10-Q Filing

DIAMETER CREDIT CO CIK: 1916099 Q1 2025

Filing Information

Form Type	10-Q
Accession Number	`0000950170-25-067944`
Period End Date	20250331
Filing Date	20250509
Fiscal Year	2025
Fiscal Period	Q1
XBRL Instance	ck0001916099-20250331_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 136 Income Statement 104 Cash Flow Statement 114

Balance Sheet 136 line items

Line Item	Tag	Value	Unit	Period
Amortized cost	`InvestmentOwnedAtCost`	$1.21B	USD	Point-in-time
Amortized cost	`InvestmentOwnedAtCost`	$1.21B	USD	Point-in-time
Amortized cost	`InvestmentOwnedAtCost`	$1.53B	USD	Point-in-time
Amortized cost	`InvestmentOwnedAtCost`	$1.53B	USD	Point-in-time
Restricted cash	`RestrictedCash`	$90.31M	USD	Point-in-time
Restricted cash	`RestrictedCash`	$90.31M	USD	Point-in-time
Restricted cash	`RestrictedCash`	$32.66M	USD	Point-in-time
Restricted cash	`RestrictedCash`	$32.66M	USD	Point-in-time
Common stock per share par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock per share par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Non-controlled/non-affiliated investments (amortized cost of $1,526,647 and $1,207,142 at March 31, 2025 and December 31, 2024, respectively)	`InvestmentOwnedAtFairValue`	$1.22B	USD	Point-in-time
Non-controlled/non-affiliated investments (amortized cost of $1,526,647 and $1,207,142 at March 31, 2025 and December 31, 2024, respectively)	`InvestmentOwnedAtFairValue`	$1.22B	USD	Point-in-time
Common stock per share par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock per share par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Non-controlled/non-affiliated investments (amortized cost of $1,526,647 and $1,207,142 at March 31, 2025 and December 31, 2024, respectively)	`InvestmentOwnedAtFairValue`	$1.54B	USD	Point-in-time
Non-controlled/non-affiliated investments (amortized cost of $1,526,647 and $1,207,142 at March 31, 2025 and December 31, 2024, respectively)	`InvestmentOwnedAtFairValue`	$1.54B	USD	Point-in-time
Cash and cash equivalents (restricted cash of $32,679 and $90,308 at March 31, 2025 and December 31, 2024, respectively)	`CashAndCashEquivalentsAtCarryingValue`	$47.17M	USD	Point-in-time
Cash and cash equivalents (restricted cash of $32,679 and $90,308 at March 31, 2025 and December 31, 2024, respectively)	`CashAndCashEquivalentsAtCarryingValue`	$47.17M	USD	Point-in-time
Cash and cash equivalents (restricted cash of $32,679 and $90,308 at March 31, 2025 and December 31, 2024, respectively)	`CashAndCashEquivalentsAtCarryingValue`	$104.38M	USD	Point-in-time
Cash and cash equivalents (restricted cash of $32,679 and $90,308 at March 31, 2025 and December 31, 2024, respectively)	`CashAndCashEquivalentsAtCarryingValue`	$104.38M	USD	Point-in-time
Receivable for investments sold	`OtherReceivablesFromBrokerDealersAndClearingOrganizations`	$23.45M	USD	Point-in-time
Receivable for investments sold	`OtherReceivablesFromBrokerDealersAndClearingOrganizations`	$23.45M	USD	Point-in-time
Receivable for investments sold	`OtherReceivablesFromBrokerDealersAndClearingOrganizations`	$11.46M	USD	Point-in-time
Receivable for investments sold	`OtherReceivablesFromBrokerDealersAndClearingOrganizations`	$11.46M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	22.89M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	22.89M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	25.54M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	25.54M	shares	Point-in-time
Interest receivable	`InterestReceivable`	$8.45M	USD	Point-in-time
Interest receivable	`InterestReceivable`	$8.45M	USD	Point-in-time
Interest receivable	`InterestReceivable`	$7.29M	USD	Point-in-time
Interest receivable	`InterestReceivable`	$7.29M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	22.89M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	22.89M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	25.54M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	25.54M	shares	Point-in-time
Dividends receivable	`DividendsReceivable`	$103.00K	USD	Point-in-time
Dividends receivable	`DividendsReceivable`	$103.00K	USD	Point-in-time
Dividends receivable	`DividendsReceivable`	$1.15M	USD	Point-in-time
Dividends receivable	`DividendsReceivable`	$1.15M	USD	Point-in-time
Deferred financing costs	`DeferredFinanceCostsNet`	$2.64M	USD	Point-in-time
