10-Q Filing

CHICAGO ATLANTIC BDC, INC. CIK: 1843162 Q1 2025

Filing Information

Form Type	10-Q
Accession Number	`0001140361-25-018734`
Period End Date	20250331
Filing Date	20250514
Fiscal Year	2025
Fiscal Period	Q1
XBRL Instance	ef20047602_10q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 122 Income Statement 116 Cash Flow Statement 136

Balance Sheet 122 line items

Line Item	Tag	Value	Unit	Period
Amortized cost	`InvestmentOwnedAtCost`	$288.40M	USD	Point-in-time
Amortized cost	`InvestmentOwnedAtCost`	$288.40M	USD	Point-in-time
Amortized cost	`InvestmentOwnedAtCost`	$274.35M	USD	Point-in-time
Amortized cost	`InvestmentOwnedAtCost`	$274.35M	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
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
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	22.82M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	22.82M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	22.82M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	22.82M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	22.82M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	22.82M	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`	22.82M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	22.82M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$14.92M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$14.92M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$23.93M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$23.93M	USD	Point-in-time
Due from affiliates	`OtherReceivables`	$2.36M	USD	Point-in-time
Due from affiliates	`OtherReceivables`	$2.36M	USD	Point-in-time
Due from affiliates	`OtherReceivables`	$5.20M	USD	Point-in-time
Due from affiliates	`OtherReceivables`	$5.20M	USD	Point-in-time
Interest receivable	`InterestReceivable`	$3.06M	USD	Point-in-time
Interest receivable	`InterestReceivable`	$3.06M	USD	Point-in-time
Interest receivable	`InterestReceivable`	$3.58M	USD	Point-in-time
Interest receivable	`InterestReceivable`	$3.58M	USD	Point-in-time
Prepaid expenses and other assets	`PrepaidExpenseAndOtherAssets`	$1.25M	USD	Point-in-time
Prepaid expenses and other assets	`PrepaidExpenseAndOtherAssets`	$1.25M	USD	Point-in-time
Prepaid expenses and other assets	`PrepaidExpenseAndOtherAssets`	$321.11K	USD	Point-in-time
Prepaid expenses and other assets	`PrepaidExpenseAndOtherAssets`	$321.11K	USD	Point-in-time
Receivable for investment sold	`ReceivableForInvestmentsSold`	$4.12M	USD	Point-in-time
Receivable for investment sold	`ReceivableForInvestmentsSold`	$4.12M	USD	Point-in-time
Receivable for investment sold	`ReceivableForInvestmentsSold`	-	USD	Point-in-time
Receivable for investment sold	`ReceivableForInvestmentsSold`	-	USD	Point-in-time
Total assets	`Assets`	$309.56M	USD	Point-in-time
Total assets	`Assets`	$309.56M	USD	Point-in-time
Total assets	`Assets`	$313.70M	USD	Point-in-time
Total assets	`Assets`	$313.70M	USD	Point-in-time
Distributions payable	`LiquidatingDistributionsPayable`	$7.76M	USD	Point-in-time
Distributions payable	`LiquidatingDistributionsPayable`	$7.76M	USD	Point-in-time
Distributions payable	`LiquidatingDistributionsPayable`	-	USD	Point-in-time
Distributions payable	`LiquidatingDistributionsPayable`	-	USD	Point-in-time
Income-based incentive fees payable	`IncomeBasedIncentiveFeePayable`	$2.12M	USD	Point-in-time
Income-based incentive fees payable	`IncomeBasedIncentiveFeePayable`	$2.12M	USD	Point-in-time
Income-based incentive fees payable	`IncomeBasedIncentiveFeePayable`	$2.00M	USD	Point-in-time
Income-based incentive fees payable	`IncomeBasedIncentiveFeePayable`	$2.00M	USD	Point-in-time
Management fee payable	`ManagementFeePayable`	$758.36K	USD	Point-in-time
Management fee payable	`ManagementFeePayable`	$758.36K	USD	Point-in-time
