10-K Filing

GLADSTONE INVESTMENT CORPORATIONDE CIK: 1321741 FY 2022

Filing Information

Form Type	10-K
Accession Number	`0001321741-23-000011`
Period End Date	20230331
Filing Date	20230510
Fiscal Year	2022
Fiscal Period	FY
XBRL Instance	gain-20230331_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 89 Income Statement 84 Cash Flow Statement 100

Balance Sheet 89 line items

Line Item	Tag	Value	Unit	Period
Cost	`InvestmentOwnedAtCost`	$720.63M	USD	Point-in-time
Cost	`InvestmentOwnedAtCost`	$669.25M	USD	Point-in-time
Line of credit at cost	`LettersOfCreditOutstandingAmount`	$35.20M	USD	Point-in-time
Line of credit at cost	`LettersOfCreditOutstandingAmount`	-	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`	33.59M	shares	Point-in-time
Common stock, shares, outstanding (in shares)	`CommonStockSharesOutstanding`	33.59M	shares	Point-in-time
Common stock, shares, outstanding (in shares)	`CommonStockSharesOutstanding`	32.82M	shares	Point-in-time
Investments at fair value	`InvestmentOwnedAtFairValue`	$714.40M	USD	Point-in-time
Common stock, shares, outstanding (in shares)	`CommonStockSharesOutstanding`	30.27M	shares	Point-in-time
Common stock, shares, outstanding (in shares)	`CommonStockSharesOutstanding`	32.65M	shares	Point-in-time
Common stock, shares, outstanding (in shares)	`CommonStockSharesOutstanding`	33.21M	shares	Point-in-time
Common stock, shares, outstanding (in shares)	`CommonStockSharesOutstanding`	30.27M	shares	Point-in-time
Common stock, shares, outstanding (in shares)	`CommonStockSharesOutstanding`	26.48M	shares	Point-in-time
Investments at fair value	`InvestmentOwnedAtFairValue`	$753.54M	USD	Point-in-time
Common stock, shares, outstanding (in shares)	`CommonStockSharesOutstanding`	29.78M	shares	Point-in-time
Common stock, shares, outstanding (in shares)	`CommonStockSharesOutstanding`	33.05M	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`	$2.68M	USD	Point-in-time
Restricted cash and cash equivalents	`RestrictedCashAndCashEquivalents`	$565.00K	USD	Point-in-time
Restricted cash and cash equivalents	`RestrictedCashAndCashEquivalents`	$305.00K	USD	Point-in-time
Interest receivable	`InterestReceivable`	$3.04M	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`	$3.90M	USD	Point-in-time
Deferred financing costs, net	`DeferredFinanceCostsNet`	$895.00K	USD	Point-in-time
Deferred financing costs, net	`DeferredFinanceCostsNet`	$431.00K	USD	Point-in-time
Other assets, net	`OtherAssets`	$1.18M	USD	Point-in-time
Other assets, net	`OtherAssets`	$1.49M	USD	Point-in-time
TOTAL ASSETS	`Assets`	$765.64M	USD	Point-in-time
TOTAL ASSETS	`Assets`	$740.41M	USD	Point-in-time
Line of credit at fair value (Cost of $35,200 and $0, respectively)	`LineOfCredit`	-	USD	Point-in-time
Line of credit at fair value (Cost of $35,200 and $0, respectively)	`LineOfCredit`	$35.17M	USD	Point-in-time
Notes payable, net	`NotesPayable`	$256.25M	USD	Point-in-time
Notes payable, net	`NotesPayable`	$257.44M	USD	Point-in-time
Secured borrowing	`SecuredDebt`	-	USD	Point-in-time
Secured borrowing	`SecuredDebt`	$5.10M	USD	Point-in-time
Total borrowings	`LongTermDebt`	$261.35M	USD	Point-in-time
Total borrowings	`LongTermDebt`	$292.61M	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent`	$799.00K	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent`	$786.00K	USD	Point-in-time
Interest payable	`InterestPayableCurrentAndNoncurrent`	$2.31M	USD	Point-in-time
Interest payable	`InterestPayableCurrentAndNoncurrent`	$2.19M	USD	Point-in-time
Fees due to Adviser and Administrator	`DueToRelatedPartiesCurrentAndNoncurrent`	$29.64M	USD	Point-in-time
Fees due to Adviser and Administrator	`DueToRelatedPartiesCurrentAndNoncurrent`	$29.91M	USD	Point-in-time
