10-Q Filing

CHICAGO ATLANTIC BDC, INC. CIK: 1843162 Q1 2024

Filing Information

Form Type	10-Q
Accession Number	`0001140361-24-025238`
Period End Date	20240331
Filing Date	20240509
Fiscal Year	2024
Fiscal Period	Q1
XBRL Instance	ef20026306_10q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 146 Income Statement 104 Cash Flow Statement 132

Balance Sheet 146 line items

Line Item	Tag	Value	Unit	Period
Amortized cost	`InvestmentOwnedAtCost`	$53.60M	USD	Point-in-time
Amortized cost	`InvestmentOwnedAtCost`	$53.60M	USD	Point-in-time
Amortized cost	`InvestmentOwnedAtCost`	$53.47M	USD	Point-in-time
Amortized cost	`InvestmentOwnedAtCost`	$53.47M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$32.61M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$32.61M	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, 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
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$33.16M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$33.16M	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 authorized (in shares)	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Interest receivable	`InterestReceivable`	$1.68M	USD	Point-in-time
Interest receivable	`InterestReceivable`	$1.68M	USD	Point-in-time
Interest receivable	`InterestReceivable`	$1.76M	USD	Point-in-time
Interest receivable	`InterestReceivable`	$1.76M	USD	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
Deferred offering costs	`DeferredCostsCurrentAndNoncurrent`	$333.32K	USD	Point-in-time
Deferred offering costs	`DeferredCostsCurrentAndNoncurrent`	$333.32K	USD	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
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	386.00	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	386.00	shares	Point-in-time
Deferred offering costs	`DeferredCostsCurrentAndNoncurrent`	-	USD	Point-in-time
Deferred offering costs	`DeferredCostsCurrentAndNoncurrent`	-	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
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
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
Prepaid expenses	`PrepaidExpenseCurrentAndNoncurrent`	$261.47K	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrentAndNoncurrent`	$261.47K	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrentAndNoncurrent`	$39.28K	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrentAndNoncurrent`	$39.28K	USD	Point-in-time
Other assets	`OtherAssets`	$69.91K	USD	Point-in-time
Other assets	`OtherAssets`	$69.91K	USD	Point-in-time
Other assets	`OtherAssets`	$50.00K	USD	Point-in-time
Other assets	`OtherAssets`	$50.00K	USD	Point-in-time
Total assets	`Assets`	$90.35M	USD	Point-in-time
Total assets	`Assets`	$90.35M	USD	Point-in-time
Total assets	`Assets`	$88.58M	USD	Point-in-time
Total assets	`Assets`	$88.58M	USD	Point-in-time
Transaction fees payable related to the Loan Portfolio Acquisition	`TransactionFeesPayableCurrentAndNoncurrent`	$2.71M	USD	Point-in-time
Transaction fees payable related to the Loan Portfolio Acquisition	`TransactionFeesPayableCurrentAndNoncurrent`	$2.71M	USD	Point-in-time
Transaction fees payable related to the Loan Portfolio Acquisition	`TransactionFeesPayableCurrentAndNoncurrent`	$711.26K	USD	Point-in-time
Transaction fees payable related to the Loan Portfolio Acquisition	`TransactionFeesPayableCurrentAndNoncurrent`	$711.26K	USD	Point-in-time
Income-based incentive fees payable	`IncomeBasedIncentiveFeePayable`	$1.51M	USD	Point-in-time
Income-based incentive fees payable	`IncomeBasedIncentiveFeePayable`	$1.51M	USD	Point-in-time
Income-based incentive fees payable	`IncomeBasedIncentiveFeePayable`	$1.51M	USD	Point-in-time
Income-based incentive fees payable	`IncomeBasedIncentiveFeePayable`	$1.51M	USD	Point-in-time
Due to custodian	`DueToCustodianCurrentAndNoncurrent`	-	USD	Point-in-time
Due to custodian	`DueToCustodianCurrentAndNoncurrent`	-	USD	Point-in-time
Due to custodian	`DueToCustodianCurrentAndNoncurrent`	$468.83K	USD	Point-in-time