Management fee payable	`ManagementFeePayable`	$1.34M	USD	Point-in-time
Management fee payable	`ManagementFeePayable`	$1.34M	USD	Point-in-time
Professional fees payable	`AccruedProfessionalFeesCurrentAndNoncurrent`	$458.81K	USD	Point-in-time
Professional fees payable	`AccruedProfessionalFeesCurrentAndNoncurrent`	$458.81K	USD	Point-in-time
Professional fees payable	`AccruedProfessionalFeesCurrentAndNoncurrent`	$756.60K	USD	Point-in-time
Professional fees payable	`AccruedProfessionalFeesCurrentAndNoncurrent`	$756.60K	USD	Point-in-time
Unearned interest income	`UnearnedInterestIncome`	$37.75K	USD	Point-in-time
Unearned interest income	`UnearnedInterestIncome`	$37.75K	USD	Point-in-time
Unearned interest income	`UnearnedInterestIncome`	$213.27K	USD	Point-in-time
Unearned interest income	`UnearnedInterestIncome`	$213.27K	USD	Point-in-time
Capital gains incentive fees payable	`CapitalGainsIncentiveFeePayable`	$121.89K	USD	Point-in-time
Capital gains incentive fees payable	`CapitalGainsIncentiveFeePayable`	$121.89K	USD	Point-in-time
Capital gains incentive fees payable	`CapitalGainsIncentiveFeePayable`	$115.07K	USD	Point-in-time
Capital gains incentive fees payable	`CapitalGainsIncentiveFeePayable`	$115.07K	USD	Point-in-time
Deferred financing costs payable	`DeferredFinancingCostsPayableCurrentAndNoncurrent`	$47.88K	USD	Point-in-time
Deferred financing costs payable	`DeferredFinancingCostsPayableCurrentAndNoncurrent`	$47.88K	USD	Point-in-time
Deferred financing costs payable	`DeferredFinancingCostsPayableCurrentAndNoncurrent`	$114.55K	USD	Point-in-time
Deferred financing costs payable	`DeferredFinancingCostsPayableCurrentAndNoncurrent`	$114.55K	USD	Point-in-time
Transaction fees payable related to the Loan Portfolio Acquisition	`TransactionFeesPayableCurrentAndNoncurrent`	$2.95M	USD	Point-in-time
Transaction fees payable related to the Loan Portfolio Acquisition	`TransactionFeesPayableCurrentAndNoncurrent`	$2.95M	USD	Point-in-time
Transaction fees payable related to the Loan Portfolio Acquisition	`TransactionFeesPayableCurrentAndNoncurrent`	-	USD	Point-in-time
Transaction fees payable related to the Loan Portfolio Acquisition	`TransactionFeesPayableCurrentAndNoncurrent`	-	USD	Point-in-time
Offering costs payable	`OfferingCostsPayable`	$989.64K	USD	Point-in-time
Offering costs payable	`OfferingCostsPayable`	$989.64K	USD	Point-in-time
Offering costs payable	`OfferingCostsPayable`	-	USD	Point-in-time
Offering costs payable	`OfferingCostsPayable`	-	USD	Point-in-time
Excise tax payable	`SalesAndExciseTaxPayableCurrentAndNoncurrent`	$88.71K	USD	Point-in-time
Excise tax payable	`SalesAndExciseTaxPayableCurrentAndNoncurrent`	$88.71K	USD	Point-in-time
Excise tax payable	`SalesAndExciseTaxPayableCurrentAndNoncurrent`	-	USD	Point-in-time
Excise tax payable	`SalesAndExciseTaxPayableCurrentAndNoncurrent`	-	USD	Point-in-time
Total liabilities	`Liabilities`	$12.68M	USD	Point-in-time
Total liabilities	`Liabilities`	$12.68M	USD	Point-in-time
Total liabilities	`Liabilities`	$8.40M	USD	Point-in-time
Total liabilities	`Liabilities`	$8.40M	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, 22,820,386 and 22,820,386 shares issued and outstanding, respectively	`CommonStockValue`	$228.20K	USD	Point-in-time
Common stock, $0.01 par value, 100,000,000 shares authorized, 22,820,386 and 22,820,386 shares issued and outstanding, respectively	`CommonStockValue`	$228.20K	USD	Point-in-time
Common stock, $0.01 par value, 100,000,000 shares authorized, 22,820,386 and 22,820,386 shares issued and outstanding, respectively	`CommonStockValue`	$228.20K	USD	Point-in-time
Common stock, $0.01 par value, 100,000,000 shares authorized, 22,820,386 and 22,820,386 shares issued and outstanding, respectively	`CommonStockValue`	$228.20K	USD	Point-in-time
