10-Q Filing

VARAGON CAPITAL CORP CIK: 1784700 Q2 2023

Filing Information

Form Type	10-Q
Accession Number	`0000950170-23-041717`
Period End Date	20230630
Filing Date	20230811
Fiscal Year	2023
Fiscal Period	Q2
XBRL Instance	ck0001784700-20230630_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 65 Income Statement 81 Cash Flow Statement 75

Balance Sheet 65 line items

Line Item	Tag	Value	Unit	Period
Amortized Cost	`InvestmentOwnedAtCost`	$678.70M	USD	Point-in-time
Amortized Cost	`InvestmentOwnedAtCost`	$677.85M	USD	Point-in-time
Common Stock, Par or Stated Value Per Share	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common Stock, Par or Stated Value Per Share	`CommonStockParOrStatedValuePerShare`	$10.00	USD	Point-in-time
Common Stock, Par or Stated Value Per Share	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common Stock, Shares Authorized	`CommonStockSharesAuthorized`	500.00M	shares	Point-in-time
Common Stock, Shares Authorized	`CommonStockSharesAuthorized`	500.00M	shares	Point-in-time
Fair Value	`InvestmentOwnedAtFairValue`	$666.14M	USD	Point-in-time
Fair Value	`InvestmentOwnedAtFairValue`	$659.02M	USD	Point-in-time
Common stock, Shares issued	`CommonStockSharesIssued`	41.50M	shares	Point-in-time
Common stock, Shares issued	`CommonStockSharesIssued`	41.49M	shares	Point-in-time
Common stock, Shares issued	`CommonStockSharesIssued`	100.00	shares	Point-in-time
Total investments, at fair value (amortized cost of $677,849 and $678,695, respectively)	`Investments`	$659.02M	USD	Point-in-time
Total investments, at fair value (amortized cost of $677,849 and $678,695, respectively)	`Investments`	$666.14M	USD	Point-in-time
Common Stock, Shares, Outstanding	`CommonStockSharesOutstanding`	41.49M	shares	Point-in-time
Common Stock, Shares, Outstanding	`CommonStockSharesOutstanding`	41.50M	shares	Point-in-time
Cash	`Cash`	$20.42M	USD	Point-in-time
Cash	`Cash`	$29.26M	USD	Point-in-time
Interest receivable	`AccountsReceivableNetCurrent`	$10.56M	USD	Point-in-time
Interest receivable	`AccountsReceivableNetCurrent`	$9.27M	USD	Point-in-time
Deferred financing costs	`DeferredOfferingCosts`	$2.90M	USD	Point-in-time
Deferred financing costs	`DeferredOfferingCosts`	$3.57M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrentAndNoncurrent`	$694.00K	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrentAndNoncurrent`	$728.00K	USD	Point-in-time
Other assets	`OtherAssets`	$83.00K	USD	Point-in-time
Other assets	`OtherAssets`	$157.00K	USD	Point-in-time
Total assets	`Assets`	$702.63M	USD	Point-in-time
Total assets	`Assets`	$700.17M	USD	Point-in-time
Revolving credit facility payable (Note 5)	`LineOfCredit`	$270.50M	USD	Point-in-time
Revolving credit facility payable (Note 5)	`LineOfCredit`	$284.00M	USD	Point-in-time
Fronting amount payable (Note 6)	`FrontingAmountPayable`	-	USD	Point-in-time
Fronting amount payable (Note 6)	`FrontingAmountPayable`	$8.00M	USD	Point-in-time
Shareholder distributions payable	`ShareholderDistributionsPayable`	-	USD	Point-in-time
Shareholder distributions payable	`ShareholderDistributionsPayable`	$9.98M	USD	Point-in-time
Interest and credit facility fees payable	`InterestAndCreditFacilityFeesPayable`	$5.25M	USD	Point-in-time