Other liabilities	`OtherLiabilities`	$330.00K	USD	Point-in-time
Other liabilities	`OtherLiabilities`	$565.00K	USD	Point-in-time
TOTAL LIABILITIES	`Liabilities`	$294.58M	USD	Point-in-time
TOTAL LIABILITIES	`Liabilities`	$325.90M	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Net Assets	`StockholdersEquity`	$382.36M	USD	Point-in-time
Net Assets	`StockholdersEquity`	$445.83M	USD	Point-in-time
Net Assets	`StockholdersEquity`	$369.03M	USD	Point-in-time
Net Assets	`StockholdersEquity`	$439.74M	USD	Point-in-time
Common stock, $0.001 par value per share, 100,000,000 shares authorized; 33,591,505 and 33,205,023 shares issued and outstanding, respectively	`CommonStockValue`	$34.00K	USD	Point-in-time
Common stock, $0.001 par value per share, 100,000,000 shares authorized; 33,591,505 and 33,205,023 shares issued and outstanding, respectively	`CommonStockValue`	$33.00K	USD	Point-in-time
Capital in excess of par value	`AdditionalPaidInCapital`	$397.95M	USD	Point-in-time
Capital in excess of par value	`AdditionalPaidInCapital`	$401.80M	USD	Point-in-time
Cumulative net unrealized appreciation of investments	`InvestmentCompanyDistributableEarningsLossAccumulatedAppreciationDepreciation`	$32.91M	USD	Point-in-time
Cumulative net unrealized appreciation of investments	`InvestmentCompanyDistributableEarningsLossAccumulatedAppreciationDepreciation`	$45.15M	USD	Point-in-time
Cumulative net unrealized depreciation of other	`InvestmentCompanyDistributableEarningsLossAccumulatedDepreciationOther`	$29.00K	USD	Point-in-time
Cumulative net unrealized depreciation of other	`InvestmentCompanyDistributableEarningsLossAccumulatedDepreciationOther`	-	USD	Point-in-time
Overdistributed net investment income	`InvestmentCompanyDistributableEarningsLossAccumulatedOrdinaryIncomeLoss`	$-12.99M	USD	Point-in-time
Overdistributed net investment income	`InvestmentCompanyDistributableEarningsLossAccumulatedOrdinaryIncomeLoss`	$-5.53M	USD	Point-in-time
Accumulated net realized gain in excess of distributions	`InvestmentCompanyDistributableEarningsLossAccumulatedLongTermCapitalGainLoss`	$15.70M	USD	Point-in-time
Accumulated net realized gain in excess of distributions	`InvestmentCompanyDistributableEarningsLossAccumulatedLongTermCapitalGainLoss`	$10.49M	USD	Point-in-time
Total distributable earnings	`RetainedEarningsAccumulatedDeficit`	$37.91M	USD	Point-in-time
Total distributable earnings	`RetainedEarningsAccumulatedDeficit`	$47.85M	USD	Point-in-time
Net Assets	`StockholdersEquity`	$382.36M	USD	Point-in-time
Net Assets	`StockholdersEquity`	$445.83M	USD	Point-in-time
Net Assets	`StockholdersEquity`	$369.03M	USD	Point-in-time
Net Assets	`StockholdersEquity`	$439.74M	USD	Point-in-time
NET ASSET VALUE PER SHARE (in USD per share)	`NetAssetValuePerShare`	$12.40	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`	$13.09	USD	Point-in-time
NET ASSET VALUE PER SHARE (in USD per share)	`NetAssetValuePerShare`	$9.18	USD	Point-in-time
NET ASSET VALUE PER SHARE (in USD per share)	`NetAssetValuePerShare`	$11.17	USD	Point-in-time
NET ASSET VALUE PER SHARE (in USD per share)	`NetAssetValuePerShare`	$9.22	USD	Point-in-time
NET ASSET VALUE PER SHARE (in USD per share)	`NetAssetValuePerShare`	$8.34	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`	$9.10	USD	Point-in-time
NET ASSET VALUE PER SHARE (in USD per share)	`NetAssetValuePerShare`	$10.85	USD	Point-in-time
NET ASSET VALUE PER SHARE (in USD per share)	`NetAssetValuePerShare`	$9.95	USD	Point-in-time

Income Statement 84 line items

Line Item	Tag	Value	Unit	Period
Interest income:	`InterestIncomeOperatingPaidInCash`	$59.65M	USD	Annual