Additional paid-in-capital	`AdditionalPaidInCapital`	$303.27M	USD	Point-in-time
Additional paid-in-capital	`AdditionalPaidInCapital`	$303.27M	USD	Point-in-time
Additional paid-in-capital	`AdditionalPaidInCapital`	$303.15M	USD	Point-in-time
Additional paid-in-capital	`AdditionalPaidInCapital`	$303.15M	USD	Point-in-time
Distributable earnings (accumulated loss)	`RetainedEarningsAccumulatedDeficit`	$-2.36M	USD	Point-in-time
Distributable earnings (accumulated loss)	`RetainedEarningsAccumulatedDeficit`	$-2.36M	USD	Point-in-time
Distributable earnings (accumulated loss)	`RetainedEarningsAccumulatedDeficit`	$-2.34M	USD	Point-in-time
Distributable earnings (accumulated loss)	`RetainedEarningsAccumulatedDeficit`	$-2.34M	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`	$301.16M	USD	Point-in-time
Total net assets	`StockholdersEquity`	$301.16M	USD	Point-in-time
Total net assets	`StockholdersEquity`	$84.52M	USD	Point-in-time
Total net assets	`StockholdersEquity`	$84.52M	USD	Point-in-time
Total net assets	`StockholdersEquity`	$301.02M	USD	Point-in-time
Total net assets	`StockholdersEquity`	$301.02M	USD	Point-in-time
NET ASSET VALUE PER SHARE (in dollars per share)	`NetAssetValuePerShare`	$13.20	USD	Point-in-time
NET ASSET VALUE PER SHARE (in dollars per share)	`NetAssetValuePerShare`	$13.20	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`	$13.19	USD	Point-in-time
NET ASSET VALUE PER SHARE (in dollars per share)	`NetAssetValuePerShare`	$13.19	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

Income Statement 116 line items

Line Item	Tag	Value	Unit	Period
Interest income	`InterestIncomeOperating`	$11.28M	USD	1 Quarter
Interest income	`InterestIncomeOperating`	$11.28M	USD	1 Quarter
Interest income	`InterestIncomeOperating`	$2.73M	USD	1 Quarter
Interest income	`InterestIncomeOperating`	$2.73M	USD	1 Quarter
Fee income	`FeeIncome`	$643.55K	USD	1 Quarter
Fee income	`FeeIncome`	$643.55K	USD	1 Quarter
Fee income	`FeeIncome`	$33.75K	USD	1 Quarter
Fee income	`FeeIncome`	$33.75K	USD	1 Quarter
Total investment income	`GrossInvestmentIncomeOperating`	$11.92M	USD	1 Quarter
Total investment income	`GrossInvestmentIncomeOperating`	$11.92M	USD	1 Quarter
Total investment income	`GrossInvestmentIncomeOperating`	$2.76M	USD	1 Quarter
Total investment income	`GrossInvestmentIncomeOperating`	$2.76M	USD	1 Quarter
Income-based incentive fees	`IncomeBasedIncentiveFeeExpense`	$1.92M	USD	1 Quarter
Income-based incentive fees	`IncomeBasedIncentiveFeeExpense`	$1.92M	USD	1 Quarter
Income-based incentive fees	`IncomeBasedIncentiveFeeExpense`	-	USD	1 Quarter
Income-based incentive fees	`IncomeBasedIncentiveFeeExpense`	-	USD	1 Quarter
Management fee	`ManagementFeeExpense`	$246.13K	USD	1 Quarter
Management fee	`ManagementFeeExpense`	$246.13K	USD	1 Quarter
Management fee	`ManagementFeeExpense`	$1.26M	USD	1 Quarter
Management fee	`ManagementFeeExpense`	$1.26M	USD	1 Quarter
General and administrative expense	`GeneralAndAdministrativeExpense`	-	USD	1 Quarter
General and administrative expense	`GeneralAndAdministrativeExpense`	-	USD	1 Quarter
General and administrative expense	`GeneralAndAdministrativeExpense`	$974.48K	USD	1 Quarter
General and administrative expense	`GeneralAndAdministrativeExpense`	$974.48K	USD	1 Quarter
Legal expenses	`LegalFees`	$250.93K	USD	1 Quarter
Legal expenses	`LegalFees`	$250.93K	USD	1 Quarter
Legal expenses	`LegalFees`	$58.05K	USD	1 Quarter
Legal expenses	`LegalFees`	$58.05K	USD	1 Quarter
Professional fees	`ProfessionalFees`	$19.35K	USD	1 Quarter
Professional fees	`ProfessionalFees`	$19.35K	USD	1 Quarter
Professional fees	`ProfessionalFees`	$215.73K	USD	1 Quarter
Professional fees	`ProfessionalFees`	$215.73K	USD	1 Quarter