Interest and credit facility fees payable	`InterestAndCreditFacilityFeesPayable`	$4.37M	USD	Point-in-time
Base management fees payable (Note 6)	`ManagementFeePayable`	$1.26M	USD	Point-in-time
Base management fees payable (Note 6)	`ManagementFeePayable`	$1.27M	USD	Point-in-time
Income incentive fees payable (Note 6)	`IncomeBasedIncentiveFeePayable`	$473.00K	USD	Point-in-time
Income incentive fees payable (Note 6)	`IncomeBasedIncentiveFeePayable`	$1.29M	USD	Point-in-time
Administrator expenses payable	`AdministratorExpensesPayable`	$295.00K	USD	Point-in-time
Administrator expenses payable	`AdministratorExpensesPayable`	$287.00K	USD	Point-in-time
Directors' fees and expenses payable	`DirectorSFeesAndExpensesPayable`	$79.00K	USD	Point-in-time
Directors' fees and expenses payable	`DirectorSFeesAndExpensesPayable`	$84.00K	USD	Point-in-time
Due to affiliates	`DueToAffiliateCurrentAndNoncurrent1`	$783.00K	USD	Point-in-time
Due to affiliates	`DueToAffiliateCurrentAndNoncurrent1`	$771.00K	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$1.03M	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$751.00K	USD	Point-in-time
Total liabilities	`Liabilities`	$296.50M	USD	Point-in-time
Total liabilities	`Liabilities`	$293.98M	USD	Point-in-time
Commitments and contingencies (Note 7)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 7)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Common stock, $0.01 par value; 500,000,000 shares authorized; 41,497,926 shares issued and outstanding at June, 2023, and 500,000,000 shares authorized; 41,490,642 shares issued and outstanding at December 31, 2022	`CommonStockValue`	$415.00K	USD	Point-in-time
Common stock, $0.01 par value; 500,000,000 shares authorized; 41,497,926 shares issued and outstanding at June, 2023, and 500,000,000 shares authorized; 41,490,642 shares issued and outstanding at December 31, 2022	`CommonStockValue`	$415.00K	USD	Point-in-time
Paid-in capital in excess of par value	`AdditionalPaidInCapitalCommonStock`	$414.87M	USD	Point-in-time
Paid-in capital in excess of par value	`AdditionalPaidInCapitalCommonStock`	$414.94M	USD	Point-in-time
Total accumulated earnings (loss)	`RetainedEarningsAccumulatedDeficit`	$-11.61M	USD	Point-in-time
Total accumulated earnings (loss)	`RetainedEarningsAccumulatedDeficit`	$-6.70M	USD	Point-in-time
Total net assets	`AssetsNet`	$403.68M	USD	Point-in-time
Total net assets	`AssetsNet`	$361.49M	USD	Point-in-time
Total net assets	`AssetsNet`	$408.65M	USD	Point-in-time
NET ASSETS PER SHARE	`NetAssetValuePerShare`	$9.73	USD	Point-in-time
NET ASSETS PER SHARE	`NetAssetValuePerShare`	$810.39	USD	Point-in-time
NET ASSETS PER SHARE	`NetAssetValuePerShare`	$10.01	USD	Point-in-time
NET ASSETS PER SHARE	`NetAssetValuePerShare`	$9.85	USD	Point-in-time

Income Statement 81 line items

Line Item	Tag	Value	Unit	Period
Redeemable shares issued	`TemporaryEquitySharesSubscribedButUnissued`	100.00	shares	Point-in-time
Total investment income	`InvestmentIncomeNet`	$20.21M	USD	1 Quarter
Total investment income	`InvestmentIncomeNet`	$4.20M	USD	2 Qtrs
Total investment income	`InvestmentIncomeNet`	$4.20M	USD	1 Quarter
Total investment income	`InvestmentIncomeNet`	$39.48M	USD	2 Qtrs