Interest income:	`InterestIncomeOperatingPaidInCash`	$47.16M	USD	Annual
Interest income:	`InterestIncomeOperatingPaidInCash`	$60.28M	USD	Annual
Dividend income:	`DividendIncomeOperatingPaidInCash`	$2.60M	USD	Annual
Dividend income:	`DividendIncomeOperatingPaidInCash`	$7.08M	USD	Annual
Dividend income:	`DividendIncomeOperatingPaidInCash`	$10.87M	USD	Annual
Success fee income:	`FeeIncome`	$10.40M	USD	Annual
Success fee income:	`FeeIncome`	$10.31M	USD	Annual
Success fee income:	`FeeIncome`	$2.39M	USD	Annual
Total investment income	`GrossInvestmentIncomeOperating`	$56.63M	USD	Annual
Total investment income	`GrossInvestmentIncomeOperating`	$72.55M	USD	Annual
Total investment income	`GrossInvestmentIncomeOperating`	$81.54M	USD	Annual
Base management fee	`ManagementFeeExpense`	$14.80M	USD	Annual
Base management fee	`ManagementFeeExpense`	$12.12M	USD	Annual
Base management fee	`ManagementFeeExpense`	$14.11M	USD	Annual
Loan servicing fee	`LoanProcessingFee`	$7.08M	USD	Annual
Loan servicing fee	`LoanProcessingFee`	$7.18M	USD	Annual
Loan servicing fee	`LoanProcessingFee`	$7.88M	USD	Annual
Incentive fee	`IncentiveFeeExpense`	$8.88M	USD	Annual
Incentive fee	`IncentiveFeeExpense`	$8.78M	USD	Annual
Incentive fee	`IncentiveFeeExpense`	$26.36M	USD	Annual
Administration fee	`AdministrativeFeesExpense`	$1.81M	USD	Annual
Administration fee	`AdministrativeFeesExpense`	$1.62M	USD	Annual
Administration fee	`AdministrativeFeesExpense`	$1.81M	USD	Annual
Interest expense on borrowings	`InterestExpenseBorrowings`	$13.08M	USD	Annual
Interest expense on borrowings	`InterestExpenseBorrowings`	$4.44M	USD	Annual
Interest expense on borrowings	`InterestExpenseBorrowings`	$15.88M	USD	Annual
Dividends on mandatorily redeemable preferred stock	`RedeemablePreferredStockDividends`	-	USD	Annual
Dividends on mandatorily redeemable preferred stock	`RedeemablePreferredStockDividends`	$2.31M	USD	Annual
Dividends on mandatorily redeemable preferred stock	`RedeemablePreferredStockDividends`	$8.67M	USD	Annual
Amortization of deferred financing costs and discounts	`AmortizationOfFinancingCostsAndDiscounts`	$1.80M	USD	Annual
Amortization of deferred financing costs and discounts	`AmortizationOfFinancingCostsAndDiscounts`	$1.75M	USD	Annual
Amortization of deferred financing costs and discounts	`AmortizationOfFinancingCostsAndDiscounts`	$1.80M	USD	Annual
Professional fees	`ProfessionalFees`	$1.43M	USD	Annual
Professional fees	`ProfessionalFees`	$1.92M	USD	Annual
Professional fees	`ProfessionalFees`	$1.94M	USD	Annual
Other general and administrative expenses	`OtherGeneralAndAdministrativeExpense`	$3.27M	USD	Annual
Other general and administrative expenses	`OtherGeneralAndAdministrativeExpense`	$3.16M	USD	Annual
Other general and administrative expenses	`OtherGeneralAndAdministrativeExpense`	$2.33M	USD	Annual
Expenses before credits from Adviser	`InvestmentIncomeInvestmentExpense`	$56.23M	USD	Annual
Expenses before credits from Adviser	`InvestmentIncomeInvestmentExpense`	$48.72M	USD	Annual
Expenses before credits from Adviser	`InvestmentIncomeInvestmentExpense`	$71.24M	USD	Annual
Credits to base management fee loan servicing fee	`InvestmentCompanyContractualFeeWaived`	$7.08M	USD	Annual
Credits to base management fee loan servicing fee	`InvestmentCompanyContractualFeeWaived`	$7.18M	USD	Annual
Credits to base management fee loan servicing fee	`InvestmentCompanyContractualFeeWaived`	$7.88M	USD	Annual
Credits to fees from Adviser - other	`InvestmentCompanyVoluntaryFeeWaived`	$2.95M	USD	Annual
Credits to fees from Adviser - other	`InvestmentCompanyVoluntaryFeeWaived`	$3.81M	USD	Annual
Credits to fees from Adviser - other	`InvestmentCompanyVoluntaryFeeWaived`	$6.50M	USD	Annual
