Saratoga Investment (SAR) 10-Q 4 Oct 22 2023 Q2 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	6 Months Ended
	Aug. 31, 2022	Oct. 04, 2022
Document Information [Line Items]
Entity Registrant Name	SARATOGA INVESTMENT CORP.
Document Type	10-Q
Current Fiscal Year End Date	--02-28
Entity Common Stock, Shares Outstanding		11,900,212
Amendment Flag	false
Entity Central Index Key	0001377936
Entity Current Reporting Status	Yes
Entity Filer Category	Non-accelerated Filer
Document Period End Date	Aug. 31, 2022
Document Fiscal Year Focus	2023
Document Fiscal Period Focus	Q2
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Document Quarterly Report	true
Document Transition Report	false
Securities Act File Number	814-00732
Entity Incorporation, State or Country Code	MD
Entity Tax Identification Number	20-8700615
Entity Address, Address Line One	535 Madison Avenue
Entity Address, City or Town	New York
Entity Address, State or Province	NY
Entity Address, Postal Zip Code	10022
City Area Code	(212)
Local Phone Number	906-7800
Entity Interactive Data Current	No
Common Stock, par value $0.001 per share
Document Information [Line Items]
Trading Symbol	SAR
Title of 12(b) Security	Common Stock, par value $0.001 per share
Security Exchange Name	NYSE
6.00% Notes due 2027
Document Information [Line Items]
Trading Symbol	SAT
Title of 12(b) Security	6.00% Notes due 2027
Security Exchange Name	NYSE

Consolidated Statements of Asse

Consolidated Statements of Assets and Liabilities (Unaudited) - USD ($)	Aug. 31, 2022	Feb. 28, 2022
Investments at fair value
Non-control/Non-affiliate investments (amortized cost of $776,527,328 and $654,965,044, respectively)	$ 775,408,041	$ 668,358,516
Affiliate investments (amortized cost of $80,445,967 and $46,224,927, respectively)	85,623,204	48,234,124
Control investments (amortized cost of $98,963,250 and $95,058,356, respectively)	93,632,423	100,974,715
Total investments at fair value (amortized cost of $955,936,545 and $796,248,327, respectively)	954,663,668	817,567,355
Cash and cash equivalents	3,068,165	47,257,801
Cash and cash equivalents, reserve accounts	9,579,226	5,612,541
Interest receivable (net of reserve of $1,181,633 and $0, respectively)	5,019,691	5,093,561
Due from affiliate (See Note 7)	17,670	90,968
Management fee receivable	363,552	362,549
Other assets	255,445	254,980
Current Tax Receivable	64,638
Total assets	973,032,055	876,239,755
LIABILITIES
Revolving credit facility	25,000,000	12,500,000
Base management and incentive fees payable	9,529,363	12,947,025
Deferred tax liability	1,710,315	1,249,015
Accounts payable and accrued expenses	1,188,574	799,058
Current income tax payable		2,820,036
Interest and debt fees payable	3,073,477	2,801,621
Directors fees payable	108,932	70,000
Due to manager	189,252	263,814
Excise tax payable		630,183
Total liabilities	635,818,780	520,459,232
Commitments and contingencies (See Note 9)
NET ASSETS
Common stock, par value $0.001, 100,000,000 common shares authorized, 11,927,238 and 12,131,350 common shares issued and outstanding, respectively	11,927	12,131
Capital in excess of par value	322,832,986	328,062,246
Total distributable earnings (deficit)	14,368,362	27,706,146
Total net assets	337,213,275	355,780,523
Total liabilities and net assets	$ 973,032,055	$ 876,239,755
NET ASSET VALUE PER SHARE (in Dollars per share)	$ 28.27	$ 29.33
Revolving credit facility
LIABILITIES
Deferred debt financing costs	$ (960,415)	$ (1,191,115)
SBA debentures payable
LIABILITIES
Deferred debt financing costs	(5,259,305)	(4,344,983)
Notes payable	233,660,000	185,000,000
7.25% Notes Payable 2025
LIABILITIES
Deferred debt financing costs		(1,078,201)
Notes payable		43,125,000
7.75% Notes Payable 2025
LIABILITIES
Deferred debt financing costs	(156,726)	(184,375)
Notes payable	5,000,000	5,000,000
4.375% Notes Payable 2026
LIABILITIES
Deferred debt financing costs	(2,970,717)	(3,395,435)
Notes payable	175,000,000	175,000,000
Premium on 4.375% notes payable 2026	979,272	1,086,013
4.35% Notes Payable 2027
LIABILITIES
Deferred debt financing costs	(1,549,296)	(1,722,908)
Notes payable	75,000,000	75,000,000
Discount on notes payable 2027	(441,527)	(499,263)
6.25% Notes Payable 2027
LIABILITIES
Deferred debt financing costs	(380,308)	(416,253)
Notes payable	15,000,000	$ 15,000,000
6.00% Notes Payable 2027
LIABILITIES
Deferred debt financing costs	(3,227,625)
Notes payable	105,500,000
Discount on notes payable 2027	$ (174,486)

Consolidated Statements of As_2

Consolidated Statements of Assets and Liabilities (Unaudited) (Parentheticals) - USD ($)	6 Months Ended
	Aug. 31, 2022	Feb. 28, 2022
Amortized cost of investments	$ 776,527,328	$ 654,965,044
Amortized cost of affiliate investments	80,445,967	46,224,927
Amortized cost of control investments	98,963,250	95,058,356
Amortized cost of investment at fair value	955,936,545	796,248,327
Net reserve of interest receivable	$ 1,181,633	$ 0
Common stock par value (in Dollars per share)	$ 0.001	$ 0.001
Common stock, shares authorized (in Shares)	100,000,000	100,000,000
Common stock, shares issued (in Shares)	11,927,238	12,131,350
Common stock, shares outstanding (in Shares)	11,927,238	12,131,350
7.25% Notes Payable 2025
Debt financing costs, percentage	7.25%
7.75% Notes Payable 2025
Debt financing costs, percentage	7.75%
4.375% Notes Payable 2026
Debt financing costs, percentage	4.375%
Notes payable premium, percentage	4.375%
4.35% Notes Payable 2027
Debt financing costs, percentage	4.35%
Notes payable discount, percentage	4.35%
6.25% Notes Payable 2027
Debt financing costs, percentage	6.25%
6.00% Notes Payable 2027
Debt financing costs, percentage	6%

Consolidated Statements of Oper

Consolidated Statements of Operations (Unaudited) - USD ($)		3 Months Ended		6 Months Ended
		Aug. 31, 2022	Aug. 31, 2021	Aug. 31, 2022	Aug. 31, 2021
Interest income:
Non-control/Non-affiliate investments		$ 16,197,470	$ 11,298,024	$ 30,048,616	$ 22,534,761
Affiliate investments		1,322,501	936,508	2,372,649	1,277,020
Control investments		1,513,666	2,059,101	3,059,796	3,914,086
Payment-in-kind interest income:
Non-control/Non-affiliate investments		85,746	710,329	171,427	887,095
Affiliate investments		29,167		29,167
Control investments		84,220	109,971	157,441	187,646
Total interest from investments		19,232,770	15,113,933	35,839,096	28,800,608
Interest from cash and cash equivalents		34,435	1,071	35,152	1,593
Management fee income		817,024	814,622	1,632,988	1,632,854
Dividend Income	[1]	212,688	658,881	512,817	1,057,498
Structuring and advisory fee income		1,408,086	1,038,250	2,259,814	2,340,125
Other income	[1]	147,843	814,926	252,111	1,424,995
Total investment income		21,852,846	18,441,683	40,531,978	35,257,673
OPERATING EXPENSES
Interest and debt financing expenses		7,922,025	5,184,184	14,793,538	9,525,096
Base management fees		4,104,105	3,002,097	7,906,168	5,761,005
Incentive management fees expense (benefit)		589,840	2,018,163	(1,314,145)	7,280,699
Professional fees		368,165	460,753	785,490	967,814
Administrator expenses		772,917	712,500	1,522,917	1,406,250
Insurance		90,226	86,318	177,536	172,636
Directors fees and expenses		110,000	100,500	220,000	192,500
General and administrative		299,445	453,225	966,861	943,876
Income tax expense (benefit)		(101,891)	30,682	(200,623)	58,601
Total operating expenses		14,154,832	12,048,422	24,857,742	26,308,477
NET INVESTMENT INCOME		7,698,014	6,393,261	15,674,236	8,949,196
REALIZED AND UNREALIZED GAIN (LOSS) ON INVESTMENTS
Non-control/Non-affiliate investments		7,943,838	1,641,462	8,106,347	3,551,605
Control investments			(139,867)		(139,867)
Net realized gain (loss) from investments		7,943,838	1,501,595	8,106,347	3,411,738
Income tax (provision) benefit from realized gain on investments			(448,883)	69,250	(448,883)
Non-control/Non-affiliate investments		(13,878,470)	2,256,932	(14,512,759)	8,772,357
Affiliate investments		2,600,434	2,681,640	3,168,040	4,677,451
Control investments		(1,980,420)	(1,562,033)	(11,247,186)	6,739,309
Net change in unrealized appreciation (depreciation) on investments		(13,258,456)	3,376,539	(22,591,905)	20,189,117
Net change in provision for deferred taxes on unrealized (appreciation) depreciation on investments		(230,154)	(1,328,711)	(592,105)	(1,558,855)
Net realized and unrealized gain (loss) on investments		(5,544,772)	3,100,540	(15,008,413)	21,593,117
Realized losses on extinguishment of debt		(1,204,809)	(1,552,140)	(1,204,809)	(1,552,140)
NET INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS		$ 948,433	$ 7,941,661	$ (538,986)	$ 28,990,173
WEIGHTED AVERAGE - BASIC AND DILUTED EARNINGS (LOSS) PER COMMON SHARE (in Dollars per share)		$ 0.08	$ 0.71	$ (0.04)	$ 2.59
WEIGHTED AVERAGE COMMON SHARES OUTSTANDING - BASIC AND DILUTED (in Shares)		11,963,276	11,175,436	12,037,855	11,172,787
[1]Certain prior period amounts have been reclassified to conform to current period presentation.

Consolidated Statements of Op_2

Consolidated Statements of Operations (Unaudited) (Parentheticals) - $ / shares	3 Months Ended		6 Months Ended
	Aug. 31, 2022	Aug. 31, 2021	Aug. 31, 2022	Aug. 31, 2021
Income Statement [Abstract]
WEIGHTED AVERAGE - BASIC AND DILUTED EARNINGS (LOSS) PER COMMON SHARE (in Dollars per share)	$ 0.08	$ 0.71	$ (0.04)	$ 2.59
WEIGHTED AVERAGE COMMON SHARES OUTSTANDING - BASIC AND DILUTED (in Shares)	11,963,276	11,175,436	12,037,855	11,172,787

Consolidated Statements of Chan

Consolidated Statements of Changes in Net Assets (Unaudited) - USD ($)	6 Months Ended
	Aug. 31, 2022	Aug. 31, 2021
INCREASE (DECREASE) FROM OPERATIONS:
Net investment income	$ 15,674,236	$ 8,949,196
Net realized gain from investments	8,106,347	3,411,738
Realized losses on extinguishment of debt	(1,204,809)	(1,552,140)
Income tax (provision) benefit from realized gain on investments	69,250	(448,883)
Net change in unrealized appreciation (depreciation) on investments	(22,591,905)	20,189,117
Net change in provision for deferred taxes on unrealized (appreciation) depreciation on investments	(592,105)	(1,558,855)
Net increase (decrease) in net assets resulting from operations	(538,986)	28,990,173
DECREASE FROM SHAREHOLDER DISTRIBUTIONS:
Total distributions to shareholders	(12,798,798)	(9,709,800)
Net decrease in net assets from shareholder distributions	(12,798,798)	(9,709,800)
CAPITAL SHARE TRANSACTIONS:
Proceeds from issuance of common stock		157,040
Stock dividend distribution	2,196,868	1,742,614
Repurchases of common stock	(7,420,421)	(1,252,143)
Repurchase fees	(5,911)	(992)
Offering costs		(817)
Net increase (decrease) in net assets from capital share transactions	(5,229,464)	645,702
Total increase (decrease) in net assets	(18,567,248)	19,926,075
Net assets at beginning of period	355,780,523	304,185,770
Net assets at end of period	$ 337,213,275	$ 324,111,845

Consolidated Statements of Cash

Consolidated Statements of Cash Flows (Unaudited) - USD ($)	6 Months Ended
	Aug. 31, 2022	Aug. 31, 2021
Operating activities
NET INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS	$ (538,986)	$ 28,990,173
ADJUSTMENTS TO RECONCILE NET INCREASE (DECREASE) IN NET ASSETS RESULTING
Payment-in-kind and other adjustments to cost	1,594,054	(1,905,423)
Net accretion of discount on investments	(833,939)	(884,936)
Amortization of deferred debt financing costs	1,674,315	1,023,062
Realized losses on extinguishment of debt	1,204,809	1,552,140
Income tax expense (benefit)	(269,873)	30,964
Net realized (gain) loss from investments	(8,106,347)	(3,411,738)
Net change in unrealized (appreciation) depreciation on investments	22,591,905	(20,189,117)
Net change in provision for deferred taxes on unrealized appreciation (depreciation) on investments	592,105	1,558,855
Proceeds from sales and repayments of investments	105,173,099	149,787,188
Purchases of investments	(257,515,083)	(235,180,617)
(Increase) decrease in operating assets:
Interest receivable	73,870	(891,097)
Due from affiliate	73,298	2,719,000
Management and incentive fee receivable	(1,003)	(329,730)
Tax receivable	64,638
Other assets	(465)	(60,140)
Increase (decrease) in operating liabilities:
Base management and incentive fees payable	(3,417,662)	4,868,310
Accounts payable and accrued expenses	389,516	1,010,580
Current tax payable	(2,820,036)
Interest and debt fees payable	271,856	(177,519)
Directors fees payable	38,932	(70,500)
Excise tax payable	(630,183)	(691,672)
Due to manager	(74,562)	29,675
NET CASH PROVIDED BY (USED IN) OPERATING ACTIVITIES	(140,465,742)	(72,222,542)
Financing activities
Borrowings on debt	79,500,000	87,500,000
Paydowns on debt	(18,340,000)	(73,500,000)
Issuance of notes	105,500,000	175,000,000
Repayments of notes	(43,125,000)	(60,000,000)
Payments of deferred debt financing costs	(5,087,947)	(5,569,027)
Discount on debt issuance, 6.000% notes 2027	(176,000)
Premium on debt issuance, 4.375% notes 2026		1,250,000
Proceeds from issuance of common stock		157,040
Payments of cash dividends	(10,601,930)	(7,967,186)
Repurchases of common stock	(7,420,421)	(1,252,143)
Repurchases fees	(5,911)	(992)
Payments of offering costs		(817)
NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES	100,242,791	115,616,875
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS AND CASH AND CASH EQUIVALENTS, RESERVE ACCOUNTS	(40,222,951)	43,394,333
CASH AND CASH EQUIVALENTS AND CASH AND CASH EQUIVALENTS, RESERVE ACCOUNTS, BEGINNING OF PERIOD	52,870,342	29,915,074
CASH AND CASH EQUIVALENTS AND CASH AND CASH EQUIVALENTS, RESERVE ACCOUNTS, END OF PERIOD	12,647,391	73,309,407
Supplemental information:
Interest paid during the period	12,691,530	8,679,552
Cash paid for taxes	2,759,376	703,158
Supplemental non-cash information:
Payment-in-kind interest income and other adjustments to cost	(1,799,723)	1,905,423
Net accretion of discount on investments	833,939	884,936
Amortization of deferred debt financing costs	1,674,315	1,023,062
Stock dividend distribution	$ 2,196,868	$ 1,742,614

Consolidated Statements of Ca_2

Consolidated Statements of Cash Flows (Unaudited) (Parentheticals)	6 Months Ended
	Aug. 31, 2022	Aug. 31, 2021
Statement of Cash Flows [Abstract]
Discount on debt issuance percentage	6%	6%
Premium on debt issuance percentage	4.375%	4.375%

Consolidated Schedule of Invest

Consolidated Schedule of Investments (Unaudited) - Saratoga CLO [Member] - USD ($)		6 Months Ended		12 Months Ended
		Aug. 31, 2022		Feb. 28, 2022
Chronus LLC [Member]
Non-control/Non-affiliate investments - 228.1% (b)
Fair Value		$ 2,923,500
Cost		$ 2,970,276
% of Net Assets		0.90%
Principal/ Number of Shares		$ 3,000,000
Original Acquisition Date		Aug. 26, 2021
Total Alternative Investment Management Software [Member]
Non-control/Non-affiliate investments - 228.1% (b)
Fair Value		$ 9,920,000
Cost		$ 9,921,109
% of Net Assets		2.90%
Total Alternative Investment Management Software [Member] | Altvia MidCo, LLC [Member]
Non-control/Non-affiliate investments - 228.1% (b)
Fair Value	[1]	$ 7,920,000
Cost	[1]	$ 7,921,109
% of Net Assets	[1]	2.30%
Principal/ Number of Shares	[1]	$ 8,000,000
Original Acquisition Date	[1]	Jul. 18, 2022
Total Alternative Investment Management Software [Member] | Altvia MidCo, LLC. One [Member]
Non-control/Non-affiliate investments - 228.1% (b)
Fair Value	[1],[2]	$ 2,000,000
Cost	[1],[2]	$ 2,000,000
% of Net Assets	[1],[2]	0.60%
Principal/ Number of Shares	[1],[2]	$ 2,000,000
Original Acquisition Date	[1],[2]	Jul. 18, 2022
Total Consumer Products [Member]
Non-control/Non-affiliate investments - 228.1% (b)
Fair Value	[3],[4]	$ 921,256	[1]	$ 692,535	[5]
Cost	[4]	$ 1,589,630	[1]	$ 1,589,630	[5]
% of Net Assets	[1],[4]	0.30%		0.20%	[5]
Total Consumer Products [Member] | Targus Holdings, Inc. [Member]
Non-control/Non-affiliate investments - 228.1% (b)
Fair Value	[3],[4]	$ 921,256	[1],[2]	$ 692,535	[5],[6]
Cost	[4]	$ 1,589,630	[1],[2]	$ 1,589,630	[5],[6]
% of Net Assets	[1],[4]	0.30%	[2]	0.20%	[5],[6]
Principal/ Number of Shares	[4]	$ 210,456	[1],[2]	$ 210,456	[5],[6]
Original Acquisition Date	[4]	Dec. 31, 2009	[1],[2]	Dec. 31, 2009	[5],[6]
Total Corporate Education Software [Member]
Non-control/Non-affiliate investments - 228.1% (b)
Fair Value	[3],[4]	$ 3,652,653	[1]	$ 3,305,839	[5]
Cost	[4]	$ 475,698	[1]	$ 475,698	[5]
% of Net Assets	[1],[4]	1.10%		0.90%	[5]
Total Corporate Education Software [Member] | Schoox Inc. [Member]
Non-control/Non-affiliate investments - 228.1% (b)
Fair Value	[3],[4],[7]	$ 3,652,653	[1],[2]	$ 3,305,839	[5],[6]
Cost	[4],[7]	$ 475,698	[1],[2]	$ 475,698	[5],[6]
% of Net Assets	[1],[4],[7]	1.10%	[2]	0.90%	[5],[6]
Principal/ Number of Shares	[4],[7]	$ 1,050	[1],[2]	$ 1,050	[5],[6]
Original Acquisition Date	[4],[7]	Dec. 08, 2020	[1],[2]	Dec. 08, 2020	[5],[6]
Total Cyber Security [Member]
Non-control/Non-affiliate investments - 228.1% (b)
Fair Value	[3],[4]	$ 2,418,060	[1]	$ 1,635,704	[5]
Cost	[4]	$ 1,906,275	[1],[8]	$ 1,635,704	[5]
% of Net Assets	[1],[4]	0.70%	[8]	0.50%	[5]
Total Cyber Security [Member] | GreyHeller LLC [Member]
Non-control/Non-affiliate investments - 228.1% (b)
Fair Value	[4]	$ 2,418,060	[1],[2]	$ 1,635,704	[3],[5],[6]
Cost	[4]	$ 1,906,275	[1],[2]	$ 1,635,704	[5],[6]
% of Net Assets	[1],[4]	0.70%	[2]	0.50%	[5],[6]
Principal/ Number of Shares	[4]	$ 7,857,689	[1],[2]	$ 6,742,392	[5],[6]
Original Acquisition Date	[4]	Nov. 10, 2021	[1],[2]	Nov. 10, 2021	[5],[6]
Total Dental Practice Management [Member]
Non-control/Non-affiliate investments - 228.1% (b)
Fair Value	[3],[4]	$ 8,625,785	[1]	$ 8,402,606	[5]
Cost	[4]	$ 8,644,149	[1]	$ 8,635,311	[5]
% of Net Assets	[1],[4]	2.50%		2.40%	[5]
Total Dental Practice Management [Member] | New England Dental Partners [Member]
Non-control/Non-affiliate investments - 228.1% (b)
Fair Value	[3],[4]	$ 6,495,350	[1]	$ 6,404,891	[5]
Cost	[4]	$ 6,509,311	[1]	$ 6,502,672	[5]
% of Net Assets	[1],[4]	1.90%		1.80%	[5]
Principal/ Number of Shares	[4]	$ 6,555,000	[1]	$ 6,555,000	[5]
Original Acquisition Date	[4]	Nov. 25, 2020	[1]	Nov. 25, 2020	[5]
Total Dental Practice Management [Member] | New England Dental Partners One [Member]
Non-control/Non-affiliate investments - 228.1% (b)
Fair Value	[3],[4]	$ 2,130,435	[1],[9]	$ 1,997,715	[5],[10]
Cost	[4]	$ 2,134,838	[1],[9]	$ 2,132,639	[5],[10]
% of Net Assets	[1],[4]	0.60%	[9]	0.60%	[5],[10]
Principal/ Number of Shares	[4]	$ 2,150,000	[1],[9]	$ 2,150,000	[5],[10]
Original Acquisition Date	[4]	Nov. 25, 2020	[1],[9]	Nov. 25, 2020	[5],[10]
Total Direct Selling Software [Member]
Non-control/Non-affiliate investments - 228.1% (b)
Fair Value	[1],[3],[4]	$ 25,936,042
Cost	[1],[4]	$ 25,987,201
% of Net Assets	[1],[4]	7.70%
Total Direct Selling Software [Member] | Exigo, LLC [Member]
Non-control/Non-affiliate investments - 228.1% (b)
Fair Value	[1],[3],[4]	$ 24,688,125
Cost	[1],[4]	$ 24,737,201
% of Net Assets	[1],[4]	7.30%
Principal/ Number of Shares	[1],[4]	$ 24,937,500
Original Acquisition Date	[1],[4]	Mar. 16, 2022
Total Direct Selling Software [Member] | Exigo, LLC One [Member]
Non-control/Non-affiliate investments - 228.1% (b)
Fair Value	[1],[3],[4],[9]
Cost	[1],[4],[9]
% of Net Assets	[1],[4],[9]	0%
Principal/ Number of Shares	[1],[4],[9]
Original Acquisition Date	[1],[4],[9]	Mar. 16, 2022
Total Direct Selling Software [Member] | Exigo, LLC Two [Member]
Non-control/Non-affiliate investments - 228.1% (b)
Fair Value	[1],[3],[4],[9]	$ 206,250
Cost	[1],[4],[9]	$ 208,333
% of Net Assets	[1],[4],[9]	0.10%
Principal/ Number of Shares	[1],[4],[9]	$ 208,334
Original Acquisition Date	[1],[4],[9]	Mar. 16, 2022
Total Direct Selling Software [Member] | Exigo, LLC Three [Member]
Non-control/Non-affiliate investments - 228.1% (b)
Fair Value	[1],[2],[3],[4],[7]	$ 1,041,667
Cost	[1],[2],[4],[7]	$ 1,041,667
% of Net Assets	[1],[2],[4],[7]	0.30%
Principal/ Number of Shares	[1],[2],[4],[7]	$ 1,041,667
Original Acquisition Date	[1],[2],[4],[7]	Mar. 16, 2022
Total Education Services [Member]
Non-control/Non-affiliate investments - 228.1% (b)
Fair Value	[3],[4]	$ 34,371,942	[1]	$ 35,309,414	[5]
Cost	[4]	$ 35,623,512	[1]	$ 35,608,370	[5]
% of Net Assets	[1],[4]	10.20%		9.90%	[5]
Total Education Services [Member] | C2 Educational Systems [Member]
Non-control/Non-affiliate investments - 228.1% (b)
Fair Value	[3],[4]	$ 18,524,050	[1]	$ 18,220,650	[5]
Cost	[4]	$ 18,489,014	[1]	$ 18,484,747	[5]
% of Net Assets	[1],[4]	5.50%		5.10%	[5]
Principal/ Number of Shares	[4]	$ 18,500,000	[1]	$ 18,500,000	[5]
Original Acquisition Date	[4]	May 31, 2017	[1]	May 31, 2017	[5]
Total Education Services [Member] | C2 Education Systems, Inc. [Member]
Non-control/Non-affiliate investments - 228.1% (b)
Fair Value	[3],[4]	$ 636,732	[1],[2]	$ 599,296	[5],[6]
Cost	[4]	$ 499,904	[1],[2]	$ 499,904	[5],[6]
% of Net Assets	[1],[4]	0.20%	[2]	0.20%	[5],[6]
Principal/ Number of Shares	[4]	$ 3,127	[1],[2]	$ 3,127	[5],[6]
Original Acquisition Date	[4]	May 18, 2021	[1],[2]	May 18, 2021	[5],[6]
Total Education Services [Member] | Zollege PBC [Member]
Non-control/Non-affiliate investments - 228.1% (b)
Fair Value	[3],[4]	$ 14,675,200	[1]	$ 15,794,300	[5]
Cost	[4]	$ 15,888,280	[1]	$ 15,877,908	[5]
% of Net Assets	[1],[4]	4.40%		4.40%	[5]
Principal/ Number of Shares	[4]	$ 16,000,000	[1]	$ 16,000,000	[5]
Original Acquisition Date	[4]	May 11, 2021	[1]	May 11, 2021	[5]
Total Education Services [Member] | Zollege PBC One [Member]
Non-control/Non-affiliate investments - 228.1% (b)
Fair Value	[3],[4]	$ 375,800	[1],[9]	$ 493,950	[5],[10]
Cost	[4]	$ 496,314	[1],[9]	$ 495,811	[5],[10]
% of Net Assets	[1],[4]	0.10%	[9]	0.10%	[5],[10]
Principal/ Number of Shares	[4]	$ 500,000	[1],[9]	$ 500,000	[5],[10]
Original Acquisition Date	[4]	May 11, 2021	[1],[9]	May 11, 2021	[5],[10]
Total Education Services [Member] | Zollege PBC Two [Member]
Non-control/Non-affiliate investments - 228.1% (b)
Fair Value	[3],[4]	$ 160,160	[1],[2]	$ 201,218	[5],[6]
Cost	[4]	$ 250,000	[1],[2]	$ 250,000	[5],[6]
% of Net Assets	[1],[4]	0%	[2]	0.10%	[5],[6]
Principal/ Number of Shares	[4]	$ 250,000	[1],[2]	$ 250,000	[5],[6]
Original Acquisition Date	[4]	May 11, 2021	[1],[2]	May 11, 2021	[5],[6]
Total Education Software [Member]
Non-control/Non-affiliate investments - 228.1% (b)
Fair Value	[3],[4]	$ 61,261,934	[1]	$ 33,656,054	[5]
Cost	[4]	$ 57,759,539	[1]	$ 29,234,761	[5]
% of Net Assets	[1],[4]	18.20%		9.50%	[5]
Total Education Software [Member] | Destiny Solutions Inc. [Member]
Non-control/Non-affiliate investments - 228.1% (b)
Fair Value	[3],[4],[7]	$ 7,773,428	[2]	$ 7,632,061	[5],[6]
Cost	[4],[7]	$ 3,969,291	[2]	$ 3,969,291	[5],[6]
% of Net Assets	[1],[4],[7]	2.30%	[2]	2.10%	[5],[6]
Principal/ Number of Shares	[4],[7]	$ 3,068	[2]	$ 3,065	[5],[6]
Original Acquisition Date	[4],[7]	May 16, 2018	[2]	May 16, 2018	[5],[6]
Total Education Software [Member] | GoReact [Member]
Non-control/Non-affiliate investments - 228.1% (b)
Fair Value	[3],[4]	$ 7,832,000	[1]	$ 8,080,000	[5]
Cost	[4]	$ 7,932,329	[1]	$ 7,920,033	[5]
% of Net Assets	[1],[4]	2.30%		2.30%	[5]
Principal/ Number of Shares	[4]	$ 8,000,000	[1]	$ 8,000,000	[5]
Original Acquisition Date	[4]	Jan. 17, 2020	[1]	Jan. 17, 2020	[5]
Total Education Software [Member] | GoReact One [Member]
Non-control/Non-affiliate investments - 228.1% (b)
Fair Value	[3],[4]	$ 1,947,500	[1],[9]		[5],[10]
Cost	[4]	$ 2,000,000	[1],[9]		[5],[10]
% of Net Assets	[1],[4]	0.60%	[9]	0%	[5],[10]
Principal/ Number of Shares	[4]	$ 2,000,000	[1],[9]		[5],[10]
Original Acquisition Date	[4]	Jan. 18, 2022	[1],[9]	Jan. 18, 2022	[5],[10]
Total Education Software [Member] | Identity Automation Systems [Member]
Non-control/Non-affiliate investments - 228.1% (b)
Fair Value	[3],[4],[11]	$ 16,449,923	[1]	$ 16,941,250	[5]
Cost	[4],[11]	$ 16,722,500	[1]	$ 16,941,250	[5]
% of Net Assets	[1],[4],[11]	4.90%		4.80%	[5]
Principal/ Number of Shares	[4],[11]	$ 16,722,500	[1]	$ 16,941,250	[5]
Original Acquisition Date	[4],[11]	Aug. 25, 2014	[1]	Aug. 25, 2014	[5]
Total Education Software [Member] | Identity Automation Systems One [Member]
Non-control/Non-affiliate investments - 228.1% (b)
Fair Value	[3],[4]	$ 320,090	[1],[2]	$ 801,923	[5],[6]
Cost	[4]	$ 232,616	[1],[2]	$ 232,616	[5],[6]
% of Net Assets	[1],[4]	0.10%	[2]	0.20%	[5],[6]
Principal/ Number of Shares	[4]	$ 232,616	[1],[2]	$ 232,616	[5],[6]
Original Acquisition Date	[4]	Aug. 25, 2014	[1],[2]	Aug. 25, 2014	[5],[6]
Total Education Software [Member] | Identity Automation Systems Two [Member]
Non-control/Non-affiliate investments - 228.1% (b)
Fair Value	[3],[4]	$ 208,993	[1],[2]	$ 200,820	[5],[6]
Cost	[4]	$ 171,571	[1],[2]	$ 171,571	[5],[6]
% of Net Assets	[1],[4]	0.10%	[2]	0.10%	[5],[6]
Principal/ Number of Shares	[4]	$ 43,715	[1],[2]	$ 43,715	[5],[6]
Original Acquisition Date	[4]	Mar. 06, 2020	[1],[2]	Mar. 06, 2020	[5],[6]
Total Education Software [Member] | Ready Education [Member]
Non-control/Non-affiliate investments - 228.1% (b)
Fair Value		$ 26,730,000
Cost		$ 26,731,232
% of Net Assets		7.90%
Principal/ Number of Shares		$ 27,000,000
Original Acquisition Date		Aug. 05, 2022
Total Facilities Maintenance [Member]
Non-control/Non-affiliate investments - 228.1% (b)
Fair Value	[3],[4]	$ 617,415	[1]	$ 482,036	[5]
Cost	[4]	$ 488,148	[1]	$ 488,148	[5]
% of Net Assets	[1],[4]	0.20%		0.10%	[5]
Total Facilities Maintenance [Member] | TG Pressure Washing Holdings, LLC [Member]
Non-control/Non-affiliate investments - 228.1% (b)
Fair Value	[3],[4]	$ 617,415	[1],[2]	$ 482,036	[5],[6]
Cost	[4]	$ 488,148	[1],[2]	$ 488,148	[5],[6]
% of Net Assets	[1],[4]	0.20%	[2]	0.10%	[5],[6]
Principal/ Number of Shares	[4]	$ 488,148	[1],[2]	$ 488,148	[5],[6]
Original Acquisition Date	[4]	Aug. 12, 2019	[1],[2]	Aug. 12, 2019	[5],[6]
Total Field Service Management [Member]
Non-control/Non-affiliate investments - 228.1% (b)
Fair Value	[3],[4]	$ 6,888,474	[1]	$ 6,981,279	[5]
Cost	[4]	$ 6,939,826	[1]	$ 6,930,209	[5]
% of Net Assets	[1],[4]	2.10%		2%	[5]
Total Field Service Management [Member] | Davisware, LLC [Member]
Non-control/Non-affiliate investments - 228.1% (b)
Fair Value	[3],[4]	$ 5,923,200	[1]	$ 6,003,000	[5]
Cost	[4]	$ 5,963,845	[1]	$ 5,954,705	[5]
% of Net Assets	[1],[4]	1.80%		1.70%	[5]
Principal/ Number of Shares	[4]	$ 6,000,000	[1]	$ 6,000,000	[5]
Original Acquisition Date	[4]	Sep. 06, 2019	[1]	Sep. 06, 2019	[5]
Total Field Service Management [Member] | Davisware, LLC One [Member]
Non-control/Non-affiliate investments - 228.1% (b)
Fair Value	[3],[4]	$ 965,274	[1],[9]	$ 978,279	[5],[10]
Cost	[4]	$ 975,981	[1],[9]	$ 975,504	[5],[10]
% of Net Assets	[1],[4]	0.30%	[9]	0.30%	[5],[10]
Principal/ Number of Shares	[4]	$ 977,790	[1],[9]	$ 977,790	[5],[10]
Original Acquisition Date	[4]	Sep. 06, 2019	[1],[9]	Sep. 06, 2019	[5],[10]
Total Financial Services [Member]
Non-control/Non-affiliate investments - 228.1% (b)
Fair Value	[3],[4]	$ 24,905,823	[1]	$ 23,539,688	[5]
Cost	[4]	$ 25,067,430	[1]	$ 23,324,895	[5]
% of Net Assets	[1],[4]	7.30%		6.50%	[5]
Total Financial Services [Member] | GDS Software Holdings, LLC [Member]
Non-control/Non-affiliate investments - 228.1% (b)
Fair Value	[3],[4]	$ 22,232,391	[1]	$ 22,570,829	[5]
Cost	[4]	$ 22,588,227	[1]	$ 22,579,864	[5]
% of Net Assets	[1],[4]	6.60%		6.30%	[5]
Principal/ Number of Shares	[4]	$ 22,713,926	[1]	$ 22,713,926	[5]
Original Acquisition Date	[4]	Dec. 30, 2021	[1]	Dec. 30, 2021	[5]
Total Financial Services [Member] | GDS Software Holdings, LLC One [Member]
Non-control/Non-affiliate investments - 228.1% (b)
Fair Value	[3],[4]	$ 2,180,335	[1],[9]	$ 496,850	[5],[10]
Cost	[4]	$ 2,229,203	[1],[9]	$ 495,031	[5],[10]
% of Net Assets	[1],[4]	0.60%	[9]	0.10%	[5],[10]
Principal/ Number of Shares	[4]	$ 2,250,000	[1],[9]	$ 500,000	[5],[10]
Original Acquisition Date	[4]	Dec. 30, 2021	[1],[9]	Dec. 18, 2021	[5],[10]
Total Financial Services [Member] | GDS Software Holdings, LLC Two [Member]
Non-control/Non-affiliate investments - 228.1% (b)
Fair Value	[3],[4]	$ 493,097	[1],[2]	$ 472,009	[5],[6]
Cost	[4]	$ 250,000	[1],[2]	$ 250,000	[5],[6]
% of Net Assets	[1],[4]	0.10%	[2]	0.10%	[5],[6]
Principal/ Number of Shares	[4]	$ 250,000	[1],[2]	$ 250,000	[5],[6]
Original Acquisition Date	[4]	Aug. 23, 2018	[1],[2]	Aug. 23, 2018	[5],[6]
Total Financial Services Software [Member]
Non-control/Non-affiliate investments - 228.1% (b)
Fair Value	[3],[4]	$ 8,040,000	[1]	$ 5,940,000	[5]
Cost	[4]	$ 8,224,788	[1]	$ 5,942,482	[5]
% of Net Assets	[1],[4]	2.30%		1.70%	[5]
Total Financial Services Software [Member] | Ascend Software, LLC [Member]
Non-control/Non-affiliate investments - 228.1% (b)
Fair Value	[3],[4]	$ 5,875,200	[1]	$ 5,940,000	[5]
Cost	[4]	$ 5,946,906	[1]	$ 5,942,482	[5]
% of Net Assets	[1],[4]	1.70%		1.70%	[5]
Principal/ Number of Shares	[4]	$ 6,000,000	[1]	$ 6,000,000	[5]
Original Acquisition Date	[4]	Dec. 15, 2021	[1]	Dec. 15, 2021	[5]
Total Financial Services Software [Member] | Ascend Software, LLC [Member]
Non-control/Non-affiliate investments - 228.1% (b)
Fair Value	[3],[4]	$ 2,164,800	[1],[9]		[5],[10]
Cost	[4]	$ 2,277,882	[1],[9]		[5],[10]
% of Net Assets	[1],[4]	0.60%	[9]	0%	[5],[10]
Principal/ Number of Shares	[4]	$ 2,300,000	[1],[9]		[5],[10]
Original Acquisition Date	[4]	Dec. 15, 2021	[1],[9]	Dec. 15, 2021	[5],[10]
Total Healthcare Products Manufacturing [Member]
Non-control/Non-affiliate investments - 228.1% (b)
Fair Value	[3],[4]	$ 584,570	[1]	$ 714,271	[5]
Cost	[4]	$ 380,353	[1]	$ 380,353	[5]
% of Net Assets	[1],[4]	0.20%		0.20%	[5]
Total Healthcare Products Manufacturing [Member] | Ohio Medical, LLC [Member]
Non-control/Non-affiliate investments - 228.1% (b)
Fair Value	[3],[4]	$ 584,570	[1],[2]	$ 714,271	[5],[6]
Cost	[4]	$ 380,353	[1],[2]	$ 380,353	[5],[6]
% of Net Assets	[1],[4]	0.20%	[2]	0.20%	[5],[6]
Principal/ Number of Shares	[4]	$ 5,000	[1],[2]	$ 5,000	[5],[6]
Original Acquisition Date	[4]	Jan. 15, 2016	[1],[2]	Jan. 15, 2016	[5],[6]
Total Healthcare Services [Member]
Non-control/Non-affiliate investments - 228.1% (b)
Fair Value	[3],[4]	$ 26,168,701	[1]	$ 42,053,734	[5]
Cost	[4]	$ 25,313,338	[1]	$ 41,255,644	[5]
% of Net Assets	[1],[4]	7.70%		11.80%	[5]
Total Healthcare Services [Member] | Axiom Parent Holdings, LLC [Member]
Non-control/Non-affiliate investments - 228.1% (b)
Fair Value	[3],[4]	$ 1,168,701	[1],[2]	$ 1,032,934	[5],[6]
Cost	[4]	$ 400,000	[1],[2]	$ 400,000	[5],[6]
% of Net Assets	[1],[4]	0.30%	[2]	0.30%	[5],[6]
Principal/ Number of Shares	[4]	$ 400,000	[1],[2]	$ 400,000	[5],[6]
Original Acquisition Date	[4]	Jun. 19, 2018	[1],[2]	Jun. 19, 2018	[5],[6]
Total Healthcare Services [Member] | ComForCare Health Care [Member]
Non-control/Non-affiliate investments - 228.1% (b)
Fair Value	[3],[4],[11]	$ 25,000,000	[1]	$ 25,000,000	[5]
Cost	[4],[11]	$ 24,913,338	[1]	$ 24,903,581	[5]
% of Net Assets	[1],[4],[11]	7.40%		7%	[5]
Principal/ Number of Shares	[4],[11]	$ 25,000,000	[1]	$ 25,000,000	[5]
Original Acquisition Date	[4],[11]	Jan. 31, 2017	[1]	Jan. 31, 2017	[5]
Total Healthcare Services [Member] | Axiom Purchaser, Inc. [Member]
Non-control/Non-affiliate investments - 228.1% (b)
Fair Value	[3],[4],[5],[11]			$ 10,013,000
Cost	[4],[5],[11]			$ 9,974,217
% of Net Assets	[1],[4],[5],[11]			2.80%
Principal/ Number of Shares	[4],[5],[11]			$ 10,000,000
Original Acquisition Date	[4],[5],[11]			Jun. 19, 2018
Total Healthcare Services [Member] | Axiom Purchaser, Inc. One [Member]
Non-control/Non-affiliate investments - 228.1% (b)
Fair Value	[3],[4],[5],[11]			$ 6,007,800
Cost	[4],[5],[11]			$ 5,977,846
% of Net Assets	[1],[4],[5],[11]			1.70%
Principal/ Number of Shares	[4],[5],[11]			$ 6,000,000
Original Acquisition Date	[4],[5],[11]			Jun. 19, 2018
Total Healthcare Software [Member]
Non-control/Non-affiliate investments - 228.1% (b)
Fair Value	[3],[4]	$ 92,466,941	[1]	$ 90,126,043	[5]
Cost	[4]	$ 91,897,157	[1]	$ 89,011,164	[5]
% of Net Assets	[1],[4]	27.40%		25.30%	[5]
Total Healthcare Software [Member] | TRC HemaTerra, LLC [Member]
Non-control/Non-affiliate investments - 228.1% (b)
Fair Value	[3],[4]	$ 4,085,490	[1],[2]	$ 3,788,769	[5],[6]
Cost	[4]	$ 2,816,693	[1],[2]	$ 2,816,693	[5],[6]
% of Net Assets	[1],[4]	1.20%	[2]	1.10%	[5],[6]
Principal/ Number of Shares	[4]	$ 2,487	[1],[2]	$ 2,487	[5],[6]
Original Acquisition Date	[4]	Apr. 15, 2019	[1],[2]	Apr. 15, 2019	[5],[6]
Total Healthcare Software [Member] | HemaTerra Holding Company, LLC [Member]
Non-control/Non-affiliate investments - 228.1% (b)
Fair Value	[3],[4],[11]	$ 35,447,472	[1]	$ 35,640,000	[5]
Cost	[4],[11]	$ 35,558,270	[1]	$ 35,715,061	[5]
% of Net Assets	[1],[4],[11]	10.50%		10%	[5]
Principal/ Number of Shares	[4],[11]	$ 35,820,000	[1]	$ 36,000,000	[5]
Original Acquisition Date	[4],[11]	Apr. 15, 2019	[1]	Apr. 15, 2019	[5]
Total Healthcare Software [Member] | HemaTerra Holding Company, LLC One [Member]
Non-control/Non-affiliate investments - 228.1% (b)
Fair Value	[3],[4],[11]	$ 13,785,128	[1]	$ 13,860,000	[5]
Cost	[4],[11]	$ 13,851,039	[1]	$ 13,912,744	[5]
% of Net Assets	[1],[4],[11]	4.10%		3.90%	[5]
Principal/ Number of Shares	[4],[11]	$ 13,930,000	[1]	$ 14,000,000	[5]
Original Acquisition Date	[4],[11]	Apr. 15, 2019	[1]	Apr. 15, 2019	[5]
Total Healthcare Software [Member] | Procurement Partners, LLC [Member]
Non-control/Non-affiliate investments - 228.1% (b)
Fair Value	[3],[4]	$ 34,274,975	[1]	$ 34,998,550	[5]
Cost	[4]	$ 34,860,737	[1]	$ 34,827,633	[5]
% of Net Assets	[1],[4]	10.20%		9.80%	[5]
Principal/ Number of Shares	[4]	$ 35,125,000	[1]	$ 35,125,000	[5]
Original Acquisition Date	[4]	Nov. 12, 2020	[1]	Nov. 12, 2020	[5]
Total Healthcare Software [Member] | Procurement Partners, LLC One [Member]
Non-control/Non-affiliate investments - 228.1% (b)
Fair Value	[3],[4]	$ 4,195,940	[1],[9]	$ 1,195,680	[5],[10]
Cost	[4]	$ 4,259,432	[1],[9]	$ 1,188,047	[5],[10]
% of Net Assets	[1],[4]	1.20%	[9]	0.30%	[5],[10]
Principal/ Number of Shares	[4]	$ 4,300,000	[1],[9]	$ 1,200,000	[5],[10]
Original Acquisition Date	[4]	Nov. 12, 2020	[1],[9]	Nov. 12, 2020	[5],[10]
Total Healthcare Software [Member] | Procurement Partners Holdings LLC [Member]
Non-control/Non-affiliate investments - 228.1% (b)
Fair Value	[3],[4]	$ 677,936	[1],[2]	$ 643,044	[5],[6]
Cost	[4]	$ 550,986	[1],[2]	$ 550,986	[5],[6]
% of Net Assets	[1],[4]	0.20%	[2]	0.20%	[5],[6]
Principal/ Number of Shares	[4]	$ 550,986	[1],[2]	$ 550,986	[5],[6]
Original Acquisition Date	[4]	Nov. 12, 2020	[1],[2]	Nov. 12, 2020	[5],[6]
Total Healthcare Supply [Member]
Non-control/Non-affiliate investments - 228.1% (b)
Fair Value	[3],[4]		[1]	$ 5,194,266	[5]
Cost	[4]	$ 508,077	[1]	$ 5,649,490	[5]
% of Net Assets	[1],[4]	0%		1.40%	[5]
Total Healthcare Supply [Member] | Roscoe Medical, Inc. [Member]
Non-control/Non-affiliate investments - 228.1% (b)
Fair Value	[3],[4]		[1],[2]	$ 52,853	[5],[6]
Cost	[4]	$ 508,077	[1],[2]	$ 508,077	[5],[6]
% of Net Assets	[1],[4]	0%	[2]	0%	[5],[6]
Principal/ Number of Shares	[4]	$ 5,081	[1],[2]	$ 5,081	[5],[6]
Original Acquisition Date	[4]	Mar. 26, 2014	[1],[2]	Mar. 26, 2014	[5],[6]
Total Healthcare Supply [Member] | Roscoe Medical, Inc.One [Member]
Non-control/Non-affiliate investments - 228.1% (b)
Fair Value	[3],[4],[5]			$ 5,141,413
Cost	[4],[5]			$ 5,141,413
% of Net Assets	[1],[4],[5]			1.40%
Principal/ Number of Shares	[4],[5]			$ 5,141,413
Original Acquisition Date	[4],[5]			Mar. 26, 2014
Total Hospitality/Hotel [Member]
Non-control/Non-affiliate investments - 228.1% (b)
Fair Value	[3],[4]	$ 21,833,147	[1]	$ 19,924,563	[5]
Cost	[4]	$ 27,829,781	[1]	$ 25,099,553	[5]
% of Net Assets	[1],[4]	6.50%		5.70%	[5]
Total Hospitality/Hotel [Member] | Book4Time, Inc. [Member]
Non-control/Non-affiliate investments - 228.1% (b)
Fair Value	[3],[4],[11]	$ 3,136,517	[1],[12]	$ 3,112,052	[5],[13]
Cost	[4],[11]	$ 3,114,306	[1],[12]	$ 3,111,278	[5],[13]
% of Net Assets	[1],[4],[11]	0.90%	[12]	0.90%	[5],[13]
Principal/ Number of Shares	[4],[11]	$ 3,136,517	[1],[12]	$ 3,136,517	[5],[13]
Original Acquisition Date	[4],[11]	Dec. 22, 2020	[1],[12]	Dec. 22, 2020	[5],[13]
Total Hospitality/Hotel [Member] | Book4Time, Inc. One [Member]
Non-control/Non-affiliate investments - 228.1% (b)
Fair Value	[3],[4]	$ 2,000,000	[1],[12]		[5],[10],[13]
Cost	[4]	$ 1,981,430	[1],[12]		[5],[10],[13]
% of Net Assets	[1],[4]	0.60%	[12]	0%	[5],[10],[13]
Principal/ Number of Shares	[4]	$ 2,000,000	[1],[12]		[5],[10],[13]
Original Acquisition Date	[4]	Dec. 22, 2020	[1],[12]	Dec. 22, 2020	[5],[10],[13]
Total Hospitality/Hotel [Member] | Book4Time, Inc. Two [Member]
Non-control/Non-affiliate investments - 228.1% (b)
Fair Value	[3],[4],[7]	$ 235,040	[1],[2],[12]	$ 198,638	[5],[6],[13]
Cost	[4],[7]	$ 156,826	[1],[2],[12]	$ 156,826	[5],[6],[13]
% of Net Assets	[1],[4],[7]	0.10%	[2],[12]	0.10%	[5],[6],[13]
Principal/ Number of Shares	[4],[7]	$ 200,000	[1],[2],[12]	$ 200,000	[5],[6],[13]
Original Acquisition Date	[4],[7]	Dec. 22, 2020	[1],[2],[12]	Dec. 22, 2020	[5],[6],[13]
Total Hospitality/Hotel [Member] | Knowland Group, LLC [Member]
Non-control/Non-affiliate investments - 228.1% (b)
Fair Value	[3],[4]	$ 9,711,590	[1],[2],[14]	$ 10,592,873	[5]
Cost	[4]	$ 15,878,989	[1],[2],[14]	$ 15,878,989	[5]
% of Net Assets	[1],[4]	2.90%	[2],[14]	3%	[5]
Principal/ Number of Shares	[4]	$ 15,878,989	[1],[2],[14]	$ 15,878,989	[5]
Original Acquisition Date	[4]	Nov. 09, 2018	[1],[2],[14]	Nov. 09, 2018	[5]
Total Hospitality/Hotel [Member] | Sceptre Hospitality Resources, LLC [Member]
Non-control/Non-affiliate investments - 228.1% (b)
Fair Value	[3],[4]	$ 6,000,000	[1]	$ 6,021,000	[5]
Cost	[4]	$ 5,955,263	[1]	$ 5,952,460	[5]
% of Net Assets	[1],[4]	1.80%		1.70%	[5]
Principal/ Number of Shares	[4]	$ 6,000,000	[1]	$ 6,000,000	[5]
Original Acquisition Date	[4]	Apr. 27, 2020	[1]	Apr. 27, 2020	[5]
Total Hospitality/Hotel [Member] | Sceptre Hospitality Resources, LLC One [Member]
Non-control/Non-affiliate investments - 228.1% (b)
Fair Value	[3],[4]	$ 750,000	[1],[9]		[5],[10]
Cost	[4]	$ 742,967	[1],[9]		[5],[10]
% of Net Assets	[1],[4]	0.20%	[9]	0%	[5],[10]
Principal/ Number of Shares	[4]	$ 750,000	[1],[9]		[5],[10]
Original Acquisition Date	[4]	Sep. 02, 2021	[1],[9]	Sep. 02, 2021	[5],[10]
Total HVAC Services and Sales [Member]
Non-control/Non-affiliate investments - 228.1% (b)
Fair Value	[3],[4]	$ 64,701,000	[1]	$ 29,976,000	[5]
Cost	[4]	$ 64,428,535	[1]	$ 29,744,951	[5]
% of Net Assets	[1],[4]	19.20%		8.50%	[5]
Total HVAC Services and Sales [Member] | Granite Comfort, LP [Member]
Non-control/Non-affiliate investments - 228.1% (b)
Fair Value	[3],[4]	$ 62,710,200	[1]	$ 27,977,600	[5]
Cost	[4]	$ 62,445,879	[1]	$ 27,764,146	[5]
% of Net Assets	[1],[4]	18.60%		7.90%	[5]
Principal/ Number of Shares	[4]	$ 63,000,000	[1]	$ 28,000,000	[5]
Original Acquisition Date	[4]	Nov. 16, 2020	[1]	Nov. 16, 2020	[5]
Total HVAC Services and Sales [Member] | Granite Comfort, LP One [Member]
Non-control/Non-affiliate investments - 228.1% (b)
Fair Value	[3],[4]	$ 1,990,800	[1],[9]	$ 1,998,400	[5],[10]
Cost	[4]	$ 1,982,656	[1],[9]	$ 1,980,805	[5],[10]
% of Net Assets	[1],[4]	0.60%	[9]	0.60%	[5],[10]
Principal/ Number of Shares	[4]	$ 2,000,000	[1],[9]	$ 2,000,000	[5],[10]
Original Acquisition Date	[4]	Nov. 16, 2020	[1],[9]	Nov. 16, 2020	[5],[10]
Total Industrial Products [Member]
Non-control/Non-affiliate investments - 228.1% (b)
Fair Value	[3],[4]	$ 8,263,230	[1],[8]	$ 8,427,179	[5]
Cost	[4]	$ 4,186,686	[1],[8]	$ 5,008,186	[5]
% of Net Assets	[1],[4]	2.40%	[8]	2.40%	[5]
Total Industrial Products [Member] | Vector Controls Holding Co., LLC [Member]
Non-control/Non-affiliate investments - 228.1% (b)
Fair Value	[3],[4],[11]	$ 4,186,686	[1]	$ 5,008,186	[5]
Cost	[4],[11]	$ 4,186,686	[1]	$ 5,008,186	[5]
% of Net Assets	[1],[4],[11]	1.20%		1.40%	[5]
Principal/ Number of Shares	[4],[11]	$ 4,186,686	[1]	$ 5,008,186	[5]
Original Acquisition Date	[4],[11]	Mar. 06, 2013	[1]	Mar. 06, 2013	[5]
Total Industrial Products [Member] | Vector Controls Holding Co., LLC One [Member]
Non-control/Non-affiliate investments - 228.1% (b)
Fair Value	[3],[4]	$ 4,076,544	[1],[2]	$ 3,418,993	[5],[6]
Cost	[4]		[1],[2]		[5],[6]
% of Net Assets	[1],[4]	1.20%	[2]	1%	[5],[6]
Principal/ Number of Shares	[4]	$ 343	[1],[2]	$ 343	[5],[6]
Original Acquisition Date	[4]	May 31, 2015	[1],[2]	May 31, 2015	[5],[6]
Total Insurance Software [Member]
Non-control/Non-affiliate investments - 228.1% (b)
Fair Value	[3],[4]	$ 14,907,426	[1]	$ 10,920,800	[5]
Cost	[4]	$ 14,401,256	[1]	$ 10,925,938	[5]
% of Net Assets	[1],[4]	4.40%		3.10%	[5]
Total Insurance Software [Member] | AgencyBloc, LLC [Member]
Non-control/Non-affiliate investments - 228.1% (b)
Fair Value	[3],[4]	$ 12,189,272	[1]	$ 8,920,800	[5]
Cost	[4]	$ 12,176,256	[1]	$ 8,925,938	[5]
% of Net Assets	[1],[4]	3.60%		2.50%	[5]
Principal/ Number of Shares	[4]	$ 12,272,727	[1]	$ 9,000,000	[5]
Original Acquisition Date	[4]	Oct. 01, 2021	[1]	Oct. 01, 2021	[5]
Total Insurance Software [Member] | Panther ParentCo LLC [Member]
Non-control/Non-affiliate investments - 228.1% (b)
Fair Value	[3],[4]	$ 2,718,154	[1],[2]	$ 2,000,000	[5],[6]
Cost	[4]	$ 2,225,000	[1],[2]	$ 2,000,000	[5],[6]
% of Net Assets	[1],[4]	0.80%	[2]	0.60%	[5],[6]
Principal/ Number of Shares	[4]	$ 2,225,000	[1],[2]	$ 2,000,000	[5],[6]
Original Acquisition Date	[4]	Oct. 01, 2021	[1],[2]	Oct. 01, 2021	[5],[6]
Total IT Services [Member]
Non-control/Non-affiliate investments - 228.1% (b)
Fair Value	[3],[4]	$ 43,000,000	[1]	$ 43,000,000	[5]
Cost	[4]	$ 42,885,490	[1]	$ 42,806,801	[5]
% of Net Assets	[1],[4]	12.80%		12.10%	[5]
Total IT Services [Member] | LogicMonitor, Inc. [Member]
Non-control/Non-affiliate investments - 228.1% (b)
Fair Value	[3],[4],[11]	$ 43,000,000	[1]	$ 43,000,000	[5]
Cost	[4],[11]	$ 42,885,490	[1]	$ 42,806,801	[5]
% of Net Assets	[1],[4],[11]	12.80%		12.10%	[5]
Principal/ Number of Shares	[4],[11]	$ 43,000,000	[1]	$ 43,000,000	[5]
Original Acquisition Date	[4],[11]	Mar. 20, 2020	[1]	Mar. 20, 2020	[5]
Total IT Services [Member] | Netreo Holdings, LLC [Member]
Non-control/Non-affiliate investments - 228.1% (b)
Fair Value	[4]	$ 5,434,135	[1],[3],[15]	$ 5,421,575	[5],[16]
Cost	[4]	$ 5,466,713	[1],[15]	$ 5,409,201	[5],[16]
% of Net Assets	[4]	1.60%	[1],[15]	1.40%	[5],[16]
Principal/ Number of Shares	[4]	$ 5,487,916	[1],[15]	$ 5,432,440	[5],[16]
Original Acquisition Date	[1],[4],[15]	Jul. 03, 2018
Total IT Services [Member] | Netreo Holdings, LLC One [Member]
Non-control/Non-affiliate investments - 228.1% (b)
Fair Value	[4],[11]	$ 17,410,361	[1],[3],[9],[15]	13,406,648	[5],[10],[16]
Cost	[4],[11]	$ 17,518,802	[1],[9],[15]	$ 13,406,530	[5],[10],[16]
% of Net Assets	[4],[11]	5.20%	[1],[9],[15]	3.80%	[5],[10],[16]
Principal/ Number of Shares	[4],[11]	$ 17,582,671	[1],[9],[15]	$ 13,433,515	[5],[10],[16]
Original Acquisition Date	[1],[4],[9],[11],[15]	May 26, 2020
Total Lead management Software [Member]
Non-control/Non-affiliate investments - 228.1% (b)
Fair Value		$ 11,895,600
Cost		$ 11,895,886
% of Net Assets		3.50%
Total Lead management Software [Member] | ActiveProspect, Inc. [Member]
Non-control/Non-affiliate investments - 228.1% (b)
Fair Value
Cost
% of Net Assets		0%
Principal/ Number of Shares
Original Acquisition Date		Aug. 08, 2022
Total Lead management Software [Member] | ActiveProspect, Inc. [Member]
Non-control/Non-affiliate investments - 228.1% (b)
Fair Value		$ 11,895,600
Cost		$ 11,895,886
% of Net Assets		3.50%
Principal/ Number of Shares		$ 12,000,000
Original Acquisition Date		Aug. 08, 2022
Total Legal Software [Member]
Non-control/Non-affiliate investments - 228.1% (b)
Fair Value	[3],[4]	$ 20,929,526	[1]	7,425,000	[5]
Cost	[4]	$ 21,141,001	[1]	$ 7,409,860	[5]
% of Net Assets	[1],[4]	6.20%		2.10%	[5]
Total Legal Software [Member] | Centerbase, LLC [Member]
Non-control/Non-affiliate investments - 228.1% (b)
Fair Value	[3],[4]	$ 20,929,526	[1]	$ 7,425,000	[5]
Cost	[4]	$ 21,141,001	[1]	$ 7,409,860	[5]
% of Net Assets	[1],[4]	6.20%		2.10%	[5]
Principal/ Number of Shares	[4]	$ 21,354,480	[1]	$ 7,500,000	[5]
Original Acquisition Date	[4]	Jan. 18, 2022	[1]	Jan. 18, 2022	[5]
Total Marketing Orchestration Software [Member]
Non-control/Non-affiliate investments - 228.1% (b)
Fair Value	[3],[4]	$ 28,543,793	[1]	$ 28,776,867	[5]
Cost	[4]	$ 28,654,535	[1]	$ 28,782,977	[5]
% of Net Assets	[1],[4]	8.50%		8.10%	[5]
Total Marketing Orchestration Software [Member] | Madison Logic, Inc. [Member]
Non-control/Non-affiliate investments - 228.1% (b)
Fair Value	[3],[4]	$ 28,543,793	[1]	$ 28,776,867	[5]
Cost	[4]	$ 28,654,535	[1]	$ 28,782,977	[5]
% of Net Assets	[1],[4]	8.50%		8.10%	[5]
Principal/ Number of Shares	[4]	$ 28,771,084	[1]	$ 28,915,663	[5]
Original Acquisition Date	[4]	Dec. 10, 2021	[1]	Dec. 10, 2021	[5]
Total Marketing Orchestration Software [Member] | Madison Logic, Inc. One [Member]
Non-control/Non-affiliate investments - 228.1% (b)
Fair Value	[3],[4]		[1],[9]		[5],[10]
Cost	[4]		[1],[9]		[5],[10]
% of Net Assets	[1],[4]	0%	[9]	0%	[5],[10]
Principal/ Number of Shares	[4]		[1],[9]		[5],[10]
Original Acquisition Date	[4]	Dec. 10, 2021	[1],[9]	Dec. 10, 2021	[5],[10]
Total Marketing Services [Member]
Non-control/Non-affiliate investments - 228.1% (b)
Fair Value	[3],[4]	$ 17,200,000	[1]	$ 17,327,280	[5]
Cost	[4]	$ 17,132,420	[1]	$ 17,112,525	[5]
% of Net Assets	[1],[4]	5.10%		4.90%	[5]
Total Marketing Services [Member] | inMotionNow, Inc. [Member]
Non-control/Non-affiliate investments - 228.1% (b)
Fair Value	[3],[4]	$ 12,200,000	[1]	$ 12,290,280	[5]
Cost	[4]	$ 12,153,315	[1]	$ 12,139,533	[5]
% of Net Assets	[1],[4]	3.60%		3.50%	[5]
Principal/ Number of Shares	[4]	$ 12,200,000	[1]	$ 12,200,000	[5]
Original Acquisition Date	[4]	May 15, 2019	[1]	May 15, 2019	[5]
Total Marketing Services [Member] | inMotionNow, Inc. One [Member]
Non-control/Non-affiliate investments - 228.1% (b)
Fair Value	[3],[4],[11]	$ 5,000,000	[1]	$ 5,037,000	[5]
Cost	[4],[11]	$ 4,979,105	[1]	$ 4,972,992	[5]
% of Net Assets	[1],[4],[11]	1.50%		1.40%	[5]
Principal/ Number of Shares	[4],[11]	$ 5,000,000	[1]	$ 5,000,000	[5]
Original Acquisition Date	[4],[11]	May 15, 2019	[1]	May 15, 2019	[5]
Total Mental Healthcare Services [Member]
Non-control/Non-affiliate investments - 228.1% (b)
Fair Value		$ 8,418,750
Cost		$ 8,419,746
% of Net Assets		2.50%
Total Mental Healthcare Services [Member] | ARC Health OpCo LLC [Member]
Non-control/Non-affiliate investments - 228.1% (b)
Fair Value		$ 6,418,750
Cost		$ 6,419,746
% of Net Assets		1.90%
Principal/ Number of Shares		$ 6,500,000
Original Acquisition Date		Aug. 05, 2022
Total Mental Healthcare Services [Member] | ARC Health OpCo LLC [Member]
Non-control/Non-affiliate investments - 228.1% (b)
Fair Value
Cost
% of Net Assets		0%
Principal/ Number of Shares
Original Acquisition Date		Aug. 05, 2022
Total Mental Healthcare Services [Member] | ARC Health OpCo LLC [Member]
Non-control/Non-affiliate investments - 228.1% (b)
Fair Value		$ 2,000,000
Cost		$ 2,000,000
% of Net Assets		0.60%
Principal/ Number of Shares		$ 1,851,852
Original Acquisition Date		Aug. 05, 2022
Total Mentoring Software [Member]
Non-control/Non-affiliate investments - 228.1% (b)
Fair Value	[3],[4]	$ 20,937,063	[1]	$ 18,321,125	[5]
Cost	[4]	$ 20,846,222	[1]	$ 17,861,338	[5]
% of Net Assets	[1],[4]	6.20%		5.20%	[5]
Total Mentoring Software [Member] | Chronus LLC [Member]
Non-control/Non-affiliate investments - 228.1% (b)
Fair Value	[3],[4]	$ 14,617,500	[1]	$ 14,938,500	[5]
Cost	[4]	$ 14,875,946	[1]	$ 14,861,338	[5]
% of Net Assets	[1],[4]	4.30%		4.20%	[5]
Principal/ Number of Shares	[4]	$ 15,000,000	[1]	$ 15,000,000	[5]
Original Acquisition Date	[4]	Aug. 26, 2021	[1]	Aug. 26, 2021	[5]
Total Mentoring Software [Member] | Chronus LLC One [Member]
Non-control/Non-affiliate investments - 228.1% (b)
Fair Value	[3],[4]	$ 3,396,063	[1],[2]	$ 3,382,625	[5],[6]
Cost	[4]	$ 3,000,000	[1],[2]	$ 3,000,000	[5],[6]
% of Net Assets	[1],[4]	1%	[2]	1%	[5],[6]
Principal/ Number of Shares	[4]	$ 3,000	[1],[2]	$ 3,000	[5],[6]
Original Acquisition Date	[4]	Aug. 26, 2021	[1],[2]	Aug. 26, 2021	[5],[6]
Total Payroll Services [Member]
Non-control/Non-affiliate investments - 228.1% (b)
Fair Value	[3],[4]	$ 15,422,500	[1]	$ 17,000,000	[5]
Cost	[4]	$ 15,493,083	[1]	$ 16,990,006	[5]
% of Net Assets	[1],[4]	4.60%		4.70%	[5]
Total Payroll Services [Member] | Omatic Software, LLC [Member]
Non-control/Non-affiliate investments - 228.1% (b)
Fair Value	[1],[3],[4]	$ 9,999,575
Cost	[1],[4]	$ 10,027,320
% of Net Assets	[1],[4]	3%
Principal/ Number of Shares	[1],[4]	$ 10,061,959
Original Acquisition Date	[1],[4]	May 29, 2018
Total Payroll Services [Member] | Total Non-profit Services [Member]
Non-control/Non-affiliate investments - 228.1% (b)
Fair Value	[1],[3],[4]	$ 9,999,575
Cost	[1],[4]	$ 10,027,320
% of Net Assets	[1],[4]	3%
Total Payroll Services [Member] | Total Office Supplies [Member]
Non-control/Non-affiliate investments - 228.1% (b)
Fair Value	[1],[3],[4]	$ 3,628,121
Cost	[1],[4]	$ 3,700,000
% of Net Assets	[1],[4]	1.10%
Total Payroll Services [Member] | Apex Holdings Software Technologies, LLC [Member]
Non-control/Non-affiliate investments - 228.1% (b)
Fair Value	[3],[4]	$ 15,422,500	[1]	$ 17,000,000	[5]
Cost	[4]	$ 15,493,083	[1]	$ 16,990,006	[5]
% of Net Assets	[1],[4]	4.60%		4.70%	[5]
Principal/ Number of Shares	[4]	$ 15,500,000	[1]	$ 17,000,000	[5]
Original Acquisition Date	[4]	Sep. 21, 2016	[1]	Sep. 21, 2016	[5]
Total Office Supplies [Member]
Non-control/Non-affiliate investments - 228.1% (b)
Fair Value	[3],[4],[5]			$ 3,725,807
Cost	[4],[5]			$ 3,700,000
% of Net Assets	[1],[4],[5]			1%
Total Office Supplies [Member] | Emily Street Enterprises, L.L.C. [Member]
Non-control/Non-affiliate investments - 228.1% (b)
Fair Value	[3],[4]	$ 3,237,960	[1]	$ 3,278,880	[5]
Cost	[4]	$ 3,300,000	[1]	$ 3,300,000	[5]
% of Net Assets	[1],[4]	1%		0.90%	[5]
Principal/ Number of Shares	[4]	$ 3,300,000	[1]	$ 3,300,000	[5]
Original Acquisition Date	[4]	Dec. 28, 2012	[1]	Dec. 28, 2012	[5]
Total Office Supplies [Member] | Emily Street Enterprises, L.L.C. One [Member]
Non-control/Non-affiliate investments - 228.1% (b)
Fair Value	[3],[4]	$ 390,161	[1],[2]	$ 446,927	[5],[6]
Cost	[4]	$ 400,000	[1],[2]	$ 400,000	[5],[6]
% of Net Assets	[1],[4]	0.10%	[2]	0.10%	[5],[6]
Principal/ Number of Shares	[4]	$ 49,318	[1],[2]	$ 49,318	[5],[6]
Original Acquisition Date	[4]	Dec. 28, 2012	[1],[2]	Dec. 28, 2012	[5],[6]
Total Real Estate Services [Member]
Non-control/Non-affiliate investments - 228.1% (b)
Fair Value	[3],[4]	$ 53,104,909	[1]	$ 53,506,014	[5]
Cost	[4]	$ 53,321,776	[1]	$ 53,276,852	[5]
% of Net Assets	[1],[4]	15.80%		14.90%	[5]
Total Real Estate Services [Member] | Buildout, Inc. [Member]
Non-control/Non-affiliate investments - 228.1% (b)
Fair Value	[3],[4]	$ 13,827,800	[1]	$ 13,904,800	[5]
Cost	[4]	$ 13,908,526	[1]	$ 13,897,546	[5]
% of Net Assets	[1],[4]	4.10%		3.90%	[5]
Principal/ Number of Shares	[4]	$ 14,000,000	[1]	$ 14,000,000	[5]
Original Acquisition Date	[4]	Jul. 09, 2020	[1]	Jul. 09, 2020	[5]
Total Real Estate Services [Member] | Buildout, Inc. One [Member]
Non-control/Non-affiliate investments - 228.1% (b)
Fair Value	[3],[4]	$ 38,026,450	[1]	$ 38,238,200	[5]
Cost	[4]	$ 38,207,942	[1]	$ 38,173,998	[5]
% of Net Assets	[1],[4]	11.30%		10.60%	[5]
Principal/ Number of Shares	[4]	$ 38,500,000	[1]	$ 38,500,000	[5]
Original Acquisition Date	[4]	Feb. 12, 2021	[1]	Feb. 12, 2021	[5]
Total Real Estate Services [Member] | Buildout, Inc. Two [Member]
Non-control/Non-affiliate investments - 228.1% (b)
Fair Value	[3],[4],[7]	$ 1,250,659	[2]	$ 1,363,014	[5],[6]
Cost	[4],[7]	$ 1,205,308	[2]	$ 1,205,308	[5],[6]
% of Net Assets	[1],[4],[7]	0.40%	[2]	0.40%	[5],[6]
Principal/ Number of Shares	[4],[7]	$ 1,160	[2]	$ 1,205	[5],[6]
Original Acquisition Date	[4],[7]	Jul. 09, 2020	[2]	Jul. 09, 2020	[5],[6]
Total Research Software [Member]
Non-control/Non-affiliate investments - 228.1% (b)
Fair Value		$ 10,493,440
Cost		$ 10,495,082
% of Net Assets		0%
Total Research Software [Member] | Archimeds Parent LLC [Member]
Non-control/Non-affiliate investments - 228.1% (b)
Fair Value		$ 1,000,000
Cost		$ 1,000,000
% of Net Assets		0.30%
Principal/ Number of Shares		$ 1,000,000
Original Acquisition Date		Jun. 27, 2022
Total Research Software [Member] | Wellspring Worldwide Inc. [Member]
Non-control/Non-affiliate investments - 228.1% (b)
Fair Value		$ 9,493,440
Cost		$ 9,495,082
% of Net Assets		2.80%
Principal/ Number of Shares		$ 9,600,000
Original Acquisition Date		Jun. 27, 2022
Total Restaurant [Member]
Non-control/Non-affiliate investments - 228.1% (b)
Fair Value	[3],[4]	$ 24,808,303	[1]	$ 15,685,525	[5]
Cost	[4]	$ 24,793,673	[1]	$ 15,865,900	[5]
% of Net Assets	[1],[4]	7.30%		4.40%	[5]
Total Restaurant [Member] | LFR Chicken LLC [Member]
Non-control/Non-affiliate investments - 228.1% (b)
Fair Value	[3],[4]	$ 11,854,800	[1]	$ 11,880,000	[5]
Cost	[4]	$ 11,896,714	[1]	$ 11,886,588	[5]
% of Net Assets	[1],[4]	3.50%		3.30%	[5]
Principal/ Number of Shares	[4]	$ 12,000,000	[1]	$ 12,000,000	[5]
Original Acquisition Date	[4]	Nov. 19, 2021	[1]	Nov. 19, 2021	[5]
Total Restaurant [Member] | LFR Chicken LLC One [Member]
Non-control/Non-affiliate investments - 228.1% (b)
Fair Value	[3],[4]	$ 8,891,100	[1],[9]		[5],[10]
Cost	[4]	$ 8,917,647	[1],[9]		[5],[10]
% of Net Assets	[1],[4]	2.60%	[9]	0%	[5],[10]
Principal/ Number of Shares	[4]	$ 9,000,000	[1],[9]		[5],[10]
Original Acquisition Date	[4]	Nov. 19, 2021	[1],[9]	Nov. 19, 2021	[5],[10]
Total Restaurant [Member] | LFR Chicken LLC Two [Member]
Non-control/Non-affiliate investments - 228.1% (b)
Fair Value	[3],[4]	$ 1,293,887	[1],[2]	$ 999,984	[5],[6]
Cost	[4]	$ 1,000,000	[1],[2]	$ 1,000,000	[5],[6]
% of Net Assets	[1],[4]	0.40%	[2]	0.30%	[5],[6]
Principal/ Number of Shares	[4]	$ 497,183	[1],[2]	$ 497,183	[5],[6]
Original Acquisition Date	[4]	Nov. 19, 2021	[1],[2]	Nov. 19, 2021	[5],[6]
Total Restaurant [Member] | TMAC Acquisition Co., LLC [Member]
Non-control/Non-affiliate investments - 228.1% (b)
Fair Value	[3],[4]	$ 2,768,516	[1]	$ 2,805,541	[5]
Cost	[4]	$ 2,979,312	[1]	$ 2,979,312	[5]
% of Net Assets	[1],[4]	0.80%		0.80%	[5]
Principal/ Number of Shares	[4]	$ 2,979,312	[1]	$ 2,979,312	[5]
Original Acquisition Date	[4]	Mar. 01, 2018	[1]	Mar. 01, 2018	[5]
Total Specialty Food Retailer [Member]
Non-control/Non-affiliate investments - 228.1% (b)
Fair Value	[4]	$ 26,991,954	[1],[3]	$ 34,013,106	[5]
Cost	[4]	$ 34,382,690	[1]	$ 34,531,592	[5]
% of Net Assets	[4]	8%	[1]	9.30%	[3],[5]
Total Specialty Food Retailer [Member] | Pepper Palace, Inc [Member]
Non-control/Non-affiliate investments - 228.1% (b)
Fair Value	[4],[11]	$ 26,991,954	[1],[3]	$ 33,261,656	[5]
Cost	[4],[11]	$ 33,382,690	[1]	$ 33,531,592	[5]
% of Net Assets	[4],[11]	8%	[1]	9.20%	[5]
Principal/ Number of Shares	[4],[11]	$ 33,660,000	[1]	$ 33,830,000	[5]
Original Acquisition Date	[1],[4],[11]	Jun. 30, 2021
Total Specialty Food Retailer [Member] | Pepper Palace, Inc. One [Member]
Non-control/Non-affiliate investments - 228.1% (b)
Fair Value	[4]		[1],[3],[9]	(33,600)	[5],[10]
Cost	[4]		[1],[9]		[5],[10]
% of Net Assets	[4]	0%	[1],[9]	0%	[5],[10]
Principal/ Number of Shares	[4]		[1],[9]		[5],[10]
Original Acquisition Date	[1],[4],[9]	Jun. 30, 2021
Total Specialty Food Retailer [Member] | Pepper Palace, Inc. Two [Member]
Non-control/Non-affiliate investments - 228.1% (b)
Fair Value	[4]		[1],[3],[9]	(42,000)	[5],[10]
Cost	[4]		[1],[9]		[5],[10]
% of Net Assets	[4]	0%	[1],[9]	0%	[5],[10]
Principal/ Number of Shares	[4]		[1],[9]		[5],[10]
Original Acquisition Date	[1],[4],[9]	Jun. 30, 2021
Total Specialty Food Retailer [Member] | Pepper Palace, Inc. Three [Member]
Non-control/Non-affiliate investments - 228.1% (b)
Fair Value	[4]		[1],[2],[3]	827,050	[5],[6]
Cost	[4]	$ 1,000,000	[1],[2]	$ 1,000,000	[5],[6]
% of Net Assets	[4]	0%	[1],[2]	0.10%	[5],[6]
Principal/ Number of Shares	[4]	$ 1,000,000	[1],[2]	$ 1,000,000	[5],[6]
Original Acquisition Date	[1],[2],[4]	Jun. 30, 2021
Total Sports Management [Member]
Non-control/Non-affiliate investments - 228.1% (b)
Fair Value	[4]	$ 26,549,100	[1],[3]	26,654,399	[5]
Cost	[4]	$ 26,872,154	[1]	$ 26,846,088	[5]
% of Net Assets	[4]	7.90%	[1]	7.40%	[3],[5]
Total Sports Management [Member] | ArbiterSports, LLC [Member]
Non-control/Non-affiliate investments - 228.1% (b)
Fair Value	[4],[11]	$ 25,565,800	[1],[3]	$ 25,667,199	[5]
Cost	[4],[11]	$ 25,872,154	[1]	$ 25,846,091	[5]
% of Net Assets	[4],[11]	7.60%	[1]	7.10%	[5]
Principal/ Number of Shares	[4],[11]	$ 26,000,000	[1]	$ 26,000,000	[5]
Original Acquisition Date	[1],[4],[11]	Feb. 21, 2020
Total Sports Management [Member] | ArbiterSports, LLC One [Member]
Non-control/Non-affiliate investments - 228.1% (b)
Fair Value	[4],[11]	$ 983,300	[1],[3]	987,200	[5]
Cost	[4],[11]	$ 1,000,000	[1]	$ 999,997	[5]
% of Net Assets	[4],[11]	0.30%	[1]	0.30%	[5]
Principal/ Number of Shares	[4],[11]	$ 1,000,000	[1]	$ 1,000,000	[5]
Original Acquisition Date	[1],[4],[11]	Feb. 21, 2020
Total Staffing Services [Member]
Non-control/Non-affiliate investments - 228.1% (b)
Fair Value	[4]	$ 2,061,008	[1],[3]	1,912,328	[5]
Cost	[4]	$ 100,000	[1]	$ 100,000	[5]
% of Net Assets	[4]	0.60%	[1]	0.50%	[3],[5]
Total Staffing Services [Member] | Avionte Holdings, LLC [Member]
Non-control/Non-affiliate investments - 228.1% (b)
Fair Value	[4]	$ 2,061,008	[1],[2],[3]	$ 1,912,328	[5],[6]
Cost	[4]	$ 100,000	[1],[2]	$ 100,000	[5],[6]
% of Net Assets	[4]	0.60%	[1],[2]	0.50%	[5],[6]
Principal/ Number of Shares	[4]	$ 100,000	[1],[2]	$ 100,000	[5],[6]
Original Acquisition Date	[1],[2],[4]	Jan. 08, 2014
Total Talent Acquisition Software [Member]
Non-control/Non-affiliate investments - 228.1% (b)
Fair Value	[4]	$ 25,940,000	[1],[3]	19,652,000	[5]
Cost	[4]	$ 25,793,762	[1]	$ 19,841,684	[5]
% of Net Assets	[4]	5.90%	[1]	5.50%	[3],[5]
Total Talent Acquisition Software [Member] | JDXpert [Member]
Non-control/Non-affiliate investments - 228.1% (b)
Fair Value	[1],[3],[4]	$ 5,940,000
Cost	[1],[4]	5,941,228
Principal/ Number of Shares	[1],[4]	$ 6,000,000
Original Acquisition Date	[1],[4]	May 02, 2022
Total Talent Acquisition Software [Member] | JDXpert One [Member]
Non-control/Non-affiliate investments - 228.1% (b)
Fair Value	[1],[3],[4],[9]
Cost	[1],[4],[9]
Principal/ Number of Shares	[1],[4],[9]
Original Acquisition Date	[1],[4],[9]	May 02, 2022
Total Talent Acquisition Software [Member] | Jobvite, Inc. [Member]
Non-control/Non-affiliate investments - 228.1% (b)
Fair Value	[4],[11]	$ 20,000,000	[1],[3]	$ 19,652,000	[5]
Cost	[4],[11]	$ 19,852,534	[1]	$ 19,841,684	[5]
% of Net Assets	[4],[11]	5.90%	[1]	5.50%	[5]
Principal/ Number of Shares	[4],[11]	$ 20,000,000	[1]	$ 20,000,000	[5]
Original Acquisition Date	[1],[4],[11]	Aug. 05, 2022
Total Waste Services [Member]
Non-control/Non-affiliate investments - 228.1% (b)
Fair Value	[1],[3],[4]	$ 9,000,000
Cost	[1],[4]	$ 9,000,000
% of Net Assets	[1],[4]	2.70%
Total Waste Services [Member] | National Waste Partners [Member]
Non-control/Non-affiliate investments - 228.1% (b)
Fair Value	[4],[11]	$ 9,000,000	[1],[3]	9,000,000	[5]
Cost	[4],[11]	$ 9,000,000	[1]	$ 9,000,000	[5]
% of Net Assets	[4],[11]	2.70%	[1]	2.50%	[3],[5]
Principal/ Number of Shares	[4],[11]	$ 9,000,000	[1]	$ 9,000,000	[5]
Original Acquisition Date	[1],[4],[11]	Feb. 13, 2017
Sub Total Non-control/Non-affiliate investments [Member]
Non-control/Non-affiliate investments - 228.1% (b)
Fair Value		$ 775,408,041		668,358,516	[3],[4],[5]
Cost		$ 776,527,328		$ 654,965,044	[4],[5]
% of Net Assets	[1]	228.10%		187.40%	[4],[5]
Total Consumer Services [Member]
Non-control/Non-affiliate investments - 228.1% (b)
Fair Value	[4]	$ 58,656,840	[1],[3]	$ 38,234,178	[5]
Cost	[4]	$ 55,022,662	[1]	$ 36,773,891	[5]
% of Net Assets	[4]	17.40%	[1]	10.80%	[3],[5]
Total Consumer Services [Member] | Artemis Wax Corp.[Member]
Non-control/Non-affiliate investments - 228.1% (b)
Fair Value	[1],[3],[4],[11],[17]	$ 29,925,000
Cost	[1],[4],[11],[17]	$ 29,748,215
% of Net Assets	[1],[4],[11],[17]	8.90%
Principal/ Number of Shares	[1],[4],[11],[17]	$ 30,000,000
Original Acquisition Date	[1],[4],[11],[17]	May 20, 2021
Total Consumer Services [Member] | Artemis Wax Corp. One [Member]
Non-control/Non-affiliate investments - 228.1% (b)
Fair Value	[4]	$ 17,955,000	[1],[3],[9],[17]	$ 2,687,573	[5],[6],[18]
Cost	[4]	$ 17,822,955	[1],[9],[17]	$ 1,500,000	[5],[6],[18]
% of Net Assets	[4]	5.30%	[1],[9],[17]	0.80%	[5],[6],[18]
Principal/ Number of Shares	[4]	$ 18,000,000	[1],[9],[17]	$ 934,463	[5],[6],[18]
Original Acquisition Date	[1],[4],[9],[17]	May 19, 2022
Total Consumer Services [Member] | Artemis Wax Corp. Two [Member]
Non-control/Non-affiliate investments - 228.1% (b)
Fair Value	[4]	$ 4,825,352	[1],[2],[3],[17]	5,546,605	[5],[6],[18]
Cost	[4]	$ 1,500,000	[1],[2],[17]	$ 5,546,609	[5],[6],[18]
% of Net Assets	[4]	1.40%	[1],[2],[17]	1.60%	[5],[6],[18]
Principal/ Number of Shares	[4]	$ 934,463	[1],[2],[17]	$ 5,547	[5],[6],[18]
Original Acquisition Date	[1],[2],[4],[17]	May 20, 2021
Total Consumer Services [Member] | Artemis Wax Corp. Three [Member]
Non-control/Non-affiliate investments - 228.1% (b)
Fair Value	[4]	$ 5,951,488	[1],[2],[3],[17]	30,000,000	[5],[10],[18]
Cost	[4]	$ 5,951,492	[1],[2],[17]	$ 29,727,282	[5],[10],[18]
% of Net Assets	[4]	1.80%	[1],[2],[17]	8.40%	[5],[10],[18]
Principal/ Number of Shares	[4]	$ 5,951	[1],[2],[17]	$ 30,000,000	[5],[10],[18]
Original Acquisition Date	[1],[2],[4],[17]	May 20, 2021
Total Corporate Education Software [Member]
Non-control/Non-affiliate investments - 228.1% (b)
Fair Value		$ 14,880,000
Cost		$ 14,880,263
% of Net Assets		4.50%
Total Corporate Education Software [Member] | ETU Holdings, Inc. [Member]
Non-control/Non-affiliate investments - 228.1% (b)
Fair Value		$ 6,930,000
Cost		$ 6,930,251
% of Net Assets		2.10%
Principal/ Number of Shares		$ 7,000,000
Original Acquisition Date		Aug. 18, 2022
Total Corporate Education Software [Member] | ETU Holdings, Inc. [Member]
Non-control/Non-affiliate investments - 228.1% (b)
Fair Value		$ 4,950,000
Cost		$ 4,950,012
% of Net Assets		1.50%
Principal/ Number of Shares		$ 5,000,000
Original Acquisition Date		Aug. 18, 2022
Total Corporate Education Software [Member] | ETU Holdings, Inc. [Member]
Non-control/Non-affiliate investments - 228.1% (b)
Fair Value		$ 3,000,000
Cost		$ 3,000,000
% of Net Assets		0.90%
Principal/ Number of Shares		$ 3,000,000
Original Acquisition Date		Aug. 18, 2022
Total Employee Collaboration Software [Member]
Non-control/Non-affiliate investments - 228.1% (b)
Fair Value	[4]	$ 12,086,364	[1],[3]	9,999,946	[5]
Cost	[4]	$ 10,543,042	[1]	$ 9,451,036	[5]
% of Net Assets	[4]	3.50%	[1]	2.70%	[3],[5]
Total Employee Collaboration Software [Member] | Axero Holdings, LLC [Member]
Non-control/Non-affiliate investments - 228.1% (b)
Fair Value	[4]	$ 5,508,800	[1],[3],[17]	$ 5,482,950	[5],[18]
Cost	[4]	$ 5,453,695	[1],[17]	$ 5,451,036	[5],[18]
% of Net Assets	[4]	1.60%	[1],[17]	1.50%	[5],[18]
Principal/ Number of Shares	[4]	$ 5,500,000	[1],[17]	$ 5,500,000	[5],[18]
Original Acquisition Date	[1],[4],[17]	Jun. 30, 2021
Total Employee Collaboration Software [Member] | Axero Holdings, LLC One [Member]
Non-control/Non-affiliate investments - 228.1% (b)
Fair Value	[4]	$ 1,101,760	[1],[3],[9],[17]		[5],[10],[18]
Cost	[4]	$ 1,089,347	[1],[9],[17]		[5],[10],[18]
% of Net Assets	[4]	0.30%	[1],[9],[17]	0%	[5],[10],[18]
Principal/ Number of Shares	[4]	$ 1,100,000	[1],[9],[17]		[5],[10],[18]
Original Acquisition Date	[1],[4],[9],[17]	Jun. 30, 2021
Total Employee Collaboration Software [Member] | Axero Holdings, LLC Two [Member]
Non-control/Non-affiliate investments - 228.1% (b)
Fair Value	[4]		[1],[3],[9],[17]		[5],[10],[18]
Cost	[4]		[1],[9],[17]		[5],[10],[18]
% of Net Assets	[4]	0%	[1],[9],[17]	0%	[5],[10],[18]
Principal/ Number of Shares	[4]		[1],[9],[17]		[5],[10],[18]
Original Acquisition Date	[1],[4],[9],[17]	Feb. 03, 2022
Total Employee Collaboration Software [Member] | Axero Holdings, LLC Three [Member]
Non-control/Non-affiliate investments - 228.1% (b)
Fair Value	[4]	$ 2,350,000	[1],[2],[3],[17]	2,198,000	[5],[6],[18]
Cost	[4]	$ 2,000,000	[1],[2],[17]	$ 2,000,000	[5],[6],[18]
% of Net Assets	[4]	0.70%	[1],[2],[17]	0.50%	[5],[6],[18]
Principal/ Number of Shares	[4]	$ 2,000,000	[1],[2],[17]	$ 2,000,000	[5],[6],[18]
Original Acquisition Date	[1],[2],[4],[17]	Jun. 30, 2021
Total Employee Collaboration Software [Member] | Axero Holdings, LLC Four [Member]
Non-control/Non-affiliate investments - 228.1% (b)
Fair Value	[4]	$ 3,125,804	[1],[2],[3],[17]	2,318,996	[5],[6],[18]
Cost	[4]	$ 2,000,000	[1],[2],[17]	$ 2,000,000	[5],[6],[18]
% of Net Assets	[4]	0.90%	[1],[2],[17]	0.70%	[5],[6],[18]
Principal/ Number of Shares	[4]	$ 2,000,000	[1],[2],[17]	$ 2,000,000	[5],[6],[18]
Original Acquisition Date	[1],[2],[4],[17]	Jun. 30, 2021
Sub Total Affiliate investments [Member]
Non-control/Non-affiliate investments - 228.1% (b)
Fair Value	[4]	$ 85,623,204		48,234,124	[3],[5]
Cost	[4]	$ 80,445,967		$ 46,224,927	[5]
% of Net Assets	[1],[4]	20.90%		13.50%	[5]
Total­ I­T ­Services One ­[Member]
Non-control/Non-affiliate investments - 228.1% (b)
Fair Value	[4]	$ 40,505,946	[1],[3]	$ 37,803,746	[5]
Cost	[4]	$ 31,330,015	[1]	$ 27,160,231	[5]
% of Net Assets	[4]	12%	[1]	10.50%	[3],[5]
Total­ I­T ­Services One ­[Member] | Netreo Holdings, LLC Two [Member]
Non-control/Non-affiliate investments - 228.1% (b)
Fair Value	[4]	$ 17,661,450	[1],[2],[3],[15]	$ 18,975,523	[5],[6],[16]
Cost	[4]	$ 8,344,500	[1],[2],[15]	$ 8,344,500	[5],[6],[16]
% of Net Assets	[4]	5.20%	[1],[2],[15]	5.30%	[5],[6],[16]
Principal/ Number of Shares	[4]	$ 4,600,677	[1],[2],[15]	$ 4,600,677	[5],[6],[16]
Original Acquisition Date	[1],[2],[4],[15]	Jul. 03, 2018
Total Structured Finance Securities [Member]
Non-control/Non-affiliate investments - 228.1% (b)
Fair Value	[4]	$ 32,327,329	[1],[3]	38,029,905	[5]
Cost	[4]	$ 39,488,859	[1]	$ 41,648,125	[5]
% of Net Assets	[4]	9.50%	[1]	10.70%	[3],[5]
Total Structured Finance Securities [Member] | Saratoga Investment Corp. CLO 2013-1, Ltd. [Member]
Non-control/Non-affiliate investments - 228.1% (b)
Fair Value	[4]	$ 23,397,375	[1],[3],[12],[15],[19]	$ 28,654,905	[5],[13],[16],[20]
Cost	[4]	$ 30,113,859	[1],[12],[15],[19]	$ 32,273,125	[5],[13],[16],[20]
% of Net Assets	[4]	6.90%	[1],[12],[15],[19]	8.10%	[5],[13],[16],[20]
Principal/ Number of Shares	[4]	$ 111,000,000	[1],[12],[15],[19]	$ 111,000,000	[5],[13],[16],[20]
Original Acquisition Date	[1],[4],[12],[15],[19]	Jan. 22, 2008
Total Structured Finance Securities [Member] | Saratoga Investment Corp. CLO 2013-1, Ltd. Class F-2-R-3 Note [Member]
Non-control/Non-affiliate investments - 228.1% (b)
Fair Value	[4]	$ 8,929,954	[1],[3],[12],[15]	9,375,000	[5],[13],[16]
Cost	[4]	$ 9,375,000	[1],[12],[15]	$ 9,375,000	[5],[13],[16]
% of Net Assets	[4]	2.60%	[1],[12],[15]	2.60%	[5],[13],[16]
Principal/ Number of Shares	[4]	$ 9,375,000	[1],[12],[15]	$ 9,375,000	[5],[13],[16]
Original Acquisition Date	[1],[4],[12],[15]	Aug. 09, 2021
Total Investment Fund [Member]
Non-control/Non-affiliate investments - 228.1% (b)
Fair Value	[1],[3],[4]	$ 20,799,148
Cost	[1],[4]	$ 28,144,376
% of Net Assets	[1],[4]	6.20%
Total Investment Fund [Member] | Saratoga Senior Loan Fund I JV, LLC [Member]
Non-control/Non-affiliate investments - 228.1% (b)
Fair Value	[1],[3],[4],[9],[12],[15]	$ 14,072,188
Cost	[1],[4],[9],[12],[15]	$ 14,072,188
% of Net Assets	[1],[4],[9],[12],[15]	4.20%
Principal/ Number of Shares	[1],[4],[9],[12],[15]	$ 14,072,188
Original Acquisition Date	[1],[4],[9],[12],[15]	Feb. 17, 2022
Total Investment Fund [Member] | Saratoga Senior Loan Fund I JV, LLC [Member]
Non-control/Non-affiliate investments - 228.1% (b)
Fair Value	[1],[3],[4],[12],[15]	$ 6,726,960
Cost	[1],[4],[12],[15]	$ 14,072,188
% of Net Assets	[1],[4],[12],[15]	2%
Principal/ Number of Shares	[1],[4],[12],[15]	$ 14,072,188
Original Acquisition Date	[1],[4],[12],[15]	Feb. 17, 2022
Sub Total Control investments [Member]
Non-control/Non-affiliate investments - 228.1% (b)
Fair Value	[3],[4]	$ 93,632,423	[1]	100,974,715	[5]
Cost	[4]	$ 98,963,250	[1]	$ 95,058,356	[5]
% of Net Assets	[1],[4]	27.70%		28.30%	[5]
Total Investments [Member]
Non-control/Non-affiliate investments - 228.1% (b)
Fair Value	[3],[4]	$ 954,663,668	[1]	$ 817,567,355	[5]
Cost	[4]	$ 955,936,545	[1]	$ 796,248,327	[5]
% of Net Assets	[1],[4]	276.70%		229.20%	[5]
Total Dental Practice Management Software [Member]
Non-control/Non-affiliate investments - 228.1% (b)
Fair Value	[3],[4],[5]			$ 35,038,340
Cost	[4],[5]			$ 29,943,852
% of Net Assets	[1],[4],[5]			9.90%
Total Dental Practice Management Software [Member] | PDDS Buyer, LLC [Member]
Non-control/Non-affiliate investments - 228.1% (b)
Fair Value	[3],[4],[5],[11]			$ 27,938,400
Cost	[4],[5],[11]			$ 27,943,852
% of Net Assets	[1],[4],[5],[11]			7.90%
Principal/ Number of Shares	[4],[5],[11]			$ 28,000,000
Original Acquisition Date	[4],[5],[11]			Jul. 15, 2019
Total Dental Practice Management Software [Member] | PDDS Buyer, LLC One [Member]
Non-control/Non-affiliate investments - 228.1% (b)
Fair Value	[3],[4],[5],[6]			$ 7,099,940
Cost	[4],[5],[6]			$ 2,000,000
% of Net Assets	[1],[4],[5],[6]			2%
Principal/ Number of Shares	[4],[5],[6]			$ 1,755,831
Original Acquisition Date	[4],[5],[6]			Aug. 10, 2020
Total Non-profit Services [Member]
Non-control/Non-affiliate investments - 228.1% (b)
Fair Value	[3],[4],[5]			$ 10,038,714
Cost	[4],[5]			$ 9,955,082
% of Net Assets	[1],[4],[5]			2.80%
Total Non-profit Services [Member] | Omatic Software, LLC [Member]
Non-control/Non-affiliate investments - 228.1% (b)
Fair Value	[3],[4],[5]			$ 10,038,714
Cost	[4],[5]			$ 9,955,082
% of Net Assets	[1],[4],[5]			2.80%
Principal/ Number of Shares	[4],[5]			$ 10,010,685
Original Acquisition Date	[4],[5]			May 29, 2018
Total Investment Fund [Member]
Non-control/Non-affiliate investments - 228.1% (b)
Fair Value	[4],[5]			$ 25,141,064
Cost	[4],[5]			$ 26,250,000
% of Net Assets	[3],[4],[5]			7.10%
Total Investment Fund [Member] | Saratoga Senior Loan Fund I JV, LLC [Member]
Non-control/Non-affiliate investments - 228.1% (b)
Fair Value	[4],[5],[10],[13],[16]			$ 13,125,000
Cost	[4],[5],[10],[13],[16]			$ 13,125,000
% of Net Assets	[4],[5],[10],[13],[16]			3.70%
Principal/ Number of Shares	[4],[5],[10],[13],[16]			$ 13,125,000
Total Investment Fund [Member] | Saratoga Senior Loan Fund I JV, LLC [Member]
Non-control/Non-affiliate investments - 228.1% (b)
Fair Value	[4],[5],[10],[13],[16]			12,016,064
Cost	[4],[5],[10],[13],[16]			$ 13,125,000
% of Net Assets	[4],[5],[10],[13],[16]			3.40%
Principal/ Number of Shares	[4],[5],[10],[13],[16]			$ 13,125,000
[1]Percentages are based on net assets of $345,235,811 as of May 31, 2022.[2]Non-income producing at May 31, 2022.[3]Because there is no readily available market value for these investments, the fair values of these investments were determined using significant unobservable inputs and approved in good faith by our board of directors. These investments have been included as Level 3 in the Fair Value Hierarchy (see Note 3 to the consolidated financial statements).[4]Securities are exempt from registration under Rule 144A of the Securities Act of 1933, as amended, and are restricted securities.[5]Percentages are based on net assets of $355,780,523 as of February 28, 2022.[6]Non-income producing at February 28, 2022.[7]Includes securities issued by an affiliate of the company.[8]Included within cash and cash equivalents and cash and cash equivalents, reserve accounts in the Company’s consolidated statements of assets and liabilities as of May 31, 2022.[9]All or a portion of this investment has an unfunded commitment as of May 31, 2022. (See Note 9 to the consolidated financial statements).[10]All or a portion of this investment has an unfunded commitment as of February 28, 2022. (See Note 9 to the consolidated financial statements).[11]These securities are either fully or partially pledged as collateral under a senior secured revolving credit facility (see Note 8 to the consolidated financial statements).[12]Represents an investment that is not a “qualifying asset” under Section 55(a) of the Investment Company Act of 1940, as amended (the 1940 Act”). As of May 31, 2022, non-qualifying assets represent 5.8% of the Company’s portfolio at fair value. As a BDC, the Company generally has to invest at least 70% of its total assets in qualifying assets.[13]Represents an investment that is not a “qualifying asset” under Section 55(a) of the Investment Company Act of 1940, as amended (the 1940 Act”). As of February 28, 2022, non-qualifying assets represent 6.7% of the Company’s portfolio at fair value. As a BDC, the Company generally has to invest at least 70% of its total assets in qualifying assets.[14]As of May 31, 2022, there were no investments on non-accrual status. (See Note 2 to the consolidated financial statements).[15]As defined in the 1940 Act, we “control” this portfolio company because we own more than 25% of the portfolio company’s outstanding voting securities. Transactions during the quarter ended May 31, 2022 in which the issuer was both an affiliate and a portfolio company that we control are as follows:[16]As defined in the 1940 Act, we “control” this portfolio company because we own more than 25% of the portfolio company’s outstanding voting securities. Transactions during the year ended February 28, 2022 in which the issuer was both an affiliate and a portfolio company that we control are as follows:[17]As defined in the 1940 Act, this portfolio company is an “affiliate” as we own between 5.0% and 25.0% of the outstanding voting securities. Transactions during the quarter ended May 31, 2022 in which the issuer was an affiliate are as follows:[18]As defined in the 1940 Act, this portfolio company is an “affiliate” as we own between 5.0% and 25.0% of the outstanding voting securities. GreyHeller, LLC is no longer an affiliate as of February 28, 2022. Transactions during the year ended February 28, 2022 in which the issuer was an affiliate are as follows:[19]This investment does not have a stated interest rate that is payable thereon. As a result, the 5.15% interest rate in the table above represents the effective interest rate currently earned on the investment cost and is based on the current cash interest and other income generated by the investment.[20]This investment does not have a stated interest rate that is payable thereon. As a result, the 9.27% interest rate in the table above represents the effective interest rate currently earned on the investment cost and is based on the current cash interest and other income generated by the investment.

