10-Q Filing

AUDAX CREDIT BDC INC. CIK: 1633858 Q3 2023

Filing Information

Form Type	10-Q
Accession Number	`0001410578-23-002399`
Period End Date	20230930
Filing Date	20231113
Fiscal Year	2023
Fiscal Period	Q3
XBRL Instance	tmb-20230930x10q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 61 Income Statement 108 Cash Flow Statement 64

Balance Sheet 61 line items

Line Item	Tag	Value	Unit	Period
Investments, at fair value, Non-Control/Non-Affiliate investments, cost	`InvestmentOwnedAtCost`	$398.96M	USD	Point-in-time
Investments, at fair value, Non-Control/Non-Affiliate investments, cost	`InvestmentOwnedAtCost`	$427.70M	USD	Point-in-time
Non-Control/Non-Affiliate investments (Cost of $398,962,118 and $427,700,856, respectively)	`InvestmentOwnedAtFairValue`	$420.83M	USD	Point-in-time
Common stock, par value per share	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, par value per share	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Non-Control/Non-Affiliate investments (Cost of $398,962,118 and $427,700,856, respectively)	`InvestmentOwnedAtFairValue`	$391.22M	USD	Point-in-time
Common stock, par value per share	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$29.25M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	44.52M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$15.92M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	46.38M	shares	Point-in-time
Shares Outstanding	`CommonStockSharesOutstanding`	45.31M	shares	Point-in-time
Interest receivable	`InterestReceivable`	$2.42M	USD	Point-in-time
Shares Outstanding	`CommonStockSharesOutstanding`	44.52M	shares	Point-in-time
Shares Outstanding	`CommonStockSharesOutstanding`	46.38M	shares	Point-in-time
Interest receivable	`InterestReceivable`	$2.42M	USD	Point-in-time
Receivable from investments sold	`ReceivableInvestmentSale`	$4.42M	USD	Point-in-time
Receivable from bank loan repayment	`ReceivableFromBankLoanRepayment`	$27.42K	USD	Point-in-time
Receivable from bank loan repayment	`ReceivableFromBankLoanRepayment`	$61.07K	USD	Point-in-time
Other assets	`OtherAssets`	$56.25K	USD	Point-in-time
Total assets	`Assets`	$422.98M	USD	Point-in-time
Total assets	`Assets`	$443.65M	USD	Point-in-time
Payable for short-term borrowings	`ShortTermBorrowings`	-	USD	Point-in-time
Payable for short-term borrowings	`ShortTermBorrowings`	$13.18M	USD	Point-in-time
Payable for short-term borrowings	`ShortTermBorrowings`	$18.68M	USD	Point-in-time
Payable for investments purchased	`PayableForInvestmentsPurchased`	$2.24M	USD	Point-in-time
Fees due to investment advisor, net of waivers	`FeesDueToInvestmentAdvisorNetOfWaivers`	$1.14M	USD	Point-in-time
Fees due to investment advisor, net of waivers	`FeesDueToInvestmentAdvisorNetOfWaivers`	$1.26M	USD	Point-in-time
Fees due to investment advisor, net of waivers	`FeesDueToInvestmentAdvisorNetOfWaivers`	$1.14M	USD	Point-in-time
Fee due to administrator	`FeeDueToAdministrator`	$66.25K	USD	Point-in-time
Fee due to administrator	`FeeDueToAdministrator`	$66.25K	USD	Point-in-time
Fee due to administrator	`FeeDueToAdministrator`	$66.25K	USD	Point-in-time
Accrued expenses and other liabilities	`AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent`	$526.85K	USD	Point-in-time
Accrued expenses and other liabilities	`AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent`	$790.35K	USD	Point-in-time
Total liabilities	`Liabilities`	$15.17M	USD	Point-in-time
Total liabilities	`Liabilities`	$4.09M	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Common stock, $0.001 par value per share, 100,000,000 shares authorized, 44,518,983 and 46,376,461 shares issued and outstanding, respectively	`CommonStockValue`	$44.52K	USD	Point-in-time