Deferred financing costs	`DeferredFinanceCostsNet`	$2.64M	USD	Point-in-time
Deferred financing costs	`DeferredFinanceCostsNet`	$6.04M	USD	Point-in-time
Deferred financing costs	`DeferredFinanceCostsNet`	$6.04M	USD	Point-in-time
Deferred offering costs	`DeferredOfferingCosts`	$26.00K	USD	Point-in-time
Deferred offering costs	`DeferredOfferingCosts`	$26.00K	USD	Point-in-time
Deferred offering costs	`DeferredOfferingCosts`	$3.00K	USD	Point-in-time
Deferred offering costs	`DeferredOfferingCosts`	$3.00K	USD	Point-in-time
Other assets	`OtherAssets`	$25.00K	USD	Point-in-time
Other assets	`OtherAssets`	$25.00K	USD	Point-in-time
Other assets	`OtherAssets`	$25.00K	USD	Point-in-time
Other assets	`OtherAssets`	$25.00K	USD	Point-in-time
Total Assets	`Assets`	$1.36B	USD	Point-in-time
Total Assets	`Assets`	$1.36B	USD	Point-in-time
Total Assets	`Assets`	$1.62B	USD	Point-in-time
Total Assets	`Assets`	$1.62B	USD	Point-in-time
Revolving Credit Facilities	`DebtLongtermAndShorttermCombinedAmount`	$707.50M	USD	Point-in-time
Revolving Credit Facilities	`DebtLongtermAndShorttermCombinedAmount`	$707.50M	USD	Point-in-time
Revolving Credit Facilities	`DebtLongtermAndShorttermCombinedAmount`	$495.30M	USD	Point-in-time
Revolving Credit Facilities	`DebtLongtermAndShorttermCombinedAmount`	$495.30M	USD	Point-in-time
Repurchase Obligations	`SecuritiesSoldUnderAgreementsToRepurchase`	$144.05M	USD	Point-in-time
Repurchase Obligations	`SecuritiesSoldUnderAgreementsToRepurchase`	$144.05M	USD	Point-in-time
Repurchase Obligations	`SecuritiesSoldUnderAgreementsToRepurchase`	$177.32M	USD	Point-in-time
Repurchase Obligations	`SecuritiesSoldUnderAgreementsToRepurchase`	$177.32M	USD	Point-in-time
Distributions payable	`DistributionPayable`	$15.96M	USD	Point-in-time
Distributions payable	`DistributionPayable`	$15.96M	USD	Point-in-time
Distributions payable	`DistributionPayable`	$18.89M	USD	Point-in-time
Distributions payable	`DistributionPayable`	$18.89M	USD	Point-in-time
Payable for investments purchased	`OtherPayablesToBrokerDealersAndClearingOrganizations`	$43.16M	USD	Point-in-time
Payable for investments purchased	`OtherPayablesToBrokerDealersAndClearingOrganizations`	$43.16M	USD	Point-in-time
Payable for investments purchased	`OtherPayablesToBrokerDealersAndClearingOrganizations`	$43.29M	USD	Point-in-time
Payable for investments purchased	`OtherPayablesToBrokerDealersAndClearingOrganizations`	$43.29M	USD	Point-in-time
Interest payable	`InterestPayableCurrentAndNoncurrent`	$7.83M	USD	Point-in-time
Interest payable	`InterestPayableCurrentAndNoncurrent`	$7.83M	USD	Point-in-time
Interest payable	`InterestPayableCurrentAndNoncurrent`	$9.29M	USD	Point-in-time
Interest payable	`InterestPayableCurrentAndNoncurrent`	$9.29M	USD	Point-in-time
Management Fees payable	`ManagementFeePayable`	$1.71M	USD	Point-in-time
Management Fees payable	`ManagementFeePayable`	$1.71M	USD	Point-in-time
Management Fees payable	`ManagementFeePayable`	$2.29M	USD	Point-in-time
Management Fees payable	`ManagementFeePayable`	$2.29M	USD	Point-in-time
Preferred shareholders dividends payable	`DividendsPayableCurrentAndNoncurrent`	-	USD	Point-in-time
Preferred shareholders dividends payable	`DividendsPayableCurrentAndNoncurrent`	-	USD	Point-in-time
Preferred shareholders dividends payable	`DividendsPayableCurrentAndNoncurrent`	$45.00K	USD	Point-in-time
Preferred shareholders dividends payable	`DividendsPayableCurrentAndNoncurrent`	$45.00K	USD	Point-in-time
Board of Trustees' fees payable	`IncentiveFeePayable`	$53.00K	USD	Point-in-time
Board of Trustees' fees payable	`IncentiveFeePayable`	$53.00K	USD	Point-in-time
Board of Trustees' fees payable	`IncentiveFeePayable`	$50.00K	USD	Point-in-time
Board of Trustees' fees payable	`IncentiveFeePayable`	$50.00K	USD	Point-in-time
Accrued expenses and other liabilities	`AccruedLiabilitiesAndOtherLiabilities`	-	USD	Point-in-time
Accrued expenses and other liabilities	`AccruedLiabilitiesAndOtherLiabilities`	-	USD	Point-in-time
Accrued expenses and other liabilities	`AccruedLiabilitiesAndOtherLiabilities`	$832.00K	USD	Point-in-time
Accrued expenses and other liabilities	`AccruedLiabilitiesAndOtherLiabilities`	$832.00K	USD	Point-in-time
Total Liabilities	`Liabilities`	$746.26M	USD	Point-in-time
Total Liabilities	`Liabilities`	$746.26M	USD	Point-in-time
Total Liabilities	`Liabilities`	$925.41M	USD	Point-in-time