Consolidated Schedule of Inve_2

Consolidated Schedule of Investments (Unaudited) (Parentheticals) - Saratoga CLO [Member]	Aug. 31, 2022	Feb. 28, 2022
Chronus LLC [Member]
Investment variable rate	6%
Investment interest rate	9.08%
Investment maturity date	Aug. 26, 2026
Total Alternative Investment Management Software [Member] | Altvia MidCo, LLC [Member]
Investment variable rate	8.50%
Investment interest rate	10.28%
Investment maturity date	Jul. 18, 2027
Total Dental Practice Management [Member] | New England Dental Partners [Member]
Investment variable rate	8%	8%
Investment interest rate	11.08%	8.50%
Investment maturity date	Nov. 25, 2025	Nov. 25, 2025
Total Dental Practice Management [Member] | New England Dental Partners One [Member]
Investment variable rate	8%	8%
Investment interest rate	11.08%	8.50%
Investment maturity date	Nov. 25, 2025	Nov. 25, 2025
Total Direct Selling Software [Member] | Exigo, LLC [Member]
Investment variable rate	5.75%
Investment interest rate	8.31%
Investment maturity date	Mar. 16, 2027
Total Direct Selling Software [Member] | Exigo, LLC One [Member]
Investment variable rate	5.75%
Investment interest rate	8.31%
Investment maturity date	Mar. 16, 2027
Total Direct Selling Software [Member] | Exigo, LLC Two [Member]
Investment variable rate	5.75%
Investment interest rate	8.31%
Investment maturity date	Mar. 16, 2027
Total Education Services [Member] | C2 Educational Systems [Member]
Investment variable rate	8.50%	8.50%
Investment interest rate	11.58%	10%
Investment maturity date	May 31, 2023	May 31, 2023
Total Education Services [Member] | Zollege PBC [Member]
Investment variable rate	5.50%	5.50%
Investment interest rate	8.58%	6.50%
Investment maturity date	May 11, 2026	May 11, 2026
Total Education Services [Member] | Zollege PBC One [Member]
Investment variable rate	5.50%	5.50%
Investment interest rate	8.58%	6.50%
Investment maturity date	May 11, 2026	May 11, 2026
Total Education Software [Member] | GoReact [Member]
Investment variable rate	7.50%	7.50%
Investment interest rate	10.58%	9.50%
Investment maturity date	Jan. 17, 2025	Jan. 17, 2025
Total Education Software [Member] | GoReact One [Member]
Investment variable rate	7.50%	7.50%
Investment interest rate	10.58%	9.50%
Investment maturity date	Jan. 17, 2025	Jan. 17, 2025
Total Education Software [Member] | Identity Automation Systems [Member]
Investment variable rate	9.24%	9.24%
Investment interest rate	12.32%	10.99%
Investment maturity date	May 08, 2024	May 08, 2024
Total Education Software [Member] | Ready Education [Member]
Investment variable rate	6%
Investment interest rate	8%
Investment maturity date	Aug. 05, 2027
Total Field Service Management [Member] | Davisware, LLC [Member]
Investment variable rate	7%	7%
Investment interest rate	10.08%	9%
Investment maturity date	Jul. 31, 2024	Jul. 31, 2024
Total Field Service Management [Member] | Davisware, LLC One [Member]
Investment variable rate	7%	7%
Investment interest rate	10.08%	9%
Investment maturity date	Jul. 31, 2024	Jul. 31, 2024
Total Financial Services [Member] | GDS Software Holdings, LLC [Member]
Investment variable rate	7%	7%
Investment interest rate	10.08%	8%
Investment maturity date	Dec. 30, 2026	Dec. 30, 2026
Total Financial Services [Member] | GDS Software Holdings, LLC One [Member]
Investment variable rate	7%	7%
Investment interest rate	10.08%	8%
Investment maturity date	Dec. 30, 2026	Dec. 30, 2026
Total Financial Services Software [Member] | Ascend Software, LLC [Member]
Investment variable rate	7.50%	7.50%
Investment interest rate	10.58%	8.50%
Investment maturity date	Dec. 15, 2026	Dec. 15, 2026
Total Financial Services Software [Member] | Ascend Software, LLC [Member]
Investment variable rate	7.50%	7.50%
Investment interest rate	10.58%	8.50%
Investment maturity date	Dec. 15, 2026	Dec. 15, 2026
Total Healthcare Services [Member] | ComForCare Health Care [Member]
Investment variable rate	6.25%	7.25%
Investment interest rate	9.33%	8.25%
Investment maturity date	Jan. 31, 2025	Jan. 31, 2025
Total Healthcare Services [Member] | Axiom Purchaser, Inc. [Member]
Investment variable rate		6%
Investment interest rate		7.75%
Investment maturity date		Jun. 19, 2023
Total Healthcare Services [Member] | Axiom Purchaser, Inc. One [Member]
Investment variable rate		6%
Investment interest rate		7.75%
Investment maturity date		Jun. 19, 2023
Total Healthcare Software [Member] | HemaTerra Holding Company, LLC [Member]
Investment variable rate	8.25%	8.25%
Investment interest rate	11.33%	9.25%
Investment maturity date	Jan. 31, 2026	Jan. 31, 2026
Total Healthcare Software [Member] | HemaTerra Holding Company, LLC One [Member]
Investment variable rate	8.25%	8.25%
Investment interest rate	11.33%	9.25%
Investment maturity date	Jan. 31, 2026	Jan. 31, 2026
Total Healthcare Software [Member] | Procurement Partners, LLC [Member]
Investment variable rate	5.50%	5.50%
Investment interest rate	8.58%	6.50%
Investment maturity date	Nov. 12, 2025	Nov. 12, 2025
Total Healthcare Software [Member] | Procurement Partners, LLC One [Member]
Investment variable rate	5.50%	5.50%
Investment interest rate	8.58%	6.50%
Investment maturity date	Nov. 12, 2025	Nov. 12, 2025
Total Hospitality/Hotel [Member] | Book4Time, Inc. [Member]
Investment variable rate	7.50%	8.50%
Investment interest rate	10.58%	10.25%
Investment maturity date	Dec. 22, 2025	Dec. 22, 2025
Total Hospitality/Hotel [Member] | Book4Time, Inc. One [Member]
Investment variable rate	7.50%	8.50%
Investment interest rate	10.58%	10.25%
Investment maturity date	Dec. 22, 2025	Dec. 22, 2025
Total Hospitality/Hotel [Member] | Knowland Group, LLC [Member]
Investment variable rate	8%	8%
Investment interest rate	12.08%	10%
Investment maturity date	May 09, 2024	May 09, 2024
Total Hospitality/Hotel [Member] | Sceptre Hospitality Resources, LLC [Member]
Investment variable rate	8%	8%
Investment interest rate	11.08%	9%
Investment maturity date	Sep. 02, 2026	Sep. 02, 2026
Total Hospitality/Hotel [Member] | Sceptre Hospitality Resources, LLC One [Member]
Investment variable rate	8%	8%
Investment interest rate	11.08%	9%
Investment maturity date	Sep. 02, 2026	Sep. 02, 2026
Total HVAC Services and Sales [Member] | Granite Comfort, LP [Member]
Investment variable rate	7%	8%
Investment interest rate	10.08%	9%
Investment maturity date	Nov. 16, 2025	Nov. 16, 2025
Total HVAC Services and Sales [Member] | Granite Comfort, LP One [Member]
Investment variable rate	7%	8%
Investment interest rate	10.08%	9%
Investment maturity date	Nov. 16, 2025	Nov. 16, 2025
Total Industrial Products [Member] | Vector Controls Holding Co., LLC [Member]
Investment variable rate	6.50%	6.50%
Investment interest rate	9.58%	8%
Investment maturity date	Mar. 06, 2025	Mar. 06, 2025
Total Industrial Products [Member] | Vector Controls Holding Co., LLC One [Member]
Investment maturity date	Nov. 30, 2027	Nov. 30, 2027
Total Insurance Software [Member] | AgencyBloc, LLC [Member]
Investment variable rate	8%	8%
Investment interest rate	9%	9%
Investment maturity date	Oct. 01, 2026	Oct. 01, 2026
Total IT Services [Member] | LogicMonitor, Inc. [Member]
Investment variable rate	5%	5%
Investment interest rate	8.08%	6%
Investment maturity date	May 17, 2023	May 17, 2023
Total IT Services [Member] | Netreo Holdings, LLC [Member]
Investment variable rate	6.50%	8%
Investment interest rate	11.08%	9%
Investment maturity date	Dec. 31, 2025	Dec. 31, 2025
Total IT Services [Member] | Netreo Holdings, LLC One [Member]
Investment variable rate	6.50%	8%
Investment interest rate	11.08%	9%
Investment maturity date	Dec. 31, 2025	Dec. 31, 2025
Total Lead management Software [Member] | ActiveProspect, Inc. [Member]
Investment variable rate	6%
Investment interest rate	9.08%
Investment maturity date	Aug. 08, 2027
Total Lead management Software [Member] | ActiveProspect, Inc. [Member]
Investment variable rate	6%
Investment interest rate	9.08%
Investment maturity date	Aug. 08, 2027
Total Legal Software [Member] | Centerbase, LLC [Member]
Investment variable rate	7.75%	7.50%
Investment interest rate	10.03%	8.50%
Investment maturity date	Jan. 18, 2027	Jan. 18, 2027
Total Marketing Orchestration Software [Member] | Madison Logic, Inc. [Member]
Investment variable rate	5.50%	5.75%
Investment interest rate	8.06%	6.75%
Investment maturity date	Nov. 22, 2026	Nov. 22, 2026
Total Marketing Orchestration Software [Member] | Madison Logic, Inc. One [Member]
Investment variable rate	5.50%	5.75%
Investment interest rate	8.06%	6.75%
Investment maturity date	Nov. 22, 2026	Nov. 22, 2026
Total Marketing Services [Member] | inMotionNow, Inc. [Member]
Investment variable rate	7.50%	7.50%
Investment interest rate	10.58%	10%
Investment maturity date	May 15, 2024	May 15, 2024
Total Marketing Services [Member] | inMotionNow, Inc. One [Member]
Investment variable rate	7.50%	7.50%
Investment interest rate	10.58%	10%
Investment maturity date	May 15, 2024	May 15, 2024
Total Mental Healthcare Services [Member] | ARC Health OpCo LLC [Member]
Investment variable rate	8.50%
Investment interest rate	10.50%
Investment maturity date	Aug. 05, 2027
Total Mental Healthcare Services [Member] | ARC Health OpCo LLC [Member]
Investment variable rate	8.50%
Investment interest rate	10.50%
Investment maturity date	Aug. 05, 2027
Total Mentoring Software [Member] | Chronus LLC [Member]
Investment variable rate	5.25%	5.25%
Investment interest rate	8.33%	6.25%
Investment maturity date	Aug. 26, 2026	Aug. 26, 2026
Total Payroll Services [Member] | Omatic Software, LLC [Member]
Investment variable rate	8%
Investment interest rate	12.08%
Investment maturity date	May 29, 2023
Total Payroll Services [Member] | Apex Holdings Software Technologies, LLC [Member]
Investment variable rate	8%	8%
Investment interest rate	11.08%	9%
Investment maturity date	Sep. 21, 2024	Sep. 21, 2024
Total Office Supplies [Member] | Emily Street Enterprises, L.L.C. [Member]
Investment variable rate	8.50%	8.50%
Investment interest rate	11.58%	10%
Investment maturity date	Dec. 31, 2023	Dec. 31, 2023
Total Office Supplies [Member] | Emily Street Enterprises, L.L.C. One [Member]
Investment maturity date	Dec. 28, 2022	Dec. 28, 2022
Total Real Estate Services [Member] | Buildout, Inc. [Member]
Investment variable rate	7%	7%
Investment interest rate	10.08%	8%
Investment maturity date	Jul. 09, 2025	Jul. 09, 2025
Total Real Estate Services [Member] | Buildout, Inc. One [Member]
Investment variable rate	7%	7%
Investment interest rate	10.08%	8%
Investment maturity date	Jul. 09, 2025	Jul. 09, 2025
Total Research Software [Member] | Wellspring Worldwide Inc. [Member]
Investment variable rate	7.25%
Investment interest rate	8.25%
Investment maturity date	Jun. 27, 2027
Total Restaurant [Member] | LFR Chicken LLC [Member]
Investment variable rate	7%	7%
Investment interest rate	9.56%	8%
Investment maturity date	Nov. 19, 2026	Nov. 19, 2026
Total Restaurant [Member] | LFR Chicken LLC One [Member]
Investment variable rate	7%	7%
Investment interest rate	9.56%	8%
Investment maturity date	Nov. 19, 2026	Nov. 19, 2026
Total Restaurant [Member] | TMAC Acquisition Co., LLC [Member]
Investment variable rate	8%
Investment interest rate		8%
Investment maturity date	Sep. 01, 2023	Sep. 01, 2023
Total Specialty Food Retailer [Member] | Pepper Palace, Inc [Member]
Investment variable rate	6.25%	6.25%
Investment interest rate	9.33%	7.25%
Investment maturity date	Jun. 30, 2026	Jun. 30, 2026
Total Specialty Food Retailer [Member] | Pepper Palace, Inc. One [Member]
Investment variable rate	6.25%	6.25%
Investment interest rate	9.33%	7.25%
Investment maturity date	Jun. 30, 2026	Jun. 30, 2026
Total Specialty Food Retailer [Member] | Pepper Palace, Inc. Two [Member]
Investment variable rate	6.25%	6.25%
Investment interest rate	9.33%	7.25%
Investment maturity date	Jun. 30, 2026	Jun. 30, 2026
Total Sports Management [Member] | ArbiterSports, LLC [Member]
Investment variable rate	6.50%	6.50%
Investment interest rate	9.58%	8.25%
Investment maturity date	Feb. 21, 2025	Feb. 21, 2025
Total Sports Management [Member] | ArbiterSports, LLC One [Member]
Investment variable rate	6.50%	6.50%
Investment interest rate	9.58%	8.25%
Investment maturity date	Feb. 21, 2025	Feb. 21, 2025
Total Talent Acquisition Software [Member] | JDXpert [Member]
Investment variable rate	8.50%
Investment interest rate	11.58%
Investment maturity date	May 02, 2027
Total Talent Acquisition Software [Member] | JDXpert One [Member]
Investment variable rate	8.50%
Investment interest rate	11.58%
Investment maturity date	May 02, 2027
Total Talent Acquisition Software [Member] | Jobvite, Inc. [Member]
Investment variable rate	8%	7.50%
Investment interest rate	9.68%	8.50%
Investment maturity date	Aug. 05, 2028	Jan. 06, 2027
Total Waste Services [Member] | National Waste Partners [Member]
Investment interest rate	10%	10%
Investment maturity date	Nov. 13, 2022	Nov. 13, 2022
Total Consumer Services [Member] | Artemis Wax Corp.[Member]
Investment variable rate	9%
Investment interest rate	11.56%
Investment maturity date	May 20, 2026
Total Consumer Services [Member] | Artemis Wax Corp. One [Member]
Investment variable rate	6.50%
Investment interest rate	9.06%
Investment maturity date	May 20, 2026
Total Consumer Services [Member] | Artemis Wax Corp. [Member]
Investment variable rate		9%
Investment interest rate		11%
Investment maturity date		May 20, 2026
Total Corporate Education Software [Member] | ETU Holdings, Inc. [Member]
Investment variable rate	9%
Investment interest rate	12.08%
Investment maturity date	Aug. 18, 2027
Total Corporate Education Software [Member] | ETU Holdings, Inc. [Member]
Investment interest rate	15%
Investment maturity date	Feb. 18, 2028
Total Employee Collaboration Software [Member] | Axero Holdings, LLC [Member]
Investment variable rate	10%	10%
Investment interest rate	13.08%	11%
Investment maturity date	Jun. 30, 2026	Jun. 30, 2026
Total Employee Collaboration Software [Member] | Axero Holdings, LLC One [Member]
Investment variable rate	10%	10%
Investment interest rate	13.08%	11%
Investment maturity date	Jun. 30, 2026	Jun. 30, 2026
Total Employee Collaboration Software [Member] | Axero Holdings, LLC Two [Member]
Investment variable rate	10%	10%
Investment interest rate	13.08%	11%
Investment maturity date	Jun. 30, 2026	Jun. 30, 2026
Total Structured Finance Securities [Member] | Saratoga Investment Corp. CLO 2013-1, Ltd. [Member]
Investment interest rate	5.50%	9.27%
Investment maturity date	Apr. 20, 2033	Apr. 20, 2033
Total Structured Finance Securities [Member] | Saratoga Investment Corp. CLO 2013-1, Ltd. Class F-1-R-3 Note [Member]
Investment variable rate	10%
Investment interest rate	13.08%
Investment maturity date	Apr. 20, 2033
Total Structured Finance Securities [Member] | Saratoga Investment Corp. CLO 2013-1, Ltd. Class F-2-R-3 Note [Member]
Investment variable rate		10%
Investment interest rate		10.17%
Investment maturity date		Apr. 20, 2033
Total Investment Fund [Member] | Saratoga Senior Loan Fund I JV, LLC [Member]
Investment variable rate	10%
Investment maturity date	Jun. 15, 2023
Total Dental Practice Management Software [Member] | PDDS Buyer, LLC [Member]
Investment variable rate		5.50%
Investment interest rate		6%
Investment maturity date		Jul. 15, 2024
Total Healthcare Supply [Member] | Roscoe Medical, Inc.One [Member]
Investment interest rate		11.25%
Investment maturity date		Mar. 31, 2022
Total Non-profit Services [Member] | Omatic Software, LLC [Member]
Investment variable rate		8%
Investment interest rate		9.75%
Investment maturity date		May 29, 2023
Total Investment Fund [Member] | Saratoga Senior Loan Fund I JV, LLC [Member]
Investment interest rate		10%
Investment maturity date		Jun. 15, 2023

Schedule of cash and cash equiv

Schedule of cash and cash equivalents and cash and cash equivalents - Saratoga CLO [Member] - USD ($)		Aug. 31, 2022		Feb. 28, 2022
Number of Shares (in Shares)	[1]	12,647,391		52,870,342
Cost	[1]	$ 12,647,391		$ 52,870,342
Fair Value	[1]	$ 12,647,391		$ 52,870,342
% of Net Assets	[1]	3.80%		14.90%
U.S. Bank Money Market [Member]
Number of Shares (in Shares)	[1]	12,647,391	[2]	52,870,342	[3]
Cost	[1]	$ 12,647,391	[2]	$ 52,870,342	[3]
Fair Value	[1]	$ 12,647,391	[2]	$ 52,870,342	[3]
% of Net Assets	[1]	3.80%	[2]	14.90%	[3]
[1]Percentages are based on net assets of $337,213,275 as of August 31, 2022.[2]Securities are exempt from registration under Rule 144A of the Securities Act of 1933, as amended, and are restricted securities.[3]Included within cash and cash equivalents and cash and cash equivalents, reserve accounts in the Company’s consolidated statements of assets and liabilities as of February 28, 2022.

Schedule of transactions relate

Schedule of transactions related to affiliates - Saratoga CLO [Member] - USD ($)	6 Months Ended	12 Months Ended
	Aug. 31, 2022	Feb. 28, 2022
Affiliate [Member]
Purchases	$ 33,909,000	$ 54,555,000
Sales		(26,428,457)
Total Interest from Investments	2,401,815	3,308,471
Management Fee Income
Net Realized Gain (Loss) from Investments		7,328,457
Net Change in Unrealized Appreciation (Depreciation)	3,168,040	(26,836)
Affiliate [Member] | Artemis Wax Corp.[Member]
Purchases	17,940,000	36,200,000
Sales
Total Interest from Investments	1,962,230	1,919,100
Management Fee Income
Net Realized Gain (Loss) from Investments
Net Change in Unrealized Appreciation (Depreciation)	2,173,891	1,460,287
Affiliate [Member] | Axero Holdings, LLC [Member]
Purchases	1,089,000	9,445,000
Sales
Total Interest from Investments	377,596	416,092
Management Fee Income
Net Realized Gain (Loss) from Investments
Net Change in Unrealized Appreciation (Depreciation)	994,412	548,910
Affiliate [Member] | ETU Holdins, Inc. [Member]
Purchases	14,880,000
Sales
Total Interest from Investments	61,989
Management Fee Income
Net Realized Gain (Loss) from Investments
Net Change in Unrealized Appreciation (Depreciation)	(263)
Affiliate [Member] | GreyHeller, LLC [Member]
Purchases		8,910,000
Sales		(26,428,457)
Total Interest from Investments		973,278
Management Fee Income
Net Realized Gain (Loss) from Investments		7,328,457
Net Change in Unrealized Appreciation (Depreciation)		(3,102,569)
Affiliate [Member] | Top Gun [Member]
Purchases
Sales
Total Interest from Investments
Management Fee Income
Net Realized Gain (Loss) from Investments
Net Change in Unrealized Appreciation (Depreciation)		1,066,536
Control [Member]
Total Interest from Investments	3,217,237	7,672,863
Management Fee Income	1,632,988	3,262,591
Net Realized Gain (Loss) from Investments		(139,867)
Net Change in Unrealized Appreciation (Depreciation)	(11,247,186)	2,271,639
Purchases	5,854,376	61,199,500
Sales		(26,375,000)
Control [Member] | Netreo Holdings, LLC [Member]
Total Interest from Investments	1,001,323	1,814,735
Management Fee Income
Net Realized Gain (Loss) from Investments
Net Change in Unrealized Appreciation (Depreciation)	(1,467,584)	5,055,909
Purchases	3,960,000	17,074,500
Sales
Control [Member] | Saratoga Investment Corp. CLO 2013-1, Ltd. [Member]
Total Interest from Investments	1,003,544	4,372,958
Management Fee Income	1,632,988	3,262,591
Net Realized Gain (Loss) from Investments
Net Change in Unrealized Appreciation (Depreciation)	(3,098,264)	(1,221,309)
Purchases
Sales
Control [Member] | Saratoga Investment Corp. CLO 2013-1, Ltd. Class F-2-R-3 Note [Member]
Total Interest from Investments	538,003	539,564
Management Fee Income
Net Realized Gain (Loss) from Investments
Net Change in Unrealized Appreciation (Depreciation)	(445,046)
Purchases		9,375,000
Sales
Control [Member] | Saratoga Senior Loan Fund I JV, LLC [Member]
Total Interest from Investments	674,367	126,389
Management Fee Income
Net Realized Gain (Loss) from Investments
Net Change in Unrealized Appreciation (Depreciation)
Purchases	947,188	13,125,000
Sales
Control [Member] | Saratoga Senior Loan Fund I JV, LLC One [Member]
Total Interest from Investments
Management Fee Income
Net Realized Gain (Loss) from Investments
Net Change in Unrealized Appreciation (Depreciation)	(6,236,292)	(1,108,936)
Purchases	947,188	13,125,000
Sales
Control [Member] | Saratoga Investment Corp. CLO 2013-1, Ltd. Class F-R-3 Note [Member]
Total Interest from Investments		814,431
Management Fee Income
Net Realized Gain (Loss) from Investments
Net Change in Unrealized Appreciation (Depreciation)		(454,025)
Purchases
Sales		(17,875,000)
Control [Member] | Saratoga Investment Corp. CLO 2013-1, Ltd. Class F-1-R-3 Note [Member]
Total Interest from Investments		4,786
Management Fee Income
Net Realized Gain (Loss) from Investments		(139,867)
Net Change in Unrealized Appreciation (Depreciation)
Purchases		8,500,000
Sales		$ (8,500,000)

N-2

N-2	6 Months Ended
	Aug. 31, 2022
Cover [Abstract]
Entity Central Index Key	0001377936
Amendment Flag	false
Securities Act File Number	814-00732
Document Type	10-Q
Entity Registrant Name	SARATOGA INVESTMENT CORP.
Entity Address, Address Line One	535 Madison Avenue
Entity Address, City or Town	New York
Entity Address, State or Province	NY
Entity Address, Postal Zip Code	10022
City Area Code	(212)
Local Phone Number	906-7800
Entity Emerging Growth Company	false
General Description of Registrant [Abstract]
Investment Objectives and Practices [Text Block]	We are a Maryland corporation that has elected to be treated as a BDC under the Investment Company Act of 1940, as amended (the “1940 Act”). Our investment objective is to create attractive risk-adjusted returns by generating current income and long-term capital appreciation from our investments. We invest primarily in senior and unitranche leveraged loans and mezzanine debt issued by private U.S. middle market companies, which we define as companies having earnings before interest, tax, depreciation and amortization (“EBITDA”) of between $2 million and $50 million, both through direct lending and through participation in loan syndicates. We may also invest up to 30.0% of the portfolio in opportunistic investments in order to seek to enhance returns to stockholders. Such investments may include investments in distressed debt, which may include securities of companies in bankruptcy, foreign debt, private equity, securities of public companies that are not thinly traded and structured finance vehicles such as collateralized loan obligation funds. Although we have no current intention to do so, to the extent we invest in private equity funds, we will limit our investments in entities that are excluded from the definition of “investment company” under Section 3(c)(1) or Section 3(c)(7) of the 1940 Act, which includes private equity funds, to no more than 15.0% of its net assets. We have elected, and intend to qualify annually, to be treated for U.S. federal income tax purposes as a RIC under Subchapter M of the Internal Revenue Code of 1986, as amended (the “Code”).
Risk Factors [Table Text Block]	Item 1A. Risk Factors In addition to information set forth in this report, you should carefully consider the “Risk Factors” discussed in our most recent Annual Report on Form 10-K filed with the SEC, which could materially affect our business, financial condition and/or operating results. Other than as set forth below, there have been no material changes during the six months ended August 31, 2022 to the risk factors discussed in “Item 1A. Risk Factors” of our Annual Report on Form 10-K for the fiscal year ended February 28, 2022. Additional risks or uncertainties not currently known to us or that we currently deem to be immaterial also may materially affect our business, financial condition and/or operating results.

Organization

Organization	6 Months Ended
	Aug. 31, 2022
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Organization	Note 1. Organization Saratoga Investment Corp. (the “Company”, “we”, “our” and “us”) is a non-diversified closed end management investment company incorporated in Maryland that has elected to be treated and is regulated as a business development company (“BDC”) under the Investment Company Act of 1940, as amended (the “1940 Act”). The Company commenced operations on March 23, 2007 as GSC Investment Corp. and completed the initial public offering (“IPO”) on March 28, 2007. The Company has elected, and intends to qualify annually, to be treated for U.S. federal income tax purposes as a regulated investment company (“RIC”) under Subchapter M of the Internal Revenue Code of 1986, as amended (the “Code”). The Company’s investment objective is to generate current income and, to a lesser extent, capital appreciation from its investments. GSC Investment, LLC (the “LLC”) was organized in May 2006 as a Maryland limited liability company. As of February 28, 2007, the LLC had not yet commenced its operations and investment activities. On March 21, 2007, the Company was incorporated and concurrently therewith the LLC was merged with and into the Company, with the Company as the surviving entity, in accordance with the procedure for such merger in the LLC’s limited liability company agreement and Maryland law. In connection with such merger, each outstanding limited liability company interest of the LLC was converted into a share of common stock of the Company. On July 30, 2010, the Company changed its name from “GSC Investment Corp.” to “Saratoga Investment Corp.” in connection with the consummation of a recapitalization transaction. The Company is externally managed and advised by the investment adviser, Saratoga Investment Advisors, LLC (the “Manager” or “Saratoga Investment Advisors”), pursuant to an investment advisory and management agreement (the “Management Agreement”). Prior to July 30, 2010, the Company was managed and advised by GSCP (NJ), L.P. The Company has established wholly-owned subsidiaries, SIA-ARC, Inc., SIA-Avionte, Inc., SIA-AX, Inc., SIA-GH, Inc., SIA-MAC, Inc., SIA-PP Inc., SIA-TG, Inc., SIA-TT, Inc., SIA-Vector, Inc. and SIA-VR, Inc., which are structured as Delaware entities, or tax blockers (“Taxable Blockers”), to hold equity or equity-like investments in portfolio companies organized as limited liability companies, or LLCs (or other forms of pass through entities). In February 2022, SIA-GH, Inc., SIA-TT Inc. and SIA-VR, Inc. received an approved plan of liquidation following the sale of equity held by each of the portfolio companies. Tax Blockers are consolidated for accounting purposes, but are not consolidated for U.S. federal income tax purposes and may incur U.S. federal income tax expenses as a result of their ownership of portfolio companies. On March 28, 2012, our wholly owned subsidiary, Saratoga Investment Corp. SBIC, LP (“SBIC LP”), received a Small Business Investment Company (“SBIC”) license from the Small Business Administration (“SBA”). On August 14, 2019, our wholly owned subsidiary, Saratoga Investment Corp. SBIC II LP (“SBIC II LP”), also received an SBIC license from the SBA. SBIC II LP’s SBIC license provides up to $175.0 million in additional long-term capital in the form of SBA debentures. The Company has formed a wholly owned special purpose entity, Saratoga Investment Funding II LLC, a Delaware limited liability company (“SIF II”), for the purpose of entering into a $50.0 million senior secured revolving credit facility with Encina Lender Finance, LLC (the “Lender”), supported by loans held by SIF II and pledged to the Lender under the credit facility (the “Encina Credit Facility”). The Encina Credit Facility closed on October 4, 2021. During the first two years following the closing date, SIF II may request an increase in the commitment amount under the Encina Credit Facility to up to $75.0 million. The terms of the Encina Credit Facility require a minimum drawn amount of $12.5 million at all times during the first six months following the closing date, which increases to the greater of $25.0 million or 50% of the commitment amount in effect at any time thereafter. The term of the Encina Credit Facility is three years. Advances under the Encina Credit Facility bear interest at a floating rate per annum equal to LIBOR plus 4.0%, with LIBOR having a floor of 0.75%, with customary provisions related to the selection by the Lender and the Company of a replacement benchmark rate. Concurrently with the closing of the Encina Credit Facility, all remaining amounts outstanding on the Company’s existing revolving credit facility with Madison Capital Funding, LLC were repaid and the revolving credit facility terminated. On October 26, 2021, the Company and TJHA JV I LLC (“TJHA”) entered into a Limited Liability Company Agreement (the “LLC Agreement”) to co-manage Saratoga Senior Loan Fund I JV LLC (“SLF JV”). SLF JV is under joint control and is not consolidated. SLF JV is invested in Saratoga Investment Corp Senior Loan Fund 2021-1 Ltd. (“SLF 2021”), which is a wholly owned subsidiary of SLF JV. SLF 2021 was formed for the purpose of making investments in a diversified portfolio of broadly syndicated first lien and second lien term loans or bonds in the primary and secondary markets.

