BlackRock TCP Capital (TCPC) 10-K 28 Feb 23 2022 FY Annual report Financial data

Document and Entity Information

Document and Entity Information - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Feb. 28, 2023	Jun. 30, 2022
Cover [Abstract]
Document Type	10-K
Amendment Flag	false
Document Period End Date	Dec. 31, 2022
Document Fiscal Year Focus	2022
Document Fiscal Period Focus	FY
Entity Registrant Name	BLACKROCK TCP CAPITAL CORP.
Entity Central Index Key	0001370755
Entity Public Float			$ 723.8
Entity Well-known Seasoned Issuer	Yes
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Current Fiscal Year End Date	--12-31
Entity Filer Category	Large Accelerated Filer
Entity Common Stock, Shares Outstanding		57,767,264
Entity Shell Company	false
Entity Small Business	false
Entity Emerging Growth Company	false
Entity File Number	814-00899
Entity Tax Identification Number	56-2594706
Entity Address, Address Line One	2951 28th Street
Entity Address, Address Line Two	Suite 1000
Entity Address, City or Town	Santa Monica
Entity Address, State or Province	CA
Entity Address, Postal Zip Code	90405
City Area Code	310
Local Phone Number	566-1000
Document Annual Report	true
Document Transition Report	false
Entity Incorporation, State or Country Code	DE
Title of 12(b) Security	Common Stock, par value $0.001 per share
Trading Symbol	TCPC
Security Exchange Name	NASDAQ
Document Incorporated by Reference	Portions of the Registrant’s Proxy Statement relating to the Registrant’s 2022 Annual Meeting of Stockholders to be filed not later than 120 days after the end of the fiscal year covered by this Annual Report on Form 10-K are incorporated by reference into Part III of this Report.
Auditor Name	Deloitte & Touche LLP
Auditor Location	Los Angeles, California
Auditor Firm ID	34
ICFR Auditor Attestation Flag	true

