | [41] | $ 992 | [32],[42] | ||
Fair value | $ 2,730 | [41] | 2,850 | [32],[42] | ||
Investment, Identifier [Axis]: Kickhaefer Manufacturing Company, LLC, Member Units 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Fair value | $ 2,850 | 2,460 | ||||
Investment, Identifier [Axis]: Kickhaefer Manufacturing Company, LLC, Preferred Equity | ||||||
Schedule of Investments [Line Items] | ||||||
Units (in shares) | 581 | 581 | ||||
Cost | $ 12,240 | $ 12,240 | ||||
Fair value | $ 9,690 | $ 7,220 | 12,310 | |||
Investment, Identifier [Axis]: Kickhaefer Manufacturing Company, LLC, Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 12% | 11.50% | ||||
Principal | $ 19,799 | $ 20,415 | ||||
Cost | 19,774 | 20,374 | ||||
Fair value | $ 19,774 | $ 20,374 | 20,324 | |||
Investment, Identifier [Axis]: Kickhaefer Manufacturing Company, LLC, Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 9% | 9% | ||||
Principal | $ 3,840 | $ 3,879 | ||||
Cost | 3,805 | 3,842 | ||||
Fair value | $ 3,805 | $ 3,842 | 3,876 | |||
Investment, Identifier [Axis]: Kore Wireless Group Inc., Secured Debt | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [14],[29] | 10.08% | ||||
Reference Rate and Spread | [14],[29] | 5.50% | ||||
Principal | [14],[29] | $ 11,326 | ||||
Cost | [14],[29] | 11,280 | ||||
Fair value | [14],[29] | 10,930 | ||||
Investment, Identifier [Axis]: L.F. Manufacturing Holdings, LLC, Member Units | ||||||
Schedule of Investments [Line Items] | ||||||
Fair value | $ 0 | 2,560 | ||||
Investment, Identifier [Axis]: L.F. Manufacturing Holdings, LLC, Preferred Member Units (non-voting) | ||||||
Schedule of Investments [Line Items] | ||||||
PIK Rate | 14% | |||||
Fair value | $ 0 | 107 | ||||
Investment, Identifier [Axis]: LKCM Headwater Investments I, L.P., LP Interests | ||||||
Schedule of Investments [Line Items] | ||||||
Units (as a percent) | 2.27% | [9],[10],[45] | 2.27% | [11],[12],[32],[46] | ||
Cost | $ 1,746 | [9],[10],[45] | $ 1,746 | [11],[12],[32],[46] | ||
Fair value | $ 2,988 | [9],[10],[45] | $ 3,197 | [11],[12],[32],[46] | ||
Investment, Identifier [Axis]: LL Management, Inc., Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 12.71% | [6],[16] | 11.21% | [7],[29],[31] | ||
Reference Rate and Spread | 7.25% | [6],[16] | 7.25% | [7],[29],[31] | ||
Principal | $ 7,960 | [6],[16] | $ 8,106 | [7],[29],[31] | ||
Cost | 7,940 | [6],[16] | 8,087 | [7],[29],[31] | ||
Fair value | $ 7,960 | [6],[16] | $ 8,047 | [7],[29],[31] | ||
Investment, Identifier [Axis]: LL Management, Inc., Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 12.71% | [6],[16] | 11.67% | [7],[29],[31] | ||
Reference Rate and Spread | 7.25% | [6],[16] | 7.25% | [7],[29],[31] | ||
Principal | $ 5,246 | [6],[16] | $ 9,197 | [7],[29],[31] | ||
Cost | 5,231 | [6],[16] | 9,160 | [7],[29],[31] | ||
Fair value | $ 5,246 | [6],[16] | $ 9,130 | [7],[29],[31] | ||
Investment, Identifier [Axis]: LL Management, Inc., Secured Debt 3 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 12.71% | [6],[16] | 11.67% | [7],[29],[31] | ||
Reference Rate and Spread | 7.25% | [6],[16] | 7.25% | [7],[29],[31] | ||
Principal | $ 2,803 | [6],[16] | $ 10,827 | [7],[29],[31] | ||
Cost | 2,796 | [6],[16] | 10,733 | [7],[29],[31] | ||
Fair value | $ 2,803 | [6],[16] | $ 10,749 | [7],[29],[31] | ||
Investment, Identifier [Axis]: LL Management, Inc., Secured Debt 4 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [6],[16] | 12.71% | ||||
Reference Rate and Spread | [6],[16] | 7.25% | ||||
Principal | [6],[16] | $ 1,056 | ||||
Cost | [6],[16] | 1,053 | ||||
Fair value | [6],[16] | $ 1,056 | ||||
Investment, Identifier [Axis]: LL Management, Inc., Secured Debt 5 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [6],[16] | 12.71% | ||||
Reference Rate and Spread | [6],[16] | 7.25% | ||||
Principal | [6],[16] | $ 10,694 | ||||
Cost | [6],[16] | 10,658 | ||||
Fair value | [6],[16] | $ 10,694 | ||||
Investment, Identifier [Axis]: LLFlex, LLC, Secured Debt | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 15.54% | [6],[16] | 12.74% | [7],[31] | ||
Reference Rate and Spread | 9% | [6],[16] | 9% | [7],[31] | ||
PIK Rate | [6],[16] | 1% | ||||
Principal | $ 4,428 | [6],[16] | $ 4,444 | [7],[31] | ||
Cost | 4,338 | [6],[16] | 4,370 | [7],[31] | ||
Fair value | $ 3,979 | [6],[16] | $ 4,350 | [7],[31] | ||
Investment, Identifier [Axis]: Lightbox Holdings, L.P., Secured Debt | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 10.62% | [13] | 9.73% | [14] | ||
Reference Rate and Spread | 5% | [13] | 5% | [14] | ||
Principal | $ 14,325 | [13] | $ 14,475 | [14] | ||
Cost | 14,237 | [13] | 14,349 | [14] | ||
Fair value | $ 13,895 | [13] | $ 13,968 | [14] | ||
Investment, Identifier [Axis]: Logix Acquisition Company, LLC, Secured Debt | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 13.25% | [6],[16] | 10.13% | [7],[31] | ||
Reference Rate and Spread | 4.75% | [6],[16] | 5.75% | [7],[31] | ||
Principal | $ 23,921 | [6],[16] | $ 19,662 | [7],[31] | ||
Cost | 23,082 | [6],[16] | 19,033 | [7],[31] | ||
Fair value | $ 18,778 | [6],[16] | $ 16,221 | [7],[31] | ||
Investment, Identifier [Axis]: Looking Glass Investments, LLC, Member Units | ||||||
Schedule of Investments [Line Items] | ||||||
Units (in shares) | 3 | [9],[10] | 3 | [11],[12] | ||
Cost | $ 125 | [9],[10] | $ 125 | [11],[12] | ||
Fair value | $ 25 | [9],[10] | $ 25 | [11],[12] | ||
Investment, Identifier [Axis]: MB2 Dental Solutions, LLC, Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 11.46% | [13],[16] | 10.42% | [14],[29],[31] | ||
Reference Rate and Spread | 6% | [13],[16] | 6% | [14],[29],[31] | ||
Principal | $ 2,803 | [13],[16] | $ 8,338 | [14],[29],[31] | ||
Cost | 2,785 | [13],[16] | 8,267 | [14],[29],[31] | ||
Fair value | $ 2,803 | [13],[16] | $ 8,338 | [14],[29],[31] | ||
Investment, Identifier [Axis]: MB2 Dental Solutions, LLC, Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 11.46% | [13],[16] | 10.42% | [14],[29],[31] | ||
Reference Rate and Spread | 6% | [13],[16] | 6% | [14],[29],[31] | ||
Principal | $ 3,925 | [13],[16] | $ 7,876 | [14],[29],[31] | ||
Cost | 3,899 | [13],[16] | 7,784 | [14],[29],[31] | ||
Fair value | $ 3,925 | [13],[16] | $ 7,876 | [14],[29],[31] | ||
Investment, Identifier [Axis]: MB2 Dental Solutions, LLC, Secured Debt 3 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [13],[16] | 11.46% | ||||
Reference Rate and Spread | [13],[16] | 6% | ||||
Principal | [13],[16] | $ 3,464 | ||||
Cost | [13],[16] | 3,440 | ||||
Fair value | [13],[16] | $ 3,464 | ||||
Investment, Identifier [Axis]: MB2 Dental Solutions, LLC, Secured Debt 4 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [13],[16] | 11.46% | ||||
Reference Rate and Spread | [13],[16] | 6% | ||||
Principal | [13],[16] | $ 7,796 | ||||
Cost | [13],[16] | 7,727 | ||||
Fair value | [13],[16] | $ 7,796 | ||||
Investment, Identifier [Axis]: MH Corbin Holding LLC, Preferred Member Units 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Units (in shares) | 66,000 | 66,000 | ||||
Cost | $ 4,400 | $ 4,400 | ||||
Fair value | $ 330 | $ 0 | 0 | |||
Investment, Identifier [Axis]: MH Corbin Holding LLC, Preferred Member Units 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Units (in shares) | 4,000 | 4,000 | ||||
Cost | $ 6,000 | $ 6,000 | ||||
Fair value | $ 0 | $ 0 | 0 | |||
Investment, Identifier [Axis]: MH Corbin Holding LLC, Secured Debt | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 13% | [38] | 13% | |||
Principal | $ 5,400 | [38] | $ 6,156 | |||
Cost | 5,400 | [38] | 6,156 | |||
Fair value | $ 5,022 | [38] | 4,548 | 5,934 | ||
Investment, Identifier [Axis]: MS Private Loan Fund I, LP, LP Interests | ||||||
Schedule of Investments [Line Items] | ||||||
Fair value | 14,833 | 2,581 | ||||
Investment, Identifier [Axis]: MS Private Loan Fund I, LP, Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Fair value | $ 0 | 63,151 | ||||
Investment, Identifier [Axis]: MS Private Loan Fund I, LP, LP Interests | ||||||
Schedule of Investments [Line Items] | ||||||
Units (as a percent) | 14.51% | [8],[9],[10],[45] | 14.51% | [11],[12],[32],[46] | ||
Cost | $ 14,250 | [8],[9],[10],[45] | $ 14,250 | [11],[12],[32],[46] | ||
Fair value | $ 14,527 | [8],[9],[10],[45] | 14,833 | [11],[12],[32],[46] | ||
Investment, Identifier [Axis]: MS Private Loan Fund I, LP, Secured Debt | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 5% | |||||
Principal | $ 0 | [9],[10],[28] | 0 | [11],[12],[30] | ||
Cost | 0 | [9],[10],[28] | 0 | [11],[12],[30] | ||
Fair value | $ 0 | [9],[10],[28] | 0 | [11],[12],[30] | ||
Investment, Identifier [Axis]: MS Private Loan Fund I, LP, Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Fair value | 0 | 0 | ||||
Investment, Identifier [Axis]: MS Private Loan Fund II, LP, LP Interests | ||||||
Schedule of Investments [Line Items] | ||||||
Units (as a percent) | [9],[10],[45] | 13.37% | ||||
Cost | [9],[10],[45] | $ 1,561 | ||||
Fair value | $ 1,561 | [9],[10],[45] | 0 | |||
Investment, Identifier [Axis]: MS Private Loan Fund II, LP, Secured Debt | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [9],[10],[16] | 8.88% | ||||
Reference Rate and Spread | [9],[10],[16] | 3.50% | ||||
Principal | [9],[10],[16] | $ 23,500 | ||||
Cost | [9],[10],[16] | 23,367 | ||||
Fair value | $ 23,367 | [9],[10],[16] | $ 0 | |||
Investment, Identifier [Axis]: MSC Adviser I, LLC, Member Units | ||||||
Schedule of Investments [Line Items] | ||||||
Units (in shares) | [32],[70] | 1 | ||||
Units (as a percent) | [8],[71] | 100% | ||||
Cost | $ 29,500 | [8],[71] | $ 29,500 | [32],[70] | ||
Fair value | $ 174,063 | [8],[71] | $ 122,930 | [32],[70] | 140,400 | |
Investment, Identifier [Axis]: MSC Income Fund, Inc., Common Equity | ||||||
Schedule of Investments [Line Items] | ||||||
Units (in shares) | 1,290,267 | [8],[9],[10] | 94,697 | [11],[12],[32] | ||
Cost | $ 10,000 | [8],[9],[10] | $ 750 | [11],[12],[32] | ||
Fair value | $ 10,025 | [8],[9],[10] | $ 753 | [11],[12],[32] | 0 | |
Investment, Identifier [Axis]: Mako Steel, LP, Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [7],[31],[72] | 11.79% | ||||
Reference Rate and Spread | 6.75% | [6],[16],[28] | 7.25% | [7],[31],[72] | ||
Principal | $ 0 | [6],[16],[28] | $ 3,103 | [7],[31],[72] | ||
Cost | (28) | [6],[16],[28] | 3,063 | [7],[31],[72] | ||
Fair value | $ 0 | [6],[16],[28] | $ 3,083 | [7],[31],[72] | ||
Investment, Identifier [Axis]: Mako Steel, LP, Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 12.28% | [6],[16] | 11.09% | [7],[31] | ||
Reference Rate and Spread | 6.75% | [6],[16] | 7.25% | [7],[31] | ||
Principal | $ 15,049 | [6],[16] | $ 15,324 | [7],[31] | ||
Cost | 14,914 | [6],[16] | 15,122 | [7],[31] | ||
Fair value | 15,049 | [6],[16] | $ 15,224 | [7],[31] | ||
Investment, Identifier [Axis]: Market Force Information, LLC, Member Units | ||||||
Schedule of Investments [Line Items] | ||||||
Units (in shares) | 743,921 | |||||
Cost | $ 16,642 | |||||
Fair value | $ 0 | $ 0 | 0 | |||
Investment, Identifier [Axis]: Market Force Information, LLC, Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [31] | 15.13% | ||||
Reference Rate and Spread | 11% | 11% | [31] | |||
Principal | [31] | $ 6,275 | ||||
Cost | [31] | 6,253 | ||||
Fair value | $ 0 | $ 6,090 | [31] | 3,400 | ||
Investment, Identifier [Axis]: Market Force Information, LLC, Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [33] | 12% | ||||
Reference Rate and Spread | 11% | |||||
PIK Rate | [33] | 12% | ||||
Principal | [33] | $ 26,079 | ||||
Cost | [33] | 25,952 | ||||
Fair value | $ 0 | $ 1,610 | [33] | 8,936 | ||
Investment, Identifier [Axis]: MetalForming AcquireCo, LLC, Common Stock | ||||||
Schedule of Investments [Line Items] | ||||||
Units (in shares) | 1,537,219 | |||||
Cost | $ 1,537 | |||||
Fair value | $ 1,537 | 0 | ||||
Investment, Identifier [Axis]: MetalForming AcquireCo, LLC, Preferred Equity | ||||||
Schedule of Investments [Line Items] | ||||||
Units (in shares) | [32] | 5,915,585 | ||||
Total Rate | [32] | 8% | ||||
PIK Rate | [32] | 8% | ||||
Cost | [32] | $ 6,010 | ||||
Fair value | 6,010 | [32] | 0 | |||
Investment, Identifier [Axis]: MetalForming AcquireCo, LLC, Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Principal | [30] | 0 | ||||
Cost | [30] | 0 | ||||
Fair value | $ 0 | [30] | 0 | |||
Investment, Identifier [Axis]: MetalForming AcquireCo, LLC, Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 12.75% | |||||
Principal | $ 23,802 | |||||
Cost | 23,576 | |||||
Fair value | 23,576 | 0 | ||||
Investment, Identifier [Axis]: Metalforming Holdings, LLC, Common Stock | ||||||
Schedule of Investments [Line Items] | ||||||
Units (in shares) | 1,537,219 | |||||
Cost | $ 1,537 | |||||
Fair value | $ 1,500 | 1,537 | ||||
Investment, Identifier [Axis]: Metalforming Holdings, LLC, Preferred Equity | ||||||
Schedule of Investments [Line Items] | ||||||
Units (in shares) | [8] | 5,915,585 | ||||
Total Rate | [8] | 8% | ||||
PIK Rate | [8] | 8% | ||||
Cost | [8] | $ 6,035 | ||||
Fair value | $ 6,035 | [8] | 6,010 | |||
Investment, Identifier [Axis]: Metalforming Holdings, LLC, Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 12.75% | |||||
Principal | [28] | $ 0 | ||||
Cost | [28] | 0 | ||||
Fair value | $ 0 | [28] | 0 | |||
Investment, Identifier [Axis]: Metalforming Holdings, LLC, Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 12.75% | |||||
Principal | $ 23,802 | |||||
Cost | 23,623 | |||||
Fair value | $ 23,623 | $ 23,576 | ||||
Investment, Identifier [Axis]: Microbe Formulas, LLC, Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Reference Rate and Spread | 6.25% | [6],[16],[28] | 6.25% | [7],[29],[30],[31] | ||
Principal | $ 0 | [6],[16],[28] | $ 0 | [7],[29],[30],[31] | ||
Cost | (51) | [6],[16],[28] | (63) | [7],[29],[30],[31] | ||
Fair value | $ (51) | [6],[16],[28] | $ (63) | [7],[29],[30],[31] | ||
Investment, Identifier [Axis]: Microbe Formulas, LLC, Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 11.46% | [6],[16] | 9.86% | [7],[29],[31] | ||
Reference Rate and Spread | 6% | [6],[16] | 6.25% | [7],[29],[31] | ||
Principal | $ 22,168 | [6],[16] | $ 26,075 | [7],[29],[31] | ||
Cost | 21,855 | [6],[16] | 25,619 | [7],[29],[31] | ||
Fair value | $ 22,168 | [6],[16] | $ 25,181 | [7],[29],[31] | ||
Investment, Identifier [Axis]: Mills Fleet Farm Group, LLC, Secured Debt | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 12.52% | [6],[16] | 10.66% | [7],[31] | ||
Reference Rate and Spread | 7% | [6],[16] | 6.25% | [7],[31] | ||
Principal | $ 18,152 | [6],[16] | $ 18,769 | [7],[31] | ||
Cost | 17,883 | [6],[16] | 18,562 | [7],[31] | ||
Fair value | $ 17,524 | [6],[16] | $ 18,338 | [7],[31] | ||
Investment, Identifier [Axis]: Mini Melts of America, LLC, Common Equity | ||||||
Schedule of Investments [Line Items] | ||||||
Units (in shares) | [6] | 459,657 | ||||
Cost | [6] | $ 460 | ||||
Fair value | [6] | $ 460 | ||||
Investment, Identifier [Axis]: Mini Melts of America, LLC, Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Reference Rate and Spread | [6],[16],[28] | 6.25% | ||||
Principal | [6],[16],[28] | $ 0 | ||||
Cost | [6],[16],[28] | (42) | ||||
Fair value | [6],[16],[28] | $ (42) | ||||
Investment, Identifier [Axis]: Mini Melts of America, LLC, Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Reference Rate and Spread | [6],[16],[28] | 6.25% | ||||
Principal | [6],[16],[28] | $ 0 | ||||
Cost | [6],[16],[28] | (16) | ||||
Fair value | [6],[16],[28] | $ (16) | ||||
Investment, Identifier [Axis]: Mini Melts of America, LLC, Secured Debt 3 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [6],[16] | 10.64% | ||||
Reference Rate and Spread | [6],[16] | 5.25% | ||||
Principal | [6],[16] | $ 4,941 | ||||
Cost | [6],[16] | 4,825 | ||||
Fair value | [6],[16] | $ 4,825 | ||||
Investment, Identifier [Axis]: Mini Melts of America, LLC, Secured Debt 4 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [6],[16] | 12.64% | ||||
Reference Rate and Spread | [6],[16] | 7.25% | ||||
Principal | [6],[16] | $ 4,941 | ||||
Cost | [6],[16] | 4,820 | ||||
Fair value | [6],[16] | $ 4,820 | ||||
Investment, Identifier [Axis]: MonitorUS Holding, LLC, Common Stock | ||||||
Schedule of Investments [Line Items] | ||||||
Units (in shares) | 44,445,814 | [6],[9],[15] | 44,445,814 | [7],[11],[17] | ||
Cost | $ 889 | [6],[9],[15] | $ 889 | [7],[11],[17] | ||
Fair value | $ 678 | [6],[9],[15] | $ 889 | [7],[11],[17] | ||
Investment, Identifier [Axis]: MonitorUS Holding, LLC, Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [6],[9],[15] | 14% | ||||
Reference Rate and Spread | [7],[11],[17],[30],[31] | 7% | ||||
PIK Rate | [6],[9],[15] | 4% | ||||
Principal | $ 3,889 | [6],[9],[15] | $ 0 | [7],[11],[17],[30],[31] | ||
Cost | 3,839 | [6],[9],[15] | (64) | [7],[11],[17],[30],[31] | ||
Fair value | $ 3,938 | [6],[9],[15] | $ (64) | [7],[11],[17],[30],[31] | ||
Investment, Identifier [Axis]: MonitorUS Holding, LLC, Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 14% | [6],[9],[15] | 11.73% | [7],[11],[17],[31] | ||
Reference Rate and Spread | [7],[11],[17],[31] | 7% | ||||
PIK Rate | [6],[9],[15] | 4% | ||||
Principal | $ 10,211 | [6],[9],[15] | $ 10,107 | [7],[11],[17],[31] | ||
Cost | 10,068 | [6],[9],[15] | 9,923 | [7],[11],[17],[31] | ||
Fair value | $ 11,164 | [6],[9],[15] | $ 10,714 | [7],[11],[17],[31] | ||
Investment, Identifier [Axis]: MonitorUS Holding, LLC, Secured Debt 3 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 14% | [6],[9],[15] | 11.73% | [7],[11],[17],[31] | ||
Reference Rate and Spread | [7],[11],[17],[31] | 7% | ||||
PIK Rate | [6],[9],[15] | 4% | ||||
Principal | $ 17,213 | [6],[9],[15] | $ 17,038 | [7],[11],[17],[31] | ||
Cost | 16,987 | [6],[9],[15] | 16,746 | [7],[11],[17],[31] | ||
Fair value | $ 17,213 | [6],[9],[15] | $ 17,038 | [7],[11],[17],[31] | ||
Investment, Identifier [Axis]: Mystic Logistics Holdings, LLC, Common Stock | ||||||
Schedule of Investments [Line Items] | ||||||
Units (in shares) | 5,873 | [8] | 5,873 | [32] | ||
Cost | $ 2,720 | [8] | $ 2,720 | [32] | ||
Fair value | 26,390 | [8] | 22,830 | [32] | 8,840 | |
Investment, Identifier [Axis]: Mystic Logistics Holdings, LLC, Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Principal | 0 | [28] | 0 | [30] | ||
Cost | 0 | [28] | 0 | [30] | ||
Fair value | $ 0 | [28] | $ 0 | [30] | 0 | |
Investment, Identifier [Axis]: Mystic Logistics Holdings, LLC, Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 10% | 10% | ||||
Principal | $ 5,746 | $ 5,746 | ||||
Cost | 5,746 | 5,746 | ||||
Fair value | $ 5,746 | $ 5,746 | 6,378 | |||
Investment, Identifier [Axis]: NAPCO Precast, LLC, Member Units | ||||||
Schedule of Investments [Line Items] | ||||||
Units (in shares) | 2,955 | 2,955 | ||||
Cost | $ 2,975 | $ 2,975 | ||||
Fair value | 11,730 | 11,830 | 13,560 | |||
Investment, Identifier [Axis]: NAPCO Precast, LLC, Members Units | ||||||
Schedule of Investments [Line Items] | ||||||
Fair value | 11,730 | $ 11,830 | ||||
Investment, Identifier [Axis]: NBG Acquisition Inc, Secured Debt | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [14],[31] | 9.67% | ||||
Reference Rate and Spread | [14],[31] | 5.50% | ||||
Principal | 3,849 | [13],[34] | $ 3,849 | [14],[31] | ||
Cost | 3,834 | [13],[34] | 3,834 | [14],[31] | ||
Fair value | $ 115 | [13],[34] | $ 1,251 | [14],[31] | ||
Investment, Identifier [Axis]: NRP Jones, LLC, Member Units | ||||||
Schedule of Investments [Line Items] | ||||||
Units (in shares) | [32] | 65,962 | ||||
Cost | [32] | $ 3,717 | ||||
Fair value | [32] | 4,790 | ||||
Investment, Identifier [Axis]: NRP Jones, LLC, Member Units 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Units (in shares) | 65,962 | |||||
Cost | $ 114 | |||||
Fair value | 53 | 4,615 | 6,200 | |||
Investment, Identifier [Axis]: NRP Jones, LLC, Member Units 1.1 | ||||||
Schedule of Investments [Line Items] | ||||||
Fair value | 1,466 | 4,615 | ||||
Investment, Identifier [Axis]: NRP Jones, LLC, Member Units 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Cost | [8] | 3,603 | ||||
Fair value | 1,466 | [8] | 175 | 240 | ||
Investment, Identifier [Axis]: NRP Jones, LLC, Member Units 2.1 | ||||||
Schedule of Investments [Line Items] | ||||||
Fair value | $ 53 | $ 175 | ||||
Investment, Identifier [Axis]: NRP Jones, LLC, Secured Debt | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 12% | 12% | ||||
Principal | $ 2,080 | $ 2,080 | ||||
Cost | 2,080 | 2,080 | ||||
Fair value | $ 2,080 | $ 2,080 | 2,080 | |||
Investment, Identifier [Axis]: NTM Acquisition Corp., Secured Debt | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [14],[31] | 9.50% | ||||
Reference Rate and Spread | [14],[31] | 6.25% | ||||
PIK Rate | [14],[31] | 1% | ||||
Principal | [14],[31] | $ 4,358 | ||||
Cost | [14],[31] | 4,358 | ||||
Fair value | [14],[31] | $ 4,228 | ||||
Investment, Identifier [Axis]: NWN Corporation, Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [7],[29],[31],[73] | 10.85% | ||||
Reference Rate and Spread | [7],[29],[31],[73] | 8% | ||||
Principal | [7],[29],[31],[73] | $ 3,941 | ||||
Cost | [7],[29],[31],[73] | 3,797 | ||||
Fair value | [7],[29],[31],[73] | $ 3,720 | ||||
Investment, Identifier [Axis]: NWN Corporation, Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [7],[29],[31] | 12.56% | ||||
Reference Rate and Spread | [7],[29],[31] | 8% | ||||
Principal | [7],[29],[31] | $ 39,851 | ||||
Cost | [7],[29],[31] | 39,094 | ||||
Fair value | [7],[29],[31] | $ 37,616 | ||||
Investment, Identifier [Axis]: NWN Corporation, Secured Debt 3 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [7] | 20% | ||||
PIK Rate | [7] | 20% | ||||
Principal | [7] | $ 6,509 | ||||
Cost | [7] | 6,194 | ||||
Fair value | [7] | $ 6,194 | ||||
Investment, Identifier [Axis]: Nebraska Vet AcquireCo, LLC, , Secured Debt 3 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 12% | |||||
Fair value | $ 10,500 | 10,412 | ||||
Investment, Identifier [Axis]: Nebraska Vet AcquireCo, LLC, Preferred Member Units | ||||||
Schedule of Investments [Line Items] | ||||||
Units (in shares) | 6,987 | [8] | 6,987 | |||
Cost | $ 6,987 | [8] | $ 6,987 | |||
Fair value | $ 15,020 | [8] | $ 7,700 | 7,700 | ||
Investment, Identifier [Axis]: Nebraska Vet AcquireCo, LLC, Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Reference Rate and Spread | 7% | [16],[28] | 7% | [30],[31] | ||
Principal | $ 0 | [16],[28] | $ 0 | [30],[31] | ||
Cost | 0 | [16],[28] | 0 | [30],[31] | ||
Fair value | $ 0 | [16],[28] | $ 0 | [30],[31] | 0 | |
Investment, Identifier [Axis]: Nebraska Vet AcquireCo, LLC, Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 12% | 12% | ||||
Principal | $ 25,794 | $ 20,094 | ||||
Cost | 25,673 | 19,972 | ||||
Fair value | $ 25,794 | $ 20,094 | 4,829 | |||
Investment, Identifier [Axis]: Nebraska Vet AcquireCo, LLC, Secured Debt 3 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 12% | 12% | ||||
Principal | $ 10,500 | $ 10,500 | ||||
Cost | 10,456 | 10,434 | ||||
Fair value | $ 10,500 | $ 10,500 | ||||
Investment, Identifier [Axis]: NexRev LLC, Preferred Member Units | ||||||
Schedule of Investments [Line Items] | ||||||
Units (in shares) | 103,144,186 | [8] | 103,144,186 | [32] | ||
Cost | $ 8,213 | [8] | $ 8,213 | [32] | ||
Fair value | $ 6,350 | [8] | 1,110 | [32] | 2,690 | |
Investment, Identifier [Axis]: NexRev LLC, Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 10% | |||||
Principal | $ 0 | [28] | 0 | [30] | ||
Cost | 0 | [28] | 0 | [30] | ||
Fair value | $ 0 | [28] | $ 0 | [30] | 800 | |
Investment, Identifier [Axis]: NexRev LLC, Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 10% | 11% | ||||
Principal | $ 9,811 | $ 11,465 | ||||
Cost | 9,751 | 11,335 | ||||
Fair value | $ 9,751 | $ 8,477 | 13,245 | |||
Investment, Identifier [Axis]: NinjaTrader, LLC, Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Reference Rate and Spread | 7% | [6],[16],[28] | 6.25% | [7],[30],[31] | ||
Principal | $ 0 | [6],[16],[28] | $ 0 | [7],[30],[31] | ||
Cost | (9) | [6],[16],[28] | (1) | [7],[30],[31] | ||
Fair value | $ (8) | [6],[16],[28] | $ 0 | [7],[30],[31] | ||
Investment, Identifier [Axis]: NinjaTrader, LLC, Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Reference Rate and Spread | 7% | [6],[16],[28] | 6.25% | [7],[30],[31] | ||
Principal | $ 0 | [6],[16],[28] | $ 0 | [7],[30],[31] | ||
Cost | 0 | [6],[16],[28] | (38) | [7],[30],[31] | ||
Fair value | $ 0 | [6],[16],[28] | $ (38) | [7],[30],[31] | ||
Investment, Identifier [Axis]: NinjaTrader, LLC, Secured Debt 3 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 12.54% | [6],[16] | 9.99% | [7],[31] | ||
Reference Rate and Spread | 7% | [6],[16] | 6.25% | [7],[31] | ||
Principal | $ 20,467 | [6],[16] | $ 21,666 | [7],[31] | ||
Cost | 20,255 | [6],[16] | 21,418 | [7],[31] | ||
Fair value | $ 20,467 | [6],[16] | $ 21,666 | [7],[31] | ||
Investment, Identifier [Axis]: NinjaTrader, LLC, Secured Debt 4 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [6],[16] | 12.52% | ||||
Reference Rate and Spread | [6],[16] | 7% | ||||
Principal | [6],[16] | $ 7,222 | ||||
Cost | [6],[16] | 7,089 | ||||
Fair value | [6],[16] | $ 7,222 | ||||
Investment, Identifier [Axis]: NuStep, LLC, Preferred Member Units 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Units (in shares) | 2,062 | 2,062 | ||||
Cost | $ 2,062 | $ 2,062 | ||||
Fair value | 5,150 | 5,150 | ||||
Investment, Identifier [Axis]: NuStep, LLC, Preferred Member Units 1.1 | ||||||
Schedule of Investments [Line Items] | ||||||
Fair value | $ 9,240 | $ 8,040 | 13,500 | |||
Investment, Identifier [Axis]: NuStep, LLC, Preferred Member Units 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Units (in shares) | 406 | 406 | ||||
Cost | $ 10,200 | $ 10,200 | ||||
Fair value | 9,240 | 8,040 | ||||
Investment, Identifier [Axis]: NuStep, LLC, Preferred Member Units 2.1 | ||||||
Schedule of Investments [Line Items] | ||||||
Fair value | $ 5,150 | $ 5,150 | 0 | |||
Investment, Identifier [Axis]: NuStep, LLC, Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 11.98% | [16] | 10.63% | [31] | ||
Reference Rate and Spread | 6.50% | [16] | 6.50% | [31] | ||
Principal | $ 3,600 | [16] | $ 4,400 | [31] | ||
Cost | 3,600 | [16] | 4,399 | [31] | ||
Fair value | $ 3,600 | [16] | $ 4,399 | [31] | 1,720 | |
Investment, Identifier [Axis]: NuStep, LLC, Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 12% | 12% | ||||
Principal | $ 18,440 | $ 18,440 | ||||
Cost | 18,426 | 18,414 | ||||
Fair value | $ 18,426 | $ 18,414 | 17,240 | |||
Investment, Identifier [Axis]: OMi Topco, LLC, Preferred Member Units | ||||||
Schedule of Investments [Line Items] | ||||||
Units (in shares) | 900 | [8] | 900 | [32] | ||
Cost | $ 1,080 | [8] | $ 1,080 | [32] | ||
Fair value | $ 36,380 | [8] | $ 22,810 | [32] | 20,210 | |
Investment, Identifier [Axis]: OMi Topco, LLC, Secured Debt | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 12% | 12% | ||||
Principal | $ 12,750 | $ 15,750 | ||||
Cost | 12,682 | 15,634 | ||||
Fair value | $ 12,750 | $ 15,750 | 18,000 | |||
Investment, Identifier [Axis]: OVG Business Services, LLC, Secured Debt | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [7],[31] | 10.64% | ||||
Reference Rate and Spread | [7],[31] | 6.25% | ||||
Principal | [7],[31] | $ 13,930 | ||||
Cost | [7],[31] | 13,813 | ||||
Fair value | [7],[31] | $ 13,094 | ||||
Investment, Identifier [Axis]: Obra Capital, Inc. (f/k/a Vida Capital, Inc.), Inc, Secured Debt | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [13] | 11.47% | ||||
Reference Rate and Spread | [13] | 6% | ||||
Principal | [13] | $ 17,373 | ||||
Cost | [13] | 16,558 | ||||
Fair value | [13] | $ 14,897 | ||||
Investment, Identifier [Axis]: OnAsset Intelligence, Inc., Common Stock | ||||||
Schedule of Investments [Line Items] | ||||||
Units (in shares) | 635 | 635 | ||||
Cost | $ 830 | $ 830 | ||||
Fair value | $ 0 | $ 0 | 0 | |||
Investment, Identifier [Axis]: OnAsset Intelligence, Inc., Preferred Stock | ||||||
Schedule of Investments [Line Items] | ||||||
Units (in shares) | 912 | 912 | ||||
Total Rate | 7% | 7% | ||||
PIK Rate | 7% | 7% | ||||
Cost | $ 1,981 | $ 1,981 | ||||
Fair value | $ 0 | $ 0 | 0 | |||
Investment, Identifier [Axis]: OnAsset Intelligence, Inc., Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 12% | [34] | 12% | [33] | ||
PIK Rate | 12% | [34] | 12% | [33] | ||
Principal | $ 4,415 | [34] | $ 4,415 | [33] | ||
Cost | 4,415 | [34] | 4,415 | [33] | ||
Fair value | $ 1,493 | [34] | $ 2,606 | [33] | ||
Investment, Identifier [Axis]: OnAsset Intelligence, Inc., Secured Debt 1.1 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 12% | 12% | ||||
PIK Rate | 12% | 12% | ||||
Fair value | $ 326 | $ 569 | 935 | |||
Investment, Identifier [Axis]: OnAsset Intelligence, Inc., Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 12% | [34] | 12% | [33] | ||
PIK Rate | 12% | [34] | 12% | [33] | ||
Principal | $ 2,116 | [34] | $ 2,116 | [33] | ||
Cost | 2,116 | [34] | 2,116 | [33] | ||
Fair value | $ 716 | [34] | $ 1,249 | [33] | ||
Investment, Identifier [Axis]: OnAsset Intelligence, Inc., Secured Debt 2.1 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 12% | 12% | ||||
PIK Rate | 12% | 12% | ||||
Fair value | $ 332 | $ 580 | 954 | |||
Investment, Identifier [Axis]: OnAsset Intelligence, Inc., Secured Debt 3 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 12% | [34] | 12% | [33] | ||
PIK Rate | 12% | [34] | 12% | [33] | ||
Principal | $ 983 | [34] | $ 983 | [33] | ||
Cost | 983 | [34] | 983 | [33] | ||
Fair value | $ 332 | [34] | $ 580 | [33] | ||
Investment, Identifier [Axis]: OnAsset Intelligence, Inc., Secured Debt 3.1 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 12% | 12% | ||||
PIK Rate | 12% | 12% | ||||
Fair value | $ 716 | $ 1,249 | 2,055 | |||
Investment, Identifier [Axis]: OnAsset Intelligence, Inc., Secured Debt 4 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 12% | [34] | 12% | [33] | ||
PIK Rate | 12% | [34] | 12% | [33] | ||
Principal | $ 964 | [34] | $ 964 | [33] | ||
Cost | 964 | [34] | 964 | [33] | ||
Fair value | $ 326 | [34] | $ 569 | [33] | ||
Investment, Identifier [Axis]: OnAsset Intelligence, Inc., Secured Debt 4.1 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 12% | 12% | ||||
PIK Rate | 12% | 12% | ||||
Fair value | $ 1,493 | $ 2,606 | 4,285 | |||
Investment, Identifier [Axis]: OnAsset Intelligence, Inc., Unsecured Debt | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 10% | [34] | 10% | [33] | ||
PIK Rate | 10% | [34] | 10% | [33] | ||
Principal | $ 305 | [34] | $ 305 | [33] | ||
Cost | 305 | [34] | 305 | [33] | ||
Fair value | $ 305 | [34] | $ 305 | [33] | 192 | |
Investment, Identifier [Axis]: OnAsset Intelligence, Inc., Warrants | ||||||
Schedule of Investments [Line Items] | ||||||
Units (in shares) | 4,699 | [26] | 4,699 | [27] | ||
Cost | $ 1,089 | [26] | $ 1,089 | [27] | ||
Fair value | $ 0 | [26] | $ 0 | [27] | 0 | |
Investment, Identifier [Axis]: Oneliance, LLC, Preferred Stock | ||||||
Schedule of Investments [Line Items] | ||||||
Units (in shares) | 1,128 | 1,056 | ||||
Cost | $ 1,128 | $ 1,056 | ||||
Fair value | $ 1,128 | $ 1,056 | 1,056 | |||
Investment, Identifier [Axis]: Oneliance, LLC, Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Reference Rate and Spread | 11% | [16],[28],[38] | 11% | [30],[31] | ||
Principal | $ 0 | [16],[28],[38] | $ 0 | [30],[31] | ||
Cost | 0 | [16],[28],[38] | 0 | [30],[31] | ||
Fair value | $ 0 | [16],[28],[38] | $ 0 | [30],[31] | 0 | |
Investment, Identifier [Axis]: Oneliance, LLC, Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 16.48% | [16] | 15.13% | [31] | ||
Reference Rate and Spread | 11% | [16] | 11% | [31] | ||
Principal | $ 5,440 | [16] | $ 5,600 | [31] | ||
Cost | 5,411 | [16] | 5,559 | [31] | ||
Fair value | $ 5,350 | [16] | $ 5,559 | [31] | 5,547 | |
Investment, Identifier [Axis]: Orttech Holdings, LLC, Preferred Stock | ||||||
Schedule of Investments [Line Items] | ||||||
Units (in shares) | 10,000 | [8],[41] | 10,000 | [32],[42] | ||
Cost | $ 10,000 | [8],[41] | $ 10,000 | [32],[42] | ||
Fair value | $ 17,050 | [8],[41] | $ 11,750 | [32],[42] | 10,000 | |
Investment, Identifier [Axis]: Orttech Holdings, LLC, Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Reference Rate and Spread | 11% | [16],[28] | 11% | [30],[31] | ||
Principal | $ 0 | [16],[28] | $ 0 | [30],[31] | ||
Cost | 0 | [16],[28] | 0 | [30],[31] | ||
Fair value | $ 0 | [16],[28] | $ 0 | [30],[31] | 175 | |
Investment, Identifier [Axis]: Orttech Holdings, LLC, Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 16.48% | [16] | 15.13% | [31] | ||
Reference Rate and Spread | 11% | [16] | 11% | [31] | ||
Principal | $ 22,040 | [16] | $ 23,600 | [31] | ||
Cost | 21,925 | [16] | 23,429 | [31] | ||
Fair value | 22,040 | [16] | $ 23,429 | [31] | 23,976 | |
Investment, Identifier [Axis]: Ospemifene Royalty Sub LLC, Secured Debt | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [7],[33] | 11.50% | ||||
Principal | 4,443 | [6],[34] | $ 4,489 | [7],[33] | ||
Cost | 4,443 | [6],[34] | 4,489 | [7],[33] | ||
Fair value | 57 | [6],[34] | 103 | [7],[33] | ||
Investment, Identifier [Axis]: Other, Affiliate Investments | ||||||
Schedule of Investments [Line Items] | ||||||
Fair value | 0 | 0 | 0 | |||
Investment, Identifier [Axis]: Other, Control Investments | ||||||
Schedule of Investments [Line Items] | ||||||
Fair value | $ 0 | $ 0 | 0 | |||
Investment, Identifier [Axis]: PPL RVs, Inc., Common Stock 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Units (in shares) | 2,000 | 2,000 | [32] | |||
Cost | $ 2,150 | $ 2,150 | [32] | |||
Fair value | $ 16,980 | $ 18,950 | [32] | 14,360 | ||
Investment, Identifier [Axis]: PPL RVs, Inc., Common Stock 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Units (in shares) | 238,421 | [41] | 238,421 | |||
Cost | $ 238 | [41] | $ 238 | |||
Fair value | $ 368 | [41] | $ 238 | 0 | ||
Investment, Identifier [Axis]: PPL RVs, Inc., Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Reference Rate and Spread | 8.75% | [16],[28] | 7% | [30],[31] | ||
Principal | $ 0 | [16],[28] | $ 0 | [30],[31] | ||
Cost | (7) | [16],[28] | (9) | [30],[31] | ||
Fair value | $ 0 | [16],[28] | $ 0 | [30],[31] | 727 | |
Investment, Identifier [Axis]: PPL RVs, Inc., Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 14.23% | [16] | 10.25% | [31] | ||
Reference Rate and Spread | 8.75% | [16] | 7% | [31] | ||
Principal | $ 19,877 | [16] | $ 21,655 | [31] | ||
Cost | 19,697 | [16] | 21,408 | [31] | ||
Fair value | $ 19,877 | [16] | $ 21,655 | [31] | 11,655 | |
Investment, Identifier [Axis]: PTL US Bidco, Inc, Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [6],[9],[15],[16],[74] | 12.80% | ||||
Reference Rate and Spread | 7.25% | [6],[9],[15],[16],[74] | 7.25% | [7],[11],[17],[29],[30],[31] | ||
Principal | $ 3,022 | [6],[9],[15],[16],[74] | $ 0 | [7],[11],[17],[29],[30],[31] | ||
Cost | 2,885 | [6],[9],[15],[16],[74] | (174) | [7],[11],[17],[29],[30],[31] | ||
Fair value | $ 2,998 | [6],[9],[15],[16],[74] | $ (174) | [7],[11],[17],[29],[30],[31] | ||
Investment, Identifier [Axis]: PTL US Bidco, Inc, Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 12.88% | [6],[9],[15],[16] | 11.80% | [7],[11],[17],[29],[31] | ||
Reference Rate and Spread | 7.25% | [6],[9],[15],[16] | 7.25% | [7],[11],[17],[29],[31] | ||
Principal | $ 26,478 | [6],[9],[15],[16] | $ 28,265 | [7],[11],[17],[29],[31] | ||
Cost | 26,084 | [6],[9],[15],[16] | 27,749 | [7],[11],[17],[29],[31] | ||
Fair value | $ 26,263 | [6],[9],[15],[16] | $ 27,911 | [7],[11],[17],[29],[31] | ||
Investment, Identifier [Axis]: Paragon Healthcare, Inc., Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [7],[29],[31] | 10.26% | ||||
Reference Rate and Spread | 5.75% | [6],[16],[28] | 5.75% | [7],[29],[31] | ||
Principal | $ 0 | [6],[16],[28] | $ 541 | [7],[29],[31] | ||
Cost | (79) | [6],[16],[28] | 437 | [7],[29],[31] | ||
Fair value | $ 0 | [6],[16],[28] | $ 530 | [7],[29],[31] | ||
Investment, Identifier [Axis]: Paragon Healthcare, Inc., Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 11.24% | [6],[16],[75] | 9.96% | [7],[29],[31],[76] | ||
Reference Rate and Spread | 5.75% | [6],[16],[75] | 5.75% | [7],[29],[31],[76] | ||
Principal | $ 3,204 | [6],[16],[75] | $ 2,701 | [7],[29],[31],[76] | ||
Cost | 3,135 | [6],[16],[75] | 2,609 | [7],[29],[31],[76] | ||
Fair value | $ 3,186 | [6],[16],[75] | $ 2,649 | [7],[29],[31],[76] | ||
Investment, Identifier [Axis]: Paragon Healthcare, Inc., Secured Debt 3 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 11.25% | [6],[16] | 9.81% | [7],[29],[31] | ||
Reference Rate and Spread | 5.75% | [6],[16] | 5.75% | [7],[29],[31] | ||
Principal | $ 18,597 | [6],[16] | $ 18,293 | [7],[29],[31] | ||
Cost | 18,265 | [6],[16] | 17,852 | [7],[29],[31] | ||
Fair value | $ 18,490 | [6],[16] | $ 17,939 | [7],[29],[31] | ||
Investment, Identifier [Axis]: Pearl Meyer Topco LLC, Preferred Equity | ||||||
Schedule of Investments [Line Items] | ||||||
Units (in shares) | 15,061 | [8] | 13,800 | [32] | ||
Cost | $ 13,000 | [8] | $ 13,000 | [32] | ||
Fair value | $ 44,090 | [8] | 43,260 | [32] | 26,970 | |
Investment, Identifier [Axis]: Pearl Meyer Topco LLC, Secured Debt | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 12% | |||||
Fair value | $ 3,500 | 0 | ||||
Investment, Identifier [Axis]: Pearl Meyer Topco LLC, Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 12% | |||||
Principal | $ 3,500 | 0 | [30] | |||
Cost | 3,497 | 0 | [30] | |||
Fair value | $ 3,500 | 0 | [30] | 0 | ||
Investment, Identifier [Axis]: Pearl Meyer Topco LLC, Secured Debt 1.1 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 12% | |||||
Fair value | $ 20,000 | 0 | ||||
Investment, Identifier [Axis]: Pearl Meyer Topco LLC, Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 12% | |||||
Principal | $ 20,000 | 0 | [30] | |||
Cost | 19,956 | 0 | [30] | |||
Fair value | $ 20,000 | 0 | [30] | 0 | ||
Investment, Identifier [Axis]: Pearl Meyer Topco LLC, Secured Debt 2.1 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 12% | |||||
Fair value | $ 27,681 | $ 28,681 | ||||
Investment, Identifier [Axis]: Pearl Meyer Topco LLC, Secured Debt 3 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 12% | 12% | ||||
Principal | $ 27,681 | $ 28,681 | ||||
Cost | 27,601 | 28,537 | ||||
Fair value | $ 27,681 | 28,681 | 32,674 | |||
Investment, Identifier [Axis]: Pinnacle TopCo, LLC, Preferred Equity | ||||||
Schedule of Investments [Line Items] | ||||||
Units (in shares) | 440 | |||||
Cost | $ 12,540 | |||||
Fair value | $ 12,540 | 0 | ||||
Investment, Identifier [Axis]: Pinnacle TopCo, LLC, Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 8% | |||||
Principal | $ 460 | |||||
Cost | 444 | |||||
Fair value | $ 444 | 0 | ||||
Investment, Identifier [Axis]: Pinnacle TopCo, LLC, Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 13% | |||||
Principal | $ 30,640 | |||||
Cost | 30,339 | |||||
Fair value | $ 30,339 | $ 0 | ||||
Investment, Identifier [Axis]: Power System Solutions, Common Equity | ||||||
Schedule of Investments [Line Items] | ||||||
Units (in shares) | [6] | 1,234 | ||||
Cost | [6],[16] | $ 1,234 | ||||
Fair value | [6],[16] | $ 1,160 | ||||
Investment, Identifier [Axis]: Power System Solutions, Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Reference Rate and Spread | [6],[16],[28] | 6.75% | ||||
Principal | [6],[16],[28] | $ 0 | ||||
Cost | [6],[16],[28] | (82) | ||||
Fair value | [6],[16],[28] | $ (82) | ||||
Investment, Identifier [Axis]: Power System Solutions, Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Reference Rate and Spread | [6],[16],[28] | 6.75% | ||||
Principal | [6],[16],[28] | $ 0 | ||||
Cost | [6],[16],[28] | (82) | ||||
Fair value | [6],[16],[28] | $ (82) | ||||
Investment, Identifier [Axis]: Power System Solutions, Secured Debt 3 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [6],[16] | 12.12% | ||||
Reference Rate and Spread | [6],[16] | 6.75% | ||||
Principal | [6],[16] | $ 18,418 | ||||
Cost | [6],[16] | 17,930 | ||||
Fair value | [6],[16] | $ 18,418 | ||||
Investment, Identifier [Axis]: PrimeFlight Aviation Services, Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [6],[16] | 12.28% | ||||
Reference Rate and Spread | [6],[16] | 6.85% | ||||
Principal | [6],[16] | $ 7,960 | ||||
Cost | [6],[16] | 7,750 | ||||
Fair value | [6],[16] | $ 7,960 | ||||
Investment, Identifier [Axis]: PrimeFlight Aviation Services, Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [6],[16] | 12.20% | ||||
Reference Rate and Spread | [6],[16] | 6.85% | ||||
Principal | [6],[16] | $ 760 | ||||
Cost | [6],[16] | 738 | ||||
Fair value | [6],[16] | $ 760 | ||||
Investment, Identifier [Axis]: Principle Environmental, LLC, Common Stock | ||||||
Schedule of Investments [Line Items] | ||||||
Units (in shares) | 1,037 | 1,037 | ||||
Cost | $ 1,200 | $ 1,200 | ||||
Fair value | $ 510 | $ 590 | 710 | |||
Investment, Identifier [Axis]: Principle Environmental, LLC, Preferred Member Units | ||||||
Schedule of Investments [Line Items] | ||||||
Units (in shares) | 21,806 | [8] | 21,806 | [32] | ||
Cost | $ 5,709 | [8] | $ 5,709 | [32] | ||
Fair value | $ 10,750 | [8] | 12,420 | [32] | 11,160 | |
Investment, Identifier [Axis]: Principle Environmental, LLC, Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 13% | |||||
Principal | $ 0 | [28] | 0 | [30] | ||
Cost | 0 | [28] | 0 | [30] | ||
Fair value | $ 0 | [28] | $ 0 | [30] | 1,465 | |
Investment, Identifier [Axis]: Principle Environmental, LLC, Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 13% | 13% | ||||
Principal | $ 5,897 | $ 5,897 | ||||
Cost | 5,829 | 5,806 | ||||
Fair value | $ 5,829 | $ 5,806 | 5,808 | |||
Investment, Identifier [Axis]: Project Eagle Holdings, LLC, Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Reference Rate and Spread | [7],[30],[31] | 6.25% | ||||
Principal | [7],[30],[31] | $ 0 | ||||
Cost | [7],[30],[31] | (18) | ||||
Fair value | [7],[30],[31] | $ (18) | ||||
Investment, Identifier [Axis]: Project Eagle Holdings, LLC, Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [7],[31] | 10.64% | ||||
Reference Rate and Spread | [7],[31] | 6.25% | ||||
Principal | [7],[31] | $ 29,475 | ||||
Cost | [7],[31] | 29,040 | ||||
Fair value | [7],[31] | 29,419 | ||||
Investment, Identifier [Axis]: Purge Rite, LLC, Preferred Equity | ||||||
Schedule of Investments [Line Items] | ||||||
Units (in shares) | [6],[16] | 3,281,250 | ||||
Cost | [6],[16] | $ 3,281 | ||||
Fair value | [6],[16] | $ 3,281 | ||||
Investment, Identifier [Axis]: Purge Rite, LLC, Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Reference Rate and Spread | [6],[16],[28] | 8% | ||||
Principal | [6],[16],[28] | $ 0 | ||||
Cost | [6],[16],[28] | (47) | ||||
Fair value | [6],[16],[28] | $ (47) | ||||
Investment, Identifier [Axis]: Purge Rite, LLC, Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [6],[16] | 13.70% | ||||
Reference Rate and Spread | [6],[16] | 8% | ||||
Principal | [6],[16] | $ 9,844 | ||||
Cost | [6],[16] | 9,610 | ||||
Fair value | [6],[16] | 9,610 | ||||
Investment, Identifier [Axis]: Quality Lease Service, LCC, Preferred Member Units | ||||||
Schedule of Investments [Line Items] | ||||||
Fair value | $ 0 | 0 | ||||
Investment, Identifier [Axis]: Quality Lease Service, LCC, Secured Debt | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 12% | |||||
Fair value | $ 0 | 0 | ||||
Investment, Identifier [Axis]: Quality Lease Service, LLC 1, Secured Debt | ||||||
Schedule of Investments [Line Items] | ||||||
Fair value | $ 460 | $ 525 | ||||
Investment, Identifier [Axis]: Quality Lease Service, LLC, Member Units | ||||||
Schedule of Investments [Line Items] | ||||||
Units (in shares) | 1,000 | 1,000 | ||||
Cost | $ 7,546 | $ 7,513 | ||||
Fair value | 460 | 525 | 2,148 | |||
Investment, Identifier [Axis]: Quality Lease Service, LLC, Preferred Member Units | ||||||
Schedule of Investments [Line Items] | ||||||
Fair value | $ 0 | 0 | ||||
Investment, Identifier [Axis]: Quality Lease Service, LLC, Secured Debt | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 12% | |||||
Fair value | $ 0 | $ 0 | ||||
Investment, Identifier [Axis]: RA Outdoors LLC, Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [6],[16],[64] | 12.22% | ||||
Reference Rate and Spread | 6.75% | [6],[16],[64] | 6.75% | [7],[29],[30],[31] | ||
Principal | $ 824 | [6],[16],[64] | $ 0 | [7],[29],[30],[31] | ||
Cost | 816 | [6],[16],[64] | (11) | [7],[29],[30],[31] | ||
Fair value | $ 772 | [6],[16],[64] | $ (11) | [7],[29],[30],[31] | ||
Investment, Identifier [Axis]: RA Outdoors LLC, Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 12.21% | [6],[16] | 10.56% | [7],[29],[31] | ||
Reference Rate and Spread | 6.75% | [6],[16] | 6.75% | [7],[29],[31] | ||
Principal | $ 13,369 | [6],[16] | $ 13,369 | [7],[29],[31] | ||
Cost | 13,280 | [6],[16] | 13,241 | [7],[29],[31] | ||
Fair value | $ 12,512 | [6],[16] | $ 12,094 | [7],[29],[31] | ||
Investment, Identifier [Axis]: RM Bidder, LLC, Member Units | ||||||
Schedule of Investments [Line Items] | ||||||
Units (in shares) | [7] | 2,779 | ||||
Cost | [7] | $ 46 | ||||
Fair value | [7] | $ 19 | ||||
Investment, Identifier [Axis]: RM Bidder, LLC, Warrants | ||||||
Schedule of Investments [Line Items] | ||||||
Units (in shares) | [7],[77] | 327,532 | ||||
Cost | [7],[77] | $ 425 | ||||
Fair value | [7],[77] | $ 0 | ||||
Investment, Identifier [Axis]: RTIC Subsidiary Holdings, LLC, Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 13.21% | [6],[16] | 12.02% | [7],[29],[31],[78] | ||
Reference Rate and Spread | 7.75% | [6],[16] | 7.75% | [7],[29],[31],[78] | ||
Principal | $ 548 | [6],[16] | $ 1,361 | [7],[29],[31],[78] | ||
Cost | 536 | [6],[16] | 1,343 | [7],[29],[31],[78] | ||
Fair value | $ 534 | [6],[16] | $ 1,258 | [7],[29],[31],[78] | ||
Investment, Identifier [Axis]: RTIC Subsidiary Holdings, LLC, Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 13.19% | [6],[16] | 11.49% | [7],[29],[31] | ||
Reference Rate and Spread | 7.75% | [6],[16] | 7.75% | [7],[29],[31] | ||
Principal | $ 14,323 | [6],[16] | $ 16,623 | [7],[29],[31] | ||
Cost | 14,260 | [6],[16] | 16,506 | [7],[29],[31] | ||
Fair value | $ 13,951 | [6],[16] | $ 15,367 | [7],[29],[31] | ||
Investment, Identifier [Axis]: RTIC Subsidiary Holdings, LLC, Secured Debt 3 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [6],[16] | 13.19% | ||||
Reference Rate and Spread | [6],[16] | 7.75% | ||||
Principal | [6],[16] | $ 574 | ||||
Cost | [6],[16] | 572 | ||||
Fair value | [6],[16] | $ 559 | ||||
Investment, Identifier [Axis]: Research Now Group, Inc. and Survey Sampling International, LLC, Secured Debt | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 11.14% | [13],[16] | 8.84% | [14],[31] | ||
Reference Rate and Spread | 5.50% | [13],[16] | 5.50% | [14],[31] | ||
Principal | $ 19,704 | [13],[16] | $ 19,966 | [14],[31] | ||
Cost | 19,595 | [13],[16] | 19,745 | [14],[31] | ||
Fair value | $ 14,715 | [13],[16] | $ 15,116 | [14],[31] | ||
Investment, Identifier [Axis]: Richardson Sales Solutions, Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [6],[16],[79] | 18.47% | ||||
Reference Rate and Spread | [6],[16],[79] | 6.50% | ||||
Principal | [6],[16],[79] | $ 3,167 | ||||
Cost | [6],[16],[79] | 3,087 | ||||
Fair value | [6],[16],[79] | $ 3,109 | ||||
Investment, Identifier [Axis]: Richardson Sales Solutions, Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [6],[16] | 11.88% | ||||
Reference Rate and Spread | [6],[16] | 6.50% | ||||
Principal | [6],[16] | $ 40,102 | ||||
Cost | [6],[16] | 38,858 | ||||
Fair value | [6],[16] | $ 39,376 | ||||
Investment, Identifier [Axis]: River Aggregates, LLC, Member Units | ||||||
Schedule of Investments [Line Items] | ||||||
Units (in shares) | 1,500 | [41] | 1,500 | [42] | ||
Cost | $ 369 | [41] | $ 369 | [42] | ||
Fair value | $ 3,710 | [41] | $ 3,620 | [42] | 3,280 | |
Investment, Identifier [Axis]: Robbins Bros. Jewelry, Inc., Preferred Equity | ||||||
Schedule of Investments [Line Items] | ||||||
Units (in shares) | 11,070 | 11,070 | ||||
Cost | $ 11,070 | $ 11,070 | ||||
Fair value | $ 0 | 14,880 | 11,070 | |||
Investment, Identifier [Axis]: Robbins Bros. Jewelry, Inc., Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 12.50% | |||||
Principal | $ 0 | [28] | 0 | [30],[31] | ||
Cost | (26) | [28] | (35) | [30],[31] | ||
Fair value | $ (26) | [28] | $ (35) | [30],[31] | (44) | |
Investment, Identifier [Axis]: Robbins Bros. Jewelry, Inc., Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 12.50% | 12.50% | [31] | |||
Principal | $ 34,110 | $ 35,685 | [31] | |||
Cost | 33,909 | 35,404 | [31] | |||
Fair value | $ 30,798 | $ 35,404 | [31] | 36,000 | ||
Investment, Identifier [Axis]: Rocaceia, LLC (Quality Lease and Rental Holdings, LLC), Preferred Member Units | ||||||
Schedule of Investments [Line Items] | ||||||
Units (in shares) | 250 | 250 | ||||
Cost | $ 2,500 | $ 2,500 | ||||
Fair value | $ 0 | $ 0 | ||||
Investment, Identifier [Axis]: Rocaceia, LLC (Quality Lease and Rental Holdings, LLC), Secured Debt | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [33],[40],[80] | 12% | ||||
Principal | [33],[40],[80] | $ 30,369 | ||||
Cost | [33],[40],[80] | 29,865 | ||||
Fair value | [33],[40],[80] | $ 0 | ||||
Investment, Identifier [Axis]: Roof Opco, LLC, Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [7],[29],[31] | 10.97% | ||||
Reference Rate and Spread | 6.50% | [6],[16],[28] | 6.50% | [7],[29],[31] | ||
Principal | $ 0 | [6],[16],[28] | $ 311 | [7],[29],[31] | ||
Cost | (8) | [6],[16],[28] | 300 | [7],[29],[31] | ||
Fair value | $ 0 | [6],[16],[28] | $ 311 | [7],[29],[31] | ||
Investment, Identifier [Axis]: Roof Opco, LLC, Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 12.16% | [6],[16] | 10.32% | [7],[29],[31] | ||
Reference Rate and Spread | 6.50% | [6],[16] | 6.50% | [7],[29],[31] | ||
Principal | $ 3,376 | [6],[16] | $ 2,333 | [7],[29],[31] | ||
Cost | 3,328 | [6],[16] | 2,291 | [7],[29],[31] | ||
Fair value | $ 3,314 | [6],[16] | $ 2,333 | [7],[29],[31] | ||
Investment, Identifier [Axis]: Roof Opco, LLC, Secured Debt 3 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 14.16% | [6],[16] | 10.32% | [7],[29],[31] | ||
Reference Rate and Spread | 8.50% | [6],[16] | 6.50% | [7],[29],[31] | ||
Principal | $ 3,376 | [6],[16] | $ 3,173 | [7],[29],[31] | ||
Cost | 3,328 | [6],[16] | 3,125 | [7],[29],[31] | ||
Fair value | $ 3,266 | [6],[16] | $ 3,173 | [7],[29],[31] | ||
Investment, Identifier [Axis]: Rug Doctor, LLC., Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 13.54% | [6],[16] | 13.02% | [7],[29],[31] | ||
Reference Rate and Spread | 6% | [6],[16] | 6.25% | [7],[29],[31] | ||
PIK Rate | 2% | [6],[16] | 2% | [7],[29],[31] | ||
Principal | $ 5,769 | [6],[16] | $ 5,625 | [7],[29],[31] | ||
Cost | 5,749 | [6],[16] | 5,590 | [7],[29],[31] | ||
Fair value | $ 5,744 | [6],[16] | $ 5,037 | [7],[29],[31] | ||
Investment, Identifier [Axis]: Rug Doctor, LLC., Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 13.54% | [6],[16] | 13.02% | [7],[29],[31] | ||
Reference Rate and Spread | 6% | [6],[16] | 6.25% | [7],[29],[31] | ||
PIK Rate | 2% | [6],[16] | 2% | [7],[29],[31] | ||
Principal | $ 8,121 | [6],[16] | $ 8,340 | [7],[29],[31] | ||
Cost | 8,059 | [6],[16] | 8,223 | [7],[29],[31] | ||
Fair value | $ 8,086 | [6],[16] | $ 7,478 | [7],[29],[31] | ||
Investment, Identifier [Axis]: SI East, LLC, Preferred Member Units | ||||||
Schedule of Investments [Line Items] | ||||||
Units (in shares) | 165 | [8] | 157 | [32] | ||
Cost | $ 1,525 | [8] | $ 1,218 | [32] | ||
Fair value | $ 19,170 | [8] | 13,650 | [32] | 11,570 | |
Investment, Identifier [Axis]: SI East, LLC, Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 11.25% | |||||
Principal | $ 1,125 | 0 | [30] | |||
Cost | 1,108 | 0 | [30] | |||
Fair value | $ 1,125 | $ 0 | [30] | 2,250 | ||
Investment, Identifier [Axis]: SI East, LLC, Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 12.47% | [81] | 9.50% | |||
Principal | $ 54,536 | [81] | $ 89,786 | |||
Cost | 54,295 | [81] | 89,708 | |||
Fair value | $ 54,536 | [81] | 89,786 | |||
Investment, Identifier [Axis]: SI East, LLC, Secured Debt 2.1 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 12.47% | |||||
Fair value | $ 54,536 | $ 0 | ||||
Investment, Identifier [Axis]: SI East, LLC, Secured Debt 2.2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 9.50% | |||||
Fair value | $ 89,786 | 63,600 | ||||
Investment, Identifier [Axis]: SI East, LLC, Secured Debt 3 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 9.50% | |||||
Fair value | $ 0 | $ 89,786 | ||||
Investment, Identifier [Axis]: SIB Holdings, LLC, Common Equity | ||||||
Schedule of Investments [Line Items] | ||||||
Units (in shares) | [7] | 95,238 | ||||
Cost | [7] | $ 200 | ||||
Fair value | [7] | $ 146 | ||||
Investment, Identifier [Axis]: SIB Holdings, LLC, Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [7],[31] | 11.01% | ||||
Reference Rate and Spread | [7],[31] | 6.25% | ||||
Principal | [7],[31] | $ 417 | ||||
Cost | [7],[31] | 408 | ||||
Fair value | [7],[31] | $ 393 | ||||
Investment, Identifier [Axis]: SIB Holdings, LLC, Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [7],[31] | 11.01% | ||||
Reference Rate and Spread | [7],[31] | 6.25% | ||||
Principal | [7],[31] | $ 1,553 | ||||
Cost | [7],[31] | 1,527 | ||||
Fair value | [7],[31] | $ 1,433 | ||||
Investment, Identifier [Axis]: SIB Holdings, LLC, Secured Debt 3 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [7],[31] | 11.01% | ||||
Reference Rate and Spread | [7],[31] | 6.25% | ||||
Principal | [7],[31] | $ 7,750 | ||||
Cost | [7],[31] | 7,626 | ||||
Fair value | [7],[31] | $ 7,151 | ||||
Investment, Identifier [Axis]: SPAU Holdings, LLC, Common Stock | ||||||
Schedule of Investments [Line Items] | ||||||
Units (in shares) | 638,710 | [6] | 638,710 | [7] | ||
Cost | $ 639 | [6] | $ 639 | [7] | ||
Fair value | $ 500 | [6] | $ 639 | [7] | ||
Investment, Identifier [Axis]: SPAU Holdings, LLC, Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Reference Rate and Spread | 8% | [6],[16],[28] | 7.50% | [7],[29],[30],[31] | ||
Principal | $ 0 | [6],[16],[28] | $ 0 | [7],[29],[30],[31] | ||
Cost | (45) | [6],[16],[28] | (57) | [7],[29],[30],[31] | ||
Fair value | $ 0 | [6],[16],[28] | $ (57) | [7],[29],[30],[31] | ||
Investment, Identifier [Axis]: SPAU Holdings, LLC, Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 13.72% | [6],[16] | 11.06% | [7],[29],[31] | ||
Reference Rate and Spread | 8% | [6],[16] | 7.50% | [7],[29],[31] | ||
Principal | $ 15,728 | [6],[16] | $ 15,928 | [7],[29],[31] | ||
Cost | 15,506 | [6],[16] | 15,641 | [7],[29],[31] | ||
Fair value | $ 15,728 | [6],[16] | $ 15,928 | [7],[29],[31] | ||
Investment, Identifier [Axis]: Savers, Inc., Secured Debt | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [14],[29],[31] | 10.34% | ||||
Reference Rate and Spread | [14],[29],[31] | 5.50% | ||||
Principal | [14],[29],[31] | $ 11,286 | ||||
Cost | [14],[29],[31] | 11,199 | ||||
Fair value | [14],[29],[31] | $ 10,938 | ||||
Investment, Identifier [Axis]: Slick Innovations, LLC, Common Stock | ||||||
Schedule of Investments [Line Items] | ||||||
Units (in shares) | 70,000 | 70,000 | [32] | |||
Cost | $ 456 | $ 456 | [32] | |||
Fair value | $ 2,310 | $ 1,530 | [32] | 1,510 | ||
Investment, Identifier [Axis]: Slick Innovations, LLC, Secured Debt | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 14% | 14% | ||||
Principal | $ 11,440 | $ 13,840 | ||||
Cost | 11,345 | 13,698 | ||||
Fair value | $ 11,440 | 13,840 | 5,320 | |||
Investment, Identifier [Axis]: Slick Innovations, LLC, Warrants | ||||||
Schedule of Investments [Line Items] | ||||||
Fair value | $ 0 | 400 | ||||
Investment, Identifier [Axis]: Sonic Systems International, LLC, Common Stock | ||||||
Schedule of Investments [Line Items] | ||||||
Units (in shares) | [7] | 9,968 | ||||
Cost | [7] | $ 1,356 | ||||
Fair value | $ 1,280 | [7] | 1,070 | |||
Investment, Identifier [Axis]: Sonic Systems International, LLC, Secured Debt | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [7],[31] | 11.24% | ||||
Reference Rate and Spread | [7],[31] | 7.50% | ||||
Principal | [7],[31] | $ 15,769 | ||||
Cost | [7],[31] | 15,527 | ||||
Fair value | $ 15,769 | [7],[31] | 11,757 | |||
Investment, Identifier [Axis]: South Coast Terminals Holdings, LLC, Common Equity | ||||||
Schedule of Investments [Line Items] | ||||||
Units (in shares) | 863,636 | [6] | 863,636 | [7] | ||
Cost | $ 864 | [6] | $ 864 | [7] | ||
Fair value | $ 836 | [6] | $ 1,316 | [7] | ||
Investment, Identifier [Axis]: South Coast Terminals Holdings, LLC, Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [6],[16] | 11.46% | ||||
Reference Rate and Spread | 6% | [6],[16] | 5.75% | [7],[30],[31] | ||
Principal | $ 446 | [6],[16] | $ 0 | [7],[30],[31] | ||
Cost | 394 | [6],[16] | (71) | [7],[30],[31] | ||
Fair value | $ 394 | [6],[16] | $ (71) | [7],[30],[31] | ||
Investment, Identifier [Axis]: South Coast Terminals Holdings, LLC, Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 11.70% | [6],[16] | 9.69% | [7],[31] | ||
Reference Rate and Spread | 6% | [6],[16] | 5.75% | [7],[31] | ||
Principal | $ 34,886 | [6],[16] | $ 41,255 | [7],[31] | ||
Cost | 34,472 | [6],[16] | 40,603 | [7],[31] | ||
Fair value | $ 34,886 | [6],[16] | $ 41,255 | [7],[31] | ||
Investment, Identifier [Axis]: Staples Canada ULC, Secured Debt | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [7],[11],[17],[31],[82] | 11.83% | ||||
Reference Rate and Spread | [7],[11],[17],[31],[82] | 7% | ||||
Principal | [7],[11],[17],[31],[82] | $ 13,740 | ||||
Cost | [7],[11],[17],[31],[82] | 13,698 | ||||
Fair value | [7],[11],[17],[31],[82] | $ 12,481 | ||||
Investment, Identifier [Axis]: Stellant Systems, Inc., Secured Debt | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [14],[29],[31] | 10.05% | ||||
Reference Rate and Spread | [14],[29],[31] | 5.50% | ||||
Principal | [14],[29],[31] | $ 7,623 | ||||
Cost | [14],[29],[31] | 7,559 | ||||
Fair value | [14],[29],[31] | $ 7,166 | ||||
Investment, Identifier [Axis]: Stellant Systems, Inc., Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [13],[16] | 11.04% | ||||
Reference Rate and Spread | [13],[16] | 5.50% | ||||
Principal | [13],[16] | $ 7,527 | ||||
Cost | [13],[16] | 7,475 | ||||
Fair value | [13],[16] | $ 7,527 | ||||
Investment, Identifier [Axis]: Stellant Systems, Inc., Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [13],[16] | 11.28% | ||||
Reference Rate and Spread | [13],[16] | 5.75% | ||||
Principal | [13],[16] | $ 8,978 | ||||
Cost | [13],[16] | 8,717 | ||||
Fair value | [13],[16] | $ 8,977 | ||||
Investment, Identifier [Axis]: Student Resource Center, LLC, Preferred Equity | ||||||
Schedule of Investments [Line Items] | ||||||
Units (in shares) | 5,907,649 | [6] | 5,907,649 | [7] | ||
Cost | $ 0 | [6] | $ 0 | [7] | ||
Fair value | $ 0 | [6] | $ 0 | [7] | 0 | |
Investment, Identifier [Axis]: Student Resource Center, LLC, Secured Debt | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 8.50% | [6],[34] | 13.27% | [7] | ||
Reference Rate and Spread | [7] | 8.50% | ||||
PIK Rate | 8.50% | |||||
Principal | $ 5,327 | [6],[34] | $ 5,000 | [7] | ||
Cost | 4,884 | [6],[34] | 4,556 | [7] | ||
Fair value | $ 3,190 | [6],[34] | $ 4,556 | [7] | ||
Investment, Identifier [Axis]: Student Resource Center, LLC, Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 13.27% | |||||
Reference Rate and Spread | 8.50% | |||||
Fair value | $ 4,556 | 0 | ||||
Investment, Identifier [Axis]: Student Resource Center, LLC, Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Fair value | $ 0 | 10,839 | ||||
Investment, Identifier [Axis]: Superior Rigging & Erecting Co., Preferred Member Units | ||||||
Schedule of Investments [Line Items] | ||||||
Units (in shares) | 1,636 | 1,571 | ||||
Cost | $ 4,500 | $ 4,500 | ||||
Fair value | $ 5,940 | $ 4,500 | 4,500 | |||
Investment, Identifier [Axis]: Superior Rigging & Erecting Co., Secured Debt | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 12% | 12% | ||||
Principal | $ 20,500 | $ 21,500 | ||||
Cost | 20,427 | 21,378 | ||||
Fair value | $ 20,427 | $ 21,378 | 21,332 | |||
Investment, Identifier [Axis]: Tacala Investment Corp., Secured Debt | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [31],[83],[84] | 7.88% | ||||
Reference Rate and Spread | [31],[83],[84] | 3.50% | ||||
Principal | [31],[83],[84] | $ 1,974 | ||||
Cost | [31],[83],[84] | 1,974 | ||||
Fair value | [31],[83],[84] | $ 1,904 | ||||
Investment, Identifier [Axis]: Team Public Choices, LLC, Secured Debt | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 10.88% | [13],[16] | 9.93% | [14],[31] | ||
Reference Rate and Spread | 5% | [13],[16] | 5% | [14],[31] | ||
Principal | $ 14,804 | [13],[16] | $ 14,964 | [14],[31] | ||
Cost | 14,588 | [13],[16] | 14,690 | [14],[31] | ||
Fair value | $ 14,717 | [13],[16] | $ 14,290 | [14],[31] | ||
Investment, Identifier [Axis]: Tectonic Financial, LLC, Common Stock | ||||||
Schedule of Investments [Line Items] | ||||||
Units (in shares) | 200,000 | [8] | 200,000 | [32] | ||
Cost | $ 2,000 | [8] | $ 2,000 | [32] | ||
Fair value | $ 5,030 | [8] | $ 5,630 | [32] | ||
Investment, Identifier [Axis]: Tedder Industries, LLC, Preferred Member Units | ||||||
Schedule of Investments [Line Items] | ||||||
Units (in shares) | 544 | |||||
Cost | $ 9,245 | |||||
Fair value | 7,681 | 8,579 | ||||
Investment, Identifier [Axis]: Tedder Industries, LLC, Preferred Member Units 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Units (in shares) | 6,605 | |||||
Cost | $ 661 | |||||
Fair value | $ 0 | 7,681 | ||||
Investment, Identifier [Axis]: Tedder Industries, LLC, Preferred Member Units 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Units (in shares) | 5,643 | |||||
Cost | $ 564 | |||||
Fair value | $ 0 | 0 | ||||
Investment, Identifier [Axis]: Tedder Industries, LLC, Preferred Member Units 3 | ||||||
Schedule of Investments [Line Items] | ||||||
Units (in shares) | 544 | |||||
Cost | $ 9,245 | |||||
Fair value | $ 0 | $ 0 | ||||
Investment, Identifier [Axis]: Tedder Industries, LLC, Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 12% | [38] | 12% | |||
Principal | $ 1,840 | [38] | $ 1,840 | |||
Cost | 1,840 | [38] | 1,840 | |||
Fair value | $ 1,726 | [38] | $ 1,840 | 1,040 | ||
Investment, Identifier [Axis]: Tedder Industries, LLC, Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 12% | [38] | 12% | |||
Principal | $ 15,200 | [38] | $ 15,200 | |||
Cost | 15,200 | [38] | 15,192 | |||
Fair value | $ 14,262 | [38] | $ 15,120 | 15,141 | ||
Investment, Identifier [Axis]: Televerde, LLC, Member Units | ||||||
Schedule of Investments [Line Items] | ||||||
Units (in shares) | 460 | [8] | 460 | |||
Cost | $ 1,290 | [8] | $ 1,290 | |||
Fair value | 4,734 | [8] | 5,408 | 7,280 | ||
Investment, Identifier [Axis]: Televerde, LLC, Memeber Units | ||||||
Schedule of Investments [Line Items] | ||||||
Fair value | $ 4,734 | $ 5,408 | ||||
Investment, Identifier [Axis]: Televerde, LLC, Preferred Stock | ||||||
Schedule of Investments [Line Items] | ||||||
Units (in shares) | 248 | 248 | ||||
Cost | $ 718 | $ 718 | ||||
Fair value | $ 1,794 | $ 1,794 | 0 | |||
Investment, Identifier [Axis]: Tex Tech Tennis, LLC, Preferred Equity | ||||||
Schedule of Investments [Line Items] | ||||||
Units (in shares) | 1,000,000 | [6],[41] | 1,000,000 | [7],[42] | ||
Cost | $ 1,000 | [6],[41] | $ 1,000 | [7],[42] | ||
Fair value | $ 2,840 | [6],[41] | $ 1,830 | [7],[42] | ||
Investment, Identifier [Axis]: The Affiliati Network, LLC, Preferred Stock | ||||||
Schedule of Investments [Line Items] | ||||||
Units (in shares) | [32] | 1,280,000 | ||||
Cost | [32] | $ 6,400 | ||||
Fair value | 6,400 | [32] | 6,400 | |||
Investment, Identifier [Axis]: The Affiliati Network, LLC, Preferred Stock 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Units (in shares) | 172,110 | |||||
Cost | $ 172 | |||||
Fair value | 172 | |||||
Investment, Identifier [Axis]: The Affiliati Network, LLC, Preferred Stock 1.1 | ||||||
Schedule of Investments [Line Items] | ||||||
Fair value | $ 6,400 | 6,400 | ||||
Investment, Identifier [Axis]: The Affiliati Network, LLC, Preferred Stock 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Units (in shares) | [8] | 1,280,000 | ||||
Cost | [8] | $ 6,400 | ||||
Fair value | [8] | 6,400 | ||||
Investment, Identifier [Axis]: The Affiliati Network, LLC, Preferred Stock 2.1 | ||||||
Schedule of Investments [Line Items] | ||||||
Fair value | $ 172 | $ 0 | ||||
Investment, Identifier [Axis]: The Affiliati Network, LLC, Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 13% | 13% | ||||
Principal | $ 160 | $ 120 | ||||
Cost | 150 | 106 | ||||
Fair value | $ 150 | $ 106 | 262 | |||
Investment, Identifier [Axis]: The Affiliati Network, LLC, Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 13% | 13% | ||||
Principal | $ 7,521 | $ 9,521 | ||||
Cost | 7,475 | 9,442 | ||||
Fair value | $ 7,347 | $ 9,442 | 12,834 | |||
Investment, Identifier [Axis]: Trantech Radiator Topco, LLC, Common Stock | ||||||
Schedule of Investments [Line Items] | ||||||
Units (in shares) | 615 | [8] | 615 | [32] | ||
Cost | $ 4,655 | [8] | $ 4,655 | [32] | ||
Fair value | $ 12,740 | [8] | 7,800 | [32] | 8,660 | |
Investment, Identifier [Axis]: Trantech Radiator Topco, LLC, Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 12% | |||||
Fair value | $ 7,920 | 7,920 | ||||
Investment, Identifier [Axis]: Trantech Radiator Topco, LLC, Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 8% | |||||
Principal | $ 0 | [28] | 0 | [30] | ||
Cost | (1) | [28] | (5) | [30] | ||
Fair value | $ 0 | [28] | $ 0 | [30] | (8) | |
Investment, Identifier [Axis]: Trantech Radiator Topco, LLC, Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 12% | 12% | ||||
Principal | $ 7,920 | $ 7,920 | ||||
Cost | 7,911 | 7,894 | ||||
Fair value | $ 7,920 | $ 7,920 | 8,720 | |||
Investment, Identifier [Axis]: U.S. TelePacific Corp., Secured Debt | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [14],[29],[31] | 11.57% | ||||
Reference Rate and Spread | [14],[29],[31] | 1.25% | ||||
PIK Rate | [14],[29],[31] | 7.25% | ||||
Principal | [14],[29],[31] | $ 18,352 | ||||
Cost | [14],[29],[31] | 18,284 | ||||
Fair value | [14],[29],[31] | $ 6,859 | ||||
Investment, Identifier [Axis]: U.S. TelePacific Corp., Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [13],[16],[34] | 12.53% | ||||
Reference Rate and Spread | [13],[16],[34] | 7.15% | ||||
PIK Rate | [13],[16],[34] | 6% | ||||
Principal | [13],[16],[34] | $ 9,298 | ||||
Cost | [13],[16],[34] | 3,585 | ||||
Fair value | [13],[16],[34] | 3,333 | ||||
Investment, Identifier [Axis]: U.S. TelePacific Corp., Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Principal | [13],[34] | 946 | ||||
Cost | [13],[34] | 20 | ||||
Fair value | [13],[34] | $ 0 | ||||
Investment, Identifier [Axis]: USA DeBusk LLC, Secured Debt | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [7],[31] | 9.82% | ||||
Reference Rate and Spread | [7],[31] | 5.75% | ||||
Principal | [7],[31] | $ 33,577 | ||||
Cost | [7],[31] | 33,031 | ||||
Fair value | [7],[31] | 33,577 | ||||
Investment, Identifier [Axis]: USA DeBusk LLC, Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [6],[16] | 11.46% | ||||
Reference Rate and Spread | [6],[16] | 6% | ||||
Principal | [6],[16] | $ 23,101 | ||||
Cost | [6],[16] | 22,817 | ||||
Fair value | [6],[16] | $ 23,101 | ||||
Investment, Identifier [Axis]: USA DeBusk LLC, Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [6],[16] | 11.96% | ||||
Reference Rate and Spread | [6],[16] | 6.50% | ||||
Principal | [6],[16] | $ 9,017 | ||||
Cost | [6],[16] | 8,862 | ||||
Fair value | [6],[16] | $ 9,017 | ||||
Investment, Identifier [Axis]: USA DeBusk LLC, Secured Debt 3 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [6],[16] | 11.96% | ||||
Reference Rate and Spread | [6],[16] | 6.50% | ||||
Principal | [6],[16] | $ 4,689 | ||||
Cost | [6],[16] | 4,601 | ||||
Fair value | [6],[16] | $ 4,689 | ||||
Investment, Identifier [Axis]: UniTek Global Services, Inc. Secured Convertible Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 15% | |||||
PIK Rate | 15% | |||||
Fair value | $ 3,889 | 4,592 | ||||
Investment, Identifier [Axis]: UniTek Global Services, Inc. Secured Convertible Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 15% | |||||
PIK Rate | 15% | |||||
Fair value | $ 1,908 | $ 0 | ||||
Investment, Identifier [Axis]: UniTek Global Services, Inc., Common Stock | ||||||
Schedule of Investments [Line Items] | ||||||
Units (in shares) | 945,507 | [13] | 945,507 | [14] | ||
Cost | $ 0 | [13] | $ 0 | [14] | ||
Fair value | $ 0 | [13] | $ 0 | [14] | 0 | |
Investment, Identifier [Axis]: UniTek Global Services, Inc., Preferred Stock 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Units (in shares) | 1,133,102 | [8],[13] | 1,133,102 | [14],[32] | ||
Total Rate | 20% | [8],[13] | 20% | [14],[32] | ||
PIK Rate | 20% | [8],[13] | 20% | [14],[32] | ||
Cost | $ 2,609 | [8],[13] | $ 2,141 | [14],[32] | ||
Fair value | $ 2,833 | [8],[13] | $ 2,833 | [14],[32] | 2,832 | |
Investment, Identifier [Axis]: UniTek Global Services, Inc., Preferred Stock 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Units (in shares) | 1,521,122 | [13] | 1,521,122 | [14] | ||
Total Rate | 20% | [13] | 20% | [14] | ||
PIK Rate | 20% | [13] | 20% | [14] | ||
Cost | $ 2,188 | [13] | $ 2,188 | [14] | ||
Fair value | $ 3,698 | [13] | $ 1,991 | [14] | 1,498 | |
Investment, Identifier [Axis]: UniTek Global Services, Inc., Preferred Stock 3 | ||||||
Schedule of Investments [Line Items] | ||||||
Units (in shares) | 2,281,682 | [13] | 2,281,682 | [14] | ||
Total Rate | 19% | [13] | 19% | [14] | ||
PIK Rate | 19% | [13] | 19% | [14] | ||
Cost | $ 3,667 | [13] | $ 3,667 | [14] | ||
Fair value | $ 0 | [13] | $ 0 | [14] | 0 | |
Investment, Identifier [Axis]: UniTek Global Services, Inc., Preferred Stock 4 | ||||||
Schedule of Investments [Line Items] | ||||||
Units (in shares) | 4,336,866 | [13] | 4,336,866 | [14] | ||
Total Rate | 13.50% | [13] | 13.50% | [14] | ||
PIK Rate | 13.50% | [13] | 13.50% | [14] | ||
Cost | $ 7,924 | [13] | $ 7,924 | [14] | ||
Fair value | $ 0 | [13] | $ 0 | [14] | 0 | |
Investment, Identifier [Axis]: UniTek Global Services, Inc., Secured Convertible Debt | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [14] | 15% | ||||
PIK Rate | [14] | 15% | ||||
Principal | [14] | $ 2,403 | ||||
Cost | [14] | 2,403 | ||||
Fair value | $ 4,592 | [14] | 2,375 | |||
Investment, Identifier [Axis]: UniTek Global Services, Inc., Secured Convertible Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [13] | 15% | ||||
PIK Rate | [13] | 15% | ||||
Principal | [13] | $ 1,714 | ||||
Cost | [13] | 1,714 | ||||
Fair value | [13] | $ 3,889 | ||||
Investment, Identifier [Axis]: UniTek Global Services, Inc., Secured Convertible Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [13] | 15% | ||||
PIK Rate | [13] | 15% | ||||
Principal | [13] | $ 840 | ||||
Cost | [13] | 840 | ||||
Fair value | [13] | $ 1,908 | ||||
Investment, Identifier [Axis]: UniTek Global Services, Inc., Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [14],[29],[31] | 10.76% | ||||
Reference Rate and Spread | 7.50% | 5.50% | [14],[29],[31] | |||
PIK Rate | [14],[29],[31] | 2% | ||||
Principal | [14],[29],[31] | $ 406 | ||||
Cost | [14],[29],[31] | 405 | ||||
Fair value | $ 0 | $ 382 | [14],[29],[31] | 371 | ||
Investment, Identifier [Axis]: UniTek Global Services, Inc., Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [14],[29],[31] | 10.76% | ||||
Reference Rate and Spread | 7.50% | 5.50% | [14],[29],[31] | |||
PIK Rate | [14],[29],[31] | 2% | ||||
Principal | [14],[29],[31] | $ 1,814 | ||||
Cost | [14],[29],[31] | 1,807 | ||||
Fair value | $ 0 | $ 1,712 | [14],[29],[31] | 1,852 | ||
Investment, Identifier [Axis]: UnionRock Energy Fund II, LP, LP Interests | ||||||
Schedule of Investments [Line Items] | ||||||
Units (as a percent) | 11.11% | [9],[10],[45] | 11.11% | [11],[12],[32],[46] | ||
Cost | $ 3,719 | [9],[10],[45] | $ 3,734 | [11],[12],[32],[46] | ||
Fair value | 5,694 | [9],[10],[45] | 5,855 | [11],[12],[32],[46] | 6,123 | |
Investment, Identifier [Axis]: UnionRock Energy Fund II, LP, LP Interests | ||||||
Schedule of Investments [Line Items] | ||||||
Fair value | $ 5,694 | 5,855 | ||||
Investment, Identifier [Axis]: UnionRock Energy Fund III, LP, LP Interests | ||||||
Schedule of Investments [Line Items] | ||||||
Units (as a percent) | [9],[10],[45] | 25% | ||||
Cost | [9],[10],[45] | $ 2,493 | ||||
Fair value | $ 2,838 | [9],[10],[45] | $ 0 | |||
Investment, Identifier [Axis]: Universal Wellhead Services Holdings, LLC, Member Units | ||||||
Schedule of Investments [Line Items] | ||||||
Units (in shares) | 4,000,000 | [6],[41] | 4,000,000 | [7],[42] | ||
Cost | $ 4,000 | [6],[41] | $ 4,000 | [7],[42] | ||
Fair value | $ 0 | [6],[41] | 0 | [7],[42] | 0 | |
Investment, Identifier [Axis]: Universal Wellhead Services Holdings, LLC, Preferred Memeber Units | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 14% | |||||
PIK Rate | 14% | |||||
Fair value | $ 150 | $ 220 | ||||
Investment, Identifier [Axis]: Universal Wellhead Services Holdings, LLC, Preferred Member Units | ||||||
Schedule of Investments [Line Items] | ||||||
Units (in shares) | 716,949 | [6],[41] | 716,949 | [7],[42] | ||
Total Rate | 14% | [6],[41] | 14% | [7],[42] | ||
PIK Rate | 14% | [6],[41] | 14% | [7],[42] | ||
Cost | $ 1,032 | [6],[41] | $ 1,032 | [7],[42] | ||
Fair value | $ 150 | [6],[41] | $ 220 | [7],[42] | 0 | |
Investment, Identifier [Axis]: UserZoom Technologies, Inc., Secured Debt | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [6],[16] | 12.99% | ||||
Reference Rate and Spread | [6],[16] | 7.50% | ||||
Principal | [6],[16] | $ 4,000 | ||||
Cost | [6],[16] | 3,899 | ||||
Fair value | [6],[16] | $ 4,000 | ||||
Investment, Identifier [Axis]: VORTEQ Coil Finishers, LLC, Common Equity | ||||||
Schedule of Investments [Line Items] | ||||||
Units (in shares) | 1,038,462 | [6],[8] | 1,038,462 | [7],[32] | ||
Cost | $ 1,038 | [6],[8] | $ 1,038 | [7],[32] | ||
Fair value | $ 2,570 | [6],[8] | $ 3,930 | [7],[32] | ||
Investment, Identifier [Axis]: VVS Holdco LLC, Preferred Equity | ||||||
Schedule of Investments [Line Items] | ||||||
Units (in shares) | 12,240 | [8],[41] | 11,840 | [32],[42] | ||
Cost | $ 12,240 | [8],[41] | $ 11,840 | [32],[42] | ||
Fair value | $ 12,240 | [8],[41] | $ 11,940 | [32],[42] | 11,840 | |
Investment, Identifier [Axis]: VVS Holdco LLC, Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Reference Rate and Spread | 6% | [16],[28],[38] | 6% | [30],[31],[42] | ||
Principal | $ 0 | [16],[28],[38] | $ 0 | [30],[31],[42] | ||
Cost | 0 | [16],[28],[38] | (21) | [30],[31],[42] | ||
Fair value | $ 0 | [16],[28],[38] | $ (21) | [30],[31],[42] | 1,169 | |
Investment, Identifier [Axis]: VVS Holdco LLC, Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 11.50% | 11.50% | [42] | |||
Principal | $ 28,200 | $ 30,400 | [42] | |||
Cost | 28,035 | 30,158 | [42] | |||
Fair value | $ 28,035 | $ 30,161 | [42] | 30,100 | ||
Investment, Identifier [Axis]: Veregy Consolidated, Inc., Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Reference Rate and Spread | 5.25% | [13],[16],[28] | 5.25% | [14],[30],[31] | ||
Principal | $ 0 | [13],[16],[28] | $ 0 | [14],[30],[31] | ||
Cost | (408) | [13],[16],[28] | (630) | [14],[30],[31] | ||
Fair value | $ (408) | [13],[16],[28] | $ (630) | [14],[30],[31] | ||
Investment, Identifier [Axis]: Veregy Consolidated, Inc., Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 11.64% | [13],[16] | 10.41% | [14],[31] | ||
Reference Rate and Spread | 6% | [13],[16] | 6% | [14],[31] | ||
Principal | $ 17,433 | [13],[16] | $ 17,685 | [14],[31] | ||
Cost | 17,195 | [13],[16] | 17,381 | [14],[31] | ||
Fair value | $ 15,775 | [13],[16] | $ 15,479 | [14],[31] | ||
Investment, Identifier [Axis]: Vida Capital, Inc, Secured Debt | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [14] | 10.38% | ||||
Reference Rate and Spread | [14] | 6% | ||||
Principal | [14] | $ 15,448 | ||||
Cost | [14] | 15,313 | ||||
Fair value | [14] | $ 12,049 | ||||
Investment, Identifier [Axis]: Vision Interests, Inc., Series A Preferred Stock | ||||||
Schedule of Investments [Line Items] | ||||||
Units (in shares) | 3,000,000 | [8] | 3,000,000 | [32] | ||
Cost | $ 3,000 | [8] | $ 3,000 | [32] | ||
Fair value | $ 3,000 | [8] | $ 3,000 | [32] | 3,000 | |
Investment, Identifier [Axis]: Vistar Media, Inc., Preferred Stock | ||||||
Schedule of Investments [Line Items] | ||||||
Units (in shares) | 70,207 | [6] | 70,207 | [7] | ||
Cost | $ 767 | [6] | $ 767 | [7] | ||
Fair value | $ 2,180 | [6] | 2,250 | [7] | ||
Investment, Identifier [Axis]: Vitesse Systems, Secured Debt | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [6],[16] | 12.63% | ||||
Reference Rate and Spread | [6],[16] | 7% | ||||
Principal | [6],[16] | $ 42,500 | ||||
Cost | [6],[16] | 41,455 | ||||
Fair value | [6],[16] | $ 41,455 | ||||
Investment, Identifier [Axis]: Volusion, LLC, Common Stock | ||||||
Schedule of Investments [Line Items] | ||||||
Units (in shares) | 1,802,780 | |||||
Cost | $ 2,576 | |||||
Fair value | $ 0 | $ 0 | ||||
Investment, Identifier [Axis]: Volusion, LLC, Preferred Member Units | ||||||
Schedule of Investments [Line Items] | ||||||
Units (in shares) | 4,876,670 | |||||
Cost | $ 14,000 | |||||
Fair value | 0 | 5,990 | ||||
Investment, Identifier [Axis]: Volusion, LLC, Preferred Member Units 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Units (in shares) | 5,097,595 | |||||
Cost | $ 8,646 | |||||
Fair value | 7,250 | |||||
Investment, Identifier [Axis]: Volusion, LLC, Preferred Member Units 1.1 | ||||||
Schedule of Investments [Line Items] | ||||||
Fair value | $ 0 | 0 | ||||
Investment, Identifier [Axis]: Volusion, LLC, Preferred Member Units 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Units (in shares) | 142,512 | |||||
Cost | $ 0 | |||||
Fair value | 0 | |||||
Investment, Identifier [Axis]: Volusion, LLC, Preferred Member Units 2.1 | ||||||
Schedule of Investments [Line Items] | ||||||
Fair value | $ 7,250 | 0 | ||||
Investment, Identifier [Axis]: Volusion, LLC, Preferred Member Units 3 | ||||||
Schedule of Investments [Line Items] | ||||||
Units (in shares) | 4,876,670 | |||||
Cost | $ 14,000 | |||||
Fair value | $ 0 | $ 0 | ||||
Investment, Identifier [Axis]: Volusion, LLC, Secured Debt | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 10% | 11.50% | [40] | |||
Principal | $ 2,100 | $ 16,734 | [40] | |||
Cost | 2,100 | 16,734 | [40] | |||
Fair value | $ 2,100 | 14,914 | [40] | 17,434 | ||
Investment, Identifier [Axis]: Volusion, LLC, Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 10% | |||||
Fair value | $ 2,100 | 0 | ||||
Investment, Identifier [Axis]: Volusion, LLC, Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 11.50% | |||||
Fair value | $ 0 | $ 14,914 | ||||
Investment, Identifier [Axis]: Volusion, LLC, Unsecured Convertible Debt | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 8% | 8% | ||||
Principal | $ 409 | |||||
Cost | 409 | |||||
Fair value | $ 0 | $ 0 | 409 | |||
Investment, Identifier [Axis]: Volusion, LLC, Warrants | ||||||
Schedule of Investments [Line Items] | ||||||
Units (in shares) | [27] | 1,831,355 | ||||
Cost | [27] | $ 2,576 | ||||
Fair value | $ 0 | $ 0 | [27] | 0 | ||
Investment, Identifier [Axis]: Wahoo Fitness Acquisition L.L.C., Secured Debt | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [14],[29],[31] | 10.64% | ||||
Reference Rate and Spread | [14],[29],[31] | 5.75% | ||||
Principal | [14],[29],[31] | $ 14,625 | ||||
Cost | [14],[29],[31] | 14,268 | ||||
Fair value | [14],[29],[31] | $ 8,409 | ||||
Investment, Identifier [Axis]: Wall Street Prep, Inc., Common Stock | ||||||
Schedule of Investments [Line Items] | ||||||
Units (in shares) | 400,000 | [6] | 400,000 | [7] | ||
Cost | $ 400 | [6] | $ 400 | [7] | ||
Fair value | $ 731 | [6] | $ 420 | [7] | ||
Investment, Identifier [Axis]: Wall Street Prep, Inc., Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Reference Rate and Spread | 7% | [6],[16],[28] | 7% | [7],[30],[31] | ||
Principal | $ 0 | [6],[16],[28] | $ 0 | [7],[30],[31] | ||
Cost | (4) | [6],[16],[28] | (6) | [7],[30],[31] | ||
Fair value | $ (4) | [6],[16],[28] | $ (6) | [7],[30],[31] | ||
Investment, Identifier [Axis]: Wall Street Prep, Inc., Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 12.54% | [6],[16] | 10.74% | [7],[31] | ||
Reference Rate and Spread | 7% | [6],[16] | 7% | [7],[31] | ||
Principal | $ 3,723 | [6],[16] | $ 4,235 | [7],[31] | ||
Cost | 3,685 | [6],[16] | 4,173 | [7],[31] | ||
Fair value | $ 3,723 | [6],[16] | $ 4,146 | [7],[31] | ||
Investment, Identifier [Axis]: Watterson Brands, LLC, Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 11.50% | [6],[16],[68] | 10.73% | [7],[31] | ||
Reference Rate and Spread | 6% | [6],[16],[68] | 6% | [7],[31] | ||
Principal | $ 1,853 | [6],[16],[68] | $ 371 | [7],[31] | ||
Cost | 1,825 | [6],[16],[68] | 334 | [7],[31] | ||
Fair value | $ 1,853 | [6],[16],[68] | $ 370 | [7],[31] | ||
Investment, Identifier [Axis]: Watterson Brands, LLC, Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 11.50% | [6],[16] | 10.73% | [7],[31] | ||
Reference Rate and Spread | 6% | [6],[16] | 6% | [7],[31] | ||
Principal | $ 386 | [6],[16] | $ 391 | [7],[31] | ||
Cost | 364 | [6],[16] | 361 | [7],[31] | ||
Fair value | $ 386 | [6],[16] | $ 391 | [7],[31] | ||
Investment, Identifier [Axis]: Watterson Brands, LLC, Secured Debt 3 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 11.50% | [6],[16] | 10.73% | [7],[31] | ||
Reference Rate and Spread | 6% | [6],[16] | 6% | [7],[31] | ||
Principal | $ 15,886 | [6],[16] | $ 28,957 | [7],[31] | ||
Cost | 15,736 | [6],[16] | 28,591 | [7],[31] | ||
Fair value | $ 15,886 | [6],[16] | $ 28,947 | [7],[31] | ||
Investment, Identifier [Axis]: Watterson Brands, LLC, Secured Debt 4 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [6],[16] | 11.50% | ||||
Reference Rate and Spread | [6],[16] | 6% | ||||
Principal | [6],[16] | $ 12,707 | ||||
Cost | [6],[16] | 12,585 | ||||
Fair value | [6],[16] | $ 12,707 | ||||
Investment, Identifier [Axis]: West Star Aviation Acquisition, LLC, Common Stock | ||||||
Schedule of Investments [Line Items] | ||||||
Units (in shares) | 1,541,400 | [6] | 1,541,400 | [7] | ||
Cost | $ 1,541 | [6],[16] | $ 1,541 | [7] | ||
Fair value | $ 2,990 | [6],[16] | $ 1,950 | [7] | ||
Investment, Identifier [Axis]: West Star Aviation Acquisition, LLC, Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [6],[16],[85] | 11.34% | ||||
Reference Rate and Spread | 6% | [6],[16],[85] | 6% | [7],[29],[30],[31] | ||
Principal | $ 2,405 | [6],[16],[85] | $ 0 | [7],[29],[30],[31] | ||
Cost | 2,365 | [6],[16],[85] | (20) | [7],[29],[30],[31] | ||
Fair value | $ 2,405 | [6],[16],[85] | $ (20) | [7],[29],[30],[31] | ||
Investment, Identifier [Axis]: West Star Aviation Acquisition, LLC, Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 11.35% | [6],[16] | 8.59% | [7],[29],[31] | ||
Reference Rate and Spread | 6% | [6],[16] | 6% | [7],[29],[31] | ||
Principal | $ 10,658 | [6],[16] | $ 10,794 | [7],[29],[31] | ||
Cost | 10,512 | [6],[16] | 10,608 | [7],[29],[31] | ||
Fair value | $ 10,658 | [6],[16] | $ 10,685 | [7],[29],[31] | ||
Investment, Identifier [Axis]: West Star Aviation Acquisition, LLC, Secured Debt 3 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [6],[16] | 11.35% | ||||
Reference Rate and Spread | [6],[16] | 6% | ||||
Principal | [6],[16] | $ 5,303 | ||||
Cost | [6],[16] | 5,199 | ||||
Fair value | [6],[16] | $ 5,303 | ||||
Investment, Identifier [Axis]: Winter Services LLC, Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [6],[16],[86] | 12.64% | ||||
Reference Rate and Spread | 7% | [6],[16],[86] | 7% | [7],[30],[31] | ||
Principal | $ 2,222 | [6],[16],[86] | $ 0 | [7],[30],[31] | ||
Cost | 2,198 | [6],[16],[86] | (34) | [7],[30],[31] | ||
Fair value | $ 2,222 | [6],[16],[86] | $ 0 | [7],[30],[31] | ||
Investment, Identifier [Axis]: Winter Services LLC, Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [6],[16] | 12.66% | ||||
Reference Rate and Spread | 7% | [6],[16] | 7% | [7],[30],[31] | ||
Principal | $ 2,067 | [6],[16] | $ 0 | [7],[30],[31] | ||
Cost | 2,036 | [6],[16] | (17) | [7],[30],[31] | ||
Fair value | $ 2,067 | [6],[16] | $ (17) | [7],[30],[31] | ||
Investment, Identifier [Axis]: Winter Services LLC, Secured Debt 3 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 12.66% | [6],[16] | 10.74% | [7],[31] | ||
Reference Rate and Spread | 7% | [6],[16] | 7% | [7],[31] | ||
Principal | $ 9,300 | [6],[16] | $ 10,000 | [7],[31] | ||
Cost | 9,193 | [6],[16] | 9,848 | [7],[31] | ||
Fair value | $ 9,300 | [6],[16] | $ 9,992 | [7],[31] | ||
Investment, Identifier [Axis]: World Micro Holdings, LLC, Preferred Equity | ||||||
Schedule of Investments [Line Items] | ||||||
Units (in shares) | 3,845 | [8] | 3,845 | |||
Cost | $ 3,845 | [8] | $ 3,845 | |||
Fair value | $ 3,845 | [8] | $ 3,845 | 0 | ||
Investment, Identifier [Axis]: World Micro Holdings, LLC, Secured Debt | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 13% | 13% | ||||
Principal | $ 12,123 | $ 14,280 | ||||
Cost | 12,028 | 14,140 | ||||
Fair value | $ 12,028 | $ 14,140 | 0 | |||
Investment, Identifier [Axis]: Xenon Arc, Inc., Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Reference Rate and Spread | 5.25% | [6],[16],[28] | 5.25% | [7],[30] | ||
Principal | $ 0 | [6],[16],[28] | $ 0 | [7],[30] | ||
Cost | (163) | [6],[16],[28] | (218) | [7],[30] | ||
Fair value | $ 0 | [6],[16],[28] | $ (218) | [7],[30] | ||
Investment, Identifier [Axis]: Xenon Arc, Inc., Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 11.22% | [6],[16] | 10.84% | [7] | ||
Reference Rate and Spread | 5.75% | [6],[16] | 5.25% | [7] | ||
Principal | $ 24,057 | [6],[16] | $ 24,300 | [7] | ||
Cost | 23,713 | [6],[16] | 23,864 | [7] | ||
Fair value | $ 24,057 | [6],[16] | $ 24,135 | [7] | ||
Investment, Identifier [Axis]: Xenon Arc, Inc., Secured Debt 3 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 11.25% | [6],[16] | 8.63% | [7] | ||
Reference Rate and Spread | 5.75% | [6],[16] | 5.25% | [7] | ||
Principal | $ 37,828 | [6],[16] | $ 38,311 | [7] | ||
Cost | 37,336 | [6],[16] | 37,691 | [7] | ||
Fair value | $ 37,828 | [6],[16] | $ 38,051 | [7] | ||
Investment, Identifier [Axis]: YS Garments, LLC, Secured Debt | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 13% | [13],[16] | 9.51% | [14],[31] | ||
Reference Rate and Spread | 7.50% | [13],[16] | 5.50% | [14],[31] | ||
Principal | $ 11,167 | [13],[16] | $ 12,659 | [14],[31] | ||
Cost | 10,970 | [13],[16] | 12,619 | [14],[31] | ||
Fair value | $ 10,220 | [13],[16] | $ 12,127 | [14],[31] | ||
Investment, Identifier [Axis]: Ziegler’s NYPD, LLC, Preferred Member Units | ||||||
Schedule of Investments [Line Items] | ||||||
Units (in shares) | 10,072 | 10,072 | ||||
Cost | $ 2,834 | $ 2,834 | ||||
Fair value | $ 0 | 240 | 2,130 | |||
Investment, Identifier [Axis]: Ziegler’s NYPD, LLC, Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 6.50% | |||||
Fair value | $ 945 | $ 945 | ||||
Investment, Identifier [Axis]: Ziegler’s NYPD, LLC, Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 12% | 12% | ||||
Principal | $ 450 | $ 450 | ||||
Cost | 450 | 450 | ||||
Fair value | $ 450 | $ 450 | 625 | |||
Investment, Identifier [Axis]: Ziegler’s NYPD, LLC, Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 6.50% | 6.50% | ||||
Principal | $ 1,000 | $ 1,000 | ||||
Cost | 1,000 | 1,000 | ||||
Fair value | $ 945 | $ 945 | 1,000 | |||
Investment, Identifier [Axis]: Ziegler’s NYPD, LLC, Secured Debt 3 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 14% | 14% | ||||
Principal | $ 2,750 | $ 2,750 | ||||
Cost | 2,750 | 2,750 | ||||
Fair value | $ 2,080 | $ 2,676 | 2,750 | |||
Investment, Identifier [Axis]: Ziegler’s NYPD, LLC, Warrants | ||||||
Schedule of Investments [Line Items] | ||||||
Units (in shares) | 587 | [26] | 587 | [27] | ||
Cost | $ 600 | [26] | $ 600 | [27] | ||
Fair value | $ 0 | [26] | $ 0 | [27] | $ 0 | |
Investment, Identifier [Axis]: Zips Car Wash, LLC, Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 12.71% | [6],[16],[87] | 11.67% | [7],[29],[31] | ||
Reference Rate and Spread | 7.25% | [6],[16],[87] | 7.25% | [7],[29],[31] | ||
Principal | $ 17,279 | [6],[16],[87] | $ 17,512 | [7],[29],[31] | ||
Cost | 17,246 | [6],[16],[87] | 17,279 | [7],[29],[31] | ||
Fair value | $ 16,380 | [6],[16],[87] | $ 17,512 | [7],[29],[31] | ||
Investment, Identifier [Axis]: Zips Car Wash, LLC, Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 12.71% | [6],[16],[87] | 11.67% | [7],[29],[31],[83] | ||
Reference Rate and Spread | 7.25% | [6],[16],[87] | 7.25% | [7],[29],[31],[83] | ||
Principal | $ 4,331 | [6],[16],[87] | $ 4,389 | [7],[29],[31],[83] | ||
Cost | 4,327 | [6],[16],[87] | 4,360 | [7],[29],[31],[83] | ||
Fair value | $ 4,067 | [6],[16],[87] | $ 4,379 | [7],[29],[31],[83] | ||
[1] Principal is net of repayments. Cost is net of repayments and accumulated unearned income. Negative cost is the result of the capitalized discount being greater than the principal amount outstanding on the loan. Principal is net of repayments. Cost is net of repayments and accumulated unearned income. Negative cost is the result of the capitalized discount being greater than the principal amount outstanding on the loan. Investment fair value was determined using significant unobservable inputs, unless otherwise noted. See Note C — Fair Value Hierarchy for Investments — Portfolio Composition for further discussion. Negative fair value is the result of the capitalized discount on the loan or the unfunded commitment being valued below par. Investment fair value was determined using significant unobservable inputs, unless otherwise noted. See Note C — Fair Value Hierarchy for Investments — Portfolio Composition for further discussion. Negative fair value is the result of the capitalized discount on the loan or the unfunded commitment being valued below par. Money market fund interests included in cash and cash equivalents. Private Loan portfolio investment. See Note C — Fair Value Hierarchy for Investments — Portfolio Composition for a description of Private Loan portfolio investments. Private Loan portfolio investment. See Note C — Fair Value Hierarchy for Investments — Portfolio Composition for a description of Private Loan portfolio investments. Income producing through dividends or distributions. Investment is not a qualifying asset as defined under Section 55(a) of the 1940 Act. Qualifying assets must represent at least 70% of total assets at the time of acquisition of any additional non-qualifying assets. Other Portfolio investment. See Note C — Fair Value Hierarchy for Investments — Portfolio Composition for a description of Other Portfolio investments. Investment is not a qualifying asset as defined under Section 55(a) of the 1940 Act. Qualifying assets must represent at least 70% of total assets at the time of acquisition of any additional non-qualifying assets. Other Portfolio investment. See Note C — Fair Value Hierarchy for Investments — Portfolio Composition for a description of Other Portfolio investments. Middle Market portfolio investment. See Note C — Fair Value Hierarchy for Investments — Portfolio Composition for a description of Middle Market portfolio investments. Middle Market portfolio investment. See Note C — Fair Value Hierarchy for Investments — Portfolio Composition for a description of Middle Market portfolio investments. Portfolio company headquarters are located outside of the United States. Index based floating interest rate is subject to contractual minimum interest rate. As noted in this schedule, 96% of these floating rate loans (based on the par amount) contain LIBOR or Term SOFR (“SOFR”) floors which range between 0.50% and 2.00%, with a weighted-average floor of 1.20%. Portfolio company headquarters are located outside of the United States. Control investments are defined by the 1940 Act as investments in which more than 25% of the voting securities are owned or where the ability to nominate greater than 50% of the board representation is maintained. Control investments are defined by the 1940 Act as investments in which more than 25% of the voting securities are owned or where the ability to nominate greater than 50% of the board representation is maintained. Affiliate investments are defined by the 1940 Act as investments in which between 5% and 25% (inclusive) of the voting securities are owned and the investments are not classified as Control investments. Affiliate investments are defined by the 1940 Act as investments in which between 5% and 25% (inclusive) of the voting securities are owned and the investments are not classified as Control investments. All portfolio company headquarters are based in the United States, unless otherwise noted. All investments are Lower Middle Market portfolio investments, unless otherwise noted. See Note C — Fair Value Hierarchy for Investments — Portfolio Composition for a description of Lower Middle Market portfolio investments. All of the Company’s investments, unless otherwise noted, are encumbered either as security for the Company’s Corporate Facility or SPV Facility (each as defined in Note B.5 . — Summary of Significant Accounting Policies — Deferred Financing Costs , and together the “ Credit Facilities”) or in support of the SBA-guaranteed debentures issued by the Funds. Non-Control/Non-Affiliate investments are defined by the 1940 Act as investments that are neither Control investments nor Affiliate investments. Non-Control/Non-Affiliate investments are defined by the 1940 Act as investments that are neither Control investments nor Affiliate investments. Warrants are presented in equivalent shares/units with a strike price of $0.01 per share/unit. Warrants are presented in equivalent shares/units with a strike price of $0.01 per share/unit. The position is unfunded and no interest income is being earned as of December 31, 2023. The position may earn a nominal unused facility fee on committed amounts. A majority of the variable rate loans in the Company’s Investment Portfolio bear interest at a rate that may be determined by reference to either LIBOR (“L”), SOFR (“SF”) or an alternate Base rate (commonly based on the Federal Funds Rate or the Prime rate (“P”)), which typically resets every one, three, or six months at the borrower’s option. SOFR based contracts may include a credit spread adjustment (the “Adjustment”) that is charged in addition to the stated spread. The Adjustment is applied when the SOFR rate, plus the Adjustment, exceeds the stated floor rate, as applicable. As of December 31, 2022, SOFR based contracts in the portfolio had Adjustments ranging from 0.10% to 0.35%. The position is unfunded and no interest income is being earned as of December 31, 2022. The position may earn a nominal unused facility fee on committed amounts. Index based floating interest rate is subject to contractual minimum interest rate. As noted in this schedule, 66% of these floating rate loans (based on the par amount) contain LIBOR or Term SOFR (“SOFR”) floors which range between 0.50% and 2.00%, with a weighted-average floor of 1.04%. Income producing through dividends or distributions. Non-accrual and non-income producing debt investment. Non-accrual and non-income producing debt investment. Warrants are presented in equivalent shares/units with a strike price of $1.00 per share/unit. Index based floating interest rate is subject to contractual maximum base rate of 3.00%. Index based floating interest rate is subject to contractual maximum base rate of 2.50%. Maturity date is under on-going negotiations with the portfolio company and other lenders, if applicable. The Company has entered into an intercreditor agreement that entitles the Company to the “last out” tranche of the first lien secured loans, whereby the “first out” tranche will receive priority as to the “last out” tranche with respect to payments of principal, interest, and any other amounts due thereunder. Therefore, the Company receives a higher interest rate than the contractual stated interest rate of SOFR+6.00% (Floor 1.00%) per the credit agreement and the Consolidated Schedule of Investments above reflects such higher rate. Maturity date is under on-going negotiations with the portfolio company and other lenders, if applicable. Shares/Units represent ownership in a related Real Estate or HoldCo entity. Shares/Units represent ownership in a related Real Estate or HoldCo entity. The Company has entered into an intercreditor agreement that entitles the Company to the “last out” tranche of the first lien secured loans, whereby the “first out” tranche will receive priority as to the “last out” tranche with respect to payments of principal, interest, and any other amounts due thereunder. Therefore, the Company receives a higher interest rate than the contractual stated interest rate of SOFR plus 8.00% (Floor 1.50%) per the credit agreement and the Consolidated Schedule of Investments above reflects such higher rate. The Company has entered into an intercreditor agreement that entitles the Company to the “last out” tranche of the first lien secured loans, whereby the “first out” tranche will receive priority as to the “last out” tranche with respect to payments of principal, interest, and any other amounts due thereunder. Therefore, the Company receives a higher interest rate than the contractual stated interest rate of SOFR+8.00% (Floor 1.50%) per the credit agreement and the Consolidated Schedule of Investments above reflects such higher rate. Investment is not unitized. Presentation is made in percent of fully diluted ownership unless otherwise indicated. Investment is not unitized. Presentation is made in percent of fully diluted ownership unless otherwise indicated. The security has an effective contractual interest rate of 2.00% PIK + LIBOR+6.50%, Floor 1.00%, but the issuer may, in its discretion, elect to pay the PIK interest in cash. The rate presented represents the effective current yield based on actual payments received during the period. As of December 31, 2023, borrowings under the loan facility bore interest at SOFR+7.00% (Floor 2.00%). RLOC facility permits the borrower to make an interest rate election regarding the base rate on each draw under the facility. The rate presented represents a weighted-average rate for borrowings under the facility, as of December 31, 2023. As of December 31, 2022, borrowings under the loan facility bore interest at SOFR+6.25% (Floor 1.00%). RLOC facility permits the borrower to make an interest rate election regarding the base rate on each draw under the facility. The rate presented represents a weighted-average rate for borrowings under the facility, as of December 31, 2022. As of December 31, 2022, borrowings under the loan facility bore interest at SOFR+6.25% (Floor 1.00%). Due to an amendment and subsequent funding during the quarter, the term loan facility has different floating rate reset dates. The rate presented represents a weighted-average rate for borrowings under the facility, as of December 31, 2022. As of December 31, 2023, borrowings under the loan facility bore interest at SOFR+8.00% (Floor 1.00%). RLOC facility permits the borrower to make an interest rate election regarding the base rate on each draw under the facility. The rate presented represents a weighted-average rate for borrowings under the facility, as of December 31, 2023. As of December 31, 2022, borrowings under the loan facility bore interest at LIBOR+8.00% (Floor 1.00%). RLOC facility permits the borrower to make an interest rate election regarding the base rate on each draw under the facility. The rate presented represents a weighted-average rate for borrowings under the facility, as of December 31, 2022. Effective yield as of December 31, 2023 was approximately 4.98% on the Dreyfus Government Cash Management. Effective yield as of December 31, 2023 was approximately 5.01% on the Fidelity Government Fund. Effective yield as of December 31, 2023 was approximately 4.99% on the Fidelity Treasury. As of December 31, 2023, borrowings under the loan facility bore interest at SOFR+6.50% (Floor 1.00%). RLOC facility permits the borrower to make an interest rate election regarding the base rate on each draw under the facility. The rate presented represents a weighted-average rate for borrowings under the facility, as of December 31, 2023. As of December 31, 2023, borrowings under the loan facility bore interest at SOFR+5.75% (Floor 1.00%). RLOC facility permits the borrower to make an interest rate election regarding the base rate on each draw under the facility. The rate presented represents a weighted-average rate for borrowings under the facility, as of December 31, 2023. Index based floating interest rate is subject to contractual maximum base rate of 1.50%. Index based floating interest rate is subject to contractual maximum base rate of 1.50%. As of December 31, 2022, borrowings under the loan facility bore interest at SOFR+5.75% (Floor 1.00%). RLOC facility permits the borrower to make an interest rate election regarding the base rate on each draw under the facility. The rate presented represents a weighted-average rate for borrowings under the facility, as of December 31, 2022. As of December 31, 2023, borrowings under the loan facility bore interest at SOFR+7.00% (Floor 1.50%). RLOC facility permits the borrower to make an interest rate election regarding the base rate on each draw under the facility. The rate presented represents a weighted-average rate for borrowings under the facility, as of December 31, 2023. As of December 31, 2022, borrowings under the loan facility bore interest at LIBOR+6.50% PIK or Prime+5.50% PIK. Revolving facility permits the borrower to make an interest rate election regarding the base rate on each draw under the facility. The rate presented represents a weighted-average rate for borrowings under the facility, as of December 31, 2022. Warrants are presented in equivalent shares/units with a strike price of $1.00 per share/unit. As of December 31, 2023, borrowings under the loan facility bore interest at SOFR+6.75% (Floor 1.00%). RLOC facility permits the borrower to make an interest rate election regarding the base rate on each draw under the facility. The rate presented represents a weighted-average rate for borrowings under the facility, as of December 31, 2023. As of December 31, 2023, borrowings under the loan facility bore interest at SOFR+8.00% (Floor 2.00%). RLOC facility permits the borrower to make an interest rate election regarding the base rate on each draw under the facility. The rate presented represents a weighted-average rate for borrowings under the facility, as of December 31, 2023. As of December 31, 2023, borrowings under the loan facility bore interest at SOFR+10.00%. RLOC facility permits the borrower to make an interest rate election regarding the base rate on each draw under the facility. The rate presented represents a weighted-average rate for borrowings under the facility, as of December 31, 2023. As of December 31, 2022, borrowings under the loan facility bore interest at LIBOR+10.00%. RLOC facility permits the borrower to make an interest rate election regarding the base rate on each draw under the facility. The rate presented represents a weighted-average rate for borrowings under the facility, as of December 31, 2022. As of December 31, 2023, borrowings under the loan facility bore interest at SOFR+6.00% (Floor 1.00%). RLOC facility permits the borrower to make an interest rate election regarding the base rate on each draw under the facility. The rate presented represents a weighted-average rate for borrowings under the facility, as of December 31, 2023. As of December 31, 2023, borrowings under the loan facility bore interest at SOFR+7.00% (Floor 1.00%). Each new draw or funding on the facility has a different floating rate reset date. The rate presented represents a weighted-average rate for borrowings under the facility, as of December 31, 2023. External Investment Manager. Investment is not encumbered as security for the Company’s Credit Facilities or in support of the SBA-guaranteed debentures issued by the Funds. External Investment Manager. Investment is not encumbered as security for the Company’s Credit Facilities or in support of the SBA-guaranteed debentures issued by the Funds. As of December 31, 2022, borrowings under the loan facility bore interest at LIBOR+7.25% (Floor 0.75%). RLOC facility permits the borrower to make an interest rate election regarding the base rate on each draw under the facility. The rate presented represents a weighted-average rate for borrowings under the facility, as of December 31, 2022. As of December 31, 2022, borrowings under the loan facility bore interest at SOFR+8.00% (Floor 1.00%). RLOC facility permits the borrower to make an interest rate election regarding the base rate on each draw under the facility. The rate presented represents a weighted-average rate for borrowings under the facility, as of December 31, 2022. As of December 31, 2023, borrowings under the loan facility bore interest at SOFR+7.25% (Floor 1.00%). RLOC facility permits the borrower to make an interest rate election regarding the base rate on each draw under the facility. The rate presented represents a weighted-average rate for borrowings under the facility, as of December 31, 2023. As of December 31, 2023, borrowings under the loan facility bore interest at SOFR+5.75% (1.00%). Each new draw or funding on the facility has a different floating rate reset date. The rate presented represents a weighted-average rate for borrowings under the facility, as of December 31, 2023. As of December 31, 2022, borrowings under the loan facility bore interest at SOFR+5.75% (Floor 1.00%). Delayed draw term loan facility permits the borrower to make an interest rate election regarding the base rate on each draw under the facility. The rate presented represents a weighted-average rate for borrowings under the facility, as of December 31, 2022. Warrants are presented in equivalent units with a strike price of $14.28 per unit. As of December 31, 2022, borrowings under the loan facility bore interest at SOFR+7.75% (Floor 1.25%). RLOC facility permits the borrower to make an interest rate election regarding the base rate on each draw under the facility. The rate presented represents a weighted-average rate for borrowings under the facility, as of December 31, 2022. As of December 31, 2023, borrowings under the loan facility bore interest at SOFR+6.50% (Floor 2.00%). RLOC facility permits the borrower to make an interest rate election regarding the base rate on each draw under the facility. The rate presented represents a weighted-average rate for borrowings under the facility, as of December 31, 2023. Portfolio company is in a bankruptcy process and, as such, the maturity date of our debt investment in this portfolio company will not be finally determined until such process is complete. As noted in footnote (14), our debt investment in this portfolio company is on non-accrual status. The Company has entered into an intercreditor agreement that entitles the Company to the “last out” tranche of the first lien secured loans, whereby the “first out” tranche will receive priority as to the “last out” tranche with respect to payments of principal, interest, and any other amounts due thereunder. Therefore, the Company receives a higher interest rate than the contractual stated interest rate of 11.25% per the credit agreement and the Consolidated Schedule of Investments above reflects such higher rate. In connection with the Company’s debt investment in Staples Canada ULC and in an attempt to mitigate any potential adverse change in foreign exchange rates during the term of the Company’s investment, the Company maintains a forward foreign currency contract with Cadence Bank to lend $16.9 million Canadian Dollars and receive $13.1 million U.S. Dollars with a settlement date of September 14, 2023. The unrealized appreciation on the forward foreign currency contract was $0.6 million as of December 31, 2022. As of December 31, 2022, borrowings under the loan facility bore interest at SOFR+7.25% (Floor 1.00%). Each new draw on the delayed draw term loan facility has a different floating rate reset date. The rate presented represents a weighted-average rate for borrowings under the facility, as of December 31, 2022. Short-term portfolio investments. See Note C — Fair Value Hierarchy for Investments — Portfolio Composition for a description of short-term portfolio investments. As of December 31, 2023, borrowings under the loan facility bore interest at SOFR+7.00% (Floor 1.00%). RLOC facility permits the borrower to make an interest rate election regarding the base rate on each draw under the facility. The rate presented represents a weighted-average rate for borrowings under the facility, as of December 31, 2023. As of December 31, 2023, borrowings under the loan facility bore interest at SOFR+7.25% (Floor 1.00%). Each new draw or funding on the facility has a different floating rate reset date. The rate presented represents a weighted-average rate for borrowings under the facility, as of December 31, 2023. |
Consolidated Schedule of Inve_2
Consolidated Schedule of Investments (Parenthetical) $ in Thousands, $ in Millions | 12 Months Ended | ||||||
Dec. 31, 2023 USD ($) $ / shares | Dec. 31, 2022 USD ($) $ / shares | Dec. 31, 2022 CAD ($) | |||||
Schedule of Investments [Line Items] | |||||||
Percentage of loans with variable rate floors (as a percent) | 96% | 66% | 66% | ||||
Strike price (in dollars per share) | $ / shares | $ 0.01 | $ 0.01 | |||||
Bolder Panther Group, LLC | |||||||
Schedule of Investments [Line Items] | |||||||
Floor rate (as a percent) | 1.50% | 1.50% | 1.50% | ||||
SI East, LLC | |||||||
Schedule of Investments [Line Items] | |||||||
Interest rate (as a percent) | 11.25% | ||||||
Jackmont Hospitality, Inc. | |||||||
Schedule of Investments [Line Items] | |||||||
Floor rate (as a percent) | 1% | ||||||
Imaging Business Machines, L.L.C. | |||||||
Schedule of Investments [Line Items] | |||||||
Floor rate (as a percent) | 1.50% | ||||||
Computer Data Source, LLC | |||||||
Schedule of Investments [Line Items] | |||||||
Floor rate (as a percent) | 1% | 1% | 1% | ||||
Inspire Aesthetics Management, LLC | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | 2% | ||||||
Richardson Sales Solutions | |||||||
Schedule of Investments [Line Items] | |||||||
Floor rate (as a percent) | 2% | ||||||
Various Investment 1 | |||||||
Schedule of Investments [Line Items] | |||||||
Floor rate (as a percent) | 1% | 1% | 1% | ||||
Zips Car Wash, LLC | |||||||
Schedule of Investments [Line Items] | |||||||
Floor rate (as a percent) | 1% | ||||||
PTL US Bidco, Inc | |||||||
Schedule of Investments [Line Items] | |||||||
Floor rate (as a percent) | 1% | ||||||
Winter Services LLC | |||||||
Schedule of Investments [Line Items] | |||||||
Floor rate (as a percent) | 1% | ||||||
Dreyfus Government Cash Management | |||||||
Schedule of Investments [Line Items] | |||||||
PIK rate (as a percent) | 4.98% | ||||||
Fidelity Government Fund | |||||||
Schedule of Investments [Line Items] | |||||||
PIK rate (as a percent) | 5.01% | ||||||
Fidelity Treasury | |||||||
Schedule of Investments [Line Items] | |||||||
PIK rate (as a percent) | 4.99% | ||||||
GULF PACIFIC ACQUISITION, LLC | |||||||
Schedule of Investments [Line Items] | |||||||
Floor rate (as a percent) | 1% | ||||||
Paragon Healthcare, Inc. | |||||||
Schedule of Investments [Line Items] | |||||||
Floor rate (as a percent) | 1% | 1% | 1% | ||||
West Star Aviation Acquisition, LLC | |||||||
Schedule of Investments [Line Items] | |||||||
Floor rate (as a percent) | 0.75% | ||||||
Channel Partners Intermediateco, LLC | |||||||
Schedule of Investments [Line Items] | |||||||
Floor rate (as a percent) | 2% | 1% | 1% | ||||
GS HVAM Intermediate, LLC | |||||||
Schedule of Investments [Line Items] | |||||||
Floor rate (as a percent) | 1% | ||||||
Arrow International, Inc | |||||||
Schedule of Investments [Line Items] | |||||||
Floor rate (as a percent) | 1% | 1% | |||||
Cadence Aerospace LLC | |||||||
Schedule of Investments [Line Items] | |||||||
Floor rate (as a percent) | 1% | 1% | |||||
PIK rate (as a percent) | 2% | 2% | |||||
IG Parent Corporation | |||||||
Schedule of Investments [Line Items] | |||||||
Floor rate (as a percent) | 1% | 1% | |||||
Mako Steel, LP | |||||||
Schedule of Investments [Line Items] | |||||||
Floor rate (as a percent) | 0.75% | 0.75% | |||||
NWN Corporation | |||||||
Schedule of Investments [Line Items] | |||||||
Floor rate (as a percent) | 1% | 1% | |||||
RTIC Subsidiary Holdings, LLC | |||||||
Schedule of Investments [Line Items] | |||||||
Floor rate (as a percent) | 1.25% | 1.25% | |||||
Forward Foreign Currency Contract | Staples Canada ULC | |||||||
Schedule of Investments [Line Items] | |||||||
Principal | $ 13,100 | $ 16.9 | |||||
Foreign currency transaction gain (loss), unrealized | $ 600 | ||||||
Minimum | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | 0.10% | 0.10% | 0.10% | ||||
Maximum | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | 0.43% | 0.35% | 0.35% | ||||
LIBOR or SOFR | Minimum | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | 0.50% | 0.50% | 0.50% | ||||
LIBOR or SOFR | Maximum | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | 2% | ||||||
Floor rate (as a percent) | 2% | 2% | |||||
LIBOR or SOFR | Weighted Average | |||||||
Schedule of Investments [Line Items] | |||||||
Floor rate (as a percent) | 1.20% | 1.04% | 1.04% | ||||
SOFR | Bolder Panther Group, LLC | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | 8% | 8% | 8% | ||||
SOFR | Jackmont Hospitality, Inc. | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | 7% | ||||||
SOFR | Imaging Business Machines, L.L.C. | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | 7% | ||||||
SOFR | Computer Data Source, LLC | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | 8% | ||||||
SOFR | Inspire Aesthetics Management, LLC | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | 8% | ||||||
SOFR | Richardson Sales Solutions | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | 6.50% | ||||||
SOFR | Various Investment 1 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | 6.75% | 7.25% | 7.25% | ||||
SOFR | Zips Car Wash, LLC | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | 7.25% | ||||||
SOFR | PTL US Bidco, Inc | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | 7.25% | ||||||
SOFR | Winter Services LLC | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | 7% | ||||||
SOFR | GULF PACIFIC ACQUISITION, LLC | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | 5.75% | ||||||
SOFR | Paragon Healthcare, Inc. | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | 5.75% | 5.75% | 5.75% | ||||
SOFR | JTI Electrical & Mechanical, LLC | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | 6% | ||||||
Floor rate (as a percent) | 1% | ||||||
SOFR | Watterson Brands, LLC | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | 6% | ||||||
Floor rate (as a percent) | 1% | ||||||
SOFR | West Star Aviation Acquisition, LLC | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | 6% | ||||||
SOFR | Channel Partners Intermediateco, LLC | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | 7% | 6.25% | 6.25% | ||||
SOFR | GS HVAM Intermediate, LLC | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | 6.50% | ||||||
SOFR | Arrow International, Inc | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | 6% | 6% | |||||
SOFR | IG Parent Corporation | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | 5.75% | 5.75% | |||||
SOFR | Interface Security Systems, L.L.C | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | 10% | ||||||
SOFR | NWN Corporation | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | 8% | 8% | |||||
SOFR | RTIC Subsidiary Holdings, LLC | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | 7.75% | 7.75% | |||||
(LIBOR) | Computer Data Source, LLC | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | 8% | 8% | |||||
(LIBOR) | Cadence Aerospace LLC | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | 6.50% | 6.50% | |||||
(LIBOR) | Independent Pet Partners Intermediate Holdings, LLC | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | 6.50% | 6.50% | |||||
(LIBOR) | Interface Security Systems, L.L.C | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | 10% | 10% | |||||
(LIBOR) | Mako Steel, LP | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | 7.25% | 7.25% | |||||
Prime Rate | Independent Pet Partners Intermediate Holdings, LLC | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | 5.50% | 5.50% | |||||
Investment, Identifier [Axis]: AAC Holdings, Inc., Secured Debt | |||||||
Schedule of Investments [Line Items] | |||||||
Principal | [1] | $ 11,726 | |||||
Interest rate (as a percent) | [1] | 18% | 18% | ||||
Investment, Identifier [Axis]: AAC Holdings, Inc., Secured Debt 1 | |||||||
Schedule of Investments [Line Items] | |||||||
Principal | [2] | $ 423 | |||||
Interest rate (as a percent) | [2] | 18% | |||||
Investment, Identifier [Axis]: AAC Holdings, Inc., Secured Debt 2 | |||||||
Schedule of Investments [Line Items] | |||||||
Principal | [2] | $ 14,053 | |||||
Interest rate (as a percent) | [2] | 18% | |||||
Investment, Identifier [Axis]: AB Centers Acquisition Corporation, Secured Debt 1 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | 5% | [3],[4],[5] | 6% | [6],[7],[8],[9] | 6% | [6],[7],[8],[9] | |
Principal | $ 0 | [3],[4],[5] | $ 0 | [6],[7],[8],[9] | |||
Investment, Identifier [Axis]: AB Centers Acquisition Corporation, Secured Debt 2 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | 6% | [3],[5] | 6% | [6],[7],[9] | 6% | [6],[7],[9] | |
Principal | $ 1,921 | [3],[5] | $ 741 | [6],[7],[9] | |||
Interest rate (as a percent) | 11.43% | [3],[5] | 10.20% | [6],[7],[9] | 10.20% | [6],[7],[9] | |
Investment, Identifier [Axis]: AB Centers Acquisition Corporation, Secured Debt 3 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | 6% | [3],[5] | 6% | [6],[7],[9] | 6% | [6],[7],[9] | |
Principal | $ 19,817 | [3],[5] | $ 17,052 | [6],[7],[9] | |||
Interest rate (as a percent) | 11.43% | [3],[5] | 10.58% | [6],[7],[9] | 10.58% | [6],[7],[9] | |
Investment, Identifier [Axis]: AB Centers Acquisition Corporation, Secured Debt 4 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | [3],[5] | 6% | |||||
Principal | [3],[5] | $ 1,372 | |||||
Interest rate (as a percent) | [3],[5] | 11.43% | |||||
Investment, Identifier [Axis]: ADS Tactical, Inc., Secured Debt | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | 5.75% | [2],[5] | 5.75% | [1],[9] | 5.75% | [1],[9] | |
Principal | $ 10,952 | [2],[5] | $ 21,077 | [1],[9] | |||
Interest rate (as a percent) | 11.22% | [2],[5] | 10.14% | [1],[9] | 10.14% | [1],[9] | |
Investment, Identifier [Axis]: AMEREQUIP LLC., Secured Debt 1 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | 7.40% | [3],[4],[5] | 7.40% | [6],[7],[8],[9] | 7.40% | [6],[7],[8],[9] | |
Principal | $ 0 | [3],[4],[5] | $ 0 | [6],[7],[8],[9] | |||
Investment, Identifier [Axis]: AMEREQUIP LLC., Secured Debt 2 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | 7.40% | [3],[5] | 7.40% | [6],[7],[9] | 7.40% | [6],[7],[9] | |
Principal | $ 28,422 | [3],[5] | $ 37,491 | [6],[7],[9] | |||
Interest rate (as a percent) | 12.76% | [3],[5] | 11.72% | [6],[7],[9] | 11.72% | [6],[7],[9] | |
Investment, Identifier [Axis]: ASC Interests, LLC, Secured Debt 1 | |||||||
Schedule of Investments [Line Items] | |||||||
Principal | $ 400 | $ 400 | |||||
Interest rate (as a percent) | 13% | 13% | 13% | ||||
Investment, Identifier [Axis]: ASC Interests, LLC, Secured Debt 2 | |||||||
Schedule of Investments [Line Items] | |||||||
Principal | $ 1,650 | $ 1,650 | |||||
Interest rate (as a percent) | 13% | 13% | 13% | ||||
Investment, Identifier [Axis]: ATS Operating, LLC, Secured Debt 1 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | 6.50% | [3],[5] | 5.50% | [6],[7],[8],[9] | 5.50% | [6],[7],[8],[9] | |
Principal | $ 360 | [3],[5] | $ 0 | [6],[7],[8],[9] | |||
Interest rate (as a percent) | [3],[5] | 12.16% | |||||
Investment, Identifier [Axis]: ATS Operating, LLC, Secured Debt 2 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | 5.50% | [3],[5] | 5.50% | [6],[7],[9] | 5.50% | [6],[7],[9] | |
Principal | $ 6,660 | [3],[5] | $ 6,660 | [6],[7],[9] | |||
Interest rate (as a percent) | 11.16% | [3],[5] | 9.32% | [6],[7],[9] | 9.32% | [6],[7],[9] | |
Investment, Identifier [Axis]: ATS Operating, LLC, Secured Debt 3 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | 7.50% | [3],[5] | 7.50% | [6],[7],[9] | 7.50% | [6],[7],[9] | |
Principal | $ 6,660 | [3],[5] | $ 6,660 | [6],[7],[9] | |||
Interest rate (as a percent) | 13.16% | [3],[5] | 11.32% | [6],[7],[9] | 11.32% | [6],[7],[9] | |
Investment, Identifier [Axis]: ATS Workholding, LLC, Secured Debt 1 | |||||||
Schedule of Investments [Line Items] | |||||||
Principal | $ 2,090 | [3],[10] | $ 1,901 | [7],[11] | |||
Interest rate (as a percent) | 5% | [3],[10] | 5% | [7],[11] | 5% | [7],[11] | |
Investment, Identifier [Axis]: ATS Workholding, LLC, Secured Debt 2 | |||||||
Schedule of Investments [Line Items] | |||||||
Principal | $ 3,015 | [3],[10] | $ 3,015 | [7],[11] | |||
Interest rate (as a percent) | 5% | [3],[10] | 5% | [7],[11] | 5% | [7],[11] | |
Investment, Identifier [Axis]: ATX Networks Corp., Secured Debt | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | 7.50% | 7.50% | [1],[9] | 7.50% | [1],[9] | ||
Principal | [1],[9] | $ 6,783 | |||||
Interest rate (as a percent) | [1],[9] | 12.23% | 12.23% | ||||
Investment, Identifier [Axis]: ATX Networks Corp., Unsecured Debt | |||||||
Schedule of Investments [Line Items] | |||||||
Principal | [1] | $ 3,396 | |||||
Interest rate (as a percent) | 10% | 10% | [1] | 10% | [1] | ||
Investment, Identifier [Axis]: AVEX Aviation Holdings, LLC, Secured Debt 1 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | 7.25% | [3],[4],[5] | 7.25% | [6],[7],[8],[9] | 7.25% | [6],[7],[8],[9] | |
Principal | $ 0 | [3],[4],[5] | $ 0 | [6],[7],[8],[9] | |||
Investment, Identifier [Axis]: AVEX Aviation Holdings, LLC, Secured Debt 2 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | 7.25% | [3],[5] | 7.25% | [6],[7],[9] | 7.25% | [6],[7],[9] | |
Principal | $ 24,602 | [3],[5] | $ 29,071 | [6],[7],[9] | |||
Interest rate (as a percent) | 12.76% | [3],[5] | 12.17% | [6],[7],[9] | 12.17% | [6],[7],[9] | |
Investment, Identifier [Axis]: Acousti Engineering Company of Florida, Secured Debt 1 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | [7],[9] | 8.50% | 8.50% | ||||
Principal | [7],[9] | $ 1,678 | |||||
Interest rate (as a percent) | [7],[9] | 13.23% | 13.23% | ||||
Investment, Identifier [Axis]: Acousti Engineering Company of Florida, Secured Debt 2 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | [7],[9] | 8.50% | 8.50% | ||||
Principal | [7],[9] | $ 9,891 | |||||
Interest rate (as a percent) | [7],[9] | 13.23% | 13.23% | ||||
Investment, Identifier [Axis]: Acousti Engineering Company of Florida, Secured Debt 3 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | [7],[9] | 12.50% | 12.50% | ||||
Principal | [7],[9] | $ 807 | |||||
Interest rate (as a percent) | [7],[9] | 16.17% | 16.17% | ||||
Investment, Identifier [Axis]: Acumera, Inc., Secured Debt 1 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | 7.50% | [3],[4],[5] | 9.50% | [7],[9] | 9.50% | [7],[9] | |
Principal | $ 0 | [3],[4],[5] | $ 14,618 | [7],[9] | |||
Interest rate (as a percent) | [7],[9] | 13.88% | 13.88% | ||||
Investment, Identifier [Axis]: Acumera, Inc., Secured Debt 2 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | 7.50% | [3],[5] | 9% | [7],[9] | 9% | [7],[9] | |
Principal | $ 24,796 | [3],[5] | $ 4,368 | [7],[9] | |||
Interest rate (as a percent) | 12.98% | [3],[5] | 13.57% | [7],[9] | 13.57% | [7],[9] | |
Investment, Identifier [Axis]: Acumera, Inc., Warrants | |||||||
Schedule of Investments [Line Items] | |||||||
Strike price (in dollars per share) | $ / shares | $ 1 | ||||||
Investment, Identifier [Axis]: Adams Publishing Group, LLC, Secured Debt 1 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | 7% | [3],[5],[12] | 6% | [7],[9],[13] | 6% | [7],[9],[13] | |
Principal | $ 7,841 | [3],[5],[12] | $ 4,729 | [7],[9],[13] | |||
Interest rate (as a percent) | 11% | [3],[5],[12] | 10% | [7],[9],[13] | 10% | [7],[9],[13] | |
Interest rate (as a percent) | 3% | 2.50% | 2.50% | ||||
Investment, Identifier [Axis]: Adams Publishing Group, LLC, Secured Debt 2 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | 7% | [3],[5],[12] | 7.50% | [7],[9],[13] | 7.50% | [7],[9],[13] | |
Principal | $ 21,207 | [3],[5],[12] | $ 24,086 | [7],[9],[13] | |||
Interest rate (as a percent) | 11% | [3],[5],[12] | 10% | [7],[9],[13] | 10% | [7],[9],[13] | |
Interest rate (as a percent) | 3% | 2.50% | 2.50% | ||||
Investment, Identifier [Axis]: American Health Staffing Group, Inc., Secured Debt 1 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | 5% | [3],[4],[5] | 6% | [7],[8],[9] | 6% | [7],[8],[9] | |
Principal | $ 0 | [3],[4],[5] | $ 0 | [7],[8],[9] | |||
Investment, Identifier [Axis]: American Health Staffing Group, Inc., Secured Debt 2 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | 5% | [3],[5] | 6% | [7],[9] | 6% | [7],[9] | |
Principal | $ 6,550 | [3],[5] | $ 6,617 | [7],[9] | |||
Interest rate (as a percent) | 13.50% | [3],[5] | 11.12% | [7],[9] | 11.12% | [7],[9] | |
Investment, Identifier [Axis]: American Nuts, LLC, Secured Debt 1 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | 9.75% | [3],[5] | 6.75% | [6],[7],[9] | 6.75% | [6],[7],[9] | |
Principal | $ 6,462 | [3],[5] | $ 15,628 | [6],[7],[9] | |||
Interest rate (as a percent) | 15.29% | [3],[5] | 10.46% | [6],[7],[9] | 10.46% | [6],[7],[9] | |
Investment, Identifier [Axis]: American Nuts, LLC, Secured Debt 2 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | 9.75% | [3],[5] | 8.75% | [6],[7],[9] | 8.75% | [6],[7],[9] | |
Principal | $ 10,507 | [3],[5] | $ 15,628 | [6],[7],[9] | |||
Interest rate (as a percent) | 15.29% | [3],[5] | 12.46% | [6],[7],[9] | 12.46% | [6],[7],[9] | |
Investment, Identifier [Axis]: American Nuts, LLC, Secured Debt 3 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | [3],[5],[10] | 11.75% | |||||
Principal | [3],[5],[10] | $ 5,705 | |||||
Interest rate (as a percent) | [3],[5],[10] | 17.29% | |||||
Investment, Identifier [Axis]: American Nuts, LLC, Secured Debt 4 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | [3],[5],[10] | 11.75% | |||||
Principal | [3],[5],[10] | $ 9,283 | |||||
Interest rate (as a percent) | [3],[5],[10] | 17.29% | |||||
Investment, Identifier [Axis]: American Teleconferencing Services, Ltd., Secured Debt 1 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | [1],[11] | 6.50% | 6.50% | ||||
Principal | $ 2,980 | [2],[10],[14] | $ 2,980 | [1],[11] | |||
Interest rate (as a percent) | [1],[11] | 7.50% | 7.50% | ||||
Investment, Identifier [Axis]: American Teleconferencing Services, Ltd., Secured Debt 2 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | [1],[9],[11] | 6.50% | 6.50% | ||||
Principal | $ 14,370 | [2],[10],[14] | $ 14,370 | [1],[9],[11] | |||
Interest rate (as a percent) | [1],[9],[11] | 7.50% | 7.50% | ||||
Investment, Identifier [Axis]: Analytical Systems Keco Holdings, LLC, Preferred Member Units 1.1 | |||||||
Schedule of Investments [Line Items] | |||||||
Interest rate (as a percent) | 14.13% | 14.13% | 14.13% | ||||
Investment, Identifier [Axis]: Analytical Systems Keco Holdings, LLC, Preferred Member Units 2 | |||||||
Schedule of Investments [Line Items] | |||||||
Interest rate (as a percent) | 14.13% | 14.13% | 14.13% | ||||
Investment, Identifier [Axis]: Analytical Systems Keco Holdings, LLC, Secured Debt 1 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | 10% | [5] | 10% | [8],[9] | 10% | [8],[9] | |
Principal | $ 220 | [5] | $ 0 | [8],[9] | |||
Interest rate (as a percent) | [5] | 15.38% | |||||
Investment, Identifier [Axis]: Analytical Systems Keco Holdings, LLC, Secured Debt 2 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | 10% | [5] | 10% | [9] | 10% | [9] | |
Principal | $ 4,125 | [5] | $ 4,665 | [9] | |||
Interest rate (as a percent) | 15.38% | [5] | 14.13% | [9] | 14.13% | [9] | |
Investment, Identifier [Axis]: ArborWorks, LLC, Secured Debt 1 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | [7],[9] | 9% | 9% | ||||
Principal | $ 1,907 | [3] | $ 4,678 | [7],[9] | |||
Interest rate (as a percent) | 15% | [3] | 13.41% | [7],[9] | 13.41% | [7],[9] | |
Investment, Identifier [Axis]: ArborWorks, LLC, Secured Debt 2 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | 6.50% | [3],[5] | 9% | [7],[9] | 9% | [7],[9] | |
Principal | $ 7,149 | [3],[5] | $ 29,722 | [7],[9] | |||
Interest rate (as a percent) | 12.04% | [3],[5] | 13.56% | [7],[9] | 13.56% | [7],[9] | |
Investment, Identifier [Axis]: Archer Systems, LLC, Secured Debt 1 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | [6],[7],[8],[9] | 6.50% | 6.50% | ||||
Principal | [6],[7],[8],[9] | $ 0 | |||||
Investment, Identifier [Axis]: Archer Systems, LLC, Secured Debt 2 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | [6],[7],[9] | 6.50% | 6.50% | ||||
Principal | [6],[7],[9] | $ 67,597 | |||||
Interest rate (as a percent) | [6],[7],[9] | 10.92% | 10.92% | ||||
Investment, Identifier [Axis]: Arrow International, Inc, Secured Debt | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | [6],[7],[9],[15] | 6.60% | 6.60% | ||||
Principal | [6],[7],[9],[15] | $ 36,000 | |||||
Interest rate (as a percent) | [6],[7],[9],[15] | 10.36% | 10.36% | ||||
Investment, Identifier [Axis]: BBB Tank Services, LLC, Preferred Stock (non-voting) | |||||||
Schedule of Investments [Line Items] | |||||||
Interest rate (as a percent) | 15% | 15% | |||||
Investment, Identifier [Axis]: BBB Tank Services, LLC, Unsecured Debt 1 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | 11% | 11% | [9],[16] | 11% | [9],[16] | ||
Principal | [9],[16] | $ 800 | |||||
Interest rate (as a percent) | [9],[16] | 15.12% | 15.12% | ||||
Investment, Identifier [Axis]: BBB Tank Services, LLC, Unsecured Debt 2 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | 11% | 11% | [9],[16] | 11% | [9],[16] | ||
Principal | [9],[16] | $ 4,000 | |||||
Interest rate (as a percent) | [9],[16] | 15.12% | 15.12% | ||||
Investment, Identifier [Axis]: Barfly Ventures, LLC, Secured Debt | |||||||
Schedule of Investments [Line Items] | |||||||
Principal | $ 711 | [3] | $ 711 | [7] | |||
Interest rate (as a percent) | 7% | [3] | 7% | [7] | 7% | [7] | |
Investment, Identifier [Axis]: Batjer TopCo, LLC, Secured Debt 1 | |||||||
Schedule of Investments [Line Items] | |||||||
Principal | $ 0 | [4] | $ 0 | [8] | |||
Interest rate (as a percent) | 10% | ||||||
Investment, Identifier [Axis]: Batjer TopCo, LLC, Secured Debt 2 | |||||||
Schedule of Investments [Line Items] | |||||||
Principal | $ 270 | 0 | [8] | ||||
Interest rate (as a percent) | 10% | ||||||
Investment, Identifier [Axis]: Batjer TopCo, LLC, Secured Debt 3 | |||||||
Schedule of Investments [Line Items] | |||||||
Principal | $ 10,575 | $ 11,025 | |||||
Interest rate (as a percent) | 10% | 11% | 11% | ||||
Investment, Identifier [Axis]: Berry Aviation, Inc., Preferred Member Units 2 | |||||||
Schedule of Investments [Line Items] | |||||||
Interest rate (as a percent) | [7],[17],[18] | 8% | 8% | ||||
Investment, Identifier [Axis]: Berry Aviation, Inc., Secured Debt | |||||||
Schedule of Investments [Line Items] | |||||||
Principal | [7] | $ 195 | |||||
Interest rate (as a percent) | [7] | 12% | 12% | ||||
Investment, Identifier [Axis]: Bettercloud, Inc., Secured Debt 1 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | 7.25% | [3],[4],[5] | 1% | [6],[7],[8],[9] | 1% | [6],[7],[8],[9] | |
Principal | $ 0 | [3],[4],[5] | $ 0 | [6],[7],[8],[9] | |||
Investment, Identifier [Axis]: Bettercloud, Inc., Secured Debt 2 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | 7.25% | [3],[5] | 1% | [6],[7],[9] | 1% | [6],[7],[9] | |
Principal | $ 29,403 | [3],[5] | $ 27,505 | [6],[7],[9] | |||
Interest rate (as a percent) | 12.64% | [3],[5] | 11.40% | [6],[7],[9] | 11.40% | [6],[7],[9] | |
Investment, Identifier [Axis]: Bluestem Brands, Inc., Secured Debt 1 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | 7.50% | [2],[5] | 8.50% | [1],[8],[9] | 8.50% | [1],[8],[9] | |
Principal | $ 1,885 | [2],[5] | $ 0 | [1],[8],[9] | |||
Interest rate (as a percent) | [2],[5] | 16% | |||||
Investment, Identifier [Axis]: Bluestem Brands, Inc., Secured Debt 2 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | 8.50% | [2],[5] | 8.50% | [1],[9] | 8.50% | [1],[9] | |
Principal | $ 3,676 | [2],[5] | $ 3,239 | [1],[9] | |||
Interest rate (as a percent) | 13.96% | [2],[5] | 12.94% | [1],[9] | 12.94% | [1],[9] | |
Investment, Identifier [Axis]: Boccella Precast Products LLC, Secured Debt | |||||||
Schedule of Investments [Line Items] | |||||||
Principal | $ 320 | $ 320 | |||||
Interest rate (as a percent) | 10% | 10% | 10% | ||||
Investment, Identifier [Axis]: Bolder Panther Group, LLC, Class B Preferred Member Units | |||||||
Schedule of Investments [Line Items] | |||||||
Interest rate (as a percent) | 8% | [19] | 8% | [18] | 8% | [18] | |
Investment, Identifier [Axis]: Bolder Panther Group, LLC, Secured Debt | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | 9.11% | [5],[20] | 9.26% | [6],[9],[21] | 9.26% | [6],[9],[21] | |
Principal | $ 96,556 | [5],[20] | $ 99,194 | [6],[9],[21] | |||
Interest rate (as a percent) | 14.48% | [5],[20] | 13.39% | [6],[9],[21] | 13.39% | [6],[9],[21] | |
Investment, Identifier [Axis]: Bolder Panther Group, LLC, Secured Debt 2 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | 9.26% | 9.26% | |||||
Interest rate (as a percent) | 13.39% | 13.39% | |||||
Investment, Identifier [Axis]: Bond Brand Loyalty ULC, Secured Debt 1 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | [3],[4],[5],[22],[23] | 7% | |||||
Principal | [3],[4],[5],[22],[23] | $ 0 | |||||
Investment, Identifier [Axis]: Bond Brand Loyalty ULC, Secured Debt 2 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | [3],[5],[22],[23] | 6% | |||||
Principal | [3],[5],[22],[23] | $ 6,405 | |||||
Interest rate (as a percent) | [3],[5],[22],[23] | 11.54% | |||||
Investment, Identifier [Axis]: Bond Brand Loyalty ULC, Secured Debt 3 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | [3],[5],[22],[23] | 8% | |||||
Principal | [3],[5],[22],[23] | $ 6,405 | |||||
Interest rate (as a percent) | [3],[5],[22],[23] | 13.54% | |||||
Investment, Identifier [Axis]: Brainworks Software, LLC, Secured Debt 1 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | 7.25% | [3],[5],[10],[14] | 9.25% | [7],[9],[11],[16] | 9.25% | [7],[9],[11],[16] | |
Principal | $ 761 | [3],[5],[10],[14] | $ 761 | [7],[9],[11],[16] | |||
Interest rate (as a percent) | 15.75% | [3],[5],[10],[14] | 12.50% | [7],[9],[11],[16] | 12.50% | [7],[9],[11],[16] | |
Investment, Identifier [Axis]: Brainworks Software, LLC, Secured Debt 2 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | 7.25% | [3],[5],[10],[14] | 9.25% | [7],[9],[11],[16] | 9.25% | [7],[9],[11],[16] | |
Principal | $ 7,056 | [3],[5],[10],[14] | $ 7,056 | [7],[9],[11],[16] | |||
Interest rate (as a percent) | 15.75% | [3],[5],[10],[14] | 12.50% | [7],[9],[11],[16] | 12.50% | [7],[9],[11],[16] | |
Investment, Identifier [Axis]: Brewer Crane Holdings, LLC, Secured Debt | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | 10% | [5] | 10% | [9] | 10% | [9] | |
Principal | $ 5,498 | [5] | $ 5,964 | [9] | |||
Interest rate (as a percent) | 15.46% | [5] | 14.12% | [9] | 14.12% | [9] | |
Investment, Identifier [Axis]: Bridge Capital Solutions Corporation, Secured Debt 1 | |||||||
Schedule of Investments [Line Items] | |||||||
Principal | $ 8,813 | $ 8,813 | |||||
Interest rate (as a percent) | 13% | 13% | 13% | ||||
Investment, Identifier [Axis]: Bridge Capital Solutions Corporation, Secured Debt 2 | |||||||
Schedule of Investments [Line Items] | |||||||
Principal | $ 1,000 | $ 1,000 | [17] | ||||
Interest rate (as a percent) | 13% | 13% | [17] | 13% | [17] | ||
Investment, Identifier [Axis]: Buca C, LLC, Preferred Member Units | |||||||
Schedule of Investments [Line Items] | |||||||
Interest rate (as a percent) | 6% | 6% | 6% | ||||
Investment, Identifier [Axis]: Buca C, LLC, Secured Debt | |||||||
Schedule of Investments [Line Items] | |||||||
Principal | $ 16,980 | [14] | $ 17,355 | ||||
Interest rate (as a percent) | 12% | [14] | 9% | 9% | |||
Investment, Identifier [Axis]: Burning Glass Intermediate Holding Company, Inc., Secured Debt 1 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | 5% | [3],[5] | 5% | [7],[8],[9] | 5% | [7],[8],[9] | |
Principal | $ 465 | [3],[5] | $ 0 | [7],[8],[9] | |||
Interest rate (as a percent) | [3],[5] | 10.46% | |||||
Investment, Identifier [Axis]: Burning Glass Intermediate Holding Company, Inc., Secured Debt 2 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | 5% | [3],[5] | 5% | [7],[9] | 5% | [7],[9] | |
Principal | $ 19,681 | [3],[5] | $ 19,933 | [7],[9] | |||
Interest rate (as a percent) | 10.46% | [3],[5] | 8.91% | [7],[9] | 8.91% | [7],[9] | |
Investment, Identifier [Axis]: CQ Fluency, LLC, Secured Debt 1 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | [3],[4],[5] | 7% | |||||
Principal | [3],[4],[5] | $ 0 | |||||
Investment, Identifier [Axis]: CQ Fluency, LLC, Secured Debt 2 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | [3],[4],[5] | 7% | |||||
Principal | [3],[4],[5] | $ 0 | |||||
Investment, Identifier [Axis]: CQ Fluency, LLC, Secured Debt 3 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | [3],[5] | 7% | |||||
Principal | [3],[5] | $ 11,250 | |||||
Interest rate (as a percent) | [3],[5] | 12.45% | |||||
Investment, Identifier [Axis]: Cadence Aerospace LLC, Secured Debt | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | [7],[9],[24] | 8.50% | 8.50% | ||||
Principal | [7],[9],[24] | $ 28,328 | |||||
Interest rate (as a percent) | [7],[9],[24] | 11.99% | 11.99% | ||||
Investment, Identifier [Axis]: California Splendor Holdings LLC, Preferred Member Units 1 | |||||||
Schedule of Investments [Line Items] | |||||||
Interest rate (as a percent) | 15% | [19] | 15% | [18] | 15% | [18] | |
Investment, Identifier [Axis]: California Splendor Holdings LLC, Preferred Member Units 2.1 | |||||||
Schedule of Investments [Line Items] | |||||||
Interest rate (as a percent) | 15% | 15% | 15% | ||||
Investment, Identifier [Axis]: California Splendor Holdings LLC, Secured Debt | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | 10% | [5],[19] | 10% | [9] | 10% | [9] | |
Principal | $ 28,000 | [5],[19] | $ 28,000 | [9] | |||
Interest rate (as a percent) | 15.69% | [5],[19] | 13.75% | [9] | 13.75% | [9] | |
Investment, Identifier [Axis]: Camin Cargo Control, Inc., Secured Debt | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | [1],[9] | 6.50% | 6.50% | ||||
Principal | [1],[9] | $ 15,218 | |||||
Interest rate (as a percent) | [1],[9] | 10.88% | 10.88% | ||||
Investment, Identifier [Axis]: Career Team Holdings, LLC, Secured Debt 1 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | 6% | [5] | 6% | [8],[9] | 6% | [8],[9] | |
Principal | $ 900 | [5] | $ 0 | [8],[9] | |||
Interest rate (as a percent) | [5] | 11.38% | |||||
Investment, Identifier [Axis]: Career Team Holdings, LLC, Secured Debt 2 | |||||||
Schedule of Investments [Line Items] | |||||||
Principal | $ 20,025 | $ 20,250 | |||||
Interest rate (as a percent) | 13% | 12.50% | 12.50% | ||||
Investment, Identifier [Axis]: CaseWorthy, Inc., Secured Debt 1 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | 6% | [3],[4],[5] | 6% | [7],[8],[9] | 6% | [7],[8],[9] | |
Principal | $ 0 | [3],[4],[5] | $ 0 | [7],[8],[9] | |||
Investment, Identifier [Axis]: CaseWorthy, Inc., Secured Debt 2 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | 6% | [3],[5] | 6% | [7],[9] | 6% | [7],[9] | |
Principal | $ 7,933 | [3],[5] | $ 7,993 | [7],[9] | |||
Interest rate (as a percent) | 11.61% | [3],[5] | 10.73% | [7],[9] | 10.73% | [7],[9] | |
Investment, Identifier [Axis]: CaseWorthy, Inc., Secured Debt 3 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | 6% | [3],[5] | 5.75% | [7],[9] | 5.75% | [7],[9] | |
Principal | $ 6,102 | [3],[5] | $ 6,133 | [7],[9] | |||
Interest rate (as a percent) | 11.61% | [3],[5] | 10.48% | [7],[9] | 10.48% | [7],[9] | |
Investment, Identifier [Axis]: Centre Technologies Holdings, LLC, Secured Debt 1 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | 9% | [4],[5] | 9% | [8],[9] | 9% | [8],[9] | |
Principal | $ 0 | [4],[5] | $ 0 | [8],[9] | |||
Investment, Identifier [Axis]: Centre Technologies Holdings, LLC, Secured Debt 2 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | 9% | [5] | 9% | [9] | 9% | [9] | |
Principal | $ 17,574 | [5] | $ 15,030 | [9] | |||
Interest rate (as a percent) | 14.48% | [5] | 13.13% | [9] | 13.13% | [9] | |
Investment, Identifier [Axis]: Chamberlin Holding LLC, Secured Debt 1 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | 6% | [4],[5] | 6% | [8],[9] | 6% | [8],[9] | |
Principal | $ 0 | [4],[5] | $ 0 | [8],[9] | |||
Investment, Identifier [Axis]: Chamberlin Holding LLC, Secured Debt 2 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | 8% | [5] | 8% | [9] | 8% | [9] | |
Principal | $ 15,620 | [5] | $ 16,945 | [9] | |||
Interest rate (as a percent) | 13.49% | [5] | 12.13% | [9] | 12.13% | [9] | |
Investment, Identifier [Axis]: Channel Partners Intermediateco, LLC, Secured Debt 1 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | 7% | [3],[5],[25] | 6.25% | [6],[7],[9],[26] | 6.25% | [6],[7],[9],[26] | |
Principal | $ 2,071 | [3],[5],[25] | $ 1,868 | [6],[7],[9],[26] | |||
Interest rate (as a percent) | 12.60% | [3],[5],[25] | 10.72% | [6],[7],[9],[26] | 10.72% | [6],[7],[9],[26] | |
Investment, Identifier [Axis]: Channel Partners Intermediateco, LLC, Secured Debt 2 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | 7% | [3],[5] | 6.25% | [6],[7],[9],[27] | 6.25% | [6],[7],[9],[27] | |
Principal | $ 36,540 | [3],[5] | $ 39,047 | [6],[7],[9],[27] | |||
Interest rate (as a percent) | 12.66% | [3],[5] | 10.71% | [6],[7],[9],[27] | 10.71% | [6],[7],[9],[27] | |
Investment, Identifier [Axis]: Channel Partners Intermediateco, LLC, Secured Debt 3 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | [3],[5] | 7% | |||||
Principal | [3],[5] | $ 2,024 | |||||
Interest rate (as a percent) | [3],[5] | 12.66% | |||||
Investment, Identifier [Axis]: Channel Partners Intermediateco, LLC, Secured Debt 4 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | [3],[5] | 7% | |||||
Principal | [3],[5] | $ 4,893 | |||||
Interest rate (as a percent) | [3],[5] | 12.66% | |||||
Investment, Identifier [Axis]: Charps, LLC, Unsecured Debt | |||||||
Schedule of Investments [Line Items] | |||||||
Principal | $ 5,694 | $ 5,694 | |||||
Interest rate (as a percent) | 10% | 10% | 10% | ||||
Investment, Identifier [Axis]: Clad-Rex Steel, LLC, Secured Debt 1 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | [6],[8],[9] | 9% | 9% | ||||
Principal | $ 0 | [4] | $ 0 | [6],[8],[9] | |||
Interest rate (as a percent) | 11.50% | ||||||
Investment, Identifier [Axis]: Clad-Rex Steel, LLC, Secured Debt 2 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | [6],[9] | 9% | 9% | ||||
Principal | $ 8,560 | $ 10,480 | [6],[9] | ||||
Interest rate (as a percent) | 11.50% | 13.23% | [6],[9] | 13.23% | [6],[9] | ||
Investment, Identifier [Axis]: Clad-Rex Steel, LLC, Secured Debt 2.1 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | 9% | 9% | |||||
Interest rate (as a percent) | 13.23% | 13.23% | |||||
Investment, Identifier [Axis]: Clad-Rex Steel, LLC, Secured Debt 3 | |||||||
Schedule of Investments [Line Items] | |||||||
Principal | $ 1,013 | $ 1,049 | |||||
Interest rate (as a percent) | 10% | 10% | 10% | ||||
Investment, Identifier [Axis]: Clarius BIGS, LLC, Secured Debt | |||||||
Schedule of Investments [Line Items] | |||||||
Principal | $ 2,677 | [3],[10],[14] | $ 2,712 | [7],[11],[16] | |||
Interest rate (as a percent) | [7],[11],[16] | 15% | 15% | ||||
Investment, Identifier [Axis]: Classic H&G Holdings, LLC, Secured Debt 1 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | 6% | [5] | 6% | [9] | 6% | [9] | |
Principal | $ 4,560 | [5] | $ 4,560 | [9] | |||
Interest rate (as a percent) | 11.69% | [5] | 9.75% | [9] | 9.75% | [9] | |
Investment, Identifier [Axis]: Classic H&G Holdings, LLC, Secured Debt 2 | |||||||
Schedule of Investments [Line Items] | |||||||
Principal | $ 19,274 | $ 19,274 | |||||
Interest rate (as a percent) | 8% | 8% | 8% | ||||
Investment, Identifier [Axis]: Cody Pools, Inc., Secured Debt 1 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | [9] | 10.50% | 10.50% | ||||
Principal | $ 0 | [4] | $ 1,462 | [9] | |||
Interest rate (as a percent) | [9] | 15.38% | 15.38% | ||||
Investment, Identifier [Axis]: Cody Pools, Inc., Secured Debt 1.1 | |||||||
Schedule of Investments [Line Items] | |||||||
Interest rate (as a percent) | 12.50% | ||||||
Investment, Identifier [Axis]: Cody Pools, Inc., Secured Debt 1.2 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | 10.50% | 10.50% | |||||
Interest rate (as a percent) | 15.38% | 15.38% | |||||
Investment, Identifier [Axis]: Cody Pools, Inc., Secured Debt 2 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | [9] | 10.50% | 10.50% | ||||
Principal | $ 42,073 | $ 40,801 | [9] | ||||
Interest rate (as a percent) | 12.50% | 15.38% | [9] | 15.38% | [9] | ||
Investment, Identifier [Axis]: Cody Pools, Inc., Secured Debt 2.1 | |||||||
Schedule of Investments [Line Items] | |||||||
Interest rate (as a percent) | 12.50% | ||||||
Investment, Identifier [Axis]: Cody Pools, Inc., Secured Debt 2.2 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | 10.50% | 10.50% | |||||
Interest rate (as a percent) | 15.38% | 15.38% | |||||
Investment, Identifier [Axis]: Cody Pools, Inc., Secured Debt 3 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | 10.50% | ||||||
Investment, Identifier [Axis]: Cody Pools, Inc., Secured Debt 4 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | 10.50% | ||||||
Investment, Identifier [Axis]: Colonial Electric Company LLC, Secured Debt 1 | |||||||