Due to custodian	`DueToCustodianCurrentAndNoncurrent`	$468.83K	USD	Point-in-time
Offering costs payable	`OfferingCostsPayable`	$332.56K	USD	Point-in-time
Offering costs payable	`OfferingCostsPayable`	$332.56K	USD	Point-in-time
Offering costs payable	`OfferingCostsPayable`	-	USD	Point-in-time
Offering costs payable	`OfferingCostsPayable`	-	USD	Point-in-time
Management fee payable	`ManagementFeePayable`	$257.12K	USD	Point-in-time
Management fee payable	`ManagementFeePayable`	$257.12K	USD	Point-in-time
Management fee payable	`ManagementFeePayable`	$246.13K	USD	Point-in-time
Management fee payable	`ManagementFeePayable`	$246.13K	USD	Point-in-time
Capital gains incentive fees payable	`CapitalGainsIncentiveFeePayable`	$207.51K	USD	Point-in-time
Capital gains incentive fees payable	`CapitalGainsIncentiveFeePayable`	$207.51K	USD	Point-in-time
Capital gains incentive fees payable	`CapitalGainsIncentiveFeePayable`	$87.58K	USD	Point-in-time
Capital gains incentive fees payable	`CapitalGainsIncentiveFeePayable`	$87.58K	USD	Point-in-time
Audit fees payable	`AuditFeesPayableCurrentAndNoncurrent`	$124.00K	USD	Point-in-time
Audit fees payable	`AuditFeesPayableCurrentAndNoncurrent`	$124.00K	USD	Point-in-time
Audit fees payable	`AuditFeesPayableCurrentAndNoncurrent`	$136.62K	USD	Point-in-time
Audit fees payable	`AuditFeesPayableCurrentAndNoncurrent`	$136.62K	USD	Point-in-time
Administrator fees payable	`AdministratorFeesPayableCurrentAndNoncurrent`	$107.08K	USD	Point-in-time
Administrator fees payable	`AdministratorFeesPayableCurrentAndNoncurrent`	$107.08K	USD	Point-in-time
Administrator fees payable	`AdministratorFeesPayableCurrentAndNoncurrent`	$86.46K	USD	Point-in-time
Administrator fees payable	`AdministratorFeesPayableCurrentAndNoncurrent`	$86.46K	USD	Point-in-time
Legal fees payable	`LegalFeesPayableCurrentAndNoncurrent`	$71.66K	USD	Point-in-time
Legal fees payable	`LegalFeesPayableCurrentAndNoncurrent`	$71.66K	USD	Point-in-time
Legal fees payable	`LegalFeesPayableCurrentAndNoncurrent`	$84.82K	USD	Point-in-time
Legal fees payable	`LegalFeesPayableCurrentAndNoncurrent`	$84.82K	USD	Point-in-time
Other payables	`OtherLiabilities`	$13.82K	USD	Point-in-time
Other payables	`OtherLiabilities`	$13.82K	USD	Point-in-time
Other payables	`OtherLiabilities`	$16.68K	USD	Point-in-time
Other payables	`OtherLiabilities`	$16.68K	USD	Point-in-time
Professional fees payable	`AccruedProfessionalFeesCurrentAndNoncurrent`	$11.75K	USD	Point-in-time
Professional fees payable	`AccruedProfessionalFeesCurrentAndNoncurrent`	$11.75K	USD	Point-in-time
Professional fees payable	`AccruedProfessionalFeesCurrentAndNoncurrent`	$17.23K	USD	Point-in-time
Professional fees payable	`AccruedProfessionalFeesCurrentAndNoncurrent`	$17.23K	USD	Point-in-time
Valuation fees payable	`AccountsPayableTradeCurrentAndNoncurrent`	$24.68K	USD	Point-in-time
Valuation fees payable	`AccountsPayableTradeCurrentAndNoncurrent`	$24.68K	USD	Point-in-time
Valuation fees payable	`AccountsPayableTradeCurrentAndNoncurrent`	$9.40K	USD	Point-in-time
Valuation fees payable	`AccountsPayableTradeCurrentAndNoncurrent`	$9.40K	USD	Point-in-time
Directors fees payable	`DirectorsFeePayableCurrentAndNoncurrent`	$258.00	USD	Point-in-time
Directors fees payable	`DirectorsFeePayableCurrentAndNoncurrent`	$258.00	USD	Point-in-time
Directors fees payable	`DirectorsFeePayableCurrentAndNoncurrent`	$94.76K	USD	Point-in-time
Directors fees payable	`DirectorsFeePayableCurrentAndNoncurrent`	$94.76K	USD	Point-in-time
Distributions payable	`LiquidatingDistributionsPayable`	-	USD	Point-in-time
Distributions payable	`LiquidatingDistributionsPayable`	-	USD	Point-in-time
Distributions payable	`LiquidatingDistributionsPayable`	$2.00	USD	Point-in-time
Distributions payable	`LiquidatingDistributionsPayable`	$2.00	USD	Point-in-time
Excise tax payable	`SalesAndExciseTaxPayableCurrentAndNoncurrent`	$10.65K	USD	Point-in-time
Excise tax payable	`SalesAndExciseTaxPayableCurrentAndNoncurrent`	$10.65K	USD	Point-in-time
