10-Q Filing

VARAGON CAPITAL CORP CIK: 1784700 Q1 2024

Filing Information

Form Type	10-Q
Accession Number	`0000950170-24-058847`
Period End Date	20240331
Filing Date	20240513
Fiscal Year	2024
Fiscal Period	Q1
XBRL Instance	ck0001784700-20240331_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 142 Income Statement 108 Cash Flow Statement 140

Balance Sheet 142 line items

Line Item	Tag	Value	Unit	Period
Amortized Cost	`InvestmentOwnedAtCost`	$751.12M	USD	Point-in-time
Amortized Cost	`InvestmentOwnedAtCost`	$751.12M	USD	Point-in-time
Amortized Cost	`InvestmentOwnedAtCost`	$698.61M	USD	Point-in-time
Amortized Cost	`InvestmentOwnedAtCost`	$698.61M	USD	Point-in-time
Debt issuance costs	`DeferredFinanceCostsNet`	$338.00K	USD	Point-in-time
Debt issuance costs	`DeferredFinanceCostsNet`	$338.00K	USD	Point-in-time
Debt issuance costs	`DeferredFinanceCostsNet`	$362.00K	USD	Point-in-time
Debt issuance costs	`DeferredFinanceCostsNet`	$362.00K	USD	Point-in-time
Fair Value	`InvestmentOwnedAtFairValue`	$686.04M	USD	Point-in-time
Fair Value	`InvestmentOwnedAtFairValue`	$686.04M	USD	Point-in-time
Fair Value	`InvestmentOwnedAtFairValue`	$739.43M	USD	Point-in-time
Fair Value	`InvestmentOwnedAtFairValue`	$739.43M	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`	$0.01	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`	$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`	$10.00	USD	Point-in-time
Total investments, at fair value (amortized cost of $751,116 and $698,613, respectively)	`Investments`	$739.43M	USD	Point-in-time
Total investments, at fair value (amortized cost of $751,116 and $698,613, respectively)	`Investments`	$739.43M	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
Total investments, at fair value (amortized cost of $751,116 and $698,613, respectively)	`Investments`	$686.04M	USD	Point-in-time
Total investments, at fair value (amortized cost of $751,116 and $698,613, respectively)	`Investments`	$686.04M	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
Cash	`Cash`	$18.56M	USD	Point-in-time
Cash	`Cash`	$18.56M	USD	Point-in-time
Common stock, Shares issued	`CommonStockSharesIssued`	100.00	shares	Point-in-time
Common stock, Shares issued	`CommonStockSharesIssued`	100.00	shares	Point-in-time
Common stock, Shares issued	`CommonStockSharesIssued`	41.51M	shares	Point-in-time
Common stock, Shares issued	`CommonStockSharesIssued`	41.51M	shares	Point-in-time
Cash	`Cash`	$19.98M	USD	Point-in-time
Cash	`Cash`	$19.98M	USD	Point-in-time
Common stock, Shares issued	`CommonStockSharesIssued`	41.51M	shares	Point-in-time
Common stock, Shares issued	`CommonStockSharesIssued`	41.51M	shares	Point-in-time
Interest receivable	`AccountsReceivableNetCurrent`	$11.26M	USD	Point-in-time
Interest receivable	`AccountsReceivableNetCurrent`	$11.26M	USD	Point-in-time
Common Stock, Shares, Outstanding	`CommonStockSharesOutstanding`	41.51M	shares	Point-in-time
Common Stock, Shares, Outstanding	`CommonStockSharesOutstanding`	41.51M	shares	Point-in-time
Common Stock, Shares, Outstanding	`CommonStockSharesOutstanding`	41.51M	shares	Point-in-time
Common Stock, Shares, Outstanding	`CommonStockSharesOutstanding`	41.51M	shares	Point-in-time
Interest receivable	`AccountsReceivableNetCurrent`	$13.33M	USD	Point-in-time
Interest receivable	`AccountsReceivableNetCurrent`	$13.33M	USD	Point-in-time
Deferred financing costs	`DeferredOfferingCosts`	$2.47M	USD	Point-in-time
Deferred financing costs	`DeferredOfferingCosts`	$2.47M	USD	Point-in-time
Deferred financing costs	`DeferredOfferingCosts`	$2.65M	USD	Point-in-time
Deferred financing costs	`DeferredOfferingCosts`	$2.65M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrentAndNoncurrent`	$416.00K	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrentAndNoncurrent`	$416.00K	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrentAndNoncurrent`	$256.00K	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrentAndNoncurrent`	$256.00K	USD	Point-in-time
Other assets	`OtherAssets`	$32.00K	USD	Point-in-time
Other assets	`OtherAssets`	$32.00K	USD	Point-in-time
Other assets	`OtherAssets`	$21.00K	USD	Point-in-time
Other assets	`OtherAssets`	$21.00K	USD	Point-in-time
Total assets	`Assets`	$720.36M	USD	Point-in-time
Total assets	`Assets`	$720.36M	USD	Point-in-time
Total assets	`Assets`	$774.08M	USD	Point-in-time
Total assets	`Assets`	$774.08M	USD	Point-in-time
