10-Q Filing

CHICAGO ATLANTIC BDC, INC. CIK: 1843162 Q3 2023

Filing Information

Form Type	10-Q
Accession Number	`0001140361-23-052491`
Period End Date	20230930
Filing Date	20231109
Fiscal Year	2023
Fiscal Period	Q3
XBRL Instance	ef20012455_10q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 66 Income Statement 104 Cash Flow Statement 76

Balance Sheet 66 line items

Line Item	Tag	Value	Unit	Period
Amortized cost	`InvestmentOwnedAtCost`	$50.53M	USD	Point-in-time
Amortized cost	`InvestmentOwnedAtCost`	$57.49M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	386.00	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	6.21M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	6.21M	shares	Point-in-time
Non-control/non-affiliate investments at fair value (amortized cost of $57,488,336 and $50,527,898, respectively)	`InvestmentOwnedAtFairValue`	$50.25M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	6.21M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	6.21M	shares	Point-in-time
Non-control/non-affiliate investments at fair value (amortized cost of $57,488,336 and $50,527,898, respectively)	`InvestmentOwnedAtFairValue`	$57.38M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	6.21M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$29.82M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$35.13M	USD	Point-in-time
Interest receivable	`InterestReceivable`	$1.83M	USD	Point-in-time
Interest receivable	`InterestReceivable`	$1.56M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrentAndNoncurrent`	$32.32K	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrentAndNoncurrent`	$103.84K	USD	Point-in-time
Other assets	`OtherAssets`	-	USD	Point-in-time
Other assets	`OtherAssets`	$50.00K	USD	Point-in-time
Total assets	`Assets`	$89.19M	USD	Point-in-time
Total assets	`Assets`	$86.97M	USD	Point-in-time
Income-based incentive fees payable	`IncomeBasedIncentiveFeePayable`	$1.05M	USD	Point-in-time
Income-based incentive fees payable	`IncomeBasedIncentiveFeePayable`	-	USD	Point-in-time
Management fee payable	`ManagementFeePayable`	$264.56K	USD	Point-in-time
Management fee payable	`ManagementFeePayable`	$170.97K	USD	Point-in-time
Legal fees payable	`LegalFeesPayableCurrentAndNoncurrent`	$42.22K	USD	Point-in-time
Legal fees payable	`LegalFeesPayableCurrentAndNoncurrent`	$150.67K	USD	Point-in-time
Valuation fees payables	`AccountsPayableTradeCurrentAndNoncurrent`	-	USD	Point-in-time
Valuation fees payables	`AccountsPayableTradeCurrentAndNoncurrent`	$94.13K	USD	Point-in-time
Administrator fees payable	`AdministratorFeesPayableCurrentAndNoncurrent`	$57.31K	USD	Point-in-time
Administrator fees payable	`AdministratorFeesPayableCurrentAndNoncurrent`	$81.95K	USD	Point-in-time
Audit fees payable	`AuditFeesPayableCurrentAndNoncurrent`	$75.17K	USD	Point-in-time
Audit fees payable	`AuditFeesPayableCurrentAndNoncurrent`	$50.00K	USD	Point-in-time
Director's fee payable	`DirectorsFeePayableCurrentAndNoncurrent`	$32.05K	USD	Point-in-time
Director's fee payable	`DirectorsFeePayableCurrentAndNoncurrent`	$34.77K	USD	Point-in-time
Professional fees payable	`AccruedProfessionalFeesCurrentAndNoncurrent`	$18.07K	USD	Point-in-time
Professional fees payable	`AccruedProfessionalFeesCurrentAndNoncurrent`	$28.74K	USD	Point-in-time
Distributions payable	`LiquidatingDistributionsPayable`	-	USD	Point-in-time
Distributions payable	`LiquidatingDistributionsPayable`	$321.00	USD	Point-in-time
Excise tax payable	`SalesAndExciseTaxPayableCurrentAndNoncurrent`	$80.57K	USD	Point-in-time
Excise tax payable	`SalesAndExciseTaxPayableCurrentAndNoncurrent`	-	USD	Point-in-time
