10-Q Filing

SARATOGA INVESTMENT CORP. CIK: 1377936 Q3 2023

Filing Information

Form Type	10-Q
Accession Number	`0001213900-23-002013`
Period End Date	20221130
Filing Date	20230110
Fiscal Year	2023
Fiscal Period	Q3
XBRL Instance	f10q1122_saratogainvest_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 83 Income Statement 164 Cash Flow Statement 54

Balance Sheet 83 line items

Line Item	Tag	Value	Unit	Period
Amortized cost of investments (in Dollars)	`InvestmentOwnedAtCost`	$654.97M	USD	Point-in-time
Amortized cost of investments (in Dollars)	`InvestmentOwnedAtCost`	$776.94M	USD	Point-in-time
Amortized cost of affiliate investments (in Dollars)	`InvestmentsInAndAdvancesToAffiliatesBalancePrincipalAmount`	$46.22M	USD	Point-in-time
Amortized cost of affiliate investments (in Dollars)	`InvestmentsInAndAdvancesToAffiliatesBalancePrincipalAmount`	$90.18M	USD	Point-in-time
Amortized cost of control investments (in Dollars)	`EquityMethodInvestmentAggregateCost`	$119.36M	USD	Point-in-time
Amortized cost of control investments (in Dollars)	`EquityMethodInvestmentAggregateCost`	$95.06M	USD	Point-in-time
Amortized cost of investment at fair value (in Dollars)	`AmortizedCostOfInvestmentAtFairValue`	$796.25M	USD	Point-in-time
Amortized cost of investment at fair value (in Dollars)	`AmortizedCostOfInvestmentAtFairValue`	$986.48M	USD	Point-in-time
Non-control/Non-affiliate investments (amortized cost of $776,943,715 and $654,965,044, respectively)	`InvestmentOwnedAtFairValue`	$777.91M	USD	Point-in-time
Net reserve of interest receivable (in Dollars)	`NetReserveOfInterestReceivable`	$1.63M	USD	Point-in-time
Net reserve of interest receivable (in Dollars)	`NetReserveOfInterestReceivable`	-	USD	Point-in-time
Non-control/Non-affiliate investments (amortized cost of $776,943,715 and $654,965,044, respectively)	`InvestmentOwnedAtFairValue`	$668.36M	USD	Point-in-time
Affiliate investments (amortized cost of $90,180,944 and $46,224,927, respectively)	`InvestmentsInAndAdvancesToAffiliatesAtFairValue`	$48.23M	USD	Point-in-time
Affiliate investments (amortized cost of $90,180,944 and $46,224,927, respectively)	`InvestmentsInAndAdvancesToAffiliatesAtFairValue`	$96.05M	USD	Point-in-time
Control investments (amortized cost of $119,358,478 and $95,058,356, respectively)	`EquityMethodInvestments`	$108.08M	USD	Point-in-time
Control investments (amortized cost of $119,358,478 and $95,058,356, respectively)	`EquityMethodInvestments`	$100.97M	USD	Point-in-time
Total investments at fair value (amortized cost of $986,483,137 and $796,248,327, respectively)	`InvestmentsFairValueDisclosure`	$817.57M	USD	Point-in-time
Total investments at fair value (amortized cost of $986,483,137 and $796,248,327, respectively)	`InvestmentsFairValueDisclosure`	$982.03M	USD	Point-in-time
Common stock par value (in Dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock par value (in Dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock par value (in Dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$5.67M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$47.26M	USD	Point-in-time
Common stock, shares authorized (in Shares)	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Cash and cash equivalents, reserve accounts	`RestrictedCashAndCashEquivalents`	$5.61M	USD	Point-in-time
Common stock, shares authorized (in Shares)	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Cash and cash equivalents, reserve accounts	`RestrictedCashAndCashEquivalents`	$41.38M	USD	Point-in-time
Cash and cash equivalents, reserve accounts	`RestrictedCashAndCashEquivalents`	$23.19M	USD	Point-in-time
Interest receivable (net of reserve of $1,626,140 and $0, respectively)	`InterestReceivable`	$8.82M	USD	Point-in-time
Common stock, shares issued (in Shares)	`CommonStockSharesIssued`	12.13M	shares	Point-in-time