Sub-administrator fees	`SubAdministratorFees`	$98.46K	USD	1 Quarter
Sub-administrator fees	`SubAdministratorFees`	$98.46K	USD	1 Quarter
Sub-administrator fees	`SubAdministratorFees`	$157.78K	USD	1 Quarter
Sub-administrator fees	`SubAdministratorFees`	$157.78K	USD	1 Quarter
Interest expense	`InterestExpenseOperating`	-	USD	1 Quarter
Interest expense	`InterestExpenseOperating`	-	USD	1 Quarter
Interest expense	`InterestExpenseOperating`	$145.38K	USD	1 Quarter
Interest expense	`InterestExpenseOperating`	$145.38K	USD	1 Quarter
Other expenses	`OtherCostAndExpenseOperating`	$85.47K	USD	1 Quarter
Other expenses	`OtherCostAndExpenseOperating`	$85.47K	USD	1 Quarter
Other expenses	`OtherCostAndExpenseOperating`	$144.42K	USD	1 Quarter
Other expenses	`OtherCostAndExpenseOperating`	$144.42K	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`	$-6.81K	USD	1 Quarter
Capital gains incentive fees	`CapitalGainsIncentiveFeeExpense`	$-6.81K	USD	1 Quarter
Audit expense	`AuditFeeExpense`	$106.62K	USD	1 Quarter
Audit expense	`AuditFeeExpense`	$106.62K	USD	1 Quarter
Audit expense	`AuditFeeExpense`	$190.00K	USD	1 Quarter
Audit expense	`AuditFeeExpense`	$190.00K	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
Transaction expenses related to the Loan Portfolio Acquisition	`BusinessCombinationAcquisitionRelatedCosts`	-	USD	1 Quarter
Transaction expenses related to the Loan Portfolio Acquisition	`BusinessCombinationAcquisitionRelatedCosts`	-	USD	1 Quarter
Total expenses	`InvestmentIncomeInvestmentExpense`	$2.84M	USD	1 Quarter
Total expenses	`InvestmentIncomeInvestmentExpense`	$2.84M	USD	1 Quarter
Total expenses	`InvestmentIncomeInvestmentExpense`	$5.25M	USD	1 Quarter
Total expenses	`InvestmentIncomeInvestmentExpense`	$5.25M	USD	1 Quarter
Waiver of General and administrative expense (Note 6)	`WaiverOfGeneralAndAdministrativeExpense`	$-658.48K	USD	1 Quarter
Waiver of General and administrative expense (Note 6)	`WaiverOfGeneralAndAdministrativeExpense`	$-658.48K	USD	1 Quarter
Waiver of General and administrative expense (Note 6)	`WaiverOfGeneralAndAdministrativeExpense`	-	USD	1 Quarter
Waiver of General and administrative expense (Note 6)	`WaiverOfGeneralAndAdministrativeExpense`	-	USD	1 Quarter
Expense limitation agreement (Note 6)	`OperatingExpenseLimitationAgreement`	$-316.00K	USD	1 Quarter
Expense limitation agreement (Note 6)	`OperatingExpenseLimitationAgreement`	$-316.00K	USD	1 Quarter
Expense limitation agreement (Note 6)	`OperatingExpenseLimitationAgreement`	-	USD	1 Quarter
Expense limitation agreement (Note 6)	`OperatingExpenseLimitationAgreement`	-	USD	1 Quarter
Net expenses	`OperatingExpenses`	$4.27M	USD	1 Quarter
Net expenses	`OperatingExpenses`	$4.27M	USD	1 Quarter
Net expenses	`OperatingExpenses`	$2.84M	USD	1 Quarter
Net expenses	`OperatingExpenses`	$2.84M	USD	1 Quarter
NET INVESTMENT INCOME (LOSS)	`NetInvestmentIncome`	$7.65M	USD	1 Quarter
NET INVESTMENT INCOME (LOSS)	`NetInvestmentIncome`	$7.65M	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) on investments	`UnrealizedGainLossInvestmentAndDerivativeOperatingAfterTax`	$599.62K	USD	1 Quarter
Net change in unrealized appreciation (depreciation) on investments	`UnrealizedGainLossInvestmentAndDerivativeOperatingAfterTax`	$599.62K	USD	1 Quarter
Net change in unrealized appreciation (depreciation) on investments	`UnrealizedGainLossInvestmentAndDerivativeOperatingAfterTax`	$-34.06K	USD	1 Quarter
Net change in unrealized appreciation (depreciation) on investments	`UnrealizedGainLossInvestmentAndDerivativeOperatingAfterTax`	$-34.06K	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 realized and unrealized gains (losses)	`NetRealizedAndUnrealizedGainsLosses`	$-34.06K	USD	1 Quarter