Summary of Significant Accounti

Summary of Significant Accounting Policies	6 Months Ended
	Aug. 31, 2022
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	Note 2. Summary of Significant Accounting Policies Basis of Presentation The accompanying consolidated financial statements have been prepared on the accrual basis of accounting in conformity with U.S. generally accepted accounting principles (“U.S. GAAP”), are stated in U.S. Dollars and include the accounts of the Company and its wholly owned special purpose financing subsidiaries, Saratoga Investment Funding, LLC (previously known as GSC Investment Funding LLC), SIF II, SBIC LP, SBIC II LP, SIA-ARC, Inc., SIA-Avionte, Inc., SIA-AX, Inc., SIA-GH, Inc., SIA-MAC, Inc., SIA-PP, Inc., SIA-TG, Inc., SIA-TT Inc. and SIA-Vector, Inc. All intercompany accounts and transactions have been eliminated in consolidation. All references made to the “Company,” “we,” and “us” herein include Saratoga Investment Corp. and its consolidated subsidiaries, except as stated otherwise. The Company, SBIC LP and SBIC II LP are all considered to be investment companies for financial reporting purposes and have applied the guidance in the Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) Topic 946, “ Financial Services — Investment Companies Principles of Consolidation Under the investment company rules and regulations pursuant to ASC Topic 946, the Company is precluded from consolidating any entity other than another investment company. The Company has determined that SLF JV is an investment company under ASC 946; however, in accordance with such guidance the Company will generally not consolidate its investment in a company other than a wholly-owned investment company subsidiary. SLF JV is not a wholly-owned investment company subsidiary as the Company and TJHA each have an equal 50% voting interest in SLF JV and thus neither party has a controlling financial interest. Furthermore, ASC 810 concludes that in a joint venture where both members have equal decision making authority, it is not appropriate for one member to consolidate the joint venture since neither has control. Accordingly, the Company does not consolidate its investment in SLF JV. Use of Estimates in the Preparation of Financial Statements The preparation of the accompanying consolidated financial statements in conformity with U.S. 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 financial statements, and income, gains (losses) and expenses during the period reported. Actual results could differ materially from those estimates. Cash and Cash Equivalents Cash and cash equivalents include short-term, liquid investments in a money market fund. Cash and cash equivalents are carried at cost which approximates fair value. Per section 12(d)(1)(A) of the 1940 Act, the Company may not invest in another investment company, such as a money market fund, if such investment would cause the Company to exceed any of the following limitations: ● we were to own more than 3.0% of the investment company’s total outstanding voting shares; ● we were to hold securities in the investment company having an aggregate value in excess of 5.0% of the value of our total assets; or ● we were to hold securities in investment companies having an aggregate value in excess of 10.0% of the value of our total assets. As of August 31, 2022, the Company did not exceed any of these limitations. Cash and Cash Equivalents, Reserve Accounts Cash and cash equivalents, reserve accounts include amounts held in designated bank accounts in the form of cash and short-term liquid investments in money market funds, representing payments received on secured investments or other reserved amounts associated with the revolving credit facilities. The Company is required to use these amounts to pay interest expense, reduce borrowings, or pay other amounts in accordance with the terms of the revolving credit facilities. In addition, cash and cash equivalents, reserve accounts also include amounts held in designated bank accounts, in the form of cash and short-term liquid investments in money market funds, within our wholly-owned subsidiaries, SBIC LP and SBIC II LP. The statements of cash flows explain the change during the period in the total of cash, cash equivalents and amounts generally described as restricted cash and restricted cash equivalents when reconciling the beginning-of-period and end-of-period total amounts. The following table provides a reconciliation of cash and cash equivalents and cash and cash equivalents, reserve accounts reported within the consolidated statements of assets and liabilities that sum to the total of the same such amounts shown in the consolidated statements of cash flows: August 31, August 31, Cash and cash equivalents $ 3,068,165 $ 60,268,602 Cash and cash equivalents, reserve accounts 9,579,226 13,040,805 Total cash and cash equivalents and cash and cash equivalents, reserve accounts $ 12,647,391 $ 73,309,407 Investment Classification The Company classifies its investments in accordance with the requirements of the 1940 Act. Under the 1940 Act, “control investments” are defined as investments in companies in which we own more than 25.0% of the voting securities or maintain greater than 50.0% of the board representation. Under the 1940 Act, “affiliated investments” are defined as those non-control investments in companies in which we own between 5.0% and 25.0% of the voting securities. Under the 1940 Act, “non-affiliated investments” are defined as investments that are neither control investments nor affiliated investments. Investment Valuation The Company accounts for its investments at fair value in accordance with the FASB ASC Topic 820, Fair Value Measurements and Disclosures Investments for which market quotations are readily available are fair valued at such market quotations obtained from independent third-party pricing services and market makers subject to any decision by our board of directors to approve a fair value determination to reflect significant events affecting the value of these investments. We value investments for which market quotations are not readily available at fair value as approved, in good faith, by our board of directors based on input from our Manager, the audit committee of our board of directors and a third-party independent valuation firm. The Company undertakes a multi-step valuation process each quarter when valuing investments for which market quotations are not readily available, as described below: ● Each investment is initially valued by the responsible investment professionals of the Manager and preliminary valuation conclusions are documented, reviewed and discussed with our senior management; and ● An independent valuation firm engaged by our board of directors independently reviews a selection of these preliminary valuations each quarter so that the valuation of each investment for which market quotes are not readily available is reviewed by the independent valuation firm at least once each fiscal year. We use a third-party independent valuation firm to value our investment in the subordinated notes of Saratoga Investment Corp. CLO 2013-1, Ltd. (“Saratoga CLO”) and the Class F-2-R-3 Notes tranche of the Saratoga CLO every quarter. In addition, all our investments are subject to the following valuation process: ● The audit committee of our board of directors reviews and approves each preliminary valuation and our Manager and independent valuation firm (if applicable) will supplement the preliminary valuation to reflect any comments provided by the audit committee; and ● Our board of directors discusses the valuations and approves the fair value of each investment, in good faith, based on the input of our Manager, independent valuation firm (to the extent applicable) and the audit committee of our board of directors. We use multiple techniques for determining fair value based on the nature of the investment and experience with those types of investments and specific portfolio companies. The selections of the valuation techniques and the inputs and assumptions used within those techniques often require subjective judgements and estimates. These techniques include market comparables, discounted cash flows and enterprise value waterfalls. Fair value is best expressed as a range of values from which the Company determines a single best estimate. The types of inputs and assumptions that may be considered in determining the range of values of our investments include the nature and realizable value of any collateral, the portfolio company’s ability to make payments, market yield trend analysis and volatility in future interest rates, call and put features, the markets in which the portfolio company does business, comparison to publicly traded companies, discounted cash flows and other relevant factors. The Company’s investment in Saratoga CLO is carried at fair value, which is based on a discounted cash flow valuation technique that utilizes prepayment, re-investment and loss inputs based on historical experience and projected performance, economic factors, the characteristics of the underlying cash flow and comparable yields for equity interests in collateralized loan obligation funds similar to Saratoga CLO, when available, as determined by our Manager and recommended to our board of directors. Specifically, we use Intex cash flows, or an appropriate substitute, to form the basis for the valuation of our investment in Saratoga CLO. The cash flows use a set of inputs including projected default rates, recovery rates, reinvestment rates and prepayment rates in order to arrive at estimated valuations. The inputs are based on available market data and projections provided by third parties as well as management estimates. The Company uses the output from the Intex models (i.e., the estimated cash flows) to perform a discounted cash flow analysis on expected future cash flows to determine the valuation for our investment in Saratoga CLO. The Company’s equity investment in SLF JV is measured using the proportionate share of the net asset value, or equivalent, of SLF JV as a practical expedient for fair value, provided by ASC 820. Because such valuations, and particularly valuations of private investments and private companies, are inherently uncertain, they may fluctuate over short periods of time and may be based on estimates. The determination of fair value may differ materially from the values that would have been used if a ready market for these investments existed. The Company’s net asset value could be materially affected if the determinations regarding the fair value of our investments were materially higher or lower than the values that we ultimately realize upon the disposal of such investments. In December 2020, the U.S. Securities and Exchange Commission (the “SEC”) adopted a new rule providing a framework for fund valuation practices. New Rule 2a-5 under the 1940 Act (“Rule 2a-5”) establishes requirements for determining fair value in good faith for purposes of the 1940 Act. Rule 2a-5 will permit boards of directors, subject to board oversight and certain other conditions, to designate certain parties to perform fair value determinations. Rule 2a-5 also defines when market quotations are “readily available” for purposes of the 1940 Act and the threshold for determining whether a fund must determine the fair value of a security. The SEC also adopted new Rule 31a-4 under the 1940 Act (“Rule 31a-4”), which provides the recordkeeping requirements associated with fair value determinations. Finally, the SEC is rescinding previously issued guidance on related issues, including the role of the board in determining fair value and the accounting and auditing of fund investments. Rule 2a-5 and Rule 31a-4 became effective on March 8, 2021, and have a compliance date of September 8, 2022. While our board of directors has not elected to designate Saratoga Investment Advisors as the valuation designee, the Company has adopted certain revisions to its valuation policies and procedures in order comply with the applicable requirements of Rule 2a-5 and Rule 31a-4. Derivative Financial Instruments The Company accounts for derivative financial instruments in accordance with FASB ASC Topic 815, Derivatives and Hedging Investment Transactions and Income Recognition Purchases and sales of investments and the related realized gains or losses are recorded on a trade-date basis. Interest income, adjusted for amortization of premium and accretion of discount, is recorded on an accrual basis to the extent that such amounts are expected to be collected. The Company stops accruing interest on its investments when it is determined that interest is no longer collectible. Discounts and premiums on investments purchased are accreted/amortized using the effective yield method. The amortized cost of investments represents the original cost adjusted for the accretion of discounts over the life of the investment and amortization of premiums on investments up to the earliest call date. Loans are generally placed on non-accrual status when there is reasonable doubt that principal or interest will be collected. Accrued interest is generally reserved when a loan is placed on non-accrual status. Interest payments received on non-accrual loans may be recognized as a reduction in principal depending upon management’s judgment regarding collectability. Non-accrual loans are restored to accrual status when past due principal and interest is paid and, in management’s judgment, are likely to remain current, although we may make exceptions to this general rule if the loan has sufficient collateral value and is in the process of collection. At August 31, 2022, our investment in one portfolio company was on non-accrual status with a fair value of approximately $9.7 million, or 1.0% of the fair value of our portfolio. At February 28, 2022, there were no investments on non-accrual status. Interest income on our investment in Saratoga CLO is recorded using the effective interest method in accordance with the provisions of ASC Topic 325, Investments-Other, Beneficial Interests in Securitized Financial Assets Payment-in-Kind Interest The Company holds debt and preferred equity investments in its portfolio that contain a payment-in-kind (“PIK”) interest provision. The PIK interest, which represents contractually deferred interest added to the investment balance that is generally due at maturity, is generally recorded on the accrual basis to the extent such amounts are expected to be collected. The Company stops accruing PIK interest if it is expected that the issuer will not be able to pay all principal and interest when due. Dividend Income Dividend income is recorded in the consolidated statements of operations when earned. Structuring and Advisory Fee Income Structuring and advisory fee income represents various fee income earned and received for performing certain investment structuring and advisory activities during the closing of new investments. Other Income Other income includes prepayment income fees, and monitoring, administration and amendment fees and is recorded in the consolidated statements of operations when earned. Deferred Debt Financing Costs Financing costs incurred in connection with our credit facility and notes are deferred and amortized using the straight-line method over the life of the respective facility and debt securities. Financing costs incurred in connection with the SBA debentures of SBIC LP and SBIC II LP are deferred and amortized using the straight-line method over the life of the debentures. Any discount or premium on the issuance of any debt is amortized using the effective interest method over the life of the respective debt security. The Company presents deferred debt financing costs on the balance sheet as a contra-liability as a direct deduction from the carrying amount of that debt liability, consistent with debt discounts. Realized Loss on Extinguishment of Debt Upon the repayment of debt obligations that are deemed to be extinguishments, the difference between the principal amount due at maturity adjusted for any unamortized debt issuance costs is recognized as a loss (i.e., the unamortized debt issuance costs are recognized as a loss upon extinguishment of the underlying debt obligation). Contingencies In the ordinary course of business, the Company may enter into contracts or agreements that contain indemnifications or warranties. Future events could occur that lead to the execution of these provisions against the Company. Based on its history and experience, management reasonably believes that the likelihood of such an event is remote. Therefore, the Company has not accrued any liabilities in connection with such indemnifications. In the ordinary course of business, the Company may directly or indirectly be a defendant or plaintiff in legal actions with respect to bankruptcy, insolvency or other types of proceedings. Such lawsuits may involve claims that could adversely affect the value of certain financial instruments owned by the Company. Income Taxes The Company has elected, and intends to qualify annually, to be treated for U.S. federal income tax purposes as a RIC under Subchapter M of the Code. By meeting these requirements, the Company will not be subject to corporate federal income taxes on ordinary income or capital gains timely distributed to stockholders. Therefore, no provision has been recorded for federal income taxes, except as related to the Taxable Blockers and long-term capital gains, when applicable. In order to qualify as a RIC, among other requirements, the Company is required to timely distribute to its stockholders at least 90% of its “investment company taxable income”, as defined by the Code, for each fiscal tax year. The Company will be subject to a nondeductible U.S. federal excise tax of 4% on undistributed income if it does not distribute at least (1) 98% of its net ordinary income in any calendar year, (2) 98.2% of its capital gain net income for each one-year period ending on October 31 and (3) any net ordinary income and capital gain net income that it recognized for preceding years, but were not distributed during such year, and on which the Company paid no U.S federal income tax. Depending on the level of investment company taxable income earned in a tax year and the amount of net capital gains recognized in such tax year, the Company may choose to carry forward investment company taxable income and net capital gains in excess of current year dividend distributions into the next tax year and pay the 4.0% U.S. federal excise tax on such income, as required. To the extent that the Company determines that its estimated current year annual investment company taxable income will be in excess of estimated current year dividend distributions for U.S. federal excise tax purposes, the Company accrues the U.S. federal excise tax, if any, on estimated excess taxable income as taxable income is earned. In accordance with U.S. Treasury regulations and published guidance issued by the Internal Revenue Service (“IRS”), a publicly offered RIC may treat a distribution of its own stock as counting toward its RIC distribution requirements if each stockholder elects to receive his, her, or its entire distribution in either cash or stock of the RIC. This published guidance indicates that the rule will apply where the aggregate amount of cash to be distributed to all stockholders is not at least 20.0% of the aggregate declared distribution. Under the published guidance, if too many stockholders elect to receive cash, the cash available for distribution must be allocated among the stockholders electing to receive cash (with the balance of the distribution paid in stock). In no event will any stockholder, electing to receive cash, receive less than 20.0% of his or her entire distribution in cash. If these and certain other requirements are met, for U.S. federal income tax purposes, the amount of the dividend paid in stock will be equal to the amount of cash that could have been received instead of stock. The Company may utilize wholly owned holding companies taxed under Subchapter C of the Code or tax blockers, when making equity investments in portfolio companies taxed as pass-through entities to meet its source-of-income requirements as a RIC. Taxable Blockers are consolidated in the Company’s U.S. GAAP financial statements and may result in current and deferred federal and state income tax expense with respect to income derived from those investments. Such income, net of applicable income taxes, is not included in the Company’s tax-basis net investment income until distributed by the Taxable Blocker, which may result in timing and character differences between the Company’s U.S. GAAP and tax-basis net investment income and realized gains and losses. Income tax expense or benefit from Taxable Blockers related to net investment income are included in total operating expenses, while any expense or benefit related to federal or state income tax originated for capital gains and losses are included together with the applicable net realized or unrealized gain or loss line item. Deferred tax assets of the Taxable Blockers are reduced by a valuation allowance when, in the opinion of management, it is more-likely than-not that some portion or all of the deferred tax assets will not be realized. FASB ASC Topic 740, Income Taxes, Dividends Dividends to common stockholders are recorded on the ex-dividend date. The amount to be paid out as a dividend is determined by the board of directors. Net realized capital gains, if any, are generally distributed at least annually, although we may decide to retain some or all of our net capital gains for reinvestment. We have adopted a dividend reinvestment plan (“DRIP”) that provides for reinvestment of our dividend distributions on behalf of our stockholders unless a stockholder elects to receive cash. As a result, if our board of directors authorizes, and we declare, a cash dividend, then our stockholders who have not “opted out” of the DRIP by the dividend record date will have their cash dividends automatically reinvested into additional shares of our common stock, rather than receiving the cash dividends. We have the option to satisfy the share requirements of the DRIP through the issuance of new shares of common stock or through open market purchases of common stock by the DRIP plan administrator. Capital Gains Incentive Fee The Company records an expense accrual on the consolidated statements of operations relating to the capital gains incentive fee payable by the Company to the Manager on the consolidated statements of assets and liabilities when the net realized and unrealized gain on its investments exceed all net realized and unrealized capital losses on its investments because a capital gains incentive fee would be owed to the Manager if the Company were to liquidate its investment portfolio at such time. The actual incentive fee payable to the Manager related to capital gains will be determined and payable in arrears at the end of each fiscal year and only reflected those net realized capital gains net of realized and unrealized losses for the period. Recent Accounting Pronouncements In March 2020, the FASB issued ASU 2020-04, Reference Rate Reform Risk Management In the ordinary course of its business, the Company manages a variety of risks, including market risk and credit risk. Market risk is the risk of potential adverse changes to the value of investments because of changes in market conditions such as interest rate movements and volatility in investment prices. Credit risk is the risk of default or non-performance by portfolio companies, equivalent to the investment’s carrying amount. The Company is also exposed to credit risk related to maintaining all of its cash and cash equivalents, including those in reserve accounts, at a major financial institution and credit risk related to any of its derivative counterparties. The Company has investments in lower rated and comparable quality unrated high yield bonds and bank loans. Investments in high yield investments are accompanied by a greater degree of credit risk. The risk of loss due to default by the issuer is significantly greater for holders of high yield securities, because such investments are generally unsecured and are often subordinated to other creditors of the issuer.

Investments

Investments	6 Months Ended
	Aug. 31, 2022
Saratoga Investment Corp. [Member]
Investments [Line Items]
Investments	Note 3. Investments As noted above, the Company values all investments in accordance with ASC 820. As defined in ASC 820, fair value is the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between independent market participants at the measurement date. ASC 820 establishes a hierarchal disclosure framework which prioritizes and ranks the level of market price observability of inputs used in measuring investments at fair value. Market price observability is affected by a number of factors, including the type of investment and the characteristics specific to the investment. Investments with readily available active quoted prices or for which fair value can be measured from actively quoted prices generally will have a higher degree of market price observability and a lesser degree of judgment used in measuring fair value. Based on the observability of the inputs used in the valuation techniques, the Company is required to provide disclosures on fair value measurements according to the fair value hierarchy. The fair value hierarchy ranks the observability of the inputs used to determine fair values. Investments carried at fair value are classified and disclosed in one of the following three categories: ● Level 1—Valuations based on quoted prices in active markets for identical assets or liabilities that the Company has the ability to access. ● Level 2— Pricing inputs are other than quoted prices in active markets, which are either directly or indirectly observable as of the reporting date. Such inputs may be quoted prices for similar assets or liabilities, quoted markets that are not active, or other inputs that are observable or can be corroborated by observable market data for substantially the full character of the financial instrument, or inputs that are derived principally from, or corroborated by, observable market information. Investments that are generally included in this category include illiquid debt securities and less liquid, privately held or restricted equity securities, for which some level of recent trading activity has been observed. ● Level 3—Pricing inputs are unobservable for the investment and includes situations where there is little, if any, market activity for the investment. The inputs may be based on the Company’s own assumptions about how market participants would price the asset or liability or may use Level 2 inputs, as adjusted, to reflect specific investment attributes relative to a broader market assumption. Even if observable market data for comparable performance or valuation measures (earnings multiples, discount rates, other financial/valuation ratios, etc.) are available, such investments are grouped as Level 3 if any significant data point that is not also market observable (private company earnings, cash flows, etc.) is used in the valuation technique. We use multiple techniques for determining fair value based on the nature of the investment and experience with those types of investments and specific portfolio companies. The selections of the valuation techniques and the inputs and assumptions used within those techniques often require subjective judgements and estimates. These techniques include market comparables, discounted cash flows and enterprise value waterfalls. Fair value is best expressed as a range of values from which the Company determines a single best estimate. The types of inputs and assumptions that may be considered in determining the range of values of our investments include the nature and realizable value of any collateral, the portfolio company’s ability to make payments, market yield trend analysis and volatility in future interest rates, call and put features, the markets in which the portfolio company does business, comparison to publicly traded companies, discounted cash flows and other relevant factors. In addition to using the above inputs in investment valuations, the Company continues to employ the valuation policy approved by the board of directors that is consistent with ASC 820 and the 1940 Act (see Note 2). Consistent with our valuation policy, we evaluate the source of inputs, including any markets in which our investments are trading, in determining fair value. The following table presents fair value measurements of investments, by major class, as of August 31, 2022 (dollars in thousands), according to the fair value hierarchy: Fair Value Measurements Valued Level 1 Level 2 Level 3 Asset Value* Total First lien term loans $ - $ - $ 793,011 - $ 793,011 Second lien term loans - - 23,662 - 23,662 Unsecured term loans - - 16,841 - 16,841 Structured finance securities - - 32,327 - 32,327 Equity interests - - 82,096 6,727 88,823 Total $ - $ - $ 947,937 $ 6,727 $ 954,664 * The Company’s equity investment in SLF JV is measured using the proportionate share of the net asset value, or equivalent, as a practical expedient and thus has not been classified in the fair value hierarchy. The following table presents fair value measurements of investments, by major class, as of February 28, 2022 (dollars in thousands), according to the fair value hierarchy: Fair Value Measurements Valued Level 1 Level 2 Level 3 Asset Value* Total First lien term loans $ - $ - $ 631,572 $ - $ 631,572 Second lien term loans - - 44,386 - 44,386 Unsecured loans - - 15,931 - 15,931 Structured finance securities - - 38,030 - 38,030 Equity interests - - 75,632 12,016 87,648 Total $ - $ - $ 805,551 $ 12,016 $ 817,567 * The Company’s equity investment in SLF JV is measured using the proportionate share of the net asset value, or equivalent, as a practical expedient and thus has not been classified in the fair value hierarchy. The following table provides a reconciliation of the beginning and ending balances for investments that use Level 3 inputs for the six months ended August 31, 2022 (dollars in thousands): First lien Second lien Unsecured Structured Equity Total Balance as of February 28, 2022 $ 631,572 $ 44,386 $ 15,931 $ 38,030 $ 75,632 $ 805,551 Payment-in-kind and other adjustments to cost 160 - - (2,160 ) 405 (1,595 ) Net accretion of discount on investments 851 (17 ) - - - 834 Net change in unrealized appreciation (depreciation) on investments (10,606 ) (691 ) (37 ) (3,543 ) (1,478 ) (16,355 ) Purchases 241,133 4,950 947 - 9,537 256,567 Sales and repayments (70,262 ) (24,966 ) - - (9,944 ) (105,172 ) Net realized gain (loss) from investments 163 - - - 7,944 8,107 Balance as of August 31, 2022 $ 793,011 $ 23,662 $ 16,841 $ 32,327 $ 82,096 $ 947,937 Net change in unrealized appreciation (depreciation) for the period relating to those Level 3 assets that were still held by the Company at the end of the period $ (10,543 ) $ (881 ) $ (37 ) $ (3,544 ) $ 3,623 $ (11,382 ) Purchases, PIK and other adjustments to cost include purchases of new investments at cost, effects of refinancing/restructuring, accretion/amortization of income from discount/premium on debt securities, and PIK interests. Sales and repayments represent net proceeds received from investments sold and principal paydowns received during the period. Transfers and restructurings, if any, are recognized at the beginning of the period in which they occur. There were no transfers or restructurings in or out of Levels 1, 2 or 3 during the six months ended August 31, 2022. The following table provides a reconciliation of the beginning and ending balances for investments that use Level 3 inputs for the six months ended August 31, 2021 (dollars in thousands): First lien Second lien Unsecured Structured Equity Total Balance as of February 28, 2021 $ 440,456 $ 24,930 $ 2,141 $ 49,779 $ 37,007 $ 554,313 Payment-in-kind and other adjustments to cost 389 30 498 658 331 1,906 Net accretion of discount on investments 874 10 - - - 884 Net change in unrealized appreciation (depreciation) on investments 285 73 49 2,499 17,283 20,189 Purchases 173,018 19,825 - - 42,338 235,181 Sales and repayments (121,429 ) - - (8,360 ) (19,998 ) (149,787 ) Net realized gain (loss) from investments - - - (140 ) 3,551 3,411 Balance as of August 31, 2021 $ 493,593 $ 44,868 $ 2,688 $ 44,436 $ 80,512 $ 666,097 Net change in unrealized appreciation (depreciation) for the year relating to those Level 3 assets that were still held by the Company at the end of the period $ 1,790 $ 73 $ 49 $ 2,952 $ 16,605 $ 21,469 Transfers and restructurings, if any, are recognized at the beginning of the period in which they occur. There were no transfers or restructurings in or out of Levels 1, 2 or 3 during the six months ended August 31, 2021. The valuation techniques and significant unobservable inputs used in recurring Level 3 fair value measurements of assets as of August 31, 2022 were as follows (dollars in thousands): Fair Value Valuation Technique Unobservable Input Range Weighted Average* First lien term loans $ 793,011 Market Comparables Market Yield (%) 8.1% - 16.4% 10.7 % Revenue Multiples (x) 3.0x - 8.0x 4.4 x Second lien term loans 23,662 Market Comparables Market Yield (%) 10.0% - 46.5% 26.1 % Unsecured term loans 16,841 Market Comparables Market Yield (%) 10.0% - 25.5% 12.6 % Collateral Value Coverage Net Asset Value 100.0% 100.0 % Structured finance securities 32,327 Discounted Cash Flow Discount Rate (%) 13.0% - 18.0% 16.7 % Recovery Rate (%) 35% - 70% 70.0 % Prepayment Rate (%) 20.0% 20.0 % Equity interests 82,096 Enterprise Value Waterfall EBITDA Multiples (x) 4.0x - 28.6x 9.9 x Revenue Multiples (x) 1.0x - 11.7x 6.1 x Total $ 947,937 * The weighted average in the table above is calculated based on each investment’s fair value weighting, using the applicable unobservable input. The valuation techniques and significant unobservable inputs used in recurring Level 3 fair value measurements of assets as of February 28, 2022 were as follows (dollars in thousands): Fair Value Valuation Technique Unobservable Input Range Weighted Average* First lien term loans $ 631,572 Market Comparables Market Yield (%) 6.0% - 11.3% 8.4 % Revenue Multiples (x) 3.5x 3.5 x Second lien term loans 44,386 Market Comparables Market Yield (%) 8.9% - 32.9% 15.6 % EBITDA Multiples (x) 7.5x 7.5 x Unsecured term loans 15,931 Market Comparables Market Yield (%) 22.3% 22.3 % Net Asset Value 100.0% 100.0 % Structured finance securities 38,030 Discounted Cash Flow Discount Rate (%) 10.0% - 15.0% 14.2 % Recovery Rate (%) 35.0% - 70.0% 70.0 % Prepayment Rate (%) 20.0% 20.0 % Equity interests 75,632 Enterprise Value Waterfall EBITDA Multiples (x) 4.0x - 14.0x 9.7 x Revenue Multiples (x) 0.5x - 38.3x 4.6 x Third-party bid 100.0% 100.0 % Total $ 805,551 * The weighted average in the table above is calculated based on each investment’s fair value weighting, using the applicable unobservable input. For investments utilizing a market comparables valuation technique, a significant increase (decrease) in the market yield, in isolation, would result in a significantly lower (higher) fair value measurement, and a significant increase (decrease) in any of the earnings before interest, tax, depreciation and amortization (“EBITDA”) or revenue valuation multiples, in isolation, would result in a significantly higher (lower) fair value measurement. For investments utilizing a discounted cash flow valuation technique, a significant increase (decrease) in the discount rate, and prepayment rate, in isolation, would result in a significantly lower (higher) fair value measurement while a significant increase (decrease) in recovery rate, in isolation, would result in a significantly higher (lower) fair value measurement. For investments utilizing a third-party bid or market quote in deriving a value, a significant increase (decrease) in the third-party bid or market quote, in isolation, would result in a significantly higher (lower) fair value measurement. The composition of our investments as of August 31, 2022 at amortized cost and fair value was as follows (dollars in thousands): Investments Amortized Investments at Fair Value First lien term loans $ 803,082 84.0 % $ 793,011 83.0 % Second lien term loans 29,829 3.1 23,662 2.5 Unsecured term loans 17,051 1.8 16,841 1.8 Structured finance securities 39,489 4.1 32,327 3.4 Equity interests 66,486 7.0 88,823 9.3 Total $ 955,937 100.0 % $ 954,664 100.0 % The composition of our investments as of February 28, 2022 at amortized cost and fair value was as follows (dollars in thousands): Investments Amortized Investments at Fair Value First lien term loans $ 631,037 79.3 % $ 631,572 77.3 % Second lien term loans 49,862 6.3 44,386 5.4 Unsecured term loans 16,104 2.0 15,931 1.9 Structured finance securities 41,648 5.2 38,030 4.7 Equity interests 57,597 7.2 87,648 10.7 Total $ 796,248 100.0 % $ 817,567 100.0 % For loans and debt securities for which market quotations are not available, we determine their fair value based on third party indicative broker quotes, where available, or the inputs that a hypothetical market participant would use to value the security in a current hypothetical sale using a market comparables valuation technique. In applying the market comparables valuation technique, we determine the fair value based on such factors as market participant inputs including synthetic credit ratings, estimated remaining life, current market yield and interest rate spreads of similar securities as of the measurement date. If, in our judgment, the market comparables technique is not sufficient or appropriate, we may use additional techniques such as an asset liquidation or expected recovery model. For equity securities of portfolio companies and partnership interests, we determine the fair value using an enterprise value waterfall valuation technique. Under the enterprise value waterfall valuation technique, we determine the enterprise fair value of the portfolio company and then waterfall the enterprise value over the portfolio company’s securities in order of their preference relative to one another. To estimate the enterprise value of the portfolio company, we weigh some or all of the traditional market valuation techniques and factors based on the individual circumstances of the portfolio company in order to estimate the enterprise value. The techniques for performing investments may be based on, among other things: valuations of comparable public companies, recent sales of private and public comparable companies, discounting the forecasted cash flows of the portfolio company, third party valuations of the portfolio company, considering offers from third parties to buy the company, estimating the value to potential strategic buyers and considering the value of recent investments in the equity securities of the portfolio company. For non-performing investments, we may estimate the liquidation or collateral value of the portfolio company’s assets and liabilities. We also take into account historical and anticipated financial results. Our investment in Saratoga CLO is carried at fair value, which is based on a discounted cash flow valuation technique that utilizes prepayment, re-investment and loss inputs based on historical experience and projected performance, economic factors, the characteristics of the underlying cash flow, and comparable yields for equity interests in collateralized loan obligation funds similar to Saratoga CLO, when available, as determined by our Manager and recommended to our board of directors. Specifically, we use Intex cash flows, or an appropriate substitute, to form the basis for the valuation of our investment in Saratoga CLO. The cash flows use a set of inputs including projected default rates, recovery rates, reinvestment rates and prepayment rates in order to arrive at estimated valuations. The inputs are based on available market data and projections provided by third parties as well as management estimates. We ran Intex models based on inputs about the refinanced Saratoga CLO’s structure, including capital structure, cost of liabilities and reinvestment period. We use the output from the Intex models (i.e., the estimated cash flows) to perform a discounted cash flow analysis on expected future cash flows to determine a valuation for our investment in Saratoga CLO at August 31, 2022. The inputs at August 31, 2022 for the valuation model include: ● Default rate: 2% ● Recovery rate: 35% -70% ● Discount rate: 13% – 18% ● Prepayment rate: 20% ● Reinvestment rate / price: $97.00 for twelve months; then L+365bps / $99.00 Investment Concentration Set forth is a brief description of each portfolio company in which the fair value of our investment represents greater than 5% of our total assets as of August 31, 2022. Hematerra Holdings Company, LLC HemaTerra Holding Company, LLC provides SaaS-based software solutions addressing complex supply chain issues across a variety of medical environments, including blood, plasma, tissue, implants and DNA sample management, to customers in blood centers, hospitals, pharmaceuticals, and law enforcement settings. Buildout, Inc. Buildout, Inc. provides SaaS-based real estate marketing and customer relationship management (“CRM”) software to commercial real estate (“CRE”) brokerages. Buildout provides a suite of software solutions brokers use to manage relationships, efficiently create and distribute marketing materials over a wide variety of channels, including direct mail, multiple listing websites, brokerage website, property specific websites and manage back office functions like commission calculations and broker productivity. Artemis Wax Corp. Artemis Wax Corporation is a U.S. based retail aggregator of European Wax Center (“EWC”) franchise locations with a concentration in the northeast. Founded in 2004, EWC is the largest U.S. body waxing national chain with more than 800 locations across the country. Granite Comfort, LP Granite Comfort, LP provides traditional service and replacement of HVAC / plumbing systems, as well as a rental model that is in the early stages of implementation.
Saratoga CLO [Member]
Investments [Line Items]
Investments	Note 4. Investment in Saratoga CLO On January 22, 2008, the Company entered into a collateral management agreement with Saratoga CLO, pursuant to which the Company acts as its collateral manager. The Saratoga CLO was initially refinanced in October 2013 with its reinvestment period extended to October 2016. On November 15, 2016, the Company completed a second refinancing of the Saratoga CLO with its reinvestment period extended to October 2018. On December 14, 2018, the Company completed a third refinancing and upsize of the Saratoga CLO (the “2013-1 Reset CLO Notes”). The third Saratoga CLO refinancing, among other things, extended its reinvestment period to January 2021, and extended its legal maturity date to January 2030. A non-call period ending January 2020 was also added. Following this refinancing, the Saratoga CLO portfolio increased its aggregate principal amount from approximately $300.0 million to approximately $500.0 million of predominantly senior secured first lien term loans. In addition to refinancing its liabilities, the Company invested an additional $13.8 million in all of the newly issued subordinated notes of the Saratoga CLO and also purchased $2.5 million in aggregate principal amount of the Class F-R-2 and $7.5 million in aggregate principal amount of the Class G-R-2 notes tranches at par, with a coupon of 3M USD LIBOR plus 8.75% and 3M USD LIBOR plus 10.00%, respectively. As part of this refinancing, the Company also redeemed our existing $4.5 million in aggregate amount of the Class F notes tranche at par. On February 11, 2020, the Company entered into an unsecured loan agreement with Saratoga Investment Corp. CLO 2013-1 Warehouse 2, Ltd. (“CLO 2013-1 Warehouse 2”), a wholly owned subsidiary Saratoga CLO. On February 26, 2021, the Company completed the fourth refinancing of the Saratoga CLO. This fourth Saratoga CLO refinancing, among other things, extended the Saratoga CLO reinvestment period to April 2024, and extended its legal maturity to April 2033. The non-call period was extended to February 2022. In addition, and as part of the refinancing, the Saratoga CLO has also been upsized from $500 million in assets to approximately $650 million. As part of this refinancing and upsizing, the Company invested an additional $14.0 million in all of the newly issued subordinated notes of the Saratoga CLO, and purchased $17.9 million in aggregate principal amount of the Class F-R-3 Notes tranche at par. Concurrently, the existing $2.5 million of Class F-R-2 Notes, $7.5 million of Class G-R-2 Notes and $25.0 million of the CLO 2013-1 Warehouse 2 Loan were repaid. The Company also paid $2.6 million of transaction costs related to the refinancing and upsizing on behalf of the Saratoga CLO, to be reimbursed from future equity distributions. At August 31, 2021, the outstanding receivable of $2.6 million was repaid in full. On August 9, 2021, the Company exchanged its existing $17.9 million Class F-R-3 Notes for $8.5 million Class F-1-R-3 Notes and $9.4 million Class F-2-R-3 Notes at par. On August 11, 2021, the Company sold its Class F-1-R-3 Notes to third parties, resulting in a realized loss of $0.1 million. The Saratoga CLO remains 100.0% owned and managed by the Company. We receive a base management fee of 0.10% per annum and a subordinated management fee of 0.40% per annum of the outstanding principal amount of Saratoga CLO’s assets, paid quarterly to the extent of available proceeds. Following the third refinancing and the issuance of the 2013-1 Reset CLO Notes on December 14, 2018, we are no longer entitled to an incentive management fee equal to 20.0% of excess cash flow to the extent the Saratoga CLO subordinated notes receive an internal rate of return paid in cash equal to or greater than 12.0%. For the three months ended August 31, 2022 and August 31, 2021, we accrued management fee income of $0.8 million and $0.8 million, respectively, and interest income of $0.4 million and $1.3 million, respectively, from the subordinated notes of Saratoga CLO. For the six months ended August 31, 2022 and August 31, 2021, we accrued management fee income of $1.6 million and $1.6 million, respectively, and interest income of $1.0 million and $2.4 million, respectively, from the subordinated notes of Saratoga CLO. As of August 31, 2022, the aggregate principal amounts of the Company’s investments in the subordinated notes and Class F-2-R-3 Notes of the Saratoga CLO was $111.0 million and $9.4 million, respectively, which had a corresponding fair value of $23.4 million and $8.9 million, respectively. The Company determines the fair value of its investment in the subordinated notes of Saratoga CLO based on the present value of the projected future cash flows of the subordinated notes over the life of Saratoga CLO. As of August 31, 2022, Saratoga CLO had investments with a principal balance of $653.4 million and a weighted average spread over LIBOR of 3.7% and had debt with a principal balance of $611.0 million with a weighted average spread over LIBOR of 2.2%. As a result, Saratoga CLO earns a “spread” between the interest income it receives on its investments and the interest expense it pays on its debt and other operating expenses, which is distributed quarterly to the Company as the holder of its subordinated notes. As of August 31, 2022, the present value of the projected future cash flows of the subordinated notes was approximately $23.4 million, using a 18.0% discount rate. The Company’s total investment in the subordinate notes of Saratoga CLO is $57.8 million, which consists of investments of $30 million in January 2008, $13.8 million in December 2018 and $14.0 million in February 2021; to date, the Company has since received distributions of $76.1 million, management fees of $31.5 million and incentive fees of $1.2 million. As of February 28, 2022, the Company determined that the fair value of its investment in the subordinated notes of Saratoga CLO was $28.7 million. The Company determines the fair value of its investment in the subordinated notes of Saratoga CLO based on the present value of the projected future cash flows of the subordinated notes over the life of Saratoga CLO. As of February 28, 2022, the fair value of its investment in the Class F-R-3 Notes was $9.4 million. As of February 28, 2022, Saratoga CLO had investments with a principal balance of $660.2 million and a weighted average spread over LIBOR of 3.7% and had debt with a principal balance of $611.0 million with a weighted average spread over LIBOR of 2.2%. As a result, Saratoga CLO earns a “spread” between the interest income it receives on its investments and the interest expense it pays on its debt and other operating expenses, which is distributed quarterly to the Company as the holder of its subordinated notes. As of February 28, 2022, the present value of the projected future cash flows of the subordinated notes was approximately $27.9 million, using a 15.0% discount rate. Below is certain financial information from the separate financial statements of Saratoga CLO as of August 31, 2022 (unaudited) and February 28, 2022 and for the three and six months ended August 31, 2022 (unaudited) and August 31, 2021 (unaudited). August 31, February 28, (unaudited) ASSETS Investments at fair value Loans at fair value (amortized cost of $644,334,357 and $653,022,265, respectively) $ 604,030,601 $ 638,929,660 Equities at fair value (amortized cost of $0 and $0, respectively) - 33,690 Total investments at fair value (amortized cost of $644,334,357 and $653,022,265, respectively) 604,030,601 638,963,350 Cash and cash equivalents 11,877,748 6,171,793 Receivable from open trades 4,213,956 9,152,660 Interest receivable (net of reserve of $261,203 and $0, respectively) 2,794,158 2,062,856 Due from affiliate (See Note 7) 25,209 - Prepaid expenses and other assets 56,209 100,067 Total assets $ 622,997,881 $ 656,450,726 LIABILITIES Interest payable $ 3,521,003 $ 1,659,776 Payable from open trades 9,263,750 18,794,627 Accrued base management fee 72,710 72,510 Accrued subordinated management fee 290,841 290,040 Accounts payable and accrued expenses 135,556 58,716 Saratoga Investment Corp. CLO 2013-1, Ltd. Notes: Class A-1-R-3 Senior Secured Floating Rate Notes 357,500,000 357,500,000 Class A-2-R-3 Senior Secured Floating Rate Notes 65,000,000 65,000,000 Class B-FL-R-3 Senior Secured Floating Rate Notes 60,500,000 60,500,000 Class B-FXD-R-3 Senior Secured Fixed Rate Notes 11,000,000 11,000,000 Class C-FL-R-3 Deferrable Mezzanine Floating Rate Notes 26,000,000 26,000,000 Class C-FXD-R-3 Deferrable Mezzanine Fixed Rate Notes 6,500,000 6,500,000 Class D-R-3 Deferrable Mezzanine Floating Rate Notes 39,000,000 39,000,000 Discount on Class D-R-3 Notes (256,168 ) (268,301 ) Class E-R-3 Deferrable Mezzanine Floating Rate Notes 27,625,000 27,625,000 Discount on Class E-R-3 Notes (2,661,304 ) (2,787,348 ) Class F-1-R-3 Notes Deferrable Junior Floating Rate Notes 8,500,000 8,500,000 Class F-2-R-3 Notes Deferrable Junior Floating Rate Notes 9,375,000 9,375,000 Deferred debt financing costs (1,992,002 ) (2,086,928 ) Subordinated Notes 111,000,000 111,000,000 Discount on Subordinated Notes (42,091,366 ) (44,084,883 ) Total liabilities $ 688,283,020 $ 693,648,209 Commitments and contingencies NET ASSETS Ordinary equity, par value $1.00, 250 ordinary shares authorized, 250 and 250 common shares issued and outstanding, respectively $ 250 $ 250 Total distributable earnings (loss) (65,285,389 ) (37,197,733 ) Total net assets (65,285,139 ) (37,197,483 ) Total liabilities and net assets $ 622,997,881 $ 656,450,726 For the three months ended For the six months ended August 31, August 31, August 31, 2022 August 31, 2021 INVESTMENT INCOME Total interest from investments $ 9,176,167 $ 7,866,198 $ 17,321,614 $ 15,613,938 Interest from cash and cash equivalents 6,105 119 6,105 691 Other income 12,108 200,320 115,604 517,377 Total investment income 9,194,380 8,066,637 17,443,323 16,132,006 EXPENSES Interest and debt financing expenses 8,577,449 5,569,557 16,109,813 10,405,734 Base management fee 163,405 162,925 326,598 326,571 Subordinated management fee 653,619 651,697 1,306,390 1,306,283 Professional fees 129,229 109,691 210,393 145,357 Trustee expenses 64,742 121,329 132,828 121,329 Other expense 113,216 54,156 151,305 113,939 Total expenses 9,701,660 6,669,355 18,237,327 12,419,213 NET INVESTMENT INCOME (LOSS) (507,280 ) 1,397,282 (794,004 ) 3,712,793 REALIZED AND UNREALIZED LOSS ON INVESTMENTS Net realized gain (loss) from investments (1,144,858 ) 175,669 (1,067,201 ) (389,425 ) Net change in unrealized appreciation (depreciation) on investments (1,544,463 ) (662,095 ) (26,226,451 ) (1,143,192 ) Net realized and unrealized gain (loss) on investments (2,689,321 ) (486,426 ) (27,293,652 ) (1,532,617 ) NET INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS $ (3,196,601 ) $ 910,856 $ (28,087,656 ) $ 2,180,176 Issuer Name Industry Asset Name Asset Reference Rate/Spread LIBOR Current Maturity Principal/ Cost Fair Value 19TH HOLDINGS GOLF, LLC Consumer goods: Durable Term Loan Loan 1M USD SOFR+ 3.00 % 0.50 % 5.39 % 2/7/2029 $ 500,000 $ 497,718 $ 465,000 888 Acquisitions Limited Hotel, Gaming & Leisure Term Loan B Loan 6M USD SOFR+ 5.25 % 0.00 % 8.28 % 7/8/2028 2,000,000 1,702,661 1,723,340 ADMI Corp. Healthcare & Pharmaceuticals Term Loan B Loan 1M USD LIBOR+ 2.75 % 0.00 % 5.27 % 4/30/2025 1,920,276 1,916,024 1,803,734 Adtalem Global Education Inc. Services: Business Term Loan B (02/21) Loan 1M USD LIBOR+ 4.00 % 0.75 % 6.37 % 8/11/2028 1,033,969 1,025,096 1,022,336 Aegis Sciences Corporation Healthcare & Pharmaceuticals Term Loan Loan 3M USD LIBOR+ 5.50 % 1.00 % 8.41 % 5/9/2025 2,441,552 2,431,668 2,370,747 Agiliti Health Inc. Healthcare & Pharmaceuticals Term Loan (1/19) Loan 1M USD LIBOR+ 2.75 % 0.00 % 5.13 % 1/4/2026 1,476,058 1,470,109 1,439,156 Agiliti Health Inc. Healthcare & Pharmaceuticals Term Loan (09/20) Loan 1M USD LIBOR+ 2.75 % 0.75 % 5.13 % 1/4/2026 214,286 212,857 208,929 AHEAD DB Holdings, LLC Services: Business Term Loan (04/21) Loan 3M USD LIBOR+ 3.75 % 0.75 % 6.01 % 10/18/2027 2,970,000 2,878,591 2,891,295 AI Convoy (Luxembourg) S.a.r.l. Aerospace & Defense Term Loan B (USD) Loan 6M USD LIBOR+ 3.50 % 1.00 % 5.05 % 1/18/2027 1,462,072 1,457,624 1,430,477 Air Canada Transportation: Consumer Term Loan B (07/21) Loan 3M USD LIBOR+ 3.50 % 0.75 % 6.42 % 8/11/2028 2,000,000 1,851,463 1,930,360 AIS HoldCo, LLC Services: Business Term Loan Loan 3M USD LIBOR+ 5.00 % 0.00 % 7.81 % 8/15/2025 4,789,642 4,686,035 4,622,004 Alchemy Copyrights, LLC Media: Diversified & Production Term Loan B Loan 1M USD LIBOR+ 3.00 % 0.50 % 5.37 % 3/10/2028 491,269 488,557 483,900 Alchemy US Holdco 1, LLC Metals & Mining Term Loan Loan 1M USD LIBOR+ 5.50 % 0.00 % 5.60 % 10/10/2025 1,654,803 1,642,240 1,582,819 AlixPartners, LLP Banking, Finance, Insurance & Real Estate Term Loan B (01/21) Loan 1M USD LIBOR+ 2.75 % 0.50 % 5.27 % 2/4/2028 246,875 246,389 240,878 Alkermes, Inc. Healthcare & Pharmaceuticals Term Loan B (3/21) Loan 1M USD LIBOR+ 2.50 % 0.50 % 4.88 % 3/12/2026 2,137,039 2,121,720 2,046,214 Allen Media, LLC Media: Diversified & Production Term Loan (7/21) Loan 3M USD SOFR+ 5.50 % 0.00 % 7.70 % 2/10/2027 4,416,858 4,388,245 3,854,812 Alliant Holdings Intermediate, LLC Banking, Finance, Insurance & Real Estate Term Loan B4 Loan 1M USD LIBOR+ 3.50 % 0.50 % 5.88 % 11/5/2027 992,500 991,536 964,710 Allied Universal Holdco LLC Services: Business Term Loan 4/21 Loan 1M USD LIBOR+ 3.75 % 0.50 % 6.27 % 5/12/2028 1,985,000 1,976,181 1,890,971 Altisource Solutions S.a r.l. Banking, Finance, Insurance & Real Estate Term Loan B (03/18) Loan 3M USD LIBOR+ 4.00 % 1.00 % 6.25 % 4/3/2024 1,223,297 1,220,817 1,010,138 Altium Packaging LLC Containers, Packaging & Glass Term Loan (01/21) Loan 1M USD LIBOR+ 2.75 % 0.50 % 5.13 % 1/29/2028 493,750 491,725 477,397 American Greetings Corporation Media: Advertising, Printing & Publishing Term Loan Loan 1M USD LIBOR+ 4.50 % 1.00 % 6.88 % 4/6/2024 3,012,861 3,011,294 2,967,668 American Trailer World Corp Automotive Term Loan Loan 1M USD SOFR+ 3.75 % 0.75 % 6.31 % 3/3/2028 1,980,000 1,975,170 1,843,380 AmWINS Group, LLC Banking, Finance, Insurance & Real Estate Term Loan 2/21 Loan 1M USD LIBOR+ 2.25 % 0.75 % 4.77 % 2/17/2028 1,970,012 1,949,039 1,921,214 Anastasia Parent LLC Consumer goods: Non-durable Term Loan Loan 3M USD LIBOR+ 3.75 % 0.00 % 6.00 % 8/11/2025 962,500 960,273 779,625 Anchor Glass Container Corporation Containers, Packaging & Glass Term Loan (07/17) Loan 3M USD LIBOR+ 2.75 % 1.00 % 5.10 % 12/7/2023 472,625 472,098 374,437 ANI Pharmaceuticals, Inc. Healthcare & Pharmaceuticals Term Loan B Loan 1M USD LIBOR+ 6.00 % 0.75 % 8.52 % 11/19/2027 2,985,000 2,933,021 2,858,138 AP Core Holdings II LLC High Tech Industries Term Loan B2 Loan 1M USD LIBOR+ 5.50 % 0.75 % 8.02 % 9/1/2027 500,000 493,572 472,915 AP Core Holdings II LLC High Tech Industries Term Loan B1 Loan 1M USD LIBOR+ 5.50 % 0.75 % 8.02 % 9/1/2027 1,925,000 1,900,214 1,817,200 APEX GROUP TREASURY LIMITED Banking, Finance, Insurance & Real Estate Term Loan Incremental Loan 1M USD SOFR+ 5.00 % 0.50 % 6.73 % 7/27/2028 500,000 467,500 488,125 APi Group DE, Inc. (J2 Acquisition) Services: Business Term Loan B Loan 1M USD LIBOR+ 2.50 % 0.00 % 5.02 % 10/1/2026 1,928,237 1,921,239 1,896,305 APLP Holdings Limited Partnership Energy: Electricity Term Loan B (3/21) Loan 3M USD LIBOR+ 3.75 % 1.00 % 6.00 % 5/14/2027 577,859 573,198 571,000 Apollo Commercial Real Estate Finance, Inc. Banking, Finance, Insurance & Real Estate Term Loan B Loan 1M USD LIBOR+ 2.75 % 0.00 % 5.27 % 5/15/2026 2,954,315 2,925,168 2,836,142 Apollo Commercial Real Estate Finance, Inc. Banking, Finance, Insurance & Real Estate Term Loan B1 (2/21) Loan 1M USD LIBOR+ 3.50 % 0.50 % 5.94 % 3/6/2028 987,500 979,308 948,000 AppLovin Corporation High Tech Industries Term Loan B Loan 3M USD LIBOR+ 3.25 % 0.00 % 5.50 % 8/15/2025 984,694 984,694 964,646 Issuer Name Industry Asset Name Asset Reference Rate/Spread LIBOR Current Maturity Principal/ Cost Fair Value AppLovin Corporation High Tech Industries Term Loan (10/21) Loan 3M USD LIBOR+ 3.00 % 0.50 % 5.25 % 10/21/2028 1,496,250 1,492,933 1,452,305 Aramark Corporation Services: Consumer Term Loan Loan 1M USD LIBOR+ 1.75 % 0.00 % 4.27 % 1/15/2027 2,331,250 2,274,480 2,269,472 Aramark Corporation Services: Consumer Term Loan B (4/21) Loan 1M USD LIBOR+ 2.50 % 0.00 % 5.02 % 4/1/2028 1,753,715 1,746,448 1,740,562 ARC FALCON I INC. (a) Chemicals, Plastics, & Rubber Delayed Draw Term Loan Loan N/A N/A N/A N/A 9/29/2028 - (556 ) (7,112 ) ARC FALCON I INC. Chemicals, Plastics, & Rubber Term Loan Loan 1M USD LIBOR+ 3.75 % 0.50 % 6.27 % 9/23/2028 868,248 864,411 819,774 Arches Buyer Inc. Services: Consumer Term Loan B Loan 1M USD LIBOR+ 3.25 % 0.50 % 5.77 % 12/6/2027 1,484,848 1,476,025 1,399,782 Arctic Glacier U.S.A., Inc. Beverage, Food & Tobacco Term Loan (3/18) Loan 3M USD LIBOR+ 3.50 % 1.00 % 4.51 % 3/20/2024 - 6,733 - Aretec Group, Inc. Banking, Finance, Insurance & Real Estate Term Loan (10/18) Loan 1M USD SOFR+ 4.25 % 0.00 % 6.71 % 10/1/2025 1,926,183 1,922,154 1,880,437 ASP BLADE HOLDINGS, INC. Capital Equipment Term Loan Loan 1M USD LIBOR+ 4.00 % 0.50 % 6.52 % 10/7/2028 99,529 99,091 92,705 Asplundh Tree Expert, LLC Services: Business Term Loan 2/21 Loan 1M USD LIBOR+ 1.75 % 0.00 % 4.27 % 9/7/2027 982,500 978,862 966,947 AssuredPartners Capital, Inc. Banking, Finance, Insurance & Real Estate Term Loan B (2/20) Loan 1M USD LIBOR+ 3.50 % 0.00 % 6.02 % 2/12/2027 994,898 991,383 966,543 Assuredpartners Inc. Banking, Finance, Insurance & Real Estate Incremental Term Loan (7/21) Loan 1M USD LIBOR+ 3.50 % 0.50 % 6.02 % 2/12/2027 990,000 990,000 960,607 Assuredpartners Inc. Banking, Finance, Insurance & Real Estate Term Loan Loan 1M USD SOFR+ 3.50 % 0.50 % 5.96 % 2/12/2027 498,750 497,674 484,566 ASTRO ONE ACQUISITION CORPORATION Consumer goods: Durable Term Loan Loan 3M USD LIBOR+ 5.50 % 0.75 % 7.75 % 9/15/2028 2,985,000 2,958,780 2,497,460 Asurion, LLC Banking, Finance, Insurance & Real Estate Term Loan B8 Loan 1M USD LIBOR+ 3.25 % 0.00 % 5.77 % 12/18/2026 2,979,985 2,970,313 2,724,570 Asurion, LLC Banking, Finance, Insurance & Real Estate Term Loan B10 Loan 1M USD SOFR+ 4.00 % 0.00 % 6.40 % 8/19/2028 2,000,000 1,900,276 1,863,340 ATHENAHEALTH GROUP INC. (a) Healthcare & Pharmaceuticals Delayed Draw Term Loan (02/22) Loan N/A N/A N/A N/A 2/15/2029 - - (9,783 ) ATHENAHEALTH GROUP INC. Healthcare & Pharmaceuticals Term Loan B (2/22) Loan 1M USD SOFR+ 3.50 % 0.50 % 5.80 % 2/15/2029 1,282,609 1,276,829 1,224,891 Avast Software S.R.O. (Sybil Finance) High Tech Industries Term Loan (Sybil Software) Loan 3M USD LIBOR+ 1.75 % 0.00 % 4.00 % 3/22/2028 1,875,000 1,871,036 1,865,231 Avaya, Inc. Telecommunications Term Loan B1 Loan 1M USD LIBOR+ 4.25 % 0.00 % 6.64 % 12/15/2027 1,755,766 1,748,093 992,008 Avaya, Inc. Telecommunications Term Loan B-2 (2/21) Loan 1M USD LIBOR+ 4.00 % 0.00 % 6.39 % 12/15/2027 1,000,000 1,000,000 559,380 Avison Young (Canada) Inc Services: Business Term Loan Loan 3M USD LIBOR+ 5.75 % 0.00 % 8.00 % 1/31/2026 3,388,438 3,357,091 3,219,016 Avison Young (Canada) Inc Services: Business Term Loan (08/22) Loan 1M USD SOFR+ 7.00 % 0.00 % 9.49 % 1/31/2026 750,000 705,347 716,250 Avolon TLB Borrower 1 (US) LLC Capital Equipment Term Loan B3 Loan 1M USD LIBOR+ 1.75 % 0.75 % 4.12 % 1/15/2025 1,000,000 916,194 983,330 Avolon TLB Borrower 1 (US) LLC Capital Equipment Term Loan B5 (7/21) Loan 1M USD LIBOR+ 2.25 % 0.50 % 4.62 % 12/1/2027 492,500 488,674 483,512 AZURITY PHARMACEUTICALS, INC. Healthcare & Pharmaceuticals Term Loan B Loan 3M USD LIBOR+ 6.00 % 0.75 % 8.31 % 9/20/2027 487,500 474,379 433,875 B&G Foods, Inc. Beverage, Food & Tobacco Term Loan Loan 1M USD LIBOR+ 2.50 % 0.00 % 5.02 % 10/10/2026 706,458 702,199 673,121 B.C. Unlimited Liability Co (Burger King) Beverage, Food & Tobacco Term Loan B4 Loan 1M USD LIBOR+ 1.75 % 0.00 % 4.27 % 11/19/2026 1,462,500 1,434,644 1,418,318 BAKELITE UK INTERMEDIATE LTD. Chemicals, Plastics, & Rubber Term Loan Loan 3M USD SOFR+ 4.00 % 0.50 % 6.16 % 2/1/2029 1,000,000 995,200 955,000 Baldwin Risk Partners, LLC Banking, Finance, Insurance & Real Estate Term Loan Loan 1M USD LIBOR+ 3.50 % 0.50 % 5.88 % 10/14/2027 1,232,550 1,220,752 1,200,196 Bausch Health Companies Inc. Healthcare & Pharmaceuticals Term Loan B (1/22) Loan 1M USD SOFR+ 5.25 % 0.50 % 7.66 % 2/1/2027 2,000,000 1,795,000 1,590,000 BCPE Empire Holdings, Inc. Services: Business Term Loan Amendment 3 Loan 1M USD SOFR+ 4.63 % 0.00 % 7.18 % 6/11/2026 498,750 481,970 482,541 Belfor Holdings Inc. Services: Consumer Term Loan Loan 1M USD LIBOR+ 4.00 % 0.00 % 6.52 % 4/6/2026 246,819 246,653 243,117 Issuer Name Industry Asset Name Asset Reference Rate/Spread LIBOR Current Maturity Principal/ Cost Fair Value Belfor Holdings Inc. Services: Consumer Term Loan B-2 (3/22) Loan 1M USD SOFR+ 4.25 % 0.50 % 6.71 % 4/6/2026 1,000,000 972,460 985,000 Belron Finance US LLC Automotive Term Loan B (3/21) Loan 3M USD LIBOR+ 2.50 % 0.50 % 5.38 % 4/13/2028 1,975,000 1,958,729 1,942,294 Bengal Debt Merger Sub LLC Beverage, Food & Tobacco Term Loan Loan 1M USD SOFR+ 3.25 % 0.50 % 5.68 % 1/24/2029 2,000,000 1,998,507 1,914,280 Blackstone Mortgage Trust, Inc. Banking, Finance, Insurance & Real Estate Term Loan (6/21) Loan 1M USD LIBOR+ 2.75 % 0.50 % 5.27 % 4/23/2026 1,472,597 1,464,443 1,424,738 Blackstone Mortgage Trust, Inc. Banking, Finance, Insurance & Real Estate Term Loan B Loan 1M USD LIBOR+ 2.25 % 0.00 % 4.77 % 4/23/2026 984,810 979,466 951,573 Blucora, Inc. Services: Consumer Term Loan (11/17) Loan 3M USD LIBOR+ 4.00 % 1.00 % 6.25 % 5/22/2024 2,287,052 2,283,201 2,269,899 Blue Tree Holdings, Inc. Chemicals, Plastics, & Rubber Term Loan (2/21) Loan 3M USD LIBOR+ 2.50 % 0.00 % 4.76 % 3/4/2028 987,500 985,520 957,875 Bombardier Recreational Products, Inc. Consumer goods: Durable Term Loan (1/20) Loan 1M USD LIBOR+ 2.00 % 0.00 % 4.52 % 5/24/2027 1,462,549 1,455,033 1,408,801 Boxer Parent Company, Inc. High Tech Industries Term Loan (2/21) Loan 1M USD LIBOR+ 3.75 % 0.00 % 6.12 % 10/2/2025 519,820 519,820 500,675 Bracket Intermediate Holding Corp Healthcare & Pharmaceuticals Term Loan Loan 3M USD LIBOR+ 4.25 % 0.00 % 6.54 % 9/5/2025 962,500 960,298 940,844 BrightSpring Health Services (Phoenix Guarantor) Healthcare & Pharmaceuticals Term Loan B-3 Loan 1M USD LIBOR+ 3.50 % 0.00 % 5.94 % 3/5/2026 987,500 987,500 954,419 BroadStreet Partners, Inc. Banking, Finance, Insurance & Real Estate Term Loan B3 Loan 1M USD LIBOR+ 3.00 % 0.00 % 5.52 % 1/22/2027 2,963,947 2,959,109 2,870,256 Brookfield WEC Holdings Inc. Energy: Electricity Term Loan (1/21) Loan 1M USD LIBOR+ 2.75 % 0.50 % 5.27 % 8/1/2025 1,470,075 1,471,797 1,433,147 BROWN GROUP HOLDING, LLC Aerospace & Defense Term Loan B-2 Loan 1M USD SOFR+ 3.75 % 0.00 % 6.21 % 6/8/2029 500,000 487,659 492,410 Buckeye Partners, L.P. Utilities: Oil & Gas Term Loan (1/21) Loan 1M USD LIBOR+ 2.25 % 0.00 % 4.62 % 11/1/2026 1,960,138 1,949,299 1,927,168 BW Gas & Convenience Holdings LLC Beverage, Food & Tobacco Term Loan B Loan 1M USD LIBOR+ 3.50 % 0.50 % 6.02 % 3/31/2028 2,475,000 2,454,497 2,376,000 Callaway Golf Company Retail Term Loan B Loan 1M USD LIBOR+ 4.50 % 0.00 % 7.02 % 1/4/2026 678,750 671,259 676,490 Camping World, Inc. Retail Term Loan B (5/21) Loan 1M USD LIBOR+ 2.50 % 0.75 % 4.99 % 6/5/2028 2,500,000 2,263,750 2,332,825 CareerBuilder, LLC Services: Business Term Loan Loan 3M USD LIBOR+ 6.75 % 1.00 % 9.00 % 7/31/2023 5,393,388 5,296,559 3,437,152 CareStream Health, Inc. Containers, Packaging & Glass Term Loan B Loan 1M USD LIBOR+ 4.00 % 0.00 % 6.52 % 7/18/2026 982,278 975,165 958,949 Casa Systems, Inc Telecommunications Term Loan Loan 3M USD LIBOR+ 4.00 % 1.00 % 6.25 % 12/20/2023 1,383,625 1,380,672 1,170,893 Castle US Holding Corporation Media: Advertising, Printing & Publishing Term Loan B (USD) Loan 1M USD LIBOR+ 3.75 % 0.00 % 6.27 % 1/27/2027 1,971,757 1,961,464 1,651,347 CBI BUYER, INC. Consumer goods: Durable Term Loan Loan 1M USD LIBOR+ 3.25 % 0.50 % 5.65 % 1/6/2028 2,984,962 2,816,427 2,703,868 CCC Intelligent Solutions Inc. Services: Business Term Loan B Loan 3M USD LIBOR+ 2.25 % 0.50 % 4.50 % 9/16/2028 248,750 248,206 243,360 CCI Buyer, Inc Telecommunications Term Loan Loan 3M USD SOFR+ 4.00 % 0.75 % 6.05 % 12/17/2027 246,875 244,910 237,000 CCRR Parent, Inc. Healthcare & Pharmaceuticals Term Loan B Loan 3M USD LIBOR+ 3.75 % 0.75 % 6.01 % 3/5/2028 987,500 983,313 957,875 CCS-CMGC Holdings, Inc. Healthcare & Pharmaceuticals Term Loan Loan 1M USD LIBOR+ 5.50 % 0.00 % 8.02 % 9/25/2025 2,412,500 2,400,790 2,346,156 CDK GLOBAL, INC. High Tech Industries Term Loan B Loan 3M USD SOFR+ 4.50 % 0.50 % 6.61 % 7/6/2029 1,000,000 970,484 973,470 Cengage Learning, Inc. Media: Advertising, Printing & Publishing Term Loan B (6/21) Loan 6M USD LIBOR+ 4.75 % 1.00 % 7.81 % 7/14/2026 2,977,500 2,953,751 2,808,408 CENTURI GROUP, INC. Construction & Building Term Loan B Loan 1M USD LIBOR+ 2.50 % 0.50 % 5.02 % 8/27/2028 883,330 875,628 859,868 CenturyLink, Inc. Telecommunications Term Loan B (1/20) Loan 1M USD LIBOR+ 2.25 % 0.00 % 4.77 % 3/15/2027 3,909,849 3,904,921 3,675,258 Charlotte Buyer, Inc. Services: Business Term Loan B Loan 3M USD SOFR+ 5.25 % 0.00 % 7.98 % 2/3/2028 1,500,000 1,395,658 1,436,250 Chemours Company, (The) Chemicals, Plastics, & Rubber Term Loan Loan 1M USD LIBOR+ 1.75 % 0.00 % 4.28 % 4/3/2025 910,346 880,516 886,450 Churchill Downs Incorporated Hotel, Gaming & Leisure Term Loan B1 (3/21) Loan 1M USD LIBOR+ 2.00 % 0.00 % 4.53 % 3/17/2028 493,750 492,743 483,875 CIMPRESS PUBLIC LIMITED COMPANY Media: Advertising, Printing & Publishing USD Term Loan Loan 1M USD LIBOR+ 3.50 % 0.50 % 6.02 % 5/17/2028 1,990,000 1,895,264 1,895,475 CITADEL SECURITIES LP Banking, Finance, Insurance & Real Estate Term Loan B (01/21) Loan 1M USD SOFR+ 2.50 % 0.00 % 5.07 % 2/2/2028 4,937,500 4,933,271 4,823,345 Issuer Name Industry Asset Name Asset Reference Rate/Spread LIBOR Current Maturity Principal/ Cost Fair Value Clarios Global LP Automotive Term Loan B1 Loan 1M USD LIBOR+ 3.25 % 0.00 % 5.77 % 4/30/2026 1,267,812 1,260,246 1,232,313 Claros Mortgage Trust, Inc Banking, Finance, Insurance & Real Estate Term Loan B-1 (11/21) Loan 1M USD SOFR+ 4.50 % 0.50 % 6.89 % 8/9/2026 3,457,336 3,437,160 3,362,259 CLYDESDALE ACQUISITION HOLDINGS, INC. Containers, Packaging & Glass Term Loan B Loan 1M USD SOFR+ 4.18 % 0.50 % 6.73 % 4/13/2029 1,500,000 1,464,024 1,445,370 Cole Haan Consumer goods: Non-durable Term Loan B Loan 1M USD LIBOR+ 5.50 % 0.00 % 8.02 % 2/7/2025 900,000 895,403 801,000 Columbus McKinnon Corporation Capital Equipment Term Loan (4/21) Loan 3M USD LIBOR+ 2.75 % 0.50 % 5.06 % 5/14/2028 468,182 467,216 461,159 Conduent, Inc. Services: Business Term Loan B Loan 1M USD LIBOR+ 4.25 % 0.50 % 6.77 % 10/16/2028 995,000 986,079 961,001 Connect Finco SARL Telecommunications Term Loan (1/21) Loan 1M USD LIBOR+ 3.50 % 1.00 % 6.03 % 12/11/2026 2,932,500 2,820,172 2,840,859 Consolidated Communications, Inc. Telecommunications Term Loan B Loan 1M USD LIBOR+ 3.50 % 0.75 % 6.00 % 10/2/2027 2,714,005 2,502,915 2,417,174 CORAL-US CO-BORROWER LLC Telecommunications Term Loan B-5 Loan 1M USD LIBOR+ 2.25 % 0.00 % 4.64 % 1/31/2028 4,000,000 3,987,745 3,843,000 Corelogic, Inc. Services: Business Term Loan (4/21) Loan 1M USD LIBOR+ 3.50 % 0.50 % 6.02 % 6/2/2028 2,481,250 2,470,591 2,124,570 Cortes NP Acquisition Corp (Vertiv) Capital Equipment Term Loan 2/21 Loan 1M USD LIBOR+ 2.75 % 0.00 % 5.11 % 3/2/2027 1,970,000 1,970,000 1,895,298 COWEN INC. Banking, Finance, Insurance & Real Estate Term Loan Loan 6M USD LIBOR+ 3.25 % 0.00 % 4.63 % 3/24/2028 3,947,443 3,926,096 3,937,575 Creative Artists Agency, LLC Media: Diversified & Production Term Loan B2 (6/22) Loan 1M USD SOFR+ 4.25 % 1.00 % 6.58 % 11/27/2026 500,000 481,849 496,250 CROCS INC Consumer goods: Durable Term Loan Loan 6M USD SOFR+ 3.50 % 0.50 % 4.45 % 2/20/2029 2,992,500 2,876,557 2,876,541 Cross Financial Corp Banking, Finance, Insurance & Real Estate Term Loan B (3/21) Loan 1M USD LIBOR+ 4.00 % 0.75 % 6.56 % 9/15/2027 495,000 494,516 485,100 Crown Subsea Communications Holding, Inc. Construction & Building Term Loan (4/21) Loan 1M USD LIBOR+ 4.75 % 0.75 % 7.12 % 4/27/2027 2,404,110 2,384,446 2,339,992 CSC Holdings LLC (Neptune Finco Corp.) Media: Broadcasting & Subscription Term Loan B (03/17) Loan 1M USD LIBOR+ 2.25 % 0.00 % 4.64 % 7/15/2025 1,923,858 1,911,748 1,860,140 CSC Holdings LLC (Neptune Finco Corp.) Media: Broadcasting & Subscription Term Loan B Loan 1M USD LIBOR+ 2.25 % 0.00 % 4.64 % 1/15/2026 482,500 481,950 466,418 CSC Holdings LLC (Neptune Finco Corp.) Media: Broadcasting & Subscription Term Loan B-5 Loan 1M USD LIBOR+ 2.50 % 0.00 % 4.89 % 4/15/2027 487,500 487,500 469,321 CTS Midco, LLC High Tech Industries Term Loan B Loan 3M USD LIBOR+ 6.00 % 1.00 % 8.81 % 11/2/2027 1,970,000 1,924,044 1,871,500 Daseke Inc Transportation: Cargo Term Loan 2/21 Loan 1M USD LIBOR+ 4.00 % 0.75 % 6.37 % 3/5/2028 1,481,250 1,475,172 1,433,732 Dave & Buster’s Inc. Hotel, Gaming & Leisure Term Loan B (04/22) Loan 1M USD SOFR+ 5.00 % 0.50 % 7.56 % 6/29/2029 1,000,000 950,693 975,830 DCert Buyer, Inc. High Tech Industries Term Loan Loan 3M USD SOFR+ 4.00 % 0.00 % 6.90 % 10/16/2026 1,477,330 1,477,330 1,435,064 Dealer Tire, LLC Automotive Term Loan B-1 Loan N/A N/A N/A N/A 12/12/2025 - 3,271 - Delek US Holdings, Inc. Utilities: Oil & Gas Term Loan B Loan 1M USD LIBOR+ 2.25 % 0.00 % 4.77 % 3/31/2025 6,282,700 6,247,776 6,121,172 DexKo Global, Inc. (Dragon Merger) Automotive Term Loan (9/21) Loan 3M USD LIBOR+ 3.75 % 0.50 % 6.00 % 10/4/2028 997,500 993,803 952,613 Diamond Sports Group, LLC Media: Broadcasting & Subscription 1st Priority Term Loan Loan 1M USD SOFR+ 8.00 % 1.00 % 10.39 % 5/25/2026 344,068 334,615 323,317 Diamond Sports Group, LLC Media: Broadcasting & Subscription Second Lien Term Loan Loan 1M USD SOFR+ 3.25 % 0.00 % 5.64 % 8/24/2026 3,391,925 2,990,484 615,397 DIRECTV FINANCING, LLC Media: Broadcasting & Subscription Term Loan Loan 1M USD LIBOR+ 5.00 % 0.75 % 7.52 % 8/2/2027 3,730,000 3,698,538 3,561,218 DISCOVERY PURCHASER CORPORATION Chemicals, Plastics, & Rubber Term Loan Loan 1M USD SOFR+ 4.38 % 0.50 % 6.66 % 8/4/2029 1,500,000 1,380,000 1,404,375 Dispatch Acquisition Holdings, LLC Environmental Industries Term Loan B (3/21) Loan 3M USD LIBOR+ 4.25 % 0.75 % 6.50 % 3/25/2028 495,000 490,975 455,400 DOMTAR CORPORATION Forest Products & Paper Term Loan 9/21 Loan 1M USD LIBOR+ 5.50 % 0.75 % 7.88 % 11/30/2028 836,442 828,718 794,101 Issuer Name Industry Asset Name Asset Reference Rate/Spread LIBOR Current Maturity Principal/ Cost Fair Value DRI HOLDING INC. Media: Advertising, Printing & Publishing Term Loan (12/21) Loan 1M USD LIBOR+ 5.25 % 0.50 % 7.77 % 12/15/2028 3,992,500 3,840,856 3,528,372 DRW Holdings, LLC Banking, Finance, Insurance & Real Estate Term Loan (2/21) Loan 1M USD LIBOR+ 3.75 % 0.00 % 6.27 % 3/1/2028 6,435,000 6,393,630 6,187,639 DTZ U.S. Borrower, LLC Construction & Building Term Loan Loan 1M USD LIBOR+ 2.75 % 0.00 % 5.27 % 8/21/2025 3,856,286 3,847,221 3,750,239 EAB Global, Inc. Services: Business Term Loan (08/21) Loan 3M USD LIBOR+ 3.50 % 0.50 % 6.31 % 8/16/2028 995,000 990,615 955,449 Echo Global Logistics, Inc. Services: Business Term Loan Loan 1M USD LIBOR+ 3.50 % 0.50 % 6.02 % 11/23/2028 1,995,000 1,990,717 1,876,298 Edelman Financial Group Inc., The Banking, Finance, Insurance & Real Estate Term Loan B (3/21) Loan 1M USD LIBOR+ 3.50 % 0.75 % 6.02 % 4/7/2028 2,199,656 2,192,530 2,106,963 Electrical Components Inter., Inc. Capital Equipment Term Loan (6/18) Loan 1M USD LIBOR+ 4.25 % 0.00 % 6.77 % 6/26/2025 1,898,396 1,898,396 1,779,746 ELECTRON BIDCO INC. Healthcare & Pharmaceuticals Term Loan Loan 1M USD LIBOR+ 3.00 % 0.50 % 5.52 % 11/1/2028 498,750 496,532 485,503 ELO Touch Solutions, Inc. Media: Diversified & Production Term Loan (12/18) Loan 1M USD LIBOR+ 6.50 % 0.00 % 9.02 % 12/14/2025 2,175,269 2,112,860 2,113,643 Embecta Corp Healthcare & Pharmaceuticals Term Loan B Loan 3M USD SOFR+ 3.00 % 0.50 % 5.05 % 3/30/2029 618,016 614,508 603,079 Endo Luxembourg Finance Company I S.a.r.l. Healthcare & Pharmaceuticals Term Loan (3/21) Loan 1M USD LIBOR+ 5.00 % 0.75 % 9.50 % 3/27/2028 2,335,285 2,327,697 2,034,617 Endure Digital, Inc. High Tech Industries Term Loan B Loan 1M USD LIBOR+ 3.50 % 0.75 % 5.87 % 2/10/2028 2,475,000 2,465,018 2,315,684 Envision Healthcare Corporation Healthcare & Pharmaceuticals Term Loan B (06/18) Loan 2M USD LIBOR+ 3.75 % 0.00 % 6.56 % 10/10/2025 4,819,794 4,815,720 1,247,893 EOS U.S. FINCO LLC T
SLF JV [Member]
Investments [Line Items]
Investments	Note 5. Investment in SLF JV On October 26, 2021, the Company and TJHA entered into the LLC Agreement to co-manage SLF JV. SLF JV is invested in SLF 2021, which is a wholly owned subsidiary of SLF JV. SLF 2021 was formed for the purpose of making investments in a diversified portfolio of broadly syndicated first lien and second lien term loans or bonds in the primary and secondary markets. The Company and TJHA have equal voting interest on all material decisions with respect to SLF JV, including those involving its investment portfolio, and equal control of corporate governance. No management fee is charged to SLF JV as control and management of SLF JV is shared equally. The Company and TJHA have committed to provide up to a combined $50.0 million of financing to SLF JV through cash contributions, with the Company providing $43.75 million and TJHA providing $6.25 million, resulting in an 87.5% and 12.5% ownership between the two parties. The financing is issued in the form of an unsecured note and equity. The unsecured note will pay a fixed rate of 10.0% per annum and is due and payable in full on June 15, 2023. As of August 31, 2022, the Company and TJHA’s investment in SLF JV consisted of an unsecured note of $14.1 million and $2.0 million, respectively; and membership interest of $14.1 million and $2.0 million, respectively. As of August 31, 2022 and February 28, 2022, the Company’s investment in the unsecured note of SLF JV had a fair value of $14.1 million and $13.1 million, respectively, and the Company’s investment in the membership interests of SLF JV had a fair value of $6.7 million and $12.0 million, respectively. As of August 31, 2022, the Company earned $0.7 million of interest income related to SLF JV, which is included in interest income. As of August 31, 2022 and February 28, 2022, $0.00 million and $0.09 million, respectively, of interest income related to SLF JV was included in interest receivable. SLF JV’s investment in SLF 2021 is in the form of an unsecured loan. The unsecured note will pay a floating rate of LIBOR plus 7.00% per annum and is due and payable in full on June 9, 2023. As of August 31, 2022, SLF JV’s investment in SLF 2021 had an aggregate fair value of approximately $23.7 million. The Company has determined that SLF JV is an investment company under ASC 946; however, in accordance with such guidance the Company will generally not consolidate its investment in a company other than a wholly-owned investment company subsidiary. SLF JV is not a wholly-owned investment company subsidiary as the Company and TJHA each have an equal 50% voting interest in SLF JV and thus neither party has a controlling financial interest. Furthermore, ASC 810, Consolidation