Total Liabilities	`Liabilities`	$925.41M	USD	Point-in-time
Commitments and contingencies (Note 7)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 7)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 7)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 7)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Series A Preferred Shares, $0.001 par value; unlimited shares authorized; 500 shares issued and outstanding; liquidation preference of $3,000 per share	`TemporaryEquityCarryingAmountAttributableToParent`	$1.50M	USD	Point-in-time
Series A Preferred Shares, $0.001 par value; unlimited shares authorized; 500 shares issued and outstanding; liquidation preference of $3,000 per share	`TemporaryEquityCarryingAmountAttributableToParent`	$1.50M	USD	Point-in-time
Series A Preferred Shares, $0.001 par value; unlimited shares authorized; 500 shares issued and outstanding; liquidation preference of $3,000 per share	`TemporaryEquityCarryingAmountAttributableToParent`	$1.50M	USD	Point-in-time
Series A Preferred Shares, $0.001 par value; unlimited shares authorized; 500 shares issued and outstanding; liquidation preference of $3,000 per share	`TemporaryEquityCarryingAmountAttributableToParent`	$1.50M	USD	Point-in-time
Common Shares, $0.001 par value; unlimited shares authorized; 25,535,954 and 22,890,180 shares issued and outstanding at March 31, 2025 and December 31, 2024, respectively	`CommonStockValue`	$26.00K	USD	Point-in-time
Common Shares, $0.001 par value; unlimited shares authorized; 25,535,954 and 22,890,180 shares issued and outstanding at March 31, 2025 and December 31, 2024, respectively	`CommonStockValue`	$26.00K	USD	Point-in-time
Common Shares, $0.001 par value; unlimited shares authorized; 25,535,954 and 22,890,180 shares issued and outstanding at March 31, 2025 and December 31, 2024, respectively	`CommonStockValue`	$23.00K	USD	Point-in-time
Common Shares, $0.001 par value; unlimited shares authorized; 25,535,954 and 22,890,180 shares issued and outstanding at March 31, 2025 and December 31, 2024, respectively	`CommonStockValue`	$23.00K	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapitalCommonStock`	$595.50M	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapitalCommonStock`	$595.50M	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapitalCommonStock`	$667.75M	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapitalCommonStock`	$667.75M	USD	Point-in-time
Distributable earnings	`RetainedEarningsAccumulatedDeficit`	$12.23M	USD	Point-in-time
Distributable earnings	`RetainedEarningsAccumulatedDeficit`	$12.23M	USD	Point-in-time
Distributable earnings	`RetainedEarningsAccumulatedDeficit`	$23.16M	USD	Point-in-time
Distributable earnings	`RetainedEarningsAccumulatedDeficit`	$23.16M	USD	Point-in-time
Total Net Assets Applicable to Common Shares	`StockholdersEquity`	$654.00K	USD	Point-in-time
Total Net Assets Applicable to Common Shares	`StockholdersEquity`	$654.00K	USD	Point-in-time
Total Net Assets Applicable to Common Shares	`StockholdersEquity`	$122.62M	USD	Point-in-time
Total Net Assets Applicable to Common Shares	`StockholdersEquity`	$122.62M	USD	Point-in-time
Total Net Assets Applicable to Common Shares	`StockholdersEquity`	$690.93M	USD	Point-in-time
Total Net Assets Applicable to Common Shares	`StockholdersEquity`	$690.93M	USD	Point-in-time
Total Net Assets Applicable to Common Shares	`StockholdersEquity`	$607.76M	USD	Point-in-time
Total Net Assets Applicable to Common Shares	`StockholdersEquity`	$607.76M	USD	Point-in-time
Total Liabilities, Series A Preferred Shares and Net Assets Applicable to Common Shares	`LiabilitiesAndStockholdersEquity`	$1.36B	USD	Point-in-time
Total Liabilities, Series A Preferred Shares and Net Assets Applicable to Common Shares	`LiabilitiesAndStockholdersEquity`	$1.36B	USD	Point-in-time
Total Liabilities, Series A Preferred Shares and Net Assets Applicable to Common Shares	`LiabilitiesAndStockholdersEquity`	$1.62B	USD	Point-in-time
Total Liabilities, Series A Preferred Shares and Net Assets Applicable to Common Shares	`LiabilitiesAndStockholdersEquity`	$1.62B	USD	Point-in-time
Net Asset Value Per Common Share	`NetAssetValuePerShare`	$27.06	USD	Point-in-time
Net Asset Value Per Common Share	`NetAssetValuePerShare`	$27.06	USD	Point-in-time
Net Asset Value Per Common Share	`NetAssetValuePerShare`	$10.90	USD	Point-in-time