Excise tax payable	`SalesAndExciseTaxPayableCurrentAndNoncurrent`	-	USD	Point-in-time
Excise tax payable	`SalesAndExciseTaxPayableCurrentAndNoncurrent`	-	USD	Point-in-time
Total liabilities	`Liabilities`	$5.83M	USD	Point-in-time
Total liabilities	`Liabilities`	$5.83M	USD	Point-in-time
Total liabilities	`Liabilities`	$3.02M	USD	Point-in-time
Total liabilities	`Liabilities`	$3.02M	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
Commitments and contingencies (Note 6)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Common Stock, $0.01 par value, 100,000,000 shares authorized, 6,214,949 and 6,214,941 shares issued and outstanding, respectively	`CommonStockValue`	$62.15K	USD	Point-in-time
Common Stock, $0.01 par value, 100,000,000 shares authorized, 6,214,949 and 6,214,941 shares issued and outstanding, respectively	`CommonStockValue`	$62.15K	USD	Point-in-time
Common Stock, $0.01 par value, 100,000,000 shares authorized, 6,214,949 and 6,214,941 shares issued and outstanding, respectively	`CommonStockValue`	$62.15K	USD	Point-in-time
Common Stock, $0.01 par value, 100,000,000 shares authorized, 6,214,949 and 6,214,941 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`	$5.40K	USD	Point-in-time
Additional paid-in-capital	`AdditionalPaidInCapital`	$85.03M	USD	Point-in-time
Additional paid-in-capital	`AdditionalPaidInCapital`	$85.03M	USD	Point-in-time
Additional paid-in-capital	`AdditionalPaidInCapital`	$85.04M	USD	Point-in-time
Additional paid-in-capital	`AdditionalPaidInCapital`	$85.04M	USD	Point-in-time
Distributable earnings (Accumulated losses)	`RetainedEarningsAccumulatedDeficit`	$449.27K	USD	Point-in-time
Distributable earnings (Accumulated losses)	`RetainedEarningsAccumulatedDeficit`	$449.27K	USD	Point-in-time
Distributable earnings (Accumulated losses)	`RetainedEarningsAccumulatedDeficit`	$-573.98K	USD	Point-in-time
Distributable earnings (Accumulated losses)	`RetainedEarningsAccumulatedDeficit`	$-573.98K	USD	Point-in-time
Total net assets	`StockholdersEquity`	$85.55M	USD	Point-in-time
Total net assets	`StockholdersEquity`	$85.55M	USD	Point-in-time
Total net assets	`StockholdersEquity`	$86.48M	USD	Point-in-time
Total net assets	`StockholdersEquity`	$86.48M	USD	Point-in-time
Total net assets	`StockholdersEquity`	$88.83M	USD	Point-in-time
Total net assets	`StockholdersEquity`	$88.83M	USD	Point-in-time
Total net assets	`StockholdersEquity`	$84.52M	USD	Point-in-time
Total net assets	`StockholdersEquity`	$84.52M	USD	Point-in-time
NET ASSET VALUE PER SHARE (in dollars per share)	`NetAssetValuePerShare`	$14.29	USD	Point-in-time
NET ASSET VALUE PER SHARE (in dollars per share)	`NetAssetValuePerShare`	$14.29	USD	Point-in-time
NET ASSET VALUE PER SHARE (in dollars per share)	`NetAssetValuePerShare`	$13.77	USD	Point-in-time
NET ASSET VALUE PER SHARE (in dollars per share)	`NetAssetValuePerShare`	$13.77	USD	Point-in-time
NET ASSET VALUE PER SHARE (in dollars per share)	`NetAssetValuePerShare`	$13.60	USD	Point-in-time
NET ASSET VALUE PER SHARE (in dollars per share)	`NetAssetValuePerShare`	$13.60	USD	Point-in-time
NET ASSET VALUE PER SHARE (in dollars per share)	`NetAssetValuePerShare`	$13.91	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`	-	USD	1 Quarter
Fee income	`FeeIncome`	-	USD	1 Quarter
Fee income	`FeeIncome`	$33.75K	USD	1 Quarter
Fee income	`FeeIncome`	$33.75K	USD	1 Quarter
Transaction expenses related to the Loan Portfolio Acquisition	`BusinessCombinationAcquisitionRelatedCosts`	-	USD	1 Quarter
Transaction expenses related to the Loan Portfolio Acquisition	`BusinessCombinationAcquisitionRelatedCosts`	-	USD	1 Quarter
Transaction expenses related to the Loan Portfolio Acquisition	`BusinessCombinationAcquisitionRelatedCosts`	$2.11M	USD	1 Quarter
Transaction expenses related to the Loan Portfolio Acquisition	`BusinessCombinationAcquisitionRelatedCosts`	$2.11M	USD	1 Quarter
Management fee	`ManagementFeeExpense`	$238.42K	USD	1 Quarter
Management fee	`ManagementFeeExpense`	$238.42K	USD	1 Quarter
