10-Q Filing

GLADSTONE INVESTMENT CORPORATIONDE CIK: 1321741 Q2 2023

Filing Information

Form Type	10-Q
Accession Number	`0001321741-22-000024`
Period End Date	20220930
Filing Date	20221101
Fiscal Year	2023
Fiscal Period	Q2
XBRL Instance	gain-20220930_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 79 Income Statement 108 Cash Flow Statement 70

Balance Sheet 79 line items

Line Item	Tag	Value	Unit	Period
Cost	`InvestmentOwnedAtCost`	$669.25M	USD	Point-in-time
Cost	`InvestmentOwnedAtCost`	$703.22M	USD	Point-in-time
Line of credit at cost	`LettersOfCreditOutstandingAmount`	-	USD	Point-in-time
Line of credit at cost	`LettersOfCreditOutstandingAmount`	$16.60M	USD	Point-in-time
Common stock, par value (in USD per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, par value (in USD per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Common stock, shares, issued (In shares)	`CommonStockSharesIssued`	33.21M	shares	Point-in-time
Common stock, shares, issued (In shares)	`CommonStockSharesIssued`	33.23M	shares	Point-in-time
Common stock, shares, outstanding (in shares)	`CommonStockSharesOutstanding`	33.21M	shares	Point-in-time
Investments at fair value	`InvestmentOwnedAtFairValue`	$714.40M	USD	Point-in-time
Investments at fair value	`InvestmentOwnedAtFairValue`	$737.93M	USD	Point-in-time
Common stock, shares, outstanding (in shares)	`CommonStockSharesOutstanding`	33.23M	shares	Point-in-time
Common stock, shares, outstanding (in shares)	`CommonStockSharesOutstanding`	33.21M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$14.19M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$2.56M	USD	Point-in-time
Restricted cash and cash equivalents	`RestrictedCashAndCashEquivalents`	$346.00K	USD	Point-in-time
Restricted cash and cash equivalents	`RestrictedCashAndCashEquivalents`	$305.00K	USD	Point-in-time
Interest receivable	`InterestReceivable`	$3.00M	USD	Point-in-time
Interest receivable	`InterestReceivable`	$3.04M	USD	Point-in-time
Due from administrative agent	`DueFromAdministrativeAgent`	$6.41M	USD	Point-in-time
Due from administrative agent	`DueFromAdministrativeAgent`	$2.24M	USD	Point-in-time
Deferred financing costs, net	`DeferredFinanceCostsNet`	$895.00K	USD	Point-in-time
Deferred financing costs, net	`DeferredFinanceCostsNet`	$701.00K	USD	Point-in-time
Other assets, net	`OtherAssets`	$1.18M	USD	Point-in-time
Other assets, net	`OtherAssets`	$1.85M	USD	Point-in-time
TOTAL ASSETS	`Assets`	$740.41M	USD	Point-in-time
TOTAL ASSETS	`Assets`	$748.63M	USD	Point-in-time
Line of credit at fair value (Cost of $16,600 and $0, respectively)	`LineOfCredit`	-	USD	Point-in-time
Line of credit at fair value (Cost of $16,600 and $0, respectively)	`LineOfCredit`	$16.60M	USD	Point-in-time
Notes payable, net	`NotesPayable`	$256.80M	USD	Point-in-time
Notes payable, net	`NotesPayable`	$256.25M	USD	Point-in-time
Secured borrowing	`SecuredDebt`	-	USD	Point-in-time
Secured borrowing	`SecuredDebt`	$5.10M	USD	Point-in-time
Total borrowings	`LongTermDebt`	$273.40M	USD	Point-in-time
Total borrowings	`LongTermDebt`	$261.35M	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent`	$1.80M	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent`	$799.00K	USD	Point-in-time
Interest payable	`InterestPayableCurrentAndNoncurrent`	$2.21M	USD	Point-in-time
Interest payable	`InterestPayableCurrentAndNoncurrent`	$2.19M	USD	Point-in-time
Fees due to related party	`DueToRelatedPartiesCurrentAndNoncurrent`	$29.91M	USD	Point-in-time