Net Asset Value Per Common Share	`NetAssetValuePerShare`	$10.90	USD	Point-in-time
Net Asset Value Per Common Share	`NetAssetValuePerShare`	$26.55	USD	Point-in-time
Net Asset Value Per Common Share	`NetAssetValuePerShare`	$26.55	USD	Point-in-time
Net Asset Value Per Common Share	`NetAssetValuePerShare`	$25.33	USD	Point-in-time
Net Asset Value Per Common Share	`NetAssetValuePerShare`	$25.33	USD	Point-in-time

Income Statement 104 line items

Line Item	Tag	Value	Unit	Period
Interest income	`InterestIncomeOperatingPaidInCash`	$3.95M	USD	1 Quarter
Interest income	`InterestIncomeOperatingPaidInCash`	$3.95M	USD	1 Quarter
Interest income	`InterestIncomeOperatingPaidInCash`	$33.08M	USD	1 Quarter
Interest income	`InterestIncomeOperatingPaidInCash`	$33.08M	USD	1 Quarter
Dividend income	`DividendIncomeOperatingPaidInCash`	$2.17M	USD	1 Quarter
Dividend income	`DividendIncomeOperatingPaidInCash`	$2.17M	USD	1 Quarter
Dividend income	`DividendIncomeOperatingPaidInCash`	-	USD	1 Quarter
Dividend income	`DividendIncomeOperatingPaidInCash`	-	USD	1 Quarter
Fee income	`FeeIncome`	-	USD	1 Quarter
Fee income	`FeeIncome`	-	USD	1 Quarter
Fee income	`FeeIncome`	$27.00K	USD	1 Quarter
Fee income	`FeeIncome`	$27.00K	USD	1 Quarter
Total investment income	`GrossInvestmentIncomeOperating`	$3.95M	USD	1 Quarter
Total investment income	`GrossInvestmentIncomeOperating`	$3.95M	USD	1 Quarter
Total investment income	`GrossInvestmentIncomeOperating`	$35.28M	USD	1 Quarter
Total investment income	`GrossInvestmentIncomeOperating`	$35.28M	USD	1 Quarter
Interest expense	`InterestExpenseOperating`	$815.00K	USD	1 Quarter
Interest expense	`InterestExpenseOperating`	$815.00K	USD	1 Quarter
Interest expense	`InterestExpenseOperating`	$13.37M	USD	1 Quarter
Interest expense	`InterestExpenseOperating`	$13.37M	USD	1 Quarter
Management Fees	`ManagementFeeExpense`	$386.00K	USD	1 Quarter
Management Fees	`ManagementFeeExpense`	$386.00K	USD	1 Quarter
Management Fees	`ManagementFeeExpense`	$4.58M	USD	1 Quarter
Management Fees	`ManagementFeeExpense`	$4.58M	USD	1 Quarter
Income based Incentive Fees	`IncentiveFeeExpense`	$2.61M	USD	1 Quarter
Income based Incentive Fees	`IncentiveFeeExpense`	$2.61M	USD	1 Quarter
Income based Incentive Fees	`IncentiveFeeExpense`	$523.00K	USD	1 Quarter
Income based Incentive Fees	`IncentiveFeeExpense`	$523.00K	USD	1 Quarter
Administrative services	`AdministrativeFeesExpense`	$495.00K	USD	1 Quarter
Administrative services	`AdministrativeFeesExpense`	$495.00K	USD	1 Quarter
Administrative services	`AdministrativeFeesExpense`	$604.00K	USD	1 Quarter
Administrative services	`AdministrativeFeesExpense`	$604.00K	USD	1 Quarter
Professional fees	`ProfessionalFees`	$494.00K	USD	1 Quarter
Professional fees	`ProfessionalFees`	$494.00K	USD	1 Quarter
Professional fees	`ProfessionalFees`	$445.00K	USD	1 Quarter
Professional fees	`ProfessionalFees`	$445.00K	USD	1 Quarter
Other general and administrative	`OtherGeneralAndAdministrativeExpense`	$231.00K	USD	1 Quarter
Other general and administrative	`OtherGeneralAndAdministrativeExpense`	$231.00K	USD	1 Quarter
Other general and administrative	`OtherGeneralAndAdministrativeExpense`	$641.00K	USD	1 Quarter
Other general and administrative	`OtherGeneralAndAdministrativeExpense`	$641.00K	USD	1 Quarter
Total Operating Expenses	`OperatingExpenses`	$22.37M	USD	1 Quarter
Total Operating Expenses	`OperatingExpenses`	$22.37M	USD	1 Quarter
Total Operating Expenses	`OperatingExpenses`	$3.11M	USD	1 Quarter
Total Operating Expenses	`OperatingExpenses`	$3.11M	USD	1 Quarter
Management Fees waived	`InvestmentCompanyContractualFeeWaived`	$193.00K	USD	1 Quarter
Management Fees waived	`InvestmentCompanyContractualFeeWaived`	$193.00K	USD	1 Quarter
Management Fees waived	`InvestmentCompanyContractualFeeWaived`	$2.29M	USD	1 Quarter
Management Fees waived	`InvestmentCompanyContractualFeeWaived`	$2.29M	USD	1 Quarter
Net Operating Expenses	`InvestmentCompanyExpenseAfterReductionOfFeeWaiverAndReimbursement`	$17.47M	USD	1 Quarter
Net Operating Expenses	`InvestmentCompanyExpenseAfterReductionOfFeeWaiverAndReimbursement`	$17.47M	USD	1 Quarter
Net Operating Expenses	`InvestmentCompanyExpenseAfterReductionOfFeeWaiverAndReimbursement`	$420.00K	USD	1 Quarter
Net Operating Expenses	`InvestmentCompanyExpenseAfterReductionOfFeeWaiverAndReimbursement`	$420.00K	USD	1 Quarter