Income Taxes

Income Taxes	6 Months Ended
	Aug. 31, 2022
Income Tax Disclosure [Abstract]
Income Taxes	Note 6. Income Taxes SIA-ARC, Inc., SIA-Avionte, Inc., SIA-AX, Inc., SIA-GH, Inc., SIA-MAC, Inc., SIA-PP Inc., SIA-TG, Inc., SIA-TT Inc., SIA-Vector, Inc., and SIA-VR, Inc. each 100% owned by the Company, are each filing standalone C Corporation tax returns for federal and state tax purposes. As separately regarded entities for tax purposes, these entities are taxed at normal corporate rates. For tax purposes, any distributions by the entities to the parent company would generally need to be distributed to the Company’s shareholders. Generally, such distributions of the entities’ income to the Company’s shareholders will be considered as qualified dividends for tax purposes. The entities’ taxable net income will differ from U.S. GAAP net income because of deferred tax temporary differences arising from net operating losses and unrealized appreciation and deprecation of securities held. Deferred tax assets and liabilities are measured using enacted corporate federal and state tax rates expected to apply to taxable income in the years in which those net operating losses are utilized and the unrealized gains and losses are realized. Deferred tax assets and deferred tax liabilities are netted off by entity, as allowed. The recoverability of deferred tax assets is assessed and a valuation allowance is recorded to the extent that it is more likely than not that any portion of the deferred tax asset will not be realized on the basis of a history of operating losses combined with insufficient projected taxable income or other taxable events in the taxable blockers. In February 2022, SIA-GH, Inc., SIA-TT Inc. and SIA-VR, Inc. received an approved plan of liquidation following the sale of equity held by each of the portfolio companies. The Company may distribute a portion of its realized net long term capital gains in excess of realized net short term capital losses to its stockholders, but may also decide to retain a portion, or all, of its net capital gains and elect to pay the 21% U.S. federal tax on the net capital gain, potentially in the form of a “deemed distribution” to its stockholders. Income tax (provision) relating to an election to retain its net capital gains, including in the form of a deemed distribution, is included as a component of income tax (provision) benefit from realized gains on investments, depending on the character of the underlying taxable income (ordinary or capital gains), on the consolidated statements of operations. Deferred tax assets and liabilities, and related valuation allowance as of August 31, 2022 and February 28, 2022 were as follows: August 31, February 28, Total deferred tax assets $ 2,157,850 $ 1,991,241 Total deferred tax liabilities (1,885,601 ) (1,293,496 ) Valuation allowance on net deferred tax assets (1,982,564 ) (1,946,760 ) Net deferred tax liability $ (1,710,315 ) $ (1,249,015 ) As of August 31, 2022, the valuation allowance on deferred tax assets was $2.0 million, which represents the federal and state tax effect of net operating losses and unrealized losses that we do not believe we will realize through future taxable income. Any adjustments to the Company’s valuation allowance will depend on estimates of future taxable income and will be made in the period such determination is made. Net income tax expense for the three months ended August 31, 2022 includes $0.2 million deferred tax expense (benefit) on net change in unrealized appreciation (depreciation) on investments, and ($0.1) million net change in total operating expense, in the consolidated statement of operations, respectively. Net income tax expense for the three months ended August 31, 2021 includes $1.3 million net change in unrealized appreciation (depreciation) on investments and $0.4 million income tax provision from realized gain on investments and $0.03 million net change in total operating expense,, in the consolidated statement of operations, respectively. Net income tax expense for the six months ended August 31, 2022 includes $0.6 million deferred tax expense on net change in unrealized appreciation on investments, ($0.07) million income tax provision/(benefit) from realized gain/(loss) on investments and ($0.1) million net change in total operating expense, in the consolidated statement of operations, respectively. Net income tax expense for the six months ended August 31, 2021 includes $1.6 million net change in unrealized appreciation (depreciation) on investments $0.4 million income tax provision from realized gain on investments and $0.03 million net change in total operating expense,, in the consolidated statement of operations, respectively. Deferred tax temporary differences may include differences for state taxes and joint venture interests. Federal and state income tax (provisions) benefit on investments for three and six months ended August 31, 2022 and August 31, 2021: For the three months ended For the six months ended August 31, August 31, August 31, August 31, Current Federal $ (3,674 ) $ 425,828 $ (217,516 ) $ - State (55 ) 50,694 78,448 - Net current expense (3,729 ) 476,522 (139,068 ) - Deferred Federal 89,409 1,111,006 385,480 127,850 State 42,583 220,748 75,819 130,213 Net deferred expense 131,992 1,331,754 461,299 258,063 Net tax provision $ 128,263 $ 1,808,276 $ 322,231 $ 258,063

Agreements and Related Party Tr

Agreements and Related Party Transactions	6 Months Ended
	Aug. 31, 2022
Related Party Transactions [Abstract]
Agreements and Related Party Transactions	Note 7. Agreements and Related Party Transactions Investment Advisory and Management Agreement On July 30, 2010, the Company entered into the Management Agreement with our Manager. The initial term of the Management Agreement was two years from its effective date, with one-year renewals thereafter subject to certain approvals by our board of directors and/or the Company’s stockholders. Most recently, on July 5, 2022, our board of directors approved the renewal of the Management Agreement for an additional one-year term. Pursuant to the Management Agreement, our Manager implements our business strategy on a day-to-day basis and performs certain services for us, subject to oversight by our board of directors. Our Manager is responsible for, among other duties, determining investment criteria, sourcing, analyzing and executing investments transactions, asset sales, financings and performing asset management duties. Under the Management Agreement, we have agreed to pay our Manager a management fee for investment advisory and management services consisting of a base management fee and an incentive management fee. Base Management Fee and Incentive Management Fee The base management fee of 1.75% per year is calculated based on the average value of our gross assets (other than cash or cash equivalents, but including assets purchased with borrowed funds) at the end of the two most recently completed fiscal quarters. The base management fee is paid quarterly following the filing of the most recent quarterly report on Form 10-Q. The incentive management fee consists of the following two parts: The first, payable quarterly in arrears, equals 20.0% of our pre-incentive fee net investment income, expressed as a rate of return on the value of our net assets at the end of the immediately preceding quarter, that exceeds a 1.875% quarterly hurdle rate measured as of the end of each fiscal quarter, subject to a “catch-up” provision. Under this provision, in any fiscal quarter, our Manager receives no incentive fee unless our pre-incentive fee net investment income exceeds the hurdle rate of 1.875%. Our Manager will receive 100.0% of pre-incentive fee net investment income, if any, that exceeds the hurdle rate but is less than or equal to 2.344% in any fiscal quarter; and 20.0% of the amount of our pre-incentive fee net investment income, if any, that exceeds 2.344% in any fiscal quarter. There is no accumulation of amounts on the hurdle rate from quarter to quarter, and accordingly there is no claw back of amounts previously paid if subsequent quarters are below the quarterly hurdle rate, and there is no delay of payment if prior quarters are below the quarterly hurdle rate. The second part of the incentive fee is determined and payable in arrears as of the end of each fiscal year (or upon termination of the Management Agreement) and equals 20.0% of our “incentive fee capital gains,” which equals our realized capital gains on a cumulative basis from May 31, 2010 through the end of the fiscal year, if any, computed net of all realized capital losses and unrealized capital depreciation on a cumulative basis on each investment in the Company’s portfolio, less the aggregate amount of any previously paid capital gain incentive fee. Importantly, the capital gains portion of the incentive fee is based on realized gains and realized and unrealized losses from May 31, 2010. Therefore, realized and unrealized losses incurred prior to such time will not be taken into account when calculating the capital gains portion of the incentive fee, and our Manager will be entitled to 20.0% of incentive fee capital gains that arise after May 31, 2010. In addition, for the purpose of the “incentive fee capital gains” calculations, the cost basis for computing realized gains and losses on investments held by us as of May 31, 2010 will equal the fair value of such investments as of such date. For the three months ended August 31, 2022 and August 31, 2021, the company incurred $4.1 million and $3.0 million in base management fees, respectively. For the three months ended August 31, 2022 and 2021, the Company incurred $1.7 million and $1.7 million in incentive fees related to pre-incentive fee net investment income, respectively. For the three months ended August 31, 2022 and August 31, 2021, the Company accrued a (benefit) of $(1.1) million and an expense of $0.3 million in incentive fees related to capital gains. For the six months ended August 31, 2022 and August 31, 2021, the company incurred $7.9 million and $5.8 million in base management fees, respectively. For the six months ended August 31, 2022 and August 31, 2021, the Company incurred $1.7 million and $3.2 million in incentive fees related to pre-incentive fee net investment income, respectively. For the six months ended August 31, 2022 and August 31, 2021, the Company accrued a (benefit) of ($3.0) million and an expense of $4.0 million in incentive fees related to capital gains. The accrual is calculated using both realized and unrealized capital gains for the period. The actual incentive fee related to capital gains will be determined and payable in arrears at the end of the fiscal year and will include only realized capital gains for the period. As of August 31, 2022, the base management fees accrual was $4.1 million and the incentive fees accrual was $5.4 million and is included in base management and incentive fees payable in the accompanying consolidated statements of assets and liabilities. As of February 28, 2022, the base management fees accrual was $3.2 million and the incentive fees accrual was $9.8 million and is included in base management and incentive fees payable in the accompanying consolidated statements of assets and liabilities. Administration Agreement On July 30, 2010, the Company entered into a separate administration agreement (the “Administration Agreement”) with our Manager, pursuant to which our Manager, as our administrator, has agreed to furnish us with the facilities and administrative services necessary to conduct our day-to-day operations and provide managerial assistance on our behalf to those portfolio companies to which we are required to provide such assistance. The initial term of the Administration Agreement was two years from its effective date, with one-year renewals thereafter subject to certain approvals by our board of directors and/or our stockholders. The amount of expenses payable or reimbursable thereunder by the Company was capped at $1.0 million for the initial two-year term of the Administration Agreement and subsequent renewals. On July 8, 2015, our board of directors approved the renewal of the Administration Agreement for an additional one-year term and determined to increase the cap on the payment or reimbursement of expenses by the Company thereunder, which had not been increased since the inception of the agreement, to $1.3 million. On July 7, 2016, our board of directors approved the renewal of the Administration Agreement for an additional one-year term. On October 5, 2016, our board of directors determined to increase the cap on the payment or reimbursement of expenses by the Company under the Administration Agreement, from $1.3 million to $1.5 million, effective November 1, 2016. On July 11, 2017, our board of directors approved the renewal of the Administration Agreement for an additional one-year term and determined to increase the cap on the payment or reimbursement of expenses by the Company from $1.5 million to $1.75 million, effective August 1, 2017. On July 9, 2018, our board of directors approved the renewal of the Administration Agreement for an additional one-year term and determined to increase the cap on the payment or reimbursement of expenses by the Company from $1.75 million to $2.0 million, effective August 1, 2018. On July 9, 2019, our board of directors approved the renewal of the Administration Agreement for an additional one-year term and determined to increase the cap on the payment or reimbursement of expenses by the Company from $2.0 million to $2.225 million effective August 1, 2019. On July 7, 2020, our board of directors approved the renewal of the Administration Agreement for an additional one-year term and determined to increase the cap on the payment or reimbursement of expenses by the Company from $2.225 million to $2.775 million effective August 1, 2020. On July 6, 2021, our board of directors approved the renewal of the Administration Agreement for an additional one-year term and determined to increase the cap on the payment or reimbursement of expenses by the Company from $2.775 million to $3.0 million effective August 1, 2021. On July 5, 2022, our board of directors approved the renewal of the Administration Agreement for an additional one-year term and determined to increase the cap on the payment or reimbursement of expenses by the Company from $3.0 million to $3.275 million effective August 1, 2022 For the three months ended August 31, 2022 and August 31, 2021, we recognized $0.8 million and $0.7 million in administrator expenses, respectively, pertaining to bookkeeping, record keeping and other administrative services provided to us in addition to our allocable portion of rent and other overhead related expenses. For the six months ended August 31, 2022 and August 31, 2021, we recognized $1.5 million and $1.4 million in administrator expenses, respectively, pertaining to bookkeeping, record keeping and other administrative services provided to us in addition to our allocable portion of rent and other overhead related expenses. As of August 31, 2022, $0.2 million of administrator expenses were accrued and included in due to manager in the accompanying consolidated statements of assets and liabilities. As of February 28, 2022, $0.3 million of administrator expenses were accrued and included in due to manager in the accompanying consolidated statements of assets and liabilities. Saratoga CLO On December 14, 2018, the Company completed the third refinancing and issuance of the 2013-1 Reset CLO Notes. This refinancing, among other things, extended the Saratoga CLO reinvestment period to January 2021, and extended its legal maturity to January 2030. A non-call period ending January 2020 was also added. In addition, and as part of the refinancing, the Saratoga CLO has also been upsized from $300 million in assets to approximately $500 million. As part of this refinancing and upsizing, the Company invested an additional $13.8 million in all of the newly issued subordinated notes of the Saratoga CLO, and purchased $2.5 million in aggregate principal amount of the Class F-R-2 Notes tranche and $7.5 million in aggregate principal amount of the Class G-R-2 Notes tranche at par. Concurrently, the existing $4.5 million of Class F notes and $20.0 million CLO 2013-1 Warehouse Loan were repaid. The Company also paid $2.0 million of transaction costs related to the refinancing and upsizing on behalf of the Saratoga CLO, to be reimbursed from future equity distributions. During the year ended February 29, 2020, the Company received full payment of $1.7 million from the Saratoga CLO for such transaction costs. In conjunction with the third refinancing and issuance of the 2013-1 Reset CLO Notes on December 14, 2018, the Company is no longer entitled to receive an incentive management fee from Saratoga CLO. See Note 4 for additional information. On February 26, 2021, the Company completed the fourth refinancing of the Saratoga CLO. This refinancing, among other things, extended the Saratoga CLO reinvestment period to April 2024, and extended its legal maturity to April 2033. The non-call period was extended to February 2022. In addition, and as part of the refinancing, the Saratoga CLO has also been upsized from $500 million in assets to approximately $650 million. As part of this refinancing and upsizing, the Company invested an additional $14.0 million in all of the newly issued subordinated notes of the Saratoga CLO, and purchased $17.9 million in aggregate principal amount of the Class F-R-3 Notes tranche at par. Concurrently, the existing $2.5 million of Class F-R-2 Notes, $7.5 million of Class G-R-2 Notes and $25.0 million CLO 2013-1 Warehouse 2 Loan were repaid. The Company also paid $2.6 million of transaction costs related to the refinancing and upsizing on behalf of the Saratoga CLO, to be reimbursed from future equity distributions. At August 31, 2021, the outstanding receivable of 2.6 million was repaid in full. On August 9, 2021, the Company exchanged its existing $17.9 million Class F-R-3 Notes for $8.5 million Class F-1-R-3 Notes and $9.4 million Class F-2-R-3 Notes at par. On August 11, 2021, the Company sold its Class F-1-R-3 Notes to third parties, resulting in a realized loss of $0.1 million. For the three months ended August 31, 2022 and August 31, 2021, we recognized management fee income of $0.8 million and $0.8 million, respectively, related to the Saratoga CLO. For the six months ended August 31, 2022 and August 31, 2021, we recognized management fee income of $1.6 million and $1.6 million, respectively, related to the Saratoga CLO. For the six months ended August 31, 2022 and August 31, 2021, the Company neither bought nor sold any investments from the Saratoga CLO. SLF JV On October 26, 2021, the Company and TJHA entered into an LLC Agreement to co-manage the SLF JV. SLF JV is a joint venture that is expected to invest in the debt or equity interests of collateralized loan obligations, loan, notes and other debt instruments. As of August 31, 2022, the Company’s investment in the SLF JV had a fair value of $20.8 million, consisting of an unsecured loan of $14.1 million and membership interest of $6.7 million. In addition, the Company has a receivable of $0.02 million outstanding from the SLF JV, included in Due from Affiliate in the consolidated statements of assets and liabilities.

Borrowings

Borrowings	6 Months Ended
	Aug. 31, 2022
Debt Disclosure [Abstract]
Borrowings	Note 8. Borrowings Credit Facility As a BDC, we are only allowed to employ leverage to the extent that our asset coverage, as defined in the 1940 Act, equals at least 200% after giving effect to such leverage, or, 150% if certain requirements under the 1940 Act are met. On April 16, 2018, as permitted by the Small Business Credit Availability Act, which was signed into law on March 23, 2018, our board of directors, including a majority of our directors who are not “interested persons” (as defined in Section 2(a)(19) of the 1940 Act”) of the Company (“independent directors”), approved a minimum asset coverage ratio of 150%. The 150% asset coverage ratio became effective on April 16, 2019. The amount of leverage that we employ at any time depends on our assessment of the market and other factors at the time of any proposed borrowing. Our asset coverage ratio, as defined in the 1940 Act, was 184.2% as of August 31, 2022 and 209.3% as of February 28, 2022. On April 11, 2007, we entered into a $100.0 million revolving securitized credit facility (the “Revolving Facility”). On May 1, 2007, we entered into a $25.7 million term securitized credit facility (the “Term Facility” and, together with the Revolving Facility, the “Facilities”), which was fully drawn at closing. In December 2007, we consolidated the Facilities by using a draw under the Revolving Facility to repay the Term Facility. In response to the market wide decline in financial asset prices, which negatively affected the value of our portfolio, we terminated the revolving period of the Revolving Facility effective January 14, 2009 and commenced a two-year amortization period during which all principal proceeds from the collateral were used to repay outstanding borrowings. A significant percentage of our total assets had been pledged under the Revolving Facility to secure our obligations thereunder. Under the Revolving Facility, funds were borrowed from or through certain lenders and interest was payable monthly at the greater of the commercial paper rate and our lender’s prime rate plus 4.00% plus a default rate of 2.00% or, if the commercial paper market was unavailable, the greater of the prevailing LIBOR rates and our lender’s prime rate plus 6.00% plus a default rate of 3.00%. On July 30, 2010, we used the net proceeds from (i) the stock purchase transaction and (ii) a portion of the funds available to us under the $45.0 million senior secured revolving credit facility with Madison Capital Funding LLC (the “Madison Credit Facility”), in each case, to pay the full amount of principal and accrued interest, including default interest, outstanding under the Revolving Facility. As a result, the Revolving Facility was terminated in connection therewith. Substantially all of our total assets, other than those held by SBIC LP and SBIC II LP, was pledged under the Madison Credit Facility to secure our obligations thereunder. On February 24, 2012, we amended the Madison Credit Facility to, among other things: ● expand the borrowing capacity under the Madison Credit Facility from $40.0 million to $45.0 million; ● extend the period during which we may make and repay borrowings under the Madison Credit Facility from July 30, 2013 to February 24, 2015 (the “Revolving Period”). The Revolving Period may, upon the occurrence of an event of default, by action of the lenders or automatically, be terminated. All borrowings and other amounts payable under the Madison Credit Facility are due and payable five years after the end of the Revolving Period; and ● remove the condition that we may not acquire additional loan assets without the prior written consent of Madison Capital Funding LLC. On September 17, 2014, we entered into a second amendment to the Madison Credit Facility to, among other things: ● extend the commitment termination date from February 24, 2015 to September 17, 2017; ● extend the maturity date of the Madison Credit Facility from February 24, 2020 to September 17, 2022 (unless terminated sooner upon certain events); ● reduce the applicable margin rate on base rate borrowings from 4.50% to 3.75%, and on LIBOR borrowings from 5.50% to 4.75%; and ● reduce the floor on base rate borrowings from 3.00% to 2.25%, and on LIBOR borrowings from 2.00% to 1.25%. On May 18, 2017, we entered into a third amendment to the Madison Credit Facility to, among other things: ● extend the commitment termination date from September 17, 2017 to September 17, 2020; ● extend the final maturity date of the Madison Credit Facility from September 17, 2022 to September 17, 2025 (unless terminated sooner upon certain events); ● reduce the floor on base rate borrowings from 2.25% to 2.00%; ● reduce the floor on LIBOR borrowings from 1.25% to 1.00%; and ● reduce the commitment fee rate from 0.75% to 0.50% for any period during which the ratio of advances outstanding to aggregate commitments, expressed as a percentage, is greater than or equal to 50%. On April 24, 2020, we entered into a fourth amendment to the Madison Credit Facility to, among other things: ● permit certain amendments related to the Paycheck Protection Program (“Permitted PPP Amendment”) to Loan Asset Documents; ● exclude certain debt and interest amounts allowed by the Permitted PPP Amendments from certain calculations related to Net Leverage Ratio, Interest Coverage Ratio and EBITDA; and ● exclude such Permitted PPP Amendments from constituting a Material Modification. On September 14, 2020, we entered into a fifth amendment to the Madison Credit Facility to, among other things: ● extend the commitment termination date of the Madison Credit Facility from September 17, 2020 to September 17, 2021, with no change to the maturity date of September 17, 2025. ● provide for the transition away from the LIBOR Rate in the market, and ● expand the definition of “Eligible Loan Asset” to allow investments with certain recurring revenue features to qualify as collateral and be included in the borrowing base. On September 13, 2021, we entered into a sixth amendment to the Madison Credit Facility to, among other things: ● Extend the commitment termination date of the Madison Credit Facility from September 17, 2021 to October 1, 2021, with no change to maturity date of September 17, 2025. On October 4, 2021, all outstanding amounts on the Madison Credit Facility were repaid and the Madison Credit Facility was terminated. The repayment and termination of the Madison Credit Facility resulted in a realized loss on the extinguishment of debt of $0.8 million. On October 4, 2021, the Company entered into a $50.0 million senior secured revolving credit facility with the Lender, supported by loans held by SIF II and pledged to the Encina Credit Facility. During the first two years following the closing date, SIF II may request an increase in the commitment amount to up to $75.0 million. The terms of the Encina Credit Facility require a minimum drawn amount of $12.5 million at all times during the first six months following the closing date, which increases to the greater of $25.0 million or 50% of the commitment amount in effect at any time thereafter. The term of the Encina Credit Facility is three years. Advances under the Encina Credit Facility bear interest at a floating rate per annum equal to LIBOR plus 4.0%, with LIBOR having a floor of 0.75%, with customary provisions related to the selection by the Lender and the Company of a replacement benchmark rate. The commitment termination date is October 4, 2024. In addition to any fees or other amounts payable under the terms of the Encina Credit Facility, an administrative agent fee per annum equal to $0.1 million is payable in equal monthly installments in arrears. As of August 31, 2022 and February 28, 2022, there were $25.0 million and $12.5 million outstanding under the Encina Credit Facility. During the applicable periods, the Company was in compliance with all of the limitations and requirements of the Encina Credit Facility. Financing costs of $1.4 million related to the Encina Credit Facility have been capitalized and are being amortized over the term of the Encina Credit Facility. For the three months ended August 31, 2022 and August 31, 2021, we recorded $0.4 million and $0.2 million of interest expense related to the Encina Credit Facility and the Madison Credit Facility, respectively, which includes commitment and administrative agent fees. For the three months ended August 31, 2022 and August 31, 2021, we recorded $0.1 million and $0.05 million of amortization of deferred financing costs related to the Encina Credit Facility and the Madison Credit Facility, respectively. Interest expense and amortization of deferred financing costs are reported as interest and debt financing expense on the consolidated statements of operations. During the three months ended August 31, 2022, the weighted average interest rate on the outstanding borrowings under the Encina Credit Facility was 5.83%, and the average dollar amount of outstanding borrowings under the Encina Credit Facility was $25.0 million. For the six months ended August 31, 2022 and August 31, 2021, we recorded $0.7 million and $0.4 million of interest expense related to the Encina Credit Facility and the Madison Credit Facility, respectively, which includes commitment and administrative agent fees. For the six months ended August 31, 2022 and August 31, 2021, we recorded $0.2 million and $0.08 million of amortization of deferred financing costs related to the Encina Credit Facility and the Madison Credit Facility, respectively. Interest expense and amortization of deferred financing costs are reported as interest and debt financing expense on the consolidated statements of operations. During the six months ended August 31, 2022, the weighted average interest rate on the outstanding borrowings under the Encina Credit Facility was 5.40%, and the average dollar amount of outstanding borrowings under the Encina Credit Facility was $22.5 million. The Encina Credit Facility contains limitations as to how borrowed funds may be used, such as restrictions on industry concentrations, asset size, weighted average life, currency denomination and collateral interests. The Encina Credit Facility also includes certain requirements relating to portfolio performance, the violation of which could result in the limit of further advances and, in some cases, result in an event of default, allowing the lenders to accelerate repayment of amounts owed thereunder. Availability on the Encina Credit Facility will be subject to a borrowing base calculation, based on, among other things, applicable advance rates (which vary from 50.0% to 75.0% of par or fair value depending on the type of loan asset) and the value of certain “eligible” loan assets included as part of the borrowing base. The Company will pay the lender a commitment fee of 0.75% per year (or 0.50% if the ratio of advances outstanding to aggregate commitments is greater than or equal to 50%) on the unused amount of the Encina Credit Facility. Our borrowing base under the Encina Credit Facility was $50.3 million subject to the Encina Credit Facility cap of $50.0 million at August 31, 2022. For purposes of determining the borrowing base, most assets are assigned the values set forth in our most recent Annual Report on Form 10-K or Quarterly Report on Form 10-Q filed with the SEC. Accordingly, the August 31, 2022 borrowing base relies upon the valuations set forth in the Quarterly Report on Form 10-Q for the period ended May 31, 2022. The valuations presented in this Quarterly Report on Form 10-Q will not be incorporated into the borrowing base until after this Quarterly Report on Form 10-Q is filed with the SEC. SBA Debentures Our wholly owned SBIC subsidiaries are able to borrow funds from the SBA against regulatory capital (which generally approximates equity capital in respective SBIC) and is subject to customary regulatory requirements, including, but not limited to, a periodic examination by the SBA. On August 14, 2019, the Company’s wholly owned subsidiary, SBIC II LP, received an SBIC license from the SBA. SBIC II LP’s SBIC license provides up to $175.0 million in additional long-term capital in the form of SBA debentures. As a result of the 2016 omnibus spending bill signed into law in December 2015, the maximum amount of SBA-guaranteed debentures that affiliated SBIC funds can have outstanding was increased from $225.0 million to $350.0 million, subject to SBA approval. With this license approval, Saratoga can grow its SBA relationship from $150.0 million to $325.0 million of committed capital. As of August 31, 2022, we have funded SBIC LP and SBIC II LP with an aggregate total of equity capital of $75.0 million and $87.5 million, respectively, and have $233.7 million in SBA-guaranteed debentures outstanding, of which $67.7 million is held in SBIC LP and $166.0 million held in SBIC II LP. SBA debentures are non-recourse to us, have a 10-year maturity, and may be prepaid at any time without penalty. The interest rate of SBA debentures is fixed at the time of issuance, often referred to as pooling, at a market-driven spread over 10-year U.S. Treasury Notes. SBA current regulations limit the amount that SBIC LP and SBIC II LP may borrow to a maximum of $150.0 million and $175.0 million, respectively, which is up to twice its potential regulatory capital. During the three months ended August 31, 2022, we redeemed $18.3 million of SBA debentures in SBIC LP, resulting in the recognition of a realized loss on the extinguishment of debt of $0.2 million. SBICs are designed to stimulate the flow of private equity capital to eligible small businesses. Under SBA regulations, SBICs may make loans to eligible small businesses and invest in the equity securities of small businesses. Under present SBA regulations, eligible small businesses include businesses that have a tangible net worth not exceeding $19.5 million and have average annual fully taxed net income not exceeding $6.5 million for the two most recent fiscal years. In addition, an SBIC must devote 25.0% of its investment activity to ’’smaller enterprises’’ as defined by the SBA. A smaller enterprise is one that has a tangible net worth not exceeding $6.0 million and has average annual fully taxed net income not exceeding $2.0 million for the two most recent fiscal years. 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 such factors as the number of employees and gross sales. According to SBA regulations, SBICs may make long-term loans to small businesses, invest in the equity securities of such businesses and provide them with consulting and advisory services. SBIC LP and SBIC II LP are subject to regulation and oversight by the SBA, including requirements with respect to maintaining certain minimum financial ratios and other covenants. Receipt of an SBIC license does not assure that SBIC II LP will receive SBA-guaranteed debenture funding, which is dependent upon SBIC II LP continuing to be in compliance with SBA regulations and policies. The SBA, as a creditor, will have a superior claim to SBIC LP and SBIC II LP assets over our stockholders and debtholders in the event we liquidate SBIC LP and SBIC II LP or the SBA exercises its remedies under the SBA-guaranteed debentures issued by SBIC LP and SBIC II LP upon an event of default. The Company received exemptive relief from the SEC to permit it to exclude the senior securities issued by SBIC subsidiaries from the definition of senior securities in the asset coverage requirement applicable to the Company under the 1940 Act. This allows the Company increased flexibility under the asset coverage requirement by permitting it to borrow up to $325.0 million more than it would otherwise be able to absent the receipt of this exemptive relief. On April 16, 2018, as permitted by the Small Business Credit Availability Act, which was signed into law on March 23, 2018, the independent directors of the Company approved of the Company becoming subject to a minimum asset coverage ratio of 150.0% from 200% under Sections 18(a)(1) and 18(a)(2) of the 1940 Act. The 150.0% asset coverage ratio became effective on April 16, 2019. As noted above, as of August 31, 2022, there was $233.7 million of SBA debentures outstanding and as of February 28, 2022, there was $185.0 million of SBA debentures outstanding. The carrying amount of the amount outstanding of SBA debentures approximates its fair value, which is based on a waterfall analysis showing adequate collateral coverage and would be classified as a Level 3 liability within the fair value hierarchy. Financing costs of $5.0 million and $4.9 million related to the SBA debentures issued by SBIC LP and SBIC II LP, respectively, have been capitalized and are being amortized over the term of the commitment and drawdown. For the three months ended August 31, 2022 and August 31, 2021, we recorded $1.5 million and $1.2 million of interest expense related to the SBA debentures, respectively. For the three months ended August 31, 2022 and August 31, 2021, we recorded $0.2 million and $0.2 million of amortization of deferred financing costs related to the SBA debentures, respectively. Interest expense and amortization of deferred financing costs are reported as interest and debt financing expense on the consolidated statements of operations. The weighted average interest rate during the three months ended August 31, 2022 and August 31, 2021 on the outstanding borrowings of the SBA debentures was 2.75% and 2.65%, respectively. During the three months ended August 31, 2022 and August 31, 2021, the average dollar amount of SBA debentures outstanding was $222.0 million and $181.1 million, respectively. For the six months ended August 31, 2022 and August 31, 2021, we recorded $2.9 million and $2.4 million of interest expense related to the SBA debentures, respectively. For the six months ended August 31, 2022 and August 31, 2021, we recorded $0.5 million and $0.4 million of amortization of deferred financing costs related to the SBA debentures, respectively. Interest expense and amortization of deferred financing costs are reported as interest and debt financing expense on the consolidated statements of operations. The weighted average interest rate during the six months ended August 31, 2022 and August 31, 2021 on the outstanding borrowings of the SBA debentures was 2.67% and 2.78%, respectively. During the six months ended August 31, 2022 and August 31, 2021, the average dollar amount of SBA debentures outstanding was $218.4 million and $169.8 million, respectively. In December 2015, the 2016 omnibus spending bill approved by Congress and signed into law by the President increased the amount of SBA-guaranteed debentures that affiliated SBIC funds can have outstanding from $225.0 million to $350.0 million, subject to SBA approval. SBA regulations previously limited the amount of SBA-guaranteed debentures that an SBIC may issue to $150.0 million when it has at least $75.0 million in regulatory capital but this has increased to $175.0 million for new licenses when it has at least $87.5 million in regulatory capital. Affiliated SBICs are permitted to issue up to a combined maximum amount of $350.0 million in SBA-guaranteed debentures when they have at least $175.0 million in combined regulatory capital. Notes In May 10, 2013, the Company issued $48.3 million in aggregate principal amount of 7.50% fixed-rate notes due 2020 (the “2020 Notes”). The 2020 Notes were redeemed in full on January 13, 2017 and are no longer listed on the New York Stock Exchange (the “NYSE”). On May 29, 2015, the Company entered into a Debt Distribution Agreement with Ladenburg Thalmann & Co. Inc. through which the Company may offer for sale, from time to time, up to $20.0 million in aggregate principal amount of the 2020 Notes through an At-the-Market (“ATM”) offering. Prior to the 2020 Notes being redeemed in full, the Company had sold 539,725 2022 Notes with a principal of $13.5 million at an average price of $25.31 for aggregate net proceeds of $13.4 million (net of transaction costs). On December 21, 2016, the Company issued $74.5 million in aggregate principal amount of our 6.75% fixed-rate notes due 2023 (the “2023 Notes”) for net proceeds of $71.7 million after deducting underwriting commissions of approximately $2.3 million and offering costs of approximately $0.5 million. The net proceeds from the offering were used to repay all of the outstanding indebtedness under the 2020 Notes (as described above), and for general corporate purposes in accordance with our investment objective and strategies. On December 21, 2019 and February 7, 2020, the Company redeemed $50.0 million and $24.5 million, respectively, in aggregate principal amount of the $74.5 million in aggregate principal amount of the issued and outstanding 2023 Notes. The 2023 Notes were listed on the NYSE under the trading symbol “SAB” with a par value of $25.00 per share, and have been delisted following the full redemption on February 7, 2020. At February 29, 2020, the debt was extinguished. As such, it was not fair valued with market quotes and is not fair value leveled. The repayment of the 2023 Notes resulted in a realized loss on the extinguishment of debt of $1.6 million. On August 28, 2018, the Company issued $40.0 million in aggregate principal amount of our 6.25% fixed-rate notes due 2025 (the “6.25% 2025 Notes”) for net proceeds of $38.7 million after deducting underwriting commissions of approximately $1.3 million. Offering costs incurred were approximately $0.3 million. The issuance included the full exercise of the underwriters’ option to purchase an additional $5.0 million in aggregate principal amount of 6.25% 2025 Notes within 30 days. The net proceeds from the offering were used for general corporate purposes in accordance with our investment objective and strategies. Financing costs of $1.6 million related to the 6.25% 2025 Notes have been capitalized and were amortized over the term of the 6.25% 2025 Notes. On February 5, 2019, the Company issued an additional $20.0 million in aggregate principal amount of the 6.25% 2025 Notes for net proceeds of $19.2 million after deducting underwriting commissions of approximately $0.6 million and discount of $0.2 million. Offering costs incurred were approximately $0.2 million. The issuance included the full exercise of the underwriters’ option to purchase an additional $2.5 million in aggregate principal amount of 6.25% 2025 Notes within 30 days. The additional 6.25% 2025 Notes were treated as a single series with the existing 6.25% 2025 Notes under the indenture and had the same terms as the existing 6.25% 2025 Notes. The net proceeds from this offering were used for general corporate purposes in accordance with our investment objective and strategies. The financing costs and discount of $1.0 million related to the 6.25% 2025 Notes have been capitalized and were amortized over the term of the 6.25% 2025 Notes. On August 31, 2021, the Company redeemed $60.0 million in aggregate principal amount of the issued and outstanding 6.25% 2025 Notes. The 6.25% 2025 Notes were listed on the NYSE under the trading symbol of “SAF”, and have been delisted following the full redemption on August 31, 2021. At August 31, 2021, the debt was extinguished. As such, it was not fair valued with market quotes and is not fair value leveled. The repayment of the 6.25% 2025 Notes resulted in a realized loss on the extinguishment of debt of $1.5 million. For the three months ended August 31, 2022 and August 31, 2021, we recorded $0.0 million and $0.9 million, respectively, of interest expense and $0.0 million and $0.1 million, respectively, of amortization of deferred financing costs related to the 6.25% 2025 Notes. Interest expense and amortization of deferred financing costs are reported as interest and debt financing expense on the consolidated statements of operations. During the three months ended August 31, 2022 and August 31, 2021, the average dollar amount of 6.25% 2025 Notes outstanding was $0.00 million and $57.4 million, respectively. On June 24, 2020, the Company issued $37.5 million in aggregate principal amount of our 7.25% fixed-rate notes due 2025 (the “7.25% 2025 Notes”) for net proceeds of $36.3 million after deducting underwriting commissions of approximately $1.2 million. Offering costs incurred were approximately $0.3 million. On July 6, 2020, the underwriters exercised their option in full to purchase an additional $5.625 million in aggregate principal amount of its 7.25% 2025 Notes. Net proceeds to the Company were $5.4 million after deducting underwriting commissions of approximately $0.2 million. The net proceeds from the offering were used for general corporate purposes in accordance with our investment objective and strategies. Financing costs of $1.6 million related to the 7.25% 2025 Notes have been capitalized and were amortized over the term of the 7.25% 2025 Notes. On July 14, 2022, the Company redeemed $43.1 million in aggregate principal amount of the issued and outstanding 7.25% 2025 Notes. The 7.25% 2025 Notes were listed on the NYSE under the trading symbol of “SAK”, and have been delisted following the full redemption on July 14, 2022. On July 14, 2022, the debt was extinguished. As such, it was not fair valued with market quotes and is not fair value leveled. The repayment of the 7.25% 2025 Notes resulted in a realized loss on the extinguishment of debt of $1.2 million. As of February 28, 2022 the carrying amount and fair value of the 7.25% 2025 Notes was $43.1 million and $43.9 million, respectively. For the three months ended August 31, 2022 and August 31, 2021, we recorded $0.4 million and $0.8 million, respectively, of interest expense and $0.04 million and $0.08 million, respectively, of amortization of deferred financing costs related to the 7.25% 2025 Notes. Interest expense and amortization of deferred financing costs are reported as interest and debt financing expense on the consolidated statements of operations. During the three months ended August 31, 2022 and August 31, 2021, the average dollar amount of the 7.25% 2025 Notes outstanding was $10.8 million and $43.1 million respectively. For the six months ended August 31, 2022 and August 31, 2021, we recorded $1.2 million and $1.6 million, respectively, of interest expense and $0.1 million and $0.2 million, respectively, of amortization of deferred financing costs related to the 7.25% 2025 Notes. Interest expense and amortization of deferred financing costs are reported as interest and debt financing expense on the consolidated statements of operations. During the six months ended August 31, 2022 and August 31, 2021, the average dollar amount of the 7.25% 2025 Notes outstanding was $27.0 million and $43.1 million respectively. On July 9, 2020, the Company issued $5.0 million in aggregate principal amount of our 7.75% fixed-rate notes due in 2025 (the “7.75% Notes 2025”) for net proceeds of $4.8 million after deducting underwriting commissions of approximately $0.2 million. Offering costs incurred were approximately $0.1 million. Interest on the 7.75% Notes 2025 is paid quarterly in arrears on February 28, May 31, August 31 and November 30, at a rate of 7.75% per year, beginning August 31, 2020. The 7.75% Notes 2025 mature on July 9, 2025 and may be redeemed in whole or in part at any time or from time to time at our option. The net proceeds from the offering were used for general corporate purposes in accordance with our investment objective and strategies. Financing costs of $0.3 million related to the 7.75% Notes 2025 have been capitalized and are being amortized over the term of the 7.75% Notes 2025. As of August 31, 2022, the total 7.75% Notes 2025 outstanding was $5.0 million. The 7.75% Notes 2025 are not listed and have a par value of $25.00 per share. As of February 28, 2022, there was $5.0 million outstanding of the 7.75% Notes 2025. The carrying amount of the amount outstanding of 7.75% Notes 2025 approximates its fair value, which is based on a waterfall analysis showing adequate collateral coverage and would be classified as a Level 3 liability within the fair value hierarchy. For the three months ended August 31, 2022 and August 31, 2021, we recorded $0.1 million and $0.1 million, respectively, of interest expense and $0.01 million and $0.01 million, respectively, of amortization of deferred financing costs related to the 7.75% Notes 2025. Interest expense and amortization of deferred financing costs are reported as interest and debt financing expense on the consolidated statements of operations. During the three months ended August 31, 2022 and August 31, 2021, the average dollar amount of 7.75% Notes 2025 outstanding was $5.0 million and $5.0 million respectively. On December 29, 2020, the Company issued $5.0 million in aggregate principal amount of our 6.25% fixed-rate notes due in 2027 (the “6.25% Notes 2027”). Offering costs incurred were approximately $0.1 million. Interest on the 6.25% Notes 2027 is paid quarterly in arrears on February 28, May 31, August 31 and November 30, at a rate of 6.25% per year, beginning February 28, 2021. The 6.25% Notes 2027 mature on December 29, 2027 and may be redeemed in whole or in part at any time or from time to time at our option, on or after December 29, 2024. The net proceeds from the offering were used for general corporate purposes in accordance with our investment objective and strategies. Financing costs of $0.1 million related to the 6.25% Notes 2027 have been capitalized and are being amortized over the term of the 6.25% Notes 2027. The 6.25% Notes 2027 are not listed and have a par value of $25.00 per share. On January 28, 2021, the Company issued $10.0 million in aggregate principal amount of our 6.25% fixed rate notes due in 2027 (the “6.25% Notes 2027”) for net proceeds of $9.7 million after deducting underwriting commissions of approximately $0.3 million. Offering costs incurred were approximately $0.0 million. Interest on the 6.25% Notes 2027 is paid quarterly in arrears on February 28, May 31, August 31 and November 30, at a rate of 6.25% per year, beginning February 28, 2021. The 6.25% Notes 2027 mature on January 28, 2027 and commencing January 28, 2023, may be redeemed in whole or in part at any time or from time to time at our option. The net proceeds from the offering were used for general corporate purposes in accordance with our investment objective and strategies. Financing costs of $0.3 million related to the 6.25% Notes 2027 have been capitalized and are being amortized over the term of the 6.25% Notes 2027. As of August 31, 2022, the total 6.25% Notes 2027 outstanding was $15.0 million. The 6.25% Notes 2027 are not listed and have a par value of $25.00 per share. As of February 28, 2022, there was $15.0 million outstanding of the 6.25% Notes 2027. The carrying amount of the amount outstanding of 6.25% Notes 2027 approximates its fair value, which is based on a waterfall analysis showing adequate collateral coverage and would be classified as a Level 3 liability within the fair value hierarchy. For the three months ended August 31, 2022 and August 31, 2021, we recorded $0.2 million and $0.2 million, respectively, of interest expense and $0.02 million and $0.02 million, respectively, of amortization of deferred financing costs related to the 6.25% Notes 2027. Interest expense and amortization of deferred financing costs are reported as interest and debt financing expense on the consolidated statements of operations. During the three months ended August 31, 2022 and August 31, 2021 the average dollar amount of 6.25% Notes 2027 outstanding was $15.0 million and $15.0 million respectively. For the six months ended August 31, 2022 and August 31, 2021, we recorded $0.5 million and $0.5 million, respectively, of interest expense and $0.04 million and $0.04 million, respectively, of amortization of deferred financing costs related to the 6.25% Notes 2027. Interest expense and amortization of deferred financing costs are reported as interest and debt financing expense on the consolidated statements of operations. During the three months ended August 31, 2022 and August 31, 2021 the average dollar amount of 6.25% Notes 2027 outstanding was $15.0 million and $15.0 million respectively. On March 10, 2021, the Company issued $50.0 million in aggregate principal amount of our 4.375% fixed-rate Notes due in 2026 (the “4.375% Notes 2026”) for net

Commitments and Contingencies

Commitments and Contingencies	6 Months Ended
	Aug. 31, 2022
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Note 9. Commitments and Contingencies Contractual Obligations The following table shows our payment obligations for repayment of debt and other contractual obligations at August 31, 2022: Payment Due by Period Long-Term Debt Obligations Total Less Than 1 Year 1 - 3 Years 3 - 5 Years More Than ($ in thousands) Revolving credit facility $ 25,000 $ - $ 25,000 $ - $ - SBA debentures 233,660 - 15,000 33,660 185,000 7.75% 2025 Notes 5,000 - 5,000 - - 4.375% 2026 Notes 175,000 - - 175,000 - 4.35% 2027 Notes 75,000 - - 75,000 - 6.25% 2027 Notes 15,000 - - - 15,000 6.00% 2027 Notes 105,500 - - 105,500 - Total Long-Term Debt Obligations $ 634,160 $ - $ 45,000 $ 389,160 $ 200,000 Off-Balance Sheet Arrangements As of August 31, 2022 and February 28, 2022, the Company’s off-balance sheet arrangements consisted of $90.7 million and $83.4 million, respectively, of unfunded commitments outstanding to provide debt financing to its portfolio companies or to fund limited partnership interests. Such commitments are generally up to the Company’s discretion to approve, or the satisfaction of certain financial and nonfinancial covenants and involve, to varying degrees, elements of credit risk in excess of the amount recognized in the Company’s consolidated statements of assets and liabilities and are not reflected in the Company’s consolidated statements of assets and liabilities. A summary of the unfunded commitments outstanding as of August 31, 2022 and February 28, 2022 is shown in the table below (dollars in thousands): August 31, February 28, At Company’s discretion ActiveProspect, Inc. $ 10,000 $ - Artemis Wax 3,000 3,700 Ascend Software LLC 5,000 5,000 Axero Holdings - 3,000 Davisware 2,000 2,000 Granite Comfort 5,000 - JDXpert 5,000 - Lee’s Famous Recipe Chicken 4,000 10,000 Netreo Holdings, LLC - 4,000 Pepper Palace 3,000 3,000 Procrement Partners - 2,800 Saratoga Senior Loan Fund I JV LLC 15,606 17,500 Sceptre Hospitality Resources 250 1,000 Book4Time, Inc. - 2,000 Total 52,856 54,000 At portfolio company’s discretion - satisfaction of certain financial and nonfinancial covenants required Ascend Software LLC 4,200 6,500 ARC Health 8,500 - Axero Holdings - 2,000 Axero Holdings - Revolver 500 500 Davisware, LLC 1,000 1,000 Exigo - DDTL 4,167 - Exigo - Revolver 833 - GDS Holdings US, Inc. 1,036 2,786 Granite Comfort 5,000 - GoReact 500 2,500 JDXpert 1,000 - Madison Logic - Revolver 1,084 1,084 New England Dental Partners 4,500 4,500 Pepper Palace - DDTL 2,000 2,000 Pepper Palace - Revolver 2,500 2,500 Zollege 1,000 1,000 Lee’s Famous Recipe Chicken - 3,000 37,820 29,370 Total $ 90,676 $ 83,370 The Company believes its assets will provide adequate coverage to satisfy these unfunded commitments. As of August 31, 2022, the Company had cash and cash equivalents of $12.6 million and $25.0 million in available borrowings under the Encina Credit Facility.

Directors Fees

Directors Fees	6 Months Ended
	Aug. 31, 2022
Directors Fees [Abstract]
Directors Fees	Note 10. Directors Fees The independent directors each receive an annual fee of $70,000. They also receive $3,000 plus reimbursement of reasonable out-of-pocket expenses incurred in connection with attending each board meeting and receive $1,500 plus reimbursement of reasonable out-of-pocket expenses incurred in connection with attending each committee meeting. In addition, the chairman of the Audit Committee receives an annual fee of $12,500 and the chairman of each other committee receives an annual fee of $6,000 for their additional services in these capacities. In addition, we have purchased directors’ and officers’ liability insurance on behalf of our directors and officers. Independent directors have the option to receive their directors’ fees in the form of our common stock issued at a price per share equal to the greater of net asset value or the market price at the time of payment. No compensation is paid to directors who are “interested persons” of the Company (as such term is defined in Section 2(a)(19) of the 1940 Act). For the three months ended August 31, 2022 and August 31, 2021, we incurred $0.1 million and $0.1 million for directors’ fees and expenses, respectively. For the six months ended August 31, 2022 and August 31, 2021, we incurred $0.2 million and $0.2 million for directors’ fees and expenses, respectively. As of August 31, 2022, and February 28, 2022, $0.1 million and $0.07 million in directors’ fees and expenses were accrued and unpaid, respectively. As of August 31, 2022, we had not issued any common stock to our directors as compensation for their services.