Fees due to related party	`DueToRelatedPartiesCurrentAndNoncurrent`	$28.41M	USD	Point-in-time
Other liabilities	`OtherLiabilities`	$330.00K	USD	Point-in-time
Other liabilities	`OtherLiabilities`	$346.00K	USD	Point-in-time
TOTAL LIABILITIES	`Liabilities`	$306.16M	USD	Point-in-time
TOTAL LIABILITIES	`Liabilities`	$294.58M	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
TOTAL NET ASSETS	`StockholdersEquity`	$442.47M	USD	Point-in-time
TOTAL NET ASSETS	`StockholdersEquity`	$440.70M	USD	Point-in-time
TOTAL NET ASSETS	`StockholdersEquity`	$446.41M	USD	Point-in-time
TOTAL NET ASSETS	`StockholdersEquity`	$382.36M	USD	Point-in-time
TOTAL NET ASSETS	`StockholdersEquity`	$445.83M	USD	Point-in-time
TOTAL NET ASSETS	`StockholdersEquity`	$420.54M	USD	Point-in-time
Common stock, $0.001 par value per share, 100,000,000 shares authorized, 33,234,663 and 33,205,023 shares issued and outstanding, respectively	`CommonStockValue`	$33.00K	USD	Point-in-time
Common stock, $0.001 par value per share, 100,000,000 shares authorized, 33,234,663 and 33,205,023 shares issued and outstanding, respectively	`CommonStockValue`	$33.00K	USD	Point-in-time
Capital in excess of par value	`AdditionalPaidInCapital`	$397.13M	USD	Point-in-time
Capital in excess of par value	`AdditionalPaidInCapital`	$397.95M	USD	Point-in-time
Cumulative net unrealized appreciation (depreciation) of investments	`InvestmentCompanyDistributableEarningsLossAccumulatedAppreciationDepreciation`	$34.72M	USD	Point-in-time
Cumulative net unrealized appreciation (depreciation) of investments	`InvestmentCompanyDistributableEarningsLossAccumulatedAppreciationDepreciation`	$45.15M	USD	Point-in-time
Overdistributed net investment income	`InvestmentCompanyDistributableEarningsLossAccumulatedOrdinaryIncomeLoss`	$-12.99M	USD	Point-in-time
Overdistributed net investment income	`InvestmentCompanyDistributableEarningsLossAccumulatedOrdinaryIncomeLoss`	$-1.07M	USD	Point-in-time
Accumulated net realized gain in excess of distributions	`InvestmentCompanyAccumulatedNetRealizedGainInExcessOfDistributions`	$11.66M	USD	Point-in-time
Accumulated net realized gain in excess of distributions	`InvestmentCompanyAccumulatedNetRealizedGainInExcessOfDistributions`	$15.70M	USD	Point-in-time
Total distributable earnings	`RetainedEarningsAccumulatedDeficit`	$47.85M	USD	Point-in-time
Total distributable earnings	`RetainedEarningsAccumulatedDeficit`	$45.31M	USD	Point-in-time
TOTAL NET ASSETS	`StockholdersEquity`	$442.47M	USD	Point-in-time
TOTAL NET ASSETS	`StockholdersEquity`	$440.70M	USD	Point-in-time
TOTAL NET ASSETS	`StockholdersEquity`	$446.41M	USD	Point-in-time
TOTAL NET ASSETS	`StockholdersEquity`	$382.36M	USD	Point-in-time
TOTAL NET ASSETS	`StockholdersEquity`	$445.83M	USD	Point-in-time
TOTAL NET ASSETS	`StockholdersEquity`	$420.54M	USD	Point-in-time
NET ASSET VALUE PER SHARE (in USD per share)	`NetAssetValuePerShare`	$13.44	USD	Point-in-time
NET ASSET VALUE PER SHARE (in USD per share)	`NetAssetValuePerShare`	$12.66	USD	Point-in-time
NET ASSET VALUE PER SHARE (in USD per share)	`NetAssetValuePerShare`	$11.52	USD	Point-in-time
NET ASSET VALUE PER SHARE (in USD per share)	`NetAssetValuePerShare`	$13.31	USD	Point-in-time
NET ASSET VALUE PER SHARE (in USD per share)	`NetAssetValuePerShare`	$13.43	USD	Point-in-time
NET ASSET VALUE PER SHARE (in USD per share)	`NetAssetValuePerShare`	$13.27	USD	Point-in-time

Income Statement 108 line items

Line Item	Tag	Value	Unit	Period