N-2

N-2 - USD ($)			3 Months Ended								12 Months Ended
		Feb. 28, 2023	Dec. 31, 2022	Sep. 30, 2022	Jun. 30, 2022	Mar. 31, 2022	Dec. 31, 2021	Sep. 30, 2021	Jun. 30, 2021	Mar. 31, 2021	Dec. 31, 2022
Cover [Abstract]
Entity Central Index Key											0001370755
Amendment Flag											false
Securities Act File Number											814-00899
Document Type											10-K
Entity Registrant Name											BLACKROCK TCP CAPITAL CORP.
Entity Address, Address Line One											2951 28th Street
Entity Address, Address Line Two											Suite 1000
Entity Address, City or Town											Santa Monica
Entity Address, State or Province											CA
Entity Address, Postal Zip Code											90405
City Area Code											310
Local Phone Number											566-1000
Entity Well-known Seasoned Issuer											Yes
Entity Emerging Growth Company											false
Fee Table [Abstract]
Shareholder Transaction Expenses [Table Text Block]											Stockholder Transaction Expenses Sales Load (as a percentage of offering price) — (1 ) Offering Expenses (as a percentage of offering price) — (2 ) Dividend Reinvestment Plan Fees — (3 ) Total Stockholder Transaction Expenses (as a percentage Annual Expenses (as a Percentage of Net Assets Base Management Fees 2.90 % (5 ) Incentive Compensation Payable Under the Investment 1.91 % (6 ) Interest Payments on Borrowed Funds 5.21 % (7 ) Other Expenses 0.89 % (8 ) Total Annual Expenses 10.91 % (1) In the event that securities are sold to or through underwriters, a corresponding prospectus supplement will disclose the applicable sales load. (2) The related prospectus supplement will disclose the estimated amount of offering expenses, the offering price and the estimated offering expenses borne by us as a percentage of the offering price . (3) The expenses of the dividend reinvestment plan are included in “other expenses.”
Sales Load [Percent]	[1]										0%
Dividend Reinvestment and Cash Purchase Fees	[2]										$ 0
Other Transaction Expenses [Abstract]
Other Transaction Expense 1 [Percent]	[3]										0%
Annual Expenses [Table Text Block]											Stockholder Transaction Expenses Sales Load (as a percentage of offering price) — (1 ) Offering Expenses (as a percentage of offering price) — (2 ) Dividend Reinvestment Plan Fees — (3 ) Total Stockholder Transaction Expenses (as a percentage Annual Expenses (as a Percentage of Net Assets Base Management Fees 2.90 % (5 ) Incentive Compensation Payable Under the Investment 1.91 % (6 ) Interest Payments on Borrowed Funds 5.21 % (7 ) Other Expenses 0.89 % (8 ) Total Annual Expenses 10.91 % (4) The “net assets attributable to common stock” used to calculate the percentages in this table is our average net assets of $817.0 million for the twelve month period ended December 31, 2022. (5) The base management fee is calculated at an annual rate of 1.5% of our total assets (excluding cash and cash equivalents) payable quarterly in arrears; provided, however, that, effective as of February 9, 2019, the base management fee is calculated at an annual rate of 1.0% of our total assets (excluding cash and cash equivalents) that exceed an amount equal to 200% of the net asset value of the Company. The percentage shown in the table, which assumes all capital and leverage is invested at the maximum level, is calculated by determining the ratio that the aggregate base management fee bears to our net assets attributable to common stock and not total assets. We make this conversion because all of our interest is indirectly borne by our common stockholders. If we borrow money or issue preferred stock and invest the proceeds other than in cash and cash equivalents, our base management fees will increase. The base management fee for any partial quarter is appropriately prorated. (6) Under the current investment management agreement, dated February 9, 2019, the incentive compensation equals the sum of (1) 20% of all ordinary income since January 1, 2013 through February 8, 2019 and 17.5% thereafter and (2) 20% of all net realized capital gains (net of any net unrealized capital depreciation) since January 1, 2013 through February 8, 2019 and 17.5% thereafter, less ordinary income incentive compensation and capital gains incentive compensation previously paid. However, incentive compensation will only be paid to the extent the cumulative total return of the Company after incentive compensation and including such payment would equal or exceed a 7% annual return on daily weighted average contributed common equity. The incentive compensation is payable quarterly in arrears (or upon termination of the Advisor as the investment manager, as of the termination date). For assets held on January 1, 2013, capital gain, loss and depreciation are measured on an asset by asset basis against the value thereof as of December 31, 2012. The capital gains component is paid or distributed in full prior to payment or distribution of the ordinary income component. (7) “Interest Payments on Borrowed Funds” represents interest and fees estimated to be accrued on the Operating Facility and Funding Facility II and amortization of debt issuance costs, and assumes the Operating Facility and Funding Facility II are fully drawn (subject to asset coverage limitations under the 1940 Act) and that the interest rate on the debt issued (i) under the Operating Facility is the rate in effect as of December 31, 2022, which was 6.22% and (ii) under the Funding Facility II is the rate which would have been approximately 6.33% as of December 31, 2022. “Interest Payments on Borrowed Funds” additionally represents interest and fees estimated to be accrued on our $250.0 million in aggregate principal amount of notes due 2024, which bear interest at an annual rate of 3.900%, payable semi-annually, our $325.0 million in aggregate principal amount of notes due 2026, which bear interest at an annual rate of 2.850%, payable semi-annually and our $160.0 million of committed leverage from the SBA, which SBA debentures, once drawn, bear an interim interest rate of LIBOR plus 30 basis points, are non-recourse and may be prepaid at any time without penalty, and assumes that the committed leverage from the SBA is fully drawn. When we borrow money or issue preferred stock, all of our interest and preferred stock dividend payments are indirectly borne by our common stockholders. (8) “Other Expenses” includes our estimated overhead expenses, including expenses of our Advisor reimbursable under the investment management agreement and of the Administrator reimbursable under the administration agreement except for certain administration overhead costs which are not currently contemplated to be charged to us. Such expense estimate, other than the Administrator expenses, is based on actual other expenses for the twelve month period ended December 31, 2022.
Management Fees [Percent]	[4],[5]										2.90%
Interest Expenses on Borrowings [Percent]	[5],[6]										5.21%
Incentive Fees [Percent]	[5],[7]										1.91%
Other Annual Expenses [Abstract]
Other Annual Expenses [Percent]	[5],[8]										0.89%
Total Annual Expenses [Percent]	[5]										10.91%
Expense Example [Table Text Block]											Example The following example demonstrates the projected dollar amount of total cumulative expenses (including stockholder transaction expenses and annual expenses) that would be incurred over various periods with respect to a hypothetical investment in our common stock. In calculating the following expense amounts, we have assumed that our annual operating expenses remain at the levels set forth in the table above. 1 year 3 years 5 years 10 years You would pay the following expenses on a $1,000 $ 112 $ 274 $ 423 $ 746 You would pay the following expenses on a $1,000 $ 112 $ 274 $ 423 $ 746 (1) All incentive compensation (on both net investment income and net realized gains) is subject to a total return hurdle of 7%. Consequently, no incentive compensation would be incurred in this scenario. (2) All incentive compensation (on both net investment income and net realized gains) is subject to a total return hurdle of 7%. Consequently, no incentive compensation would be incurred in this scenario. Assumes no unrealized capital depreciation. While the example assumes, as required by the SEC, a 5% annual return, our performance will vary and may result in a return greater or less than 5%. There is no incentive compensation either on income or on capital gains under our investment management agreement assuming a 5% annual return and therefore it is not included in the example. If we achieve sufficient returns on our investments, including through the realization of capital gains, to trigger an incentive compensation of a material amount, our distributions to our common stockholders and our expenses would likely be higher. In addition, the example assumes reinvestment of all dividends and distributions at net asset value.
Expense Example, Year 01											$ 112
Expense Example, Years 1 to 3											274
Expense Example, Years 1 to 5											423
Expense Example, Years 1 to 10											$ 746
Purpose of Fee Table , Note [Text Block]											Fees and Expenses The following table is intended to assist you in understanding the costs and expenses that an investor in a potential offering of our common stock would bear directly or indirectly. The following table and example should not be considered a representation of our future expenses. Actual expenses may be greater or less than shown. The following table and example represent our best estimate of the fees and expenses that we expect to incur during the next twelve months.
Basis of Transaction Fees, Note [Text Block]											as a percentage of the offering price
Other Expenses, Note [Text Block]											(3) The expenses of the dividend reinvestment plan are included in “other expenses.” (8) “Other Expenses” includes our estimated overhead expenses, including expenses of our Advisor reimbursable under the investment management agreement and of the Administrator reimbursable under the administration agreement except for certain administration overhead costs which are not currently contemplated to be charged to us. Such expense estimate, other than the Administrator expenses, is based on actual other expenses for the twelve month period ended December 31, 2022.
Management Fee not based on Net Assets, Note [Text Block]											(5) The base management fee is calculated at an annual rate of 1.5% of our total assets (excluding cash and cash equivalents) payable quarterly in arrears; provided, however, that, effective as of February 9, 2019, the base management fee is calculated at an annual rate of 1.0% of our total assets (excluding cash and cash equivalents) that exceed an amount equal to 200% of the net asset value of the Company. The percentage shown in the table, which assumes all capital and leverage is invested at the maximum level, is calculated by determining the ratio that the aggregate base management fee bears to our net assets attributable to common stock and not total assets. We make this conversion because all of our interest is indirectly borne by our common stockholders. If we borrow money or issue preferred stock and invest the proceeds other than in cash and cash equivalents, our base management fees will increase. The base management fee for any partial quarter is appropriately prorated.
Acquired Fund Incentive Allocation, Note [Text Block]											(6) Under the current investment management agreement, dated February 9, 2019, the incentive compensation equals the sum of (1) 20% of all ordinary income since January 1, 2013 through February 8, 2019 and 17.5% thereafter and (2) 20% of all net realized capital gains (net of any net unrealized capital depreciation) since January 1, 2013 through February 8, 2019 and 17.5% thereafter, less ordinary income incentive compensation and capital gains incentive compensation previously paid. However, incentive compensation will only be paid to the extent the cumulative total return of the Company after incentive compensation and including such payment would equal or exceed a 7% annual return on daily weighted average contributed common equity. The incentive compensation is payable quarterly in arrears (or upon termination of the Advisor as the investment manager, as of the termination date). For assets held on January 1, 2013, capital gain, loss and depreciation are measured on an asset by asset basis against the value thereof as of December 31, 2012. The capital gains component is paid or distributed in full prior to payment or distribution of the ordinary income component.
General Description of Registrant [Abstract]
Investment Objectives and Practices [Text Block]											The Company is a Delaware corporation formed on April 2, 2012 and is an externally managed, closed-end, non-diversified management investment company. We have elected to be regulated as a business development company (“BDC”) under the Investment Company Act of 1940, as amended (the “1940 Act”). Our investment objective is to achieve high total returns through current income and capital appreciation, with an emphasis on principal protection. We seek to achieve our investment objective primarily through investments in debt securities of middle-market companies, which we typically define as those with enterprise values between $100 million and $1.5 billion. While we intend to primarily focus on privately negotiated investments in debt of middle-market companies, we may make investments of all kinds and at all levels of the capital structure, including in equity interests such as preferred or common stock and warrants or options received in connection with our debt investments. Our investment activities will benefit from what we believe are the competitive advantages of our Advisor, including its diverse in-house skills, proprietary deal flow, and consistent and rigorous investment process focused on established, middle-market companies. We expect to generate returns through a combination of the receipt of contractual interest payments on debt investments and origination and similar fees, and, to a lesser extent, equity appreciation through options, warrants, conversion rights or direct equity investments. Investment operations are conducted through the Company’s wholly-owned subsidiaries, SVCP, TCPC Funding, TCPC Funding II and the SBIC. SVCP was organized as a limited partnership and had elected to be regulated as a BDC under the 1940 Act through July 31, 2018. On August 1, 2018, SVCP withdrew its election to be regulated as a BDC under the 1940 Act and withdrew the registration of its common limited partner interests under Section 12(g) of the Securities Exchange Act of 1934 and, on August 2, 2018, terminated its general partner, Series H of SVOF/MM, LLC, and converted to a Delaware limited liability company. The managing member of SVOF/MM is Tennenbaum Capital Partners, LLC (the “Advisor”), which serves as the investment manager to the Company, TCPC Funding, TCPC Funding II and the SBIC. On August 1, 2018, the Advisor merged with and into a wholly-owned subsidiary of BlackRock Capital Investment Advisors, LLC, an indirect wholly-owned subsidiary of BlackRock, Inc. with the Advisor as the surviving entity. BlackRock, Inc., along with its subsidiaries is referred to herein as “BlackRock”.
Risk Factors [Table Text Block]											Item 1A. Risk F actors Investing in our securities may be speculative and involves a high degree of risk. You should carefully consider these risk factors, together with all of the other information included in this Annual Report on Form 10-K, including our consolidated financial statements and the related notes thereto. The risks set out below are not the only risks we face. If any of the following events occur, our business, financial condition and results of operations could be materially adversely affected. In such case, our net asset value and the trading price of our common stock could decline, and you may lose all or part of your investment in us. Risks Related to Our Business Market disruptions and other geopolitical or macroeconomic events could create market volatility that negatively impacts our business, financial condition and earnings. General economic and market conditions, such as interest rates, availability of credit, inflation rates, economic uncertainty, supply chain disruptions, labor shortages, energy and other resource shortages, changes in laws, trade barriers, currency exchange controls and national and international political circumstances, may have long-term negative effects on the U.S. and worldwide financial markets and economy. These conditions have resulted in, and in many cases continue to result in, greater price volatility, less liquidity, widening credit spreads and a lack of price transparency, with many securities remaining illiquid and of uncertain value. Such market conditions may adversely affect the Company, including by making valuation of some of the Company’s securities uncertain and/or result in sudden and significant valuation increases or declines in the Company’s holdings. If there is a significant decline in the value of the Company’s portfolio, this may impact the asset coverage levels for the Company’s outstanding leverage. Risks resulting from any future debt or other economic crisis could also have a detrimental impact on the global economy, the financial condition of financial institutions and our business, financial condition and results of operation. Market and economic disruptions have affected, and may in the future affect, consumer confidence levels and spending, personal bankruptcy rates, levels of incurrence and default on consumer debt and home prices, among other factors. To the extent uncertainty regarding the U.S. or global economy negatively impacts consumer confidence and consumer credit factors, our business, financial condition and results of operations could be significantly and adversely affected. Downgrades to the credit ratings of major banks could result in increased borrowing costs for such banks and negatively affect the broader economy. Moreover, Federal Reserve policy, including with respect to certain interest rates, may also adversely affect the value, volatility and liquidity of dividend- and interest-paying securities. Market volatility, rising interest rates and/or a return to unfavorable economic conditions could impair the Company’s ability to achieve its investment objective. The occurrence of events similar to those in recent years, such as localized wars, instability, new and ongoing pandemics (such as COVID-19), epidemics or outbreaks of infectious diseases in certain parts of the world, and catastrophic events such as fires, floods, earthquakes, tornadoes, hurricanes and global health epidemics, terrorist attacks in the U.S. and around the world, social and political discord, debt crises sovereign debt downgrades, increasingly strained relations between the U.S. and a number of foreign countries, new and continued political unrest in various countries, the exit or potential exit of one or more countries from the EU or the EMU, continued changes in the balance of political power among and within the branches of the U.S. government, government shutdowns, among others, may result in market volatility, may have long term effects on the U.S. and worldwide financial markets, and may cause further economic uncertainties in the U.S. and worldwide. In particular, the consequences of the Russian military invasion of Ukraine, the impact on inflation and increased disruption to supply chains and energy resources may impact our portfolio companies, result in an economic downturn or recession either globally or locally in the U.S. or other economies, reduce business activity, spawn additional conflicts (whether in the form of traditional military action, reignited "cold" wars or in the form of virtual warfare such as cyberattacks) with similar and perhaps wider ranging impacts and consequences and have an adverse impact on the Company's returns and net asset value. In response to the conflict between Russia and Ukraine, the U.S. and other countries have imposed sanctions or other restrictive actions against Russia, Russian-backed separatist regions in Ukraine, and certain banks, companies, government officials and other individuals in Russia and Belarus. Any of the above factors, including sanctions, export controls, tariffs, trade wars and other governmental actions, could have a material adverse effect on our business, financial condition, cash flows and results of operations and could cause the market value of our common shares and/or debt securities to decline. We have no way to predict the duration or outcome of the situation, as the conflict and government reactions are rapidly developing and beyond our control. Prolonged unrest, military activities, or broad-based sanctions could have a material adverse effect on our portfolio companies. Such consequences also may increase our funding cost or limit our access to the capital markets. The current political climate has intensified concerns about a potential trade war between China and the U.S., as each country has imposed tariffs on the other country’s products. These actions may trigger a significant reduction in international trade, the oversupply of certain manufactured goods, substantial price reductions of goods and possible failure of individual companies and/or large segments of China’s export industry, which could have a negative impact on our performance. U.S. companies that source material and goods from China and those that make large amounts of sales in China would be particularly vulnerable to an escalation of trade tensions. Uncertainty regarding the outcome of the trade tensions and the potential for a trade war could cause the U.S. dollar to decline against safe haven currencies, such as the Japanese yen and the euro. Events such as these and their consequences are difficult to predict and it is unclear whether further tariffs may be imposed or other escalating actions may be taken in the future. Any of these effects could have a material adverse effect on our business, financial condition and results of operations. The effects described above on our portfolio companies could impact their ability to make payments on their loans on a timely basis and may impact their ability to continue making their loan payments on a timely basis or meeting their loan covenants. The inability of portfolio companies to make timely payments or meet loan covenants may in the future require us to undertake amendment actions with respect to our investments or to restructure our investments, which may include the need for us to make additional investments in our portfolio companies (including debt or equity investments) beyond any existing commitments, exchange debt for equity, or change the payment terms of our investments to permit a portfolio company to pay a portion of its interest through payment-in-kind, which would defer the cash collection of such interest and add it to the principal balance, which would generally be due upon repayment of the outstanding principal. Economic recessions or downturns could impair our portfolio companies and harm our operating results. Many of our portfolio companies may be susceptible to economic slowdowns or recessions and may be unable to repay our loans during these periods. Therefore, our non-performing assets may increase and the value of our portfolio may decrease during these periods as we are required to record the values of our investments. Adverse economic conditions also may decrease the value of collateral securing some of our loans and the value of our equity investments. Economic slowdowns or recessions could lead to financial losses in our portfolio and a decrease in revenues, net income and assets. Unfavorable economic conditions also could increase our funding costs, limit our access to the capital markets or result in a decision by lenders not to extend credit to us. These events could prevent us from increasing investments and harm our operating results. A portfolio company’s failure to satisfy financial or operating covenants imposed by us or other lenders could lead to defaults and, potentially, termination of its loans and foreclosure on its secured assets, which could trigger cross-defaults under other agreements and jeopardize our portfolio company’s ability to meet its obligations under the debt securities that we hold. We may incur expenses to the extent necessary to seek recovery upon default or to negotiate new terms with a defaulting portfolio company. In addition, if one of our portfolio companies were to go bankrupt, even though we or one of our affiliates may have structured our interest in such portfolio company as senior debt, depending on the facts and circumstances, including the extent to which we actually provided managerial assistance to that portfolio company, a bankruptcy court might re-characterize our debt holding as equity and subordinate all or a portion of our claim to claims of other creditors. Recently, central banks such as the Federal Reserve Bank have been increasing interest rates in an effort to slow the rate of inflation. There is a risk that increased interest rates may cause the economy to enter a recession. Any such recession would negatively impact the businesses in which we invest and our business. These impacts may include: • severe declines in the market price of our securities or net asset value; • inability of the Company to accurately or reliably value its portfolio; • inability of the Company to comply with certain asset coverage ratios that would prevent the Company from paying dividends to our stockholders and that could result breaches of covenants or events of default under our credit agreement or debt indentures; • inability of the Company to pay any dividends and distributions or service its debt; • inability of the Company to maintain its status as a RIC under the Code; • declines in the value of our investments; • increased risk of default or bankruptcy by the companies in which we invest; • increased risk of companies in which we invest being unable to weather an extended cessation of normal economic activity and thereby impairing their ability to continue functioning as a going concern; • limited availability of new investment opportunities; • inability for us to replace our existing leverage when it becomes due or replace it on terms as favorable as our existing leverage; and • general threats to the Company’s ability to continue investment operations and to operate successfully as a BDC. We are subject to risks related to inflation. Inflation risk is the risk that the value of assets or income from investments will be worth less in the future as inflation decreases the value of money. Recently, inflation has increased to its highest level in decades, and the Federal Reserve has been raising the federal funds rate in response. Inflation rates may change frequently and significantly as a result of various factors, including unexpected shifts in the domestic or global economy and changes in economic policies, and the Company’s investments may not keep pace with inflation, which may result in losses to shareholders. As inflation increases, the real value of our shares and dividends therefore may decline. In addition, during any periods of rising inflation, interest rates of any debt securities issued by the Company would likely increase, which would tend to further reduce returns to shareholders. Inflation rates may change frequently and significantly as a result of various factors, including unexpected shifts in the domestic or global economy and changes in economic policies, and our investments may not keep pace with inflation, which may result in losses to our shareholders. This risk is greater for fixed-income instruments with longer maturities. Capital markets may experience periods of disruption and instability. Such market conditions may materially and adversely affect debt and equity capital markets in the U.S. and abroad, which may have a negative impact on our business and operations. From time to time, capital markets may experience periods of disruption and instability, which may be evidenced by a lack of liquidity in debt capital markets, write-offs in the financial services sector, re-pricing of credit risk and failure of certain major financial institutions. While the extreme volatility and disruption that U.S. and global markets experienced for an extended period of time beginning in 2007 and 2008 had, until the recent coronavirus (COVID-19) outbreak, generally subsided, uncertainty and periods of volatility still remain, and risks to a robust resumption of growth persist. Equity capital may be difficult to raise because, subject to some limited exceptions, as a BDC, we are generally not able to issue additional shares of common stock at a price less than net asset value without first obtaining approval for such issuance from our stockholders and our independent directors. We generally seek approval from our stockholders so that we have the flexibility to issue up to 25% of our then outstanding shares of our common stock immediately prior to any such sale at a price below net asset value. Pursuant to approval granted at our annual meeting of stockholders held on May 24, 2022, we currently are permitted to sell or otherwise issue shares of our common stock at a price below net asset value, subject to certain limitations and determinations that must be made by our board of directors. Such stockholder approval expires on May 24, 2023. In addition, our ability to incur indebtedness (including by issuing preferred stock) is limited by applicable regulations such that our asset coverage ratio, as calculated in accordance with the 1940 Act, must equal at least 150% immediately after each time we incur indebtedness. The debt capital that will be available to us in the future, if at all, may be at a higher cost and on less favorable terms and conditions than our current leverage. Any inability to raise capital could have a negative effect on our business, financial condition and results of operations. Market conditions may in the future make it difficult to extend the maturity of or refinance our existing indebtedness and any failure to do so could have a material adverse effect on our business. The debt capital that will be available to us in the future, if at all, may be at a higher cost and on less favorable terms and conditions than what we currently experience. Further, if we are unable to raise or refinance debt, then our equity investors may not benefit from the potential for increased returns on equity resulting from leverage and we may be limited in our ability to make new commitments or to fund existing commitments to our portfolio companies. The illiquidity of our investments may make it difficult for us to sell such investments if required. As a result, we may realize significantly less than the value at which we have recorded our investments. While most of our investments are not publicly traded, applicable accounting standards require us to assume as part of our valuation process that our investments are sold in a principal market to market participants (even if we plan on holding an investment through its maturity) In addition, significant changes in the capital markets, including disruption and volatility, have had, and may in the future have, a negative effect on the valuations of our investments and on the potential for liquidity events involving our investments. An inability to raise capital, and any required sale of our investments for liquidity purposes, could have a material adverse impact on our business, financial condition and results of operations. Price declines and illiquidity in the corporate debt markets have adversely affected, and may in the future adversely affect, the fair value of our portfolio investments, reducing our net asset value through increased net unrealized depreciation. Pursuant to Rule 2a-5 (the “Rule”) under the 1940 Act, the Board of Directors designated the Advisor as the Company’s valuation designee (the “Valuation Designee”) to perform certain fair value functions, including performing fair value determinations (see Note 2 to the Company’s consolidated financial statements for further information). As a BDC, we are required to carry our investments at market value or, if no market value is ascertainable, at fair value as determined in good faith by the Valuation Designee. Decreases in the market values or fair values of our investments are recorded as unrealized depreciation, which reduces our net asset value. Depending on market conditions, we could incur substantial realized losses and may suffer additional unrealized losses in future periods, which could have a material adverse impact on our business, financial condition and results of operations. Changes in legal, tax and regulatory regimes could negatively impact our business, financial condition and earnings. Changes enacted by the current presidential administration could significantly impact the regulation of financial markets in U.S. Areas subject to potential change, amendment or repeal include trade and foreign policy, corporate tax rates, energy and infrastructure policies, the environment and sustainability, criminal and social justice initiatives, immigration, healthcare and the oversight of certain federal financial regulatory agencies and the Federal Reserve. Certain of these changes can, and have, been effectuated through executive order. For example, the current administration has taken steps to rejoin the Paris climate accord of 2015 and incentivize certain clean energy technologies, cancel the Keystone XL pipeline, provide military support to Ukraine and change immigration enforcement priorities. Other potential changes that could be pursued by the current presidential administration could include an increase in the corporate income tax rate; changes to regulatory enforcement priorities; and spending on clean energy and infrastructure. It is not possible to predict which, if any, of these actions will be taken or, if taken, their effect on the economy, securities markets or the financial stability of the U.S. The Company may be affected by governmental action in ways that are not foreseeable, and there is a possibility that such actions could have a significant adverse effect on the Company and its ability to achieve its investment objective. Additional risks arising from the differences in expressed policy preferences among the various constituencies in the branches of the U.S. government has led in the past, and may lead in the future, to short-term or prolonged policy impasses, which could, and has, resulted in shutdowns of the U.S. federal government. U.S. federal government shutdowns, especially prolonged shutdowns, could have a significant adverse impact on the economy in general and could impair the ability of issuers to raise capital in the securities markets. Any of these effects could have a material adverse effect on our business, financial condition and results of operations. In addition, the rules dealing with the U.S. federal income taxation are constantly under review by persons involved in the legislative process and by the IRS and the U.S. Treasury Department. The Tax Cuts and Jobs Act made substantial changes to the Code. Among those changes were a significant permanent reduction in the generally applicable corporate tax rate, changes in the taxation of individuals and other non-corporate taxpayers that generally but not universally reduce their taxes on a temporary basis subject to “sunset” provisions, the elimination or modification of various previously allowed deductions (including substantial limitations on the deductibility of interest and, in the case of individuals, the deduction for personal state and local taxes), certain additional limitations on the deduction of net operating losses, certain preferential rates of taxation on certain dividends and certain business income derived by non-corporate taxpayers in comparison to other ordinary income recognized by such taxpayers, and significant changes to the international tax rules. In addition, the Biden administration has indicated that it intends to modify key aspects of the Code, including by increasing corporate and individual tax rates. The effect of these and other changes is uncertain, both in terms of the direct effect on the taxation of an investment in the Company’s shares and their indirect effect on the value of the Company’s assets, the Company’s shares or market conditions generally. Changes to U.S. tariff and import/export regulations may have a negative effect on our portfolio companies and, in turn, harm us. There has been ongoing discussion and commentary regarding potential significant changes to U.S. trade policies, treaties and tariffs. There remains uncertainty about the future relationship between the U.S. and other countries with respect to the trade policies, treaties and tariffs. These developments, or the perception that any of them could occur, may have a material adverse effect on global economic conditions and the stability of global financial markets, and may significantly reduce global trade and, in particular, trade between the impacted nations and the U.S. Any of these factors could depress economic activity and restrict our portfolio companies’ access to suppliers or customers and have a material adverse effect on their business, financial condition and results of operations, which in turn would negatively impact us. Uncertainty regarding the impact of the United Kingdom's departure from the European Union could negatively impact our business, financial condition and earnings. On January 31, 2020, the United Kingdom officially withdrew from the EU, commonly referred to as “Brexit”. Following a transition period, the United Kingdom and the EU signed a Trade and Cooperation Agreement (“UK/EU Trade Agreement”), which came into full force on May 1, 2021 and set out the foundation of the economic and legal framework for trade between the United Kingdom and the EU. As the UK/EU Trade Agreement is a new legal framework, the implementation of the UK/EU Trade Agreement may result in uncertainty in its application and periods of volatility in both the United Kingdom and wider European markets. The United Kingdom’s exit from the EU is expected to result in additional trade costs and disruptions in this trading relationship. Furthermore, there is the possibility that either party may impose tariffs on trade in the future in the event that regulatory standards between the EU and the UK diverge. The terms of the future relationship may cause continued uncertainty in the global financial markets, and adversely affect our ability, and the ability of our portfolio companies, to execute our respective strategies and to receive attractive returns. Rising interest rates or changes in interest rates may adversely affect the value of our portfolio investments which could have an adverse effect on our business, financial condition and results of operations. Our debt investments are generally based on floating rates, such as London Interbank Offer Rate (“LIBOR”), EURIBOR, Secured Overnight Financing Rate (“SOFR”), the Federal Funds Rate or the Prime Rate. General interest rate fluctuations may have a substantial negative impact on our investments, the value of our common stock and our rate of return on invested capital. An increase in interest rates generally will increase the cost of borrowing for the companies in which we invest and may make them less profitable, which generally would decrease the value of our investments in them. In addition, although we generally expect to invest a limited percentage of our assets in instruments with a fixed interest rate, including subordinated loans, senior and junior secured and unsecured debt securities and loans in high yield bonds, an increase in interest rates could decrease the value of those fixed rate investments. Rising interest rates may also increase the cost of debt for our underlying portfolio companies, which could adversely impact their financial performance and ability to meet ongoing obligations to the Company. Also, an increase in interest rates available to investors could make investment in our common stock less attractive if we are not able to increase our dividend rate, which could reduce the value of our common stock. Because we have borrowed money, and may issue preferred stock to finance investments, our net investment income depends, in part, upon the difference between the rate at which we borrow funds or pay dividends on preferred stock and the rate that our investments yield. As a result, we can offer no assurance that a significant change in market interest rates will not have a material adverse effect on our net investment income. In this period of rising interest rates, our cost of funds may increase except to the extent we have issued fixed rate debt or preferred stock, which could reduce our net investment income. You should also be aware that a change in the general level of interest rates can be expected to lead to a change in the interest rate we receive on many of our debt investments. Accordingly, a change in the interest rate could make it easier for us to meet or exceed the performance threshold and may result in a substantial increase in the amount of Incentive Fees payable to our Advisor with respect to the portion of the Incentive Fee based on income. Interest rates have risen in recent months, and the risk that they may continue to do so is pronounced. Changes relating to the London Interbank Offer Rate (“LIBOR”) calculation process, the phase-out of LIBOR and the use of replacement rates for LIBOR may adversely affect the value of our portfolio securities. In July 2017, the head of the United Kingdom Financial Conduct Authority announced the desire to phase out the use of LIBOR by the end of 2021. The announcement indicates that the continuation of LIBOR on the current basis cannot and will not be guaranteed after 2021. Since December 31, 2021, all sterling, euro, Swiss franc and Japanese yen LIBOR settings and the 1-week and 2-month U.S. dollar LIBOR settings have ceased to be published or are no longer representative, and after June 30, 2023, the overnight, 1-month, 3-month, 6-month and 12-month U.S. dollar LIBOR settings will cease to be published or will no longer be representative. Various financial industry groups have begun planning for the transition away from LIBOR, but there are challenges to converting certain securities and transactions to a new reference rate (e.g., the Secured Overnight Financing Rate (“SOFR”), which is intended to replace the U.S. dollar LIBOR). Neither the effect of the LIBOR transition process nor its ultimate success can yet be known. As an alternative to LIBOR, the Financial Reporting Council, in conjunction with the Alternative Reference Rates Committee, a steering committee comprised of large U.S. financial institutions recommended replacing U.S. dollar LIBOR with the Secured Overnight Financing Rate (“SOFR”), a new index calculated by reference to short-term repurchase agreements, backed by Treasury securities. Abandonment of, or modifications to, LIBOR could have adverse impacts on newly issued financial instruments and any of our existing financial instruments which reference LIBOR. Given the inherent differences between LIBOR and SOFR, or any other alternative benchmark rate that may be established, there are many uncertainties regarding a transition from LIBOR, including, but not limited to, the need to amend all contracts with LIBOR as the referenced rate and how this will impact the cost of variable rate debt and certain derivative financial instruments. In addition, SOFR or other replacement rates may fail to gain market acceptance. Any failure of SOFR or alternative reference rates to gain market acceptance could adversely affect the return on, value of and market for securities linked to such rates. Neither the effect of the LIBOR transition process nor its ultimate success can yet be known. The transition process might lead to increased volatility and illiquidity in markets for, and reduce the effectiveness of, new hedges placed against, instruments whose terms currently include LIBOR. While some existing LIBOR-based instruments may contemplate a scenario where LIBOR is no longer available by providing for an alternative rate-setting methodology, there may be significant uncertainty regarding the effectiveness of any such alternative methodologies to replicate LIBOR. Not all existing LIBOR-based instruments may have alternative rate-setting provisions and there remains uncertainty regarding the willingness and ability of issuers to add alternative rate-setting provisions in certain existing instruments. Moreover, these alternative rate-setting provisions may not be designed for regular use in an environment where LIBOR ceases to be published and may be an ineffective fallback following the discontinuation of LIBOR. On March 15, 2022, President Biden signed into law the Consolidated Appropriations Act of 2022, which among other things, provides for the use of interest rates based on SOFR in certain contracts currently based on LIBOR and a safe harbor from liability for utilizing SOFR-based interest rates as a replacement for LIBOR. The elimination of LIBOR could have an adverse impact on the market value of and/or transferability of any LIBOR-linked securities, loans, and other financial obligations or extensions of credit held by or due to us or on our overall financial condition or results of operations. We may not replicate the historical performance of other investment companies and funds with which our investment professionals have been affiliated. The 1940 Act imposes numerous constraints on the investment activities of BDCs. For example, BDCs are required to invest at least 70% of their total assets primarily in securities of U.S. private companies or thinly traded public companies (public companies with a market capitalization of less than $250 million), cash, cash equivalents, U.S. government securities and high-quality debt investments that mature in one year or less. These constraints may hinder our Advisor’s ability to take advantage of attractive investment opportunities and to achieve our investment objectives. In addition, the investment philosophy and techniques used by our Advisor may differ from those used by other investment companies and funds advised by our Advisor. Accordingly, we can offer no assurance that we will replicate the historical performance of other investment companies and funds with which our investment professionals have been affiliated, and we caution that our investment returns could be substantially lower than the returns achieved by such other companies. We are not managed by BlackRock, but rather one of its subsidiaries and may not replicate the success of that entity or BlackRock. Our investment strategies differ from those of BlackRock or its affiliates. As a BDC, we are subject to certain investment restrictions that do not apply to BlackRock. Our performance may be lower or higher than the performance of other entities managed by BlackRock or its affiliates and their past performance is no guarantee of our future results. Our business model depends upon the development and maintenance of strong referral relationships with other asset managers and investment banking firms. We are substantially dependent on our informal relationships, which we use to help identify and gain access to investment opportunities. If we fail to maintain our relationships with key firms, or if we fail to establish strong referral relationships with other firms or other sources of investment opportunities, we will not be able to grow
Effects of Leverage [Table Text Block]											The following table illustrates the effect of leverage on returns from an investment in our common stock assuming various annual returns, net of expenses. The calculations in the table below are hypothetical and actual returns may be higher or lower than those appearing below. The calculation is based on our level of leverage at December 31, 2022, which represented borrowings equal to 55.2% of our total assets. On such date, we also had $1,719.3 million in total assets; $1,609.6 million in total investments; an average cost of funds of 3.47% based on contractual terms at December 31, 2022; $949.1 million aggregate principal amount of debt outstanding; and $746.8 million of total net assets. In order to compute the “Corresponding Return to Common Stockholders,” the “Assumed Return on Portfolio (Net of Expenses Other than Interest)” is multiplied by the total value of our investment portfolio at December 31, 2022 to obtain an assumed return to us. From this amount, interest expense (calculated by multiplying the weighted-average interest rate of 3.47% by the $949.1 million of debt) is subtracted to determine the return available to stockholders. The return available to stockholders is then divided by the total value of our net assets at December 31, 2022 to determine the “Corresponding Return to Common Stockholders.” Actual interest payments may vary. Assumed Return on Portfolio (Net of Expenses (10 )% (5 )% — % 5 % 10 % Corresponding Return to Common Stockholders ( 26 )% ( 15 )% ( 4 )% 6 % 17 %
Return at Minus Ten [Percent]											(26.00%)
Return at Minus Five [Percent]											(15.00%)
Return at Zero [Percent]											(4.00%)
Return at Plus Five [Percent]											6%
Return at Plus Ten [Percent]											17%
Share Price [Table Text Block]											Price Range of Common Stock Our common stock began trading on April 5, 2012 and is currently traded on The Nasdaq Global Select Market under the symbol “TCPC.” The following table lists the high and low closing sale price for our common stock, the closing sale price as a percentage of net asset value, or NAV, and quarterly distributions per share in each fiscal quarter for the years ended December 31, 2022 and 2021. Our common stock historically has traded at prices both above and below its net asset value. There can be no assurance, however, that such premium or discount ranges, as applicable, to net asset value will be maintained. Premium/ Premium/ Stock Price of High Sales Price of Low Sales Price NAV (1) High (2) Low (2) to NAV (3) to NAV (3) Declared Distributions Fiscal Year ended December 31, 2022 First Quarter $ 14.27 $ 14.30 $ 13.10 0.2 % ( 8.2 )% $ 0.30 Second Quarter $ 13.97 $ 14.36 $ 11.87 2.8 % ( 15.0 )% $ 0.30 Third Quarter $ 14.12 $ 14.28 $ 10.92 1.1 % ( 22.7 )% $ 0.30 Fourth Quarter $ 12.93 $ 13.54 $ 10.84 4.7 % ( 16.2 )% $ 0.37 Fiscal Year ended December 31, 2021 First Quarter $ 13.56 $ 14.89 $ 11.13 9.8 % ( 17.9 )% $ 0.30 Second Quarter $ 14.21 $ 14.97 $ 13.74 5.3 % ( 3.3 )% $ 0.30 Third Quarter $ 14.09 $ 14.39 $ 13.36 2.1 % ( 5.2 )% $ 0.30 Fourth Quarter $ 14.36 $ 14.36 $ 13.18 0.0 % ( 8.2 )% $ 0.30 (1) NAV per share is determined as of the last day in the relevant quarter and therefore may not reflect the NAV per share on the date of the high and low sales prices. The NAVs shown are based on outstanding shares at the end of each period. (2) The High/Low Stock Price is calculated as of the closing price on a given day in the applicable quarter. (3) Calculated as the respective High/Low Stock Price minus the quarter end NAV, divided by the quarter end NAV.
Lowest Price or Bid	[9]		$ 10.84	$ 10.92	$ 11.87	$ 13.10	$ 13.18	$ 13.36	$ 13.74	$ 11.13
Highest Price or Bid	[9]		$ 13.54	$ 14.28	$ 14.36	$ 14.30	$ 14.36	$ 14.39	$ 14.97	$ 14.89
Highest Price or Bid, Premium (Discount) to NAV [Percent]	[10]		4.70%	1.10%	2.80%	0.20%	0%	2.10%	5.30%	9.80%
Lowest Price or Bid, Premium (Discount) to NAV [Percent]	[10]		(16.20%)	(22.70%)	(15.00%)	(8.20%)	(8.20%)	(5.20%)	(3.30%)	(17.90%)
Latest NAV	[11]		$ 12.93	$ 14.12	$ 13.97	$ 14.27	$ 14.36	$ 14.09	$ 14.21	$ 13.56
No Trading History [Text Block]											We cannot predict whether shares of our common stock will trade above, at or below our net asset value. If we were to sell our common stock at prices below net asset value for a sustained period of time, such sales may result in an increased risk of our common stock trading at a discount to its net asset value.
Capital Stock, Long-Term Debt, and Other Securities [Abstract]
Outstanding Securities [Table Text Block]											As of February 27, 2023, we had approximately 34,000 beneficial owners whose shares are held in the names of the brokers, dealers and clearing agencies, and we had 15 stockholders of record. On February 27, 2023, the last reported sales price of our common stock was $12.85 per share. The table below sets forth each class of our outstanding securities as of February 28, 2023. Title of Class Amount Amount Held by Registrant Amount Common Stock 200,000,000 - 57,767,264
Outstanding Security, Title [Text Block]											The table below sets forth each class of our outstanding securities as of February 28, 2023. Title of Class Amount Amount Held by Registrant Amount Common Stock 200,000,000 - 57,767,264
Outstanding Security, Authorized [Shares]		200,000,000
Outstanding Security, Held [Shares]		0
Outstanding Security, Not Held [Shares]		57,767,264
Risks Related to Business
General Description of Registrant [Abstract]
Risk [Text Block]											Risks Related to Our Business Market disruptions and other geopolitical or macroeconomic events could create market volatility that negatively impacts our business, financial condition and earnings. General economic and market conditions, such as interest rates, availability of credit, inflation rates, economic uncertainty, supply chain disruptions, labor shortages, energy and other resource shortages, changes in laws, trade barriers, currency exchange controls and national and international political circumstances, may have long-term negative effects on the U.S. and worldwide financial markets and economy. These conditions have resulted in, and in many cases continue to result in, greater price volatility, less liquidity, widening credit spreads and a lack of price transparency, with many securities remaining illiquid and of uncertain value. Such market conditions may adversely affect the Company, including by making valuation of some of the Company’s securities uncertain and/or result in sudden and significant valuation increases or declines in the Company’s holdings. If there is a significant decline in the value of the Company’s portfolio, this may impact the asset coverage levels for the Company’s outstanding leverage. Risks resulting from any future debt or other economic crisis could also have a detrimental impact on the global economy, the financial condition of financial institutions and our business, financial condition and results of operation. Market and economic disruptions have affected, and may in the future affect, consumer confidence levels and spending, personal bankruptcy rates, levels of incurrence and default on consumer debt and home prices, among other factors. To the extent uncertainty regarding the U.S. or global economy negatively impacts consumer confidence and consumer credit factors, our business, financial condition and results of operations could be significantly and adversely affected. Downgrades to the credit ratings of major banks could result in increased borrowing costs for such banks and negatively affect the broader economy. Moreover, Federal Reserve policy, including with respect to certain interest rates, may also adversely affect the value, volatility and liquidity of dividend- and interest-paying securities. Market volatility, rising interest rates and/or a return to unfavorable economic conditions could impair the Company’s ability to achieve its investment objective. The occurrence of events similar to those in recent years, such as localized wars, instability, new and ongoing pandemics (such as COVID-19), epidemics or outbreaks of infectious diseases in certain parts of the world, and catastrophic events such as fires, floods, earthquakes, tornadoes, hurricanes and global health epidemics, terrorist attacks in the U.S. and around the world, social and political discord, debt crises sovereign debt downgrades, increasingly strained relations between the U.S. and a number of foreign countries, new and continued political unrest in various countries, the exit or potential exit of one or more countries from the EU or the EMU, continued changes in the balance of political power among and within the branches of the U.S. government, government shutdowns, among others, may result in market volatility, may have long term effects on the U.S. and worldwide financial markets, and may cause further economic uncertainties in the U.S. and worldwide. In particular, the consequences of the Russian military invasion of Ukraine, the impact on inflation and increased disruption to supply chains and energy resources may impact our portfolio companies, result in an economic downturn or recession either globally or locally in the U.S. or other economies, reduce business activity, spawn additional conflicts (whether in the form of traditional military action, reignited "cold" wars or in the form of virtual warfare such as cyberattacks) with similar and perhaps wider ranging impacts and consequences and have an adverse impact on the Company's returns and net asset value. In response to the conflict between Russia and Ukraine, the U.S. and other countries have imposed sanctions or other restrictive actions against Russia, Russian-backed separatist regions in Ukraine, and certain banks, companies, government officials and other individuals in Russia and Belarus. Any of the above factors, including sanctions, export controls, tariffs, trade wars and other governmental actions, could have a material adverse effect on our business, financial condition, cash flows and results of operations and could cause the market value of our common shares and/or debt securities to decline. We have no way to predict the duration or outcome of the situation, as the conflict and government reactions are rapidly developing and beyond our control. Prolonged unrest, military activities, or broad-based sanctions could have a material adverse effect on our portfolio companies. Such consequences also may increase our funding cost or limit our access to the capital markets. The current political climate has intensified concerns about a potential trade war between China and the U.S., as each country has imposed tariffs on the other country’s products. These actions may trigger a significant reduction in international trade, the oversupply of certain manufactured goods, substantial price reductions of goods and possible failure of individual companies and/or large segments of China’s export industry, which could have a negative impact on our performance. U.S. companies that source material and goods from China and those that make large amounts of sales in China would be particularly vulnerable to an escalation of trade tensions. Uncertainty regarding the outcome of the trade tensions and the potential for a trade war could cause the U.S. dollar to decline against safe haven currencies, such as the Japanese yen and the euro. Events such as these and their consequences are difficult to predict and it is unclear whether further tariffs may be imposed or other escalating actions may be taken in the future. Any of these effects could have a material adverse effect on our business, financial condition and results of operations. The effects described above on our portfolio companies could impact their ability to make payments on their loans on a timely basis and may impact their ability to continue making their loan payments on a timely basis or meeting their loan covenants. The inability of portfolio companies to make timely payments or meet loan covenants may in the future require us to undertake amendment actions with respect to our investments or to restructure our investments, which may include the need for us to make additional investments in our portfolio companies (including debt or equity investments) beyond any existing commitments, exchange debt for equity, or change the payment terms of our investments to permit a portfolio company to pay a portion of its interest through payment-in-kind, which would defer the cash collection of such interest and add it to the principal balance, which would generally be due upon repayment of the outstanding principal. Economic recessions or downturns could impair our portfolio companies and harm our operating results. Many of our portfolio companies may be susceptible to economic slowdowns or recessions and may be unable to repay our loans during these periods. Therefore, our non-performing assets may increase and the value of our portfolio may decrease during these periods as we are required to record the values of our investments. Adverse economic conditions also may decrease the value of collateral securing some of our loans and the value of our equity investments. Economic slowdowns or recessions could lead to financial losses in our portfolio and a decrease in revenues, net income and assets. Unfavorable economic conditions also could increase our funding costs, limit our access to the capital markets or result in a decision by lenders not to extend credit to us. These events could prevent us from increasing investments and harm our operating results. A portfolio company’s failure to satisfy financial or operating covenants imposed by us or other lenders could lead to defaults and, potentially, termination of its loans and foreclosure on its secured assets, which could trigger cross-defaults under other agreements and jeopardize our portfolio company’s ability to meet its obligations under the debt securities that we hold. We may incur expenses to the extent necessary to seek recovery upon default or to negotiate new terms with a defaulting portfolio company. In addition, if one of our portfolio companies were to go bankrupt, even though we or one of our affiliates may have structured our interest in such portfolio company as senior debt, depending on the facts and circumstances, including the extent to which we actually provided managerial assistance to that portfolio company, a bankruptcy court might re-characterize our debt holding as equity and subordinate all or a portion of our claim to claims of other creditors. Recently, central banks such as the Federal Reserve Bank have been increasing interest rates in an effort to slow the rate of inflation. There is a risk that increased interest rates may cause the economy to enter a recession. Any such recession would negatively impact the businesses in which we invest and our business. These impacts may include: • severe declines in the market price of our securities or net asset value; • inability of the Company to accurately or reliably value its portfolio; • inability of the Company to comply with certain asset coverage ratios that would prevent the Company from paying dividends to our stockholders and that could result breaches of covenants or events of default under our credit agreement or debt indentures; • inability of the Company to pay any dividends and distributions or service its debt; • inability of the Company to maintain its status as a RIC under the Code; • declines in the value of our investments; • increased risk of default or bankruptcy by the companies in which we invest; • increased risk of companies in which we invest being unable to weather an extended cessation of normal economic activity and thereby impairing their ability to continue functioning as a going concern; • limited availability of new investment opportunities; • inability for us to replace our existing leverage when it becomes due or replace it on terms as favorable as our existing leverage; and • general threats to the Company’s ability to continue investment operations and to operate successfully as a BDC. We are subject to risks related to inflation. Inflation risk is the risk that the value of assets or income from investments will be worth less in the future as inflation decreases the value of money. Recently, inflation has increased to its highest level in decades, and the Federal Reserve has been raising the federal funds rate in response. Inflation rates may change frequently and significantly as a result of various factors, including unexpected shifts in the domestic or global economy and changes in economic policies, and the Company’s investments may not keep pace with inflation, which may result in losses to shareholders. As inflation increases, the real value of our shares and dividends therefore may decline. In addition, during any periods of rising inflation, interest rates of any debt securities issued by the Company would likely increase, which would tend to further reduce returns to shareholders. Inflation rates may change frequently and significantly as a result of various factors, including unexpected shifts in the domestic or global economy and changes in economic policies, and our investments may not keep pace with inflation, which may result in losses to our shareholders. This risk is greater for fixed-income instruments with longer maturities. Capital markets may experience periods of disruption and instability. Such market conditions may materially and adversely affect debt and equity capital markets in the U.S. and abroad, which may have a negative impact on our business and operations. From time to time, capital markets may experience periods of disruption and instability, which may be evidenced by a lack of liquidity in debt capital markets, write-offs in the financial services sector, re-pricing of credit risk and failure of certain major financial institutions. While the extreme volatility and disruption that U.S. and global markets experienced for an extended period of time beginning in 2007 and 2008 had, until the recent coronavirus (COVID-19) outbreak, generally subsided, uncertainty and periods of volatility still remain, and risks to a robust resumption of growth persist. Equity capital may be difficult to raise because, subject to some limited exceptions, as a BDC, we are generally not able to issue additional shares of common stock at a price less than net asset value without first obtaining approval for such issuance from our stockholders and our independent directors. We generally seek approval from our stockholders so that we have the flexibility to issue up to 25% of our then outstanding shares of our common stock immediately prior to any such sale at a price below net asset value. Pursuant to approval granted at our annual meeting of stockholders held on May 24, 2022, we currently are permitted to sell or otherwise issue shares of our common stock at a price below net asset value, subject to certain limitations and determinations that must be made by our board of directors. Such stockholder approval expires on May 24, 2023. In addition, our ability to incur indebtedness (including by issuing preferred stock) is limited by applicable regulations such that our asset coverage ratio, as calculated in accordance with the 1940 Act, must equal at least 150% immediately after each time we incur indebtedness. The debt capital that will be available to us in the future, if at all, may be at a higher cost and on less favorable terms and conditions than our current leverage. Any inability to raise capital could have a negative effect on our business, financial condition and results of operations. Market conditions may in the future make it difficult to extend the maturity of or refinance our existing indebtedness and any failure to do so could have a material adverse effect on our business. The debt capital that will be available to us in the future, if at all, may be at a higher cost and on less favorable terms and conditions than what we currently experience. Further, if we are unable to raise or refinance debt, then our equity investors may not benefit from the potential for increased returns on equity resulting from leverage and we may be limited in our ability to make new commitments or to fund existing commitments to our portfolio companies. The illiquidity of our investments may make it difficult for us to sell such investments if required. As a result, we may realize significantly less than the value at which we have recorded our investments. While most of our investments are not publicly traded, applicable accounting standards require us to assume as part of our valuation process that our investments are sold in a principal market to market participants (even if we plan on holding an investment through its maturity) In addition, significant changes in the capital markets, including disruption and volatility, have had, and may in the future have, a negative effect on the valuations of our investments and on the potential for liquidity events involving our investments. An inability to raise capital, and any required sale of our investments for liquidity purposes, could have a material adverse impact on our business, financial condition and results of operations. Price declines and illiquidity in the corporate debt markets have adversely affected, and may in the future adversely affect, the fair value of our portfolio investments, reducing our net asset value through increased net unrealized depreciation. Pursuant to Rule 2a-5 (the “Rule”) under the 1940 Act, the Board of Directors designated the Advisor as the Company’s valuation designee (the “Valuation Designee”) to perform certain fair value functions, including performing fair value determinations (see Note 2 to the Company’s consolidated financial statements for further information). As a BDC, we are required to carry our investments at market value or, if no market value is ascertainable, at fair value as determined in good faith by the Valuation Designee. Decreases in the market values or fair values of our investments are recorded as unrealized depreciation, which reduces our net asset value. Depending on market conditions, we could incur substantial realized losses and may suffer additional unrealized losses in future periods, which could have a material adverse impact on our business, financial condition and results of operations. Changes in legal, tax and regulatory regimes could negatively impact our business, financial condition and earnings. Changes enacted by the current presidential administration could significantly impact the regulation of financial markets in U.S. Areas subject to potential change, amendment or repeal include trade and foreign policy, corporate tax rates, energy and infrastructure policies, the environment and sustainability, criminal and social justice initiatives, immigration, healthcare and the oversight of certain federal financial regulatory agencies and the Federal Reserve. Certain of these changes can, and have, been effectuated through executive order. For example, the current administration has taken steps to rejoin the Paris climate accord of 2015 and incentivize certain clean energy technologies, cancel the Keystone XL pipeline, provide military support to Ukraine and change immigration enforcement priorities. Other potential changes that could be pursued by the current presidential administration could include an increase in the corporate income tax rate; changes to regulatory enforcement priorities; and spending on clean energy and infrastructure. It is not possible to predict which, if any, of these actions will be taken or, if taken, their effect on the economy, securities markets or the financial stability of the U.S. The Company may be affected by governmental action in ways that are not foreseeable, and there is a possibility that such actions could have a significant adverse effect on the Company and its ability to achieve its investment objective. Additional risks arising from the differences in expressed policy preferences among the various constituencies in the branches of the U.S. government has led in the past, and may lead in the future, to short-term or prolonged policy impasses, which could, and has, resulted in shutdowns of the U.S. federal government. U.S. federal government shutdowns, especially prolonged shutdowns, could have a significant adverse impact on the economy in general and could impair the ability of issuers to raise capital in the securities markets. Any of these effects could have a material adverse effect on our business, financial condition and results of operations. In addition, the rules dealing with the U.S. federal income taxation are constantly under review by persons involved in the legislative process and by the IRS and the U.S. Treasury Department. The Tax Cuts and Jobs Act made substantial changes to the Code. Among those changes were a significant permanent reduction in the generally applicable corporate tax rate, changes in the taxation of individuals and other non-corporate taxpayers that generally but not universally reduce their taxes on a temporary basis subject to “sunset” provisions, the elimination or modification of various previously allowed deductions (including substantial limitations on the deductibility of interest and, in the case of individuals, the deduction for personal state and local taxes), certain additional limitations on the deduction of net operating losses, certain preferential rates of taxation on certain dividends and certain business income derived by non-corporate taxpayers in comparison to other ordinary income recognized by such taxpayers, and significant changes to the international tax rules. In addition, the Biden administration has indicated that it intends to modify key aspects of the Code, including by increasing corporate and individual tax rates. The effect of these and other changes is uncertain, both in terms of the direct effect on the taxation of an investment in the Company’s shares and their indirect effect on the value of the Company’s assets, the Company’s shares or market conditions generally. Changes to U.S. tariff and import/export regulations may have a negative effect on our portfolio companies and, in turn, harm us. There has been ongoing discussion and commentary regarding potential significant changes to U.S. trade policies, treaties and tariffs. There remains uncertainty about the future relationship between the U.S. and other countries with respect to the trade policies, treaties and tariffs. These developments, or the perception that any of them could occur, may have a material adverse effect on global economic conditions and the stability of global financial markets, and may significantly reduce global trade and, in particular, trade between the impacted nations and the U.S. Any of these factors could depress economic activity and restrict our portfolio companies’ access to suppliers or customers and have a material adverse effect on their business, financial condition and results of operations, which in turn would negatively impact us. Uncertainty regarding the impact of the United Kingdom's departure from the European Union could negatively impact our business, financial condition and earnings. On January 31, 2020, the United Kingdom officially withdrew from the EU, commonly referred to as “Brexit”. Following a transition period, the United Kingdom and the EU signed a Trade and Cooperation Agreement (“UK/EU Trade Agreement”), which came into full force on May 1, 2021 and set out the foundation of the economic and legal framework for trade between the United Kingdom and the EU. As the UK/EU Trade Agreement is a new legal framework, the implementation of the UK/EU Trade Agreement may result in uncertainty in its application and periods of volatility in both the United Kingdom and wider European markets. The United Kingdom’s exit from the EU is expected to result in additional trade costs and disruptions in this trading relationship. Furthermore, there is the possibility that either party may impose tariffs on trade in the future in the event that regulatory standards between the EU and the UK diverge. The terms of the future relationship may cause continued uncertainty in the global financial markets, and adversely affect our ability, and the ability of our portfolio companies, to execute our respective strategies and to receive attractive returns. Rising interest rates or changes in interest rates may adversely affect the value of our portfolio investments which could have an adverse effect on our business, financial condition and results of operations. Our debt investments are generally based on floating rates, such as London Interbank Offer Rate (“LIBOR”), EURIBOR, Secured Overnight Financing Rate (“SOFR”), the Federal Funds Rate or the Prime Rate. General interest rate fluctuations may have a substantial negative impact on our investments, the value of our common stock and our rate of return on invested capital. An increase in interest rates generally will increase the cost of borrowing for the companies in which we invest and may make them less profitable, which generally would decrease the value of our investments in them. In addition, although we generally expect to invest a limited percentage of our assets in instruments with a fixed interest rate, including subordinated loans, senior and junior secured and unsecured debt securities and loans in high yield bonds, an increase in interest rates could decrease the value of those fixed rate investments. Rising interest rates may also increase the cost of debt for our underlying portfolio companies, which could adversely impact their financial performance and ability to meet ongoing obligations to the Company. Also, an increase in interest rates available to investors could make investment in our common stock less attractive if we are not able to increase our dividend rate, which could reduce the value of our common stock. Because we have borrowed money, and may issue preferred stock to finance investments, our net investment income depends, in part, upon the difference between the rate at which we borrow funds or pay dividends on preferred stock and the rate that our investments yield. As a result, we can offer no assurance that a significant change in market interest rates will not have a material adverse effect on our net investment income. In this period of rising interest rates, our cost of funds may increase except to the extent we have issued fixed rate debt or preferred stock, which could reduce our net investment income. You should also be aware that a change in the general level of interest rates can be expected to lead to a change in the interest rate we receive on many of our debt investments. Accordingly, a change in the interest rate could make it easier for us to meet or exceed the performance threshold and may result in a substantial increase in the amount of Incentive Fees payable to our Advisor with respect to the portion of the Incentive Fee based on income. Interest rates have risen in recent months, and the risk that they may continue to do so is pronounced. Changes relating to the London Interbank Offer Rate (“LIBOR”) calculation process, the phase-out of LIBOR and the use of replacement rates for LIBOR may adversely affect the value of our portfolio securities. In July 2017, the head of the United Kingdom Financial Conduct Authority announced the desire to phase out the use of LIBOR by the end of 2021. The announcement indicates that the continuation of LIBOR on the current basis cannot and will not be guaranteed after 2021. Since December 31, 2021, all sterling, euro, Swiss franc and Japanese yen LIBOR settings and the 1-week and 2-month U.S. dollar LIBOR settings have ceased to be published or are no longer representative, and after June 30, 2023, the overnight, 1-month, 3-month, 6-month and 12-month U.S. dollar LIBOR settings will cease to be published or will no longer be representative. Various financial industry groups have begun planning for the transition away from LIBOR, but there are challenges to converting certain securities and transactions to a new reference rate (e.g., the Secured Overnight Financing Rate (“SOFR”), which is intended to replace the U.S. dollar LIBOR). Neither the effect of the LIBOR transition process nor its ultimate success can yet be known. As an alternative to LIBOR, the Financial Reporting Council, in conjunction with the Alternative Reference Rates Committee, a steering committee comprised of large U.S. financial institutions recommended replacing U.S. dollar LIBOR with the Secured Overnight Financing Rate (“SOFR”), a new index calculated by reference to short-term repurchase agreements, backed by Treasury securities. Abandonment of, or modifications to, LIBOR could have adverse impacts on newly issued financial instruments and any of our existing financial instruments which reference LIBOR. Given the inherent differences between LIBOR and SOFR, or any other alternative benchmark rate that may be established, there are many uncertainties regarding a transition from LIBOR, including, but not limited to, the need to amend all contracts with LIBOR as the referenced rate and how this will impact the cost of variable rate debt and certain derivative financial instruments. In addition, SOFR or other replacement rates may fail to gain market acceptance. Any failure of SOFR or alternative reference rates to gain market acceptance could adversely affect the return on, value of and market for securities linked to such rates. Neither the effect of the LIBOR transition process nor its ultimate success can yet be known. The transition process might lead to increased volatility and illiquidity in markets for, and reduce the effectiveness of, new hedges placed against, instruments whose terms currently include LIBOR. While some existing LIBOR-based instruments may contemplate a scenario where LIBOR is no longer available by providing for an alternative rate-setting methodology, there may be significant uncertainty regarding the effectiveness of any such alternative methodologies to replicate LIBOR. Not all existing LIBOR-based instruments may have alternative rate-setting provisions and there remains uncertainty regarding the willingness and ability of issuers to add alternative rate-setting provisions in certain existing instruments. Moreover, these alternative rate-setting provisions may not be designed for regular use in an environment where LIBOR ceases to be published and may be an ineffective fallback following the discontinuation of LIBOR. On March 15, 2022, President Biden signed into law the Consolidated Appropriations Act of 2022, which among other things, provides for the use of interest rates based on SOFR in certain contracts currently based on LIBOR and a safe harbor from liability for utilizing SOFR-based interest rates as a replacement for LIBOR. The elimination of LIBOR could have an adverse impact on the market value of and/or transferability of any LIBOR-linked securities, loans, and other financial obligations or extensions of credit held by or due to us or on our overall financial condition or results of operations. We may not replicate the historical performance of other investment companies and funds with which our investment professionals have been affiliated. The 1940 Act imposes numerous constraints on the investment activities of BDCs. For example, BDCs are required to invest at least 70% of their total assets primarily in securities of U.S. private companies or thinly traded public companies (public companies with a market capitalization of less than $250 million), cash, cash equivalents, U.S. government securities and high-quality debt investments that mature in one year or less. These constraints may hinder our Advisor’s ability to take advantage of attractive investment opportunities and to achieve our investment objectives. In addition, the investment philosophy and techniques used by our Advisor may differ from those used by other investment companies and funds advised by our Advisor. Accordingly, we can offer no assurance that we will replicate the historical performance of other investment companies and funds with which our investment professionals have been affiliated, and we caution that our investment returns could be substantially lower than the returns achieved by such other companies. We are not managed by BlackRock, but rather one of its subsidiaries and may not replicate the success of that entity or BlackRock. Our investment strategies differ from those of BlackRock or its affiliates. As a BDC, we are subject to certain investment restrictions that do not apply to BlackRock. Our performance may be lower or higher than the performance of other entities managed by BlackRock or its affiliates and their past performance is no guarantee of our future results. Our business model depends upon the development and maintenance of strong referral relationships with other asset managers and investment banking firms. We are substantially dependent on our informal relationships, which we use to help identify and gain access to investment opportunities. If we fail to maintain our relationships with key firms, or if we fail to establish strong referral relationships with other firms or other sources of investment opportunities, we will not be able to grow our portfolio of equity investments and achieve our investment objective. In addition, persons with whom we have informal relationships are not obligated to inform us of investment opportunities, and therefore such relationships may not lead to the origination of equity or other investments. Any loss or diminishment of such relationships could effectively reduce our ability to identify attractive portfolio companies that meet our investment criteria, either for direct equity investments or for investments through private secondary market transactions or other secondary transactions. The Advisor’s liability is limited under the investment management agreem
Risks Related To Investments
General Description of Registrant [Abstract]
Risk [Text Block]											Risks related to our investments Our investments are risky and highly speculative, and we could lose all or part of our investment. We invest primarily in middle-market companies primarily through leveraged loans. Risks Associated with middle-market companies . Investing in private middle-market companies involves a number of significant risks, including: • these companies may have limited financial resources and may be unable to meet their obligations under their debt securities that we hold, which may be accompanied by a deterioration in the value of any collateral; • they typically have shorter operating histories, narrower product lines and smaller market shares than larger businesses, which tend to render them more vulnerable to competitors’ actions and market conditions, as well as general economic downturns; • they are more likely to depend on the management talents and efforts of a small group of persons; therefore, the death, disability, resignation or termination of one or more of these persons could have a material adverse impact on the portfolio company and, in turn, on us; • they generally have less predictable operating results, may from time to time be parties to litigation, may be engaged in rapidly changing businesses with products subject to a substantial risk of obsolescence, and may require substantial additional capital to support their operations, finance expansion or maintain their competitive position; • our executive officers, directors and the Advisor may, in the ordinary course of business, be named as defendants in litigation arising from our investments in the portfolio companies; • changes in laws and regulations, as well as their interpretations, may adversely affect their respective businesses, financial structures or prospects; and • they may have difficulty accessing the capital markets to meet future capital needs. Limited public information exists about private middle-market companies, and we expect to rely on the Advisor’s investment professionals to obtain adequate information to evaluate the potential returns from investing in these companies. These companies and their financial information are not subject to the Sarbanes-Oxley Act of 2002 and other rules that govern disclosures and financial controls of public companies. If we are unable to uncover all material information about these companies, we may not make a fully informed investment decision, and we may lose money on our investment. Lower Credit Quality Obligations . Most of our debt investments are likely to be in lower grade obligations. The lower grade investments in which we invest may be rated below investment grade by one or more nationally-recognized statistical rating agencies at the time of investment or may be unrated but determined by the Advisor to be of comparable quality. Debt securities rated below investment grade are commonly referred to as “junk bonds” and are considered speculative with respect to the issuer’s capacity to pay interest and repay principal. The debt that we invest in typically is not rated prior to our investment by any rating agency, but we believe that if such investments were rated, they would be below investment grade (rated lower than “Baa3” by Moody’s Investors Service, lower than “BBB-” by Fitch Ratings or lower than “BBB-” by Standard & Poor’s). We may invest without limit in debt of any rating, as well as debt that has not been rated by any nationally recognized statistical rating organization. Investment in lower grade investments involves a substantial risk of loss. Lower grade securities or comparable unrated securities are considered predominantly speculative with respect to the issuer’s ability to pay interest and principal and are susceptible to default or decline in market value due to adverse economic and business developments. The market values for lower grade debt tend to be very volatile and are less liquid than investment grade securities. For these reasons, your investment in our company is subject to the following specific risks: • increased price sensitivity to a deteriorating economic environment; • greater risk of loss due to default or declining credit quality; • adverse company specific events are more likely to render the issuer unable to make interest and/or principal payments; and • if a negative perception of the lower grade debt market develops, the price and liquidity of lower grade securities may be depressed. This negative perception could last for a significant period of time. Adverse changes in economic conditions are more likely to lead to a weakened capacity of a lower grade issuer to make principal payments and interest payments than an investment grade issuer. The principal amount of lower grade securities outstanding has proliferated in the past decade as an increasing number of issuers have used lower grade securities for corporate financing. An economic downturn could severely affect the ability of highly leveraged issuers to service their debt obligations or to repay their obligations upon maturity. Similarly, downturns in profitability in specific industries could adversely affect the ability of lower grade issuers in that industry to meet their obligations. The market values of lower grade debt tend to reflect individual developments of the issuer to a greater extent than do higher quality investments, which react primarily to fluctuations in the general level of interest rates. Factors having an adverse impact on the market value of lower grade debt may have an adverse effect on our net asset value and the market value of our common stock. In addition, we may incur additional expenses to the extent we are required to seek recovery upon a default in payment of principal of or interest on our portfolio holdings. In certain circumstances, we may be required to foreclose on an issuer’s assets and take possession of its property or operations. In such circumstances, we would incur additional costs in disposing of such assets and potential liabilities from operating any business acquired. The secondary market for lower grade debt is unlikely to be as liquid as the secondary market for more highly rated debt, a factor which may have an adverse effect on our ability to dispose of a particular instrument. There are fewer dealers in the market for lower grade securities than investment grade obligations. The prices quoted by different dealers may vary significantly and the spread between the bid and asked price is generally larger than for higher quality instruments. Under adverse market or economic conditions, the secondary market for lower grade debt could contract further, independent of any specific adverse changes in the condition of a particular issuer, and these instruments may become highly illiquid. As a result, we could find it more difficult to sell these instruments or may be able to sell the securities only at prices lower than if such instruments were widely traded. Prices realized upon the sale of such lower rated or unrated securities, under these circumstances, may be less than the prices used in calculating our net asset value. Since investors generally perceive that there are greater risks associated with lower grade debt of the type in which we may invest a portion of our assets, the yields and prices of such debt may tend to fluctuate more than those for higher rated instruments. In the lower quality segments of the fixed income markets, changes in perceptions of issuers’ creditworthiness tend to occur more frequently and in a more pronounced manner than do changes in higher quality segments of the income securities market, resulting in greater yield and price volatility. Distressed Debt Securities Risk . At times, distressed debt obligations may not produce income and may require us to bear certain extraordinary expenses (including legal, accounting, valuation and transaction expenses) in order to protect and recover our investment. Therefore, our ability to achieve current income for our stockholders may be diminished. We also will be subject to significant uncertainty as to when and in what manner and for what value the distressed debt we invest in will eventually be satisfied (e.g., through a liquidation of the obligor’s assets, an exchange offer or plan of reorganization involving the distressed debt securities or a payment of some amount in satisfaction of the obligation). In addition, even if an exchange offer is made or plan of reorganization is adopted with respect to distressed debt we hold, there can be no assurance that the securities or other assets received by us in connection with such exchange offer or plan of reorganization will not have a lower value or income potential than may have been anticipated when the investment was made. Moreover, any securities received by us upon completion of an exchange offer or plan of reorganization may be restricted as to resale. As a result of our participation in negotiations with respect to any exchange offer or plan of reorganization with respect to an issuer of distressed debt, we may be restricted from disposing of such securities. Payment-in-kind Interest Risk . Our loans may contain a payment-in-kind, or PIK, interest provision. PIK investments carry additional risk as holders of these types of securities receive no cash until the cash payment date unless a portion of such securities is sold. If the issuer defaults the Company may obtain no return on its investment. The PIK interest, computed at the contractual rate specified in each loan agreement, is added to the principal balance of the loan and recorded as interest income. To avoid the imposition of corporate-level tax on us, this non-cash source of income needs to be paid out to stockholders in cash distributions or, in the event that we determine to do so and in certain cases, in shares of our common stock, even though we have not yet collected and may never collect the cash relating to the PIK interest. As a result, we may have to distribute a taxable stock dividend to account for PIK interest even though we have not yet collected the cash. Preferred Stock Risk . To the extent we invest in preferred securities, there are special risks, including: Deferral . Preferred securities may include provisions that permit the issuer, at its discretion, to defer distributions for a stated period without any adverse consequences to the issuer. If we own a preferred security that is deferring its distributions, we may be required to report income for tax purposes although we have not yet received such income. Subordination . Preferred securities are subordinated to bonds and other debt instruments in a company’s capital structure in terms of priority to corporate income and liquidation payments, and therefore will be subject to greater credit risk than more senior debt instruments. Liquidity . Preferred securities may be substantially less liquid than many other securities, such as common stocks or U.S. Government securities. Limited Voting Rights. Generally, preferred security holders have no voting rights with respect to the issuing company unless preferred dividends have been in arrears for a specified number of periods, at which time the preferred security holders may elect a number of directors to the issuer’s board. Generally, once all the arrearages have been paid, the preferred security holders no longer have voting rights. Equity Security Risk . We may have exposure to equity securities. Although equity securities have historically generated higher average total returns than fixed-income securities over the long term, equity securities also have experienced significantly more volatility in those returns. The equity securities that we acquire may fail to appreciate and may decline in value or become worthless. A trading market or market value of our debt securities may fluctuate. In the event we issue debt securities, they may or may not have an established trading market. We cannot assure you that a trading market for debt securities will ever develop or be maintained if developed. In addition to our creditworthiness, many factors may materially adversely affect the trading market for, and market value of, debt securities we may issue. These factors include, but are not limited to, the following: • the time remaining to the maturity of these debt securities; • the outstanding principal amount of debt securities with terms identical to these debt securities; • the ratings assigned by national statistical ratings agencies; • the general economic environment; • the supply of debt securities trading in the secondary market, if any; • the redemption or repayment features, if any, of these debt securities; • the level, direction and volatility of market interest rates generally; and • market rates of interest higher or lower than rates borne by the debt securities. You should also be aware that there may be a limited number of buyers if and when you decide to sell your debt securities. This too may materially adversely affect the market value of the debt securities or the trading market for the debt securities. We may expose ourselves to risks if we engage in hedging transactions. We may enter into hedging transactions, which could expose us to risks associated with such transactions. We may utilize instruments such as forward contracts and interest rate swaps, caps, collars and floors to seek to hedge against fluctuations in the relative values of our portfolio positions and amounts due under our debt arrangements from changes in market interest rates. Use of these hedging instruments may include counterparty credit risk. Utilizing such hedging instruments does not eliminate the possibility of fluctuations in the values of such positions and amounts due under our debt arrangements or prevent losses if the values of such positions decline. However, such hedging can establish other positions designed to gain from those same developments, thereby offsetting the decline in the value of such portfolio positions. Such hedging transactions may also limit the opportunity for gain if the values of the underlying portfolio positions should increase. Moreover, it may not be possible to hedge against an interest rate fluctuation that is so generally anticipated that we are not able to enter into a hedging transaction at an acceptable price. The Dodd-Frank Act has made broad changes to the OTC derivatives market, granted significant new authority to the CFTC and the SEC to regulate OTC derivatives (swaps and security-based swaps) and participants in these markets. The Dodd-Frank Act is intended to regulate the OTC derivatives market by requiring many derivative transactions to be cleared and traded on an exchange, expanding entity registration requirements, imposing business conduct requirements on dealers and requiring banks to move some derivatives trading units to a non-guaranteed affiliate separate from the deposit-taking bank or divest them altogether. The CFTC has implemented mandatory clearing and exchange-trading of certain OTC derivatives contracts including many standardized interest rate swaps and credit default index swaps. The CFTC continues to approve contracts for central clearing. Exchange-trading and central clearing are expected to reduce counterparty credit risk by substituting the clearinghouse as the counterparty to a swap and increase liquidity, but exchange-trading and central clearing do not make swap transactions risk-free. Uncleared swaps, such as non-deliverable foreign currency forwards, are subject to certain margin requirements that mandate the posting and collection of minimum margin amounts. This requirement may result in the portfolio and its counterparties posting higher margin amounts for uncleared swaps than would otherwise be the case. Certain rules require centralized reporting of detailed information about many types of cleared and uncleared swaps. Reporting of swap data may result in greater market transparency, but may subject a portfolio to additional administrative burdens, and the safeguards established to protect trader anonymity may not function as expected. Future CFTC or SEC rulemakings to implement the Dodd-Frank Act requirements could potentially limit or completely restrict our ability to use these instruments as a part of our investment strategy, increase the costs of using these instruments or make them less effective. Limits or restrictions applicable to the counterparties with which we engage in derivative transactions could also prevent us from using these instruments or affect the pricing or other factors relating to these instruments, or may change availability of certain investments. In addition, on October 28, 2020, the SEC adopted new regulations governing the use of derivatives by closed-end funds (“Rule 18f-4”), which the Company was required to comply with as of August 19, 2022. As a result, the Company is required to implement and comply with the Rule 18f-4 limits on the amount of derivatives the Company can enter into, eliminate the asset segregation framework previously used to comply with Section 18 of the 1940 Act, treat derivatives as senior securities so that a failure to comply with the limits would result in a statutory violation and require the Company, if the Company’s use of derivatives is more than a limited specified exposure amount (10% of net assets), to establish and maintain a comprehensive derivatives risk management program and appoint a derivatives risk manager. The success of our hedging transactions will depend on our ability to correctly predict movements and interest rates. Therefore, while we may enter into such transactions to seek to reduce interest rate risks, unanticipated changes in interest rates may result in poorer overall investment performance than if we had not engaged in any such hedging transactions. In addition, the degree of correlation between price movements of the instruments used in a hedging strategy and price movements in the portfolio positions being hedged may vary. Moreover, for a variety of reasons, we may not seek to establish a perfect correlation between such hedging instruments and the portfolio holdings or debt arrangements being hedged. Any such imperfect correlation may prevent us from achieving the intended hedge and expose us to risk of loss. We are subject to credit risk related to investments in our portfolio companies and with our financial institutions and counterparties. The Company has investments in lower rated and comparable quality unrated senior and junior secured, unsecured and subordinated debt securities and loans, which are subject to a greater degree of credit risk than more highly rated investments. The risk of loss due to default by the issuer is significantly greater for holders of such securities and loans, particularly in cases where the investment is unsecured or subordinated to other creditors of the issuer. The Company may be exposed to counterparty credit risk, or the risk that an entity with which the Company has unsettled or open transactions may fail to or be unable to perform on its commitments. The Company manages counterparty risk by entering into transactions only with counterparties that they believe have the financial resources to honor their obligations and by monitoring the financial stability of those counterparties. Financial assets, which potentially expose the Company to market, issuer and counterparty credit risks, consist principally of investments in portfolio companies. The extent of the Company’s exposure to market, issuer and counterparty credit risks with respect to these financial assets is generally approximated by their fair value recorded in the Consolidated Statements of Assets and Liabilities. The Company is also exposed to credit risk related to maintaining all of its cash at a major financial institution. Because our investments are generally not in publicly traded securities, there will be uncertainty regarding the value of our investments, which could adversely affect the determination of our net asset value. Our portfolio investments will generally not be in publicly traded securities. As a result, although we expect that some of our equity investments may trade on private secondary marketplaces, the fair value of our direct investments in portfolio companies will often not be readily determinable. Under the 1940 Act, investments for which there are no readily available market quotations, including securities that while listed on a private securities exchange have not actively traded, will be valued at fair value as determined using a consistently applied valuation process in accordance with our documented valuation policy that has been reviewed and approved by our board of directors. The Valuation Designee utilizes the services of an independent valuation firm, which prepares valuation reports on a quarterly basis for most of our portfolio investments that are not publicly traded or for which we do not have readily available market quotations, including securities that while listed on a private securities exchange, have not actively traded. However, the Valuation Designee retains ultimate authority as to the appropriate valuation of each such investment. The types of factors that the Valuation Designee takes into account in approving fair value with respect to such non-traded investments includes, as relevant and, to the extent available, the portfolio company’s earnings, the markets in which the portfolio company does business, comparison to valuations of publicly traded companies, comparisons to recent sales of comparable companies, the discounted value of the cash flows of the portfolio company and other relevant factors. This information may not be available because it is difficult to obtain financial and other information with respect to private companies, and even where we are able to obtain such information, there can be no assurance that it is complete or accurate. Because such valuations are inherently uncertain and may be based on estimates, our determinations of fair value may differ materially from the values that would be assessed if a readily available market for these securities existed. Due to this uncertainty, our fair value determinations with respect to any non-traded investments we hold may cause our net asset value on a given date to materially understate or overstate the value that we may ultimately realize on one or more of our investments. As a result, investors purchasing our securities based on an overstated net asset value may pay a higher price than the value of our investments might warrant. Conversely, investors selling securities based on a net asset value that understates the value of our investments may receive a lower price for their securities than the value of our investments might warrant. We and the Advisor may be a party to legal proceedings in connection with our investments in our portfolio companies. From time to time, we and the Advisor may be a party to certain legal proceedings incidental to the normal course of our business, including the enforcement of our rights under contracts with our portfolio companies. While we cannot predict the outcome of these legal proceedings with certainty, we do not expect that these proceedings will have a material effect on our consolidated financial statements. We may not be in a position to exercise control over our portfolio companies or to prevent decisions by management of our portfolio companies that could decrease the value of our investments. We do not generally intend to take controlling equity positions in our portfolio companies. To the extent that we do not hold a controlling equity interest in a portfolio company, we are subject to the risk that such portfolio company may make business decisions with which we disagree, and the stockholders and management of such portfolio company may take risks or otherwise act in ways that are adverse to our interests. Due to the lack of liquidity for the debt and equity investments that we typically hold in our portfolio companies, we may not be able to dispose of our investments in the event we disagree with the actions of a portfolio company, and may therefore suffer a decrease in the value of our investments. In addition, we may not be in a position to control any portfolio company by investing in its debt securities. As a result, we are subject to the risk that a portfolio company in which we invest may make business decisions with which we disagree and the management of such company, as representatives of the holders of their common equity, may take risks or otherwise act in ways that do not serve our interests as debt investors. Our portfolio companies may incur debt that ranks equally with, or senior to, our investments in such companies. The portfolio companies we invest in usually have, or may be permitted to incur, other debt that ranks equally with, or senior to, the debt securities in which we invest. By their terms, such debt instruments may provide that the holders are entitled to receive payment of interest or principal on or before the dates on which we are entitled to receive payments in respect of the debt securities in which we invest. Also, in the event of insolvency, liquidation, dissolution, reorganization or bankruptcy of a portfolio company, holders of debt instruments ranking senior to our investment in that portfolio company would typically be entitled to receive payment in full before we receive any distribution in respect of our investment. After repaying such senior creditors, such portfolio company may not have any remaining assets to use for repaying its obligation to us. In the case of debt ranking equally with debt securities in which we invest, we would have to share any distributions on an equal and ratable basis with other creditors holding such debt in the event of an insolvency, liquidation, dissolution, reorganization or bankruptcy of the relevant portfolio company. Additionally, certain loans that we make to portfolio companies may be secured on a second priority basis by the same collateral securing senior secured debt of such companies. The first priority liens on the collateral will secure the portfolio company’s obligations under any outstanding senior debt and may secure certain other future debt that may be permitted to be incurred by the portfolio company under the agreements governing the loans. The holders of obligations secured by the first priority liens on the collateral will generally control the liquidation of and be entitled to receive proceeds from any realization of the collateral to repay their obligations in full before us. In addition, the value of the collateral in the event of liquidation will depend on market and economic conditions, the availability of buyers and other factors. There can be no assurance that the proceeds, if any, from the sale or sales of all of the collateral would be sufficient to satisfy the loan obligations secured by the second priority liens after payment in full of all obligations secured by the first priority liens on the collateral. If such proceeds are not sufficient to repay amounts outstanding under the loan obligations secured by the second priority liens, then we, to the extent not repaid from the proceeds of the sale of the collateral, will only have an unsecured claim against the portfolio company’s remaining assets, if any. The rights we may have with respect to the collateral securing the loans we make to our portfolio companies with senior debt outstanding may also be limited pursuant to the terms of one or more intercreditor agreements, including agreements governing “first out” and “last out” structures, that we enter into with the holders of senior debt. Under such an intercreditor agreement, at any time that obligations that have the benefit of the first priority liens are outstanding, any of the following actions that may be taken in respect of the collateral will be in good faith under the direction of the holders of the obligations secured by the first priority liens: the ability to cause the commencement of enforcement proceedings against the collateral; the ability to control the conduct of such proceedings; the approval of amendments to collateral documents; releases of liens on the collateral; and waivers of past defaults under collateral documents. We may not have the ability to control or direct such actions, even if our rights are adversely affected. When we are a debt or minority equity investor in a portfolio company, we are often not in a position to exert influence on the entity, and other equity holders and management of the company may make decisions that could decrease the value of our portfolio holdings. When we make debt or minority equity investments, we are subject to the risk that a portfolio company may make business decisions with which we disagree and the other equity holders and management of such company may take risks or otherwise act in ways that do not serve our interests. As a result, a portfolio company may make decisions that could decrease the value of our investment. We may also make unsecured loans to portfolio companies, meaning that such loans will not benefit from any interest in collateral of such companies. Liens on such portfolio companies’ collateral, if any, will secure the portfolio company’s obligations under its outstanding secured debt and may secure certain future debt that is permitted to be incurred by the portfolio company under its secured loan agreements. The holders of obligations secured by such liens will generally control the liquidation of, and be entitled to receive proceeds from, any realization of such collateral to repay their obligations in full before us. In addition, the value of such collateral in the event of liquidation will depend on market and economic conditions, the availability of buyers and other factors. There can be no assurance that the proceeds, if any, from sales of such collateral would be sufficient to satisfy our unsecured loan obligations after payment in full of all secured loan obligations. If such proceeds were not sufficient to repay the outstanding secured loan obligations, then our unsecured claims would rank equally with the unpaid portion of such secured creditors’ claims against the portfolio company’s remaining assets, if any. There may be circumstances in which our debt investments could be subordinated to claims of other creditors or we could be subject to lender liability claims. If one of our portfolio companies were to go bankrupt, even though we may have structured our interest as senior debt, depending on the facts and circumstances, a bankruptcy court might recharacterize our debt holding as an equity investment and subordinate all or a portion of our claim to that of other creditors. In addition, lenders can be subject to lender liability claims for actions taken by them where they become too involved in the borrower’s business or exercise control over the borrower. For example, we could become subject to a lender’s liability claim, if, among other things, we actually render significant managerial assistance. Our portfolio companies may be highly leveraged. Some of our portfolio companies may be highly leveraged, which may have adverse consequences to these companies and to us as an investor. These companies may be subject to restrictive financial and operating covenants and the leverage may impair these companies’ ability to finance their future operations and capital needs. As a result, these companies’ flexibility to respond to changing business and economic conditions and to take advantage of business opportunities may be limited. Further, a leveraged company’s income and net assets will tend to increase or decrease at a greater rate than if borrowed money were not used. Our portfolio companies may prepay loans, which prepayment may reduce stated yields in the future if capital returned cannot be invested in transactions with equal or greater expected yields. Certain of the loans we make are prepayable at any time, some of them of them at no premium to par. We cannot predict when such loans may be prepaid. Whether a loan is prepaid will depend both on the continued positive performance of the portfolio company and the existence of favorable financing market conditions that permit such company to replace existing financing with less expensive capital. As market conditions change frequently, it is unknown when, and if, this may be possible for each portfolio company. In the case of some of these loans, having the loan prepaid early may redu
Risks Related To Operations As BDC
General Description of Registrant [Abstract]
Risk [Text Block]											Risks related to our operations as a BDC While our ability to enter into transactions with our affiliates is restricted under the 1940 Act, we have received an exemptive order from the SEC permitting certain affiliated investments subject to certain conditions. As a result, the Advisor may face conflicts of interests and investments made pursuant to the exemptive order conditions could in certain circumstances adversely affect the price paid or received by us or the availability or size of the position purchased or sold by us. Any person that owns, directly or indirectly, 5% or more of our outstanding voting securities or is managed by the Advisor will generally be our affiliate for purposes of the 1940 Act and we are generally prohibited from participating in certain transactions such as co-investing with, or buying or selling any security from or to, such affiliate, absent the prior approval of our independent directors and, in some cases, of the SEC. However, the Advisor and the funds managed by the Advisor have received an exemption from certain SEC regulations prohibiting transactions with affiliates. The exemptive order requires that certain procedures be followed prior to making an investment subject to the order and such procedures could in certain circumstances adversely affect the price paid or received by us or the availability or size of the position purchased or sold by us. The Advisor may also face conflicts of interest in making investments pursuant to the exemptive order. The 1940 Act also prohibits certain “joint” transactions with certain of our affiliates, which could include investments in the same portfolio company (whether at the same or different times), without prior approval of our independent directors and, in some cases, of the SEC. We are prohibited from buying or selling any security from or to any person who owns more than 25% of our voting securities and from or to certain of that person’s affiliates, or entering into prohibited joint transactions with such persons, absent the prior approval of the SEC (other than certain limited situations pursuant to current regulatory guidance). The analysis of whether a particular transaction constitutes a joint transaction requires a review of the relevant facts and circumstances relating to the particular transaction. Similar restrictions limit our ability to transact business with our officers or directors or their affiliates. Regulations governing our operation as a BDC may limit our ability to, and the way in which we raise additional capital, which could have a material adverse impact on our liquidity, financial condition and results of operations and may hinder the Advisor's ability to take advantage of attractive investment opportunities and to achieve our investment objective. Our business requires a substantial amount of capital. We may acquire additional capital from the issuance of additional shares of our common stock or from the additional issuance of senior securities (including debt and preferred stock). However, we may not be able to raise additional capital in the future on favorable terms or at all. We may issue debt securities or preferred securities, which we refer to collectively as “senior securities,” and we may borrow money from banks or other financial institutions, up to the maximum amount permitted by the 1940 Act. The 1940 Act permits us to issue senior securities or incur indebtedness only in amounts such that our asset coverage, as defined in the 1940 Act, equals at least 150% after such issuance or incurrence. If the value of our assets declines, we may be unable to satisfy this test. If that happens, we may be required to liquidate a portion of our investments and repay a portion of our indebtedness at a time when such sales may be disadvantageous. If the value of our assets declines, we may be unable to satisfy this test. If that happens, we may be required to liquidate a portion of our investments and repay a portion of our indebtedness at a time when such sales may be disadvantageous. • Senior Securities . As a result of issuing senior securities, we would also be exposed to typical risks associated with leverage, including an increased risk of loss. If we issue preferred securities they would rank “senior” to common stock in our capital structure, preferred stockholders would have separate voting rights and may have rights, preferences or privileges more favorable than those of our common stockholders. Furthermore, the issuance of preferred securities could have the effect of delaying, deferring or preventing a transaction or a change of control that might involve a premium price for our common stockholders or otherwise be in the best interests of our common stockholders. • Additional Common Stock . Our Board of Directors may decide to issue common stock to finance our operations rather than issuing debt or other senior securities. As a BDC, we are generally not able to issue our common stock at a price below net asset value, or issue securities convertible into common stock, without first obtaining the required approvals from our stockholders and our independent directors. If our common stock trades at a discount to net asset value, those restrictions could adversely affect our ability to raise equity capital. Except in connection with the exercise of warrants or the conversion of convertible securities, in any such case the price at which our securities are to be issued and sold may not be less than a price, that in the determination of our board of directors, closely approximates the market value of such securities at the relevant time. We may also make rights offerings to our stockholders. If we raise additional capital by issuing more common stock or senior securities convertible into, or exchangeable for, our common stock, the percentage ownership of our common stockholders at that time would decrease, and our common stockholders may experience dilution. Changes in the laws or regulations governing our business or the business of our portfolio companies, or changes in the interpretations thereof or newly enacted legislation and regulations, and any failure by us or our portfolio companies to comply with these laws or regulations, could have a material adverse effect on our business, results of operations or financial condition of us or our portfolio companies. We are subject to changing rules and regulations of federal and state governments, as well as the stock exchange in which our common stock is listed. These entities, including the Public Company Accounting Oversight Board, the SEC and The Nasdaq Global Select Market, have issued a significant number of new and increasingly complex requirements and regulations over the course of the last several years and continue to develop additional regulations. Changes in the laws or regulations or the interpretations of the laws and regulations that govern BDCs, RICs or non-depository commercial lenders could significantly affect our operations and our cost of doing business. We are subject to federal, state and local laws and regulations and are subject to judicial and administrative decisions that affect our operations, including our loan originations, maximum interest rates, fees and other charges, disclosures to portfolio companies, the terms of secured transactions, collection and foreclosure procedures and other trade practices. If these laws, regulations or decisions change, or if we expand our business into jurisdictions that have adopted more stringent requirements than those in which we currently conduct business, we may have to incur significant expenses in order to comply, or we might have to restrict our operations. In addition, if we do not comply with applicable laws, regulations and decisions, we may lose licenses needed for the conduct of our business and may be subject to civil fines and criminal penalties, any of which could have a material adverse effect upon our business, results of operations of financial condition. If we do not invest a sufficient portion of our assets in qualifying assets, we could be precluded from investing in certain assets or could be required to dispose of certain assets, which could have a material adverse effect on our business, financial condition and results of operations. As a BDC, we are prohibited from acquiring any assets other than “qualifying assets” unless, at the time of and after giving effect to such acquisition, at least 70% of our total assets are qualifying assets. As of December 31, 2022, approximately $269.8 million, or approximately 15.7%, of our adjusted total assets were not “qualifying assets.” If we do not invest a sufficient portion of our assets in qualifying assets, we will be prohibited from investing in additional non-qualifying assets, which could have a material adverse effect on our business, financial condition and results of operations. Similarly, these rules could prevent us from making follow-on investments in existing portfolio companies (which could result in the dilution of our position) or could require us to dispose of investments at inopportune times in order to come into compliance with the 1940 Act. If we need to dispose of these investments quickly, it may be difficult to dispose of such investments on favorable terms. For example, we may have difficulty in finding a buyer and, even if a buyer is found, we may have to sell the investments at a substantial loss. We will be subject to corporate-level U.S. federal income tax on all of our income if we are unable to qualify as a RIC under the Code, which could have a material adverse effect on our financial performance. Although we are currently qualified as a RIC, no assurance can be given that we will be able to maintain RIC status. To maintain RIC status and be relieved of U.S. federal income taxes on income and gains distributed to its stockholders, we generally must meet the annual distribution, source-of-income and asset diversification requirements described below. In addition, our Leverage Program prohibits us from making distributions if doing so causes us to fail to maintain the asset coverage ratios stipulated by the 1940 Act or the Leverage Program. To qualify as a RIC under the Code, we generally must meet certain source-of-income, asset diversification and annual distribution requirements. The annual distribution requirement for a RIC will generally be satisfied if we distribute at least 90% of our ordinary income and net short-term capital gain in excess of net long-term capital loss, if any, to our stockholders. Since we use debt financing, we are subject to certain asset coverage ratio requirements and other financial covenants under the terms of the Leverage Program, and we are, in some circumstances, also subject to similar requirements under the 1940 Act. The requirements could, under certain circumstances, restrict us from making distributions necessary to qualify as a RIC. If we are unable to obtain cash from other sources, we may fail to qualify as a RIC and, thus, may be subject to corporate-level income tax. To qualify as a RIC, we generally must also meet certain asset diversification requirements at the end of each calendar quarter. Failure to meet these tests may result in our having to dispose of certain investments quickly in order to prevent the loss of RIC status. Because we anticipate that most of our investments will be in private companies, any such dispositions could be made at disadvantageous prices and may result in substantial losses. If we fail to qualify as a RIC for any reason and become subject to corporate-level income tax, the resulting corporate-level income taxes could substantially reduce our net assets, the amount of income available for distribution and the amount of our distributions. There is a risk that you may not receive distributions or that our distributions may not grow over time and a portion of our distributions may be a return of capital. We intend to make distributions on a quarterly basis to our stockholders out of assets legally available for distribution. We cannot assure you that we will achieve investment results that will allow us to make a specified level of cash distributions or year-to-year increases in cash distributions. Our ability to pay distributions might be adversely affected by the impact of one or more of the risk factors described in this filing. Due to the asset coverage test applicable to us under the 1940 Act as a BDC, we may be limited in our ability to make distributions. Additionally, a portion of such distributions may include a return of stockholder capital. Distributions in excess of our current and accumulated earnings and profits are considered nontaxable distributions and serve to reduce the basis of our shares in the hands of the common stockholders rather than being currently taxable. As a result of the reduction of the basis of our shares, common stockholders may incur additional capital gains taxes or may have lower capital losses. If we fail to maintain an effective system of internal control over financial reporting, we may not be able to accurately report our financial results or prevent fraud. As a result, stockholders could lose confidence in our financial and other public reporting, which would harm our business and the trading price of our common stock. Effective internal controls over financial reporting are necessary for us to provide reliable financial reports and, together with adequate disclosure controls and procedures, are designed to prevent fraud. Any failure to implement required new or improved controls, or difficulties encountered in their implementation could cause us to fail to meet our reporting obligations. In addition, any testing by us conducted in connection with Section 404 of the Sarbanes-Oxley Act, or the subsequent testing by our independent registered public accounting firm (when undertaken, as noted below), may reveal deficiencies in our internal controls over financial reporting that are deemed to be material weaknesses or that may require prospective or retroactive changes to our consolidated financial statements or identify other areas for further attention or improvement. Inferior internal controls could also cause investors and lenders to lose confidence in our reported financial information, which could have a negative effect on the trading price of our common stock. We may experience cyber-security incidents and are subject to cyber-security risks. Our business operations rely upon secure information technology systems for data processing, storage and reporting. Despite careful security and controls design, implementation and updating, our information technology systems could become subject to cyber-attacks. Cyber-attacks include, but are not limited to, gaining unauthorized access to digital systems (e.g., through “hacking” or malicious software coding) for purposes of misappropriating assets or sensitive information, corrupting data, or causing operational disruption. Cyber-attacks may also be carried out in a manner that does not require gaining unauthorized access, such as causing denial-of-service attacks on websites (i.e., efforts to make network services unavailable to intended users). Network, system, application and data breaches could result in operational disruptions or information misappropriation, which could have a material adverse effect on our business, results of operations and financial condition. Cyber-security failures or breaches by the Advisor, any sub-adviser(s) and other service providers (including, but not limited to, accountants, custodians, transfer agents and administrators), and the issuers of securities in which we invest, have the ability to cause disruptions and impact business operations, potentially resulting in financial losses, interference with our ability to calculate our net asset value, impediments to trading, the inability of our stockholders to transact business, violations of applicable privacy and other laws, regulatory fines, penalties, reputational damage, reimbursement or other compensation costs, or additional compliance costs. In addition, substantial costs may be incurred in order to prevent any cyber incidents in the future. While we have established a business continuity plan in the event of, and risk management systems to prevent, such cyberattacks, there are inherent limitations in such plans and systems including the possibility that certain risks have not been identified. Furthermore, we cannot control the cyber security plans and systems put in place by our service providers and issuers in which we invest. We and our stockholders could be negatively impacted as a result. The failure in cyber-security systems, as well as the occurrence of events unanticipated in our disaster recovery systems and management continuity planning could impair our ability to conduct business effectively. The occurrence of a disaster such as a cyber-attack, a natural catastrophe, an industrial accident, a terrorist attack or war, events unanticipated in our disaster recovery systems, or a support failure from external providers, could have an adverse effect on our ability to conduct business and on our results of operations and financial condition, particularly if those events affect our computer-based data processing, transmission, storage, and retrieval systems or destroy data. If a significant number of our managers were unavailable in the event of a disaster, our ability to effectively conduct our business could be severely compromised. We depend heavily upon computer systems to perform necessary business functions. Despite our implementation of a variety of security measures, our computer systems could be subject to cyber-attacks and unauthorized access, such as physical and electronic break-ins or unauthorized tampering. Like other companies, we may experience threats to our data and systems, including malware and computer virus attacks, unauthorized access, system failures and disruptions. If one or more of these events occurs, it could potentially jeopardize the confidential, proprietary and other information processed and stored in, and transmitted through, our computer systems and networks, or otherwise cause interruptions or malfunctions in our operations, which could result in damage to our reputation, financial losses, litigation, increased costs, regulatory penalties and/or customer dissatisfaction or loss. We are dependent on information systems and systems failures could significantly disrupt our business, which may, in turn, negatively affect the market price of our common stock and our ability to pay dividends. Our business is dependent on our and third parties’ communications and information systems. Further, in the ordinary course of our business we or the Advisor may engage certain third party service providers to provide us with services necessary for our business. Any failure or interruption of those systems or services, including as a result of the termination or suspension of an agreement with any third-party service providers, could cause delays or other problems in our business activities. Our financial, accounting, data processing, backup or other operating systems and facilities may fail to operate properly or become disabled or damaged as a result of a number of factors including events that are wholly or partially beyond our control and adversely affect our business. There could be: • sudden electrical or telecommunications outages; • natural disasters such as earthquakes, tornadoes and hurricanes; • disease pandemics; • events arising from local or larger scale political or social matters, including terrorist acts; and • cyber-attacks. These events, in turn, could have a material adverse effect on our operating results and negatively affect the market price of our common stock and our ability to pay dividends to our stockholders.
Risks Related to Common Stock and Other Securities
General Description of Registrant [Abstract]
Risk [Text Block]											Risks Related to Our Common Stock and Other Securities Our shares of common stock have traded at a discount from net asset value and may do so again in the future, which could limit our ability to raise additional equity capital. Shares of closed-end investment companies, including BDCs, may trade at a market discount from net asset value. This characteristic of closed-end investment companies and BDCs is separate and distinct from the risk that our net asset value per share may decline. In the past, the stocks of BDCs as an industry, including shares of our common stock, have traded below net asset value and at historic lows as a result of concerns over liquidity, leverage restrictions and distribution requirements. When our common stock is trading below its net asset value per share, we will generally not be able to issue additional shares of our common stock at its market price without first obtaining approval for such issuance from our stockholders and our independent directors. At our annual meeting of stockholders held on May 24, 2022, subject to certain conditions and Board of Directors determinations, our stockholders approved our ability to sell or otherwise issue shares of our common stock at a price below its then current net asset value per share for a 12-month period expiring on the anniversary of the date of stockholder approval, unless approved again by our stockholders for another 12-month period. Investing in our common stock may involve an above average degree of risk. The investments we make in accordance with our investment objective may result in a higher amount of risk than alternative investment options and a higher risk of volatility or loss of principal. Our investments in portfolio companies involve higher levels of risk, and therefore, an investment in our common stock may not be suitable for someone with lower risk tolerance. The market price of our common stock may fluctuate significantly. The market price and liquidity of the market for our common stock may be significantly affected by numerous factors, some of which are beyond our control and may not be directly related to our operating performance. These factors include: • volatility in the market price and trading volume of securities of BDCs or other companies in the sector in which we operate, which are not necessarily related to the operating performance of these companies; • price and volume fluctuations in the overall stock market from time to time; • changes in law, regulatory policies or tax guidelines, particularly with respect to SBICs, RICs or BDCs; • loss of RIC status or the SBIC’s loss of SBIC status; • changes in earnings or variations in operating results; • changes in the value of our portfolio of investments; • any shortfall in revenue or net income or any increase in losses from levels expected by investors or securities analysts; • departure of key personnel from the Advisor; • operating performance of companies comparable to us; • short-selling pressure with respect to shares of our common stock or BDCs generally; • future sales of our securities convertible into or exchangeable or exercisable for our common stock or the conversion of such securities; • uncertainty surrounding the strength of the U.S. economic recovery; • general economic trends and other external factors; and • loss of a major funding source. Stockholders will likely incur dilution if we sell or otherwise issue shares of our common stock or securities to subscribe for or convertible into shares of our common stock at prices below the then current net asset value per share of our common stock. We generally seek approval from our stockholders so that we have the flexibility to issue up to 25% of our then outstanding shares of our common stock immediately prior to any such sale at a price below net asset value. Pursuant to approval granted at our annual of stockholders held on May 24, 2022, we currently are permitted to sell or otherwise issue shares of our common stock at a price below net asset value, subject to certain limitations and determinations that must be made by our board of directors. Such stockholder approval expires on May 24, 2023. We also received authority from our stockholders at our 2013 annual meeting to issue warrants, options or other rights to subscribe for, convert to, or purchase shares of our common stock, which may include convertible preferred stock and convertible debentures. This authorization has no expiration date. In addition, we may also issue shares of common stock in certain limited circumstances under our dividend reinvestment plan and under interpretive advice issued by the Internal Revenue Service, and we may also issue subscription rights exercisable for shares of common stock at a price below net asset value per share in accordance with the requirements of the 1940 Act. Any sale or other issuance of shares of our common stock at a price below net asset value per share would result in an immediate dilution to the net asset value per share. This dilution would occur as a result of a proportionately greater decrease in a stockholder’s interest in our earnings and assets and voting interest in us than the increase in our assets resulting from such issuance. Because the number of shares of common stock that could be so issued and the timing of any issuance is not currently known, the actual dilutive effect cannot be predicted. Such effects may be material, and we undertake to describe material risks and dilutive effects of any offering that we make at a price below our then current net asset value in the future in a prospectus supplement issued in connection with any such offering. We cannot predict whether shares of our common stock will trade above, at or below our net asset value. If we were to sell our common stock at prices below net asset value for a sustained period of time, such sales may result in an increased risk of our common stock trading at a discount to its net asset value. Our capital-raising activities may have an adverse effect on the market price of our common stock. When we issue securities or incur debt, we generally obtain cash or cash equivalents. Any increase in our holdings of cash or cash equivalents could adversely affect the prevailing market prices for our common stock, especially if we are unable to timely deploy the capital in suitable investments. The adverse impact on the prevailing market prices for our common stock could be greater if we issue debt securities or other securities requiring the payment of interest and are unable to timely deploy the capital in suitable investments. We may choose to pay dividends in our own stock, in which case you may be required to pay tax in excess of the cash you receive. We may distribute taxable dividends that are payable to our stockholders in part through the issuance of shares of our common stock. Under certain applicable provisions of the Code and the Treasury regulations and a revenue procedure issued by the Internal Revenue Service, a RIC may treat a distribution of its own stock as fulfilling its RIC distribution requirements if each stockholder may elect to receive his or her entire distribution in either cash or stock of the RIC, subject to a limitation that the aggregate amount of cash to be distributed to all stockholders must be at least 20% of the aggregate declared distribution. If too many stockholders elect to receive their distributions in cash, we must allocate the cash available for distribution among the stockholders electing to receive cash (with the balance of the distribution paid in shares of our common stock). If we decide to make any distributions consistent with this revenue procedure that are payable in part in our stock, U.S. taxable stockholders receiving such dividends generally will be required to include the full amount of the dividend (whether received in cash, our stock, or a combination thereof) as ordinary income (or as long-term capital gain to the extent such distribution is properly reported as a capital gain dividend) to the extent of our current and accumulated earnings and profits for U.S. federal income tax purposes. As a result, a U.S. stockholder may be required to pay tax with respect to such dividends in excess of any cash received. If a U.S. stockholder sells the stock it receives as a dividend in order to pay this tax, the sales proceeds may be less than the amount included in income with respect to the dividend, depending on the market price of our stock at the time of the sale. Furthermore, with respect to non-U.S. stockholders, we may be required to withhold U.S. tax with respect to such dividends, including in respect of all or a portion of such dividend that is payable in stock. If a significant number of our stockholders determine to sell shares of our stock in order to pay taxes owed on dividends, it may put downward pressure on the trading price of our stock. In addition, to the extent our stock is trading below our net asset value per share, our net asset value per share will be diluted. If we issue preferred stock, the net asset value and market value of our common stock may become more volatile. We cannot assure you that the issuance of preferred stock would result in a higher yield or return to the holders of our common stock. The issuance of preferred stock would likely cause the net asset value and market value of our common stock to become more volatile. If the dividend rate on the preferred stock were to approach the net rate of return on our investment portfolio, the benefit of leverage to the holders of our common stock would be reduced. If the dividend rate on the preferred stock were to exceed the net rate of return on our portfolio, the leverage would result in a lower rate of return to the holders of our common stock than if we had not issued preferred stock. Any decline in the net asset value of our investment would be borne entirely by the holders of our common stock. Therefore, if the market value of our portfolio were to decline, the leverage would result in a greater decrease in net asset value to the holders of our common stock than if we were not leveraged through the issuance of preferred stock. This greater net asset value decrease would also tend to cause a greater decline in the market price of our common stock. We might be in danger of failing to maintain the required asset coverage of the preferred stock or of losing our ratings on the preferred stock or, in an extreme case, our current investment income might not be sufficient to meet the dividend requirements on the preferred stock. In order to counteract such an event, we might need to liquidate investments in order to fund a redemption of some or all of the preferred stock. In addition, we would pay (and the holders of our common stock would bear) all costs and expenses relating to the issuance and ongoing maintenance of the preferred stock, including higher Incentive Fees if our total return exceeds the dividend rate on the preferred stock. Holders of preferred stock may have different interests than holders of common stock and may at times have disproportionate influence over our affairs. We may in the future determine to issue preferred stock, which could adversely affect the market value of our common stock. The issuance of shares of preferred stock with dividend or conversion rights, liquidation preferences or other economic terms favorable to the holders of preferred stock could adversely affect the market price for our common stock by making an investment in the common stock less attractive. In addition, the dividends on any preferred stock we issue must be cumulative. Payment of dividends and repayment of the liquidation preference of preferred stock must take preference over any dividends or other payments to our common stockholders, and holders of preferred stock are not subject to any of our expenses or losses and are not entitled to participate in any income or appreciation in excess of their stated preference (other than convertible preferred stock that converts into common stock). In addition, under the 1940 Act, preferred stock constitutes a “senior security” for purposes of the asset coverage test. Holders of any preferred stock we might issue would have the right to elect members of our Board of Directors and class voting rights on certain matters. Holders of any preferred stock we might issue, voting separately as a single class, would have the right to elect two members of our Board of Directors at all times and in the event dividends become two full years in arrears would have the right to elect a majority of the directors until such arrearage is completely eliminated. In addition, preferred stockholders have class voting rights on certain matters, including changes in fundamental investment restrictions and conversion to open-end status, and accordingly can veto any changes. Restrictions imposed on the declarations and payment of dividends or other distributions to the holders of our common stock and preferred stock, both by the 1940 Act and by requirements imposed by rating agencies, might impair our ability to maintain our qualification as a RIC for federal income tax purposes. While we would intend to redeem our preferred stock to the extent necessary to enable us to distribute our income as required to maintain our qualification as a RIC, there can be no assurance that such actions could be affected in time to meet the tax requirements. Certain provisions of the Delaware General Corporation Law and our certificate of incorporation and bylaws could deter takeover attempts and have an adverse impact on the price of our common stock. The Delaware General Corporation Law, our amended certificate of incorporation and our amended and restated bylaws contain provisions that may have the effect of discouraging a third party from making an acquisition proposal for us. These anti-takeover provisions may inhibit a change in control in circumstances that could give the holders of our common stock the opportunity to realize a premium over the market price of our common stock. Our certificate of incorporation and bylaws also provide that special meetings of the stockholders may only be called by our Board of Directors, Chairman, Chief Executive Officer or Secretary. These provisions, as well as other provisions of our amended certificate of incorporation and our amended and restated bylaws, may delay, defer or prevent a transaction or a change in control that might otherwise be in the best interests of our stockholders. Your interest in us may be diluted if you do not fully exercise your subscription rights in any rights offering we may conduct. In addition, if the subscription price is less than our net asset value per share, then you will experience an immediate dilution of the aggregate net asset value of your shares. In the event we issue subscription rights, stockholders who do not fully exercise their subscription rights should expect that they will, at the completion of a rights offering, own a smaller proportional interest in us than would otherwise be the case if they fully exercised their rights. We cannot state precisely the amount of any such dilution in share ownership because we do not know at this time what proportion of the shares will be purchased as a result of such rights offering. In addition, if the subscription price is less than the net asset value per share of our common stock, then our stockholders would experience an immediate dilution of the aggregate net asset value of their shares as a result of the offering. The amount of any decrease in net asset value is not predictable because it is not known at this time what the subscription price and net asset value per share will be on the expiration date of a rights offering or what proportion of the shares will be purchased as a result of such rights offering. Such dilution could be substantial. Terms relating to redemption may materially adversely affect your return on any debt securities that we may issue. If your debt securities are redeemable at our option, we may choose to redeem your debt securities at times when prevailing interest rates are lower than the interest rate paid on your debt securities. In addition, if your debt securities are subject to mandatory redemption, we may be required to redeem your debt securities also at times when prevailing interest rates are lower than the interest rate paid on your debt securities. In this circumstance, you may not be able to reinvest the redemption proceeds in a comparable security at an effective interest rate as high as your debt securities being redeemed. Our credit ratings are subject to change and may not reflect all risks of an investment in our debt securities. Our credit ratings are an assessment by third parties of our ability to pay our obligations and are subject to change. For example, our credit ratings were changed several times during the most recent fiscal year and are subject to further change. Such fluctuations in our credit ratings may adversely affect the market value of our debt securities. In addition, our credit ratings may not reflect the potential impact of risks related to market conditions generally or other factors on the market value of or trading market for the publicly issued debt securities.
Rising Interest Rates Or Changes In Interest Rates
General Description of Registrant [Abstract]
Risk [Text Block]											Rising interest rates or changes in interest rates may adversely affect the value of our portfolio investments which could have an adverse effect on our business, financial condition and results of operations. Our debt investments are generally based on floating rates, such as London Interbank Offer Rate (“LIBOR”), EURIBOR, Secured Overnight Financing Rate (“SOFR”), the Federal Funds Rate or the Prime Rate. General interest rate fluctuations may have a substantial negative impact on our investments, the value of our common stock and our rate of return on invested capital. An increase in interest rates generally will increase the cost of borrowing for the companies in which we invest and may make them less profitable, which generally would decrease the value of our investments in them. In addition, although we generally expect to invest a limited percentage of our assets in instruments with a fixed interest rate, including subordinated loans, senior and junior secured and unsecured debt securities and loans in high yield bonds, an increase in interest rates could decrease the value of those fixed rate investments. Rising interest rates may also increase the cost of debt for our underlying portfolio companies, which could adversely impact their financial performance and ability to meet ongoing obligations to the Company. Also, an increase in interest rates available to investors could make investment in our common stock less attractive if we are not able to increase our dividend rate, which could reduce the value of our common stock. Because we have borrowed money, and may issue preferred stock to finance investments, our net investment income depends, in part, upon the difference between the rate at which we borrow funds or pay dividends on preferred stock and the rate that our investments yield. As a result, we can offer no assurance that a significant change in market interest rates will not have a material adverse effect on our net investment income. In this period of rising interest rates, our cost of funds may increase except to the extent we have issued fixed rate debt or preferred stock, which could reduce our net investment income. You should also be aware that a change in the general level of interest rates can be expected to lead to a change in the interest rate we receive on many of our debt investments. Accordingly, a change in the interest rate could make it easier for us to meet or exceed the performance threshold and may result in a substantial increase in the amount of Incentive Fees payable to our Advisor with respect to the portion of the Incentive Fee based on income. Interest rates have risen in recent months, and the risk that they may continue to do so is pronounced.
Risks Related to Inflation
General Description of Registrant [Abstract]
Risk [Text Block]											We are subject to risks related to inflation. Inflation risk is the risk that the value of assets or income from investments will be worth less in the future as inflation decreases the value of money. Recently, inflation has increased to its highest level in decades, and the Federal Reserve has been raising the federal funds rate in response. Inflation rates may change frequently and significantly as a result of various factors, including unexpected shifts in the domestic or global economy and changes in economic policies, and the Company’s investments may not keep pace with inflation, which may result in losses to shareholders. As inflation increases, the real value of our shares and dividends therefore may decline. In addition, during any periods of rising inflation, interest rates of any debt securities issued by the Company would likely increase, which would tend to further reduce returns to shareholders. Inflation rates may change frequently and significantly as a result of various factors, including unexpected shifts in the domestic or global economy and changes in economic policies, and our investments may not keep pace with inflation, which may result in losses to our shareholders. This risk is greater for fixed-income instruments with longer maturities.
Market Disruptions And Other Geopolitical Or Macroeconomic Events
General Description of Registrant [Abstract]
Risk [Text Block]											Market disruptions and other geopolitical or macroeconomic events could create market volatility that negatively impacts our business, financial condition and earnings. General economic and market conditions, such as interest rates, availability of credit, inflation rates, economic uncertainty, supply chain disruptions, labor shortages, energy and other resource shortages, changes in laws, trade barriers, currency exchange controls and national and international political circumstances, may have long-term negative effects on the U.S. and worldwide financial markets and economy. These conditions have resulted in, and in many cases continue to result in, greater price volatility, less liquidity, widening credit spreads and a lack of price transparency, with many securities remaining illiquid and of uncertain value. Such market conditions may adversely affect the Company, including by making valuation of some of the Company’s securities uncertain and/or result in sudden and significant valuation increases or declines in the Company’s holdings. If there is a significant decline in the value of the Company’s portfolio, this may impact the asset coverage levels for the Company’s outstanding leverage. Risks resulting from any future debt or other economic crisis could also have a detrimental impact on the global economy, the financial condition of financial institutions and our business, financial condition and results of operation. Market and economic disruptions have affected, and may in the future affect, consumer confidence levels and spending, personal bankruptcy rates, levels of incurrence and default on consumer debt and home prices, among other factors. To the extent uncertainty regarding the U.S. or global economy negatively impacts consumer confidence and consumer credit factors, our business, financial condition and results of operations could be significantly and adversely affected. Downgrades to the credit ratings of major banks could result in increased borrowing costs for such banks and negatively affect the broader economy. Moreover, Federal Reserve policy, including with respect to certain interest rates, may also adversely affect the value, volatility and liquidity of dividend- and interest-paying securities. Market volatility, rising interest rates and/or a return to unfavorable economic conditions could impair the Company’s ability to achieve its investment objective. The occurrence of events similar to those in recent years, such as localized wars, instability, new and ongoing pandemics (such as COVID-19), epidemics or outbreaks of infectious diseases in certain parts of the world, and catastrophic events such as fires, floods, earthquakes, tornadoes, hurricanes and global health epidemics, terrorist attacks in the U.S. and around the world, social and political discord, debt crises sovereign debt downgrades, increasingly strained relations between the U.S. and a number of foreign countries, new and continued political unrest in various countries, the exit or potential exit of one or more countries from the EU or the EMU, continued changes in the balance of political power among and within the branches of the U.S. government, government shutdowns, among others, may result in market volatility, may have long term effects on the U.S. and worldwide financial markets, and may cause further economic uncertainties in the U.S. and worldwide. In particular, the consequences of the Russian military invasion of Ukraine, the impact on inflation and increased disruption to supply chains and energy resources may impact our portfolio companies, result in an economic downturn or recession either globally or locally in the U.S. or other economies, reduce business activity, spawn additional conflicts (whether in the form of traditional military action, reignited "cold" wars or in the form of virtual warfare such as cyberattacks) with similar and perhaps wider ranging impacts and consequences and have an adverse impact on the Company's returns and net asset value. In response to the conflict between Russia and Ukraine, the U.S. and other countries have imposed sanctions or other restrictive actions against Russia, Russian-backed separatist regions in Ukraine, and certain banks, companies, government officials and other individuals in Russia and Belarus. Any of the above factors, including sanctions, export controls, tariffs, trade wars and other governmental actions, could have a material adverse effect on our business, financial condition, cash flows and results of operations and could cause the market value of our common shares and/or debt securities to decline. We have no way to predict the duration or outcome of the situation, as the conflict and government reactions are rapidly developing and beyond our control. Prolonged unrest, military activities, or broad-based sanctions could have a material adverse effect on our portfolio companies. Such consequences also may increase our funding cost or limit our access to the capital markets. The current political climate has intensified concerns about a potential trade war between China and the U.S., as each country has imposed tariffs on the other country’s products. These actions may trigger a significant reduction in international trade, the oversupply of certain manufactured goods, substantial price reductions of goods and possible failure of individual companies and/or large segments of China’s export industry, which could have a negative impact on our performance. U.S. companies that source material and goods from China and those that make large amounts of sales in China would be particularly vulnerable to an escalation of trade tensions. Uncertainty regarding the outcome of the trade tensions and the potential for a trade war could cause the U.S. dollar to decline against safe haven currencies, such as the Japanese yen and the euro. Events such as these and their consequences are difficult to predict and it is unclear whether further tariffs may be imposed or other escalating actions may be taken in the future. Any of these effects could have a material adverse effect on our business, financial condition and results of operations. The effects described above on our portfolio companies could impact their ability to make payments on their loans on a timely basis and may impact their ability to continue making their loan payments on a timely basis or meeting their loan covenants. The inability of portfolio companies to make timely payments or meet loan covenants may in the future require us to undertake amendment actions with respect to our investments or to restructure our investments, which may include the need for us to make additional investments in our portfolio companies (including debt or equity investments) beyond any existing commitments, exchange debt for equity, or change the payment terms of our investments to permit a portfolio company to pay a portion of its interest through payment-in-kind, which would defer the cash collection of such interest and add it to the principal balance, which would generally be due upon repayment of the outstanding principal.
Economic Recessions Or Downturns [Member]
General Description of Registrant [Abstract]
Risk [Text Block]											Economic recessions or downturns could impair our portfolio companies and harm our operating results. Many of our portfolio companies may be susceptible to economic slowdowns or recessions and may be unable to repay our loans during these periods. Therefore, our non-performing assets may increase and the value of our portfolio may decrease during these periods as we are required to record the values of our investments. Adverse economic conditions also may decrease the value of collateral securing some of our loans and the value of our equity investments. Economic slowdowns or recessions could lead to financial losses in our portfolio and a decrease in revenues, net income and assets. Unfavorable economic conditions also could increase our funding costs, limit our access to the capital markets or result in a decision by lenders not to extend credit to us. These events could prevent us from increasing investments and harm our operating results. A portfolio company’s failure to satisfy financial or operating covenants imposed by us or other lenders could lead to defaults and, potentially, termination of its loans and foreclosure on its secured assets, which could trigger cross-defaults under other agreements and jeopardize our portfolio company’s ability to meet its obligations under the debt securities that we hold. We may incur expenses to the extent necessary to seek recovery upon default or to negotiate new terms with a defaulting portfolio company. In addition, if one of our portfolio companies were to go bankrupt, even though we or one of our affiliates may have structured our interest in such portfolio company as senior debt, depending on the facts and circumstances, including the extent to which we actually provided managerial assistance to that portfolio company, a bankruptcy court might re-characterize our debt holding as equity and subordinate all or a portion of our claim to claims of other creditors. Recently, central banks such as the Federal Reserve Bank have been increasing interest rates in an effort to slow the rate of inflation. There is a risk that increased interest rates may cause the economy to enter a recession. Any such recession would negatively impact the businesses in which we invest and our business. These impacts may include: • severe declines in the market price of our securities or net asset value; • inability of the Company to accurately or reliably value its portfolio; • inability of the Company to comply with certain asset coverage ratios that would prevent the Company from paying dividends to our stockholders and that could result breaches of covenants or events of default under our credit agreement or debt indentures; • inability of the Company to pay any dividends and distributions or service its debt; • inability of the Company to maintain its status as a RIC under the Code; • declines in the value of our investments; • increased risk of default or bankruptcy by the companies in which we invest; • increased risk of companies in which we invest being unable to weather an extended cessation of normal economic activity and thereby impairing their ability to continue functioning as a going concern; • limited availability of new investment opportunities; • inability for us to replace our existing leverage when it becomes due or replace it on terms as favorable as our existing leverage; and • general threats to the Company’s ability to continue investment operations and to operate successfully as a BDC.
Capital Markets May Experience Periods of Disruption and Instability
General Description of Registrant [Abstract]
Risk [Text Block]											Capital markets may experience periods of disruption and instability. Such market conditions may materially and adversely affect debt and equity capital markets in the U.S. and abroad, which may have a negative impact on our business and operations. From time to time, capital markets may experience periods of disruption and instability, which may be evidenced by a lack of liquidity in debt capital markets, write-offs in the financial services sector, re-pricing of credit risk and failure of certain major financial institutions. While the extreme volatility and disruption that U.S. and global markets experienced for an extended period of time beginning in 2007 and 2008 had, until the recent coronavirus (COVID-19) outbreak, generally subsided, uncertainty and periods of volatility still remain, and risks to a robust resumption of growth persist. Equity capital may be difficult to raise because, subject to some limited exceptions, as a BDC, we are generally not able to issue additional shares of common stock at a price less than net asset value without first obtaining approval for such issuance from our stockholders and our independent directors. We generally seek approval from our stockholders so that we have the flexibility to issue up to 25% of our then outstanding shares of our common stock immediately prior to any such sale at a price below net asset value. Pursuant to approval granted at our annual meeting of stockholders held on May 24, 2022, we currently are permitted to sell or otherwise issue shares of our common stock at a price below net asset value, subject to certain limitations and determinations that must be made by our board of directors. Such stockholder approval expires on May 24, 2023. In addition, our ability to incur indebtedness (including by issuing preferred stock) is limited by applicable regulations such that our asset coverage ratio, as calculated in accordance with the 1940 Act, must equal at least 150% immediately after each time we incur indebtedness. The debt capital that will be available to us in the future, if at all, may be at a higher cost and on less favorable terms and conditions than our current leverage. Any inability to raise capital could have a negative effect on our business, financial condition and results of operations. Market conditions may in the future make it difficult to extend the maturity of or refinance our existing indebtedness and any failure to do so could have a material adverse effect on our business. The debt capital that will be available to us in the future, if at all, may be at a higher cost and on less favorable terms and conditions than what we currently experience. Further, if we are unable to raise or refinance debt, then our equity investors may not benefit from the potential for increased returns on equity resulting from leverage and we may be limited in our ability to make new commitments or to fund existing commitments to our portfolio companies. The illiquidity of our investments may make it difficult for us to sell such investments if required. As a result, we may realize significantly less than the value at which we have recorded our investments. While most of our investments are not publicly traded, applicable accounting standards require us to assume as part of our valuation process that our investments are sold in a principal market to market participants (even if we plan on holding an investment through its maturity) In addition, significant changes in the capital markets, including disruption and volatility, have had, and may in the future have, a negative effect on the valuations of our investments and on the potential for liquidity events involving our investments. An inability to raise capital, and any required sale of our investments for liquidity purposes, could have a material adverse impact on our business, financial condition and results of operations.
Price Declines and Illiquidity in Corporate Debt Markets
General Description of Registrant [Abstract]
Risk [Text Block]											Price declines and illiquidity in the corporate debt markets have adversely affected, and may in the future adversely affect, the fair value of our portfolio investments, reducing our net asset value through increased net unrealized depreciation. Pursuant to Rule 2a-5 (the “Rule”) under the 1940 Act, the Board of Directors designated the Advisor as the Company’s valuation designee (the “Valuation Designee”) to perform certain fair value functions, including performing fair value determinations (see Note 2 to the Company’s consolidated financial statements for further information). As a BDC, we are required to carry our investments at market value or, if no market value is ascertainable, at fair value as determined in good faith by the Valuation Designee. Decreases in the market values or fair values of our investments are recorded as unrealized depreciation, which reduces our net asset value. Depending on market conditions, we could incur substantial realized losses and may suffer additional unrealized losses in future periods, which could have a material adverse impact on our business, financial condition and results of operations.
Changes in Legal Tax and Regulatory Regimes
General Description of Registrant [Abstract]
Risk [Text Block]											Changes in legal, tax and regulatory regimes could negatively impact our business, financial condition and earnings. Changes enacted by the current presidential administration could significantly impact the regulation of financial markets in U.S. Areas subject to potential change, amendment or repeal include trade and foreign policy, corporate tax rates, energy and infrastructure policies, the environment and sustainability, criminal and social justice initiatives, immigration, healthcare and the oversight of certain federal financial regulatory agencies and the Federal Reserve. Certain of these changes can, and have, been effectuated through executive order. For example, the current administration has taken steps to rejoin the Paris climate accord of 2015 and incentivize certain clean energy technologies, cancel the Keystone XL pipeline, provide military support to Ukraine and change immigration enforcement priorities. Other potential changes that could be pursued by the current presidential administration could include an increase in the corporate income tax rate; changes to regulatory enforcement priorities; and spending on clean energy and infrastructure. It is not possible to predict which, if any, of these actions will be taken or, if taken, their effect on the economy, securities markets or the financial stability of the U.S. The Company may be affected by governmental action in ways that are not foreseeable, and there is a possibility that such actions could have a significant adverse effect on the Company and its ability to achieve its investment objective. Additional risks arising from the differences in expressed policy preferences among the various constituencies in the branches of the U.S. government has led in the past, and may lead in the future, to short-term or prolonged policy impasses, which could, and has, resulted in shutdowns of the U.S. federal government. U.S. federal government shutdowns, especially prolonged shutdowns, could have a significant adverse impact on the economy in general and could impair the ability of issuers to raise capital in the securities markets. Any of these effects could have a material adverse effect on our business, financial condition and results of operations. In addition, the rules dealing with the U.S. federal income taxation are constantly under review by persons involved in the legislative process and by the IRS and the U.S. Treasury Department. The Tax Cuts and Jobs Act made substantial changes to the Code. Among those changes were a significant permanent reduction in the generally applicable corporate tax rate, changes in the taxation of individuals and other non-corporate taxpayers that generally but not universally reduce their taxes on a temporary basis subject to “sunset” provisions, the elimination or modification of various previously allowed deductions (including substantial limitations on the deductibility of interest and, in the case of individuals, the deduction for personal state and local taxes), certain additional limitations on the deduction of net operating losses, certain preferential rates of taxation on certain dividends and certain business income derived by non-corporate taxpayers in comparison to other ordinary income recognized by such taxpayers, and significant changes to the international tax rules. In addition, the Biden administration has indicated that it intends to modify key aspects of the Code, including by increasing corporate and individual tax rates. The effect of these and other changes is uncertain, both in terms of the direct effect on the taxation of an investment in the Company’s shares and their indirect effect on the value of the Company’s assets, the Company’s shares or market conditions generally.
Changes to US Tariff and Import/Export Regulations
General Description of Registrant [Abstract]
Risk [Text Block]											Changes to U.S. tariff and import/export regulations may have a negative effect on our portfolio companies and, in turn, harm us. There has been ongoing discussion and commentary regarding potential significant changes to U.S. trade policies, treaties and tariffs. There remains uncertainty about the future relationship between the U.S. and other countries with respect to the trade policies, treaties and tariffs. These developments, or the perception that any of them could occur, may have a material adverse effect on global economic conditions and the stability of global financial markets, and may significantly reduce global trade and, in particular, trade between the impacted nations and the U.S. Any of these factors could depress economic activity and restrict our portfolio companies’ access to suppliers or customers and have a material adverse effect on their business, financial condition and results of operations, which in turn would negatively impact us.
Uncertainty Regarding Impact of United Kingdom Departure from European Union
General Description of Registrant [Abstract]
Risk [Text Block]											Uncertainty regarding the impact of the United Kingdom's departure from the European Union could negatively impact our business, financial condition and earnings. On January 31, 2020, the United Kingdom officially withdrew from the EU, commonly referred to as “Brexit”. Following a transition period, the United Kingdom and the EU signed a Trade and Cooperation Agreement (“UK/EU Trade Agreement”), which came into full force on May 1, 2021 and set out the foundation of the economic and legal framework for trade between the United Kingdom and the EU. As the UK/EU Trade Agreement is a new legal framework, the implementation of the UK/EU Trade Agreement may result in uncertainty in its application and periods of volatility in both the United Kingdom and wider European markets. The United Kingdom’s exit from the EU is expected to result in additional trade costs and disruptions in this trading relationship. Furthermore, there is the possibility that either party may impose tariffs on trade in the future in the event that regulatory standards between the EU and the UK diverge. The terms of the future relationship may cause continued uncertainty in the global financial markets, and adversely affect our ability, and the ability of our portfolio companies, to execute our respective strategies and to receive attractive returns.
Changes Relating to Libor Calculation
General Description of Registrant [Abstract]
Risk [Text Block]											Changes relating to the London Interbank Offer Rate (“LIBOR”) calculation process, the phase-out of LIBOR and the use of replacement rates for LIBOR may adversely affect the value of our portfolio securities. In July 2017, the head of the United Kingdom Financial Conduct Authority announced the desire to phase out the use of LIBOR by the end of 2021. The announcement indicates that the continuation of LIBOR on the current basis cannot and will not be guaranteed after 2021. Since December 31, 2021, all sterling, euro, Swiss franc and Japanese yen LIBOR settings and the 1-week and 2-month U.S. dollar LIBOR settings have ceased to be published or are no longer representative, and after June 30, 2023, the overnight, 1-month, 3-month, 6-month and 12-month U.S. dollar LIBOR settings will cease to be published or will no longer be representative. Various financial industry groups have begun planning for the transition away from LIBOR, but there are challenges to converting certain securities and transactions to a new reference rate (e.g., the Secured Overnight Financing Rate (“SOFR”), which is intended to replace the U.S. dollar LIBOR). Neither the effect of the LIBOR transition process nor its ultimate success can yet be known. As an alternative to LIBOR, the Financial Reporting Council, in conjunction with the Alternative Reference Rates Committee, a steering committee comprised of large U.S. financial institutions recommended replacing U.S. dollar LIBOR with the Secured Overnight Financing Rate (“SOFR”), a new index calculated by reference to short-term repurchase agreements, backed by Treasury securities. Abandonment of, or modifications to, LIBOR could have adverse impacts on newly issued financial instruments and any of our existing financial instruments which reference LIBOR. Given the inherent differences between LIBOR and SOFR, or any other alternative benchmark rate that may be established, there are many uncertainties regarding a transition from LIBOR, including, but not limited to, the need to amend all contracts with LIBOR as the referenced rate and how this will impact the cost of variable rate debt and certain derivative financial instruments. In addition, SOFR or other replacement rates may fail to gain market acceptance. Any failure of SOFR or alternative reference rates to gain market acceptance could adversely affect the return on, value of and market for securities linked to such rates. Neither the effect of the LIBOR transition process nor its ultimate success can yet be known. The transition process might lead to increased volatility and illiquidity in markets for, and reduce the effectiveness of, new hedges placed against, instruments whose terms currently include LIBOR. While some existing LIBOR-based instruments may contemplate a scenario where LIBOR is no longer available by providing for an alternative rate-setting methodology, there may be significant uncertainty regarding the effectiveness of any such alternative methodologies to replicate LIBOR. Not all existing LIBOR-based instruments may have alternative rate-setting provisions and there remains uncertainty regarding the willingness and ability of issuers to add alternative rate-setting provisions in certain existing instruments. Moreover, these alternative rate-setting provisions may not be designed for regular use in an environment where LIBOR ceases to be published and may be an ineffective fallback following the discontinuation of LIBOR. On March 15, 2022, President Biden signed into law the Consolidated Appropriations Act of 2022, which among other things, provides for the use of interest rates based on SOFR in certain contracts currently based on LIBOR and a safe harbor from liability for utilizing SOFR-based interest rates as a replacement for LIBOR. The elimination of LIBOR could have an adverse impact on the market value of and/or transferability of any LIBOR-linked securities, loans, and other financial obligations or extensions of credit held by or due to us or on our overall financial condition or results of operations.
Replicate Historical Performance of Other Investment Companies
General Description of Registrant [Abstract]
Risk [Text Block]											We may not replicate the historical performance of other investment companies and funds with which our investment professionals have been affiliated. The 1940 Act imposes numerous constraints on the investment activities of BDCs. For example, BDCs are required to invest at least 70% of their total assets primarily in securities of U.S. private companies or thinly traded public companies (public companies with a market capitalization of less than $250 million), cash, cash equivalents, U.S. government securities and high-quality debt investments that mature in one year or less. These constraints may hinder our Advisor’s ability to take advantage of attractive investment opportunities and to achieve our investment objectives. In addition, the investment philosophy and techniques used by our Advisor may differ from those used by other investment companies and funds advised by our Advisor. Accordingly, we can offer no assurance that we will replicate the historical performance of other investment companies and funds with which our investment professionals have been affiliated, and we caution that our investment returns could be substantially lower than the returns achieved by such other companies.
No Replication of Success
General Description of Registrant [Abstract]
Risk [Text Block]											We are not managed by BlackRock, but rather one of its subsidiaries and may not replicate the success of that entity or BlackRock. Our investment strategies differ from those of BlackRock or its affiliates. As a BDC, we are subject to certain investment restrictions that do not apply to BlackRock. Our performance may be lower or higher than the performance of other entities managed by BlackRock or its affiliates and their past performance is no guarantee of our future results.
Business Model Depends Upon Development and Maintenance of Strong Relationships
General Description of Registrant [Abstract]
Risk [Text Block]											Our business model depends upon the development and maintenance of strong referral relationships with other asset managers and investment banking firms. We are substantially dependent on our informal relationships, which we use to help identify and gain access to investment opportunities. If we fail to maintain our relationships with key firms, or if we fail to establish strong referral relationships with other firms or other sources of investment opportunities, we will not be able to grow our portfolio of equity investments and achieve our investment objective. In addition, persons with whom we have informal relationships are not obligated to inform us of investment opportunities, and therefore such relationships may not lead to the origination of equity or other investments. Any loss or diminishment of such relationships could effectively reduce our ability to identify attractive portfolio companies that meet our investment criteria, either for direct equity investments or for investments through private secondary market transactions or other secondary transactions.
Advisors Liability Limited Under The Investment Management Agreement
General Description of Registrant [Abstract]
Risk [Text Block]											The Advisor’s liability is limited under the investment management agreement, and we are required to indemnify the Advisor against certain liabilities, which may lead the Advisor to act in a riskier manner on our behalf than it would when acting for its own account. The Advisor has not assumed any responsibility to us other than to render the services described in the investment management agreement, and it will not be responsible for any action of our board of directors in declining to follow the Advisor’s advice or recommendations. Pursuant to the investment management agreement, the Advisor and its members and their respective officers, managers, partners, agents, employees, controlling persons and members and any other person or entity affiliated with it will not be liable to us for their acts under the investment management agreement, absent willful misfeasance, bad faith, gross negligence or reckless disregard in the performance of their duties. We have agreed to indemnify, defend and protect the Advisor and its members and their respective officers, managers, partners, agents, employees, controlling persons and members and any other person or entity affiliated with it with respect to all damages, liabilities, costs and expenses resulting from acts of the Advisor not arising out of willful misfeasance, bad faith, gross negligence or reckless disregard in the performance of their duties under the investment and management agreement. These protections may lead the Advisor to act in a riskier manner when acting on our behalf than it would when acting for its own account.
Suffer Credit Losses
General Description of Registrant [Abstract]
Risk [Text Block]											We may suffer credit losses. Investment in middle-market companies is highly speculative and involves a high degree of risk of credit loss, and therefore our securities may not be suitable for someone with a low tolerance for risk. These risks are likely to increase during an economic recession.
Borrowed Funds For Investments
General Description of Registrant [Abstract]
Risk [Text Block]											Our use of borrowed funds, including under the Leverage Program, to make investments exposes us to risks typically associated with leverage. The Company borrows money, both directly and indirectly through SVCP, TCPC Funding II and the SBIC. As a result: • our common stock is exposed to incremental risk of loss and a decrease in the value of our investments would have a greater negative impact on the value of our common stock than if we did not use leverage; • adverse changes in interest rates could reduce or eliminate the incremental income we make with the proceeds of leverage; • we, and indirectly our common stockholders, bear the entire cost of issuing and paying interest or dividends on any borrowed funds issued by us or our subsidiaries; and • our ability to pay dividends on our common stock will be restricted if our asset coverage ratio is not at least 150% and any amounts used to service indebtedness would not be available for such dividends. The use of leverage creates increased risk of loss and is considered a speculative investment technique. The use of leverage magnifies the potential gains and losses from an investment and increases the risk of loss of capital. To the extent that income derived by us from investments purchased with borrowed funds is greater than the cost of borrowing, our net income will be greater than if borrowing had not been used. Conversely, if the income from investments purchased from these sources is not sufficient to cover the cost of the leverage, our net investment income will be less than if leverage had not been used, and the amount available for ultimate distribution to the holders of common stock will be reduced. The extent to which the gains and losses associated with leveraged investing are increased will generally depend on the degree of leverage employed. We may, under some circumstances, be required to dispose of investments under unfavorable market conditions in order to maintain our leverage, thus causing us to recognize a loss that might not otherwise have occurred. In the event of a sale of investments upon default under our borrowing arrangements, secured creditors will be contractually entitled to direct such sales and may be expected to do so in their interest, rather than in the interests of the holders of common stock. Holders of common stock will incur losses if the proceeds from a sale in any of the foregoing circumstances are insufficient, after payment in full of amounts due and payable on leverage, including administrative expenses, to repay such holders investments in our common stock. As a result, you could experience a total loss of your investment. Any decrease in our revenue would cause our net income to decline more than it would have had we not borrowed funds and could negatively affect our ability to make distributions on our common stock. The ability to service any debt that we have or may have outstanding depends largely on our financial performance and is subject to prevailing economic conditions and competitive pressures. There is no limitation on the percentage of portfolio investments that can be pledged to secure borrowings. The amount of leverage that we employ at any particular time will depend on our Advisor’s and our board of director’s assessments of market and other factors at the time of any proposed borrowing.
Regulatory Restrictions that Restrict our Ability to Raise Capital
General Description of Registrant [Abstract]
Risk [Text Block]											In addition to regulatory restrictions that restrict our ability to raise capital, the Leverage Program contains various covenants which, if not complied with, could accelerate repayment under the SVCP Facility and Funding Facility II, thereby materially and adversely affecting our liquidity, financial condition and results of operations. Under the Leverage Program, we must comply with certain financial and operational covenants. These covenants include: • restrictions on the level of indebtedness that we are permitted to incur in relation to the value of our assets; • restrictions on our ability to make distributions and other restricted payments under certain circumstances; • restrictions on extraordinary events, such as mergers, consolidation and sales of assets; • restrictions on our ability to incur liens and incur indebtedness; and • maintenance of a minimum level of stockholders’ equity. In addition, by limiting the circumstances in which borrowings may occur under the SVCP Facility and Funding Facility II, the credit agreements related to such facilities (the “Credit Agreements”) in effect provide for various asset coverage, credit quality and diversification limitations on our investments. Such limitations may cause us to be unable to make or retain certain potentially attractive investments or to be forced to sell investments at an inappropriate time and consequently impair our profitability or increase losses or result in adverse tax consequences. As of February 28, 2023, we were in compliance with these covenants. However our continued compliance with these covenants depends on many factors, some of which are beyond our control. Accordingly, there are no assurances that we will continue to comply with the covenants in the Credit Agreements. Failure to comply with these covenants would result in a default under the Credit Agreements which, if we were unable to obtain a waiver from the respective lenders thereunder, could result in an acceleration of repayments under the Credit Agreements. The Operating Facility also has certain “key man” provisions. For example, it is an event of default if the Advisor is controlled by any person or group other than (i) a wholly-owned subsidiary of BlackRock, Inc. or (ii) any two of Howard Levkowitz, Michael Leitner, Philip Tseng and Rajneesh Vig (or any replacement manager or individual reasonably acceptable to the administrative agent and approved by the required lenders), provided that if the Advisor is no longer under the control of at least two of such four individuals (or their previously approved replacements) through an event resulting in the death or disability of such individuals, the Advisor has 60 calendar days to replace such individuals with other managers or individuals reasonably acceptable to the administrative agent and approved by the required lenders, provided further that a default (but not an event of default) shall be deemed to exist during such period.
Inability To Renew Extend Or Replace Credit Facilities
General Description of Registrant [Abstract]
Risk [Text Block]											The Operating Facility matures on May 6, 2026, subject to extension by the lenders at the request of SVCP, and the Funding Facility II matures on August 4, 2025, subject to extension by the lender at the request of TCPC Funding II. Any inability to renew, extend or replace the Operating Facility and/or Funding Facility II could adversely impact our liquidity and ability to find new investments or maintain distributions to our stockholders. The Operating Facility matures on May 6, 2026, subject to extension by the lenders at the request of SVCP. Borrowings under the Operating Facility generally bear interest at a rate of LIBOR plus 1.75% per annum, subject to certain limitations. Funding Facility II matures on August 4, 2025, subject to extension by the lender at the request of TCPC Funding II. Borrowings under the Funding Facility II generally bear interest at a rate of LIBOR plus 2.00% per annum, subject to certain funding requirements, plus an administrative fee of 0.15% per annum. We do not currently know whether we will renew, extend or replace the Operating Facility and Funding Facility II upon their maturities or whether we will be able to do so on terms that are as favorable as the Operating Facility and Funding Facility II. In addition, we will be required to liquidate assets to repay amounts due under the Operating Facility and Funding Facility II if we do not renew, extend or replace the Operating Facility and Funding Facility II prior to their respective maturities. Upon the termination of the Operating Facility and Funding Facility II, there can be no assurance that we will be able to enter into a replacement facility on terms that are as favorable to us, if at all. Our ability to replace the Operating Facility and Funding Facility II may be constrained by then-current economic conditions affecting the credit markets. In the event that we are not able to replace the Operating Facility and Funding Facility II at the time of their maturity, this could have a material adverse effect on our liquidity and ability to fund new investments, our ability to make distributions to our stockholders and our ability to qualify as a RIC.
Creditors under Credit Facilities have First Claim on Assets included In Collateral
General Description of Registrant [Abstract]
Risk [Text Block]											The creditors under the Operating Facility and Funding Facility II have a first claim on all of the Company’s assets included in the collateral for the respective facilities. Lenders have fixed dollar claims on our assets that are superior to the claims of our common stockholders. Substantially all of our current assets have been pledged as collateral under the SVCP Facility and Funding Facility II. If an event of default occurs under either of the SVCP Facility and Funding Facility II, the respective lenders would be permitted to accelerate amounts due under the respective facilities and liquidate our assets to pay off amounts owed under the respective facilities and limitations would be imposed on us with respect to the purchase or sale of investments. Such limitations may cause us to be unable to make or retain certain potentially attractive investments or to be forced to sell investments at an inappropriate time and consequently impair our profitability or increase our losses or result in adverse tax consequences. In the event of the dissolution of the Company or otherwise, if the proceeds of the Company’s assets (after payment in full of obligations to any such debtors) are insufficient to repay capital invested in us by the holders of the common stock, no other assets will be available for the payment of any deficiency. None of our board of directors, the Advisor or any of their respective affiliates, have any liability for the repayment of capital contributions made to the Company by the holders of common stock. Holders of common stock could experience a total loss of their investment in the Company.
Credit Facilities Have Veto Power Over Investment Policies [Member]
General Description of Registrant [Abstract]
Risk [Text Block]											Lenders under the Operating Facility may have a veto power over the Company’s investment policies. If a default has occurred under the Operating Facility, the lenders under the Operating Facility may veto changes in investment policies. The Operating Facility also has certain limitations on unusual types of investments such as commodities, real estate and speculative derivatives, which are not part of the Company’s investment strategy or policies in any event.
Imposition of Entity Level Tax
General Description of Registrant [Abstract]
Risk [Text Block]											The SBIC may be unable to make distributions to us that will enable us to meet or maintain RIC status, which could result in the imposition of an entity-level tax. In order for us to continue to qualify for RIC tax treatment and to minimize corporate-level taxes, we will be required to distribute substantially all of our net ordinary income and net capital gain income, including income from certain of our subsidiaries, which includes the income from the SBIC. We will be partially dependent on the SBIC for cash distributions to enable us to meet the RIC distribution requirements. The SBIC may be limited by the Small Business Investment Act of 1958, and SBA regulations governing SBICs, from making certain distributions to us that may be necessary to enable us to maintain our status as a RIC. We may have to request a waiver of the SBA’s restrictions for the SBIC to make certain distributions to maintain our eligibility for RIC status. We cannot assure you that the SBA will grant such a waiver and if the SBIC is unable to obtain a waiver, compliance with the SBA regulations may result in loss of RIC tax treatment and a consequent imposition of an entity-level tax on us.
SBIC Subject To Small Business Administration Regulations
General Description of Registrant [Abstract]
Risk [Text Block]											The SBIC is subject to SBA regulations, and any failure to comply with SBA regulations could have an adverse effect on our operations. On April 22, 2014, the SBIC received an SBIC license from the SBA. The SBIC license allows the SBIC to obtain leverage by issuing SBA-guaranteed debentures, subject to the issuance of a capital commitment by the SBA and other customary procedures. SBA-guaranteed debentures are non-recourse, interest only debentures with interest payable semi-annually and have a ten year maturity. The principal amount of SBA-guaranteed debentures is not required to be paid prior to maturity but may be prepaid at any time without penalty. The interest rate of SBA-guaranteed debentures is fixed on a semi-annual basis at a market-driven spread over U.S. Treasury Notes with 10-year maturities. The SBA, as a creditor, will have a superior claim to the SBIC’s assets over our stockholders in the event we liquidate the SBIC or the SBA exercises its remedies under the SBA-guaranteed debentures issued by the SBIC upon an event of default. Under current SBA regulations, a licensed SBIC can provide capital to those entities that have a tangible net worth not exceeding $19.5 million and an average annual net income after Federal income taxes not exceeding $6.5 million for the two most recent fiscal years. In addition, a licensed SBIC must devote 25% of its investment activity to those entities that have a tangible net worth not exceeding $6.0 million and an average annual net income after Federal income taxes not exceeding $2.0 million for the two most recent fiscal years. The SBA regulations also provide alternative size standard criteria to determine eligibility, which depend on the industry in which the business is engaged and are based on factors such as the number of employees and gross sales. The SBA regulations permit licensed SBICs to make long term loans to small businesses, invest in the equity securities of such businesses and provide them with consulting and advisory services. The SBA also places certain limitations on the financing terms of investments by SBICs in portfolio companies and prohibits SBICs from providing funds for certain purposes or to businesses in a few prohibited industries. Compliance with SBA requirements may cause the SBIC to forego attractive investment opportunities that are not permitted under SBA regulations. Further, the SBA regulations require that a licensed SBIC be periodically examined and audited by the SBA to determine its compliance with the relevant SBA regulations. The SBA prohibits, without prior SBA approval, a “change of control” of an SBIC or any transfers of the capital stock of a licensed SBIC. If the SBIC fails to comply with applicable SBA regulations, the SBA could, depending on the severity of the violation, limit or prohibit its use of debentures, declare outstanding debentures immediately due and payable, and/or limit it from making new investments. In addition, the SBA can revoke or suspend a license for willful or repeated violation of, or willful or repeated failure to observe, any provision of the Small Business Investment Act of 1958 or any rule or regulation promulgated thereunder. The Advisor, as the SBIC’s investment adviser, does not have any previous experience managing an SBIC. Its limited experience in complying with SBA regulations may hinder its ability to take advantage of the SBIC’s access to SBA-guaranteed debentures. Any failure to comply with SBA regulations could have an adverse effect on our operations.
SBA Regulations Limit Outstanding Dollar Amount of SBA-Guaranteed Debentures
General Description of Registrant [Abstract]
Risk [Text Block]											SBA regulations limit the outstanding dollar amount of SBA-guaranteed debentures that may be issued by an SBIC or group of SBICs under common control. The SBA regulations currently limit the dollar amount of SBA-guaranteed debentures that can be issued by any one SBIC to $175.0 million or to a group of SBICs under common control to $350.0 million. An SBIC may not borrow an amount in excess of two times (and in certain cases, up to three times) its regulatory capital. As of December 31, 2022, the SBIC had $150.0 million in SBA-guaranteed debentures outstanding. If we reach the maximum dollar amount of SBA-guaranteed debentures permitted, and if we require additional capital, our cost of capital may increase, and there is no assurance that we will be able to obtain additional financing on acceptable terms. Moreover, the current status of the SBIC as an SBIC does not automatically assure that the SBIC will continue to receive SBA-guaranteed debenture funding. Receipt of SBA leverage funding is dependent upon the SBIC continuing to be in compliance with SBA regulations and policies and available SBA funding. The amount of SBA leverage funding available to SBICs is dependent upon annual Congressional authorizations and in the future may be subject to annual Congressional appropriations. There can be no assurance that there will be sufficient debenture funding available at the times desired by the SBIC. The debentures guaranteed by the SBA have a maturity of ten years and require semi-annual payments of interest. The SBIC will need to generate sufficient cash flow to make required interest payments on the debentures. If the SBIC is unable to meet their financial obligations under the debentures, the SBA, as a creditor, will have a superior claim to the SBIC’s assets over our stockholders in the event we liquidate the SBIC or the SBA exercises its remedies under such debentures as the result of a default by us.
Disposition of Investments
General Description of Registrant [Abstract]
Risk [Text Block]											The disposition of our investments may result in contingent liabilities. Most of our investments will involve private securities. In connection with the disposition of an investment in private securities, we may be required to make representations about the business and financial affairs of the portfolio company typical of those made in connection with the sale of a business. We may also be required to indemnify the purchasers of such investment to the extent that any such representations turn out to be inaccurate or with respect to certain potential liabilities. These arrangements may result in contingent liabilities that ultimately yield funding obligations that must be satisfied through our return of certain distributions previously made to us. We do not believe contingent liabilities were material at December 31, 2022.
Incurring Additional Indebtedness could Increase Risk
General Description of Registrant [Abstract]
Risk [Text Block]											If we incur additional leverage, it will increase the risk of investing in shares of our common stock. As a BDC regulated under the 1940 Act, we are generally required to maintain a certain asset coverage for senior securities representing indebtedness (i.e., debt) or stock (i.e., preferred stock). Following receipt of the necessary stockholder and Board approvals, effective February 9, 2019, the minimum asset coverage ratio requirement was reduced from 200% to 150%, pursuant to Section 61(a)(2) of the 1940 Act (i.e., from a 1:1 debt to equity ratio to a 2:1 debt to equity ratio). Therefore, we may be able to issue an increased amount of senior securities and incur additional indebtedness in the future and, therefore, your risk of an investment in us may increase. If our asset coverage falls below the required limit, we will not be able to incur additional debt until we are able to comply with the asset coverage applicable to us. This could have a material adverse effect on our operations, and we may not be able to make distributions to stockholders. The actual amount of leverage that we employ will depend on our and our Board of Directors’ assessment of market and other factors at the time of any proposed borrowing. We cannot assure you that we will be able to obtain credit at all or on terms acceptable to us. The Company has indebtedness pursuant to the Leverage Program and expects, in the future, to borrow additional amounts under the Operating Facility and Funding Facility II and may increase the size of the Operating Facility and Funding Facility II or enter into other borrowing arrangements. In the case of a liquidation event, those lenders would receive proceeds before our stockholders. In addition, borrowings, also known as leverage, magnify the potential for gain or loss on amounts invested and, therefore, increase the risks associated with investing in our common stock. Leverage is generally considered a speculative investment technique. If the value of our assets increases, then leveraging would cause the net asset value attributable to our common stock to increase more than it otherwise would have had we not leveraged. Conversely, if the value of our assets decreases, leveraging would cause the net asset value attributable to our common stock to decline more than it otherwise would have had we not leveraged. Similarly, any increase in our revenue in excess of interest expense on our borrowed funds would cause our net income to increase more than it would without the leverage. Any decrease in our revenue would cause our net income to decline more than it would have had we not borrowed funds and could negatively affect our ability to make distributions on our common stock. Our ability to service any debt that we incur depends largely on our financial performance and is subject to prevailing economic conditions and competitive pressures. Illustration . The following table illustrates the effect of leverage on returns from an investment in our common stock assuming various annual returns, net of expenses. The calculations in the table below are hypothetical and actual returns may be higher or lower than those appearing below. The calculation is based on our level of leverage at December 31, 2022, which represented borrowings equal to 55.2% of our total assets. On such date, we also had $1,719.3 million in total assets; $1,609.6 million in total investments; an average cost of funds of 3.47% based on contractual terms at December 31, 2022; $949.1 million aggregate principal amount of debt outstanding; and $746.8 million of total net assets. In order to compute the “Corresponding Return to Common Stockholders,” the “Assumed Return on Portfolio (Net of Expenses Other than Interest)” is multiplied by the total value of our investment portfolio at December 31, 2022 to obtain an assumed return to us. From this amount, interest expense (calculated by multiplying the weighted-average interest rate of 3.47% by the $949.1 million of debt) is subtracted to determine the return available to stockholders. The return available to stockholders is then divided by the total value of our net assets at December 31, 2022 to determine the “Corresponding Return to Common Stockholders.” Actual interest payments may vary. Assumed Return on Portfolio (Net of Expenses (10 )% (5 )% — % 5 % 10 % Corresponding Return to Common Stockholders ( 26 )% ( 15 )% ( 4 )% 6 % 17 % The assumed portfolio return in the table is based on SEC regulations and is not a prediction of, and does not represent, our projected or actual performance. The table also assumes that we will maintain a constant level of leverage. The amount of leverage that we use will vary from time to time.
Lack of Liquidity in Investments
General Description of Registrant [Abstract]
Risk [Text Block]											The lack of liquidity in our investments may adversely affect our business. We make investments in private companies. A portion of these investments may be subject to legal and other restrictions on resale, transfer, pledge or other disposition or will otherwise be less liquid than publicly traded securities. The illiquidity of our investments may make it difficult for us to sell such investments if the need arises. In addition, if we are required to liquidate all or a portion of our portfolio quickly, we may realize significantly less than the value at which we have previously recorded our investments. In addition, we face other restrictions on our ability to liquidate an investment in a business entity to the extent that we or the Advisor has or could be deemed to have material non-public information regarding such business entity.
Substantial Portion of Portfolio Investments are Recorded at Fair Value
General Description of Registrant [Abstract]
Risk [Text Block]											A substantial portion of our portfolio investments are recorded at fair value as determined using a consistently applied valuation process in accordance with our documented valuation policy that has been reviewed and approved by our board of directors and, as a result, there may be uncertainty regarding the value of our portfolio investments. The debt and equity investments that we make for which market quotations are not readily available will be valued at fair value as determined using a consistently applied valuation process in accordance with our documented valuation policy that has been reviewed and approved by our board of directors. The Valuation Designee approves in good faith the valuation of such securities. Due to the inherent uncertainty of determining the fair value of investments that do not have a readily available market value, the fair value of our investments may differ significantly from the values that would have been used had a readily available market value existed for such investments, and the differences could be material. Our net asset value could be adversely affected if determinations regarding the fair value of these investments were materially higher than the values ultimately realized upon the disposal of such investments.
Borrowed Funds Investments Exposes to Risks
General Description of Registrant [Abstract]
Risk [Text Block]											Our use of borrowed funds to make investments exposes us to risks typically associated with leverage. We borrow money and may issue additional debt securities or preferred stock to leverage our capital structure. As a result: • our common stock is exposed to incremental risk of loss and a decrease in the value of our investments would have a greater negative impact on the value of our common stock than if we did not use leverage; • adverse changes in interest rates could reduce or eliminate the incremental income we make with the proceeds of any leverage; • such securities are governed by an indenture or other instrument containing covenants restricting our operating flexibility; • we, and indirectly our stockholders, bear the cost of issuing and paying interest or making distributions on such securities; • any convertible or exchangeable securities that we issue may have rights, preferences and privileges more favorable than those of our common stock; and • our ability to make distributions on our common stock will be restricted if our asset coverage ratio is not at least 150% and any amounts used to service indebtedness or preferred stock may not be available for such distributions.
Distributions to Stockholders
General Description of Registrant [Abstract]
Risk [Text Block]											A portion of our distributions to stockholders may include a return of stockholder capital. We intend to make distributions on a quarterly basis to our stockholders out of assets legally available for distribution. A portion of such distributions may include a return of stockholder capital. Distributions in excess of our current and accumulated earnings and profits are considered non-taxable distributions and serve to reduce the basis of our shares in the hands of the stockholders rather than being currently taxable, and as a result of the reduction of the basis of our shares, stockholders may incur additional capital gains taxes or may have lower capital losses.
Difficulty In Paying Required Distributions [Member]
General Description of Registrant [Abstract]
Risk [Text Block]											We may have difficulty paying our required distributions if we recognize income before or without receiving cash representing such income. In accordance with U.S. GAAP and tax regulations, we include in income certain amounts that we have not yet received in cash, such as PIK interest, which represents contractual interest added to the loan balance and due at the end of the loan term. The increases in loan balances as a result of contracted PIK arrangements are included in income for the period in which such PIK interest was received, which is often in advance of receiving cash payment. We also may be required to include in income certain other amounts that we will not receive in cash. Any warrants that we receive in connection with our debt investments are generally valued as part of the negotiation process with the particular portfolio company. As a result, a portion of the aggregate purchase price for the debt investments and warrants are allocated to the warrants that we receive. This will generally result in “original issue discount,” or OID, for tax purposes, which we must recognize as ordinary income, increasing the amounts we are required to distribute to qualify for the federal income tax benefits applicable to RICs. Because such original issue discount income would not be accompanied by cash, we would need to obtain cash from other sources to satisfy such distribution requirements. If we are unable to obtain cash from other sources to satisfy such distribution requirements, we may fail to qualify for favorable tax treatment as a RIC and, thus, could become subject to a corporate-level income tax on all of our income. Other features of the debt instruments that we hold may also cause such instruments to generate original issue discount, resulting in a distribution requirement in excess of current cash received. Similarly, newly enacted tax legislation contains rules that may in certain other circumstances require the recognition of non-cash taxable income or may limit the deductibility of certain of our cash expenses. Since in certain cases we may recognize income before or without receiving cash representing such income or may be subject to limitations on the deductibility of cash expenses, we may have difficulty meeting the requirement to distribute at least 90% of our net ordinary income and realized net short-term capital gains in excess of realized net long-term capital losses, if any. If we are unable to meet these distribution requirements, we will not qualify for favorable tax treatment as a RIC or, even if such distribution requirements are satisfied, we may be subject to tax on the amount that is undistributed. Accordingly, we may have to sell some of our assets, raise additional debt or equity capital or reduce new investment originations to meet these distribution requirements and avoid tax.
Original Issue Discount and Pik Interest
General Description of Registrant [Abstract]
Risk [Text Block]											To the extent OID and PIK interest constitute a portion of our income, we will be exposed to typical risks associated with such income being required to be included in taxable and accounting income prior to receipt of cash representing such income. Our investments may include OID instruments and PIK interest arrangements, which represents contractual interest added to a loan balance and due at the end of such loan’s term. To the extent OID or PIK interest constitute a portion of our income, we are exposed to typical risks associated with such income being required to be included in taxable and accounting income prior to receipt of cash, including the following: • The higher interest rates of OID and PIK instruments reflect the payment deferral and increased credit risk associated with these instruments, and OID and PIK instruments generally represent a significantly higher credit risk than coupon loans. • Even if the accounting conditions for income accrual are met, the borrower could still default when our actual collection is supposed to occur at the maturity of the obligation. • OID and PIK instruments may have unreliable valuations because their continuing accruals require continuing judgments about the collectability of the deferred payments and the value of any associated collateral. OID and PIK income may also create uncertainty about the source of our cash distributions. • For accounting purposes, any cash distributions to stockholders representing OID and PIK income are not treated as coming from paid-in capital, even if the cash to pay them comes from offering proceeds. As a result, despite the fact that a distribution representing OID and PIK income could be paid out of amounts invested by our stockholders, the 1940 Act does not require that stockholders be given notice of this fact by reporting it as a return of capital. • PIK interest has the effect of generating investment income at a compounding rate, thereby further increasing the Incentive Fees payable to the Advisor. Similarly, all things being equal, the deferral associated with PIK interest also decreases the loan-to-value ratio at a compounding rate.
Unrealized Losses On Investment Portfolio
General Description of Registrant [Abstract]
Risk [Text Block]											Any unrealized losses we experience on our investment portfolio may be an indication of future realized losses, which could reduce our income available for distribution. Decreases in the market values or fair values of our investments will be recorded as unrealized depreciation. Any unrealized losses in our investment portfolio could be an indication of a portfolio company’s inability to meet its repayment obligations to us with respect to the affected investments. This could result in realized losses in the future and ultimately in reductions of our income available for distribution in future periods.
Conflicts of Interest
General Description of Registrant [Abstract]
Risk [Text Block]											Our Advisor and its affiliates and employees may have certain conflicts of interest. As a global provider of investment management, risk management and advisory services to institutional and retail clients, BlackRock, the Advisor and their respective affiliates (for purposes of this discussion of potential conflicts, the “BlackRock Entities”), engage in a broad spectrum of activities, including sponsoring and managing a variety of public and private investment funds, funds of funds and separate accounts across fixed income, liquidity, equity, alternative investment and real estate strategies; providing financial advisory services; providing technology infrastructure and analytics under the BlackRock Solutions® brand and engaging in certain broker-dealer activities and other activities. Although the relationships and activities of the BlackRock Entities should help enable these entities to offer attractive opportunities and services to the Company, such relationships and activities create certain inherent actual and potential conflicts of interest. In the ordinary course of business, the BlackRock Entities engage in activities where their interests or the interests of their clients may conflict with the interests of the Company, certain investors or a group of investors, or the Company’s investments. The following discussion enumerates certain potential and actual conflicts of interest. Allocation of Investment Opportunities . The BlackRock Entities manage and advise numerous accounts for clients around the world, such as registered and unregistered funds and owners of separately managed accounts (collectively, “Client Accounts”). Client Accounts include funds and accounts in which the BlackRock Entities or their personnel have an interest (“BlackRock Accounts”). Certain of these Client Accounts have investment objectives, and utilize investment strategies, that are similar to the Company’s. As a result, certain investments may be appropriate for the Company and also for other Client Accounts. The BlackRock Entities’ allocation of investment opportunities among various Client Accounts presents inherent potential and actual conflicts of interest, particularly where an investment opportunity is limited. These potential conflicts are exacerbated in situations where BlackRock is entitled to higher fees and incentive compensation from certain Client Accounts than from other Client Accounts (including the Company), where the portfolio managers making an allocation decision are entitled to an incentive fee, carried interest or other similar compensation from such other Client Accounts, or where there are differences in proprietary investments in the Company and other Client Accounts. The prospect of achieving higher compensation or greater investment return from another investment vehicle or separate account than from the Company provides incentives for the Advisor or other BlackRock Entities to favor the other investment vehicle or separate account over the Company when, for example, allocating investment opportunities that the Advisor believes could result in favorable performance. It is the policy of BlackRock not to make decisions based on the foregoing interests or greater fees or compensation. Any person that owns, directly or indirectly, 5% or more of our outstanding voting securities or is managed by the Advisor will generally be an affiliate of the Company for purposes of the 1940 Act and the Company is generally prohibited from participating in certain transactions such as co-investing with, or buying or selling any security from or to, such affiliate, absent the prior approval of the Independent Directors and, in some cases, of the SEC. However, the Advisor and the funds managed by the Advisor have received an order providing an exemption from certain SEC regulations prohibiting transactions with affiliates (the “Order”). The Order requires that certain procedures be followed prior to making an investment subject to the Order and such procedures could in certain circumstances adversely affect the price paid or received by the Company or the availability or size of the position purchased or sold by the Company. The Advisor may also face conflicts of interest in making investments pursuant to the Order. The 1940 Act also prohibits certain “joint” transactions with certain of the Company’s affiliates, which could include investments in the same portfolio company (whether at the same or different times), without prior approval of the Independent Directors and, in some cases, of the SEC. The Company is prohibited from buying or selling any security from or to any person who owns more than 25% of the Company’s voting securities and from or to certain of that person’s affiliates, or entering into prohibited joint transactions with such persons, absent the prior approval of the SEC (other than certain limited situations pursuant to current regulatory guidance). The analysis of whether a particular transaction constitutes a joint transaction requires a review of the relevant facts and circumstances relating to the particular transaction. Similar restrictions limit the Company’s ability to transact business with its officers or directors or their affiliates. To address actual and potential conflicts associated with allocation of investments, BlackRock has developed an investment allocation policy (the “Investment Allocation Policy”) and related guidelines. In addition, certain BlackRock Entities and business units have supplemental allocation policies for making allocation decisions among Client Accounts managed by such BlackRock Entities (together with the Investment Allocation Policy and related guidelines, the “Allocation Policy”). The Allocation Policy is intended to ensure that investment opportunities are allocated on a fair and equitable basis among Client Accounts over time, taking into account various factors including the Client Account’s investment objective, guidelines and restrictions and other portfolio construction considerations; available capital and liquidity needs; tax, regulatory and contractual considerations; risk or investment concentration parameters; supply or demand for a security at a given price level; size of available investment; unfunded capital commitments or cash availability and liquidity requirements; leverage limitations; regulatory restrictions; contractual restrictions (including with other clients); minimum investment size; relative size; and such other factors as may be relevant to a particular transaction or Client Account. The BlackRock Entities reserve the right to allocate investment opportunities appropriate for the investment objectives of the Company and other Client Accounts in any other manner deemed fair and equitable by the BlackRock Entities consistent with the Allocation Policy, the Order and applicable law. The application of the Allocation Policy, the Order and the foregoing considerations may result in a particular Client Account, including the Company, not receiving an allocation of an investment opportunity that has been allocated to other Client Accounts following the same or similar strategy, or receiving a smaller allocation than other Client Accounts or an allocation on an other than pro rata basis. Furthermore, as the investment programs of the Company and the other applicable Client Accounts change and develop over time, additional issues and considerations may affect the Allocation Policy and the expectations of the BlackRock Entities with respect to the allocation of investment opportunities to the Company and other Client Accounts. BlackRock and the Advisor reserve the right to change the Allocation Policy and guidelines relating thereto from time to time without the consent of or notice to stockholders, subject to the disclosure requirements of applicable law. As a general matter, it is expected the Company will participate in investments deemed appropriate for the Company’s strategy and either sourced by the investment personnel directly responsible for managing the Company (though investments sourced by such personnel may also be allocated to other Client Accounts that may be managed by other investment teams) or made available for investment by the Company pursuant to the terms of the Order. Allocation of Expenses . Side-by-side management by the BlackRock Entities of the Company and Client Accounts raises other potential and actual conflicts of interest, including those associated with allocating expenses attributable to the Company and one or more other Client Accounts. The Advisor and its affiliates will attempt to make such allocations on a basis that they consider to be fair and equitable to the Company under the circumstances over time and considering such factors as it deems relevant. The allocations of such expenses may not be proportional, and any such determinations involve inherent matters of discretion, e.g., in determining whether to allocate pro rata based on number of Client Accounts or proportionately in accordance with asset size, or in certain circumstances determining whether a particular expense has a greater benefit to the Company, other Client Accounts or the Advisor and/or its affiliates. Activities of Other Client Accounts . The BlackRock Entities will, from time to time, be actively engaged in transactions on behalf of other Client Accounts in the same investments, securities, derivatives and other instruments in which the Company will directly or indirectly invest. Trading for certain other Client Accounts is carried out without reference to positions held directly or indirectly by the Company and may have an effect on the value or liquidity of the positions so held or may result in another Client Account having an interest in an issuer adverse to that of the Company. Under certain circumstances and subject to the Order and applicable law, the Company may invest directly or indirectly in a transaction in which one or more other Client Accounts are expected, or seek, to participate or already have made, or concurrently will make or seek to make, an investment. The Company and the other Client Accounts may have conflicting interests and objectives in connection with such investments, including with respect to views on the operations or activities of the project or company involved, the targeted returns from the investment and the timeframe for, and method of, exiting the investment. For example, the Advisor’s decisions on behalf of other Client Accounts to sell, redeem from or otherwise liquidate a security in which the Company is invested may adversely affect the Company, including by causing such investment to be less liquid or more concentrated, or by causing the Company to no longer participate in a controlling position in the investment or to lose the benefit of certain negotiated terms, including, without limitation, fee discounts. Conflicts will also arise in cases where the Company, directly or indirectly, and other Client Accounts invest in different parts of an issuer’s capital structure, including circumstances in which one or more Client Accounts may own private securities or obligations of an issuer and other Client Accounts may own public securities of the same issuer. If an issuer in which the Company, directly or indirectly, and one or more other Client Accounts hold different classes of securities (or other assets, instruments or obligations issued by such issuer) encounters financial problems, decisions over the terms of any workout will raise potential conflicts of interests (including, for example, conflicts regarding the terms of recapitalizations and proposed waivers, amendments or enforcement of debt covenants). As a result, one or more Client Accounts may pursue or enforce rights with respect to a particular issuer in which the Company has directly or indirectly invested, and those activities may have an adverse effect on the Company. Because of the different legal rights associated with debt and equity of the same portfolio company, BlackRock expects to face a potential conflict of interest in respect of the advice given to, and the actions taken on behalf of, the Company versus another Client Account (e.g., the terms of debt instruments, the enforcement of covenants, the terms of recapitalizations and the resolution of workouts or bankruptcies). For example, if the Company holds debt securities of an issuer and a Client Account directly or indirectly holds equity securities of the same issuer, then, if the issuer experiences financial or operational challenges, the Company may seek a liquidation of the issuer in which it may be paid in full, whereas the Client Account, as a direct or indirect equity holder, might prefer a reorganization that holds the potential to create value for the equity holders. Similarly, if additional capital is necessary as a result of financial or other difficulties, or to finance growth of other opportunities, subject to the Order and applicable law and regulation, a Client Account may not provide such additional capital and the Company may do so, or vice versa. In the event of an insolvency, bankruptcy or similar proceeding of an issuer, the Company may be limited (by applicable law, courts or otherwise) in the positions or actions it may be permitted to take due to other interests held or actions or positions taken by other Client Accounts. In negotiating the terms and conditions of any such investments, or any subsequent amendments or waivers, the Advisor and the other BlackRock Entities may find that their own interests, the interests of the Company and/or the interests of one or more other Client Accounts could conflict. Any of the foregoing conflicts of interest will be discussed and resolved on a case-by-case basis. The resolution of such conflicts will take into consideration the interests of the relevant parties, the circumstances giving rise to the conflict, the Order to the extent applicable and applicable law. Stockholders should be aware that conflicts will not necessarily be resolved in favor of the Company and that the Company could be adversely affected by the actions taken by BlackRock Entities on behalf of Client Accounts. In order to avoid or reduce the conflicts that may arise in cases where the Company, directly or indirectly, and other Client Accounts invest in different parts of an issuer’s capital structure, or for other reasons, the Company may choose not to invest in issuers in which other Client Accounts hold an existing investment, even if the Advisor believes such investment opportunity to be attractive and otherwise appropriate for the Company and is permitted under applicable law and regulation, which may adversely affect the performance of the Company. Other transactions by one or more Client Accounts also may have the effect of diluting the values or prices of investments held directly or indirectly by the Company or otherwise disadvantaging the Company. This may occur when portfolio decisions regarding the Company are based on research or other information that is also used to support portfolio decisions for other Client Accounts. When a BlackRock Entity implements a portfolio decision or strategy on behalf of a Client Account other than the Company ahead of, or contemporaneously with, similar portfolio decisions or strategies for the Company (whether or not the portfolio decisions emanate from the same research analysis or other information), market impact, liquidity constraints or other factors could result in the Company receiving less favorable investment results, and the cost of implementing such portfolio decisions or strategies for the Company could increase, or the Company could otherwise be disadvantaged. Additionally, if the Company makes an investment in a portfolio company in conjunction with an investment made by another Client Account, the Company may not invest through the same investment vehicles, have the same access to credit or employ the same hedging or investment strategies as such other Client Account. This likely will result in differences in investment cost, investment terms, leverage and associated expenses between the Company and any other Client Account. There can be no assurance that the Company and the other Client Accounts will exit the investment at the same time or on the same terms, and there can be no assurance that the Company’s return on such an investment will be the same as the returns achieved by any other Client Accounts participating in the transactions. Given the nature of these conflicts, there can be no assurance that the resolution of these conflicts will be beneficial to the Company. The BlackRock Entities may also, in certain circumstances and subject to the Order and applicable law and regulation, pursue or enforce rights or take other actions with respect to a particular issuer or investment jointly on behalf of the Company and other Client Accounts. In such circumstances, the Company may be adversely impacted by the other Client Accounts’ activities, and transactions for the Company may be impaired or effected at prices or terms that may be less favorable than would otherwise have been the case had the other Client Accounts not pursued a particular course of action with respect to the issuer or investment. For example, one or more Client Accounts may dispose of or make an in kind distribution of its portion of an investment that is also held by the Company and other Client Accounts, and such action may adversely affect the Company and such other Client Accounts that continue to hold such investment. Conflicts may also arise because portfolio decisions made by the Advisor on behalf of the Company may benefit other BlackRock Entities or Client Accounts, including BlackRock Accounts. For example, subject to the Order and applicable law and regulation, the Company may invest directly or indirectly in the securities, bank loans or other obligations of issuers in which a Client Account has an equity, debt or other interest, or vice versa. In certain circumstances, the Advisor may be incentivized not to undertake certain actions on behalf of the Company in connection with such investments, in view of a BlackRock Entity’s or Client Account’s involvement with the relevant issuer or investment. Further, the Company may also engage in investment transactions that result in other Client Accounts being relieved of obligations or otherwise divesting of investments that the Company also holds or which cause the Company to have to divest certain investments. The purchase, holding and sale of investments by the Company may enhance the profitability of another Client Account’s own investments in and activities with respect to such investments. Without limiting the generality of the foregoing, the Company may invest, directly or indirectly, in equity of investments or issuers affiliated with the BlackRock Entities or in which a BlackRock Entity or a Client Account has a direct or indirect debt or other interest, or vice versa, and may acquire such equity or debt either directly or indirectly through public or private acquisitions. Such investments may benefit the BlackRock Entities or Client Accounts. In addition, the Advisor may be incentivized not to undertake certain actions on behalf of the Company in connection with such investments, in view of a BlackRock Entity’s or Client Account’s involvement with the relevant issuer or investment. Moreover, the Advisor’s investment professionals, its senior management and employees serve or may serve as officers, directors or principals of entities that operate in the same or a related line of business as the Company. Accordingly, these individuals may have obligations to investors in those entities or funds, the fulfillment of which might not be in the best interests of the Company or stockholders. In addition, certain of the personnel employed by the Advisor or focused on the Company’s business may change in ways that are detrimental to the Company’s business. Transactions Between Client Accounts . Each of the BlackRock Entities and the Advisor reserve the right to conduct cross trades between the Company and other Client Accounts in accordance with applicable legal and regulatory requirements. The Advisor may cause the Company to purchase securities or other assets from or sell securities or other assets to, or engage in other transactions with, other Client Accounts or vehicles when the Advisor believes such transactions are appropriate and in the participants’ best interest, subject to applicable law and regulation. The Company may enter into “agency cross transactions,” in which a BlackRock Entity may act as broker for the Company and for the other party to the transaction, to the extent permitted under applicable law and regulation and the relevant Client Account governing documents. In such cases, the Advisor and such other Client Accounts or BlackRock Entities, as applicable, may have a potentially conflicting division of loyalties and responsibilities regarding both parties to the transaction. To the extent that any provision of Section 11(a) of the Exchange Act, or any of the rules promulgated thereunder, is applicable to any transactions effected by the Advisor, such transactions will be effected in accordance with the requirements of such provisions and rules. Proxy Voting. The Board of Directors has delegated to the Advisor discretion with respect to voting and consent rights of the assets of the Company. Consistent with applicable rules under the Investment Advisers Act of 1940, as amended (the “Advisers Act”), BlackRock has adopted and implemented written proxy voting policies and procedures with respect to individual securities held by the Company that are reasonably designed: (i) to ensure that proxies are voted, consistent with its fiduciary obligations, in the best interests of Client Accounts under the circumstances over time; and (ii) to prevent conflicts of interest from influencing proxy voting decisions made on behalf of clients. Nevertheless, when votes are cast in accordance with BlackRock’s proxy voting policy and in a manner that BlackRock believes to be consistent with its fiduciary obligations, actual proxy voting decisions made on behalf of one Client Account may have the effect of favoring or harming the interests of other Client Accounts, including the Company. Stockholders may receive a copy of BlackRock’s proxy voting policy, upon request, and may also obtain a copy at: http://www.blackrock.com/corporate/en-us/about-us/responsible-investment/responsible-investment-reports. Investment Terms of Other Client Accounts . The investment terms offered to other Client Accounts or to investors in other Client Accounts with similar investment objectives as the Company may be different than those applicable to our stockholders and may create conflicts. In particular, with respect to investors in other Client Accounts that are managed as dedicated funds or with respect to other Client Accounts investing through separate accounts with similar investment objectives to the Company, information sharing may, to the extent permitted under applicable law and regulation, be more extensive, detailed and timely as compared to information available to our stockholders, and the other Client Accounts’ liquidity may not be subject to the restrictions that apply to our stockholders. Management of the Company . In connection with the management of the Company, the Board of Directors and/or the Advisor will have the right to make certain determinations on behalf of the Company, in its discretion. Any such determinations may affect stockholders differently and some stockholders may be adversely affected by such determinations by the Board of Directors or Advisor. Stockholders may be situated differently in a number of ways, including being resident of, or organized in, various jurisdictions, being subject to different tax rules or regulatory structures and/or having different internally- or externally-imposed investment policies, restrictions or guidelines. As a result, conflicts of interest may arise in connection with decisions made by the Board of Directors or the Advisor that may be more beneficial for certain stockholders. In making determinations on behalf of the Company, including in structuring and completing investments, the Advisor intends to consider the investment and tax objectives of the Company and the stockholders as a whole, not the investment, tax or other objectives of any stockholder individually. Subject to applicable law, including the 1940 Act, and the terms of the applicable contracts with the Company, BlackRock Entities may from time to time, and without notice to the Company or stockholders, insource or outsource to third-parties, including parties which are affiliated with BlackRock, certain processes or functions in connection with a variety of services that they provide to the Company in their administrative or other capacities. Such in-sourcing or outsourcing may give rise to potential conflicts of interest. Limited Access to Information; Information Advantage of Certain BlackRock Clients . As a result of receiving client reports, service on a Client Account’s advisory board, affiliation with the Advisor or otherwise, one or more BlackRock clients may have access to different information regarding the BlackRock Entities’ transactions, strategies or views, and may act on such information in accounts not controlled by the BlackRock Entities, which may have a material adverse effect on the performance of the Company. The Company and its investments may also be adversely affected by market movements or by decreases in the pool of available securities or liquidity arising from purchases and sales by, as well as increases of capital in, and withdrawals of capital from, other Client Accounts and other accounts of BlackRock clients not controlled by BlackRock. These effects can be more pronounced in respect of investments with limited capacity and in thinly traded securities and less liquid markets. Furthermore, our stockholders’ rights to information regarding the Advisor or the Company generally will be limited to applicable reporting obligations and information requirements under the Exchange Act and applicable state law. It is anticipated that the Advisor and its affiliates will obtain certain types of material information from or relating to the Company’s investments that will not be disclosed to stockholders because such disclosure is prohibited, including as a result of contractual, legal or similar obligations outside of BlackRock’s control. Such limitations on the disclosure of such information may have adverse consequences for stockholders in a variety of circumstances and may make it difficult for a stockholder to monitor the Advisor and its performance. Advisor Decisions May Benefit BlackRock Entities and BlackRock Accounts . BlackRock Entities may derive ancillary benefits from certain decisions made on behalf of the Company. While the Advisor will make decisions for the Company in accordance with its obligations to manage the Company appropriately, the fees, allocations, compensation and other benefits to the BlackRock Entities (including benefits relating to business relationships of the BlackRock Entities) may be greater as a result of certain portfolio, investment, service provider or other decisions made by the Advisor for the Company than they would have been had other decisions been made which also might have been appropriate for the Company. In addition, BlackRock Entities may invest in Client Accounts and therefore may indirectly derive ancillary benefits from certain decisions made by the Advisor. The Advisor may also make decisions and exercise discretion with respect to the Company that could benefit BlackRock Entities that have invested in the Company. Temporary Investments in Cash Management Products . Subject to applicable law, the Company may invest, on a temporary basis, in short-term, high-grade assets or other cash management products, including SEC-registered investment funds (open-end or closed-end) or unregistered funds, including any such funds that are sponsored, managed or serviced by advisory BlackRock Entities. In connection with any of these investments, the Company will bear all fees pertaining to the investment, including advisory, administrative or 12b-1 fees, and no portion of any fees otherwise payable by the Company will be offset against fees payable in accordance with any of these investments (i.e., there could be “double fees” involved in making any of these investments which would not arise in connection with a stockholder’s direct investment in such money market or liquidity funds, because a BlackRock Entity could receive fees with respect to both the management of the Company, on one hand, and such cash management products, on the other). In these circumstances, as well as in other circumstances in which any BlackRock Entities receive any fees or other compensation in any form relating to the provision of services, subject to the Company’s Governing Documents, no accounting, repayment to the Company or offset of the Advisory Fee will be required. Management Responsibilities . The employees and directors of the Advisor or its affiliates are not under any obligation to devote all of their professional time to the affairs of the Company, but will devote such time and attention to the affairs of the Company as BlackRock determines in its discretion is necessary to carry out the operations of the Company effectively. Employees and directors of the Advisor engage in other activities unrelated to the affairs of the Company, including managing or advising other Client Accounts, which presents potential conflicts in allocating management time, services and functions among the Company and other Client Accounts. These potential conflicts will be exacerbated in situations where employees may be entitled to greater incentive compensation or other remuneration from certain Client Accounts than from other Client Accounts (including the Company). The Advisor may, subject to applicable law, utilize the personnel or services of its affiliates in a variety of ways to make available to the Company BlackRock’s global capabilities. Although the Advisor believes this practice generally is in the best interests of its clients, it is possible that conflicts with respect to allocation of investment opportunities, portfolio execution, client servicing or other matters may arise due to differences in regulatory requirements in various jurisdictions, time differences or other reasons. The Advisor will seek to ameliorate any conflicts that arise and may determine not to utilize the personnel or services of a particular affiliate in circumstances where it believes the potential conflict outweighs the potential benefits. Investments by Directors, Officers and Employees of BlackRock Entities . The directors, officers and employees of BlackRock Entities are permitted to buy and sell public or private securities, commingled vehicles or other investments held by the Company for their own accounts, or accounts of their family members and in which such BlackRock Entity personnel may have a pecuniary interest, including through accounts (or investments in funds) managed by BlackRock Entities, in accordance with BlackRock’s personal trading policies. As a result of differing trading and investment strategies or constraints, positions taken by BlackRock Entity directors, officers, and employees may be the same as or different from, or made contemporaneously or at different times than, positions taken for the Company. Such persons and/or investment vehicles they manage also may invest in companies in the same industries as companies in which the Company expects to invest, and may compete with the Company for investment opportunities, and their investments may compete with the Company’s investments. In addition, BlackRock personnel may serve on the boards of directors of companies in the same industries as companies in which the Company expects to invest, which can give rise to conflicting obligations and interests. As these situations may involve potential conflicts of interest, BlackRock has adopted policies and procedures relating to personal securities transactions, insider trading and other ethical considerations. These policies and procedures are intended to identify and reduce actual conflicts of interest with clients and to resolve such conflicts appropriately if they do occur. Issues Relating to the Valuation of Assets . While securities
Incentive Compensation
General Description of Registrant [Abstract]
Risk [Text Block]											Our incentive compensation may induce our Advisor to make certain investments, including speculative investments. The incentive compensation payable by us to the Advisor may create an incentive for the Advisor to make investments on our behalf that are risky or more speculative than would be the case in the absence of such compensation arrangement. The way in which the incentive compensation is determined may encourage the Advisor to increase the use of leverage or take additional risk to increase the return on our investments. Under certain circumstances, the use of leverage may increase the likelihood of default, which would disfavor the holders of our common stock, or of securities convertible into our common stock or warrants representing rights to purchase our common stock or securities convertible into our common stock. A rise in the general level of interest rates can be expected to lead to higher interest rates applicable to certain of our debt investments and may accordingly result in a substantial increase in the amount of incentive compensation payable to the Advisor with respect to our cumulative investment income. Although the incentive compensation is subject to a total return hurdle, the Advisor may have some ability to accelerate the realization of gains to obtain incentive compensation earlier than it otherwise would when it may be in our best interests to not yet realize gains. Our directors monitor our use of leverage and the Advisor’s management of our investment program in the best interests of our common stockholders. We may invest, to the extent permitted by law, in the securities and instruments of other investment companies, including private funds, and, to the extent we so invest, we will bear our ratable share of any such investment company’s expenses, including management and performance fees. We will also remain obligated to pay management and incentive compensation to the Advisor with respect to the assets invested in the securities and instruments of other investment companies. With respect to each of these investments, each of our common stockholders will bear his or her share of our management and incentive compensation as well as indirectly bear the management and performance fees and other expenses of any investment companies in which we invest.
Clawback Arrangements
General Description of Registrant [Abstract]
Risk [Text Block]											We may be obligated to pay the Advisor incentive compensation payments in excess of the amounts we would have paid if such compensation was subject to clawback arrangements. The Advisor is entitled to incentive compensation for each fiscal quarter after January 1, 2013 in an amount equal to a percentage of our ordinary income (before deducting incentive compensation) since that date and, separately, a percentage of our realized capital gains (net of realized capital losses and unrealized depreciation) since that date, in each case subject to a cumulative total return requirement. If we pay incentive compensation and thereafter experience additional realized capital losses or unrealized capital depreciation such that we would no longer have been required to provide incentive compensation, we will not be able to recover any portion of the incentive compensation previously paid or distributed because our incentive compensation arrangements do not contain any clawback provisions. As a result, the incentive compensation could exceed 17.5% of our cumulative total return, depending on the timing of unrealized appreciation, net unrealized depreciation and net realized capital losses. For example, part of the incentive compensation payable or distributable by us that relates to our ordinary income is computed on income that may include interest that has been accrued but not yet received in cash. If a portfolio company defaults on a loan, it is possible that accrued interest previously used in the calculation of the incentive compensation will become uncollectible. Similarly, the income component is measured against a total return limitation that includes unrealized gains. Such gains may not be realized or may be realized at a lower amount. Consequently, we may have paid incentive compensation on income in circumstances where we otherwise would not have done so and with respect to which we do not have a clawback right against the Advisor.
Senior Management Personnel
General Description of Registrant [Abstract]
Risk [Text Block]											We are dependent upon senior management personnel of the Advisor for our future success, and if the Advisor is unable to retain qualified personnel or if the Advisor loses any member of its senior management team, our ability to achieve our investment objective could be significantly harmed. The success of the Company is highly dependent on the financial and managerial expertise of the Advisor. The loss of one or more of the voting members of the Investment Committee could have a material adverse effect on the performance of the Company. Although the Advisor and the voting members of the Investment Committee devote a significant amount of their respective efforts to the Company, they actively manage investments for other clients and are not required to (and will not) devote all of their time to the Company’s affairs.
Right to Resign
General Description of Registrant [Abstract]
Risk [Text Block]											The Advisor can resign on 60 days’ notice, and we may not be able to find a suitable replacement within that time, resulting in a disruption in our operations that could adversely affect our financial condition, business and results of operations. The Advisor has the right, under our investment management agreement, to resign at any time upon not more than 60 days’ written notice, whether we have found a replacement or not. If the Advisor resigns, we may not be able to find a new investment advisor or hire internal management with similar expertise and ability to provide the same or equivalent services on acceptable terms within 60 days, or at all. If we are unable to do so quickly, our operations are likely to experience a disruption, our financial condition, business and results of operations as well as our ability to pay distributions are likely to be adversely affected and the market price of our common stock may decline. In addition, the coordination of our internal management and investment activities is likely to suffer if we are unable to identify and reach an agreement with a single institution or group of executives having the expertise possessed by the Advisor and its affiliates. Even if we are able to retain comparable management, whether internal or external, the integration of such management and their lack of familiarity with our investment objective may result in additional costs and time delays that may adversely affect our financial condition, business and results of operations.
Investments By Issuing Preferred Stock
General Description of Registrant [Abstract]
Risk [Text Block]											We may in the future determine to fund a portion of our investments by issuing preferred stock, which would magnify the potential gains or losses and the risks of investing in us in the same manner as our borrowings. Preferred stock, which is another form of leverage, has the same risks to our common stockholders as borrowings because the dividends on any preferred stock we issue must be cumulative. Payment of such dividends and repayment of the liquidation preference of such preferred stock must take preference over any dividends or other payments to our common stockholders and preferred stockholders are not subject to any of our expenses or losses, and are not entitled to participate in any income or appreciation in excess of their stated preference. The issuance of shares of preferred stock with dividend or conversion rights, liquidation preferences or other economic terms favorable to the holders of preferred stock could adversely affect the market price for our common stock by making an investment in the common stock less attractive. In addition, the dividends on any preferred stock we issue must be cumulative. Payment of dividends and repayment of the liquidation preference of preferred stock must take preference over any dividends or other payments to our common stockholders, and holders of preferred stock are not subject to any of our expenses or losses and are not entitled to participate in any income or appreciation in excess of their stated preference (other than convertible preferred stock that converts into common stock). In addition, under the 1940 Act, preferred stock constitutes a “senior security” for purposes of the asset coverage test.
Fluctuations in Quarterly and Annual Results
General Description of Registrant [Abstract]
Risk [Text Block]											We may experience fluctuations in our periodic operating results. We could experience fluctuations in our periodic operating results due to a number of factors, including the interest rates payable on the debt securities we acquire, the default rate on such securities, the level of our expenses (including the interest rates payable on our borrowings), the dividend rates payable on preferred stock we issue, variations in and the timing of the recognition of realized and unrealized gains or losses, the degree to which we encounter competition in our markets and general economic conditions. As a result of these factors, results for any period should not be relied upon as being indicative of performance in future periods.
Maintain BDC Status
General Description of Registrant [Abstract]
Risk [Text Block]											If we fail to maintain our status as a BDC, our business and operating flexibility could be significantly reduced. We qualify as a BDC under the 1940 Act. The 1940 Act imposes numerous constraints on the operations of business development companies. For example, BDCs are prohibited from making any unqualifying investments unless at least 70% of their total assets are invested in qualifying investments which are primarily securities of private or thinly-traded U.S. companies, cash, cash equivalents, U.S. government securities and other high quality debt investments that mature in one year or less. Failure to comply with the requirements imposed on business development companies by the 1940 Act could cause the SEC to bring an enforcement action against us and/or expose us to claims of private litigants. In addition, any such failure could cause an event of default under the Leverage Program, which could have a materially adverse effect on our business, financial conditions or results of operations.
Distribute Substantial Income to Stockholders
General Description of Registrant [Abstract]
Risk [Text Block]											Because we intend to distribute substantially all of our income to our stockholders to maintain our status as a RIC, we will continue to need additional capital to finance growth. If additional funds are unavailable or not available on favorable terms, our ability to grow will be impaired. We have elected to be treated for federal income tax purposes as a RIC under Subchapter M of the Code. If we can meet certain requirements, including source of income, asset diversification and distribution requirements, and if we continue to qualify as a BDC, we will continue to qualify to be a RIC under the Code and will not have to pay corporate-level taxes on income we distribute to our stockholders, allowing us to substantially reduce or eliminate our corporate-level tax liability. As a result, we intend to distribute to our stockholders substantially all of our annual taxable income, except that we may retain certain net capital gains for reinvestment in common interests of SVCP, and treat such amounts as deemed distributions to our stockholders. If we elect to treat any amounts as deemed distributions, we must pay income taxes at the corporate rate on such deemed distributions on behalf of our stockholders and our stockholders will receive a tax credit for such amounts and an increase in basis. A stockholder that is not subject to U.S. federal income tax or otherwise is not required to file a U.S. federal income tax return would be required to file a U.S. federal income tax return on the appropriate form in order to claim a refund for the taxes we paid. As a result of these requirements, we will likely need to raise capital from other sources to grow our business. Unfavorable economic or capital market conditions may increase our funding costs, limit our access to the capital markets or could result in a decision by lenders not to extend credit to us. An inability to successfully access the capital markets could limit our ability to grow our business and fully execute our business strategy and could decrease our earnings, if any. As a BDC, we are not able to incur senior securities unless after giving effect thereto we meet a coverage ratio of total assets, less liabilities and indebtedness not represented by senior securities, to total senior securities, which includes all of our borrowings, of at least 150%. This means that for every $100 of net assets, we may raise $200 from senior securities, such as borrowings or issuing preferred stock. These requirements limit the amount that we may borrow. On July 13, 2015, we obtained exemptive relief from the SEC to permit us to exclude the debt of TCPC SBIC LP guaranteed by the SBA from our 150% asset coverage test under the 1940 Act. The exemptive relief provides us with increased flexibility under the 150% asset coverage test by permitting the SBIC to borrow up to $160.0 million more than it would otherwise be able to absent the receipt of this exemptive relief. Because we will continue to need capital to grow our investment portfolio, these limitations may prevent us from incurring debt and require us to raise additional equity at a time when it may be disadvantageous to do so. While we expect we will be able to borrow and to issue additional debt securities and expect that we will be able to issue additional equity securities, we cannot assure you that debt and equity financing will be available to us on favorable terms, or at all. In addition, as a BDC, we generally will not be permitted to issue equity securities priced below net asset value without stockholder approval. If additional funds are not available to us, we could be forced to curtail or cease new investment activities and our net asset value or common stock price could decline.
Highly Competitive Market
General Description of Registrant [Abstract]
Risk [Text Block]											The highly competitive market in which we operate may limit our investment opportunities. A number of entities compete with us to make the types of investments that we make. We compete with other BDCs, public and private funds, commercial and investment banks, commercial financing companies, and, to the extent they provide an alternative form of financing, private equity funds. Additionally, because competition for investment opportunities generally has increased among alternative investment vehicles, such as hedge funds, those entities now invest in areas in which they have not traditionally invested, including making investments in middle-market private companies. As a result of these new entrants, competition for investment opportunities intensified over the past several years and may intensify further in the future. Some of our existing and potential competitors are substantially larger and have considerably greater financial, technical and marketing resources than we do. For example, some competitors may have a lower cost of funds and access to funding sources that are not available to us. In addition, some of our competitors may have higher risk tolerances or different risk assessments, which could allow them to consider a wider variety of investments and establish more relationships than us. Furthermore, many of our competitors are not subject to the regulatory restrictions and valuation requirements that the 1940 Act imposes on us as a BDC and that the Code imposes on us as a RIC. We cannot assure you that the competitive pressures we face will not have a material adverse effect on our business, financial condition and results of operations. Also, as a result of this existing and potentially increasing competition, we may not be able to take advantage of attractive investment opportunities from time to time, and we can offer no assurance that we will be able to identify and make investments that are consistent with our investment objective. We do not seek to compete primarily based on the interest rates we offer, and we believe that some of our competitors make loans with interest rates that are comparable to or lower than the rates we offer. We may lose investment opportunities if we do not match our competitors’ pricing, terms and structure. If we match our competitors’ pricing, terms and structure, we may experience decreased net interest income and increased risk of credit loss. As a result of operating in such a competitive environment, we may make investments that are on better terms to our portfolio companies than what we may have originally anticipated, which may impact our return on these investments.
Members of Board of Directors
General Description of Registrant [Abstract]
Risk [Text Block]											Our Board of Directors may change our investment objective, operating policies and strategies without prior notice or stockholder approval, the effect of which may be adverse. Our Board of Directors has the authority to modify or waive certain of our investment objective, operating policies and strategies without prior notice and without stockholder approval (except as required by the 1940 Act). However, absent stockholder approval, we may not change the nature of our business so as to cease to be, or withdraw our election as, a BDC. We cannot predict the effect any changes to our current operating policies and strategies would have on our business, operating results or value of our common stock. Nevertheless, the effects could adversely affect our business and impact our ability to make distributions to our stockholders.
Investments are Risky and Highly Speculative
General Description of Registrant [Abstract]
Risk [Text Block]											Our investments are risky and highly speculative, and we could lose all or part of our investment. We invest primarily in middle-market companies primarily through leveraged loans. Risks Associated with middle-market companies . Investing in private middle-market companies involves a number of significant risks, including: • these companies may have limited financial resources and may be unable to meet their obligations under their debt securities that we hold, which may be accompanied by a deterioration in the value of any collateral; • they typically have shorter operating histories, narrower product lines and smaller market shares than larger businesses, which tend to render them more vulnerable to competitors’ actions and market conditions, as well as general economic downturns; • they are more likely to depend on the management talents and efforts of a small group of persons; therefore, the death, disability, resignation or termination of one or more of these persons could have a material adverse impact on the portfolio company and, in turn, on us; • they generally have less predictable operating results, may from time to time be parties to litigation, may be engaged in rapidly changing businesses with products subject to a substantial risk of obsolescence, and may require substantial additional capital to support their operations, finance expansion or maintain their competitive position; • our executive officers, directors and the Advisor may, in the ordinary course of business, be named as defendants in litigation arising from our investments in the portfolio companies; • changes in laws and regulations, as well as their interpretations, may adversely affect their respective businesses, financial structures or prospects; and • they may have difficulty accessing the capital markets to meet future capital needs. Limited public information exists about private middle-market companies, and we expect to rely on the Advisor’s investment professionals to obtain adequate information to evaluate the potential returns from investing in these companies. These companies and their financial information are not subject to the Sarbanes-Oxley Act of 2002 and other rules that govern disclosures and financial controls of public companies. If we are unable to uncover all material information about these companies, we may not make a fully informed investment decision, and we may lose money on our investment. Lower Credit Quality Obligations . Most of our debt investments are likely to be in lower grade obligations. The lower grade investments in which we invest may be rated below investment grade by one or more nationally-recognized statistical rating agencies at the time of investment or may be unrated but determined by the Advisor to be of comparable quality. Debt securities rated below investment grade are commonly referred to as “junk bonds” and are considered speculative with respect to the issuer’s capacity to pay interest and repay principal. The debt that we invest in typically is not rated prior to our investment by any rating agency, but we believe that if such investments were rated, they would be below investment grade (rated lower than “Baa3” by Moody’s Investors Service, lower than “BBB-” by Fitch Ratings or lower than “BBB-” by Standard & Poor’s). We may invest without limit in debt of any rating, as well as debt that has not been rated by any nationally recognized statistical rating organization. Investment in lower grade investments involves a substantial risk of loss. Lower grade securities or comparable unrated securities are considered predominantly speculative with respect to the issuer’s ability to pay interest and principal and are susceptible to default or decline in market value due to adverse economic and business developments. The market values for lower grade debt tend to be very volatile and are less liquid than investment grade securities. For these reasons, your investment in our company is subject to the following specific risks: • increased price sensitivity to a deteriorating economic environment; • greater risk of loss due to default or declining credit quality; • adverse company specific events are more likely to render the issuer unable to make interest and/or principal payments; and • if a negative perception of the lower grade debt market develops, the price and liquidity of lower grade securities may be depressed. This negative perception could last for a significant period of time. Adverse changes in economic conditions are more likely to lead to a weakened capacity of a lower grade issuer to make principal payments and interest payments than an investment grade issuer. The principal amount of lower grade securities outstanding has proliferated in the past decade as an increasing number of issuers have used lower grade securities for corporate financing. An economic downturn could severely affect the ability of highly leveraged issuers to service their debt obligations or to repay their obligations upon maturity. Similarly, downturns in profitability in specific industries could adversely affect the ability of lower grade issuers in that industry to meet their obligations. The market values of lower grade debt tend to reflect individual developments of the issuer to a greater extent than do higher quality investments, which react primarily to fluctuations in the general level of interest rates. Factors having an adverse impact on the market value of lower grade debt may have an adverse effect on our net asset value and the market value of our common stock. In addition, we may incur additional expenses to the extent we are required to seek recovery upon a default in payment of principal of or interest on our portfolio holdings. In certain circumstances, we may be required to foreclose on an issuer’s assets and take possession of its property or operations. In such circumstances, we would incur additional costs in disposing of such assets and potential liabilities from operating any business acquired. The secondary market for lower grade debt is unlikely to be as liquid as the secondary market for more highly rated debt, a factor which may have an adverse effect on our ability to dispose of a particular instrument. There are fewer dealers in the market for lower grade securities than investment grade obligations. The prices quoted by different dealers may vary significantly and the spread between the bid and asked price is generally larger than for higher quality instruments. Under adverse market or economic conditions, the secondary market for lower grade debt could contract further, independent of any specific adverse changes in the condition of a particular issuer, and these instruments may become highly illiquid. As a result, we could find it more difficult to sell these instruments or may be able to sell the securities only at prices lower than if such instruments were widely traded. Prices realized upon the sale of such lower rated or unrated securities, under these circumstances, may be less than the prices used in calculating our net asset value. Since investors generally perceive that there are greater risks associated with lower grade debt of the type in which we may invest a portion of our assets, the yields and prices of such debt may tend to fluctuate more than those for higher rated instruments. In the lower quality segments of the fixed income markets, changes in perceptions of issuers’ creditworthiness tend to occur more frequently and in a more pronounced manner than do changes in higher quality segments of the income securities market, resulting in greater yield and price volatility. Distressed Debt Securities Risk . At times, distressed debt obligations may not produce income and may require us to bear certain extraordinary expenses (including legal, accounting, valuation and transaction expenses) in order to protect and recover our investment. Therefore, our ability to achieve current income for our stockholders may be diminished. We also will be subject to significant uncertainty as to when and in what manner and for what value the distressed debt we invest in will eventually be satisfied (e.g., through a liquidation of the obligor’s assets, an exchange offer or plan of reorganization involving the distressed debt securities or a payment of some amount in satisfaction of the obligation). In addition, even if an exchange offer is made or plan of reorganization is adopted with respect to distressed debt we hold, there can be no assurance that the securities or other assets received by us in connection with such exchange offer or plan of reorganization will not have a lower value or income potential than may have been anticipated when the investment was made. Moreover, any securities received by us upon completion of an exchange offer or plan of reorganization may be restricted as to resale. As a result of our participation in negotiations with respect to any exchange offer or plan of reorganization with respect to an issuer of distressed debt, we may be restricted from disposing of such securities. Payment-in-kind Interest Risk . Our loans may contain a payment-in-kind, or PIK, interest provision. PIK investments carry additional risk as holders of these types of securities receive no cash until the cash payment date unless a portion of such securities is sold. If the issuer defaults the Company may obtain no return on its investment. The PIK interest, computed at the contractual rate specified in each loan agreement, is added to the principal balance of the loan and recorded as interest income. To avoid the imposition of corporate-level tax on us, this non-cash source of income needs to be paid out to stockholders in cash distributions or, in the event that we determine to do so and in certain cases, in shares of our common stock, even though we have not yet collected and may never collect the cash relating to the PIK interest. As a result, we may have to distribute a taxable stock dividend to account for PIK interest even though we have not yet collected the cash. Preferred Stock Risk . To the extent we invest in preferred securities, there are special risks, including: Deferral . Preferred securities may include provisions that permit the issuer, at its discretion, to defer distributions for a stated period without any adverse consequences to the issuer. If we own a preferred security that is deferring its distributions, we may be required to report income for tax purposes although we have not yet received such income. Subordination . Preferred securities are subordinated to bonds and other debt instruments in a company’s capital structure in terms of priority to corporate income and liquidation payments, and therefore will be subject to greater credit risk than more senior debt instruments. Liquidity . Preferred securities may be substantially less liquid than many other securities, such as common stocks or U.S. Government securities. Limited Voting Rights. Generally, preferred security holders have no voting rights with respect to the issuing company unless preferred dividends have been in arrears for a specified number of periods, at which time the preferred security holders may elect a number of directors to the issuer’s board. Generally, once all the arrearages have been paid, the preferred security holders no longer have voting rights. Equity Security Risk . We may have exposure to equity securities. Although equity securities have historically generated higher average total returns than fixed-income securities over the long term, equity securities also have experienced significantly more volatility in those returns. The equity securities that we acquire may fail to appreciate and may decline in value or become worthless.
Change in Market Value of Debt Securities
General Description of Registrant [Abstract]
Risk [Text Block]											A trading market or market value of our debt securities may fluctuate. In the event we issue debt securities, they may or may not have an established trading market. We cannot assure you that a trading market for debt securities will ever develop or be maintained if developed. In addition to our creditworthiness, many factors may materially adversely affect the trading market for, and market value of, debt securities we may issue. These factors include, but are not limited to, the following: • the time remaining to the maturity of these debt securities; • the outstanding principal amount of debt securities with terms identical to these debt securities; • the ratings assigned by national statistical ratings agencies; • the general economic environment; • the supply of debt securities trading in the secondary market, if any; • the redemption or repayment features, if any, of these debt securities; • the level, direction and volatility of market interest rates generally; and • market rates of interest higher or lower than rates borne by the debt securities. You should also be aware that there may be a limited number of buyers if and when you decide to sell your debt securities. This too may materially adversely affect the market value of the debt securities or the trading market for the debt securities.
Hedging Transactions
General Description of Registrant [Abstract]
Risk [Text Block]											We may expose ourselves to risks if we engage in hedging transactions. We may enter into hedging transactions, which could expose us to risks associated with such transactions. We may utilize instruments such as forward contracts and interest rate swaps, caps, collars and floors to seek to hedge against fluctuations in the relative values of our portfolio positions and amounts due under our debt arrangements from changes in market interest rates. Use of these hedging instruments may include counterparty credit risk. Utilizing such hedging instruments does not eliminate the possibility of fluctuations in the values of such positions and amounts due under our debt arrangements or prevent losses if the values of such positions decline. However, such hedging can establish other positions designed to gain from those same developments, thereby offsetting the decline in the value of such portfolio positions. Such hedging transactions may also limit the opportunity for gain if the values of the underlying portfolio positions should increase. Moreover, it may not be possible to hedge against an interest rate fluctuation that is so generally anticipated that we are not able to enter into a hedging transaction at an acceptable price. The Dodd-Frank Act has made broad changes to the OTC derivatives market, granted significant new authority to the CFTC and the SEC to regulate OTC derivatives (swaps and security-based swaps) and participants in these markets. The Dodd-Frank Act is intended to regulate the OTC derivatives market by requiring many derivative transactions to be cleared and traded on an exchange, expanding entity registration requirements, imposing business conduct requirements on dealers and requiring banks to move some derivatives trading units to a non-guaranteed affiliate separate from the deposit-taking bank or divest them altogether. The CFTC has implemented mandatory clearing and exchange-trading of certain OTC derivatives contracts including many standardized interest rate swaps and credit default index swaps. The CFTC continues to approve contracts for central clearing. Exchange-trading and central clearing are expected to reduce counterparty credit risk by substituting the clearinghouse as the counterparty to a swap and increase liquidity, but exchange-trading and central clearing do not make swap transactions risk-free. Uncleared swaps, such as non-deliverable foreign currency forwards, are subject to certain margin requirements that mandate the posting and collection of minimum margin amounts. This requirement may result in the portfolio and its counterparties posting higher margin amounts for uncleared swaps than would otherwise be the case. Certain rules require centralized reporting of detailed information about many types of cleared and uncleared swaps. Reporting of swap data may result in greater market transparency, but may subject a portfolio to additional administrative burdens, and the safeguards established to protect trader anonymity may not function as expected. Future CFTC or SEC rulemakings to implement the Dodd-Frank Act requirements could potentially limit or completely restrict our ability to use these instruments as a part of our investment strategy, increase the costs of using these instruments or make them less effective. Limits or restrictions applicable to the counterparties with which we engage in derivative transactions could also prevent us from using these instruments or affect the pricing or other factors relating to these instruments, or may change availability of certain investments. In addition, on October 28, 2020, the SEC adopted new regulations governing the use of derivatives by closed-end funds (“Rule 18f-4”), which the Company was required to comply with as of August 19, 2022. As a result, the Company is required to implement and comply with the Rule 18f-4 limits on the amount of derivatives the Company can enter into, eliminate the asset segregation framework previously used to comply with Section 18 of the 1940 Act, treat derivatives as senior securities so that a failure to comply with the limits would result in a statutory violation and require the Company, if the Company’s use of derivatives is more than a limited specified exposure amount (10% of net assets), to establish and maintain a comprehensive derivatives risk management program and appoint a derivatives risk manager. The success of our hedging transactions will depend on our ability to correctly predict movements and interest rates. Therefore, while we may enter into such transactions to seek to reduce interest rate risks, unanticipated changes in interest rates may result in poorer overall investment performance than if we had not engaged in any such hedging transactions. In addition, the degree of correlation between price movements of the instruments used in a hedging strategy and price movements in the portfolio positions being hedged may vary. Moreover, for a variety of reasons, we may not seek to establish a perfect correlation between such hedging instruments and the portfolio holdings or debt arrangements being hedged. Any such imperfect correlation may prevent us from achieving the intended hedge and expose us to risk of loss.
Credit Risk Related to Investments in Portfolio Companies
General Description of Registrant [Abstract]
Risk [Text Block]											We are subject to credit risk related to investments in our portfolio companies and with our financial institutions and counterparties. The Company has investments in lower rated and comparable quality unrated senior and junior secured, unsecured and subordinated debt securities and loans, which are subject to a greater degree of credit risk than more highly rated investments. The risk of loss due to default by the issuer is significantly greater for holders of such securities and loans, particularly in cases where the investment is unsecured or subordinated to other creditors of the issuer. The Company may be exposed to counterparty credit risk, or the risk that an entity with which the Company has unsettled or open transactions may fail to or be unable to perform on its commitments. The Company manages counterparty risk by entering into transactions only with counterparties that they believe have the financial resources to honor their obligations and by monitoring the financial stability of those counterparties. Financial assets, which potentially expose the Company to market, issuer and counterparty credit risks, consist principally of investments in portfolio companies. The extent of the Company’s exposure to market, issuer and counterparty credit risks with respect to these financial assets is generally approximated by their fair value recorded in the Consolidated Statements of Assets and Liabilities. The Company is also exposed to credit risk related to maintaining all of its cash at a major financial institution.
Investments Adversely Affect Determination of Net Asset Value
General Description of Registrant [Abstract]
Risk [Text Block]											Because our investments are generally not in publicly traded securities, there will be uncertainty regarding the value of our investments, which could adversely affect the determination of our net asset value. Our portfolio investments will generally not be in publicly traded securities. As a result, although we expect that some of our equity investments may trade on private secondary marketplaces, the fair value of our direct investments in portfolio companies will often not be readily determinable. Under the 1940 Act, investments for which there are no readily available market quotations, including securities that while listed on a private securities exchange have not actively traded, will be valued at fair value as determined using a consistently applied valuation process in accordance with our documented valuation policy that has been reviewed and approved by our board of directors. The Valuation Designee utilizes the services of an independent valuation firm, which prepares valuation reports on a quarterly basis for most of our portfolio investments that are not publicly traded or for which we do not have readily available market quotations, including securities that while listed on a private securities exchange, have not actively traded. However, the Valuation Designee retains ultimate authority as to the appropriate valuation of each such investment. The types of factors that the Valuation Designee takes into account in approving fair value with respect to such non-traded investments includes, as relevant and, to the extent available, the portfolio company’s earnings, the markets in which the portfolio company does business, comparison to valuations of publicly traded companies, comparisons to recent sales of comparable companies, the discounted value of the cash flows of the portfolio company and other relevant factors. This information may not be available because it is difficult to obtain financial and other information with respect to private companies, and even where we are able to obtain such information, there can be no assurance that it is complete or accurate. Because such valuations are inherently uncertain and may be based on estimates, our determinations of fair value may differ materially from the values that would be assessed if a readily available market for these securities existed. Due to this uncertainty, our fair value determinations with respect to any non-traded investments we hold may cause our net asset value on a given date to materially understate or overstate the value that we may ultimately realize on one or more of our investments. As a result, investors purchasing our securities based on an overstated net asset value may pay a higher price than the value of our investments might warrant. Conversely, investors selling securities based on a net asset value that understates the value of our investments may receive a lower price for their securities than the value of our investments might warrant.
Investments In Portfolio Companies
General Description of Registrant [Abstract]
Risk [Text Block]											We and the Advisor may be a party to legal proceedings in connection with our investments in our portfolio companies. From time to time, we and the Advisor may be a party to certain legal proceedings incidental to the normal course of our business, including the enforcement of our rights under contracts with our portfolio companies. While we cannot predict the outcome of these legal proceedings with certainty, we do not expect that these proceedings will have a material effect on our consolidated financial statements.
Controlling Equity Positions in Portfolio Companies
General Description of Registrant [Abstract]
Risk [Text Block]											We may not be in a position to exercise control over our portfolio companies or to prevent decisions by management of our portfolio companies that could decrease the value of our investments. We do not generally intend to take controlling equity positions in our portfolio companies. To the extent that we do not hold a controlling equity interest in a portfolio company, we are subject to the risk that such portfolio company may make business decisions with which we disagree, and the stockholders and management of such portfolio company may take risks or otherwise act in ways that are adverse to our interests. Due to the lack of liquidity for the debt and equity investments that we typically hold in our portfolio companies, we may not be able to dispose of our investments in the event we disagree with the actions of a portfolio company, and may therefore suffer a decrease in the value of our investments. In addition, we may not be in a position to control any portfolio company by investing in its debt securities. As a result, we are subject to the risk that a portfolio company in which we invest may make business decisions with which we disagree and the management of such company, as representatives of the holders of their common equity, may take risks or otherwise act in ways that do not serve our interests as debt investors.
Portfolio Companies Incur Debt
General Description of Registrant [Abstract]
Risk [Text Block]											Our portfolio companies may incur debt that ranks equally with, or senior to, our investments in such companies. The portfolio companies we invest in usually have, or may be permitted to incur, other debt that ranks equally with, or senior to, the debt securities in which we invest. By their terms, such debt instruments may provide that the holders are entitled to receive payment of interest or principal on or before the dates on which we are entitled to receive payments in respect of the debt securities in which we invest. Also, in the event of insolvency, liquidation, dissolution, reorganization or bankruptcy of a portfolio company, holders of debt instruments ranking senior to our investment in that portfolio company would typically be entitled to receive payment in full before we receive any distribution in respect of our investment. After repaying such senior creditors, such portfolio company may not have any remaining assets to use for repaying its obligation to us. In the case of debt ranking equally with debt securities in which we invest, we would have to share any distributions on an equal and ratable basis with other creditors holding such debt in the event of an insolvency, liquidation, dissolution, reorganization or bankruptcy of the relevant portfolio company. Additionally, certain loans that we make to portfolio companies may be secured on a second priority basis by the same collateral securing senior secured debt of such companies. The first priority liens on the collateral will secure the portfolio company’s obligations under any outstanding senior debt and may secure certain other future debt that may be permitted to be incurred by the portfolio company under the agreements governing the loans. The holders of obligations secured by the first priority liens on the collateral will generally control the liquidation of and be entitled to receive proceeds from any realization of the collateral to repay their obligations in full before us. In addition, the value of the collateral in the event of liquidation will depend on market and economic conditions, the availability of buyers and other factors. There can be no assurance that the proceeds, if any, from the sale or sales of all of the collateral would be sufficient to satisfy the loan obligations secured by the second priority liens after payment in full of all obligations secured by the first priority liens on the collateral. If such proceeds are not sufficient to repay amounts outstanding under the loan obligations secured by the second priority liens, then we, to the extent not repaid from the proceeds of the sale of the collateral, will only have an unsecured claim against the portfolio company’s remaining assets, if any. The rights we may have with respect to the collateral securing the loans we make to our portfolio companies with senior debt outstanding may also be limited pursuant to the terms of one or more intercreditor agreements, including agreements governing “first out” and “last out” structures, that we enter into with the holders of senior debt. Under such an intercreditor agreement, at any time that obligations that have the benefit of the first priority liens are outstanding, any of the following actions that may be taken in respect of the collateral will be in good faith under the direction of the holders of the obligations secured by the first priority liens: the ability to cause the commencement of enforcement proceedings against the collateral; the ability to control the conduct of such proceedings; the approval of amendments to collateral documents; releases of liens on the collateral; and waivers of past defaults under collateral documents. We may not have the ability to control or direct such actions, even if our rights are adversely affected. When we are a debt or minority equity investor in a portfolio company, we are often not in a position to exert influence on the entity, and other equity holders and management of the company may make decisions that could decrease the value of our portfolio holdings. When we make debt or minority equity investments, we are subject to the risk that a portfolio company may make business decisions with which we disagree and the other equity holders and management of such company may take risks or otherwise act in ways that do not serve our interests. As a result, a portfolio company may make decisions that could decrease the value of our investment. We may also make unsecured loans to portfolio companies, meaning that such loans will not benefit from any interest in collateral of such companies. Liens on such portfolio companies’ collateral, if any, will secure the portfolio company’s obligations under its outstanding secured debt and may secure certain future debt that is permitted to be incurred by the portfolio company under its secured loan agreements. The holders of obligations secured by such liens will generally control the liquidation of, and be entitled to receive proceeds from, any realization of such collateral to repay their obligations in full before us. In addition, the value of such collateral in the event of liquidation will depend on market and economic conditions, the availability of buyers and other factors. There can be no assurance that the proceeds, if any, from sales of such collateral would be sufficient to satisfy our unsecured loan obligations after payment in full of all secured loan obligations. If such proceeds were not sufficient to repay the outstanding secured loan obligations, then our unsecured claims would rank equally with the unpaid portion of such secured creditors’ claims against the portfolio company’s remaining assets, if any.
Subordinated Debt Investments
General Description of Registrant [Abstract]
Risk [Text Block]											There may be circumstances in which our debt investments could be subordinated to claims of other creditors or we could be subject to lender liability claims. If one of our portfolio companies were to go bankrupt, even though we may have structured our interest as senior debt, depending on the facts and circumstances, a bankruptcy court might recharacterize our debt holding as an equity investment and subordinate all or a portion of our claim to that of other creditors. In addition, lenders can be subject to lender liability claims for actions taken by them where they become too involved in the borrower’s business or exercise control over the borrower. For example, we could become subject to a lender’s liability claim, if, among other things, we actually render significant managerial assistance.
Investments in Leveraged Portfolio Companies
General Description of Registrant [Abstract]
Risk [Text Block]											Our portfolio companies may be highly leveraged. Some of our portfolio companies may be highly leveraged, which may have adverse consequences to these companies and to us as an investor. These companies may be subject to restrictive financial and operating covenants and the leverage may impair these companies’ ability to finance their future operations and capital needs. As a result, these companies’ flexibility to respond to changing business and economic conditions and to take advantage of business opportunities may be limited. Further, a leveraged company’s income and net assets will tend to increase or decrease at a greater rate than if borrowed money were not used.
Prepayment Reduce Stated Yields
General Description of Registrant [Abstract]
Risk [Text Block]											Our portfolio companies may prepay loans, which prepayment may reduce stated yields in the future if capital returned cannot be invested in transactions with equal or greater expected yields. Certain of the loans we make are prepayable at any time, some of them of them at no premium to par. We cannot predict when such loans may be prepaid. Whether a loan is prepaid will depend both on the continued positive performance of the portfolio company and the existence of favorable financing market conditions that permit such company to replace existing financing with less expensive capital. As market conditions change frequently, it is unknown when, and if, this may be possible for each portfolio company. In the case of some of these loans, having the loan prepaid early may reduce the achievable yield for the Company in the future below the current yield disclosed for our portfolio if the capital returned cannot be invested in transactions with equal or greater expected yields.
Investment Concentration Risk
General Description of Registrant [Abstract]
Risk [Text Block]											Concentration of our assets in an issuer, industry or sector may present more risks than if we were more broadly diversified over numerous issuers, industries and sectors of the economy. We are classified as a non-diversified investment company within the meaning of the 1940 Act, which means that we are not limited by the 1940 Act with respect to the proportion of our assets that we may invest in securities of a single issuer. To the extent that we assume large positions in the securities of a small number of issuers, our net asset value may fluctuate to a greater extent than that of a diversified investment company as a result of changes in the financial condition or the market’s assessment of the issuer. We may also be more susceptible to any single economic or regulatory occurrence than a diversified investment company. In addition, we may, from time to time, invest a substantial portion of our assets in the securities of issuers in any single industry or sector of the economy or in only a few issuers. We cannot predict the industries or sectors in which our investment strategy may cause us to concentrate and cannot predict the level of our diversification among issuers to ensure that we satisfy diversification requirements for qualification as a RIC for U.S. federal income tax purposes. A downturn in an industry or sector in which we are concentrated would have a larger impact on us than on a company that does not concentrate in that particular industry or sector. Furthermore, the Advisor has not made and does not intend to make any determination as to the allocation of assets among different classes of securities. At any point in time we may be highly concentrated in a single type of asset, such as junior unsecured loans or distressed debt. Consequently, events which affect a particular asset class disproportionately could have an equally disproportionate effect on us.
Failure to Make Follow on Investments
General Description of Registrant [Abstract]
Risk [Text Block]											Our failure to make follow-on investments in our portfolio companies could impair the value of our portfolio. Following an initial investment in a portfolio company, we may make additional investments in that portfolio company as “follow-on” investments in order to: (1) increase or maintain in whole or in part our equity ownership percentage; (2) exercise warrants, options or convertible securities that were acquired in the original or subsequent financing; or (3) attempt to preserve or enhance the value of our initial investment. We may elect not to make follow-on investments or otherwise lack sufficient funds to make those investments. Our failure to make follow-on investments may, in some circumstances, jeopardize the continued viability of a portfolio company and our initial investment, or may result in a missed opportunity for us to increase our participation in a successful operation. Even if we have sufficient capital to make a desired follow-on investment, we may elect not to make such follow-on investment because we may not want to increase our concentration of risk, because we prefer other opportunities, because we are inhibited by compliance with BDC requirements or because we desire to maintain our tax status.
Investments in Foreign Securities
General Description of Registrant [Abstract]
Risk [Text Block]											Our investments in foreign securities may involve significant risks in addition to the risks inherent in U.S. investments. Our investment strategy contemplates that a portion of our investments may be in securities of foreign companies in order to provide diversification or to complement our U.S. investments, although we are required generally to invest at least 70% of our assets in companies organized and having their principal place of business within the U.S. and its possessions. Accordingly, we may invest on an opportunistic basis in certain non-U.S. companies, including those located in emerging markets, that otherwise meet our investment criteria. In regards to the regulatory requirements for business development companies, some of these investments may not qualify as investments in “eligible portfolio companies,” and thus may not be considered “qualifying assets.” “Eligible portfolio companies” generally include U.S. companies that are not investment companies and that do not have securities listed on a national exchange. If at any time less than 70% of our gross assets are comprised of qualifying assets, including as a result of an increase in the value of any non-qualifying assets or decrease in the value of any qualifying assets, we would generally not be permitted to acquire any additional non-qualifying assets until such time as 70% of our then current gross assets were comprised of qualifying assets. We would not be required, however, to dispose of any non-qualifying assets in such circumstances. In addition, investing in foreign companies, and particularly those in emerging markets, may expose us to additional risks not typically associated with investing in U.S. companies. These risks include changes in exchange control regulations, political and social instability, expropriation, imposition of foreign taxes, less liquid markets and less available information than is generally the case in the United States, higher transaction costs, less government supervision of exchanges, brokers and issuers, less developed bankruptcy laws, difficulty in enforcing contractual obligations, lack of uniform accounting and auditing standards and greater price volatility. These risks may be more pronounced for portfolio companies located or operating primarily in emerging markets, whose economies, markets and legal systems may be less developed. Further, we may have difficulty enforcing our rights as equity holders in foreign jurisdictions. In addition, to the extent we invest in non-U.S. companies, we may face greater exposure to foreign economic developments. Although it is anticipated that most of our investments will be denominated in U.S. dollars, our investments that are denominated in a foreign currency will be subject to the risk that the value of a particular currency may change in relation to the U.S. dollar. Among the factors that may affect currency values are trade balances, the level of short-term interest rates, differences in relative values of similar assets in different currencies, long-term opportunities for investment and capital appreciation and political developments. We may employ hedging techniques to minimize these risks, but we can offer no assurance that we will, in fact, hedge currency risk or, that if we do, such strategies will be effective. As a result, a change in currency exchange rates may adversely affect our profitability.
Investments in Financial Services
General Description of Registrant [Abstract]
Risk [Text Block]											Our investments in the financial services sector are subject to various risks including volatility and extensive government regulation. These risks include the effects of changes in interest rates on the profitability of financial services companies, the rate of corporate and consumer debt defaults, price competition, governmental limitations on a company’s loans, other financial commitments, product lines and other operations and recent ongoing changes in the financial services industry (including consolidations, development of new products and changes to the industry’s regulatory framework). Insurance companies have additional risks, such as heavy price competition, claims activity and marketing competition, and can be particularly sensitive to specific events such as man-made and natural disasters (including weather catastrophes), terrorism, mortality risks and morbidity rates.
Investments in Internet Software and Services
General Description of Registrant [Abstract]
Risk [Text Block]											Our investments in the Software, Internet & Catalog Retail, and IT Services sector are subject to various risks, including intellectual property infringement issues and rapid technological changes, which may adversely affect our performance. Each industry contains certain industry related credit risks. General risks of companies in the Software, Internet & Catalog Retail, and IT Services sector include intellectual property infringement liability issues, the inability to protect Internet software and other propriety technology, extensive competition and limited barriers to entry. Generally, the market for Internet software and services is categorized by rapid technological change, evolving industry standards, changes in customer requirements and frequent new product introduction and enhancements. If a portfolio company in the Internet software and services sector cannot develop new products and enhance its current products in response to technological changes and competing products, its business and operating results will be negatively affected. In addition, there has been a substantial amount of litigation in the Internet software and services relating to intellectual property rights. Regardless of whether claims that a company is infringing patents or other intellectual property have any merit, these claims are time-consuming and costly. Moreover, an Internet software and services company must monitor the unauthorized use of its intellectual property, which may be difficult and costly. A company’s failure to protect its intellectual property could put it at a disadvantage to its competitors and harm its business, results of operations and financial condition. If an internet software and services company in which we invest is unable to navigate these risks, our performance may be adversely affected.
Global Climate Change
General Description of Registrant [Abstract]
Risk [Text Block]											The effect of global climate change may impact the operations of our portfolio companies. There may be evidence of global climate change. Climate change creates physical and financial risk and some of our portfolio companies may be adversely affected by climate change. For example, the needs of customers of energy companies vary with weather conditions, primarily temperature and humidity. To the extent weather conditions are affected by climate change, energy use could increase or decrease depending on the duration and magnitude of any changes. Increases in the cost of energy could adversely affect the cost of operations of our portfolio companies if the use of energy products or services is material to their business. A decrease in energy use due to weather changes may affect some of our portfolio companies’ financial condition, through decreased revenues. Extreme weather conditions in general require more system backup, adding to costs, and can contribute to increased system stresses, including service interruptions.
Invest in Covenant Lite Loans
General Description of Registrant [Abstract]
Risk [Text Block]											We may invest in “covenant-lite” loans, which could have limited investor protections. We may invest in, or obtain exposure to, obligations that may be “covenant-lite,” which means such obligations lack, or possess fewer, financial covenants that protect lenders. Covenant-lite agreements feature incurrence covenants, as opposed to more restrictive maintenance covenants. Under a maintenance covenant, the borrower would need to meet regular, specific financial tests, while under an incurrence covenant, the borrower only would be required to comply with the financial tests at the time it takes certain actions (e.g., issuing additional debt, paying a dividend, making an acquisition). A covenant-lite obligation contains fewer maintenance covenants than other obligations, or no maintenance covenants, and may not include terms that allow the lender to monitor the performance of the borrower and declare a default if certain criteria are breached. Furthermore, in the event of default, covenant-lite loans may exhibit diminished recovery values as the lender may not have the opportunity to negotiate with the borrower prior to default.
SEC Permitting Certain Affiliated Investments Subject to Certain Conditions
General Description of Registrant [Abstract]
Risk [Text Block]											While our ability to enter into transactions with our affiliates is restricted under the 1940 Act, we have received an exemptive order from the SEC permitting certain affiliated investments subject to certain conditions. As a result, the Advisor may face conflicts of interests and investments made pursuant to the exemptive order conditions could in certain circumstances adversely affect the price paid or received by us or the availability or size of the position purchased or sold by us. Any person that owns, directly or indirectly, 5% or more of our outstanding voting securities or is managed by the Advisor will generally be our affiliate for purposes of the 1940 Act and we are generally prohibited from participating in certain transactions such as co-investing with, or buying or selling any security from or to, such affiliate, absent the prior approval of our independent directors and, in some cases, of the SEC. However, the Advisor and the funds managed by the Advisor have received an exemption from certain SEC regulations prohibiting transactions with affiliates. The exemptive order requires that certain procedures be followed prior to making an investment subject to the order and such procedures could in certain circumstances adversely affect the price paid or received by us or the availability or size of the position purchased or sold by us. The Advisor may also face conflicts of interest in making investments pursuant to the exemptive order. The 1940 Act also prohibits certain “joint” transactions with certain of our affiliates, which could include investments in the same portfolio company (whether at the same or different times), without prior approval of our independent directors and, in some cases, of the SEC. We are prohibited from buying or selling any security from or to any person who owns more than 25% of our voting securities and from or to certain of that person’s affiliates, or entering into prohibited joint transactions with such persons, absent the prior approval of the SEC (other than certain limited situations pursuant to current regulatory guidance). The analysis of whether a particular transaction constitutes a joint transaction requires a review of the relevant facts and circumstances relating to the particular transaction. Similar restrictions limit our ability to transact business with our officers or directors or their affiliates.
Regulations Governing Operation As BDC Affect Ability And Raise Additional Capital
General Description of Registrant [Abstract]
Risk [Text Block]											Regulations governing our operation as a BDC may limit our ability to, and the way in which we raise additional capital, which could have a material adverse impact on our liquidity, financial condition and results of operations and may hinder the Advisor's ability to take advantage of attractive investment opportunities and to achieve our investment objective. Our business requires a substantial amount of capital. We may acquire additional capital from the issuance of additional shares of our common stock or from the additional issuance of senior securities (including debt and preferred stock). However, we may not be able to raise additional capital in the future on favorable terms or at all. We may issue debt securities or preferred securities, which we refer to collectively as “senior securities,” and we may borrow money from banks or other financial institutions, up to the maximum amount permitted by the 1940 Act. The 1940 Act permits us to issue senior securities or incur indebtedness only in amounts such that our asset coverage, as defined in the 1940 Act, equals at least 150% after such issuance or incurrence. If the value of our assets declines, we may be unable to satisfy this test. If that happens, we may be required to liquidate a portion of our investments and repay a portion of our indebtedness at a time when such sales may be disadvantageous. If the value of our assets declines, we may be unable to satisfy this test. If that happens, we may be required to liquidate a portion of our investments and repay a portion of our indebtedness at a time when such sales may be disadvantageous. • Senior Securities . As a result of issuing senior securities, we would also be exposed to typical risks associated with leverage, including an increased risk of loss. If we issue preferred securities they would rank “senior” to common stock in our capital structure, preferred stockholders would have separate voting rights and may have rights, preferences or privileges more favorable than those of our common stockholders. Furthermore, the issuance of preferred securities could have the effect of delaying, deferring or preventing a transaction or a change of control that might involve a premium price for our common stockholders or otherwise be in the best interests of our common stockholders. • Additional Common Stock . Our Board of Directors may decide to issue common stock to finance our operations rather than issuing debt or other senior securities. As a BDC, we are generally not able to issue our common stock at a price below net asset value, or issue securities convertible into common stock, without first obtaining the required approvals from our stockholders and our independent directors. If our common stock trades at a discount to net asset value, those restrictions could adversely affect our ability to raise equity capital. Except in connection with the exercise of warrants or the conversion of convertible securities, in any such case the price at which our securities are to be issued and sold may not be less than a price, that in the determination of our board of directors, closely approximates the market value of such securities at the relevant time. We may also make rights offerings to our stockholders. If we raise additional capital by issuing more common stock or senior securities convertible into, or exchangeable for, our common stock, the percentage ownership of our common stockholders at that time would decrease, and our common stockholders may experience dilution.
Changes in Laws or Regulations Governing Business
General Description of Registrant [Abstract]
Risk [Text Block]											Changes in the laws or regulations governing our business or the business of our portfolio companies, or changes in the interpretations thereof or newly enacted legislation and regulations, and any failure by us or our portfolio companies to comply with these laws or regulations, could have a material adverse effect on our business, results of operations or financial condition of us or our portfolio companies. We are subject to changing rules and regulations of federal and state governments, as well as the stock exchange in which our common stock is listed. These entities, including the Public Company Accounting Oversight Board, the SEC and The Nasdaq Global Select Market, have issued a significant number of new and increasingly complex requirements and regulations over the course of the last several years and continue to develop additional regulations. Changes in the laws or regulations or the interpretations of the laws and regulations that govern BDCs, RICs or non-depository commercial lenders could significantly affect our operations and our cost of doing business. We are subject to federal, state and local laws and regulations and are subject to judicial and administrative decisions that affect our operations, including our loan originations, maximum interest rates, fees and other charges, disclosures to portfolio companies, the terms of secured transactions, collection and foreclosure procedures and other trade practices. If these laws, regulations or decisions change, or if we expand our business into jurisdictions that have adopted more stringent requirements than those in which we currently conduct business, we may have to incur significant expenses in order to comply, or we might have to restrict our operations. In addition, if we do not comply with applicable laws, regulations and decisions, we may lose licenses needed for the conduct of our business and may be subject to civil fines and criminal penalties, any of which could have a material adverse effect upon our business, results of operations of financial condition.
Invest Sufficient Portion of Assets in Qualifying Assets
General Description of Registrant [Abstract]
Risk [Text Block]											If we do not invest a sufficient portion of our assets in qualifying assets, we could be precluded from investing in certain assets or could be required to dispose of certain assets, which could have a material adverse effect on our business, financial condition and results of operations. As a BDC, we are prohibited from acquiring any assets other than “qualifying assets” unless, at the time of and after giving effect to such acquisition, at least 70% of our total assets are qualifying assets. As of December 31, 2022, approximately $269.8 million, or approximately 15.7%, of our adjusted total assets were not “qualifying assets.” If we do not invest a sufficient portion of our assets in qualifying assets, we will be prohibited from investing in additional non-qualifying assets, which could have a material adverse effect on our business, financial condition and results of operations. Similarly, these rules could prevent us from making follow-on investments in existing portfolio companies (which could result in the dilution of our position) or could require us to dispose of investments at inopportune times in order to come into compliance with the 1940 Act. If we need to dispose of these investments quickly, it may be difficult to dispose of such investments on favorable terms. For example, we may have difficulty in finding a buyer and, even if a buyer is found, we may have to sell the investments at a substantial loss.
Regulated Investment Company Status
General Description of Registrant [Abstract]
Risk [Text Block]											We will be subject to corporate-level U.S. federal income tax on all of our income if we are unable to qualify as a RIC under the Code, which could have a material adverse effect on our financial performance. Although we are currently qualified as a RIC, no assurance can be given that we will be able to maintain RIC status. To maintain RIC status and be relieved of U.S. federal income taxes on income and gains distributed to its stockholders, we generally must meet the annual distribution, source-of-income and asset diversification requirements described below. In addition, our Leverage Program prohibits us from making distributions if doing so causes us to fail to maintain the asset coverage ratios stipulated by the 1940 Act or the Leverage Program. To qualify as a RIC under the Code, we generally must meet certain source-of-income, asset diversification and annual distribution requirements. The annual distribution requirement for a RIC will generally be satisfied if we distribute at least 90% of our ordinary income and net short-term capital gain in excess of net long-term capital loss, if any, to our stockholders. Since we use debt financing, we are subject to certain asset coverage ratio requirements and other financial covenants under the terms of the Leverage Program, and we are, in some circumstances, also subject to similar requirements under the 1940 Act. The requirements could, under certain circumstances, restrict us from making distributions necessary to qualify as a RIC. If we are unable to obtain cash from other sources, we may fail to qualify as a RIC and, thus, may be subject to corporate-level income tax. To qualify as a RIC, we generally must also meet certain asset diversification requirements at the end of each calendar quarter. Failure to meet these tests may result in our having to dispose of certain investments quickly in order to prevent the loss of RIC status. Because we anticipate that most of our investments will be in private companies, any such dispositions could be made at disadvantageous prices and may result in substantial losses. If we fail to qualify as a RIC for any reason and become subject to corporate-level income tax, the resulting corporate-level income taxes could substantially reduce our net assets, the amount of income available for distribution and the amount of our distributions.
Risk in Investors Equity Securities
General Description of Registrant [Abstract]
Risk [Text Block]											There is a risk that you may not receive distributions or that our distributions may not grow over time and a portion of our distributions may be a return of capital. We intend to make distributions on a quarterly basis to our stockholders out of assets legally available for distribution. We cannot assure you that we will achieve investment results that will allow us to make a specified level of cash distributions or year-to-year increases in cash distributions. Our ability to pay distributions might be adversely affected by the impact of one or more of the risk factors described in this filing. Due to the asset coverage test applicable to us under the 1940 Act as a BDC, we may be limited in our ability to make distributions. Additionally, a portion of such distributions may include a return of stockholder capital. Distributions in excess of our current and accumulated earnings and profits are considered nontaxable distributions and serve to reduce the basis of our shares in the hands of the common stockholders rather than being currently taxable. As a result of the reduction of the basis of our shares, common stockholders may incur additional capital gains taxes or may have lower capital losses.
Failure of Effective System of Internal Control
General Description of Registrant [Abstract]
Risk [Text Block]											If we fail to maintain an effective system of internal control over financial reporting, we may not be able to accurately report our financial results or prevent fraud. As a result, stockholders could lose confidence in our financial and other public reporting, which would harm our business and the trading price of our common stock. Effective internal controls over financial reporting are necessary for us to provide reliable financial reports and, together with adequate disclosure controls and procedures, are designed to prevent fraud. Any failure to implement required new or improved controls, or difficulties encountered in their implementation could cause us to fail to meet our reporting obligations. In addition, any testing by us conducted in connection with Section 404 of the Sarbanes-Oxley Act, or the subsequent testing by our independent registered public accounting firm (when undertaken, as noted below), may reveal deficiencies in our internal controls over financial reporting that are deemed to be material weaknesses or that may require prospective or retroactive changes to our consolidated financial statements or identify other areas for further attention or improvement. Inferior internal controls could also cause investors and lenders to lose confidence in our reported financial information, which could have a negative effect on the trading price of our common stock.
Cyber Security Risks
General Description of Registrant [Abstract]
Risk [Text Block]											We may experience cyber-security incidents and are subject to cyber-security risks. Our business operations rely upon secure information technology systems for data processing, storage and reporting. Despite careful security and controls design, implementation and updating, our information technology systems could become subject to cyber-attacks. Cyber-attacks include, but are not limited to, gaining unauthorized access to digital systems (e.g., through “hacking” or malicious software coding) for purposes of misappropriating assets or sensitive information, corrupting data, or causing operational disruption. Cyber-attacks may also be carried out in a manner that does not require gaining unauthorized access, such as causing denial-of-service attacks on websites (i.e., efforts to make network services unavailable to intended users). Network, system, application and data breaches could result in operational disruptions or information misappropriation, which could have a material adverse effect on our business, results of operations and financial condition. Cyber-security failures or breaches by the Advisor, any sub-adviser(s) and other service providers (including, but not limited to, accountants, custodians, transfer agents and administrators), and the issuers of securities in which we invest, have the ability to cause disruptions and impact business operations, potentially resulting in financial losses, interference with our ability to calculate our net asset value, impediments to trading, the inability of our stockholders to transact business, violations of applicable privacy and other laws, regulatory fines, penalties, reputational damage, reimbursement or other compensation costs, or additional compliance costs. In addition, substantial costs may be incurred in order to prevent any cyber incidents in the future. While we have established a business continuity plan in the event of, and risk management systems to prevent, such cyberattacks, there are inherent limitations in such plans and systems including the possibility that certain risks have not been identified. Furthermore, we cannot control the cyber security plans and systems put in place by our service providers and issuers in which we invest. We and our stockholders could be negatively impacted as a result.
Failure in Cyber Security Systems
General Description of Registrant [Abstract]
Risk [Text Block]											The failure in cyber-security systems, as well as the occurrence of events unanticipated in our disaster recovery systems and management continuity planning could impair our ability to conduct business effectively. The occurrence of a disaster such as a cyber-attack, a natural catastrophe, an industrial accident, a terrorist attack or war, events unanticipated in our disaster recovery systems, or a support failure from external providers, could have an adverse effect on our ability to conduct business and on our results of operations and financial condition, particularly if those events affect our computer-based data processing, transmission, storage, and retrieval systems or destroy data. If a significant number of our managers were unavailable in the event of a disaster, our ability to effectively conduct our business could be severely compromised. We depend heavily upon computer systems to perform necessary business functions. Despite our implementation of a variety of security measures, our computer systems could be subject to cyber-attacks and unauthorized access, such as physical and electronic break-ins or unauthorized tampering. Like other companies, we may experience threats to our data and systems, including malware and computer virus attacks, unauthorized access, system failures and disruptions. If one or more of these events occurs, it could potentially jeopardize the confidential, proprietary and other information processed and stored in, and transmitted through, our computer systems and networks, or otherwise cause interruptions or malfunctions in our operations, which could result in damage to our reputation, financial losses, litigation, increased costs, regulatory penalties and/or customer dissatisfaction or loss.
Information Systems and Systems Failures
General Description of Registrant [Abstract]
Risk [Text Block]											We are dependent on information systems and systems failures could significantly disrupt our business, which may, in turn, negatively affect the market price of our common stock and our ability to pay dividends. Our business is dependent on our and third parties’ communications and information systems. Further, in the ordinary course of our business we or the Advisor may engage certain third party service providers to provide us with services necessary for our business. Any failure or interruption of those systems or services, including as a result of the termination or suspension of an agreement with any third-party service providers, could cause delays or other problems in our business activities. Our financial, accounting, data processing, backup or other operating systems and facilities may fail to operate properly or become disabled or damaged as a result of a number of factors including events that are wholly or partially beyond our control and adversely affect our business. There could be: • sudden electrical or telecommunications outages; • natural disasters such as earthquakes, tornadoes and hurricanes; • disease pandemics; • events arising from local or larger scale political or social matters, including terrorist acts; and • cyber-attacks. These events, in turn, could have a material adverse effect on our operating results and negatively affect the market price of our common stock and our ability to pay dividends to our stockholders.
Common Stock Traded at Discount from Net Asset Value
General Description of Registrant [Abstract]
Risk [Text Block]											Our shares of common stock have traded at a discount from net asset value and may do so again in the future, which could limit our ability to raise additional equity capital. Shares of closed-end investment companies, including BDCs, may trade at a market discount from net asset value. This characteristic of closed-end investment companies and BDCs is separate and distinct from the risk that our net asset value per share may decline. In the past, the stocks of BDCs as an industry, including shares of our common stock, have traded below net asset value and at historic lows as a result of concerns over liquidity, leverage restrictions and distribution requirements. When our common stock is trading below its net asset value per share, we will generally not be able to issue additional shares of our common stock at its market price without first obtaining approval for such issuance from our stockholders and our independent directors. At our annual meeting of stockholders held on May 24, 2022, subject to certain conditions and Board of Directors determinations, our stockholders approved our ability to sell or otherwise issue shares of our common stock at a price below its then current net asset value per share for a 12-month period expiring on the anniversary of the date of stockholder approval, unless approved again by our stockholders for another 12-month period.
Investing in Common Stock Involve Above Degree of Risk
General Description of Registrant [Abstract]
Risk [Text Block]											Investing in our common stock may involve an above average degree of risk. The investments we make in accordance with our investment objective may result in a higher amount of risk than alternative investment options and a higher risk of volatility or loss of principal. Our investments in portfolio companies involve higher levels of risk, and therefore, an investment in our common stock may not be suitable for someone with lower risk tolerance.
Significant Fluctualtions in Market Price of Common Stock
General Description of Registrant [Abstract]
Risk [Text Block]											The market price of our common stock may fluctuate significantly. The market price and liquidity of the market for our common stock may be significantly affected by numerous factors, some of which are beyond our control and may not be directly related to our operating performance. These factors include: • volatility in the market price and trading volume of securities of BDCs or other companies in the sector in which we operate, which are not necessarily related to the operating performance of these companies; • price and volume fluctuations in the overall stock market from time to time; • changes in law, regulatory policies or tax guidelines, particularly with respect to SBICs, RICs or BDCs; • loss of RIC status or the SBIC’s loss of SBIC status; • changes in earnings or variations in operating results; • changes in the value of our portfolio of investments; • any shortfall in revenue or net income or any increase in losses from levels expected by investors or securities analysts; • departure of key personnel from the Advisor; • operating performance of companies comparable to us; • short-selling pressure with respect to shares of our common stock or BDCs generally; • future sales of our securities convertible into or exchangeable or exercisable for our common stock or the conversion of such securities; • uncertainty surrounding the strength of the U.S. economic recovery; • general economic trends and other external factors; and • loss of a major funding source.
Stockholders Likely Incur Dilution if Common Stock Issued at Discount to Net Asset Value per Share
General Description of Registrant [Abstract]
Risk [Text Block]											Stockholders will likely incur dilution if we sell or otherwise issue shares of our common stock or securities to subscribe for or convertible into shares of our common stock at prices below the then current net asset value per share of our common stock. We generally seek approval from our stockholders so that we have the flexibility to issue up to 25% of our then outstanding shares of our common stock immediately prior to any such sale at a price below net asset value. Pursuant to approval granted at our annual of stockholders held on May 24, 2022, we currently are permitted to sell or otherwise issue shares of our common stock at a price below net asset value, subject to certain limitations and determinations that must be made by our board of directors. Such stockholder approval expires on May 24, 2023. We also received authority from our stockholders at our 2013 annual meeting to issue warrants, options or other rights to subscribe for, convert to, or purchase shares of our common stock, which may include convertible preferred stock and convertible debentures. This authorization has no expiration date. In addition, we may also issue shares of common stock in certain limited circumstances under our dividend reinvestment plan and under interpretive advice issued by the Internal Revenue Service, and we may also issue subscription rights exercisable for shares of common stock at a price below net asset value per share in accordance with the requirements of the 1940 Act. Any sale or other issuance of shares of our common stock at a price below net asset value per share would result in an immediate dilution to the net asset value per share. This dilution would occur as a result of a proportionately greater decrease in a stockholder’s interest in our earnings and assets and voting interest in us than the increase in our assets resulting from such issuance. Because the number of shares of common stock that could be so issued and the timing of any issuance is not currently known, the actual dilutive effect cannot be predicted. Such effects may be material, and we undertake to describe material risks and dilutive effects of any offering that we make at a price below our then current net asset value in the future in a prospectus supplement issued in connection with any such offering. We cannot predict whether shares of our common stock will trade above, at or below our net asset value. If we were to sell our common stock at prices below net asset value for a sustained period of time, such sales may result in an increased risk of our common stock trading at a discount to its net asset value.
Capital-raising Activities Adverse Effect on Market Price of Common Stock
General Description of Registrant [Abstract]
Risk [Text Block]											Our capital-raising activities may have an adverse effect on the market price of our common stock. When we issue securities or incur debt, we generally obtain cash or cash equivalents. Any increase in our holdings of cash or cash equivalents could adversely affect the prevailing market prices for our common stock, especially if we are unable to timely deploy the capital in suitable investments. The adverse impact on the prevailing market prices for our common stock could be greater if we issue debt securities or other securities requiring the payment of interest and are unable to timely deploy the capital in suitable investments.
Dividends Paid in Stock May Require to Pay Tax in Excess of Cash Recieved
General Description of Registrant [Abstract]
Risk [Text Block]											We may choose to pay dividends in our own stock, in which case you may be required to pay tax in excess of the cash you receive. We may distribute taxable dividends that are payable to our stockholders in part through the issuance of shares of our common stock. Under certain applicable provisions of the Code and the Treasury regulations and a revenue procedure issued by the Internal Revenue Service, a RIC may treat a distribution of its own stock as fulfilling its RIC distribution requirements if each stockholder may elect to receive his or her entire distribution in either cash or stock of the RIC, subject to a limitation that the aggregate amount of cash to be distributed to all stockholders must be at least 20% of the aggregate declared distribution. If too many stockholders elect to receive their distributions in cash, we must allocate the cash available for distribution among the stockholders electing to receive cash (with the balance of the distribution paid in shares of our common stock). If we decide to make any distributions consistent with this revenue procedure that are payable in part in our stock, U.S. taxable stockholders receiving such dividends generally will be required to include the full amount of the dividend (whether received in cash, our stock, or a combination thereof) as ordinary income (or as long-term capital gain to the extent such distribution is properly reported as a capital gain dividend) to the extent of our current and accumulated earnings and profits for U.S. federal income tax purposes. As a result, a U.S. stockholder may be required to pay tax with respect to such dividends in excess of any cash received. If a U.S. stockholder sells the stock it receives as a dividend in order to pay this tax, the sales proceeds may be less than the amount included in income with respect to the dividend, depending on the market price of our stock at the time of the sale. Furthermore, with respect to non-U.S. stockholders, we may be required to withhold U.S. tax with respect to such dividends, including in respect of all or a portion of such dividend that is payable in stock. If a significant number of our stockholders determine to sell shares of our stock in order to pay taxes owed on dividends, it may put downward pressure on the trading price of our stock. In addition, to the extent our stock is trading below our net asset value per share, our net asset value per share will be diluted.
Issuance of Preferred Stock Cause Net Asset Value and Market Value of Common Stock Volatile
General Description of Registrant [Abstract]
Risk [Text Block]											If we issue preferred stock, the net asset value and market value of our common stock may become more volatile. We cannot assure you that the issuance of preferred stock would result in a higher yield or return to the holders of our common stock. The issuance of preferred stock would likely cause the net asset value and market value of our common stock to become more volatile. If the dividend rate on the preferred stock were to approach the net rate of return on our investment portfolio, the benefit of leverage to the holders of our common stock would be reduced. If the dividend rate on the preferred stock were to exceed the net rate of return on our portfolio, the leverage would result in a lower rate of return to the holders of our common stock than if we had not issued preferred stock. Any decline in the net asset value of our investment would be borne entirely by the holders of our common stock. Therefore, if the market value of our portfolio were to decline, the leverage would result in a greater decrease in net asset value to the holders of our common stock than if we were not leveraged through the issuance of preferred stock. This greater net asset value decrease would also tend to cause a greater decline in the market price of our common stock. We might be in danger of failing to maintain the required asset coverage of the preferred stock or of losing our ratings on the preferred stock or, in an extreme case, our current investment income might not be sufficient to meet the dividend requirements on the preferred stock. In order to counteract such an event, we might need to liquidate investments in order to fund a redemption of some or all of the preferred stock. In addition, we would pay (and the holders of our common stock would bear) all costs and expenses relating to the issuance and ongoing maintenance of the preferred stock, including higher Incentive Fees if our total return exceeds the dividend rate on the preferred stock. Holders of preferred stock may have different interests than holders of common stock and may at times have disproportionate influence over our affairs.
Issuance of Preferred Stock Adversely Affect Market Value of Common Stock
General Description of Registrant [Abstract]
Risk [Text Block]											We may in the future determine to issue preferred stock, which could adversely affect the market value of our common stock. The issuance of shares of preferred stock with dividend or conversion rights, liquidation preferences or other economic terms favorable to the holders of preferred stock could adversely affect the market price for our common stock by making an investment in the common stock less attractive. In addition, the dividends on any preferred stock we issue must be cumulative. Payment of dividends and repayment of the liquidation preference of preferred stock must take preference over any dividends or other payments to our common stockholders, and holders of preferred stock are not subject to any of our expenses or losses and are not entitled to participate in any income or appreciation in excess of their stated preference (other than convertible preferred stock that converts into common stock). In addition, under the 1940 Act, preferred stock constitutes a “senior security” for purposes of the asset coverage test.
Holders of Preferred Stock Would Have Right to Elect Members of Board of Directors and Class Voting Rights
General Description of Registrant [Abstract]
Risk [Text Block]											Holders of any preferred stock we might issue would have the right to elect members of our Board of Directors and class voting rights on certain matters. Holders of any preferred stock we might issue, voting separately as a single class, would have the right to elect two members of our Board of Directors at all times and in the event dividends become two full years in arrears would have the right to elect a majority of the directors until such arrearage is completely eliminated. In addition, preferred stockholders have class voting rights on certain matters, including changes in fundamental investment restrictions and conversion to open-end status, and accordingly can veto any changes. Restrictions imposed on the declarations and payment of dividends or other distributions to the holders of our common stock and preferred stock, both by the 1940 Act and by requirements imposed by rating agencies, might impair our ability to maintain our qualification as a RIC for federal income tax purposes. While we would intend to redeem our preferred stock to the extent necessary to enable us to distribute our income as required to maintain our qualification as a RIC, there can be no assurance that such actions could be affected in time to meet the tax requirements.
Provisions of Delaware General Corporation Law and Certificate of Incorporation and Bylaws
General Description of Registrant [Abstract]
Risk [Text Block]											Certain provisions of the Delaware General Corporation Law and our certificate of incorporation and bylaws could deter takeover attempts and have an adverse impact on the price of our common stock. The Delaware General Corporation Law, our amended certificate of incorporation and our amended and restated bylaws contain provisions that may have the effect of discouraging a third party from making an acquisition proposal for us. These anti-takeover provisions may inhibit a change in control in circumstances that could give the holders of our common stock the opportunity to realize a premium over the market price of our common stock. Our certificate of incorporation and bylaws also provide that special meetings of the stockholders may only be called by our Board of Directors, Chairman, Chief Executive Officer or Secretary. These provisions, as well as other provisions of our amended certificate of incorporation and our amended and restated bylaws, may delay, defer or prevent a transaction or a change in control that might otherwise be in the best interests of our stockholders.
Dilution of Interest upon Non-exercise of Subscription Rights and Immediate Dilution of Aggregate NAV if Subscription Price Less than NAV
General Description of Registrant [Abstract]
Risk [Text Block]											Your interest in us may be diluted if you do not fully exercise your subscription rights in any rights offering we may conduct. In addition, if the subscription price is less than our net asset value per share, then you will experience an immediate dilution of the aggregate net asset value of your shares. In the event we issue subscription rights, stockholders who do not fully exercise their subscription rights should expect that they will, at the completion of a rights offering, own a smaller proportional interest in us than would otherwise be the case if they fully exercised their rights. We cannot state precisely the amount of any such dilution in share ownership because we do not know at this time what proportion of the shares will be purchased as a result of such rights offering. In addition, if the subscription price is less than the net asset value per share of our common stock, then our stockholders would experience an immediate dilution of the aggregate net asset value of their shares as a result of the offering. The amount of any decrease in net asset value is not predictable because it is not known at this time what the subscription price and net asset value per share will be on the expiration date of a rights offering or what proportion of the shares will be purchased as a result of such rights offering. Such dilution could be substantial.
Redemption May Adversely Affect Return on Debt Securities
General Description of Registrant [Abstract]
Risk [Text Block]											Terms relating to redemption may materially adversely affect your return on any debt securities that we may issue. If your debt securities are redeemable at our option, we may choose to redeem your debt securities at times when prevailing interest rates are lower than the interest rate paid on your debt securities. In addition, if your debt securities are subject to mandatory redemption, we may be required to redeem your debt securities also at times when prevailing interest rates are lower than the interest rate paid on your debt securities. In this circumstance, you may not be able to reinvest the redemption proceeds in a comparable security at an effective interest rate as high as your debt securities being redeemed.
Credit Ratings Subject to Change
General Description of Registrant [Abstract]
Risk [Text Block]											Our credit ratings are subject to change and may not reflect all risks of an investment in our debt securities. Our credit ratings are an assessment by third parties of our ability to pay our obligations and are subject to change. For example, our credit ratings were changed several times during the most recent fiscal year and are subject to further change. Such fluctuations in our credit ratings may adversely affect the market value of our debt securities. In addition, our credit ratings may not reflect the potential impact of risks related to market conditions generally or other factors on the market value of or trading market for the publicly issued debt securities.
[1] In the event that securities are sold to or through underwriters, a corresponding prospectus supplement will disclose the applicable sales load. The expenses of the dividend reinvestment plan are included in “other expenses.” The related prospectus supplement will disclose the estimated amount of offering expenses, the offering price and the estimated offering expenses borne by us as a percentage of the offering price . The base management fee is calculated at an annual rate of 1.5% of our total assets (excluding cash and cash equivalents) payable quarterly in arrears; provided, however, that, effective as of February 9, 2019, the base management fee is calculated at an annual rate of 1.0% of our total assets (excluding cash and cash equivalents) that exceed an amount equal to 200% of the net asset value of the Company. The percentage shown in the table, which assumes all capital and leverage is invested at the maximum level, is calculated by determining the ratio that the aggregate base management fee bears to our net assets attributable to common stock and not total assets. We make this conversion because all of our interest is indirectly borne by our common stockholders. If we borrow money or issue preferred stock and invest the proceeds other than in cash and cash equivalents, our base management fees will increase. The base management fee for any partial quarter is appropriately prorated. The “net assets attributable to common stock” used to calculate the percentages in this table is our average net assets of $817.0 million for the twelve month period ended December 31, 2022. “Interest Payments on Borrowed Funds” represents interest and fees estimated to be accrued on the Operating Facility and Funding Facility II and amortization of debt issuance costs, and assumes the Operating Facility and Funding Facility II are fully drawn (subject to asset coverage limitations under the 1940 Act) and that the interest rate on the debt issued (i) under the Operating Facility is the rate in effect as of December 31, 2022, which was 6.22% and (ii) under the Funding Facility II is the rate which would have been approximately 6.33% as of December 31, 2022. “Interest Payments on Borrowed Funds” additionally represents interest and fees estimated to be accrued on our $250.0 million in aggregate principal amount of notes due 2024, which bear interest at an annual rate of 3.900%, payable semi-annually, our $325.0 million in aggregate principal amount of notes due 2026, which bear interest at an annual rate of 2.850%, payable semi-annually and our $160.0 million of committed leverage from the SBA, which SBA debentures, once drawn, bear an interim interest rate of LIBOR plus 30 basis points, are non-recourse and may be prepaid at any time without penalty, and assumes that the committed leverage from the SBA is fully drawn. When we borrow money or issue preferred stock, all of our interest and preferred stock dividend payments are indirectly borne by our common stockholders. Under the current investment management agreement, dated February 9, 2019, the incentive compensation equals the sum of (1) 20% of all ordinary income since January 1, 2013 through February 8, 2019 and 17.5% thereafter and (2) 20% of all net realized capital gains (net of any net unrealized capital depreciation) since January 1, 2013 through February 8, 2019 and 17.5% thereafter, less ordinary income incentive compensation and capital gains incentive compensation previously paid. However, incentive compensation will only be paid to the extent the cumulative total return of the Company after incentive compensation and including such payment would equal or exceed a 7% annual return on daily weighted average contributed common equity. The incentive compensation is payable quarterly in arrears (or upon termination of the Advisor as the investment manager, as of the termination date). For assets held on January 1, 2013, capital gain, loss and depreciation are measured on an asset by asset basis against the value thereof as of December 31, 2012. The capital gains component is paid or distributed in full prior to payment or distribution of the ordinary income component. “Other Expenses” includes our estimated overhead expenses, including expenses of our Advisor reimbursable under the investment management agreement and of the Administrator reimbursable under the administration agreement except for certain administration overhead costs which are not currently contemplated to be charged to us. Such expense estimate, other than the Administrator expenses, is based on actual other expenses for the twelve month period ended December 31, 2022. The High/Low Stock Price is calculated as of the closing price on a given day in the applicable quarter. Calculated as the respective High/Low Stock Price minus the quarter end NAV, divided by the quarter end NAV. NAV per share is determined as of the last day in the relevant quarter and therefore may not reflect the NAV per share on the date of the high and low sales prices. The NAVs shown are based on outstanding shares at the end of each period.

