v3.26.1
Consolidated Statements of Assets and Liabilities (Parenthetical) (unaudited) - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
Investments at cost $ 1,404,431 [1],[2],[3] $ 1,299,294 [4],[5],[6]
Common Stock, par value $ 0.001 $ 0.001
Common Stock, shares authorized 100,000,000 100,000,000
Common Stock, shares issued 37,954,364 37,954,364
Common Stock, shares outstanding 37,954,364 37,954,364
Unamortized deferred financing costs $ 16,392 $ 14,275
SBA debentures    
Unamortized deferred financing costs 7,930 6,943
Notes    
Unamortized deferred financing costs 5,567 4,109
SPV Credit Facility    
Unamortized deferred financing costs 2,895 3,223
Control Investments    
Investments at cost 1,610 [1],[2],[3],[7] 1,610 [4],[5],[6],[8]
Affiliate Investments    
Investments at cost 77,086 [1],[2],[3],[9] 75,208 [4],[5],[6],[10]
Non-control/Non-affiliate Investments    
Investments at cost $ 1,325,735 [1],[2],[3] $ 1,222,476 [4],[5],[6]
[1]

(a) See Note 3 to the consolidated financial statements for portfolio composition by geographic location.
[2]

(b) Equity ownership may be held in shares or units of companies related to the portfolio companies. The Company’s investments are generally classified as “restricted securities”, unless otherwise noted, as such term is defined under Regulation S-X Rule 6-03(f) or Securities Act Rule 144. As of June 30, 2026, the Company held restricted securities with an aggregate fair value of $1,432,911, or 194% of the Company's net assets.
[3]

(c) All debt investments are income producing, unless otherwise indicated. Equity investments are non-income producing unless otherwise noted.
[4] All debt investments are income producing, unless otherwise indicated. Equity investments are non-income producing unless otherwise noted.
[5] Equity ownership may be held in shares or units of companies related to the portfolio companies. The Company’s investments are generally classified as “restricted securities”, unless otherwise noted, as such term is defined under Regulation S-X Rule 6-03(f) or Securities Act Rule 144. As of December 31, 2025, the Company held restricted securities with an aggregate fair value of $1,324,753, or 179% of the Company's net assets.
[6] See Note 3 to the consolidated financial statements for portfolio composition by geographic location.
[7]

(t) As defined in the 1940 Act, the Company is deemed to be both an “Affiliated Person” of and “Control” this portfolio company because it owns 25% or more of the portfolio company’s outstanding voting securities or it has the power to exercise control over the management or policies of such portfolio company. Transactions in which the issuer was both an Affiliated Person and a portfolio company that the Company is deemed to Control are detailed in Note 3 to the consolidated financial statements.
[8] As defined in the 1940 Act, the Company is deemed to be both an “Affiliated Person” of and “Control” this portfolio company because it owns 25% or more of the portfolio company’s outstanding voting securities or it has the power to exercise control over the management or policies of such portfolio company. Transactions in which the issuer was both an Affiliated Person and a portfolio company that the Company is deemed to Control are detailed in Note 3 to the consolidated financial statements.
[9]

(l) As defined in the 1940 Act, the Company is deemed to be an "Affiliated Person" of this portfolio company because it owns 5% or more of the portfolio company's outstanding voting securities or it has the power to exercise control over the management or policies of such portfolio company. Transactions in which the issuer was an Affiliated Person are detailed in Note 3 to the consolidated financial statements.
[10] As defined in the 1940 Act, the Company is deemed to be an "Affiliated Person" of this portfolio company because it owns 5% or more of the portfolio company's outstanding voting securities or it has the power to exercise control over the management or policies of such portfolio company. Transactions in which the issuer was an Affiliated Person are detailed in Note 3 to the consolidated financial statements.