Interest income	`InterestIncomeOperatingPaidInCash`	$26.98M	USD	2 Qtrs
Interest income	`InterestIncomeOperatingPaidInCash`	$14.24M	USD	1 Quarter
Interest income	`InterestIncomeOperatingPaidInCash`	$14.30M	USD	1 Quarter
Interest income	`InterestIncomeOperatingPaidInCash`	$30.29M	USD	2 Qtrs
Dividend income	`DividendIncomeOperatingPaidInCash`	$1.59M	USD	1 Quarter
Dividend income	`DividendIncomeOperatingPaidInCash`	$4.83M	USD	1 Quarter
Dividend income	`DividendIncomeOperatingPaidInCash`	$1.59M	USD	2 Qtrs
Dividend income	`DividendIncomeOperatingPaidInCash`	$6.38M	USD	2 Qtrs
Success fee income	`FeeIncome`	$2.65M	USD	1 Quarter
Success fee income	`FeeIncome`	$1.73M	USD	1 Quarter
Success fee income	`FeeIncome`	$6.73M	USD	2 Qtrs
Success fee income	`FeeIncome`	$4.68M	USD	2 Qtrs
Total investment income	`GrossInvestmentIncomeOperating`	$18.54M	USD	1 Quarter
Total investment income	`GrossInvestmentIncomeOperating`	$40.09M	USD	2 Qtrs
Total investment income	`GrossInvestmentIncomeOperating`	$20.80M	USD	1 Quarter
Total investment income	`GrossInvestmentIncomeOperating`	$36.56M	USD	2 Qtrs
Base management fee	`ManagementFeeExpense`	$3.61M	USD	1 Quarter
Base management fee	`ManagementFeeExpense`	$3.58M	USD	1 Quarter
Base management fee	`ManagementFeeExpense`	$6.90M	USD	2 Qtrs
Base management fee	`ManagementFeeExpense`	$7.18M	USD	2 Qtrs
Loan servicing fee	`LoanProcessingFee`	$3.67M	USD	2 Qtrs
Loan servicing fee	`LoanProcessingFee`	$3.66M	USD	2 Qtrs
Loan servicing fee	`LoanProcessingFee`	$1.92M	USD	1 Quarter
Loan servicing fee	`LoanProcessingFee`	$1.79M	USD	1 Quarter
Incentive fee	`IncentiveFeeExpense`	$19.60M	USD	2 Qtrs
Incentive fee	`IncentiveFeeExpense`	$768.00K	USD	1 Quarter
Incentive fee	`IncentiveFeeExpense`	$7.35M	USD	1 Quarter
Incentive fee	`IncentiveFeeExpense`	$3.78M	USD	2 Qtrs
Administration fee	`AdministrativeFeesExpense`	$562.00K	USD	1 Quarter
Administration fee	`AdministrativeFeesExpense`	$571.00K	USD	1 Quarter
Administration fee	`AdministrativeFeesExpense`	$942.00K	USD	2 Qtrs
Administration fee	`AdministrativeFeesExpense`	$970.00K	USD	2 Qtrs
Interest expense on borrowings	`InterestExpenseBorrowings`	$3.86M	USD	1 Quarter
Interest expense on borrowings	`InterestExpenseBorrowings`	$3.08M	USD	1 Quarter
Interest expense on borrowings	`InterestExpenseBorrowings`	$7.64M	USD	2 Qtrs
Interest expense on borrowings	`InterestExpenseBorrowings`	$5.38M	USD	2 Qtrs
Dividends on mandatorily redeemable preferred stock	`RedeemablePreferredStockDividends`	$2.31M	USD	2 Qtrs
Dividends on mandatorily redeemable preferred stock	`RedeemablePreferredStockDividends`	$802.00K	USD	1 Quarter
Dividends on mandatorily redeemable preferred stock	`RedeemablePreferredStockDividends`	-	USD	2 Qtrs
Dividends on mandatorily redeemable preferred stock	`RedeemablePreferredStockDividends`	-	USD	1 Quarter
Amortization of deferred financing costs and discounts	`AmortizationOfFinancingCostsAndDiscounts`	$452.00K	USD	1 Quarter
Amortization of deferred financing costs and discounts	`AmortizationOfFinancingCostsAndDiscounts`	$450.00K	USD	1 Quarter
Amortization of deferred financing costs and discounts	`AmortizationOfFinancingCostsAndDiscounts`	$908.00K	USD	2 Qtrs
Amortization of deferred financing costs and discounts	`AmortizationOfFinancingCostsAndDiscounts`	$898.00K	USD	2 Qtrs
Professional fees	`ProfessionalFees`	$1.23M	USD	2 Qtrs
Professional fees	`ProfessionalFees`	$938.00K	USD	1 Quarter
Professional fees	`ProfessionalFees`	$343.00K	USD	1 Quarter