Net Investment Income before excise and other tax expense	`NetInvestmentIncome`	$17.81M	USD	1 Quarter
Net Investment Income before excise and other tax expense	`NetInvestmentIncome`	$17.81M	USD	1 Quarter
Net Investment Income before excise and other tax expense	`NetInvestmentIncome`	$3.53M	USD	1 Quarter
Net Investment Income before excise and other tax expense	`NetInvestmentIncome`	$3.53M	USD	1 Quarter
Excise and other tax expense	`InvestmentIncomeOperatingTaxExpenseBenefit`	-	USD	1 Quarter
Excise and other tax expense	`InvestmentIncomeOperatingTaxExpenseBenefit`	-	USD	1 Quarter
Excise and other tax expense	`InvestmentIncomeOperatingTaxExpenseBenefit`	$351.00K	USD	1 Quarter
Excise and other tax expense	`InvestmentIncomeOperatingTaxExpenseBenefit`	$351.00K	USD	1 Quarter
Net investment income after excise and other tax expense	`InvestmentIncomeOperatingAfterExpenseAndTax`	$3.53M	USD	1 Quarter
Net investment income after excise and other tax expense	`InvestmentIncomeOperatingAfterExpenseAndTax`	$3.53M	USD	1 Quarter
Net investment income after excise and other tax expense	`InvestmentIncomeOperatingAfterExpenseAndTax`	$17.46M	USD	1 Quarter
Net investment income after excise and other tax expense	`InvestmentIncomeOperatingAfterExpenseAndTax`	$17.46M	USD	1 Quarter
Net realized gain	`RealizedInvestmentGainsLosses`	$710.00K	USD	1 Quarter
Net realized gain	`RealizedInvestmentGainsLosses`	$710.00K	USD	1 Quarter
Net realized gain	`RealizedInvestmentGainsLosses`	-	USD	1 Quarter
Net realized gain	`RealizedInvestmentGainsLosses`	-	USD	1 Quarter
Net change in unrealized appreciation	`UnrealizedGainLossOnInvestments`	$584.00K	USD	1 Quarter
Net change in unrealized appreciation	`UnrealizedGainLossOnInvestments`	$584.00K	USD	1 Quarter
Net change in unrealized appreciation	`UnrealizedGainLossOnInvestments`	$8.77M	USD	1 Quarter
Net change in unrealized appreciation	`UnrealizedGainLossOnInvestments`	$8.77M	USD	1 Quarter
Net Realized and Unrealized Gain	`GainLossOnInvestments`	$584.00K	USD	1 Quarter
Net Realized and Unrealized Gain	`GainLossOnInvestments`	$584.00K	USD	1 Quarter
Net Realized and Unrealized Gain	`GainLossOnInvestments`	$9.48M	USD	1 Quarter
Net Realized and Unrealized Gain	`GainLossOnInvestments`	$9.48M	USD	1 Quarter
Net Increase in Net Assets Resulting from Operations	`NetIncomeLoss`	$4.11M	USD	1 Quarter
Net Increase in Net Assets Resulting from Operations	`NetIncomeLoss`	$4.11M	USD	1 Quarter
Net Increase in Net Assets Resulting from Operations	`NetIncomeLoss`	$26.94M	USD	1 Quarter
Net Increase in Net Assets Resulting from Operations	`NetIncomeLoss`	$26.94M	USD	1 Quarter
Series A Preferred Shares dividends	`DividendsPreferredStockStock`	$45.00K	USD	1 Quarter
Series A Preferred Shares dividends	`DividendsPreferredStockStock`	$45.00K	USD	1 Quarter
Series A Preferred Shares dividends	`DividendsPreferredStockStock`	$45.00K	USD	1 Quarter
Series A Preferred Shares dividends	`DividendsPreferredStockStock`	$45.00K	USD	1 Quarter
Net Increase in Net Assets Resulting from Operations Applicable to Common Shareholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$26.89M	USD	1 Quarter
Net Increase in Net Assets Resulting from Operations Applicable to Common Shareholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$26.89M	USD	1 Quarter
Net Increase in Net Assets Resulting from Operations Applicable to Common Shareholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$4.07M	USD	1 Quarter
Net Increase in Net Assets Resulting from Operations Applicable to Common Shareholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$4.07M	USD	1 Quarter
Earnings per share, basic	`EarningsPerShareBasic`	$1.12	USD	1 Quarter
Earnings per share, basic	`EarningsPerShareBasic`	$1.12	USD	1 Quarter
Earnings per share, basic	`EarningsPerShareBasic`	$1.22	USD	1 Quarter
Earnings per share, basic	`EarningsPerShareBasic`	$1.22	USD	1 Quarter
Earnings per share, diluted	`EarningsPerShareDiluted`	$1.22	USD	1 Quarter
Earnings per share, diluted	`EarningsPerShareDiluted`	$1.22	USD	1 Quarter
Earnings per share, diluted	`EarningsPerShareDiluted`	$1.12	USD	1 Quarter
Earnings per share, diluted	`EarningsPerShareDiluted`	$1.12	USD	1 Quarter
Weighted average shares of Common Shares outstanding, basic	`WeightedAverageNumberOfSharesOutstandingBasic`	3.33M	shares	1 Quarter
