10-Q Filing

VARAGON CAPITAL CORP CIK: 1784700 Q3 2023

Filing Information

Form Type	10-Q
Accession Number	`0000950170-23-063476`
Period End Date	20230930
Filing Date	20231114
Fiscal Year	2023
Fiscal Period	Q3
XBRL Instance	ck0001784700-20230930_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 65 Income Statement 103 Cash Flow Statement 77

Balance Sheet 65 line items

Line Item	Tag	Value	Unit	Period
Amortized Cost	`InvestmentOwnedAtCost`	$661.91M	USD	Point-in-time
Amortized Cost	`InvestmentOwnedAtCost`	$678.70M	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
Fair Value	`InvestmentOwnedAtFairValue`	$645.61M	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
Total investments, at fair value (amortized cost of $661,909 and $678,695, respectively)	`Investments`	$645.61M	USD	Point-in-time
Total investments, at fair value (amortized cost of $661,909 and $678,695, respectively)	`Investments`	$666.14M	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
Cash	`Cash`	$20.42M	USD	Point-in-time
Common Stock, Shares, Outstanding	`CommonStockSharesOutstanding`	41.50M	shares	Point-in-time
Cash	`Cash`	$28.40M	USD	Point-in-time
Common Stock, Shares, Outstanding	`CommonStockSharesOutstanding`	41.49M	shares	Point-in-time
Interest receivable	`AccountsReceivableNetCurrent`	$11.03M	USD	Point-in-time
Interest receivable	`AccountsReceivableNetCurrent`	$9.27M	USD	Point-in-time
Deferred financing costs	`DeferredOfferingCosts`	$3.57M	USD	Point-in-time
Deferred financing costs	`DeferredOfferingCosts`	$2.72M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrentAndNoncurrent`	$694.00K	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrentAndNoncurrent`	$588.00K	USD	Point-in-time
Other assets	`OtherAssets`	$87.00K	USD	Point-in-time
Other assets	`OtherAssets`	$83.00K	USD	Point-in-time
Total assets	`Assets`	$700.17M	USD	Point-in-time
Total assets	`Assets`	$688.44M	USD	Point-in-time
Revolving credit facility payable (Note 5)	`LineOfCredit`	$270.50M	USD	Point-in-time
Revolving credit facility payable (Note 5)	`LineOfCredit`	$265.40M	USD	Point-in-time
Fronting amount payable (Note 6)	`FrontingAmountPayable`	$8.00M	USD	Point-in-time
Fronting amount payable (Note 6)	`FrontingAmountPayable`	-	USD	Point-in-time
Shareholder distributions payable	`ShareholderDistributionsPayable`	$9.98M	USD	Point-in-time
Shareholder distributions payable	`ShareholderDistributionsPayable`	-	USD	Point-in-time
Interest and credit facility fees payable	`InterestAndCreditFacilityFeesPayable`	$4.37M	USD	Point-in-time
Interest and credit facility fees payable	`InterestAndCreditFacilityFeesPayable`	$5.28M	USD	Point-in-time
Base management fees payable (Note 6)	`ManagementFeePayable`	$1.27M	USD	Point-in-time
Base management fees payable (Note 6)	`ManagementFeePayable`	$1.26M	USD	Point-in-time
Income incentive fees payable (Note 6)	`IncomeBasedIncentiveFeePayable`	$473.00K	USD	Point-in-time
Income incentive fees payable (Note 6)	`IncomeBasedIncentiveFeePayable`	$1.81M	USD	Point-in-time
Administrator expenses payable	`AdministratorExpensesPayable`	$295.00K	USD	Point-in-time
Administrator expenses payable	`AdministratorExpensesPayable`	$271.00K	USD	Point-in-time
Directors' fees and expenses payable	`DirectorSFeesAndExpensesPayable`	$85.00K	USD	Point-in-time
Directors' fees and expenses payable	`DirectorSFeesAndExpensesPayable`	$84.00K	USD	Point-in-time
Due to affiliates	`DueToAffiliateCurrentAndNoncurrent1`	$771.00K	USD	Point-in-time