Net realized and unrealized gains (losses)	`NetRealizedAndUnrealizedGainsLosses`	$-34.06K	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`	$7.61M	USD	1 Quarter
NET INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS	`IncomeLossFromContinuingOperations`	$7.61M	USD	1 Quarter
NET INVESTMENT INCOME (LOSS) PER SHARE - BASIC (in dollars per share)	`NetInvestmentIncomeLossPerShareBasic`	$0.34	USD	1 Quarter
NET INVESTMENT INCOME (LOSS) PER SHARE - BASIC (in dollars per share)	`NetInvestmentIncomeLossPerShareBasic`	$0.34	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 - 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`	$0.34	USD	1 Quarter
NET INVESTMENT INCOME (LOSS) PER SHARE - DILUTED (in dollars per share)	`NetInvestmentIncomeLossPerShareDiluted`	$0.34	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`	$0.33	USD	1 Quarter
NET INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS PER SHARE - BASIC (in dollars per share)	`EarningsPerShareBasic`	$0.33	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`	$0.33	USD	1 Quarter
NET INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS PER SHARE - DILUTED (in dollars per share)	`EarningsPerShareDiluted`	$0.33	USD	1 Quarter
WEIGHTED AVERAGE SHARES OUTSTANDING - BASIC (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	22.82M	shares	1 Quarter
WEIGHTED AVERAGE SHARES OUTSTANDING - BASIC (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	22.82M	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`	22.82M	shares	1 Quarter
WEIGHTED AVERAGE SHARES OUTSTANDING - DILUTED (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	22.82M	shares	1 Quarter

Cash Flow Statement 136 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`	$7.61M	USD	1 Quarter
Net increase (decrease) in net assets resulting from operations	`IncomeLossFromContinuingOperations`	$7.61M	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 change in unrealized (appreciation) depreciation from investments	`UnrealizedGainLossInvestmentAndDerivativeOperatingAfterTax`	$-34.06K	USD	1 Quarter
Net change in unrealized (appreciation) depreciation from investments	`UnrealizedGainLossInvestmentAndDerivativeOperatingAfterTax`	$-34.06K	USD	1 Quarter
Net (accretion of discounts) and amortization of premiums	`DepreciationAmortizationAndAccretionNet`	$-522.91K	USD	1 Quarter
Net (accretion of discounts) and amortization of premiums	`DepreciationAmortizationAndAccretionNet`	$-522.91K	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
Purchase of investments	`PaymentsForPurchaseOfSecuritiesOperatingActivities`	$20.60M	USD	1 Quarter
Purchase of investments	`PaymentsForPurchaseOfSecuritiesOperatingActivities`	$20.60M	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`	$-573.38K	USD	1 Quarter
PIK interest capitalized	`CapitalizedPaidInKindInterest`	$-573.38K	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`	$7.64M	USD	1 Quarter
Proceeds from sales of investments and principal repayments	`ProceedsFromSaleOfInvestmentsAndPrincipalRepayments`	$7.64M	USD	1 Quarter
Amortization of deferred financing costs	`AmortizationOfFinancingCosts`	-	USD	1 Quarter
Amortization of deferred financing costs	`AmortizationOfFinancingCosts`	-	USD	1 Quarter
Amortization of deferred financing costs	`AmortizationOfFinancingCosts`	$145.38K	USD	1 Quarter
Amortization of deferred financing costs	`AmortizationOfFinancingCosts`	$145.38K	USD	1 Quarter
Interest receivable	`IncreaseDecreaseInAccruedInterestReceivableNet`	$-80.28K	USD	1 Quarter
Interest receivable	`IncreaseDecreaseInAccruedInterestReceivableNet`	$-80.28K	USD	1 Quarter
Interest receivable	`IncreaseDecreaseInAccruedInterestReceivableNet`	$-520.77K	USD	1 Quarter
Interest receivable	`IncreaseDecreaseInAccruedInterestReceivableNet`	$-520.77K	USD	1 Quarter