Schedule of Investments [Line Items] | |||||||
Principal | $ 0 | [4] | $ 0 | [8] | |||
Investment, Identifier [Axis]: Colonial Electric Company LLC, Secured Debt 2 | |||||||
Schedule of Investments [Line Items] | |||||||
Principal | $ 22,050 | $ 23,310 | |||||
Interest rate (as a percent) | 12% | 12% | 12% | ||||
Investment, Identifier [Axis]: CompareNetworks Topco, LLC, Secured Debt 1 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | 9% | [4],[5],[14] | 9% | [8],[9],[16] | 9% | [8],[9],[16] | |
Principal | $ 0 | [4],[5],[14] | $ 0 | [8],[9],[16] | |||
Investment, Identifier [Axis]: CompareNetworks Topco, LLC, Secured Debt 2 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | 9% | [5] | 9% | [9] | 9% | [9] | |
Principal | $ 3,454 | [5] | $ 5,241 | [9] | |||
Interest rate (as a percent) | 14.48% | [5] | 13.13% | [9] | 13.13% | [9] | |
Investment, Identifier [Axis]: Compass Systems & Sales, LLC, Secured Debt 1 | |||||||
Schedule of Investments [Line Items] | |||||||
Principal | [4] | $ 0 | |||||
Interest rate (as a percent) | 13.50% | ||||||
Investment, Identifier [Axis]: Compass Systems & Sales, LLC, Secured Debt 2 | |||||||
Schedule of Investments [Line Items] | |||||||
Principal | $ 17,200 | ||||||
Interest rate (as a percent) | 13.50% | ||||||
Investment, Identifier [Axis]: Computer Data Source, LLC, Secured Debt 1 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | 8% | [3],[5],[28] | 8% | [7],[9],[29] | 8% | [7],[9],[29] | |
Principal | $ 5,000 | [3],[5],[28] | $ 5,000 | [7],[9],[29] | |||
Interest rate (as a percent) | 13.52% | [3],[5],[28] | 12.56% | [7],[9],[29] | 12.56% | [7],[9],[29] | |
Investment, Identifier [Axis]: Computer Data Source, LLC, Secured Debt 2 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | 8% | [3],[5] | 8% | [7],[9] | 8% | [7],[9] | |
Principal | $ 18,313 | [3],[5] | $ 18,588 | [7],[9] | |||
Interest rate (as a percent) | 13.52% | [3],[5] | 12.56% | [7],[9] | 12.56% | [7],[9] | |
Investment, Identifier [Axis]: Cybermedia Technologies, LLC, Secured Debt | |||||||
Schedule of Investments [Line Items] | |||||||
Interest rate (as a percent) | 10% | ||||||
Investment, Identifier [Axis]: Cybermedia Technologies, LLC, Secured Debt 1 | |||||||
Schedule of Investments [Line Items] | |||||||
Principal | [4] | $ 0 | |||||
Investment, Identifier [Axis]: Cybermedia Technologies, LLC, Secured Debt 1.1 | |||||||
Schedule of Investments [Line Items] | |||||||
Interest rate (as a percent) | 13% | ||||||
Investment, Identifier [Axis]: Cybermedia Technologies, LLC, Secured Debt 2 | |||||||
Schedule of Investments [Line Items] | |||||||
Principal | $ 28,638 | ||||||
Interest rate (as a percent) | 13% | ||||||
Investment, Identifier [Axis]: DMA Industries, LLC, Secured Debt | |||||||
Schedule of Investments [Line Items] | |||||||
Principal | $ 18,800 | $ 21,200 | |||||
Interest rate (as a percent) | 12% | 12% | 12% | ||||
Investment, Identifier [Axis]: DTE Enterprises, LLC, Class A Preferred Member Units | |||||||
Schedule of Investments [Line Items] | |||||||
Interest rate (as a percent) | 8% | [3] | 8% | [7] | 8% | [7] | |
Investment, Identifier [Axis]: DTE Enterprises, LLC, Class AA Preferred Member Units (non-voting) | |||||||
Schedule of Investments [Line Items] | |||||||
Interest rate (as a percent) | 10% | [3],[19] | 10% | [7],[18] | 10% | [7],[18] | |
Investment, Identifier [Axis]: DTE Enterprises, LLC, Secured Debt 1 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | [7],[8],[9] | 7.50% | 7.50% | ||||
Principal | [7],[8],[9] | $ 0 | |||||
Investment, Identifier [Axis]: DTE Enterprises, LLC, Secured Debt 2 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | [7],[9] | 7.50% | 7.50% | ||||
Principal | [7],[9] | $ 6,074 | |||||
Interest rate (as a percent) | [7],[9] | 12.24% | 12.24% | ||||
Investment, Identifier [Axis]: Dalton US Inc., Secured Debt 1 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | [6],[7],[9] | 8% | 8% | ||||
Principal | [6],[7],[9] | $ 1,092 | |||||
Interest rate (as a percent) | [6],[7],[9] | 11.90% | 11.90% | ||||
Investment, Identifier [Axis]: Dalton US Inc., Secured Debt 2 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | [6],[7],[8],[9] | 8% | 8% | ||||
Principal | [6],[7],[8],[9] | $ 0 | |||||
Investment, Identifier [Axis]: Dalton US Inc., Secured Debt 3 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | [6],[7],[9] | 8% | 8% | ||||
Principal | [6],[7],[9] | $ 14,389 | |||||
Interest rate (as a percent) | [6],[7],[9] | 12.56% | 12.56% | ||||
Investment, Identifier [Axis]: Datacom, LLC, Secured Debt 1 | |||||||
Schedule of Investments [Line Items] | |||||||
Principal | $ 450 | $ 223 | |||||
Interest rate (as a percent) | 7.50% | 7.50% | 7.50% | ||||
Investment, Identifier [Axis]: Datacom, LLC, Secured Debt 2 | |||||||
Schedule of Investments [Line Items] | |||||||
Principal | $ 8,352 | $ 8,622 | |||||
Interest rate (as a percent) | 10% | 7.50% | 7.50% | ||||
Investment, Identifier [Axis]: Digital Products Holdings LLC, Secured Debt | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | 10% | [5] | 10% | [9] | 10% | [9] | |
Principal | $ 14,873 | [5] | $ 15,533 | [9] | |||
Interest rate (as a percent) | 15.38% | [5] | 14.13% | [9] | 14.13% | [9] | |
Investment, Identifier [Axis]: Direct Marketing Solutions, Inc., Secured Debt 1 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | [8],[9] | 11% | 11% | ||||
Principal | $ 1,233 | $ 0 | [8],[9] | ||||
Interest rate (as a percent) | 14% | ||||||
Investment, Identifier [Axis]: Direct Marketing Solutions, Inc., Secured Debt 2 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | [9] | 11% | 11% | ||||
Principal | $ 25,543 | $ 27,267 | [9] | ||||
Interest rate (as a percent) | 14% | 15.13% | [9] | 15.13% | [9] | ||
Investment, Identifier [Axis]: Direct Marketing Solutions, Inc., Secured Debt 3 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | 11% | 11% | |||||
Investment, Identifier [Axis]: Dynamic Communities, LLC, Secured Debt 1 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | 5% | [3],[5] | 4.50% | [6],[7],[9] | 4.50% | [6],[7],[9] | |
Principal | $ 2,071 | [3],[5] | $ 1,875 | [6],[7],[9] | |||
Interest rate (as a percent) | 10.45% | [3],[5] | 9.18% | [6],[7],[9] | 9.18% | [6],[7],[9] | |
Investment, Identifier [Axis]: Dynamic Communities, LLC, Secured Debt 2 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | 7% | [3],[5] | 6.50% | [6],[7],[9] | 6.50% | [6],[7],[9] | |
Principal | $ 2,113 | [3],[5] | $ 1,875 | [6],[7],[9] | |||
Interest rate (as a percent) | 12.45% | [3],[5] | 11.18% | [6],[7],[9] | 11.18% | [6],[7],[9] | |
Investment, Identifier [Axis]: EPIC Y-Grade Services, LP, Secured Debt | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | [1],[9] | 6% | 6% | ||||
Principal | [1],[9] | $ 6,823 | |||||
Interest rate (as a percent) | [1],[9] | 10.70% | 10.70% | ||||
Investment, Identifier [Axis]: Eastern Wholesale Fence LLC, Secured Debt 1 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | 8% | [3],[5] | 7% | [7],[9] | 7% | [7],[9] | |
Principal | $ 967 | [3],[5] | $ 3,346 | [7],[9] | |||
Interest rate (as a percent) | 13.50% | [3],[5] | 11.73% | [7],[9] | 11.73% | [7],[9] | |
Investment, Identifier [Axis]: Eastern Wholesale Fence LLC, Secured Debt 2 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | 8% | [3],[5] | 7% | [7],[9] | 7% | [7],[9] | |
Principal | $ 4,792 | [3],[5] | $ 5,021 | [7],[9] | |||
Interest rate (as a percent) | 13.50% | [3],[5] | 11.73% | [7],[9] | 11.73% | [7],[9] | |
Investment, Identifier [Axis]: Eastern Wholesale Fence LLC, Secured Debt 3 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | 8% | [3],[5] | 7% | [7],[9] | 7% | [7],[9] | |
Principal | $ 9,557 | [3],[5] | $ 23,456 | [7],[9] | |||
Interest rate (as a percent) | 13.50% | [3],[5] | 11.73% | [7],[9] | 11.73% | [7],[9] | |
Investment, Identifier [Axis]: Eastern Wholesale Fence LLC, Secured Debt 4 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | [3],[5] | 8% | |||||
Principal | [3],[5] | $ 1,982 | |||||
Interest rate (as a percent) | [3],[5] | 13.50% | |||||
Investment, Identifier [Axis]: Eastern Wholesale Fence LLC, Secured Debt 5 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | [3],[5] | 8% | |||||
Principal | [3],[5] | $ 10,846 | |||||
Interest rate (as a percent) | [3],[5] | 13.50% | |||||
Investment, Identifier [Axis]: Elgin AcquireCo, LLC, Secured Debt 1 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | 6% | [4],[5] | 6% | [6],[8],[9] | 6% | [6],[8],[9] | |
Principal | $ 0 | [4],[5] | $ 0 | [6],[8],[9] | |||
Investment, Identifier [Axis]: Elgin AcquireCo, LLC, Secured Debt 2 | |||||||
Schedule of Investments [Line Items] | |||||||
Principal | $ 18,773 | $ 18,773 | |||||
Interest rate (as a percent) | 12% | 12% | 12% | ||||
Investment, Identifier [Axis]: Elgin AcquireCo, LLC, Secured Debt 3 | |||||||
Schedule of Investments [Line Items] | |||||||
Principal | $ 6,313 | $ 6,357 | |||||
Interest rate (as a percent) | 9% | 9% | 9% | ||||
Investment, Identifier [Axis]: Emerald Technologies Acquisition Co, Inc., Secured Debt | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | 6.25% | [2],[5] | 6.25% | [1],[6],[9] | 6.25% | [1],[6],[9] | |
Principal | $ 8,965 | [2],[5] | $ 9,258 | [1],[6],[9] | |||
Interest rate (as a percent) | 11.79% | [2],[5] | 10.67% | [1],[6],[9] | 10.67% | [1],[6],[9] | |
Investment, Identifier [Axis]: Engineering Research & Consulting, LLC, Secured Debt 1 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | 5.50% | [3],[4],[5] | 6.50% | [6],[7],[9] | 6.50% | [6],[7],[9] | |
Principal | $ 0 | [3],[4],[5] | $ 131 | [6],[7],[9] | |||
Interest rate (as a percent) | [6],[7],[9] | 11.68% | 11.68% | ||||
Investment, Identifier [Axis]: Engineering Research & Consulting, LLC, Secured Debt 2 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | 6.50% | [3],[5] | 6.50% | [6],[7],[9] | 6.50% | [6],[7],[9] | |
Principal | $ 16,134 | [3],[5] | $ 16,338 | [6],[7],[9] | |||
Interest rate (as a percent) | 11.98% | [3],[5] | 10.92% | [6],[7],[9] | 10.92% | [6],[7],[9] | |
Investment, Identifier [Axis]: Escalent, Inc., Secured Debt 1 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | [3],[4],[5] | 8% | |||||
Principal | [3],[4],[5] | $ 0 | |||||
Investment, Identifier [Axis]: Escalent, Inc., Secured Debt 2 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | [3],[5] | 8% | |||||
Principal | [3],[5] | $ 26,313 | |||||
Interest rate (as a percent) | [3],[5] | 13.45% | |||||
Investment, Identifier [Axis]: Event Holdco, LLC, Secured Debt 1 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | 7% | [3],[5] | 7% | [7],[9],[17] | 7% | [7],[9],[17] | |
Principal | $ 3,692 | [3],[5] | $ 3,692 | [7],[9],[17] | |||
Interest rate (as a percent) | 12.61% | [3],[5] | 10.67% | [7],[9],[17] | 10.67% | [7],[9],[17] | |
Investment, Identifier [Axis]: Event Holdco, LLC, Secured Debt 2 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | 7% | [3],[5] | 7% | [7],[9],[17] | 7% | [7],[9],[17] | |
Principal | $ 44,169 | [3],[5] | $ 44,308 | [7],[9],[17] | |||
Interest rate (as a percent) | 12.61% | [3],[5] | 10.67% | [7],[9],[17] | 10.67% | [7],[9],[17] | |
Investment, Identifier [Axis]: Flame King Holdings, LLC, Secured Debt 1 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | 6.50% | 6.50% | [9] | 6.50% | [9] | ||
Principal | [9] | $ 7,600 | |||||
Interest rate (as a percent) | [9] | 10.75% | 10.75% | ||||
Investment, Identifier [Axis]: Flame King Holdings, LLC, Secured Debt 2 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | 9% | 9% | [9] | 9% | [9] | ||
Principal | [9] | $ 21,200 | |||||
Interest rate (as a percent) | [9] | 13.25% | 13.25% | ||||
Investment, Identifier [Axis]: Flip Electronics LLC, Secured Debt 1 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | [6],[7],[9] | 7.50% | 7.50% | ||||
Principal | [6],[7],[9] | $ 736 | |||||
Interest rate (as a percent) | [6],[7],[9] | 11.21% | 11.21% | ||||
Investment, Identifier [Axis]: Flip Electronics LLC, Secured Debt 2 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | [6],[7],[9] | 7.50% | 7.50% | ||||
Principal | [6],[7],[9] | $ 11,095 | |||||
Interest rate (as a percent) | [6],[7],[9] | 12.19% | 12.19% | ||||
Investment, Identifier [Axis]: Fuse, LLC, Secured Debt | |||||||
Schedule of Investments [Line Items] | |||||||
Principal | $ 1,810 | [2] | $ 1,810 | [1] | |||
Interest rate (as a percent) | 12% | [2] | 12% | [1] | 12% | [1] | |
Investment, Identifier [Axis]: GFG Group, LLC, Secured Debt | |||||||
Schedule of Investments [Line Items] | |||||||
Principal | $ 9,345 | ||||||
Interest rate (as a percent) | 8% | ||||||
Investment, Identifier [Axis]: GFG Group, LLC., Secured Debt | |||||||
Schedule of Investments [Line Items] | |||||||
Principal | $ 11,345 | ||||||
Interest rate (as a percent) | 9% | 9% | |||||
Investment, Identifier [Axis]: GRT Rubber Technologies LLC, Secured Debt 1 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | 6% | 6% | 6% | ||||
Principal | $ 2,400 | $ 670 | |||||
Interest rate (as a percent) | 11.48% | 10.12% | 10.12% | ||||
Investment, Identifier [Axis]: GRT Rubber Technologies LLC, Secured Debt 2 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | 8% | 8% | 8% | ||||
Principal | $ 40,493 | $ 40,493 | |||||
Interest rate (as a percent) | 13.48% | 12.12% | 12.12% | ||||
Investment, Identifier [Axis]: GS HVAM Intermediate, LLC, Secured Debt 1 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | 6.50% | [3],[5],[30] | 6.50% | [7],[9] | 6.50% | [7],[9] | |
Principal | $ 1,545 | [3],[5],[30] | $ 2,177 | [7],[9] | |||
Interest rate (as a percent) | 11.96% | [3],[5],[30] | 11.20% | [7],[9] | 11.20% | [7],[9] | |
Investment, Identifier [Axis]: GS HVAM Intermediate, LLC, Secured Debt 2 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | 6.50% | [3],[4],[5] | 6.50% | [7],[9] | 6.50% | [7],[9] | |
Principal | $ 0 | [3],[4],[5] | $ 10,734 | [7],[9] | |||
Interest rate (as a percent) | [7],[9] | 11.24% | 11.24% | ||||
Investment, Identifier [Axis]: GS HVAM Intermediate, LLC, Secured Debt 3 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | [3],[5] | 6.50% | |||||
Principal | [3],[5] | $ 10,624 | |||||
Interest rate (as a percent) | [3],[5] | 11.96% | |||||
Investment, Identifier [Axis]: GS HVAM Intermediate, LLC, Secured Debt 4 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | [3],[5] | 6.50% | |||||
Principal | [3],[5] | $ 952 | |||||
Interest rate (as a percent) | [3],[5] | 11.96% | |||||
Investment, Identifier [Axis]: GS HVAM Intermediate, LLC, Secured Debt 5 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | [3],[5] | 6.50% | |||||
Principal | [3],[5] | $ 227 | |||||
Interest rate (as a percent) | [3],[5] | 11.96% | |||||
Investment, Identifier [Axis]: GULF PACIFIC ACQUISITION, LLC, Secured Debt 1 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | 5.75% | [3],[5],[31] | 6% | [6],[7],[9] | 6% | [6],[7],[9] | |
Principal | $ 454 | [3],[5],[31] | $ 252 | [6],[7],[9] | |||
Interest rate (as a percent) | 11.28% | [3],[5],[31] | 10.42% | [6],[7],[9] | 10.42% | [6],[7],[9] | |
Investment, Identifier [Axis]: GULF PACIFIC ACQUISITION, LLC, Secured Debt 2 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | 5.75% | [3],[5] | 6% | [6],[7],[8],[9] | 6% | [6],[7],[8],[9] | |
Principal | $ 301 | [3],[5] | $ 0 | [6],[7],[8],[9] | |||
Interest rate (as a percent) | [3],[5] | 11.38% | |||||
Investment, Identifier [Axis]: GULF PACIFIC ACQUISITION, LLC, Secured Debt 3 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | 5.75% | [3],[5] | 6% | [6],[7],[9] | 6% | [6],[7],[9] | |
Principal | $ 3,615 | [3],[5] | $ 3,661 | [6],[7],[9] | |||
Interest rate (as a percent) | 11.25% | [3],[5] | 10.73% | [6],[7],[9] | 10.73% | [6],[7],[9] | |
Investment, Identifier [Axis]: Gamber-Johnson Holdings, LLC, Secured Debt 1 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | 7.50% | [4],[5],[12] | 8.50% | [6],[8],[9] | 8.50% | [6],[8],[9] | |
Principal | $ 0 | [4],[5],[12] | $ 0 | [6],[8],[9] | |||
Interest rate (as a percent) | 3% | ||||||
Investment, Identifier [Axis]: Gamber-Johnson Holdings, LLC, Secured Debt 2 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | 7.50% | [5],[12] | 8.50% | [6],[9] | 8.50% | [6],[9] | |
Principal | $ 54,078 | [5],[12] | $ 64,078 | [6],[9] | |||
Interest rate (as a percent) | 10.50% | [5],[12] | 11.50% | [6],[9] | 11.50% | [6],[9] | |
Interest rate (as a percent) | 3% | ||||||
Investment, Identifier [Axis]: Gamber-Johnson Holdings, LLC, Secured Debt 3 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | 7.50% | 7.50% | |||||
Investment, Identifier [Axis]: Garreco, LLC, Secured Debt | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | 8% | [5],[32] | 8% | [9],[33] | 8% | [9],[33] | |
Principal | $ 3,088 | [5],[32] | $ 3,826 | [9],[33] | |||
Interest rate (as a percent) | 9.50% | [5],[32] | 9.50% | [9],[33] | 9.50% | [9],[33] | |
Interest rate (as a percent) | 1.50% | 1.50% | 1.50% | ||||
Investment, Identifier [Axis]: Garyline, LLC, Secured Debt 1 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | [3],[4],[5] | 6.75% | |||||
Principal | [3],[4],[5] | $ 0 | |||||
Investment, Identifier [Axis]: Garyline, LLC, Secured Debt 2 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | [3],[5] | 6.75% | |||||
Principal | [3],[5] | $ 32,471 | |||||
Interest rate (as a percent) | [3],[5] | 12.22% | |||||
Investment, Identifier [Axis]: GeoStabilization International (GSI), Secured Debt | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | [1],[6] | 5.25% | 5.25% | ||||
Principal | [1],[6] | $ 20,497 | |||||
Interest rate (as a percent) | [1],[6] | 9.44% | 9.44% | ||||
Investment, Identifier [Axis]: Gulf Publishing Holdings, LLC, Secured Debt 1 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | 9.50% | [4],[5] | 9.50% | [8],[9] | 9.50% | [8],[9] | |
Principal | $ 0 | [4],[5] | $ 0 | [8],[9] | |||
Investment, Identifier [Axis]: Gulf Publishing Holdings, LLC, Secured Debt 2 | |||||||
Schedule of Investments [Line Items] | |||||||
Principal | $ 2,400 | $ 2,400 | |||||
Interest rate (as a percent) | 12.50% | 12.50% | 12.50% | ||||
Investment, Identifier [Axis]: Gulf Publishing Holdings, LLC, Secured Debt 2.1 | |||||||
Schedule of Investments [Line Items] | |||||||
Interest rate (as a percent) | 12.50% | ||||||
Investment, Identifier [Axis]: Gulf Publishing Holdings, LLC, Secured Debt 3 | |||||||
Schedule of Investments [Line Items] | |||||||
Interest rate (as a percent) | 12.50% | 12.50% | |||||
Investment, Identifier [Axis]: HDC/HW Intermediate Holdings, Secured Debt 1 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | 9.50% | [3],[5],[14] | 9.50% | [6],[7],[9] | 9.50% | [6],[7],[9] | |
Principal | $ 370 | [3],[5],[14] | $ 320 | [6],[7],[9] | |||
Interest rate (as a percent) | 14.34% | [3],[5],[14] | 14.34% | [6],[7],[9] | 14.34% | [6],[7],[9] | |
Investment, Identifier [Axis]: HDC/HW Intermediate Holdings, Secured Debt 2 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | 9.50% | [3],[5],[14] | 9.50% | [6],[7],[9] | 9.50% | [6],[7],[9] | |
Principal | $ 3,751 | [3],[5],[14] | $ 3,277 | [6],[7],[9] | |||
Interest rate (as a percent) | 14.34% | [3],[5],[14] | 14.34% | [6],[7],[9] | 14.34% | [6],[7],[9] | |
Investment, Identifier [Axis]: HEADLANDS OP-CO LLC, Secured Debt 1 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | 6.50% | [3],[4],[5] | 6.50% | [6],[7],[8],[9] | 6.50% | [6],[7],[8],[9] | |
Principal | $ 0 | [3],[4],[5] | $ 0 | [6],[7],[8],[9] | |||
Investment, Identifier [Axis]: HEADLANDS OP-CO LLC, Secured Debt 2 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | 6.50% | [3],[5] | 6.50% | [6],[7],[8],[9] | 6.50% | [6],[7],[8],[9] | |
Principal | $ 6,733 | [3],[5] | $ 0 | [6],[7],[8],[9] | |||
Interest rate (as a percent) | [3],[5] | 11.86% | |||||
Investment, Identifier [Axis]: HEADLANDS OP-CO LLC, Secured Debt 3 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | 6.50% | [3],[5] | 6.50% | [6],[7],[9] | 6.50% | [6],[7],[9] | |
Principal | $ 16,622 | [3],[5] | $ 16,791 | [6],[7],[9] | |||
Interest rate (as a percent) | 11.86% | [3],[5] | 10.62% | [6],[7],[9] | 10.62% | [6],[7],[9] | |
Investment, Identifier [Axis]: HOWLCO LLC, Secured Debt | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | 6% | [2],[5],[22],[23] | 6% | [1],[9],[34],[35] | 6% | [1],[9],[34],[35] | |
Principal | $ 25,162 | [2],[5],[22],[23] | $ 25,290 | [1],[9],[34],[35] | |||
Interest rate (as a percent) | 11.53% | [2],[5],[22],[23] | 10.69% | [1],[9],[34],[35] | 10.69% | [1],[9],[34],[35] | |
Investment, Identifier [Axis]: Hawk Ridge Systems, LLC, Secured Debt 1 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | 6% | [5] | 6% | [9] | 6% | [9] | |
Principal | $ 1,974 | [5] | $ 3,185 | [9] | |||
Interest rate (as a percent) | 11.65% | [5] | 10.13% | [9] | 10.13% | [9] | |
Investment, Identifier [Axis]: Hawk Ridge Systems, LLC, Secured Debt 2 | |||||||
Schedule of Investments [Line Items] | |||||||
Principal | $ 45,256 | $ 37,800 | |||||
Interest rate (as a percent) | 12.50% | 9% | 9% | ||||
Investment, Identifier [Axis]: Heartland Dental, LLC, Secured Debt | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | [7],[9] | 6.50% | 6.50% | ||||
Principal | [7],[9] | $ 14,663 | |||||
Interest rate (as a percent) | [7],[9] | 10.88% | 10.88% | ||||
Investment, Identifier [Axis]: Houston Plating and Coatings, LLC, Unsecured Convertible Debt | |||||||
Schedule of Investments [Line Items] | |||||||
Principal | $ 3,000 | $ 3,000 | |||||
Interest rate (as a percent) | 8% | 8% | 8% | ||||
Investment, Identifier [Axis]: Hybrid Promotions, LLC, Secured Debt | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | 8.25% | [3],[5] | 8.25% | [6],[7] | 8.25% | [6],[7] | |
Principal | $ 7,167 | [3],[5] | $ 7,088 | [6],[7] | |||
Interest rate (as a percent) | 15.91% | [3],[5] | 12.07% | [6],[7] | 12.07% | [6],[7] | |
Investment, Identifier [Axis]: IG Investor, LLC, Secured Debt 1 | |||||||
Schedule of Investments [Line Items] | |||||||
Principal | [4] | $ 0 | |||||
Investment, Identifier [Axis]: IG Investor, LLC, Secured Debt 2 | |||||||
Schedule of Investments [Line Items] | |||||||
Principal | $ 37,264 | ||||||
Interest rate (as a percent) | 13% | ||||||
Investment, Identifier [Axis]: IG Parent Corporation, Secured Debt 1 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | 5.75% | [2],[4],[5] | 5.75% | [1],[6],[9],[36] | 5.75% | [1],[6],[9],[36] | |
Principal | $ 0 | [2],[4],[5] | $ 698 | [1],[6],[9],[36] | |||
Interest rate (as a percent) | [1],[6],[9],[36] | 10.17% | 10.17% | ||||
Investment, Identifier [Axis]: IG Parent Corporation, Secured Debt 2 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | 5.50% | [2],[5] | 5.75% | [1],[6],[9] | 5.75% | [1],[6],[9] | |
Principal | $ 9,399 | [2],[5] | $ 14,499 | [1],[6],[9] | |||
Interest rate (as a percent) | 10.96% | [2],[5] | 10.17% | [1],[6],[9] | 10.17% | [1],[6],[9] | |
Investment, Identifier [Axis]: IG Parent Corporation, Secured Debt 3 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | [2],[5] | 5.50% | |||||
Principal | [2],[5] | $ 4,953 | |||||
Interest rate (as a percent) | [2],[5] | 10.96% | |||||
Investment, Identifier [Axis]: INW Manufacturing, LLC, Secured Debt | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | 5.75% | [2],[5] | 5.75% | [1],[9] | 5.75% | [1],[9] | |
Principal | $ 6,656 | [2],[5] | $ 7,125 | [1],[9] | |||
Interest rate (as a percent) | 11.36% | [2],[5] | 10.48% | [1],[9] | 10.48% | [1],[9] | |
Investment, Identifier [Axis]: ITA Holdings Group, LLC, Secured Debt 1 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | [5] | 9% | |||||
Principal | [5] | $ 826 | |||||
Interest rate (as a percent) | [5] | 16.59% | |||||
Investment, Identifier [Axis]: ITA Holdings Group, LLC, Secured Debt 2 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | [5] | 9% | |||||
Principal | [5] | $ 711 | |||||
Interest rate (as a percent) | [5] | 16.59% | |||||
Investment, Identifier [Axis]: ITA Holdings Group, LLC, Secured Debt 3 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | [5] | 8% | |||||
Principal | [5] | $ 4,362 | |||||
Interest rate (as a percent) | [5] | 15.59% | |||||
Investment, Identifier [Axis]: ITA Holdings Group, LLC, Secured Debt 4 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | [5] | 10% | |||||
Principal | [5] | $ 4,362 | |||||
Interest rate (as a percent) | [5] | 17.59% | |||||
Investment, Identifier [Axis]: Imaging Business Machines, L.L.C., Secured Debt 1 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | [3],[5],[37] | 7% | |||||
Principal | [3],[5],[37] | $ 1,581 | |||||
Interest rate (as a percent) | [3],[5],[37] | 12.41% | |||||
Investment, Identifier [Axis]: Imaging Business Machines, L.L.C., Secured Debt 2 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | [3],[5] | 7% | |||||
Principal | [3],[5] | $ 20,768 | |||||
Interest rate (as a percent) | [3],[5] | 12.45% | |||||
Investment, Identifier [Axis]: Implus Footcare, LLC, Secured Debt | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | 7.75% | [3],[5] | 7.75% | [7],[9] | 7.75% | [7],[9] | |
Principal | $ 18,645 | [3],[5] | $ 18,515 | [7],[9] | |||
Interest rate (as a percent) | 14.25% | [3],[5] | 13.98% | [7],[9] | 13.98% | [7],[9] | |
Investment, Identifier [Axis]: Independent Pet Partners Intermediate Holdings, LLC, Preferred Stock (non-voting) 1 | |||||||
Schedule of Investments [Line Items] | |||||||
Interest rate (as a percent) | [7] | 6% | 6% | ||||
Investment, Identifier [Axis]: Independent Pet Partners Intermediate Holdings, LLC, Secured Debt 1 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | [6],[7] | 10% | 10% | ||||
Principal | [6],[7] | $ 806 | |||||
Interest rate (as a percent) | [6],[7] | 14.42% | 14.42% | ||||
Investment, Identifier [Axis]: Independent Pet Partners Intermediate Holdings, LLC, Secured Debt 2 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | [7],[9],[38] | 5.50% | 5.50% | ||||
Principal | [7],[9],[38] | $ 7,027 | |||||
Interest rate (as a percent) | [7],[9],[38] | 13% | 13% | ||||
Investment, Identifier [Axis]: Independent Pet Partners Intermediate Holdings, LLC, Secured Debt 3 | |||||||
Schedule of Investments [Line Items] | |||||||
Principal | [7],[11] | $ 18,428 | |||||
Interest rate (as a percent) | [7],[11] | 6% | 6% | ||||
Investment, Identifier [Axis]: Independent Pet Partners Intermediate Holdings, LLC, Warrants | |||||||
Schedule of Investments [Line Items] | |||||||
Strike price (in dollars per share) | $ / shares | $ 1 | ||||||
Investment, Identifier [Axis]: Industrial Services Acquisition, LLC, Preferred Member Units 1 | |||||||
Schedule of Investments [Line Items] | |||||||
Interest rate (as a percent) | 10% | [3],[19],[39] | 10% | [7],[17],[18] | 10% | [7],[17],[18] | |
Investment, Identifier [Axis]: Industrial Services Acquisition, LLC, Preferred Member Units 2 | |||||||
Schedule of Investments [Line Items] | |||||||
Interest rate (as a percent) | 20% | [3],[19],[39] | 20% | [7],[17],[18] | 20% | [7],[17],[18] | |
Investment, Identifier [Axis]: Industrial Services Acquisition, LLC, Secured Debt 1 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | 6.75% | [3],[5],[40] | 6.75% | [7],[9] | 6.75% | [7],[9] | |
Principal | $ 1,390 | [3],[5],[40] | $ 463 | [7],[9] | |||
Interest rate (as a percent) | 12.22% | [3],[5],[40] | 11.50% | [7],[9] | 11.50% | [7],[9] | |
Investment, Identifier [Axis]: Industrial Services Acquisition, LLC, Secured Debt 2 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | 6.75% | [3],[5] | 6.75% | [7],[9] | 6.75% | [7],[9] | |
Principal | $ 19,044 | [3],[5] | $ 19,239 | [7],[9] | |||
Interest rate (as a percent) | 12.22% | [3],[5] | 11.50% | [7],[9] | 11.50% | [7],[9] | |
Investment, Identifier [Axis]: Infinity X1 Holdings, LLC, Secured Debt | |||||||
Schedule of Investments [Line Items] | |||||||
Principal | $ 17,550 | ||||||
Interest rate (as a percent) | 13% | ||||||
Investment, Identifier [Axis]: Infolinks Media Buyco, LLC, Secured Debt 1 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | 5.75% | [3],[5] | 5.50% | [7],[8],[9] | 5.50% | [7],[8],[9] | |
Principal | $ 1,504 | [3],[5] | $ 0 | [7],[8],[9] | |||
Interest rate (as a percent) | [3],[5] | 11.21% | |||||
Investment, Identifier [Axis]: Infolinks Media Buyco, LLC, Secured Debt 2 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | 5.75% | [3],[5] | 5.50% | [7],[9] | 5.50% | [7],[9] | |
Principal | $ 7,752 | [3],[5] | $ 8,593 | [7],[9] | |||
Interest rate (as a percent) | 11.21% | [3],[5] | 10.23% | [7],[9] | 10.23% | [7],[9] | |
Investment, Identifier [Axis]: Insight Borrower Corporation, Secured Debt 1 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | [3],[4],[5] | 6.25% | |||||
Principal | [3],[4],[5] | $ 0 | |||||
Investment, Identifier [Axis]: Insight Borrower Corporation, Secured Debt 2 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | [3],[4],[5] | 6.25% | |||||
Principal | [3],[4],[5] | $ 0 | |||||
Investment, Identifier [Axis]: Insight Borrower Corporation, Secured Debt 3 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | [3],[5] | 6.25% | |||||
Principal | [3],[5] | $ 14,406 | |||||
Interest rate (as a percent) | [3],[5] | 11.65% | |||||
Investment, Identifier [Axis]: Inspire Aesthetics Management, LLC, Secured Debt 1 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | [3],[5],[41] | 8% | |||||
Principal | [3],[5],[41] | $ 790 | |||||
Interest rate (as a percent) | [3],[5],[41] | 13.53% | |||||
Investment, Identifier [Axis]: Inspire Aesthetics Management, LLC, Secured Debt 2 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | [3],[5] | 8% | |||||
Principal | [3],[5] | $ 7,308 | |||||
Interest rate (as a percent) | [3],[5] | 13.55% | |||||
Investment, Identifier [Axis]: Inspire Aesthetics Management, LLC, Secured Debt 3 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | [3],[5] | 8% | |||||
Principal | [3],[5] | $ 2,940 | |||||
Interest rate (as a percent) | [3],[5] | 13.55% | |||||
Investment, Identifier [Axis]: Integral Energy Services, Preferred Equity | |||||||
Schedule of Investments [Line Items] | |||||||
Interest rate (as a percent) | [3] | 10% | |||||
Investment, Identifier [Axis]: Integral Energy Services, Secured Debt | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | [3],[5] | 7.50% | |||||
Principal | [3],[5] | $ 14,485 | |||||
Interest rate (as a percent) | [3],[5] | 13.16% | |||||
Investment, Identifier [Axis]: Interface Security Systems, L.L.C, Secured Debt 1 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | 10% | [3],[14],[42] | 10% | [7],[43] | 10% | [7],[43] | |
Principal | $ 1,835 | [3],[14],[42] | $ 1,682 | [7],[43] | |||
Interest rate (as a percent) | 15.48% | [3],[14],[42] | 14.22% | [7],[43] | 14.22% | [7],[43] | |
Investment, Identifier [Axis]: Interface Security Systems, L.L.C, Secured Debt 2 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | 7% | [3],[5],[10],[14] | 7% | [7],[9],[11] | 7% | [7],[9],[11] | |
Principal | $ 7,313 | [3],[5],[10],[14] | $ 7,313 | [7],[9],[11] | |||
Interest rate (as a percent) | 12.46% | [3],[5],[10],[14] | 12.07% | [7],[9],[11] | 12.07% | [7],[9],[11] | |
Investment, Identifier [Axis]: Intermedia Holdings, Inc., Secured Debt | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | 6% | [2],[5] | 6% | [1],[9] | 6% | [1],[9] | |
Principal | $ 20,201 | [2],[5] | $ 20,467 | [1],[9] | |||
Interest rate (as a percent) | 11.47% | [2],[5] | 10.38% | [1],[9] | 10.38% | [1],[9] | |
Investment, Identifier [Axis]: Invincible Boat Company, LLC., Secured Debt 1 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | 6.50% | [3],[5] | 6.50% | [7],[9] | 6.50% | [7],[9] | |
Principal | $ 519 | [3],[5] | $ 622 | [7],[9] | |||
Interest rate (as a percent) | 12% | [3],[5] | 10.14% | [7],[9] | 10.14% | [7],[9] | |
Investment, Identifier [Axis]: Invincible Boat Company, LLC., Secured Debt 2 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | 6.50% | [3],[5] | 6.50% | [7],[9] | 6.50% | [7],[9] | |
Principal | $ 16,812 | [3],[5] | $ 16,889 | [7],[9] | |||
Interest rate (as a percent) | 12% | [3],[5] | 10.17% | [7],[9] | 10.17% | [7],[9] | |
Investment, Identifier [Axis]: Iron-Main Investments, LLC, Secured Debt 1 | |||||||
Schedule of Investments [Line Items] | |||||||
Principal | $ 4,514 | $ 4,534 | |||||
Interest rate (as a percent) | 13.50% | 12.50% | 12.50% | ||||
Investment, Identifier [Axis]: Iron-Main Investments, LLC, Secured Debt 2 | |||||||
Schedule of Investments [Line Items] | |||||||
Principal | $ 2,940 | $ 3,154 | |||||
Interest rate (as a percent) | 13.50% | 12.50% | 12.50% | ||||
Investment, Identifier [Axis]: Iron-Main Investments, LLC, Secured Debt 3 | |||||||
Schedule of Investments [Line Items] | |||||||
Principal | $ 8,944 | $ 8,944 | |||||
Interest rate (as a percent) | 13.50% | 12.50% | 12.50% | ||||
Investment, Identifier [Axis]: Iron-Main Investments, LLC, Secured Debt 4 | |||||||
Schedule of Investments [Line Items] | |||||||
Principal | $ 19,624 | $ 19,712 | |||||
Interest rate (as a percent) | 13.50% | 12.50% | 12.50% | ||||
Investment, Identifier [Axis]: Iron-Main Investments, LLC, Secured Debt 5 | |||||||
Schedule of Investments [Line Items] | |||||||
Principal | $ 10,562 | ||||||
Interest rate (as a percent) | 13.50% | ||||||
Investment, Identifier [Axis]: Isagenix International, LLC, Secured Debt | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | 5.50% | [2],[5] | 7.75% | [1],[9],[11] | 7.75% | [1],[9],[11] | |
Principal | $ 2,615 | [2],[5] | $ 5,053 | [1],[9],[11] | |||
Interest rate (as a percent) | 11.04% | [2],[5] | 9.93% | [1],[9],[11] | 9.93% | [1],[9],[11] | |
Investment, Identifier [Axis]: JTI Electrical & Mechanical, LLC, Secured Debt 1 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | 6% | [3],[5],[44] | 6% | [7],[8],[9] | 6% | [7],[8],[9] | |
Principal | $ 3,137 | [3],[5],[44] | $ 0 | [7],[8],[9] | |||
Interest rate (as a percent) | [3],[5],[44] | 11.64% | |||||
Investment, Identifier [Axis]: JTI Electrical & Mechanical, LLC, Secured Debt 2 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | 6% | [3],[5] | 6% | [7],[9] | 6% | [7],[9] | |
Principal | $ 36,000 | [3],[5] | $ 36,947 | [7],[9] | |||
Interest rate (as a percent) | 11.61% | [3],[5] | 10.73% | [7],[9] | 10.73% | [7],[9] | |
Investment, Identifier [Axis]: Jackmont Hospitality, Inc., Preferred Equity | |||||||
Schedule of Investments [Line Items] | |||||||
Interest rate (as a percent) | [7],[18] | 12% | 12% | ||||
Investment, Identifier [Axis]: Jackmont Hospitality, Inc., Secured Debt 1 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | 7% | [3],[5],[45] | 7.50% | [7],[9] | 7.50% | [7],[9] | |
Principal | $ 835 | [3],[5],[45] | $ 500 | [7],[9] | |||
Interest rate (as a percent) | 12.46% | [3],[5],[45] | 12.23% | [7],[9] | 12.23% | [7],[9] | |
Investment, Identifier [Axis]: Jackmont Hospitality, Inc., Secured Debt 2 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | 7% | [3],[5] | 7.50% | [7],[9] | 7.50% | [7],[9] | |
Principal | $ 1,974 | [3],[5] | $ 2,079 | [7],[9] | |||
Interest rate (as a percent) | 12.46% | [3],[5] | 12.23% | [7],[9] | 12.23% | [7],[9] | |
Investment, Identifier [Axis]: Jensen Jewelers of Idaho, LLC, Secured Debt 2 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | 6.75% | ||||||
Interest rate (as a percent) | 15.25% | ||||||
Investment, Identifier [Axis]: Jensen Jewelers of Idaho, LLC, Secured Debt 1 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | 6.75% | [4],[14] | 6.75% | [8] | 6.75% | [8] | |
Principal | $ 0 | [4],[14] | $ 0 | [8] | |||
Investment, Identifier [Axis]: Jensen Jewelers of Idaho, LLC, Secured Debt 2 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | 6.75% | [5],[14] | 6.75% | [9] | 6.75% | [9] | |
Principal | $ 1,998 | [5],[14] | $ 2,450 | [9] | |||
Interest rate (as a percent) | 15.25% | [5],[14] | 13.75% | [9] | 13.75% | [9] | |
Investment, Identifier [Axis]: Joerns Healthcare, LLC, Secured Debt 1 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | [2],[5],[10] | 18% | |||||
Principal | $ 2,431 | [2],[5],[10] | $ 2,297 | [1] | |||
Interest rate (as a percent) | 23.63% | [2],[5],[10] | 18% | [1] | 18% | [1] | |
Investment, Identifier [Axis]: Joerns Healthcare, LLC, Secured Debt 2 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | [2],[5],[10] | 16% | |||||
Principal | $ 2,057 | [2],[5],[10] | $ 4,034 | [1],[11] | |||
Interest rate (as a percent) | 21.63% | [2],[5],[10] | 19.75% | [1],[11] | 19.75% | [1],[11] | |
Investment, Identifier [Axis]: Joerns Healthcare, LLC, Secured Debt 3 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | [2],[5],[10] | 16% | |||||
Principal | [2],[5],[10] | $ 1,978 | |||||
Interest rate (as a percent) | [2],[5],[10] | 21.63% | |||||
Investment, Identifier [Axis]: Johnson Downie Opco, LLC, Secured Debt 1 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | [8],[9] | 11.50% | 11.50% | ||||
Principal | $ 0 | [4] | $ 0 | [8],[9] | |||
Interest rate (as a percent) | 15% | ||||||
Investment, Identifier [Axis]: Johnson Downie Opco, LLC, Secured Debt 2 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | [9] | 11.50% | 11.50% | ||||
Principal | $ 24,207 | $ 9,999 | [9] | ||||
Interest rate (as a percent) | 15% | 15.63% | [9] | 15.63% | [9] | ||
Investment, Identifier [Axis]: JorVet Holdings, LLC, Secured Debt | |||||||
Schedule of Investments [Line Items] | |||||||
Principal | $ 25,650 | $ 25,650 | |||||
Interest rate (as a percent) | 12% | 12% | 12% | ||||
Investment, Identifier [Axis]: KBK Industries, LLC, Secured Debt | |||||||
Schedule of Investments [Line Items] | |||||||
Principal | $ 4,700 | ||||||
Interest rate (as a percent) | 9% | ||||||
Investment, Identifier [Axis]: KMS, LLC, Secured Debt 1 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | 9.25% | [3],[5] | 7.25% | [7],[9] | 7.25% | [7],[9] | |
Principal | $ 1,034 | [3],[5] | $ 1,064 | [7],[9] | |||
Interest rate (as a percent) | 14.75% | [3],[5] | 12% | [7],[9] | 12% | [7],[9] | |
Investment, Identifier [Axis]: KMS, LLC, Secured Debt 2 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | 9.25% | [3],[5] | 7.25% | [7],[9] | 7.25% | [7],[9] | |
Principal | $ 7,448 | [3],[5] | $ 7,505 | [7],[9] | |||
Interest rate (as a percent) | 14.75% | [3],[5] | 12% | [7],[9] | 12% | [7],[9] | |
Investment, Identifier [Axis]: Kickhaefer Manufacturing Company, LLC, Secured Debt 1 | |||||||
Schedule of Investments [Line Items] | |||||||
Principal | $ 19,799 | $ 20,415 | |||||
Interest rate (as a percent) | 12% | 11.50% | 11.50% | ||||
Investment, Identifier [Axis]: Kickhaefer Manufacturing Company, LLC, Secured Debt 2 | |||||||
Schedule of Investments [Line Items] | |||||||
Principal | $ 3,840 | $ 3,879 | |||||
Interest rate (as a percent) | 9% | 9% | 9% | ||||
Investment, Identifier [Axis]: Kore Wireless Group Inc., Secured Debt | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | [1],[6] | 5.50% | 5.50% | ||||
Principal | [1],[6] | $ 11,326 | |||||
Interest rate (as a percent) | [1],[6] | 10.08% | 10.08% | ||||
Investment, Identifier [Axis]: LL Management, Inc., Secured Debt 1 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | 7.25% | [3],[5] | 7.25% | [6],[7],[9] | 7.25% | [6],[7],[9] | |
Principal | $ 7,960 | [3],[5] | $ 8,106 | [6],[7],[9] | |||
Interest rate (as a percent) | 12.71% | [3],[5] | 11.21% | [6],[7],[9] | 11.21% | [6],[7],[9] | |
Investment, Identifier [Axis]: LL Management, Inc., Secured Debt 2 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | 7.25% | [3],[5] | 7.25% | [6],[7],[9] | 7.25% | [6],[7],[9] | |
Principal | $ 5,246 | [3],[5] | $ 9,197 | [6],[7],[9] | |||
Interest rate (as a percent) | 12.71% | [3],[5] | 11.67% | [6],[7],[9] | 11.67% | [6],[7],[9] | |
Investment, Identifier [Axis]: LL Management, Inc., Secured Debt 3 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | 7.25% | [3],[5] | 7.25% | [6],[7],[9] | 7.25% | [6],[7],[9] | |
Principal | $ 2,803 | [3],[5] | $ 10,827 | [6],[7],[9] | |||
Interest rate (as a percent) | 12.71% | [3],[5] | 11.67% | [6],[7],[9] | 11.67% | [6],[7],[9] | |
Investment, Identifier [Axis]: LL Management, Inc., Secured Debt 4 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | [3],[5] | 7.25% | |||||
Principal | [3],[5] | $ 1,056 | |||||
Interest rate (as a percent) | [3],[5] | 12.71% | |||||
Investment, Identifier [Axis]: LL Management, Inc., Secured Debt 5 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | [3],[5] | 7.25% | |||||
Principal | [3],[5] | $ 10,694 | |||||
Interest rate (as a percent) | [3],[5] | 12.71% | |||||
Investment, Identifier [Axis]: LLFlex, LLC, Secured Debt | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | 9% | [3],[5] | 9% | [7],[9] | 9% | [7],[9] | |
Principal | $ 4,428 | [3],[5] | $ 4,444 | [7],[9] | |||
Interest rate (as a percent) | 15.54% | [3],[5] | 12.74% | [7],[9] | 12.74% | [7],[9] | |
Investment, Identifier [Axis]: Lightbox Holdings, L.P., Secured Debt | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | 5% | [2] | 5% | [1] | 5% | [1] | |
Principal | $ 14,325 | [2] | $ 14,475 | [1] | |||
Interest rate (as a percent) | 10.62% | [2] | 9.73% | [1] | 9.73% | [1] | |
Investment, Identifier [Axis]: Logix Acquisition Company, LLC, Secured Debt | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | 4.75% | [3],[5] | 5.75% | [7],[9] | 5.75% | [7],[9] | |
Principal | $ 23,921 | [3],[5] | $ 19,662 | [7],[9] | |||
Interest rate (as a percent) | 13.25% | [3],[5] | 10.13% | [7],[9] | 10.13% | [7],[9] | |
Investment, Identifier [Axis]: MB2 Dental Solutions, LLC, Secured Debt 1 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | 6% | [2],[5] | 6% | [1],[6],[9] | 6% | [1],[6],[9] | |
Principal | $ 2,803 | [2],[5] | $ 8,338 | [1],[6],[9] | |||
Interest rate (as a percent) | 11.46% | [2],[5] | 10.42% | [1],[6],[9] | 10.42% | [1],[6],[9] | |
Investment, Identifier [Axis]: MB2 Dental Solutions, LLC, Secured Debt 2 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | 6% | [2],[5] | 6% | [1],[6],[9] | 6% | [1],[6],[9] | |
Principal | $ 3,925 | [2],[5] | $ 7,876 | [1],[6],[9] | |||
Interest rate (as a percent) | 11.46% | [2],[5] | 10.42% | [1],[6],[9] | 10.42% | [1],[6],[9] | |
Investment, Identifier [Axis]: MB2 Dental Solutions, LLC, Secured Debt 3 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | [2],[5] | 6% | |||||
Principal | [2],[5] | $ 3,464 | |||||
Interest rate (as a percent) | [2],[5] | 11.46% | |||||
Investment, Identifier [Axis]: MB2 Dental Solutions, LLC, Secured Debt 4 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | [2],[5] | 6% | |||||
Principal | [2],[5] | $ 7,796 | |||||
Interest rate (as a percent) | [2],[5] | 11.46% | |||||
Investment, Identifier [Axis]: MH Corbin Holding LLC, Secured Debt | |||||||
Schedule of Investments [Line Items] | |||||||
Principal | $ 5,400 | [14] | $ 6,156 | ||||
Interest rate (as a percent) | 13% | [14] | 13% | 13% | |||
Investment, Identifier [Axis]: MS Private Loan Fund I, LP, Secured Debt | |||||||
Schedule of Investments [Line Items] | |||||||
Principal | $ 0 | [4],[22],[46] | $ 0 | [8],[34],[47] | |||
Interest rate (as a percent) | 5% | ||||||
Investment, Identifier [Axis]: MS Private Loan Fund II, LP, Secured Debt | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | [5],[22],[46] | 3.50% | |||||
Principal | [5],[22],[46] | $ 23,500 | |||||
Interest rate (as a percent) | [5],[22],[46] | 8.88% | |||||
Investment, Identifier [Axis]: Mako Steel, LP, Secured Debt 1 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | 6.75% | [3],[4],[5] | 7.25% | [7],[9],[48] | 7.25% | [7],[9],[48] | |
Principal | $ 0 | [3],[4],[5] | $ 3,103 | [7],[9],[48] | |||
Interest rate (as a percent) | [7],[9],[48] | 11.79% | 11.79% | ||||
Investment, Identifier [Axis]: Mako Steel, LP, Secured Debt 2 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | 6.75% | [3],[5] | 7.25% | [7],[9] | 7.25% | [7],[9] | |
Principal | $ 15,049 | [3],[5] | $ 15,324 | [7],[9] | |||
Interest rate (as a percent) | 12.28% | [3],[5] | 11.09% | [7],[9] | 11.09% | [7],[9] | |
Investment, Identifier [Axis]: Market Force Information, LLC, Secured Debt 1 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | 11% | 11% | [9] | 11% | [9] | ||
Principal | [9] | $ 6,275 | |||||
Interest rate (as a percent) | [9] | 15.13% | 15.13% | ||||
Investment, Identifier [Axis]: Market Force Information, LLC, Secured Debt 2 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | 11% | ||||||
Principal | [11] | $ 26,079 | |||||
Interest rate (as a percent) | [11] | 12% | 12% | ||||
Investment, Identifier [Axis]: MetalForming AcquireCo, LLC, Preferred Equity | |||||||
Schedule of Investments [Line Items] | |||||||
Interest rate (as a percent) | [18] | 8% | 8% | ||||
Investment, Identifier [Axis]: MetalForming AcquireCo, LLC, Secured Debt 1 | |||||||
Schedule of Investments [Line Items] | |||||||
Principal | [8] | $ 0 | |||||
Investment, Identifier [Axis]: MetalForming AcquireCo, LLC, Secured Debt 2 | |||||||
Schedule of Investments [Line Items] | |||||||
Principal | $ 23,802 | ||||||
Interest rate (as a percent) | 12.75% | 12.75% | |||||
Investment, Identifier [Axis]: Metalforming Holdings, LLC, Preferred Equity | |||||||
Schedule of Investments [Line Items] | |||||||
Interest rate (as a percent) | [19] | 8% | |||||
Investment, Identifier [Axis]: Metalforming Holdings, LLC, Secured Debt 1 | |||||||
Schedule of Investments [Line Items] | |||||||
Principal | [4] | $ 0 | |||||
Interest rate (as a percent) | 12.75% | ||||||
Investment, Identifier [Axis]: Metalforming Holdings, LLC, Secured Debt 2 | |||||||
Schedule of Investments [Line Items] | |||||||
Principal | $ 23,802 | ||||||
Interest rate (as a percent) | 12.75% | ||||||
Investment, Identifier [Axis]: Microbe Formulas, LLC, Secured Debt 1 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | 6.25% | [3],[4],[5] | 6.25% | [6],[7],[8],[9] | 6.25% | [6],[7],[8],[9] | |
Principal | $ 0 | [3],[4],[5] | $ 0 | [6],[7],[8],[9] | |||
Investment, Identifier [Axis]: Microbe Formulas, LLC, Secured Debt 2 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | 6% | [3],[5] | 6.25% | [6],[7],[9] | 6.25% | [6],[7],[9] | |
Principal | $ 22,168 | [3],[5] | $ 26,075 | [6],[7],[9] | |||
Interest rate (as a percent) | 11.46% | [3],[5] | 9.86% | [6],[7],[9] | 9.86% | [6],[7],[9] | |
Investment, Identifier [Axis]: Mills Fleet Farm Group, LLC, Secured Debt | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | 7% | [3],[5] | 6.25% | [7],[9] | 6.25% | [7],[9] | |
Principal | $ 18,152 | [3],[5] | $ 18,769 | [7],[9] | |||
Interest rate (as a percent) | 12.52% | [3],[5] | 10.66% | [7],[9] | 10.66% | [7],[9] | |
Investment, Identifier [Axis]: Mini Melts of America, LLC, Secured Debt 1 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | [3],[4],[5] | 6.25% | |||||
Principal | [3],[4],[5] | $ 0 | |||||
Investment, Identifier [Axis]: Mini Melts of America, LLC, Secured Debt 2 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | [3],[4],[5] | 6.25% | |||||
Principal | [3],[4],[5] | $ 0 | |||||
Investment, Identifier [Axis]: Mini Melts of America, LLC, Secured Debt 3 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | [3],[5] | 5.25% | |||||
Principal | [3],[5] | $ 4,941 | |||||
Interest rate (as a percent) | [3],[5] | 10.64% | |||||
Investment, Identifier [Axis]: Mini Melts of America, LLC, Secured Debt 4 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | [3],[5] | 7.25% | |||||
Principal | [3],[5] | $ 4,941 | |||||
Interest rate (as a percent) | [3],[5] | 12.64% | |||||
Investment, Identifier [Axis]: MonitorUS Holding, LLC, Secured Debt 1 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | [7],[8],[9],[34],[35] | 7% | 7% | ||||
Principal | $ 3,889 | [3],[22],[23] | $ 0 | [7],[8],[9],[34],[35] | |||
Interest rate (as a percent) | [3],[22],[23] | 14% | |||||
Investment, Identifier [Axis]: MonitorUS Holding, LLC, Secured Debt 2 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | [7],[9],[34],[35] | 7% | 7% | ||||
Principal | $ 10,211 | [3],[22],[23] | $ 10,107 | [7],[9],[34],[35] | |||
Interest rate (as a percent) | 14% | [3],[22],[23] | 11.73% | [7],[9],[34],[35] | 11.73% | [7],[9],[34],[35] | |
Investment, Identifier [Axis]: MonitorUS Holding, LLC, Secured Debt 3 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | [7],[9],[34],[35] | 7% | 7% | ||||
Principal | $ 17,213 | [3],[22],[23] | $ 17,038 | [7],[9],[34],[35] | |||
Interest rate (as a percent) | 14% | [3],[22],[23] | 11.73% | [7],[9],[34],[35] | 11.73% | [7],[9],[34],[35] | |
Investment, Identifier [Axis]: Mystic Logistics Holdings, LLC, Secured Debt 1 | |||||||
Schedule of Investments [Line Items] | |||||||
Principal | $ 0 | [4] | $ 0 | [8] | |||
Investment, Identifier [Axis]: Mystic Logistics Holdings, LLC, Secured Debt 2 | |||||||
Schedule of Investments [Line Items] | |||||||
Principal | $ 5,746 | $ 5,746 | |||||
Interest rate (as a percent) | 10% | 10% | 10% | ||||
Investment, Identifier [Axis]: NBG Acquisition Inc, Secured Debt | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | [1],[9] | 5.50% | 5.50% | ||||
Principal | $ 3,849 | [2],[10] | $ 3,849 | [1],[9] | |||
Interest rate (as a percent) | [1],[9] | 9.67% | 9.67% | ||||
Investment, Identifier [Axis]: NRP Jones, LLC, Secured Debt | |||||||
Schedule of Investments [Line Items] | |||||||
Principal | $ 2,080 | $ 2,080 | |||||
Interest rate (as a percent) | 12% | 12% | 12% | ||||
Investment, Identifier [Axis]: NTM Acquisition Corp., Secured Debt | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | [1],[9] | 6.25% | 6.25% | ||||
Principal | [1],[9] | $ 4,358 | |||||
Interest rate (as a percent) | [1],[9] | 9.50% | 9.50% | ||||
Investment, Identifier [Axis]: NWN Corporation, Secured Debt 1 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | [6],[7],[9],[49] | 8% | 8% | ||||
Principal | [6],[7],[9],[49] | $ 3,941 | |||||
Interest rate (as a percent) | [6],[7],[9],[49] | 10.85% | 10.85% | ||||
Investment, Identifier [Axis]: NWN Corporation, Secured Debt 2 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | [6],[7],[9] | 8% | 8% | ||||
Principal | [6],[7],[9] | $ 39,851 | |||||
Interest rate (as a percent) | [6],[7],[9] | 12.56% | 12.56% | ||||
Investment, Identifier [Axis]: NWN Corporation, Secured Debt 3 | |||||||
Schedule of Investments [Line Items] | |||||||
Principal | [7] | $ 6,509 | |||||
Interest rate (as a percent) | [7] | 20% | 20% | ||||
Investment, Identifier [Axis]: Nebraska Vet AcquireCo, LLC, , Secured Debt 3 | |||||||
Schedule of Investments [Line Items] | |||||||
Interest rate (as a percent) | 12% | 12% | |||||
Investment, Identifier [Axis]: Nebraska Vet AcquireCo, LLC, Secured Debt 1 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | 7% | [4],[5] | 7% | [8],[9] | 7% | [8],[9] | |
Principal | $ 0 | [4],[5] | $ 0 | [8],[9] | |||
Investment, Identifier [Axis]: Nebraska Vet AcquireCo, LLC, Secured Debt 2 | |||||||
Schedule of Investments [Line Items] | |||||||
Principal | $ 25,794 | $ 20,094 | |||||
Interest rate (as a percent) | 12% | 12% | 12% | ||||
Investment, Identifier [Axis]: Nebraska Vet AcquireCo, LLC, Secured Debt 3 | |||||||
Schedule of Investments [Line Items] | |||||||
Principal | $ 10,500 | $ 10,500 | |||||
Interest rate (as a percent) | 12% | 12% | 12% | ||||
Investment, Identifier [Axis]: NexRev LLC, Secured Debt 1 | |||||||
Schedule of Investments [Line Items] | |||||||
Principal | $ 0 | [4] | $ 0 | [8] | |||
Interest rate (as a percent) | 10% | ||||||
Investment, Identifier [Axis]: NexRev LLC, Secured Debt 2 | |||||||
Schedule of Investments [Line Items] | |||||||
Principal | $ 9,811 | $ 11,465 | |||||
Interest rate (as a percent) | 10% | 11% | 11% | ||||
Investment, Identifier [Axis]: NinjaTrader, LLC, Secured Debt 1 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | 7% | [3],[4],[5] | 6.25% | [7],[8],[9] | 6.25% | [7],[8],[9] | |
Principal | $ 0 | [3],[4],[5] | $ 0 | [7],[8],[9] | |||
Investment, Identifier [Axis]: NinjaTrader, LLC, Secured Debt 2 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | 7% | [3],[4],[5] | 6.25% | [7],[8],[9] | 6.25% | [7],[8],[9] | |
Principal | $ 0 | [3],[4],[5] | $ 0 | [7],[8],[9] | |||
Investment, Identifier [Axis]: NinjaTrader, LLC, Secured Debt 3 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | 7% | [3],[5] | 6.25% | [7],[9] | 6.25% | [7],[9] | |
Principal | $ 20,467 | [3],[5] | $ 21,666 | [7],[9] | |||
Interest rate (as a percent) | 12.54% | [3],[5] | 9.99% | [7],[9] | 9.99% | [7],[9] | |
Investment, Identifier [Axis]: NinjaTrader, LLC, Secured Debt 4 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | [3],[5] | 7% | |||||
Principal | [3],[5] | $ 7,222 | |||||
Interest rate (as a percent) | [3],[5] | 12.52% | |||||
Investment, Identifier [Axis]: NuStep, LLC, Secured Debt 1 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | 6.50% | [5] | 6.50% | [9] | 6.50% | [9] | |
Principal | $ 3,600 | [5] | $ 4,400 | [9] | |||
Interest rate (as a percent) | 11.98% | [5] | 10.63% | [9] | 10.63% | [9] | |
Investment, Identifier [Axis]: NuStep, LLC, Secured Debt 2 | |||||||
Schedule of Investments [Line Items] | |||||||
Principal | $ 18,440 | $ 18,440 | |||||
Interest rate (as a percent) | 12% | 12% | 12% | ||||
Investment, Identifier [Axis]: OMi Topco, LLC, Secured Debt | |||||||
Schedule of Investments [Line Items] | |||||||
Principal | $ 12,750 | $ 15,750 | |||||
Interest rate (as a percent) | 12% | 12% | 12% | ||||
Investment, Identifier [Axis]: OVG Business Services, LLC, Secured Debt | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | [7],[9] | 6.25% | 6.25% | ||||
Principal | [7],[9] | $ 13,930 | |||||
Interest rate (as a percent) | [7],[9] | 10.64% | 10.64% | ||||
Investment, Identifier [Axis]: Obra Capital, Inc. (f/k/a Vida Capital, Inc.), Inc, Secured Debt | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | [2] | 6% | |||||
Principal | [2] | $ 17,373 | |||||
Interest rate (as a percent) | [2] | 11.47% | |||||
Investment, Identifier [Axis]: OnAsset Intelligence, Inc., Preferred Stock | |||||||
Schedule of Investments [Line Items] | |||||||
Interest rate (as a percent) | 7% | 7% | 7% | ||||
Investment, Identifier [Axis]: OnAsset Intelligence, Inc., Secured Debt 1 | |||||||
Schedule of Investments [Line Items] | |||||||
Principal | $ 4,415 | [10] | $ 4,415 | [11] | |||
Interest rate (as a percent) | 12% | [10] | 12% | [11] | 12% | [11] | |
Investment, Identifier [Axis]: OnAsset Intelligence, Inc., Secured Debt 1.1 | |||||||
Schedule of Investments [Line Items] | |||||||
Interest rate (as a percent) | 12% | 12% | 12% | ||||
Investment, Identifier [Axis]: OnAsset Intelligence, Inc., Secured Debt 2 | |||||||
Schedule of Investments [Line Items] | |||||||
Principal | $ 2,116 | [10] | $ 2,116 | [11] | |||
Interest rate (as a percent) | 12% | [10] | 12% | [11] | 12% | [11] | |
Investment, Identifier [Axis]: OnAsset Intelligence, Inc., Secured Debt 2.1 | |||||||
Schedule of Investments [Line Items] | |||||||
Interest rate (as a percent) | 12% | 12% | 12% | ||||
Investment, Identifier [Axis]: OnAsset Intelligence, Inc., Secured Debt 3 | |||||||
Schedule of Investments [Line Items] | |||||||
Principal | $ 983 | [10] | $ 983 | [11] | |||
Interest rate (as a percent) | 12% | [10] | 12% | [11] | 12% | [11] | |
Investment, Identifier [Axis]: OnAsset Intelligence, Inc., Secured Debt 3.1 | |||||||
Schedule of Investments [Line Items] | |||||||
Interest rate (as a percent) | 12% | 12% | 12% | ||||
Investment, Identifier [Axis]: OnAsset Intelligence, Inc., Secured Debt 4 | |||||||
Schedule of Investments [Line Items] | |||||||
Principal | $ 964 | [10] | $ 964 | [11] | |||
Interest rate (as a percent) | 12% | [10] | 12% | [11] | 12% | [11] | |
Investment, Identifier [Axis]: OnAsset Intelligence, Inc., Secured Debt 4.1 | |||||||
Schedule of Investments [Line Items] | |||||||
Interest rate (as a percent) | 12% | 12% | 12% | ||||
Investment, Identifier [Axis]: OnAsset Intelligence, Inc., Unsecured Debt | |||||||
Schedule of Investments [Line Items] | |||||||
Principal | $ 305 | [10] | $ 305 | [11] | |||
Interest rate (as a percent) | 10% | [10] | 10% | [11] | 10% | [11] | |
Investment, Identifier [Axis]: Oneliance, LLC, Secured Debt 1 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | 11% | [4],[5],[14] | 11% | [8],[9] | 11% | [8],[9] | |
Principal | $ 0 | [4],[5],[14] | $ 0 | [8],[9] | |||
Investment, Identifier [Axis]: Oneliance, LLC, Secured Debt 2 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | 11% | [5] | 11% | [9] | 11% | [9] | |
Principal | $ 5,440 | [5] | $ 5,600 | [9] | |||
Interest rate (as a percent) | 16.48% | [5] | 15.13% | [9] | 15.13% | [9] | |
Investment, Identifier [Axis]: Orttech Holdings, LLC, Secured Debt 1 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | 11% | [4],[5] | 11% | [8],[9] | 11% | [8],[9] | |
Principal | $ 0 | [4],[5] | $ 0 | [8],[9] | |||
Investment, Identifier [Axis]: Orttech Holdings, LLC, Secured Debt 2 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | 11% | [5] | 11% | [9] | 11% | [9] | |
Principal | $ 22,040 | [5] | $ 23,600 | [9] | |||
Interest rate (as a percent) | 16.48% | [5] | 15.13% | [9] | 15.13% | [9] | |
Investment, Identifier [Axis]: Ospemifene Royalty Sub LLC, Secured Debt | |||||||
Schedule of Investments [Line Items] | |||||||
Principal | $ 4,443 | [3],[10] | $ 4,489 | [7],[11] | |||
Interest rate (as a percent) | [7],[11] | 11.50% | 11.50% | ||||
Investment, Identifier [Axis]: PPL RVs, Inc., Secured Debt 1 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | 8.75% | [4],[5] | 7% | [8],[9] | 7% | [8],[9] | |
Principal | $ 0 | [4],[5] | $ 0 | [8],[9] | |||
Investment, Identifier [Axis]: PPL RVs, Inc., Secured Debt 2 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | 8.75% | [5] | 7% | [9] | 7% | [9] | |
Principal | $ 19,877 | [5] | $ 21,655 | [9] | |||
Interest rate (as a percent) | 14.23% | [5] | 10.25% | [9] | 10.25% | [9] | |
Investment, Identifier [Axis]: PTL US Bidco, Inc, Secured Debt 1 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | 7.25% | [3],[5],[22],[23],[50] | 7.25% | [6],[7],[8],[9],[34],[35] | 7.25% | [6],[7],[8],[9],[34],[35] | |
Principal | $ 3,022 | [3],[5],[22],[23],[50] | $ 0 | [6],[7],[8],[9],[34],[35] | |||
Interest rate (as a percent) | [3],[5],[22],[23],[50] | 12.80% | |||||
Investment, Identifier [Axis]: PTL US Bidco, Inc, Secured Debt 2 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | 7.25% | [3],[5],[22],[23] | 7.25% | [6],[7],[9],[34],[35] | 7.25% | [6],[7],[9],[34],[35] | |
Principal | $ 26,478 | [3],[5],[22],[23] | $ 28,265 | [6],[7],[9],[34],[35] | |||
Interest rate (as a percent) | 12.88% | [3],[5],[22],[23] | 11.80% | [6],[7],[9],[34],[35] | 11.80% | [6],[7],[9],[34],[35] | |
Investment, Identifier [Axis]: Paragon Healthcare, Inc., Secured Debt 1 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | 5.75% | [3],[4],[5] | 5.75% | [6],[7],[9] | 5.75% | [6],[7],[9] | |
Principal | $ 0 | [3],[4],[5] | $ 541 | [6],[7],[9] | |||
Interest rate (as a percent) | [6],[7],[9] | 10.26% | 10.26% | ||||
Investment, Identifier [Axis]: Paragon Healthcare, Inc., Secured Debt 2 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | 5.75% | [3],[5],[51] | 5.75% | [6],[7],[9],[52] | 5.75% | [6],[7],[9],[52] | |
Principal | $ 3,204 | [3],[5],[51] | $ 2,701 | [6],[7],[9],[52] | |||
Interest rate (as a percent) | 11.24% | [3],[5],[51] | 9.96% | [6],[7],[9],[52] | 9.96% | [6],[7],[9],[52] | |
Investment, Identifier [Axis]: Paragon Healthcare, Inc., Secured Debt 3 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | 5.75% | [3],[5] | 5.75% | [6],[7],[9] | 5.75% | [6],[7],[9] | |
Principal | $ 18,597 | [3],[5] | $ 18,293 | [6],[7],[9] | |||
Interest rate (as a percent) | 11.25% | [3],[5] | 9.81% | [6],[7],[9] | 9.81% | [6],[7],[9] | |
Investment, Identifier [Axis]: Pearl Meyer Topco LLC, Secured Debt | |||||||
Schedule of Investments [Line Items] | |||||||
Interest rate (as a percent) | 12% | ||||||
Investment, Identifier [Axis]: Pearl Meyer Topco LLC, Secured Debt 1 | |||||||
Schedule of Investments [Line Items] | |||||||
Principal | $ 3,500 | $ 0 | [8] | ||||
Interest rate (as a percent) | 12% | ||||||
Investment, Identifier [Axis]: Pearl Meyer Topco LLC, Secured Debt 1.1 | |||||||
Schedule of Investments [Line Items] | |||||||
Interest rate (as a percent) | 12% | ||||||
Investment, Identifier [Axis]: Pearl Meyer Topco LLC, Secured Debt 2 | |||||||
Schedule of Investments [Line Items] | |||||||
Principal | $ 20,000 | 0 | [8] | ||||
Interest rate (as a percent) | 12% | ||||||
Investment, Identifier [Axis]: Pearl Meyer Topco LLC, Secured Debt 2.1 | |||||||
Schedule of Investments [Line Items] | |||||||
Interest rate (as a percent) | 12% | ||||||
Investment, Identifier [Axis]: Pearl Meyer Topco LLC, Secured Debt 3 | |||||||
Schedule of Investments [Line Items] | |||||||
Principal | $ 27,681 | $ 28,681 | |||||
Interest rate (as a percent) | 12% | 12% | 12% | ||||
Investment, Identifier [Axis]: Pinnacle TopCo, LLC, Secured Debt 1 | |||||||
Schedule of Investments [Line Items] | |||||||
Principal | $ 460 | ||||||
Interest rate (as a percent) | 8% | ||||||
Investment, Identifier [Axis]: Pinnacle TopCo, LLC, Secured Debt 2 | |||||||
Schedule of Investments [Line Items] | |||||||
Principal | $ 30,640 | ||||||
Interest rate (as a percent) | 13% | ||||||
Investment, Identifier [Axis]: Power System Solutions, Secured Debt 1 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | [3],[4],[5] | 6.75% | |||||
Principal | [3],[4],[5] | $ 0 | |||||
Investment, Identifier [Axis]: Power System Solutions, Secured Debt 2 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | [3],[4],[5] | 6.75% | |||||
Principal | [3],[4],[5] | $ 0 | |||||
Investment, Identifier [Axis]: Power System Solutions, Secured Debt 3 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | [3],[5] | 6.75% | |||||
Principal | [3],[5] | $ 18,418 | |||||
Interest rate (as a percent) | [3],[5] | 12.12% | |||||
Investment, Identifier [Axis]: PrimeFlight Aviation Services, Secured Debt 1 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | [3],[5] | 6.85% | |||||
Principal | [3],[5] | $ 7,960 | |||||
Interest rate (as a percent) | [3],[5] | 12.28% | |||||
Investment, Identifier [Axis]: PrimeFlight Aviation Services, Secured Debt 2 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | [3],[5] | 6.85% | |||||
Principal | [3],[5] | $ 760 | |||||
Interest rate (as a percent) | [3],[5] | 12.20% | |||||
Investment, Identifier [Axis]: Principle Environmental, LLC, Secured Debt 1 | |||||||
Schedule of Investments [Line Items] | |||||||
Principal | $ 0 | [4] | $ 0 | [8] | |||
Interest rate (as a percent) | 13% | ||||||
Investment, Identifier [Axis]: Principle Environmental, LLC, Secured Debt 2 | |||||||
Schedule of Investments [Line Items] | |||||||
Principal | $ 5,897 | $ 5,897 | |||||
Interest rate (as a percent) | 13% | 13% | 13% | ||||
Investment, Identifier [Axis]: Project Eagle Holdings, LLC, Secured Debt 1 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | [7],[8],[9] | 6.25% | 6.25% | ||||
Principal | [7],[8],[9] | $ 0 | |||||
Investment, Identifier [Axis]: Project Eagle Holdings, LLC, Secured Debt 2 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | [7],[9] | 6.25% | 6.25% | ||||
Principal | [7],[9] | $ 29,475 | |||||
Interest rate (as a percent) | [7],[9] | 10.64% | 10.64% | ||||
Investment, Identifier [Axis]: Purge Rite, LLC, Secured Debt 1 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | [3],[4],[5] | 8% | |||||
Principal | [3],[4],[5] | $ 0 | |||||
Investment, Identifier [Axis]: Purge Rite, LLC, Secured Debt 2 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | [3],[5] | 8% | |||||
Principal | [3],[5] | $ 9,844 | |||||
Interest rate (as a percent) | [3],[5] | 13.70% | |||||
Investment, Identifier [Axis]: Quality Lease Service, LCC, Secured Debt | |||||||
Schedule of Investments [Line Items] | |||||||
Interest rate (as a percent) | 12% | 12% | |||||
Investment, Identifier [Axis]: Quality Lease Service, LLC, Secured Debt | |||||||
Schedule of Investments [Line Items] | |||||||
Interest rate (as a percent) | 12% | ||||||
Investment, Identifier [Axis]: RA Outdoors LLC, Secured Debt 1 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | 6.75% | [3],[5],[40] | 6.75% | [6],[7],[8],[9] | 6.75% | [6],[7],[8],[9] | |
Principal | $ 824 | [3],[5],[40] | $ 0 | [6],[7],[8],[9] | |||
Interest rate (as a percent) | [3],[5],[40] | 12.22% | |||||
Investment, Identifier [Axis]: RA Outdoors LLC, Secured Debt 2 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | 6.75% | [3],[5] | 6.75% | [6],[7],[9] | 6.75% | [6],[7],[9] | |
Principal | $ 13,369 | [3],[5] | $ 13,369 | [6],[7],[9] | |||
Interest rate (as a percent) | 12.21% | [3],[5] | 10.56% | [6],[7],[9] | 10.56% | [6],[7],[9] | |
Investment, Identifier [Axis]: RM Bidder, LLC, Warrants | |||||||
Schedule of Investments [Line Items] | |||||||
Strike price (in dollars per share) | $ / shares | $ 14.28 | ||||||
Investment, Identifier [Axis]: RTIC Subsidiary Holdings, LLC, Secured Debt 1 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | 7.75% | [3],[5] | 7.75% | [6],[7],[9],[53] | 7.75% | [6],[7],[9],[53] | |
Principal | $ 548 | [3],[5] | $ 1,361 | [6],[7],[9],[53] | |||
Interest rate (as a percent) | 13.21% | [3],[5] | 12.02% | [6],[7],[9],[53] | 12.02% | [6],[7],[9],[53] | |
Investment, Identifier [Axis]: RTIC Subsidiary Holdings, LLC, Secured Debt 2 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | 7.75% | [3],[5] | 7.75% | [6],[7],[9] | 7.75% | [6],[7],[9] | |
Principal | $ 14,323 | [3],[5] | $ 16,623 | [6],[7],[9] | |||
Interest rate (as a percent) | 13.19% | [3],[5] | 11.49% | [6],[7],[9] | 11.49% | [6],[7],[9] | |
Investment, Identifier [Axis]: RTIC Subsidiary Holdings, LLC, Secured Debt 3 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | [3],[5] | 7.75% | |||||
Principal | [3],[5] | $ 574 | |||||
Interest rate (as a percent) | [3],[5] | 13.19% | |||||
Investment, Identifier [Axis]: Research Now Group, Inc. and Survey Sampling International, LLC, Secured Debt | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | 5.50% | [2],[5] | 5.50% | [1],[9] | 5.50% | [1],[9] | |
Principal | $ 19,704 | [2],[5] | $ 19,966 | [1],[9] | |||
Interest rate (as a percent) | 11.14% | [2],[5] | 8.84% | [1],[9] | 8.84% | [1],[9] | |
Investment, Identifier [Axis]: Richardson Sales Solutions, Secured Debt 1 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | [3],[5],[54] | 6.50% | |||||
Principal | [3],[5],[54] | $ 3,167 | |||||
Interest rate (as a percent) | [3],[5],[54] | 18.47% | |||||
Investment, Identifier [Axis]: Richardson Sales Solutions, Secured Debt 2 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | [3],[5] | 6.50% | |||||
Principal | [3],[5] | $ 40,102 | |||||
Interest rate (as a percent) | [3],[5] | 11.88% | |||||
Investment, Identifier [Axis]: Robbins Bros. Jewelry, Inc., Secured Debt 1 | |||||||
Schedule of Investments [Line Items] | |||||||
Principal | $ 0 | [4] | $ 0 | [8],[9] | |||
Interest rate (as a percent) | 12.50% | ||||||
Investment, Identifier [Axis]: Robbins Bros. Jewelry, Inc., Secured Debt 2 | |||||||
Schedule of Investments [Line Items] | |||||||
Principal | $ 34,110 | $ 35,685 | [9] | ||||
Interest rate (as a percent) | 12.50% | 12.50% | [9] | 12.50% | [9] | ||
Investment, Identifier [Axis]: Rocaceia, LLC (Quality Lease and Rental Holdings, LLC), Secured Debt | |||||||
Schedule of Investments [Line Items] | |||||||
Principal | [11],[16],[55] | $ 30,369 | |||||
Interest rate (as a percent) | [11],[16],[55] | 12% | 12% | ||||
Investment, Identifier [Axis]: Roof Opco, LLC, Secured Debt 1 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | 6.50% | [3],[4],[5] | 6.50% | [6],[7],[9] | 6.50% | [6],[7],[9] | |
Principal | $ 0 | [3],[4],[5] | $ 311 | [6],[7],[9] | |||
Interest rate (as a percent) | [6],[7],[9] | 10.97% | 10.97% | ||||
Investment, Identifier [Axis]: Roof Opco, LLC, Secured Debt 2 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | 6.50% | [3],[5] | 6.50% | [6],[7],[9] | 6.50% | [6],[7],[9] | |
Principal | $ 3,376 | [3],[5] | $ 2,333 | [6],[7],[9] | |||
Interest rate (as a percent) | 12.16% | [3],[5] | 10.32% | [6],[7],[9] | 10.32% | [6],[7],[9] | |
Investment, Identifier [Axis]: Roof Opco, LLC, Secured Debt 3 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | 8.50% | [3],[5] | 6.50% | [6],[7],[9] | 6.50% | [6],[7],[9] | |
Principal | $ 3,376 | [3],[5] | $ 3,173 | [6],[7],[9] | |||
Interest rate (as a percent) | 14.16% | [3],[5] | 10.32% | [6],[7],[9] | 10.32% | [6],[7],[9] | |
Investment, Identifier [Axis]: Rug Doctor, LLC., Secured Debt 1 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | 6% | [3],[5] | 6.25% | [6],[7],[9] | 6.25% | [6],[7],[9] | |
Principal | $ 5,769 | [3],[5] | $ 5,625 | [6],[7],[9] | |||
Interest rate (as a percent) | 13.54% | [3],[5] | 13.02% | [6],[7],[9] | 13.02% | [6],[7],[9] | |
Investment, Identifier [Axis]: Rug Doctor, LLC., Secured Debt 2 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | 6% | [3],[5] | 6.25% | [6],[7],[9] | 6.25% | [6],[7],[9] | |
Principal | $ 8,121 | [3],[5] | $ 8,340 | [6],[7],[9] | |||
Interest rate (as a percent) | 13.54% | [3],[5] | 13.02% | [6],[7],[9] | 13.02% | [6],[7],[9] | |
Investment, Identifier [Axis]: SI East, LLC, Secured Debt 1 | |||||||
Schedule of Investments [Line Items] | |||||||
Principal | $ 1,125 | $ 0 | [8] | ||||
Interest rate (as a percent) | 11.25% | ||||||
Investment, Identifier [Axis]: SI East, LLC, Secured Debt 2 | |||||||
Schedule of Investments [Line Items] | |||||||
Principal | $ 54,536 | [56] | $ 89,786 | ||||
Interest rate (as a percent) | 12.47% | [56] | 9.50% | 9.50% | |||
Investment, Identifier [Axis]: SI East, LLC, Secured Debt 2.1 | |||||||
Schedule of Investments [Line Items] | |||||||
Interest rate (as a percent) | 12.47% | ||||||
Investment, Identifier [Axis]: SI East, LLC, Secured Debt 2.2 | |||||||
Schedule of Investments [Line Items] | |||||||
Interest rate (as a percent) | 9.50% | 9.50% | |||||
Investment, Identifier [Axis]: SI East, LLC, Secured Debt 3 | |||||||
Schedule of Investments [Line Items] | |||||||
Interest rate (as a percent) | 9.50% | ||||||
Investment, Identifier [Axis]: SIB Holdings, LLC, Secured Debt 1 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | [7],[9] | 6.25% | 6.25% | ||||
Principal | [7],[9] | $ 417 | |||||
Interest rate (as a percent) | [7],[9] | 11.01% | 11.01% | ||||
Investment, Identifier [Axis]: SIB Holdings, LLC, Secured Debt 2 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | [7],[9] | 6.25% | 6.25% | ||||
Principal | [7],[9] | $ 1,553 | |||||
Interest rate (as a percent) | [7],[9] | 11.01% | 11.01% | ||||
Investment, Identifier [Axis]: SIB Holdings, LLC, Secured Debt 3 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | [7],[9] | 6.25% | 6.25% | ||||
Principal | [7],[9] | $ 7,750 | |||||
Interest rate (as a percent) | [7],[9] | 11.01% | 11.01% | ||||
Investment, Identifier [Axis]: SPAU Holdings, LLC, Secured Debt 1 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | 8% | [3],[4],[5] | 7.50% | [6],[7],[8],[9] | 7.50% | [6],[7],[8],[9] | |
Principal | $ 0 | [3],[4],[5] | $ 0 | [6],[7],[8],[9] | |||
Investment, Identifier [Axis]: SPAU Holdings, LLC, Secured Debt 2 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | 8% | [3],[5] | 7.50% | [6],[7],[9] | 7.50% | [6],[7],[9] | |
Principal | $ 15,728 | [3],[5] | $ 15,928 | [6],[7],[9] | |||
Interest rate (as a percent) | 13.72% | [3],[5] | 11.06% | [6],[7],[9] | 11.06% | [6],[7],[9] | |
Investment, Identifier [Axis]: Savers, Inc., Secured Debt | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | [1],[6],[9] | 5.50% | 5.50% | ||||
Principal | [1],[6],[9] | $ 11,286 | |||||
Interest rate (as a percent) | [1],[6],[9] | 10.34% | 10.34% | ||||
Investment, Identifier [Axis]: Slick Innovations, LLC, Secured Debt | |||||||
Schedule of Investments [Line Items] | |||||||
Principal | $ 11,440 | $ 13,840 | |||||
Interest rate (as a percent) | 14% | 14% | 14% | ||||
Investment, Identifier [Axis]: Sonic Systems International, LLC, Secured Debt | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | [7],[9] | 7.50% | 7.50% | ||||
Principal | [7],[9] | $ 15,769 | |||||
Interest rate (as a percent) | [7],[9] | 11.24% | 11.24% | ||||
Investment, Identifier [Axis]: South Coast Terminals Holdings, LLC, Secured Debt 1 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | 6% | [3],[5] | 5.75% | [7],[8],[9] | 5.75% | [7],[8],[9] | |
Principal | $ 446 | [3],[5] | $ 0 | [7],[8],[9] | |||
Interest rate (as a percent) | [3],[5] | 11.46% | |||||
Investment, Identifier [Axis]: South Coast Terminals Holdings, LLC, Secured Debt 2 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | 6% | [3],[5] | 5.75% | [7],[9] | 5.75% | [7],[9] | |
Principal | $ 34,886 | [3],[5] | $ 41,255 | [7],[9] | |||
Interest rate (as a percent) | 11.70% | [3],[5] | 9.69% | [7],[9] | 9.69% | [7],[9] | |
Investment, Identifier [Axis]: Staples Canada ULC, Secured Debt | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | [7],[9],[34],[35],[57] | 7% | 7% | ||||
Principal | [7],[9],[34],[35],[57] | $ 13,740 | |||||
Interest rate (as a percent) | [7],[9],[34],[35],[57] | 11.83% | 11.83% | ||||
Investment, Identifier [Axis]: Stellant Systems, Inc., Secured Debt | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | [1],[6],[9] | 5.50% | 5.50% | ||||
Principal | [1],[6],[9] | $ 7,623 | |||||
Interest rate (as a percent) | [1],[6],[9] | 10.05% | 10.05% | ||||
Investment, Identifier [Axis]: Stellant Systems, Inc., Secured Debt 1 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | [2],[5] | 5.50% | |||||
Principal | [2],[5] | $ 7,527 | |||||
Interest rate (as a percent) | [2],[5] | 11.04% | |||||
Investment, Identifier [Axis]: Stellant Systems, Inc., Secured Debt 2 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | [2],[5] | 5.75% | |||||
Principal | [2],[5] | $ 8,978 | |||||
Interest rate (as a percent) | [2],[5] | 11.28% | |||||
Investment, Identifier [Axis]: Student Resource Center, LLC, Secured Debt | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | [7] | 8.50% | 8.50% | ||||
Principal | $ 5,327 | [3],[10] | $ 5,000 | [7] | |||
Interest rate (as a percent) | 8.50% | [3],[10] | 13.27% | [7] | 13.27% | [7] | |
Investment, Identifier [Axis]: Student Resource Center, LLC, Secured Debt 1 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | 8.50% | 8.50% | |||||
Interest rate (as a percent) | 13.27% | 13.27% | |||||
Investment, Identifier [Axis]: Superior Rigging & Erecting Co., Secured Debt | |||||||
Schedule of Investments [Line Items] | |||||||
Principal | $ 20,500 | $ 21,500 | |||||
Interest rate (as a percent) | 12% | 12% | 12% | ||||
Investment, Identifier [Axis]: Tacala Investment Corp., Secured Debt | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | [9],[58],[59] | 3.50% | 3.50% | ||||
Principal | [9],[58],[59] | $ 1,974 | |||||
Interest rate (as a percent) | [9],[58],[59] | 7.88% | 7.88% | ||||
Investment, Identifier [Axis]: Team Public Choices, LLC, Secured Debt | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | 5% | [2],[5] | 5% | [1],[9] | 5% | [1],[9] | |
Principal | $ 14,804 | [2],[5] | $ 14,964 | [1],[9] | |||
Interest rate (as a percent) | 10.88% | [2],[5] | 9.93% | [1],[9] | 9.93% | [1],[9] | |
Investment, Identifier [Axis]: Tedder Industries, LLC, Secured Debt 1 | |||||||
Schedule of Investments [Line Items] | |||||||
Principal | $ 1,840 | [14] | $ 1,840 | ||||
Interest rate (as a percent) | 12% | [14] | 12% | 12% | |||
Investment, Identifier [Axis]: Tedder Industries, LLC, Secured Debt 2 | |||||||
Schedule of Investments [Line Items] | |||||||
Principal | $ 15,200 | [14] | $ 15,200 | ||||
Interest rate (as a percent) | 12% | [14] | 12% | 12% | |||
Investment, Identifier [Axis]: The Affiliati Network, LLC, Secured Debt 1 | |||||||
Schedule of Investments [Line Items] | |||||||
Principal | $ 160 | $ 120 | |||||
Interest rate (as a percent) | 13% | 13% | 13% | ||||
Investment, Identifier [Axis]: The Affiliati Network, LLC, Secured Debt 2 | |||||||
Schedule of Investments [Line Items] | |||||||
Principal | $ 7,521 | $ 9,521 | |||||
Interest rate (as a percent) | 13% | 13% | 13% | ||||
Investment, Identifier [Axis]: Trantech Radiator Topco, LLC, Secured Debt 2 | |||||||
Schedule of Investments [Line Items] | |||||||
Interest rate (as a percent) | 12% | ||||||
Investment, Identifier [Axis]: Trantech Radiator Topco, LLC, Secured Debt 1 | |||||||
Schedule of Investments [Line Items] | |||||||
Principal | $ 0 | [4] | $ 0 | [8] | |||
Interest rate (as a percent) | 8% | ||||||
Investment, Identifier [Axis]: Trantech Radiator Topco, LLC, Secured Debt 2 | |||||||
Schedule of Investments [Line Items] | |||||||
Principal | $ 7,920 | $ 7,920 | |||||
Interest rate (as a percent) | 12% | 12% | 12% | ||||
Investment, Identifier [Axis]: U.S. TelePacific Corp., Secured Debt | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | [1],[6],[9] | 1.25% | 1.25% | ||||
Principal | [1],[6],[9] | $ 18,352 | |||||
Interest rate (as a percent) | [1],[6],[9] | 11.57% | 11.57% | ||||
Investment, Identifier [Axis]: U.S. TelePacific Corp., Secured Debt 1 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | [2],[5],[10] | 7.15% | |||||
Principal | [2],[5],[10] | $ 9,298 | |||||
Interest rate (as a percent) | [2],[5],[10] | 12.53% | |||||
Investment, Identifier [Axis]: U.S. TelePacific Corp., Secured Debt 2 | |||||||
Schedule of Investments [Line Items] | |||||||
Principal | [2],[10] | $ 946 | |||||
Investment, Identifier [Axis]: USA DeBusk LLC, Secured Debt | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | [7],[9] | 5.75% | 5.75% | ||||
Principal | [7],[9] | $ 33,577 | |||||
Interest rate (as a percent) | [7],[9] | 9.82% | 9.82% | ||||
Investment, Identifier [Axis]: USA DeBusk LLC, Secured Debt 1 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | [3],[5] | 6% | |||||
Principal | [3],[5] | $ 23,101 | |||||
Interest rate (as a percent) | [3],[5] | 11.46% | |||||
Investment, Identifier [Axis]: USA DeBusk LLC, Secured Debt 2 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | [3],[5] | 6.50% | |||||
Principal | [3],[5] | $ 9,017 | |||||
Interest rate (as a percent) | [3],[5] | 11.96% | |||||
Investment, Identifier [Axis]: USA DeBusk LLC, Secured Debt 3 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | [3],[5] | 6.50% | |||||
Principal | [3],[5] | $ 4,689 | |||||
Interest rate (as a percent) | [3],[5] | 11.96% | |||||
Investment, Identifier [Axis]: UniTek Global Services, Inc. Secured Convertible Debt 1 | |||||||
Schedule of Investments [Line Items] | |||||||
Interest rate (as a percent) | 15% | ||||||
Investment, Identifier [Axis]: UniTek Global Services, Inc. Secured Convertible Debt 2 | |||||||
Schedule of Investments [Line Items] | |||||||
Interest rate (as a percent) | 15% | ||||||
Investment, Identifier [Axis]: UniTek Global Services, Inc., Preferred Stock 1 | |||||||
Schedule of Investments [Line Items] | |||||||
Interest rate (as a percent) | 20% | [2],[19] | 20% | [1],[18] | 20% | [1],[18] | |
Investment, Identifier [Axis]: UniTek Global Services, Inc., Preferred Stock 2 | |||||||
Schedule of Investments [Line Items] | |||||||
Interest rate (as a percent) | 20% | [2] | 20% | [1] | 20% | [1] | |
Investment, Identifier [Axis]: UniTek Global Services, Inc., Preferred Stock 3 | |||||||
Schedule of Investments [Line Items] | |||||||
Interest rate (as a percent) | 19% | [2] | 19% | [1] | 19% | [1] | |
Investment, Identifier [Axis]: UniTek Global Services, Inc., Preferred Stock 4 | |||||||
Schedule of Investments [Line Items] | |||||||
Interest rate (as a percent) | 13.50% | [2] | 13.50% | [1] | 13.50% | [1] | |
Investment, Identifier [Axis]: UniTek Global Services, Inc., Secured Convertible Debt | |||||||
Schedule of Investments [Line Items] | |||||||
Principal | [1] | $ 2,403 | |||||
Interest rate (as a percent) | [1] | 15% | 15% | ||||
Investment, Identifier [Axis]: UniTek Global Services, Inc., Secured Convertible Debt 1 | |||||||
Schedule of Investments [Line Items] | |||||||
Principal | [2] | $ 1,714 | |||||
Interest rate (as a percent) | [2] | 15% | |||||
Investment, Identifier [Axis]: UniTek Global Services, Inc., Secured Convertible Debt 2 | |||||||
Schedule of Investments [Line Items] | |||||||
Principal | [2] | $ 840 | |||||
Interest rate (as a percent) | [2] | 15% | |||||
Investment, Identifier [Axis]: UniTek Global Services, Inc., Secured Debt 1 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | 7.50% | 5.50% | [1],[6],[9] | 5.50% | [1],[6],[9] | ||
Principal | [1],[6],[9] | $ 406 | |||||
Interest rate (as a percent) | [1],[6],[9] | 10.76% | 10.76% | ||||
Investment, Identifier [Axis]: UniTek Global Services, Inc., Secured Debt 2 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | 7.50% | 5.50% | [1],[6],[9] | 5.50% | [1],[6],[9] | ||
Principal | [1],[6],[9] | $ 1,814 | |||||
Interest rate (as a percent) | [1],[6],[9] | 10.76% | 10.76% | ||||
Investment, Identifier [Axis]: Universal Wellhead Services Holdings, LLC, Preferred Memeber Units | |||||||
Schedule of Investments [Line Items] | |||||||
Interest rate (as a percent) | 14% | ||||||
Investment, Identifier [Axis]: Universal Wellhead Services Holdings, LLC, Preferred Member Units | |||||||
Schedule of Investments [Line Items] | |||||||
Interest rate (as a percent) | 14% | [3],[39] | 14% | [7],[17] | 14% | [7],[17] | |
Investment, Identifier [Axis]: UserZoom Technologies, Inc., Secured Debt | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | [3],[5] | 7.50% | |||||
Principal | [3],[5] | $ 4,000 | |||||
Interest rate (as a percent) | [3],[5] | 12.99% | |||||
Investment, Identifier [Axis]: VVS Holdco LLC, Secured Debt 1 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | 6% | [4],[5],[14] | 6% | [8],[9],[17] | 6% | [8],[9],[17] | |
Principal | $ 0 | [4],[5],[14] | $ 0 | [8],[9],[17] | |||
Investment, Identifier [Axis]: VVS Holdco LLC, Secured Debt 2 | |||||||
Schedule of Investments [Line Items] | |||||||
Principal | $ 28,200 | $ 30,400 | [17] | ||||
Interest rate (as a percent) | 11.50% | 11.50% | [17] | 11.50% | [17] | ||
Investment, Identifier [Axis]: Veregy Consolidated, Inc., Secured Debt 1 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | 5.25% | [2],[4],[5] | 5.25% | [1],[8],[9] | 5.25% | [1],[8],[9] | |
Principal | $ 0 | [2],[4],[5] | $ 0 | [1],[8],[9] | |||
Investment, Identifier [Axis]: Veregy Consolidated, Inc., Secured Debt 2 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | 6% | [2],[5] | 6% | [1],[9] | 6% | [1],[9] | |
Principal | $ 17,433 | [2],[5] | $ 17,685 | [1],[9] | |||
Interest rate (as a percent) | 11.64% | [2],[5] | 10.41% | [1],[9] | 10.41% | [1],[9] | |
Investment, Identifier [Axis]: Vida Capital, Inc, Secured Debt | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | [1] | 6% | 6% | ||||
Principal | [1] | $ 15,448 | |||||
Interest rate (as a percent) | [1] | 10.38% | 10.38% | ||||
Investment, Identifier [Axis]: Vitesse Systems, Secured Debt | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | [3],[5] | 7% | |||||
Principal | [3],[5] | $ 42,500 | |||||
Interest rate (as a percent) | [3],[5] | 12.63% | |||||
Investment, Identifier [Axis]: Volusion, LLC, Secured Debt | |||||||
Schedule of Investments [Line Items] | |||||||
Principal | $ 2,100 | $ 16,734 | [16] | ||||
Interest rate (as a percent) | 10% | 11.50% | [16] | 11.50% | [16] | ||
Investment, Identifier [Axis]: Volusion, LLC, Secured Debt 1 | |||||||
Schedule of Investments [Line Items] | |||||||
Interest rate (as a percent) | 10% | ||||||
Investment, Identifier [Axis]: Volusion, LLC, Secured Debt 2 | |||||||
Schedule of Investments [Line Items] | |||||||
Interest rate (as a percent) | 11.50% | ||||||
Investment, Identifier [Axis]: Volusion, LLC, Unsecured Convertible Debt | |||||||
Schedule of Investments [Line Items] | |||||||
Principal | $ 409 | ||||||
Interest rate (as a percent) | 8% | 8% | 8% | ||||
Investment, Identifier [Axis]: Wahoo Fitness Acquisition L.L.C., Secured Debt | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | [1],[6],[9] | 5.75% | 5.75% | ||||
Principal | [1],[6],[9] | $ 14,625 | |||||
Interest rate (as a percent) | [1],[6],[9] | 10.64% | 10.64% | ||||
Investment, Identifier [Axis]: Wall Street Prep, Inc., Secured Debt 1 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | 7% | [3],[4],[5] | 7% | [7],[8],[9] | 7% | [7],[8],[9] | |
Principal | $ 0 | [3],[4],[5] | $ 0 | [7],[8],[9] | |||
Investment, Identifier [Axis]: Wall Street Prep, Inc., Secured Debt 2 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | 7% | [3],[5] | 7% | [7],[9] | 7% | [7],[9] | |
Principal | $ 3,723 | [3],[5] | $ 4,235 | [7],[9] | |||
Interest rate (as a percent) | 12.54% | [3],[5] | 10.74% | [7],[9] | 10.74% | [7],[9] | |
Investment, Identifier [Axis]: Watterson Brands, LLC, Secured Debt 1 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | 6% | [3],[5],[44] | 6% | [7],[9] | 6% | [7],[9] | |
Principal | $ 1,853 | [3],[5],[44] | $ 371 | [7],[9] | |||
Interest rate (as a percent) | 11.50% | [3],[5],[44] | 10.73% | [7],[9] | 10.73% | [7],[9] | |
Investment, Identifier [Axis]: Watterson Brands, LLC, Secured Debt 2 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | 6% | [3],[5] | 6% | [7],[9] | 6% | [7],[9] | |
Principal | $ 386 | [3],[5] | $ 391 | [7],[9] | |||
Interest rate (as a percent) | 11.50% | [3],[5] | 10.73% | [7],[9] | 10.73% | [7],[9] | |
Investment, Identifier [Axis]: Watterson Brands, LLC, Secured Debt 3 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | 6% | [3],[5] | 6% | [7],[9] | 6% | [7],[9] | |
Principal | $ 15,886 | [3],[5] | $ 28,957 | [7],[9] | |||
Interest rate (as a percent) | 11.50% | [3],[5] | 10.73% | [7],[9] | 10.73% | [7],[9] | |
Investment, Identifier [Axis]: Watterson Brands, LLC, Secured Debt 4 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | [3],[5] | 6% | |||||
Principal | [3],[5] | $ 12,707 | |||||
Interest rate (as a percent) | [3],[5] | 11.50% | |||||
Investment, Identifier [Axis]: West Star Aviation Acquisition, LLC, Secured Debt 1 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | 6% | [3],[5],[60] | 6% | [6],[7],[8],[9] | 6% | [6],[7],[8],[9] | |
Principal | $ 2,405 | [3],[5],[60] | $ 0 | [6],[7],[8],[9] | |||
Interest rate (as a percent) | [3],[5],[60] | 11.34% | |||||
Investment, Identifier [Axis]: West Star Aviation Acquisition, LLC, Secured Debt 2 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | 6% | [3],[5] | 6% | [6],[7],[9] | 6% | [6],[7],[9] | |
Principal | $ 10,658 | [3],[5] | $ 10,794 | [6],[7],[9] | |||
Interest rate (as a percent) | 11.35% | [3],[5] | 8.59% | [6],[7],[9] | 8.59% | [6],[7],[9] | |
Investment, Identifier [Axis]: West Star Aviation Acquisition, LLC, Secured Debt 3 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | [3],[5] | 6% | |||||
Principal | [3],[5] | $ 5,303 | |||||
Interest rate (as a percent) | [3],[5] | 11.35% | |||||
Investment, Identifier [Axis]: Winter Services LLC, Secured Debt 1 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | 7% | [3],[5],[61] | 7% | [7],[8],[9] | 7% | [7],[8],[9] | |
Principal | $ 2,222 | [3],[5],[61] | $ 0 | [7],[8],[9] | |||
Interest rate (as a percent) | [3],[5],[61] | 12.64% | |||||
Investment, Identifier [Axis]: Winter Services LLC, Secured Debt 2 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | 7% | [3],[5] | 7% | [7],[8],[9] | 7% | [7],[8],[9] | |
Principal | $ 2,067 | [3],[5] | $ 0 | [7],[8],[9] | |||
Interest rate (as a percent) | [3],[5] | 12.66% | |||||
Investment, Identifier [Axis]: Winter Services LLC, Secured Debt 3 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | 7% | [3],[5] | 7% | [7],[9] | 7% | [7],[9] | |
Principal | $ 9,300 | [3],[5] | $ 10,000 | [7],[9] | |||
Interest rate (as a percent) | 12.66% | [3],[5] | 10.74% | [7],[9] | 10.74% | [7],[9] | |
Investment, Identifier [Axis]: World Micro Holdings, LLC, Secured Debt | |||||||
Schedule of Investments [Line Items] | |||||||
Principal | $ 12,123 | $ 14,280 | |||||
Interest rate (as a percent) | 13% | 13% | 13% | ||||
Investment, Identifier [Axis]: Xenon Arc, Inc., Secured Debt 1 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | 5.25% | [3],[4],[5] | 5.25% | [7],[8] | 5.25% | [7],[8] | |
Principal | $ 0 | [3],[4],[5] | $ 0 | [7],[8] | |||
Investment, Identifier [Axis]: Xenon Arc, Inc., Secured Debt 2 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | 5.75% | [3],[5] | 5.25% | [7] | 5.25% | [7] | |
Principal | $ 24,057 | [3],[5] | $ 24,300 | [7] | |||
Interest rate (as a percent) | 11.22% | [3],[5] | 10.84% | [7] | 10.84% | [7] | |
Investment, Identifier [Axis]: Xenon Arc, Inc., Secured Debt 3 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | 5.75% | [3],[5] | 5.25% | [7] | 5.25% | [7] | |
Principal | $ 37,828 | [3],[5] | $ 38,311 | [7] | |||
Interest rate (as a percent) | 11.25% | [3],[5] | 8.63% | [7] | 8.63% | [7] | |
Investment, Identifier [Axis]: YS Garments, LLC, Secured Debt | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | 7.50% | [2],[5] | 5.50% | [1],[9] | 5.50% | [1],[9] | |
Principal | $ 11,167 | [2],[5] | $ 12,659 | [1],[9] | |||
Interest rate (as a percent) | 13% | [2],[5] | 9.51% | [1],[9] | 9.51% | [1],[9] | |
Investment, Identifier [Axis]: Ziegler’s NYPD, LLC, Secured Debt 2 | |||||||
Schedule of Investments [Line Items] | |||||||
Interest rate (as a percent) | 6.50% | ||||||
Investment, Identifier [Axis]: Ziegler’s NYPD, LLC, Secured Debt 1 | |||||||
Schedule of Investments [Line Items] | |||||||
Principal | $ 450 | $ 450 | |||||
Interest rate (as a percent) | 12% | 12% | 12% | ||||
Investment, Identifier [Axis]: Ziegler’s NYPD, LLC, Secured Debt 2 | |||||||
Schedule of Investments [Line Items] | |||||||
Principal | $ 1,000 | $ 1,000 | |||||
Interest rate (as a percent) | 6.50% | 6.50% | 6.50% | ||||
Investment, Identifier [Axis]: Ziegler’s NYPD, LLC, Secured Debt 3 | |||||||
Schedule of Investments [Line Items] | |||||||
Principal | $ 2,750 | $ 2,750 | |||||
Interest rate (as a percent) | 14% | 14% | 14% | ||||
Investment, Identifier [Axis]: Zips Car Wash, LLC, Secured Debt 1 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | 7.25% | [3],[5],[62] | 7.25% | [6],[7],[9] | 7.25% | [6],[7],[9] | |
Principal | $ 17,279 | [3],[5],[62] | $ 17,512 | [6],[7],[9] | |||
Interest rate (as a percent) | 12.71% | [3],[5],[62] | 11.67% | [6],[7],[9] | 11.67% | [6],[7],[9] | |
Investment, Identifier [Axis]: Zips Car Wash, LLC, Secured Debt 2 | |||||||
Schedule of Investments [Line Items] | |||||||
Spread (as a percent) | 7.25% | [3],[5],[62] | 7.25% | [6],[7],[9],[58] | 7.25% | [6],[7],[9],[58] | |
Principal | $ 4,331 | [3],[5],[62] | $ 4,389 | [6],[7],[9],[58] | |||
Interest rate (as a percent) | 12.71% | [3],[5],[62] | 11.67% | [6],[7],[9],[58] | 11.67% | [6],[7],[9],[58] | |
[1] Middle Market portfolio investment. See Note C — Fair Value Hierarchy for Investments — Portfolio Composition for a description of Middle Market portfolio investments. Middle Market portfolio investment. See Note C — Fair Value Hierarchy for Investments — Portfolio Composition for a description of Middle Market portfolio investments. Private Loan portfolio investment. See Note C — Fair Value Hierarchy for Investments — Portfolio Composition for a description of Private Loan portfolio investments. The position is unfunded and no interest income is being earned as of December 31, 2023. The position may earn a nominal unused facility fee on committed amounts. Index based floating interest rate is subject to contractual minimum interest rate. As noted in this schedule, 96% of these floating rate loans (based on the par amount) contain LIBOR or Term SOFR (“SOFR”) floors which range between 0.50% and 2.00%, with a weighted-average floor of 1.20%. A majority of the variable rate loans in the Company’s Investment Portfolio bear interest at a rate that may be determined by reference to either LIBOR (“L”), SOFR (“SF”) or an alternate Base rate (commonly based on the Federal Funds Rate or the Prime rate (“P”)), which typically resets every one, three, or six months at the borrower’s option. SOFR based contracts may include a credit spread adjustment (the “Adjustment”) that is charged in addition to the stated spread. The Adjustment is applied when the SOFR rate, plus the Adjustment, exceeds the stated floor rate, as applicable. As of December 31, 2022, SOFR based contracts in the portfolio had Adjustments ranging from 0.10% to 0.35%. Private Loan portfolio investment. See Note C — Fair Value Hierarchy for Investments — Portfolio Composition for a description of Private Loan portfolio investments. The position is unfunded and no interest income is being earned as of December 31, 2022. The position may earn a nominal unused facility fee on committed amounts. Index based floating interest rate is subject to contractual minimum interest rate. As noted in this schedule, 66% of these floating rate loans (based on the par amount) contain LIBOR or Term SOFR (“SOFR”) floors which range between 0.50% and 2.00%, with a weighted-average floor of 1.04%. Non-accrual and non-income producing debt investment. Non-accrual and non-income producing debt investment. Index based floating interest rate is subject to contractual maximum base rate of 3.00%. Index based floating interest rate is subject to contractual maximum base rate of 2.50%. Maturity date is under on-going negotiations with the portfolio company and other lenders, if applicable. The Company has entered into an intercreditor agreement that entitles the Company to the “last out” tranche of the first lien secured loans, whereby the “first out” tranche will receive priority as to the “last out” tranche with respect to payments of principal, interest, and any other amounts due thereunder. Therefore, the Company receives a higher interest rate than the contractual stated interest rate of SOFR+6.00% (Floor 1.00%) per the credit agreement and the Consolidated Schedule of Investments above reflects such higher rate. Maturity date is under on-going negotiations with the portfolio company and other lenders, if applicable. Shares/Units represent ownership in a related Real Estate or HoldCo entity. Income producing through dividends or distributions. Income producing through dividends or distributions. The Company has entered into an intercreditor agreement that entitles the Company to the “last out” tranche of the first lien secured loans, whereby the “first out” tranche will receive priority as to the “last out” tranche with respect to payments of principal, interest, and any other amounts due thereunder. Therefore, the Company receives a higher interest rate than the contractual stated interest rate of SOFR plus 8.00% (Floor 1.50%) per the credit agreement and the Consolidated Schedule of Investments above reflects such higher rate. The Company has entered into an intercreditor agreement that entitles the Company to the “last out” tranche of the first lien secured loans, whereby the “first out” tranche will receive priority as to the “last out” tranche with respect to payments of principal, interest, and any other amounts due thereunder. Therefore, the Company receives a higher interest rate than the contractual stated interest rate of SOFR+8.00% (Floor 1.50%) per the credit agreement and the Consolidated Schedule of Investments above reflects such higher rate. Investment is not a qualifying asset as defined under Section 55(a) of the 1940 Act. Qualifying assets must represent at least 70% of total assets at the time of acquisition of any additional non-qualifying assets. Portfolio company headquarters are located outside of the United States. The security has an effective contractual interest rate of 2.00% PIK + LIBOR+6.50%, Floor 1.00%, but the issuer may, in its discretion, elect to pay the PIK interest in cash. The rate presented represents the effective current yield based on actual payments received during the period. As of December 31, 2023, borrowings under the loan facility bore interest at SOFR+7.00% (Floor 2.00%). RLOC facility permits the borrower to make an interest rate election regarding the base rate on each draw under the facility. The rate presented represents a weighted-average rate for borrowings under the facility, as of December 31, 2023. As of December 31, 2022, borrowings under the loan facility bore interest at SOFR+6.25% (Floor 1.00%). RLOC facility permits the borrower to make an interest rate election regarding the base rate on each draw under the facility. The rate presented represents a weighted-average rate for borrowings under the facility, as of December 31, 2022. As of December 31, 2022, borrowings under the loan facility bore interest at SOFR+6.25% (Floor 1.00%). Due to an amendment and subsequent funding during the quarter, the term loan facility has different floating rate reset dates. The rate presented represents a weighted-average rate for borrowings under the facility, as of December 31, 2022. As of December 31, 2023, borrowings under the loan facility bore interest at SOFR+8.00% (Floor 1.00%). RLOC facility permits the borrower to make an interest rate election regarding the base rate on each draw under the facility. The rate presented represents a weighted-average rate for borrowings under the facility, as of December 31, 2023. As of December 31, 2022, borrowings under the loan facility bore interest at LIBOR+8.00% (Floor 1.00%). RLOC facility permits the borrower to make an interest rate election regarding the base rate on each draw under the facility. The rate presented represents a weighted-average rate for borrowings under the facility, as of December 31, 2022. As of December 31, 2023, borrowings under the loan facility bore interest at SOFR+6.50% (Floor 1.00%). RLOC facility permits the borrower to make an interest rate election regarding the base rate on each draw under the facility. The rate presented represents a weighted-average rate for borrowings under the facility, as of December 31, 2023. As of December 31, 2023, borrowings under the loan facility bore interest at SOFR+5.75% (Floor 1.00%). RLOC facility permits the borrower to make an interest rate election regarding the base rate on each draw under the facility. The rate presented represents a weighted-average rate for borrowings under the facility, as of December 31, 2023. Index based floating interest rate is subject to contractual maximum base rate of 1.50%. Index based floating interest rate is subject to contractual maximum base rate of 1.50%. Investment is not a qualifying asset as defined under Section 55(a) of the 1940 Act. Qualifying assets must represent at least 70% of total assets at the time of acquisition of any additional non-qualifying assets. Portfolio company headquarters are located outside of the United States. As of December 31, 2022, borrowings under the loan facility bore interest at SOFR+5.75% (Floor 1.00%). RLOC facility permits the borrower to make an interest rate election regarding the base rate on each draw under the facility. The rate presented represents a weighted-average rate for borrowings under the facility, as of December 31, 2022. As of December 31, 2023, borrowings under the loan facility bore interest at SOFR+7.00% (Floor 1.50%). RLOC facility permits the borrower to make an interest rate election regarding the base rate on each draw under the facility. The rate presented represents a weighted-average rate for borrowings under the facility, as of December 31, 2023. As of December 31, 2022, borrowings under the loan facility bore interest at LIBOR+6.50% PIK or Prime+5.50% PIK. Revolving facility permits the borrower to make an interest rate election regarding the base rate on each draw under the facility. The rate presented represents a weighted-average rate for borrowings under the facility, as of December 31, 2022. Shares/Units represent ownership in a related Real Estate or HoldCo entity. As of December 31, 2023, borrowings under the loan facility bore interest at SOFR+6.75% (Floor 1.00%). RLOC facility permits the borrower to make an interest rate election regarding the base rate on each draw under the facility. The rate presented represents a weighted-average rate for borrowings under the facility, as of December 31, 2023. As of December 31, 2023, borrowings under the loan facility bore interest at SOFR+8.00% (Floor 2.00%). RLOC facility permits the borrower to make an interest rate election regarding the base rate on each draw under the facility. The rate presented represents a weighted-average rate for borrowings under the facility, as of December 31, 2023. As of December 31, 2023, borrowings under the loan facility bore interest at SOFR+10.00%. RLOC facility permits the borrower to make an interest rate election regarding the base rate on each draw under the facility. The rate presented represents a weighted-average rate for borrowings under the facility, as of December 31, 2023. As of December 31, 2022, borrowings under the loan facility bore interest at LIBOR+10.00%. RLOC facility permits the borrower to make an interest rate election regarding the base rate on each draw under the facility. The rate presented represents a weighted-average rate for borrowings under the facility, as of December 31, 2022. As of December 31, 2023, borrowings under the loan facility bore interest at SOFR+6.00% (Floor 1.00%). RLOC facility permits the borrower to make an interest rate election regarding the base rate on each draw under the facility. The rate presented represents a weighted-average rate for borrowings under the facility, as of December 31, 2023. As of December 31, 2023, borrowings under the loan facility bore interest at SOFR+7.00% (Floor 1.00%). Each new draw or funding on the facility has a different floating rate reset date. The rate presented represents a weighted-average rate for borrowings under the facility, as of December 31, 2023. Other Portfolio investment. See Note C — Fair Value Hierarchy for Investments — Portfolio Composition for a description of Other Portfolio investments. Other Portfolio investment. See Note C — Fair Value Hierarchy for Investments — Portfolio Composition for a description of Other Portfolio investments. As of December 31, 2022, borrowings under the loan facility bore interest at LIBOR+7.25% (Floor 0.75%). RLOC facility permits the borrower to make an interest rate election regarding the base rate on each draw under the facility. The rate presented represents a weighted-average rate for borrowings under the facility, as of December 31, 2022. As of December 31, 2022, borrowings under the loan facility bore interest at SOFR+8.00% (Floor 1.00%). RLOC facility permits the borrower to make an interest rate election regarding the base rate on each draw under the facility. The rate presented represents a weighted-average rate for borrowings under the facility, as of December 31, 2022. As of December 31, 2023, borrowings under the loan facility bore interest at SOFR+7.25% (Floor 1.00%). RLOC facility permits the borrower to make an interest rate election regarding the base rate on each draw under the facility. The rate presented represents a weighted-average rate for borrowings under the facility, as of December 31, 2023. As of December 31, 2023, borrowings under the loan facility bore interest at SOFR+5.75% (1.00%). Each new draw or funding on the facility has a different floating rate reset date. The rate presented represents a weighted-average rate for borrowings under the facility, as of December 31, 2023. As of December 31, 2022, borrowings under the loan facility bore interest at SOFR+5.75% (Floor 1.00%). Delayed draw term loan facility permits the borrower to make an interest rate election regarding the base rate on each draw under the facility. The rate presented represents a weighted-average rate for borrowings under the facility, as of December 31, 2022. As of December 31, 2022, borrowings under the loan facility bore interest at SOFR+7.75% (Floor 1.25%). RLOC facility permits the borrower to make an interest rate election regarding the base rate on each draw under the facility. The rate presented represents a weighted-average rate for borrowings under the facility, as of December 31, 2022. As of December 31, 2023, borrowings under the loan facility bore interest at SOFR+6.50% (Floor 2.00%). RLOC facility permits the borrower to make an interest rate election regarding the base rate on each draw under the facility. The rate presented represents a weighted-average rate for borrowings under the facility, as of December 31, 2023. Portfolio company is in a bankruptcy process and, as such, the maturity date of our debt investment in this portfolio company will not be finally determined until such process is complete. As noted in footnote (14), our debt investment in this portfolio company is on non-accrual status. The Company has entered into an intercreditor agreement that entitles the Company to the “last out” tranche of the first lien secured loans, whereby the “first out” tranche will receive priority as to the “last out” tranche with respect to payments of principal, interest, and any other amounts due thereunder. Therefore, the Company receives a higher interest rate than the contractual stated interest rate of 11.25% per the credit agreement and the Consolidated Schedule of Investments above reflects such higher rate. In connection with the Company’s debt investment in Staples Canada ULC and in an attempt to mitigate any potential adverse change in foreign exchange rates during the term of the Company’s investment, the Company maintains a forward foreign currency contract with Cadence Bank to lend $16.9 million Canadian Dollars and receive $13.1 million U.S. Dollars with a settlement date of September 14, 2023. The unrealized appreciation on the forward foreign currency contract was $0.6 million as of December 31, 2022. As of December 31, 2022, borrowings under the loan facility bore interest at SOFR+7.25% (Floor 1.00%). Each new draw on the delayed draw term loan facility has a different floating rate reset date. The rate presented represents a weighted-average rate for borrowings under the facility, as of December 31, 2022. Short-term portfolio investments. See Note C — Fair Value Hierarchy for Investments — Portfolio Composition for a description of short-term portfolio investments. As of December 31, 2023, borrowings under the loan facility bore interest at SOFR+7.00% (Floor 1.00%). RLOC facility permits the borrower to make an interest rate election regarding the base rate on each draw under the facility. The rate presented represents a weighted-average rate for borrowings under the facility, as of December 31, 2023. As of December 31, 2023, borrowings under the loan facility bore interest at SOFR+7.25% (Floor 1.00%). Each new draw or funding on the facility has a different floating rate reset date. The rate presented represents a weighted-average rate for borrowings under the facility, as of December 31, 2023. |
ORGANIZATION AND BASIS OF PRESE
ORGANIZATION AND BASIS OF PRESENTATION | 12 Months Ended |
Dec. 31, 2023 | |
Organization, Consolidation and Presentation of Financial Statements [Abstract] | |
ORGANIZATION AND BASIS OF PRESENTATION | ORGANIZATION AND BASIS OF PRESENTATION 1. Organization Main Street Capital Corporation (“MSCC” or, together with its consolidated subsidiaries, “Main Street” or the “Company”) is a principal investment firm primarily focused on providing customized debt and equity financing to lower middle market (“LMM”) companies and debt capital to middle market (“Middle Market”) companies. Main Street’s portfolio investments are typically made to support management buyouts, recapitalizations, growth financings, refinancings and acquisitions of companies that operate in a variety of industry sectors. Main Street seeks to partner with entrepreneurs, business owners and management teams and generally provides “one-stop” financing alternatives within its LMM investment strategy. Main Street invests primarily in secured debt investments, equity investments, warrants and other securities of LMM companies based in the United States and in secured debt investments of Middle Market companies generally headquartered in the United States. MSCC was formed in March 2007 to operate as an internally managed business development company (“BDC”) under the Investment Company Act of 1940, as amended (the “1940 Act”). Because MSCC is internally managed, all of the executive officers and other employees are employed by MSCC. Therefore, MSCC does not pay any external investment advisory fees, but instead directly incurs the operating costs associated with employing investment and portfolio management professionals. MSCC wholly owns several investment funds, including Main Street Mezzanine Fund, LP (“MSMF”) and Main Street Capital III, LP (“MSC III” and, together with MSMF, the “Funds”), and each of their general partners. The Funds are each licensed as a Small Business Investment Company (“SBIC”) by the United States Small Business Administration (“SBA”). MSC Adviser I, LLC (the “External Investment Manager”) was formed in November 2013 as a wholly-owned subsidiary of Main Street to provide investment management and other services to parties other than Main Street (“External Parties”) and receives fee income for such services. MSCC has been granted no-action relief by the Securities and Exchange Commission (“SEC”) to allow the External Investment Manager to register as a registered investment adviser under the Investment Advisers Act of 1940, as amended. Since the External Investment Manager conducts all of its investment management activities for External Parties, it is accounted for as a portfolio investment of Main Street and is not included as a consolidated subsidiary in Main Street’s consolidated financial statements. MSCC has elected to be treated for U.S. federal income tax purposes as a regulated investment company (“RIC”) under Subchapter M of the Internal Revenue Code of 1986, as amended (the “Code”). As a result, MSCC generally does not pay corporate-level U.S. federal income taxes on any net ordinary taxable income or capital gains that it distributes to its stockholders. MSCC has certain direct and indirect wholly-owned subsidiaries that have elected to be taxable entities (the “Taxable Subsidiaries”). The primary purpose of the Taxable Subsidiaries is to permit MSCC to hold equity investments in portfolio companies which are “pass-through” entities for tax purposes. MSCC also has certain direct and indirect wholly-owned subsidiaries formed for financing purposes (the “Structured Subsidiaries”). Unless otherwise noted or the context otherwise indicates, the terms “we,” “us,” “our,” the “Company” and “Main Street” refer to MSCC and its consolidated subsidiaries, which include the Funds, the Taxable Subsidiaries and the Structured Subsidiaries. 2. Basis of Presentation Main Street’s consolidated financial statements are prepared in accordance with generally accepted accounting principles in the United States of America (“U.S. GAAP”). The Company is an investment company following accounting and reporting guidance in Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) 946, Financial Services—Investment Companies (“ASC 946”). For each of the periods presented herein, Main Street’s consolidated financial statements include the accounts of MSCC and its consolidated subsidiaries. The Investment Portfolio, as used herein, refers to all of Main Street’s investments in LMM portfolio companies, investments in Private Loan portfolio companies, investments in Middle Market portfolio companies, Other Portfolio investments and the investment in the External Investment Manager (see Note C — Fair Value Hierarchy for Investments — Portfolio Composition — Investment Portfolio Composition for additional discussion of Main Street’s Investment Portfolio and definitions for the defined terms Private Loan and Other Portfolio). Main Street’s results of operations and cash flows for the years ended December 31, 2023, 2022 and 2021 and financial position as of December 31, 2023 and 2022, are presented on a consolidated basis. The effects of all intercompany transactions between MSCC and its consolidated subsidiaries have been eliminated in consolidation. Principles of Consolidation Under ASC 946, Main Street is precluded from consolidating other entities in which Main Street has equity investments, including those in which it has a controlling interest, unless the other entity is another investment company. An exception to this general principle in ASC 946 occurs if Main Street holds a controlling interest in an operating company that provides all or substantially all of its services directly to Main Street. Accordingly, as noted above, MSCC’s consolidated financial statements include the financial position and operating results for the Funds, the Taxable Subsidiaries and the Structured Subsidiaries. Main Street has determined that none of its portfolio investments qualify for this exception, including the investment in the External Investment Manager. Therefore, Main Street’s Investment Portfolio is carried on the Consolidated Balance Sheets at fair value, as discussed further in Note B.1. — Summary of Significant Accounting Policies — Valuation of the Investment Portfolio , with any adjustments to fair value recognized as “Net Unrealized Appreciation (Depreciation)” until the investment is realized, usually upon exit, resulting in any gain or loss being recognized as a “Net Realized Gain (Loss),” in both cases on the Consolidated Statements of Operations. Portfolio Investment Classification Main Street classifies its Investment Portfolio in accordance with the requirements of the 1940 Act. Under the 1940 Act, (a) “Control Investments” are defined as investments in which Main Street owns more than 25% of the voting securities or has rights to maintain greater than 50% of the board representation, (b) “Affiliate Investments” are defined as investments in which Main Street owns between 5% and 25% (inclusive) of the voting securities and does not have rights to maintain greater than 50% of the board representation and (c) “Non-Control/Non-Affiliate Investments” are defined as investments that are neither Control Investments nor Affiliate Investments. For purposes of determining the classification of its Investment Portfolio, Main Street has excluded consideration of any voting securities or board appointment rights held by third-party investment funds advised by the External Investment Manager. |
SUMMARY OF SIGNIFICANT ACCOUNTI
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES | 12 Months Ended |
Dec. 31, 2023 | |
Accounting Policies [Abstract] | |
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES | SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES 1. Valuation of the Investment Portfolio Main Street accounts for its Investment Portfolio at fair value. As a result, Main Street follows the provisions of ASC 820, Fair Value Measurements and Disclosures (“ASC 820”). ASC 820 defines fair value, establishes a framework for measuring fair value, establishes a fair value hierarchy based on the quality of inputs used to measure fair value and enhances disclosure requirements for fair value measurements. ASC 820 requires Main Street to assume that the portfolio investment is to be sold in the principal market to independent market participants, which may be a hypothetical market. Market participants are defined as buyers and sellers in the principal market that are independent, knowledgeable and willing and able to transact. Main Street’s portfolio strategy calls for it to invest primarily in illiquid debt and equity securities issued by privately held, LMM companies and debt securities issued by Middle Market companies that are generally larger in size than the LMM companies and that can be more liquid than the debt securities issued by LMM companies. Main Street categorizes some of its investments in LMM companies and Middle Market companies as Private Loan portfolio investments, which are primarily debt securities in privately held companies that have primarily been originated directly by Main Street or, to a lesser extent, through its strategic relationships with other investment funds on a collaborative basis through investments that are often referred to in the debt markets as “club deals” because of the small lender group size. In both cases, Main Street’s Private Loan investments are typically made to support a company owned by or in the process of being acquired by a private equity sponsor. Private Loan investments are made in companies that are consistent with the size of companies Main Street invests in through its LMM portfolio and Middle Market portfolio. Main Street’s portfolio also includes Other Portfolio investments which primarily consist of investments that are not consistent with the typical profiles for its LMM, Private Loan or Middle Market portfolio investments, including investments which may be managed by third parties. Main Street’s portfolio may also include short-term portfolio investments that are atypical of Main Street’s LMM, Private Loan and Middle Market portfolio investments in that they are intended to be a short-term deployment of capital and are more liquid than investments within the other portfolios. Main Street’s portfolio investments may be subject to restrictions on resale. LMM investments and Other Portfolio investments generally have no established trading market, while Private Loan investments may include investments which have no established market or have established markets that are not active. Middle Market and short-term portfolio investments generally have established markets that are not active. Main Street determines in good faith the fair value of its Investment Portfolio pursuant to a valuation policy in accordance with ASC 820, with such valuation process approved by its Board of Directors and in accordance with the 1940 Act. Main Street’s valuation policies and processes are intended to provide a consistent basis for determining the fair value of Main Street’s Investment Portfolio. For LMM portfolio investments, Main Street generally reviews external events, including private mergers, sales and acquisitions involving comparable companies, and includes these events in the valuation process by using an enterprise value waterfall methodology (“Waterfall”) for its LMM equity investments and an income approach using a yield-to-maturity model (“Yield-to-Maturity”) valuation method for its LMM debt investments. For Private Loan and Middle Market portfolio investments in debt securities for which it has determined that third-party quotes or other independent pricing are not available or appropriate, Main Street generally estimates the fair value based on the assumptions that it believes hypothetical market participants would use to value the investment in a current hypothetical sale using the Yield-to-Maturity valuation method. For Middle Market and short-term portfolio investments in debt securities for which it has determined that third-party quotes or other independent prices are available, Main Street primarily uses quoted prices in the valuation process. Main Street determines the appropriateness of the use of third-party broker quotes, if any, in determining fair value based on its understanding of the level of actual transactions used by the broker to develop the quote and whether the quote was an indicative price or binding offer, the depth and consistency of broker quotes and the correlation of changes in broker quotes with underlying performance of the portfolio company and other market indices. For its Other Portfolio equity investments, Main Street generally calculates the fair value of the investment primarily based on the net asset value (“NAV”) of the fund and adjusts the fair value for other factors deemed relevant that would affect the fair value of the investment. All of the valuation approaches for Main Street’s portfolio investments estimate the value of the investment as if Main Street were to sell, or exit, the investment as of the measurement date. These valuation approaches consider the value associated with Main Street’s ability to control the capital structure of the portfolio company, as well as the timing of a potential exit. For valuation purposes, “control” portfolio investments are composed of debt and equity securities in companies for which Main Street has a controlling interest in the equity ownership of the portfolio company or the ability to nominate a majority of the portfolio company’s board of directors. For valuation purposes, “non-control” portfolio investments are generally composed of debt and equity securities in companies for which Main Street does not have a controlling interest in the equity ownership of the portfolio company or the ability to nominate a majority of the portfolio company’s board of directors. Under the Waterfall valuation method, Main Street estimates the enterprise value of a portfolio company using a combination of market and income approaches or other appropriate valuation methods, such as considering recent transactions in the equity securities of the portfolio company or third-party valuations of the portfolio company, and then performs a Waterfall calculation by allocating the enterprise value over the portfolio company’s securities in order of their preference relative to one another. The enterprise value is the fair value at which an enterprise could be sold in a transaction between two willing parties, other than through a forced or liquidation sale. Typically, privately held companies are bought and sold based on multiples of earnings before interest, taxes, depreciation and amortization (“EBITDA”), cash flows, net income, revenues, or in limited cases, book value. There is no single methodology for estimating enterprise value. For any one portfolio company, enterprise value is generally described as a range of values from which a single estimate of enterprise value is derived. In estimating the enterprise value of a portfolio company, Main Street analyzes various factors including the portfolio company’s historical and projected financial results. Due to SEC deadlines for Main Street’s quarterly and annual financial reporting, the operating results of a portfolio company used in the current period valuation are generally the results from the period ended three months prior to such valuation date and may include unaudited, projected, budgeted or pro forma financial information and may require adjustments for non-recurring items or to normalize the operating results that may require significant judgment in determining. In addition, projecting future financial results requires significant judgment regarding future growth assumptions. In evaluating the operating results, Main Street also analyzes the impact of exposure to litigation, loss of customers or other contingencies. After determining the appropriate enterprise value, Main Street allocates the enterprise value to investments in order of the legal priority of the various components of the portfolio company’s capital structure. In applying the Waterfall valuation method, Main Street assumes the loans are paid-off at the principal amount in a change in control transaction and are not assumed by the buyer, which Main Street believes is consistent with its past transaction history and standard industry practices. Under the Yield-to-Maturity valuation method, Main Street also uses the income approach to determine the fair value of debt securities based on projections of the discounted future free cash flows that the debt security will likely generate, including analyzing the discounted cash flows of interest and principal amounts for the debt security, as set forth in the associated loan agreements, as well as the financial position and credit risk of the portfolio company. Main Street’s estimate of the expected repayment date of its debt securities is generally the maturity date of the instrument, as Main Street generally intends to hold its loans and debt securities to maturity. The Yield-to-Maturity analysis also considers changes in leverage levels, credit quality, portfolio company performance, changes in market-based interest rates and other factors. Main Street will generally use the value determined by the Yield-to-Maturity analysis as the fair value for that security; however, because of Main Street’s general intent to hold its loans to maturity, the fair value will not exceed the principal amount of the debt security valued using the Yield-to-Maturity valuation method. A change in the assumptions that Main Street uses to estimate the fair value of its debt securities using the Yield-to-Maturity valuation method could have a material impact on the determination of fair value. If there is deterioration in credit quality or if a debt security is in workout status, Main Street may consider other factors in determining the fair value of the debt security, including the value attributable to the debt security from the enterprise value of the portfolio company or the proceeds that would most likely be received in a liquidation analysis. Under the NAV valuation method, for an investment in an investment fund that does not have a readily determinable fair value, Main Street measures the fair value of the investment predominately based on the NAV of the investment fund as of the measurement date and adjusts the investment’s fair value for factors known to Main Street that would affect that fund’s NAV, including, but not limited to, fair values for individual investments held by the fund if Main Street holds the same investment or for a publicly traded investment. In addition, in determining the fair value of the investment, Main Street considers whether adjustments to the NAV are necessary in certain circumstances, based on the analysis of any restrictions on redemption of Main Street’s investment as of the measurement date, recent actual sales or redemptions of interests in the investment fund, and expected future cash flows available to equity holders, including the rate of return on those cash flows compared to an implied market return on equity required by market participants, or other uncertainties surrounding Main Street’s ability to realize the full NAV of its interests in the investment fund. Pursuant to its internal valuation process and the requirements under the 1940 Act, Main Street performs valuation procedures on each of its portfolio investments quarterly. In addition to its internal valuation process, in arriving at estimates of fair value for its investments in its LMM portfolio companies, Main Street, among other things, consults with a nationally recognized independent financial advisory services firm (the “Financial Advisory Firm”). The Financial Advisory Firm analyzes and provides observations, recommendations and an assurance certification regarding Main Street’s determinations of the fair value of its LMM portfolio company investments. The Financial Advisory Firm is generally consulted relative to Main Street’s investments in each LMM portfolio company at least once every calendar year, and for Main Street’s investments in new LMM portfolio companies, at least once in the twelve-month period subsequent to the initial investment. In certain instances, Main Street may determine that it is not cost-effective, and as a result is not in its stockholders’ best interest, to consult with the Financial Advisory Firm on its investments in one or more LMM portfolio companies. Such instances include, but are not limited to, situations where the fair value of Main Street’s investment in a LMM portfolio company is determined to be insignificant relative to the total Investment Portfolio. Main Street consulted with and received an assurance certification from the Financial Advisory Firm in arriving at Main Street’s determination of fair value for its investments in a total of 70 and 66 LMM portfolio companies during the years ended December 31, 2023 and 2022, respectively, representing 95% and 94% of the total LMM portfolio at fair value as of December 31, 2023 and 2022, respectively. Excluding its investments in LMM portfolio companies that, as of December 31, 2023 and 2022, as applicable, had not been in the Investment Portfolio for at least twelve months subsequent to the initial investment or whose primary purpose is to own real estate for which a third-party appraisal is obtained on at least an annual basis, 99% of the LMM portfolio at fair value was reviewed and certified by the Financial Advisory Firm for both of the years ended December 31, 2023 and 2022. For valuation purposes, the significant majority of Main Street’s Private Loan portfolio investments are non-control investments. For Private Loan portfolio investments for which it has determined that third-party quotes or other independent pricing are not available or appropriate, Main Street generally estimates the fair value based on the assumptions that it believes hypothetical market participants would use to value such Private Loan debt investments in a current hypothetical sale using the Yield-to-Maturity valuation method and such Private Loan equity investments in a current hypothetical sale using the Waterfall valuation method. In addition to its internal valuation process, in arriving at estimates of fair value for its investments in its Private Loan portfolio companies, Main Street, among other things, consults with the Financial Advisory Firm. The Financial Advisory Firm analyzes and provides observations and recommendations and an assurance certification regarding Main Street’s determinations of the fair value of its Private Loan portfolio company investments. The Financial Advisory Firm is generally consulted relative to Main Street’s investments in each Private Loan portfolio company at least once every calendar year, and for Main Street’s investments in new Private Loan portfolio companies, at least once in the twelve-month period subsequent to the initial investment. In certain instances, Main Street may determine that it is not cost-effective, and as a result is not in its stockholders’ best interest, to consult with the Financial Advisory Firm on its investments in one or more Private Loan portfolio companies. Such instances include, but are not limited to, situations where the fair value of Main Street’s investment in a Private Loan portfolio company is determined to be insignificant relative to the total Investment Portfolio. Main Street consulted with and received an assurance certification from the Financial Advisory Firm in arriving at its determination of fair value for its investments in a total of 59 Private Loan portfolio companies during each of the years ended December 31, 2023 and 2022, representing 82% and 76% of the total Private Loan portfolio at fair value as of December 31, 2023 and 2022, respectiv ely. Excluding its investments in Private Loan portfolio companies that, as of December 31, 2023 and 2022, as applicable, had not been in the Investment Portfolio for at least twelve months subsequent to the initial investment and its investments in Private Loan portfolio companies that were not reviewed because the investment is valued based upon third-party quotes or other independent pricing, 94% and 97% of the Private Loan portfolio at fair value was reviewed and certified by the Financial Advisory Firm for the years ended December 31, 2023 and 2022, respectively. For valuation purposes, all of Main Street’s Middle Market portfolio investments are either non-control or affiliate investments. To the extent sufficient observable inputs are available to determine fair value, Main Street uses observable inputs to determine the fair value of these investments through obtaining third-party quotes or other independent pricing. For Middle Market portfolio investments for which it has determined that third-party quotes or other independent pricing are not available or appropriate, Main Street generally estimates the fair value based on the assumptions that it believes hypothetical market participants would use to value such Middle Market debt investments in a current hypothetical sale using the Yield-to-Maturity valuation method and such Middle Market equity investments in a current hypothetical sale using the Waterfall valuation method. Main Street generally consults on a limited basis with the Financial Advisory Firm in connection with determining the fair value of its Middle Market portfolio investments due to the nature of these investments. The vast majority (98% and 89% as of December 31, 2023 and 2022, respectively) of the Middle Market portfolio investments (i) are valued using third-party quotes or other independent pricing services or (ii) Main Street has consulted with and received an assurance certification from the Financial Advisory Firm within the last twelve months. For valuation purposes, all of Main Street’s short-term portfolio investments are non-control investments. To the extent sufficient observable inputs are available to determine fair value, Main Street uses observable inputs to determine the fair value of these investments through obtaining third-party quotes or other independent pricing. Because all of the short-term portfolio investments are typically valued using third-party quotes or other independent pricing services, Main Street generally does not consult with any financial advisory services firms in connection with determining the fair value of its short-term portfolio investments. For valuation purposes, the majority of Main Street’s Other Portfolio investments are non-control or affiliate investments. Main Street’s Other Portfolio investments comprised 3.3% and 2.8% of Main Street’s Investment Portfolio at fair value as of December 31, 2023 and 2022, respectively. Similar to the LMM investment portfolio, market quotations for Other Portfolio equity investments are generally not readily available. For its Other Portfolio equity investments, Main Street generally determines the fair value of these investments using the NAV valuation method. For valuation purposes, Main Street’s investment in the External Investment Manager is a control investment. Market quotations are not readily available for this investment, and as a result, Main Street determines the fair value of the External Investment Manager using the Waterfall valuation method under the market approach. In estimating the enterprise value, Main Street analyzes various factors, including the entity’s historical and projected financial results, as well as its size, marketability and performance relative to the population of market comparables, and the valuations for comparable publicly traded companies and private transactions involving comparable companies. This valuation approach estimates the value of the investment as if Main Street were to sell, or exit, the investment. In addition, Main Street considers its ability to control the capital structure of the company, as well as the timing of a potential exit, in connection with determining the fair value of the External Investment Manager. Main Street consults with and receives an assurance certification from the Financial Advisory Firm in arriving at its determination of fair value for its investment in the External Investment Adviser on a quarterly basis, including as of December 31, 2023 and 2022. Due to the inherent uncertainty in the valuation process, Main Street’s determination of fair value for its Investment Portfolio may differ materially from the values that would have been determined had a ready market for the securities existed. In addition, changes in the market environment, portfolio company performance and other events that may occur over the lives of the investments may cause the gains or losses ultimately realized on these investments to be materially different than the valuations currently assigned. Main Street determines the fair value of each individual investment and records changes in fair value as unrealized appreciation or depreciation. Main Street uses an internally developed portfolio investment rating system in connection with its investment oversight, portfolio management and analysis and investment valuation procedures for its LMM, Private Loan and Middle Market portfolio companies. This system takes into account both quantitative and qualitative factors of each LMM, Private Loan and Middle Market portfolio company. Rule 2a-5 under the 1940 Act permits a BDC’s board of directors to designate its executive officers or investment adviser as a valuation designee to determine the fair value for its investment portfolio, subject to the active oversight of the board. Main Street’s Board of Directors has approved policies and procedures pursuant to Rule 2a-5 (the “Valuation Procedures”) and has designated a group of its executive officers to serve as the Board of Directors’ valuation designee. Main Street believes its Investment Portfolio as of December 31, 2023 and 2022 approximates fair value as of those dates based on the markets in which it operates and other conditions in existence on those reporting dates. 2. Use of Estimates The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenue and expenses during the period. Actual results may differ from these estimates under different conditions or assumptions. Additionally, as explained in Note B.1. — Summary of Significant Accounting Policies — Valuation of the Investment Portfolio , the consolidated financial statements include investments in the Investment Portfolio whose values have been estimated by Main Street, pursuant to valuation policies and procedures approved and overseen by Main Street’s Board of Directors, in the absence of readily ascertainable market values. Because of the inherent uncertainty of the Investment Portfolio valuations, those estimated values may differ materially from the values that would have been determined had a ready market for the securities existed. Macroeconomic factors, including pandemics, risk of recession, inflation, supply chain constraints or disruptions, geopolitical disruptions and rising market index interest rates, and the related effect on the U.S. and global economies, have impacted, and may continue to impact, the businesses and operating results of certain of Main Street’s portfolio companies. As a result of these and other current effects of macroeconomic factors, as well as the uncertainty regarding the extent and duration of their impact, the valuation of Main Street’s Investment Portfolio has and may continue to experience increased volatility. 3. Cash and Cash Equivalents Cash and cash equivalents consist of cash and highly liquid investments with an original maturity of three months or less at the date of purchase. Cash and cash equivalents are carried at cost, which approximates fair value. At December 31, 2023, the Company had $15.2 million of cash equivalents invested in AAA-rated money market funds. These highly liquid, short-term investments are included in the Consolidated Schedule of Investments. At December 31, 2023 and 2022, cash balances totaling $40.1 million and $46.3 million, respectively, exceeded Federal Deposit Insurance Corporation insurance protection levels, subjecting the Company to risk related to the uninsured balance. 4. Interest, Dividend and Fee Income Main Street records interest and dividend income on the accrual basis to the extent amounts are expected to be collected. Dividend income is recorded when dividends are declared by the portfolio company or at such other time that an obligation exists for the portfolio company to make a distribution. Main Street evaluates accrued interest and dividend income periodically for collectability. When a loan or debt security becomes 90 days or more past due, and if Main Street otherwise does not expect the debtor to be able to service its debt obligation, Main Street will generally place the loan or debt security on non-accrual status and cease recognizing interest income on that loan or debt security until the borrower has demonstrated the ability and intent to pay contractual amounts due. If a loan or debt security’s status significantly improves regarding the debtor’s ability to service the debt obligation, or if a loan or debt security is sold or written off, Main Street removes it from non-accrual status. As of December 31, 2023, investments on non-accrual status comprised 0.6% of Main Street’s total Investment Portfolio at fair value and 2.3% at cost. As of December 31, 2022, investments on non-accrual status comprised 0.6% of Main Street’s total Investment Portfolio at fair value and 3.7% at cost. Main Street holds certain debt and preferred equity instruments in its Investment Portfolio that contain payment-in-kind (“PIK”) interest and cumulative dividend provisions. The PIK interest, computed at the contractual rate specified in each debt agreement, is periodically added to the principal balance of the debt and is recorded as interest income. Thus, the actual collection of this interest may be deferred until the time of debt principal repayment. Cumulative dividends are recorded as dividend income, and any dividends in arrears are added to the balance of the preferred equity investment. The actual collection of these dividends in arrears may be deferred until such time as the preferred equity is redeemed or sold. To maintain RIC tax treatment (as discussed in Note B.10. — Summary of Significant Accounting Policies—Income Taxes below), these non-cash sources of income may need to be paid out to stockholders in the form of distributions, even though Main Street may not have collected the PIK interest and cumulative dividends in cash. Main Street stops accruing PIK interest and cumulative dividends and writes off any accrued and uncollected interest and dividends in arrears when it determines that such PIK interest and dividends in arrears are no longer collectible. For the years ended December 31, 2023, 2022 and 2021 (i) 2.2%, 1.4% and 2.6%, respectively, of Main Street’s total investment income was attributable to PIK interest income not paid currently in cash and (ii) 0.3%, 0.5% and 0.6%, respectively, of Main Street’s total investment income was attributable to cumulative dividend income not paid currently in cash. Main Street may periodically provide services, including structuring and advisory services, to its portfolio companies or other third parties. For services that are separately identifiable and evidence exists to substantiate fair value, fee income is recognized as earned, which is generally when the investment or other applicable transaction closes. Fees received in connection with debt financing transactions for services that do not meet these criteria are treated as debt origination fees and are generally deferred and accreted into income over the life of the financing. A presentation of total investment income Main Street received from its Investment Portfolio in each of the periods presented is as follows: Year Ended December 31, 2023 2022 2021 (dollars in thousands) Interest, fee and dividend income: Interest income $ 390,737 $ 284,746 $ 193,667 Dividend income 94,796 76,375 81,153 Fee income 14,852 15,739 14,227 Total interest, fee and dividend income $ 500,385 $ 376,860 $ 289,047 5. Deferred Financing Costs Deferred financing costs include commitment fees and other direct costs related to Main Street’s multi-year revolving credit facility (the “Corporate Facility”) and special purpose vehicle revolving credit facility (the “SPV Facility” and, together with the Corporate Facility, the “Credit Facilities”) and its unsecured notes, as well as the commitment fees and leverage fees (3.4% of the total commitment and draw amounts, as applicable) on the SBIC debentures. See further discussion of Main Street’s debt in Note E — Debt . Deferred financing costs in connection with the Credit Facilities are capitalized as an asset. Deferred financing costs in connection with all other debt arrangements are a direct deduction from the principal amount outstanding. 6. Equity Offering Costs The Company’s offering costs are charged against the proceeds from equity offerings when the proceeds are received. 7. Unearned Income—Debt Origination Fees and Original Issue Discount and Discounts / Premiums to Par Value Main Street capitalizes debt origination fees received in connection with financings and reflects such fees as unearned income netted against the applicable debt investments. The unearned income from the fees is accreted into income over the life of the financing. In connection with its portfolio debt investments, Main Street sometimes receives nominal cost warrants or warrants with an exercise price below the fair value of the underlying equity (together, “nominal cost equity”) that are valued as part of the negotiation process with the particular portfolio company. When Main Street receives nominal cost equity, it allocates its cost basis in its investment between its debt security and its nominal cost equity at the time of origination based on amounts negotiated with the particular portfolio company. The allocated amounts are based upon the fair value of the nominal cost equity, which is then used to determine the allocation of cost to the debt security. Any discount recorded on a debt investment resulting from this allocation is reflected as unearned income, which is netted against the applicable debt investment, and accreted into interest income over the life of the debt investment. The actual collection of this interest is deferred until the time of debt principal repayment. Main Street may also purchase debt securities at a discount or at a premium to the par value of the debt security. In the case of a purchase at a discount, Main Street records the investment at the par value of the debt security net of the discount, and the discount is accreted into interest income over the life of the debt investment. In the case of a purchase at a premium, Main Street records the investment at the par value of the debt security plus the premium, and the premium is amortized as a reduction to interest income over the life of the debt investment. To maintain RIC tax treatment (as discussed in Note B.10. — Summary of Significant Accounting Policies — Income Taxes below), these non-cash sources of income may need to be paid out to stockholders in the form of distributions, even though Main Street may not have collected the interest income. For the years ended December 31, 2023, 2022 and 2021, 1.8%, 1.8% and 2.0%, respectively, of Main Street’s total investment income was attributable to interest income from the accretion of discounts associated with debt investments, net of any premium amortization. 8. Share-Based Compensation Main Street accounts for its share-based compensation plans using the fair value method, as prescribed by ASC 718, Compensation — Stock Compensation. Accordingly, for restricted stock awards, Main Street measures the grant date fair value based upon the market price o |