Total expenses, net of credits to fees	`InvestmentCompanyExpenseAfterReductionOfFeeWaiverAndReimbursement`	$44.54M	USD	Annual
Total expenses, net of credits to fees	`InvestmentCompanyExpenseAfterReductionOfFeeWaiverAndReimbursement`	$57.56M	USD	Annual
Total expenses, net of credits to fees	`InvestmentCompanyExpenseAfterReductionOfFeeWaiverAndReimbursement`	$38.69M	USD	Annual
NET INVESTMENT INCOME	`NetInvestmentIncome`	$14.99M	USD	Annual
NET INVESTMENT INCOME	`NetInvestmentIncome`	$17.94M	USD	Annual
NET INVESTMENT INCOME	`NetInvestmentIncome`	$37.00M	USD	Annual
Net realized gain (loss):	`DebtAndEquitySecuritiesRealizedGainLoss`	$12.44M	USD	Annual
Net realized gain (loss):	`DebtAndEquitySecuritiesRealizedGainLoss`	$10.75M	USD	Annual
Net realized gain (loss):	`DebtAndEquitySecuritiesRealizedGainLoss`	$10.59M	USD	Annual
Net unrealized appreciation (depreciation):	`DebtAndEquitySecuritiesUnrealizedGainLoss`	$-12.21M	USD	Annual
Net unrealized appreciation (depreciation):	`DebtAndEquitySecuritiesUnrealizedGainLoss`	$13.92M	USD	Annual
Net unrealized appreciation (depreciation):	`DebtAndEquitySecuritiesUnrealizedGainLoss`	$74.88M	USD	Annual
Net realized and unrealized gain (loss)	`RealizedAndUnrealizedGainLossInvestmentDerivativeAndForeignCurrencyTransactionOperatingAfterTax`	$-1.45M	USD	Annual
Net realized and unrealized gain (loss)	`RealizedAndUnrealizedGainLossInvestmentDerivativeAndForeignCurrencyTransactionOperatingAfterTax`	$24.52M	USD	Annual
Net realized and unrealized gain (loss)	`RealizedAndUnrealizedGainLossInvestmentDerivativeAndForeignCurrencyTransactionOperatingAfterTax`	$87.33M	USD	Annual
NET INCREASE IN NET ASSETS RESULTING FROM OPERATIONS	`NetIncomeLoss`	$42.45M	USD	Annual
NET INCREASE IN NET ASSETS RESULTING FROM OPERATIONS	`NetIncomeLoss`	$35.55M	USD	Annual
NET INCREASE IN NET ASSETS RESULTING FROM OPERATIONS	`NetIncomeLoss`	$102.32M	USD	Annual
Net investment income, basic (in USD per share)	`EarningsPerShareBasic`	$0.54	USD	Annual
Net investment income, basic (in USD per share)	`EarningsPerShareBasic`	$0.45	USD	Annual
Net investment income, basic (in USD per share)	`EarningsPerShareBasic`	$1.11	USD	Annual
Net investment income, diluted (in USD per share)	`EarningsPerShareDiluted`	$0.45	USD	Annual
Net investment income, diluted (in USD per share)	`EarningsPerShareDiluted`	$0.54	USD	Annual
Net investment income, diluted (in USD per share)	`EarningsPerShareDiluted`	$1.11	USD	Annual
Net increase in net assets resulting from operations, basic (in USD per share)	`IncomeLossFromContinuingOperationsPerBasicShare`	$1.07	USD	Annual
Net increase in net assets resulting from operations, basic (in USD per share)	`IncomeLossFromContinuingOperationsPerBasicShare`	$3.08	USD	Annual
Net increase in net assets resulting from operations, basic (in USD per share)	`IncomeLossFromContinuingOperationsPerBasicShare`	$1.28	USD	Annual
Net increase in net assets resulting from operations, diluted (in USD per share)	`IncomeLossFromContinuingOperationsPerDilutedShare`	$1.28	USD	Annual
Net increase in net assets resulting from operations, diluted (in USD per share)	`IncomeLossFromContinuingOperationsPerDilutedShare`	$3.08	USD	Annual
Net increase in net assets resulting from operations, diluted (in USD per share)	`IncomeLossFromContinuingOperationsPerDilutedShare`	$1.07	USD	Annual
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	33.31M	shares	Annual
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	33.18M	shares	Annual
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	33.21M	shares	Annual
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	33.18M	shares	Annual