Professional fees	`ProfessionalFees`	$649.00K	USD	2 Qtrs
Other general and administrative expenses	`OtherGeneralAndAdministrativeExpense`	$2.17M	USD	2 Qtrs
Other general and administrative expenses	`OtherGeneralAndAdministrativeExpense`	$2.01M	USD	2 Qtrs
Other general and administrative expenses	`OtherGeneralAndAdministrativeExpense`	$816.00K	USD	1 Quarter
Other general and administrative expenses	`OtherGeneralAndAdministrativeExpense`	$1.12M	USD	1 Quarter
Expenses before credits from Adviser	`InvestmentIncomeInvestmentExpense`	$27.35M	USD	2 Qtrs
Expenses before credits from Adviser	`InvestmentIncomeInvestmentExpense`	$19.10M	USD	1 Quarter
Expenses before credits from Adviser	`InvestmentIncomeInvestmentExpense`	$42.55M	USD	2 Qtrs
Expenses before credits from Adviser	`InvestmentIncomeInvestmentExpense`	$12.92M	USD	1 Quarter
Credits to base management fee loan servicing fee	`InvestmentCompanyContractualFeeWaived`	$1.92M	USD	1 Quarter
Credits to base management fee loan servicing fee	`InvestmentCompanyContractualFeeWaived`	$3.67M	USD	2 Qtrs
Credits to base management fee loan servicing fee	`InvestmentCompanyContractualFeeWaived`	$1.79M	USD	1 Quarter
Credits to base management fee loan servicing fee	`InvestmentCompanyContractualFeeWaived`	$3.66M	USD	2 Qtrs
Credits to fees from Adviser - other	`InvestmentCompanyVoluntaryFeeWaived`	$2.18M	USD	2 Qtrs
Credits to fees from Adviser - other	`InvestmentCompanyVoluntaryFeeWaived`	$2.38M	USD	2 Qtrs
Credits to fees from Adviser - other	`InvestmentCompanyVoluntaryFeeWaived`	$930.00K	USD	1 Quarter
Credits to fees from Adviser - other	`InvestmentCompanyVoluntaryFeeWaived`	$1.62M	USD	1 Quarter
Total expenses, net of credits to fees	`InvestmentCompanyExpenseAfterReductionOfFeeWaiverAndReimbursement`	$36.70M	USD	2 Qtrs
Total expenses, net of credits to fees	`InvestmentCompanyExpenseAfterReductionOfFeeWaiverAndReimbursement`	$21.30M	USD	2 Qtrs
Total expenses, net of credits to fees	`InvestmentCompanyExpenseAfterReductionOfFeeWaiverAndReimbursement`	$16.37M	USD	1 Quarter
Total expenses, net of credits to fees	`InvestmentCompanyExpenseAfterReductionOfFeeWaiverAndReimbursement`	$9.38M	USD	1 Quarter
NET INVESTMENT INCOME (LOSS)	`NetInvestmentIncome`	$2.17M	USD	1 Quarter
NET INVESTMENT INCOME (LOSS)	`NetInvestmentIncome`	$11.42M	USD	1 Quarter
NET INVESTMENT INCOME (LOSS)	`NetInvestmentIncome`	$18.79M	USD	2 Qtrs
NET INVESTMENT INCOME (LOSS)	`NetInvestmentIncome`	$-139.00K	USD	2 Qtrs
Net realized gain (loss)	`DebtAndEquitySecuritiesRealizedGainLoss`	$6.75M	USD	2 Qtrs
Net realized gain (loss)	`DebtAndEquitySecuritiesRealizedGainLoss`	$2.30M	USD	1 Quarter
Net realized gain (loss)	`DebtAndEquitySecuritiesRealizedGainLoss`	$395.00K	USD	2 Qtrs
Net realized gain (loss)	`DebtAndEquitySecuritiesRealizedGainLoss`	$-1.53M	USD	1 Quarter
Net unrealized appreciation (depreciation)	`DebtAndEquitySecuritiesUnrealizedGainLoss`	$27.50M	USD	1 Quarter
Net unrealized appreciation (depreciation)	`DebtAndEquitySecuritiesUnrealizedGainLoss`	$75.02M	USD	2 Qtrs
Net unrealized appreciation (depreciation)	`DebtAndEquitySecuritiesUnrealizedGainLoss`	$-10.43M	USD	2 Qtrs
Net unrealized appreciation (depreciation)	`DebtAndEquitySecuritiesUnrealizedGainLoss`	$-10.64M	USD	1 Quarter
Net increase in net assets from operations	`NetIncomeLoss`	$3.08M	USD	1 Quarter
Net increase in net assets from operations	`NetIncomeLoss`	$75.27M	USD	2 Qtrs
Net increase in net assets from operations	`NetIncomeLoss`	$15.11M	USD	2 Qtrs