Total liabilities	`Liabilities`	$1.78M	USD	Point-in-time
Total liabilities	`Liabilities`	$495.55K	USD	Point-in-time
Commitments and contingencies (Note 6)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 6)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 6)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Common Stock, $0.01 par value, 100,000,000 shares authorized, 6,214,672 and 6,214,672 shares issued and outstanding, respectively	`CommonStockValue`	$62.15K	USD	Point-in-time
Common Stock, $0.01 par value, 100,000,000 shares authorized, 6,214,672 and 6,214,672 shares issued and outstanding, respectively	`CommonStockValue`	$62.15K	USD	Point-in-time
Additional paid-in-capital	`AdditionalPaidInCapital`	$5.40K	USD	Point-in-time
Additional paid-in-capital	`AdditionalPaidInCapital`	$84.92M	USD	Point-in-time
Additional paid-in-capital	`AdditionalPaidInCapital`	$85.04M	USD	Point-in-time
Distributable earnings/(Accumulated losses)	`RetainedEarningsAccumulatedDeficit`	$1.50M	USD	Point-in-time
Distributable earnings/(Accumulated losses)	`RetainedEarningsAccumulatedDeficit`	$2.30M	USD	Point-in-time
Total net assets	`StockholdersEquity`	$85.32M	USD	Point-in-time
Total net assets	`StockholdersEquity`	$86.48M	USD	Point-in-time
Total net assets	`StockholdersEquity`	$87.40M	USD	Point-in-time
Total net assets	`StockholdersEquity`	$84.76M	USD	Point-in-time
Total net assets	`StockholdersEquity`	$90.04M	USD	Point-in-time
Total net assets	`StockholdersEquity`	$-502.15K	USD	Point-in-time
NET ASSET VALUE PER SHARE (in dollars per share)	`NetAssetValuePerShare`	$13.73	USD	Point-in-time
NET ASSET VALUE PER SHARE (in dollars per share)	`NetAssetValuePerShare`	$14.00	USD	Point-in-time
NET ASSET VALUE PER SHARE (in dollars per share)	`NetAssetValuePerShare`	$14.06	USD	Point-in-time
NET ASSET VALUE PER SHARE (in dollars per share)	`NetAssetValuePerShare`	$13.91	USD	Point-in-time

Income Statement 104 line items

Line Item	Tag	Value	Unit	Period
Fee income	`FeeIncome`	$31.25K	USD	1 Quarter
Fee income	`FeeIncome`	$162.50K	USD	3 Qtrs
Fee income	`FeeIncome`	$410.00K	USD	3 Qtrs
Fee income	`FeeIncome`	-	USD	1 Quarter
Income-based incentive fees	`IncomeBasedIncentiveFeeExpense`	-	USD	3 Qtrs
Income-based incentive fees	`IncomeBasedIncentiveFeeExpense`	$1.05M	USD	3 Qtrs
Income-based incentive fees	`IncomeBasedIncentiveFeeExpense`	-	USD	1 Quarter
Income-based incentive fees	`IncomeBasedIncentiveFeeExpense`	$405.25K	USD	1 Quarter
Management fee	`ManagementFeeExpense`	$264.56K	USD	1 Quarter
Management fee	`ManagementFeeExpense`	$110.43K	USD	1 Quarter
Management fee	`ManagementFeeExpense`	$165.47K	USD	3 Qtrs
Management fee	`ManagementFeeExpense`	$760.47K	USD	3 Qtrs
Legal expenses	`LegalFees`	$167.50K	USD	1 Quarter
Legal expenses	`LegalFees`	$148.29K	USD	1 Quarter
Legal expenses	`LegalFees`	$424.55K	USD	3 Qtrs
Legal expenses	`LegalFees`	$334.31K	USD	3 Qtrs
Audit expense	`AuditFeeExpense`	$409.37K	USD	3 Qtrs
Audit expense	`AuditFeeExpense`	$81.92K	USD	1 Quarter
Audit expense	`AuditFeeExpense`	$223.98K	USD	1 Quarter
Audit expense	`AuditFeeExpense`	$175.67K	USD	3 Qtrs
Administrator fees	`AdministrativeFeesExpense`	$84.62K	USD	1 Quarter
Administrator fees	`AdministrativeFeesExpense`	$174.73K	USD	3 Qtrs
Administrator fees	`AdministrativeFeesExpense`	$250.31K	USD	3 Qtrs
Administrator fees	`AdministrativeFeesExpense`	$65.03K	USD	1 Quarter
Insurance expense	`GeneralInsuranceExpense`	$198.40K	USD	3 Qtrs
Insurance expense	`GeneralInsuranceExpense`	$67.12K	USD	1 Quarter
Insurance expense	`GeneralInsuranceExpense`	$76.37K	USD	1 Quarter
Insurance expense	`GeneralInsuranceExpense`	$202.60K	USD	3 Qtrs
Director expenses	`NoninterestExpenseDirectorsFees`	$32.05K	USD	1 Quarter