Common stock, $0.001 par value per share, 100,000,000 shares authorized, 44,518,983 and 46,376,461 shares issued and outstanding, respectively	`CommonStockValue`	$46.38K	USD	Point-in-time
Capital in excess of par value	`AdditionalPaidInCapital`	$420.44M	USD	Point-in-time
Capital in excess of par value	`AdditionalPaidInCapital`	$437.96M	USD	Point-in-time
Total distributable loss	`RetainedEarningsAccumulatedDeficit`	$-9.52M	USD	Point-in-time
Total distributable loss	`RetainedEarningsAccumulatedDeficit`	$-1.60M	USD	Point-in-time
Total Net Assets	`StockholdersEquity`	$405.15M	USD	Point-in-time
Total Net Assets	`StockholdersEquity`	$418.89M	USD	Point-in-time
Total Net Assets	`StockholdersEquity`	$428.48M	USD	Point-in-time
Total Net Assets	`StockholdersEquity`	$373.95M	USD	Point-in-time
Total Net Assets	`StockholdersEquity`	$426.91M	USD	Point-in-time
Total Net Assets	`StockholdersEquity`	$396.17M	USD	Point-in-time
Net Asset Value per Share of Common Stock at End of Period	`NetAssetValuePerShare`	$9.27	USD	Point-in-time
Net Asset Value per Share of Common Stock at End of Period	`NetAssetValuePerShare`	$9.18	USD	Point-in-time
Net Asset Value per Share of Common Stock at End of Period	`NetAssetValuePerShare`	$9.36	USD	Point-in-time
Net Asset Value per Share of Common Stock at End of Period	`NetAssetValuePerShare`	$9.24	USD	Point-in-time
Net Asset Value per Share of Common Stock at End of Period	`NetAssetValuePerShare`	$9.42	USD	Point-in-time
Net Asset Value per Share of Common Stock at End of Period	`NetAssetValuePerShare`	$9.41	USD	Point-in-time
Shares Outstanding	`CommonStockSharesOutstanding`	45.31M	shares	Point-in-time
Shares Outstanding	`CommonStockSharesOutstanding`	44.52M	shares	Point-in-time
Shares Outstanding	`CommonStockSharesOutstanding`	46.38M	shares	Point-in-time

Income Statement 108 line items

Line Item	Tag	Value	Unit	Period
Non-Control/Non-Affiliate	`NonControlledNonAffiliateInterestIncome`	$10.80M	USD	1 Quarter
Non-Control/Non-Affiliate	`NonControlledNonAffiliateInterestIncome`	$19.52M	USD	3 Qtrs
Non-Control/Non-Affiliate	`NonControlledNonAffiliateInterestIncome`	$31.37M	USD	3 Qtrs
Non-Control/Non-Affiliate	`NonControlledNonAffiliateInterestIncome`	$8.07M	USD	1 Quarter
Other	`OtherOperatingIncome`	$10.85K	USD	1 Quarter
Other	`OtherOperatingIncome`	$213.22K	USD	3 Qtrs
Other	`OtherOperatingIncome`	$11.63K	USD	3 Qtrs
Other	`OtherOperatingIncome`	$87.64K	USD	1 Quarter
Total interest income	`InterestIncomeOperating`	$10.89M	USD	1 Quarter
Total interest income	`InterestIncomeOperating`	$31.58M	USD	3 Qtrs
Total interest income	`InterestIncomeOperating`	$8.08M	USD	1 Quarter
Total interest income	`InterestIncomeOperating`	$19.53M	USD	3 Qtrs
Non-Control/Non-Affiliate	`NonControlledNonAffiliateOtherIncome`	$121.84K	USD	1 Quarter
Non-Control/Non-Affiliate	`NonControlledNonAffiliateOtherIncome`	$374.85K	USD	3 Qtrs
Non-Control/Non-Affiliate	`NonControlledNonAffiliateOtherIncome`	$193.09K	USD	3 Qtrs
Non-Control/Non-Affiliate	`NonControlledNonAffiliateOtherIncome`	$196.47K	USD	1 Quarter
Total income	`NonoperatingIncomeExpense`	$8.27M	USD	1 Quarter
Total income	`NonoperatingIncomeExpense`	$31.78M	USD	3 Qtrs
Total income	`NonoperatingIncomeExpense`	$11.01M	USD	1 Quarter
Total income	`NonoperatingIncomeExpense`	$19.91M	USD	3 Qtrs
Base management fee	`ManagementFeeExpense`	$3.22M	USD	3 Qtrs
Base management fee	`ManagementFeeExpense`	$1.02M	USD	1 Quarter
Base management fee	`ManagementFeeExpense`	$3.30M	USD	3 Qtrs
Base management fee	`ManagementFeeExpense`	$1.17M	USD	1 Quarter