Base management fees (Note 6)	`ManagementFeeExpense`	$1.27M	USD	1 Quarter
Base management fees (Note 6)	`ManagementFeeExpense`	$357.00K	USD	2 Qtrs
Base management fees (Note 6)	`ManagementFeeExpense`	$357.00K	USD	1 Quarter
Base management fees (Note 6)	`ManagementFeeExpense`	$2.53M	USD	2 Qtrs
Income incentive fees (Note 6)	`IncentiveFeeExpense`	$26.00K	USD	2 Qtrs
Income incentive fees (Note 6)	`IncentiveFeeExpense`	$1.29M	USD	1 Quarter
Income incentive fees (Note 6)	`IncentiveFeeExpense`	$26.00K	USD	1 Quarter
Income incentive fees (Note 6)	`IncentiveFeeExpense`	$2.02M	USD	2 Qtrs
Professional fees	`ProfessionalFees`	$220.00K	USD	1 Quarter
Professional fees	`ProfessionalFees`	$220.00K	USD	2 Qtrs
Professional fees	`ProfessionalFees`	$503.00K	USD	1 Quarter
Professional fees	`ProfessionalFees`	$1.02M	USD	2 Qtrs
Administrator expenses	`AdministrativeExpense`	$93.00K	USD	2 Qtrs
Administrator expenses	`AdministrativeExpense`	$630.00K	USD	2 Qtrs
Administrator expenses	`AdministrativeExpense`	$287.00K	USD	1 Quarter
Administrator expenses	`AdministrativeExpense`	$93.00K	USD	1 Quarter
Interest expenses (Note 5)	`InterestExpenseDebt`	$805.00K	USD	1 Quarter
Interest expenses (Note 5)	`InterestExpenseDebt`	$5.30M	USD	1 Quarter
Interest expenses (Note 5)	`InterestExpenseDebt`	$805.00K	USD	2 Qtrs
Interest expenses (Note 5)	`InterestExpenseDebt`	$10.11M	USD	2 Qtrs
Credit facility fees (Note 5)	`CreditFacilityFees`	$162.00K	USD	2 Qtrs
Credit facility fees (Note 5)	`CreditFacilityFees`	$162.00K	USD	1 Quarter
Credit facility fees (Note 5)	`CreditFacilityFees`	$2.04M	USD	2 Qtrs
Credit facility fees (Note 5)	`CreditFacilityFees`	$297.00K	USD	1 Quarter
Directors fees and expenses	`NoninterestExpenseDirectorsFees`	$153.00K	USD	2 Qtrs
Directors fees and expenses	`NoninterestExpenseDirectorsFees`	$72.00K	USD	1 Quarter
Directors fees and expenses	`NoninterestExpenseDirectorsFees`	$83.00K	USD	1 Quarter
Directors fees and expenses	`NoninterestExpenseDirectorsFees`	$163.00K	USD	2 Qtrs
Organizational expenses	`AdministratorExpenses`	$19.00K	USD	2 Qtrs
Organizational expenses	`AdministratorExpenses`	$91.00K	USD	1 Quarter
Organizational expenses	`AdministratorExpenses`	$19.00K	USD	1 Quarter
Organizational expenses	`AdministratorExpenses`	$193.00K	USD	2 Qtrs
Insurance expenses	`GeneralInsuranceExpense`	$97.00K	USD	1 Quarter
Insurance expenses	`GeneralInsuranceExpense`	$195.00K	USD	2 Qtrs
Insurance expenses	`GeneralInsuranceExpense`	$41.00K	USD	1 Quarter
Insurance expenses	`GeneralInsuranceExpense`	$41.00K	USD	2 Qtrs
Other general and administrative expenses	`OtherGeneralAndAdministrativeExpense`	$10.00K	USD	1 Quarter
Other general and administrative expenses	`OtherGeneralAndAdministrativeExpense`	$186.00K	USD	2 Qtrs
Other general and administrative expenses	`OtherGeneralAndAdministrativeExpense`	$10.00K	USD	2 Qtrs
Other general and administrative expenses	`OtherGeneralAndAdministrativeExpense`	$66.00K	USD	1 Quarter
Total expenses	`OperatingExpenses`	$19.09M	USD	2 Qtrs
Total expenses	`OperatingExpenses`	$1.89M	USD	2 Qtrs
Total expenses	`OperatingExpenses`	$9.28M	USD	1 Quarter
Total expenses	`OperatingExpenses`	$1.80M	USD	1 Quarter
Net investment income (loss)	`NetInvestmentIncome`	$20.39M	USD	2 Qtrs