Revolving credit facility payable (Note 6)	`LineOfCredit`	$295.09M	USD	Point-in-time
Revolving credit facility payable (Note 6)	`LineOfCredit`	$295.09M	USD	Point-in-time
Revolving credit facility payable (Note 6)	`LineOfCredit`	$241.67M	USD	Point-in-time
Revolving credit facility payable (Note 6)	`LineOfCredit`	$241.67M	USD	Point-in-time
Notes payable (net of debt issuance costs of $338, and $362, respectively) (Note 6)	`NotesPayable`	$49.64M	USD	Point-in-time
Notes payable (net of debt issuance costs of $338, and $362, respectively) (Note 6)	`NotesPayable`	$49.64M	USD	Point-in-time
Notes payable (net of debt issuance costs of $338, and $362, respectively) (Note 6)	`NotesPayable`	$48.77M	USD	Point-in-time
Notes payable (net of debt issuance costs of $338, and $362, respectively) (Note 6)	`NotesPayable`	$48.77M	USD	Point-in-time
Shareholder distributions payable	`DistributionPayable`	$11.22M	USD	Point-in-time
Shareholder distributions payable	`DistributionPayable`	$11.22M	USD	Point-in-time
Shareholder distributions payable	`DistributionPayable`	$14.95M	USD	Point-in-time
Shareholder distributions payable	`DistributionPayable`	$14.95M	USD	Point-in-time
Derivative contracts payable, at fair value	`DerivativeLiabilities`	$91.00K	USD	Point-in-time
Derivative contracts payable, at fair value	`DerivativeLiabilities`	$91.00K	USD	Point-in-time
Derivative contracts payable, at fair value	`DerivativeLiabilities`	-	USD	Point-in-time
Derivative contracts payable, at fair value	`DerivativeLiabilities`	-	USD	Point-in-time
Interest and credit facility fees payable	`InterestAndCreditFacilityFeesPayable`	$6.53M	USD	Point-in-time
Interest and credit facility fees payable	`InterestAndCreditFacilityFeesPayable`	$6.53M	USD	Point-in-time
Interest and credit facility fees payable	`InterestAndCreditFacilityFeesPayable`	$5.00M	USD	Point-in-time
Interest and credit facility fees payable	`InterestAndCreditFacilityFeesPayable`	$5.00M	USD	Point-in-time
Base management fees payable (Note 7)	`ManagementFeePayable`	$1.35M	USD	Point-in-time
Base management fees payable (Note 7)	`ManagementFeePayable`	$1.35M	USD	Point-in-time
Base management fees payable (Note 7)	`ManagementFeePayable`	$1.29M	USD	Point-in-time
Base management fees payable (Note 7)	`ManagementFeePayable`	$1.29M	USD	Point-in-time
Income incentive fees payable (Note 7)	`IncentiveFeePayable`	$2.00M	USD	Point-in-time
Income incentive fees payable (Note 7)	`IncentiveFeePayable`	$2.00M	USD	Point-in-time
Income incentive fees payable (Note 7)	`IncentiveFeePayable`	$2.21M	USD	Point-in-time
Income incentive fees payable (Note 7)	`IncentiveFeePayable`	$2.21M	USD	Point-in-time
Administrator expenses payable	`AdministratorExpensesPayable`	$287.00K	USD	Point-in-time
Administrator expenses payable	`AdministratorExpensesPayable`	$287.00K	USD	Point-in-time
Administrator expenses payable	`AdministratorExpensesPayable`	$339.00K	USD	Point-in-time
Administrator expenses payable	`AdministratorExpensesPayable`	$339.00K	USD	Point-in-time
Directors' fees and expenses payable (Note 9)	`DirectorSFeesAndExpensesPayable`	$82.00K	USD	Point-in-time
Directors' fees and expenses payable (Note 9)	`DirectorSFeesAndExpensesPayable`	$82.00K	USD	Point-in-time
Directors' fees and expenses payable (Note 9)	`DirectorSFeesAndExpensesPayable`	$82.00K	USD	Point-in-time
Directors' fees and expenses payable (Note 9)	`DirectorSFeesAndExpensesPayable`	$82.00K	USD	Point-in-time
Due to affiliates	`TaxesPayableCurrent`	$776.00K	USD	Point-in-time
Due to affiliates	`TaxesPayableCurrent`	$776.00K	USD	Point-in-time
Due to affiliates	`TaxesPayableCurrent`	$859.00K	USD	Point-in-time
Due to affiliates	`TaxesPayableCurrent`	$859.00K	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$1.14M	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$1.14M	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$977.00K	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$977.00K	USD	Point-in-time
Other liabilities	`OtherLiabilities`	-	USD	Point-in-time
Other liabilities	`OtherLiabilities`	-	USD	Point-in-time
Other liabilities	`OtherLiabilities`	$915.00K	USD	Point-in-time
Other liabilities	`OtherLiabilities`	$915.00K	USD	Point-in-time
Total liabilities	`Liabilities`	$317.21M	USD	Point-in-time
Total liabilities	`Liabilities`	$317.21M	USD	Point-in-time