Management fee	`ManagementFeeExpense`	$246.13K	USD	1 Quarter
Management fee	`ManagementFeeExpense`	$246.13K	USD	1 Quarter
Capital gains incentive fees	`CapitalGainsIncentiveFeeExpense`	$119.92K	USD	1 Quarter
Capital gains incentive fees	`CapitalGainsIncentiveFeeExpense`	$119.92K	USD	1 Quarter
Capital gains incentive fees	`CapitalGainsIncentiveFeeExpense`	$142.60K	USD	1 Quarter
Capital gains incentive fees	`CapitalGainsIncentiveFeeExpense`	$142.60K	USD	1 Quarter
Audit expense	`AuditFeeExpense`	$106.62K	USD	1 Quarter
Audit expense	`AuditFeeExpense`	$106.62K	USD	1 Quarter
Audit expense	`AuditFeeExpense`	$97.88K	USD	1 Quarter
Audit expense	`AuditFeeExpense`	$97.88K	USD	1 Quarter
Administrator fees	`AdministrativeFeesExpense`	$77.84K	USD	1 Quarter
Administrator fees	`AdministrativeFeesExpense`	$77.84K	USD	1 Quarter
Administrator fees	`AdministrativeFeesExpense`	$98.46K	USD	1 Quarter
Administrator fees	`AdministrativeFeesExpense`	$98.46K	USD	1 Quarter
Insurance expense	`GeneralInsuranceExpense`	$66.28K	USD	1 Quarter
Insurance expense	`GeneralInsuranceExpense`	$66.28K	USD	1 Quarter
Insurance expense	`GeneralInsuranceExpense`	$69.08K	USD	1 Quarter
Insurance expense	`GeneralInsuranceExpense`	$69.08K	USD	1 Quarter
Legal expenses	`LegalFees`	$58.05K	USD	1 Quarter
Legal expenses	`LegalFees`	$58.05K	USD	1 Quarter
Legal expenses	`LegalFees`	$98.76K	USD	1 Quarter
Legal expenses	`LegalFees`	$98.76K	USD	1 Quarter
Other expenses	`OtherCostAndExpenseOperating`	$19.19K	USD	1 Quarter
Other expenses	`OtherCostAndExpenseOperating`	$19.19K	USD	1 Quarter
Other expenses	`OtherCostAndExpenseOperating`	$19.50K	USD	1 Quarter
Other expenses	`OtherCostAndExpenseOperating`	$19.50K	USD	1 Quarter
Custodian fees	`CustodyFees`	$11.85K	USD	1 Quarter
Custodian fees	`CustodyFees`	$11.85K	USD	1 Quarter
Custodian fees	`CustodyFees`	$12.00K	USD	1 Quarter
Custodian fees	`CustodyFees`	$12.00K	USD	1 Quarter
Director expenses	`NoninterestExpenseDirectorsFees`	$5.53K	USD	1 Quarter
Director expenses	`NoninterestExpenseDirectorsFees`	$5.53K	USD	1 Quarter
Director expenses	`NoninterestExpenseDirectorsFees`	$35.94K	USD	1 Quarter
Director expenses	`NoninterestExpenseDirectorsFees`	$35.94K	USD	1 Quarter
Valuation fees	`ValuationFeesExpense`	$73.06K	USD	1 Quarter
Valuation fees	`ValuationFeesExpense`	$73.06K	USD	1 Quarter
Valuation fees	`ValuationFeesExpense`	$1.97K	USD	1 Quarter
Valuation fees	`ValuationFeesExpense`	$1.97K	USD	1 Quarter
Income-based incentive fees	`IncomeBasedIncentiveFeeExpense`	$203.82K	USD	1 Quarter
Income-based incentive fees	`IncomeBasedIncentiveFeeExpense`	$203.82K	USD	1 Quarter
Income-based incentive fees	`IncomeBasedIncentiveFeeExpense`	-	USD	1 Quarter
Income-based incentive fees	`IncomeBasedIncentiveFeeExpense`	-	USD	1 Quarter
Professional fees	`ProfessionalFees`	$18.19K	USD	1 Quarter
Professional fees	`ProfessionalFees`	$18.19K	USD	1 Quarter
Professional fees	`ProfessionalFees`	-	USD	1 Quarter
Professional fees	`ProfessionalFees`	-	USD	1 Quarter
Total expenses	`InvestmentIncomeInvestmentExpense`	$2.84M	USD	1 Quarter
Total expenses	`InvestmentIncomeInvestmentExpense`	$2.84M	USD	1 Quarter
Total expenses	`InvestmentIncomeInvestmentExpense`	$1.09M	USD	1 Quarter
Total expenses	`InvestmentIncomeInvestmentExpense`	$1.09M	USD	1 Quarter
NET INVESTMENT INCOME (LOSS)	`NetInvestmentIncome`	$1.37M	USD	1 Quarter
NET INVESTMENT INCOME (LOSS)	`NetInvestmentIncome`	$1.37M	USD	1 Quarter
NET INVESTMENT INCOME (LOSS)	`NetInvestmentIncome`	$-79.81K	USD	1 Quarter
NET INVESTMENT INCOME (LOSS)	`NetInvestmentIncome`	$-79.81K	USD	1 Quarter
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	1 Quarter
Net realized gain (loss) from investments	`RealizedGainLossInvestmentAndDerivativeOperatingAfterTax`	-	USD	1 Quarter
Net change in unrealized appreciation (depreciation) from investments	`UnrealizedGainLossInvestmentAndDerivativeOperatingAfterTax`	$986.36K	USD	1 Quarter
Net change in unrealized appreciation (depreciation) from investments	`UnrealizedGainLossInvestmentAndDerivativeOperatingAfterTax`	$986.36K	USD	1 Quarter