Consolidated Statements of Asse

Consolidated Statements of Assets and Liabilities - USD ($)	Dec. 31, 2022	Dec. 31, 2021
Investments, at fair value:
Total investments	$ 1,609,587,641	$ 1,841,138,122
Cash and cash equivalents	82,435,171	19,552,273
Interest, dividends and fees receivable	20,903,797	20,061,104
Deferred debt issuance costs	3,597,236	4,786,736
Receivable for investments sold	0	6,024,981
Prepaid expenses and other assets	2,826,004	2,666,111
Total assets	1,719,349,849	1,894,229,327
Liabilities
Debt (net of deferred issuance costs of $5,056,427 and $6,878,110, respectively)	944,005,814	1,012,461,340
Interest and debt related payables	9,260,738	10,863,683
Management fees payable	6,084,202	6,304,176
Incentive fees payable	4,883,575	3,742,443
Distributions payable	2,888,363	0
Payable for investments purchased	1,937,465	28,994,390
Reimbursements due to the Advisor	1,498,733	942,094
Accrued expenses and other liabilities	2,037,169	1,464,565
Total liabilities	972,596,059	1,064,772,691
Commitments and contingencies (Note 5)
Net Assets	746,753,790	829,456,636
Composition of net assets applicable to common shareholders
Common stock, $0.001 par value; 200,000,000 shares authorized, 57,767,264 and 57,767,264 shares issued and outstanding as of December 31, 2022 and December 31, 2021, respectively	57,767	57,767
Paid-in capital in excess of par	967,890,570	966,409,911
Distributable earnings (loss)	(221,194,547)	(137,011,042)
Total net assets	746,753,790	829,456,636
Total liabilities and net assets	$ 1,719,349,849	$ 1,894,229,327
Net assets per share	$ 12.93	$ 14.36
Non-Controlled, Non-Affiliated Investments
Investments, at fair value:
Total investments	$ 1,402,764,659	$ 1,638,843,507
Non-Controlled, Affiliated Investments
Investments, at fair value:
Total investments	69,089,697	97,207,404
Controlled Investments
Investments, at fair value:
Total investments	$ 137,733,285	$ 105,087,211

Consolidated Statements of As_2

Consolidated Statements of Assets and Liabilities (Parenthetical) - USD ($)	Dec. 31, 2022	Dec. 31, 2021
Investment cost	$ 1,669,779,921	$ 1,821,602,910
Net of deferred issuance costs	$ 5,056,427	$ 6,878,110
Common stock, par value	$ 0.001	$ 0.001
Common stock, shares authorized	200,000,000	200,000,000
Common stock, shares issued	57,767,264	57,767,264
Common stock, shares outstanding	57,767,264	57,767,264
Non-Controlled, Non-Affiliated Investments
Investment cost	$ 1,474,146,428	$ 1,637,897,868
Non-Controlled, Affiliated Investments
Investment cost	37,132,993	37,457,524
Controlled Investments
Investment cost	$ 158,500,500	$ 146,247,518

Consolidated Statements of Oper

Consolidated Statements of Operations - USD ($)	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Investment income
Total investment income	$ 181,002,459	$ 165,105,708	$ 172,103,726
Operating expenses
Interest and other debt expenses	39,358,896	40,988,760	41,237,035
Management fees	26,259,584	25,719,938	23,806,418
Incentive fees	18,759,613	17,726,879	15,314,201
Professional fees	1,767,652	1,715,244	1,841,097
Administrative expenses	1,760,905	1,851,420	2,159,788
Director fees	1,090,654	982,111	857,789
Insurance expense	638,006	615,901	700,321
Custody fees	339,886	325,239	413,533
Other operating expenses	2,589,090	2,637,102	2,551,562
Total operating expenses	92,564,286	92,562,594	88,881,744
Net investment income	88,438,173	72,543,114	83,221,982
Net realized gain (loss):
Net realized gain (loss)	(18,230,951)	4,287,643	(5,512,830)
Net change in unrealized appreciation (depreciation):
Net change in unrealized appreciation (depreciation)	(79,432,554)	63,166,306	(3,897,751)
Net realized and unrealized gain (loss)	(97,663,505)	67,453,949	(9,410,581)
Realized loss on extinguishment of debt	0	(6,206,289)	(2,436,913)
Net increase (decrease) in net assets resulting from operations	$ (9,225,332)	$ 133,790,774	$ 71,374,488
Basic earnings (loss) per share	$ (0.16)	$ 2.32	$ 1.23
Diluted earnings (loss) per share	$ (0.16)	$ 2.32	$ 1.23
Basic weighted average common shares outstanding	57,767,264	57,767,264	57,991,233
Diluted weighted average common shares outstanding	57,767,264	57,767,264	57,991,233
Non-Controlled, Non-Affiliated Investments
Investment income
Interest income (excluding PIK)	$ 157,012,042	$ 143,005,804	$ 141,433,940
PIK income	7,899,134	5,839,520	7,554,503
Dividend income	1,017,828	1,131,568	0
Other income	881,611	449,021	4,660,979
Net realized gain (loss):
Net realized gain (loss)	(29,278,589)	(2,257,955)	618,133
Net change in unrealized appreciation (depreciation):
Net change in unrealized appreciation (depreciation)	(72,517,792)	13,083,276	(2,983,907)
Non-Controlled, Affiliated Investments
Investment income
Interest income (excluding PIK)	148,805	127,247	2,533,862
PIK income	0	0	3,757,086
Dividend income	2,357,066	4,599,288	0
Other income	180,520	1,163,495	3,272,529
Net realized gain (loss):
Net realized gain (loss)	11,172,439	6,545,598	(6,260,913)
Net change in unrealized appreciation (depreciation):
Net change in unrealized appreciation (depreciation)	(27,307,855)	53,937,566	44,680
Controlled Investments
Investment income
Interest income (excluding PIK)	7,710,565	6,678,789	6,378,826
Dividend income	3,794,889	2,110,976	2,473,865
Lease income			38,136
Net realized gain (loss):
Net realized gain (loss)	(124,801)	0	129,950
Net change in unrealized appreciation (depreciation):
Net change in unrealized appreciation (depreciation)	$ 20,393,093	$ (3,854,536)	$ (958,524)

Consolidated Statements of Chan

Consolidated Statements of Changes in Net Assets - USD ($)	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Balance	$ 829,456,636	$ 764,986,578	$ 776,318,386
Balance (Shares)	57,767,264	57,767,264	58,766,426
Accounting Standards Update Extensible List	us-gaap:AccountingStandardsUpdate202006CumulativeEffectPeriodOfAdoptionMember
Issuance of common stock from dividend reinvestment plan			$ 6,253
Repurchase of common stock			6,100,190
Net investment income	$ 88,438,173	$ 72,543,114	83,221,982
Net realized and unrealized gain (loss)	(97,663,505)	67,453,949	(9,410,581)
Dividends paid to shareholders	(73,364,425)	(69,320,716)	(76,612,359)
Realized loss on extinguishment of debt		(6,206,289)	(2,436,913)
Balance	$ 746,753,790	$ 829,456,636	$ 764,986,578
Balance (Shares)	57,767,264	57,767,264	57,767,264
Cumulative Effect Adjustment for the Adoption | ASU 2020-06
Balance	$ (113,089)
Common Stock
Balance	$ 57,767	$ 57,767	$ 58,766
Balance (Shares)	57,767,264	57,767,264	58,766,426
Issuance of common stock from dividend reinvestment plan			$ 1
Issuance of common stock from dividend reinvestment plan (Shares)			838
Repurchase of common stock			$ 1,000
Repurchase of common stock (Shares)			1,000,000
Balance	$ 57,767	$ 57,767	$ 57,767
Balance (Shares)	57,767,264	57,767,264	57,767,264
Paid in Capital in Excess of Par
Balance	$ 966,409,911	$ 979,973,202	$ 997,379,362
Issuance of common stock from dividend reinvestment plan			6,252
Repurchase of common stock			6,099,190
Tax reclassification of shareholders' equity in accordance with generally accepted accounting principles	4,790,255	(13,563,291)	(11,313,222)
Balance	967,890,570	966,409,911	979,973,202
Paid in Capital in Excess of Par | Cumulative Effect Adjustment for the Adoption | ASU 2020-06
Balance	(3,309,596)
Distributable earnings (loss)
Balance	(137,011,042)	(215,044,391)	(221,119,742)
Net investment income	88,438,173	72,543,114	83,221,982
Net realized and unrealized gain (loss)	(97,663,505)	67,453,949	(9,410,581)
Dividends paid to shareholders	(73,364,425)	(69,320,716)	(76,612,359)
Realized loss on extinguishment of debt		(6,206,289)	(2,436,913)
Tax reclassification of shareholders' equity in accordance with generally accepted accounting principles	(4,790,255)	13,563,291	11,313,222
Balance	(221,194,547)	$ (137,011,042)	$ (215,044,391)
Distributable earnings (loss) | Cumulative Effect Adjustment for the Adoption | ASU 2020-06
Balance	$ 3,196,507

Consolidated Statements of Ch_2

Consolidated Statements of Changes in Net Assets (Parenthetical) - USD ($)	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Statement Of Stockholders Equity [Abstract]
Dividends paid to shareholders include tax return of capital	$ 0	$ 13,563,291	$ 11,313,222	$ 2,486,618	$ 0

Consolidated Statement of Cash

Consolidated Statement of Cash Flows - USD ($)	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Operating activities
Net increase (decrease) in net assets resulting from operations	$ (9,225,332)	$ 133,790,774	$ 71,374,488
Adjustments to reconcile net increase (decrease) in net assets resulting from operations to net cash provided by (used in) operating activities:
Net realized (gain) loss	18,230,951	(3,647,643)	5,512,830
Realized loss on extinguishment of debt	0	6,206,289	2,436,913
Change in net unrealized (appreciation) depreciation of investments	79,727,077	(63,381,925)	3,432,807
Net amortization of investment discounts and premiums	(9,558,688)	(9,927,682)	(9,572,245)
Amortization of original issue discount on debt	199,265	1,259,127	1,228,151
Interest and dividend income paid in kind	(7,899,134)	(6,948,182)	(11,311,589)
Amortization of deferred debt issuance costs	3,011,599	3,703,342	3,504,578
Changes in assets and liabilities:
Purchases of investments	(330,408,650)	(750,152,228)	(448,841,511)
Proceeds from disposition of investments	481,458,510	622,482,722	480,719,625
Decrease (increase) in interest, dividends and fees receivable	(842,693)	(4,489,456)	2,336,577
Decrease (increase) in receivable for investments sold	6,024,981	(5,746,244)	1,037,930
Decrease (increase) in prepaid expenses and other assets	(159,893)	(1,084,791)	1,431,168
Increase (decrease) in payable for investments purchased	(27,056,925)	(4,280,958)	20,217,902
Increase (decrease) in incentive fees payable	1,141,132	(1,278,351)	267,123
Increase (decrease) in interest and debt related payables	(1,602,945)	977,598	(951,036)
Increase (decrease) in reimbursements due to the Advisor	556,639	(402,662)	(246,895)
Increase (decrease) in management fees payable	(219,974)	550,829	324,272
Increase (decrease) in accrued expenses and other liabilities	572,604	(239,483)	(575,411)
Net cash provided by (used in) operating activities	203,948,524	(82,608,924)	122,325,677
Financing activities
Draws on credit facilities	572,601,699	915,466,136	504,025,619
Repayments of credit facility draws	(503,191,263)	(905,440,861)	(613,991,654)
Payments of debt issuance costs	0	(4,413,942)	(4,120,805)
Dividends paid to shareholders	(70,476,062)	(69,320,716)	(76,612,359)
Repayment of convertible notes	(140,000,000)	0	0
Repayment of unsecured notes	0	(180,740,000)	0
Proceeds from issuance of unsecured notes	0	326,604,000	49,625,500
Net cash provided by (used in) financing activities	(141,065,626)	82,154,617	(147,167,636)
Net increase (decrease) in cash and cash equivalents (including restricted cash)	62,882,898	(454,307)	(24,841,959)
Cash and cash equivalents (including restricted cash) at beginning of period	19,552,273	20,006,580	44,848,539
Cash and cash equivalents (including restricted cash) at end of period	82,435,171	19,552,273	20,006,580
Supplemental cash flow information
Interest payments	36,920,429	33,477,920	36,211,671
Distributions Payable	$ 2,888,363	$ 0	$ 0