Director expenses	`NoninterestExpenseDirectorsFees`	$67.80K	USD	3 Qtrs
Director expenses	`NoninterestExpenseDirectorsFees`	$105.91K	USD	3 Qtrs
Director expenses	`NoninterestExpenseDirectorsFees`	$38.22K	USD	1 Quarter
Valuation fees	`ValuationFeesExpense`	-	USD	1 Quarter
Valuation fees	`ValuationFeesExpense`	$22.89K	USD	1 Quarter
Valuation fees	`ValuationFeesExpense`	$116.95K	USD	3 Qtrs
Valuation fees	`ValuationFeesExpense`	-	USD	3 Qtrs
Professional fees	`ProfessionalFees`	$80.79K	USD	3 Qtrs
Professional fees	`ProfessionalFees`	$15.84K	USD	1 Quarter
Professional fees	`ProfessionalFees`	$51.81K	USD	3 Qtrs
Professional fees	`ProfessionalFees`	$39.90K	USD	1 Quarter
Custodian fees	`CustodyFees`	$36.00K	USD	3 Qtrs
Custodian fees	`CustodyFees`	$36.00K	USD	3 Qtrs
Custodian fees	`CustodyFees`	$12.00K	USD	1 Quarter
Custodian fees	`CustodyFees`	$12.00K	USD	1 Quarter
Organizational expenses	`GeneralAndAdministrativeExpense`	-	USD	3 Qtrs
Organizational expenses	`GeneralAndAdministrativeExpense`	$34.17K	USD	3 Qtrs
Organizational expenses	`GeneralAndAdministrativeExpense`	-	USD	1 Quarter
Organizational expenses	`GeneralAndAdministrativeExpense`	-	USD	1 Quarter
Capital gains incentive fees	`CapitalGainsIncentiveFeeExpense`	-	USD	1 Quarter
Capital gains incentive fees	`CapitalGainsIncentiveFeeExpense`	$-5.00K	USD	1 Quarter
Capital gains incentive fees	`CapitalGainsIncentiveFeeExpense`	-	USD	3 Qtrs
Capital gains incentive fees	`CapitalGainsIncentiveFeeExpense`	-	USD	3 Qtrs
Other expenses	`OtherCostAndExpenseOperating`	$44.90K	USD	1 Quarter
Other expenses	`OtherCostAndExpenseOperating`	$22.21K	USD	1 Quarter
Other expenses	`OtherCostAndExpenseOperating`	$86.48K	USD	3 Qtrs
Other expenses	`OtherCostAndExpenseOperating`	$61.92K	USD	3 Qtrs
Total expenses	`InvestmentIncomeInvestmentExpense`	$630.10K	USD	1 Quarter
Total expenses	`InvestmentIncomeInvestmentExpense`	$1.30M	USD	1 Quarter
Total expenses	`InvestmentIncomeInvestmentExpense`	$3.38M	USD	3 Qtrs
Total expenses	`InvestmentIncomeInvestmentExpense`	$1.44M	USD	3 Qtrs
NET INVESTMENT INCOME (LOSS)	`NetInvestmentIncome`	$1.62M	USD	1 Quarter
NET INVESTMENT INCOME (LOSS)	`NetInvestmentIncome`	$550.41K	USD	1 Quarter
NET INVESTMENT INCOME (LOSS)	`NetInvestmentIncome`	$4.89M	USD	3 Qtrs
NET INVESTMENT INCOME (LOSS)	`NetInvestmentIncome`	$556.13K	USD	3 Qtrs
Net realized gain (loss) from investments	`RealizedGainLossInvestmentAndDerivativeOperatingAfterTax`	$-210.77K	USD	3 Qtrs
Net realized gain (loss) from investments	`RealizedGainLossInvestmentAndDerivativeOperatingAfterTax`	-	USD	1 Quarter
Net realized gain (loss) from investments	`RealizedGainLossInvestmentAndDerivativeOperatingAfterTax`	-	USD	1 Quarter
Net realized gain (loss) from investments	`RealizedGainLossInvestmentAndDerivativeOperatingAfterTax`	-	USD	3 Qtrs
Net change in unrealized appreciation/(depreciation) on investments	`UnrealizedGainLossInvestmentAndDerivativeOperatingAfterTax`	$-343.10K	USD	1 Quarter
Net change in unrealized appreciation/(depreciation) on investments	`UnrealizedGainLossInvestmentAndDerivativeOperatingAfterTax`	$9.51K	USD	1 Quarter
Net change in unrealized appreciation/(depreciation) on investments	`UnrealizedGainLossInvestmentAndDerivativeOperatingAfterTax`	-	USD	3 Qtrs
Net change in unrealized appreciation/(depreciation) on investments	`UnrealizedGainLossInvestmentAndDerivativeOperatingAfterTax`	$166.01K	USD	3 Qtrs
Net realized and unrealized gains (losses)	`NetRealizedAndUnrealizedGainsLosses`	$-44.76K	USD	3 Qtrs
Net realized and unrealized gains (losses)	`NetRealizedAndUnrealizedGainsLosses`	$-343.10K	USD	1 Quarter