Weighted average shares of Common Shares outstanding, basic	`WeightedAverageNumberOfSharesOutstandingBasic`	3.33M	shares	1 Quarter
Weighted average shares of Common Shares outstanding, basic	`WeightedAverageNumberOfSharesOutstandingBasic`	23.97M	shares	1 Quarter
Weighted average shares of Common Shares outstanding, basic	`WeightedAverageNumberOfSharesOutstandingBasic`	23.97M	shares	1 Quarter
Weighted average shares of Common Shares outstanding, diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	23.97M	shares	1 Quarter
Weighted average shares of Common Shares outstanding, diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	23.97M	shares	1 Quarter
Weighted average shares of Common Shares outstanding, diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	3.33M	shares	1 Quarter
Weighted average shares of Common Shares outstanding, diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	3.33M	shares	1 Quarter

Cash Flow Statement 114 line items

Line Item	Tag	Value	Unit	Period
Deferred offering costs	`PaymentsOfStockIssuanceCosts`	$174.00K	USD	1 Quarter
Deferred offering costs	`PaymentsOfStockIssuanceCosts`	$174.00K	USD	1 Quarter
Deferred offering costs	`PaymentsOfStockIssuanceCosts`	-	USD	1 Quarter
Deferred offering costs	`PaymentsOfStockIssuanceCosts`	-	USD	1 Quarter
Net increase in net assets resulting from operations	`NetIncomeLoss`	$4.11M	USD	1 Quarter
Net increase in net assets resulting from operations	`NetIncomeLoss`	$4.11M	USD	1 Quarter
Net increase in net assets resulting from operations	`NetIncomeLoss`	$26.94M	USD	1 Quarter
Net increase in net assets resulting from operations	`NetIncomeLoss`	$26.94M	USD	1 Quarter
Purchases of investments	`PaymentsForPurchaseOfInvestmentOperatingActivity`	$193.04M	USD	1 Quarter
Purchases of investments	`PaymentsForPurchaseOfInvestmentOperatingActivity`	$193.04M	USD	1 Quarter
Purchases of investments	`PaymentsForPurchaseOfInvestmentOperatingActivity`	$355.39M	USD	1 Quarter
Purchases of investments	`PaymentsForPurchaseOfInvestmentOperatingActivity`	$355.39M	USD	1 Quarter
Proceeds from principal repayments and sales of investments	`ProceedsFromDispositionOfInvestmentOperatingActivity`	$26.50M	USD	1 Quarter
Proceeds from principal repayments and sales of investments	`ProceedsFromDispositionOfInvestmentOperatingActivity`	$26.50M	USD	1 Quarter
Proceeds from principal repayments and sales of investments	`ProceedsFromDispositionOfInvestmentOperatingActivity`	$38.51M	USD	1 Quarter
Proceeds from principal repayments and sales of investments	`ProceedsFromDispositionOfInvestmentOperatingActivity`	$38.51M	USD	1 Quarter
Net realized (gain) on investments	`RealizedInvestmentGainsLosses`	$710.00K	USD	1 Quarter
Net realized (gain) on investments	`RealizedInvestmentGainsLosses`	$710.00K	USD	1 Quarter
Net realized (gain) on investments	`RealizedInvestmentGainsLosses`	-	USD	1 Quarter
Net realized (gain) on investments	`RealizedInvestmentGainsLosses`	-	USD	1 Quarter
Net unrealized (gain) on investments	`UnrealizedGainLossOnInvestments`	$584.00K	USD	1 Quarter
Net unrealized (gain) on investments	`UnrealizedGainLossOnInvestments`	$584.00K	USD	1 Quarter
Net unrealized (gain) on investments	`UnrealizedGainLossOnInvestments`	$8.77M	USD	1 Quarter
Net unrealized (gain) on investments	`UnrealizedGainLossOnInvestments`	$8.77M	USD	1 Quarter
Accretion of discounts	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$1.30M	USD	1 Quarter
Accretion of discounts	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$1.30M	USD	1 Quarter
Accretion of discounts	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$89.00K	USD	1 Quarter
Accretion of discounts	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$89.00K	USD	1 Quarter
Amortization of deferred financing costs	`AmortizationOfFinancingCosts`	$101.00K	USD	1 Quarter
Amortization of deferred financing costs	`AmortizationOfFinancingCosts`	$101.00K	USD	1 Quarter
Amortization of deferred financing costs	`AmortizationOfFinancingCosts`	$440.00K	USD	1 Quarter
Amortization of deferred financing costs	`AmortizationOfFinancingCosts`	$440.00K	USD	1 Quarter
Receivable for investments sold	`IncreaseDecreaseInReceivableForInvestmentSold`	$-12.00M	USD	1 Quarter
Receivable for investments sold	`IncreaseDecreaseInReceivableForInvestmentSold`	$-12.00M	USD	1 Quarter
Interest receivable	`IncreaseDecreaseInAccruedInterestReceivableNet`	$-1.16M	USD	1 Quarter