Stockholders' Equity

Stockholders' Equity	6 Months Ended
	Aug. 31, 2022
Stockholders' Equity Note [Abstract]
Stockholders’ Equity	Note 11. Stockholders’ Equity On May 16, 2006, GSC Group, Inc. capitalized the LLC, by contributing $1,000 in exchange for 67 shares, constituting all of the issued and outstanding shares of the LLC. On March 20, 2007, the Company issued 95,995.5 and 8,136.2 shares of common stock, priced at $150.00 per share, to GSC Group and certain individual employees of GSC Group, respectively, in exchange for the general partnership interest and a limited partnership interest in GSC Partners CDO III GP, LP, collectively valued at $15.6 million. At this time, the 6.7 shares owned by GSC Group in the LLC were exchanged for 6.7 shares of the Company. On March 28, 2007, the Company completed its IPO of 725,000 shares of common stock, priced at $150.00 per share, before underwriting discounts and commissions. Total proceeds received from the IPO, net of $7.1 million in underwriter’s discount and commissions, and $1.0 million in offering costs, were $100.7 million. On July 30, 2010, our Manager and its affiliates purchased 986,842 shares of common stock at $15.20 per share. Total proceeds received from this sale were $15.0 million. On August 12, 2010, we effected a one-for-ten reverse stock split of our outstanding common stock. As a result of the reverse stock split, every ten shares of our common stock were converted into one share of our common stock. Any fractional shares received as a result of the reverse stock split were redeemed for cash. The total cash payment in lieu of shares was $230. Immediately after the reverse stock split, we had 2,680,842 shares of our common stock outstanding. On September 24, 2014, the Company announced the approval of an open market share repurchase plan that allowed it to repurchase up to 200,000 shares of its common stock at prices below its NAV as reported in its then most recently published consolidated financial statements (the “Share Repurchase Plan”). On October 7, 2015, our board of directors extended the Share Repurchase Plan for another year and increased the number of shares the Company is permitted to repurchase at prices below its NAV, as reported in its then most recently published consolidated financial statements, to 400,000 shares of its common stock. On October 5, 2016, our board of directors extended the Share Repurchase Plan for another year to October 15, 2017 and increased the number of shares the Company is permitted to repurchase at prices below its NAV, as reported in its then most recently published consolidated financial statements, to 600,000 shares of its common stock. On October 10, 2017, January 8, 2019 and January 7, 2020, our board of directors extended the Share Repurchase Plan for another year to October 15, 2018, January 15, 2020 and January 15, 2021, respectively, each time leaving the number of shares unchanged at 600,000 shares of its common stock. On May 4, 2020, our board of directors increased the Share Repurchase Plan to 1.3 million shares of common stock. On January 5, 2021, our board of directors extended the Share Repurchase Plan for another year to January 15, 2022, leaving the number of shares unchanged at 1.3 million shares of common stock. On January 4, 2022, our board of directors extended the Shares Repurchase Plan for another year to January 15, 2023, leaving the number of shares unchanged at 1.3 million shares of common stock. As of August 31, 2022, the Company purchased 803,962 shares of common stock, at the average price of $21.47 for approximately $17.3 million pursuant to the Share Repurchase Plan. During the three months ended August 31, 2022 the Company purchased 153,350 shares of common stock, at the average price of $24.04 for approximately $3.7 million pursuant to the Share Repurchase Plan. During the six months ended August 31, 2022 the Company purchased 295,527 shares of common stock, at the average price of $25.11 for approximately $7.4 million pursuant to the Share Repurchase Plan. On March 16, 2017, we entered into an equity distribution agreement with Ladenburg Thalmann & Co. Inc., through which we may offer for sale, from time to time, up to $30.0 million of our common stock through an ATM offering. Subsequent to this, BB&T Capital Markets and B. Riley FBR, Inc. were also added to the agreement. On July 11, 2019, the amount of the common stock to be offered was increased to $70.0 million, and on October 8, 2019, the amount of the common stock to be offered was increased to $130.0 million. This agreement was terminated as of July 29, 2021, and as of that date, the Company had sold 3,922,018 shares for gross proceeds of $97.1 million at an average price of $24.77 for aggregate net proceeds of $95.9 million (net of transaction costs). On July 13, 2018, the Company issued 1,150,000 shares of its common stock priced at $25.00 per share (par value $0.001 per share) at an aggregate total of $28.75 million. The net proceeds, after deducting underwriting commissions of $1.15 million and offering costs of approximately $0.2 million, amounted to approximately $27.4 million. The Company also granted the underwriters a 30-day option to purchase up to an additional 172,500 shares of its common stock, which was not exercised. On July 30, 2021, we entered into an equity distribution agreement with Ladenburg Thalmann & Co. Inc. and Compass Point Research and Trading, LLC (collectively the “Agents”), through which we may offer for sale, from time to time, up to $150.0 million of our common stock through the Agents, or to them, as principal for their account. As of August 31, 2022, the Company sold 4,840,361 shares for gross proceeds of $124.0 million at an average price of $25.61 for aggregate net proceeds of $122.4 million (net of transaction costs). During the three and six months ended August 31, 2022, there were no shares sold pursuant to the equity distribution agreement with the Agents. The Company adopted Rule 3-04/Rule 8-03(a)(5) under Regulation S-X (Note 2). Pursuant to the regulation, the Company has presented a reconciliation of the changes in each significant caption of stockholders’ equity as shown in the tables below: Capital Total Common Stock in Excess Distributable Shares Amount of Par Value Earnings (Loss) Net Assets Balance at February 28, 2021 11,161,416 $ 11,161 $ 304,874,957 $ (700,348 ) $ 304,185,770 Increase (Decrease) from Operations: Net investment income - - - 2,555,935 2,555,935 Net realized gain (loss) from investments - - - 1,910,141 1,910,141 Net change in unrealized appreciation (depreciation) on investments - - - 16,812,577 16,812,577 Net change in provision for deferred taxes on unrealized (appreciation) depreciation on investments - - - (230,144 ) (230,144 ) Decrease from Shareholder Distributions: Distributions of investment income – net - - - (4,799,405 ) (4,799,405 ) Capital Share Transactions: Proceeds from issuance of common stock - - - - - Stock dividend distribution 38,580 39 914,063 - 914,102 Repurchases of common stock (40,000 ) (40 ) (1,003,380 ) - (1,003,420 ) Repurchase fees - - (800 ) - (800 ) Offering costs - - - - - Balance at May 31, 2021 11,159,995 $ 11,160 $ 304,784,840 $ 15,548,756 $ 320,344,756 Increase (Decrease) from Operations: Net investment income - - - 6,393,261 6,393,261 Net realized gain (loss) from investments - - - 1,501,597 1,501,597 Income tax (provision) benefit from realized gain on investments - - - (448,883 ) (448,883 ) Realized losses on extinguishment of debt (1,552,140 ) (1,552,140 ) Net change in unrealized appreciation (depreciation) on investments - - - 3,376,540 3,376,540 Net change in provision for deferred taxes on unrealized (appreciation) depreciation on investments - - - (1,328,711 ) (1,328,711 ) Decrease from Shareholder Distributions: Distributions of investment income – net - - - (4,910,394 ) (4,910,394 ) Capital Share Transactions: Proceeds from issuance of common stock 5,441 6 157,034 - 157,040 Stock dividend distribution 33,099 33 828,479 - 828,512 Repurchases of common stock (9,623 ) (10 ) (248,713 ) - (248,723 ) Repurchase fees - - (192 ) - (192 ) Offering costs - - (817 ) - (817 ) Balance at August 31, 2021 11,188,912 $ 11,189 $ 305,520,631 $ 18,580,025 $ 324,111,845 Increase (Decrease) from Operations: Net investment income - - - 5,196,635 5,196,635 Net realized gain (loss) from investments - - - 9,916,925 9,916,925 Income tax (provision) benefit from realized gain on investments - - - (2,447,173 ) (2,447,173 ) Realized losses on extinguishment of debt (764,123 ) (764,123 ) Net change in unrealized appreciation (depreciation) on investments - - - (6,042,616 ) (6,042,616 ) Net change in provision for deferred taxes on unrealized (appreciation) depreciation on investments - - - 2,480,465 2,480,465 Decrease from Shareholder Distributions: Distributions of investment income – net - - - (5,889,329 ) (5,889,329 ) Capital Share Transactions: Proceeds from issuance of common stock 520,076 520 15,163,259 - 15,163,779 Stock dividend distribution 38,016 38 1,017,625 - 1,017,663 Repurchases of common stock - - - - - Repurchase fees - - - - - Offering costs - - (142,326 ) - (142,326 ) Balance at November 30, 2021 11,747,004 $ 11,747 $ 321,559,189 $ 21,030,809 $ 342,601,745 Capital Total Common Stock in Excess Distributable Shares Amount of Par Value Earnings (Loss) Net Assets Increase (Decrease) from Operations: Net investment income - - - 5,796,910 5,796,910 Net realized gain (loss) from investments - - - 69,664 69,664 Income tax (provision) benefit from realized gain on investments - - - 9,612 9,612 Realized losses on extinguishment of debt (118,147 ) (118,147 ) Net change in unrealized appreciation (depreciation) on investments - - - 2,873,561 2,873,561 Net change in provision for deferred taxes on unrealized (appreciation) depreciation on investments - - - (226,702 ) (226,702 ) Decrease from Shareholder Distributions: Distributions of investment income – net - - - (6,434,106 ) (6,434,106 ) Capital Share Transactions: Proceeds from issuance of common stock 392,826 392 11,513,992 - 11,514,383 Stock dividend distribution 41,520 42 1,114,886 - 1,114,929 Repurchases of common stock (50,000 ) (50 ) (1,292,843 ) - (1,292,893 ) Repurchase fees (1,000 ) - (1,000 ) Offering costs (127,433 ) - (127,433 ) Tax reclassification of stockholders’ equity in accordance with generally accepted accounting principles - - (4,704,545 ) 4,704,545 - Balance at February 28, 2022 12,131,350 $ 12,131 $ 328,062,246 $ 27,706,146 $ 355,780,523 Increase (Decrease) from Operations: Net investment income - - - 7,976,222 7,976,222 Net realized gain (loss) from investments - - - 162,509 162,509 Income tax (provision) benefit from realized gain on investments - - - 69,250 69,250 Net change in unrealized appreciation (depreciation) on investments - - - (9,333,449 ) (9,333,449 ) Net change in provision for deferred taxes on unrealized (appreciation) depreciation on investments - - - (361,951 ) (361,951 ) Decrease from Shareholder Distributions: Distributions of investment income – net - - - (6,428,817 ) (6,428,817 ) Capital Share Transactions: Proceeds from issuance of common stock - - - - - Stock dividend distribution 42,825 43 1,108,637 - 1,108,680 Repurchases of common stock (142,177 ) (142 ) (3,734,174 ) - (3,734,316 ) Repurchase fees - - (2,840 ) - (2,840 ) Offering costs - - - - - Balance at May 31, 2022 12,031,998 $ 12,032 $ 325,433,869 $ 19,789,910 $ 345,235,811 Increase (Decrease) from Operations: Net investment income - - - 7,698,014 7,698,014 Net realized gain (loss) from investments - - - 7,943,838 7,943,838 Realized losses on extinguishment of debt - - - (1,204,809 ) (1,204,809 ) Net change in unrealized appreciation (depreciation) on investments - - - (13,258,456 ) (13,258,456 ) Net change in provision for deferred taxes on unrealized (appreciation) depreciation on investments - - - (230,154 ) (230,154 ) Decrease from Shareholder Distributions: Distributions of investment income – net - - - (6,369,981 ) (6,369,981 ) Capital Share Transactions: Stock dividend distribution 48,590 49 1,088,139 - 1,088,188 Repurchases of common stock (153,350 ) (154 ) (3,685,951 ) - (3,686,105 ) Repurchase fees - - (3,071 ) - (9,464 ) Balance at August 31, 2022 11,927,238 $ 11,927 $ 322,832,986 $ 14,368,362 $ 337,213,275 The Company adopted Rule 3-04/Rule 8-03(a)(5) under Regulation S-X (Note 2). Pursuant to the regulation, the Company has presented a reconciliation of the changes in each significant caption of stockholders’ equity as shown in the tables below: Capital Total Common Stock in Excess Distributable Shares Amount of Par Value Earnings (Loss) Net Assets Balance at February 29, 2020 11,217,545 $ 11,218 $ 289,476,991 $ 14,798,644 $ 304,286,853 Increase (Decrease) from Operations: Net investment income - - - 9,018,314 9,018,314 Net realized gain (loss) from investments - - - 8,480 8,480 Net change in unrealized appreciation (depreciation) on investments - - - (31,950,369 ) (31,950,369 ) Net change in provision for deferred taxes on unrealized (appreciation) depreciation on investments - - - 267,740 267,740 Decrease from Shareholder Distributions: Distributions of investment income – net - - - - - Capital Share Transactions: Proceeds from issuance of common stock - - - - - Stock dividend distribution - - - - - Repurchases of common stock - - - - - Offering costs - - - - - Balance at May 31, 2020 11,217,545 $ 11,218 $ 289,476,991 $ (7,857,191 ) $ 281,631,018 Increase (Decrease) from Operations: Net investment income - - - 5,334,713 5,334,713 Net realized gain (loss) from investments - - - 11,929 11,929 Net change in unrealized appreciation (depreciation) on investments - - - 16,580,401 16,580,401 Net change in provision for deferred taxes on unrealized (appreciation) depreciation on investments - - - (116,521 ) (116,521 ) Decrease from Shareholder Distributions: Distributions of investment income – net - - - (4,487,015 ) (4,487,015 ) Capital Share Transactions: Proceeds from issuance of common stock - - - - - Stock dividend distribution 47,098 46 774,944 - 774,990 Repurchases of common stock (90,321 ) (90 ) (1,550,327 ) - (1,550,417 ) Repurchase fees - - (1,740 ) - (1,740 ) Offering costs - - - - - Balance at August 31, 2020 11,174,322 $ 11,174 $ 288,699,868 $ 9,466,316 $ 298,177,358 Increase (Decrease) from Operations: Net investment income - - - 4,471,102 4,471,102 Net realized gain (loss) from investments - - - 1,798 1,798 Income tax (provision) benefit from realized gain on investments (3,895,354 ) (3,895,354 ) Net change in unrealized appreciation (depreciation) on investments - - - 5,998,830 5,998,830 Net change in provision for deferred taxes on unrealized (appreciation) depreciation on investments - - - (210,057 ) (210,057 ) Decrease from Shareholder Distributions: Distributions of investment income – net - - - (4,581,469 ) (4,581,469 ) Capital Share Transactions: Proceeds from issuance of common stock - - - - - Stock dividend distribution 45,706 46 805,883 - 805,929 Repurchases of common stock (50,000 ) (50 ) (914,194 ) - (914,244 ) Repurchase fees - - (1,003 ) - (1,003 ) Offering costs - - - - - Balance at November 30, 2020 11,170,028 $ 11,170 $ 288,590,554 $ 11,251,166 $ 299,852,890 Capital Total Common Stock in Excess Distributable Shares Amount of Par Value Earnings (Loss) Net Assets Increase (Decrease) from Operations: Net investment income - - - 4,288,996 4,288,996 Net realized gain (loss) from investments - - - (8,726,013 ) (8,726,013 ) Income tax (provision) benefit from realized gain on investments - - - - - Realized losses on extinguishment of debt (128,617 ) (128,617 ) Net change in unrealized appreciation (depreciation) on investments - - - 14,337,460 14,337,460 Net change in provision for deferred taxes on unrealized (appreciation) depreciation on investments - - - (515,796 ) (515,796 ) Decrease from Shareholder Distributions: Distributions of investment income – net - - - (4,678,514 ) (4,678,514 ) Capital Share Transactions: Proceeds from issuance of common stock - - - - - Stock dividend distribution 41,388 41 900,124 - 900,165 Repurchases of common stock (50,000 ) (50 ) (1,143,748 ) - (1,143,798 ) Repurchase fees - - (1,003 ) - (1,003 ) Offering costs - - - - - Tax reclassification of stockholders’ equity in accordance with generally accepted accounting principles - - 16,529,030 (16,529,030 ) - Balance at February 28, 2021 11,161,416 $ 11,161 $ 304,874,957 $ (700,348 ) $ 304,185,770 Increase (Decrease) from Operations: Net investment income - - - 2,555,935 2,555,935 Net realized gain (loss) from investments - - - 1,910,141 1,910,141 Net change in unrealized appreciation (depreciation) on investments - - - 16,812,577 16,812,577 Net change in provision for deferred taxes on unrealized (appreciation) depreciation on investments - - - (230,144 ) (230,144 ) Decrease from Shareholder Distributions: Distributions of investment income – net - - - (4,799,405 ) (4,799,405 ) Capital Share Transactions: Proceeds from issuance of common stock - - - - - Stock dividend distribution 38,580 39 914,063 - 914,102 Repurchases of common stock (40,000 ) (40 ) (1,003,380 ) - (1,003,420 ) Repurchase fees - - (800 ) - (800 ) Offering costs - - - - - Balance at May 31, 2021 11,159,995 $ 11,160 $ 304,784,840 $ 15,548,756 $ 320,344,756 Increase (Decrease) from Operations: Net investment income - - - 6,393,261 6,393,261 Net realized gain (loss) from investments - - - 1,501,597 1,501,597 Income tax (provision) benefit from realized gain on investments - - - (448,883 ) (448,883 ) Realized losses on extinguishment of debt (1,552,140 ) (1,552,140 ) Net change in unrealized appreciation (depreciation) on investments - - - 3,376,540 3,376,540 Net change in provision for deferred taxes on unrealized (appreciation) depreciation on investments - - - (1,328,711 ) (1,328,711 ) Decrease from Shareholder Distributions: Distributions of investment income – net - - - (4,910,394 ) (4,910,394 ) Capital Share Transactions: Proceeds from issuance of common stock 5,441 6 157,034 - 157,040 Stock dividend distribution 33,099 33 828,479 - 828,512 Repurchases of common stock (9,623 ) (10 ) (248,713 ) - (248,723 ) Repurchase fees - - (192 ) - (192 ) Offering costs - - (817 ) - (817 ) Balance at August 31, 2021 11,188,912 $ 11,189 $ 305,520,631 $ 18,580,025 $ 324,111,845 Capital Total Common Stock in Excess Distributable Shares Amount of Par Value Earnings (Loss) Net Assets Increase (Decrease) from Operations: Net investment income - - - 5,196,635 5,196,635 Net realized gain (loss) from investments - - - 9,916,925 9,916,925 Income tax (provision) benefit from realized gain on investments - - - (2,447,173 ) (2,447,173 ) Realized losses on extinguishment of debt (764,123 ) (764,123 ) Net change in unrealized appreciation (depreciation) on investments - - - (6,042,616 ) (6,042,616 ) Net change in provision for deferred taxes on unrealized (appreciation) depreciation on investments - - - 2,480,465 2,480,465 Decrease from Shareholder Distributions: Distributions of investment income – net - - - (5,889,329 ) (5,889,329 ) Capital Share Transactions: Proceeds from issuance of common stock 520,076 520 15,163,259 - 15,163,779 Stock dividend distribution 38,016 38 1,017,625 - 1,017,663 Repurchases of common stock - - - - - Repurchase fees - - - - Offering costs - - (142,326 ) - (142,326 ) Balance at November 30, 2021 11,747,004 $ 11,747 $ 321,559,189 $ 21,030,809 $ 342,601,745 Increase (Decrease) from Operations: Net investment income 5,796,910 5,796,910 Net realized gain (loss) from investments 69,664 69,664 Income tax (provision) benefit from realized gain on investments 9,612 9,612 Realized losses on extinguishment of debt (118,147 ) (118,147 ) Net change in unrealized appreciation (depreciation) on investments 2,873,561 2,873,561 Net change in provision for deferred taxes on unrealized (appreciation) depreciation on investments (226,702 ) (226,702 ) Decrease from Shareholder Distributions: Distributions of investment income – net (6,434,106 ) (6,434,106 ) Capital Share Transactions: Proceeds from issuance of common stock 392,826 392 11,513,992 11,514,383 Stock dividend distribution 41,520 42 1,114,886 1,114,929 Repurchases of common stock (50,000 ) (50 ) (1,292,843 ) (1,292,893 ) Repurchase fees (1,000 ) (1,000 ) Offering costs (127,433 ) (127,433 ) Tax reclassification of stockholders’ equity in accordance with generally accepted accounting principles (4,704,545 ) 4,704,545 Balance at February 28, 2022 12,131,350 $ 12,131 $ 328,062,246 $ 27,706,146 $ 355,780,523 Balance at February 28, 2018 6,257,029 $ 6,257 $ 188,975,590 $ (45,290,480 ) $ 143,691,367 Cumulative effect of the adoption of ASC 606 (Note 2) - - - (65,300 ) (65,300 ) Balance at March 1, 2018 6,257,029 6,257 188,975,590 (45,355,780 ) 143,626,067 Increase (Decrease) from Operations: Net investment income - - - 3,927,648 3,927,648 Net realized gain (loss) from investments - - - 212,008 212,008 Net change in unrealized appreciation (depreciation) on investments - - - 643,205 643,205 Net change in provision for deferred taxes on unrealized (appreciation) depreciation on investments - - - (940,546 ) (940,546 ) Decrease from Shareholder Distributions: Distributions of investment income – net - - - (3,128,513 ) (3,128,513 ) Capital Share Transactions: Proceeds from issuance of common stock - - - - - Stock dividend distribution 25,355 25 504,853 - 504,878 Repurchases of common stock - - - - - Offering costs - - - - - Balance at May 31, 2018 6,282,384 6,282 189,480,443 (44,641,978 ) 144,844,747 For the Year Ended February 28, 2019 Capital Total Common Stock in Excess Distributable Shares Amount of Par Value Earnings (Loss) Net Assets Increase (Decrease) from Operations: Net investment income - - - 5,144,228 5,144,228 Net realized gain (loss) from investments - - - 163 163 Net change in unrealized appreciation (depreciation) on investments - - - (2,154,521 ) (2,154,521 ) Net change in provision for deferred taxes on unrealized (appreciation) depreciation on investments - - - 152,546 152,546 Decrease from Shareholder Distributions: Distributions of investment income – net - - - (3,204,014 ) (3,204,014 ) Capital Share Transactions: Proceeds from issuance of common stock 1,150,000 1,150 28,748,850 - 28,750,000 Stock dividend distribution 21,563 22 511,523 - 511,545 Repurchases of common stock - - - - - Offering costs - - (1,386,667 ) - (1,386,667 ) Balance at August 31, 2018 7,453,947 7,454 217,354,149 (44,703,576 ) 172,658,027 Increase (Decrease) from Operations: Net investment income - - - 5,138,941 5,138,941 Net realized gain (loss) from investments - - - (67,164 ) (67,164 ) Net change in unrealized appreciation (depreciation) on investments - - - (1,031,113 ) (1,031,113 ) Net change in provision for deferred taxes on unrealized (appreciation) depreciation on investments - - - (371,581 ) (371,581 ) Decrease from Shareholder Distributions: Distributions of investment income – net - - - (3,876,050 ) (3,876,050 ) Capital Share Transactions: Proceeds from issuance of common stock 10,373 10 241,228 - 241,238 Stock dividend distribution 25,863 26 578,057 - 578,083 Repurchases of common stock - - - - - Offering costs - - (1,290 ) - (1,290 ) Balance at November 30, 2018 7,490,183 7,490 218,172,144 (44,910,543 ) 173,269,091 Increase (Decrease) from Operations: Net investment income - - - 4,091,392 4,091,392 Net realized gain (loss) from investments - - - 4,729,298 4,729,298 Net change in unrealized appreciation (depreciation) on investments - - - (357,880 ) (357,880 ) Net change in provision for deferred taxes on unrealized (appreciation) depreciation on investments - - - (607,254 ) (607,254 ) Decrease from Shareholder Distributions: Distributions of investment income – net - - - (3,980,011 ) (3,980,011 ) Capital Share Transactions: Proceeds from issuance of common stock 136,176 136 3,158,783 - 3,158,919 Stock dividend distribution 30,797 31 581,356 - 581,387 Repurchases of common stock - - - - - Offering costs - - (9,755 ) - (9,755 ) Tax reclassification of stockholders’ equity in accordance with generally accepted accounting principles - - (18,349,728 ) 18,349,728 - Balance at February 28, 2019 7,657,156 $ 7,657 $ 203,552,800 $ (22,685,270 ) $ 180,875,187

Earnings Per Share

Earnings Per Share	6 Months Ended
	Aug. 31, 2022
Earnings Per Share [Abstract]
Earnings Per Share	Note 12. Earnings Per Share In accordance with the provisions of FASB ASC Topic 260, Earnings per Share The following information sets forth the computation of the weighted average basic and diluted net increase (decrease) in net assets resulting from operations per share for the three and six months ended August 31, 2022 and August 31, 2021 (dollars in thousands except share and per share amounts): For the three months ended For the six months ended Basic and Diluted August 31, August 31, August 31, August 31, Net increase (decrease) in net assets resulting from operations $ 948 $ 7,942 $ (539 ) $ 28,990 Weighted average common shares outstanding 11,963,276 11,175,436 12,037,855 11,172,787 Weighted average earnings (loss) per common share $ 0.08 $ 0.71 $ (0.04 ) $ 2.59

Dividend

Dividend	6 Months Ended
	Aug. 31, 2022
Disclosure of Dividend [Abstract]
Dividend	Note 13. Dividend On August 29, 2022, the Company declared a dividend of $0.54 per share payable on September 29, 2022, to common stockholders of record on September 14, 2022. Shareholders have the option to receive payment of the dividend in cash, or receive shares of common stock, pursuant to the Company’s DRIP. Based on shareholder elections, the dividend consisted of approximately $5.3 million in cash and 52,313 newly issued shares of common stock, or 0.4% of our outstanding common stock prior to the dividend payment. The number of shares of common stock comprising the stock portion was calculated based on a price of $22.00 per share, which equaled 95% of the volume weighted average trading price per share of the common stock on September 16, 19, 20, 21, 22, 23, 26, 27, 28 and 29, 2022. The following table summarizes dividends declared for the six months ended August 31, 2022 (dollars in thousands except per share amounts): Date Declared Record Date Payment Date Amount Total Amount* August 29, 2022 September 14, 2022 September 29, 2022 $ 0.54 $ 6,433 May 26, 2022 June 14, 2022 June 29, 2022 0.53 6,370 Total dividends declared $ 1.07 $ 6,370 * Total amount is calculated based on the number of shares outstanding at the date of record. The following table summarizes dividends declared for the six months ended August 31, 2021 (dollars in thousands except per share amounts): Date Declared Record Date Payment Date Amount Total Amount* May 27, 2021 June 15, 2021 May 29, 2021 $ 0.44 $ 4,910 March 22, 2021 April 8, 2021 April 22, 2021 0.43 4,799 Total dividends declared $ 0.87 $ 9,709 * Total amount is calculated based on the number of shares outstanding at the date of record.

Financial Highlights

Financial Highlights	6 Months Ended
	Aug. 31, 2022
Investment Company, Financial Highlights [Abstract]
Financial Highlights	Note 14. Financial Highlights The following is a schedule of financial highlights as of and for the six months ended August 31, 2022 and August 31, 2021: Per share data August 31, August 31, Net asset value at beginning of period $ 29.33 $ 27.25 Net investment income(1) 1.30 0.80 Net realized and unrealized gain and losses on investments(1) (1.25 ) 1.93 Realized losses on extinguishment of debt (0.10 ) (0.14 ) Net increase in net assets resulting from operations (0.05 ) 2.59 Distributions declared from net investment income (1.06 ) (0.87 ) Total distributions to stockholders (1.06 ) (0.87 ) Issuance of common stock above net asset value (2) - - Repurchases of common stock(3) 0.10 0.01 Dilution(4) (0.05 ) (0.01 ) Net asset value at end of period $ 28.27 $ 28.97 Net assets at end of period $ 337,213,275 $ 324,111,845 Shares outstanding at end of period 11,927,238 11,188,912 Per share market value at end of period $ 24.28 $ 28.70 Total return based on market value(5)(6) (7.67 )% 28.72 % Total return based on net asset value(5)(7) 0.69 % 10.02 % Ratio/Supplemental data: Ratio of net investment income to average net assets(8) 8.61 % 7.88 % Expenses: Ratios of Operating Expenses and Income Taxes to average net assets*(9) 6.68 % 5.83 % Ratio of incentive management fees to average net assets(5) (0.38 )% 2.30 % Ratio of interest and debt financing expenses to average net assets(9) 8.47 % 5.97 % Ratio of total expenses and income taxes to average net assets*(8) 14.77 % 14.10 % Portfolio turnover rate(5)(10) 11.83 % 23.67 % Asset coverage ratio per unit(11) 1,842 2,361 Average market value per unit Revolving Credit Facility(12) N/A N/A SBA Debentures Payable(12) N/A N/A 6.25% Notes Payable 2025(13) N/A $ 25.44 7.25% Notes Payable 2025(14) N/A $ 26.45 7.75% Notes Payable 2025(12) N/A N/A 4.375% Notes Payable(12) N/A N/A 6.25% Notes Payable 2027(12) N/A N/A 6.00% Notes Payable 2027 $ 24.53 N/A * Certain prior period amounts have been reclassified to conform to current period presentation. (1) Per share amounts are calculated using the weighted average shares outstanding during the period. (2) The continuous issuance of common stock may cause an incremental increase in net asset value per share due to the sale of shares at the then prevailing public offering price and the receipt of net proceeds per share by the Company in excess of net asset value per share on each subscription closing date. The per share data was derived by computing (i) the sum of (A) the number of shares issued in connection with subscriptions and/or distribution reinvestment on each share transaction date multiplied by (B) the differences between the net proceeds per share and the net asset value per share on each share transaction date, divided by (ii) the total shares outstanding during the period. (3) Represents the anti-dilutive impact on the net asset value per share (“NAV”) of the Company due to the repurchase of common shares. See Note 11, Stockholders’ Equity. (4) Represents the dilutive effect of issuing common stock below net asset value per share during the period in connection with the satisfaction of the Company’s annual RIC distribution requirement and may include the impact of the different share amounts used for different items (weighted average basic common shares outstanding for the corresponding year and actual common shares outstanding at the end of the year) in the per common share data calculation and rounding impacts. See Note 13, Dividend. (5) Ratios are not annualized. (6) Total investment return is calculated assuming a purchase of common shares at the current market value on the first day and a sale at the current market value on the last day of the periods reported. Dividends and distributions, if any, are assumed for purposes of this calculation to be reinvested at prices obtained under the Company’s DRIP. Total investment return does not reflect brokerage commissions. (7) Total investment return is calculated assuming a purchase of common shares at the current net asset value on the first day and a sale at the current net asset value on the last day of the periods reported. Dividends and distributions, if any, are assumed for purposes of this calculation to be reinvested at prices obtained under the Company’s DRIP. Total investment return does not reflect brokerage commissions. (8) Ratios are annualized. Incentive management fees included within the ratio are not annualized. (9) Ratios are annualized. (10) Portfolio turnover rate is calculated using the lesser of year-to-date sales or year-to-date purchases over the average of the invested assets at fair value. (11) Asset coverage ratio per unit is the ratio of the carrying value of our total consolidated assets, less all liabilities and indebtedness not represented by senior securities, to the aggregate amount of senior securities representing indebtedness. Asset coverage ratio per unit is expressed in terms of dollar amounts per $1,000 of indebtedness. Asset coverage ratio per unit does not include unfunded commitments. The inclusion of unfunded commitments in the calculation of the asset coverage ratio per unit would not cause us to be below the required amount of regulatory coverage. (12) The Revolving Credit Facility, SBA Debentures, 7.75% Notes Payable 2025, 4.375% Notes Payable and 6.25% Notes Payable are not registered for public trading. (13) On August 31, 2021, the Company redeemed $60.0 million in aggregate principal amount of the issued and outstanding 6.25% 2025 Notes and, as a result of the full redemption, the 6.25% 2025 Notes are no longer listed on the NYSE. (14) On July 14, 2022, the Company redeemed $43.1 million in aggregate principal amount of the $43.1 million in aggregate principal amount of issued and outstanding 7.25% 2025 Notes and are no longer listed on the NYSE.

Subsequent Events

Subsequent Events	6 Months Ended
	Aug. 31, 2022
Subsequent Events [Abstract]
Subsequent Events	Note 15. Subsequent Events The Company has evaluated subsequent events through the filing of this Quarterly Report on Form 10-Q and determined that there have been no events that have occurred that would require adjustments to the Company’s consolidated financial statements and disclosures in the consolidated financial statements except for the following: On July 9, 2020, the Company entered into the Notes Purchase Agreement (the “Notes Purchase Agreement”) governing the issuance of its 7.75% Notes due 2025 in the aggregate principal amount of $5.0 million to an institutional investor (the “Purchaser”) in a private placement. Pursuant to the terms of the Notes Purchase Agreement, upon the mutual agreement of the Company and the Purchaser, the Company may issue additional notes with modified pricing terms, in the aggregate, up to a maximum of $50.0 million in one or more private offerings. On January 28, 2021, the Company entered into the First Supplemental Notes Purchase Agreement (the “First Supplemental Agreement”) governing the issuance of its 6.25% Notes due 2027 in the aggregate principal amount of $10.0 million to the Purchaser in a private placement. On September 8, 2022, the Company entered into the Second Supplemental Notes Purchase Agreement (the “Second Supplemental Agreement”) governing the issuance of its 7.00% Notes due 2025 (the “7.00% 2025 Notes”) in the aggregate principal amount of $12.0 million to the Purchaser in a private placement. In addition, pursuant to the Second Supplement Agreement, upon the mutual agreement of the Company and the Purchaser, the Purchaser may purchase from the Company up to an additional $8.0 million in aggregate principal amount of the 7.00% 2025 Notes by September 30, 2022, which did not occur. The 7.00% 2025 Notes were delivered and paid for on September 8, 2022. Upon the issuance of the 7.00% 2025 Notes, the outstanding aggregate principal amount of the Company’s unsecured notes held by the Purchaser under the Notes Purchase Agreement, the First Supplemental Agreement and the Second Supplemental Agreement, collectively, is $27.0 million. On September 29, 2022, the Company announced that it received notification from the Small Business Administration (the “SBA”) that the Company’s application for a third Small Business Investment Company (“SBIC”) license has been approved. The new SBIC license will provide up to $175 million in additional long-term capital in the form of SBA-guaranteed debentures, subject to the issuance of a leverage commitment by the SBA. Under current SBIC regulations, for two or more SBICs under common control, the maximum amount of outstanding SBA debentures cannot exceed $350.0 million with at least $175.0 million in combined regulatory capital.

Accounting Policies, by Policy

Accounting Policies, by Policy (Policies)	6 Months Ended
	Aug. 31, 2022
Accounting Policies [Abstract]
Basis of Presentation	Basis of Presentation The accompanying consolidated financial statements have been prepared on the accrual basis of accounting in conformity with U.S. generally accepted accounting principles (“U.S. GAAP”), are stated in U.S. Dollars and include the accounts of the Company and its wholly owned special purpose financing subsidiaries, Saratoga Investment Funding, LLC (previously known as GSC Investment Funding LLC), SIF II, SBIC LP, SBIC II LP, SIA-ARC, Inc., SIA-Avionte, Inc., SIA-AX, Inc., SIA-GH, Inc., SIA-MAC, Inc., SIA-PP, Inc., SIA-TG, Inc., SIA-TT Inc. and SIA-Vector, Inc. All intercompany accounts and transactions have been eliminated in consolidation. All references made to the “Company,” “we,” and “us” herein include Saratoga Investment Corp. and its consolidated subsidiaries, except as stated otherwise. The Company, SBIC LP and SBIC II LP are all considered to be investment companies for financial reporting purposes and have applied the guidance in the Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) Topic 946, “ Financial Services — Investment Companies
Principles of Consolidation	Principles of Consolidation Under the investment company rules and regulations pursuant to ASC Topic 946, the Company is precluded from consolidating any entity other than another investment company. The Company has determined that SLF JV is an investment company under ASC 946; however, in accordance with such guidance the Company will generally not consolidate its investment in a company other than a wholly-owned investment company subsidiary. SLF JV is not a wholly-owned investment company subsidiary as the Company and TJHA each have an equal 50% voting interest in SLF JV and thus neither party has a controlling financial interest. Furthermore, ASC 810 concludes that in a joint venture where both members have equal decision making authority, it is not appropriate for one member to consolidate the joint venture since neither has control. Accordingly, the Company does not consolidate its investment in SLF JV.
Use of Estimates in the Preparation of Financial Statements	Use of Estimates in the Preparation of Financial Statements The preparation of the accompanying consolidated financial statements in conformity with U.S. 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 financial statements, and income, gains (losses) and expenses during the period reported. Actual results could differ materially from those estimates.
Cash and Cash Equivalents	Cash and Cash Equivalents Cash and cash equivalents include short-term, liquid investments in a money market fund. Cash and cash equivalents are carried at cost which approximates fair value. Per section 12(d)(1)(A) of the 1940 Act, the Company may not invest in another investment company, such as a money market fund, if such investment would cause the Company to exceed any of the following limitations: ● we were to own more than 3.0% of the investment company’s total outstanding voting shares; ● we were to hold securities in the investment company having an aggregate value in excess of 5.0% of the value of our total assets; or ● we were to hold securities in investment companies having an aggregate value in excess of 10.0% of the value of our total assets. As of August 31, 2022, the Company did not exceed any of these limitations.
Cash and Cash Equivalents, Reserve Accounts	Cash and Cash Equivalents, Reserve Accounts Cash and cash equivalents, reserve accounts include amounts held in designated bank accounts in the form of cash and short-term liquid investments in money market funds, representing payments received on secured investments or other reserved amounts associated with the revolving credit facilities. The Company is required to use these amounts to pay interest expense, reduce borrowings, or pay other amounts in accordance with the terms of the revolving credit facilities. In addition, cash and cash equivalents, reserve accounts also include amounts held in designated bank accounts, in the form of cash and short-term liquid investments in money market funds, within our wholly-owned subsidiaries, SBIC LP and SBIC II LP. The statements of cash flows explain the change during the period in the total of cash, cash equivalents and amounts generally described as restricted cash and restricted cash equivalents when reconciling the beginning-of-period and end-of-period total amounts. The following table provides a reconciliation of cash and cash equivalents and cash and cash equivalents, reserve accounts reported within the consolidated statements of assets and liabilities that sum to the total of the same such amounts shown in the consolidated statements of cash flows: August 31, August 31, Cash and cash equivalents $ 3,068,165 $ 60,268,602 Cash and cash equivalents, reserve accounts 9,579,226 13,040,805 Total cash and cash equivalents and cash and cash equivalents, reserve accounts $ 12,647,391 $ 73,309,407
Investment Classification	Investment Classification The Company classifies its investments in accordance with the requirements of the 1940 Act. Under the 1940 Act, “control investments” are defined as investments in companies in which we own more than 25.0% of the voting securities or maintain greater than 50.0% of the board representation. Under the 1940 Act, “affiliated investments” are defined as those non-control investments in companies in which we own between 5.0% and 25.0% of the voting securities. Under the 1940 Act, “non-affiliated investments” are defined as investments that are neither control investments nor affiliated investments.
Investment Valuation	Investment Valuation The Company accounts for its investments at fair value in accordance with the FASB ASC Topic 820, Fair Value Measurements and Disclosures Investments for which market quotations are readily available are fair valued at such market quotations obtained from independent third-party pricing services and market makers subject to any decision by our board of directors to approve a fair value determination to reflect significant events affecting the value of these investments. We value investments for which market quotations are not readily available at fair value as approved, in good faith, by our board of directors based on input from our Manager, the audit committee of our board of directors and a third-party independent valuation firm. The Company undertakes a multi-step valuation process each quarter when valuing investments for which market quotations are not readily available, as described below: ● Each investment is initially valued by the responsible investment professionals of the Manager and preliminary valuation conclusions are documented, reviewed and discussed with our senior management; and ● An independent valuation firm engaged by our board of directors independently reviews a selection of these preliminary valuations each quarter so that the valuation of each investment for which market quotes are not readily available is reviewed by the independent valuation firm at least once each fiscal year. We use a third-party independent valuation firm to value our investment in the subordinated notes of Saratoga Investment Corp. CLO 2013-1, Ltd. (“Saratoga CLO”) and the Class F-2-R-3 Notes tranche of the Saratoga CLO every quarter. In addition, all our investments are subject to the following valuation process: ● The audit committee of our board of directors reviews and approves each preliminary valuation and our Manager and independent valuation firm (if applicable) will supplement the preliminary valuation to reflect any comments provided by the audit committee; and ● Our board of directors discusses the valuations and approves the fair value of each investment, in good faith, based on the input of our Manager, independent valuation firm (to the extent applicable) and the audit committee of our board of directors. We use multiple techniques for determining fair value based on the nature of the investment and experience with those types of investments and specific portfolio companies. The selections of the valuation techniques and the inputs and assumptions used within those techniques often require subjective judgements and estimates. These techniques include market comparables, discounted cash flows and enterprise value waterfalls. Fair value is best expressed as a range of values from which the Company determines a single best estimate. The types of inputs and assumptions that may be considered in determining the range of values of our investments include the nature and realizable value of any collateral, the portfolio company’s ability to make payments, market yield trend analysis and volatility in future interest rates, call and put features, the markets in which the portfolio company does business, comparison to publicly traded companies, discounted cash flows and other relevant factors. The Company’s investment in Saratoga CLO is carried at fair value, which is based on a discounted cash flow valuation technique that utilizes prepayment, re-investment and loss inputs based on historical experience and projected performance, economic factors, the characteristics of the underlying cash flow and comparable yields for equity interests in collateralized loan obligation funds similar to Saratoga CLO, when available, as determined by our Manager and recommended to our board of directors. Specifically, we use Intex cash flows, or an appropriate substitute, to form the basis for the valuation of our investment in Saratoga CLO. The cash flows use a set of inputs including projected default rates, recovery rates, reinvestment rates and prepayment rates in order to arrive at estimated valuations. The inputs are based on available market data and projections provided by third parties as well as management estimates. The Company uses the output from the Intex models (i.e., the estimated cash flows) to perform a discounted cash flow analysis on expected future cash flows to determine the valuation for our investment in Saratoga CLO. The Company’s equity investment in SLF JV is measured using the proportionate share of the net asset value, or equivalent, of SLF JV as a practical expedient for fair value, provided by ASC 820. Because such valuations, and particularly valuations of private investments and private companies, are inherently uncertain, they may fluctuate over short periods of time and may be based on estimates. The determination of fair value may differ materially from the values that would have been used if a ready market for these investments existed. The Company’s net asset value could be materially affected if the determinations regarding the fair value of our investments were materially higher or lower than the values that we ultimately realize upon the disposal of such investments. In December 2020, the U.S. Securities and Exchange Commission (the “SEC”) adopted a new rule providing a framework for fund valuation practices. New Rule 2a-5 under the 1940 Act (“Rule 2a-5”) establishes requirements for determining fair value in good faith for purposes of the 1940 Act. Rule 2a-5 will permit boards of directors, subject to board oversight and certain other conditions, to designate certain parties to perform fair value determinations. Rule 2a-5 also defines when market quotations are “readily available” for purposes of the 1940 Act and the threshold for determining whether a fund must determine the fair value of a security. The SEC also adopted new Rule 31a-4 under the 1940 Act (“Rule 31a-4”), which provides the recordkeeping requirements associated with fair value determinations. Finally, the SEC is rescinding previously issued guidance on related issues, including the role of the board in determining fair value and the accounting and auditing of fund investments. Rule 2a-5 and Rule 31a-4 became effective on March 8, 2021, and have a compliance date of September 8, 2022. While our board of directors has not elected to designate Saratoga Investment Advisors as the valuation designee, the Company has adopted certain revisions to its valuation policies and procedures in order comply with the applicable requirements of Rule 2a-5 and Rule 31a-4.
Derivative Financial Instruments	Derivative Financial Instruments The Company accounts for derivative financial instruments in accordance with FASB ASC Topic 815, Derivatives and Hedging
Investment Transactions and Income Recognition	Investment Transactions and Income Recognition Purchases and sales of investments and the related realized gains or losses are recorded on a trade-date basis. Interest income, adjusted for amortization of premium and accretion of discount, is recorded on an accrual basis to the extent that such amounts are expected to be collected. The Company stops accruing interest on its investments when it is determined that interest is no longer collectible. Discounts and premiums on investments purchased are accreted/amortized using the effective yield method. The amortized cost of investments represents the original cost adjusted for the accretion of discounts over the life of the investment and amortization of premiums on investments up to the earliest call date. Loans are generally placed on non-accrual status when there is reasonable doubt that principal or interest will be collected. Accrued interest is generally reserved when a loan is placed on non-accrual status. Interest payments received on non-accrual loans may be recognized as a reduction in principal depending upon management’s judgment regarding collectability. Non-accrual loans are restored to accrual status when past due principal and interest is paid and, in management’s judgment, are likely to remain current, although we may make exceptions to this general rule if the loan has sufficient collateral value and is in the process of collection. At August 31, 2022, our investment in one portfolio company was on non-accrual status with a fair value of approximately $9.7 million, or 1.0% of the fair value of our portfolio. At February 28, 2022, there were no investments on non-accrual status. Interest income on our investment in Saratoga CLO is recorded using the effective interest method in accordance with the provisions of ASC Topic 325, Investments-Other, Beneficial Interests in Securitized Financial Assets
Payment-in-Kind Interest	Payment-in-Kind Interest The Company holds debt and preferred equity investments in its portfolio that contain a payment-in-kind (“PIK”) interest provision. The PIK interest, which represents contractually deferred interest added to the investment balance that is generally due at maturity, is generally recorded on the accrual basis to the extent such amounts are expected to be collected. The Company stops accruing PIK interest if it is expected that the issuer will not be able to pay all principal and interest when due.
Dividend Income	Dividend Income Dividend income is recorded in the consolidated statements of operations when earned.
Structuring and Advisory Fee Income	Structuring and Advisory Fee Income Structuring and advisory fee income represents various fee income earned and received for performing certain investment structuring and advisory activities during the closing of new investments.
Other Income	Other Income Other income includes prepayment income fees, and monitoring, administration and amendment fees and is recorded in the consolidated statements of operations when earned.
Deferred Debt Financing Costs	Deferred Debt Financing Costs Financing costs incurred in connection with our credit facility and notes are deferred and amortized using the straight-line method over the life of the respective facility and debt securities. Financing costs incurred in connection with the SBA debentures of SBIC LP and SBIC II LP are deferred and amortized using the straight-line method over the life of the debentures. Any discount or premium on the issuance of any debt is amortized using the effective interest method over the life of the respective debt security. The Company presents deferred debt financing costs on the balance sheet as a contra-liability as a direct deduction from the carrying amount of that debt liability, consistent with debt discounts.
Realized Loss on Extinguishment of Debt	Realized Loss on Extinguishment of Debt Upon the repayment of debt obligations that are deemed to be extinguishments, the difference between the principal amount due at maturity adjusted for any unamortized debt issuance costs is recognized as a loss (i.e., the unamortized debt issuance costs are recognized as a loss upon extinguishment of the underlying debt obligation).
Contingencies	Contingencies In the ordinary course of business, the Company may enter into contracts or agreements that contain indemnifications or warranties. Future events could occur that lead to the execution of these provisions against the Company. Based on its history and experience, management reasonably believes that the likelihood of such an event is remote. Therefore, the Company has not accrued any liabilities in connection with such indemnifications. In the ordinary course of business, the Company may directly or indirectly be a defendant or plaintiff in legal actions with respect to bankruptcy, insolvency or other types of proceedings. Such lawsuits may involve claims that could adversely affect the value of certain financial instruments owned by the Company.
Income Taxes	Income Taxes The Company has elected, and intends to qualify annually, to be treated for U.S. federal income tax purposes as a RIC under Subchapter M of the Code. By meeting these requirements, the Company will not be subject to corporate federal income taxes on ordinary income or capital gains timely distributed to stockholders. Therefore, no provision has been recorded for federal income taxes, except as related to the Taxable Blockers and long-term capital gains, when applicable. In order to qualify as a RIC, among other requirements, the Company is required to timely distribute to its stockholders at least 90% of its “investment company taxable income”, as defined by the Code, for each fiscal tax year. The Company will be subject to a nondeductible U.S. federal excise tax of 4% on undistributed income if it does not distribute at least (1) 98% of its net ordinary income in any calendar year, (2) 98.2% of its capital gain net income for each one-year period ending on October 31 and (3) any net ordinary income and capital gain net income that it recognized for preceding years, but were not distributed during such year, and on which the Company paid no U.S federal income tax. Depending on the level of investment company taxable income earned in a tax year and the amount of net capital gains recognized in such tax year, the Company may choose to carry forward investment company taxable income and net capital gains in excess of current year dividend distributions into the next tax year and pay the 4.0% U.S. federal excise tax on such income, as required. To the extent that the Company determines that its estimated current year annual investment company taxable income will be in excess of estimated current year dividend distributions for U.S. federal excise tax purposes, the Company accrues the U.S. federal excise tax, if any, on estimated excess taxable income as taxable income is earned. In accordance with U.S. Treasury regulations and published guidance issued by the Internal Revenue Service (“IRS”), a publicly offered RIC may treat a distribution of its own stock as counting toward its RIC distribution requirements if each stockholder elects to receive his, her, or its entire distribution in either cash or stock of the RIC. This published guidance indicates that the rule will apply where the aggregate amount of cash to be distributed to all stockholders is not at least 20.0% of the aggregate declared distribution. Under the published guidance, if too many stockholders elect to receive cash, the cash available for distribution must be allocated among the stockholders electing to receive cash (with the balance of the distribution paid in stock). In no event will any stockholder, electing to receive cash, receive less than 20.0% of his or her entire distribution in cash. If these and certain other requirements are met, for U.S. federal income tax purposes, the amount of the dividend paid in stock will be equal to the amount of cash that could have been received instead of stock. The Company may utilize wholly owned holding companies taxed under Subchapter C of the Code or tax blockers, when making equity investments in portfolio companies taxed as pass-through entities to meet its source-of-income requirements as a RIC. Taxable Blockers are consolidated in the Company’s U.S. GAAP financial statements and may result in current and deferred federal and state income tax expense with respect to income derived from those investments. Such income, net of applicable income taxes, is not included in the Company’s tax-basis net investment income until distributed by the Taxable Blocker, which may result in timing and character differences between the Company’s U.S. GAAP and tax-basis net investment income and realized gains and losses. Income tax expense or benefit from Taxable Blockers related to net investment income are included in total operating expenses, while any expense or benefit related to federal or state income tax originated for capital gains and losses are included together with the applicable net realized or unrealized gain or loss line item. Deferred tax assets of the Taxable Blockers are reduced by a valuation allowance when, in the opinion of management, it is more-likely than-not that some portion or all of the deferred tax assets will not be realized. FASB ASC Topic 740, Income Taxes,
Dividends	Dividends Dividends to common stockholders are recorded on the ex-dividend date. The amount to be paid out as a dividend is determined by the board of directors. Net realized capital gains, if any, are generally distributed at least annually, although we may decide to retain some or all of our net capital gains for reinvestment. We have adopted a dividend reinvestment plan (“DRIP”) that provides for reinvestment of our dividend distributions on behalf of our stockholders unless a stockholder elects to receive cash. As a result, if our board of directors authorizes, and we declare, a cash dividend, then our stockholders who have not “opted out” of the DRIP by the dividend record date will have their cash dividends automatically reinvested into additional shares of our common stock, rather than receiving the cash dividends. We have the option to satisfy the share requirements of the DRIP through the issuance of new shares of common stock or through open market purchases of common stock by the DRIP plan administrator.
Capital Gains Incentive Fee	Capital Gains Incentive Fee The Company records an expense accrual on the consolidated statements of operations relating to the capital gains incentive fee payable by the Company to the Manager on the consolidated statements of assets and liabilities when the net realized and unrealized gain on its investments exceed all net realized and unrealized capital losses on its investments because a capital gains incentive fee would be owed to the Manager if the Company were to liquidate its investment portfolio at such time. The actual incentive fee payable to the Manager related to capital gains will be determined and payable in arrears at the end of each fiscal year and only reflected those net realized capital gains net of realized and unrealized losses for the period.
Recent Accounting Pronouncements	Recent Accounting Pronouncements In March 2020, the FASB issued ASU 2020-04, Reference Rate Reform
Risk Management	Risk Management In the ordinary course of its business, the Company manages a variety of risks, including market risk and credit risk. Market risk is the risk of potential adverse changes to the value of investments because of changes in market conditions such as interest rate movements and volatility in investment prices. Credit risk is the risk of default or non-performance by portfolio companies, equivalent to the investment’s carrying amount. The Company is also exposed to credit risk related to maintaining all of its cash and cash equivalents, including those in reserve accounts, at a major financial institution and credit risk related to any of its derivative counterparties. The Company has investments in lower rated and comparable quality unrated high yield bonds and bank loans. Investments in high yield investments are accompanied by a greater degree of credit risk. The risk of loss due to default by the issuer is significantly greater for holders of high yield securities, because such investments are generally unsecured and are often subordinated to other creditors of the issuer.

Summary of Significant Accoun_2

Summary of Significant Accounting Policies (Tables)	6 Months Ended
	Aug. 31, 2022
Accounting Policies [Abstract]
Schedule of reconciliation of cash and cash equivalents and cash and cash equivalents	August 31, August 31, Cash and cash equivalents $ 3,068,165 $ 60,268,602 Cash and cash equivalents, reserve accounts 9,579,226 13,040,805 Total cash and cash equivalents and cash and cash equivalents, reserve accounts $ 12,647,391 $ 73,309,407

Investments (Tables)