Net realized and unrealized gains (losses)	`NetRealizedAndUnrealizedGainsLosses`	-	USD	3 Qtrs
Net realized and unrealized gains (losses)	`NetRealizedAndUnrealizedGainsLosses`	$9.51K	USD	1 Quarter
NET INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS	`IncomeLossFromContinuingOperations`	$556.13K	USD	3 Qtrs
NET INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS	`IncomeLossFromContinuingOperations`	$559.92K	USD	1 Quarter
NET INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS	`IncomeLossFromContinuingOperations`	$4.84M	USD	3 Qtrs
NET INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS	`IncomeLossFromContinuingOperations`	$1.27M	USD	1 Quarter
NET INVESTMENT INCOME (LOSS) PER SHARE - BASIC (in dollars per share)	`NetInvestmentIncomeLossPerShareBasic`	$0.09	USD	1 Quarter
NET INVESTMENT INCOME (LOSS) PER SHARE - BASIC (in dollars per share)	`NetInvestmentIncomeLossPerShareBasic`	$0.10	USD	3 Qtrs
NET INVESTMENT INCOME (LOSS) PER SHARE - BASIC (in dollars per share)	`NetInvestmentIncomeLossPerShareBasic`	$0.26	USD	1 Quarter
NET INVESTMENT INCOME (LOSS) PER SHARE - BASIC (in dollars per share)	`NetInvestmentIncomeLossPerShareBasic`	$0.79	USD	3 Qtrs
NET INVESTMENT INCOME (LOSS) PER SHARE - DILUTED (in dollars per share)	`NetInvestmentIncomeLossPerShareDiluted`	$0.79	USD	3 Qtrs
NET INVESTMENT INCOME (LOSS) PER SHARE - DILUTED (in dollars per share)	`NetInvestmentIncomeLossPerShareDiluted`	$0.10	USD	3 Qtrs
NET INVESTMENT INCOME (LOSS) PER SHARE - DILUTED (in dollars per share)	`NetInvestmentIncomeLossPerShareDiluted`	$0.26	USD	1 Quarter
NET INVESTMENT INCOME (LOSS) PER SHARE - DILUTED (in dollars per share)	`NetInvestmentIncomeLossPerShareDiluted`	$0.09	USD	1 Quarter
NET INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS PER SHARE - BASIC (in dollars per share)	`EarningsPerShareBasic`	$0.78	USD	3 Qtrs
NET INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS PER SHARE - BASIC (in dollars per share)	`EarningsPerShareBasic`	$0.20	USD	1 Quarter
NET INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS PER SHARE - BASIC (in dollars per share)	`EarningsPerShareBasic`	$0.09	USD	1 Quarter
NET INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS PER SHARE - BASIC (in dollars per share)	`EarningsPerShareBasic`	$0.10	USD	3 Qtrs
NET INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS PER SHARE - DILUTED (in dollars per share)	`EarningsPerShareDiluted`	$0.09	USD	1 Quarter
NET INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS PER SHARE - DILUTED (in dollars per share)	`EarningsPerShareDiluted`	$0.78	USD	3 Qtrs
NET INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS PER SHARE - DILUTED (in dollars per share)	`EarningsPerShareDiluted`	$0.10	USD	3 Qtrs
NET INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS PER SHARE - DILUTED (in dollars per share)	`EarningsPerShareDiluted`	$0.20	USD	1 Quarter
WEIGHTED AVERAGE SHARES OUTSTANDING - BASIC (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	5.34M	shares	3 Qtrs
WEIGHTED AVERAGE SHARES OUTSTANDING - BASIC (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	6.21M	shares	1 Quarter
WEIGHTED AVERAGE SHARES OUTSTANDING - BASIC (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	6.21M	shares	3 Qtrs
WEIGHTED AVERAGE SHARES OUTSTANDING - BASIC (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	6.21M	shares	1 Quarter
WEIGHTED AVERAGE SHARES OUTSTANDING - DILUTED (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	6.21M	shares	3 Qtrs
WEIGHTED AVERAGE SHARES OUTSTANDING - DILUTED (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	5.34M	shares	3 Qtrs