Total liabilities	`Liabilities`	$368.06M	USD	Point-in-time
Total liabilities	`Liabilities`	$368.06M	USD	Point-in-time
Commitments and contingencies (Note 8)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 8)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 8)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 8)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Common stock, $0.01 par value; 500,000,000 shares authorized; 41,511,677 shares issued and outstanding at March 31, 2024, and 500,000,000 shares authorized; 41,505,531 shares issued and outstanding at December 31, 2023	`CommonStockValue`	$415.00K	USD	Point-in-time
Common stock, $0.01 par value; 500,000,000 shares authorized; 41,511,677 shares issued and outstanding at March 31, 2024, and 500,000,000 shares authorized; 41,505,531 shares issued and outstanding at December 31, 2023	`CommonStockValue`	$415.00K	USD	Point-in-time
Common stock, $0.01 par value; 500,000,000 shares authorized; 41,511,677 shares issued and outstanding at March 31, 2024, and 500,000,000 shares authorized; 41,505,531 shares issued and outstanding at December 31, 2023	`CommonStockValue`	$415.00K	USD	Point-in-time
Common stock, $0.01 par value; 500,000,000 shares authorized; 41,511,677 shares issued and outstanding at March 31, 2024, and 500,000,000 shares authorized; 41,505,531 shares issued and outstanding at December 31, 2023	`CommonStockValue`	$415.00K	USD	Point-in-time
Paid-in capital in excess of par value	`AdditionalPaidInCapitalCommonStock`	$414.99M	USD	Point-in-time
Paid-in capital in excess of par value	`AdditionalPaidInCapitalCommonStock`	$414.99M	USD	Point-in-time
Paid-in capital in excess of par value	`AdditionalPaidInCapitalCommonStock`	$415.05M	USD	Point-in-time
Paid-in capital in excess of par value	`AdditionalPaidInCapitalCommonStock`	$415.05M	USD	Point-in-time
Total accumulated earnings (loss)	`RetainedEarningsAccumulatedDeficit`	$-12.25M	USD	Point-in-time
Total accumulated earnings (loss)	`RetainedEarningsAccumulatedDeficit`	$-12.25M	USD	Point-in-time
Total accumulated earnings (loss)	`RetainedEarningsAccumulatedDeficit`	$-9.45M	USD	Point-in-time
Total accumulated earnings (loss)	`RetainedEarningsAccumulatedDeficit`	$-9.45M	USD	Point-in-time
Total net assets	`AssetsNet`	$403.15M	USD	Point-in-time
Total net assets	`AssetsNet`	$403.15M	USD	Point-in-time
Total net assets	`AssetsNet`	$399.64M	USD	Point-in-time
Total net assets	`AssetsNet`	$399.64M	USD	Point-in-time
Total net assets	`AssetsNet`	$406.02M	USD	Point-in-time
Total net assets	`AssetsNet`	$406.02M	USD	Point-in-time
NET ASSETS PER SHARE	`NetAssetValuePerShare`	$9.63	USD	Point-in-time
NET ASSETS PER SHARE	`NetAssetValuePerShare`	$9.63	USD	Point-in-time
NET ASSETS PER SHARE	`NetAssetValuePerShare`	$9.71	USD	Point-in-time
NET ASSETS PER SHARE	`NetAssetValuePerShare`	$9.71	USD	Point-in-time
NET ASSETS PER SHARE	`NetAssetValuePerShare`	$9.78	USD	Point-in-time
NET ASSETS PER SHARE	`NetAssetValuePerShare`	$9.78	USD	Point-in-time
NET ASSETS PER SHARE	`NetAssetValuePerShare`	$9.73	USD	Point-in-time
NET ASSETS PER SHARE	`NetAssetValuePerShare`	$9.73	USD	Point-in-time

Income Statement 108 line items

Line Item	Tag	Value	Unit	Period
Total investment income	`InvestmentIncomeNet`	$24.48M	USD	1 Quarter
Total investment income	`InvestmentIncomeNet`	$24.48M	USD	1 Quarter
Total investment income	`InvestmentIncomeNet`	$19.27M	USD	1 Quarter
Total investment income	`InvestmentIncomeNet`	$19.27M	USD	1 Quarter
Base management fees (Note 7)	`ManagementFeeExpense`	$1.26M	USD	1 Quarter
Base management fees (Note 7)	`ManagementFeeExpense`	$1.26M	USD	1 Quarter
Base management fees (Note 7)	`ManagementFeeExpense`	$1.35M	USD	1 Quarter
Base management fees (Note 7)	`ManagementFeeExpense`	$1.35M	USD	1 Quarter
Income incentive fees (Note 7)	`IncentiveFeeExpense`	$731.00K	USD	1 Quarter
Income incentive fees (Note 7)	`IncentiveFeeExpense`	$731.00K	USD	1 Quarter
Income incentive fees (Note 7)	`IncentiveFeeExpense`	$2.00M	USD	1 Quarter
Income incentive fees (Note 7)	`IncentiveFeeExpense`	$2.00M	USD	1 Quarter
Professional fees	`ProfessionalFees`	$518.00K	USD	1 Quarter
Professional fees	`ProfessionalFees`	$518.00K	USD	1 Quarter
Professional fees	`ProfessionalFees`	$630.00K	USD	1 Quarter
Professional fees	`ProfessionalFees`	$630.00K	USD	1 Quarter
Administrator expenses	`AdministrativeExpense`	$339.00K	USD	1 Quarter