Consolidated Schedule of Invest

Consolidated Schedule of Investments		12 Months Ended
		Dec. 31, 2022 USD ($) shares		Dec. 31, 2021 USD ($) shares		Dec. 31, 2022 EUR (€) shares
Schedule Of Investments [Line Items]
Cost		$ 1,669,779,921		$ 1,821,602,910
Fair Value		1,609,587,641		1,841,138,122
Cash and Cash Equivalents		82,435,171		19,552,273
Total Cash and Investments		$ 1,692,022,812	[1]	$ 1,860,690,395	[2]
% of Total Cash and Investments		100%	[1]	100%	[2]	100%	[1]
Equity Securities
Schedule Of Investments [Line Items]
Cost		$ 156,886,167		$ 164,203,020
Fair Value		$ 189,159,902		$ 206,379,851
% of Total Cash and Investments		11.18%		11.09%		11.18%
Automobiles | Autoalert Acquisition Co, LLC | Equity Securities | Warrant
Schedule Of Investments [Line Items]
Expiration		Jun. 28, 2030	[3],[4],[5]	Jun. 28, 2030	[6],[7],[8]
Shares | shares		7	[3],[4],[5]	7	[6],[7],[8]	7	[3],[4],[5]
Cost		$ 2,910,423	[3],[4],[5]	$ 2,910,423	[6],[7],[8]
Fair Value		$ 0	[3],[4],[5]	$ 2,472,731	[6],[7],[8]
% of Total Cash and Investments		0%	[3],[4],[5]	0.13%	[6],[7],[8]	0%	[3],[4],[5]
Capital Markets | Pico Quantitative Trading Holdings, LLC | Equity Securities | Warrant
Schedule Of Investments [Line Items]
Expiration		Feb. 07, 2030	[3],[4],[5]	Feb. 07, 2030	[6],[7],[8]
Shares | shares		287	[3],[4],[5]	287	[6],[7],[8]	287	[3],[4],[5]
Cost		$ 645,121	[3],[4],[5]	$ 645,121	[6],[7],[8]
Fair Value		$ 1,671,461	[3],[4],[5]	$ 2,535,001	[6],[7],[8]
% of Total Cash and Investments		0.10%	[3],[4],[5]	0.14%	[6],[7],[8]	0.10%	[3],[4],[5]
Communications Equipment | Plate Newco 1 Limited (Avanti) (United Kingdom) | Equity Securities | Common Stock
Schedule Of Investments [Line Items]
Shares | shares	[3],[4],[5],[9],[10]	364				364
Cost	[3],[4],[5],[9],[10]	$ 0
Fair Value	[3],[4],[5],[9],[10]	$ 0
% of Total Cash and Investments	[3],[4],[5],[9],[10]	0%				0%
Communications Equipment | Avanti Communications Group P L C | Equity Securities | Common Stock
Schedule Of Investments [Line Items]
Shares | shares	[6],[7],[11],[12]			26,576,710
Cost	[6],[7],[11],[12]			$ 4,902,674
Fair Value	[6],[7],[11],[12]			$ 0
% of Total Cash and Investments	[6],[7],[11],[12]			0%
Construction and Engineering | Hylan Novellus LLC | Equity Securities | Class A Units
Schedule Of Investments [Line Items]
Shares | shares	[3],[4],[5]	117,124				117,124
Cost	[3],[4],[5]	$ 13,817,817
Fair Value	[3],[4],[5]	$ 12,230,088
% of Total Cash and Investments	[3],[4],[5]	0.72%				0.72%
Diversified Consumer Services | Equity Securities
Schedule Of Investments [Line Items]
Cost		$ 31,145,822		$ 28,788,749
Fair Value		$ 68,708,525		$ 78,638,572
% of Total Cash and Investments		4.06%		4.23%		4.06%
Diversified Consumer Services | Razor Group GmbH (Germany) | Equity Securities | Warrants to Purchase Preferred Series A1 Shares
Schedule Of Investments [Line Items]
Expiration		Apr. 28, 2028	[3],[4],[5],[10]	Apr. 28, 2028	[6],[7],[8],[12]
Shares | shares		516	[3],[4],[5],[10]	516	[6],[7],[8],[12]	516	[3],[4],[5],[10]
Cost		$ 0	[3],[4],[5],[10]	$ 0	[6],[7],[8],[12]
Fair Value		$ 1,992,877	[3],[4],[5],[10]	$ 4,802,192	[6],[7],[8],[12]
% of Total Cash and Investments		0.12%	[3],[4],[5],[10]	0.26%	[6],[7],[8],[12]	0.12%	[3],[4],[5],[10]
Diversified Consumer Services | Razor Group GmbH (Germany) | Equity Securities | Warrants to Purchase Series C Shares
Schedule Of Investments [Line Items]
Expiration	[3],[4],[5],[10]	Apr. 28, 2028
Shares | shares	[3],[4],[5],[10]	158				158
Cost	[3],[4],[5],[10]	$ 0
Fair Value	[3],[4],[5],[10]	$ 908,631
% of Total Cash and Investments	[3],[4],[5],[10]	0.05%				0.05%
Diversified Consumer Services | MXP Prime Platform GmbH (SellerX) (Germany) | Equity Securities | Warrants to Purchase Preferred Series B Shares
Schedule Of Investments [Line Items]
Expiration		Nov. 23, 2028	[3],[4],[5],[10]	Nov. 23, 2028	[6],[7],[8],[12]
Shares | shares		135	[3],[4],[5],[10]	135	[6],[7],[8],[12]	135	[3],[4],[5],[10]
Cost		$ 0	[3],[4],[5],[10]	$ 0	[6],[7],[8],[12]
Fair Value		$ 275,458	[3],[4],[5],[10]	$ 356,342	[6],[7],[8],[12]
% of Total Cash and Investments		0.02%	[3],[4],[5],[10]	0.02%	[6],[7],[8],[12]	0.02%	[3],[4],[5],[10]
Diversified Consumer Services | PerchHQ, LLC | Equity Securities | Warrants to Purchase Common Stock
Schedule Of Investments [Line Items]
Expiration	[3],[4],[5]	Oct. 15, 2027
Shares | shares	[3],[4],[5]	134,500				134,500
Cost	[3],[4],[5]	$ 0
Fair Value	[3],[4],[5]	$ 749,165
% of Total Cash and Investments	[3],[4],[5]	0.04%				0.04%
Diversified Consumer Services | TVG-Edmentum Holdings, LLC | Equity Securities | Series B-1 Common Units
Schedule Of Investments [Line Items]
Shares | shares		17,858,122	[3],[5],[13]	17,858,122	[6],[8],[14]	17,858,122	[3],[5],[13]
Cost		$ 17,724,660	[3],[5],[13]	$ 15,367,587	[6],[8],[14]
Fair Value		$ 32,391,197	[3],[5],[13]	$ 36,740,019	[6],[8],[14]
% of Total Cash and Investments		1.92%	[3],[5],[13]	1.98%	[6],[8],[14]	1.92%	[3],[5],[13]
Diversified Consumer Services | TVG-Edmentum Holdings, LLC | Equity Securities | Series B-2 Common Units
Schedule Of Investments [Line Items]
Shares | shares		17,858,122	[3],[4],[5],[13]	17,858,122	[6],[7],[8],[14]	17,858,122	[3],[4],[5],[13]
Cost		$ 13,421,162	[3],[4],[5],[13]	$ 13,421,162	[6],[7],[8],[14]
Fair Value		$ 32,391,197	[3],[4],[5],[13]	$ 36,740,019	[6],[7],[8],[14]
% of Total Cash and Investments		1.91%	[3],[4],[5],[13]	1.97%	[6],[7],[8],[14]	1.91%	[3],[4],[5],[13]
Diversified Financial Services | Equity Securities
Schedule Of Investments [Line Items]
Cost		$ 49,596,412		$ 66,765,774
Fair Value		$ 78,990,439		$ 75,437,581
% of Total Cash and Investments		4.67%		4.05%		4.67%
Diversified Financial Services | 36th Street Capital Partners Holdings, LLC | Equity Securities | Membership Units
Schedule Of Investments [Line Items]
Shares | shares	[3],[5],[15]	26,902,397				26,902,397
Cost	[3],[5],[15]	$ 26,902,397
Fair Value	[3],[5],[15]	$ 56,272,000
% of Total Cash and Investments	[3],[5],[15]	3.34%				3.34%
Diversified Financial Services | Worldremit Group Limited (United Kingdom) | Equity Securities | Warrants to Purchase Series D Stock
Schedule Of Investments [Line Items]
Expiration		Feb. 11, 2031	[3],[4],[5],[10]	Feb. 11, 2031	[6],[7],[8],[12]
Shares | shares		34,820	[3],[4],[5],[10]	34,820	[6],[7],[8],[12]	34,820	[3],[4],[5],[10]
Cost		$ 0	[3],[4],[5],[10]	$ 0	[6],[7],[8],[12]
Fair Value		$ 834,635	[3],[4],[5],[10]	$ 856,224	[6],[7],[8],[12]
% of Total Cash and Investments		0.05%	[3],[4],[5],[10]	0.05%	[6],[7],[8],[12]	0.05%	[3],[4],[5],[10]
Diversified Financial Services | 36th Street Capital Partners Holdings, LLC | Equity Securities | Membership Units
Schedule Of Investments [Line Items]
Shares | shares	[6],[8],[16]			25,652,397
Cost	[6],[8],[16]			$ 25,652,397
Fair Value	[6],[8],[16]			$ 34,082,000
% of Total Cash and Investments	[6],[8],[16]			1.82%
Diversified Financial Services | Conventional Lending TCP Holdings, LLC | Equity Securities | Membership Units
Schedule Of Investments [Line Items]
Shares | shares		17,550,591	[3],[5],[15],[17]	26,901,777	[6],[8],[16],[18]	17,550,591	[3],[5],[15],[17]
Cost		$ 17,425,790	[3],[5],[15],[17]	$ 28,049,419	[6],[8],[16],[18]
Fair Value		$ 16,146,544	[3],[5],[15],[17]	$ 26,901,777	[6],[8],[16],[18]
% of Total Cash and Investments		0.95%	[3],[5],[15],[17]	1.45%	[6],[8],[16],[18]	0.95%	[3],[5],[15],[17]
Diversified Financial Services | GACP I, LP (Great American Capital) | Equity Securities | Membership Units
Schedule Of Investments [Line Items]
Shares | shares		460,486	[3],[5],[17]	460,486	[6],[8],[18]	460,486	[3],[5],[17]
Cost		$ 460,486	[3],[5],[17]	$ 460,486	[6],[8],[18]
Fair Value		$ 656,020	[3],[5],[17]	$ 973,940	[6],[8],[18]
% of Total Cash and Investments		0.04%	[3],[5],[17]	0.05%	[6],[8],[18]	0.04%	[3],[5],[17]
Diversified Financial Services | GACP II, LP (Great American Capital) | Equity Securities | Membership Units
Schedule Of Investments [Line Items]
Shares | shares		4,807,739	[3],[5],[17]	12,603,472	[6],[8],[18]	4,807,739	[3],[5],[17]
Cost		$ 4,807,739	[3],[5],[17]	$ 12,603,472	[6],[8],[18]
Fair Value		$ 4,929,560	[3],[5],[17]	$ 12,623,640	[6],[8],[18]
% of Total Cash and Investments		0.29%	[3],[5],[17]	0.68%	[6],[8],[18]	0.29%	[3],[5],[17]
Diversified Financial Services | Elevate Brands Holdco, Inc. | Equity Securities | Warrants to Purchase Common Stock
Schedule Of Investments [Line Items]
Expiration	[3],[4],[5]	Mar. 14, 2032
Shares | shares	[3],[4],[5]	174,897				174,897
Cost	[3],[4],[5]	$ 0
Fair Value	[3],[4],[5]	$ 84,160
% of Total Cash and Investments	[3],[4],[5]	0%				0%
Diversified Financial Services | Elevate Brands Holdco, Inc. | Equity Securities | Warrants to Purchase Preferred Stock
Schedule Of Investments [Line Items]
Expiration	[3],[4],[5]	Mar. 14, 2032
Shares | shares	[3],[4],[5]	87,449				87,449
Cost	[3],[4],[5]	$ 0
Fair Value	[3],[4],[5]	$ 67,520
% of Total Cash and Investments	[3],[4],[5]	0%				0%
Electric Utilities | Equity Securities
Schedule Of Investments [Line Items]
Cost		$ 11,098,416		$ 11,098,416
Fair Value		$ 504,000		$ 151,000
% of Total Cash and Investments		0.03%		0.01%		0.03%
Electric Utilities | Kawa Solar Holdings Limited (Conergy) (Cayman Islands) | Equity Securities | Class B Preferred Stock
Schedule Of Investments [Line Items]
Shares | shares		93,023	[3],[4],[5],[10],[15]	93,023	[6],[7],[8],[12],[16]	93,023	[3],[4],[5],[10],[15]
Cost		$ 1,395,349	[3],[4],[5],[10],[15]	$ 1,395,349	[6],[7],[8],[12],[16]
Fair Value		$ 0	[3],[4],[5],[10],[15]	$ 0	[6],[7],[8],[12],[16]
% of Total Cash and Investments		0%	[3],[4],[5],[10],[15]	0%	[6],[7],[8],[12],[16]	0%	[3],[4],[5],[10],[15]
Electric Utilities | Kawa Solar Holdings Limited (Conergy) (Cayman Islands) | Equity Securities | Ordinary Shares
Schedule Of Investments [Line Items]
Shares | shares		2,332,594	[3],[4],[5],[10],[15]	2,332,594	[6],[7],[8],[12],[16]	2,332,594	[3],[4],[5],[10],[15]
Cost		$ 0	[3],[4],[5],[10],[15]	$ 0	[6],[7],[8],[12],[16]
Fair Value		$ 0	[3],[4],[5],[10],[15]	$ 0	[6],[7],[8],[12],[16]
% of Total Cash and Investments		0%	[3],[4],[5],[10],[15]	0%	[6],[7],[8],[12],[16]	0%	[3],[4],[5],[10],[15]
Electric Utilities | Conergy Asia Holdings Limited (United Kingdom) | Equity Securities | Class B Shares
Schedule Of Investments [Line Items]
Shares | shares		1,000,000	[3],[4],[5],[10],[15]	1,000,000	[6],[7],[8],[12],[16]	1,000,000	[3],[4],[5],[10],[15]
Cost		$ 1,000,000	[3],[4],[5],[10],[15]	$ 1,000,000	[6],[7],[8],[12],[16]
Fair Value		$ 0	[3],[4],[5],[10],[15]	$ 0	[6],[7],[8],[12],[16]
% of Total Cash and Investments		0%	[3],[4],[5],[10],[15]	0%	[6],[7],[8],[12],[16]	0%	[3],[4],[5],[10],[15]
Electric Utilities | Conergy Asia Holdings Limited (United Kingdom) | Equity Securities | Ordinary Shares
Schedule Of Investments [Line Items]
Shares | shares		5,318,860	[3],[4],[5],[10],[15]	5,318,860	[6],[7],[8],[12],[16]	5,318,860	[3],[4],[5],[10],[15]
Cost		$ 7,833,333	[3],[4],[5],[10],[15]	$ 7,833,333	[6],[7],[8],[12],[16]
Fair Value		$ 0	[3],[4],[5],[10],[15]	$ 0	[6],[7],[8],[12],[16]
% of Total Cash and Investments		0%	[3],[4],[5],[10],[15]	0%	[6],[7],[8],[12],[16]	0%	[3],[4],[5],[10],[15]
Electric Utilities | Utilidata, Inc. | Equity Securities | Class C Preferred Stock
Schedule Of Investments [Line Items]
Shares | shares	[6],[7],[8]			257,369
Cost	[6],[7],[8]			$ 153,398
Fair Value	[6],[7],[8]			$ 151,000
% of Total Cash and Investments	[6],[7],[8]			0.01%
Electric Utilities | Utilidata, Inc. | Equity Securities | Series CC Preferred Stock
Schedule Of Investments [Line Items]
Shares | shares	[6],[7],[8]			500,000
Cost	[6],[7],[8]			$ 500,000
Fair Value	[6],[7],[8]			$ 0
% of Total Cash and Investments	[6],[7],[8]			0%
Electric Utilities | Utilidata, Inc. | Equity Securities | Series A-2 Preferred Stock
Schedule Of Investments [Line Items]
Shares | shares	[3],[4],[5]	257,369				257,369
Cost	[3],[4],[5]	$ 153,398
Fair Value	[3],[4],[5]	$ 236,000
% of Total Cash and Investments	[3],[4],[5]	0.01%				0.01%
Electric Utilities | Utilidata, Inc. | Equity Securities | Series A-1 Preferred Stock
Schedule Of Investments [Line Items]
Shares | shares	[3],[4],[5]	500,000				500,000
Cost	[3],[4],[5]	$ 500,000
Fair Value	[3],[4],[5]	$ 255,000
% of Total Cash and Investments	[3],[4],[5]	0.02%				0.02%
Electric Utilities | Utilidata, Inc. | Equity Securities | Common Stock
Schedule Of Investments [Line Items]
Shares | shares		29,094	[3],[4],[5]	29,094	[6],[7],[8]	29,094	[3],[4],[5]
Cost		$ 216,336	[3],[4],[5]	$ 216,336	[6],[7],[8]
Fair Value		$ 13,000	[3],[4],[5]	$ 0	[6],[7],[8]
% of Total Cash and Investments		0%	[3],[4],[5]	0%	[6],[7],[8]	0%	[3],[4],[5]
Hotels, Restaurants and Leisure | Fishbowl, Inc. | Equity Securities | Common Membership Units
Schedule Of Investments [Line Items]
Expiration	[3],[4],[15]	May 27, 2027
Shares | shares	[3],[4],[15]	604,479				604,479
Cost	[3],[4],[15]	$ 787,032
Fair Value	[3],[4],[15]	$ 577,277
% of Total Cash and Investments	[3],[4],[15]	0.03%				0.03%
Internet Software and Services | Equity Securities
Schedule Of Investments [Line Items]
Cost		$ 3,501,826		$ 3,501,826
Fair Value		$ 11,775,318		$ 13,559,256
% of Total Cash and Investments		0.70%		0.73%		0.70%
Internet Software and Services | Domo, Inc. | Equity Securities | Common Stock
Schedule Of Investments [Line Items]
Shares | shares	[4]	49,792				49,792
Cost	[4]	$ 1,543,054
Fair Value	[4]	$ 709,038
% of Total Cash and Investments	[4]	0.04%				0.04%
Internet Software and Services | Domo, Inc. | Equity Securities | Common Stock
Schedule Of Investments [Line Items]
Shares | shares	[7]			49,792
Cost	[7]			$ 1,543,054
Fair Value	[7]			$ 2,469,683
% of Total Cash and Investments	[7]			0.13%
Internet Software and Services | FinancialForce.com, Inc. | Equity Securities | Warrants to Purchase Series C Preferred Stock
Schedule Of Investments [Line Items]
Expiration		Jan. 30, 2029	[3],[4],[5]	Jan. 30, 2029	[6],[7],[8]
Shares | shares		1,125,000	[3],[4],[5]	1,125,000	[6],[7],[8]	1,125,000	[3],[4],[5]
Cost		$ 287,985	[3],[4],[5]	$ 287,985	[6],[7],[8]
Fair Value		$ 528,375	[3],[4],[5]	$ 651,375	[6],[7],[8]
% of Total Cash and Investments		0.03%	[3],[4],[5]	0.04%	[6],[7],[8]	0.03%	[3],[4],[5]
Internet Software and Services | Foursquare Labs, Inc. | Equity Securities | Warrants to Purchase Series E Preferred Stock
Schedule Of Investments [Line Items]
Expiration		May 04, 2027	[3],[4],[5]	May 04, 2027	[6],[7],[8]
Shares | shares		2,062,500	[3],[4],[5]	2,062,500	[6],[7],[8]	2,062,500	[3],[4],[5]
Cost		$ 508,805	[3],[4],[5]	$ 508,805	[6],[7],[8]
Fair Value		$ 994,321	[3],[4],[5]	$ 1,177,786	[6],[7],[8]
% of Total Cash and Investments		0.06%	[3],[4],[5]	0.06%	[6],[7],[8]	0.06%	[3],[4],[5]
Internet Software and Services | InMobi, Inc. (Singapore) | Equity Securities | Warrants to Purchase Series E Preferred Stock
Schedule Of Investments [Line Items]
Expiration		Sep. 18, 2025	[3],[4],[5],[10]	Sep. 18, 2025	[6],[7],[8],[12]
Shares | shares		1,049,996	[3],[4],[5],[10]	1,049,996	[6],[7],[8],[12]	1,049,996	[3],[4],[5],[10]
Cost		$ 276,492	[3],[4],[5],[10]	$ 276,492	[6],[7],[8],[12]
Fair Value		$ 1,438,612	[3],[4],[5],[10]	$ 1,705,572	[6],[7],[8],[12]
% of Total Cash and Investments		0.09%	[3],[4],[5],[10]	0.09%	[6],[7],[8],[12]	0.09%	[3],[4],[5],[10]
Internet Software and Services | InMobi, Inc. (Singapore) | Equity Securities | Warrants to Purchase Series E Preferred Stock
Schedule Of Investments [Line Items]
Expiration		Oct. 03, 2028	[3],[4],[5],[10]	Oct. 03, 2028	[6],[7],[8],[12]
Shares | shares		1,511,002	[3],[4],[5],[10]	1,511,002	[6],[7],[8],[12]	1,511,002	[3],[4],[5],[10]
Cost		$ 93,407	[3],[4],[5],[10]	$ 93,407	[6],[7],[8],[12]
Fair Value		$ 1,712,638	[3],[4],[5],[10]	$ 455,361	[6],[7],[8],[12]
% of Total Cash and Investments		0.10%	[3],[4],[5],[10]	0.02%	[6],[7],[8],[12]	0.10%	[3],[4],[5],[10]
Internet Software and Services | InMobi, Inc. (Singapore) | Equity Securities | Warrants to Purchase Common Stock
Schedule Of Investments [Line Items]
Expiration		Aug. 15, 2027	[3],[4],[5],[10]	Aug. 15, 2027	[6],[7],[8],[12]
Shares | shares		1,327,869	[3],[4],[5],[10]	1,327,869	[6],[7],[8],[12]	1,327,869	[3],[4],[5],[10]
Cost		$ 212,360	[3],[4],[5],[10]	$ 212,360	[6],[7],[8],[12]
Fair Value		$ 1,718,934	[3],[4],[5],[10]	$ 2,038,279	[6],[7],[8],[12]
% of Total Cash and Investments		0.10%	[3],[4],[5],[10]	0.11%	[6],[7],[8],[12]	0.10%	[3],[4],[5],[10]
Internet Software and Services | ResearchGate Corporation (Germany) | Equity Securities | Warrants to Purchase Series D Preferred Stock
Schedule Of Investments [Line Items]
Expiration		Oct. 30, 2029	[3],[4],[5],[9],[10]	Oct. 30, 2029	[6],[7],[8],[11],[12]
Shares | shares		333,370	[3],[4],[5],[9],[10]	333,370	[6],[7],[8],[11],[12]	333,370	[3],[4],[5],[9],[10]
Cost		$ 202,001	[3],[4],[5],[9],[10]	$ 202,001	[6],[7],[8],[11],[12]
Fair Value		$ 73,400	[3],[4],[5],[9],[10]	$ 111,200	[6],[7],[8],[11],[12]
% of Total Cash and Investments		0%	[3],[4],[5],[9],[10]	0.01%	[6],[7],[8],[11],[12]	0%	[3],[4],[5],[9],[10]
Internet Software and Services | SnapLogic, Inc. | Equity Securities | Warrants to Purchase Series Preferred Stock
Schedule Of Investments [Line Items]
Expiration		Mar. 19, 2028	[3],[4],[5]	Mar. 19, 2028	[6],[7],[8]
Shares | shares		1,860,000	[3],[4],[5]	1,860,000	[6],[7],[8]	1,860,000	[3],[4],[5]
Cost		$ 377,722	[3],[4],[5]	$ 377,722	[6],[7],[8]
Fair Value		$ 4,600,000	[3],[4],[5]	$ 4,950,000	[6],[7],[8]
% of Total Cash and Investments		0.28%	[3],[4],[5]	0.27%	[6],[7],[8]	0.28%	[3],[4],[5]
IT Services | Fidelis (SVC), LLC | Equity Securities | Preferred Unit-C
Schedule Of Investments [Line Items]
Shares | shares		657,932	[3],[4],[5]	657,932	[6],[7],[8]	657,932	[3],[4],[5]
Cost		$ 2,001,384	[3],[4],[5]	$ 2,001,384	[6],[7],[8]
Fair Value		$ 60,188	[3],[4],[5]	$ 72,618	[6],[7],[8]
% of Total Cash and Investments		0%	[3],[4],[5]	0%	[6],[7],[8]	0%	[3],[4],[5]
Media | Equity Securities
Schedule Of Investments [Line Items]
Cost		$ 144,327		$ 3,311,252
Fair Value		$ 689,833		$ 18,257,965
% of Total Cash and Investments		0.04%		0.98%		0.04%
Media | Quora, Inc. | Equity Securities | Warrants to Purchase Series D Preferred Stock
Schedule Of Investments [Line Items]
Expiration		Apr. 11, 2029	[3],[4],[5]	Apr. 11, 2029	[6],[7],[8]
Shares | shares		507,704	[3],[4],[5]	507,704	[6],[7],[8]	507,704	[3],[4],[5]
Cost		$ 65,245	[3],[4],[5]	$ 65,245	[6],[7],[8]
Fair Value		$ 73,257	[3],[4],[5]	$ 154,342	[6],[7],[8]
% of Total Cash and Investments		0%	[3],[4],[5]	0.01%	[6],[7],[8]	0%	[3],[4],[5]
Media | NEG Parent, LLC (CORE Entertainment, Inc.) | Equity Securities | Class A Units
Schedule Of Investments [Line Items]
Shares | shares	[6],[7],[8],[14]			2,720,392
Cost	[6],[7],[8],[14]			$ 2,772,807
Fair Value	[6],[7],[8],[14]			$ 15,224,581
% of Total Cash and Investments	[6],[7],[8],[14]			0.81%
Media | NEG Parent, LLC (CORE Entertainment, Inc.) | Equity Securities | Class A Warrants To Purchase Class A Units
Schedule Of Investments [Line Items]
Expiration	[6],[7],[8],[14]			Oct. 17, 2026
Shares | shares	[6],[7],[8],[14]			343,387
Cost	[6],[7],[8],[14]			$ 196,086
Fair Value	[6],[7],[8],[14]			$ 1,409,955
% of Total Cash and Investments	[6],[7],[8],[14]			0.08%
Media | NEG Parent, LLC (CORE Entertainment, Inc.) | Equity Securities | Class B Warrants To Purchase Class A Units
Schedule Of Investments [Line Items]
Expiration	[6],[7],[8],[14]			Oct. 17, 2026
Shares | shares	[6],[7],[8],[14]			346,794
Cost	[6],[7],[8],[14]			$ 198,032
Fair Value	[6],[7],[8],[14]			$ 1,423,944
% of Total Cash and Investments	[6],[7],[8],[14]			0.08%
Media | SoundCloud, Ltd. (United Kingdom) | Equity Securities | Warrants to Purchase Preferred Stock
Schedule Of Investments [Line Items]
Expiration		Apr. 29, 2025	[3],[4],[5],[10]	Apr. 29, 2025	[6],[7],[8],[12]
Shares | shares		946,498	[3],[4],[5],[10]	946,498	[6],[7],[8],[12]	946,498	[3],[4],[5],[10]
Cost		$ 79,082	[3],[4],[5],[10]	$ 79,082	[6],[7],[8],[12]
Fair Value		$ 616,576	[3],[4],[5],[10]	$ 45,143	[6],[7],[8],[12]
% of Total Cash and Investments		0.04%	[3],[4],[5],[10]	0%	[6],[7],[8],[12]	0.04%	[3],[4],[5],[10]
Oil, Gas and Consumable Fuels | Iracore Investments Holdings, Inc. | Equity Securities | Class A Common Stock
Schedule Of Investments [Line Items]
Shares | shares		16,207	[3],[4],[5],[13]	16,207	[6],[7],[8],[14]	16,207	[3],[4],[5],[13]
Cost		$ 4,177,710	[3],[4],[5],[13]	$ 4,177,710	[6],[7],[8],[14]
Fair Value		$ 2,983,163	[3],[4],[5],[13]	$ 4,344,746	[6],[7],[8],[14]
% of Total Cash and Investments		0.18%	[3],[4],[5],[13]	0.23%	[6],[7],[8],[14]	0.18%	[3],[4],[5],[13]
Professional Services | Anacomp, Inc. | Equity Securities | Class A Common Stock
Schedule Of Investments [Line Items]
Shares | shares		1,255,527	[3],[4],[5],[15]	1,255,527	[6],[7],[8],[16]	1,255,527	[3],[4],[5],[15]
Cost		$ 26,711,048		$ 26,711,048	[6],[7],[8],[16]
Fair Value		$ 552,432	[3],[4],[5],[15]	$ 326,437	[6],[7],[8],[16]
% of Total Cash and Investments		0.03%	[3],[4],[5],[15]	0.02%	[6],[7],[8],[16]	0.03%	[3],[4],[5],[15]
Semiconductors and Semiconductor Equipment
Schedule Of Investments [Line Items]
Cost	[19]	$ 6,121,816
Fair Value	[19]	$ 6,010,415
% of Total Cash and Investments	[19]	0.36%				0.36%
Semiconductors and Semiconductor Equipment | Nanosys, Inc. | Equity Securities | Warrants to Purchase Preferred Stock
Schedule Of Investments [Line Items]
Expiration		Mar. 29, 2023	[3],[4],[5]	Mar. 29, 2023	[6],[7],[8]
Shares | shares		800,000	[3],[4],[5]	800,000	[6],[7],[8]	800,000	[3],[4],[5]
Cost		$ 605,266	[3],[4],[5]	$ 605,266	[6],[7],[8]
Fair Value		$ 261,441	[3],[4],[5]	$ 962,482	[6],[7],[8]
% of Total Cash and Investments		0.02%	[3],[4],[5]	0.05%	[6],[7],[8]	0.02%	[3],[4],[5]
Semiconductors and Semiconductor Equipment | SOFR | Emerald Technologies (U.S.) AcquisitionCo, Inc. | First Lien Term Loan
Schedule Of Investments [Line Items]
Spread	[19]	6.25%				6.25%
Total Coupon	[19]	10.67%				10.67%
Maturity	[19]	Dec. 29, 2027				Dec. 29, 2027
Principal	[19]	$ 5,494,916
Cost	[19]	5,398,475
Fair Value	[19]	$ 5,215,582
% of Total Cash and Investments	[19]	0.31%				0.31%
Semiconductors and Semiconductor Equipment | SOFR | Emerald Technologies (U.S.) AcquisitionCo, Inc. | First Lien Term Loan | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[3],[19]	1%				1%
Semiconductors and Semiconductor Equipment | SOFR | Emerald Technologies (U.S.) AcquisitionCo, Inc. | Sr Secured Revolver
Schedule Of Investments [Line Items]
Spread	[3],[19]	6%				6%
Total Coupon	[3],[19]	10.42%				10.42%
Maturity	[3],[19]	Dec. 29, 2026				Dec. 29, 2026
Principal	[3],[19]	$ 955,261
Cost	[3],[19]	723,341
Fair Value	[3],[19]	$ 794,833
% of Total Cash and Investments	[3],[19]	0.05%				0.05%
Software | Equity Securities
Schedule Of Investments [Line Items]
Cost		$ 577,843
Fair Value		$ 643,696
% of Total Cash and Investments		0.04%				0.04%
Software | Grey Orange International Inc. | Equity Securities | Warrants to Purchase Common Stock
Schedule Of Investments [Line Items]
Expiration	[3],[4],[5]	May 06, 2032
Shares | shares	[3],[4],[5]	5,678				5,678
Cost	[3],[4],[5]	$ 0
Fair Value	[3],[4],[5]	$ 24,075
% of Total Cash and Investments	[3],[4],[5]	0%				0%
Software | Tradeshift, Inc. | Equity Securities | Warrants to Purchase Series D Preferred Stock
Schedule Of Investments [Line Items]
Expiration		Mar. 26, 2027	[3],[4],[5]	Mar. 26, 2027	[6],[7],[8]
Shares | shares		1,712,930	[3],[4],[5]	1,712,930	[6],[7],[8]	1,712,930	[3],[4],[5]
Cost		$ 577,843	[3],[4],[5]	$ 577,843	[6],[7],[8]
Fair Value		$ 619,621	[3],[4],[5]	$ 1,486,325	[6],[7],[8]
% of Total Cash and Investments		0.04%	[3],[4],[5]	0.08%	[6],[7],[8]	0.04%	[3],[4],[5]
Trading Companies & Distributors | Blackbird Holdco, Inc. (Ohio Transmission Corp.) | Equity Securities | Preferred Stock
Schedule Of Investments [Line Items]
Spread PIK	[6],[8]			12.50%
Shares | shares	[6],[8]			7,108
Cost	[6],[8]			$ 6,966,113
Fair Value	[6],[8]			$ 6,966,551
% of Total Cash and Investments	[6],[8]			0.37%
Trading Companies & Distributors | Fixed | Blackbird Holdco, Inc. (Ohio Transmission Corp.) | Equity Securities | Preferred Stock
Schedule Of Investments [Line Items]
Spread PIK	[3],[5]	12.50%				12.50%
Shares | shares	[3],[5]	7,108				7,108
Cost	[3],[5]	$ 7,926,299
Fair Value	[3],[5]	$ 6,752,955
% of Total Cash and Investments	[3],[5]	0.40%				0.40%
Chemicals | AGY Equity, LLC | Equity Securities
Schedule Of Investments [Line Items]
Cost		$ 485,322		$ 485,322
Fair Value		$ 0		$ 107,207
% of Total Cash and Investments		0%		0.01%		0%
Chemicals | AGY Equity, LLC | Equity Securities | Class A Preferred Stock
Schedule Of Investments [Line Items]
Shares | shares		1,786,785	[3],[4],[5],[13]	1,786,785	[6],[7],[8]	1,786,785	[3],[4],[5],[13]
Cost		$ 485,322	[3],[4],[5],[13]	$ 485,322	[6],[7],[8]
Fair Value		$ 0	[3],[4],[5],[13]	$ 107,207	[6],[7],[8]
% of Total Cash and Investments		0%	[3],[4],[5],[13]	0.01%	[6],[7],[8]	0%	[3],[4],[5],[13]
Chemicals | AGY Equity, LLC | Equity Securities | Class B Preferred Stock
Schedule Of Investments [Line Items]
Shares | shares		1,250,749	[3],[4],[5],[13]	1,250,749	[6],[7],[8]	1,250,749	[3],[4],[5],[13]
Cost		$ 0	[3],[4],[5],[13]	$ 0	[6],[7],[8]
Fair Value		$ 0	[3],[4],[5],[13]	$ 0	[6],[7],[8]
% of Total Cash and Investments		0%	[3],[4],[5],[13]	0%	[6],[7],[8]	0%	[3],[4],[5],[13]
Chemicals | AGY Equity, LLC | Equity Securities | Class C Preferred Stock
Schedule Of Investments [Line Items]
Shares | shares	[6],[7],[8]			982,732
Cost	[6],[7],[8]			$ 0
Fair Value	[6],[7],[8]			$ 0
% of Total Cash and Investments	[6],[7],[8]			0%
Chemicals | AGY Equity, LLC | Equity Securities | Class C Common Stock
Schedule Of Investments [Line Items]
Shares | shares	[3],[4],[5],[13]	982,732				982,732
Cost	[3],[4],[5],[13]	$ 0
Fair Value	[3],[4],[5],[13]	$ 0
% of Total Cash and Investments	[3],[4],[5],[13]	0%				0%
Electronic Equipment, Instruments and Components | Soraa, Inc. | Equity Securities | Warrants to Purchase Preferred Stock
Schedule Of Investments [Line Items]
Expiration		Aug. 29, 2024	[3],[4],[5]	Aug. 29, 2024	[6],[7],[8]
Shares | shares		3,071,860	[3],[4],[5]	3,071,860	[6],[7],[8]	3,071,860	[3],[4],[5]
Cost		$ 478,899	[3],[4],[5]	$ 478,899	[6],[7],[8]
Fair Value		$ 0	[3],[4],[5]	$ 0	[6],[7],[8]
% of Total Cash and Investments		0%	[3],[4],[5]	0%	[6],[7],[8]	0%	[3],[4],[5]
Energy Equipment and Services | GlassPoint, Inc. | Equity Securities | Warrants to Purchase Common Stock
Schedule Of Investments [Line Items]
Expiration		Sep. 12, 2029	[3],[4],[5]	Sep. 12, 2029	[6],[7],[8]
Shares | shares		16	[3],[4],[5]	16	[6],[7],[8]	16	[3],[4],[5]
Cost		$ 275,200	[3],[4],[5]	$ 275,200	[6],[7],[8]
Fair Value		$ 2,687,071	[3],[4],[5]	$ 271,030	[6],[7],[8]
% of Total Cash and Investments		0.16%	[3],[4],[5]	0.01%	[6],[7],[8]	0.16%	[3],[4],[5]
Pharmaceuticals | Inotiv, Inc. | Equity Securities | Common Stock
Schedule Of Investments [Line Items]
Shares | shares	[4],[5]	14,578				14,578
Cost	[4],[5]	$ 0
Fair Value	[4],[5]	$ 72,015
% of Total Cash and Investments	[4],[5]	0%				0%
Life Sciences Tools and Services | Envigo RMS Holdings Corp. | Equity Securities | Common Stock
Schedule Of Investments [Line Items]
Shares | shares	[6],[7],[8]			36
Cost	[6],[7],[8]			$ 0
Fair Value	[6],[7],[8]			$ 790,349
% of Total Cash and Investments	[6],[7],[8]			0.04%
Debt Investments
Schedule Of Investments [Line Items]
Cost		$ 1,512,893,754	[19]	$ 1,657,399,890	[20]
Fair Value		$ 1,420,427,739	[19]	$ 1,634,758,271	[20]
% of Total Cash and Investments		83.95%	[19]	87.86%	[20]	83.95%	[19]
Debt Investments | Aerospace and Defense
Schedule Of Investments [Line Items]
Cost	[20]			$ 27,322,205
Fair Value	[20]			$ 27,474,490
% of Total Cash and Investments	[20]			1.48%
Debt Investments | Aerospace and Defense | LIBOR | Unanet, Inc. | First Lien Delayed Draw Term Loan
Schedule Of Investments [Line Items]
Spread	[6],[20]			6.25%
Total Coupon	[6],[20]			6.38%
Maturity	[6],[20]			May 31, 2024
Principal	[6],[20]			$ 5,127,551
Cost	[6],[20]			5,098,572
Fair Value	[6],[20]			$ 5,127,551
% of Total Cash and Investments	[6],[20]			0.28%
Debt Investments | Aerospace and Defense | LIBOR | Unanet, Inc. | First Lien Delayed Draw Term Loan | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[6],[20]			0%
Debt Investments | Aerospace and Defense | LIBOR | Unanet, Inc. | First Lien Term Loan
Schedule Of Investments [Line Items]
Spread	[6],[20]			6.25%
Total Coupon	[6],[20]			6.38%
Maturity	[6],[20]			May 31, 2024
Principal	[6],[20]			$ 19,897,959
Cost	[6],[20]			19,787,503
Fair Value	[6],[20]			$ 19,897,959
% of Total Cash and Investments	[6],[20]			1.07%
Debt Investments | Aerospace and Defense | LIBOR | Unanet, Inc. | First Lien Term Loan | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[6],[20]			0%
Debt Investments | Aerospace and Defense | LIBOR | Unanet, Inc. | Sr Secured Revolver
Schedule Of Investments [Line Items]
Spread	[6],[20]			6.25%
Total Coupon	[6],[20]			6.38%
Maturity	[6],[20]			May 31, 2024
Principal	[6],[20]			$ 2,448,980
Cost	[6],[20]			2,436,130
Fair Value	[6],[20]			$ 2,448,980
% of Total Cash and Investments	[6],[20]			0.13%
Debt Investments | Aerospace and Defense | LIBOR | Unanet, Inc. | Sr Secured Revolver | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[6],[20]			0%
Debt Investments | Airlines
Schedule Of Investments [Line Items]
Cost	[20]			$ 13,709,452
Fair Value	[20]			$ 13,687,944
% of Total Cash and Investments	[20]			0.74%
Debt Investments | Airlines | LIBOR | Mesa Airlines, Inc. | First Lien Term Loan
Schedule Of Investments [Line Items]
Spread	[6],[20]			5%
Total Coupon	[6],[20]			7%
Maturity	[6],[20]			Jun. 05, 2023
Principal	[6],[20]			$ 9,292,922
Cost	[6],[20]			9,244,217
Fair Value	[6],[20]			$ 9,292,922
% of Total Cash and Investments	[6],[20]			0.50%
Debt Investments | Airlines | LIBOR | Mesa Airlines, Inc. | First Lien Term Loan | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[6],[20]			2%
Debt Investments | Airlines | LIBOR | Mesa Airlines, Inc. | First Lien Incremental Term Loan
Schedule Of Investments [Line Items]
Spread		5%	[3],[19]	5%	[6],[20]	5%	[3],[19]
Total Coupon		9.38%	[3],[19]	7%	[6],[20]	9.38%	[3],[19]
Maturity		Sep. 27, 2023	[3],[19]	Sep. 27, 2023	[6],[20]	Sep. 27, 2023	[3],[19]
Principal		$ 531,024	[3],[19]	$ 1,239,056	[6],[20]
Cost		529,625	[3],[19]	1,231,663	[6],[20]
Fair Value		$ 531,024	[3],[19]	$ 1,239,056	[6],[20]
% of Total Cash and Investments		0.03%	[3],[19]	0.07%	[6],[20]	0.03%	[3],[19]
Debt Investments | Airlines | LIBOR | Mesa Airlines, Inc. | First Lien Incremental Term Loan | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor		2%	[3],[19]	2%	[6],[20]	2%	[3],[19]
Debt Investments | Airlines | Fixed | Epic Aero, Inc. | Unsecured Notes
Schedule Of Investments [Line Items]
Spread	[6],[20]			0%
Total Coupon	[6],[20]			2%
Maturity	[6],[20]			Dec. 31, 2022
Principal	[6],[20]			$ 3,233,572
Cost	[6],[20]			3,233,572
Fair Value	[6],[20]			$ 3,155,966
% of Total Cash and Investments	[6],[20]			0.17%
Debt Investments | Airlines | Fixed | Epic Aero, Inc. | Unsecured Notes | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[6],[20]			0%
Debt Investments | Automobiles
Schedule Of Investments [Line Items]
Cost		$ 68,839,999	[19]	$ 65,965,431	[20]
Fair Value		$ 35,600,000	[19]	$ 64,802,308	[20]
% of Total Cash and Investments		2.10%	[19]	3.48%	[20]	2.10%	[19]
Debt Investments | Automobiles | LIBOR | ALCV Purchaser, Inc. (AutoLenders) | First Lien Term Loan
Schedule Of Investments [Line Items]
Spread		6.75%	[3],[19],[21]	6.75%	[6],[20],[22]	6.75%	[3],[19],[21]
Total Coupon		11.45%	[3],[19],[21]	7.75%	[6],[20],[22]	11.45%	[3],[19],[21]
Maturity		Apr. 15, 2026	[3],[19],[21]	Feb. 25, 2026	[6],[20],[22]	Apr. 15, 2026	[3],[19],[21]
Principal		$ 6,537,976	[3],[19],[21]	$ 7,955,687	[6],[20],[22]
Cost		6,458,830	[3],[19],[21]	7,848,773	[6],[20],[22]
Fair Value		$ 6,537,976	[3],[19],[21]	$ 8,131,508	[6],[20],[22]
% of Total Cash and Investments		0.39%	[3],[19],[21]	0.44%	[6],[20],[22]	0.39%	[3],[19],[21]
Debt Investments | Automobiles | LIBOR | ALCV Purchaser, Inc. (AutoLenders) | First Lien Term Loan | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor		1%	[3],[19],[21]	1%	[6],[20],[22]	1%	[3],[19],[21]
Debt Investments | Automobiles | LIBOR | ALCV Purchaser, Inc. (AutoLenders) | Sr Secured Revolver
Schedule Of Investments [Line Items]
Spread	[3],[19],[23]	6.75%				6.75%
Total Coupon	[3],[19],[23]	11.39%				11.39%
Maturity	[3],[19],[23]	Apr. 15, 2026				Apr. 15, 2026
Principal	[3],[19],[23]	$ 662,974
Cost	[3],[19],[23]	656,491
Fair Value	[3],[19],[23]	$ 662,974
% of Total Cash and Investments	[3],[19],[23]	0.04%				0.04%
Debt Investments | Automobiles | LIBOR | ALCV Purchaser, Inc. (AutoLenders) | Sr Secured Revolver | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[3],[19],[23]	1%				1%
Debt Investments | Automobiles | LIBOR | ALCV Purchaser, Inc. (AutoLenders) | First Lien Revolver
Schedule Of Investments [Line Items]
Spread	[6],[20],[22],[24]			6.75%
Total Coupon	[6],[20],[22],[24]			7.75%
Maturity	[6],[20],[22],[24]			Feb. 25, 2026
Principal	[6],[20],[22],[24]			$ 0
Cost	[6],[20],[22],[24]			(8,587)
Fair Value	[6],[20],[22],[24]			$ 0
% of Total Cash and Investments	[6],[20],[22],[24]			0%
Debt Investments | Automobiles | LIBOR | ALCV Purchaser, Inc. (AutoLenders) | First Lien Revolver | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[6],[20],[22],[24]			1%
Debt Investments | Automobiles | LIBOR | Autoalert, LLC | First Lien Incremental Term Loan
Schedule Of Investments [Line Items]
Spread	[6],[20]			8.75%
Total Coupon	[6],[20]			10%
Maturity	[6],[20]			Jan. 01, 2023
Principal	[6],[20]			$ 58,243,371
Cost	[6],[20]			58,125,245
Fair Value	[6],[20]			$ 56,670,800
% of Total Cash and Investments	[6],[20]			3.04%
Debt Investments | Automobiles | LIBOR | Autoalert, LLC | First Lien Incremental Term Loan | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[6],[20]			1.25%
Debt Investments | Automobiles | SOFR | Autoalert, LLC | First Lien Incremental Term Loan
Schedule Of Investments [Line Items]
Spread	[3],[19],[23]	8.75%				8.75%
Total Coupon	[3],[19],[23]	12.46%				12.46%
Maturity	[3],[19],[23]	Feb. 15, 2023				Feb. 15, 2023
Principal	[3],[19],[23]	$ 61,737,067
Cost	[3],[19],[23]	61,724,678
Fair Value	[3],[19],[23]	$ 28,399,050
% of Total Cash and Investments	[3],[19],[23]	1.67%				1.67%
Debt Investments | Automobiles | SOFR | Autoalert, LLC | First Lien Incremental Term Loan | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[3],[19],[23]	1.25%				1.25%
Debt Investments | Building Products
Schedule Of Investments [Line Items]
Cost		$ 7,030,660	[19]	$ 6,074,265	[20]
Fair Value		$ 7,185,797	[19]	$ 6,256,167	[20]
% of Total Cash and Investments		0.42%	[19]	0.34%	[20]	0.42%	[19]
Debt Investments | Building Products | LIBOR | Porcelain Acquisition Corporation (Paramount) | First Lien Delayed Draw Term Loan
Schedule Of Investments [Line Items]
Spread		5.75%	[3],[19]	6%	[6],[20],[24]	5.75%	[3],[19]
Total Coupon		10.48%	[3],[19]	7%	[6],[20],[24]	10.48%	[3],[19]
Maturity		Apr. 30, 2027	[3],[19]	Apr. 30, 2027	[6],[20],[24]	Apr. 30, 2027	[3],[19]
Principal		$ 963,102	[3],[19]	$ 0	[6],[20],[24]
Cost		948,389	[3],[19]	(47,806)	[6],[20],[24]
Fair Value		$ 968,881	[3],[19]	$ 5,374	[6],[20],[24]
% of Total Cash and Investments		0.06%	[3],[19]	0%	[6],[20],[24]	0.06%	[3],[19]
Debt Investments | Building Products | LIBOR | Porcelain Acquisition Corporation (Paramount) | First Lien Delayed Draw Term Loan | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor		1%	[3],[19]	1%	[6],[20],[24]	1%	[3],[19]
Debt Investments | Building Products | LIBOR | Porcelain Acquisition Corporation (Paramount) | First Lien Term Loan
Schedule Of Investments [Line Items]
Spread		5.75%	[3],[19]	6%	[6],[20]	5.75%	[3],[19]
Total Coupon		10.48%	[3],[19]	7%	[6],[20]	10.48%	[3],[19]
Maturity		Apr. 30, 2027	[3],[19]	Apr. 30, 2027	[6],[20]	Apr. 30, 2027	[3],[19]
Principal		$ 6,179,837	[3],[19]	$ 6,238,316	[6],[20]
Cost		6,082,271	[3],[19]	6,122,071	[6],[20]
Fair Value		$ 6,216,916	[3],[19]	$ 6,250,793	[6],[20]
% of Total Cash and Investments		0.36%	[3],[19]	0.34%	[6],[20]	0.36%	[3],[19]
Debt Investments | Building Products | LIBOR | Porcelain Acquisition Corporation (Paramount) | First Lien Term Loan | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor		1%	[3],[19]	1%	[6],[20]	1%	[3],[19]
Debt Investments | Capital Markets
Schedule Of Investments [Line Items]
Cost		$ 44,865,956	[19]	$ 44,339,615	[20]
Fair Value		$ 46,424,787	[19]	$ 46,937,521	[20]
% of Total Cash and Investments		2.75%	[19]	2.52%	[20]	2.75%	[19]
Debt Investments | Capital Markets | LIBOR | Pico Quantitative Trading, LLC | First Lien Term Loan
Schedule Of Investments [Line Items]
Spread	[6],[20],[25]			7.25%
Total Coupon	[6],[20],[25]			8.75%
Maturity	[6],[20],[25]			Feb. 07, 2025
Principal	[6],[20],[25]			$ 21,791,007
Cost	[6],[20],[25]			21,142,617
Fair Value	[6],[20],[25]			$ 22,008,917
% of Total Cash and Investments	[6],[20],[25]			1.18%
Debt Investments | Capital Markets | LIBOR | Pico Quantitative Trading, LLC | First Lien Term Loan | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[6],[20],[25]			1.50%
Debt Investments | Capital Markets | LIBOR | Pico Quantitative Trading, LLC | First Lien Incremental Term Loan
Schedule Of Investments [Line Items]
Spread	[6],[20]			7.25%
Total Coupon	[6],[20]			8.75%
Maturity	[6],[20]			Feb. 07, 2025
Principal	[6],[20]			$ 24,415,870
Cost	[6],[20]			23,196,998
Fair Value	[6],[20]			$ 24,928,604
% of Total Cash and Investments	[6],[20]			1.34%
Debt Investments | Capital Markets | LIBOR | Pico Quantitative Trading, LLC | First Lien Incremental Term Loan | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[6],[20]			1.50%
Debt Investments | Capital Markets | SOFR | Pico Quantitative Trading, LLC | First Lien Term Loan
Schedule Of Investments [Line Items]
Spread	[3],[19],[26]	7.25%				7.25%
Total Coupon	[3],[19],[26]	11.98%				11.98%
Maturity	[3],[19],[26]	Feb. 07, 2025				Feb. 07, 2025
Principal	[3],[19],[26]	$ 21,791,007
Cost	[3],[19],[26]	21,330,811
Fair Value	[3],[19],[26]	$ 22,008,917
% of Total Cash and Investments	[3],[19],[26]	1.30%				1.30%
Debt Investments | Capital Markets | SOFR | Pico Quantitative Trading, LLC | First Lien Term Loan | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[3],[19],[26]	1.50%				1.50%
Debt Investments | Capital Markets | SOFR | Pico Quantitative Trading, LLC | First Lien Incremental Term Loan
Schedule Of Investments [Line Items]
Spread	[3],[19]	7.25%				7.25%
Total Coupon	[3],[19]	11.61%				11.61%
Maturity	[3],[19]	Feb. 07, 2025				Feb. 07, 2025
Principal	[3],[19]	$ 24,415,870
Cost	[3],[19]	23,535,145
Fair Value	[3],[19]	$ 24,415,870
% of Total Cash and Investments	[3],[19]	1.45%				1.45%
Debt Investments | Capital Markets | SOFR | Pico Quantitative Trading, LLC | First Lien Incremental Term Loan | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[3],[19]	1.50%				1.50%
Debt Investments | Commercial Services & Supplies
Schedule Of Investments [Line Items]
Cost		$ 8,098,617	[19]	$ 7,646,192	[20]
Fair Value		$ 7,571,746	[19]	$ 7,704,123	[20]
% of Total Cash and Investments		0.45%	[19]	0.41%	[20]	0.45%	[19]
Debt Investments | Commercial Services & Supplies | LIBOR | Thermostat Purchaser III, Inc. (Reedy Industries) | Second Lien Term Loan
Schedule Of Investments [Line Items]
Spread		7.25%	[3],[19]	7.25%	[6],[20]	7.25%	[3],[19]
Total Coupon		11.98%	[3],[19]	8%	[6],[20]	11.98%	[3],[19]
Maturity		Aug. 31, 2029	[3],[19]	Aug. 31, 2029	[6],[20]	Aug. 31, 2029	[3],[19]
Principal		$ 7,767,802	[3],[19]	$ 7,767,802	[6],[20]
Cost		7,666,578	[3],[19]	7,655,744	[6],[20]
Fair Value		$ 7,224,056	[3],[19]	$ 7,713,428	[6],[20]
% of Total Cash and Investments		0.43%	[3],[19]	0.41%	[6],[20]	0.43%	[3],[19]
Debt Investments | Commercial Services & Supplies | LIBOR | Thermostat Purchaser III, Inc. (Reedy Industries) | Second Lien Term Loan | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor		0.75%	[3],[19]	0.75%	[6],[20]	0.75%	[3],[19]
Debt Investments | Commercial Services & Supplies | LIBOR | Thermostat Purchaser III, Inc. (Reedy Industries) | Second Lien Delayed Draw Term Loan
Schedule Of Investments [Line Items]
Spread		7.25%	[3],[19],[27]	7.25%	[6],[20],[24]	7.25%	[3],[19],[27]
Total Coupon		11.98%	[3],[19],[27]	8%	[6],[20],[24]	11.98%	[3],[19],[27]
Maturity		Aug. 31, 2029	[3],[19],[27]	Aug. 31, 2029	[6],[20],[24]	Aug. 31, 2029	[3],[19],[27]
Principal		$ 0	[3],[19],[27]	$ 0	[6],[20],[24]
Cost		(8,306)	[3],[19],[27]	(9,552)	[6],[20],[24]
Fair Value		$ (93,047)	[3],[19],[27]	$ (9,305)	[6],[20],[24]
% of Total Cash and Investments		(0.01%)	[3],[19],[27]	0%	[6],[20],[24]	(0.01%)	[3],[19],[27]
Debt Investments | Commercial Services & Supplies | LIBOR | Thermostat Purchaser III, Inc. (Reedy Industries) | Second Lien Delayed Draw Term Loan | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor		0.75%	[3],[19],[27]	0.75%	[6],[20],[24]	0.75%	[3],[19],[27]
Debt Investments | Commercial Services & Supplies | SOFR | Pueblo Mechanical And Controls LLC [Member] | First Lien Delayed Draw Term Loan
Schedule Of Investments [Line Items]
Spread	[3],[19]	6%				6%
Total Coupon	[3],[19]	10.49%				10.49%
Maturity	[3],[19]	Aug. 23, 2028				Aug. 23, 2028
Principal	[3],[19]	$ 94,750
Cost	[3],[19]	88,844
Fair Value	[3],[19]	$ 88,925
% of Total Cash and Investments	[3],[19]	0.01%				0.01%
Debt Investments | Commercial Services & Supplies | SOFR | Pueblo Mechanical And Controls LLC [Member] | First Lien Delayed Draw Term Loan | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[3],[19]	0.75%				0.75%
Debt Investments | Commercial Services & Supplies | SOFR | Pueblo Mechanical And Controls LLC [Member] | First Lien Term Loan
Schedule Of Investments [Line Items]
Spread	[3],[19]	6%				6%
Total Coupon	[3],[19]	10.32%				10.32%
Maturity	[3],[19]	Aug. 23, 2028				Aug. 23, 2028
Principal	[3],[19]	$ 361,594
Cost	[3],[19]	352,873
Fair Value	[3],[19]	$ 353,169
% of Total Cash and Investments	[3],[19]	0.02%				0.02%
Debt Investments | Commercial Services & Supplies | SOFR | Pueblo Mechanical And Controls LLC [Member] | First Lien Term Loan | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[3],[19]	0.75%				0.75%
Debt Investments | Commercial Services & Supplies | SOFR | Pueblo Mechanical And Controls LLC [Member] | Sr Secured Revolver
Schedule Of Investments [Line Items]
Spread	[3],[19],[27]	6%				6%
Total Coupon	[3],[19],[27]	10.32%				10.32%
Maturity	[3],[19],[27]	Aug. 23, 2027				Aug. 23, 2027
Principal	[3],[19],[27]	$ 0
Cost	[3],[19],[27]	(1,372)
Fair Value	[3],[19],[27]	$ (1,357)
% of Total Cash and Investments	[3],[19],[27]	0%				0%
Debt Investments | Commercial Services & Supplies | SOFR | Pueblo Mechanical And Controls LLC [Member] | Sr Secured Revolver | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[3],[19],[27]	0.75%				0.75%
Debt Investments | Communications Equipment
Schedule Of Investments [Line Items]
Cost		$ 1,074,371	[19]	$ 8,978,200	[20]
Fair Value		$ 58,510	[19]	$ 1,614,124	[20]
% of Total Cash and Investments		0.01%	[19]	0.09%	[20]	0.01%	[19]
Debt Investments | Communications Equipment | LIBOR | Plate Newco 1 Limited (Avanti) (United Kingdom) | Subordinated E1 Term Loan
Schedule Of Investments [Line Items]
Spread PIK	[3],[10],[19],[23]	12.50%				12.50%
Total Coupon	[3],[10],[19],[23]	12.50%				12.50%
Maturity	[3],[10],[19],[23]	Oct. 13, 2023				Oct. 13, 2023
Principal	[3],[10],[19],[23]	$ 85,717
Cost	[3],[10],[19],[23]	58,232
Fair Value	[3],[10],[19],[23]	$ 8,572
% of Total Cash and Investments	[3],[10],[19],[23]	0%				0%
Debt Investments | Communications Equipment | LIBOR | Plate Newco 1 Limited (Avanti) (United Kingdom) | Subordinated E1 Term Loan | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[3],[10],[19],[23]	0%				0%
Debt Investments | Communications Equipment | LIBOR | Plate Newco 1 Limited (Avanti) (United Kingdom) | Subordinated E2 Term Loan
Schedule Of Investments [Line Items]
Spread PIK	[3],[10],[19],[23]	12.50%				12.50%
Total Coupon	[3],[10],[19],[23]	12.50%				12.50%
Maturity	[3],[10],[19],[23]	Oct. 13, 2023				Oct. 13, 2023
Principal	[3],[10],[19],[23]	$ 257,153
Cost	[3],[10],[19],[23]	174,697
Fair Value	[3],[10],[19],[23]	$ 25,715
% of Total Cash and Investments	[3],[10],[19],[23]	0.01%				0.01%
Debt Investments | Communications Equipment | LIBOR | Plate Newco 1 Limited (Avanti) (United Kingdom) | Subordinated E2 Term Loan | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[3],[10],[19],[23]	0%				0%
Debt Investments | Communications Equipment | LIBOR | Plate Newco 1 Limited (Avanti) (United Kingdom) | Subordinated F Term Loan
Schedule Of Investments [Line Items]
Spread PIK	[3],[10],[19],[23]	12.50%				12.50%
Total Coupon	[3],[10],[19],[23]	12.50%				12.50%
Maturity	[3],[10],[19],[23]	Oct. 13, 2023				Oct. 13, 2023
Principal	[3],[10],[19],[23]	$ 968,913
Cost	[3],[10],[19],[23]	633,949
Fair Value	[3],[10],[19],[23]	$ 24,223
% of Total Cash and Investments	[3],[10],[19],[23]	0%				0%
Debt Investments | Communications Equipment | LIBOR | Plate Newco 1 Limited (Avanti) (United Kingdom) | Subordinated F Term Loan | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[3],[10],[19],[23]	0%				0%
Debt Investments | Communications Equipment | LIBOR | Plate Newco 1 Limited (Avanti) (United Kingdom) | Subordinated G Term Loan
Schedule Of Investments [Line Items]
Spread PIK	[3],[10],[19],[23]	12.50%				12.50%
Total Coupon	[3],[10],[19],[23]	12.50%				12.50%
Maturity	[3],[10],[19],[23]	Oct. 13, 2023				Oct. 13, 2023
Principal	[3],[10],[19],[23]	$ 305,428
Cost	[3],[10],[19],[23]	207,493
Fair Value	[3],[10],[19],[23]	$ 0
% of Total Cash and Investments	[3],[10],[19],[23]	0%				0%
Debt Investments | Communications Equipment | LIBOR | Plate Newco 1 Limited (Avanti) (United Kingdom) | Subordinated G Term Loan | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[3],[10],[19],[23]	0%				0%
Debt Investments | Communications Equipment | Fixed | Avanti Communications Jersey Limited (United Kingdom) | Lien Term Loan
Schedule Of Investments [Line Items]
Spread	[6],[12],[20]			12.50%
Total Coupon	[6],[12],[20]			12.50%
Maturity	[6],[12],[20]			Jun. 30, 2022
Principal	[6],[12],[20]			$ 1,157,473
Cost	[6],[12],[20]			1,157,473
Fair Value	[6],[12],[20]			$ 578,737
% of Total Cash and Investments	[6],[12],[20]			0.03%
Debt Investments | Communications Equipment | Fixed | Avanti Communications Jersey Limited (United Kingdom) | Lien Term Loan | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[6],[12],[20]			0%
Debt Investments | Communications Equipment | Fixed | Avanti Communications Jersey Limited (United Kingdom) | 1.5 Lien Delayed Draw Term Loan
Schedule Of Investments [Line Items]
Spread	[6],[12],[20],[25]			12.50%
Total Coupon	[6],[12],[20],[25]			12.50%
Maturity	[6],[12],[20],[25]			Jun. 30, 2022
Principal	[6],[12],[20],[25]			$ 1,552,295
Cost	[6],[12],[20],[25]			1,552,295
Fair Value	[6],[12],[20],[25]			$ 539,423
% of Total Cash and Investments	[6],[12],[20],[25]			0.04%
Debt Investments | Communications Equipment | Fixed | Avanti Communications Jersey Limited (United Kingdom) | 1.5 Lien Delayed Draw Term Loan | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[6],[12],[20],[25]			0%
Debt Investments | Communications Equipment | Fixed | Avanti Communications Jersey Limited (United Kingdom) | 1.5 Lien Term Loan
Schedule Of Investments [Line Items]
Spread	[6],[12],[20],[25]			12.50%
Total Coupon	[6],[12],[20],[25]			12.50%
Maturity	[6],[12],[20],[25]			Jun. 30, 2022
Principal	[6],[12],[20],[25]			$ 361,520
Cost	[6],[12],[20],[25]			341,296
Fair Value	[6],[12],[20],[25]			$ 125,628
% of Total Cash and Investments	[6],[12],[20],[25]			0.01%
Debt Investments | Communications Equipment | Fixed | Avanti Communications Jersey Limited (United Kingdom) | 1.5 Lien Term Loan | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[6],[12],[20],[25]			0%
Debt Investments | Communications Equipment | Fixed | Avanti Communications Jersey Limited (United Kingdom) | 1.0625 Lien Term Loan
Schedule Of Investments [Line Items]
Spread	[6],[12],[20]			12.50%
Total Coupon	[6],[12],[20]			12.50%
Maturity	[6],[12],[20]			Sep. 20, 2022
Principal	[6],[12],[20]			$ 320,085
Cost	[6],[12],[20]			271,330
Fair Value	[6],[12],[20]			$ 276,985
% of Total Cash and Investments	[6],[12],[20]			0.01%
Debt Investments | Communications Equipment | Fixed | Avanti Communications Jersey Limited (United Kingdom) | 1.0625 Lien Term Loan | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[6],[12],[20]			0%
Debt Investments | Communications Equipment | Fixed | Avanti Communications Group P L C | Sr New Money Initial Note
Schedule Of Investments [Line Items]
Spread	[6],[8],[12],[20],[22],[28]			9%
Total Coupon	[6],[8],[12],[20],[22],[28]			9%
Maturity	[6],[8],[12],[20],[22],[28]			Oct. 01, 2022
Principal	[6],[8],[12],[20],[22],[28]			$ 1,592,934
Cost	[6],[8],[12],[20],[22],[28]			1,591,586
Fair Value	[6],[8],[12],[20],[22],[28]			$ 26,283
% of Total Cash and Investments	[6],[8],[12],[20],[22],[28]			0%
Debt Investments | Communications Equipment | Fixed | Avanti Communications Group P L C | Sr New Money Initial Note | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[6],[8],[12],[20],[22],[28]			0%
Debt Investments | Communications Equipment | Fixed | Avanti Communications Group P L C | Sr Second-Priority PIK Toggle Note
Schedule Of Investments [Line Items]
Spread	[6],[8],[12],[20],[22],[28]			9%
Total Coupon	[6],[8],[12],[20],[22],[28]			9%
Maturity	[6],[8],[12],[20],[22],[28]			Oct. 01, 2022
Principal	[6],[8],[12],[20],[22],[28]			$ 4,064,721
Cost	[6],[8],[12],[20],[22],[28]			4,064,220
Fair Value	[6],[8],[12],[20],[22],[28]			$ 67,068
% of Total Cash and Investments	[6],[8],[12],[20],[22],[28]			0%
Debt Investments | Communications Equipment | Fixed | Avanti Communications Group P L C | Sr Second-Priority PIK Toggle Note | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[6],[8],[12],[20],[22],[28]			0%
Debt Investments | Construction and Engineering
Schedule Of Investments [Line Items]
Cost		$ 32,102,736	[19]	$ 30,324,536	[20]
Fair Value		$ 31,745,613	[19]	$ 24,012,038	[20]
% of Total Cash and Investments		1.88%	[19]	1.29%	[20]	1.88%	[19]
Debt Investments | Construction and Engineering | LIBOR | Homerenew Buyer, Inc. (Project Dream) | First Lien Term Loan
Schedule Of Investments [Line Items]
Spread	[6],[20]			6.50%
Total Coupon	[6],[20]			7.50%
Maturity	[6],[20]			Aug. 10, 2027
Principal	[6],[20]			$ 1,334,499
Cost	[6],[20]			1,301,616
Fair Value	[6],[20]			$ 1,299,802
% of Total Cash and Investments	[6],[20]			0.07%
Debt Investments | Construction and Engineering | LIBOR | Homerenew Buyer, Inc. (Project Dream) | First Lien Term Loan | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[6],[20]			1%
Debt Investments | Construction and Engineering | LIBOR | Homerenew Buyer, Inc. (Project Dream) | First Lien Delayed Draw Term Loan
Schedule Of Investments [Line Items]
Spread	[6],[20],[24]			6.50%
Total Coupon	[6],[20],[24]			7.50%
Maturity	[6],[20],[24]			Aug. 10, 2027
Principal	[6],[20],[24]			$ 0
Cost	[6],[20],[24]			(20,023)
Fair Value	[6],[20],[24]			$ (21,212)
% of Total Cash and Investments	[6],[20],[24]			0%
Debt Investments | Construction and Engineering | LIBOR | Homerenew Buyer, Inc. (Project Dream) | First Lien Delayed Draw Term Loan | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[6],[20],[24]			1%
Debt Investments | Construction and Engineering | LIBOR | Homerenew Buyer, Inc. (Project Dream) | Sr Secured Revolver
Schedule Of Investments [Line Items]
Spread	[6],[20],[24]			6.50%
Total Coupon	[6],[20],[24]			7.50%
Maturity	[6],[20],[24]			Nov. 23, 2027
Principal	[6],[20],[24]			$ 0
Cost	[6],[20],[24]			(8,589)
Fair Value	[6],[20],[24]			$ (9,091)
% of Total Cash and Investments	[6],[20],[24]			0%
Debt Investments | Construction and Engineering | LIBOR | Homerenew Buyer, Inc. (Project Dream) | Sr Secured Revolver | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[6],[20],[24]			1%
Debt Investments | Construction and Engineering | LIBOR | Hylan Datacom & Electrical, LLC | First Lien Incremental Term Loan
Schedule Of Investments [Line Items]
Spread PIK	[6],[20],[28]			4.50%
Spread Cash	[6],[20],[28]			5.50%
Total Coupon	[6],[20],[28]			11%
Maturity	[6],[20],[28]			Jul. 25, 2022
Principal	[6],[20],[28]			$ 2,718,976
Cost	[6],[20],[28]			2,703,044
Fair Value	[6],[20],[28]			$ 1,721,384
% of Total Cash and Investments	[6],[20],[28]			0.09%
Debt Investments | Construction and Engineering | LIBOR | Hylan Datacom & Electrical, LLC | First Lien Incremental Term Loan | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[6],[20],[28]			1%
Debt Investments | Construction and Engineering | LIBOR | Hylan Datacom & Electrical, LLC | First Lien Term Loan
Schedule Of Investments [Line Items]
Spread PIK	[6],[20],[25],[28]			4.50%
Spread Cash	[6],[20],[25],[28]			5.50%
Total Coupon	[6],[20],[25],[28]			11%
Maturity	[6],[20],[25],[28]			Jul. 25, 2022
Principal	[6],[20],[25],[28]			$ 15,049,675
Cost	[6],[20],[25],[28]			15,017,887
Fair Value	[6],[20],[25],[28]			$ 9,527,949
% of Total Cash and Investments	[6],[20],[25],[28]			0.51%
Debt Investments | Construction and Engineering | LIBOR | Hylan Datacom & Electrical, LLC | First Lien Term Loan | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[6],[20],[25],[28]			1%
Debt Investments | Construction and Engineering | LIBOR | Hylan Datacom & Electrical, LLC | First Lien Term Loan
Schedule Of Investments [Line Items]
Spread	[6],[20]			10%
Total Coupon	[6],[20]			11%
Maturity	[6],[20]			Jul. 25, 2022
Principal	[6],[20]			$ 368,944
Cost	[6],[20]			359,513
Fair Value	[6],[20]			$ 368,944
% of Total Cash and Investments	[6],[20]			0.02%
Debt Investments | Construction and Engineering | LIBOR | Hylan Datacom & Electrical, LLC | First Lien Term Loan | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[6],[20]			1%
Debt Investments | Construction and Engineering | LIBOR | PHRG Intermediate, LLC (Power Home) | First Lien Term Loan
Schedule Of Investments [Line Items]
Spread	[6],[20]			6%
Total Coupon	[6],[20]			6.75%
Maturity	[6],[20]			Dec. 16, 2026
Principal	[6],[20]			$ 2,500,000
Cost	[6],[20]			2,437,500
Fair Value	[6],[20]			$ 2,475,000
% of Total Cash and Investments	[6],[20]			0.13%
Debt Investments | Construction and Engineering | LIBOR | PHRG Intermediate, LLC (Power Home) | First Lien Term Loan | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[6],[20]			0.75%
Debt Investments | Construction and Engineering | LIBOR | Sunland Asphalt & Construction, LLC | First Lien Delayed Draw Term Loan
Schedule Of Investments [Line Items]
Spread		6%	[3],[19]	6%	[6],[20]	6%	[3],[19]
Total Coupon		11.15%	[3],[19]	7%	[6],[20]	11.15%	[3],[19]
Maturity		Jan. 13, 2026	[3],[19]	Jan. 13, 2026	[6],[20]	Jan. 13, 2026	[3],[19]
Principal		$ 2,161,987	[3],[19]	$ 2,184,049	[6],[20]
Cost		2,133,477	[3],[19]	2,146,335	[6],[20]
Fair Value		$ 2,114,424	[3],[19]	$ 2,173,436	[6],[20]
% of Total Cash and Investments		0.12%	[3],[19]	0.12%	[6],[20]	0.12%	[3],[19]
Debt Investments | Construction and Engineering | LIBOR | Sunland Asphalt & Construction, LLC | First Lien Delayed Draw Term Loan | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor		1%	[3],[19]	1%	[6],[20]	1%	[3],[19]
Debt Investments | Construction and Engineering | LIBOR | Sunland Asphalt & Construction, LLC | First Lien Term Loan
Schedule Of Investments [Line Items]
Spread		6%	[3],[19]	6%	[6],[20]	6%	[3],[19]
Total Coupon		11.15%	[3],[19]	7%	[6],[20]	11.15%	[3],[19]
Maturity		Jan. 13, 2026	[3],[19]	Jan. 13, 2026	[6],[20]	Jan. 13, 2026	[3],[19]
Principal		$ 6,429,702	[3],[19]	$ 6,495,312	[6],[20]
Cost		6,345,923	[3],[19]	6,387,253	[6],[20]
Fair Value		$ 6,288,249	[3],[19]	$ 6,475,826	[6],[20]
% of Total Cash and Investments		0.37%	[3],[19]	0.35%	[6],[20]	0.37%	[3],[19]
Debt Investments | Construction and Engineering | LIBOR | Sunland Asphalt & Construction, LLC | First Lien Term Loan | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor		1%	[3],[19]	1%	[6],[20]	1%	[3],[19]
Debt Investments | Construction and Engineering | SOFR | CSG Buyer, Inc. (Core States) | First Lien Delayed Draw Term Loan
Schedule Of Investments [Line Items]
Spread	[3],[19],[27]	6%				6%
Total Coupon	[3],[19],[27]	10.84%				10.84%
Maturity	[3],[19],[27]	Mar. 31, 2028				Mar. 31, 2028
Principal	[3],[19],[27]	$ 0
Cost	[3],[19],[27]	(58,423)
Fair Value	[3],[19],[27]	$ (105,162)
% of Total Cash and Investments	[3],[19],[27]	(0.01%)				(0.01%)
Debt Investments | Construction and Engineering | SOFR | CSG Buyer, Inc. (Core States) | First Lien Delayed Draw Term Loan | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[3],[19],[27]	1%				1%
Debt Investments | Construction and Engineering | SOFR | CSG Buyer, Inc. (Core States) | First Lien Term Loan
Schedule Of Investments [Line Items]
Spread	[3],[19]	6%				6%
Total Coupon	[3],[19]	10.84%				10.84%
Maturity	[3],[19]	Mar. 31, 2028				Mar. 31, 2028
Principal	[3],[19]	$ 8,915,215
Cost	[3],[19]	8,736,911
Fair Value	[3],[19]	$ 8,594,267
% of Total Cash and Investments	[3],[19]	0.52%				0.52%
Debt Investments | Construction and Engineering | SOFR | CSG Buyer, Inc. (Core States) | First Lien Term Loan | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[3],[19]	1%				1%
Debt Investments | Construction and Engineering | SOFR | CSG Buyer, Inc. (Core States) | Sr Secured Revolver
Schedule Of Investments [Line Items]
Spread	[3],[19],[27]	6%				6%
Total Coupon	[3],[19],[27]	10.84%				10.84%
Maturity	[3],[19],[27]	Mar. 31, 2028				Mar. 31, 2028
Principal	[3],[19],[27]	$ 0
Cost	[3],[19],[27]	(29,212)
Fair Value	[3],[19],[27]	$ (52,581)
% of Total Cash and Investments	[3],[19],[27]	0%				0%
Debt Investments | Construction and Engineering | SOFR | CSG Buyer, Inc. (Core States) | Sr Secured Revolver | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[3],[19],[27]	1%				1%
Debt Investments | Construction and Engineering | SOFR | Homerenew Buyer, Inc. (Project Dream) | First Lien Delayed Draw Term Loan
Schedule Of Investments [Line Items]
Spread	[3],[19]	6.50%				6.50%
Total Coupon	[3],[19]	11.36%				11.36%
Maturity	[3],[19]	Nov. 23, 2027				Nov. 23, 2027
Principal	[3],[19]	$ 3,552,660
Cost	[3],[19]	3,458,253
Fair Value	[3],[19]	$ 3,384,484
% of Total Cash and Investments	[3],[19]	0.20%				0.20%
Debt Investments | Construction and Engineering | SOFR | Homerenew Buyer, Inc. (Project Dream) | First Lien Delayed Draw Term Loan | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[3],[19]	1%				1%
Debt Investments | Construction and Engineering | SOFR | Homerenew Buyer, Inc. (Project Dream) | First Lien Term Loan
Schedule Of Investments [Line Items]
Spread	[3],[19]	6.50%				6.50%
Total Coupon	[3],[19]	11.54%				11.54%
Maturity	[3],[19]	Nov. 23, 2027				Nov. 23, 2027
Principal	[3],[19]	$ 1,695,068
Cost	[3],[19]	1,659,692
Fair Value	[3],[19]	$ 1,639,131
% of Total Cash and Investments	[3],[19]	0.10%				0.10%
Debt Investments | Construction and Engineering | SOFR | Homerenew Buyer, Inc. (Project Dream) | First Lien Term Loan | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[3],[19]	1%				1%
Debt Investments | Construction and Engineering | SOFR | Homerenew Buyer, Inc. (Project Dream) | Sr Secured Revolver
Schedule Of Investments [Line Items]
Spread	[3],[19]	6.50%				6.50%
Total Coupon	[3],[19]	11.12%				11.12%
Maturity	[3],[19]	Nov. 23, 2027				Nov. 23, 2027
Principal	[3],[19]	$ 138,097
Cost	[3],[19]	124,889
Fair Value	[3],[19]	$ 115,311
% of Total Cash and Investments	[3],[19]	0.01%				0.01%
Debt Investments | Construction and Engineering | SOFR | Homerenew Buyer, Inc. (Project Dream) | Sr Secured Revolver | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[3],[19]	1%				1%
Debt Investments | Construction and Engineering | SOFR | Hylan Intermediate Holding II, LLC | First Lien Term Loan
Schedule Of Investments [Line Items]
Spread	[3],[19]	10%				10%
Total Coupon	[3],[19]	11.07%				11.07%
Maturity	[3],[19]	Feb. 22, 2026				Feb. 22, 2026
Principal	[3],[19]	$ 4,983,707
Cost	[3],[19]	4,983,707
Fair Value	[3],[19]	$ 4,978,225
% of Total Cash and Investments	[3],[19]	0.29%				0.29%
Debt Investments | Construction and Engineering | SOFR | Hylan Intermediate Holding II, LLC | First Lien Term Loan | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[3],[19]	1%				1%
Debt Investments | Construction and Engineering | SOFR | Hylan Intermediate Holding II, LLC | Second Lien Term Loan
Schedule Of Investments [Line Items]
Spread	[3],[19]	10%				10%
Total Coupon	[3],[19]	11.07%				11.07%
Maturity	[3],[19]	Mar. 11, 2027				Mar. 11, 2027
Principal	[3],[19]	$ 4,794,539
Cost	[3],[19]	4,747,519
Fair Value	[3],[19]	$ 4,789,265
% of Total Cash and Investments	[3],[19]	0.28%				0.28%
Debt Investments | Construction and Engineering | SOFR | Hylan Intermediate Holding II, LLC | Second Lien Term Loan | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[3],[19]	1%				1%
Debt Investments | Consumer Finance
Schedule Of Investments [Line Items]
Cost	[19]	$ 14,148,553
Fair Value	[19]	$ 14,137,145
% of Total Cash and Investments	[19]	0.84%				0.84%
Debt Investments | Consumer Finance | LIBOR | Barri Financial Group, LLC | First Lien Term Loan
Schedule Of Investments [Line Items]
Spread	[6],[20]			7.75%
Total Coupon	[6],[20]			8.75%
Maturity	[6],[20]			Jun. 30, 2026
Principal	[6],[20]			$ 26,160,090
Cost	[6],[20]			25,612,565
Fair Value	[6],[20]			$ 26,421,691
% of Total Cash and Investments	[6],[20]			1.42%
Debt Investments | Consumer Finance | LIBOR | Barri Financial Group, LLC | First Lien Term Loan | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[6],[20]			1%
Debt Investments | Consumer Finance | SOFR | Freedom Financial Network Funding, LLC | First Lien Delayed Draw Term Loan
Schedule Of Investments [Line Items]
Spread	[3],[19],[27]	9%				9%
Total Coupon	[3],[19],[27]	13.95%				13.95%
Maturity	[3],[19],[27]	Sep. 21, 2027				Sep. 21, 2027
Principal	[3],[19],[27]	$ 0
Cost	[3],[19],[27]	(59,287)
Fair Value	[3],[19],[27]	$ (62,500)
% of Total Cash and Investments	[3],[19],[27]	0%				0%
Debt Investments | Consumer Finance | SOFR | Freedom Financial Network Funding, LLC | First Lien Delayed Draw Term Loan | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[3],[19],[27]	1%				1%
Debt Investments | Consumer Finance | SOFR | Freedom Financial Network Funding, LLC | First Lien Term Loan
Schedule Of Investments [Line Items]
Spread	[3],[19]	9%				9%
Total Coupon	[3],[19]	13.95%				13.95%
Maturity	[3],[19]	Sep. 21, 2027				Sep. 21, 2027
Principal	[3],[19]	$ 7,500,000
Cost	[3],[19]	7,319,662
Fair Value	[3],[19]	$ 7,312,500
% of Total Cash and Investments	[3],[19]	0.43%				0.43%
Debt Investments | Consumer Finance | SOFR | Freedom Financial Network Funding, LLC | First Lien Term Loan | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[3],[19]	1%				1%
Debt Investments | Consumer Finance | SOFR | Money Transfer Acquisition Inc. | First Lien Term Loan
Schedule Of Investments [Line Items]
Spread	[3],[19]	8.25%				8.25%
Total Coupon	[3],[19]	12.67%				12.67%
Maturity	[3],[19]	Dec. 14, 2027				Dec. 14, 2027
Principal	[3],[19]	$ 7,027,699
Cost	[3],[19]	6,888,178
Fair Value	[3],[19]	$ 6,887,145
% of Total Cash and Investments	[3],[19]	0.41%				0.41%
Debt Investments | Consumer Finance | SOFR | Money Transfer Acquisition Inc. | First Lien Term Loan | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[3],[19]	1%				1%
Debt Investments | Containers & Packaging
Schedule Of Investments [Line Items]
Cost		$ 12,811,284	[19]	$ 6,226,291	[20]
Fair Value		$ 12,125,019	[19]	$ 6,226,291	[20]
% of Total Cash and Investments		0.72%	[19]	0.33%	[20]	0.72%	[19]
Debt Investments | Containers & Packaging | LIBOR | BW Holding, Inc. (Brook & Whittle) | Second Lien Term Loan
Schedule Of Investments [Line Items]
Spread	[6],[20]			7.50%
Total Coupon	[6],[20]			8.25%
Maturity	[6],[20]			Dec. 14, 2029
Principal	[6],[20]			$ 6,395,163
Cost	[6],[20]			6,251,272
Fair Value	[6],[20]			$ 6,251,272
% of Total Cash and Investments	[6],[20]			0.33%
Debt Investments | Containers & Packaging | LIBOR | BW Holding, Inc. (Brook & Whittle) | Second Lien Term Loan | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[6],[20]			0.75%
Debt Investments | Containers & Packaging | LIBOR | BW Holding, Inc. (Brook & Whittle) | Second Lien Delayed Draw Term Loan
Schedule Of Investments [Line Items]
Spread	[6],[20],[24]			7.50%
Total Coupon	[6],[20],[24]			8.25%
Maturity	[6],[20],[24]			Dec. 14, 2029
Principal	[6],[20],[24]			$ 0
Cost	[6],[20],[24]			(24,981)
Fair Value	[6],[20],[24]			$ (24,981)
% of Total Cash and Investments	[6],[20],[24]			0%
Debt Investments | Containers & Packaging | LIBOR | BW Holding, Inc. (Brook & Whittle) | Second Lien Delayed Draw Term Loan | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[6],[20],[24]			0.75%
Debt Investments | Containers & Packaging | SOFR | BW Holding, Inc. (Brook & Whittle) | Second Lien Term Loan
Schedule Of Investments [Line Items]
Spread	[3],[19]	7.50%				7.50%
Total Coupon	[3],[19]	12.05%				12.05%
Maturity	[3],[19]	Dec. 14, 2029				Dec. 14, 2029
Principal	[3],[19]	$ 11,969,577
Cost	[3],[19]	11,723,498
Fair Value	[3],[19]	$ 11,095,797
% of Total Cash and Investments	[3],[19]	0.66%				0.66%
Debt Investments | Containers & Packaging | SOFR | BW Holding, Inc. (Brook & Whittle) | Second Lien Term Loan | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[3],[19]	0.75%				0.75%
Debt Investments | Containers & Packaging | SOFR | BW Holding, Inc. (Brook & Whittle) | Second Lien Delayed Draw Term Loan
Schedule Of Investments [Line Items]
Spread	[3],[19]	7.50%				7.50%
Total Coupon	[3],[19]	12.05%				12.05%
Maturity	[3],[19]	Dec. 14, 2029				Dec. 14, 2029
Principal	[3],[19]	$ 1,110,271
Cost	[3],[19]	1,087,786
Fair Value	[3],[19]	$ 1,029,222
% of Total Cash and Investments	[3],[19]	0.06%				0.06%
Debt Investments | Containers & Packaging | SOFR | BW Holding, Inc. (Brook & Whittle) | Second Lien Delayed Draw Term Loan | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[3],[19]	0.75%				0.75%
Debt Investments | Distributors
Schedule Of Investments [Line Items]
Cost	[20]			$ 6,849,037
Fair Value	[20]			$ 6,702,585
% of Total Cash and Investments	[20]			0.36%
Debt Investments | Distributors | LIBOR | Colony Display, LLC | First Lien Term Loan
Schedule Of Investments [Line Items]
Spread	[6],[20]			6.50%
Total Coupon	[6],[20]			7.50%
Maturity	[6],[20]			Jun. 30, 2026
Principal	[6],[20]			$ 7,041,125
Cost	[6],[20]			6,912,785
Fair Value	[6],[20]			$ 6,815,809
% of Total Cash and Investments	[6],[20]			0.37%
Debt Investments | Distributors | LIBOR | Colony Display, LLC | First Lien Term Loan | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[6],[20]			1%
Debt Investments | Distributors | LIBOR | Colony Display, LLC | First Lien Delayed Draw Term Loan
Schedule Of Investments [Line Items]
Spread	[6],[20],[24]			6.50%
Total Coupon	[6],[20],[24]			7.50%
Maturity	[6],[20],[24]			Jun. 30, 2026
Principal	[6],[20],[24]			$ 0
Cost	[6],[20],[24]			(63,748)
Fair Value	[6],[20],[24]			$ (113,224)
% of Total Cash and Investments	[6],[20],[24]			(0.01%)
Debt Investments | Distributors | LIBOR | Colony Display, LLC | First Lien Delayed Draw Term Loan | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[6],[20],[24]			1%
Debt Investments | Distributors | SOFR | Colony Display, LLC | First Lien Term Loan
Schedule Of Investments [Line Items]
Spread	[3]	9.50%				9.50%
Total Coupon	[3]	13.91%				13.91%
Maturity	[3]	Jun. 30, 2026				Jun. 30, 2026
Principal	[3]	$ 7,001,885
Cost	[3]	6,899,214
Fair Value	[3]	$ 6,490,748
% of Total Cash and Investments	[3]	0.38%				0.38%
Debt Investments | Distributors | SOFR | Colony Display, LLC | First Lien Term Loan | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[3]	1%				1%
Debt Investments | Diversified Consumer Services
Schedule Of Investments [Line Items]
Cost		$ 134,654,943	[19]	$ 123,572,778	[20]
Fair Value		$ 127,694,640	[19]	$ 126,202,936	[20]
% of Total Cash and Investments		7.55%	[19]	6.79%	[20]	7.55%	[19]
Debt Investments | Diversified Consumer Services | LIBOR | Razor Group GmbH (Germany) | First Lien Delayed Draw Term Loan
Schedule Of Investments [Line Items]
Spread	[3],[10],[19]	9%				9%
Total Coupon	[3],[10],[19]	14.21%				14.21%
Maturity	[3],[10],[19]	Apr. 30, 2025				Apr. 30, 2025
Principal	[3],[10],[19]	$ 39,269,210
Cost	[3],[10],[19]	39,479,357
Fair Value	[3],[10],[19]	$ 37,672,005
% of Total Cash and Investments	[3],[10],[19]	2.22%				2.22%
Debt Investments | Diversified Consumer Services | LIBOR | Razor Group GmbH (Germany) | First Lien Delayed Draw Term Loan | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[3],[10],[19]	1%				1%
Debt Investments | Diversified Consumer Services | LIBOR | Razor Group GmbH (Germany) | First Lien Delayed Draw Term Loan
Schedule Of Investments [Line Items]
Spread	[6],[12],[20]			9%
Total Coupon	[6],[12],[20]			10%
Maturity	[6],[12],[20]			Sep. 30, 2025
Principal	[6],[12],[20]			$ 33,409,032
Cost	[6],[12],[20]			33,692,181
Fair Value	[6],[12],[20]			$ 33,317,764
% of Total Cash and Investments	[6],[12],[20]			1.79%
Debt Investments | Diversified Consumer Services | LIBOR | Razor Group GmbH (Germany) | First Lien Delayed Draw Term Loan | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[6],[12],[20]			1%
Debt Investments | Diversified Consumer Services | LIBOR | SellerX Germany Gmbh & Co. Kg (Germany) | First Lien Delayed Draw Term Loan
Schedule Of Investments [Line Items]
Spread PIK	[3],[10],[19]	3%				3%
Spread Cash	[3],[10],[19]	8%				8%
Total Coupon	[3],[10],[19]	15.73%				15.73%
Maturity	[3],[10],[19]	Nov. 23, 2025				Nov. 23, 2025
Principal	[3],[10],[19]	$ 17,748,723
Cost	[3],[10],[19]	17,458,552
Fair Value	[3],[10],[19]	$ 17,499,523
% of Total Cash and Investments	[3],[10],[19]	1.03%				1.03%
Debt Investments | Diversified Consumer Services | LIBOR | SellerX Germany Gmbh & Co. Kg (Germany) | First Lien Delayed Draw Term Loan | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[3],[10],[19]	1%				1%
Debt Investments | Diversified Consumer Services | LIBOR | SellerX Germany Gmbh & Co. Kg (Germany) | First Lien Term Loan
Schedule Of Investments [Line Items]
Spread	[6],[12],[20]			8%
Total Coupon	[6],[12],[20]			9%
Maturity	[6],[12],[20]			Nov. 23, 2025
Principal	[6],[12],[20]			$ 15,491,895
Cost	[6],[12],[20]			15,343,906
Fair Value	[6],[12],[20]			$ 15,417,534
% of Total Cash and Investments	[6],[12],[20]			0.83%
Debt Investments | Diversified Consumer Services | LIBOR | SellerX Germany Gmbh & Co. Kg (Germany) | First Lien Term Loan | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[6],[12],[20]			1%
Debt Investments | Diversified Consumer Services | LIBOR | SellerX Germany Gmbh & Co. Kg (Germany) | First Lien Delayed Draw Term Loan
Schedule Of Investments [Line Items]
Spread	[6],[12],[20],[24]			8%
Total Coupon	[6],[12],[20],[24]			9%
Maturity	[6],[12],[20],[24]			Nov. 23, 2025
Principal	[6],[12],[20],[24]			$ 0
Cost	[6],[12],[20],[24]			(262,960)
Fair Value	[6],[12],[20],[24]			$ (129,639)
% of Total Cash and Investments	[6],[12],[20],[24]			(0.01%)
Debt Investments | Diversified Consumer Services | LIBOR | SellerX Germany Gmbh & Co. Kg (Germany) | First Lien Delayed Draw Term Loan | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[6],[12],[20],[24]			1%
Debt Investments | Diversified Consumer Services | LIBOR | Spark Networks Inc [Member] | First Lien Term Loan
Schedule Of Investments [Line Items]
Spread	[6],[20]			8%
Total Coupon	[6],[20]			9.50%
Maturity	[6],[20]			Jul. 01, 2023
Principal	[6],[20]			$ 17,211,064
Cost	[6],[20]			16,947,598
Fair Value	[6],[20]			$ 16,958,062
% of Total Cash and Investments	[6],[20]			0.91%
Debt Investments | Diversified Consumer Services | LIBOR | Spark Networks Inc [Member] | First Lien Term Loan | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[6],[20]			1.50%
Debt Investments | Diversified Consumer Services | LIBOR | Spark Networks Inc [Member] | Sr Secured Revolver
Schedule Of Investments [Line Items]
Spread	[6],[20],[24]			8%
Total Coupon	[6],[20],[24]			9.50%
Maturity	[6],[20],[24]			Jul. 01, 2023
Principal	[6],[20],[24]			$ 0
Cost	[6],[20],[24]			(13,349)
Fair Value	[6],[20],[24]			$ (13,378)
% of Total Cash and Investments	[6],[20],[24]			0%
Debt Investments | Diversified Consumer Services | LIBOR | Spark Networks Inc [Member] | Sr Secured Revolver | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[6],[20],[24]			1.50%
Debt Investments | Diversified Consumer Services | LIBOR | Thras.io, LLC | First Lien Delayed Draw Term Loan
Schedule Of Investments [Line Items]
Spread	[20]			7%
Total Coupon	[20]			8%
Maturity	[20]			Dec. 18, 2026
Principal	[20]			$ 9,889,811
Cost	[20]			9,605,566
Fair Value	[20]			$ 9,808,097
% of Total Cash and Investments	[20]			0.53%
Debt Investments | Diversified Consumer Services | LIBOR | Thras.io, LLC | First Lien Delayed Draw Term Loan | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[20]			1%
Debt Investments | Diversified Consumer Services | LIBOR | Thras.io, LLC | First Lien Term Loan
Schedule Of Investments [Line Items]
Spread	[19]	7%				7%
Total Coupon	[19]	11.17%				11.17%
Maturity	[19]	Dec. 18, 2026				Dec. 18, 2026
Principal	[19]	$ 23,414,209
Cost	[19]	23,112,939
Fair Value	[19]	$ 20,750,844
% of Total Cash and Investments	[19]	1.23%				1.23%
Debt Investments | Diversified Consumer Services | LIBOR | Thras.io, LLC | First Lien Term Loan | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[19]	1%				1%
Debt Investments | Diversified Consumer Services | LIBOR | Thras.io, LLC | First Lien Delayed Draw Term Loan
Schedule Of Investments [Line Items]
Spread	[19]	7%				7%
Total Coupon	[19]	11.17%				11.17%
Maturity	[19]	Dec. 18, 2026				Dec. 18, 2026
Principal	[19]	$ 9,789,913
Cost	[19]	9,520,360
Fair Value	[19]	$ 7,676,715
% of Total Cash and Investments	[19]	0.45%				0.45%
Debt Investments | Diversified Consumer Services | LIBOR | Thras.io, LLC | First Lien Delayed Draw Term Loan | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[19]	1%				1%
Debt Investments | Diversified Consumer Services | LIBOR | Thras.io, LLC | First Lien Term Loan
Schedule Of Investments [Line Items]
Spread	[20]			7%
Total Coupon	[20]			8%
Maturity	[20]			Dec. 18, 2026
Principal	[20]			$ 23,653,131
Cost	[20]			23,286,889
Fair Value	[20]			$ 23,549,648
% of Total Cash and Investments	[20]			1.27%
Debt Investments | Diversified Consumer Services | LIBOR | Thras.io, LLC | First Lien Term Loan | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[20]			1%
Debt Investments | Diversified Consumer Services | LIBOR | Whele, LLC (Perch) | First Lien Incremental Term Loan
Schedule Of Investments [Line Items]
Spread	[6],[20]			7.50%
Total Coupon	[6],[20]			8.50%
Maturity	[6],[20]			Oct. 15, 2025
Principal	[6],[20]			$ 20,323,258
Cost	[6],[20]			20,479,696
Fair Value	[6],[20]			$ 20,384,228
% of Total Cash and Investments	[6],[20]			1.10%
Debt Investments | Diversified Consumer Services | LIBOR | Whele, LLC (Perch) | First Lien Incremental Term Loan | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[6],[20]			1%
Debt Investments | Diversified Consumer Services | SOFR | Elevate Brands OpCo, LLC | First Lien Delayed Draw Term Loan
Schedule Of Investments [Line Items]
Spread	[3],[19]	8.50%				8.50%
Total Coupon	[3],[19]	13.23%				13.23%
Maturity	[3],[19]	Mar. 15, 2027				Mar. 15, 2027
Principal	[3],[19]	$ 20,800,000
Cost	[3],[19]	20,481,244
Fair Value	[3],[19]	$ 20,616,000
% of Total Cash and Investments	[3],[19]	1.22%				1.22%
Debt Investments | Diversified Consumer Services | SOFR | Elevate Brands OpCo, LLC | First Lien Delayed Draw Term Loan | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[3],[19]	1%				1%
Debt Investments | Diversified Consumer Services | SOFR | Fusion Holding Corp. (Finalsite) | First Lien Term Loan
Schedule Of Investments [Line Items]
Spread	[3],[19]	6.25%				6.25%
Total Coupon	[3],[19]	10.78%				10.78%
Maturity	[3],[19]	Sep. 14, 2029				Sep. 14, 2029
Principal	[3],[19]	$ 462,264
Cost	[3],[19]	452,289
Fair Value	[3],[19]	$ 452,187
% of Total Cash and Investments	[3],[19]	0.03%				0.03%
Debt Investments | Diversified Consumer Services | SOFR | Fusion Holding Corp. (Finalsite) | First Lien Term Loan | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[3],[19]	0.75%				0.75%
Debt Investments | Diversified Consumer Services | SOFR | Fusion Holding Corp. (Finalsite) | Sr Secured Revolver
Schedule Of Investments [Line Items]
Spread	[3],[19],[27]	6.25%				6.25%
Total Coupon	[3],[19],[27]	10.78%				10.78%
Maturity	[3],[19],[27]	Sep. 15, 2027				Sep. 15, 2027
Principal	[3],[19],[27]	$ 0
Cost	[3],[19],[27]	(799)
Fair Value	[3],[19],[27]	$ (808)
% of Total Cash and Investments	[3],[19],[27]	0%				0%
Debt Investments | Diversified Consumer Services | SOFR | Fusion Holding Corp. (Finalsite) | Sr Secured Revolver | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[3],[19],[27]	0.75%				0.75%
Debt Investments | Diversified Consumer Services | SOFR | Whele, LLC (Perch) | First Lien Incremental Term Loan
Schedule Of Investments [Line Items]
Spread PIK	[3],[19]	3%				3%
Spread Cash	[3],[19]	8.50%				8.50%
Total Coupon	[3],[19]	16.20%				16.20%
Maturity	[3],[19]	Oct. 15, 2025				Oct. 15, 2025
Principal	[3],[19]	$ 19,398,793
Cost	[3],[19]	19,497,939
Fair Value	[3],[19]	$ 18,021,479
% of Total Cash and Investments	[3],[19]	1.07%				1.07%
Debt Investments | Diversified Consumer Services | SOFR | Whele, LLC (Perch) | First Lien Incremental Term Loan | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[3],[19]	1%				1%
Debt Investments | Diversified Consumer Services | Fixed | Razor Group GmbH (Germany) | First Lien Sr Secured Convertible Term Loan
Schedule Of Investments [Line Items]
Spread PIK	[3],[10],[19]	3.50%				3.50%
Spread Cash	[3],[10],[19]	3.50%				3.50%
Total Coupon	[3],[10],[19]	7%				7%
Maturity	[3],[10],[19]	Apr. 30, 2025				Apr. 30, 2025
Principal	[3],[10],[19]	$ 4,653,062
Cost	[3],[10],[19]	4,653,062
Fair Value	[3],[10],[19]	$ 5,006,695
% of Total Cash and Investments	[3],[10],[19]	0.30%				0.30%
Debt Investments | Diversified Consumer Services | Fixed | Razor Group GmbH (Germany) | First Lien Sr Secured Convertible Term Loan | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[3],[10],[19]	0%				0%
Debt Investments | Diversified Consumer Services | Fixed | Razor Group GmbH (Germany) | First Lien Sr Secured Convertible Term Loan
Schedule Of Investments [Line Items]
Spread PIK	[6],[12],[20]			3.50%
Spread Cash	[6],[12],[20]			3.50%
Total Coupon	[6],[12],[20]			7%
Maturity	[6],[12],[20]			Oct. 02, 2023
Principal	[6],[12],[20]			$ 4,493,251
Cost	[6],[12],[20]			4,493,251
Fair Value	[6],[12],[20]			$ 6,910,620
% of Total Cash and Investments	[6],[12],[20]			0.37%
Debt Investments | Diversified Consumer Services | Fixed | Razor Group GmbH (Germany) | First Lien Sr Secured Convertible Term Loan | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[6],[12],[20]			0%
Debt Investments | Diversified Financial Services
Schedule Of Investments [Line Items]
Cost		$ 122,651,198	[19]	$ 112,922,805	[20]
Fair Value		$ 121,868,263	[19]	$ 112,499,605	[20]
% of Total Cash and Investments		7.20%	[19]	6.05%	[20]	7.20%	[19]
Debt Investments | Diversified Financial Services | LIBOR | 2-10 Holdco, Inc. | First Lien Term Loan
Schedule Of Investments [Line Items]
Spread	[6],[20]			6%
Total Coupon	[6],[20]			6.75%
Maturity	[6],[20]			Mar. 26, 2026
Principal	[6],[20]			$ 8,292,617
Cost	[6],[20]			8,256,363
Fair Value	[6],[20]			$ 8,247,008
% of Total Cash and Investments	[6],[20]			0.44%
Debt Investments | Diversified Financial Services | LIBOR | 2-10 Holdco, Inc. | First Lien Term Loan | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[6],[20]			0.75%
Debt Investments | Diversified Financial Services | LIBOR | 2-10 Holdco, Inc. | Sr Secured Revolver
Schedule Of Investments [Line Items]
Spread	[6],[20],[24]			6%
Total Coupon	[6],[20],[24]			6.75%
Maturity	[6],[20],[24]			Mar. 26, 2026
Principal	[6],[20],[24]			$ 0
Cost	[6],[20],[24]			(1,589)
Fair Value	[6],[20],[24]			$ (3,980)
% of Total Cash and Investments	[6],[20],[24]			0%
Debt Investments | Diversified Financial Services | LIBOR | 2-10 Holdco, Inc. | Sr Secured Revolver | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[6],[20],[24]			0.75%
Debt Investments | Diversified Financial Services | LIBOR | Credit Suisse AG (Cayman Islands) | Asset-Backed Credit Linked Notes
Schedule Of Investments [Line Items]
Spread	[6],[12],[18],[20]			9.50%
Total Coupon	[6],[12],[18],[20]			9.50%
Maturity	[6],[12],[18],[20]			Apr. 12, 2025
Principal	[6],[12],[18],[20]			$ 3,040,000
Cost	[6],[12],[18],[20]			3,040,000
Fair Value	[6],[12],[18],[20]			$ 2,888,000
% of Total Cash and Investments	[6],[12],[18],[20]			0.16%
Debt Investments | Diversified Financial Services | LIBOR | Credit Suisse AG (Cayman Islands) | Asset-Backed Credit Linked Notes | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[6],[12],[18],[20]			0%
Debt Investments | Diversified Financial Services | LIBOR | Oasis Financial, LLC | Second Lien Term Loan
Schedule Of Investments [Line Items]
Spread	[6],[20]			8.50%
Total Coupon	[6],[20]			9.50%
Maturity	[6],[20]			Jul. 05, 2026
Principal	[6],[20]			$ 17,633,544
Cost	[6],[20]			17,330,740
Fair Value	[6],[20]			$ 17,404,308
% of Total Cash and Investments	[6],[20]			0.94%
Debt Investments | Diversified Financial Services | LIBOR | Oasis Financial, LLC | Second Lien Term Loan | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[6],[20]			1%
Debt Investments | Diversified Financial Services | LIBOR | Worldremit Group Limited (United Kingdom) | First Lien Term Loan
Schedule Of Investments [Line Items]
Spread		9.25%	[3],[10],[19],[26]	9.25%	[6],[12],[20],[25]	9.25%	[3],[10],[19],[26]
Total Coupon		13.91%	[3],[10],[19],[26]	10.25%	[6],[12],[20],[25]	13.91%	[3],[10],[19],[26]
Maturity		Feb. 11, 2025	[3],[10],[19],[26]	Feb. 11, 2025	[6],[12],[20],[25]	Feb. 11, 2025	[3],[10],[19],[26]
Principal		$ 43,629,951	[3],[10],[19],[26]	$ 43,629,951	[6],[12],[20],[25]
Cost		43,101,443	[3],[10],[19],[26]	42,915,854	[6],[12],[20],[25]
Fair Value		$ 42,800,982	[3],[10],[19],[26]	$ 42,582,832	[6],[12],[20],[25]
% of Total Cash and Investments		2.53%	[3],[10],[19],[26]	2.29%	[6],[12],[20],[25]	2.53%	[3],[10],[19],[26]
Debt Investments | Diversified Financial Services | LIBOR | Worldremit Group Limited (United Kingdom) | First Lien Term Loan | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor		1%	[3],[10],[19],[26]	1%	[6],[12],[20],[25]	1%	[3],[10],[19],[26]
Debt Investments | Diversified Financial Services | SOFR | GC Champion Acquisition LLC (Numerix) | First Lien Delayed Draw Term Loan
Schedule Of Investments [Line Items]
Spread	[3],[19],[27]	6.75%				6.75%
Total Coupon	[3],[19],[27]	11.15%				11.15%
Maturity	[3],[19],[27]	Aug. 21, 2028				Aug. 21, 2028
Principal	[3],[19],[27]	$ 0
Cost	[3],[19],[27]	(3,650)
Fair Value	[3],[19],[27]	$ (5,663)
% of Total Cash and Investments	[3],[19],[27]	0%				0%
Debt Investments | Diversified Financial Services | SOFR | GC Champion Acquisition LLC (Numerix) | First Lien Delayed Draw Term Loan | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[3],[19],[27]	1%				1%
Debt Investments | Diversified Financial Services | SOFR | GC Champion Acquisition LLC (Numerix) | First Lien Term Loan
Schedule Of Investments [Line Items]
Spread	[3],[19]	6.75%				6.75%
Total Coupon	[3],[19]	11.15%				11.15%
Maturity	[3],[19]	Aug. 21, 2028				Aug. 21, 2028
Principal	[3],[19]	$ 696,464
Cost	[3],[19]	683,182
Fair Value	[3],[19]	$ 676,127
% of Total Cash and Investments	[3],[19]	0.04%				0.04%
Debt Investments | Diversified Financial Services | SOFR | GC Champion Acquisition LLC (Numerix) | First Lien Term Loan | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[3],[19]	1%				1%
Debt Investments | Diversified Financial Services | SOFR | Libra Solutions Intermediate Holdco, LLC et al (fka Oasis Financial, LLC) | Second Lien Term Loan
Schedule Of Investments [Line Items]
Spread	[3],[19]	8.50%				8.50%
Total Coupon	[3],[19]	12.93%				12.93%
Maturity	[3],[19]	Jul. 05, 2026				Jul. 05, 2026
Principal	[3],[19]	$ 17,633,544
Cost	[3],[19]	17,383,495
Fair Value	[3],[19]	$ 17,175,072
% of Total Cash and Investments	[3],[19]	1.02%				1.02%
Debt Investments | Diversified Financial Services | SOFR | Libra Solutions Intermediate Holdco, LLC et al (fka Oasis Financial, LLC) | Second Lien Term Loan | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[3],[19]	1%				1%
Debt Investments | Diversified Financial Services | SOFR | 2-10 Holdco, Inc. | First Lien Term Loan
Schedule Of Investments [Line Items]
Spread	[3],[19]	6%				6%
Total Coupon	[3],[19]	10.42%				10.42%
Maturity	[3],[19]	Mar. 26, 2026				Mar. 26, 2026
Principal	[3],[19]	$ 8,209,065
Cost	[3],[19]	8,183,608
Fair Value	[3],[19]	$ 8,100,705
% of Total Cash and Investments	[3],[19]	0.48%				0.48%
Debt Investments | Diversified Financial Services | SOFR | 2-10 Holdco, Inc. | First Lien Term Loan | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[3],[19]	0.75%				0.75%
Debt Investments | Diversified Financial Services | SOFR | 2-10 Holdco, Inc. | Sr Secured Revolver
Schedule Of Investments [Line Items]
Spread	[3],[19],[27]	6%				6%
Total Coupon	[3],[19],[27]	10.42%				10.42%
Maturity	[3],[19],[27]	Mar. 26, 2026				Mar. 26, 2026
Principal	[3],[19],[27]	$ 0
Cost	[3],[19],[27]	(1,215)
Fair Value	[3],[19],[27]	$ (9,552)
% of Total Cash and Investments	[3],[19],[27]	0%				0%
Debt Investments | Diversified Financial Services | SOFR | 2-10 Holdco, Inc. | Sr Secured Revolver | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[3],[19],[27]	0.75%				0.75%
Debt Investments | Diversified Financial Services | SOFR | Accordion Partners LLC | First Lien Delayed Draw Term Loan A
Schedule Of Investments [Line Items]
Spread	[3],[19],[27]	6.50%				6.50%
Total Coupon	[3],[19],[27]	11.08%				11.08%
Maturity	[3],[19],[27]	Aug. 29, 2029				Aug. 29, 2029
Principal	[3],[19],[27]	$ 0
Cost	[3],[19],[27]	(2,660)
Fair Value	[3],[19],[27]	$ (1,857)
% of Total Cash and Investments	[3],[19],[27]	0%				0%
Debt Investments | Diversified Financial Services | SOFR | Accordion Partners LLC | First Lien Delayed Draw Term Loan A | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[3],[19],[27]	0.75%				0.75%
Debt Investments | Diversified Financial Services | SOFR | Accordion Partners LLC | First Lien Delayed Draw Term Loan B
Schedule Of Investments [Line Items]
Spread	[3],[19],[27]	6.25%				6.25%
Total Coupon	[3],[19],[27]	10.83%				10.83%
Maturity	[3],[19],[27]	Aug. 29, 2029				Aug. 29, 2029
Principal	[3],[19],[27]	$ 0
Cost	[3],[19],[27]	(3,325)
Fair Value	[3],[19],[27]	$ (4,024)
% of Total Cash and Investments	[3],[19],[27]	0%				0%
Debt Investments | Diversified Financial Services | SOFR | Accordion Partners LLC | First Lien Delayed Draw Term Loan B | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[3],[19],[27]	0.75%				0.75%
Debt Investments | Diversified Financial Services | SOFR | Accordion Partners LLC | First Lien Term Loan
Schedule Of Investments [Line Items]
Spread	[3],[19]	6.25%				6.25%
Total Coupon	[3],[19]	10.83%				10.83%
Maturity	[3],[19]	Aug. 29, 2029				Aug. 29, 2029
Principal	[3],[19]	$ 1,417,619
Cost	[3],[19]	1,386,895
Fair Value	[3],[19]	$ 1,380,761
% of Total Cash and Investments	[3],[19]	0.08%				0.08%
Debt Investments | Diversified Financial Services | SOFR | Accordion Partners LLC | First Lien Term Loan | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[3],[19]	0.75%				0.75%
Debt Investments | Diversified Financial Services | SOFR | Accordion Partners LLC | Sr Secured Revolver
Schedule Of Investments [Line Items]
Spread	[3],[19],[27]	6.25%				6.25%
Total Coupon	[3],[19],[27]	10.83%				10.83%
Maturity	[3],[19],[27]	Aug. 31, 2028				Aug. 31, 2028
Principal	[3],[19],[27]	$ 0
Cost	[3],[19],[27]	(2,631)
Fair Value	[3],[19],[27]	$ (3,219)
% of Total Cash and Investments	[3],[19],[27]	0%				0%
Debt Investments | Diversified Financial Services | SOFR | Accordion Partners LLC | Sr Secured Revolver | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[3],[19],[27]	0.75%				0.75%
Debt Investments | Diversified Financial Services | SOFR | Wealth Enhancement Group, LLC | First Lien Delayed Draw Term Loan
Schedule Of Investments [Line Items]
Spread	[3],[19]	6%				6%
Total Coupon	[3],[19]	10.44%				10.44%
Maturity	[3],[19]	Oct. 04, 2027				Oct. 04, 2027
Principal	[3],[19]	$ 223,806
Cost	[3],[19]	221,696
Fair Value	[3],[19]	$ 212,406
% of Total Cash and Investments	[3],[19]	0.01%				0.01%
Debt Investments | Diversified Financial Services | SOFR | Wealth Enhancement Group, LLC | First Lien Delayed Draw Term Loan | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[3],[19]	1%				1%
Debt Investments | Diversified Financial Services | SOFR | Wealth Enhancement Group, LLC | Sr Secured Revolver
Schedule Of Investments [Line Items]
Spread	[3],[19],[27]	6%				6%
Total Coupon	[3],[19],[27]	10.44%				10.44%
Maturity	[3],[19],[27]	Oct. 04, 2027				Oct. 04, 2027
Principal	[3],[19],[27]	$ 0
Cost	[3],[19],[27]	(119)
Fair Value	[3],[19],[27]	$ (650)
% of Total Cash and Investments	[3],[19],[27]	0%				0%
Debt Investments | Diversified Financial Services | SOFR | Wealth Enhancement Group, LLC | Sr Secured Revolver | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[3],[19],[27]	1%				1%
Debt Investments | Diversified Financial Services | Fixed | 36th Street Capital Partners Holdings, LLC | Senior Note
Schedule Of Investments [Line Items]
Spread		0%	[3],[5],[15],[19]	0%	[6],[8],[16],[20]	0%	[3],[5],[15],[19]
Total Coupon		12%	[3],[5],[15],[19]	12%	[6],[8],[16],[20]	12%	[3],[5],[15],[19]
Maturity		Nov. 30, 2025	[3],[5],[15],[19]	Nov. 30, 2025	[6],[8],[16],[20]	Nov. 30, 2025	[3],[5],[15],[19]
Principal		$ 50,131,437	[3],[5],[15],[19]	$ 41,381,437	[6],[8],[16],[20]
Cost		50,131,437	[3],[5],[15],[19]	41,381,437	[6],[8],[16],[20]
Fair Value		$ 50,131,437	[3],[5],[15],[19]	$ 41,381,437	[6],[8],[16],[20]
% of Total Cash and Investments		2.96%	[3],[5],[15],[19]	2.22%	[6],[8],[16],[20]	2.96%	[3],[5],[15],[19]
Debt Investments | Diversified Financial Services | Fixed | 36th Street Capital Partners Holdings, LLC | Senior Note | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor		0%	[3],[5],[15],[19]	0%	[6],[8],[16],[20]	0%	[3],[5],[15],[19]
Debt Investments | Diversified Financial Services | Fixed | Credit Suisse AG (Cayman Islands) | Asset-Backed Credit Linked Notes
Schedule Of Investments [Line Items]
Spread	[3],[5],[10],[17],[19]	9.50%				9.50%
Total Coupon	[3],[5],[10],[17],[19]	9.50%				9.50%
Maturity	[3],[5],[10],[17],[19]	Apr. 12, 2025				Apr. 12, 2025
Principal	[3],[5],[10],[17],[19]	$ 1,573,042
Cost	[3],[5],[10],[17],[19]	1,573,042
Fair Value	[3],[5],[10],[17],[19]	$ 1,415,738
% of Total Cash and Investments	[3],[5],[10],[17],[19]	0.08%				0.08%
Debt Investments | Diversified Financial Services | Fixed | Credit Suisse AG (Cayman Islands) | Asset-Backed Credit Linked Notes | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[3],[5],[10],[17],[19]	0%				0%
Debt Investments | Diversified Telecommunication Services
Schedule Of Investments [Line Items]
Cost	[20]			$ 45,110,968
Fair Value	[20]			$ 42,895,716
% of Total Cash and Investments	[20]			2.31%
Debt Investments | Diversified Telecommunication Services | LIBOR | Aventiv Technologies, Inc. (Securus) | Second Lien Term Loan
Schedule Of Investments [Line Items]
Spread		8.25%	[3],[19]	8.25%	[20]	8.25%	[3],[19]
Total Coupon		12.66%	[3],[19]	9.25%	[20]	12.66%	[3],[19]
Maturity		Nov. 01, 2025	[3],[19]	Nov. 01, 2025	[20]	Nov. 01, 2025	[3],[19]
Principal		$ 25,846,154	[3],[19]	$ 25,846,154	[20]
Cost		25,728,438	[3],[19]	25,698,391	[20]
Fair Value		$ 17,236,154	[3],[19]	$ 24,676,615	[20]
% of Total Cash and Investments		1.02%	[3],[19]	1.33%	[20]	1.02%	[3],[19]
Debt Investments | Diversified Telecommunication Services | LIBOR | Aventiv Technologies, Inc. (Securus) | Second Lien Term Loan | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor		1%	[3],[19]	1%	[20]	1%	[3],[19]
Debt Investments | Diversified Telecommunication Services | LIBOR | MetroNet Systems Holdings, LLC | Second Lien Term Loan
Schedule Of Investments [Line Items]
Spread	[6],[20]			7%
Total Coupon	[6],[20]			7.75%
Maturity	[6],[20]			Jun. 02, 2029
Principal	[6],[20]			$ 4,016,257
Cost	[6],[20]			3,959,856
Fair Value	[6],[20]			$ 4,015,052
% of Total Cash and Investments	[6],[20]			0.22%
Debt Investments | Diversified Telecommunication Services | LIBOR | MetroNet Systems Holdings, LLC | Second Lien Term Loan | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[6],[20]			0.75%
Debt Investments | Diversified Telecommunication Services | LIBOR | MetroNet Systems Holdings, LLC | Second Lien Delayed Draw Term Loan
Schedule Of Investments [Line Items]
Spread	[6],[20]			7%
Total Coupon	[6],[20]			7.75%
Maturity	[6],[20]			Jun. 02, 2029
Principal	[6],[20]			$ 8,268,764
Cost	[6],[20]			8,113,994
Fair Value	[6],[20]			$ 8,266,284
% of Total Cash and Investments	[6],[20]			0.44%
Debt Investments | Diversified Telecommunication Services | LIBOR | MetroNet Systems Holdings, LLC | Second Lien Delayed Draw Term Loan | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[6],[20]			0.75%
Debt Investments | Diversified Telecommunication Services | LIBOR | Telarix Inc [Member] | First Lien Term Loan
Schedule Of Investments [Line Items]
Spread PIK	[6],[20]			5%
Spread Cash	[6],[20]			1%
Total Coupon	[6],[20]			7%
Maturity	[6],[20]			Nov. 19, 2023
Principal	[6],[20]			$ 7,389,483
Cost	[6],[20]			7,340,823
Fair Value	[6],[20]			$ 6,004,694
% of Total Cash and Investments	[6],[20]			0.32%
Debt Investments | Diversified Telecommunication Services | LIBOR | Telarix Inc [Member] | First Lien Term Loan | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[6],[20]			1%
Debt Investments | Diversified Telecommunication Services | LIBOR | Telarix Inc [Member] | Sr Secured Revolver
Schedule Of Investments [Line Items]
Spread PIK	[6],[20],[24]			5%
Spread Cash	[6],[20],[24]			1%
Total Coupon	[6],[20],[24]			7%
Maturity	[6],[20],[24]			Nov. 19, 2023
Principal	[6],[20],[24]			$ 0
Cost	[6],[20],[24]			(2,096)
Fair Value	[6],[20],[24]			$ (66,929)
% of Total Cash and Investments	[6],[20],[24]			0%
Debt Investments | Diversified Telecommunication Services | LIBOR | Telarix Inc [Member] | Sr Secured Revolver | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[6],[20],[24]			1%
Debt Investments | Electric Utilities
Schedule Of Investments [Line Items]
Cost		$ 14,224,535	[19]	$ 14,224,535	[20]
Fair Value		$ 1,964,016	[19]	$ 2,395,560	[20]
% of Total Cash and Investments		0.12%	[19]	0.13%	[20]	0.12%	[19]
Debt Investments | Electric Utilities | Fixed | Conergy Asia & ME Pte. Ltd. (Singapore) | First Lien Term Loan
Schedule Of Investments [Line Items]
Spread		0%	[3],[4],[10],[15],[19]	0%	[6],[7],[12],[16],[20]	0%	[3],[4],[10],[15],[19]
Total Coupon		0%	[3],[4],[10],[15],[19]	0%	[6],[7],[12],[16],[20]	0%	[3],[4],[10],[15],[19]
Maturity		Dec. 31, 2023	[3],[4],[10],[15],[19]	Dec. 31, 2021	[6],[7],[12],[16],[20]	Dec. 31, 2023	[3],[4],[10],[15],[19]
Principal		$ 2,110,141	[3],[4],[10],[15],[19]	$ 2,110,141	[6],[7],[12],[16],[20]
Cost		$ 2,110,141	[3],[4],[10],[15],[19]	2,110,141	[6],[7],[12],[16],[20]
Fair Value	[6],[7],[12],[16],[20]			$ 339,100
% of Total Cash and Investments	[6],[7],[12],[16],[20]			0.02%
Debt Investments | Electric Utilities | Fixed | Conergy Asia & ME Pte. Ltd. (Singapore) | First Lien Term Loan | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor		0%	[3],[4],[10],[15],[19]	0%	[6],[7],[12],[16],[20]	0%	[3],[4],[10],[15],[19]
Debt Investments | Electric Utilities | Fixed | Conergy Asia & ME Pte. Ltd. (Singapore) | First Lien Term Loan
Schedule Of Investments [Line Items]
Fair Value	[3],[4],[10],[15],[19]	$ 0
% of Total Cash and Investments	[3],[4],[10],[15],[19]	0%				0%
Debt Investments | Electric Utilities | Fixed | Kawa Solar Holdings Limited (Conergy) (Cayman Islands) | Bank Guarantee Credit Facility
Schedule Of Investments [Line Items]
Spread		0%	[3],[4],[10],[15],[19]	0%	[6],[7],[12],[16],[20]	0%	[3],[4],[10],[15],[19]
Total Coupon		0%	[3],[4],[10],[15],[19]	0%	[6],[7],[12],[16],[20]	0%	[3],[4],[10],[15],[19]
Maturity		Dec. 31, 2023	[3],[4],[10],[15],[19]	Dec. 31, 2022	[6],[7],[12],[16],[20]	Dec. 31, 2023	[3],[4],[10],[15],[19]
Principal		$ 6,578,877	[3],[4],[10],[15],[19]	$ 6,578,877	[6],[7],[12],[16],[20]
Cost		6,578,877	[3],[4],[10],[15],[19]	6,578,877	[6],[7],[12],[16],[20]
Fair Value		$ 101,315	[3],[4],[10],[15],[19]	$ 101,315	[6],[7],[12],[16],[20]
% of Total Cash and Investments		0.01%	[3],[4],[10],[15],[19]	0.01%	[6],[7],[12],[16],[20]	0.01%	[3],[4],[10],[15],[19]
Debt Investments | Electric Utilities | Fixed | Kawa Solar Holdings Limited (Conergy) (Cayman Islands) | Bank Guarantee Credit Facility | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor		0%	[3],[4],[10],[15],[19]	0%	[6],[7],[12],[16],[20]	0%	[3],[4],[10],[15],[19]
Debt Investments | Electric Utilities | Fixed | Kawa Solar Holdings Limited (Conergy) (Cayman Islands) | Revolving Credit Facility
Schedule Of Investments [Line Items]
Spread		0%	[3],[4],[10],[15],[19]	0%	[6],[7],[12],[16],[20]	0%	[3],[4],[10],[15],[19]
Total Coupon		0%	[3],[4],[10],[15],[19]	0%	[6],[7],[12],[16],[20]	0%	[3],[4],[10],[15],[19]
Maturity		Dec. 31, 2023	[3],[4],[10],[15],[19]	Dec. 31, 2022	[6],[7],[12],[16],[20]	Dec. 31, 2023	[3],[4],[10],[15],[19]
Principal		$ 5,535,517	[3],[4],[10],[15],[19]	$ 5,535,517	[6],[7],[12],[16],[20]
Cost		5,535,517	[3],[4],[10],[15],[19]	5,535,517	[6],[7],[12],[16],[20]
Fair Value		$ 1,862,701	[3],[4],[10],[15],[19]	$ 1,955,145	[6],[7],[12],[16],[20]
% of Total Cash and Investments		0.11%	[3],[4],[10],[15],[19]	0.10%	[6],[7],[12],[16],[20]	0.11%	[3],[4],[10],[15],[19]
Debt Investments | Electric Utilities | Fixed | Kawa Solar Holdings Limited (Conergy) (Cayman Islands) | Revolving Credit Facility | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor		0%	[3],[4],[10],[15],[19]	0%	[6],[7],[12],[16],[20]	0%	[3],[4],[10],[15],[19]
Debt Investments | Health Care Technology
Schedule Of Investments [Line Items]
Cost		$ 75,092,697	[19]	$ 68,321,136	[20]
Fair Value		$ 73,362,445	[19]	$ 69,655,501	[20]
% of Total Cash and Investments		4.34%	[19]	3.74%	[20]	4.34%	[19]
Debt Investments | Health Care Technology | LIBOR | Appriss Health, LLC (PatientPing) | First Lien Term Loan
Schedule Of Investments [Line Items]
Spread		7.25%	[3],[19]	7.25%	[20]	7.25%	[3],[19]
Total Coupon		11.54%	[3],[19]	8.25%	[20]	11.54%	[3],[19]
Maturity		May 06, 2027	[3],[19]	May 06, 2027	[20]	May 06, 2027	[3],[19]
Principal		$ 8,147,541	[3],[19]	$ 8,167,961	[20]
Cost		8,028,671	[3],[19]	8,027,851	[20]
Fair Value		$ 7,699,426	[3],[19]	$ 8,020,937	[20]
% of Total Cash and Investments		0.46%	[3],[19]	0.43%	[20]	0.46%	[3],[19]
Debt Investments | Health Care Technology | LIBOR | Appriss Health, LLC (PatientPing) | First Lien Term Loan | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor		1%	[3],[19]	1%	[20]	1%	[3],[19]
Debt Investments | Health Care Technology | LIBOR | Appriss Health, LLC (PatientPing) | Sr Secured Revolver
Schedule Of Investments [Line Items]
Spread	[3],[19],[27]	7.25%				7.25%
Total Coupon	[3],[19],[27]	11.54%				11.54%
Maturity	[3],[19],[27]	May 06, 2027				May 06, 2027
Principal	[3],[19],[27]	$ 0
Cost	[3],[19],[27]	(7,913)
Fair Value	[3],[19],[27]	$ (29,949)
% of Total Cash and Investments	[3],[19],[27]	0%				0%
Debt Investments | Health Care Technology | LIBOR | Appriss Health, LLC (PatientPing) | Sr Secured Revolver | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[3],[19],[27]	1%				1%
Debt Investments | Health Care Technology | LIBOR | Appriss Health, LLC (PatientPing) | First Lien Revolver
Schedule Of Investments [Line Items]
Spread	[6],[20],[24]			7.25%
Total Coupon	[6],[20],[24]			8.25%
Maturity	[6],[20],[24]			May 06, 2027
Cost	[6],[20],[24]			$ (9,716)
Fair Value	[6],[20],[24]			$ (9,802)
Debt Investments | Health Care Technology | LIBOR | Appriss Health, LLC (PatientPing) | First Lien Revolver | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[6],[20],[24]			1%
Debt Investments | Health Care Technology | LIBOR | CareATC, Inc. | First Lien Term Loan
Schedule Of Investments [Line Items]
Spread		7.25%	[3],[19]	7.25%	[6],[20]	7.25%	[3],[19]
Total Coupon		11.99%	[3],[19]	8.25%	[6],[20]	11.99%	[3],[19]
Maturity		Mar. 14, 2024	[3],[19]	Mar. 14, 2024	[6],[20]	Mar. 14, 2024	[3],[19]
Principal		$ 13,783,122	[3],[19]	$ 14,497,190	[6],[20]
Cost		13,676,548	[3],[19]	14,298,850	[6],[20]
Fair Value		$ 13,562,592	[3],[19]	$ 14,642,161	[6],[20]
% of Total Cash and Investments		0.80%	[3],[19]	0.79%	[20]	0.80%	[3],[19]
Debt Investments | Health Care Technology | LIBOR | CareATC, Inc. | First Lien Term Loan | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor		1%	[3],[19]	1%	[6],[20]	1%	[3],[19]
Debt Investments | Health Care Technology | LIBOR | CareATC, Inc. | Sr Secured Revolver
Schedule Of Investments [Line Items]
Spread		7.25%	[3],[19]	7.25%	[6],[20],[24]	7.25%	[3],[19]
Total Coupon		9.73%	[3],[19]	8.25%	[6],[20],[24]	9.73%	[3],[19]
Maturity		Mar. 14, 2024	[3],[19]	Mar. 14, 2024	[6],[20],[24]	Mar. 14, 2024	[3],[19]
Principal	[3],[19]	$ 607,288
Cost		604,277	[3],[19]	$ (5,470)	[6],[20],[24]
Fair Value	[3],[19]	$ 597,571
% of Total Cash and Investments	[3],[19]	0.04%				0.04%
Debt Investments | Health Care Technology | LIBOR | CareATC, Inc. | Sr Secured Revolver | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor		1%	[3],[19]	1%	[6],[20],[24]	1%	[3],[19]
Debt Investments | Health Care Technology | LIBOR | ESO Solutions, Inc. | First Lien Term Loan
Schedule Of Investments [Line Items]
Spread	[6],[20]			7%
Total Coupon	[6],[20]			8%
Maturity	[6],[20]			May 03, 2027
Principal	[6],[20]			$ 19,296,807
Cost	[6],[20]			18,934,837
Fair Value	[6],[20]			$ 19,296,807
% of Total Cash and Investments	[20]			1.04%
Debt Investments | Health Care Technology | LIBOR | ESO Solutions, Inc. | First Lien Term Loan | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[6],[20]			1%
Debt Investments | Health Care Technology | LIBOR | ESO Solutions, Inc. | First Lien Revolver
Schedule Of Investments [Line Items]
Spread	[6],[20],[24]			7%
Total Coupon	[6],[20],[24]			8%
Maturity	[6],[20],[24]			May 03, 2027
Cost	[6],[20],[24]			$ (31,188)
Debt Investments | Health Care Technology | LIBOR | ESO Solutions, Inc. | First Lien Revolver | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[6],[20],[24]			1%
Debt Investments | Health Care Technology | LIBOR | Edifecs, Inc. | First Lien Term Loan
Schedule Of Investments [Line Items]
Spread		7.50%	[3],[19]	7%	[6],[20]	7.50%	[3],[19]
Total Coupon		12.23%	[3],[19]	8%	[6],[20]	12.23%	[3],[19]
Maturity		Sep. 21, 2026	[3],[19]	Sep. 21, 2026	[6],[20]	Sep. 21, 2026	[3],[19]
Principal		$ 1,361,111	[3],[19]	$ 1,375,000	[6],[20]
Cost		1,338,046	[3],[19]	1,346,714	[6],[20]
Fair Value		$ 1,374,722	[3],[19]	$ 1,416,250	[6],[20]
% of Total Cash and Investments		0.08%	[3],[19]	0.08%	[20]	0.08%	[3],[19]
Debt Investments | Health Care Technology | LIBOR | Edifecs, Inc. | First Lien Term Loan | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor		1%	[3],[19]	1%	[6],[20]	1%	[3],[19]
Debt Investments | Health Care Technology | LIBOR | Gainwell Acquisition Corp. | Second Lien Term Loan
Schedule Of Investments [Line Items]
Spread		8%	[3],[19]	8%	[6],[20]	8%	[3],[19]
Total Coupon		11.74%	[3],[19]	9%	[6],[20]	11.74%	[3],[19]
Maturity		Oct. 02, 2028	[3],[19]	Oct. 02, 2028	[6],[20]	Oct. 02, 2028	[3],[19]
Principal		$ 5,727,820	[3],[19]	$ 5,727,820	[6],[20]
Cost		5,703,837	[3],[19]	5,700,399	[6],[20]
Fair Value		$ 5,395,606	[3],[19]	$ 5,836,648	[6],[20]
% of Total Cash and Investments		0.32%	[3],[19]	0.31%	[20]	0.32%	[3],[19]
Debt Investments | Health Care Technology | LIBOR | Gainwell Acquisition Corp. | Second Lien Term Loan | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor		1%	[3],[19]	1%	[6],[20]	1%	[3],[19]
Debt Investments | Health Care Technology | LIBOR | Sandata Technologies, LLC | First Lien Term Loan
Schedule Of Investments [Line Items]
Spread		6%	[3],[19]	6%	[6],[20]	6%	[3],[19]
Total Coupon		10.75%	[3],[19]	6.25%	[6],[20]	10.75%	[3],[19]
Maturity		Jul. 23, 2024	[3],[19]	Jul. 23, 2024	[6],[20]	Jul. 23, 2024	[3],[19]
Principal		$ 20,250,000	[3],[19]	$ 20,250,000	[6],[20]
Cost		20,138,494	[3],[19]	20,076,707	[6],[20]
Fair Value		$ 19,784,250	[3],[19]	$ 20,452,500	[6],[20]
% of Total Cash and Investments		1.16%	[3],[19]	1.09%	[20]	1.16%	[3],[19]
Debt Investments | Health Care Technology | LIBOR | Sandata Technologies, LLC | First Lien Term Loan | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[3],[19]	0%				0%
Debt Investments | Health Care Technology | LIBOR | Sandata Technologies, LLC | Sr Secured Revolver
Schedule Of Investments [Line Items]
Spread		6%	[3],[19]	6%	[6],[20],[24]	6%	[3],[19]
Total Coupon		10.29%	[3],[19]	6.25%	[6],[20],[24]	10.29%	[3],[19]
Maturity		Jul. 23, 2024	[3],[19]	Jul. 23, 2024	[6],[20],[24]	Jul. 23, 2024	[3],[19]
Principal	[3],[19]	$ 2,250,000
Cost		2,238,653	[3],[19]	$ (17,848)	[6],[20],[24]
Fair Value	[3],[19]	$ 2,198,250
% of Total Cash and Investments	[3],[19]	0.13%				0.13%
Debt Investments | Health Care Technology | LIBOR | Sandata Technologies, LLC | Sr Secured Revolver | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[3],[19]	0%				0%
Debt Investments | Health Care Technology | SOFR | ESO Solutions, Inc. | First Lien Term Loan
Schedule Of Investments [Line Items]
Spread	[3],[19]	7%				7%
Total Coupon	[3],[19]	11.59%				11.59%
Maturity	[3],[19]	May 03, 2027				May 03, 2027
Principal	[3],[19]	$ 23,802,071
Cost	[3],[19]	23,397,473
Fair Value	[3],[19]	$ 22,849,988
% of Total Cash and Investments	[3],[19]	1.35%				1.35%
Debt Investments | Health Care Technology | SOFR | ESO Solutions, Inc. | First Lien Term Loan | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[3],[19]	1%				1%
Debt Investments | Health Care Technology | SOFR | ESO Solutions, Inc. | Sr Secured Revolver
Schedule Of Investments [Line Items]
Spread	[3],[19],[27]	7%				7%
Total Coupon	[3],[19],[27]	11.59%				11.59%
Maturity	[3],[19],[27]	May 03, 2027				May 03, 2027
Principal	[3],[19],[27]	$ 0
Cost	[3],[19],[27]	(25,389)
Fair Value	[3],[19],[27]	$ (70,011)
% of Total Cash and Investments	[3],[19],[27]	0%				0%
Debt Investments | Health Care Technology | SOFR | ESO Solutions, Inc. | Sr Secured Revolver | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[3],[19],[27]	1%				1%
Debt Investments | Healthcare Providers and Services
Schedule Of Investments [Line Items]
Cost		$ 42,017,977	[19]	36,954,660	[20]
Fair Value		$ 40,224,431	[19]	$ 37,735,000	[20]
% of Total Cash and Investments		2.38%	[19]	2.03%	[20]	2.38%	[19]
Debt Investments | Healthcare Providers and Services | LIBOR | INH Buyer, Inc. (IMS Health) | First Lien Term Loan
Schedule Of Investments [Line Items]
Spread	[6],[20]			6%
Total Coupon	[6],[20]			7%
Maturity	[6],[20]			Jun. 28, 2028
Principal	[6],[20]			$ 4,488,750
Cost	[6],[20]			4,403,197
Fair Value	[6],[20]			$ 4,219,425
% of Total Cash and Investments	[6],[20]			0.23%
Debt Investments | Healthcare Providers and Services | LIBOR | INH Buyer, Inc. (IMS Health) | First Lien Term Loan | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[6],[20]			1%
Debt Investments | Healthcare Providers and Services | LIBOR | Team Services Group, LLC
Schedule Of Investments [Line Items]
Spread	[3],[19],[21]	9%				9%
Total Coupon	[3],[19],[21]	13.93%				13.93%
Maturity	[3],[19],[21]	Nov. 13, 2028				Nov. 13, 2028
Principal	[3],[19],[21]	$ 27,855,847
Cost	[3],[19],[21]	27,164,042
Fair Value	[3],[19],[21]	$ 26,463,055
% of Total Cash and Investments	[3],[19],[21]	1.57%				1.57%
Debt Investments | Healthcare Providers and Services | LIBOR | Team Services Group, LLC | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[3],[19],[21]	1%				1%
Debt Investments | Healthcare Providers and Services | LIBOR | Team Services Group, LLC | Second Lien Term Loan
Schedule Of Investments [Line Items]
Spread	[6],[20],[22]			9%
Total Coupon	[6],[20],[22]			10%
Maturity	[6],[20],[22]			Nov. 13, 2028
Principal	[6],[20],[22]			$ 27,855,847
Cost	[6],[20],[22]			27,091,622
Fair Value	[6],[20],[22]			$ 27,855,847
% of Total Cash and Investments	[6],[20],[22]			1.50%
Debt Investments | Healthcare Providers and Services | LIBOR | Team Services Group, LLC | Second Lien Term Loan | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[6],[20],[22]			1%
Debt Investments | Healthcare Providers and Services | LIBOR | Tempus, LLC (Epic Staffing) | First Lien Delayed Draw Term Loan
Schedule Of Investments [Line Items]
Spread	[6],[20]			6%
Total Coupon	[6],[20]			7%
Maturity	[6],[20]			Feb. 05, 2027
Principal	[6],[20]			$ 1,528,379
Cost	[6],[20]			1,482,798
Fair Value	[6],[20]			$ 1,569,223
% of Total Cash and Investments	[6],[20]			0.08%
Debt Investments | Healthcare Providers and Services | LIBOR | Tempus, LLC (Epic Staffing) | First Lien Delayed Draw Term Loan | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[6],[20]			1%
Debt Investments | Healthcare Providers and Services | LIBOR | Tempus, LLC (Epic Staffing) | First Lien Term Loan
Schedule Of Investments [Line Items]
Spread	[6],[20]			6%
Total Coupon	[6],[20]			7%
Maturity	[6],[20]			Feb. 05, 2027
Principal	[6],[20]			$ 4,050,005
Cost	[6],[20]			3,977,043
Fair Value	[6],[20]			$ 4,090,505
% of Total Cash and Investments	[6],[20]			0.22%
Debt Investments | Healthcare Providers and Services | LIBOR | Tempus, LLC (Epic Staffing) | First Lien Term Loan | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[6],[20]			1%
Debt Investments | Healthcare Providers and Services | SOFR | INH Buyer, Inc. (IMS Health) | First Lien Term Loan
Schedule Of Investments [Line Items]
Spread PIK	[3],[19],[26]	3.50%				3.50%
Spread Cash	[3],[19],[26]	3.50%				3.50%
Total Coupon	[3],[19],[26]	11.68%				11.68%
Maturity	[3],[19],[26]	Jun. 28, 2028				Jun. 28, 2028
Principal	[3],[19],[26]	$ 4,505,060
Cost	[3],[19],[26]	4,428,186
Fair Value	[3],[19],[26]	$ 3,535,571
% of Total Cash and Investments	[3],[19],[26]	0.21%				0.21%
Debt Investments | Healthcare Providers and Services | SOFR | INH Buyer, Inc. (IMS Health) | First Lien Term Loan | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[3],[19],[26]	1%				1%
Debt Investments | Healthcare Providers and Services | SOFR | Opco Borrower, LLC (Giving Home Health Care) | First Lien Term Loan
Schedule Of Investments [Line Items]
Spread	[3],[19]	6.50%				6.50%
Total Coupon	[3],[19]	11.18%				11.18%
Maturity	[3],[19]	Aug. 19, 2027				Aug. 19, 2027
Principal	[3],[19]	$ 341,602
Cost	[3],[19]	338,323
Fair Value	[3],[19]	$ 335,658
% of Total Cash and Investments	[3],[19]	0.02%				0.02%
Debt Investments | Healthcare Providers and Services | SOFR | Opco Borrower, LLC (Giving Home Health Care) | First Lien Term Loan | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[3],[19]	1%				1%
Debt Investments | Healthcare Providers and Services | SOFR | Opco Borrower, LLC (Giving Home Health Care) | Sr Secured Revolver
Schedule Of Investments [Line Items]
Spread	[3],[19]	6.50%				6.50%
Total Coupon	[3],[19]	10.87%				10.87%
Maturity	[3],[19]	Aug. 19, 2027				Aug. 19, 2027
Principal	[3],[19]	$ 6,250
Cost	[3],[19]	5,958
Fair Value	[3],[19]	$ 5,706
% of Total Cash and Investments	[3],[19]	0%				0%
Debt Investments | Healthcare Providers and Services | SOFR | Opco Borrower, LLC (Giving Home Health Care) | Sr Secured Revolver | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[3],[19]	1%				1%
Debt Investments | Healthcare Providers and Services | SOFR | PHC Buyer, LLC (Patriot Home Care) | First Lien Delayed Draw Term Loan
Schedule Of Investments [Line Items]
Spread	[3],[19],[27]	6%				6%
Total Coupon	[3],[19],[27]	10.70%				10.70%
Maturity	[3],[19],[27]	May 04, 2028				May 04, 2028
Principal	[3],[19],[27]	$ 0
Cost	[3],[19],[27]	(70,579)
Fair Value	[3],[19],[27]	$ (126,294)
% of Total Cash and Investments	[3],[19],[27]	(0.01%)				(0.01%)
Debt Investments | Healthcare Providers and Services | SOFR | PHC Buyer, LLC (Patriot Home Care) | First Lien Delayed Draw Term Loan | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[3],[19],[27]	0.75%				0.75%
Debt Investments | Healthcare Providers and Services | SOFR | PHC Buyer, LLC (Patriot Home Care) | First Lien Term Loan
Schedule Of Investments [Line Items]
Spread	[3],[19]	6%				6%
Total Coupon	[3],[19]	10.70%				10.70%
Maturity	[3],[19]	May 04, 2028				May 04, 2028
Principal	[3],[19]	$ 10,340,600
Cost	[3],[19]	10,152,047
Fair Value	[3],[19]	$ 10,010,735
% of Total Cash and Investments	[3],[19]	0.59%				0.59%
Debt Investments | Healthcare Providers and Services | SOFR | PHC Buyer, LLC (Patriot Home Care) | First Lien Term Loan | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[3],[19]	0.75%				0.75%
Debt Investments | Hotels, Restaurants and Leisure
Schedule Of Investments [Line Items]
Cost	[19]	$ 12,315,959
Fair Value	[19]	$ 12,313,997
% of Total Cash and Investments	[19]	0.73%				0.73%
Debt Investments | Hotels, Restaurants and Leisure | LIBOR | Fishbowl, Inc. | First Lien Term Loan
Schedule Of Investments [Line Items]
Spread	[6],[20]			9.75%
Total Coupon	[6],[20]			10%
Maturity	[6],[20]			Jan. 26, 2022
Principal	[6],[20]			$ 27,077,989
Cost	[6],[20]			27,069,602
Fair Value	[6],[20]			$ 12,943,279
% of Total Cash and Investments	[6],[20]			0.70%
Debt Investments | Hotels, Restaurants and Leisure | SOFR | Fishbowl, Inc. | First Lien Term Loan
Schedule Of Investments [Line Items]
Spread	[3],[15],[19]	5%				5%
Total Coupon	[3],[15],[19]	9.84%				9.84%
Maturity	[3],[15],[19]	May 27, 2027				May 27, 2027
Principal	[3],[15],[19]	$ 12,089,579
Cost	[3],[15],[19]	12,089,579
Fair Value	[3],[15],[19]	$ 12,089,579
% of Total Cash and Investments	[3],[15],[19]	0.72%				0.72%
Debt Investments | Hotels, Restaurants and Leisure | SOFR | Fishbowl, Inc. | First Lien Term Loan | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[3],[15],[19]	1%				1%
Debt Investments | Hotels, Restaurants and Leisure | SOFR | OCM Luxembourg Baccarat BidCo S.À R.L. (Interblock) (Slovenia) | First Lien Term Loan
Schedule Of Investments [Line Items]
Spread	[3],[10],[19]	6.25%				6.25%
Total Coupon	[3],[10],[19]	10.68%				10.68%
Maturity	[3],[10],[19]	Jun. 03, 2027				Jun. 03, 2027
Principal	[3],[10],[19]	$ 230,903
Cost	[3],[10],[19]	226,708
Fair Value	[3],[10],[19]	$ 224,899
% of Total Cash and Investments	[3],[10],[19]	0.01%				0.01%
Debt Investments | Hotels, Restaurants and Leisure | SOFR | OCM Luxembourg Baccarat BidCo S.À R.L. (Interblock) (Slovenia) | First Lien Term Loan | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[3],[10],[19]	0.75%				0.75%
Debt Investments | Hotels, Restaurants and Leisure | SOFR | OCM Luxembourg Baccarat BidCo S.À R.L. (Interblock) (Slovenia) | Sr Secured Revolver
Schedule Of Investments [Line Items]
Spread	[3],[10],[19],[27]	6.25%				6.25%
Total Coupon	[3],[10],[19],[27]	10.68%				10.68%
Maturity	[3],[10],[19],[27]	Jun. 03, 2027				Jun. 03, 2027
Principal	[3],[10],[19],[27]	$ 0
Cost	[3],[10],[19],[27]	(328)
Fair Value	[3],[10],[19],[27]	$ (481)
% of Total Cash and Investments	[3],[10],[19],[27]	0%				0%
Debt Investments | Hotels, Restaurants and Leisure | SOFR | OCM Luxembourg Baccarat BidCo S.À R.L. (Interblock) (Slovenia) | Sr Secured Revolver | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[3],[10],[19],[27]	0.75%				0.75%
Debt Investments | Insurance
Schedule Of Investments [Line Items]
Cost		$ 19,255,925	[19]	$ 33,293,411	[20]
Fair Value		$ 19,625,629	[19]	$ 33,761,963	[20]
% of Total Cash and Investments		1.16%	[19]	1.81%	[20]	1.16%	[19]
Debt Investments | Insurance | LIBOR | AmeriLife Holdings, LLC | Second Lien Term Loan
Schedule Of Investments [Line Items]
Spread	[6],[20]			8.50%
Total Coupon	[6],[20]			9.50%
Maturity	[6],[20]			Mar. 18, 2028
Principal	[6],[20]			$ 28,810,993
Cost	[6],[20]			28,333,623
Fair Value	[6],[20]			$ 28,810,993
% of Total Cash and Investments	[6],[20]			1.54%
Debt Investments | Insurance | LIBOR | AmeriLife Holdings, LLC | Second Lien Term Loan | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[6],[20]			1%
Debt Investments | Insurance | LIBOR | IT Parent, LLC (Insurance Technologies) | First Lien Term Loan
Schedule Of Investments [Line Items]
Spread		6.25%	[3],[19]	6.25%	[6],[20]	6.25%	[3],[19]
Total Coupon		10.63%	[3],[19]	7.25%	[6],[20]	10.63%	[3],[19]
Maturity		Oct. 01, 2026	[3],[19]	Oct. 01, 2026	[6],[20]	Oct. 01, 2026	[3],[19]
Principal		$ 4,834,127	[3],[19]	$ 4,883,454	[6],[20]
Cost		4,769,068	[3],[19]	4,803,141	[6],[20]
Fair Value		$ 4,519,909	[3],[19]	$ 4,795,553	[6],[20]
% of Total Cash and Investments		0.27%	[3],[19]	0.26%	[6],[20]	0.27%	[3],[19]
Debt Investments | Insurance | LIBOR | IT Parent, LLC (Insurance Technologies) | First Lien Term Loan | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor		1%	[3],[19]	1%	[6],[20]	1%	[3],[19]
Debt Investments | Insurance | LIBOR | IT Parent, LLC (Insurance Technologies) | Sr Secured Revolver
Schedule Of Investments [Line Items]
Spread	[6],[20]			6.25%
Total Coupon	[6],[20]			7.25%
Maturity	[6],[20]			Oct. 01, 2026
Principal	[6],[20]			$ 166,667
Cost	[6],[20]			156,647
Fair Value	[6],[20]			$ 155,417
% of Total Cash and Investments	[6],[20]			0.01%
Debt Investments | Insurance | LIBOR | IT Parent, LLC (Insurance Technologies) | Sr Secured Revolver | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[6],[20]			1%
Debt Investments | Insurance | SOFR | AmeriLife Holdings, LLC | First Lien Delayed Draw Term Loan
Schedule Of Investments [Line Items]
Spread	[3],[19]	5.75%				5.75%
Total Coupon	[3],[19]	10.15%				10.15%
Maturity	[3],[19]	Aug. 31, 2029				Aug. 31, 2029
Principal	[3],[19]	$ 303,030
Cost	[3],[19]	294,326
Fair Value	[3],[19]	$ 284,394
% of Total Cash and Investments	[3],[19]	0.02%				0.02%
Debt Investments | Insurance | SOFR | AmeriLife Holdings, LLC | First Lien Delayed Draw Term Loan | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[3],[19]	0.75%				0.75%
Debt Investments | Insurance | SOFR | AmeriLife Holdings, LLC | First Lien Term Loan
Schedule Of Investments [Line Items]
Spread	[3],[19]	5.75%				5.75%
Total Coupon	[3],[19]	9.58%				9.58%
Maturity	[3],[19]	Aug. 31, 2029				Aug. 31, 2029
Principal	[3],[19]	$ 1,818,182
Cost	[3],[19]	1,783,546
Fair Value	[3],[19]	$ 1,743,636
% of Total Cash and Investments	[3],[19]	0.10%				0.10%
Debt Investments | Insurance | SOFR | AmeriLife Holdings, LLC | First Lien Term Loan | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[3],[19]	0.75%				0.75%
Debt Investments | Insurance | SOFR | AmeriLife Holdings, LLC | Sr Secured Revolver
Schedule Of Investments [Line Items]
Spread	[3],[19],[27]	5.75%				5.75%
Total Coupon	[3],[19],[27]	9.58%				9.58%
Maturity	[3],[19],[27]	Aug. 31, 2028				Aug. 31, 2028
Principal	[3],[19],[27]	$ 0
Cost	[3],[19],[27]	(4,291)
Fair Value	[3],[19],[27]	$ (9,318)
% of Total Cash and Investments	[3],[19],[27]	0%				0%
Debt Investments | Insurance | SOFR | AmeriLife Holdings, LLC | Sr Secured Revolver | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[3],[19],[27]	0.75%				0.75%
Debt Investments | Insurance | SOFR | Integrity Marketing Acquisition, LLC | First Lien Incremental Term Loan
Schedule Of Investments [Line Items]
Spread	[3],[19]	6.50%				6.50%
Total Coupon	[3],[19]	10.82%				10.82%
Maturity	[3],[19]	Aug. 27, 2025				Aug. 27, 2025
Principal	[3],[19]	$ 10,254,564
Cost	[3],[19]	10,077,026
Fair Value	[3],[19]	$ 10,172,528
% of Total Cash and Investments	[3],[19]	0.60%				0.60%
Debt Investments | Insurance | SOFR | Integrity Marketing Acquisition, LLC | First Lien Incremental Term Loan | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[3],[19]	0.75%				0.75%
Debt Investments | Insurance | SOFR | Integrity Marketing Acquisition, LLC | Sr Secured Incremental Revolver
Schedule Of Investments [Line Items]
Spread	[3],[19],[27]	6.50%				6.50%
Total Coupon	[3],[19],[27]	10.82%				10.82%
Maturity	[3],[19],[27]	Aug. 27, 2025				Aug. 27, 2025
Principal	[3],[19],[27]	$ 0
Cost	[3],[19],[27]	(786,502)
Fair Value	[3],[19],[27]	$ (82,037)
% of Total Cash and Investments	[3],[19],[27]	0%				0%
Debt Investments | Insurance | SOFR | Integrity Marketing Acquisition, LLC | Sr Secured Incremental Revolver | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[3],[19],[27]	0.75%				0.75%
Debt Investments | Insurance | SOFR | Peter C. Foy & Associates Insurance Services, LLC (PCF Insurance) | First Lien Delayed Draw Term Loan
Schedule Of Investments [Line Items]
Spread	[3],[19]	6%				6%
Total Coupon	[3],[19]	11.11%				11.11%
Maturity	[3],[19]	Nov. 01, 2028				Nov. 01, 2028
Principal	[3],[19]	$ 1,860,573
Cost	[3],[19]	1,831,392
Fair Value	[3],[19]	$ 1,764,330
% of Total Cash and Investments	[3],[19]	0.10%				0.10%
Debt Investments | Insurance | SOFR | Peter C. Foy & Associates Insurance Services, LLC (PCF Insurance) | First Lien Delayed Draw Term Loan | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[3],[19]	0.75%				0.75%
Debt Investments | Insurance | SOFR | Peter C. Foy & Associates Insurance Services, LLC (PCF Insurance) | First Lien Term Loan
Schedule Of Investments [Line Items]
Spread	[3],[19]	6%				6%
Total Coupon	[3],[19]	11.12%				11.12%
Maturity	[3],[19]	Nov. 01, 2028				Nov. 01, 2028
Principal	[3],[19]	$ 852,857
Cost	[3],[19]	841,089
Fair Value	[3],[19]	$ 814,479
% of Total Cash and Investments	[3],[19]	0.05%				0.05%
Debt Investments | Insurance | SOFR | Peter C. Foy & Associates Insurance Services, LLC (PCF Insurance) | First Lien Term Loan | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[3],[19]	0.75%				0.75%
Debt Investments | Insurance | LIBOR/PRIME | IT Parent, LLC (Insurance Technologies) | Sr Secured Revolver