FAIR VALUE HIERARCHY FOR INVEST
FAIR VALUE HIERARCHY FOR INVESTMENTS—PORTFOLIO COMPOSITION | 12 Months Ended |
Dec. 31, 2023 | |
Fair Value Disclosures [Abstract] | |
FAIR VALUE HIERARCHY FOR INVESTMENTS—PORTFOLIO COMPOSITION | FAIR VALUE HIERARCHY FOR INVESTMENTS — PORTFOLIO COMPOSITION ASC 820 defines fair value, establishes a framework for measuring fair value, establishes a fair value hierarchy based on the quality of inputs used to measure fair value, and enhances disclosure requirements for fair value measurements. Main Street accounts for its investments at fair value. Fair Value Hierarchy In accordance with ASC 820, Main Street has categorized its investments based on the priority of the inputs to the valuation technique into a three-level fair value hierarchy. The fair value hierarchy gives the highest priority to quoted prices in active markets for identical investments (Level 1) and the lowest priority to unobservable inputs (Level 3). Investments recorded on Main Street’s Consolidated Balance Sheets are categorized based on the inputs to the valuation techniques as follows: Level 1—Investments whose values are based on unadjusted quoted prices for identical assets in an active market that Main Street has the ability to access (examples include investments in active exchange-traded equity securities and investments in most U.S. government and agency securities). Level 2—Investments whose values are based on quoted prices in markets that are not active or model inputs that are observable either directly or indirectly for substantially the full term of the investment. Level 2 inputs include the following: • Quoted prices for similar assets in active markets (for example, investments in restricted stock); • Quoted prices for identical or similar assets in non-active markets (for example, investments in thinly traded public companies); • Pricing models whose inputs are observable for substantially the full term of the investment (for example, market interest rate indices); and • Pricing models whose inputs are derived principally from, or corroborated by, observable market data through correlation or other means for substantially the full term of the investment. Level 3—Investments whose values are based on prices or valuation techniques that require inputs that are both unobservable and significant to the overall fair value measurement (for example, investments in illiquid securities issued by privately held companies). These inputs reflect management’s own assumptions about the assumptions a market participant would use in pricing the investment. As required by ASC 820, when the inputs used to measure fair value fall within different levels of the hierarchy, the level within which the fair value measurement is categorized is based on the lowest level input that is significant to the fair value measurement in its entirety. For example, a Level 3 fair value measurement may include inputs that are observable (Levels 1 and 2) and unobservable (Level 3). Therefore, unrealized appreciation and depreciation related to such investments categorized within the Level 3 tables below may include changes in fair value that are attributable to both observable inputs (Levels 1 and 2) and unobservable inputs (Level 3). As of December 31, 2023 and 2022, all of Main Street’s LMM portfolio investments consisted of illiquid securities issued by privately held companies and the fair value determination for these investments primarily consisted of unobservable inputs. As a result, all of Main Street’s LMM portfolio investments were categorized as Level 3 as of December 31, 2023 and 2022. As of December 31, 2023 and 2022, Main Street’s Private Loan portfolio investments primarily consisted of investments in secured debt investments. The fair value determination for these investments consisted of a combination of observable inputs in non-active markets for which sufficient observable inputs were not available to determine the fair value of these investments and unobservable inputs. As a result, all of Main Street’s Private Loan portfolio investments were categorized as Level 3 as of December 31, 2023 and 2022. As of December 31, 2023 and 2022, Main Street’s Middle Market portfolio investments consisted primarily of investments in secured and unsecured debt investments and independently rated debt investments. The fair value determination for these investments consisted of a combination of observable inputs in non-active markets for which sufficient observable inputs were not available to determine the fair value of these investments and unobservable inputs. As a result, all of Main Street’s Middle Market portfolio investments were categorized as Level 3 as of December 31, 2023 and 2022. As of December 31, 2023 and 2022, Main Street’s Other Portfolio investments consisted of illiquid securities issued by privately held entities and the fair value determination for these investments primarily consisted of unobservable inputs. As a result, all of Main Street’s Other Portfolio investments were categorized as Level 3 as of December 31, 2023 and 2022. As of December 31, 2023, Main Street held no short-term portfolio investments. As of December 31, 2022, Main Street held one short-term portfolio investment, which was a secured debt investment. The fair value determination for this investment consisted of available observable inputs in non-active markets sufficient to determine the fair value of the investment. As a result, Main Street’s short-term portfolio investment was categorized as Level 2 as of December 31, 2022. As of December 31, 2023, all money market funds included in cash and cash equivalents were valued using Level 1 inputs . The fair value determination of each portfolio investment categorized as Level 3 required one or more of the following unobservable inputs: • Financial information obtained from each portfolio company, including unaudited statements of operations and balance sheets for the most recent period available as compared to budgeted numbers; • Current and projected financial condition of the portfolio company; • Current and projected ability of the portfolio company to service its debt obligations; • Type and amount of collateral, if any, underlying the investment; • Current financial ratios (e.g., fixed charge coverage ratio, interest coverage ratio and net debt/EBITDA ratio) applicable to the investment; • Current liquidity of the investment and related financial ratios (e.g., current ratio and quick ratio); • Pending debt or capital restructuring of the portfolio company; • Projected operating results of the portfolio company; • Current information regarding any offers to purchase the investment; • Current ability of the portfolio company to raise any additional financing as needed; • Changes in the economic environment which may have a material impact on the operating results of the portfolio company; • Internal occurrences that may have an impact (both positive and negative) on the operating performance of the portfolio company; • Qualitative assessment of key management; • Contractual rights, obligations or restrictions associated with the investment; and • Other factors deemed relevant. The use of significant unobservable inputs creates uncertainty in the measurement of fair value as of the reporting date. The significant unobservable inputs used in the fair value measurement of Main Street’s LMM equity securities, which are generally valued through an average of the discounted cash flow technique and the market comparable/enterprise value technique (unless one of these approaches is determined to not be appropriate), are (i) EBITDA multiples and (ii) the weighted-average cost of capital (“WACC”). Significant increases (decreases) in EBITDA multiple inputs in isolation would result in a significantly higher (lower) fair value measurement. On the contrary, significant increases (decreases) in WACC inputs in isolation would result in a significantly lower (higher) fair value measurement. The significant unobservable inputs used in the fair value measurement of Main Street’s LMM, Private Loan and Middle Market securities are (i) risk adjusted discount rates used in the Yield-to-Maturity valuation technique (see Note B.1. — Summary of Significant Accounting Policies — Valuation of the Investment Portfolio ) and (ii) the percentage of expected principal recovery. Significant increases (decreases) in any of these discount rates in isolation would result in a significantly lower (higher) fair value measurement. Significant increases (decreases) in any of these expected principal recovery percentages in isolation would result in a significantly higher (lower) fair value measurement. However, due to the nature of certain investments, fair value measurements may be based on other criteria, such as third-party appraisals of collateral and fair values as determined by independent third parties, which are not presented in the tables below. The following tables provide a summary of the significant unobservable inputs used to fair value Main Street’s Level 3 portfolio investments as of December 31, 2023 and 2022: Type of Fair Value as of December 31, 2023 (in thousands) Valuation Technique Significant Unobservable Inputs Range (4) Weighted Average (4) Median (4) Equity investments $ 1,402,354 Discounted cash flow WACC 9.7% - 22.7% 14.5 % 15.5 % Market comparable / Enterprise value EBITDA multiple (1) (3) 4.8x - 8.9x (2) 7.1x 6.4x Debt investments $ 2,720,425 Discounted cash flow Risk adjusted discount factor (5) 9.8% - 18.0% (2) 12.9 % 13.0 % Expected principal recovery percentage 0.0% - 100.0% 99.7 % 100.0 % Debt investments $ 163,492 Market approach Third-party quote 3.0 - 100.0 89.8 92.4 Total Level 3 investments $ 4,286,271 ______________________ (1) EBITDA may include proforma adjustments and/or other addbacks based on specific circumstances related to each investment. (2) Range excludes outliers that are greater than one standard deviation from the mean. Including these outliers, the range for EBITDA multiple is 2.0x - 15.7x and the range for risk adjusted discount factor is 7.0% - 31.6%. (3) The fair value of the equity investment in the External Investment Manager is based on a fee multiple of 7.2x. The fair value determination is based on a discounted, blended multiple based on the multiples for similar businesses in active markets and actual multiples used in private transactions. (4) Does not include investments for which the valuation technique does not include the use of the applicable fair value input. (5) Discount rate includes the effect of the standard SOFR base rate, as applicable. Type of Investment Fair Value as of December 31, 2022 (in thousands) Valuation Technique Significant Unobservable Inputs Range (4) Weighted Average (4) Median (4) Equity investments $ 1,172,077 Discounted cash flow WACC 9.4% - 22.5% 14.5 % 15.4 % Market comparable / Enterprise value EBITDA multiple (1) (3) 4.3x - 8.3x (2) 6.7x 6.0x Debt investments $ 2,663,958 Discounted cash flow Risk adjusted discount factor (5) 8.5% - 18.8%(2) 12.2 % 12.4 % Expected principal recovery percentage 0.0% - 100.0% 99.4 % 100.0 % Debt investments $ 264,238 Market approach Third-party quote 5.6 - 98.5 87.0 91.4 Total Level 3 investments $ 4,100,273 ______________________ (1) EBITDA may include proforma adjustments and/or other addbacks based on specific circumstances related to each investment. (2) Range excludes outliers that are greater than one standard deviation from the mean. Including these outliers, the range for EBITDA multiple is 2.0x - 15.7x and the range for risk adjusted discount factor is 6.5% - 43.3%. (3) The fair value of the equity investment in the External Investment Manager is based on a fee multiple of 6.1x. The fair value determination is based on a discounted, blended multiple based on the multiples for similar businesses in active markets and actual multiples used in private transactions. (4) Does not include investments for which the valuation technique does not include the use of the applicable fair value input. (5) Discount rate includes the effect of the standard LIBOR and SOFR base rate, as applicable. The following tables provide a summary of changes in fair value of Main Street’s Level 3 portfolio investments for the years ended December 31, 2023 and 2022 (amounts in thousands): Type of Investment Fair Value as of December 31, 2022 Transfers Into Level 3 Hierarchy Redemptions/ Repayments New Investments Net Changes from Unrealized to Realized Net Unrealized Appreciation (Depreciation) Other(1) Fair Value as of December 31, 2023 Debt $ 2,928,196 $ — $ (891,359) $ 800,838 $ 114,759 $ (24,629) $ (43,888) $ 2,883,917 Equity 1,166,643 — (46,829) 89,950 3,028 136,570 46,382 1,395,744 Equity Warrant 5,434 — (425) 2,091 425 1,661 (2,576) 6,610 $ 4,100,273 $ — $ (938,613) $ 892,879 $ 118,212 $ 113,602 $ (82) $ 4,286,271 ______________________ (1) Includes the impact of non-cash conversions. These transactions represent non-cash investing activities. See additional cash flow information in the Consolidated Statements of Cash Flows. Type of Investment Fair Value as of December 31, 2021 Transfers Into Level 3 Hierarchy Redemptions/ Repayments New Investments Net Changes from Unrealized to Realized Net Unrealized Appreciation (Depreciation) Other(1) Fair Value as of December 31, 2022 Debt $ 2,509,568 $ — $ (590,740) $ 1,085,808 $ 19,674 $ (89,178) $ (6,936) $ 2,928,196 Equity 1,043,709 — (55,197) 74,274 (12,234) 109,154 6,936 1,166,643 Equity Warrant 6,560 — (655) 1,036 (1,834) 327 — 5,434 $ 3,559,837 $ — $ (646,592) $ 1,161,118 $ 5,606 $ 20,303 $ — $ 4,100,273 ______________________ (1) Includes the impact of non-cash conversions. These transactions represent non-cash investing activities. See additional cash flow information in the Consolidated Statements of Cash Flows. At December 31, 2023 and 2022, Main Street’s investments at fair value were categorized as follows in the fair value hierarchy for ASC 820 purposes: Fair Value Measurements (in thousands) At December 31, 2023 Fair Value Quoted Prices in Significant Other Significant LMM portfolio investments $ 2,273,000 $ — $ — $ 2,273,000 Private Loan portfolio investments 1,453,549 — — 1,453,549 Middle Market portfolio investments 243,695 — — 243,695 Other Portfolio investments 141,964 — — 141,964 External Investment Manager 174,063 — — 174,063 Total investments $ 4,286,271 $ — $ — $ 4,286,271 Fair Value Measurements (in thousands) At December 31, 2022 Fair Value Quoted Prices in Significant Other Significant LMM portfolio investments $ 2,060,459 $ — $ — $ 2,060,459 Private Loan portfolio investments 1,471,466 — — 1,471,466 Middle Market portfolio investments 329,119 — — 329,119 Other Portfolio investments 116,299 — — 116,299 External Investment Manager 122,930 — — 122,930 Short-term portfolio investments 1,904 — 1,904 — Total investments $ 4,102,177 $ — $ 1,904 $ 4,100,273 Investment Portfolio Composition Main Street’s principal investment objective is to maximize its portfolio’s total return by generating current income from its debt investments and current income and capital appreciation from its equity and equity-related investments, including warrants, convertible securities and other rights to acquire equity securities in a portfolio company. Main Street seeks to achieve its investment objective through its LMM, Private Loan and Middle Market investment strategies. Main Street’s LMM investment strategy is focused on investments in secured debt, equity warrants and direct equity investments in privately held, LMM companies based in the United States. Main Street’s LMM portfolio companies generally have annual revenues between $10 million and $150 million, and its LMM investments generally range in size from $5 million to $100 million. The LMM debt investments are typically secured by a first priority lien on the assets of the portfolio company, can include either fixed or floating rate terms and generally have a term of between five Main Street’s private loan (“Private Loan”) investment strategy is focused on investments in privately held companies that are generally consistent with the size of its LMM portfolio companies or Middle Market portfolio companies, and its Private Loan investments generally range in size from $10 million to $75 million. Main Street’s Private Loan investments primarily consist of debt securities that have primarily been originated directly by Main Street or, to a lesser extent, through its strategic relationships with other investment funds on a collaborative basis through investments that are often referred to in the debt markets as “club deals” because of the small lender group size. In both cases, our Private Loan investments are typically made to support a company owned by or in the process of being acquired by a private equity sponsor. Main Street’s Private Loan portfolio debt investments are generally secured by a first priority lien on the assets of the portfolio company and typically have a term of between three Main Street’s Middle Market investment strategy is focused on investments in syndicated loans to or debt securities in Middle Market companies, which Main Street defines as companies with annual revenues between $150 million and $1.5 billion, and its Middle Market investments generally range in size from $3 million to $25 million. Main Street’s Middle Market portfolio debt investments are generally secured by a first priority lien on the assets of the portfolio company and typically have an expected duration of between three Main Street’s other portfolio (“Other Portfolio”) investments primarily consist of investments that are not consistent with the typical profiles for its LMM, Private Loan or Middle Market portfolio investments, including investments which may be managed by third parties. In the Other Portfolio, Main Street may incur indirect fees and expenses in connection with investments managed by third parties, such as investments in other investment companies or private funds. For Other Portfolio investments, Main Street generally receives distributions related to the assets held by the portfolio company. Those assets are typically expected to be liquidated over a five Based upon Main Street’s liquidity and capital structure management activities, Main Street’s Investment Portfolio may also include short-term portfolio investments that are atypical of Main Street’s LMM, Private Loan and Middle Market portfolio investments in that they are intended to be a short-term deployment of capital. Those assets are typically expected to be liquidated in one year or less. These short-term portfolio investments are not expected to be a significant portion of the overall Investment Portfolio. Main Street’s external asset management business is conducted through its External Investment Manager. The External Investment Manager earns management fees based on the assets under management for External Parties and may earn incentive fees, or a carried interest, based on the performance of the assets managed. Main Street entered into an agreement with the External Investment Manager to share employees in connection with its asset management business generally, and specifically for its relationship with MSC Income Fund, Inc. (“MSC Income”). Through this agreement, Main Street shares employees with the External Investment Manager, including their related infrastructure, business relationships, management expertise and capital raising capabilities. Main Street allocates the related expenses to the External Investment Manager pursuant to the sharing agreement. Main Street’s total expenses for the years ended December 31, 2023, 2022 and 2021 are net of expenses allocated to the External Investment Manager of $22.1 million, $13.0 million and $10.3 million, respectively. Investment income, consisting of interest, dividends and fees, can fluctuate dramatically due to various factors, including the level of new investment activity, repayments of debt investments or sales of equity interests. Investment income in any given year could also be highly concentrated among several portfolio companies. For the years ended December 31, 2023, 2022 and 2021, Main Street did not record investment income from any single portfolio company in excess of 10% of total investment income. The following tables provide a summary of Main Street’s investments in the LMM, Private Loan and Middle Market portfolios as of December 31, 2023 and 2022 (this information excludes Other Portfolio investments, short-term portfolio investments and the External Investment Manager, which are discussed further below): As of December 31, 2023 LMM (a) Private Loan Middle Market (dollars in millions) Number of portfolio companies 80 87 23 Fair value $ 2,273.0 $ 1,453.5 $ 243.7 Cost $ 1,782.9 $ 1,470.1 $ 294.4 Debt investments as a % of portfolio (at cost) 72.0 % 94.7 % 91.4 % Equity investments as a % of portfolio (at cost) 28.0 % 5.3 % 8.6 % % of debt investments at cost secured by first priority lien 99.2 % 100.0 % 99.1 % Weighted-average annual effective yield (b) 13.0 % 12.9 % 12.5 % Average EBITDA (c) $ 8.2 $ 27.2 $ 64.2 ______________________ (a) At December 31, 2023, Main Street had equity ownership in all of its LMM portfolio companies, and the average fully diluted equity ownership in those portfolio companies was 40%. (b) The weighted-average annual effective yields were computed using the effective interest rates for all debt investments at cost as of December 31, 2023, including amortization of deferred debt origination fees and accretion of original issue discount but excluding fees payable upon repayment of the debt instruments and any debt investments on non-accrual status. The weighted-average annual effective yield on Main Street’s debt portfolio as of December 31, 2023 including debt investments on non-accrual status was 12.9% for its LMM portfolio, 12.5% for its Private Loan portfolio and 10.8% for its Middle Market portfolio. The weighted-average annual effective yield is not reflective of what an investor in shares of Main Street’s common stock will realize on its investment because it does not reflect changes in the market value of Main Street’s stock, Main Street’s utilization of debt capital in its capital structure, Main Street’s expenses or any sales load paid by an investor. (c) The average EBITDA is calculated using a simple average for the LMM portfolio and a weighted-average for the Private Loan and Middle Market portfolios. These calculations exclude certain portfolio companies, including two LMM portfolio companies and two Private Loan portfolio companies, as EBITDA is not a meaningful valuation metric for Main Street’s investments in these portfolio companies, and those portfolio companies whose primary purpose is to own real estate. As of December 31, 2022 LMM (a) Private Loan Middle Market (dollars in millions) Number of portfolio companies 78 85 31 Fair value $ 2,060.5 $ 1,471.5 $ 329.1 Cost $ 1,719.9 $ 1,500.3 $ 401.7 Debt investments as a % of portfolio (at cost) 73.7 % 97.1 % 93.8 % Equity investments as a % of portfolio (at cost) 26.3 % 2.9 % 6.2 % % of debt investments at cost secured by first priority lien 99.1 % 99.6 % 98.8 % Weighted-average annual effective yield (b) 12.3 % 11.6 % 11.0 % Average EBITDA (c) $ 8.0 $ 38.1 $ 68.7 ______________________ (a) At December 31, 2022, Main Street had equity ownership in all of its LMM portfolio companies, and the average fully diluted equity ownership in those portfolio companies was 41%. (b) The weighted-average annual effective yields were computed using the effective interest rates for all debt investments at cost as of December 31, 2022, including amortization of deferred debt origination fees and accretion of original issue discount but excluding fees payable upon repayment of the debt instruments and any debt investments on non-accrual status. The weighted-average annual effective yield on Main Street’s debt portfolio as of December 31, 2022 including debt investments on non-accrual status was 11.6% for its LMM portfolio, 11.2% for its Private Loan portfolio and 10.3% for its Middle Market portfolio. The weighted-average annual effective yield is not reflective of what an investor in shares of Main Street’s common stock will realize on its investment because it does not reflect changes in the market value of Main Street’s stock, Main Street’s utilization of debt capital in its capital structure, Main Street’s expenses or any sales load paid by an investor. (c) The average EBITDA is calculated using a simple average for the LMM portfolio and a weighted-average for the Private Loan and Middle Market portfolios. These calculations exclude certain portfolio companies, including three LMM portfolio companies and two Private Loan portfolio companies, as EBITDA is not a meaningful valuation metric for Main Street’s investments in these portfolio companies, and those portfolio companies whose primary purpose is to own real estate. For the years ended December 31, 2023 and 2022, Main Street achieved a total return on investments of 16.3% and 11.1%, respectively. Total return on investments is calculated using the interest, dividend and fee income, as well as the realized and unrealized change in fair value of the Investment Portfolio for the specified period. Main Street’s total return on investments is not reflective of what an investor in shares of Main Street’s common stock will realize on its investment because it does not reflect changes in the market value of Main Street’s stock, Main Street’s utilization of debt capital in its capital structure, Main Street’s expenses or any sales load paid by an investor. As of December 31, 2023, Main Street had Other Portfolio investments in 15 entities, collectively totaling $142.0 million in fair value and $149.1 million in cost basis and which comprised 3.3% and 4.0% of Main Street’s Investment Portfolio at fair value and cost, respectively. As of December 31, 2022, Main Street had Other Portfolio investments in 14 entities, collectively totaling $116.3 million in fair value and $120.4 million in cost basis and which comprised 2.8% and 3.2% of Main Street’s Investment Portfolio at fair value and cost, respectively. As discussed further in Note A.1. — Organization and Basis of Presentation — Organization , Main Street holds an investment in the External Investment Manager, a wholly-owned subsidiary that is treated as a portfolio investment. As of December 31, 2023, this investment had a fair value of $174.1 million and a cost basis of $29.5 million, which comprised 4.1% and 0.8% of Main Street’s Investment Portfolio at fair value and cost, respectively. As of December 31, 2022, this investment had a fair value of $122.9 million and a cost basis of $29.5 million, which comprised 3.0% and 0.8% of Main Street’s Investment Portfolio at fair value and cost, respectively. The following tables summarize the composition of Main Street’s total combined LMM, Private Loan and Middle Market portfolio investments at cost and fair value by type of investment as a percentage of the total combined LMM, Private Loan and Middle Market portfolio investments, as of December 31, 2023 and 2022 (this information excludes Other Portfolio investments, short-term portfolio investments and the External Investment Manager, which are discussed above). Cost: December 31, 2023 December 31, 2022 First lien debt 82.7 % 85.0 % Equity 16.8 14.2 Second lien debt 0.1 0.3 Equity warrants 0.2 0.2 Other 0.2 0.3 100.0 % 100.0 % Fair Value: December 31, 2023 December 31, 2022 First lien debt 71.6 % 75.2 % Equity 27.8 24.1 Second lien debt 0.2 0.3 Equity warrants 0.2 0.1 Other 0.2 0.3 100.0 % 100.0 % The following tables summarize the composition of Main Street’s total combined LMM, Private Loan and Middle Market portfolio investments by geographic region of the United States and other countries at cost and fair value as a percentage of the total combined LMM, Private Loan and Middle Market portfolio investments, as of December 31, 2023 and 2022 (this information excludes Other Portfolio investments, short-term portfolio investments and the External Investment Manager). The geographic composition is determined by the location of the corporate headquarters of the portfolio company. Cost: December 31, 2023 December 31, 2022 West 25.8 % 28.5 % Northeast 22.3 19.0 Southwest 19.7 20.1 Midwest 17.0 16.3 Southeast 13.1 14.0 Canada 0.4 0.6 Other Non-United States 1.7 1.5 100.0 % 100.0 % Fair Value: December 31, 2023 December 31, 2022 West 25.4 % 28.7 % Southwest 22.0 21.4 Northeast 21.3 18.8 Midwest 18.1 16.6 Southeast 11.3 12.4 Canada 0.3 0.6 Other Non-United States 1.6 1.5 100.0 % 100.0 % Main Street’s LMM, Private Loan and Middle Market portfolio investments are in companies conducting business in a variety of industries. The following tables summarize the composition of Main Street’s total combined LMM, Private Loan and Middle Market portfolio investments by industry at cost and fair value as of December 31, 2023 and 2022 (this information excludes Other Portfolio investments, short-term portfolio investments and the External Investment Manager). Cost: December 31, 2023 December 31, 2022 Machinery 7.7 % 7.4 % Internet Software & Services 7.6 8.0 Professional Services 6.0 4.2 Health Care Providers & Services 5.4 4.7 IT Services 5.0 3.3 Construction & Engineering 4.9 5.8 Diversified Consumer Services 4.9 4.5 Commercial Services & Supplies 4.5 6.7 Distributors 4.3 5.1 Containers & Packaging 3.8 2.6 Textiles, Apparel & Luxury Goods 3.2 1.9 Leisure Equipment & Products 3.1 4.5 Tobacco 3.1 3.1 Aerospace & Defense 2.9 2.3 Energy Equipment & Services 2.7 3.7 Computers & Peripherals 2.7 2.2 Media 2.4 2.4 Specialty Retail 2.1 3.2 Software 2.0 1.9 Building Products 1.7 1.9 Diversified Financial Services 1.7 1.5 Electrical Equipment 1.6 1.0 Auto Components 1.6 1.7 Food Products 1.6 1.6 Food & Staples Retailing 1.6 1.2 Electronic Equipment, Instruments & Components 1.5 1.6 Internet & Catalog Retail 1.3 1.3 Health Care Equipment & Supplies 1.3 1.3 Communications Equipment 1.2 1.8 Hotels, Restaurants & Leisure 1.1 1.1 Chemicals 1.0 1.1 Household Products 1.0 0.4 Diversified Telecommunication Services 0.3 1.9 Other (1) 3.2 3.1 100.0 % 100.0 % ______________________ (1) Includes various industries with each industry individually less than 1.0% of the total combined LMM, Private Loan and Middle Market portfolio investments at each date. Fair Value: December 31, 2023 December 31, 2022 Machinery 8.8 % 8.4 % Diversified Consumer Services 7.1 6.8 Professional Services 6.5 3.8 Internet Software & Services 6.2 6.8 Construction & Engineering 5.1 5.7 Health Care Providers & Services 5.0 4.3 IT Services 4.6 3.1 Distributors 4.5 5.5 Computers & Peripherals 4.4 3.0 Commercial Services & Supplies 3.9 6.1 Containers & Packaging 3.9 2.8 Tobacco 3.2 3.4 Specialty Retail 2.7 3.5 Media 2.7 3.0 Aerospace & Defense 2.7 2.2 Textiles, Apparel & Luxury Goods 2.6 1.8 Energy Equipment & Services 2.5 2.7 Leisure Equipment & Products 2.5 4.0 Software 2.1 2.1 Electrical Equipment 1.7 1.0 Diversified Financial Services 1.6 1.7 Food Products 1.5 1.8 Building Products 1.5 1.9 Auto Components 1.5 1.6 Internet & Catalog Retail 1.2 1.3 Food & Staples Retailing 1.2 1.1 Air Freight & Logistics 1.1 0.9 Construction Materials 1.0 1.0 Health Care Equipment & Supplies 1.0 1.0 Chemicals 0.9 1.1 Diversified Telecommunication Services 0.2 1.8 Other (1) 4.6 4.8 100.0 % 100.0 % ______________________ (1) Includes various industries with each industry individually less than 1.0% of the total combined LMM, Private Loan and Middle Market portfolio investments at each date. At December 31, 2023 and 2022, Main Street had no portfolio investment that was greater than 10% of the Investment Portfolio at fair value. Unconsolidated Significant Subsidiaries In accordance with Rules 3-09 and 4-08(g) of Regulation S-X, Main Street must determine which of its unconsolidated controlled portfolio companies, if any, are considered “significant subsidiaries.” In evaluating its unconsolidated controlled portfolio companies in accordance with Regulation S-X, there are two tests that Main Street must utilize to determine if any of Main Street’s Control Investments (as defined in Note A — Organization and Basis of Presentation , including those unconsolidated portfolio companies defined as Control Investments in which Main Street does not own greater than 50% of the voting securities nor have rights to maintain greater than 50% of the board representation) are considered significant subsidiaries: the investment test and the income test. The investment test is generally measured by dividing Main Street’s investment in the Control Investment by the value of Main Street’s total investments. The income test is generally measured by divi |
EXTERNAL INVESTMENT MANAGER
EXTERNAL INVESTMENT MANAGER | 12 Months Ended |
Dec. 31, 2023 | |
Investments, All Other Investments [Abstract] | |
EXTERNAL INVESTMENT MANAGER | EXTERNAL INVESTMENT MANAGER As discussed further in Note A.1. — Organization and Basis of Presentation — Organization and Note C — Fair Value Hierarchy for Investments — Portfolio Composition — Investment Portfolio Composition , the External Investment Manager provides investment management and other services to External Parties. The External Investment Manager is accounted for as a portfolio investment of MSCC since the External Investment Manager conducts all of its investment management activities for External Parties. The External Investment Manager serves as the investment adviser and administrator to MSC Income pursuant to an Investment Advisory and Administrative Services Agreement entered into in October 2020 between the External Investment Manager and MSC Income (the “Advisory Agreement”). Under the Advisory Agreement, the External Investment Manager earns a 1.75% annual base management fee on MSC Income’s average total assets, an incentive fee equal to 20% of pre-investment fee net investment income above a specified investment return hurdle rate and a 20% incentive fee on cumulative net realized capital gains in exchange for providing advisory services to MSC Income. As described more fully in Note L — Related Party Transactions , the External Investment Manager also serves as the investment adviser and administrator to MS Private Loan Fund I, LP (the “Private Loan Fund”) and MS Private Loan Fund II, LP (the “Private Loan Fund II”), each a private investment fund with a strategy to co-invest with Main Street in Private Loan portfolio investments. The External Investment Manager entered into investment management agreements in December 2020 with the Private Loan Fund and in September 2023 with the Private Loan Fund II, pursuant to which the External Investment Manager provides investment advisory and management services to each fund in exchange for an asset-based fee and certain incentive fees. The External Investment Manager may also advise other clients, including funds and separately managed accounts, pursuant to advisory and services agreements with such clients in exchange for asset-based and incentive fees. The External Investment Manager provides administrative services for certain External Party clients that, to the extent not waived, are reported as administrative services fees. The administrative services fees generally represent expense reimbursements for a portion of the compensation, overhead and related expenses for certain professionals directly attributable to performing administrative services for clients. These fees are recognized as other revenue in the period in which the related services are rendered. Main Street determines the fair value of the External Investment Manager using the Waterfall valuation method under the market approach (see further discussion in Note B.1. — Summary of Significant Accounting Policies — Valuation of the Investment Portfolio ). Any change in fair value of the investment in the External Investment Manager is recognized on Main Street’s Consolidated Statements of Operations in “Net Unrealized Appreciation (Depreciation)—Control investments.” The External Investment Manager is an indirect wholly-owned subsidiary of MSCC owned through a Taxable Subsidiary and is a disregarded entity for tax purposes. The External Investment Manager has entered into a tax sharing agreement with its Taxable Subsidiary owner. Since the External Investment Manager is accounted for as a portfolio investment of Main Street and is not included as a consolidated subsidiary of Main Street in its consolidated financial statements, and as a result of the tax sharing agreement with its Taxable Subsidiary owner, for financial reporting purposes the External Investment Manager is treated as if it is taxed at corporate income tax rates based on its taxable income and, as a result of its activities, may generate income tax expense or benefit. Main Street owns the External Investment Manager through the Taxable Subsidiary to allow MSCC to continue to comply with the “source-of-income” requirements contained in the RIC tax provisions of the Code. The taxable income, or loss, of the External Investment Manager may differ from its book income, or loss, due to temporary book and tax timing differences and permanent differences. As a result of the above described financial reporting and tax treatment, the External Investment Manager provides for any income tax expense, or benefit, and any tax assets or liabilities in its separate financial statements. Main Street shares employees with the External Investment Manager and allocates costs related to such shared employees to the External Investment Manager generally based on a combination of the direct time spent, new investment origination activity and assets under management, depending on the nature of the expense. The total contribution of the External Investment Manager to Main Street’s net investment income consists of the combination of the expenses allocated to the External Investment Manager and the dividend income earned from the External Investment Manager. For the years ended December 31, 2023, 2022 and 2021, the total contribution to Main Street’s net investment income was $33.4 million, $22.3 million and $16.5 million, respectively. Summarized financial information from the separate financial statements of the External Investment Manager as of December 31, 2023 and 2022 and for the years ended December 31, 2023, 2022 and 2021 is as follows: As of December 31, 2023 As of December 31, 2022 (dollars in thousands) Accounts receivable - advisory clients $ 10,777 $ 8,130 Intangible Asset 29,500 29,500 Total assets $ 40,277 $ 37,630 Accounts payable to MSCC and its subsidiaries $ 7,551 $ 4,455 Dividend payable to MSCC and its subsidiaries 3,226 3,675 Equity 29,500 29,500 Total liabilities and equity $ 40,277 $ 37,630 Year Ended 2023 2022 2021 (dollars in thousands) Management fee income $ 22,424 $ 21,776 $ 17,665 Incentive fees 13,442 2,516 622 Administrative services fees 608 605 — Total revenues 36,474 24,897 18,287 Expenses allocated from MSCC or its subsidiaries: Salaries, share-based compensation and other personnel costs (18,794) (10,129) (8,417) Other G&A expenses (3,256) (2,835) (1,860) Total allocated expenses (22,050) (12,964) (10,277) Other direct G&A expenses (260) — — Total expenses (22,310) (12,964) (10,277) Pre-tax income 14,164 11,933 8,010 Tax expense (2,855) (2,636) (1,795) Net income $ 11,309 $ 9,297 $ 6,215 |
DEBT
DEBT | 12 Months Ended |
Dec. 31, 2023 | |
Debt Disclosure [Abstract] | |
DEBT | DEBT Summary of Mains Street’s debt as of December 31, 2023 is as follows: Outstanding Unamortized Debt Issuance (Costs)/Premiums (1) Recorded Value Estimated Fair Value (2) (dollars in thousands) Corporate Facility $ 200,000 $ — $ 200,000 $ 200,000 SPV Facility 160,000 — 160,000 160,000 July 2026 Notes 500,000 (1,338) 498,662 458,105 May 2024 Notes 450,000 182 450,182 447,246 SBIC Debentures 350,000 (5,465) 344,535 288,468 December 2025 Notes 150,000 (1,035) 148,965 151,155 Total Debt $ 1,810,000 $ (7,656) $ 1,802,344 $ 1,704,974 ___________________________ (1) The unamortized debt issuance costs for the Credit Facilities are reflected as Deferred financing costs on the Consolidated Balance Sheets, while the deferred debt issuance costs related to the July 2026 Notes, May 2024 Notes, SBIC Debentures and December 2025 Notes are reflected as contra-liabilities on the Consolidated Balance Sheets. (2) Estimated fair value for outstanding debt if Main Street had adopted the fair value option under ASC 825. See discussion of the methods used to estimate the fair value of Main Street’s debt in Note B.12. — Summary of Significant Accounting Policies — Fair Value of Financial Instruments . Summary of Main Street’s debt as of December 31, 2022 is as follows: Outstanding Unamortized Debt Issuance (Costs)/Premiums (1) Recorded Value Estimated Fair Value (2) (dollars in thousands) Corporate Facility $ 407,000 $ — $ 407,000 $ 407,000 SPV Facility 200,000 — 200,000 200,000 July 2026 Notes 500,000 (1,864) 498,136 434,250 May 2024 Notes 450,000 727 450,727 444,749 SBIC Debentures 350,000 (6,086) 343,914 290,204 December 2025 Notes 100,000 (675) 99,325 106,607 Total Debt $ 2,007,000 $ (7,898) $ 1,999,102 $ 1,882,810 ___________________________ (1) The unamortized debt issuance costs for the Credit Facilities are reflected as Deferred financing costs on the Consolidated Balance Sheets, while the deferred debt issuance costs related to the July 2026 Notes, May 2024 Notes, SBIC Debentures and December 2025 Notes are reflected as contra-liabilities on the Consolidated Balance Sheets. (2) Estimated fair value for outstanding debt if Main Street had adopted the fair value option under ASC 825. See discussion of the methods used to estimate the fair value of Main Street’s debt in Note B.12. — Summary of Significant Accounting Policies — Fair Value of Financial Instruments . Summarized interest expense for the years ended December 31, 2023, 2022 and 2021 is as follows: Year Ended December 31, 2023 2022 2021 (dollars in thousands) Corporate Facility $ 26,605 $ 18,820 $ 5,204 SPV Facility 14,491 1,375 — July 2026 Notes 15,526 15,526 10,988 May 2024 Notes 22,855 22,855 22,855 SBIC Debentures 11,394 11,337 10,857 December 2025 Notes 11,704 174 — December 2022 Notes — 8,189 8,932 Total Interest Expense $ 102,575 $ 78,276 $ 58,836 Corporate Facility Main Street maintains the Corporate Facility to provide additional liquidity to support its investment and operational activities. As of December 31, 2023, the Corporate Facility included total commitments of $995.0 million from a diversified group of 18 lenders and contained an accordion feature with the right to request an increase in commitments under the facility from new and existing lenders on the same terms and conditions as the existing commitments up to a total of $1.4 billion. The revolving period under the Corporate Facility expires in August 2026 and the Corporate Facility is scheduled to mature in August 2027. As of December 31, 2023, borrowings under the Corporate Facility bore interest, subject to Main Street’s election and resetting on a monthly basis on the first of each month, on a per annum basis at a rate equal to the applicable SOFR rate plus an applicable credit spread adjustment of 0.10% plus (i) 1.875% (or the applicable Prime rate plus 0.875%) as long as Main Street meets certain agreed upon excess collateral and maximum leverage requirements or (ii) 2.0% (or the applicable Prime Rate plus 1.0%) otherwise. Main Street pays unused commitment fees of 0.25% per annum on the unused lender commitments under the Corporate Facility. The Corporate Facility is secured by a first lien on the assets of MSCC and its subsidiaries, excluding the equity ownership or assets of the Funds and the External Investment Manager. In connection with the Corporate Facility, MSCC has made customary representations and warranties and is required to comply with various covenants, reporting requirements and other customary requirements for similar credit facilities. As of December 31, 2023, the interest rate on the Corporate Facility was 7.3%. The average interest rate for borrowings under the Corporate Facility was 7.0% and 3.6% for the years ended December 31, 2023 and 2022, respectively. As of December 31, 2023, Main Street was in compliance with all financial covenants of the Corporate Facility. SPV Facility Main Street, through MSCC Funding I, LLC (“MSCC Funding”), a wholly-owned Structured Subsidiary that primarily holds originated loan investments, maintains the SPV Facility to finance its investment and operational activities. As of December 31, 2023, the SPV Facility included total commitments of $430.0 million from a diversified group of six lenders and contained an accordion feature, subject to the satisfaction of various conditions, that could bring total commitments and borrowing availability to up to $450.0 million. The revolving period under the SPV Facility expires in November 2025 and the SPV Facility is scheduled to mature in November 2027. Advances under the SPV Facility bear interest at a per annum rate equal to the one-month SOFR in effect, plus a 0.10% credit spread adjustment plus an applicable margin of 2.50% during the revolving period and 2.625% and 2.75% during the first and second years thereafter, respectively. MSCC Funding pays a commitment fee of 0.50% per annum on the unused lender commitments up to 35% of the total lender commitments and 0.75% per annum on the unused lender commitments greater than 35% of the total lender commitments. The SPV Facility is secured by a collateral loan on the assets of MSCC Funding and its subsidiaries. In connection with the SPV Facility, MSCC Funding has made customary representations and warranties and is required to comply with various covenants, reporting requirements and other customary requirements for similar credit facilities. As of December 31, 2023, the interest rate on the SPV Facility was 7.9%. The average interest rate for borrowings under the SPV Facility was 7.6% and 6.7% for the years ended December 31, 2023 and 2022, respectively. As of December 31, 2023, MSCC Funding was in compliance with all financial covenants of the SPV Facility. MSCC Funding’s balance sheets as of December 31, 2023 and 2022 are as follows: Balance Sheets (dollars in thousands) December 31, 2023 December 31, 2022 ASSETS Investments at fair value: Non-Control Investments (cost: $315,373 and $314,752 as of December 31, 2023 and 2022, respectively) $ 317,392 $ 316,507 Cash and cash equivalents 12,817 10,838 Interest and dividend receivable and other assets 2,956 2,828 Accounts receivable to MSCC and its subsidiaries — 556 Receivable for securities sold — 369 Deferred financing costs (net of accumulated amortization of $783 and $141 as of December 31, 2023 and 2022, respectively) 3,829 2,630 Total assets $ 336,994 $ 333,728 LIABILITIES SPV Facility $ 160,000 $ 200,000 Accounts payable and other liabilities 7,170 112 Interest payable 1,135 1,272 Total liabilities 168,305 201,384 NET ASSETS Contributed capital 138,163 126,010 Total undistributed earnings 30,526 6,334 Total net assets 168,689 132,344 Total liabilities and net assets $ 336,994 $ 333,728 MSCC Funding’s statements of operations for the year ended December 31, 2023 and the period from November 22, 2022 to December 31, 2022 are as follows: Statements of Operations (dollars in thousands) Year Ended December 31, Period from November 22, 2022 to December 31, 2023 2022 INVESTMENT INCOME: Interest, fee and dividend income: Non‑Control/Non‑Affiliate investments $ 40,152 $ 3,454 Total investment income 40,152 3,454 EXPENSES: Interest (14,491) (1,414) Management Fee to MSCC (1,603) (89) General and administrative (130) (25) Total expenses (16,224) (1,528) NET INVESTMENT INCOME 23,928 1,926 NET UNREALIZED APPRECIATION (DEPRECIATION): Non‑Control/Non‑Affiliate investments 264 4,408 Total net unrealized appreciation (depreciation) 264 4,408 NET INCREASE IN NET ASSETS RESULTING FROM OPERATIONS $ 24,192 $ 6,334 July 2026 Notes In January 2021, Main Street issued $300.0 million in aggregate principal amount of 3.00% unsecured notes due July 14, 2026 (the “July 2026 Notes”) at an issue price of 99.004%. Subsequently, in October 2021, Main Street issued an additional $200.0 million aggregate principal amount of the July 2026 Notes at an issue price of 101.741%. The July 2026 Notes issued in October 2021 have identical terms as, and are a part of a single series with, the July 2026 Notes issued in January 2021. The July 2026 Notes are unsecured obligations and rank pari passu with Main Street’s current and future unsecured indebtedness. The July 2026 Notes may be redeemed in whole or in part at any time at Main Street’s option subject to certain make-whole provisions. The July 2026 Notes bear interest at a rate of 3.00% per year payable semiannually on January 14 and July 14 of each year. As of December 31, 2023, Main Street was in compliance with all covenants and other requirements of the July 2026 Notes. May 2024 Notes In April 2019, Main Street issued $250.0 million in aggregate principal amount of 5.20% unsecured notes due May 1, 2024 (the “May 2024 Notes”) at an issue price of 99.125%. Subsequently, in December 2019, Main Street issued an additional $75.0 million aggregate principal amount of the May 2024 Notes at an issue price of 105.0% and, i n July 2020, Main Street issued an additional $125.0 million aggregate principal amount at an issue price of 102.7%. The May 2024 Notes issued in December 2019 and July 2020 have identical terms as, and are a part of a single series with, the May 2024 Notes issued in April 2019. The May 2024 Notes are unsecured obligations and rank pari passu with Main Street’s current and future unsecured indebtedness. The May 2024 Notes may be redeemed in whole or in part at any time at Main Street’s option subject to certain make-whole provisions. The May 2024 Notes bear interest at a rate of 5.20% per year payable semiannually on May 1 and November 1 of each year. As of December 31, 2023, Main Street was in compliance with all covenants and other requirements of the May 2024 Notes. SBIC Debentures Under existing SBIC regulations, SBA-approved SBICs under common control have the ability to issue debentures guaranteed by the SBA up to a regulatory maximum amount of $350.0 million. Main Street’s SBIC debentures payable, under existing SBA-approved commitments, were $350.0 million as of both December 31, 2023 and December 31, 2022. SBIC debentures provide for interest to be paid semiannually, with principal due at the applicable 10-year maturity date of each debenture. Main Street expects to maintain SBIC debentures under the SBIC program in the future, subject to periodic repayments and borrowings, in an amount up to the regulatory maximum amount for affiliated SBIC funds. The weighted-average annual interest rate on the SBIC debentures was 3.0% and 2.9% as of December 31, 2023 and December 31, 2022, respectively. The first principal maturity due under the existing SBIC debentures is in 2024, and the weighted-average remaining duration as of December 31, 2023 was 4.6 years. In accordance with SBIC regulations, the Funds are precluded from incurring additional non-SBIC debt without the prior approval of the SBA. As of December 31, 2023, the SBIC debentures consisted of (i) $175.0 million par value of SBIC debentures outstanding issued by MSMF, with a recorded value of $172.0 million that was net of unamortized debt issuance costs of $3.0 million, and (ii) $175.0 million par value of SBIC debentures issued by MSC III, with a recorded value of $172.5 million that was net of unamortized debt issuance costs of $2.5 million. The maturity dates and fixed interest rates for Main Street’s SBIC debentures as of December 31, 2023 and 2022 are summarized as follows: Maturity Date Fixed Interest Rate Principal Balance December 31, December 31, 3/1/2023 3.16% $ — $ 16,000,000 3/1/2024 3.95% 39,000,000 39,000,000 3/1/2024 3.55% 24,800,000 24,800,000 3/1/2027 3.52% 40,400,000 40,400,000 9/1/2027 3.19% 34,600,000 34,600,000 3/1/2028 3.41% 43,000,000 43,000,000 9/1/2028 3.55% 32,000,000 32,000,000 3/1/2030 2.35% 15,000,000 15,000,000 9/1/2030 1.13% 10,000,000 10,000,000 9/1/2030 1.31% 10,000,000 10,000,000 3/1/2031 1.94% 25,200,000 25,200,000 9/1/2031 1.58% 60,000,000 60,000,000 9/1/2033 5.74% 16,000,000 — Ending Balance $ 350,000,000 $ 350,000,000 December 2025 Notes In December 2022, Main Street issued $100.0 million in aggregate principal amount of 7.84% Series A unsecured notes due December 23, 2025 (the “December 2025 Series A Notes”) at par. In February 2023, Main Street issued an additional $50.0 million in aggregate principal amount of 7.53% Series B unsecured notes due December 23, 2025 (the “December 2025 Series B Notes” and, together with the December 2025 Series A Notes, the “December 2025 Notes”) at par. The December 2025 Notes are unsecured obligations and rank pari passu with Main Street’s current and future unsecured indebtedness. The December 2025 Notes may be redeemed in whole or in part at any time at Main Street’s option at par plus accrued interest to the prepayment date, subject to certain make-whole provisions. The December 2025 Series A Notes and the December 2025 Series B Notes bear interest at a rate of 7.84% and 7.53% per year, respectively, payable semiannually on June 23 and December 23 of each year. In addition, Main Street is obligated to offer to repay the December 2025 Notes at par plus accrued and unpaid interest if certain change in control events occur. The December 2025 Notes will bear interest at an increased rate from the date that (i) the December 2025 Notes receive a below investment grade rating by a rating agency if there is one or two rating agencies providing ratings of the December 2025 Notes, or two-thirds of the rating agencies if there are three rating agencies who are rating the notes (a “Below Investment Grade Event”), or (ii) the ratio of the Company’s consolidated secured indebtedness (other than indebtedness of the Funds or any Structured Subsidiaries) to the value of its consolidated total assets is greater than 0.35 to 1.00 (a “Secured Debt Ratio Event”), to and until the date on which the Below Investment Grade Event and the Secured Debt Ratio Event are no longer continuing. The governing agreement for the December 2025 Notes contains customary terms and conditions for senior unsecured notes issued in a private placement, as well as customary events of default with customary cure and notice periods. As of December 31, 2023, Main Street was in compliance with all covenants and other requirements of the December 2025 Notes. December 2022 Notes In November 2017, Main Street issued $185.0 million in aggregate principal amount of 4.50% unsecured notes due December 1, 2022 (the “December 2022 Notes”) at an issue price of 99.16%. The December 2022 Notes bore interest at a rate of 4.50% per year payable semiannually on June 1 and December 1 of each year. In December 2022, Main Street repaid the entire principal amount of the issued and outstanding December 2022 Notes at par value plus the accrued and unpaid interest. Contractual Payment Obligations A summary of Main Street’s contractual payment obligations for the repayment of outstanding indebtedness at December 31, 2023 is as follows: 2024 2025 2026 2027 2028 Thereafter Total (dollars in thousands) Corporate Facility $ — $ — $ — $ 200,000 $ — $ — $ 200,000 SPV Facility — — — 160,000 — — 160,000 July 2026 Notes — — 500,000 — — — 500,000 May 2024 Notes 450,000 — — — — — 450,000 SBIC debentures 63,800 — — 75,000 75,000 136,200 350,000 December 2025 Notes — 150,000 — — — — 150,000 Total $ 513,800 $ 150,000 $ 500,000 $ 435,000 $ 75,000 $ 136,200 $ 1,810,000 Senior Securities Information about Main Street’s senior securities is shown in the following table as of December 31 for the years indicated in the table, unless otherwise noted. Total Amount Outstanding Exclusive of Treasury Securities(1) Asset Coverage per Unit(2) Involuntary Liquidating Preference per Unit(3) Average Market Value per Unit(4) (dollars in thousands) SBIC Debentures 2014 $ 225,000 $ 2,323 — N/A Total Amount Outstanding Exclusive of Treasury Securities(1) Asset Coverage per Unit(2) Involuntary Liquidating Preference per Unit(3) Average Market Value per Unit(4) (dollars in thousands) 2015 225,000 2,368 — N/A 2016 240,000 2,415 — N/A 2017 295,800 2,687 — N/A 2018 345,800 2,455 — N/A 2019 311,800 2,363 — N/A 2020 309,800 2,244 — N/A 2021 350,000 1,985 — N/A 2022 350,000 2,044 — N/A 2023 350,000 2,364 — N/A Corporate Facility 2014 $ 218,000 $ 2,323 — N/A 2015 291,000 2,368 — N/A 2016 343,000 2,415 — N/A 2017 64,000 2,687 — N/A 2018 301,000 2,455 — N/A 2019 300,000 2,363 — N/A 2020 269,000 2,244 — N/A 2021 320,000 1,985 — N/A 2022 407,000 2,044 — N/A 2023 200,000 2,364 — N/A SPV Facility 2022 $ 200,000 $ 2,044 — N/A 2023 160,000 2,364 — N/A April 2023 Notes 2014 $ 90,823 $ 2,323 — $ 24.78 2015 90,738 2,368 — 25.40 2016 90,655 2,415 — 25.76 2017 90,655 2,687 — 25.93 December 2019 Notes 2014 $ 175,000 $ 2,323 — N/A 2015 175,000 2,368 — N/A 2016 175,000 2,415 — N/A 2017 175,000 2,687 — N/A 2018 175,000 2,455 — N/A December 2022 Notes 2017 $ 185,000 $ 2,687 — N/A 2018 185,000 2,455 — N/A 2019 185,000 2,363 — N/A Total Amount Outstanding Exclusive of Treasury Securities(1) Asset Coverage per Unit(2) Involuntary Liquidating Preference per Unit(3) Average Market Value per Unit(4) (dollars in thousands) 2020 185,000 2,244 — N/A 2021 185,000 1,985 — N/A May 2024 Notes 2019 $ 325,000 $ 2,363 — N/A 2020 450,000 2,244 — N/A 2021 450,000 1,985 — N/A 2022 450,000 2,044 — N/A 2023 450,000 2,364 — N/A July 2026 Notes 2021 $ 500,000 $ 1,985 — N/A 2022 500,000 2,044 — N/A 2023 500,000 2,364 — N/A December 2025 Notes 2022 $ 100,000 $ 2,044 — N/A 2023 150,000 2,364 — N/A ___________________________ (1) Total amount of each class of senior securities outstanding at the end of the period presented. (2) Asset coverage per unit is the ratio of the carrying value of Main Street’s total consolidated assets, less all liabilities and indebtedness not represented by senior securities, to the aggregate amount of senior securities representing indebtedness. Asset coverage per unit is expressed in terms of dollar amounts per $1,000 of indebtedness. (3) The amount to which such class of senior security would be entitled upon the involuntary liquidation of the issuer in preference to any security junior to it. The “—” indicates information that the SEC expressly does not require to be disclosed for certain types of senior securities. (4) Average market value per unit for the April 2023 Notes represents the average of the daily closing prices as reported on the NYSE during the period presented. Average market value per unit for all other senior securities included in the table is not applicable because these are not registered for public trading. |
FINANCIAL HIGHLIGHTS
FINANCIAL HIGHLIGHTS | 12 Months Ended |
Dec. 31, 2023 | |
Investment Company [Abstract] | |
FINANCIAL HIGHLIGHTS | FINANCIAL HIGHLIGHTS The following is a schedule of financial highlights of Main Street for the years ended December 31, 2023, 2022, 2021, 2020, 2019, 2018, 2017, 2016, 2015 and 2014: Year Ended December 31, Per Share Data: 2023 2022 2021 2020 2019 NAV at the beginning of the period $ 26.86 $ 25.29 $ 22.35 $ 23.91 $ 24.09 Net investment income (1) 4.14 3.29 2.65 2.10 2.50 Net realized gain (loss) (1)(2) (1.47) (0.07) 0.66 (1.77) (0.33) Net unrealized appreciation (depreciation) (1)(2) 2.84 0.33 1.97 (0.09) (0.09) Income tax benefit (provision) (1)(2) (0.28) (0.31) (0.48) 0.21 (0.02) Net increase in net assets resulting from operations (1) 5.23 3.24 4.80 0.45 2.06 Dividends paid from net investment income (3.70) (2.95) (2.58) (2.46) (2.91) Dividends paid (3.70) (2.95) (2.58) (2.46) (2.91) Impact of the net change in monthly dividends declared prior to the end of the period and paid in the subsequent period (0.01) (0.01) (0.01) — (0.01) Accretive effect of stock offerings (issuing shares above NAV per share) 0.67 1.17 0.58 0.41 0.55 Accretive effect of DRIP issuance (issuing shares above NAV per share) 0.10 0.09 0.09 0.08 0.12 Other (3) 0.05 0.03 0.06 (0.04) 0.01 NAV at the end of the period $ 29.20 $ 26.86 $ 25.29 $ 22.35 $ 23.91 Market value at the end of the period $ 43.23 $ 36.95 $ 44.86 $ 32.26 $ 43.11 Shares outstanding at the end of the period 84,833,002 78,506,816 70,737,021 67,762,032 64,252,937 Year Ended December 31, Per Share Data: 2018 2017 2016 2015 2014 NAV at the beginning of the period $ 23.53 $ 22.10 $ 21.24 $ 20.85 $ 19.89 Net investment income (1) 2.60 2.39 2.23 2.18 2.20 Net realized gain (loss) (1)(2) (0.03) 0.19 0.56 (0.43) 0.53 Net unrealized appreciation (depreciation) (1)(2) 0.32 0.86 (0.14) 0.20 (0.27) Income tax benefit (provision) (1)(2) (0.09) (0.43) 0.02 0.18 (0.15) Net increase in net assets resulting from operations (1) 2.80 3.01 2.67 2.13 2.31 Dividends paid from net investment income (2.69) (2.47) (1.99) (2.49) (2.17) Distributions from capital gains (0.16) (0.32) (0.74) (0.16) (0.38) Dividends paid (2.85) (2.79) (2.73) (2.65) (2.55) Impact of the net change in monthly dividends declared prior to the end of the period and paid in the subsequent period (0.01) (0.01) (0.01) (0.01) (0.01) Accretive effect of stock offerings (issuing shares above NAV per share) 0.47 1.07 0.76 0.74 1.07 Accretive effect of DRIP issuance (issuing shares above NAV per share) 0.09 0.06 0.08 0.12 0.12 Other (3) 0.06 0.09 0.09 0.06 0.02 NAV at the end of the period $ 24.09 $ 23.53 $ 22.10 $ 21.24 $ 20.85 Market value at the end of the period $ 33.81 $ 39.73 $ 36.77 $ 29.08 $ 29.24 Shares outstanding at the end of the period 61,264,861 58,660,680 54,354,857 50,413,744 45,079,150 ___________________________ (1) Based on weighted-average number of common shares outstanding for the period. (2) Net realized gains or losses, net unrealized appreciation or depreciation and income tax provision or benefit can fluctuate significantly from period to period. (3) Includes the impact of the different share amounts as a result of calculating certain per share data based on the weighted-average basic shares outstanding during the period and certain per share data based on the shares outstanding as of a period end or transaction date. Year Ended December 31, 2023 2022 2021 2020 2019 (dollars in thousands) NAV at end of period $ 2,477,399 $ 2,108,586 $ 1,788,846 $ 1,514,767 $ 1,536,390 Average NAV $ 2,276,932 $ 1,923,134 $ 1,626,585 $ 1,436,291 $ 1,517,615 Average outstanding debt $ 1,951,923 $ 1,882,462 $ 1,417,831 $ 1,152,108 $ 1,055,800 Ratio of total expenses, including income tax expense, to average NAV (1) 8.08 % 8.05 % 8.56 % 4.95 % 5.75 % Ratio of operating expenses to average NAV (2) 7.09 % 6.84 % 6.54 % 5.89 % 5.67 % Ratio of operating expenses, excluding interest expense, to average NAV (2) 2.58 % 2.77 % 2.92 % 2.44 % 2.36 % Ratio of net investment income to average NAV 14.89 % 12.76 % 11.23 % 9.60 % 10.37 % Portfolio turnover ratio 19.24 % 16.79 % 29.81 % 18.00 % 18.86 % Total investment return (3) 28.23 % (11.18) % 48.24 % (19.11) % 36.86 % Total return based on change in NAV (4) 20.32 % 13.51 % 21.84 % 1.91 % 8.78 % Year Ended December 31, 2018 2017 2016 2015 2014 (dollars in thousands) NAV at end of period $ 1,476,049 $ 1,380,368 $ 1,201,481 $ 1,070,894 $ 939,982 Average NAV $ 1,441,163 $ 1,287,639 $ 1,118,567 $ 1,053,313 $ 885,568 Average outstanding debt $ 947,694 $ 843,993 $ 801,048 $ 759,396 $ 575,524 Ratio of total expenses, including income tax expense, to average NAV (1) 5.75 % 7.37 % 5.48 % 4.63 % 5.82 % Ratio of operating expenses to average NAV (2) 5.32 % 5.47 % 5.59 % 5.45 % 5.11 % Ratio of operating expenses, excluding interest expense, to average NAV (2) 2.30 % 2.63 % 2.58 % 2.41 % 2.44 % Ratio of net investment income to average NAV 10.87 % 10.51 % 10.35 % 10.15 % 10.79 % Portfolio turnover ratio 29.13 % 38.18 % 24.63 % 25.37 % 35.71 % Total investment return (3) (8.25) % 16.02 % 37.36 % 8.49 % (3.09) % Total return based on change in NAV (4) 12.19 % 14.20 % 12.97 % 11.11 % 12.71 % ___________________________ (1) Total expenses are the sum of operating expenses and net income tax provision or benefit. Net income tax provision or benefit includes the accrual of net deferred tax provision or benefit relating to the net unrealized appreciation or depreciation on portfolio investments held in Taxable Subsidiaries and due to the change in the loss and interest expense carryforwards, which are non-cash in nature and may vary significantly from period to period. Main Street is required to include net deferred tax provision or benefit in calculating its total expenses even though these net deferred taxes are not currently payable or receivable. (2) Unless otherwise noted, operating expenses include interest, compensation, general and administrative and share-based compensation expenses, net of expenses allocated to the External Investment Manager of $22.1 million, $13.0 million, $10.3 million, $7.4 million, $6.7 million, $6.8 million, $6.4 million, $5.1 million, $4.3 million and $2.0 million for the years ended December 31, 2023, 2022, 2021, 2020, 2019, 2018, 2017, 2016, 2015 and 2014, respectively. (3) Total investment return is based on the purchase of stock at the current market price on the first day and a sale at the current market price on the last day of each period reported on the table and assumes reinvestment of dividends at prices obtained by Main Street’s dividend reinvestment plan during the period. The return does not reflect any sales load that may be paid by an investor. (4) Total return based on change in NAV was calculated using the sum of ending NAV plus dividends to stockholders and other non-operating changes during the period, divided by the beginning NAV. Non-operating changes include any items that affect NAV other than the net increase in net assets resulting from operations, such as the effects of stock offerings, shares issued under the DRIP and equity incentive plans and other miscellaneous items. |
DIVIDENDS, DISTRIBUTIONS AND TA
DIVIDENDS, DISTRIBUTIONS AND TAXABLE INCOME | 12 Months Ended |
Dec. 31, 2023 | |
Income Tax Disclosure [Abstract] | |
DIVIDENDS, DISTRIBUTIONS AND TAXABLE INCOME | DIVIDENDS, DISTRIBUTIONS AND TAXABLE INCOME Main Street currently pays regular monthly dividends to its stockholders and periodically pays supplemental dividends to its stockholders. Future dividends, if any, will be determined by its Board of Directors on a quarterly basis. During 2023, Main Street paid regular monthly dividends of $0.225 per share for each month of January through June, regular monthly dividends of $0.23 per share for each month of July through September and regular monthly dividends of $0.235 per share for each month of October through December. The 2023 regular monthly dividends, which total $224.3 million, or $2.745 per share, represent a 5.8% increase from the regular monthly dividends paid totaling $192.3 million, or $2.595 per share, for the year ended December 31, 2022. During 2023, Main Street also paid supplemental dividends of $0.175 per share in March, $0.225 per share in June, $0.275 per share in September and $0.275 per share in December, totaling $78.6 million, or $0.95 per share. During 2022, Main Street paid supplemental dividends of $0.075 per share in March, $0.075 per share in June, $0.10 per share in September and $0.10 per share in December, totaling $26.4 million, or $0.35 per share. During 2023, the regular monthly dividends and supplemental dividends paid totaled $302.9 million, or $3.695 per share, representing a 25.5% increase from the total dividends paid during the year ended December 31, 2022. During the year ended December 31, 2022, the regular monthly dividends and supplemental dividends paid totaled $218.7 million, or $2.945 per share. For tax purposes, the 2023 dividends were comprised of (i) ordinary income totaling $3.394 per share and (ii) qualified dividend income totaling $0.301 per share. As of December 31, 2023, Main Street estimates that it has generated undistributed taxable income of $76.5 million, or $0.90 per share, that will be carried forward toward distributions to be paid in 2024. MSCC has elected to be treated for U.S. federal income tax purposes as a RIC. MSCC’s taxable income includes the taxable income generated by MSCC and certain of its subsidiaries, including the Funds and Structured Subsidiaries, which are treated as disregarded entities for tax purposes. As a RIC, MSCC generally will not pay corporate-level U.S. federal income taxes on any net ordinary taxable income or capital gains that MSCC distributes to its stockholders. MSCC must generally distribute at least 90% of its “investment company taxable income” (which is generally its net ordinary taxable income and realized net short-term capital gains in excess of realized net long-term capital losses) and 90% of its tax-exempt income to maintain its RIC status (pass-through tax treatment for amounts distributed). As part of maintaining RIC status, undistributed taxable income (subject to a 4% non-deductible U.S. federal excise tax) pertaining to a given fiscal year may be distributed up to twelve months subsequent to the end of that fiscal year, provided such dividends are declared on or prior to the later of (i) filing of the U.S. federal income tax return for the applicable fiscal year or (ii) the fifteenth day of the ninth month following the close of the year in which such taxable income was generated. The determination of the tax attributes for Main Street’s distributions is made annually, based upon its taxable income for the full year and distributions paid for the full year. Therefore, a determination made on an interim basis may not be representative of the actual tax attributes of distributions for a full year. Ordinary dividend distributions from a RIC do not qualify for the 20% maximum tax rate (plus a 3.8% Medicare surtax, if applicable) on dividend income from domestic corporations and qualified foreign corporations, except to the extent that the RIC received the income in the form of qualifying dividends from domestic corporations and qualified foreign corporations. The tax attributes for distributions will generally include both ordinary income and qualified dividends, but may also include either one or both of capital gains and return of capital. The tax character of distributions paid for the years ended December 31, 2023, 2022 and 2021 was as follows: Year Ended December 31, 2023 2022 2021 (dollars in thousands) Ordinary income (1) $ 278,165 $ 195,238 $ 129,625 Qualified dividends 24,100 22,991 47,202 Distributions on tax basis $ 302,265 $ 218,229 $ 176,827 ___________________________ (1) The years ended December 31, 2023, 2022 and 2021 include $3.3 million, $2.3 million and $1.8 million, respectively, that was reported for tax purposes as compensation for services in accordance with Section 83 of the Code. Listed below is a reconciliation of “Net increase in net assets resulting from operations” to taxable income and to total distributions declared to common stockholders for the years ended December 31, 2023, 2022 and 2021. Year Ended December 31, 2023 2022 2021 (estimated, dollars in thousands) Net increase in net assets resulting from operations $ 428,447 $ 241,606 $ 330,762 Book-tax difference from share-based compensation expense 962 142 (3,213) Net unrealized appreciation (232,577) (24,816) (135,624) Income tax provision 22,642 23,325 32,863 Pre-tax book loss (income) not consolidated for tax purposes 20,726 (37,630) (59,634) Book income and tax income differences, including debt origination, structuring fees, dividends, realized gains and changes in estimates 72,389 17,043 39,819 Estimated taxable income (1) 312,589 219,670 204,973 Taxable income earned in prior year and carried forward for distribution in current year 49,216 50,834 24,359 Taxable income earned prior to period end and carried forward for distribution next period (76,510) (66,892) (65,994) Dividend payable as of period end and paid in the following period 20,368 17,676 15,159 Total distributions accrued or paid to common stockholders $ 305,663 $ 221,288 $ 178,497 ___________________________ (1) MSCC’s taxable income for each period is an estimate and will not be finally determined until MSCC files its tax return for each year. Therefore, the final taxable income, and the taxable income earned in each period and carried forward for distribution in the following period, may be different than this estimate. The Taxable Subsidiaries primarily hold certain equity investments for Main Street. The Taxable Subsidiaries permit Main Street to hold equity investments in portfolio companies which are “pass-through” entities for tax purposes and to continue to comply with the “source-of-income” requirements contained in the RIC tax provisions of the Code. The Taxable Subsidiaries are consolidated with MSCC for U.S. GAAP financial reporting purposes, and the portfolio investments held by the Taxable Subsidiaries are included in Main Street’s consolidated financial statements as portfolio investments and recorded at fair value. The Taxable Subsidiaries are not consolidated with MSCC for income tax purposes and may generate income tax expense, or benefit, and tax assets and liabilities, as a result of their ownership of certain portfolio investments. The taxable income, or loss, of the Taxable Subsidiaries may differ from their book income, or loss, due to temporary book and tax timing differences and permanent differences. The Taxable Subsidiaries are each taxed at corporate income tax rates based on their taxable income. The income tax expense, or benefit, if any, and the related tax assets and liabilities, of the Taxable Subsidiaries are reflected in Main Street’s consolidated financial statements. The income tax provision for Main Street is generally composed of (i) deferred tax expense, which is primarily the result of the net activity relating to the portfolio investments held in the Taxable Subsidiaries, including changes in loss carryforwards, changes in net unrealized appreciation or depreciation and other temporary book tax differences, and (ii) current tax expense (benefit), which is primarily the result of current U.S. federal income and state taxes and excise taxes on Main Street’s estimated undistributed taxable income. The income tax expense, or benefit, and the related tax assets and liabilities generated by the Taxable Subsidiaries, if any, are reflected in Main Street’s Consolidated Statements of Operations. Main Street’s provision for income taxes was comprised of the following for the years ended December 31, 2023, 2022 and 2021: Year Ended December 31, 2023 2022 2021 (dollars in thousands) Current tax expense (benefit): Federal $ 1,198 $ 516 $ (235) State 2,245 1,845 3,377 Excise 3,190 2,838 2,590 Total current tax expense 6,633 5,199 5,732 Deferred tax expense: Federal 14,181 13,176 23,205 State 1,828 4,950 3,926 Total deferred tax expense 16,009 18,126 27,131 Total income tax provision $ 22,642 $ 23,325 $ 32,863 MSCC operates in a manner to maintain its RIC status and to eliminate corporate-level U.S. federal income tax (other than the 4% excise tax) by distributing sufficient investment company taxable income and long-term capital gains. As a result, MSCC will have an effective tax rate equal to 0% before the excise tax and income taxes incurred by the Taxable Subsidiaries. As such, a reconciliation of the differences between Main Street’s reported income tax expense and its tax expense at the federal statutory rate of 21% is not meaningful. As of December 31, 2023, the cost of investments for U.S. federal income tax purposes was $3,602.7 million, with such investments having an estimated net unrealized appreciation of $683.7 million, composed of gross unrealized appreciation of $970.4 million and gross unrealized depreciation of $286.7 million. The following table sets forth the significant components of net deferred tax assets and liabilities as of December 31, 2023 and 2022: Year Ended December 31, 2023 2022 (dollars in thousands) Deferred tax assets: Net operating loss carryforwards $ 39,079 $ 35,043 Interest expense carryforwards 20,126 6,171 Other 4,190 3,401 Total deferred tax assets 63,395 44,615 Deferred tax liabilities: Net unrealized appreciation of portfolio investments (90,981) (64,219) Net basis differences in portfolio investments (36,272) (28,245) Total deferred tax liabilities (127,253) (92,464) Total deferred tax liabilities, net $ (63,858) $ (47,849) The net deferred tax liability at December 31, 2023 and 2022 was $63.9 million and $47.8 million, respectively, with the change primarily related to changes in net unrealized appreciation or depreciation, changes in loss or interest expense carryforwards, and other temporary book-tax differences relating to portfolio investments held by the Taxable Subsidiaries. Management believes that the realization of the deferred tax assets is more likely than not based on expectations as to future taxable income and scheduled reversals of temporary differences. Accordingly, Main Street did not record a valuation allowance related to its deferred tax assets at December 31, 2023 and 2022. At December 31, 2023, for U.S. federal income tax purposes, the Taxable Subsidiaries had a net operating loss carryforward from prior years which, if unused, will expire in various taxable years from 2035 through 2037. Any net operating losses generated in 2018 and future periods are not subject to expiration and will carryforward indefinitely until utilized. Additionally, the Taxable Subsidiaries have interest expense limitation carryforwards which have an indefinite carryforward period. In addition, as of December 31, 2023, for U.S. federal income tax purposes at the RIC level, MSCC had net capital loss carryforwards totaling $60.3 million available to offset future capital gains, to the extent available and permitted by U.S. federal income tax law. However, as long as MSCC maintains its RIC status, any capital loss carryforwards at the RIC are not subject to a federal income tax-effect and are not subject to an expiration date. |
COMMON STOCK
COMMON STOCK | 12 Months Ended |
Dec. 31, 2023 | |
Equity [Abstract] | |
COMMON STOCK | COMMON STOCK Main Street maintains a program with certain selling agents through which it can sell shares of its common stock by means of at-the-market offerings from time to time (the “ATM Program”). During the year ended December 31, 2023, Main Street sold 5,149,460 shares of its common stock at a weighted-average price of $39.94 per share and raised $205.7 million of gross proceeds under the ATM Program. Net proceeds were $203.3 million after commissions to the selling agents on shares sold and offering costs. As of December 31, 2023, sales transactions representing 2,323 shares had not settled and are not included in shares issued and outstanding on the face of the Consolidate Balance Sheets but are included in the weighted average shares outstanding in the Consolidated Statements of Operations and in the shares used to calculate the NAV per share. In March 2022, Main Street entered into new distribution agreements to sell up to 15,000,000 shares through the ATM Program. As of December 31, 2023, 5,313,224 shares remained available for sale under the ATM Program. During the year ended December 31, 2022, Main Street sold 5,407,382 shares of its common stock at a weighted-average price of $39.29 per share and raised $212.4 million of gross proceeds under the ATM Program. Net proceeds were $209.9 million after commissions to the selling agents on shares sold and offering costs. During August 2022, Main Street completed a public equity offering of 1,345,500 shares of common stock at a public offering price of $42.85 per share, including the underwriters’ full exercise of their option to purchase 175,500 additional shares, resulting in total net proceeds, including exercise of the underwriters’ option to purchase additional shares and after deducting underwriting discounts and estimated offering expenses payable by Main Street, of approximately $55.1 million. During the year ended December 31, 2021, Main Street sold 2,332,795 shares of its common stock at a weighted-average price of $42.71 per share and raised $99.6 million of gross proceeds under the ATM Program. Net proceeds were $98.4 million after commissions to the selling agents on shares sold and offering costs. |
DIVIDEND REINVESTMENT PLAN
DIVIDEND REINVESTMENT PLAN | 12 Months Ended |
Dec. 31, 2023 | |
Equity [Abstract] | |
DIVIDEND REINVESTMENT PLAN | DIVIDEND REINVESTMENT PLAN The dividend reinvestment feature of Main Street’s dividend reinvestment and direct stock purchase plan (the “DRIP”) provides for the reinvestment of dividends on behalf of its stockholders, unless a stockholder has elected to receive dividends in cash. As a result, if Main Street declares a cash dividend, its stockholders who have not “opted out” of the DRIP by the dividend record date will have their cash dividend automatically reinvested into additional shares of MSCC common stock. The share requirements of the DRIP may be satisfied through the issuance of shares of common stock or through open market purchases of common stock by the DRIP plan administrator. Newly issued shares will be valued based upon the final closing price of MSCC’s common stock on the valuation date determined for each dividend by Main Street’s Board of Directors. Shares purchased in the open market to satisfy the DRIP requirements will be valued based upon the average price of the applicable shares purchased, before any associated brokerage or other costs. Main Street’s DRIP is administered by its transfer agent on behalf of Main Street’s record holders and participating brokerage firms. Brokerage firms and other financial intermediaries may decide not to participate in Main Street’s DRIP but may provide a similar dividend reinvestment plan for their clients. Summarized DRIP information for the years ended December 31, 2023, 2022 and 2021 is as follows: Year Ended December 31, 2023 2022 2021 (dollars in thousands) DRIP participation $ 30,719 $ 24,131 $ 16,283 Shares issued for DRIP 765,427 625,196 404,384 |
SHARE-BASED COMPENSATION
SHARE-BASED COMPENSATION | 12 Months Ended |
Dec. 31, 2023 | |
Share-Based Payment Arrangement [Abstract] | |
SHARE-BASED COMPENSATION | SHARE-BASED COMPENSATION Main Street accounts for its share-based compensation plans using the fair value method, as prescribed by ASC 718, Compensation—Stock Compensation . Accordingly, for restricted stock awards (“RSAs”), Main Street measured the grant date fair value based upon the market price of its common stock on the date of the grant and amortizes the fair value of the awards as share-based compensation expense over the requisite service period, which is generally the vesting term. Main Street’s Board of Directors approves the issuance of shares of restricted stock to Main Street employees pursuant to the Main Street Capital Corporation 2022 Equity and Incentive Plan (the “Equity and Incentive Plan”). These shares generally vest over a three-year or five-year period from the grant date. The fair value is expensed over the service period, starting on the grant date. The following table summarizes the restricted stock issuances approved by Main Street’s Board of Directors under the Equity and Incentive Plan, net of shares forfeited, if any, and the remaining shares of restricted stock available for issuance as of December 31, 2023. Restricted stock authorized under the plan 5,000,000 Less net restricted stock granted (558,807) Restricted stock available for issuance as of December 31, 2023 4,441,193 As of December 31, 2023, the following table summarizes the restricted stock issued to Main Street’s non-employee directors and the remaining shares of restricted stock available for issuance pursuant to the Main Street Capital Corporation 2022 Non-Employee Director Restricted Stock Plan. These shares are granted upon appointment or election to the board and vest on the day immediately preceding the annual meeting of stockholders following the respective grant date and are expensed over such service period. Restricted stock authorized under the plan 300,000 Less net restricted stock granted (7,525) Restricted stock available for issuance as of December 31, 2023 292,475 For the years ended December 31, 2023, 2022 and 2021, Main Street recognized total share-based compensation expense of $16.5 million, $13.6 million and $10.9 million, respectively, related to the restricted stock issued to Main Street employees and non-employee directors. Summarized RSA activity for the year ended December 31, 2023 is as follows: Year Ended December 31, 2023 Number Weighted-Average Grant-Date Fair Value Restricted Stock Awards (RSAs): of Shares ($ per share) Non-vested, December 31, 2022 817,401 $ 38.78 Granted (1) 551,730 39.43 Vested (1)(2) (398,914) 39.20 Forfeited (11,992) 40.47 Non-vested, December 31, 2023 958,225 $ 40.48 Aggregate intrinsic value as of December 31, 2023 (in thousands) $ 41,424 (3) ___________________________ (1) Restricted units generally vest over a three-year or five-year period from the grant date (as noted above). (2) Vested shares included 151,058 shares withheld for payroll taxes paid on behalf of employees. (3) Aggregate intrinsic value is the product of total non-vested restricted shares as of December 31, 2023 and $43.23 per share, the closing price of our common stock on December 31, 2023. The total fair value of RSAs that vested during the years ended December 31, 2023, 2022 and 2021, was $15.6 million, $10.5 million and $10.9 million, respectively. As of December 31, 2023, there was $26.3 million of total unrecognized compensation expense related to Main Street’s non-vested restricted shares. This compensation expense is expected to be recognized over a remaining weighted-average period of 2.3 years as of December 31, 2023. |
COMMITMENTS AND CONTINGENCIES
COMMITMENTS AND CONTINGENCIES | 12 Months Ended |
Dec. 31, 2023 | |
Commitments and Contingencies Disclosure [Abstract] | |
COMMITMENTS AND CONTINGENCIES | COMMITMENTS AND CONTINGENCIES At December 31, 2023, Main Street had the following outstanding commitments (in thousands): Investments with equity capital commitments that have not yet funded: Amount Brightwood Capital Fund Investments Brightwood Capital Fund V, LP $ 3,000 Brightwood Capital Fund III, LP 649 3,649 EnCap Equity - Fund XII, LP 10,000 Freeport Fund Investments Freeport First Lien Loan Fund III LP 8,340 Freeport Financial SBIC Fund LP 4,490 12,830 Harris Preston Fund Investments HPEP 4, L.P. 8,378 HPEP 3, L.P. 1,308 HPEP 423 COR, LP 600 2717 MH, L.P. 52 10,338 MS Private Loan Fund I, LP 750 MS Private Loan Fund II, LP 8,847 UnionRock Energy Fund Investments UnionRock Energy Fund III, LP 7,500 UnionRock Energy Fund II, LP 1,465 8,965 Total Equity Commitments (1)(2) $ 55,379 Investments with commitments to fund revolving loans that have not been fully drawn or term loans with additional commitments not yet funded: MS Private Loan Fund II, LP $ 26,500 MS Private Loan Fund I, LP 10,000 Power System Solutions 9,255 Garyline, LLC 8,824 CQ fluency, LLC 6,750 Insight Borrower Corporation 6,688 PTL US Bidco, Inc 6,520 SI East, LLC 6,375 AB Centers Acquisition Corporation 6,172 Veregy Consolidated, Inc. 5,875 JTI Electrical & Mechanical, LLC 5,284 Paragon Healthcare, Inc. 4,327 Cody Pools, Inc. 4,214 Bettercloud, Inc. 4,189 Channel Partners Intermediateco, LLC 4,143 Richardson Sales Solutions 4,030 South Coast Terminals Holdings, LLC 4,018 IG Investor, LLC 4,000 NexRev LLC 4,000 AVEX Aviation Holdings, LLC 3,684 Mako Steel, LP 3,651 Microbe Formulas, LLC 3,601 Johnson Downie Opco, LLC 3,600 Watterson Brands, LLC 3,546 Eastern Wholesale Fence LLC 3,495 Classic H&G Holdco, LLC 3,440 HEADLANDS OP-CO LLC 3,375 VVS Holdco, LLC 3,200 SPAU Holdings, LLC 3,194 Mini Melts of America, LLC 3,045 RTIC Subsidiary Holdings, LLC 2,877 Metalforming Holdings, LLC 2,795 ArborWorks, LLC 2,779 Engineering Research & Consulting, LLC 2,621 IG Parent Corporation 2,500 Nebraska Vet AcquireCo, LLC 2,500 Superior Rigging & Erecting Co. 2,500 Centre Technologies Holdings, LLC 2,400 Batjer TopCo, LLC 2,070 Cybermedia Technologies, LLC 2,000 Purge Rite, LLC 1,969 Elgin AcquireCo, LLC 1,877 Burning Glass Intermediate Holding Company, Inc. 1,859 Career Team Holdings, LLC 1,800 GULF PACIFIC ACQUISITION, LLC 1,767 NinjaTrader, LLC 1,750 Acousti Engineering Company of Florida 1,730 Bluestem Brands, Inc. 1,716 Trantech Radiator Topco, LLC 1,600 Chamberlin Holding LLC 1,600 Acumera, Inc. 1,598 Pearl Meyer Topco LLC 1,500 ITA Holdings Group, LLC 1,466 ATS Operating, LLC 1,440 Bond Brand Loyalty ULC 1,427 Imaging Business Machines, L.L.C. 1,384 American Health Staffing Group, Inc. 1,333 Escalent, Inc. 1,326 CaseWorthy, Inc. 1,230 Gamber-Johnson Holdings, LLC 1,200 Pinnacle TopCo, LLC 1,140 Infolinks Media Buyco, LLC 1,008 GRT Rubber Technologies LLC 950 Evergreen North America Acquisitions, LLC 927 Orttech Holdings, LLC 800 Mystic Logistics Holdings, LLC 800 Roof Opco, LLC 778 Project BarFly, LLC 760 GS HVAM Intermediate, LLC 727 Analytical Systems Keco Holdings, LLC 580 Invincible Boat Company, LLC. 561 RA Outdoors LLC 454 Clad-Rex Steel, LLC 400 Wall Street Prep, Inc. 400 Gulf Publishing Holdings, LLC 400 AAC Holdings, Inc. 200 Inspire Aesthetics Management, LLC 50 Adams Publishing Group, LLC 41 Interface Security Systems, L.L.C 1 Total Loan Commitments $ 236,586 Total Commitments $ 291,965 ____________________ (1) This table excludes commitments related to six additional Other Portfolio investments for which the investment period has expired and remaining commitments may only be drawn to pay fund expenses. The Company does not expect any material future capital to be called on its commitment to these investments and as a result has excluded those commitments from this table. (2) This table excludes commitments related to three additional Other Portfolio investments for which the investment period has expired and remaining commitments may only be drawn to pay fund expenses or for follow on investments in existing portfolio companies. The Company does not expect any material future capital to be called on its commitment to these investments to pay fund expenses, and based on representations from the fund manager, the Company does not expect any further capital will be called on its commitment for follow on investments. As a result, the Company has excluded those commitments from this table. Main Street will fund its unfunded commitments from the same sources it uses to fund its investment commitments that are funded at the time they are made (which are typically through existing cash and cash equivalents and borrowings under the Credit Facilities). Main Street follows a process to manage its liquidity and ensure that it has available capital to fund its unfunded commitments as necessary. The Company had no unrealized appreciation or depreciation on the outstanding unfunded commitments as of December 31, 2023. Main Street may, from time to time, be involved in litigation arising out of its operations in the normal course of business or otherwise. Furthermore, third parties may try to impose liability on Main Street in connection with the activities of its portfolio companies. While the outcome of any current legal proceedings cannot at this time be predicted with certainty, Main Street does not expect any current matters will materially affect its financial condition or results of operations; however, there can be no assurance whether any pending legal proceedings will have a material adverse effect on Main Street’s financial condition or results of operations in any future reporting period. |
RELATED PARTY TRANSACTIONS
RELATED PARTY TRANSACTIONS | 12 Months Ended |
Dec. 31, 2023 | |
Related Party Transactions [Abstract] | |
RELATED PARTY TRANSACTIONS | RELATED PARTY TRANSACTIONS As discussed further in Note D — External Investment Manager , the External Investment Manager is treated as a wholly-owned portfolio company of Main Street and is included as part of Main Street’s Investment Portfolio. At December 31, 2023, Main Street had a receivable of $10.8 million due from the External Investment Manager, which included (i) $7.6 million related primarily to operating expenses incurred by Main Street as required to support the External Investment Manager’s business and amounts due from the External Investment Manager to Main Street under a tax sharing agreement (see further discussion in Note D — External Investment Manager ) and (ii) $3.2 million of dividends declared but not paid by the External Investment Manager. MSCC has entered into an agreement with the External Investment Manager to share employees in connection with its asset management business generally, and specifically for the External Investment Manager’s relationship with MSC Income and its other clients (see further discussion in Note A.1. — Organization and Basis of Presentation — Organization and Note D — External Investment Manager ). From time to time, Main Street may make investments in clients of the External Investment Manager in the form of debt or equity capital on terms approved by Main Street’s Board of Directors, including each director who is not an “interested person,” as such term is defined in Section 2(a)(19) of the 1940 Act. In May 2022, Main Street purchased 94,697 shares of common stock of MSC Income from MSC Income at the price shares were purchased by MSC Income stockholders pursuant to MSC Income’s dividend reinvestment plan for its May 2022 dividend on such date. In May 2023, Main Street purchased an additional 255,755 shares of common stock of MSC Income from MSC Income at the price shares were purchased by MSC Income stockholders pursuant to MSC Income’s dividend reinvestment plan for its May 2023 dividend on such date. In August 2023, Main Street purchased an additional 348,542 shares of common stock of MSC Income from MSC Income at the share price at which shares were purchased by MSC Income stockholders pursuant to MSC Income’s dividend reinvestment plan for its August 2023 dividend. In September 2023, Main Street purchased an additional 115,385 shares of common stock of MSC Income at a price of $6.50 per share in the modified “Dutch Auction” tender offer commenced by MSC Income and Main Street in August 2023 to purchase, severally and not jointly, up to an aggregate of $3,500,000 of shares from stockholders of MSC Income, subject to the conditions described in the offer to purchase dated August 16, 2023. In October 2023 Main Street purchased 475,888 shares of common stock of MSC Income from MSC Income at the price shares were purchased by MSC Income stockholders pursuant to MSC Income’s dividend reinvestment plan for its October 2023 dividend on such date. Each of Main Street’s purchases of MSC Income common stock was unanimously approved by the Board of Directors and MSC Income’s board of directors, including each director who is not an “interested person,” as such term is defined in Section 2(a)(19) of the 1940 Act, of each board. As of December 31, 2023, Main Street owned 1,290,267 shares of MSC Income. In addition, certain of Main Street’s officers and employees own shares of MSC Income and therefore have direct pecuniary interests in MSC Income. In December 2020, the External Investment Manager entered into an investment management agreement with the Private Loan Fund to provide investment advisory and management services in exchange for an asset-based fee and certain incentive fees. The Private Loan Fund is a private investment fund exempt from registration under the 1940 Act that co-invests with Main Street in Main Street’s Private Loan investment strategy. In connection with the Private Loan Fund’s initial closing in December 2020, Main Street committed to contribute up to $10.0 million as a limited partner and is entitled to distributions on such interest. In February 2022, Main Street increased its total commitment to the Private Loan Fund from $10.0 million to $15.0 million. In addition, certain of Main Street’s officers and employees (and certain of their immediate family members) have made capital commitments to the Private Loan Fund as limited partners and therefore have direct pecuniary interests in the Private Loan Fund. As of December 31, 2023, Main Street has funded $14.3 million of its limited partner commitment and Main Street’s unfunded commitment was $0.7 million. Main Street’s limited partner commitment to the Private Loan Fund was unanimously approved by the Board of Directors, including each director who is not an “interested person,” as such term is defined in Section 2(a)(19) of the 1940 Act. Additionally, Main Street provided the Private Loan Fund with a revolving line of credit pursuant to an Unsecured Revolving Promissory Note, dated February 5, 2021 and was subsequently amended on November 30, 2021 and on December 29, 2021 (as amended, the “PL Fund 2021 Note”), in an aggregate amount equal to the amount of limited partner capital commitments to the Private Loan Fund up to $85.0 million. Borrowings under the PL Fund 2021 Note bore interest at a fixed rate of 5.00% per annum and matured on February 28, 2022. The PL Fund 2021 Note was unanimously approved by Main Street’s Board of Directors, including each director who is not an “interested person,” as such term is defined in Section 2(a)(19) of the 1940 Act. In February 2022, the Private Loan Fund fully repaid all borrowings outstanding under the PL Fund 2021 Note and the PL Fund 2021 Note was extinguished. In March 2022, Main Street provided the Private Loan Fund with a revolving line of credit pursuant to a Secured Revolving Promissory Note, dated March 17, 2022 (the “PL Fund 2022 Note”), which provides for borrowings up to $10.0 million. Borrowings under the PL Fund 2022 Note bear interest at a fixed rate of 5.00% per annum and mature on the date upon which the Private Loan Fund’s investment period concludes, which is scheduled to occur in March 2026. Available borrowings under the PL Fund 2022 Note are subject to a 0.25% non-use fee. The PL Fund 2022 Note was unanimously approved by Main Street’s Board of Directors, including each director who is not an “interested person,” as such term is defined in Section 2(a)(19) of the 1940 Act. As of December 31, 2023, there were no borrowings outstanding under the PL Fund 2022 Note. In September 2023, the External Investment Manager entered into an investment management agreement with the Private Loan Fund II to provide investment advisory and management services in exchange for an asset-based fee and certain incentive fees. The Private Loan Fund II is a private investment fund exempt from registration under the 1940 Act that co-invests with Main Street in Main Street’s Private Loan investment strategy. In connection with the Private Loan Fund II’s initial closing in September 2023, Main Street committed to contribute up to $15.0 million (limited to 20% of total commitments) as a limited partner and is entitled to distributions on such interest. In addition, certain of Main Street’s officers and employees (and certain of their immediate family members) have made capital commitments to the Private Loan Fund II as limited partners and therefore have direct pecuniary interests in the Private Loan Fund II. As of December 31, 2023, Main Street has funded $1.6 million of its limited partner commitment and Main Street’s unfunded commitment was $8.8 million. Main Street’s limited partner commitment to the Private Loan Fund II was unanimously approved by the Board of Directors, including each director who is not an “interested person,” as such term is defined in Section 2(a)(19) of the 1940 Act. In September 2023, Main Street provided the Private Loan Fund II with a revolving line of credit pursuant to a Secured Revolving Promissory Note, dated September 5, 2023 (the “PL Fund II 2023 Note”), which provides for borrowings up to $50.0 million. Borrowings under the PL Fund II 2023 Note bear interest at a rate of SOFR plus 3.5% per annum, subject to a 2.0% SOFR floor, and mature on September 5, 2025. Available borrowings under the PL Fund II 2023 Note are subject to a 0.25% non-use fee. The borrowings are collateralized by all assets of the Private Loan Fund II. The PL Fund II 2023 Note was unanimously approved by Main Street’s Board of Directors, including each director who is not an “interested person,” as such term is defined in Section 2(a)(19) of the 1940 Act. As of December 31, 2023, there were $23.5 million of borrowings outstanding under the PL Fund II 2023 Note. As described in Note B.9. — Summary of Significant Accounting Policies – Deferred Compensation Plan , participants in the Deferred Compensation Plan elect one or more investment options, including phantom Main Street stock units, interests in affiliated funds and various mutual funds, where their deferred amounts are notionally invested pending distribution pursuant to participant elections and plan terms. |
SUBSEQUENT EVENTS
SUBSEQUENT EVENTS | 12 Months Ended |
Dec. 31, 2023 | |
Subsequent Events [Abstract] | |
SUBSEQUENT EVENTS | SUBSEQUENT EVENTS In January 2024, Main Street issued $350.0 million in aggregate principal amount of 6.95% unsecured notes due March 1, 2029 (the “March 2029 Notes”) at an issue price of 99.865%. The total net proceeds from the offering of the March 2029 Notes were approximately $346.3 million after underwriting discounts and estimated offering expenses payable. Main street utilized the proceeds to repay outstanding borrowings under its Credit Facilities. In February 2024, Main Street declared a supplemental cash dividend of $0.30 per share payable in March 2024. This supplemental cash dividend is in addition to the previously announced regular monthly cash dividends that Main Street declared of $0.24 per share for each of January, February and March 2024, or total regular monthly cash dividends of $0.72 per share for the first quarter of 2024. In February 2024, Main Street also declared regular monthly dividends of $0.24 per share for each of April, May and June of 2024. These regular monthly dividends equal a total of $0.72 per share for the second quarter of 2024, representing a 6.7% increase from the regular monthly dividends paid in the second quarter of 2023. Including the regular monthly and supplemental dividends declared for the first and second quarters of 2024, Main Street will have paid $40.555 per share in cumulative dividends since its October 2007 initial public offering. |
Consolidated Schedule of Inve_3
Consolidated Schedule of Investments In and Advances to Affiliates | 12 Months Ended |
Dec. 31, 2023 | |
Investments in and Advances to Affiliates [Abstract] | |
Consolidated Schedule of Investments In and Advances to Affiliates | Company Total Rate Base Rate Spread PIK Rate Type of Investment(1) (10) (11) Geography Amount of Amount of Amount of December 31, Gross Gross December 31, Majority-owned investments Analytical Systems Keco Holdings, LLC 15.38% SF+ 10.00% Secured Debt (12) (8) $ — $ — $ 13 $ (3) $ 222 $ — $ 219 15.38% SF+ 10.00% Secured Debt (8) — — 748 4,545 78 539 4,084 14.13% Preferred Member Units (8) — — — — — — — Preferred Member Units (8) — 1,356 — 3,504 1,356 — 4,860 Warrants (8) — — — — — — — Brewer Crane Holdings, LLC 15.46% L+ 10.00% Secured Debt (9) — — 899 5,964 30 496 5,498 Preferred Member Units (9) — (1,460) 120 7,080 — 1,460 5,620 Café Brazil, LLC Member Units (8) — (230) 149 2,210 — 230 1,980 California Splendor Holdings LLC 15.69% SF+ 10.00% Secured Debt (9) — (359) 4,366 28,000 14 359 27,655 Preferred Member Units (9) — (9,800) 250 25,495 — 9,800 15,695 15.00% 15.00% Preferred Member Units (9) — — 607 3,994 607 — 4,601 Clad-Rex Steel, LLC 11.50% Secured Debt (12) (5) — — 2 — — — — 11.50% Secured Debt (5) — (138) 1,172 10,440 40 2,058 8,422 10.00% Secured Debt (5) — — 104 1,039 1 36 1,004 Member Units (5) — (3,020) 275 8,220 — 3,020 5,200 Member Units (5) — 220 — 610 519 — 1,129 CMS Minerals Investments Member Units (9) 99 (366) 44 1,670 99 1,769 — Cody Pools, Inc. 12.50% Secured Debt (12) (8) — 11 14 — — — — 12.50% Secured Debt (8) — 31 3,384 — 46,312 4,239 42,073 L+ 10.50% Secured Debt (8) — (19) 96 1,462 32 1,494 — L+ 10.50% Secured Debt (8) — (280) 2,683 40,801 — 40,801 — Preferred Member Units (8) — 14,290 4,877 58,180 14,290 — 72,470 CompareNetworks Topco, LLC SF+ 9.00% Secured Debt (9) — — — — — — — 14.48% SF+ 9.00% Secured Debt (9) — (9) 668 5,241 9 1,796 3,454 Preferred Member Units (9) — (5,380) 316 19,830 — 5,380 14,450 Cybermedia Technologies, LLC 10.00% Secured Debt (12) (6) — — 7 — — — — 13.00% Secured Debt (6) — — 2,989 — 28,752 363 28,389 Preferred Member Units (6) — — 163 — 15,000 — 15,000 Datacom, LLC 7.50% Secured Debt (8) — — 40 223 809 585 447 10.00% Secured Debt (8) — (85) 1,012 7,789 153 355 7,587 Preferred Member Units (8) — (2,600) (96) 2,670 — 2,600 70 Direct Marketing Solutions, Inc. 14.00% Secured Debt (9) — (29) 91 — 1,304 71 1,233 14.00% Secured Debt (9) — (59) 3,687 27,267 59 1,783 25,543 Preferred Stock (9) — (1,480) 171 22,220 — 1,480 20,740 Elgin AcquireCo, LLC SF+ 6.00% Secured Debt (12) (5) — — 9 (9) 2 — (7) 12.00% Secured Debt (5) — — 2,322 18,594 38 — 18,632 9.00% Secured Debt (5) — — 573 6,294 3 45 6,252 Company Total Rate Base Rate Spread PIK Rate Type of Investment(1) (10) (11) Geography Amount of Amount of Amount of December 31, Gross Gross December 31, Common Stock (5) — 364 — 7,603 364 1,877 6,090 Common Stock (5) — 112 — 1,558 112 — 1,670 Gamber-Johnson Holdings, LLC SF+ 7.50% Secured Debt (12) (5) — — 6 — — — — 10.50% SF+ 7.50% Secured Debt (5) — (128) 6,684 64,078 128 10,128 54,078 Member Units (5) — 45,820 5,961 50,890 45,820 — 96,710 GRT Rubber Technologies LLC 11.48% SF+ 6.00% Secured Debt (12) (8) — 6 177 670 1,730 — 2,400 13.48% SF+ 8.00% Secured Debt (8) — (47) 5,428 40,493 47 47 40,493 Member Units (8) — — 183 44,440 — — 44,440 Gulf Publishing Holdings, LLC SF+ 9.50% Secured Debt (12) (8) — — — — — — — 12.50% Secured Debt (8) — — 304 2,284 — — 2,284 Preferred Equity (8) — (1,320) — 3,780 — 1,320 2,460 Member Units (8) — — — — — — — IG Investor, LLC Secured Debt (12) (6) — — 98 — 765 800 (35) 13.00% Secured Debt (6) — — 3,428 — 37,374 440 36,934 Common Equity (6) — — — — 15,096 696 14,400 Jensen Jewelers of Idaho, LLC P+ 6.75% Secured Debt (12) (9) — — — — — — — 15.25% P+ 6.75% Secured Debt (9) — (6) 356 2,450 6 458 1,998 Member Units (9) — (2,550) 1,362 14,970 — 2,550 12,420 Kickhaefer Manufacturing Company, LLC 12.00% Secured Debt (5) — — 2,642 20,374 201 801 19,774 9.00% Secured Debt (5) — — 349 3,842 2 39 3,805 Preferred Equity (5) — 2,470 — 7,220 2,470 — 9,690 Member Units (5) — (120) 115 2,850 — 120 2,730 Market Force Information, LLC L+ 11.00% Secured Debt (9) (6,662) 163 453 6,090 804 6,894 — L+ 11.00% Secured Debt (9) (25,952) 24,342 — 1,610 24,342 25,952 — Member Units (9) (16,642) 16,642 — — 16,642 16,642 — Metalforming Holdings, LLC 12.75% Secured Debt (12) (7) — — 11 — — — — 12.75% Secured Debt (7) — — 3,092 23,576 47 — 23,623 8.00% 8.00% Preferred Equity (7) — — 505 6,010 473 448 6,035 Common Stock (7) — (37) 522 1,537 — 37 1,500 MH Corbin Holding LLC 13.00% Secured Debt (5) — 1,229 761 4,548 1,229 755 5,022 Preferred Member Units (5) — 330 — — 330 — 330 Preferred Member Units (5) — — — — — — — MSC Adviser I, LLC Member Units (8) — 51,133 11,310 122,930 51,133 — 174,063 Mystic Logistics Holdings, LLC Secured Debt (12) (6) — — 4 — — — — 10.00% Secured Debt (6) — — 583 5,746 — — 5,746 Common Stock (6) — 3,560 4,523 22,830 3,560 — 26,390 OMi Topco, LLC 12.00% Secured Debt (8) — (48) 1,824 15,750 48 3,048 12,750 Preferred Member Units (8) — 13,570 2,700 22,810 13,570 — 36,380 Company Total Rate Base Rate Spread PIK Rate Type of Investment(1) (10) (11) Geography Amount of Amount of Amount of December 31, Gross Gross December 31, PPL RVs, Inc. SF+ 8.75% Secured Debt (8) — (2) 2 — 2 2 — 14.23% SF+ 8.75% Secured Debt (8) — (67) 2,845 21,655 67 1,845 19,877 Common Stock (8) — (1,970) (30) 18,950 — 1,970 16,980 Common Stock (8) — 130 — 238 130 — 368 Principle Environmental, LLC 13.00% Secured Debt (8) — — — — — — — 13.00% Secured Debt (8) — — 801 5,806 23 — 5,829 Preferred Member Units (8) — (1,670) 743 12,420 — 1,670 10,750 Common Stock (8) — (80) — 590 — 80 510 Quality Lease Service, LLC Member Units (7) — (98) — 525 33 98 460 Robbins Bros. Jewelry, Inc. 12.50% Secured Debt (9) — — 32 (35) 9 — (26) 12.50% Secured Debt (9) — (3,113) 4,489 35,404 81 4,687 30,798 Preferred Equity (9) — (14,880) — 14,880 — 14,880 — Trantech Radiator Topco, LLC 8.00% Secured Debt (12) (7) — (3) 7 — 3 3 — 12.00% Secured Debt (7) — (18) 982 7,920 18 18 7,920 Common Stock (7) — 4,940 116 7,800 4,940 — 12,740 Volusion, LLC 10.00% Secured Debt (8) — — 161 — 2,100 — 2,100 11.50% Secured Debt (8) (3,188) 1,821 166 14,914 — 14,914 — 8.00% Unsecured Convertible Debt (8) (409) 409 — — 409 409 — Preferred Member Units (8) — — 2 — — — — Preferred Member Units (8) — (1,396) — — 11,446 4,196 7,250 Preferred Member Units (8) — — — — — — — Common Stock (8) — (2,576) — — 2,576 2,576 — Warrants (8) — 2,576 — — — — — Ziegler’s NYPD, LLC 12.00% Secured Debt (8) — — 55 450 — — 450 6.50% Secured Debt (8) — — 66 945 — — 945 14.00% Secured Debt (8) — (596) 390 2,676 — 596 2,080 Preferred Member Units (8) — (240) — 240 — 240 — Warrants (8) — — — — — — — Other controlled investments 2717 MH, L.P. LP Interests (2717 MH, L.P.) (8) 2,222 (952) 142 7,552 2,796 4,298 6,050 LP Interests (2717 HPP-MS, L.P.) (12) (8) — 67 — 248 67 — 315 ASC Interests, LLC 13.00% Secured Debt (8) — — 54 400 — — 400 13.00% Secured Debt (8) — (52) 218 1,649 1 53 1,597 Preferred Member Units (8) — 88 — — 266 — 266 Member Units (8) — (700) — 800 — 700 100 ATS Workholding, LLC 5.00% Secured Debt (9) — (486) — 634 180 486 328 5.00% Secured Debt (9) — (518) — 1,005 — 532 473 Preferred Member Units (9) — — — — — — — Company Total Rate Base Rate Spread PIK Rate Type of Investment(1) (10) (11) Geography Amount of Amount of Amount of December 31, Gross Gross December 31, Barfly Ventures, LLC 7.00% Secured Debt (12) (5) — — 50 711 — — 711 Member Units (5) — 820 1 3,320 820 — 4,140 Batjer TopCo, LLC 10.00% Secured Debt (12) (8) — 6 2 (8) 8 — — 10.00% Secured Debt (12) (8) — — 22 — 630 360 270 10.00% Secured Debt (8) — 67 1,134 10,933 92 450 10,575 Preferred Stock (8) — 2,055 686 4,095 2,055 — 6,150 Bolder Panther Group, LLC 14.48% SF+ 9.11% Secured Debt (9) — (141) 14,208 99,194 141 2,779 96,556 8.00% Class B Preferred Member Units (9) — (400) 4,065 31,420 — 400 31,020 Bridge Capital Solutions Corporation 13.00% Secured Debt (6) — — 1,162 8,813 — — 8,813 13.00% Secured Debt (6) — — 132 1,000 — — 1,000 Preferred Member Units (6) — — 100 1,000 — — 1,000 Warrants (6) — (21) — 1,828 — 20 1,808 Warrants (6) — (29) — 2,512 — 30 2,482 CBT Nuggets, LLC Member Units (9) — 1,130 2,902 49,002 1,128 — 50,130 Centre Technologies Holdings, LLC SF+ 9.00% Secured Debt (12) (8) — — 12 — — — — 14.48% SF+ 9.00% Secured Debt (8) — 62 2,315 14,954 2,620 — 17,574 Preferred Member Units (8) — 2,340 120 8,700 2,340 — 11,040 Chamberlin Holding LLC SF+ 6.00% Secured Debt (12) (8) — 195 45 — — — — 13.49% SF+ 8.00% Secured Debt (8) — (7) 2,203 16,945 7 1,332 15,620 Member Units (8) — 6,400 4,182 22,920 6,400 — 29,320 Member Units (8) — 150 92 2,710 150 — 2,860 Charps, LLC 10.00% Unsecured Debt (5) — (35) 604 5,694 35 35 5,694 Preferred Member Units (5) — 2,350 1,463 13,340 2,350 — 15,690 Colonial Electric Company LLC Secured Debt (6) — — 52 — 1,600 1,600 — 12.00% Secured Debt (6) — (319) 1,804 23,151 55 1,579 21,627 Preferred Member Units (6) — 1,440 — — 2,400 — 2,400 Preferred Member Units (6) — (1,480) — 9,160 — 1,480 7,680 Compass Systems & Sales, LLC 13.50% Secured Debt (5) — — — — — — — 13.50% Secured Debt (5) — — 608 — 17,034 — 17,034 Preferred Equity (5) — — — — 7,454 — 7,454 Copper Trail Fund Investments LP Interests (CTMH, LP) (9) — — 38 588 — 20 568 Digital Products Holdings LLC 15.38% SF+ 10.00% Secured Debt (5) — (67) 2,332 15,523 — 833 14,690 Preferred Member Units (5) — — 200 9,835 — — 9,835 Garreco, LLC 9.50% SF+ 8.00% Secured Debt (8) — — 390 3,826 — 738 3,088 Member Units (8) — (220) 11 1,800 — 220 1,580 Gulf Manufacturing, LLC Member Units (8) — 2,280 2,832 6,790 2,280 — 9,070 Harrison Hydra-Gen, Ltd. Common Stock (8) — 1,380 — 3,280 1,380 — 4,660 Company Total Rate Base Rate Spread PIK Rate Type of Investment(1) (10) (11) Geography Amount of Amount of Amount of December 31, Gross Gross December 31, JorVet Holdings, LLC 12.00% Secured Debt (9) — — 3,172 25,432 51 — 25,483 Preferred Equity (9) — — 825 10,741 — — 10,741 KBK Industries, LLC 9.00% Secured Debt (5) — 38 562 — 6,000 1,300 4,700 Member Units (5) — 7,200 9,614 15,570 7,200 — 22,770 MS Private Loan Fund I, LP 5.00% Secured Debt (12) (8) — — 25 — — — — LP Interests (12) (8) — (306) 1,746 14,833 — 306 14,527 MS Private Loan Fund II, LP 8.88% SF+ 3.50% Secured Debt (12) (8) — — 515 — 23,367 — 23,367 LP Interests (12) (8) — — — — 1,561 — 1,561 MSC Income Fund, Inc. Common Equity (8) — 22 236 753 9,272 — 10,025 NAPCO Precast, LLC Member Units (8) — (100) (40) 11,830 — 100 11,730 Nebraska Vet AcquireCo, LLC SF+ 7.00% Secured Debt (12) (5) — — 10 — — — — 12.00% Secured Debt (5) — (1) 2,910 20,094 5,701 1 25,794 12.00% Secured Debt (5) — (22) 1,299 10,500 22 22 10,500 Preferred Member Units (5) — 7,320 591 7,700 7,320 — 15,020 NexRev LLC 10.00% Secured Debt (12) (8) — — — — — — — 10.00% Secured Debt (8) — 2,859 1,143 8,477 2,928 1,654 9,751 Preferred Member Units (8) — 5,240 665 1,110 5,240 — 6,350 NRP Jones, LLC 12.00% Secured Debt (5) — — 253 2,080 — — 2,080 Member Units (5) — (3,148) 23 4,615 — 3,149 1,466 Member Units (5) — (122) — 175 — 122 53 NuStep, LLC 11.98% SF+ 6.50% Secured Debt (5) — — 474 4,399 — 799 3,600 12.00% Secured Debt (5) — — 2,256 18,414 12 — 18,426 Preferred Member Units (5) — 1,200 — 8,040 1,200 — 9,240 Preferred Member Units (5) — — — 5,150 — — 5,150 Orttech Holdings, LLC SF+ 11.00% Secured Debt (12) (5) — — — — — — — 16.48% SF+ 11.00% Secured Debt (5) — 115 3,765 23,429 171 1,560 22,040 Preferred Stock (5) — 5,300 1,094 11,750 5,300 — 17,050 Pearl Meyer Topco LLC 12.00% Secured Debt (12) (6) — 3 370 — 3,500 — 3,500 12.00% Secured Debt (6) — 44 1,552 — 20,000 — 20,000 12.00% Secured Debt (6) — (65) 3,450 28,681 65 1,065 27,681 Preferred Equity (6) — 830 12,110 43,260 830 — 44,090 Pinnacle TopCo, LLC 8.00% Secured Debt (12) (8) — — 26 — 444 — 444 13.00% Secured Debt (8) — — 586 — 30,339 — 30,339 Preferred Equity (8) — — — — 12,540 — 12,540 River Aggregates, LLC Member Units (8) — 90 — 3,620 90 — 3,710 Tedder Industries, LLC 12.00% Secured Debt (9) — (114) 224 1,840 — 114 1,726 12.00% Secured Debt (9) — (867) 1,858 15,120 8 866 14,262 Preferred Member Units (9) — (7,681) — 7,681 — 7,681 — Company Total Rate Base Rate Spread PIK Rate Type of Investment(1) (10) (11) Geography Amount of Amount of Amount of December 31, Gross Gross December 31, Preferred Member Units (9) — (564) — — 494 494 — Preferred Member Units (9) — (661) — — 661 661 — Televerde, LLC Member Units (8) — (674) 333 5,408 — 674 4,734 Preferred Stock (8) — — — 1,794 — — 1,794 Vision Interests, Inc. Series A Preferred Stock (9) — — 168 3,000 — — 3,000 VVS Holdco LLC SF+ 6.00% Secured Debt (12) (5) — — 39 (21) 21 — — 11.50% Secured Debt (5) — — 3,468 30,161 74 2,200 28,035 Preferred Equity (5) — (100) 215 11,940 400 100 12,240 — — — — — — — — — — — — — — Other — — — — — — — Amounts related to investments transferred to or from other 1940 Act classification during the period — 1,308 1,469 625 21,493 1,454 — Total Control investments $ (50,532) $ 161,793 $ 197,150 $ 1,703,172 $ 568,452 $ 244,262 $ 2,006,698 Affiliate Investments 423 HAR, LP LP Interests (423 HAR, L.P.) (8) $ — $ 247 $ — $ — $ 996 $ — $ 996 AAC Holdings, Inc. 18.00% 18.00% Secured Debt (12) (7) — (1) 65 — 418 — 418 18.00% 18.00% Secured Debt (7) — (37) 2,382 11,550 2,382 37 13,895 Common Stock (7) — — — — — — — Warrants (7) — — — — — — — AFG Capital Group, LLC Preferred Member Units (8) 7,200 (8,200) — 9,400 7,200 16,600 — ATX Networks Corp. L+ 7.50% Secured Debt (6) — (134) 886 6,343 575 6,918 — 10.00% Unsecured Debt (6) — (306) 1,160 2,598 1,160 3,758 — Common Stock (6) 3,248 (3,270) — 3,270 3,248 6,518 — BBB Tank Services, LLC L+ 11.00% Unsecured Debt (8) — — 102 800 — 800 — L+ 11.00% Unsecured Debt (8) (1,400) 1,914 539 2,086 1,914 4,000 — Member Units (8) (800) 800 — — 800 800 — 15.00% Preferred Stock (non-voting) (8) (162) 162 — — 162 162 — Boccella Precast Products LLC 10.00% Secured Debt (6) — — 32 320 — — 320 Member Units (6) — (980) 122 2,970 — 980 1,990 Buca C, LLC 12.00% Secured Debt (7) — 183 2,188 12,337 183 376 12,144 6.00% 6.00% Preferred Member Units (7) — — — — — — — Career Team Holdings, LLC 11.38% SF+ 6.00% Secured Debt (12) (6) — — 40 (9) 1,340 450 881 13.00% Secured Debt (6) — — 2,612 20,090 41 225 19,906 Common Stock (6) — — — 4,500 — — 4,500 Chandler Signs Holdings, LLC Class A Units (8) 1,797 (290) 60 1,790 1,797 3,587 — Classic H&G Holdings, LLC 11.69% SF+ 6.00% Secured Debt (12) (6) — — 537 4,560 — — 4,560 8.00% Secured Debt (6) — (43) 1,606 19,274 43 43 19,274 Company Total Rate Base Rate Spread PIK Rate Type of Investment(1) (10) (11) Geography Amount of Amount of Amount of December 31, Gross Gross December 31, Preferred Member Units (6) — (8,639) 5,354 24,637 — 8,637 16,000 Congruent Credit Opportunities Funds LP Interests (Congruent Credit Opportunities Fund III, LP) (8) — 13 443 7,657 13 3,318 4,352 DMA Industries, LLC 12.00% Secured Debt (7) — (49) 2,518 21,200 49 2,449 18,800 Preferred Equity (7) — 400 — 7,260 400 — 7,660 Dos Rios Partners LP Interests (Dos Rios Partners, LP) (8) 759 (539) — 9,127 759 1,443 8,443 LP Interests (Dos Rios Partners - A, LP) (8) 241 (221) — 2,898 241 508 2,631 Dos Rios Stone Products LLC Class A Preferred Units (8) — 250 — 1,330 250 — 1,580 EIG Fund Investments LP Interests (EIG Global Private Debt Fund-A, L.P.) (8) 33 — 89 1,013 176 429 760 Flame King Holdings, LLC L+ 6.50% Secured Debt (9) — (60) 484 7,600 60 7,660 — L+ 9.00% Secured Debt (9) — (162) 1,583 21,200 162 21,362 — Preferred Equity (9) — 10,320 3,257 17,580 10,320 — 27,900 Freeport Financial SBIC Fund LP LP Interests (Freeport Financial SBIC Fund LP) (12) (5) — 177 — 3,483 177 648 3,012 LP Interests (Freeport First Lien Loan Fund III LP) (12) (5) — — 598 5,848 — 2,144 3,704 GFG Group, LLC 8.00% Secured Debt (5) — (33) 988 11,345 33 2,033 9,345 Preferred Member Units (5) — 4,320 802 7,140 4,320 — 11,460 Hawk Ridge Systems, LLC 11.65% SF+ 6.00% Secured Debt (9) — (1) 317 3,185 6,037 7,248 1,974 12.50% Secured Debt (9) — (4) 5,094 37,800 7,460 4 45,256 Preferred Member Units (9) — — 293 17,460 — — 17,460 Preferred Member Units (9) — — — 920 — — 920 Houston Plating and Coatings, LLC 8.00% Unsecured Convertible Debt (8) — (120) 243 3,000 — 120 2,880 Member Units (8) — 940 84 2,400 940 — 3,340 HPEP 3, L.P. LP Interests (HPEP 3, L.P.) (12) (8) — 156 4 4,331 403 509 4,225 LP Interests (HPEP 4, L.P.) (12) (8) — — — 2,332 1,441 — 3,773 LP Interests (423 COR, L.P.) (12) (8) — 469 130 1,400 469 — 1,869 I-45 SLF LLC Member Units (Fully diluted 20.0%; 21.75% profits interest) (8) — 532 2,317 11,758 1,732 — 13,490 Independent Pet Partners Intermediate Holdings, LLC Common Equity (6) — (610) — — 18,300 610 17,690 Infinity X1 Holdings, LLC 13.00% Secured Debt (9) — — 1,985 — 17,853 450 17,403 Preferred Equity (9) — — 125 — 4,000 — 4,000 Integral Energy Services 13.16% SF+ 7.50% Secured Debt (8) — (674) 2,374 15,769 80 1,958 13,891 10.00% 10.00% Preferred Equity (8) — 73 — — 300 — 300 Common Stock (8) — (1,120) 43 1,280 — 1,120 160 Iron-Main Investments, LLC 13.50% Secured Debt (5) — — 622 4,500 7 20 4,487 13.50% Secured Debt (5) — — 547 3,130 6 214 2,922 13.50% Secured Debt (5) — — 1,217 8,944 — — 8,944 Company Total Rate Base Rate Spread PIK Rate Type of Investment(1) (10) (11) Geography Amount of Amount of Amount of December 31, Gross Gross December 31, 13.50% Secured Debt (5) — — 2,706 19,559 32 88 19,503 13.50% Secured Debt (5) — — 1,806 — 10,911 638 10,273 Common Stock (5) — (76) — 1,798 958 76 2,680 ITA Holdings Group, LLC 16.59% SF+ 9.00% 2.00% Secured Debt (12) (8) — — 20 — 816 — 816 16.59% SF+ 9.00% 2.00% Secured Debt (12) (8) — — 34 — 697 — 697 15.59% SF+ 8.00% 2.00% Secured Debt (8) — — 560 — 3,430 — 3,430 17.59% SF+ 10.00% 2.00% Secured Debt (8) — — 607 — 3,430 — 3,430 Warrants (8) — — — — 2,091 — 2,091 Johnson Downie Opco, LLC 15.00% Secured Debt (12) (8) — 3 24 — — — — 15.00% Secured Debt (8) — 63 1,888 9,999 14,850 642 24,207 Preferred Equity (8) — 3,595 189 5,540 4,080 — 9,620 OnAsset Intelligence, Inc. 12.00% 12.00% Secured Debt (8) — (243) — 569 — 243 326 12.00% 12.00% Secured Debt (8) — (248) — 580 — 248 332 12.00% 12.00% Secured Debt (8) — (533) — 1,249 — 533 716 12.00% 12.00% Secured Debt (8) — (1,112) — 2,606 — 1,113 1,493 10.00% 10.00% Unsecured Debt (8) — — — 305 — — 305 7.00% 7.00% Preferred Stock (8) — — — — — — — Common Stock (8) — — — — — — — Warrants (8) — — — — — — — Oneliance, LLC SF+ 11.00% Secured Debt (7) — — — — — — — 16.48% SF+ 11.00% Secured Debt (7) — (61) 914 5,559 12 221 5,350 Preferred Stock (7) — — — 1,056 72 — 1,128 Quality Lease Service, LLC 12.00% Secured Debt (8) (29,526) 29,865 — — 29,865 29,865 — Preferred Member Units (8) — — — — — — — SI East, LLC 11.25% Secured Debt (12) (7) — 17 83 — 1,875 750 1,125 12.47% Secured Debt (7) — 241 4,075 — 54,536 — 54,536 9.50% Secured Debt (7) — (79) 3,885 89,786 — 89,786 — Preferred Member Units (7) — 5,213 1,196 13,650 5,520 — 19,170 Slick Innovations, LLC 14.00% Secured Debt (6) — (48) 1,887 13,840 48 2,448 11,440 Common Stock (6) — 780 — 1,530 780 — 2,310 Student Resource Center, LLC 8.50% 8.50% Secured Debt (6) (2) (1,694) 329 4,556 221 1,587 3,190 Preferred Equity (6) — — — — — — — Superior Rigging & Erecting Co. 12.00% Secured Debt (7) — — 2,564 21,378 49 1,000 20,427 Preferred Member Units (7) — 1,440 — 4,500 1,440 — 5,940 The Affiliati Network, LLC 13.00% Secured Debt (9) — — 30 106 2,764 2,720 150 13.00% Secured Debt (9) — (129) 1,176 9,442 34 2,129 7,347 Preferred Stock (9) — — 188 6,400 — — 6,400 Preferred Stock (9) — — — — 172 — 172 Company Total Rate Base Rate Spread PIK Rate Type of Investment(1) (10) (11) Geography Amount of Amount of Amount of December 31, Gross Gross December 31, UnionRock Energy Fund II, LP LP Interests (12) (9) — (146) 53 5,855 531 692 5,694 UnionRock Energy Fund III, LP LP Interests (12) (9) — 345 — — 2,838 — 2,838 UniTek Global Services, Inc. 15.00% 15.00% Secured Convertible Debt (6) — (13) 312 4,592 — 703 3,889 15.00% 15.00% Secured Convertible Debt (6) (223) 1,067 66 — 2,131 223 1,908 SF+ 7.50% Secured Debt (6) — 22 — 382 25 407 — SF+ 7.50% Secured Debt (6) — 96 275 1,712 112 1,824 — 20.00% 20.00% Preferred Stock (6) — (468) 468 2,833 468 468 2,833 20.00% 20.00% Preferred Stock (6) — 1,707 — 1,991 1,707 — 3,698 19.00% 19.00% Preferred Stock (6) — — — — — — — 13.50% 13.50% Preferred Stock (6) — — — — — — — Common Stock (6) — — — — — — — Universal Wellhead Services Holdings, LLC 14.00% 14.00% Preferred Member Units (8) — (70) — 220 — 70 150 Member Units (8) — — — — — — — World Micro Holdings, LLC 13.00% Secured Debt (7) — — 1,895 14,140 45 2,157 12,028 Preferred Equity (7) — — 226 3,845 — — 3,845 Other — — — — — — — Amounts related to investments transferred to or from other 1940 Act classification during the period 106 (1,308) (1,469) (625) 1,454 21,493 — Total Affiliate investments $ (18,729) $ 33,689 $ 69,829 $ 618,359 $ 246,241 $ 270,262 $ 615,002 ______________________ (1) The principal amount, the ownership detail for equity investments and if the investment is income producing is included in the Consolidated Schedule of Investments included in Item 8. Consolidated Financial Statements of this Annual Report on Form 10-K. (2) Represents the total amount of interest, fees and dividends credited to income for the portion of the period for which an investment was included in Control or Affiliate categories, respectively. For investments transferred between Control and Affiliate categories during the period, any income or investment balances related to the time period it was in the category other than the one shown at period end is included in “Amounts related to investments transferred from other 1940 Act classifications during the period.” (3) Gross additions include increases in the cost basis of investments resulting from new portfolio investments, follow-on investments and accrued PIK interest, and the exchange of one or more existing securities for one or more new securities. Gross additions also include net increases in unrealized appreciation or net decreases in net unrealized depreciation as well as the movement of an existing portfolio company into this category and out of a different category. (4) Gross reductions include decreases in the cost basis of investments resulting from principal repayments or sales and the exchange of one or more existing securities for one or more new securities. Gross reductions also include net increases in net unrealized depreciation or net decreases in unrealized appreciation as well as the movement of an existing portfolio company out of this category and into a different category. (5) Portfolio company located in the Midwest region as determined by location of the corporate headquarters. The fair value as of December 31, 2023 for control investments located in this region was $513,943. This represented 20.7% of net assets as of December 31, 2023. The fair value as of December 31, 2023 for affiliate investments located in this region was $76,330. This represented 3.1% of net assets as of December 31, 2023. (6) Portfolio company located in the Northeast region and Canada as determined by location of the corporate headquarters. The fair value as of December 31, 2023 for control investments located in this region was $268,905. This represented 10.9% of net assets as of December 31, 2023. The fair value as of December 31, 2023 for affiliate investments located in this region was $114,389. This represented 4.6% of net assets as of December 31, 2023. (7) Portfolio company located in the Southeast region as determined by location of the corporate headquarters. The fair value as of December 31, 2023 for control investments located in this region was $52,278. This represented 2.1% of net assets as of December 31, 2023. The fair value as of December 31, 2023 for affiliate investments located in this region was $176,466. This represented 7.1% of net assets as of December 31, 2023. (8) Portfolio company located in the Southwest region as determined by location of the corporate headquarters. The fair value as of December 31, 2023 for control investments located in this region was $767,606. This represented 31.0% of net assets as of December 31, 2023. The fair value as of December 31, 2023 for affiliate investments located in this region was $110,303. This represented 4.5% of net assets as of December 31, 2023. (9) Portfolio company located in the West region as determined by location of the corporate headquarters. The fair value as of December 31, 2023 for control investments located in this region was $403,966. This represented 16.3% of net assets as of December 31, 2023. The fair value as of December 31, 2023 for affiliate investments located in this region was $137,514. This represented 5.6% of net assets as of December 31, 2023. (10) All of the Company’s portfolio investments are generally subject to restrictions on resale as “restricted securities,” unless otherwise noted. (11) This schedule should be read in conjunction with the Consolidated Schedule of Investments and Notes to the Consolidated Financial Statements included in Item 8. Consolidated Financial Statements of this Annual Report on Form 10-K. Supplemental information can be located within the Consolidated Schedule of Investments including end of period interest rate, preferred dividend rate, maturity date, investments not paid currently in cash and investments whose value was determined using significant unobservable inputs. (12) Investment has an unfunded commitment as of December 31, 2023 (see Note K — Commitments and Contingencies in Item 8. Consolidated Financial Statements of this Annual Report on Form 10-K). The fair value of the investment includes the impact of the fair value of any unfunded commitments. (13) Negative fair value is the result of the capitalized discount being greater than the principal amount outstanding on the loan. Company Total Rate Base Rate Spread PIK Rate Type of Investment(1)(10)(11) Geography Amount of Amount of Amount of December 31, Gross Gross December 31, Majority-owned investments Analytical Systems Keco Holdings, LLC L+ 10.00% Secured Debt (8) $ — $ — $ 6 $ (4) $ 1 $ — $ (3) 14.13% L+ 10.00% Secured Debt (8) — — 690 4,740 85 280 4,545 14.13% Preferred Member Units (8) — — — — — — — Preferred Member Units (8) — (1,390) — 4,894 — 1,390 3,504 Warrants (8) — — — — — — — Brewer Crane Holdings, LLC 14.12% L+ 10.00% Secured Debt (9) — — 862 8,037 23 2,096 5,964 Preferred Member Units (9) — (630) 828 7,710 — 630 7,080 Café Brazil, LLC Member Units (8) — (360) 178 2,570 — 360 2,210 California Splendor Holdings LLC 13.75% L+ 10.00% Secured Debt (9) — 49 3,454 27,915 85 — 28,000 Preferred Member Units (9) — 12,220 250 13,275 12,220 — 25,495 15.00% 15.00% Preferred Member Units (9) — — 933 9,510 933 6,449 3,994 Clad-Rex Steel, LLC SF+ 9.00% Secured Debt (5) — — 4 — — — — 13.23% SF+ 9.00% Secured Debt (5) — — 1,255 10,401 39 — 10,440 10.00% Secured Debt (5) — — 107 1,071 1 33 1,039 Member Units (5) — (2,030) 758 10,250 — 2,030 8,220 Member Units (5) — 80 — 530 80 — 610 CMS Minerals Investments Member Units (9) — 230 198 1,974 230 534 1,670 Cody Pools, Inc. 15.38% L+ 10.50% Secured Debt (8) — 19 119 (13) 4,971 3,496 1,462 15.38% L+ 10.50% Secured Debt (8) — (86) 5,615 42,497 86 1,782 40,801 Preferred Member Units (8) — 10,540 4,015 47,640 10,540 — 58,180 CompareNetworks Topco, LLC L+ 9.00% Secured Debt (9) — — — — — — — 13.13% L+ 9.00% Secured Debt (9) — (16) 642 6,477 16 1,252 5,241 Preferred Member Units (9) — 7,830 632 12,000 7,830 — 19,830 Datacom, LLC 7.50% Secured Debt (8) — — 4 — 223 — 223 7.50% Secured Debt (8) — 228 829 7,668 391 270 7,789 Preferred Member Units (8) — 60 96 2,610 60 — 2,670 Direct Marketing Solutions, Inc. L+ 11.00% Secured Debt (9) — 88 235 (22) 4,272 4,250 — 15.13% L+ 11.00% Secured Debt (9) — 145 327 — 27,267 — 27,267 Company Total Rate Base Rate Spread PIK Rate Type of Investment(1)(10)(11) Geography Amount of Amount of Amount of December 31, Gross Gross December 31, L+ 11.00% Secured Debt (9) — (137) 2,953 24,070 — 24,070 — Preferred Stock (9) — 3,870 1,371 18,350 3,870 — 22,220 Elgin AcquireCo, LLC SF+ 6.00% Secured Debt (5) — — 2 — — 9 (9) 12.00% Secured Debt (5) — — 948 — 18,594 — 18,594 9.00% Secured Debt (5) — — 144 — 6,301 7 6,294 Common Stock (5) — — — — 9,668 2,065 7,603 Common Stock (5) — — — — 1,558 — 1,558 Gamber-Johnson Holdings, LLC SF+ 8.50% Secured Debt (5) — — 6 — — — — 11.50% SF+ 8.50% Secured Debt (5) — 393 1,152 — 64,078 — 64,078 L+ 7.50% Secured Debt (5) — (63) 2,233 21,598 — 21,598 — Member Units (5) — 1,190 895 49,700 1,190 — 50,890 GRT Rubber Technologies LLC 10.12% L+ 6.00% Secured Debt (8) — — 25 — 670 — 670 12.12% L+ 8.00% Secured Debt (8) — (33) 3,973 38,885 1,641 33 40,493 Member Units (8) — (1,750) 2,525 46,190 — 1,750 44,440 Gulf Publishing Holdings, LLC L+ 9.50% Secured Debt (8) — — 7 257 — 257 — 6.25% Secured Debt (8) (5,822) 3,848 503 9,717 — 9,717 — 12.50% Secured Debt (8) — (116) 77 — 2,400 116 2,284 Member Units (8) — — — — — — — Preferred Equity (8) — (1,820) — — 5,600 1,820 3,780 Jensen Jewelers of Idaho, LLC P+ 6.75% Secured Debt (9) — — 3 — — — — 13.75% P+ 6.75% Secured Debt (9) — (8) 292 2,550 8 108 2,450 Member Units (9) — 2,550 2,784 12,420 2,550 — 14,970 Kickhaefer Manufacturing Company, LLC 11.50% Secured Debt (5) — — 2,430 20,324 50 — 20,374 9.00% Secured Debt (5) — — 352 3,876 2 36 3,842 Preferred Equity (5) — (5,090) — 12,310 — 5,090 7,220 Member Units (5) — 390 113 2,460 390 — 2,850 Market Force Information, LLC 15.13% L+ 11.00% Secured Debt (9) — (163) 592 3,400 2,853 163 6,090 12.00% 12.00% Secured Debt (9) — (7,325) — 8,936 — 7,326 1,610 Member Units (9) — — — — — — — Metalforming Holdings, LLC Secured Debt (7) — — 16 — — — — Company Total Rate Base Rate Spread PIK Rate Type of Investment(1)(10)(11) Geography Amount of Amount of Amount of December 31, Gross Gross December 31, 12.75% Secured Debt (7) — — 1,143 — 23,576 — 23,576 8.00% 8.00% Preferred Equity (7) — — 95 — 6,010 — 6,010 Common Stock (7) — — — — 1,537 — 1,537 MH Corbin Holding LLC 13.00% Secured Debt (5) — 699 999 5,934 708 2,094 4,548 Preferred Member Units (5) — — — — — — — Preferred Member Units (5) — — — — — — — MSC Adviser I, LLC Member Units (8) — (17,470) 9,297 140,400 — 17,470 122,930 Mystic Logistics Holdings, LLC Secured Debt (6) — — 4 — — — — 10.00% Secured Debt (6) — (1) 607 6,378 1 633 5,746 Common Stock (6) — 13,990 4,202 8,840 13,990 — 22,830 OMi Topco, LLC 12.00% Secured Debt (8) — (53) 2,135 18,000 53 2,303 15,750 Preferred Member Units (8) — 2,600 2,154 20,210 2,600 — 22,810 PPL RVs, Inc. L+ 7.00% Secured Debt (8) — 9 79 727 1,273 2,000 — 10.25% L+ 7.00% Secured Debt (8) — 247 1,714 11,655 10,000 — 21,655 Common Stock (8) — 4,590 1,627 14,360 4,590 — 18,950 Common Stock (8) — — — — 238 — 238 Principle Environmental, LLC Secured Debt (8) — — 104 1,465 9 1,474 — 13.00% Secured Debt (8) — — 804 5,808 24 26 5,806 Preferred Member Units (8) — 1,260 1,355 11,160 1,260 — 12,420 Common Stock (8) — (120) — 710 — 120 590 Quality Lease Service, LLC Member Units (7) — 76 — 2,148 77 1,700 525 Robbins Bros. Jewelry, Inc. Secured Debt (9) — — 32 (44) 9 — (35) 12.50% Secured Debt (9) — — 4,678 36,000 78 674 35,404 Preferred Equity (9) — 3,810 558 11,070 3,810 — 14,880 Trantech Radiator Topco, LLC Secured Debt (7) — 5 7 (8) 8 — — 12.00% Secured Debt (7) — (23) 1,044 8,720 23 823 7,920 Common Stock (7) — (860) 116 8,660 — 860 7,800 Ziegler’s NYPD, LLC 12.00% Secured Debt (8) — — 71 625 — 175 450 6.50% Secured Debt (8) — (55) 66 1,000 — 55 945 14.00% Secured Debt (8) — (74) 390 2,750 — 74 2,676 Preferred Member Units (8) — (1,890) — 2,130 — 1,890 240 Warrants (8) — — — — — — — Other controlled investments 2717 MH, L.P. LP Interests (2717 MH, L.P.) (8) — 2,389 — 3,971 3,581 — 7,552 Company Total Rate Base Rate Spread PIK Rate Type of Investment(1)(10)(11) Geography Amount of Amount of Amount of December 31, Gross Gross December 31, LP Interests (2717 HPP-MS, L.P.) (8) — — — — 248 — 248 ASC Interests, LLC 13.00% Secured Debt (8) — — 36 200 230 30 400 13.00% Secured Debt (8) — — 266 1,636 13 — 1,649 Member Units (8) — 80 — 720 80 — 800 ATS Workholding, LLC 5.00% Secured Debt (9) — (620) — 1,088 188 642 634 5.00% Secured Debt (9) — (869) — 1,917 — 912 1,005 Preferred Member Units (9) — — — — — — — Barfly Ventures, LLC 7.00% Secured Debt (5) — — 51 710 1 — 711 Member Units (5) — 1,390 — 1,930 1,390 — 3,320 Batjer TopCo, LLC Secured Debt (8) — — 5 — 451 459 (8) Secured Debt (8) — — — — — — — 11.00% Secured Debt (8) — — 1,139 — 10,933 — 10,933 Preferred Stock (8) — — 631 — 4,095 — 4,095 Bolder Panther Group, LLC Secured Debt (9) — — 23 — — — — 13.39% SF+ 9.26% Secured Debt (9) — 305 9,164 39,000 60,194 — 99,194 Class A Preferred Member Units (9) — — 2,466 10,194 — 10,194 — 8.00% Cla |
Pay vs Performance Disclosure
Pay vs Performance Disclosure - USD ($) $ in Thousands | 12 Months Ended | ||
Dec. 31, 2023 | Dec. 31, 2022 | Dec. 31, 2021 | |
Pay vs Performance Disclosure | |||
Net increase in net assets resulting from operations | $ 428,447 | $ 241,606 | $ 330,762 |
Insider Trading Arrangements
Insider Trading Arrangements | 3 Months Ended |
Dec. 31, 2023 | |
Trading Arrangements, by Individual | |
Rule 10b5-1 Arrangement Adopted | false |
Non-Rule 10b5-1 Arrangement Adopted | false |
Rule 10b5-1 Arrangement Terminated | false |
Non-Rule 10b5-1 Arrangement Terminated | false |
N-2
N-2 - USD ($) | 3 Months Ended | 12 Months Ended | |||||||||||||||||
Dec. 31, 2023 | Dec. 31, 2023 | Sep. 30, 2023 | Jun. 30, 2023 | Mar. 31, 2023 | Dec. 31, 2022 | Sep. 30, 2022 | Jun. 30, 2022 | Mar. 31, 2022 | Dec. 31, 2023 | Dec. 31, 2017 | Dec. 31, 2016 | Dec. 31, 2015 | Dec. 31, 2014 | Dec. 31, 2021 | Dec. 31, 2020 | Dec. 31, 2019 | Dec. 31, 2018 | Dec. 31, 2013 | |
Cover [Abstract] | |||||||||||||||||||
Entity Central Index Key | 0001396440 | ||||||||||||||||||
Amendment Flag | false | ||||||||||||||||||
Securities Act File Number | 001-33723 | ||||||||||||||||||
Document Type | 10-K | ||||||||||||||||||
Entity Registrant Name | Main Street Capital Corporation | ||||||||||||||||||
Entity Address, Address Line One | 1300 Post Oak Boulevard | ||||||||||||||||||
Entity Address, Address Line Two | 8th Floor | ||||||||||||||||||
Entity Address, City or Town | Houston | ||||||||||||||||||
Entity Address, State or Province | TX | ||||||||||||||||||
Entity Address, Postal Zip Code | 77056 | ||||||||||||||||||
City Area Code | 713 | ||||||||||||||||||
Local Phone Number | 350-6000 | ||||||||||||||||||
Entity Well-known Seasoned Issuer | Yes | ||||||||||||||||||
Entity Emerging Growth Company | false | ||||||||||||||||||
Fee Table [Abstract] | |||||||||||||||||||
Shareholder Transaction Expenses [Table Text Block] | Stockholder Transaction Expenses: Sales load (as a percentage of offering price) —% (1) Offering expenses (as a percentage of offering price) —% (2) Dividend reinvestment and direct stock purchase plan expenses —% (3) Total stockholder transaction expenses (as a percentage of offering price) —% (4) Annual Expenses of the Company (as a percentage of net assets attributable to common stock): Operating expenses 3.26% (5) Interest payments on borrowed funds 4.69% (6) Income tax expense 0.91% (7) Acquired fund fees and expenses 0.22% (8) Total annual expenses 9.08% ______________________ (1) The maximum agent commission with respect to the shares of our common stock sold by us in the ATM Program is 1.00%. Purchasers of shares of common stock through the direct stock purchase feature of the Plan will not pay any sales load. In the event that our securities are sold to or through underwriters, a corresponding prospectus or prospectus supplement will disclose the applicable sales load. (2) E stimated offering expenses payable by us for the estimated duration of the ATM Program are $0.4 million . In the event that we conduct an offering of our securities, a corresponding prospectus or prospectus supplement will disclose the estimated offering expenses. (3) The expenses of administering the Plan are included in operating expenses. Additional costs may be charged to participants in the direct stock purchase feature of the plan for certain types of transactions . (4) Total stockholder transaction expenses may include sales load and will be disclosed in a future prospectus or prospectus supplement, if any. (5) Operating expenses in this table represent our estimated expenses. (6) Interest payments on borrowed funds represent our estimated annual interest payments on borrowed funds based on current debt levels as adjusted for projected increases (but not decreases) in debt levels over the next twelve months. (7) Income tax expense relates to the accrual of (a) deferred tax provision (benefit) primarily related to loss carryforwards, timing differences in net unrealized appreciation or depreciation and other temporary book-tax differences from our portfolio investments held in Taxable Subsidiaries and (b) excise, state and other taxes. Deferred taxes are non-cash in nature and may vary significantly from period to period. We are required to include deferred taxes in calculating our annual expenses even though deferred taxes are not currently payable or receivable. Due to the variable nature of deferred tax expense, which can be a large portion of the income tax expense, and the difficulty in providing an estimate for future periods, this income tax expense estimate is based upon the actual amount of income tax expense for the year ended December 31, 2023. (8) Acquired fund fees and expenses represent the estimated indirect expense incurred due to investments in other investment companies and private funds. | ||||||||||||||||||
Sales Load [Percent] | 0% | ||||||||||||||||||
Other Transaction Expenses [Abstract] | |||||||||||||||||||
Other Transaction Expense 1 [Percent] | 0% | ||||||||||||||||||
Other Transaction Expense 2 [Percent] | 0% | ||||||||||||||||||
Annual Expenses [Table Text Block] | Stockholder Transaction Expenses: Sales load (as a percentage of offering price) —% (1) Offering expenses (as a percentage of offering price) —% (2) Dividend reinvestment and direct stock purchase plan expenses —% (3) Total stockholder transaction expenses (as a percentage of offering price) —% (4) Annual Expenses of the Company (as a percentage of net assets attributable to common stock): Operating expenses 3.26% (5) Interest payments on borrowed funds 4.69% (6) Income tax expense 0.91% (7) Acquired fund fees and expenses 0.22% (8) Total annual expenses 9.08% ______________________ (1) The maximum agent commission with respect to the shares of our common stock sold by us in the ATM Program is 1.00%. Purchasers of shares of common stock through the direct stock purchase feature of the Plan will not pay any sales load. In the event that our securities are sold to or through underwriters, a corresponding prospectus or prospectus supplement will disclose the applicable sales load. (2) E stimated offering expenses payable by us for the estimated duration of the ATM Program are $0.4 million . In the event that we conduct an offering of our securities, a corresponding prospectus or prospectus supplement will disclose the estimated offering expenses. (3) The expenses of administering the Plan are included in operating expenses. Additional costs may be charged to participants in the direct stock purchase feature of the plan for certain types of transactions . (4) Total stockholder transaction expenses may include sales load and will be disclosed in a future prospectus or prospectus supplement, if any. (5) Operating expenses in this table represent our estimated expenses. (6) Interest payments on borrowed funds represent our estimated annual interest payments on borrowed funds based on current debt levels as adjusted for projected increases (but not decreases) in debt levels over the next twelve months. (7) Income tax expense relates to the accrual of (a) deferred tax provision (benefit) primarily related to loss carryforwards, timing differences in net unrealized appreciation or depreciation and other temporary book-tax differences from our portfolio investments held in Taxable Subsidiaries and (b) excise, state and other taxes. Deferred taxes are non-cash in nature and may vary significantly from period to period. We are required to include deferred taxes in calculating our annual expenses even though deferred taxes are not currently payable or receivable. Due to the variable nature of deferred tax expense, which can be a large portion of the income tax expense, and the difficulty in providing an estimate for future periods, this income tax expense estimate is based upon the actual amount of income tax expense for the year ended December 31, 2023. (8) Acquired fund fees and expenses represent the estimated indirect expense incurred due to investments in other investment companies and private funds. | ||||||||||||||||||
Interest Expenses on Borrowings [Percent] | 4.69% | ||||||||||||||||||
Acquired Fund Fees and Expenses [Percent] | 0.22% | ||||||||||||||||||
Other Annual Expenses [Abstract] | |||||||||||||||||||
Other Annual Expense 1 [Percent] | 3.26% | ||||||||||||||||||
Other Annual Expense 2 [Percent] | 0.91% | ||||||||||||||||||
Total Annual Expenses [Percent] | 9.08% | ||||||||||||||||||
Expense Example [Table Text Block] | The following example demonstrates the projected dollar amount of total cumulative expenses that would be incurred over various periods with respect to a hypothetical investment in our common stock. In calculating the following expense amounts, we have assumed we would have no additional leverage and that our annual operating expenses would remain at the levels set forth in the table above and that you would pay either no sales load or a sales load of up to 1.00% (the commission to be paid by us with respect to common stock sold by us in the ATM Program) . 1 Year 3 Years 5 Years 10 Years You would pay the following expenses on a $1,000 investment, assuming a 5.0% annual return and no sales load $ 89 $ 256 $ 410 $ 743 You would pay the following expenses on a $1,000 investment, assuming a 5.0% annual return and a 1.00% sales load $ 99 $ 266 $ 420 $ 753 | ||||||||||||||||||
Expense Example, Year 01 | $ 89 | ||||||||||||||||||
Expense Example, Years 1 to 3 | 256 | ||||||||||||||||||
Expense Example, Years 1 to 5 | 410 | ||||||||||||||||||
Expense Example, Years 1 to 10 | $ 743 | ||||||||||||||||||