Administrator expenses	`AdministrativeExpense`	$339.00K	USD	1 Quarter
Administrator expenses	`AdministrativeExpense`	$343.00K	USD	1 Quarter
Administrator expenses	`AdministrativeExpense`	$343.00K	USD	1 Quarter
Interest expenses (Note 6)	`InterestExpenseDebt`	$6.45M	USD	1 Quarter
Interest expenses (Note 6)	`InterestExpenseDebt`	$6.45M	USD	1 Quarter
Interest expenses (Note 6)	`InterestExpenseDebt`	$4.81M	USD	1 Quarter
Interest expenses (Note 6)	`InterestExpenseDebt`	$4.81M	USD	1 Quarter
Credit facility fees (Note 6)	`LineOfCreditFacilityCommitmentFeeAmount`	$1.75M	USD	1 Quarter
Credit facility fees (Note 6)	`LineOfCreditFacilityCommitmentFeeAmount`	$1.75M	USD	1 Quarter
Credit facility fees (Note 6)	`LineOfCreditFacilityCommitmentFeeAmount`	$368.00K	USD	1 Quarter
Credit facility fees (Note 6)	`LineOfCreditFacilityCommitmentFeeAmount`	$368.00K	USD	1 Quarter
Directors fees and expenses (Note 9)	`NoninterestExpenseDirectorsFees`	$80.00K	USD	1 Quarter
Directors fees and expenses (Note 9)	`NoninterestExpenseDirectorsFees`	$80.00K	USD	1 Quarter
Directors fees and expenses (Note 9)	`NoninterestExpenseDirectorsFees`	$85.00K	USD	1 Quarter
Directors fees and expenses (Note 9)	`NoninterestExpenseDirectorsFees`	$85.00K	USD	1 Quarter
Organizational expenses	`AdministratorExpenses`	$102.00K	USD	1 Quarter
Organizational expenses	`AdministratorExpenses`	$102.00K	USD	1 Quarter
Organizational expenses	`AdministratorExpenses`	$91.00K	USD	1 Quarter
Organizational expenses	`AdministratorExpenses`	$91.00K	USD	1 Quarter
Insurance expenses	`GeneralInsuranceExpense`	$98.00K	USD	1 Quarter
Insurance expenses	`GeneralInsuranceExpense`	$98.00K	USD	1 Quarter
Insurance expenses	`GeneralInsuranceExpense`	$94.00K	USD	1 Quarter
Insurance expenses	`GeneralInsuranceExpense`	$94.00K	USD	1 Quarter
Other general and administrative expenses	`OtherGeneralAndAdministrativeExpense`	$120.00K	USD	1 Quarter
Other general and administrative expenses	`OtherGeneralAndAdministrativeExpense`	$120.00K	USD	1 Quarter
Other general and administrative expenses	`OtherGeneralAndAdministrativeExpense`	$78.00K	USD	1 Quarter
Other general and administrative expenses	`OtherGeneralAndAdministrativeExpense`	$78.00K	USD	1 Quarter
Total expenses	`OperatingExpenses`	$11.49M	USD	1 Quarter
Total expenses	`OperatingExpenses`	$11.49M	USD	1 Quarter
Total expenses	`OperatingExpenses`	$9.81M	USD	1 Quarter
Total expenses	`OperatingExpenses`	$9.81M	USD	1 Quarter
Net investment income (loss)	`InvestmentIncomeOperatingAfterExpenseAndTax`	$12.98M	USD	1 Quarter
Net investment income (loss)	`InvestmentIncomeOperatingAfterExpenseAndTax`	$12.98M	USD	1 Quarter
Net investment income (loss)	`InvestmentIncomeOperatingAfterExpenseAndTax`	$9.46M	USD	1 Quarter
Net investment income (loss)	`InvestmentIncomeOperatingAfterExpenseAndTax`	$9.46M	USD	1 Quarter
Net realized gain (loss) on investments	`RealizedInvestmentGainsLosses`	$178.00K	USD	1 Quarter
Net realized gain (loss) on investments	`RealizedInvestmentGainsLosses`	$178.00K	USD	1 Quarter
Net realized gain (loss) on investments	`RealizedInvestmentGainsLosses`	-	USD	1 Quarter
Net realized gain (loss) on investments	`RealizedInvestmentGainsLosses`	-	USD	1 Quarter
Net realized gain (loss) on derivatives	`GainLossOnSaleOfDerivatives`	$-116.00K	USD	1 Quarter
Net realized gain (loss) on derivatives	`GainLossOnSaleOfDerivatives`	$-116.00K	USD	1 Quarter
Net realized gain (loss) on derivatives	`GainLossOnSaleOfDerivatives`	-	USD	1 Quarter
Net realized gain (loss) on derivatives	`GainLossOnSaleOfDerivatives`	-	USD	1 Quarter
Net realized gain (loss)	`NonoperatingGainsLosses`	-	USD	1 Quarter
Net realized gain (loss)	`NonoperatingGainsLosses`	-	USD	1 Quarter
Net realized gain (loss)	`NonoperatingGainsLosses`	$62.00K	USD	1 Quarter
Net realized gain (loss)	`NonoperatingGainsLosses`	$62.00K	USD	1 Quarter
Net change in unrealized appreciation (depreciation) on investments	`NetChangeInUnrealizedAppreciationDepreciationOnInvestments`	$-893.00K	USD	1 Quarter
Net change in unrealized appreciation (depreciation) on investments	`NetChangeInUnrealizedAppreciationDepreciationOnInvestments`	$-893.00K	USD	1 Quarter
Net change in unrealized appreciation (depreciation) on investments	`NetChangeInUnrealizedAppreciationDepreciationOnInvestments`	$4.35M	USD	1 Quarter