Due to affiliates	`DueToAffiliateCurrentAndNoncurrent1`	$783.00K	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$751.00K	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$829.00K	USD	Point-in-time
Total liabilities	`Liabilities`	$275.71M	USD	Point-in-time
Total liabilities	`Liabilities`	$296.50M	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; 41,501,706 shares issued and outstanding at September 30, 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; 41,501,706 shares issued and outstanding at September 30, 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`	$414.98M	USD	Point-in-time
Paid-in capital in excess of par value	`AdditionalPaidInCapitalCommonStock`	$414.87M	USD	Point-in-time
Total accumulated earnings (loss)	`RetainedEarningsAccumulatedDeficit`	$-11.61M	USD	Point-in-time
Total accumulated earnings (loss)	`RetainedEarningsAccumulatedDeficit`	$-2.66M	USD	Point-in-time
Total net assets	`AssetsNet`	$421.30M	USD	Point-in-time
Total net assets	`AssetsNet`	$412.73M	USD	Point-in-time
Total net assets	`AssetsNet`	$403.68M	USD	Point-in-time
NET ASSETS PER SHARE	`NetAssetValuePerShare`	$9.73	USD	Point-in-time
NET ASSETS PER SHARE	`NetAssetValuePerShare`	$10.16	USD	Point-in-time
NET ASSETS PER SHARE	`NetAssetValuePerShare`	$810.39	USD	Point-in-time
NET ASSETS PER SHARE	`NetAssetValuePerShare`	$9.94	USD	Point-in-time

Income Statement 103 line items

Line Item	Tag	Value	Unit	Period
Redeemable shares issued	`TemporaryEquitySharesSubscribedButUnissued`	100.00	shares	Point-in-time
Total investment income	`InvestmentIncomeNet`	$19.71M	USD	3 Qtrs
Total investment income	`InvestmentIncomeNet`	$15.52M	USD	1 Quarter
Total investment income	`InvestmentIncomeNet`	$21.23M	USD	1 Quarter
Total investment income	`InvestmentIncomeNet`	$60.70M	USD	3 Qtrs
Base management fees (Note 6)	`ManagementFeeExpense`	$1.27M	USD	1 Quarter
Base management fees (Note 6)	`ManagementFeeExpense`	$1.55M	USD	3 Qtrs
Base management fees (Note 6)	`ManagementFeeExpense`	$3.79M	USD	3 Qtrs
Base management fees (Note 6)	`ManagementFeeExpense`	$1.20M	USD	1 Quarter
Income incentive fees (Note 6)	`IncentiveFeeExpense`	$3.83M	USD	3 Qtrs
Income incentive fees (Note 6)	`IncentiveFeeExpense`	$856.00K	USD	3 Qtrs
Income incentive fees (Note 6)	`IncentiveFeeExpense`	$1.81M	USD	1 Quarter
Income incentive fees (Note 6)	`IncentiveFeeExpense`	$830.00K	USD	1 Quarter
Professional fees	`ProfessionalFees`	$477.00K	USD	1 Quarter
Professional fees	`ProfessionalFees`	$537.00K	USD	1 Quarter
Professional fees	`ProfessionalFees`	$1.56M	USD	3 Qtrs
Professional fees	`ProfessionalFees`	$697.00K	USD	3 Qtrs
Administrator expenses	`AdministrativeExpense`	$901.00K	USD	3 Qtrs
Administrator expenses	`AdministrativeExpense`	$340.00K	USD	1 Quarter
Administrator expenses	`AdministrativeExpense`	$433.00K	USD	3 Qtrs
Administrator expenses	`AdministrativeExpense`	$271.00K	USD	1 Quarter
Interest expenses (Note 5)	`InterestExpenseDebt`	$3.24M	USD	1 Quarter
Interest expenses (Note 5)	`InterestExpenseDebt`	$4.04M	USD	3 Qtrs
Interest expenses (Note 5)	`InterestExpenseDebt`	$15.57M	USD	3 Qtrs
Interest expenses (Note 5)	`InterestExpenseDebt`	$5.46M	USD	1 Quarter
Credit facility fees (Note 5)	`CreditFacilityFees`	$487.00K	USD	1 Quarter
Credit facility fees (Note 5)	`CreditFacilityFees`	$308.00K	USD	1 Quarter
Credit facility fees (Note 5)	`CreditFacilityFees`	$2.35M	USD	3 Qtrs