Common stock, shares issued (in Shares)	`CommonStockSharesIssued`	11.89M	shares	Point-in-time
Interest receivable (net of reserve of $1,626,140 and $0, respectively)	`InterestReceivable`	$5.09M	USD	Point-in-time
Common stock, shares outstanding (in Shares)	`CommonStockSharesOutstanding`	12.13M	shares	Point-in-time
Common stock, shares outstanding (in Shares)	`CommonStockSharesOutstanding`	2.68M	shares	Point-in-time
Due from affiliate (See Note 7)	`DueFromAffiliateCurrent`	-	USD	Point-in-time
Common stock, shares outstanding (in Shares)	`CommonStockSharesOutstanding`	11.89M	shares	Point-in-time
Due from affiliate (See Note 7)	`DueFromAffiliateCurrent`	$90.97K	USD	Point-in-time
Management fee receivable	`ManagementFeeReceivable`	$362.55K	USD	Point-in-time
Management fee receivable	`ManagementFeeReceivable`	$363.81K	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$236.86K	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$254.98K	USD	Point-in-time
Current tax receivable	`IncomeTaxesReceivable`	$467.63K	USD	Point-in-time
Current tax receivable	`IncomeTaxesReceivable`	-	USD	Point-in-time
Total assets	`Assets`	$1.04B	USD	Point-in-time
Total assets	`Assets`	$876.24M	USD	Point-in-time
Revolving credit facility	`LineOfCredit`	$12.50M	USD	Point-in-time
Revolving credit facility	`LineOfCredit`	$25.00M	USD	Point-in-time
Base management and incentive fees payable	`BaseManagementAndIncentiveFeesPayable`	$9.56M	USD	Point-in-time
Base management and incentive fees payable	`BaseManagementAndIncentiveFeesPayable`	$12.95M	USD	Point-in-time
Deferred tax liability	`DeferredTaxLiabilitiesOther`	$2.14M	USD	Point-in-time
Deferred tax liability	`DeferredTaxLiabilitiesOther`	$1.25M	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent`	$1.27M	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent`	$799.06K	USD	Point-in-time
Current income tax payable	`AccruedIncomeTaxes`	$2.82M	USD	Point-in-time
Current income tax payable	`AccruedIncomeTaxes`	$26.84K	USD	Point-in-time
Interest and debt fees payable	`InterestPayableCurrentAndNoncurrent`	$2.80M	USD	Point-in-time
Interest and debt fees payable	`InterestPayableCurrentAndNoncurrent`	$4.95M	USD	Point-in-time
Directors fees payable	`DirectorsFeesPayable`	$70.00K	USD	Point-in-time
Directors fees payable	`DirectorsFeesPayable`	$95.93K	USD	Point-in-time
Due to manager	`DueToAffiliateCurrent`	$263.81K	USD	Point-in-time
Due to manager	`DueToAffiliateCurrent`	$6.19K	USD	Point-in-time
Excise tax payable	`SalesAndExciseTaxPayableCurrentAndNoncurrent`	-	USD	Point-in-time
Excise tax payable	`SalesAndExciseTaxPayableCurrentAndNoncurrent`	$630.18K	USD	Point-in-time
Total liabilities	`Liabilities`	$520.46M	USD	Point-in-time
Total liabilities	`Liabilities`	$703.20M	USD	Point-in-time
Commitments and contingencies (See Note 9)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (See Note 9)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Common stock, par value $0.001, 100,000,000 common shares authorized, 11,885,479 and 12,131,350 common shares issued and outstanding, respectively	`CommonStockValue`	$12.13K	USD	Point-in-time
Common stock, par value $0.001, 100,000,000 common shares authorized, 11,885,479 and 12,131,350 common shares issued and outstanding, respectively	`CommonStockValue`	$11.88K	USD	Point-in-time
Capital in excess of par value	`AdditionalPaidInCapitalCommonStock`	$328.06M	USD	Point-in-time
Capital in excess of par value	`AdditionalPaidInCapitalCommonStock`	$321.80M	USD	Point-in-time
Total distributable earnings (deficit)	`RetainedEarningsAccumulatedDeficit`	$27.71M	USD	Point-in-time
Total distributable earnings (deficit)	`RetainedEarningsAccumulatedDeficit`	$13.95M	USD	Point-in-time
Total net assets	`StockholdersEquity`	$304.19M	USD	Point-in-time
Total net assets	`StockholdersEquity`	$342.60M	USD	Point-in-time