Purpose of Fee Table , Note [Text Block] | The following table is being provided to update, as of December 31, 2023, certain information in the Company’s effective shelf registration statement on Form N-2 (File No. 333-263258) filed with the SEC on March 3, 2022 as supplemented by the prospectus supplements relating to our ATM Program and to the direct stock purchase feature of the Plan. The information is intended to assist you in understanding the costs and expenses that an investor in the Company will bear directly or indirectly. We caution you that some of the percentages indicated in the table below are estimates and may vary. Except where the context suggests otherwise, whenever this Annual Report on Form 10-K contains a reference to fees or expenses paid by “you,” “us” or “Main Street,” or that “we” will pay fees or expenses, stockholders will indirectly bear such fees or expenses as investors in us. | ||||||||||||||||||
Basis of Transaction Fees, Note [Text Block] | Sales load (as a percentage of offering price) Offering expenses (as a percentage of offering price) | ||||||||||||||||||
Other Transaction Fees, Note [Text Block] | E stimated offering expenses payable by us for the estimated duration of the ATM Program are $0.4 million . In the event that we conduct an offering of our securities, a corresponding prospectus or prospectus supplement will disclose the estimated offering expenses. The expenses of administering the Plan are included in operating expenses. Additional costs may be charged to participants in the direct stock purchase feature of the plan for certain types of transactions . | ||||||||||||||||||
Other Expenses, Note [Text Block] | Operating expenses in this table represent our estimated expenses. Income tax expense relates to the accrual of (a) deferred tax provision (benefit) primarily related to loss carryforwards, timing differences in net unrealized appreciation or depreciation and other temporary book-tax differences from our portfolio investments held in Taxable Subsidiaries and (b) excise, state and other taxes. Deferred taxes are non-cash in nature and may vary significantly from period to period. We are required to include deferred taxes in calculating our annual expenses even though deferred taxes are not currently payable or receivable. Due to the variable nature of deferred tax expense, which can be a large portion of the income tax expense, and the difficulty in providing an estimate for future periods, this income tax expense estimate is based upon the actual amount of income tax expense for the year ended December 31, 2023. | ||||||||||||||||||
Acquired Fund Fees and Expenses, Note [Text Block] | Acquired fund fees and expenses represent the estimated indirect expense incurred due to investments in other investment companies and private funds. | ||||||||||||||||||
Financial Highlights [Abstract] | |||||||||||||||||||
Senior Securities [Table Text Block] | Information about Main Street’s senior securities is shown in the following table as of December 31 for the years indicated in the table, unless otherwise noted. Total Amount Outstanding Exclusive of Treasury Securities(1) Asset Coverage per Unit(2) Involuntary Liquidating Preference per Unit(3) Average Market Value per Unit(4) (dollars in thousands) SBIC Debentures 2014 $ 225,000 $ 2,323 — N/A Total Amount Outstanding Exclusive of Treasury Securities(1) Asset Coverage per Unit(2) Involuntary Liquidating Preference per Unit(3) Average Market Value per Unit(4) (dollars in thousands) 2015 225,000 2,368 — N/A 2016 240,000 2,415 — N/A 2017 295,800 2,687 — N/A 2018 345,800 2,455 — N/A 2019 311,800 2,363 — N/A 2020 309,800 2,244 — N/A 2021 350,000 1,985 — N/A 2022 350,000 2,044 — N/A 2023 350,000 2,364 — N/A Corporate Facility 2014 $ 218,000 $ 2,323 — N/A 2015 291,000 2,368 — N/A 2016 343,000 2,415 — N/A 2017 64,000 2,687 — N/A 2018 301,000 2,455 — N/A 2019 300,000 2,363 — N/A 2020 269,000 2,244 — N/A 2021 320,000 1,985 — N/A 2022 407,000 2,044 — N/A 2023 200,000 2,364 — N/A SPV Facility 2022 $ 200,000 $ 2,044 — N/A 2023 160,000 2,364 — N/A April 2023 Notes 2014 $ 90,823 $ 2,323 — $ 24.78 2015 90,738 2,368 — 25.40 2016 90,655 2,415 — 25.76 2017 90,655 2,687 — 25.93 December 2019 Notes 2014 $ 175,000 $ 2,323 — N/A 2015 175,000 2,368 — N/A 2016 175,000 2,415 — N/A 2017 175,000 2,687 — N/A 2018 175,000 2,455 — N/A December 2022 Notes 2017 $ 185,000 $ 2,687 — N/A 2018 185,000 2,455 — N/A 2019 185,000 2,363 — N/A Total Amount Outstanding Exclusive of Treasury Securities(1) Asset Coverage per Unit(2) Involuntary Liquidating Preference per Unit(3) Average Market Value per Unit(4) (dollars in thousands) 2020 185,000 2,244 — N/A 2021 185,000 1,985 — N/A May 2024 Notes 2019 $ 325,000 $ 2,363 — N/A 2020 450,000 2,244 — N/A 2021 450,000 1,985 — N/A 2022 450,000 2,044 — N/A 2023 450,000 2,364 — N/A July 2026 Notes 2021 $ 500,000 $ 1,985 — N/A 2022 500,000 2,044 — N/A 2023 500,000 2,364 — N/A December 2025 Notes 2022 $ 100,000 $ 2,044 — N/A 2023 150,000 2,364 — N/A ___________________________ (1) Total amount of each class of senior securities outstanding at the end of the period presented. (2) Asset coverage per unit is the ratio of the carrying value of Main Street’s total consolidated assets, less all liabilities and indebtedness not represented by senior securities, to the aggregate amount of senior securities representing indebtedness. Asset coverage per unit is expressed in terms of dollar amounts per $1,000 of indebtedness. (3) The amount to which such class of senior security would be entitled upon the involuntary liquidation of the issuer in preference to any security junior to it. The “—” indicates information that the SEC expressly does not require to be disclosed for certain types of senior securities. (4) Average market value per unit for the April 2023 Notes represents the average of the daily closing prices as reported on the NYSE during the period presented. Average market value per unit for all other senior securities included in the table is not applicable because these are not registered for public trading. | ||||||||||||||||||
General Description of Registrant [Abstract] | |||||||||||||||||||
Investment Objectives and Practices [Text Block] | OVERVIEW OF OUR BUSINESS Our principal investment objective is to maximize our portfolio’s total return by generating current income from our debt investments and current income and capital appreciation from our equity and equity-related investments, including warrants, convertible securities and other rights to acquire equity securities in a portfolio company. We seek to achieve our investment objective through our LMM, Private Loan (as defined below) and Middle Market investment strategies. Our LMM investment strategy involves investments in companies that generally have annual revenues between $10 million and $150 million and our LMM portfolio investments generally range in size from $5 million to $100 million. Our private loan (“Private Loan”) investment strategy involves investments in companies that are generally consistent with the size of the companies in our LMM and Middle Market investment strategies, and our Private Loan investments generally range in size from $10 million to $75 million. Our Middle Market investment strategy involves investments in companies that are generally larger in size than our LMM companies, with annual revenues typically between $150 million and $1.5 billion, and our Middle Market investments generally range in size from $3 million to $25 million. We seek to fill the financing gap for LMM businesses, which, historically, have had limited access to financing from commercial banks and other traditional sources. The underserved nature of the LMM creates the opportunity for us to meet the financing needs of LMM companies while also negotiating favorable transaction terms and equity participation. Our ability to invest across a company’s capital structure, from secured loans to equity securities, allows us to offer portfolio companies a comprehensive suite of financing options, or a “one-stop” financing solution. Providing customized, “one-stop” financing solutions is important to LMM portfolio companies. We generally seek to partner directly with entrepreneurs, management teams and business owners in making our investments. Our LMM portfolio debt investments are generally secured by a first lien on the assets of the portfolio company and typically have a term of between five and seven years from the original investment date. Private Loan investments primarily consist of debt securities that have primarily been originated directly by us or, to a lesser extent, through our strategic relationships with other investment funds on a collaborative basis through investments that are often referred to in the debt markets as “club deals” because of the small lender group size. Our Private Loan investments are typically made to support a company owned by or in the process of being acquired by a private equity sponsor. Private Loan investments are typically similar in size, structure, terms and conditions to investments we hold in our LMM portfolio and Middle Market portfolio. Our Private Loan portfolio debt investments are generally secured by a first priority lien on the assets of the portfolio company and typically have a term of between three and seven years from the original investment date. We may also co-invest with the private equity sponsors in the equity securities of our Private Loan portfolio companies. Our Middle Market portfolio investments primarily consist of direct investments in or secondary purchases of debt securities acquired through a syndicated process in privately held companies based in the United States that are generally larger in size than the companies included in our LMM portfolio. Our Middle Market portfolio debt investments are generally secured by a first priority lien on the assets of the portfolio company and typically have an expected duration of between three and seven years from the original investment date. Our other portfolio (“Other Portfolio”) investments primarily consist of investments that are not consistent with the typical profiles for our LMM, Private Loan or Middle Market portfolio investments, including investments which may be managed by third parties. In our Other Portfolio, we may incur indirect fees and expenses in connection with investments managed by third parties, such as investments in other investment companies or private funds. Subject to changes in our cash and overall liquidity, our Investment Portfolio (as defined below) may also include short-term portfolio investments that are atypical of our LMM, Private Loan and Middle Market portfolio investments in that they are intended to be a short-term deployment of capital. These assets are typically expected to be liquidated in one year or less and are not expected to be a significant portion of the overall Investment Portfolio. The “Investment Portfolio,” as used herein, refers to all of our investments in LMM companies (including both our LMM and Private Loan portfolio investments) and investments in Middle Market companies (including both our Private Loan and Middle Market portfolio investments), Other Portfolio investments, short-term portfolio investments and our investment in the External Investment Manager. Our external asset management business is conducted through the External Investment Manager. The External Investment Manager earns management fees based on the assets of the funds under management and may earn incentive fees, or a carried interest, based on the performance of the funds managed. Our portfolio investments are generally made through MSCC, the Taxable Subsidiaries, the Funds and the Structured Subsidiaries. MSCC, the Taxable Subsidiaries, the Funds and the Structured Subsidiaries share the same investment strategies and criteria, although they are subject to different regulatory regimes (see Regulation ). An investor’s return in MSCC will depend, in part, on the Taxable Subsidiaries’, the Funds’ and the Structured Subsidiaries’ investment returns as they are wholly-owned subsidiaries of MSCC. The level of new portfolio investment activity will fluctuate from period to period based upon our view of the current economic fundamentals, our ability to identify new investment opportunities that meet our investment criteria, and our ability to consummate the identified opportunities. The level of new investment activity, and associated interest and fee income, will directly impact future investment income. In addition, the level of dividends paid by portfolio companies and the portion of our portfolio debt investments on non-accrual status will directly impact future investment income. While we intend to grow our portfolio and our investment income over the long term, our growth and our operating results may be more limited during depressed economic periods. However, we intend to appropriately manage our cost structure and liquidity position based on applicable economic conditions and our investment outlook. The level of realized gains or losses and unrealized appreciation or depreciation on our investments will also fluctuate depending upon portfolio activity, economic conditions and the performance of our individual portfolio companies. The changes in realized gains and losses and unrealized appreciation or depreciation could have a material impact on our operating results. Because we are internally managed, we do not pay any external investment advisory fees, but instead directly incur the operating costs associated with employing investment and portfolio management professionals. We believe that our internally managed structure provides us with a better alignment of interests between our management team and our employees and our shareholders and a beneficial operating expense structure when compared to other publicly traded and privately held investment firms which are externally managed, and our internally managed structure allows us the opportunity to leverage our non-interest operating expenses as we grow our Investment Portfolio and our External Investment Manager’s asset management business (as defined below). For the years ended December 31, 2023 and 2022, the ratio of our total operating expenses, excluding interest expense, as a percentage of our quarterly average total assets was 1.3% and 1.4%, respectively. The ratio of our total operating expenses, including interest expense, as a percentage of our quarterly average total assets was 3.7% and 3.3%, respectively, for the years ended December 31, 2023 and 2022. Our ratio of expenses as a percentage of our average net asset value is described in greater detail in Note F - Financial Highlights to the consolidated financial statements included in Item 8. Consolidated Financial Statements and Supplementary Data of this Annual Report on Form 10-K. The External Investment Manager serves as the investment adviser and administrator to MSC Income Fund, Inc. (“MSC Income”) pursuant to an Investment Advisory and Administrative Services Agreement entered into in October 2020 between the External Investment Manager and MSC Income (the “Advisory Agreement”). Under the Advisory Agreement, the External Investment Manager earns a 1.75% annual base management fee on MSC Income’s average total assets, an incentive fee equal to 20% of pre-investment fee net investment income above a specified investment return hurdle rate and a 20% incentive fee on cumulative net realized capital gains in exchange for providing advisory services to MSC Income. Additionally, the External Investment Manager has entered into investment management agreements with MS Private Loan Fund I, LP (the “Private Loan Fund”) and MS Private Loan Fund II, LP (the “Private Loan Fund II”), each a private investment fund with a strategy to co-invest with Main Street in Private Loan portfolio investments, pursuant to which the External Investment Manager provides investment advisory and management services to each fund in exchange for an asset-based fee and certain incentive fees. The External Investment Manager may also advise other clients, including funds and separately managed accounts, pursuant to advisory and services agreements with such clients in exchange for asset-based and incentive fees. The External Investment Manager earns management fees based on the assets of the funds and accounts under management and may earn incentive fees, or a carried interest, based on the performance of the funds and accounts managed. The total contribution of the External Investment Manager to our net investment income consists of the combination of the expenses allocated to the External Investment Manager and the dividend income earned from the External Investment Manager. For the years ended December 31, 2023, 2022 and 2021, the total contribution of the External Investment Manager to our net investment income was $33.4 million, $22.3 million and $16.5 million, respectively. For the years ended December 31, 2023, 2022 and 2021, the External Investment Manager earned $22.4 million, $21.8 million and $17.7 million in base management fees, respectively, $13.4 million, $2.5 million and $0.6 million in incentive fees, respectively, and $0.6 million, $0.6 million and $0 of administrative service fee income, respectively. We have entered into an agreement with the External Investment Manager to share employees in connection with its asset management business generally, and specifically for its relationship with MSC Income and its other clients. Through this agreement, we share employees with the External Investment Manager, including their related infrastructure, business relationships, management expertise and capital raising capabilities, and we allocate the related expenses to the External Investment Manager pursuant to the sharing agreement. Our total expenses for the years ended December 31, 2023, 2022 and 2021 are net of expenses allocated to the External Investment Manager of $22.1 million, $13.0 million and $10.3 million, respectively. We have received an exemptive order from the SEC permitting co-investments among us, MSC Income and other funds and clients advised by the External Investment Manager in certain negotiated transactions where co-investing would otherwise be prohibited under the 1940 Act. We have made co-investments with, and in the future intend to continue to make co-investments with MSC Income, the Private Loan Fund, the Private Loan Fund II and other funds and clients advised by the External Investment Manager, in accordance with the conditions of the order. The order requires, among other things, that we and the External Investment Manager consider whether each such investment opportunity is appropriate for us and the External Investment Manager’s advised clients, as applicable, and if it is appropriate, to propose an allocation of the investment opportunity between such parties. Because the External Investment Manager may receive performance-based fee compensation from funds and clients advised by the External Investment Manager, this may provide the Company and the External Investment Manager an incentive to allocate opportunities to other participating funds and clients instead of us. However, both we and the External Investment Manager have policies and procedures in place to manage this conflict, including oversight by the independent members of our Board of Directors. In addition to the co-investment program described above, we also co-invest in syndicated deals and other transactions where price is the only negotiated point by us and our affiliates. | ||||||||||||||||||
Risk Factors [Table Text Block] | Risk Factors Investing in our securities involves a number of significant risks. In addition to the other information contained in this Annual Report on Form 10-K, you should consider carefully the following information before making an investment in our securities. The risks set out below are not the only risks we face. Additional risks and uncertainties not presently known to us or not presently deemed material by us might also impair our operations and performance. If any of the following events occur, our business, financial condition and results of operations could be materially and adversely affected. In such case, our NAV, the trading price of our common stock and the value of our other securities could decline, and you may lose all or part of your investment. SUMMARY OF RISK FACTORS The following is a summary of the principal risk factors associated with an investment in our securities. Further details regarding each risk included in the below summary list can be found further below. Risks Related to our Business and Structure • Because our Investment Portfolio is recorded at fair value, there is and will continue to be uncertainty as to the value of our portfolio investments. • Our financial condition and results of operations depends on our ability to effectively manage and deploy capital. • We are subject to risks associated with the interest rate environment and changes in interest rates will affect our cost of capital, net investment income and the value of our investments. • We face increasing competition for investment opportunities. • We are dependent upon our key investment personnel for our future success. • Our success depends on attracting and retaining qualified personnel in a competitive environment. • Our business model depends to a significant extent upon strong referral relationships. • Our Board of Directors may change our operating policies and strategies without prior notice or stockholder approval, the effects of which may be adverse. Risks Related to our Investments • The types of portfolio companies in which we invest involve significant risks and we could lose all or part of our investment. • Economic recessions or downturns could impair our portfolio companies’ performance and defaults by our portfolio companies will harm our operating results. • Rising credit spreads could affect the value of our investments, and rising interest rates make it more difficult for portfolio companies to make periodic payments on their loans. • Inflation could adversely affect the business, results of operations and financial condition of our portfolio companies. • We may be exposed to higher risks with respect to our investments that include original issue discount or PIK interest. • The lack of liquidity in our investments may adversely affect our business. • We may not have the funds or ability to make additional investments in our portfolio companies. • There may be circumstances where our debt investments could be subordinated to claims of other creditors or we could be subject to lender liability claims. • We generally will not control our portfolio companies. • Defaults by our portfolio companies will harm our operating results. • Any unrealized depreciation that we experience in our portfolio may be an indication of future realized losses, which could reduce our income and gains available for distribution. • Prepayments of our debt investments by our portfolio companies could adversely impact our results of operations and reduce our return on equity. • The discontinuation and replacement of LIBOR may adversely affect the value of floating-rate debt securities in our portfolio or issued by us. • We may be subject to risks associated with “covenant-lite” loans. • We may not realize gains from our equity investments. Risks Related to Leverage • Because we borrow money, the potential for gain or loss on amounts invested in us is magnified and may increase the risk of investing in us. • All of our assets are subject to security interests under our senior securities and if we default on our obligations under our senior securities, we may suffer adverse consequences, including foreclosure on our assets. • We are subject to risks associated with any revolving credit facility that utilizes a Structured Subsidiary as our interests in any Structured Subsidiary are subordinated and we could be prevented from receiving cash on our equity interests from a Structured Subsidiary. Risks Related to our Investment Management Activities • Our executive officers and employees, through the External Investment Manager, may manage other investment funds that operate in the same or a related line of business as we do, and may invest in such funds, which may result in significant conflicts of interest. • We, through the External Investment Manager, derive revenues from managing third-party funds pursuant to management agreements that may be terminated. Risks Related to BDCs • Operating under the constraints imposed on us as a BDC and RIC may hinder the achievement of our investment objectives. Risks Related to our Securities • Investing in our securities may involve a high degree of risk. • Shares of closed-end investment companies, including BDCs, may trade at a discount to their NAV. • We may not be able to pay distributions to our stockholders, our distributions may not grow over time, and a portion of distributions paid to our stockholders may be a return of capital. Risks Related to our SBIC Funds • We, through the Funds, issue debt securities guaranteed by the SBA and sold in the capital markets. As a result of its guarantee of the debt securities, the SBA has fixed dollar claims on the assets of the Funds that are superior to the claims of our securities holders. Federal Income Tax Risks • We will be subject to corporate-level U.S. federal income tax if we are unable to qualify as a RIC under Subchapter M of the Code. • We may have difficulty paying the distributions required to maintain RIC tax treatment under the Code if we recognize income before or without receiving cash representing such income. General Risk Factors • Events outside of our control, including public health crises, supply chain disruptions and inflation, could negatively affect our portfolio companies and the results of our operations. • We are currently operating in a period of capital markets disruption and economic uncertainty, and capital markets may experience periods of disruption and instability in the future. • Failure to comply with applicable laws or regulations and changes in laws or regulations governing our operations may adversely affect our business or cause us to alter our business strategy. • We are highly dependent on information systems and systems failures could significantly disrupt our business. RISKS RELATED TO OUR BUSINESS AND STRUCTURE Because our Investment Portfolio is recorded at fair value, there is and will continue to be uncertainty as to the value of our portfolio investments. Under the 1940 Act, we are required to carry our portfolio investments at market value or, if there is no readily available market value, at fair value as determined by us pursuant to procedures established and overseen by our Board of Directors. Typically, there is not a public market for the securities of the privately held companies in which we invest through our LMM and Private Loan investment strategies. As a result, we value these securities quarterly at fair value based on inputs from management and a nationally recognized independent financial advisory services firm (on a rotational basis) pursuant to Valuation Procedures approved by our Board of Directors. In addition, the market for investments in companies that we invest through our Middle Market investment strategy is generally not a liquid market, and therefore, we primarily use a combination of observable inputs in non-active markets for which sufficient observable inputs were not available to determine the fair value of these investments and unobservable inputs, pursuant to our Valuation Procedures. See Note B.1. — Summary of Significant Accounting Policies — Valuation of the Investment Portfolio included in Item 8. Consolidated Financial Statements and Supplementary Data of this Annual Report on Form 10-K for a detailed discussion of our Investment Portfolio valuation process and procedures. The determination of fair value and consequently, the amount of unrealized gains and losses in our portfolio, are to a certain degree, subjective and dependent on a valuation process approved by our Board of Directors. Certain factors that may be considered in determining the fair value of our investments include external events, such as private mergers, sales and acquisitions involving comparable companies. Because such valuations, and particularly valuations of securities in privately held companies, are inherently uncertain, may fluctuate over short periods of time and may be based on estimates, our determinations of fair value may differ materially from the values that would have been used if a ready market for these securities existed. Due to this uncertainty, our fair value determinations may cause our NAV on a given date to materially understate or overstate the value that we may ultimately realize on one or more of our investments. As a result, investors purchasing our securities based on an overstated NAV would pay a higher price than the value of our investments might warrant. Conversely, investors selling our securities during a period in which the NAV understates the value of our investments may receive a lower price for their securities than the value of our investments might warrant. Our financial condition and results of operations depends on our ability to effectively manage and deploy capital. Our ability to achieve our investment objective of maximizing our portfolio’s total return by generating current income from our debt investments and current income and capital appreciation from our equity and equity-related investments, including warrants, convertible securities and other rights to acquire equity securities in a portfolio company, depends on our ability to effectively manage and deploy capital, which depends, in turn, on our investment team’s ability to identify, evaluate and monitor, and our ability to finance and invest in, companies that meet our investment criteria. Accomplishing our investment objective on a cost-effective basis is largely a function of our investment team’s handling of the investment process, its ability to provide competent, attentive and efficient services and our access to investments offering acceptable terms. In addition to monitoring the performance of our existing investments, members of our investment team are also called upon, from time to time, to provide managerial assistance to some of our portfolio companies. These demands on their time may distract them or slow the rate of investment. Even if we are able to grow and build upon our investment operations, any failure to manage our growth effectively could have a material adverse effect on our business, financial condition, results of operations and prospects. The results of our operations will depend on many factors, including the availability of opportunities for investment, readily accessible short and long-term funding alternatives in the financial markets and economic conditions. Furthermore, if we cannot successfully operate our business or implement our investment policies and strategies as described herein, it could negatively impact our ability to pay dividends. We are subject to risks associated with the interest rate environment and changes in interest rates will affect our cost of capital, net investment income and the value of our investments. To the extent we borrow money or issue debt securities or preferred stock to make investments, our net investment income will depend, in part, upon the difference between the rate at which we borrow funds or pay interest or dividends on such debt securities or preferred stock and the rate at which we invest these funds. In addition, many of our debt investments and borrowings have floating interest rates that reset on a periodic basis, and many of our investments are subject to interest rate floors. As a result, a change in market interest rates could have a material adverse effect on our net investment income. In periods of rising interest rates, our cost of funds will increase because the interest rates on the amounts borrowed under our credit facilities are floating, and any new fixed rate debt may be issued at higher coupon rates, which could reduce our net investment income to the extent any debt investments have either fixed interest rates, or in periods when debt investments with floating interest rates are subject to an interest rate floor above then current levels. In periods of declining interest rates, our interest income and our net investment income could be reduced as the interest income earned on our floating rate debt investments declines and any new fixed rate debt may be issued at lower coupon rates. See further discussion and analysis at Item 7A. Quantitative and Qualitative Disclosures about Market Risk . We can use interest rate risk management techniques in an effort to limit our exposure to interest rate fluctuations. Such techniques could include various interest rate hedging activities to the extent permitted by the 1940 Act and applicable commodities laws. These activities could limit our ability to participate in the benefits of lower interest rates with respect to the hedged borrowings. Adverse developments resulting from changes in interest rates or hedging transactions could have a material adverse effect on our business, financial condition and results of operations. An increase in the market pricing of the spreads charged over index rates on floating rate investments could lead to a decline in the fair value of the debt securities we own, which would adversely affect our NAV. Also, an increase in interest rates available to investors could make an investment in our common stock less attractive if we are not able to increase our dividends, which could reduce the value of our common stock. We face increasing competition for investment opportunities. We compete for investments with other investment funds (including private equity funds, debt funds, mezzanine funds, collateralized loan obligation funds, or CLOs, BDCs and SBICs), as well as traditional financial services companies such as commercial banks and other sources of funding. Many of our competitors are substantially larger and have considerably greater financial, technical and marketing resources than we do. For example, some competitors may have a lower cost of capital and access to funding sources that are not available to us. In addition, some of our competitors may have higher risk tolerances or different risk assessments than we have. These characteristics could allow our competitors to consider a wider variety of investments, establish more relationships and offer better pricing and more flexible structuring than we are able to do. We may lose investment opportunities if we do not match our competitors’ pricing, terms and structure. If we are forced to match our competitors’ pricing, terms and structure, we may not be able to achieve acceptable returns on our investments or may bear substantial risk of capital loss. A significant part of our competitive advantage stems from the fact that the market for investments in LMM companies is underserved by traditional commercial banks and other financing sources. A significant increase in the number and/or the size of our competitors in this target market could force us to accept less attractive investment terms. Furthermore, many of our competitors are not subject to the regulatory restrictions that the 1940 Act imposes on us as a BDC. We are dependent upon our key investment personnel for our future success. We depend on the members of our investment team, particularly Dwayne L. Hyzak, David L. Magdol, Jesse E. Morris, Jaime Arreola, K. Colton Braud, III, Damian T. Burke, Samuel A. Cashiola, Diego Fernandez and Nicholas T. Meserve for the identification, review, final selection, structuring, closing and monitoring of our investments. These employees have significant investment expertise and relationships that we rely on to implement our business plan. Although we have entered into non-compete arrangements with all of our executive officers and other key employees, we cannot guarantee that any employees will remain employed with us. If we lose the services of the individuals mentioned above, we may not be able to operate our business as we expect, and our ability to compete could be harmed, which could cause our operating results to suffer. Our success depends on attracting and retaining qualified personnel in a competitive environment. Our growth will require that we retain new investment and administrative personnel in a competitive market. Our ability to attract and retain personnel with the requisite credentials, experience and skills depends on several factors including, but not limited to, our ability to offer competitive wages, benefits and professional growth opportunities. Many of the entities, including investment funds (such as private equity funds, debt funds and mezzanine funds) and traditional financial services companies, with which we compete for experienced personnel have greater resources than we have. The competitive environment for qualified personnel may require us to take certain measures to ensure that we are able to attract and retain experienced personnel. Such measures may include increasing the attractiveness of our overall compensation packages, altering the structure of our compensation packages through the use of additional forms of compensation, or other steps. The inability to attract and retain experienced personnel would have a material adverse effect on our business. Our business model depends to a significant extent upon strong referral relationships. We expect that members of our management team will maintain their relationships with intermediaries, financial institutions, investment bankers, commercial bankers, financial advisors, attorneys, accountants, consultants and other individuals within our network, and we will rely to a significant extent upon these relationships to provide us with potential investment opportunities. If our management team fails to maintain its existing relationships or develop new relationships with sources of investment opportunities, we will not be able to grow our Investment Portfolio. In addition, individuals with whom members of our management team have relationships are not obligated to provide us with investment opportunities, and, therefore, there is no assurance that such relationships will generate investment opportunities for us. Our Board of Directors may change our operating policies and strategies without prior notice or stockholder approval, the effects of which may be adverse. Our Board of Directors has the authority to modify or waive our current operating policies, investment criteria and strategies without prior notice and without stockholder approval. We cannot predict the effect any changes to our current operating policies, investment criteria and strategies would have on our business, NAV, operating results and value of our stock. However, the effects might be adverse, which could negatively impact our ability to pay interest and principal payments to holders of our debt instruments and dividends to our stockholders and cause our investors to lose all or part of their investment in us. We are a non-diversified investment company within the meaning of the 1940 Act, and therefore we are not limited with respect to the proportion of our assets that may be invested in securities of a single issuer. We are classified as a non-diversified investment company within the meaning of the 1940 Act, which means that we are not limited by the 1940 Act with respect to the proportion of our assets that we may invest in securities of a single issuer. Under the 1940 Act, a “diversified” investment company is required to invest at least 75% of the value of its total assets in cash and cash items, government securities, securities of other investment companies and other securities limited in respect of any one issuer to an amount not greater than 5% of the value of the total assets of such company and no more than 10% of the outstanding voting securities of such issuer. As a non-diversified investment company, we are not subject to this requirement. To the extent that we assume large positions in the securities of a small number of issuers, our NAV may fluctuate to a greater extent than that of a diversified investment company as a result of changes in the financial condition or the market’s assessment of the issuer. We may also be more susceptible to any single economic or regulatory occurrence than a diversified investment company. Beyond our RIC asset diversification requirements, we do not have fixed guidelines for diversification, and our investments could be concentrated in relatively few portfolio companies. See Risk Factors — Federal Income Tax Risks — We will be subject to corporate-level U.S. federal income tax if we are unable to qualify as a RIC under Subchapter M of the Code. We and our portfolio companies may maintain cash balances at financial institutions that exceed federally insured limits and may otherwise be materially affected by adverse developments affecting the financial services industry, such as actual events or concerns involving liquidity, defaults or non-performance by financial institutions or transactional counterparties. Cash held by us and by our portfolio companies in non-interest-bearing and interest-bearing operating accounts may exceed the Federal Deposit Insurance Corporation (“FDIC”) insurance limits. If such banking institutions were to fail, we or our portfolio companies could lose all or a portion of those amounts held in excess of such insurance limitations. In addition, actual events involving limited liquidity, defaults, non-performance or other adverse developments that affect financial institutions, transactional counterparties or other companies in the financial services industry or the financial services industry generally, or concerns or rumors about any events of these kinds or other similar risks, have in the past and may in the future lead to market-wide liquidity problems, which could adversely affect our and our portfolio companies’ business, financial condition, results of operations or prospects. Although we assess our portfolio companies’ banking relationships as we believe necessary or appropriate, our and our portfolio companies’ access to funding sources and other credit arrangements in amounts adequate to finance or capitalize our respective current and projected future business operations could be significantly impaired by factors that affect us or our portfolio companies, the financial institutions with which we or our portfolio companies have arrangements directly or the financial services industry or economy in general. These factors could include, among others, events such as liquidity constraints or failures, the ability to perform obligations under various types of financial, credit or liquidity agreements or arrangements, disruptions or instability in the financial services industry or financial markets or concerns or negative expectations about the prospects for companies in the financial services industry. These factors could involve financial institutions or financial services industry companies with which we or our portfolio companies have financial or business relationships, but could also include factors involving financial markets or the financial services industry generally. In addition, investor concerns regarding the U.S. or international financial systems could result in less favorable commercial financing terms, including higher interest rates or costs and tighter financial and operating covenants or systemic limitations on access to credit and liquidity sources, thereby making it more difficult for us or our portfolio companies to acquire financing on acceptable terms or at all. We are subject to risks related to corporate social responsibility. Our business faces increasing public scrutiny related to environmental, social and governance (“ESG”) activities. We risk damage to our brand and reputation if we fail to act responsibly in a number of areas, such as diversity and inclusion, environmental stewardship, support for local communities, corporate governance and transparency and considering ESG factors in our investment processes. Adverse incidents with respect to ESG activities could impact the value of our brand, the cost of our operations and relationships with investors, all of which could adversely affect our business and results of operations. Additionally, new regulatory initiatives related to ESG could adversely affect our business. RISKS RELATED TO OUR INVESTMENTS The types of portfolio companies in which we invest involve significant risks and we could lose all or part of our investment. Investing in the types of companies that comprise our portfolio companies exposes us to a number of significant risks. Among other things, these companies: • may have limited financial resources and may be unable to meet their obligations under their debt instruments that we hold, which may be accompanied by a deterioration in the value of any collateral and a reduction in the likelihood of us realizing any guarantees from subsidiaries or affiliates of our portfolio companies that we may have obtained in connection with our investment, as well as a corresponding decrease in the value of the equity components of our investments; • may have shorter operating histories, narrower product lines, smaller market shares and/or significant customer concentrations than larger businesses, which tend to render them more vulnerable to competitors’ actions and market conditions, as well as general economic downturns; • are more likely to depend on the management talents and efforts of a small group of persons; therefore, the death, disability, resignation, termination or significant under-performance of one or more of these persons could have a material adverse impact on our portfolio company and, in turn, on us; • generally have less predictable operating results, may from time to time be parties to litigation, may be engaged in rapidly changing businesses with products subject to a substantial risk of obsolescence, and may require substantial additional capital to support their operations, finance expansion or maintain their competitive position; and • generally have less publicly available information about their businesses, operations and financial condition. We are required to rely on the ability of our management team and investment professionals to obtain adequate information to evaluate the potential returns from investing in these companies. If we are unable to uncover all material information about these companies, we may not make a fully informed investment decision, and may lose all or part of our investment. In addition certain of our officers and directors may serve as directors on the boards of our portfolio companies. To the extent that litigation arises out of our investments in these companies, our officers and directors may be named as defendants in such litigation, which could result in an expenditure of funds (through our indemnification of such officers and directors) and the diversion of management time and resources. Economic recessions or downturns could impair our portfolio companies’ performance and defaults by our portfolio companies will harm our operating results. Many of our portfolio companies are susceptible to economic slowdowns or recessions and could be unable to repay our loans during these periods. Therefore, the number of non-performing assets are likely to increase and the value of our portfolio is likely to decrease during these periods. Adverse economic conditions could decrease the value of collateral securing any of our loans and the value of any equity investments. A severe recession could further decrease the value of such collateral and result in losses of value in our portfolio and a decrease in our revenues, net income, assets and net worth. Economic slowdowns or recessions could lead to financial losses in our portfolio and a decrease in revenues, net income and assets. Unfavorable economic conditions also could increase our funding costs, limit our access to the capital markets or result in a decision by lenders not to extend credit to us. These events could prevent us from increasing our investments and harm our operating results. Any deterioration of general economic conditions could lead to significant declines in corporate earnings or loan performance, and the ability of corporate borrowers to service their debt, any of which could trigger a period of global economic slowdown, and have an adverse impact on our performance and financial results, and the value and the liquidity of our investments. In an economic downturn, we could have non-performing assets or an increase in non-performing assets, and we would anticipate that the value of our portfolio would decrease during these periods. Failure to satisfy financial or operating covenants imposed by lenders, including us, to a portfolio company could lead to defaults and, potentially, acceleration of payments on such loans and foreclosure on the assets representing collateral for the portfolio company’s obligations. Cross default provisions under other agreements could be triggered and thus limit the portfolio company’s ability to satisfy its obligations under any debt that we hold and affect the value of any equity securities we own. We would expect to incur expenses to the extent necessary to seek recovery upon default or to negotiate new terms with a portfolio company following or in anticipation of a default. Rising credit spreads could affect the value of our investments, and rising interest rates make it more difficult for portfolio companies to make periodic payments on their loans. Some of our portfolio investments are debt securities that bear interest at variable rates and may be negatively affected by changes in market interest rates. Rising interest rates make it more difficult for borrowers to repay debt, which could increase the risk of payment defaults and cause the portfolio companies to defer or cancel needed investment. Any failure of one or more portfolio companies to repay or refinance its debt at or prior to maturity or the inability of one or more portfolio companies to make ongoing payments following an increase in contractual interest rates could have a material adverse effect on our business, financial condition, results of operations and cash flows. The value of our securities could also be reduced from an increase in market credit spreads as rates available to investors could make an investment in our securities less attractive than alternative investments. Conversely, decreases in market interest rates could negatively impact the interest income from our variable rate debt investments while the interest we pay on our fixed rate debt securities does not change. A decrease in market interest rates may also have an adverse impact on our returns by requiring us to accept lower yields on our debt investments and by increasing the risk that our portfolio companies will prepay our debt investments, resulting in the need to redeploy capital at potentially lower rates. Inflation could adversely affect the business, results of operations and financial condition of our portfolio companies. Certain of our portfolio companies are in industries that could be impacted by inflation. If such portfolio companies are unable to pass any increases in their costs of operations along to their customers, it could adversely affect their operating results and impact their ability to pay dividends on our equity investments and/or interest and principal on our loans, particularly if interest rates rise in response to inflation. In addition, any projected future decreases in our portfolio companies’ operating results due to inflation could adversely impact the fair value of those investments. Any decreases in the fair value of our investments could result in future realized or unrealized losses and therefore reduce our net increase (decrease) in net assets resulting from oper | ||||||||||||||||||
Effects of Leverage [Text Block] | The following table illustrates the effect of leverage on returns from an investment in our common stock assuming various annual returns, net of expenses. The calculations in the table below are hypothetical and actual returns may be higher or lower than those appearing below. Assumed Return on Our Portfolio (1) (net of expenses) (10.0) % (5.0) % 0.0% 5.0% 10.0% Corresponding Net Return to Common Stock Holder (2) (21.6) % (12.6) % (3.7) % 5.3% 14.3% ______________________ (1) Assumes, as of December 31, 2023, $4,443.6 million in total assets, $1,810.0 million in debt outstanding, $2,477.4 million in net assets, and a weighted-average interest rate of 5.0%. Actual interest payments may be different. (2) In order for us to cover our annual interest payments on indebtedness, we must achieve annual returns on our December 31, 2023 total assets of at least 2.1%. | ||||||||||||||||||
Annual Interest Rate [Percent] | 5% | ||||||||||||||||||
Annual Coverage Return Rate [Percent] | 2.10% | ||||||||||||||||||
Return at Minus Ten [Percent] | (21.60%) | ||||||||||||||||||
Return at Minus Five [Percent] | (12.60%) | ||||||||||||||||||
Return at Zero [Percent] | (3.70%) | ||||||||||||||||||
Return at Plus Five [Percent] | 5.30% | ||||||||||||||||||
Return at Plus Ten [Percent] | 14.30% | ||||||||||||||||||
Share Price [Table Text Block] | COMMON STOCK AND HOLDERS Our common stock is traded on the NYSE under the symbol “MAIN.” The following table sets forth, for the periods indicated, the range of high and low closing prices of our common stock as reported on the NYSE, and the sales price as a percentage of the NAV per share of our common stock. Price Range Premium of Premium of NAV(1) High Low NAV(2) NAV(2) Year ending December 31, 2024 First Quarter (through February 21, 2024) * $ 45.98 $ 43.45 * * Year ended December 31, 2023 Fourth Quarter $ 29.20 $ 43.80 $ 37.87 50 % 30 % Third Quarter 28.33 42.73 39.61 51 % 40 % Second Quarter 27.69 41.17 38.10 49 % 38 % First Quarter 27.23 42.49 36.87 56 % 35 % Year ended December 31, 2022 Fourth Quarter $ 26.86 $ 39.50 $ 32.57 47 % 21 % Third Quarter 25.94 45.28 33.23 75 % 28 % Second Quarter 25.37 43.65 34.59 72 % 36 % First Quarter 25.89 44.88 39.94 73 % 54 % ______________________ * NAV has not yet been determined for the first quarter of 2024. (1) NAV is determined as of the last day in the relevant quarter and therefore may not reflect the NAV per share on the date of the high and low closing prices. The net asset values shown are based on outstanding shares at the end of each period. (2) Calculated for each quarter as (i) NAV subtracted from the respective high or low share price divided by (ii) NAV. On February 21, 2024, the last sale price of our common stock on the NYSE was $44.88 per share, and there were 404 holders of record of the common stock which did not include stockholders for whom shares are held in “nominee” or “street name.” The NAV per share of our common stock on December 31, 2023 was $29.20, and the premium of the February 21, 2024 closing price of our common stock was 54% to this NAV per share. Shares of BDCs may trade at a market price that is less than the value of the net assets attributable to those shares. The possibility that our shares of common stock will trade at a discount from NAV per share or at premiums that are unsustainable over the long term are separate and distinct from the risk that our NAV per share will decrease. It is not possible to predict whether our common stock will trade at, above, or below NAV per share. Since our IPO in October 2007, our shares of common stock have traded at prices both less than and exceeding our NAV per share. | ||||||||||||||||||
Lowest Price or Bid | $ 37.87 | $ 39.61 | $ 38.10 | $ 36.87 | $ 32.57 | $ 33.23 | $ 34.59 | $ 39.94 | |||||||||||
Highest Price or Bid | $ 43.80 | $ 42.73 | $ 41.17 | $ 42.49 | $ 39.50 | $ 45.28 | $ 43.65 | $ 44.88 | |||||||||||
Highest Price or Bid, Premium (Discount) to NAV [Percent] | 50% | 51% | 49% | 56% | 47% | 75% | 72% | 73% | |||||||||||
Lowest Price or Bid, Premium (Discount) to NAV [Percent] | 30% | 40% | 38% | 35% | 21% | 28% | 36% | 54% | |||||||||||
NAV Per Share | $ 29.20 | $ 29.20 | $ 28.33 | $ 27.69 | $ 27.23 | $ 26.86 | $ 25.94 | $ 25.37 | $ 25.89 | $ 29.20 | $ 23.53 | $ 22.10 | $ 21.24 | $ 20.85 | $ 25.29 | $ 22.35 | $ 23.91 | $ 24.09 | $ 19.89 |
Because our Investment Portfolio is recorded at fair value, there is and will continue to be uncertainty as to the value of our portfolio investments. [Member] | |||||||||||||||||||
General Description of Registrant [Abstract] | |||||||||||||||||||
Risk [Text Block] | Because our Investment Portfolio is recorded at fair value, there is and will continue to be uncertainty as to the value of our portfolio investments. Under the 1940 Act, we are required to carry our portfolio investments at market value or, if there is no readily available market value, at fair value as determined by us pursuant to procedures established and overseen by our Board of Directors. Typically, there is not a public market for the securities of the privately held companies in which we invest through our LMM and Private Loan investment strategies. As a result, we value these securities quarterly at fair value based on inputs from management and a nationally recognized independent financial advisory services firm (on a rotational basis) pursuant to Valuation Procedures approved by our Board of Directors. In addition, the market for investments in companies that we invest through our Middle Market investment strategy is generally not a liquid market, and therefore, we primarily use a combination of observable inputs in non-active markets for which sufficient observable inputs were not available to determine the fair value of these investments and unobservable inputs, pursuant to our Valuation Procedures. See Note B.1. — Summary of Significant Accounting Policies — Valuation of the Investment Portfolio included in Item 8. Consolidated Financial Statements and Supplementary Data of this Annual Report on Form 10-K for a detailed discussion of our Investment Portfolio valuation process and procedures. The determination of fair value and consequently, the amount of unrealized gains and losses in our portfolio, are to a certain degree, subjective and dependent on a valuation process approved by our Board of Directors. Certain factors that may be considered in determining the fair value of our investments include external events, such as private mergers, sales and acquisitions involving comparable companies. Because such valuations, and particularly valuations of securities in privately held companies, are inherently uncertain, may fluctuate over short periods of time and may be based on estimates, our determinations of fair value may differ materially from the values that would have been used if a ready market for these securities existed. Due to this uncertainty, our fair value determinations may cause our NAV on a given date to materially understate or overstate the value that we may ultimately realize on one or more of our investments. As a result, investors purchasing our securities based on an overstated NAV would pay a higher price than the value of our investments might warrant. Conversely, investors selling our securities during a period in which the NAV understates the value of our investments may receive a lower price for their securities than the value of our investments might warrant. | ||||||||||||||||||
Our financial condition and results of operations depends on our ability to effectively manage and deploy capital. [Member] | |||||||||||||||||||
General Description of Registrant [Abstract] | |||||||||||||||||||
Risk [Text Block] | Our financial condition and results of operations depends on our ability to effectively manage and deploy capital. Our ability to achieve our investment objective of maximizing our portfolio’s total return by generating current income from our debt investments and current income and capital appreciation from our equity and equity-related investments, including warrants, convertible securities and other rights to acquire equity securities in a portfolio company, depends on our ability to effectively manage and deploy capital, which depends, in turn, on our investment team’s ability to identify, evaluate and monitor, and our ability to finance and invest in, companies that meet our investment criteria. Accomplishing our investment objective on a cost-effective basis is largely a function of our investment team’s handling of the investment process, its ability to provide competent, attentive and efficient services and our access to investments offering acceptable terms. In addition to monitoring the performance of our existing investments, members of our investment team are also called upon, from time to time, to provide managerial assistance to some of our portfolio companies. These demands on their time may distract them or slow the rate of investment. Even if we are able to grow and build upon our investment operations, any failure to manage our growth effectively could have a material adverse effect on our business, financial condition, results of operations and prospects. The results of our operations will depend on many factors, including the availability of opportunities for investment, readily accessible short and long-term funding alternatives in the financial markets and economic conditions. Furthermore, if we cannot successfully operate our business or implement our investment policies and strategies as described herein, it could negatively impact our ability to pay dividends. | ||||||||||||||||||
We are subject to risks associated with the interest rate environment and changes in interest rates will affect our cost of capital, net investment income and the value of our investments. [Member] | |||||||||||||||||||
General Description of Registrant [Abstract] | |||||||||||||||||||
Risk [Text Block] | We are subject to risks associated with the interest rate environment and changes in interest rates will affect our cost of capital, net investment income and the value of our investments. To the extent we borrow money or issue debt securities or preferred stock to make investments, our net investment income will depend, in part, upon the difference between the rate at which we borrow funds or pay interest or dividends on such debt securities or preferred stock and the rate at which we invest these funds. In addition, many of our debt investments and borrowings have floating interest rates that reset on a periodic basis, and many of our investments are subject to interest rate floors. As a result, a change in market interest rates could have a material adverse effect on our net investment income. In periods of rising interest rates, our cost of funds will increase because the interest rates on the amounts borrowed under our credit facilities are floating, and any new fixed rate debt may be issued at higher coupon rates, which could reduce our net investment income to the extent any debt investments have either fixed interest rates, or in periods when debt investments with floating interest rates are subject to an interest rate floor above then current levels. In periods of declining interest rates, our interest income and our net investment income could be reduced as the interest income earned on our floating rate debt investments declines and any new fixed rate debt may be issued at lower coupon rates. See further discussion and analysis at Item 7A. Quantitative and Qualitative Disclosures about Market Risk . We can use interest rate risk management techniques in an effort to limit our exposure to interest rate fluctuations. Such techniques could include various interest rate hedging activities to the extent permitted by the 1940 Act and applicable commodities laws. These activities could limit our ability to participate in the benefits of lower interest rates with respect to the hedged borrowings. Adverse developments resulting from changes in interest rates or hedging transactions could have a material adverse effect on our business, financial condition and results of operations. An increase in the market pricing of the spreads charged over index rates on floating rate investments could lead to a decline in the fair value of the debt securities we own, which would adversely affect our NAV. Also, an increase in interest rates available to investors could make an investment in our common stock less attractive if we are not able to increase our dividends, which could reduce the value of our common stock. | ||||||||||||||||||
We face increasing competition for investment opportunities. [Member] | |||||||||||||||||||
General Description of Registrant [Abstract] | |||||||||||||||||||
Risk [Text Block] | We face increasing competition for investment opportunities. We compete for investments with other investment funds (including private equity funds, debt funds, mezzanine funds, collateralized loan obligation funds, or CLOs, BDCs and SBICs), as well as traditional financial services companies such as commercial banks and other sources of funding. Many of our competitors are substantially larger and have considerably greater financial, technical and marketing resources than we do. For example, some competitors may have a lower cost of capital and access to funding sources that are not available to us. In addition, some of our competitors may have higher risk tolerances or different risk assessments than we have. These characteristics could allow our competitors to consider a wider variety of investments, establish more relationships and offer better pricing and more flexible structuring than we are able to do. We may lose investment opportunities if we do not match our competitors’ pricing, terms and structure. If we are forced to match our competitors’ pricing, terms and structure, we may not be able to achieve acceptable returns on our investments or may bear substantial risk of capital loss. A significant part of our competitive advantage stems from the fact that the market for investments in LMM companies is underserved by traditional commercial banks and other financing sources. A significant increase in the number and/or the size of our competitors in this target market could force us to accept less attractive investment terms. Furthermore, many of our competitors are not subject to the regulatory restrictions that the 1940 Act imposes on us as a BDC. | ||||||||||||||||||
We are dependent upon our key investment personnel for our future success. [Member] | |||||||||||||||||||
General Description of Registrant [Abstract] | |||||||||||||||||||
Risk [Text Block] | We are dependent upon our key investment personnel for our future success. We depend on the members of our investment team, particularly Dwayne L. Hyzak, David L. Magdol, Jesse E. Morris, Jaime Arreola, K. Colton Braud, III, Damian T. Burke, Samuel A. Cashiola, Diego Fernandez and Nicholas T. Meserve for the identification, review, final selection, structuring, closing and monitoring of our investments. These employees have significant investment expertise and relationships that we rely on to implement our business plan. Although we have entered into non-compete arrangements with all of our executive officers and other key employees, we cannot guarantee that any employees will remain employed with us. If we lose the services of the individuals mentioned above, we may not be able to operate our business as we expect, and our ability to compete could be harmed, which could cause our operating results to suffer. | ||||||||||||||||||
Our success depends on attracting and retaining qualified personnel in a competitive environment. [Member] | |||||||||||||||||||
General Description of Registrant [Abstract] | |||||||||||||||||||
Risk [Text Block] | Our success depends on attracting and retaining qualified personnel in a competitive environment. Our growth will require that we retain new investment and administrative personnel in a competitive market. Our ability to attract and retain personnel with the requisite credentials, experience and skills depends on several factors including, but not limited to, our ability to offer competitive wages, benefits and professional growth opportunities. Many of the entities, including investment funds (such as private equity funds, debt funds and mezzanine funds) and traditional financial services companies, with which we compete for experienced personnel have greater resources than we have. The competitive environment for qualified personnel may require us to take certain measures to ensure that we are able to attract and retain experienced personnel. Such measures may include increasing the attractiveness of our overall compensation packages, altering the structure of our compensation packages through the use of additional forms of compensation, or other steps. The inability to attract and retain experienced personnel would have a material adverse effect on our business. | ||||||||||||||||||
Our business model depends to a significant extent upon strong referral relationships. [Member] | |||||||||||||||||||
General Description of Registrant [Abstract] | |||||||||||||||||||
Risk [Text Block] | Our business model depends to a significant extent upon strong referral relationships. We expect that members of our management team will maintain their relationships with intermediaries, financial institutions, investment bankers, commercial bankers, financial advisors, attorneys, accountants, consultants and other individuals within our network, and we will rely to a significant extent upon these relationships to provide us with potential investment opportunities. If our management team fails to maintain its existing relationships or develop new relationships with sources of investment opportunities, we will not be able to grow our Investment Portfolio. In addition, individuals with whom members of our management team have relationships are not obligated to provide us with investment opportunities, and, therefore, there is no assurance that such relationships will generate investment opportunities for us. | ||||||||||||||||||
Our Board of Directors may change our operating policies and strategies without prior notice or stockholder approval, the effects of which may be adverse. [Member] | |||||||||||||||||||
General Description of Registrant [Abstract] | |||||||||||||||||||
Risk [Text Block] | Our Board of Directors may change our operating policies and strategies without prior notice or stockholder approval, the effects of which may be adverse. Our Board of Directors has the authority to modify or waive our current operating policies, investment criteria and strategies without prior notice and without stockholder approval. We cannot predict the effect any changes to our current operating policies, investment criteria and strategies would have on our business, NAV, operating results and value of our stock. However, the effects might be adverse, which could negatively impact our ability to pay interest and principal payments to holders of our debt instruments and dividends to our stockholders and cause our investors to lose all or part of their investment in us. | ||||||||||||||||||
We are a non-diversified investment company within the meaning of the 1940 Act. [Member] | |||||||||||||||||||
General Description of Registrant [Abstract] | |||||||||||||||||||
Risk [Text Block] | We are a non-diversified investment company within the meaning of the 1940 Act, and therefore we are not limited with respect to the proportion of our assets that may be invested in securities of a single issuer. We are classified as a non-diversified investment company within the meaning of the 1940 Act, which means that we are not limited by the 1940 Act with respect to the proportion of our assets that we may invest in securities of a single issuer. Under the 1940 Act, a “diversified” investment company is required to invest at least 75% of the value of its total assets in cash and cash items, government securities, securities of other investment companies and other securities limited in respect of any one issuer to an amount not greater than 5% of the value of the total assets of such company and no more than 10% of the outstanding voting securities of such issuer. As a non-diversified investment company, we are not subject to this requirement. To the extent that we assume large positions in the securities of a small number of issuers, our NAV may fluctuate to a greater extent than that of a diversified investment company as a result of changes in the financial condition or the market’s assessment of the issuer. We may also be more susceptible to any single economic or regulatory occurrence than a diversified investment company. Beyond our RIC asset diversification requirements, we do not have fixed guidelines for diversification, and our investments could be concentrated in relatively few portfolio companies. See Risk Factors — Federal Income Tax Risks — We will be subject to corporate-level U.S. federal income tax if we are unable to qualify as a RIC under Subchapter M of the Code. | ||||||||||||||||||
We and our portfolio companies may maintain cash balances at financial institutions that exceed federally insured limits. [Member] | |||||||||||||||||||
General Description of Registrant [Abstract] | |||||||||||||||||||
Risk [Text Block] | We and our portfolio companies may maintain cash balances at financial institutions that exceed federally insured limits and may otherwise be materially affected by adverse developments affecting the financial services industry, such as actual events or concerns involving liquidity, defaults or non-performance by financial institutions or transactional counterparties. Cash held by us and by our portfolio companies in non-interest-bearing and interest-bearing operating accounts may exceed the Federal Deposit Insurance Corporation (“FDIC”) insurance limits. If such banking institutions were to fail, we or our portfolio companies could lose all or a portion of those amounts held in excess of such insurance limitations. In addition, actual events involving limited liquidity, defaults, non-performance or other adverse developments that affect financial institutions, transactional counterparties or other companies in the financial services industry or the financial services industry generally, or concerns or rumors about any events of these kinds or other similar risks, have in the past and may in the future lead to market-wide liquidity problems, which could adversely affect our and our portfolio companies’ business, financial condition, results of operations or prospects. Although we assess our portfolio companies’ banking relationships as we believe necessary or appropriate, our and our portfolio companies’ access to funding sources and other credit arrangements in amounts adequate to finance or capitalize our respective current and projected future business operations could be significantly impaired by factors that affect us or our portfolio companies, the financial institutions with which we or our portfolio companies have arrangements directly or the financial services industry or economy in general. These factors could include, among others, events such as liquidity constraints or failures, the ability to perform obligations under various types of financial, credit or liquidity agreements or arrangements, disruptions or instability in the financial services industry or financial markets or concerns or negative expectations about the prospects for companies in the financial services industry. These factors could involve financial institutions or financial services industry companies with which we or our portfolio companies have financial or business relationships, but could also include factors involving financial markets or the financial services industry generally. In addition, investor concerns regarding the U.S. or international financial systems could result in less favorable commercial financing terms, including higher interest rates or costs and tighter financial and operating covenants or systemic limitations on access to credit and liquidity sources, thereby making it more difficult for us or our portfolio companies to acquire financing on acceptable terms or at all. | ||||||||||||||||||
We are subject to risks related to corporate social responsibility. [Member] | |||||||||||||||||||
General Description of Registrant [Abstract] | |||||||||||||||||||
Risk [Text Block] | We are subject to risks related to corporate social responsibility. Our business faces increasing public scrutiny related to environmental, social and governance (“ESG”) activities. We risk damage to our brand and reputation if we fail to act responsibly in a number of areas, such as diversity and inclusion, environmental stewardship, support for local communities, corporate governance and transparency and considering ESG factors in our investment processes. Adverse incidents with respect to ESG activities could impact the value of our brand, the cost of our operations and relationships with investors, all of which could adversely affect our business and results of operations. Additionally, new regulatory initiatives related to ESG could adversely affect our business. | ||||||||||||||||||
The types of portfolio companies in which we invest involve significant risks and we could lose all or part of our investment. [Member] | |||||||||||||||||||
General Description of Registrant [Abstract] | |||||||||||||||||||
Risk [Text Block] | The types of portfolio companies in which we invest involve significant risks and we could lose all or part of our investment. Investing in the types of companies that comprise our portfolio companies exposes us to a number of significant risks. Among other things, these companies: • may have limited financial resources and may be unable to meet their obligations under their debt instruments that we hold, which may be accompanied by a deterioration in the value of any collateral and a reduction in the likelihood of us realizing any guarantees from subsidiaries or affiliates of our portfolio companies that we may have obtained in connection with our investment, as well as a corresponding decrease in the value of the equity components of our investments; • may have shorter operating histories, narrower product lines, smaller market shares and/or significant customer concentrations than larger businesses, which tend to render them more vulnerable to competitors’ actions and market conditions, as well as general economic downturns; • are more likely to depend on the management talents and efforts of a small group of persons; therefore, the death, disability, resignation, termination or significant under-performance of one or more of these persons could have a material adverse impact on our portfolio company and, in turn, on us; • generally have less predictable operating results, may from time to time be parties to litigation, may be engaged in rapidly changing businesses with products subject to a substantial risk of obsolescence, and may require substantial additional capital to support their operations, finance expansion or maintain their competitive position; and • generally have less publicly available information about their businesses, operations and financial condition. We are required to rely on the ability of our management team and investment professionals to obtain adequate information to evaluate the potential returns from investing in these companies. If we are unable to uncover all material information about these companies, we may not make a fully informed investment decision, and may lose all or part of our investment. In addition certain of our officers and directors may serve as directors on the boards of our portfolio companies. To the extent that litigation arises out of our investments in these companies, our officers and directors may be named as defendants in such litigation, which could result in an expenditure of funds (through our indemnification of such officers and directors) and the diversion of management time and resources. | ||||||||||||||||||
Economic recessions or downturns could impair our portfolio companies’ performance and defaults by our portfolio companies will harm our operating results. [Member] | |||||||||||||||||||
General Description of Registrant [Abstract] | |||||||||||||||||||
Risk [Text Block] | Economic recessions or downturns could impair our portfolio companies’ performance and defaults by our portfolio companies will harm our operating results. Many of our portfolio companies are susceptible to economic slowdowns or recessions and could be unable to repay our loans during these periods. Therefore, the number of non-performing assets are likely to increase and the value of our portfolio is likely to decrease during these periods. Adverse economic conditions could decrease the value of collateral securing any of our loans and the value of any equity investments. A severe recession could further decrease the value of such collateral and result in losses of value in our portfolio and a decrease in our revenues, net income, assets and net worth. Economic slowdowns or recessions could lead to financial losses in our portfolio and a decrease in revenues, net income and assets. Unfavorable economic conditions also could increase our funding costs, limit our access to the capital markets or result in a decision by lenders not to extend credit to us. These events could prevent us from increasing our investments and harm our operating results. Any deterioration of general economic conditions could lead to significant declines in corporate earnings or loan performance, and the ability of corporate borrowers to service their debt, any of which could trigger a period of global economic slowdown, and have an adverse impact on our performance and financial results, and the value and the liquidity of our investments. In an economic downturn, we could have non-performing assets or an increase in non-performing assets, and we would anticipate that the value of our portfolio would decrease during these periods. Failure to satisfy financial or operating covenants imposed by lenders, including us, to a portfolio company could lead to defaults and, potentially, acceleration of payments on such loans and foreclosure on the assets representing collateral for the portfolio company’s obligations. Cross default provisions under other agreements could be triggered and thus limit the portfolio company’s ability to satisfy its obligations under any debt that we hold and affect the value of any equity securities we own. We would expect to incur expenses to the extent necessary to seek recovery upon default or to negotiate new terms with a portfolio company following or in anticipation of a default. | ||||||||||||||||||
Rising credit spreads could affect the value of our investments, and rising interest rates make it more difficult for portfolio companies to make periodic payments on their loans. [Member] | |||||||||||||||||||
General Description of Registrant [Abstract] | |||||||||||||||||||
Risk [Text Block] | Rising credit spreads could affect the value of our investments, and rising interest rates make it more difficult for portfolio companies to make periodic payments on their loans. Some of our portfolio investments are debt securities that bear interest at variable rates and may be negatively affected by changes in market interest rates. Rising interest rates make it more difficult for borrowers to repay debt, which could increase the risk of payment defaults and cause the portfolio companies to defer or cancel needed investment. Any failure of one or more portfolio companies to repay or refinance its debt at or prior to maturity or the inability of one or more portfolio companies to make ongoing payments following an increase in contractual interest rates could have a material adverse effect on our business, financial condition, results of operations and cash flows. The value of our securities could also be reduced from an increase in market credit spreads as rates available to investors could make an investment in our securities less attractive than alternative investments. | ||||||||||||||||||
Inflation could adversely affect the business, results of operations and financial condition of our portfolio companies. [Member] | |||||||||||||||||||
General Description of Registrant [Abstract] | |||||||||||||||||||
Risk [Text Block] | Inflation could adversely affect the business, results of operations and financial condition of our portfolio companies. Certain of our portfolio companies are in industries that could be impacted by inflation. If such portfolio companies are unable to pass any increases in their costs of operations along to their customers, it could adversely affect their operating results and impact their ability to pay dividends on our equity investments and/or interest and principal on our loans, particularly if interest rates rise in response to inflation. In addition, any projected future decreases in our portfolio companies’ operating results due to inflation could adversely impact the fair value of those investments. Any decreases in the fair value of our investments could result in future realized or unrealized losses and therefore reduce our net increase (decrease) in net assets resulting from operations. | ||||||||||||||||||
We may be exposed to higher risks with respect to our investments that include original issue discount or PIK interest. [Member] | |||||||||||||||||||
General Description of Registrant [Abstract] | |||||||||||||||||||
Risk [Text Block] | We may be exposed to higher risks with respect to our investments that include original issue discount or PIK interest. Our investments may include original issue discount and contractual PIK interest, which represents contractual interest added to a loan balance and due at the end of such loan’s term. To the extent original issue discount or PIK interest constitute a portion of our income, we are exposed to typical risks associated with such income being required to be included in taxable and accounting income prior to receipt of cash, including the following: • original issue discount and PIK instruments may have higher yields, which reflect the payment deferral and credit risk associated with these instruments; • for accounting purposes, cash distributions to investors representing original issue discount income are not derived from paid in capital, although they may be effectively paid from any offering proceeds during any given period; thus, although the source for the cash used to pay a distribution of original issue discount income may come from the cash invested by investors, the 1940 Act does not require that investors be given notice of this fact; • original issue discount and PIK instruments may have unreliable valuations because their continuing accruals require continuing judgments about the collectability of the deferred payments and the value of the collateral; and • original issue discount and PIK instruments may represent a higher credit risk than coupon loans; even if the conditions for income accrual under U.S. GAAP are satisfied, a borrower could still default when actual payment is due upon the maturity of such loan. | ||||||||||||||||||
The lack of liquidity in our investments may adversely affect our business. [Member] | |||||||||||||||||||
General Description of Registrant [Abstract] | |||||||||||||||||||
Risk [Text Block] | The lack of liquidity in our investments may adversely affect our business. We generally invest in companies whose securities are not publicly traded and whose securities will be subject to legal and other restrictions on resale or will otherwise be less liquid than publicly traded securities. The illiquidity of these investments may make it difficult for us to sell these investments when desired. In addition, if we are required to liquidate all or a portion of our portfolio quickly, we may realize significantly less than the value at which we had previously recorded these investments. As a result, we do not expect to achieve liquidity in our investments in the near-term. Our investments are usually subject to contractual or legal restrictions on resale or are otherwise illiquid because there is usually no established trading market for such investments. The illiquidity of most of our investments may make it difficult for us to dispose of them at a favorable price and, as a result, we may suffer losses. | ||||||||||||||||||
We may not have the funds or ability to make additional investments in our portfolio companies. [Member] | |||||||||||||||||||
General Description of Registrant [Abstract] | |||||||||||||||||||
Risk [Text Block] | We may not have the funds or ability to make additional investments in our portfolio companies. We may not have the funds or ability to make additional investments in our portfolio companies. After our initial investment in a portfolio company, we may be called upon from time to time to provide additional funds to such company or have the opportunity to increase our investment through the extension of additional loans, the exercise of a warrant to purchase equity securities, or the funding of additional equity investments. There is no assurance that we will make, or will have sufficient funds to make, follow-on investments. Any decisions not to make a follow-on investment or any inability on our part to make such an investment may have a negative impact on a portfolio company in need of such an investment, may result in a missed opportunity for us to increase our participation in a successful operation, may reduce our ability to protect an existing investment or may reduce the expected yield on the investment. | ||||||||||||||||||
There may be circumstances where our debt investments could be subordinated to claims of other creditors or we could be subject to lender liability claims. [Member] | |||||||||||||||||||
General Description of Registrant [Abstract] | |||||||||||||||||||
Risk [Text Block] | There may be circumstances where our debt investments could be subordinated to claims of other creditors or we could be subject to lender liability claims. Our portfolio companies may have, or may be permitted to incur, other debt that ranks equally with, or senior to, the debt in which we invest. By their terms, such debt instruments may entitle the holders to receive payment of interest or principal on or before the dates on which we are entitled to receive payments with respect to the debt instruments in which we invest. Also, in the event of insolvency, liquidation, dissolution, reorganization or bankruptcy of a portfolio company, holders of debt instruments ranking senior to our investment in that portfolio company would typically be entitled to receive payment in full before we receive any distribution. After repaying such senior creditors, such portfolio company may not have any remaining assets to use for repaying its obligation to us. In the case of debt ranking equally with debt instruments in which we invest, we would have to share on an equal basis any distributions with other creditors holding such debt in the event of an insolvency, liquidation, dissolution, reorganization or bankruptcy of the relevant portfolio company. Even if our investment is structured as a senior-secured loan, principles of equitable subordination, as defined by existing case law, could lead a bankruptcy court to subordinate all or a portion of our claim to that of other creditors and transfer any lien securing such subordinated claim to the bankruptcy estate. The principles of equitable subordination defined by case law have generally indicated that a claim may be subordinated only if its holder is guilty of misconduct or where the senior loan is re-characterized as an equity investment and the senior lender has actually provided significant managerial assistance to the bankrupt debtor. We may also be subject to lender liability claims for actions taken by us with respect to a borrower’s business or instances where we exercise control over the borrower. It is possible that we could become subject to a lender liability claim, including as a result of actions taken in rendering significant managerial assistance or actions to compel and collect payments from the borrower outside the ordinary course of business. | ||||||||||||||||||
We generally will not control our portfolio companies. [Member] | |||||||||||||||||||
General Description of Registrant [Abstract] | |||||||||||||||||||
Risk [Text Block] | We generally will not control our portfolio companies. We do not, and do not expect to, control the decision making in many of our portfolio companies, even though we may have board representation or board observation rights, and our debt agreements may contain certain restrictive covenants. As a result, we are subject to the risk that a portfolio company in which we invest will make business decisions with which we disagree and the management of such company will take risks or otherwise act in ways that do not serve our interests as debt investors or minority equity holders. Due to the lack of liquidity for our investments in non-traded companies, we may not be able to dispose of our interests in our portfolio companies as readily as we would like or at an appropriate valuation. As a result, a portfolio company may make decisions that would decrease the value of our portfolio holdings. | ||||||||||||||||||
Defaults by our portfolio companies will harm our operating results. [Member] | |||||||||||||||||||
General Description of Registrant [Abstract] | |||||||||||||||||||
Risk [Text Block] | Defaults by our portfolio companies will harm our operating results. A portfolio company’s failure to satisfy financial or operating covenants imposed by us or other lenders could lead to non-payment of interest and other defaults and, potentially, termination of its loans and foreclosure on its secured assets, which could trigger cross-defaults under other agreements and jeopardize a portfolio company’s ability to meet its obligations under the debt or equity securities that we hold. We may incur expenses to the extent necessary to seek recovery upon default or to negotiate new terms, which may include the waiver of certain financial covenants, with a defaulting portfolio company. | ||||||||||||||||||
Any unrealized depreciation that we experience in our portfolio may be an indication of future realized losses, which could reduce our income and gains available for distribution. [Member] | |||||||||||||||||||
General Description of Registrant [Abstract] | |||||||||||||||||||
Risk [Text Block] | Any unrealized depreciation that we experience in our portfolio may be an indication of future realized losses, which could reduce our income and gains available for distribution. As a BDC, we are required to carry our investments at market value or, if no market value is ascertainable, at the fair value as determined in accordance with our Valuation Procedures adopted pursuant to Rule 2a-5 under the 1940 Act. Decreases in the market values or fair values of our investments will be recorded as unrealized depreciation. Any unrealized depreciation in our portfolio could be an indication of a portfolio company’s inability to meet its repayment obligations to us with respect to affected loans or a potential impairment of the value of affected equity investments. This could result in realized losses in the future and ultimately in reductions of our income and gains available for distribution in future periods. | ||||||||||||||||||
Prepayments of our debt investments by our portfolio companies could adversely impact our results of operations and reduce our return on equity. [Member] | |||||||||||||||||||
General Description of Registrant [Abstract] | |||||||||||||||||||
Risk [Text Block] | Prepayments of our debt investments by our portfolio companies could adversely impact our results of operations and reduce our return on equity. We are subject to the risk that the investments we make in our portfolio companies may be repaid prior to maturity. When this occurs, we will generally reinvest these proceeds in temporary investments, pending their future investment in new portfolio companies. These temporary investments will typically have substantially lower yields than the debt being prepaid and we could experience significant delays in reinvesting these amounts. Any future investment in a new portfolio company may also be at lower yields than the debt that was repaid. As a result, our results of operations could be materially adversely affected if one or more of our portfolio companies elect to prepay amounts owed to us. Additionally, prepayments could negatively impact our return on equity, which could result in a decline in the market price of our securities. | ||||||||||||||||||
The interest rates of some of our investments are priced using a spread over LIBOR, which will be phased out in the future. [Member] | |||||||||||||||||||
General Description of Registrant [Abstract] | |||||||||||||||||||
Risk [Text Block] | The discontinuation and replacement of LIBOR may adversely affect the value of floating-rate debt securities in our portfolio or issued by us. As of June 30, 2023, no settings of LIBOR continue to be published on a representative basis and publication of many non-U.S. dollar LIBOR settings have been entirely discontinued. On July 29, 2021, the U.S. Federal Reserve, in conjunction with the Alternative Reference Rates Committee, a steering committee comprised of large U.S. financial institutions, recommended replacing U.S. dollar LIBOR with alternative reference rates based on the Secured Overnight Financing Rate (“SOFR”). SOFR significantly differs from LIBOR, both in the actual rate and how it is calculated. Further, on March 15, 2022, the Consolidated Appropriations Act of 2022, which includes the Adjustable Interest Rate (LIBOR) Act (“LIBOR Act”), was signed into law in the United States. This legislation established a uniform benchmark replacement process for certain financial contracts that mature after June 30, 2023 that do not contain clearly defined or practicable LIBOR fallback provisions. The legislation also created a safe harbor that shields lenders from litigation if they choose to utilize a replacement rate recommended by the Board of Governors of the U.S. Federal Reserve. In addition, the U.K. Financial Conduct Authority, which regulates the publisher of LIBOR (ICR Benchmark Administration) has announced that it required the continued publication of one, three and six month tenors of U.S. dollar LIBOR on a non-representative synthetic basis until the end of September 2024, which may result in certain non-U.S. law-governed contracts and U.S. law-governed contracts not being covered by the federal legislation remaining on synthetic U.S. dollar LIBOR until the end of this period. The transition from LIBOR as a result of certain statutory regimes (e.g., N.Y. Gen. Oblig. Law § 18-401 or the Adjustable Interest Rate (LIBOR) Act) or the use of synthetic LIBOR in floating-rate debt securities in our portfolio or issued by us and could have a material and adverse impact on the value or liquidity of those instruments. Given the inherent difference between LIBOR and SOFR, or any other alternative benchmark rate established, there are many uncertainties regarding a transition from LIBOR, including, but not limited to, the need to amend contracts which continue to reference LIBOR and how the transition from LIBOR will impact the cost of variable rate debt and certain derivative financial instruments. In addition, SOFR or other replacement rates may fail to gain market acceptance. Any failure of SOFR or alternative reference rates to gain market acceptance could adversely affect the return on or value of the market for securities linked to such rates. The elimination of LIBOR, the replacement of LIBOR with any alternative reference rate, such as SOFR (or an alternative reference rate based on SOFR) or any other changes or reforms to floating rate benchmarks could have an adverse impact on the market value of and/or transfer ability of any floating-rate debt securities in our portfolio or issued by us. | ||||||||||||||||||
We may be subject to risks associated with “covenant-lite” loans. [Member] | |||||||||||||||||||
General Description of Registrant [Abstract] | |||||||||||||||||||
Risk [Text Block] | We may be subject to risks associated with “covenant-lite” loans. Some of the loans in which we invest may be “covenant-lite” loans, which means the loans contain fewer maintenance covenants than other loans (in some cases, none) and do not include terms which allow the lender to monitor the performance of the borrower and declare a default if certain criteria are breached. Generally, “covenant-lite” loans provide borrower companies more freedom to negatively impact lenders because their covenants are incurrence-based, which means they are only tested and can only be breached following an affirmative action of the borrower, rather than by a deterioration in the borrower’s financial condition. To the extent we invest in covenant-lite loans, we may have fewer rights against a borrower and may have a greater risk of loss on such investments as compared to investments in loans with finance maintenance covenants. | ||||||||||||||||||
We may not realize gains from our equity investments. [Member] | |||||||||||||||||||
General Description of Registrant [Abstract] | |||||||||||||||||||
Risk [Text Block] | We may not realize gains from our equity investments. Certain investments that we have made in the past and may make in the future include warrants or other equity securities. Investments in equity securities involve a number of significant risks, including the risk of further dilution as a result of additional issuances, inability to access additional capital and failure to pay current distributions. Investments in preferred securities involve special risks, such as the risk of deferred distributions, credit risk, illiquidity and limited voting rights. In addition, we may from time to time make non-control, equity investments in portfolio companies. Our goal is ultimately to realize gains upon our disposition of such equity interests. However, the equity interests we receive may not appreciate in value and, in fact, may decline in value. Accordingly, we may not be able to realize gains from our equity interests, and any gains that we do realize on the disposition of any equity interests may not be sufficient to offset any other losses we experience. We also may be unable to realize any value if a portfolio company does not have a liquidity event, such as a sale of the business, recapitalization or public offering, which would allow us to sell the underlying equity interests. We often seek puts or similar rights to give us the right to sell our equity securities back to the portfolio company issuer; however, we may be unable to exercise these put rights for the consideration provided in our investment documents if the issuer is in financial distress. | ||||||||||||||||||
Our investments in foreign securities may involve significant risks in addition to the risks inherent in U.S. investments. [Member] | |||||||||||||||||||
General Description of Registrant [Abstract] | |||||||||||||||||||
Risk [Text Block] | Our investments in foreign securities may involve significant risks in addition to the risks inherent in U.S. investments. Our investment strategy contemplates potential investments in debt securities of foreign companies. Investing in foreign companies may expose us to additional risks not typically associated with investing in securities of U.S. companies. These risks include changes in exchange control regulations, political and social instability, expropriation, imposition of foreign taxes, less liquid markets and less available information than is generally the case in the U.S., higher transaction costs, less government supervision of exchanges, brokers and issuers, less developed bankruptcy laws, difficulty in enforcing contractual obligations, lack of uniform accounting and auditing standards and greater price volatility. Although most of our investments will be U.S. dollar denominated, any investments denominated in a foreign currency will be subject to the risk that the value of a particular currency will change in relation to one or more other currencies. Among the factors that may affect currency values are trade balances, the level of short-term interest rates, differences in relative values of similar assets in different currencies, long-term opportunities for investment and capital appreciation, and political developments. | ||||||||||||||||||
Because we borrow money, the potential for gain or loss on amounts invested in us is magnified and may increase the risk of investing in us. [Member] | |||||||||||||||||||
General Description of Registrant [Abstract] | |||||||||||||||||||
Risk [Text Block] | Because we borrow money, the potential for gain or loss on amounts invested in us is magnified and may increase the risk of investing in us. Borrowings, also known as leverage, magnify the potential for loss on investments in our indebtedness and gain or loss on investments in our equity capital. As we use leverage to partially finance our investments, you will experience increased risks of investing in our securities. Accordingly, any event that adversely affects the value of an investment would be magnified to the extent we use leverage. Such events could result in a substantial loss to us, which would be greater than if leverage had not been used. In addition, our investment objectives are dependent on the continued availability of leverage at attractive relative interest rates. We may also borrow from banks and other lenders and may issue debt securities or enter into other types of borrowing arrangements in the future. Lenders of these senior securities will have fixed dollar claims on our assets that are superior to the claims of our common stockholders, and we would expect such lenders to seek recovery against our assets in the event of a default. We have the ability to pledge up to 100% of our assets and can grant a security interest in all of our assets under the terms of any debt instruments we could enter into with lenders. The terms of our existing indebtedness require us to comply with certain financial and operational covenants, and we expect similar covenants in future debt instruments. Failure to comply with such covenants could result in a default under the applicable credit facility or debt instrument if we are unable to obtain a waiver from the applicable lender or holder, and such lender or holder could accelerate repayment under such indebtedness and negatively affect our business, financial condition, results of operations and cash flows. In addition, under the terms of any credit facility or other debt instrument we enter into, in the event of a default, we are likely to be required by its terms to use the net proceeds of any investments that we sell to repay a portion of the amount borrowed under such facility or instrument before applying such net proceeds to any other uses. See Item 7. Management’s Discussion and Analysis of Financial Condition and Results of Operations — Liquidity and Capital Resources — Capital Resources for a discussion regarding our outstanding indebtedness. If the value of our assets decreases, leveraging would cause NAV to decline more sharply than it otherwise would have had we not leveraged our business. Similarly, any decrease in our income would cause net investment income to decline more sharply than it would have had we not leveraged our business. Such a decline could negatively affect our ability to pay common stock dividends, scheduled debt payments or other payments related to our securities. Illustration: The following table illustrates the effect of leverage on returns from an investment in our common stock assuming various annual returns, net of expenses. The calculations in the table below are hypothetical and actual returns may be higher or lower than those appearing below. Assumed Return on Our Portfolio (1) (net of expenses) (10.0) % (5.0) % 0.0% 5.0% 10.0% Corresponding Net Return to Common Stock Holder (2) (21.6) % (12.6) % (3.7) % 5.3% 14.3% ______________________ (1) Assumes, as of December 31, 2023, $4,443.6 million in total assets, $1,810.0 million in debt outstanding, $2,477.4 million in net assets, and a weighted-average interest rate of 5.0%. Actual interest payments may be different. (2) In order for us to cover our annual interest payments on indebtedness, we must achieve annual returns on our December 31, 2023 total assets of at least 2.1%. Our ability to achieve our investment objective may depend in part on our ability to access additional leverage on favorable terms and there can be no assurance that such additional leverage can in fact be achieved. If we are unable to obtain leverage or if the interest rates of such leverage are not attractive, we could experience diminished returns. The number of leverage providers and the total amount of financing available could decrease or remain static. | ||||||||||||||||||
All of our assets are subject to security interests under our senior securities, we may suffer adverse consequences, including foreclosure on our assets. [Member] | |||||||||||||||||||
General Description of Registrant [Abstract] | |||||||||||||||||||
Risk [Text Block] | All of our assets are subject to security interests under our senior securities and if we default on our obligations under our senior securities, we may suffer adverse consequences, including foreclosure on our assets. Substantially all of our assets are currently pledged as collateral under our senior securities, including any credit facilities or notes. If we default on our obligations under our senior securities, our lenders may have the right to foreclose upon and sell, or otherwise transfer, the collateral subject to their security interests or their superior claim. In such event, we may be forced to sell our investments to raise funds to repay our outstanding borrowings in order to avoid foreclosure and these forced sales may be at times and at prices we would not consider advantageous. Moreover, such deleveraging of our company could significantly impair our ability to effectively operate our business in the manner in which we have historically operated. As a result, we could be forced to curtail or cease new investment activities and lower or eliminate the dividends that we have historically paid to our stockholders. In addition, if the lenders exercise their right to sell the assets pledged under our senior securities, such sales may be completed at distressed sale prices, thereby diminishing or potentially eliminating the amount of cash available to us after repayment of the amounts outstanding under the senior securities. If our operating performance declines and we are not able to generate sufficient cash flow to service our debt obligations, we may in the future need to refinance or restructure our debt, sell assets, reduce or delay capital investments, seek to raise additional capital or seek to obtain waivers from the required lenders under our senior securities to avoid being in default. If we are unable to implement one or more of these alternatives, we may not be able to meet our payment obligations under our senior securities. If we breach our covenants under our senior securities and seek a waiver, we may not be able to obtain a waiver from the required lenders or debt holders. If this occurs, we would be in default under our senior securities, the lenders or debt holders could exercise their rights as described above, and we could be forced into bankruptcy or liquidation. If we are unable to repay debt, lenders having secured obligations could proceed against the collateral securing the debt. Because certain of our senior securities have customary cross-default provisions, if the indebtedness under our senior securities is accelerated, we may be unable to repay or finance the amounts due. | ||||||||||||||||||
We are subject to risks associated with any revolving credit facility that utilizes a Structured Subsidiary. [Member] | |||||||||||||||||||
General Description of Registrant [Abstract] | |||||||||||||||||||
Risk [Text Block] | We are subject to risks associated with any revolving credit facility that utilizes a Structured Subsidiary as our interests in any Structured Subsidiary are subordinated and we could be prevented from receiving cash on our equity interests from a Structured Subsidiary. We own directly or indirectly 100% of the equity interests in MSCC Funding I, LLC (“MSCC Funding”), a special purpose Structured Subsidiary utilized in our senior secured special purpose vehicle revolving credit facility (the “SPV Facility”). We consolidate the financial statements of the MSCC Funding in our consolidated financial statements and treat the indebtedness under the SPV Facility as our leverage. Our interest in MSCC Funding is subordinated in priority of payment to every other obligation of MSCC Funding and is subject to certain payment restrictions set forth in the SPV Facility. We receive cash from MSCC Funding only to the extent that we receive distributions on our equity interests therein. MSCC Funding could make distributions on its equity interests only to the extent permitted by the payment priority provisions of the SPV Facility. The SPV Facility generally provides that payments on the respective interests could not be made on any payment date unless all amounts owing to the lenders and other secured parties are paid in full. In addition, if MSCC Funding does not meet the asset coverage tests or the interest coverage test set forth in the agreement governing the SPV Facility, a default could occur. In the event of a default under the SPV Facility credit agreement, cash would be diverted from us to pay the applicable lenders and other secured parties in amounts sufficient to cause such tests to be satisfied. In the event that we fail to receive cash from MSCC Funding, we could be unable to make distributions to our stockholders in amounts sufficient to maintain our status as a RIC, or at all. We also could be forced to sell investments in portfolio companies at less than their fair value in order to continue making such distributions. We cannot assure you that distributions on the assets held by MSCC Funding will be sufficient to make any distributions to us or that such distributions will meet our expectations. Our equity interest in MSCC Funding ranks behind all of the secured and unsecured creditors, known or unknown, including the lenders in the SPV Facility. Consequently, to the extent that the value of MSCC Funding’s portfolio of loan investments has been reduced as a result of conditions in the credit markets, defaulted loans, capital gains and losses on the underlying assets, prepayment or changes in interest rates, the returns on our investments in MSCC Funding could be reduced. Accordingly, our investments in MSCC Funding could be subject to up to 100% loss. | ||||||||||||||||||
The ability to sell investments held by a Structured Subsidiary is limited. [Member] | |||||||||||||||||||
General Description of Registrant [Abstract] | |||||||||||||||||||
Risk [Text Block] | The ability to sell investments held by a Structured Subsidiary is limited. The credit agreement governing the SPV Facility places significant restrictions on our ability, as servicer, to sell investments. As a result, there could be times or circumstances during which we are unable to sell investments or take other actions that might be in our best interests. | ||||||||||||||||||
We may invest in derivatives or other assets that expose us to certain risks, including market risk, liquidity risk and other risks similar to those associated with the use of leverage. [Member] | |||||||||||||||||||
General Description of Registrant [Abstract] | |||||||||||||||||||
Risk [Text Block] | We may invest in derivatives or other assets that expose us to certain risks, including market risk, liquidity risk and other risks similar to those associated with the use of leverage. We may invest in derivatives and other assets that are subject to many of the same types of risks related to the use of leverage. Derivative transactions, if any, will generally create leverage for us and involve significant risks. The primary risks related to derivative transactions include counterparty, correlation, liquidity, leverage, volatility, over-the-counter trading, operational and legal risks. In addition, a small investment in derivatives could have a large potential impact on our performance, effecting a form of investment leverage on our portfolio. In certain types of derivative transactions, we could lose the entire amount of our investment; in other types of derivative transactions the potential loss is theoretically unlimited. Under SEC Rule 18f-4 under the 1940 Act (“Rule 18f-4”), related to use of derivatives, short sales, reverse repurchase agreements and certain other transactions by registered investment companies, we are permitted to enter into derivatives and other transactions that create future payment or delivery obligations, including short sales, notwithstanding the senior security provision of the 1940 Act if we comply with certain value-at-risk leverage limits, a derivatives risk management program and board oversight and reporting requirements or comply with a “limited derivatives users” exception. Rule 18f-4 also permits us to enter into reverse repurchase agreements or similar financing transactions notwithstanding the senior security provision of the 1940 Act if we aggregate the amount of indebtedness associated with our reverse repurchase agreements or similar financing transactions with the aggregate amount of any other senior securities representing indebtedness when calculating the asset coverage ratios as discussed herein. In addition, we are permitted to invest in a security on a when-issued or forward-settling basis, or with a non-standard settlement cycle, and the transaction will be deemed not to involve a senior security under the 1940 Act, provided that (i) we intend to physically settle the transaction and (ii) the transaction will settle within 35 days of its trade date (the “Delayed-Settlement Securities Provision”). We may otherwise engage in such transaction as a “derivatives transaction” for purposes of compliance with the rule. Furthermore, we are permitted to enter into an unfunded commitment agreement, and such unfunded commitment agreement will not be subject to the asset coverage requirements under the 1940 Act if we reasonably believe, at the time we enter into such agreement, that we will have sufficient cash and cash equivalents to meet our obligations with respect to all such agreements as they come due. We cannot predict the effects of these requirements. We have adopted updated policies and procedures in compliance with Rule 18f-4. We expect to qualify as a “limited derivatives user.” Future legislation or rules may modify how we treat derivatives and other financial arrangements for purposes of our compliance with the leverage limitations of the 1940 Act. Future legislation or rules, may modify how leverage is calculated under the 1940 Act and, therefore, may increase or decrease the amount of leverage currently available to us under the 1940 Act, which may be materially adverse to us and our investors. | ||||||||||||||||||
Our executive officers and employees, through the External Investment Manager which may result in significant conflicts of interest. [Member] | |||||||||||||||||||
General Description of Registrant [Abstract] | |||||||||||||||||||
Risk [Text Block] | Our executive officers and employees, through the External Investment Manager, may manage other investment funds that operate in the same or a related line of business as we do, and may invest in such funds, which may result in significant conflicts of interest. Our executive officers and employees, through the External Investment Manager, may manage other investment funds or assets for other clients that operate in the same or a related line of business as we do, and which funds may be invested in by us and/or our executive officers and employees. Accordingly, they may have obligations to, or pecuniary interests in, such other entities, and the fulfillment of such obligations may not be in the best interests of us or our stockholders and may create conflicts of interest. We have made and, in the future, intend to make co-investments with other funds or clients advised by the External Investment Manager in accordance with the conditions of an exemptive relief order from the SEC permitting such co-investment transactions. The order requires, among other things, that we and the External Investment Manager consider whether each such investment opportunity is appropriate for us and the External Investment Manager’s advised clients and, if it is appropriate, to propose an allocation of the investment opportunity between such other parties. As a consequence, it may be more difficult for us to maintain or increase the size of our Investment Portfolio in the future. Although we will endeavor to allocate investment opportunities in a fair and equitable manner, including in accordance with the conditions set forth in the order issued by the SEC when relying on such order, we may face conflicts in allocating investment opportunities between us and other funds and accounts managed by the External Investment Manager. Because the External Investment Manager may receive performance-based fee compensation from other funds and accounts it manages, this may provide the Company and the External Investment Manager an incentive to allocate opportunities to other funds and accounts the External Investment Manager manages, instead of us. We and the External Investment Manager have implemented an allocation policy to ensure the equitable distribution of investment opportunities and, as a result, may be unable to participate in certain investments based upon such allocation policy. | ||||||||||||||||||
We, through the External Investment Manager, derive revenues from managing third-party funds pursuant to management agreements that may be terminated. [Member] | |||||||||||||||||||
General Description of Registrant [Abstract] | |||||||||||||||||||
Risk [Text Block] | We, through the External Investment Manager, derive revenues from managing third-party funds pursuant to management agreements that may be terminated. | ||||||||||||||||||
Failure to maintain our status as a BDC would reduce our operating flexibility. [Member] | |||||||||||||||||||
General Description of Registrant [Abstract] | |||||||||||||||||||
Risk [Text Block] | Failure to maintain our status as a BDC would reduce our operating flexibility. If we do not remain a BDC, we might be regulated as a closed-end investment company under the 1940 Act, which would subject us to substantially more regulatory restrictions under the 1940 Act and correspondingly decrease our operating flexibility. | ||||||||||||||||||
Operating under the constraints imposed on us as a BDC and RIC may hinder the achievement of our investment objectives. [Member] | |||||||||||||||||||
General Description of Registrant [Abstract] | |||||||||||||||||||
Risk [Text Block] | Operating under the constraints imposed on us as a BDC and RIC may hinder the achievement of our investment objectives. The 1940 Act and the Code impose numerous constraints on the operations of BDCs and RICs that do not apply to certain of the other investment vehicles that we may compete with. BDCs are required, for example, to invest at least 70% of their total assets in certain qualifying assets, including U.S. private or thinly traded public companies, cash, cash equivalents, U.S. government securities and other high-quality debt instruments that mature in one year or less from the date of investment. Moreover, qualification for taxation as a RIC requires satisfaction of source-of-income, asset diversification and distribution requirements. Operating under these constraints may hinder our ability to take advantage of attractive investment opportunities and to achieve our investment objective. Any failure to do so could subject us to enforcement action by the SEC, cause us to fail to satisfy the requirements associated with RIC status and subject us to entity-level corporate income taxation, cause us to fail the 70% test described above or otherwise have a material adverse effect on our business, financial condition or results of operations. | ||||||||||||||||||
Regulations governing our operation as a BDC will affect our ability to, and the way in which we, raise additional capital. [Member] | |||||||||||||||||||
General Description of Registrant [Abstract] | |||||||||||||||||||
Risk [Text Block] | Regulations governing our operation as a BDC will affect our ability to, and the way in which we, raise additional capital. Our business will require capital to operate and grow. We may acquire such additional capital from the following sources: Senior Securities We may issue debt securities or preferred stock and/or borrow money from banks or other financial institutions, which we refer to collectively as senior securities. As a result of issuing senior securities, we will be exposed to additional risks, including the following: • Prior to the approval of our stockholders, under the provisions of the 1940 Act we were permitted, as a BDC, to issue senior securities only in amounts such that our BDC asset coverage ratio, as defined in the 1940 Act, equaled at least 200% immediately after each issuance of senior securities. Following the approval of our stockholders of the reduced asset coverage requirements in Section 61(a)(2) of the 1940 Act and subject to our compliance with certain disclosure requirements, effective as of May 3, 2022, under the provisions of the 1940 Act, we are permitted to issue senior securities in amounts such that our BDC asset coverage ratio, as defined in the 1940 Act, equals at least 150% after each issuance of senior securities. If the value of our assets declines, we may be unable to satisfy this test. If that happens, we will be prohibited from issuing debt securities or preferred stock and/or borrowing money from banks or other financial institutions and may not be permitted to declare a dividend or make any distribution to stockholders or repurchase shares until such time as we satisfy this test. • Any amounts that we use to service our debt or make payments on preferred stock will not be available for dividends to our common stockholders. • It is likely that any senior securities or other indebtedness we issue will be governed by an indenture or other instrument containing covenants restricting our operating flexibility. Additionally, some of these securities or other indebtedness may be rated by rating agencies, and in obtaining a rating for such securities and other indebtedness, we may be required to abide by operating and investment guidelines that further restrict operating and financial flexibility. • We and, indirectly, our stockholders will bear the cost of issuing and servicing such securities and other indebtedness. • Preferred stock or any convertible or exchangeable securities that we issue in the future may have rights, preferences and privileges more favorable than those of our common stock, including separate voting rights and could delay or prevent a transaction or a change in control to the detriment of the holders of our common stock. • Any unsecured debt issued by us would generally rank (i) pari passu with our current and future unsecured indebtedness and effectively subordinated to all of our existing and future secured indebtedness, to the extent of the value of the assets securing such indebtedness, and (ii) structurally subordinated to all existing and future indebtedness and other obligations of any of our subsidiaries. Additional Common Stock We are not generally able to issue and sell our common stock at a price below NAV per share. We may, however, sell our common stock, warrants, options or rights to acquire our common stock, at a price below the current NAV of the common stock if our Board of Directors determines that such sale is in the best interests of our stockholders, and our stockholders approve such sale. See Risk Factors — Risks Related to our Securities — Stockholders may incur dilution if we sell shares of our common stock in one or more offerings at prices below the then current NAV per share of our common stock or issue securities to subscribe to, convert to or purchase shares of our common stock. for a discussion related to us issuing shares of our common stock below NAV. Our stockholders have authorized us to issue warrants, options or rights to subscribe for, convert to, or purchase shares of our common stock at a price per share below the NAV per share, subject to the applicable requirements of the 1940 Act. There is no expiration date on our ability to issue such warrants, options, rights or convertible securities based on this stockholder approval. If we raise additional funds by issuing more common stock or senior securities convertible into, or exchangeable for, our common stock, the percentage ownership of our stockholders at that time would decrease, and they may experience dilution. Moreover, we can offer no assurance that we will be able to issue and sell additional equity securities in the future, on favorable terms or at all. | ||||||||||||||||||
Investing in our securities may involve a high degree of risk. [Member] | |||||||||||||||||||
General Description of Registrant [Abstract] | |||||||||||||||||||
Risk [Text Block] | Investing in our securities may involve a high degree of risk. The investments we make in accordance with our investment objective may result in a higher amount of risk than alternative investment options and a higher risk of volatility or loss of principal. Our investments in portfolio companies involve higher levels of risk, and therefore, an investment in our securities may not be suitable for someone with lower risk tolerance. | ||||||||||||||||||
Shares of closed-end investment companies, including BDCs, may trade at a discount to their NAV. [Member] | |||||||||||||||||||
General Description of Registrant [Abstract] | |||||||||||||||||||
Risk [Text Block] | Shares of closed-end investment companies, including BDCs, may trade at a discount to their NAV. Shares of closed-end investment companies, including BDCs, may trade at a discount to NAV. This characteristic of closed-end investment companies and BDCs is separate and distinct from the risk that our NAV per share may decline. We cannot predict whether our common stock will trade at, above or below NAV. In addition, if our common stock trades below our NAV per share, we will generally not be able to issue additional common stock at the market price unless our stockholders approve such a sale and our Board of Directors makes certain determinations. See Risk Factors — Risks Related to our Securities — Stockholders may incur dilution if we sell shares of our common stock in one or more offerings at prices below the then current NAV per share of our common stock or issue securities to subscribe to, convert to or purchase shares of our common stock. for a discussion related to us issuing shares of our common stock below NAV. | ||||||||||||||||||
The market price of our securities may be volatile and fluctuate significantly. [Member] | |||||||||||||||||||
General Description of Registrant [Abstract] | |||||||||||||||||||
Risk [Text Block] | The market price of our securities may be volatile and fluctuate significantly. Fluctuations in the trading prices of our securities may adversely affect the liquidity of the trading market for our securities and, if we seek to raise capital through future securities offerings, our ability to raise such capital. The market price and liquidity of the market for our securities may be significantly affected by numerous factors, some of which are beyond our control and may not be directly related to our operating performance. These factors include: • significant volatility in the market price and trading volume of securities of BDCs or other companies in our sector, which are not necessarily related to the operating performance of these companies; • changes in regulatory policies, accounting pronouncements or tax guidelines; • the exclusion of BDC common stock from certain market indices, such as what happened with respect to the Russell indices and the Standard and Poor’s indices, could reduce the ability of certain investment funds to own our common stock and limit the number of owners of our common stock and otherwise negatively impact the market price of our common stock; • inability to obtain any exemptive relief that may be required by us in the future from the SEC; • loss of our BDC or RIC status or any of the Funds’ status as an SBIC; • changes in our earnings or variations in our operating results; • changes in the value of our portfolio of investments; • any shortfall in our investment income or net investment income or any increase in losses from levels expected by investors or securities analysts; • loss of a major funding source; • fluctuations in interest rates; • the operating performance of companies comparable to us; • departure of our key personnel; • proposed, or completed, offerings of our securities, including classes other than our common stock; • global or national credit market changes; and • general economic trends and other external factors. | ||||||||||||||||||
We may not be able to pay distributions to our stockholders, our distributions may not grow over time, and a portion of distributions paid to our stockholders may be a return of capital. [Member] | |||||||||||||||||||
General Description of Registrant [Abstract] | |||||||||||||||||||
Risk [Text Block] | We may not be able to pay distributions to our stockholders, our distributions may not grow over time, and a portion of distributions paid to our stockholders may be a return of capital. We intend to pay distributions to our stockholders out of assets legally available for distribution. We cannot assure you that we will achieve investment results that will allow us to pay a specified level of cash distributions, previously projected distributions for future periods, or year-to-year increases in cash distributions. Our ability to pay distributions might be adversely affected by, among other things, the impact of one or more of the risk factors described herein. In addition, the inability to satisfy the asset coverage test applicable to us as a BDC could limit our ability to pay distributions. All distributions will be paid at the discretion of our Board of Directors and will depend on our earnings, our financial condition, maintenance of our RIC status, compliance with applicable BDC regulations, compliance with our debt covenants and such other factors as our Board of Directors may deem relevant from time to time. We cannot assure you that we will pay distributions to our stockholders in the future. When we make distributions, we will be required to determine the extent to which such distributions are paid out of current or accumulated taxable earnings, recognized capital gains or capital. To the extent there is a return of capital, investors will be required to reduce their basis in our stock for U.S. federal income tax purposes, which may result in higher tax liability when the shares are sold, even if they have not increased in value or have lost value. In addition, any return of capital will be net of any sales load and offering expenses associated with sales of shares of our common stock. In the future, our distributions may include a return of capital. | ||||||||||||||||||
Stockholders may incur dilution if we sell shares of our common stock in one or more offerings. [Member] | |||||||||||||||||||
General Description of Registrant [Abstract] | |||||||||||||||||||
Risk [Text Block] | Stockholders may incur dilution if we sell shares of our common stock in one or more offerings at prices below the then current NAV per share of our common stock or issue securities to subscribe to, convert to or purchase shares of our common stock. The 1940 Act prohibits us from selling shares of our common stock at a price below the current NAV per share of such stock, with certain exceptions. One such exception is prior stockholder approval of issuances below NAV provided that our Board of Directors makes certain determinations. We did not seek stockholder authorization to sell shares of our common stock below the then current NAV per share of our common stock at our 2023 Annual Meeting of Stockholders, and have not sought such authorization since 2012, because our common stock price per share had been trading significantly above the NAV per share of our common stock since 2011. We may, however, seek such authorization at future annual or special meetings of stockholders. Our stockholders have previously approved a proposal to authorize us to issue securities to subscribe to, convert to, or purchase shares of our common stock in one or more offerings. Any decision to sell shares of our common stock below the then current NAV per share of our common stock or securities to subscribe to, convert to, or purchase shares of our common stock would be subject to the determination by our Board of Directors that such issuance is in our and our stockholders’ best interests. If we were to sell shares of our common stock below NAV per share, such sales would result in an immediate dilution to the NAV per share. This dilution would occur as a result of the sale of shares at a price below the then current NAV per share of our common stock and a proportionately greater decrease in a stockholder’s interest in our earnings and assets and voting interest in us than the increase in our assets resulting from such issuance. In addition, if we issue securities to subscribe to, convert to or purchase shares of common stock, the exercise or conversion of such securities would increase the number of outstanding shares of our common stock. Any such exercise would be dilutive on the voting power of existing stockholders and could be dilutive with regard to dividends and our NAV, and other economic aspects of the common stock. Because the number of shares of common stock that could be so issued and the timing of any issuance is not currently known, the actual dilutive effect cannot be predicted; however, the example below illustrates the effect of dilution to existing stockholders resulting from the sale of common stock at prices below the NAV of such shares. Illustration: Example of Dilutive Effect of the Issuance of Shares Below NAV. Assume that Company XYZ has 1,000,000 total shares outstanding, $15,000,000 in total assets and $5,000,000 in total liabilities. The NAV per share of the common stock of Company XYZ is $10.00. The following table illustrates the reduction to NAV and the dilution experienced by Stockholder A following the sale of 40,000 shares of the common stock of Company XYZ at $9.50 per share, a price below its NAV per share. Prior to Sale Below NAV Following Sale Below NAV Percentage Change Reduction to NAV Total Shares Outstanding 1,000,000 1,040,000 4.0% NAV per share $ 10.00 $ 9.98 (0.2)% Dilution to Existing Stockholder Shares Held by Stockholder A 10,000 10,000 (1) 0.0% Percentage Held by Stockholder A 1.00% 0.96% (4.0)% Total Interest of Stockholder A in NAV $ 100,000 $ 99,808 (0.2)% ______________________ (1) Assumes that Stockholder A does not purchase additional shares in the sale of shares below NAV. | ||||||||||||||||||
Provisions of the Maryland General Corporation Law and our articles of incorporation and bylaws could deter takeover attempts and have an adverse impact on the price of our common stock. [Member] | |||||||||||||||||||
General Description of Registrant [Abstract] | |||||||||||||||||||
Risk [Text Block] | Provisions of the Maryland General Corporation Law and our articles of incorporation and bylaws could deter takeover attempts and have an adverse impact on the price of our common stock. The Maryland General Corporation Law and our articles of incorporation and bylaws contain provisions that may have the effect of discouraging, delaying or making difficult a change in control of our company or the removal of our incumbent directors. The existence of these provisions, among others, may have a negative impact on the price of our common stock and may discourage third-party bids for ownership of our company. These provisions may prevent any premiums being offered to you for our common stock. | ||||||||||||||||||
We may in the future determine to issue preferred stock, which could adversely affect the market value of our common stock. [Member] | |||||||||||||||||||
General Description of Registrant [Abstract] | |||||||||||||||||||
Risk [Text Block] | We may in the future determine to issue preferred stock, which could adversely affect the market value of our common stock. The issuance of shares of preferred stock with dividend or conversion rights, liquidation preferences or other economic terms favorable to the holders of preferred stock could adversely affect the market price for our common stock by making an investment in the common stock less attractive. In addition, the dividends on any preferred stock we issue must be cumulative. Payment of dividends and repayment of the liquidation preference of preferred stock must take preference over any dividends or other payments to our common stockholders, and holders of preferred stock are not subject to any of our expenses or losses and are not entitled to participate in any income or appreciation in excess of their stated preference (other than convertible preferred stock that converts into common stock). In addition, under the 1940 Act, preferred stock constitutes a “senior security” for purposes of the asset coverage test. | ||||||||||||||||||
We, through the Funds, issue debt securities guaranteed by the SBA and sold in the capital markets. [Member] | |||||||||||||||||||
General Description of Registrant [Abstract] | |||||||||||||||||||
Risk [Text Block] | We, through the Funds, issue debt securities guaranteed by the SBA and sold in the capital markets. As a result of its guarantee of the debt securities, the SBA has fixed dollar claims on the assets of the Funds that are superior to the claims of our securities holders. We, through the Funds, have outstanding SBIC debentures guaranteed by the SBA. The debentures guaranteed by the SBA have a maturity of ten years from the date of issuance and require semiannual payments of interest. We will need to generate sufficient cash flow to make required interest payments on the debentures. If we are unable to meet the financial obligations under the debentures, the SBA, as a creditor, will have a superior claim to the assets of the Funds over our securities holders in the event we liquidate or the SBA exercises its remedies under such debentures as the result of a default by us. | ||||||||||||||||||
The Funds are licensed by the SBA, and therefore subject to SBIC regulations. [Member] | |||||||||||||||||||
General Description of Registrant [Abstract] | |||||||||||||||||||
Risk [Text Block] | The Funds are licensed by the SBA, and therefore subject to SBIC regulations. The Funds, our wholly-owned subsidiaries, are licensed to act as SBICs and are regulated by the SBA. The SBA also places certain limitations on the financing terms of investments by SBICs in portfolio companies and prohibits SBICs from providing funds for certain purposes or to businesses in a few prohibited industries. Compliance with SBA requirements may cause the Funds to forego attractive investment opportunities that are not permitted under SBIC regulations. Further, the SBIC regulations require, among other things, that a licensed SBIC be periodically examined by the SBA and audited by an independent auditor, in each case to determine the SBIC’s compliance with the relevant SBIC regulations. The SBA prohibits, without prior SBA approval, a “change of control” of an SBIC or transfers that would result in any person (or a group of persons acting in concert) owning 10% or more of a class of capital stock of a licensed SBIC. If the Funds fail to comply with applicable SBIC regulations, the SBA could, depending on the severity of the violation, limit or prohibit their use of SBIC debentures, declare outstanding SBIC debentures immediately due and payable, and/or limit them from making new investments. In addition, the SBA can revoke or suspend a license for willful or repeated violation of, or willful or repeated failure to observe, any provision of the Small Business Investment Act of 1958 or any rule or regulation promulgated thereunder. Such actions by the SBA would, in turn, negatively affect us. | ||||||||||||||||||
Each of the Funds, as an SBIC, may be unable to make distributions to us that will enable us to meet or maintain RIC status, which could result in the imposition of an entity-level tax. [Member] | |||||||||||||||||||
General Description of Registrant [Abstract] | |||||||||||||||||||