Interest receivable	`IncreaseDecreaseInAccruedInterestReceivableNet`	$-1.16M	USD	1 Quarter
Interest receivable	`IncreaseDecreaseInAccruedInterestReceivableNet`	$982.00K	USD	1 Quarter
Interest receivable	`IncreaseDecreaseInAccruedInterestReceivableNet`	$982.00K	USD	1 Quarter
Dividends receivable	`IncreaseDecreaseInDividendsReceivable`	$1.04M	USD	1 Quarter
Dividends receivable	`IncreaseDecreaseInDividendsReceivable`	$1.04M	USD	1 Quarter
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$-8.00K	USD	1 Quarter
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$-8.00K	USD	1 Quarter
Payable for investments purchased	`IncreaseDecreaseInPayableForInvestmentPurchased`	$-134.00K	USD	1 Quarter
Payable for investments purchased	`IncreaseDecreaseInPayableForInvestmentPurchased`	$-134.00K	USD	1 Quarter
Interest payable	`IncreaseDecreaseInInterestPayableNet`	$1.46M	USD	1 Quarter
Interest payable	`IncreaseDecreaseInInterestPayableNet`	$1.46M	USD	1 Quarter
Interest payable	`IncreaseDecreaseInInterestPayableNet`	$601.00K	USD	1 Quarter
Interest payable	`IncreaseDecreaseInInterestPayableNet`	$601.00K	USD	1 Quarter
Management Fees payable	`IncreaseDecreaseInManagementFeePayable`	$193.00K	USD	1 Quarter
Management Fees payable	`IncreaseDecreaseInManagementFeePayable`	$193.00K	USD	1 Quarter
Management Fees payable	`IncreaseDecreaseInManagementFeePayable`	$580.00K	USD	1 Quarter
Management Fees payable	`IncreaseDecreaseInManagementFeePayable`	$580.00K	USD	1 Quarter
Due to affiliates	`IncreaseDecreaseInDueToAffiliates`	$705.00K	USD	1 Quarter
Due to affiliates	`IncreaseDecreaseInDueToAffiliates`	$705.00K	USD	1 Quarter
Due to affiliates	`IncreaseDecreaseInDueToAffiliates`	$362.00K	USD	1 Quarter
Due to affiliates	`IncreaseDecreaseInDueToAffiliates`	$362.00K	USD	1 Quarter
Accrued expenses and other liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$832.00K	USD	1 Quarter
Accrued expenses and other liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$832.00K	USD	1 Quarter
Accrued expenses and other liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$-1.14M	USD	1 Quarter
Accrued expenses and other liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$-1.14M	USD	1 Quarter
Net Cash Used in Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$-285.66M	USD	1 Quarter
Net Cash Used in Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$-285.66M	USD	1 Quarter
Net Cash Used in Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$-163.46M	USD	1 Quarter
Net Cash Used in Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$-163.46M	USD	1 Quarter
Proceeds from Repurchase Obligations	`ProceedsFromPaymentsForInSecuritiesSoldUnderAgreementsToRepurchase`	$39.40M	USD	1 Quarter
Proceeds from Repurchase Obligations	`ProceedsFromPaymentsForInSecuritiesSoldUnderAgreementsToRepurchase`	$39.40M	USD	1 Quarter
Proceeds from Repurchase Obligations	`ProceedsFromPaymentsForInSecuritiesSoldUnderAgreementsToRepurchase`	$19.60M	USD	1 Quarter
Proceeds from Repurchase Obligations	`ProceedsFromPaymentsForInSecuritiesSoldUnderAgreementsToRepurchase`	$19.60M	USD	1 Quarter
Borrowings of Revolving Credit Facilities	`ProceedsFromIssuanceOfLongTermDebt`	$182.00M	USD	1 Quarter
Borrowings of Revolving Credit Facilities	`ProceedsFromIssuanceOfLongTermDebt`	$182.00M	USD	1 Quarter
Borrowings of Revolving Credit Facilities	`ProceedsFromIssuanceOfLongTermDebt`	$281.00M	USD	1 Quarter
Borrowings of Revolving Credit Facilities	`ProceedsFromIssuanceOfLongTermDebt`	$281.00M	USD	1 Quarter
Repayments of Revolving Credit Facilities	`RepaymentsOfLongTermDebt`	$71.00M	USD	1 Quarter
Repayments of Revolving Credit Facilities	`RepaymentsOfLongTermDebt`	$71.00M	USD	1 Quarter
Repayments of Revolving Credit Facilities	`RepaymentsOfLongTermDebt`	$68.80M	USD	1 Quarter
Repayments of Revolving Credit Facilities	`RepaymentsOfLongTermDebt`	$68.80M	USD	1 Quarter
Deferred financing costs paid	`PaymentsOfFinancingCosts`	$268.00K	USD	1 Quarter
Deferred financing costs paid	`PaymentsOfFinancingCosts`	$268.00K	USD	1 Quarter
Deferred financing costs paid	`PaymentsOfFinancingCosts`	$3.83M	USD	1 Quarter
Deferred financing costs paid	`PaymentsOfFinancingCosts`	$3.83M	USD	1 Quarter
Proceeds from issuance of Common Shares, net of deferred offering costs of ($0 and $174 as of March 31, 2025 and March 31, 2024, respectively)	`ProceedsFromIssuanceOfCommonStock`	$119.90M	USD	1 Quarter