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	33.31M	shares	Annual
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	33.21M	shares	Annual

Cash Flow Statement 100 line items

Line Item	Tag	Value	Unit	Period
Cost	`InvestmentOwnedAtCost`	$720.63M	USD	Point-in-time
Cost	`InvestmentOwnedAtCost`	$669.25M	USD	Point-in-time
Purchase of investments	`PaymentsForPurchaseOfInvestmentOperatingActivity`	$92.74M	USD	Annual
Purchase of investments	`PaymentsForPurchaseOfInvestmentOperatingActivity`	$95.27M	USD	Annual
Purchase of investments	`PaymentsForPurchaseOfInvestmentOperatingActivity`	$133.76M	USD	Annual
Net realized gain (loss):	`DebtAndEquitySecuritiesRealizedGainLoss`	$12.44M	USD	Annual
Net realized gain (loss):	`DebtAndEquitySecuritiesRealizedGainLoss`	$10.75M	USD	Annual
Net realized gain (loss):	`DebtAndEquitySecuritiesRealizedGainLoss`	$10.59M	USD	Annual
Net increase in net assets resulting from operations	`NetIncomeLoss`	$42.45M	USD	Annual
Net increase in net assets resulting from operations	`NetIncomeLoss`	$35.55M	USD	Annual
Net increase in net assets resulting from operations	`NetIncomeLoss`	$102.32M	USD	Annual
Purchase of investments	`PaymentsForPurchaseOfInvestmentOperatingActivity`	$92.74M	USD	Annual
Purchase of investments	`PaymentsForPurchaseOfInvestmentOperatingActivity`	$95.27M	USD	Annual
Purchase of investments	`PaymentsForPurchaseOfInvestmentOperatingActivity`	$133.76M	USD	Annual
Principal repayments of investments	`ProceedsFromPrincipalRepaymentsOfInvestmentsOperatingActivity`	$20.73M	USD	Annual
Principal repayments of investments	`ProceedsFromPrincipalRepaymentsOfInvestmentsOperatingActivity`	$52.30M	USD	Annual
Principal repayments of investments	`ProceedsFromPrincipalRepaymentsOfInvestmentsOperatingActivity`	$51.40M	USD	Annual
Net proceeds from the sale of investments	`ProceedsFromSaleAndRecapitalizationOfInvestmentsNetOperatingActivity`	$31.05M	USD	Annual
Net proceeds from the sale of investments	`ProceedsFromSaleAndRecapitalizationOfInvestmentsNetOperatingActivity`	$35.53M	USD	Annual
Net proceeds from the sale of investments	`ProceedsFromSaleAndRecapitalizationOfInvestmentsNetOperatingActivity`	$50.02M	USD	Annual
Net realized gain (loss)	`DebtAndEquitySecuritiesRealizedGainLoss`	$12.44M	USD	Annual
Net realized gain (loss)	`DebtAndEquitySecuritiesRealizedGainLoss`	$10.75M	USD	Annual
Net realized gain (loss)	`DebtAndEquitySecuritiesRealizedGainLoss`	$10.59M	USD	Annual
Net unrealized depreciation (appreciation) of investments	`DebtAndEquitySecuritiesUnrealizedGainLoss`	$-12.21M	USD	Annual
Net unrealized depreciation (appreciation) of investments	`DebtAndEquitySecuritiesUnrealizedGainLoss`	$13.92M	USD	Annual
Net unrealized depreciation (appreciation) of investments	`DebtAndEquitySecuritiesUnrealizedGainLoss`	$74.88M	USD	Annual
Amortization of premiums, discounts, and acquisition costs, net	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$18.00K	USD	Annual
Amortization of premiums, discounts, and acquisition costs, net	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$12.00K	USD	Annual
Amortization of premiums, discounts, and acquisition costs, net	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$18.00K	USD	Annual
Amortization of deferred financing costs and discounts	`AmortizationOfFinancingCostsAndDiscounts`	$1.80M	USD	Annual
Amortization of deferred financing costs and discounts	`AmortizationOfFinancingCostsAndDiscounts`	$1.75M	USD	Annual
Amortization of deferred financing costs and discounts	`AmortizationOfFinancingCostsAndDiscounts`	$1.80M	USD	Annual
Bad debt expense, net of recoveries	`FinancingReceivableAllowanceForCreditLossWriteoffAfterRecovery`	$792.00K	USD	Annual