Net investment income (loss)	`NetInvestmentIncome`	$2.31M	USD	2 Qtrs
Net investment income (loss)	`NetInvestmentIncome`	$10.93M	USD	1 Quarter
Net investment income (loss)	`NetInvestmentIncome`	$2.39M	USD	1 Quarter
Net change in unrealized appreciation (depreciation) on investments	`NetChangeInUnrealizedAppreciationDepreciationOnInvestments`	$1.92M	USD	1 Quarter
Net change in unrealized appreciation (depreciation) on investments	`NetChangeInUnrealizedAppreciationDepreciationOnInvestments`	$2.13M	USD	1 Quarter
Net change in unrealized appreciation (depreciation) on investments	`NetChangeInUnrealizedAppreciationDepreciationOnInvestments`	$6.27M	USD	2 Qtrs
Net change in unrealized appreciation (depreciation) on investments	`NetChangeInUnrealizedAppreciationDepreciationOnInvestments`	$2.13M	USD	2 Qtrs
Net increase (decrease) in net assets resulting from operations	`ProfitLoss`	$183.00K	USD	2 Qtrs
Net increase (decrease) in net assets resulting from operations	`ProfitLoss`	$14.12M	USD	2 Qtrs
Net increase (decrease) in net assets resulting from operations	`ProfitLoss`	$9.01M	USD	1 Quarter
Net increase (decrease) in net assets resulting from operations	`ProfitLoss`	$264.00K	USD	1 Quarter
Weighted average shares outstanding	`WeightedAverageSharesOutstanding`	41.50M	shares	2 Qtrs
Weighted average shares outstanding	`WeightedAverageSharesOutstanding`	36.13M	shares	2 Qtrs
Weighted average shares outstanding	`WeightedAverageSharesOutstanding`	41.50M	shares	1 Quarter
Weighted average shares outstanding	`WeightedAverageSharesOutstanding`	36.13M	shares	1 Quarter
Net investment income per share basic	`NetInvestmentIncomeLossPerShareBasic`	$0.07	USD	1 Quarter
Net investment income per share basic	`NetInvestmentIncomeLossPerShareBasic`	$0.06	USD	2 Qtrs
Net investment income per share basic	`NetInvestmentIncomeLossPerShareBasic`	$0.49	USD	2 Qtrs
Net investment income per share basic	`NetInvestmentIncomeLossPerShareBasic`	$0.26	USD	1 Quarter
Net investment income per share diluted	`NetInvestmentIncomeLossPerShareDiluted`	$0.26	USD	1 Quarter
Net investment income per share diluted	`NetInvestmentIncomeLossPerShareDiluted`	$0.06	USD	2 Qtrs
Net investment income per share diluted	`NetInvestmentIncomeLossPerShareDiluted`	$0.07	USD	1 Quarter
Net investment income per share diluted	`NetInvestmentIncomeLossPerShareDiluted`	$0.49	USD	2 Qtrs
Earnings per share basic	`EarningsPerShareBasic`	$0.01	USD	1 Quarter
Earnings per share basic	`EarningsPerShareBasic`	$0.34	USD	2 Qtrs
Earnings per share basic	`EarningsPerShareBasic`	$0.22	USD	1 Quarter
Earnings per share basic	`EarningsPerShareBasic`	$0.01	USD	2 Qtrs
Earnings per share diluted	`EarningsPerShareDiluted`	$0.22	USD	1 Quarter
Earnings per share diluted	`EarningsPerShareDiluted`	$0.34	USD	2 Qtrs
Earnings per share diluted	`EarningsPerShareDiluted`	$0.01	USD	1 Quarter
Earnings per share diluted	`EarningsPerShareDiluted`	$0.01	USD	2 Qtrs

Cash Flow Statement 75 line items

Line Item	Tag	Value	Unit	Period
Net increase (decrease) in net assets resulting from operations	`ProfitLoss`	$183.00K	USD	2 Qtrs
Net increase (decrease) in net assets resulting from operations	`ProfitLoss`	$14.12M	USD	2 Qtrs