Proceeds from issuance of Common Shares, net of deferred offering costs of ($0 and $174 as of March 31, 2025 and March 31, 2024, respectively)	`ProceedsFromIssuanceOfCommonStock`	$119.90M	USD	1 Quarter
Proceeds from issuance of Common Shares, net of deferred offering costs of ($0 and $174 as of March 31, 2025 and March 31, 2024, respectively)	`ProceedsFromIssuanceOfCommonStock`	$70.39M	USD	1 Quarter
Proceeds from issuance of Common Shares, net of deferred offering costs of ($0 and $174 as of March 31, 2025 and March 31, 2024, respectively)	`ProceedsFromIssuanceOfCommonStock`	$70.39M	USD	1 Quarter
Dividends paid in cash	`PaymentsOfDividends`	$17.03M	USD	1 Quarter
Dividends paid in cash	`PaymentsOfDividends`	$17.03M	USD	1 Quarter
Net Cash Provided by Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$250.23M	USD	1 Quarter
Net Cash Provided by Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$250.23M	USD	1 Quarter
Net Cash Provided by Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$228.45M	USD	1 Quarter
Net Cash Provided by Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$228.45M	USD	1 Quarter
Net Increase (Decrease) in Cash, Cash Equivalents and Restricted Cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$86.78M	USD	1 Quarter
Net Increase (Decrease) in Cash, Cash Equivalents and Restricted Cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$86.78M	USD	1 Quarter
Net Increase (Decrease) in Cash, Cash Equivalents and Restricted Cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-57.20M	USD	1 Quarter
Net Increase (Decrease) in Cash, Cash Equivalents and Restricted Cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-57.20M	USD	1 Quarter
Cash, Cash Equivalents and Restricted Cash, Beginning of Period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$2.88M	USD	Point-in-time
Cash, Cash Equivalents and Restricted Cash, Beginning of Period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$2.88M	USD	Point-in-time
Cash, Cash Equivalents and Restricted Cash, Beginning of Period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$89.66M	USD	Point-in-time
Cash, Cash Equivalents and Restricted Cash, Beginning of Period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$89.66M	USD	Point-in-time
Cash, Cash Equivalents and Restricted Cash, Beginning of Period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$104.38M	USD	Point-in-time
Cash, Cash Equivalents and Restricted Cash, Beginning of Period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$104.38M	USD	Point-in-time
Cash, Cash Equivalents and Restricted Cash, Beginning of Period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$47.17M	USD	Point-in-time
Cash, Cash Equivalents and Restricted Cash, Beginning of Period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$47.17M	USD	Point-in-time
Cash, Cash Equivalents and Restricted Cash, End of Period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$2.88M	USD	Point-in-time
Cash, Cash Equivalents and Restricted Cash, End of Period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$2.88M	USD	Point-in-time
Cash, Cash Equivalents and Restricted Cash, End of Period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$89.66M	USD	Point-in-time
Cash, Cash Equivalents and Restricted Cash, End of Period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$89.66M	USD	Point-in-time
Cash, Cash Equivalents and Restricted Cash, End of Period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$104.38M	USD	Point-in-time
Cash, Cash Equivalents and Restricted Cash, End of Period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$104.38M	USD	Point-in-time
Cash, Cash Equivalents and Restricted Cash, End of Period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$47.17M	USD	Point-in-time
Cash, Cash Equivalents and Restricted Cash, End of Period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$47.17M	USD	Point-in-time
Interest paid during the period	`InterestPaidNet`	$114.00K	USD	1 Quarter
Interest paid during the period	`InterestPaidNet`	$114.00K	USD	1 Quarter
Interest paid during the period	`InterestPaidNet`	$11.47M	USD	1 Quarter
Interest paid during the period	`InterestPaidNet`	$11.47M	USD	1 Quarter

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