Total net assets	`StockholdersEquity`	$335.76M	USD	Point-in-time
Total net assets	`StockholdersEquity`	$355.78M	USD	Point-in-time
Total liabilities and net assets	`LiabilitiesAndStockholdersEquity`	$876.24M	USD	Point-in-time
Total liabilities and net assets	`LiabilitiesAndStockholdersEquity`	$1.04B	USD	Point-in-time
NET ASSET VALUE PER SHARE (in Dollars per share)	`NetAssetValuePerShare`	$28.25	USD	Point-in-time
NET ASSET VALUE PER SHARE (in Dollars per share)	`NetAssetValuePerShare`	$29.17	USD	Point-in-time
NET ASSET VALUE PER SHARE (in Dollars per share)	`NetAssetValuePerShare`	$29.33	USD	Point-in-time
NET ASSET VALUE PER SHARE (in Dollars per share)	`NetAssetValuePerShare`	$27.25	USD	Point-in-time

Income Statement 164 line items

Line Item	Tag	Value	Unit	Period
WEIGHTED AVERAGE - BASIC AND DILUTED EARNINGS (LOSS) PER COMMON SHARE (in Dollars per share)	`EarningsPerShareDiluted`	$0.51	USD	1 Quarter
WEIGHTED AVERAGE - BASIC AND DILUTED EARNINGS (LOSS) PER COMMON SHARE (in Dollars per share)	`EarningsPerShareDiluted`	$0.46	USD	3 Qtrs
WEIGHTED AVERAGE - BASIC AND DILUTED EARNINGS (LOSS) PER COMMON SHARE (in Dollars per share)	`EarningsPerShareDiluted`	$3.30	USD	3 Qtrs
WEIGHTED AVERAGE - BASIC AND DILUTED EARNINGS (LOSS) PER COMMON SHARE (in Dollars per share)	`EarningsPerShareDiluted`	$0.73	USD	1 Quarter
WEIGHTED AVERAGE COMMON SHARES OUTSTANDING - BASIC AND DILUTED (in Shares)	`WeightedAverageNumberDilutedSharesOutstandingAdjustment`	11.45M	shares	1 Quarter
WEIGHTED AVERAGE COMMON SHARES OUTSTANDING - BASIC AND DILUTED (in Shares)	`WeightedAverageNumberDilutedSharesOutstandingAdjustment`	11.31M	shares	3 Qtrs
WEIGHTED AVERAGE COMMON SHARES OUTSTANDING - BASIC AND DILUTED (in Shares)	`WeightedAverageNumberDilutedSharesOutstandingAdjustment`	11.99M	shares	3 Qtrs
WEIGHTED AVERAGE COMMON SHARES OUTSTANDING - BASIC AND DILUTED (in Shares)	`WeightedAverageNumberDilutedSharesOutstandingAdjustment`	11.89M	shares	1 Quarter
Non-control/Non-affiliate investments	`InterestIncomeInterestEarningAsset`	$19.55M	USD	1 Quarter
Non-control/Non-affiliate investments	`InterestIncomeInterestEarningAsset`	$49.60M	USD	3 Qtrs
Non-control/Non-affiliate investments	`InterestIncomeInterestEarningAsset`	$33.69M	USD	3 Qtrs
Non-control/Non-affiliate investments	`InterestIncomeInterestEarningAsset`	$11.15M	USD	1 Quarter
Affiliate investments	`InterestIncomeOnAffiliateInvestments`	$4.29M	USD	3 Qtrs
Affiliate investments	`InterestIncomeOnAffiliateInvestments`	$2.33M	USD	3 Qtrs
Affiliate investments	`InterestIncomeOnAffiliateInvestments`	$1.06M	USD	1 Quarter
Affiliate investments	`InterestIncomeOnAffiliateInvestments`	$1.91M	USD	1 Quarter
Control investments	`InterestIncomeOnControlInvestments`	$1.67M	USD	1 Quarter
Control investments	`InterestIncomeOnControlInvestments`	$1.70M	USD	1 Quarter
Control investments	`InterestIncomeOnControlInvestments`	$5.62M	USD	3 Qtrs
Control investments	`InterestIncomeOnControlInvestments`	$4.73M	USD	3 Qtrs
Non-control/Non-affiliate investments	`PaymentInKindInterestIncomeOnNonControlAndNonAffiliateInvestments`	$115.72K	USD	1 Quarter
Non-control/Non-affiliate investments	`PaymentInKindInterestIncomeOnNonControlAndNonAffiliateInvestments`	$87.13K	USD	1 Quarter
Non-control/Non-affiliate investments	`PaymentInKindInterestIncomeOnNonControlAndNonAffiliateInvestments`	$1.00M	USD	3 Qtrs
Non-control/Non-affiliate investments	`PaymentInKindInterestIncomeOnNonControlAndNonAffiliateInvestments`	$258.56K	USD	3 Qtrs
Affiliate investments	`PaymentInKindInterestIncomeOnAffiliateInvestments`	$221.03K	USD	3 Qtrs
Affiliate investments	`PaymentInKindInterestIncomeOnAffiliateInvestments`	-	USD	3 Qtrs
Affiliate investments	`PaymentInKindInterestIncomeOnAffiliateInvestments`	-	USD	1 Quarter