Net increase (decrease) in net assets resulting from operations	`ProfitLoss`	$9.01M	USD	1 Quarter
Net increase (decrease) in net assets resulting from operations	`ProfitLoss`	$264.00K	USD	1 Quarter
Purchases of investments	`PurchasesOfInvestments`	$466.69M	USD	2 Qtrs
Purchases of investments	`PurchasesOfInvestments`	$35.20M	USD	2 Qtrs
Investment increases due to payment-in-kind income	`InvestmentIncreasesDueToPaymentInKindIncome`	$277.00K	USD	2 Qtrs
Investment increases due to payment-in-kind income	`InvestmentIncreasesDueToPaymentInKindIncome`	-	USD	2 Qtrs
Repayments of investments	`RepaymentsOfInvestments`	$840.00K	USD	2 Qtrs
Repayments of investments	`RepaymentsOfInvestments`	$37.23M	USD	2 Qtrs
Proceeds from redemption of common stock	`ProceedsFromRedemptionOfCommonStock`	$1.00M	USD	2 Qtrs
Net change in unrealized (appreciation) depreciation on investments	`NetChangeInUnrealizedAppreciationDepreciationOnInvestments`	$1.92M	USD	1 Quarter
Net change in unrealized (appreciation) depreciation on investments	`NetChangeInUnrealizedAppreciationDepreciationOnInvestments`	$2.13M	USD	1 Quarter
Net change in unrealized (appreciation) depreciation on investments	`NetChangeInUnrealizedAppreciationDepreciationOnInvestments`	$6.27M	USD	2 Qtrs
Net change in unrealized (appreciation) depreciation on investments	`NetChangeInUnrealizedAppreciationDepreciationOnInvestments`	$2.13M	USD	2 Qtrs
Net amortization (accretion) on investments	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$113.00K	USD	2 Qtrs
Net amortization (accretion) on investments	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$903.00K	USD	2 Qtrs
Amortization of deferred financing costs	`AmortizationOfFinancingCosts`	$1.76M	USD	2 Qtrs
Amortization of deferred financing costs	`AmortizationOfFinancingCosts`	$64.00K	USD	2 Qtrs
Interest receivable	`IncreaseDecreaseInAccruedInterestReceivableNet`	$6.34M	USD	2 Qtrs
Interest receivable	`IncreaseDecreaseInAccruedInterestReceivableNet`	$1.29M	USD	2 Qtrs
Deferred organization costs	`IncreaseDecreaseInDeferredCharges`	-	USD	2 Qtrs
Deferred organization costs	`IncreaseDecreaseInDeferredCharges`	-	USD	2 Qtrs
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$34.00K	USD	2 Qtrs
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$834.00K	USD	2 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$74.00K	USD	2 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$349.00K	USD	2 Qtrs
Payable for investments purchased	`IncreaseDecreasePayableForInvestmentsPurchased`	-	USD	2 Qtrs
Payable for investments purchased	`IncreaseDecreasePayableForInvestmentsPurchased`	-	USD	2 Qtrs
Interest and credit facility fees payable	`IncreaseDecreaseInInterestAndCreditFacilityFeesPayable`	$880.00K	USD	2 Qtrs
Interest and credit facility fees payable	`IncreaseDecreaseInInterestAndCreditFacilityFeesPayable`	$903.00K	USD	2 Qtrs
Base management fees payable	`IncreaseDecreaseInBaseManagementFeesPayable`	$7.00K	USD	2 Qtrs
Base management fees payable	`IncreaseDecreaseInBaseManagementFeesPayable`	$357.00K	USD	2 Qtrs
Income incentive fees payable	`IncreaseDecreaseInIncomeIncentiveFeesPayable`	$26.00K	USD	2 Qtrs
Income incentive fees payable	`IncreaseDecreaseInIncomeIncentiveFeesPayable`	$814.00K	USD	2 Qtrs