Net increase in net assets from operations	`NetIncomeLoss`	$28.14M	USD	1 Quarter
Net investment income (loss), basic (in USD per share)	`EarningsPerShareBasic`	$0.34	USD	1 Quarter
Net investment income (loss), basic (in USD per share)	`EarningsPerShareBasic`	-	USD	2 Qtrs
Net investment income (loss), basic (in USD per share)	`EarningsPerShareBasic`	$0.57	USD	2 Qtrs
Net investment income (loss), basic (in USD per share)	`EarningsPerShareBasic`	$0.07	USD	1 Quarter
Net investment income (loss), diluted (in USD per share)	`EarningsPerShareDiluted`	$0.57	USD	2 Qtrs
Net investment income (loss), diluted (in USD per share)	`EarningsPerShareDiluted`	-	USD	2 Qtrs
Net investment income (loss), diluted (in USD per share)	`EarningsPerShareDiluted`	$0.34	USD	1 Quarter
Net investment income (loss), diluted (in USD per share)	`EarningsPerShareDiluted`	$0.07	USD	1 Quarter
Net increase in net assets resulting from operations, basic (in USD per share)	`IncomeLossFromContinuingOperationsPerBasicShare`	$0.45	USD	2 Qtrs
Net increase in net assets resulting from operations, basic (in USD per share)	`IncomeLossFromContinuingOperationsPerBasicShare`	$2.27	USD	2 Qtrs
Net increase in net assets resulting from operations, basic (in USD per share)	`IncomeLossFromContinuingOperationsPerBasicShare`	$0.09	USD	1 Quarter
Net increase in net assets resulting from operations, basic (in USD per share)	`IncomeLossFromContinuingOperationsPerBasicShare`	$0.85	USD	1 Quarter
Net increase in net assets resulting from operations, diluted (in USD per share)	`IncomeLossFromContinuingOperationsPerDilutedShare`	$2.27	USD	2 Qtrs
Net increase in net assets resulting from operations, diluted (in USD per share)	`IncomeLossFromContinuingOperationsPerDilutedShare`	$0.45	USD	2 Qtrs
Net increase in net assets resulting from operations, diluted (in USD per share)	`IncomeLossFromContinuingOperationsPerDilutedShare`	$0.85	USD	1 Quarter
Net increase in net assets resulting from operations, diluted (in USD per share)	`IncomeLossFromContinuingOperationsPerDilutedShare`	$0.09	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	33.21M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	33.21M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	33.21M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	33.22M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	33.21M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	33.21M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	33.22M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	33.21M	shares	2 Qtrs

Cash Flow Statement 70 line items

Line Item	Tag	Value	Unit	Period
Net increase in net assets resulting from operations	`NetIncomeLoss`	$3.08M	USD	1 Quarter
Net increase in net assets resulting from operations	`NetIncomeLoss`	$75.27M	USD	2 Qtrs
Net increase in net assets resulting from operations	`NetIncomeLoss`	$15.11M	USD	2 Qtrs
Net increase in net assets resulting from operations	`NetIncomeLoss`	$28.14M	USD	1 Quarter
Purchase of investments	`PaymentsForPurchaseOfInvestmentOperatingActivity`	$47.55M	USD	2 Qtrs
Purchase of investments	`PaymentsForPurchaseOfInvestmentOperatingActivity`	$102.05M	USD	2 Qtrs
Principal repayments of investments	`ProceedsFromPrincipalRepaymentsOfInvestmentsOperatingActivity`	$14.06M	USD	2 Qtrs
Principal repayments of investments	`ProceedsFromPrincipalRepaymentsOfInvestmentsOperatingActivity`	$48.00M	USD	2 Qtrs