Affiliate investments	`PaymentInKindInterestIncomeOnAffiliateInvestments`	$191.86K	USD	1 Quarter
Control investments	`PaymentInKindInterestIncomeOnControlInvestments`	$298.38K	USD	3 Qtrs
Control investments	`PaymentInKindInterestIncomeOnControlInvestments`	$260.16K	USD	3 Qtrs
Control investments	`PaymentInKindInterestIncomeOnControlInvestments`	$110.74K	USD	1 Quarter
Control investments	`PaymentInKindInterestIncomeOnControlInvestments`	$102.72K	USD	1 Quarter
Total interest from investments	`InvestmentIncomeNet`	$42.94M	USD	3 Qtrs
Total interest from investments	`InvestmentIncomeNet`	$59.36M	USD	3 Qtrs
Total interest from investments	`InvestmentIncomeNet`	$23.52M	USD	1 Quarter
Total interest from investments	`InvestmentIncomeNet`	$14.14M	USD	1 Quarter
Interest from cash and cash equivalents	`InterestFromCashAndCashEquivalents`	$968.00	USD	1 Quarter
Interest from cash and cash equivalents	`InterestFromCashAndCashEquivalents`	$235.41K	USD	3 Qtrs
Interest from cash and cash equivalents	`InterestFromCashAndCashEquivalents`	$2.56K	USD	3 Qtrs
Interest from cash and cash equivalents	`InterestFromCashAndCashEquivalents`	$200.26K	USD	1 Quarter
Management fee income	`ManagementFeeIncome`	$2.45M	USD	3 Qtrs
Management fee income	`ManagementFeeIncome`	$815.74K	USD	1 Quarter
Management fee income	`ManagementFeeIncome`	$2.45M	USD	3 Qtrs
Management fee income	`ManagementFeeIncome`	$818.25K	USD	1 Quarter
Dividend Income	`OtherInterestAndDividendIncome`	$436.94K	USD	1 Quarter
Dividend Income	`OtherInterestAndDividendIncome`	$949.76K	USD	3 Qtrs
Dividend Income	`OtherInterestAndDividendIncome`	$537.62K	USD	1 Quarter
Dividend Income	`OtherInterestAndDividendIncome`	$1.60M	USD	3 Qtrs
Structuring and advisory fee income	`InvestmentBankingAdvisoryBrokerageAndUnderwritingFeesAndCommissions`	$2.81M	USD	3 Qtrs
Structuring and advisory fee income	`InvestmentBankingAdvisoryBrokerageAndUnderwritingFeesAndCommissions`	$2.92M	USD	3 Qtrs
Structuring and advisory fee income	`InvestmentBankingAdvisoryBrokerageAndUnderwritingFeesAndCommissions`	$553.50K	USD	1 Quarter
Structuring and advisory fee income	`InvestmentBankingAdvisoryBrokerageAndUnderwritingFeesAndCommissions`	$582.50K	USD	1 Quarter
Other income	`OtherIncome`	$427.92K	USD	1 Quarter
Other income	`OtherIncome`	$731.17K	USD	1 Quarter
Other income	`OtherIncome`	$983.28K	USD	3 Qtrs
Other income	`OtherIncome`	$1.85M	USD	3 Qtrs
Total investment income	`InvestmentIncomeNonoperating`	$16.50M	USD	1 Quarter
Total investment income	`InvestmentIncomeNonoperating`	$51.76M	USD	3 Qtrs
Total investment income	`InvestmentIncomeNonoperating`	$66.79M	USD	3 Qtrs
Total investment income	`InvestmentIncomeNonoperating`	$26.26M	USD	1 Quarter
Interest and debt financing expenses	`InterestAndDebtExpense`	$14.37M	USD	3 Qtrs
Interest and debt financing expenses	`InterestAndDebtExpense`	$23.24M	USD	3 Qtrs
Interest and debt financing expenses	`InterestAndDebtExpense`	$4.84M	USD	1 Quarter
Interest and debt financing expenses	`InterestAndDebtExpense`	$8.45M	USD	1 Quarter
Base management fees	`ManagementFeeExpense`	$12.16M	USD	3 Qtrs
Base management fees	`ManagementFeeExpense`	$4.26M	USD	1 Quarter
Base management fees	`ManagementFeeExpense`	$8.68M	USD	3 Qtrs
Base management fees	`ManagementFeeExpense`	$2.92M	USD	1 Quarter
Incentive management fees expense (benefit)	`IncentiveManagementFeesExpenseBenefit`	$1.53M	USD	1 Quarter
Incentive management fees expense (benefit)	`IncentiveManagementFeesExpenseBenefit`	$216.91K	USD	3 Qtrs
Incentive management fees expense (benefit)	`IncentiveManagementFeesExpenseBenefit`	$2.42M	USD	1 Quarter
Incentive management fees expense (benefit)	`IncentiveManagementFeesExpenseBenefit`	$9.70M	USD	3 Qtrs
Professional fees	`ProfessionalFees`	$863.38K	USD	3 Qtrs
Professional fees	`ProfessionalFees`	$558.53K	USD	1 Quarter
Professional fees	`ProfessionalFees`	$1.34M	USD	3 Qtrs