Incentive fee	`IncentiveFeeExpense`	$2.20M	USD	3 Qtrs
Incentive fee	`IncentiveFeeExpense`	$1.03M	USD	1 Quarter
Incentive fee	`IncentiveFeeExpense`	$4.23M	USD	3 Qtrs
Incentive fee	`IncentiveFeeExpense`	$1.49M	USD	1 Quarter
Interest expense	`InterestExpense`	$27.39K	USD	1 Quarter
Interest expense	`InterestExpense`	$446.07K	USD	3 Qtrs
Interest expense	`InterestExpense`	$322.18K	USD	1 Quarter
Interest expense	`InterestExpense`	$458.98K	USD	3 Qtrs
Professional fees	`ProfessionalFees`	$402.83K	USD	3 Qtrs
Professional fees	`ProfessionalFees`	$190.92K	USD	1 Quarter
Professional fees	`ProfessionalFees`	$134.05K	USD	1 Quarter
Professional fees	`ProfessionalFees`	$426.59K	USD	3 Qtrs
Directors' fees	`NoninterestExpenseDirectorsFees`	$191.25K	USD	3 Qtrs
Directors' fees	`NoninterestExpenseDirectorsFees`	$60.00K	USD	1 Quarter
Directors' fees	`NoninterestExpenseDirectorsFees`	$180.00K	USD	3 Qtrs
Directors' fees	`NoninterestExpenseDirectorsFees`	$63.75K	USD	1 Quarter
Administrative fee	`AdministrativeFeesExpense`	$198.75K	USD	3 Qtrs
Administrative fee	`AdministrativeFeesExpense`	$66.25K	USD	1 Quarter
Administrative fee	`AdministrativeFeesExpense`	$66.25K	USD	1 Quarter
Administrative fee	`AdministrativeFeesExpense`	$198.75K	USD	3 Qtrs
Other expenses	`OtherExpenses`	$79.27K	USD	1 Quarter
Other expenses	`OtherExpenses`	$217.50K	USD	3 Qtrs
Other expenses	`OtherExpenses`	$236.01K	USD	3 Qtrs
Other expenses	`OtherExpenses`	$79.08K	USD	1 Quarter
Expenses before waivers from investment adviser and administrator	`InvestmentIncomeInvestmentExpense`	$2.94M	USD	1 Quarter
Expenses before waivers from investment adviser and administrator	`InvestmentIncomeInvestmentExpense`	$8.91M	USD	3 Qtrs
Expenses before waivers from investment adviser and administrator	`InvestmentIncomeInvestmentExpense`	$7.00M	USD	3 Qtrs
Expenses before waivers from investment adviser and administrator	`InvestmentIncomeInvestmentExpense`	$2.86M	USD	1 Quarter
Base management fee waivers	`InvestmentCompanyVoluntaryFeeWaived`	$357.94K	USD	1 Quarter
Base management fee waivers	`InvestmentCompanyVoluntaryFeeWaived`	$1.13M	USD	3 Qtrs
Base management fee waivers	`InvestmentCompanyVoluntaryFeeWaived`	$1.15M	USD	3 Qtrs
Base management fee waivers	`InvestmentCompanyVoluntaryFeeWaived`	$411.18K	USD	1 Quarter
Incentive fee waivers	`InvestmentCompanyContractualFeeWaived`	$2.67M	USD	3 Qtrs
Incentive fee waivers	`InvestmentCompanyContractualFeeWaived`	$771.27K	USD	1 Quarter
Incentive fee waivers	`InvestmentCompanyContractualFeeWaived`	$893.03K	USD	1 Quarter
Incentive fee waivers	`InvestmentCompanyContractualFeeWaived`	$1.81M	USD	3 Qtrs
Total expenses, net of waivers	`InvestmentCompanyExpenseAfterReductionOfFeeWaiverAndReimbursement`	$5.11M	USD	3 Qtrs
Total expenses, net of waivers	`InvestmentCompanyExpenseAfterReductionOfFeeWaiverAndReimbursement`	$1.69M	USD	1 Quarter
Total expenses, net of waivers	`InvestmentCompanyExpenseAfterReductionOfFeeWaiverAndReimbursement`	$1.68M	USD	1 Quarter
Total expenses, net of waivers	`InvestmentCompanyExpenseAfterReductionOfFeeWaiverAndReimbursement`	$4.03M	USD	3 Qtrs
Net Investment Income	`NetInvestmentIncome`	$15.87M	USD	3 Qtrs
Net Investment Income	`NetInvestmentIncome`	$26.67M	USD	3 Qtrs
Net Investment Income	`NetInvestmentIncome`	$9.32M	USD	1 Quarter
Net Investment Income	`NetInvestmentIncome`	$6.59M	USD	1 Quarter
Net realized (loss) gain on investments	`DebtAndEquitySecuritiesRealizedGainLoss`	$431.08K	USD	3 Qtrs
Net realized (loss) gain on investments	`DebtAndEquitySecuritiesRealizedGainLoss`	$93.52K	USD	1 Quarter