Risk [Text Block] | Each of the Funds, as an SBIC, may be unable to make distributions to us that will enable us to meet or maintain RIC status, which could result in the imposition of an entity-level tax. In order for us to continue to qualify for RIC tax treatment and to minimize corporate-level U.S. federal taxes, we will be required to distribute substantially all of our net ordinary taxable income and net capital gain income, including taxable income from certain of our subsidiaries, which includes the income from the Funds. We will be partially dependent on the Funds for cash distributions to enable us to meet the RIC distribution requirements. The Funds may be limited by SBIC regulations from making certain distributions to us that may be necessary to enable us to maintain our status as a RIC. We may have to request a waiver of the SBA’s restrictions for the Funds to make certain distributions to maintain our eligibility for RIC status. We cannot assure you that the SBA will grant such waiver and if the Funds are unable to obtain a waiver, compliance with the SBIC regulations may result in loss of RIC tax treatment and a consequent imposition of an entity-level tax on us. | ||||||||||||||||||
We will be subject to corporate-level U.S. federal income tax if we are unable to qualify as a RIC under Subchapter M of the Code. [Member] | |||||||||||||||||||
General Description of Registrant [Abstract] | |||||||||||||||||||
Risk [Text Block] | We will be subject to corporate-level U.S. federal income tax if we are unable to qualify as a RIC under Subchapter M of the Code. To maintain RIC tax treatment under the Code, we must meet the following annual distribution, income source and asset diversification requirements: • The Annual Distribution Requirement for a RIC will be satisfied if we distribute to our stockholders on an annual basis at least 90% of our net ordinary taxable income and realized net short-term capital gains in excess of realized net long-term capital losses, if any. Depending on the level of taxable income earned in a tax year, we may choose to carry forward taxable income in excess of current year distributions into the next tax year and pay a 4% U.S. federal excise tax on such income. Any such carryover taxable income must be distributed through a dividend declared prior to filing the final tax return related to the year which generated such taxable income. For more information regarding tax treatment, see Business — Regulation — Taxation as a Regulated Investment Company. Because we use debt financing, we are subject to certain asset coverage ratio requirements under the 1940 Act and are (and may in the future become) subject to certain financial covenants under loan and credit agreements that could, under certain circumstances, restrict us from making distributions necessary to satisfy the distribution requirement. In addition, because we receive non-cash sources of income such as PIK interest which involves us recognizing taxable income without receiving the cash representing such income, we may have difficulty meeting the distribution requirement. If we are unable to obtain cash from other sources, we could fail to qualify for RIC tax treatment and thus become subject to corporate-level U.S. federal income tax. • The source-of-income requirement will be satisfied if we obtain at least 90% of our gross income for each year from distributions, interest, gains from the sale of stock or securities or similar sources. • The asset diversification requirement will be satisfied if we meet certain asset diversification requirements at the end of each quarter of our taxable year. To satisfy this requirement, at least 50% of the value of our assets must consist of cash, cash equivalents, U.S. government securities, securities of other RICs, and other acceptable securities; and no more than 25% of the value of our assets can be invested in the securities, other than U.S. government securities or securities of other RICs, (i) of one issuer, (ii) of two or more issuers that are controlled, as determined under applicable Code rules, by us and that are engaged in the same or similar or related trades or businesses or (iii) of certain “qualified publicly traded partnerships.” Failure to meet these requirements may result in our having to dispose of certain investments quickly in order to prevent the loss of RIC status. Because most of our investments are in privately held companies, and therefore illiquid, any such dispositions could be made at disadvantageous prices and could result in substantial losses. Moreover, if we fail to maintain RIC tax treatment for any reason and are subject to corporate income tax, the resulting corporate taxes could substantially reduce our net assets, the amount of income available for distribution and the amount of our distributions. | ||||||||||||||||||
We may have difficulty paying the distributions required to maintain RIC tax treatment under the Code if we recognize income before or without receiving cash representing such income. [Member] | |||||||||||||||||||
General Description of Registrant [Abstract] | |||||||||||||||||||
Risk [Text Block] | We may have difficulty paying the distributions required to maintain RIC tax treatment under the Code if we recognize income before or without receiving cash representing such income. We will include in income certain amounts that we have not yet received in cash, such as: (i) amortization of original issue discount, which may arise if we receive warrants in connection with the origination of a loan such that ascribing a value to the warrants creates original issue discount in the debt instrument, if we invest in a debt investment at a discount to the par value of the debt security or possibly in other circumstances; (ii) contractual payment-in-kind, or PIK, interest, which represents contractual interest added to the loan balance and due at the end of the loan term; (iii) contractual preferred dividends, which represents contractual dividends added to the preferred stock and due at the end of the preferred stock term, subject to adequate profitability at the portfolio company; or (iv) amortization of market discount, which is associated with loans purchased in the secondary market at a discount to par value. Such amortization of original issue discounts, increases in loan balances as a result of contractual PIK arrangements, cumulative preferred dividends, or amortization of market discount will be included in income before we receive the corresponding cash payments. We also may be required to include in income certain other amounts before we receive such amounts in cash. Investments structured with these features may represent a higher level of credit risk compared to investments generating income which must be paid in cash on a current basis. Since, in certain cases, we may recognize taxable income before or without receiving cash representing such income, we may have difficulty meeting the Annual Distribution Requirement necessary to maintain RIC tax treatment under the Code. Accordingly, we may have to sell some of our investments at times and/or at prices we would not consider advantageous, raise additional debt or equity capital or forgo new investment opportunities for this purpose. If we are not able to obtain cash from other sources, we may fail to qualify for RIC tax treatment and thus become subject to corporate-level U.S. federal income tax. For additional discussion regarding the tax implications of a RIC, please see Item 1. Business — Regulation — Taxation as a Regulated Investment Company . | ||||||||||||||||||
We may in the future choose to pay dividends in our own stock, in which case you may be required to pay tax in excess of the cash you receive. [Member] | |||||||||||||||||||
General Description of Registrant [Abstract] | |||||||||||||||||||
Risk [Text Block] | We may in the future choose to pay dividends in our own stock, in which case you may be required to pay tax in excess of the cash you receive. We may distribute taxable dividends that are payable in part in our stock. Under certain applicable provisions of the Code and the Treasury regulations, distributions payable by us in cash or in shares of stock (at the stockholders’ election) would satisfy the Annual Distribution Requirement. The Internal Revenue Service has issued guidance providing that a dividend payable in stock or in cash at the election of the stockholders will be treated as a taxable dividend eligible for the dividends paid deduction provided at least 20% of the total distribution is payable in cash and certain other requirements are satisfied. Taxable stockholders receiving such dividends will be required to include the full amount of the dividend as ordinary income (or as long-term capital gain to the extent such dividend is properly reported as a capital gain dividend) to the extent of our current and accumulated earnings and profits for U.S. federal income tax purposes. As a result, a U.S. stockholder may be required to pay tax with respect to such dividends in excess of any cash received. If a U.S. stockholder sells the stock it receives as a dividend in order to pay this tax, the sales proceeds may be less than the amount included in income with respect to the dividend, depending on the market price of our stock at the time of the sale. Furthermore, with respect to non-U.S. stockholders, we may be required to withhold U.S. tax with respect to such dividends, including in respect of all or a portion of such dividend that is payable in stock. In addition, if a significant number of our stockholders determine to sell shares of our stock in order to pay taxes owed on dividends, it may put downward pressure on the trading price of our stock. | ||||||||||||||||||
Stockholders may have current tax liability on dividends they elect to reinvest in our common stock but would not receive cash from such dividends to pay such tax liability. [Member] | |||||||||||||||||||
General Description of Registrant [Abstract] | |||||||||||||||||||
Risk [Text Block] | Stockholders may have current tax liability on dividends they elect to reinvest in our common stock but would not receive cash from such dividends to pay such tax liability. If stockholders participate in our dividend reinvestment plan, they will be deemed to have received, and for federal income tax purposes will be taxed on, the amount reinvested in our common stock to the extent the amount reinvested was not a tax-free return of capital. As a result, unless a stockholder is a tax-exempt entity, it may have to use funds from other sources to pay its tax liability on the value of the dividend that they have elected to have reinvested in our common stock. | ||||||||||||||||||
Legislative or regulatory tax changes could adversely affect our stockholders. [Member] | |||||||||||||||||||
General Description of Registrant [Abstract] | |||||||||||||||||||
Risk [Text Block] | Legislative or regulatory tax changes could adversely affect our stockholders. At any time, the federal income tax laws governing RICs or the administrative interpretations of those laws or regulations may be amended. Any new laws, regulations or interpretations may take effect retroactively and could adversely affect the taxation of us or our stockholders. Therefore, changes in tax laws, regulations or administrative interpretations or any amendments thereto could diminish the value of an investment in our shares or the value or the resale potential of our investments. If we do not comply with applicable laws and regulations, we could lose any licenses that we then hold for the conduct of our business and may be subject to civil fines and criminal penalties. | ||||||||||||||||||
Events outside of our control, including public health crises, supply chain disruptions and inflation, could negatively affect our portfolio companies and the results of our operations. [Member] | |||||||||||||||||||
General Description of Registrant [Abstract] | |||||||||||||||||||
Risk [Text Block] | Events outside of our control, including public health crises, supply chain disruptions and inflation, could negatively affect our portfolio companies and the results of our operations. Periods of market volatility could occur in response to pandemics or other events outside of our control. We and the portfolio companies in which we invest in could be affected by force majeure events (i.e., events beyond the control of the party claiming that the event has occurred, such as acts of God, fire, flood, earthquakes, outbreaks of an infectious disease, pandemic or any other serious public health concern, war, terrorism, labor strikes, major plant breakdowns, pipeline or electricity line ruptures, failure of technology, defective design and construction, accidents, demographic changes, government macroeconomic policies, social instability, etc.). Some force majeure events could adversely affect the ability of a party (including us, a portfolio company or a counterparty to us) to perform its obligations until it is able to remedy the force majeure event. In addition, force majeure events, such as the cessation of the operation of equipment for repair or upgrade, could similarly lead to the unavailability of essential equipment and technologies. These risks could, among other effects, adversely impact the cash flows available from a portfolio company, cause personal injury or loss of life, including to an officer, director or a member of our investment team, damage property, or instigate disruptions of service. In addition, the cost to a portfolio company or us of repairing or replacing damaged assets resulting from such force majeure event could be considerable. It will not be possible to insure against all such events, and insurance proceeds received, if any, could be inadequate to completely or even partially cover any loss of revenues or investments, any increases in operating and maintenance expenses, or any replacements or rehabilitation of property. Certain events causing catastrophic loss could be either uninsurable, or insurable at such high rates as to adversely impact us or portfolio companies, as applicable. Force majeure events that are incapable of or are too costly to cure could have permanent adverse effects. Certain force majeure events (such as war or an outbreak of an infectious disease) could have a broader negative impact on the world economy and international business activity generally, or in any of the countries in which we invest or our portfolio companies operate specifically. Such force majeure events could result in or coincide with: increased volatility in the global securities, derivatives and currency markets; a decrease in the reliability of market prices and difficulty in valuing assets; greater fluctuations in currency exchange rates; increased risk of default (by both government and private issuers); further social, economic, and political instability; nationalization of private enterprise; greater governmental involvement in the economy or in social factors that impact the economy; less governmental regulation and supervision of the securities markets and market participants and decreased monitoring of the markets by governments or self-regulatory organizations and reduced enforcement of regulations; limited, or limitations on, the activities of investors in such markets; controls or restrictions on foreign investment, capital controls and limitations on repatriation of invested capital; inability to purchase and sell investments or otherwise settle security or derivative transactions (i.e., a market freeze); unavailability of currency hedging techniques; substantial, and in some periods extremely high, rates of inflation, which can last many years and have substantial negative effects on credit and securities markets as well as the economy as a whole; recessions; and difficulties in obtaining and/or enforcing legal judgments. | ||||||||||||||||||
We are currently operating in a period of capital markets disruption and economic uncertainty. [Member] | |||||||||||||||||||
General Description of Registrant [Abstract] | |||||||||||||||||||
Risk [Text Block] | We are currently operating in a period of capital markets disruption and economic uncertainty, and capital markets may experience periods of disruption and instability in the future. These market conditions may materially and adversely affect debt and equity capital markets in the United States and abroad, which may have a negative impact on our business and operations. The success of our activities is affected by general economic and market conditions, including, among others, interest rates, availability of credit, inflation rates, economic uncertainty, changes in laws, and trade barriers. These factors could affect the level and volatility of securities prices and the liquidity of our investments. Volatility or illiquidity could impair our profitability or result in losses. These factors also could adversely affect the availability or cost of our leverage, which would result in lower returns. These disruptions in the capital markets have increased the spread between the yields realized on risk-free and higher risk securities, resulting in illiquidity in parts of the capital markets. Such disruptions could adversely affect our business, financial condition, results of operations and cash flows, and future market disruptions and/or illiquidity could negatively impact us. These unfavorable economic conditions could increase our funding costs and limit our access to the capital markets, and could result in a decision by lenders not to extend credit to us in the future. These events could limit our investments, our ability to grow and could negatively impact our operating results and the fair values of our debt and equity investments. | ||||||||||||||||||
Failure to comply with applicable laws or regulations and changes in laws or regulations governing our operations may adversely affect our business or cause us to alter our business strategy. [Member] | |||||||||||||||||||
General Description of Registrant [Abstract] | |||||||||||||||||||
Risk [Text Block] | Failure to comply with applicable laws or regulations and changes in laws or regulations governing our operations may adversely affect our business or cause us to alter our business strategy. We, the Funds, and our portfolio companies are subject to applicable local, state and federal laws and regulations. Failure to comply with any applicable local, state or federal law or regulation could negatively impact our reputation and our business results. New legislation may also be enacted or new interpretations, rulings or regulations could be adopted, including those governing the types of investments we are permitted to make, any of which could harm us and our stockholders, potentially with retroactive effect. Additionally, any changes to the laws and regulations governing our operations relating to permitted investments may cause us to alter our investment strategy in order to avail ourselves of new or different opportunities. Such changes could result in material differences to the strategies and plans set forth herein and may result in our investment focus shifting from the areas of expertise of our investment team to other types of investments in which our investment team may have less expertise or little or no experience. Thus, any such changes, if they occur, could have a material adverse effect on our results of operations and the value of your investment. | ||||||||||||||||||
We may experience fluctuations in our operating results. [Member] | |||||||||||||||||||
General Description of Registrant [Abstract] | |||||||||||||||||||
Risk [Text Block] | We may experience fluctuations in our operating results. We could experience fluctuations in our operating results due to a number of factors, including our ability or inability to make investments in companies that meet our investment criteria, the interest rate payable on the debt securities we acquire, the level of portfolio dividend and fee income, the level of our expenses, variations in and the timing of the recognition of realized and unrealized gains or losses, the degree to which we encounter competition in our markets and general economic conditions. As a result of these factors, operating results for any period should not be relied upon as being indicative of performance in future periods. | ||||||||||||||||||
Technological innovations and industry disruptions may negatively impact us. [Member] | |||||||||||||||||||
General Description of Registrant [Abstract] | |||||||||||||||||||
Risk [Text Block] | Technological innovations and industry disruptions may negatively impact us. Technological innovations have disrupted traditional approaches in multiple industries and can permit younger companies to achieve success and in the process disrupt markets and market practices. We can provide no assurance that new businesses and approaches will not be created that would compete with us and/or our portfolio companies or alter the market practices in which we have been designed to function within and on which we depend on for our investment return. New approaches could damage our investments, disrupt the market in which we operate and subject us to increased competition, which could materially and adversely affect our business, financial condition and results of investments. | ||||||||||||||||||
We are highly dependent on information systems and systems failures could significantly disrupt our business. [Member] | |||||||||||||||||||
General Description of Registrant [Abstract] | |||||||||||||||||||
Risk [Text Block] | We are highly dependent on information systems and systems failures could significantly disrupt our business, which may, in turn, negatively affect the market price of our common stock and our ability to pay dividends. Our business is highly dependent on our and third parties’ communications and information systems. Any failure or interruption of those systems, including as a result of the termination of an agreement with any third-party service providers, could cause delays or other problems in our activities. Our financial, accounting, data processing, backup or other operating systems and facilities may fail to operate properly or become disabled or damaged as a result of a number of factors including events that are wholly or partially beyond our control and adversely affect our business. There could be: • sudden electrical or telecommunications outages; • natural disasters such as earthquakes, tornadoes and hurricanes; • disease pandemics; • events arising from local or larger scale political or social matters, including terrorist acts; and • cyber attacks, including software viruses, ransomware, malware and phishing and vishing schemes. | ||||||||||||||||||
The failure in cyber security systems could impair our ability to conduct business effectively. [Member] | |||||||||||||||||||
General Description of Registrant [Abstract] | |||||||||||||||||||
Risk [Text Block] | The failure in cybersecurity systems, as well as the occurrence of events unanticipated in our disaster recovery systems and management continuity planning could impair our ability to conduct business effectively. The occurrence of a disaster such as a cyber-attack, a natural catastrophe, an industrial accident, a terrorist attack or war, events unanticipated in our disaster recovery systems, or a support failure from external providers, could have an adverse effect on our ability to conduct business and on our results of operations and financial condition, particularly if those events affect our computer-based data processing, transmission, storage, and retrieval systems or destroy data. If a significant number of our managers were unavailable in the event of a disaster, our ability to effectively conduct our business could be severely compromised. We depend heavily upon computer systems to perform necessary business functions. Despite our implementation of a variety of security measures, our computer systems could be subject to cyber-attacks and unauthorized access, such as physical and electronic break-ins or unauthorized tampering. Like other companies, we may experience threats to our data and systems, including malware and computer virus attacks, unauthorized access, system failures and disruptions. If one or more of these events occurs, it could potentially jeopardize the confidential, proprietary and other information processed and stored in, and transmitted through, our computer systems and networks, or otherwise cause interruptions or malfunctions in our operations, which could result in damage to our reputation, financial losses, litigation, increased costs, regulatory penalties and/or customer dissatisfaction or loss. Third parties with which we do business (including, but not limited to, service providers, such as accountants, custodians, transfer agents and administrators, and the issuers of securities in which we invest) may also be sources or targets of cybersecurity or other technological risks. While we engage in actions to reduce our exposure resulting from outsourcing, we cannot control the cybersecurity plans and systems put in place by these third parties and ongoing threats may result in unauthorized access, loss, exposure or destruction of data, or other cybersecurity incidents, with increased costs and other consequences, including those described above. Privacy and information security laws and regulation changes, and compliance with those changes, may also result in cost increases due to system changes and the development of new administrative processes. | ||||||||||||||||||
SBIC Debentures [Member] | |||||||||||||||||||
Financial Highlights [Abstract] | |||||||||||||||||||
Senior Securities Amount | $ 350,000,000 | $ 350,000,000 | $ 350,000,000 | $ 350,000,000 | $ 295,800,000 | $ 240,000,000 | $ 225,000,000 | $ 225,000,000 | $ 350,000,000 | $ 309,800,000 | $ 311,800,000 | $ 345,800,000 | |||||||
Senior Securities Coverage per Unit | $ 2,364 | $ 2,364 | $ 2,044 | $ 2,364 | $ 2,687 | $ 2,415 | $ 2,368 | $ 2,323 | $ 1,985 | $ 2,244 | $ 2,363 | $ 2,455 | |||||||
July 2026 Notes [Member] | |||||||||||||||||||
Financial Highlights [Abstract] | |||||||||||||||||||
Senior Securities Amount | $ 500,000,000 | $ 500,000,000 | $ 500,000,000 | $ 500,000,000 | $ 500,000,000 | ||||||||||||||
Senior Securities Coverage per Unit | $ 2,364 | $ 2,364 | $ 2,044 | $ 2,364 | $ 1,985 | ||||||||||||||
May 2024 Notes [Member] | |||||||||||||||||||
Financial Highlights [Abstract] | |||||||||||||||||||
Senior Securities Amount | $ 450,000,000 | $ 450,000,000 | $ 450,000,000 | $ 450,000,000 | $ 450,000,000 | $ 450,000,000 | $ 325,000,000 | ||||||||||||
Senior Securities Coverage per Unit | $ 2,364 | $ 2,364 | $ 2,044 | $ 2,364 | $ 1,985 | $ 2,244 | $ 2,363 | ||||||||||||
December 2025 Notes [Member] | |||||||||||||||||||
Financial Highlights [Abstract] | |||||||||||||||||||
Senior Securities Amount | $ 150,000,000 | $ 150,000,000 | $ 100,000,000 | $ 150,000,000 | |||||||||||||||
Senior Securities Coverage per Unit | $ 2,364 | $ 2,364 | $ 2,044 | $ 2,364 | |||||||||||||||
Corporate Facility [Member] | |||||||||||||||||||
Financial Highlights [Abstract] | |||||||||||||||||||
Senior Securities Amount | $ 200,000,000 | $ 200,000,000 | $ 407,000,000 | $ 200,000,000 | $ 64,000,000 | $ 343,000,000 | $ 291,000,000 | $ 218,000,000 | $ 320,000,000 | $ 269,000,000 | $ 300,000,000 | $ 301,000,000 | |||||||
Senior Securities Coverage per Unit | $ 2,364 | $ 2,364 | $ 2,044 | $ 2,364 | $ 2,687 | $ 2,415 | $ 2,368 | $ 2,323 | $ 1,985 | $ 2,244 | $ 2,363 | $ 2,455 | |||||||
SPV Facility [Member] | |||||||||||||||||||
Financial Highlights [Abstract] | |||||||||||||||||||
Senior Securities Amount | $ 160,000,000 | $ 160,000,000 | $ 200,000,000 | $ 160,000,000 | |||||||||||||||
Senior Securities Coverage per Unit | $ 2,364 | $ 2,364 | $ 2,044 | $ 2,364 | |||||||||||||||
December 2022 Notes [Member] | |||||||||||||||||||
Financial Highlights [Abstract] | |||||||||||||||||||
Senior Securities Amount | $ 185,000,000 | $ 185,000,000 | $ 185,000,000 | $ 185,000,000 | $ 185,000,000 | ||||||||||||||
Senior Securities Coverage per Unit | $ 2,687 | $ 1,985 | $ 2,244 | $ 2,363 | $ 2,455 | ||||||||||||||
April 2023 Notes [Member] | |||||||||||||||||||
Financial Highlights [Abstract] | |||||||||||||||||||
Senior Securities Amount | $ 90,655,000 | $ 90,655,000 | $ 90,738,000 | $ 90,823,000 | |||||||||||||||
Senior Securities Coverage per Unit | $ 2,687 | $ 2,415 | $ 2,368 | $ 2,323 | |||||||||||||||
Senior Securities Average Market Value per Unit | $ 25.93 | $ 25.76 | $ 25.40 | $ 24.78 | |||||||||||||||
December 2019 Notes [Member] | |||||||||||||||||||
Financial Highlights [Abstract] | |||||||||||||||||||
Senior Securities Amount | $ 175,000,000 | $ 175,000,000 | $ 175,000,000 | $ 175,000,000 | $ 175,000,000 | ||||||||||||||
Senior Securities Coverage per Unit | $ 2,687 | $ 2,415 | $ 2,368 | $ 2,323 | $ 2,455 |
SUMMARY OF SIGNIFICANT ACCOUN_2
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies) | 12 Months Ended |
Dec. 31, 2023 | |
Accounting Policies [Abstract] | |
Basis of Presentation | Basis of Presentation Main Street’s consolidated financial statements are prepared in accordance with generally accepted accounting principles in the United States of America (“U.S. GAAP”). The Company is an investment company following accounting and reporting guidance in Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) 946, Financial Services—Investment Companies (“ASC 946”). For each of the periods presented herein, Main Street’s consolidated financial statements include the accounts of MSCC and its consolidated subsidiaries. The Investment Portfolio, as used herein, refers to all of Main Street’s investments in LMM portfolio companies, investments in Private Loan portfolio companies, investments in Middle Market portfolio companies, Other Portfolio investments and the investment in the External Investment Manager (see Note C — Fair Value Hierarchy for Investments — Portfolio Composition — Investment Portfolio Composition for additional discussion of Main Street’s Investment Portfolio and definitions for the defined terms Private Loan and Other Portfolio). Main Street’s results of operations and cash flows for the years ended December 31, 2023, 2022 and 2021 and financial position as of December 31, 2023 and 2022, are presented on a consolidated basis. The effects of all intercompany transactions between MSCC and its consolidated subsidiaries have been eliminated in consolidation. |
Principles of Consolidation | Principles of Consolidation Under ASC 946, Main Street is precluded from consolidating other entities in which Main Street has equity investments, including those in which it has a controlling interest, unless the other entity is another investment company. An exception to this general principle in ASC 946 occurs if Main Street holds a controlling interest in an operating company that provides all or substantially all of its services directly to Main Street. Accordingly, as noted above, MSCC’s consolidated financial statements include the financial position and operating results for the Funds, the Taxable Subsidiaries and the Structured Subsidiaries. Main Street has determined that none of its portfolio investments qualify for this exception, including the investment in the External Investment Manager. Therefore, Main Street’s Investment Portfolio is carried on the Consolidated Balance Sheets at fair value, as discussed further in Note B.1. — Summary of Significant Accounting Policies — Valuation of the Investment Portfolio |
Portfolio Investment Classification and Valuation of the Investment Portfolio | Portfolio Investment Classification Main Street classifies its Investment Portfolio in accordance with the requirements of the 1940 Act. Under the 1940 Act, (a) “Control Investments” are defined as investments in which Main Street owns more than 25% of the voting securities or has rights to maintain greater than 50% of the board representation, (b) “Affiliate Investments” are defined as investments in which Main Street owns between 5% and 25% (inclusive) of the voting securities and does not have rights to maintain greater than 50% of the board representation and (c) “Non-Control/Non-Affiliate Investments” are defined as investments that are neither Control Investments nor Affiliate Investments. For purposes of determining the classification of its Investment Portfolio, Main Street has excluded consideration of any voting securities or board appointment rights held by third-party investment funds advised by the External Investment Manager. Valuation of the Investment Portfolio Main Street accounts for its Investment Portfolio at fair value. As a result, Main Street follows the provisions of ASC 820, Fair Value Measurements and Disclosures (“ASC 820”). ASC 820 defines fair value, establishes a framework for measuring fair value, establishes a fair value hierarchy based on the quality of inputs used to measure fair value and enhances disclosure requirements for fair value measurements. ASC 820 requires Main Street to assume that the portfolio investment is to be sold in the principal market to independent market participants, which may be a hypothetical market. Market participants are defined as buyers and sellers in the principal market that are independent, knowledgeable and willing and able to transact. Main Street’s portfolio strategy calls for it to invest primarily in illiquid debt and equity securities issued by privately held, LMM companies and debt securities issued by Middle Market companies that are generally larger in size than the LMM companies and that can be more liquid than the debt securities issued by LMM companies. Main Street categorizes some of its investments in LMM companies and Middle Market companies as Private Loan portfolio investments, which are primarily debt securities in privately held companies that have primarily been originated directly by Main Street or, to a lesser extent, through its strategic relationships with other investment funds on a collaborative basis through investments that are often referred to in the debt markets as “club deals” because of the small lender group size. In both cases, Main Street’s Private Loan investments are typically made to support a company owned by or in the process of being acquired by a private equity sponsor. Private Loan investments are made in companies that are consistent with the size of companies Main Street invests in through its LMM portfolio and Middle Market portfolio. Main Street’s portfolio also includes Other Portfolio investments which primarily consist of investments that are not consistent with the typical profiles for its LMM, Private Loan or Middle Market portfolio investments, including investments which may be managed by third parties. Main Street’s portfolio may also include short-term portfolio investments that are atypical of Main Street’s LMM, Private Loan and Middle Market portfolio investments in that they are intended to be a short-term deployment of capital and are more liquid than investments within the other portfolios. Main Street’s portfolio investments may be subject to restrictions on resale. LMM investments and Other Portfolio investments generally have no established trading market, while Private Loan investments may include investments which have no established market or have established markets that are not active. Middle Market and short-term portfolio investments generally have established markets that are not active. Main Street determines in good faith the fair value of its Investment Portfolio pursuant to a valuation policy in accordance with ASC 820, with such valuation process approved by its Board of Directors and in accordance with the 1940 Act. Main Street’s valuation policies and processes are intended to provide a consistent basis for determining the fair value of Main Street’s Investment Portfolio. For LMM portfolio investments, Main Street generally reviews external events, including private mergers, sales and acquisitions involving comparable companies, and includes these events in the valuation process by using an enterprise value waterfall methodology (“Waterfall”) for its LMM equity investments and an income approach using a yield-to-maturity model (“Yield-to-Maturity”) valuation method for its LMM debt investments. For Private Loan and Middle Market portfolio investments in debt securities for which it has determined that third-party quotes or other independent pricing are not available or appropriate, Main Street generally estimates the fair value based on the assumptions that it believes hypothetical market participants would use to value the investment in a current hypothetical sale using the Yield-to-Maturity valuation method. For Middle Market and short-term portfolio investments in debt securities for which it has determined that third-party quotes or other independent prices are available, Main Street primarily uses quoted prices in the valuation process. Main Street determines the appropriateness of the use of third-party broker quotes, if any, in determining fair value based on its understanding of the level of actual transactions used by the broker to develop the quote and whether the quote was an indicative price or binding offer, the depth and consistency of broker quotes and the correlation of changes in broker quotes with underlying performance of the portfolio company and other market indices. For its Other Portfolio equity investments, Main Street generally calculates the fair value of the investment primarily based on the net asset value (“NAV”) of the fund and adjusts the fair value for other factors deemed relevant that would affect the fair value of the investment. All of the valuation approaches for Main Street’s portfolio investments estimate the value of the investment as if Main Street were to sell, or exit, the investment as of the measurement date. These valuation approaches consider the value associated with Main Street’s ability to control the capital structure of the portfolio company, as well as the timing of a potential exit. For valuation purposes, “control” portfolio investments are composed of debt and equity securities in companies for which Main Street has a controlling interest in the equity ownership of the portfolio company or the ability to nominate a majority of the portfolio company’s board of directors. For valuation purposes, “non-control” portfolio investments are generally composed of debt and equity securities in companies for which Main Street does not have a controlling interest in the equity ownership of the portfolio company or the ability to nominate a majority of the portfolio company’s board of directors. Under the Waterfall valuation method, Main Street estimates the enterprise value of a portfolio company using a combination of market and income approaches or other appropriate valuation methods, such as considering recent transactions in the equity securities of the portfolio company or third-party valuations of the portfolio company, and then performs a Waterfall calculation by allocating the enterprise value over the portfolio company’s securities in order of their preference relative to one another. The enterprise value is the fair value at which an enterprise could be sold in a transaction between two willing parties, other than through a forced or liquidation sale. Typically, privately held companies are bought and sold based on multiples of earnings before interest, taxes, depreciation and amortization (“EBITDA”), cash flows, net income, revenues, or in limited cases, book value. There is no single methodology for estimating enterprise value. For any one portfolio company, enterprise value is generally described as a range of values from which a single estimate of enterprise value is derived. In estimating the enterprise value of a portfolio company, Main Street analyzes various factors including the portfolio company’s historical and projected financial results. Due to SEC deadlines for Main Street’s quarterly and annual financial reporting, the operating results of a portfolio company used in the current period valuation are generally the results from the period ended three months prior to such valuation date and may include unaudited, projected, budgeted or pro forma financial information and may require adjustments for non-recurring items or to normalize the operating results that may require significant judgment in determining. In addition, projecting future financial results requires significant judgment regarding future growth assumptions. In evaluating the operating results, Main Street also analyzes the impact of exposure to litigation, loss of customers or other contingencies. After determining the appropriate enterprise value, Main Street allocates the enterprise value to investments in order of the legal priority of the various components of the portfolio company’s capital structure. In applying the Waterfall valuation method, Main Street assumes the loans are paid-off at the principal amount in a change in control transaction and are not assumed by the buyer, which Main Street believes is consistent with its past transaction history and standard industry practices. Under the Yield-to-Maturity valuation method, Main Street also uses the income approach to determine the fair value of debt securities based on projections of the discounted future free cash flows that the debt security will likely generate, including analyzing the discounted cash flows of interest and principal amounts for the debt security, as set forth in the associated loan agreements, as well as the financial position and credit risk of the portfolio company. Main Street’s estimate of the expected repayment date of its debt securities is generally the maturity date of the instrument, as Main Street generally intends to hold its loans and debt securities to maturity. The Yield-to-Maturity analysis also considers changes in leverage levels, credit quality, portfolio company performance, changes in market-based interest rates and other factors. Main Street will generally use the value determined by the Yield-to-Maturity analysis as the fair value for that security; however, because of Main Street’s general intent to hold its loans to maturity, the fair value will not exceed the principal amount of the debt security valued using the Yield-to-Maturity valuation method. A change in the assumptions that Main Street uses to estimate the fair value of its debt securities using the Yield-to-Maturity valuation method could have a material impact on the determination of fair value. If there is deterioration in credit quality or if a debt security is in workout status, Main Street may consider other factors in determining the fair value of the debt security, including the value attributable to the debt security from the enterprise value of the portfolio company or the proceeds that would most likely be received in a liquidation analysis. Under the NAV valuation method, for an investment in an investment fund that does not have a readily determinable fair value, Main Street measures the fair value of the investment predominately based on the NAV of the investment fund as of the measurement date and adjusts the investment’s fair value for factors known to Main Street that would affect that fund’s NAV, including, but not limited to, fair values for individual investments held by the fund if Main Street holds the same investment or for a publicly traded investment. In addition, in determining the fair value of the investment, Main Street considers whether adjustments to the NAV are necessary in certain circumstances, based on the analysis of any restrictions on redemption of Main Street’s investment as of the measurement date, recent actual sales or redemptions of interests in the investment fund, and expected future cash flows available to equity holders, including the rate of return on those cash flows compared to an implied market return on equity required by market participants, or other uncertainties surrounding Main Street’s ability to realize the full NAV of its interests in the investment fund. Pursuant to its internal valuation process and the requirements under the 1940 Act, Main Street performs valuation procedures on each of its portfolio investments quarterly. In addition to its internal valuation process, in arriving at estimates of fair value for its investments in its LMM portfolio companies, Main Street, among other things, consults with a nationally recognized independent financial advisory services firm (the “Financial Advisory Firm”). The Financial Advisory Firm analyzes and provides observations, recommendations and an assurance certification regarding Main Street’s determinations of the fair value of its LMM portfolio company investments. The Financial Advisory Firm is generally consulted relative to Main Street’s investments in each LMM portfolio company at least once every calendar year, and for Main Street’s investments in new LMM portfolio companies, at least once in the twelve-month period subsequent to the initial investment. In certain instances, Main Street may determine that it is not cost-effective, and as a result is not in its stockholders’ best interest, to consult with the Financial Advisory Firm on its investments in one or more LMM portfolio companies. Such instances include, but are not limited to, situations where the fair value of Main Street’s investment in a LMM portfolio company is determined to be insignificant relative to the total Investment Portfolio. Main Street consulted with and received an assurance certification from the Financial Advisory Firm in arriving at Main Street’s determination of fair value for its investments in a total of 70 and 66 LMM portfolio companies during the years ended December 31, 2023 and 2022, respectively, representing 95% and 94% of the total LMM portfolio at fair value as of December 31, 2023 and 2022, respectively. Excluding its investments in LMM portfolio companies that, as of December 31, 2023 and 2022, as applicable, had not been in the Investment Portfolio for at least twelve months subsequent to the initial investment or whose primary purpose is to own real estate for which a third-party appraisal is obtained on at least an annual basis, 99% of the LMM portfolio at fair value was reviewed and certified by the Financial Advisory Firm for both of the years ended December 31, 2023 and 2022. For valuation purposes, the significant majority of Main Street’s Private Loan portfolio investments are non-control investments. For Private Loan portfolio investments for which it has determined that third-party quotes or other independent pricing are not available or appropriate, Main Street generally estimates the fair value based on the assumptions that it believes hypothetical market participants would use to value such Private Loan debt investments in a current hypothetical sale using the Yield-to-Maturity valuation method and such Private Loan equity investments in a current hypothetical sale using the Waterfall valuation method. In addition to its internal valuation process, in arriving at estimates of fair value for its investments in its Private Loan portfolio companies, Main Street, among other things, consults with the Financial Advisory Firm. The Financial Advisory Firm analyzes and provides observations and recommendations and an assurance certification regarding Main Street’s determinations of the fair value of its Private Loan portfolio company investments. The Financial Advisory Firm is generally consulted relative to Main Street’s investments in each Private Loan portfolio company at least once every calendar year, and for Main Street’s investments in new Private Loan portfolio companies, at least once in the twelve-month period subsequent to the initial investment. In certain instances, Main Street may determine that it is not cost-effective, and as a result is not in its stockholders’ best interest, to consult with the Financial Advisory Firm on its investments in one or more Private Loan portfolio companies. Such instances include, but are not limited to, situations where the fair value of Main Street’s investment in a Private Loan portfolio company is determined to be insignificant relative to the total Investment Portfolio. Main Street consulted with and received an assurance certification from the Financial Advisory Firm in arriving at its determination of fair value for its investments in a total of 59 Private Loan portfolio companies during each of the years ended December 31, 2023 and 2022, representing 82% and 76% of the total Private Loan portfolio at fair value as of December 31, 2023 and 2022, respectiv ely. Excluding its investments in Private Loan portfolio companies that, as of December 31, 2023 and 2022, as applicable, had not been in the Investment Portfolio for at least twelve months subsequent to the initial investment and its investments in Private Loan portfolio companies that were not reviewed because the investment is valued based upon third-party quotes or other independent pricing, 94% and 97% of the Private Loan portfolio at fair value was reviewed and certified by the Financial Advisory Firm for the years ended December 31, 2023 and 2022, respectively. For valuation purposes, all of Main Street’s Middle Market portfolio investments are either non-control or affiliate investments. To the extent sufficient observable inputs are available to determine fair value, Main Street uses observable inputs to determine the fair value of these investments through obtaining third-party quotes or other independent pricing. For Middle Market portfolio investments for which it has determined that third-party quotes or other independent pricing are not available or appropriate, Main Street generally estimates the fair value based on the assumptions that it believes hypothetical market participants would use to value such Middle Market debt investments in a current hypothetical sale using the Yield-to-Maturity valuation method and such Middle Market equity investments in a current hypothetical sale using the Waterfall valuation method. Main Street generally consults on a limited basis with the Financial Advisory Firm in connection with determining the fair value of its Middle Market portfolio investments due to the nature of these investments. The vast majority (98% and 89% as of December 31, 2023 and 2022, respectively) of the Middle Market portfolio investments (i) are valued using third-party quotes or other independent pricing services or (ii) Main Street has consulted with and received an assurance certification from the Financial Advisory Firm within the last twelve months. For valuation purposes, all of Main Street’s short-term portfolio investments are non-control investments. To the extent sufficient observable inputs are available to determine fair value, Main Street uses observable inputs to determine the fair value of these investments through obtaining third-party quotes or other independent pricing. Because all of the short-term portfolio investments are typically valued using third-party quotes or other independent pricing services, Main Street generally does not consult with any financial advisory services firms in connection with determining the fair value of its short-term portfolio investments. For valuation purposes, the majority of Main Street’s Other Portfolio investments are non-control or affiliate investments. Main Street’s Other Portfolio investments comprised 3.3% and 2.8% of Main Street’s Investment Portfolio at fair value as of December 31, 2023 and 2022, respectively. Similar to the LMM investment portfolio, market quotations for Other Portfolio equity investments are generally not readily available. For its Other Portfolio equity investments, Main Street generally determines the fair value of these investments using the NAV valuation method. For valuation purposes, Main Street’s investment in the External Investment Manager is a control investment. Market quotations are not readily available for this investment, and as a result, Main Street determines the fair value of the External Investment Manager using the Waterfall valuation method under the market approach. In estimating the enterprise value, Main Street analyzes various factors, including the entity’s historical and projected financial results, as well as its size, marketability and performance relative to the population of market comparables, and the valuations for comparable publicly traded companies and private transactions involving comparable companies. This valuation approach estimates the value of the investment as if Main Street were to sell, or exit, the investment. In addition, Main Street considers its ability to control the capital structure of the company, as well as the timing of a potential exit, in connection with determining the fair value of the External Investment Manager. Main Street consults with and receives an assurance certification from the Financial Advisory Firm in arriving at its determination of fair value for its investment in the External Investment Adviser on a quarterly basis, including as of December 31, 2023 and 2022. Due to the inherent uncertainty in the valuation process, Main Street’s determination of fair value for its Investment Portfolio may differ materially from the values that would have been determined had a ready market for the securities existed. In addition, changes in the market environment, portfolio company performance and other events that may occur over the lives of the investments may cause the gains or losses ultimately realized on these investments to be materially different than the valuations currently assigned. Main Street determines the fair value of each individual investment and records changes in fair value as unrealized appreciation or depreciation. Main Street uses an internally developed portfolio investment rating system in connection with its investment oversight, portfolio management and analysis and investment valuation procedures for its LMM, Private Loan and Middle Market portfolio companies. This system takes into account both quantitative and qualitative factors of each LMM, Private Loan and Middle Market portfolio company. Rule 2a-5 under the 1940 Act permits a BDC’s board of directors to designate its executive officers or investment adviser as a valuation designee to determine the fair value for its investment portfolio, subject to the active oversight of the board. Main Street’s Board of Directors has approved policies and procedures pursuant to Rule 2a-5 (the “Valuation Procedures”) and has designated a group of its executive officers to serve as the Board of Directors’ valuation designee. Main Street believes its Investment Portfolio as of December 31, 2023 and 2022 approximates fair value as of those dates based on the markets in which it operates and other conditions in existence on those reporting dates. |
Use of Estimates | Use of Estimates The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenue and expenses during the period. Actual results may differ from these estimates under different conditions or assumptions. Additionally, as explained in Note B.1. — Summary of Significant Accounting Policies — Valuation of the Investment Portfolio , the consolidated financial statements include investments in the Investment Portfolio whose values have been estimated by Main Street, pursuant to valuation policies and procedures approved and overseen by Main Street’s Board of Directors, in the absence of readily ascertainable market values. Because of the inherent uncertainty of the Investment Portfolio valuations, those estimated values may differ materially from the values that would have been determined had a ready market for the securities existed. Macroeconomic factors, including pandemics, risk of recession, inflation, supply chain constraints or disruptions, geopolitical disruptions and rising market index interest rates, and the related effect on the U.S. and global economies, have impacted, and may continue to impact, the businesses and operating results of certain of Main Street’s portfolio companies. As a result of these and other current effects of macroeconomic factors, as well as the uncertainty regarding the extent and duration of their impact, the valuation of Main Street’s Investment Portfolio has and may continue to experience increased volatility. |
Cash and Cash Equivalents | Cash and Cash Equivalents Cash and cash equivalents consist of cash and highly liquid investments with an original maturity of three months or less at the date of purchase. Cash and cash equivalents are carried at cost, which approximates fair value. At December 31, 2023, the Company had $15.2 million of cash equivalents invested in AAA-rated money market funds. These highly liquid, short-term investments are included in the Consolidated Schedule of Investments. |
Interest | Interest, Dividend and Fee Income Main Street records interest and dividend income on the accrual basis to the extent amounts are expected to be collected. Dividend income is recorded when dividends are declared by the portfolio company or at such other time that an obligation exists for the portfolio company to make a distribution. Main Street evaluates accrued interest and dividend income periodically for collectability. When a loan or debt security becomes 90 days or more past due, and if Main Street otherwise does not expect the debtor to be able to service its debt obligation, Main Street will generally place the loan or debt security on non-accrual status and cease recognizing interest income on that loan or debt security until the borrower has demonstrated the ability and intent to pay contractual amounts due. If a loan or debt security’s status significantly improves regarding the debtor’s ability to service the debt obligation, or if a loan or debt security is sold or written off, Main Street removes it from non-accrual status. |
Dividend | Interest, Dividend and Fee Income Main Street records interest and dividend income on the accrual basis to the extent amounts are expected to be collected. Dividend income is recorded when dividends are declared by the portfolio company or at such other time that an obligation exists for the portfolio company to make a distribution. Main Street evaluates accrued interest and dividend income periodically for collectability. When a loan or debt security becomes 90 days or more past due, and if Main Street otherwise does not expect the debtor to be able to service its debt obligation, Main Street will generally place the loan or debt security on non-accrual status and cease recognizing interest income on that loan or debt security until the borrower has demonstrated the ability and intent to pay contractual amounts due. If a loan or debt security’s status significantly improves regarding the debtor’s ability to service the debt obligation, or if a loan or debt security is sold or written off, Main Street removes it from non-accrual status. Main Street holds certain debt and preferred equity instruments in its Investment Portfolio that contain payment-in-kind (“PIK”) interest and cumulative dividend provisions. The PIK interest, computed at the contractual rate specified in each debt agreement, is periodically added to the principal balance of the debt and is recorded as interest income. Thus, the actual collection of this interest may be deferred until the time of debt principal repayment. Cumulative dividends are recorded as dividend income, and any dividends in arrears are added to the balance of the preferred equity investment. The actual collection of these dividends in arrears may be deferred until such time as the preferred equity is redeemed or sold. To maintain RIC tax treatment (as discussed in Note B.10. — Summary of Significant Accounting Policies—Income Taxes |
Fee Income | Main Street may periodically provide services, including structuring and advisory services, to its portfolio companies or other third parties. For services that are separately identifiable and evidence exists to substantiate fair value, fee income is recognized as earned, which is generally when the investment or other applicable transaction closes. Fees received in connection with debt financing transactions for services that do not meet these criteria are treated as debt origination fees and are generally deferred and accreted into income over the life of the financing. |
Deferred Financing Costs | Deferred Financing Costs Deferred financing costs include commitment fees and other direct costs related to Main Street’s multi-year revolving credit facility (the “Corporate Facility”) and special purpose vehicle revolving credit facility (the “SPV Facility” and, together with the Corporate Facility, the “Credit Facilities”) and its unsecured notes, as well as the commitment fees and leverage fees (3.4% of the total commitment and draw amounts, as applicable) on the SBIC debentures. See further discussion of Main Street’s debt in Note E — Debt . Deferred financing costs in connection with the Credit Facilities are capitalized as an asset. Deferred financing costs in connection with all other debt arrangements are a direct deduction from the principal amount outstanding. |
Equity Offering Costs | Equity Offering Costs The Company’s offering costs are charged against the proceeds from equity offerings when the proceeds are received. |
Unearned Income—Debt Origination Fees and Original Issue Discount and Discounts / Premiums to Par Value | Unearned Income—Debt Origination Fees and Original Issue Discount and Discounts / Premiums to Par Value Main Street capitalizes debt origination fees received in connection with financings and reflects such fees as unearned income netted against the applicable debt investments. The unearned income from the fees is accreted into income over the life of the financing. In connection with its portfolio debt investments, Main Street sometimes receives nominal cost warrants or warrants with an exercise price below the fair value of the underlying equity (together, “nominal cost equity”) that are valued as part of the negotiation process with the particular portfolio company. When Main Street receives nominal cost equity, it allocates its cost basis in its investment between its debt security and its nominal cost equity at the time of origination based on amounts negotiated with the particular portfolio company. The allocated amounts are based upon the fair value of the nominal cost equity, which is then used to determine the allocation of cost to the debt security. Any discount recorded on a debt investment resulting from this allocation is reflected as unearned income, which is netted against the applicable debt investment, and accreted into interest income over the life of the debt investment. The actual collection of this interest is deferred until the time of debt principal repayment. Main Street may also purchase debt securities at a discount or at a premium to the par value of the debt security. In the case of a purchase at a discount, Main Street records the investment at the par value of the debt security net of the discount, and the discount is accreted into interest income over the life of the debt investment. In the case of a purchase at a premium, Main Street records the investment at the par value of the debt security plus the premium, and the premium is amortized as a reduction to interest income over the life of the debt investment. |
Share-Based Compensation | Share-Based Compensation Main Street accounts for its share-based compensation plans using the fair value method, as prescribed by ASC 718, Compensation — Stock Compensation. Accordingly, for restricted stock awards, Main Street measures the grant date fair value based upon the market price of its common stock on the date of the grant and amortizes the fair value of the awards as share-based compensation expense over the requisite service period, which is generally the vesting term. Main Street recognizes all excess tax benefits and tax deficiencies (including tax benefits of dividends on share-based payment awards) as income tax expense or benefit in the income statement and does not delay recognition of a tax benefit until the tax benefit is realized through a reduction to taxes payable. As such, the tax effects of exercised or vested awards are treated as discrete items in the reporting period in which they occur. Additionally, Main Street has elected to account for forfeitures as they occur. |
Deferred Compensation Plan | Deferred Compensation Plan The Main Street Capital Corporation Deferred Compensation Plan (the “Deferred Compensation Plan”) allows directors and certain employees to defer receipt of some or all of their cash compensation or directors’ fees in accordance with plan terms. Deferred Compensation Plan participants elect one or more investment options, including phantom Main Street stock units, interests in affiliated funds and various mutual funds, where their deferred amounts are notionally invested, and Main Street invests the deferred amounts through a trust (except for phantom Main Street stock units), pending distribution. Compensation deferred under the Deferred Compensation Plan is recognized on the same basis as such compensation would have been recognized if not deferred. The appreciation (depreciation) in the fair value of deferred compensation plan assets is reflected in Main Street's Consolidated Statements of Operations as unrealized appreciation (depreciation), with the recognition of a corresponding and offsetting deferred compensation expense or (benefit), respectively. Deferred compensation expense or (benefit) does not result in a net cash impact to Main Street upon settlement. Investments in the trust are recognized on the Consolidated Balance Sheets as an asset of Main Street (other assets) and as a deferred compensation liability (other liabilities). Phantom Main Street stock units under the Deferred Compensation Plan are not issued shares of Main Street common stock and are not included as outstanding on the Consolidated Statements of Changes in Net Assets until such shares are actually distributed to the participant, but the related phantom stock units are included in weighted-average shares outstanding with the related dollar amount of the deferral included in total expenses in Main Street’s Consolidated Statements of Operations as the deferred fees represented by such phantom stock units are earned over the service period. Additional phantom stock units from dividends on phantom stock units are included in the Consolidated Statements of Changes in Net Assets as an increase to dividends to stockholders offset by a corresponding increase to additional paid-in capital. |
Income Taxes | Income Taxes MSCC has elected to be treated for U.S. federal income tax purposes as a RIC. MSCC’s taxable income includes the taxable income generated by MSCC and certain of its subsidiaries, including the Funds and Structured Subsidiaries, which are treated as disregarded entities for tax purposes. As a RIC, MSCC generally will not pay corporate-level U.S. federal income taxes on any net ordinary taxable income or capital gains that MSCC distributes to its stockholders. MSCC must generally distribute at least 90% of its “investment company taxable income” (which is generally its net ordinary taxable income and realized net short-term capital gains in excess of realized net long-term capital losses) and 90% of its tax-exempt income to maintain its RIC status (pass-through tax treatment for amounts distributed). As part of maintaining RIC status, undistributed taxable income (subject to a 4% non-deductible U.S. federal excise tax) pertaining to a given fiscal year may be distributed up to twelve months subsequent to the end of that fiscal year, provided such dividends are declared on or prior to the later of (i) the filing of the U.S. federal income tax return for the applicable fiscal year or (ii) the fifteenth day of the ninth month following the close of the year in which such taxable income was generated. The Taxable Subsidiaries primarily hold certain equity investments for Main Street. The Taxable Subsidiaries permit Main Street to hold equity investments in portfolio companies which are “pass-through” entities for tax purposes and to continue to comply with the “source-of-income” requirements contained in the RIC tax provisions of the Code. The Taxable Subsidiaries are consolidated with Main Street for U.S. GAAP financial reporting purposes, and the portfolio investments held by the Taxable Subsidiaries are included in Main Street’s consolidated financial statements as portfolio investments and recorded at fair value. The Taxable Subsidiaries are not consolidated with MSCC for income tax purposes and may generate income tax expense, or benefit, and tax assets and liabilities, as a result of their ownership of certain portfolio investments. The taxable income, or loss, of the Taxable Subsidiaries may differ from their book income, or loss, due to temporary book and tax timing differences and permanent differences. The Taxable Subsidiaries are each taxed at corporate income tax rates based on their taxable income. The income tax expense, or benefit, if any, and the related tax assets and liabilities, of the Taxable Subsidiaries are reflected in Main Street’s consolidated financial statements. The External Investment Manager is an indirect wholly-owned subsidiary of MSCC owned through a Taxable Subsidiary and is a disregarded entity for tax purposes. The External Investment Manager has entered into a tax sharing agreement with its Taxable Subsidiary owner. Since the External Investment Manager is accounted for as a portfolio investment of MSCC and is not included as a consolidated subsidiary of MSCC in MSCC’s consolidated financial statements, and as a result of the tax sharing agreement with its Taxable Subsidiary owner, for its stand-alone financial reporting purposes the External Investment Manager is treated as if it is taxed at corporate income tax rates based on its taxable income and, as a result of its activities, may generate income tax expense or benefit. The income tax expense, or benefit, if any, and the related tax assets and liabilities, of the External Investment Manager are reflected in the External Investment Manager’s separate financial statements. The Taxable Subsidiaries and the External Investment Manager use the liability method in accounting for income taxes. Deferred tax assets and liabilities are recorded for temporary differences between the tax basis of assets and liabilities and their reported amounts in the consolidated financial statements, using statutory tax rates in effect for the year in which the temporary differences are expected to reverse. A valuation allowance is provided, if necessary, against deferred tax assets when it is more likely than not that some portion or all of the deferred tax asset will not be realized. Main Street’s net assets as included on the Consolidated Balance Sheets and Consolidated Statements of Changes in Net Assets include an adjustment to classification as a result of permanent book-to-tax differences, which include differences in the book and tax treatment of income and expenses. Taxable income generally differs from net income for financial reporting purposes due to temporary and permanent differences in the recognition of income and expenses. Taxable income generally excludes net unrealized appreciation or depreciation, as investment gains or losses are not included in taxable income until they are realized. |
Net Realized Gains or Losses and Net Unrealized Appreciation or Depreciation | Net Realized Gains or Losses and Net Unrealized Appreciation or Depreciation Realized gains or losses are measured by the difference between the net proceeds from the sale or redemption of an investment or a financial instrument and the cost basis of the investment or financial instrument, without regard to unrealized appreciation or depreciation previously recognized, and includes investments written-off during the period net of recoveries and realized gains or losses from in-kind redemptions. Net unrealized appreciation or depreciation reflects the net change in the fair value of the Investment Portfolio and financial instruments and the reclassification of any prior period unrealized appreciation or depreciation on exited investments and financial instruments to realized gains or losses. |
Fair Value of Financial Instruments | Fair Value of Financial Instruments Fair value estimates are made at discrete points in time based on relevant information. These estimates may be subjective in nature and involve uncertainties and matters of significant judgment and, therefore, cannot be determined with precision. Main Street believes that the carrying amounts of its financial instruments, consisting of cash and cash equivalents, receivables, payables and other liabilities approximate the fair values of such items due to the short-term nature of these instruments. To estimate the fair value of Main Street’s multiple tranches of unsecured debt instruments as disclosed in Note E — Debt |
Earnings per Share | Earnings per Share Basic and diluted per share calculations are computed utilizing the weighted-average number of shares of common stock outstanding for the period. In accordance with ASC 260, Earnings Per Share , the unvested shares of restricted stock awarded pursuant to Main Street’s equity compensation plans are participating securities and, therefore, are included in the basic earnings per share calculation. As a result, for all periods presented, there is no difference between diluted earnings per share and basic earnings per share amounts. |
Recently Issued or Adopted Accounting Standards | Recently Issued or Adopted Accounting Standards In March 2020, the FASB issued ASU 2020-04, Reference rate reform (Topic 848) — Facilitation of the effects of reference rate reform on financial reporting . The amendments in this update provide optional expedients and exceptions for applying U.S. GAAP to certain contracts and hedging relationships that reference LIBOR or another reference rate expected to be discontinued due to reference rate reform and became effective upon issuance for all entities. The Company has agreements that have LIBOR as a reference rate with certain portfolio companies and also with certain lenders. Many of these agreements include language for choosing an alternative successor rate if LIBOR reference is no longer considered to be appropriate. Contract modifications are required to be evaluated in determining whether the modifications result in the establishment of new contracts or the continuation of existing contracts. The Company adopted this amendment in March 2020 and plans to apply the amendments in this update to account for contract modifications due to changes in reference rates when LIBOR reference is no longer used. In November 2022, the FASB issued ASU 2022-06, Reference rate reform (Topic 848) — Deferral of the Sunset Date of Topic 848 , which deferred the sunset date of Topic 848 from December 31, 2022 to December 31, 2024 after which entities will no longer be permitted to apply the relief in Topic 848. The Company utilized the optional expedients and exceptions provided by ASU 2020-04 and extended by ASU 2022-06 during the years ended December 31, 2023 and 2022, the effect of which was not material to the consolidated financial statements and the notes thereto. The Company will continue to utilize the optional expedients provided by ASU 2020-04 and extended by ASU 2022-06 through December 31, 2024. The Company does not expect ASU 2022-06 to have a material impact to the consolidated financial statements and the notes thereto. In June 2022, the FASB issued ASU 2022-03, Fair Value Measurement of Equity Securities Subject to Contractual Sale Restrictions . The amendments in this update provide that a contractual restriction on the sale of an equity security is not considered part of the unit of account of the equity security and, therefore, is not considered in measuring fair value. The amendments in this update also require additional disclosures for equity securities subject to contractual sales restrictions. ASU 2022-03 is effective for years beginning after December 15, 2023, though early adoption is permitted. The Company elected to early adopt ASU 2022-03 as of December 31, 2022 and it did not have a material impact on the consolidated financial statements and the notes thereto. In December 2023, the FASB issued ASU 2023-09, Improvements to Income Tax Disclosures . The amendments in this update require more disaggregated information on income taxes paid. ASU 2023-09 is effective for years beginning after December 15, 2024. Early adoption is permitted, however the Company has not elected to adopt this provision as of the date of the financial statements contained in this report. The Company is still assessing the impact of the new guidance. However, it does not expect ASU 2023-09 to have a material impact on the consolidated financial statements and the notes thereto. From time to time, new accounting pronouncements are issued by the FASB or other standards-setting bodies that are adopted by the Company as of the specified effective date. The Company believes that the impact of recently issued standards and any that are not yet effective will not have a material impact on its consolidated financial statements upon adoption. |
Fair Value Measurement | ASC 820 defines fair value, establishes a framework for measuring fair value, establishes a fair value hierarchy based on the quality of inputs used to measure fair value, and enhances disclosure requirements for fair value measurements. Main Street accounts for its investments at fair value. Fair Value Hierarchy In accordance with ASC 820, Main Street has categorized its investments based on the priority of the inputs to the valuation technique into a three-level fair value hierarchy. The fair value hierarchy gives the highest priority to quoted prices in active markets for identical investments (Level 1) and the lowest priority to unobservable inputs (Level 3). Investments recorded on Main Street’s Consolidated Balance Sheets are categorized based on the inputs to the valuation techniques as follows: Level 1—Investments whose values are based on unadjusted quoted prices for identical assets in an active market that Main Street has the ability to access (examples include investments in active exchange-traded equity securities and investments in most U.S. government and agency securities). Level 2—Investments whose values are based on quoted prices in markets that are not active or model inputs that are observable either directly or indirectly for substantially the full term of the investment. Level 2 inputs include the following: • Quoted prices for similar assets in active markets (for example, investments in restricted stock); • Quoted prices for identical or similar assets in non-active markets (for example, investments in thinly traded public companies); • Pricing models whose inputs are observable for substantially the full term of the investment (for example, market interest rate indices); and • Pricing models whose inputs are derived principally from, or corroborated by, observable market data through correlation or other means for substantially the full term of the investment. Level 3—Investments whose values are based on prices or valuation techniques that require inputs that are both unobservable and significant to the overall fair value measurement (for example, investments in illiquid securities issued by privately held companies). These inputs reflect management’s own assumptions about the assumptions a market participant would use in pricing the investment. As required by ASC 820, when the inputs used to measure fair value fall within different levels of the hierarchy, the level within which the fair value measurement is categorized is based on the lowest level input that is significant to the fair value measurement in its entirety. For example, a Level 3 fair value measurement may include inputs that are observable (Levels 1 and 2) and unobservable (Level 3). Therefore, unrealized appreciation and depreciation related to such investments categorized within the Level 3 tables below may include changes in fair value that are attributable to both observable inputs (Levels 1 and 2) and unobservable inputs (Level 3). As of December 31, 2023 and 2022, all of Main Street’s LMM portfolio investments consisted of illiquid securities issued by privately held companies and the fair value determination for these investments primarily consisted of unobservable inputs. As a result, all of Main Street’s LMM portfolio investments were categorized as Level 3 as of December 31, 2023 and 2022. As of December 31, 2023 and 2022, Main Street’s Private Loan portfolio investments primarily consisted of investments in secured debt investments. The fair value determination for these investments consisted of a combination of observable inputs in non-active markets for which sufficient observable inputs were not available to determine the fair value of these investments and unobservable inputs. As a result, all of Main Street’s Private Loan portfolio investments were categorized as Level 3 as of December 31, 2023 and 2022. As of December 31, 2023 and 2022, Main Street’s Middle Market portfolio investments consisted primarily of investments in secured and unsecured debt investments and independently rated debt investments. The fair value determination for these investments consisted of a combination of observable inputs in non-active markets for which sufficient observable inputs were not available to determine the fair value of these investments and unobservable inputs. As a result, all of Main Street’s Middle Market portfolio investments were categorized as Level 3 as of December 31, 2023 and 2022. As of December 31, 2023 and 2022, Main Street’s Other Portfolio investments consisted of illiquid securities issued by privately held entities and the fair value determination for these investments primarily consisted of unobservable inputs. As a result, all of Main Street’s Other Portfolio investments were categorized as Level 3 as of December 31, 2023 and 2022. As of December 31, 2023, Main Street held no short-term portfolio investments. As of December 31, 2022, Main Street held one short-term portfolio investment, which was a secured debt investment. The fair value determination for this investment consisted of available observable inputs in non-active markets sufficient to determine the fair value of the investment. As a result, Main Street’s short-term portfolio investment was categorized as Level 2 as of December 31, 2022. As of December 31, 2023, all money market funds included in cash and cash equivalents were valued using Level 1 inputs . The fair value determination of each portfolio investment categorized as Level 3 required one or more of the following unobservable inputs: • Financial information obtained from each portfolio company, including unaudited statements of operations and balance sheets for the most recent period available as compared to budgeted numbers; • Current and projected financial condition of the portfolio company; • Current and projected ability of the portfolio company to service its debt obligations; • Type and amount of collateral, if any, underlying the investment; • Current financial ratios (e.g., fixed charge coverage ratio, interest coverage ratio and net debt/EBITDA ratio) applicable to the investment; • Current liquidity of the investment and related financial ratios (e.g., current ratio and quick ratio); • Pending debt or capital restructuring of the portfolio company; • Projected operating results of the portfolio company; • Current information regarding any offers to purchase the investment; • Current ability of the portfolio company to raise any additional financing as needed; • Changes in the economic environment which may have a material impact on the operating results of the portfolio company; • Internal occurrences that may have an impact (both positive and negative) on the operating performance of the portfolio company; • Qualitative assessment of key management; • Contractual rights, obligations or restrictions associated with the investment; and • Other factors deemed relevant. The use of significant unobservable inputs creates uncertainty in the measurement of fair value as of the reporting date. The significant unobservable inputs used in the fair value measurement of Main Street’s LMM equity securities, which are generally valued through an average of the discounted cash flow technique and the market comparable/enterprise value technique (unless one of these approaches is determined to not be appropriate), are (i) EBITDA multiples and (ii) the weighted-average cost of capital (“WACC”). Significant increases (decreases) in EBITDA multiple inputs in isolation would result in a significantly higher (lower) fair value measurement. On the contrary, significant increases (decreases) in WACC inputs in isolation would result in a significantly lower (higher) fair value measurement. The significant unobservable inputs used in the fair value measurement of Main Street’s LMM, Private Loan and Middle Market securities are (i) risk adjusted discount rates used in the Yield-to-Maturity valuation technique (see Note B.1. — Summary of Significant Accounting Policies — Valuation of the Investment Portfolio |
SUMMARY OF SIGNIFICANT ACCOUN_3
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables) | 12 Months Ended |
Dec. 31, 2023 | |
Accounting Policies [Abstract] | |
Schedule of Investment Income | A presentation of total investment income Main Street received from its Investment Portfolio in each of the periods presented is as follows: Year Ended December 31, 2023 2022 2021 (dollars in thousands) Interest, fee and dividend income: Interest income $ 390,737 $ 284,746 $ 193,667 Dividend income 94,796 76,375 81,153 Fee income 14,852 15,739 14,227 Total interest, fee and dividend income $ 500,385 $ 376,860 $ 289,047 |
FAIR VALUE HIERARCHY FOR INVE_2
FAIR VALUE HIERARCHY FOR INVESTMENTS—PORTFOLIO COMPOSITION (Tables) | 12 Months Ended |
Dec. 31, 2023 | |
Fair Value Disclosures [Abstract] | |
Schedule of Fair Value Measurement Inputs and Valuation Techniques | The following tables provide a summary of the significant unobservable inputs used to fair value Main Street’s Level 3 portfolio investments as of December 31, 2023 and 2022: Type of Fair Value as of December 31, 2023 (in thousands) Valuation Technique Significant Unobservable Inputs Range (4) Weighted Average (4) Median (4) Equity investments $ 1,402,354 Discounted cash flow WACC 9.7% - 22.7% 14.5 % 15.5 % Market comparable / Enterprise value EBITDA multiple (1) (3) 4.8x - 8.9x (2) 7.1x 6.4x Debt investments $ 2,720,425 Discounted cash flow Risk adjusted discount factor (5) 9.8% - 18.0% (2) 12.9 % 13.0 % Expected principal recovery percentage 0.0% - 100.0% 99.7 % 100.0 % Debt investments $ 163,492 Market approach Third-party quote 3.0 - 100.0 89.8 92.4 Total Level 3 investments $ 4,286,271 ______________________ (1) EBITDA may include proforma adjustments and/or other addbacks based on specific circumstances related to each investment. (2) Range excludes outliers that are greater than one standard deviation from the mean. Including these outliers, the range for EBITDA multiple is 2.0x - 15.7x and the range for risk adjusted discount factor is 7.0% - 31.6%. (3) The fair value of the equity investment in the External Investment Manager is based on a fee multiple of 7.2x. The fair value determination is based on a discounted, blended multiple based on the multiples for similar businesses in active markets and actual multiples used in private transactions. (4) Does not include investments for which the valuation technique does not include the use of the applicable fair value input. (5) Discount rate includes the effect of the standard SOFR base rate, as applicable. Type of Investment Fair Value as of December 31, 2022 (in thousands) Valuation Technique Significant Unobservable Inputs Range (4) Weighted Average (4) Median (4) Equity investments $ 1,172,077 Discounted cash flow WACC 9.4% - 22.5% 14.5 % 15.4 % Market comparable / Enterprise value EBITDA multiple (1) (3) 4.3x - 8.3x (2) 6.7x 6.0x Debt investments $ 2,663,958 Discounted cash flow Risk adjusted discount factor (5) 8.5% - 18.8%(2) 12.2 % 12.4 % Expected principal recovery percentage 0.0% - 100.0% 99.4 % 100.0 % Debt investments $ 264,238 Market approach Third-party quote 5.6 - 98.5 87.0 91.4 Total Level 3 investments $ 4,100,273 ______________________ (1) EBITDA may include proforma adjustments and/or other addbacks based on specific circumstances related to each investment. (2) Range excludes outliers that are greater than one standard deviation from the mean. Including these outliers, the range for EBITDA multiple is 2.0x - 15.7x and the range for risk adjusted discount factor is 6.5% - 43.3%. (3) The fair value of the equity investment in the External Investment Manager is based on a fee multiple of 6.1x. The fair value determination is based on a discounted, blended multiple based on the multiples for similar businesses in active markets and actual multiples used in private transactions. (4) Does not include investments for which the valuation technique does not include the use of the applicable fair value input. (5) Discount rate includes the effect of the standard LIBOR and SOFR base rate, as applicable. |
Schedule of Changes in Fair Value of Main Street’s Level 3 Portfolio Investments | The following tables provide a summary of changes in fair value of Main Street’s Level 3 portfolio investments for the years ended December 31, 2023 and 2022 (amounts in thousands): Type of Investment Fair Value as of December 31, 2022 Transfers Into Level 3 Hierarchy Redemptions/ Repayments New Investments Net Changes from Unrealized to Realized Net Unrealized Appreciation (Depreciation) Other(1) Fair Value as of December 31, 2023 Debt $ 2,928,196 $ — $ (891,359) $ 800,838 $ 114,759 $ (24,629) $ (43,888) $ 2,883,917 Equity 1,166,643 — (46,829) 89,950 3,028 136,570 46,382 1,395,744 Equity Warrant 5,434 — (425) 2,091 425 1,661 (2,576) 6,610 $ 4,100,273 $ — $ (938,613) $ 892,879 $ 118,212 $ 113,602 $ (82) $ 4,286,271 ______________________ (1) Includes the impact of non-cash conversions. These transactions represent non-cash investing activities. See additional cash flow information in the Consolidated Statements of Cash Flows. Type of Investment Fair Value as of December 31, 2021 Transfers Into Level 3 Hierarchy Redemptions/ Repayments New Investments Net Changes from Unrealized to Realized Net Unrealized Appreciation (Depreciation) Other(1) Fair Value as of December 31, 2022 Debt $ 2,509,568 $ — $ (590,740) $ 1,085,808 $ 19,674 $ (89,178) $ (6,936) $ 2,928,196 Equity 1,043,709 — (55,197) 74,274 (12,234) 109,154 6,936 1,166,643 Equity Warrant 6,560 — (655) 1,036 (1,834) 327 — 5,434 $ 3,559,837 $ — $ (646,592) $ 1,161,118 $ 5,606 $ 20,303 $ — $ 4,100,273 ______________________ (1) Includes the impact of non-cash conversions. These transactions represent non-cash investing activities. See additional cash flow information in the Consolidated Statements of Cash Flows. |
Schedule of Portfolio Investments by Level in the Fair Value Hierarchy | At December 31, 2023 and 2022, Main Street’s investments at fair value were categorized as follows in the fair value hierarchy for ASC 820 purposes: Fair Value Measurements (in thousands) At December 31, 2023 Fair Value Quoted Prices in Significant Other Significant LMM portfolio investments $ 2,273,000 $ — $ — $ 2,273,000 Private Loan portfolio investments 1,453,549 — — 1,453,549 Middle Market portfolio investments 243,695 — — 243,695 Other Portfolio investments 141,964 — — 141,964 External Investment Manager 174,063 — — 174,063 Total investments $ 4,286,271 $ — $ — $ 4,286,271 Fair Value Measurements (in thousands) At December 31, 2022 Fair Value Quoted Prices in Significant Other Significant LMM portfolio investments $ 2,060,459 $ — $ — $ 2,060,459 Private Loan portfolio investments 1,471,466 — — 1,471,466 Middle Market portfolio investments 329,119 — — 329,119 Other Portfolio investments 116,299 — — 116,299 External Investment Manager 122,930 — — 122,930 Short-term portfolio investments 1,904 — 1,904 — Total investments $ 4,102,177 $ — $ 1,904 $ 4,100,273 |
Schedule Investment Holdings | The following tables provide a summary of Main Street’s investments in the LMM, Private Loan and Middle Market portfolios as of December 31, 2023 and 2022 (this information excludes Other Portfolio investments, short-term portfolio investments and the External Investment Manager, which are discussed further below): As of December 31, 2023 LMM (a) Private Loan Middle Market (dollars in millions) Number of portfolio companies 80 87 23 Fair value $ 2,273.0 $ 1,453.5 $ 243.7 Cost $ 1,782.9 $ 1,470.1 $ 294.4 Debt investments as a % of portfolio (at cost) 72.0 % 94.7 % 91.4 % Equity investments as a % of portfolio (at cost) 28.0 % 5.3 % 8.6 % % of debt investments at cost secured by first priority lien 99.2 % 100.0 % 99.1 % Weighted-average annual effective yield (b) 13.0 % 12.9 % 12.5 % Average EBITDA (c) $ 8.2 $ 27.2 $ 64.2 ______________________ (a) At December 31, 2023, Main Street had equity ownership in all of its LMM portfolio companies, and the average fully diluted equity ownership in those portfolio companies was 40%. (b) The weighted-average annual effective yields were computed using the effective interest rates for all debt investments at cost as of December 31, 2023, including amortization of deferred debt origination fees and accretion of original issue discount but excluding fees payable upon repayment of the debt instruments and any debt investments on non-accrual status. The weighted-average annual effective yield on Main Street’s debt portfolio as of December 31, 2023 including debt investments on non-accrual status was 12.9% for its LMM portfolio, 12.5% for its Private Loan portfolio and 10.8% for its Middle Market portfolio. The weighted-average annual effective yield is not reflective of what an investor in shares of Main Street’s common stock will realize on its investment because it does not reflect changes in the market value of Main Street’s stock, Main Street’s utilization of debt capital in its capital structure, Main Street’s expenses or any sales load paid by an investor. (c) The average EBITDA is calculated using a simple average for the LMM portfolio and a weighted-average for the Private Loan and Middle Market portfolios. These calculations exclude certain portfolio companies, including two LMM portfolio companies and two Private Loan portfolio companies, as EBITDA is not a meaningful valuation metric for Main Street’s investments in these portfolio companies, and those portfolio companies whose primary purpose is to own real estate. As of December 31, 2022 LMM (a) Private Loan Middle Market (dollars in millions) Number of portfolio companies 78 85 31 Fair value $ 2,060.5 $ 1,471.5 $ 329.1 Cost $ 1,719.9 $ 1,500.3 $ 401.7 Debt investments as a % of portfolio (at cost) 73.7 % 97.1 % 93.8 % Equity investments as a % of portfolio (at cost) 26.3 % 2.9 % 6.2 % % of debt investments at cost secured by first priority lien 99.1 % 99.6 % 98.8 % Weighted-average annual effective yield (b) 12.3 % 11.6 % 11.0 % Average EBITDA (c) $ 8.0 $ 38.1 $ 68.7 ______________________ (a) At December 31, 2022, Main Street had equity ownership in all of its LMM portfolio companies, and the average fully diluted equity ownership in those portfolio companies was 41%. (b) The weighted-average annual effective yields were computed using the effective interest rates for all debt investments at cost as of December 31, 2022, including amortization of deferred debt origination fees and accretion of original issue discount but excluding fees payable upon repayment of the debt instruments and any debt investments on non-accrual status. The weighted-average annual effective yield on Main Street’s debt portfolio as of December 31, 2022 including debt investments on non-accrual status was 11.6% for its LMM portfolio, 11.2% for its Private Loan portfolio and 10.3% for its Middle Market portfolio. The weighted-average annual effective yield is not reflective of what an investor in shares of Main Street’s common stock will realize on its investment because it does not reflect changes in the market value of Main Street’s stock, Main Street’s utilization of debt capital in its capital structure, Main Street’s expenses or any sales load paid by an investor. (c) The average EBITDA is calculated using a simple average for the LMM portfolio and a weighted-average for the Private Loan and Middle Market portfolios. These calculations exclude certain portfolio companies, including three LMM portfolio companies and two Private Loan portfolio companies, as EBITDA is not a meaningful valuation metric for Main Street’s investments in these portfolio companies, and those portfolio companies whose primary purpose is to own real estate. The following tables summarize the composition of Main Street’s total combined LMM, Private Loan and Middle Market portfolio investments at cost and fair value by type of investment as a percentage of the total combined LMM, Private Loan and Middle Market portfolio investments, as of December 31, 2023 and 2022 (this information excludes Other Portfolio investments, short-term portfolio investments and the External Investment Manager, which are discussed above). Cost: December 31, 2023 December 31, 2022 First lien debt 82.7 % 85.0 % Equity 16.8 14.2 Second lien debt 0.1 0.3 Equity warrants 0.2 0.2 Other 0.2 0.3 100.0 % 100.0 % Fair Value: December 31, 2023 December 31, 2022 First lien debt 71.6 % 75.2 % Equity 27.8 24.1 Second lien debt 0.2 0.3 Equity warrants 0.2 0.1 Other 0.2 0.3 100.0 % 100.0 % The following tables summarize the composition of Main Street’s total combined LMM, Private Loan and Middle Market portfolio investments by geographic region of the United States and other countries at cost and fair value as a percentage of the total combined LMM, Private Loan and Middle Market portfolio investments, as of December 31, 2023 and 2022 (this information excludes Other Portfolio investments, short-term portfolio investments and the External Investment Manager). The geographic composition is determined by the location of the corporate headquarters of the portfolio company. Cost: December 31, 2023 December 31, 2022 West 25.8 % 28.5 % Northeast 22.3 19.0 Southwest 19.7 20.1 Midwest 17.0 16.3 Southeast 13.1 14.0 Canada 0.4 0.6 Other Non-United States 1.7 1.5 100.0 % 100.0 % Fair Value: December 31, 2023 December 31, 2022 West 25.4 % 28.7 % Southwest 22.0 21.4 Northeast 21.3 18.8 Midwest 18.1 16.6 Southeast 11.3 12.4 Canada 0.3 0.6 Other Non-United States 1.6 1.5 100.0 % 100.0 % Main Street’s LMM, Private Loan and Middle Market portfolio investments are in companies conducting business in a variety of industries. The following tables summarize the composition of Main Street’s total combined LMM, Private Loan and Middle Market portfolio investments by industry at cost and fair value as of December 31, 2023 and 2022 (this information excludes Other Portfolio investments, short-term portfolio investments and the External Investment Manager). Cost: December 31, 2023 December 31, 2022 Machinery 7.7 % 7.4 % Internet Software & Services 7.6 8.0 Professional Services 6.0 4.2 Health Care Providers & Services 5.4 4.7 IT Services 5.0 3.3 Construction & Engineering 4.9 5.8 Diversified Consumer Services 4.9 4.5 Commercial Services & Supplies 4.5 6.7 Distributors 4.3 5.1 Containers & Packaging 3.8 2.6 Textiles, Apparel & Luxury Goods 3.2 1.9 Leisure Equipment & Products 3.1 4.5 Tobacco 3.1 3.1 Aerospace & Defense 2.9 2.3 Energy Equipment & Services 2.7 3.7 Computers & Peripherals 2.7 2.2 Media 2.4 2.4 Specialty Retail 2.1 3.2 Software 2.0 1.9 Building Products 1.7 1.9 Diversified Financial Services 1.7 1.5 Electrical Equipment 1.6 1.0 Auto Components 1.6 1.7 Food Products 1.6 1.6 Food & Staples Retailing 1.6 1.2 Electronic Equipment, Instruments & Components 1.5 1.6 Internet & Catalog Retail 1.3 1.3 Health Care Equipment & Supplies 1.3 1.3 Communications Equipment 1.2 1.8 Hotels, Restaurants & Leisure 1.1 1.1 Chemicals 1.0 1.1 Household Products 1.0 0.4 Diversified Telecommunication Services 0.3 1.9 Other (1) 3.2 3.1 100.0 % 100.0 % ______________________ (1) Includes various industries with each industry individually less than 1.0% of the total combined LMM, Private Loan and Middle Market portfolio investments at each date. Fair Value: December 31, 2023 December 31, 2022 Machinery 8.8 % 8.4 % Diversified Consumer Services 7.1 6.8 Professional Services 6.5 3.8 Internet Software & Services 6.2 6.8 Construction & Engineering 5.1 5.7 Health Care Providers & Services 5.0 4.3 IT Services 4.6 3.1 Distributors 4.5 5.5 Computers & Peripherals 4.4 3.0 Commercial Services & Supplies 3.9 6.1 Containers & Packaging 3.9 2.8 Tobacco 3.2 3.4 Specialty Retail 2.7 3.5 Media 2.7 3.0 Aerospace & Defense 2.7 2.2 Textiles, Apparel & Luxury Goods 2.6 1.8 Energy Equipment & Services 2.5 2.7 Leisure Equipment & Products 2.5 4.0 Software 2.1 2.1 Electrical Equipment 1.7 1.0 Diversified Financial Services 1.6 1.7 Food Products 1.5 1.8 Building Products 1.5 1.9 Auto Components 1.5 1.6 Internet & Catalog Retail 1.2 1.3 Food & Staples Retailing 1.2 1.1 Air Freight & Logistics 1.1 0.9 Construction Materials 1.0 1.0 Health Care Equipment & Supplies 1.0 1.0 Chemicals 0.9 1.1 Diversified Telecommunication Services 0.2 1.8 Other (1) 4.6 4.8 100.0 % 100.0 % ______________________ (1) Includes various industries with each industry individually less than 1.0% of the total combined LMM, Private Loan and Middle Market portfolio investments at each date. |
EXTERNAL INVESTMENT MANAGER (Ta
EXTERNAL INVESTMENT MANAGER (Tables) | 12 Months Ended |
Dec. 31, 2023 | |
Investments, All Other Investments [Abstract] | |
Schedule of Information From External Investment Manager | Summarized financial information from the separate financial statements of the External Investment Manager as of December 31, 2023 and 2022 and for the years ended December 31, 2023, 2022 and 2021 is as follows: As of December 31, 2023 As of December 31, 2022 (dollars in thousands) Accounts receivable - advisory clients $ 10,777 $ 8,130 Intangible Asset 29,500 29,500 Total assets $ 40,277 $ 37,630 Accounts payable to MSCC and its subsidiaries $ 7,551 $ 4,455 Dividend payable to MSCC and its subsidiaries 3,226 3,675 Equity 29,500 29,500 Total liabilities and equity $ 40,277 $ 37,630 Year Ended 2023 2022 2021 (dollars in thousands) Management fee income $ 22,424 $ 21,776 $ 17,665 Incentive fees 13,442 2,516 622 Administrative services fees 608 605 — Total revenues 36,474 24,897 18,287 Expenses allocated from MSCC or its subsidiaries: Salaries, share-based compensation and other personnel costs (18,794) (10,129) (8,417) Other G&A expenses (3,256) (2,835) (1,860) Total allocated expenses (22,050) (12,964) (10,277) Other direct G&A expenses (260) — — Total expenses (22,310) (12,964) (10,277) Pre-tax income 14,164 11,933 8,010 Tax expense (2,855) (2,636) (1,795) Net income $ 11,309 $ 9,297 $ 6,215 |
DEBT (Tables)
DEBT (Tables) | 12 Months Ended |
Dec. 31, 2023 | |
Debt Disclosure [Abstract] | |
Schedule of Debt | Summary of Mains Street’s debt as of December 31, 2023 is as follows: Outstanding Unamortized Debt Issuance (Costs)/Premiums (1) Recorded Value Estimated Fair Value (2) (dollars in thousands) Corporate Facility $ 200,000 $ — $ 200,000 $ 200,000 SPV Facility 160,000 — 160,000 160,000 July 2026 Notes 500,000 (1,338) 498,662 458,105 May 2024 Notes 450,000 182 450,182 447,246 SBIC Debentures 350,000 (5,465) 344,535 288,468 December 2025 Notes 150,000 (1,035) 148,965 151,155 Total Debt $ 1,810,000 $ (7,656) $ 1,802,344 $ 1,704,974 ___________________________ (1) The unamortized debt issuance costs for the Credit Facilities are reflected as Deferred financing costs on the Consolidated Balance Sheets, while the deferred debt issuance costs related to the July 2026 Notes, May 2024 Notes, SBIC Debentures and December 2025 Notes are reflected as contra-liabilities on the Consolidated Balance Sheets. (2) Estimated fair value for outstanding debt if Main Street had adopted the fair value option under ASC 825. See discussion of the methods used to estimate the fair value of Main Street’s debt in Note B.12. — Summary of Significant Accounting Policies — Fair Value of Financial Instruments . Summary of Main Street’s debt as of December 31, 2022 is as follows: Outstanding Unamortized Debt Issuance (Costs)/Premiums (1) Recorded Value Estimated Fair Value (2) (dollars in thousands) Corporate Facility $ 407,000 $ — $ 407,000 $ 407,000 SPV Facility 200,000 — 200,000 200,000 July 2026 Notes 500,000 (1,864) 498,136 434,250 May 2024 Notes 450,000 727 450,727 444,749 SBIC Debentures 350,000 (6,086) 343,914 290,204 December 2025 Notes 100,000 (675) 99,325 106,607 Total Debt $ 2,007,000 $ (7,898) $ 1,999,102 $ 1,882,810 ___________________________ (1) The unamortized debt issuance costs for the Credit Facilities are reflected as Deferred financing costs on the Consolidated Balance Sheets, while the deferred debt issuance costs related to the July 2026 Notes, May 2024 Notes, SBIC Debentures and December 2025 Notes are reflected as contra-liabilities on the Consolidated Balance Sheets. (2) Estimated fair value for outstanding debt if Main Street had adopted the fair value option under ASC 825. See discussion of the methods used to estimate the fair value of Main Street’s debt in Note B.12. — Summary of Significant Accounting Policies — Fair Value of Financial Instruments . |
Schedule of Interest Expense | Summarized interest expense for the years ended December 31, 2023, 2022 and 2021 is as follows: Year Ended December 31, 2023 2022 2021 (dollars in thousands) Corporate Facility $ 26,605 $ 18,820 $ 5,204 SPV Facility 14,491 1,375 — July 2026 Notes 15,526 15,526 10,988 May 2024 Notes 22,855 22,855 22,855 SBIC Debentures 11,394 11,337 10,857 December 2025 Notes 11,704 174 — December 2022 Notes — 8,189 8,932 Total Interest Expense $ 102,575 $ 78,276 $ 58,836 |
Schedule of Condensed Balance Sheet and Statement of Operations of MSCC Funding | MSCC Funding’s balance sheets as of December 31, 2023 and 2022 are as follows: Balance Sheets (dollars in thousands) December 31, 2023 December 31, 2022 ASSETS Investments at fair value: Non-Control Investments (cost: $315,373 and $314,752 as of December 31, 2023 and 2022, respectively) $ 317,392 $ 316,507 Cash and cash equivalents 12,817 10,838 Interest and dividend receivable and other assets 2,956 2,828 Accounts receivable to MSCC and its subsidiaries — 556 Receivable for securities sold — 369 Deferred financing costs (net of accumulated amortization of $783 and $141 as of December 31, 2023 and 2022, respectively) 3,829 2,630 Total assets $ 336,994 $ 333,728 LIABILITIES SPV Facility $ 160,000 $ 200,000 Accounts payable and other liabilities 7,170 112 Interest payable 1,135 1,272 Total liabilities 168,305 201,384 NET ASSETS Contributed capital 138,163 126,010 Total undistributed earnings 30,526 6,334 Total net assets 168,689 132,344 Total liabilities and net assets $ 336,994 $ 333,728 MSCC Funding’s statements of operations for the year ended December 31, 2023 and the period from November 22, 2022 to December 31, 2022 are as follows: Statements of Operations (dollars in thousands) Year Ended December 31, Period from November 22, 2022 to December 31, 2023 2022 INVESTMENT INCOME: Interest, fee and dividend income: Non‑Control/Non‑Affiliate investments $ 40,152 $ 3,454 Total investment income 40,152 3,454 EXPENSES: Interest (14,491) (1,414) Management Fee to MSCC (1,603) (89) General and administrative (130) (25) Total expenses (16,224) (1,528) NET INVESTMENT INCOME 23,928 1,926 NET UNREALIZED APPRECIATION (DEPRECIATION): Non‑Control/Non‑Affiliate investments 264 4,408 Total net unrealized appreciation (depreciation) 264 4,408 NET INCREASE IN NET ASSETS RESULTING FROM OPERATIONS $ 24,192 $ 6,334 |
Schedule of Maturity Dates and Fixed Interest Rates | The maturity dates and fixed interest rates for Main Street’s SBIC debentures as of December 31, 2023 and 2022 are summarized as follows: Maturity Date Fixed Interest Rate Principal Balance December 31, December 31, 3/1/2023 3.16% $ — $ 16,000,000 3/1/2024 3.95% 39,000,000 39,000,000 3/1/2024 3.55% 24,800,000 24,800,000 3/1/2027 3.52% 40,400,000 40,400,000 9/1/2027 3.19% 34,600,000 34,600,000 3/1/2028 3.41% 43,000,000 43,000,000 9/1/2028 3.55% 32,000,000 32,000,000 3/1/2030 2.35% 15,000,000 15,000,000 9/1/2030 1.13% 10,000,000 10,000,000 9/1/2030 1.31% 10,000,000 10,000,000 3/1/2031 1.94% 25,200,000 25,200,000 9/1/2031 1.58% 60,000,000 60,000,000 9/1/2033 5.74% 16,000,000 — Ending Balance $ 350,000,000 $ 350,000,000 |
Schedule of Contractual Payment Obligations | A summary of Main Street’s contractual payment obligations for the repayment of outstanding indebtedness at December 31, 2023 is as follows: 2024 2025 2026 2027 2028 Thereafter Total (dollars in thousands) Corporate Facility $ — $ — $ — $ 200,000 $ — $ — $ 200,000 SPV Facility — — — 160,000 — — 160,000 July 2026 Notes — — 500,000 — — — 500,000 May 2024 Notes 450,000 — — — — — 450,000 SBIC debentures 63,800 — — 75,000 75,000 136,200 350,000 December 2025 Notes — 150,000 — — — — 150,000 Total $ 513,800 $ 150,000 $ 500,000 $ 435,000 $ 75,000 $ 136,200 $ 1,810,000 |
FINANCIAL HIGHLIGHTS (Tables)
FINANCIAL HIGHLIGHTS (Tables) | 12 Months Ended |
Dec. 31, 2023 | |
Investment Company [Abstract] | |
Schedule of Financial Highlights | The following is a schedule of financial highlights of Main Street for the years ended December 31, 2023, 2022, 2021, 2020, 2019, 2018, 2017, 2016, 2015 and 2014: Year Ended December 31, Per Share Data: 2023 2022 2021 2020 2019 NAV at the beginning of the period $ 26.86 $ 25.29 $ 22.35 $ 23.91 $ 24.09 Net investment income (1) 4.14 3.29 2.65 2.10 2.50 Net realized gain (loss) (1)(2) (1.47) (0.07) 0.66 (1.77) (0.33) Net unrealized appreciation (depreciation) (1)(2) 2.84 0.33 1.97 (0.09) (0.09) Income tax benefit (provision) (1)(2) (0.28) (0.31) (0.48) 0.21 (0.02) Net increase in net assets resulting from operations (1) 5.23 3.24 4.80 0.45 2.06 Dividends paid from net investment income (3.70) (2.95) (2.58) (2.46) (2.91) Dividends paid (3.70) (2.95) (2.58) (2.46) (2.91) Impact of the net change in monthly dividends declared prior to the end of the period and paid in the subsequent period (0.01) (0.01) (0.01) — (0.01) Accretive effect of stock offerings (issuing shares above NAV per share) 0.67 1.17 0.58 0.41 0.55 Accretive effect of DRIP issuance (issuing shares above NAV per share) 0.10 0.09 0.09 0.08 0.12 Other (3) 0.05 0.03 0.06 (0.04) 0.01 NAV at the end of the period $ 29.20 $ 26.86 $ 25.29 $ 22.35 $ 23.91 Market value at the end of the period $ 43.23 $ 36.95 $ 44.86 $ 32.26 $ 43.11 Shares outstanding at the end of the period 84,833,002 78,506,816 70,737,021 67,762,032 64,252,937 Year Ended December 31, Per Share Data: 2018 2017 2016 2015 2014 NAV at the beginning of the period $ 23.53 $ 22.10 $ 21.24 $ 20.85 $ 19.89 Net investment income (1) 2.60 2.39 2.23 2.18 2.20 Net realized gain (loss) (1)(2) (0.03) 0.19 0.56 (0.43) 0.53 Net unrealized appreciation (depreciation) (1)(2) 0.32 0.86 (0.14) 0.20 (0.27) Income tax benefit (provision) (1)(2) (0.09) (0.43) 0.02 0.18 (0.15) Net increase in net assets resulting from operations (1) 2.80 3.01 2.67 2.13 2.31 Dividends paid from net investment income (2.69) (2.47) (1.99) (2.49) (2.17) Distributions from capital gains (0.16) (0.32) (0.74) (0.16) (0.38) Dividends paid (2.85) (2.79) (2.73) (2.65) (2.55) Impact of the net change in monthly dividends declared prior to the end of the period and paid in the subsequent period (0.01) (0.01) (0.01) (0.01) (0.01) Accretive effect of stock offerings (issuing shares above NAV per share) 0.47 1.07 0.76 0.74 1.07 Accretive effect of DRIP issuance (issuing shares above NAV per share) 0.09 0.06 0.08 0.12 0.12 Other (3) 0.06 0.09 0.09 0.06 0.02 NAV at the end of the period $ 24.09 $ 23.53 $ 22.10 $ 21.24 $ 20.85 Market value at the end of the period $ 33.81 $ 39.73 $ 36.77 $ 29.08 $ 29.24 Shares outstanding at the end of the period 61,264,861 58,660,680 54,354,857 50,413,744 45,079,150 ___________________________ (1) Based on weighted-average number of common shares outstanding for the period. (2) Net realized gains or losses, net unrealized appreciation or depreciation and income tax provision or benefit can fluctuate significantly from period to period. (3) Includes the impact of the different share amounts as a result of calculating certain per share data based on the weighted-average basic shares outstanding during the period and certain per share data based on the shares outstanding as of a period end or transaction date. Year Ended December 31, 2023 2022 2021 2020 2019 (dollars in thousands) NAV at end of period $ 2,477,399 $ 2,108,586 $ 1,788,846 $ 1,514,767 $ 1,536,390 Average NAV $ 2,276,932 $ 1,923,134 $ 1,626,585 $ 1,436,291 $ 1,517,615 Average outstanding debt $ 1,951,923 $ 1,882,462 $ 1,417,831 $ 1,152,108 $ 1,055,800 Ratio of total expenses, including income tax expense, to average NAV (1) 8.08 % 8.05 % 8.56 % 4.95 % 5.75 % Ratio of operating expenses to average NAV (2) 7.09 % 6.84 % 6.54 % 5.89 % 5.67 % Ratio of operating expenses, excluding interest expense, to average NAV (2) 2.58 % 2.77 % 2.92 % 2.44 % 2.36 % Ratio of net investment income to average NAV 14.89 % 12.76 % 11.23 % 9.60 % 10.37 % Portfolio turnover ratio 19.24 % 16.79 % 29.81 % 18.00 % 18.86 % Total investment return (3) 28.23 % (11.18) % 48.24 % (19.11) % 36.86 % Total return based on change in NAV (4) 20.32 % 13.51 % 21.84 % 1.91 % 8.78 % Year Ended December 31, 2018 2017 2016 2015 2014 (dollars in thousands) NAV at end of period $ 1,476,049 $ 1,380,368 $ 1,201,481 $ 1,070,894 $ 939,982 Average NAV $ 1,441,163 $ 1,287,639 $ 1,118,567 $ 1,053,313 $ 885,568 Average outstanding debt $ 947,694 $ 843,993 $ 801,048 $ 759,396 $ 575,524 Ratio of total expenses, including income tax expense, to average NAV (1) 5.75 % 7.37 % 5.48 % 4.63 % 5.82 % Ratio of operating expenses to average NAV (2) 5.32 % 5.47 % 5.59 % 5.45 % 5.11 % Ratio of operating expenses, excluding interest expense, to average NAV (2) 2.30 % 2.63 % 2.58 % 2.41 % 2.44 % Ratio of net investment income to average NAV 10.87 % 10.51 % 10.35 % 10.15 % 10.79 % Portfolio turnover ratio 29.13 % 38.18 % 24.63 % 25.37 % 35.71 % Total investment return (3) (8.25) % 16.02 % 37.36 % 8.49 % (3.09) % Total return based on change in NAV (4) 12.19 % 14.20 % 12.97 % 11.11 % 12.71 % ___________________________ (1) Total expenses are the sum of operating expenses and net income tax provision or benefit. Net income tax provision or benefit includes the accrual of net deferred tax provision or benefit relating to the net unrealized appreciation or depreciation on portfolio investments held in Taxable Subsidiaries and due to the change in the loss and interest expense carryforwards, which are non-cash in nature and may vary significantly from period to period. Main Street is required to include net deferred tax provision or benefit in calculating its total expenses even though these net deferred taxes are not currently payable or receivable. (2) Unless otherwise noted, operating expenses include interest, compensation, general and administrative and share-based compensation expenses, net of expenses allocated to the External Investment Manager of $22.1 million, $13.0 million, $10.3 million, $7.4 million, $6.7 million, $6.8 million, $6.4 million, $5.1 million, $4.3 million and $2.0 million for the years ended December 31, 2023, 2022, 2021, 2020, 2019, 2018, 2017, 2016, 2015 and 2014, respectively. (3) Total investment return is based on the purchase of stock at the current market price on the first day and a sale at the current market price on the last day of each period reported on the table and assumes reinvestment of dividends at prices obtained by Main Street’s dividend reinvestment plan during the period. The return does not reflect any sales load that may be paid by an investor. (4) Total return based on change in NAV was calculated using the sum of ending NAV plus dividends to stockholders and other non-operating changes during the period, divided by the beginning NAV. Non-operating changes include any items that affect NAV other than the net increase in net assets resulting from operations, such as the effects of stock offerings, shares issued under the DRIP and equity incentive plans and other miscellaneous items. |
DIVIDENDS, DISTRIBUTIONS AND _2
DIVIDENDS, DISTRIBUTIONS AND TAXABLE INCOME (Tables) | 12 Months Ended |
Dec. 31, 2023 | |
Income Tax Disclosure [Abstract] | |
Schedule of Distribution To Shareholder | The tax character of distributions paid for the years ended December 31, 2023, 2022 and 2021 was as follows: Year Ended December 31, 2023 2022 2021 (dollars in thousands) Ordinary income (1) $ 278,165 $ 195,238 $ 129,625 Qualified dividends 24,100 22,991 47,202 Distributions on tax basis $ 302,265 $ 218,229 $ 176,827 ___________________________ (1) The years ended December 31, 2023, 2022 and 2021 include $3.3 million, $2.3 million and $1.8 million, respectively, that was reported for tax purposes as compensation for services in accordance with Section 83 of the Code. |
Schedule of Taxable Income and To Total Distributions Declared to Common Stock Reconciliation | Listed below is a reconciliation of “Net increase in net assets resulting from operations” to taxable income and to total distributions declared to common stockholders for the years ended December 31, 2023, 2022 and 2021. Year Ended December 31, 2023 2022 2021 (estimated, dollars in thousands) Net increase in net assets resulting from operations $ 428,447 $ 241,606 $ 330,762 Book-tax difference from share-based compensation expense 962 142 (3,213) Net unrealized appreciation (232,577) (24,816) (135,624) Income tax provision 22,642 23,325 32,863 Pre-tax book loss (income) not consolidated for tax purposes 20,726 (37,630) (59,634) Book income and tax income differences, including debt origination, structuring fees, dividends, realized gains and changes in estimates 72,389 17,043 39,819 Estimated taxable income (1) 312,589 219,670 204,973 Taxable income earned in prior year and carried forward for distribution in current year 49,216 50,834 24,359 Taxable income earned prior to period end and carried forward for distribution next period (76,510) (66,892) (65,994) Dividend payable as of period end and paid in the following period 20,368 17,676 15,159 Total distributions accrued or paid to common stockholders $ 305,663 $ 221,288 $ 178,497 ___________________________ (1) MSCC’s taxable income for each period is an estimate and will not be finally determined until MSCC files its tax return for each year. Therefore, the final taxable income, and the taxable income earned in each period and carried forward for distribution in the following period, may be different than this estimate. |
Schedule of Components of Income Tax Expense (Benefit) | Main Street’s Consolidated Statements of Operations. Main Street’s provision for income taxes was comprised of the following for the years ended December 31, 2023, 2022 and 2021: Year Ended December 31, 2023 2022 2021 (dollars in thousands) Current tax expense (benefit): Federal $ 1,198 $ 516 $ (235) State 2,245 1,845 3,377 Excise 3,190 2,838 2,590 Total current tax expense 6,633 5,199 5,732 Deferred tax expense: Federal 14,181 13,176 23,205 State 1,828 4,950 3,926 Total deferred tax expense 16,009 18,126 27,131 Total income tax provision $ 22,642 $ 23,325 $ 32,863 |
Schedule of Deferred Tax Assets and Liabilities | The following table sets forth the significant components of net deferred tax assets and liabilities as of December 31, 2023 and 2022: Year Ended December 31, 2023 2022 (dollars in thousands) Deferred tax assets: Net operating loss carryforwards $ 39,079 $ 35,043 Interest expense carryforwards 20,126 6,171 Other 4,190 3,401 Total deferred tax assets 63,395 44,615 Deferred tax liabilities: Net unrealized appreciation of portfolio investments (90,981) (64,219) Net basis differences in portfolio investments (36,272) (28,245) Total deferred tax liabilities (127,253) (92,464) Total deferred tax liabilities, net $ (63,858) $ (47,849) |
DIVIDEND REINVESTMENT PLAN (Tab
DIVIDEND REINVESTMENT PLAN (Tables) | 12 Months Ended |
Dec. 31, 2023 | |
Equity [Abstract] | |
Schedule of Summarized Dividend Reinvestment Plan Information | Summarized DRIP information for the years ended December 31, 2023, 2022 and 2021 is as follows: Year Ended December 31, 2023 2022 2021 (dollars in thousands) DRIP participation $ 30,719 $ 24,131 $ 16,283 Shares issued for DRIP 765,427 625,196 404,384 |
SHARE-BASED COMPENSATION (Table
SHARE-BASED COMPENSATION (Tables) | 12 Months Ended |
Dec. 31, 2023 | |
Share-Based Payment Arrangement [Abstract] | |
Schedule of Summarization of Restricted Stock Issued | The following table summarizes the restricted stock issuances approved by Main Street’s Board of Directors under the Equity and Incentive Plan, net of shares forfeited, if any, and the remaining shares of restricted stock available for issuance as of December 31, 2023. Restricted stock authorized under the plan 5,000,000 Less net restricted stock granted (558,807) Restricted stock available for issuance as of December 31, 2023 4,441,193 the board and vest on the day immediately preceding the annual meeting of stockholders following the respective grant date and are expensed over such service period. Restricted stock authorized under the plan 300,000 Less net restricted stock granted (7,525) Restricted stock available for issuance as of December 31, 2023 292,475 |
Schedule of Summarized Restricted Stock Awards | Summarized RSA activity for the year ended December 31, 2023 is as follows: Year Ended December 31, 2023 Number Weighted-Average Grant-Date Fair Value Restricted Stock Awards (RSAs): of Shares ($ per share) Non-vested, December 31, 2022 817,401 $ 38.78 Granted (1) 551,730 39.43 Vested (1)(2) (398,914) 39.20 Forfeited (11,992) 40.47 Non-vested, December 31, 2023 958,225 $ 40.48 Aggregate intrinsic value as of December 31, 2023 (in thousands) $ 41,424 (3) ___________________________ (1) Restricted units generally vest over a three-year or five-year period from the grant date (as noted above). (2) Vested shares included 151,058 shares withheld for payroll taxes paid on behalf of employees. (3) Aggregate intrinsic value is the product of total non-vested restricted shares as of December 31, 2023 and $43.23 per share, the closing price of our common stock on December 31, 2023. |
COMMITMENTS AND CONTINGENCIES (
COMMITMENTS AND CONTINGENCIES (Tables) | 12 Months Ended |
Dec. 31, 2023 | |
Commitments and Contingencies Disclosure [Abstract] | |
Schedule of Outstanding Commitments | At December 31, 2023, Main Street had the following outstanding commitments (in thousands): Investments with equity capital commitments that have not yet funded: Amount Brightwood Capital Fund Investments Brightwood Capital Fund V, LP $ 3,000 Brightwood Capital Fund III, LP 649 3,649 EnCap Equity - Fund XII, LP 10,000 Freeport Fund Investments Freeport First Lien Loan Fund III LP 8,340 Freeport Financial SBIC Fund LP 4,490 12,830 Harris Preston Fund Investments HPEP 4, L.P. 8,378 HPEP 3, L.P. 1,308 HPEP 423 COR, LP 600 2717 MH, L.P. 52 10,338 MS Private Loan Fund I, LP 750 MS Private Loan Fund II, LP 8,847 UnionRock Energy Fund Investments UnionRock Energy Fund III, LP 7,500 UnionRock Energy Fund II, LP 1,465 8,965 Total Equity Commitments (1)(2) $ 55,379 Investments with commitments to fund revolving loans that have not been fully drawn or term loans with additional commitments not yet funded: MS Private Loan Fund II, LP $ 26,500 MS Private Loan Fund I, LP 10,000 Power System Solutions 9,255 Garyline, LLC 8,824 CQ fluency, LLC 6,750 Insight Borrower Corporation 6,688 PTL US Bidco, Inc 6,520 SI East, LLC 6,375 AB Centers Acquisition Corporation 6,172 Veregy Consolidated, Inc. 5,875 JTI Electrical & Mechanical, LLC 5,284 Paragon Healthcare, Inc. 4,327 Cody Pools, Inc. 4,214 Bettercloud, Inc. 4,189 Channel Partners Intermediateco, LLC 4,143 Richardson Sales Solutions 4,030 South Coast Terminals Holdings, LLC 4,018 IG Investor, LLC 4,000 NexRev LLC 4,000 AVEX Aviation Holdings, LLC 3,684 Mako Steel, LP 3,651 Microbe Formulas, LLC 3,601 Johnson Downie Opco, LLC 3,600 Watterson Brands, LLC 3,546 Eastern Wholesale Fence LLC 3,495 Classic H&G Holdco, LLC 3,440 HEADLANDS OP-CO LLC 3,375 VVS Holdco, LLC 3,200 SPAU Holdings, LLC 3,194 Mini Melts of America, LLC 3,045 RTIC Subsidiary Holdings, LLC 2,877 Metalforming Holdings, LLC 2,795 ArborWorks, LLC 2,779 Engineering Research & Consulting, LLC 2,621 IG Parent Corporation 2,500 Nebraska Vet AcquireCo, LLC 2,500 Superior Rigging & Erecting Co. 2,500 Centre Technologies Holdings, LLC 2,400 Batjer TopCo, LLC 2,070 Cybermedia Technologies, LLC 2,000 Purge Rite, LLC 1,969 Elgin AcquireCo, LLC 1,877 Burning Glass Intermediate Holding Company, Inc. 1,859 Career Team Holdings, LLC 1,800 GULF PACIFIC ACQUISITION, LLC 1,767 NinjaTrader, LLC 1,750 Acousti Engineering Company of Florida 1,730 Bluestem Brands, Inc. 1,716 Trantech Radiator Topco, LLC 1,600 Chamberlin Holding LLC 1,600 Acumera, Inc. 1,598 Pearl Meyer Topco LLC 1,500 ITA Holdings Group, LLC 1,466 ATS Operating, LLC 1,440 Bond Brand Loyalty ULC 1,427 Imaging Business Machines, L.L.C. 1,384 American Health Staffing Group, Inc. 1,333 Escalent, Inc. 1,326 CaseWorthy, Inc. 1,230 Gamber-Johnson Holdings, LLC 1,200 Pinnacle TopCo, LLC 1,140 Infolinks Media Buyco, LLC 1,008 GRT Rubber Technologies LLC 950 Evergreen North America Acquisitions, LLC 927 Orttech Holdings, LLC 800 Mystic Logistics Holdings, LLC 800 Roof Opco, LLC 778 Project BarFly, LLC 760 GS HVAM Intermediate, LLC 727 Analytical Systems Keco Holdings, LLC 580 Invincible Boat Company, LLC. 561 RA Outdoors LLC 454 Clad-Rex Steel, LLC 400 Wall Street Prep, Inc. 400 Gulf Publishing Holdings, LLC 400 AAC Holdings, Inc. 200 Inspire Aesthetics Management, LLC 50 Adams Publishing Group, LLC 41 Interface Security Systems, L.L.C 1 Total Loan Commitments $ 236,586 Total Commitments $ 291,965 ____________________ (1) This table excludes commitments related to six additional Other Portfolio investments for which the investment period has expired and remaining commitments may only be drawn to pay fund expenses. The Company does not expect any material future capital to be called on its commitment to these investments and as a result has excluded those commitments from this table. (2) This table excludes commitments related to three additional Other Portfolio investments for which the investment period has expired and remaining commitments may only be drawn to pay fund expenses or for follow on investments in existing portfolio companies. The Company does not expect any material future capital to be called on its commitment to these investments to pay fund expenses, and based on representations from the fund manager, the Company does not expect any further capital will be called on its commitment for follow on investments. As a result, the Company has excluded those commitments from this table. |
Consolidated Schedule of Inve_4
Consolidated Schedule of Investments In and Advances to Affiliates (Tables) | 12 Months Ended |
Dec. 31, 2023 | |
Investments in and Advances to Affiliates [Abstract] | |
Schedule of Investments in and Advances to Affiliates, Schedule of Investments | Company Total Rate Base Rate Spread PIK Rate Type of Investment(1) (10) (11) Geography Amount of Amount of Amount of December 31, Gross Gross December 31, Majority-owned investments Analytical Systems Keco Holdings, LLC 15.38% SF+ 10.00% Secured Debt (12) (8) $ — $ — $ 13 $ (3) $ 222 $ — $ 219 15.38% SF+ 10.00% Secured Debt (8) — — 748 4,545 78 539 4,084 14.13% Preferred Member Units (8) — — — — — — — Preferred Member Units (8) — 1,356 — 3,504 1,356 — 4,860 Warrants (8) — — — — — — — Brewer Crane Holdings, LLC 15.46% L+ 10.00% Secured Debt (9) — — 899 5,964 30 496 5,498 Preferred Member Units (9) — (1,460) 120 7,080 — 1,460 5,620 Café Brazil, LLC Member Units (8) — (230) 149 2,210 — 230 1,980 California Splendor Holdings LLC 15.69% SF+ 10.00% Secured Debt (9) — (359) 4,366 28,000 14 359 27,655 Preferred Member Units (9) — (9,800) 250 25,495 — 9,800 15,695 15.00% 15.00% Preferred Member Units (9) — — 607 3,994 607 — 4,601 Clad-Rex Steel, LLC 11.50% Secured Debt (12) (5) — — 2 — — — — 11.50% Secured Debt (5) — (138) 1,172 10,440 40 2,058 8,422 10.00% Secured Debt (5) — — 104 1,039 1 36 1,004 Member Units (5) — (3,020) 275 8,220 — 3,020 5,200 Member Units (5) — 220 — 610 519 — 1,129 CMS Minerals Investments Member Units (9) 99 (366) 44 1,670 99 1,769 — Cody Pools, Inc. 12.50% Secured Debt (12) (8) — 11 14 — — — — 12.50% Secured Debt (8) — 31 3,384 — 46,312 4,239 42,073 L+ 10.50% Secured Debt (8) — (19) 96 1,462 32 1,494 — L+ 10.50% Secured Debt (8) — (280) 2,683 40,801 — 40,801 — Preferred Member Units (8) — 14,290 4,877 58,180 14,290 — 72,470 CompareNetworks Topco, LLC SF+ 9.00% Secured Debt (9) — — — — — — — 14.48% SF+ 9.00% Secured Debt (9) — (9) 668 5,241 9 1,796 3,454 Preferred Member Units (9) — (5,380) 316 19,830 — 5,380 14,450 Cybermedia Technologies, LLC 10.00% Secured Debt (12) (6) — — 7 — — — — 13.00% Secured Debt (6) — — 2,989 — 28,752 363 28,389 Preferred Member Units (6) — — 163 — 15,000 — 15,000 Datacom, LLC 7.50% Secured Debt (8) — — 40 223 809 585 447 10.00% Secured Debt (8) — (85) 1,012 7,789 153 355 7,587 Preferred Member Units (8) — (2,600) (96) 2,670 — 2,600 70 Direct Marketing Solutions, Inc. 14.00% Secured Debt (9) — (29) 91 — 1,304 71 1,233 14.00% Secured Debt (9) — (59) 3,687 27,267 59 1,783 25,543 Preferred Stock (9) — (1,480) 171 22,220 — 1,480 20,740 Elgin AcquireCo, LLC SF+ 6.00% Secured Debt (12) (5) — — 9 (9) 2 — (7) 12.00% Secured Debt (5) — — 2,322 18,594 38 — 18,632 9.00% Secured Debt (5) — — 573 6,294 3 45 6,252 Company Total Rate Base Rate Spread PIK Rate Type of Investment(1) (10) (11) Geography Amount of Amount of Amount of December 31, Gross Gross December 31, Common Stock (5) — 364 — 7,603 364 1,877 6,090 Common Stock (5) — 112 — 1,558 112 — 1,670 Gamber-Johnson Holdings, LLC SF+ 7.50% Secured Debt (12) (5) — — 6 — — — — 10.50% SF+ 7.50% Secured Debt (5) — (128) 6,684 64,078 128 10,128 54,078 Member Units (5) — 45,820 5,961 50,890 45,820 — 96,710 GRT Rubber Technologies LLC 11.48% SF+ 6.00% Secured Debt (12) (8) — 6 177 670 1,730 — 2,400 13.48% SF+ 8.00% Secured Debt (8) — (47) 5,428 40,493 47 47 40,493 Member Units (8) — — 183 44,440 — — 44,440 Gulf Publishing Holdings, LLC SF+ 9.50% Secured Debt (12) (8) — — — — — — — 12.50% Secured Debt (8) — — 304 2,284 — — 2,284 Preferred Equity (8) — (1,320) — 3,780 — 1,320 2,460 Member Units (8) — — — — — — — IG Investor, LLC Secured Debt (12) (6) — — 98 — 765 800 (35) 13.00% Secured Debt (6) — — 3,428 — 37,374 440 36,934 Common Equity (6) — — — — 15,096 696 14,400 Jensen Jewelers of Idaho, LLC P+ 6.75% Secured Debt (12) (9) — — — — — — — 15.25% P+ 6.75% Secured Debt (9) — (6) 356 2,450 6 458 1,998 Member Units (9) — (2,550) 1,362 14,970 — 2,550 12,420 Kickhaefer Manufacturing Company, LLC 12.00% Secured Debt (5) — — 2,642 20,374 201 801 19,774 9.00% Secured Debt (5) — — 349 3,842 2 39 3,805 Preferred Equity (5) — 2,470 — 7,220 2,470 — 9,690 Member Units (5) — (120) 115 2,850 — 120 2,730 Market Force Information, LLC L+ 11.00% Secured Debt (9) (6,662) 163 453 6,090 804 6,894 — L+ 11.00% Secured Debt (9) (25,952) 24,342 — 1,610 24,342 25,952 — Member Units (9) (16,642) 16,642 — — 16,642 16,642 — Metalforming Holdings, LLC 12.75% Secured Debt (12) (7) — — 11 — — — — 12.75% Secured Debt (7) — — 3,092 23,576 47 — 23,623 8.00% 8.00% Preferred Equity (7) — — 505 6,010 473 448 6,035 Common Stock (7) — (37) 522 1,537 — 37 1,500 MH Corbin Holding LLC 13.00% Secured Debt (5) — 1,229 761 4,548 1,229 755 5,022 Preferred Member Units (5) — 330 — — 330 — 330 Preferred Member Units (5) — — — — — — — MSC Adviser I, LLC Member Units (8) — 51,133 11,310 122,930 51,133 — 174,063 Mystic Logistics Holdings, LLC Secured Debt (12) (6) — — 4 — — — — 10.00% Secured Debt (6) — — 583 5,746 — — 5,746 Common Stock (6) — 3,560 4,523 22,830 3,560 — 26,390 OMi Topco, LLC 12.00% Secured Debt (8) — (48) 1,824 15,750 48 3,048 12,750 Preferred Member Units (8) — 13,570 2,700 22,810 13,570 — 36,380 Company Total Rate Base Rate Spread PIK Rate Type of Investment(1) (10) (11) Geography Amount of Amount of Amount of December 31, Gross Gross December 31, PPL RVs, Inc. SF+ 8.75% Secured Debt (8) — (2) 2 — 2 2 — 14.23% SF+ 8.75% Secured Debt (8) — (67) 2,845 21,655 67 1,845 19,877 Common Stock (8) — (1,970) (30) 18,950 — 1,970 16,980 Common Stock (8) — 130 — 238 130 — 368 Principle Environmental, LLC 13.00% Secured Debt (8) — — — — — — — 13.00% Secured Debt (8) — — 801 5,806 23 — 5,829 Preferred Member Units (8) — (1,670) 743 12,420 — 1,670 10,750 Common Stock (8) — (80) — 590 — 80 510 Quality Lease Service, LLC Member Units (7) — (98) — 525 33 98 460 Robbins Bros. Jewelry, Inc. 12.50% Secured Debt (9) — — 32 (35) 9 — (26) 12.50% Secured Debt (9) — (3,113) 4,489 35,404 81 4,687 30,798 Preferred Equity (9) — (14,880) — 14,880 — 14,880 — Trantech Radiator Topco, LLC 8.00% Secured Debt (12) (7) — (3) 7 — 3 3 — 12.00% Secured Debt (7) — (18) 982 7,920 18 18 7,920 Common Stock (7) — 4,940 116 7,800 4,940 — 12,740 Volusion, LLC 10.00% Secured Debt (8) — — 161 — 2,100 — 2,100 11.50% Secured Debt (8) (3,188) 1,821 166 14,914 — 14,914 — 8.00% Unsecured Convertible Debt (8) (409) 409 — — 409 409 — Preferred Member Units (8) — — 2 — — — — Preferred Member Units (8) — (1,396) — — 11,446 4,196 7,250 Preferred Member Units (8) — — — — — — — Common Stock (8) — (2,576) — — 2,576 2,576 — Warrants (8) — 2,576 — — — — — Ziegler’s NYPD, LLC 12.00% Secured Debt (8) — — 55 450 — — 450 6.50% Secured Debt (8) — — 66 945 — — 945 14.00% Secured Debt (8) — (596) 390 2,676 — 596 2,080 Preferred Member Units (8) — (240) — 240 — 240 — Warrants (8) — — — — — — — Other controlled investments 2717 MH, L.P. LP Interests (2717 MH, L.P.) (8) 2,222 (952) 142 7,552 2,796 4,298 6,050 LP Interests (2717 HPP-MS, L.P.) (12) (8) — 67 — 248 67 — 315 ASC Interests, LLC 13.00% Secured Debt (8) — — 54 400 — — 400 13.00% Secured Debt (8) — (52) 218 1,649 1 53 1,597 Preferred Member Units (8) — 88 — — 266 — 266 Member Units (8) — (700) — 800 — 700 100 ATS Workholding, LLC 5.00% Secured Debt (9) — (486) — 634 180 486 328 5.00% Secured Debt (9) — (518) — 1,005 — 532 473 Preferred Member Units (9) — — — — — — — Company Total Rate Base Rate Spread PIK Rate Type of Investment(1) (10) (11) Geography Amount of Amount of Amount of December 31, Gross Gross December 31, Barfly Ventures, LLC 7.00% Secured Debt (12) (5) — — 50 711 — — 711 Member Units (5) — 820 1 3,320 820 — 4,140 Batjer TopCo, LLC 10.00% Secured Debt (12) (8) — 6 2 (8) 8 — — 10.00% Secured Debt (12) (8) — — 22 — 630 360 270 10.00% Secured Debt (8) — 67 1,134 10,933 92 450 10,575 Preferred Stock (8) — 2,055 686 4,095 2,055 — 6,150 Bolder Panther Group, LLC 14.48% SF+ 9.11% Secured Debt (9) — (141) 14,208 99,194 141 2,779 96,556 8.00% Class B Preferred Member Units (9) — (400) 4,065 31,420 — 400 31,020 Bridge Capital Solutions Corporation 13.00% Secured Debt (6) — — 1,162 8,813 — — 8,813 13.00% Secured Debt (6) — — 132 1,000 — — 1,000 Preferred Member Units (6) — — 100 1,000 — — 1,000 Warrants (6) — (21) — 1,828 — 20 1,808 Warrants (6) — (29) — 2,512 — 30 2,482 CBT Nuggets, LLC Member Units (9) — 1,130 2,902 49,002 1,128 — 50,130 Centre Technologies Holdings, LLC SF+ 9.00% Secured Debt (12) (8) — — 12 — — — — 14.48% SF+ 9.00% Secured Debt (8) — 62 2,315 14,954 2,620 — 17,574 Preferred Member Units (8) — 2,340 120 8,700 2,340 — 11,040 Chamberlin Holding LLC SF+ 6.00% Secured Debt (12) (8) — 195 45 — — — — 13.49% SF+ 8.00% Secured Debt (8) — (7) 2,203 16,945 7 1,332 15,620 Member Units (8) — 6,400 4,182 22,920 6,400 — 29,320 Member Units (8) — 150 92 2,710 150 — 2,860 Charps, LLC 10.00% Unsecured Debt (5) — (35) 604 5,694 35 35 5,694 Preferred Member Units (5) — 2,350 1,463 13,340 2,350 — 15,690 Colonial Electric Company LLC Secured Debt (6) — — 52 — 1,600 1,600 — 12.00% Secured Debt (6) — (319) 1,804 23,151 55 1,579 21,627 Preferred Member Units (6) — 1,440 — — 2,400 — 2,400 Preferred Member Units (6) — (1,480) — 9,160 — 1,480 7,680 Compass Systems & Sales, LLC 13.50% Secured Debt (5) — — — — — — — 13.50% Secured Debt (5) — — 608 — 17,034 — 17,034 Preferred Equity (5) — — — — 7,454 — 7,454 Copper Trail Fund Investments LP Interests (CTMH, LP) (9) — — 38 588 — 20 568 Digital Products Holdings LLC 15.38% SF+ 10.00% Secured Debt (5) — (67) 2,332 15,523 — 833 14,690 Preferred Member Units (5) — — 200 9,835 — — 9,835 Garreco, LLC 9.50% SF+ 8.00% Secured Debt (8) — — 390 3,826 — 738 3,088 Member Units (8) — (220) 11 1,800 — 220 1,580 Gulf Manufacturing, LLC Member Units (8) — 2,280 2,832 6,790 2,280 — 9,070 Harrison Hydra-Gen, Ltd. Common Stock (8) — 1,380 — 3,280 1,380 — 4,660 Company Total Rate Base Rate Spread PIK Rate Type of Investment(1) (10) (11) Geography Amount of Amount of Amount of December 31, Gross Gross December 31, JorVet Holdings, LLC 12.00% Secured Debt (9) — — 3,172 25,432 51 — 25,483 Preferred Equity (9) — — 825 10,741 — — 10,741 KBK Industries, LLC 9.00% Secured Debt (5) — 38 562 — 6,000 1,300 4,700 Member Units (5) — 7,200 9,614 15,570 7,200 — 22,770 MS Private Loan Fund I, LP 5.00% Secured Debt (12) (8) — — 25 — — — — LP Interests (12) (8) — (306) 1,746 14,833 — 306 14,527 MS Private Loan Fund II, LP 8.88% SF+ 3.50% Secured Debt (12) (8) — — 515 — 23,367 — 23,367 LP Interests (12) (8) — — — — 1,561 — 1,561 MSC Income Fund, Inc. Common Equity (8) — 22 236 753 9,272 — 10,025 NAPCO Precast, LLC Member Units (8) — (100) (40) 11,830 — 100 11,730 Nebraska Vet AcquireCo, LLC SF+ 7.00% Secured Debt (12) (5) — — 10 — — — — 12.00% Secured Debt (5) — (1) 2,910 20,094 5,701 1 25,794 12.00% Secured Debt (5) — (22) 1,299 10,500 22 22 10,500 Preferred Member Units (5) — 7,320 591 7,700 7,320 — 15,020 NexRev LLC 10.00% Secured Debt (12) (8) — — — — — — — 10.00% Secured Debt (8) — 2,859 1,143 8,477 2,928 1,654 9,751 Preferred Member Units (8) — 5,240 665 1,110 5,240 — 6,350 NRP Jones, LLC 12.00% Secured Debt (5) — — 253 2,080 — — 2,080 Member Units (5) — (3,148) 23 4,615 — 3,149 1,466 Member Units (5) — (122) — 175 — 122 53 NuStep, LLC 11.98% SF+ 6.50% Secured Debt (5) — — 474 4,399 — 799 3,600 12.00% Secured Debt (5) — — 2,256 18,414 12 — 18,426 Preferred Member Units (5) — 1,200 — 8,040 1,200 — 9,240 Preferred Member Units (5) — — — 5,150 — — 5,150 Orttech Holdings, LLC SF+ 11.00% Secured Debt (12) (5) — — — — — — — 16.48% SF+ 11.00% Secured Debt (5) — 115 3,765 23,429 171 1,560 22,040 Preferred Stock (5) — 5,300 1,094 11,750 5,300 — 17,050 Pearl Meyer Topco LLC 12.00% Secured Debt (12) (6) — 3 370 — 3,500 — 3,500 12.00% Secured Debt (6) — 44 1,552 — 20,000 — 20,000 12.00% Secured Debt (6) — (65) 3,450 28,681 65 1,065 27,681 Preferred Equity (6) — 830 12,110 43,260 830 — 44,090 Pinnacle TopCo, LLC 8.00% Secured Debt (12) (8) — — 26 — 444 — 444 13.00% Secured Debt (8) — — 586 — 30,339 — 30,339 Preferred Equity (8) — — — — 12,540 — 12,540 River Aggregates, LLC Member Units (8) — 90 — 3,620 90 — 3,710 Tedder Industries, LLC 12.00% Secured Debt (9) — (114) 224 1,840 — 114 1,726 12.00% Secured Debt (9) — (867) 1,858 15,120 8 866 14,262 Preferred Member Units (9) — (7,681) — 7,681 — 7,681 — Company Total Rate Base Rate Spread PIK Rate Type of Investment(1) (10) (11) Geography Amount of Amount of Amount of December 31, Gross Gross December 31, Preferred Member Units (9) — (564) — — 494 494 — Preferred Member Units (9) — (661) — — 661 661 — Televerde, LLC Member Units (8) — (674) 333 5,408 — 674 4,734 Preferred Stock (8) — — — 1,794 — — 1,794 Vision Interests, Inc. Series A Preferred Stock (9) — — 168 3,000 — — 3,000 VVS Holdco LLC SF+ 6.00% Secured Debt (12) (5) — — 39 (21) 21 — — 11.50% Secured Debt (5) — — 3,468 30,161 74 2,200 28,035 Preferred Equity (5) — (100) 215 11,940 400 100 12,240 — — — — — — — — — — — — — — Other — — — — — — — Amounts related to investments transferred to or from other 1940 Act classification during the period — 1,308 1,469 625 21,493 1,454 — Total Control investments $ (50,532) $ 161,793 $ 197,150 $ 1,703,172 $ 568,452 $ 244,262 $ 2,006,698 Affiliate Investments 423 HAR, LP LP Interests (423 HAR, L.P.) (8) $ — $ 247 $ — $ — $ 996 $ — $ 996 AAC Holdings, Inc. 18.00% 18.00% Secured Debt (12) (7) — (1) 65 — 418 — 418 18.00% 18.00% Secured Debt (7) — (37) 2,382 11,550 2,382 37 13,895 Common Stock (7) — — — — — — — Warrants (7) — — — — — — — AFG Capital Group, LLC Preferred Member Units (8) 7,200 (8,200) — 9,400 7,200 16,600 — ATX Networks Corp. L+ 7.50% Secured Debt (6) — (134) 886 6,343 575 6,918 — 10.00% Unsecured Debt (6) — (306) 1,160 2,598 1,160 3,758 — Common Stock (6) 3,248 (3,270) — 3,270 3,248 6,518 — BBB Tank Services, LLC L+ 11.00% Unsecured Debt (8) — — 102 800 — 800 — L+ 11.00% Unsecured Debt (8) (1,400) 1,914 539 2,086 1,914 4,000 — Member Units (8) (800) 800 — — 800 800 — 15.00% Preferred Stock (non-voting) (8) (162) 162 — — 162 162 — Boccella Precast Products LLC 10.00% Secured Debt (6) — — 32 320 — — 320 Member Units (6) — (980) 122 2,970 — 980 1,990 Buca C, LLC 12.00% Secured Debt (7) — 183 2,188 12,337 183 376 12,144 6.00% 6.00% Preferred Member Units (7) — — — — — — — Career Team Holdings, LLC 11.38% SF+ 6.00% Secured Debt (12) (6) — — 40 (9) 1,340 450 881 13.00% Secured Debt (6) — — 2,612 20,090 41 225 19,906 Common Stock (6) — — — 4,500 — — 4,500 Chandler Signs Holdings, LLC Class A Units (8) 1,797 (290) 60 1,790 1,797 3,587 — Classic H&G Holdings, LLC 11.69% SF+ 6.00% Secured Debt (12) (6) — — 537 4,560 — — 4,560 8.00% Secured Debt (6) — (43) 1,606 19,274 43 43 19,274 Company Total Rate Base Rate Spread PIK Rate Type of Investment(1) (10) (11) Geography Amount of Amount of Amount of December 31, Gross Gross December 31, Preferred Member Units (6) — (8,639) 5,354 24,637 — 8,637 16,000 Congruent Credit Opportunities Funds LP Interests (Congruent Credit Opportunities Fund III, LP) (8) — 13 443 7,657 13 3,318 4,352 DMA Industries, LLC 12.00% Secured Debt (7) — (49) 2,518 21,200 49 2,449 18,800 Preferred Equity (7) — 400 — 7,260 400 — 7,660 Dos Rios Partners LP Interests (Dos Rios Partners, LP) (8) 759 (539) — 9,127 759 1,443 8,443 LP Interests (Dos Rios Partners - A, LP) (8) 241 (221) — 2,898 241 508 2,631 Dos Rios Stone Products LLC Class A Preferred Units (8) — 250 — 1,330 250 — 1,580 EIG Fund Investments LP Interests (EIG Global Private Debt Fund-A, L.P.) (8) 33 — 89 1,013 176 429 760 Flame King Holdings, LLC L+ 6.50% Secured Debt (9) — (60) 484 7,600 60 7,660 — L+ 9.00% Secured Debt (9) — (162) 1,583 21,200 162 21,362 — Preferred Equity (9) — 10,320 3,257 17,580 10,320 — 27,900 Freeport Financial SBIC Fund LP LP Interests (Freeport Financial SBIC Fund LP) (12) (5) — 177 — 3,483 177 648 3,012 LP Interests (Freeport First Lien Loan Fund III LP) (12) (5) — — 598 5,848 — 2,144 3,704 GFG Group, LLC 8.00% Secured Debt (5) — (33) 988 11,345 33 2,033 9,345 Preferred Member Units (5) — 4,320 802 7,140 4,320 — 11,460 Hawk Ridge Systems, LLC 11.65% SF+ 6.00% Secured Debt (9) — (1) 317 3,185 6,037 7,248 1,974 12.50% Secured Debt (9) — (4) 5,094 37,800 7,460 4 45,256 Preferred Member Units (9) — — 293 17,460 — — 17,460 Preferred Member Units (9) — — — 920 — — 920 Houston Plating and Coatings, LLC 8.00% Unsecured Convertible Debt (8) — (120) 243 3,000 — 120 2,880 Member Units (8) — 940 84 2,400 940 — 3,340 HPEP 3, L.P. LP Interests (HPEP 3, L.P.) (12) (8) — 156 4 4,331 403 509 4,225 LP Interests (HPEP 4, L.P.) (12) (8) — — — 2,332 1,441 — 3,773 LP Interests (423 COR, L.P.) (12) (8) — 469 130 1,400 469 — 1,869 I-45 SLF LLC Member Units (Fully diluted 20.0%; 21.75% profits interest) (8) — 532 2,317 11,758 1,732 — 13,490 Independent Pet Partners Intermediate Holdings, LLC Common Equity (6) — (610) — — 18,300 610 17,690 Infinity X1 Holdings, LLC 13.00% Secured Debt (9) — — 1,985 — 17,853 450 17,403 Preferred Equity (9) — — 125 — 4,000 — 4,000 Integral Energy Services 13.16% SF+ 7.50% Secured Debt (8) — (674) 2,374 15,769 80 1,958 13,891 10.00% 10.00% Preferred Equity (8) — 73 — — 300 — 300 Common Stock (8) — (1,120) 43 1,280 — 1,120 160 Iron-Main Investments, LLC 13.50% Secured Debt (5) — — 622 4,500 7 20 4,487 13.50% Secured Debt (5) — — 547 3,130 6 214 2,922 13.50% Secured Debt (5) — — 1,217 8,944 — — 8,944 Company Total Rate Base Rate Spread PIK Rate Type of Investment(1) (10) (11) Geography Amount of Amount of Amount of December 31, Gross Gross December 31, 13.50% Secured Debt (5) — — 2,706 19,559 32 88 19,503 13.50% Secured Debt (5) — — 1,806 — 10,911 638 10,273 Common Stock (5) — (76) — 1,798 958 76 2,680 ITA Holdings Group, LLC 16.59% SF+ 9.00% 2.00% Secured Debt (12) (8) — — 20 — 816 — 816 16.59% SF+ 9.00% 2.00% Secured Debt (12) (8) — — 34 — 697 — 697 15.59% SF+ 8.00% 2.00% Secured Debt (8) — — 560 — 3,430 — 3,430 17.59% SF+ 10.00% 2.00% Secured Debt (8) — — 607 — 3,430 — 3,430 Warrants (8) — — — — 2,091 — 2,091 Johnson Downie Opco, LLC 15.00% Secured Debt (12) (8) — 3 24 — — — — 15.00% Secured Debt (8) — 63 1,888 9,999 14,850 642 24,207 Preferred Equity (8) — 3,595 189 5,540 4,080 — 9,620 OnAsset Intelligence, Inc. 12.00% 12.00% Secured Debt (8) — (243) — 569 — 243 326 12.00% 12.00% Secured Debt (8) — (248) — 580 — 248 332 12.00% 12.00% Secured Debt (8) — (533) — 1,249 — 533 716 12.00% 12.00% Secured Debt (8) — (1,112) — 2,606 — 1,113 1,493 10.00% 10.00% Unsecured Debt (8) — — — 305 — — 305 7.00% 7.00% Preferred Stock (8) — — — — — — — Common Stock (8) — — — — — — — Warrants (8) — — — — — — — Oneliance, LLC SF+ 11.00% Secured Debt (7) — — — — — — — 16.48% SF+ 11.00% Secured Debt (7) — (61) 914 5,559 12 221 5,350 Preferred Stock (7) — — — 1,056 72 — 1,128 Quality Lease Service, LLC 12.00% Secured Debt (8) (29,526) 29,865 — — 29,865 29,865 — Preferred Member Units (8) — — — — — — — SI East, LLC 11.25% Secured Debt (12) (7) — 17 83 — 1,875 750 1,125 12.47% Secured Debt (7) — 241 4,075 — 54,536 — 54,536 9.50% Secured Debt (7) — (79) 3,885 89,786 — 89,786 — Preferred Member Units (7) — 5,213 1,196 13,650 5,520 — 19,170 Slick Innovations, LLC 14.00% Secured Debt (6) — (48) 1,887 13,840 48 2,448 11,440 Common Stock (6) — 780 — 1,530 780 — 2,310 Student Resource Center, LLC 8.50% 8.50% Secured Debt (6) (2) (1,694) 329 4,556 221 1,587 3,190 Preferred Equity (6) — — — — — — — Superior Rigging & Erecting Co. 12.00% Secured Debt (7) — — 2,564 21,378 49 1,000 20,427 Preferred Member Units (7) — 1,440 — 4,500 1,440 — 5,940 The Affiliati Network, LLC 13.00% Secured Debt (9) — — 30 106 2,764 2,720 150 13.00% Secured Debt (9) — (129) 1,176 9,442 34 2,129 7,347 Preferred Stock (9) — — 188 6,400 — — 6,400 Preferred Stock (9) — — — — 172 — 172 Company Total Rate Base Rate Spread PIK Rate Type of Investment(1) (10) (11) Geography Amount of Amount of Amount of December 31, Gross Gross December 31, UnionRock Energy Fund II, LP LP Interests (12) (9) — (146) 53 5,855 531 692 5,694 UnionRock Energy Fund III, LP LP Interests (12) (9) — 345 — — 2,838 — 2,838 UniTek Global Services, Inc. 15.00% 15.00% Secured Convertible Debt (6) — (13) 312 4,592 — 703 3,889 15.00% 15.00% Secured Convertible Debt (6) (223) 1,067 66 — 2,131 223 1,908 SF+ 7.50% Secured Debt (6) — 22 — 382 25 407 — SF+ 7.50% Secured Debt (6) — 96 275 1,712 112 1,824 — 20.00% 20.00% Preferred Stock (6) — (468) 468 2,833 468 468 2,833 20.00% 20.00% Preferred Stock (6) — 1,707 — 1,991 1,707 — 3,698 19.00% 19.00% Preferred Stock (6) — — — — — — — 13.50% 13.50% Preferred Stock (6) — — — — — — — Common Stock (6) — — — — — — — Universal Wellhead Services Holdings, LLC 14.00% 14.00% Preferred Member Units (8) — (70) — 220 — 70 150 Member Units (8) — — — — — — — World Micro Holdings, LLC 13.00% Secured Debt (7) — — 1,895 14,140 45 2,157 12,028 Preferred Equity (7) — — 226 3,845 — — 3,845 Other — — — — — — — Amounts related to investments transferred to or from other 1940 Act classification during the period 106 (1,308) (1,469) (625) 1,454 21,493 — Total Affiliate investments $ (18,729) $ 33,689 $ 69,829 $ 618,359 $ 246,241 $ 270,262 $ 615,002 ______________________ (1) The principal amount, the ownership detail for equity investments and if the investment is income producing is included in the Consolidated Schedule of Investments included in Item 8. Consolidated Financial Statements of this Annual Report on Form 10-K. (2) Represents the total amount of interest, fees and dividends credited to income for the portion of the period for which an investment was included in Control or Affiliate categories, respectively. For investments transferred between Control and Affiliate categories during the period, any income or investment balances related to the time period it was in the category other than the one shown at period end is included in “Amounts related to investments transferred from other 1940 Act classifications during the period.” (3) Gross additions include increases in the cost basis of investments resulting from new portfolio investments, follow-on investments and accrued PIK interest, and the exchange of one or more existing securities for one or more new securities. Gross additions also include net increases in unrealized appreciation or net decreases in net unrealized depreciation as well as the movement of an existing portfolio company into this category and out of a different category. (4) Gross reductions include decreases in the cost basis of investments resulting from principal repayments or sales and the exchange of one or more existing securities for one or more new securities. Gross reductions also include net increases in net unrealized depreciation or net decreases in unrealized appreciation as well as the movement of an existing portfolio company out of this category and into a different category. (5) Portfolio company located in the Midwest region as determined by location of the corporate headquarters. The fair value as of December 31, 2023 for control investments located in this region was $513,943. This represented 20.7% of net assets as of December 31, 2023. The fair value as of December 31, 2023 for affiliate investments located in this region was $76,330. This represented 3.1% of net assets as of December 31, 2023. (6) Portfolio company located in the Northeast region and Canada as determined by location of the corporate headquarters. The fair value as of December 31, 2023 for control investments located in this region was $268,905. This represented 10.9% of net assets as of December 31, 2023. The fair value as of December 31, 2023 for affiliate investments located in this region was $114,389. This represented 4.6% of net assets as of December 31, 2023. (7) Portfolio company located in the Southeast region as determined by location of the corporate headquarters. The fair value as of December 31, 2023 for control investments located in this region was $52,278. This represented 2.1% of net assets as of December 31, 2023. The fair value as of December 31, 2023 for affiliate investments located in this region was $176,466. This represented 7.1% of net assets as of December 31, 2023. (8) Portfolio company located in the Southwest region as determined by location of the corporate headquarters. The fair value as of December 31, 2023 for control investments located in this region was $767,606. This represented 31.0% of net assets as of December 31, 2023. The fair value as of December 31, 2023 for affiliate investments located in this region was $110,303. This represented 4.5% of net assets as of December 31, 2023. (9) Portfolio company located in the West region as determined by location of the corporate headquarters. The fair value as of December 31, 2023 for control investments located in this region was $403,966. This represented 16.3% of net assets as of December 31, 2023. The fair value as of December 31, 2023 for affiliate investments located in this region was $137,514. This represented 5.6% of net assets as of December 31, 2023. (10) All of the Company’s portfolio investments are generally subject to restrictions on resale as “restricted securities,” unless otherwise noted. (11) This schedule should be read in conjunction with the Consolidated Schedule of Investments and Notes to the Consolidated Financial Statements included in Item 8. Consolidated Financial Statements of this Annual Report on Form 10-K. Supplemental information can be located within the Consolidated Schedule of Investments including end of period interest rate, preferred dividend rate, maturity date, investments not paid currently in cash and investments whose value was determined using significant unobservable inputs. (12) Investment has an unfunded commitment as of December 31, 2023 (see Note K — Commitments and Contingencies in Item 8. Consolidated Financial Statements of this Annual Report on Form 10-K). The fair value of the investment includes the impact of the fair value of any unfunded commitments. (13) Negative fair value is the result of the capitalized discount being greater than the principal amount outstanding on the loan. Company Total Rate Base Rate Spread PIK Rate Type of Investment(1)(10)(11) Geography Amount of Amount of Amount of December 31, Gross Gross December 31, Majority-owned investments Analytical Systems Keco Holdings, LLC L+ 10.00% Secured Debt (8) $ — $ — $ 6 $ (4) $ 1 $ — $ (3) 14.13% L+ 10.00% Secured Debt (8) — — 690 4,740 85 280 4,545 14.13% Preferred Member Units (8) — — — — — — — Preferred Member Units (8) — (1,390) — 4,894 — 1,390 3,504 Warrants (8) — — — — — — — Brewer Crane Holdings, LLC 14.12% L+ 10.00% Secured Debt (9) — — 862 8,037 23 2,096 5,964 Preferred Member Units (9) — (630) 828 7,710 — 630 7,080 Café Brazil, LLC Member Units (8) — (360) 178 2,570 — 360 2,210 California Splendor Holdings LLC 13.75% L+ 10.00% Secured Debt (9) — 49 3,454 27,915 85 — 28,000 Preferred Member Units (9) — 12,220 250 13,275 12,220 — 25,495 15.00% 15.00% Preferred Member Units (9) — — 933 9,510 933 6,449 3,994 Clad-Rex Steel, LLC SF+ 9.00% Secured Debt (5) — — 4 — — — — 13.23% SF+ 9.00% Secured Debt (5) — — 1,255 10,401 39 — 10,440 10.00% Secured Debt (5) — — 107 1,071 1 33 1,039 Member Units (5) — (2,030) 758 10,250 — 2,030 8,220 Member Units (5) — 80 — 530 80 — 610 CMS Minerals Investments Member Units (9) — 230 198 1,974 230 534 1,670 Cody Pools, Inc. 15.38% L+ 10.50% Secured Debt (8) — 19 119 (13) 4,971 3,496 1,462 15.38% L+ 10.50% Secured Debt (8) — (86) 5,615 42,497 86 1,782 40,801 Preferred Member Units (8) — 10,540 4,015 47,640 10,540 — 58,180 CompareNetworks Topco, LLC L+ 9.00% Secured Debt (9) — — — — — — — 13.13% L+ 9.00% Secured Debt (9) — (16) 642 6,477 16 1,252 5,241 Preferred Member Units (9) — 7,830 632 12,000 7,830 — 19,830 Datacom, LLC 7.50% Secured Debt (8) — — 4 — 223 — 223 7.50% Secured Debt (8) — 228 829 7,668 391 270 7,789 Preferred Member Units (8) — 60 96 2,610 60 — 2,670 Direct Marketing Solutions, Inc. L+ 11.00% Secured Debt (9) — 88 235 (22) 4,272 4,250 — 15.13% L+ 11.00% Secured Debt (9) — 145 327 — 27,267 — 27,267 Company Total Rate Base Rate Spread PIK Rate Type of Investment(1)(10)(11) Geography Amount of Amount of Amount of December 31, Gross Gross December 31, L+ 11.00% Secured Debt (9) — (137) 2,953 24,070 — 24,070 — Preferred Stock (9) — 3,870 1,371 18,350 3,870 — 22,220 Elgin AcquireCo, LLC SF+ 6.00% Secured Debt (5) — — 2 — — 9 (9) 12.00% Secured Debt (5) — — 948 — 18,594 — 18,594 9.00% Secured Debt (5) — — 144 — 6,301 7 6,294 Common Stock (5) — — — — 9,668 2,065 7,603 Common Stock (5) — — — — 1,558 — 1,558 Gamber-Johnson Holdings, LLC SF+ 8.50% Secured Debt (5) — — 6 — — — — 11.50% SF+ 8.50% Secured Debt (5) — 393 1,152 — 64,078 — 64,078 L+ 7.50% Secured Debt (5) — (63) 2,233 21,598 — 21,598 — Member Units (5) — 1,190 895 49,700 1,190 — 50,890 GRT Rubber Technologies LLC 10.12% L+ 6.00% Secured Debt (8) — — 25 — 670 — 670 12.12% L+ 8.00% Secured Debt (8) — (33) 3,973 38,885 1,641 33 40,493 Member Units (8) — (1,750) 2,525 46,190 — 1,750 44,440 Gulf Publishing Holdings, LLC L+ 9.50% Secured Debt (8) — — 7 257 — 257 — 6.25% Secured Debt (8) (5,822) 3,848 503 9,717 — 9,717 — 12.50% Secured Debt (8) — (116) 77 — 2,400 116 2,284 Member Units (8) — — — — — — — Preferred Equity (8) — (1,820) — — 5,600 1,820 3,780 Jensen Jewelers of Idaho, LLC P+ 6.75% Secured Debt (9) — — 3 — — — — 13.75% P+ 6.75% Secured Debt (9) — (8) 292 2,550 8 108 2,450 Member Units (9) — 2,550 2,784 12,420 2,550 — 14,970 Kickhaefer Manufacturing Company, LLC 11.50% Secured Debt (5) — — 2,430 20,324 50 — 20,374 9.00% Secured Debt (5) — — 352 3,876 2 36 3,842 Preferred Equity (5) — (5,090) — 12,310 — 5,090 7,220 Member Units (5) — 390 113 2,460 390 — 2,850 Market Force Information, LLC 15.13% L+ 11.00% Secured Debt (9) — (163) 592 3,400 2,853 163 6,090 12.00% 12.00% Secured Debt (9) — (7,325) — 8,936 — 7,326 1,610 Member Units (9) — — — — — — — Metalforming Holdings, LLC Secured Debt (7) — — 16 — — — — Company Total Rate Base Rate Spread PIK Rate Type of Investment(1)(10)(11) Geography Amount of Amount of Amount of December 31, Gross Gross December 31, 12.75% Secured Debt (7) — — 1,143 — 23,576 — 23,576 8.00% 8.00% Preferred Equity (7) — — 95 — 6,010 — 6,010 Common Stock (7) — — — — 1,537 — 1,537 MH Corbin Holding LLC 13.00% Secured Debt (5) — 699 999 5,934 708 2,094 4,548 Preferred Member Units (5) — — — — — — — Preferred Member Units (5) — — — — — — — MSC Adviser I, LLC Member Units (8) — (17,470) 9,297 140,400 — 17,470 122,930 Mystic Logistics Holdings, LLC Secured Debt (6) — — 4 — — — — 10.00% Secured Debt (6) — (1) 607 6,378 1 633 5,746 Common Stock (6) — 13,990 4,202 8,840 13,990 — 22,830 OMi Topco, LLC 12.00% Secured Debt (8) — (53) 2,135 18,000 53 2,303 15,750 Preferred Member Units (8) — 2,600 2,154 20,210 2,600 — 22,810 PPL RVs, Inc. L+ 7.00% Secured Debt (8) — 9 79 727 1,273 2,000 — 10.25% L+ 7.00% Secured Debt (8) — 247 1,714 11,655 10,000 — 21,655 Common Stock (8) — 4,590 1,627 14,360 4,590 — 18,950 Common Stock (8) — — — — 238 — 238 Principle Environmental, LLC Secured Debt (8) — — 104 1,465 9 1,474 — 13.00% Secured Debt (8) — — 804 5,808 24 26 5,806 Preferred Member Units (8) — 1,260 1,355 11,160 1,260 — 12,420 Common Stock (8) — (120) — 710 — 120 590 Quality Lease Service, LLC Member Units (7) — 76 — 2,148 77 1,700 525 Robbins Bros. Jewelry, Inc. Secured Debt (9) — — 32 (44) 9 — (35) 12.50% Secured Debt (9) — — 4,678 36,000 78 674 35,404 Preferred Equity (9) — 3,810 558 11,070 3,810 — 14,880 Trantech Radiator Topco, LLC Secured Debt (7) — 5 7 (8) 8 — — 12.00% Secured Debt (7) — (23) 1,044 8,720 23 823 7,920 Common Stock (7) — (860) 116 8,660 — 860 7,800 Ziegler’s NYPD, LLC 12.00% Secured Debt (8) — — 71 625 — 175 450 6.50% Secured Debt (8) — (55) 66 1,000 — 55 945 14.00% Secured Debt (8) — (74) 390 2,750 — 74 2,676 Preferred Member Units (8) — (1,890) — 2,130 — 1,890 240 Warrants (8) — — — — — — — Other controlled investments 2717 MH, L.P. LP Interests (2717 MH, L.P.) (8) — 2,389 — 3,971 3,581 — 7,552 Company Total Rate Base Rate Spread PIK Rate Type of Investment(1)(10)(11) Geography Amount of Amount of Amount of December 31, Gross Gross December 31, LP Interests (2717 HPP-MS, L.P.) (8) — — — — 248 — 248 ASC Interests, LLC 13.00% Secured Debt (8) — — 36 200 230 30 400 13.00% Secured Debt (8) — — 266 1,636 13 — 1,649 Member Units (8) — 80 — 720 80 — 800 ATS Workholding, LLC 5.00% Secured Debt (9) — (620) — 1,088 188 642 634 5.00% Secured Debt (9) — (869) — 1,917 — 912 1,005 Preferred Member Units (9) — — — — — — — Barfly Ventures, LLC 7.00% Secured Debt (5) — — 51 710 1 — 711 Member Units (5) — 1,390 — 1,930 1,390 — 3,320 Batjer TopCo, LLC Secured Debt (8) — — 5 — 451 459 (8) Secured Debt (8) — — — — — — — 11.00% Secured Debt (8) — — 1,139 — 10,933 — 10,933 Preferred Stock (8) — — 631 — 4,095 — 4,095 Bolder Panther Group, LLC Secured Debt (9) — — 23 — — — — 13.39% SF+ 9.26% Secured Debt (9) — 305 9,164 39,000 60,194 — 99,194 Class A Preferred Member Units (9) — — 2,466 10,194 — 10,194 — 8.00% Cla |