Professional fees	`ProfessionalFees`	$-104.44K	USD	1 Quarter
Administrator expenses	`AdministrativeFeesExpense`	$2.34M	USD	3 Qtrs
Administrator expenses	`AdministrativeFeesExpense`	$750.00K	USD	1 Quarter
Administrator expenses	`AdministrativeFeesExpense`	$818.75K	USD	1 Quarter
Administrator expenses	`AdministrativeFeesExpense`	$2.16M	USD	3 Qtrs
Insurance	`GeneralInsuranceExpense`	$266.72K	USD	3 Qtrs
Insurance	`GeneralInsuranceExpense`	$85.40K	USD	1 Quarter
Insurance	`GeneralInsuranceExpense`	$258.04K	USD	3 Qtrs
Insurance	`GeneralInsuranceExpense`	$89.19K	USD	1 Quarter
Directors fees and expenses	`NoninterestExpenseDirectorsFees`	$300.00K	USD	3 Qtrs
Directors fees and expenses	`NoninterestExpenseDirectorsFees`	$80.00K	USD	1 Quarter
Directors fees and expenses	`NoninterestExpenseDirectorsFees`	$73.10K	USD	1 Quarter
Directors fees and expenses	`NoninterestExpenseDirectorsFees`	$265.60K	USD	3 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$525.20K	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$357.73K	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$1.30M	USD	3 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$1.49M	USD	3 Qtrs
Income tax expense (benefit)	`OtherIncomeTaxExpenseBenefitContinuingOperations`	$-40.52K	USD	1 Quarter
Income tax expense (benefit)	`OtherIncomeTaxExpenseBenefitContinuingOperations`	$-132.49K	USD	3 Qtrs
Income tax expense (benefit)	`OtherIncomeTaxExpenseBenefitContinuingOperations`	$68.14K	USD	1 Quarter
Income tax expense (benefit)	`OtherIncomeTaxExpenseBenefitContinuingOperations`	$18.08K	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$11.31M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$37.61M	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$16.38M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$41.24M	USD	3 Qtrs
NET INVESTMENT INCOME	`NetInvestmentIncome`	$14.15M	USD	3 Qtrs
NET INVESTMENT INCOME	`NetInvestmentIncome`	$5.20M	USD	1 Quarter
NET INVESTMENT INCOME	`NetInvestmentIncome`	$25.55M	USD	3 Qtrs
NET INVESTMENT INCOME	`NetInvestmentIncome`	$9.88M	USD	1 Quarter
Non-control/Non-affiliate investments	`RealizedGainLossFromAffiliateInvestments`	$-740.43K	USD	1 Quarter
Non-control/Non-affiliate investments	`RealizedGainLossFromAffiliateInvestments`	$6.14M	USD	3 Qtrs
Non-control/Non-affiliate investments	`RealizedGainLossFromAffiliateInvestments`	$7.37M	USD	3 Qtrs
Non-control/Non-affiliate investments	`RealizedGainLossFromAffiliateInvestments`	$2.59M	USD	1 Quarter
Affiliate investments	`AffiliateInvestments`	-	USD	3 Qtrs
Affiliate investments	`AffiliateInvestments`	-	USD	1 Quarter
Affiliate investments	`AffiliateInvestments`	$7.33M	USD	3 Qtrs
Affiliate investments	`AffiliateInvestments`	$7.33M	USD	1 Quarter
Control investments	`RealizedGainLossFromControlInvestments`	-	USD	3 Qtrs
Control investments	`RealizedGainLossFromControlInvestments`	$-139.87K	USD	3 Qtrs
Control investments	`RealizedGainLossFromControlInvestments`	-	USD	1 Quarter
Control investments	`RealizedGainLossFromControlInvestments`	-	USD	1 Quarter
Net realized gain (loss) from investments	`RealizedInvestmentGainsLosses`	$-740.43K	USD	1 Quarter
Net realized gain (loss) from investments	`RealizedInvestmentGainsLosses`	$9.92M	USD	1 Quarter
Net realized gain (loss) from investments	`RealizedInvestmentGainsLosses`	$13.33M	USD	3 Qtrs
Net realized gain (loss) from investments	`RealizedInvestmentGainsLosses`	$7.37M	USD	3 Qtrs
Income tax (provision) benefit from realized gain on investments	`IncomeTaxProvisionBenefitFromRealizedGainLossOnInvestments`	$-2.90M	USD	3 Qtrs
Income tax (provision) benefit from realized gain on investments	`IncomeTaxProvisionBenefitFromRealizedGainLossOnInvestments`	$-2.45M	USD	1 Quarter
Income tax (provision) benefit from realized gain on investments	`IncomeTaxProvisionBenefitFromRealizedGainLossOnInvestments`	$479.32K	USD	1 Quarter