Administrator expenses payable	`IncreaseDecreaseInAdministratorExpensesPayable`	$93.00K	USD	2 Qtrs
Administrator expenses payable	`IncreaseDecreaseInAdministratorExpensesPayable`	$-8.00K	USD	2 Qtrs
Directors' fees and expenses payable	`IncreaseDecreaseInDirectorsFeesAndExpensesPayable`	-	USD	2 Qtrs
Directors' fees and expenses payable	`IncreaseDecreaseInDirectorsFeesAndExpensesPayable`	$-5.00K	USD	2 Qtrs
Due to affiliates	`IncreaseDecreaseInDueToAffiliates`	$138.00K	USD	2 Qtrs
Due to affiliates	`IncreaseDecreaseInDueToAffiliates`	$-12.00K	USD	2 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$861.00K	USD	2 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$284.00K	USD	2 Qtrs
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$23.56M	USD	2 Qtrs
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-468.73M	USD	2 Qtrs
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$219.17M	USD	2 Qtrs
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	-	USD	2 Qtrs
Redemption of common stock	`ProceedsForPaymentsForRedemptionOfCommonStock`	-	USD	2 Qtrs
Redemption of common stock	`ProceedsForPaymentsForRedemptionOfCommonStock`	-	USD	2 Qtrs
Borrowings on debts	`ProceedsFromIssuanceOfDebt`	$34.61M	USD	2 Qtrs
Borrowings on debts	`ProceedsFromIssuanceOfDebt`	$273.50M	USD	2 Qtrs
Repayments of debts	`RepaymentsOfDebt`	-	USD	2 Qtrs
Repayments of debts	`RepaymentsOfDebt`	$29.11M	USD	2 Qtrs
Financing costs paid	`PaymentsOfFinancingCosts`	$4.04M	USD	2 Qtrs
Financing costs paid	`PaymentsOfFinancingCosts`	$1.08M	USD	2 Qtrs
Dividends paid in cash	`PaymentsOfDividendsCommonStock`	-	USD	2 Qtrs
Dividends paid in cash	`PaymentsOfDividendsCommonStock`	$19.13M	USD	2 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$488.63M	USD	2 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-14.71M	USD	2 Qtrs
Net increase (decrease) in cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$8.85M	USD	2 Qtrs
Net increase (decrease) in cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$19.90M	USD	2 Qtrs
Cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$20.42M	USD	Point-in-time
Cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$19.90M	USD	Point-in-time
Cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	-	USD	Point-in-time
Cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$29.26M	USD	Point-in-time
Cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$20.42M	USD	Point-in-time
Cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$19.90M	USD	Point-in-time
Cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	-	USD	Point-in-time
Cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$29.26M	USD	Point-in-time
Cash paid during the period for interest	`InterestPaidNet`	$9.51M	USD	2 Qtrs
Cash paid during the period for interest	`InterestPaidNet`	-	USD	2 Qtrs
Non-cash purchase of investment	`NoncashOrPartNoncashAcquisitionInvestmentsAcquired1`	-	USD	2 Qtrs
Non-cash purchase of investment	`NoncashOrPartNoncashAcquisitionInvestmentsAcquired1`	$142.13M	USD	2 Qtrs
Distributions reinvested	`DistributionsReinvested`	$72.00K	USD	2 Qtrs
Distributions reinvested	`DistributionsReinvested`	-	USD	2 Qtrs

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.