Net change in unrealized appreciation (depreciation) from investments	`UnrealizedGainLossInvestmentAndDerivativeOperatingAfterTax`	$599.62K	USD	1 Quarter
Net change in unrealized appreciation (depreciation) from investments	`UnrealizedGainLossInvestmentAndDerivativeOperatingAfterTax`	$599.62K	USD	1 Quarter
Net realized and unrealized gains (losses)	`NetRealizedAndUnrealizedGainsLosses`	$986.36K	USD	1 Quarter
Net realized and unrealized gains (losses)	`NetRealizedAndUnrealizedGainsLosses`	$986.36K	USD	1 Quarter
Net realized and unrealized gains (losses)	`NetRealizedAndUnrealizedGainsLosses`	$599.62K	USD	1 Quarter
Net realized and unrealized gains (losses)	`NetRealizedAndUnrealizedGainsLosses`	$599.62K	USD	1 Quarter
NET INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS	`IncomeLossFromContinuingOperations`	$519.81K	USD	1 Quarter
NET INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS	`IncomeLossFromContinuingOperations`	$519.81K	USD	1 Quarter
NET INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS	`IncomeLossFromContinuingOperations`	$2.36M	USD	1 Quarter
NET INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS	`IncomeLossFromContinuingOperations`	$2.36M	USD	1 Quarter
NET INVESTMENT INCOME (LOSS) PER SHARE - BASIC (in dollars per share)	`NetInvestmentIncomeLossPerShareBasic`	$-0.01	USD	1 Quarter
NET INVESTMENT INCOME (LOSS) PER SHARE - BASIC (in dollars per share)	`NetInvestmentIncomeLossPerShareBasic`	$-0.01	USD	1 Quarter
NET INVESTMENT INCOME (LOSS) PER SHARE - BASIC (in dollars per share)	`NetInvestmentIncomeLossPerShareBasic`	$0.22	USD	1 Quarter
NET INVESTMENT INCOME (LOSS) PER SHARE - BASIC (in dollars per share)	`NetInvestmentIncomeLossPerShareBasic`	$0.22	USD	1 Quarter
NET INVESTMENT INCOME (LOSS) PER SHARE - DILUTED (in dollars per share)	`NetInvestmentIncomeLossPerShareDiluted`	$-0.01	USD	1 Quarter
NET INVESTMENT INCOME (LOSS) PER SHARE - DILUTED (in dollars per share)	`NetInvestmentIncomeLossPerShareDiluted`	$-0.01	USD	1 Quarter
NET INVESTMENT INCOME (LOSS) PER SHARE - DILUTED (in dollars per share)	`NetInvestmentIncomeLossPerShareDiluted`	$0.22	USD	1 Quarter
NET INVESTMENT INCOME (LOSS) PER SHARE - DILUTED (in dollars per share)	`NetInvestmentIncomeLossPerShareDiluted`	$0.22	USD	1 Quarter
NET INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS PER SHARE - BASIC (in dollars per share)	`EarningsPerShareBasic`	$0.08	USD	1 Quarter
NET INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS PER SHARE - BASIC (in dollars per share)	`EarningsPerShareBasic`	$0.08	USD	1 Quarter
NET INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS PER SHARE - BASIC (in dollars per share)	`EarningsPerShareBasic`	$0.38	USD	1 Quarter
NET INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS PER SHARE - BASIC (in dollars per share)	`EarningsPerShareBasic`	$0.38	USD	1 Quarter
NET INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS PER SHARE - DILUTED (in dollars per share)	`EarningsPerShareDiluted`	$0.08	USD	1 Quarter
NET INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS PER SHARE - DILUTED (in dollars per share)	`EarningsPerShareDiluted`	$0.08	USD	1 Quarter
NET INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS PER SHARE - DILUTED (in dollars per share)	`EarningsPerShareDiluted`	$0.38	USD	1 Quarter
NET INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS PER SHARE - DILUTED (in dollars per share)	`EarningsPerShareDiluted`	$0.38	USD	1 Quarter
WEIGHTED AVERAGE SHARES OUTSTANDING - BASIC (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	6.21M	shares	1 Quarter
WEIGHTED AVERAGE SHARES OUTSTANDING - BASIC (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	6.21M	shares	1 Quarter
WEIGHTED AVERAGE SHARES OUTSTANDING - BASIC (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	6.21M	shares	1 Quarter
WEIGHTED AVERAGE SHARES OUTSTANDING - BASIC (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	6.21M	shares	1 Quarter