Investments (Tables)	6 Months Ended
	Aug. 31, 2022
Investments (Tables) [Line Items]
Schedule of fair value measurements of investments, by major class	Fair Value Measurements Valued Level 1 Level 2 Level 3 Asset Value* Total First lien term loans $ - $ - $ 793,011 - $ 793,011 Second lien term loans - - 23,662 - 23,662 Unsecured term loans - - 16,841 - 16,841 Structured finance securities - - 32,327 - 32,327 Equity interests - - 82,096 6,727 88,823 Total $ - $ - $ 947,937 $ 6,727 $ 954,664 * The Company’s equity investment in SLF JV is measured using the proportionate share of the net asset value, or equivalent, as a practical expedient and thus has not been classified in the fair value hierarchy. Fair Value Measurements Valued Level 1 Level 2 Level 3 Asset Value* Total First lien term loans $ - $ - $ 631,572 $ - $ 631,572 Second lien term loans - - 44,386 - 44,386 Unsecured loans - - 15,931 - 15,931 Structured finance securities - - 38,030 - 38,030 Equity interests - - 75,632 12,016 87,648 Total $ - $ - $ 805,551 $ 12,016 $ 817,567 * The Company’s equity investment in SLF JV is measured using the proportionate share of the net asset value, or equivalent, as a practical expedient and thus has not been classified in the fair value hierarchy.
Schedule of reconciliation of beginning and ending balances for investments	First lien Second lien Unsecured Structured Equity Total Balance as of February 28, 2022 $ 631,572 $ 44,386 $ 15,931 $ 38,030 $ 75,632 $ 805,551 Payment-in-kind and other adjustments to cost 160 - - (2,160 ) 405 (1,595 ) Net accretion of discount on investments 851 (17 ) - - - 834 Net change in unrealized appreciation (depreciation) on investments (10,606 ) (691 ) (37 ) (3,543 ) (1,478 ) (16,355 ) Purchases 241,133 4,950 947 - 9,537 256,567 Sales and repayments (70,262 ) (24,966 ) - - (9,944 ) (105,172 ) Net realized gain (loss) from investments 163 - - - 7,944 8,107 Balance as of August 31, 2022 $ 793,011 $ 23,662 $ 16,841 $ 32,327 $ 82,096 $ 947,937 Net change in unrealized appreciation (depreciation) for the period relating to those Level 3 assets that were still held by the Company at the end of the period $ (10,543 ) $ (881 ) $ (37 ) $ (3,544 ) $ 3,623 $ (11,382 ) First lien Second lien Unsecured Structured Equity Total Balance as of February 28, 2021 $ 440,456 $ 24,930 $ 2,141 $ 49,779 $ 37,007 $ 554,313 Payment-in-kind and other adjustments to cost 389 30 498 658 331 1,906 Net accretion of discount on investments 874 10 - - - 884 Net change in unrealized appreciation (depreciation) on investments 285 73 49 2,499 17,283 20,189 Purchases 173,018 19,825 - - 42,338 235,181 Sales and repayments (121,429 ) - - (8,360 ) (19,998 ) (149,787 ) Net realized gain (loss) from investments - - - (140 ) 3,551 3,411 Balance as of August 31, 2021 $ 493,593 $ 44,868 $ 2,688 $ 44,436 $ 80,512 $ 666,097 Net change in unrealized appreciation (depreciation) for the year relating to those Level 3 assets that were still held by the Company at the end of the period $ 1,790 $ 73 $ 49 $ 2,952 $ 16,605 $ 21,469
Schedule of valuation techniques and significant unobservable inputs used in recurring Level 3 fair value measurements of assets	Fair Value Valuation Technique Unobservable Input Range Weighted Average* First lien term loans $ 793,011 Market Comparables Market Yield (%) 8.1% - 16.4% 10.7 % Revenue Multiples (x) 3.0x - 8.0x 4.4 x Second lien term loans 23,662 Market Comparables Market Yield (%) 10.0% - 46.5% 26.1 % Unsecured term loans 16,841 Market Comparables Market Yield (%) 10.0% - 25.5% 12.6 % Collateral Value Coverage Net Asset Value 100.0% 100.0 % Structured finance securities 32,327 Discounted Cash Flow Discount Rate (%) 13.0% - 18.0% 16.7 % Recovery Rate (%) 35% - 70% 70.0 % Prepayment Rate (%) 20.0% 20.0 % Equity interests 82,096 Enterprise Value Waterfall EBITDA Multiples (x) 4.0x - 28.6x 9.9 x Revenue Multiples (x) 1.0x - 11.7x 6.1 x Total $ 947,937 * The weighted average in the table above is calculated based on each investment’s fair value weighting, using the applicable unobservable input. Fair Value Valuation Technique Unobservable Input Range Weighted Average* First lien term loans $ 631,572 Market Comparables Market Yield (%) 6.0% - 11.3% 8.4 % Revenue Multiples (x) 3.5x 3.5 x Second lien term loans 44,386 Market Comparables Market Yield (%) 8.9% - 32.9% 15.6 % EBITDA Multiples (x) 7.5x 7.5 x Unsecured term loans 15,931 Market Comparables Market Yield (%) 22.3% 22.3 % Net Asset Value 100.0% 100.0 % Structured finance securities 38,030 Discounted Cash Flow Discount Rate (%) 10.0% - 15.0% 14.2 % Recovery Rate (%) 35.0% - 70.0% 70.0 % Prepayment Rate (%) 20.0% 20.0 % Equity interests 75,632 Enterprise Value Waterfall EBITDA Multiples (x) 4.0x - 14.0x 9.7 x Revenue Multiples (x) 0.5x - 38.3x 4.6 x Third-party bid 100.0% 100.0 % Total $ 805,551 * The weighted average in the table above is calculated based on each investment’s fair value weighting, using the applicable unobservable input.
Schedule of investments at amortized cost and fair value	Investments Amortized Investments at Fair Value First lien term loans $ 803,082 84.0 % $ 793,011 83.0 % Second lien term loans 29,829 3.1 23,662 2.5 Unsecured term loans 17,051 1.8 16,841 1.8 Structured finance securities 39,489 4.1 32,327 3.4 Equity interests 66,486 7.0 88,823 9.3 Total $ 955,937 100.0 % $ 954,664 100.0 % Investments Amortized Investments at Fair Value First lien term loans $ 631,037 79.3 % $ 631,572 77.3 % Second lien term loans 49,862 6.3 44,386 5.4 Unsecured term loans 16,104 2.0 15,931 1.9 Structured finance securities 41,648 5.2 38,030 4.7 Equity interests 57,597 7.2 87,648 10.7 Total $ 796,248 100.0 % $ 817,567 100.0 %
Saratoga CLO [Member]
Investments (Tables) [Line Items]
Schedule of financial information from the separate financial statements	August 31, February 28, (unaudited) ASSETS Investments at fair value Loans at fair value (amortized cost of $644,334,357 and $653,022,265, respectively) $ 604,030,601 $ 638,929,660 Equities at fair value (amortized cost of $0 and $0, respectively) - 33,690 Total investments at fair value (amortized cost of $644,334,357 and $653,022,265, respectively) 604,030,601 638,963,350 Cash and cash equivalents 11,877,748 6,171,793 Receivable from open trades 4,213,956 9,152,660 Interest receivable (net of reserve of $261,203 and $0, respectively) 2,794,158 2,062,856 Due from affiliate (See Note 7) 25,209 - Prepaid expenses and other assets 56,209 100,067 Total assets $ 622,997,881 $ 656,450,726 LIABILITIES Interest payable $ 3,521,003 $ 1,659,776 Payable from open trades 9,263,750 18,794,627 Accrued base management fee 72,710 72,510 Accrued subordinated management fee 290,841 290,040 Accounts payable and accrued expenses 135,556 58,716 Saratoga Investment Corp. CLO 2013-1, Ltd. Notes: Class A-1-R-3 Senior Secured Floating Rate Notes 357,500,000 357,500,000 Class A-2-R-3 Senior Secured Floating Rate Notes 65,000,000 65,000,000 Class B-FL-R-3 Senior Secured Floating Rate Notes 60,500,000 60,500,000 Class B-FXD-R-3 Senior Secured Fixed Rate Notes 11,000,000 11,000,000 Class C-FL-R-3 Deferrable Mezzanine Floating Rate Notes 26,000,000 26,000,000 Class C-FXD-R-3 Deferrable Mezzanine Fixed Rate Notes 6,500,000 6,500,000 Class D-R-3 Deferrable Mezzanine Floating Rate Notes 39,000,000 39,000,000 Discount on Class D-R-3 Notes (256,168 ) (268,301 ) Class E-R-3 Deferrable Mezzanine Floating Rate Notes 27,625,000 27,625,000 Discount on Class E-R-3 Notes (2,661,304 ) (2,787,348 ) Class F-1-R-3 Notes Deferrable Junior Floating Rate Notes 8,500,000 8,500,000 Class F-2-R-3 Notes Deferrable Junior Floating Rate Notes 9,375,000 9,375,000 Deferred debt financing costs (1,992,002 ) (2,086,928 ) Subordinated Notes 111,000,000 111,000,000 Discount on Subordinated Notes (42,091,366 ) (44,084,883 ) Total liabilities $ 688,283,020 $ 693,648,209 Commitments and contingencies NET ASSETS Ordinary equity, par value $1.00, 250 ordinary shares authorized, 250 and 250 common shares issued and outstanding, respectively $ 250 $ 250 Total distributable earnings (loss) (65,285,389 ) (37,197,733 ) Total net assets (65,285,139 ) (37,197,483 ) Total liabilities and net assets $ 622,997,881 $ 656,450,726
Schedule of statements of operations	For the three months ended For the six months ended August 31, August 31, August 31, 2022 August 31, 2021 INVESTMENT INCOME Total interest from investments $ 9,176,167 $ 7,866,198 $ 17,321,614 $ 15,613,938 Interest from cash and cash equivalents 6,105 119 6,105 691 Other income 12,108 200,320 115,604 517,377 Total investment income 9,194,380 8,066,637 17,443,323 16,132,006 EXPENSES Interest and debt financing expenses 8,577,449 5,569,557 16,109,813 10,405,734 Base management fee 163,405 162,925 326,598 326,571 Subordinated management fee 653,619 651,697 1,306,390 1,306,283 Professional fees 129,229 109,691 210,393 145,357 Trustee expenses 64,742 121,329 132,828 121,329 Other expense 113,216 54,156 151,305 113,939 Total expenses 9,701,660 6,669,355 18,237,327 12,419,213 NET INVESTMENT INCOME (LOSS) (507,280 ) 1,397,282 (794,004 ) 3,712,793 REALIZED AND UNREALIZED LOSS ON INVESTMENTS Net realized gain (loss) from investments (1,144,858 ) 175,669 (1,067,201 ) (389,425 ) Net change in unrealized appreciation (depreciation) on investments (1,544,463 ) (662,095 ) (26,226,451 ) (1,143,192 ) Net realized and unrealized gain (loss) on investments (2,689,321 ) (486,426 ) (27,293,652 ) (1,532,617 ) NET INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS $ (3,196,601 ) $ 910,856 $ (28,087,656 ) $ 2,180,176
Schedule of investments cash and cash equivalents	Issuer Name Industry Asset Name Asset Reference Rate/Spread LIBOR Current Maturity Principal/ Cost Fair Value 19TH HOLDINGS GOLF, LLC Consumer goods: Durable Term Loan Loan 1M USD SOFR+ 3.00 % 0.50 % 5.39 % 2/7/2029 $ 500,000 $ 497,718 $ 465,000 888 Acquisitions Limited Hotel, Gaming & Leisure Term Loan B Loan 6M USD SOFR+ 5.25 % 0.00 % 8.28 % 7/8/2028 2,000,000 1,702,661 1,723,340 ADMI Corp. Healthcare & Pharmaceuticals Term Loan B Loan 1M USD LIBOR+ 2.75 % 0.00 % 5.27 % 4/30/2025 1,920,276 1,916,024 1,803,734 Adtalem Global Education Inc. Services: Business Term Loan B (02/21) Loan 1M USD LIBOR+ 4.00 % 0.75 % 6.37 % 8/11/2028 1,033,969 1,025,096 1,022,336 Aegis Sciences Corporation Healthcare & Pharmaceuticals Term Loan Loan 3M USD LIBOR+ 5.50 % 1.00 % 8.41 % 5/9/2025 2,441,552 2,431,668 2,370,747 Agiliti Health Inc. Healthcare & Pharmaceuticals Term Loan (1/19) Loan 1M USD LIBOR+ 2.75 % 0.00 % 5.13 % 1/4/2026 1,476,058 1,470,109 1,439,156 Agiliti Health Inc. Healthcare & Pharmaceuticals Term Loan (09/20) Loan 1M USD LIBOR+ 2.75 % 0.75 % 5.13 % 1/4/2026 214,286 212,857 208,929 AHEAD DB Holdings, LLC Services: Business Term Loan (04/21) Loan 3M USD LIBOR+ 3.75 % 0.75 % 6.01 % 10/18/2027 2,970,000 2,878,591 2,891,295 AI Convoy (Luxembourg) S.a.r.l. Aerospace & Defense Term Loan B (USD) Loan 6M USD LIBOR+ 3.50 % 1.00 % 5.05 % 1/18/2027 1,462,072 1,457,624 1,430,477 Air Canada Transportation: Consumer Term Loan B (07/21) Loan 3M USD LIBOR+ 3.50 % 0.75 % 6.42 % 8/11/2028 2,000,000 1,851,463 1,930,360 AIS HoldCo, LLC Services: Business Term Loan Loan 3M USD LIBOR+ 5.00 % 0.00 % 7.81 % 8/15/2025 4,789,642 4,686,035 4,622,004 Alchemy Copyrights, LLC Media: Diversified & Production Term Loan B Loan 1M USD LIBOR+ 3.00 % 0.50 % 5.37 % 3/10/2028 491,269 488,557 483,900 Alchemy US Holdco 1, LLC Metals & Mining Term Loan Loan 1M USD LIBOR+ 5.50 % 0.00 % 5.60 % 10/10/2025 1,654,803 1,642,240 1,582,819 AlixPartners, LLP Banking, Finance, Insurance & Real Estate Term Loan B (01/21) Loan 1M USD LIBOR+ 2.75 % 0.50 % 5.27 % 2/4/2028 246,875 246,389 240,878 Alkermes, Inc. Healthcare & Pharmaceuticals Term Loan B (3/21) Loan 1M USD LIBOR+ 2.50 % 0.50 % 4.88 % 3/12/2026 2,137,039 2,121,720 2,046,214 Allen Media, LLC Media: Diversified & Production Term Loan (7/21) Loan 3M USD SOFR+ 5.50 % 0.00 % 7.70 % 2/10/2027 4,416,858 4,388,245 3,854,812 Alliant Holdings Intermediate, LLC Banking, Finance, Insurance & Real Estate Term Loan B4 Loan 1M USD LIBOR+ 3.50 % 0.50 % 5.88 % 11/5/2027 992,500 991,536 964,710 Allied Universal Holdco LLC Services: Business Term Loan 4/21 Loan 1M USD LIBOR+ 3.75 % 0.50 % 6.27 % 5/12/2028 1,985,000 1,976,181 1,890,971 Altisource Solutions S.a r.l. Banking, Finance, Insurance & Real Estate Term Loan B (03/18) Loan 3M USD LIBOR+ 4.00 % 1.00 % 6.25 % 4/3/2024 1,223,297 1,220,817 1,010,138 Altium Packaging LLC Containers, Packaging & Glass Term Loan (01/21) Loan 1M USD LIBOR+ 2.75 % 0.50 % 5.13 % 1/29/2028 493,750 491,725 477,397 American Greetings Corporation Media: Advertising, Printing & Publishing Term Loan Loan 1M USD LIBOR+ 4.50 % 1.00 % 6.88 % 4/6/2024 3,012,861 3,011,294 2,967,668 American Trailer World Corp Automotive Term Loan Loan 1M USD SOFR+ 3.75 % 0.75 % 6.31 % 3/3/2028 1,980,000 1,975,170 1,843,380 AmWINS Group, LLC Banking, Finance, Insurance & Real Estate Term Loan 2/21 Loan 1M USD LIBOR+ 2.25 % 0.75 % 4.77 % 2/17/2028 1,970,012 1,949,039 1,921,214 Anastasia Parent LLC Consumer goods: Non-durable Term Loan Loan 3M USD LIBOR+ 3.75 % 0.00 % 6.00 % 8/11/2025 962,500 960,273 779,625 Anchor Glass Container Corporation Containers, Packaging & Glass Term Loan (07/17) Loan 3M USD LIBOR+ 2.75 % 1.00 % 5.10 % 12/7/2023 472,625 472,098 374,437 ANI Pharmaceuticals, Inc. Healthcare & Pharmaceuticals Term Loan B Loan 1M USD LIBOR+ 6.00 % 0.75 % 8.52 % 11/19/2027 2,985,000 2,933,021 2,858,138 AP Core Holdings II LLC High Tech Industries Term Loan B2 Loan 1M USD LIBOR+ 5.50 % 0.75 % 8.02 % 9/1/2027 500,000 493,572 472,915 AP Core Holdings II LLC High Tech Industries Term Loan B1 Loan 1M USD LIBOR+ 5.50 % 0.75 % 8.02 % 9/1/2027 1,925,000 1,900,214 1,817,200 APEX GROUP TREASURY LIMITED Banking, Finance, Insurance & Real Estate Term Loan Incremental Loan 1M USD SOFR+ 5.00 % 0.50 % 6.73 % 7/27/2028 500,000 467,500 488,125 APi Group DE, Inc. (J2 Acquisition) Services: Business Term Loan B Loan 1M USD LIBOR+ 2.50 % 0.00 % 5.02 % 10/1/2026 1,928,237 1,921,239 1,896,305 APLP Holdings Limited Partnership Energy: Electricity Term Loan B (3/21) Loan 3M USD LIBOR+ 3.75 % 1.00 % 6.00 % 5/14/2027 577,859 573,198 571,000 Apollo Commercial Real Estate Finance, Inc. Banking, Finance, Insurance & Real Estate Term Loan B Loan 1M USD LIBOR+ 2.75 % 0.00 % 5.27 % 5/15/2026 2,954,315 2,925,168 2,836,142 Apollo Commercial Real Estate Finance, Inc. Banking, Finance, Insurance & Real Estate Term Loan B1 (2/21) Loan 1M USD LIBOR+ 3.50 % 0.50 % 5.94 % 3/6/2028 987,500 979,308 948,000 AppLovin Corporation High Tech Industries Term Loan B Loan 3M USD LIBOR+ 3.25 % 0.00 % 5.50 % 8/15/2025 984,694 984,694 964,646 Issuer Name Industry Asset Name Asset Reference Rate/Spread LIBOR Current Maturity Principal/ Cost Fair Value AppLovin Corporation High Tech Industries Term Loan (10/21) Loan 3M USD LIBOR+ 3.00 % 0.50 % 5.25 % 10/21/2028 1,496,250 1,492,933 1,452,305 Aramark Corporation Services: Consumer Term Loan Loan 1M USD LIBOR+ 1.75 % 0.00 % 4.27 % 1/15/2027 2,331,250 2,274,480 2,269,472 Aramark Corporation Services: Consumer Term Loan B (4/21) Loan 1M USD LIBOR+ 2.50 % 0.00 % 5.02 % 4/1/2028 1,753,715 1,746,448 1,740,562 ARC FALCON I INC. (a) Chemicals, Plastics, & Rubber Delayed Draw Term Loan Loan N/A N/A N/A N/A 9/29/2028 - (556 ) (7,112 ) ARC FALCON I INC. Chemicals, Plastics, & Rubber Term Loan Loan 1M USD LIBOR+ 3.75 % 0.50 % 6.27 % 9/23/2028 868,248 864,411 819,774 Arches Buyer Inc. Services: Consumer Term Loan B Loan 1M USD LIBOR+ 3.25 % 0.50 % 5.77 % 12/6/2027 1,484,848 1,476,025 1,399,782 Arctic Glacier U.S.A., Inc. Beverage, Food & Tobacco Term Loan (3/18) Loan 3M USD LIBOR+ 3.50 % 1.00 % 4.51 % 3/20/2024 - 6,733 - Aretec Group, Inc. Banking, Finance, Insurance & Real Estate Term Loan (10/18) Loan 1M USD SOFR+ 4.25 % 0.00 % 6.71 % 10/1/2025 1,926,183 1,922,154 1,880,437 ASP BLADE HOLDINGS, INC. Capital Equipment Term Loan Loan 1M USD LIBOR+ 4.00 % 0.50 % 6.52 % 10/7/2028 99,529 99,091 92,705 Asplundh Tree Expert, LLC Services: Business Term Loan 2/21 Loan 1M USD LIBOR+ 1.75 % 0.00 % 4.27 % 9/7/2027 982,500 978,862 966,947 AssuredPartners Capital, Inc. Banking, Finance, Insurance & Real Estate Term Loan B (2/20) Loan 1M USD LIBOR+ 3.50 % 0.00 % 6.02 % 2/12/2027 994,898 991,383 966,543 Assuredpartners Inc. Banking, Finance, Insurance & Real Estate Incremental Term Loan (7/21) Loan 1M USD LIBOR+ 3.50 % 0.50 % 6.02 % 2/12/2027 990,000 990,000 960,607 Assuredpartners Inc. Banking, Finance, Insurance & Real Estate Term Loan Loan 1M USD SOFR+ 3.50 % 0.50 % 5.96 % 2/12/2027 498,750 497,674 484,566 ASTRO ONE ACQUISITION CORPORATION Consumer goods: Durable Term Loan Loan 3M USD LIBOR+ 5.50 % 0.75 % 7.75 % 9/15/2028 2,985,000 2,958,780 2,497,460 Asurion, LLC Banking, Finance, Insurance & Real Estate Term Loan B8 Loan 1M USD LIBOR+ 3.25 % 0.00 % 5.77 % 12/18/2026 2,979,985 2,970,313 2,724,570 Asurion, LLC Banking, Finance, Insurance & Real Estate Term Loan B10 Loan 1M USD SOFR+ 4.00 % 0.00 % 6.40 % 8/19/2028 2,000,000 1,900,276 1,863,340 ATHENAHEALTH GROUP INC. (a) Healthcare & Pharmaceuticals Delayed Draw Term Loan (02/22) Loan N/A N/A N/A N/A 2/15/2029 - - (9,783 ) ATHENAHEALTH GROUP INC. Healthcare & Pharmaceuticals Term Loan B (2/22) Loan 1M USD SOFR+ 3.50 % 0.50 % 5.80 % 2/15/2029 1,282,609 1,276,829 1,224,891 Avast Software S.R.O. (Sybil Finance) High Tech Industries Term Loan (Sybil Software) Loan 3M USD LIBOR+ 1.75 % 0.00 % 4.00 % 3/22/2028 1,875,000 1,871,036 1,865,231 Avaya, Inc. Telecommunications Term Loan B1 Loan 1M USD LIBOR+ 4.25 % 0.00 % 6.64 % 12/15/2027 1,755,766 1,748,093 992,008 Avaya, Inc. Telecommunications Term Loan B-2 (2/21) Loan 1M USD LIBOR+ 4.00 % 0.00 % 6.39 % 12/15/2027 1,000,000 1,000,000 559,380 Avison Young (Canada) Inc Services: Business Term Loan Loan 3M USD LIBOR+ 5.75 % 0.00 % 8.00 % 1/31/2026 3,388,438 3,357,091 3,219,016 Avison Young (Canada) Inc Services: Business Term Loan (08/22) Loan 1M USD SOFR+ 7.00 % 0.00 % 9.49 % 1/31/2026 750,000 705,347 716,250 Avolon TLB Borrower 1 (US) LLC Capital Equipment Term Loan B3 Loan 1M USD LIBOR+ 1.75 % 0.75 % 4.12 % 1/15/2025 1,000,000 916,194 983,330 Avolon TLB Borrower 1 (US) LLC Capital Equipment Term Loan B5 (7/21) Loan 1M USD LIBOR+ 2.25 % 0.50 % 4.62 % 12/1/2027 492,500 488,674 483,512 AZURITY PHARMACEUTICALS, INC. Healthcare & Pharmaceuticals Term Loan B Loan 3M USD LIBOR+ 6.00 % 0.75 % 8.31 % 9/20/2027 487,500 474,379 433,875 B&G Foods, Inc. Beverage, Food & Tobacco Term Loan Loan 1M USD LIBOR+ 2.50 % 0.00 % 5.02 % 10/10/2026 706,458 702,199 673,121 B.C. Unlimited Liability Co (Burger King) Beverage, Food & Tobacco Term Loan B4 Loan 1M USD LIBOR+ 1.75 % 0.00 % 4.27 % 11/19/2026 1,462,500 1,434,644 1,418,318 BAKELITE UK INTERMEDIATE LTD. Chemicals, Plastics, & Rubber Term Loan Loan 3M USD SOFR+ 4.00 % 0.50 % 6.16 % 2/1/2029 1,000,000 995,200 955,000 Baldwin Risk Partners, LLC Banking, Finance, Insurance & Real Estate Term Loan Loan 1M USD LIBOR+ 3.50 % 0.50 % 5.88 % 10/14/2027 1,232,550 1,220,752 1,200,196 Bausch Health Companies Inc. Healthcare & Pharmaceuticals Term Loan B (1/22) Loan 1M USD SOFR+ 5.25 % 0.50 % 7.66 % 2/1/2027 2,000,000 1,795,000 1,590,000 BCPE Empire Holdings, Inc. Services: Business Term Loan Amendment 3 Loan 1M USD SOFR+ 4.63 % 0.00 % 7.18 % 6/11/2026 498,750 481,970 482,541 Belfor Holdings Inc. Services: Consumer Term Loan Loan 1M USD LIBOR+ 4.00 % 0.00 % 6.52 % 4/6/2026 246,819 246,653 243,117 Issuer Name Industry Asset Name Asset Reference Rate/Spread LIBOR Current Maturity Principal/ Cost Fair Value Belfor Holdings Inc. Services: Consumer Term Loan B-2 (3/22) Loan 1M USD SOFR+ 4.25 % 0.50 % 6.71 % 4/6/2026 1,000,000 972,460 985,000 Belron Finance US LLC Automotive Term Loan B (3/21) Loan 3M USD LIBOR+ 2.50 % 0.50 % 5.38 % 4/13/2028 1,975,000 1,958,729 1,942,294 Bengal Debt Merger Sub LLC Beverage, Food & Tobacco Term Loan Loan 1M USD SOFR+ 3.25 % 0.50 % 5.68 % 1/24/2029 2,000,000 1,998,507 1,914,280 Blackstone Mortgage Trust, Inc. Banking, Finance, Insurance & Real Estate Term Loan (6/21) Loan 1M USD LIBOR+ 2.75 % 0.50 % 5.27 % 4/23/2026 1,472,597 1,464,443 1,424,738 Blackstone Mortgage Trust, Inc. Banking, Finance, Insurance & Real Estate Term Loan B Loan 1M USD LIBOR+ 2.25 % 0.00 % 4.77 % 4/23/2026 984,810 979,466 951,573 Blucora, Inc. Services: Consumer Term Loan (11/17) Loan 3M USD LIBOR+ 4.00 % 1.00 % 6.25 % 5/22/2024 2,287,052 2,283,201 2,269,899 Blue Tree Holdings, Inc. Chemicals, Plastics, & Rubber Term Loan (2/21) Loan 3M USD LIBOR+ 2.50 % 0.00 % 4.76 % 3/4/2028 987,500 985,520 957,875 Bombardier Recreational Products, Inc. Consumer goods: Durable Term Loan (1/20) Loan 1M USD LIBOR+ 2.00 % 0.00 % 4.52 % 5/24/2027 1,462,549 1,455,033 1,408,801 Boxer Parent Company, Inc. High Tech Industries Term Loan (2/21) Loan 1M USD LIBOR+ 3.75 % 0.00 % 6.12 % 10/2/2025 519,820 519,820 500,675 Bracket Intermediate Holding Corp Healthcare & Pharmaceuticals Term Loan Loan 3M USD LIBOR+ 4.25 % 0.00 % 6.54 % 9/5/2025 962,500 960,298 940,844 BrightSpring Health Services (Phoenix Guarantor) Healthcare & Pharmaceuticals Term Loan B-3 Loan 1M USD LIBOR+ 3.50 % 0.00 % 5.94 % 3/5/2026 987,500 987,500 954,419 BroadStreet Partners, Inc. Banking, Finance, Insurance & Real Estate Term Loan B3 Loan 1M USD LIBOR+ 3.00 % 0.00 % 5.52 % 1/22/2027 2,963,947 2,959,109 2,870,256 Brookfield WEC Holdings Inc. Energy: Electricity Term Loan (1/21) Loan 1M USD LIBOR+ 2.75 % 0.50 % 5.27 % 8/1/2025 1,470,075 1,471,797 1,433,147 BROWN GROUP HOLDING, LLC Aerospace & Defense Term Loan B-2 Loan 1M USD SOFR+ 3.75 % 0.00 % 6.21 % 6/8/2029 500,000 487,659 492,410 Buckeye Partners, L.P. Utilities: Oil & Gas Term Loan (1/21) Loan 1M USD LIBOR+ 2.25 % 0.00 % 4.62 % 11/1/2026 1,960,138 1,949,299 1,927,168 BW Gas & Convenience Holdings LLC Beverage, Food & Tobacco Term Loan B Loan 1M USD LIBOR+ 3.50 % 0.50 % 6.02 % 3/31/2028 2,475,000 2,454,497 2,376,000 Callaway Golf Company Retail Term Loan B Loan 1M USD LIBOR+ 4.50 % 0.00 % 7.02 % 1/4/2026 678,750 671,259 676,490 Camping World, Inc. Retail Term Loan B (5/21) Loan 1M USD LIBOR+ 2.50 % 0.75 % 4.99 % 6/5/2028 2,500,000 2,263,750 2,332,825 CareerBuilder, LLC Services: Business Term Loan Loan 3M USD LIBOR+ 6.75 % 1.00 % 9.00 % 7/31/2023 5,393,388 5,296,559 3,437,152 CareStream Health, Inc. Containers, Packaging & Glass Term Loan B Loan 1M USD LIBOR+ 4.00 % 0.00 % 6.52 % 7/18/2026 982,278 975,165 958,949 Casa Systems, Inc Telecommunications Term Loan Loan 3M USD LIBOR+ 4.00 % 1.00 % 6.25 % 12/20/2023 1,383,625 1,380,672 1,170,893 Castle US Holding Corporation Media: Advertising, Printing & Publishing Term Loan B (USD) Loan 1M USD LIBOR+ 3.75 % 0.00 % 6.27 % 1/27/2027 1,971,757 1,961,464 1,651,347 CBI BUYER, INC. Consumer goods: Durable Term Loan Loan 1M USD LIBOR+ 3.25 % 0.50 % 5.65 % 1/6/2028 2,984,962 2,816,427 2,703,868 CCC Intelligent Solutions Inc. Services: Business Term Loan B Loan 3M USD LIBOR+ 2.25 % 0.50 % 4.50 % 9/16/2028 248,750 248,206 243,360 CCI Buyer, Inc Telecommunications Term Loan Loan 3M USD SOFR+ 4.00 % 0.75 % 6.05 % 12/17/2027 246,875 244,910 237,000 CCRR Parent, Inc. Healthcare & Pharmaceuticals Term Loan B Loan 3M USD LIBOR+ 3.75 % 0.75 % 6.01 % 3/5/2028 987,500 983,313 957,875 CCS-CMGC Holdings, Inc. Healthcare & Pharmaceuticals Term Loan Loan 1M USD LIBOR+ 5.50 % 0.00 % 8.02 % 9/25/2025 2,412,500 2,400,790 2,346,156 CDK GLOBAL, INC. High Tech Industries Term Loan B Loan 3M USD SOFR+ 4.50 % 0.50 % 6.61 % 7/6/2029 1,000,000 970,484 973,470 Cengage Learning, Inc. Media: Advertising, Printing & Publishing Term Loan B (6/21) Loan 6M USD LIBOR+ 4.75 % 1.00 % 7.81 % 7/14/2026 2,977,500 2,953,751 2,808,408 CENTURI GROUP, INC. Construction & Building Term Loan B Loan 1M USD LIBOR+ 2.50 % 0.50 % 5.02 % 8/27/2028 883,330 875,628 859,868 CenturyLink, Inc. Telecommunications Term Loan B (1/20) Loan 1M USD LIBOR+ 2.25 % 0.00 % 4.77 % 3/15/2027 3,909,849 3,904,921 3,675,258 Charlotte Buyer, Inc. Services: Business Term Loan B Loan 3M USD SOFR+ 5.25 % 0.00 % 7.98 % 2/3/2028 1,500,000 1,395,658 1,436,250 Chemours Company, (The) Chemicals, Plastics, & Rubber Term Loan Loan 1M USD LIBOR+ 1.75 % 0.00 % 4.28 % 4/3/2025 910,346 880,516 886,450 Churchill Downs Incorporated Hotel, Gaming & Leisure Term Loan B1 (3/21) Loan 1M USD LIBOR+ 2.00 % 0.00 % 4.53 % 3/17/2028 493,750 492,743 483,875 CIMPRESS PUBLIC LIMITED COMPANY Media: Advertising, Printing & Publishing USD Term Loan Loan 1M USD LIBOR+ 3.50 % 0.50 % 6.02 % 5/17/2028 1,990,000 1,895,264 1,895,475 CITADEL SECURITIES LP Banking, Finance, Insurance & Real Estate Term Loan B (01/21) Loan 1M USD SOFR+ 2.50 % 0.00 % 5.07 % 2/2/2028 4,937,500 4,933,271 4,823,345 Issuer Name Industry Asset Name Asset Reference Rate/Spread LIBOR Current Maturity Principal/ Cost Fair Value Clarios Global LP Automotive Term Loan B1 Loan 1M USD LIBOR+ 3.25 % 0.00 % 5.77 % 4/30/2026 1,267,812 1,260,246 1,232,313 Claros Mortgage Trust, Inc Banking, Finance, Insurance & Real Estate Term Loan B-1 (11/21) Loan 1M USD SOFR+ 4.50 % 0.50 % 6.89 % 8/9/2026 3,457,336 3,437,160 3,362,259 CLYDESDALE ACQUISITION HOLDINGS, INC. Containers, Packaging & Glass Term Loan B Loan 1M USD SOFR+ 4.18 % 0.50 % 6.73 % 4/13/2029 1,500,000 1,464,024 1,445,370 Cole Haan Consumer goods: Non-durable Term Loan B Loan 1M USD LIBOR+ 5.50 % 0.00 % 8.02 % 2/7/2025 900,000 895,403 801,000 Columbus McKinnon Corporation Capital Equipment Term Loan (4/21) Loan 3M USD LIBOR+ 2.75 % 0.50 % 5.06 % 5/14/2028 468,182 467,216 461,159 Conduent, Inc. Services: Business Term Loan B Loan 1M USD LIBOR+ 4.25 % 0.50 % 6.77 % 10/16/2028 995,000 986,079 961,001 Connect Finco SARL Telecommunications Term Loan (1/21) Loan 1M USD LIBOR+ 3.50 % 1.00 % 6.03 % 12/11/2026 2,932,500 2,820,172 2,840,859 Consolidated Communications, Inc. Telecommunications Term Loan B Loan 1M USD LIBOR+ 3.50 % 0.75 % 6.00 % 10/2/2027 2,714,005 2,502,915 2,417,174 CORAL-US CO-BORROWER LLC Telecommunications Term Loan B-5 Loan 1M USD LIBOR+ 2.25 % 0.00 % 4.64 % 1/31/2028 4,000,000 3,987,745 3,843,000 Corelogic, Inc. Services: Business Term Loan (4/21) Loan 1M USD LIBOR+ 3.50 % 0.50 % 6.02 % 6/2/2028 2,481,250 2,470,591 2,124,570 Cortes NP Acquisition Corp (Vertiv) Capital Equipment Term Loan 2/21 Loan 1M USD LIBOR+ 2.75 % 0.00 % 5.11 % 3/2/2027 1,970,000 1,970,000 1,895,298 COWEN INC. Banking, Finance, Insurance & Real Estate Term Loan Loan 6M USD LIBOR+ 3.25 % 0.00 % 4.63 % 3/24/2028 3,947,443 3,926,096 3,937,575 Creative Artists Agency, LLC Media: Diversified & Production Term Loan B2 (6/22) Loan 1M USD SOFR+ 4.25 % 1.00 % 6.58 % 11/27/2026 500,000 481,849 496,250 CROCS INC Consumer goods: Durable Term Loan Loan 6M USD SOFR+ 3.50 % 0.50 % 4.45 % 2/20/2029 2,992,500 2,876,557 2,876,541 Cross Financial Corp Banking, Finance, Insurance & Real Estate Term Loan B (3/21) Loan 1M USD LIBOR+ 4.00 % 0.75 % 6.56 % 9/15/2027 495,000 494,516 485,100 Crown Subsea Communications Holding, Inc. Construction & Building Term Loan (4/21) Loan 1M USD LIBOR+ 4.75 % 0.75 % 7.12 % 4/27/2027 2,404,110 2,384,446 2,339,992 CSC Holdings LLC (Neptune Finco Corp.) Media: Broadcasting & Subscription Term Loan B (03/17) Loan 1M USD LIBOR+ 2.25 % 0.00 % 4.64 % 7/15/2025 1,923,858 1,911,748 1,860,140 CSC Holdings LLC (Neptune Finco Corp.) Media: Broadcasting & Subscription Term Loan B Loan 1M USD LIBOR+ 2.25 % 0.00 % 4.64 % 1/15/2026 482,500 481,950 466,418 CSC Holdings LLC (Neptune Finco Corp.) Media: Broadcasting & Subscription Term Loan B-5 Loan 1M USD LIBOR+ 2.50 % 0.00 % 4.89 % 4/15/2027 487,500 487,500 469,321 CTS Midco, LLC High Tech Industries Term Loan B Loan 3M USD LIBOR+ 6.00 % 1.00 % 8.81 % 11/2/2027 1,970,000 1,924,044 1,871,500 Daseke Inc Transportation: Cargo Term Loan 2/21 Loan 1M USD LIBOR+ 4.00 % 0.75 % 6.37 % 3/5/2028 1,481,250 1,475,172 1,433,732 Dave & Buster’s Inc. Hotel, Gaming & Leisure Term Loan B (04/22) Loan 1M USD SOFR+ 5.00 % 0.50 % 7.56 % 6/29/2029 1,000,000 950,693 975,830 DCert Buyer, Inc. High Tech Industries Term Loan Loan 3M USD SOFR+ 4.00 % 0.00 % 6.90 % 10/16/2026 1,477,330 1,477,330 1,435,064 Dealer Tire, LLC Automotive Term Loan B-1 Loan N/A N/A N/A N/A 12/12/2025 - 3,271 - Delek US Holdings, Inc. Utilities: Oil & Gas Term Loan B Loan 1M USD LIBOR+ 2.25 % 0.00 % 4.77 % 3/31/2025 6,282,700 6,247,776 6,121,172 DexKo Global, Inc. (Dragon Merger) Automotive Term Loan (9/21) Loan 3M USD LIBOR+ 3.75 % 0.50 % 6.00 % 10/4/2028 997,500 993,803 952,613 Diamond Sports Group, LLC Media: Broadcasting & Subscription 1st Priority Term Loan Loan 1M USD SOFR+ 8.00 % 1.00 % 10.39 % 5/25/2026 344,068 334,615 323,317 Diamond Sports Group, LLC Media: Broadcasting & Subscription Second Lien Term Loan Loan 1M USD SOFR+ 3.25 % 0.00 % 5.64 % 8/24/2026 3,391,925 2,990,484 615,397 DIRECTV FINANCING, LLC Media: Broadcasting & Subscription Term Loan Loan 1M USD LIBOR+ 5.00 % 0.75 % 7.52 % 8/2/2027 3,730,000 3,698,538 3,561,218 DISCOVERY PURCHASER CORPORATION Chemicals, Plastics, & Rubber Term Loan Loan 1M USD SOFR+ 4.38 % 0.50 % 6.66 % 8/4/2029 1,500,000 1,380,000 1,404,375 Dispatch Acquisition Holdings, LLC Environmental Industries Term Loan B (3/21) Loan 3M USD LIBOR+ 4.25 % 0.75 % 6.50 % 3/25/2028 495,000 490,975 455,400 DOMTAR CORPORATION Forest Products & Paper Term Loan 9/21 Loan 1M USD LIBOR+ 5.50 % 0.75 % 7.88 % 11/30/2028 836,442 828,718 794,101 Issuer Name Industry Asset Name Asset Reference Rate/Spread LIBOR Current Maturity Principal/ Cost Fair Value DRI HOLDING INC. Media: Advertising, Printing & Publishing Term Loan (12/21) Loan 1M USD LIBOR+ 5.25 % 0.50 % 7.77 % 12/15/2028 3,992,500 3,840,856 3,528,372 DRW Holdings, LLC Banking, Finance, Insurance & Real Estate Term Loan (2/21) Loan 1M USD LIBOR+ 3.75 % 0.00 % 6.27 % 3/1/2028 6,435,000 6,393,630 6,187,639 DTZ U.S. Borrower, LLC Construction & Building Term Loan Loan 1M USD LIBOR+ 2.75 % 0.00 % 5.27 % 8/21/2025 3,856,286 3,847,221 3,750,239 EAB Global, Inc. Services: Business Term Loan (08/21) Loan 3M USD LIBOR+ 3.50 % 0.50 % 6.31 % 8/16/2028 995,000 990,615 955,449 Echo Global Logistics, Inc. Services: Business Term Loan Loan 1M USD LIBOR+ 3.50 % 0.50 % 6.02 % 11/23/2028 1,995,000 1,990,717 1,876,298 Edelman Financial Group Inc., The Banking, Finance, Insurance & Real Estate Term Loan B (3/21) Loan 1M USD LIBOR+ 3.50 % 0.75 % 6.02 % 4/7/2028 2,199,656 2,192,530 2,106,963 Electrical Components Inter., Inc. Capital Equipment Term Loan (6/18) Loan 1M USD LIBOR+ 4.25 % 0.00 % 6.77 % 6/26/2025 1,898,396 1,898,396 1,779,746 ELECTRON BIDCO INC. Healthcare & Pharmaceuticals Term Loan Loan 1M USD LIBOR+ 3.00 % 0.50 % 5.52 % 11/1/2028 498,750 496,532 485,503 ELO Touch Solutions, Inc. Media: Diversified & Production Term Loan (12/18) Loan 1M USD LIBOR+ 6.50 % 0.00 % 9.02 % 12/14/2025 2,175,269 2,112,860 2,113,643 Embecta Corp Healthcare & Pharmaceuticals Term Loan B Loan 3M USD SOFR+ 3.00 % 0.50 % 5.05 % 3/30/2029 618,016 614,508 603,079 Endo Luxembourg Finance Company I S.a.r.l. Healthcare & Pharmaceuticals Term Loan (3/21) Loan 1M USD LIBOR+ 5.00 % 0.75 % 9.50 % 3/27/2028 2,335,285 2,327,697 2,034,617 Endure Digital, Inc. High Tech Industries Term Loan B Loan 1M USD LIBOR+ 3.50 % 0.75 % 5.87 % 2/10/2028 2,475,000 2,465,018 2,315,684 Envision Healthcare Corporation Healthcare & Pharmaceuticals Term Loan B (06/18) Loan 2M USD LIBOR+ 3.75 % 0.00 % 6.56 % 10/10/2025 4,819,794 4,815,720 1,247,893 EOS U.S. FINCO LLC Transportation: Cargo Term Loan Loan 1M USD SOFR+ 6.00 % 0.50 % 8.28 % 8/3/2029 1,000,000 920,000 950,000 Equiniti Group PLC Services: Business Term Loan B Loan 3M USD LIBOR+ 4.50 % 0.50 % 6.75 % 12/11/2028 995,000 986,049 975,100 EyeCare Partners, LLC Healthcare & Pharmaceuticals Term Loan Loan 3M USD LIBOR+ 3.75 % 0.00 % 6.00 % 2/18/2027 1,958,020 1,957,907 1,817,454 Finco I LLC Banking, Finance, Insurance & Real Estate Term Loan B (9/20) Loan 1M USD LIBOR+ 2.50 % 0.00 % 5.02 % 6/27/2025 2,830,950 2,826,428 2,798,224 First Brands Group, LLC Automotive 1st Lien Term Loan (3/21) Loan 6M USD SOFR+ 5.00 % 1.00 % 8.37 % 3/30/2027 4,937,500 4,872,354 4,772,390 First Eagle Investment Management Banking, Finance, Insurance & Real Estate Refinancing Term Loan Loan 3M USD LIBOR+ 2.50 % 0.00 % 4.75 % 2/1/2027 5,173,392 5,159,258 4,942,452 First Student Bidco Inc. Transportation: Consumer Term Loan B Loan 3M USD LIBOR+ 3.00 % 0.50 % 5.23 % 7/21/2028 726,740 722,197 697,671 First Student Bidco Inc. Transportation: Consumer Term Loan C Loan 3M USD LIBOR+ 3.00 % 0.50 % 5.23 % 7/21/2028 269,608 267,922 258,824 Fitness International, LLC (LA Fitness) Services: Consumer Term Loan B (4/18) Loan 1M USD LIBOR+ 3.25 % 1.00 % 5.77 % 4/18/2025 1,330,058 1,326,257 1,245,826 FOCUS FINANCIAL PARTNERS, LLC Banking, Finance, Insurance & Real Estate Term Loan (1/20) Loan 1M USD LIBOR+ 2.00 % 0.00 % 4.52 % 7/3/2024 492,308 491,986 484,716 Franchise Group, Inc. Services: Consumer First Out Term Loan Loan 3M USD LIBOR+ 4.75 % 0.75 % 6.50 % 3/10/2026 799,104 793,201 774,467 Franklin Square Holdings, L.P. Banking, Finance, Insurance & Real Estate Term Loan Loan 1M USD LIBOR+ 2.25 % 0.00 % 4.81 % 8/1/2025 4,331,233 4,314,733 4,255,436 Froneri International (R&R Ice Cream) Beverage, Food & Tobacco Term Loan B-2 Loan 1M USD LIBOR+ 2.25 % 0.00 % 4.77 % 1/29/2027 1,960,000 1,956,965 1,885,677 Garrett LX III S.a r.l. Automotive Dollar Term Loan Loan 3M USD LIBOR+ 3.25 % 0.50 % 6.06 % 4/30/2028 1,488,750 1,482,578 1,455,253 Gemini HDPE LLC Chemicals, Plastics, & Rubber Term Loan B (12/20) Loan 3M USD LIBOR+ 3.00 % 0.50 % 5.81 % 12/31/2027 2,341,715 2,326,803 2,296,052 General Nutrition Centers, Inc. Retail Second Lien Term Loan Loan 1M USD LIBOR+ 6.00 % 0.00 % 8.39 % 10/7/2026 365,225 365,225 332,355 Genesee & Wyoming, Inc. Transportation: Cargo Term Loan (11/19) Loan 3M USD LIBOR+ 2.00 % 0.00 % 4.25 % 12/30/2026 1,466,250 1,461,603 1,432,922 GGP Inc. Banking, Finance, Insurance & Real Estate Term Loan B Loan 1M USD LIBOR+ 2.50 % 0.00 % 2.96 % 8/27/2025 3,093,297 2,685,635 3,041,732 Global Tel*Link Corporation Telecommunications Term Loan B Loan 3M USD LIBOR+ 4.25 % 0.00 % 7.06 % 11/29/2025 4,923,145 4,755,928 4,523,140 Issuer Name Industry Asset Name Asset Reference Rate/Spread LIBOR Current Maturity Principal/ Cost Fair Value Go Daddy Operating Company, LLC High Tech Industries Term Loan 2/21 Loan 1M USD LIBOR+ 2.00 % 0.00 % 4.37 % 8/10/2027 1,969,849 1,969,849 1,932,501 GOLDEN WEST PACKAGING GROUP LLC Forest Products & Paper Term Loan (11/21) Loan 1M USD LIBOR+ 5.25 % 0.75 % 7.62 % 12/1/2027 1,987,500 1,969,794 1,927,875 Graham Packaging Co Inc Containers, Packaging & Glass Term Loan (2/21) Loan 1M USD LIBOR+ 3.00 % 0.75 % 5.52 % 8/7/2027 967,415 962,087 943,230 Great Outdoors Group, LLC Retail Term Loan B2 Loan 1M USD LIBOR+ 3.75 % 0.75 % 6.27 % 3/6/2028 985,056 980,871 951,564 Greenhill & Co., Inc. Banking, Finance, Insurance & Real Estate Term Loan B Loan 3M USD LIBOR+ 3.25 % 0.00 % 6.32 % 4/12/2024 2,844,231 2,832,362 2,773,125 Griffon Corporation Consumer goods: Durable Term Loan B Loan 1M USD SOFR+ 2.50 % 0.50 % 4.98 % 1/24/2029 155,625 155,277 151,085 Grosvenor Capital Management Holdings, LLLP Banking, Finance, Insurance & Real Estate Amendment 5 Term Loan Loan 1M USD LIBOR+ 2.50 % 0.50 % 5.02 % 2/24/2028 3,851,241 3,848,423 3,780,224 Harbor Freight Tools USA, Inc. Retail Term Loan B (06/21) Loan 1M USD LIBOR+ 2.75 % 0.50 % 5.27 % 10/19/2027 3,456,030 3,436,409 3,294,392 Harland Clarke Holdings Corp. Media: Advertising, Printing & Publishing Term Loan (08/21) Loan 3M USD LIBOR+ 7.75 % 1.00 % 10.00 % 6/16/2026 1,221,522 1,219,887 917,840 Helix Gen Funding, LLc Energy: Electricity Term Loan B (02/17) Loan 1M USD LIBOR+ 3.75 % 1.00 % 6.27 % 6/3/2024 212,687 212,626 199,187 Hillman Group Inc. (The) (New) (a) Consumer goods: Durable Delayed Draw Term Loan (2/21) Loan 1M USD LIBOR+ 2.75 % 0.50 % 5.19 % 7/14/2028 67,004 67,004 41,703 Hillman Group Inc. (The) (New) Consumer goods: Durable Term Loan B-1 (2/21) Loan 1M USD LIBOR+ 2.75 % 0.50 % 5.19 % 7/14/2028 3,496,783 3,489,827 3,391,879 HLF Financing SARL (Herbalife) Consumer goods: Non-durable Term Loan B (08/18) Loan 1M USD LIBOR+ 2.50 % 0.00 % 5.02 % 8/18/2025 3,530,000 3,522,471 3,426,324 Holley Purchaser, Inc Automotive Term Loan (11/21) Loan 3M USD LIBOR+ 3.75 % 0.75 % 6.71 % 11/17/2028 2,329,821 2,320,465 2,185,372 Howden Group Holdings Banking, Finance, Insurance & Real Estate Term Loan (1/21) Loan 1M USD LIBOR+ 3.25 % 0.75 % 5.81 % 11/12/2027 2,163,171 2,154,084 2,104,852 Hudson River Trading LLC Banking, Finance, Insurance & Real Estate Term Loan (3/21) Loan 3M USD SOFR+ 3.00 % 0.00 % 6.16 % 3/17/2028 5,925,000 5,876,263 5,451,000 Idera, Inc. High Tech Industries Term Loan (02/21) Loan 1M USD LIBOR+ 3.75 % 0.75 % 6.13 % 3/2/2028 4,835,595 4,825,855 4,660,305 IMA Financial Group, Inc. Banking, Finance, Insurance & Real Estate Term Loan (10/21) Loan 1M USD LIBOR+ 3.75 % 0.50 % 6.27 % 11/1/2028 1,990,000 1,981,214 1,924,091 INDY US BIDCO, LLC Services: Business Term Loan (11/21) Loan 1M USD LIBOR+ 3.75 % 0.00 % 6.27 % 3/6/2028 2,226,922 2,226,557 2,124,862 INEOS US PETROCHEM LLC Chemicals, Plastics, & Rubber Term Loan (1/21) Loan 1M USD LIBOR+ 2.75 % 0.50 % 5.27 % 1/29/2026 1,990,000 1,931,622 1,938,598 Informatica Inc. High Tech Industries Term Loan B (10/21) Loan 1M USD LIBOR+ 2.75 % 0.00 % 5.31 % 10/27/2028 498,750 498,239 485,658 Ingram Micro Inc. High Tech Industries Term Loan Loan 3M USD LIBOR+ 3.50 % 0.50 % 5.75 % 6/30/2028 1,485,000 1,472,113 1,425,600 Inmar Acquisition Sub, Inc. Services: Business Term Loan B Loan 1M USD LIBOR+ 4.00 % 1.00 % 6.52 % 5/1/2024 3,368,401 3,335,107 3,251,349 Innophos, Inc. Chemicals, Plastics, & Rubber Term Loan B Loan 1M USD LIBOR+ 3.25 % 0.00 % 5.77 % 2/4/2027 488,750 487,133 478,364 INSTANT BRANDS HOLDINGS INC. Consumer goods: Durable Term Loan 4/21 Loan 6M USD LIBOR+ 5.00 % 0.75 % 7.08 % 4/7/2028 4,197,850 4,178,402 3,211,355 INSTRUCTURE HOLDINGS, INC. High Tech Industries Term Loan B Loan 6M USD LIBOR+ 2.75 % 0.50 % 6.12 % 10/30/2028 498,750 497,660 488,775 Isagenix International, LLC Beverage, Food & Tobacco Term Loan Loan 3M USD LIBOR+ 5.75 % 1.00 % 7.93 % 6/14/2025 2,330,036 2,308,136 1,048,516 Ivory Merger Sub, Inc. Healthcare & Pharmaceuticals Term Loan Loan 1M USD LIBOR+ 3.50 % 0.00 % 5.88 % 3/14/2025 2,941,816 2,926,353 2,741,419 J Jill Group, Inc Retail Priming Term Loan Loan 3M USD LIBOR+ 5.00 % 1.00 % 7.81 % 5/8/2024 1,564,303 1,563,639 1,433,292 Jane Street Group Banking, Finance, Insurance & Real Estate Term Loan (1/21) Loan 1M USD LIBOR+ 2.75 % 0.00 % 5.27 % 1/31/2028 3,940,000 3,935,292 3,853,005 Journey Personal Care Corp. Consumer goods: Non-durable Term Loan B Loan 3M USD LIBOR+ 4.25 % 0.75 % 6.50 % 3/1/2028 990,000 985,806 675,675 Issuer Name Industry Asset Name Asset Reference Rate/Spread LIBOR Current Maturity Principal/ Cost Fair Value JP Intermediate B, LLC Consumer goods: Non-durable Term Loan Loan 3M USD LIBOR+ 5.50 % 1.00 % 8.31 % 11/15/2025 4,019,089 3,995,346 3,223,872 Klockner-Pentaplast of America, Inc. Containers, Packaging & Glass Term Loan (1/21) (USD) Loan 6M USD LIBOR+ 4.75 % 0.50 % 5.55 % 2/12/2026 1,481,250 1,476,161 1,356,573 Kodiak BP, LLC Construction & Building Term Loan Loan 3M USD LIBOR+ 3.25 % 0.75 % 5.50 % 3/13/2028 493,750 492,380 469,063 KREF Holdings X LLC Banking, Finance, Insurance & Real Estate Term Loan (11/21) Loan 1M USD LIBOR+ 3.50 % 0.50 % 5.94 % 9/1/2027 493,769 484,453 481,425 Lakeland Tours, LLC (d) Hotel, Gaming & Leisure Third Out PIK Term Loan Loan 3M USD LIBOR+ 1.50 % 1.25 % 4.31 % 9/25/2025 839,106 588,664 693,663 Lakeland Tours, LLC (d) Hotel, Gaming & Leisure Holdco Fixed Term Loan Loan Fixed 0.00 % 0.00 % 13.25 % 9/27/2027 928,253 303,783 595,632 Lealand Finance Company B.V. (d) Energy: Oil & Gas Exit Term Loan Loan 1M USD LIBOR+ 1.00 % 0.00 % 3.52 % 6/30/2025 339,918 339,918 170,809 Learfield Communications, Inc Media: Advertising, Printing & Publishing Initial Term Loan (A-L Parent) Loan 1M USD LIBOR+ 3.25 % 1.00 % 5.78 % 12/1/2023 472,500 472,056 412,001 Lifetime Brands, Inc Consumer goods: Non-durable Term Loan B Loan 1M USD LIBOR+ 3.50 % 1.00 % 6.02 % 2/28/2025 2,616,496 2,598,667 2,524,918 LIGHTSTONE HOLDCO LLC Energy: Electricity Term Loan 5/22 Loan 1M USD SOFR+ 5.75 % 1.00 % 8.05 % 2/1/2027 1,238,581 1,237,866 1,110,301 LIGHTSTONE HOLDCO LLC Energy: Electricity Term Loan C 5/22 Loan 1M USD SOFR+ 5.75 % 1.00 % 8.05 % 2/1/2027 70,053 70,014 62,798 Liquid Tech Solutions Holdings, LLC Services: Business Term Loan Loan 3M USD LIBOR+ 4.75 % 0.00 % 7.00 % 3/17/2028 990,000 986,841 955,350 LogMeIn, Inc. High Tech Industries Term Loan (8/20) Loan 1M USD LIBOR+ 4.75 % 0.00 % 7.12 % 8/31/2027 3,940,000 3,882,660 3,057,440 LOYALTY VENTURES INC. Services: Business Term Loan B Loan 1M USD LIBOR+ 4.50 % 0.50 % 7.02 % 11/3/2027 3,214,885 3,197,686 2,322,755 LPL Holdings, Inc. Banking, Finance, Insurance & Real Estate Term Loan B1 Loan 1M USD LIBOR+ 1.75 % 0.00 % 4.12 % 11/11/2026 1,214,082 1,212,236 1,186,255 LSF11 A5 HOLDCO LLC Chemicals, Plastics, & Rubber Term Loan Loan 1M USD SOFR+ 3.50 % 0.50 % 6.07 % 10/16/2028 249,375 248,305 243,530 LSF9 Atlantis Holdings, LLC (A Wireless) Retail Term Loan B Loan 3M USD SOFR+ 7.25 % 0.75 % 9.30 % 3/29/2029 3,000,000 2,903,617 2,917,500 MA FinanceCo LLC High Tech Industries Term Loan B4 Loan 3M USD LIBOR+ 4.25 % 1.00 % 5.92 % 6/5/2025 2,876,682 2,825,841 2,835,344 MAGNITE, INC. Services: Business Term Loan Loan 3M USD LIBOR+ 5.00 % 0.75 % 8.07 % 4/28/2028 1,980,000 1,939,001 1,900,800 Marriott Ownership Resorts, Inc. Hotel, Gaming & Leisure Term Loan (11/19) Loan 1M USD LIBOR+ 1.75 % 0.00 % 4.27 % 8/29/2025 1,317,074 1,317,074 1,281,513 Match Group, Inc, The Services: Consumer Term Loan (1/20) Loan 3M USD LIBOR+ 1.75 % 0.00 % 4.69 % 2/15/2027 250,000 249,611 242,500 Mayfield Agency Borrower Inc. (FeeCo) Banking, Finance, Insurance & Real Estate Term Loan Loan 1M USD LIBOR+ 4.50 % 0.00 % 7.02 % 2/28/2025 3,374,500 3,355,043 3,251,128 McGraw-Hill Education, Inc. Media: Advertising, Printing & Publishing Term Loan (07/21) Loan 6M USD LIBOR+ 4.75 % 0.50 % 8.32 % 7/28/2028 1,985,000 1,967,344 1,915,525 MedAssets Software Inter Hldg, Inc. High Tech Industries Term Loan (11/21) (USD) Loan 1M USD LIBOR+ 4.00 % 0.50 % 6.49 % 12/18/2028 498,750 495,632 479,423 Mermaid Bidco Inc. High Tech Industries Term Loan B
Schedule of investments cash and cash equivalents one	Issuer Name Industry Asset Name Asset Reference Rate/Spread LIBOR Current Maturity Principal/ Cost Fair Value Fusion Connect Warrant Telecommunications Warrants Equity - - - - - 32,832 - - J Jill Common Stock Retail Common stock Equity - - - - - 2,107 - 33,691 19TH HOLDINGS GOLF, LLC Consumer goods: Durable Term Loan Loan 3M USD SOFR+ 3.25 % 0.50 % 3.75 % 2/7/2029 500,000 497,530 493,750 ADMI Corp. Healthcare & Pharmaceuticals Term Loan B Loan 1M USD LIBOR+ 2.75 % 0.00 % 2.96 % 4/30/2025 1,930,276 1,925,558 1,892,886 Adtalem Global Education Inc. Services: Business Term Loan B (02/21) Loan 1M USD LIBOR+ 4.50 % 0.75 % 5.25 % 8/11/2028 2,000,000 1,981,559 1,977,920 Aegis Sciences Corporation Healthcare & Pharmaceuticals Term Loan Loan 3M USD LIBOR+ 5.50 % 1.00 % 6.50 % 5/9/2025 2,737,038 2,723,587 2,686,403 Agiliti Health Inc. Healthcare & Pharmaceuticals Term Loan (1/19) Loan 1M USD LIBOR+ 2.75 % 0.00 % 2.88 % 1/4/2026 1,483,686 1,476,852 1,470,704 Agiliti Health Inc. Healthcare & Pharmaceuticals Term Loan (09/20) Loan 1M USD LIBOR+ 2.75 % 0.75 % 3.50 % 1/4/2026 285,714 283,586 283,571 AHEAD DB Holdings, LLC Services: Business Term Loan (04/21) Loan 3M USD LIBOR+ 3.75 % 0.75 % 4.50 % 10/18/2027 2,985,000 2,885,411 2,962,135 AI Convoy (Luxembourg) S.a.r.l. Aerospace & Defense Term Loan B (USD) Loan 6M USD LIBOR+ 3.50 % 1.00 % 4.50 % 1/18/2027 1,469,671 1,464,591 1,460,485 AIS HoldCo, LLC Services: Business Term Loan Loan 3M USD LIBOR+ 5.00 % 0.00 % 5.30 % 8/15/2025 4,789,642 4,670,148 4,705,823 Alchemy Copyrights, LLC Media: Diversified & Production Term Loan B Loan 1M USD LIBOR+ 3.00 % 0.50 % 3.50 % 3/10/2028 493,763 490,886 489,442 Alchemy US Holdco 1, LLC Metals & Mining Term Loan Loan 1M USD LIBOR+ 5.50 % 0.00 % 5.60 % 10/10/2025 1,654,803 1,640,863 1,644,874 AlixPartners, LLP Banking, Finance, Insurance & Real Estate Term Loan B (01/21) Loan 1M USD LIBOR+ 2.75 % 0.50 % 3.25 % 2/4/2028 248,125 247,608 245,217 Alkermes, Inc. Healthcare & Pharmaceuticals Term Loan B (3/21) Loan 3M USD LIBOR+ 2.50 % 0.50 % 3.00 % 3/12/2026 2,147,859 2,130,749 2,110,271 Allen Media, LLC Media: Diversified & Production Term Loan (7/21) Loan 3M USD LIBOR+ 5.50 % 0.00 % 5.72 % 2/10/2027 4,439,454 4,407,744 4,412,639 Alliant Holdings I, Inc. Banking, Finance, Insurance & Real Estate Term Loan B4 Loan 1M USD LIBOR+ 3.50 % 0.50 % 4.00 % 11/5/2027 997,500 996,393 987,944 Allied Universal Holdco LLC Services: Business Term Loan 4/21 Loan 3M USD LIBOR+ 3.75 % 0.50 % 4.25 % 5/12/2028 1,995,000 1,985,516 1,966,412 Altisource Solutions S.a r.l. Banking, Finance, Insurance & Real Estate Term Loan B (03/18) Loan 3M USD LIBOR+ 4.00 % 1.00 % 5.00 % 4/3/2024 1,223,297 1,220,031 1,102,497 Altium Packaging LLC Containers, Packaging & Glass Term Loan (01/21) Loan 1M USD LIBOR+ 2.75 % 0.50 % 3.25 % 1/29/2028 496,250 494,097 485,084 American Greetings Corporation Media: Advertising, Printing & Publishing Term Loan Loan 1M USD LIBOR+ 4.50 % 1.00 % 5.50 % 4/6/2024 3,012,861 3,011,323 3,011,355 American Trailer World Corp Automotive Term Loan Loan 1M USD LIBOR+ 3.75 % 0.75 % 4.50 % 3/3/2028 1,990,000 1,984,442 1,954,558 AmeriLife Holdings LLC Banking, Finance, Insurance & Real Estate Term Loan Loan 1M USD LIBOR+ 4.00 % 0.00 % 4.11 % 3/18/2027 1,976,415 1,967,087 1,956,651 AmWINS Group, LLC Banking, Finance, Insurance & Real Estate Term Loan 2/21 Loan 1M USD LIBOR+ 2.25 % 0.75 % 3.00 % 2/17/2028 1,980,006 1,957,163 1,946,900 Anastasia Parent LLC Consumer goods: Non-durable Term Loan Loan 3M USD LIBOR+ 3.75 % 0.00 % 3.97 % 8/11/2025 967,500 964,919 832,253 Anchor Glass Container Corporation Containers, Packaging & Glass Term Loan (07/17) Loan 3M USD LIBOR+ 2.75 % 1.00 % 3.75 % 12/7/2023 475,113 474,420 406,882 Anchor Packaging, LLC Containers, Packaging & Glass Term Loan B Loan 1M USD LIBOR+ 4.00 % 0.00 % 4.21 % 7/18/2026 987,342 979,469 972,532 ANI Pharmaceuticals, Inc. Healthcare & Pharmaceuticals Term Loan B Loan 1M USD LIBOR+ 6.00 % 0.75 % 6.75 % 11/19/2027 3,000,000 2,943,100 3,000,000 AP Core Holdings II LLC High Tech Industries Term Loan B1 Loan 1M USD LIBOR+ 5.50 % 0.75 % 6.25 % 9/1/2027 1,975,000 1,947,406 1,965,125 AP Core Holdings II LLC High Tech Industries Term Loan B2 Loan 1M USD LIBOR+ 5.50 % 0.75 % 6.25 % 9/1/2027 500,000 493,024 498,125 APi Group DE, Inc. (J2 Acquisition) Services: Business Term Loan B Loan 1M USD LIBOR+ 2.50 % 0.00 % 2.71 % 10/1/2026 1,950,000 1,942,029 1,927,575 APLP Holdings Limited Partnership Energy: Electricity Term Loan B (3/21) Loan 1M USD LIBOR+ 3.75 % 1.00 % 4.75 % 5/14/2027 828,378 821,051 826,655 Issuer Name Industry Asset Name Asset Reference Rate/Spread LIBOR Current Maturity Principal/ Cost Fair Value Apollo Commercial Real Estate Finance, Inc. Banking, Finance, Insurance & Real Estate Term Loan B Loan 1M USD LIBOR+ 2.75 % 0.00 % 2.86 % 5/15/2026 2,969,543 2,937,176 2,887,881 Apollo Commercial Real Estate Finance, Inc. Banking, Finance, Insurance & Real Estate Term Loan B1 (2/21) Loan 1M USD LIBOR+ 3.50 % 0.50 % 4.00 % 3/6/2028 992,500 983,643 982,575 AppLovin Corporation High Tech Industries Term Loan B Loan 1M USD LIBOR+ 3.25 % 0.00 % 3.46 % 8/15/2025 989,796 989,796 982,066 AppLovin Corporation High Tech Industries Term Loan (10/21) Loan 1M USD LIBOR+ 3.00 % 0.50 % 3.50 % 10/21/2028 1,496,250 1,492,669 1,481,288 Aramark Corporation Services: Consumer Term Loan Loan 1M USD LIBOR+ 1.75 % 0.00 % 1.96 % 1/15/2027 2,331,250 2,268,549 2,279,776 Aramark Corporation Services: Consumer Term Loan B (4/21) Loan 1M USD LIBOR+ 2.50 % 0.00 % 2.71 % 4/1/2028 1,753,715 1,746,008 1,743,491 ARC FALCON I INC. Chemicals, Plastics, & Rubber Term Loan Loan 1M USD LIBOR+ 3.75 % 0.50 % 4.25 % 9/23/2028 872,611 868,610 855,526 ARC FALCON I INC. (a) Chemicals, Plastics, & Rubber Delayed Draw Term Loan Loan N/A N/A N/A N/A 9/22/2028 - (601 ) (2,494 ) Arches Buyer Inc. Services: Consumer Term Loan B Loan 1M USD LIBOR+ 3.25 % 0.50 % 3.75 % 12/6/2027 1,500,000 1,490,625 1,473,570 Arctic Glacier U.S.A., Inc. Beverage, Food & Tobacco Term Loan (3/18) Loan 3M USD LIBOR+ 3.50 % 1.00 % 4.50 % 3/20/2024 3,350,967 3,341,474 3,103,833 Aretec Group, Inc. Banking, Finance, Insurance & Real Estate Term Loan (10/18) Loan 1M USD LIBOR+ 4.25 % 0.00 % 4.46 % 10/1/2025 2,436,164 2,430,830 2,425,518 ASP BLADE HOLDINGS, INC. Capital Equipment Term Loan Loan 1M USD LIBOR+ 4.00 % 0.50 % 4.50 % 10/7/2028 100,000 99,530 99,542 Asplundh Tree Expert, LLC Services: Business Term Loan 2/21 Loan 1M USD LIBOR+ 1.75 % 0.00 % 1.96 % 9/7/2027 987,500 983,579 973,458 AssuredPartners Capital, Inc. Banking, Finance, Insurance & Real Estate Term Loan B (2/20) Loan 1M USD LIBOR+ 3.50 % 0.00 % 3.71 % 2/12/2027 1,000,000 996,250 984,580 Assuredpartners Inc. Banking, Finance, Insurance & Real Estate Incremental Term Loan (7/21) Loan 1M USD LIBOR+ 3.50 % 0.50 % 4.00 % 2/12/2027 995,006 995,006 978,837 Assuredpartners Inc. Banking, Finance, Insurance & Real Estate Term Loan Loan 1M USD SOFR+ 3.50 % 0.50 % 4.00 % 2/12/2027 500,000 498,811 491,875 ASTRO ONE ACQUISITION CORPORATION Consumer goods: Durable Term Loan Loan 1M USD LIBOR+ 5.50 % 0.75 % 6.25 % 9/15/2028 3,000,000 2,971,643 2,968,140 Asurion, LLC Banking, Finance, Insurance & Real Estate Term Loan B6 Loan 1M USD LIBOR+ 3.13 % 0.00 % 3.33 % 11/3/2023 266,824 266,095 264,767 Asurion, LLC Banking, Finance, Insurance & Real Estate Term Loan B8 Loan 1M USD LIBOR+ 3.25 % 0.00 % 3.46 % 12/18/2026 2,995,112 2,984,120 2,939,882 ATHENAHEALTH GROUP INC. Healthcare & Pharmaceuticals Term Loan B (2/22) Loan 1M USD SOFR+ 3.50 % 0.50 % 4.00 % 2/15/2029 1,282,609 1,276,322 1,269,462 ATHENAHEALTH GROUP INC. (a) Healthcare & Pharmaceuticals Delayed Draw Term Loan (02/22) Loan N/A N/A N/A N/A 2/15/2029 - - (2,228 ) Avast Software S.R.O. (Sybil Finance) High Tech Industries Term Loan (Sybil Software) Loan 3M USD LIBOR+ 2.00 % 0.00 % 2.22 % 3/22/2028 1,925,000 1,920,766 1,916,819 Avaya, Inc. Telecommunications Term Loan B1 Loan 1M USD LIBOR+ 4.25 % 0.00 % 4.44 % 12/15/2027 1,755,766 1,747,367 1,739,859 Avaya, Inc. Telecommunications Term Loan B-2 (2/21) Loan 1M USD LIBOR+ 4.00 % 0.00 % 4.19 % 12/15/2027 1,000,000 1,000,000 988,590 Avison Young (Canada) Inc Services: Business Term Loan Loan 3M USD LIBOR+ 5.75 % 0.00 % 5.97 % 1/31/2026 3,405,995 3,370,219 3,371,935 Avolon TLB Borrower 1 (US) LLC Capital Equipment Term Loan B3 Loan 1M USD LIBOR+ 1.75 % 0.75 % 2.50 % 1/15/2025 1,000,000 900,020 990,630 Avolon TLB Borrower 1 (US) LLC Capital Equipment Term Loan B5 (7/21) Loan 1M USD LIBOR+ 2.25 % 0.50 % 2.75 % 12/1/2027 495,000 490,860 491,466 AZURITY PHARMACEUTICALS, INC. Healthcare & Pharmaceuticals Term Loan B Loan 3M USD LIBOR+ 6.00 % 0.75 % 6.75 % 9/20/2027 500,000 485,751 495,000 B&G Foods, Inc. Beverage, Food & Tobacco Term Loan Loan 1M USD LIBOR+ 2.50 % 0.00 % 2.71 % 10/10/2026 706,458 701,732 701,605 B.C. Unlimited Liability Co (Burger King) Beverage, Food & Tobacco Term Loan B4 Loan 1M USD LIBOR+ 1.75 % 0.00 % 1.96 % 11/19/2026 1,470,000 1,438,969 1,440,968 BAKELITE UK INTERMEDIATE LTD. Chemicals, Plastics, & Rubber Term Loan Loan 3M USD SOFR+ 4.25 % 0.00 % 4.75 % 2/1/2029 1,000,000 995,000 992,500 Baldwin Risk Partners, LLC Banking, Finance, Insurance & Real Estate Term Loan Loan 1M USD LIBOR+ 3.50 % 0.50 % 4.00 % 10/14/2027 1,238,775 1,225,981 1,222,522 Belfor Holdings Inc. Services: Consumer Term Loan Loan 1M USD LIBOR+ 3.75 % 0.00 % 3.96 % 4/6/2026 248,092 247,897 246,851 Belron Finance US LLC Automotive Term Loan B (3/21) Loan 3M USD LIBOR+ 2.75 % 0.50 % 3.25 % 4/13/2028 1,985,000 1,967,341 1,968,247 Issuer Name Industry Asset Name Asset Reference Rate/Spread LIBOR Current Maturity Principal/ Cost Fair Value Bengal Debt Merger Sub LLC Beverage, Food & Tobacco Term Loan Loan 3M USD SOFR+ 3.25 % 0.50 % 3.75 % 1/24/2029 1,890,909 1,889,030 1,873,191 Bengal Debt Merger Sub LLC Beverage, Food & Tobacco Delayed Draw Term Loan Loan 3M USD SOFR+ 3.25 % 0.50 % 3.75 % 1/24/2029 109,091 109,048 108,069 Blackstone Mortgage Trust, Inc. Banking, Finance, Insurance & Real Estate Term Loan B Loan 1M USD LIBOR+ 2.25 % 0.00 % 2.46 % 4/23/2026 989,873 983,805 967,601 Blackstone Mortgage Trust, Inc. Banking, Finance, Insurance & Real Estate Term Loan (6/21) Loan 1M USD LIBOR+ 2.75 % 0.50 % 3.25 % 4/23/2026 1,480,053 1,470,897 1,464,335 Blucora, Inc. Services: Consumer Term Loan (11/17) Loan 3M USD LIBOR+ 4.00 % 1.00 % 5.00 % 5/22/2024 2,443,339 2,437,898 2,437,230 Blue Tree Holdings, Inc. Chemicals, Plastics, & Rubber Term Loan (2/21) Loan 3M USD LIBOR+ 2.50 % 0.00 % 2.72 % 3/4/2028 992,500 990,307 983,200 Bombardier Recreational Products, Inc. Consumer goods: Durable Term Loan (1/20) Loan 1M USD LIBOR+ 2.00 % 0.00 % 2.21 % 5/24/2027 1,470,049 1,461,460 1,442,486 Boxer Parent Company, Inc. High Tech Industries Term Loan (2/21) Loan 3M USD LIBOR+ 3.75 % 0.00 % 3.97 % 10/2/2025 522,846 522,846 516,310 Bracket Intermediate Holding Corp Healthcare & Pharmaceuticals Term Loan Loan 3M USD LIBOR+ 4.25 % 0.00 % 4.47 % 9/5/2025 967,500 964,897 959,034 BrightSpring Health Services (Phoenix Guarantor) Healthcare & Pharmaceuticals Term Loan B-3 Loan 1M USD LIBOR+ 3.50 % 0.00 % 3.66 % 3/5/2026 992,500 992,500 980,342 BroadStreet Partners, Inc. Banking, Finance, Insurance & Real Estate Term Loan B3 Loan 1M USD LIBOR+ 3.00 % 0.00 % 3.21 % 1/22/2027 2,979,108 2,973,591 2,930,697 Brookfield WEC Holdings Inc. Energy: Electricity Term Loan (1/21) Loan 1M USD LIBOR+ 2.75 % 0.50 % 3.25 % 8/1/2025 1,477,538 1,479,743 1,453,528 Buckeye Partners, L.P. Utilities: Oil & Gas Term Loan (1/21) Loan 1M USD LIBOR+ 2.25 % 0.00 % 2.36 % 11/1/2026 1,970,088 1,958,262 1,946,565 BW Gas & Convenience Holdings LLC Beverage, Food & Tobacco Term Loan B Loan 1M USD LIBOR+ 3.50 % 0.50 % 4.00 % 3/31/2028 2,487,500 2,465,358 2,475,063 Callaway Golf Company Retail Term Loan B Loan 1M USD LIBOR+ 4.50 % 0.00 % 4.71 % 1/4/2026 682,500 673,958 681,005 CareerBuilder, LLC Services: Business Term Loan Loan 3M USD LIBOR+ 6.75 % 1.00 % 7.75 % 7/31/2023 5,393,388 5,246,921 4,159,650 CareStream Health, Inc. Healthcare & Pharmaceuticals Term Loan Loan 6M USD LIBOR+ 6.75 % 1.00 % 7.75 % 5/8/2023 2,184,163 2,181,757 2,184,163 Casa Systems, Inc Telecommunications Term Loan Loan 1M USD LIBOR+ 4.00 % 1.00 % 5.00 % 12/20/2023 1,391,125 1,387,217 1,349,391 Castle US Holding Corporation Media: Advertising, Printing & Publishing Term Loan B (USD) Loan 3M USD LIBOR+ 3.75 % 0.00 % 3.97 % 1/27/2027 1,980,130 1,968,915 1,934,864 CBI BUYER, INC. Consumer goods: Durable Term Loan Loan 3M USD LIBOR+ 3.25 % 0.50 % 3.75 % 1/6/2028 995,000 992,948 963,906 CCC Intelligent Solutions Inc. Services: Business Term Loan B Loan 3M USD LIBOR+ 2.50 % 0.50 % 3.00 % 9/16/2028 250,000 249,432 246,875 CCI Buyer, Inc Telecommunications Term Loan Loan 3M USD LIBOR+ 3.75 % 0.75 % 4.50 % 12/17/2027 248,125 246,017 245,257 CCRR Parent, Inc. Healthcare & Pharmaceuticals Term Loan B Loan 3M USD LIBOR+ 3.75 % 0.75 % 4.50 % 3/5/2028 992,500 988,070 986,297 CCS-CMGC Holdings, Inc. Healthcare & Pharmaceuticals Term Loan Loan 1M USD LIBOR+ 5.50 % 0.00 % 5.71 % 9/25/2025 2,425,000 2,412,003 2,371,456 Cengage Learning, Inc. Media: Advertising, Printing & Publishing Term Loan B (6/21) Loan 6M USD LIBOR+ 4.75 % 1.00 % 5.75 % 7/14/2026 2,992,500 2,966,179 2,985,019 CENTURI GROUP, INC. Construction & Building Term Loan B Loan 1M USD LIBOR+ 2.50 % 0.50 % 3.00 % 8/27/2028 931,998 923,210 923,647 CenturyLink, Inc. Telecommunications Term Loan B (1/20) Loan 1M USD LIBOR+ 2.25 % 0.00 % 2.46 % 3/15/2027 3,929,899 3,924,411 3,823,045 Chemours Company, (The) Chemicals, Plastics, & Rubber Term Loan Loan 1M USD LIBOR+ 1.75 % 0.00 % 1.96 % 4/3/2025 915,661 880,331 896,780 Churchill Downs Incorporated Hotel, Gaming & Leisure Term Loan B1 (3/21) Loan 1M USD LIBOR+ 2.00 % 0.00 % 2.21 % 3/17/2028 496,250 495,147 489,427 CIMPRESS PUBLIC LIMITED COMPANY Media: Advertising, Printing & Publishing USD Term Loan Loan 1M USD LIBOR+ 3.50 % 0.50 % 4.00 % 5/17/2028 995,000 986,097 987,538 CITADEL SECURITIES LP Banking, Finance, Insurance & Real Estate Term Loan B (01/21) Loan 1M USD SOFR+ 2.50 % 0.00 % 2.69 % 2/2/2028 4,962,500 4,957,863 4,911,089 Clarios Global LP Automotive Term Loan B1 Loan 1M USD LIBOR+ 3.25 % 0.00 % 3.46 % 4/30/2026 1,267,812 1,259,559 1,253,549 Issuer Name Industry Asset Name Asset Reference Rate/Spread LIBOR Current Maturity Principal/ Cost Fair Value Claros Mortgage Trust, Inc Banking, Finance, Insurance & Real Estate Term Loan B-1 (11/21) Loan 1M USD SOFR+ 4.50 % 0.50 % 5.00 % 8/9/2026 3,474,709 3,452,852 3,457,336 Cole Haan Consumer goods: Non-durable Term Loan B Loan 3M USD LIBOR+ 5.50 % 0.00 % 6.01 % 2/7/2025 925,000 919,273 811,688 Columbus McKinnon Corporation Capital Equipment Term Loan (4/21) Loan 3M USD LIBOR+ 2.75 % 0.50 % 3.25 % 5/14/2028 487,192 486,099 482,929 Compass Power Generation, LLC Utilities: Electric Term Loan B (08/18) Loan 1M USD LIBOR+ 3.50 % 1.00 % 4.50 % 12/20/2024 1,707,152 1,704,898 1,686,120 Conduent, Inc. Services: Business Term Loan B Loan 1M USD LIBOR+ 4.25 % 0.50 % 4.75 % 10/16/2028 1,000,000 990,409 990,310 Connect Finco SARL Telecommunications Term Loan (1/21) Loan 1M USD LIBOR+ 3.50 % 1.00 % 4.50 % 12/11/2026 2,947,500 2,823,770 2,906,972 Consolidated Communications, Inc. Telecommunications Term Loan B Loan 1M USD LIBOR+ 3.50 % 0.75 % 4.25 % 10/2/2027 714,005 705,262 704,187 CORAL-US CO-BORROWER LLC Telecommunications Term Loan B-5 Loan 1M USD LIBOR+ 2.25 % 0.00 % 2.44 % 1/31/2028 4,000,000 3,986,739 3,914,280 CoreCivic, Inc. Banking, Finance, Insurance & Real Estate Term Loan (12/19) Loan 1M USD LIBOR+ 4.50 % 1.00 % 5.50 % 12/18/2024 1,872,727 1,852,319 1,857,127 Corelogic, Inc. Services: Business Term Loan (4/21) Loan 1M USD LIBOR+ 3.50 % 0.50 % 4.00 % 6/2/2028 2,493,750 2,482,238 2,459,461 Cortes NP Acquisition Corp (Vertiv) Capital Equipment Term Loan 2/21 Loan 1M USD LIBOR+ 2.75 % 0.00 % 2.86 % 3/2/2027 1,980,000 1,980,000 1,913,175 COWEN INC. Banking, Finance, Insurance & Real Estate Term Loan Loan 6M USD LIBOR+ 3.25 % 0.00 % 4.00 % 3/24/2028 3,967,481 3,944,804 3,898,050 CROCS INC Consumer goods: Durable Term Loan Loan 3M USD SOFR+ 3.50 % 0.50 % 4.03 % 1/26/2029 1,000,000 995,000 987,500 Cross Financial Corp Banking, Finance, Insurance & Real Estate Term Loan B (3/21) Loan 6M USD LIBOR+ 4.00 % 0.75 % 4.81 % 9/15/2027 497,500 497,013 495,634 Crown Subsea Communications Holding, Inc. Construction & Building Term Loan (4/21) Loan 1M USD LIBOR+ 4.75 % 0.75 % 5.50 % 4/27/2027 2,404,110 2,382,506 2,402,114 CSC Holdings LLC (Neptune Finco Corp.) Media: Broadcasting & Subscription Term Loan B (03/17) Loan 1M USD LIBOR+ 2.25 % 0.00 % 2.44 % 7/15/2025 1,934,010 1,919,923 1,873,263 CSC Holdings LLC (Neptune Finco Corp.) Media: Broadcasting & Subscription Term Loan B Loan 1M USD LIBOR+ 2.25 % 0.00 % 2.44 % 1/15/2026 485,000 484,359 469,946 CSC Holdings LLC (Neptune Finco Corp.) Media: Broadcasting & Subscription Term Loan B-5 Loan 1M USD LIBOR+ 2.50 % 0.00 % 2.69 % 4/15/2027 490,000 490,000 475,035 CTS Midco, LLC High Tech Industries Term Loan B Loan 3M USD LIBOR+ 6.00 % 1.00 % 7.00 % 11/2/2027 1,980,000 1,929,799 1,952,775 Daseke Inc Transportation: Cargo Term Loan 2/21 Loan 1M USD LIBOR+ 4.00 % 0.75 % 4.75 % 3/5/2028 1,488,750 1,482,131 1,473,863 DCert Buyer, Inc. High Tech Industries Term Loan Loan 1M USD LIBOR+ 4.00 % 0.00 % 4.21 % 10/16/2026 1,484,887 1,484,887 1,477,046 Dealer Tire, LLC Automotive Term Loan B-1 Loan 1M USD LIBOR+ 4.25 % 0.00 % 4.46 % 12/12/2025 2,940,000 2,935,370 2,926,211 Delek US Holdings, Inc. Utilities: Oil & Gas Term Loan B Loan 1M USD LIBOR+ 2.25 % 0.00 % 2.46 % 3/31/2025 6,315,361 6,274,862 6,148,699 DexKo Global, Inc. (Dragon Merger) Automotive Term Loan (9/21) Loan 3M USD LIBOR+ 3.75 % 0.50 % 4.25 % 10/4/2028 840,000 836,119 828,450 DexKo Global, Inc. (Dragon Merger) (a) Automotive Delayed Draw Term Loan (9/21) Loan 3M USD LIBOR+ 3.75 % 0.50 % 4.25 % 10/4/2028 130,905 134,906 132,706 Diamond Sports Group, LLC (b) Media: Broadcasting & Subscription Term Loan Loan Prime+ 2.25 % 0.00 % 5.50 % 8/24/2026 3,408,970 2,964,398 1,264,728 DIRECTV FINANCING, LLC Media: Broadcasting & Subscription Term Loan Loan 3M USD LIBOR+ 5.00 % 0.75 % 5.75 % 8/2/2027 3,910,000 3,874,543 3,896,823 Dispatch Acquisition Holdings, LLC Environmental Industries Term Loan B (3/21) Loan 3M USD LIBOR+ 4.25 % 0.75 % 5.00 % 3/25/2028 497,500 493,121 493,769 DOMTAR CORPORATION Forest Products & Paper Term Loan 9/21 Loan 1M USD LIBOR+ 5.50 % 0.75 % 6.25 % 11/30/2028 840,645 832,557 837,140 DRI HOLDING INC. Media: Advertising, Printing & Publishing Term Loan (12/21) Loan 1M USD LIBOR+ 5.25 % 0.50 % 5.75 % 12/15/2028 3,000,000 2,970,701 2,944,500 Issuer Name Industry Asset Name Asset Reference Rate/Spread LIBOR Current Maturity Principal/ Cost Fair Value DRW Holdings, LLC Banking, Finance, Insurance & Real Estate Term Loan (2/21) Loan 1M USD LIBOR+ 3.75 % 0.00 % 3.96 % 3/1/2028 6,500,000 6,454,552 6,467,500 DTZ U.S. Borrower, LLC Construction & Building Term Loan Loan 1M USD LIBOR+ 2.75 % 0.00 % 2.96 % 8/21/2025 3,876,012 3,865,362 3,838,880 EAB Global, Inc. Services: Business Term Loan (08/21) Loan 6M USD LIBOR+ 3.50 % 0.50 % 4.00 % 8/16/2028 1,000,000 995,320 989,250 Echo Global Logistics, Inc. Services: Business Term Loan Loan 1M USD LIBOR+ 3.75 % 0.50 % 4.25 % 11/23/2028 2,000,000 1,995,444 1,978,500 Edelman Financial Group Inc., The Banking, Finance, Insurance & Real Estate Term Loan B (3/21) Loan 1M USD LIBOR+ 3.50 % 0.75 % 4.25 % 4/7/2028 2,210,766 2,203,181 2,190,603 Electrical Components Inter., Inc. Capital Equipment Term Loan (6/18) Loan 1M USD LIBOR+ 4.25 % 0.00 % 4.46 % 6/26/2025 1,903,934 1,903,934 1,874,575 ELECTRON BIDCO INC. Healthcare & Pharmaceuticals Term Loan Loan 1M USD LIBOR+ 3.25 % 0.50 % 3.75 % 11/1/2028 500,000 497,610 494,455 ELO Touch Solutions, Inc. Media: Diversified & Production Term Loan (12/18) Loan 1M USD LIBOR+ 6.50 % 0.00 % 6.71 % 12/14/2025 2,341,935 2,266,272 2,334,137 Embecta Corp Healthcare & Pharmaceuticals Term Loan B Loan 3M USD SOFR+ 3.00 % 0.50 % 3.50 % 1/26/2029 750,000 746,250 742,688 Endo Luxembourg Finance Company I S.a.r.l. Healthcare & Pharmaceuticals Term Loan (3/21) Loan 3M USD LIBOR+ 5.00 % 0.75 % 5.75 % 3/27/2028 2,347,110 2,338,792 2,264,421 Endure Digital, Inc. High Tech Industries Term Loan B Loan 6M USD LIBOR+ 3.50 % 0.75 % 4.25 % 2/10/2028 2,487,500 2,476,721 2,394,219 Enterprise Merger Sub Inc. Healthcare & Pharmaceuticals Term Loan B (06/18) Loan 1M USD LIBOR+ 3.75 % 0.00 % 3.96 % 10/10/2025 4,850,000 4,844,205 3,516,638 Equiniti Group PLC Services: Business Term Loan B Loan 3M USD LIBOR+ 4.50 % 0.50 % 5.00 % 12/11/2028 500,000 495,392 497,085 EyeCare Partners, LLC Healthcare & Pharmaceuticals Term Loan Loan 3M USD LIBOR+ 3.75 % 0.00 % 3.97 % 2/18/2027 1,967,959 1,967,595 1,945,820 Finco I LLC Banking, Finance, Insurance & Real Estate Term Loan B (9/20) Loan 1M USD LIBOR+ 2.50 % 0.00 % 2.71 % 6/27/2025 3,793,978 3,787,136 3,743,708 First Brands Group, LLC Automotive 1st Lien Term Loan (3/21) Loan 3M USD LIBOR+ 5.00 % 1.00 % 6.00 % 3/30/2027 4,962,500 4,891,260 4,925,281 First Eagle Investment Management Banking, Finance, Insurance & Real Estate Refinancing Term Loan Loan 3M USD LIBOR+ 2.50 % 0.00 % 2.72 % 2/1/2027 5,200,639 5,184,839 5,109,628 First Student Bidco Inc. Transportation: Consumer Term Loan B Loan 3M USD LIBOR+ 3.00 % 0.50 % 3.50 % 7/21/2028 730,392 725,495 719,663 First Student Bidco Inc. Transportation: Consumer Term Loan C Loan 3M USD LIBOR+ 3.00 % 0.50 % 3.50 % 7/21/2028 269,608 267,800 265,647 Fitness International, LLC (LA Fitness) Services: Consumer Term Loan B (4/18) Loan 3M USD LIBOR+ 3.25 % 1.00 % 4.25 % 4/18/2025 1,330,058 1,325,610 1,235,292 FOCUS FINANCIAL PARTNERS, LLC Banking, Finance, Insurance & Real Estate Term Loan (1/20) Loan 1M USD LIBOR+ 2.00 % 0.00 % 2.21 % 7/3/2024 494,872 494,493 488,122 Franchise Group, Inc. Services: Consumer First Out Term Loan Loan 3M USD LIBOR+ 4.75 % 0.75 % 5.50 % 3/10/2026 815,445 808,696 813,406 Franklin Square Holdings, L.P. Banking, Finance, Insurance & Real Estate Term Loan Loan 1M USD LIBOR+ 2.25 % 0.00 % 2.50 % 8/1/2025 4,353,736 4,335,125 4,310,199 Froneri International (R&R Ice Cream) Beverage, Food & Tobacco Term Loan B-2 Loan 1M USD LIBOR+ 2.25 % 0.00 % 2.46 % 1/29/2027 1,970,000 1,966,736 1,927,428 Garrett LX III S.a r.l. Automotive Dollar Term Loan Loan 3M USD LIBOR+ 3.25 % 0.50 % 3.75 % 4/28/2028 1,496,250 1,489,649 1,470,066 Gemini HDPE LLC Chemicals, Plastics, & Rubber Term Loan B (12/20) Loan 3M USD LIBOR+ 3.00 % 0.50 % 3.50 % 12/31/2027 2,392,656 2,376,261 2,370,715 General Nutrition Centers, Inc. (d) Retail Second Lien Term Loan Loan 1M USD LIBOR+ 6.00 % 0.00 % 6.11 % 10/7/2026 376,605 376,605 351,342 Genesee & Wyoming, Inc. Transportation: Cargo Term Loan (11/19) Loan 3M USD LIBOR+ 2.00 % 0.00 % 2.22 % 12/30/2026 1,473,750 1,468,685 1,451,305 GEO Group, Inc., The Banking, Finance, Insurance & Real Estate Term Loan Refinance Loan 1M USD LIBOR+ 2.00 % 0.75 % 2.75 % 3/22/2024 3,922,786 3,717,418 3,615,828 GGP Inc. Banking, Finance, Insurance & Real Estate Term Loan B Loan 1M USD LIBOR+ 2.50 % 0.00 % 2.71 % 8/27/2025 3,775,280 3,197,869 3,684,031 Gigamon Inc. Services: Business Term Loan B Loan 6M USD LIBOR+ 3.50 % 0.75 % 4.25 % 12/27/2024 2,900,607 2,887,935 2,889,730 Global Business Travel (GBT) III Inc. Hotel, Gaming & Leisure Term Loan Loan 1M USD LIBOR+ 2.50 % 0.00 % 2.71 % 8/13/2025 4,353,750 4,353,165 4,065,314 Issuer Name Industry Asset Name Asset Reference Rate/Spread LIBOR Current Maturity Principal/ Cost Fair Value Global Tel*Link Corporation Telecommunications Term Loan B Loan 1M USD LIBOR+ 4.25 % 0.00 % 4.46 % 11/29/2025 4,938,649 4,748,435 4,788,959 Go Daddy Operating Company, LLC High Tech Industries Term Loan 2/21 Loan 1M USD LIBOR+ 2.00 % 0.00 % 2.21 % 8/10/2027 1,979,899 1,979,899 1,948,657 Go Wireless Holdings, Inc. Telecommunications Term Loan Loan 1M USD LIBOR+ 6.50 % 1.00 % 7.50 % 12/22/2024 2,846,753 2,824,354 2,828,961 GOLDEN WEST PACKAGING GROUP LLC Forest Products & Paper Term Loan (11/21) Loan 1M USD LIBOR+ 5.25 % 0.75 % 6.00 % 11/23/2027 2,000,000 1,980,672 1,980,000 Graham Packaging Co Inc Containers, Packaging & Glass Term Loan (2/21) Loan 1M USD LIBOR+ 3.00 % 0.75 % 3.75 % 8/7/2027 972,314 966,607 961,647 Great Outdoors Group, LLC Retail Term Loan B2 Loan 3M USD LIBOR+ 3.75 % 0.75 % 4.50 % 3/6/2028 990,019 985,574 984,079 Greenhill & Co., Inc. Banking, Finance, Insurance & Real Estate Term Loan B Loan 1M USD LIBOR+ 3.25 % 0.00 % 3.46 % 4/12/2024 2,844,231 2,829,223 2,826,454 Griffon Corporation Consumer goods: Durable Term Loan B Loan 3M USD SOFR+ 2.75 % 0.50 % 3.27 % 1/24/2029 250,000 249,378 248,063 Grosvenor Capital Management Holdings, LLLP Banking, Finance, Insurance & Real Estate Amendment 5 Term Loan Loan 1M USD LIBOR+ 2.50 % 0.50 % 3.00 % 2/24/2028 3,870,741 3,867,368 3,845,581 Harbor Freight Tools USA, Inc. Retail Term Loan B (06/21) Loan 1M USD LIBOR+ 2.75 % 0.50 % 3.25 % 10/19/2027 3,473,618 3,452,200 3,414,393 Harland Clarke Holdings Corp. Media: Advertising, Printing & Publishing Term Loan (08/21) Loan 3M USD LIBOR+ 7.75 % 1.00 % 8.75 % 6/16/2026 1,262,555 1,260,655 1,121,149 Helix Gen Funding, LLc Energy: Electricity Term Loan B (02/17) Loan 1M USD LIBOR+ 3.75 % 1.00 % 4.75 % 6/3/2024 226,716 226,626 218,895 Hillman Group Inc. (The) (New) Consumer goods: Durable Term Loan B-1 (2/21) Loan 1M USD LIBOR+ 2.75 % 0.50 % 3.25 % 7/14/2028 3,514,399 3,506,291 3,471,101 Hillman Group Inc. (The) (New) (a) Consumer goods: Durable Delayed Draw Term Loan (2/21) Loan 1M USD LIBOR+ 2.75 % 0.50 % 3.25 % 7/14/2028 67,342 67,342 56,947 HLF Financing SARL (Herbalife) Consumer goods: Non-durable Term Loan B (08/18) Loan 1M USD LIBOR+ 2.50 % 0.00 % 2.71 % 8/18/2025 3,550,000 3,541,488 3,505,625 Holley Purchaser, Inc Automotive Term Loan (11/21) Loan 3M USD LIBOR+ 3.75 % 0.75 % 4.50 % 11/17/2028 2,137,500 2,127,187 2,117,899 Holley Purchaser, Inc (a) Automotive Delayed Draw Term Loan Loan 3M USD LIBOR+ 3.75 % 0.75 % 4.50 % 11/17/2028 106,875 106,875 103,602 Howden Group Holdings Banking, Finance, Insurance & Real Estate Term Loan (1/21) Loan 1M USD LIBOR+ 3.25 % 0.75 % 4.00 % 11/12/2027 2,174,152 2,164,312 2,148,192 Hudson River Trading LLC Banking, Finance, Insurance & Real Estate Term Loan (3/21) Loan 1M USD SOFR+ 3.00 % 0.00 % 3.30 % 3/17/2028 5,955,000 5,902,173 5,843,344 Idera, Inc. High Tech Industries Term Loan (02/21) Loan 6M USD LIBOR+ 3.75 % 0.75 % 4.50 % 3/2/2028 4,860,079 4,848,914 4,811,478 IMA Financial Group, Inc. Banking, Finance, Insurance & Real Estate Term Loan (10/21) Loan 1M USD LIBOR+ 3.75 % 0.50 % 4.25 % 11/1/2028 2,000,000 1,990,546 1,973,760 INDY US BIDCO, LLC Services: Business Term Loan (11/21) Loan 1M USD LIBOR+ 3.75 % 0.00 % 3.96 % 3/6/2028 2,238,141 2,237,925 2,221,355 INEOS US PETROCHEM LLC Chemicals, Plastics, & Rubber Term Loan (1/21) Loan 1M USD LIBOR+ 2.75 % 0.50 % 3.25 % 1/29/2026 995,000 991,113 983,189 Informatica Inc. High Tech Industries Term Loan B (10/21) Loan 1M USD LIBOR+ 2.75 % 0.00 % 3.00 % 10/27/2028 500,000 499,441 493,440 Ingram Micro Inc. High Tech Industries Term Loan Loan 3M USD LIBOR+ 3.50 % 0.50 % 4.00 % 6/30/2028 1,492,500 1,478,709 1,483,172 Inmar Acquisition Sub, Inc. Services: Business Term Loan B Loan 3M USD LIBOR+ 4.00 % 1.00 % 5.00 % 5/1/2024 3,386,129 3,343,519 3,356,501 Innophos, Inc. Chemicals, Plastics, & Rubber Term Loan B Loan 1M USD LIBOR+ 3.75 % 0.00 % 3.96 % 2/4/2027 491,250 489,509 487,973 INSTANT BRANDS HOLDINGS INC. Consumer goods: Durable Term Loan 4/21 Loan 3M USD LIBOR+ 5.00 % 0.75 % 5.75 % 4/7/2028 4,368,033 4,346,269 4,018,591 INSTRUCTURE HOLDINGS, INC. High Tech Industries Term Loan B Loan 3M USD LIBOR+ 2.75 % 0.50 % 3.27 % 10/21/2028 500,000 498,797 492,500 Isagenix International, LLC Beverage, Food & Tobacco Term Loan Loan 3M USD LIBOR+ 5.75 % 1.00 % 6.75 % 6/14/2025 2,427,552 2,401,608 1,775,900 Ivory Merger Sub, Inc. Healthcare & Pharmaceuticals Term Loan Loan 1M USD LIBOR+ 3.50 % 0.00 % 3.67 % 3/14/2025 2,949,539 2,931,462 2,870,285 J Jill Group, Inc Retail Priming Term Loan Loan 3M USD LIBOR+ 5.00 % 1.00 % 6.00 % 5/8/2024 1,574,907 1,573,650 1,409,542 Issuer Name Industry Asset Name Asset Reference Rate/Spread LIBOR Current Maturity Principal/ Cost Fair Value Jane Street Group Banking, Finance, Insurance & Real Estate Term Loan (1/21) Loan 1M USD LIBOR+ 2.75 % 0.00 % 2.96 % 1/31/2028 3,960,000 3,954,873 3,906,778 Journey Personal Care Corp. Consumer goods: Non-durable Term Loan B Loan 3M USD LIBOR+ 4.25 % 0.75 % 5.00 % 3/1/2028 995,000 990,570 945,250 JP Intermediate B, LLC Consumer goods: Non-durable Term Loan Loan 3M USD LIBOR+ 5.50 % 1.00 % 6.50 % 11/15/2025 4,154,019 4,125,538 3,620,933 KAR Auction Services, Inc. Automotive Term Loan B (09/19) Loan 1M USD LIBOR+ 2.25 % 0.00 % 2.50 % 9/19/2026 244,375 243,989 241,931 Klockner-Pentaplast of America, Inc. Containers, Packaging & Glass Term Loan (1/21) (USD) Loan 6M USD LIBOR+ 4.75 % 0.50 % 5.55 % 2/12/2026 1,488,750 1,482,629 1,391,981 Kodiak BP, LLC Construction & Building Term Loan Loan 3M USD LIBOR+ 3.25 % 0.75 % 4.00 % 3/13/2028 496,250 494,732 489,054 KREF Holdings X LLC Banking, Finance, Insurance & Real Estate Term Loan (11/21) Loan 3M USD LIBOR+ 3.50 % 0.50 % 4.00 % 9/1/2027 496,250 486,145 491,288 Lakeland Tours, LLC (d) Hotel, Gaming & Leisure Priority Exit PIK Term Loan (9/20) Loan 3M USD LIBOR+ 6.00 % 1.25 % 7.25 % 9/25/2023 299,904 288,132 300,054 Lakeland Tours, LLC (d) Hotel, Gaming & Leisure 2nd Out Take Back PIK Term Loan Loan 3M USD LIBOR+ 1.50 % 1.25 % 2.75 % 9/25/2025 616,465 528,040 592,115 Lakeland Tours, LLC (d) Hotel, Gaming & Leisure Third Out PIK Term Loan Loan 3M USD LIBOR+ 1.50 % 1.25 % 2.75 % 9/25/2025 818,373 540,076 720,987 Lakeland Tours, LLC (d) Hotel, Gaming & Leisure Holdco Fixed Term Loan Loan Fixed 0.00 % 0.00 % 13.25 % 9/27/2027 869,977 228,303 594,847 Lealand Finance Company B.V. (d) Energy: Oil & Gas Exit Term Loan Loan 1M USD LIBOR+ 1.00 % 0.00 % 1.21 % 6/30/2025 334,753 334,753 155,422 Learfield Communications, Inc Media: Advertising, Printing & Publishing Initial Term Loan (A-L Parent) Loan 1M USD LIBOR+ 3.25 % 1.00 % 4.25 % 12/1/2023 475,000 474,352 449,616 Lifetime Brands, Inc Consumer goods: Non-durable Term Loan B Loan 1M USD LIBOR+ 3.50 % 1.00 % 4.50 % 2/28/2025 2,694,077 2,673,038 2,667,136 Lightstone Generation LLC Energy: Electricity Term Loan B Loan 3M USD LIBOR+ 3.75 % 1.00 % 4.75 % 1/30/2024 1,322,520 1,321,594 1,099,212 Lightstone Generation LLC Energy: Electricity Term Loan C Loan 3M USD LIBOR+ 3.75 % 1.00 % 4.75 % 1/30/2024 74,592 74,542 61,997 Liquid Tech Solutions Holdings, LLC Services: Business Term Loan Loan 12M USD LIBOR+ 4.75 % 0.00 % 5.50 % 3/17/2028 995,000 991,612 991,269 LogMeIn, Inc. High Tech Industries Term Loan (8/20) Loan 1M USD LIBOR+ 4.75 % 0.00 % 4.89 % 8/31/2027 3,960,000 3,897,792 3,888,482 LOYALTY VENTURES INC. Services: Business Term Loan B Loan 1M USD LIBOR+ 4.50 % 0.50 % 5.00 % 11/3/2027 3,340,141 3,320,925 3,294,214 LPL Holdings, Inc. Banking, Finance, Insurance & Real Estate Term Loan B1 Loan 1M USD LIBOR+ 1.75 % 0.00 % 1.86 % 11/11/2026 1,220,308 1,218,289 1,200,857 LSF11 A5 HOLDCO LLC Chemicals, Plastics, & Rubber Term Loan Loan 1M USD SOFR+ 3.75 % 0.50 % 4.25 % 10/16/2028 250,000 248,837 246,875 MA FinanceCo LLC High Tech Industries Term Loan B4 Loan 3M USD LIBOR+ 4.25 % 1.00 % 5.25 % 6/5/2025 2,234,660 2,228,836 2,208,582 MAGNITE, INC. Services: Business Term Loan Loan 6M USD LIBOR+ 5.00 % 0.75 % 5.75 % 4/28/2028 1,990,000 1,935,905 1,980,050 Marriott Ownership Resorts, Inc. Hotel, Gaming & Leisure Term Loan (11/19) Loan 1M USD LIBOR+ 1.75 % 0.00 % 1.96 % 8/29/2025 1,317,074 1,317,074 1,290,403 Match Group, Inc, The Services: Consumer Term Loan (1/20) Loan 3M USD LIBOR+ 1.75 % 0.00 % 2.22 % 2/15/2027 250,000 249,562 244,895 Mayfield Agency Borrower Inc. (FeeCo) Banking, Finance, Insurance & Real Estate Term Loan Loan 1M USD LIBOR+ 4.50 % 0.00 % 4.71 % 2/28/2025 3,392,071 3,369,794 3,375,823 McAfee, LLC Services: Business Term Loan B Loan Prime+ 2.75 % 0.00 % 6.00 % 9/30/2024 1,642,423 1,638,322 1,638,054 McGraw-Hill Education, Inc. Media: Advertising, Printing & Publishing Term Loan (07/21) Loan 3M USD LIBOR+ 4.75 % 0.50 % 5.26 % 7/28/2028 1,995,000 1,976,108 1,975,050 MedAssets Software Inter Hldg, Inc. High Tech Industries Term Loan (11/21) (USD) Loan 3M USD LIBOR+ 4.00 % 0.50 % 4.50 % 11/17/2028 500,000 492,500 496,250 Mermaid Bidco Inc. High Tech Industries Term Loan B2 Loan 3M USD LIBOR+ 3.75 % 0.75 % 4.50 % 12/22/2027 993,756 990,577 976,366 Messer Industries, LLC Chemicals, Plastics, & Rubber Term Loan B Loan 3M USD LIBOR+ 2.50 % 0.00 % 2.72 % 3/1/2026 3,381,47