Credit facility fees (Note 5)	`CreditFacilityFees`	$649.00K	USD	3 Qtrs
Directors fees and expenses	`NoninterestExpenseDirectorsFees`	$102.00K	USD	1 Quarter
Directors fees and expenses	`NoninterestExpenseDirectorsFees`	$241.00K	USD	3 Qtrs
Directors fees and expenses	`NoninterestExpenseDirectorsFees`	$88.00K	USD	1 Quarter
Directors fees and expenses	`NoninterestExpenseDirectorsFees`	$265.00K	USD	3 Qtrs
Organizational expenses	`AdministratorExpenses`	$81.00K	USD	1 Quarter
Organizational expenses	`AdministratorExpenses`	$286.00K	USD	3 Qtrs
Organizational expenses	`AdministratorExpenses`	$93.00K	USD	1 Quarter
Organizational expenses	`AdministratorExpenses`	$100.00K	USD	3 Qtrs
Insurance expenses	`GeneralInsuranceExpense`	$290.00K	USD	3 Qtrs
Insurance expenses	`GeneralInsuranceExpense`	$95.00K	USD	1 Quarter
Insurance expenses	`GeneralInsuranceExpense`	$100.00K	USD	1 Quarter
Insurance expenses	`GeneralInsuranceExpense`	$141.00K	USD	3 Qtrs
Other general and administrative expenses	`OtherGeneralAndAdministrativeExpense`	$57.00K	USD	1 Quarter
Other general and administrative expenses	`OtherGeneralAndAdministrativeExpense`	$63.00K	USD	1 Quarter
Other general and administrative expenses	`OtherGeneralAndAdministrativeExpense`	$248.00K	USD	3 Qtrs
Other general and administrative expenses	`OtherGeneralAndAdministrativeExpense`	$67.00K	USD	3 Qtrs
Total expenses before taxes	`OperatingExpenses`	$6.89M	USD	1 Quarter
Total expenses before taxes	`OperatingExpenses`	$8.78M	USD	3 Qtrs
Total expenses before taxes	`OperatingExpenses`	$10.00M	USD	1 Quarter
Total expenses before taxes	`OperatingExpenses`	$29.09M	USD	3 Qtrs
Net investment income before taxes	`NetInvestmentIncome`	$31.61M	USD	3 Qtrs
Net investment income before taxes	`NetInvestmentIncome`	$11.22M	USD	1 Quarter
Net investment income before taxes	`NetInvestmentIncome`	$10.93M	USD	3 Qtrs
Net investment income before taxes	`NetInvestmentIncome`	$8.62M	USD	1 Quarter
Excise tax expense	`InvestmentIncomeOperatingTaxExpenseBenefit`	-	USD	1 Quarter
Excise tax expense	`InvestmentIncomeOperatingTaxExpenseBenefit`	$2.00K	USD	3 Qtrs
Excise tax expense	`InvestmentIncomeOperatingTaxExpenseBenefit`	-	USD	3 Qtrs
Excise tax expense	`InvestmentIncomeOperatingTaxExpenseBenefit`	$2.00K	USD	1 Quarter
Net investment income (loss)	`InvestmentIncomeOperatingAfterExpenseAndTax`	$10.93M	USD	3 Qtrs
Net investment income (loss)	`InvestmentIncomeOperatingAfterExpenseAndTax`	$11.22M	USD	1 Quarter
Net investment income (loss)	`InvestmentIncomeOperatingAfterExpenseAndTax`	$8.62M	USD	1 Quarter
Net investment income (loss)	`InvestmentIncomeOperatingAfterExpenseAndTax`	$31.61M	USD	3 Qtrs
Net realized gains (loss) on investments	`RealizedInvestmentGainsLosses`	-	USD	1 Quarter
Net realized gains (loss) on investments	`RealizedInvestmentGainsLosses`	-	USD	3 Qtrs
Net realized gains (loss) on investments	`RealizedInvestmentGainsLosses`	$-391.00K	USD	1 Quarter
Net realized gains (loss) on investments	`RealizedInvestmentGainsLosses`	$-391.00K	USD	3 Qtrs
Net change in unrealized appreciation (depreciation) on investments	`NetChangeInUnrealizedAppreciationDepreciationOnInvestments`	$4.94M	USD	3 Qtrs
Net change in unrealized appreciation (depreciation) on investments	`NetChangeInUnrealizedAppreciationDepreciationOnInvestments`	$3.74M	USD	3 Qtrs
Net change in unrealized appreciation (depreciation) on investments	`NetChangeInUnrealizedAppreciationDepreciationOnInvestments`	$-2.53M	USD	1 Quarter