Schedule Of Investments [Line Items]
Spread	[3],[19]	6.25%				6.25%
Total Coupon	[3],[19]	11.21%				11.21%
Maturity	[3],[19]	Oct. 01, 2026				Oct. 01, 2026
Principal	[3],[19]	$ 458,333
Cost	[3],[19]	450,271
Fair Value	[3],[19]	$ 417,708
% of Total Cash and Investments	[3],[19]	0.02%				0.02%
Debt Investments | Insurance | LIBOR/PRIME | IT Parent, LLC (Insurance Technologies) | Sr Secured Revolver | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[3],[19]	1%				1%
Debt Investments | Internet and Catalog Retail
Schedule Of Investments [Line Items]
Cost	[19]	$ 12,894,239
Fair Value	[19]	$ 10,550,537
% of Total Cash and Investments	[19]	0.63%				0.63%
Debt Investments | Internet and Catalog Retail | LIBOR | Syndigo, LLC | Second Lien Term Loan
Schedule Of Investments [Line Items]
Spread		8%	[3],[19],[21]	8%	[6],[20],[22]	8%	[3],[19],[21]
Total Coupon		13.21%	[3],[19],[21]	8.75%	[6],[20],[22]	13.21%	[3],[19],[21]
Maturity		Dec. 14, 2028	[3],[19],[21]	Dec. 14, 2028	[6],[20],[22]	Dec. 14, 2028	[3],[19],[21]
Principal		$ 12,141,870	[3],[19],[21]	$ 12,141,870	[6],[20],[22]
Cost		11,996,183	[3],[19],[21]	11,976,548	[6],[20],[22]
Fair Value		$ 9,652,787	[3],[19],[21]	$ 12,157,047	[6],[20],[22]
% of Total Cash and Investments		0.58%	[3],[19],[21]	0.65%	[6],[20],[22]	0.58%	[3],[19],[21]
Debt Investments | Internet and Catalog Retail | LIBOR | Syndigo, LLC | Second Lien Term Loan | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor		0.75%	[3],[19],[21]	0.01%	[6],[20],[22]	0.75%	[3],[19],[21]
Debt Investments | Internet and Catalog Retail | PRIME | CommerceHub, Inc. | First Lien Term Loan
Schedule Of Investments [Line Items]
Spread	[3],[19]	5.25%				5.25%
Total Coupon	[3],[19]	12.25%				12.25%
Maturity	[3],[19]	Dec. 29, 2027				Dec. 29, 2027
Principal	[3],[19]	$ 964,286
Cost	[3],[19]	898,056
Fair Value	[3],[19]	$ 897,750
% of Total Cash and Investments	[3],[19]	0.05%				0.05%
Debt Investments | Internet and Catalog Retail | PRIME | CommerceHub, Inc. | First Lien Term Loan | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[3],[19]	0.75%				0.75%
Debt Investments | Internet Software and Services
Schedule Of Investments [Line Items]
Cost		$ 219,774,611	[19]	$ 292,618,472	[20]
Fair Value		$ 212,819,588	[19]	$ 297,968,606	[20]
% of Total Cash and Investments		12.58%	[19]	16.01%	[20]	12.58%	[19]
Debt Investments | Internet Software and Services | FinancialForce.com, Inc. | First Lien Delayed Draw Term Loan
Schedule Of Investments [Line Items]
Spread	[6],[20],[25]			6.75%
Debt Investments | Internet Software and Services | LIBOR | Astra Acquisition Corp. (Anthology) | Second Lien Term Loan
Schedule Of Investments [Line Items]
Spread		8.88%	[3],[19]	8.88%	[6],[20]	8.88%	[3],[19]
Total Coupon		13.26%	[3],[19]	9.63%	[6],[20]	13.26%	[3],[19]
Maturity		Oct. 25, 2029	[3],[19]	Oct. 25, 2029	[6],[20]	Oct. 25, 2029	[3],[19]
Principal		$ 20,715,038	[3],[19]	$ 20,720,019	[6],[20]
Cost		20,337,084	[3],[19]	20,305,618	[6],[20]
Fair Value		$ 18,643,534	[3],[19]	$ 20,461,019	[6],[20]
% of Total Cash and Investments		1.10%	[3],[19]	1.10%	[6],[20]	1.10%	[3],[19]
Debt Investments | Internet Software and Services | LIBOR | Astra Acquisition Corp. (Anthology) | Second Lien Term Loan | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor		0.75%	[3],[19]	0.75%	[6],[20]	0.75%	[3],[19]
Debt Investments | Internet Software and Services | LIBOR | Domo, Inc. | First Lien Delayed Draw Term Loan
Schedule Of Investments [Line Items]
Spread PIK		2.50%	[3],[19],[26]	2.50%	[6],[20],[25]	2.50%	[3],[19],[26]
Spread Cash		5.50%	[3],[19],[26]	5.50%	[6],[20],[25]	5.50%	[3],[19],[26]
Total Coupon		12.81%	[3],[19],[26]	9.50%	[6],[20],[25]	12.81%	[3],[19],[26]
Maturity		Apr. 01, 2025	[3],[19],[26]	Apr. 01, 2025	[6],[20],[25]	Apr. 01, 2025	[3],[19],[26]
Principal		$ 56,241,443	[3],[19],[26]	$ 54,835,264	[6],[20],[25]
Cost		56,101,006	[3],[19],[26]	54,612,329	[6],[20],[25]
Fair Value		$ 55,791,511	[3],[19],[26]	$ 55,054,604	[6],[20],[25]
% of Total Cash and Investments		3.27%	[3],[19],[26]	2.96%	[6],[20],[25]	3.27%	[3],[19],[26]
Debt Investments | Internet Software and Services | LIBOR | Domo, Inc. | First Lien Delayed Draw Term Loan | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor		1.50%	[3],[19],[26]	1.50%	[6],[20],[25]	1.50%	[3],[19],[26]
Debt Investments | Internet Software and Services | LIBOR | Magenta Buyer, LLC (McAfee) | Second Lien Term Loan
Schedule Of Investments [Line Items]
Spread		8.25%	[21]	8.25%	[20],[22]	8.25%	[21]
Total Coupon		12.67%	[21]	9%	[20],[22]	12.67%	[21]
Maturity		Jul. 27, 2029	[21]	Jul. 27, 2029	[20],[22]	Jul. 27, 2029	[21]
Principal		$ 20,000,000	[21]	$ 20,000,000	[20],[22]
Cost		19,751,604	[21]	19,722,168	[20],[22]
Fair Value		$ 15,900,000	[21]	$ 19,918,800	[20],[22]
% of Total Cash and Investments		0.94%	[19],[21]	1.07%	[20],[22]	0.94%	[19],[21]
Debt Investments | Internet Software and Services | LIBOR | Magenta Buyer, LLC (McAfee) | Second Lien Term Loan | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor		0.75%	[21]	0.75%	[20],[22]	0.75%	[21]
Debt Investments | Internet Software and Services | LIBOR | Persado, Inc. | First Lien Delayed Draw Term Loan
Schedule Of Investments [Line Items]
Spread	[6],[20],[25]			7%
Total Coupon	[6],[20],[25]			8.80%
Maturity	[6],[20],[25]			Feb. 01, 2025
Principal	[6],[20],[25]			$ 8,782,078
Cost	[6],[20],[25]			8,724,372
Fair Value	[6],[20],[25]			$ 8,694,258
% of Total Cash and Investments	[6],[20],[25]			0.47%
Debt Investments | Internet Software and Services | LIBOR | Persado, Inc. | First Lien Delayed Draw Term Loan | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[6],[20],[25]			1.80%
Debt Investments | Internet Software and Services | LIBOR | Pluralsight, Inc. | First Lien Term Loan
Schedule Of Investments [Line Items]
Spread		8%	[3],[19]	8%	[20]	8%	[3],[19]
Total Coupon		11.83%	[3],[19]	9%	[20]	11.83%	[3],[19]
Maturity		Apr. 06, 2027	[3],[19]	Apr. 06, 2027	[20]	Apr. 06, 2027	[3],[19]
Principal		$ 32,582,872	[3],[19]	$ 32,582,872	[20]
Cost		32,075,239	[3],[19]	31,983,327	[20]
Fair Value		$ 31,312,141	[3],[19]	$ 32,517,707	[20]
% of Total Cash and Investments		1.85%	[3],[19]	1.75%	[20]	1.85%	[3],[19]
Debt Investments | Internet Software and Services | LIBOR | Pluralsight, Inc. | First Lien Term Loan | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor		1%	[3],[19]	1%	[20]	1%	[3],[19]
Debt Investments | Internet Software and Services | LIBOR | Pluralsight, Inc. | Sr Secured Revolver
Schedule Of Investments [Line Items]
Spread	[3],[19]	8%				8%
Total Coupon	[3],[19]	12.36%				12.36%
Maturity	[3],[19]	Apr. 06, 2027				Apr. 06, 2027
Principal	[3],[19]	$ 1,208,564
Cost	[3],[19]	1,174,147
Fair Value	[3],[19]	$ 1,114,296
% of Total Cash and Investments	[3],[19]	0.07%				0.07%
Debt Investments | Internet Software and Services | LIBOR | Pluralsight, Inc. | Sr Secured Revolver | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[3],[19]	1%				1%
Debt Investments | Internet Software and Services | LIBOR | Pluralsight, Inc. | First Lien Revolver
Schedule Of Investments [Line Items]
Spread	[6],[20]			8%
Total Coupon	[6],[20]			9%
Maturity	[6],[20]			Apr. 06, 2027
Cost	[6],[20]			$ (42,462)
Fair Value	[6],[20]			$ (4,834)
Debt Investments | Internet Software and Services | LIBOR | Pluralsight, Inc. | First Lien Revolver | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[6],[20]			1%
Debt Investments | Internet Software and Services | LIBOR | Quartz Holding Company (Quick Base) | Second Lien Term Loan
Schedule Of Investments [Line Items]
Spread		8%	[3],[19]	8%	[6],[20]	8%	[3],[19]
Total Coupon		12.38%	[3],[19]	8.10%	[6],[20]	12.38%	[3],[19]
Maturity		Apr. 02, 2027	[3],[19]	Apr. 02, 2027	[6],[20]	Apr. 02, 2027	[3],[19]
Principal		$ 9,903,019	[3],[19]	$ 9,903,019	[6],[20]
Cost		9,773,676	[3],[19]	9,751,011	[6],[20]
Fair Value		$ 9,625,734	[3],[19]	$ 9,903,019	[6],[20]
% of Total Cash and Investments		0.57%	[3],[19]	0.53%	[6],[20]	0.57%	[3],[19]
Debt Investments | Internet Software and Services | LIBOR | Quartz Holding Company (Quick Base) | Second Lien Term Loan | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[3],[19]	0%				0%
Debt Investments | Internet Software and Services | LIBOR | Suited Connector, LLC | First Lien Delayed Draw Term Loan
Schedule Of Investments [Line Items]
Spread		6%	[3],[19],[27]	6%	[6],[20]	6%	[3],[19],[27]
Total Coupon		10.92%	[3],[19],[27]	7%	[6],[20]	10.92%	[3],[19],[27]
Maturity		Dec. 01, 2027	[3],[19],[27]	Dec. 01, 2027	[6],[20]	Dec. 01, 2027	[3],[19],[27]
Principal	[3],[19],[27]	$ 0
Cost		(13,985)	[3],[19],[27]	$ (16,803)	[6],[20]
Fair Value		$ (168,750)	[3],[19],[27]	$ (17,045)	[6],[20]
% of Total Cash and Investments	[3],[19],[27]	(0.01%)				(0.01%)
Debt Investments | Internet Software and Services | LIBOR | Suited Connector, LLC | First Lien Delayed Draw Term Loan | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor		1%	[3],[19],[27]	1%	[6],[20]	1%	[3],[19],[27]
Debt Investments | Internet Software and Services | LIBOR | Suited Connector, LLC | First Lien Term Loan
Schedule Of Investments [Line Items]
Spread		6%	[3],[19]	6%	[6],[20]	6%	[3],[19]
Total Coupon		10.92%	[3],[19]	7%	[6],[20]	10.92%	[3],[19]
Maturity		Dec. 01, 2027	[3],[19]	Dec. 01, 2027	[6],[20]	Dec. 01, 2027	[3],[19]
Principal		$ 3,490,057	[3],[19]	$ 3,579,545	[6],[20]
Cost		3,429,466	[3],[19]	3,508,565	[6],[20]
Fair Value		$ 2,799,026	[3],[19]	$ 3,507,955	[6],[20]
% of Total Cash and Investments		0.17%	[3],[19]	0.19%	[6],[20]	0.17%	[3],[19]
Debt Investments | Internet Software and Services | LIBOR | Suited Connector, LLC | First Lien Term Loan | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor		1%	[3],[19]	1%	[6],[20]	1%	[3],[19]
Debt Investments | Internet Software and Services | LIBOR | Suited Connector, LLC | Sr Secured Revolver
Schedule Of Investments [Line Items]
Spread		6%	[3],[19]	6%	[6],[20]	6%	[3],[19]
Total Coupon		10.98%	[3],[19]	7%	[6],[20]	10.98%	[3],[19]
Maturity		Dec. 01, 2027	[3],[19]	Dec. 01, 2027	[6],[20]	Dec. 01, 2027	[3],[19]
Principal		$ 568,182	[3],[19]	$ 170,455	[6],[20]
Cost		558,631	[3],[19]	159,233	[6],[20]
Fair Value		$ 455,682	[3],[19]	$ 159,091	[6],[20]
% of Total Cash and Investments		0.03%	[3],[19]	0.01%	[6],[20]	0.03%	[3],[19]
Debt Investments | Internet Software and Services | LIBOR | Suited Connector, LLC | Sr Secured Revolver | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor		1%	[3],[19]	1%	[6],[20]	1%	[3],[19]
Debt Investments | Internet Software and Services | LIBOR | FinancialForce.com, Inc. | First Lien Delayed Draw Term Loan
Schedule Of Investments [Line Items]
Total Coupon	[6],[20],[25]			9.50%
Maturity	[6],[20],[25]			Feb. 01, 2024
Principal	[6],[20],[25]			$ 37,500,000
Cost	[6],[20],[25]			37,166,130
Fair Value	[6],[20],[25]			$ 37,837,500
% of Total Cash and Investments	[6],[20],[25]			2.03%
Debt Investments | Internet Software and Services | LIBOR | FinancialForce.com, Inc. | First Lien Delayed Draw Term Loan | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[6],[20],[25]			2.75%
Debt Investments | Internet Software and Services | LIBOR | Foursquare Labs, Inc. | First Lien Term Loan
Schedule Of Investments [Line Items]
Spread	[6],[20],[25]			7.25%
Total Coupon	[6],[20],[25]			9.44%
Maturity	[6],[20],[25]			Oct. 01, 2022
Principal	[6],[20],[25]			$ 33,750,000
Cost	[6],[20],[25]			33,658,960
Fair Value	[6],[20],[25]			$ 33,885,000
% of Total Cash and Investments	[6],[20],[25]			1.81%
Debt Investments | Internet Software and Services | LIBOR | Foursquare Labs, Inc. | First Lien Term Loan | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[6],[20],[25]			2.19%
Debt Investments | Internet Software and Services | LIBOR | Foursquare Labs, Inc. | First Lien Incremental Term Loan
Schedule Of Investments [Line Items]
Spread	[6],[20]			7.25%
Total Coupon	[6],[20]			9.44%
Maturity	[6],[20]			Oct. 01, 2022
Principal	[6],[20]			$ 7,500,000
Cost	[6],[20]			7,401,772
Fair Value	[6],[20]			$ 7,507,500
% of Total Cash and Investments	[6],[20]			0.40%
Debt Investments | Internet Software and Services | LIBOR | Foursquare Labs, Inc. | First Lien Incremental Term Loan | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[6],[20]			2.19%
Debt Investments | Internet Software and Services | LIBOR | Foursquare Labs, Inc. | First Lien Incremental Term Loan One
Schedule Of Investments [Line Items]
Spread	[6],[20]			7.25%
Total Coupon	[6],[20]			9.44%
Maturity	[6],[20]			May 01, 2023
Principal	[6],[20]			$ 2,500,000
Cost	[6],[20]			2,484,779
Fair Value	[6],[20]			$ 2,530,000
% of Total Cash and Investments	[6],[20]			0.14%
Debt Investments | Internet Software and Services | LIBOR | Foursquare Labs, Inc. | First Lien Incremental Term Loan One | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[6],[20]			2.19%
Debt Investments | Internet Software and Services | LIBOR | Acquia, Inc. | First Lien Term Loan
Schedule Of Investments [Line Items]
Spread		7%	[3],[19]	7%	[6],[20]	7%	[3],[19]
Total Coupon		10.74%	[3],[19]	8%	[6],[20]	10.74%	[3],[19]
Maturity		Oct. 31, 2025	[3],[19]	Nov. 01, 2025	[6],[20]	Oct. 31, 2025	[3],[19]
Principal		$ 25,299,735	[3],[19]	$ 25,299,735	[6],[20]
Cost		24,992,125	[3],[19]	24,911,165	[6],[20]
Fair Value		$ 25,299,735	[3],[19]	$ 25,489,484	[6],[20]
% of Total Cash and Investments		1.50%	[3],[19]	1.37%	[6],[20]	1.50%	[3],[19]
Debt Investments | Internet Software and Services | LIBOR | Acquia, Inc. | First Lien Term Loan | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor		1%	[3],[19]	1%	[6],[20]	1%	[3],[19]
Debt Investments | Internet Software and Services | LIBOR | Acquia, Inc. | Sr Secured Revolver
Schedule Of Investments [Line Items]
Spread		7%	[3],[19]	7%	[6],[20],[24]	7%	[3],[19]
Total Coupon		10.64%	[3],[19]	8%	[6],[20],[24]	10.64%	[3],[19]
Maturity		Oct. 31, 2025	[3],[19]	Nov. 01, 2025	[6],[20],[24]	Oct. 31, 2025	[3],[19]
Principal	[3],[19]	$ 1,112,098
Cost		1,094,116	[3],[19]	$ (24,062)	[6],[20],[24]
Fair Value	[3],[19]	$ 1,112,098
% of Total Cash and Investments	[3],[19]	0.07%				0.07%
Debt Investments | Internet Software and Services | LIBOR | Acquia, Inc. | Sr Secured Revolver | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor		1%	[3],[19]	1%	[6],[20],[24]	1%	[3],[19]
Debt Investments | Internet Software and Services | LIBOR | MetricStream, Inc. | First Lien Term Loan
Schedule Of Investments [Line Items]
Spread	[6],[20]			8%
Total Coupon	[6],[20]			9%
Maturity	[6],[20]			Sep. 28, 2024
Principal	[6],[20]			$ 23,104,483
Cost	[6],[20]			22,774,165
Fair Value	[6],[20]			$ 22,434,453
% of Total Cash and Investments	[6],[20]			1.21%
Debt Investments | Internet Software and Services | LIBOR | MetricStream, Inc. | First Lien Term Loan | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[6],[20]			1%
Debt Investments | Internet Software and Services | LIBOR | MetricStream, Inc. | First Lien Incremental Term Loan
Schedule Of Investments [Line Items]
Spread	[6],[20],[25]			8%
Total Coupon	[6],[20],[25]			9%
Maturity	[6],[20],[25]			Sep. 28, 2024
Principal	[6],[20],[25]			$ 7,109,072
Cost	[6],[20],[25]			6,980,402
Fair Value	[6],[20],[25]			$ 6,934,899
% of Total Cash and Investments	[6],[20],[25]			0.37%
Debt Investments | Internet Software and Services | LIBOR | MetricStream, Inc. | First Lien Incremental Term Loan | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[6],[20],[25]			1%
Debt Investments | Internet Software and Services | SOFR | Sailpoint Technologies Holdings, Inc. | First Lien Term Loan
Schedule Of Investments [Line Items]
Spread	[3],[19]	6.25%				6.25%
Total Coupon	[3],[19]	10.58%				10.58%
Maturity	[3],[19]	Aug. 16, 2029				Aug. 16, 2029
Principal	[3],[19]	$ 462,462
Cost	[3],[19]	453,467
Fair Value	[3],[19]	$ 448,450
% of Total Cash and Investments	[3],[19]	0.03%				0.03%
Debt Investments | Internet Software and Services | SOFR | Sailpoint Technologies Holdings, Inc. | First Lien Term Loan | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[3],[19]	0.75%				0.75%
Debt Investments | Internet Software and Services | SOFR | Sailpoint Technologies Holdings, Inc. | Sr Secured Revolver
Schedule Of Investments [Line Items]
Spread	[3],[19],[27]	6.25%				6.25%
Total Coupon	[3],[19],[27]	10.58%				10.58%
Maturity	[3],[19],[27]	Aug. 16, 2028				Aug. 16, 2028
Principal	[3],[19],[27]	$ 0
Cost	[3],[19],[27]	(704)
Fair Value	[3],[19],[27]	$ (1,092)
% of Total Cash and Investments	[3],[19],[27]	0%				0%
Debt Investments | Internet Software and Services | SOFR | Sailpoint Technologies Holdings, Inc. | Sr Secured Revolver | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[3],[19],[27]	0.75%				0.75%
Debt Investments | Internet Software and Services | SOFR | Gympass US, LLC | First Lien Term Loan
Schedule Of Investments [Line Items]
Spread PIK	[3],[19]	4%				4%
Spread Cash	[3],[19]	4%				4%
Total Coupon	[3],[19]	12.77%				12.77%
Maturity	[3],[19]	Jul. 08, 2027				Jul. 08, 2027
Principal	[3],[19]	$ 508,896
Cost	[3],[19]	504,226
Fair Value	[3],[19]	$ 500,245
% of Total Cash and Investments	[3],[19]	0.03%				0.03%
Debt Investments | Internet Software and Services | SOFR | Gympass US, LLC | First Lien Term Loan | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[3],[19]	1%				1%
Debt Investments | Internet Software and Services | SOFR | Anaconda, Inc. | First Lien Term Loan
Schedule Of Investments [Line Items]
Spread	[3],[19]	7.50%				7.50%
Total Coupon	[3],[19]	11.86%				11.86%
Maturity	[3],[19]	Aug. 22, 2027				Aug. 22, 2027
Principal	[3],[19]	$ 5,717,940
Cost	[3],[19]	5,663,515
Fair Value	[3],[19]	$ 5,637,889
% of Total Cash and Investments	[3],[19]	0.33%				0.33%
Debt Investments | Internet Software and Services | SOFR | Anaconda, Inc. | First Lien Term Loan | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[3],[19]	1%				1%
Debt Investments | Internet Software and Services | SOFR | InMoment, Inc. | First Lien Term Loan
Schedule Of Investments [Line Items]
Spread PIK	[3],[19]	2.50%				2.50%
Spread Cash	[3],[19]	5%				5%
Total Coupon	[3],[19]	11.58%				11.58%
Maturity	[3],[19]	Jun. 08, 2028				Jun. 08, 2028
Principal	[3],[19]	$ 7,555,674
Cost	[3],[19]	7,415,417
Fair Value	[3],[19]	$ 7,381,138
% of Total Cash and Investments	[3],[19]	0.44%				0.44%
Debt Investments | Internet Software and Services | SOFR | InMoment, Inc. | First Lien Term Loan | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[3],[19]	0.75%				0.75%
Debt Investments | Internet Software and Services | SOFR | Persado, Inc. | First Lien Delayed Draw Term Loan
Schedule Of Investments [Line Items]
Spread	[3],[19],[26]	7%				7%
Total Coupon	[3],[19],[26]	11.12%				11.12%
Maturity	[3],[19],[26]	Jun. 10, 2027				Jun. 10, 2027
Principal	[3],[19],[26]	$ 8,782,078
Cost	[3],[19],[26]	8,724,912
Fair Value	[3],[19],[26]	$ 7,769,872
% of Total Cash and Investments	[3],[19],[26]	0.46%				0.46%
Debt Investments | Internet Software and Services | SOFR | Persado, Inc. | First Lien Delayed Draw Term Loan | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[3],[19],[26]	1.80%				1.80%
Debt Investments | Internet Software and Services | SOFR | Persado, Inc. | First Lien Term Loan
Schedule Of Investments [Line Items]
Spread	[3],[19],[26]	7%				7%
Total Coupon	[3],[19],[26]	11.12%				11.12%
Maturity	[3],[19],[26]	Jun. 10, 2027				Jun. 10, 2027
Principal	[3],[19],[26]	$ 8,608,961
Cost	[3],[19],[26]	8,496,728
Fair Value	[3],[19],[26]	$ 8,148,381
% of Total Cash and Investments	[3],[19],[26]	0.48%				0.48%
Debt Investments | Internet Software and Services | SOFR | Persado, Inc. | First Lien Term Loan | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[3],[19],[26]	1.80%				1.80%
Debt Investments | Internet Software and Services | SOFR | Reveal Data Corporation et al | First Lien FILO Term Loan
Schedule Of Investments [Line Items]
Spread	[3],[19]	6.50%				6.50%
Total Coupon	[3],[19]	9.92%				9.92%
Maturity	[3],[19]	Mar. 09, 2028				Mar. 09, 2028
Principal	[3],[19]	$ 8,143,975
Cost	[3],[19]	7,965,825
Fair Value	[3],[19]	$ 7,876,038
% of Total Cash and Investments	[3],[19]	0.47%				0.47%
Debt Investments | Internet Software and Services | SOFR | Reveal Data Corporation et al | First Lien FILO Term Loan | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[3],[19]	1%				1%
Debt Investments | Internet Software and Services | SOFR | Spartan Bidco Pty Ltd (StarRez) (Australia) | First Lien Incremental Term Loan
Schedule Of Investments [Line Items]
Spread PIK	[3],[10],[17],[19]	6.50%				6.50%
Spread Cash	[3],[10],[17],[19]	0.75%				0.75%
Total Coupon	[3],[10],[17],[19]	11.46%				11.46%
Maturity	[3],[10],[17],[19]	Jan. 24, 2028				Jan. 24, 2028
Principal	[3],[10],[17],[19]	$ 508,856
Cost	[3],[10],[17],[19]	499,502
Fair Value	[3],[10],[17],[19]	$ 494,506
% of Total Cash and Investments	[3],[10],[17],[19]	0.03%				0.03%
Debt Investments | Internet Software and Services | SOFR | Spartan Bidco Pty Ltd (StarRez) (Australia) | First Lien Incremental Term Loan | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[3],[10],[17],[19]	0.75%				0.75%
Debt Investments | Internet Software and Services | Fixed | Domo, Inc. | First Lien PIK Term Loan
Schedule Of Investments [Line Items]
Spread PIK		9.50%	[3],[19]	9.50%	[6],[20]	9.50%	[3],[19]
Total Coupon		9.50%	[3],[19]	9.50%	[6],[20]	9.50%	[3],[19]
Maturity		Apr. 01, 2025	[3],[19]	Apr. 01, 2025	[6],[20]	Apr. 01, 2025	[3],[19]
Principal		$ 3,109,912	[3],[19]	$ 2,825,431	[6],[20]
Cost		620,035	[3],[19]	335,553	[6],[20]
Fair Value		$ 2,882,889	[3],[19]	$ 2,828,256	[6],[20]
% of Total Cash and Investments		0.17%	[3],[19]	0.15%	[6],[20]	0.17%	[3],[19]
Debt Investments | Internet Software and Services | Fixed | Domo, Inc. | First Lien PIK Term Loan | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[3],[19]	0%				0%
Debt Investments | Internet Software and Services | Fixed | Magenta Buyer, LLC (McAfee) | First Lien Incremental Term Loan
Schedule Of Investments [Line Items]
Spread	[19]	12%				12%
Total Coupon	[19]	12%				12%
Maturity	[19]	Jul. 27, 2028				Jul. 27, 2028
Principal	[19]	$ 2,152,739
Cost	[19]	1,937,465
Fair Value	[19]	$ 2,012,811
% of Total Cash and Investments	[19]	0.12%				0.12%
Debt Investments | Internet Software and Services | Fixed | Magenta Buyer, LLC (McAfee) | First Lien Incremental Term Loan | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[19]	0%				0%
Debt Investments | Internet Software and Services | EURIBOR | ResearchGate GmBH (Germany) | First Lien Term Loan
Schedule Of Investments [Line Items]
Spread		8.55%	[3],[9],[10],[19],[26]	8.55%	[6],[11],[12],[20],[25]	8.55%	[3],[9],[10],[19],[26]
Total Coupon		8.55%	[3],[9],[10],[19],[26]	8.55%	[6],[11],[12],[20],[25]	8.55%	[3],[9],[10],[19],[26]
Maturity		Oct. 01, 2024	[3],[9],[10],[19],[26]	Oct. 01, 2022	[6],[11],[12],[20],[25]	Oct. 01, 2024	[3],[9],[10],[19],[26]
Principal				$ 7,500,000	[6],[11],[12],[20],[25]	€ 7,500,000	[3],[9],[10],[19],[26]
Cost		$ 8,221,114	[3],[9],[10],[19],[26]	8,222,250	[6],[11],[12],[20],[25]
Fair Value		$ 7,783,454	[3],[9],[10],[19],[26]	$ 8,326,940	[6],[11],[12],[20],[25]
% of Total Cash and Investments		0.46%	[3],[9],[10],[19],[26]	0.45%	[6],[20]	0.46%	[3],[9],[10],[19],[26]
Debt Investments | Internet Software and Services | EURIBOR | ResearchGate GmBH (Germany) | First Lien Term Loan | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[3],[9],[10],[19],[26]	0%				0%
Debt Investments | IT Services
Schedule Of Investments [Line Items]
Cost		$ 45,219,053	[19]	$ 43,205,780	[20]
Fair Value		$ 44,266,008	[19]	$ 43,665,792	[20]
% of Total Cash and Investments		2.62%	[19]	2.35%	[20]	2.62%	[19]
Debt Investments | IT Services | LIBOR | Ensono, Inc. | Second Lien Term Loan B
Schedule Of Investments [Line Items]
Spread		8%	[3],[19]	8%	[6],[20]	8%	[3],[19]
Total Coupon		13.15%	[3],[19]	8.35%	[6],[20]	13.15%	[3],[19]
Maturity		May 28, 2029	[3],[19]	May 28, 2029	[6],[20]	May 28, 2029	[3],[19]
Principal		$ 15,000,000	[3],[19]	$ 15,000,000	[6],[20]
Cost		14,874,842	[3],[19]	14,856,134	[6],[20]
Fair Value		$ 13,875,000	[3],[19]	$ 15,300,000	[6],[20]
% of Total Cash and Investments		0.82%	[3],[19]	0.82%	[6],[20]	0.82%	[3],[19]
Debt Investments | IT Services | LIBOR | Ensono, Inc. | Second Lien Term Loan B | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[3],[19]	0%				0%
Debt Investments | IT Services | LIBOR | Puppet, Inc. | First Lien Term Loan
Schedule Of Investments [Line Items]
Spread	[6],[20],[25]			8.50%
Total Coupon	[6],[20],[25]			9.50%
Maturity	[6],[20],[25]			Jun. 19, 2023
Principal	[6],[20],[25]			$ 13,930,936
Cost	[6],[20],[25]			13,730,349
Fair Value	[6],[20],[25]			$ 13,694,110
% of Total Cash and Investments	[6],[20],[25]			0.74%
Debt Investments | IT Services | LIBOR | Puppet, Inc. | First Lien Term Loan | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[6],[20],[25]			1%
Debt Investments | IT Services | LIBOR | Xactly Corporation | First Lien Term Loan
Schedule Of Investments [Line Items]
Spread		7.25%	[3],[19]	7.25%	[6],[20]	7.25%	[3],[19]
Total Coupon		11.99%	[3],[19]	8.25%	[6],[20]	11.99%	[3],[19]
Maturity		Jul. 31, 2023	[3],[19]	Jul. 31, 2022	[6],[20]	Jul. 31, 2023	[3],[19]
Principal		$ 14,671,682	[3],[19]	$ 14,671,682	[6],[20]
Cost		14,627,537	[3],[19]	14,621,300	[6],[20]
Fair Value		$ 14,671,682	[3],[19]	$ 14,671,682	[6],[20]
% of Total Cash and Investments		0.87%	[3],[19]	0.79%	[6],[20]	0.87%	[3],[19]
Debt Investments | IT Services | LIBOR | Xactly Corporation | First Lien Term Loan | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor		1%	[3],[19]	1%	[6],[20]	1%	[3],[19]
Debt Investments | IT Services | LIBOR | Xactly Corporation | Sr Secured Revolver
Schedule Of Investments [Line Items]
Spread		7.25%	[3],[19]	7.25%	[6],[20],[24]	7.25%	[3],[19]
Total Coupon		11.64%	[3],[19]	8.25%	[6],[20],[24]	11.64%	[3],[19]
Maturity		Jul. 31, 2023	[3],[19]	Jul. 31, 2022	[6],[20],[24]	Jul. 31, 2023	[3],[19]
Principal	[3],[19]	$ 854,898
Cost		849,211	[3],[19]	$ (2,003)	[6],[20],[24]
Fair Value	[3],[19]	$ 854,898
% of Total Cash and Investments	[3],[19]	0.05%				0.05%
Debt Investments | IT Services | LIBOR | Xactly Corporation | Sr Secured Revolver | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor		1%	[3],[19]	1%	[6],[20],[24]	1%	[3],[19]
Debt Investments | IT Services | SOFR | Avalara, Inc. | First Lien Term Loan
Schedule Of Investments [Line Items]
Spread	[3],[19]	7.25%				7.25%
Total Coupon	[3],[19]	11.83%				11.83%
Maturity	[3],[19]	Oct. 19, 2028				Oct. 19, 2028
Principal	[3],[19]	$ 450,000
Cost	[3],[19]	438,988
Fair Value	[3],[19]	$ 436,500
% of Total Cash and Investments	[3],[19]	0.03%				0.03%
Debt Investments | IT Services | SOFR | Avalara, Inc. | First Lien Term Loan | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[3],[19]	0.75%				0.75%
Debt Investments | IT Services | SOFR | Avalara, Inc. | Sr Secured Revolver
Schedule Of Investments [Line Items]
Spread	[19],[27]	7.25%				7.25%
Total Coupon	[19],[27]	11.83%				11.83%
Maturity	[19],[27]	Oct. 19, 2028				Oct. 19, 2028
Principal	[19],[27]	$ 0
Cost	[19],[27]	(1,089)
Fair Value	[19],[27]	$ (1,350)
% of Total Cash and Investments	[19],[27]	0%				0%
Debt Investments | IT Services | SOFR | Avalara, Inc. | Sr Secured Revolver | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[19],[27]	0.75%				0.75%
Debt Investments | IT Services | SOFR | Madison Logic Holdings, Inc. | First Lien Term Loan
Schedule Of Investments [Line Items]
Spread	[3],[19]	7%				7%
Total Coupon	[3],[19]	11.58%				11.58%
Maturity	[3],[19]	Dec. 29, 2028				Dec. 29, 2028
Principal	[3],[19]	$ 14,908,635
Cost	[3],[19]	14,461,662
Fair Value	[3],[19]	$ 14,461,376
% of Total Cash and Investments	[3],[19]	0.85%				0.85%
Debt Investments | IT Services | SOFR | Madison Logic Holdings, Inc. | First Lien Term Loan | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[3],[19]	1%				1%
Debt Investments | IT Services | SOFR | Madison Logic Holdings, Inc. | Sr Secured Revolver
Schedule Of Investments [Line Items]
Spread	[3],[19],[27]	7%				7%
Total Coupon	[3],[19],[27]	11.58%				11.58%
Maturity	[3],[19],[27]	Dec. 30, 2027				Dec. 30, 2027
Principal	[3],[19],[27]	$ 0
Cost	[3],[19],[27]	(32,098)
Fair Value	[3],[19],[27]	$ (32,098)
% of Total Cash and Investments	[3],[19],[27]	0%				0%
Debt Investments | IT Services | SOFR | Madison Logic Holdings, Inc. | Sr Secured Revolver | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[3],[19],[27]	1%				1%
Debt Investments | Leisure Products
Schedule Of Investments [Line Items]
Cost		$ 2,069,461	[19]	$ 1,858,603	[20]
Fair Value		$ 2,017,910	[19]	$ 1,817,481	[20]
% of Total Cash and Investments		0.12%	[19]	0.10%	[20]	0.12%	[19]
Debt Investments | Leisure Products | LIBOR | Blue Star Sports Holdings, Inc. | First Lien Delayed Draw Term Loan
Schedule Of Investments [Line Items]
Spread PIK		3.50%	[3],[19]	3.50%	[6],[20]	3.50%	[3],[19]
Spread Cash		5.75%	[3],[19]	5.75%	[6],[20]	5.75%	[3],[19]
Total Coupon		13.16%	[3],[19]	10.25%	[6],[20]	13.16%	[3],[19]
Maturity		Jun. 15, 2024	[3],[19]	Jun. 15, 2024	[6],[20]	Jun. 15, 2024	[3],[19]
Principal		$ 64,693	[3],[19]	$ 60,713	[6],[20]
Cost		64,403	[3],[19]	60,198	[6],[20]
Fair Value		$ 62,623	[3],[19]	$ 58,868	[6],[20]
% of Total Cash and Investments	[3],[19]	0%				0%
Debt Investments | Leisure Products | LIBOR | Blue Star Sports Holdings, Inc. | First Lien Delayed Draw Term Loan | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor		1%	[3],[19]	1%	[6],[20]	1%	[3],[19]
Debt Investments | Leisure Products | LIBOR | Blue Star Sports Holdings, Inc. | First Lien Term Loan
Schedule Of Investments [Line Items]
Spread PIK		3.50%	[3],[19]	3.50%	[6],[20]	3.50%	[3],[19]
Spread Cash		5.75%	[3],[19]	5.75%	[6],[20]	5.75%	[3],[19]
Total Coupon		13.66%	[3],[19]	10.25%	[6],[20]	13.66%	[3],[19]
Maturity		Jun. 15, 2024	[3],[19]	Jun. 15, 2024	[6],[20]	Jun. 15, 2024	[3],[19]
Principal		$ 1,788,770	[3],[19]	$ 1,692,259	[6],[20]
Cost		1,779,707	[3],[19]	1,677,866	[6],[20]
Fair Value		$ 1,731,530	[3],[19]	$ 1,640,814	[6],[20]
% of Total Cash and Investments		0.10%	[3],[19]	0.09%	[6],[20]	0.10%	[3],[19]
Debt Investments | Leisure Products | LIBOR | Blue Star Sports Holdings, Inc. | First Lien Term Loan | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor		1%	[3],[19]	1%	[6],[20]	1%	[3],[19]
Debt Investments | Leisure Products | LIBOR | Blue Star Sports Holdings, Inc. | Sr Secured Revolver
Schedule Of Investments [Line Items]
Spread PIK	[3],[19]	3.50%				3.50%
Spread Cash	[3],[19]	5.75%				5.75%
Total Coupon	[3],[19]	13.66%				13.66%
Maturity	[3],[19]	Jun. 15, 2024				Jun. 15, 2024
Principal	[3],[19]	$ 129,778
Cost	[3],[19]	129,213
Fair Value	[3],[19]	$ 125,625
% of Total Cash and Investments	[3],[19]	0.01%				0.01%
Debt Investments | Leisure Products | LIBOR | Blue Star Sports Holdings, Inc. | Sr Secured Revolver | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[3],[19]	1%				1%
Debt Investments | Leisure Products | LIBOR | Blue Star Sports Holdings, Inc. | First Lien Revolver
Schedule Of Investments [Line Items]
Spread PIK	[6],[20]			3.50%
Spread Cash	[6],[20]			5.75%
Total Coupon	[6],[20]			10.25%
Maturity	[6],[20]			Jun. 15, 2024
Principal	[6],[20]			$ 121,493
Cost	[6],[20]			120,539
Fair Value	[6],[20]			$ 117,799
% of Total Cash and Investments	[6],[20]			0.01%
Debt Investments | Leisure Products | LIBOR | Blue Star Sports Holdings, Inc. | First Lien Revolver | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[6],[20]			1%
Debt Investments | Leisure Products | SOFR | Peloton Interactive, Inc. | First Lien Term Loan
Schedule Of Investments [Line Items]
Spread	[19],[29]	7%				7%
Total Coupon	[19],[29]	11.76%				11.76%
Maturity	[19],[29]	May 25, 2027				May 25, 2027
Principal	[19],[29]	$ 99,500
Cost	[19],[29]	96,138
Fair Value	[19],[29]	$ 98,132
% of Total Cash and Investments	[19],[29]	0.01%				0.01%
Debt Investments | Leisure Products | SOFR | Peloton Interactive, Inc. | First Lien Term Loan | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[19],[29]	0.50%				0.50%
Debt Investments | Machinery
Schedule Of Investments [Line Items]
Cost		$ 19,815,300	[19]	$ 13,630,269	[20]
Fair Value		$ 20,145,801	[19]	$ 14,149,813	[20]
% of Total Cash and Investments		1.19%	[19]	0.76%	[20]	1.19%	[19]
Debt Investments | Machinery | LIBOR | Sonny's Enterprises, LLC | First Lien Delayed Draw Term Loan
Schedule Of Investments [Line Items]
Spread	[6],[20]			6.75%
Total Coupon	[6],[20]			7.75%
Maturity	[6],[20]			Aug. 05, 2026
Principal	[6],[20]			$ 10,118,728
Cost	[6],[20]			9,944,113
Fair Value	[6],[20]			$ 10,321,103
% of Total Cash and Investments	[6],[20]			0.55%
Debt Investments | Machinery | LIBOR | Sonny's Enterprises, LLC | First Lien Delayed Draw Term Loan | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[6],[20]			1%
Debt Investments | Machinery | LIBOR | Sonny's Enterprises, LLC | First Lien Term Loan
Schedule Of Investments [Line Items]
Spread	[6],[20]			6.75%
Total Coupon	[6],[20]			7.75%
Maturity	[6],[20]			Aug. 05, 2026
Principal	[6],[20]			$ 3,753,638
Cost	[6],[20]			3,686,156
Fair Value	[6],[20]			$ 3,828,710
% of Total Cash and Investments	[6],[20]			0.21%
Debt Investments | Machinery | LIBOR | Sonny's Enterprises, LLC | First Lien Term Loan | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[6],[20]			1%
Debt Investments | Machinery | SOFR | Sonny's Enterprises, LLC | First Lien Delayed Draw Term Loan
Schedule Of Investments [Line Items]
Spread	[3],[19]	6.75%				6.75%
Total Coupon	[3],[19]	10.99%				10.99%
Maturity	[3],[19]	Aug. 05, 2026				Aug. 05, 2026
Principal	[3],[19]	$ 10,016,732
Cost	[3],[19]	9,875,324
Fair Value	[3],[19]	$ 10,116,899
% of Total Cash and Investments	[3],[19]	0.60%				0.60%
Debt Investments | Machinery | SOFR | Sonny's Enterprises, LLC | First Lien Delayed Draw Term Loan | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[3],[19]	1%				1%
Debt Investments | Machinery | SOFR | Sonny's Enterprises, LLC | First Lien Term Loan
Schedule Of Investments [Line Items]
Spread	[3],[19]	6.75%				6.75%
Total Coupon	[3],[19]	10.99%				10.99%
Maturity	[3],[19]	Aug. 05, 2026				Aug. 05, 2026
Principal	[3],[19]	$ 3,715,700
Cost	[3],[19]	3,662,754
Fair Value	[3],[19]	$ 3,752,857
% of Total Cash and Investments	[3],[19]	0.22%				0.22%
Debt Investments | Machinery | SOFR | Sonny's Enterprises, LLC | First Lien Term Loan | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[3],[19]	1%				1%
Debt Investments | Machinery | SOFR | Alcami Corporation | First Lien Delayed Draw Term Loan
Schedule Of Investments [Line Items]
Spread	[3],[19],[27]	7%				7%
Total Coupon	[3],[19],[27]	11.42%				11.42%
Maturity	[3],[19],[27]	Dec. 21, 2028				Dec. 21, 2028
Principal	[3],[19],[27]	$ 0
Cost	[3],[19],[27]	(19,027)
Fair Value	[3],[19],[27]	$ (19,119)
% of Total Cash and Investments	[3],[19],[27]	0%				0%
Debt Investments | Machinery | SOFR | Alcami Corporation | First Lien Delayed Draw Term Loan | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[3],[19],[27]	1%				1%
Debt Investments | Machinery | SOFR | Alcami Corporation | First Lien Term Loan
Schedule Of Investments [Line Items]
Spread	[3],[19]	7%				7%
Total Coupon	[3],[19]	11.42%				11.42%
Maturity	[3],[19]	Dec. 21, 2028				Dec. 21, 2028
Principal	[3],[19]	$ 6,555,187
Cost	[3],[19]	6,326,692
Fair Value	[3],[19]	$ 6,325,755
% of Total Cash and Investments	[3],[19]	0.37%				0.37%
Debt Investments | Machinery | SOFR | Alcami Corporation | First Lien Term Loan | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[3],[19]	1%				1%
Debt Investments | Machinery | SOFR | Alcami Corporation | Sr Secured Revolver
Schedule Of Investments [Line Items]
Spread	[3],[19],[27]	7%				7%
Total Coupon	[3],[19],[27]	11.42%				11.42%
Maturity	[3],[19],[27]	Dec. 21, 2028				Dec. 21, 2028
Principal	[3],[19],[27]	$ 0
Cost	[3],[19],[27]	(30,443)
Fair Value	[3],[19],[27]	$ (30,591)
% of Total Cash and Investments	[3],[19],[27]	0%				0%
Debt Investments | Machinery | SOFR | Alcami Corporation | Sr Secured Revolver | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[3],[19],[27]	1%				1%
Debt Investments | Media
Schedule Of Investments [Line Items]
Cost		$ 65,840,362	[19]	$ 55,270,557	[20]
Fair Value		$ 61,207,307	[19]	$ 55,699,128	[20]
% of Total Cash and Investments		3.62%	[19]	2.99%	[20]	3.62%	[19]
Debt Investments | Media | LIBOR | Khoros, LLC (Lithium) | First Lien Term Loan
Schedule Of Investments [Line Items]
Spread	[6],[20]			8%
Total Coupon	[6],[20]			9%
Maturity	[6],[20]			Oct. 03, 2022
Principal	[6],[20]			$ 28,016,636
Cost	[6],[20]			27,898,219
Fair Value	[6],[20]			$ 28,016,636
% of Total Cash and Investments	[6],[20]			1.49%
Debt Investments | Media | LIBOR | Khoros, LLC (Lithium) | First Lien Term Loan | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[6],[20]			1%
Debt Investments | Media | LIBOR | Khoros, LLC (Lithium) | Sr Secured Revolver
Schedule Of Investments [Line Items]
Spread	[6],[20]			8%
Total Coupon	[6],[20]			9%
Maturity	[6],[20]			Oct. 03, 2022
Principal	[6],[20]			$ 661,122
Cost	[6],[20]			653,776
Fair Value	[6],[20]			$ 661,122
% of Total Cash and Investments	[6],[20]			0.04%
Debt Investments | Media | LIBOR | Khoros, LLC (Lithium) | Sr Secured Revolver | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[6],[20]			1%
Debt Investments | Media | LIBOR | NEP II, Inc. | Second Lien Term Loan
Schedule Of Investments [Line Items]
Spread		7%	[19],[21]	7%	[20],[22]	7%	[19],[21]
Total Coupon		11.38%	[19],[21]	7.10%	[20],[22]	11.38%	[19],[21]
Maturity		Oct. 19, 2026	[19],[21]	Oct. 19, 2026	[20],[22]	Oct. 19, 2026	[19],[21]
Principal		$ 14,500,000	[19],[21]	$ 14,500,000	[20],[22]
Cost		14,104,319	[19],[21]	14,025,336	[20],[22]
Fair Value		$ 10,856,875	[19],[21]	$ 14,253,500	[20],[22]
% of Total Cash and Investments		0.64%	[19],[21]	0.77%	[20],[22]	0.64%	[19],[21]
Debt Investments | Media | LIBOR | NEP II, Inc. | Second Lien Term Loan | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[19],[21]	0%				0%
Debt Investments | Media | SOFR | Khoros, LLC (Lithium) | First Lien Term Loan
Schedule Of Investments [Line Items]
Spread	[3],[19]	8%				8%
Total Coupon	[3],[19]	12.06%				12.06%
Maturity	[3],[19]	Jan. 03, 2024				Jan. 03, 2024
Principal	[3],[19]	$ 28,016,636
Cost	[3],[19]	27,815,415
Fair Value	[3],[19]	$ 27,624,404
% of Total Cash and Investments	[3],[19]	1.63%				1.63%
Debt Investments | Media | SOFR | Khoros, LLC (Lithium) | First Lien Term Loan | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[3],[19]	1%				1%
Debt Investments | Media | SOFR | Khoros, LLC (Lithium) | Sr Secured Revolver
Schedule Of Investments [Line Items]
Spread	[3],[19]	8%				8%
Total Coupon	[3],[19]	10.53%				10.53%
Maturity	[3],[19]	Jan. 03, 2024				Jan. 03, 2024
Principal	[3],[19]	$ 661,121
Cost	[3],[19]	648,192
Fair Value	[3],[19]	$ 637,982
% of Total Cash and Investments	[3],[19]	0.04%				0.04%
Debt Investments | Media | SOFR | Khoros, LLC (Lithium) | Sr Secured Revolver | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[3],[19]	1%				1%
Debt Investments | Media | SOFR | Streamland Media Midco LLC | First Lien Delayed Draw Term Loan
Schedule Of Investments [Line Items]
Spread	[3],[19],[27]	6.75%				6.75%
Total Coupon	[3],[19],[27]	11.11%				11.11%
Maturity	[3],[19],[27]	Aug. 31, 2023				Aug. 31, 2023
Principal	[3],[19],[27]	$ 0
Cost	[3],[19],[27]	(1,460)
Fair Value	[3],[19],[27]	$ (5,520)
% of Total Cash and Investments	[3],[19],[27]	0%				0%
Debt Investments | Media | SOFR | Streamland Media Midco LLC | First Lien Delayed Draw Term Loan | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[3],[19],[27]	1%				1%
Debt Investments | Media | SOFR | Streamland Media Midco LLC | First Lien Term Loan
Schedule Of Investments [Line Items]
Spread	[3],[19]	6.75%				6.75%
Total Coupon	[3],[19]	11.11%				11.11%
Maturity	[3],[19]	Aug. 31, 2023				Aug. 31, 2023
Principal	[3],[19]	$ 379,050
Cost	[3],[19]	374,456
Fair Value	[3],[19]	$ 361,614
% of Total Cash and Investments	[3],[19]	0.02%				0.02%
Debt Investments | Media | SOFR | Streamland Media Midco LLC | First Lien Term Loan | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[3],[19]	1%				1%
Debt Investments | Media | SOFR | Terraboost Media Operating Company, LLC | First Lien Term Loan
Schedule Of Investments [Line Items]
Spread	[3],[19]	6.50%				6.50%
Total Coupon	[3],[19]	8.14%				8.14%
Maturity	[3],[19]	Aug. 23, 2026				Aug. 23, 2026
Principal	[3],[19]	$ 10,331,869
Cost	[3],[19]	10,157,200
Fair Value	[3],[19]	$ 9,577,643
% of Total Cash and Investments	[3],[19]	0.57%				0.57%
Debt Investments | Media | SOFR | Terraboost Media Operating Company, LLC | First Lien Term Loan | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[3],[19]	1%				1%
Debt Investments | Media | Fixed | Quora, Inc. | First Lien Term Loan
Schedule Of Investments [Line Items]
Spread	[3],[19],[26]	0%				0%
Total Coupon		10.10%	[3],[19],[26]	10.10%	[6],[20],[25]	10.10%	[3],[19],[26]
Maturity		May 01, 2024	[3],[19],[26]	May 01, 2024	[6],[20],[25]	May 01, 2024	[3],[19],[26]
Principal		$ 12,819,528	[3],[19],[26]	$ 12,819,528	[6],[20],[25]
Cost		12,742,240	[3],[19],[26]	12,693,226	[6],[20],[25]
Fair Value		$ 12,154,309	[3],[19],[26]	$ 12,767,870	[6],[20],[25]
% of Total Cash and Investments		0.72%	[3],[19],[26]	0.69%	[6],[20],[25]	0.72%	[3],[19],[26]
Debt Investments | Media | Fixed | Quora, Inc. | First Lien Term Loan | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[3],[19],[26]	0%				0%
Debt Investments | Oil, Gas and Consumable Fuels | LIBOR | Iracore International Holdings, Inc. | First Lien Term Loan
Schedule Of Investments [Line Items]
Spread		9%	[3],[13],[19]	9%	[6],[14],[20]	9%	[3],[13],[19]
Total Coupon		13.75%	[3],[13],[19]	10%	[6],[14],[20]	13.75%	[3],[13],[19]
Maturity		Apr. 12, 2024	[3],[13],[19]	Apr. 12, 2024	[6],[14],[20]	Apr. 12, 2024	[3],[13],[19]
Principal		$ 1,324,140	[3],[13],[19]	$ 1,324,140	[6],[14],[20]
Cost		1,324,140	[3],[13],[19]	1,324,140	[6],[14],[20]
Fair Value		$ 1,324,140	[3],[13],[19]	$ 1,324,140	[6],[14],[20]
% of Total Cash and Investments		0.08%	[3],[13],[19]	0.07%	[6],[14],[20]	0.08%	[3],[13],[19]
Debt Investments | Oil, Gas and Consumable Fuels | LIBOR | Iracore International Holdings, Inc. | First Lien Term Loan | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor		1%	[3],[13],[19]	1%	[6],[14],[20]	1%	[3],[13],[19]
Debt Investments | Paper and Forest Products
Schedule Of Investments [Line Items]
Cost	[19]	$ 20,010,578
Fair Value	[19]	$ 19,375,256
% of Total Cash and Investments	[19]	1.15%				1.15%
Debt Investments | Paper and Forest Products | SOFR | Alpine Acquisition Corp II (48Forty) | First Lien Delayed Draw Term Loan
Schedule Of Investments [Line Items]
Spread	[3],[19]	5.50%				5.50%
Total Coupon	[3],[19]	9.76%				9.76%
Maturity	[3],[19]	Nov. 30, 2026				Nov. 30, 2026
Principal	[3],[19]	$ 178,802
Cost	[3],[19]	174,001
Fair Value	[3],[19]	$ 170,202
% of Total Cash and Investments	[3],[19]	0.01%				0.01%
Debt Investments | Paper and Forest Products | SOFR | Alpine Acquisition Corp II (48Forty) | First Lien Delayed Draw Term Loan | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[3],[19]	1%				1%
Debt Investments | Paper and Forest Products | SOFR | Alpine Acquisition Corp II (48Forty) | First Lien Term Loan
Schedule Of Investments [Line Items]
Spread	[3],[19]	5.50%				5.50%
Total Coupon	[3],[19]	9.76%				9.76%
Maturity	[3],[19]	Nov. 30, 2026				Nov. 30, 2026
Principal	[3],[19]	$ 20,184,544
Cost	[3],[19]	19,841,042
Fair Value	[3],[19]	$ 19,213,667
% of Total Cash and Investments	[3],[19]	1.14%				1.14%
Debt Investments | Paper and Forest Products | SOFR | Alpine Acquisition Corp II (48Forty) | First Lien Term Loan | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[3],[19]	1%				1%
Debt Investments | Paper and Forest Products | SOFR | Alpine Acquisition Corp II (48Forty) | Sr Secured Revolver
Schedule Of Investments [Line Items]
Spread	[3],[19],[27]	5.50%				5.50%
Total Coupon	[3],[19],[27]	9.76%				9.76%
Maturity	[3],[19],[27]	Nov. 30, 2026				Nov. 30, 2026
Principal	[3],[19],[27]	$ 0
Cost	[3],[19],[27]	(4,465)
Fair Value	[3],[19],[27]	$ (8,613)
% of Total Cash and Investments	[3],[19],[27]	0%				0%
Debt Investments | Paper and Forest Products | SOFR | Alpine Acquisition Corp II (48Forty) | Sr Secured Revolver | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[3],[19],[27]	1%				1%
Debt Investments | Professional Services
Schedule Of Investments [Line Items]
Cost	[19]	$ 124,421,622
Fair Value	[19]	$ 119,634,565
% of Total Cash and Investments	[19]	7.07%				7.07%
Debt Investments | Professional Services | LIBOR
Schedule Of Investments [Line Items]
Cost				$ 136,335,209
Fair Value				$ 135,420,873
% of Total Cash and Investments				7.28%
Debt Investments | Professional Services | LIBOR | Applause App Quality, Inc. | First Lien Term Loan
Schedule Of Investments [Line Items]
Spread	[6],[20]			5%
Total Coupon	[6],[20]			6%
Maturity	[6],[20]			Sep. 20, 2022
Principal	[6],[20]			$ 15,478,361
Cost	[6],[20]			15,433,435
Fair Value	[6],[20]			$ 15,478,361
% of Total Cash and Investments	[6],[20]			0.83%
Debt Investments | Professional Services | LIBOR | Applause App Quality, Inc. | First Lien Term Loan | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[6],[20]			1%
Debt Investments | Professional Services | LIBOR | Applause App Quality, Inc. | Sr Secured Revolver
Schedule Of Investments [Line Items]
Spread	[6],[20],[24]			5%
Total Coupon	[6],[20],[24]			6%
Maturity	[6],[20],[24]			Sep. 20, 2022
Cost	[6],[20],[24]			$ (3,283)
Debt Investments | Professional Services | LIBOR | Applause App Quality, Inc. | Sr Secured Revolver | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[6],[20],[24]			1%
Debt Investments | Professional Services | LIBOR | CIBT Solutions, Inc. | Second Lien Term Loan
Schedule Of Investments [Line Items]
Spread PIK		6.75%	[19],[21],[23]	6.75%	[20],[22],[28]	6.75%	[19],[21],[23]
Spread Cash		1%	[19],[21],[23]	1%	[20],[22],[28]	1%	[19],[21],[23]
Total Coupon		8.75%	[19],[21],[23]	8.75%	[20],[22],[28]	8.75%	[19],[21],[23]
Maturity		Jun. 01, 2025	[19],[21],[23]	Jun. 01, 2025	[20],[22],[28]	Jun. 01, 2025	[19],[21],[23]
Principal		$ 8,146,376	[19],[21],[23]	$ 8,146,376	[20],[22],[28]
Cost		7,567,314	[19],[21],[23]	7,567,314	[20],[22],[28]
Fair Value		$ 4,466,903	[19],[21],[23]	$ 4,317,579	[20],[22],[28]
% of Total Cash and Investments		0.26%	[19],[21],[23]	0.23%	[20],[22],[28]	0.26%	[19],[21],[23]
Debt Investments | Professional Services | LIBOR | CIBT Solutions, Inc. | Second Lien Term Loan | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor		1%	[19],[21],[23]	1%	[20],[22],[28]	1%	[19],[21],[23]
Debt Investments | Professional Services | LIBOR | Dude Solutions Holdings, Inc. | First Lien Term Loan
Schedule Of Investments [Line Items]
Spread	[6],[18],[20]			6.25%
Total Coupon	[6],[18],[20]			7.25%
Maturity	[6],[18],[20]			Jun. 13, 2025
Principal	[6],[18],[20]			$ 25,561,223
Cost	[6],[18],[20]			25,131,561
Fair Value	[6],[18],[20]			$ 25,612,345
% of Total Cash and Investments	[6],[18],[20]			1.38%
Debt Investments | Professional Services | LIBOR | Dude Solutions Holdings, Inc. | First Lien Term Loan | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[6],[18],[20]			1%
Debt Investments | Professional Services | LIBOR | Dude Solutions Holdings, Inc. | Sr Secured Revolver
Schedule Of Investments [Line Items]
Spread	[6],[20],[24]			6.25%
Total Coupon	[6],[20],[24]			7.25%
Maturity	[6],[20],[24]			Jun. 13, 2025
Cost	[6],[20],[24]			$ (29,155)
Debt Investments | Professional Services | LIBOR | Dude Solutions Holdings, Inc. | Sr Secured Revolver | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[6],[20],[24]			1%
Debt Investments | Professional Services | LIBOR | iCIMS, Inc. | First Lien Term Loan
Schedule Of Investments [Line Items]
Spread	[6],[18],[20]			6.50%
Total Coupon	[6],[18],[20]			7.50%
Maturity	[6],[18],[20]			Sep. 12, 2024
Principal	[6],[18],[20]			$ 2,704,323
Cost	[6],[18],[20]			2,672,377
Fair Value	[6],[18],[20]			$ 2,690,532
% of Total Cash and Investments	[6],[18],[20]			0.14%
Debt Investments | Professional Services | LIBOR | iCIMS, Inc. | First Lien Term Loan | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[6],[18],[20]			1%
Debt Investments | Professional Services | LIBOR | iCIMS, Inc. | Sr Secured Revolver
Schedule Of Investments [Line Items]
Spread	[6],[18],[20]			6.50%
Total Coupon	[6],[18],[20]			7.50%
Maturity	[6],[18],[20]			Sep. 12, 2024
Principal	[6],[18],[20]			$ 121,678
Cost	[6],[18],[20]			120,552
Fair Value	[6],[18],[20]			$ 121,058
% of Total Cash and Investments	[6],[18],[20]			0.01%
Debt Investments | Professional Services | LIBOR | iCIMS, Inc. | Sr Secured Revolver | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[6],[18],[20]			1%
Debt Investments | Professional Services | LIBOR | GI Consilio Parent, LLC | Second Lien Term Loan
Schedule Of Investments [Line Items]
Spread		7.50%	[3],[19]	7.50%	[6],[18],[20]	7.50%	[3],[19]
Total Coupon		11.88%	[3],[19]	8%	[6],[18],[20]	11.88%	[3],[19]
Maturity		May 14, 2029	[3],[19]	May 14, 2029	[6],[18],[20]	May 14, 2029	[3],[19]
Principal		$ 10,000,000	[3],[19]	$ 10,000,000	[6],[18],[20]
Cost		9,919,358	[3],[19]	9,905,827	[6],[18],[20]
Fair Value		$ 9,590,000	[3],[19]	$ 10,100,000	[6],[18],[20]
% of Total Cash and Investments		0.57%	[3],[19]	0.54%	[6],[18],[20]	0.57%	[3],[19]
Debt Investments | Professional Services | LIBOR | GI Consilio Parent, LLC | Second Lien Term Loan | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor		0.50%	[3],[19]	0.50%	[6],[18],[20]	0.50%	[3],[19]
Debt Investments | Professional Services | LIBOR | Joband Talent USA, Inc. (United Kingdom) | First Lien Delayed Draw Term Loan
Schedule Of Investments [Line Items]
Spread	[6],[12],[20]			8.75%
Total Coupon	[6],[12],[20]			9.75%
Maturity	[6],[12],[20]			Feb. 17, 2025
Principal	[6],[12],[20]			$ 18,590,586
Cost	[6],[12],[20]			18,272,869
Fair Value	[6],[12],[20]			$ 18,776,492
% of Total Cash and Investments	[6],[12],[20]			1.01%
Debt Investments | Professional Services | LIBOR | Joband Talent USA, Inc. (United Kingdom) | First Lien Delayed Draw Term Loan | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[6],[12],[20]			1%
Debt Investments | Professional Services | LIBOR | Joband Talent USA, Inc. (United Kingdom) | First Lien Term Loan
Schedule Of Investments [Line Items]
Spread	[6],[12],[20]			8.75%
Total Coupon	[6],[12],[20]			9.75%
Maturity	[6],[12],[20]			Feb. 17, 2025
Principal	[6],[12],[20]			$ 26,409,413
Cost	[6],[12],[20]			25,958,500
Fair Value	[6],[12],[20]			$ 26,673,506
% of Total Cash and Investments	[6],[12],[20]			1.43%
Debt Investments | Professional Services | LIBOR | Joband Talent USA, Inc. (United Kingdom) | First Lien Term Loan | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[6],[12],[20]			1%
Debt Investments | Professional Services | LIBOR | RigUp, Inc. | First Lien Delayed Draw Term Loan
Schedule Of Investments [Line Items]
Spread		7%	[3],[19],[26]	7%	[6],[18],[20]	7%	[3],[19],[26]
Total Coupon		11.81%	[3],[19],[26]	8.50%	[6],[18],[20]	11.81%	[3],[19],[26]
Maturity		Mar. 01, 2024	[3],[19],[26]	Mar. 01, 2024	[6],[18],[20]	Mar. 01, 2024	[3],[19],[26]
Principal		$ 29,000,000	[3],[19],[26]	$ 29,000,000	[6],[18],[20]
Cost		28,800,422	[3],[19],[26]	28,655,522	[6],[18],[20]
Fair Value		$ 28,565,000	[3],[19],[26]	$ 28,971,000	[6],[18],[20]
% of Total Cash and Investments		1.69%	[3],[19],[26]	1.57%	[6],[18],[20]	1.69%	[3],[19],[26]
Debt Investments | Professional Services | LIBOR | RigUp, Inc. | First Lien Delayed Draw Term Loan | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor		1.50%	[3],[19],[26]	1.50%	[6],[18],[20]	1.50%	[3],[19],[26]
Debt Investments | Professional Services | LIBOR | VT TopCo, Inc. (Veritext) | Second Lien Term Loan
Schedule Of Investments [Line Items]
Spread		6.75%	[3],[19]	6.75%	[6],[20]	6.75%	[3],[19]
Total Coupon		11.13%	[3],[19]	7.50%	[6],[20]	11.13%	[3],[19]
Maturity		Aug. 04, 2026	[3],[19]	Aug. 17, 2026	[6],[20]	Aug. 04, 2026	[3],[19]
Principal		$ 2,666,667	[3],[19]	$ 2,666,667	[6],[20]
Cost		2,653,075	[3],[19]	2,649,690	[6],[20]
Fair Value		$ 2,560,000	[3],[19]	$ 2,680,000	[6],[20]
% of Total Cash and Investments		0.15%	[3],[19]	0.14%	[6],[20]	0.15%	[3],[19]
Debt Investments | Professional Services | LIBOR | VT TopCo, Inc. (Veritext) | Second Lien Term Loan | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor		0.75%	[3],[19]	0.75%	[6],[20]	0.75%	[3],[19]
Debt Investments | Professional Services | SOFR | Applause App Quality, Inc. | First Lien Term Loan
Schedule Of Investments [Line Items]
Spread	[3],[19]	5%				5%
Total Coupon	[3],[19]	8.26%				8.26%
Maturity	[3],[19]	Sep. 20, 2025				Sep. 20, 2025
Principal	[3],[19]	$ 15,283,420
Cost	[3],[19]	15,259,441
Fair Value	[3],[19]	$ 15,283,420
% of Total Cash and Investments	[3],[19]	0.90%				0.90%
Debt Investments | Professional Services | SOFR | Applause App Quality, Inc. | First Lien Term Loan | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[3],[19]	1%				1%
Debt Investments | Professional Services | SOFR | Applause App Quality, Inc. | Sr Secured Revolver
Schedule Of Investments [Line Items]
Spread	[3],[19],[27]	5%				5%
Total Coupon	[3],[19],[27]	8.26%				8.26%
Maturity	[3],[19],[27]	Sep. 30, 2025				Sep. 30, 2025
Principal	[3],[19],[27]	$ 0
Cost	[3],[19],[27]	(7,753)
Fair Value	[3],[19],[27]	$ 0
% of Total Cash and Investments	[3],[19],[27]	0%				0%
Debt Investments | Professional Services | SOFR | Applause App Quality, Inc. | Sr Secured Revolver | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[3],[19],[27]	1%				1%
Debt Investments | Professional Services | SOFR | iCIMS, Inc. | First Lien Delayed Draw Term Loan
Schedule Of Investments [Line Items]
Spread PIK	[3],[19],[27]	3.88%				3.88%
Spread Cash	[3],[19],[27]	3.38%				3.38%
Total Coupon	[3],[19],[27]	11.52%				11.52%
Maturity	[3],[19],[27]	Aug. 18, 2028				Aug. 18, 2028
Principal	[3],[19],[27]	$ 0
Cost	[3],[19],[27]	(18,180)
Fair Value	[3],[19],[27]	$ (41,945)
% of Total Cash and Investments	[3],[19],[27]	0%				0%
Debt Investments | Professional Services | SOFR | iCIMS, Inc. | First Lien Delayed Draw Term Loan | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[3],[19],[27]	0.75%				0.75%
Debt Investments | Professional Services | SOFR | iCIMS, Inc. | First Lien Term Loan
Schedule Of Investments [Line Items]
Spread PIK	[3],[19]	3.88%				3.88%
Spread Cash	[3],[19]	3.38%				3.38%
Total Coupon	[3],[19]	11.52%				11.52%
Maturity	[3],[19]	Aug. 18, 2028				Aug. 18, 2028
Principal	[3],[19]	$ 4,166,667
Cost	[3],[19]	4,096,289
Fair Value	[3],[19]	$ 4,008,750
% of Total Cash and Investments	[3],[19]	0.24%				0.24%
Debt Investments | Professional Services | SOFR | iCIMS, Inc. | First Lien Term Loan | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[3],[19]	0.75%				0.75%
Debt Investments | Professional Services | SOFR | iCIMS, Inc. | Sr Secured Revolver
Schedule Of Investments [Line Items]
Spread	[3],[19],[27]	6.75%				6.75%
Total Coupon	[3],[19],[27]	11.02%				11.02%
Maturity	[3],[19],[27]	Aug. 18, 2028				Aug. 18, 2028
Principal	[3],[19],[27]	$ 0
Cost	[3],[19],[27]	(6,520)
Fair Value	[3],[19],[27]	$ (15,040)
% of Total Cash and Investments	[3],[19],[27]	0%				0%
Debt Investments | Professional Services | SOFR | iCIMS, Inc. | Sr Secured Revolver | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[3],[19],[27]	0.75%				0.75%
Debt Investments | Professional Services | SOFR | iCIMS, Inc. | First Lien Incremental Term Loan
Schedule Of Investments [Line Items]
Spread	[3],[19]	7.25%				7.25%
Total Coupon	[3],[19]	11.52%				11.52%
Maturity	[3],[19]	Aug. 18, 2028				Aug. 18, 2028
Principal	[3],[19]	$ 4,449,002
Cost	[3],[19]	4,373,036
Fair Value	[3],[19]	$ 4,372,479
% of Total Cash and Investments	[3],[19]	0.26%				0.26%
Debt Investments | Professional Services | SOFR | iCIMS, Inc. | First Lien Incremental Term Loan | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[3],[19]	0.75%				0.75%
Debt Investments | Professional Services | SOFR | DTI Holdco, Inc. (Epiq Systems, Inc.) | Second Lien Term Loan
Schedule Of Investments [Line Items]
Spread	[19]	7.75%				7.75%
Total Coupon	[19]	11.84%				11.84%
Maturity	[19]	Apr. 26, 2030				Apr. 26, 2030
Principal	[19]	$ 7,500,000
Cost	[19]	7,359,282
Fair Value	[19]	$ 6,924,998
% of Total Cash and Investments	[19]	0.41%				0.41%
Debt Investments | Professional Services | SOFR | DTI Holdco, Inc. (Epiq Systems, Inc.) | Second Lien Term Loan | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[19]	0.75%				0.75%
Debt Investments | Professional Services | SOFR | JobandTalent USA, Inc. (United Kingdom) | First Lien Delayed Draw Term Loan
Schedule Of Investments [Line Items]
Spread	[3],[10],[19],[26]	8.75%				8.75%
Total Coupon	[3],[10],[19],[26]	13.19%				13.19%
Maturity	[3],[10],[19],[26]	Feb. 17, 2025				Feb. 17, 2025
Principal	[3],[10],[19],[26]	$ 18,590,586
Cost	[3],[10],[19],[26]	18,362,455
Fair Value	[3],[10],[19],[26]	$ 18,144,413
% of Total Cash and Investments	[3],[10],[19],[26]	1.07%				1.07%
Debt Investments | Professional Services | SOFR | JobandTalent USA, Inc. (United Kingdom) | First Lien Delayed Draw Term Loan | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[3],[10],[19],[26]	1%				1%
Debt Investments | Professional Services | SOFR | JobandTalent USA, Inc. (United Kingdom) | First Lien Term Loan
Schedule Of Investments [Line Items]
Spread	[3],[10],[19],[26]	8.75%				8.75%
Total Coupon	[3],[10],[19],[26]	13.19%				13.19%
Maturity	[3],[10],[19],[26]	Feb. 17, 2025				Feb. 17, 2025
Principal	[3],[10],[19],[26]	$ 26,409,413
Cost	[3],[10],[19],[26]	26,063,403
Fair Value	[3],[10],[19],[26]	$ 25,775,587
% of Total Cash and Investments	[3],[10],[19],[26]	1.52%				1.52%
Debt Investments | Professional Services | SOFR | JobandTalent USA, Inc. (United Kingdom) | First Lien Term Loan | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[3],[10],[19],[26]	1%				1%
Debt Investments | Real Estate Management and Development
Schedule Of Investments [Line Items]
Cost	[19]	$ 12,500,256
Fair Value	[19]	$ 12,432,485
% of Total Cash and Investments	[19]	0.73%				0.73%
Debt Investments | Real Estate Management and Development | LIBOR | Greystone Affordable Housing Initiatives, LLC | First Lien Delayed Draw Term Loan
Schedule Of Investments [Line Items]
Spread		6%	[3],[17],[19]	6%	[6],[12],[20]	6%	[3],[17],[19]
Total Coupon		9.05%	[3],[17],[19]	7.25%	[6],[12],[20]	9.05%	[3],[17],[19]
Maturity		Mar. 02, 2026	[3],[17],[19]	Mar. 02, 2026	[6],[12],[20]	Mar. 02, 2026	[3],[17],[19]
Principal		$ 4,666,667	[3],[17],[19]	$ 4,666,667	[6],[12],[20]
Cost		4,666,667	[3],[17],[19]	4,666,667	[6],[12],[20]
Fair Value		$ 4,610,667	[3],[17],[19]	$ 4,666,667	[6],[12],[20]
% of Total Cash and Investments		0.27%	[3],[17],[19]	0.25%	[6],[12],[20]	0.27%	[3],[17],[19]
Debt Investments | Real Estate Management and Development | LIBOR | Greystone Affordable Housing Initiatives, LLC | First Lien Delayed Draw Term Loan | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor		1.25%	[3],[17],[19]	1.25%	[6],[12],[20]	1.25%	[3],[17],[19]
Debt Investments | Real Estate Management and Development | SOFR | Greystone Select Company II, LLC (Passco) | First Lien Term Loan
Schedule Of Investments [Line Items]
Spread	[3],[19]	6.50%				6.50%
Total Coupon	[3],[19]	10.94%				10.94%
Maturity	[3],[19]	Mar. 21, 2027				Mar. 21, 2027
Principal	[3],[19]	$ 8,181,818
Cost	[3],[19]	8,033,414
Fair Value	[3],[19]	$ 8,034,545
% of Total Cash and Investments	[3],[19]	0.47%				0.47%
Debt Investments | Real Estate Management and Development | SOFR | Greystone Select Company II, LLC (Passco) | First Lien Term Loan | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[3],[19]	1.50%				1.50%
Debt Investments | Real Estate Management and Development | SOFR | Greystone Select Company II, LLC (Passco) | First Lien Delayed Draw Term Loan
Schedule Of Investments [Line Items]
Spread	[3],[19],[27]	6.50%				6.50%
Total Coupon	[3],[19],[27]	10.94%				10.94%
Maturity	[3],[19],[27]	Mar. 21, 2027				Mar. 21, 2027
Principal	[3],[19],[27]	$ 0
Cost	[3],[19],[27]	(199,825)
Fair Value	[3],[19],[27]	$ (212,727)
% of Total Cash and Investments	[3],[19],[27]	(0.01%)				(0.01%)
Debt Investments | Real Estate Management and Development | SOFR | Greystone Select Company II, LLC (Passco) | First Lien Delayed Draw Term Loan | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[3],[19],[27]	1.50%				1.50%
Debt Investments | Road and Rail
Schedule Of Investments [Line Items]
Cost	[19]	$ 39,597,548
Fair Value	[19]	$ 39,720,000
% of Total Cash and Investments	[19]	2.35%				2.35%
Debt Investments | Road and Rail | LIBOR | Keep Truckin, Inc | First Lien Term Loan
Schedule Of Investments [Line Items]
Spread	[6],[20]			7.25%
Total Coupon	[6],[20]			8.25%
Maturity	[6],[20]			Apr. 08, 2025
Principal	[6],[20]			$ 40,000,000
Cost	[6],[20]			39,457,337
Fair Value	[6],[20]			$ 40,000,000
% of Total Cash and Investments	[6],[20]			2.15%
Debt Investments | Road and Rail | LIBOR | Keep Truckin, Inc | First Lien Term Loan | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[6],[20]			1%
Debt Investments | Road and Rail | SOFR | Motive Technologies, Inc. (fka Keep Truckin, Inc.) | First Lien Term Loan
Schedule Of Investments [Line Items]
Spread	[3],[19]	7.25%				7.25%
Total Coupon	[3],[19]	11.03%				11.03%
Maturity	[3],[19]	Apr. 08, 2025				Apr. 08, 2025
Principal	[3],[19]	$ 29,880,937
Cost	[3],[19]	29,588,102
Fair Value	[3],[19]	$ 29,671,771
% of Total Cash and Investments	[3],[19]	1.76%				1.76%
Debt Investments | Road and Rail | SOFR | Motive Technologies, Inc. (fka Keep Truckin, Inc.) | First Lien Term Loan | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[3],[19]	1%				1%
Debt Investments | Road and Rail | SOFR | Motive Technologies, Inc. (fka Keep Truckin, Inc.) | First Lien Incremental Term Loan
Schedule Of Investments [Line Items]
Spread	[3],[19]	7.25%				7.25%
Total Coupon	[3],[19]	10.94%				10.94%
Maturity	[3],[19]	Apr. 08, 2025				Apr. 08, 2025
Principal	[3],[19]	$ 10,119,063
Cost	[3],[19]	10,009,446
Fair Value	[3],[19]	$ 10,048,229
% of Total Cash and Investments	[3],[19]	0.59%				0.59%
Debt Investments | Road and Rail | SOFR | Motive Technologies, Inc. (fka Keep Truckin, Inc.) | First Lien Incremental Term Loan | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[3],[19]	1%				1%
Debt Investments | Software
Schedule Of Investments [Line Items]
Cost		$ 185,382,312	[19]	$ 144,664,008	[20]
Fair Value		$ 183,896,780	[19]	$ 147,742,606	[20]
% of Total Cash and Investments		10.87%	[19]	7.94%	[20]	10.87%	[19]
Debt Investments | Software | Aras Corporation | First Lien Revolver
Schedule Of Investments [Line Items]
% of Total Cash and Investments	[6],[20],[24]			0%
Debt Investments | Software | LIBOR | Aerospike, Inc. | First Lien Term Loan
Schedule Of Investments [Line Items]
Spread		7.50%	[3],[19]	7.50%	[6],[20]	7.50%	[3],[19]
Total Coupon		11.88%	[3],[19]	8.50%	[6],[20]	11.88%	[3],[19]
Maturity		Dec. 29, 2025	[3],[19]	Dec. 29, 2025	[6],[20]	Dec. 29, 2025	[3],[19]
Principal		$ 6,933,486	[3],[19]	$ 6,933,486	[6],[20]
Cost		6,879,278	[3],[19]	6,864,344	[6],[20]
Fair Value		$ 6,814,230	[3],[19]	$ 6,864,151	[6],[20]
% of Total Cash and Investments		0.40%	[3],[19]	0.37%	[6],[20]	0.40%	[3],[19]
Debt Investments | Software | LIBOR | Aerospike, Inc. | First Lien Term Loan | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor		1%	[3],[19]	1%	[6],[20]	1%	[3],[19]
Debt Investments | Software | LIBOR | Aras Corporation | First Lien Delayed Draw Term Loan
Schedule Of Investments [Line Items]
Spread PIK	[6],[20]			3.75%
Spread Cash	[6],[20]			3.25%
Total Coupon	[6],[20]			8%
Maturity	[6],[20]			Apr. 13, 2027
Principal	[6],[20]			$ 1,163,110
Cost	[6],[20]			1,142,604
Fair Value	[6],[20]			$ 1,149,153
% of Total Cash and Investments	[6],[20]			0.06%
Debt Investments | Software | LIBOR | Aras Corporation | First Lien Delayed Draw Term Loan | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[6],[20]			1%
Debt Investments | Software | LIBOR | Aras Corporation | First Lien Term Loan
Schedule Of Investments [Line Items]
Spread PIK		3.75%	[3],[19]	3.75%	[6],[20]	3.75%	[3],[19]
Spread Cash		3.25%	[3],[19]	3.25%	[6],[20]	3.25%	[3],[19]
Total Coupon		10.94%	[3],[19]	8%	[6],[20]	10.94%	[3],[19]
Maturity		Apr. 13, 2027	[3],[19]	Apr. 13, 2027	[6],[20]	Apr. 13, 2027	[3],[19]
Principal		$ 12,617,624	[3],[19]	$ 11,008,636	[6],[20]
Cost		12,448,640	[3],[19]	10,806,461	[6],[20]
Fair Value		$ 12,138,154	[3],[19]	$ 10,876,532	[6],[20]
% of Total Cash and Investments		0.72%	[3],[19]	0.58%	[6],[20]	0.72%	[3],[19]
Debt Investments | Software | LIBOR | Aras Corporation | First Lien Term Loan | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor		1%	[3],[19]	1%	[6],[20]	1%	[3],[19]
Debt Investments | Software | LIBOR | Aras Corporation | Sr Secured Revolver
Schedule Of Investments [Line Items]
Spread	[3],[19]	6.50%				6.50%
Total Coupon	[3],[19]	9.50%				9.50%
Maturity	[3],[19]	Apr. 13, 2027				Apr. 13, 2027
Principal	[3],[19]	$ 290,778
Cost	[3],[19]	278,104
Fair Value	[3],[19]	$ 257,629
% of Total Cash and Investments	[3],[19]	0.02%				0.02%
Debt Investments | Software | LIBOR | Aras Corporation | Sr Secured Revolver | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[3],[19]	1%				1%
Debt Investments | Software | LIBOR | Aras Corporation | First Lien Revolver
Schedule Of Investments [Line Items]
Spread	[6],[20],[24]			6.50%
Total Coupon	[6],[20],[24]			7.50%
Maturity	[6],[20],[24]			Apr. 13, 2027
Principal	[6],[20],[24]			$ 0
Cost	[6],[20],[24]			(15,379)
Fair Value	[6],[20],[24]			$ (10,468)
Debt Investments | Software | LIBOR | Aras Corporation | First Lien Revolver | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[6],[20],[24]			1%
Debt Investments | Software | LIBOR | Backoffice Associates Holdings, LLC (Syniti) | First Lien Term Loan
Schedule Of Investments [Line Items]
Spread	[6],[20]			7.75%
Total Coupon	[6],[20]			8.75%
Maturity	[6],[20]			Apr. 30, 2026
Principal	[6],[20]			$ 13,147,733
Cost	[6],[20]			12,796,746
Fair Value	[6],[20]			$ 13,266,062
% of Total Cash and Investments	[6],[20]			0.71%
Debt Investments | Software | LIBOR | Backoffice Associates Holdings, LLC (Syniti) | First Lien Term Loan | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[6],[20]			1%
Debt Investments | Software | LIBOR | Bonterra LLC (Fka CyberGrants Holdings, LLC) | First Lien Delayed Draw Term Loan
Schedule Of Investments [Line Items]
Spread	[3],[19]	6.25%				6.25%
Total Coupon	[3],[19]	10.98%				10.98%
Maturity	[3],[19]	Sep. 08, 2027				Sep. 08, 2027
Principal	[3],[19]	$ 54,686
Cost	[3],[19]	51,425
Fair Value	[3],[19]	$ 46,158
% of Total Cash and Investments	[3],[19]	0%				0%
Debt Investments | Software | LIBOR | Bonterra LLC (Fka CyberGrants Holdings, LLC) | First Lien Delayed Draw Term Loan | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[3],[19]	0.75%				0.75%
Debt Investments | Software | LIBOR | Bonterra LLC (Fka CyberGrants Holdings, LLC) | First Lien Term Loan
Schedule Of Investments [Line Items]
Spread	[3],[19]	6.25%				6.25%
Total Coupon	[3],[19]	10.98%				10.98%
Maturity	[3],[19]	Sep. 08, 2027				Sep. 08, 2027
Principal	[3],[19]	$ 2,833,333
Cost	[3],[19]	2,798,816
Fair Value	[3],[19]	$ 2,746,350
% of Total Cash and Investments	[3],[19]	0.16%				0.16%
Debt Investments | Software | LIBOR | Bonterra LLC (Fka CyberGrants Holdings, LLC) | First Lien Term Loan | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[3],[19]	0.75%				0.75%
Debt Investments | Software | LIBOR | Bonterra LLC (Fka CyberGrants Holdings, LLC) | Sr Secured Revolver
Schedule Of Investments [Line Items]
Spread	[3],[19]	6.25%				6.25%
Total Coupon	[3],[19]	10.98%				10.98%
Maturity	[3],[19]	Sep. 08, 2027				Sep. 08, 2027
Principal	[3],[19]	$ 103,311
Cost	[3],[19]	100,015
Fair Value	[3],[19]	$ 94,783
% of Total Cash and Investments	[3],[19]	0.01%				0.01%
Debt Investments | Software | LIBOR | Bonterra LLC (Fka CyberGrants Holdings, LLC) | Sr Secured Revolver | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[3],[19]	0.75%				0.75%
Debt Investments | Software | LIBOR | Certify, Inc. | First Lien Delayed Draw Term Loan
Schedule Of Investments [Line Items]
Spread		5.50%	[3],[19]	5.75%	[6],[20]	5.50%	[3],[19]
Total Coupon		9.89%	[3],[19]	6.75%	[6],[20]	9.89%	[3],[19]
Maturity		Feb. 28, 2024	[3],[19]	Feb. 28, 2024	[6],[20]	Feb. 28, 2024	[3],[19]
Principal		$ 3,188,631	[3],[19]	$ 3,188,631	[6],[20]
Cost		3,176,216	[3],[19]	3,161,643	[6],[20]
Fair Value		$ 3,171,412	[3],[19]	$ 3,188,631	[6],[20]
% of Total Cash and Investments		0.19%	[3],[19]	0.17%	[6],[20]	0.19%	[3],[19]
Debt Investments | Software | LIBOR | Certify, Inc. | First Lien Delayed Draw Term Loan | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor		1%	[3],[19]	1%	[6],[20]	1%	[3],[19]
Debt Investments | Software | LIBOR | Certify, Inc. | First Lien Term Loan
Schedule Of Investments [Line Items]
Spread		5.50%	[3],[19]	5.75%	[6],[20]	5.50%	[3],[19]
Total Coupon		9.89%	[3],[19]	6.75%	[6],[20]	9.89%	[3],[19]
Maturity		Feb. 28, 2024	[3],[19]	Feb. 28, 2024	[6],[20]	Feb. 28, 2024	[3],[19]
Principal		$ 23,383,293	[3],[19]	$ 23,383,293	[6],[20]
Cost		23,362,751	[3],[19]	23,337,968	[6],[20]
Fair Value		$ 23,257,023	[3],[19]	$ 23,383,293	[6],[20]
% of Total Cash and Investments		1.37%	[3],[19]	1.26%	[6],[20]	1.37%	[3],[19]
Debt Investments | Software | LIBOR | Certify, Inc. | First Lien Term Loan | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor		1%	[3],[19]	1%	[6],[20]	1%	[3],[19]
Debt Investments | Software | LIBOR | Certify, Inc. | Sr Secured Revolver
Schedule Of Investments [Line Items]
Spread		5.50%	[3],[19]	5.75%	[6],[20]	5.50%	[3],[19]
Total Coupon		9.89%	[3],[19]	6.75%	[6],[20]	9.89%	[3],[19]
Maturity		Feb. 28, 2024	[3],[19]	Feb. 28, 2024	[6],[20]	Feb. 28, 2024	[3],[19]
Principal		$ 265,719	[3],[19]	$ 265,719	[6],[20]
Cost		261,918	[3],[19]	251,352	[6],[20]
Fair Value		$ 259,980	[3],[19]	$ 265,719	[6],[20]
% of Total Cash and Investments		0.02%	[3],[19]	0.01%	[6],[20]	0.02%	[3],[19]
Debt Investments | Software | LIBOR | Certify, Inc. | Sr Secured Revolver | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor		1%	[3],[19]	1%	[6],[20]	1%	[3],[19]
Debt Investments | Software | LIBOR | CyberGrants Holdings, LLC | First Lien Delayed Draw Term Loan
Schedule Of Investments [Line Items]
Spread	[6],[20],[24]			6.50%
Total Coupon	[6],[20],[24]			7.25%
Maturity	[6],[20],[24]			Sep. 08, 2027
Principal	[6],[20],[24]			$ 0
Cost	[6],[20],[24]			(3,950)
Fair Value	[6],[20],[24]			$ (2,306)
% of Total Cash and Investments	[6],[20],[24]			0%
Debt Investments | Software | LIBOR | CyberGrants Holdings, LLC | First Lien Delayed Draw Term Loan | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[6],[20],[24]			0.75%
Debt Investments | Software | LIBOR | CyberGrants Holdings, LLC | First Lien Term Loan
Schedule Of Investments [Line Items]
Spread	[6],[20]			6.50%
Total Coupon	[6],[20]			7.25%
Maturity	[6],[20]			Sep. 08, 2027
Principal	[6],[20]			$ 2,833,333
Cost	[6],[20]			2,792,694
Fair Value	[6],[20]			$ 2,809,817
% of Total Cash and Investments	[6],[20]			0.15%
Debt Investments | Software | LIBOR | CyberGrants Holdings, LLC | First Lien Term Loan | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[6],[20]			0.75%
Debt Investments | Software | LIBOR | CyberGrants Holdings, LLC | First Lien Revolver
Schedule Of Investments [Line Items]
Spread	[6],[20],[24]			6.50%
Total Coupon	[6],[20],[24]			7.25%
Maturity	[6],[20],[24]			Sep. 08, 2027
Principal	[6],[20],[24]			$ 0
Cost	[6],[20],[24]			(3,950)
Fair Value	[6],[20],[24]			$ (2,306)
% of Total Cash and Investments	[6],[20],[24]			0%
Debt Investments | Software | LIBOR | CyberGrants Holdings, LLC | First Lien Revolver | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[6],[20],[24]			0.75%
Debt Investments | Software | LIBOR | Integrate.com, Inc. (Infinity Data, Inc.) | First Lien Delayed Draw Term Loan
Schedule Of Investments [Line Items]
Spread	[6],[20],[24]			6%
Total Coupon	[6],[20],[24]			7%
Maturity	[6],[20],[24]			Dec. 17, 2027
Principal	[6],[20],[24]			$ 0
Cost	[6],[20],[24]			(13,242)
Fair Value	[6],[20],[24]			$ (13,333)
% of Total Cash and Investments	[6],[20],[24]			0%
Debt Investments | Software | LIBOR | Integrate.com, Inc. (Infinity Data, Inc.) | First Lien Delayed Draw Term Loan | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[6],[20],[24]			1%
Debt Investments | Software | LIBOR | Integrate.com, Inc. (Infinity Data, Inc.) | First Lien Term Loan
Schedule Of Investments [Line Items]
Spread	[6],[20]			6%
Total Coupon	[6],[20]			7%
Maturity	[6],[20]			Dec. 17, 2027
Principal	[6],[20]			$ 3,766,667
Cost	[6],[20]			3,691,682
Fair Value	[6],[20]			$ 3,691,333
% of Total Cash and Investments	[6],[20]			0.20%
Debt Investments | Software | LIBOR | Integrate.com, Inc. (Infinity Data, Inc.) | First Lien Term Loan | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[6],[20]			1%
Debt Investments | Software | LIBOR | Integrate.com, Inc. (Infinity Data, Inc.) | Sr Secured Revolver
Schedule Of Investments [Line Items]
Spread	[6],[20],[24]			6%
Total Coupon	[6],[20],[24]			7%
Maturity	[6],[20],[24]			Dec. 17, 2027
Principal	[6],[20],[24]			$ 0
Cost	[6],[20],[24]			(6,621)
Fair Value	[6],[20],[24]			$ (6,667)
% of Total Cash and Investments	[6],[20],[24]			0%
Debt Investments | Software | LIBOR | Integrate.com, Inc. (Infinity Data, Inc.) | Sr Secured Revolver | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[6],[20],[24]			1%
Debt Investments | Software | LIBOR | Oversight Systems, Inc. | First Lien Term Loan
Schedule Of Investments [Line Items]
Spread		7%	[3],[19]	5.25%	[6],[20]	7%	[3],[19]
Total Coupon		11.38%	[3],[19]	6.25%	[6],[20]	11.38%	[3],[19]
Maturity		Sep. 24, 2026	[3],[19]	Sep. 24, 2026	[6],[20]	Sep. 24, 2026	[3],[19]
Principal		$ 4,513,081	[3],[19]	$ 4,558,783	[6],[20]
Cost		4,442,490	[3],[19]	4,471,421	[6],[20]
Fair Value		$ 4,332,558	[3],[19]	$ 4,431,593	[6],[20]
% of Total Cash and Investments		0.26%	[3],[19]	0.24%	[6],[20]	0.26%	[3],[19]
Debt Investments | Software | LIBOR | Oversight Systems, Inc. | First Lien Term Loan | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor		1%	[3],[19]	1%	[6],[20]	1%	[3],[19]
Debt Investments | Software | LIBOR | Rhode Holdings, Inc. (Kaseya) | First Lien Delayed Draw Term Loan
Schedule Of Investments [Line Items]
Spread PIK	[6],[20]			1%
Spread Cash	[6],[20]			5.50%
Total Coupon	[6],[20]			7.50%
Maturity	[6],[20]			May 02, 2025
Principal	[6],[20]			$ 4,185,067
Cost	[6],[20]			4,108,753
Fair Value	[6],[20]			$ 4,212,059
% of Total Cash and Investments	[6],[20]			0.23%
Debt Investments | Software | LIBOR | Rhode Holdings, Inc. (Kaseya) | First Lien Delayed Draw Term Loan | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[6],[20]			1%
Debt Investments | Software | LIBOR | Rhode Holdings, Inc. (Kaseya) | First Lien Term Loan
Schedule Of Investments [Line Items]
Spread PIK	[6],[20]			1%
Spread Cash	[6],[20]			5.50%
Total Coupon	[6],[20]			7.50%
Maturity	[6],[20]			May 02, 2025
Principal	[6],[20]			$ 21,303,844
Cost	[6],[20]			20,840,953
Fair Value	[6],[20]			$ 21,410,363
% of Total Cash and Investments	[6],[20]			1.15%
Debt Investments | Software | LIBOR | Rhode Holdings, Inc. (Kaseya) | First Lien Term Loan | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[6],[20]			1%
Debt Investments | Software | LIBOR | Rhode Holdings, Inc. (Kaseya) | Sr Secured Revolver
Schedule Of Investments [Line Items]
Spread	[6],[20],[24]			6.50%
Total Coupon	[6],[20],[24]			7.50%
Maturity	[6],[20],[24]			May 02, 2025
Principal	[6],[20],[24]			$ 0
Cost	[6],[20],[24]			(14,004)
Fair Value	[6],[20],[24]			$ 0
% of Total Cash and Investments	[6],[20],[24]			0%
Debt Investments | Software | LIBOR | Rhode Holdings, Inc. (Kaseya) | Sr Secured Revolver | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[6],[20],[24]			1%
Debt Investments | Software | LIBOR | SEP Raptor Acquisition, Inc. (Loopio) (Canada) | First Lien Term Loan
Schedule Of Investments [Line Items]
Spread	[6],[12],[20]			7%
Spread PIK	[3],[10],[19]	3%				3%
Spread Cash	[3],[10],[19]	4.50%				4.50%
Total Coupon		12.25%	[3],[10],[19]	8%	[6],[12],[20]	12.25%	[3],[10],[19]
Maturity		Mar. 31, 2027	[3],[10],[19]	Mar. 31, 2027	[6],[12],[20]	Mar. 31, 2027	[3],[10],[19]
Principal		$ 10,790,689	[3],[10],[19]	$ 10,469,484	[6],[12],[20]
Cost		10,628,613	[3],[10],[19]	10,278,384	[6],[12],[20]
Fair Value		$ 10,596,456	[3],[10],[19]	$ 10,511,362	[6],[12],[20]
% of Total Cash and Investments		0.63%	[3],[10],[19]	0.56%	[6],[12],[20]	0.63%	[3],[10],[19]
Debt Investments | Software | LIBOR | SEP Raptor Acquisition, Inc. (Loopio) (Canada) | First Lien Term Loan | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor		1%	[3],[10],[19]	1%	[6],[12],[20]	1%	[3],[10],[19]
Debt Investments | Software | LIBOR | SEP Raptor Acquisition, Inc. (Loopio) (Canada) | Sr Secured Revolver
Schedule Of Investments [Line Items]
Spread PIK	[3],[10],[19],[27]	3%				3%
Spread Cash	[3],[10],[19],[27]	4.50%				4.50%
Total Coupon	[3],[10],[19],[27]	12.25%				12.25%
Maturity	[3],[10],[19],[27]	Mar. 31, 2027				Mar. 31, 2027
Principal	[3],[10],[19],[27]	$ 0
Cost	[3],[10],[19],[27]	(16,517)
Fair Value	[3],[10],[19],[27]	$ (20,939)
% of Total Cash and Investments	[3],[10],[19],[27]	0%				0%
Debt Investments | Software | LIBOR | SEP Raptor Acquisition, Inc. (Loopio) (Canada) | Sr Secured Revolver | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[3],[10],[19],[27]	1%				1%
Debt Investments | Software | LIBOR | SEP Raptor Acquisition, Inc. (Loopio) (Canada) | First Lien Revolver
Schedule Of Investments [Line Items]
Spread	[6],[12],[20],[24]			7%
Total Coupon	[6],[12],[20],[24]			8%
Maturity	[6],[12],[20],[24]			Mar. 31, 2027
Principal	[6],[12],[20],[24]			$ 0
Cost	[6],[12],[20],[24]			(20,373)
Fair Value	[6],[12],[20],[24]			$ 0
% of Total Cash and Investments	[6],[12],[20],[24]			0%
Debt Investments | Software | LIBOR | SEP Raptor Acquisition, Inc. (Loopio) (Canada) | First Lien Revolver | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[6],[12],[20],[24]			1%
Debt Investments | Software | LIBOR | SEP Vulcan Acquisition, Inc. (Tasktop) (Canada) | First Lien Term Loan
Schedule Of Investments [Line Items]
Spread	[6],[12],[20]			7%
Total Coupon	[6],[12],[20]			8%
Maturity	[6],[12],[20]			Mar. 16, 2027
Principal	[6],[12],[20]			$ 7,836,483
Cost	[6],[12],[20]			7,694,698
Fair Value	[6],[12],[20]			$ 7,914,848
% of Total Cash and Investments	[6],[12],[20]			0.43%
Debt Investments | Software | LIBOR | SEP Vulcan Acquisition, Inc. (Tasktop) (Canada) | First Lien Term Loan | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[6],[12],[20]			1%
Debt Investments | Software | LIBOR | SEP Vulcan Acquisition, Inc. (Tasktop) (Canada) | Sr Secured Revolver
Schedule Of Investments [Line Items]
Spread	[6],[12],[20],[24]			7%
Total Coupon	[6],[12],[20],[24]			8%
Maturity	[6],[12],[20],[24]			Mar. 16, 2027
Principal	[6],[12],[20],[24]			$ 0
Cost	[6],[12],[20],[24]			(19,457)
Fair Value	[6],[12],[20],[24]			$ 0
% of Total Cash and Investments	[6],[12],[20],[24]			0%
Debt Investments | Software | LIBOR | SEP Vulcan Acquisition, Inc. (Tasktop) (Canada) | Sr Secured Revolver | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[6],[12],[20],[24]			1%
Debt Investments | Software | LIBOR | Superman Holdings, LLC (Foundation Software) | First Lien Term Loan
Schedule Of Investments [Line Items]
Spread		6.13%	[3],[19]	6.50%	[6],[20]	6.13%	[3],[19]
Total Coupon		10.85%	[3],[19]	7.50%	[6],[20]	10.85%	[3],[19]
Maturity		Aug. 31, 2027	[3],[19]	Aug. 31, 2027	[6],[20]	Aug. 31, 2027	[3],[19]
Principal		$ 10,175,926	[3],[19]	$ 10,280,027	[6],[20]
Cost		9,997,599	[3],[19]	10,069,696	[6],[20]
Fair Value		$ 10,002,935	[3],[19]	$ 10,321,148	[6],[20]
% of Total Cash and Investments		0.59%	[3],[19]	0.55%	[6],[20]	0.59%	[3],[19]
Debt Investments | Software | LIBOR | Superman Holdings, LLC (Foundation Software) | First Lien Term Loan | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor		1%	[3],[19]	1%	[6],[20]	1%	[3],[19]
Debt Investments | Software | LIBOR | Superman Holdings, LLC (Foundation Software) | Sr Secured Revolver
Schedule Of Investments [Line Items]
Spread		6.13%	[3],[19],[27]	6.50%	[6],[20],[24]	6.13%	[3],[19],[27]
Total Coupon		10.85%	[3],[19],[27]	7.50%	[6],[20],[24]	10.85%	[3],[19],[27]
Maturity		Aug. 31, 2026	[3],[19],[27]	Aug. 31, 2026	[6],[20],[24]	Aug. 31, 2026	[3],[19],[27]
Principal		$ 0	[3],[19],[27]	$ 0	[6],[20],[24]
Cost		(19,255)	[3],[19],[27]	(24,477)	[6],[20],[24]
Fair Value		$ (21,352)	[3],[19],[27]	$ 0	[6],[20],[24]
% of Total Cash and Investments		0%	[3],[19],[27]	0%	[6],[20],[24]	0%	[3],[19],[27]
Debt Investments | Software | LIBOR | Superman Holdings, LLC (Foundation Software) | Sr Secured Revolver | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor		1%	[3],[19],[27]	1%	[6],[20],[24]	1%	[3],[19],[27]
Debt Investments | Software | LIBOR | Syntellis Performance Solutions, Inc. (Axiom Software) | First Lien Term Loan
Schedule Of Investments [Line Items]
Spread	[6],[20]			7%
Total Coupon	[6],[20]			8%
Maturity	[6],[20]			Aug. 02, 2027
Principal	[6],[20]			$ 21,187,739
Cost	[6],[20]			20,650,482
Fair Value	[6],[20]			$ 21,611,493
% of Total Cash and Investments	[6],[20]			1.17%
Debt Investments | Software | LIBOR | Syntellis Performance Solutions, Inc. (Axiom Software) | First Lien Term Loan | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[6],[20]			1%
Debt Investments | Software | LIBOR | Zilliant Incorporated | First Lien Delayed Draw Term Loan
Schedule Of Investments [Line Items]
Spread PIK		4.50%	[3],[19],[27]	6.50%	[6],[20],[24]	4.50%	[3],[19],[27]
Spread Cash	[3],[19],[27]	2%				2%
Total Coupon		10.85%	[3],[19],[27]	7.25%	[6],[20],[24]	10.85%	[3],[19],[27]
Maturity		Dec. 21, 2027	[3],[19],[27]	Dec. 21, 2027	[6],[20],[24]	Dec. 21, 2027	[3],[19],[27]
Principal		$ 0	[3],[19],[27]	$ 0	[6],[20],[24]
Cost		(6,146)	[3],[19],[27]	(7,370)	[6],[20],[24]
Fair Value		$ (22,963)	[3],[19],[27]	$ (7,407)	[6],[20],[24]
% of Total Cash and Investments		0%	[3],[19],[27]	0%	[6],[20],[24]	0%	[3],[19],[27]
Debt Investments | Software | LIBOR | Zilliant Incorporated | First Lien Delayed Draw Term Loan | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor		0.75%	[3],[19],[27]	0.75%	[6],[20],[24]	0.75%	[3],[19],[27]
Debt Investments | Software | LIBOR | Zilliant Incorporated | First Lien Term Loan
Schedule Of Investments [Line Items]
Spread PIK		4.50%	[3],[19]	6.50%	[6],[20]	4.50%	[3],[19]
Spread Cash	[3],[19]	2%				2%
Total Coupon		10.85%	[3],[19]	7.25%	[6],[20]	10.85%	[3],[19]
Maturity		Dec. 21, 2027	[3],[19]	Dec. 21, 2027	[6],[20]	Dec. 21, 2027	[3],[19]
Principal		$ 1,550,239	[3],[19]	$ 1,481,481	[6],[20]
Cost		1,524,752	[3],[19]	1,452,019	[6],[20]
Fair Value		$ 1,454,124	[3],[19]	$ 1,451,852	[6],[20]
% of Total Cash and Investments		0.09%	[3],[19]	0.08%	[6],[20]	0.09%	[3],[19]
Debt Investments | Software | LIBOR | Zilliant Incorporated | First Lien Term Loan | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor		0.75%	[3],[19]	0.75%	[6],[20]	0.75%	[3],[19]
Debt Investments | Software | LIBOR | Zilliant Incorporated | Sr Secured Revolver
Schedule Of Investments [Line Items]
Spread		6%	[3],[19],[27]	6%	[6],[20],[24]	6%	[3],[19],[27]
Total Coupon		10.35%	[3],[19],[27]	6.75%	[6],[20],[24]	10.35%	[3],[19],[27]
Maturity		Dec. 21, 2027	[3],[19],[27]	Dec. 21, 2027	[6],[20],[24]	Dec. 21, 2027	[3],[19],[27]
Principal		$ 0	[3],[19],[27]	$ 0	[6],[20],[24]
Cost		(2,458)	[3],[19],[27]	(2,948)	[6],[20],[24]
Fair Value		$ (9,185)	[3],[19],[27]	$ (2,963)	[6],[20],[24]
% of Total Cash and Investments		0%	[3],[19],[27]	0%	[6],[20],[24]	0%	[3],[19],[27]
Debt Investments | Software | LIBOR | Zilliant Incorporated | Sr Secured Revolver | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor		0.75%	[3],[19],[27]	0.75%	[6],[20],[24]	0.75%	[3],[19],[27]
Debt Investments | Software | SOFR | Fusion Risk Management, Inc. | First Lien Term Loan
Schedule Of Investments [Line Items]
Spread PIK	[3],[19]	3.75%				3.75%
Spread Cash	[3],[19]	3.25%				3.25%
Total Coupon	[3],[19]	11.40%				11.40%
Maturity	[3],[19]	Aug. 30, 2028				Aug. 30, 2028
Principal	[3],[19]	$ 362,133
Cost	[3],[19]	354,405
Fair Value	[3],[19]	$ 349,821
% of Total Cash and Investments	[3],[19]	0.02%				0.02%
Debt Investments | Software | SOFR | Fusion Risk Management, Inc. | First Lien Term Loan | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[3],[19]	1%				1%
Debt Investments | Software | SOFR | Fusion Risk Management, Inc. | Sr Secured Revolver
Schedule Of Investments [Line Items]
Spread	[3],[19],[27]	6.50%				6.50%
Total Coupon	[3],[19],[27]	10.90%				10.90%
Maturity	[3],[19],[27]	Aug. 30, 2028				Aug. 30, 2028
Principal	[3],[19],[27]	$ 0
Cost	[3],[19],[27]	(762)
Fair Value	[3],[19],[27]	$ (1,220)
% of Total Cash and Investments	[3],[19],[27]	0%				0%
Debt Investments | Software | SOFR | Fusion Risk Management, Inc. | Sr Secured Revolver | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[3],[19],[27]	1%				1%
Debt Investments | Software | SOFR | Syntellis Parent, LLC (Axiom Software) | First Lien Term Loan
Schedule Of Investments [Line Items]
Spread	[3],[19]	6.50%				6.50%
Total Coupon	[3],[19]	10.82%				10.82%
Maturity	[3],[19]	Aug. 02, 2027				Aug. 02, 2027
Principal	[3],[19]	$ 20,973,180
Cost	[3],[19]	20,512,363
Fair Value	[3],[19]	$ 20,343,985
% of Total Cash and Investments	[3],[19]	1.20%				1.20%
Debt Investments | Software | SOFR | Syntellis Parent, LLC (Axiom Software) | First Lien Term Loan | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[3],[19]	0.75%				0.75%
Debt Investments | Software | SOFR | GTY Technology Holdings Inc. | First Lien Delayed Draw Term Loan
Schedule Of Investments [Line Items]
Spread PIK	[3],[19]	4.30%				4.30%
Spread Cash	[3],[19]	2.58%				2.58%
Total Coupon	[3],[19]	11.40%				11.40%
Maturity	[3],[19]	Jul. 09, 2029				Jul. 09, 2029
Principal	[3],[19]	$ 200,257
Cost	[3],[19]	196,523
Fair Value	[3],[19]	$ 193,849
% of Total Cash and Investments	[3],[19]	0.01%				0.01%
Debt Investments | Software | SOFR | GTY Technology Holdings Inc. | First Lien Delayed Draw Term Loan | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[3],[19]	0.75%				0.75%
Debt Investments | Software | SOFR | GTY Technology Holdings Inc. | First Lien Term Loan
Schedule Of Investments [Line Items]
Spread PIK	[3],[19]	4.30%				4.30%
Spread Cash	[3],[19]	2.58%				2.58%
Total Coupon	[3],[19]	11.46%				11.46%
Maturity	[3],[19]	Jul. 09, 2029				Jul. 09, 2029
Principal	[3],[19]	$ 259,207
Cost	[3],[19]	254,404
Fair Value	[3],[19]	$ 250,912
% of Total Cash and Investments	[3],[19]	0.01%				0.01%
Debt Investments | Software | SOFR | GTY Technology Holdings Inc. | First Lien Term Loan | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[3],[19]	0.75%				0.75%
Debt Investments | Software | SOFR | GTY Technology Holdings Inc. | Sr Secured Revolver
Schedule Of Investments [Line Items]
Spread	[3],[19],[27]	6.25%				6.25%
Total Coupon	[3],[19],[27]	10.83%				10.83%
Maturity	[3],[19],[27]	Jul. 09, 2029				Jul. 09, 2029
Principal	[3],[19],[27]	$ 0
Cost	[3],[19],[27]	(864)
Fair Value	[3],[19],[27]	$ (1,477)
% of Total Cash and Investments	[3],[19],[27]	0%				0%
Debt Investments | Software | SOFR | GTY Technology Holdings Inc. | Sr Secured Revolver | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[3],[19],[27]	0.75%				0.75%
Debt Investments | Software | SOFR | JOBVITE, Inc. (Employ, Inc.) | First Lien Term Loan
Schedule Of Investments [Line Items]
Spread	[3],[19]	8%				8%
Total Coupon	[3],[19]	10.93%				10.93%
Maturity	[3],[19]	Aug. 05, 2028				Aug. 05, 2028
Principal	[3],[19]	$ 1,000,000
Cost	[3],[19]	975,863
Fair Value	[3],[19]	$ 966,200
% of Total Cash and Investments	[3],[19]	0.06%				0.06%
Debt Investments | Software | SOFR | JOBVITE, Inc. (Employ, Inc.) | First Lien Term Loan | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[3],[19]	0.75%				0.75%
Debt Investments | Software | SOFR | AlphaSense, Inc. | First Lien Term Loan
Schedule Of Investments [Line Items]
Spread	[3],[19]	7%				7%
Total Coupon	[3],[19]	11.44%				11.44%
Maturity	[3],[19]	Mar. 11, 2027				Mar. 11, 2027
Principal	[3],[19]	$ 25,095,612
Cost	[3],[19]	24,863,294
Fair Value	[3],[19]	$ 24,869,751
% of Total Cash and Investments	[3],[19]	1.46%				1.46%
Debt Investments | Software | SOFR | AlphaSense, Inc. | First Lien Term Loan | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[3],[19]	1%				1%
Debt Investments | Software | SOFR | Backoffice Associates Holdings, LLC (Syniti) | First Lien Term Loan
Schedule Of Investments [Line Items]
Spread	[3],[19]	7.75%				7.75%
Total Coupon	[3],[19]	12%				12%
Maturity	[3],[19]	Apr. 30, 2026				Apr. 30, 2026
Principal	[3],[19]	$ 12,916,507
Cost	[3],[19]	12,643,518
Fair Value	[3],[19]	$ 12,567,761
% of Total Cash and Investments	[3],[19]	0.74%				0.74%
Debt Investments | Software | SOFR | Backoffice Associates Holdings, LLC (Syniti) | First Lien Term Loan | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[3],[19]	1%				1%
Debt Investments | Software | SOFR | SEP Eiger BidCo Ltd. (Beqom) (Switzerland) | First Lien Term Loan
Schedule Of Investments [Line Items]
Spread PIK	[3],[10],[19]	3.50%				3.50%
Spread Cash	[3],[10],[19]	3%				3%
Total Coupon	[3],[10],[19]	10.71%				10.71%
Maturity	[3],[10],[19]	May 09, 2028				May 09, 2028
Principal	[3],[10],[19]	$ 15,366,421
Cost	[3],[10],[19]	15,083,444
Fair Value	[3],[10],[19]	$ 14,910,039
% of Total Cash and Investments	[3],[10],[19]	0.88%				0.88%
Debt Investments | Software | SOFR | SEP Eiger BidCo Ltd. (Beqom) (Switzerland) | First Lien Term Loan | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[3],[10],[19]	1%				1%
Debt Investments | Software | SOFR | SEP Eiger BidCo Ltd. (Beqom) (Switzerland) | Sr Secured Revolver
Schedule Of Investments [Line Items]
Spread	[3],[10],[19],[27]	6.50%				6.50%
Total Coupon	[3],[10],[19],[27]	10.71%				10.71%
Maturity	[3],[10],[19],[27]	May 09, 2028				May 09, 2028
Principal	[3],[10],[19],[27]	$ 0
Cost	[3],[10],[19],[27]	(28,627)
Fair Value	[3],[10],[19],[27]	$ (47,572)
% of Total Cash and Investments	[3],[10],[19],[27]	0%				0%
Debt Investments | Software | SOFR | SEP Eiger BidCo Ltd. (Beqom) (Switzerland) | Sr Secured Revolver | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[3],[10],[19],[27]	1%				1%
Debt Investments | Software | SOFR | Elastic Path Software, Inc. (Canada) | First Lien Delayed Draw Term Loan
Schedule Of Investments [Line Items]
Spread	[3],[10],[19]	7.50%				7.50%
Total Coupon	[3],[10],[19]	12.12%				12.12%
Maturity	[3],[10],[19]	Jan. 06, 2026				Jan. 06, 2026
Principal	[3],[10],[19]	$ 2,758,041
Cost	[3],[10],[19]	2,731,501
Fair Value	[3],[10],[19]	$ 2,731,012
% of Total Cash and Investments	[3],[10],[19]	0.16%				0.16%
Debt Investments | Software | SOFR | Elastic Path Software, Inc. (Canada) | First Lien Delayed Draw Term Loan | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[3],[10],[19]	1%				1%
Debt Investments | Software | SOFR | Elastic Path Software, Inc. (Canada) | First Lien Term Loan
Schedule Of Investments [Line Items]
Spread	[3],[10],[19]	7.50%				7.50%
Total Coupon	[3],[10],[19]	11.37%				11.37%
Maturity	[3],[10],[19]	Jan. 06, 2026				Jan. 06, 2026
Principal	[3],[10],[19]	$ 5,432,783
Cost	[3],[10],[19]	5,389,945
Fair Value	[3],[10],[19]	$ 5,379,542
% of Total Cash and Investments	[3],[10],[19]	0.32%				0.32%
Debt Investments | Software | SOFR | Elastic Path Software, Inc. (Canada) | First Lien Term Loan | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[3],[10],[19]	1%				1%
Debt Investments | Software | SOFR | Grey Orange Incorporated | First Lien Delayed Draw Term Loan
Schedule Of Investments [Line Items]
Spread	[3],[19],[26]	7.25%				7.25%
Total Coupon	[3],[19],[26]	11.55%				11.55%
Maturity	[3],[19],[26]	May 06, 2026				May 06, 2026
Principal	[3],[19],[26]	$ 2,514,227
Cost	[3],[19],[26]	2,478,477
Fair Value	[3],[19],[26]	$ 2,463,523
% of Total Cash and Investments	[3],[19],[26]	0.15%				0.15%
Debt Investments | Software | SOFR | Grey Orange Incorporated | First Lien Delayed Draw Term Loan | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[3],[19],[26]	1%				1%
Debt Investments | Software | SOFR | Grey Orange Incorporated | First Lien Term Loan
Schedule Of Investments [Line Items]
Spread	[3],[19],[26]	7.25%				7.25%
Total Coupon	[3],[19],[26]	12.23%				12.23%
Maturity	[3],[19],[26]	May 06, 2026				May 06, 2026
Principal	[3],[19],[26]	$ 4,190,378
Cost	[3],[19],[26]	4,152,336
Fair Value	[3],[19],[26]	$ 4,139,675
% of Total Cash and Investments	[3],[19],[26]	0.24%				0.24%
Debt Investments | Software | SOFR | Grey Orange Incorporated | First Lien Term Loan | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[3],[19],[26]	1%				1%
Debt Investments | Software | SOFR | Integrate.com, Inc. (Infinity Data, Inc.) | First Lien Delayed Draw Term Loan
Schedule Of Investments [Line Items]
Spread PIK	[3],[19],[27]	3%				3%
Spread Cash	[3],[19],[27]	3%				3%
Total Coupon	[3],[19],[27]	10.28%				10.28%
Maturity	[3],[19],[27]	Dec. 17, 2027				Dec. 17, 2027
Principal	[3],[19],[27]	$ 0
Cost	[3],[19],[27]	(11,038)
Fair Value	[3],[19],[27]	$ (20,000)
% of Total Cash and Investments	[3],[19],[27]	0%				0%
Debt Investments | Software | SOFR | Integrate.com, Inc. (Infinity Data, Inc.) | First Lien Delayed Draw Term Loan | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[3],[19],[27]	1%				1%
Debt Investments | Software | SOFR | Integrate.com, Inc. (Infinity Data, Inc.) | Sr Secured Revolver
Schedule Of Investments [Line Items]
Spread	[3],[19],[27]	6%				6%
Total Coupon	[3],[19],[27]	10.28%				10.28%
Maturity	[3],[19],[27]	Dec. 17, 2027				Dec. 17, 2027
Principal	[3],[19],[27]	$ 0
Cost	[3],[19],[27]	(5,519)
Fair Value	[3],[19],[27]	$ (10,000)
% of Total Cash and Investments	[3],[19],[27]	0%				0%
Debt Investments | Software | SOFR | Integrate.com, Inc. (Infinity Data, Inc.) | Sr Secured Revolver | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[3],[19],[27]	1%				1%
Debt Investments | Software | SOFR | Nvest, Inc. (SigFig) | First Lien Term Loan
Schedule Of Investments [Line Items]
Spread	[3],[19]	7.50%				7.50%
Total Coupon	[3],[19]	11.49%				11.49%
Maturity	[3],[19]	Sep. 15, 2025				Sep. 15, 2025
Principal	[3],[19]	$ 6,798,242
Cost	[3],[19]	6,708,885
Fair Value	[3],[19]	$ 6,625,567
% of Total Cash and Investments	[3],[19]	0.39%				0.39%
Debt Investments | Software | SOFR | Nvest, Inc. (SigFig) | First Lien Term Loan | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[3],[19]	1%				1%
Debt Investments | Software | SOFR | Kaseya, Inc. | First Lien Delayed Draw Term Loan
Schedule Of Investments [Line Items]
Spread	[3],[19],[27]	5.75%				5.75%
Total Coupon	[3],[19],[27]	10.33%				10.33%
Maturity	[3],[19],[27]	Jun. 25, 2029				Jun. 25, 2029
Principal	[3],[19],[27]	$ 0
Cost	[3],[19],[27]	(1,388)
Fair Value	[3],[19],[27]	$ (3,000)
% of Total Cash and Investments	[3],[19],[27]	0%				0%
Debt Investments | Software | SOFR | Kaseya, Inc. | First Lien Delayed Draw Term Loan | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[3],[19],[27]	0.75%				0.75%
Debt Investments | Software | SOFR | Kaseya, Inc. | First Lien Term Loan
Schedule Of Investments [Line Items]
Spread	[3],[19]	5.75%				5.75%
Total Coupon	[3],[19]	10.33%				10.33%
Maturity	[3],[19]	Jun. 25, 2029				Jun. 25, 2029
Principal	[3],[19]	$ 1,635,938
Cost	[3],[19]	1,612,469
Fair Value	[3],[19]	$ 1,586,859
% of Total Cash and Investments	[3],[19]	0.09%				0.09%
Debt Investments | Software | SOFR | Kaseya, Inc. | First Lien Term Loan | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[3],[19]	0.75%				0.75%
Debt Investments | Software | SOFR | Kaseya, Inc. | Sr Secured Revolver
Schedule Of Investments [Line Items]
Spread	[3],[19],[27]	5.75%				5.75%
Total Coupon	[3],[19],[27]	10.33%				10.33%
Maturity	[3],[19],[27]	Jun. 25, 2029				Jun. 25, 2029
Principal	[3],[19],[27]	$ 0
Cost	[3],[19],[27]	(1,388)
Fair Value	[3],[19],[27]	$ (3,000)
% of Total Cash and Investments	[3],[19],[27]	0%				0%
Debt Investments | Software | SOFR | Kaseya, Inc. | Sr Secured Revolver | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[3],[19],[27]	0.75%				0.75%
Debt Investments | Software | SOFR | Kong Inc. | First Lien Term Loan
Schedule Of Investments [Line Items]
Spread PIK	[3],[19]	3.25%				3.25%
Spread Cash	[3],[19]	5.50%				5.50%
Total Coupon	[3],[19]	12.99%				12.99%
Maturity	[3],[19]	Nov. 01, 2027				Nov. 01, 2027
Principal	[3],[19]	$ 6,193,721
Cost	[3],[19]	6,070,623
Fair Value	[3],[19]	$ 6,069,846
% of Total Cash and Investments	[3],[19]	0.36%				0.36%
Debt Investments | Software | SOFR | Kong Inc. | First Lien Term Loan | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[3],[19]	1%				1%
Debt Investments | Software | SOFR | Zendesk Inc. | First Lien Delayed Draw Term Loan
Schedule Of Investments [Line Items]
Spread	[3],[19],[27]	6.50%				6.50%
Total Coupon	[3],[19],[27]	11.04%				11.04%
Maturity	[3],[19],[27]	Nov. 22, 2028				Nov. 22, 2028
Principal	[3],[19],[27]	$ 0
Cost	[3],[19],[27]	(1,875)
Fair Value	[3],[19],[27]	$ (1,910)
% of Total Cash and Investments	[3],[19],[27]	0%				0%
Debt Investments | Software | SOFR | Zendesk Inc. | First Lien Delayed Draw Term Loan | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[3],[19],[27]	0.75%				0.75%
Debt Investments | Software | SOFR | Zendesk Inc. | First Lien Term Loan
Schedule Of Investments [Line Items]
Spread	[3],[19]	6.50%				6.50%
Total Coupon	[3],[19]	11.04%				11.04%
Maturity	[3],[19]	Nov. 22, 2028				Nov. 22, 2028
Principal	[3],[19]	$ 382,011
Cost	[3],[19]	374,395
Fair Value	[3],[19]	$ 374,370
% of Total Cash and Investments	[3],[19]	0.02%				0.02%
Debt Investments | Software | SOFR | Zendesk Inc. | First Lien Term Loan | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[3],[19]	0.75%				0.75%
Debt Investments | Software | SOFR | Zendesk Inc. | Sr Secured Revolver
Schedule Of Investments [Line Items]
Spread	[3],[19],[27]	6.50%				6.50%
Total Coupon	[3],[19],[27]	11.04%				11.04%
Maturity	[3],[19],[27]	Nov. 22, 2028				Nov. 22, 2028
Principal	[3],[19],[27]	$ 0
Cost	[3],[19],[27]	(773)
Fair Value	[3],[19],[27]	$ (786)
% of Total Cash and Investments	[3],[19],[27]	0%				0%
Debt Investments | Software | SOFR | Zendesk Inc. | Sr Secured Revolver | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[3],[19],[27]	0.75%				0.75%
Debt Investments | Software | PRIME | Backoffice Associates Holdings, LLC (Syniti) | Sr Secured Revolver
Schedule Of Investments [Line Items]
Spread	[3],[19]	6.75%				6.75%
Total Coupon	[3],[19]	14.25%				14.25%
Maturity	[3],[19]	Apr. 30, 2026				Apr. 30, 2026
Principal	[3],[19]	$ 1,354,523
Cost	[3],[19]	1,318,492
Fair Value	[3],[19]	$ 1,308,229
% of Total Cash and Investments	[3],[19]	0.08%				0.08%
Debt Investments | Software | PRIME | Backoffice Associates Holdings, LLC (Syniti) | Sr Secured Revolver | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[3],[19]	1%				1%
Debt Investments | Software | PRIME | Backoffice Associates Holdings, LLC (Syniti) | First Lien Revolver
Schedule Of Investments [Line Items]
Spread	[6],[20]			6.75%
Total Coupon	[6],[20]			10%
Maturity	[6],[20]			Apr. 30, 2026
Principal	[6],[20]			$ 428,646
Cost	[6],[20]			383,879
Fair Value	[6],[20]			$ 428,647
% of Total Cash and Investments	[6],[20]			0.02%
Debt Investments | Software | PRIME | Backoffice Associates Holdings, LLC (Syniti) | First Lien Revolver | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[6],[20]			0%
Debt Investments | Software | LIBOR/SOFR | Integrate.com, Inc. (Infinity Data, Inc.) | First Lien Term Loan
Schedule Of Investments [Line Items]
Spread PIK	[3],[19]	3%				3%
Spread Cash	[3],[19]	3%				3%
Total Coupon	[3],[19]	10.34%				10.34%
Maturity	[3],[19]	Dec. 17, 2027				Dec. 17, 2027
Principal	[3],[19]	$ 3,873,660
Cost	[3],[19]	3,807,368
Fair Value	[3],[19]	$ 3,757,451
% of Total Cash and Investments	[3],[19]	0.22%				0.22%
Debt Investments | Software | LIBOR/SOFR | Integrate.com, Inc. (Infinity Data, Inc.) | First Lien Term Loan | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[3],[19]	1%				1%
Debt Investments | Specialty Retail
Schedule Of Investments [Line Items]
Cost		$ 25,318,273	[19]	$ 28,039,262	[20]
Fair Value		$ 23,774,244	[19]	$ 28,343,261	[20]
% of Total Cash and Investments		1.40%	[19]	1.52%	[20]	1.40%	[19]
Debt Investments | Specialty Retail | LIBOR | Calceus Acquisition, Inc. (Cole Haan) | First Lien Term Loan B
Schedule Of Investments [Line Items]
Spread		5.50%	[19],[21]	5.50%	[20],[22]	5.50%	[19],[21]
Total Coupon		10.23%	[19],[21]	5.68%	[20],[22]	10.23%	[19],[21]
Maturity		Feb. 12, 2025	[19],[21]	Feb. 12, 2025	[20],[22]	Feb. 12, 2025	[19],[21]
Principal		$ 903,665	[19],[21]	$ 430,851	[20],[22]
Cost		854,187	[19],[21]	413,941	[20],[22]
Fair Value		$ 838,150	[19],[21]	$ 407,872	[20],[22]
% of Total Cash and Investments		0.05%	[19],[21]	0.02%	[20],[22]	0.05%	[19],[21]
Debt Investments | Specialty Retail | LIBOR | Calceus Acquisition, Inc. (Cole Haan) | First Lien Term Loan B | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor		0%	[19],[21]	0%	[20],[22]	0%	[19],[21]
Debt Investments | Specialty Retail | LIBOR | Hanna Andersson, LLC | First Lien Term Loan
Schedule Of Investments [Line Items]
Spread		6%	[3],[19]	6.25%	[6],[20]	6%	[3],[19]
Total Coupon		10.29%	[3],[19]	7.25%	[6],[20]	10.29%	[3],[19]
Maturity		Jul. 02, 2026	[3],[19]	Jul. 02, 2026	[6],[20]	Jul. 02, 2026	[3],[19]
Principal		$ 4,843,750	[3],[19]	$ 4,968,750	[6],[20]
Cost		4,770,790	[3],[19]	4,875,690	[6],[20]
Fair Value		$ 4,616,094	[3],[19]	$ 4,948,875	[6],[20]
% of Total Cash and Investments		0.27%	[3],[19]	0.27%	[6],[20]	0.27%	[3],[19]
Debt Investments | Specialty Retail | LIBOR | Hanna Andersson, LLC | First Lien Term Loan | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor		1%	[3],[19]	1%	[6],[20]	1%	[3],[19]
Debt Investments | Specialty Retail | LIBOR | USR Parent, Inc. (Staples) | First Lien FILO Term Loan
Schedule Of Investments [Line Items]
Spread	[6],[20]			8.84%
Total Coupon	[6],[20]			9.84%
Maturity	[6],[20]			Sep. 12, 2022
Principal	[6],[20]			$ 3,195,293
Cost	[6],[20]			3,181,251
Fair Value	[6],[20]			$ 3,195,293
% of Total Cash and Investments	[6],[20]			0.17%
Debt Investments | Specialty Retail | LIBOR | USR Parent, Inc. (Staples) | First Lien FILO Term Loan | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[6],[20]			1%
Debt Investments | Specialty Retail | Fixed | Calceus Acquisition, Inc. (Cole Haan) | First Lien Sr Secured Notes
Schedule Of Investments [Line Items]
Spread		9.75%	[3],[5],[19],[21]	9.75%	[6],[20],[22]	9.75%	[3],[5],[19],[21]
Total Coupon		9.75%	[3],[5],[19],[21]	9.75%	[6],[20],[22]	9.75%	[3],[5],[19],[21]
Maturity		Feb. 19, 2025	[3],[5],[19],[21]	Feb. 19, 2025	[6],[20],[22]	Feb. 19, 2025	[3],[5],[19],[21]
Principal		$ 20,000,000	[3],[5],[19],[21]	$ 20,000,000	[6],[20],[22]
Cost		19,693,296	[3],[5],[19],[21]	19,568,380	[6],[20],[22]
Fair Value		$ 18,320,000	[3],[5],[19],[21]	$ 19,791,221	[6],[20],[22]
% of Total Cash and Investments		1.08%	[3],[5],[19],[21]	1.06%	[6],[20],[22]	1.08%	[3],[5],[19],[21]
Debt Investments | Specialty Retail | Fixed | Calceus Acquisition, Inc. (Cole Haan) | First Lien Sr Secured Notes | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor		0%	[3],[5],[19],[21]	0%	[6],[20],[22]	0%	[3],[5],[19],[21]
Debt Investments | Technology Hardware, Storage & Peripherals | LIBOR | SumUp Holdings Luxembourg S.A.R.L. (United Kingdom) | First Lien Delayed Draw Term Loan
Schedule Of Investments [Line Items]
Spread	[6],[12],[20]			7%
Total Coupon	[6],[12],[20]			8%
Maturity	[6],[12],[20]			Feb. 17, 2026
Principal	[6],[12],[20]			$ 15,504,547
Cost	[6],[12],[20]			14,885,514
Fair Value	[6],[12],[20]			$ 14,882,261
% of Total Cash and Investments	[6],[12],[20]			0.80%
Debt Investments | Technology Hardware, Storage & Peripherals | LIBOR | SumUp Holdings Luxembourg S.A.R.L. (United Kingdom) | First Lien Delayed Draw Term Loan | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[6],[12],[20]			1%
Debt Investments | Technology Hardware, Storage & Peripherals | SOFR | SumUp Holdings Luxembourg S.A.R.L. (United Kingdom) | First Lien Delayed Draw Term Loan
Schedule Of Investments [Line Items]
Spread	[3],[10],[19]	7%				7%
Total Coupon	[3],[10],[19]	11.68%				11.68%
Maturity	[3],[10],[19]	Feb. 17, 2026				Feb. 17, 2026
Principal	[3],[10],[19]	$ 31,114,286
Cost	[3],[10],[19]	30,621,766
Fair Value	[3],[10],[19]	$ 29,994,171
% of Total Cash and Investments	[3],[10],[19]	1.77%				1.77%
Debt Investments | Technology Hardware, Storage & Peripherals | SOFR | SumUp Holdings Luxembourg S.A.R.L. (United Kingdom) | First Lien Delayed Draw Term Loan | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[3],[10],[19]	1%				1%
Debt Investments | Textiles Apparel And Luxury Goods
Schedule Of Investments [Line Items]
Cost		$ 40,027,647	[19]	$ 101,518,668	[6],[20]
Fair Value		$ 37,947,868	[19]	$ 103,171,090	[6],[20]
% of Total Cash and Investments		2.24%	[19]	5.54%	[6],[20]	2.24%	[19]
Debt Investments | Textiles Apparel And Luxury Goods | LIBOR | James Perse Enterprises, Inc. | First Lien Term Loan
Schedule Of Investments [Line Items]
Spread	[6],[20]			6.25%
Total Coupon	[6],[20]			7.25%
Maturity	[6],[20]			Sep. 08, 2027
Principal	[6],[20]			$ 15,555,556
Cost	[6],[20]			15,332,439
Fair Value	[6],[20]			$ 15,566,444
% of Total Cash and Investments	[6],[20]			0.84%
Debt Investments | Textiles Apparel And Luxury Goods | LIBOR | James Perse Enterprises, Inc. | First Lien Term Loan | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[6],[20]			1%
Debt Investments | Textiles Apparel And Luxury Goods | LIBOR | James Perse Enterprises, Inc. | First Lien Revolver
Schedule Of Investments [Line Items]
Spread	[6],[20],[24]			6.25%
Total Coupon	[6],[20],[24]			7.25%
Maturity	[6],[20],[24]			Sep. 08, 2027
Principal	[6],[20],[24]			$ 0
Cost	[6],[20],[24]			(27,649)
Fair Value	[6],[20],[24]			$ 0
% of Total Cash and Investments	[6],[20],[24]			0%
Debt Investments | Textiles Apparel And Luxury Goods | LIBOR | James Perse Enterprises, Inc. | First Lien Revolver | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[6],[20],[24]			1%
Debt Investments | Textiles Apparel And Luxury Goods | LIBOR | Kenneth Cole Productions, Inc. | First Lien FILO Term Loan
Schedule Of Investments [Line Items]
Spread	[6],[20]			9.50%
Total Coupon	[6],[20]			10.50%
Maturity	[6],[20]			Dec. 28, 2023
Principal	[6],[20]			$ 17,068,223
Cost	[6],[20]			17,012,237
Fair Value	[6],[20]			$ 17,213,303
% of Total Cash and Investments	[6],[20]			0.93%
Debt Investments | Textiles Apparel And Luxury Goods | LIBOR | Kenneth Cole Productions, Inc. | First Lien FILO Term Loan | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[6],[20]			1%
Debt Investments | Textiles Apparel And Luxury Goods | LIBOR | PSEB, LLC (Eddie Bauer) | First Lien Term Loan
Schedule Of Investments [Line Items]
Spread		6.50%	[3],[19]	8%	[6],[20]	6.50%	[3],[19]
Total Coupon		11.23%	[3],[19]	9.50%	[6],[20]	11.23%	[3],[19]
Maturity		Oct. 12, 2023	[3],[19]	Oct. 12, 2023	[6],[20]	Oct. 12, 2023	[3],[19]
Principal		$ 24,812,500	[3],[19]	$ 17,989,003	[6],[20]
Cost		24,685,686	[3],[19]	17,781,520	[6],[20]
Fair Value		$ 22,455,312	[3],[19]	$ 18,078,948	[6],[20]
% of Total Cash and Investments		1.32%	[3],[19]	0.97%	[6],[20]	1.32%	[3],[19]
Debt Investments | Textiles Apparel And Luxury Goods | LIBOR | PSEB, LLC (Eddie Bauer) | First Lien Term Loan | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor		1%	[3],[19]	1.50%	[6],[20]	1%	[3],[19]
Debt Investments | Textiles Apparel And Luxury Goods | LIBOR | PSEB, LLC (Eddie Bauer) | First Lien Incremental Term Loan
Schedule Of Investments [Line Items]
Spread	[6],[20]			8%
Total Coupon	[6],[20]			9.50%
Maturity	[6],[20]			Oct. 12, 2023
Principal	[6],[20]			$ 7,010,997
Cost	[6],[20]			6,941,122
Fair Value	[6],[20]			$ 7,046,052
% of Total Cash and Investments	[6],[20]			0.38%
Debt Investments | Textiles Apparel And Luxury Goods | LIBOR | PSEB, LLC (Eddie Bauer) | First Lien Incremental Term Loan | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[6],[20]			1.50%
Debt Investments | Textiles Apparel And Luxury Goods | LIBOR | WH Buyer, LLC (Anne Klein) | First Lien FILO Term Loan
Schedule Of Investments [Line Items]
Spread	[6],[20]			7.38%
Total Coupon	[6],[20]			8.38%
Maturity	[6],[20]			Dec. 31, 2025
Principal	[6],[20]			$ 32,972,332
Cost	[6],[20]			32,737,575
Fair Value	[6],[20]			$ 33,302,055
% of Total Cash and Investments	[6],[20]			1.78%
Debt Investments | Textiles Apparel And Luxury Goods | LIBOR | WH Buyer, LLC (Anne Klein) | First Lien FILO Term Loan | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[6],[20]			1%
Debt Investments | Textiles Apparel And Luxury Goods | LIBOR | WH Buyer, LLC (Anne Klein) | First Lien Incremental FILO Term Loan
Schedule Of Investments [Line Items]
Spread	[6],[20]			6.75%
Total Coupon	[6],[20]			7.75%
Maturity	[6],[20]			Dec. 31, 2025
Principal	[6],[20]			$ 11,845,829
Cost	[6],[20]			11,741,424
Fair Value	[6],[20]			$ 11,964,288
% of Total Cash and Investments	[6],[20]			0.64%
Debt Investments | Textiles Apparel And Luxury Goods | LIBOR | WH Buyer, LLC (Anne Klein) | First Lien Incremental FILO Term Loan | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[6],[20]			1%
Debt Investments | Textiles Apparel And Luxury Goods | SOFR | James Perse Enterprises, Inc. | First Lien Term Loan
Schedule Of Investments [Line Items]
Spread	[3],[19]	6.25%				6.25%
Total Coupon	[3],[19]	10.93%				10.93%
Maturity	[3],[19]	Sep. 08, 2027				Sep. 08, 2027
Principal	[3],[19]	$ 15,555,556
Cost	[3],[19]	15,364,765
Fair Value	[3],[19]	$ 15,499,556
% of Total Cash and Investments	[3],[19]	0.92%				0.92%
Debt Investments | Textiles Apparel And Luxury Goods | SOFR | James Perse Enterprises, Inc. | First Lien Term Loan | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[3],[19]	1%				1%
Debt Investments | Textiles Apparel And Luxury Goods | SOFR | James Perse Enterprises, Inc. | Sr Secured Revolver
Schedule Of Investments [Line Items]
Spread	[3],[19],[27]	6.25%				6.25%
Total Coupon	[3],[19],[27]	10.93%				10.93%
Maturity	[3],[19],[27]	Sep. 08, 2027				Sep. 08, 2027
Principal	[3],[19],[27]	$ 0
Cost	[3],[19],[27]	(22,804)
Fair Value	[3],[19],[27]	$ (7,000)
% of Total Cash and Investments	[3],[19],[27]	0%				0%
Debt Investments | Textiles Apparel And Luxury Goods | SOFR | James Perse Enterprises, Inc. | Sr Secured Revolver | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[3],[19],[27]	1%				1%
Debt Investments | Tobacco Related | LIBOR | Juul Labs, Inc. | First Lien Term Loan
Schedule Of Investments [Line Items]
Spread	[6],[20]			7%
Total Coupon	[6],[20]			8.50%
Maturity	[6],[20]			Aug. 02, 2023
Principal	[6],[20]			$ 26,102,995
Cost	[6],[20]			25,985,218
Fair Value	[6],[20]			$ 25,998,583
% of Total Cash and Investments	[6],[20]			1.40%
Debt Investments | Tobacco Related | LIBOR | Juul Labs, Inc. | First Lien Term Loan | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[6],[20]			1.50%
Debt Investments | Trading Companies & Distributors
Schedule Of Investments [Line Items]
Cost		$ 9,929,105		$ 9,885,213	[6],[20]
Fair Value		$ 9,587,750		$ 9,882,883	[6],[20]
% of Total Cash and Investments		0.57%		0.53%	[6],[20]	0.57%
Debt Investments | Trading Companies & Distributors | LIBOR | Blackbird Purchaser, Inc. (Ohio Transmission Corp.) | Second Lien Term Loan
Schedule Of Investments [Line Items]
Spread	[6],[20]			7.50%
Total Coupon	[6],[20]			8.25%
Maturity	[6],[20]			Apr. 08, 2027
Principal	[6],[20]			$ 10,153,647
Cost	[6],[20]			9,952,294
Fair Value	[6],[20]			$ 9,950,574
% of Total Cash and Investments	[6],[20]			0.53%
Debt Investments | Trading Companies & Distributors | LIBOR | Blackbird Purchaser, Inc. (Ohio Transmission Corp.) | Second Lien Term Loan | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[6],[20]			0.75%
Debt Investments | Trading Companies & Distributors | LIBOR | Blackbird Purchaser, Inc. (Ohio Transmission Corp.) | Second Lien Delayed Draw Term Loan
Schedule Of Investments [Line Items]
Spread	[6],[20],[24]			7.50%
Total Coupon	[6],[20],[24]			8.25%
Maturity	[6],[20],[24]			Apr. 08, 2027
Principal	[6],[20],[24]			$ 0
Cost	[6],[20],[24]			(67,081)
Fair Value	[6],[20],[24]			$ (67,691)
% of Total Cash and Investments	[6],[20],[24]			0%
Debt Investments | Trading Companies & Distributors | LIBOR | Blackbird Purchaser, Inc. (Ohio Transmission Corp.) | Second Lien Delayed Draw Term Loan | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[6],[20],[24]			0.75%
Debt Investments | Trading Companies & Distributors | LIBOR | Blackbird Purchaser, Inc. (Ohio Transmission Corp.) | Second Lien Term Loan
Schedule Of Investments [Line Items]
Spread	[3]	7.50%				7.50%
Total Coupon	[3]	11.88%				11.88%
Maturity	[3]	Apr. 08, 2027				Apr. 08, 2027
Principal	[3]	$ 10,153,647
Cost	[3]	9,983,551
Fair Value	[3]	$ 9,729,224
% of Total Cash and Investments	[3]	0.58%				0.58%
Debt Investments | Trading Companies & Distributors | LIBOR | Blackbird Purchaser, Inc. (Ohio Transmission Corp.) | Second Lien Term Loan | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[3]	0.75%				0.75%
Debt Investments | Trading Companies & Distributors | LIBOR | Blackbird Purchaser, Inc. (Ohio Transmission Corp.) | Second Lien Delayed Draw Term Loan
Schedule Of Investments [Line Items]
Spread	[3],[27]	7.50%				7.50%
Total Coupon	[3],[27]	11.88%				11.88%
Maturity	[3],[27]	Apr. 08, 2027				Apr. 08, 2027
Principal	[3],[27]	$ 0
Cost	[3],[27]	(54,446)
Fair Value	[3],[27]	$ (141,474)
% of Total Cash and Investments	[3],[27]	(0.01%)				(0.01%)
Debt Investments | Trading Companies & Distributors | LIBOR | Blackbird Purchaser, Inc. (Ohio Transmission Corp.) | Second Lien Delayed Draw Term Loan | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[3],[27]	0.75%				0.75%
Debt Investments | Wireless Telecommunication Services | LIBOR | OpenMarket, Inc. (Infobip) (United Kingdom) | First Lien Term Loan
Schedule Of Investments [Line Items]
Spread		6.25%	[3],[10],[19]	6.25%	[6],[12],[20]	6.25%	[3],[10],[19]
Total Coupon		10.98%	[3],[10],[19]	7%	[6],[12],[20]	10.98%	[3],[10],[19]
Maturity		Sep. 17, 2026	[3],[10],[19]	Sep. 17, 2026	[6],[12],[20]	Sep. 17, 2026	[3],[10],[19]
Principal		$ 9,875,000	[3],[10],[19]	$ 9,975,000	[6],[12],[20]
Cost		9,682,978	[3],[10],[19]	9,737,219	[6],[12],[20]
Fair Value		$ 9,562,950	[3],[10],[19]	$ 9,688,718	[6],[12],[20]
% of Total Cash and Investments		0.57%	[3],[10],[19]	0.52%	[6],[12],[20]	0.57%	[3],[10],[19]
Debt Investments | Wireless Telecommunication Services | LIBOR | OpenMarket, Inc. (Infobip) (United Kingdom) | First Lien Term Loan | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor		0.75%	[3],[10],[19]	0.75%	[6],[12],[20]	0.75%	[3],[10],[19]
Debt Investments | Personal Products
Schedule Of Investments [Line Items]
Cost	[20]			$ 17,823,522
Fair Value	[20]			$ 18,250,480
% of Total Cash and Investments	[20]			0.98%
Debt Investments | Personal Products | LIBOR | Olaplex Inc | First Lien Term Loan
Schedule Of Investments [Line Items]
Spread	[6],[20],[22]			6.50%
Total Coupon	[6],[20],[22]			7.50%
Maturity	[6],[20],[22]			Jan. 08, 2026
Principal	[6],[20],[22]			$ 18,069,459
Cost	[6],[20],[22]			17,840,140
Fair Value	[6],[20],[22]			$ 18,250,480
% of Total Cash and Investments	[6],[20],[22]			0.98%
Debt Investments | Personal Products | LIBOR | Olaplex Inc | First Lien Term Loan | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[6],[20],[22]			1%
Debt Investments | Personal Products | LIBOR | Olaplex Inc | Sr Secured Revolver
Schedule Of Investments [Line Items]
Spread	[6],[20],[22]			6.50%
Total Coupon	[6],[20],[22]			7.50%
Maturity	[6],[20],[22]			Jan. 08, 2025
Cost	[6],[20],[22]			$ (16,618)
Debt Investments | Personal Products | LIBOR | Olaplex Inc | Sr Secured Revolver | Interest Rate Floor
Schedule Of Investments [Line Items]
Floor	[6],[20],[22]			1%
Investments
Schedule Of Investments [Line Items]
Cost		$ 1,669,779,921		$ 1,821,602,910
Fair Value		$ 1,609,587,641		$ 1,841,138,122
% of Total Cash and Investments		95.13%		98.95%		95.13%
Cash and Cash Equivalents
Schedule Of Investments [Line Items]
Cash and Cash Equivalents		$ 82,435,171		$ 19,552,273
% Total Cash Investments		4.87%		1.05%		4.87%
Controlled Investments
Schedule Of Investments [Line Items]
Cost		$ 158,500,500		$ 146,247,518
Fair Value		$ 137,733,285		$ 105,087,211
[1] All cash and investments, except those referenced in Notes G above, are pledged as collateral under certain debt as described in Note 4 to the Consolidated Financial Statements. All cash and investments, except those referenced in Note G above, are pledged as collateral under certain debt as described in Note 4 to the Consolidated Financial Statements. Inputs in the valuation of this investment included certain unobservable inputs that were significant to the valuation as a whole. Other non-income producing investment. Restricted security. (See Note 2) Inputs in the valuation of this investment included certain unobservable inputs that were significant to the valuation as a whole. Other non-income producing investment. Restricted security. (See Note 2) Investment denominated in foreign currency. Amortized cost and fair value converted from foreign currency to US dollars. Foreign currency denominated investments are generally hedged for currency exposure. Non-U.S. company or principal place of business outside the U.S. and as a result the investment is not a qualifying asset under Section 55(a) of the 1940 Act. Under the 1940 Act, the Company may not acquire any non-qualifying asset unless, at the time such acquisition is made, qualifying assets represent at least 70 % of the Company's total assets. Investment denominated in foreign currency. Amortized cost and fair value converted from foreign currency to US dollars. Foreign currency denominated investments are generally hedged for currency exposure. Non-U.S. company or principal place of business outside the U.S. and as a result the investment is not a qualifying asset under Section 55(a) of the 1940 Act. Under the 1940 Act, the Company may not acquire any non-qualifying asset unless, at the time such acquisition is made, qualifying assets represent at least 70 % of the Company's total assets. Non-controlled affiliate – as defined under the Investment Company Act of 1940 (the “1940 Act”) (ownership of between 5 % and 25 % of the outstanding voting securities of this issuer). See Consolidated Schedule of Changes in Investments in Affiliates. Non-controlled affiliate – as defined under the 1940 Act (ownership of between 5 % and 25 % of the outstanding voting securities of this issuer). See Consolidated Schedule of Changes in Investments in Affiliates. Controlled issuer – as defined under the 1940 Act (ownership of 25 % or more of the outstanding voting securities of this issuer). Investment is not more than 50 % of the outstanding voting securities of the issuer nor deemed to be a significant subsidiary. See Consolidated Schedule of Changes in Investments in Affiliates. Controlled issuer – as defined under the 1940 Act (ownership of 25 % or more of the outstanding voting securities of this issuer). Investment is not more than 50 % of the outstanding voting securities of the issuer nor deemed to be a significant subsidiary. See Consolidated Schedule of Changes in Investments in Affiliates. Deemed an investment company under Section 3(c) of the 1940 Act and as a result the investment is not a qualifying asset under Section 55(a) of the 1940 Act. Under the 1940 Act, the Company may not acquire any non-qualifying asset unless, at the time such acquisition is made, qualifying assets represent at least 70 % of the Company's total assets. Deemed an investment company under Section 3(c) of the 1940 Act and as a result the investment is not a qualifying asset under Section 55(a) of the 1940 Act. Under the 1940 Act, the Company may not acquire any non-qualifying asset unless, at the time such acquisition is made, qualifying assets represent at least 70 % of the Company's total assets. Debt investments include investments in bank debt that generally are bought and sold among institutional investors in transactions not subject to registration under the Securities Act of 1933 (the “Securities Act”). Such transactions are generally subject to contractual restrictions, such as approval of the agent or borrower. Debt investments include investments in bank debt that generally are bought and sold among institutional investors in transactions not subject to registration under the Securities Act. Such transactions are generally subject to contractual restrictions, such as approval of the agent or borrower. Investment has been segregated to collateralize certain unfunded commitments. Investment has been segregated to collateralize certain unfunded commitments. Non-accruing debt investment. Negative balances relate to an unfunded commitment that was acquired and/or valued at a discount. In addition to the stated coupon, investment has an exit fee payable upon repayment of the loan in an amount equal to the percentage of the original principal amount shown. In addition to the stated coupon, investment has an exit fee payable upon repayment of the loan in an amount equal to the percentage of the original principal amount shown. Negative balances relate to an unfunded commitment that was acquired and/or valued at a discount. Non-accruing debt investment. Publicly traded company with a market capitalization greater than $ 250 million and as a result the investment is not a qualifying asset under Section 55(a) of the 1940 Act. Under the 1940 Act, the Company may not acquire any non-qualifying asset unless, at the time such acquisition is made, qualifying assets represent at least 70 % of the Company's total assets.