Net realized (loss) gain on investments	`DebtAndEquitySecuritiesRealizedGainLoss`	$-22.47K	USD	1 Quarter
Net realized (loss) gain on investments	`DebtAndEquitySecuritiesRealizedGainLoss`	$-179.72K	USD	3 Qtrs
Net change in unrealized appreciation (depreciation) on investments	`DebtAndEquitySecuritiesUnrealizedGainLoss`	$934.46K	USD	1 Quarter
Net change in unrealized appreciation (depreciation) on investments	`DebtAndEquitySecuritiesUnrealizedGainLoss`	$71.84K	USD	1 Quarter
Net change in unrealized appreciation (depreciation) on investments	`DebtAndEquitySecuritiesUnrealizedGainLoss`	$-866.42K	USD	3 Qtrs
Net change in unrealized appreciation (depreciation) on investments	`DebtAndEquitySecuritiesUnrealizedGainLoss`	$-4.60M	USD	3 Qtrs
Net realized and unrealized gain (loss) on investments	`DebtAndEquitySecuritiesGainLoss`	$911.99K	USD	1 Quarter
Net realized and unrealized gain (loss) on investments	`DebtAndEquitySecuritiesGainLoss`	$-1.05M	USD	3 Qtrs
Net realized and unrealized gain (loss) on investments	`DebtAndEquitySecuritiesGainLoss`	$165.36K	USD	1 Quarter
Net realized and unrealized gain (loss) on investments	`DebtAndEquitySecuritiesGainLoss`	$-4.17M	USD	3 Qtrs
Net increase in net assets resulting from operations	`NetIncomeLoss`	$25.62M	USD	3 Qtrs
Net increase in net assets resulting from operations	`NetIncomeLoss`	$10.23M	USD	1 Quarter
Net increase in net assets resulting from operations	`NetIncomeLoss`	$6.76M	USD	1 Quarter
Net increase in net assets resulting from operations	`NetIncomeLoss`	$11.70M	USD	3 Qtrs
Net investment income - basic (in dollars per share)	`NetInvestmentIncomePerShareBasic`	$0.14	USD	1 Quarter
Net investment income - basic (in dollars per share)	`NetInvestmentIncomePerShareBasic`	$0.60	USD	3 Qtrs
Net investment income - basic (in dollars per share)	`NetInvestmentIncomePerShareBasic`	$0.36	USD	3 Qtrs
Net investment income - basic (in dollars per share)	`NetInvestmentIncomePerShareBasic`	$0.21	USD	1 Quarter
Net investment income - diluted (in dollars per share)	`NetInvestmentIncomePerShareDiluted`	$0.14	USD	1 Quarter
Net investment income - diluted (in dollars per share)	`NetInvestmentIncomePerShareDiluted`	$0.21	USD	1 Quarter
Net investment income - diluted (in dollars per share)	`NetInvestmentIncomePerShareDiluted`	$0.36	USD	3 Qtrs
Net investment income - diluted (in dollars per share)	`NetInvestmentIncomePerShareDiluted`	$0.60	USD	3 Qtrs
Net increase in net assets resulting from operations - basic (in dollars per share)	`EarningsPerShareBasic`	$0.57	USD	3 Qtrs
Net increase in net assets resulting from operations - basic (in dollars per share)	`EarningsPerShareBasic`	$0.23	USD	1 Quarter
Net increase in net assets resulting from operations - basic (in dollars per share)	`EarningsPerShareBasic`	$0.26	USD	3 Qtrs
Net increase in net assets resulting from operations - basic (in dollars per share)	`EarningsPerShareBasic`	$0.15	USD	1 Quarter
Net increase in net assets resulting from operations - diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.57	USD	3 Qtrs
Net increase in net assets resulting from operations - diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.23	USD	1 Quarter
Net increase in net assets resulting from operations - diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.15	USD	1 Quarter
Net increase in net assets resulting from operations - diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.26	USD	3 Qtrs
Weighted average shares of common stock outstanding - basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	45.79M	shares	1 Quarter
Weighted average shares of common stock outstanding - basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	45.15M	shares	1 Quarter