Net change in unrealized appreciation (depreciation) on investments	`NetChangeInUnrealizedAppreciationDepreciationOnInvestments`	$4.35M	USD	1 Quarter
Net change in unrealized appreciation (depreciation) on derivatives	`NetChangeInUnrealizedAppreciationDepreciationOnDerivatives`	-	USD	1 Quarter
Net change in unrealized appreciation (depreciation) on derivatives	`NetChangeInUnrealizedAppreciationDepreciationOnDerivatives`	-	USD	1 Quarter
Net change in unrealized appreciation (depreciation) on derivatives	`NetChangeInUnrealizedAppreciationDepreciationOnDerivatives`	$-91.00K	USD	1 Quarter
Net change in unrealized appreciation (depreciation) on derivatives	`NetChangeInUnrealizedAppreciationDepreciationOnDerivatives`	$-91.00K	USD	1 Quarter
Net change in unrealized appreciation (depreciation)	`NetChangesInUnrealizedAppreciationDepreciation`	$-984.00K	USD	1 Quarter
Net change in unrealized appreciation (depreciation)	`NetChangesInUnrealizedAppreciationDepreciation`	$-984.00K	USD	1 Quarter
Net change in unrealized appreciation (depreciation)	`NetChangesInUnrealizedAppreciationDepreciation`	-	USD	1 Quarter
Net change in unrealized appreciation (depreciation)	`NetChangesInUnrealizedAppreciationDepreciation`	-	USD	1 Quarter
Net realized and unrealized gains (losses)	`RealizedAndUnrealizedGainLossInvestmentDerivativeAndForeignCurrencyTransactionPriceChangeOperatingAfterTax`	$1.05M	USD	1 Quarter
Net realized and unrealized gains (losses)	`RealizedAndUnrealizedGainLossInvestmentDerivativeAndForeignCurrencyTransactionPriceChangeOperatingAfterTax`	$1.05M	USD	1 Quarter
Net realized and unrealized gains (losses)	`RealizedAndUnrealizedGainLossInvestmentDerivativeAndForeignCurrencyTransactionPriceChangeOperatingAfterTax`	$-4.35M	USD	1 Quarter
Net realized and unrealized gains (losses)	`RealizedAndUnrealizedGainLossInvestmentDerivativeAndForeignCurrencyTransactionPriceChangeOperatingAfterTax`	$-4.35M	USD	1 Quarter
Net increase (decrease) in net assets resulting from operations	`ProfitLoss`	$5.12M	USD	1 Quarter
Net increase (decrease) in net assets resulting from operations	`ProfitLoss`	$5.12M	USD	1 Quarter
Net increase (decrease) in net assets resulting from operations	`ProfitLoss`	$14.03M	USD	1 Quarter
Net increase (decrease) in net assets resulting from operations	`ProfitLoss`	$14.03M	USD	1 Quarter
Weighted average shares outstanding, Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	41.49M	shares	1 Quarter
Weighted average shares outstanding, Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	41.49M	shares	1 Quarter
Weighted average shares outstanding, Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	41.51M	shares	1 Quarter
Weighted average shares outstanding, Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	41.51M	shares	1 Quarter
Weighted average shares outstanding, Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	41.51M	shares	1 Quarter
Weighted average shares outstanding, Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	41.51M	shares	1 Quarter
Weighted average shares outstanding, Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	41.49M	shares	1 Quarter
Weighted average shares outstanding, Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	41.49M	shares	1 Quarter
Net investment income per share basic	`NetInvestmentIncomeLossPerShareBasic`	$0.31	USD	1 Quarter
Net investment income per share basic	`NetInvestmentIncomeLossPerShareBasic`	$0.31	USD	1 Quarter
Net investment income per share basic	`NetInvestmentIncomeLossPerShareBasic`	$0.23	USD	1 Quarter
Net investment income per share basic	`NetInvestmentIncomeLossPerShareBasic`	$0.23	USD	1 Quarter
Net investment income per share diluted	`NetInvestmentIncomeLossPerShareDiluted`	$0.31	USD	1 Quarter
Net investment income per share diluted	`NetInvestmentIncomeLossPerShareDiluted`	$0.31	USD	1 Quarter
Net investment income per share diluted	`NetInvestmentIncomeLossPerShareDiluted`	$0.23	USD	1 Quarter
Net investment income per share diluted	`NetInvestmentIncomeLossPerShareDiluted`	$0.23	USD	1 Quarter
Earnings per share basic	`EarningsPerShareBasic`	$0.12	USD	1 Quarter
Earnings per share basic	`EarningsPerShareBasic`	$0.12	USD	1 Quarter
Earnings per share basic	`EarningsPerShareBasic`	$0.34	USD	1 Quarter
Earnings per share basic	`EarningsPerShareBasic`	$0.34	USD	1 Quarter
Earnings per share diluted	`EarningsPerShareDiluted`	$0.12	USD	1 Quarter