SUMMARY OF SIGNIFICANT ACCOUN_4
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Narrative (Details) $ in Millions | 12 Months Ended | ||
Dec. 31, 2023 USD ($) company | Dec. 31, 2022 USD ($) company | Dec. 31, 2021 | |
Schedule of Investments [Line Items] | |||
Cash equivalents | $ | $ 15.2 | ||
Cash exceeded Federal Deposit Insurance Corporation insurance protection levels | $ | $ 40.1 | $ 46.3 | |
Percentage of total investment income, attributable to noncash paid-in-kind interest income (as a percent) | 2.20% | 1.40% | 2.60% |
Percentage of total investment come, attributable to noncash cumulative dividend income (as a percent) | 0.30% | 0.50% | 0.60% |
Percentage of total investment income, attributable to interest income, debt investments, net (as a percent) | 1.80% | 1.80% | 2% |
Credit Facility | Line of Credit | |||
Schedule of Investments [Line Items] | |||
Commitment fee (as a percent) | 3.40% | ||
Investment Owned, At Fair Value | Investment Type Concentration Risk | |||
Schedule of Investments [Line Items] | |||
Concentration risk (as a percent) | 100% | 100% | |
Investment Owned, At Fair Value | Investment Type Concentration Risk | Non-accrual Status | |||
Schedule of Investments [Line Items] | |||
Concentration risk (as a percent) | 0.60% | 0.60% | |
Investment Owned, At Cost | Investment Type Concentration Risk | |||
Schedule of Investments [Line Items] | |||
Concentration risk (as a percent) | 100% | 100% | |
Investment Owned, At Cost | Investment Type Concentration Risk | Non-accrual Status | |||
Schedule of Investments [Line Items] | |||
Concentration risk (as a percent) | 2.30% | 3.70% | |
LMM portfolio investments | |||
Schedule of Investments [Line Items] | |||
Consultation period subsequent to initial investment (in months) | 12 months | ||
Investment company, number of portfolio companies with annual third-party appraisal was obtained, reviewed and certified | company | 70 | 66 | |
Percentage of portfolio with annual third-party appraisal was obtained, reviewed and certified (as a percent) | 99% | 99% | |
LMM portfolio investments | Investment Owned, At Fair Value | Investment Type Concentration Risk | |||
Schedule of Investments [Line Items] | |||
Concentration risk (as a percent) | 95% | 94% | |
Private Loan portfolio investments | |||
Schedule of Investments [Line Items] | |||
Consultation period subsequent to initial investment (in months) | 12 months | ||
Investment company, number of portfolio companies with annual third-party appraisal was obtained, reviewed and certified | company | 59 | 59 | |
Percentage of portfolio with annual third-party appraisal was obtained, reviewed and certified (as a percent) | 94% | 97% | |
Private Loan portfolio investments | Investment Owned, At Fair Value | Investment Type Concentration Risk | |||
Schedule of Investments [Line Items] | |||
Concentration risk (as a percent) | 82% | 76% | |
Middle Market portfolio investments | |||
Schedule of Investments [Line Items] | |||
Percentage of portfolio investments containing limited consultation with financial advisory services firm (as a percent) | 98% | 89% | |
Other Portfolio investments | Investment Owned, At Fair Value | Investment Type Concentration Risk | |||
Schedule of Investments [Line Items] | |||
Concentration risk (as a percent) | 3.30% | 2.80% | |
Other Portfolio investments | Investment Owned, At Cost | Investment Type Concentration Risk | |||
Schedule of Investments [Line Items] | |||
Concentration risk (as a percent) | 4% | 3.20% |
SUMMARY OF SIGNIFICANT ACCOUN_5
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Schedule of Investment Income (Details) - USD ($) $ in Thousands | 12 Months Ended | ||
Dec. 31, 2023 | Dec. 31, 2022 | Dec. 31, 2021 | |
Accounting Policies [Abstract] | |||
Interest income | $ 390,737 | $ 284,746 | $ 193,667 |
Dividend income | 94,796 | 76,375 | 81,153 |
Fee income | 14,852 | 15,739 | 14,227 |
Total interest, fee and dividend income | $ 500,385 | $ 376,860 | $ 289,047 |
FAIR VALUE HIERARCHY FOR INVE_3
FAIR VALUE HIERARCHY FOR INVESTMENTS—PORTFOLIO COMPOSITION - Narrative (Details) $ in Thousands | 12 Months Ended | ||||
Dec. 31, 2023 USD ($) company investment entity | Dec. 31, 2022 USD ($) entity company investment | Dec. 31, 2021 USD ($) | |||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | |||||
Expenses allocated | $ 22,050 | $ 12,965 | $ 10,277 | ||
Achieved total return on investments (as a percent) | 0.163 | 0.111 | |||
Fair value | $ 4,286,271 | [1] | $ 4,102,177 | [2] | |
Cost | $ 3,725,960 | [3] | $ 3,773,752 | [4] | |
Investment Owned, At Fair Value | Investment Type Concentration Risk | |||||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | |||||
Concentration risk (as a percent) | 100% | 100% | |||
Investment Owned, At Cost | Investment Type Concentration Risk | |||||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | |||||
Concentration risk (as a percent) | 100% | 100% | |||
External Investment Manager | Related Party | |||||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | |||||
Expenses allocated | $ 22,100 | $ 13,000 | $ 10,300 | ||
Short-term portfolio investments | |||||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | |||||
Number of investments | investment | 0 | 1 | |||
Short-term portfolio investments | Maximum | Debt investments | |||||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | |||||
Investment term (in years) | 1 year | ||||
LMM portfolio investments | |||||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | |||||
Number of portfolio companies | company | 80 | 78 | |||
Fair value | $ 2,273,000 | $ 2,060,500 | |||
Cost | $ 1,782,900 | $ 1,719,900 | |||
LMM portfolio investments | Investment Owned, At Fair Value | Investment Type Concentration Risk | |||||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | |||||
Concentration risk (as a percent) | 95% | 94% | |||
LMM portfolio investments | Debt investments | Investment Owned, At Cost | Investment Type Concentration Risk | |||||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | |||||
Concentration risk (as a percent) | 72% | 73.70% | |||
LMM portfolio investments | Minimum | |||||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | |||||
Annual revenues | $ 10,000 | ||||
Investments | $ 5,000 | ||||
LMM portfolio investments | Minimum | Debt investments | |||||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | |||||
Investment term (in years) | 5 years | ||||
LMM portfolio investments | Maximum | |||||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | |||||
Annual revenues | $ 150,000 | ||||
LMM portfolio investments | Maximum | Debt investments | |||||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | |||||
Investment term (in years) | 7 years | ||||
Private Loan portfolio investments | |||||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | |||||
Number of portfolio companies | company | 87 | 85 | |||
Fair value | $ 1,453,500 | $ 1,471,500 | |||
Cost | $ 1,470,100 | $ 1,500,300 | |||
Private Loan portfolio investments | Investment Owned, At Fair Value | Investment Type Concentration Risk | |||||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | |||||
Concentration risk (as a percent) | 82% | 76% | |||
Private Loan portfolio investments | Debt investments | Investment Owned, At Cost | Investment Type Concentration Risk | |||||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | |||||
Concentration risk (as a percent) | 94.70% | 97.10% | |||
Private Loan portfolio investments | Minimum | |||||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | |||||
Investments | $ 10,000 | ||||
Private Loan portfolio investments | Minimum | Debt investments | |||||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | |||||
Investment term (in years) | 3 years | ||||
Private Loan portfolio investments | Maximum | |||||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | |||||
Investments | $ 75,000 | ||||
Private Loan portfolio investments | Maximum | Debt investments | |||||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | |||||
Investment term (in years) | 7 years | ||||
Middle Market portfolio investments | |||||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | |||||
Number of portfolio companies | company | 23 | 31 | |||
Fair value | $ 243,700 | $ 329,100 | |||
Cost | $ 294,400 | $ 401,700 | |||
Middle Market portfolio investments | Debt investments | Investment Owned, At Cost | Investment Type Concentration Risk | |||||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | |||||
Concentration risk (as a percent) | 91.40% | 93.80% | |||
Middle Market portfolio investments | Minimum | |||||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | |||||
Annual revenues | $ 150,000 | ||||
Investments | $ 3,000 | ||||
Middle Market portfolio investments | Minimum | Debt investments | |||||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | |||||
Investment term (in years) | 3 years | ||||
Middle Market portfolio investments | Maximum | |||||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | |||||
Annual revenues | $ 1,500,000 | ||||
Investments | $ 25,000 | ||||
Middle Market portfolio investments | Maximum | Debt investments | |||||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | |||||
Investment term (in years) | 7 years | ||||
Other Portfolio investments | |||||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | |||||
Number of portfolio companies | entity | 15 | 14 | |||
Fair value | $ 142,000 | $ 116,300 | |||
Cost | $ 149,100 | $ 120,400 | |||
Other Portfolio investments | Investment Owned, At Fair Value | Investment Type Concentration Risk | |||||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | |||||
Concentration risk (as a percent) | 3.30% | 2.80% | |||
Other Portfolio investments | Investment Owned, At Cost | Investment Type Concentration Risk | |||||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | |||||
Concentration risk (as a percent) | 4% | 3.20% | |||
Other Portfolio investments | Minimum | Debt investments | |||||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | |||||
Investment term (in years) | 5 years | ||||
Other Portfolio investments | Maximum | Debt investments | |||||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | |||||
Investment term (in years) | 10 years | ||||
External Investment Manager | |||||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | |||||
Fair value | $ 174,100 | $ 122,900 | |||
Cost | $ 29,500 | $ 29,500 | |||
External Investment Manager | Investment Owned, At Fair Value | Investment Type Concentration Risk | |||||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | |||||
Concentration risk (as a percent) | 4.10% | 3% | |||
External Investment Manager | Investment Owned, At Cost | Investment Type Concentration Risk | |||||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | |||||
Concentration risk (as a percent) | 0.80% | 0.80% | |||
[1] Investment fair value was determined using significant unobservable inputs, unless otherwise noted. See Note C — Fair Value Hierarchy for Investments — Portfolio Composition for further discussion. Negative fair value is the result of the capitalized discount on the loan or the unfunded commitment being valued below par. Investment fair value was determined using significant unobservable inputs, unless otherwise noted. See Note C — Fair Value Hierarchy for Investments — Portfolio Composition for further discussion. Negative fair value is the result of the capitalized discount on the loan or the unfunded commitment being valued below par. Principal is net of repayments. Cost is net of repayments and accumulated unearned income. Negative cost is the result of the capitalized discount being greater than the principal amount outstanding on the loan. Principal is net of repayments. Cost is net of repayments and accumulated unearned income. Negative cost is the result of the capitalized discount being greater than the principal amount outstanding on the loan. |
FAIR VALUE HIERARCHY FOR INVE_4
FAIR VALUE HIERARCHY FOR INVESTMENTS—PORTFOLIO COMPOSITION - Schedule of Level 3 Portfolio Investments (Details) $ in Thousands | Dec. 31, 2023 USD ($) | Dec. 31, 2022 USD ($) | ||
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] | ||||
Total Level 3 investments | $ 4,286,271 | [1] | $ 4,102,177 | [2] |
Significant Unobservable Inputs (Level 3) | ||||
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] | ||||
Total Level 3 investments | $ 4,286,271 | $ 4,100,273 | ||
Significant Unobservable Inputs (Level 3) | EBITDA multiple, outlier | Minimum | ||||
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] | ||||
Measurement input | 2 | 2 | ||
Significant Unobservable Inputs (Level 3) | EBITDA multiple, outlier | Maximum | ||||
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] | ||||
Measurement input | 15.7 | 15.7 | ||
Significant Unobservable Inputs (Level 3) | Risk adjusted discount factor, outlier | Minimum | ||||
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] | ||||
Measurement input | 0.070 | 0.065 | ||
Significant Unobservable Inputs (Level 3) | Risk adjusted discount factor, outlier | Maximum | ||||
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] | ||||
Measurement input | 0.316 | 0.433 | ||
Significant Unobservable Inputs (Level 3) | Market Comparable / Enterprise Value | Fee multiple | External Investment Manager | Related Party | ||||
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] | ||||
Measurement input | 7.2 | 6.1 | ||
Significant Unobservable Inputs (Level 3) | Equity investments | Discounted Cash Flow | ||||
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] | ||||
Total Level 3 investments | $ 1,402,354 | $ 1,172,077 | ||
Significant Unobservable Inputs (Level 3) | Equity investments | Discounted Cash Flow | WACC | Minimum | ||||
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] | ||||
Measurement input | 0.097 | 0.094 | ||
Significant Unobservable Inputs (Level 3) | Equity investments | Discounted Cash Flow | WACC | Maximum | ||||
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] | ||||
Measurement input | 0.227 | 0.225 | ||
Significant Unobservable Inputs (Level 3) | Equity investments | Discounted Cash Flow | WACC | Weighted Average | ||||
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] | ||||
Measurement input | 0.145 | 0.145 | ||
Significant Unobservable Inputs (Level 3) | Equity investments | Discounted Cash Flow | WACC | Median | ||||
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] | ||||
Measurement input | 0.155 | 0.154 | ||
Significant Unobservable Inputs (Level 3) | Equity investments | Market Comparable / Enterprise Value | EBITDA multiple | Minimum | ||||
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] | ||||
Measurement input | 4.8 | 4.3 | ||
Significant Unobservable Inputs (Level 3) | Equity investments | Market Comparable / Enterprise Value | EBITDA multiple | Maximum | ||||
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] | ||||
Measurement input | 8.9 | 8.3 | ||
Significant Unobservable Inputs (Level 3) | Equity investments | Market Comparable / Enterprise Value | EBITDA multiple | Weighted Average | ||||
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] | ||||
Measurement input | 7.1 | 6.7 | ||
Significant Unobservable Inputs (Level 3) | Equity investments | Market Comparable / Enterprise Value | EBITDA multiple | Median | ||||
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] | ||||
Measurement input | 6.4 | 6 | ||
Significant Unobservable Inputs (Level 3) | Debt investments | Discounted Cash Flow | ||||
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] | ||||
Total Level 3 investments | $ 2,720,425 | $ 2,663,958 | ||
Significant Unobservable Inputs (Level 3) | Debt investments | Discounted Cash Flow | Risk adjusted discount factor | Minimum | ||||
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] | ||||
Measurement input | 0.098 | 0.085 | ||
Significant Unobservable Inputs (Level 3) | Debt investments | Discounted Cash Flow | Risk adjusted discount factor | Maximum | ||||
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] | ||||
Measurement input | 0.180 | 0.188 | ||
Significant Unobservable Inputs (Level 3) | Debt investments | Discounted Cash Flow | Risk adjusted discount factor | Weighted Average | ||||
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] | ||||
Measurement input | 0.129 | 0.122 | ||
Significant Unobservable Inputs (Level 3) | Debt investments | Discounted Cash Flow | Risk adjusted discount factor | Median | ||||
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] | ||||
Measurement input | 0.130 | 0.124 | ||
Significant Unobservable Inputs (Level 3) | Debt investments | Discounted Cash Flow | Expected principal recovery percentage | Minimum | ||||
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] | ||||
Measurement input | 0 | 0 | ||
Significant Unobservable Inputs (Level 3) | Debt investments | Discounted Cash Flow | Expected principal recovery percentage | Maximum | ||||
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] | ||||
Measurement input | 1 | 1 | ||
Significant Unobservable Inputs (Level 3) | Debt investments | Discounted Cash Flow | Expected principal recovery percentage | Weighted Average | ||||
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] | ||||
Measurement input | 0.997 | 0.994 | ||
Significant Unobservable Inputs (Level 3) | Debt investments | Discounted Cash Flow | Expected principal recovery percentage | Median | ||||
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] | ||||
Measurement input | 1 | 1 | ||
Significant Unobservable Inputs (Level 3) | Debt investments | Market Approach | ||||
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] | ||||
Total Level 3 investments | $ 163,492 | $ 264,238 | ||
Significant Unobservable Inputs (Level 3) | Debt investments | Market Approach | Third-party quote | Minimum | ||||
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] | ||||
Measurement input | 3 | 5.6 | ||
Significant Unobservable Inputs (Level 3) | Debt investments | Market Approach | Third-party quote | Maximum | ||||
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] | ||||
Measurement input | 100 | 98.5 | ||
Significant Unobservable Inputs (Level 3) | Debt investments | Market Approach | Third-party quote | Weighted Average | ||||
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] | ||||
Measurement input | 89.8 | 87 | ||
Significant Unobservable Inputs (Level 3) | Debt investments | Market Approach | Third-party quote | Median | ||||
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] | ||||
Measurement input | 92.4 | 91.4 | ||
[1] Investment fair value was determined using significant unobservable inputs, unless otherwise noted. See Note C — Fair Value Hierarchy for Investments — Portfolio Composition for further discussion. Negative fair value is the result of the capitalized discount on the loan or the unfunded commitment being valued below par. Investment fair value was determined using significant unobservable inputs, unless otherwise noted. See Note C — Fair Value Hierarchy for Investments — Portfolio Composition for further discussion. Negative fair value is the result of the capitalized discount on the loan or the unfunded commitment being valued below par. |
FAIR VALUE HIERARCHY FOR INVE_5
FAIR VALUE HIERARCHY FOR INVESTMENTS—PORTFOLIO COMPOSITION - Schedule of Changes in Fair Value of Level 3 Portfolio Investments (Details) - USD ($) $ in Thousands | 12 Months Ended | |
Dec. 31, 2023 | Dec. 31, 2022 | |
Investments | ||
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] | ||
Beginning balance | $ 4,100,273 | $ 3,559,837 |
Transfers Into Level 3 Hierarchy | 0 | 0 |
Redemptions/ Repayments | (938,613) | (646,592) |
New Investments | 892,879 | 1,161,118 |
Other | (82) | 0 |
Ending balance | 4,286,271 | 4,100,273 |
Investments | Net Changes from Unrealized to Realized | ||
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] | ||
Gain (loss) included in earnings | 118,212 | 5,606 |
Investments | Net Unrealized Appreciation (Depreciation) | ||
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] | ||
Gain (loss) included in earnings | 113,602 | 20,303 |
Debt | ||
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] | ||
Beginning balance | 2,928,196 | 2,509,568 |
Transfers Into Level 3 Hierarchy | 0 | 0 |
Redemptions/ Repayments | (891,359) | (590,740) |
New Investments | 800,838 | 1,085,808 |
Other | (43,888) | (6,936) |
Ending balance | 2,883,917 | 2,928,196 |
Debt | Net Changes from Unrealized to Realized | ||
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] | ||
Gain (loss) included in earnings | 114,759 | 19,674 |
Debt | Net Unrealized Appreciation (Depreciation) | ||
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] | ||
Gain (loss) included in earnings | (24,629) | (89,178) |
Equity | ||
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] | ||
Beginning balance | 1,166,643 | 1,043,709 |
Transfers Into Level 3 Hierarchy | 0 | 0 |
Redemptions/ Repayments | (46,829) | (55,197) |
New Investments | 89,950 | 74,274 |
Other | 46,382 | 6,936 |
Ending balance | 1,395,744 | 1,166,643 |
Equity | Net Changes from Unrealized to Realized | ||
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] | ||
Gain (loss) included in earnings | 3,028 | (12,234) |
Equity | Net Unrealized Appreciation (Depreciation) | ||
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] | ||
Gain (loss) included in earnings | 136,570 | 109,154 |
Equity Warrant | ||
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] | ||
Beginning balance | 5,434 | 6,560 |
Transfers Into Level 3 Hierarchy | 0 | 0 |
Redemptions/ Repayments | (425) | (655) |
New Investments | 2,091 | 1,036 |
Other | (2,576) | 0 |
Ending balance | 6,610 | 5,434 |
Equity Warrant | Net Changes from Unrealized to Realized | ||
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] | ||
Gain (loss) included in earnings | 425 | (1,834) |
Equity Warrant | Net Unrealized Appreciation (Depreciation) | ||
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] | ||
Gain (loss) included in earnings | $ 1,661 | $ 327 |
FAIR VALUE HIERARCHY FOR INVE_6
FAIR VALUE HIERARCHY FOR INVESTMENTS—PORTFOLIO COMPOSITION - Schedule of Fair Value Hierarchy (Details) - USD ($) $ in Thousands | Dec. 31, 2023 | Dec. 31, 2022 | ||
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] | ||||
Investments at fair value | $ 4,286,271 | [1] | $ 4,102,177 | [2] |
Fair Value, Recurring | ||||
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] | ||||
Investments at fair value | 4,286,271 | 4,102,177 | ||
LMM portfolio investments | Fair Value, Recurring | ||||
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] | ||||
Investments at fair value | 2,273,000 | 2,060,459 | ||
Private Loan portfolio investments | Fair Value, Recurring | ||||
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] | ||||
Investments at fair value | 1,453,549 | 1,471,466 | ||
Middle Market portfolio investments | Fair Value, Recurring | ||||
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] | ||||
Investments at fair value | 243,695 | 329,119 | ||
Other Portfolio investments | Fair Value, Recurring | ||||
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] | ||||
Investments at fair value | 141,964 | 116,299 | ||
External Investment Manager | Fair Value, Recurring | ||||
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] | ||||
Investments at fair value | 174,063 | 122,930 | ||
Short-term portfolio investments | Fair Value, Recurring | ||||
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] | ||||
Investments at fair value | 1,904 | |||
Quoted Prices in Active Markets for Identical Assets (Level 1) | Fair Value, Recurring | ||||
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] | ||||
Investments at fair value | 0 | 0 | ||
Quoted Prices in Active Markets for Identical Assets (Level 1) | LMM portfolio investments | Fair Value, Recurring | ||||
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] | ||||
Investments at fair value | 0 | 0 | ||
Quoted Prices in Active Markets for Identical Assets (Level 1) | Private Loan portfolio investments | Fair Value, Recurring | ||||
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] | ||||
Investments at fair value | 0 | 0 | ||
Quoted Prices in Active Markets for Identical Assets (Level 1) | Middle Market portfolio investments | Fair Value, Recurring | ||||
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] | ||||
Investments at fair value | 0 | 0 | ||
Quoted Prices in Active Markets for Identical Assets (Level 1) | Other Portfolio investments | Fair Value, Recurring | ||||
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] | ||||
Investments at fair value | 0 | 0 | ||
Quoted Prices in Active Markets for Identical Assets (Level 1) | External Investment Manager | Fair Value, Recurring | ||||
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] | ||||
Investments at fair value | 0 | 0 | ||
Quoted Prices in Active Markets for Identical Assets (Level 1) | Short-term portfolio investments | Fair Value, Recurring | ||||
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] | ||||
Investments at fair value | 0 | |||
Significant Other Observable Inputs (Level 2) | Fair Value, Recurring | ||||
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] | ||||
Investments at fair value | 0 | 1,904 | ||
Significant Other Observable Inputs (Level 2) | LMM portfolio investments | Fair Value, Recurring | ||||
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] | ||||
Investments at fair value | 0 | 0 | ||
Significant Other Observable Inputs (Level 2) | Private Loan portfolio investments | Fair Value, Recurring | ||||
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] | ||||
Investments at fair value | 0 | 0 | ||
Significant Other Observable Inputs (Level 2) | Middle Market portfolio investments | Fair Value, Recurring | ||||
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] | ||||
Investments at fair value | 0 | 0 | ||
Significant Other Observable Inputs (Level 2) | Other Portfolio investments | Fair Value, Recurring | ||||
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] | ||||
Investments at fair value | 0 | 0 | ||
Significant Other Observable Inputs (Level 2) | External Investment Manager | Fair Value, Recurring | ||||
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] | ||||
Investments at fair value | 0 | 0 | ||
Significant Other Observable Inputs (Level 2) | Short-term portfolio investments | Fair Value, Recurring | ||||
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] | ||||
Investments at fair value | 1,904 | |||
Significant Unobservable Inputs (Level 3) | ||||
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] | ||||
Investments at fair value | 4,286,271 | 4,100,273 | ||
Significant Unobservable Inputs (Level 3) | Fair Value, Recurring | ||||
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] | ||||
Investments at fair value | 4,286,271 | 4,100,273 | ||
Significant Unobservable Inputs (Level 3) | LMM portfolio investments | Fair Value, Recurring | ||||
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] | ||||
Investments at fair value | 2,273,000 | 2,060,459 | ||
Significant Unobservable Inputs (Level 3) | Private Loan portfolio investments | Fair Value, Recurring | ||||
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] | ||||
Investments at fair value | 1,453,549 | 1,471,466 | ||
Significant Unobservable Inputs (Level 3) | Middle Market portfolio investments | Fair Value, Recurring | ||||
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] | ||||
Investments at fair value | 243,695 | 329,119 | ||
Significant Unobservable Inputs (Level 3) | Other Portfolio investments | Fair Value, Recurring | ||||
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] | ||||
Investments at fair value | 141,964 | 116,299 | ||
Significant Unobservable Inputs (Level 3) | External Investment Manager | Fair Value, Recurring | ||||
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] | ||||
Investments at fair value | $ 174,063 | 122,930 | ||
Significant Unobservable Inputs (Level 3) | Short-term portfolio investments | Fair Value, Recurring | ||||
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] | ||||
Investments at fair value | $ 0 | |||
[1] Investment fair value was determined using significant unobservable inputs, unless otherwise noted. See Note C — Fair Value Hierarchy for Investments — Portfolio Composition for further discussion. Negative fair value is the result of the capitalized discount on the loan or the unfunded commitment being valued below par. Investment fair value was determined using significant unobservable inputs, unless otherwise noted. See Note C — Fair Value Hierarchy for Investments — Portfolio Composition for further discussion. Negative fair value is the result of the capitalized discount on the loan or the unfunded commitment being valued below par. |
FAIR VALUE HIERARCHY FOR INVE_7
FAIR VALUE HIERARCHY FOR INVESTMENTS—PORTFOLIO COMPOSITION - Schedule of Investments (Details) $ in Thousands | 12 Months Ended | |||
Dec. 31, 2023 USD ($) company | Dec. 31, 2022 USD ($) company | |||
Summary of Investment Holdings [Line Items] | ||||
Fair value | $ 4,286,271 | [1] | $ 4,102,177 | [2] |
Cost | $ 3,725,960 | [3] | $ 3,773,752 | [4] |
Investment Owned, At Cost | Investment Type Concentration Risk | ||||
Summary of Investment Holdings [Line Items] | ||||
Concentration risk (as a percent) | 100% | 100% | ||
Investment Owned, At Cost | Non-accrual Status | Investment Type Concentration Risk | ||||
Summary of Investment Holdings [Line Items] | ||||
Concentration risk (as a percent) | 2.30% | 3.70% | ||
Equity investments | Investment Owned, At Cost | Investment Type Concentration Risk | ||||
Summary of Investment Holdings [Line Items] | ||||
Concentration risk (as a percent) | 16.80% | 14.20% | ||
First lien debt | Investment Owned, At Cost | Investment Type Concentration Risk | ||||
Summary of Investment Holdings [Line Items] | ||||
Concentration risk (as a percent) | 82.70% | 85% | ||
LMM portfolio investments | ||||
Summary of Investment Holdings [Line Items] | ||||
Number of portfolio companies | company | 80 | 78 | ||
Fair value | $ 2,273,000 | $ 2,060,500 | ||
Cost | $ 1,782,900 | $ 1,719,900 | ||
Weighted-average annual effective yield | 13% | 12.30% | ||
Average EBITDA | $ 8,200 | $ 8,000 | ||
Diluted equity ownership (as a percent) | 40% | 41% | ||
Investment company, number of companies within portfolio excluded from EBITDA calculation | company | 2 | 3 | ||
LMM portfolio investments | Non-accrual Status | ||||
Summary of Investment Holdings [Line Items] | ||||
Weighted-average annual effective yield (as a percent) | 12.90% | 11.60% | ||
LMM portfolio investments | Debt investments | Investment Owned, At Cost | Investment Type Concentration Risk | ||||
Summary of Investment Holdings [Line Items] | ||||
Concentration risk (as a percent) | 72% | 73.70% | ||
LMM portfolio investments | Equity investments | Investment Owned, At Cost | Investment Type Concentration Risk | ||||
Summary of Investment Holdings [Line Items] | ||||
Concentration risk (as a percent) | 28% | 26.30% | ||
LMM portfolio investments | First lien debt | Investment Owned, At Cost | Investment Type Concentration Risk | ||||
Summary of Investment Holdings [Line Items] | ||||
Concentration risk (as a percent) | 99.20% | 99.10% | ||
Private Loan portfolio investments | ||||
Summary of Investment Holdings [Line Items] | ||||
Number of portfolio companies | company | 87 | 85 | ||
Fair value | $ 1,453,500 | $ 1,471,500 | ||
Cost | $ 1,470,100 | $ 1,500,300 | ||
Weighted-average annual effective yield | 12.90% | 11.60% | ||
Average EBITDA | $ 27,200 | $ 38,100 | ||
Investment company, number of companies within portfolio excluded from EBITDA calculation | company | 2 | 2 | ||
Private Loan portfolio investments | Non-accrual Status | ||||
Summary of Investment Holdings [Line Items] | ||||
Weighted-average annual effective yield (as a percent) | 12.50% | 11.20% | ||
Private Loan portfolio investments | Debt investments | Investment Owned, At Cost | Investment Type Concentration Risk | ||||
Summary of Investment Holdings [Line Items] | ||||
Concentration risk (as a percent) | 94.70% | 97.10% | ||
Private Loan portfolio investments | Equity investments | Investment Owned, At Cost | Investment Type Concentration Risk | ||||
Summary of Investment Holdings [Line Items] | ||||
Concentration risk (as a percent) | 5.30% | 2.90% | ||
Private Loan portfolio investments | First lien debt | Investment Owned, At Cost | Investment Type Concentration Risk | ||||
Summary of Investment Holdings [Line Items] | ||||
Concentration risk (as a percent) | 100% | 99.60% | ||
Middle Market portfolio investments | ||||
Summary of Investment Holdings [Line Items] | ||||
Number of portfolio companies | company | 23 | 31 | ||
Fair value | $ 243,700 | $ 329,100 | ||
Cost | $ 294,400 | $ 401,700 | ||
Weighted-average annual effective yield | 12.50% | 11% | ||
Average EBITDA | $ 64,200 | $ 68,700 | ||
Middle Market portfolio investments | Non-accrual Status | ||||
Summary of Investment Holdings [Line Items] | ||||
Weighted-average annual effective yield (as a percent) | 10.80% | 10.30% | ||
Middle Market portfolio investments | Debt investments | Investment Owned, At Cost | Investment Type Concentration Risk | ||||
Summary of Investment Holdings [Line Items] | ||||
Concentration risk (as a percent) | 91.40% | 93.80% | ||
Middle Market portfolio investments | Equity investments | Investment Owned, At Cost | Investment Type Concentration Risk | ||||
Summary of Investment Holdings [Line Items] | ||||
Concentration risk (as a percent) | 8.60% | 6.20% | ||
Middle Market portfolio investments | First lien debt | Investment Owned, At Cost | Investment Type Concentration Risk | ||||
Summary of Investment Holdings [Line Items] | ||||
Concentration risk (as a percent) | 99.10% | 98.80% | ||
[1] Investment fair value was determined using significant unobservable inputs, unless otherwise noted. See Note C — Fair Value Hierarchy for Investments — Portfolio Composition for further discussion. Negative fair value is the result of the capitalized discount on the loan or the unfunded commitment being valued below par. Investment fair value was determined using significant unobservable inputs, unless otherwise noted. See Note C — Fair Value Hierarchy for Investments — Portfolio Composition for further discussion. Negative fair value is the result of the capitalized discount on the loan or the unfunded commitment being valued below par. Principal is net of repayments. Cost is net of repayments and accumulated unearned income. Negative cost is the result of the capitalized discount being greater than the principal amount outstanding on the loan. Principal is net of repayments. Cost is net of repayments and accumulated unearned income. Negative cost is the result of the capitalized discount being greater than the principal amount outstanding on the loan. |
FAIR VALUE HIERARCHY FOR INVE_8
FAIR VALUE HIERARCHY FOR INVESTMENTS—PORTFOLIO COMPOSITION - Schedule of Percentage of Portfolio Investments by Type of Investment (Details) - Investment Type Concentration Risk | 12 Months Ended | |
Dec. 31, 2023 | Dec. 31, 2022 | |
Investment Owned, At Cost | ||
Fair Value Measurement Inputs and Valuation Techniques [Line Items] | ||
Concentration risk (as a percent) | 100% | 100% |
Investment Owned, At Cost | First lien debt | ||
Fair Value Measurement Inputs and Valuation Techniques [Line Items] | ||
Concentration risk (as a percent) | 82.70% | 85% |
Investment Owned, At Cost | Equity | ||
Fair Value Measurement Inputs and Valuation Techniques [Line Items] | ||
Concentration risk (as a percent) | 16.80% | 14.20% |
Investment Owned, At Cost | Second lien debt | ||
Fair Value Measurement Inputs and Valuation Techniques [Line Items] | ||
Concentration risk (as a percent) | 0.10% | 0.30% |
Investment Owned, At Cost | Equity Warrant | ||
Fair Value Measurement Inputs and Valuation Techniques [Line Items] | ||
Concentration risk (as a percent) | 0.20% | 0.20% |
Investment Owned, At Cost | Other | ||
Fair Value Measurement Inputs and Valuation Techniques [Line Items] | ||
Concentration risk (as a percent) | 0.20% | 0.30% |
Investment Owned, At Fair Value | ||
Fair Value Measurement Inputs and Valuation Techniques [Line Items] | ||
Concentration risk (as a percent) | 100% | 100% |
Investment Owned, At Fair Value | First lien debt | ||
Fair Value Measurement Inputs and Valuation Techniques [Line Items] | ||
Concentration risk (as a percent) | 71.60% | 75.20% |
Investment Owned, At Fair Value | Equity | ||
Fair Value Measurement Inputs and Valuation Techniques [Line Items] | ||
Concentration risk (as a percent) | 27.80% | 24.10% |
Investment Owned, At Fair Value | Second lien debt | ||
Fair Value Measurement Inputs and Valuation Techniques [Line Items] | ||
Concentration risk (as a percent) | 0.20% | 0.30% |
Investment Owned, At Fair Value | Equity Warrant | ||
Fair Value Measurement Inputs and Valuation Techniques [Line Items] | ||
Concentration risk (as a percent) | 0.20% | 0.10% |
Investment Owned, At Fair Value | Other | ||
Fair Value Measurement Inputs and Valuation Techniques [Line Items] | ||
Concentration risk (as a percent) | 0.20% | 0.30% |
FAIR VALUE HIERARCHY FOR INVE_9
FAIR VALUE HIERARCHY FOR INVESTMENTS—PORTFOLIO COMPOSITION - Schedule of Percentage of Portfolio Investments by Geographical Regions (Details) - Geographic Concentration Risk | 12 Months Ended | |
Dec. 31, 2023 | Dec. 31, 2022 | |
Investment Owned, At Cost | ||
Fair Value Measurement Inputs and Valuation Techniques [Line Items] | ||
Concentration risk (as a percent) | 100% | 100% |
Investment Owned, At Cost | West | ||
Fair Value Measurement Inputs and Valuation Techniques [Line Items] | ||
Concentration risk (as a percent) | 25.80% | 28.50% |
Investment Owned, At Cost | Northeast | ||
Fair Value Measurement Inputs and Valuation Techniques [Line Items] | ||
Concentration risk (as a percent) | 22.30% | 19% |
Investment Owned, At Cost | Southwest | ||
Fair Value Measurement Inputs and Valuation Techniques [Line Items] | ||
Concentration risk (as a percent) | 19.70% | 20.10% |
Investment Owned, At Cost | Midwest | ||
Fair Value Measurement Inputs and Valuation Techniques [Line Items] | ||
Concentration risk (as a percent) | 17% | 16.30% |
Investment Owned, At Cost | Southeast | ||
Fair Value Measurement Inputs and Valuation Techniques [Line Items] | ||
Concentration risk (as a percent) | 13.10% | 14% |
Investment Owned, At Cost | Canada | ||
Fair Value Measurement Inputs and Valuation Techniques [Line Items] | ||
Concentration risk (as a percent) | 0.40% | 0.60% |
Investment Owned, At Cost | Other Non-United States | ||
Fair Value Measurement Inputs and Valuation Techniques [Line Items] | ||
Concentration risk (as a percent) | 1.70% | 1.50% |
Investment Owned, At Fair Value | ||
Fair Value Measurement Inputs and Valuation Techniques [Line Items] | ||
Concentration risk (as a percent) | 100% | 100% |
Investment Owned, At Fair Value | West | ||
Fair Value Measurement Inputs and Valuation Techniques [Line Items] | ||
Concentration risk (as a percent) | 25.40% | 28.70% |
Investment Owned, At Fair Value | Northeast | ||
Fair Value Measurement Inputs and Valuation Techniques [Line Items] | ||
Concentration risk (as a percent) | 21.30% | 18.80% |
Investment Owned, At Fair Value | Southwest | ||
Fair Value Measurement Inputs and Valuation Techniques [Line Items] | ||
Concentration risk (as a percent) | 22% | 21.40% |
Investment Owned, At Fair Value | Midwest | ||
Fair Value Measurement Inputs and Valuation Techniques [Line Items] | ||
Concentration risk (as a percent) | 18.10% | 16.60% |
Investment Owned, At Fair Value | Southeast | ||
Fair Value Measurement Inputs and Valuation Techniques [Line Items] | ||
Concentration risk (as a percent) | 11.30% | 12.40% |
Investment Owned, At Fair Value | Canada | ||
Fair Value Measurement Inputs and Valuation Techniques [Line Items] | ||
Concentration risk (as a percent) | 0.30% | 0.60% |
Investment Owned, At Fair Value | Other Non-United States | ||
Fair Value Measurement Inputs and Valuation Techniques [Line Items] | ||
Concentration risk (as a percent) | 1.60% | 1.50% |
FAIR VALUE HIERARCHY FOR INV_10
FAIR VALUE HIERARCHY FOR INVESTMENTS—PORTFOLIO COMPOSITION - Schedule of Percentage of Portfolio Investments by Industry Sector (Details) - Industry Concentration Risk | 12 Months Ended | |
Dec. 31, 2023 | Dec. 31, 2022 | |
Investment Owned, At Cost | ||
Fair Value Measurement Inputs and Valuation Techniques [Line Items] | ||
Concentration risk (as a percent) | 100% | 100% |
Investment Owned, At Cost | Machinery | ||
Fair Value Measurement Inputs and Valuation Techniques [Line Items] | ||
Concentration risk (as a percent) | 7.70% | 7.40% |
Investment Owned, At Cost | Internet Software & Services | ||
Fair Value Measurement Inputs and Valuation Techniques [Line Items] | ||
Concentration risk (as a percent) | 7.60% | 8% |
Investment Owned, At Cost | Professional Services | ||
Fair Value Measurement Inputs and Valuation Techniques [Line Items] | ||
Concentration risk (as a percent) | 6% | 4.20% |
Investment Owned, At Cost | Health Care Providers & Services | ||
Fair Value Measurement Inputs and Valuation Techniques [Line Items] | ||
Concentration risk (as a percent) | 5.40% | 4.70% |
Investment Owned, At Cost | IT Services | ||
Fair Value Measurement Inputs and Valuation Techniques [Line Items] | ||
Concentration risk (as a percent) | 5% | 3.30% |
Investment Owned, At Cost | Construction & Engineering | ||
Fair Value Measurement Inputs and Valuation Techniques [Line Items] | ||
Concentration risk (as a percent) | 4.90% | 5.80% |
Investment Owned, At Cost | Diversified Consumer Services | ||
Fair Value Measurement Inputs and Valuation Techniques [Line Items] | ||
Concentration risk (as a percent) | 4.90% | 4.50% |
Investment Owned, At Cost | Commercial Services & Supplies | ||
Fair Value Measurement Inputs and Valuation Techniques [Line Items] | ||
Concentration risk (as a percent) | 4.50% | 6.70% |
Investment Owned, At Cost | Distributors | ||
Fair Value Measurement Inputs and Valuation Techniques [Line Items] | ||
Concentration risk (as a percent) | 4.30% | 5.10% |
Investment Owned, At Cost | Containers & Packaging | ||
Fair Value Measurement Inputs and Valuation Techniques [Line Items] | ||
Concentration risk (as a percent) | 3.80% | 2.60% |
Investment Owned, At Cost | Textiles, Apparel & Luxury Goods | ||
Fair Value Measurement Inputs and Valuation Techniques [Line Items] | ||
Concentration risk (as a percent) | 3.20% | 1.90% |
Investment Owned, At Cost | Leisure Equipment & Products | ||
Fair Value Measurement Inputs and Valuation Techniques [Line Items] | ||
Concentration risk (as a percent) | 3.10% | 4.50% |
Investment Owned, At Cost | Tobacco | ||
Fair Value Measurement Inputs and Valuation Techniques [Line Items] | ||
Concentration risk (as a percent) | 3.10% | 3.10% |
Investment Owned, At Cost | Aerospace & Defense | ||
Fair Value Measurement Inputs and Valuation Techniques [Line Items] | ||
Concentration risk (as a percent) | 2.90% | 2.30% |
Investment Owned, At Cost | Energy Equipment & Services | ||
Fair Value Measurement Inputs and Valuation Techniques [Line Items] | ||
Concentration risk (as a percent) | 2.70% | 3.70% |
Investment Owned, At Cost | Computers & Peripherals | ||
Fair Value Measurement Inputs and Valuation Techniques [Line Items] | ||
Concentration risk (as a percent) | 2.70% | 2.20% |
Investment Owned, At Cost | Media | ||
Fair Value Measurement Inputs and Valuation Techniques [Line Items] | ||
Concentration risk (as a percent) | 2.40% | 2.40% |
Investment Owned, At Cost | Specialty Retail | ||
Fair Value Measurement Inputs and Valuation Techniques [Line Items] | ||
Concentration risk (as a percent) | 2.10% | 3.20% |
Investment Owned, At Cost | Software | ||
Fair Value Measurement Inputs and Valuation Techniques [Line Items] | ||
Concentration risk (as a percent) | 2% | 1.90% |
Investment Owned, At Cost | Building Products | ||
Fair Value Measurement Inputs and Valuation Techniques [Line Items] | ||
Concentration risk (as a percent) | 1.70% | 1.90% |
Investment Owned, At Cost | Diversified Financial Services | ||
Fair Value Measurement Inputs and Valuation Techniques [Line Items] | ||
Concentration risk (as a percent) | 1.70% | 1.50% |
Investment Owned, At Cost | Electrical Equipment | ||
Fair Value Measurement Inputs and Valuation Techniques [Line Items] | ||
Concentration risk (as a percent) | 1.60% | 1% |
Investment Owned, At Cost | Auto Components | ||
Fair Value Measurement Inputs and Valuation Techniques [Line Items] | ||
Concentration risk (as a percent) | 1.60% | 1.70% |
Investment Owned, At Cost | Food Products | ||
Fair Value Measurement Inputs and Valuation Techniques [Line Items] | ||
Concentration risk (as a percent) | 1.60% | 1.60% |
Investment Owned, At Cost | Food & Staples Retailing | ||
Fair Value Measurement Inputs and Valuation Techniques [Line Items] | ||
Concentration risk (as a percent) | 1.60% | 1.20% |
Investment Owned, At Cost | Electronic Equipment, Instruments & Components | ||
Fair Value Measurement Inputs and Valuation Techniques [Line Items] | ||
Concentration risk (as a percent) | 1.50% | 1.60% |
Investment Owned, At Cost | Internet & Catalog Retail | ||
Fair Value Measurement Inputs and Valuation Techniques [Line Items] | ||
Concentration risk (as a percent) | 1.30% | 1.30% |
Investment Owned, At Cost | Health Care Equipment & Supplies | ||
Fair Value Measurement Inputs and Valuation Techniques [Line Items] | ||
Concentration risk (as a percent) | 1.30% | 1.30% |
Investment Owned, At Cost | Communications Equipment | ||
Fair Value Measurement Inputs and Valuation Techniques [Line Items] | ||
Concentration risk (as a percent) | 1.20% | 1.80% |
Investment Owned, At Cost | Hotels, Restaurants & Leisure | ||
Fair Value Measurement Inputs and Valuation Techniques [Line Items] | ||
Concentration risk (as a percent) | 1.10% | 1.10% |
Investment Owned, At Cost | Chemicals | ||
Fair Value Measurement Inputs and Valuation Techniques [Line Items] | ||
Concentration risk (as a percent) | 1% | 1.10% |
Investment Owned, At Cost | Household Products | ||
Fair Value Measurement Inputs and Valuation Techniques [Line Items] | ||
Concentration risk (as a percent) | 1% | 0.40% |
Investment Owned, At Cost | Diversified Telecommunication Services | ||
Fair Value Measurement Inputs and Valuation Techniques [Line Items] | ||
Concentration risk (as a percent) | 0.30% | 1.90% |
Investment Owned, At Cost | Other | ||
Fair Value Measurement Inputs and Valuation Techniques [Line Items] | ||
Concentration risk (as a percent) | 3.20% | 3.10% |
Investment Owned, At Fair Value | ||
Fair Value Measurement Inputs and Valuation Techniques [Line Items] | ||
Concentration risk (as a percent) | 100% | 100% |
Investment Owned, At Fair Value | Machinery | ||
Fair Value Measurement Inputs and Valuation Techniques [Line Items] | ||
Concentration risk (as a percent) | 8.80% | 8.40% |
Investment Owned, At Fair Value | Internet Software & Services | ||
Fair Value Measurement Inputs and Valuation Techniques [Line Items] | ||
Concentration risk (as a percent) | 6.20% | 6.80% |
Investment Owned, At Fair Value | Professional Services | ||
Fair Value Measurement Inputs and Valuation Techniques [Line Items] | ||
Concentration risk (as a percent) | 6.50% | 3.80% |
Investment Owned, At Fair Value | Health Care Providers & Services | ||
Fair Value Measurement Inputs and Valuation Techniques [Line Items] | ||
Concentration risk (as a percent) | 5% | 4.30% |
Investment Owned, At Fair Value | IT Services | ||
Fair Value Measurement Inputs and Valuation Techniques [Line Items] | ||
Concentration risk (as a percent) | 4.60% | 3.10% |
Investment Owned, At Fair Value | Construction & Engineering | ||
Fair Value Measurement Inputs and Valuation Techniques [Line Items] | ||
Concentration risk (as a percent) | 5.10% | 5.70% |
Investment Owned, At Fair Value | Diversified Consumer Services | ||
Fair Value Measurement Inputs and Valuation Techniques [Line Items] | ||
Concentration risk (as a percent) | 7.10% | 6.80% |
Investment Owned, At Fair Value | Commercial Services & Supplies | ||
Fair Value Measurement Inputs and Valuation Techniques [Line Items] | ||
Concentration risk (as a percent) | 3.90% | 6.10% |
Investment Owned, At Fair Value | Distributors | ||
Fair Value Measurement Inputs and Valuation Techniques [Line Items] | ||
Concentration risk (as a percent) | 4.50% | 5.50% |
Investment Owned, At Fair Value | Containers & Packaging | ||
Fair Value Measurement Inputs and Valuation Techniques [Line Items] | ||
Concentration risk (as a percent) | 3.90% | 2.80% |
Investment Owned, At Fair Value | Textiles, Apparel & Luxury Goods | ||
Fair Value Measurement Inputs and Valuation Techniques [Line Items] | ||
Concentration risk (as a percent) | 2.60% | 1.80% |
Investment Owned, At Fair Value | Leisure Equipment & Products | ||
Fair Value Measurement Inputs and Valuation Techniques [Line Items] | ||
Concentration risk (as a percent) | 2.50% | 4% |
Investment Owned, At Fair Value | Tobacco | ||
Fair Value Measurement Inputs and Valuation Techniques [Line Items] | ||
Concentration risk (as a percent) | 3.20% | 3.40% |
Investment Owned, At Fair Value | Aerospace & Defense | ||
Fair Value Measurement Inputs and Valuation Techniques [Line Items] | ||
Concentration risk (as a percent) | 2.70% | 2.20% |
Investment Owned, At Fair Value | Energy Equipment & Services | ||
Fair Value Measurement Inputs and Valuation Techniques [Line Items] | ||
Concentration risk (as a percent) | 2.50% | 2.70% |
Investment Owned, At Fair Value | Computers & Peripherals | ||
Fair Value Measurement Inputs and Valuation Techniques [Line Items] | ||
Concentration risk (as a percent) | 4.40% | 3% |
Investment Owned, At Fair Value | Media | ||
Fair Value Measurement Inputs and Valuation Techniques [Line Items] | ||
Concentration risk (as a percent) | 2.70% | 3% |
Investment Owned, At Fair Value | Specialty Retail | ||
Fair Value Measurement Inputs and Valuation Techniques [Line Items] | ||
Concentration risk (as a percent) | 2.70% | 3.50% |
Investment Owned, At Fair Value | Software | ||
Fair Value Measurement Inputs and Valuation Techniques [Line Items] | ||
Concentration risk (as a percent) | 2.10% | 2.10% |
Investment Owned, At Fair Value | Building Products | ||
Fair Value Measurement Inputs and Valuation Techniques [Line Items] | ||
Concentration risk (as a percent) | 1.50% | 1.90% |
Investment Owned, At Fair Value | Diversified Financial Services | ||
Fair Value Measurement Inputs and Valuation Techniques [Line Items] | ||
Concentration risk (as a percent) | 1.60% | 1.70% |
Investment Owned, At Fair Value | Electrical Equipment | ||
Fair Value Measurement Inputs and Valuation Techniques [Line Items] | ||
Concentration risk (as a percent) | 1.70% | 1% |
Investment Owned, At Fair Value | Auto Components | ||
Fair Value Measurement Inputs and Valuation Techniques [Line Items] | ||
Concentration risk (as a percent) | 1.50% | 1.60% |
Investment Owned, At Fair Value | Food Products | ||
Fair Value Measurement Inputs and Valuation Techniques [Line Items] | ||
Concentration risk (as a percent) | 1.50% | 1.80% |
Investment Owned, At Fair Value | Food & Staples Retailing | ||
Fair Value Measurement Inputs and Valuation Techniques [Line Items] | ||
Concentration risk (as a percent) | 1.20% | 1.10% |
Investment Owned, At Fair Value | Internet & Catalog Retail | ||
Fair Value Measurement Inputs and Valuation Techniques [Line Items] | ||
Concentration risk (as a percent) | 1.20% | 1.30% |
Investment Owned, At Fair Value | Health Care Equipment & Supplies | ||
Fair Value Measurement Inputs and Valuation Techniques [Line Items] | ||
Concentration risk (as a percent) | 1% | 1% |
Investment Owned, At Fair Value | Chemicals | ||
Fair Value Measurement Inputs and Valuation Techniques [Line Items] | ||
Concentration risk (as a percent) | 0.90% | 1.10% |
Investment Owned, At Fair Value | Diversified Telecommunication Services | ||
Fair Value Measurement Inputs and Valuation Techniques [Line Items] | ||
Concentration risk (as a percent) | 0.20% | 1.80% |
Investment Owned, At Fair Value | Other | ||
Fair Value Measurement Inputs and Valuation Techniques [Line Items] | ||
Concentration risk (as a percent) | 4.60% | 4.80% |
Investment Owned, At Fair Value | Air Freight & Logistics | ||
Fair Value Measurement Inputs and Valuation Techniques [Line Items] | ||
Concentration risk (as a percent) | 1.10% | 0.90% |
Investment Owned, At Fair Value | Construction Materials | ||
Fair Value Measurement Inputs and Valuation Techniques [Line Items] | ||
Concentration risk (as a percent) | 1% | 1% |
EXTERNAL INVESTMENT MANAGER - N
EXTERNAL INVESTMENT MANAGER - Narrative (Details) - USD ($) $ in Thousands | 12 Months Ended | ||
Dec. 31, 2023 | Dec. 31, 2022 | Dec. 31, 2021 | |
Related Party Transaction [Line Items] | |||
Net investment income | $ 339,019 | $ 245,327 | $ 182,665 |
External Investment Manager | |||
Related Party Transaction [Line Items] | |||
Net investment income | $ 33,400 | $ 22,300 | $ 16,500 |
Related Party | External Investment Manager | Advisory Agreement | |||
Related Party Transaction [Line Items] | |||
Management and service fees (as a percent) | 1.75% | ||
Management and service fees, incentive rate (as a percent) | 20% |
EXTERNAL INVESTMENT MANAGER - S
EXTERNAL INVESTMENT MANAGER - Schedule of Balance Sheet (Details) - USD ($) $ in Thousands | Dec. 31, 2023 | Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | Dec. 31, 2019 | Dec. 31, 2018 | Dec. 31, 2017 | Dec. 31, 2016 | Dec. 31, 2015 | Dec. 31, 2014 |
Investment Company, Nonconsolidated Subsidiary [Line Items] | ||||||||||
Total assets | $ 4,443,570 | $ 4,241,885 | ||||||||
Dividend payable to MSCC and its subsidiaries | 20,368 | 17,676 | ||||||||
Equity | 2,477,399 | 2,108,586 | $ 1,788,846 | $ 1,514,767 | $ 1,536,390 | $ 1,476,049 | $ 1,380,368 | $ 1,201,481 | $ 1,070,894 | $ 939,982 |
Total liabilities and net assets | 4,443,570 | 4,241,885 | ||||||||
External Investment Manager | ||||||||||
Investment Company, Nonconsolidated Subsidiary [Line Items] | ||||||||||
Accounts receivable - advisory clients | 10,777 | 8,130 | ||||||||
Intangible Asset | 29,500 | 29,500 | ||||||||
Total assets | 40,277 | 37,630 | ||||||||
Accounts payable to MSCC and its subsidiaries | 7,551 | 4,455 | ||||||||
Dividend payable to MSCC and its subsidiaries | 3,226 | 3,675 | ||||||||
Equity | 29,500 | 29,500 | ||||||||
Total liabilities and net assets | $ 40,277 | $ 37,630 |
EXTERNAL INVESTMENT MANAGER -_2
EXTERNAL INVESTMENT MANAGER - Schedule of Statement of Operations (Details) - USD ($) $ in Thousands | 12 Months Ended | ||
Dec. 31, 2023 | Dec. 31, 2022 | Dec. 31, 2021 | |
Investment Company, Nonconsolidated Subsidiary [Line Items] | |||
Total expenses | $ (161,366) | $ (131,533) | $ (106,382) |
Tax expense | (22,642) | (23,325) | (32,863) |
NET INCREASE IN NET ASSETS RESULTING FROM OPERATIONS | 428,447 | 241,606 | 330,762 |
External Investment Manager | |||
Investment Company, Nonconsolidated Subsidiary [Line Items] | |||
Total revenues | 36,474 | 24,897 | 18,287 |
Salaries, share-based compensation and other personnel costs | (18,794) | (10,129) | (8,417) |
Other G&A expenses | (3,256) | (2,835) | (1,860) |
Total allocated expenses | (22,050) | (12,964) | (10,277) |
Other direct G&A expenses | (260) | 0 | 0 |
Total expenses | (22,310) | (12,964) | (10,277) |
Pre-tax income | 14,164 | 11,933 | 8,010 |
Tax expense | (2,855) | (2,636) | (1,795) |
NET INCREASE IN NET ASSETS RESULTING FROM OPERATIONS | 11,309 | 9,297 | 6,215 |
External Investment Manager | Management fee income | |||
Investment Company, Nonconsolidated Subsidiary [Line Items] | |||
Total revenues | 22,424 | 21,776 | 17,665 |
External Investment Manager | Incentive fees | |||
Investment Company, Nonconsolidated Subsidiary [Line Items] | |||
Total revenues | 13,442 | 2,516 | 622 |
External Investment Manager | Administrative services fees | |||
Investment Company, Nonconsolidated Subsidiary [Line Items] | |||
Total revenues | $ 608 | $ 605 | $ 0 |
DEBT - Schedule of Debt (Detail
DEBT - Schedule of Debt (Details) - USD ($) | Dec. 31, 2023 | Dec. 31, 2022 |
Debt Instrument [Line Items] | ||
Outstanding Balance | $ 1,810,000,000 | $ 2,007,000,000 |
Unamortized Debt Issuance (Costs)/ Premiums | (7,656,000) | (7,898,000) |
Recorded Value | 1,802,344,000 | 1,999,102,000 |
Estimated Fair Value | 1,704,974,000 | 1,882,810,000 |
Line of Credit | Revolving Credit Facility | ||
Debt Instrument [Line Items] | ||
Recorded Value | 360,000,000 | 607,000,000 |
Line of Credit | Revolving Credit Facility | Corporate Facility | ||
Debt Instrument [Line Items] | ||
Outstanding Balance | 200,000,000 | 407,000,000 |
Unamortized Debt Issuance (Costs)/ Premiums | 0 | 0 |
Recorded Value | 200,000,000 | 407,000,000 |
Estimated Fair Value | 200,000,000 | 407,000,000 |
Line of Credit | Revolving Credit Facility | SPV Facility | ||
Debt Instrument [Line Items] | ||
Outstanding Balance | 160,000,000 | 200,000,000 |
Unamortized Debt Issuance (Costs)/ Premiums | 0 | 0 |
Recorded Value | 160,000,000 | 200,000,000 |
Estimated Fair Value | 160,000,000 | 200,000,000 |
Line of Credit | Revolving Credit Facility | July 2026 Notes | ||
Debt Instrument [Line Items] | ||
Outstanding Balance | 500,000,000 | |
Unsecured Notes | Corporate Facility | ||
Debt Instrument [Line Items] | ||
Outstanding Balance | 200,000,000 | |
Unsecured Notes | July 2026 Notes | ||
Debt Instrument [Line Items] | ||
Outstanding Balance | 500,000,000 | 500,000,000 |
Unamortized Debt Issuance (Costs)/ Premiums | (1,338,000) | (1,864,000) |
Recorded Value | 498,662,000 | 498,136,000 |
Estimated Fair Value | 458,105,000 | 434,250,000 |
Unsecured Notes | May 2024 Notes | ||
Debt Instrument [Line Items] | ||
Outstanding Balance | 450,000,000 | 450,000,000 |
Unamortized Debt Issuance (Costs)/ Premiums | 182,000 | 727,000 |
Recorded Value | 450,182,000 | 450,727,000 |
Estimated Fair Value | 447,246,000 | 444,749,000 |
Unsecured Notes | SBIC Debentures | ||
Debt Instrument [Line Items] | ||
Outstanding Balance | 350,000,000 | 350,000,000 |
Unamortized Debt Issuance (Costs)/ Premiums | (5,465,000) | (6,086,000) |
Recorded Value | 344,535,000 | 343,914,000 |
Estimated Fair Value | 288,468,000 | 290,204,000 |
Unsecured Notes | December 2025 Notes | ||
Debt Instrument [Line Items] | ||
Outstanding Balance | 150,000,000 | 100,000,000 |
Unamortized Debt Issuance (Costs)/ Premiums | (1,035,000) | (675,000) |
Recorded Value | 148,965,000 | 99,325,000 |
Estimated Fair Value | $ 151,155,000 | $ 106,607,000 |
DEBT - Schedule of Interest Exp
DEBT - Schedule of Interest Expense (Details) - USD ($) $ in Thousands | 12 Months Ended | ||
Dec. 31, 2023 | Dec. 31, 2022 | Dec. 31, 2021 | |
Debt Instrument [Line Items] | |||
Total interest expense | $ 102,575 | $ 78,276 | $ 58,836 |
Line of Credit | Revolving Credit Facility | Corporate Facility | |||
Debt Instrument [Line Items] | |||
Total interest expense | 26,605 | 18,820 | 5,204 |
Line of Credit | Revolving Credit Facility | SPV Facility | |||
Debt Instrument [Line Items] | |||
Total interest expense | 14,491 | 1,375 | 0 |
Unsecured Notes | July 2026 Notes | |||
Debt Instrument [Line Items] | |||
Total interest expense | 15,526 | 15,526 | 10,988 |
Unsecured Notes | May 2024 Notes | |||
Debt Instrument [Line Items] | |||
Total interest expense | 22,855 | 22,855 | 22,855 |
Unsecured Notes | SBIC Debentures | |||
Debt Instrument [Line Items] | |||
Total interest expense | 11,394 | 11,337 | 10,857 |
Unsecured Notes | December 2025 Notes | |||
Debt Instrument [Line Items] | |||
Total interest expense | 11,704 | 174 | 0 |
Unsecured Notes | December 2022 Notes | |||
Debt Instrument [Line Items] | |||
Total interest expense | $ 0 | $ 8,189 | $ 8,932 |
DEBT - Corporate Facility Narra
DEBT - Corporate Facility Narrative (Details) - Line of Credit - Revolving Credit Facility - Corporate Facility | 12 Months Ended | |
Dec. 31, 2023 USD ($) lender | Dec. 31, 2022 | |
Line of Credit Facility [Line Items] | ||
Line of credit facility, maximum borrowing capacity | $ 995,000,000 | |
Line of credit facility, number of lenders | lender | 18 | |
Line of credit facility, maximum borrowing capacity including accordion feature | $ 1,400,000,000 | |
Debt instrument, credit spread adjustment (as a percent) | 0.10% | |
Line of credit facility, unused capacity, commitment fee (as a percent) | 0.25% | |
Interest rate (as a percent) | 7.30% | |
Average interest rate (as a percent) | 7% | 3.60% |
Minimum | SOFR | ||
Line of Credit Facility [Line Items] | ||
Debt instrument, basis spread on variable rate (as a percent) | 1.875% | |
Minimum | Prime Rate | ||
Line of Credit Facility [Line Items] | ||
Debt instrument, basis spread on variable rate (as a percent) | 0.875% | |
Maximum | SOFR | ||
Line of Credit Facility [Line Items] | ||
Debt instrument, basis spread on variable rate (as a percent) | 2% | |
Maximum | Prime Rate | ||
Line of Credit Facility [Line Items] | ||
Debt instrument, basis spread on variable rate (as a percent) | 1% |
DEBT - SPV Facility Narrative (
DEBT - SPV Facility Narrative (Details) | 12 Months Ended | |
Dec. 31, 2023 USD ($) lender | Dec. 31, 2022 | |
Line of Credit | Revolving Credit Facility | ||
Line of Credit Facility [Line Items] | ||
Commitment fee (as a percent) | 3.40% | |
MSCC Funding I, LLC | ||
Line of Credit Facility [Line Items] | ||
Average interest rate (as a percent) | 7.60% | 6.70% |
MSCC Funding I, LLC | Line of Credit | Revolving Credit Facility | SPV Facility | ||
Line of Credit Facility [Line Items] | ||
Line of credit facility, maximum borrowing capacity | $ 430,000,000 | |
Debt instrument, number of lenders | lender | 6 | |
Line of credit facility, maximum borrowing capacity including accordion feature | $ 450,000,000 | |
Commitment fee (as a percent) | 35% | |
Interest rate (as a percent) | 7.90% | |
MSCC Funding I, LLC | Line of Credit | Revolving Credit Facility | SPV Facility | Minimum | ||
Line of Credit Facility [Line Items] | ||
Line of credit facility, unused capacity, commitment fee (as a percent) | 0.50% | |
MSCC Funding I, LLC | Line of Credit | Revolving Credit Facility | SPV Facility | Maximum | ||
Line of Credit Facility [Line Items] | ||
Line of credit facility, unused capacity, commitment fee (as a percent) | 0.75% | |
MSCC Funding I, LLC | Line of Credit | Revolving Credit Facility | SPV Facility | SOFR | ||
Line of Credit Facility [Line Items] | ||
Debt instrument, credit spread adjustment (as a percent) | 0.10% | |
MSCC Funding I, LLC | Line of Credit | Revolving Credit Facility | SPV Facility | Reinvestment Period | SOFR | ||
Line of Credit Facility [Line Items] | ||
Debt instrument, basis spread on variable rate (as a percent) | 2.50% | |
MSCC Funding I, LLC | Line of Credit | Revolving Credit Facility | SPV Facility | First year amortization Period | SOFR | ||
Line of Credit Facility [Line Items] | ||
Debt instrument, basis spread on variable rate (as a percent) | 2.625% | |
MSCC Funding I, LLC | Line of Credit | Revolving Credit Facility | SPV Facility | Second year amortization Period | SOFR | ||
Line of Credit Facility [Line Items] | ||
Debt instrument, basis spread on variable rate (as a percent) | 2.75% |
DEBT - Schedule of SPV Facility
DEBT - Schedule of SPV Facility Balance Sheet (Details) - USD ($) $ in Thousands | Dec. 31, 2023 | Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | Dec. 31, 2019 | Dec. 31, 2018 | Dec. 31, 2017 | Dec. 31, 2016 | Dec. 31, 2015 | Dec. 31, 2014 | ||
ASSETS | ||||||||||||
Investments at fair value | $ 4,286,271 | [1] | $ 4,102,177 | [2] | ||||||||
Non control investments, cost | 3,725,960 | [3] | 3,773,752 | [4] | ||||||||
Cash and cash equivalents | 60,083 | 49,121 | ||||||||||
Interest and dividend receivable and other assets | 89,337 | 82,731 | ||||||||||
Receivable for securities sold | 0 | 381 | ||||||||||
Deferred financing costs (net of accumulated amortization of $572 and $141 as of December 31, 2023 and 2022, respectively) | 7,879 | 7,475 | ||||||||||
Deferred financing costs, accumulated amortization | 12,329 | 10,603 | ||||||||||
Total assets | 4,443,570 | 4,241,885 | ||||||||||
LIABILITIES | ||||||||||||
Debt | 1,802,344 | 1,999,102 | ||||||||||
Accounts payable and other liabilities | 62,576 | 52,092 | ||||||||||
Interest payable | 17,025 | 16,580 | ||||||||||
Total liabilities | 1,966,171 | 2,133,299 | ||||||||||
NET ASSETS | ||||||||||||
Contributed capital | 2,270,549 | 2,030,531 | ||||||||||
Total undistributed earnings | 206,002 | 77,271 | ||||||||||
Total net assets | 2,477,399 | 2,108,586 | $ 1,788,846 | $ 1,514,767 | $ 1,536,390 | $ 1,476,049 | $ 1,380,368 | $ 1,201,481 | $ 1,070,894 | $ 939,982 | ||
Total liabilities and net assets | 4,443,570 | 4,241,885 | ||||||||||
MSCC Funding I, LLC | ||||||||||||
ASSETS | ||||||||||||
Cash and cash equivalents | 12,817 | 10,838 | ||||||||||
Interest and dividend receivable and other assets | 2,956 | 2,828 | ||||||||||
Accounts receivable to MSCC and its subsidiaries | 0 | 556 | ||||||||||
Receivable for securities sold | 0 | 369 | ||||||||||
Deferred financing costs (net of accumulated amortization of $572 and $141 as of December 31, 2023 and 2022, respectively) | 3,829 | 2,630 | ||||||||||
Deferred financing costs, accumulated amortization | 783 | 141 | ||||||||||
Total assets | 336,994 | 333,728 | ||||||||||
LIABILITIES | ||||||||||||
Debt | 160,000 | 200,000 | ||||||||||
Accounts payable and other liabilities | 7,170 | 112 | ||||||||||
Interest payable | 1,135 | 1,272 | ||||||||||
Total liabilities | 168,305 | 201,384 | ||||||||||
NET ASSETS | ||||||||||||
Contributed capital | 138,163 | 126,010 | ||||||||||
Total undistributed earnings | 30,526 | 6,334 | ||||||||||
Total net assets | 168,689 | 132,344 | ||||||||||
Total liabilities and net assets | 336,994 | 333,728 | ||||||||||
Non‑Control/Non‑Affiliate investments | ||||||||||||
ASSETS | ||||||||||||
Investments at fair value | 1,664,571 | [1],[5] | 1,780,646 | [2],[6] | ||||||||
Non control investments, cost | 1,714,935 | [3],[5] | 1,867,414 | [4],[6] | ||||||||
Non‑Control/Non‑Affiliate investments | MSCC Funding I, LLC | ||||||||||||
ASSETS | ||||||||||||
Investments at fair value | 317,392 | 316,507 | ||||||||||
Non control investments, cost | $ 315,373 | $ 314,752 | ||||||||||
[1] Investment fair value was determined using significant unobservable inputs, unless otherwise noted. See Note C — Fair Value Hierarchy for Investments — Portfolio Composition for further discussion. Negative fair value is the result of the capitalized discount on the loan or the unfunded commitment being valued below par. Investment fair value was determined using significant unobservable inputs, unless otherwise noted. See Note C — Fair Value Hierarchy for Investments — Portfolio Composition for further discussion. Negative fair value is the result of the capitalized discount on the loan or the unfunded commitment being valued below par. Principal is net of repayments. Cost is net of repayments and accumulated unearned income. Negative cost is the result of the capitalized discount being greater than the principal amount outstanding on the loan. Principal is net of repayments. Cost is net of repayments and accumulated unearned income. Negative cost is the result of the capitalized discount being greater than the principal amount outstanding on the loan. Non-Control/Non-Affiliate investments are defined by the 1940 Act as investments that are neither Control investments nor Affiliate investments. Non-Control/Non-Affiliate investments are defined by the 1940 Act as investments that are neither Control investments nor Affiliate investments. |
DEBT - Schedule of SPV Facili_2
DEBT - Schedule of SPV Facility Statement of Operations (Details) - USD ($) $ in Thousands | 1 Months Ended | 12 Months Ended | ||
Dec. 31, 2022 | Dec. 31, 2023 | Dec. 31, 2022 | Dec. 31, 2021 | |
INVESTMENT INCOME: | ||||
Total investment income | $ 500,385 | $ 376,860 | $ 289,047 | |
EXPENSES: | ||||
Interest | (102,575) | (78,276) | (58,836) | |
General and administrative | (18,042) | (16,050) | (12,494) | |
Total expenses | (161,366) | (131,533) | (106,382) | |
NET INVESTMENT INCOME | 339,019 | 245,327 | 182,665 | |
NET UNREALIZED APPRECIATION (DEPRECIATION): | ||||
Total net unrealized appreciation | 232,577 | 24,816 | 135,624 | |
NET INCREASE IN NET ASSETS RESULTING FROM OPERATIONS | 428,447 | 241,606 | 330,762 | |
MSCC Funding I, LLC | ||||
INVESTMENT INCOME: | ||||
Total investment income | $ 3,454 | 40,152 | ||
EXPENSES: | ||||
Interest | (1,414) | (14,491) | ||
Management Fee to MSCC | (89) | (1,603) | ||
General and administrative | (25) | (130) | ||
Total expenses | (1,528) | (16,224) | ||
NET INVESTMENT INCOME | 1,926 | 23,928 | ||
NET UNREALIZED APPRECIATION (DEPRECIATION): | ||||
Total net unrealized appreciation | 4,408 | 264 | ||
NET INCREASE IN NET ASSETS RESULTING FROM OPERATIONS | 6,334 | 24,192 | ||
Non‑Control/Non‑Affiliate investments | ||||
INVESTMENT INCOME: | ||||
Total investment income | 233,406 | 165,930 | 115,492 | |
NET UNREALIZED APPRECIATION (DEPRECIATION): | ||||
Total net unrealized appreciation | 37,095 | $ (42,180) | $ 14,215 | |
Non‑Control/Non‑Affiliate investments | MSCC Funding I, LLC | ||||
INVESTMENT INCOME: | ||||
Total investment income | 3,454 | 40,152 | ||
NET UNREALIZED APPRECIATION (DEPRECIATION): | ||||
Total net unrealized appreciation | $ 4,408 | $ 264 |
DEBT - Notes_Due and SBIC Deben
DEBT - Notes Due and SBIC Debentures Narrative (Details) | 1 Months Ended | 12 Months Ended | |||||||
Oct. 31, 2021 USD ($) | Jan. 31, 2021 USD ($) | Jul. 31, 2020 USD ($) | Dec. 31, 2019 USD ($) | Apr. 30, 2019 USD ($) | Nov. 30, 2017 USD ($) | Dec. 31, 2023 USD ($) | Feb. 28, 2023 USD ($) | Dec. 31, 2022 USD ($) agency | |
Debt Instrument [Line Items] | |||||||||
Payable | $ 1,810,000,000 | $ 2,007,000,000 | |||||||
Recorded value | 1,802,344,000 | 1,999,102,000 | |||||||
Unsecured Notes | July 2026 Notes | |||||||||
Debt Instrument [Line Items] | |||||||||
Debt instrument, face amount | $ 200,000,000 | $ 300,000,000 | 500,000,000 | 500,000,000 | |||||
Debt instrument, interest rate, stated (as a percent) | 3% | ||||||||
Debt instrument, issuance price (as a percent) | 101.741% | 99.004% | |||||||
Payable | 500,000,000 | 500,000,000 | |||||||
Recorded value | 498,662,000 | 498,136,000 | |||||||
Unsecured Notes | May 2024 Notes | |||||||||
Debt Instrument [Line Items] | |||||||||
Debt instrument, face amount | $ 125,000,000 | $ 75,000,000 | $ 250,000,000 | 450,000,000 | 450,000,000 | ||||
Debt instrument, interest rate, stated (as a percent) | 5.20% | ||||||||
Debt instrument, issuance price (as a percent) | 102.70% | 105% | 99.125% | ||||||
Payable | 450,000,000 | 450,000,000 | |||||||
Recorded value | 450,182,000 | 450,727,000 | |||||||
Unsecured Notes | SBIC Debentures | |||||||||
Debt Instrument [Line Items] | |||||||||
Debt instrument, face amount | 350,000,000 | 350,000,000 | |||||||
Payable | $ 350,000,000 | $ 350,000,000 | |||||||
Debt instrument, term (in years) | 10 years | ||||||||
Debt instrument, weighted-average annual interest rate (as a percent) | 3% | 2.90% | |||||||
Debt instrument, remaining term (in years) | 4 years 7 months 6 days | ||||||||
Recorded value | $ 344,535,000 | $ 343,914,000 | |||||||
Unsecured Notes | SBIC Debentures | MSMF | |||||||||
Debt Instrument [Line Items] | |||||||||
Debt instrument, face amount | 175,000,000 | ||||||||
Recorded value | 172,000,000 | ||||||||
Unamortized debt issuance costs | 3,000,000 | ||||||||
Unsecured Notes | SBIC Debentures | MSC III | |||||||||
Debt Instrument [Line Items] | |||||||||
Debt instrument, face amount | 175,000,000 | ||||||||
Recorded value | 172,500,000 | ||||||||
Unamortized debt issuance costs | 2,500,000 | ||||||||
Unsecured Notes | SBIC Debentures | Maximum | |||||||||
Debt Instrument [Line Items] | |||||||||
Payable | 350,000,000 | ||||||||
Unsecured Notes | December 2025 Notes | |||||||||
Debt Instrument [Line Items] | |||||||||
Debt instrument, face amount | 150,000,000 | 100,000,000 | |||||||
Payable | 150,000,000 | 100,000,000 | |||||||
Recorded value | $ 148,965,000 | $ 99,325,000 | |||||||
Debt instrument, credit rating, below investment grade event, percentage of agencies (as a percent) | 67% | ||||||||
Debt instrument, secured debt ratio event | 0.35 | ||||||||
Unsecured Notes | December 2025 Notes | Minimum | |||||||||
Debt Instrument [Line Items] | |||||||||
Debt instrument, credit rating, below investment grade rating, number of agencies | agency | 1 | ||||||||
Unsecured Notes | December 2025 Notes | Maximum | |||||||||
Debt Instrument [Line Items] | |||||||||
Debt instrument, credit rating, below investment grade rating, number of agencies | agency | 2 | ||||||||
Unsecured Notes | December 2025 Series A Notes | |||||||||
Debt Instrument [Line Items] | |||||||||
Debt instrument, face amount | $ 100,000,000 | ||||||||
Debt instrument, interest rate, stated (as a percent) | 7.84% | ||||||||
Unsecured Notes | December 2025 Series B Notes | |||||||||
Debt Instrument [Line Items] | |||||||||
Debt instrument, face amount | $ 50,000,000 | ||||||||
Debt instrument, interest rate, stated (as a percent) | 7.53% | ||||||||
Unsecured Notes | December 2022 Notes | |||||||||
Debt Instrument [Line Items] | |||||||||
Debt instrument, face amount | $ 185,000,000 | ||||||||
Debt instrument, interest rate, stated (as a percent) | 4.50% | ||||||||
Debt instrument, issuance price (as a percent) | 99.16% |
DEBT - SBIC Debentures Schedule
DEBT - SBIC Debentures Schedule of Maturities Dates and Fixed Interest Rates (Details) - USD ($) | Dec. 31, 2023 | Dec. 31, 2022 |
Debt Instrument [Line Items] | ||
Debentures | $ 1,810,000,000 | $ 2,007,000,000 |
Unsecured Notes | 3.16% Fixed Interest Rate | ||
Debt Instrument [Line Items] | ||
Debt instrument, interest rate, stated (as a percent) | 3.16% | |
Debentures | $ 0 | 16,000,000 |
Unsecured Notes | 3.95% Fixed Interest Rate | ||
Debt Instrument [Line Items] | ||
Debt instrument, interest rate, stated (as a percent) | 3.95% | |
Debentures | $ 39,000,000 | 39,000,000 |
Unsecured Notes | 3.55% Fixed Interest Rate | ||
Debt Instrument [Line Items] | ||
Debt instrument, interest rate, stated (as a percent) | 3.55% | |
Debentures | $ 24,800,000 | 24,800,000 |
Unsecured Notes | 3.52% Fixed Interest Rate | ||
Debt Instrument [Line Items] | ||
Debt instrument, interest rate, stated (as a percent) | 3.52% | |
Debentures | $ 40,400,000 | 40,400,000 |
Unsecured Notes | 3.19% Fixed Interest Rate | ||
Debt Instrument [Line Items] | ||
Debt instrument, interest rate, stated (as a percent) | 3.19% | |
Debentures | $ 34,600,000 | 34,600,000 |
Unsecured Notes | 3.41% Fixed Interest Rate | ||
Debt Instrument [Line Items] | ||
Debt instrument, interest rate, stated (as a percent) | 3.41% | |
Debentures | $ 43,000,000 | 43,000,000 |
Unsecured Notes | 3.55% Fixed Interest Rate | ||
Debt Instrument [Line Items] | ||
Debt instrument, interest rate, stated (as a percent) | 3.55% | |
Debentures | $ 32,000,000 | 32,000,000 |
Unsecured Notes | 2.35% Fixed Interest Rate | ||
Debt Instrument [Line Items] | ||
Debt instrument, interest rate, stated (as a percent) | 2.35% | |
Debentures | $ 15,000,000 | 15,000,000 |
Unsecured Notes | 1.13% Fixed Interest Rate | ||
Debt Instrument [Line Items] | ||
Debt instrument, interest rate, stated (as a percent) | 1.13% | |
Debentures | $ 10,000,000 | 10,000,000 |
Unsecured Notes | 1.31% Fixed Interest Rate | ||
Debt Instrument [Line Items] | ||
Debt instrument, interest rate, stated (as a percent) | 1.31% | |
Debentures | $ 10,000,000 | 10,000,000 |
Unsecured Notes | 1.94% Fixed Interest Rate | ||
Debt Instrument [Line Items] | ||
Debt instrument, interest rate, stated (as a percent) | 1.94% | |
Debentures | $ 25,200,000 | 25,200,000 |
Unsecured Notes | 1.58% Fixed Interest Rate | ||
Debt Instrument [Line Items] | ||
Debt instrument, interest rate, stated (as a percent) | 1.58% | |
Debentures | $ 60,000,000 | 60,000,000 |
Unsecured Notes | 5.74% Fixed Interest Rate | ||
Debt Instrument [Line Items] | ||
Debt instrument, interest rate, stated (as a percent) | 5.74% | |
Debentures | $ 16,000,000 | 0 |
Unsecured Notes | SBIC Debentures | ||
Debt Instrument [Line Items] | ||
Debentures | $ 350,000,000 | $ 350,000,000 |
DEBT - Schedule of Contractual
DEBT - Schedule of Contractual Payment Obligations (Details) - USD ($) | Dec. 31, 2023 | Dec. 31, 2022 |
Debt Instrument [Line Items] | ||
2024 | $ 513,800,000 | |
2025 | 150,000,000 | |
2026 | 500,000,000 | |
2027 | 435,000,000 | |
2028 | 75,000,000 | |
Thereafter | 136,200,000 | |
Total | 1,810,000,000 | $ 2,007,000,000 |
Unsecured Notes | Corporate Facility | ||
Debt Instrument [Line Items] | ||
2024 | 0 | |
2025 | 0 | |
2026 | 0 | |
2027 | 200,000,000 | |
2028 | 0 | |
Thereafter | 0 | |
Total | 200,000,000 | |
Unsecured Notes | July 2026 Notes | ||
Debt Instrument [Line Items] | ||
Total | 500,000,000 | 500,000,000 |
Unsecured Notes | May 2024 Notes | ||
Debt Instrument [Line Items] | ||
2024 | 450,000,000 | |
2025 | 0 | |
2026 | 0 | |
2027 | 0 | |
2028 | 0 | |
Thereafter | 0 | |
Total | 450,000,000 | 450,000,000 |
Unsecured Notes | SBIC Debentures | ||
Debt Instrument [Line Items] | ||
2024 | 63,800,000 | |
2025 | 0 | |
2026 | 0 | |
2027 | 75,000,000 | |
2028 | 75,000,000 | |
Thereafter | 136,200,000 | |
Total | 350,000,000 | 350,000,000 |
Unsecured Notes | December 2025 Notes | ||
Debt Instrument [Line Items] | ||
2024 | 0 | |
2025 | 150,000,000 | |
2026 | 0 | |
2027 | 0 | |
2028 | 0 | |
Thereafter | 0 | |
Total | 150,000,000 | 100,000,000 |
Line of Credit | Revolving Credit Facility | Corporate Facility | ||
Debt Instrument [Line Items] | ||
Total | 200,000,000 | 407,000,000 |
Line of Credit | Revolving Credit Facility | SPV Facility | ||
Debt Instrument [Line Items] | ||
2024 | 0 | |
2025 | 0 | |
2026 | 0 | |
2027 | 160,000,000 | |
2028 | 0 | |
Thereafter | 0 | |
Total | 160,000,000 | $ 200,000,000 |
Line of Credit | Revolving Credit Facility | July 2026 Notes | ||
Debt Instrument [Line Items] | ||
2024 | 0 | |
2025 | 0 | |
2026 | 500,000,000 | |
2027 | 0 | |
2028 | 0 | |
Thereafter | 0 | |
Total | $ 500,000,000 |
FINANCIAL HIGHLIGHTS (Details)
FINANCIAL HIGHLIGHTS (Details) - USD ($) $ / shares in Units, $ in Thousands | 12 Months Ended | |||||||||
Dec. 31, 2023 | Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | Dec. 31, 2019 | Dec. 31, 2018 | Dec. 31, 2017 | Dec. 31, 2016 | Dec. 31, 2015 | Dec. 31, 2014 | |
Investment Company, Financial Highlights [Roll Forward] | ||||||||||
NAV at the beginning of the period (in dollars per share) | $ 26.86 | $ 25.29 | $ 22.35 | $ 23.91 | $ 24.09 | $ 23.53 | $ 22.10 | $ 21.24 | $ 20.85 | $ 19.89 |
Net investment income (in dollars per share) | 4.14 | 3.29 | 2.65 | 2.10 | 2.50 | 2.60 | 2.39 | 2.23 | 2.18 | 2.20 |
Net realized gain (loss) (in dollars per share) | (1.47) | (0.07) | 0.66 | (1.77) | (0.33) | (0.03) | 0.19 | 0.56 | (0.43) | 0.53 |
Net unrealized appreciation (depreciation) (in dollars per share) | 2.84 | 0.33 | 1.97 | (0.09) | (0.09) | 0.32 | 0.86 | (0.14) | 0.20 | (0.27) |
Income tax benefit (provision) (in dollars per share) | (0.28) | (0.31) | (0.48) | 0.21 | (0.02) | (0.09) | (0.43) | 0.02 | 0.18 | (0.15) |
Net increase in net assets resulting from operations (in dollars per share) | 5.23 | 3.24 | 4.80 | 0.45 | 2.06 | 2.80 | 3.01 | 2.67 | 2.13 | 2.31 |
Dividends paid from net investment income (in dollars per share) | (3.70) | (2.95) | (2.58) | (2.46) | (2.91) | (2.69) | (2.47) | (1.99) | (2.49) | (2.17) |
Distributions from capital gains (in dollars per share) | (0.16) | (0.32) | (0.74) | (0.16) | (0.38) | |||||
Dividends paid (in dollars per share) | (3.70) | (2.95) | (2.58) | (2.46) | (2.91) | (2.85) | (2.79) | (2.73) | (2.65) | (2.55) |
Impact of the net change in monthly dividends declared prior to the end of the period and paid in the subsequent period (in dollars per share) | (0.01) | (0.01) | (0.01) | 0 | (0.01) | (0.01) | (0.01) | (0.01) | (0.01) | (0.01) |
Accretive effect of stock offerings (issuing shares above NAV per share) (in dollars per share) | 0.67 | 1.17 | 0.58 | 0.41 | 0.55 | 0.47 | 1.07 | 0.76 | 0.74 | 1.07 |
Accretive effect of DRIP issuance (issuing shares above NAV per share) (in dollars per share) | 0.10 | 0.09 | 0.09 | 0.08 | 0.12 | 0.09 | 0.06 | 0.08 | 0.12 | 0.12 |
Other (in dollars per share) | 0.05 | 0.03 | 0.06 | (0.04) | 0.01 | 0.06 | 0.09 | 0.09 | 0.06 | 0.02 |
NAV at the end of the period (in dollars per share) | 29.20 | 26.86 | 25.29 | 22.35 | 23.91 | 24.09 | 23.53 | 22.10 | 21.24 | 20.85 |
Market value at the end of the period (in dollars per share) | $ 43.23 | $ 36.95 | $ 44.86 | $ 32.26 | $ 43.11 | $ 33.81 | $ 39.73 | $ 36.77 | $ 29.08 | $ 29.24 |
Shares outstanding at the end of the period (in shares) | 84,833,002 | 78,506,816 | 70,737,021 | 67,762,032 | 64,252,937 | 61,264,861 | 58,660,680 | 54,354,857 | 50,413,744 | 45,079,150 |
NAV at end of period | $ 2,477,399 | $ 2,108,586 | $ 1,788,846 | $ 1,514,767 | $ 1,536,390 | $ 1,476,049 | $ 1,380,368 | $ 1,201,481 | $ 1,070,894 | $ 939,982 |
Average NAV | 2,276,932 | 1,923,134 | 1,626,585 | 1,436,291 | 1,517,615 | 1,441,163 | 1,287,639 | 1,118,567 | 1,053,313 | 885,568 |
Average outstanding debt | $ 1,951,923 | $ 1,882,462 | $ 1,417,831 | $ 1,152,108 | $ 1,055,800 | $ 947,694 | $ 843,993 | $ 801,048 | $ 759,396 | $ 575,524 |
Investment Company, Ratio To Average Net Assets [Abstract] | ||||||||||
Ratio of total expenses, including income tax expense, to average NAV (as a percent) | 8.08% | 8.05% | 8.56% | 4.95% | 5.75% | 5.75% | 7.37% | 5.48% | 4.63% | 5.82% |
Ratio of operating expenses to average NAV (as a percent) | 7.09% | 6.84% | 6.54% | 5.89% | 5.67% | 5.32% | 5.47% | 5.59% | 5.45% | 5.11% |
Ratio of operating expenses, excluding interest expense, to average NAV (as a percent) | 2.58% | 2.77% | 2.92% | 2.44% | 2.36% | 2.30% | 2.63% | 2.58% | 2.41% | 2.44% |
Ratio of net investment income to average NAV (as a percent) | 14.89% | 12.76% | 11.23% | 9.60% | 10.37% | 10.87% | 10.51% | 10.35% | 10.15% | 10.79% |
Portfolio turnover ratio (as a percent) | 19.24% | 16.79% | 29.81% | 18% | 18.86% | 29.13% | 38.18% | 24.63% | 25.37% | 35.71% |
Total investment return (as a percent) | 28.23% | (11.18%) | 48.24% | (19.11%) | 36.86% | (8.25%) | 16.02% | 37.36% | 8.49% | (3.09%) |
Total return based on change in NAV (as a percent) | 20.32% | 13.51% | 21.84% | 1.91% | 8.78% | 12.19% | 14.20% | 12.97% | 11.11% | 12.71% |
Related Party | External Investment Manager | ||||||||||
Investment Company, Ratio To Average Net Assets [Abstract] | ||||||||||
Total expenses | $ 22,100 | $ 13,000 | $ (10,300) | $ 7,400 | $ 6,700 | $ 6,800 | $ 6,400 | $ 5,100 | $ 4,300 | $ 2,000 |
DIVIDENDS, DISTRIBUTIONS AND _3
DIVIDENDS, DISTRIBUTIONS AND TAXABLE INCOME - Narrative (Details) - USD ($) $ / shares in Units, $ in Thousands | 1 Months Ended | 3 Months Ended | 6 Months Ended | 12 Months Ended | |||||||||
Dec. 31, 2023 | Sep. 30, 2023 | Jun. 30, 2023 | Mar. 31, 2023 | Dec. 31, 2022 | Sep. 30, 2022 | Jun. 30, 2022 | Mar. 31, 2022 | Dec. 31, 2023 | Sep. 30, 2023 | Jun. 30, 2023 | Dec. 31, 2023 | Dec. 31, 2022 | |
Income Tax Disclosure [Abstract] | |||||||||||||
Monthly dividend, per share (in dollars per share) | $ 0.235 | $ 0.23 | $ 0.225 | ||||||||||
Monthly dividend | $ 224,300 | $ 192,300 | |||||||||||
Dividends, per share (in dollars per share) | $ 2.745 | $ 2.595 | |||||||||||
Monthly dividend, increase (decrease) (as a percent) | 5.80% | ||||||||||||
Supplemental dividend | $ 78,600 | $ 26,400 | |||||||||||
Supplemental dividend, per share (in dollars per share) | $ 0.275 | $ 0.275 | $ 0.225 | $ 0.175 | $ 0.10 | $ 0.10 | $ 0.075 | $ 0.075 | $ 0.95 | $ 0.35 | |||
Monthly and supplemental dividend | $ 302,900 | $ 218,700 | |||||||||||
Monthly and supplemental dividend, per share (in dollars per share) | $ 3.695 | $ 2.945 | |||||||||||
Monthly and supplemental dividend, increase (decrease) (as a percent) | 25.50% | ||||||||||||
Ordinary income (in dollars per share) | $ 3.394 | ||||||||||||
Qualified on dividend income (in dollars per share) | $ 0.301 | ||||||||||||
Undistributed taxable income | $ 76,500 | $ 76,500 | $ 76,500 | ||||||||||
Undistributed taxable income (in dollars per share) | $ 0.90 | ||||||||||||
Investments, cost for U.S. federal income tax | 3,602,700 | 3,602,700 | $ 3,602,700 | ||||||||||
Investments, net unrealized appreciation | 683,700 | 683,700 | 683,700 | ||||||||||
Investments, gross unrealized appreciation | 970,400 | 970,400 | 970,400 | ||||||||||
Investments, gross unrealized depreciation | (286,700) | (286,700) | (286,700) | ||||||||||
Net deferred tax liabilities | 63,858 | $ 47,849 | 63,858 | 63,858 | $ 47,849 | ||||||||
Tax credit carryforward | $ 60,300 | $ 60,300 | $ 60,300 |
DIVIDENDS, DISTRIBUTIONS AND _4
DIVIDENDS, DISTRIBUTIONS AND TAXABLE INCOME - Schedule of Tax Distributions (Details) - USD ($) $ in Thousands | 12 Months Ended | ||
Dec. 31, 2023 | Dec. 31, 2022 | Dec. 31, 2021 | |
Income Tax Disclosure [Abstract] | |||
Ordinary income | $ 278,165 | $ 195,238 | $ 129,625 |
Qualified dividends | 24,100 | 22,991 | 47,202 |
Distributions on tax basis | 302,265 | 218,229 | 176,827 |
Tax on compensation for services | $ 3,300 | $ 2,300 | $ 1,800 |
DIVIDENDS, DISTRIBUTIONS AND _5
DIVIDENDS, DISTRIBUTIONS AND TAXABLE INCOME - Schedule of Reconciliation to Taxable Income and to Total Distributions Declared to Common Stockholders (Details) - USD ($) $ in Thousands | 12 Months Ended | ||
Dec. 31, 2023 | Dec. 31, 2022 | Dec. 31, 2021 | |
Income Tax Disclosure [Abstract] | |||
Net increase in net assets resulting from operations | $ 428,447 | $ 241,606 | $ 330,762 |
Book-tax difference from share-based compensation expense | 962 | 142 | (3,213) |
Net unrealized appreciation | (232,577) | (24,816) | (135,624) |
Income tax provision | 22,642 | 23,325 | 32,863 |
Pre-tax book loss (income) not consolidated for tax purposes | 20,726 | (37,630) | (59,634) |
Book income and tax income differences, including debt origination, structuring fees, dividends, realized gains and changes in estimates | 72,389 | 17,043 | 39,819 |
Estimated taxable income | 312,589 | 219,670 | 204,973 |
Taxable income earned in prior year and carried forward for distribution in current year | 49,216 | 50,834 | 24,359 |
Taxable income earned prior to period end and carried forward for distribution next period | (76,510) | (66,892) | (65,994) |
Dividend payable as of period end and paid in the following period | 20,368 | 17,676 | 15,159 |
Total distributions accrued or paid to common stockholders | $ 305,663 | $ 221,288 | $ 178,497 |
DIVIDENDS, DISTRIBUTIONS AND _6
DIVIDENDS, DISTRIBUTIONS AND TAXABLE INCOME - Schedule of Provision for Income Taxes (Details) - USD ($) $ in Thousands | 12 Months Ended | ||
Dec. 31, 2023 | Dec. 31, 2022 | Dec. 31, 2021 | |
Current tax expense (benefit): | |||
Federal | $ 1,198 | $ 516 | $ (235) |
State | 2,245 | 1,845 | 3,377 |
Excise | 3,190 | 2,838 | 2,590 |
Total current tax expense | 6,633 | 5,199 | 5,732 |
Deferred tax expense: | |||
Federal | 14,181 | 13,176 | 23,205 |
State | 1,828 | 4,950 | 3,926 |
Total deferred tax expense | 16,009 | 18,126 | 27,131 |
Total income tax provision | $ 22,642 | $ 23,325 | $ 32,863 |
DIVIDENDS, DISTRIBUTIONS AND _7
DIVIDENDS, DISTRIBUTIONS AND TAXABLE INCOME - Schedule of Deferred Tax Assets and Liabilities (Details) - USD ($) $ in Thousands | Dec. 31, 2023 | Dec. 31, 2022 |
Deferred tax assets: | ||
Net operating loss carryforwards | $ 39,079 | $ 35,043 |
Interest expense carryforwards | 20,126 | 6,171 |
Other | 4,190 | 3,401 |
Total deferred tax assets | 63,395 | 44,615 |
Deferred tax liabilities: | ||
Net unrealized appreciation of portfolio investments | (90,981) | (64,219) |
Net basis differences in portfolio investments | (36,272) | (28,245) |
Total deferred tax liabilities | (127,253) | (92,464) |
Total deferred tax liabilities, net | $ (63,858) | $ (47,849) |
COMMON STOCK (Details)
COMMON STOCK (Details) - USD ($) $ / shares in Units, $ in Thousands | 1 Months Ended | 12 Months Ended | |||
Aug. 31, 2022 | Mar. 31, 2022 | Dec. 31, 2023 | Dec. 31, 2022 | Dec. 31, 2021 | |
Subsidiary, Sale of Stock [Line Items] | |||||
Proceeds from public offering of common stock, net of offering costs | $ 203,683 | $ 265,620 | $ 98,889 | ||
At-The-Market Offerings | |||||
Subsidiary, Sale of Stock [Line Items] | |||||
Sale of stock, number of shares issued in transaction (in shares) | 5,149,460 | 5,407,382 | 2,332,795 | ||
Proceeds from public offering of common stock, net of offering costs | $ 205,700 | $ 212,400 | $ 99,600 | ||
Sale of stock, consideration received on transaction, net | $ 203,300 | $ 209,900 | $ 98,400 | ||
Sale of stock, shares not yet settled (in shares) | 2,323 | ||||
Sale of stock, shares authorized under agreement (in shares) | 15,000,000 | ||||
Sale of stock, remaining number of shares authorized to be purchased (in shares) | 5,313,224 | ||||
At-The-Market Offerings | Weighted Average | |||||
Subsidiary, Sale of Stock [Line Items] | |||||
Sale of stock, price per share (in dollars per share) | $ 39.94 | $ 39.29 | $ 42.71 | ||
Public Equity Offering | |||||
Subsidiary, Sale of Stock [Line Items] | |||||
Sale of stock, number of shares issued in transaction (in shares) | 1,345,500 | ||||
Sale of stock, price per share (in dollars per share) | $ 42.85 | ||||
Sale of stock, consideration received on transaction, net | $ 55,100 | ||||
Over-Allotment Option | |||||
Subsidiary, Sale of Stock [Line Items] | |||||
Sale of stock, number of shares issued in transaction (in shares) | 175,500 |
DIVIDEND REINVESTMENT PLAN (Det
DIVIDEND REINVESTMENT PLAN (Details) - USD ($) $ in Thousands | 12 Months Ended | ||
Dec. 31, 2023 | Dec. 31, 2022 | Dec. 31, 2021 | |
Equity [Abstract] | |||
DRIP participation | $ 30,719 | $ 24,131 | $ 16,283 |
Shares issued for DRIP (in shares) | 765,427 | 625,196 | 404,384 |
SHARE-BASED COMPENSATION - Narr
SHARE-BASED COMPENSATION - Narrative (Details) - USD ($) $ in Thousands | 12 Months Ended | ||
Dec. 31, 2023 | Dec. 31, 2022 | Dec. 31, 2021 | |
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items] | |||
Share‑based compensation | $ 16,520 | $ 13,629 | $ 10,887 |
Share-based payment arrangement, nonvested award, vested fair value | 15,600 | 10,500 | 10,900 |
Restricted Stock | |||
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items] | |||
Share‑based compensation | 16,500 | $ 13,600 | $ 10,900 |
Share-based payment arrangement, nonvested award, excluding option, cost not yet recognized, amount | $ 26,300 | ||
Share-based payment arrangement, nonvested award, cost not yet recognized, period for recognition (in years) | 2 years 3 months 18 days | ||
Restricted Stock | Minimum | |||
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items] | |||
Vesting period (in years) | 3 years | ||
Restricted Stock | Maximum | |||
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items] | |||
Vesting period (in years) | 5 years | ||
Restricted Stock | Main Street Capital Corporation 2022 Equity and Incentive Plan | Minimum | |||
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items] | |||
Vesting period (in years) | 3 years | ||
Restricted Stock | Main Street Capital Corporation 2022 Equity and Incentive Plan | Maximum | |||
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items] | |||
Vesting period (in years) | 5 years |
SHARE-BASED COMPENSATION - Sche
SHARE-BASED COMPENSATION - Schedule of Restricted Stock Authorized and Available for Issuance (Details) - Restricted Stock | 12 Months Ended |
Dec. 31, 2023 shares | |
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items] | |
Less net restricted stock granted (in shares) | (551,730) |
Main Street Capital Corporation 2022 Equity and Incentive Plan | |
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items] | |
Restricted stock authorized under the plan (in shares) | 5,000,000 |
Less net restricted stock granted (in shares) | (558,807) |
Restricted stock available for issuance (in shares) | 4,441,193 |
Main Street Capital Corporation 2022 Non-Employee Director Restricted Stock Plan | Director | |
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items] | |
Restricted stock authorized under the plan (in shares) | 300,000 |
Less net restricted stock granted (in shares) | (7,525) |
Restricted stock available for issuance (in shares) | 292,475 |
SHARE-BASED COMPENSATION - Sc_2
SHARE-BASED COMPENSATION - Schedule of Restricted Share Awards (Details) - Restricted Stock - USD ($) $ / shares in Units, $ in Thousands | 12 Months Ended | |
Dec. 31, 2023 | Dec. 31, 2022 | |
Number of Shares | ||
Nonvested beginning balance (in shares) | 817,401 | |
Granted (in shares) | 551,730 | |
Vested (in shares) | (398,914) | |
Forfeited (in shares) | (11,992) | |
Nonvested ending balance (in shares) | 958,225 | 817,401 |
Aggregate intrinsic value | $ 41,424 | |
Weighted-Average Grant-Date Fair Value | ||
Nonvested beginning balance (in dollars per share) | $ 40.48 | $ 38.78 |
Granted (in dollars per share) | 39.43 | |
Vested (in dollars per share) | 39.20 | |
Forfeited (in dollars per share) | 40.47 | |
Nonvested ending balance (in dollars per share) | $ 40.48 | $ 38.78 |
Shares withheld for payroll taxes paid (in shares) | 151,058 | |
Share price (in dollars per share) | $ 43.23 | |
Minimum | ||
Weighted-Average Grant-Date Fair Value | ||
Vesting period (in years) | 3 years | |
Maximum | ||
Weighted-Average Grant-Date Fair Value | ||
Vesting period (in years) | 5 years |
COMMITMENTS AND CONTINGENCIES -
COMMITMENTS AND CONTINGENCIES - Schedule of Outstanding Commitments (Details) $ in Thousands | Dec. 31, 2023 USD ($) investment |
Other Commitments [Line Items] | |
Committed capital | $ 291,965 |
Investment, Identifier [Axis]: 2717 MH, L.P. | |
Other Commitments [Line Items] | |
Committed capital | 52 |
Investment, Identifier [Axis]: AAC Holdings, Inc. | |
Other Commitments [Line Items] | |
Committed capital | 200 |
Investment, Identifier [Axis]: AB Centers Acquisition Corporation | |
Other Commitments [Line Items] | |
Committed capital | 6,172 |
Investment, Identifier [Axis]: ATS Operating, LLC. | |
Other Commitments [Line Items] | |
Committed capital | 1,440 |
Investment, Identifier [Axis]: AVEX Aviation Holdings, LLC | |
Other Commitments [Line Items] | |
Committed capital | 3,684 |
Investment, Identifier [Axis]: Acousti Engineering Company of Florida | |
Other Commitments [Line Items] | |
Committed capital | 1,730 |
Investment, Identifier [Axis]: Acumera, Inc. | |
Other Commitments [Line Items] | |
Committed capital | 1,598 |
Investment, Identifier [Axis]: Adams Publishing Group, LLC | |
Other Commitments [Line Items] | |
Committed capital | 41 |
Investment, Identifier [Axis]: American Health Staffing Group, Inc. | |
Other Commitments [Line Items] | |
Committed capital | 1,333 |
Investment, Identifier [Axis]: Analytical Systems Keco Holdings, LLC | |
Other Commitments [Line Items] | |
Committed capital | 580 |
Investment, Identifier [Axis]: ArborWorks, LLC | |
Other Commitments [Line Items] | |
Committed capital | 2,779 |
Investment, Identifier [Axis]: Batjer TopCo, LLC | |
Other Commitments [Line Items] | |
Committed capital | 2,070 |
Investment, Identifier [Axis]: Bettercloud, Inc. | |
Other Commitments [Line Items] | |
Committed capital | 4,189 |
Investment, Identifier [Axis]: Bluestem Brands, Inc. | |
Other Commitments [Line Items] | |
Committed capital | 1,716 |
Investment, Identifier [Axis]: Bond Brand Loyalty ULC | |
Other Commitments [Line Items] | |
Committed capital | 1,427 |
Investment, Identifier [Axis]: Brightwood Capital Fund III, LP | |
Other Commitments [Line Items] | |
Committed capital | 649 |
Investment, Identifier [Axis]: Brightwood Capital Fund V, LP | |
Other Commitments [Line Items] | |
Committed capital | 3,000 |
Investment, Identifier [Axis]: Burning Glass Intermediate Holding Company, Inc. | |
Other Commitments [Line Items] | |
Committed capital | 1,859 |
Investment, Identifier [Axis]: CQ fluency, LLC | |
Other Commitments [Line Items] | |
Committed capital | 6,750 |
Investment, Identifier [Axis]: Career Team Holdings, LLC | |
Other Commitments [Line Items] | |
Committed capital | 1,800 |
Investment, Identifier [Axis]: CaseWorthy, Inc. | |
Other Commitments [Line Items] | |
Committed capital | 1,230 |
Investment, Identifier [Axis]: Centre Technologies Holdings, LLC | |
Other Commitments [Line Items] | |
Committed capital | 2,400 |
Investment, Identifier [Axis]: Chamberlin Holding LLC | |
Other Commitments [Line Items] | |
Committed capital | 1,600 |
Investment, Identifier [Axis]: Channel Partners Intermediateco, LLC | |
Other Commitments [Line Items] | |
Committed capital | 4,143 |
Investment, Identifier [Axis]: Clad-Rex Steel, LLC | |
Other Commitments [Line Items] | |
Committed capital | 400 |
Investment, Identifier [Axis]: Classic H&G Holdco, LLC | |
Other Commitments [Line Items] | |
Committed capital | 3,440 |
Investment, Identifier [Axis]: Cody Pools, Inc. | |
Other Commitments [Line Items] | |
Committed capital | 4,214 |
Investment, Identifier [Axis]: Cybermedia Technologies, LLC | |
Other Commitments [Line Items] | |
Committed capital | 2,000 |
Investment, Identifier [Axis]: Eastern Wholesale Fence LLC | |
Other Commitments [Line Items] | |
Committed capital | 3,495 |
Investment, Identifier [Axis]: Elgin AcquireCo, LLC | |
Other Commitments [Line Items] | |
Committed capital | 1,877 |
Investment, Identifier [Axis]: EnCap Equity - Fund XII, LP | |
Other Commitments [Line Items] | |
Committed capital | 10,000 |
Investment, Identifier [Axis]: Engineering Research & Consulting, LLC | |
Other Commitments [Line Items] | |
Committed capital | 2,621 |
Investment, Identifier [Axis]: Escalent, Inc. | |
Other Commitments [Line Items] | |
Committed capital | 1,326 |
Investment, Identifier [Axis]: Evergreen North America Acquisitions, LLC | |
Other Commitments [Line Items] | |
Committed capital | 927 |
Investment, Identifier [Axis]: Freeport Financial SBIC Fund LP | |
Other Commitments [Line Items] | |
Committed capital | 4,490 |
Investment, Identifier [Axis]: Freeport First Lien Loan Fund III LP | |
Other Commitments [Line Items] | |
Committed capital | 8,340 |
Investment, Identifier [Axis]: GRT Rubber Technologies LLC | |
Other Commitments [Line Items] | |
Committed capital | 950 |
Investment, Identifier [Axis]: GS HVAM Intermediate, LLC | |
Other Commitments [Line Items] | |
Committed capital | 727 |
Investment, Identifier [Axis]: GULF PACIFIC ACQUISITION, LLC | |
Other Commitments [Line Items] | |
Committed capital | 1,767 |
Investment, Identifier [Axis]: Gamber-Johnson Holdings, LLC | |
Other Commitments [Line Items] | |
Committed capital | 1,200 |
Investment, Identifier [Axis]: Garyline, LLC | |
Other Commitments [Line Items] | |
Committed capital | 8,824 |
Investment, Identifier [Axis]: Gulf Publishing Holdings, LLC | |
Other Commitments [Line Items] | |
Committed capital | 400 |
Investment, Identifier [Axis]: HEADLANDS OP-CO LLC | |
Other Commitments [Line Items] | |
Committed capital | 3,375 |
Investment, Identifier [Axis]: HPEP 3, L.P. | |
Other Commitments [Line Items] | |
Committed capital | 1,308 |
Investment, Identifier [Axis]: HPEP 4, L.P. | |
Other Commitments [Line Items] | |
Committed capital | 8,378 |
Investment, Identifier [Axis]: HPEP 423 COR, LP | |
Other Commitments [Line Items] | |
Committed capital | 600 |
Investment, Identifier [Axis]: IG Investor, LLC | |
Other Commitments [Line Items] | |
Committed capital | 4,000 |
Investment, Identifier [Axis]: IG Parent Corporation | |
Other Commitments [Line Items] | |
Committed capital | 2,500 |
Investment, Identifier [Axis]: ITA Holdings Group, LLC | |
Other Commitments [Line Items] | |
Committed capital | 1,466 |
Investment, Identifier [Axis]: Imaging Business Machines, L.L.C. | |
Other Commitments [Line Items] | |
Committed capital | 1,384 |
Investment, Identifier [Axis]: Infolinks Media Buyco, LLC | |
Other Commitments [Line Items] | |
Committed capital | 1,008 |
Investment, Identifier [Axis]: Insight Borrower Corporation | |
Other Commitments [Line Items] | |
Committed capital | 6,688 |
Investment, Identifier [Axis]: Inspire Aesthetics Management, LLC | |
Other Commitments [Line Items] | |
Committed capital | 50 |
Investment, Identifier [Axis]: Interface Security Systems, L.L.C | |
Other Commitments [Line Items] | |
Committed capital | 1 |
Investment, Identifier [Axis]: Invincible Boat Company, LLC. | |
Other Commitments [Line Items] | |
Committed capital | 561 |
Investment, Identifier [Axis]: JTI Electrical & Mechanical, LLC | |
Other Commitments [Line Items] | |
Committed capital | 5,284 |
Investment, Identifier [Axis]: Johnson Downie Opco, LLC | |
Other Commitments [Line Items] | |
Committed capital | 3,600 |
Investment, Identifier [Axis]: MS Private Loan Fund I, LP Debt | |
Other Commitments [Line Items] | |
Committed capital | 10,000 |
Investment, Identifier [Axis]: MS Private Loan Fund I, LP, Equity Capital | |
Other Commitments [Line Items] | |
Committed capital | 750 |
Investment, Identifier [Axis]: MS Private Loan Fund II, LP Debt | |
Other Commitments [Line Items] | |
Committed capital | 26,500 |
Investment, Identifier [Axis]: MS Private Loan Fund II, LP Equity Capital | |
Other Commitments [Line Items] | |
Committed capital | 8,847 |
Investment, Identifier [Axis]: Mako Steel, LP | |
Other Commitments [Line Items] | |
Committed capital | 3,651 |
Investment, Identifier [Axis]: Metalforming Holdings, LLC | |
Other Commitments [Line Items] | |
Committed capital | 2,795 |
Investment, Identifier [Axis]: Microbe Formulas, LLC | |
Other Commitments [Line Items] | |
Committed capital | 3,601 |
Investment, Identifier [Axis]: Mini Melts of America, LLC | |
Other Commitments [Line Items] | |
Committed capital | 3,045 |
Investment, Identifier [Axis]: Mystic Logistics Holdings, LLC | |
Other Commitments [Line Items] | |
Committed capital | 800 |
Investment, Identifier [Axis]: Nebraska Vet AcquireCo, LLC | |
Other Commitments [Line Items] | |
Committed capital | 2,500 |
Investment, Identifier [Axis]: NexRev LLC | |
Other Commitments [Line Items] | |
Committed capital | 4,000 |
Investment, Identifier [Axis]: NinjaTrader, LLC | |
Other Commitments [Line Items] | |
Committed capital | 1,750 |
Investment, Identifier [Axis]: Orttech Holdings, LLC | |
Other Commitments [Line Items] | |
Committed capital | 800 |
Investment, Identifier [Axis]: PTL US Bidco, Inc | |
Other Commitments [Line Items] | |
Committed capital | 6,520 |
Investment, Identifier [Axis]: Paragon Healthcare, Inc. | |
Other Commitments [Line Items] | |
Committed capital | 4,327 |
Investment, Identifier [Axis]: Pearl Meyer Topco LLC | |
Other Commitments [Line Items] | |
Committed capital | 1,500 |
Investment, Identifier [Axis]: Pinnacle TopCo, LLC | |
Other Commitments [Line Items] | |
Committed capital | 1,140 |
Investment, Identifier [Axis]: Power System Solutions | |
Other Commitments [Line Items] | |
Committed capital | 9,255 |
Investment, Identifier [Axis]: Project BarFly, LLC | |
Other Commitments [Line Items] | |
Committed capital | 760 |
Investment, Identifier [Axis]: Purge Rite, LLC | |
Other Commitments [Line Items] | |
Committed capital | 1,969 |
Investment, Identifier [Axis]: RA Outdoors LLC | |
Other Commitments [Line Items] | |
Committed capital | 454 |
Investment, Identifier [Axis]: RTIC Subsidiary Holdings, LLC | |
Other Commitments [Line Items] | |
Committed capital | 2,877 |
Investment, Identifier [Axis]: Richardson Sales Solutions | |
Other Commitments [Line Items] | |
Committed capital | 4,030 |
Investment, Identifier [Axis]: Roof Opco, LLC | |
Other Commitments [Line Items] | |
Committed capital | 778 |
Investment, Identifier [Axis]: SI East, LLC | |
Other Commitments [Line Items] | |
Committed capital | 6,375 |
Investment, Identifier [Axis]: SPAU Holdings, LLC | |
Other Commitments [Line Items] | |
Committed capital | 3,194 |
Investment, Identifier [Axis]: South Coast Terminals Holdings, LLC | |
Other Commitments [Line Items] | |
Committed capital | 4,018 |
Investment, Identifier [Axis]: Superior Rigging & Erecting Co. | |
Other Commitments [Line Items] | |
Committed capital | 2,500 |
Investment, Identifier [Axis]: Trantech Radiator Topco, LLC | |
Other Commitments [Line Items] | |
Committed capital | 1,600 |
Investment, Identifier [Axis]: UnionRock Energy Fund II, LP | |
Other Commitments [Line Items] | |
Committed capital | 1,465 |
Investment, Identifier [Axis]: UnionRock Energy Fund III, LP | |
Other Commitments [Line Items] | |
Committed capital | 7,500 |
Investment, Identifier [Axis]: VVS Holdco, LLC | |
Other Commitments [Line Items] | |
Committed capital | 3,200 |
Investment, Identifier [Axis]: Veregy Consolidated, Inc. | |
Other Commitments [Line Items] | |
Committed capital | 5,875 |
Investment, Identifier [Axis]: Wall Street Prep, Inc. | |
Other Commitments [Line Items] | |
Committed capital | 400 |
Investment, Identifier [Axis]: Watterson Brands, LLC | |
Other Commitments [Line Items] | |
Committed capital | 3,546 |
Equity investments | |
Other Commitments [Line Items] | |
Committed capital | 55,379 |
Debt investments | |
Other Commitments [Line Items] | |
Committed capital | $ 236,586 |
Other Portfolio investments | |
Other Commitments [Line Items] | |
Contractual obligation, number of additional investments, investment period expired with remaining commitments restricted for fund expenses | investment | 6 |
Contractual obligation, number of additional investments, investment period expired with remaining commitments restricted for fund expenses or follow on investments in existing portfolio companies | investment | 3 |
Brightwood Capital Fund Investments | Equity investments | |
Other Commitments [Line Items] | |
Committed capital | $ 3,649 |
Freeport Fund Investments | Equity investments | |
Other Commitments [Line Items] | |
Committed capital | 12,830 |
Harris Preston Fund Investments | Equity investments | |
Other Commitments [Line Items] | |
Committed capital | 10,338 |
UnionRock Energy Fund Investments | |
Other Commitments [Line Items] | |
Committed capital | $ 8,965 |
RELATED PARTY TRANSACTIONS (Det
RELATED PARTY TRANSACTIONS (Details) - Related Party - USD ($) | 1 Months Ended | 12 Months Ended | ||||||||
Dec. 29, 2021 | Sep. 30, 2023 | Aug. 31, 2023 | Mar. 31, 2022 | Feb. 28, 2022 | Dec. 31, 2020 | Dec. 31, 2023 | Oct. 31, 2023 | May 31, 2023 | May 31, 2022 | |
External Investment Manager | ||||||||||
Related Party Transaction [Line Items] | ||||||||||
Receivable | $ 10,800,000 | |||||||||
MSC Income | ||||||||||
Related Party Transaction [Line Items] | ||||||||||
Shares acquired (in shares) | 348,542 | 1,290,267 | 475,888 | 255,755 | 94,697 | |||||
Operating Expenses and Amount Due From Tax Sharing Agreement | External Investment Manager | ||||||||||
Related Party Transaction [Line Items] | ||||||||||
Receivable | $ 7,600,000 | |||||||||
Dividends Declared But Not Yet Paid | External Investment Manager | ||||||||||
Related Party Transaction [Line Items] | ||||||||||
Receivable | 3,200,000 | |||||||||
Dutch Auction | MSC Income | ||||||||||
Related Party Transaction [Line Items] | ||||||||||
Shares acquired (in shares) | 115,385 | |||||||||
Sale of stock, price per share (in dollars per share) | $ 6.50 | |||||||||
Sale of stock, authorized consideration on transaction | $ 3,500,000 | |||||||||
Unsecured Revolving Promissory Note | Private Loan Fund | ||||||||||
Related Party Transaction [Line Items] | ||||||||||
Amount of transaction | $ 85,000,000 | |||||||||
Interest rate (as a percent) | 5% | |||||||||
Secured Revolving Promissory Note | Private Loan Fund | ||||||||||
Related Party Transaction [Line Items] | ||||||||||
Amount of transaction | $ 10,000,000 | |||||||||
Interest rate (as a percent) | 5% | |||||||||
Unused capacity, commitment fee (as a percent) | 0.25% | |||||||||
Amount of debt outstanding | 0 | |||||||||
Secured Revolving Promissory Note | Private Loan Fund II | ||||||||||
Related Party Transaction [Line Items] | ||||||||||
Amount of transaction | $ 50,000,000 | |||||||||
Unused capacity, commitment fee (as a percent) | 0.25% | |||||||||
Amount of debt outstanding | 23,500,000 | |||||||||
Secured Revolving Promissory Note | Private Loan Fund II | SOFR | ||||||||||
Related Party Transaction [Line Items] | ||||||||||
Interest rate (as a percent) | 3.50% | |||||||||
Interest rate, floor (as a percent) | 2% | |||||||||
Investment Management Agreement | Private Loan Fund | ||||||||||
Related Party Transaction [Line Items] | ||||||||||
Amount of transaction | $ 15,000,000 | $ 10,000,000 | ||||||||
Funded commitments | 14,300,000 | |||||||||
Accounts payable, other | 700,000 | |||||||||
Investment Management Agreement | Private Loan Fund II | ||||||||||
Related Party Transaction [Line Items] | ||||||||||
Amount of transaction | $ 15,000,000 | |||||||||
Funded commitments | 1,600,000 | |||||||||
Accounts payable, other | 8,800,000 | |||||||||
Total commitments (as a percent) | 20% | |||||||||
2015 Deferred Compensation Plan | ||||||||||
Related Party Transaction [Line Items] | ||||||||||
Amount of transaction | 19,400,000 | |||||||||
2015 Deferred Compensation Plan | Rabbi Trust | ||||||||||
Related Party Transaction [Line Items] | ||||||||||
Amount of transaction | $ 11,700,000 | |||||||||
2015 Deferred Compensation Plan | Common Stock | ||||||||||
Related Party Transaction [Line Items] | ||||||||||
Deferred compensation (in shares) | 178,216 | |||||||||
2015 Deferred Compensation Plan | Phantom Stock Units | ||||||||||
Related Party Transaction [Line Items] | ||||||||||
Amount of transaction | $ 7,700,000 | |||||||||
2015 Deferred Compensation Plan | Private Loan Fund | Rabbi Trust | ||||||||||
Related Party Transaction [Line Items] | ||||||||||
Amount of transaction | 2,100,000 | |||||||||
2015 Deferred Compensation Plan | Private Loan Fund II | Rabbi Trust | ||||||||||
Related Party Transaction [Line Items] | ||||||||||
Amount of transaction | $ 800,000 |
SUBSEQUENT EVENTS (Details)
SUBSEQUENT EVENTS (Details) - USD ($) | 1 Months Ended | 3 Months Ended | 201 Months Ended | ||
Feb. 23, 2024 | Jan. 31, 2024 | Jun. 30, 2024 | Mar. 31, 2024 | Jun. 30, 2024 | |
Forecast | |||||
Subsequent Event [Line Items] | |||||
Common stock, monthly dividend, per share, declared (in dollars per share) | $ 0.72 | ||||
Increase common stock, monthly dividend, cash paid (as a percent) | 6.70% | ||||
Common stock, cumulative monthly dividend and supplemental dividend, per share, paid (in dollars per share) | $ 40.555 | ||||
Subsequent Event | |||||
Subsequent Event [Line Items] | |||||
Common stock, supplemental cash dividend, per share, declared (in dollars per share) | $ 0.30 | ||||
Common stock, monthly dividend, per share, declared (in dollars per share) | $ 0.72 | ||||
Subsequent Event | Dividends, January to March 2024 | |||||
Subsequent Event [Line Items] | |||||
Common stock, monthly dividend, per share, declared (in dollars per share) | 0.24 | ||||
Subsequent Event | Dividends, April To June 2024 | |||||
Subsequent Event [Line Items] | |||||
Common stock, monthly dividend, per share, declared (in dollars per share) | $ 0.24 | ||||
Subsequent Event | Unsecured Notes | March 2029 Notes | |||||
Subsequent Event [Line Items] | |||||
Debt instrument, par value | $ 350,000,000 | ||||
Debt instrument, interest rate, stated (as a percent) | 6.95% | ||||
Debt instrument, issuance price (as a percent) | 99.865% | ||||
Proceeds from debt | $ 346,300,000 |
Consolidated Schedule of Inve_5
Consolidated Schedule of Investments In and Advances to Affiliates (Details) - USD ($) $ in Thousands | 12 Months Ended | |||||
Dec. 31, 2023 | Dec. 31, 2022 | Dec. 31, 2021 | ||||
Schedule of Investments [Line Items] | ||||||
Amount of Realized Gain/(Loss) | $ (120,507) | $ (5,212) | $ 45,336 | |||
Amount of Unrealized Gain/(Loss) | 232,577 | 24,816 | 135,624 | |||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [1] | 4,102,177 | ||||
Ending balance | 4,286,271 | [2] | 4,102,177 | [1] | ||
Control investments | ||||||
Schedule of Investments [Line Items] | ||||||
Amount of Realized Gain/(Loss) | (50,532) | (5,822) | 6,494 | |||
Amount of Unrealized Gain/(Loss) | 161,793 | 56,682 | 99,420 | |||
Amount of Interest, Fees or Dividends Credited to Income | 197,150 | 155,967 | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 1,703,172 | [1],[3] | 1,489,257 | |||
Gross Additions | 568,452 | 488,176 | ||||
Gross Reductions | 244,262 | 268,138 | ||||
Ending balance | 2,006,698 | [2],[4] | 1,703,172 | [1],[3] | 1,489,257 | |
Affiliate investments | ||||||
Schedule of Investments [Line Items] | ||||||
Amount of Realized Gain/(Loss) | (18,729) | (3,319) | 17,181 | |||
Amount of Unrealized Gain/(Loss) | 33,689 | 10,314 | 21,989 | |||
Amount of Interest, Fees or Dividends Credited to Income | 69,829 | 54,963 | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 618,359 | [1],[5] | 549,214 | |||
Gross Additions | 246,241 | 157,996 | ||||
Gross Reductions | 270,262 | 104,813 | ||||
Ending balance | 615,002 | [2],[6] | 618,359 | [1],[5] | 549,214 | |
Investment, Identifier [Axis]: 2717 MH, L.P., (2717 MH,L.P.) | ||||||
Schedule of Investments [Line Items] | ||||||
Amount of Realized Gain/(Loss) | 2,222 | |||||
Amount of Unrealized Gain/(Loss) | (952) | |||||
Amount of Interest, Fees or Dividends Credited to Income | 142 | |||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 7,552 | |||||
Gross Additions | 2,796 | |||||
Gross Reductions | 4,298 | |||||
Ending balance | 6,050 | 7,552 | ||||
Investment, Identifier [Axis]: 2717 MH, L.P., LP Interests (2717 HPP-MS, L.P.) | ||||||
Schedule of Investments [Line Items] | ||||||
Amount of Realized Gain/(Loss) | 0 | 0 | ||||
Amount of Unrealized Gain/(Loss) | 67 | 0 | ||||
Amount of Interest, Fees or Dividends Credited to Income | 0 | 0 | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 248 | 0 | ||||
Gross Additions | 67 | 248 | ||||
Gross Reductions | 0 | 0 | ||||
Ending balance | 315 | 248 | 0 | |||
Investment, Identifier [Axis]: 2717 MH, L.P., LP Interests (2717 MH, L.P.) | ||||||
Schedule of Investments [Line Items] | ||||||
Amount of Realized Gain/(Loss) | 0 | |||||
Amount of Unrealized Gain/(Loss) | 2,389 | |||||
Amount of Interest, Fees or Dividends Credited to Income | 0 | |||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 7,552 | 3,971 | ||||
Gross Additions | 3,581 | |||||
Gross Reductions | 0 | |||||
Ending balance | 7,552 | 3,971 | ||||
Investment, Identifier [Axis]: 423 HAR, LP, LP Interests (423 HAR, L.P.) | ||||||
Schedule of Investments [Line Items] | ||||||
Amount of Realized Gain/(Loss) | 0 | |||||
Amount of Unrealized Gain/(Loss) | 247 | |||||
Amount of Interest, Fees or Dividends Credited to Income | 0 | |||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 0 | |||||
Gross Additions | 996 | |||||
Gross Reductions | 0 | |||||
Ending balance | 996 | 0 | ||||
Investment, Identifier [Axis]: AAC Holdings, Inc., Common Stock | ||||||
Schedule of Investments [Line Items] | ||||||
Amount of Realized Gain/(Loss) | 0 | 0 | ||||
Amount of Unrealized Gain/(Loss) | 0 | (2,079) | ||||
Amount of Interest, Fees or Dividends Credited to Income | 0 | 0 | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 0 | [7] | 2,079 | |||
Gross Additions | 0 | 0 | ||||
Gross Reductions | 0 | 2,079 | ||||
Ending balance | 0 | [8] | $ 0 | [7] | 2,079 | |
Investment, Identifier [Axis]: AAC Holdings, Inc., Secured Debt | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [7] | 18% | ||||
PIK Rate | [7] | 18% | ||||
Amount of Realized Gain/(Loss) | $ 0 | |||||
Amount of Unrealized Gain/(Loss) | 178 | |||||
Amount of Interest, Fees or Dividends Credited to Income | 2,032 | |||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | $ 11,550 | [7] | 9,794 | |||
Gross Additions | 1,756 | |||||
Gross Reductions | 0 | |||||
Ending balance | 11,550 | [7] | 9,794 | |||
Investment, Identifier [Axis]: AAC Holdings, Inc., Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [8] | 18% | ||||
PIK Rate | [8] | 18% | ||||
Amount of Realized Gain/(Loss) | $ 0 | |||||
Amount of Unrealized Gain/(Loss) | (1) | |||||
Amount of Interest, Fees or Dividends Credited to Income | 65 | |||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 0 | |||||
Gross Additions | 418 | |||||
Gross Reductions | 0 | |||||
Ending balance | $ 418 | [8] | 0 | |||
Investment, Identifier [Axis]: AAC Holdings, Inc., Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [8] | 18% | ||||
PIK Rate | [8] | 18% | ||||
Amount of Realized Gain/(Loss) | $ 0 | |||||
Amount of Unrealized Gain/(Loss) | (37) | |||||
Amount of Interest, Fees or Dividends Credited to Income | 2,382 | |||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 11,550 | |||||
Gross Additions | 2,382 | |||||
Gross Reductions | 37 | |||||
Ending balance | 13,895 | [8] | 11,550 | |||
Investment, Identifier [Axis]: AAC Holdings, Inc., Warrants | ||||||
Schedule of Investments [Line Items] | ||||||
Amount of Realized Gain/(Loss) | 0 | 0 | ||||
Amount of Unrealized Gain/(Loss) | 0 | (1,940) | ||||
Amount of Interest, Fees or Dividends Credited to Income | 0 | 0 | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 0 | [7],[9] | 1,940 | |||
Gross Additions | 0 | 0 | ||||
Gross Reductions | 0 | 1,940 | ||||
Ending balance | $ 0 | [8],[10] | $ 0 | [7],[9] | 1,940 | |
Investment, Identifier [Axis]: AB Centers Acquisition Corporation, Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Spread | 5% | [11],[12],[13] | 6% | [14],[15],[16],[17] | ||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [14],[15],[16],[17] | $ (39) | ||||
Ending balance | $ 0 | [11],[12],[13] | $ (39) | [14],[15],[16],[17] | ||
Investment, Identifier [Axis]: AB Centers Acquisition Corporation, Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 11.43% | [11],[13] | 10.20% | [14],[15],[17] | ||
Spread | 6% | [11],[13] | 6% | [14],[15],[17] | ||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [14],[15],[17] | $ 741 | ||||
Ending balance | $ 1,921 | [11],[13] | $ 741 | [14],[15],[17] | ||
Investment, Identifier [Axis]: AB Centers Acquisition Corporation, Secured Debt 3 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 11.43% | [11],[13] | 10.58% | [14],[15],[17] | ||
Spread | 6% | [11],[13] | 6% | [14],[15],[17] | ||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [14],[15],[17] | $ 17,052 | ||||
Ending balance | $ 19,817 | [11],[13] | $ 17,052 | [14],[15],[17] | ||
Investment, Identifier [Axis]: AB Centers Acquisition Corporation, Secured Debt 4 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [11],[13] | 11.43% | ||||
Spread | [11],[13] | 6% | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Ending balance | [11],[13] | $ 1,372 | ||||
Investment, Identifier [Axis]: ADS Tactical, Inc., Secured Debt | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 11.22% | [8],[13] | 10.14% | [7],[17] | ||
Spread | 5.75% | [8],[13] | 5.75% | [7],[17] | ||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [7],[17] | $ 18,969 | ||||
Ending balance | 10,860 | [8],[13] | $ 18,969 | [7],[17] | ||
Investment, Identifier [Axis]: AFG Capital Group, LLC, Preferred Member Units | ||||||
Schedule of Investments [Line Items] | ||||||
Amount of Realized Gain/(Loss) | 7,200 | 0 | ||||
Amount of Unrealized Gain/(Loss) | (8,200) | 1,660 | ||||
Amount of Interest, Fees or Dividends Credited to Income | 0 | 200 | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 9,400 | [18] | 7,740 | |||
Gross Additions | 7,200 | 1,660 | ||||
Gross Reductions | 16,600 | 0 | ||||
Ending balance | 0 | 9,400 | [18] | 7,740 | ||
Investment, Identifier [Axis]: AFG Capital Group, LLC, Secured Debt | ||||||
Schedule of Investments [Line Items] | ||||||
Amount of Realized Gain/(Loss) | 0 | |||||
Amount of Unrealized Gain/(Loss) | 0 | |||||
Amount of Interest, Fees or Dividends Credited to Income | 2 | |||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 0 | 144 | ||||
Gross Additions | 0 | |||||
Gross Reductions | 144 | |||||
Ending balance | 0 | 144 | ||||
Investment, Identifier [Axis]: AMEREQUIP LLC., Common Stock | ||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [15] | 1,779 | ||||
Ending balance | $ 2,120 | [11],[19] | $ 1,779 | [15] | ||
Investment, Identifier [Axis]: AMEREQUIP LLC., Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Spread | 7.40% | [11],[12],[13] | 7.40% | [14],[15],[16],[17] | ||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [14],[15],[16],[17] | $ (137) | ||||
Ending balance | $ (108) | [11],[12],[13] | $ (137) | [14],[15],[16],[17] | ||
Investment, Identifier [Axis]: AMEREQUIP LLC., Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 12.76% | [11],[13] | 11.72% | [14],[15],[17] | ||
Spread | 7.40% | [11],[13] | 7.40% | [14],[15],[17] | ||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [14],[15],[17] | $ 37,463 | ||||
Ending balance | 28,422 | [11],[13] | $ 37,463 | [14],[15],[17] | ||
Investment, Identifier [Axis]: ASC Interests, LLC, Member Units | ||||||
Schedule of Investments [Line Items] | ||||||
Amount of Realized Gain/(Loss) | 0 | |||||
Amount of Unrealized Gain/(Loss) | 80 | |||||
Amount of Interest, Fees or Dividends Credited to Income | 0 | |||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 800 | 720 | ||||
Gross Additions | 80 | |||||
Gross Reductions | 0 | |||||
Ending balance | 100 | 800 | 720 | |||
Investment, Identifier [Axis]: ASC Interests, LLC, Preferred Member Units | ||||||
Schedule of Investments [Line Items] | ||||||
Amount of Realized Gain/(Loss) | 0 | |||||
Amount of Unrealized Gain/(Loss) | 88 | |||||
Amount of Interest, Fees or Dividends Credited to Income | 0 | |||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 0 | |||||
Gross Additions | 266 | |||||
Gross Reductions | 0 | |||||
Ending balance | $ 266 | $ 0 | ||||
Investment, Identifier [Axis]: ASC Interests, LLC, Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 13% | 13% | ||||
Amount of Realized Gain/(Loss) | $ 0 | $ 0 | ||||
Amount of Unrealized Gain/(Loss) | 0 | 0 | ||||
Amount of Interest, Fees or Dividends Credited to Income | 54 | 36 | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 400 | 200 | ||||
Gross Additions | 0 | 230 | ||||
Gross Reductions | 0 | 30 | ||||
Ending balance | $ 400 | $ 400 | 200 | |||
Investment, Identifier [Axis]: ASC Interests, LLC, Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 13% | 13% | ||||
Amount of Realized Gain/(Loss) | $ 0 | $ 0 | ||||
Amount of Unrealized Gain/(Loss) | (52) | 0 | ||||
Amount of Interest, Fees or Dividends Credited to Income | 218 | 266 | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 1,649 | 1,636 | ||||
Gross Additions | 1 | 13 | ||||
Gross Reductions | 53 | 0 | ||||
Ending balance | 1,597 | 1,649 | 1,636 | |||
Investment, Identifier [Axis]: ASC Interests, Member Units | ||||||
Schedule of Investments [Line Items] | ||||||
Amount of Realized Gain/(Loss) | 0 | |||||
Amount of Unrealized Gain/(Loss) | (700) | |||||
Amount of Interest, Fees or Dividends Credited to Income | 0 | |||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 800 | |||||
Gross Additions | 0 | |||||
Gross Reductions | 700 | |||||
Ending balance | 100 | 800 | ||||
Investment, Identifier [Axis]: ATS Operating, LLC, Common Stock | ||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [15] | 660 | ||||
Ending balance | $ 670 | [11] | $ 660 | [15] | ||
Investment, Identifier [Axis]: ATS Operating, LLC, Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [11],[13] | 12.16% | ||||
Spread | 6.50% | [11],[13] | 5.50% | [14],[15],[16],[17] | ||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [14],[15],[16],[17] | $ 0 | ||||
Ending balance | $ 360 | [11],[13] | $ 0 | [14],[15],[16],[17] | ||
Investment, Identifier [Axis]: ATS Operating, LLC, Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 11.16% | [11],[13] | 9.32% | [14],[15],[17] | ||
Spread | 5.50% | [11],[13] | 5.50% | [14],[15],[17] | ||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [14],[15],[17] | $ 6,582 | ||||
Ending balance | $ 6,660 | [11],[13] | $ 6,582 | [14],[15],[17] | ||
Investment, Identifier [Axis]: ATS Operating, LLC, Secured Debt 3 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 13.16% | [11],[13] | 11.32% | [14],[15],[17] | ||
Spread | 7.50% | [11],[13] | 7.50% | [14],[15],[17] | ||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [14],[15],[17] | $ 6,593 | ||||
Ending balance | 6,660 | [11],[13] | $ 6,593 | [14],[15],[17] | ||
Investment, Identifier [Axis]: ATS Workholding, LLC, Preferred Member Units | ||||||
Schedule of Investments [Line Items] | ||||||
Amount of Realized Gain/(Loss) | 0 | 0 | ||||
Amount of Unrealized Gain/(Loss) | 0 | 0 | ||||
Amount of Interest, Fees or Dividends Credited to Income | 0 | 0 | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 0 | [15],[20] | 0 | |||
Gross Additions | 0 | 0 | ||||
Gross Reductions | 0 | 0 | ||||
Ending balance | $ 0 | [11] | $ 0 | [15],[20] | 0 | |
Investment, Identifier [Axis]: ATS Workholding, LLC, Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 5% | [11],[21] | 5% | [15],[20] | ||
Amount of Realized Gain/(Loss) | $ 0 | $ 0 | ||||
Amount of Unrealized Gain/(Loss) | (486) | (620) | ||||
Amount of Interest, Fees or Dividends Credited to Income | 0 | 0 | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 634 | [15],[20] | 1,088 | |||
Gross Additions | 180 | 188 | ||||
Gross Reductions | 486 | 642 | ||||
Ending balance | $ 328 | [11],[21] | $ 634 | [15],[20] | 1,088 | |
Investment, Identifier [Axis]: ATS Workholding, LLC, Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 5% | [11],[21] | 5% | [15],[20] | ||
Amount of Realized Gain/(Loss) | $ 0 | $ 0 | ||||
Amount of Unrealized Gain/(Loss) | (518) | (869) | ||||
Amount of Interest, Fees or Dividends Credited to Income | 0 | 0 | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 1,005 | [15],[20] | 1,917 | |||
Gross Additions | 0 | 0 | ||||
Gross Reductions | 532 | 912 | ||||
Ending balance | 473 | [11],[21] | 1,005 | [15],[20] | 1,917 | |
Investment, Identifier [Axis]: ATX Networks Corp., Common Stock | ||||||
Schedule of Investments [Line Items] | ||||||
Amount of Realized Gain/(Loss) | 3,248 | 0 | ||||
Amount of Unrealized Gain/(Loss) | (3,270) | 3,270 | ||||
Amount of Interest, Fees or Dividends Credited to Income | 0 | 0 | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 3,270 | [7] | 0 | |||
Gross Additions | 3,248 | 3,270 | ||||
Gross Reductions | 6,518 | 0 | ||||
Ending balance | $ 0 | $ 3,270 | [7] | 0 | ||
Investment, Identifier [Axis]: ATX Networks Corp., Secured Debt | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [7],[17] | 12.23% | ||||
Spread | 7.50% | 7.50% | [7],[17] | |||
Amount of Realized Gain/(Loss) | $ 0 | $ 0 | ||||
Amount of Unrealized Gain/(Loss) | (134) | 134 | ||||
Amount of Interest, Fees or Dividends Credited to Income | 886 | 758 | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 6,343 | [7],[17] | 7,092 | |||
Gross Additions | 575 | 362 | ||||
Gross Reductions | 6,918 | 1,111 | ||||
Ending balance | $ 0 | $ 6,343 | [7],[17] | 7,092 | ||
Investment, Identifier [Axis]: ATX Networks Corp., Unsecured Debt | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 10% | 10% | [7] | |||
PIK Rate | [7] | 10% | ||||
Amount of Realized Gain/(Loss) | $ 0 | $ 0 | ||||
Amount of Unrealized Gain/(Loss) | (306) | 306 | ||||
Amount of Interest, Fees or Dividends Credited to Income | 1,160 | 329 | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 2,598 | [7] | 1,963 | |||
Gross Additions | 1,160 | 635 | ||||
Gross Reductions | 3,758 | 0 | ||||
Ending balance | 0 | 2,598 | [7] | 1,963 | ||
Investment, Identifier [Axis]: AVEX Aviation Holdings, LLC, Common Equity | ||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [15] | 406 | ||||
Ending balance | $ 892 | [11],[19] | $ 406 | [15] | ||
Investment, Identifier [Axis]: AVEX Aviation Holdings, LLC, Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Spread | 7.25% | [11],[12],[13] | 7.25% | [14],[15],[16],[17] | ||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [14],[15],[16],[17] | $ (57) | ||||
Ending balance | $ (38) | [11],[12],[13] | $ (57) | [14],[15],[16],[17] | ||
Investment, Identifier [Axis]: AVEX Aviation Holdings, LLC, Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 12.76% | [11],[13] | 12.17% | [14],[15],[17] | ||
Spread | 7.25% | [11],[13] | 7.25% | [14],[15],[17] | ||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [14],[15],[17] | $ 27,927 | ||||
Ending balance | 24,080 | [11],[13] | $ 27,927 | [14],[15],[17] | ||
Investment, Identifier [Axis]: Acousti Engineering Company of Florida, Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [15],[17] | 13.23% | ||||
Spread | [15],[17] | 8.50% | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [15],[17] | 1,678 | ||||
Ending balance | [15],[17] | $ 1,678 | ||||
Investment, Identifier [Axis]: Acousti Engineering Company of Florida, Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [15],[17] | 13.23% | ||||
Spread | [15],[17] | 8.50% | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [15],[17] | 9,891 | ||||
Ending balance | [15],[17] | $ 9,891 | ||||
Investment, Identifier [Axis]: Acousti Engineering Company of Florida, Secured Debt 3 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [15],[17] | 16.17% | ||||
Spread | [15],[17] | 12.50% | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [15],[17] | $ 807 | ||||
Ending balance | [15],[17] | $ 807 | ||||
Investment, Identifier [Axis]: Acumera, Inc., Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [15],[17] | 13.88% | ||||
Spread | 7.50% | [11],[12],[13] | 9.50% | [15],[17] | ||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [15],[17] | $ 14,618 | ||||
Ending balance | $ (2) | [11],[12],[13] | $ 14,618 | [15],[17] | ||
Investment, Identifier [Axis]: Acumera, Inc., Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 12.98% | [11],[13] | 13.57% | [15],[17] | ||
Spread | 7.50% | [11],[13] | 9% | [15],[17] | ||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [15],[17] | $ 4,368 | ||||
Ending balance | 24,796 | [11],[13] | $ 4,368 | [15],[17] | ||
Investment, Identifier [Axis]: Acumera, Inc., Warrants | ||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Ending balance | [11],[22] | $ 110 | ||||
Investment, Identifier [Axis]: Adams Publishing Group, LLC, Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 11% | [11],[13],[23] | 10% | [15],[17],[24] | ||
Spread | 7% | [11],[13],[23] | 6% | [15],[17],[24] | ||
PIK Rate | [11],[13],[23] | 1% | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [15],[17],[24] | $ 4,729 | ||||
Ending balance | $ 7,684 | [11],[13],[23] | $ 4,729 | [15],[17],[24] | ||
Investment, Identifier [Axis]: Adams Publishing Group, LLC, Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 11% | [11],[13],[23] | 10% | [15],[17],[24] | ||
Spread | 7% | [11],[13],[23] | 7.50% | [15],[17],[24] | ||
PIK Rate | [11],[13],[23] | 1% | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [15],[17],[24] | $ 24,086 | ||||
Ending balance | $ 20,784 | [11],[13],[23] | $ 24,086 | [15],[17],[24] | ||
Investment, Identifier [Axis]: American Health Staffing Group, Inc., Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Spread | 5% | [11],[12],[13] | 6% | [15],[16],[17] | ||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [15],[16],[17] | $ (10) | ||||
Ending balance | $ (8) | [11],[12],[13] | $ (10) | [15],[16],[17] | ||
Investment, Identifier [Axis]: American Health Staffing Group, Inc., Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 13.50% | [11],[13] | 11.12% | [15],[17] | ||
Spread | 5% | [11],[13] | 6% | [15],[17] | ||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [15],[17] | $ 6,617 | ||||
Ending balance | $ 6,550 | [11],[13] | $ 6,617 | [15],[17] | ||