Income tax (provision) benefit from realized gain on investments	`IncomeTaxProvisionBenefitFromRealizedGainLossOnInvestments`	$548.57K	USD	3 Qtrs
Non-control/Non-affiliate investments	`UnrealizedAppreciationDepreciationOnNonControlAndNonAffiliateInvestments`	$3.89M	USD	1 Quarter
Non-control/Non-affiliate investments	`UnrealizedAppreciationDepreciationOnNonControlAndNonAffiliateInvestments`	$11.59M	USD	3 Qtrs
Non-control/Non-affiliate investments	`UnrealizedAppreciationDepreciationOnNonControlAndNonAffiliateInvestments`	$2.08M	USD	1 Quarter
Non-control/Non-affiliate investments	`UnrealizedAppreciationDepreciationOnNonControlAndNonAffiliateInvestments`	$-12.43M	USD	3 Qtrs
Affiliate investments	`UnrealizedAppreciationDepreciationOnAffiliateInvestments`	$693.48K	USD	1 Quarter
Affiliate investments	`UnrealizedAppreciationDepreciationOnAffiliateInvestments`	$-1.67M	USD	3 Qtrs
Affiliate investments	`UnrealizedAppreciationDepreciationOnAffiliateInvestments`	$-7.41M	USD	1 Quarter
Affiliate investments	`UnrealizedAppreciationDepreciationOnAffiliateInvestments`	$3.86M	USD	3 Qtrs
Control investments	`UnrealizedAppreciationDepreciationOnControlInvestments`	$-5.95M	USD	1 Quarter
Control investments	`UnrealizedAppreciationDepreciationOnControlInvestments`	$-17.20M	USD	3 Qtrs
Control investments	`UnrealizedAppreciationDepreciationOnControlInvestments`	$-2.52M	USD	1 Quarter
Control investments	`UnrealizedAppreciationDepreciationOnControlInvestments`	$4.22M	USD	3 Qtrs
Net change in unrealized appreciation (depreciation) on investments	`NetChangeInUnrealizedAppreciationdepreciationOnInvestments`	$-6.04M	USD	1 Quarter
Net change in unrealized appreciation (depreciation) on investments	`NetChangeInUnrealizedAppreciationdepreciationOnInvestments`	$-25.77M	USD	3 Qtrs
Net change in unrealized appreciation (depreciation) on investments	`NetChangeInUnrealizedAppreciationdepreciationOnInvestments`	$-3.18M	USD	1 Quarter
Net change in unrealized appreciation (depreciation) on investments	`NetChangeInUnrealizedAppreciationdepreciationOnInvestments`	$14.15M	USD	3 Qtrs
Net change in provision for deferred taxes on unrealized (appreciation) depreciation on investments	`InvestmentCompanyDeferredIncomeTaxUnrealizedAppreciation`	$425.85K	USD	1 Quarter
Net change in provision for deferred taxes on unrealized (appreciation) depreciation on investments	`InvestmentCompanyDeferredIncomeTaxUnrealizedAppreciation`	$-2.48M	USD	1 Quarter
Net change in provision for deferred taxes on unrealized (appreciation) depreciation on investments	`InvestmentCompanyDeferredIncomeTaxUnrealizedAppreciation`	$1.02M	USD	3 Qtrs
Net change in provision for deferred taxes on unrealized (appreciation) depreciation on investments	`InvestmentCompanyDeferredIncomeTaxUnrealizedAppreciation`	$-921.61K	USD	3 Qtrs
Net realized and unrealized gain (loss) on investments	`NetRealizedAndUnrealizedGainlossOnInvestments`	$-18.87M	USD	3 Qtrs
Net realized and unrealized gain (loss) on investments	`NetRealizedAndUnrealizedGainlossOnInvestments`	$3.91M	USD	1 Quarter
Net realized and unrealized gain (loss) on investments	`NetRealizedAndUnrealizedGainlossOnInvestments`	$-3.86M	USD	1 Quarter
Net realized and unrealized gain (loss) on investments	`NetRealizedAndUnrealizedGainlossOnInvestments`	$25.50M	USD	3 Qtrs
Realized losses on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-764.12K	USD	1 Quarter
Realized losses on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-1.20M	USD	3 Qtrs
Realized losses on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Realized losses on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-2.32M	USD	3 Qtrs
NET INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS	`InvestmentCompanyNetAssetsFromOperationsIncreaseDecrease`	$6.01M	USD	1 Quarter