Receivable for investment sold	`IncreaseDecreaseInSaleOfInvestmentReceivables`	$-4.12M	USD	1 Quarter
Receivable for investment sold	`IncreaseDecreaseInSaleOfInvestmentReceivables`	$-4.12M	USD	1 Quarter
Receivable for investment sold	`IncreaseDecreaseInSaleOfInvestmentReceivables`	-	USD	1 Quarter
Receivable for investment sold	`IncreaseDecreaseInSaleOfInvestmentReceivables`	-	USD	1 Quarter
Due from affiliates	`IncreaseDecreaseDueFromAffiliates`	$2.84M	USD	1 Quarter
Due from affiliates	`IncreaseDecreaseDueFromAffiliates`	$2.84M	USD	1 Quarter
Due from affiliates	`IncreaseDecreaseDueFromAffiliates`	-	USD	1 Quarter
Due from affiliates	`IncreaseDecreaseDueFromAffiliates`	-	USD	1 Quarter
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidExpensesOther`	$251.01K	USD	1 Quarter
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidExpensesOther`	$251.01K	USD	1 Quarter
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidExpensesOther`	$242.11K	USD	1 Quarter
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidExpensesOther`	$242.11K	USD	1 Quarter
Income-based incentive fees payable	`IncreaseDecreaseInIncomeBasedIncentiveFeePayable`	-	USD	1 Quarter
Income-based incentive fees payable	`IncreaseDecreaseInIncomeBasedIncentiveFeePayable`	-	USD	1 Quarter
Income-based incentive fees payable	`IncreaseDecreaseInIncomeBasedIncentiveFeePayable`	$123.92K	USD	1 Quarter
Income-based incentive fees payable	`IncreaseDecreaseInIncomeBasedIncentiveFeePayable`	$123.92K	USD	1 Quarter
Management fee payable	`IncreaseDecreaseInManagementFeePayables`	$580.89K	USD	1 Quarter
Management fee payable	`IncreaseDecreaseInManagementFeePayables`	$580.89K	USD	1 Quarter
Management fee payable	`IncreaseDecreaseInManagementFeePayables`	$-10.99K	USD	1 Quarter
Management fee payable	`IncreaseDecreaseInManagementFeePayables`	$-10.99K	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
Capital gains incentive fees payable	`IncreaseDecreaseInCapitalGainsIncentiveFeePayable`	$-6.81K	USD	1 Quarter
Capital gains incentive fees payable	`IncreaseDecreaseInCapitalGainsIncentiveFeePayable`	$-6.81K	USD	1 Quarter
Professional fees payable	`IncreaseDecreaseInProfessionalFeesPayable`	$-95.18K	USD	1 Quarter
Professional fees payable	`IncreaseDecreaseInProfessionalFeesPayable`	$-95.18K	USD	1 Quarter
Professional fees payable	`IncreaseDecreaseInProfessionalFeesPayable`	$297.79K	USD	1 Quarter
Professional fees payable	`IncreaseDecreaseInProfessionalFeesPayable`	$297.79K	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
Transaction fees payable related to the Loan Portfolio Acquisition	`IncreaseDecreaseInTransactionFeesPayable`	$-2.95M	USD	1 Quarter
Transaction fees payable related to the Loan Portfolio Acquisition	`IncreaseDecreaseInTransactionFeesPayable`	$-2.95M	USD	1 Quarter
Other payables	`IncreaseDecreaseInOtherAccountsPayable`	$2.85K	USD	1 Quarter
Other payables	`IncreaseDecreaseInOtherAccountsPayable`	$2.85K	USD	1 Quarter
Other payables	`IncreaseDecreaseInOtherAccountsPayable`	$16.60K	USD	1 Quarter
Other payables	`IncreaseDecreaseInOtherAccountsPayable`	$16.60K	USD	1 Quarter
Due to affiliates	`IncreaseDecreaseInDueToAffiliates`	$-707.78K	USD	1 Quarter
Due to affiliates	`IncreaseDecreaseInDueToAffiliates`	$-707.78K	USD	1 Quarter
Due to affiliates	`IncreaseDecreaseInDueToAffiliates`	-	USD	1 Quarter
Due to affiliates	`IncreaseDecreaseInDueToAffiliates`	-	USD	1 Quarter
Excise tax payable	`IncreaseDecreaseInExciseTaxPayable`	$-10.65K	USD	1 Quarter
Excise tax payable	`IncreaseDecreaseInExciseTaxPayable`	$-10.65K	USD	1 Quarter
Excise tax payable	`IncreaseDecreaseInExciseTaxPayable`	$-88.71K	USD	1 Quarter
Excise tax payable	`IncreaseDecreaseInExciseTaxPayable`	$-88.71K	USD	1 Quarter
Unearned interest income	`IncreaseDecreaseInUnearnedInterestIncome`	-	USD	1 Quarter