Investment, Identifier [Axis]: American Nuts, LLC, Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 15.29% | [11],[13] | 10.46% | [14],[15],[17] | ||
Spread | 9.75% | [11],[13] | 6.75% | [14],[15],[17] | ||
PIK Rate | [11],[13] | 15.29% | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [14],[15],[17] | $ 14,606 | ||||
Ending balance | $ 5,495 | [11],[13] | $ 14,606 | [14],[15],[17] | ||
Investment, Identifier [Axis]: American Nuts, LLC, Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 15.29% | [11],[13] | 12.46% | [14],[15],[17] | ||
Spread | 9.75% | [11],[13] | 8.75% | [14],[15],[17] | ||
PIK Rate | [11],[13] | 15.29% | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [14],[15],[17] | $ 14,654 | ||||
Ending balance | $ 8,922 | [11],[13] | $ 14,654 | [14],[15],[17] | ||
Investment, Identifier [Axis]: American Nuts, LLC, Secured Debt 3 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [11],[13],[21] | 17.29% | ||||
Spread | [11],[13],[21] | 11.75% | ||||
PIK Rate | [11],[13],[21] | 17.29% | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Ending balance | [11],[13],[21] | $ 3,369 | ||||
Investment, Identifier [Axis]: American Nuts, LLC, Secured Debt 4 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [11],[13],[21] | 17.29% | ||||
Spread | [11],[13],[21] | 11.75% | ||||
PIK Rate | [11],[13],[21] | 17.29% | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Ending balance | [11],[13],[21] | $ 5,482 | ||||
Investment, Identifier [Axis]: American Teleconferencing Services, Ltd., Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [7],[20] | 7.50% | ||||
Spread | [7],[20] | 6.50% | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [7],[20] | 168 | ||||
Ending balance | 134 | [8],[21],[25] | $ 168 | [7],[20] | ||
Investment, Identifier [Axis]: American Teleconferencing Services, Ltd., Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [7],[17],[20] | 7.50% | ||||
Spread | [7],[17],[20] | 6.50% | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [7],[17],[20] | 808 | ||||
Ending balance | 647 | [8],[21],[25] | $ 808 | [7],[17],[20] | ||
Investment, Identifier [Axis]: Amounts related to investments transferred to or from other 1940 Act classification during the period, Affiliate Investments | ||||||
Schedule of Investments [Line Items] | ||||||
Amount of Realized Gain/(Loss) | 106 | |||||
Amount of Unrealized Gain/(Loss) | (1,308) | |||||
Amount of Interest, Fees or Dividends Credited to Income | (1,469) | |||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | (625) | |||||
Gross Additions | 1,454 | |||||
Gross Reductions | 21,493 | |||||
Ending balance | 0 | (625) | ||||
Investment, Identifier [Axis]: Amounts related to investments transferred to or from other 1940 Act classification during the period, Affiliate Investments.1 | ||||||
Schedule of Investments [Line Items] | ||||||
Amount of Realized Gain/(Loss) | 0 | |||||
Amount of Unrealized Gain/(Loss) | (3,538) | |||||
Amount of Interest, Fees or Dividends Credited to Income | (1,491) | |||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 0 | (15,962) | ||||
Gross Additions | 10,853 | |||||
Gross Reductions | 10,853 | |||||
Ending balance | 0 | (15,962) | ||||
Investment, Identifier [Axis]: Amounts related to investments transferred to or from other 1940 Act classification during the period, Control Investments | ||||||
Schedule of Investments [Line Items] | ||||||
Amount of Realized Gain/(Loss) | 0 | |||||
Amount of Unrealized Gain/(Loss) | 1,308 | |||||
Amount of Interest, Fees or Dividends Credited to Income | 1,469 | |||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 625 | |||||
Gross Additions | 21,493 | |||||
Gross Reductions | 1,454 | |||||
Ending balance | 0 | 625 | ||||
Investment, Identifier [Axis]: Amounts related to investments transferred to or from other 1940 Act classification during the period, Control Investments.1 | ||||||
Schedule of Investments [Line Items] | ||||||
Amount of Realized Gain/(Loss) | 0 | |||||
Amount of Unrealized Gain/(Loss) | 3,677 | |||||
Amount of Interest, Fees or Dividends Credited to Income | 1,491 | |||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 0 | 6,123 | ||||
Gross Additions | 0 | |||||
Gross Reductions | 0 | |||||
Ending balance | 0 | 6,123 | ||||
Investment, Identifier [Axis]: Analytical Systems Keco Holdings, LLC, Preferred Member Units 1 | ||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 3,504 | |||||
Ending balance | $ 4,860 | $ 3,504 | ||||
Investment, Identifier [Axis]: Analytical Systems Keco Holdings, LLC, Preferred Member Units 1.1 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 14.13% | 14.13% | ||||
Amount of Realized Gain/(Loss) | $ 0 | $ 0 | ||||
Amount of Unrealized Gain/(Loss) | 0 | 0 | ||||
Amount of Interest, Fees or Dividends Credited to Income | 0 | 0 | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 0 | 0 | ||||
Gross Additions | 0 | 0 | ||||
Gross Reductions | 0 | 0 | ||||
Ending balance | $ 0 | $ 0 | 0 | |||
Investment, Identifier [Axis]: Analytical Systems Keco Holdings, LLC, Preferred Member Units 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 14.13% | 14.13% | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | $ 0 | |||||
Ending balance | 0 | $ 0 | ||||
Investment, Identifier [Axis]: Analytical Systems Keco Holdings, LLC, Preferred Member Units 2.1 | ||||||
Schedule of Investments [Line Items] | ||||||
Amount of Realized Gain/(Loss) | 0 | 0 | ||||
Amount of Unrealized Gain/(Loss) | 1,356 | (1,390) | ||||
Amount of Interest, Fees or Dividends Credited to Income | 0 | 0 | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 3,504 | 4,894 | ||||
Gross Additions | 1,356 | 0 | ||||
Gross Reductions | 0 | 1,390 | ||||
Ending balance | $ 4,860 | $ 3,504 | 4,894 | |||
Investment, Identifier [Axis]: Analytical Systems Keco Holdings, LLC, Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [13] | 15.38% | ||||
Spread | 10% | [13] | 10% | [16],[17] | ||
Amount of Realized Gain/(Loss) | $ 0 | $ 0 | ||||
Amount of Unrealized Gain/(Loss) | 0 | 0 | ||||
Amount of Interest, Fees or Dividends Credited to Income | 13 | 6 | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | (3) | [16],[17] | (4) | |||
Gross Additions | 222 | 1 | ||||
Gross Reductions | 0 | 0 | ||||
Ending balance | $ 219 | [13] | $ (3) | [16],[17] | (4) | |
Investment, Identifier [Axis]: Analytical Systems Keco Holdings, LLC, Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 15.38% | [13] | 14.13% | [17] | ||
Spread | 10% | [13] | 10% | [17] | ||
Amount of Realized Gain/(Loss) | $ 0 | $ 0 | ||||
Amount of Unrealized Gain/(Loss) | 0 | 0 | ||||
Amount of Interest, Fees or Dividends Credited to Income | 748 | 690 | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 4,545 | [17] | 4,740 | |||
Gross Additions | 78 | 85 | ||||
Gross Reductions | 539 | 280 | ||||
Ending balance | 4,084 | [13] | 4,545 | [17] | 4,740 | |
Investment, Identifier [Axis]: Analytical Systems Keco Holdings, LLC, Warrants | ||||||
Schedule of Investments [Line Items] | ||||||
Amount of Realized Gain/(Loss) | 0 | 0 | ||||
Amount of Unrealized Gain/(Loss) | 0 | 0 | ||||
Amount of Interest, Fees or Dividends Credited to Income | 0 | 0 | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 0 | [9] | 0 | |||
Gross Additions | 0 | 0 | ||||
Gross Reductions | 0 | 0 | ||||
Ending balance | 0 | [10] | 0 | [9] | 0 | |
Investment, Identifier [Axis]: ArborWorks, LLC, Common Equity | ||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [15] | 0 | ||||
Ending balance | 0 | [11] | $ 0 | [15] | ||
Investment, Identifier [Axis]: ArborWorks, LLC, Preferred Equity 1 | ||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Ending balance | [11] | 14,060 | ||||
Investment, Identifier [Axis]: ArborWorks, LLC, Preferred Equity 2 | ||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Ending balance | [11] | $ 0 | ||||
Investment, Identifier [Axis]: ArborWorks, LLC, Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 15% | [11] | 13.41% | [15],[17] | ||
Spread | [15],[17] | 9% | ||||
PIK Rate | [11] | 15% | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [15],[17] | $ 3,945 | ||||
Ending balance | $ 1,907 | [11] | $ 3,945 | [15],[17] | ||
Investment, Identifier [Axis]: ArborWorks, LLC, Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 12.04% | [11],[13] | 13.56% | [15],[17] | ||
Spread | 6.50% | [11],[13] | 9% | [15],[17] | ||
PIK Rate | [11],[13] | 12.04% | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [15],[17] | $ 25,065 | ||||
Ending balance | 7,149 | [11],[13] | $ 25,065 | [15],[17] | ||
Investment, Identifier [Axis]: Archer Systems, LLC, Common Stock | ||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [15] | 1,388 | ||||
Ending balance | 2,230 | [11] | $ 1,388 | [15] | ||
Investment, Identifier [Axis]: Archer Systems, LLC, Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Spread | [14],[15],[16],[17] | 6.50% | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [14],[15],[16],[17] | (135) | ||||
Ending balance | [14],[15],[16],[17] | $ (135) | ||||
Investment, Identifier [Axis]: Archer Systems, LLC, Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [14],[15],[17] | 10.92% | ||||
Spread | [14],[15],[17] | 6.50% | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [14],[15],[17] | 66,511 | ||||
Ending balance | [14],[15],[17] | $ 66,511 | ||||
Investment, Identifier [Axis]: Arrow International, Inc, Secured Debt | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [14],[15],[17],[26] | 10.36% | ||||
Spread | [14],[15],[17],[26] | 6.60% | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [14],[15],[17],[26] | 36,000 | ||||
Ending balance | [14],[15],[17],[26] | $ 36,000 | ||||
Investment, Identifier [Axis]: BBB Tank Services, LLC, Member Units | ||||||
Schedule of Investments [Line Items] | ||||||
Amount of Realized Gain/(Loss) | (800) | 0 | ||||
Amount of Unrealized Gain/(Loss) | 800 | 0 | ||||
Amount of Interest, Fees or Dividends Credited to Income | 0 | 0 | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 0 | 0 | ||||
Gross Additions | 800 | 0 | ||||
Gross Reductions | 800 | 0 | ||||
Ending balance | $ 0 | $ 0 | 0 | |||
Investment, Identifier [Axis]: BBB Tank Services, LLC, Preferred Stock (non-voting) | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 15% | |||||
PIK Rate | 15% | |||||
Amount of Realized Gain/(Loss) | $ (162) | $ 0 | ||||
Amount of Unrealized Gain/(Loss) | 162 | 0 | ||||
Amount of Interest, Fees or Dividends Credited to Income | 0 | 0 | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 0 | 0 | ||||
Gross Additions | 162 | 0 | ||||
Gross Reductions | 162 | 0 | ||||
Ending balance | $ 0 | $ 0 | 0 | |||
Investment, Identifier [Axis]: BBB Tank Services, LLC, Unsecured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [17],[27] | 15.12% | ||||
Spread | 11% | 11% | [17],[27] | |||
Amount of Realized Gain/(Loss) | $ 0 | $ 0 | ||||
Amount of Unrealized Gain/(Loss) | 0 | 0 | ||||
Amount of Interest, Fees or Dividends Credited to Income | 102 | 105 | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 800 | [17],[27] | 800 | |||
Gross Additions | 0 | 0 | ||||
Gross Reductions | 800 | 0 | ||||
Ending balance | $ 0 | $ 800 | [17],[27] | 800 | ||
Investment, Identifier [Axis]: BBB Tank Services, LLC, Unsecured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [17],[27] | 15.12% | ||||
Spread | 11% | 11% | [17],[27] | |||
Amount of Realized Gain/(Loss) | $ (1,400) | $ 0 | ||||
Amount of Unrealized Gain/(Loss) | 1,914 | 379 | ||||
Amount of Interest, Fees or Dividends Credited to Income | 539 | 527 | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 2,086 | [17],[27] | 1,707 | |||
Gross Additions | 1,914 | 379 | ||||
Gross Reductions | 4,000 | 0 | ||||
Ending balance | 0 | 2,086 | [17],[27] | 1,707 | ||
Investment, Identifier [Axis]: Barfly Ventures, LLC, Member Units | ||||||
Schedule of Investments [Line Items] | ||||||
Amount of Realized Gain/(Loss) | 0 | 0 | ||||
Amount of Unrealized Gain/(Loss) | 820 | 1,390 | ||||
Amount of Interest, Fees or Dividends Credited to Income | 1 | 0 | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 3,320 | [15] | 1,930 | |||
Gross Additions | 820 | 1,390 | ||||
Gross Reductions | 0 | 0 | ||||
Ending balance | $ 4,140 | [11] | $ 3,320 | [15] | 1,930 | |
Investment, Identifier [Axis]: Barfly Ventures, LLC, Secured Debt | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 7% | [11] | 7% | [15] | ||
Amount of Realized Gain/(Loss) | $ 0 | $ 0 | ||||
Amount of Unrealized Gain/(Loss) | 0 | 0 | ||||
Amount of Interest, Fees or Dividends Credited to Income | 50 | 51 | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 711 | [15] | 710 | |||
Gross Additions | 0 | 1 | ||||
Gross Reductions | 0 | 0 | ||||
Ending balance | 711 | [11] | 711 | [15] | 710 | |
Investment, Identifier [Axis]: Batjer TopCo, LLC, Preferred Stock | ||||||
Schedule of Investments [Line Items] | ||||||
Amount of Realized Gain/(Loss) | 0 | 0 | ||||
Amount of Unrealized Gain/(Loss) | 2,055 | 0 | ||||
Amount of Interest, Fees or Dividends Credited to Income | 686 | 631 | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 4,095 | [18] | 0 | |||
Gross Additions | 2,055 | 4,095 | ||||
Gross Reductions | 0 | 0 | ||||
Ending balance | $ 6,150 | [19] | 4,095 | [18] | 0 | |
Investment, Identifier [Axis]: Batjer TopCo, LLC, Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 10% | |||||
Amount of Realized Gain/(Loss) | $ 0 | 0 | ||||
Amount of Unrealized Gain/(Loss) | 6 | 0 | ||||
Amount of Interest, Fees or Dividends Credited to Income | 2 | 5 | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | (8) | [16] | 0 | |||
Gross Additions | 8 | 451 | ||||
Gross Reductions | 0 | 459 | ||||
Ending balance | $ 0 | [12] | (8) | [16] | 0 | |
Investment, Identifier [Axis]: Batjer TopCo, LLC, Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 10% | |||||
Amount of Realized Gain/(Loss) | $ 0 | 0 | ||||
Amount of Unrealized Gain/(Loss) | 0 | 0 | ||||
Amount of Interest, Fees or Dividends Credited to Income | 22 | 0 | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 0 | [16] | 0 | |||
Gross Additions | 630 | 0 | ||||
Gross Reductions | 360 | 0 | ||||
Ending balance | $ 270 | $ 0 | [16] | 0 | ||
Investment, Identifier [Axis]: Batjer TopCo, LLC, Secured Debt 3 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 10% | 11% | ||||
Amount of Realized Gain/(Loss) | $ 0 | $ 0 | ||||
Amount of Unrealized Gain/(Loss) | 67 | 0 | ||||
Amount of Interest, Fees or Dividends Credited to Income | 1,134 | 1,139 | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 10,933 | 0 | ||||
Gross Additions | 92 | 10,933 | ||||
Gross Reductions | 450 | 0 | ||||
Ending balance | 10,575 | $ 10,933 | 0 | |||
Investment, Identifier [Axis]: Berry Aviation, Inc., Preferred Member Units 1 | ||||||
Schedule of Investments [Line Items] | ||||||
PIK Rate | [15],[16],[18],[28] | 16% | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [15],[16],[18],[28] | 270 | ||||
Ending balance | 200 | [11],[29] | $ 270 | [15],[16],[18],[28] | ||
Investment, Identifier [Axis]: Berry Aviation, Inc., Preferred Member Units 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [15],[18],[28] | 8% | ||||
PIK Rate | [15],[18],[28] | 8% | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [15],[18],[28] | 4,561 | ||||
Ending balance | 2,560 | [11],[19],[29] | $ 4,561 | [15],[18],[28] | ||
Investment, Identifier [Axis]: Berry Aviation, Inc., Secured Debt | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [15] | 12% | ||||
PIK Rate | [15] | 1.50% | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [15] | $ 195 | ||||
Ending balance | [15] | $ 195 | ||||
Investment, Identifier [Axis]: Bettercloud, Inc., Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Spread | 7.25% | [11],[12],[13] | 1% | [14],[15],[16],[17] | ||
PIK Rate | [14],[15],[16],[17] | 6% | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [14],[15],[16],[17] | $ (76) | ||||
Ending balance | $ (62) | [11],[12],[13] | $ (76) | [14],[15],[16],[17] | ||
Investment, Identifier [Axis]: Bettercloud, Inc., Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 12.64% | [11],[13] | 11.40% | [14],[15],[17] | ||
Spread | 7.25% | [11],[13] | 1% | [14],[15],[17] | ||
PIK Rate | 6.25% | [11],[13] | 6% | [14],[15],[17] | ||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [14],[15],[17] | $ 27,505 | ||||
Ending balance | 27,550 | [11],[13] | $ 27,505 | [14],[15],[17] | ||
Investment, Identifier [Axis]: Binswanger Enterprises, LLC, Member Units | ||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [15] | 420 | ||||
Ending balance | 120 | [11] | 420 | [15] | ||
Investment, Identifier [Axis]: Bluestem Brands, Inc., Common Stock | ||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [7],[18] | 4,860 | ||||
Ending balance | $ 550 | [8] | $ 4,860 | [7],[18] | ||
Investment, Identifier [Axis]: Bluestem Brands, Inc., Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [8],[13] | 16% | ||||
Spread | 7.50% | [8],[13] | 8.50% | [7],[16],[17] | ||
PIK Rate | [8],[13] | 15% | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [7],[16],[17] | $ 0 | ||||
Ending balance | $ 1,767 | [8],[13] | $ 0 | [7],[16],[17] | ||
Investment, Identifier [Axis]: Bluestem Brands, Inc., Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 13.96% | [8],[13] | 12.94% | [7],[17] | ||
Spread | 8.50% | [8],[13] | 8.50% | [7],[17] | ||
PIK Rate | [8],[13] | 12.96% | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [7],[17] | $ 3,139 | ||||
Ending balance | 3,446 | [8],[13] | $ 3,139 | [7],[17] | ||
Investment, Identifier [Axis]: Bluestem Brands, Inc., Warrants | ||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [7],[9] | 1,095 | ||||
Ending balance | 120 | [8],[10] | 1,095 | [7],[9] | ||
Investment, Identifier [Axis]: Boccella Precast Products LLC, Member Units | ||||||
Schedule of Investments [Line Items] | ||||||
Amount of Realized Gain/(Loss) | 0 | 0 | ||||
Amount of Unrealized Gain/(Loss) | (980) | (1,860) | ||||
Amount of Interest, Fees or Dividends Credited to Income | 122 | 66 | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 2,970 | [18] | 4,830 | |||
Gross Additions | 0 | 0 | ||||
Gross Reductions | 980 | 1,860 | ||||
Ending balance | $ 1,990 | $ 2,970 | [18] | 4,830 | ||
Investment, Identifier [Axis]: Boccella Precast Products LLC, Secured Debt | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 10% | 10% | ||||
Amount of Realized Gain/(Loss) | $ 0 | $ 0 | ||||
Amount of Unrealized Gain/(Loss) | 0 | 0 | ||||
Amount of Interest, Fees or Dividends Credited to Income | 32 | 32 | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 320 | 320 | ||||
Gross Additions | 0 | 0 | ||||
Gross Reductions | 0 | 0 | ||||
Ending balance | 320 | 320 | 320 | |||
Investment, Identifier [Axis]: Bolder Panther Group, LLC, Class A Preferred Member Units | ||||||
Schedule of Investments [Line Items] | ||||||
Amount of Realized Gain/(Loss) | 0 | |||||
Amount of Unrealized Gain/(Loss) | 0 | |||||
Amount of Interest, Fees or Dividends Credited to Income | 2,466 | |||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | $ 0 | 10,194 | ||||
Gross Additions | 0 | |||||
Gross Reductions | 10,194 | |||||
Ending balance | $ 0 | 10,194 | ||||
Investment, Identifier [Axis]: Bolder Panther Group, LLC, Class B Preferred Member Units | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 8% | [19] | 8% | [18] | ||
Amount of Realized Gain/(Loss) | $ 0 | $ 0 | ||||
Amount of Unrealized Gain/(Loss) | (400) | 8,250 | ||||
Amount of Interest, Fees or Dividends Credited to Income | 4,065 | 1,210 | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 31,420 | [18] | 23,170 | |||
Gross Additions | 0 | 8,250 | ||||
Gross Reductions | 400 | 0 | ||||
Ending balance | $ 31,020 | [19] | $ 31,420 | [18] | 23,170 | |
Investment, Identifier [Axis]: Bolder Panther Group, LLC, Secured Debt | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 14.48% | [13],[30] | 13.39% | [14],[17],[31] | ||
Spread | 9.11% | [13],[30] | 9.26% | [14],[17],[31] | ||
Amount of Realized Gain/(Loss) | $ 0 | |||||
Amount of Unrealized Gain/(Loss) | (141) | |||||
Amount of Interest, Fees or Dividends Credited to Income | 14,208 | |||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [14],[17],[31] | 99,194 | ||||
Gross Additions | 141 | |||||
Gross Reductions | 2,779 | |||||
Ending balance | 96,556 | [13],[30] | $ 99,194 | [14],[17],[31] | ||
Investment, Identifier [Axis]: Bolder Panther Group, LLC, Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Amount of Realized Gain/(Loss) | 0 | |||||
Amount of Unrealized Gain/(Loss) | 0 | |||||
Amount of Interest, Fees or Dividends Credited to Income | 23 | |||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 0 | 0 | ||||
Gross Additions | 0 | |||||
Gross Reductions | 0 | |||||
Ending balance | $ 0 | 0 | ||||
Investment, Identifier [Axis]: Bolder Panther Group, LLC, Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 13.39% | |||||
Spread | 9.26% | |||||
Amount of Realized Gain/(Loss) | $ 0 | |||||
Amount of Unrealized Gain/(Loss) | 305 | |||||
Amount of Interest, Fees or Dividends Credited to Income | 9,164 | |||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 99,194 | 39,000 | ||||
Gross Additions | 60,194 | |||||
Gross Reductions | 0 | |||||
Ending balance | $ 99,194 | 39,000 | ||||
Investment, Identifier [Axis]: Bond Brand Loyalty ULC, Common Equity | ||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Ending balance | [11],[32],[33] | 0 | ||||
Investment, Identifier [Axis]: Bond Brand Loyalty ULC, Preferred Equity | ||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Ending balance | [11],[32],[33] | $ 500 | ||||
Investment, Identifier [Axis]: Bond Brand Loyalty ULC, Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Spread | [11],[12],[13],[32],[33] | 7% | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Ending balance | [11],[12],[13],[32],[33] | $ (25) | ||||
Investment, Identifier [Axis]: Bond Brand Loyalty ULC, Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [11],[13],[32],[33] | 11.54% | ||||
Spread | [11],[13],[32],[33] | 6% | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Ending balance | [11],[13],[32],[33] | $ 6,405 | ||||
Investment, Identifier [Axis]: Bond Brand Loyalty ULC, Secured Debt 3 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [11],[13],[32],[33] | 13.54% | ||||
Spread | [11],[13],[32],[33] | 8% | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Ending balance | [11],[13],[32],[33] | $ 6,405 | ||||
Investment, Identifier [Axis]: Brainworks Software, LLC, Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 15.75% | [11],[13],[21],[25] | 12.50% | [15],[17],[20],[27] | ||
Spread | 7.25% | [11],[13],[21],[25] | 9.25% | [15],[17],[20],[27] | ||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [15],[17],[20],[27] | $ 761 | ||||
Ending balance | $ 761 | [11],[13],[21],[25] | $ 761 | [15],[17],[20],[27] | ||
Investment, Identifier [Axis]: Brainworks Software, LLC, Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 15.75% | [11],[13],[21],[25] | 12.50% | [15],[17],[20],[27] | ||
Spread | 7.25% | [11],[13],[21],[25] | 9.25% | [15],[17],[20],[27] | ||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [15],[17],[20],[27] | $ 2,916 | ||||
Ending balance | 1,075 | [11],[13],[21],[25] | $ 2,916 | [15],[17],[20],[27] | ||
Investment, Identifier [Axis]: Brewer Crane Holdings, LLC, Preferred Member Units | ||||||
Schedule of Investments [Line Items] | ||||||
Amount of Realized Gain/(Loss) | 0 | 0 | ||||
Amount of Unrealized Gain/(Loss) | (1,460) | (630) | ||||
Amount of Interest, Fees or Dividends Credited to Income | 120 | 828 | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 7,080 | [18] | 7,710 | |||
Gross Additions | 0 | 0 | ||||
Gross Reductions | 1,460 | 630 | ||||
Ending balance | $ 5,620 | [19] | $ 7,080 | [18] | 7,710 | |
Investment, Identifier [Axis]: Brewer Crane Holdings, LLC, Secured Debt | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 15.46% | [13] | 14.12% | [17] | ||
Spread | 10% | [13] | 10% | [17] | ||
Amount of Realized Gain/(Loss) | $ 0 | $ 0 | ||||
Amount of Unrealized Gain/(Loss) | 0 | 0 | ||||
Amount of Interest, Fees or Dividends Credited to Income | 899 | 862 | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 5,964 | [17] | 8,037 | |||
Gross Additions | 30 | 23 | ||||
Gross Reductions | 496 | 2,096 | ||||
Ending balance | 5,498 | [13] | 5,964 | [17] | 8,037 | |
Investment, Identifier [Axis]: Bridge Capital Solutions Corporation, Preferred Member Units | ||||||
Schedule of Investments [Line Items] | ||||||
Amount of Realized Gain/(Loss) | 0 | 0 | ||||
Amount of Unrealized Gain/(Loss) | 0 | 0 | ||||
Amount of Interest, Fees or Dividends Credited to Income | 100 | 100 | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 1,000 | [18],[28] | 1,000 | |||
Gross Additions | 0 | 0 | ||||
Gross Reductions | 0 | 0 | ||||
Ending balance | $ 1,000 | [19],[29] | $ 1,000 | [18],[28] | 1,000 | |
Investment, Identifier [Axis]: Bridge Capital Solutions Corporation, Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 13% | 13% | ||||
Amount of Realized Gain/(Loss) | $ 0 | $ 0 | ||||
Amount of Unrealized Gain/(Loss) | 0 | 0 | ||||
Amount of Interest, Fees or Dividends Credited to Income | 1,162 | 1,162 | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 8,813 | 8,813 | ||||
Gross Additions | 0 | 0 | ||||
Gross Reductions | 0 | 0 | ||||
Ending balance | $ 8,813 | $ 8,813 | 8,813 | |||
Investment, Identifier [Axis]: Bridge Capital Solutions Corporation, Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 13% | 13% | [28] | |||
Amount of Realized Gain/(Loss) | $ 0 | $ 0 | ||||
Amount of Unrealized Gain/(Loss) | 0 | 0 | ||||
Amount of Interest, Fees or Dividends Credited to Income | 132 | 132 | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 1,000 | [28] | 1,000 | |||
Gross Additions | 0 | 0 | ||||
Gross Reductions | 0 | 0 | ||||
Ending balance | 1,000 | 1,000 | [28] | 1,000 | ||
Investment, Identifier [Axis]: Bridge Capital Solutions Corporation, Warrants | ||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [9] | 4,340 | ||||
Ending balance | 4,290 | [10] | 4,340 | [9] | ||
Investment, Identifier [Axis]: Bridge Capital Solutions Corporation, Warrants 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Amount of Realized Gain/(Loss) | 0 | 0 | ||||
Amount of Unrealized Gain/(Loss) | (21) | 117 | ||||
Amount of Interest, Fees or Dividends Credited to Income | 0 | 0 | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 1,828 | 1,712 | ||||
Gross Additions | 0 | 116 | ||||
Gross Reductions | 20 | 0 | ||||
Ending balance | 1,808 | 1,828 | 1,712 | |||
Investment, Identifier [Axis]: Bridge Capital Solutions Corporation, Warrants 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Amount of Realized Gain/(Loss) | 0 | 0 | ||||
Amount of Unrealized Gain/(Loss) | (29) | 163 | ||||
Amount of Interest, Fees or Dividends Credited to Income | 0 | 0 | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 2,512 | 2,348 | ||||
Gross Additions | 0 | 164 | ||||
Gross Reductions | 30 | 0 | ||||
Ending balance | 2,482 | 2,512 | 2,348 | |||
Investment, Identifier [Axis]: Brightwood Capital Fund Investments, LP Interests (Brightwood Capital Fund III, LP) | ||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [18],[34],[35],[36] | 4,727 | ||||
Ending balance | 4,080 | [32],[37],[38] | 4,727 | [18],[34],[35],[36] | ||
Investment, Identifier [Axis]: Brightwood Capital Fund Investments, LP Interests (Brightwood Capital Fund IV, LP) | ||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [18],[34],[35],[36] | 4,541 | ||||
Ending balance | 4,358 | [19],[32],[37],[38] | 4,541 | [18],[34],[35],[36] | ||
Investment, Identifier [Axis]: Brightwood Capital Fund Investments, LP Interests (Brightwood Capital Fund V, LP) | ||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [34],[35],[36] | 2,229 | ||||
Ending balance | $ 2,448 | [19],[32],[37],[38] | $ 2,229 | [34],[35],[36] | ||
Investment, Identifier [Axis]: Buca C, LLC, Preferred Member Units | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 6% | 6% | ||||
PIK Rate | 6% | 6% | ||||
Amount of Realized Gain/(Loss) | $ 0 | $ 0 | ||||
Amount of Unrealized Gain/(Loss) | 0 | 0 | ||||
Amount of Interest, Fees or Dividends Credited to Income | 0 | 0 | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 0 | 0 | ||||
Gross Additions | 0 | 0 | ||||
Gross Reductions | 0 | 0 | ||||
Ending balance | $ 0 | $ 0 | 0 | |||
Investment, Identifier [Axis]: Buca C, LLC, Secured Debt | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 12% | [25] | 9% | |||
Amount of Realized Gain/(Loss) | $ 0 | $ 0 | ||||
Amount of Unrealized Gain/(Loss) | 183 | 103 | ||||
Amount of Interest, Fees or Dividends Credited to Income | 2,188 | 1,894 | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 12,337 | 14,370 | ||||
Gross Additions | 183 | 103 | ||||
Gross Reductions | 376 | 2,136 | ||||
Ending balance | $ 12,144 | [25] | $ 12,337 | 14,370 | ||
Investment, Identifier [Axis]: Burning Glass Intermediate Holding Company, Inc., Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [11],[13] | 10.46% | ||||
Spread | 5% | [11],[13] | 5% | [15],[16],[17] | ||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [15],[16],[17] | $ 0 | ||||
Ending balance | $ 465 | [11],[13] | $ 0 | [15],[16],[17] | ||
Investment, Identifier [Axis]: Burning Glass Intermediate Holding Company, Inc., Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 10.46% | [11],[13] | 8.91% | [15],[17] | ||
Spread | 5% | [11],[13] | 5% | [15],[17] | ||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [15],[17] | $ 19,933 | ||||
Ending balance | 19,681 | [11],[13] | $ 19,933 | [15],[17] | ||
Investment, Identifier [Axis]: CAI Software LLC, Preferred Equity 1 | ||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [18] | 1,789 | ||||
Ending balance | 1,789 | 1,789 | [18] | |||
Investment, Identifier [Axis]: CAI Software LLC, Preferred Equity 2 | ||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 0 | |||||
Ending balance | 0 | 0 | ||||
Investment, Identifier [Axis]: CBT Nuggets, LLC, Member Units | ||||||
Schedule of Investments [Line Items] | ||||||
Amount of Realized Gain/(Loss) | 0 | 0 | ||||
Amount of Unrealized Gain/(Loss) | 1,130 | (1,620) | ||||
Amount of Interest, Fees or Dividends Credited to Income | 2,902 | 3,305 | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 49,002 | [18] | 50,620 | |||
Gross Additions | 1,128 | 0 | ||||
Gross Reductions | 0 | 1,618 | ||||
Ending balance | 50,130 | [19] | 49,002 | [18] | 50,620 | |
Investment, Identifier [Axis]: CMS Minerals Investments, Member Units | ||||||
Schedule of Investments [Line Items] | ||||||
Amount of Realized Gain/(Loss) | 99 | 0 | ||||
Amount of Unrealized Gain/(Loss) | (366) | 230 | ||||
Amount of Interest, Fees or Dividends Credited to Income | 44 | 198 | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 1,670 | [18],[28] | 1,974 | |||
Gross Additions | 99 | 230 | ||||
Gross Reductions | 1,769 | 534 | ||||
Ending balance | $ 0 | $ 1,670 | [18],[28] | 1,974 | ||
Investment, Identifier [Axis]: CQ Fluency, LLC, Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Spread | [11],[12],[13] | 7% | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Ending balance | [11],[12],[13] | $ (66) | ||||
Investment, Identifier [Axis]: CQ Fluency, LLC, Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Spread | [11],[12],[13] | 7% | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Ending balance | [11],[12],[13] | $ (66) | ||||
Investment, Identifier [Axis]: CQ Fluency, LLC, Secured Debt 3 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [11],[13] | 12.45% | ||||
Spread | [11],[13] | 7% | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Ending balance | [11],[13] | $ 10,920 | ||||
Investment, Identifier [Axis]: Cadence Aerospace LLC, Secured Debt | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [15],[17],[39] | 11.99% | ||||
Spread | [15],[17],[39] | 8.50% | ||||
PIK Rate | [15],[17],[39] | 0.01% | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [15],[17],[39] | 28,328 | ||||
Ending balance | [15],[17],[39] | $ 28,328 | ||||
Investment, Identifier [Axis]: Café Brazil, LLC, Member Units | ||||||
Schedule of Investments [Line Items] | ||||||
Amount of Realized Gain/(Loss) | 0 | 0 | ||||
Amount of Unrealized Gain/(Loss) | (230) | (360) | ||||
Amount of Interest, Fees or Dividends Credited to Income | 149 | 178 | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 2,210 | [18] | 2,570 | |||
Gross Additions | 0 | 0 | ||||
Gross Reductions | 230 | 360 | ||||
Ending balance | $ 1,980 | [19] | $ 2,210 | [18] | 2,570 | |
Investment, Identifier [Axis]: California Splendor Holdings LLC, Preferred Member Units 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 15% | [19] | 15% | [18] | ||
PIK Rate | 15% | [19] | 15% | [18] | ||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [18] | $ 3,994 | ||||
Ending balance | 4,601 | [19] | $ 3,994 | [18] | ||
Investment, Identifier [Axis]: California Splendor Holdings LLC, Preferred Member Units 1.1 | ||||||
Schedule of Investments [Line Items] | ||||||
Amount of Realized Gain/(Loss) | 0 | 0 | ||||
Amount of Unrealized Gain/(Loss) | (9,800) | 12,220 | ||||
Amount of Interest, Fees or Dividends Credited to Income | 250 | 250 | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 25,495 | 13,275 | ||||
Gross Additions | 0 | 12,220 | ||||
Gross Reductions | 9,800 | 0 | ||||
Ending balance | 15,695 | 25,495 | 13,275 | |||
Investment, Identifier [Axis]: California Splendor Holdings LLC, Preferred Member Units 2 | ||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [18] | 25,495 | ||||
Ending balance | $ 15,695 | [19] | $ 25,495 | [18] | ||
Investment, Identifier [Axis]: California Splendor Holdings LLC, Preferred Member Units 2.1 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 15% | 15% | ||||
PIK Rate | 15% | 15% | ||||
Amount of Realized Gain/(Loss) | $ 0 | $ 0 | ||||
Amount of Unrealized Gain/(Loss) | 0 | 0 | ||||
Amount of Interest, Fees or Dividends Credited to Income | 607 | 933 | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 3,994 | 9,510 | ||||
Gross Additions | 607 | 933 | ||||
Gross Reductions | 0 | 6,449 | ||||
Ending balance | $ 4,601 | $ 3,994 | 9,510 | |||
Investment, Identifier [Axis]: California Splendor Holdings LLC, Secured Debt | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 15.69% | [13],[19] | 13.75% | [17] | ||
Spread | 10% | [13],[19] | 10% | [17] | ||
Amount of Realized Gain/(Loss) | $ 0 | $ 0 | ||||
Amount of Unrealized Gain/(Loss) | (359) | 49 | ||||
Amount of Interest, Fees or Dividends Credited to Income | 4,366 | 3,454 | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 28,000 | [17] | 27,915 | |||
Gross Additions | 14 | 85 | ||||
Gross Reductions | 359 | 0 | ||||
Ending balance | 27,655 | [13],[19] | $ 28,000 | [17] | 27,915 | |
Investment, Identifier [Axis]: Camin Cargo Control, Inc., Secured Debt | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [7],[17] | 10.88% | ||||
Spread | [7],[17] | 6.50% | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [7],[17] | 14,685 | ||||
Ending balance | [7],[17] | $ 14,685 | ||||
Investment, Identifier [Axis]: Career Team Holdings, LLC, Common Stock | ||||||
Schedule of Investments [Line Items] | ||||||
Amount of Realized Gain/(Loss) | 0 | 0 | ||||
Amount of Unrealized Gain/(Loss) | 0 | 0 | ||||
Amount of Interest, Fees or Dividends Credited to Income | 0 | 0 | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 4,500 | 4,500 | ||||
Gross Additions | 0 | 0 | ||||
Gross Reductions | 0 | 0 | ||||
Ending balance | $ 4,500 | $ 4,500 | 4,500 | |||
Investment, Identifier [Axis]: Career Team Holdings, LLC, Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [13] | 11.38% | ||||
Spread | 6% | [13] | 6% | [16],[17] | ||
Amount of Realized Gain/(Loss) | $ 0 | $ 0 | ||||
Amount of Unrealized Gain/(Loss) | 0 | 0 | ||||
Amount of Interest, Fees or Dividends Credited to Income | 40 | 10 | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | (9) | [16],[17] | 0 | |||
Gross Additions | 1,340 | 621 | ||||
Gross Reductions | 450 | 630 | ||||
Ending balance | $ 881 | [13] | $ (9) | [16],[17] | 0 | |
Investment, Identifier [Axis]: Career Team Holdings, LLC, Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 13% | 12.50% | ||||
Amount of Realized Gain/(Loss) | $ 0 | $ 0 | ||||
Amount of Unrealized Gain/(Loss) | 0 | 0 | ||||
Amount of Interest, Fees or Dividends Credited to Income | 2,612 | 2,607 | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 20,090 | 20,050 | ||||
Gross Additions | 41 | 40 | ||||
Gross Reductions | 225 | 0 | ||||
Ending balance | 19,906 | 20,090 | 20,050 | |||
Investment, Identifier [Axis]: CaseWorthy, Inc., Common Equity | ||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [15] | 246 | ||||
Ending balance | $ 246 | [11] | $ 246 | [15] | ||
Investment, Identifier [Axis]: CaseWorthy, Inc., Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Spread | 6% | [11],[12],[13] | 6% | [15],[16],[17] | ||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [15],[16],[17] | $ (11) | ||||
Ending balance | $ (8) | [11],[12],[13] | $ (11) | [15],[16],[17] | ||
Investment, Identifier [Axis]: CaseWorthy, Inc., Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 11.61% | [11],[13] | 10.73% | [15],[17] | ||
Spread | 6% | [11],[13] | 6% | [15],[17] | ||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [15],[17] | $ 7,914 | ||||
Ending balance | $ 7,933 | [11],[13] | $ 7,914 | [15],[17] | ||
Investment, Identifier [Axis]: CaseWorthy, Inc., Secured Debt 3 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 11.61% | [11],[13] | 10.48% | [15],[17] | ||
Spread | 6% | [11],[13] | 5.75% | [15],[17] | ||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [15],[17] | $ 6,133 | ||||
Ending balance | 6,102 | [11],[13] | $ 6,133 | [15],[17] | ||
Investment, Identifier [Axis]: Centre Technologies Holdings, LLC, Preferred Member Units | ||||||
Schedule of Investments [Line Items] | ||||||
Amount of Realized Gain/(Loss) | 0 | 0 | ||||
Amount of Unrealized Gain/(Loss) | 2,340 | 2,578 | ||||
Amount of Interest, Fees or Dividends Credited to Income | 120 | 120 | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 8,700 | 5,840 | ||||
Gross Additions | 2,340 | 2,860 | ||||
Gross Reductions | 0 | 0 | ||||
Ending balance | $ 11,040 | $ 8,700 | 5,840 | |||
Investment, Identifier [Axis]: Centre Technologies Holdings, LLC, Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Spread | 9% | [12],[13] | 9% | [16],[17] | ||
Amount of Realized Gain/(Loss) | $ 0 | $ 0 | ||||
Amount of Unrealized Gain/(Loss) | 0 | 0 | ||||
Amount of Interest, Fees or Dividends Credited to Income | 12 | 28 | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 0 | [16],[17] | 0 | |||
Gross Additions | 0 | 1,440 | ||||
Gross Reductions | 0 | 1,440 | ||||
Ending balance | $ 0 | [12],[13] | $ 0 | [16],[17] | 0 | |
Investment, Identifier [Axis]: Centre Technologies Holdings, LLC, Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 14.48% | [13] | 13.13% | [17] | ||
Spread | 9% | [13] | 9% | [17] | ||
Amount of Realized Gain/(Loss) | $ 0 | $ 0 | ||||
Amount of Unrealized Gain/(Loss) | 62 | 507 | ||||
Amount of Interest, Fees or Dividends Credited to Income | 2,315 | 1,767 | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 14,954 | [17] | 8,864 | |||
Gross Additions | 2,620 | 6,476 | ||||
Gross Reductions | 0 | 386 | ||||
Ending balance | 17,574 | [13] | 14,954 | [17] | 8,864 | |
Investment, Identifier [Axis]: Chamberlin Holding LLC, Member Units 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Amount of Realized Gain/(Loss) | 0 | 0 | ||||
Amount of Unrealized Gain/(Loss) | 6,400 | (1,220) | ||||
Amount of Interest, Fees or Dividends Credited to Income | 4,182 | 1,853 | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 22,920 | [18] | 24,140 | |||
Gross Additions | 6,400 | 0 | ||||
Gross Reductions | 0 | 1,220 | ||||
Ending balance | 29,320 | [19] | 22,920 | [18] | 24,140 | |
Investment, Identifier [Axis]: Chamberlin Holding LLC, Member Units 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Amount of Realized Gain/(Loss) | 0 | 0 | ||||
Amount of Unrealized Gain/(Loss) | 150 | 719 | ||||
Amount of Interest, Fees or Dividends Credited to Income | 92 | 78 | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 2,710 | [18],[28] | 1,540 | |||
Gross Additions | 150 | 1,170 | ||||
Gross Reductions | 0 | 0 | ||||
Ending balance | $ 2,860 | [19],[29] | $ 2,710 | [18],[28] | 1,540 | |
Investment, Identifier [Axis]: Chamberlin Holding LLC, Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Spread | 6% | [12],[13] | 6% | [16],[17] | ||
Amount of Realized Gain/(Loss) | $ 0 | $ 0 | ||||
Amount of Unrealized Gain/(Loss) | 195 | 0 | ||||
Amount of Interest, Fees or Dividends Credited to Income | 45 | 8 | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 0 | [16],[17] | 0 | |||
Gross Additions | 0 | 0 | ||||
Gross Reductions | 0 | 0 | ||||
Ending balance | $ 0 | [12],[13] | $ 0 | [16],[17] | 0 | |
Investment, Identifier [Axis]: Chamberlin Holding LLC, Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 13.49% | [13] | 12.13% | [17] | ||
Spread | 8% | [13] | 8% | [17] | ||
Amount of Realized Gain/(Loss) | $ 0 | $ 0 | ||||
Amount of Unrealized Gain/(Loss) | (7) | (68) | ||||
Amount of Interest, Fees or Dividends Credited to Income | 2,203 | 1,845 | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 16,945 | [17] | 17,817 | |||
Gross Additions | 7 | 68 | ||||
Gross Reductions | 1,332 | 940 | ||||
Ending balance | 15,620 | [13] | 16,945 | [17] | 17,817 | |
Investment, Identifier [Axis]: Chandler Signs Holdings, LLC, Class A Units | ||||||
Schedule of Investments [Line Items] | ||||||
Amount of Realized Gain/(Loss) | 1,797 | 0 | ||||
Amount of Unrealized Gain/(Loss) | (290) | 1,330 | ||||
Amount of Interest, Fees or Dividends Credited to Income | 60 | 0 | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 1,790 | [15] | 460 | |||
Gross Additions | 1,797 | 1,330 | ||||
Gross Reductions | 3,587 | 0 | ||||
Ending balance | $ 0 | $ 1,790 | [15] | 460 | ||
Investment, Identifier [Axis]: Channel Partners Intermediateco, LLC, Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 12.60% | [11],[13],[40] | 10.72% | [14],[15],[17],[41] | ||
Spread | 7% | [11],[13],[40] | 6.25% | [14],[15],[17],[41] | ||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [14],[15],[17],[41] | $ 1,841 | ||||
Ending balance | $ 1,988 | [11],[13],[40] | $ 1,841 | [14],[15],[17],[41] | ||
Investment, Identifier [Axis]: Channel Partners Intermediateco, LLC, Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 12.66% | [11],[13] | 10.71% | [14],[15],[17],[42] | ||
Spread | 7% | [11],[13] | 6.25% | [14],[15],[17],[42] | ||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [14],[15],[17],[42] | $ 38,484 | ||||
Ending balance | $ 35,064 | [11],[13] | $ 38,484 | [14],[15],[17],[42] | ||
Investment, Identifier [Axis]: Channel Partners Intermediateco, LLC, Secured Debt 3 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [11],[13] | 12.66% | ||||
Spread | [11],[13] | 7% | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Ending balance | [11],[13] | $ 1,943 | ||||
Investment, Identifier [Axis]: Channel Partners Intermediateco, LLC, Secured Debt 4 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [11],[13] | 12.66% | ||||
Spread | [11],[13] | 7% | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Ending balance | [11],[13] | $ 4,695 | ||||
Investment, Identifier [Axis]: Charps, LLC, Preferred Member Units | ||||||
Schedule of Investments [Line Items] | ||||||
Amount of Realized Gain/(Loss) | 0 | 0 | ||||
Amount of Unrealized Gain/(Loss) | 2,350 | (650) | ||||
Amount of Interest, Fees or Dividends Credited to Income | 1,463 | 764 | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 13,340 | [18] | 13,990 | |||
Gross Additions | 2,350 | 0 | ||||
Gross Reductions | 0 | 650 | ||||
Ending balance | $ 15,690 | [19] | $ 13,340 | [18] | 13,990 | |
Investment, Identifier [Axis]: Charps, LLC, Unsecured Debt | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 10% | 10% | ||||
Amount of Realized Gain/(Loss) | $ 0 | $ 0 | ||||
Amount of Unrealized Gain/(Loss) | (35) | (44) | ||||
Amount of Interest, Fees or Dividends Credited to Income | 604 | 613 | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 5,694 | 5,694 | ||||
Gross Additions | 35 | 44 | ||||
Gross Reductions | 35 | 44 | ||||
Ending balance | 5,694 | 5,694 | 5,694 | |||
Investment, Identifier [Axis]: Clad-Rex Steel, LLC, Member Units 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Amount of Realized Gain/(Loss) | 0 | 0 | ||||
Amount of Unrealized Gain/(Loss) | (3,020) | (2,030) | ||||
Amount of Interest, Fees or Dividends Credited to Income | 275 | 758 | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 8,220 | [18] | 10,250 | |||
Gross Additions | 0 | 0 | ||||
Gross Reductions | 3,020 | 2,030 | ||||
Ending balance | 5,200 | [19] | 8,220 | [18] | 10,250 | |
Investment, Identifier [Axis]: Clad-Rex Steel, LLC, Member Units 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Amount of Realized Gain/(Loss) | 0 | 0 | ||||
Amount of Unrealized Gain/(Loss) | 220 | 80 | ||||
Amount of Interest, Fees or Dividends Credited to Income | 0 | 0 | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 610 | [28] | 530 | |||
Gross Additions | 519 | 80 | ||||
Gross Reductions | 0 | 0 | ||||
Ending balance | $ 1,129 | [29] | $ 610 | [28] | 530 | |
Investment, Identifier [Axis]: Clad-Rex Steel, LLC, Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 11.50% | |||||
Spread | [14],[16],[17] | 9% | ||||
Amount of Realized Gain/(Loss) | $ 0 | $ 0 | ||||
Amount of Unrealized Gain/(Loss) | 0 | 0 | ||||
Amount of Interest, Fees or Dividends Credited to Income | 2 | 4 | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 0 | [14],[16],[17] | 0 | |||
Gross Additions | 0 | 0 | ||||
Gross Reductions | 0 | 0 | ||||
Ending balance | $ 0 | [12] | $ 0 | [14],[16],[17] | 0 | |
Investment, Identifier [Axis]: Clad-Rex Steel, LLC, Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 11.50% | 13.23% | [14],[17] | |||
Spread | [14],[17] | 9% | ||||
Amount of Realized Gain/(Loss) | $ 0 | |||||
Amount of Unrealized Gain/(Loss) | (138) | |||||
Amount of Interest, Fees or Dividends Credited to Income | 1,172 | |||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [14],[17] | 10,440 | ||||
Gross Additions | 40 | |||||
Gross Reductions | 2,058 | |||||
Ending balance | 8,422 | $ 10,440 | [14],[17] | |||
Investment, Identifier [Axis]: Clad-Rex Steel, LLC, Secured Debt 2.1 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 13.23% | |||||
Spread | 9% | |||||
Amount of Realized Gain/(Loss) | $ 0 | |||||
Amount of Unrealized Gain/(Loss) | 0 | |||||
Amount of Interest, Fees or Dividends Credited to Income | 1,255 | |||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | $ 10,440 | 10,401 | ||||
Gross Additions | 39 | |||||
Gross Reductions | 0 | |||||
Ending balance | $ 10,440 | 10,401 | ||||
Investment, Identifier [Axis]: Clad-Rex Steel, LLC, Secured Debt 3 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 10% | 10% | ||||
Amount of Realized Gain/(Loss) | $ 0 | $ 0 | ||||
Amount of Unrealized Gain/(Loss) | 0 | 0 | ||||
Amount of Interest, Fees or Dividends Credited to Income | 104 | 107 | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 1,039 | 1,071 | ||||
Gross Additions | 1 | 1 | ||||
Gross Reductions | 36 | 33 | ||||
Ending balance | 1,004 | $ 1,039 | 1,071 | |||
Investment, Identifier [Axis]: Clarius BIGS, LLC, Secured Debt | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [15],[20],[27] | 15% | ||||
PIK Rate | [15],[20],[27] | 15% | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [15],[20],[27] | 19 | ||||
Ending balance | 16 | [11],[21],[25] | $ 19 | [15],[20],[27] | ||
Investment, Identifier [Axis]: Classic H&G Holdings, LLC, Preferred Member Units | ||||||
Schedule of Investments [Line Items] | ||||||
Amount of Realized Gain/(Loss) | 0 | 0 | ||||
Amount of Unrealized Gain/(Loss) | (8,639) | 9,380 | ||||
Amount of Interest, Fees or Dividends Credited to Income | 5,354 | 1,711 | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 24,637 | [18] | 15,260 | |||
Gross Additions | 0 | 9,377 | ||||
Gross Reductions | 8,637 | 0 | ||||
Ending balance | $ 16,000 | [19] | $ 24,637 | [18] | 15,260 | |
Investment, Identifier [Axis]: Classic H&G Holdings, LLC, Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 11.69% | [13] | 9.75% | [17] | ||
Spread | 6% | [13] | 6% | [17] | ||
Amount of Realized Gain/(Loss) | $ 0 | $ 0 | ||||
Amount of Unrealized Gain/(Loss) | 0 | 0 | ||||
Amount of Interest, Fees or Dividends Credited to Income | 537 | 639 | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 4,560 | [17] | 4,000 | |||
Gross Additions | 0 | 11,720 | ||||
Gross Reductions | 0 | 11,160 | ||||
Ending balance | $ 4,560 | [13] | $ 4,560 | [17] | 4,000 | |
Investment, Identifier [Axis]: Classic H&G Holdings, LLC, Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 8% | 8% | ||||
Amount of Realized Gain/(Loss) | $ 0 | $ 0 | ||||
Amount of Unrealized Gain/(Loss) | (43) | (43) | ||||
Amount of Interest, Fees or Dividends Credited to Income | 1,606 | 1,606 | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 19,274 | 19,274 | ||||
Gross Additions | 43 | 43 | ||||
Gross Reductions | 43 | 43 | ||||
Ending balance | 19,274 | 19,274 | 19,274 | |||
Investment, Identifier [Axis]: Cody Pools, Inc., Preferred Member Units | ||||||
Schedule of Investments [Line Items] | ||||||
Amount of Realized Gain/(Loss) | 0 | 0 | ||||
Amount of Unrealized Gain/(Loss) | 14,290 | 10,540 | ||||
Amount of Interest, Fees or Dividends Credited to Income | 4,877 | 4,015 | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 58,180 | [18],[28] | 47,640 | |||
Gross Additions | 14,290 | 10,540 | ||||
Gross Reductions | 0 | 0 | ||||
Ending balance | 72,470 | [19],[29] | $ 58,180 | [18],[28] | 47,640 | |
Investment, Identifier [Axis]: Cody Pools, Inc., Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [17] | 15.38% | ||||
Spread | [17] | 10.50% | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [17] | 1,462 | ||||
Ending balance | $ 0 | [12] | $ 1,462 | [17] | ||
Investment, Identifier [Axis]: Cody Pools, Inc., Secured Debt 1.1 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 12.50% | |||||
Amount of Realized Gain/(Loss) | $ 0 | |||||
Amount of Unrealized Gain/(Loss) | 11 | |||||
Amount of Interest, Fees or Dividends Credited to Income | 14 | |||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 0 | |||||
Gross Additions | 0 | |||||
Gross Reductions | 0 | |||||
Ending balance | 0 | $ 0 | ||||
Investment, Identifier [Axis]: Cody Pools, Inc., Secured Debt 1.2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 15.38% | |||||
Spread | 10.50% | |||||
Amount of Realized Gain/(Loss) | $ 0 | |||||
Amount of Unrealized Gain/(Loss) | 19 | |||||
Amount of Interest, Fees or Dividends Credited to Income | 119 | |||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | $ 1,462 | (13) | ||||
Gross Additions | 4,971 | |||||
Gross Reductions | 3,496 | |||||
Ending balance | $ 1,462 | (13) | ||||
Investment, Identifier [Axis]: Cody Pools, Inc., Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 12.50% | 15.38% | [17] | |||
Spread | [17] | 10.50% | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [17] | $ 40,801 | ||||
Ending balance | $ 42,073 | $ 40,801 | [17] | |||
Investment, Identifier [Axis]: Cody Pools, Inc., Secured Debt 2.1 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 12.50% | |||||
Amount of Realized Gain/(Loss) | $ 0 | |||||
Amount of Unrealized Gain/(Loss) | 31 | |||||
Amount of Interest, Fees or Dividends Credited to Income | 3,384 | |||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 0 | |||||
Gross Additions | 46,312 | |||||
Gross Reductions | 4,239 | |||||
Ending balance | 42,073 | $ 0 | ||||
Investment, Identifier [Axis]: Cody Pools, Inc., Secured Debt 2.2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 15.38% | |||||
Spread | 10.50% | |||||
Amount of Realized Gain/(Loss) | $ 0 | |||||
Amount of Unrealized Gain/(Loss) | (86) | |||||
Amount of Interest, Fees or Dividends Credited to Income | 5,615 | |||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | $ 40,801 | 42,497 | ||||
Gross Additions | 86 | |||||
Gross Reductions | 1,782 | |||||
Ending balance | 40,801 | 42,497 | ||||
Investment, Identifier [Axis]: Cody Pools, Inc., Secured Debt 3 | ||||||
Schedule of Investments [Line Items] | ||||||
Spread | 10.50% | |||||
Amount of Realized Gain/(Loss) | $ 0 | |||||
Amount of Unrealized Gain/(Loss) | (19) | |||||
Amount of Interest, Fees or Dividends Credited to Income | 96 | |||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 1,462 | |||||
Gross Additions | 32 | |||||
Gross Reductions | 1,494 | |||||
Ending balance | $ 0 | 1,462 | ||||
Investment, Identifier [Axis]: Cody Pools, Inc., Secured Debt 4 | ||||||
Schedule of Investments [Line Items] | ||||||
Spread | 10.50% | |||||
Amount of Realized Gain/(Loss) | $ 0 | |||||
Amount of Unrealized Gain/(Loss) | (280) | |||||
Amount of Interest, Fees or Dividends Credited to Income | 2,683 | |||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 40,801 | |||||
Gross Additions | 0 | |||||
Gross Reductions | 40,801 | |||||
Ending balance | 0 | 40,801 | ||||
Investment, Identifier [Axis]: Colonial Electric Company LLC, Preferred Member Units | ||||||
Schedule of Investments [Line Items] | ||||||
Amount of Realized Gain/(Loss) | 0 | |||||
Amount of Unrealized Gain/(Loss) | 30 | |||||
Amount of Interest, Fees or Dividends Credited to Income | 1,397 | |||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 9,160 | [18] | 9,130 | |||
Gross Additions | 30 | |||||
Gross Reductions | 0 | |||||
Ending balance | 9,160 | [18] | 9,130 | |||
Investment, Identifier [Axis]: Colonial Electric Company LLC, Preferred Member Units 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Amount of Realized Gain/(Loss) | 0 | |||||
Amount of Unrealized Gain/(Loss) | 1,440 | |||||
Amount of Interest, Fees or Dividends Credited to Income | 0 | |||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 0 | |||||
Gross Additions | 2,400 | |||||
Gross Reductions | 0 | |||||
Ending balance | 2,400 | 0 | ||||
Investment, Identifier [Axis]: Colonial Electric Company LLC, Preferred Member Units 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Amount of Realized Gain/(Loss) | 0 | |||||
Amount of Unrealized Gain/(Loss) | (1,480) | |||||
Amount of Interest, Fees or Dividends Credited to Income | 0 | |||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 9,160 | |||||
Gross Additions | 0 | |||||
Gross Reductions | 1,480 | |||||
Ending balance | 7,680 | 9,160 | ||||
Investment, Identifier [Axis]: Colonial Electric Company LLC, Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Amount of Realized Gain/(Loss) | 0 | 0 | ||||
Amount of Unrealized Gain/(Loss) | 0 | 0 | ||||
Amount of Interest, Fees or Dividends Credited to Income | 52 | 48 | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 0 | [16] | 0 | |||
Gross Additions | 1,600 | 1,600 | ||||
Gross Reductions | 1,600 | 1,600 | ||||
Ending balance | $ 0 | [12] | $ 0 | [16] | 0 | |
Investment, Identifier [Axis]: Colonial Electric Company LLC, Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 12% | 12% | ||||
Amount of Realized Gain/(Loss) | $ 0 | $ 0 | ||||
Amount of Unrealized Gain/(Loss) | (319) | 0 | ||||
Amount of Interest, Fees or Dividends Credited to Income | 1,804 | 2,953 | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 23,151 | 24,351 | ||||
Gross Additions | 55 | 60 | ||||
Gross Reductions | 1,579 | 1,260 | ||||
Ending balance | 21,627 | 23,151 | 24,351 | |||
Investment, Identifier [Axis]: CompareNetworks Topco, LLC, Preferred Member Units | ||||||
Schedule of Investments [Line Items] | ||||||
Amount of Realized Gain/(Loss) | 0 | 0 | ||||
Amount of Unrealized Gain/(Loss) | (5,380) | 7,830 | ||||
Amount of Interest, Fees or Dividends Credited to Income | 316 | 632 | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 19,830 | [18] | 12,000 | |||
Gross Additions | 0 | 7,830 | ||||
Gross Reductions | 5,380 | 0 | ||||
Ending balance | $ 14,450 | [19] | $ 19,830 | [18] | 12,000 | |
Investment, Identifier [Axis]: CompareNetworks Topco, LLC, Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Spread | 9% | [12],[13],[25] | 9% | [16],[17],[27] | ||
Amount of Realized Gain/(Loss) | $ 0 | $ 0 | ||||
Amount of Unrealized Gain/(Loss) | 0 | 0 | ||||
Amount of Interest, Fees or Dividends Credited to Income | 0 | 0 | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 0 | [16],[17],[27] | 0 | |||
Gross Additions | 0 | 0 | ||||
Gross Reductions | 0 | 0 | ||||
Ending balance | $ 0 | [12],[13],[25] | $ 0 | [16],[17],[27] | 0 | |
Investment, Identifier [Axis]: CompareNetworks Topco, LLC, Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 14.48% | [13] | 13.13% | [17] | ||
Spread | 9% | [13] | 9% | [17] | ||
Amount of Realized Gain/(Loss) | $ 0 | $ 0 | ||||
Amount of Unrealized Gain/(Loss) | (9) | (16) | ||||
Amount of Interest, Fees or Dividends Credited to Income | 668 | 642 | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 5,241 | [17] | 6,477 | |||
Gross Additions | 9 | 16 | ||||
Gross Reductions | 1,796 | 1,252 | ||||
Ending balance | 3,454 | [13] | 5,241 | [17] | 6,477 | |
Investment, Identifier [Axis]: Compass Systems & Sales, LLC, Preferred Equity | ||||||
Schedule of Investments [Line Items] | ||||||
Amount of Realized Gain/(Loss) | 0 | |||||
Amount of Unrealized Gain/(Loss) | 0 | |||||
Amount of Interest, Fees or Dividends Credited to Income | 0 | |||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 0 | |||||
Gross Additions | 7,454 | |||||
Gross Reductions | 0 | |||||
Ending balance | $ 7,454 | 0 | ||||
Investment, Identifier [Axis]: Compass Systems & Sales, LLC, Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 13.50% | |||||
Amount of Realized Gain/(Loss) | $ 0 | |||||
Amount of Unrealized Gain/(Loss) | 0 | |||||
Amount of Interest, Fees or Dividends Credited to Income | 0 | |||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 0 | |||||
Gross Additions | 0 | |||||
Gross Reductions | 0 | |||||
Ending balance | $ 0 | [12] | 0 | |||
Investment, Identifier [Axis]: Compass Systems & Sales, LLC, Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 13.50% | |||||
Amount of Realized Gain/(Loss) | $ 0 | |||||
Amount of Unrealized Gain/(Loss) | 0 | |||||
Amount of Interest, Fees or Dividends Credited to Income | 608 | |||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 0 | |||||
Gross Additions | 17,034 | |||||
Gross Reductions | 0 | |||||
Ending balance | $ 17,034 | $ 0 | ||||
Investment, Identifier [Axis]: Computer Data Source, LLC, Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 13.52% | [11],[13],[43] | 12.56% | [15],[17],[44] | ||
Spread | 8% | [11],[13],[43] | 8% | [15],[17],[44] | ||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [15],[17],[44] | $ 4,621 | ||||
Ending balance | $ 4,848 | [11],[13],[43] | $ 4,621 | [15],[17],[44] | ||
Investment, Identifier [Axis]: Computer Data Source, LLC, Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 13.52% | [11],[13] | 12.56% | [15],[17] | ||
Spread | 8% | [11],[13] | 8% | [15],[17] | ||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [15],[17] | $ 17,178 | ||||
Ending balance | 17,757 | [11],[13] | $ 17,178 | [15],[17] | ||
Investment, Identifier [Axis]: Congruent Credit Opportunities Funds, LP Interests (Congruent Credit Opportunities Fund III, LP) | ||||||
Schedule of Investments [Line Items] | ||||||
Amount of Realized Gain/(Loss) | 0 | |||||
Amount of Unrealized Gain/(Loss) | 13 | |||||
Amount of Interest, Fees or Dividends Credited to Income | 443 | |||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 7,657 | |||||
Gross Additions | 13 | |||||
Gross Reductions | 3,318 | |||||
Ending balance | 4,352 | 7,657 | ||||
Investment, Identifier [Axis]: Congruent Credit Opportunities Funds, LP Interests (Congruent Credit Opportunities Fund III, LP) | ||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [18],[34],[35],[36] | 7,657 | ||||
Ending balance | 4,352 | [19],[32],[37],[38] | 7,657 | [18],[34],[35],[36] | ||
Investment, Identifier [Axis]: Congruent Credit Opportunities Funds, LP Interests (Congruent Credit Opportunities Fund III, LP) | ||||||
Schedule of Investments [Line Items] | ||||||
Amount of Realized Gain/(Loss) | 0 | |||||
Amount of Unrealized Gain/(Loss) | (142) | |||||
Amount of Interest, Fees or Dividends Credited to Income | 566 | |||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 7,657 | 9,959 | ||||
Gross Additions | 0 | |||||
Gross Reductions | 2,302 | |||||
Ending balance | 7,657 | 9,959 | ||||
Investment, Identifier [Axis]: Construction Supply Investments, LLC, Member Units | ||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [15],[18] | 21,165 | ||||
Ending balance | 23,135 | [11] | 21,165 | [15],[18] | ||
Investment, Identifier [Axis]: Copper Trail Fund Investments, LP Interests (CTMH, LP) | ||||||
Schedule of Investments [Line Items] | ||||||
Amount of Realized Gain/(Loss) | 0 | 0 | ||||
Amount of Unrealized Gain/(Loss) | 0 | 0 | ||||
Amount of Interest, Fees or Dividends Credited to Income | 38 | 0 | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 588 | [34],[35],[36] | 710 | |||
Gross Additions | 0 | 0 | ||||
Gross Reductions | 20 | 122 | ||||
Ending balance | 568 | [19],[32],[37],[38] | 588 | [34],[35],[36] | 710 | |
Investment, Identifier [Axis]: Cybermedia Technologies, LLC, Preferred Member Units | ||||||
Schedule of Investments [Line Items] | ||||||
Amount of Realized Gain/(Loss) | 0 | |||||
Amount of Unrealized Gain/(Loss) | 0 | |||||
Amount of Interest, Fees or Dividends Credited to Income | 163 | |||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 0 | |||||
Gross Additions | 15,000 | |||||
Gross Reductions | 0 | |||||
Ending balance | $ 15,000 | 0 | ||||
Investment, Identifier [Axis]: Cybermedia Technologies, LLC, Secured Debt | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 10% | |||||
Amount of Realized Gain/(Loss) | $ 0 | |||||
Amount of Unrealized Gain/(Loss) | 0 | |||||
Amount of Interest, Fees or Dividends Credited to Income | 7 | |||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 0 | |||||
Gross Additions | 0 | |||||
Gross Reductions | 0 | |||||
Ending balance | 0 | 0 | ||||
Investment, Identifier [Axis]: Cybermedia Technologies, LLC, Secured Debt 1 | ||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Ending balance | [12] | $ 0 | ||||
Investment, Identifier [Axis]: Cybermedia Technologies, LLC, Secured Debt 1.1 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 13% | |||||
Amount of Realized Gain/(Loss) | $ 0 | |||||
Amount of Unrealized Gain/(Loss) | 0 | |||||
Amount of Interest, Fees or Dividends Credited to Income | 2,989 | |||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 0 | |||||
Gross Additions | 28,752 | |||||
Gross Reductions | 363 | |||||
Ending balance | $ 28,389 | 0 | ||||
Investment, Identifier [Axis]: Cybermedia Technologies, LLC, Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 13% | |||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Ending balance | $ 28,389 | |||||
Investment, Identifier [Axis]: DMA Industries, LLC, Preferred Equity | ||||||
Schedule of Investments [Line Items] | ||||||
Amount of Realized Gain/(Loss) | 0 | 0 | ||||
Amount of Unrealized Gain/(Loss) | 400 | 1,316 | ||||
Amount of Interest, Fees or Dividends Credited to Income | 0 | 0 | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 7,260 | 5,944 | ||||
Gross Additions | 400 | 1,316 | ||||
Gross Reductions | 0 | 0 | ||||
Ending balance | $ 7,660 | $ 7,260 | 5,944 | |||
Investment, Identifier [Axis]: DMA Industries, LLC, Secured Debt | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 12% | 12% | ||||
Amount of Realized Gain/(Loss) | $ 0 | $ 0 | ||||
Amount of Unrealized Gain/(Loss) | (49) | 165 | ||||
Amount of Interest, Fees or Dividends Credited to Income | 2,518 | 2,621 | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 21,200 | 20,993 | ||||
Gross Additions | 49 | 207 | ||||
Gross Reductions | 2,449 | 0 | ||||
Ending balance | $ 18,800 | $ 21,200 | 20,993 | |||
Investment, Identifier [Axis]: DTE Enterprises, LLC, Class A Preferred Member Units | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 8% | [11] | 8% | [15] | ||
PIK Rate | 8% | [11] | 8% | [15] | ||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [15] | $ 380 | ||||
Ending balance | $ 260 | [11] | $ 380 | [15] | ||
Investment, Identifier [Axis]: DTE Enterprises, LLC, Class AA Preferred Member Units (non-voting) | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 10% | [11],[19] | 10% | [15],[18] | ||
PIK Rate | 10% | [11],[19] | 10% | [15],[18] | ||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [15],[18] | $ 1,161 | ||||
Ending balance | 1,284 | [11],[19] | $ 1,161 | [15],[18] | ||
Investment, Identifier [Axis]: DTE Enterprises, LLC, Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Spread | [15],[16],[17] | 7.50% | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [15],[16],[17] | (1) | ||||
Ending balance | [15],[16],[17] | $ (1) | ||||
Investment, Identifier [Axis]: DTE Enterprises, LLC, Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [15],[17] | 12.24% | ||||
Spread | [15],[17] | 7.50% | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [15],[17] | 5,934 | ||||
Ending balance | [15],[17] | $ 5,934 | ||||
Investment, Identifier [Axis]: Dalton US Inc., Common Stock | ||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [15] | 201 | ||||
Ending balance | 830 | [11] | $ 201 | [15] | ||
Investment, Identifier [Axis]: Dalton US Inc., Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [14],[15],[17] | 11.90% | ||||
Spread | [14],[15],[17] | 8% | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [14],[15],[17] | 1,077 | ||||
Ending balance | [14],[15],[17] | $ 1,077 | ||||
Investment, Identifier [Axis]: Dalton US Inc., Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Spread | [14],[15],[16],[17] | 8% | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [14],[15],[16],[17] | (74) | ||||
Ending balance | [14],[15],[16],[17] | $ (74) | ||||
Investment, Identifier [Axis]: Dalton US Inc., Secured Debt 3 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [14],[15],[17] | 12.56% | ||||
Spread | [14],[15],[17] | 8% | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [14],[15],[17] | 14,186 | ||||
Ending balance | [14],[15],[17] | $ 14,186 | ||||
Investment, Identifier [Axis]: Datacom, LLC, Preferred Member Units | ||||||
Schedule of Investments [Line Items] | ||||||
Amount of Realized Gain/(Loss) | 0 | 0 | ||||
Amount of Unrealized Gain/(Loss) | (2,600) | 60 | ||||
Amount of Interest, Fees or Dividends Credited to Income | (96) | 96 | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 2,670 | [18] | 2,610 | |||
Gross Additions | 0 | 60 | ||||
Gross Reductions | 2,600 | 0 | ||||
Ending balance | $ 70 | $ 2,670 | [18] | 2,610 | ||
Investment, Identifier [Axis]: Datacom, LLC, Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 7.50% | 7.50% | ||||
Amount of Realized Gain/(Loss) | $ 0 | $ 0 | ||||
Amount of Unrealized Gain/(Loss) | 0 | 0 | ||||
Amount of Interest, Fees or Dividends Credited to Income | 40 | 4 | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 223 | 0 | ||||
Gross Additions | 809 | 223 | ||||
Gross Reductions | 585 | 0 | ||||
Ending balance | $ 447 | $ 223 | 0 | |||
Investment, Identifier [Axis]: Datacom, LLC, Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 10% | 7.50% | ||||
Amount of Realized Gain/(Loss) | $ 0 | $ 0 | ||||
Amount of Unrealized Gain/(Loss) | (85) | 228 | ||||
Amount of Interest, Fees or Dividends Credited to Income | 1,012 | 829 | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 7,789 | 7,668 | ||||
Gross Additions | 153 | 391 | ||||
Gross Reductions | 355 | 270 | ||||
Ending balance | 7,587 | 7,789 | 7,668 | |||
Investment, Identifier [Axis]: Digital Products Holdings LLC, Preferred Member Units | ||||||
Schedule of Investments [Line Items] | ||||||
Amount of Realized Gain/(Loss) | 0 | 0 | ||||
Amount of Unrealized Gain/(Loss) | 0 | 0 | ||||
Amount of Interest, Fees or Dividends Credited to Income | 200 | 200 | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 9,835 | [18] | 9,835 | |||
Gross Additions | 0 | 0 | ||||
Gross Reductions | 0 | 0 | ||||
Ending balance | $ 9,835 | [19] | $ 9,835 | [18] | 9,835 | |
Investment, Identifier [Axis]: Digital Products Holdings LLC, Secured Debt | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 15.38% | [13] | 14.13% | [17] | ||
Spread | 10% | [13] | 10% | [17] | ||
Amount of Realized Gain/(Loss) | $ 0 | $ 0 | ||||
Amount of Unrealized Gain/(Loss) | (67) | 0 | ||||
Amount of Interest, Fees or Dividends Credited to Income | 2,332 | 1,991 | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 15,523 | [17] | 16,801 | |||
Gross Additions | 0 | 43 | ||||
Gross Reductions | 833 | 1,321 | ||||
Ending balance | 14,690 | [13] | 15,523 | [17] | 16,801 | |
Investment, Identifier [Axis]: Direct Marketing Solutions, Inc., Preferred Stock | ||||||
Schedule of Investments [Line Items] | ||||||
Amount of Realized Gain/(Loss) | 0 | 0 | ||||
Amount of Unrealized Gain/(Loss) | (1,480) | 3,870 | ||||
Amount of Interest, Fees or Dividends Credited to Income | 171 | 1,371 | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 22,220 | [18] | 18,350 | |||
Gross Additions | 0 | 3,870 | ||||
Gross Reductions | 1,480 | 0 | ||||
Ending balance | $ 20,740 | [19] | $ 22,220 | [18] | 18,350 | |
Investment, Identifier [Axis]: Direct Marketing Solutions, Inc., Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 14% | |||||
Spread | [16],[17] | 11% | ||||
Amount of Realized Gain/(Loss) | $ 0 | $ 0 | ||||
Amount of Unrealized Gain/(Loss) | (29) | 88 | ||||
Amount of Interest, Fees or Dividends Credited to Income | 91 | 235 | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 0 | [16],[17] | (22) | |||
Gross Additions | 1,304 | 4,272 | ||||
Gross Reductions | 71 | 4,250 | ||||
Ending balance | $ 1,233 | $ 0 | [16],[17] | (22) | ||
Investment, Identifier [Axis]: Direct Marketing Solutions, Inc., Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 14% | 15.13% | [17] | |||
Spread | [17] | 11% | ||||
Amount of Realized Gain/(Loss) | $ 0 | $ 0 | ||||
Amount of Unrealized Gain/(Loss) | (59) | 145 | ||||
Amount of Interest, Fees or Dividends Credited to Income | 3,687 | 327 | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 27,267 | [17] | 0 | |||
Gross Additions | 59 | 27,267 | ||||
Gross Reductions | 1,783 | 0 | ||||
Ending balance | 25,543 | $ 27,267 | [17] | 0 | ||
Investment, Identifier [Axis]: Direct Marketing Solutions, Inc., Secured Debt 3 | ||||||
Schedule of Investments [Line Items] | ||||||
Spread | 11% | |||||
Amount of Realized Gain/(Loss) | $ 0 | |||||
Amount of Unrealized Gain/(Loss) | (137) | |||||
Amount of Interest, Fees or Dividends Credited to Income | 2,953 | |||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 0 | 24,070 | ||||
Gross Additions | 0 | |||||
Gross Reductions | 24,070 | |||||
Ending balance | 0 | 24,070 | ||||
Investment, Identifier [Axis]: Dos Rios Partners, LP Interests (Dos Rios Partners - A, LP) | ||||||
Schedule of Investments [Line Items] | ||||||
Amount of Realized Gain/(Loss) | 241 | 64 | ||||
Amount of Unrealized Gain/(Loss) | (221) | (335) | ||||
Amount of Interest, Fees or Dividends Credited to Income | 0 | 0 | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 2,898 | [34],[35],[36] | 3,280 | |||
Gross Additions | 241 | 64 | ||||
Gross Reductions | 508 | 446 | ||||
Ending balance | 2,631 | [32],[37],[38] | 2,898 | [34],[35],[36] | 3,280 | |
Investment, Identifier [Axis]: Dos Rios Partners, LP Interests (Dos Rios Partners, LP) | ||||||
Schedule of Investments [Line Items] | ||||||
Amount of Realized Gain/(Loss) | 759 | 202 | ||||
Amount of Unrealized Gain/(Loss) | (539) | (1,055) | ||||
Amount of Interest, Fees or Dividends Credited to Income | 0 | 1 | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 9,127 | [34],[35],[36] | 10,329 | |||
Gross Additions | 759 | 202 | ||||
Gross Reductions | 1,443 | 1,404 | ||||
Ending balance | 8,443 | [32],[37],[38] | 9,127 | [34],[35],[36] | 10,329 | |
Investment, Identifier [Axis]: Dos Rios Stone Products LLC, Class A Preferred Units | ||||||
Schedule of Investments [Line Items] | ||||||
Amount of Realized Gain/(Loss) | 0 | 0 | ||||
Amount of Unrealized Gain/(Loss) | 250 | 690 | ||||
Amount of Interest, Fees or Dividends Credited to Income | 0 | 0 | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 1,330 | [15],[28] | 640 | |||
Gross Additions | 250 | 690 | ||||
Gross Reductions | 0 | 0 | ||||
Ending balance | 1,580 | [11],[29] | 1,330 | [15],[28] | 640 | |
Investment, Identifier [Axis]: Dreyfus Government Cash Management | ||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Ending balance | [45] | 13,476 | ||||
Investment, Identifier [Axis]: Dynamic Communities, LLC, Common Equity | ||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [15] | 0 | ||||
Ending balance | 0 | [11] | 0 | [15] | ||
Investment, Identifier [Axis]: Dynamic Communities, LLC, Preferred Equity 1 | ||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [15] | 128 | ||||
Ending balance | 60 | [11] | 128 | [15] | ||
Investment, Identifier [Axis]: Dynamic Communities, LLC, Preferred Equity 2 | ||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [15] | 0 | ||||
Ending balance | $ 0 | [11] | $ 0 | [15] | ||
Investment, Identifier [Axis]: Dynamic Communities, LLC, Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 10.45% | [11],[13] | 9.18% | [14],[15],[17] | ||
Spread | 5% | [11],[13] | 4.50% | [14],[15],[17] | ||
PIK Rate | 10.45% | [11],[13] | 9.18% | [14],[15],[17] | ||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [14],[15],[17] | $ 1,717 | ||||
Ending balance | $ 1,912 | [11],[13] | $ 1,717 | [14],[15],[17] | ||
Investment, Identifier [Axis]: Dynamic Communities, LLC, Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 12.45% | [11],[13] | 11.18% | [14],[15],[17] | ||
Spread | 7% | [11],[13] | 6.50% | [14],[15],[17] | ||
PIK Rate | 12.45% | [11],[13] | 11.18% | [14],[15],[17] | ||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [14],[15],[17] | $ 1,642 | ||||
Ending balance | 1,859 | [11],[13] | $ 1,642 | [14],[15],[17] | ||
Investment, Identifier [Axis]: EIG Fund Investments, LP Interests (EIG Global Private Debt Fund-A, L.P.) | ||||||
Schedule of Investments [Line Items] | ||||||
Amount of Realized Gain/(Loss) | 33 | 20 | ||||
Amount of Unrealized Gain/(Loss) | 0 | 0 | ||||
Amount of Interest, Fees or Dividends Credited to Income | 89 | 103 | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 1,013 | [18],[34],[35],[36] | 547 | |||
Gross Additions | 176 | 1,102 | ||||
Gross Reductions | 429 | 636 | ||||
Ending balance | 760 | [19],[32],[37],[38] | $ 1,013 | [18],[34],[35],[36] | 547 | |
Investment, Identifier [Axis]: EPIC Y-Grade Services, LP, Secured Debt | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [7],[17] | 10.70% | ||||
Spread | [7],[17] | 6% | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [7],[17] | $ 6,141 | ||||
Ending balance | [7],[17] | $ 6,141 | ||||
Investment, Identifier [Axis]: Eastern Wholesale Fence LLC, Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 13.50% | [11],[13] | 11.73% | [15],[17] | ||
Spread | 8% | [11],[13] | 7% | [15],[17] | ||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [15],[17] | $ 3,276 | ||||
Ending balance | $ 927 | [11],[13] | $ 3,276 | [15],[17] | ||
Investment, Identifier [Axis]: Eastern Wholesale Fence LLC, Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 13.50% | [11],[13] | 11.73% | [15],[17] | ||
Spread | 8% | [11],[13] | 7% | [15],[17] | ||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [15],[17] | $ 4,916 | ||||
Ending balance | $ 4,596 | [11],[13] | $ 4,916 | [15],[17] | ||
Investment, Identifier [Axis]: Eastern Wholesale Fence LLC, Secured Debt 3 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 13.50% | [11],[13] | 11.73% | [15],[17] | ||
Spread | 8% | [11],[13] | 7% | [15],[17] | ||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [15],[17] | $ 22,967 | ||||
Ending balance | $ 9,167 | [11],[13] | $ 22,967 | [15],[17] | ||
Investment, Identifier [Axis]: Eastern Wholesale Fence LLC, Secured Debt 4 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [11],[13] | 13.50% | ||||
Spread | [11],[13] | 8% | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Ending balance | [11],[13] | $ 1,901 | ||||
Investment, Identifier [Axis]: Eastern Wholesale Fence LLC, Secured Debt 5 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [11],[13] | 13.50% | ||||
Spread | [11],[13] | 8% | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Ending balance | [11],[13] | $ 10,403 | ||||
Investment, Identifier [Axis]: Elgin AcquireCo, LLC, Common Stock 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Amount of Realized Gain/(Loss) | 0 | 0 | ||||
Amount of Unrealized Gain/(Loss) | 364 | 0 | ||||
Amount of Interest, Fees or Dividends Credited to Income | 0 | 0 | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 7,603 | 0 | ||||
Gross Additions | 364 | 9,668 | ||||
Gross Reductions | 1,877 | 2,065 | ||||
Ending balance | 6,090 | 7,603 | 0 | |||
Investment, Identifier [Axis]: Elgin AcquireCo, LLC, Common Stock 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Amount of Realized Gain/(Loss) | 0 | 0 | ||||
Amount of Unrealized Gain/(Loss) | 112 | 0 | ||||
Amount of Interest, Fees or Dividends Credited to Income | 0 | 0 | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 1,558 | [28] | 0 | |||
Gross Additions | 112 | 1,558 | ||||
Gross Reductions | 0 | 0 | ||||
Ending balance | $ 1,670 | [29] | $ 1,558 | [28] | 0 | |
Investment, Identifier [Axis]: Elgin AcquireCo, LLC, Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Spread | 6% | [12],[13] | 6% | [14],[16],[17] | ||
Amount of Realized Gain/(Loss) | $ 0 | $ 0 | ||||
Amount of Unrealized Gain/(Loss) | 0 | 0 | ||||
Amount of Interest, Fees or Dividends Credited to Income | 9 | 2 | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | (9) | [14],[16],[17] | 0 | |||
Gross Additions | 2 | 0 | ||||
Gross Reductions | 0 | 9 | ||||
Ending balance | $ (7) | [12],[13] | $ (9) | [14],[16],[17] | 0 | |
Investment, Identifier [Axis]: Elgin AcquireCo, LLC, Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 12% | 12% | ||||
Amount of Realized Gain/(Loss) | $ 0 | $ 0 | ||||
Amount of Unrealized Gain/(Loss) | 0 | 0 | ||||
Amount of Interest, Fees or Dividends Credited to Income | 2,322 | 948 | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 18,594 | 0 | ||||
Gross Additions | 38 | 18,594 | ||||
Gross Reductions | 0 | 0 | ||||
Ending balance | $ 18,632 | $ 18,594 | 0 | |||
Investment, Identifier [Axis]: Elgin AcquireCo, LLC, Secured Debt 3 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 9% | 9% | ||||
Amount of Realized Gain/(Loss) | $ 0 | $ 0 | ||||
Amount of Unrealized Gain/(Loss) | 0 | 0 | ||||
Amount of Interest, Fees or Dividends Credited to Income | 573 | 144 | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 6,294 | 0 | ||||
Gross Additions | 3 | 6,301 | ||||
Gross Reductions | 45 | 7 | ||||
Ending balance | $ 6,252 | $ 6,294 | 0 | |||
Investment, Identifier [Axis]: Emerald Technologies Acquisition Co, Inc., Secured Debt | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 11.79% | [8],[13] | 10.67% | [7],[14],[17] | ||
Spread | 6.25% | [8],[13] | 6.25% | [7],[14],[17] | ||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [7],[14],[17] | $ 8,787 | ||||
Ending balance | 8,158 | [8],[13] | $ 8,787 | [7],[14],[17] | ||
Investment, Identifier [Axis]: EnCap Energy Fund Investments, LP Interests (EnCap Energy Capital Fund IX, L.P.) | ||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [18],[34],[35],[36] | 2,019 | ||||
Ending balance | 1,720 | [19],[32],[37],[38] | 2,019 | [18],[34],[35],[36] | ||
Investment, Identifier [Axis]: EnCap Energy Fund Investments, LP Interests (EnCap Energy Capital Fund VIII Co-Investors, L.P.) | ||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [18],[34],[35],[36] | 1,037 | ||||
Ending balance | 899 | [19],[32],[37],[38] | 1,037 | [18],[34],[35],[36] | ||
Investment, Identifier [Axis]: EnCap Energy Fund Investments, LP Interests (EnCap Energy Capital Fund VIII, L.P.) | ||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [18],[34],[35],[36] | 2,092 | ||||
Ending balance | 1,918 | [19],[32],[37],[38] | 2,092 | [18],[34],[35],[36] | ||
Investment, Identifier [Axis]: EnCap Energy Fund Investments, LP Interests (EnCap Energy Capital Fund X, L.P.) | ||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [18],[34],[35],[36] | 9,351 | ||||
Ending balance | 5,858 | [19],[32],[37],[38] | 9,351 | [18],[34],[35],[36] | ||
Investment, Identifier [Axis]: EnCap Energy Fund Investments, LP Interests (EnCap Flatrock Midstream Fund II, L.P.) | ||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [34],[35],[36] | 1,688 | ||||
Ending balance | 1,413 | [19],[32],[37],[38] | 1,688 | [34],[35],[36] | ||
Investment, Identifier [Axis]: EnCap Energy Fund Investments, LP Interests (EnCap Flatrock Midstream Fund III, L.P.) | ||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [18],[34],[35],[36] | 5,718 | ||||
Ending balance | $ 4,056 | [19],[32],[37],[38] | $ 5,718 | [18],[34],[35],[36] | ||
Investment, Identifier [Axis]: Engineering Research & Consulting, LLC, Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [14],[15],[17] | 11.68% | ||||
Spread | 5.50% | [11],[12],[13] | 6.50% | [14],[15],[17] | ||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [14],[15],[17] | $ 131 | ||||
Ending balance | $ 0 | [11],[12],[13] | $ 131 | [14],[15],[17] | ||
Investment, Identifier [Axis]: Engineering Research & Consulting, LLC, Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 11.98% | [11],[13] | 10.92% | [14],[15],[17] | ||
Spread | 6.50% | [11],[13] | 6.50% | [14],[15],[17] | ||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [14],[15],[17] | $ 16,338 | ||||
Ending balance | 16,134 | [11],[13] | $ 16,338 | [14],[15],[17] | ||
Investment, Identifier [Axis]: Escalent, Inc., Common Equity | ||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Ending balance | [11] | $ 730 | ||||
Investment, Identifier [Axis]: Escalent, Inc., Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Spread | [11],[12],[13] | 8% | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Ending balance | [11],[12],[13] | $ (35) | ||||
Investment, Identifier [Axis]: Escalent, Inc., Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [11],[13] | 13.45% | ||||
Spread | [11],[13] | 8% | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Ending balance | [11],[13] | $ 26,313 | ||||
Investment, Identifier [Axis]: Event Holdco, LLC, Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 12.61% | [11],[13] | 10.67% | [15],[17],[28] | ||
Spread | 7% | [11],[13] | 7% | [15],[17],[28] | ||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [15],[17],[28] | $ 3,507 | ||||
Ending balance | $ 3,626 | [11],[13] | $ 3,507 | [15],[17],[28] | ||
Investment, Identifier [Axis]: Event Holdco, LLC, Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 12.61% | [11],[13] | 10.67% | [15],[17],[28] | ||
Spread | 7% | [11],[13] | 7% | [15],[17],[28] | ||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [15],[17],[28] | $ 42,083 | ||||
Ending balance | 43,373 | [11],[13] | $ 42,083 | [15],[17],[28] | ||
Investment, Identifier [Axis]: Fidelity Government Fund | ||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Ending balance | [46] | 1,678 | ||||
Investment, Identifier [Axis]: Fidelity Treasury | ||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Ending balance | [47] | 70 | ||||
Investment, Identifier [Axis]: Flame King Holdings, LLC, Preferred Equity | ||||||
Schedule of Investments [Line Items] | ||||||
Amount of Realized Gain/(Loss) | 0 | 0 | ||||
Amount of Unrealized Gain/(Loss) | 10,320 | 7,180 | ||||
Amount of Interest, Fees or Dividends Credited to Income | 3,257 | 2,153 | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 17,580 | [18] | 10,400 | |||
Gross Additions | 10,320 | 7,180 | ||||
Gross Reductions | 0 | 0 | ||||
Ending balance | $ 27,900 | [19] | $ 17,580 | [18] | 10,400 | |
Investment, Identifier [Axis]: Flame King Holdings, LLC, Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [17] | 10.75% | ||||
Spread | 6.50% | 6.50% | [17] | |||
Amount of Realized Gain/(Loss) | $ 0 | $ 0 | ||||
Amount of Unrealized Gain/(Loss) | (60) | 60 | ||||
Amount of Interest, Fees or Dividends Credited to Income | 484 | 669 | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 7,600 | [17] | 6,324 | |||
Gross Additions | 60 | 1,276 | ||||
Gross Reductions | 7,660 | 0 | ||||
Ending balance | $ 0 | $ 7,600 | [17] | 6,324 | ||
Investment, Identifier [Axis]: Flame King Holdings, LLC, Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [17] | 13.25% | ||||
Spread | 9% | 9% | [17] | |||
Amount of Realized Gain/(Loss) | $ 0 | $ 0 | ||||
Amount of Unrealized Gain/(Loss) | (162) | 162 | ||||
Amount of Interest, Fees or Dividends Credited to Income | 1,583 | 2,739 | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 21,200 | [17] | 20,996 | |||
Gross Additions | 162 | 204 | ||||
Gross Reductions | 21,362 | 0 | ||||
Ending balance | 0 | $ 21,200 | [17] | 20,996 | ||
Investment, Identifier [Axis]: Flip Electronics LLC, Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [14],[15],[17] | 11.21% | ||||
Spread | [14],[15],[17] | 7.50% | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [14],[15],[17] | 736 | ||||
Ending balance | [14],[15],[17] | $ 736 | ||||
Investment, Identifier [Axis]: Flip Electronics LLC, Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [14],[15],[17] | 12.19% | ||||
Spread | [14],[15],[17] | 7.50% | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [14],[15],[17] | 11,095 | ||||
Ending balance | [14],[15],[17] | $ 11,095 | ||||
Investment, Identifier [Axis]: Freeport Financial Funds, LP Interests (Freeport Financial SBIC Fund LP) | ||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [34],[35],[36] | 3,483 | ||||
Ending balance | 3,012 | [32],[37],[38] | 3,483 | [34],[35],[36] | ||
Investment, Identifier [Axis]: Freeport Financial Funds, LP Interests (Freeport First Lien Loan Fund III LP) | ||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [18],[34],[35],[36] | 5,848 | ||||
Ending balance | 3,704 | [19],[32],[37],[38] | 5,848 | [18],[34],[35],[36] | ||
Investment, Identifier [Axis]: Freeport Financial SBIC Fund LP, LP Interests (Freeport Financial SBIC Fund LP) | ||||||
Schedule of Investments [Line Items] | ||||||
Amount of Realized Gain/(Loss) | 0 | |||||
Amount of Unrealized Gain/(Loss) | (128) | |||||
Amount of Interest, Fees or Dividends Credited to Income | 3 | |||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 3,483 | 6,078 | ||||
Gross Additions | 0 | |||||
Gross Reductions | 2,595 | |||||
Ending balance | 3,483 | 6,078 | ||||
Investment, Identifier [Axis]: Freeport Financial SBIC Fund LP, LP Interests (Freeport First Lien Loan Fund III LP) | ||||||
Schedule of Investments [Line Items] | ||||||
Amount of Realized Gain/(Loss) | 0 | 0 | ||||
Amount of Unrealized Gain/(Loss) | 0 | (57) | ||||
Amount of Interest, Fees or Dividends Credited to Income | 598 | 442 | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 5,848 | 7,231 | ||||
Gross Additions | 0 | 0 | ||||
Gross Reductions | 2,144 | 1,383 | ||||
Ending balance | 3,704 | 5,848 | 7,231 | |||
Investment, Identifier [Axis]: Freeport Financial SBIC Fund LP, LP Interests (Freeport First Lien Loan Fund LP) | ||||||
Schedule of Investments [Line Items] | ||||||
Amount of Realized Gain/(Loss) | 0 | |||||
Amount of Unrealized Gain/(Loss) | 177 | |||||
Amount of Interest, Fees or Dividends Credited to Income | 0 | |||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 3,483 | |||||
Gross Additions | 177 | |||||
Gross Reductions | 648 | |||||
Ending balance | 3,012 | 3,483 | ||||
Investment, Identifier [Axis]: Fuse, LLC, Common Stock | ||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [7] | 0 | ||||
Ending balance | $ 0 | [8] | $ 0 | [7] | ||
Investment, Identifier [Axis]: Fuse, LLC, Secured Debt | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 12% | [8] | 12% | [7] | ||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [7] | $ 1,512 | ||||
Ending balance | 1,320 | [8] | $ 1,512 | [7] | ||
Investment, Identifier [Axis]: GFG Group, LLC, Preferred Member Units | ||||||
Schedule of Investments [Line Items] | ||||||
Amount of Realized Gain/(Loss) | 0 | |||||
Amount of Unrealized Gain/(Loss) | 4,320 | |||||
Amount of Interest, Fees or Dividends Credited to Income | 802 | |||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 7,140 | |||||
Gross Additions | 4,320 | |||||
Gross Reductions | 0 | |||||
Ending balance | $ 11,460 | [19] | 7,140 | |||
Investment, Identifier [Axis]: GFG Group, LLC, Secured Debt | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 8% | |||||
Amount of Realized Gain/(Loss) | $ 0 | |||||
Amount of Unrealized Gain/(Loss) | (33) | |||||
Amount of Interest, Fees or Dividends Credited to Income | 988 | |||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 11,345 | |||||
Gross Additions | 33 | |||||
Gross Reductions | 2,033 | |||||
Ending balance | 9,345 | 11,345 | ||||
Investment, Identifier [Axis]: GFG Group, LLC., Preferred Member Units | ||||||
Schedule of Investments [Line Items] | ||||||
Amount of Realized Gain/(Loss) | 0 | |||||
Amount of Unrealized Gain/(Loss) | 150 | |||||
Amount of Interest, Fees or Dividends Credited to Income | 577 | |||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 7,140 | [18] | 6,990 | |||
Gross Additions | 150 | |||||
Gross Reductions | 0 | |||||
Ending balance | $ 7,140 | [18] | 6,990 | |||
Investment, Identifier [Axis]: GFG Group, LLC., Secured Debt | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 9% | |||||
Amount of Realized Gain/(Loss) | $ 0 | |||||
Amount of Unrealized Gain/(Loss) | (34) | |||||
Amount of Interest, Fees or Dividends Credited to Income | 1,248 | |||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 11,345 | 12,545 | ||||
Gross Additions | 34 | |||||
Gross Reductions | 1,234 | |||||
Ending balance | 11,345 | 12,545 | ||||
Investment, Identifier [Axis]: GRT Rubber Technologies LLC, Member Units | ||||||
Schedule of Investments [Line Items] | ||||||
Amount of Realized Gain/(Loss) | 0 | 0 | ||||
Amount of Unrealized Gain/(Loss) | 0 | (1,750) | ||||
Amount of Interest, Fees or Dividends Credited to Income | 183 | 2,525 | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 44,440 | [18] | 46,190 | |||
Gross Additions | 0 | 0 | ||||
Gross Reductions | 0 | 1,750 | ||||
Ending balance | $ 44,440 | $ 44,440 | [18] | 46,190 | ||
Investment, Identifier [Axis]: GRT Rubber Technologies LLC, Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 11.48% | 10.12% | ||||
Spread | 6% | 6% | ||||
Amount of Realized Gain/(Loss) | $ 0 | $ 0 | ||||
Amount of Unrealized Gain/(Loss) | 6 | 0 | ||||
Amount of Interest, Fees or Dividends Credited to Income | 177 | 25 | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 670 | 0 | ||||
Gross Additions | 1,730 | 670 | ||||
Gross Reductions | 0 | 0 | ||||
Ending balance | $ 2,400 | $ 670 | 0 | |||
Investment, Identifier [Axis]: GRT Rubber Technologies LLC, Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 13.48% | 12.12% | ||||
Spread | 8% | 8% | ||||
Amount of Realized Gain/(Loss) | $ 0 | $ 0 | ||||
Amount of Unrealized Gain/(Loss) | (47) | (33) | ||||
Amount of Interest, Fees or Dividends Credited to Income | 5,428 | 3,973 | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 40,493 | 38,885 | ||||
Gross Additions | 47 | 1,641 | ||||
Gross Reductions | 47 | 33 | ||||
Ending balance | $ 40,493 | $ 40,493 | 38,885 | |||
Investment, Identifier [Axis]: GS HVAM Intermediate, LLC, Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 11.96% | [11],[13],[48] | 11.20% | [15],[17] | ||
Spread | 6.50% | [11],[13],[48] | 6.50% | [15],[17] | ||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [15],[17] | $ 2,171 | ||||
Ending balance | $ 1,545 | [11],[13],[48] | $ 2,171 | [15],[17] | ||
Investment, Identifier [Axis]: GS HVAM Intermediate, LLC, Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [15],[17] | 11.24% | ||||
Spread | 6.50% | [11],[12],[13] | 6.50% | [15],[17] | ||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [15],[17] | $ 10,705 | ||||
Ending balance | $ (9) | [11],[12],[13] | $ 10,705 | [15],[17] | ||
Investment, Identifier [Axis]: GS HVAM Intermediate, LLC, Secured Debt 3 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [11],[13] | 11.96% | ||||
Spread | [11],[13] | 6.50% | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Ending balance | [11],[13] | $ 10,624 | ||||
Investment, Identifier [Axis]: GS HVAM Intermediate, LLC, Secured Debt 4 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [11],[13] | 11.96% | ||||
Spread | [11],[13] | 6.50% | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Ending balance | [11],[13] | $ 952 | ||||
Investment, Identifier [Axis]: GS HVAM Intermediate, LLC, Secured Debt 5 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [11],[13] | 11.96% | ||||
Spread | [11],[13] | 6.50% | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Ending balance | [11],[13] | $ 227 | ||||
Investment, Identifier [Axis]: GULF PACIFIC ACQUISITION, LLC, Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 11.28% | [11],[13],[49] | 10.42% | [14],[15],[17] | ||
Spread | 5.75% | [11],[13],[49] | 6% | [14],[15],[17] | ||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [14],[15],[17] | $ 252 | ||||
Ending balance | $ 454 | [11],[13],[49] | $ 252 | [14],[15],[17] | ||
Investment, Identifier [Axis]: GULF PACIFIC ACQUISITION, LLC, Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [11],[13] | 11.38% | ||||
Spread | 5.75% | [11],[13] | 6% | [14],[15],[16],[17] | ||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [14],[15],[16],[17] | $ (15) | ||||
Ending balance | $ 301 | [11],[13] | $ (15) | [14],[15],[16],[17] | ||
Investment, Identifier [Axis]: GULF PACIFIC ACQUISITION, LLC, Secured Debt 3 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 11.25% | [11],[13] | 10.73% | [14],[15],[17] | ||
Spread | 5.75% | [11],[13] | 6% | [14],[15],[17] | ||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [14],[15],[17] | $ 3,661 | ||||
Ending balance | 3,615 | [11],[13] | $ 3,661 | [14],[15],[17] | ||
Investment, Identifier [Axis]: Gamber-Johnson Holdings, LLC, Member Units | ||||||
Schedule of Investments [Line Items] | ||||||
Amount of Realized Gain/(Loss) | 0 | 0 | ||||
Amount of Unrealized Gain/(Loss) | 45,820 | 1,190 | ||||
Amount of Interest, Fees or Dividends Credited to Income | 5,961 | 895 | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 50,890 | [18] | 49,700 | |||
Gross Additions | 45,820 | 1,190 | ||||
Gross Reductions | 0 | 0 | ||||
Ending balance | $ 96,710 | [19] | $ 50,890 | [18] | 49,700 | |
Investment, Identifier [Axis]: Gamber-Johnson Holdings, LLC, Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Spread | 7.50% | [12],[13],[23] | 8.50% | [14],[16],[17] | ||
Amount of Realized Gain/(Loss) | $ 0 | $ 0 | ||||
Amount of Unrealized Gain/(Loss) | 0 | 0 | ||||
Amount of Interest, Fees or Dividends Credited to Income | 6 | 6 | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 0 | [14],[16],[17] | 0 | |||
Gross Additions | 0 | 0 | ||||
Gross Reductions | 0 | 0 | ||||
Ending balance | $ 0 | [12],[13],[23] | $ 0 | [14],[16],[17] | 0 | |
Investment, Identifier [Axis]: Gamber-Johnson Holdings, LLC, Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 10.50% | [13],[23] | 11.50% | [14],[17] | ||
Spread | 7.50% | [13],[23] | 8.50% | [14],[17] | ||
Amount of Realized Gain/(Loss) | $ 0 | $ 0 | ||||
Amount of Unrealized Gain/(Loss) | (128) | 393 | ||||
Amount of Interest, Fees or Dividends Credited to Income | 6,684 | 1,152 | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 64,078 | [14],[17] | 0 | |||
Gross Additions | 128 | 64,078 | ||||
Gross Reductions | 10,128 | 0 | ||||
Ending balance | 54,078 | [13],[23] | $ 64,078 | [14],[17] | 0 | |
Investment, Identifier [Axis]: Gamber-Johnson Holdings, LLC, Secured Debt 3 | ||||||
Schedule of Investments [Line Items] | ||||||
Spread | 7.50% | |||||
Amount of Realized Gain/(Loss) | $ 0 | |||||
Amount of Unrealized Gain/(Loss) | (63) | |||||
Amount of Interest, Fees or Dividends Credited to Income | 2,233 | |||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 0 | 21,598 | ||||
Gross Additions | 0 | |||||
Gross Reductions | 21,598 | |||||
Ending balance | 0 | 21,598 | ||||
Investment, Identifier [Axis]: Garreco, LLC, Member Units | ||||||
Schedule of Investments [Line Items] | ||||||
Amount of Realized Gain/(Loss) | 0 | 0 | ||||
Amount of Unrealized Gain/(Loss) | (220) | (470) | ||||
Amount of Interest, Fees or Dividends Credited to Income | 11 | 240 | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 1,800 | [18] | 2,270 | |||
Gross Additions | 0 | 0 | ||||
Gross Reductions | 220 | 470 | ||||
Ending balance | $ 1,580 | $ 1,800 | [18] | 2,270 | ||
Investment, Identifier [Axis]: Garreco, LLC, Secured Debt | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 9.50% | [13],[50] | 9.50% | [17],[51] | ||
Spread | 8% | [13],[50] | 8% | [17],[51] | ||
Amount of Realized Gain/(Loss) | $ 0 | $ 0 | ||||
Amount of Unrealized Gain/(Loss) | 0 | 0 | ||||
Amount of Interest, Fees or Dividends Credited to Income | 390 | 383 | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 3,826 | [17],[51] | 4,196 | |||
Gross Additions | 0 | 0 | ||||
Gross Reductions | 738 | 370 | ||||
Ending balance | 3,088 | [13],[50] | $ 3,826 | [17],[51] | 4,196 | |
Investment, Identifier [Axis]: Garyline, LLC, Common Equity | ||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Ending balance | [11],[13] | $ 706 | ||||
Investment, Identifier [Axis]: Garyline, LLC, Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Spread | [11],[12],[13] | 6.75% | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Ending balance | [11],[12],[13] | $ (256) | ||||
Investment, Identifier [Axis]: Garyline, LLC, Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [11],[13] | 12.22% | ||||
Spread | [11],[13] | 6.75% | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Ending balance | [11],[13] | $ 31,529 | ||||
Investment, Identifier [Axis]: GeoStabilization International (GSI), Secured Debt | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [7],[14] | 9.44% | ||||
Spread | [7],[14] | 5.25% | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [7],[14] | 19,472 | ||||
Ending balance | [7],[14] | $ 19,472 | ||||
Investment, Identifier [Axis]: Gulf Manufacturing, LLC, Member Units | ||||||
Schedule of Investments [Line Items] | ||||||
Amount of Realized Gain/(Loss) | 0 | 0 | ||||
Amount of Unrealized Gain/(Loss) | 2,280 | 1,150 | ||||
Amount of Interest, Fees or Dividends Credited to Income | 2,832 | 1,715 | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 6,790 | [18] | 5,640 | |||
Gross Additions | 2,280 | 1,150 | ||||
Gross Reductions | 0 | 0 | ||||
Ending balance | 9,070 | [19] | 6,790 | [18] | 5,640 | |
Investment, Identifier [Axis]: Gulf Publishing Holdings, LLC, Member Units | ||||||
Schedule of Investments [Line Items] | ||||||
Amount of Realized Gain/(Loss) | 0 | 0 | ||||
Amount of Unrealized Gain/(Loss) | 0 | 0 | ||||
Amount of Interest, Fees or Dividends Credited to Income | 0 | 0 | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 0 | 0 | ||||
Gross Additions | 0 | 0 | ||||
Gross Reductions | 0 | 0 | ||||
Ending balance | 0 | 0 | 0 | |||
Investment, Identifier [Axis]: Gulf Publishing Holdings, LLC, Preferred Equity | ||||||
Schedule of Investments [Line Items] | ||||||
Amount of Realized Gain/(Loss) | 0 | 0 | ||||
Amount of Unrealized Gain/(Loss) | (1,320) | (1,820) | ||||
Amount of Interest, Fees or Dividends Credited to Income | 0 | 0 | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 3,780 | 0 | ||||
Gross Additions | 0 | 5,600 | ||||
Gross Reductions | 1,320 | 1,820 | ||||
Ending balance | $ 2,460 | $ 3,780 | 0 | |||
Investment, Identifier [Axis]: Gulf Publishing Holdings, LLC, Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Spread | 9.50% | [12],[13] | 9.50% | [16],[17] | ||
Amount of Realized Gain/(Loss) | $ 0 | $ 0 | ||||
Amount of Unrealized Gain/(Loss) | 0 | 0 | ||||
Amount of Interest, Fees or Dividends Credited to Income | 0 | 7 | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 0 | [16],[17] | 257 | |||
Gross Additions | 0 | 0 | ||||
Gross Reductions | 0 | 257 | ||||
Ending balance | $ 0 | [12],[13] | $ 0 | [16],[17] | 257 | |
Investment, Identifier [Axis]: Gulf Publishing Holdings, LLC, Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 12.50% | 12.50% | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | $ 2,284 | |||||
Ending balance | $ 2,284 | $ 2,284 | ||||
Investment, Identifier [Axis]: Gulf Publishing Holdings, LLC, Secured Debt 2.1 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 12.50% | |||||
Amount of Realized Gain/(Loss) | $ 0 | |||||
Amount of Unrealized Gain/(Loss) | 0 | |||||
Amount of Interest, Fees or Dividends Credited to Income | 304 | |||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 2,284 | |||||
Gross Additions | 0 | |||||
Gross Reductions | 0 | |||||
Ending balance | 2,284 | $ 2,284 | ||||
Investment, Identifier [Axis]: Gulf Publishing Holdings, LLC, Secured Debt 2.2 | ||||||
Schedule of Investments [Line Items] | ||||||
PIK Rate | 6.25% | |||||
Amount of Realized Gain/(Loss) | $ (5,822) | |||||
Amount of Unrealized Gain/(Loss) | 3,848 | |||||
Amount of Interest, Fees or Dividends Credited to Income | 503 | |||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 0 | 9,717 | ||||
Gross Additions | 0 | |||||
Gross Reductions | 9,717 | |||||
Ending balance | $ 0 | 9,717 | ||||
Investment, Identifier [Axis]: Gulf Publishing Holdings, LLC, Secured Debt 3 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 12.50% | |||||
Amount of Realized Gain/(Loss) | $ 0 | |||||
Amount of Unrealized Gain/(Loss) | (116) | |||||
Amount of Interest, Fees or Dividends Credited to Income | 77 | |||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | $ 2,284 | 0 | ||||
Gross Additions | 2,400 | |||||
Gross Reductions | 116 | |||||
Ending balance | $ 2,284 | 0 | ||||
Investment, Identifier [Axis]: HDC/HW Intermediate Holdings, Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 14.34% | [11],[13],[25] | 14.34% | [14],[15],[17] | ||
Spread | 9.50% | [11],[13],[25] | 9.50% | [14],[15],[17] | ||
PIK Rate | 14.34% | [11],[13],[25] | 2% | [14],[15],[17] | ||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [14],[15],[17] | $ 311 | ||||
Ending balance | $ 336 | [11],[13],[25] | $ 311 | [14],[15],[17] | ||
Investment, Identifier [Axis]: HDC/HW Intermediate Holdings, Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 14.34% | [11],[13],[25] | 14.34% | [14],[15],[17] | ||
Spread | 9.50% | [11],[13],[25] | 9.50% | [14],[15],[17] | ||
PIK Rate | 14.34% | [11],[13],[25] | 2% | [14],[15],[17] | ||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [14],[15],[17] | $ 3,186 | ||||
Ending balance | $ 3,406 | [11],[13],[25] | $ 3,186 | [14],[15],[17] | ||
Investment, Identifier [Axis]: HEADLANDS OP-CO LLC, Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Spread | 6.50% | [11],[12],[13] | 6.50% | [14],[15],[16],[17] | ||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [14],[15],[16],[17] | $ (62) | ||||
Ending balance | $ (48) | [11],[12],[13] | $ (62) | [14],[15],[16],[17] | ||
Investment, Identifier [Axis]: HEADLANDS OP-CO LLC, Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [11],[13] | 11.86% | ||||
Spread | 6.50% | [11],[13] | 6.50% | [14],[15],[16],[17] | ||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [14],[15],[16],[17] | $ (62) | ||||
Ending balance | $ 6,733 | [11],[13] | $ (62) | [14],[15],[16],[17] | ||
Investment, Identifier [Axis]: HEADLANDS OP-CO LLC, Secured Debt 3 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 11.86% | [11],[13] | 10.62% | [14],[15],[17] | ||
Spread | 6.50% | [11],[13] | 6.50% | [14],[15],[17] | ||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [14],[15],[17] | $ 16,791 | ||||
Ending balance | $ 16,622 | [11],[13] | $ 16,791 | [14],[15],[17] | ||
Investment, Identifier [Axis]: HOWLCO LLC, Secured Debt | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 11.53% | [8],[13],[32],[33] | 10.69% | [7],[17],[34],[52] | ||
Spread | 6% | [8],[13],[32],[33] | 6% | [7],[17],[34],[52] | ||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [7],[17],[34],[52] | $ 24,381 | ||||
Ending balance | 24,397 | [8],[13],[32],[33] | $ 24,381 | [7],[17],[34],[52] | ||
Investment, Identifier [Axis]: HPEP 3, L.P., LP Interests (423 COR, L.P.) | ||||||
Schedule of Investments [Line Items] | ||||||
Amount of Realized Gain/(Loss) | 0 | |||||
Amount of Unrealized Gain/(Loss) | 469 | |||||
Amount of Interest, Fees or Dividends Credited to Income | 130 | |||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 1,400 | |||||
Gross Additions | 469 | |||||
Gross Reductions | 0 | |||||
Ending balance | 1,869 | 1,400 | ||||
Investment, Identifier [Axis]: HPEP 3, L.P., LP Interests (423 COR, LP) | ||||||
Schedule of Investments [Line Items] | ||||||
Amount of Realized Gain/(Loss) | 0 | |||||
Amount of Unrealized Gain/(Loss) | 0 | |||||
Amount of Interest, Fees or Dividends Credited to Income | 0 | |||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 1,400 | 0 | ||||
Gross Additions | 1,400 | |||||
Gross Reductions | 0 | |||||
Ending balance | 1,400 | 0 | ||||
Investment, Identifier [Axis]: HPEP 3, L.P., LP Interests (HPEP 3, L.P.) | ||||||
Schedule of Investments [Line Items] | ||||||
Amount of Realized Gain/(Loss) | 0 | 779 | ||||
Amount of Unrealized Gain/(Loss) | 156 | 254 | ||||
Amount of Interest, Fees or Dividends Credited to Income | 4 | (48) | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 4,331 | 4,712 | ||||
Gross Additions | 403 | 1,033 | ||||
Gross Reductions | 509 | 1,414 | ||||
Ending balance | 4,225 | 4,331 | 4,712 | |||
Investment, Identifier [Axis]: HPEP 3, L.P., LP Interests (HPEP 4, L.P.) | ||||||
Schedule of Investments [Line Items] | ||||||
Amount of Realized Gain/(Loss) | 0 | 0 | ||||
Amount of Unrealized Gain/(Loss) | 0 | 0 | ||||
Amount of Interest, Fees or Dividends Credited to Income | 0 | 0 | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 2,332 | 0 | ||||
Gross Additions | 1,441 | 2,332 | ||||
Gross Reductions | 0 | 0 | ||||
Ending balance | 3,773 | 2,332 | 0 | |||
Investment, Identifier [Axis]: Harris Preston Fund Investments, LP Interests (2717 HPP-MS, L.P.) | ||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [34],[35],[36] | 248 | ||||
Ending balance | 315 | [32],[37],[38] | 248 | [34],[35],[36] | ||
Investment, Identifier [Axis]: Harris Preston Fund Investments, LP Interests (2717 MH, L.P.) | ||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [34],[35],[36] | 7,552 | ||||
Ending balance | 6,050 | [19],[32],[37],[38] | 7,552 | [34],[35],[36] | ||
Investment, Identifier [Axis]: Harris Preston Fund Investments, LP Interests (423 COR, L.P.) | ||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Ending balance | [19],[32],[37],[38] | 1,869 | ||||
Investment, Identifier [Axis]: Harris Preston Fund Investments, LP Interests (423 COR, LP) | ||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [34],[35],[36] | 1,400 | ||||
Ending balance | [34],[35],[36] | 1,400 | ||||
Investment, Identifier [Axis]: Harris Preston Fund Investments, LP Interests (423 HAR, L.P.) | ||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Ending balance | [32],[37],[38] | 996 | ||||
Investment, Identifier [Axis]: Harris Preston Fund Investments, LP Interests (HPEP 3, L.P.) | ||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [34],[35],[36] | 4,331 | ||||
Ending balance | 4,225 | [32],[37],[38] | 4,331 | [34],[35],[36] | ||
Investment, Identifier [Axis]: Harris Preston Fund Investments, LP Interests (HPEP 4, L.P.) | ||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [34],[35],[36] | 2,332 | ||||
Ending balance | 3,773 | [32],[37],[38] | 2,332 | [34],[35],[36] | ||
Investment, Identifier [Axis]: Harrison Hydra-Gen, Ltd., Common Stock | ||||||
Schedule of Investments [Line Items] | ||||||
Amount of Realized Gain/(Loss) | 0 | 0 | ||||
Amount of Unrealized Gain/(Loss) | 1,380 | (250) | ||||
Amount of Interest, Fees or Dividends Credited to Income | 0 | 0 | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 3,280 | 3,530 | ||||
Gross Additions | 1,380 | 0 | ||||
Gross Reductions | 0 | 250 | ||||
Ending balance | 4,660 | 3,280 | 3,530 | |||
Investment, Identifier [Axis]: Hawk Ridge Systems, LLC, Preferred Member Units 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Amount of Realized Gain/(Loss) | 0 | 0 | ||||
Amount of Unrealized Gain/(Loss) | 0 | 2,780 | ||||
Amount of Interest, Fees or Dividends Credited to Income | 293 | 803 | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 17,460 | [18] | 14,680 | |||
Gross Additions | 0 | 2,780 | ||||
Gross Reductions | 0 | 0 | ||||
Ending balance | 17,460 | 17,460 | [18] | 14,680 | ||
Investment, Identifier [Axis]: Hawk Ridge Systems, LLC, Preferred Member Units 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Amount of Realized Gain/(Loss) | 0 | 0 | ||||
Amount of Unrealized Gain/(Loss) | 0 | 150 | ||||
Amount of Interest, Fees or Dividends Credited to Income | 0 | 0 | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 920 | [28] | 770 | |||
Gross Additions | 0 | 150 | ||||
Gross Reductions | 0 | 0 | ||||
Ending balance | $ 920 | [29] | $ 920 | [28] | 770 | |
Investment, Identifier [Axis]: Hawk Ridge Systems, LLC, Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 11.65% | [13] | 10.13% | [17] | ||
Spread | 6% | [13] | 6% | [17] | ||
Amount of Realized Gain/(Loss) | $ 0 | $ 0 | ||||
Amount of Unrealized Gain/(Loss) | (1) | 3 | ||||
Amount of Interest, Fees or Dividends Credited to Income | 317 | 230 | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 3,185 | [17] | 2,585 | |||
Gross Additions | 6,037 | 600 | ||||
Gross Reductions | 7,248 | 0 | ||||
Ending balance | $ 1,974 | [13] | $ 3,185 | [17] | 2,585 | |
Investment, Identifier [Axis]: Hawk Ridge Systems, LLC, Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 12.50% | 9% | ||||
Amount of Realized Gain/(Loss) | $ 0 | $ 0 | ||||
Amount of Unrealized Gain/(Loss) | (4) | (13) | ||||
Amount of Interest, Fees or Dividends Credited to Income | 5,094 | 3,054 | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 37,800 | 34,800 | ||||
Gross Additions | 7,460 | 3,013 | ||||
Gross Reductions | 4 | 13 | ||||
Ending balance | 45,256 | $ 37,800 | 34,800 | |||
Investment, Identifier [Axis]: Heartland Dental, LLC, Secured Debt | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [15],[17] | 10.88% | ||||
Spread | [15],[17] | 6.50% | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [15],[17] | 13,599 | ||||
Ending balance | [15],[17] | $ 13,599 | ||||
Investment, Identifier [Axis]: Houston Plating and Coatings, LLC, Member Units | ||||||
Schedule of Investments [Line Items] | ||||||
Amount of Realized Gain/(Loss) | 0 | 0 | ||||
Amount of Unrealized Gain/(Loss) | 940 | (810) | ||||
Amount of Interest, Fees or Dividends Credited to Income | 84 | 17 | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 2,400 | 3,210 | ||||
Gross Additions | 940 | 0 | ||||
Gross Reductions | 0 | 810 | ||||
Ending balance | $ 3,340 | [19] | $ 2,400 | 3,210 | ||
Investment, Identifier [Axis]: Houston Plating and Coatings, LLC, Unsecured Convertible Debt | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 8% | 8% | ||||
Amount of Realized Gain/(Loss) | $ 0 | $ 0 | ||||
Amount of Unrealized Gain/(Loss) | (120) | 40 | ||||
Amount of Interest, Fees or Dividends Credited to Income | 243 | 243 | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 3,000 | 2,960 | ||||
Gross Additions | 0 | 40 | ||||
Gross Reductions | 120 | 0 | ||||
Ending balance | $ 2,880 | $ 3,000 | 2,960 | |||
Investment, Identifier [Axis]: Hybrid Promotions, LLC, Secured Debt | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 15.91% | [11],[13] | 12.07% | [14],[15] | ||
Spread | 8.25% | [11],[13] | 8.25% | [14],[15] | ||
PIK Rate | [11],[13] | 2% | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [14],[15] | $ 6,144 | ||||
Ending balance | 6,581 | [11],[13] | $ 6,144 | [14],[15] | ||
Investment, Identifier [Axis]: I-45 SLF LLC, Member Units (Fully diluted 20.0%; 21.75% profits interest) | ||||||
Schedule of Investments [Line Items] | ||||||
Diluted, percentage (as a percent) | [34],[36] | 20% | ||||
Profits, percentage (as a percent) | [34],[36] | 21.75% | ||||
Amount of Realized Gain/(Loss) | $ 0 | |||||
Amount of Unrealized Gain/(Loss) | (2,629) | |||||
Amount of Interest, Fees or Dividends Credited to Income | 2,028 | |||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | $ 11,758 | [18],[34],[36] | 14,387 | |||
Gross Additions | 0 | |||||
Gross Reductions | 2,629 | |||||
Ending balance | 11,758 | [18],[34],[36] | 14,387 | |||
Investment, Identifier [Axis]: I-45 SLF LLC, Member Units (Fully diluted 20.0%; 21.75% profits interest) | ||||||
Schedule of Investments [Line Items] | ||||||
Diluted, percentage (as a percent) | [32],[38] | 20% | ||||
Profits, percentage (as a percent) | [32],[38] | 21.75% | ||||
Amount of Realized Gain/(Loss) | $ 0 | |||||
Amount of Unrealized Gain/(Loss) | 532 | |||||
Amount of Interest, Fees or Dividends Credited to Income | 2,317 | |||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 11,758 | |||||
Gross Additions | 1,732 | |||||
Gross Reductions | 0 | |||||
Ending balance | 13,490 | [19],[32],[38] | 11,758 | |||
Investment, Identifier [Axis]: IG Investor, LLC, Common Equity | ||||||
Schedule of Investments [Line Items] | ||||||
Amount of Realized Gain/(Loss) | 0 | |||||
Amount of Unrealized Gain/(Loss) | 0 | |||||
Amount of Interest, Fees or Dividends Credited to Income | 0 | |||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 0 | |||||
Gross Additions | 15,096 | |||||
Gross Reductions | 696 | |||||
Ending balance | 14,400 | 0 | ||||
Investment, Identifier [Axis]: IG Investor, LLC, Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Amount of Realized Gain/(Loss) | 0 | |||||
Amount of Unrealized Gain/(Loss) | 0 | |||||
Amount of Interest, Fees or Dividends Credited to Income | 98 | |||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 0 | |||||
Gross Additions | 765 | |||||
Gross Reductions | 800 | |||||
Ending balance | $ (35) | [12] | 0 | |||
Investment, Identifier [Axis]: IG Investor, LLC, Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 13% | |||||
Amount of Realized Gain/(Loss) | $ 0 | |||||
Amount of Unrealized Gain/(Loss) | 0 | |||||
Amount of Interest, Fees or Dividends Credited to Income | 3,428 | |||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 0 | |||||
Gross Additions | 37,374 | |||||
Gross Reductions | 440 | |||||
Ending balance | $ 36,934 | $ 0 | ||||
Investment, Identifier [Axis]: IG Parent Corporation, Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [7],[14],[17],[53] | 10.17% | ||||
Spread | 5.75% | [8],[12],[13] | 5.75% | [7],[14],[17],[53] | ||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [7],[14],[17],[53] | $ 698 | ||||
Ending balance | $ 0 | [8],[12],[13] | $ 698 | [7],[14],[17],[53] | ||
Investment, Identifier [Axis]: IG Parent Corporation, Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 10.96% | [8],[13] | 10.17% | [7],[14],[17] | ||
Spread | 5.50% | [8],[13] | 5.75% | [7],[14],[17] | ||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [7],[14],[17] | $ 14,499 | ||||
Ending balance | $ 9,399 | [8],[13] | $ 14,499 | [7],[14],[17] | ||
Investment, Identifier [Axis]: IG Parent Corporation, Secured Debt 3 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [8],[13] | 10.96% | ||||
Spread | [8],[13] | 5.50% | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Ending balance | [8],[13] | $ 4,953 | ||||
Investment, Identifier [Axis]: INW Manufacturing, LLC, Secured Debt | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 11.36% | [8],[13] | 10.48% | [7],[17] | ||
Spread | 5.75% | [8],[13] | 5.75% | [7],[17] | ||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [7],[17] | $ 6,092 | ||||
Ending balance | $ 5,325 | [8],[13] | $ 6,092 | [7],[17] | ||
Investment, Identifier [Axis]: ITA Holdings Group, LLC, Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [13] | 16.59% | ||||
Spread | [13] | 9% | ||||
PIK Rate | [13] | 2% | ||||
Amount of Realized Gain/(Loss) | $ 0 | |||||
Amount of Unrealized Gain/(Loss) | 0 | |||||
Amount of Interest, Fees or Dividends Credited to Income | 20 | |||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 0 | |||||
Gross Additions | 816 | |||||
Gross Reductions | 0 | |||||
Ending balance | $ 816 | [13] | 0 | |||
Investment, Identifier [Axis]: ITA Holdings Group, LLC, Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [13] | 16.59% | ||||
Spread | [13] | 9% | ||||
PIK Rate | [13] | 2% | ||||
Amount of Realized Gain/(Loss) | $ 0 | |||||
Amount of Unrealized Gain/(Loss) | 0 | |||||
Amount of Interest, Fees or Dividends Credited to Income | 34 | |||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 0 | |||||
Gross Additions | 697 | |||||
Gross Reductions | 0 | |||||
Ending balance | $ 697 | [13] | 0 | |||
Investment, Identifier [Axis]: ITA Holdings Group, LLC, Secured Debt 3 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [13] | 15.59% | ||||
Spread | [13] | 8% | ||||
PIK Rate | [13] | 2% | ||||
Amount of Realized Gain/(Loss) | $ 0 | |||||
Amount of Unrealized Gain/(Loss) | 0 | |||||
Amount of Interest, Fees or Dividends Credited to Income | 560 | |||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 0 | |||||
Gross Additions | 3,430 | |||||
Gross Reductions | 0 | |||||
Ending balance | $ 3,430 | [13] | 0 | |||
Investment, Identifier [Axis]: ITA Holdings Group, LLC, Secured Debt 4 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [13] | 17.59% | ||||
Spread | [13] | 10% | ||||
PIK Rate | [13] | 2% | ||||
Amount of Realized Gain/(Loss) | $ 0 | |||||
Amount of Unrealized Gain/(Loss) | 0 | |||||
Amount of Interest, Fees or Dividends Credited to Income | 607 | |||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 0 | |||||
Gross Additions | 3,430 | |||||
Gross Reductions | 0 | |||||
Ending balance | 3,430 | [13] | 0 | |||
Investment, Identifier [Axis]: ITA Holdings Group, LLC, Warrants | ||||||
Schedule of Investments [Line Items] | ||||||
Amount of Realized Gain/(Loss) | 0 | |||||
Amount of Unrealized Gain/(Loss) | 0 | |||||
Amount of Interest, Fees or Dividends Credited to Income | 0 | |||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 0 | |||||
Gross Additions | 2,091 | |||||
Gross Reductions | 0 | |||||
Ending balance | 2,091 | [10] | $ 0 | |||
Investment, Identifier [Axis]: Imaging Business Machines, L.L.C., Common Equity | ||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Ending balance | [11] | $ 1,110 | ||||
Investment, Identifier [Axis]: Imaging Business Machines, L.L.C., Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [11],[13],[54] | 12.41% | ||||
Spread | [11],[13],[54] | 7% | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Ending balance | [11],[13],[54] | $ 1,571 | ||||
Investment, Identifier [Axis]: Imaging Business Machines, L.L.C., Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [11],[13] | 12.45% | ||||
Spread | [11],[13] | 7% | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Ending balance | [11],[13] | $ 20,637 | ||||
Investment, Identifier [Axis]: Implus Footcare, LLC, Secured Debt | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 14.25% | [11],[13] | 13.98% | [15],[17] | ||
Spread | 7.75% | [11],[13] | 7.75% | [15],[17] | ||
PIK Rate | 1% | [11],[13] | 1.50% | [15],[17] | ||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [15],[17] | $ 17,464 | ||||
Ending balance | 17,334 | [11],[13] | $ 17,464 | [15],[17] | ||
Investment, Identifier [Axis]: Independent Pet Partners Intermediate Holdings, LLC, Common Equity | ||||||
Schedule of Investments [Line Items] | ||||||
Amount of Realized Gain/(Loss) | 0 | |||||
Amount of Unrealized Gain/(Loss) | (610) | |||||
Amount of Interest, Fees or Dividends Credited to Income | 0 | |||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 0 | |||||
Gross Additions | 18,300 | |||||
Gross Reductions | 610 | |||||
Ending balance | 17,690 | [11] | 0 | |||
Investment, Identifier [Axis]: Independent Pet Partners Intermediate Holdings, LLC, Member Units | ||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [15] | 0 | ||||
Ending balance | [15] | $ 0 | ||||
Investment, Identifier [Axis]: Independent Pet Partners Intermediate Holdings, LLC, Preferred Stock (non-voting) 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [15] | 6% | ||||
PIK Rate | [15] | 6% | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [15] | 0 | ||||
Ending balance | [15] | $ 0 | ||||
Investment, Identifier [Axis]: Independent Pet Partners Intermediate Holdings, LLC, Preferred Stock (non-voting) 2 | ||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [15] | 0 | ||||
Ending balance | [15] | $ 0 | ||||
Investment, Identifier [Axis]: Independent Pet Partners Intermediate Holdings, LLC, Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [14],[15] | 14.42% | ||||
Spread | [14],[15] | 10% | ||||
PIK Rate | [14],[15] | 14.42% | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [14],[15] | 769 | ||||
Ending balance | [14],[15] | $ 769 | ||||
Investment, Identifier [Axis]: Independent Pet Partners Intermediate Holdings, LLC, Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [15],[17],[55] | 13% | ||||
Spread | [15],[17],[55] | 5.50% | ||||
PIK Rate | [15],[17],[55] | 13% | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [15],[17],[55] | 7,027 | ||||
Ending balance | [15],[17],[55] | $ 7,027 | ||||
Investment, Identifier [Axis]: Independent Pet Partners Intermediate Holdings, LLC, Secured Debt 3 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [15],[20] | 6% | ||||
PIK Rate | [15],[20] | 6% | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [15],[20] | 7,633 | ||||
Ending balance | [15],[20] | $ 7,633 | ||||
Investment, Identifier [Axis]: Independent Pet Partners Intermediate Holdings, LLC, Warrants | ||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [15],[16],[56] | 0 | ||||
Ending balance | [15],[16],[56] | 0 | ||||
Investment, Identifier [Axis]: Industrial Services Acquisition, LLC, Member Units | ||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [15],[28] | 600 | ||||
Ending balance | $ 690 | [11],[29] | $ 600 | [15],[28] | ||
Investment, Identifier [Axis]: Industrial Services Acquisition, LLC, Preferred Member Units 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 10% | [11],[19],[29] | 10% | [15],[18],[28] | ||
PIK Rate | 10% | [11],[19],[29] | 10% | [15],[18],[28] | ||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [15],[18],[28] | $ 145 | ||||
Ending balance | $ 178 | [11],[19],[29] | $ 145 | [15],[18],[28] | ||
Investment, Identifier [Axis]: Industrial Services Acquisition, LLC, Preferred Member Units 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 20% | [11],[19],[29] | 20% | [15],[18],[28] | ||
PIK Rate | 20% | [11],[19],[29] | 20% | [15],[18],[28] | ||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [15],[18],[28] | $ 93 | ||||
Ending balance | $ 120 | [11],[19],[29] | $ 93 | [15],[18],[28] | ||
Investment, Identifier [Axis]: Industrial Services Acquisition, LLC, Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 12.22% | [11],[13],[57] | 11.50% | [15],[17] | ||
Spread | 6.75% | [11],[13],[57] | 6.75% | [15],[17] | ||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [15],[17] | $ 463 | ||||
Ending balance | $ 1,390 | [11],[13],[57] | $ 463 | [15],[17] | ||
Investment, Identifier [Axis]: Industrial Services Acquisition, LLC, Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 12.22% | [11],[13] | 11.50% | [15],[17] | ||
Spread | 6.75% | [11],[13] | 6.75% | [15],[17] | ||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [15],[17] | $ 19,239 | ||||
Ending balance | 19,044 | [11],[13] | $ 19,239 | [15],[17] | ||
Investment, Identifier [Axis]: Infinity X1 Holdings, LLC, Preferred Equity | ||||||
Schedule of Investments [Line Items] | ||||||
Amount of Realized Gain/(Loss) | 0 | |||||
Amount of Unrealized Gain/(Loss) | 0 | |||||
Amount of Interest, Fees or Dividends Credited to Income | 125 | |||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 0 | |||||
Gross Additions | 4,000 | |||||
Gross Reductions | 0 | |||||
Ending balance | $ 4,000 | 0 | ||||
Investment, Identifier [Axis]: Infinity X1 Holdings, LLC, Secured Debt | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 13% | |||||
Amount of Realized Gain/(Loss) | $ 0 | |||||
Amount of Unrealized Gain/(Loss) | 0 | |||||
Amount of Interest, Fees or Dividends Credited to Income | 1,985 | |||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 0 | |||||
Gross Additions | 17,853 | |||||
Gross Reductions | 450 | |||||
Ending balance | $ 17,403 | $ 0 | ||||
Investment, Identifier [Axis]: Infolinks Media Buyco, LLC, Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [11],[13] | 11.21% | ||||
Spread | 5.75% | [11],[13] | 5.50% | [15],[16],[17] | ||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [15],[16],[17] | $ (19) | ||||
Ending balance | $ 1,504 | [11],[13] | $ (19) | [15],[16],[17] | ||
Investment, Identifier [Axis]: Infolinks Media Buyco, LLC, Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 11.21% | [11],[13] | 10.23% | [15],[17] | ||
Spread | 5.75% | [11],[13] | 5.50% | [15],[17] | ||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [15],[17] | $ 8,593 | ||||
Ending balance | 7,752 | [11],[13] | $ 8,593 | [15],[17] | ||
Investment, Identifier [Axis]: Insight Borrower Corporation, Common Equity | ||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Ending balance | [11],[13] | $ 656 | ||||
Investment, Identifier [Axis]: Insight Borrower Corporation, Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Spread | [11],[12],[13] | 6.25% | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Ending balance | [11],[12],[13] | $ (70) | ||||
Investment, Identifier [Axis]: Insight Borrower Corporation, Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Spread | [11],[12],[13] | 6.25% | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Ending balance | [11],[12],[13] | $ (57) | ||||
Investment, Identifier [Axis]: Insight Borrower Corporation, Secured Debt 3 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [11],[13] | 11.65% | ||||
Spread | [11],[13] | 6.25% | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Ending balance | [11],[13] | $ 14,258 | ||||
Investment, Identifier [Axis]: Inspire Aesthetics Management, LLC, Common Equity | ||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Ending balance | [11],[13] | $ 240 | ||||
Investment, Identifier [Axis]: Inspire Aesthetics Management, LLC, Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [11],[13],[58] | 13.53% | ||||
Spread | [11],[13],[58] | 8% | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Ending balance | [11],[13],[58] | $ 776 | ||||
Investment, Identifier [Axis]: Inspire Aesthetics Management, LLC, Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [11],[13] | 13.55% | ||||
Spread | [11],[13] | 8% | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Ending balance | [11],[13] | $ 7,177 | ||||
Investment, Identifier [Axis]: Inspire Aesthetics Management, LLC, Secured Debt 3 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [11],[13] | 13.55% | ||||
Spread | [11],[13] | 8% | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Ending balance | [11],[13] | $ 2,887 | ||||
Investment, Identifier [Axis]: Integral Energy Services, Common Stock | ||||||
Schedule of Investments [Line Items] | ||||||
Amount of Realized Gain/(Loss) | 0 | |||||
Amount of Unrealized Gain/(Loss) | (1,120) | |||||
Amount of Interest, Fees or Dividends Credited to Income | 43 | |||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 1,280 | |||||
Gross Additions | 0 | |||||
Gross Reductions | 1,120 | |||||
Ending balance | $ 160 | [11] | 1,280 | |||
Investment, Identifier [Axis]: Integral Energy Services, Preferred Equity | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [11] | 10% | ||||
PIK Rate | [11] | 10% | ||||
Amount of Realized Gain/(Loss) | $ 0 | |||||
Amount of Unrealized Gain/(Loss) | 73 | |||||
Amount of Interest, Fees or Dividends Credited to Income | 0 | |||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 0 | |||||
Gross Additions | 300 | |||||
Gross Reductions | 0 | |||||
Ending balance | $ 300 | [11] | 0 | |||
Investment, Identifier [Axis]: Integral Energy Services, Secured Debt | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [11],[13] | 13.16% | ||||
Spread | [11],[13] | 7.50% | ||||
Amount of Realized Gain/(Loss) | $ 0 | |||||
Amount of Unrealized Gain/(Loss) | (674) | |||||
Amount of Interest, Fees or Dividends Credited to Income | 2,374 | |||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 15,769 | |||||
Gross Additions | 80 | |||||
Gross Reductions | 1,958 | |||||
Ending balance | 13,891 | [11],[13] | 15,769 | |||
Investment, Identifier [Axis]: Interface Security Systems, L.L.C, Common Stock | ||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [15] | 0 | ||||
Ending balance | $ 0 | [11] | $ 0 | [15] | ||
Investment, Identifier [Axis]: Interface Security Systems, L.L.C, Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 15.48% | [11],[25],[59] | 14.22% | [15],[60] | ||
Spread | 10% | [11],[25],[59] | 10% | [15],[60] | ||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [15],[60] | $ 1,682 | ||||
Ending balance | $ 1,781 | [11],[25],[59] | $ 1,682 | [15],[60] | ||
Investment, Identifier [Axis]: Interface Security Systems, L.L.C, Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 12.46% | [11],[13],[21],[25] | 12.07% | [15],[17],[20] | ||
Spread | 7% | [11],[13],[21],[25] | 7% | [15],[17],[20] | ||
PIK Rate | 12.46% | [11],[13],[21],[25] | 1% | [15],[17],[20] | ||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [15],[17],[20] | $ 1,082 | ||||
Ending balance | $ 431 | [11],[13],[21],[25] | $ 1,082 | [15],[17],[20] | ||
Investment, Identifier [Axis]: Intermedia Holdings, Inc., Secured Debt | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 11.47% | [8],[13] | 10.38% | [7],[17] | ||
Spread | 6% | [8],[13] | 6% | [7],[17] | ||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [7],[17] | $ 15,811 | ||||
Ending balance | $ 19,570 | [8],[13] | $ 15,811 | [7],[17] | ||
Investment, Identifier [Axis]: Invincible Boat Company, LLC., Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 12% | [11],[13] | 10.14% | [15],[17] | ||
Spread | 6.50% | [11],[13] | 6.50% | [15],[17] | ||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [15],[17] | $ 622 | ||||
Ending balance | $ 509 | [11],[13] | $ 622 | [15],[17] | ||
Investment, Identifier [Axis]: Invincible Boat Company, LLC., Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 12% | [11],[13] | 10.17% | [15],[17] | ||
Spread | 6.50% | [11],[13] | 6.50% | [15],[17] | ||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [15],[17] | $ 16,889 | ||||
Ending balance | 16,515 | [11],[13] | $ 16,889 | [15],[17] | ||
Investment, Identifier [Axis]: Iron-Main Investments, LLC, Common Stock | ||||||
Schedule of Investments [Line Items] | ||||||
Amount of Realized Gain/(Loss) | 0 | 0 | ||||
Amount of Unrealized Gain/(Loss) | (76) | 0 | ||||
Amount of Interest, Fees or Dividends Credited to Income | 0 | 0 | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 1,798 | 1,798 | ||||
Gross Additions | 958 | 0 | ||||
Gross Reductions | 76 | 0 | ||||
Ending balance | $ 2,680 | $ 1,798 | 1,798 | |||
Investment, Identifier [Axis]: Iron-Main Investments, LLC, Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 13.50% | 12.50% | ||||
Amount of Realized Gain/(Loss) | $ 0 | $ 0 | ||||
Amount of Unrealized Gain/(Loss) | 0 | 0 | ||||
Amount of Interest, Fees or Dividends Credited to Income | 622 | 591 | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 4,500 | 4,557 | ||||
Gross Additions | 7 | 10 | ||||
Gross Reductions | 20 | 67 | ||||
Ending balance | $ 4,487 | $ 4,500 | 4,557 | |||
Investment, Identifier [Axis]: Iron-Main Investments, LLC, Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 13.50% | 12.50% | ||||
Amount of Realized Gain/(Loss) | $ 0 | $ 0 | ||||
Amount of Unrealized Gain/(Loss) | 0 | 0 | ||||
Amount of Interest, Fees or Dividends Credited to Income | 547 | 411 | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 3,130 | 3,170 | ||||
Gross Additions | 6 | 7 | ||||
Gross Reductions | 214 | 47 | ||||
Ending balance | $ 2,922 | $ 3,130 | 3,170 | |||
Investment, Identifier [Axis]: Iron-Main Investments, LLC, Secured Debt 3 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 13.50% | 12.50% | ||||
Amount of Realized Gain/(Loss) | $ 0 | $ 0 | ||||
Amount of Unrealized Gain/(Loss) | 0 | 0 | ||||
Amount of Interest, Fees or Dividends Credited to Income | 1,217 | 1,134 | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 8,944 | 8,944 | ||||
Gross Additions | 0 | 0 | ||||
Gross Reductions | 0 | 0 | ||||
Ending balance | $ 8,944 | $ 8,944 | 8,944 | |||
Investment, Identifier [Axis]: Iron-Main Investments, LLC, Secured Debt 4 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 13.50% | 12.50% | ||||
Amount of Realized Gain/(Loss) | $ 0 | $ 0 | ||||
Amount of Unrealized Gain/(Loss) | 0 | 0 | ||||
Amount of Interest, Fees or Dividends Credited to Income | 2,706 | 2,572 | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 19,559 | 19,805 | ||||
Gross Additions | 32 | 42 | ||||
Gross Reductions | 88 | 288 | ||||
Ending balance | $ 19,503 | 19,559 | 19,805 | |||
Investment, Identifier [Axis]: Iron-Main Investments, LLC, Secured Debt 5 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 13.50% | |||||
Amount of Realized Gain/(Loss) | $ 0 | |||||
Amount of Unrealized Gain/(Loss) | 0 | |||||
Amount of Interest, Fees or Dividends Credited to Income | 1,806 | |||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 0 | |||||
Gross Additions | 10,911 | |||||
Gross Reductions | 638 | |||||
Ending balance | 10,273 | $ 0 | ||||
Investment, Identifier [Axis]: Isagenix International, LLC, Common Equity | ||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Ending balance | [8] | $ 0 | ||||
Investment, Identifier [Axis]: Isagenix International, LLC, Secured Debt | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 11.04% | [8],[13] | 9.93% | [7],[17],[20] | ||
Spread | 5.50% | [8],[13] | 7.75% | [7],[17],[20] | ||
PIK Rate | [8],[13] | 8.54% | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [7],[17],[20] | $ 1,537 | ||||
Ending balance | 2,301 | [8],[13] | $ 1,537 | [7],[17],[20] | ||
Investment, Identifier [Axis]: JTI Electrical & Mechanical, LLC, Common Equity | ||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [15] | 2,840 | ||||
Ending balance | $ 1,710 | [11] | $ 2,840 | [15] | ||
Investment, Identifier [Axis]: JTI Electrical & Mechanical, LLC, Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [11],[13],[61] | 11.64% | ||||
Spread | 6% | [11],[13],[61] | 6% | [15],[16],[17] | ||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [15],[16],[17] | $ (135) | ||||
Ending balance | $ 3,137 | [11],[13],[61] | $ (135) | [15],[16],[17] | ||
Investment, Identifier [Axis]: JTI Electrical & Mechanical, LLC, Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 11.61% | [11],[13] | 10.73% | [15],[17] | ||
Spread | 6% | [11],[13] | 6% | [15],[17] | ||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [15],[17] | $ 36,947 | ||||
Ending balance | 36,000 | [11],[13] | $ 36,947 | [15],[17] | ||
Investment, Identifier [Axis]: Jackmont Hospitality, Inc., Preferred Equity | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [15],[18] | 12% | ||||
PIK Rate | [15],[18] | 12% | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [15],[18] | 623 | ||||
Ending balance | $ 1,090 | [11] | $ 623 | [15],[18] | ||
Investment, Identifier [Axis]: Jackmont Hospitality, Inc., Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 12.46% | [11],[13],[62] | 12.23% | [15],[17] | ||
Spread | 7% | [11],[13],[62] | 7.50% | [15],[17] | ||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [15],[17] | $ 500 | ||||
Ending balance | $ 835 | [11],[13],[62] | $ 500 | [15],[17] | ||
Investment, Identifier [Axis]: Jackmont Hospitality, Inc., Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 12.46% | [11],[13] | 12.23% | [15],[17] | ||
Spread | 7% | [11],[13] | 7.50% | [15],[17] | ||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [15],[17] | $ 2,079 | ||||
Ending balance | 1,974 | [11],[13] | $ 2,079 | [15],[17] | ||
Investment, Identifier [Axis]: Jensen Jewelers of Idaho, LLC, Member Units | ||||||
Schedule of Investments [Line Items] | ||||||
Amount of Realized Gain/(Loss) | 0 | 0 | ||||
Amount of Unrealized Gain/(Loss) | (2,550) | 2,550 | ||||
Amount of Interest, Fees or Dividends Credited to Income | 1,362 | 2,784 | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 14,970 | [18] | 12,420 | |||
Gross Additions | 0 | 2,550 | ||||
Gross Reductions | 2,550 | 0 | ||||
Ending balance | $ 12,420 | [19] | 14,970 | [18] | 12,420 | |
Investment, Identifier [Axis]: Jensen Jewelers of Idaho, LLC, Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 15.25% | |||||
Spread | 6.75% | |||||
Amount of Realized Gain/(Loss) | $ 0 | |||||
Amount of Unrealized Gain/(Loss) | (6) | |||||
Amount of Interest, Fees or Dividends Credited to Income | 356 | |||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 2,450 | |||||
Gross Additions | 6 | |||||
Gross Reductions | 458 | |||||
Ending balance | $ 1,998 | $ 2,450 | ||||
Investment, Identifier [Axis]: Jensen Jewelers of Idaho, LLC, Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Spread | 6.75% | [12],[25] | 6.75% | [16] | ||
Amount of Realized Gain/(Loss) | $ 0 | $ 0 | ||||
Amount of Unrealized Gain/(Loss) | 0 | 0 | ||||
Amount of Interest, Fees or Dividends Credited to Income | 0 | 3 | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 0 | [16] | 0 | |||
Gross Additions | 0 | 0 | ||||
Gross Reductions | 0 | 0 | ||||
Ending balance | $ 0 | [12],[25] | $ 0 | [16] | 0 | |
Investment, Identifier [Axis]: Jensen Jewelers of Idaho, LLC, Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 15.25% | [13],[25] | 13.75% | [17] | ||
Spread | 6.75% | [13],[25] | 6.75% | [17] | ||
Amount of Realized Gain/(Loss) | $ 0 | |||||
Amount of Unrealized Gain/(Loss) | (8) | |||||
Amount of Interest, Fees or Dividends Credited to Income | 292 | |||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | $ 2,450 | [17] | 2,550 | |||
Gross Additions | 8 | |||||
Gross Reductions | 108 | |||||
Ending balance | 1,998 | [13],[25] | 2,450 | [17] | 2,550 | |
Investment, Identifier [Axis]: Joerns Healthcare, LLC, Common Stock | ||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [7] | 0 | ||||
Ending balance | $ 0 | [8],[21] | $ 0 | [7] | ||
Investment, Identifier [Axis]: Joerns Healthcare, LLC, Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 23.63% | [8],[13],[21] | 18% | [7] | ||
Spread | [8],[13],[21] | 18% | ||||
PIK Rate | [8],[13],[21] | 23.63% | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [7] | $ 2,297 | ||||
Ending balance | $ 2,074 | [8],[13],[21] | $ 2,297 | [7] | ||
Investment, Identifier [Axis]: Joerns Healthcare, LLC, Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 21.63% | [8],[13],[21] | 19.75% | [7],[20] | ||
Spread | [8],[13],[21] | 16% | ||||
PIK Rate | 21.63% | [8],[13],[21] | 19.75% | [7],[20] | ||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [7],[20] | $ 504 | ||||
Ending balance | $ 143 | [8],[13],[21] | $ 504 | [7],[20] | ||
Investment, Identifier [Axis]: Joerns Healthcare, LLC, Secured Debt 3 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [8],[13],[21] | 21.63% | ||||
Spread | [8],[13],[21] | 16% | ||||
PIK Rate | [8],[13],[21] | 21.63% | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Ending balance | [8],[13],[21] | $ 137 | ||||
Investment, Identifier [Axis]: Johnson Downie Opco, LLC, Preferred Equity | ||||||
Schedule of Investments [Line Items] | ||||||
Amount of Realized Gain/(Loss) | 0 | 0 | ||||
Amount of Unrealized Gain/(Loss) | 3,595 | 2,390 | ||||
Amount of Interest, Fees or Dividends Credited to Income | 189 | 1,062 | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 5,540 | [18] | 3,150 | |||
Gross Additions | 4,080 | 2,390 | ||||
Gross Reductions | 0 | 0 | ||||
Ending balance | $ 9,620 | $ 5,540 | [18] | 3,150 | ||
Investment, Identifier [Axis]: Johnson Downie Opco, LLC, Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 15% | |||||
Spread | [16],[17] | 11.50% | ||||
Amount of Realized Gain/(Loss) | $ 0 | $ 0 | ||||
Amount of Unrealized Gain/(Loss) | 3 | 14 | ||||
Amount of Interest, Fees or Dividends Credited to Income | 24 | 13 | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 0 | [16],[17] | (18) | |||
Gross Additions | 0 | 18 | ||||
Gross Reductions | 0 | 0 | ||||
Ending balance | $ 0 | [12] | $ 0 | [16],[17] | (18) | |
Investment, Identifier [Axis]: Johnson Downie Opco, LLC, Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 15% | 15.63% | [17] | |||
Spread | [17] | 11.50% | ||||
Amount of Realized Gain/(Loss) | $ 0 | $ 0 | ||||
Amount of Unrealized Gain/(Loss) | 63 | 79 | ||||
Amount of Interest, Fees or Dividends Credited to Income | 1,888 | 1,503 | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 9,999 | [17] | 11,362 | |||
Gross Additions | 14,850 | 114 | ||||
Gross Reductions | 642 | 1,477 | ||||
Ending balance | 24,207 | 9,999 | [17] | 11,362 | ||
Investment, Identifier [Axis]: JorVet Holdings, LLC, Preferred Equity | ||||||
Schedule of Investments [Line Items] | ||||||
Amount of Realized Gain/(Loss) | 0 | 0 | ||||
Amount of Unrealized Gain/(Loss) | 0 | 0 | ||||
Amount of Interest, Fees or Dividends Credited to Income | 825 | 922 | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 10,741 | [18] | 0 | |||
Gross Additions | 0 | 10,741 | ||||
Gross Reductions | 0 | 0 | ||||
Ending balance | $ 10,741 | [19] | $ 10,741 | [18] | 0 | |
Investment, Identifier [Axis]: JorVet Holdings, LLC, Secured Debt | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 12% | 12% | ||||
Amount of Realized Gain/(Loss) | $ 0 | $ 0 | ||||
Amount of Unrealized Gain/(Loss) | 0 | 0 | ||||
Amount of Interest, Fees or Dividends Credited to Income | 3,172 | 2,680 | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 25,432 | 0 | ||||
Gross Additions | 51 | 25,432 | ||||
Gross Reductions | 0 | 0 | ||||
Ending balance | 25,483 | 25,432 | 0 | |||
Investment, Identifier [Axis]: KBK Industries, LLC, Member Units | ||||||
Schedule of Investments [Line Items] | ||||||
Amount of Realized Gain/(Loss) | 0 | 0 | ||||
Amount of Unrealized Gain/(Loss) | 7,200 | 1,950 | ||||
Amount of Interest, Fees or Dividends Credited to Income | 9,614 | 1,671 | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 15,570 | [18] | 13,620 | |||
Gross Additions | 7,200 | 1,950 | ||||
Gross Reductions | 0 | 0 | ||||
Ending balance | $ 22,770 | [19] | 15,570 | [18] | 13,620 | |
Investment, Identifier [Axis]: KBK Industries, LLC, Secured Debt | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 9% | |||||
Amount of Realized Gain/(Loss) | $ 0 | |||||
Amount of Unrealized Gain/(Loss) | 38 | |||||
Amount of Interest, Fees or Dividends Credited to Income | 562 | |||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 0 | |||||
Gross Additions | 6,000 | |||||
Gross Reductions | 1,300 | |||||
Ending balance | $ 4,700 | $ 0 | ||||
Investment, Identifier [Axis]: KMS, LLC, Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 14.75% | [11],[13] | 12% | [15],[17] | ||
Spread | 9.25% | [11],[13] | 7.25% | [15],[17] | ||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [15],[17] | $ 995 | ||||
Ending balance | $ 943 | [11],[13] | $ 995 | [15],[17] | ||
Investment, Identifier [Axis]: KMS, LLC, Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 14.75% | [11],[13] | 12% | [15],[17] | ||
Spread | 9.25% | [11],[13] | 7.25% | [15],[17] | ||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [15],[17] | $ 7,022 | ||||
Ending balance | 6,782 | [11],[13] | $ 7,022 | [15],[17] | ||
Investment, Identifier [Axis]: Kickhaefer Manufacturing Company, LLC, Member Units | ||||||
Schedule of Investments [Line Items] | ||||||
Amount of Realized Gain/(Loss) | 0 | |||||
Amount of Unrealized Gain/(Loss) | (120) | |||||
Amount of Interest, Fees or Dividends Credited to Income | 115 | |||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [18],[28] | 2,850 | ||||
Gross Additions | 0 | |||||
Gross Reductions | 120 | |||||
Ending balance | 2,730 | [29] | 2,850 | [18],[28] | ||
Investment, Identifier [Axis]: Kickhaefer Manufacturing Company, LLC, Member Units 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Amount of Realized Gain/(Loss) | 0 | |||||
Amount of Unrealized Gain/(Loss) | 390 | |||||
Amount of Interest, Fees or Dividends Credited to Income | 113 | |||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 2,850 | 2,460 | ||||
Gross Additions | 390 | |||||
Gross Reductions | 0 | |||||
Ending balance | 2,850 | 2,460 | ||||
Investment, Identifier [Axis]: Kickhaefer Manufacturing Company, LLC, Preferred Equity | ||||||
Schedule of Investments [Line Items] | ||||||
Amount of Realized Gain/(Loss) | 0 | 0 | ||||
Amount of Unrealized Gain/(Loss) | 2,470 | (5,090) | ||||
Amount of Interest, Fees or Dividends Credited to Income | 0 | 0 | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 7,220 | 12,310 | ||||
Gross Additions | 2,470 | 0 | ||||
Gross Reductions | 0 | 5,090 | ||||
Ending balance | $ 9,690 | $ 7,220 | 12,310 | |||
Investment, Identifier [Axis]: Kickhaefer Manufacturing Company, LLC, Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 12% | 11.50% | ||||
Amount of Realized Gain/(Loss) | $ 0 | $ 0 | ||||
Amount of Unrealized Gain/(Loss) | 0 | 0 | ||||
Amount of Interest, Fees or Dividends Credited to Income | 2,642 | 2,430 | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 20,374 | 20,324 | ||||
Gross Additions | 201 | 50 | ||||
Gross Reductions | 801 | 0 | ||||
Ending balance | $ 19,774 | $ 20,374 | 20,324 | |||