NET INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS	`InvestmentCompanyNetAssetsFromOperationsIncreaseDecrease`	$5.48M	USD	3 Qtrs
NET INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS	`InvestmentCompanyNetAssetsFromOperationsIncreaseDecrease`	$8.34M	USD	1 Quarter
NET INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS	`InvestmentCompanyNetAssetsFromOperationsIncreaseDecrease`	$37.33M	USD	3 Qtrs
WEIGHTED AVERAGE - BASIC AND DILUTED EARNINGS (LOSS) PER COMMON SHARE (in Dollars per share)	`EarningsPerShareBasic`	$0.46	USD	3 Qtrs
WEIGHTED AVERAGE - BASIC AND DILUTED EARNINGS (LOSS) PER COMMON SHARE (in Dollars per share)	`EarningsPerShareBasic`	$0.51	USD	1 Quarter
WEIGHTED AVERAGE - BASIC AND DILUTED EARNINGS (LOSS) PER COMMON SHARE (in Dollars per share)	`EarningsPerShareBasic`	$0.73	USD	1 Quarter
WEIGHTED AVERAGE - BASIC AND DILUTED EARNINGS (LOSS) PER COMMON SHARE (in Dollars per share)	`EarningsPerShareBasic`	$3.30	USD	3 Qtrs
WEIGHTED AVERAGE COMMON SHARES OUTSTANDING - BASIC AND DILUTED (in Shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	11.45M	shares	1 Quarter
WEIGHTED AVERAGE COMMON SHARES OUTSTANDING - BASIC AND DILUTED (in Shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	11.99M	shares	3 Qtrs
WEIGHTED AVERAGE COMMON SHARES OUTSTANDING - BASIC AND DILUTED (in Shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	11.31M	shares	3 Qtrs
WEIGHTED AVERAGE COMMON SHARES OUTSTANDING - BASIC AND DILUTED (in Shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	11.89M	shares	1 Quarter

Cash Flow Statement 54 line items

Line Item	Tag	Value	Unit	Period
Net investment income	`NetInvestmentIncome`	$14.15M	USD	3 Qtrs
Net investment income	`NetInvestmentIncome`	$5.20M	USD	1 Quarter
Net investment income	`NetInvestmentIncome`	$25.55M	USD	3 Qtrs
Net investment income	`NetInvestmentIncome`	$9.88M	USD	1 Quarter
Net realized gain from investments	`RealizedInvestmentGainsLosses`	$-740.43K	USD	1 Quarter
Net realized gain from investments	`RealizedInvestmentGainsLosses`	$9.92M	USD	1 Quarter
Net realized gain from investments	`RealizedInvestmentGainsLosses`	$13.33M	USD	3 Qtrs
Net realized gain from investments	`RealizedInvestmentGainsLosses`	$7.37M	USD	3 Qtrs
Realized losses on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-764.12K	USD	1 Quarter
Realized losses on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-1.20M	USD	3 Qtrs
Realized losses on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Realized losses on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-2.32M	USD	3 Qtrs
Income tax (provision) benefit from realized gain on investments	`IncomeTaxProvisionBenefitFromRealizedGainLossOnInvestments`	$-2.90M	USD	3 Qtrs
Income tax (provision) benefit from realized gain on investments	`IncomeTaxProvisionBenefitFromRealizedGainLossOnInvestments`	$-2.45M	USD	1 Quarter
Income tax (provision) benefit from realized gain on investments	`IncomeTaxProvisionBenefitFromRealizedGainLossOnInvestments`	$479.32K	USD	1 Quarter
Income tax (provision) benefit from realized gain on investments	`IncomeTaxProvisionBenefitFromRealizedGainLossOnInvestments`	$548.57K	USD	3 Qtrs
Net change in unrealized appreciation (depreciation) on investments	`NetChangeInUnrealizedAppreciationdepreciationOnInvestments`	$-6.04M	USD	1 Quarter
Net change in unrealized appreciation (depreciation) on investments	`NetChangeInUnrealizedAppreciationdepreciationOnInvestments`	$-25.77M	USD	3 Qtrs
Net change in unrealized appreciation (depreciation) on investments	`NetChangeInUnrealizedAppreciationdepreciationOnInvestments`	$-3.18M	USD	1 Quarter
Net change in unrealized appreciation (depreciation) on investments	`NetChangeInUnrealizedAppreciationdepreciationOnInvestments`	$14.15M	USD	3 Qtrs