Earnings per share diluted	`EarningsPerShareDiluted`	$0.12	USD	1 Quarter
Earnings per share diluted	`EarningsPerShareDiluted`	$0.34	USD	1 Quarter
Earnings per share diluted	`EarningsPerShareDiluted`	$0.34	USD	1 Quarter

Cash Flow Statement 140 line items

Line Item	Tag	Value	Unit	Period
Net increase (decrease) in net assets resulting from operations	`ProfitLoss`	$5.12M	USD	1 Quarter
Net increase (decrease) in net assets resulting from operations	`ProfitLoss`	$5.12M	USD	1 Quarter
Net increase (decrease) in net assets resulting from operations	`ProfitLoss`	$14.03M	USD	1 Quarter
Net increase (decrease) in net assets resulting from operations	`ProfitLoss`	$14.03M	USD	1 Quarter
Purchases of investments	`PurchasesOfInvestments`	$68.64M	USD	1 Quarter
Purchases of investments	`PurchasesOfInvestments`	$68.64M	USD	1 Quarter
Purchases of investments	`PurchasesOfInvestments`	$20.52M	USD	1 Quarter
Purchases of investments	`PurchasesOfInvestments`	$20.52M	USD	1 Quarter
Payment-in-kind and other adjustments to cost	`PaymentInKindAndOtherAdjustmentsToCost`	$624.00K	USD	1 Quarter
Payment-in-kind and other adjustments to cost	`PaymentInKindAndOtherAdjustmentsToCost`	$624.00K	USD	1 Quarter
Payment-in-kind and other adjustments to cost	`PaymentInKindAndOtherAdjustmentsToCost`	$110.00K	USD	1 Quarter
Payment-in-kind and other adjustments to cost	`PaymentInKindAndOtherAdjustmentsToCost`	$110.00K	USD	1 Quarter
Repayments of investments	`RepaymentsOfInvestments`	$17.62M	USD	1 Quarter
Repayments of investments	`RepaymentsOfInvestments`	$17.62M	USD	1 Quarter
Repayments of investments	`RepaymentsOfInvestments`	$18.49M	USD	1 Quarter
Repayments of investments	`RepaymentsOfInvestments`	$18.49M	USD	1 Quarter
Net realized (gain) loss	`RealizedInvestmentGainsLosses`	$178.00K	USD	1 Quarter
Net realized (gain) loss	`RealizedInvestmentGainsLosses`	$178.00K	USD	1 Quarter
Net realized (gain) loss	`RealizedInvestmentGainsLosses`	-	USD	1 Quarter
Net realized (gain) loss	`RealizedInvestmentGainsLosses`	-	USD	1 Quarter
Net realized (gain) loss on derivatives	`GainLossOnSaleOfDerivatives`	$-116.00K	USD	1 Quarter
Net realized (gain) loss on derivatives	`GainLossOnSaleOfDerivatives`	$-116.00K	USD	1 Quarter
Net realized (gain) loss on derivatives	`GainLossOnSaleOfDerivatives`	-	USD	1 Quarter
Net realized (gain) loss on derivatives	`GainLossOnSaleOfDerivatives`	-	USD	1 Quarter
Net payment of settlement of derivatives	`NetPaymentOfSettlementOfDerivatives`	$116.00K	USD	1 Quarter
Net payment of settlement of derivatives	`NetPaymentOfSettlementOfDerivatives`	$116.00K	USD	1 Quarter
Net change in unrealized (appreciation) depreciation on investments	`NetChangeInUnrealizedAppreciationDepreciationOnInvestments`	$-893.00K	USD	1 Quarter
Net change in unrealized (appreciation) depreciation on investments	`NetChangeInUnrealizedAppreciationDepreciationOnInvestments`	$-893.00K	USD	1 Quarter
Net change in unrealized (appreciation) depreciation on investments	`NetChangeInUnrealizedAppreciationDepreciationOnInvestments`	$4.35M	USD	1 Quarter
Net change in unrealized (appreciation) depreciation on investments	`NetChangeInUnrealizedAppreciationDepreciationOnInvestments`	$4.35M	USD	1 Quarter
Net change in unrealized (appreciation) depreciation on derivatives	`NetChangeInUnrealizedAppreciationDepreciationOnDerivatives`	-	USD	1 Quarter
Net change in unrealized (appreciation) depreciation on derivatives	`NetChangeInUnrealizedAppreciationDepreciationOnDerivatives`	-	USD	1 Quarter
Net change in unrealized (appreciation) depreciation on derivatives	`NetChangeInUnrealizedAppreciationDepreciationOnDerivatives`	$-91.00K	USD	1 Quarter
Net change in unrealized (appreciation) depreciation on derivatives	`NetChangeInUnrealizedAppreciationDepreciationOnDerivatives`	$-91.00K	USD	1 Quarter
Net unrealized (appreciation) depreciation on interest rate swap attributed to unsecured notes	`NetUnrealizedAppreciationDepreciationOnInterestRateSwapAttributedToUnsecuredNotes`	$-887.00K	USD	1 Quarter
Net unrealized (appreciation) depreciation on interest rate swap attributed to unsecured notes	`NetUnrealizedAppreciationDepreciationOnInterestRateSwapAttributedToUnsecuredNotes`	$-887.00K	USD	1 Quarter
Net amortization (accretion) on investments	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$410.00K	USD	1 Quarter