Bad debt expense, net of recoveries	`FinancingReceivableAllowanceForCreditLossWriteoffAfterRecovery`	$362.00K	USD	Annual
Bad debt expense, net of recoveries	`FinancingReceivableAllowanceForCreditLossWriteoffAfterRecovery`	$88.00K	USD	Annual
Decrease (increase) in interest receivable	`IncreaseDecreaseInAccruedInterestReceivableNet`	$-4.00K	USD	Annual
Decrease (increase) in interest receivable	`IncreaseDecreaseInAccruedInterestReceivableNet`	$131.00K	USD	Annual
Decrease (increase) in interest receivable	`IncreaseDecreaseInAccruedInterestReceivableNet`	$-16.00K	USD	Annual
Decrease (increase) in due from administrative agent	`IncreaseDecreaseInDueFromAdministrativeAgent`	$393.00K	USD	Annual
Decrease (increase) in due from administrative agent	`IncreaseDecreaseInDueFromAdministrativeAgent`	$5.24M	USD	Annual
Decrease (increase) in due from administrative agent	`IncreaseDecreaseInDueFromAdministrativeAgent`	$-2.51M	USD	Annual
(Increase) decrease in other assets, net	`IncreaseDecreaseInOtherOperatingAssets`	$446.00K	USD	Annual
(Increase) decrease in other assets, net	`IncreaseDecreaseInOtherOperatingAssets`	$-209.00K	USD	Annual
(Increase) decrease in other assets, net	`IncreaseDecreaseInOtherOperatingAssets`	$19.00K	USD	Annual
(Decrease) increase in accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$236.00K	USD	Annual
(Decrease) increase in accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-13.00K	USD	Annual
(Decrease) increase in accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-521.00K	USD	Annual
Increase (decrease) in interest payable	`IncreaseDecreaseInInterestPayableNet`	$453.00K	USD	Annual
Increase (decrease) in interest payable	`IncreaseDecreaseInInterestPayableNet`	$119.00K	USD	Annual
Increase (decrease) in interest payable	`IncreaseDecreaseInInterestPayableNet`	$1.60M	USD	Annual
Increase (decrease) in other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$45.00K	USD	Annual
Increase (decrease) in other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-13.97M	USD	Annual
Increase (decrease) in other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$442.00K	USD	Annual
Net cash (used in) provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$36.60M	USD	Annual
Net cash (used in) provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-4.50M	USD	Annual
Net cash (used in) provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-29.73M	USD	Annual
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$1.77M	USD	Annual
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$5.49M	USD	Annual
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	-	USD	Annual
Discounts, commissions, and offering costs for issuance of common stock	`PaymentsOfStockIssuanceCosts`	$77.00K	USD	Annual
Discounts, commissions, and offering costs for issuance of common stock	`PaymentsOfStockIssuanceCosts`	-	USD	Annual
Discounts, commissions, and offering costs for issuance of common stock	`PaymentsOfStockIssuanceCosts`	$31.00K	USD	Annual
Proceeds from line of credit	`ProceedsFromLinesOfCredit`	$102.50M	USD	Annual
Proceeds from line of credit	`ProceedsFromLinesOfCredit`	$111.70M	USD	Annual
Proceeds from line of credit	`ProceedsFromLinesOfCredit`	$125.90M	USD	Annual
Repayments on line of credit	`RepaymentsOfLinesOfCredit`	$67.30M	USD	Annual
Repayments on line of credit	`RepaymentsOfLinesOfCredit`	$134.10M	USD	Annual
Repayments on line of credit	`RepaymentsOfLinesOfCredit`	$152.70M	USD	Annual
Proceeds from issuance of notes payable	`ProceedsFromNotesPayable`	-	USD	Annual
Proceeds from issuance of notes payable	`ProceedsFromNotesPayable`	$134.55M	USD	Annual