Net change in unrealized appreciation (depreciation) on investments	`NetChangeInUnrealizedAppreciationDepreciationOnInvestments`	$2.81M	USD	1 Quarter
Net realized and unrealized gains (losses) on investments	`GainLossOnInvestments`	$2.14M	USD	1 Quarter
Net realized and unrealized gains (losses) on investments	`GainLossOnInvestments`	$-2.81M	USD	1 Quarter
Net realized and unrealized gains (losses) on investments	`GainLossOnInvestments`	$-4.13M	USD	3 Qtrs
Net realized and unrealized gains (losses) on investments	`GainLossOnInvestments`	$-4.94M	USD	3 Qtrs
Net increase (decrease) in net assets resulting from operations	`ProfitLoss`	$13.36M	USD	1 Quarter
Net increase (decrease) in net assets resulting from operations	`ProfitLoss`	$27.48M	USD	3 Qtrs
Net increase (decrease) in net assets resulting from operations	`ProfitLoss`	$5.99M	USD	3 Qtrs
Net increase (decrease) in net assets resulting from operations	`ProfitLoss`	$5.81M	USD	1 Quarter
Weighted average shares outstanding, Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	41.50M	shares	3 Qtrs
Weighted average shares outstanding, Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	39.38M	shares	1 Quarter
Weighted average shares outstanding, Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	41.50M	shares	1 Quarter
Weighted average shares outstanding, Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	38.60M	shares	3 Qtrs
Weighted average shares outstanding, Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	25.11M	shares	2 Qtrs
Weighted average shares outstanding, Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	41.50M	shares	1 Quarter
Weighted average shares outstanding, Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	25.11M	shares	2 Qtrs
Weighted average shares outstanding, Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	38.60M	shares	3 Qtrs
Weighted average shares outstanding, Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	38.60M	shares	1 Quarter
Weighted average shares outstanding, Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	41.50M	shares	3 Qtrs
Net investment income per share basic	`NetInvestmentIncomeLossPerShareBasic`	$0.28	USD	3 Qtrs
Net investment income per share basic	`NetInvestmentIncomeLossPerShareBasic`	$0.76	USD	3 Qtrs
Net investment income per share basic	`NetInvestmentIncomeLossPerShareBasic`	$0.22	USD	1 Quarter
Net investment income per share basic	`NetInvestmentIncomeLossPerShareBasic`	$0.27	USD	1 Quarter
Net investment income per share diluted	`NetInvestmentIncomeLossPerShareDiluted`	$0.22	USD	1 Quarter
Net investment income per share diluted	`NetInvestmentIncomeLossPerShareDiluted`	$0.27	USD	1 Quarter
Net investment income per share diluted	`NetInvestmentIncomeLossPerShareDiluted`	$0.76	USD	3 Qtrs
Net investment income per share diluted	`NetInvestmentIncomeLossPerShareDiluted`	$0.28	USD	3 Qtrs
Earnings per share basic	`EarningsPerShareBasic`	$0.32	USD	1 Quarter
Earnings per share basic	`EarningsPerShareBasic`	$0.16	USD	3 Qtrs
Earnings per share basic	`EarningsPerShareBasic`	$0.66	USD	3 Qtrs
Earnings per share basic	`EarningsPerShareBasic`	$0.15	USD	1 Quarter
Earnings per share diluted	`EarningsPerShareDiluted`	$0.15	USD	1 Quarter
Earnings per share diluted	`EarningsPerShareDiluted`	$0.66	USD	3 Qtrs
Earnings per share diluted	`EarningsPerShareDiluted`	$0.16	USD	3 Qtrs
Earnings per share diluted	`EarningsPerShareDiluted`	$0.32	USD	1 Quarter