Investment, Identifier [Axis]: Kickhaefer Manufacturing Company, LLC, Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 9% | 9% | ||||
Amount of Realized Gain/(Loss) | $ 0 | $ 0 | ||||
Amount of Unrealized Gain/(Loss) | 0 | 0 | ||||
Amount of Interest, Fees or Dividends Credited to Income | 349 | 352 | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 3,842 | 3,876 | ||||
Gross Additions | 2 | 2 | ||||
Gross Reductions | 39 | 36 | ||||
Ending balance | 3,805 | $ 3,842 | 3,876 | |||
Investment, Identifier [Axis]: Kore Wireless Group Inc., Secured Debt | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [7],[14] | 10.08% | ||||
Spread | [7],[14] | 5.50% | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [7],[14] | 10,930 | ||||
Ending balance | [7],[14] | $ 10,930 | ||||
Investment, Identifier [Axis]: L.F. Manufacturing Holdings, LLC, Member Units | ||||||
Schedule of Investments [Line Items] | ||||||
Amount of Realized Gain/(Loss) | 617 | |||||
Amount of Unrealized Gain/(Loss) | (541) | |||||
Amount of Interest, Fees or Dividends Credited to Income | 224 | |||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 0 | 2,560 | ||||
Gross Additions | 617 | |||||
Gross Reductions | 3,177 | |||||
Ending balance | $ 0 | 2,560 | ||||
Investment, Identifier [Axis]: L.F. Manufacturing Holdings, LLC, Preferred Member Units (non-voting) | ||||||
Schedule of Investments [Line Items] | ||||||
PIK Rate | 14% | |||||
Amount of Realized Gain/(Loss) | $ 0 | |||||
Amount of Unrealized Gain/(Loss) | 0 | |||||
Amount of Interest, Fees or Dividends Credited to Income | 9 | |||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 0 | 107 | ||||
Gross Additions | 10 | |||||
Gross Reductions | 117 | |||||
Ending balance | 0 | 107 | ||||
Investment, Identifier [Axis]: LKCM Headwater Investments I, L.P., LP Interests | ||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [18],[34],[35],[36] | 3,197 | ||||
Ending balance | $ 2,988 | [32],[37],[38] | $ 3,197 | [18],[34],[35],[36] | ||
Investment, Identifier [Axis]: LL Management, Inc., Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 12.71% | [11],[13] | 11.21% | [14],[15],[17] | ||
Spread | 7.25% | [11],[13] | 7.25% | [14],[15],[17] | ||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [14],[15],[17] | $ 8,047 | ||||
Ending balance | $ 7,960 | [11],[13] | $ 8,047 | [14],[15],[17] | ||
Investment, Identifier [Axis]: LL Management, Inc., Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 12.71% | [11],[13] | 11.67% | [14],[15],[17] | ||
Spread | 7.25% | [11],[13] | 7.25% | [14],[15],[17] | ||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [14],[15],[17] | $ 9,130 | ||||
Ending balance | $ 5,246 | [11],[13] | $ 9,130 | [14],[15],[17] | ||
Investment, Identifier [Axis]: LL Management, Inc., Secured Debt 3 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 12.71% | [11],[13] | 11.67% | [14],[15],[17] | ||
Spread | 7.25% | [11],[13] | 7.25% | [14],[15],[17] | ||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [14],[15],[17] | $ 10,749 | ||||
Ending balance | $ 2,803 | [11],[13] | $ 10,749 | [14],[15],[17] | ||
Investment, Identifier [Axis]: LL Management, Inc., Secured Debt 4 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [11],[13] | 12.71% | ||||
Spread | [11],[13] | 7.25% | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Ending balance | [11],[13] | $ 1,056 | ||||
Investment, Identifier [Axis]: LL Management, Inc., Secured Debt 5 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [11],[13] | 12.71% | ||||
Spread | [11],[13] | 7.25% | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Ending balance | [11],[13] | $ 10,694 | ||||
Investment, Identifier [Axis]: LLFlex, LLC, Secured Debt | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 15.54% | [11],[13] | 12.74% | [15],[17] | ||
Spread | 9% | [11],[13] | 9% | [15],[17] | ||
PIK Rate | [11],[13] | 1% | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [15],[17] | $ 4,350 | ||||
Ending balance | $ 3,979 | [11],[13] | $ 4,350 | [15],[17] | ||
Investment, Identifier [Axis]: Lightbox Holdings, L.P., Secured Debt | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 10.62% | [8] | 9.73% | [7] | ||
Spread | 5% | [8] | 5% | [7] | ||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [7] | $ 13,968 | ||||
Ending balance | $ 13,895 | [8] | $ 13,968 | [7] | ||
Investment, Identifier [Axis]: Logix Acquisition Company, LLC, Secured Debt | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 13.25% | [11],[13] | 10.13% | [15],[17] | ||
Spread | 4.75% | [11],[13] | 5.75% | [15],[17] | ||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [15],[17] | $ 16,221 | ||||
Ending balance | 18,778 | [11],[13] | $ 16,221 | [15],[17] | ||
Investment, Identifier [Axis]: Looking Glass Investments, LLC, Member Units | ||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [34],[36] | 25 | ||||
Ending balance | $ 25 | [32],[38] | $ 25 | [34],[36] | ||
Investment, Identifier [Axis]: MB2 Dental Solutions, LLC, Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 11.46% | [8],[13] | 10.42% | [7],[14],[17] | ||
Spread | 6% | [8],[13] | 6% | [7],[14],[17] | ||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [7],[14],[17] | $ 8,338 | ||||
Ending balance | $ 2,803 | [8],[13] | $ 8,338 | [7],[14],[17] | ||
Investment, Identifier [Axis]: MB2 Dental Solutions, LLC, Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 11.46% | [8],[13] | 10.42% | [7],[14],[17] | ||
Spread | 6% | [8],[13] | 6% | [7],[14],[17] | ||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [7],[14],[17] | $ 7,876 | ||||
Ending balance | $ 3,925 | [8],[13] | $ 7,876 | [7],[14],[17] | ||
Investment, Identifier [Axis]: MB2 Dental Solutions, LLC, Secured Debt 3 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [8],[13] | 11.46% | ||||
Spread | [8],[13] | 6% | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Ending balance | [8],[13] | $ 3,464 | ||||
Investment, Identifier [Axis]: MB2 Dental Solutions, LLC, Secured Debt 4 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [8],[13] | 11.46% | ||||
Spread | [8],[13] | 6% | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Ending balance | [8],[13] | $ 7,796 | ||||
Investment, Identifier [Axis]: MH Corbin Holding LLC, Preferred Member Units 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Amount of Realized Gain/(Loss) | 0 | 0 | ||||
Amount of Unrealized Gain/(Loss) | 330 | 0 | ||||
Amount of Interest, Fees or Dividends Credited to Income | 0 | 0 | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 0 | 0 | ||||
Gross Additions | 330 | 0 | ||||
Gross Reductions | 0 | 0 | ||||
Ending balance | 330 | 0 | 0 | |||
Investment, Identifier [Axis]: MH Corbin Holding LLC, Preferred Member Units 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Amount of Realized Gain/(Loss) | 0 | 0 | ||||
Amount of Unrealized Gain/(Loss) | 0 | 0 | ||||
Amount of Interest, Fees or Dividends Credited to Income | 0 | 0 | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 0 | 0 | ||||
Gross Additions | 0 | 0 | ||||
Gross Reductions | 0 | 0 | ||||
Ending balance | $ 0 | $ 0 | 0 | |||
Investment, Identifier [Axis]: MH Corbin Holding LLC, Secured Debt | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 13% | [25] | 13% | |||
Amount of Realized Gain/(Loss) | $ 0 | $ 0 | ||||
Amount of Unrealized Gain/(Loss) | 1,229 | 699 | ||||
Amount of Interest, Fees or Dividends Credited to Income | 761 | 999 | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 4,548 | 5,934 | ||||
Gross Additions | 1,229 | 708 | ||||
Gross Reductions | 755 | 2,094 | ||||
Ending balance | 5,022 | [25] | 4,548 | 5,934 | ||
Investment, Identifier [Axis]: MS Private Loan Fund I, LP, LP Interests | ||||||
Schedule of Investments [Line Items] | ||||||
Amount of Realized Gain/(Loss) | 0 | |||||
Amount of Unrealized Gain/(Loss) | 502 | |||||
Amount of Interest, Fees or Dividends Credited to Income | 742 | |||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 14,833 | 2,581 | ||||
Gross Additions | 12,252 | |||||
Gross Reductions | 0 | |||||
Ending balance | 14,833 | 2,581 | ||||
Investment, Identifier [Axis]: MS Private Loan Fund I, LP, Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Amount of Realized Gain/(Loss) | 0 | |||||
Amount of Unrealized Gain/(Loss) | 0 | |||||
Amount of Interest, Fees or Dividends Credited to Income | 431 | |||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 0 | 63,151 | ||||
Gross Additions | 13,700 | |||||
Gross Reductions | 76,851 | |||||
Ending balance | 0 | 63,151 | ||||
Investment, Identifier [Axis]: MS Private Loan Fund I, LP, LP Interests | ||||||
Schedule of Investments [Line Items] | ||||||
Amount of Realized Gain/(Loss) | 0 | |||||
Amount of Unrealized Gain/(Loss) | (306) | |||||
Amount of Interest, Fees or Dividends Credited to Income | 1,746 | |||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [18],[34],[35],[36] | 14,833 | ||||
Gross Additions | 0 | |||||
Gross Reductions | 306 | |||||
Ending balance | $ 14,527 | [19],[32],[37],[38] | 14,833 | [18],[34],[35],[36] | ||
Investment, Identifier [Axis]: MS Private Loan Fund I, LP, Secured Debt | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 5% | |||||
Amount of Realized Gain/(Loss) | $ 0 | |||||
Amount of Unrealized Gain/(Loss) | 0 | |||||
Amount of Interest, Fees or Dividends Credited to Income | 25 | |||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [16],[34],[36] | 0 | ||||
Gross Additions | 0 | |||||
Gross Reductions | 0 | |||||
Ending balance | 0 | [12],[32],[38] | 0 | [16],[34],[36] | ||
Investment, Identifier [Axis]: MS Private Loan Fund I, LP, Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Amount of Realized Gain/(Loss) | 0 | |||||
Amount of Unrealized Gain/(Loss) | 0 | |||||
Amount of Interest, Fees or Dividends Credited to Income | 28 | |||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 0 | 0 | ||||
Gross Additions | 5,300 | |||||
Gross Reductions | 5,300 | |||||
Ending balance | 0 | 0 | ||||
Investment, Identifier [Axis]: MS Private Loan Fund II, LP, LP Interests | ||||||
Schedule of Investments [Line Items] | ||||||
Amount of Realized Gain/(Loss) | 0 | |||||
Amount of Unrealized Gain/(Loss) | 0 | |||||
Amount of Interest, Fees or Dividends Credited to Income | 0 | |||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 0 | |||||
Gross Additions | 1,561 | |||||
Gross Reductions | 0 | |||||
Ending balance | $ 1,561 | [32],[37],[38] | 0 | |||
Investment, Identifier [Axis]: MS Private Loan Fund II, LP, Secured Debt | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [13],[32],[38] | 8.88% | ||||
Spread | [13],[32],[38] | 3.50% | ||||
Amount of Realized Gain/(Loss) | $ 0 | |||||
Amount of Unrealized Gain/(Loss) | 0 | |||||
Amount of Interest, Fees or Dividends Credited to Income | 515 | |||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 0 | |||||
Gross Additions | 23,367 | |||||
Gross Reductions | 0 | |||||
Ending balance | 23,367 | [13],[32],[38] | 0 | |||
Investment, Identifier [Axis]: MSC Adviser I, LLC, Member Units | ||||||
Schedule of Investments [Line Items] | ||||||
Amount of Realized Gain/(Loss) | 0 | 0 | ||||
Amount of Unrealized Gain/(Loss) | 51,133 | (17,470) | ||||
Amount of Interest, Fees or Dividends Credited to Income | 11,310 | 9,297 | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 122,930 | [18],[63] | 140,400 | |||
Gross Additions | 51,133 | 0 | ||||
Gross Reductions | 0 | 17,470 | ||||
Ending balance | 174,063 | [19],[64] | 122,930 | [18],[63] | 140,400 | |
Investment, Identifier [Axis]: MSC Income Fund, Inc., Common Equity | ||||||
Schedule of Investments [Line Items] | ||||||
Amount of Realized Gain/(Loss) | 0 | 0 | ||||
Amount of Unrealized Gain/(Loss) | 22 | 3 | ||||
Amount of Interest, Fees or Dividends Credited to Income | 236 | 30 | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 753 | [18],[34],[36] | 0 | |||
Gross Additions | 9,272 | 753 | ||||
Gross Reductions | 0 | 0 | ||||
Ending balance | $ 10,025 | [19],[32],[38] | $ 753 | [18],[34],[36] | 0 | |
Investment, Identifier [Axis]: Mako Steel, LP, Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [15],[17],[65] | 11.79% | ||||
Spread | 6.75% | [11],[12],[13] | 7.25% | [15],[17],[65] | ||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [15],[17],[65] | $ 3,083 | ||||
Ending balance | $ 0 | [11],[12],[13] | $ 3,083 | [15],[17],[65] | ||
Investment, Identifier [Axis]: Mako Steel, LP, Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 12.28% | [11],[13] | 11.09% | [15],[17] | ||
Spread | 6.75% | [11],[13] | 7.25% | [15],[17] | ||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [15],[17] | $ 15,224 | ||||
Ending balance | 15,049 | [11],[13] | $ 15,224 | [15],[17] | ||
Investment, Identifier [Axis]: Market Force Information, LLC, Member Units | ||||||
Schedule of Investments [Line Items] | ||||||
Amount of Realized Gain/(Loss) | (16,642) | 0 | ||||
Amount of Unrealized Gain/(Loss) | 16,642 | 0 | ||||
Amount of Interest, Fees or Dividends Credited to Income | 0 | 0 | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 0 | 0 | ||||
Gross Additions | 16,642 | 0 | ||||
Gross Reductions | 16,642 | 0 | ||||
Ending balance | $ 0 | $ 0 | 0 | |||
Investment, Identifier [Axis]: Market Force Information, LLC, Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [17] | 15.13% | ||||
Spread | 11% | 11% | [17] | |||
Amount of Realized Gain/(Loss) | $ (6,662) | $ 0 | ||||
Amount of Unrealized Gain/(Loss) | 163 | (163) | ||||
Amount of Interest, Fees or Dividends Credited to Income | 453 | 592 | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 6,090 | [17] | 3,400 | |||
Gross Additions | 804 | 2,853 | ||||
Gross Reductions | 6,894 | 163 | ||||
Ending balance | $ 0 | $ 6,090 | [17] | 3,400 | ||
Investment, Identifier [Axis]: Market Force Information, LLC, Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [20] | 12% | ||||
Spread | 11% | |||||
PIK Rate | [20] | 12% | ||||
Amount of Realized Gain/(Loss) | $ (25,952) | $ 0 | ||||
Amount of Unrealized Gain/(Loss) | 24,342 | (7,325) | ||||
Amount of Interest, Fees or Dividends Credited to Income | 0 | 0 | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 1,610 | [20] | 8,936 | |||
Gross Additions | 24,342 | 0 | ||||
Gross Reductions | 25,952 | 7,326 | ||||
Ending balance | 0 | 1,610 | [20] | 8,936 | ||
Investment, Identifier [Axis]: MetalForming AcquireCo, LLC, Common Stock | ||||||
Schedule of Investments [Line Items] | ||||||
Amount of Realized Gain/(Loss) | 0 | |||||
Amount of Unrealized Gain/(Loss) | 0 | |||||
Amount of Interest, Fees or Dividends Credited to Income | 0 | |||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 1,537 | 0 | ||||
Gross Additions | 1,537 | |||||
Gross Reductions | 0 | |||||
Ending balance | $ 1,537 | 0 | ||||
Investment, Identifier [Axis]: MetalForming AcquireCo, LLC, Preferred Equity | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [18] | 8% | ||||
PIK Rate | [18] | 8% | ||||
Amount of Realized Gain/(Loss) | $ 0 | |||||
Amount of Unrealized Gain/(Loss) | 0 | |||||
Amount of Interest, Fees or Dividends Credited to Income | 95 | |||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 6,010 | [18] | 0 | |||
Gross Additions | 6,010 | |||||
Gross Reductions | 0 | |||||
Ending balance | 6,010 | [18] | 0 | |||
Investment, Identifier [Axis]: MetalForming AcquireCo, LLC, Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Amount of Realized Gain/(Loss) | 0 | |||||
Amount of Unrealized Gain/(Loss) | 0 | |||||
Amount of Interest, Fees or Dividends Credited to Income | 16 | |||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 0 | [16] | 0 | |||
Gross Additions | 0 | |||||
Gross Reductions | 0 | |||||
Ending balance | $ 0 | [16] | 0 | |||
Investment, Identifier [Axis]: MetalForming AcquireCo, LLC, Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 12.75% | |||||
Amount of Realized Gain/(Loss) | $ 0 | |||||
Amount of Unrealized Gain/(Loss) | 0 | |||||
Amount of Interest, Fees or Dividends Credited to Income | 1,143 | |||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 23,576 | 0 | ||||
Gross Additions | 23,576 | |||||
Gross Reductions | 0 | |||||
Ending balance | 23,576 | 0 | ||||
Investment, Identifier [Axis]: Metalforming Holdings, LLC, Common Stock | ||||||
Schedule of Investments [Line Items] | ||||||
Amount of Realized Gain/(Loss) | 0 | |||||
Amount of Unrealized Gain/(Loss) | (37) | |||||
Amount of Interest, Fees or Dividends Credited to Income | 522 | |||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 1,537 | |||||
Gross Additions | 0 | |||||
Gross Reductions | 37 | |||||
Ending balance | $ 1,500 | 1,537 | ||||
Investment, Identifier [Axis]: Metalforming Holdings, LLC, Preferred Equity | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [19] | 8% | ||||
PIK Rate | [19] | 8% | ||||
Amount of Realized Gain/(Loss) | $ 0 | |||||
Amount of Unrealized Gain/(Loss) | 0 | |||||
Amount of Interest, Fees or Dividends Credited to Income | 505 | |||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 6,010 | |||||
Gross Additions | 473 | |||||
Gross Reductions | 448 | |||||
Ending balance | $ 6,035 | [19] | 6,010 | |||
Investment, Identifier [Axis]: Metalforming Holdings, LLC, Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 12.75% | |||||
Amount of Realized Gain/(Loss) | $ 0 | |||||
Amount of Unrealized Gain/(Loss) | 0 | |||||
Amount of Interest, Fees or Dividends Credited to Income | 11 | |||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 0 | |||||
Gross Additions | 0 | |||||
Gross Reductions | 0 | |||||
Ending balance | $ 0 | [12] | 0 | |||
Investment, Identifier [Axis]: Metalforming Holdings, LLC, Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 12.75% | |||||
Amount of Realized Gain/(Loss) | $ 0 | |||||
Amount of Unrealized Gain/(Loss) | 0 | |||||
Amount of Interest, Fees or Dividends Credited to Income | 3,092 | |||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 23,576 | |||||
Gross Additions | 47 | |||||
Gross Reductions | 0 | |||||
Ending balance | $ 23,623 | $ 23,576 | ||||
Investment, Identifier [Axis]: Microbe Formulas, LLC, Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Spread | 6.25% | [11],[12],[13] | 6.25% | [14],[15],[16],[17] | ||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [14],[15],[16],[17] | $ (63) | ||||
Ending balance | $ (51) | [11],[12],[13] | $ (63) | [14],[15],[16],[17] | ||
Investment, Identifier [Axis]: Microbe Formulas, LLC, Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 11.46% | [11],[13] | 9.86% | [14],[15],[17] | ||
Spread | 6% | [11],[13] | 6.25% | [14],[15],[17] | ||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [14],[15],[17] | $ 25,181 | ||||
Ending balance | $ 22,168 | [11],[13] | $ 25,181 | [14],[15],[17] | ||
Investment, Identifier [Axis]: Mills Fleet Farm Group, LLC, Secured Debt | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 12.52% | [11],[13] | 10.66% | [15],[17] | ||
Spread | 7% | [11],[13] | 6.25% | [15],[17] | ||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [15],[17] | $ 18,338 | ||||
Ending balance | 17,524 | [11],[13] | $ 18,338 | [15],[17] | ||
Investment, Identifier [Axis]: Mini Melts of America, LLC, Common Equity | ||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Ending balance | [11] | $ 460 | ||||
Investment, Identifier [Axis]: Mini Melts of America, LLC, Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Spread | [11],[12],[13] | 6.25% | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Ending balance | [11],[12],[13] | $ (42) | ||||
Investment, Identifier [Axis]: Mini Melts of America, LLC, Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Spread | [11],[12],[13] | 6.25% | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Ending balance | [11],[12],[13] | $ (16) | ||||
Investment, Identifier [Axis]: Mini Melts of America, LLC, Secured Debt 3 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [11],[13] | 10.64% | ||||
Spread | [11],[13] | 5.25% | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Ending balance | [11],[13] | $ 4,825 | ||||
Investment, Identifier [Axis]: Mini Melts of America, LLC, Secured Debt 4 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [11],[13] | 12.64% | ||||
Spread | [11],[13] | 7.25% | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Ending balance | [11],[13] | $ 4,820 | ||||
Investment, Identifier [Axis]: MonitorUS Holding, LLC, Common Stock | ||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [15],[34],[52] | 889 | ||||
Ending balance | $ 678 | [11],[32],[33] | $ 889 | [15],[34],[52] | ||
Investment, Identifier [Axis]: MonitorUS Holding, LLC, Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [11],[32],[33] | 14% | ||||
Spread | [15],[16],[17],[34],[52] | 7% | ||||
PIK Rate | [11],[32],[33] | 4% | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [15],[16],[17],[34],[52] | $ (64) | ||||
Ending balance | $ 3,938 | [11],[32],[33] | $ (64) | [15],[16],[17],[34],[52] | ||
Investment, Identifier [Axis]: MonitorUS Holding, LLC, Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 14% | [11],[32],[33] | 11.73% | [15],[17],[34],[52] | ||
Spread | [15],[17],[34],[52] | 7% | ||||
PIK Rate | [11],[32],[33] | 4% | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [15],[17],[34],[52] | $ 10,714 | ||||
Ending balance | $ 11,164 | [11],[32],[33] | $ 10,714 | [15],[17],[34],[52] | ||
Investment, Identifier [Axis]: MonitorUS Holding, LLC, Secured Debt 3 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 14% | [11],[32],[33] | 11.73% | [15],[17],[34],[52] | ||
Spread | [15],[17],[34],[52] | 7% | ||||
PIK Rate | [11],[32],[33] | 4% | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [15],[17],[34],[52] | $ 17,038 | ||||
Ending balance | 17,213 | [11],[32],[33] | $ 17,038 | [15],[17],[34],[52] | ||
Investment, Identifier [Axis]: Mystic Logistics Holdings, LLC, Common Stock | ||||||
Schedule of Investments [Line Items] | ||||||
Amount of Realized Gain/(Loss) | 0 | 0 | ||||
Amount of Unrealized Gain/(Loss) | 3,560 | 13,990 | ||||
Amount of Interest, Fees or Dividends Credited to Income | 4,523 | 4,202 | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 22,830 | [18] | 8,840 | |||
Gross Additions | 3,560 | 13,990 | ||||
Gross Reductions | 0 | 0 | ||||
Ending balance | 26,390 | [19] | 22,830 | [18] | 8,840 | |
Investment, Identifier [Axis]: Mystic Logistics Holdings, LLC, Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Amount of Realized Gain/(Loss) | 0 | 0 | ||||
Amount of Unrealized Gain/(Loss) | 0 | 0 | ||||
Amount of Interest, Fees or Dividends Credited to Income | 4 | 4 | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 0 | [16] | 0 | |||
Gross Additions | 0 | 0 | ||||
Gross Reductions | 0 | 0 | ||||
Ending balance | $ 0 | [12] | $ 0 | [16] | 0 | |
Investment, Identifier [Axis]: Mystic Logistics Holdings, LLC, Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 10% | 10% | ||||
Amount of Realized Gain/(Loss) | $ 0 | $ 0 | ||||
Amount of Unrealized Gain/(Loss) | 0 | (1) | ||||
Amount of Interest, Fees or Dividends Credited to Income | 583 | 607 | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 5,746 | 6,378 | ||||
Gross Additions | 0 | 1 | ||||
Gross Reductions | 0 | 633 | ||||
Ending balance | 5,746 | 5,746 | 6,378 | |||
Investment, Identifier [Axis]: NAPCO Precast, LLC, Member Units | ||||||
Schedule of Investments [Line Items] | ||||||
Amount of Realized Gain/(Loss) | 0 | |||||
Amount of Unrealized Gain/(Loss) | (1,730) | |||||
Amount of Interest, Fees or Dividends Credited to Income | 4 | |||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 11,830 | 13,560 | ||||
Gross Additions | 0 | |||||
Gross Reductions | 1,730 | |||||
Ending balance | 11,730 | 11,830 | 13,560 | |||
Investment, Identifier [Axis]: NAPCO Precast, LLC, Members Units | ||||||
Schedule of Investments [Line Items] | ||||||
Amount of Realized Gain/(Loss) | 0 | |||||
Amount of Unrealized Gain/(Loss) | (100) | |||||
Amount of Interest, Fees or Dividends Credited to Income | (40) | |||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 11,830 | |||||
Gross Additions | 0 | |||||
Gross Reductions | 100 | |||||
Ending balance | 11,730 | $ 11,830 | ||||
Investment, Identifier [Axis]: NBG Acquisition Inc, Secured Debt | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [7],[17] | 9.67% | ||||
Spread | [7],[17] | 5.50% | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [7],[17] | 1,251 | ||||
Ending balance | 115 | [8],[21] | $ 1,251 | [7],[17] | ||
Investment, Identifier [Axis]: NRP Jones, LLC, Member Units | ||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [18] | 4,790 | ||||
Ending balance | [18] | 4,790 | ||||
Investment, Identifier [Axis]: NRP Jones, LLC, Member Units 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Amount of Realized Gain/(Loss) | 0 | |||||
Amount of Unrealized Gain/(Loss) | (1,585) | |||||
Amount of Interest, Fees or Dividends Credited to Income | 578 | |||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 4,615 | 6,200 | ||||
Gross Additions | 0 | |||||
Gross Reductions | 1,585 | |||||
Ending balance | 53 | 4,615 | 6,200 | |||
Investment, Identifier [Axis]: NRP Jones, LLC, Member Units 1.1 | ||||||
Schedule of Investments [Line Items] | ||||||
Amount of Realized Gain/(Loss) | 0 | |||||
Amount of Unrealized Gain/(Loss) | (3,148) | |||||
Amount of Interest, Fees or Dividends Credited to Income | 23 | |||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 4,615 | |||||
Gross Additions | 0 | |||||
Gross Reductions | 3,149 | |||||
Ending balance | 1,466 | 4,615 | ||||
Investment, Identifier [Axis]: NRP Jones, LLC, Member Units 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Amount of Realized Gain/(Loss) | 0 | |||||
Amount of Unrealized Gain/(Loss) | (65) | |||||
Amount of Interest, Fees or Dividends Credited to Income | 17 | |||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 175 | 240 | ||||
Gross Additions | 0 | |||||
Gross Reductions | 65 | |||||
Ending balance | 1,466 | [19] | 175 | 240 | ||
Investment, Identifier [Axis]: NRP Jones, LLC, Member Units 2.1 | ||||||
Schedule of Investments [Line Items] | ||||||
Amount of Realized Gain/(Loss) | 0 | |||||
Amount of Unrealized Gain/(Loss) | (122) | |||||
Amount of Interest, Fees or Dividends Credited to Income | 0 | |||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 175 | |||||
Gross Additions | 0 | |||||
Gross Reductions | 122 | |||||
Ending balance | $ 53 | $ 175 | ||||
Investment, Identifier [Axis]: NRP Jones, LLC, Secured Debt | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 12% | 12% | ||||
Amount of Realized Gain/(Loss) | $ 0 | $ 0 | ||||
Amount of Unrealized Gain/(Loss) | 0 | 0 | ||||
Amount of Interest, Fees or Dividends Credited to Income | 253 | 253 | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 2,080 | 2,080 | ||||
Gross Additions | 0 | 0 | ||||
Gross Reductions | 0 | 0 | ||||
Ending balance | 2,080 | $ 2,080 | 2,080 | |||
Investment, Identifier [Axis]: NTM Acquisition Corp., Secured Debt | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [7],[17] | 9.50% | ||||
Spread | [7],[17] | 6.25% | ||||
PIK Rate | [7],[17] | 1% | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [7],[17] | 4,228 | ||||
Ending balance | [7],[17] | $ 4,228 | ||||
Investment, Identifier [Axis]: NWN Corporation, Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [14],[15],[17],[66] | 10.85% | ||||
Spread | [14],[15],[17],[66] | 8% | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [14],[15],[17],[66] | 3,720 | ||||
Ending balance | [14],[15],[17],[66] | $ 3,720 | ||||
Investment, Identifier [Axis]: NWN Corporation, Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [14],[15],[17] | 12.56% | ||||
Spread | [14],[15],[17] | 8% | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [14],[15],[17] | 37,616 | ||||
Ending balance | [14],[15],[17] | $ 37,616 | ||||
Investment, Identifier [Axis]: NWN Corporation, Secured Debt 3 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [15] | 20% | ||||
PIK Rate | [15] | 20% | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [15] | 6,194 | ||||
Ending balance | [15] | $ 6,194 | ||||
Investment, Identifier [Axis]: Nebraska Vet AcquireCo, LLC, , Secured Debt 3 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 12% | |||||
Amount of Realized Gain/(Loss) | $ 0 | |||||
Amount of Unrealized Gain/(Loss) | 66 | |||||
Amount of Interest, Fees or Dividends Credited to Income | 1,299 | |||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 10,500 | 10,412 | ||||
Gross Additions | 88 | |||||
Gross Reductions | 0 | |||||
Ending balance | 10,500 | 10,412 | ||||
Investment, Identifier [Axis]: Nebraska Vet AcquireCo, LLC, Preferred Member Units | ||||||
Schedule of Investments [Line Items] | ||||||
Amount of Realized Gain/(Loss) | 0 | 0 | ||||
Amount of Unrealized Gain/(Loss) | 7,320 | 0 | ||||
Amount of Interest, Fees or Dividends Credited to Income | 591 | 0 | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 7,700 | 7,700 | ||||
Gross Additions | 7,320 | 0 | ||||
Gross Reductions | 0 | 0 | ||||
Ending balance | $ 15,020 | [19] | $ 7,700 | 7,700 | ||
Investment, Identifier [Axis]: Nebraska Vet AcquireCo, LLC, Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Spread | 7% | [12],[13] | 7% | [16],[17] | ||
Amount of Realized Gain/(Loss) | $ 0 | $ 0 | ||||
Amount of Unrealized Gain/(Loss) | 0 | 0 | ||||
Amount of Interest, Fees or Dividends Credited to Income | 10 | 10 | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 0 | [16],[17] | 0 | |||
Gross Additions | 0 | 0 | ||||
Gross Reductions | 0 | 0 | ||||
Ending balance | $ 0 | [12],[13] | $ 0 | [16],[17] | 0 | |
Investment, Identifier [Axis]: Nebraska Vet AcquireCo, LLC, Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 12% | 12% | ||||
Amount of Realized Gain/(Loss) | $ 0 | $ 0 | ||||
Amount of Unrealized Gain/(Loss) | (1) | 122 | ||||
Amount of Interest, Fees or Dividends Credited to Income | 2,910 | 1,778 | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 20,094 | 4,829 | ||||
Gross Additions | 5,701 | 15,265 | ||||
Gross Reductions | 1 | 0 | ||||
Ending balance | $ 25,794 | $ 20,094 | 4,829 | |||
Investment, Identifier [Axis]: Nebraska Vet AcquireCo, LLC, Secured Debt 3 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 12% | 12% | ||||
Amount of Realized Gain/(Loss) | $ 0 | |||||
Amount of Unrealized Gain/(Loss) | (22) | |||||
Amount of Interest, Fees or Dividends Credited to Income | 1,299 | |||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 10,500 | |||||
Gross Additions | 22 | |||||
Gross Reductions | 22 | |||||
Ending balance | 10,500 | $ 10,500 | ||||
Investment, Identifier [Axis]: NexRev LLC, Preferred Member Units | ||||||
Schedule of Investments [Line Items] | ||||||
Amount of Realized Gain/(Loss) | 0 | 0 | ||||
Amount of Unrealized Gain/(Loss) | 5,240 | (2,913) | ||||
Amount of Interest, Fees or Dividends Credited to Income | 665 | 81 | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 1,110 | [18] | 2,690 | |||
Gross Additions | 5,240 | 1,333 | ||||
Gross Reductions | 0 | 2,913 | ||||
Ending balance | $ 6,350 | [19] | 1,110 | [18] | 2,690 | |
Investment, Identifier [Axis]: NexRev LLC, Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 10% | |||||
Amount of Realized Gain/(Loss) | $ 0 | 0 | ||||
Amount of Unrealized Gain/(Loss) | 0 | 0 | ||||
Amount of Interest, Fees or Dividends Credited to Income | 0 | 29 | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 0 | [16] | 800 | |||
Gross Additions | 0 | 0 | ||||
Gross Reductions | 0 | 800 | ||||
Ending balance | $ 0 | [12] | $ 0 | [16] | 800 | |
Investment, Identifier [Axis]: NexRev LLC, Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 10% | 11% | ||||
Amount of Realized Gain/(Loss) | $ 0 | $ 0 | ||||
Amount of Unrealized Gain/(Loss) | 2,859 | (729) | ||||
Amount of Interest, Fees or Dividends Credited to Income | 1,143 | 1,923 | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 8,477 | 13,245 | ||||
Gross Additions | 2,928 | 0 | ||||
Gross Reductions | 1,654 | 4,768 | ||||
Ending balance | $ 9,751 | $ 8,477 | 13,245 | |||
Investment, Identifier [Axis]: NinjaTrader, LLC, Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Spread | 7% | [11],[12],[13] | 6.25% | [15],[16],[17] | ||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [15],[16],[17] | $ 0 | ||||
Ending balance | $ (8) | [11],[12],[13] | $ 0 | [15],[16],[17] | ||
Investment, Identifier [Axis]: NinjaTrader, LLC, Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Spread | 7% | [11],[12],[13] | 6.25% | [15],[16],[17] | ||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [15],[16],[17] | $ (38) | ||||
Ending balance | $ 0 | [11],[12],[13] | $ (38) | [15],[16],[17] | ||
Investment, Identifier [Axis]: NinjaTrader, LLC, Secured Debt 3 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 12.54% | [11],[13] | 9.99% | [15],[17] | ||
Spread | 7% | [11],[13] | 6.25% | [15],[17] | ||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [15],[17] | $ 21,666 | ||||
Ending balance | $ 20,467 | [11],[13] | $ 21,666 | [15],[17] | ||
Investment, Identifier [Axis]: NinjaTrader, LLC, Secured Debt 4 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [11],[13] | 12.52% | ||||
Spread | [11],[13] | 7% | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Ending balance | [11],[13] | $ 7,222 | ||||
Investment, Identifier [Axis]: NuStep, LLC, Preferred Member Units 1 | ||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 5,150 | |||||
Ending balance | 5,150 | 5,150 | ||||
Investment, Identifier [Axis]: NuStep, LLC, Preferred Member Units 1.1 | ||||||
Schedule of Investments [Line Items] | ||||||
Amount of Realized Gain/(Loss) | 0 | 0 | ||||
Amount of Unrealized Gain/(Loss) | 1,200 | (5,460) | ||||
Amount of Interest, Fees or Dividends Credited to Income | 0 | 0 | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 8,040 | 13,500 | ||||
Gross Additions | 1,200 | 0 | ||||
Gross Reductions | 0 | 5,460 | ||||
Ending balance | 9,240 | 8,040 | 13,500 | |||
Investment, Identifier [Axis]: NuStep, LLC, Preferred Member Units 2 | ||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 8,040 | |||||
Ending balance | 9,240 | 8,040 | ||||
Investment, Identifier [Axis]: NuStep, LLC, Preferred Member Units 2.1 | ||||||
Schedule of Investments [Line Items] | ||||||
Amount of Realized Gain/(Loss) | 0 | 0 | ||||
Amount of Unrealized Gain/(Loss) | 0 | 3,088 | ||||
Amount of Interest, Fees or Dividends Credited to Income | 0 | 0 | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 5,150 | 0 | ||||
Gross Additions | 0 | 5,150 | ||||
Gross Reductions | 0 | 0 | ||||
Ending balance | $ 5,150 | $ 5,150 | 0 | |||
Investment, Identifier [Axis]: NuStep, LLC, Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 11.98% | [13] | 10.63% | [17] | ||
Spread | 6.50% | [13] | 6.50% | [17] | ||
Amount of Realized Gain/(Loss) | $ 0 | $ 0 | ||||
Amount of Unrealized Gain/(Loss) | 0 | 0 | ||||
Amount of Interest, Fees or Dividends Credited to Income | 474 | 323 | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 4,399 | [17] | 1,720 | |||
Gross Additions | 0 | 2,679 | ||||
Gross Reductions | 799 | 0 | ||||
Ending balance | $ 3,600 | [13] | $ 4,399 | [17] | 1,720 | |
Investment, Identifier [Axis]: NuStep, LLC, Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 12% | 12% | ||||
Amount of Realized Gain/(Loss) | $ 0 | $ 0 | ||||
Amount of Unrealized Gain/(Loss) | 0 | (4) | ||||
Amount of Interest, Fees or Dividends Credited to Income | 2,256 | 2,180 | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 18,414 | 17,240 | ||||
Gross Additions | 12 | 1,178 | ||||
Gross Reductions | 0 | 4 | ||||
Ending balance | 18,426 | 18,414 | 17,240 | |||
Investment, Identifier [Axis]: OMi Topco, LLC, Preferred Member Units | ||||||
Schedule of Investments [Line Items] | ||||||
Amount of Realized Gain/(Loss) | 0 | 0 | ||||
Amount of Unrealized Gain/(Loss) | 13,570 | 2,600 | ||||
Amount of Interest, Fees or Dividends Credited to Income | 2,700 | 2,154 | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 22,810 | [18] | 20,210 | |||
Gross Additions | 13,570 | 2,600 | ||||
Gross Reductions | 0 | 0 | ||||
Ending balance | $ 36,380 | [19] | $ 22,810 | [18] | 20,210 | |
Investment, Identifier [Axis]: OMi Topco, LLC, Secured Debt | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 12% | 12% | ||||
Amount of Realized Gain/(Loss) | $ 0 | $ 0 | ||||
Amount of Unrealized Gain/(Loss) | (48) | (53) | ||||
Amount of Interest, Fees or Dividends Credited to Income | 1,824 | 2,135 | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 15,750 | 18,000 | ||||
Gross Additions | 48 | 53 | ||||
Gross Reductions | 3,048 | 2,303 | ||||
Ending balance | 12,750 | $ 15,750 | 18,000 | |||
Investment, Identifier [Axis]: OVG Business Services, LLC, Secured Debt | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [15],[17] | 10.64% | ||||
Spread | [15],[17] | 6.25% | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [15],[17] | $ 13,094 | ||||
Ending balance | [15],[17] | $ 13,094 | ||||
Investment, Identifier [Axis]: Obra Capital, Inc. (f/k/a Vida Capital, Inc.), Inc, Secured Debt | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [8] | 11.47% | ||||
Spread | [8] | 6% | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Ending balance | [8] | $ 14,897 | ||||
Investment, Identifier [Axis]: OnAsset Intelligence, Inc., Common Stock | ||||||
Schedule of Investments [Line Items] | ||||||
Amount of Realized Gain/(Loss) | 0 | 0 | ||||
Amount of Unrealized Gain/(Loss) | 0 | 0 | ||||
Amount of Interest, Fees or Dividends Credited to Income | 0 | 0 | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 0 | 0 | ||||
Gross Additions | 0 | 0 | ||||
Gross Reductions | 0 | 0 | ||||
Ending balance | $ 0 | $ 0 | 0 | |||
Investment, Identifier [Axis]: OnAsset Intelligence, Inc., Preferred Stock | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 7% | 7% | ||||
PIK Rate | 7% | 7% | ||||
Amount of Realized Gain/(Loss) | $ 0 | $ 0 | ||||
Amount of Unrealized Gain/(Loss) | 0 | 0 | ||||
Amount of Interest, Fees or Dividends Credited to Income | 0 | 0 | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 0 | 0 | ||||
Gross Additions | 0 | 0 | ||||
Gross Reductions | 0 | 0 | ||||
Ending balance | $ 0 | $ 0 | 0 | |||
Investment, Identifier [Axis]: OnAsset Intelligence, Inc., Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 12% | [21] | 12% | [20] | ||
PIK Rate | 12% | [21] | 12% | [20] | ||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [20] | $ 2,606 | ||||
Ending balance | $ 1,493 | [21] | $ 2,606 | [20] | ||
Investment, Identifier [Axis]: OnAsset Intelligence, Inc., Secured Debt 1.1 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 12% | 12% | ||||
PIK Rate | 12% | 12% | ||||
Amount of Realized Gain/(Loss) | $ 0 | $ 0 | ||||
Amount of Unrealized Gain/(Loss) | (243) | (395) | ||||
Amount of Interest, Fees or Dividends Credited to Income | 0 | 28 | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 569 | 935 | ||||
Gross Additions | 0 | 28 | ||||
Gross Reductions | 243 | 394 | ||||
Ending balance | $ 326 | $ 569 | 935 | |||
Investment, Identifier [Axis]: OnAsset Intelligence, Inc., Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 12% | [21] | 12% | [20] | ||
PIK Rate | 12% | [21] | 12% | [20] | ||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [20] | $ 1,249 | ||||
Ending balance | $ 716 | [21] | $ 1,249 | [20] | ||
Investment, Identifier [Axis]: OnAsset Intelligence, Inc., Secured Debt 2.1 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 12% | 12% | ||||
PIK Rate | 12% | 12% | ||||
Amount of Realized Gain/(Loss) | $ 0 | $ 0 | ||||
Amount of Unrealized Gain/(Loss) | (248) | (403) | ||||
Amount of Interest, Fees or Dividends Credited to Income | 0 | 29 | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 580 | 954 | ||||
Gross Additions | 0 | 29 | ||||
Gross Reductions | 248 | 403 | ||||
Ending balance | $ 332 | $ 580 | 954 | |||
Investment, Identifier [Axis]: OnAsset Intelligence, Inc., Secured Debt 3 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 12% | [21] | 12% | [20] | ||
PIK Rate | 12% | [21] | 12% | [20] | ||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [20] | $ 580 | ||||
Ending balance | $ 332 | [21] | $ 580 | [20] | ||
Investment, Identifier [Axis]: OnAsset Intelligence, Inc., Secured Debt 3.1 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 12% | 12% | ||||
PIK Rate | 12% | 12% | ||||
Amount of Realized Gain/(Loss) | $ 0 | $ 0 | ||||
Amount of Unrealized Gain/(Loss) | (533) | (867) | ||||
Amount of Interest, Fees or Dividends Credited to Income | 0 | 62 | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 1,249 | 2,055 | ||||
Gross Additions | 0 | 62 | ||||
Gross Reductions | 533 | 868 | ||||
Ending balance | $ 716 | $ 1,249 | 2,055 | |||
Investment, Identifier [Axis]: OnAsset Intelligence, Inc., Secured Debt 4 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 12% | [21] | 12% | [20] | ||
PIK Rate | 12% | [21] | 12% | [20] | ||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [20] | $ 569 | ||||
Ending balance | $ 326 | [21] | $ 569 | [20] | ||
Investment, Identifier [Axis]: OnAsset Intelligence, Inc., Secured Debt 4.1 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 12% | 12% | ||||
PIK Rate | 12% | 12% | ||||
Amount of Realized Gain/(Loss) | $ 0 | $ 0 | ||||
Amount of Unrealized Gain/(Loss) | (1,112) | (1,809) | ||||
Amount of Interest, Fees or Dividends Credited to Income | 0 | 129 | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 2,606 | 4,285 | ||||
Gross Additions | 0 | 129 | ||||
Gross Reductions | 1,113 | 1,808 | ||||
Ending balance | $ 1,493 | $ 2,606 | 4,285 | |||
Investment, Identifier [Axis]: OnAsset Intelligence, Inc., Unsecured Debt | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 10% | [21] | 10% | [20] | ||
PIK Rate | 10% | [21] | 10% | [20] | ||
Amount of Realized Gain/(Loss) | $ 0 | $ 0 | ||||
Amount of Unrealized Gain/(Loss) | 0 | 0 | ||||
Amount of Interest, Fees or Dividends Credited to Income | 0 | 5 | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 305 | [20] | 192 | |||
Gross Additions | 0 | 113 | ||||
Gross Reductions | 0 | 0 | ||||
Ending balance | 305 | [21] | 305 | [20] | 192 | |
Investment, Identifier [Axis]: OnAsset Intelligence, Inc., Warrants | ||||||
Schedule of Investments [Line Items] | ||||||
Amount of Realized Gain/(Loss) | 0 | 0 | ||||
Amount of Unrealized Gain/(Loss) | 0 | 0 | ||||
Amount of Interest, Fees or Dividends Credited to Income | 0 | 0 | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 0 | [9] | 0 | |||
Gross Additions | 0 | 0 | ||||
Gross Reductions | 0 | 0 | ||||
Ending balance | 0 | [10] | 0 | [9] | 0 | |
Investment, Identifier [Axis]: Oneliance, LLC, Preferred Stock | ||||||
Schedule of Investments [Line Items] | ||||||
Amount of Realized Gain/(Loss) | 0 | 0 | ||||
Amount of Unrealized Gain/(Loss) | 0 | 0 | ||||
Amount of Interest, Fees or Dividends Credited to Income | 0 | 2 | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 1,056 | 1,056 | ||||
Gross Additions | 72 | 0 | ||||
Gross Reductions | 0 | 0 | ||||
Ending balance | $ 1,128 | $ 1,056 | 1,056 | |||
Investment, Identifier [Axis]: Oneliance, LLC, Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Spread | 11% | [12],[13],[25] | 11% | [16],[17] | ||
Amount of Realized Gain/(Loss) | $ 0 | $ 0 | ||||
Amount of Unrealized Gain/(Loss) | 0 | 0 | ||||
Amount of Interest, Fees or Dividends Credited to Income | 0 | 0 | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 0 | [16],[17] | 0 | |||
Gross Additions | 0 | 0 | ||||
Gross Reductions | 0 | 0 | ||||
Ending balance | $ 0 | [12],[13],[25] | $ 0 | [16],[17] | 0 | |
Investment, Identifier [Axis]: Oneliance, LLC, Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 16.48% | [13] | 15.13% | [17] | ||
Spread | 11% | [13] | 11% | [17] | ||
Amount of Realized Gain/(Loss) | $ 0 | $ 0 | ||||
Amount of Unrealized Gain/(Loss) | (61) | 0 | ||||
Amount of Interest, Fees or Dividends Credited to Income | 914 | 750 | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 5,559 | [17] | 5,547 | |||
Gross Additions | 12 | 12 | ||||
Gross Reductions | 221 | 0 | ||||
Ending balance | 5,350 | [13] | 5,559 | [17] | 5,547 | |
Investment, Identifier [Axis]: Orttech Holdings, LLC, Preferred Stock | ||||||
Schedule of Investments [Line Items] | ||||||
Amount of Realized Gain/(Loss) | 0 | 0 | ||||
Amount of Unrealized Gain/(Loss) | 5,300 | 1,750 | ||||
Amount of Interest, Fees or Dividends Credited to Income | 1,094 | 900 | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 11,750 | [18],[28] | 10,000 | |||
Gross Additions | 5,300 | 1,750 | ||||
Gross Reductions | 0 | 0 | ||||
Ending balance | $ 17,050 | [19],[29] | $ 11,750 | [18],[28] | 10,000 | |
Investment, Identifier [Axis]: Orttech Holdings, LLC, Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Spread | 11% | [12],[13] | 11% | [16],[17] | ||
Amount of Realized Gain/(Loss) | $ 0 | $ 0 | ||||
Amount of Unrealized Gain/(Loss) | 0 | 0 | ||||
Amount of Interest, Fees or Dividends Credited to Income | 0 | 16 | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 0 | [16],[17] | 175 | |||
Gross Additions | 0 | 0 | ||||
Gross Reductions | 0 | 175 | ||||
Ending balance | $ 0 | [12],[13] | $ 0 | [16],[17] | 175 | |
Investment, Identifier [Axis]: Orttech Holdings, LLC, Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 16.48% | [13] | 15.13% | [17] | ||
Spread | 11% | [13] | 11% | [17] | ||
Amount of Realized Gain/(Loss) | $ 0 | $ 0 | ||||
Amount of Unrealized Gain/(Loss) | 115 | 0 | ||||
Amount of Interest, Fees or Dividends Credited to Income | 3,765 | 3,207 | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 23,429 | [17] | 23,976 | |||
Gross Additions | 171 | 53 | ||||
Gross Reductions | 1,560 | 600 | ||||
Ending balance | 22,040 | [13] | $ 23,429 | [17] | 23,976 | |
Investment, Identifier [Axis]: Ospemifene Royalty Sub LLC, Secured Debt | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [15],[20] | 11.50% | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [15],[20] | 103 | ||||
Ending balance | 57 | [11],[21] | $ 103 | [15],[20] | ||
Investment, Identifier [Axis]: Other, Affiliate Investments | ||||||
Schedule of Investments [Line Items] | ||||||
Amount of Realized Gain/(Loss) | 0 | 0 | ||||
Amount of Unrealized Gain/(Loss) | 0 | 0 | ||||
Amount of Interest, Fees or Dividends Credited to Income | 0 | 0 | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 0 | 0 | ||||
Gross Additions | 0 | 0 | ||||
Gross Reductions | 0 | 0 | ||||
Ending balance | 0 | 0 | 0 | |||
Investment, Identifier [Axis]: Other, Control Investments | ||||||
Schedule of Investments [Line Items] | ||||||
Amount of Realized Gain/(Loss) | 0 | 0 | ||||
Amount of Unrealized Gain/(Loss) | 0 | 0 | ||||
Amount of Interest, Fees or Dividends Credited to Income | 0 | 0 | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 0 | 0 | ||||
Gross Additions | 0 | 0 | ||||
Gross Reductions | 0 | 0 | ||||
Ending balance | 0 | 0 | 0 | |||
Investment, Identifier [Axis]: PPL RVs, Inc., Common Stock 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Amount of Realized Gain/(Loss) | 0 | 0 | ||||
Amount of Unrealized Gain/(Loss) | (1,970) | 4,590 | ||||
Amount of Interest, Fees or Dividends Credited to Income | (30) | 1,627 | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 18,950 | [18] | 14,360 | |||
Gross Additions | 0 | 4,590 | ||||
Gross Reductions | 1,970 | 0 | ||||
Ending balance | 16,980 | 18,950 | [18] | 14,360 | ||
Investment, Identifier [Axis]: PPL RVs, Inc., Common Stock 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Amount of Realized Gain/(Loss) | 0 | 0 | ||||
Amount of Unrealized Gain/(Loss) | 130 | 0 | ||||
Amount of Interest, Fees or Dividends Credited to Income | 0 | 0 | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 238 | 0 | ||||
Gross Additions | 130 | 238 | ||||
Gross Reductions | 0 | 0 | ||||
Ending balance | $ 368 | [29] | $ 238 | 0 | ||
Investment, Identifier [Axis]: PPL RVs, Inc., Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Spread | 8.75% | [12],[13] | 7% | [16],[17] | ||
Amount of Realized Gain/(Loss) | $ 0 | $ 0 | ||||
Amount of Unrealized Gain/(Loss) | (2) | 9 | ||||
Amount of Interest, Fees or Dividends Credited to Income | 2 | 79 | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 0 | [16],[17] | 727 | |||
Gross Additions | 2 | 1,273 | ||||
Gross Reductions | 2 | 2,000 | ||||
Ending balance | $ 0 | [12],[13] | $ 0 | [16],[17] | 727 | |
Investment, Identifier [Axis]: PPL RVs, Inc., Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 14.23% | [13] | 10.25% | [17] | ||
Spread | 8.75% | [13] | 7% | [17] | ||
Amount of Realized Gain/(Loss) | $ 0 | $ 0 | ||||
Amount of Unrealized Gain/(Loss) | (67) | 247 | ||||
Amount of Interest, Fees or Dividends Credited to Income | 2,845 | 1,714 | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 21,655 | [17] | 11,655 | |||
Gross Additions | 67 | 10,000 | ||||
Gross Reductions | 1,845 | 0 | ||||
Ending balance | $ 19,877 | [13] | $ 21,655 | [17] | 11,655 | |
Investment, Identifier [Axis]: PTL US Bidco, Inc, Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [11],[13],[32],[33],[67] | 12.80% | ||||
Spread | 7.25% | [11],[13],[32],[33],[67] | 7.25% | [14],[15],[16],[17],[34],[52] | ||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [14],[15],[16],[17],[34],[52] | $ (174) | ||||
Ending balance | $ 2,998 | [11],[13],[32],[33],[67] | $ (174) | [14],[15],[16],[17],[34],[52] | ||
Investment, Identifier [Axis]: PTL US Bidco, Inc, Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 12.88% | [11],[13],[32],[33] | 11.80% | [14],[15],[17],[34],[52] | ||
Spread | 7.25% | [11],[13],[32],[33] | 7.25% | [14],[15],[17],[34],[52] | ||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [14],[15],[17],[34],[52] | $ 27,911 | ||||
Ending balance | $ 26,263 | [11],[13],[32],[33] | $ 27,911 | [14],[15],[17],[34],[52] | ||
Investment, Identifier [Axis]: Paragon Healthcare, Inc., Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [14],[15],[17] | 10.26% | ||||
Spread | 5.75% | [11],[12],[13] | 5.75% | [14],[15],[17] | ||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [14],[15],[17] | $ 530 | ||||
Ending balance | $ 0 | [11],[12],[13] | $ 530 | [14],[15],[17] | ||
Investment, Identifier [Axis]: Paragon Healthcare, Inc., Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 11.24% | [11],[13],[68] | 9.96% | [14],[15],[17],[69] | ||
Spread | 5.75% | [11],[13],[68] | 5.75% | [14],[15],[17],[69] | ||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [14],[15],[17],[69] | $ 2,649 | ||||
Ending balance | $ 3,186 | [11],[13],[68] | $ 2,649 | [14],[15],[17],[69] | ||
Investment, Identifier [Axis]: Paragon Healthcare, Inc., Secured Debt 3 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 11.25% | [11],[13] | 9.81% | [14],[15],[17] | ||
Spread | 5.75% | [11],[13] | 5.75% | [14],[15],[17] | ||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [14],[15],[17] | $ 17,939 | ||||
Ending balance | 18,490 | [11],[13] | $ 17,939 | [14],[15],[17] | ||
Investment, Identifier [Axis]: Pearl Meyer Topco LLC, Preferred Equity | ||||||
Schedule of Investments [Line Items] | ||||||
Amount of Realized Gain/(Loss) | 0 | 0 | ||||
Amount of Unrealized Gain/(Loss) | 830 | 16,290 | ||||
Amount of Interest, Fees or Dividends Credited to Income | 12,110 | 8,204 | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 43,260 | [18] | 26,970 | |||
Gross Additions | 830 | 16,290 | ||||
Gross Reductions | 0 | 0 | ||||
Ending balance | $ 44,090 | [19] | 43,260 | [18] | 26,970 | |
Investment, Identifier [Axis]: Pearl Meyer Topco LLC, Secured Debt | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 12% | |||||
Amount of Realized Gain/(Loss) | $ 0 | |||||
Amount of Unrealized Gain/(Loss) | 3 | |||||
Amount of Interest, Fees or Dividends Credited to Income | 370 | |||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 0 | |||||
Gross Additions | 3,500 | |||||
Gross Reductions | 0 | |||||
Ending balance | $ 3,500 | 0 | ||||
Investment, Identifier [Axis]: Pearl Meyer Topco LLC, Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 12% | |||||
Amount of Realized Gain/(Loss) | 0 | |||||
Amount of Unrealized Gain/(Loss) | 0 | |||||
Amount of Interest, Fees or Dividends Credited to Income | 31 | |||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | $ 0 | [16] | 0 | |||
Gross Additions | 1,500 | |||||
Gross Reductions | 1,500 | |||||
Ending balance | $ 3,500 | 0 | [16] | 0 | ||
Investment, Identifier [Axis]: Pearl Meyer Topco LLC, Secured Debt 1.1 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 12% | |||||
Amount of Realized Gain/(Loss) | $ 0 | |||||
Amount of Unrealized Gain/(Loss) | 44 | |||||
Amount of Interest, Fees or Dividends Credited to Income | 1,552 | |||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 0 | |||||
Gross Additions | 20,000 | |||||
Gross Reductions | 0 | |||||
Ending balance | $ 20,000 | 0 | ||||
Investment, Identifier [Axis]: Pearl Meyer Topco LLC, Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 12% | |||||
Amount of Realized Gain/(Loss) | 0 | |||||
Amount of Unrealized Gain/(Loss) | 0 | |||||
Amount of Interest, Fees or Dividends Credited to Income | 0 | |||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | $ 0 | [16] | 0 | |||
Gross Additions | 0 | |||||
Gross Reductions | 0 | |||||
Ending balance | $ 20,000 | 0 | [16] | 0 | ||
Investment, Identifier [Axis]: Pearl Meyer Topco LLC, Secured Debt 2.1 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 12% | |||||
Amount of Realized Gain/(Loss) | $ 0 | |||||
Amount of Unrealized Gain/(Loss) | (65) | |||||
Amount of Interest, Fees or Dividends Credited to Income | 3,450 | |||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 28,681 | |||||
Gross Additions | 65 | |||||
Gross Reductions | 1,065 | |||||
Ending balance | $ 27,681 | $ 28,681 | ||||
Investment, Identifier [Axis]: Pearl Meyer Topco LLC, Secured Debt 3 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 12% | 12% | ||||
Amount of Realized Gain/(Loss) | $ 0 | |||||
Amount of Unrealized Gain/(Loss) | (92) | |||||
Amount of Interest, Fees or Dividends Credited to Income | 3,714 | |||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | $ 28,681 | 32,674 | ||||
Gross Additions | 92 | |||||
Gross Reductions | 4,085 | |||||
Ending balance | 27,681 | 28,681 | 32,674 | |||
Investment, Identifier [Axis]: Pinnacle TopCo, LLC, Preferred Equity | ||||||
Schedule of Investments [Line Items] | ||||||
Amount of Realized Gain/(Loss) | 0 | |||||
Amount of Unrealized Gain/(Loss) | 0 | |||||
Amount of Interest, Fees or Dividends Credited to Income | 0 | |||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 0 | |||||
Gross Additions | 12,540 | |||||
Gross Reductions | 0 | |||||
Ending balance | $ 12,540 | 0 | ||||
Investment, Identifier [Axis]: Pinnacle TopCo, LLC, Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 8% | |||||
Amount of Realized Gain/(Loss) | $ 0 | |||||
Amount of Unrealized Gain/(Loss) | 0 | |||||
Amount of Interest, Fees or Dividends Credited to Income | 26 | |||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 0 | |||||
Gross Additions | 444 | |||||
Gross Reductions | 0 | |||||
Ending balance | $ 444 | 0 | ||||
Investment, Identifier [Axis]: Pinnacle TopCo, LLC, Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 13% | |||||
Amount of Realized Gain/(Loss) | $ 0 | |||||
Amount of Unrealized Gain/(Loss) | 0 | |||||
Amount of Interest, Fees or Dividends Credited to Income | 586 | |||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 0 | |||||
Gross Additions | 30,339 | |||||
Gross Reductions | 0 | |||||
Ending balance | 30,339 | 0 | ||||
Investment, Identifier [Axis]: Power System Solutions, Common Equity | ||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Ending balance | [11],[13] | $ 1,160 | ||||
Investment, Identifier [Axis]: Power System Solutions, Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Spread | [11],[12],[13] | 6.75% | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Ending balance | [11],[12],[13] | $ (82) | ||||
Investment, Identifier [Axis]: Power System Solutions, Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Spread | [11],[12],[13] | 6.75% | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Ending balance | [11],[12],[13] | $ (82) | ||||
Investment, Identifier [Axis]: Power System Solutions, Secured Debt 3 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [11],[13] | 12.12% | ||||
Spread | [11],[13] | 6.75% | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Ending balance | [11],[13] | $ 18,418 | ||||
Investment, Identifier [Axis]: PrimeFlight Aviation Services, Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [11],[13] | 12.28% | ||||
Spread | [11],[13] | 6.85% | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Ending balance | [11],[13] | $ 7,960 | ||||
Investment, Identifier [Axis]: PrimeFlight Aviation Services, Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [11],[13] | 12.20% | ||||
Spread | [11],[13] | 6.85% | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Ending balance | [11],[13] | $ 760 | ||||
Investment, Identifier [Axis]: Principle Environmental, LLC, Common Stock | ||||||
Schedule of Investments [Line Items] | ||||||
Amount of Realized Gain/(Loss) | 0 | 0 | ||||
Amount of Unrealized Gain/(Loss) | (80) | (120) | ||||
Amount of Interest, Fees or Dividends Credited to Income | 0 | 0 | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 590 | 710 | ||||
Gross Additions | 0 | 0 | ||||
Gross Reductions | 80 | 120 | ||||
Ending balance | 510 | 590 | 710 | |||
Investment, Identifier [Axis]: Principle Environmental, LLC, Preferred Member Units | ||||||
Schedule of Investments [Line Items] | ||||||
Amount of Realized Gain/(Loss) | 0 | 0 | ||||
Amount of Unrealized Gain/(Loss) | (1,670) | 1,260 | ||||
Amount of Interest, Fees or Dividends Credited to Income | 743 | 1,355 | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 12,420 | [18] | 11,160 | |||
Gross Additions | 0 | 1,260 | ||||
Gross Reductions | 1,670 | 0 | ||||
Ending balance | $ 10,750 | [19] | 12,420 | [18] | 11,160 | |
Investment, Identifier [Axis]: Principle Environmental, LLC, Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 13% | |||||
Amount of Realized Gain/(Loss) | $ 0 | 0 | ||||
Amount of Unrealized Gain/(Loss) | 0 | 0 | ||||
Amount of Interest, Fees or Dividends Credited to Income | 0 | 104 | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 0 | [16] | 1,465 | |||
Gross Additions | 0 | 9 | ||||
Gross Reductions | 0 | 1,474 | ||||
Ending balance | $ 0 | [12] | $ 0 | [16] | 1,465 | |
Investment, Identifier [Axis]: Principle Environmental, LLC, Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 13% | 13% | ||||
Amount of Realized Gain/(Loss) | $ 0 | $ 0 | ||||
Amount of Unrealized Gain/(Loss) | 0 | 0 | ||||
Amount of Interest, Fees or Dividends Credited to Income | 801 | 804 | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 5,806 | 5,808 | ||||
Gross Additions | 23 | 24 | ||||
Gross Reductions | 0 | 26 | ||||
Ending balance | 5,829 | $ 5,806 | 5,808 | |||
Investment, Identifier [Axis]: Project Eagle Holdings, LLC, Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Spread | [15],[16],[17] | 6.25% | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [15],[16],[17] | (18) | ||||
Ending balance | [15],[16],[17] | $ (18) | ||||
Investment, Identifier [Axis]: Project Eagle Holdings, LLC, Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [15],[17] | 10.64% | ||||
Spread | [15],[17] | 6.25% | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [15],[17] | 29,419 | ||||
Ending balance | [15],[17] | $ 29,419 | ||||
Investment, Identifier [Axis]: Purge Rite, LLC, Preferred Equity | ||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Ending balance | [11],[13] | $ 3,281 | ||||
Investment, Identifier [Axis]: Purge Rite, LLC, Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Spread | [11],[12],[13] | 8% | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Ending balance | [11],[12],[13] | $ (47) | ||||
Investment, Identifier [Axis]: Purge Rite, LLC, Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [11],[13] | 13.70% | ||||
Spread | [11],[13] | 8% | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Ending balance | [11],[13] | $ 9,610 | ||||
Investment, Identifier [Axis]: Quality Lease Service, LCC, Preferred Member Units | ||||||
Schedule of Investments [Line Items] | ||||||
Amount of Realized Gain/(Loss) | 0 | |||||
Amount of Unrealized Gain/(Loss) | 0 | |||||
Amount of Interest, Fees or Dividends Credited to Income | 0 | |||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 0 | 0 | ||||
Gross Additions | 0 | |||||
Gross Reductions | 0 | |||||
Ending balance | $ 0 | 0 | ||||
Investment, Identifier [Axis]: Quality Lease Service, LCC, Secured Debt | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 12% | |||||
Amount of Realized Gain/(Loss) | $ (86) | |||||
Amount of Unrealized Gain/(Loss) | 0 | |||||
Amount of Interest, Fees or Dividends Credited to Income | 0 | |||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 0 | 0 | ||||
Gross Additions | 0 | |||||
Gross Reductions | 0 | |||||
Ending balance | 0 | 0 | ||||
Investment, Identifier [Axis]: Quality Lease Service, LLC 1, Secured Debt | ||||||
Schedule of Investments [Line Items] | ||||||
Amount of Realized Gain/(Loss) | 0 | |||||
Amount of Unrealized Gain/(Loss) | (98) | |||||
Amount of Interest, Fees or Dividends Credited to Income | 0 | |||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 525 | |||||
Gross Additions | 33 | |||||
Gross Reductions | 98 | |||||
Ending balance | 460 | 525 | ||||
Investment, Identifier [Axis]: Quality Lease Service, LLC, Member Units | ||||||
Schedule of Investments [Line Items] | ||||||
Amount of Realized Gain/(Loss) | 0 | |||||
Amount of Unrealized Gain/(Loss) | 76 | |||||
Amount of Interest, Fees or Dividends Credited to Income | 0 | |||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 525 | 2,148 | ||||
Gross Additions | 77 | |||||
Gross Reductions | 1,700 | |||||
Ending balance | 460 | 525 | 2,148 | |||
Investment, Identifier [Axis]: Quality Lease Service, LLC, Preferred Member Units | ||||||
Schedule of Investments [Line Items] | ||||||
Amount of Realized Gain/(Loss) | 0 | |||||
Amount of Unrealized Gain/(Loss) | 0 | |||||
Amount of Interest, Fees or Dividends Credited to Income | 0 | |||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 0 | |||||
Gross Additions | 0 | |||||
Gross Reductions | 0 | |||||
Ending balance | $ 0 | 0 | ||||
Investment, Identifier [Axis]: Quality Lease Service, LLC, Secured Debt | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 12% | |||||
Amount of Realized Gain/(Loss) | $ (29,526) | |||||
Amount of Unrealized Gain/(Loss) | 29,865 | |||||
Amount of Interest, Fees or Dividends Credited to Income | 0 | |||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 0 | |||||
Gross Additions | 29,865 | |||||
Gross Reductions | 29,865 | |||||
Ending balance | $ 0 | $ 0 | ||||
Investment, Identifier [Axis]: RA Outdoors LLC, Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [11],[13],[57] | 12.22% | ||||
Spread | 6.75% | [11],[13],[57] | 6.75% | [14],[15],[16],[17] | ||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [14],[15],[16],[17] | $ (11) | ||||
Ending balance | $ 772 | [11],[13],[57] | $ (11) | [14],[15],[16],[17] | ||
Investment, Identifier [Axis]: RA Outdoors LLC, Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 12.21% | [11],[13] | 10.56% | [14],[15],[17] | ||
Spread | 6.75% | [11],[13] | 6.75% | [14],[15],[17] | ||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [14],[15],[17] | $ 12,094 | ||||
Ending balance | 12,512 | [11],[13] | $ 12,094 | [14],[15],[17] | ||
Investment, Identifier [Axis]: RM Bidder, LLC, Member Units | ||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [15] | 19 | ||||
Ending balance | [15] | 19 | ||||
Investment, Identifier [Axis]: RM Bidder, LLC, Warrants | ||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [15],[70] | $ 0 | ||||
Ending balance | [15],[70] | $ 0 | ||||
Investment, Identifier [Axis]: RTIC Subsidiary Holdings, LLC, Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 13.21% | [11],[13] | 12.02% | [14],[15],[17],[71] | ||
Spread | 7.75% | [11],[13] | 7.75% | [14],[15],[17],[71] | ||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [14],[15],[17],[71] | $ 1,258 | ||||
Ending balance | $ 534 | [11],[13] | $ 1,258 | [14],[15],[17],[71] | ||
Investment, Identifier [Axis]: RTIC Subsidiary Holdings, LLC, Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 13.19% | [11],[13] | 11.49% | [14],[15],[17] | ||
Spread | 7.75% | [11],[13] | 7.75% | [14],[15],[17] | ||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [14],[15],[17] | $ 15,367 | ||||
Ending balance | $ 13,951 | [11],[13] | $ 15,367 | [14],[15],[17] | ||
Investment, Identifier [Axis]: RTIC Subsidiary Holdings, LLC, Secured Debt 3 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [11],[13] | 13.19% | ||||
Spread | [11],[13] | 7.75% | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Ending balance | [11],[13] | $ 559 | ||||
Investment, Identifier [Axis]: Research Now Group, Inc. and Survey Sampling International, LLC, Secured Debt | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 11.14% | [8],[13] | 8.84% | [7],[17] | ||
Spread | 5.50% | [8],[13] | 5.50% | [7],[17] | ||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [7],[17] | $ 15,116 | ||||
Ending balance | $ 14,715 | [8],[13] | $ 15,116 | [7],[17] | ||
Investment, Identifier [Axis]: Richardson Sales Solutions, Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [11],[13],[72] | 18.47% | ||||
Spread | [11],[13],[72] | 6.50% | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Ending balance | [11],[13],[72] | $ 3,109 | ||||
Investment, Identifier [Axis]: Richardson Sales Solutions, Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [11],[13] | 11.88% | ||||
Spread | [11],[13] | 6.50% | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Ending balance | [11],[13] | $ 39,376 | ||||
Investment, Identifier [Axis]: River Aggregates, LLC, Member Units | ||||||
Schedule of Investments [Line Items] | ||||||
Amount of Realized Gain/(Loss) | 0 | 0 | ||||
Amount of Unrealized Gain/(Loss) | 90 | 340 | ||||
Amount of Interest, Fees or Dividends Credited to Income | 0 | 0 | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 3,620 | [28] | 3,280 | |||
Gross Additions | 90 | 340 | ||||
Gross Reductions | 0 | 0 | ||||
Ending balance | 3,710 | [29] | 3,620 | [28] | 3,280 | |
Investment, Identifier [Axis]: Robbins Bros. Jewelry, Inc., Preferred Equity | ||||||
Schedule of Investments [Line Items] | ||||||
Amount of Realized Gain/(Loss) | 0 | 0 | ||||
Amount of Unrealized Gain/(Loss) | (14,880) | 3,810 | ||||
Amount of Interest, Fees or Dividends Credited to Income | 0 | 558 | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 14,880 | 11,070 | ||||
Gross Additions | 0 | 3,810 | ||||
Gross Reductions | 14,880 | 0 | ||||
Ending balance | $ 0 | 14,880 | 11,070 | |||
Investment, Identifier [Axis]: Robbins Bros. Jewelry, Inc., Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 12.50% | |||||
Amount of Realized Gain/(Loss) | $ 0 | 0 | ||||
Amount of Unrealized Gain/(Loss) | 0 | 0 | ||||
Amount of Interest, Fees or Dividends Credited to Income | 32 | 32 | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | (35) | [16],[17] | (44) | |||
Gross Additions | 9 | 9 | ||||
Gross Reductions | 0 | 0 | ||||
Ending balance | $ (26) | [12] | $ (35) | [16],[17] | (44) | |
Investment, Identifier [Axis]: Robbins Bros. Jewelry, Inc., Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 12.50% | 12.50% | [17] | |||
Amount of Realized Gain/(Loss) | $ 0 | $ 0 | ||||
Amount of Unrealized Gain/(Loss) | (3,113) | 0 | ||||
Amount of Interest, Fees or Dividends Credited to Income | 4,489 | 4,678 | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 35,404 | [17] | 36,000 | |||
Gross Additions | 81 | 78 | ||||
Gross Reductions | 4,687 | 674 | ||||
Ending balance | 30,798 | 35,404 | [17] | 36,000 | ||
Investment, Identifier [Axis]: Rocaceia, LLC (Quality Lease and Rental Holdings, LLC), Preferred Member Units | ||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 0 | |||||
Ending balance | 0 | $ 0 | ||||
Investment, Identifier [Axis]: Rocaceia, LLC (Quality Lease and Rental Holdings, LLC), Secured Debt | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [20],[27],[73] | 12% | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [20],[27],[73] | $ 0 | ||||
Ending balance | [20],[27],[73] | $ 0 | ||||
Investment, Identifier [Axis]: Roof Opco, LLC, Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [14],[15],[17] | 10.97% | ||||
Spread | 6.50% | [11],[12],[13] | 6.50% | [14],[15],[17] | ||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [14],[15],[17] | $ 311 | ||||
Ending balance | $ 0 | [11],[12],[13] | $ 311 | [14],[15],[17] | ||
Investment, Identifier [Axis]: Roof Opco, LLC, Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 12.16% | [11],[13] | 10.32% | [14],[15],[17] | ||
Spread | 6.50% | [11],[13] | 6.50% | [14],[15],[17] | ||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [14],[15],[17] | $ 2,333 | ||||
Ending balance | $ 3,314 | [11],[13] | $ 2,333 | [14],[15],[17] | ||
Investment, Identifier [Axis]: Roof Opco, LLC, Secured Debt 3 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 14.16% | [11],[13] | 10.32% | [14],[15],[17] | ||
Spread | 8.50% | [11],[13] | 6.50% | [14],[15],[17] | ||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [14],[15],[17] | $ 3,173 | ||||
Ending balance | $ 3,266 | [11],[13] | $ 3,173 | [14],[15],[17] | ||
Investment, Identifier [Axis]: Rug Doctor, LLC., Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 13.54% | [11],[13] | 13.02% | [14],[15],[17] | ||
Spread | 6% | [11],[13] | 6.25% | [14],[15],[17] | ||
PIK Rate | 2% | [11],[13] | 2% | [14],[15],[17] | ||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [14],[15],[17] | $ 5,037 | ||||
Ending balance | $ 5,744 | [11],[13] | $ 5,037 | [14],[15],[17] | ||
Investment, Identifier [Axis]: Rug Doctor, LLC., Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 13.54% | [11],[13] | 13.02% | [14],[15],[17] | ||
Spread | 6% | [11],[13] | 6.25% | [14],[15],[17] | ||
PIK Rate | 2% | [11],[13] | 2% | [14],[15],[17] | ||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [14],[15],[17] | $ 7,478 | ||||
Ending balance | 8,086 | [11],[13] | $ 7,478 | [14],[15],[17] | ||
Investment, Identifier [Axis]: SI East, LLC, Preferred Member Units | ||||||
Schedule of Investments [Line Items] | ||||||
Amount of Realized Gain/(Loss) | 0 | 0 | ||||
Amount of Unrealized Gain/(Loss) | 5,213 | 2,080 | ||||
Amount of Interest, Fees or Dividends Credited to Income | 1,196 | 647 | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 13,650 | [18] | 11,570 | |||
Gross Additions | 5,520 | 2,080 | ||||
Gross Reductions | 0 | 0 | ||||
Ending balance | $ 19,170 | [19] | 13,650 | [18] | 11,570 | |
Investment, Identifier [Axis]: SI East, LLC, Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 11.25% | |||||
Amount of Realized Gain/(Loss) | $ 0 | 0 | ||||
Amount of Unrealized Gain/(Loss) | 17 | 0 | ||||
Amount of Interest, Fees or Dividends Credited to Income | 83 | 237 | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 0 | [16] | 2,250 | |||
Gross Additions | 1,875 | 3,750 | ||||
Gross Reductions | 750 | 6,000 | ||||
Ending balance | $ 1,125 | $ 0 | [16] | 2,250 | ||
Investment, Identifier [Axis]: SI East, LLC, Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 12.47% | [74] | 9.50% | |||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | $ 89,786 | |||||
Ending balance | $ 54,536 | [74] | $ 89,786 | |||
Investment, Identifier [Axis]: SI East, LLC, Secured Debt 2.1 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 12.47% | |||||
Amount of Realized Gain/(Loss) | $ 0 | |||||
Amount of Unrealized Gain/(Loss) | 241 | |||||
Amount of Interest, Fees or Dividends Credited to Income | 4,075 | |||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 0 | |||||
Gross Additions | 54,536 | |||||
Gross Reductions | 0 | |||||
Ending balance | 54,536 | $ 0 | ||||
Investment, Identifier [Axis]: SI East, LLC, Secured Debt 2.2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 9.50% | |||||
Amount of Realized Gain/(Loss) | $ 0 | |||||
Amount of Unrealized Gain/(Loss) | (34) | |||||
Amount of Interest, Fees or Dividends Credited to Income | 8,409 | |||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | $ 89,786 | 63,600 | ||||
Gross Additions | 31,159 | |||||
Gross Reductions | 4,973 | |||||
Ending balance | 89,786 | 63,600 | ||||
Investment, Identifier [Axis]: SI East, LLC, Secured Debt 3 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 9.50% | |||||
Amount of Realized Gain/(Loss) | $ 0 | |||||
Amount of Unrealized Gain/(Loss) | (79) | |||||
Amount of Interest, Fees or Dividends Credited to Income | 3,885 | |||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 89,786 | |||||
Gross Additions | 0 | |||||
Gross Reductions | 89,786 | |||||
Ending balance | 0 | 89,786 | ||||
Investment, Identifier [Axis]: SIB Holdings, LLC, Common Equity | ||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [15] | 146 | ||||
Ending balance | [15] | $ 146 | ||||
Investment, Identifier [Axis]: SIB Holdings, LLC, Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [15],[17] | 11.01% | ||||
Spread | [15],[17] | 6.25% | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [15],[17] | 393 | ||||
Ending balance | [15],[17] | $ 393 | ||||
Investment, Identifier [Axis]: SIB Holdings, LLC, Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [15],[17] | 11.01% | ||||
Spread | [15],[17] | 6.25% | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [15],[17] | 1,433 | ||||
Ending balance | [15],[17] | $ 1,433 | ||||
Investment, Identifier [Axis]: SIB Holdings, LLC, Secured Debt 3 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [15],[17] | 11.01% | ||||
Spread | [15],[17] | 6.25% | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [15],[17] | 7,151 | ||||
Ending balance | [15],[17] | $ 7,151 | ||||
Investment, Identifier [Axis]: SPAU Holdings, LLC, Common Stock | ||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [15] | 639 | ||||
Ending balance | $ 500 | [11] | $ 639 | [15] | ||
Investment, Identifier [Axis]: SPAU Holdings, LLC, Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Spread | 8% | [11],[12],[13] | 7.50% | [14],[15],[16],[17] | ||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [14],[15],[16],[17] | $ (57) | ||||
Ending balance | $ 0 | [11],[12],[13] | $ (57) | [14],[15],[16],[17] | ||
Investment, Identifier [Axis]: SPAU Holdings, LLC, Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 13.72% | [11],[13] | 11.06% | [14],[15],[17] | ||
Spread | 8% | [11],[13] | 7.50% | [14],[15],[17] | ||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [14],[15],[17] | $ 15,928 | ||||
Ending balance | 15,728 | [11],[13] | $ 15,928 | [14],[15],[17] | ||
Investment, Identifier [Axis]: Savers, Inc., Secured Debt | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [7],[14],[17] | 10.34% | ||||
Spread | [7],[14],[17] | 5.50% | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [7],[14],[17] | 10,938 | ||||
Ending balance | [7],[14],[17] | $ 10,938 | ||||
Investment, Identifier [Axis]: Slick Innovations, LLC, Common Stock | ||||||
Schedule of Investments [Line Items] | ||||||
Amount of Realized Gain/(Loss) | 0 | 0 | ||||
Amount of Unrealized Gain/(Loss) | 780 | 264 | ||||
Amount of Interest, Fees or Dividends Credited to Income | 0 | 456 | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 1,530 | [18] | 1,510 | |||
Gross Additions | 780 | 264 | ||||
Gross Reductions | 0 | 244 | ||||
Ending balance | $ 2,310 | $ 1,530 | [18] | 1,510 | ||
Investment, Identifier [Axis]: Slick Innovations, LLC, Secured Debt | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 14% | 14% | ||||
Amount of Realized Gain/(Loss) | $ 0 | $ 0 | ||||
Amount of Unrealized Gain/(Loss) | (48) | 70 | ||||
Amount of Interest, Fees or Dividends Credited to Income | 1,887 | 936 | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 13,840 | 5,320 | ||||
Gross Additions | 48 | 10,080 | ||||
Gross Reductions | 2,448 | 1,560 | ||||
Ending balance | 11,440 | 13,840 | 5,320 | |||
Investment, Identifier [Axis]: Slick Innovations, LLC, Warrants | ||||||
Schedule of Investments [Line Items] | ||||||
Amount of Realized Gain/(Loss) | 1,219 | |||||
Amount of Unrealized Gain/(Loss) | (219) | |||||
Amount of Interest, Fees or Dividends Credited to Income | 0 | |||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 0 | 400 | ||||
Gross Additions | 1,219 | |||||
Gross Reductions | 1,619 | |||||
Ending balance | 0 | 400 | ||||
Investment, Identifier [Axis]: Sonic Systems International, LLC, Common Stock | ||||||
Schedule of Investments [Line Items] | ||||||
Amount of Realized Gain/(Loss) | 0 | |||||
Amount of Unrealized Gain/(Loss) | (76) | |||||
Amount of Interest, Fees or Dividends Credited to Income | 43 | |||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 1,280 | [15] | 1,070 | |||
Gross Additions | 286 | |||||
Gross Reductions | 76 | |||||
Ending balance | $ 1,280 | [15] | 1,070 | |||
Investment, Identifier [Axis]: Sonic Systems International, LLC, Secured Debt | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [15],[17] | 11.24% | ||||
Spread | [15],[17] | 7.50% | ||||
Amount of Realized Gain/(Loss) | $ 0 | |||||
Amount of Unrealized Gain/(Loss) | 242 | |||||
Amount of Interest, Fees or Dividends Credited to Income | 1,434 | |||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 15,769 | [15],[17] | 11,757 | |||
Gross Additions | 4,012 | |||||
Gross Reductions | 0 | |||||
Ending balance | 15,769 | [15],[17] | 11,757 | |||
Investment, Identifier [Axis]: South Coast Terminals Holdings, LLC, Common Equity | ||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [15] | 1,316 | ||||
Ending balance | $ 836 | [11] | $ 1,316 | [15] | ||
Investment, Identifier [Axis]: South Coast Terminals Holdings, LLC, Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [11],[13] | 11.46% | ||||
Spread | 6% | [11],[13] | 5.75% | [15],[16],[17] | ||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [15],[16],[17] | $ (71) | ||||
Ending balance | $ 394 | [11],[13] | $ (71) | [15],[16],[17] | ||
Investment, Identifier [Axis]: South Coast Terminals Holdings, LLC, Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 11.70% | [11],[13] | 9.69% | [15],[17] | ||
Spread | 6% | [11],[13] | 5.75% | [15],[17] | ||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [15],[17] | $ 41,255 | ||||
Ending balance | 34,886 | [11],[13] | $ 41,255 | [15],[17] | ||
Investment, Identifier [Axis]: Staples Canada ULC, Secured Debt | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [15],[17],[34],[52],[75] | 11.83% | ||||
Spread | [15],[17],[34],[52],[75] | 7% | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [15],[17],[34],[52],[75] | 12,481 | ||||
Ending balance | [15],[17],[34],[52],[75] | $ 12,481 | ||||
Investment, Identifier [Axis]: Stellant Systems, Inc., Secured Debt | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [7],[14],[17] | 10.05% | ||||
Spread | [7],[14],[17] | 5.50% | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [7],[14],[17] | $ 7,166 | ||||
Ending balance | [7],[14],[17] | $ 7,166 | ||||
Investment, Identifier [Axis]: Stellant Systems, Inc., Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [8],[13] | 11.04% | ||||
Spread | [8],[13] | 5.50% | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Ending balance | [8],[13] | $ 7,527 | ||||
Investment, Identifier [Axis]: Stellant Systems, Inc., Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [8],[13] | 11.28% | ||||
Spread | [8],[13] | 5.75% | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Ending balance | [8],[13] | $ 8,977 | ||||
Investment, Identifier [Axis]: Student Resource Center, LLC, Preferred Equity | ||||||
Schedule of Investments [Line Items] | ||||||
Amount of Realized Gain/(Loss) | 0 | 0 | ||||
Amount of Unrealized Gain/(Loss) | 0 | 0 | ||||
Amount of Interest, Fees or Dividends Credited to Income | 0 | 0 | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 0 | [15] | 0 | |||
Gross Additions | 0 | 0 | ||||
Gross Reductions | 0 | 0 | ||||
Ending balance | $ 0 | [11] | $ 0 | [15] | 0 | |
Investment, Identifier [Axis]: Student Resource Center, LLC, Secured Debt | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 8.50% | [11],[21] | 13.27% | [15] | ||
Spread | [15] | 8.50% | ||||
PIK Rate | 8.50% | |||||
Amount of Realized Gain/(Loss) | $ (2) | |||||
Amount of Unrealized Gain/(Loss) | (1,694) | |||||
Amount of Interest, Fees or Dividends Credited to Income | 329 | |||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [15] | 4,556 | ||||
Gross Additions | 221 | |||||
Gross Reductions | 1,587 | |||||
Ending balance | 3,190 | [11],[21] | $ 4,556 | [15] | ||
Investment, Identifier [Axis]: Student Resource Center, LLC, Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 13.27% | |||||
Spread | 8.50% | |||||
Amount of Realized Gain/(Loss) | $ 0 | |||||
Amount of Unrealized Gain/(Loss) | 0 | |||||
Amount of Interest, Fees or Dividends Credited to Income | 0 | |||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 4,556 | 0 | ||||
Gross Additions | 4,556 | |||||
Gross Reductions | 0 | |||||
Ending balance | 4,556 | 0 | ||||
Investment, Identifier [Axis]: Student Resource Center, LLC, Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Amount of Realized Gain/(Loss) | (5,991) | |||||
Amount of Unrealized Gain/(Loss) | 4,000 | |||||
Amount of Interest, Fees or Dividends Credited to Income | 6 | |||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 0 | 10,839 | ||||
Gross Additions | 5,877 | |||||
Gross Reductions | 16,716 | |||||
Ending balance | 0 | 10,839 | ||||
Investment, Identifier [Axis]: Superior Rigging & Erecting Co., Preferred Member Units | ||||||
Schedule of Investments [Line Items] | ||||||
Amount of Realized Gain/(Loss) | 0 | 0 | ||||
Amount of Unrealized Gain/(Loss) | 1,440 | 0 | ||||
Amount of Interest, Fees or Dividends Credited to Income | 0 | 0 | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 4,500 | 4,500 | ||||
Gross Additions | 1,440 | 0 | ||||
Gross Reductions | 0 | 0 | ||||
Ending balance | $ 5,940 | $ 4,500 | 4,500 | |||
Investment, Identifier [Axis]: Superior Rigging & Erecting Co., Secured Debt | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 12% | 12% | ||||
Amount of Realized Gain/(Loss) | $ 0 | $ 0 | ||||
Amount of Unrealized Gain/(Loss) | 0 | 0 | ||||
Amount of Interest, Fees or Dividends Credited to Income | 2,564 | 2,662 | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 21,378 | 21,332 | ||||
Gross Additions | 49 | 46 | ||||
Gross Reductions | 1,000 | 0 | ||||
Ending balance | 20,427 | $ 21,378 | 21,332 | |||
Investment, Identifier [Axis]: Tacala Investment Corp., Secured Debt | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [17],[76],[77] | 7.88% | ||||
Spread | [17],[76],[77] | 3.50% | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [17],[76],[77] | $ 1,904 | ||||
Ending balance | [17],[76],[77] | $ 1,904 | ||||
Investment, Identifier [Axis]: Team Public Choices, LLC, Secured Debt | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 10.88% | [8],[13] | 9.93% | [7],[17] | ||
Spread | 5% | [8],[13] | 5% | [7],[17] | ||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [7],[17] | $ 14,290 | ||||
Ending balance | 14,717 | [8],[13] | $ 14,290 | [7],[17] | ||
Investment, Identifier [Axis]: Tectonic Financial, LLC, Common Stock | ||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [18] | 5,630 | ||||
Ending balance | 5,030 | [19] | 5,630 | [18] | ||
Investment, Identifier [Axis]: Tedder Industries, LLC, Preferred Member Units | ||||||
Schedule of Investments [Line Items] | ||||||
Amount of Realized Gain/(Loss) | 0 | |||||
Amount of Unrealized Gain/(Loss) | (1,564) | |||||
Amount of Interest, Fees or Dividends Credited to Income | 0 | |||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 7,681 | 8,579 | ||||
Gross Additions | 666 | |||||
Gross Reductions | 1,564 | |||||
Ending balance | 7,681 | 8,579 | ||||
Investment, Identifier [Axis]: Tedder Industries, LLC, Preferred Member Units 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Amount of Realized Gain/(Loss) | 0 | |||||
Amount of Unrealized Gain/(Loss) | (7,681) | |||||
Amount of Interest, Fees or Dividends Credited to Income | 0 | |||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 7,681 | |||||
Gross Additions | 0 | |||||
Gross Reductions | 7,681 | |||||
Ending balance | 0 | 7,681 | ||||
Investment, Identifier [Axis]: Tedder Industries, LLC, Preferred Member Units 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Amount of Realized Gain/(Loss) | 0 | |||||
Amount of Unrealized Gain/(Loss) | (564) | |||||
Amount of Interest, Fees or Dividends Credited to Income | 0 | |||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 0 | |||||
Gross Additions | 494 | |||||
Gross Reductions | 494 | |||||
Ending balance | 0 | 0 | ||||
Investment, Identifier [Axis]: Tedder Industries, LLC, Preferred Member Units 3 | ||||||
Schedule of Investments [Line Items] | ||||||
Amount of Realized Gain/(Loss) | 0 | |||||
Amount of Unrealized Gain/(Loss) | (661) | |||||
Amount of Interest, Fees or Dividends Credited to Income | 0 | |||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 0 | |||||
Gross Additions | 661 | |||||
Gross Reductions | 661 | |||||
Ending balance | $ 0 | $ 0 | ||||
Investment, Identifier [Axis]: Tedder Industries, LLC, Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 12% | [25] | 12% | |||
Amount of Realized Gain/(Loss) | $ 0 | $ 0 | ||||
Amount of Unrealized Gain/(Loss) | (114) | 0 | ||||
Amount of Interest, Fees or Dividends Credited to Income | 224 | 215 | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 1,840 | 1,040 | ||||
Gross Additions | 0 | 800 | ||||
Gross Reductions | 114 | 0 | ||||
Ending balance | $ 1,726 | [25] | $ 1,840 | 1,040 | ||
Investment, Identifier [Axis]: Tedder Industries, LLC, Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 12% | [25] | 12% | |||
Amount of Realized Gain/(Loss) | $ 0 | $ 0 | ||||
Amount of Unrealized Gain/(Loss) | (867) | (71) | ||||
Amount of Interest, Fees or Dividends Credited to Income | 1,858 | 1,900 | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 15,120 | 15,141 | ||||
Gross Additions | 8 | 51 | ||||
Gross Reductions | 866 | 72 | ||||
Ending balance | 14,262 | [25] | 15,120 | 15,141 | ||
Investment, Identifier [Axis]: Televerde, LLC, Member Units | ||||||
Schedule of Investments [Line Items] | ||||||
Amount of Realized Gain/(Loss) | 0 | |||||
Amount of Unrealized Gain/(Loss) | (1,872) | |||||
Amount of Interest, Fees or Dividends Credited to Income | 2 | |||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 5,408 | 7,280 | ||||
Gross Additions | 0 | |||||
Gross Reductions | 1,872 | |||||
Ending balance | 4,734 | [19] | 5,408 | 7,280 | ||
Investment, Identifier [Axis]: Televerde, LLC, Memeber Units | ||||||
Schedule of Investments [Line Items] | ||||||
Amount of Realized Gain/(Loss) | 0 | |||||
Amount of Unrealized Gain/(Loss) | (674) | |||||
Amount of Interest, Fees or Dividends Credited to Income | 333 | |||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 5,408 | |||||
Gross Additions | 0 | |||||
Gross Reductions | 674 | |||||
Ending balance | 4,734 | 5,408 | ||||
Investment, Identifier [Axis]: Televerde, LLC, Preferred Stock | ||||||
Schedule of Investments [Line Items] | ||||||
Amount of Realized Gain/(Loss) | 0 | 0 | ||||
Amount of Unrealized Gain/(Loss) | 0 | 1,076 | ||||
Amount of Interest, Fees or Dividends Credited to Income | 0 | 0 | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 1,794 | 0 | ||||
Gross Additions | 0 | 1,794 | ||||
Gross Reductions | 0 | 0 | ||||
Ending balance | 1,794 | 1,794 | 0 | |||
Investment, Identifier [Axis]: Tex Tech Tennis, LLC, Preferred Equity | ||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [15],[28] | 1,830 | ||||
Ending balance | 2,840 | [11],[29] | 1,830 | [15],[28] | ||
Investment, Identifier [Axis]: The Affiliati Network, LLC, Preferred Stock | ||||||
Schedule of Investments [Line Items] | ||||||
Amount of Realized Gain/(Loss) | 0 | |||||
Amount of Unrealized Gain/(Loss) | 0 | |||||
Amount of Interest, Fees or Dividends Credited to Income | 403 | |||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 6,400 | [18] | 6,400 | |||
Gross Additions | 0 | |||||
Gross Reductions | 0 | |||||
Ending balance | 6,400 | [18] | 6,400 | |||
Investment, Identifier [Axis]: The Affiliati Network, LLC, Preferred Stock 1 | ||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Ending balance | 172 | |||||
Investment, Identifier [Axis]: The Affiliati Network, LLC, Preferred Stock 1.1 | ||||||
Schedule of Investments [Line Items] | ||||||
Amount of Realized Gain/(Loss) | 0 | |||||
Amount of Unrealized Gain/(Loss) | 0 | |||||
Amount of Interest, Fees or Dividends Credited to Income | 188 | |||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 6,400 | |||||
Gross Additions | 0 | |||||
Gross Reductions | 0 | |||||
Ending balance | 6,400 | 6,400 | ||||
Investment, Identifier [Axis]: The Affiliati Network, LLC, Preferred Stock 2 | ||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Ending balance | [19] | 6,400 | ||||
Investment, Identifier [Axis]: The Affiliati Network, LLC, Preferred Stock 2.1 | ||||||
Schedule of Investments [Line Items] | ||||||
Amount of Realized Gain/(Loss) | 0 | |||||
Amount of Unrealized Gain/(Loss) | 0 | |||||
Amount of Interest, Fees or Dividends Credited to Income | 0 | |||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 0 | |||||
Gross Additions | 172 | |||||
Gross Reductions | 0 | |||||
Ending balance | $ 172 | $ 0 | ||||
Investment, Identifier [Axis]: The Affiliati Network, LLC, Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 13% | 13% | ||||
Amount of Realized Gain/(Loss) | $ 0 | $ 0 | ||||
Amount of Unrealized Gain/(Loss) | 0 | 0 | ||||
Amount of Interest, Fees or Dividends Credited to Income | 30 | 32 | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 106 | 262 | ||||
Gross Additions | 2,764 | 3,764 | ||||
Gross Reductions | 2,720 | 3,920 | ||||
Ending balance | $ 150 | $ 106 | 262 | |||
Investment, Identifier [Axis]: The Affiliati Network, LLC, Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 13% | 13% | ||||
Amount of Realized Gain/(Loss) | $ 0 | $ 0 | ||||
Amount of Unrealized Gain/(Loss) | (129) | 0 | ||||
Amount of Interest, Fees or Dividends Credited to Income | 1,176 | 1,520 | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 9,442 | 12,834 | ||||
Gross Additions | 34 | 48 | ||||
Gross Reductions | 2,129 | 3,440 | ||||
Ending balance | 7,347 | 9,442 | 12,834 | |||
Investment, Identifier [Axis]: Trantech Radiator Topco, LLC, Common Stock | ||||||
Schedule of Investments [Line Items] | ||||||
Amount of Realized Gain/(Loss) | 0 | 0 | ||||
Amount of Unrealized Gain/(Loss) | 4,940 | (860) | ||||
Amount of Interest, Fees or Dividends Credited to Income | 116 | 116 | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 7,800 | [18] | 8,660 | |||
Gross Additions | 4,940 | 0 | ||||
Gross Reductions | 0 | 860 | ||||
Ending balance | $ 12,740 | [19] | 7,800 | [18] | 8,660 | |
Investment, Identifier [Axis]: Trantech Radiator Topco, LLC, Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 12% | |||||
Amount of Realized Gain/(Loss) | $ 0 | |||||
Amount of Unrealized Gain/(Loss) | (18) | |||||
Amount of Interest, Fees or Dividends Credited to Income | 982 | |||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 7,920 | |||||
Gross Additions | 18 | |||||
Gross Reductions | 18 | |||||
Ending balance | $ 7,920 | 7,920 | ||||
Investment, Identifier [Axis]: Trantech Radiator Topco, LLC, Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 8% | |||||
Amount of Realized Gain/(Loss) | $ 0 | 0 | ||||
Amount of Unrealized Gain/(Loss) | (3) | 5 | ||||
Amount of Interest, Fees or Dividends Credited to Income | 7 | 7 | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 0 | [16] | (8) | |||
Gross Additions | 3 | 8 | ||||
Gross Reductions | 3 | 0 | ||||
Ending balance | $ 0 | [12] | $ 0 | [16] | (8) | |
Investment, Identifier [Axis]: Trantech Radiator Topco, LLC, Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 12% | 12% | ||||
Amount of Realized Gain/(Loss) | $ 0 | |||||
Amount of Unrealized Gain/(Loss) | (23) | |||||
Amount of Interest, Fees or Dividends Credited to Income | 1,044 | |||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | $ 7,920 | 8,720 | ||||
Gross Additions | 23 | |||||
Gross Reductions | 823 | |||||
Ending balance | 7,920 | $ 7,920 | 8,720 | |||
Investment, Identifier [Axis]: U.S. TelePacific Corp., Secured Debt | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [7],[14],[17] | 11.57% | ||||
Spread | [7],[14],[17] | 1.25% | ||||
PIK Rate | [7],[14],[17] | 7.25% | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [7],[14],[17] | $ 6,859 | ||||
Ending balance | [7],[14],[17] | $ 6,859 | ||||
Investment, Identifier [Axis]: U.S. TelePacific Corp., Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [8],[13],[21] | 12.53% | ||||
Spread | [8],[13],[21] | 7.15% | ||||
PIK Rate | [8],[13],[21] | 6% | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Ending balance | [8],[13],[21] | $ 3,333 | ||||
Investment, Identifier [Axis]: U.S. TelePacific Corp., Secured Debt 2 | ||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Ending balance | [8],[21] | 0 | ||||
Investment, Identifier [Axis]: USA DeBusk LLC, Secured Debt | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [15],[17] | 9.82% | ||||
Spread | [15],[17] | 5.75% | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [15],[17] | $ 33,577 | ||||
Ending balance | [15],[17] | $ 33,577 | ||||
Investment, Identifier [Axis]: USA DeBusk LLC, Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [11],[13] | 11.46% | ||||
Spread | [11],[13] | 6% | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Ending balance | [11],[13] | $ 23,101 | ||||
Investment, Identifier [Axis]: USA DeBusk LLC, Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [11],[13] | 11.96% | ||||
Spread | [11],[13] | 6.50% | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Ending balance | [11],[13] | $ 9,017 | ||||
Investment, Identifier [Axis]: USA DeBusk LLC, Secured Debt 3 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [11],[13] | 11.96% | ||||
Spread | [11],[13] | 6.50% | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Ending balance | [11],[13] | $ 4,689 | ||||
Investment, Identifier [Axis]: UniTek Global Services, Inc. Secured Convertible Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 15% | |||||
PIK Rate | 15% | |||||
Amount of Realized Gain/(Loss) | $ 0 | |||||
Amount of Unrealized Gain/(Loss) | (13) | |||||
Amount of Interest, Fees or Dividends Credited to Income | 312 | |||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 4,592 | |||||
Gross Additions | 0 | |||||
Gross Reductions | 703 | |||||
Ending balance | $ 3,889 | 4,592 | ||||
Investment, Identifier [Axis]: UniTek Global Services, Inc. Secured Convertible Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 15% | |||||
PIK Rate | 15% | |||||
Amount of Realized Gain/(Loss) | $ (223) | |||||
Amount of Unrealized Gain/(Loss) | 1,067 | |||||
Amount of Interest, Fees or Dividends Credited to Income | 66 | |||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 0 | |||||
Gross Additions | 2,131 | |||||
Gross Reductions | 223 | |||||
Ending balance | 1,908 | 0 | ||||
Investment, Identifier [Axis]: UniTek Global Services, Inc., Common Stock | ||||||
Schedule of Investments [Line Items] | ||||||
Amount of Realized Gain/(Loss) | 0 | 0 | ||||
Amount of Unrealized Gain/(Loss) | 0 | 0 | ||||
Amount of Interest, Fees or Dividends Credited to Income | 0 | 0 | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 0 | [7] | 0 | |||
Gross Additions | 0 | 0 | ||||
Gross Reductions | 0 | 0 | ||||
Ending balance | $ 0 | [8] | $ 0 | [7] | 0 | |
Investment, Identifier [Axis]: UniTek Global Services, Inc., Preferred Stock 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 20% | [8],[19] | 20% | [7],[18] | ||
PIK Rate | 20% | [8],[19] | 20% | [7],[18] | ||
Amount of Realized Gain/(Loss) | $ 0 | $ 0 | ||||
Amount of Unrealized Gain/(Loss) | (468) | (384) | ||||
Amount of Interest, Fees or Dividends Credited to Income | 468 | 384 | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 2,833 | [7],[18] | 2,832 | |||
Gross Additions | 468 | 385 | ||||
Gross Reductions | 468 | 384 | ||||
Ending balance | $ 2,833 | [8],[19] | $ 2,833 | [7],[18] | 2,832 | |
Investment, Identifier [Axis]: UniTek Global Services, Inc., Preferred Stock 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 20% | [8] | 20% | [7] | ||
PIK Rate | 20% | [8] | 20% | [7] | ||
Amount of Realized Gain/(Loss) | $ 0 | $ 0 | ||||
Amount of Unrealized Gain/(Loss) | 1,707 | 493 | ||||
Amount of Interest, Fees or Dividends Credited to Income | 0 | 0 | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 1,991 | [7] | 1,498 | |||
Gross Additions | 1,707 | 493 | ||||
Gross Reductions | 0 | 0 | ||||
Ending balance | $ 3,698 | [8] | $ 1,991 | [7] | 1,498 | |
Investment, Identifier [Axis]: UniTek Global Services, Inc., Preferred Stock 3 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 19% | [8] | 19% | [7] | ||
PIK Rate | 19% | [8] | 19% | [7] | ||
Amount of Realized Gain/(Loss) | $ 0 | $ 0 | ||||
Amount of Unrealized Gain/(Loss) | 0 | 0 | ||||
Amount of Interest, Fees or Dividends Credited to Income | 0 | 0 | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 0 | [7] | 0 | |||
Gross Additions | 0 | 0 | ||||
Gross Reductions | 0 | 0 | ||||
Ending balance | $ 0 | [8] | $ 0 | [7] | 0 | |
Investment, Identifier [Axis]: UniTek Global Services, Inc., Preferred Stock 4 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 13.50% | [8] | 13.50% | [7] | ||
PIK Rate | 13.50% | [8] | 13.50% | [7] | ||
Amount of Realized Gain/(Loss) | $ 0 | $ 0 | ||||
Amount of Unrealized Gain/(Loss) | 0 | 0 | ||||
Amount of Interest, Fees or Dividends Credited to Income | 0 | 0 | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 0 | [7] | 0 | |||
Gross Additions | 0 | 0 | ||||
Gross Reductions | 0 | 0 | ||||
Ending balance | 0 | [8] | $ 0 | [7] | 0 | |
Investment, Identifier [Axis]: UniTek Global Services, Inc., Secured Convertible Debt | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [7] | 15% | ||||
PIK Rate | [7] | 15% | ||||
Amount of Realized Gain/(Loss) | $ 0 | |||||
Amount of Unrealized Gain/(Loss) | 1,011 | |||||
Amount of Interest, Fees or Dividends Credited to Income | 269 | |||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | $ 4,592 | [7] | 2,375 | |||
Gross Additions | 2,217 | |||||
Gross Reductions | 0 | |||||
Ending balance | $ 4,592 | [7] | 2,375 | |||
Investment, Identifier [Axis]: UniTek Global Services, Inc., Secured Convertible Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [8] | 15% | ||||
PIK Rate | [8] | 15% | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Ending balance | [8] | $ 3,889 | ||||
Investment, Identifier [Axis]: UniTek Global Services, Inc., Secured Convertible Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [8] | 15% | ||||
PIK Rate | [8] | 15% | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Ending balance | [8] | $ 1,908 | ||||
Investment, Identifier [Axis]: UniTek Global Services, Inc., Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [7],[14],[17] | 10.76% | ||||
Spread | 7.50% | 5.50% | [7],[14],[17] | |||
PIK Rate | [7],[14],[17] | 2% | ||||
Amount of Realized Gain/(Loss) | $ 0 | $ 0 | ||||
Amount of Unrealized Gain/(Loss) | 22 | 3 | ||||
Amount of Interest, Fees or Dividends Credited to Income | 0 | 40 | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 382 | [7],[14],[17] | 371 | |||
Gross Additions | 25 | 11 | ||||
Gross Reductions | 407 | 0 | ||||
Ending balance | $ 0 | $ 382 | [7],[14],[17] | 371 | ||
Investment, Identifier [Axis]: UniTek Global Services, Inc., Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [7],[14],[17] | 10.76% | ||||
Spread | 7.50% | 5.50% | [7],[14],[17] | |||
PIK Rate | [7],[14],[17] | 2% | ||||
Amount of Realized Gain/(Loss) | $ 0 | $ 0 | ||||
Amount of Unrealized Gain/(Loss) | 96 | 26 | ||||
Amount of Interest, Fees or Dividends Credited to Income | 275 | 201 | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 1,712 | [7],[14],[17] | 1,852 | |||
Gross Additions | 112 | 72 | ||||
Gross Reductions | 1,824 | 212 | ||||
Ending balance | 0 | 1,712 | [7],[14],[17] | 1,852 | ||
Investment, Identifier [Axis]: UnionRock Energy Fund II, LP, LP Interests | ||||||
Schedule of Investments [Line Items] | ||||||
Amount of Realized Gain/(Loss) | 0 | |||||
Amount of Unrealized Gain/(Loss) | (174) | |||||
Amount of Interest, Fees or Dividends Credited to Income | 596 | |||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 5,855 | [18],[34],[35],[36] | 6,123 | |||
Gross Additions | 2,491 | |||||
Gross Reductions | 2,759 | |||||
Ending balance | 5,694 | [32],[37],[38] | 5,855 | [18],[34],[35],[36] | 6,123 | |
Investment, Identifier [Axis]: UnionRock Energy Fund II, LP, LP Interests | ||||||
Schedule of Investments [Line Items] | ||||||
Amount of Realized Gain/(Loss) | 0 | |||||
Amount of Unrealized Gain/(Loss) | (146) | |||||
Amount of Interest, Fees or Dividends Credited to Income | 53 | |||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 5,855 | |||||
Gross Additions | 531 | |||||
Gross Reductions | 692 | |||||
Ending balance | 5,694 | 5,855 | ||||
Investment, Identifier [Axis]: UnionRock Energy Fund III, LP, LP Interests | ||||||
Schedule of Investments [Line Items] | ||||||
Amount of Realized Gain/(Loss) | 0 | |||||
Amount of Unrealized Gain/(Loss) | 345 | |||||
Amount of Interest, Fees or Dividends Credited to Income | 0 | |||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 0 | |||||
Gross Additions | 2,838 | |||||
Gross Reductions | 0 | |||||
Ending balance | 2,838 | [32],[37],[38] | 0 | |||
Investment, Identifier [Axis]: Universal Wellhead Services Holdings, LLC, Member Units | ||||||
Schedule of Investments [Line Items] | ||||||
Amount of Realized Gain/(Loss) | 0 | 0 | ||||
Amount of Unrealized Gain/(Loss) | 0 | 0 | ||||
Amount of Interest, Fees or Dividends Credited to Income | 0 | 0 | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 0 | [15],[28] | 0 | |||
Gross Additions | 0 | 0 | ||||
Gross Reductions | 0 | 0 | ||||
Ending balance | $ 0 | [11],[29] | 0 | [15],[28] | 0 | |
Investment, Identifier [Axis]: Universal Wellhead Services Holdings, LLC, Preferred Memeber Units | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 14% | |||||
PIK Rate | 14% | |||||
Amount of Realized Gain/(Loss) | $ 0 | |||||
Amount of Unrealized Gain/(Loss) | (70) | |||||
Amount of Interest, Fees or Dividends Credited to Income | 0 | |||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 220 | |||||
Gross Additions | 0 | |||||
Gross Reductions | 70 | |||||
Ending balance | $ 150 | $ 220 | ||||
Investment, Identifier [Axis]: Universal Wellhead Services Holdings, LLC, Preferred Member Units | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 14% | [11],[29] | 14% | [15],[28] | ||
PIK Rate | 14% | [11],[29] | 14% | [15],[28] | ||
Amount of Realized Gain/(Loss) | $ 0 | |||||
Amount of Unrealized Gain/(Loss) | 220 | |||||
Amount of Interest, Fees or Dividends Credited to Income | 0 | |||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | $ 220 | [15],[28] | 0 | |||
Gross Additions | 220 | |||||
Gross Reductions | 0 | |||||
Ending balance | $ 150 | [11],[29] | 220 | [15],[28] | 0 | |
Investment, Identifier [Axis]: UserZoom Technologies, Inc., Secured Debt | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [11],[13] | 12.99% | ||||
Spread | [11],[13] | 7.50% | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Ending balance | [11],[13] | $ 4,000 | ||||
Investment, Identifier [Axis]: VORTEQ Coil Finishers, LLC, Common Equity | ||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [15],[18] | 3,930 | ||||
Ending balance | 2,570 | [11],[19] | 3,930 | [15],[18] | ||
Investment, Identifier [Axis]: VVS Holdco LLC, Preferred Equity | ||||||
Schedule of Investments [Line Items] | ||||||
Amount of Realized Gain/(Loss) | 0 | 0 | ||||
Amount of Unrealized Gain/(Loss) | (100) | 100 | ||||
Amount of Interest, Fees or Dividends Credited to Income | 215 | 518 | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 11,940 | [18],[28] | 11,840 | |||
Gross Additions | 400 | 100 | ||||
Gross Reductions | 100 | 0 | ||||
Ending balance | $ 12,240 | [19],[29] | $ 11,940 | [18],[28] | 11,840 | |
Investment, Identifier [Axis]: VVS Holdco LLC, Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Spread | 6% | [12],[13],[25] | 6% | [16],[17],[28] | ||
Amount of Realized Gain/(Loss) | $ 0 | $ 0 | ||||
Amount of Unrealized Gain/(Loss) | 0 | 0 | ||||
Amount of Interest, Fees or Dividends Credited to Income | 39 | 55 | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | (21) | [16],[17],[28] | 1,169 | |||
Gross Additions | 21 | 811 | ||||
Gross Reductions | 0 | 2,001 | ||||
Ending balance | $ 0 | [12],[13],[25] | $ (21) | [16],[17],[28] | 1,169 | |
Investment, Identifier [Axis]: VVS Holdco LLC, Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 11.50% | 11.50% | [28] | |||
Amount of Realized Gain/(Loss) | $ 0 | $ 0 | ||||
Amount of Unrealized Gain/(Loss) | 0 | 0 | ||||
Amount of Interest, Fees or Dividends Credited to Income | 3,468 | 3,606 | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 30,161 | [28] | 30,100 | |||
Gross Additions | 74 | 61 | ||||
Gross Reductions | 2,200 | 0 | ||||
Ending balance | $ 28,035 | $ 30,161 | [28] | 30,100 | ||
Investment, Identifier [Axis]: Veregy Consolidated, Inc., Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Spread | 5.25% | [8],[12],[13] | 5.25% | [7],[16],[17] | ||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [7],[16],[17] | $ (630) | ||||
Ending balance | $ (408) | [8],[12],[13] | $ (630) | [7],[16],[17] | ||
Investment, Identifier [Axis]: Veregy Consolidated, Inc., Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 11.64% | [8],[13] | 10.41% | [7],[17] | ||
Spread | 6% | [8],[13] | 6% | [7],[17] | ||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [7],[17] | $ 15,479 | ||||
Ending balance | 15,775 | [8],[13] | $ 15,479 | [7],[17] | ||
Investment, Identifier [Axis]: Vida Capital, Inc, Secured Debt | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [7] | 10.38% | ||||
Spread | [7] | 6% | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [7] | 12,049 | ||||
Ending balance | [7] | $ 12,049 | ||||
Investment, Identifier [Axis]: Vision Interests, Inc., Series A Preferred Stock | ||||||
Schedule of Investments [Line Items] | ||||||
Amount of Realized Gain/(Loss) | 0 | 0 | ||||
Amount of Unrealized Gain/(Loss) | 0 | 0 | ||||
Amount of Interest, Fees or Dividends Credited to Income | 168 | 144 | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 3,000 | [18] | 3,000 | |||
Gross Additions | 0 | 0 | ||||
Gross Reductions | 0 | 0 | ||||
Ending balance | 3,000 | [19] | 3,000 | [18] | 3,000 | |
Investment, Identifier [Axis]: Vistar Media, Inc., Preferred Stock | ||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [15] | 2,250 | ||||
Ending balance | $ 2,180 | [11] | 2,250 | [15] | ||
Investment, Identifier [Axis]: Vitesse Systems, Secured Debt | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [11],[13] | 12.63% | ||||
Spread | [11],[13] | 7% | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Ending balance | [11],[13] | $ 41,455 | ||||
Investment, Identifier [Axis]: Volusion, LLC, Common Stock | ||||||
Schedule of Investments [Line Items] | ||||||
Amount of Realized Gain/(Loss) | 0 | |||||
Amount of Unrealized Gain/(Loss) | (2,576) | |||||
Amount of Interest, Fees or Dividends Credited to Income | 0 | |||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 0 | |||||
Gross Additions | 2,576 | |||||
Gross Reductions | 2,576 | |||||
Ending balance | 0 | 0 | ||||
Investment, Identifier [Axis]: Volusion, LLC, Preferred Member Units | ||||||
Schedule of Investments [Line Items] | ||||||
Amount of Realized Gain/(Loss) | 0 | |||||
Amount of Unrealized Gain/(Loss) | (5,990) | |||||
Amount of Interest, Fees or Dividends Credited to Income | 3 | |||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 0 | 5,990 | ||||
Gross Additions | 0 | |||||
Gross Reductions | 5,990 | |||||
Ending balance | 0 | 5,990 | ||||
Investment, Identifier [Axis]: Volusion, LLC, Preferred Member Units 1 | ||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Ending balance | 7,250 | |||||
Investment, Identifier [Axis]: Volusion, LLC, Preferred Member Units 1.1 | ||||||
Schedule of Investments [Line Items] | ||||||
Amount of Realized Gain/(Loss) | 0 | |||||
Amount of Unrealized Gain/(Loss) | 0 | |||||
Amount of Interest, Fees or Dividends Credited to Income | 2 | |||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 0 | |||||
Gross Additions | 0 | |||||
Gross Reductions | 0 | |||||
Ending balance | 0 | 0 | ||||
Investment, Identifier [Axis]: Volusion, LLC, Preferred Member Units 2 | ||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Ending balance | 0 | |||||
Investment, Identifier [Axis]: Volusion, LLC, Preferred Member Units 2.1 | ||||||
Schedule of Investments [Line Items] | ||||||
Amount of Realized Gain/(Loss) | 0 | |||||
Amount of Unrealized Gain/(Loss) | (1,396) | |||||
Amount of Interest, Fees or Dividends Credited to Income | 0 | |||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 0 | |||||
Gross Additions | 11,446 | |||||
Gross Reductions | 4,196 | |||||
Ending balance | 7,250 | 0 | ||||
Investment, Identifier [Axis]: Volusion, LLC, Preferred Member Units 3 | ||||||
Schedule of Investments [Line Items] | ||||||
Amount of Realized Gain/(Loss) | 0 | |||||
Amount of Unrealized Gain/(Loss) | 0 | |||||
Amount of Interest, Fees or Dividends Credited to Income | 0 | |||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 0 | |||||
Gross Additions | 0 | |||||
Gross Reductions | 0 | |||||
Ending balance | $ 0 | $ 0 | ||||
Investment, Identifier [Axis]: Volusion, LLC, Secured Debt | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 10% | 11.50% | [27] | |||
Amount of Realized Gain/(Loss) | $ 0 | |||||
Amount of Unrealized Gain/(Loss) | (1,821) | |||||
Amount of Interest, Fees or Dividends Credited to Income | 1,982 | |||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | $ 14,914 | [27] | 17,434 | |||
Gross Additions | 0 | |||||
Gross Reductions | 2,520 | |||||
Ending balance | $ 2,100 | 14,914 | [27] | 17,434 | ||
Investment, Identifier [Axis]: Volusion, LLC, Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 10% | |||||
Amount of Realized Gain/(Loss) | $ 0 | |||||
Amount of Unrealized Gain/(Loss) | 0 | |||||
Amount of Interest, Fees or Dividends Credited to Income | 161 | |||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 0 | |||||
Gross Additions | 2,100 | |||||
Gross Reductions | 0 | |||||
Ending balance | $ 2,100 | 0 | ||||
Investment, Identifier [Axis]: Volusion, LLC, Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 11.50% | |||||
Amount of Realized Gain/(Loss) | $ (3,188) | |||||
Amount of Unrealized Gain/(Loss) | 1,821 | |||||
Amount of Interest, Fees or Dividends Credited to Income | 166 | |||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 14,914 | |||||
Gross Additions | 0 | |||||
Gross Reductions | 14,914 | |||||
Ending balance | $ 0 | $ 14,914 | ||||
Investment, Identifier [Axis]: Volusion, LLC, Unsecured Convertible Debt | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 8% | 8% | ||||
Amount of Realized Gain/(Loss) | $ (409) | $ (143) | ||||
Amount of Unrealized Gain/(Loss) | 409 | (409) | ||||
Amount of Interest, Fees or Dividends Credited to Income | 0 | 33 | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 0 | 409 | ||||
Gross Additions | 409 | 0 | ||||
Gross Reductions | 409 | 409 | ||||
Ending balance | 0 | 0 | 409 | |||
Investment, Identifier [Axis]: Volusion, LLC, Warrants | ||||||
Schedule of Investments [Line Items] | ||||||
Amount of Realized Gain/(Loss) | 0 | 0 | ||||
Amount of Unrealized Gain/(Loss) | 2,576 | 0 | ||||
Amount of Interest, Fees or Dividends Credited to Income | 0 | 0 | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 0 | [9] | 0 | |||
Gross Additions | 0 | 0 | ||||
Gross Reductions | 0 | 0 | ||||
Ending balance | 0 | $ 0 | [9] | 0 | ||
Investment, Identifier [Axis]: Wahoo Fitness Acquisition L.L.C., Secured Debt | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [7],[14],[17] | 10.64% | ||||
Spread | [7],[14],[17] | 5.75% | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [7],[14],[17] | 8,409 | ||||
Ending balance | [7],[14],[17] | $ 8,409 | ||||
Investment, Identifier [Axis]: Wall Street Prep, Inc., Common Stock | ||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [15] | 420 | ||||
Ending balance | $ 731 | [11] | $ 420 | [15] | ||
Investment, Identifier [Axis]: Wall Street Prep, Inc., Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Spread | 7% | [11],[12],[13] | 7% | [15],[16],[17] | ||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [15],[16],[17] | $ (6) | ||||
Ending balance | $ (4) | [11],[12],[13] | $ (6) | [15],[16],[17] | ||
Investment, Identifier [Axis]: Wall Street Prep, Inc., Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 12.54% | [11],[13] | 10.74% | [15],[17] | ||
Spread | 7% | [11],[13] | 7% | [15],[17] | ||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [15],[17] | $ 4,146 | ||||
Ending balance | $ 3,723 | [11],[13] | $ 4,146 | [15],[17] | ||
Investment, Identifier [Axis]: Watterson Brands, LLC, Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 11.50% | [11],[13],[61] | 10.73% | [15],[17] | ||
Spread | 6% | [11],[13],[61] | 6% | [15],[17] | ||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [15],[17] | $ 370 | ||||
Ending balance | $ 1,853 | [11],[13],[61] | $ 370 | [15],[17] | ||
Investment, Identifier [Axis]: Watterson Brands, LLC, Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 11.50% | [11],[13] | 10.73% | [15],[17] | ||
Spread | 6% | [11],[13] | 6% | [15],[17] | ||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [15],[17] | $ 391 | ||||
Ending balance | $ 386 | [11],[13] | $ 391 | [15],[17] | ||
Investment, Identifier [Axis]: Watterson Brands, LLC, Secured Debt 3 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 11.50% | [11],[13] | 10.73% | [15],[17] | ||
Spread | 6% | [11],[13] | 6% | [15],[17] | ||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [15],[17] | $ 28,947 | ||||
Ending balance | $ 15,886 | [11],[13] | $ 28,947 | [15],[17] | ||
Investment, Identifier [Axis]: Watterson Brands, LLC, Secured Debt 4 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [11],[13] | 11.50% | ||||
Spread | [11],[13] | 6% | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Ending balance | [11],[13] | $ 12,707 | ||||
Investment, Identifier [Axis]: West Star Aviation Acquisition, LLC, Common Stock | ||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [15] | 1,950 | ||||
Ending balance | $ 2,990 | [11],[13] | $ 1,950 | [15] | ||
Investment, Identifier [Axis]: West Star Aviation Acquisition, LLC, Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [11],[13],[78] | 11.34% | ||||
Spread | 6% | [11],[13],[78] | 6% | [14],[15],[16],[17] | ||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [14],[15],[16],[17] | $ (20) | ||||
Ending balance | $ 2,405 | [11],[13],[78] | $ (20) | [14],[15],[16],[17] | ||
Investment, Identifier [Axis]: West Star Aviation Acquisition, LLC, Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 11.35% | [11],[13] | 8.59% | [14],[15],[17] | ||
Spread | 6% | [11],[13] | 6% | [14],[15],[17] | ||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [14],[15],[17] | $ 10,685 | ||||
Ending balance | $ 10,658 | [11],[13] | $ 10,685 | [14],[15],[17] | ||
Investment, Identifier [Axis]: West Star Aviation Acquisition, LLC, Secured Debt 3 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [11],[13] | 11.35% | ||||
Spread | [11],[13] | 6% | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Ending balance | [11],[13] | $ 5,303 | ||||
Investment, Identifier [Axis]: Winter Services LLC, Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [11],[13],[79] | 12.64% | ||||
Spread | 7% | [11],[13],[79] | 7% | [15],[16],[17] | ||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [15],[16],[17] | $ 0 | ||||
Ending balance | $ 2,222 | [11],[13],[79] | $ 0 | [15],[16],[17] | ||
Investment, Identifier [Axis]: Winter Services LLC, Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | [11],[13] | 12.66% | ||||
Spread | 7% | [11],[13] | 7% | [15],[16],[17] | ||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [15],[16],[17] | $ (17) | ||||
Ending balance | $ 2,067 | [11],[13] | $ (17) | [15],[16],[17] | ||
Investment, Identifier [Axis]: Winter Services LLC, Secured Debt 3 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 12.66% | [11],[13] | 10.74% | [15],[17] | ||
Spread | 7% | [11],[13] | 7% | [15],[17] | ||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [15],[17] | $ 9,992 | ||||
Ending balance | 9,300 | [11],[13] | $ 9,992 | [15],[17] | ||
Investment, Identifier [Axis]: World Micro Holdings, LLC, Preferred Equity | ||||||
Schedule of Investments [Line Items] | ||||||
Amount of Realized Gain/(Loss) | 0 | 0 | ||||
Amount of Unrealized Gain/(Loss) | 0 | 0 | ||||
Amount of Interest, Fees or Dividends Credited to Income | 226 | 0 | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 3,845 | 0 | ||||
Gross Additions | 0 | 3,845 | ||||
Gross Reductions | 0 | 0 | ||||
Ending balance | $ 3,845 | [19] | $ 3,845 | 0 | ||
Investment, Identifier [Axis]: World Micro Holdings, LLC, Secured Debt | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 13% | 13% | ||||
Amount of Realized Gain/(Loss) | $ 0 | $ 0 | ||||
Amount of Unrealized Gain/(Loss) | 0 | 0 | ||||
Amount of Interest, Fees or Dividends Credited to Income | 1,895 | 248 | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 14,140 | 0 | ||||
Gross Additions | 45 | 14,140 | ||||
Gross Reductions | 2,157 | 0 | ||||
Ending balance | $ 12,028 | $ 14,140 | 0 | |||
Investment, Identifier [Axis]: Xenon Arc, Inc., Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Spread | 5.25% | [11],[12],[13] | 5.25% | [15],[16] | ||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [15],[16] | $ (218) | ||||
Ending balance | $ 0 | [11],[12],[13] | $ (218) | [15],[16] | ||
Investment, Identifier [Axis]: Xenon Arc, Inc., Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 11.22% | [11],[13] | 10.84% | [15] | ||
Spread | 5.75% | [11],[13] | 5.25% | [15] | ||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [15] | $ 24,135 | ||||
Ending balance | $ 24,057 | [11],[13] | $ 24,135 | [15] | ||
Investment, Identifier [Axis]: Xenon Arc, Inc., Secured Debt 3 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 11.25% | [11],[13] | 8.63% | [15] | ||
Spread | 5.75% | [11],[13] | 5.25% | [15] | ||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [15] | $ 38,051 | ||||
Ending balance | $ 37,828 | [11],[13] | $ 38,051 | [15] | ||
Investment, Identifier [Axis]: YS Garments, LLC, Secured Debt | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 13% | [8],[13] | 9.51% | [7],[17] | ||
Spread | 7.50% | [8],[13] | 5.50% | [7],[17] | ||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [7],[17] | $ 12,127 | ||||
Ending balance | 10,220 | [8],[13] | $ 12,127 | [7],[17] | ||
Investment, Identifier [Axis]: Ziegler’s NYPD, LLC, Preferred Member Units | ||||||
Schedule of Investments [Line Items] | ||||||
Amount of Realized Gain/(Loss) | 0 | 0 | ||||
Amount of Unrealized Gain/(Loss) | (240) | (1,890) | ||||
Amount of Interest, Fees or Dividends Credited to Income | 0 | 0 | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 240 | 2,130 | ||||
Gross Additions | 0 | 0 | ||||
Gross Reductions | 240 | 1,890 | ||||
Ending balance | $ 0 | 240 | 2,130 | |||
Investment, Identifier [Axis]: Ziegler’s NYPD, LLC, Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 6.50% | |||||
Amount of Realized Gain/(Loss) | $ 0 | |||||
Amount of Unrealized Gain/(Loss) | 0 | |||||
Amount of Interest, Fees or Dividends Credited to Income | 66 | |||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 945 | |||||
Gross Additions | 0 | |||||
Gross Reductions | 0 | |||||
Ending balance | $ 945 | $ 945 | ||||
Investment, Identifier [Axis]: Ziegler’s NYPD, LLC, Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 12% | 12% | ||||
Amount of Realized Gain/(Loss) | $ 0 | $ 0 | ||||
Amount of Unrealized Gain/(Loss) | 0 | 0 | ||||
Amount of Interest, Fees or Dividends Credited to Income | 55 | 71 | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 450 | 625 | ||||
Gross Additions | 0 | 0 | ||||
Gross Reductions | 0 | 175 | ||||
Ending balance | $ 450 | $ 450 | 625 | |||
Investment, Identifier [Axis]: Ziegler’s NYPD, LLC, Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 6.50% | 6.50% | ||||
Amount of Realized Gain/(Loss) | $ 0 | |||||
Amount of Unrealized Gain/(Loss) | (55) | |||||
Amount of Interest, Fees or Dividends Credited to Income | 66 | |||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | $ 945 | 1,000 | ||||
Gross Additions | 0 | |||||
Gross Reductions | 55 | |||||
Ending balance | $ 945 | $ 945 | 1,000 | |||
Investment, Identifier [Axis]: Ziegler’s NYPD, LLC, Secured Debt 3 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 14% | 14% | ||||
Amount of Realized Gain/(Loss) | $ 0 | $ 0 | ||||
Amount of Unrealized Gain/(Loss) | (596) | (74) | ||||
Amount of Interest, Fees or Dividends Credited to Income | 390 | 390 | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 2,676 | 2,750 | ||||
Gross Additions | 0 | 0 | ||||
Gross Reductions | 596 | 74 | ||||
Ending balance | 2,080 | 2,676 | 2,750 | |||
Investment, Identifier [Axis]: Ziegler’s NYPD, LLC, Warrants | ||||||
Schedule of Investments [Line Items] | ||||||
Amount of Realized Gain/(Loss) | 0 | 0 | ||||
Amount of Unrealized Gain/(Loss) | 0 | 0 | ||||
Amount of Interest, Fees or Dividends Credited to Income | 0 | 0 | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | 0 | [9] | 0 | |||
Gross Additions | 0 | 0 | ||||
Gross Reductions | 0 | 0 | ||||
Ending balance | $ 0 | [10] | $ 0 | [9] | $ 0 | |
Investment, Identifier [Axis]: Zips Car Wash, LLC, Secured Debt 1 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 12.71% | [11],[13],[80] | 11.67% | [14],[15],[17] | ||
Spread | 7.25% | [11],[13],[80] | 7.25% | [14],[15],[17] | ||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [14],[15],[17] | $ 17,512 | ||||
Ending balance | $ 16,380 | [11],[13],[80] | $ 17,512 | [14],[15],[17] | ||
Investment, Identifier [Axis]: Zips Car Wash, LLC, Secured Debt 2 | ||||||
Schedule of Investments [Line Items] | ||||||
Total Rate | 12.71% | [11],[13],[80] | 11.67% | [14],[15],[17],[76] | ||
Spread | 7.25% | [11],[13],[80] | 7.25% | [14],[15],[17],[76] | ||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | ||||||
Beginning balance | [14],[15],[17],[76] | $ 4,379 | ||||
Ending balance | $ 4,067 | [11],[13],[80] | $ 4,379 | [14],[15],[17],[76] | ||
[1] Investment fair value was determined using significant unobservable inputs, unless otherwise noted. See Note C — Fair Value Hierarchy for Investments — Portfolio Composition for further discussion. Negative fair value is the result of the capitalized discount on the loan or the unfunded commitment being valued below par. Investment fair value was determined using significant unobservable inputs, unless otherwise noted. See Note C — Fair Value Hierarchy for Investments — Portfolio Composition for further discussion. Negative fair value is the result of the capitalized discount on the loan or the unfunded commitment being valued below par. Control investments are defined by the 1940 Act as investments in which more than 25% of the voting securities are owned or where the ability to nominate greater than 50% of the board representation is maintained. Control investments are defined by the 1940 Act as investments in which more than 25% of the voting securities are owned or where the ability to nominate greater than 50% of the board representation is maintained. Affiliate investments are defined by the 1940 Act as investments in which between 5% and 25% (inclusive) of the voting securities are owned and the investments are not classified as Control investments. Affiliate investments are defined by the 1940 Act as investments in which between 5% and 25% (inclusive) of the voting securities are owned and the investments are not classified as Control investments. Middle Market portfolio investment. See Note C — Fair Value Hierarchy for Investments — Portfolio Composition for a description of Middle Market portfolio investments. Middle Market portfolio investment. See Note C — Fair Value Hierarchy for Investments — Portfolio Composition for a description of Middle Market portfolio investments. Warrants are presented in equivalent shares/units with a strike price of $0.01 per share/unit. Warrants are presented in equivalent shares/units with a strike price of $0.01 per share/unit. Private Loan portfolio investment. See Note C — Fair Value Hierarchy for Investments — Portfolio Composition for a description of Private Loan portfolio investments. The position is unfunded and no interest income is being earned as of December 31, 2023. The position may earn a nominal unused facility fee on committed amounts. Index based floating interest rate is subject to contractual minimum interest rate. As noted in this schedule, 96% of these floating rate loans (based on the par amount) contain LIBOR or Term SOFR (“SOFR”) floors which range between 0.50% and 2.00%, with a weighted-average floor of 1.20%. A majority of the variable rate loans in the Company’s Investment Portfolio bear interest at a rate that may be determined by reference to either LIBOR (“L”), SOFR (“SF”) or an alternate Base rate (commonly based on the Federal Funds Rate or the Prime rate (“P”)), which typically resets every one, three, or six months at the borrower’s option. SOFR based contracts may include a credit spread adjustment (the “Adjustment”) that is charged in addition to the stated spread. The Adjustment is applied when the SOFR rate, plus the Adjustment, exceeds the stated floor rate, as applicable. As of December 31, 2022, SOFR based contracts in the portfolio had Adjustments ranging from 0.10% to 0.35%. Private Loan portfolio investment. See Note C — Fair Value Hierarchy for Investments — Portfolio Composition for a description of Private Loan portfolio investments. The position is unfunded and no interest income is being earned as of December 31, 2022. The position may earn a nominal unused facility fee on committed amounts. Index based floating interest rate is subject to contractual minimum interest rate. As noted in this schedule, 66% of these floating rate loans (based on the par amount) contain LIBOR or Term SOFR (“SOFR”) floors which range between 0.50% and 2.00%, with a weighted-average floor of 1.04%. Income producing through dividends or distributions. Income producing through dividends or distributions. Non-accrual and non-income producing debt investment. Non-accrual and non-income producing debt investment. Warrants are presented in equivalent shares/units with a strike price of $1.00 per share/unit. Index based floating interest rate is subject to contractual maximum base rate of 3.00%. Index based floating interest rate is subject to contractual maximum base rate of 2.50%. Maturity date is under on-going negotiations with the portfolio company and other lenders, if applicable. The Company has entered into an intercreditor agreement that entitles the Company to the “last out” tranche of the first lien secured loans, whereby the “first out” tranche will receive priority as to the “last out” tranche with respect to payments of principal, interest, and any other amounts due thereunder. Therefore, the Company receives a higher interest rate than the contractual stated interest rate of SOFR+6.00% (Floor 1.00%) per the credit agreement and the Consolidated Schedule of Investments above reflects such higher rate. Maturity date is under on-going negotiations with the portfolio company and other lenders, if applicable. Shares/Units represent ownership in a related Real Estate or HoldCo entity. Shares/Units represent ownership in a related Real Estate or HoldCo entity. The Company has entered into an intercreditor agreement that entitles the Company to the “last out” tranche of the first lien secured loans, whereby the “first out” tranche will receive priority as to the “last out” tranche with respect to payments of principal, interest, and any other amounts due thereunder. Therefore, the Company receives a higher interest rate than the contractual stated interest rate of SOFR plus 8.00% (Floor 1.50%) per the credit agreement and the Consolidated Schedule of Investments above reflects such higher rate. The Company has entered into an intercreditor agreement that entitles the Company to the “last out” tranche of the first lien secured loans, whereby the “first out” tranche will receive priority as to the “last out” tranche with respect to payments of principal, interest, and any other amounts due thereunder. Therefore, the Company receives a higher interest rate than the contractual stated interest rate of SOFR+8.00% (Floor 1.50%) per the credit agreement and the Consolidated Schedule of Investments above reflects such higher rate. Investment is not a qualifying asset as defined under Section 55(a) of the 1940 Act. Qualifying assets must represent at least 70% of total assets at the time of acquisition of any additional non-qualifying assets. Portfolio company headquarters are located outside of the United States. Investment is not a qualifying asset as defined under Section 55(a) of the 1940 Act. Qualifying assets must represent at least 70% of total assets at the time of acquisition of any additional non-qualifying assets. Investment is not unitized. Presentation is made in percent of fully diluted ownership unless otherwise indicated. Other Portfolio investment. See Note C — Fair Value Hierarchy for Investments — Portfolio Composition for a description of Other Portfolio investments. Investment is not unitized. Presentation is made in percent of fully diluted ownership unless otherwise indicated. Other Portfolio investment. See Note C — Fair Value Hierarchy for Investments — Portfolio Composition for a description of Other Portfolio investments. The security has an effective contractual interest rate of 2.00% PIK + LIBOR+6.50%, Floor 1.00%, but the issuer may, in its discretion, elect to pay the PIK interest in cash. The rate presented represents the effective current yield based on actual payments received during the period. As of December 31, 2023, borrowings under the loan facility bore interest at SOFR+7.00% (Floor 2.00%). RLOC facility permits the borrower to make an interest rate election regarding the base rate on each draw under the facility. The rate presented represents a weighted-average rate for borrowings under the facility, as of December 31, 2023. As of December 31, 2022, borrowings under the loan facility bore interest at SOFR+6.25% (Floor 1.00%). RLOC facility permits the borrower to make an interest rate election regarding the base rate on each draw under the facility. The rate presented represents a weighted-average rate for borrowings under the facility, as of December 31, 2022. As of December 31, 2022, borrowings under the loan facility bore interest at SOFR+6.25% (Floor 1.00%). Due to an amendment and subsequent funding during the quarter, the term loan facility has different floating rate reset dates. The rate presented represents a weighted-average rate for borrowings under the facility, as of December 31, 2022. As of December 31, 2023, borrowings under the loan facility bore interest at SOFR+8.00% (Floor 1.00%). RLOC facility permits the borrower to make an interest rate election regarding the base rate on each draw under the facility. The rate presented represents a weighted-average rate for borrowings under the facility, as of December 31, 2023. As of December 31, 2022, borrowings under the loan facility bore interest at LIBOR+8.00% (Floor 1.00%). RLOC facility permits the borrower to make an interest rate election regarding the base rate on each draw under the facility. The rate presented represents a weighted-average rate for borrowings under the facility, as of December 31, 2022. Effective yield as of December 31, 2023 was approximately 4.98% on the Dreyfus Government Cash Management. Effective yield as of December 31, 2023 was approximately 5.01% on the Fidelity Government Fund. Effective yield as of December 31, 2023 was approximately 4.99% on the Fidelity Treasury. As of December 31, 2023, borrowings under the loan facility bore interest at SOFR+6.50% (Floor 1.00%). RLOC facility permits the borrower to make an interest rate election regarding the base rate on each draw under the facility. The rate presented represents a weighted-average rate for borrowings under the facility, as of December 31, 2023. As of December 31, 2023, borrowings under the loan facility bore interest at SOFR+5.75% (Floor 1.00%). RLOC facility permits the borrower to make an interest rate election regarding the base rate on each draw under the facility. The rate presented represents a weighted-average rate for borrowings under the facility, as of December 31, 2023. Index based floating interest rate is subject to contractual maximum base rate of 1.50%. Index based floating interest rate is subject to contractual maximum base rate of 1.50%. Portfolio company headquarters are located outside of the United States. As of December 31, 2022, borrowings under the loan facility bore interest at SOFR+5.75% (Floor 1.00%). RLOC facility permits the borrower to make an interest rate election regarding the base rate on each draw under the facility. The rate presented represents a weighted-average rate for borrowings under the facility, as of December 31, 2022. As of December 31, 2023, borrowings under the loan facility bore interest at SOFR+7.00% (Floor 1.50%). RLOC facility permits the borrower to make an interest rate election regarding the base rate on each draw under the facility. The rate presented represents a weighted-average rate for borrowings under the facility, as of December 31, 2023. As of December 31, 2022, borrowings under the loan facility bore interest at LIBOR+6.50% PIK or Prime+5.50% PIK. Revolving facility permits the borrower to make an interest rate election regarding the base rate on each draw under the facility. The rate presented represents a weighted-average rate for borrowings under the facility, as of December 31, 2022. Warrants are presented in equivalent shares/units with a strike price of $1.00 per share/unit. As of December 31, 2023, borrowings under the loan facility bore interest at SOFR+6.75% (Floor 1.00%). RLOC facility permits the borrower to make an interest rate election regarding the base rate on each draw under the facility. The rate presented represents a weighted-average rate for borrowings under the facility, as of December 31, 2023. As of December 31, 2023, borrowings under the loan facility bore interest at SOFR+8.00% (Floor 2.00%). RLOC facility permits the borrower to make an interest rate election regarding the base rate on each draw under the facility. The rate presented represents a weighted-average rate for borrowings under the facility, as of December 31, 2023. As of December 31, 2023, borrowings under the loan facility bore interest at SOFR+10.00%. RLOC facility permits the borrower to make an interest rate election regarding the base rate on each draw under the facility. The rate presented represents a weighted-average rate for borrowings under the facility, as of December 31, 2023. As of December 31, 2022, borrowings under the loan facility bore interest at LIBOR+10.00%. RLOC facility permits the borrower to make an interest rate election regarding the base rate on each draw under the facility. The rate presented represents a weighted-average rate for borrowings under the facility, as of December 31, 2022. As of December 31, 2023, borrowings under the loan facility bore interest at SOFR+6.00% (Floor 1.00%). RLOC facility permits the borrower to make an interest rate election regarding the base rate on each draw under the facility. The rate presented represents a weighted-average rate for borrowings under the facility, as of December 31, 2023. As of December 31, 2023, borrowings under the loan facility bore interest at SOFR+7.00% (Floor 1.00%). Each new draw or funding on the facility has a different floating rate reset date. The rate presented represents a weighted-average rate for borrowings under the facility, as of December 31, 2023. External Investment Manager. Investment is not encumbered as security for the Company’s Credit Facilities or in support of the SBA-guaranteed debentures issued by the Funds. External Investment Manager. Investment is not encumbered as security for the Company’s Credit Facilities or in support of the SBA-guaranteed debentures issued by the Funds. As of December 31, 2022, borrowings under the loan facility bore interest at LIBOR+7.25% (Floor 0.75%). RLOC facility permits the borrower to make an interest rate election regarding the base rate on each draw under the facility. The rate presented represents a weighted-average rate for borrowings under the facility, as of December 31, 2022. As of December 31, 2022, borrowings under the loan facility bore interest at SOFR+8.00% (Floor 1.00%). RLOC facility permits the borrower to make an interest rate election regarding the base rate on each draw under the facility. The rate presented represents a weighted-average rate for borrowings under the facility, as of December 31, 2022. As of December 31, 2023, borrowings under the loan facility bore interest at SOFR+7.25% (Floor 1.00%). RLOC facility permits the borrower to make an interest rate election regarding the base rate on each draw under the facility. The rate presented represents a weighted-average rate for borrowings under the facility, as of December 31, 2023. As of December 31, 2023, borrowings under the loan facility bore interest at SOFR+5.75% (1.00%). Each new draw or funding on the facility has a different floating rate reset date. The rate presented represents a weighted-average rate for borrowings under the facility, as of December 31, 2023. As of December 31, 2022, borrowings under the loan facility bore interest at SOFR+5.75% (Floor 1.00%). Delayed draw term loan facility permits the borrower to make an interest rate election regarding the base rate on each draw under the facility. The rate presented represents a weighted-average rate for borrowings under the facility, as of December 31, 2022. Warrants are presented in equivalent units with a strike price of $14.28 per unit. As of December 31, 2022, borrowings under the loan facility bore interest at SOFR+7.75% (Floor 1.25%). RLOC facility permits the borrower to make an interest rate election regarding the base rate on each draw under the facility. The rate presented represents a weighted-average rate for borrowings under the facility, as of December 31, 2022. As of December 31, 2023, borrowings under the loan facility bore interest at SOFR+6.50% (Floor 2.00%). RLOC facility permits the borrower to make an interest rate election regarding the base rate on each draw under the facility. The rate presented represents a weighted-average rate for borrowings under the facility, as of December 31, 2023. Portfolio company is in a bankruptcy process and, as such, the maturity date of our debt investment in this portfolio company will not be finally determined until such process is complete. As noted in footnote (14), our debt investment in this portfolio company is on non-accrual status. The Company has entered into an intercreditor agreement that entitles the Company to the “last out” tranche of the first lien secured loans, whereby the “first out” tranche will receive priority as to the “last out” tranche with respect to payments of principal, interest, and any other amounts due thereunder. Therefore, the Company receives a higher interest rate than the contractual stated interest rate of 11.25% per the credit agreement and the Consolidated Schedule of Investments above reflects such higher rate. In connection with the Company’s debt investment in Staples Canada ULC and in an attempt to mitigate any potential adverse change in foreign exchange rates during the term of the Company’s investment, the Company maintains a forward foreign currency contract with Cadence Bank to lend $16.9 million Canadian Dollars and receive $13.1 million U.S. Dollars with a settlement date of September 14, 2023. The unrealized appreciation on the forward foreign currency contract was $0.6 million as of December 31, 2022. As of December 31, 2022, borrowings under the loan facility bore interest at SOFR+7.25% (Floor 1.00%). Each new draw on the delayed draw term loan facility has a different floating rate reset date. The rate presented represents a weighted-average rate for borrowings under the facility, as of December 31, 2022. Short-term portfolio investments. See Note C — Fair Value Hierarchy for Investments — Portfolio Composition for a description of short-term portfolio investments. As of December 31, 2023, borrowings under the loan facility bore interest at SOFR+7.00% (Floor 1.00%). RLOC facility permits the borrower to make an interest rate election regarding the base rate on each draw under the facility. The rate presented represents a weighted-average rate for borrowings under the facility, as of December 31, 2023. As of December 31, 2023, borrowings under the loan facility bore interest at SOFR+7.25% (Floor 1.00%). Each new draw or funding on the facility has a different floating rate reset date. The rate presented represents a weighted-average rate for borrowings under the facility, as of December 31, 2023. |
Consolidated Schedule of Inve_6
Consolidated Schedule of Investments In and Advances to Affiliates - Footnotes (Details) - USD ($) $ in Thousands | Dec. 31, 2023 | Dec. 31, 2022 | Dec. 31, 2021 | ||
Schedule of Investments [Line Items] | |||||
Investments at fair value | $ 4,286,271 | [1] | $ 4,102,177 | [2] | |
Control investments | |||||
Schedule of Investments [Line Items] | |||||
Investments at fair value | 2,006,698 | [1],[3] | 1,703,172 | [2],[4] | $ 1,489,257 |
Control investments | Midwest | |||||
Schedule of Investments [Line Items] | |||||
Investments at fair value | $ 513,943 | $ 430,570 | |||
Net assets, percentage (as a percent) | 20.70% | 20.40% | |||
Control investments | Northeast Region and Canada | |||||
Schedule of Investments [Line Items] | |||||
Investments at fair value | $ 268,905 | ||||
Net assets, percentage (as a percent) | 10.90% | ||||
Control investments | Northeast | |||||
Schedule of Investments [Line Items] | |||||
Investments at fair value | $ 147,981 | ||||
Net assets, percentage (as a percent) | 7% | ||||
Control investments | Southeast | |||||
Schedule of Investments [Line Items] | |||||
Investments at fair value | $ 52,278 | $ 47,368 | |||
Net assets, percentage (as a percent) | 2.10% | 2.20% | |||
Control investments | Southwest | |||||
Schedule of Investments [Line Items] | |||||
Investments at fair value | $ 767,606 | $ 609,466 | |||
Net assets, percentage (as a percent) | 31% | 28.90% | |||
Control investments | West | |||||
Schedule of Investments [Line Items] | |||||
Investments at fair value | $ 403,966 | $ 467,787 | |||
Net assets, percentage (as a percent) | 16.30% | 22.20% | |||
Affiliate investments | |||||
Schedule of Investments [Line Items] | |||||
Investments at fair value | $ 615,002 | [1],[5] | $ 618,359 | [2],[6] | $ 549,214 |
Affiliate investments | Midwest | |||||
Schedule of Investments [Line Items] | |||||
Investments at fair value | $ 76,330 | $ 65,747 | |||
Net assets, percentage (as a percent) | 3.10% | 3.10% | |||
Affiliate investments | Northeast Region and Canada | |||||
Schedule of Investments [Line Items] | |||||
Investments at fair value | $ 114,389 | ||||
Net assets, percentage (as a percent) | 4.60% | ||||
Affiliate investments | Northeast | |||||
Schedule of Investments [Line Items] | |||||
Investments at fair value | $ 119,989 | ||||
Net assets, percentage (as a percent) | 5.70% | ||||
Affiliate investments | Southeast | |||||
Schedule of Investments [Line Items] | |||||
Investments at fair value | $ 176,466 | $ 206,261 | |||
Net assets, percentage (as a percent) | 7.10% | 9.80% | |||
Affiliate investments | Southwest | |||||
Schedule of Investments [Line Items] | |||||
Investments at fair value | $ 110,303 | $ 98,814 | |||
Net assets, percentage (as a percent) | 4.50% | 4.70% | |||
Affiliate investments | West | |||||
Schedule of Investments [Line Items] | |||||
Investments at fair value | $ 137,514 | $ 127,548 | |||
Net assets, percentage (as a percent) | 5.60% | 6% | |||
[1] Investment fair value was determined using significant unobservable inputs, unless otherwise noted. See Note C — Fair Value Hierarchy for Investments — Portfolio Composition for further discussion. Negative fair value is the result of the capitalized discount on the loan or the unfunded commitment being valued below par. Investment fair value was determined using significant unobservable inputs, unless otherwise noted. See Note C — Fair Value Hierarchy for Investments — Portfolio Composition for further discussion. Negative fair value is the result of the capitalized discount on the loan or the unfunded commitment being valued below par. Control investments are defined by the 1940 Act as investments in which more than 25% of the voting securities are owned or where the ability to nominate greater than 50% of the board representation is maintained. Control investments are defined by the 1940 Act as investments in which more than 25% of the voting securities are owned or where the ability to nominate greater than 50% of the board representation is maintained. Affiliate investments are defined by the 1940 Act as investments in which between 5% and 25% (inclusive) of the voting securities are owned and the investments are not classified as Control investments. Affiliate investments are defined by the 1940 Act as investments in which between 5% and 25% (inclusive) of the voting securities are owned and the investments are not classified as Control investments. |