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
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 132 line items

Line Item	Tag	Value	Unit	Period
Net increase (decrease) in net assets resulting from operations	`IncomeLossFromContinuingOperations`	$519.81K	USD	1 Quarter
Net increase (decrease) in net assets resulting from operations	`IncomeLossFromContinuingOperations`	$519.81K	USD	1 Quarter
Net increase (decrease) in net assets resulting from operations	`IncomeLossFromContinuingOperations`	$2.36M	USD	1 Quarter
Net increase (decrease) in net assets resulting from operations	`IncomeLossFromContinuingOperations`	$2.36M	USD	1 Quarter
Net change in unrealized (appreciation) depreciation from investments	`UnrealizedGainLossInvestmentAndDerivativeOperatingAfterTax`	$986.36K	USD	1 Quarter
Net change in unrealized (appreciation) depreciation from investments	`UnrealizedGainLossInvestmentAndDerivativeOperatingAfterTax`	$986.36K	USD	1 Quarter
Net change in unrealized (appreciation) depreciation from investments	`UnrealizedGainLossInvestmentAndDerivativeOperatingAfterTax`	$599.62K	USD	1 Quarter
Net change in unrealized (appreciation) depreciation from investments	`UnrealizedGainLossInvestmentAndDerivativeOperatingAfterTax`	$599.62K	USD	1 Quarter
Net (accretion of discounts) and amortization of premiums	`DepreciationAmortizationAndAccretionNet`	$-141.43K	USD	1 Quarter
Net (accretion of discounts) and amortization of premiums	`DepreciationAmortizationAndAccretionNet`	$-141.43K	USD	1 Quarter
Net (accretion of discounts) and amortization of premiums	`DepreciationAmortizationAndAccretionNet`	$-140.82K	USD	1 Quarter
Net (accretion of discounts) and amortization of premiums	`DepreciationAmortizationAndAccretionNet`	$-140.82K	USD	1 Quarter
Purchase of investments	`PaymentsForPurchaseOfSecuritiesOperatingActivities`	$4.23M	USD	1 Quarter
Purchase of investments	`PaymentsForPurchaseOfSecuritiesOperatingActivities`	$4.23M	USD	1 Quarter
Purchase of investments	`PaymentsForPurchaseOfSecuritiesOperatingActivities`	-	USD	1 Quarter
Purchase of investments	`PaymentsForPurchaseOfSecuritiesOperatingActivities`	-	USD	1 Quarter
PIK interest capitalized	`CapitalizedPaidInKindInterest`	$-52.95K	USD	1 Quarter
PIK interest capitalized	`CapitalizedPaidInKindInterest`	$-52.95K	USD	1 Quarter
PIK interest capitalized	`CapitalizedPaidInKindInterest`	$-11.57K	USD	1 Quarter
PIK interest capitalized	`CapitalizedPaidInKindInterest`	$-11.57K	USD	1 Quarter
Proceeds from sales of investments and principal repayments	`ProceedsFromSaleOfInvestmentsAndPrincipalRepayments`	$63.00K	USD	1 Quarter
Proceeds from sales of investments and principal repayments	`ProceedsFromSaleOfInvestmentsAndPrincipalRepayments`	$63.00K	USD	1 Quarter
Proceeds from sales of investments and principal repayments	`ProceedsFromSaleOfInvestmentsAndPrincipalRepayments`	-	USD	1 Quarter
Proceeds from sales of investments and principal repayments	`ProceedsFromSaleOfInvestmentsAndPrincipalRepayments`	-	USD	1 Quarter
Interest receivable	`IncreaseDecreaseInAccruedInterestReceivableNet`	$8.95K	USD	1 Quarter
Interest receivable	`IncreaseDecreaseInAccruedInterestReceivableNet`	$8.95K	USD	1 Quarter
Interest receivable	`IncreaseDecreaseInAccruedInterestReceivableNet`	$-80.28K	USD	1 Quarter
Interest receivable	`IncreaseDecreaseInAccruedInterestReceivableNet`	$-80.28K	USD	1 Quarter
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$19.91K	USD	1 Quarter
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$19.91K	USD	1 Quarter
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	-	USD	1 Quarter
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	-	USD	1 Quarter
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$222.20K	USD	1 Quarter
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$222.20K	USD	1 Quarter
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$222.33K	USD	1 Quarter
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$222.33K	USD	1 Quarter