Cash Flow Statement 77 line items

Line Item	Tag	Value	Unit	Period
Net increase (decrease) in net assets resulting from operations	`ProfitLoss`	$13.36M	USD	1 Quarter
Net increase (decrease) in net assets resulting from operations	`ProfitLoss`	$27.48M	USD	3 Qtrs
Net increase (decrease) in net assets resulting from operations	`ProfitLoss`	$5.99M	USD	3 Qtrs
Net increase (decrease) in net assets resulting from operations	`ProfitLoss`	$5.81M	USD	1 Quarter
Purchases of investments	`PurchasesOfInvestments`	$542.48M	USD	3 Qtrs
Purchases of investments	`PurchasesOfInvestments`	$41.12M	USD	3 Qtrs
Investment increases due to payment-in-kind income	`InvestmentIncreasesDueToPaymentInKindIncome`	-	USD	3 Qtrs
Investment increases due to payment-in-kind income	`InvestmentIncreasesDueToPaymentInKindIncome`	$359.00K	USD	3 Qtrs
Repayments of investments	`RepaymentsOfInvestments`	$27.06M	USD	3 Qtrs
Repayments of investments	`RepaymentsOfInvestments`	$59.28M	USD	3 Qtrs
Net realized (gain) loss	`RealizedInvestmentGainsLosses`	-	USD	1 Quarter
Net realized (gain) loss	`RealizedInvestmentGainsLosses`	-	USD	3 Qtrs
Net realized (gain) loss	`RealizedInvestmentGainsLosses`	$-391.00K	USD	1 Quarter
Proceeds from redemption of common stock	`ProceedsFromRedemptionOfCommonStock`	$1.00M	USD	3 Qtrs
Net realized (gain) loss	`RealizedInvestmentGainsLosses`	$-391.00K	USD	3 Qtrs
Net change in unrealized appreciation (depreciation) on investments	`NetChangeInUnrealizedAppreciationDepreciationOnInvestments`	$4.94M	USD	3 Qtrs
Net change in unrealized appreciation (depreciation) on investments	`NetChangeInUnrealizedAppreciationDepreciationOnInvestments`	$3.74M	USD	3 Qtrs
Net change in unrealized appreciation (depreciation) on investments	`NetChangeInUnrealizedAppreciationDepreciationOnInvestments`	$-2.53M	USD	1 Quarter
Net change in unrealized appreciation (depreciation) on investments	`NetChangeInUnrealizedAppreciationDepreciationOnInvestments`	$2.81M	USD	1 Quarter
Net amortization (accretion) on investments	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$1.40M	USD	3 Qtrs
Net amortization (accretion) on investments	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$530.00K	USD	3 Qtrs
Amortization of deferred financing costs	`AmortizationOfFinancingCosts`	$268.00K	USD	3 Qtrs
Amortization of deferred financing costs	`AmortizationOfFinancingCosts`	$1.94M	USD	3 Qtrs
Interest receivable	`IncreaseDecreaseInAccruedInterestReceivableNet`	$8.66M	USD	3 Qtrs
Interest receivable	`IncreaseDecreaseInAccruedInterestReceivableNet`	$1.76M	USD	3 Qtrs
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$-106.00K	USD	3 Qtrs
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$907.00K	USD	3 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$4.00K	USD	3 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$197.00K	USD	3 Qtrs
Interest and credit facility fees payable	`IncreaseDecreaseInInterestAndCreditFacilityFeesPayable`	$3.43M	USD	3 Qtrs
Interest and credit facility fees payable	`IncreaseDecreaseInInterestAndCreditFacilityFeesPayable`	$911.00K	USD	3 Qtrs
Base management fees payable	`IncreaseDecreaseInBaseManagementFeesPayable`	$1.20M	USD	3 Qtrs
Base management fees payable	`IncreaseDecreaseInBaseManagementFeesPayable`	$2.00K	USD	3 Qtrs
Income incentive fees payable	`IncreaseDecreaseInIncomeIncentiveFeesPayable`	$830.00K	USD	3 Qtrs