Net amortization (accretion) on investments	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$410.00K	USD	1 Quarter
Net amortization (accretion) on investments	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$678.00K	USD	1 Quarter
Net amortization (accretion) on investments	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$678.00K	USD	1 Quarter
Amortization of deferred financing costs	`AmortizationOfFinancingCosts`	$206.00K	USD	1 Quarter
Amortization of deferred financing costs	`AmortizationOfFinancingCosts`	$206.00K	USD	1 Quarter
Amortization of deferred financing costs	`AmortizationOfFinancingCosts`	$1.58M	USD	1 Quarter
Amortization of deferred financing costs	`AmortizationOfFinancingCosts`	$1.58M	USD	1 Quarter
Interest receivable	`IncreaseDecreaseInAccruedInterestReceivableNet`	$2.07M	USD	1 Quarter
Interest receivable	`IncreaseDecreaseInAccruedInterestReceivableNet`	$2.07M	USD	1 Quarter
Interest receivable	`IncreaseDecreaseInAccruedInterestReceivableNet`	$2.63M	USD	1 Quarter
Interest receivable	`IncreaseDecreaseInAccruedInterestReceivableNet`	$2.63M	USD	1 Quarter
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$-119.00K	USD	1 Quarter
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$-119.00K	USD	1 Quarter
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$-160.00K	USD	1 Quarter
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$-160.00K	USD	1 Quarter
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$61.00K	USD	1 Quarter
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$61.00K	USD	1 Quarter
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$11.00K	USD	1 Quarter
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$11.00K	USD	1 Quarter
Interest and credit facility fees payable	`IncreaseDecreaseInInterestAndCreditFacilityFeesPayable`	$1.52M	USD	1 Quarter
Interest and credit facility fees payable	`IncreaseDecreaseInInterestAndCreditFacilityFeesPayable`	$1.52M	USD	1 Quarter
Interest and credit facility fees payable	`IncreaseDecreaseInInterestAndCreditFacilityFeesPayable`	$406.00K	USD	1 Quarter
Interest and credit facility fees payable	`IncreaseDecreaseInInterestAndCreditFacilityFeesPayable`	$406.00K	USD	1 Quarter
Base management fees payable	`IncreaseDecreaseInManagementFeePayable`	$69.00K	USD	1 Quarter
Base management fees payable	`IncreaseDecreaseInManagementFeePayable`	$69.00K	USD	1 Quarter
Base management fees payable	`IncreaseDecreaseInManagementFeePayable`	$-7.00K	USD	1 Quarter
Base management fees payable	`IncreaseDecreaseInManagementFeePayable`	$-7.00K	USD	1 Quarter
Income incentive fees payable	`IncreaseDecreaseInIncentiveFeePayable`	$258.00K	USD	1 Quarter
Income incentive fees payable	`IncreaseDecreaseInIncentiveFeePayable`	$258.00K	USD	1 Quarter
Income incentive fees payable	`IncreaseDecreaseInIncentiveFeePayable`	$-203.00K	USD	1 Quarter
Income incentive fees payable	`IncreaseDecreaseInIncentiveFeePayable`	$-203.00K	USD	1 Quarter
Administrator expenses payable	`IncreaseDecreaseInAdministratorExpensesPayable`	$24.00K	USD	1 Quarter
Administrator expenses payable	`IncreaseDecreaseInAdministratorExpensesPayable`	$24.00K	USD	1 Quarter
Administrator expenses payable	`IncreaseDecreaseInAdministratorExpensesPayable`	$52.00K	USD	1 Quarter
Administrator expenses payable	`IncreaseDecreaseInAdministratorExpensesPayable`	$52.00K	USD	1 Quarter
Directors' fees and expenses payable (Note 9)	`IncreaseDecreaseInDirectorsFeesAndExpensesPayable`	-	USD	1 Quarter
Directors' fees and expenses payable (Note 9)	`IncreaseDecreaseInDirectorsFeesAndExpensesPayable`	-	USD	1 Quarter
Directors' fees and expenses payable (Note 9)	`IncreaseDecreaseInDirectorsFeesAndExpensesPayable`	$80.00K	USD	1 Quarter
Directors' fees and expenses payable (Note 9)	`IncreaseDecreaseInDirectorsFeesAndExpensesPayable`	$80.00K	USD	1 Quarter
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	-	USD	1 Quarter
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	-	USD	1 Quarter
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$915.00K	USD	1 Quarter
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$915.00K	USD	1 Quarter
Due to affiliates	`IncreaseDecreaseInDueToAffiliates`	$-12.00K	USD	1 Quarter
Due to affiliates	`IncreaseDecreaseInDueToAffiliates`	$-12.00K	USD	1 Quarter
Due to affiliates	`IncreaseDecreaseInDueToAffiliates`	$-83.00K	USD	1 Quarter
Due to affiliates	`IncreaseDecreaseInDueToAffiliates`	$-83.00K	USD	1 Quarter