Proceeds from issuance of notes payable	`ProceedsFromNotesPayable`	$127.94M	USD	Annual
Proceeds from issuance of mandatorily redeemable preferred stock	`ProceedsFromIssuanceOfRedeemablePreferredStock`	$19.28M	USD	Annual
Proceeds from issuance of mandatorily redeemable preferred stock	`ProceedsFromIssuanceOfRedeemablePreferredStock`	-	USD	Annual
Proceeds from issuance of mandatorily redeemable preferred stock	`ProceedsFromIssuanceOfRedeemablePreferredStock`	-	USD	Annual
Redemption of mandatorily redeemable preferred stock	`PaymentsForRepurchaseOfRedeemablePreferredStock`	-	USD	Annual
Redemption of mandatorily redeemable preferred stock	`PaymentsForRepurchaseOfRedeemablePreferredStock`	$94.37M	USD	Annual
Redemption of mandatorily redeemable preferred stock	`PaymentsForRepurchaseOfRedeemablePreferredStock`	$57.50M	USD	Annual
Deferred financing and offering costs	`PaymentsOfFinancingCosts`	$3.43M	USD	Annual
Deferred financing and offering costs	`PaymentsOfFinancingCosts`	$5.73M	USD	Annual
Deferred financing and offering costs	`PaymentsOfFinancingCosts`	$308.00K	USD	Annual
Distributions paid to common stockholders	`PaymentsOfDividendsCommonStock`	$38.85M	USD	Annual
Distributions paid to common stockholders	`PaymentsOfDividendsCommonStock`	$30.86M	USD	Annual
Distributions paid to common stockholders	`PaymentsOfDividendsCommonStock`	$47.05M	USD	Annual
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-6.74M	USD	Annual
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-24.50M	USD	Annual
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$28.07M	USD	Annual
NET INCREASE (DECREASE) IN CASH, CASH EQUIVALENTS, RESTRICTED CASH, AND RESTRICTED CASH EQUIVALENTS	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-11.25M	USD	Annual
NET INCREASE (DECREASE) IN CASH, CASH EQUIVALENTS, RESTRICTED CASH, AND RESTRICTED CASH EQUIVALENTS	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$12.10M	USD	Annual
NET INCREASE (DECREASE) IN CASH, CASH EQUIVALENTS, RESTRICTED CASH, AND RESTRICTED CASH EQUIVALENTS	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-1.66M	USD	Annual
CASH, CASH EQUIVALENTS, RESTRICTED CASH, AND RESTRICTED CASH EQUIVALENTS, BEGINNING OF YEAR	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$14.49M	USD	Point-in-time
CASH, CASH EQUIVALENTS, RESTRICTED CASH, AND RESTRICTED CASH EQUIVALENTS, BEGINNING OF YEAR	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.40M	USD	Point-in-time
CASH, CASH EQUIVALENTS, RESTRICTED CASH, AND RESTRICTED CASH EQUIVALENTS, BEGINNING OF YEAR	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$4.06M	USD	Point-in-time
CASH, CASH EQUIVALENTS, RESTRICTED CASH, AND RESTRICTED CASH EQUIVALENTS, BEGINNING OF YEAR	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$3.25M	USD	Point-in-time
CASH, CASH EQUIVALENTS, RESTRICTED CASH, AND RESTRICTED CASH EQUIVALENTS, END OF YEAR	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$14.49M	USD	Point-in-time
CASH, CASH EQUIVALENTS, RESTRICTED CASH, AND RESTRICTED CASH EQUIVALENTS, END OF YEAR	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.40M	USD	Point-in-time
CASH, CASH EQUIVALENTS, RESTRICTED CASH, AND RESTRICTED CASH EQUIVALENTS, END OF YEAR	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$4.06M	USD	Point-in-time
CASH, CASH EQUIVALENTS, RESTRICTED CASH, AND RESTRICTED CASH EQUIVALENTS, END OF YEAR	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$3.25M	USD	Point-in-time
CASH PAID FOR INTEREST	`InterestPaidNet`	$14.10M	USD	Annual
CASH PAID FOR INTEREST	`InterestPaidNet`	$3.17M	USD	Annual
CASH PAID FOR INTEREST	`InterestPaidNet`	$9.84M	USD	Annual

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