Net proceeds from the sale and recapitalization of investments	`ProceedsFromSaleAndRecapitalizationOfInvestmentsNetOperatingActivity`	$21.69M	USD	2 Qtrs
Net proceeds from the sale and recapitalization of investments	`ProceedsFromSaleAndRecapitalizationOfInvestmentsNetOperatingActivity`	$8.14M	USD	2 Qtrs
Net realized gain on investments	`DebtAndEquitySecuritiesRealizedGainLoss`	$6.75M	USD	2 Qtrs
Net realized gain on investments	`DebtAndEquitySecuritiesRealizedGainLoss`	$2.30M	USD	1 Quarter
Net realized gain on investments	`DebtAndEquitySecuritiesRealizedGainLoss`	$395.00K	USD	2 Qtrs
Net realized gain on investments	`DebtAndEquitySecuritiesRealizedGainLoss`	$-1.53M	USD	1 Quarter
Net unrealized depreciation (appreciation) of investments	`DebtAndEquitySecuritiesUnrealizedGainLoss`	$27.50M	USD	1 Quarter
Net unrealized depreciation (appreciation) of investments	`DebtAndEquitySecuritiesUnrealizedGainLoss`	$75.02M	USD	2 Qtrs
Net unrealized depreciation (appreciation) of investments	`DebtAndEquitySecuritiesUnrealizedGainLoss`	$-10.43M	USD	2 Qtrs
Net unrealized depreciation (appreciation) of investments	`DebtAndEquitySecuritiesUnrealizedGainLoss`	$-10.64M	USD	1 Quarter
Amortization of premiums, discounts, and acquisition costs, net	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$9.00K	USD	2 Qtrs
Amortization of premiums, discounts, and acquisition costs, net	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$9.00K	USD	2 Qtrs
Amortization of deferred financing costs and discounts	`AmortizationOfFinancingCostsAndDiscounts`	$452.00K	USD	1 Quarter
Amortization of deferred financing costs and discounts	`AmortizationOfFinancingCostsAndDiscounts`	$450.00K	USD	1 Quarter
Amortization of deferred financing costs and discounts	`AmortizationOfFinancingCostsAndDiscounts`	$908.00K	USD	2 Qtrs
Amortization of deferred financing costs and discounts	`AmortizationOfFinancingCostsAndDiscounts`	$898.00K	USD	2 Qtrs
Bad debt expense, net of recoveries	`FinancingReceivableAllowanceForCreditLossWriteoffAfterRecovery`	$153.00K	USD	2 Qtrs
Bad debt expense, net of recoveries	`FinancingReceivableAllowanceForCreditLossWriteoffAfterRecovery`	$568.00K	USD	2 Qtrs
Decrease in interest receivable	`IncreaseDecreaseInAccruedInterestReceivableNet`	$-259.00K	USD	2 Qtrs
Decrease in interest receivable	`IncreaseDecreaseInAccruedInterestReceivableNet`	$-42.00K	USD	2 Qtrs
Decrease (increase) in due from administrative agent	`IncreaseDecreaseInDueFromAdministrativeAgent`	$-4.16M	USD	2 Qtrs
Decrease (increase) in due from administrative agent	`IncreaseDecreaseInDueFromAdministrativeAgent`	$656.00K	USD	2 Qtrs
(Increase) decrease in other assets, net	`IncreaseDecreaseInOtherOperatingAssets`	$-242.00K	USD	2 Qtrs
(Increase) decrease in other assets, net	`IncreaseDecreaseInOtherOperatingAssets`	$617.00K	USD	2 Qtrs
Increase in accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$999.00K	USD	2 Qtrs
Increase in accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$913.00K	USD	2 Qtrs
Increase in interest payable	`IncreaseDecreaseInInterestPayableNet`	$1.31M	USD	2 Qtrs
Increase in interest payable	`IncreaseDecreaseInInterestPayableNet`	$16.00K	USD	2 Qtrs
Increase (decrease) in other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$68.00K	USD	2 Qtrs
Increase (decrease) in other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-22.00K	USD	2 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-6.29M	USD	2 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-9.45M	USD	2 Qtrs