Income Taxes (Tables)

Income Taxes (Tables)	6 Months Ended
	Aug. 31, 2022
Income Tax Disclosure [Abstract]
Schedule of deferred tax assets and liabilities	August 31, February 28, Total deferred tax assets $ 2,157,850 $ 1,991,241 Total deferred tax liabilities (1,885,601 ) (1,293,496 ) Valuation allowance on net deferred tax assets (1,982,564 ) (1,946,760 ) Net deferred tax liability $ (1,710,315 ) $ (1,249,015 )
Schedule of federal and state income tax provisions benefit	For the three months ended For the six months ended August 31, August 31, August 31, August 31, Current Federal $ (3,674 ) $ 425,828 $ (217,516 ) $ - State (55 ) 50,694 78,448 - Net current expense (3,729 ) 476,522 (139,068 ) - Deferred Federal 89,409 1,111,006 385,480 127,850 State 42,583 220,748 75,819 130,213 Net deferred expense 131,992 1,331,754 461,299 258,063 Net tax provision $ 128,263 $ 1,808,276 $ 322,231 $ 258,063

Borrowings (Tables)

Borrowings (Tables)	6 Months Ended
	Aug. 31, 2022
Debt Disclosure [Abstract]
Schedule of credit facility	Class and Year (1)(2) Total Amount Asset Involuntary Average (in thousands) Credit Facility with Encina Lender Finance, LLC Fiscal year 2023 (as of August 31, 2022) $ 25,000 $ 1,842 - N/A Fiscal year 2022 (as of February 28, 2022) $ 12,500 $ 2,093 - N/A Credit Facility with Madison Capital Funding(14) Fiscal year 2021 (as of February 28, 2021) $ - $ 3,471 - N/A Fiscal year 2020 (as of February 29, 2020) $ - $ 6,071 - N/A Fiscal year 2019 (as of February 28, 2019) $ - $ 2,345 - N/A Fiscal year 2018 (as of February 28, 2018) $ - $ 2,930 - N/A Fiscal year 2017 (as of February 28, 2017) $ - $ 2,710 - N/A Fiscal year 2016 (as of February 29, 2016) $ - $ 3,025 - N/A Fiscal year 2015 (as of February 28, 2015) $ 9,600 $ 3,117 - N/A Fiscal year 2014 (as of February 28, 2014) $ - $ 3,348 - N/A Fiscal year 2013 (as of February 28, 2013) $ 24,300 $ 5,421 - N/A Fiscal year 2012 (as of February 29, 2012) $ 20,000 $ 5,834 - N/A Fiscal year 2011 (as of February 28, 2011) $ 4,500 $ 20,077 - N/A Fiscal year 2010 (as of February 28, 2010) $ - $ - - N/A Fiscal year 2009 (as of February 28, 2009) $ - $ - - N/A Fiscal year 2008 (as of February 29, 2008) $ - $ - - N/A Fiscal year 2007 (as of February 28, 2007) $ - $ - - N/A 7.50% Notes due 2020(7) Fiscal year 2017 (as of February 28, 2017) $ - $ - - N/A Fiscal year 2016 (as of February 29, 2016) $ 61,793 $ 3,025 - $ 25.24 (8) Fiscal year 2015 (as of February 28, 2015) $ 48,300 $ 3,117 - $ 25.46 (8) Fiscal year 2014 (as of February 28, 2014) $ 48,300 $ 3,348 - $ 25.18 (8) Fiscal year 2013 (as of February 28, 2013) $ - $ - - N/A Fiscal year 2012 (as of February 29, 2012) $ - $ - - N/A Fiscal year 2011 (as of February 28, 2011) $ - $ - - N/A Fiscal year 2010 (as of February 28, 2010) $ - $ - - N/A Fiscal year 2009 (as of February 28, 2009) $ - $ - - N/A Fiscal year 2008 (as of February 29, 2008) $ - $ - - N/A Fiscal year 2007 (as of February 28, 2007) $ - $ - - N/A 6.75% Notes due 2023(9) Fiscal year 2020 (as of February 29, 2020) $ - $ - - N/A Fiscal year 2019 (as of February 28, 2019) $ 74,451 $ 2,345 - $ 25.74 (10) Fiscal year 2018 (as of February 28, 2018) $ 74,451 $ 2,930 - $ 26.05 (10) Fiscal year 2017 (as of February 28, 2017) $ 74,451 $ 2,710 - $ 25.89 (10) 6.25% Notes due 2025(13) Fiscal year 2022 (as of February 28, 2022) - - - N/A Fiscal year 2021 (as of February 28, 2021) $ 60,000 $ 3,471 - $ 24.24 (11) Fiscal year 2020 (as of February 29, 2020) $ 60,000 $ 6,071 - $ 25.75 (11) Fiscal year 2019 (as of February 28, 2019) $ 60,000 $ 2,345 - $ 24.97 (11) 7.25% Notes due 2025(16) Fiscal year 2023 (as of August 31, 2022) $ - $ - - N/A Fiscal year 2022 (as of February 28, 2022) $ 43,125 $ 2,093 - $ 25.46 (11) Fiscal year 2021 (as of February 28, 2021) $ 43,125 $ 3,471 - $ 25.77 (11) 7.75% Notes due 2025 Fiscal year 2023 (as of August 31, 2022) $ 5,000 $ 1,842 - $ 25.00 (12) Fiscal year 2022 (as of February 28, 2022) $ 5,000 $ 2,093 - $ 25.00 (12) Fiscal year 2021 (as of February 28, 2021) $ 5,000 $ 3,471 - $ 25.00 (12) 4.375% Notes due 2026 Fiscal year 2023 (as of August 31, 2022) $ 175,000 $ 1,842 - $ 25.00 (12) Fiscal year 2022 (as of February 28, 2022) $ 175,000 $ 2,093 - $ 25.00 (12) 4.35% Notes due 2027 Fiscal year 2023 (as of August 31, 2022) $ 75,000 $ 1,842 - $ 25.00 (12) Fiscal year 2022 (as of February 28, 2022) $ 75,000 $ 2,093 - $ 25.00 (12) 6.25% Notes due 2027 Fiscal year 2023 (as of August 31, 2022) $ 15,000 $ 1,842 - $ 25.00 (12) Fiscal year 2022 (as of February 28, 2022) $ 15,000 $ 2,093 - $ 25.00 (12) Fiscal year 2021 (as of February 28, 2021) $ 15,000 $ 3,471 - $ 25.00 (12) 6.00% Notes due 2027 Fiscal year 2023 (as of August 31, 2022) $ 105,500 $ 1,842 $ 24.12 (15) (1) We have excluded our SBA-guaranteed debentures from this table because the SEC has granted us exemptive relief that permits us to exclude such debentures from the definition of senior securities in the 150% asset coverage ratio we are required to maintain under the 1940 Act. (2) This table does not include the senior securities of our predecessor entity, GSC Investment Corp., relating to a revolving securitized credit facility with Deutsche Bank, in light of the fact that the Company was under different management during the time that such credit facility was outstanding. (3) Total amount of senior securities outstanding at the end of the period presented. (4) Asset coverage per unit is the ratio of our total assets, less all liabilities and indebtedness not represented by senior securities, to the aggregate amount of senior securities representing indebtedness. Asset coverage per unit is expressed in terms of dollar amounts per $1,000 of indebtedness, calculated on a total basis. (5) The amount to which such class of senior security would be entitled upon the involuntary liquidation of the issuer in preference to any security junior to it. The “—” indicates information which the Securities and Exchange Commission expressly does not require to be disclosed for certain types of senior securities. (6) Not applicable for credit facility because not registered for public trading. (7) On January 13, 2017, the Company redeemed in full its 2020 Notes. The Company used a portion of the net proceeds from the 2023 Notes offering, which was completed in December 2016, to redeem the 2020 Notes in full. (8) Based on the average daily trading price of the 2020 Notes on the NYSE. (9) On December 21, 2019 and February 7, 2020, the Company redeemed $50.0 million and $24.45 million, respectively, in aggregate principal amount of the $74.45 million in aggregate principal amount of issued and outstanding 2023 Notes. (10) Based on the average daily trading price of the 2023 Notes on the NYSE. (11) Based on the average daily trading price of the 2025 Notes on the NYSE. (12) The carrying value of this unlisted security approximates its fair value, based on a waterfall analysis showing adequate collateral coverage. (13) On August 31, 2021, the Company redeemed $60.0 million in aggregate principal amount of the issued and outstanding 6.25% 2025 Notes. The Company used a portion of the net proceeds from the 4.375% 2026 Notes offering, which was completed in July 2021, to redeem the 6.25% 2025 Notes in full. (14) On October 4, 2021, the Company repaid all remaining amounts outstanding under the Madison Credit Facility and the credit agreement relating to the Madison Credit Facility was terminated. (15) Based on the average daily trading price of the 2027 Notes on the NYSE. (16) On July 14, 2022, the Company redeemed $43.1 million in aggregate principal amount of the issued and outstanding 7.25% 2025 Notes.

Commitments and Contingencies (

Commitments and Contingencies (Tables)	6 Months Ended
	Aug. 31, 2022
Commitments and Contingencies Disclosure [Abstract]
Schedule of payment obligations for repayment of debt and other contractual obligations	Payment Due by Period Long-Term Debt Obligations Total Less Than 1 Year 1 - 3 Years 3 - 5 Years More Than ($ in thousands) Revolving credit facility $ 25,000 $ - $ 25,000 $ - $ - SBA debentures 233,660 - 15,000 33,660 185,000 7.75% 2025 Notes 5,000 - 5,000 - - 4.375% 2026 Notes 175,000 - - 175,000 - 4.35% 2027 Notes 75,000 - - 75,000 - 6.25% 2027 Notes 15,000 - - - 15,000 6.00% 2027 Notes 105,500 - - 105,500 - Total Long-Term Debt Obligations $ 634,160 $ - $ 45,000 $ 389,160 $ 200,000
Schedule of unfunded commitments outstanding	August 31, February 28, At Company’s discretion ActiveProspect, Inc. $ 10,000 $ - Artemis Wax 3,000 3,700 Ascend Software LLC 5,000 5,000 Axero Holdings - 3,000 Davisware 2,000 2,000 Granite Comfort 5,000 - JDXpert 5,000 - Lee’s Famous Recipe Chicken 4,000 10,000 Netreo Holdings, LLC - 4,000 Pepper Palace 3,000 3,000 Procrement Partners - 2,800 Saratoga Senior Loan Fund I JV LLC 15,606 17,500 Sceptre Hospitality Resources 250 1,000 Book4Time, Inc. - 2,000 Total 52,856 54,000 At portfolio company’s discretion - satisfaction of certain financial and nonfinancial covenants required Ascend Software LLC 4,200 6,500 ARC Health 8,500 - Axero Holdings - 2,000 Axero Holdings - Revolver 500 500 Davisware, LLC 1,000 1,000 Exigo - DDTL 4,167 - Exigo - Revolver 833 - GDS Holdings US, Inc. 1,036 2,786 Granite Comfort 5,000 - GoReact 500 2,500 JDXpert 1,000 - Madison Logic - Revolver 1,084 1,084 New England Dental Partners 4,500 4,500 Pepper Palace - DDTL 2,000 2,000 Pepper Palace - Revolver 2,500 2,500 Zollege 1,000 1,000 Lee’s Famous Recipe Chicken - 3,000 37,820 29,370 Total $ 90,676 $ 83,370

Stockholders' Equity (Tables)

Stockholders' Equity (Tables)	6 Months Ended
	Aug. 31, 2022
Stockholders' Equity Note [Abstract]
Schedule of reconciliation of the changes in each significant caption of stockholders’ equity	Capital Total Common Stock in Excess Distributable Shares Amount of Par Value Earnings (Loss) Net Assets Balance at February 28, 2021 11,161,416 $ 11,161 $ 304,874,957 $ (700,348 ) $ 304,185,770 Increase (Decrease) from Operations: Net investment income - - - 2,555,935 2,555,935 Net realized gain (loss) from investments - - - 1,910,141 1,910,141 Net change in unrealized appreciation (depreciation) on investments - - - 16,812,577 16,812,577 Net change in provision for deferred taxes on unrealized (appreciation) depreciation on investments - - - (230,144 ) (230,144 ) Decrease from Shareholder Distributions: Distributions of investment income – net - - - (4,799,405 ) (4,799,405 ) Capital Share Transactions: Proceeds from issuance of common stock - - - - - Stock dividend distribution 38,580 39 914,063 - 914,102 Repurchases of common stock (40,000 ) (40 ) (1,003,380 ) - (1,003,420 ) Repurchase fees - - (800 ) - (800 ) Offering costs - - - - - Balance at May 31, 2021 11,159,995 $ 11,160 $ 304,784,840 $ 15,548,756 $ 320,344,756 Increase (Decrease) from Operations: Net investment income - - - 6,393,261 6,393,261 Net realized gain (loss) from investments - - - 1,501,597 1,501,597 Income tax (provision) benefit from realized gain on investments - - - (448,883 ) (448,883 ) Realized losses on extinguishment of debt (1,552,140 ) (1,552,140 ) Net change in unrealized appreciation (depreciation) on investments - - - 3,376,540 3,376,540 Net change in provision for deferred taxes on unrealized (appreciation) depreciation on investments - - - (1,328,711 ) (1,328,711 ) Decrease from Shareholder Distributions: Distributions of investment income – net - - - (4,910,394 ) (4,910,394 ) Capital Share Transactions: Proceeds from issuance of common stock 5,441 6 157,034 - 157,040 Stock dividend distribution 33,099 33 828,479 - 828,512 Repurchases of common stock (9,623 ) (10 ) (248,713 ) - (248,723 ) Repurchase fees - - (192 ) - (192 ) Offering costs - - (817 ) - (817 ) Balance at August 31, 2021 11,188,912 $ 11,189 $ 305,520,631 $ 18,580,025 $ 324,111,845 Increase (Decrease) from Operations: Net investment income - - - 5,196,635 5,196,635 Net realized gain (loss) from investments - - - 9,916,925 9,916,925 Income tax (provision) benefit from realized gain on investments - - - (2,447,173 ) (2,447,173 ) Realized losses on extinguishment of debt (764,123 ) (764,123 ) Net change in unrealized appreciation (depreciation) on investments - - - (6,042,616 ) (6,042,616 ) Net change in provision for deferred taxes on unrealized (appreciation) depreciation on investments - - - 2,480,465 2,480,465 Decrease from Shareholder Distributions: Distributions of investment income – net - - - (5,889,329 ) (5,889,329 ) Capital Share Transactions: Proceeds from issuance of common stock 520,076 520 15,163,259 - 15,163,779 Stock dividend distribution 38,016 38 1,017,625 - 1,017,663 Repurchases of common stock - - - - - Repurchase fees - - - - - Offering costs - - (142,326 ) - (142,326 ) Balance at November 30, 2021 11,747,004 $ 11,747 $ 321,559,189 $ 21,030,809 $ 342,601,745 Capital Total Common Stock in Excess Distributable Shares Amount of Par Value Earnings (Loss) Net Assets Increase (Decrease) from Operations: Net investment income - - - 5,796,910 5,796,910 Net realized gain (loss) from investments - - - 69,664 69,664 Income tax (provision) benefit from realized gain on investments - - - 9,612 9,612 Realized losses on extinguishment of debt (118,147 ) (118,147 ) Net change in unrealized appreciation (depreciation) on investments - - - 2,873,561 2,873,561 Net change in provision for deferred taxes on unrealized (appreciation) depreciation on investments - - - (226,702 ) (226,702 ) Decrease from Shareholder Distributions: Distributions of investment income – net - - - (6,434,106 ) (6,434,106 ) Capital Share Transactions: Proceeds from issuance of common stock 392,826 392 11,513,992 - 11,514,383 Stock dividend distribution 41,520 42 1,114,886 - 1,114,929 Repurchases of common stock (50,000 ) (50 ) (1,292,843 ) - (1,292,893 ) Repurchase fees (1,000 ) - (1,000 ) Offering costs (127,433 ) - (127,433 ) Tax reclassification of stockholders’ equity in accordance with generally accepted accounting principles - - (4,704,545 ) 4,704,545 - Balance at February 28, 2022 12,131,350 $ 12,131 $ 328,062,246 $ 27,706,146 $ 355,780,523 Increase (Decrease) from Operations: Net investment income - - - 7,976,222 7,976,222 Net realized gain (loss) from investments - - - 162,509 162,509 Income tax (provision) benefit from realized gain on investments - - - 69,250 69,250 Net change in unrealized appreciation (depreciation) on investments - - - (9,333,449 ) (9,333,449 ) Net change in provision for deferred taxes on unrealized (appreciation) depreciation on investments - - - (361,951 ) (361,951 ) Decrease from Shareholder Distributions: Distributions of investment income – net - - - (6,428,817 ) (6,428,817 ) Capital Share Transactions: Proceeds from issuance of common stock - - - - - Stock dividend distribution 42,825 43 1,108,637 - 1,108,680 Repurchases of common stock (142,177 ) (142 ) (3,734,174 ) - (3,734,316 ) Repurchase fees - - (2,840 ) - (2,840 ) Offering costs - - - - - Balance at May 31, 2022 12,031,998 $ 12,032 $ 325,433,869 $ 19,789,910 $ 345,235,811 Increase (Decrease) from Operations: Net investment income - - - 7,698,014 7,698,014 Net realized gain (loss) from investments - - - 7,943,838 7,943,838 Realized losses on extinguishment of debt - - - (1,204,809 ) (1,204,809 ) Net change in unrealized appreciation (depreciation) on investments - - - (13,258,456 ) (13,258,456 ) Net change in provision for deferred taxes on unrealized (appreciation) depreciation on investments - - - (230,154 ) (230,154 ) Decrease from Shareholder Distributions: Distributions of investment income – net - - - (6,369,981 ) (6,369,981 ) Capital Share Transactions: Stock dividend distribution 48,590 49 1,088,139 - 1,088,188 Repurchases of common stock (153,350 ) (154 ) (3,685,951 ) - (3,686,105 ) Repurchase fees - - (3,071 ) - (9,464 ) Balance at August 31, 2022 11,927,238 $ 11,927 $ 322,832,986 $ 14,368,362 $ 337,213,275 Capital Total Common Stock in Excess Distributable Shares Amount of Par Value Earnings (Loss) Net Assets Balance at February 29, 2020 11,217,545 $ 11,218 $ 289,476,991 $ 14,798,644 $ 304,286,853 Increase (Decrease) from Operations: Net investment income - - - 9,018,314 9,018,314 Net realized gain (loss) from investments - - - 8,480 8,480 Net change in unrealized appreciation (depreciation) on investments - - - (31,950,369 ) (31,950,369 ) Net change in provision for deferred taxes on unrealized (appreciation) depreciation on investments - - - 267,740 267,740 Decrease from Shareholder Distributions: Distributions of investment income – net - - - - - Capital Share Transactions: Proceeds from issuance of common stock - - - - - Stock dividend distribution - - - - - Repurchases of common stock - - - - - Offering costs - - - - - Balance at May 31, 2020 11,217,545 $ 11,218 $ 289,476,991 $ (7,857,191 ) $ 281,631,018 Increase (Decrease) from Operations: Net investment income - - - 5,334,713 5,334,713 Net realized gain (loss) from investments - - - 11,929 11,929 Net change in unrealized appreciation (depreciation) on investments - - - 16,580,401 16,580,401 Net change in provision for deferred taxes on unrealized (appreciation) depreciation on investments - - - (116,521 ) (116,521 ) Decrease from Shareholder Distributions: Distributions of investment income – net - - - (4,487,015 ) (4,487,015 ) Capital Share Transactions: Proceeds from issuance of common stock - - - - - Stock dividend distribution 47,098 46 774,944 - 774,990 Repurchases of common stock (90,321 ) (90 ) (1,550,327 ) - (1,550,417 ) Repurchase fees - - (1,740 ) - (1,740 ) Offering costs - - - - - Balance at August 31, 2020 11,174,322 $ 11,174 $ 288,699,868 $ 9,466,316 $ 298,177,358 Increase (Decrease) from Operations: Net investment income - - - 4,471,102 4,471,102 Net realized gain (loss) from investments - - - 1,798 1,798 Income tax (provision) benefit from realized gain on investments (3,895,354 ) (3,895,354 ) Net change in unrealized appreciation (depreciation) on investments - - - 5,998,830 5,998,830 Net change in provision for deferred taxes on unrealized (appreciation) depreciation on investments - - - (210,057 ) (210,057 ) Decrease from Shareholder Distributions: Distributions of investment income – net - - - (4,581,469 ) (4,581,469 ) Capital Share Transactions: Proceeds from issuance of common stock - - - - - Stock dividend distribution 45,706 46 805,883 - 805,929 Repurchases of common stock (50,000 ) (50 ) (914,194 ) - (914,244 ) Repurchase fees - - (1,003 ) - (1,003 ) Offering costs - - - - - Balance at November 30, 2020 11,170,028 $ 11,170 $ 288,590,554 $ 11,251,166 $ 299,852,890 Capital Total Common Stock in Excess Distributable Shares Amount of Par Value Earnings (Loss) Net Assets Increase (Decrease) from Operations: Net investment income - - - 4,288,996 4,288,996 Net realized gain (loss) from investments - - - (8,726,013 ) (8,726,013 ) Income tax (provision) benefit from realized gain on investments - - - - - Realized losses on extinguishment of debt (128,617 ) (128,617 ) Net change in unrealized appreciation (depreciation) on investments - - - 14,337,460 14,337,460 Net change in provision for deferred taxes on unrealized (appreciation) depreciation on investments - - - (515,796 ) (515,796 ) Decrease from Shareholder Distributions: Distributions of investment income – net - - - (4,678,514 ) (4,678,514 ) Capital Share Transactions: Proceeds from issuance of common stock - - - - - Stock dividend distribution 41,388 41 900,124 - 900,165 Repurchases of common stock (50,000 ) (50 ) (1,143,748 ) - (1,143,798 ) Repurchase fees - - (1,003 ) - (1,003 ) Offering costs - - - - - Tax reclassification of stockholders’ equity in accordance with generally accepted accounting principles - - 16,529,030 (16,529,030 ) - Balance at February 28, 2021 11,161,416 $ 11,161 $ 304,874,957 $ (700,348 ) $ 304,185,770 Increase (Decrease) from Operations: Net investment income - - - 2,555,935 2,555,935 Net realized gain (loss) from investments - - - 1,910,141 1,910,141 Net change in unrealized appreciation (depreciation) on investments - - - 16,812,577 16,812,577 Net change in provision for deferred taxes on unrealized (appreciation) depreciation on investments - - - (230,144 ) (230,144 ) Decrease from Shareholder Distributions: Distributions of investment income – net - - - (4,799,405 ) (4,799,405 ) Capital Share Transactions: Proceeds from issuance of common stock - - - - - Stock dividend distribution 38,580 39 914,063 - 914,102 Repurchases of common stock (40,000 ) (40 ) (1,003,380 ) - (1,003,420 ) Repurchase fees - - (800 ) - (800 ) Offering costs - - - - - Balance at May 31, 2021 11,159,995 $ 11,160 $ 304,784,840 $ 15,548,756 $ 320,344,756 Increase (Decrease) from Operations: Net investment income - - - 6,393,261 6,393,261 Net realized gain (loss) from investments - - - 1,501,597 1,501,597 Income tax (provision) benefit from realized gain on investments - - - (448,883 ) (448,883 ) Realized losses on extinguishment of debt (1,552,140 ) (1,552,140 ) Net change in unrealized appreciation (depreciation) on investments - - - 3,376,540 3,376,540 Net change in provision for deferred taxes on unrealized (appreciation) depreciation on investments - - - (1,328,711 ) (1,328,711 ) Decrease from Shareholder Distributions: Distributions of investment income – net - - - (4,910,394 ) (4,910,394 ) Capital Share Transactions: Proceeds from issuance of common stock 5,441 6 157,034 - 157,040 Stock dividend distribution 33,099 33 828,479 - 828,512 Repurchases of common stock (9,623 ) (10 ) (248,713 ) - (248,723 ) Repurchase fees - - (192 ) - (192 ) Offering costs - - (817 ) - (817 ) Balance at August 31, 2021 11,188,912 $ 11,189 $ 305,520,631 $ 18,580,025 $ 324,111,845 Capital Total Common Stock in Excess Distributable Shares Amount of Par Value Earnings (Loss) Net Assets Increase (Decrease) from Operations: Net investment income - - - 5,196,635 5,196,635 Net realized gain (loss) from investments - - - 9,916,925 9,916,925 Income tax (provision) benefit from realized gain on investments - - - (2,447,173 ) (2,447,173 ) Realized losses on extinguishment of debt (764,123 ) (764,123 ) Net change in unrealized appreciation (depreciation) on investments - - - (6,042,616 ) (6,042,616 ) Net change in provision for deferred taxes on unrealized (appreciation) depreciation on investments - - - 2,480,465 2,480,465 Decrease from Shareholder Distributions: Distributions of investment income – net - - - (5,889,329 ) (5,889,329 ) Capital Share Transactions: Proceeds from issuance of common stock 520,076 520 15,163,259 - 15,163,779 Stock dividend distribution 38,016 38 1,017,625 - 1,017,663 Repurchases of common stock - - - - - Repurchase fees - - - - Offering costs - - (142,326 ) - (142,326 ) Balance at November 30, 2021 11,747,004 $ 11,747 $ 321,559,189 $ 21,030,809 $ 342,601,745 Increase (Decrease) from Operations: Net investment income 5,796,910 5,796,910 Net realized gain (loss) from investments 69,664 69,664 Income tax (provision) benefit from realized gain on investments 9,612 9,612 Realized losses on extinguishment of debt (118,147 ) (118,147 ) Net change in unrealized appreciation (depreciation) on investments 2,873,561 2,873,561 Net change in provision for deferred taxes on unrealized (appreciation) depreciation on investments (226,702 ) (226,702 ) Decrease from Shareholder Distributions: Distributions of investment income – net (6,434,106 ) (6,434,106 ) Capital Share Transactions: Proceeds from issuance of common stock 392,826 392 11,513,992 11,514,383 Stock dividend distribution 41,520 42 1,114,886 1,114,929 Repurchases of common stock (50,000 ) (50 ) (1,292,843 ) (1,292,893 ) Repurchase fees (1,000 ) (1,000 ) Offering costs (127,433 ) (127,433 ) Tax reclassification of stockholders’ equity in accordance with generally accepted accounting principles (4,704,545 ) 4,704,545 Balance at February 28, 2022 12,131,350 $ 12,131 $ 328,062,246 $ 27,706,146 $ 355,780,523 Balance at February 28, 2018 6,257,029 $ 6,257 $ 188,975,590 $ (45,290,480 ) $ 143,691,367 Cumulative effect of the adoption of ASC 606 (Note 2) - - - (65,300 ) (65,300 ) Balance at March 1, 2018 6,257,029 6,257 188,975,590 (45,355,780 ) 143,626,067 Increase (Decrease) from Operations: Net investment income - - - 3,927,648 3,927,648 Net realized gain (loss) from investments - - - 212,008 212,008 Net change in unrealized appreciation (depreciation) on investments - - - 643,205 643,205 Net change in provision for deferred taxes on unrealized (appreciation) depreciation on investments - - - (940,546 ) (940,546 ) Decrease from Shareholder Distributions: Distributions of investment income – net - - - (3,128,513 ) (3,128,513 ) Capital Share Transactions: Proceeds from issuance of common stock - - - - - Stock dividend distribution 25,355 25 504,853 - 504,878 Repurchases of common stock - - - - - Offering costs - - - - - Balance at May 31, 2018 6,282,384 6,282 189,480,443 (44,641,978 ) 144,844,747 For the Year Ended February 28, 2019 Capital Total Common Stock in Excess Distributable Shares Amount of Par Value Earnings (Loss) Net Assets Increase (Decrease) from Operations: Net investment income - - - 5,144,228 5,144,228 Net realized gain (loss) from investments - - - 163 163 Net change in unrealized appreciation (depreciation) on investments - - - (2,154,521 ) (2,154,521 ) Net change in provision for deferred taxes on unrealized (appreciation) depreciation on investments - - - 152,546 152,546 Decrease from Shareholder Distributions: Distributions of investment income – net - - - (3,204,014 ) (3,204,014 ) Capital Share Transactions: Proceeds from issuance of common stock 1,150,000 1,150 28,748,850 - 28,750,000 Stock dividend distribution 21,563 22 511,523 - 511,545 Repurchases of common stock - - - - - Offering costs - - (1,386,667 ) - (1,386,667 ) Balance at August 31, 2018 7,453,947 7,454 217,354,149 (44,703,576 ) 172,658,027 Increase (Decrease) from Operations: Net investment income - - - 5,138,941 5,138,941 Net realized gain (loss) from investments - - - (67,164 ) (67,164 ) Net change in unrealized appreciation (depreciation) on investments - - - (1,031,113 ) (1,031,113 ) Net change in provision for deferred taxes on unrealized (appreciation) depreciation on investments - - - (371,581 ) (371,581 ) Decrease from Shareholder Distributions: Distributions of investment income – net - - - (3,876,050 ) (3,876,050 ) Capital Share Transactions: Proceeds from issuance of common stock 10,373 10 241,228 - 241,238 Stock dividend distribution 25,863 26 578,057 - 578,083 Repurchases of common stock - - - - - Offering costs - - (1,290 ) - (1,290 ) Balance at November 30, 2018 7,490,183 7,490 218,172,144 (44,910,543 ) 173,269,091 Increase (Decrease) from Operations: Net investment income - - - 4,091,392 4,091,392 Net realized gain (loss) from investments - - - 4,729,298 4,729,298 Net change in unrealized appreciation (depreciation) on investments - - - (357,880 ) (357,880 ) Net change in provision for deferred taxes on unrealized (appreciation) depreciation on investments - - - (607,254 ) (607,254 ) Decrease from Shareholder Distributions: Distributions of investment income – net - - - (3,980,011 ) (3,980,011 ) Capital Share Transactions: Proceeds from issuance of common stock 136,176 136 3,158,783 - 3,158,919 Stock dividend distribution 30,797 31 581,356 - 581,387 Repurchases of common stock - - - - - Offering costs - - (9,755 ) - (9,755 ) Tax reclassification of stockholders’ equity in accordance with generally accepted accounting principles - - (18,349,728 ) 18,349,728 - Balance at February 28, 2019 7,657,156 $ 7,657 $ 203,552,800 $ (22,685,270 ) $ 180,875,187

Earnings Per Share (Tables)

Earnings Per Share (Tables)	6 Months Ended
	Aug. 31, 2022
Earnings Per Share [Abstract]
Schedule of weighted average basic and diluted net increase (decrease) in net assets	For the three months ended For the six months ended Basic and Diluted August 31, August 31, August 31, August 31, Net increase (decrease) in net assets resulting from operations $ 948 $ 7,942 $ (539 ) $ 28,990 Weighted average common shares outstanding 11,963,276 11,175,436 12,037,855 11,172,787 Weighted average earnings (loss) per common share $ 0.08 $ 0.71 $ (0.04 ) $ 2.59

Dividend (Tables)

Dividend (Tables)	6 Months Ended
	Aug. 31, 2022
Dividend [Abstract]
Schedule of dividends declared	Date Declared Record Date Payment Date Amount Total Amount* August 29, 2022 September 14, 2022 September 29, 2022 $ 0.54 $ 6,433 May 26, 2022 June 14, 2022 June 29, 2022 0.53 6,370 Total dividends declared $ 1.07 $ 6,370 Date Declared Record Date Payment Date Amount Total Amount* May 27, 2021 June 15, 2021 May 29, 2021 $ 0.44 $ 4,910 March 22, 2021 April 8, 2021 April 22, 2021 0.43 4,799 Total dividends declared $ 0.87 $ 9,709

Financial Highlights (Tables)

Financial Highlights (Tables)	6 Months Ended
	Aug. 31, 2022
Investment Company, Financial Highlights [Abstract]
Schedule of financial highlights	Per share data August 31, August 31, Net asset value at beginning of period $ 29.33 $ 27.25 Net investment income(1) 1.30 0.80 Net realized and unrealized gain and losses on investments(1) (1.25 ) 1.93 Realized losses on extinguishment of debt (0.10 ) (0.14 ) Net increase in net assets resulting from operations (0.05 ) 2.59 Distributions declared from net investment income (1.06 ) (0.87 ) Total distributions to stockholders (1.06 ) (0.87 ) Issuance of common stock above net asset value (2) - - Repurchases of common stock(3) 0.10 0.01 Dilution(4) (0.05 ) (0.01 ) Net asset value at end of period $ 28.27 $ 28.97 Net assets at end of period $ 337,213,275 $ 324,111,845 Shares outstanding at end of period 11,927,238 11,188,912 Per share market value at end of period $ 24.28 $ 28.70 Total return based on market value(5)(6) (7.67 )% 28.72 % Total return based on net asset value(5)(7) 0.69 % 10.02 % Ratio/Supplemental data: Ratio of net investment income to average net assets(8) 8.61 % 7.88 % Expenses: Ratios of Operating Expenses and Income Taxes to average net assets*(9) 6.68 % 5.83 % Ratio of incentive management fees to average net assets(5) (0.38 )% 2.30 % Ratio of interest and debt financing expenses to average net assets(9) 8.47 % 5.97 % Ratio of total expenses and income taxes to average net assets*(8) 14.77 % 14.10 % Portfolio turnover rate(5)(10) 11.83 % 23.67 % Asset coverage ratio per unit(11) 1,842 2,361 Average market value per unit Revolving Credit Facility(12) N/A N/A SBA Debentures Payable(12) N/A N/A 6.25% Notes Payable 2025(13) N/A $ 25.44 7.25% Notes Payable 2025(14) N/A $ 26.45 7.75% Notes Payable 2025(12) N/A N/A 4.375% Notes Payable(12) N/A N/A 6.25% Notes Payable 2027(12) N/A N/A 6.00% Notes Payable 2027 $ 24.53 N/A * Certain prior period amounts have been reclassified to conform to current period presentation. (1) Per share amounts are calculated using the weighted average shares outstanding during the period. (2) The continuous issuance of common stock may cause an incremental increase in net asset value per share due to the sale of shares at the then prevailing public offering price and the receipt of net proceeds per share by the Company in excess of net asset value per share on each subscription closing date. The per share data was derived by computing (i) the sum of (A) the number of shares issued in connection with subscriptions and/or distribution reinvestment on each share transaction date multiplied by (B) the differences between the net proceeds per share and the net asset value per share on each share transaction date, divided by (ii) the total shares outstanding during the period. (3) Represents the anti-dilutive impact on the net asset value per share (“NAV”) of the Company due to the repurchase of common shares. See Note 11, Stockholders’ Equity. (4) Represents the dilutive effect of issuing common stock below net asset value per share during the period in connection with the satisfaction of the Company’s annual RIC distribution requirement and may include the impact of the different share amounts used for different items (weighted average basic common shares outstanding for the corresponding year and actual common shares outstanding at the end of the year) in the per common share data calculation and rounding impacts. See Note 13, Dividend. (5) Ratios are not annualized. (6) Total investment return is calculated assuming a purchase of common shares at the current market value on the first day and a sale at the current market value on the last day of the periods reported. Dividends and distributions, if any, are assumed for purposes of this calculation to be reinvested at prices obtained under the Company’s DRIP. Total investment return does not reflect brokerage commissions. (7) Total investment return is calculated assuming a purchase of common shares at the current net asset value on the first day and a sale at the current net asset value on the last day of the periods reported. Dividends and distributions, if any, are assumed for purposes of this calculation to be reinvested at prices obtained under the Company’s DRIP. Total investment return does not reflect brokerage commissions. (8) Ratios are annualized. Incentive management fees included within the ratio are not annualized. (9) Ratios are annualized. (10) Portfolio turnover rate is calculated using the lesser of year-to-date sales or year-to-date purchases over the average of the invested assets at fair value. (11) Asset coverage ratio per unit is the ratio of the carrying value of our total consolidated assets, less all liabilities and indebtedness not represented by senior securities, to the aggregate amount of senior securities representing indebtedness. Asset coverage ratio per unit is expressed in terms of dollar amounts per $1,000 of indebtedness. Asset coverage ratio per unit does not include unfunded commitments. The inclusion of unfunded commitments in the calculation of the asset coverage ratio per unit would not cause us to be below the required amount of regulatory coverage. (12) The Revolving Credit Facility, SBA Debentures, 7.75% Notes Payable 2025, 4.375% Notes Payable and 6.25% Notes Payable are not registered for public trading. (13) On August 31, 2021, the Company redeemed $60.0 million in aggregate principal amount of the issued and outstanding 6.25% 2025 Notes and, as a result of the full redemption, the 6.25% 2025 Notes are no longer listed on the NYSE. (14) On July 14, 2022, the Company redeemed $43.1 million in aggregate principal amount of the $43.1 million in aggregate principal amount of issued and outstanding 7.25% 2025 Notes and are no longer listed on the NYSE.

Organization (Details)

Organization (Details) - USD ($)	6 Months Ended
	Aug. 31, 2022	Feb. 28, 2022	Aug. 14, 2019
Organization (Details) [Line Items]
Credit facility	$ 25,000,000	$ 12,500,000
London Interbank Offered Rate (LIBOR) [Member]
Organization (Details) [Line Items]
Floating rate, percentage	4%
LIBOR floor, percentage	0.75%
SBA Debentures [Member]
Organization (Details) [Line Items]
Notes Payable			$ 175,000,000
Encina Lender Finance, LLC [Member]
Organization (Details) [Line Items]
Credit facility	$ 50,000,000
Maximum Loan Increasable Amount	75,000,000
Credit facility minimum drawn amount	$ 25,000,000
Loan Increasable Percentage	50%
Encina Lender Finance, LLC [Member]
Organization (Details) [Line Items]
Initial minimum amount drawn to increase loan facility	$ 12,500,000

Summary of Significant Accoun_3

Summary of Significant Accounting Policies (Details) $ in Millions	6 Months Ended
	Aug. 31, 2022 USD ($)
Summary of Significant Accounting Policies (Details) [Line Items]
Aggregate value of total assets, percentage	5%
Non-accrual status with fair value (in Dollars)	$ 9.7
Non-accrual status with fair value, percentage	1%
Minimum distribute percent to qualify RIC	90%
Nondeductible U.S. federal excise tax	4%
Minimum ordinary income net percentage of distribute	98%
Minimum capital gain income net percentage of distribute	98.20%
Percentage of federal excise tax on income	4%
Aggregate declared distribution, percentage	20%
Cash declared distribution, percentage	20%
SLF JV [Member]
Summary of Significant Accounting Policies (Details) [Line Items]
Percentage of voting interest	50%
Cash and Cash Equivalents [Member]
Summary of Significant Accounting Policies (Details) [Line Items]
Investment owned outstanding voting shares percentage	3%
Investment Companies [Member]
Summary of Significant Accounting Policies (Details) [Line Items]
Aggregate value of total assets, percentage	10%
Control investments [Member]
Summary of Significant Accounting Policies (Details) [Line Items]
Investment owned outstanding voting shares percentage	25%
Investment owned board representation percentage	50%
Affiliated Investments [Member] | Minimum [Member]
Summary of Significant Accounting Policies (Details) [Line Items]
Investment owned outstanding voting shares percentage	5%
Affiliated Investments [Member] | Maximum [Member]
Summary of Significant Accounting Policies (Details) [Line Items]
Investment owned outstanding voting shares percentage	25%

Summary of Significant Accoun_4

Summary of Significant Accounting Policies (Details) - Schedule of reconciliation of cash and cash equivalents and cash and cash equivalents - USD ($)	Aug. 31, 2022	Feb. 28, 2022	Aug. 31, 2021	Feb. 28, 2021
Schedule of reconciliation of cash and cash equivalents and cash and cash equivalents [Abstract]
Cash and cash equivalents	$ 3,068,165	$ 47,257,801	$ 60,268,602
Cash and cash equivalents, reserve accounts	9,579,226	5,612,541	13,040,805
Total cash and cash equivalents and cash and cash equivalents, reserve accounts	$ 12,647,391	$ 52,870,342	$ 73,309,407	$ 29,915,074

Investments (Details)

Investments (Details) - USD ($)			1 Months Ended	3 Months Ended		6 Months Ended		12 Months Ended
	Aug. 11, 2021	Dec. 14, 2018	Feb. 26, 2021	Aug. 31, 2022	Aug. 31, 2021	Aug. 31, 2022	Aug. 31, 2021	Feb. 28, 2022	Aug. 09, 2021	Feb. 28, 2021	Dec. 31, 2018	Jan. 31, 2008
Investments (Details) [Line Items]
Description of valuation model rate						●Default rate: 2% ●Recovery rate: 35% -70%   ●Discount rate: 13% – 18%   ●Prepayment rate: 20%   ●Reinvestment rate / price: $97.00 for twelve months; then L+365bps / $99.00
Fair value investment, Percentage						5%
Cash contributions				$ 93,632,423		$ 93,632,423		$ 100,974,715
Aggregate fair value				775,408,041		775,408,041		668,358,516
Legal maturity date		January 2030
Additional an invested		$ 13,800,000	$ 14,000,000
Related transaction costs			2,600,000
Outstanding receivable					$ 2,600,000
Realized loss				7,943,838	1,501,595	8,106,347	$ 3,411,738
Percentage owned and managed	100%
Percentage of management fee	0.10%
Percentage subordinated management fee	0.40%
Percentage of excess cash flow	20%
Management fee income				817,024	814,622	1,632,988	1,632,854
Interest income						1,000,000	2,400,000
Investment principal balance				653,400,000		$ 653,400,000		$ 660,200,000
Weighted average spread percentage						3.70%		3.70%
Debt principal balance						$ 611,000,000		$ 611,000,000
Percentage of debt weighted average spread						2.20%		2.20%
Future cash flow amount						$ 23,400,000		$ 27,900,000
Discount rate						18%		15%
Total investment				776,527,328		$ 776,527,328		$ 654,965,044
Incentive fees				$ 1,700,000	1,700,000	$ 1,700,000	3,200,000
Maximum [Member]
Investments (Details) [Line Items]
Aggregate principal amount		500,000,000
Minimum [Member]
Investments (Details) [Line Items]
Aggregate principal amount		300,000,000
SOFR rate [Member]
Investments (Details) [Line Items]
Fixed interest rate				7%		7%
Investment description						Daily SOFR- The daily SOFR rate as of August 31, 2022 was 2.29%.1M SOFR - The 1 month SOFR rate as of August 31, 2022 was 2.28%.3M SOFR - The 3 month SOFR rate as of August 31, 2022 was 1.68%.		Daily SOFR- The daily SOFR rate as of February 28, 2022 was 0.05%.1M SOFR - The 1 month SOFR rate as of February 28, 2022 was 0.05%.3M SOFR - The 3 month SOFR rate as of February 28, 2022 was 0.04%.
LIBOR rate [Member]
Investments (Details) [Line Items]
Investment description						1M USD LIBOR—The 1 month USD LIBOR rate as of August 31, 2022 was 2.56%.3M USD LIBOR—The 3 month USD LIBOR rate as of August 31, 2022 was 3.08%.6M USD LIBOR—The 6 month USD LIBOR rate as of August 31, 2022 was 3.60%.12M USD LIBOR - The 12 month USD LIBOR rate as of August 31, 2022 was 4.16%.		1M USD LIBOR—The 1 month USD LIBOR rate as of February 28, 2022 was 0.23%.2M USD LIBOR—The 2 month USD LIBOR rate as of February 28, 2022 was 0.50%.3M USD LIBOR—The 3 month USD LIBOR rate as of February 28, 2022 was 0.51%.6M USD LIBOR—The 6 month USD LIBOR rate as of February 28, 2022 was 0.80%.12M USD LIBOR - The 12 month USD LIBOR rate as of February 28, 2022 was 1.28%.
WIBOR rate [Member]
Investments (Details) [Line Items]
Investment description						3 PL WIBOR - The 3 month PL WIBOR rate as of August 31, 2022 was 7.11%.		3 PL WIBOR - The 3 month PL WIBOR rate as of February 28, 2022 was 3.65%.
Prime Rate [Member]
Investments (Details) [Line Items]
Investment description						Prime—The Prime Rate as of August 31, 2022 was 5.50%.		Prime—The Prime Rate as of February 28, 2022 was 3.25%.
The Class F-R-2 [Member]
Investments (Details) [Line Items]
Aggregate principal amount		2,500,000	2,500,000
The Class G-R-2 [Member]
Investments (Details) [Line Items]
Aggregate principal amount		7,500,000	7,500,000
The Class F notes [Member]
Investments (Details) [Line Items]
Aggregate principal amount		4,500,000
The Class F-R-3 Notes [Member]
Investments (Details) [Line Items]
Aggregate fair value								$ 9,400,000
Aggregate principal amount			17,900,000
Notes exchanged									$ 17,900,000
The CLO 2013-1 [Member]
Investments (Details) [Line Items]
Aggregate principal amount			25,000,000
The Class F-1-R-3 Notes [Member]
Investments (Details) [Line Items]
Notes exchanged					9,400,000		$ 9,400,000		$ 8,500,000
Realized loss	$ 100,000
The subordinated notes [Member]
Investments (Details) [Line Items]
Aggregate fair value								28,700,000
Aggregate principal amount				$ 111,000,000		$ 111,000,000
Management fee income				800,000	800,000
Interest income				400,000	$ 1,300,000
Corresponding fair value						23,400,000
The Class F-2-R-3 Notes [Member]
Investments (Details) [Line Items]
Aggregate principal amount				9,400,000		9,400,000
Corresponding fair value						8,900,000
TJHA [Member]
Investments (Details) [Line Items]
Cash contributions				6,250,000		6,250,000
Unsecured note				14,100,000		14,100,000
Membership interest						2,000,000
Saratoga Investment Corp [Member]
Investments (Details) [Line Items]
Unsecured note				$ 14,100,000		$ 14,100,000
TJHA [Member] | Maximum [Member]
Investments (Details) [Line Items]
Ownership percentage				87.50%		87.50%
TJHA [Member] | Minimum [Member]
Investments (Details) [Line Items]
Ownership percentage				12.50%		12.50%
SLF JV [Member]
Investments (Details) [Line Items]
Ownership percentage				50%		50%
SLF JV [Member] | Saratoga Investment Corp [Member]
Investments (Details) [Line Items]
Unsecured note				$ 2,000,000		$ 2,000,000
Voting Interest in SLF JV [Member]
Investments (Details) [Line Items]
Ownership percentage				50%		50%
Saratoga CLO [Member] | Maximum [Member]
Investments (Details) [Line Items]
Cash contributions		500,000,000	650,000,000
Saratoga CLO [Member] | Minimum [Member]
Investments (Details) [Line Items]
Cash contributions		$ 300,000,000	$ 500,000,000
CLO [Member]
Investments (Details) [Line Items]
Management fee income						$ 31,500,000
Total investment				$ 57,800,000		57,800,000				$ 14,000,000	$ 13,800,000	$ 30,000,000
Received distributions						76,100,000
Incentive fees						1,200,000
3M USD LIBOR plus [Member] | Maximum [Member]
Investments (Details) [Line Items]
Investment interest rate		10%
3M USD LIBOR plus [Member] | Minimum [Member]
Investments (Details) [Line Items]
Investment interest rate		8.75%
SLF JV [Member]
Investments (Details) [Line Items]
Cash contributions				$ 50,000,000		$ 50,000,000
Fixed interest rate				10%		10%
Unsecured note				$ 14,100,000		$ 14,100,000		13,100,000
Interest income						0		90,000
Aggregate fair value				23,700,000		23,700,000
TJHA [Member]
Investments (Details) [Line Items]
Cash contributions				43,750,000		43,750,000
Interest Income [Member] | SLF JV [Member]
Investments (Details) [Line Items]
Interest income						700,000
Membership Interests [Member] | SLF JV [Member]
Investments (Details) [Line Items]
Cash contributions				$ 6,700,000		$ 6,700,000		$ 12,000,000

Investments (Details) - Schedul

Investments (Details) - Schedule of fair value measurements of investments, by major class - USD ($)		6 Months Ended	12 Months Ended
		Aug. 31, 2022	Feb. 28, 2022
Investments (Details) - Schedule of fair value measurements of investments, by major class [Line Items]
First lien term loans		$ 793,011,000	$ 631,572,000
Second lien term loans		23,662,000	44,386,000
Unsecured term loans		16,841,000	15,931,000
Structured finance securities		32,327,000	38,030,000
Equity interests		88,823,000	87,648,000
Total		954,663,668	817,567,355
Level 1 [Member]
Investments (Details) - Schedule of fair value measurements of investments, by major class [Line Items]
First lien term loans
Second lien term loans
Unsecured term loans
Structured finance securities
Equity interests
Total
Level 2 [Member]
Investments (Details) - Schedule of fair value measurements of investments, by major class [Line Items]
First lien term loans
Second lien term loans
Unsecured term loans
Structured finance securities
Equity interests
Total
Level 3 [Member]
Investments (Details) - Schedule of fair value measurements of investments, by major class [Line Items]
First lien term loans		793,011,000	631,572,000
Second lien term loans		23,662,000	44,386,000
Unsecured term loans		16,841,000	15,931,000
Structured finance securities		32,327,000	38,030,000
Equity interests		82,096,000	75,632,000
Total		947,937,000	805,551,000
Valued Using Net Asset Value [Member]
Investments (Details) - Schedule of fair value measurements of investments, by major class [Line Items]
First lien term loans	[1]
Second lien term loans	[1]
Unsecured term loans	[1]
Structured finance securities	[1]
Equity interests	[1]	6,727,000	12,016,000
Total	[1]	$ 6,727,000	$ 12,016,000
[1] The Company’s equity investment in SLF JV is measured using the proportionate share of the net asset value, or equivalent, as a practical expedient and thus has not been classified in the fair value hierarchy.