Unearned interest income	`IncreaseDecreaseInUnearnedInterestIncome`	-	USD	1 Quarter
Unearned interest income	`IncreaseDecreaseInUnearnedInterestIncome`	$-175.52K	USD	1 Quarter
Unearned interest income	`IncreaseDecreaseInUnearnedInterestIncome`	$-175.52K	USD	1 Quarter
Due to custodian	`IncreaseDecreaseInDueToCustodianPayable`	-	USD	1 Quarter
Due to custodian	`IncreaseDecreaseInDueToCustodianPayable`	-	USD	1 Quarter
Due to custodian	`IncreaseDecreaseInDueToCustodianPayable`	$468.83K	USD	1 Quarter
Due to custodian	`IncreaseDecreaseInDueToCustodianPayable`	$468.83K	USD	1 Quarter
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-7.26M	USD	1 Quarter
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-7.26M	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
Offering costs paid	`PaymentsOfStockIssuanceCosts`	$989.64K	USD	1 Quarter
Offering costs paid	`PaymentsOfStockIssuanceCosts`	$989.64K	USD	1 Quarter
Offering costs paid	`PaymentsOfStockIssuanceCosts`	$756.00	USD	1 Quarter
Offering costs paid	`PaymentsOfStockIssuanceCosts`	$756.00	USD	1 Quarter
Distributions paid	`PaymentsOfDividendsCommonStock`	-	USD	1 Quarter
Distributions paid	`PaymentsOfDividendsCommonStock`	-	USD	1 Quarter
Distributions paid	`PaymentsOfDividendsCommonStock`	$1.55M	USD	1 Quarter
Distributions paid	`PaymentsOfDividendsCommonStock`	$1.55M	USD	1 Quarter
Financing costs paid	`PaymentsOfFinancingCosts`	-	USD	1 Quarter
Financing costs paid	`PaymentsOfFinancingCosts`	-	USD	1 Quarter
Financing costs paid	`PaymentsOfFinancingCosts`	$756.70K	USD	1 Quarter
Financing costs paid	`PaymentsOfFinancingCosts`	$756.70K	USD	1 Quarter
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-1.75M	USD	1 Quarter
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-1.75M	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 increase (decrease) in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$-9.01M	USD	1 Quarter
Net increase (decrease) in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$-9.01M	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
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`	$14.92M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$14.92M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$23.93M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$23.93M	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, 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`	$14.92M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$14.92M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$23.93M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$23.93M	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
Reinvestment of dividend distribution	`ReinvestmentOfStockholderDistributions`	$74.00	USD	1 Quarter
Reinvestment of dividend distribution	`ReinvestmentOfStockholderDistributions`	$74.00	USD	1 Quarter
Reinvestment of dividend distribution	`ReinvestmentOfStockholderDistributions`	-	USD	1 Quarter
Reinvestment of dividend distribution	`ReinvestmentOfStockholderDistributions`	-	USD	1 Quarter
Accrual for deferred financing costs (Note 2)	`AccrualForDeferredFinancingCosts`	-	USD	1 Quarter
Accrual for deferred financing costs (Note 2)	`AccrualForDeferredFinancingCosts`	-	USD	1 Quarter
Accrual for deferred financing costs (Note 2)	`AccrualForDeferredFinancingCosts`	$725.87K	USD	1 Quarter
Accrual for deferred financing costs (Note 2)	`AccrualForDeferredFinancingCosts`	$725.87K	USD	1 Quarter
Excise taxed paid	`ExciseTaxesPaid`	$115.36K	USD	1 Quarter
Excise taxed paid	`ExciseTaxesPaid`	$115.36K	USD	1 Quarter
Excise taxed paid	`ExciseTaxesPaid`	$30.57K	USD	1 Quarter
Excise taxed paid	`ExciseTaxesPaid`	$30.57K	USD	1 Quarter

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