Income-based incentive fees payable	`IncreaseDecreaseInIncomeBasedIncentiveFeePayable`	$203.82K	USD	1 Quarter
Income-based incentive fees payable	`IncreaseDecreaseInIncomeBasedIncentiveFeePayable`	$203.82K	USD	1 Quarter
Income-based incentive fees payable	`IncreaseDecreaseInIncomeBasedIncentiveFeePayable`	-	USD	1 Quarter
Income-based incentive fees payable	`IncreaseDecreaseInIncomeBasedIncentiveFeePayable`	-	USD	1 Quarter
Management fee payable	`IncreaseDecreaseInManagementFeePayables`	$-10.99K	USD	1 Quarter
Management fee payable	`IncreaseDecreaseInManagementFeePayables`	$-10.99K	USD	1 Quarter
Management fee payable	`IncreaseDecreaseInManagementFeePayables`	$238.42K	USD	1 Quarter
Management fee payable	`IncreaseDecreaseInManagementFeePayables`	$238.42K	USD	1 Quarter
Capital gains incentive fees payable	`IncreaseDecreaseInCapitalGainsIncentiveFeePayable`	$142.60K	USD	1 Quarter
Capital gains incentive fees payable	`IncreaseDecreaseInCapitalGainsIncentiveFeePayable`	$142.60K	USD	1 Quarter
Capital gains incentive fees payable	`IncreaseDecreaseInCapitalGainsIncentiveFeePayable`	$119.92K	USD	1 Quarter
Capital gains incentive fees payable	`IncreaseDecreaseInCapitalGainsIncentiveFeePayable`	$119.92K	USD	1 Quarter
Legal fees payable	`IncreaseDecreaseInLegalFeesPayable`	$-13.16K	USD	1 Quarter
Legal fees payable	`IncreaseDecreaseInLegalFeesPayable`	$-13.16K	USD	1 Quarter
Legal fees payable	`IncreaseDecreaseInLegalFeesPayable`	$57.77K	USD	1 Quarter
Legal fees payable	`IncreaseDecreaseInLegalFeesPayable`	$57.77K	USD	1 Quarter
Transaction fees payable related to the Loan Portfolio Acquisition	`IncreaseDecreaseInTransactionFeesPayable`	-	USD	1 Quarter
Transaction fees payable related to the Loan Portfolio Acquisition	`IncreaseDecreaseInTransactionFeesPayable`	-	USD	1 Quarter
Transaction fees payable related to the Loan Portfolio Acquisition	`IncreaseDecreaseInTransactionFeesPayable`	$2.00M	USD	1 Quarter
Transaction fees payable related to the Loan Portfolio Acquisition	`IncreaseDecreaseInTransactionFeesPayable`	$2.00M	USD	1 Quarter
Valuation fees payable	`IncreaseDecreaseInValuationFeesPayables`	$-15.27K	USD	1 Quarter
Valuation fees payable	`IncreaseDecreaseInValuationFeesPayables`	$-15.27K	USD	1 Quarter
Valuation fees payable	`IncreaseDecreaseInValuationFeesPayables`	$72.19K	USD	1 Quarter
Valuation fees payable	`IncreaseDecreaseInValuationFeesPayables`	$72.19K	USD	1 Quarter
Administrator fees payable	`IncreaseDecreaseInAdministratorFeesPayable`	$25.63K	USD	1 Quarter
Administrator fees payable	`IncreaseDecreaseInAdministratorFeesPayable`	$25.63K	USD	1 Quarter
Administrator fees payable	`IncreaseDecreaseInAdministratorFeesPayable`	$20.61K	USD	1 Quarter
Administrator fees payable	`IncreaseDecreaseInAdministratorFeesPayable`	$20.61K	USD	1 Quarter
Audit fees payable	`IncreaseDecreaseInAuditFeesPayable`	$12.62K	USD	1 Quarter
Audit fees payable	`IncreaseDecreaseInAuditFeesPayable`	$12.62K	USD	1 Quarter
Audit fees payable	`IncreaseDecreaseInAuditFeesPayable`	$-2.12K	USD	1 Quarter
Audit fees payable	`IncreaseDecreaseInAuditFeesPayable`	$-2.12K	USD	1 Quarter
Directors fees payable	`IncreaseDecreaseInDirectorSFeePayable`	$-94.50K	USD	1 Quarter
Directors fees payable	`IncreaseDecreaseInDirectorSFeePayable`	$-94.50K	USD	1 Quarter
Directors fees payable	`IncreaseDecreaseInDirectorSFeePayable`	$3.90K	USD	1 Quarter
Directors fees payable	`IncreaseDecreaseInDirectorSFeePayable`	$3.90K	USD	1 Quarter
Professional fees payable	`IncreaseDecreaseInProfessionalFeesPayable`	$-5.48K	USD	1 Quarter
Professional fees payable	`IncreaseDecreaseInProfessionalFeesPayable`	$-5.48K	USD	1 Quarter
Professional fees payable	`IncreaseDecreaseInProfessionalFeesPayable`	$18.19K	USD	1 Quarter
Professional fees payable	`IncreaseDecreaseInProfessionalFeesPayable`	$18.19K	USD	1 Quarter
Other payables	`IncreaseDecreaseInOtherAccountsPayable`	$2.85K	USD	1 Quarter
Other payables	`IncreaseDecreaseInOtherAccountsPayable`	$2.85K	USD	1 Quarter
Other payables	`IncreaseDecreaseInOtherAccountsPayable`	$-18.15K	USD	1 Quarter