Weighted average shares of common stock outstanding - basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	44.44M	shares	3 Qtrs
Weighted average shares of common stock outstanding - basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	44.71M	shares	3 Qtrs
Weighted average shares of common stock outstanding - diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	44.44M	shares	3 Qtrs
Weighted average shares of common stock outstanding - diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	45.79M	shares	1 Quarter
Weighted average shares of common stock outstanding - diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	44.71M	shares	3 Qtrs
Weighted average shares of common stock outstanding - diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	45.15M	shares	1 Quarter

Cash Flow Statement 64 line items

Line Item	Tag	Value	Unit	Period
Net increase in net assets resulting from operations	`ProfitLoss`	$25.62M	USD	3 Qtrs
Net increase in net assets resulting from operations	`ProfitLoss`	$11.70M	USD	3 Qtrs
Net realized (loss) gain on investments	`DebtAndEquitySecuritiesRealizedGainLoss`	$431.08K	USD	3 Qtrs
Net realized (loss) gain on investments	`DebtAndEquitySecuritiesRealizedGainLoss`	$93.52K	USD	1 Quarter
Net realized (loss) gain on investments	`DebtAndEquitySecuritiesRealizedGainLoss`	$-22.47K	USD	1 Quarter
Net realized (loss) gain on investments	`DebtAndEquitySecuritiesRealizedGainLoss`	$-179.72K	USD	3 Qtrs
Net change in unrealized depreciation on investments	`DebtAndEquitySecuritiesUnrealizedGainLoss`	$934.46K	USD	1 Quarter
Net change in unrealized depreciation on investments	`DebtAndEquitySecuritiesUnrealizedGainLoss`	$71.84K	USD	1 Quarter
Net change in unrealized depreciation on investments	`DebtAndEquitySecuritiesUnrealizedGainLoss`	$-866.42K	USD	3 Qtrs
Net change in unrealized depreciation on investments	`DebtAndEquitySecuritiesUnrealizedGainLoss`	$-4.60M	USD	3 Qtrs
Accretion of original issue discount interest and payment-in-kind interest	`InterestIncomeOperatingPaidInKind`	$712.85K	USD	3 Qtrs
Accretion of original issue discount interest and payment-in-kind interest	`InterestIncomeOperatingPaidInKind`	$693.62K	USD	3 Qtrs
Decrease in receivable from investments sold	`IncreaseDecreaseInReceivableFromInvestmentsSold`	$-4.42M	USD	3 Qtrs
Decrease (increase) in interest receivable	`IncreaseDecreaseInAccruedInterestReceivableNet`	$-578.00	USD	3 Qtrs
Decrease (increase) in interest receivable	`IncreaseDecreaseInAccruedInterestReceivableNet`	$914.37K	USD	3 Qtrs
Decrease increase in receivable from bank loan repayment	`IncreaseDecreaseInReceivableFromBankLoanRepayment`	$-33.65K	USD	3 Qtrs
Decrease increase in receivable from bank loan repayment	`IncreaseDecreaseInReceivableFromBankLoanRepayment`	$78.18K	USD	3 Qtrs
Increase in other assets	`IncreaseDecreaseInOtherOperatingAssets`	$56.25K	USD	3 Qtrs
Increase in other assets	`IncreaseDecreaseInOtherOperatingAssets`	$52.50K	USD	3 Qtrs
(Decrease) increase in accrued expenses and other liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-263.50K	USD	3 Qtrs
(Decrease) increase in accrued expenses and other liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$287.68K	USD	3 Qtrs
Increase in fee due to administrator	`IncreaseDecreaseInFeeDueToAdministrator`	$66.25K	USD	3 Qtrs
Increase in fees due to investment advisor	`IncreaseDecreaseInFeesDueToInvestmentAdvisor`	$1.18M	USD	3 Qtrs
Increase in fees due to investment advisor	`IncreaseDecreaseInFeesDueToInvestmentAdvisor`	$121.81K	USD	3 Qtrs