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-163.00K	USD	1 Quarter
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-163.00K	USD	1 Quarter
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$4.00K	USD	1 Quarter
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$4.00K	USD	1 Quarter
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-39.95M	USD	1 Quarter
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-39.95M	USD	1 Quarter
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$6.67M	USD	1 Quarter
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$6.67M	USD	1 Quarter
Borrowings on debts	`ProceedsFromIssuanceOfDebt`	$25.11M	USD	1 Quarter
Borrowings on debts	`ProceedsFromIssuanceOfDebt`	$25.11M	USD	1 Quarter
Borrowings on debts	`ProceedsFromIssuanceOfDebt`	$78.20M	USD	1 Quarter
Borrowings on debts	`ProceedsFromIssuanceOfDebt`	$78.20M	USD	1 Quarter
Repayments of debts	`RepaymentsOfDebt`	$18.00M	USD	1 Quarter
Repayments of debts	`RepaymentsOfDebt`	$18.00M	USD	1 Quarter
Repayments of debts	`RepaymentsOfDebt`	$24.78M	USD	1 Quarter
Repayments of debts	`RepaymentsOfDebt`	$24.78M	USD	1 Quarter
Financing costs paid	`PaymentsOfFinancingCosts`	-	USD	1 Quarter
Financing costs paid	`PaymentsOfFinancingCosts`	-	USD	1 Quarter
Financing costs paid	`PaymentsOfFinancingCosts`	$1.07M	USD	1 Quarter
Financing costs paid	`PaymentsOfFinancingCosts`	$1.07M	USD	1 Quarter
Dividends paid	`PaymentsOfDividendsCommonStock`	$14.89M	USD	1 Quarter
Dividends paid	`PaymentsOfDividendsCommonStock`	$14.89M	USD	1 Quarter
Dividends paid	`PaymentsOfDividendsCommonStock`	$19.13M	USD	1 Quarter
Dividends paid	`PaymentsOfDividendsCommonStock`	$19.13M	USD	1 Quarter
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-13.08M	USD	1 Quarter
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-13.08M	USD	1 Quarter
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$38.53M	USD	1 Quarter
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$38.53M	USD	1 Quarter
Net increase (decrease) in cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$-1.42M	USD	1 Quarter
Net increase (decrease) in cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$-1.42M	USD	1 Quarter
Net increase (decrease) in cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$-6.41M	USD	1 Quarter
Net increase (decrease) in cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$-6.41M	USD	1 Quarter
Cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$20.42M	USD	Point-in-time
Cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$20.42M	USD	Point-in-time
Cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$14.00M	USD	Point-in-time
Cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$14.00M	USD	Point-in-time
Cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$18.56M	USD	Point-in-time
Cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$18.56M	USD	Point-in-time
Cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$19.98M	USD	Point-in-time
Cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$19.98M	USD	Point-in-time
Cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$20.42M	USD	Point-in-time
Cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$20.42M	USD	Point-in-time
Cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$14.00M	USD	Point-in-time
Cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$14.00M	USD	Point-in-time
Cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$18.56M	USD	Point-in-time
Cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$18.56M	USD	Point-in-time
Cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$19.98M	USD	Point-in-time
Cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$19.98M	USD	Point-in-time
Cash paid during the period for interest	`InterestPaidNet`	$4.57M	USD	1 Quarter
Cash paid during the period for interest	`InterestPaidNet`	$4.57M	USD	1 Quarter
Cash paid during the period for interest	`InterestPaidNet`	$5.06M	USD	1 Quarter
Cash paid during the period for interest	`InterestPaidNet`	$5.06M	USD	1 Quarter
Distributions reinvested	`DistributionsReinvested`	$61.00K	USD	1 Quarter
Distributions reinvested	`DistributionsReinvested`	$61.00K	USD	1 Quarter
Distributions reinvested	`DistributionsReinvested`	$72.00K	USD	1 Quarter
Distributions reinvested	`DistributionsReinvested`	$72.00K	USD	1 Quarter

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