Net change in provision for deferred taxes on unrealized (appreciation) depreciation on investments	`InvestmentCompanyDeferredIncomeTaxUnrealizedAppreciation`	$425.85K	USD	1 Quarter
Net change in provision for deferred taxes on unrealized (appreciation) depreciation on investments	`InvestmentCompanyDeferredIncomeTaxUnrealizedAppreciation`	$-2.48M	USD	1 Quarter
Net change in provision for deferred taxes on unrealized (appreciation) depreciation on investments	`InvestmentCompanyDeferredIncomeTaxUnrealizedAppreciation`	$1.02M	USD	3 Qtrs
Net change in provision for deferred taxes on unrealized (appreciation) depreciation on investments	`InvestmentCompanyDeferredIncomeTaxUnrealizedAppreciation`	$-921.61K	USD	3 Qtrs
Net increase (decrease) in net assets resulting from operations	`InvestmentCompanyNetAssetsFromOperationsIncreaseDecrease`	$6.01M	USD	1 Quarter
Net increase (decrease) in net assets resulting from operations	`InvestmentCompanyNetAssetsFromOperationsIncreaseDecrease`	$5.48M	USD	3 Qtrs
Net increase (decrease) in net assets resulting from operations	`InvestmentCompanyNetAssetsFromOperationsIncreaseDecrease`	$8.34M	USD	1 Quarter
Net increase (decrease) in net assets resulting from operations	`InvestmentCompanyNetAssetsFromOperationsIncreaseDecrease`	$37.33M	USD	3 Qtrs
Total distributions to shareholders	`InvestmentCompanyDistributionToShareholders`	$-19.23M	USD	3 Qtrs
Total distributions to shareholders	`InvestmentCompanyDistributionToShareholders`	$-15.60M	USD	3 Qtrs
Net decrease in net assets from shareholder distributions	`NetDecreaseInNetAssetsFromShareholderDistributions`	$-15.60M	USD	3 Qtrs
Net decrease in net assets from shareholder distributions	`NetDecreaseInNetAssetsFromShareholderDistributions`	$-19.23M	USD	3 Qtrs
Proceeds from issuance of common stock	`StockIssuedDuringPeriodValueNewIssues`	$15.32M	USD	3 Qtrs
Proceeds from issuance of common stock	`StockIssuedDuringPeriodValueNewIssues`	-	USD	3 Qtrs
Stock dividend distribution	`InvestmentCompanyDividendDistributions`	$2.76M	USD	3 Qtrs
Stock dividend distribution	`InvestmentCompanyDividendDistributions`	$3.35M	USD	3 Qtrs
Repurchases of common stock	`StockRepurchasedDuringPeriodValue`	$1.25M	USD	3 Qtrs
Repurchases of common stock	`StockRepurchasedDuringPeriodValue`	$9.60M	USD	3 Qtrs
Repurchase fees	`InvestmentCompanyCapitalShareTransactionsRepurchaseFees`	$7.79K	USD	3 Qtrs
Repurchase fees	`InvestmentCompanyCapitalShareTransactionsRepurchaseFees`	$992.00	USD	3 Qtrs
Offering costs	`ProceedsFromIssuanceInitialPublicOffering`	-	USD	3 Qtrs
Offering costs	`ProceedsFromIssuanceInitialPublicOffering`	$143.14K	USD	3 Qtrs
Net increase (decrease) in net assets from capital share transactions	`NetIncreaseDecreaseInNetAssetsFromCapitalShareTransactions`	$-6.26M	USD	3 Qtrs
Net increase (decrease) in net assets from capital share transactions	`NetIncreaseDecreaseInNetAssetsFromCapitalShareTransactions`	$16.68M	USD	3 Qtrs
Total increase (decrease) in net assets	`InvestmentCompanyNetAssetsPeriodIncreaseDecrease`	$-20.02M	USD	3 Qtrs
Total increase (decrease) in net assets	`InvestmentCompanyNetAssetsPeriodIncreaseDecrease`	$38.42M	USD	3 Qtrs
Net assets at beginning of period	`StockholdersEquity`	$304.19M	USD	Point-in-time
Net assets at beginning of period	`StockholdersEquity`	$342.60M	USD	Point-in-time
Net assets at beginning of period	`StockholdersEquity`	$335.76M	USD	Point-in-time
Net assets at beginning of period	`StockholdersEquity`	$355.78M	USD	Point-in-time
Net assets at end of period	`StockholdersEquity`	$304.19M	USD	Point-in-time
Net assets at end of period	`StockholdersEquity`	$342.60M	USD	Point-in-time
Net assets at end of period	`StockholdersEquity`	$335.76M	USD	Point-in-time
Net assets at end of period	`StockholdersEquity`	$355.78M	USD	Point-in-time

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