Increase (decrease) in payable for investments purchased	`IncreaseDecreaseInPayableForInvestmentPurchased`	$-37.26M	USD	3 Qtrs
Increase (decrease) in payable for investments purchased	`IncreaseDecreaseInPayableForInvestmentPurchased`	$2.24M	USD	3 Qtrs
Investments purchased	`PaymentsForPurchaseOfSecuritiesOperatingActivities`	$42.41M	USD	3 Qtrs
Investments purchased	`PaymentsForPurchaseOfSecuritiesOperatingActivities`	$94.34M	USD	3 Qtrs
Proceeds from investments sold	`ProceedsFromDispositionOfInvestmentOperatingActivity`	$4.05M	USD	3 Qtrs
Proceeds from investments sold	`ProceedsFromDispositionOfInvestmentOperatingActivity`	$34.26M	USD	3 Qtrs
Repayment of bank loans	`ProceedsFromRepaymentOfLoansToPurchaseCommonStock`	$52.25M	USD	3 Qtrs
Repayment of bank loans	`ProceedsFromRepaymentOfLoansToPurchaseCommonStock`	$37.40M	USD	3 Qtrs
Total investment activity	`InvestmentIncomeNet`	$-29.25M	USD	3 Qtrs
Total investment activity	`InvestmentIncomeNet`	$38.04M	USD	3 Qtrs
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-59.66M	USD	3 Qtrs
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$61.72M	USD	3 Qtrs
Issuance of shares of common stock	`ProceedsFromIssuanceOfCommonStock`	$85.00M	USD	3 Qtrs
Issuance of shares of common stock	`ProceedsFromIssuanceOfCommonStock`	$30.00M	USD	3 Qtrs
Repurchases of shares of common stock	`PaymentsForRepurchaseOfCommonStock`	$35.00M	USD	3 Qtrs
Repurchases of shares of common stock	`PaymentsForRepurchaseOfCommonStock`	$47.52M	USD	3 Qtrs
Short-term borrowings	`ProceedsFromShortTermDebt`	$18.68M	USD	3 Qtrs
Distributions paid to common stockholders	`PaymentsOfDividendsCommonStock`	$8.74M	USD	3 Qtrs
Distributions paid to common stockholders	`PaymentsOfDividendsCommonStock`	$17.70M	USD	3 Qtrs
Repayments of short-term borrowings	`RepaymentsOfShortTermDebt`	$13.18M	USD	3 Qtrs
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$59.94M	USD	3 Qtrs
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-48.39M	USD	3 Qtrs
Net increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$280.27K	USD	3 Qtrs
Net increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$13.33M	USD	3 Qtrs
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$11.34M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$11.06M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$29.25M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$15.92M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$11.34M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$11.06M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$29.25M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$15.92M	USD	Point-in-time
Supplemental cash flow information Interest paid on short-term financing	`InterestPaidNet`	$578.11K	USD	3 Qtrs
Supplemental cash flow information Interest paid on short-term financing	`InterestPaidNet`	$261.87K	USD	3 Qtrs
Supplemental non-cash information Issuance of common shares in connection with dividend reinvestment plan	`StockIssued1`	$27.00	USD	3 Qtrs
Supplemental non-cash information Issuance of common shares in connection with dividend reinvestment plan	`StockIssued1`	$58.00	USD	3 Qtrs
Supplemental non-cash information Payment-in-kind ("PIK") interest income	`IncomeTaxesPaidNet`	$142.63K	USD	1 Quarter
Supplemental non-cash information Payment-in-kind ("PIK") interest income	`IncomeTaxesPaidNet`	$211.76K	USD	3 Qtrs
Supplemental non-cash information Payment-in-kind ("PIK") interest income	`IncomeTaxesPaidNet`	$35.81K	USD	1 Quarter
Supplemental non-cash information Payment-in-kind ("PIK") interest income	`IncomeTaxesPaidNet`	$157.37K	USD	3 Qtrs

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