Consolidated Schedule of Inve_2

Consolidated Schedule of Investments (Parenthetical) - USD ($)		12 Months Ended
		Dec. 31, 2022		Dec. 31, 2021
Schedule Of Investments [Line Items]
Percentage of Net Assets		226.60%		224.30%
Dispositions of investments		$ 481,458,510		$ 622,482,722
Minimum
Schedule Of Investments [Line Items]
Percentage of Net Assets		15.70%		13.70%
Acquisitions of investments		$ 338,307,784		$ 757,139,390
Dispositions of investments		481,458,510		622,557,619
Total value of restricted securities and bank debt		$ 1,608,277,251		$ 1,838,668,439
% of Total Cash and Investments		95%		98.80%
Minimum | Non-U.S.
Schedule Of Investments [Line Items]
Percentage of qualifying asset to total asset		70%		70%
Debt Investments
Schedule Of Investments [Line Items]
Percentage of Net Assets		190.20%		197.10%
% of Total Cash and Investments		83.95%	[1]	87.86%	[2]
Debt Investments | Software
Schedule Of Investments [Line Items]
% of Total Cash and Investments		10.87%	[1]	7.94%	[2]
Debt Investments | Software | Grey Orange Incorporated | First Lien Term Loan
Schedule Of Investments [Line Items]
Exit Fee, percentage		3.75%
Debt Investments | Software | Grey Orange Incorporated | First Lien Delayed Draw Term Loan
Schedule Of Investments [Line Items]
Exit Fee, percentage		3.75%
Debt Investments | Capital Markets
Schedule Of Investments [Line Items]
% of Total Cash and Investments		2.75%	[1]	2.52%	[2]
Debt Investments | Capital Markets | Pico Quantitative Trading, LLC | First Lien Term Loan
Schedule Of Investments [Line Items]
Exit Fee, percentage		1%		1%
Debt Investments | Capital Markets | LIBOR | Pico Quantitative Trading, LLC | First Lien Term Loan
Schedule Of Investments [Line Items]
% of Total Cash and Investments	[2],[3],[4]			1.18%
Debt Investments | Capital Markets | LIBOR | Pico Quantitative Trading, LLC | First Lien Incremental Term Loan
Schedule Of Investments [Line Items]
% of Total Cash and Investments	[2],[4]			1.34%
Debt Investments | Communications Equipment
Schedule Of Investments [Line Items]
% of Total Cash and Investments		0.01%	[1]	0.09%	[2]
Debt Investments | Communications Equipment | Avanti Communications Jersey Limited (United Kingdom) | 1.5 Lien Delayed Draw Term Loan
Schedule Of Investments [Line Items]
Exit Fee, percentage				2.50%
Debt Investments | Communications Equipment | Avanti Communications Jersey Limited (United Kingdom) | 1.5 Lien Term Loan
Schedule Of Investments [Line Items]
Exit Fee, percentage				2.50%
Debt Investments | Construction and Engineering
Schedule Of Investments [Line Items]
% of Total Cash and Investments		1.88%	[1]	1.29%	[2]
Debt Investments | Construction and Engineering | Hylan Datacom & Electrical, LLC | First Lien Term Loan
Schedule Of Investments [Line Items]
Exit Fee, percentage				3.15%
Debt Investments | Construction and Engineering | LIBOR | Hylan Datacom & Electrical, LLC | First Lien Term Loan
Schedule Of Investments [Line Items]
% of Total Cash and Investments	[2],[3],[4],[5]			0.51%
Debt Investments | Diversified Financial Services
Schedule Of Investments [Line Items]
% of Total Cash and Investments		7.20%	[1]	6.05%	[2]
Debt Investments | Diversified Financial Services | Worldremit Group Limited (United Kingdom) | First Lien Term Loan
Schedule Of Investments [Line Items]
Exit Fee, percentage		3%		3%
Debt Investments | Diversified Financial Services | LIBOR | Worldremit Group Limited (United Kingdom) | First Lien Term Loan
Schedule Of Investments [Line Items]
% of Total Cash and Investments		2.53%	[1],[6],[7],[8]	2.29%	[2],[3],[4],[9]
Debt Investments | Healthcare Providers and Services
Schedule Of Investments [Line Items]
% of Total Cash and Investments		2.38%	[1]	2.03%	[2]
Debt Investments | Healthcare Providers and Services | INH Buyer, Inc. (IMS Health) | First Lien Term Loan
Schedule Of Investments [Line Items]
Exit Fee, percentage		1.50%
Debt Investments | Healthcare Providers and Services | LIBOR | INH Buyer, Inc. (IMS Health) | First Lien Term Loan
Schedule Of Investments [Line Items]
% of Total Cash and Investments	[2],[4]			0.23%
Debt Investments | Internet Software and Services
Schedule Of Investments [Line Items]
% of Total Cash and Investments		12.58%	[1]	16.01%	[2]
Debt Investments | Internet Software and Services | Domo, Inc. | First Lien Delayed Draw Term Loan
Schedule Of Investments [Line Items]
Exit Fee, percentage		7%		7%	[2]
Debt Investments | Internet Software and Services | FinancialForce.com, Inc. | First Lien Delayed Draw Term Loan
Schedule Of Investments [Line Items]
Exit Fee, percentage	[2]			3%
Debt Investments | Internet Software and Services | Foursquare Labs, Inc. | First Lien Term Loan
Schedule Of Investments [Line Items]
Exit Fee, percentage	[2]			5%
Debt Investments | Internet Software and Services | MetricStream, Inc. | First Lien Incremental Term Loan
Schedule Of Investments [Line Items]
Exit Fee, percentage	[2]			3.25%
Debt Investments | Internet Software and Services | Persado, Inc. | First Lien Term Loan
Schedule Of Investments [Line Items]
Exit Fee, percentage		6.575%
Debt Investments | Internet Software and Services | Persado, Inc. | First Lien Delayed Draw Term Loan
Schedule Of Investments [Line Items]
Exit Fee, percentage		6.575%		4.25%	[2]
Debt Investments | Internet Software and Services | ResearchGate GmBH (Germany) | First Lien Term Loan
Schedule Of Investments [Line Items]
Exit Fee, percentage		4%		4%	[2]
Debt Investments | Internet Software and Services | LIBOR | FinancialForce.com, Inc. | First Lien Delayed Draw Term Loan
Schedule Of Investments [Line Items]
% of Total Cash and Investments	[2],[3],[4]			2.03%
Debt Investments | Internet Software and Services | LIBOR | Foursquare Labs, Inc. | First Lien Term Loan
Schedule Of Investments [Line Items]
% of Total Cash and Investments	[2],[3],[4]			1.81%
Debt Investments | Internet Software and Services | LIBOR | Foursquare Labs, Inc. | First Lien Incremental Term Loan
Schedule Of Investments [Line Items]
% of Total Cash and Investments	[2],[4]			0.40%
Debt Investments | Internet Software and Services | LIBOR | MetricStream, Inc. | First Lien Term Loan
Schedule Of Investments [Line Items]
% of Total Cash and Investments	[2],[4]			1.21%
Debt Investments | Internet Software and Services | LIBOR | MetricStream, Inc. | First Lien Incremental Term Loan
Schedule Of Investments [Line Items]
% of Total Cash and Investments	[2],[3],[4]			0.37%
Debt Investments | Internet Software and Services | LIBOR | Persado, Inc. | First Lien Delayed Draw Term Loan
Schedule Of Investments [Line Items]
% of Total Cash and Investments	[2],[3],[4]			0.47%
Debt Investments | IT Services
Schedule Of Investments [Line Items]
% of Total Cash and Investments		2.62%	[1]	2.35%	[2]
Debt Investments | IT Services | LIBOR | Puppet, Inc. | First Lien Term Loan
Schedule Of Investments [Line Items]
Exit Fee, percentage	[2]			3%
% of Total Cash and Investments	[2],[3],[4]			0.74%
Debt Investments | Media
Schedule Of Investments [Line Items]
% of Total Cash and Investments		3.62%	[1]	2.99%	[2]
Debt Investments | Media | Quora, Inc. | First Lien Term Loan
Schedule Of Investments [Line Items]
Exit Fee, percentage		4%
Debt Investments | Media | Quora, Inc. | Fixed
Schedule Of Investments [Line Items]
Exit Fee, percentage	[2]			4%
Debt Investments | Professional Services
Schedule Of Investments [Line Items]
% of Total Cash and Investments	[1]	7.07%
Debt Investments | Professional Services | JobandTalent USA, Inc. (United Kingdom) | First Lien Delayed Draw Term Loan
Schedule Of Investments [Line Items]
Exit Fee, percentage		3%
Debt Investments | Professional Services | JobandTalent USA, Inc. (United Kingdom) | First Lien Term Loan
Schedule Of Investments [Line Items]
Exit Fee, percentage		3%
Debt Investments | Professional Services | RigUp, Inc. | First Lien Delayed Draw Term Loan
Schedule Of Investments [Line Items]
Exit Fee, percentage		4%		3.50%	[2]
Debt Investments | Professional Services | LIBOR
Schedule Of Investments [Line Items]
% of Total Cash and Investments				7.28%
Debt Investments | Professional Services | LIBOR | RigUp, Inc. | First Lien Delayed Draw Term Loan
Schedule Of Investments [Line Items]
% of Total Cash and Investments		1.69%	[1],[6],[7]	1.57%	[2],[4],[10]
Equity Securities
Schedule Of Investments [Line Items]
Percentage of Net Assets		25.30%		24.90%
Investments
Schedule Of Investments [Line Items]
Percentage of Net Assets		215.50%		222%
% of Total Cash and Investments		95.13%		98.95%
Cash and Cash Equivalents
Schedule Of Investments [Line Items]
Percentage of Net Assets		11.10%		2.30%
Deemed Investment | Minimum
Schedule Of Investments [Line Items]
Percentage of qualifying asset to total asset		70%		70%
Publicly Traded Company
Schedule Of Investments [Line Items]
Market capitalization		$ 250,000,000
Publicly Traded Company | Minimum
Schedule Of Investments [Line Items]
Percentage of qualifying asset to total asset		70%		70%
Non Controlled Affiliates | Minimum
Schedule Of Investments [Line Items]
Percentage of outstanding voting securities		5%		5%
Non Controlled Affiliates | Maximum
Schedule Of Investments [Line Items]
Percentage of outstanding voting securities		25%		25%
Controlled Investments | Minimum
Schedule Of Investments [Line Items]
Percentage of outstanding voting securities		25%		25%
Controlled Investments | Maximum
Schedule Of Investments [Line Items]
Percentage of outstanding voting securities		50%		50%
[1] Debt investments include investments in bank debt that generally are bought and sold among institutional investors in transactions not subject to registration under the Securities Act of 1933 (the “Securities Act”). Such transactions are generally subject to contractual restrictions, such as approval of the agent or borrower. Debt investments include investments in bank debt that generally are bought and sold among institutional investors in transactions not subject to registration under the Securities Act. Such transactions are generally subject to contractual restrictions, such as approval of the agent or borrower. In addition to the stated coupon, investment has an exit fee payable upon repayment of the loan in an amount equal to the percentage of the original principal amount shown. Inputs in the valuation of this investment included certain unobservable inputs that were significant to the valuation as a whole. Non-accruing debt investment. In addition to the stated coupon, investment has an exit fee payable upon repayment of the loan in an amount equal to the percentage of the original principal amount shown. Inputs in the valuation of this investment included certain unobservable inputs that were significant to the valuation as a whole. Non-U.S. company or principal place of business outside the U.S. and as a result the investment is not a qualifying asset under Section 55(a) of the 1940 Act. Under the 1940 Act, the Company may not acquire any non-qualifying asset unless, at the time such acquisition is made, qualifying assets represent at least 70 % of the Company's total assets. Non-U.S. company or principal place of business outside the U.S. and as a result the investment is not a qualifying asset under Section 55(a) of the 1940 Act. Under the 1940 Act, the Company may not acquire any non-qualifying asset unless, at the time such acquisition is made, qualifying assets represent at least 70 % of the Company's total assets. Deemed an investment company under Section 3(c) of the 1940 Act and as a result the investment is not a qualifying asset under Section 55(a) of the 1940 Act. Under the 1940 Act, the Company may not acquire any non-qualifying asset unless, at the time such acquisition is made, qualifying assets represent at least 70 % of the Company's total assets.

Organization and Nature of Oper

Organization and Nature of Operations	12 Months Ended
	Dec. 31, 2022
Organization Consolidation And Presentation Of Financial Statements [Abstract]
Organization and Nature of Operations	1. Organization and Nature of Operations BlackRock TCP Capital Corp. (the “Company”), formerly known as TCP Capital Corp., is a Delaware corporation formed on April 2, 2012 as an externally managed, closed-end, non-diversified management investment company. The Company elected to be regulated as a business development company (“BDC”) under the Investment Company Act of 1940, as amended (the “1940 Act”). The Company’s investment objective is to achieve high total returns through current income and capital appreciation, with an emphasis on principal protection. The Company invests primarily in the debt of middle-market companies as well as small businesses, including senior secured loans, junior loans, mezzanine debt and bonds. Such investments may include an equity component, and, to a lesser extent, the Company may make equity investments directly. The Company was formed through the conversion on April 2, 2012 of the Company’s predecessor, Special Value Continuation Fund, LLC, from a limited liability company to a corporation in a non-taxable transaction, leaving the Company as the surviving entity. On April 3, 2012, the Company completed its initial public offering. Investment operations are conducted through the Company's wholly-owned subsidiaries, Special Value Continuation Partners LLC, a Delaware limited liability company ("SVCP"), TCPC Funding I, LLC, a Delaware limited liability company (“TCPC Funding”), TCPC Funding II, LLC, a Delaware limited liability company ("TCPC Funding II") and TCPC SBIC, LP, a Delaware limited partnership (the “SBIC”). SVCP was organized as a limited partnership and had elected to be regulated as a BDC under the 1940 Act through July 31, 2018. On August 1, 2018, SVCP withdrew its election to be regulated as a BDC under the 1940 Act and withdrew the registration of its common limited partner interests under Section 12(g) of the Securities Exchange Act of 1934 (the “1934 Act”) and, on August 2, 2018, terminated its general partner, Series H of SVOF/MM, LLC, and converted to a Delaware limited liability company. The SBIC was organized in June 2013, and, on April 22, 2014, received a license from the United States Small Business Administration (the “SBA”) to operate as a small business investment company under the provisions of Section 301(c) of the Small Business Investment Act of 1958. These consolidated financial statements include the accounts of the Company, SVCP, TCPC Funding, TCPC Funding II and the SBIC. All significant intercompany transactions and balances have been eliminated in the consolidation. The Company has elected to be treated as a regulated investment company (“RIC”) for U.S. federal income tax purposes. As a RIC, the Company will not be taxed on its income to the extent that it distributes such income each year and satisfies other applicable income tax requirements. TCPC Funding, TCPC Funding II and the SBIC have elected to be treated as partnerships for U.S. federal income tax purposes. SVCP was treated as a partnership for U.S. federal income tax purposes through August 1, 2018 and upon its conversion to a limited liability company on August 2, 2018 and thereafter is and will be treated as a disregarded entity. Series H of SVOF/MM, LLC serves as the administrator of the Company (the “Administrator”). The managing member of SVOF/MM is Tennenbaum Capital Partners, LLC (the “Advisor”), which serves as the investment manager to the Company, TCPC Funding, TCPC Funding II and the SBIC. On August 1, 2018, the Advisor merged with and into a wholly owned subsidiary of BlackRock Capital Investment Advisors, LLC, an indirect wholly owned subsidiary of BlackRock, Inc., with the Advisor as the surviving entity. Company management consists of the Advisor and the Company’s board of directors (the “Board of Directors”). The Advisor directs and executes the day-to-day operations of the Company, subject to oversight from the Board of Directors, which sets the broad policies of the Company. The Board of Directors of the Company has delegated investment management of SVCP’s assets to the Advisor. The Board of Directors consists of seven persons, six of whom are independent.

Summary of Significant Accounti

Summary of Significant Accounting Policies	12 Months Ended
	Dec. 31, 2022
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	2. Summary of Significant Accounting Policies Basis of Presentation The consolidated financial statements of the Company have been prepared in accordance with accounting principles generally accepted in the United States (“GAAP”). The Company is an investment company following accounting and reporting guidance in Accounting Standards Codification (“ASC”) Topic 946, Financial Services – Investment Companies . The Company has consolidated the results of its wholly owned subsidiaries in its consolidated financial statements in accordance with ASC Topic 946. The following is a summary of the significant accounting policies of the Company. Use of Estimates The preparation of the consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the consolidated financial statements, as well the reported amounts of revenues and expenses during the reporting periods presented. Although management believes these estimates and assumptions to be reasonable, actual results could differ from those estimates and such differences could be material. Investment Valuation Pursuant to Rule 2a-5 (the “Rule”) under the 1940 Act, the Board of Directors designated the Advisor as the Company’s valuation designee (the “Valuation Designee”) to perform certain fair value functions, including performing fair value determinations and has approved policies and procedures adopted by the Advisor to seek to ensure compliance with the requirements of the Rule. The Company’s investments are generally held by the Company's subsidiaries. Investments are recorded at fair value in accordance with GAAP, based upon the principles and methods of valuation set forth in the policies adopted by the Valuation Designee and approved by the Board of Directors. Fair value is generally defined as the amount for which an investment would be sold in an orderly transaction between market participants at the measurement date. All investments are valued at least quarterly based on quotations or other affirmative pricing from independent third-party sources, with the exception of investments priced directly by the Valuation Designee which in the aggregate comprise less than 5 % of the assets of the Company. Investments listed on a recognized exchange or market quotation system, whether U.S. or foreign, are valued using the closing price on the date of valuation. Investments not listed on a recognized exchange or market quotation system, but for which reliable market quotations are readily available are valued using prices provided by a nationally recognized pricing service or by using quotations from broker-dealers. Investments for which market quotations are either not readily available or are determined to be unreliable are priced at fair value using affirmative valuations performed by independent valuation services approved by the Valuation Designee or, for investments aggregating less than 5 % of the total assets of the Company, using valuations determined directly by the Valuation Designee. Such valuations are determined under documented valuation policies and procedures reviewed and approved by a committee established by the Valuation Designee (the “Valuation Committee”). Generally, to increase objectivity in valuing the investments, the Valuation Designee will utilize external measures of value, such as public markets or third-party transactions, whenever possible. The Valuation Designee’s valuation is not based on long-term work-out value, immediate liquidation value, nor incremental value for potential changes that may take place in the future. The values assigned to investments are based on available information and do not necessarily represent amounts that might ultimately be realized, as these amounts depend on future circumstances and cannot reasonably be determined until the individual investments are actually liquidated. Such circumstances may include macroeconomic, geopolitical and other events and conditions such as the current COVID-19 pandemic that may significantly impact the profitability or viability of businesses in which the Company is invested, and therefore may significantly impact the return on the Company’s investments. The foregoing policies apply to all investments, including any in companies and groups of affiliated companies aggregating more than 5 % of the Company’s assets. 2. Summary of Significant Accounting Policies — (continued) Fair valuations of investments in each asset class are determined using one or more methodologies including market quotations, the market approach, income approach, or, in the case of recent investments, the cost approach, as appropriate. The market approach uses prices and other relevant information generated by market transactions involving identical or comparable assets. Such information may include observed multiples of earnings and/or revenues at which transactions in securities of comparable companies occur, with appropriate adjustments for differences in company size, operations or other factors affecting comparability. The income approach uses valuation techniques to convert future amounts (for example, cash flows or earnings) to a single present value amount (discounted). The measurement is based on the value indicated by current market expectations about those future amounts. The discount rates used for such analyses reflect market yields for comparable investments, considering such factors as relative credit quality, capital structure, and other factors. In following these approaches, the types of factors that may be taken into account also include, as relevant: available current market data, including relevant and applicable market trading and transaction comparables, security covenants, call protection provisions, information rights, the nature and realizable value of any collateral, the portfolio company’s ability to make payments, its earnings and cash flows, the markets in which the portfolio company does business, comparisons of financial ratios of peer companies that are public, merger and acquisition comparables, comparable costs of capital, the principal market in which the investment trades and enterprise values, among other factors. Investments may be categorized based on the types of inputs used in valuing such investments. The level in the GAAP valuation hierarchy in which an investment falls is based on the lowest level input that is significant to the valuation of the investment in its entirety. Transfers between levels are recognized as of the beginning of the reporting period. At December 31, 2022, the Company's investments were categorized as follows: Level Basis for Determining Fair Value Bank Debt (1) Other (2) Equity Total 1 Quoted prices in active markets for identical $ — $ — $ 781,051 $ 781,051 2 Other direct and indirect observable market (3) 91,977,164 — — 91,977,164 3 Independent third-party valuation sources 1,258,052,376 68,451,437 187,504,790 1,514,008,603 3 Valuation Designee valuations with significant unobservable inputs 531,024 1,415,738 874,061 2,820,823 Total $ 1,350,560,564 $ 69,867,175 $ 189,159,902 $ 1,609,587,641 (1) Includes senior secured loans (2) Includes senior secured notes, unsecured debt and subordinated debt (3) For example, quoted prices in inactive markets or quotes for comparable investments 2. Summary of Significant Accounting Policies — (continued) Unobservable inputs used in the fair value measurement of Level 3 investments as of December 31, 2022 included the following: Asset Type Fair Value Valuation Technique Unobservable Input Range (Weighted Avg.) (1) Bank Debt $ 1,143,846,175 Income approach Discount rate 9.4 % - 19.5 % ( 13.8 %) 82,058,774 Market quotations Indicative bid/ask quotes 1 ( 1 ) 26,289,104 Market comparable companies Revenue multiples 1.0 x - 1.4 x ( 1.2 x) 1,324,140 Market comparable companies EBITDA multiples 3.8 x ( 3.8 x) 5,065,205 Option Pricing Model EBITDA/Revenue multiples 2.8 x ( 2.8 x) Implied volatility 20.0 % - 65.0 % ( 64.5 %) Term 1.8 years - 2.3 years ( 2.2 years) Other Corporate Debt 25,065,719 Market comparable companies Book value multiples 1.5 x ( 1.5 x) 18,320,000 Income approach Discount rate 15.3 % ( 15.3 %) 26,481,456 Market quotations Indicative bid/ask quotes 1 ( 1 ) Equity 6,752,959 Income approach Discount rate 13.9 % ( 13.9 %) 30,823,071 Market quotations Indicative bid/ask quotes 1 ( 1 ) 19,060,180 Option Pricing Model EBITDA/Revenue multiples 2.5 x - 12.5 x ( 5.7 x) Implied volatility 40.0 % - 70.0 % ( 59.7 %) Term 0.3 years - 4.3 years ( 1.4 years) 1,878,874 Market comparable companies Revenue multiples 0.8 x - 2.8 x ( 1.3 x) 80,651,665 Market comparable companies EBITDA multiples 3.0 x - 13.5 x ( 12.0 x) 44,282,544 Market comparable companies Book value multiples 0.9 x - 1.5 x ( 1.3 x) 4,929,560 Other (2) N/A N/A $ 1,516,829,426 (1) Weighted by fair value (2) Fair value was determined based on the most recently available net asset value of the issuer adjusted for identified changes in the valuations of the underlying portfolio of the issuer through the measurement date. 2. Summary of Significant Accounting Policies — (continued) Certain fair value measurements may employ more than one valuation technique, with each valuation technique receiving a relative weight between 0% and 100%. Generally, a change in an unobservable input may result in a change to the value of an investment as follows: Input Impact to Value if Impact to Value if Discount rate Decrease Increase Revenue multiples Increase Decrease EBITDA multiples Increase Decrease Book value multiples Increase Decrease Implied volatility Increase Decrease Term Increase Decrease Yield Increase Decrease Changes in investments categorized as Level 3 during the year ended December 31, 2022 were as follows: Independent Third-Party Valuation Bank Debt Other Equity Total Beginning balance $ 1,453,211,129 $ 61,266,010 $ 201,713,142 $ 1,716,190,281 Net realized and unrealized gains (losses) ( 72,703,887 ) ( 1,717,980 ) ( 791,679 ) ( 75,213,546 ) Acquisitions (1) 316,725,939 8,903,407 6,617,242 332,246,588 Dispositions ( 458,402,767 ) — ( 20,079,058 ) ( 478,481,825 ) Transfers into Level 3 (2) 20,461,019 — — 20,461,019 Reclassifications within Level 3 (3) ( 1,239,056 ) — 45,143 ( 1,193,913 ) Ending balance $ 1,258,052,376 $ 68,451,437 $ 187,504,790 $ 1,514,008,603 Net change in unrealized $ ( 72,087,245 ) $ ( 1,904,916 ) $ 3,052,240 $ ( 70,939,921 ) (1) Includes payments received in kind and accretion of original issue and market discounts (2) Comprised of two investments that were transferred from Level 2 due to reduced number of market quotes (3) Comprised of one investment that was reclassified to Advisor Valuation and one that was reclassified from 2. Summary of Significant Accounting Policies — (continued) Valuation Designee Valuation Bank Debt Other Equity Total Beginning balance $ — $ 2,888,000 $ 2,197,030 $ 5,085,030 Net realized and unrealized gains (losses) ( 5,994 ) ( 15,342 ) ( 1,089,420 ) ( 1,110,756 ) Acquisitions (1) 5,994 — — 5,994 Dispositions ( 708,032 ) ( 1,456,920 ) ( 188,406 ) ( 2,353,358 ) Reclassifications within Level 3 (2) 1,239,056 — ( 45,143 ) 1,193,913 Ending balance $ 531,024 $ 1,415,738 $ 874,061 $ 2,820,823 Net change in unrealized $ ( 5,994 ) $ ( 5,304 ) $ ( 487,476 ) $ ( 498,774 ) (1) Includes payments received in kind and accretion of original issue and market discounts (2) Comprised of one investment that was reclassified to Advisor Valuation and one that was reclassified from At December 31, 2021, the Company’s investments were categorized as follows: Level Basis for Determining Fair Value Bank Debt (1) Other (2) Equity Total 1 Quoted prices in active markets for identical $ — $ — $ 2,469,679 $ 2,469,679 2 Other direct and indirect observable market (3) 117,393,132 — — 117,393,132 3 Independent third-party valuation sources that 1,453,211,129 61,266,010 201,713,142 1,716,190,281 3 Advisor valuations with significant unobservable inputs — 2,888,000 2,197,030 5,085,030 Total $ 1,570,604,261 $ 64,154,010 $ 206,379,851 $ 1,841,138,122 (1) Includes senior secured loans (2) Includes senior secured notes, unsecured debt and subordinated debt (3) For example, quoted prices in inactive markets or quotes for comparable investments 2. Summary of Significant Accounting Policies — (continued) Unobservable inputs used in the fair value measurement of Level 3 investments as of December 31, 2021 included the following: Asset Type Fair Value Valuation Technique Unobservable Input Range (Weighted Avg.) (1) Bank Debt $ 1,371,330,586 Income approach Discount rate 4.2 % - 14.0 % ( 9.2 %) 47,563,454 Market quotations Indicative bid/ask quotes 1 ( 1 ) 14,464,052 Market comparable companies Revenue multiples 1.3 x - 3.7 x ( 1.6 x) 12,942,417 Market comparable companies EBITDA multiples 5.3 x - 8.3 x ( 7.9 x) 6,910,620 Option Pricing Model EBITDA/Revenue multiples 4.8 x ( 4.8 x) Implied volatility 65.0 % ( 65.0 %) Term 3.3 years ( 3.3 years) Other Corporate Debt 41,381,438 Market comparable companies Book value multiples 1.3 x ( 1.3 x) 19,791,221 Income approach Discount rate 10.1 % ( 10.1 %) 2,888,000 Market quotations Indicative bid/ask quotes 1 ( 1 ) 93,351 Market comparable companies Revenue multiples 3.7 x ( 3.7 x) Equity 7,756,900 Income approach Discount rate 3.5 % - 12.5 % ( 11.6 %) 27,172,807 Market quotations Indicative bid/ask quotes 1 ( 1 ) 43,042,457 Option Pricing Model EBITDA/Revenue multiples 1.7 x - 12.5 x ( 9.1 x) Implied volatility 35.0 % - 70.0 % ( 49.4 %) Term 0.8 years - 3.9 years ( 2.5 years) 433,644 Market comparable companies Revenue multiples 0.7 x - 1.1 x ( 1.0 x) 77,824,784 Market comparable companies EBITDA multiples 5.3 x - 14.0 x ( 13.5 x) 34,082,000 Market comparable companies Book value multiples 1.3 x ( 1.3 x) 13,597,580 Other (2) N/A N/A $ 1,721,275,311 (1) Weighted by fair value (2) Fair value was determined based on the most recently available net asset value of the issuer adjusted for identified changes in the valuations of the underlying portfolio of the issuer through the measurement date. 2. Summary of Significant Accounting Policies — (continued) Changes in investments categorized as Level 3 during the year ended December 31, 2021 were as follows: Independent Third-Party Valuation Bank Debt Other Equity Total Beginning balance $ 1,281,636,688 $ 95,923,481 $ 179,525,253 $ 1,557,085,422 Net realized and unrealized gains (losses) 2,039,545 ( 4,460,974 ) 57,820,796 55,399,367 Acquisitions (1) 671,635,821 5,909,503 25,769,005 703,314,329 Dispositions ( 487,099,264 ) ( 5,250,000 ) ( 61,670,446 ) ( 554,019,710 ) Transfers out of Level 3 (2) ( 15,001,661 ) — — ( 15,001,661 ) Reclassifications within Level 3 (3) — ( 30,856,000 ) 268,534 ( 30,587,466 ) Ending balance $ 1,453,211,129 $ 61,266,010 $ 201,713,142 $ 1,716,190,281 Net change in unrealized appreciation/depreciation $ 1,748,890 $ ( 4,460,974 ) $ 60,629,946 $ 57,917,862 (1) Includes payments received in kind and accretion of original issue and market discounts (2) Comprised of three investments that were transferred to Level 2 due to increased observable market activity (3) Comprised of one investment that was reclassified to Advisor Valuation and two that were reclassified from Advisor Valuation Advisor Valuation Bank Debt Other Equity Total Beginning balance $ — $ — $ 2,060,061 $ 2,060,061 Net realized and unrealized gains (losses) — 1,507,234 477,643 1,984,877 Dispositions — ( 29,475,234 ) ( 72,140 ) ( 29,547,374 ) Reclassifications within Level 3 (1) — 30,856,000 ( 268,534 ) 30,587,466 Ending balance $ — $ 2,888,000 $ 2,197,030 $ 5,085,030 Net change in unrealized appreciation/depreciation $ — $ 6,992,000 $ 476,795 $ 7,468,795 (1) Comprised of two investments that were reclassified to Independent Third-Party Valuation and one that was reclassified from Independent Third-Party Valuation 2. Summary of Significant Accounting Policies — (continued) Investment Transactions Investment transactions are recorded on the trade date, except for private transactions that have conditions to closing, which are recorded on the closing date. The cost of investments purchased is based upon the purchase price plus those professional fees which are specifically identifiable to the investment transaction. Realized gains and losses on investments are recorded based on the specific identification method, which typically allocates the highest cost inventory to the basis of investments sold. Cash and Cash Equivalents Cash consists of amounts held in accounts with the custodian bank. Cash equivalents consist of highly liquid investments with an original maturity of generally 60 days or less and may not be insured by the FDIC or may exceed federally insured limits. Cash equivalents are classified as Level 1 in the GAAP valuation hierarchy. There was no restricted cash at December 31, 2022 or December 31, 2021 . Restricted Investments The Company may invest without limitation in instruments that are subject to legal or contractual restrictions on resale. These instruments generally may be resold to institutional investors in transactions exempt from registration or to the public if the securities are registered. Disposal of these investments may involve time-consuming negotiations and additional expense, and prompt sale at an acceptable price may be difficult. Information regarding restricted investments is included at the end of the Consolidated Schedule of Investments. Restricted investments, including any restricted investments in affiliates, are valued in accordance with the investment valuation policies discussed above. Foreign Currency Investments The Company may invest in instruments traded in foreign countries and denominated in foreign currencies. Foreign currency denominated investments comprised approximately 0.5 % and 0.5 % of total investments at December 31, 2022 and December 31, 2021, respectively. Such positions were converted at the respective closing foreign exchange rates in effect at December 31, 2022 and December 31, 2021 and reported in U.S. dollars. Purchases and sales of investments and income and expense items denominated in foreign currencies, when they occur, are translated into U.S. dollars based on the foreign exchange rates in effect on the respective dates of such transactions. The portion of gains and losses on foreign investments resulting from fluctuations in foreign currencies is included in net realized and unrealized gain or loss from investments. Investments in foreign companies and securities of foreign governments may involve special risks and considerations not typically associated with investing in U.S. companies and securities of the U.S. government. These risks include, among other things, revaluation of currencies, less reliable information about issuers, different transaction clearance and settlement practices, and potential future adverse political and economic developments. Moreover, investments in foreign companies and securities of foreign governments and their markets may be less liquid and their prices more volatile than those of comparable U.S. companies and the U.S. government. 2. Summary of Significant Accounting Policies — (continued) Derivatives In order to mitigate certain currency exchange and interest rate risks, the Company may enter into certain derivative transactions. All derivatives are subject to a master netting agreement and are reported at their gross amounts as either assets or liabilities in the Consolidated Statements of Assets and Liabilities. Transactions entered into are accounted for using the mark-to-market method with the resulting change in fair value recognized in earnings for the current period. Risks may arise upon entering into these contracts from the potential inability of counterparties to meet the terms of their contracts and from unanticipated movements in interest rates and the value of foreign currencies relative to the U.S. dollar. Certain derivatives may also require the Company to pledge assets as collateral to secure its obligations. During the years ended December 31, 2022 and 2021 , the Company did no t enter into any derivative transactions nor hold any derivative positions. Valuations of derivatives are determined using observable market inputs other than quoted prices in active markets for identical assets and, accordingly, are generally classified as Level 2 in the GAAP valuation hierarchy. Deferred Debt Issuance Costs Certain costs incurred in connection with the issuance and/or extension of debt of the Company and its subsidiaries were capitalized and are being amortized on a straight-line basis over the estimated life of the respective instruments. The impact of utilizing the straight-line amortization method versus the effective-interest method is not material to the operations of the Company. Revenue Recognition Interest and dividend income, including income paid in kind, is recorded on an accrual basis, when such amounts are considered collectible. Origination, structuring, closing, commitment and other upfront fees, including original issue discounts, earned with respect to capital commitments are generally amortized or accreted into interest income over the life of the respective debt investment, as are end-of-term or exit fees receivable upon repayment of a debt investment. Other fees, including certain amendment fees, prepayment fees and commitment fees on broken deals, are recognized as earned. Prepayment fees and similar income due upon the early repayment of a loan or debt security are recognized when earned and are included in interest income. Certain debt investments are purchased at a discount to par as a result of the underlying credit risks and financial results of the issuer, as well as general market factors that influence the financial markets as a whole. Discounts on the acquisition of corporate bonds are generally amortized using the effective-interest or constant-yield method assuming there are no questions as to collectability. When principal payments on a loan are received in an amount in excess of the loan’s amortized cost, the excess principal payments are recorded as interest income. Income Taxes The Company intends to comply with the requirements of the Internal Revenue Code of 1986, as amended, applicable to regulated investment companies, and to distribute substantially all of its taxable income to its shareholders. Therefore, no U.S. federal income tax provision is required. The income or loss of SVCP, TCPC Funding I, TCPC Funding II and the SBIC is reported in the respective members' or partners’ income tax returns, as applicable. In accordance with ASC Topic 740 - Income Taxes, the Company recognizes in its consolidated financial statements the effect of a tax position when it is determined that such position is more likely than not, based on the technical merits, to be sustained upon examination. The tax returns of the Company, SVCP, TCPC Funding I, TCPC Funding II and the SBIC remain open for examination by tax authorities for a period of three years from the date they are filed. No such examinations are currently pending. 2. Summary of Significant Accounting Policies — (continued) GAAP requires that certain components of net assets be adjusted to reflect permanent differences between financial and tax reporting. These reclassifications have no effect on net assets or net asset values per share. As of December 31, 2022 and December 31, 2021, the following permanent differences, primarily attributable to tax return of capital, amortization methods for premiums and discounts on fixed income securities and investments in partnerships, were reclassified as follows: December 31, 2022 December 31, 2021 Paid-in capital $ 4,790,255 $ ( 13,563,291 ) Accumulated earnings ( 4,790,255 ) 13,563,291 The tax character of distributions paid was as follows: December 31, 2022 December 31, 2021 Ordinary income $ 73,364,425 $ 55,757,425 Tax return of capital — 13,563,291 $ 73,364,425 $ 69,320,716 The tax-basis components of distributable earnings (accumulated deficit) applicable to the common shareholders of the Company at December 31, 2022 and 2021 were as follows: December 31, 2022 December 31, 2021 Undistributed ordinary income $ 3,233,347 $ — Non-expiring capital loss carryforwards (1) ( 176,325,662 ) ( 158,543,623 ) Net unrealized gains (losses) (2) ( 48,102,232 ) 21,532,581 Total accumulated earnings (losses) $ ( 221,194,547 ) $ ( 137,011,042 ) ______________ (1) Amount available to offset future realized capital gains. (2) The difference between book-basis and tax-basis net unrealized gains (losses) was attributable primarily to the timing and recognition of partnership income, and the accrual of income on securities in default. As of December 31, 2022 and December 31, 2021, gross unrealized appreciation and depreciation for investments and derivatives based on cost for U.S. federal income tax purposes were as follows: December 31, 2022 December 31, 2021 Tax basis of investments $ 1,656,032,096 $ 1,818,611,255 Unrealized appreciation $ 100,832,690 $ 118,437,592 Unrealized depreciation ( 147,277,145 ) ( 95,910,725 ) Net unrealized appreciation (depreciation) $ ( 46,444,455 ) $ 22,526,867 As of December 31, 2022, the following information is provided with respect to the ordinary income distributions paid by the Company. December 31, 2022 Section 163(j) Interest Dividends (1) $ 72,447,054 Interest Related Dividends for Non-U.S. Residents (2) 62,597,226 ______________ (1) Represents the maximum amount allowable by law as interest income eligible to be treated as Section 163(j) interest dividends. (2) Represents the maximum amount allowable as interest-related dividends eligible for exemption from US withholding tax for nonresident aliens and foreign corporations. 2. Summary of Significant Accounting Policies — (continued) Recent Accounting Pronouncements In March 2020 and January 2021, the FASB issued ASU No. 2020-04 and ASU No. 2021-01, respectively, “Reference Rate Reform (Topic 848),” which provides optional expedients and exceptions for applying GAAP to contracts, hedging relationships, and other transactions affected by reference rate reform if certain criteria are met. The amendments apply only to contracts, hedging relationships, and other transactions that reference LIBOR or another reference rate expected to be discontinued because of reference rate reform. ASU 2020-04 is effective and can be adopted by all entities through December 31, 2022. The expedients and exceptions provided by the amendments do not apply to contract modifications and hedging relationships entered into or evaluated after December 31, 2022, except for hedging transactions as of December 31, 2022, that an entity has elected certain optional expedients for and that are retained through the end of the hedging relationship. In December 2022, the FASB issued ASU No. 2022-06, Reference Rate Reform (Topic 848): Deferral of the Sunset Date of Topic 848, which deferred the sunset day of this guidance to December 31, 2024. The Company is currently evaluating the impact of adopting ASU 2020-04 on its consolidated financial statements. In August 2020, the FASB issued ASU No. 2020-06, “Debt-Debt with Conversion and Other Options (Subtopic 470-20) and Derivatives and Hedging-Contracts in Entity’s Own Equity (Subtopic 815-40): Accounting for Convertible Instruments and Contracts in an Entity’s Own Equity,” which simplifies the accounting for convertible instruments by removing the separation models for (1) convertible debt with a cash conversion feature and (2) convertible instruments with a beneficial conversion feature. As a result, after adoption, a convertible debt instrument will be accounted for as a single liability measured at its amortized cost. Additionally, ASU 2020-06 requires the application of the if-converted method to calculate the impact of convertible instruments on diluted earnings per share. ASU 2020-06 is effective for fiscal years beginning after December 15, 2021, with early adoption permitted for fiscal years beginning after December 15, 2020 and can be adopted on either a fully retrospective or modified retrospective basis. The Company adopted ASU 2020-06 under the modified retrospective basis as of January 1, 2022 . The impact of the Company’s adoption under the modified retrospective basis required an adjustment of $ 0.1 million to opening net assets for the remaining unamortized discount on the 2022 Convertible Notes, an increase to our debt balance in the amount of $ 0.1 million as a result of the recombination of the equity conversion component of the 2022 Convertible Notes, and $ 0.1 million lower interest expense on the Consolidated Statements of Operations. The Company’s adoption of this guidance did no t have a material impact on the Company’s financial position, results of operations, or cash flows.

Management Fees, Incentive Fees

Management Fees, Incentive Fees and Other Expenses	12 Months Ended
	Dec. 31, 2022
Management Fees Incentive Fees And Other Expenses [Abstract]
Management Fees Incentive Fees And Other Expenses	3. Management Fees, Incentive Fees and Other Expenses On February 8, 2019, the stockholders of the Company approved an amended investment management agreement to be effective on February 9, 2019 between the Company and the Advisor which (i) reduced the management fee on total assets (excluding cash and cash equivalents) that exceed an amount equal to 200 % of the net asset value of the Company from 1.5 % to 1.0 %, (ii) reduced the incentive compensation on net investment income and net realized gains (reduced by any net unrealized losses) from 20 % to 17.5 % and (iii) reduced the cumulative total return hurdle from 8 % to 7 %. Accordingly, the Company’s management fee is calculated at an annual rate of 1.5 % on total assets (excluding cash and cash equivalents) up to an amount equal to 200 % of the net asset value of the Company, and 1.0 % thereafter. The management fee is calculated on a consolidated basis as of the beginning of each quarter and is payable to the Advisor quarterly in arrears. Incentive compensation is only incurred to the extent the Company’s cumulative total return (after incentive compensation) exceeds a 7 % annual rate on daily weighted-average contributed common equity. Subject to that limitation, incentive compensation is calculated on ordinary income (before incentive compensation) and net realized gains (net of any unrealized depreciation) at rates of 17.5 % on income since the fee reduction on February 8, 2019 and 20 % previously. Incentive compensation is computed as the difference between incentive compensation earned and incentive compensation paid, subject to the total return hurdle, on a cumulative basis since January 1, 2013, and is payable quarterly in arrears. Accordingly, the incentive compensation for any period may include amounts not earned in prior periods (due to the Company’s cumulative total return falling below the total return hurdle in such period), but subsequently earned when the Company’s cumulative total return again exceeds the total return hurdle (such amount, a “Catchup Amount”). During the three months ended June 30, 2020, the Company incurred a Catchup Amount of approximately $ 3.9 million, comprised of amounts related to net investment income for the three months ended March 31, 2020 but not paid in such period due to a temporary decline in asset valuations (the “First Quarter Catchup Amount”). However, rather than receiving all incentive compensation earned as of June 30, 2020, the Advisor voluntarily deferred 5/6 of the First Quarter Catchup Amount to subsequent quarters such that 1/6 of the First Quarter Catchup Amount was paid in each subsequent quarter as the Company’s cumulative performance exceeded the total return hurdle in such quarter. As of December 31, 2021, the Company's cumulative performance continued to exceed the total return hurdle, and as such the incentive fee for the year ended December 31, 2021 included $ 1.9 million, or the final (3/6) of the 2020 First Quarter Catchup Amount. A reserve for incentive compensation is accrued based on the amount of any additional incentive compensation that would have been payable to the Advisor assuming a hypothetical liquidation of the Company at net asset value on the balance sheet date. As of December 31, 2022 and December 31, 2021, no such reserve was accrued. The Company bears all expenses incurred in connection with its business, including fees and expenses of outside contracted services, such as custodian, administrative, legal, audit and tax preparation fees, costs of valuing investments, insurance costs, brokers’ and finders’ fees relating to investments, and any other transaction costs associated with the purchase and sale of investments.

Debt

Debt	12 Months Ended
	Dec. 31, 2022
Debt Disclosure [Abstract]
Debt	4. Debt Debt is comprised of unsecured notes due August 2024 issued by the Company (the “2024 Notes”), unsecured notes due February 2026 issued by the Company (the “2026 Notes”), amounts outstanding under a senior secured revolving, multi-currency credit facility issued by SVCP (the “Operating Facility”), amounts outstanding under a senior secured revolving credit facility issued by TCPC Funding II (“Funding Facility II”) and debentures guaranteed by the SBA (the “SBA Debentures”). Prior to being repaid on March 1, 2022 , debt included $ 140.0 million in convertible senior unsecured notes due March 2022 issued by the Company (the "2022 Convertible Notes"). Prior to being repaid on September 17, 2021 , debt included $ 175.0 million in unsecured notes due August 2022 issued by the Company (the "2022 Notes"). Total debt outstanding and available at December 31, 2022 was as follows: Maturity Rate Carrying (1) Available Total Operating Facility 2026 L+ 1.75 % (2) $ 123,889,980 $ 176,110,020 $ 300,000,000 (3) Funding Facility II 2025 L+ 2.00 % (4) 100,000,000 100,000,000 200,000,000 (5) SBA Debentures 2024 − 2031 2.52 % (6) 150,000,000 10,000,000 160,000,000 2024 Notes ($ 250 million par) 2024 3.900 % 248,997,527 — 248,997,527 2026 Notes ($ 325 million par) 2026 2.850 % 326,174,734 — 326,174,734 Total leverage 949,062,241 $ 286,110,020 $ 1,235,172,261 Unamortized issuance costs ( 5,056,427 ) Debt, net of unamortized issuance costs $ 944,005,814 (1) Except for the 2024 Notes and the 2026 Notes, all carrying values are the same as the principal amounts outstanding. (2) As of December 31, 2022 , $ 7.9 million of the outstanding amount bore interest at a rate of EURIBOR + 2.00 % and $ 16.0 million of the outstanding amount bore interest at a rate of Prime + 1.00 %. (3) Operating Facility includes a $ 100.0 million accordion which allows for expansion of the facility to up to $ 400.0 million subject to consent from the lender and other customary conditions. (4) Subject to certain funding requirements (5) Funding Facility II includes a $ 50.0 million accordion which allows for expansion of the facility to up to $ 250.0 million subject to consent from the lender and other customary conditions. (6) Weighted-average interest rate, excluding fees of 0.35 % or 0.36 %. Total debt outstanding and available at December 31, 2021 was as follows: Maturity Rate Carrying (1) Available Total Operating Facility 2026 L+ 1.75 % (2) $ 154,479,544 $ 145,520,456 $ 300,000,000 (3) Funding Facility II 2025 L+ 2.00 % (4) — 200,000,000 200,000,000 (5) SBA Debentures 2024 − 2031 2.52 % (6) 150,000,000 10,000,000 160,000,000 2022 Convertible Notes ($ 140 million par) 2022 4.625 % 139,886,910 — 139,886,910 2024 Notes ($ 250 million par) 2024 3.900 % 248,423,170 — 248,423,170 2026 Notes ($ 325 million par) 2026 2.850 % 326,549,826 — 326,549,826 Total leverage 1,019,339,450 $ 355,520,456 $ 1,374,859,906 Unamortized issuance costs ( 6,878,110 ) Debt, net of unamortized issuance costs $ 1,012,461,340 (1) Except for the 2022 Convertible notes, the 2022 Notes and the 2024 Notes, all carrying values are the same as the principal amounts outstanding. (2) As of December 31, 2021, $ 8.4 million of the outstanding amount bore interest at a rate of EURIBOR + 2.00 % and $ 34.1 million of the outstanding amount bore interest at a rate of Prime + 1.00 % (3) Operating Facility includes a $ 100.0 million accordion which allows for expansion of the facility to up to $ 400.0 million subject to consent from the lender and other customary conditions. (4) Subject to certain funding requirements (5) Funding Facility II includes a $ 50.0 million accordion which allows for expansion of the facility to up to $ 250.0 million subject to consent from the lender and other customary conditions. (6) Weighted-average interest rate, excluding fees of 0.35 % or 0.36 %. 4. Debt — (continued) The combined weighted-average interest rates on total debt outstanding at December 31, 2022 and December 31, 2021 were 3.90 % and 3.26 %, respectively. Total expenses related to debt included the following: Year Ended December 31, 2022 2021 2020 Interest expense $ 35,516,749 $ 35,714,645 $ 36,488,786 Amortization of deferred debt issuance costs 3,011,599 3,703,342 3,504,578 Commitment fees 830,548 1,570,773 1,243,671 Total $ 39,358,896 $ 40,988,760 $ 41,237,035 Outstanding debt is carried at amortized cost in the Consolidated Statements of Assets and Liabilities. As of December 31, 2022 , the estimated fair values of the Operating Facility, Funding Facility II and the SBA Debentures approximated their carrying values, and the 2024 Notes and the 2026 Notes had estimated fair values of $ 238.7 million and $ 290.1 million, respectively. As of December 31, 2021, the estimated fair values of the Operating Facility, Funding Facility II and the SBA Debentures approximated their carrying values, and the 2022 Convertible Notes, the 2024 Notes and the 2026 Notes had estimated fair values of $ 141.2 million, $ 261.8 million and $ 326.7 million, respectively. The estimated fair values of the Operating Facility, Funding Facility II and the SBA Debentures were determined by discounting projected remaining payments using market interest rates for borrowings of the Company and entities with similar credit risks at the measurement date. The estimated fair values of the 2022 Convertible Notes, 2024 Notes and 2026 Notes were determined using market quotations. The estimated fair values of the Operating Facility, Funding Facility II, the 2022 Convertible Notes, the 2024 Notes, the 2026 Notes and the SBA Debentures as prepared for disclosure purposes were deemed to be Level 3 in the GAAP valuation hierarchy. Convertible Unsecured Notes On August 30, 2016, the Company issued $ 140.0 million of convertible senior unsecured notes, which matured on March 1, 2022 . The 2022 Convertible Notes were general unsecured obligations of the Company, and ranked structurally junior to the Operating Facility, Funding Facility II and the SBA Debentures. The Company did not have the right to redeem the 2022 Convertible Notes prior to maturity. The 2022 Convertible Notes bore interest at an annual rate of 4.625 %, paid semi-annually. In certain circumstances, the 2022 Convertible Notes could have been converted into cash, shares of the Company’s common stock or a combination of cash and shares of common stock (such combination to be at the Company’s election), at an initial conversion rate of 54.5019 shares of common stock per one thousand dollar principal amount of the 2022 Convertible Notes, which is equivalent to an initial conversion price of approximately $ 18.35 per share of common stock, subject to customary anti-dilutional adjustments. The initial conversion price was approximately 10.0 % above the $ 16.68 per share closing price of the Company’s common stock on August 30, 2016. Prior to its maturity on March 1, 2022, the principal amount of the 2022 Convertible Notes exceeded the value of the conversion rate multiplied by the per share closing price of the Company’s common stock. Therefore, no additional shares were added to the calculation of diluted earnings per common share and weighted average common shares outstanding. The 2022 Convertible Notes were accounted for in accordance with ASC Topic 470-20 – Debt with Conversion and Other Options . Upon conversion of any of the 2022 Convertible Notes, the Company intended to pay the outstanding principal amount in cash and, to the extent that the conversion value exceeds the principal amount, had the option to pay the excess amount in cash or shares of the Company’s common stock (or a combination of cash and shares), subject to the requirements of the respective indenture. Prior to the adoption of ASU 2020-06, the Company had determined that the embedded conversion options in 2022 Convertible Notes were not required to be separately accounted for as derivatives under GAAP. At the time of issuance the estimated values of the debt and equity components of the 2022 Convertible Notes were approximately 97.6 % and 2.4 %, respectively. During the year ended December 31, 2022, the Company adopted ASU 2020-06 using the modified retrospective basis. In accordance with this guidance, the Company has recombined the equity conversion component of our 2022 Convertible Notes outstanding, and accounted for the 2022 Convertible Notes as a single liability measured at amortized cost. This resulted in a cumulative decrease to additional paid in capital of $ 3.3 million, partially offset by a decrease to accumulated loss of $ 3.2 million as of January 1, 2022 (see Note 2). Prior to the close of business on the business day immediately preceding September 1, 2021, holders were permitted to convert their 2022 Convertible Notes only under certain circumstances set forth in the indenture governing the terms of the 2022 Convertible Notes. On or after September 1, 2021 until the close of business on the scheduled trading day immediately preceding March 1, 2022, holders may have converted their 2022 Convertible Notes at any time. Upon conversion, the Company would pay or deliver, as the case may be, at its election, cash, shares of the Company’s common stock or a combination of cash and shares of the Company’s common stock, subject to the requirements of the indenture. No notes were converted prior to the notes maturing on March 1, 2022 . 4. Debt — (continued) The original issue discounts equal to the equity components of the 2022 Convertible Notes were recorded in “paid-in capital in excess of par” in the accompanying Consolidated Statements of Assets and Liabilities. As a result, the Company records interest expense comprised of both stated interest and amortization of the original issue discounts. At the time of issuance, the equity components of the 2022 Convertible Notes were $ 3.3 million. As of December 31, 2022 and December 31, 2021, the components of the carrying values of the 2022 Convertible Notes were as follows: December 31, 2022 December 31, 2021 Principal amount of debt NA $ 140,000,000 Original issue discount, net of accretion NA ( 113,090 ) Carrying value of debt NA $ 139,886,910 For the years ended December 31, 2022, 2021 and 2020, the components of interest expense for the convertible notes were as follows: Year Ended December 31, 2022 2021 2020 Stated interest expense $ 1,079,167 $ 6,475,000 $ 6,475,000 Amortization of original issue discount — 667,113 635,485 Total interest expense $ 1,079,167 $ 7,142,113 $ 7,110,485 The estimated effective interest rate of the debt component of the 2022 Convertible Notes, equal to the stated interest of 4.625 % plus the accretion of the original issue discount, was approximately 5.125 % for the year ended December 31, 2022 and December 30, 2021. The Company adopted ASU 2020-06 under the modified retrospective basis as of January 1, 2022. As a result of the adoption, the Company has no t recognized any amortization of original discount on the 2022 Convertible Notes during the year ended December 31, 2022 (see Note 2). Unsecured Notes On August 4, 2017, the Company issued $ 125.0 million of unsecured notes that mature on August 11, 2022 , unless previously repurchased or redeemed in accordance with their terms. On November 3, 2017, the Company issued an additional $ 50.0 million of the 2022 Notes. The 2022 Notes bore interest at an annual rate of 4.125 %, payable semi-annually , and all principal were due upon maturity. The 2022 Notes were general unsecured obligations of the Company and ranked structurally junior to the Operating Facility, Funding Facility I, Funding Facility II and the SBA Debentures, and ranked pari passu with the 2022 Convertible Notes, the 2024 Notes and the 2026 Notes. On September 17, 2021 and pursuant to the indenture governing the 2022 Notes, the Company redeemed all $ 175.0 million of the 2022 Notes then outstanding at a price equal to par plus a "make whole" premium, and accrued and unpaid interest. In connection with the redemption, the Company recognized a $ 6.2 million loss on extinguishment of debt as reflected in the Consolidated Statement of Operations. On August 23, 2019, the Company issued $ 150.0 million of unsecured notes that mature on August 23, 2024 , unless previously repurchased or redeemed in accordance with their terms. On November 26, 2019, the Company issued an additional $ 50.0 million of the 2024 Notes and on October 2, 2020, the Company issued an additional $ 50.0 million of the 2024 Notes for a total outstanding aggregate principal amount of $ 250.0 million. The 2024 Notes bear interest at an annual rate of 3.900 %, payable semi-annually , and all principal is due upon maturity. The 2024 Notes are general unsecured obligations of the Company and rank structurally junior to the Operating Facility, Funding Facility I, Funding Facility II and the SBA Debentures, and rank pari passu with the 2026 Notes. The 2024 Notes may be redeemed in whole or part at the Company's option at a redemption price equal to par plus a "make whole" premium, as determined pursuant to the indenture governing the 2024 Notes, and any accrued and unpaid interest. The 2024 Notes were issued at a discount to the principal amount. 4. Debt — (continued) On February 9, 2021, the Company issued $ 175.0 million of unsecured notes that mature on February 9, 2026 , unless previously repurchased or redeemed in accordance with their terms. The 2026 Notes were issued at a discount to the principal amount. On August 27, 2021, the Company issued an additional $ 150.0 million of the 2026 Notes, at a premium to par, for a total outstanding aggregate principal amount of $ 325.0 million. The 2026 Notes bear interest at an annual rate of 2.850 %, payable semi-annually , and all principal is due upon maturity. The 2026 Notes are general unsecured obligations of the Company and rank structurally junior to the Operating Facility, Funding Facility I, Funding Facility II and the SBA Debentures, and rank pari passu with the 2024 Notes. The 2026 Notes may be redeemed in whole or part at the Company's option at a redemption price equal to par plus a "make whole" premium, as determined pursuant to the indenture governing the 2026 Notes, and any accrued and unpaid interest. As of December 31, 2022 and December 31, 2021, the components of the carrying value of 2024 Notes and 2026 Notes were as follows: December 31, 2022 December 31, 2021 2024 Notes 2026 Notes 2024 Notes 2026 Notes Principal amount of debt $ 250,000,000 $ 325,000,000 $ 250,000,000 $ 325,000,000 Original issue (discount)/ premium, net of accretion ( 1,002,473 ) 1,174,734 ( 1,576,830 ) 1,549,826 Carrying value of debt $ 248,997,527 $ 326,174,734 $ 248,423,170 $ 326,549,826 For the years ended December 31, 2022 and 2021, the components of interest expense for the 2022 Notes, 2024 Notes and 2026 Notes were as follows: Year Ended December 31, 2022 2021 2020 2022 Notes 2024 Notes 2026 Notes 2022 Notes 2024 Notes 2026 Notes 2022 Notes 2024 Notes 2026 Notes Stated interest expense NA $ 9,750,000 $ 9,262,500 $ 5,133,333 $ 9,750,000 $ 5,933,542 $ 7,218,750 $ 8,282,083 N/A Amortization of original issue discount/ (premium) NA 574,357 ( 375,092 ) 94,927 551,261 ( 54,174 ) 128,829 463,837 N/A Total interest expense NA $ 10,324,357 $ 8,887,408 $ 5,228,260 $ 10,301,261 $ 5,879,368 $ 7,347,579 $ 8,745,920 N/A 4. Debt — (continued) Operating Facility The Operating Facility consists of a revolving, multi-currency credit facility which provides for amounts to be drawn up to $ 300.0 million, subject to certain collateral and other restrictions. The Operating Facility includes a $ 100.0 million accordion feature which allows for expansion of the facility to up to $ 400.0 million subject to consent from the lender and other customary conditions. Most of the cash and investments held directly by SVCP, as well as the net assets of TCPC Funding, TCPC Funding II and the SBIC, are included in the collateral for the facility. On June 22, 2021, the Operating Facility was amended to (i) extend the maturity date by two years from May 6, 2024 to May 6, 2026 , (ii) change the interest rate applicable to borrowings to (a) LIBOR plus an applicable margin equal to either 1.75 % or 2.00 %, or (b) in the case of ABR borrowings, generally the prime rate in effect plus an applicable margin of either 0.75 % or 1.00 % depending on a ratio of the borrowing base to the facility commitments in both cases, and (iii) reduce commitment fees on the undrawn portion of the Operating Facility above the minimum utilization amount from 0.50 % per annum to 0.375 % per annum. Undrawn portions of the Operating Facility below the minimum utilization amount continued to accrue commitment fees at a rate of 0.50 % per annum until March 1, 2022, the date on which the March 2022 Convertible Notes were terminated in full, after which time they accrue at a rate of 2.00 % per annum. The Operating Facility may be terminated, and any outstanding amounts there under may become due and payable, should SVCP fail to satisfy certain financial or other covenants. As of December 31, 2022, SVCP was in full compliance with such covenants. Funding Facility I Funding Facility I was a senior secured revolving credit facility which provided for amounts to be drawn up to $ 300.0 million, subject to certain collateral and other restrictions and had a maturity of May 31, 2023 . Borrowings under Funding Facility I bore interest at a rate of LIBOR plus either 2.00 % or 2.35 % per annum, subject to certain funding requirements, plus an administrative fee of 0.25 % per annum. In addition to amounts due on outstanding debt, the facility accrued commitment fees of 0.25 % per annum on the unused portion of the facility, or 0.50 % per annum when the unused portion is greater than 33 % of the total facility, plus an administrative fee of 0.25 % per annum. The facility was terminated in August 2020 and replaced with Funding Facility II. Funding Facility II Funding Facility II is a senior secured revolving credit facility which provides for amounts to be drawn up to $ 200.0 million, subject to certain collateral and other restrictions. The facility contains an accordion feature which allows for expansion of the facility to up to $ 250.0 million subject to consent from the lender and other customary conditions. The cash and investments of TCPC Funding II are included in the collateral for the facility. Borrowings under Funding Facility II bear interest at a rate of LIBOR plus 2.00 % per annum, subject to certain funding requirements, plus a 0.35 % fee on drawn amounts and an administrative fee of 0.15 % per annum on the facility. The facility also accrues commitment fees of 0.35 % per annum on the unused portion of the facility. The facility may be terminated, and any outstanding amounts thereunder may become due and payable, should TCPC Funding II fail to satisfy certain financial or other covenants. As of December 31, 2022, TCPC Funding II was in full compliance with such covenants. 4. Debt — (continued) SBA Debentures As of December 31, 2022 , the SBIC is able to issue up to $ 160.0 million in SBA Debentures, subject to funded regulatory capital and other customary regulatory requirements. As of December 31, 2022 , SVCP had committed $ 87.5 million of regulatory capital to the SBIC, all of which had been funded. SBA Debentures are non-recourse and may be prepaid at any time without penalty. Once drawn, the SBIC debentures bear an interim interest rate of LIBOR plus 30 basis points. The rate then becomes fixed at the time of SBA pooling, which occurs twice each year, and is set to the then-current 10-year treasury rate plus a spread and an annual SBA charge. SBA Debentures outstanding as of December 31, 2022 and December 31, 2021 were as follows: Issuance Date Maturity Debenture Fixed SBA September 24, 2014 September 1, 2024 $ 18,500,000 3.02 % 0.36 % March 25, 2015 March 1, 2025 9,500,000 2.52 % 0.36 % September 23, 2015 September 1, 2025 10,800,000 2.83 % 0.36 % March 23, 2016 March 1, 2026 4,000,000 2.51 % 0.36 % September 21, 2016 September 1, 2026 18,200,000 2.05 % 0.36 % September 20, 2017 September 1, 2027 14,000,000 2.52 % 0.36 % March 21, 2018 March 1, 2028 8,000,000 3.19 % 0.35 % September 19, 2018 September 1, 2028 15,000,000 3.55 % 0.35 % September 25, 2019 September 1, 2029 40,000,000 2.28 % 0.35 % September 22, 2021 September 1, 2031 12,000,000 1.30 % 0.35 % $ 150,000,000 2.52 % * * Weighted-average interest rate

Commitments, Contingencies, Con

Commitments, Contingencies, Concentration of Credit Risk and Off-Balance Sheet Risk	12 Months Ended
	Dec. 31, 2022
Commitments Contingencies Concentration Of Credit Risk And Off Balance Sheet Risk [Abstract]
Commitments, Contingencies, Concentration of Credit Risk and Off-Balance Sheet Risk	5. Commitments, Contingencies, Concentration of Credit Risk and Off-Balance Sheet Risk SVCP, TCPC Funding, TCPC Funding II and the SBIC conduct business with brokers and dealers that are primarily headquartered in New York and Los Angeles and are members of the major securities exchanges. Banking activities are conducted with a firm headquartered in the San Francisco area. In the normal course of business, investment activities involve executions, settlement and financing of various transactions resulting in receivables from, and payables to, brokers, dealers and the custodian. These activities may expose the Company to risk in the event that such parties are unable to fulfill contractual obligations. Management does not anticipate any material losses from counterparties with whom it conducts business. Consistent with standard business practice, the Company, SVCP, TCPC Funding, TCPC Funding II and the SBIC enter into contracts that contain a variety of indemnifications, and are engaged from time to time in various legal actions. The maximum exposure under these arrangements and activities is unknown. However, management expects the risk of material loss to be remote. 5. Commitments, Contingencies, Concentration of Credit Risk and Off-Balance Sheet Risk — (continued) The Consolidated Schedules of Investments include certain revolving loan facilities and other commitments with unfunded balances at December 31, 2022 and December 31, 2021 as follows: Unfunded Balances Issuer Maturity December 31, 2022 December 31, 2021 2-10 Holdco, Inc. 3/26/2026 $ 723,670 $ 723,670 Accordion Partners LLC 8/29/2029 278,571 N/A Accordion Partners LLC 8/31/2028 123,810 N/A Acquia, Inc. 10/31/2025 779,225 1,891,323 Alcami Corporation 12/21/2028 1,420,290 N/A ALCV Purchaser, Inc. (AutoLenders) 4/15/2026 N/A 662,974 Alpine Acquisition Corp II (48Forty) 11/30/2026 179,071 N/A AmeriLife Holdings, LLC 8/31/2029 151,515 N/A AmeriLife Holdings, LLC 8/31/2028 227,273 N/A Applause App Quality, Inc. 9/30/2025 1,133,535 1,133,535 Appriss Health, LLC (PatientPing) 5/6/2027 544,531 544,531 Aras Corporation 4/13/2027 581,555 872,333 Avalara, Inc. 10/19/2028 45,000 N/A Backoffice Associates Holdings, LLC (Syniti) 4/30/2026 360,063 1,285,940 Blackbird Purchaser, Inc. (Ohio Transmission Corp.) 4/8/2027 3,384,549 3,384,549 BW Holding, Inc. (Brook & Whittle) 12/14/2029 N/A 1,110,271 Calceus Acquisition, Inc. (Cole Haan) 2/19/2025 N/A 19,298,713 CareATC, Inc. 3/14/2024 N/A 607,288 Certify, Inc. 2/28/2024 797,158 797,158 Colony Display, LLC 6/30/2026 N/A 3,538,254 CSG Buyer, Inc. (Core States) 3/31/2028 4,381,748 N/A Bonterra LLC (fka CyberGrants Holdings, LLC) 9/8/2027 397,558 555,556 Dude Solutions Holdings, Inc. 6/13/2025 N/A 2,207,896 Elevate Brands OpCo, LLC 3/15/2027 16,000,000 N/A Emerald Technologies (U.S.) AcquisitionCo, Inc. 12/29/2026 998,683 N/A ESO Solutions, Inc. 5/3/2027 1,750,277 1,750,277 Freedom Financial Network Funding, LLC 9/21/2027 2,500,000 N/A Fusion Holding Corp. (Finalsite) 9/15/2027 37,736 N/A Fusion Risk Management, Inc. 8/30/2028 35,870 N/A GC Champion Acquisition LLC (Numerix) 8/21/2028 193,947 N/A Grey Orange Incorporated 5/6/2026 1,676,151 N/A Greystone Select Company II, LLC (Passco) 3/21/2027 11,818,182 N/A GTY Technology Holdings Inc. 7/9/2029 46,154 N/A Homerenew Buyer, Inc. (Project Dream) 11/23/2027 2,095,944 1,165,501 ICIMS, Inc. 8/18/2028 1,503,556 N/A Integrate.com, Inc. (Infinity Data, Inc.) 12/17/2027 1,000,000 1,000,000 Integrity Marketing Acquisition, LLC 8/27/2025 10,254,564 N/A IT Parent, LLC (Insurance Technologies) 10/1/2026 166,667 458,333 James Perse Enterprises, Inc. 9/8/2027 1,944,444 1,944,444 Kaseya, Inc. 6/25/2029 200,000 2,419,469 Khoros, LLC (Lithium) 1/3/2024 991,682 1,322,242 Madison Logic Holdings, Inc. 12/30/2027 1,069,947 N/A OCM Luxembourg Baccarat BidCo S.À R.L. (Interblock) (Slovenia) 6/3/2027 18,519 N/A Olaplex, Inc. 1/8/2026 N/A 1,340,000 Opco Borrower, LLC (Giving Home Health Care) 8/19/2027 25,000 N/A Persado, Inc. 6/10/2027 8,608,961 N/A Peter C. Foy & Associates Insurance Services, LLC (PCF Insurance) 11/1/2028 278,157 N/A PHC Buyer, LLC (Patriot Home Care) 5/4/2028 3,959,072 N/A Pluralsight, Inc. 4/6/2027 1,208,564 2,417,128 Porcelain Acquisition Corporation (Paramount) 4/30/2027 N/A 2,686,999 Pueblo Mechanical and Controls, LLC 8/23/2028 155,250 N/A Pueblo Mechanical and Controls, LLC 8/23/2027 58,750 N/A Razor Group GmbH (Germany) 4/30/2025 6,365,227 12,225,405 Sailpoint Technologies Holdings, Inc. 8/16/2028 37,538 N/A Sandata Technologies, LLC 7/23/2024 N/A 2,250,000 SellerX Germany Gmbh & Co. Kg (Germany) 11/23/2025 20,589,674 27,008,105 SEP Eiger BidCo Ltd. (Beqom) (Switzerland) 5/9/2028 1,601,742 N/A SEP Raptor Acquisition, Inc. (Loopio) (Canada) 3/31/2027 1,163,276 1,163,276 SEP Vulcan Acquisition, Inc. (Tasktop) (Canada) 3/16/2027 N/A 1,119,498 Spark Networks, Inc. 7/1/2023 N/A 1,005,887 Streamland Media Midco LLC 8/31/2023 120,000 N/A Suited Connector, LLC 12/1/2027 852,273 1,250,000 SumUp Holdings Luxembourg S.A.R.L. (United Kingdom) 2/17/2026 N/A 15,609,739 Superman Holdings, LLC (Foundation Software) 8/31/2026 1,256,026 1,256,026 Telarix, Inc. 11/17/2023 N/A 357,143 Tempus, LLC (Epic Staffing) 2/5/2027 N/A 2,556,081 5. Commitments, Contingencies, Concentration of Credit Risk and Off-Balance Sheet Risk — (continued) Thermostat Purchaser III, Inc. (Reedy Industries) 8/31/2029 1,329,250 1,329,250 Thras.io, LLC 12/18/2026 8,787,651 8,787,651 Wealth Enhancement Group, LLC 10/4/2027 276,194 N/A Xactly Corporation 7/31/2023 N/A 854,898 Zendesk Inc. 11/22/2028 134,827 N/A Zilliant Incorporated 12/21/2027 518,519 518,518 Total Unfunded Balances 127,137,393 132,409,861

Other Related Party Transaction

Other Related Party Transactions	12 Months Ended
	Dec. 31, 2022
Related Party Transactions [Abstract]
Other Related Party Transactions	6. Other Related Party Transactions The Company, SVCP, TCPC Funding, TCPC Funding II, the SBIC, the Advisor and their members and affiliates may be considered related parties. From time to time, SVCP advances payments to third parties on behalf of the Company which are reimbursable through deductions from distributions to the Company. At December 31, 2022 and December 31, 2021, no such amounts were outstanding. From time to time, the Advisor advances payments to third parties on behalf of the Company and SVCP and receives reimbursement from the Company. At December 31, 2022 and December 31, 2021, amounts reimbursable to the Advisor totaled $ 1.5 million and $ 0.9 million, respectively, as reflected in the Consolidated Statements of Assets and Liabilities. Pursuant to an administration agreement between the Administrator and the Company (the “Administration Agreement”), the Administrator may be reimbursed for costs and expenses incurred by the Administrator for office space rental, office equipment and utilities allocable to the Company, as well as costs and expenses incurred by the Administrator or its affiliates relating to any administrative, operating, or other non-investment advisory services provided by the Administrator or its affiliates to the Company. For the years ended December 31, 2022, 2021 and 2020, expenses allocated pursuant to the Administration Agreement totaled $ 1.8 million, $ 1.9 million and $ 2.2 million, respectively.

Stockholders_ Equity and Divide

Stockholders’ Equity and Dividends	12 Months Ended
	Dec. 31, 2022
Equity [Abstract]
Stockholders’ Equity and Dividends	7. Stockholders’ Equity and Dividends Prior to its discontinuance effective July 7, 2020, the Company had offered an “opt in” dividend reinvestment plan to common stockholders, pursuant to which the dividends payable to those shareholders who so elected would be reinvested in shares of common stock. The Company’s dividends are recorded on the ex-dividend date. The following table summarizes the Company’s dividends declared and paid for the year ended December 31, 2022: Date Declared Record Date Payment Date Type Amount Total Amount February 24, 2022 March 17, 2022 March 31, 2022 Regular $ 0.30 $ 17,330,179 May 4, 2022 June 16, 2022 June 30, 2022 Regular 0.30 17,330,179 August 3, 2022 September 16, 2022 September 30, 2022 Regular 0.30 17,330,179 November 3, 2022 December 16, 2022 December 30, 2022 Regular 0.32 18,485,525 December 15, 2022 December 29, 2022 January 12, 2023 Special 0.05 2,888,363 $ 1.27 $ 73,364,425 7. Stockholders’ Equity and Dividends — (continued) The following table summarizes the Company’s dividends declared and paid for the year ended December 31, 2021: Date Declared Record Date Payment Date Type Amount Total Amount February 25, 2021 March 17, 2021 March 31, 2021 Regular $ 0.30 $ 17,330,179 May 5, 2021 June 16, 2021 June 30, 2021 Regular 0.30 17,330,179 August 2, 2021 September 16, 2021 September 30, 2021 Regular 0.30 17,330,179 November 3, 2021 December 17, 2021 December 31, 2021 Regular 0.30 17,330,179 $ 1.20 $ 69,320,716 On February 24, 2015, the Company’s Board of Directors approved a stock repurchase plan (the “Company Repurchase Plan”) to acquire up to $ 50.0 million in the aggregate of the Company’s common stock at prices at certain thresholds below the Company’s net asset value per share, in accordance with the guidelines specified in Rule 10b-18 and Rule 10b5-1 of the 1934 Act. The Company Repurchase Plan is designed to allow the Company to repurchase its common stock at times when it otherwise might be prevented from doing so under insider trading laws. The Company Repurchase Plan requires an agent selected by the Company to repurchase shares of common stock on the Company’s behalf if and when the market price per share is at certain thresholds below the most recently reported net asset value per share. Under the plan, the agent will increase the volume of purchases made if the price of the Company’s common stock declines, subject to volume restrictions. The timing and amount of any stock repurchased depends on the terms and conditions of the Company Repurchase Plan, the market price of the common stock and trading volumes, and no assurance can be given that any particular amount of common stock will be repurchased. The Company Repurchase Plan was re-approved on October 27, 2022, to be in effect through the earlier of two trading days after the Company’s fourth quarter 2022 earnings release unless further extended or terminated by the Company’s Board of Directors, or such time as the approved $ 50.0 million repurchase amount has been fully utilized, subject to certain conditions. No shares were repurchased by the Company under the Company Repurchase Plan for the years ended December 31, 2022 and 2021 .

Earnings Per Share

Earnings Per Share	12 Months Ended
	Dec. 31, 2022
Earnings Per Share [Abstract]
Earnings Per Share	8. Earnings Per Share In accordance with ASC 260, Earnings per Share , basic earnings per share is computed by dividing earnings available to common shareholders by the weighted average number of shares outstanding during the period. Other potentially dilutive common shares, if any, and the related impact to earnings, are considered when calculating earnings per share on a diluted basis. The following information sets forth the computation of the net increase in net assets per share resulting from operations for the years ended December 31, 2022, 2021 and 2020: Year Ended December 31, 2022 2021 2020 Net increase (decrease) in net assets from operations $ ( 9,225,332 ) $ 133,790,774 $ 71,374,488 Weighted average shares outstanding 57,767,264 57,767,264 57,991,233 Earnings (loss) per share $ ( 0.16 ) $ 2.32 $ 1.23

Subsequent Events

Subsequent Events	12 Months Ended
	Dec. 31, 2022
Subsequent Events [Abstract]
Subsequent Events	9. Subsequent Events On February 15, 2023, the Company’s Board of Directors re-approved the Company Repurchase Plan, to be in effect through the earlier of two trading days after the Company’s first quarter 2023 earnings release or such time as the approved $ 50.0 million repurchase amount has been fully utilized, subject to certain conditions. On February 28, 2023 , the Company’s Board of Directors declared a first quarter dividend of $ 0.32 p er share payable on March 31, 2023 to stockholders of record as of the close of business on March 17, 2023 .

Financial Highlights

Financial Highlights	12 Months Ended
	Dec. 31, 2022
Inventory Disclosure [Abstract]
Financial Highlights	10. Financial Highlights Year Ended December 31, 2022 2021 2020 2019 2018 Per Common Share Per share NAV at beginning of period $ 14.36 $ 13.24 $ 13.21 $ 14.13 $ 14.80 Investment operations: Net investment income before income taxes 1.53 1.26 1.43 1.61 1.59 Excise taxes — — — — 0.00 Net investment income 1.53 1.26 1.43 1.61 1.59 Net realized and unrealized gain (loss) ( 1.69 ) 1.17 ( 0.16 ) ( 1.09 ) ( 0.82 ) Total from investment operations ( 0.16 ) 2.43 1.27 0.52 0.77 Repurchase of common stock — — 0.12 — — Loss on extinguishment of debt — ( 0.11 ) ( 0.04 ) — — Cumulative effect adjustment for the adoption of ASU 2020-06 (7) 0.00 — — — — Ordinary income dividends ( 1.27 ) ( 1.20 ) ( 1.13 ) ( 1.40 ) ( 1.44 ) Tax basis returns of capital — — ( 0.19 ) ( 0.04 ) — Dividends to common shareholders (9) ( 1.27 ) ( 1.20 ) ( 1.32 ) ( 1.44 ) ( 1.44 ) Per share NAV at end of period $ 12.93 $ 14.36 $ 13.24 $ 13.21 $ 14.13 Per share market price at end of period $ 12.94 $ 13.51 $ 11.24 $ 14.05 $ 13.04 Total return based on market value (1) 5.2 % 30.9 % ( 10.6 )% 18.8 % ( 5.2 )% Total return based on net asset value (2) ( 1.1 )% 17.5 % 10.2 % 3.7 % 5.2 % Shares outstanding at end of period 57,767,264 57,767,264 57,767,264 58,766,426 58,774,607 Ratios to average common equity: Net investment income (3) 10.8 % 9.0 % 11.3 % 11.6 % 10.8 % Expenses before incentive fee (4) 9.0 % 9.3 % 10.0 % 9.8 % 8.5 % Expenses and incentive fee (5) 11.3 % 11.5 % 12.1 % 12.3 % 11.2 % Ending common shareholder equity $ 746,753,790 $ 829,456,636 $ 764,986,578 $ 776,318,386 $ 830,474,727 Portfolio turnover rate 19.4 % 35.6 % 28.3 % 35.9 % 32.3 % Weighted-average debt outstanding $ 1,023,880,532 $ 985,506,056 $ 936,157,021 $ 902,977,493 $ 769,065,775 Weighted-average interest rate on debt 3.5 % 3.6 % 3.9 % 4.6 % 4.6 % Weighted-average number of common shares 57,767,264 57,767,264 57,991,233 58,766,362 58,815,216 Weighted-average debt per share $ 17.72 $ 17.06 $ 16.14 $ 15.37 $ 13.08 Asset Coverage: As of December 31, 2022 2021 2020 2019 2018 Debt Debt outstanding (6) $ 949,062,241 $ 1,019,339,449 $ 856,324,371 $ 915,514,071 $ 812,007,389 Asset coverage per $ 1,000 of debt outstanding (8) $ 1,929 $ 1,948 $ 2,058 $ 1,992 $ 2,157 (1) Total return based on market value is calculated by determining the percentage change in market value per share during the period. (2) Total return based on net asset value is calculated by determining the percentage change in net asset value per share during the period, including incentive compensation and all Company expenses including interest and other debt costs. (3) Net of incentive compensation and excise taxes. (4) Includes interest and other debt costs but excludes excise taxes. (5) Includes incentive compensation and all Company expenses including interest and other debt costs. (6) Excludes unamortized debt issuance costs which are netted in the Consolidated Statements of Assets and Liabilities. (7) See Note 2 and 4 for further information related to the adoption of ASU 2020-06. (8) Excludes SBA Debentures. 10. Financial Highlights — (continued) (9) Dividends to common shareholders include a tax return of capital of $ 0 ($ 0.00 per share), $ 13,563,291 ($ 0.23 per share), $ 11,313,222 ($ 0.19 per share), $ 2,486,618 ($ 0.04 per share), and $ 0 ($ 0.00 per share) for the years ended December 31, 2022, 2021, 2020, 2019 and 2018, respectively.