WEIGHTED AVERAGE SHARES OUTSTANDING - DILUTED (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	6.21M	shares	1 Quarter
WEIGHTED AVERAGE SHARES OUTSTANDING - DILUTED (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	6.21M	shares	1 Quarter

Cash Flow Statement 76 line items

Line Item	Tag	Value	Unit	Period
Net increase (decrease) in net assets resulting from operations	`IncomeLossFromContinuingOperations`	$556.13K	USD	3 Qtrs
Net increase (decrease) in net assets resulting from operations	`IncomeLossFromContinuingOperations`	$559.92K	USD	1 Quarter
Net increase (decrease) in net assets resulting from operations	`IncomeLossFromContinuingOperations`	$4.84M	USD	3 Qtrs
Net increase (decrease) in net assets resulting from operations	`IncomeLossFromContinuingOperations`	$1.27M	USD	1 Quarter
Net realized (gain) loss from investments	`RealizedGainLossInvestmentAndDerivativeOperatingAfterTax`	$-210.77K	USD	3 Qtrs
Net realized (gain) loss from investments	`RealizedGainLossInvestmentAndDerivativeOperatingAfterTax`	-	USD	1 Quarter
Net realized (gain) loss from investments	`RealizedGainLossInvestmentAndDerivativeOperatingAfterTax`	-	USD	1 Quarter
Net realized (gain) loss from investments	`RealizedGainLossInvestmentAndDerivativeOperatingAfterTax`	-	USD	3 Qtrs
Net change in unrealized (appreciation) depreciation from investments	`UnrealizedGainLossInvestmentAndDerivativeOperatingAfterTax`	$-343.10K	USD	1 Quarter
Net change in unrealized (appreciation) depreciation from investments	`UnrealizedGainLossInvestmentAndDerivativeOperatingAfterTax`	$9.51K	USD	1 Quarter
Net change in unrealized (appreciation) depreciation from investments	`UnrealizedGainLossInvestmentAndDerivativeOperatingAfterTax`	-	USD	3 Qtrs
Net change in unrealized (appreciation) depreciation from investments	`UnrealizedGainLossInvestmentAndDerivativeOperatingAfterTax`	$166.01K	USD	3 Qtrs
Net (accretion of discounts) and amortization of premiums	`DepreciationAmortizationAndAccretionNet`	$-431.05K	USD	3 Qtrs
Net (accretion of discounts) and amortization of premiums	`DepreciationAmortizationAndAccretionNet`	$-49.97K	USD	3 Qtrs
Purchase of investments	`PaymentsForPurchaseOfSecuritiesOperatingActivities`	$24.42M	USD	3 Qtrs
Purchase of investments	`PaymentsForPurchaseOfSecuritiesOperatingActivities`	$8.44M	USD	3 Qtrs
PIK interest capitalized	`CapitalizedPaidInKindInterest`	-	USD	3 Qtrs
PIK interest capitalized	`CapitalizedPaidInKindInterest`	$-78.15K	USD	3 Qtrs
Proceeds from sales of investments and principal repayments	`ProceedsFromSaleOfInvestmentsAndPrincipalRepayments`	$1.78M	USD	3 Qtrs
Proceeds from sales of investments and principal repayments	`ProceedsFromSaleOfInvestmentsAndPrincipalRepayments`	-	USD	3 Qtrs
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$119.79K	USD	3 Qtrs
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$71.52K	USD	3 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$50.00K	USD	3 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	-	USD	3 Qtrs
Interest receivable	`IncreaseDecreaseInAccruedInterestReceivableNet`	$270.59K	USD	3 Qtrs
Interest receivable	`IncreaseDecreaseInAccruedInterestReceivableNet`	$252.55K	USD	3 Qtrs
Deferred offering costs	`IncreaseDecreaseInDeferredCharges`	$-1.40M	USD	3 Qtrs
Deferred offering costs	`IncreaseDecreaseInDeferredCharges`	-	USD	3 Qtrs
Management fee payable	`IncreaseDecreaseInManagementFeePayables`	$110.43K	USD	3 Qtrs
Management fee payable	`IncreaseDecreaseInManagementFeePayables`	$93.60K	USD	3 Qtrs
Income-based incentive fees payable	`IncreaseDecreaseInIncomeBasedIncentiveFeePayable`	-	USD	3 Qtrs
Income-based incentive fees payable	`IncreaseDecreaseInIncomeBasedIncentiveFeePayable`	$1.05M	USD	3 Qtrs