Other payables	`IncreaseDecreaseInOtherAccountsPayable`	$-18.15K	USD	1 Quarter
Due to custodian	`IncreaseDecreaseInDueToCustodianPayable`	$468.83K	USD	1 Quarter
Due to custodian	`IncreaseDecreaseInDueToCustodianPayable`	$468.83K	USD	1 Quarter
Due to custodian	`IncreaseDecreaseInDueToCustodianPayable`	-	USD	1 Quarter
Due to custodian	`IncreaseDecreaseInDueToCustodianPayable`	-	USD	1 Quarter
Due to affiliate	`IncreaseDecreaseInDueToAffiliates`	$-37.00	USD	1 Quarter
Due to affiliate	`IncreaseDecreaseInDueToAffiliates`	$-37.00	USD	1 Quarter
Due to affiliate	`IncreaseDecreaseInDueToAffiliates`	-	USD	1 Quarter
Due to affiliate	`IncreaseDecreaseInDueToAffiliates`	-	USD	1 Quarter
Excise tax payable	`IncreaseDecreaseInExciseTaxPayable`	$-80.57K	USD	1 Quarter
Excise tax payable	`IncreaseDecreaseInExciseTaxPayable`	$-80.57K	USD	1 Quarter
Excise tax payable	`IncreaseDecreaseInExciseTaxPayable`	$-10.65K	USD	1 Quarter
Excise tax payable	`IncreaseDecreaseInExciseTaxPayable`	$-10.65K	USD	1 Quarter
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$2.10M	USD	1 Quarter
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$2.10M	USD	1 Quarter
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-2.58M	USD	1 Quarter
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-2.58M	USD	1 Quarter
Offering costs paid	`PaymentsOfStockIssuanceCosts`	$756.00	USD	1 Quarter
Offering costs paid	`PaymentsOfStockIssuanceCosts`	$756.00	USD	1 Quarter
Offering costs paid	`PaymentsOfStockIssuanceCosts`	-	USD	1 Quarter
Offering costs paid	`PaymentsOfStockIssuanceCosts`	-	USD	1 Quarter
Distributions paid	`PaymentsOfDividendsCommonStock`	$1.55M	USD	1 Quarter
Distributions paid	`PaymentsOfDividendsCommonStock`	$1.55M	USD	1 Quarter
Distributions paid	`PaymentsOfDividendsCommonStock`	-	USD	1 Quarter
Distributions paid	`PaymentsOfDividendsCommonStock`	-	USD	1 Quarter
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-1.55M	USD	1 Quarter
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-1.55M	USD	1 Quarter
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	-	USD	1 Quarter
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	-	USD	1 Quarter
Net increase (decrease) in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$548.66K	USD	1 Quarter
Net increase (decrease) in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$548.66K	USD	1 Quarter
Net increase (decrease) in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$-2.58M	USD	1 Quarter
Net increase (decrease) in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$-2.58M	USD	1 Quarter
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$32.61M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$32.61M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$35.13M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$35.13M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$33.16M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$33.16M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$32.54M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$32.54M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$32.61M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$32.61M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$35.13M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$35.13M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$33.16M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$33.16M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$32.54M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$32.54M	USD	Point-in-time
Reinvestment of dividend distributions	`ReinvestmentOfStockholderDistributions`	$74.00	USD	1 Quarter
Reinvestment of dividend distributions	`ReinvestmentOfStockholderDistributions`	$74.00	USD	1 Quarter
Reinvestment of dividend distributions	`ReinvestmentOfStockholderDistributions`	-	USD	1 Quarter
Reinvestment of dividend distributions	`ReinvestmentOfStockholderDistributions`	-	USD	1 Quarter

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