Senior Securities

Senior Securities	12 Months Ended
	Dec. 31, 2022
Senior Securities [Abstract]
Senior Securities	11. Senior Securities Information about the Company's senior securities is shown in the following table as of the end of each of the last ten fiscal years and the period ended December 31, 2022. Class and Year Total Amount (1) Asset Coverage (2) Involuntary Liquidating (3) Average Market (4) Operating Facility Fiscal Year 2022 $ 123,890 $ 6,906 — N/A Fiscal Year 2021 154,480 11,020 — N/A Fiscal Year 2020 120,454 9,508 — N/A Fiscal Year 2019 108,498 5,812 — N/A Fiscal Year 2018 82,000 5,221 — N/A Fiscal Year 2017 57,000 6,513 — N/A Fiscal Year 2016 100,500 4,056 — N/A Fiscal Year 2015 124,500 3,076 — N/A Fiscal Year 2014 70,000 5,356 — N/A Fiscal Year 2013 45,000 8,176 — N/A Fiscal Year 2012 74,000 7,077 — N/A Preferred Interests Fiscal Year 2022 N/A N/A N/A N/A Fiscal Year 2021 N/A N/A N/A N/A Fiscal Year 2020 N/A N/A N/A N/A Fiscal Year 2019 N/A N/A N/A N/A Fiscal Year 2018 N/A N/A N/A N/A Fiscal Year 2017 N/A N/A N/A N/A Fiscal Year 2016 N/A N/A N/A N/A Fiscal Year 2015 N/A N/A N/A N/A Fiscal Year 2014 $ 134,000 $ 51,592 $ 20,074 N/A Fiscal Year 2013 134,000 68,125 20,075 N/A Fiscal Year 2012 134,000 50,475 20,079 N/A Funding Facility I Fiscal Year 2022 N/A N/A — N/A Fiscal Year 2021 N/A N/A — N/A Fiscal Year 2020 N/A N/A — N/A Fiscal Year 2019 $ 158,000 $ 5,812 — N/A Fiscal Year 2018 212,000 5,221 — N/A Fiscal Year 2017 175,000 6,513 — N/A Fiscal Year 2016 175,000 4,056 — N/A Fiscal Year 2015 229,000 3,076 — N/A Fiscal Year 2014 125,000 5,356 — N/A Fiscal Year 2013 50,000 8,176 — N/A Funding Facility II Fiscal Year 2022 $ 100,000 $ 6,906 — N/A Fiscal Year 2021 - N/A — N/A Fiscal Year 2020 36,000 9,508 — N/A SBA Debentures Fiscal Year 2022 $ 150,000 $ 6,906 — N/A Fiscal Year 2021 150,000 11,020 — N/A Fiscal Year 2020 138,000 9,508 — N/A Fiscal Year 2019 138,000 5,812 — N/A Fiscal Year 2018 98,000 5,221 — N/A Fiscal Year 2017 83,000 6,513 — N/A Fiscal Year 2016 61,000 4,056 — N/A Fiscal Year 2015 42,800 3,076 — N/A Fiscal Year 2014 28,000 5,356 — N/A 2019 Convertible Notes Fiscal Year 2022 N/A N/A — N/A Fiscal Year 2021 N/A N/A — N/A Fiscal Year 2020 N/A N/A — N/A Fiscal Year 2019 N/A N/A — N/A Fiscal Year 2018 $ 108,000 $ 2,157 — N/A Fiscal Year 2017 108,000 2,335 — N/A Fiscal Year 2016 108,000 2,352 — N/A Fiscal Year 2015 108,000 2,429 — N/A Fiscal Year 2014 108,000 3,617 — N/A 2022 Convertible Notes Fiscal Year 2022 N/A N/A — N/A Fiscal Year 2021 $ 140,000 $ 1,948 — N/A Fiscal Year 2020 140,000 2,058 — N/A Fiscal Year 2019 140,000 1,992 — N/A Fiscal Year 2018 140,000 2,157 — N/A Fiscal Year 2017 140,000 2,335 — N/A Fiscal Year 2016 140,000 2,352 — N/A 2022 Notes Fiscal Year 2022 N/A N/A — N/A Fiscal Year 2021 N/A N/A — N/A Fiscal Year 2020 $ 175,000 $ 2,058 — N/A Fiscal Year 2019 175,000 1,992 — N/A Fiscal Year 2018 175,000 2,157 — N/A Fiscal Year 2017 175,000 2,335 — N/A 11. Senior Securities — (continued) 2024 Notes Fiscal Year 2022 $ 250,000 $ 1,929 — N/A Fiscal Year 2021 250,000 1,948 — N/A Fiscal Year 2020 250,000 2,058 — N/A Fiscal Year 2019 200,000 1,992 — N/A 2026 Notes Fiscal Year 2022 $ 325,000 $ 1,929 — N/A Fiscal Year 2021 325,000 1,948 — N/A (1) Total amount of each class of senior securities outstanding at the end of the period presented (in 1,000’s). (2) The asset coverage ratio for a class of senior securities representing indebtedness is calculated as our consolidated total assets, less all liabilities and indebtedness not represented by senior securities, divided by senior securities representing indebtedness. For the Operating Facility, Funding Facility I and Funding Facility II, the asset coverage ratio with respect to indebtedness is multiplied by $ 1,000 to determine the Asset Coverage Per Unit. (3) The amount to which such class of senior security would be entitled upon the voluntary liquidation of the issuer in preference to any security junior to it. The “—” in this column indicates that the SEC expressly does not require this information to be disclosed for certain types of senior securities. (4) The Company's senior securities are not registered for public trading.

Consolidated Schedule of Change

Consolidated Schedule of Changes in Investments in Non-Controlled Affiliates and Controlled Affiliates	12 Months Ended
	Dec. 31, 2022
Investments In And Advances To Affiliates [Abstract]
Consolidated Schedule of Changes in Investments in Non-Controlled Affiliates and Controlled Affiliates	BlackRock TCP Capital Corp. Consolidated Schedule of Changes in Inves tments in Non-Controlled Affiliates (1) Year ended December 31, 2022 Security Dividends or (2) Fair Value at Net realized Net increase Acquisitions (3) Dispositions (4) Fair Value at Iracore International Holdings, Inc., Senior Secured 1st Lien Term Loan, LIBOR + 9 %, 1 % LIBOR Floor, due 4/12/24 $ 148,806 $ 1,324,140 $ - $ - $ - $ - $ 1,324,140 Iracore Investments Holdings, Inc., Class A Common Stock - 4,344,746 - ( 1,361,583 ) - - 2,983,163 NEG Parent, LLC (CORE Entertainment, Inc.), Class A Units - 15,224,581 9,653,044 ( 12,451,775 ) - ( 12,425,850 ) - NEG Parent, LLC (CORE Entertainment, Inc.), Class A Warrants to Purchase Class A Units - 1,409,955 820,337 ( 1,213,868 ) - ( 1,016,424 ) - NEG Parent, LLC (CORE Entertainment, Inc.), Class B Warrants to Purchase Class A Units - 1,423,944 699,058 ( 1,225,912 ) - ( 897,090 ) - TVG-Edmentum Holdings, LLC, Series A Preferred Units 180,519 - - - - - - TVG-Edmentum Holdings, LLC, Series B-1 Common Units 2,357,065 36,740,019 - ( 6,705,895 ) 2,357,073 - 32,391,197 TVG-Edmentum Holdings, LLC, Series B-2 Common Units - 36,740,019 - ( 4,348,822 ) - - 32,391,197 Total $ 2,686,390 $ 97,207,404 $ 11,172,439 $ ( 27,307,855 ) $ 2,357,073 $ ( 14,339,364 ) $ 69,089,697 Notes to Consolidated Schedule of Changes in Investments in Non-Controlled Affiliates: (1) The issuers of the securities listed on this schedule are considered non-controlled affiliates under the 1940 Act due to the ownership by the Company of 5 % to 25 % of the issuers' voting securities. (2) Also includes fee income as applicable. (3) Acquisitions include new purchases, PIK income and amortization of original issue and market discounts. (4) Dispositions include decreases in the cost basis from sales and paydowns. Consolidated Schedule of Changes in Investments in Controlled Affiliates (1) Year ended December 31, 2022 Security Dividends (2) Fair Value at Net realized Net increase Acquisitions (3) Dispositions (4) Fair Value at 36th Street Capital Partners Holdings, LLC, Membership Units $ 3,794,889 $ 34,082,000 $ - $ 20,940,000 $ 1,250,000 $ - $ 56,272,000 36th Street Capital Partners Holdings, LLC, Senior Note, 12 %, due 11/1/25 4,977,439 41,381,437 - - 8,750,000 - 50,131,437 Anacomp, Inc., Class A Common Stock - 326,437 - 225,995 - - 552,432 Conergy Asia & ME Pte. Ltd., 1st Lien Term Loan, 0 %, due 12/31/22 - 339,100 - ( 339,100 ) - - - Conergy Asia Holdings Limited, Class B Shares - - - - - - - Conergy Asia Holdings Limited, Ordinary Shares - - - - - - - Conventional Lending TCP Holdings, LLC, Membership Units 2,155,374 26,901,777 ( 124,801 ) ( 131,604 ) 515,000 ( 11,013,828 ) 16,146,544 Kawa Solar Holdings Limited, Bank Guarantee Credit Facility, 0 %, due 12/31/22 - 101,315 - - - - 101,315 Kawa Solar Holdings Limited, Ordinary Shares - - - - - - - Kawa Solar Holdings Limited, Revolving Credit Facility, 0 %, due 12/31/22 - 1,955,145 - ( 92,444 ) - - 1,862,701 Kawa Solar Holdings Limited, Series B Preferred Shares - - - - - - - Fishbowl, Inc., Senior Secured 1st Lien Term Loan, SOFR + 5 %, 1 % SOFR Floor, due 05/27/2027 577,752 - - - 12,089,579 - 12,089,579 Fishbowl INC., Common Membership Units - - - ( 209,754 ) 787,031 - 577,277 Total $ 11,505,454 $ 105,087,211 $ ( 124,801 ) $ 20,393,093 $ 23,391,610 $ ( 11,013,828 ) $ 137,733,285 Notes to Consolidated Schedule of Changes in Investments in Controlled Affiliates: (1) The issuers of the securities listed on this schedule are considered controlled affiliates under the 1940 Act due to the ownership by the Company of more than 25 % of the issuers' voting securities. (2) Also includes fee income as applicable. (3) Acquisitions include new purchases, PIK income and amortization of original issue and market discounts. (4) Dispositions include decreases in the cost basis from sales and paydowns. Consolidated Schedule of Changes in Investments in Non-Controlled Affiliates (1) Year Ended December 31, 2021 Security Dividends or (2) Fair Value at Net realized Net increase Acquisitions (3) Dispositions (4) Fair Value at Edmentum, Inc., Senior Unsecured Promissory Note, 10 %, due 9/30/19 $ - $ 448,997 $ - $ - $ ( 448,997 ) - Edmentum Ultimate Holdings, LLC, Class A Common Units 867,570 - 1,028,057 - ( 7,006 ) ( 1,021,051 ) - Iracore International Holdings, Inc., Senior Secured 1st Lien Term Loan, LIBOR + 9 %, 1 % LIBOR Floor, due 4/13/21 134,253 1,324,140 - - - - 1,324,140 Iracore Investments Holdings, Inc., Class A Common Stock 385,384 5,181,526 - ( 836,780 ) - - 4,344,746 NEG Parent, LLC (CORE Entertainment, Inc.), Class A Units - 7,401,888 - 7,822,693 - - 15,224,581 NEG Parent, LLC (CORE Entertainment, Inc.), Class A Warrants to Purchase Class A Units - 438,161 - 971,794 - - 1,409,955 NEG Parent, LLC (CORE Entertainment, Inc.), Class B Warrants to Purchase Class A Units - 442,508 - 981,436 - - 1,423,944 TVG-Edmentum Holdings, LLC, Series A Preferred Units 2,556,396 27,758,980 5,068,544 ( 155,210 ) 2,267,487 ( 34,939,801 ) - TVG-Edmentum Holdings, LLC, Series B-1 Common Units 1,946,425 13,511,732 - 21,281,861 1,946,426 - 36,740,019 TVG-Edmentum Holdings, LLC, Series B-2 Common Units - 12,868,247 - 23,871,772 - - 36,740,019 Total $ 5,890,028 $ 68,927,182 $ 6,545,598 $ 53,937,566 $ 4,206,907 $ ( 36,409,849 ) $ 97,207,404 Notes to Consolidated Schedule of Changes in Investments in Non-Controlled Affiliates: (1) The issuers of the securities listed on this schedule are considered non-controlled affiliates under the 1940 Act due to the ownership by the Company of 5 % to 25 % of the issuers' voting securities. (2) Also includes fee and lease income as applicable. (3) Acquisitions include new purchases, PIK income and amortization of original issue and market discounts. (4) Dispositions include decreases in the cost basis from sales, paydowns, mortgage amortizations and aircraft depreciation. Consolidated Schedule of Changes in Investments in Controlled Affiliates (1) Year Ended December 31, 2021 Security Dividends (2) Fair Value at Net realized Net increase Acquisitions (3) Dispositions (4) Fair Value at 36th Street Capital Partners Holdings, LLC, Membership Units $ 2,110,976 $ 33,135,000 $ - $ ( 2,505,981 ) $ 4,202,981 $ ( 750,000 ) $ 34,082,000 36th Street Capital Partners Holdings, LLC, Senior Note, 12 %, due 11/1/25 5,081,395 40,834,419 - - 5,797,018 ( 5,250,000 ) 41,381,437 Anacomp, Inc., Class A Common Stock - 401,769 - ( 75,332 ) - - 326,437 Conergy Asia & ME Pte. Ltd., 1st Lien Term Loan, 0 %, due 6/30/21 - 1,154,036 - ( 814,936 ) - - 339,100 Conergy Asia Holdings Limited, Class B Shares - - - - - - - Conergy Asia Holdings Limited, Ordinary Shares - - - - - - - Conventional Lending TCP Holdings, LLC, 1,597,396 18,050,826 - ( 197,598 ) 9,048,549 - 26,901,777 Kawa Solar Holdings Limited, Bank Guarantee 0 %, due 12/31/21 - 3,336,148 - ( 3,234,833 ) - - 101,315 Kawa Solar Holdings Limited, Ordinary Shares - - - - - - - Kawa Solar Holdings Limited, Revolving Credit 0 %, due 12/31/21 - 2,114,333 - 2,974,144 - ( 3,133,332 ) 1,955,145 Kawa Solar Holdings Limited, Series B Preferred Shares - - - - - - - Total $ 8,789,767 $ 99,026,531 $ — $ ( 3,854,536 ) $ 19,048,548 $ ( 9,133,332 ) $ 105,087,211 Notes to Consolidated Schedule of Changes in Investments in Controlled Affiliates: (1) The issuers of the securities listed on this schedule are considered controlled affiliates under the 1940 Act due to the ownership by the Company of more than 25 % of the issuers' voting securities. (2) Also includes fee and lease income as applicable. (3) Acquisitions include new purchases, PIK income and amortization of original issue and market discounts. (4) Dispositions include decreases in the cost basis from sales, paydowns, mortgage amortizations and aircraft depreciation.

Consolidated Schedule of Restri

Consolidated Schedule of Restricted Securities of Unaffiliated Issuers	12 Months Ended
	Dec. 31, 2022
Schedule Of Investments [Abstract]
Consolidated Schedule of Restricted Securities of Unaffiliated Issuers	BlackRock TCP Capital Corp. Consolidated Schedule of Restricted Securities of Unaffiliated Issuers December 31, 2022 Investment Acquisition Date AGY Equity, LLC, Class A Preferred Units 9/3/2020 AGY Equity, LLC, Class B Preferred Units 9/3/2020 AGY Equity, LLC, Class C Common Units 9/3/2020 Autoalert Acquisition Co, LLC, Warrants to Purchase LLC Interests 6/30/20 Blackbird Purchaser, Inc. (OTC) Preferred Stock 12/14/21 Elevate Brands OpCo LLC, Warrants for Common Stock 03/14/22 Elevate Brands OpCo LLC, Warrants for Preferred Shares 03/14/22 Fidelis (SVC) LLC, Series C Preferred Units 12/31/19 FinancialForce.com, Inc., Warrants to Purchase Series C Preferred Stock 1/30/19 Foursquare Labs, Inc., Warrants to Purchase Series E Preferred Stock 5/4/17 GACP I, LP (Great American Capital), Membership Units 10/1/15 GACP II, LP (Great American Capital), Membership Units 1/12/18 GlassPoint, Inc., Warrants to Purchase Common Stock 2/7/17 Hylan Datacom & Electrical, LLC, Class A Units 03/30/22 InMobi, Inc., Warrants to Purchase Common Stock 8/22/17 InMobi, Inc., Warrants to Purchase Series E Preferred Stock (Strike Price $ 20.01 ) 9/18/15 InMobi, Inc., Warrants to Purchase Series E Preferred Stock (Strike Price $ 28.58 ) 10/1/18 Inotiv, Inc., Common Shares 03/30/22 Nanosys, Inc., Warrants to Purchase Preferred Stock 3/29/16 PerchHQ, Warrants for Common Units 09/30/22 Plate Newco 1 Limited (Avanti), Common Stock 04/13/22 Pico Quantitative Trading Holdings, LLC, Warrants to Purchase Membership Units 2/7/20 Quora, Inc., Warrants to Purchase Series D Preferred Stock 4/12/19 Razor Group GmbH, Warrants to Purchase Preferred Series A1 Shares 4/28/21 Razor Warrants 12/23/22 ResearchGate Corporation., Warrants to Purchase Series D Preferred Stock 11/7/19 SellerX Germany GMBH & Co. KG,, Warrants to Purchase Preferred B Shares 11/23/21 SnapLogic, Inc., Warrants to Purchase Series Preferred Stock 3/20/18 Soraa, Inc., Warrants to Purchase Preferred Stock 8/29/14 SoundCloud, Ltd., Warrants to Purchase Preferred Stock 4/30/15 Tradeshift, Inc., Warrants to Purchase Series D Preferred Stock 3/9/17 Utilidata, Inc., Common Stock 7/6/20 Utilidata, Inc., Series C Preferred Stock 7/6/20 Utilidata, Inc., Series CC Preferred Stock 7/6/20 WorldRemit Group Limited, Warrants to Purchase Series D Stock 2/11/21 BlackRock TCP Capital Corp. Consolidated Schedule of Restricted Securities of Unaffiliated Issuers December 31, 2021 Investment Acquisition Date AGY Equity, LLC, Class A Preferred Units 9/3/2020 AGY Equity, LLC, Class B Preferred Units 9/3/2020 AGY Equity, LLC, Class C Common Units 9/3/2020 Autoalert Acquisition Co, LLC, Warrants to Purchase LLC Interests 6/30/20 Avanti Communications Group, PLC (144A), Senior New Money Initial Note, 9 %, due 10/1/22 1/26/17 Avanti Communications Group, PLC (144A), Senior Second-Priority PIK Toggle Note, 9 %, due 10/1/22 1/26/17 Blackbird Purchaser, Inc. (OTC) Preferred Stock 12/14/21 Envigo RMS Holding Corp., Common Stock 6/3/19 Fidelis (SVC) LLC, Series C Preferred Units 12/31/19 FinancialForce.com, Inc., Warrants to Purchase Series C Preferred Stock 1/30/19 Foursquare Labs, Inc., Warrants to Purchase Series E Preferred Stock 5/4/17 GACP I, LP (Great American Capital), Membership Units 10/1/15 GACP II, LP (Great American Capital), Membership Units 1/12/18 GlassPoint, Inc., Warrants to Purchase Common Stock 2/7/17 InMobi, Inc., Warrants to Purchase Common Stock 8/22/17 InMobi, Inc., Warrants to Purchase Series E Preferred Stock (Strike Price $ 20.01 ) 9/18/15 InMobi, Inc., Warrants to Purchase Series E Preferred Stock (Strike Price $ 28.58 ) 10/1/18 Nanosys, Inc., Warrants to Purchase Preferred Stock 3/29/16 Pico Quantitative Trading Holdings, LLC, Warrants to Purchase Membership Units 2/7/20 Quora, Inc., Warrants to Purchase Series D Preferred Stock 4/12/19 Razor Group GmbH (Germany), Warrants to Purchase Preferred Stock 4/28/21 ResearchGate Corporation., Warrants to Purchase Series D Preferred Stock 11/7/19 SellerX Germany GMBH & Co. KG,, Warrants to Purchase Preferred B Shares 11/23/21 SnapLogic, Inc., Warrants to Purchase Series Preferred Stock 3/20/18 Soraa, Inc., Warrants to Purchase Preferred Stock 8/29/14 SoundCloud, Ltd., Warrants to Purchase Preferred Stock 4/30/15 Tradeshift, Inc., Warrants to Purchase Series D Preferred Stock 3/9/17 Utilidata, Inc., Common Stock 7/6/20 Utilidata, Inc., Series C Preferred Stock 7/6/20 Utilidata, Inc., Series CC Preferred Stock 7/6/20 Worldremit Group Limited (United Kingdom), Warrants to Purchase Series D Stock 2/11/21

Summary of Significant Accoun_2

Summary of Significant Accounting Policies (Policies)	12 Months Ended
	Dec. 31, 2022
Accounting Policies [Abstract]
Basis of Presentation	Basis of Presentation The consolidated financial statements of the Company have been prepared in accordance with accounting principles generally accepted in the United States (“GAAP”). The Company is an investment company following accounting and reporting guidance in Accounting Standards Codification (“ASC”) Topic 946, Financial Services – Investment Companies . The Company has consolidated the results of its wholly owned subsidiaries in its consolidated financial statements in accordance with ASC Topic 946. The following is a summary of the significant accounting policies of the Company.
Use of Estimates	Use of Estimates The preparation of the consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the consolidated financial statements, as well the reported amounts of revenues and expenses during the reporting periods presented. Although management believes these estimates and assumptions to be reasonable, actual results could differ from those estimates and such differences could be material.
Investment Valuation	Investment Valuation Pursuant to Rule 2a-5 (the “Rule”) under the 1940 Act, the Board of Directors designated the Advisor as the Company’s valuation designee (the “Valuation Designee”) to perform certain fair value functions, including performing fair value determinations and has approved policies and procedures adopted by the Advisor to seek to ensure compliance with the requirements of the Rule. The Company’s investments are generally held by the Company's subsidiaries. Investments are recorded at fair value in accordance with GAAP, based upon the principles and methods of valuation set forth in the policies adopted by the Valuation Designee and approved by the Board of Directors. Fair value is generally defined as the amount for which an investment would be sold in an orderly transaction between market participants at the measurement date. All investments are valued at least quarterly based on quotations or other affirmative pricing from independent third-party sources, with the exception of investments priced directly by the Valuation Designee which in the aggregate comprise less than 5 % of the assets of the Company. Investments listed on a recognized exchange or market quotation system, whether U.S. or foreign, are valued using the closing price on the date of valuation. Investments not listed on a recognized exchange or market quotation system, but for which reliable market quotations are readily available are valued using prices provided by a nationally recognized pricing service or by using quotations from broker-dealers. Investments for which market quotations are either not readily available or are determined to be unreliable are priced at fair value using affirmative valuations performed by independent valuation services approved by the Valuation Designee or, for investments aggregating less than 5 % of the total assets of the Company, using valuations determined directly by the Valuation Designee. Such valuations are determined under documented valuation policies and procedures reviewed and approved by a committee established by the Valuation Designee (the “Valuation Committee”). Generally, to increase objectivity in valuing the investments, the Valuation Designee will utilize external measures of value, such as public markets or third-party transactions, whenever possible. The Valuation Designee’s valuation is not based on long-term work-out value, immediate liquidation value, nor incremental value for potential changes that may take place in the future. The values assigned to investments are based on available information and do not necessarily represent amounts that might ultimately be realized, as these amounts depend on future circumstances and cannot reasonably be determined until the individual investments are actually liquidated. Such circumstances may include macroeconomic, geopolitical and other events and conditions such as the current COVID-19 pandemic that may significantly impact the profitability or viability of businesses in which the Company is invested, and therefore may significantly impact the return on the Company’s investments. The foregoing policies apply to all investments, including any in companies and groups of affiliated companies aggregating more than 5 % of the Company’s assets. 2. Summary of Significant Accounting Policies — (continued) Fair valuations of investments in each asset class are determined using one or more methodologies including market quotations, the market approach, income approach, or, in the case of recent investments, the cost approach, as appropriate. The market approach uses prices and other relevant information generated by market transactions involving identical or comparable assets. Such information may include observed multiples of earnings and/or revenues at which transactions in securities of comparable companies occur, with appropriate adjustments for differences in company size, operations or other factors affecting comparability. The income approach uses valuation techniques to convert future amounts (for example, cash flows or earnings) to a single present value amount (discounted). The measurement is based on the value indicated by current market expectations about those future amounts. The discount rates used for such analyses reflect market yields for comparable investments, considering such factors as relative credit quality, capital structure, and other factors. In following these approaches, the types of factors that may be taken into account also include, as relevant: available current market data, including relevant and applicable market trading and transaction comparables, security covenants, call protection provisions, information rights, the nature and realizable value of any collateral, the portfolio company’s ability to make payments, its earnings and cash flows, the markets in which the portfolio company does business, comparisons of financial ratios of peer companies that are public, merger and acquisition comparables, comparable costs of capital, the principal market in which the investment trades and enterprise values, among other factors. Investments may be categorized based on the types of inputs used in valuing such investments. The level in the GAAP valuation hierarchy in which an investment falls is based on the lowest level input that is significant to the valuation of the investment in its entirety. Transfers between levels are recognized as of the beginning of the reporting period. At December 31, 2022, the Company's investments were categorized as follows: Level Basis for Determining Fair Value Bank Debt (1) Other (2) Equity Total 1 Quoted prices in active markets for identical $ — $ — $ 781,051 $ 781,051 2 Other direct and indirect observable market (3) 91,977,164 — — 91,977,164 3 Independent third-party valuation sources 1,258,052,376 68,451,437 187,504,790 1,514,008,603 3 Valuation Designee valuations with significant unobservable inputs 531,024 1,415,738 874,061 2,820,823 Total $ 1,350,560,564 $ 69,867,175 $ 189,159,902 $ 1,609,587,641 (1) Includes senior secured loans (2) Includes senior secured notes, unsecured debt and subordinated debt (3) For example, quoted prices in inactive markets or quotes for comparable investments 2. Summary of Significant Accounting Policies — (continued) Unobservable inputs used in the fair value measurement of Level 3 investments as of December 31, 2022 included the following: Asset Type Fair Value Valuation Technique Unobservable Input Range (Weighted Avg.) (1) Bank Debt $ 1,143,846,175 Income approach Discount rate 9.4 % - 19.5 % ( 13.8 %) 82,058,774 Market quotations Indicative bid/ask quotes 1 ( 1 ) 26,289,104 Market comparable companies Revenue multiples 1.0 x - 1.4 x ( 1.2 x) 1,324,140 Market comparable companies EBITDA multiples 3.8 x ( 3.8 x) 5,065,205 Option Pricing Model EBITDA/Revenue multiples 2.8 x ( 2.8 x) Implied volatility 20.0 % - 65.0 % ( 64.5 %) Term 1.8 years - 2.3 years ( 2.2 years) Other Corporate Debt 25,065,719 Market comparable companies Book value multiples 1.5 x ( 1.5 x) 18,320,000 Income approach Discount rate 15.3 % ( 15.3 %) 26,481,456 Market quotations Indicative bid/ask quotes 1 ( 1 ) Equity 6,752,959 Income approach Discount rate 13.9 % ( 13.9 %) 30,823,071 Market quotations Indicative bid/ask quotes 1 ( 1 ) 19,060,180 Option Pricing Model EBITDA/Revenue multiples 2.5 x - 12.5 x ( 5.7 x) Implied volatility 40.0 % - 70.0 % ( 59.7 %) Term 0.3 years - 4.3 years ( 1.4 years) 1,878,874 Market comparable companies Revenue multiples 0.8 x - 2.8 x ( 1.3 x) 80,651,665 Market comparable companies EBITDA multiples 3.0 x - 13.5 x ( 12.0 x) 44,282,544 Market comparable companies Book value multiples 0.9 x - 1.5 x ( 1.3 x) 4,929,560 Other (2) N/A N/A $ 1,516,829,426 (1) Weighted by fair value (2) Fair value was determined based on the most recently available net asset value of the issuer adjusted for identified changes in the valuations of the underlying portfolio of the issuer through the measurement date. 2. Summary of Significant Accounting Policies — (continued) Certain fair value measurements may employ more than one valuation technique, with each valuation technique receiving a relative weight between 0% and 100%. Generally, a change in an unobservable input may result in a change to the value of an investment as follows: Input Impact to Value if Impact to Value if Discount rate Decrease Increase Revenue multiples Increase Decrease EBITDA multiples Increase Decrease Book value multiples Increase Decrease Implied volatility Increase Decrease Term Increase Decrease Yield Increase Decrease Changes in investments categorized as Level 3 during the year ended December 31, 2022 were as follows: Independent Third-Party Valuation Bank Debt Other Equity Total Beginning balance $ 1,453,211,129 $ 61,266,010 $ 201,713,142 $ 1,716,190,281 Net realized and unrealized gains (losses) ( 72,703,887 ) ( 1,717,980 ) ( 791,679 ) ( 75,213,546 ) Acquisitions (1) 316,725,939 8,903,407 6,617,242 332,246,588 Dispositions ( 458,402,767 ) — ( 20,079,058 ) ( 478,481,825 ) Transfers into Level 3 (2) 20,461,019 — — 20,461,019 Reclassifications within Level 3 (3) ( 1,239,056 ) — 45,143 ( 1,193,913 ) Ending balance $ 1,258,052,376 $ 68,451,437 $ 187,504,790 $ 1,514,008,603 Net change in unrealized $ ( 72,087,245 ) $ ( 1,904,916 ) $ 3,052,240 $ ( 70,939,921 ) (1) Includes payments received in kind and accretion of original issue and market discounts (2) Comprised of two investments that were transferred from Level 2 due to reduced number of market quotes (3) Comprised of one investment that was reclassified to Advisor Valuation and one that was reclassified from 2. Summary of Significant Accounting Policies — (continued) Valuation Designee Valuation Bank Debt Other Equity Total Beginning balance $ — $ 2,888,000 $ 2,197,030 $ 5,085,030 Net realized and unrealized gains (losses) ( 5,994 ) ( 15,342 ) ( 1,089,420 ) ( 1,110,756 ) Acquisitions (1) 5,994 — — 5,994 Dispositions ( 708,032 ) ( 1,456,920 ) ( 188,406 ) ( 2,353,358 ) Reclassifications within Level 3 (2) 1,239,056 — ( 45,143 ) 1,193,913 Ending balance $ 531,024 $ 1,415,738 $ 874,061 $ 2,820,823 Net change in unrealized $ ( 5,994 ) $ ( 5,304 ) $ ( 487,476 ) $ ( 498,774 ) (1) Includes payments received in kind and accretion of original issue and market discounts (2) Comprised of one investment that was reclassified to Advisor Valuation and one that was reclassified from At December 31, 2021, the Company’s investments were categorized as follows: Level Basis for Determining Fair Value Bank Debt (1) Other (2) Equity Total 1 Quoted prices in active markets for identical $ — $ — $ 2,469,679 $ 2,469,679 2 Other direct and indirect observable market (3) 117,393,132 — — 117,393,132 3 Independent third-party valuation sources that 1,453,211,129 61,266,010 201,713,142 1,716,190,281 3 Advisor valuations with significant unobservable inputs — 2,888,000 2,197,030 5,085,030 Total $ 1,570,604,261 $ 64,154,010 $ 206,379,851 $ 1,841,138,122 (1) Includes senior secured loans (2) Includes senior secured notes, unsecured debt and subordinated debt (3) For example, quoted prices in inactive markets or quotes for comparable investments 2. Summary of Significant Accounting Policies — (continued) Unobservable inputs used in the fair value measurement of Level 3 investments as of December 31, 2021 included the following: Asset Type Fair Value Valuation Technique Unobservable Input Range (Weighted Avg.) (1) Bank Debt $ 1,371,330,586 Income approach Discount rate 4.2 % - 14.0 % ( 9.2 %) 47,563,454 Market quotations Indicative bid/ask quotes 1 ( 1 ) 14,464,052 Market comparable companies Revenue multiples 1.3 x - 3.7 x ( 1.6 x) 12,942,417 Market comparable companies EBITDA multiples 5.3 x - 8.3 x ( 7.9 x) 6,910,620 Option Pricing Model EBITDA/Revenue multiples 4.8 x ( 4.8 x) Implied volatility 65.0 % ( 65.0 %) Term 3.3 years ( 3.3 years) Other Corporate Debt 41,381,438 Market comparable companies Book value multiples 1.3 x ( 1.3 x) 19,791,221 Income approach Discount rate 10.1 % ( 10.1 %) 2,888,000 Market quotations Indicative bid/ask quotes 1 ( 1 ) 93,351 Market comparable companies Revenue multiples 3.7 x ( 3.7 x) Equity 7,756,900 Income approach Discount rate 3.5 % - 12.5 % ( 11.6 %) 27,172,807 Market quotations Indicative bid/ask quotes 1 ( 1 ) 43,042,457 Option Pricing Model EBITDA/Revenue multiples 1.7 x - 12.5 x ( 9.1 x) Implied volatility 35.0 % - 70.0 % ( 49.4 %) Term 0.8 years - 3.9 years ( 2.5 years) 433,644 Market comparable companies Revenue multiples 0.7 x - 1.1 x ( 1.0 x) 77,824,784 Market comparable companies EBITDA multiples 5.3 x - 14.0 x ( 13.5 x) 34,082,000 Market comparable companies Book value multiples 1.3 x ( 1.3 x) 13,597,580 Other (2) N/A N/A $ 1,721,275,311 (1) Weighted by fair value (2) Fair value was determined based on the most recently available net asset value of the issuer adjusted for identified changes in the valuations of the underlying portfolio of the issuer through the measurement date. 2. Summary of Significant Accounting Policies — (continued) Changes in investments categorized as Level 3 during the year ended December 31, 2021 were as follows: Independent Third-Party Valuation Bank Debt Other Equity Total Beginning balance $ 1,281,636,688 $ 95,923,481 $ 179,525,253 $ 1,557,085,422 Net realized and unrealized gains (losses) 2,039,545 ( 4,460,974 ) 57,820,796 55,399,367 Acquisitions (1) 671,635,821 5,909,503 25,769,005 703,314,329 Dispositions ( 487,099,264 ) ( 5,250,000 ) ( 61,670,446 ) ( 554,019,710 ) Transfers out of Level 3 (2) ( 15,001,661 ) — — ( 15,001,661 ) Reclassifications within Level 3 (3) — ( 30,856,000 ) 268,534 ( 30,587,466 ) Ending balance $ 1,453,211,129 $ 61,266,010 $ 201,713,142 $ 1,716,190,281 Net change in unrealized appreciation/depreciation $ 1,748,890 $ ( 4,460,974 ) $ 60,629,946 $ 57,917,862 (1) Includes payments received in kind and accretion of original issue and market discounts (2) Comprised of three investments that were transferred to Level 2 due to increased observable market activity (3) Comprised of one investment that was reclassified to Advisor Valuation and two that were reclassified from Advisor Valuation Advisor Valuation Bank Debt Other Equity Total Beginning balance $ — $ — $ 2,060,061 $ 2,060,061 Net realized and unrealized gains (losses) — 1,507,234 477,643 1,984,877 Dispositions — ( 29,475,234 ) ( 72,140 ) ( 29,547,374 ) Reclassifications within Level 3 (1) — 30,856,000 ( 268,534 ) 30,587,466 Ending balance $ — $ 2,888,000 $ 2,197,030 $ 5,085,030 Net change in unrealized appreciation/depreciation $ — $ 6,992,000 $ 476,795 $ 7,468,795 (1) Comprised of two investments that were reclassified to Independent Third-Party Valuation and one that was reclassified from Independent Third-Party Valuation
Investment Transactions	Investment Transactions Investment transactions are recorded on the trade date, except for private transactions that have conditions to closing, which are recorded on the closing date. The cost of investments purchased is based upon the purchase price plus those professional fees which are specifically identifiable to the investment transaction. Realized gains and losses on investments are recorded based on the specific identification method, which typically allocates the highest cost inventory to the basis of investments sold.
Cash and Cash Equivalents	Cash and Cash Equivalents Cash consists of amounts held in accounts with the custodian bank. Cash equivalents consist of highly liquid investments with an original maturity of generally 60 days or less and may not be insured by the FDIC or may exceed federally insured limits. Cash equivalents are classified as Level 1 in the GAAP valuation hierarchy. There was no restricted cash at December 31, 2022 or December 31, 2021 .
Restricted Investments	Restricted Investments The Company may invest without limitation in instruments that are subject to legal or contractual restrictions on resale. These instruments generally may be resold to institutional investors in transactions exempt from registration or to the public if the securities are registered. Disposal of these investments may involve time-consuming negotiations and additional expense, and prompt sale at an acceptable price may be difficult. Information regarding restricted investments is included at the end of the Consolidated Schedule of Investments. Restricted investments, including any restricted investments in affiliates, are valued in accordance with the investment valuation policies discussed above.
Foreign Currency Investments	Foreign Currency Investments The Company may invest in instruments traded in foreign countries and denominated in foreign currencies. Foreign currency denominated investments comprised approximately 0.5 % and 0.5 % of total investments at December 31, 2022 and December 31, 2021, respectively. Such positions were converted at the respective closing foreign exchange rates in effect at December 31, 2022 and December 31, 2021 and reported in U.S. dollars. Purchases and sales of investments and income and expense items denominated in foreign currencies, when they occur, are translated into U.S. dollars based on the foreign exchange rates in effect on the respective dates of such transactions. The portion of gains and losses on foreign investments resulting from fluctuations in foreign currencies is included in net realized and unrealized gain or loss from investments. Investments in foreign companies and securities of foreign governments may involve special risks and considerations not typically associated with investing in U.S. companies and securities of the U.S. government. These risks include, among other things, revaluation of currencies, less reliable information about issuers, different transaction clearance and settlement practices, and potential future adverse political and economic developments. Moreover, investments in foreign companies and securities of foreign governments and their markets may be less liquid and their prices more volatile than those of comparable U.S. companies and the U.S. government.
Derivatives	Derivatives In order to mitigate certain currency exchange and interest rate risks, the Company may enter into certain derivative transactions. All derivatives are subject to a master netting agreement and are reported at their gross amounts as either assets or liabilities in the Consolidated Statements of Assets and Liabilities. Transactions entered into are accounted for using the mark-to-market method with the resulting change in fair value recognized in earnings for the current period. Risks may arise upon entering into these contracts from the potential inability of counterparties to meet the terms of their contracts and from unanticipated movements in interest rates and the value of foreign currencies relative to the U.S. dollar. Certain derivatives may also require the Company to pledge assets as collateral to secure its obligations. During the years ended December 31, 2022 and 2021 , the Company did no t enter into any derivative transactions nor hold any derivative positions. Valuations of derivatives are determined using observable market inputs other than quoted prices in active markets for identical assets and, accordingly, are generally classified as Level 2 in the GAAP valuation hierarchy.
Deferred Debt Issuance Costs	Deferred Debt Issuance Costs Certain costs incurred in connection with the issuance and/or extension of debt of the Company and its subsidiaries were capitalized and are being amortized on a straight-line basis over the estimated life of the respective instruments. The impact of utilizing the straight-line amortization method versus the effective-interest method is not material to the operations of the Company.
Revenue Recognition	Revenue Recognition Interest and dividend income, including income paid in kind, is recorded on an accrual basis, when such amounts are considered collectible. Origination, structuring, closing, commitment and other upfront fees, including original issue discounts, earned with respect to capital commitments are generally amortized or accreted into interest income over the life of the respective debt investment, as are end-of-term or exit fees receivable upon repayment of a debt investment. Other fees, including certain amendment fees, prepayment fees and commitment fees on broken deals, are recognized as earned. Prepayment fees and similar income due upon the early repayment of a loan or debt security are recognized when earned and are included in interest income. Certain debt investments are purchased at a discount to par as a result of the underlying credit risks and financial results of the issuer, as well as general market factors that influence the financial markets as a whole. Discounts on the acquisition of corporate bonds are generally amortized using the effective-interest or constant-yield method assuming there are no questions as to collectability. When principal payments on a loan are received in an amount in excess of the loan’s amortized cost, the excess principal payments are recorded as interest income.
Income Taxes	Income Taxes The Company intends to comply with the requirements of the Internal Revenue Code of 1986, as amended, applicable to regulated investment companies, and to distribute substantially all of its taxable income to its shareholders. Therefore, no U.S. federal income tax provision is required. The income or loss of SVCP, TCPC Funding I, TCPC Funding II and the SBIC is reported in the respective members' or partners’ income tax returns, as applicable. In accordance with ASC Topic 740 - Income Taxes, the Company recognizes in its consolidated financial statements the effect of a tax position when it is determined that such position is more likely than not, based on the technical merits, to be sustained upon examination. The tax returns of the Company, SVCP, TCPC Funding I, TCPC Funding II and the SBIC remain open for examination by tax authorities for a period of three years from the date they are filed. No such examinations are currently pending. 2. Summary of Significant Accounting Policies — (continued) GAAP requires that certain components of net assets be adjusted to reflect permanent differences between financial and tax reporting. These reclassifications have no effect on net assets or net asset values per share. As of December 31, 2022 and December 31, 2021, the following permanent differences, primarily attributable to tax return of capital, amortization methods for premiums and discounts on fixed income securities and investments in partnerships, were reclassified as follows: December 31, 2022 December 31, 2021 Paid-in capital $ 4,790,255 $ ( 13,563,291 ) Accumulated earnings ( 4,790,255 ) 13,563,291 The tax character of distributions paid was as follows: December 31, 2022 December 31, 2021 Ordinary income $ 73,364,425 $ 55,757,425 Tax return of capital — 13,563,291 $ 73,364,425 $ 69,320,716 The tax-basis components of distributable earnings (accumulated deficit) applicable to the common shareholders of the Company at December 31, 2022 and 2021 were as follows: December 31, 2022 December 31, 2021 Undistributed ordinary income $ 3,233,347 $ — Non-expiring capital loss carryforwards (1) ( 176,325,662 ) ( 158,543,623 ) Net unrealized gains (losses) (2) ( 48,102,232 ) 21,532,581 Total accumulated earnings (losses) $ ( 221,194,547 ) $ ( 137,011,042 ) ______________ (1) Amount available to offset future realized capital gains. (2) The difference between book-basis and tax-basis net unrealized gains (losses) was attributable primarily to the timing and recognition of partnership income, and the accrual of income on securities in default. As of December 31, 2022 and December 31, 2021, gross unrealized appreciation and depreciation for investments and derivatives based on cost for U.S. federal income tax purposes were as follows: December 31, 2022 December 31, 2021 Tax basis of investments $ 1,656,032,096 $ 1,818,611,255 Unrealized appreciation $ 100,832,690 $ 118,437,592 Unrealized depreciation ( 147,277,145 ) ( 95,910,725 ) Net unrealized appreciation (depreciation) $ ( 46,444,455 ) $ 22,526,867 As of December 31, 2022, the following information is provided with respect to the ordinary income distributions paid by the Company. December 31, 2022 Section 163(j) Interest Dividends (1) $ 72,447,054 Interest Related Dividends for Non-U.S. Residents (2) 62,597,226 ______________ (1) Represents the maximum amount allowable by law as interest income eligible to be treated as Section 163(j) interest dividends. (2) Represents the maximum amount allowable as interest-related dividends eligible for exemption from US withholding tax for nonresident aliens and foreign corporations.
Recent Accounting Pronouncements	Recent Accounting Pronouncements In March 2020 and January 2021, the FASB issued ASU No. 2020-04 and ASU No. 2021-01, respectively, “Reference Rate Reform (Topic 848),” which provides optional expedients and exceptions for applying GAAP to contracts, hedging relationships, and other transactions affected by reference rate reform if certain criteria are met. The amendments apply only to contracts, hedging relationships, and other transactions that reference LIBOR or another reference rate expected to be discontinued because of reference rate reform. ASU 2020-04 is effective and can be adopted by all entities through December 31, 2022. The expedients and exceptions provided by the amendments do not apply to contract modifications and hedging relationships entered into or evaluated after December 31, 2022, except for hedging transactions as of December 31, 2022, that an entity has elected certain optional expedients for and that are retained through the end of the hedging relationship. In December 2022, the FASB issued ASU No. 2022-06, Reference Rate Reform (Topic 848): Deferral of the Sunset Date of Topic 848, which deferred the sunset day of this guidance to December 31, 2024. The Company is currently evaluating the impact of adopting ASU 2020-04 on its consolidated financial statements. In August 2020, the FASB issued ASU No. 2020-06, “Debt-Debt with Conversion and Other Options (Subtopic 470-20) and Derivatives and Hedging-Contracts in Entity’s Own Equity (Subtopic 815-40): Accounting for Convertible Instruments and Contracts in an Entity’s Own Equity,” which simplifies the accounting for convertible instruments by removing the separation models for (1) convertible debt with a cash conversion feature and (2) convertible instruments with a beneficial conversion feature. As a result, after adoption, a convertible debt instrument will be accounted for as a single liability measured at its amortized cost. Additionally, ASU 2020-06 requires the application of the if-converted method to calculate the impact of convertible instruments on diluted earnings per share. ASU 2020-06 is effective for fiscal years beginning after December 15, 2021, with early adoption permitted for fiscal years beginning after December 15, 2020 and can be adopted on either a fully retrospective or modified retrospective basis. The Company adopted ASU 2020-06 under the modified retrospective basis as of January 1, 2022 . The impact of the Company’s adoption under the modified retrospective basis required an adjustment of $ 0.1 million to opening net assets for the remaining unamortized discount on the 2022 Convertible Notes, an increase to our debt balance in the amount of $ 0.1 million as a result of the recombination of the equity conversion component of the 2022 Convertible Notes, and $ 0.1 million lower interest expense on the Consolidated Statements of Operations. The Company’s adoption of this guidance did no t have a material impact on the Company’s financial position, results of operations, or cash flows.

Summary of Significant Accoun_3

Summary of Significant Accounting Policies (Tables)	12 Months Ended
	Dec. 31, 2022
Accounting Policies [Abstract]
Schedule of Company's Investment	At December 31, 2022, the Company's investments were categorized as follows: Level Basis for Determining Fair Value Bank Debt (1) Other (2) Equity Total 1 Quoted prices in active markets for identical $ — $ — $ 781,051 $ 781,051 2 Other direct and indirect observable market (3) 91,977,164 — — 91,977,164 3 Independent third-party valuation sources 1,258,052,376 68,451,437 187,504,790 1,514,008,603 3 Valuation Designee valuations with significant unobservable inputs 531,024 1,415,738 874,061 2,820,823 Total $ 1,350,560,564 $ 69,867,175 $ 189,159,902 $ 1,609,587,641 (1) Includes senior secured loans (2) Includes senior secured notes, unsecured debt and subordinated debt (3) For example, quoted prices in inactive markets or quotes for comparable investments At December 31, 2021, the Company’s investments were categorized as follows: Level Basis for Determining Fair Value Bank Debt (1) Other (2) Equity Total 1 Quoted prices in active markets for identical $ — $ — $ 2,469,679 $ 2,469,679 2 Other direct and indirect observable market (3) 117,393,132 — — 117,393,132 3 Independent third-party valuation sources that 1,453,211,129 61,266,010 201,713,142 1,716,190,281 3 Advisor valuations with significant unobservable inputs — 2,888,000 2,197,030 5,085,030 Total $ 1,570,604,261 $ 64,154,010 $ 206,379,851 $ 1,841,138,122 (1) Includes senior secured loans (2) Includes senior secured notes, unsecured debt and subordinated debt (3) For example, quoted prices in inactive markets or quotes for comparable investments
Schedule of Unobservable Inputs	Unobservable inputs used in the fair value measurement of Level 3 investments as of December 31, 2022 included the following: Asset Type Fair Value Valuation Technique Unobservable Input Range (Weighted Avg.) (1) Bank Debt $ 1,143,846,175 Income approach Discount rate 9.4 % - 19.5 % ( 13.8 %) 82,058,774 Market quotations Indicative bid/ask quotes 1 ( 1 ) 26,289,104 Market comparable companies Revenue multiples 1.0 x - 1.4 x ( 1.2 x) 1,324,140 Market comparable companies EBITDA multiples 3.8 x ( 3.8 x) 5,065,205 Option Pricing Model EBITDA/Revenue multiples 2.8 x ( 2.8 x) Implied volatility 20.0 % - 65.0 % ( 64.5 %) Term 1.8 years - 2.3 years ( 2.2 years) Other Corporate Debt 25,065,719 Market comparable companies Book value multiples 1.5 x ( 1.5 x) 18,320,000 Income approach Discount rate 15.3 % ( 15.3 %) 26,481,456 Market quotations Indicative bid/ask quotes 1 ( 1 ) Equity 6,752,959 Income approach Discount rate 13.9 % ( 13.9 %) 30,823,071 Market quotations Indicative bid/ask quotes 1 ( 1 ) 19,060,180 Option Pricing Model EBITDA/Revenue multiples 2.5 x - 12.5 x ( 5.7 x) Implied volatility 40.0 % - 70.0 % ( 59.7 %) Term 0.3 years - 4.3 years ( 1.4 years) 1,878,874 Market comparable companies Revenue multiples 0.8 x - 2.8 x ( 1.3 x) 80,651,665 Market comparable companies EBITDA multiples 3.0 x - 13.5 x ( 12.0 x) 44,282,544 Market comparable companies Book value multiples 0.9 x - 1.5 x ( 1.3 x) 4,929,560 Other (2) N/A N/A $ 1,516,829,426 (1) Weighted by fair value (2) Fair value was determined based on the most recently available net asset value of the issuer adjusted for identified changes in the valuations of the underlying portfolio of the issuer through the measurement date. 2. Summary of Significant Accounting Policies — (continued) Certain fair value measurements may employ more than one valuation technique, with each valuation technique receiving a relative weight between 0% and 100%. Generally, a change in an unobservable input may result in a change to the value of an investment as follows: Input Impact to Value if Impact to Value if Discount rate Decrease Increase Revenue multiples Increase Decrease EBITDA multiples Increase Decrease Book value multiples Increase Decrease Implied volatility Increase Decrease Term Increase Decrease Yield Increase Decrease Unobservable inputs used in the fair value measurement of Level 3 investments as of December 31, 2021 included the following: Asset Type Fair Value Valuation Technique Unobservable Input Range (Weighted Avg.) (1) Bank Debt $ 1,371,330,586 Income approach Discount rate 4.2 % - 14.0 % ( 9.2 %) 47,563,454 Market quotations Indicative bid/ask quotes 1 ( 1 ) 14,464,052 Market comparable companies Revenue multiples 1.3 x - 3.7 x ( 1.6 x) 12,942,417 Market comparable companies EBITDA multiples 5.3 x - 8.3 x ( 7.9 x) 6,910,620 Option Pricing Model EBITDA/Revenue multiples 4.8 x ( 4.8 x) Implied volatility 65.0 % ( 65.0 %) Term 3.3 years ( 3.3 years) Other Corporate Debt 41,381,438 Market comparable companies Book value multiples 1.3 x ( 1.3 x) 19,791,221 Income approach Discount rate 10.1 % ( 10.1 %) 2,888,000 Market quotations Indicative bid/ask quotes 1 ( 1 ) 93,351 Market comparable companies Revenue multiples 3.7 x ( 3.7 x) Equity 7,756,900 Income approach Discount rate 3.5 % - 12.5 % ( 11.6 %) 27,172,807 Market quotations Indicative bid/ask quotes 1 ( 1 ) 43,042,457 Option Pricing Model EBITDA/Revenue multiples 1.7 x - 12.5 x ( 9.1 x) Implied volatility 35.0 % - 70.0 % ( 49.4 %) Term 0.8 years - 3.9 years ( 2.5 years) 433,644 Market comparable companies Revenue multiples 0.7 x - 1.1 x ( 1.0 x) 77,824,784 Market comparable companies EBITDA multiples 5.3 x - 14.0 x ( 13.5 x) 34,082,000 Market comparable companies Book value multiples 1.3 x ( 1.3 x) 13,597,580 Other (2) N/A N/A $ 1,721,275,311 (1) Weighted by fair value (2) Fair value was determined based on the most recently available net asset value of the issuer adjusted for identified changes in the valuations of the underlying portfolio of the issuer through the measurement date.
Schedule of Changes in Investments	Changes in investments categorized as Level 3 during the year ended December 31, 2022 were as follows: Independent Third-Party Valuation Bank Debt Other Equity Total Beginning balance $ 1,453,211,129 $ 61,266,010 $ 201,713,142 $ 1,716,190,281 Net realized and unrealized gains (losses) ( 72,703,887 ) ( 1,717,980 ) ( 791,679 ) ( 75,213,546 ) Acquisitions (1) 316,725,939 8,903,407 6,617,242 332,246,588 Dispositions ( 458,402,767 ) — ( 20,079,058 ) ( 478,481,825 ) Transfers into Level 3 (2) 20,461,019 — — 20,461,019 Reclassifications within Level 3 (3) ( 1,239,056 ) — 45,143 ( 1,193,913 ) Ending balance $ 1,258,052,376 $ 68,451,437 $ 187,504,790 $ 1,514,008,603 Net change in unrealized $ ( 72,087,245 ) $ ( 1,904,916 ) $ 3,052,240 $ ( 70,939,921 ) (1) Includes payments received in kind and accretion of original issue and market discounts (2) Comprised of two investments that were transferred from Level 2 due to reduced number of market quotes (3) Comprised of one investment that was reclassified to Advisor Valuation and one that was reclassified from 2. Summary of Significant Accounting Policies — (continued) Valuation Designee Valuation Bank Debt Other Equity Total Beginning balance $ — $ 2,888,000 $ 2,197,030 $ 5,085,030 Net realized and unrealized gains (losses) ( 5,994 ) ( 15,342 ) ( 1,089,420 ) ( 1,110,756 ) Acquisitions (1) 5,994 — — 5,994 Dispositions ( 708,032 ) ( 1,456,920 ) ( 188,406 ) ( 2,353,358 ) Reclassifications within Level 3 (2) 1,239,056 — ( 45,143 ) 1,193,913 Ending balance $ 531,024 $ 1,415,738 $ 874,061 $ 2,820,823 Net change in unrealized $ ( 5,994 ) $ ( 5,304 ) $ ( 487,476 ) $ ( 498,774 ) (1) Includes payments received in kind and accretion of original issue and market discounts (2) Comprised of one investment that was reclassified to Advisor Valuation and one that was reclassified from 2. Summary of Significant Accounting Policies — (continued) Changes in investments categorized as Level 3 during the year ended December 31, 2021 were as follows: Independent Third-Party Valuation Bank Debt Other Equity Total Beginning balance $ 1,281,636,688 $ 95,923,481 $ 179,525,253 $ 1,557,085,422 Net realized and unrealized gains (losses) 2,039,545 ( 4,460,974 ) 57,820,796 55,399,367 Acquisitions (1) 671,635,821 5,909,503 25,769,005 703,314,329 Dispositions ( 487,099,264 ) ( 5,250,000 ) ( 61,670,446 ) ( 554,019,710 ) Transfers out of Level 3 (2) ( 15,001,661 ) — — ( 15,001,661 ) Reclassifications within Level 3 (3) — ( 30,856,000 ) 268,534 ( 30,587,466 ) Ending balance $ 1,453,211,129 $ 61,266,010 $ 201,713,142 $ 1,716,190,281 Net change in unrealized appreciation/depreciation $ 1,748,890 $ ( 4,460,974 ) $ 60,629,946 $ 57,917,862 (1) Includes payments received in kind and accretion of original issue and market discounts (2) Comprised of three investments that were transferred to Level 2 due to increased observable market activity (3) Comprised of one investment that was reclassified to Advisor Valuation and two that were reclassified from Advisor Valuation Advisor Valuation Bank Debt Other Equity Total Beginning balance $ — $ — $ 2,060,061 $ 2,060,061 Net realized and unrealized gains (losses) — 1,507,234 477,643 1,984,877 Dispositions — ( 29,475,234 ) ( 72,140 ) ( 29,547,374 ) Reclassifications within Level 3 (1) — 30,856,000 ( 268,534 ) 30,587,466 Ending balance $ — $ 2,888,000 $ 2,197,030 $ 5,085,030 Net change in unrealized appreciation/depreciation $ — $ 6,992,000 $ 476,795 $ 7,468,795 (1) Comprised of two investments that were reclassified to Independent Third-Party Valuation and one that was reclassified from Independent Third-Party Valuation
Schedule of Reclassification of Permanent Differences, Primary Attributable to Tax Return of Capital and Investments in Partnerships	As of December 31, 2022 and December 31, 2021, the following permanent differences, primarily attributable to tax return of capital, amortization methods for premiums and discounts on fixed income securities and investments in partnerships, were reclassified as follows: December 31, 2022 December 31, 2021 Paid-in capital $ 4,790,255 $ ( 13,563,291 ) Accumulated earnings ( 4,790,255 ) 13,563,291
Summary of Tax Character of Distributions Paid	The tax character of distributions paid was as follows: December 31, 2022 December 31, 2021 Ordinary income $ 73,364,425 $ 55,757,425 Tax return of capital — 13,563,291 $ 73,364,425 $ 69,320,716
Schedule of Tax-basis Components of Distributable Earnings (Accumulated Earnings) Applicable to Common Shareholders	The tax-basis components of distributable earnings (accumulated deficit) applicable to the common shareholders of the Company at December 31, 2022 and 2021 were as follows: December 31, 2022 December 31, 2021 Undistributed ordinary income $ 3,233,347 $ — Non-expiring capital loss carryforwards (1) ( 176,325,662 ) ( 158,543,623 ) Net unrealized gains (losses) (2) ( 48,102,232 ) 21,532,581 Total accumulated earnings (losses) $ ( 221,194,547 ) $ ( 137,011,042 ) ______________ (1) Amount available to offset future realized capital gains. (2) The difference between book-basis and tax-basis net unrealized gains (losses) was attributable primarily to the timing and recognition of partnership income, and the accrual of income on securities in default.
Schedule of Cost for U.S. Federal Income Tax	As of December 31, 2022 and December 31, 2021, gross unrealized appreciation and depreciation for investments and derivatives based on cost for U.S. federal income tax purposes were as follows: December 31, 2022 December 31, 2021 Tax basis of investments $ 1,656,032,096 $ 1,818,611,255 Unrealized appreciation $ 100,832,690 $ 118,437,592 Unrealized depreciation ( 147,277,145 ) ( 95,910,725 ) Net unrealized appreciation (depreciation) $ ( 46,444,455 ) $ 22,526,867
Schedule of Ordinary Income Distributions Paid	As of December 31, 2022, the following information is provided with respect to the ordinary income distributions paid by the Company. December 31, 2022 Section 163(j) Interest Dividends (1) $ 72,447,054 Interest Related Dividends for Non-U.S. Residents (2) 62,597,226 ______________ (1) Represents the maximum amount allowable by law as interest income eligible to be treated as Section 163(j) interest dividends. (2) Represents the maximum amount allowable as interest-related dividends eligible for exemption from US withholding tax for nonresident aliens and foreign corporations.

Debt (Tables)

Debt (Tables)	12 Months Ended
	Dec. 31, 2022
Line Of Credit Facility [Line Items]
Schedule of Total Debt Outstanding and Available	Total debt outstanding and available at December 31, 2022 was as follows: Maturity Rate Carrying (1) Available Total Operating Facility 2026 L+ 1.75 % (2) $ 123,889,980 $ 176,110,020 $ 300,000,000 (3) Funding Facility II 2025 L+ 2.00 % (4) 100,000,000 100,000,000 200,000,000 (5) SBA Debentures 2024 − 2031 2.52 % (6) 150,000,000 10,000,000 160,000,000 2024 Notes ($ 250 million par) 2024 3.900 % 248,997,527 — 248,997,527 2026 Notes ($ 325 million par) 2026 2.850 % 326,174,734 — 326,174,734 Total leverage 949,062,241 $ 286,110,020 $ 1,235,172,261 Unamortized issuance costs ( 5,056,427 ) Debt, net of unamortized issuance costs $ 944,005,814 (1) Except for the 2024 Notes and the 2026 Notes, all carrying values are the same as the principal amounts outstanding. (2) As of December 31, 2022 , $ 7.9 million of the outstanding amount bore interest at a rate of EURIBOR + 2.00 % and $ 16.0 million of the outstanding amount bore interest at a rate of Prime + 1.00 %. (3) Operating Facility includes a $ 100.0 million accordion which allows for expansion of the facility to up to $ 400.0 million subject to consent from the lender and other customary conditions. (4) Subject to certain funding requirements (5) Funding Facility II includes a $ 50.0 million accordion which allows for expansion of the facility to up to $ 250.0 million subject to consent from the lender and other customary conditions. (6) Weighted-average interest rate, excluding fees of 0.35 % or 0.36 %. Total debt outstanding and available at December 31, 2021 was as follows: Maturity Rate Carrying (1) Available Total Operating Facility 2026 L+ 1.75 % (2) $ 154,479,544 $ 145,520,456 $ 300,000,000 (3) Funding Facility II 2025 L+ 2.00 % (4) — 200,000,000 200,000,000 (5) SBA Debentures 2024 − 2031 2.52 % (6) 150,000,000 10,000,000 160,000,000 2022 Convertible Notes ($ 140 million par) 2022 4.625 % 139,886,910 — 139,886,910 2024 Notes ($ 250 million par) 2024 3.900 % 248,423,170 — 248,423,170 2026 Notes ($ 325 million par) 2026 2.850 % 326,549,826 — 326,549,826 Total leverage 1,019,339,450 $ 355,520,456 $ 1,374,859,906 Unamortized issuance costs ( 6,878,110 ) Debt, net of unamortized issuance costs $ 1,012,461,340 (1) Except for the 2022 Convertible notes, the 2022 Notes and the 2024 Notes, all carrying values are the same as the principal amounts outstanding. (2) As of December 31, 2021, $ 8.4 million of the outstanding amount bore interest at a rate of EURIBOR + 2.00 % and $ 34.1 million of the outstanding amount bore interest at a rate of Prime + 1.00 % (3) Operating Facility includes a $ 100.0 million accordion which allows for expansion of the facility to up to $ 400.0 million subject to consent from the lender and other customary conditions. (4) Subject to certain funding requirements (5) Funding Facility II includes a $ 50.0 million accordion which allows for expansion of the facility to up to $ 250.0 million subject to consent from the lender and other customary conditions. (6) Weighted-average interest rate, excluding fees of 0.35 % or 0.36 %.
Total Expense Related to Debt	Total expenses related to debt included the following: Year Ended December 31, 2022 2021 2020 Interest expense $ 35,516,749 $ 35,714,645 $ 36,488,786 Amortization of deferred debt issuance costs 3,011,599 3,703,342 3,504,578 Commitment fees 830,548 1,570,773 1,243,671 Total $ 39,358,896 $ 40,988,760 $ 41,237,035
Schedule of SBA Debenture Outstanding	SBA Debentures outstanding as of December 31, 2022 and December 31, 2021 were as follows: Issuance Date Maturity Debenture Fixed SBA September 24, 2014 September 1, 2024 $ 18,500,000 3.02 % 0.36 % March 25, 2015 March 1, 2025 9,500,000 2.52 % 0.36 % September 23, 2015 September 1, 2025 10,800,000 2.83 % 0.36 % March 23, 2016 March 1, 2026 4,000,000 2.51 % 0.36 % September 21, 2016 September 1, 2026 18,200,000 2.05 % 0.36 % September 20, 2017 September 1, 2027 14,000,000 2.52 % 0.36 % March 21, 2018 March 1, 2028 8,000,000 3.19 % 0.35 % September 19, 2018 September 1, 2028 15,000,000 3.55 % 0.35 % September 25, 2019 September 1, 2029 40,000,000 2.28 % 0.35 % September 22, 2021 September 1, 2031 12,000,000 1.30 % 0.35 % $ 150,000,000 2.52 % * * Weighted-average interest rate
2022 Convertible Notes
Line Of Credit Facility [Line Items]
Schedule of Component of Carrying Value and Interest Expense of Debt	As of December 31, 2022 and December 31, 2021, the components of the carrying values of the 2022 Convertible Notes were as follows: December 31, 2022 December 31, 2021 Principal amount of debt NA $ 140,000,000 Original issue discount, net of accretion NA ( 113,090 ) Carrying value of debt NA $ 139,886,910 For the years ended December 31, 2022, 2021 and 2020, the components of interest expense for the convertible notes were as follows: Year Ended December 31, 2022 2021 2020 Stated interest expense $ 1,079,167 $ 6,475,000 $ 6,475,000 Amortization of original issue discount — 667,113 635,485 Total interest expense $ 1,079,167 $ 7,142,113 $ 7,110,485
2024 Notes
Line Of Credit Facility [Line Items]
Schedule of Component of Carrying Value and Interest Expense of Debt	As of December 31, 2022 and December 31, 2021, the components of the carrying value of 2024 Notes and 2026 Notes were as follows: December 31, 2022 December 31, 2021 2024 Notes 2026 Notes 2024 Notes 2026 Notes Principal amount of debt $ 250,000,000 $ 325,000,000 $ 250,000,000 $ 325,000,000 Original issue (discount)/ premium, net of accretion ( 1,002,473 ) 1,174,734 ( 1,576,830 ) 1,549,826 Carrying value of debt $ 248,997,527 $ 326,174,734 $ 248,423,170 $ 326,549,826 For the years ended December 31, 2022 and 2021, the components of interest expense for the 2022 Notes, 2024 Notes and 2026 Notes were as follows: Year Ended December 31, 2022 2021 2020 2022 Notes 2024 Notes 2026 Notes 2022 Notes 2024 Notes 2026 Notes 2022 Notes 2024 Notes 2026 Notes Stated interest expense NA $ 9,750,000 $ 9,262,500 $ 5,133,333 $ 9,750,000 $ 5,933,542 $ 7,218,750 $ 8,282,083 N/A Amortization of original issue discount/ (premium) NA 574,357 ( 375,092 ) 94,927 551,261 ( 54,174 ) 128,829 463,837 N/A Total interest expense NA $ 10,324,357 $ 8,887,408 $ 5,228,260 $ 10,301,261 $ 5,879,368 $ 7,347,579 $ 8,745,920 N/A 4. Debt — (continued)

Commitments, Contingencies, C_2

Commitments, Contingencies, Concentration of Credit Risk and Off-Balance Sheet Risk (Tables)	12 Months Ended
	Dec. 31, 2022
Commitments Contingencies Concentration Of Credit Risk And Off Balance Sheet Risk [Abstract]
Schedule of Certain Revolving Loan Facilities and Other Commitments with Unfunded Balances	The Consolidated Schedules of Investments include certain revolving loan facilities and other commitments with unfunded balances at December 31, 2022 and December 31, 2021 as follows: Unfunded Balances Issuer Maturity December 31, 2022 December 31, 2021 2-10 Holdco, Inc. 3/26/2026 $ 723,670 $ 723,670 Accordion Partners LLC 8/29/2029 278,571 N/A Accordion Partners LLC 8/31/2028 123,810 N/A Acquia, Inc. 10/31/2025 779,225 1,891,323 Alcami Corporation 12/21/2028 1,420,290 N/A ALCV Purchaser, Inc. (AutoLenders) 4/15/2026 N/A 662,974 Alpine Acquisition Corp II (48Forty) 11/30/2026 179,071 N/A AmeriLife Holdings, LLC 8/31/2029 151,515 N/A AmeriLife Holdings, LLC 8/31/2028 227,273 N/A Applause App Quality, Inc. 9/30/2025 1,133,535 1,133,535 Appriss Health, LLC (PatientPing) 5/6/2027 544,531 544,531 Aras Corporation 4/13/2027 581,555 872,333 Avalara, Inc. 10/19/2028 45,000 N/A Backoffice Associates Holdings, LLC (Syniti) 4/30/2026 360,063 1,285,940 Blackbird Purchaser, Inc. (Ohio Transmission Corp.) 4/8/2027 3,384,549 3,384,549 BW Holding, Inc. (Brook & Whittle) 12/14/2029 N/A 1,110,271 Calceus Acquisition, Inc. (Cole Haan) 2/19/2025 N/A 19,298,713 CareATC, Inc. 3/14/2024 N/A 607,288 Certify, Inc. 2/28/2024 797,158 797,158 Colony Display, LLC 6/30/2026 N/A 3,538,254 CSG Buyer, Inc. (Core States) 3/31/2028 4,381,748 N/A Bonterra LLC (fka CyberGrants Holdings, LLC) 9/8/2027 397,558 555,556 Dude Solutions Holdings, Inc. 6/13/2025 N/A 2,207,896 Elevate Brands OpCo, LLC 3/15/2027 16,000,000 N/A Emerald Technologies (U.S.) AcquisitionCo, Inc. 12/29/2026 998,683 N/A ESO Solutions, Inc. 5/3/2027 1,750,277 1,750,277 Freedom Financial Network Funding, LLC 9/21/2027 2,500,000 N/A Fusion Holding Corp. (Finalsite) 9/15/2027 37,736 N/A Fusion Risk Management, Inc. 8/30/2028 35,870 N/A GC Champion Acquisition LLC (Numerix) 8/21/2028 193,947 N/A Grey Orange Incorporated 5/6/2026 1,676,151 N/A Greystone Select Company II, LLC (Passco) 3/21/2027 11,818,182 N/A GTY Technology Holdings Inc. 7/9/2029 46,154 N/A Homerenew Buyer, Inc. (Project Dream) 11/23/2027 2,095,944 1,165,501 ICIMS, Inc. 8/18/2028 1,503,556 N/A Integrate.com, Inc. (Infinity Data, Inc.) 12/17/2027 1,000,000 1,000,000 Integrity Marketing Acquisition, LLC 8/27/2025 10,254,564 N/A IT Parent, LLC (Insurance Technologies) 10/1/2026 166,667 458,333 James Perse Enterprises, Inc. 9/8/2027 1,944,444 1,944,444 Kaseya, Inc. 6/25/2029 200,000 2,419,469 Khoros, LLC (Lithium) 1/3/2024 991,682 1,322,242 Madison Logic Holdings, Inc. 12/30/2027 1,069,947 N/A OCM Luxembourg Baccarat BidCo S.À R.L. (Interblock) (Slovenia) 6/3/2027 18,519 N/A Olaplex, Inc. 1/8/2026 N/A 1,340,000 Opco Borrower, LLC (Giving Home Health Care) 8/19/2027 25,000 N/A Persado, Inc. 6/10/2027 8,608,961 N/A Peter C. Foy & Associates Insurance Services, LLC (PCF Insurance) 11/1/2028 278,157 N/A PHC Buyer, LLC (Patriot Home Care) 5/4/2028 3,959,072 N/A Pluralsight, Inc. 4/6/2027 1,208,564 2,417,128 Porcelain Acquisition Corporation (Paramount) 4/30/2027 N/A 2,686,999 Pueblo Mechanical and Controls, LLC 8/23/2028 155,250 N/A Pueblo Mechanical and Controls, LLC 8/23/2027 58,750 N/A Razor Group GmbH (Germany) 4/30/2025 6,365,227 12,225,405 Sailpoint Technologies Holdings, Inc. 8/16/2028 37,538 N/A Sandata Technologies, LLC 7/23/2024 N/A 2,250,000 SellerX Germany Gmbh & Co. Kg (Germany) 11/23/2025 20,589,674 27,008,105 SEP Eiger BidCo Ltd. (Beqom) (Switzerland) 5/9/2028 1,601,742 N/A SEP Raptor Acquisition, Inc. (Loopio) (Canada) 3/31/2027 1,163,276 1,163,276 SEP Vulcan Acquisition, Inc. (Tasktop) (Canada) 3/16/2027 N/A 1,119,498 Spark Networks, Inc. 7/1/2023 N/A 1,005,887 Streamland Media Midco LLC 8/31/2023 120,000 N/A Suited Connector, LLC 12/1/2027 852,273 1,250,000 SumUp Holdings Luxembourg S.A.R.L. (United Kingdom) 2/17/2026 N/A 15,609,739 Superman Holdings, LLC (Foundation Software) 8/31/2026 1,256,026 1,256,026 Telarix, Inc. 11/17/2023 N/A 357,143 Tempus, LLC (Epic Staffing) 2/5/2027 N/A 2,556,081 5. Commitments, Contingencies, Concentration of Credit Risk and Off-Balance Sheet Risk — (continued) Thermostat Purchaser III, Inc. (Reedy Industries) 8/31/2029 1,329,250 1,329,250 Thras.io, LLC 12/18/2026 8,787,651 8,787,651 Wealth Enhancement Group, LLC 10/4/2027 276,194 N/A Xactly Corporation 7/31/2023 N/A 854,898 Zendesk Inc. 11/22/2028 134,827 N/A Zilliant Incorporated 12/21/2027 518,519 518,518 Total Unfunded Balances 127,137,393 132,409,861

Stockholders_ Equity and Divi_2

Stockholders’ Equity and Dividends (Tables)	12 Months Ended
	Dec. 31, 2022
Equity [Abstract]
Summary of Dividends Declared and Paid	The Company’s dividends are recorded on the ex-dividend date. The following table summarizes the Company’s dividends declared and paid for the year ended December 31, 2022: Date Declared Record Date Payment Date Type Amount Total Amount February 24, 2022 March 17, 2022 March 31, 2022 Regular $ 0.30 $ 17,330,179 May 4, 2022 June 16, 2022 June 30, 2022 Regular 0.30 17,330,179 August 3, 2022 September 16, 2022 September 30, 2022 Regular 0.30 17,330,179 November 3, 2022 December 16, 2022 December 30, 2022 Regular 0.32 18,485,525 December 15, 2022 December 29, 2022 January 12, 2023 Special 0.05 2,888,363 $ 1.27 $ 73,364,425 7. Stockholders’ Equity and Dividends — (continued) The following table summarizes the Company’s dividends declared and paid for the year ended December 31, 2021: Date Declared Record Date Payment Date Type Amount Total Amount February 25, 2021 March 17, 2021 March 31, 2021 Regular $ 0.30 $ 17,330,179 May 5, 2021 June 16, 2021 June 30, 2021 Regular 0.30 17,330,179 August 2, 2021 September 16, 2021 September 30, 2021 Regular 0.30 17,330,179 November 3, 2021 December 17, 2021 December 31, 2021 Regular 0.30 17,330,179 $ 1.20 $ 69,320,716

Earnings Per Share (Tables)

Earnings Per Share (Tables)	12 Months Ended
	Dec. 31, 2022
Earnings Per Share [Abstract]
Schedule of Computation Of Net Increase In Net Assets Per Share Resulting From Operations	The following information sets forth the computation of the net increase in net assets per share resulting from operations for the years ended December 31, 2022, 2021 and 2020: Year Ended December 31, 2022 2021 2020 Net increase (decrease) in net assets from operations $ ( 9,225,332 ) $ 133,790,774 $ 71,374,488 Weighted average shares outstanding 57,767,264 57,767,264 57,991,233 Earnings (loss) per share $ ( 0.16 ) $ 2.32 $ 1.23

Financial Highlights (Tables)

Financial Highlights (Tables)	12 Months Ended
	Dec. 31, 2022
Inventory Disclosure [Abstract]
Schedule of Financial Highlights	Year Ended December 31, 2022 2021 2020 2019 2018 Per Common Share Per share NAV at beginning of period $ 14.36 $ 13.24 $ 13.21 $ 14.13 $ 14.80 Investment operations: Net investment income before income taxes 1.53 1.26 1.43 1.61 1.59 Excise taxes — — — — 0.00 Net investment income 1.53 1.26 1.43 1.61 1.59 Net realized and unrealized gain (loss) ( 1.69 ) 1.17 ( 0.16 ) ( 1.09 ) ( 0.82 ) Total from investment operations ( 0.16 ) 2.43 1.27 0.52 0.77 Repurchase of common stock — — 0.12 — — Loss on extinguishment of debt — ( 0.11 ) ( 0.04 ) — — Cumulative effect adjustment for the adoption of ASU 2020-06 (7) 0.00 — — — — Ordinary income dividends ( 1.27 ) ( 1.20 ) ( 1.13 ) ( 1.40 ) ( 1.44 ) Tax basis returns of capital — — ( 0.19 ) ( 0.04 ) — Dividends to common shareholders (9) ( 1.27 ) ( 1.20 ) ( 1.32 ) ( 1.44 ) ( 1.44 ) Per share NAV at end of period $ 12.93 $ 14.36 $ 13.24 $ 13.21 $ 14.13 Per share market price at end of period $ 12.94 $ 13.51 $ 11.24 $ 14.05 $ 13.04 Total return based on market value (1) 5.2 % 30.9 % ( 10.6 )% 18.8 % ( 5.2 )% Total return based on net asset value (2) ( 1.1 )% 17.5 % 10.2 % 3.7 % 5.2 % Shares outstanding at end of period 57,767,264 57,767,264 57,767,264 58,766,426 58,774,607 Ratios to average common equity: Net investment income (3) 10.8 % 9.0 % 11.3 % 11.6 % 10.8 % Expenses before incentive fee (4) 9.0 % 9.3 % 10.0 % 9.8 % 8.5 % Expenses and incentive fee (5) 11.3 % 11.5 % 12.1 % 12.3 % 11.2 % Ending common shareholder equity $ 746,753,790 $ 829,456,636 $ 764,986,578 $ 776,318,386 $ 830,474,727 Portfolio turnover rate 19.4 % 35.6 % 28.3 % 35.9 % 32.3 % Weighted-average debt outstanding $ 1,023,880,532 $ 985,506,056 $ 936,157,021 $ 902,977,493 $ 769,065,775 Weighted-average interest rate on debt 3.5 % 3.6 % 3.9 % 4.6 % 4.6 % Weighted-average number of common shares 57,767,264 57,767,264 57,991,233 58,766,362 58,815,216 Weighted-average debt per share $ 17.72 $ 17.06 $ 16.14 $ 15.37 $ 13.08 Asset Coverage: As of December 31, 2022 2021 2020 2019 2018 Debt Debt outstanding (6) $ 949,062,241 $ 1,019,339,449 $ 856,324,371 $ 915,514,071 $ 812,007,389 Asset coverage per $ 1,000 of debt outstanding (8) $ 1,929 $ 1,948 $ 2,058 $ 1,992 $ 2,157 (1) Total return based on market value is calculated by determining the percentage change in market value per share during the period. (2) Total return based on net asset value is calculated by determining the percentage change in net asset value per share during the period, including incentive compensation and all Company expenses including interest and other debt costs. (3) Net of incentive compensation and excise taxes. (4) Includes interest and other debt costs but excludes excise taxes. (5) Includes incentive compensation and all Company expenses including interest and other debt costs. (6) Excludes unamortized debt issuance costs which are netted in the Consolidated Statements of Assets and Liabilities. (7) See Note 2 and 4 for further information related to the adoption of ASU 2020-06. (8) Excludes SBA Debentures. 10. Financial Highlights — (continued) (9) Dividends to common shareholders include a tax return of capital of $ 0 ($ 0.00 per share), $ 13,563,291 ($ 0.23 per share), $ 11,313,222 ($ 0.19 per share), $ 2,486,618 ($ 0.04 per share), and $ 0 ($ 0.00 per share) for the years ended December 31, 2022, 2021, 2020, 2019 and 2018, respectively.

Senior Securities (Tables)

Senior Securities (Tables)	12 Months Ended
	Dec. 31, 2022
Senior Securities [Abstract]
Summary of Senior Securities	Information about the Company's senior securities is shown in the following table as of the end of each of the last ten fiscal years and the period ended December 31, 2022. Class and Year Total Amount (1) Asset Coverage (2) Involuntary Liquidating (3) Average Market (4) Operating Facility Fiscal Year 2022 $ 123,890 $ 6,906 — N/A Fiscal Year 2021 154,480 11,020 — N/A Fiscal Year 2020 120,454 9,508 — N/A Fiscal Year 2019 108,498 5,812 — N/A Fiscal Year 2018 82,000 5,221 — N/A Fiscal Year 2017 57,000 6,513 — N/A Fiscal Year 2016 100,500 4,056 — N/A Fiscal Year 2015 124,500 3,076 — N/A Fiscal Year 2014 70,000 5,356 — N/A Fiscal Year 2013 45,000 8,176 — N/A Fiscal Year 2012 74,000 7,077 — N/A Preferred Interests Fiscal Year 2022 N/A N/A N/A N/A Fiscal Year 2021 N/A N/A N/A N/A Fiscal Year 2020 N/A N/A N/A N/A Fiscal Year 2019 N/A N/A N/A N/A Fiscal Year 2018 N/A N/A N/A N/A Fiscal Year 2017 N/A N/A N/A N/A Fiscal Year 2016 N/A N/A N/A N/A Fiscal Year 2015 N/A N/A N/A N/A Fiscal Year 2014 $ 134,000 $ 51,592 $ 20,074 N/A Fiscal Year 2013 134,000 68,125 20,075 N/A Fiscal Year 2012 134,000 50,475 20,079 N/A Funding Facility I Fiscal Year 2022 N/A N/A — N/A Fiscal Year 2021 N/A N/A — N/A Fiscal Year 2020 N/A N/A — N/A Fiscal Year 2019 $ 158,000 $ 5,812 — N/A Fiscal Year 2018 212,000 5,221 — N/A Fiscal Year 2017 175,000 6,513 — N/A Fiscal Year 2016 175,000 4,056 — N/A Fiscal Year 2015 229,000 3,076 — N/A Fiscal Year 2014 125,000 5,356 — N/A Fiscal Year 2013 50,000 8,176 — N/A Funding Facility II Fiscal Year 2022 $ 100,000 $ 6,906 — N/A Fiscal Year 2021 - N/A — N/A Fiscal Year 2020 36,000 9,508 — N/A SBA Debentures Fiscal Year 2022 $ 150,000 $ 6,906 — N/A Fiscal Year 2021 150,000 11,020 — N/A Fiscal Year 2020 138,000 9,508 — N/A Fiscal Year 2019 138,000 5,812 — N/A Fiscal Year 2018 98,000 5,221 — N/A Fiscal Year 2017 83,000 6,513 — N/A Fiscal Year 2016 61,000 4,056 — N/A Fiscal Year 2015 42,800 3,076 — N/A Fiscal Year 2014 28,000 5,356 — N/A 2019 Convertible Notes Fiscal Year 2022 N/A N/A — N/A Fiscal Year 2021 N/A N/A — N/A Fiscal Year 2020 N/A N/A — N/A Fiscal Year 2019 N/A N/A — N/A Fiscal Year 2018 $ 108,000 $ 2,157 — N/A Fiscal Year 2017 108,000 2,335 — N/A Fiscal Year 2016 108,000 2,352 — N/A Fiscal Year 2015 108,000 2,429 — N/A Fiscal Year 2014 108,000 3,617 — N/A 2022 Convertible Notes Fiscal Year 2022 N/A N/A — N/A Fiscal Year 2021 $ 140,000 $ 1,948 — N/A Fiscal Year 2020 140,000 2,058 — N/A Fiscal Year 2019 140,000 1,992 — N/A Fiscal Year 2018 140,000 2,157 — N/A Fiscal Year 2017 140,000 2,335 — N/A Fiscal Year 2016 140,000 2,352 — N/A 2022 Notes Fiscal Year 2022 N/A N/A — N/A Fiscal Year 2021 N/A N/A — N/A Fiscal Year 2020 $ 175,000 $ 2,058 — N/A Fiscal Year 2019 175,000 1,992 — N/A Fiscal Year 2018 175,000 2,157 — N/A Fiscal Year 2017 175,000 2,335 — N/A 11. Senior Securities — (continued) 2024 Notes Fiscal Year 2022 $ 250,000 $ 1,929 — N/A Fiscal Year 2021 250,000 1,948 — N/A Fiscal Year 2020 250,000 2,058 — N/A Fiscal Year 2019 200,000 1,992 — N/A 2026 Notes Fiscal Year 2022 $ 325,000 $ 1,929 — N/A Fiscal Year 2021 325,000 1,948 — N/A (1) Total amount of each class of senior securities outstanding at the end of the period presented (in 1,000’s). (2) The asset coverage ratio for a class of senior securities representing indebtedness is calculated as our consolidated total assets, less all liabilities and indebtedness not represented by senior securities, divided by senior securities representing indebtedness. For the Operating Facility, Funding Facility I and Funding Facility II, the asset coverage ratio with respect to indebtedness is multiplied by $ 1,000 to determine the Asset Coverage Per Unit. (3) The amount to which such class of senior security would be entitled upon the voluntary liquidation of the issuer in preference to any security junior to it. The “—” in this column indicates that the SEC expressly does not require this information to be disclosed for certain types of senior securities. (4) The Company's senior securities are not registered for public trading.

Consolidated Schedule of Chan_2

Consolidated Schedule of Changes in Investments in Non-Controlled Affiliates and Controlled Affiliates (Tables)	12 Months Ended
	Dec. 31, 2022
Non Controlled Affiliates
Summary of Consolidated Schedule of Changes in Investments in Non-Controlled Affiliates	Security Dividends or (2) Fair Value at Net realized Net increase Acquisitions (3) Dispositions (4) Fair Value at Iracore International Holdings, Inc., Senior Secured 1st Lien Term Loan, LIBOR + 9 %, 1 % LIBOR Floor, due 4/12/24 $ 148,806 $ 1,324,140 $ - $ - $ - $ - $ 1,324,140 Iracore Investments Holdings, Inc., Class A Common Stock - 4,344,746 - ( 1,361,583 ) - - 2,983,163 NEG Parent, LLC (CORE Entertainment, Inc.), Class A Units - 15,224,581 9,653,044 ( 12,451,775 ) - ( 12,425,850 ) - NEG Parent, LLC (CORE Entertainment, Inc.), Class A Warrants to Purchase Class A Units - 1,409,955 820,337 ( 1,213,868 ) - ( 1,016,424 ) - NEG Parent, LLC (CORE Entertainment, Inc.), Class B Warrants to Purchase Class A Units - 1,423,944 699,058 ( 1,225,912 ) - ( 897,090 ) - TVG-Edmentum Holdings, LLC, Series A Preferred Units 180,519 - - - - - - TVG-Edmentum Holdings, LLC, Series B-1 Common Units 2,357,065 36,740,019 - ( 6,705,895 ) 2,357,073 - 32,391,197 TVG-Edmentum Holdings, LLC, Series B-2 Common Units - 36,740,019 - ( 4,348,822 ) - - 32,391,197 Total $ 2,686,390 $ 97,207,404 $ 11,172,439 $ ( 27,307,855 ) $ 2,357,073 $ ( 14,339,364 ) $ 69,089,697 Notes to Consolidated Schedule of Changes in Investments in Non-Controlled Affiliates: (1) The issuers of the securities listed on this schedule are considered non-controlled affiliates under the 1940 Act due to the ownership by the Company of 5 % to 25 % of the issuers' voting securities. (2) Also includes fee income as applicable. (3) Acquisitions include new purchases, PIK income and amortization of original issue and market discounts. (4) Dispositions include decreases in the cost basis from sales and paydowns. Notes to Consolidated Schedule of Changes in Investments in Non-Controlled Affiliates: (1) The issuers of the securities listed on this schedule are considered non-controlled affiliates under the 1940 Act due to the ownership by the Company of 5 % to 25 % of the issuers' voting securities. (2) Also includes fee and lease income as applicable. (3) Acquisitions include new purchases, PIK income and amortization of original issue and market discounts. (4) Dispositions include decreases in the cost basis from sales, paydowns, mortgage amortizations and aircraft depreciation.
Controlled Investments
Summary of Consolidated Schedule of Changes in Investments in Non-Controlled Affiliates	Security Dividends (2) Fair Value at Net realized Net increase Acquisitions (3) Dispositions (4) Fair Value at 36th Street Capital Partners Holdings, LLC, Membership Units $ 3,794,889 $ 34,082,000 $ - $ 20,940,000 $ 1,250,000 $ - $ 56,272,000 36th Street Capital Partners Holdings, LLC, Senior Note, 12 %, due 11/1/25 4,977,439 41,381,437 - - 8,750,000 - 50,131,437 Anacomp, Inc., Class A Common Stock - 326,437 - 225,995 - - 552,432 Conergy Asia & ME Pte. Ltd., 1st Lien Term Loan, 0 %, due 12/31/22 - 339,100 - ( 339,100 ) - - - Conergy Asia Holdings Limited, Class B Shares - - - - - - - Conergy Asia Holdings Limited, Ordinary Shares - - - - - - - Conventional Lending TCP Holdings, LLC, Membership Units 2,155,374 26,901,777 ( 124,801 ) ( 131,604 ) 515,000 ( 11,013,828 ) 16,146,544 Kawa Solar Holdings Limited, Bank Guarantee Credit Facility, 0 %, due 12/31/22 - 101,315 - - - - 101,315 Kawa Solar Holdings Limited, Ordinary Shares - - - - - - - Kawa Solar Holdings Limited, Revolving Credit Facility, 0 %, due 12/31/22 - 1,955,145 - ( 92,444 ) - - 1,862,701 Kawa Solar Holdings Limited, Series B Preferred Shares - - - - - - - Fishbowl, Inc., Senior Secured 1st Lien Term Loan, SOFR + 5 %, 1 % SOFR Floor, due 05/27/2027 577,752 - - - 12,089,579 - 12,089,579 Fishbowl INC., Common Membership Units - - - ( 209,754 ) 787,031 - 577,277 Total $ 11,505,454 $ 105,087,211 $ ( 124,801 ) $ 20,393,093 $ 23,391,610 $ ( 11,013,828 ) $ 137,733,285 Security Dividends (2) Fair Value at Net realized Net increase Acquisitions (3) Dispositions (4) Fair Value at 36th Street Capital Partners Holdings, LLC, Membership Units $ 2,110,976 $ 33,135,000 $ - $ ( 2,505,981 ) $ 4,202,981 $ ( 750,000 ) $ 34,082,000 36th Street Capital Partners Holdings, LLC, Senior Note, 12 %, due 11/1/25 5,081,395 40,834,419 - - 5,797,018 ( 5,250,000 ) 41,381,437 Anacomp, Inc., Class A Common Stock - 401,769 - ( 75,332 ) - - 326,437 Conergy Asia & ME Pte. Ltd., 1st Lien Term Loan, 0 %, due 6/30/21 - 1,154,036 - ( 814,936 ) - - 339,100 Conergy Asia Holdings Limited, Class B Shares - - - - - - - Conergy Asia Holdings Limited, Ordinary Shares - - - - - - - Conventional Lending TCP Holdings, LLC, 1,597,396 18,050,826 - ( 197,598 ) 9,048,549 - 26,901,777 Kawa Solar Holdings Limited, Bank Guarantee 0 %, due 12/31/21 - 3,336,148 - ( 3,234,833 ) - - 101,315 Kawa Solar Holdings Limited, Ordinary Shares - - - - - - - Kawa Solar Holdings Limited, Revolving Credit 0 %, due 12/31/21 - 2,114,333 - 2,974,144 - ( 3,133,332 ) 1,955,145 Kawa Solar Holdings Limited, Series B Preferred Shares - - - - - - - Total $ 8,789,767 $ 99,026,531 $ — $ ( 3,854,536 ) $ 19,048,548 $ ( 9,133,332 ) $ 105,087,211 Notes to Consolidated Schedule of Changes in Investments in Controlled Affiliates: (1) The issuers of the securities listed on this schedule are considered controlled affiliates under the 1940 Act due to the ownership by the Company of more than 25 % of the issuers' voting securities. (2) Also includes fee and lease income as applicable. (3) Acquisitions include new purchases, PIK income and amortization of original issue and market discounts. (4) Dispositions include decreases in the cost basis from sales, paydowns, mortgage amortizations and aircraft depreciation.

Consolidated Schedule of Rest_2

Consolidated Schedule of Restricted Securities of Unaffiliated Issuers (Tables)	12 Months Ended
	Dec. 31, 2022
Schedule Of Investments [Abstract]
Consolidated Schedule of Restricted Securities of Unaffiliated Issuers	Investment Acquisition Date AGY Equity, LLC, Class A Preferred Units 9/3/2020 AGY Equity, LLC, Class B Preferred Units 9/3/2020 AGY Equity, LLC, Class C Common Units 9/3/2020 Autoalert Acquisition Co, LLC, Warrants to Purchase LLC Interests 6/30/20 Blackbird Purchaser, Inc. (OTC) Preferred Stock 12/14/21 Elevate Brands OpCo LLC, Warrants for Common Stock 03/14/22 Elevate Brands OpCo LLC, Warrants for Preferred Shares 03/14/22 Fidelis (SVC) LLC, Series C Preferred Units 12/31/19 FinancialForce.com, Inc., Warrants to Purchase Series C Preferred Stock 1/30/19 Foursquare Labs, Inc., Warrants to Purchase Series E Preferred Stock 5/4/17 GACP I, LP (Great American Capital), Membership Units 10/1/15 GACP II, LP (Great American Capital), Membership Units 1/12/18 GlassPoint, Inc., Warrants to Purchase Common Stock 2/7/17 Hylan Datacom & Electrical, LLC, Class A Units 03/30/22 InMobi, Inc., Warrants to Purchase Common Stock 8/22/17 InMobi, Inc., Warrants to Purchase Series E Preferred Stock (Strike Price $ 20.01 ) 9/18/15 InMobi, Inc., Warrants to Purchase Series E Preferred Stock (Strike Price $ 28.58 ) 10/1/18 Inotiv, Inc., Common Shares 03/30/22 Nanosys, Inc., Warrants to Purchase Preferred Stock 3/29/16 PerchHQ, Warrants for Common Units 09/30/22 Plate Newco 1 Limited (Avanti), Common Stock 04/13/22 Pico Quantitative Trading Holdings, LLC, Warrants to Purchase Membership Units 2/7/20 Quora, Inc., Warrants to Purchase Series D Preferred Stock 4/12/19 Razor Group GmbH, Warrants to Purchase Preferred Series A1 Shares 4/28/21 Razor Warrants 12/23/22 ResearchGate Corporation., Warrants to Purchase Series D Preferred Stock 11/7/19 SellerX Germany GMBH & Co. KG,, Warrants to Purchase Preferred B Shares 11/23/21 SnapLogic, Inc., Warrants to Purchase Series Preferred Stock 3/20/18 Soraa, Inc., Warrants to Purchase Preferred Stock 8/29/14 SoundCloud, Ltd., Warrants to Purchase Preferred Stock 4/30/15 Tradeshift, Inc., Warrants to Purchase Series D Preferred Stock 3/9/17 Utilidata, Inc., Common Stock 7/6/20 Utilidata, Inc., Series C Preferred Stock 7/6/20 Utilidata, Inc., Series CC Preferred Stock 7/6/20 WorldRemit Group Limited, Warrants to Purchase Series D Stock 2/11/21 Investment Acquisition Date AGY Equity, LLC, Class A Preferred Units 9/3/2020 AGY Equity, LLC, Class B Preferred Units 9/3/2020 AGY Equity, LLC, Class C Common Units 9/3/2020 Autoalert Acquisition Co, LLC, Warrants to Purchase LLC Interests 6/30/20 Avanti Communications Group, PLC (144A), Senior New Money Initial Note, 9 %, due 10/1/22 1/26/17 Avanti Communications Group, PLC (144A), Senior Second-Priority PIK Toggle Note, 9 %, due 10/1/22 1/26/17 Blackbird Purchaser, Inc. (OTC) Preferred Stock 12/14/21 Envigo RMS Holding Corp., Common Stock 6/3/19 Fidelis (SVC) LLC, Series C Preferred Units 12/31/19 FinancialForce.com, Inc., Warrants to Purchase Series C Preferred Stock 1/30/19 Foursquare Labs, Inc., Warrants to Purchase Series E Preferred Stock 5/4/17 GACP I, LP (Great American Capital), Membership Units 10/1/15 GACP II, LP (Great American Capital), Membership Units 1/12/18 GlassPoint, Inc., Warrants to Purchase Common Stock 2/7/17 InMobi, Inc., Warrants to Purchase Common Stock 8/22/17 InMobi, Inc., Warrants to Purchase Series E Preferred Stock (Strike Price $ 20.01 ) 9/18/15 InMobi, Inc., Warrants to Purchase Series E Preferred Stock (Strike Price $ 28.58 ) 10/1/18 Nanosys, Inc., Warrants to Purchase Preferred Stock 3/29/16 Pico Quantitative Trading Holdings, LLC, Warrants to Purchase Membership Units 2/7/20 Quora, Inc., Warrants to Purchase Series D Preferred Stock 4/12/19 Razor Group GmbH (Germany), Warrants to Purchase Preferred Stock 4/28/21 ResearchGate Corporation., Warrants to Purchase Series D Preferred Stock 11/7/19 SellerX Germany GMBH & Co. KG,, Warrants to Purchase Preferred B Shares 11/23/21 SnapLogic, Inc., Warrants to Purchase Series Preferred Stock 3/20/18 Soraa, Inc., Warrants to Purchase Preferred Stock 8/29/14 SoundCloud, Ltd., Warrants to Purchase Preferred Stock 4/30/15 Tradeshift, Inc., Warrants to Purchase Series D Preferred Stock 3/9/17 Utilidata, Inc., Common Stock 7/6/20 Utilidata, Inc., Series C Preferred Stock 7/6/20 Utilidata, Inc., Series CC Preferred Stock 7/6/20 Worldremit Group Limited (United Kingdom), Warrants to Purchase Series D Stock 2/11/21

Summary of Significant Accoun_4

Summary of Significant Accounting Policies - Additional Information (Details)	12 Months Ended
	Dec. 31, 2022 USD ($)	Dec. 31, 2021 USD ($)	Dec. 31, 2020 USD ($)
Line Of Credit Facility [Line Items]
Investment aggregate capitalization	5%
Investments aggregating capitalization valuations of Percentage	5%
Minimum aggregate percentage of assets required for applicability of foregoing investment policies	5%
Restricted cash	$ 0	$ 0
Percentage of foreign Currency Denominated Investments	0.005	0.005
Derivative	$ 0	$ 0
Change in accounting principle, accounting standards update, immaterial effect [true false]	true
Change in accounting principle, accounting standards update, adopted [true false]	true
Change in accounting principle, accounting standards update, adoption date	Jan. 01, 2022
Accounting Standards Update [Extensible Enumeration]	us-gaap:AccountingStandardsUpdate202006CumulativeEffectPeriodOfAdoptionMember
Unamortized issuance costs	$ (5,056,427)	(6,878,110)
Interest and other debt expenses	39,358,896	$ 40,988,760	$ 41,237,035
2022 Convertible Notes
Line Of Credit Facility [Line Items]
Debt instrument, convertible amount of equity component	3,300,000
2022 Convertible Notes | ASU 2020-06
Line Of Credit Facility [Line Items]
Unamortized issuance costs	100,000
Debt instrument, convertible amount of equity component	100,000
Interest and other debt expenses	$ 100,000

Summary of Significant Accoun_5

Summary of Significant Accounting Policies - Schedule of Company's Investment (Details) - USD ($)	Dec. 31, 2022	Dec. 31, 2021
Marketable Securities [Line Items]
Total	$ 1,609,587,641	$ 1,841,138,122
Bank Debt
Marketable Securities [Line Items]
Debt	1,350,560,564	1,570,604,261
Other Corporate Debt
Marketable Securities [Line Items]
Debt	69,867,175	64,154,010
Equity Securities
Marketable Securities [Line Items]
Equity Securities	189,159,902	206,379,851
Level 1
Marketable Securities [Line Items]
Total	781,051	2,469,679
Level 1 | Bank Debt
Marketable Securities [Line Items]
Debt	0	0
Level 1 | Other Corporate Debt
Marketable Securities [Line Items]
Debt	0	0
Level 1 | Equity Securities
Marketable Securities [Line Items]
Equity Securities	781,051	2,469,679
Level 2
Marketable Securities [Line Items]
Total	91,977,164	117,393,132
Level 2 | Bank Debt
Marketable Securities [Line Items]
Debt	91,977,164	117,393,132
Level 2 | Other Corporate Debt
Marketable Securities [Line Items]
Debt	0	0
Level 2 | Equity Securities
Marketable Securities [Line Items]
Equity Securities	0
Level 3 | Independent Third-Party Valuation
Marketable Securities [Line Items]
Total	1,514,008,603	1,716,190,281
Level 3 | Valuation Designee
Marketable Securities [Line Items]
Total	2,820,823
Level 3 | Advisor Valuations
Marketable Securities [Line Items]
Total		5,085,030
Level 3 | Bank Debt | Independent Third-Party Valuation
Marketable Securities [Line Items]
Debt	1,258,052,376	1,453,211,129
Level 3 | Bank Debt | Valuation Designee
Marketable Securities [Line Items]
Debt	531,024
Level 3 | Bank Debt | Advisor Valuations
Marketable Securities [Line Items]
Debt		0
Level 3 | Other Corporate Debt | Independent Third-Party Valuation
Marketable Securities [Line Items]
Debt	68,451,437	61,266,010
Level 3 | Other Corporate Debt | Valuation Designee
Marketable Securities [Line Items]
Debt	1,415,738
Level 3 | Other Corporate Debt | Advisor Valuations
Marketable Securities [Line Items]
Debt		2,888,000
Level 3 | Equity Securities | Independent Third-Party Valuation
Marketable Securities [Line Items]
Equity Securities	187,504,790	201,713,142
Level 3 | Equity Securities | Valuation Designee
Marketable Securities [Line Items]
Equity Securities	$ 874,061
Level 3 | Equity Securities | Advisor Valuations
Marketable Securities [Line Items]
Equity Securities		$ 2,197,030

Summary of Significant Accoun_6

Summary of Significant Accounting Policies - Schedule of Unobservable Inputs (Details) - Level 3	12 Months Ended
	Dec. 31, 2022 USD ($)	Dec. 31, 2021 USD ($)
Marketable Securities [Line Items]
Fair Value	$ 1,516,829,426	$ 1,721,275,311
Bank Debt | Income Approach | Discount Rate
Marketable Securities [Line Items]
Fair Value	$ 1,143,846,175	$ 1,371,330,586
Bank Debt | Income Approach | Discount Rate | Minimum
Marketable Securities [Line Items]
Range	9.4	4.2
Bank Debt | Income Approach | Discount Rate | Maximum
Marketable Securities [Line Items]
Range	19.5	14
Bank Debt | Income Approach | Discount Rate | Weighted Average
Marketable Securities [Line Items]
Range	13.8	9.2
Bank Debt | Market Quotations | Indicative Bid/Ask Quotes
Marketable Securities [Line Items]
Fair Value	$ 82,058,774	$ 47,563,454
Range	1	1
Bank Debt | Market Quotations | Indicative Bid/Ask Quotes | Weighted Average
Marketable Securities [Line Items]
Range	1	1
Bank Debt | Market Comparable Companies | Revenue Multiples
Marketable Securities [Line Items]
Fair Value	$ 26,289,104	$ 14,464,052
Bank Debt | Market Comparable Companies | Revenue Multiples | Minimum
Marketable Securities [Line Items]
Range	1	1.3
Bank Debt | Market Comparable Companies | Revenue Multiples | Maximum
Marketable Securities [Line Items]
Range	1.4	3.7
Bank Debt | Market Comparable Companies | Revenue Multiples | Weighted Average
Marketable Securities [Line Items]
Range	1.2	1.6
Bank Debt | Market Comparable Companies | EBITDA Multiples
Marketable Securities [Line Items]
Fair Value	$ 1,324,140	$ 12,942,417
Range	3.8
Bank Debt | Market Comparable Companies | EBITDA Multiples | Minimum
Marketable Securities [Line Items]
Range		5.3
Bank Debt | Market Comparable Companies | EBITDA Multiples | Maximum
Marketable Securities [Line Items]
Range		8.3
Bank Debt | Market Comparable Companies | EBITDA Multiples | Weighted Average
Marketable Securities [Line Items]
Range	3.8	7.9
Bank Debt | Option Pricing Model | EBITDA/Revenue Multiples
Marketable Securities [Line Items]
Fair Value	$ 5,065,205	$ 6,910,620
Range	2.8	4.8
Bank Debt | Option Pricing Model | EBITDA/Revenue Multiples | Weighted Average
Marketable Securities [Line Items]
Range	2.8	4.8
Bank Debt | Option Pricing Model | Implied Volatility
Marketable Securities [Line Items]
Range		65
Bank Debt | Option Pricing Model | Implied Volatility | Minimum
Marketable Securities [Line Items]
Range	20
Bank Debt | Option Pricing Model | Implied Volatility | Maximum
Marketable Securities [Line Items]
Range	65
Bank Debt | Option Pricing Model | Implied Volatility | Weighted Average
Marketable Securities [Line Items]
Range	64.5	65
Bank Debt | Option Pricing Model | Term
Marketable Securities [Line Items]
Unobservable input, Term		3 years 3 months 18 days
Bank Debt | Option Pricing Model | Term | Minimum
Marketable Securities [Line Items]
Unobservable input, Term	1 year 9 months 18 days
Bank Debt | Option Pricing Model | Term | Maximum
Marketable Securities [Line Items]
Unobservable input, Term	2 years 3 months 18 days
Bank Debt | Option Pricing Model | Term | Weighted Average
Marketable Securities [Line Items]
Unobservable input, Term	2 years 2 months 12 days	3 years 3 months 18 days
Other Corporate Debt | Income Approach | Discount Rate
Marketable Securities [Line Items]
Fair Value	$ 18,320,000	$ 19,791,221
Range	15.3	10.1
Other Corporate Debt | Income Approach | Discount Rate | Weighted Average
Marketable Securities [Line Items]
Range	15.3	10.1
Other Corporate Debt | Market Quotations | Indicative Bid/Ask Quotes
Marketable Securities [Line Items]
Fair Value	$ 26,481,456	$ 2,888,000
Range	1	1
Other Corporate Debt | Market Quotations | Indicative Bid/Ask Quotes | Weighted Average
Marketable Securities [Line Items]
Range	1	1
Other Corporate Debt | Market Comparable Companies | Revenue Multiples
Marketable Securities [Line Items]
Fair Value		$ 93,351
Range		3.7
Other Corporate Debt | Market Comparable Companies | Revenue Multiples | Weighted Average
Marketable Securities [Line Items]
Range		3.7
Other Corporate Debt | Market Comparable Companies | Book Value Multiples
Marketable Securities [Line Items]
Fair Value	$ 25,065,719	$ 41,381,438
Range	1.5	1.3
Other Corporate Debt | Market Comparable Companies | Book Value Multiples | Weighted Average
Marketable Securities [Line Items]
Range	1.5	1.3
Equity | Income Approach | Discount Rate
Marketable Securities [Line Items]
Fair Value	$ 6,752,959	$ 7,756,900
Range	13.9
Equity | Income Approach | Discount Rate | Minimum
Marketable Securities [Line Items]
Range		3.5
Equity | Income Approach | Discount Rate | Maximum
Marketable Securities [Line Items]
Range		12.5
Equity | Income Approach | Discount Rate | Weighted Average
Marketable Securities [Line Items]
Range	13.9	11.6
Equity | Market Quotations | Indicative Bid/Ask Quotes
Marketable Securities [Line Items]
Fair Value	$ 30,823,071	$ 27,172,807
Range	1	1
Equity | Market Quotations | Indicative Bid/Ask Quotes | Weighted Average
Marketable Securities [Line Items]
Range	1	1
Equity | Market Comparable Companies | Revenue Multiples
Marketable Securities [Line Items]
Fair Value	$ 1,878,874	$ 433,644
Equity | Market Comparable Companies | Revenue Multiples | Minimum
Marketable Securities [Line Items]
Range	0.8	0.7
Equity | Market Comparable Companies | Revenue Multiples | Maximum
Marketable Securities [Line Items]
Range	2.8	1.1
Equity | Market Comparable Companies | Revenue Multiples | Weighted Average
Marketable Securities [Line Items]
Range	1.3	1
Equity | Market Comparable Companies | EBITDA Multiples
Marketable Securities [Line Items]
Fair Value	$ 80,651,665	$ 77,824,784
Equity | Market Comparable Companies | EBITDA Multiples | Minimum
Marketable Securities [Line Items]
Range	3	5.3
Equity | Market Comparable Companies | EBITDA Multiples | Maximum
Marketable Securities [Line Items]
Range	13.5	14
Equity | Market Comparable Companies | EBITDA Multiples | Weighted Average
Marketable Securities [Line Items]
Range	12	13.5
Equity | Market Comparable Companies | Book Value Multiples
Marketable Securities [Line Items]
Fair Value	$ 44,282,544	$ 34,082,000
Range		1.3
Equity | Market Comparable Companies | Book Value Multiples | Minimum
Marketable Securities [Line Items]
Range	0.9
Equity | Market Comparable Companies | Book Value Multiples | Maximum
Marketable Securities [Line Items]
Range	1.5
Equity | Market Comparable Companies | Book Value Multiples | Weighted Average
Marketable Securities [Line Items]
Range	1.3	1.3
Equity | Option Pricing Model | EBITDA/Revenue Multiples
Marketable Securities [Line Items]
Fair Value	$ 19,060,180	$ 43,042,457
Equity | Option Pricing Model | EBITDA/Revenue Multiples | Minimum
Marketable Securities [Line Items]
Range	2.5	1.7
Equity | Option Pricing Model | EBITDA/Revenue Multiples | Maximum
Marketable Securities [Line Items]
Range	12.5	12.5
Equity | Option Pricing Model | EBITDA/Revenue Multiples | Weighted Average
Marketable Securities [Line Items]
Range	5.7	9.1
Equity | Option Pricing Model | Implied Volatility | Minimum
Marketable Securities [Line Items]
Range	40	35
Equity | Option Pricing Model | Implied Volatility | Maximum
Marketable Securities [Line Items]
Range	70	70
Equity | Option Pricing Model | Implied Volatility | Weighted Average
Marketable Securities [Line Items]
Range	59.7	49.4
Equity | Option Pricing Model | Term | Minimum
Marketable Securities [Line Items]
Unobservable input, Term	3 months 18 days	9 months 18 days
Equity | Option Pricing Model | Term | Maximum
Marketable Securities [Line Items]
Unobservable input, Term	4 years 3 months 18 days	3 years 10 months 24 days
Equity | Option Pricing Model | Term | Weighted Average
Marketable Securities [Line Items]
Unobservable input, Term	1 year 4 months 24 days	2 years 6 months
Equity | Other | Discount Rate
Marketable Securities [Line Items]
Fair Value	$ 4,929,560	$ 13,597,580