Income incentive fees payable	`IncreaseDecreaseInIncomeIncentiveFeesPayable`	$1.34M	USD	3 Qtrs
Administrator expenses payable	`IncreaseDecreaseInAdministratorExpensesPayable`	$-24.00K	USD	3 Qtrs
Administrator expenses payable	`IncreaseDecreaseInAdministratorExpensesPayable`	$340.00K	USD	3 Qtrs
Directors' fees and expenses payable	`IncreaseDecreaseInDirectorsFeesAndExpensesPayable`	$74.00K	USD	3 Qtrs
Directors' fees and expenses payable	`IncreaseDecreaseInDirectorsFeesAndExpensesPayable`	$1.00K	USD	3 Qtrs
Due to affiliates	`IncreaseDecreaseInDueToAffiliates`	$727.00K	USD	3 Qtrs
Due to affiliates	`IncreaseDecreaseInDueToAffiliates`	$-12.00K	USD	3 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$78.00K	USD	3 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$564.00K	USD	3 Qtrs
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$50.58M	USD	3 Qtrs
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-507.35M	USD	3 Qtrs
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	-	USD	3 Qtrs
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$273.17M	USD	3 Qtrs
Redemption of common stock	`ProceedsForPaymentsForRedemptionOfCommonStock`	-	USD	3 Qtrs
Redemption of common stock	`ProceedsForPaymentsForRedemptionOfCommonStock`	-	USD	3 Qtrs
Borrowings on debts	`ProceedsFromIssuanceOfDebt`	$280.50M	USD	3 Qtrs
Borrowings on debts	`ProceedsFromIssuanceOfDebt`	$34.61M	USD	3 Qtrs
Repayments of debts	`RepaymentsOfDebt`	$47.71M	USD	3 Qtrs
Repayments of debts	`RepaymentsOfDebt`	$10.00M	USD	3 Qtrs
Financing costs paid	`PaymentsOfFinancingCosts`	$4.04M	USD	3 Qtrs
Financing costs paid	`PaymentsOfFinancingCosts`	$1.08M	USD	3 Qtrs
Dividends paid in cash	`PaymentsOfDividendsCommonStock`	-	USD	3 Qtrs
Dividends paid in cash	`PaymentsOfDividendsCommonStock`	$28.41M	USD	3 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-42.59M	USD	3 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$539.63M	USD	3 Qtrs
Net increase (decrease) in cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$32.27M	USD	3 Qtrs
Net increase (decrease) in cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$7.99M	USD	3 Qtrs
Cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$32.27M	USD	Point-in-time
Cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$20.42M	USD	Point-in-time
Cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$28.40M	USD	Point-in-time
Cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	-	USD	Point-in-time
Cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$32.27M	USD	Point-in-time
Cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$20.42M	USD	Point-in-time
Cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$28.40M	USD	Point-in-time
Cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	-	USD	Point-in-time
Cash paid during the period for interest	`InterestPaidNet`	$15.07M	USD	3 Qtrs
Cash paid during the period for interest	`InterestPaidNet`	$998.00K	USD	3 Qtrs
Cash paid during the period for taxes	`IncomeTaxesPaidNet`	-	USD	3 Qtrs
Cash paid during the period for taxes	`IncomeTaxesPaidNet`	$63.00K	USD	3 Qtrs
Non-cash purchase of investment	`NoncashOrPartNoncashAcquisitionInvestmentsAcquired1`	-	USD	3 Qtrs
Non-cash purchase of investment	`NoncashOrPartNoncashAcquisitionInvestmentsAcquired1`	$142.13M	USD	3 Qtrs
Distributions reinvested	`DistributionsReinvested`	-	USD	3 Qtrs
Distributions reinvested	`DistributionsReinvested`	$109.00K	USD	3 Qtrs

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