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$467.00K	USD	2 Qtrs
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	-	USD	2 Qtrs
Discounts, commissions, and offering costs for issuance of common stock	`PaymentsOfStockIssuanceCosts`	-	USD	2 Qtrs
Discounts, commissions, and offering costs for issuance of common stock	`PaymentsOfStockIssuanceCosts`	$6.00K	USD	2 Qtrs
Proceeds from line of credit	`ProceedsFromLinesOfCredit`	$41.50M	USD	2 Qtrs
Proceeds from line of credit	`ProceedsFromLinesOfCredit`	$62.70M	USD	2 Qtrs
Repayments on line of credit	`RepaymentsOfLinesOfCredit`	$24.90M	USD	2 Qtrs
Repayments on line of credit	`RepaymentsOfLinesOfCredit`	$76.20M	USD	2 Qtrs
Proceeds from issuance of notes payable	`ProceedsFromNotesPayable`	-	USD	2 Qtrs
Proceeds from issuance of notes payable	`ProceedsFromNotesPayable`	$134.55M	USD	2 Qtrs
Redemption of mandatorily redeemable preferred stock	`PaymentsForRepurchaseOfRedeemablePreferredStock`	-	USD	2 Qtrs
Redemption of mandatorily redeemable preferred stock	`PaymentsForRepurchaseOfRedeemablePreferredStock`	$94.37M	USD	2 Qtrs
Deferred financing and offering costs	`PaymentsOfFinancingCosts`	$3.43M	USD	2 Qtrs
Deferred financing and offering costs	`PaymentsOfFinancingCosts`	$277.00K	USD	2 Qtrs
Distributions paid to common stockholders	`PaymentsOfDividendsCommonStock`	$16.94M	USD	2 Qtrs
Distributions paid to common stockholders	`PaymentsOfDividendsCommonStock`	$18.93M	USD	2 Qtrs
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-2.15M	USD	2 Qtrs
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$6.31M	USD	2 Qtrs
NET (DECREASE) INCREASE IN CASH, CASH EQUIVALENTS, RESTRICTED CASH, AND RESTRICTED CASH EQUIVALENTS	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-11.59M	USD	2 Qtrs
NET (DECREASE) INCREASE IN CASH, CASH EQUIVALENTS, RESTRICTED CASH, AND RESTRICTED CASH EQUIVALENTS	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$24.00K	USD	2 Qtrs
CASH, CASH EQUIVALENTS, RESTRICTED CASH, AND RESTRICTED CASH EQUIVALENTS, BEGINNING OF PERIOD	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.40M	USD	Point-in-time
CASH, CASH EQUIVALENTS, RESTRICTED CASH, AND RESTRICTED CASH EQUIVALENTS, BEGINNING OF PERIOD	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.90M	USD	Point-in-time
CASH, CASH EQUIVALENTS, RESTRICTED CASH, AND RESTRICTED CASH EQUIVALENTS, BEGINNING OF PERIOD	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$14.49M	USD	Point-in-time
CASH, CASH EQUIVALENTS, RESTRICTED CASH, AND RESTRICTED CASH EQUIVALENTS, BEGINNING OF PERIOD	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.42M	USD	Point-in-time
CASH, CASH EQUIVALENTS, RESTRICTED CASH, AND RESTRICTED CASH EQUIVALENTS, END OF PERIOD	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.40M	USD	Point-in-time
CASH, CASH EQUIVALENTS, RESTRICTED CASH, AND RESTRICTED CASH EQUIVALENTS, END OF PERIOD	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.90M	USD	Point-in-time
CASH, CASH EQUIVALENTS, RESTRICTED CASH, AND RESTRICTED CASH EQUIVALENTS, END OF PERIOD	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$14.49M	USD	Point-in-time
CASH, CASH EQUIVALENTS, RESTRICTED CASH, AND RESTRICTED CASH EQUIVALENTS, END OF PERIOD	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.42M	USD	Point-in-time
CASH PAID FOR INTEREST	`InterestPaidNet`	$3.29M	USD	2 Qtrs
CASH PAID FOR INTEREST	`InterestPaidNet`	$6.74M	USD	2 Qtrs

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