Summary of Significant Accoun_7

Summary of Significant Accounting Policies - Summary of Change in Unobservable Input May Result in Change to Value of Investment (Details) - Level 3	12 Months Ended
	Dec. 31, 2022
Discount Rate
Marketable Securities [Line Items]
Impact to Value if Input Increases	Decrease
Impact to Value if Input Decreases	Increase
Revenue Multiples
Marketable Securities [Line Items]
Impact to Value if Input Increases	Increase
Impact to Value if Input Decreases	Decrease
EBITDA Multiples
Marketable Securities [Line Items]
Impact to Value if Input Increases	Increase
Impact to Value if Input Decreases	Decrease
Book Value Multiples
Marketable Securities [Line Items]
Impact to Value if Input Increases	Increase
Impact to Value if Input Decreases	Decrease
Implied Volatility
Marketable Securities [Line Items]
Impact to Value if Input Increases	Increase
Impact to Value if Input Decreases	Decrease
Term
Marketable Securities [Line Items]
Impact to Value if Input Increases	Increase
Impact to Value if Input Decreases	Decrease
Yield
Marketable Securities [Line Items]
Impact to Value if Input Increases	Increase
Impact to Value if Input Decreases	Decrease

Summary of Significant Accoun_8

Summary of Significant Accounting Policies - Schedule of Changes in Investments (Details) - Level 3 - USD ($)	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Independent Third-Party Valuation
Marketable Securities [Line Items]
Beginning balance	$ 1,716,190,281	$ 1,557,085,422
Net realized and unrealized gains (losses)	$ (75,213,546)	55,399,367
Fair Value, Asset, Recurring Basis, Unobservable Input Reconciliation, Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration]	Gain Loss On Investments
Acquisitions	$ 332,246,588	703,314,329
Dispositions	(478,481,825)	(554,019,710)
Transfers into Level 3	20,461,019
Transfers out of Level 3		(15,001,661)
Reclassifications within Level 3	(1,193,913)	(30,587,466)
Ending balance	1,514,008,603	1,716,190,281
Net change in unrealized appreciation/depreciation during the period on investments still held at period end (included in net realized and unrealized gains/losses, above)	$ (70,939,921)	57,917,862
Fair Value, Asset, Recurring Basis, Still Held, Unrealized Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration]	Unrealized Gain Loss On Investments
Valuation Designee
Marketable Securities [Line Items]
Beginning balance	$ 5,085,030
Net realized and unrealized gains (losses)	(1,110,756)
Acquisitions	5,994
Dispositions	(2,353,358)
Reclassifications within Level 3	1,193,913
Ending balance	2,820,823	5,085,030
Net change in unrealized appreciation/depreciation during the period on investments still held at period end (included in net realized and unrealized gains/losses, above)	$ (498,774)
Fair Value, Asset, Recurring Basis, Still Held, Unrealized Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration]	Unrealized Gain Loss On Investments
Advisor Valuation
Marketable Securities [Line Items]
Beginning balance	$ 5,085,030	2,060,061
Net realized and unrealized gains (losses)		1,984,877
Dispositions		29,547,374
Reclassifications within Level 3		30,587,466
Ending balance		5,085,030
Net change in unrealized appreciation/depreciation during the period on investments still held at period end (included in net realized and unrealized gains/losses, above)		7,468,795
Bank Debt | Independent Third-Party Valuation
Marketable Securities [Line Items]
Beginning balance	1,453,211,129	1,281,636,688
Net realized and unrealized gains (losses)	$ (72,703,887)	2,039,545
Fair Value, Asset, Recurring Basis, Unobservable Input Reconciliation, Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration]	Gain Loss On Investments
Acquisitions	$ 316,725,939	671,635,821
Dispositions	(458,402,767)	(487,099,264)
Transfers into Level 3	20,461,019
Transfers out of Level 3		(15,001,661)
Reclassifications within Level 3	(1,239,056)
Ending balance	1,258,052,376	1,453,211,129
Net change in unrealized appreciation/depreciation during the period on investments still held at period end (included in net realized and unrealized gains/losses, above)	$ (72,087,245)	1,748,890
Fair Value, Asset, Recurring Basis, Still Held, Unrealized Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration]	Unrealized Gain Loss On Investments
Bank Debt | Valuation Designee
Marketable Securities [Line Items]
Beginning balance
Net realized and unrealized gains (losses)	(5,994)
Acquisitions	5,994
Dispositions	(708,032)
Reclassifications within Level 3	1,239,056
Ending balance	531,024
Net change in unrealized appreciation/depreciation during the period on investments still held at period end (included in net realized and unrealized gains/losses, above)	$ (5,994)
Fair Value, Asset, Recurring Basis, Still Held, Unrealized Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration]	Unrealized Gain Loss On Investments
Bank Debt | Advisor Valuation
Marketable Securities [Line Items]
Beginning balance
Net realized and unrealized gains (losses)
Dispositions
Reclassifications within Level 3
Ending balance
Net change in unrealized appreciation/depreciation during the period on investments still held at period end (included in net realized and unrealized gains/losses, above)
Other Corporate Debt | Independent Third-Party Valuation
Marketable Securities [Line Items]
Beginning balance	61,266,010	95,923,481
Net realized and unrealized gains (losses)	$ (1,717,980)	(4,460,974)
Fair Value, Asset, Recurring Basis, Unobservable Input Reconciliation, Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration]	Gain Loss On Investments
Acquisitions	$ 8,903,407	5,909,503
Dispositions	0	(5,250,000)
Transfers into Level 3	0
Transfers out of Level 3		0
Reclassifications within Level 3	0	(30,856,000)
Ending balance	68,451,437	61,266,010
Net change in unrealized appreciation/depreciation during the period on investments still held at period end (included in net realized and unrealized gains/losses, above)	$ (1,904,916)	(4,460,974)
Fair Value, Asset, Recurring Basis, Still Held, Unrealized Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration]	Unrealized Gain Loss On Investments
Other Corporate Debt | Valuation Designee
Marketable Securities [Line Items]
Beginning balance	$ 2,888,000
Net realized and unrealized gains (losses)	(15,342)
Acquisitions
Dispositions	(1,456,920)
Reclassifications within Level 3
Ending balance	1,415,738	2,888,000
Net change in unrealized appreciation/depreciation during the period on investments still held at period end (included in net realized and unrealized gains/losses, above)	$ (5,304)
Fair Value, Asset, Recurring Basis, Still Held, Unrealized Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration]	Unrealized Gain Loss On Investments
Other Corporate Debt | Advisor Valuation
Marketable Securities [Line Items]
Beginning balance	$ 2,888,000
Net realized and unrealized gains (losses)		1,507,234
Dispositions		29,475,234
Reclassifications within Level 3		30,856,000
Ending balance		2,888,000
Net change in unrealized appreciation/depreciation during the period on investments still held at period end (included in net realized and unrealized gains/losses, above)		6,992,000
Equity Securities | Independent Third-Party Valuation
Marketable Securities [Line Items]
Beginning balance	201,713,142	179,525,253
Net realized and unrealized gains (losses)	$ (791,679)	57,820,796
Fair Value, Asset, Recurring Basis, Unobservable Input Reconciliation, Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration]	Gain Loss On Investments
Acquisitions	$ 6,617,242	25,769,005
Dispositions	(20,079,058)	(61,670,446)
Transfers into Level 3	0
Transfers out of Level 3		0
Reclassifications within Level 3	45,143	268,534
Ending balance	187,504,790	201,713,142
Net change in unrealized appreciation/depreciation during the period on investments still held at period end (included in net realized and unrealized gains/losses, above)	$ 3,052,240	60,629,946
Fair Value, Asset, Recurring Basis, Still Held, Unrealized Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration]	Unrealized Gain Loss On Investments
Equity Securities | Valuation Designee
Marketable Securities [Line Items]
Beginning balance	$ 2,197,030
Net realized and unrealized gains (losses)	(1,089,420)
Acquisitions
Dispositions	(188,406)
Reclassifications within Level 3	(45,143)
Ending balance	874,061	2,197,030
Net change in unrealized appreciation/depreciation during the period on investments still held at period end (included in net realized and unrealized gains/losses, above)	$ (487,476)
Fair Value, Asset, Recurring Basis, Still Held, Unrealized Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration]	Unrealized Gain Loss On Investments
Equity Securities | Advisor Valuation
Marketable Securities [Line Items]
Beginning balance	$ 2,197,030	2,060,061
Net realized and unrealized gains (losses)		477,643
Dispositions		72,140
Reclassifications within Level 3		(268,534)
Ending balance		2,197,030
Net change in unrealized appreciation/depreciation during the period on investments still held at period end (included in net realized and unrealized gains/losses, above)		$ 476,795

Summary of Significant Accoun_9

Summary of Significant Accounting Policies - Schedule of Reclassification of Permanent Differences, Primary Attributable to Tax Return of Capital and Investments in Partnerships (Details) - USD ($)	Dec. 31, 2022	Dec. 31, 2021
Accounting Policies [Abstract]
Paid-in capital	$ 4,790,255	$ (13,563,291)
Accumulated earnings	$ (4,790,255)	$ 13,563,291

Summary of Significant Accou_10

Summary of Significant Accounting Policies - Summary of Tax Character of Distributions Paid (Details) - USD ($)										12 Months Ended
	Dec. 15, 2022	Nov. 03, 2022	Aug. 03, 2022	May 04, 2022	Feb. 24, 2022	Nov. 03, 2021	Aug. 02, 2021	May 05, 2021	Feb. 25, 2021	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Accounting Policies [Abstract]
Ordinary income										$ 73,364,425	$ 55,757,425
Tax return of capital										0	13,563,291
Total Amount	$ 2,888,363	$ 18,485,525	$ 17,330,179	$ 17,330,179	$ 17,330,179	$ 17,330,179	$ 17,330,179	$ 17,330,179	$ 17,330,179	$ 73,364,425	$ 69,320,716	$ 76,612,359

Summary of Significant Accou_11

Summary of Significant Accounting Policies - Schedule of Tax-basis Components of Distributable Earnings (Accumulated Earnings) Applicable to Common Shareholders (Details) - USD ($)	Dec. 31, 2022	Dec. 31, 2021
Accounting Policies [Abstract]
Undistributed ordinary income	$ 3,233,347	$ 0
Non-expiring capital loss carryforwards	(176,325,662)	(158,543,623)
Net unrealized gains (losses)	(48,102,232)	21,532,581
Total accumulated earnings (losses)	$ (221,194,547)	$ (137,011,042)

Summary of Significant Accou_12

Summary of Significant Accounting Policies - Schedule of Cost for U.S. Federal Income Tax (Details) - USD ($)	Dec. 31, 2022	Dec. 31, 2021
Accounting Policies [Abstract]
Tax basis of investments	$ 1,656,032,096	$ 1,818,611,255
Unrealized appreciation	100,832,690	118,437,592
Unrealized depreciation	(147,277,145)	(95,910,725)
Net unrealized appreciation (depreciation)	$ 46,444,455	$ 22,526,867

Summary of Significant Accou_13

Summary of Significant Accounting Policies - Schedule of Ordinary Income Distributions Paid (Details)	12 Months Ended
	Dec. 31, 2022 USD ($)
Accounting Policies [Abstract]
Section 163(j) Interest Dividends	$ 72,447,054
Interest Related Dividends for Non-U.S. Residents	$ 62,597,226

Management Fees, Incentive Fe_2

Management Fees, Incentive Fees and Other Expenses - Additional Information (Details) - USD ($)	3 Months Ended	12 Months Ended			47 Months Ended
	Jun. 30, 2020	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2022	Feb. 08, 2019
Schedule Of Investment Income Reported Amounts By Category [Line Items]
Percentage of management fee on assets					200%
Percentage of management fee on net asset value					1.50%
Cumulative total return		7%
Net investment income	$ 3,900,000	$ 88,438,173	$ 72,543,114	$ 83,221,982
Incentive fees			1,900,000
Accrued reserve for additional incentive compensation		$ 0	$ 0		$ 0
Maximum
Schedule Of Investment Income Reported Amounts By Category [Line Items]
Percentage of management fee on net asset value					1.50%
Percentage of reduction of incentive compensation on net investment income and net unrealized losses					20%
Percentage of reduction of cumulative return hurdle					8%
Percentage rate of net realized gains on income fee reduction						20%
Minimum
Schedule Of Investment Income Reported Amounts By Category [Line Items]
Percentage of management fee on net asset value					1%
Percentage of reduction of incentive compensation on net investment income and net unrealized losses					17.50%
Percentage of reduction of cumulative return hurdle					7%
Percentage rate of net realized gains on income fee reduction						17.50%

Debt - Schedule of Total Debt O

Debt - Schedule of Total Debt Outstanding and Available (Details) - USD ($)	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Line Of Credit Facility [Line Items]
Carrying Value	$ 949,062,241	$ 1,019,339,450
Available	286,110,020	355,520,456
Total Capacity	1,235,172,261	1,374,859,906
Unamortized issuance costs	(5,056,427)	(6,878,110)
Debt, net of unamortized issuance costs	$ 944,005,814	$ 1,012,461,340
Operating Facility
Line Of Credit Facility [Line Items]
Maturity	2026	2026
Rate	1.75%	1.75%
Carrying Value	$ 123,889,980	$ 154,479,544
Available	176,110,020	145,520,456
Total Capacity	$ 300,000,000	$ 300,000,000
Funding Facility II
Line Of Credit Facility [Line Items]
Maturity	2025	2025
Rate	2%	2%
Carrying Value	$ 100,000,000	$ 0
Available	100,000,000	200,000,000
Total Capacity	$ 200,000,000	$ 200,000,000
SBA Debentures
Line Of Credit Facility [Line Items]
Rate	2.52%	2.52%
Carrying Value	$ 150,000,000	$ 150,000,000
Available	10,000,000	10,000,000
Total Capacity	$ 160,000,000	$ 160,000,000
SBA Debentures | Minimum
Line Of Credit Facility [Line Items]
Maturity	2024	2024
SBA Debentures | Maximum
Line Of Credit Facility [Line Items]
Maturity	2031	2031
2024 Notes
Line Of Credit Facility [Line Items]
Maturity	2024	2024
Rate	3.90%	3.90%
Carrying Value	$ 248,997,527	$ 248,423,170
Available	0	0
Total Capacity	$ 248,997,527	$ 248,423,170
2026 Notes
Line Of Credit Facility [Line Items]
Maturity	2026	2026
Rate	2.85%	2.85%
Carrying Value	$ 326,174,734	$ 326,549,826
Available	0	0
Total Capacity	$ 326,174,734	$ 326,549,826
2022 Convertible Notes
Line Of Credit Facility [Line Items]
Maturity		2022
Rate		4.625%
Carrying Value		$ 139,886,910
Available		0
Total Capacity		$ 139,886,910

Debt - Schedule of Total Debt_2

Debt - Schedule of Total Debt Outstanding and Available (Parenthetical) (Details) - USD ($)	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Line Of Credit Facility [Line Items]
Debt outstanding amount	$ 944,005,814	$ 1,012,461,340
Debt, weighted average interest rate	3.50%	3.60%	3.90%	4.60%	4.60%
Minimum
Line Of Credit Facility [Line Items]
Debt, weighted average interest rate	0.35%	0.35%
Maximum
Line Of Credit Facility [Line Items]
Debt, weighted average interest rate	0.36%	0.36%
Interest Rate of EURIBOR +
Line Of Credit Facility [Line Items]
Debt outstanding amount	$ 7,900,000	$ 8,400,000
Debt instrument, interest rate	2%	2%
Interest Rate of Rate Prime +
Line Of Credit Facility [Line Items]
Debt outstanding amount	$ 16,000,000	$ 34,100,000
Debt instrument, interest rate	1%	1%
2024 Notes
Line Of Credit Facility [Line Items]
Debt instrument, par amount	$ 250,000,000	$ 250,000,000
Debt instrument, interest rate	3.90%	3.90%
2026 Notes
Line Of Credit Facility [Line Items]
Debt instrument, par amount	$ 325,000,000	$ 325,000,000
Debt instrument, interest rate	2.85%	2.85%
Operating Facility
Line Of Credit Facility [Line Items]
Debt instrument, interest rate	1.75%	1.75%
Line of credit facility, increase	$ 100,000,000
Line of credit facility, current borrowing capacity	400,000,000
Operating Facility | Accordion
Line Of Credit Facility [Line Items]
Line of credit facility, increase	100,000,000	$ 100,000,000
Line of credit facility, current borrowing capacity	$ 400,000,000	$ 400,000,000
Funding Facility II
Line Of Credit Facility [Line Items]
Debt instrument, interest rate	2%	2%
Line of credit facility, current borrowing capacity	$ 250,000,000
Debt, weighted average interest rate	0.35%
Funding Facility II | Accordion
Line Of Credit Facility [Line Items]
Line of credit facility, increase	$ 50,000,000	$ 50,000,000
Line of credit facility, current borrowing capacity	$ 250,000,000	250,000,000
2022 Convertible Notes
Line Of Credit Facility [Line Items]
Debt instrument, par amount		$ 140,000,000
Debt instrument, interest rate		4.625%

Debt - Additional Information (

Debt - Additional Information (Details)

8 Months Ended

9 Months Ended

12 Months Ended

Sep. 17, 2021 USD ($)

Aug. 27, 2021 USD ($)

Jun. 22, 2021

Feb. 09, 2021 USD ($)

Oct. 02, 2020 USD ($)

Aug. 23, 2019 USD ($)

Nov. 03, 2017 USD ($)

Aug. 04, 2017 USD ($)

Aug. 30, 2016 USD ($) $ / shares

Mar. 01, 2022

Sep. 30, 2021

Dec. 31, 2022 USD ($) $ / shares

Dec. 31, 2021 USD ($) $ / shares

Dec. 31, 2020 USD ($) $ / shares

Dec. 31, 2019

Dec. 31, 2018

Debt Instrument [Line Items]

Debt, weighted average interest rate

3.50%

3.60%

3.90%

4.60%

4.60%

Combined weighted-average interest rate

3.90%

3.26%

Earnings (loss) per share, Diluted | $ / shares

$ (0.16)

$ 2.32

$ 1.23

Additional paid in capital

$ 3,300,000

Decrease in accumulated loss

3,200,000

Realized loss on extinguishment of debt

0

$ (6,206,289)

$ (2,436,913)

Line of credit facility, maximum borrowing capacity

$ 1,235,172,261

$ 1,374,859,906

Operating Facility

Debt Instrument [Line Items]

Rate

1.75%

1.75%

Line of credit facility, maximum borrowing capacity

$ 300,000,000

$ 300,000,000

Line of credit facility, increase

100,000,000

Line of credit facility, current borrowing capacity

$ 400,000,000

Debt instrument, starting maturity date

May 06, 2024

Debt instrument, ending maturity date

May 06, 2026

Line of credit facility, commitment fees percentage

0.50%

Debt instrument, accrue interest rate

2%

Funding Facility I

Debt Instrument [Line Items]

Debt instrument, maturity date

May 31, 2023

Line of credit facility, maximum borrowing capacity

$ 300,000,000

Line of credit facility, commitment fees percentage

0.25%

Line of credit facility, administrative fees percentage

0.25%

Line of credit facility, expiration date

Aug. 31, 2020

Funding Facility II

Debt Instrument [Line Items]

Debt, weighted average interest rate

0.35%

Rate

2%

2%

Line of credit facility, maximum borrowing capacity

$ 200,000,000

$ 200,000,000

Line of credit facility, current borrowing capacity

$ 250,000,000

Line of credit facility, commitment fees percentage

0.35%

Line of credit facility, administrative fees percentage

0.15%

LIBOR | Funding Facility II

Debt Instrument [Line Items]

Rate

2%

Maximum

Debt Instrument [Line Items]

Debt, weighted average interest rate

0.36%

0.36%

Convertible unsecured notes percentage

97.60%

Maximum | Operating Facility

Debt Instrument [Line Items]

Debt instrument, interest rate unused portion

0.375%

Maximum | Funding Facility I

Debt Instrument [Line Items]

Rate

33%

Maximum | LIBOR | Operating Facility

Debt Instrument [Line Items]

Rate

2%

Maximum | LIBOR | Funding Facility I

Debt Instrument [Line Items]

Rate

2.35%

Maximum | ABR Borrowings | Operating Facility

Debt Instrument [Line Items]

Rate

1%

Minimum

Debt Instrument [Line Items]

Debt, weighted average interest rate

0.35%

0.35%

Convertible unsecured notes percentage

2.40%

Minimum | Operating Facility

Debt Instrument [Line Items]

Debt instrument, interest rate unused portion

0.50%

Minimum | Funding Facility I

Debt Instrument [Line Items]

Rate

0.50%

Minimum | LIBOR | Operating Facility

Debt Instrument [Line Items]

Rate

1.75%

Minimum | LIBOR | Funding Facility I

Debt Instrument [Line Items]

Rate

2%

Minimum | ABR Borrowings | Operating Facility

Debt Instrument [Line Items]

Rate

0.75%

Convertible Unsecured Notes

Debt Instrument [Line Items]

Convertible senior unsecured notes

$ 140,000,000

Debt instrument, maturity date

Mar. 01, 2022

Rate

4.625%

Debt instrument, initial conversion price | $ / shares

$ 54.5019

Debt instrument, conversion of common stock | $ / shares

$ 18.35

Debt Instrument, Convertible, Conversion Ratio

0.100

Debt instrument closing price common stock | $ / shares

$ 16.68

Earnings (loss) per share, Diluted | $ / shares

$ 0

SBA Debentures

Debt Instrument [Line Items]

Rate

2.52%

2.52%

Debt instrument, par amount

$ 150,000,000

$ 150,000,000

Debt issuance costs

160,000,000

Debt issuance regulatory capital

$ 87,500,000

Debt instrument, term

10 years

2024 Notes

Debt Instrument [Line Items]

Debt Instrument, Fair Value Disclosure

$ 238,700,000

261,800,000

2024 Notes | Unsecured Notes

Debt Instrument [Line Items]

Convertible senior unsecured notes

$ 150,000,000

Debt instrument, maturity date

Aug. 23, 2024

Debt instrument additional unsecured debt amount

$ 50,000,000

$ 50,000,000

Debt instrument, frequency of periodic payment

semi-annually

Debt instrument, par amount

$ 250,000,000

2024 Notes | Unsecured Notes | Annual Rate

Debt Instrument [Line Items]

Debt instrument bore interest at an annual rate percentage

3.90%

2026 Notes

Debt Instrument [Line Items]

Debt Instrument, Fair Value Disclosure

$ 290,100,000

326,700,000

2026 Notes | Unsecured Notes

Debt Instrument [Line Items]

Convertible senior unsecured notes

$ 175,000,000

Debt instrument, maturity date

Feb. 09, 2026

Debt instrument additional unsecured debt amount

$ 150,000,000

Debt instrument, frequency of periodic payment

semi-annually

Debt instrument, par amount

$ 325,000,000

2026 Notes | Unsecured Notes | Annual Rate

Debt Instrument [Line Items]

Debt instrument bore interest at an annual rate percentage

2.85%

2022 Convertible Notes

Debt Instrument [Line Items]

Debt Instrument, Fair Value Disclosure

$ 141,200,000

Debt instrument, maturity date

Mar. 01, 2022

Rate

4.625%

4.625%

Debt instrument, convertible amount of equity component

$ 3,300,000

Debt instrument, accretion of the original issue discount percentage

5.125%

5.125%

Debt instrument, par amount

$ 140,000,000

2022 Convertible Notes | ASU 2020-06

Debt Instrument [Line Items]

Debt instrument, convertible amount of equity component

100,000

Amortization of original discount

$ 0

2022 Convertible Notes | Unsecured Notes

Debt Instrument [Line Items]

Convertible senior unsecured notes

$ 125,000,000

Debt instrument, maturity date

Aug. 11, 2022

Debt instrument additional unsecured debt amount

$ 50,000,000

Debt instrument, frequency of periodic payment

semi-annually

Realized loss on extinguishment of debt

$ 175,000,000

Debt instrument, par amount

$ 6,200,000

2022 Convertible Notes | Unsecured Notes | Annual Rate

Debt Instrument [Line Items]

Debt instrument bore interest at an annual rate percentage

4.125%

2022 Notes

Debt Instrument [Line Items]

Debt instrument, maturity date

Sep. 17, 2021

Debt instrument, par amount

$ 175,000,000

Debt - Total Expense Related to

Debt - Total Expense Related to Debt (Details) - USD ($)	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Debt Disclosure [Abstract]
Interest expense	$ 35,516,749	$ 35,714,645	$ 36,488,786
Amortization of deferred debt issuance costs	3,011,599	3,703,342	3,504,578
Commitment fees	830,548	1,570,773	1,243,671
Total	$ 39,358,896	$ 40,988,760	$ 41,237,035

Debt - Schedule of Component of

Debt - Schedule of Component of Carrying Value of Debt (Details) - USD ($)	Dec. 31, 2022	Dec. 31, 2021
Debt Instrument [Line Items]
Carrying value of debt	$ 944,005,814	$ 1,012,461,340
2022 Convertible Notes
Debt Instrument [Line Items]
Principal amount of debt		140,000,000
Original issue (discount)/ premium, net of accretion		(113,090)
Carrying value of debt		139,886,910
2024 Notes
Debt Instrument [Line Items]
Principal amount of debt	250,000,000	250,000,000
Original issue (discount)/ premium, net of accretion	(1,002,473)	(1,576,830)
Carrying value of debt	248,997,527	248,423,170
2026 Notes
Debt Instrument [Line Items]
Principal amount of debt	325,000,000	325,000,000
Original issue (discount)/ premium, net of accretion	1,174,734	1,549,826
Carrying value of debt	$ 326,174,734	$ 326,549,826

Debt - Schedule of Component _2

Debt - Schedule of Component of Interest Expense (Details) - USD ($)	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Debt Instrument [Line Items]
Total interest expense	$ 35,516,749	$ 35,714,645	$ 36,488,786
2022 Convertible Notes
Debt Instrument [Line Items]
Stated interest expense	1,079,167	6,475,000	6,475,000
Amortization of original issue discount/ (premium)	0	667,113	635,485
Total interest expense	1,079,167	7,142,113	7,110,485
2022 Notes | Unsecured Notes
Debt Instrument [Line Items]
Stated interest expense		5,133,333	7,218,750
Amortization of original issue discount/ (premium)		94,927	128,829
Total interest expense		5,228,260	7,347,579
2024 Notes | Unsecured Notes
Debt Instrument [Line Items]
Stated interest expense	9,750,000	9,750,000	8,282,083
Amortization of original issue discount/ (premium)	574,357	551,261	463,837
Total interest expense	10,324,357	10,301,261	$ 8,745,920
2026 Notes | Unsecured Notes
Debt Instrument [Line Items]
Stated interest expense	9,262,500	5,933,542
Amortization of original issue discount/ (premium)	(375,092)	(54,174)
Total interest expense	$ 8,887,408	$ 5,879,368

Debt - Schedule of SBA Debentur

Debt - Schedule of SBA Debenture Outstanding (Details) - USD ($)	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
September 24, 2014
Debt Instrument [Line Items]
Debt instrument, maturity date	Sep. 01, 2024	Sep. 01, 2024
SBA Debentures
Debt Instrument [Line Items]
Debt instrument, par amount	$ 150,000,000	$ 150,000,000
Debt instrument, interest rate	2.52%	2.52%
SBA Debentures | September 24, 2014
Debt Instrument [Line Items]
Issuance Date	Sep. 24, 2014	Sep. 24, 2014
Debt instrument, par amount	$ 18,500,000	$ 18,500,000
Debt instrument, interest rate	3.02%	3.02%
SBA Annual Charge	0.36%	0.36%
SBA Debentures | March 25, 2015
Debt Instrument [Line Items]
Issuance Date	Mar. 25, 2015	Mar. 25, 2015
Debt instrument, maturity date	Mar. 01, 2025	Mar. 01, 2025
Debt instrument, par amount	$ 9,500,000	$ 9,500,000
Debt instrument, interest rate	2.52%	2.52%
SBA Annual Charge	0.36%	0.36%
SBA Debentures | September 23, 2015
Debt Instrument [Line Items]
Issuance Date	Sep. 23, 2015	Sep. 23, 2015
Debt instrument, maturity date	Sep. 01, 2025	Sep. 01, 2025
Debt instrument, par amount	$ 10,800,000	$ 10,800,000
Debt instrument, interest rate	2.83%	2.83%
SBA Annual Charge	0.36%	0.36%
SBA Debentures | March 23, 2016
Debt Instrument [Line Items]
Issuance Date	Mar. 23, 2016	Mar. 23, 2016
Debt instrument, maturity date	Mar. 01, 2026	Mar. 01, 2026
Debt instrument, par amount	$ 4,000,000	$ 4,000,000
Debt instrument, interest rate	2.51%	2.51%
SBA Annual Charge	0.36%	0.36%
SBA Debentures | September 21, 2016
Debt Instrument [Line Items]
Issuance Date	Sep. 21, 2016	Sep. 21, 2016
Debt instrument, maturity date	Sep. 01, 2026	Sep. 01, 2026
Debt instrument, par amount	$ 18,200,000	$ 18,200,000
Debt instrument, interest rate	2.05%	2.05%
SBA Annual Charge	0.36%	0.36%
SBA Debentures | September 20, 2017
Debt Instrument [Line Items]
Issuance Date	Sep. 20, 2017	Sep. 20, 2017
Debt instrument, maturity date	Sep. 01, 2027	Sep. 01, 2027
Debt instrument, par amount	$ 14,000,000	$ 14,000,000
Debt instrument, interest rate	2.52%	2.52%
SBA Annual Charge	0.36%	0.36%
SBA Debentures | March 21, 2018
Debt Instrument [Line Items]
Issuance Date	Mar. 21, 2018	Mar. 21, 2018
Debt instrument, maturity date	Mar. 01, 2028	Mar. 01, 2028
Debt instrument, par amount	$ 8,000,000	$ 8,000,000
Debt instrument, interest rate	3.19%	3.19%
SBA Annual Charge	0.35%	0.35%
SBA Debentures | September 19, 2018
Debt Instrument [Line Items]
Issuance Date	Sep. 19, 2018	Sep. 19, 2018
Debt instrument, maturity date	Sep. 01, 2028	Sep. 01, 2028
Debt instrument, par amount	$ 15,000,000	$ 15,000,000
Debt instrument, interest rate	3.55%	3.55%
SBA Annual Charge	0.35%	0.35%
SBA Debentures | September 25, 2019
Debt Instrument [Line Items]
Issuance Date	Sep. 25, 2019	Sep. 25, 2019
Debt instrument, maturity date	Sep. 01, 2029	Sep. 01, 2029
Debt instrument, par amount	$ 40,000,000	$ 40,000,000
Debt instrument, interest rate	2.28%	2.28%
SBA Annual Charge	0.35%	0.35%
SBA Debentures | September 22, 2021
Debt Instrument [Line Items]
Issuance Date	Sep. 22, 2021	Sep. 22, 2021
Debt instrument, maturity date	Sep. 01, 2031	Sep. 01, 2031
Debt instrument, par amount	$ 12,000,000	$ 12,000,000
Debt instrument, interest rate	1.30%	1.30%
SBA Annual Charge	0.35%	0.35%

Commitments, Contingencies, C_3

Commitments, Contingencies, Concentration of Credit Risk and Off-Balance Sheet Risk - Schedule of Certain Revolving Loan Facilities and Other Commitments with Unfunded Balances (Details) - USD ($)	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Debt Instrument [Line Items]
Unfunded Balances	$ 127,137,393	$ 132,409,861
2-10 Holdco, Inc.
Debt Instrument [Line Items]
Debt instrument, maturity date	Mar. 26, 2026
Unfunded Balances	$ 723,670	723,670
Accordion Partners LLC
Debt Instrument [Line Items]
Debt instrument, maturity date	Aug. 29, 2029
Unfunded Balances	$ 278,571
Accordion Partners LLC
Debt Instrument [Line Items]
Debt instrument, maturity date	Aug. 31, 2028
Unfunded Balances	$ 123,810
Acquia, Inc.
Debt Instrument [Line Items]
Debt instrument, maturity date	Oct. 31, 2025
Unfunded Balances	$ 779,225	1,891,323
Alcami Corporation
Debt Instrument [Line Items]
Debt instrument, maturity date	Dec. 21, 2028
Unfunded Balances	$ 1,420,290
ALCV Purchaser, Inc. (AutoLenders)
Debt Instrument [Line Items]
Debt instrument, maturity date	Apr. 15, 2026
Unfunded Balances		662,974
Alpine Acquisition Corp II (48Forty)
Debt Instrument [Line Items]
Debt instrument, maturity date	Nov. 30, 2026
Unfunded Balances	$ 179,071
AmeriLife Holdings, LLC
Debt Instrument [Line Items]
Debt instrument, maturity date	Aug. 31, 2029
Unfunded Balances	$ 151,515
AmeriLife Holdings, LLC
Debt Instrument [Line Items]
Debt instrument, maturity date	Aug. 31, 2028
Unfunded Balances	$ 227,273
Applause App Quality, Inc.
Debt Instrument [Line Items]
Debt instrument, maturity date	Sep. 30, 2025
Unfunded Balances	$ 1,133,535	1,133,535
Appriss Health, LLC (PatientPing)
Debt Instrument [Line Items]
Debt instrument, maturity date	May 06, 2027
Unfunded Balances	$ 544,531	544,531
Aras Corporation
Debt Instrument [Line Items]
Debt instrument, maturity date	Apr. 13, 2027
Unfunded Balances	$ 581,555	872,333
Avalara, Inc.
Debt Instrument [Line Items]
Debt instrument, maturity date	Oct. 19, 2028
Unfunded Balances	$ 45,000
Backoffice Associates Holdings, LLC (Syniti)
Debt Instrument [Line Items]
Debt instrument, maturity date	Apr. 30, 2026
Unfunded Balances	$ 360,063	1,285,940
Blackbird Purchaser, Inc. (Ohio Transmission Corp.)
Debt Instrument [Line Items]
Debt instrument, maturity date	Apr. 08, 2027
Unfunded Balances	$ 3,384,549	3,384,549
BW Holding, Inc. (Brook & Whittle)
Debt Instrument [Line Items]
Debt instrument, maturity date	Dec. 14, 2029
Unfunded Balances		1,110,271
Calceus Acquisition, Inc. (Cole Haan)
Debt Instrument [Line Items]
Debt instrument, maturity date	Feb. 19, 2025
Unfunded Balances		19,298,713
CareATC, Inc.
Debt Instrument [Line Items]
Debt instrument, maturity date	Mar. 14, 2024
Unfunded Balances		607,288
Certify, Inc.
Debt Instrument [Line Items]
Debt instrument, maturity date	Feb. 28, 2024
Unfunded Balances	$ 797,158	797,158
Colony Display, LLC
Debt Instrument [Line Items]
Debt instrument, maturity date	Jun. 30, 2026
Unfunded Balances		3,538,254
CSG Buyer, Inc. (Core States)
Debt Instrument [Line Items]
Debt instrument, maturity date	Mar. 31, 2028
Unfunded Balances	$ 4,381,748
Bonterra LLC (Fka CyberGrants Holdings, LLC)
Debt Instrument [Line Items]
Debt instrument, maturity date	Sep. 08, 2027
Unfunded Balances	$ 397,558	555,556
Dude Solutions Holdings, Inc.
Debt Instrument [Line Items]
Debt instrument, maturity date	Jun. 13, 2025
Unfunded Balances		2,207,896
Elevate Brands OpCo, LLC
Debt Instrument [Line Items]
Debt instrument, maturity date	Mar. 15, 2027
Unfunded Balances	$ 16,000,000
Emerald Technologies (U.S.) AcquisitionCo, Inc.
Debt Instrument [Line Items]
Debt instrument, maturity date	Dec. 29, 2026
Unfunded Balances	$ 998,683
ESO Solutions, Inc.
Debt Instrument [Line Items]
Debt instrument, maturity date	May 03, 2027
Unfunded Balances	$ 1,750,277	1,750,277
Freedom Financial Network Funding, LLC
Debt Instrument [Line Items]
Debt instrument, maturity date	Sep. 21, 2027
Unfunded Balances	$ 2,500,000
Fusion Holding Corp. (Finalsite)
Debt Instrument [Line Items]
Debt instrument, maturity date	Sep. 15, 2027
Unfunded Balances	$ 37,736
Fusion Risk Management, Inc.
Debt Instrument [Line Items]
Debt instrument, maturity date	Aug. 30, 2028
Unfunded Balances	$ 35,870
GC Champion Acquisition LLC (Numerix)
Debt Instrument [Line Items]
Debt instrument, maturity date	Aug. 21, 2028
Unfunded Balances	$ 193,947
Grey Orange Incorporated
Debt Instrument [Line Items]
Debt instrument, maturity date	May 06, 2026
Unfunded Balances	$ 1,676,151
Greystone Select Company II, LLC (Passco)
Debt Instrument [Line Items]
Debt instrument, maturity date	Mar. 21, 2027
Unfunded Balances	$ 11,818,182
GTY Technology Holdings Inc.
Debt Instrument [Line Items]
Debt instrument, maturity date	Jul. 09, 2029
Unfunded Balances	$ 46,154
Homerenew Buyer, Inc. (Project Dream)
Debt Instrument [Line Items]
Debt instrument, maturity date	Nov. 23, 2027
Unfunded Balances	$ 2,095,944	1,165,501
ICIMS, Inc.
Debt Instrument [Line Items]
Debt instrument, maturity date	Aug. 18, 2028
Unfunded Balances	$ 1,503,556
Integrate.com, Inc. (Infinity Data, Inc.)
Debt Instrument [Line Items]
Debt instrument, maturity date	Dec. 17, 2027
Unfunded Balances	$ 1,000,000	1,000,000
Integrity Marketing Acquisition, LLC
Debt Instrument [Line Items]
Debt instrument, maturity date	Aug. 27, 2025
Unfunded Balances	$ 10,254,564
IT Parent, LLC (Insurance Technologies)
Debt Instrument [Line Items]
Debt instrument, maturity date	Oct. 01, 2026
Unfunded Balances	$ 166,667	458,333
James Perse Enterprises, Inc.
Debt Instrument [Line Items]
Debt instrument, maturity date	Sep. 08, 2027
Unfunded Balances	$ 1,944,444	1,944,444
Kaseya, Inc.
Debt Instrument [Line Items]
Debt instrument, maturity date	Jun. 25, 2029
Unfunded Balances	$ 200,000	2,419,469
Khoros, LLC (Lithium)
Debt Instrument [Line Items]
Debt instrument, maturity date	Jan. 03, 2024
Unfunded Balances	$ 991,682	1,322,242
Madison Logic Holdings, Inc.
Debt Instrument [Line Items]
Debt instrument, maturity date	Dec. 30, 2027
Unfunded Balances	$ 1,069,947
OCM Luxembourg Baccarat BidCo S.A R.L. (Interblock) (Slovenia)
Debt Instrument [Line Items]
Debt instrument, maturity date	Jun. 03, 2027
Unfunded Balances	$ 18,519
Olaplex Inc
Debt Instrument [Line Items]
Debt instrument, maturity date	Jan. 08, 2026
Unfunded Balances		1,340,000
Opco Borrower, LLC (Giving Home Health Care)
Debt Instrument [Line Items]
Debt instrument, maturity date	Aug. 19, 2027
Unfunded Balances	$ 25,000
Persado, Inc.
Debt Instrument [Line Items]
Debt instrument, maturity date	Jun. 10, 2027
Unfunded Balances	$ 8,608,961
Peter C. Foy & Associates Insurance Services, LLC (PCF Insurance)
Debt Instrument [Line Items]
Debt instrument, maturity date	Nov. 01, 2028
Unfunded Balances	$ 278,157
PHC Buyer, LLC (Patriot Home Care)
Debt Instrument [Line Items]
Debt instrument, maturity date	May 04, 2028
Unfunded Balances	$ 3,959,072
Pluralsight, Inc.
Debt Instrument [Line Items]
Debt instrument, maturity date	Apr. 06, 2027
Unfunded Balances	$ 1,208,564	2,417,128
Porcelain Acquisition Corporation (Paramount)
Debt Instrument [Line Items]
Debt instrument, maturity date	Apr. 30, 2027
Unfunded Balances		2,686,999
Pueblo Mechanical and Controls, LLC
Debt Instrument [Line Items]
Debt instrument, maturity date	Aug. 23, 2028
Unfunded Balances	$ 155,250
Pueblo Mechanical and Controls, LLC
Debt Instrument [Line Items]
Debt instrument, maturity date	Aug. 23, 2027
Unfunded Balances	$ 58,750
Razor Group GmbH (Germany)
Debt Instrument [Line Items]
Debt instrument, maturity date	Apr. 30, 2025
Unfunded Balances	$ 6,365,227	12,225,405
Sailpoint Technologies Holdings, Inc.
Debt Instrument [Line Items]
Debt instrument, maturity date	Aug. 16, 2028
Unfunded Balances	$ 37,538
Sandata Technologies, LLC
Debt Instrument [Line Items]
Debt instrument, maturity date	Jul. 23, 2024
Unfunded Balances		2,250,000
SellerX Germany Gmbh & Co. Kg (Germany)
Debt Instrument [Line Items]
Debt instrument, maturity date	Nov. 23, 2025
Unfunded Balances	$ 20,589,674	27,008,105
SEP Eiger BidCo Ltd. (Beqom) (Switzerland)
Debt Instrument [Line Items]
Debt instrument, maturity date	May 09, 2028
Unfunded Balances	$ 1,601,742
SEP Raptor Acquisition, Inc. (Loopio) (Canada)
Debt Instrument [Line Items]
Debt instrument, maturity date	Mar. 31, 2027
Unfunded Balances	$ 1,163,276	1,163,276
SEP Vulcan Acquisition, Inc. (Tasktop) (Canada)
Debt Instrument [Line Items]
Debt instrument, maturity date	Mar. 16, 2027
Unfunded Balances		1,119,498
Spark Networks Inc
Debt Instrument [Line Items]
Debt instrument, maturity date	Jul. 01, 2023
Unfunded Balances		1,005,887
Streamland Media Midco LLC
Debt Instrument [Line Items]
Debt instrument, maturity date	Aug. 31, 2023
Unfunded Balances	$ 120,000
Suited Connector, LLC
Debt Instrument [Line Items]
Debt instrument, maturity date	Dec. 01, 2027
Unfunded Balances	$ 852,273	1,250,000
SumUp Holdings Luxembourg S.A.R.L. (United Kingdom)
Debt Instrument [Line Items]
Debt instrument, maturity date	Feb. 17, 2026
Unfunded Balances		15,609,739
Superman Holdings, LLC (Foundation Software)
Debt Instrument [Line Items]
Debt instrument, maturity date	Aug. 31, 2026
Unfunded Balances	$ 1,256,026	1,256,026
Telarix Inc
Debt Instrument [Line Items]
Debt instrument, maturity date	Nov. 17, 2023
Unfunded Balances		357,143
Tempus, LLC (Epic Staffing)
Debt Instrument [Line Items]
Debt instrument, maturity date	Feb. 05, 2027
Unfunded Balances		2,556,081
Thermostat Purchaser III, Inc. (Reedy Industries)
Debt Instrument [Line Items]
Debt instrument, maturity date	Aug. 31, 2029
Unfunded Balances	$ 1,329,250	1,329,250
Thras.io, LLC
Debt Instrument [Line Items]
Debt instrument, maturity date	Dec. 18, 2026
Unfunded Balances	$ 8,787,651	8,787,651
Wealth Enhancement Group, LLC
Debt Instrument [Line Items]
Debt instrument, maturity date	Oct. 04, 2027
Unfunded Balances	$ 276,194
Xactly Corporation
Debt Instrument [Line Items]
Debt instrument, maturity date	Jul. 31, 2023
Unfunded Balances		854,898
Zendesk Inc.
Debt Instrument [Line Items]
Debt instrument, maturity date	Nov. 22, 2028
Unfunded Balances	$ 134,827
Zilliant Incorporated
Debt Instrument [Line Items]
Debt instrument, maturity date	Dec. 21, 2027
Unfunded Balances	$ 518,519	$ 518,518

Other Related Party Transacti_2

Other Related Party Transactions - Additional Information (Details) - USD ($)	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Related Party Transactions [Abstract]
Outstanding amount	$ 0	$ 0
Reimbursements due to advisor	1,500,000	900,000
Expenses allocated to administration agreement	$ 1,800,000	$ 1,900,000	$ 2,200,000

Stockholders' Equity and Divide

Stockholders' Equity and Dividends - Summary of Dividends Declared and Paid (Details) - USD ($)

12 Months Ended

Dec. 15, 2022

Nov. 03, 2022

Aug. 03, 2022

May 04, 2022

Feb. 24, 2022

Nov. 03, 2021

Aug. 02, 2021

May 05, 2021

Feb. 25, 2021

Dec. 31, 2022

Dec. 31, 2021

Dec. 31, 2020

Equity [Abstract]

Date Declared

Dec. 15, 2022

Nov. 03, 2022

Aug. 03, 2022

May 04, 2022

Feb. 24, 2022

Nov. 03, 2021

Aug. 02, 2021

May 05, 2021

Feb. 25, 2021

Record Date

Dec. 29, 2022

Dec. 16, 2022

Sep. 16, 2022

Jun. 16, 2022

Mar. 17, 2022

Dec. 17, 2021

Sep. 16, 2021

Jun. 16, 2021

Mar. 17, 2021

Payment Date

Jan. 12, 2023

Dec. 30, 2022

Sep. 30, 2022

Jun. 30, 2022

Mar. 31, 2022

Dec. 31, 2021

Sep. 30, 2021

Jun. 30, 2021

Mar. 31, 2021

Type

Special

Regular

Regular

Regular

Regular

Regular

Regular

Regular

Regular

Amount Per Share

$ 0.05

$ 0.32

$ 0.30

$ 0.30

$ 0.30

$ 0.30

$ 0.30

$ 0.30

$ 0.30

$ 1.27

$ 1.20

Total Amount

$ 2,888,363

$ 18,485,525

$ 17,330,179

$ 17,330,179

$ 17,330,179

$ 17,330,179

$ 17,330,179

$ 17,330,179

$ 17,330,179

$ 73,364,425

$ 69,320,716

$ 76,612,359

Stockholders' Equity and Divi_2

Stockholders' Equity and Dividends - Additional Information (Details) - Company Repurchase Plan - USD ($)	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Oct. 27, 2022	Feb. 24, 2015
Equity Class Of Treasury Stock [Line Items]
Stock repurchase plan, authorized amount			$ 50,000,000	$ 50,000,000
Stock repurchased during period, Shares	0	0

Earnings Per Share - Schedule o

Earnings Per Share - Schedule of Computation Of Net Increase In Net Assets Per Share Resulting From Operations (Details) - USD ($)	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Earnings Per Share [Abstract]
Net increase (decrease) in net assets from operations	$ (9,225,332)	$ 133,790,774	$ 71,374,488
Weighted average shares outstanding, Basic	57,767,264	57,767,264	57,991,233	58,766,362	58,815,216
Weighted average shares outstanding, Diluted	57,767,264	57,767,264	57,991,233
Earnings (loss) per share, Basic	$ (0.16)	$ 2.32	$ 1.23
Earnings (loss) per share, Diluted	$ (0.16)	$ 2.32	$ 1.23

Subsequent Events - Additional

Subsequent Events - Additional Information (Details) - USD ($) $ / shares in Units, $ in Millions

Feb. 28, 2023

Feb. 15, 2023

Dec. 15, 2022

Nov. 03, 2022

Aug. 03, 2022

May 04, 2022

Feb. 24, 2022

Nov. 03, 2021

Aug. 02, 2021

May 05, 2021

Feb. 25, 2021

Dec. 31, 2022

Dec. 31, 2021

Subsequent Event [Line Items]

Dividend payable amount per share

$ 0.05

$ 0.32

$ 0.30

$ 0.30

$ 0.30

$ 0.30

$ 0.30

$ 0.30

$ 0.30

$ 1.27

$ 1.20

Dividend payable declared date

Dec. 15, 2022

Nov. 03, 2022

Aug. 03, 2022

May 04, 2022

Feb. 24, 2022

Nov. 03, 2021

Aug. 02, 2021

May 05, 2021

Feb. 25, 2021

Dividend payable record date

Dec. 29, 2022

Dec. 16, 2022

Sep. 16, 2022

Jun. 16, 2022

Mar. 17, 2022

Dec. 17, 2021

Sep. 16, 2021

Jun. 16, 2021

Mar. 17, 2021

Dividend payable date

Jan. 12, 2023

Dec. 30, 2022

Sep. 30, 2022

Jun. 30, 2022

Mar. 31, 2022

Dec. 31, 2021

Sep. 30, 2021

Jun. 30, 2021

Mar. 31, 2021

Subsequent Event

Subsequent Event [Line Items]

Repurchase amount

$ 50

Dividend payable amount per share

$ 0.32

Dividend payable declared date

Feb. 28, 2023

Dividend payable record date

Mar. 17, 2023

Dividend payable date

Mar. 31, 2023

Financial Highlights - Schedule

Financial Highlights - Schedule of Financial Highlights (Details) - USD ($)	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Investment Company, Financial Highlights [Line Items]
Per share NAV at beginning of period	$ 14.36	$ 13.24	$ 13.21	$ 14.13	$ 14.80
Net investment income before income taxes	1.53	1.26	1.43	1.61	1.59
Excise taxes	0	0	0	0	0
Net investment income	1.53	1.26	1.43	1.61	1.59
Net realized and unrealized gain (loss)	(1.69)	1.17	(0.16)	(1.09)	(0.82)
Total from investment operations	(0.16)	2.43	1.27	0.52	0.77
Repurchase of common stock	0	0	0.12	0	0
Loss on extinguishment of debt	0	(0.11)	(0.04)	0	0
Ordinary income dividends	(1.27)	(1.20)	(1.13)	(1.40)	(1.44)
Tax basis returns of capital	0	(0.23)	(0.19)	(0.04)	0
Dividends to common shareholders	(1.27)	(1.20)	(1.32)	(1.44)	(1.44)
Per share NAV at end of period	12.93	14.36	13.24	13.21	14.13
Per share market price at end of period	$ 12.94	$ 13.51	$ 11.24	$ 14.05	$ 13.04
Total return based on market value	5.20%	30.90%	(10.60%)	18.80%	(5.20%)
Total return based on net asset value	(1.10%)	17.50%	10.20%	3.70%	5.20%
Balance (Shares)	57,767,264	57,767,264	57,767,264	58,766,426	58,774,607
Net investment income	10.80%	9%	11.30%	11.60%	10.80%
Expenses before incentive fee	9%	9.30%	10%	9.80%	8.50%
Expenses and incentive fee	11.30%	11.50%	12.10%	12.30%	11.20%
Ending common shareholder equity	$ 746,753,790	$ 829,456,636	$ 764,986,578	$ 776,318,386	$ 830,474,727
Portfolio turnover rate	19.40%	35.60%	28.30%	35.90%	32.30%
Weighted-average debt outstanding	$ 1,023,880,532	$ 985,506,056	$ 936,157,021	$ 902,977,493	$ 769,065,775
Weighted-average interest rate on debt	3.50%	3.60%	3.90%	4.60%	4.60%
Weighted-average number of common shares	57,767,264	57,767,264	57,991,233	58,766,362	58,815,216
Weighted-average debt per share	$ 17.72	$ 17.06	$ 16.14	$ 15.37	$ 13.08
Asset Coverage:
Debt outstanding	$ 949,062,241	$ 1,019,339,449	$ 856,324,371	$ 915,514,071	$ 812,007,389
Asset coverage per $1,000 of debt outstanding	$ 1,929	$ 1,948	$ 2,058	$ 1,992	$ 2,157
Cumulative Effect Adjustment for the Adoption | ASU 2020-06
Investment Company, Financial Highlights [Line Items]
Per share NAV at beginning of period	$ 0	$ 0	$ 0	$ 0
Per share NAV at end of period	$ 0	$ 0	$ 0	$ 0	$ 0
Ending common shareholder equity	$ (113,089)

Financial Highlights - Schedu_2

Financial Highlights - Schedule of Financial Highlights (Parenthetical) (Details) - USD ($)	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Investment Company [Abstract]
Amount to determine asset coverage per unit	$ 1,000
Tax return of capital	$ 0	$ 13,563,291	$ 11,313,222	$ 2,486,618	$ 0
Tax return of capital, per share	$ 0	$ 0.23	$ 0.19	$ 0.04	$ 0

Senior Securities - Summary of

Senior Securities - Summary of Senior Securities (Details) - USD ($)	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Operating Facility
Line Of Credit Facility [Line Items]
Total Amount Outstanding	$ 123,890	$ 154,480	$ 120,454	$ 108,498	$ 82,000	$ 57,000	$ 100,500	$ 124,500	$ 70,000	$ 45,000	$ 74,000
Asset Coverage Per Unit	6,906	11,020	9,508	5,812	5,221	6,513	4,056	3,076	5,356	8,176	7,077
Involuntary Liquidating Preference Per Unit	0	0	0	0	0	0	0	0	0	0	0
Preferred Interests
Line Of Credit Facility [Line Items]
Total Amount Outstanding									134,000	134,000	134,000
Asset Coverage Per Unit									51,592	68,125	50,475
Involuntary Liquidating Preference Per Unit									20,074	20,075	$ 20,079
Funding Facility I
Line Of Credit Facility [Line Items]
Total Amount Outstanding				158,000	212,000	175,000	175,000	229,000	125,000	50,000
Asset Coverage Per Unit				5,812	5,221	6,513	4,056	3,076	5,356	8,176
Involuntary Liquidating Preference Per Unit	0	0	0	0	0	0	0	0	0	$ 0
Funding Facility II
Line Of Credit Facility [Line Items]
Total Amount Outstanding	100,000		36,000
Asset Coverage Per Unit	6,906		9,508
Involuntary Liquidating Preference Per Unit	0	0	0
SBA Debentures
Line Of Credit Facility [Line Items]
Total Amount Outstanding	150,000	150,000	138,000	138,000	98,000	83,000	61,000	42,800	28,000
Asset Coverage Per Unit	6,906	11,020	9,508	5,812	5,221	6,513	4,056	3,076	5,356
Involuntary Liquidating Preference Per Unit	0	0	0	0	0	0	0	0	0
2019 Convertible Notes
Line Of Credit Facility [Line Items]
Total Amount Outstanding					108,000	108,000	108,000	108,000	108,000
Asset Coverage Per Unit					2,157	2,335	2,352	2,429	3,617
Involuntary Liquidating Preference Per Unit	0	0	0	0	0	0	0	$ 0	$ 0
2022 Convertible Notes
Line Of Credit Facility [Line Items]
Total Amount Outstanding		140,000	140,000	140,000	140,000	140,000	140,000
Asset Coverage Per Unit		1,948	2,058	1,992	2,157	2,335	2,352
Involuntary Liquidating Preference Per Unit	0	0	0	0	0	0	$ 0
2022 Notes
Line Of Credit Facility [Line Items]
Total Amount Outstanding			175,000	175,000	175,000	175,000
Asset Coverage Per Unit			2,058	1,992	2,157	2,335
Involuntary Liquidating Preference Per Unit	0	0	0	0	$ 0	$ 0
2024 Notes
Line Of Credit Facility [Line Items]
Total Amount Outstanding	250,000	250,000	250,000	200,000
Asset Coverage Per Unit	1,929	1,948	2,058	1,992
Involuntary Liquidating Preference Per Unit	0	0	$ 0	$ 0
2026 Notes
Line Of Credit Facility [Line Items]
Total Amount Outstanding	325,000	325,000
Asset Coverage Per Unit	1,929	1,948
Involuntary Liquidating Preference Per Unit	$ 0	$ 0

Senior Securities - Summary o_2

Senior Securities - Summary of Senior Securities (Parenthetical) (Details) - USD ($)	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Line Of Credit Facility [Line Items]
Asset coverage ratio, indebtedness is multiplied	$ 1,000
Operating Facility
Line Of Credit Facility [Line Items]
Asset coverage ratio, indebtedness is multiplied	1,000
Asset coverage per unit	6,906	$ 11,020	$ 9,508	$ 5,812	$ 5,221	$ 6,513	$ 4,056	$ 3,076	$ 5,356	$ 8,176	$ 7,077
Funding Facility I
Line Of Credit Facility [Line Items]
Asset coverage ratio, indebtedness is multiplied	1,000
Asset coverage per unit				$ 5,812	$ 5,221	$ 6,513	$ 4,056	$ 3,076	$ 5,356	$ 8,176
Funding Facility II
Line Of Credit Facility [Line Items]
Asset coverage ratio, indebtedness is multiplied	1,000
Asset coverage per unit	$ 6,906		$ 9,508

Consolidated Schedule of Chan_3

Consolidated Schedule of Changes in Investments in Non-Controlled Affiliates (Unaudited) (Details) - Non Controlled Affiliates - USD ($)		9 Months Ended		12 Months Ended
		Sep. 30, 2022		Dec. 31, 2021
Schedule Of Investments [Line Items]
Dividends or Interest		$ 2,686,390	[1],[2]	$ 5,890,028	[3],[4]
Fair Value, Beginning Balance		97,207,404	[2]	68,927,182	[4]
Net realized gain or loss		11,172,439	[2]	6,545,598	[4]
Net increase or decrease in unrealized appreciation or depreciation		(27,307,855)	[2]	53,937,566	[4]
Acquisitions		2,357,073	[2],[5]	4,206,907	[4],[6]
Dispositions		(14,339,364)	[2],[7]	(36,409,849)	[4],[8]
Fair Value, Ending Balance	[2]	69,089,697		97,207,404
Iracore International Holdings, Inc. | LIBOR | Senior Secured 1st Lien Term Loan
Schedule Of Investments [Line Items]
Dividends or Interest		148,806	[1],[2]	134,253	[3],[4]
Fair Value, Beginning Balance		1,324,140	[2]	1,324,140	[4]
Net realized gain or loss		0	[2]	0	[4]
Net increase or decrease in unrealized appreciation or depreciation		0	[2]	0	[4]
Acquisitions		0	[2],[5]	0	[4],[6]
Dispositions		0	[2],[7]	0	[4],[8]
Fair Value, Ending Balance	[2]	1,324,140		1,324,140
Iracore Investments Holdings, Inc. | Common Class A
Schedule Of Investments [Line Items]
Dividends or Interest		0	[1],[2]	385,384	[3],[4]
Fair Value, Beginning Balance		4,344,746	[2]	5,181,526	[4]
Net realized gain or loss		0	[2]	0	[4]
Net increase or decrease in unrealized appreciation or depreciation		(1,361,583)	[2]	(836,780)	[4]
Acquisitions		0	[2],[5]	0	[4],[6]
Dispositions		0	[2],[7]	0	[4],[8]
Fair Value, Ending Balance	[2]	2,983,163		4,344,746
NEG Parent, LLC (CORE Entertainment, Inc.) | Class A Units
Schedule Of Investments [Line Items]
Dividends or Interest		0	[1],[2]	0	[3],[4]
Fair Value, Beginning Balance		15,224,581	[2]	7,401,888	[4]
Net realized gain or loss		9,653,044	[2]	0	[4]
Net increase or decrease in unrealized appreciation or depreciation		(12,451,775)	[2]	7,822,693	[4]
Acquisitions		0	[2],[5]	0	[4],[6]
Dispositions		(12,425,850)	[2],[7]	0	[4],[8]
Fair Value, Ending Balance	[2]	0		15,224,581
NEG Parent, LLC (CORE Entertainment, Inc.) | Class A Warrants To Purchase Class A Units
Schedule Of Investments [Line Items]
Dividends or Interest		0	[1],[2]	0	[3],[4]
Fair Value, Beginning Balance		1,409,955	[2]	438,161	[4]
Net realized gain or loss		820,337	[2]	0	[4]
Net increase or decrease in unrealized appreciation or depreciation		(1,213,868)	[2]	971,794	[4]
Acquisitions		0	[2],[5]	0	[4],[6]
Dispositions		(1,016,424)	[2],[7]	0	[4],[8]
Fair Value, Ending Balance	[2]	0		1,409,955
NEG Parent, LLC (CORE Entertainment, Inc.) | Class B Warrants To Purchase Class A Units
Schedule Of Investments [Line Items]
Dividends or Interest		0	[1],[2]	0	[3],[4]
Fair Value, Beginning Balance		1,423,944	[2]	442,508	[4]
Net realized gain or loss		699,058	[2]	0	[4]
Net increase or decrease in unrealized appreciation or depreciation		(1,225,912)	[2]	981,436	[4]
Acquisitions		0	[2],[5]	0	[4],[6]
Dispositions		(897,090)	[2],[7]	0	[4],[8]
Fair Value, Ending Balance	[2]	0		1,423,944
TVG-Edmentum Holdings, LLC | Class A Preferred Stock
Schedule Of Investments [Line Items]
Dividends or Interest		180,519	[1],[2]	2,556,396	[3],[4]
Fair Value, Beginning Balance		0	[2]	27,758,980	[4]
Net realized gain or loss		0	[2]	5,068,544	[4]
Net increase or decrease in unrealized appreciation or depreciation		0		(155,210)	[4]
Acquisitions		0	[2],[5]	2,267,487	[4],[6]
Dispositions		0	[2],[7]	(34,939,801)	[4],[8]
Fair Value, Ending Balance	[2]	0		0
TVG-Edmentum Holdings, LLC | Series B-1 Common Units
Schedule Of Investments [Line Items]
Dividends or Interest		2,357,065	[1],[2]	1,946,425	[3],[4]
Fair Value, Beginning Balance		36,740,019	[2]	13,511,732	[4]
Net realized gain or loss		0	[2]	0	[4]
Net increase or decrease in unrealized appreciation or depreciation		(6,705,895)	[2]	21,281,861	[4]
Acquisitions		2,357,073	[2],[5]	1,946,426	[4],[6]
Dispositions		0	[2],[7]	0	[4],[8]
Fair Value, Ending Balance	[2]	32,391,197		36,740,019
TVG-Edmentum Holdings, LLC | Series B-2 Common Units
Schedule Of Investments [Line Items]
Dividends or Interest		0	[1]	0	[3],[4]
Fair Value, Beginning Balance		36,740,019	[2]	12,868,247	[4]
Net realized gain or loss		0	[2]	0	[4]
Net increase or decrease in unrealized appreciation or depreciation		(4,348,822)	[2]	23,871,772	[4]
Acquisitions		0	[2],[5]	0	[4],[6]
Dispositions		0	[2],[7]	0	[4],[8]
Fair Value, Ending Balance	[2]	$ 32,391,197		$ 36,740,019
[1] Also includes fee income as applicable. The issuers of the securities listed on this schedule are considered non-controlled affiliates under the 1940 Act due to the ownership by the Company of 5 % to 25 % of the issuers' voting securities. Also includes fee and lease income as applicable. The issuers of the securities listed on this schedule are considered non-controlled affiliates under the 1940 Act due to the ownership by the Company of 5 % to 25 % of the issuers' voting securities. Acquisitions include new purchases, PIK income and amortization of original issue and market discounts. Acquisitions include new purchases, PIK income and amortization of original issue and market discounts. Dispositions include decreases in the cost basis from sales and paydowns. Dispositions include decreases in the cost basis from sales, paydowns, mortgage amortizations and aircraft depreciation.

Consolidated Schedule of Chan_4

Consolidated Schedule of Changes in Investments in Non-Controlled Affiliates (Unaudited) (Parenthetical) (Details) - Non Controlled Affiliates		12 Months Ended
		Dec. 31, 2022		Dec. 31, 2021
Senior Secured 1st Lien Term Loan
Schedule Of Investments [Line Items]
Debt instrument, maturity date		Apr. 12, 2024	[1]	Apr. 13, 2021	[2]
LIBOR | Senior Secured 1st Lien Term Loan
Schedule Of Investments [Line Items]
Rate	[2]			9%
LIBOR Floor | Senior Secured 1st Lien Term Loan
Schedule Of Investments [Line Items]
Rate	[2]			1%
Minimum
Schedule Of Investments [Line Items]
Percentage of outstanding voting securities		5%		5%
Minimum | LIBOR | Senior Secured 1st Lien Term Loan
Schedule Of Investments [Line Items]
Rate	[1]	9%		9%
Maximum
Schedule Of Investments [Line Items]
Percentage of outstanding voting securities		25%		25%
Maximum | LIBOR Floor | Senior Secured 1st Lien Term Loan
Schedule Of Investments [Line Items]
Rate	[1]	1%		1%
[1] The issuers of the securities listed on this schedule are considered non-controlled affiliates under the 1940 Act due to the ownership by the Company of 5 % to 25 % of the issuers' voting securities. The issuers of the securities listed on this schedule are considered non-controlled affiliates under the 1940 Act due to the ownership by the Company of 5 % to 25 % of the issuers' voting securities.

Consolidated Schedule of Chan_5

Consolidated Schedule of Changes in Investments in Controlled Affiliates (Unaudited) (Details) - USD ($)		12 Months Ended
		Dec. 31, 2022		Dec. 31, 2021
36th Street Capital Partners Holdings, LLC | Senior Note
Schedule Of Investments [Line Items]
Dividends or Interest	[1],[2]	$ 4,977,439
Fair Value, Beginning Balance	[2]	41,381,437
Net realized gain or loss	[2]	0
Net increase or decrease in unrealized appreciation or depreciation	[2]	0
Acquisitions	[2],[3]	8,750,000
Dispositions	[2],[4]	0
Fair Value, Ending Balance	[2]	50,131,437		$ 41,381,437
36th Street Capital Partners Holdings, LLC | Membership Units
Schedule Of Investments [Line Items]
Dividends or Interest	[1],[2]	3,794,889
Fair Value, Beginning Balance	[2]	34,082,000
Net realized gain or loss	[2]	0
Net increase or decrease in unrealized appreciation or depreciation	[2]	20,940,000
Acquisitions	[2],[3]	1,250,000
Dispositions	[2],[4]	0
Fair Value, Ending Balance	[2]	56,272,000		34,082,000
Anacomp, Inc. | Common Class A
Schedule Of Investments [Line Items]
Dividends or Interest	[1]	0
Fair Value, Beginning Balance	[2]	326,437
Net increase or decrease in unrealized appreciation or depreciation	[2]	225,995
Acquisitions	[2],[3]	0
Dispositions	[2],[4]	0
Fair Value, Ending Balance	[2]	552,432		326,437
Conergy Asia & ME Pte. Ltd. (Singapore) | First Lien Term Loan
Schedule Of Investments [Line Items]
Dividends or Interest	[1]	0
Fair Value, Beginning Balance	[2]	339,100
Net increase or decrease in unrealized appreciation or depreciation	[2]	(339,100)
Acquisitions	[2],[3]	0
Dispositions	[2],[4]	0
Fair Value, Ending Balance	[2]			339,100
Conergy Asia Holdings Limited (United Kingdom) | Class B Shares
Schedule Of Investments [Line Items]
Dividends or Interest	[1]	0
Acquisitions	[2],[3]	0
Dispositions	[2],[4]	0
Conergy Asia Holdings Limited (United Kingdom) | Ordinary Shares
Schedule Of Investments [Line Items]
Dividends or Interest	[1]	0
Acquisitions	[2],[3]	0
Dispositions	[2],[4]	0
Conventional Lending TCP Holdings, LLC | Membership Units
Schedule Of Investments [Line Items]
Dividends or Interest	[1],[2]	2,155,374
Fair Value, Beginning Balance	[2]	26,901,777
Net realized gain or loss	[2]	(124,801)
Net increase or decrease in unrealized appreciation or depreciation	[2]	(131,604)
Acquisitions	[2],[3]	515,000
Dispositions	[2],[4]	(11,013,828)
Fair Value, Ending Balance	[2]	16,146,544		26,901,777
Kawa Solar Holdings Limited (Conergy) (Cayman Islands) | Bank Guarantee Credit Facility
Schedule Of Investments [Line Items]
Dividends or Interest	[1],[2]	0
Fair Value, Beginning Balance	[2]	101,315
Net realized gain or loss	[2]	0
Net increase or decrease in unrealized appreciation or depreciation	[2]	0
Acquisitions	[2],[3]	0
Dispositions	[2],[4]	0
Fair Value, Ending Balance	[2]	101,315		101,315
Kawa Solar Holdings Limited (Conergy) (Cayman Islands) | Revolving Credit Facility
Schedule Of Investments [Line Items]
Dividends or Interest	[1],[2]	0
Fair Value, Beginning Balance	[2]	1,955,145
Net increase or decrease in unrealized appreciation or depreciation	[2]	(92,444)
Fair Value, Ending Balance	[2]	1,862,701		1,955,145
Kawa Solar Holdings Limited (Conergy) (Cayman Islands) | Ordinary Shares
Schedule Of Investments [Line Items]
Dividends or Interest	[1],[2]	0
Fair Value, Beginning Balance	[2]	0
Net realized gain or loss	[2]	0
Net increase or decrease in unrealized appreciation or depreciation	[2]	0
Acquisitions	[2],[3]	0
Dispositions	[2],[4]	0
Fair Value, Ending Balance	[2]	0		0
Kawa Solar Holdings Limited (Conergy) (Cayman Islands) | Class B Preferred Stock
Schedule Of Investments [Line Items]
Dividends or Interest	[1],[2]	0
Fair Value, Beginning Balance	[2]	0
Net realized gain or loss	[2]	0
Net increase or decrease in unrealized appreciation or depreciation	[2]	0
Acquisitions	[2],[3]	0
Dispositions	[2],[4]	0
Fair Value, Ending Balance	[2]			0
Fishbowl, Inc. | Membership Units
Schedule Of Investments [Line Items]
Dividends or Interest	[1],[2]	0
Fair Value, Beginning Balance	[2]	0
Net realized gain or loss	[2]	0
Net increase or decrease in unrealized appreciation or depreciation	[2]	(209,754)
Acquisitions	[2],[3]	787,031
Dispositions	[2],[4]	0
Fair Value, Ending Balance	[2]	577,277		0
Fishbowl, Inc. | First Lien Term Loan
Schedule Of Investments [Line Items]
Dividends or Interest	[1],[2]	577,752
Acquisitions	[2],[3]	12,089,579
Fair Value, Ending Balance	[2]	12,089,579
Fishbowl, Inc. | SOFR | First Lien Term Loan
Schedule Of Investments [Line Items]
Fair Value, Beginning Balance	[2]	0
Net realized gain or loss	[2]	0
Net increase or decrease in unrealized appreciation or depreciation	[2]	0
Dispositions	[2],[4]	0
Fair Value, Ending Balance	[2]			0
Controlled Investments
Schedule Of Investments [Line Items]
Dividends or Interest		11,505,454	[1],[2]	8,789,767	[5],[6]
Fair Value, Beginning Balance		105,087,211	[2]	99,026,531	[6]
Net realized gain or loss		(124,801)	[2]	0	[6]
Net increase or decrease in unrealized appreciation or depreciation		20,393,093	[2]	(3,854,536)	[6]
Acquisitions		23,391,610	[2],[3]	19,048,548	[6],[7]
Dispositions		(11,013,828)	[2],[4]	(9,133,332)	[6],[8]
Fair Value, Ending Balance	[2]	137,733,285		105,087,211
Controlled Investments | 36th Street Capital Partners Holdings, LLC | Senior Note
Schedule Of Investments [Line Items]
Dividends or Interest	[5],[6]			5,081,395
Fair Value, Beginning Balance	[6]	41,381,437		40,834,419
Net realized gain or loss	[6]			0
Net increase or decrease in unrealized appreciation or depreciation	[6]			0
Acquisitions	[6],[7]			5,797,018
Dispositions	[6],[8]			(5,250,000)
Fair Value, Ending Balance	[6]			41,381,437
Controlled Investments | 36th Street Capital Partners Holdings, LLC | Membership Units
Schedule Of Investments [Line Items]
Dividends or Interest	[5],[6]			2,110,976
Fair Value, Beginning Balance	[6]	34,082,000		33,135,000
Net realized gain or loss	[6]			0
Net increase or decrease in unrealized appreciation or depreciation	[6]			(2,505,981)
Acquisitions	[6],[7]			4,202,981
Dispositions	[6],[8]			(750,000)
Fair Value, Ending Balance	[6]			34,082,000
Controlled Investments | Anacomp, Inc. | Common Class A
Schedule Of Investments [Line Items]
Dividends or Interest	[5],[6]			0
Fair Value, Beginning Balance	[6]	326,437		401,769
Net realized gain or loss		0	[2]	0	[6]
Net increase or decrease in unrealized appreciation or depreciation	[6]			(75,332)
Acquisitions	[6],[7]			0
Dispositions	[6],[8]			0
Fair Value, Ending Balance	[6]			326,437
Controlled Investments | Conergy Asia & ME Pte. Ltd. (Singapore) | First Lien Term Loan
Schedule Of Investments [Line Items]
Dividends or Interest	[5],[6]			0
Fair Value, Beginning Balance	[6]	339,100		1,154,036
Net realized gain or loss		0	[2]	0	[6]
Net increase or decrease in unrealized appreciation or depreciation	[6]			(814,936)
Acquisitions	[6],[7]			0
Dispositions	[6],[8]			0
Fair Value, Ending Balance		0	[2]	339,100	[6]
Controlled Investments | Conergy Asia Holdings Limited (United Kingdom) | Class B Shares
Schedule Of Investments [Line Items]
Dividends or Interest	[5],[6]			0
Fair Value, Beginning Balance		0	[6]	0	[2]
Net realized gain or loss		0	[2]	0	[6]
Net increase or decrease in unrealized appreciation or depreciation		0	[2]	0	[6]
Acquisitions	[6],[7]			0
Dispositions	[6],[8]			0
Fair Value, Ending Balance		0	[2]	0	[6]
Controlled Investments | Conergy Asia Holdings Limited (United Kingdom) | Ordinary Shares
Schedule Of Investments [Line Items]
Dividends or Interest	[5],[6]			0
Fair Value, Beginning Balance		0	[2]	0	[6]
Net realized gain or loss		0	[2]	0	[6]
Net increase or decrease in unrealized appreciation or depreciation		0	[2]	0	[6]
Acquisitions	[6],[7]			0
Dispositions	[6],[8]			0
Fair Value, Ending Balance	[2]	0		0
Controlled Investments | Conventional Lending TCP Holdings, LLC | Membership Units
Schedule Of Investments [Line Items]
Dividends or Interest	[5],[6]			1,597,396
Fair Value, Beginning Balance	[6]	26,901,777		18,050,826
Net realized gain or loss	[6]			0
Net increase or decrease in unrealized appreciation or depreciation	[6]			(197,598)
Acquisitions	[6],[7]			9,048,549
Dispositions	[6],[8]			0
Fair Value, Ending Balance	[6]			26,901,777
Controlled Investments | Kawa Solar Holdings Limited (Conergy) (Cayman Islands) | Bank Guarantee Credit Facility
Schedule Of Investments [Line Items]
Dividends or Interest	[5],[6]			0
Fair Value, Beginning Balance	[6]	101,315		3,336,148
Net realized gain or loss	[6]			0
Net increase or decrease in unrealized appreciation or depreciation	[6]			(3,234,833)
Acquisitions	[6],[7]			0
Dispositions	[6],[8]			0
Fair Value, Ending Balance	[6]			101,315
Controlled Investments | Kawa Solar Holdings Limited (Conergy) (Cayman Islands) | Revolving Credit Facility
Schedule Of Investments [Line Items]
Dividends or Interest	[5],[6]			0
Fair Value, Beginning Balance	[6]	1,955,145		2,114,333
Net realized gain or loss		0	[2]	0	[6]
Net increase or decrease in unrealized appreciation or depreciation	[6]			2,974,144
Acquisitions		0	[2],[3]	0	[6],[7]
Dispositions		0	[2],[4]	(3,133,332)	[6],[8]
Fair Value, Ending Balance	[6]			1,955,145
Controlled Investments | Kawa Solar Holdings Limited (Conergy) (Cayman Islands) | Ordinary Shares
Schedule Of Investments [Line Items]
Dividends or Interest	[5],[6]			0
Fair Value, Beginning Balance	[6]	0		0
Net realized gain or loss	[6]			0
Net increase or decrease in unrealized appreciation or depreciation	[6]			0
Acquisitions	[6],[7]			0
Dispositions	[6],[8]			0
Fair Value, Ending Balance	[6]			0
Controlled Investments | Kawa Solar Holdings Limited (Conergy) (Cayman Islands) | Class B Preferred Stock
Schedule Of Investments [Line Items]
Dividends or Interest	[5],[6]			0
Fair Value, Beginning Balance	[6]	0		0
Net realized gain or loss	[6]			0
Net increase or decrease in unrealized appreciation or depreciation	[6]			0
Acquisitions	[6],[7]			0
Dispositions	[6],[8]			0
Fair Value, Ending Balance		$ 0	[2]	$ 0	[6]
[1] Also includes fee income as applicable. The issuers of the securities listed on this schedule are considered controlled affiliates under the 1940 Act due to the ownership by the Company of more than 25 % of the issuers' voting securities. Acquisitions include new purchases, PIK income and amortization of original issue and market discounts. Dispositions include decreases in the cost basis from sales and paydowns. Also includes fee and lease income as applicable. The issuers of the securities listed on this schedule are considered controlled affiliates under the 1940 Act due to the ownership by the Company of more than 25 % of the issuers' voting securities. Acquisitions include new purchases, PIK income and amortization of original issue and market discounts. Dispositions include decreases in the cost basis from sales, paydowns, mortgage amortizations and aircraft depreciation.

Consolidated Schedule of Chan_6

Consolidated Schedule of Changes in Investments in Controlled Affiliates (Unaudited) (Parenthetical) (Details) - Controlled Investments		12 Months Ended
		Dec. 31, 2022		Dec. 31, 2021
Bank Guarantee Credit Facility
Schedule Of Investments [Line Items]
Rate		0%	[1]	0%	[2]
Debt instrument, maturity date		Dec. 31, 2022	[1]	Dec. 31, 2021	[2]
Revolving Credit Facility
Schedule Of Investments [Line Items]
Rate		0%	[1]	0%	[2]
Debt instrument, maturity date		Dec. 31, 2022	[1]	Dec. 31, 2021	[2]
Senior Note
Schedule Of Investments [Line Items]
Rate		12%	[1]	12%	[2]
Debt instrument, maturity date		Nov. 01, 2025	[1]	Nov. 01, 2025	[2]
First Lien Term Loan
Schedule Of Investments [Line Items]
Rate		0%	[1]	0%	[2]
Debt instrument, maturity date		Dec. 31, 2022	[1]	Jun. 30, 2021	[2]
SOFR
Schedule Of Investments [Line Items]
Rate	[1]	5%
Debt instrument, maturity date	[1]	May 27, 2027
SOFR Floor
Schedule Of Investments [Line Items]
Rate	[1]	1%
Maximum
Schedule Of Investments [Line Items]
Percentage of outstanding voting securities		25%		25%
[1] The issuers of the securities listed on this schedule are considered controlled affiliates under the 1940 Act due to the ownership by the Company of more than 25 % of the issuers' voting securities. The issuers of the securities listed on this schedule are considered controlled affiliates under the 1940 Act due to the ownership by the Company of more than 25 % of the issuers' voting securities.

Consolidated Schedule of Chan_7

Consolidated Schedule of Changes in Investments in Non-Controlled Affiliates (Details) - Non Controlled Affiliates - USD ($)		9 Months Ended		12 Months Ended
		Sep. 30, 2022		Dec. 31, 2021
Schedule Of Investments [Line Items]
Dividends or Interest		$ 2,686,390	[1],[2]	$ 5,890,028	[3],[4]
Fair Value, Beginning Balance		97,207,404	[2]	68,927,182	[4]
Net realized gain or loss		11,172,439	[2]	6,545,598	[4]
Net increase or decrease in unrealized appreciation or depreciation		(27,307,855)	[2]	53,937,566	[4]
Acquisitions		2,357,073	[2],[5]	4,206,907	[4],[6]
Dispositions		(14,339,364)	[2],[7]	(36,409,849)	[4],[8]
Fair Value, Ending Balance	[2]	69,089,697		97,207,404
Edmentum Inc | Unsecured Promissory Note
Schedule Of Investments [Line Items]
Dividends or Interest	[3],[4]			0
Fair Value, Beginning Balance	[4]	0
Net realized gain or loss	[4]			448,997
Net increase or decrease in unrealized appreciation or depreciation	[4]			0
Acquisitions	[4],[6]			0
Dispositions	[4],[8]			(448,997)
Fair Value, Ending Balance	[4]			0
Iracore International Holdings, Inc. | LIBOR | Senior Secured 1st Lien Term Loan
Schedule Of Investments [Line Items]
Dividends or Interest		148,806	[1],[2]	134,253	[3],[4]
Fair Value, Beginning Balance		1,324,140	[2]	1,324,140	[4]
Net realized gain or loss		0	[2]	0	[4]
Net increase or decrease in unrealized appreciation or depreciation		0	[2]	0	[4]
Acquisitions		0	[2],[5]	0	[4],[6]
Dispositions		0	[2],[7]	0	[4],[8]
Fair Value, Ending Balance	[2]	1,324,140		1,324,140
Edmentum Ultimate Holdings L L C | Common Class A
Schedule Of Investments [Line Items]
Dividends or Interest	[3],[4]			867,570
Fair Value, Beginning Balance	[4]	0		0
Net realized gain or loss	[4]			1,028,057
Net increase or decrease in unrealized appreciation or depreciation	[4]			0
Acquisitions	[4],[6]			7,006
Dispositions	[4],[8]			(1,021,051)
Fair Value, Ending Balance	[4]			0
Iracore Investments Holdings, Inc. | Common Class A
Schedule Of Investments [Line Items]
Dividends or Interest		0	[1],[2]	385,384	[3],[4]
Fair Value, Beginning Balance		4,344,746	[2]	5,181,526	[4]
Net realized gain or loss		0	[2]	0	[4]
Net increase or decrease in unrealized appreciation or depreciation		(1,361,583)	[2]	(836,780)	[4]
Acquisitions		0	[2],[5]	0	[4],[6]
Dispositions		0	[2],[7]	0	[4],[8]
Fair Value, Ending Balance	[2]	2,983,163		4,344,746
NEG Parent, LLC (CORE Entertainment, Inc.) | Class A Units
Schedule Of Investments [Line Items]
Dividends or Interest		0	[1],[2]	0	[3],[4]
Fair Value, Beginning Balance		15,224,581	[2]	7,401,888	[4]
Net realized gain or loss		9,653,044	[2]	0	[4]
Net increase or decrease in unrealized appreciation or depreciation		(12,451,775)	[2]	7,822,693	[4]
Acquisitions		0	[2],[5]	0	[4],[6]
Dispositions		(12,425,850)	[2],[7]	0	[4],[8]
Fair Value, Ending Balance	[2]	0		15,224,581
NEG Parent, LLC (CORE Entertainment, Inc.) | Class A Warrants To Purchase Class A Units
Schedule Of Investments [Line Items]
Dividends or Interest		0	[1],[2]	0	[3],[4]
Fair Value, Beginning Balance		1,409,955	[2]	438,161	[4]
Net realized gain or loss		820,337	[2]	0	[4]
Net increase or decrease in unrealized appreciation or depreciation		(1,213,868)	[2]	971,794	[4]
Acquisitions		0	[2],[5]	0	[4],[6]
Dispositions		(1,016,424)	[2],[7]	0	[4],[8]
Fair Value, Ending Balance	[2]	0		1,409,955
NEG Parent, LLC (CORE Entertainment, Inc.) | Class B Warrants To Purchase Class A Units
Schedule Of Investments [Line Items]
Dividends or Interest		0	[1],[2]	0	[3],[4]
Fair Value, Beginning Balance		1,423,944	[2]	442,508	[4]
Net realized gain or loss		699,058	[2]	0	[4]
Net increase or decrease in unrealized appreciation or depreciation		(1,225,912)	[2]	981,436	[4]
Acquisitions		0	[2],[5]	0	[4],[6]
Dispositions		(897,090)	[2],[7]	0	[4],[8]
Fair Value, Ending Balance	[2]	0		1,423,944
TVG-Edmentum Holdings, LLC | Class A Preferred Stock
Schedule Of Investments [Line Items]
Dividends or Interest		180,519	[1],[2]	2,556,396	[3],[4]
Fair Value, Beginning Balance		0	[2]	27,758,980	[4]
Net realized gain or loss		0	[2]	5,068,544	[4]
Net increase or decrease in unrealized appreciation or depreciation		0		(155,210)	[4]
Acquisitions		0	[2],[5]	2,267,487	[4],[6]
Dispositions		0	[2],[7]	(34,939,801)	[4],[8]
Fair Value, Ending Balance	[2]	0		0
TVG-Edmentum Holdings, LLC | Series B-1 Common Units
Schedule Of Investments [Line Items]
Dividends or Interest		2,357,065	[1],[2]	1,946,425	[3],[4]
Fair Value, Beginning Balance		36,740,019	[2]	13,511,732	[4]
Net realized gain or loss		0	[2]	0	[4]
Net increase or decrease in unrealized appreciation or depreciation		(6,705,895)	[2]	21,281,861	[4]
Acquisitions		2,357,073	[2],[5]	1,946,426	[4],[6]
Dispositions		0	[2],[7]	0	[4],[8]
Fair Value, Ending Balance	[2]	32,391,197		36,740,019
TVG-Edmentum Holdings, LLC | Series B-2 Common Units
Schedule Of Investments [Line Items]
Dividends or Interest		0	[1]	0	[3],[4]
Fair Value, Beginning Balance		36,740,019	[2]	12,868,247	[4]
Net realized gain or loss		0	[2]	0	[4]
Net increase or decrease in unrealized appreciation or depreciation		(4,348,822)	[2]	23,871,772	[4]
Acquisitions		0	[2],[5]	0	[4],[6]
Dispositions		0	[2],[7]	0	[4],[8]
Fair Value, Ending Balance	[2]	$ 32,391,197		$ 36,740,019
[1] Also includes fee income as applicable. The issuers of the securities listed on this schedule are considered non-controlled affiliates under the 1940 Act due to the ownership by the Company of 5 % to 25 % of the issuers' voting securities. Also includes fee and lease income as applicable. The issuers of the securities listed on this schedule are considered non-controlled affiliates under the 1940 Act due to the ownership by the Company of 5 % to 25 % of the issuers' voting securities. Acquisitions include new purchases, PIK income and amortization of original issue and market discounts. Acquisitions include new purchases, PIK income and amortization of original issue and market discounts. Dispositions include decreases in the cost basis from sales and paydowns. Dispositions include decreases in the cost basis from sales, paydowns, mortgage amortizations and aircraft depreciation.

Consolidated Schedule of Chan_8

Consolidated Schedule of Changes in Investments in Non-Controlled Affiliates (Parenthetical) (Details) - Non Controlled Affiliates		12 Months Ended
		Dec. 31, 2022		Dec. 31, 2021
Unsecured Promissory Note
Schedule Of Investments [Line Items]
Rate	[1]			10%
Debt instrument, maturity date	[1]			Sep. 30, 2019
Senior Secured 1st Lien Term Loan
Schedule Of Investments [Line Items]
Debt instrument, maturity date		Apr. 12, 2024	[2]	Apr. 13, 2021	[1]
LIBOR | Senior Secured 1st Lien Term Loan
Schedule Of Investments [Line Items]
Rate	[1]			9%
LIBOR Floor | Senior Secured 1st Lien Term Loan
Schedule Of Investments [Line Items]
Rate	[1]			1%
Minimum
Schedule Of Investments [Line Items]
Percentage of outstanding voting securities		5%		5%
Minimum | LIBOR | Senior Secured 1st Lien Term Loan
Schedule Of Investments [Line Items]
Rate	[2]	9%		9%
Maximum
Schedule Of Investments [Line Items]
Percentage of outstanding voting securities		25%		25%
Maximum | LIBOR Floor | Senior Secured 1st Lien Term Loan
Schedule Of Investments [Line Items]
Rate	[2]	1%		1%
[1] The issuers of the securities listed on this schedule are considered non-controlled affiliates under the 1940 Act due to the ownership by the Company of 5 % to 25 % of the issuers' voting securities. The issuers of the securities listed on this schedule are considered non-controlled affiliates under the 1940 Act due to the ownership by the Company of 5 % to 25 % of the issuers' voting securities.

Consolidated Schedule of Chan_9

Consolidated Schedule of Changes in Investments in Controlled Affiliates (Details) - USD ($)		12 Months Ended
		Dec. 31, 2022		Dec. 31, 2021
36th Street Capital Partners Holdings, LLC | Senior Note
Schedule Of Investments [Line Items]
Dividends or Interest	[1],[2]	$ 4,977,439
Fair Value, Beginning Balance	[2]	41,381,437
Net realized gain or loss	[2]	0
Net increase or decrease in unrealized appreciation or depreciation	[2]	0
Acquisitions	[2],[3]	8,750,000
Dispositions	[2],[4]	0
Fair Value, Ending Balance	[2]	50,131,437		$ 41,381,437
36th Street Capital Partners Holdings, LLC | Membership Units
Schedule Of Investments [Line Items]
Dividends or Interest	[1],[2]	3,794,889
Fair Value, Beginning Balance	[2]	34,082,000
Net realized gain or loss	[2]	0
Net increase or decrease in unrealized appreciation or depreciation	[2]	20,940,000
Acquisitions	[2],[3]	1,250,000
Dispositions	[2],[4]	0
Fair Value, Ending Balance	[2]	56,272,000		34,082,000
Anacomp, Inc. | Common Class A
Schedule Of Investments [Line Items]
Dividends or Interest	[1]	0
Fair Value, Beginning Balance	[2]	326,437
Net increase or decrease in unrealized appreciation or depreciation	[2]	225,995
Acquisitions	[2],[3]	0
Dispositions	[2],[4]	0
Fair Value, Ending Balance	[2]	552,432		326,437
Conergy Asia & ME Pte. Ltd. (Singapore) | First Lien Term Loan
Schedule Of Investments [Line Items]
Dividends or Interest	[1]	0
Fair Value, Beginning Balance	[2]	339,100
Net increase or decrease in unrealized appreciation or depreciation	[2]	(339,100)
Acquisitions	[2],[3]	0
Dispositions	[2],[4]	0
Fair Value, Ending Balance	[2]			339,100
Conergy Asia Holdings Limited | Class B Shares
Schedule Of Investments [Line Items]
Dividends or Interest	[1]	0
Acquisitions	[2],[3]	0
Dispositions	[2],[4]	0
Conergy Asia Holdings Limited | Ordinary Shares
Schedule Of Investments [Line Items]
Dividends or Interest	[1]	0
Acquisitions	[2],[3]	0
Dispositions	[2],[4]	0
Conventional Lending TCP Holdings, LLC | Membership Units
Schedule Of Investments [Line Items]
Dividends or Interest	[1],[2]	2,155,374
Fair Value, Beginning Balance	[2]	26,901,777
Net realized gain or loss	[2]	(124,801)
Net increase or decrease in unrealized appreciation or depreciation	[2]	(131,604)
Acquisitions	[2],[3]	515,000
Dispositions	[2],[4]	(11,013,828)
Fair Value, Ending Balance	[2]	16,146,544		26,901,777
Kawa Solar Holdings Limited (Conergy) (Cayman Islands) | Bank Guarantee Credit Facility
Schedule Of Investments [Line Items]
Dividends or Interest	[1],[2]	0
Fair Value, Beginning Balance	[2]	101,315
Net realized gain or loss	[2]	0
Net increase or decrease in unrealized appreciation or depreciation	[2]	0
Acquisitions	[2],[3]	0
Dispositions	[2],[4]	0
Fair Value, Ending Balance	[2]	101,315		101,315
Kawa Solar Holdings Limited (Conergy) (Cayman Islands) | Revolving Credit Facility
Schedule Of Investments [Line Items]
Dividends or Interest	[1],[2]	0
Fair Value, Beginning Balance	[2]	1,955,145
Net increase or decrease in unrealized appreciation or depreciation	[2]	(92,444)
Fair Value, Ending Balance	[2]	1,862,701		1,955,145
Kawa Solar Holdings Limited (Conergy) (Cayman Islands) | Ordinary Shares
Schedule Of Investments [Line Items]
Dividends or Interest	[1],[2]	0
Fair Value, Beginning Balance	[2]	0
Net realized gain or loss	[2]	0
Net increase or decrease in unrealized appreciation or depreciation	[2]	0
Acquisitions	[2],[3]	0
Dispositions	[2],[4]	0
Fair Value, Ending Balance	[2]	0		0
Kawa Solar Holdings Limited (Conergy) (Cayman Islands) | Class B Preferred Stock
Schedule Of Investments [Line Items]
Dividends or Interest	[1],[2]	0
Fair Value, Beginning Balance	[2]	0
Net realized gain or loss	[2]	0
Net increase or decrease in unrealized appreciation or depreciation	[2]	0
Acquisitions	[2],[3]	0
Dispositions	[2],[4]	0
Fair Value, Ending Balance	[2]			0
Controlled Investments
Schedule Of Investments [Line Items]
Dividends or Interest		11,505,454	[1],[2]	8,789,767	[5],[6]
Fair Value, Beginning Balance		105,087,211	[2]	99,026,531	[6]
Net realized gain or loss		(124,801)	[2]	0	[6]
Net increase or decrease in unrealized appreciation or depreciation		20,393,093	[2]	(3,854,536)	[6]
Acquisitions		23,391,610	[2],[3]	19,048,548	[6],[7]
Dispositions		(11,013,828)	[2],[4]	(9,133,332)	[6],[8]
Fair Value, Ending Balance	[2]	137,733,285		105,087,211
Controlled Investments | 36th Street Capital Partners Holdings, LLC | Senior Note
Schedule Of Investments [Line Items]
Dividends or Interest	[5],[6]			5,081,395
Fair Value, Beginning Balance	[6]	41,381,437		40,834,419
Net realized gain or loss	[6]			0
Net increase or decrease in unrealized appreciation or depreciation	[6]			0
Acquisitions	[6],[7]			5,797,018
Dispositions	[6],[8]			(5,250,000)
Fair Value, Ending Balance	[6]			41,381,437
Controlled Investments | 36th Street Capital Partners Holdings, LLC | Membership Units
Schedule Of Investments [Line Items]
Dividends or Interest	[5],[6]			2,110,976
Fair Value, Beginning Balance	[6]	34,082,000		33,135,000
Net realized gain or loss	[6]			0
Net increase or decrease in unrealized appreciation or depreciation	[6]			(2,505,981)
Acquisitions	[6],[7]			4,202,981
Dispositions	[6],[8]			(750,000)
Fair Value, Ending Balance	[6]			34,082,000
Controlled Investments | Anacomp, Inc. | Common Class A
Schedule Of Investments [Line Items]
Dividends or Interest	[5],[6]			0
Fair Value, Beginning Balance	[6]	326,437		401,769
Net realized gain or loss		0	[2]	0	[6]
Net increase or decrease in unrealized appreciation or depreciation	[6]			(75,332)
Acquisitions	[6],[7]			0
Dispositions	[6],[8]			0
Fair Value, Ending Balance	[6]			326,437
Controlled Investments | Conergy Asia & ME Pte. Ltd. (Singapore) | First Lien Term Loan
Schedule Of Investments [Line Items]
Dividends or Interest	[5],[6]			0
Fair Value, Beginning Balance	[6]	339,100		1,154,036
Net realized gain or loss		0	[2]	0	[6]
Net increase or decrease in unrealized appreciation or depreciation	[6]			(814,936)
Acquisitions	[6],[7]			0
Dispositions	[6],[8]			0
Fair Value, Ending Balance		0	[2]	339,100	[6]
Controlled Investments | Conergy Asia Holdings Limited | Class B Shares
Schedule Of Investments [Line Items]
Dividends or Interest	[5],[6]			0
Fair Value, Beginning Balance		0	[6]	0	[2]
Net realized gain or loss		0	[2]	0	[6]
Net increase or decrease in unrealized appreciation or depreciation		0	[2]	0	[6]
Acquisitions	[6],[7]			0
Dispositions	[6],[8]			0
Fair Value, Ending Balance		0	[2]	0	[6]
Controlled Investments | Conergy Asia Holdings Limited | Ordinary Shares
Schedule Of Investments [Line Items]
Dividends or Interest	[5],[6]			0
Fair Value, Beginning Balance		0	[2]	0	[6]
Net realized gain or loss		0	[2]	0	[6]
Net increase or decrease in unrealized appreciation or depreciation		0	[2]	0	[6]
Acquisitions	[6],[7]			0
Dispositions	[6],[8]			0
Fair Value, Ending Balance	[2]	0		0
Controlled Investments | Conventional Lending TCP Holdings, LLC | Membership Units
Schedule Of Investments [Line Items]
Dividends or Interest	[5],[6]			1,597,396
Fair Value, Beginning Balance	[6]	26,901,777		18,050,826
Net realized gain or loss	[6]			0
Net increase or decrease in unrealized appreciation or depreciation	[6]			(197,598)
Acquisitions	[6],[7]			9,048,549
Dispositions	[6],[8]			0
Fair Value, Ending Balance	[6]			26,901,777
Controlled Investments | Kawa Solar Holdings Limited (Conergy) (Cayman Islands) | Bank Guarantee Credit Facility
Schedule Of Investments [Line Items]
Dividends or Interest	[5],[6]			0
Fair Value, Beginning Balance	[6]	101,315		3,336,148
Net realized gain or loss	[6]			0
Net increase or decrease in unrealized appreciation or depreciation	[6]			(3,234,833)
Acquisitions	[6],[7]			0
Dispositions	[6],[8]			0
Fair Value, Ending Balance	[6]			101,315
Controlled Investments | Kawa Solar Holdings Limited (Conergy) (Cayman Islands) | Revolving Credit Facility
Schedule Of Investments [Line Items]
Dividends or Interest	[5],[6]			0
Fair Value, Beginning Balance	[6]	1,955,145		2,114,333
Net realized gain or loss		0	[2]	0	[6]
Net increase or decrease in unrealized appreciation or depreciation	[6]			2,974,144
Acquisitions		0	[2],[3]	0	[6],[7]
Dispositions		0	[2],[4]	(3,133,332)	[6],[8]
Fair Value, Ending Balance	[6]			1,955,145
Controlled Investments | Kawa Solar Holdings Limited (Conergy) (Cayman Islands) | Ordinary Shares
Schedule Of Investments [Line Items]
Dividends or Interest	[5],[6]			0
Fair Value, Beginning Balance	[6]	0		0
Net realized gain or loss	[6]			0
Net increase or decrease in unrealized appreciation or depreciation	[6]			0
Acquisitions	[6],[7]			0
Dispositions	[6],[8]			0
Fair Value, Ending Balance	[6]			0
Controlled Investments | Kawa Solar Holdings Limited (Conergy) (Cayman Islands) | Class B Preferred Stock
Schedule Of Investments [Line Items]
Dividends or Interest	[5],[6]			0
Fair Value, Beginning Balance	[6]	0		0
Net realized gain or loss	[6]			0
Net increase or decrease in unrealized appreciation or depreciation	[6]			0
Acquisitions	[6],[7]			0
Dispositions	[6],[8]			0
Fair Value, Ending Balance		$ 0	[2]	$ 0	[6]
[1] Also includes fee income as applicable. The issuers of the securities listed on this schedule are considered controlled affiliates under the 1940 Act due to the ownership by the Company of more than 25 % of the issuers' voting securities. Acquisitions include new purchases, PIK income and amortization of original issue and market discounts. Dispositions include decreases in the cost basis from sales and paydowns. Also includes fee and lease income as applicable. The issuers of the securities listed on this schedule are considered controlled affiliates under the 1940 Act due to the ownership by the Company of more than 25 % of the issuers' voting securities. Acquisitions include new purchases, PIK income and amortization of original issue and market discounts. Dispositions include decreases in the cost basis from sales, paydowns, mortgage amortizations and aircraft depreciation.

Consolidated Schedule of Cha_10

Consolidated Schedule of Changes in Investments in Controlled Affiliates (Parenthetical) (Details) - Controlled Investments		12 Months Ended
		Dec. 31, 2022		Dec. 31, 2021
Bank Guarantee Credit Facility
Schedule Of Investments [Line Items]
Rate		0%	[1]	0%	[2]
Debt instrument, maturity date		Dec. 31, 2022	[1]	Dec. 31, 2021	[2]
Revolving Credit Facility
Schedule Of Investments [Line Items]
Rate		0%	[1]	0%	[2]
Debt instrument, maturity date		Dec. 31, 2022	[1]	Dec. 31, 2021	[2]
Senior Note
Schedule Of Investments [Line Items]
Rate		12%	[1]	12%	[2]
Debt instrument, maturity date		Nov. 01, 2025	[1]	Nov. 01, 2025	[2]
First Lien Term Loan
Schedule Of Investments [Line Items]
Rate		0%	[1]	0%	[2]
Debt instrument, maturity date		Dec. 31, 2022	[1]	Jun. 30, 2021	[2]
SOFR
Schedule Of Investments [Line Items]
Rate	[1]	5%
Debt instrument, maturity date	[1]	May 27, 2027
SOFR Floor
Schedule Of Investments [Line Items]
Rate	[1]	1%
Maximum
Schedule Of Investments [Line Items]
Percentage of outstanding voting securities		25%		25%
[1] The issuers of the securities listed on this schedule are considered controlled affiliates under the 1940 Act due to the ownership by the Company of more than 25 % of the issuers' voting securities. The issuers of the securities listed on this schedule are considered controlled affiliates under the 1940 Act due to the ownership by the Company of more than 25 % of the issuers' voting securities.

Consolidated Schedule of Rest_3

Consolidated Schedule of Restricted Securities of Unaffiliated Issuers - Consolidated Schedule of Restricted Securities of Unaffiliated Issuers (Details)	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
AGY Equity, LLC | Class A Preferred Units
Summary Of Investment Holdings [Line Items]
Acquisition Date	Sep. 03, 2020	Sep. 03, 2020
AGY Equity, LLC | Class B Preferred Units
Summary Of Investment Holdings [Line Items]
Acquisition Date	Sep. 03, 2020	Sep. 03, 2020
AGY Equity, LLC | Class C Common Units
Summary Of Investment Holdings [Line Items]
Acquisition Date	Sep. 03, 2020	Sep. 03, 2020
Autoalert Acquisition Co, LLC | Warrants to Purchase LLC Interests
Summary Of Investment Holdings [Line Items]
Acquisition Date	Jun. 30, 2020	Jun. 30, 2020
Blackbird Purchaser, Inc. (Ohio Transmission Corp.) | Preferred Stock
Summary Of Investment Holdings [Line Items]
Acquisition Date	Dec. 14, 2021	Dec. 14, 2021
Elevate Brands OpCo, LLC | Warrants for Common Stock
Summary Of Investment Holdings [Line Items]
Acquisition Date	Mar. 14, 2022
Elevate Brands OpCo, LLC | Warrants for Preferred Shares
Summary Of Investment Holdings [Line Items]
Acquisition Date	Mar. 14, 2022
Fidelis (SVC), LLC | Series C Preferred Units
Summary Of Investment Holdings [Line Items]
Acquisition Date	Dec. 31, 2019	Dec. 31, 2019
FinancialForce.com, Inc. | Warrants to Purchase Series C Preferred Stock
Summary Of Investment Holdings [Line Items]
Acquisition Date	Jan. 30, 2019	Jan. 30, 2019
Foursquare Labs, Inc. | Warrants to Purchase Series E Preferred Stock
Summary Of Investment Holdings [Line Items]
Acquisition Date	May 04, 2017	May 04, 2017
GACP I, LP (Great American Capital) | Membership Units
Summary Of Investment Holdings [Line Items]
Acquisition Date	Oct. 01, 2015	Oct. 01, 2015
GACP II, LP (Great American Capital) | Membership Units
Summary Of Investment Holdings [Line Items]
Acquisition Date	Jan. 12, 2018	Jan. 12, 2018
GlassPoint, Inc. | Warrants to Purchase Common Stock
Summary Of Investment Holdings [Line Items]
Acquisition Date	Feb. 07, 2017	Feb. 07, 2017
Hylan Datacom & Electrical, LLC | Class A Units
Summary Of Investment Holdings [Line Items]
Acquisition Date	Mar. 30, 2022
InMobi, Inc. (Singapore) | Warrants to Purchase Common Stock
Summary Of Investment Holdings [Line Items]
Acquisition Date	Aug. 22, 2017	Aug. 22, 2017
InMobi, Inc. (Singapore) | Warrants to Purchase Series E Preferred Stock (Strike Price $20.01)
Summary Of Investment Holdings [Line Items]
Acquisition Date	Sep. 18, 2015	Sep. 18, 2015
InMobi, Inc. (Singapore) | Warrants to Purchase Series E Preferred Stock (Strike Price $28.58)
Summary Of Investment Holdings [Line Items]
Acquisition Date	Oct. 01, 2018	Oct. 01, 2018
Inotiv, Inc. | Common Stock
Summary Of Investment Holdings [Line Items]
Acquisition Date	Mar. 30, 2022
Nanosys, Inc. | Warrants to Purchase Preferred Stock
Summary Of Investment Holdings [Line Items]
Acquisition Date	Mar. 29, 2016	Mar. 29, 2016
PerchHQ | Warrants for Common Units
Summary Of Investment Holdings [Line Items]
Acquisition Date	Sep. 30, 2022
Plate Newco 1 Limited (Avanti) (United Kingdom) | Common Stock
Summary Of Investment Holdings [Line Items]
Acquisition Date	Apr. 13, 2022
Pico Quantitative Trading Holdings, LLC | Warrants to Purchase Membership Units
Summary Of Investment Holdings [Line Items]
Acquisition Date	Feb. 07, 2020	Feb. 07, 2020
Quora, Inc. | Warrants to Purchase Series D Preferred Stock
Summary Of Investment Holdings [Line Items]
Acquisition Date	Apr. 12, 2019	Apr. 12, 2019
Razor Group GmbH (Germany) | Warrants to Purchase Preferred Stock
Summary Of Investment Holdings [Line Items]
Acquisition Date		Apr. 28, 2021
Razor Group GmbH (Germany) | Warrants to Purchase Preferred Series A1 Shares
Summary Of Investment Holdings [Line Items]
Acquisition Date	Apr. 28, 2021
Razor | Warrants
Summary Of Investment Holdings [Line Items]
Acquisition Date	Dec. 23, 2022
ResearchGate Corporation (Germany) | Warrants to Purchase Series D Preferred Stock
Summary Of Investment Holdings [Line Items]
Acquisition Date	Nov. 07, 2019	Nov. 07, 2019
SellerX Germany Gmbh & Co. Kg (Germany) | Warrants to Purchase Preferred B Shares
Summary Of Investment Holdings [Line Items]
Acquisition Date	Nov. 23, 2021	Nov. 23, 2021
SnapLogic, Inc. | Warrants to Purchase Series Preferred Stock
Summary Of Investment Holdings [Line Items]
Acquisition Date	Mar. 20, 2018	Mar. 20, 2018
Soraa, Inc. | Warrants to Purchase Preferred Stock
Summary Of Investment Holdings [Line Items]
Acquisition Date		Aug. 29, 2014
Soraa, Inc. | Warrants to Purchase Series Preferred Stock
Summary Of Investment Holdings [Line Items]
Acquisition Date	Aug. 29, 2014
SoundCloud, Ltd. (United Kingdom) | Warrants to Purchase Preferred Stock
Summary Of Investment Holdings [Line Items]
Acquisition Date	Apr. 30, 2015	Apr. 30, 2015
Tradeshift, Inc. | Warrants to Purchase Series D Preferred Stock
Summary Of Investment Holdings [Line Items]
Acquisition Date	Mar. 09, 2017	Mar. 09, 2017
Utilidata, Inc. | Series C Preferred Units
Summary Of Investment Holdings [Line Items]
Acquisition Date	Jul. 06, 2020	Jul. 06, 2020
Utilidata, Inc. | Common Stock
Summary Of Investment Holdings [Line Items]
Acquisition Date	Jul. 06, 2020	Jul. 06, 2020
Utilidata, Inc. | Series CC Preferred Stock
Summary Of Investment Holdings [Line Items]
Acquisition Date	Jul. 06, 2020	Jul. 06, 2020
Worldremit Group Limited (United Kingdom) | Warrants to Purchase Series D Stock
Summary Of Investment Holdings [Line Items]
Acquisition Date	Feb. 11, 2021	Feb. 11, 2021
Avanti Communications Group P L C144 A | Sr New Money Initial Note
Summary Of Investment Holdings [Line Items]
Acquisition Date		Jan. 26, 2017
Avanti Communications Group P L C144 A | Sr Second-Priority PIK Toggle Note
Summary Of Investment Holdings [Line Items]
Acquisition Date		Jan. 26, 2017
Envigo RMS Holdings Corp. | Common Stock
Summary Of Investment Holdings [Line Items]
Acquisition Date		Jun. 03, 2019

Consolidated Schedule of Rest_4

Consolidated Schedule of Restricted Securities of Unaffiliated Issuers - Consolidated Schedule of Restricted Securities of Unaffiliated Issuers (Parenthetical) (Details) - $ / shares	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2022
Warrants to Purchase Series E Preferred Stock (Strike Price $20.01)
Summary Of Investment Holdings [Line Items]
Strike price	$ 20.01	$ 20.01
Warrants to Purchase Series E Preferred Stock (Strike Price $28.58)
Summary Of Investment Holdings [Line Items]
Strike price	$ 28.58	$ 28.58
Sr New Money Initial Note
Summary Of Investment Holdings [Line Items]
Rate	9%
Debt instrument, maturity date	Oct. 01, 2022
Sr Second-Priority PIK Toggle Note
Summary Of Investment Holdings [Line Items]
Rate	9%
Debt instrument, maturity date	Oct. 01, 2022