Legal fees payable	`IncreaseDecreaseInLegalFeesPayable`	$108.45K	USD	3 Qtrs
Legal fees payable	`IncreaseDecreaseInLegalFeesPayable`	$155.14K	USD	3 Qtrs
Administrator fees payable	`IncreaseDecreaseInAdministratorFeesPayable`	$73.91K	USD	3 Qtrs
Administrator fees payable	`IncreaseDecreaseInAdministratorFeesPayable`	$24.65K	USD	3 Qtrs
Valuation fees payable	`IncreaseDecreaseInValuationFeesPayables`	$83.08K	USD	3 Qtrs
Valuation fees payable	`IncreaseDecreaseInValuationFeesPayables`	$94.13K	USD	3 Qtrs
Audit fees payable	`IncreaseDecreaseInAuditFeesPayable`	$25.16K	USD	3 Qtrs
Audit fees payable	`IncreaseDecreaseInAuditFeesPayable`	-	USD	3 Qtrs
Professional fees payable	`IncreaseDecreaseInProfessionalFeesPayable`	$-10.68K	USD	3 Qtrs
Professional fees payable	`IncreaseDecreaseInProfessionalFeesPayable`	$50.19K	USD	3 Qtrs
Director's fee payable	`IncreaseDecreaseInDirectorSFeePayable`	$2.72K	USD	3 Qtrs
Director's fee payable	`IncreaseDecreaseInDirectorSFeePayable`	$32.05K	USD	3 Qtrs
Excise tax payable	`IncreaseDecreaseInExciseTaxPayable`	-	USD	3 Qtrs
Excise tax payable	`IncreaseDecreaseInExciseTaxPayable`	$-80.57K	USD	3 Qtrs
Due to affiliate	`IncreaseDecreaseInDueToAffiliates`	$261.00	USD	3 Qtrs
Due to affiliate	`IncreaseDecreaseInDueToAffiliates`	$-383.21K	USD	3 Qtrs
Offering cost payable	`IncreaseDecreaseInOfferingCostPayable`	$-1.02M	USD	3 Qtrs
Offering cost payable	`IncreaseDecreaseInOfferingCostPayable`	-	USD	3 Qtrs
Organizational costs payable	`IncreaseDecreaseInOrganizationalCostsPayable`	-	USD	3 Qtrs
Organizational costs payable	`IncreaseDecreaseInOrganizationalCostsPayable`	$-430.28K	USD	3 Qtrs
Other payables	`IncreaseDecreaseInOtherAccountsPayable`	$2.24K	USD	3 Qtrs
Other payables	`IncreaseDecreaseInOtherAccountsPayable`	$-22.74K	USD	3 Qtrs
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-1.39M	USD	3 Qtrs
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-24.22M	USD	3 Qtrs
Issuance of common stock, net of offering cost	`ProceedsFromIssuanceOfCommonStock`	$85.27M	USD	3 Qtrs
Issuance of common stock, net of offering cost	`ProceedsFromIssuanceOfCommonStock`	-	USD	3 Qtrs
Distributions paid	`PaymentsOfDividends`	-	USD	Annual
Distributions paid	`PaymentsOfDividends`	-	USD	3 Qtrs
Distributions paid	`PaymentsOfDividends`	$3.91M	USD	3 Qtrs
Distributions paid	`PaymentsOfDividends`	$3.91M	USD	2 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$85.27M	USD	3 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-3.91M	USD	3 Qtrs
Net increase (decrease) in cash & cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$61.05M	USD	3 Qtrs
Net increase (decrease) in cash & cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$-5.30M	USD	3 Qtrs
Cash & cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$5.40K	USD	Point-in-time
Cash & cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$61.06M	USD	Point-in-time
Cash & cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$35.13M	USD	Point-in-time
Cash & cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$29.82M	USD	Point-in-time
Cash & cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$5.40K	USD	Point-in-time
Cash & cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$61.06M	USD	Point-in-time
Cash & cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$35.13M	USD	Point-in-time
Cash & cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$29.82M	USD	Point-in-time
Reinvestment of dividend distributions	`ReinvestmentOfStockholderDistributions`	-	USD	3 Qtrs
Reinvestment of dividend distributions	`ReinvestmentOfStockholderDistributions`	$321.00	USD	3 Qtrs

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