Investments (Details) - Sched_2

Investments (Details) - Schedule of reconciliation of beginning and ending balances for investments - USD ($) $ in Thousands	6 Months Ended
	Aug. 31, 2022	Aug. 31, 2021
Investments (Details) - Schedule of reconciliation of beginning and ending balances for investments [Line Items]
Beginning Balance	$ 805,551	$ 554,313
Payment-in-kind and other adjustments to cost	(1,595)	1,906
Net accretion of discount on investments	834	884
Net change in unrealized appreciation (depreciation) on investments	(16,355)	20,189
Purchases	256,567	235,181
Sales and repayments	(105,172)	(149,787)
Net realized gain (loss) from investments	8,107	3,411
Ending Balance	947,937	666,097
Net change in unrealized appreciation (depreciation)	(11,382)	21,469
First lien term loans [Member]
Investments (Details) - Schedule of reconciliation of beginning and ending balances for investments [Line Items]
Beginning Balance	631,572	440,456
Payment-in-kind and other adjustments to cost	160	389
Net accretion of discount on investments	851	874
Net change in unrealized appreciation (depreciation) on investments	(10,606)	285
Purchases	241,133	173,018
Sales and repayments	(70,262)	(121,429)
Net realized gain (loss) from investments	163
Ending Balance	793,011	493,593
Net change in unrealized appreciation (depreciation)	(10,543)	1,790
Second lien term loans [Member]
Investments (Details) - Schedule of reconciliation of beginning and ending balances for investments [Line Items]
Beginning Balance	44,386	24,930
Payment-in-kind and other adjustments to cost		30
Net accretion of discount on investments	(17)	10
Net change in unrealized appreciation (depreciation) on investments	(691)	73
Purchases	4,950	19,825
Sales and repayments	(24,966)
Net realized gain (loss) from investments
Ending Balance	23,662	44,868
Net change in unrealized appreciation (depreciation)	(881)	73
Unsecured term loans [Member]
Investments (Details) - Schedule of reconciliation of beginning and ending balances for investments [Line Items]
Beginning Balance	15,931	2,141
Payment-in-kind and other adjustments to cost		498
Net accretion of discount on investments
Net change in unrealized appreciation (depreciation) on investments	(37)	49
Purchases	947
Sales and repayments
Net realized gain (loss) from investments
Ending Balance	16,841	2,688
Net change in unrealized appreciation (depreciation)	(37)	49
Structured finance securities [Member]
Investments (Details) - Schedule of reconciliation of beginning and ending balances for investments [Line Items]
Beginning Balance	38,030	49,779
Payment-in-kind and other adjustments to cost	(2,160)	658
Net accretion of discount on investments
Net change in unrealized appreciation (depreciation) on investments	(3,543)	2,499
Purchases
Sales and repayments		(8,360)
Net realized gain (loss) from investments		(140)
Ending Balance	32,327	44,436
Net change in unrealized appreciation (depreciation)	(3,544)	2,952
Equity interests [Member]
Investments (Details) - Schedule of reconciliation of beginning and ending balances for investments [Line Items]
Beginning Balance	75,632	37,007
Payment-in-kind and other adjustments to cost	405	331
Net accretion of discount on investments
Net change in unrealized appreciation (depreciation) on investments	(1,478)	17,283
Purchases	9,537	42,338
Sales and repayments	(9,944)	(19,998)
Net realized gain (loss) from investments	7,944	3,551
Ending Balance	82,096	80,512
Net change in unrealized appreciation (depreciation)	$ 3,623	$ 16,605

Investments (Details) - Sched_3

Investments (Details) - Schedule of valuation techniques and significant unobservable inputs used in recurring Level 3 fair value measurements of assets - USD ($) $ in Thousands		6 Months Ended	12 Months Ended
		Aug. 31, 2022	Feb. 28, 2022
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Fair Value		$ 947,937	$ 805,551
First lien term loans [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Fair Value		$ 793,011	$ 631,572
Valuation Technique		Market Comparables	Market Comparables
Unobservable Input		Market Yield (%)	Market Yield (%)
Range		8.1% - 16.4%	6.0% - 11.3%
Weighted Average	[1]	10.7%	8.4%
First lien term loans 1 [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Unobservable Input		Revenue Multiples (x)	Revenue Multiples (x)
Range		3.0x - 8.0x	3.5x
Weighted Average	[1]	4.4	3.5
Second lien term loans [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Fair Value		$ 23,662	$ 44,386
Valuation Technique		Market Comparables	Market Comparables
Unobservable Input		Market Yield (%)	Market Yield (%)
Range		10.0% - 46.5%	8.9% - 32.9%
Weighted Average	[1]	26.1%	15.6%
Unsecured term loans [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Fair Value		$ 16,841	$ 15,931
Valuation Technique		Market Comparables	Market Comparables
Unobservable Input		Market Yield (%)	Market Yield (%)
Range		10.0% - 25.5%	22.3%
Weighted Average	[1]	12.6%	22.3%
Unsecured term loans 1 [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Valuation Technique		Collateral Value Coverage
Unobservable Input		Net Asset Value	Net Asset Value
Range		100.0%	100.0%
Weighted Average	[1]	100.0%	100.0%
Structured finance securities [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Fair Value		$ 32,327	$ 38,030
Valuation Technique		Discounted Cash Flow	Discounted Cash Flow
Unobservable Input		Discount Rate (%)	Discount Rate (%)
Range		13.0% - 18.0%	10.0% - 15.0%
Weighted Average	[1]	16.7%	14.2%
Structured finance securities 1 [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Unobservable Input		Recovery Rate (%)	Recovery Rate (%)
Range		35% - 70%	35.0% - 70.0%
Weighted Average	[1]	70.0%	70.0%
Structured finance securities 2 [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Unobservable Input		Prepayment Rate (%)	Prepayment Rate (%)
Range		20.0%	20.0%
Weighted Average	[1]	20.0%	20.0%
Equity interests [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Fair Value		$ 82,096	$ 75,632
Valuation Technique		Enterprise Value Waterfall	Enterprise Value Waterfall
Unobservable Input		EBITDA Multiples (x)	EBITDA Multiples (x)
Range		4.0x - 28.6x	4.0x - 14.0x
Weighted Average	[1]	9.9	9.7
Equity interests 1 [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Unobservable Input		Revenue Multiples (x)	Revenue Multiples (x)
Range		1.0x - 11.7x	0.5x - 38.3x
Weighted Average	[1]	6.1	4.6
Second lien term loans 1 [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Unobservable Input			EBITDA Multiples (x)
Range			7.5x
Weighted Average	[1]		7.5
Equity interests 2 [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Unobservable Input			Third-party bid
Range			100.0%
Weighted Average	[1]		100.0%
[1]The weighted average in the table above is calculated based on each investment’s fair value weighting, using the applicable unobservable input.

Investments (Details) - Sched_4

Investments (Details) - Schedule of investments at amortized cost and fair value - USD ($) $ in Thousands	Aug. 31, 2022	Feb. 28, 2022
Servicing Asset at Amortized Cost [Line Items]
Investments at Amortized Cost	$ 955,937	$ 796,248
Amortized Cost Percentage of Total Portfolio	100%	100%
Investments at Fair Value	$ 954,664	$ 817,567
Fair Value Percentage of Total Portfolio	100%	100%
First lien Term Loans [Member]
Servicing Asset at Amortized Cost [Line Items]
Investments at Amortized Cost	$ 803,082	$ 631,037
Amortized Cost Percentage of Total Portfolio	84%	79.30%
Investments at Fair Value	$ 793,011	$ 631,572
Fair Value Percentage of Total Portfolio	83%	77.30%
Second Lien Term Loans [Member]
Servicing Asset at Amortized Cost [Line Items]
Investments at Amortized Cost	$ 29,829	$ 49,862
Amortized Cost Percentage of Total Portfolio	3.10%	6.30%
Investments at Fair Value	$ 23,662	$ 44,386
Fair Value Percentage of Total Portfolio	2.50%	5.40%
Unsecured term loans [Member]
Servicing Asset at Amortized Cost [Line Items]
Investments at Amortized Cost	$ 17,051	$ 16,104
Amortized Cost Percentage of Total Portfolio	1.80%	2%
Investments at Fair Value	$ 16,841	$ 15,931
Fair Value Percentage of Total Portfolio	1.80%	1.90%
Structured Finance Securities [Member]
Servicing Asset at Amortized Cost [Line Items]
Investments at Amortized Cost	$ 39,489	$ 41,648
Amortized Cost Percentage of Total Portfolio	4.10%	5.20%
Investments at Fair Value	$ 32,327	$ 38,030
Fair Value Percentage of Total Portfolio	3.40%	4.70%
Equity Interests [Member]
Servicing Asset at Amortized Cost [Line Items]
Investments at Amortized Cost	$ 66,486	$ 57,597
Amortized Cost Percentage of Total Portfolio	7%	7.20%
Investments at Fair Value	$ 88,823	$ 87,648
Fair Value Percentage of Total Portfolio	9.30%	10.70%

Investment in Saratoga CLO (Det

Investment in Saratoga CLO (Details) - Schedule of financial information from the separate financial statements - Saratoga CLO [Member] - USD ($)	Aug. 31, 2022	Feb. 28, 2022
Investments at fair value
Loans at fair value (amortized cost of $644,334,357 and $653,022,265, respectively)	$ 604,030,601	$ 638,929,660
Equities at fair value (amortized cost of $0 and $0, respectively)		33,690
Total investments at fair value (amortized cost of $644,334,357 and $653,022,265, respectively)	604,030,601	638,963,350
Cash and cash equivalents	11,877,748	6,171,793
Receivable from open trades	4,213,956	9,152,660
Interest receivable (net of reserve of $261,203 and $0, respectively)	2,794,158	2,062,856
Due from affiliate (See Note 7)	25,209
Prepaid expenses and other assets	56,209	100,067
Total assets	622,997,881	656,450,726
LIABILITIES
Interest payable	3,521,003	1,659,776
Payable from open trades	9,263,750	18,794,627
Accrued base management fee	72,710	72,510
Accrued subordinated management fee	290,841	290,040
Accounts payable and accrued expenses	135,556	58,716
Saratoga Investment Corp. CLO 2013-1, Ltd. Notes:
Total liabilities	688,283,020	693,648,209
Commitments and contingencies
NET ASSETS
Ordinary equity, par value $1.00, 250 ordinary shares authorized, 250 and 250 common shares issued and outstanding, respectively	250	250
Total distributable earnings (loss)	(65,285,389)	(37,197,733)
Total net assets	(65,285,139)	(37,197,483)
Total liabilities and net assets	622,997,881	656,450,726
Class A-1-R-3 Senior Secured Floating Rate Notes [Member]
Saratoga Investment Corp. CLO 2013-1, Ltd. Notes:
Senior notes current	357,500,000	357,500,000
Class A-2-R-3 Senior Secured Floating Rate Notes [Member]
Saratoga Investment Corp. CLO 2013-1, Ltd. Notes:
Senior notes current	65,000,000	65,000,000
Class B-FL-R-3 Senior Secured Floating Rate Notes [Member]
Saratoga Investment Corp. CLO 2013-1, Ltd. Notes:
Senior notes current	60,500,000	60,500,000
Class B-FXD-R-3 Senior Secured Fixed Rate Notes [Member]
Saratoga Investment Corp. CLO 2013-1, Ltd. Notes:
Senior notes current	11,000,000	11,000,000
Class C-FL-R-3 Deferrable Mezzanine Floating Rate Notes [Member]
Saratoga Investment Corp. CLO 2013-1, Ltd. Notes:
Senior notes current	26,000,000	26,000,000
Class C-FXD-R-3 Deferrable Mezzanine Fixed Rate Notes [Member]
Saratoga Investment Corp. CLO 2013-1, Ltd. Notes:
Senior notes current	6,500,000	6,500,000
Class D-R-3 Deferrable Mezzanine Floating Rate Notes [Member]
Saratoga Investment Corp. CLO 2013-1, Ltd. Notes:
Senior notes current	39,000,000	39,000,000
Discount on Class D-R-3 Notes [Member]
Saratoga Investment Corp. CLO 2013-1, Ltd. Notes:
Senior notes current	(256,168)	(268,301)
Class E-R-3 Deferrable Mezzanine Floating Rate Notes [Member]
Saratoga Investment Corp. CLO 2013-1, Ltd. Notes:
Senior notes current	27,625,000	27,625,000
Discount on Class E-R-3 Notes [Member]
Saratoga Investment Corp. CLO 2013-1, Ltd. Notes:
Discount on Subordinated Notes	(2,661,304)	(2,787,348)
Class F-1-R-3 Notes Deferrable Junior Floating Rate Notes [Member]
Saratoga Investment Corp. CLO 2013-1, Ltd. Notes:
Deferrable Junior Floating Rate Notes	8,500,000	8,500,000
Class F-2-R-3 Notes Deferrable Junior Floating Rate Notes [Member]
Saratoga Investment Corp. CLO 2013-1, Ltd. Notes:
Deferrable Junior Floating Rate Notes	9,375,000	9,375,000
Deferred debt financing costs [Member]
Saratoga Investment Corp. CLO 2013-1, Ltd. Notes:
Deferred debt financing costs	(1,992,002)	(2,086,928)
Subordinated Notes [Member]
Saratoga Investment Corp. CLO 2013-1, Ltd. Notes:
Subordinated Notes	111,000,000	111,000,000
Discount on Subordinated Notes [Member]
Saratoga Investment Corp. CLO 2013-1, Ltd. Notes:
Discount on Subordinated Notes	$ (42,091,366)	$ (44,084,883)

Investment in Saratoga CLO (D_2

Investment in Saratoga CLO (Details) - Schedule of financial information from the separate financial statements (Parentheticals) - Saratoga CLO [Member] - USD ($)	Aug. 31, 2022	Feb. 28, 2022
Investment in Saratoga CLO (Details) - Schedule of financial information from the separate financial statements (Parentheticals) [Line Items]
Loans at fair value of amortized cost	$ 644,334,357	$ 653,022,265
Equities at fair value of amortized cost	0	0
Total investments at fair value amortized cost	644,334,357	653,022,265
Net reserve of interest receivable	$ 261,203	$ 0
Ordinary equity, par value (in Dollars per share)	$ 1	$ 1
Ordinary equity, shares authorized (in Shares)	250	250
Ordinary equity, common shares issued (in Shares)	250	250
Ordinary equity, common shares outstanding (in Shares)	250	250

Investment in Saratoga CLO (D_3

Investment in Saratoga CLO (Details) - Schedule of statements of operations - Saratoga CLO [Member] - USD ($)	3 Months Ended		6 Months Ended
	Aug. 31, 2022	Aug. 31, 2021	Aug. 31, 2022	Aug. 31, 2021
INVESTMENT INCOME
Total interest from investments	$ 9,176,167	$ 7,866,198	$ 17,321,614	$ 15,613,938
Interest from cash and cash equivalents	6,105	119	6,105	691
Other income	12,108	200,320	115,604	517,377
Total investment income	9,194,380	8,066,637	17,443,323	16,132,006
EXPENSES
Interest and debt financing expenses	8,577,449	5,569,557	16,109,813	10,405,734
Base management fee	163,405	162,925	326,598	326,571
Subordinated management fee	653,619	651,697	1,306,390	1,306,283
Professional fees	129,229	109,691	210,393	145,357
Trustee expenses	64,742	121,329	132,828	121,329
Other expense	113,216	54,156	151,305	113,939
Total expenses	9,701,660	6,669,355	18,237,327	12,419,213
NET INVESTMENT INCOME (LOSS)	(507,280)	1,397,282	(794,004)	3,712,793
REALIZED AND UNREALIZED LOSS ON INVESTMENTS
Net realized gain (loss) from investments	(1,144,858)	175,669	(1,067,201)	(389,425)
Net change in unrealized appreciation (depreciation) on investments	(1,544,463)	(662,095)	(26,226,451)	(1,143,192)
Net realized and unrealized gain (loss) on investments	(2,689,321)	(486,426)	(27,293,652)	(1,532,617)
NET INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS	$ (3,196,601)	$ 910,856	$ (28,087,656)	$ 2,180,176

Investment in Saratoga CLO (D_4

Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents - August 31, 2022 [Member]	6 Months Ended
	Aug. 31, 2022 USD ($) shares
19TH HOLDINGS GOLF, LLC [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Consumer goods: Durable
Asset Name	Term Loan
Asset Type	Loan
Reference Rate	1M USD SOFR+
Reference Spread	3%
LIBOR Floor	0.50%
Current Rate (All In)	5.39%
Maturity Date	Feb. 07, 2029
Principal/ Number of Shares | shares	500,000
Cost	$ 497,718
Fair Value	$ 465,000
888 Acquisitions Limited [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Hotel, Gaming & Leisure
Asset Name	Term Loan B
Asset Type	Loan
Reference Rate	6M USD SOFR+
Reference Spread	5.25%
LIBOR Floor	0%
Current Rate (All In)	8.28%
Maturity Date	Jul. 08, 2028
Principal/ Number of Shares | shares	2,000,000
Cost	$ 1,702,661
Fair Value	$ 1,723,340
ADMI Corp. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Healthcare & Pharmaceuticals
Asset Name	Term Loan B
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	2.75%
LIBOR Floor	0%
Current Rate (All In)	5.27%
Maturity Date	Apr. 30, 2025
Principal/ Number of Shares | shares	1,920,276
Cost	$ 1,916,024
Fair Value	$ 1,803,734
Adtalem Global Education Inc. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Services: Business
Asset Name	Term Loan B (02/21)
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	4%
LIBOR Floor	0.75%
Current Rate (All In)	6.37%
Maturity Date	Aug. 11, 2028
Principal/ Number of Shares | shares	1,033,969
Cost	$ 1,025,096
Fair Value	$ 1,022,336
Aegis Sciences Corporation [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Healthcare & Pharmaceuticals
Asset Name	Term Loan
Asset Type	Loan
Reference Rate	3M USD LIBOR+
Reference Spread	5.50%
LIBOR Floor	1%
Current Rate (All In)	8.41%
Maturity Date	May 09, 2025
Principal/ Number of Shares | shares	2,441,552
Cost	$ 2,431,668
Fair Value	$ 2,370,747
Agiliti Health Inc. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Healthcare & Pharmaceuticals
Asset Name	Term Loan (1/19)
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	2.75%
LIBOR Floor	0%
Current Rate (All In)	5.13%
Maturity Date	Jan. 04, 2026
Principal/ Number of Shares | shares	1,476,058
Cost	$ 1,470,109
Fair Value	$ 1,439,156
Agiliti Health Inc. One [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Healthcare & Pharmaceuticals
Asset Name	Term Loan (09/20)
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	2.75%
LIBOR Floor	0.75%
Current Rate (All In)	5.13%
Maturity Date	Jan. 04, 2026
Principal/ Number of Shares | shares	214,286
Cost	$ 212,857
Fair Value	$ 208,929
AHEAD DB Holdings, LLC [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Services: Business
Asset Name	Term Loan (04/21)
Asset Type	Loan
Reference Rate	3M USD LIBOR+
Reference Spread	3.75%
LIBOR Floor	0.75%
Current Rate (All In)	6.01%
Maturity Date	Oct. 18, 2027
Principal/ Number of Shares | shares	2,970,000
Cost	$ 2,878,591
Fair Value	$ 2,891,295
AI Convoy (Luxembourg) S.a.r.l. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Aerospace & Defense
Asset Name	Term Loan B (USD)
Asset Type	Loan
Reference Rate	6M USD LIBOR+
Reference Spread	3.50%
LIBOR Floor	1%
Current Rate (All In)	5.05%
Maturity Date	Jan. 18, 2027
Principal/ Number of Shares | shares	1,462,072
Cost	$ 1,457,624
Fair Value	$ 1,430,477
Air Canada [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Transportation: Consumer
Asset Name	Term Loan B (07/21)
Asset Type	Loan
Reference Rate	3M USD LIBOR+
Reference Spread	3.50%
LIBOR Floor	0.75%
Current Rate (All In)	6.42%
Maturity Date	Aug. 11, 2028
Principal/ Number of Shares | shares	2,000,000
Cost	$ 1,851,463
Fair Value	$ 1,930,360
AIS HoldCo, LLC [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Services: Business
Asset Name	Term Loan
Asset Type	Loan
Reference Rate	3M USD LIBOR+
Reference Spread	5%
LIBOR Floor	0%
Current Rate (All In)	7.81%
Maturity Date	Aug. 15, 2025
Principal/ Number of Shares | shares	4,789,642
Cost	$ 4,686,035
Fair Value	$ 4,622,004
Alchemy Copyrights, LLC [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Media: Diversified & Production
Asset Name	Term Loan B
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	3%
LIBOR Floor	0.50%
Current Rate (All In)	5.37%
Maturity Date	Mar. 10, 2028
Principal/ Number of Shares | shares	491,269
Cost	$ 488,557
Fair Value	$ 483,900
Alchemy US Holdco 1, LLC [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Metals & Mining
Asset Name	Term Loan
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	5.50%
LIBOR Floor	0%
Current Rate (All In)	5.60%
Maturity Date	Oct. 10, 2025
Principal/ Number of Shares | shares	1,654,803
Cost	$ 1,642,240
Fair Value	$ 1,582,819
AlixPartners, LLP [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Banking, Finance, Insurance & Real Estate
Asset Name	Term Loan B (01/21)
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	2.75%
LIBOR Floor	0.50%
Current Rate (All In)	5.27%
Maturity Date	Feb. 04, 2028
Principal/ Number of Shares | shares	246,875
Cost	$ 246,389
Fair Value	$ 240,878
Alkermes, Inc. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Healthcare & Pharmaceuticals
Asset Name	Term Loan B (3/21)
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	2.50%
LIBOR Floor	0.50%
Current Rate (All In)	4.88%
Maturity Date	Mar. 12, 2026
Principal/ Number of Shares | shares	2,137,039
Cost	$ 2,121,720
Fair Value	$ 2,046,214
Allen Media, LLC [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Media: Diversified & Production
Asset Name	Term Loan (7/21)
Asset Type	Loan
Reference Rate	3M USD SOFR+
Reference Spread	5.50%
LIBOR Floor	0%
Current Rate (All In)	7.70%
Maturity Date	Feb. 10, 2027
Principal/ Number of Shares | shares	4,416,858
Cost	$ 4,388,245
Fair Value	$ 3,854,812
Alliant Holdings Intermediate, LLC [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Banking, Finance, Insurance & Real Estate
Asset Name	Term Loan B4
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	3.50%
LIBOR Floor	0.50%
Current Rate (All In)	5.88%
Maturity Date	Nov. 05, 2027
Principal/ Number of Shares | shares	992,500
Cost	$ 991,536
Fair Value	$ 964,710
Allied Universal Holdco LLC [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Services: Business
Asset Name	Term Loan 4/21
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	3.75%
LIBOR Floor	0.50%
Current Rate (All In)	6.27%
Maturity Date	May 12, 2028
Principal/ Number of Shares | shares	1,985,000
Cost	$ 1,976,181
Fair Value	$ 1,890,971
Altisource Solutions S.a r.l. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Banking, Finance, Insurance & Real Estate
Asset Name	Term Loan B (03/18)
Asset Type	Loan
Reference Rate	3M USD LIBOR+
Reference Spread	4%
LIBOR Floor	1%
Current Rate (All In)	6.25%
Maturity Date	Apr. 03, 2024
Principal/ Number of Shares | shares	1,223,297
Cost	$ 1,220,817
Fair Value	$ 1,010,138
Altium Packaging LLC [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Containers, Packaging & Glass
Asset Name	Term Loan (01/21)
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	2.75%
LIBOR Floor	0.50%
Current Rate (All In)	5.13%
Maturity Date	Jan. 29, 2028
Principal/ Number of Shares | shares	493,750
Cost	$ 491,725
Fair Value	$ 477,397
American Greetings Corporation [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Media: Advertising, Printing & Publishing
Asset Name	Term Loan
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	4.50%
LIBOR Floor	1%
Current Rate (All In)	6.88%
Maturity Date	Apr. 06, 2024
Principal/ Number of Shares | shares	3,012,861
Cost	$ 3,011,294
Fair Value	$ 2,967,668
American Trailer World Corp [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Automotive
Asset Name	Term Loan
Asset Type	Loan
Reference Rate	1M USD SOFR+
Reference Spread	3.75%
LIBOR Floor	0.75%
Current Rate (All In)	6.31%
Maturity Date	Mar. 03, 2028
Principal/ Number of Shares | shares	1,980,000
Cost	$ 1,975,170
Fair Value	$ 1,843,380
AmWINS Group, LLC [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Banking, Finance, Insurance & Real Estate
Asset Name	Term Loan 2/21
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	2.25%
LIBOR Floor	0.75%
Current Rate (All In)	4.77%
Maturity Date	Feb. 17, 2028
Principal/ Number of Shares | shares	1,970,012
Cost	$ 1,949,039
Fair Value	$ 1,921,214
Anastasia Parent LLC [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Consumer goods: Non-durable
Asset Name	Term Loan
Asset Type	Loan
Reference Rate	3M USD LIBOR+
Reference Spread	3.75%
LIBOR Floor	0%
Current Rate (All In)	6%
Maturity Date	Aug. 11, 2025
Principal/ Number of Shares | shares	962,500
Cost	$ 960,273
Fair Value	$ 779,625
Anchor Glass Container Corporation [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Containers, Packaging & Glass
Asset Name	Term Loan (07/17)
Asset Type	Loan
Reference Rate	3M USD LIBOR+
Reference Spread	2.75%
LIBOR Floor	1%
Current Rate (All In)	5.10%
Maturity Date	Dec. 07, 2023
Principal/ Number of Shares | shares	472,625
Cost	$ 472,098
Fair Value	$ 374,437
ANI Pharmaceuticals, Inc. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Healthcare & Pharmaceuticals
Asset Name	Term Loan B
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	6%
LIBOR Floor	0.75%
Current Rate (All In)	8.52%
Maturity Date	Nov. 19, 2027
Principal/ Number of Shares | shares	2,985,000
Cost	$ 2,933,021
Fair Value	$ 2,858,138
AP Core Holdings II LLC [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	High Tech Industries
Asset Name	Term Loan B2
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	5.50%
LIBOR Floor	0.75%
Current Rate (All In)	8.02%
Maturity Date	Sep. 01, 2027
Principal/ Number of Shares | shares	500,000
Cost	$ 493,572
Fair Value	$ 472,915
AP Core Holdings II LLC One [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	High Tech Industries
Asset Name	Term Loan B1
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	5.50%
LIBOR Floor	0.75%
Current Rate (All In)	8.02%
Maturity Date	Sep. 01, 2027
Principal/ Number of Shares | shares	1,925,000
Cost	$ 1,900,214
Fair Value	$ 1,817,200
APEX GROUP TREASURY LIMITED [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Banking, Finance, Insurance & Real Estate
Asset Name	Term Loan Incremental
Asset Type	Loan
Reference Rate	1M USD SOFR+
Reference Spread	5%
LIBOR Floor	0.50%
Current Rate (All In)	6.73%
Maturity Date	Jul. 27, 2028
Principal/ Number of Shares | shares	500,000
Cost	$ 467,500
Fair Value	$ 488,125
APi Group DE, Inc. (J2 Acquisition) [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Services: Business
Asset Name	Term Loan B
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	2.50%
LIBOR Floor	0%
Current Rate (All In)	5.02%
Maturity Date	Oct. 01, 2026
Principal/ Number of Shares | shares	1,928,237
Cost	$ 1,921,239
Fair Value	$ 1,896,305
APLP Holdings Limited Partnership [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Energy: Electricity
Asset Name	Term Loan B (3/21)
Asset Type	Loan
Reference Rate	3M USD LIBOR+
Reference Spread	3.75%
LIBOR Floor	1%
Current Rate (All In)	6%
Maturity Date	May 14, 2027
Principal/ Number of Shares | shares	577,859
Cost	$ 573,198
Fair Value	$ 571,000
Apollo Commercial Real Estate Finance, Inc. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Banking, Finance, Insurance & Real Estate
Asset Name	Term Loan B
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	2.75%
LIBOR Floor	0%
Current Rate (All In)	5.27%
Maturity Date	May 15, 2026
Principal/ Number of Shares | shares	2,954,315
Cost	$ 2,925,168
Fair Value	$ 2,836,142
Apollo Commercial Real Estate Finance, Inc. One [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Banking, Finance, Insurance & Real Estate
Asset Name	Term Loan B1 (2/21)
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	3.50%
LIBOR Floor	0.50%
Current Rate (All In)	5.94%
Maturity Date	Mar. 06, 2028
Principal/ Number of Shares | shares	987,500
Cost	$ 979,308
Fair Value	$ 948,000
AppLovin Corporation [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	High Tech Industries
Asset Name	Term Loan B
Asset Type	Loan
Reference Rate	3M USD LIBOR+
Reference Spread	3.25%
LIBOR Floor	0%
Current Rate (All In)	5.50%
Maturity Date	Aug. 15, 2025
Principal/ Number of Shares | shares	984,694
Cost	$ 984,694
Fair Value	$ 964,646
AppLovin Corporation One [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	High Tech Industries
Asset Name	Term Loan (10/21)
Asset Type	Loan
Reference Rate	3M USD LIBOR+
Reference Spread	3%
LIBOR Floor	0.50%
Current Rate (All In)	5.25%
Maturity Date	Oct. 21, 2028
Principal/ Number of Shares | shares	1,496,250
Cost	$ 1,492,933
Fair Value	$ 1,452,305
Aramark Corporation [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Services: Consumer
Asset Name	Term Loan
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	1.75%
LIBOR Floor	0%
Current Rate (All In)	4.27%
Maturity Date	Jan. 15, 2027
Principal/ Number of Shares | shares	2,331,250
Cost	$ 2,274,480
Fair Value	$ 2,269,472
Aramark Corporation One [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Services: Consumer
Asset Name	Term Loan B (4/21)
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	2.50%
LIBOR Floor	0%
Current Rate (All In)	5.02%
Maturity Date	Apr. 01, 2028
Principal/ Number of Shares | shares	1,753,715
Cost	$ 1,746,448
Fair Value	$ 1,740,562
ARC FALCON I INC. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Chemicals, Plastics, & Rubber
Asset Name	Delayed Draw Term Loan
Asset Type	Loan
Reference Rate
Reference Spread
LIBOR Floor
Current Rate (All In)
Maturity Date	Sep. 29, 2028
Cost	$ (556)
Fair Value	$ (7,112)
ARC FALCON I INC. One [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Chemicals, Plastics, & Rubber
Asset Name	Term Loan
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	3.75%
LIBOR Floor	0.50%
Current Rate (All In)	6.27%
Maturity Date	Sep. 23, 2028
Principal/ Number of Shares | shares	868,248
Cost	$ 864,411
Fair Value	$ 819,774
Arches Buyer Inc. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Services: Consumer
Asset Name	Term Loan B
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	3.25%
LIBOR Floor	0.50%
Current Rate (All In)	5.77%
Maturity Date	Dec. 06, 2027
Principal/ Number of Shares | shares	1,484,848
Cost	$ 1,476,025
Fair Value	$ 1,399,782
Arctic Glacier U.S.A., Inc. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Beverage, Food & Tobacco
Asset Name	Term Loan (3/18)
Asset Type	Loan
Reference Rate	3M USD LIBOR+
Reference Spread	3.50%
LIBOR Floor	1%
Current Rate (All In)	4.51%
Maturity Date	Mar. 20, 2024
Cost	$ 6,733
Aretec Group, Inc. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Banking, Finance, Insurance & Real Estate
Asset Name	Term Loan (10/18)
Asset Type	Loan
Reference Rate	1M USD SOFR+
Reference Spread	4.25%
LIBOR Floor	0%
Current Rate (All In)	6.71%
Maturity Date	Oct. 01, 2025
Principal/ Number of Shares | shares	1,926,183
Cost	$ 1,922,154
Fair Value	$ 1,880,437
ASP BLADE HOLDINGS, INC. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Capital Equipment
Asset Name	Term Loan
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	4%
LIBOR Floor	0.50%
Current Rate (All In)	6.52%
Maturity Date	Oct. 07, 2028
Principal/ Number of Shares | shares	99,529
Cost	$ 99,091
Fair Value	$ 92,705
Asplundh Tree Expert, LLC [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Services: Business
Asset Name	Term Loan 2/21
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	1.75%
LIBOR Floor	0%
Current Rate (All In)	4.27%
Maturity Date	Sep. 07, 2027
Principal/ Number of Shares | shares	982,500
Cost	$ 978,862
Fair Value	$ 966,947
AssuredPartners Capital, Inc. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Banking, Finance, Insurance & Real Estate
Asset Name	Term Loan B (2/20)
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	3.50%
LIBOR Floor	0%
Current Rate (All In)	6.02%
Maturity Date	Feb. 12, 2027
Principal/ Number of Shares | shares	994,898
Cost	$ 991,383
Fair Value	$ 966,543
Assuredpartners Inc. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Banking, Finance, Insurance & Real Estate
Asset Name	Incremental Term Loan (7/21)
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	3.50%
LIBOR Floor	0.50%
Current Rate (All In)	6.02%
Maturity Date	Feb. 12, 2027
Principal/ Number of Shares | shares	990,000
Cost	$ 990,000
Fair Value	$ 960,607
Assuredpartners Inc. One [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Banking, Finance, Insurance & Real Estate
Asset Name	Term Loan
Asset Type	Loan
Reference Rate	1M USD SOFR+
Reference Spread	3.50%
LIBOR Floor	0.50%
Current Rate (All In)	5.96%
Maturity Date	Feb. 12, 2027
Principal/ Number of Shares | shares	498,750
Cost	$ 497,674
Fair Value	$ 484,566
ASTRO ONE ACQUISITION CORPORATION [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Consumer goods: Durable
Asset Name	Term Loan
Asset Type	Loan
Reference Rate	3M USD LIBOR+
Reference Spread	5.50%
LIBOR Floor	0.75%
Current Rate (All In)	7.75%
Maturity Date	Sep. 15, 2028
Principal/ Number of Shares | shares	2,985,000
Cost	$ 2,958,780
Fair Value	$ 2,497,460
Asurion, LLC [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Banking, Finance, Insurance & Real Estate
Asset Name	Term Loan B8
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	3.25%
LIBOR Floor	0%
Current Rate (All In)	5.77%
Maturity Date	Dec. 18, 2026
Principal/ Number of Shares | shares	2,979,985
Cost	$ 2,970,313
Fair Value	$ 2,724,570
Asurion, LLC One [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Banking, Finance, Insurance & Real Estate
Asset Name	Term Loan B10
Asset Type	Loan
Reference Rate	1M USD SOFR+
Reference Spread	4%
LIBOR Floor	0%
Current Rate (All In)	6.40%
Maturity Date	Aug. 19, 2028
Principal/ Number of Shares | shares	2,000,000
Cost	$ 1,900,276
Fair Value	$ 1,863,340
ATHENAHEALTH GROUP INC. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Healthcare & Pharmaceuticals
Asset Name	Delayed Draw Term Loan (02/22)
Asset Type	Loan
Reference Rate
Reference Spread
LIBOR Floor
Current Rate (All In)
Maturity Date	Feb. 15, 2029
Fair Value	$ (9,783)
ATHENAHEALTH GROUP INC. One [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Healthcare & Pharmaceuticals
Asset Name	Term Loan B (2/22)
Asset Type	Loan
Reference Rate	1M USD SOFR+
Reference Spread	3.50%
LIBOR Floor	0.50%
Current Rate (All In)	5.80%
Maturity Date	Feb. 15, 2029
Principal/ Number of Shares | shares	1,282,609
Cost	$ 1,276,829
Fair Value	$ 1,224,891
Avast Software S.R.O. (Sybil Finance) [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	High Tech Industries
Asset Name	Term Loan (Sybil Software)
Asset Type	Loan
Reference Rate	3M USD LIBOR+
Reference Spread	1.75%
LIBOR Floor	0%
Current Rate (All In)	4%
Maturity Date	Mar. 22, 2028
Principal/ Number of Shares | shares	1,875,000
Cost	$ 1,871,036
Fair Value	$ 1,865,231
Avaya, Inc. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Telecommunications
Asset Name	Term Loan B1
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	4.25%
LIBOR Floor	0%
Current Rate (All In)	6.64%
Maturity Date	Dec. 15, 2027
Principal/ Number of Shares | shares	1,755,766
Cost	$ 1,748,093
Fair Value	$ 992,008
Avaya, Inc. One [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Telecommunications
Asset Name	Term Loan B-2 (2/21)
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	4%
LIBOR Floor	0%
Current Rate (All In)	6.39%
Maturity Date	Dec. 15, 2027
Principal/ Number of Shares | shares	1,000,000
Cost	$ 1,000,000
Fair Value	$ 559,380
Avison Young (Canada) Inc [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Services: Business
Asset Name	Term Loan
Asset Type	Loan
Reference Rate	3M USD LIBOR+
Reference Spread	5.75%
LIBOR Floor	0%
Current Rate (All In)	8%
Maturity Date	Jan. 31, 2026
Principal/ Number of Shares | shares	3,388,438
Cost	$ 3,357,091
Fair Value	$ 3,219,016
Avison Young (Canada) Inc One [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Services: Business
Asset Name	Term Loan (08/22)
Asset Type	Loan
Reference Rate	1M USD SOFR+
Reference Spread	7%
LIBOR Floor	0%
Current Rate (All In)	9.49%
Maturity Date	Jan. 31, 2026
Principal/ Number of Shares | shares	750,000
Cost	$ 705,347
Fair Value	$ 716,250
Avolon TLB Borrower 1 (US) LLC [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Capital Equipment
Asset Name	Term Loan B3
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	1.75%
LIBOR Floor	0.75%
Current Rate (All In)	4.12%
Maturity Date	Jan. 15, 2025
Principal/ Number of Shares | shares	1,000,000
Cost	$ 916,194
Fair Value	$ 983,330
Avolon TLB Borrower 1 (US) LLC One [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Capital Equipment
Asset Name	Term Loan B5 (7/21)
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	2.25%
LIBOR Floor	0.50%
Current Rate (All In)	4.62%
Maturity Date	Dec. 01, 2027
Principal/ Number of Shares | shares	492,500
Cost	$ 488,674
Fair Value	$ 483,512
AZURITY PHARMACEUTICALS, INC. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Healthcare & Pharmaceuticals
Asset Name	Term Loan B
Asset Type	Loan
Reference Rate	3M USD LIBOR+
Reference Spread	6%
LIBOR Floor	0.75%
Current Rate (All In)	8.31%
Maturity Date	Sep. 20, 2027
Principal/ Number of Shares | shares	487,500
Cost	$ 474,379
Fair Value	$ 433,875
B&G Foods, Inc. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Beverage, Food & Tobacco
Asset Name	Term Loan
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	2.50%
LIBOR Floor	0%
Current Rate (All In)	5.02%
Maturity Date	Oct. 10, 2026
Principal/ Number of Shares | shares	706,458
Cost	$ 702,199
Fair Value	$ 673,121
B.C. Unlimited Liability Co (Burger King) [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Beverage, Food & Tobacco
Asset Name	Term Loan B4
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	1.75%
LIBOR Floor	0%
Current Rate (All In)	4.27%
Maturity Date	Nov. 19, 2026
Principal/ Number of Shares | shares	1,462,500
Cost	$ 1,434,644
Fair Value	$ 1,418,318
BAKELITE UK INTERMEDIATE LTD. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Chemicals, Plastics, & Rubber
Asset Name	Term Loan
Asset Type	Loan
Reference Rate	3M USD SOFR+
Reference Spread	4%
LIBOR Floor	0.50%
Current Rate (All In)	6.16%
Maturity Date	Feb. 01, 2029
Principal/ Number of Shares | shares	1,000,000
Cost	$ 995,200
Fair Value	$ 955,000
Baldwin Risk Partners, LLC [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Banking, Finance, Insurance & Real Estate
Asset Name	Term Loan
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	3.50%
LIBOR Floor	0.50%
Current Rate (All In)	5.88%
Maturity Date	Oct. 14, 2027
Principal/ Number of Shares | shares	1,232,550
Cost	$ 1,220,752
Fair Value	$ 1,200,196
Bausch Health Companies Inc. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Healthcare & Pharmaceuticals
Asset Name	Term Loan B (1/22)
Asset Type	Loan
Reference Rate	1M USD SOFR+
Reference Spread	5.25%
LIBOR Floor	0.50%
Current Rate (All In)	7.66%
Maturity Date	Feb. 01, 2027
Principal/ Number of Shares | shares	2,000,000
Cost	$ 1,795,000
Fair Value	$ 1,590,000
BCPE Empire Holdings, Inc. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Services: Business
Asset Name	Term Loan Amendment 3
Asset Type	Loan
Reference Rate	1M USD SOFR+
Reference Spread	4.63%
LIBOR Floor	0%
Current Rate (All In)	7.18%
Maturity Date	Jun. 11, 2026
Principal/ Number of Shares | shares	498,750
Cost	$ 481,970
Fair Value	$ 482,541
Belfor Holdings Inc. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Services: Consumer
Asset Name	Term Loan
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	4%
LIBOR Floor	0%
Current Rate (All In)	6.52%
Maturity Date	Apr. 06, 2026
Principal/ Number of Shares | shares	246,819
Cost	$ 246,653
Fair Value	$ 243,117
Belfor Holdings Inc. One [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Services: Consumer
Asset Name	Term Loan B-2 (3/22)
Asset Type	Loan
Reference Rate	1M USD SOFR+
Reference Spread	4.25%
LIBOR Floor	0.50%
Current Rate (All In)	6.71%
Maturity Date	Apr. 06, 2026
Principal/ Number of Shares | shares	1,000,000
Cost	$ 972,460
Fair Value	$ 985,000
Belron Finance US LLC [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Automotive
Asset Name	Term Loan B (3/21)
Asset Type	Loan
Reference Rate	3M USD LIBOR+
Reference Spread	2.50%
LIBOR Floor	0.50%
Current Rate (All In)	5.38%
Maturity Date	Apr. 13, 2028
Principal/ Number of Shares | shares	1,975,000
Cost	$ 1,958,729
Fair Value	$ 1,942,294
Bengal Debt Merger Sub LLC [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Beverage, Food & Tobacco
Asset Name	Term Loan
Asset Type	Loan
Reference Rate	1M USD SOFR+
Reference Spread	3.25%
LIBOR Floor	0.50%
Current Rate (All In)	5.68%
Maturity Date	Jan. 24, 2029
Principal/ Number of Shares | shares	2,000,000
Cost	$ 1,998,507
Fair Value	$ 1,914,280
Blackstone Mortgage Trust, Inc. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Banking, Finance, Insurance & Real Estate
Asset Name	Term Loan (6/21)
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	2.75%
LIBOR Floor	0.50%
Current Rate (All In)	5.27%
Maturity Date	Apr. 23, 2026
Principal/ Number of Shares | shares	1,472,597
Cost	$ 1,464,443
Fair Value	$ 1,424,738
Blackstone Mortgage Trust, Inc. One [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Banking, Finance, Insurance & Real Estate
Asset Name	Term Loan B
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	2.25%
LIBOR Floor	0%
Current Rate (All In)	4.77%
Maturity Date	Apr. 23, 2026
Principal/ Number of Shares | shares	984,810
Cost	$ 979,466
Fair Value	$ 951,573
Blucora, Inc. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Services: Consumer
Asset Name	Term Loan (11/17)
Asset Type	Loan
Reference Rate	3M USD LIBOR+
Reference Spread	4%
LIBOR Floor	1%
Current Rate (All In)	6.25%
Maturity Date	May 22, 2024
Principal/ Number of Shares | shares	2,287,052
Cost	$ 2,283,201
Fair Value	$ 2,269,899
Blue Tree Holdings, Inc. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Chemicals, Plastics, & Rubber
Asset Name	Term Loan (2/21)
Asset Type	Loan
Reference Rate	3M USD LIBOR+
Reference Spread	2.50%
LIBOR Floor	0%
Current Rate (All In)	4.76%
Maturity Date	Mar. 04, 2028
Principal/ Number of Shares | shares	987,500
Cost	$ 985,520
Fair Value	$ 957,875
Bombardier Recreational Products, Inc. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Consumer goods: Durable
Asset Name	Term Loan (1/20)
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	2%
LIBOR Floor	0%
Current Rate (All In)	4.52%
Maturity Date	May 24, 2027
Principal/ Number of Shares | shares	1,462,549
Cost	$ 1,455,033
Fair Value	$ 1,408,801
Boxer Parent Company, Inc. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	High Tech Industries
Asset Name	Term Loan (2/21)
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	3.75%
LIBOR Floor	0%
Current Rate (All In)	6.12%
Maturity Date	Oct. 02, 2025
Principal/ Number of Shares | shares	519,820
Cost	$ 519,820
Fair Value	$ 500,675
Bracket Intermediate Holding Corp [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Healthcare & Pharmaceuticals
Asset Name	Term Loan
Asset Type	Loan
Reference Rate	3M USD LIBOR+
Reference Spread	4.25%
LIBOR Floor	0%
Current Rate (All In)	6.54%
Maturity Date	Sep. 05, 2025
Principal/ Number of Shares | shares	962,500
Cost	$ 960,298
Fair Value	$ 940,844
BrightSpring Health Services (Phoenix Guarantor) [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Healthcare & Pharmaceuticals
Asset Name	Term Loan B-3
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	3.50%
LIBOR Floor	0%
Current Rate (All In)	5.94%
Maturity Date	Mar. 05, 2026
Principal/ Number of Shares | shares	987,500
Cost	$ 987,500
Fair Value	$ 954,419
BroadStreet Partners, Inc. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Banking, Finance, Insurance & Real Estate
Asset Name	Term Loan B3
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	3%
LIBOR Floor	0%
Current Rate (All In)	5.52%
Maturity Date	Jan. 22, 2027
Principal/ Number of Shares | shares	2,963,947
Cost	$ 2,959,109
Fair Value	$ 2,870,256
Brookfield WEC Holdings Inc. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Energy: Electricity
Asset Name	Term Loan (1/21)
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	2.75%
LIBOR Floor	0.50%
Current Rate (All In)	5.27%
Maturity Date	Aug. 01, 2025
Principal/ Number of Shares | shares	1,470,075
Cost	$ 1,471,797
Fair Value	$ 1,433,147
BROWN GROUP HOLDING, LLC [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Aerospace & Defense
Asset Name	Term Loan B-2
Asset Type	Loan
Reference Rate	1M USD SOFR+
Reference Spread	3.75%
LIBOR Floor	0%
Current Rate (All In)	6.21%
Maturity Date	Jun. 08, 2029
Principal/ Number of Shares | shares	500,000
Cost	$ 487,659
Fair Value	$ 492,410
Buckeye Partners, L.P. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Utilities: Oil & Gas
Asset Name	Term Loan (1/21)
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	2.25%
LIBOR Floor	0%
Current Rate (All In)	4.62%
Maturity Date	Nov. 01, 2026
Principal/ Number of Shares | shares	1,960,138
Cost	$ 1,949,299
Fair Value	$ 1,927,168
BW Gas & Convenience Holdings LLC [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Beverage, Food & Tobacco
Asset Name	Term Loan B
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	3.50%
LIBOR Floor	0.50%
Current Rate (All In)	6.02%
Maturity Date	Mar. 31, 2028
Principal/ Number of Shares | shares	2,475,000
Cost	$ 2,454,497
Fair Value	$ 2,376,000
Callaway Golf Company [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Retail
Asset Name	Term Loan B
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	4.50%
LIBOR Floor	0%
Current Rate (All In)	7.02%
Maturity Date	Jan. 04, 2026
Principal/ Number of Shares | shares	678,750
Cost	$ 671,259
Fair Value	$ 676,490
Camping World, Inc. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Retail
Asset Name	Term Loan B (5/21)
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	2.50%
LIBOR Floor	0.75%
Current Rate (All In)	4.99%
Maturity Date	Jun. 05, 2028
Principal/ Number of Shares | shares	2,500,000
Cost	$ 2,263,750
Fair Value	$ 2,332,825
CareerBuilder, LLC [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Services: Business
Asset Name	Term Loan
Asset Type	Loan
Reference Rate	3M USD LIBOR+
Reference Spread	6.75%
LIBOR Floor	1%
Current Rate (All In)	9%
Maturity Date	Jul. 31, 2023
Principal/ Number of Shares | shares	5,393,388
Cost	$ 5,296,559
Fair Value	$ 3,437,152
CareStream Health, Inc. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Containers, Packaging & Glass
Asset Name	Term Loan B
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	4%
LIBOR Floor	0%
Current Rate (All In)	6.52%
Maturity Date	Jul. 18, 2026
Principal/ Number of Shares | shares	982,278
Cost	$ 975,165
Fair Value	$ 958,949
Casa Systems, Inc [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Telecommunications
Asset Name	Term Loan
Asset Type	Loan
Reference Rate	3M USD LIBOR+
Reference Spread	4%
LIBOR Floor	1%
Current Rate (All In)	6.25%
Maturity Date	Dec. 20, 2023
Principal/ Number of Shares | shares	1,383,625
Cost	$ 1,380,672
Fair Value	$ 1,170,893
Castle US Holding Corporation [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Media: Advertising, Printing & Publishing
Asset Name	Term Loan B (USD)
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	3.75%
LIBOR Floor	0%
Current Rate (All In)	6.27%
Maturity Date	Jan. 27, 2027
Principal/ Number of Shares | shares	1,971,757
Cost	$ 1,961,464
Fair Value	$ 1,651,347
BI BUYER, INC. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Consumer goods: Durable
Asset Name	Term Loan
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	3.25%
LIBOR Floor	0.50%
Current Rate (All In)	5.65%
Maturity Date	Jan. 06, 2028
Principal/ Number of Shares | shares	2,984,962
Cost	$ 2,816,427
Fair Value	$ 2,703,868
CCC Intelligent Solutions Inc. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Services: Business
Asset Name	Term Loan B
Asset Type	Loan
Reference Rate	3M USD LIBOR+
Reference Spread	2.25%
LIBOR Floor	0.50%
Current Rate (All In)	4.50%
Maturity Date	Sep. 16, 2028
Principal/ Number of Shares | shares	248,750
Cost	$ 248,206
Fair Value	$ 243,360
CI Buyer, Inc [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Telecommunications
Asset Name	Term Loan
Asset Type	Loan
Reference Rate	3M USD SOFR+
Reference Spread	4%
LIBOR Floor	0.75%
Current Rate (All In)	6.05%
Maturity Date	Dec. 17, 2027
Principal/ Number of Shares | shares	246,875
Cost	$ 244,910
Fair Value	$ 237,000
CCRR Parent, Inc. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Healthcare & Pharmaceuticals
Asset Name	Term Loan B
Asset Type	Loan
Reference Rate	3M USD LIBOR+
Reference Spread	3.75%
LIBOR Floor	0.75%
Current Rate (All In)	6.01%
Maturity Date	Mar. 05, 2028
Principal/ Number of Shares | shares	987,500
Cost	$ 983,313
Fair Value	$ 957,875
CCS-CMGC Holdings, Inc. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Healthcare & Pharmaceuticals
Asset Name	Term Loan
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	5.50%
LIBOR Floor	0%
Current Rate (All In)	8.02%
Maturity Date	Sep. 25, 2025
Principal/ Number of Shares | shares	2,412,500
Cost	$ 2,400,790
Fair Value	$ 2,346,156
CDK GLOBAL, INC. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	High Tech Industries
Asset Name	Term Loan B
Asset Type	Loan
Reference Rate	3M USD SOFR+
Reference Spread	4.50%
LIBOR Floor	0.50%
Current Rate (All In)	6.61%
Maturity Date	Jul. 06, 2029
Principal/ Number of Shares | shares	1,000,000
Cost	$ 970,484
Fair Value	$ 973,470
Cengage Learning, Inc. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Media: Advertising, Printing & Publishing
Asset Name	Term Loan B (6/21)
Asset Type	Loan
Reference Rate	6M USD LIBOR+
Reference Spread	4.75%
LIBOR Floor	1%
Current Rate (All In)	7.81%
Maturity Date	Jul. 14, 2026
Principal/ Number of Shares | shares	2,977,500
Cost	$ 2,953,751
Fair Value	$ 2,808,408
CENTURI GROUP, INC. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Construction & Building
Asset Name	Term Loan B
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	2.50%
LIBOR Floor	0.50%
Current Rate (All In)	5.02%
Maturity Date	Aug. 27, 2028
Principal/ Number of Shares | shares	883,330
Cost	$ 875,628
Fair Value	$ 859,868
CenturyLink, Inc. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Telecommunications
Asset Name	Term Loan B (1/20)
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	2.25%
LIBOR Floor	0%
Current Rate (All In)	4.77%
Maturity Date	Mar. 15, 2027
Principal/ Number of Shares | shares	3,909,849
Cost	$ 3,904,921
Fair Value	$ 3,675,258
Charlotte Buyer, Inc. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Services: Business
Asset Name	Term Loan B
Asset Type	Loan
Reference Rate	3M USD SOFR+
Reference Spread	5.25%
LIBOR Floor	0%
Current Rate (All In)	7.98%
Maturity Date	Feb. 03, 2028
Principal/ Number of Shares | shares	1,500,000
Cost	$ 1,395,658
Fair Value	$ 1,436,250
Chemours Company, (The) [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Chemicals, Plastics, & Rubber
Asset Name	Term Loan
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	1.75%
LIBOR Floor	0%
Current Rate (All In)	4.28%
Maturity Date	Apr. 03, 2025
Principal/ Number of Shares | shares	910,346
Cost	$ 880,516
Fair Value	$ 886,450
Churchill Downs Incorporated [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Hotel, Gaming & Leisure
Asset Name	Term Loan B1 (3/21)
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	2%
LIBOR Floor	0%
Current Rate (All In)	4.53%
Maturity Date	Mar. 17, 2028
Principal/ Number of Shares | shares	493,750
Cost	$ 492,743
Fair Value	$ 483,875
CIMPRESS PUBLIC LIMITED COMPANY [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Media: Advertising, Printing & Publishing
Asset Name	USD Term Loan
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	3.50%
LIBOR Floor	0.50%
Current Rate (All In)	6.02%
Maturity Date	May 17, 2028
Principal/ Number of Shares | shares	1,990,000
Cost	$ 1,895,264
Fair Value	$ 1,895,475
CITADEL SECURITIES LP [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Banking, Finance, Insurance & Real Estate
Asset Name	Term Loan B (01/21)
Asset Type	Loan
Reference Rate	1M USD SOFR+
Reference Spread	2.50%
LIBOR Floor	0%
Current Rate (All In)	5.07%
Maturity Date	Feb. 02, 2028
Principal/ Number of Shares | shares	4,937,500
Cost	$ 4,933,271
Fair Value	$ 4,823,345
Clarios Global LP [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Automotive
Asset Name	Term Loan B1
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	3.25%
LIBOR Floor	0%
Current Rate (All In)	5.77%
Maturity Date	Apr. 30, 2026
Principal/ Number of Shares | shares	1,267,812
Cost	$ 1,260,246
Fair Value	$ 1,232,313
Claros Mortgage Trust, Inc [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Banking, Finance, Insurance & Real Estate
Asset Name	Term Loan B-1 (11/21)
Asset Type	Loan
Reference Rate	1M USD SOFR+
Reference Spread	4.50%
LIBOR Floor	0.50%
Current Rate (All In)	6.89%
Maturity Date	Aug. 09, 2026
Principal/ Number of Shares | shares	3,457,336
Cost	$ 3,437,160
Fair Value	$ 3,362,259
CLYDESDALE ACQUISITION HOLDINGS, INC. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Containers, Packaging & Glass
Asset Name	Term Loan B
Asset Type	Loan
Reference Rate	1M USD SOFR+
Reference Spread	4.18%
LIBOR Floor	0.50%
Current Rate (All In)	6.73%
Maturity Date	Apr. 13, 2029
Principal/ Number of Shares | shares	1,500,000
Cost	$ 1,464,024
Fair Value	$ 1,445,370
Cole Haan [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Consumer goods: Non-durable
Asset Name	Term Loan B
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	5.50%
LIBOR Floor	0%
Current Rate (All In)	8.02%
Maturity Date	Feb. 07, 2025
Principal/ Number of Shares | shares	900,000
Cost	$ 895,403
Fair Value	$ 801,000
Columbus McKinnon Corporation [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Capital Equipment
Asset Name	Term Loan (4/21)
Asset Type	Loan
Reference Rate	3M USD LIBOR+
Reference Spread	2.75%
LIBOR Floor	0.50%
Current Rate (All In)	5.06%
Maturity Date	May 14, 2028
Principal/ Number of Shares | shares	468,182
Cost	$ 467,216
Fair Value	$ 461,159
Conduent, Inc. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Services: Business
Asset Name	Term Loan B
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	4.25%
LIBOR Floor	0.50%
Current Rate (All In)	6.77%
Maturity Date	Oct. 16, 2028
Principal/ Number of Shares | shares	995,000
Cost	$ 986,079
Fair Value	$ 961,001
Connect Finco SARL [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Telecommunications
Asset Name	Term Loan (1/21)
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	3.50%
LIBOR Floor	1%
Current Rate (All In)	6.03%
Maturity Date	Dec. 11, 2026
Principal/ Number of Shares | shares	2,932,500
Cost	$ 2,820,172
Fair Value	$ 2,840,859
Consolidated Communications, Inc. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Telecommunications
Asset Name	Term Loan B
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	3.50%
LIBOR Floor	0.75%
Current Rate (All In)	6%
Maturity Date	Oct. 02, 2027
Principal/ Number of Shares | shares	2,714,005
Cost	$ 2,502,915
Fair Value	$ 2,417,174
CORAL-US CO-BORROWER LLC [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Telecommunications
Asset Name	Term Loan B-5
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	2.25%
LIBOR Floor	0%
Current Rate (All In)	4.64%
Maturity Date	Jan. 31, 2028
Principal/ Number of Shares | shares	4,000,000
Cost	$ 3,987,745
Fair Value	$ 3,843,000
Corelogic, Inc. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Services: Business
Asset Name	Term Loan (4/21)
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	3.50%
LIBOR Floor	0.50%
Current Rate (All In)	6.02%
Maturity Date	Jun. 02, 2028
Principal/ Number of Shares | shares	2,481,250
Cost	$ 2,470,591
Fair Value	$ 2,124,570
Cortes NP Acquisition Corp (Vertiv) [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Capital Equipment
Asset Name	Term Loan 2/21
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	2.75%
LIBOR Floor	0%
Current Rate (All In)	5.11%
Maturity Date	Mar. 02, 2027
Principal/ Number of Shares | shares	1,970,000
Cost	$ 1,970,000
Fair Value	$ 1,895,298
COWEN INC. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Banking, Finance, Insurance & Real Estate
Asset Name	Term Loan
Asset Type	Loan
Reference Rate	6M USD LIBOR+
Reference Spread	3.25%
LIBOR Floor	0%
Current Rate (All In)	4.63%
Maturity Date	Mar. 24, 2028
Principal/ Number of Shares | shares	3,947,443
Cost	$ 3,926,096
Fair Value	$ 3,937,575
Creative Artists Agency, LLC [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Media: Diversified & Production
Asset Name	Term Loan B2 (6/22)
Asset Type	Loan
Reference Rate	1M USD SOFR+
Reference Spread	4.25%
LIBOR Floor	1%
Current Rate (All In)	6.58%
Maturity Date	Nov. 27, 2026
Principal/ Number of Shares | shares	500,000
Cost	$ 481,849
Fair Value	$ 496,250
CROCS INC [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Consumer goods: Durable
Asset Name	Term Loan
Asset Type	Loan
Reference Rate	6M USD SOFR+
Reference Spread	3.50%
LIBOR Floor	0.50%
Current Rate (All In)	4.45%
Maturity Date	Feb. 20, 2029
Principal/ Number of Shares | shares	2,992,500
Cost	$ 2,876,557
Fair Value	$ 2,876,541
Cross Financial Corp [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Banking, Finance, Insurance & Real Estate
Asset Name	Term Loan B (3/21)
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	4%
LIBOR Floor	0.75%
Current Rate (All In)	6.56%
Maturity Date	Sep. 15, 2027
Principal/ Number of Shares | shares	495,000
Cost	$ 494,516
Fair Value	$ 485,100
Crown Subsea Communications Holding, Inc. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Construction & Building
Asset Name	Term Loan (4/21)
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	4.75%
LIBOR Floor	0.75%
Current Rate (All In)	7.12%
Maturity Date	Apr. 27, 2027
Principal/ Number of Shares | shares	2,404,110
Cost	$ 2,384,446
Fair Value	$ 2,339,992
CSC Holdings LLC (Neptune Finco Corp.) [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Media: Broadcasting & Subscription
Asset Name	Term Loan B (03/17)
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	2.25%
LIBOR Floor	0%
Current Rate (All In)	4.64%
Maturity Date	Jul. 15, 2025
Principal/ Number of Shares | shares	1,923,858
Cost	$ 1,911,748
Fair Value	$ 1,860,140
CSC Holdings LLC (Neptune Finco Corp.) One [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Media: Broadcasting & Subscription
Asset Name	Term Loan B
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	2.25%
LIBOR Floor	0%
Current Rate (All In)	4.64%
Maturity Date	Jan. 15, 2026
Principal/ Number of Shares | shares	482,500
Cost	$ 481,950
Fair Value	$ 466,418
CSC Holdings LLC (Neptune Finco Corp.) Two [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Media: Broadcasting & Subscription
Asset Name	Term Loan B-5
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	2.50%
LIBOR Floor	0%
Current Rate (All In)	4.89%
Maturity Date	Apr. 15, 2027
Principal/ Number of Shares | shares	487,500
Cost	$ 487,500
Fair Value	$ 469,321
CTS Midco, LLC [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	High Tech Industries
Asset Name	Term Loan B
Asset Type	Loan
Reference Rate	3M USD LIBOR+
Reference Spread	6%
LIBOR Floor	1%
Current Rate (All In)	8.81%
Maturity Date	Nov. 02, 2027
Principal/ Number of Shares | shares	1,970,000
Cost	$ 1,924,044
Fair Value	$ 1,871,500
Daseke Inc [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Transportation: Cargo
Asset Name	Term Loan 2/21
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	4%
LIBOR Floor	0.75%
Current Rate (All In)	6.37%
Maturity Date	Mar. 05, 2028
Principal/ Number of Shares | shares	1,481,250
Cost	$ 1,475,172
Fair Value	$ 1,433,732
Dave & Buster’s Inc. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Hotel, Gaming & Leisure
Asset Name	Term Loan B (04/22)
Asset Type	Loan
Reference Rate	1M USD SOFR+
Reference Spread	5%
LIBOR Floor	0.50%
Current Rate (All In)	7.56%
Maturity Date	Jun. 29, 2029
Principal/ Number of Shares | shares	1,000,000
Cost	$ 950,693
Fair Value	$ 975,830
DCert Buyer, Inc. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	High Tech Industries
Asset Name	Term Loan
Asset Type	Loan
Reference Rate	3M USD SOFR+
Reference Spread	4%
LIBOR Floor	0%
Current Rate (All In)	6.90%
Maturity Date	Oct. 16, 2026
Principal/ Number of Shares | shares	1,477,330
Cost	$ 1,477,330
Fair Value	$ 1,435,064
Dealer Tire, LLC [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Automotive
Asset Name	Term Loan B-1
Asset Type	Loan
Reference Rate
Reference Spread
LIBOR Floor
Current Rate (All In)
Maturity Date	Dec. 12, 2025
Cost	$ 3,271
Delek US Holdings, Inc. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Utilities: Oil & Gas
Asset Name	Term Loan B
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	2.25%
LIBOR Floor	0%
Current Rate (All In)	4.77%
Maturity Date	Mar. 31, 2025
Principal/ Number of Shares | shares	6,282,700
Cost	$ 6,247,776
Fair Value	$ 6,121,172
DexKo Global, Inc. (Dragon Merger) [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Automotive
Asset Name	Term Loan (9/21)
Asset Type	Loan
Reference Rate	3M USD LIBOR+
Reference Spread	3.75%
LIBOR Floor	0.50%
Current Rate (All In)	6%
Maturity Date	Oct. 04, 2028
Principal/ Number of Shares | shares	997,500
Cost	$ 993,803
Fair Value	$ 952,613
Diamond Sports Group, LLC [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Media: Broadcasting & Subscription
Asset Name	1st Priority Term Loan
Asset Type	Loan
Reference Rate	1M USD SOFR+
Reference Spread	8%
LIBOR Floor	1%
Current Rate (All In)	10.39%
Maturity Date	May 25, 2026
Principal/ Number of Shares | shares	344,068
Cost	$ 334,615
Fair Value	$ 323,317
Diamond Sports Group, LLC One [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Media: Broadcasting & Subscription
Asset Name	Second Lien Term Loan
Asset Type	Loan
Reference Rate	1M USD SOFR+
Reference Spread	3.25%
LIBOR Floor	0%
Current Rate (All In)	5.64%
Maturity Date	Aug. 24, 2026
Principal/ Number of Shares | shares	3,391,925
Cost	$ 2,990,484
Fair Value	$ 615,397
DIRECTV FINANCING, LLC [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Media: Broadcasting & Subscription
Asset Name	Term Loan
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	5%
LIBOR Floor	0.75%
Current Rate (All In)	7.52%
Maturity Date	Aug. 02, 2027
Principal/ Number of Shares | shares	3,730,000
Cost	$ 3,698,538
Fair Value	$ 3,561,218
DISCOVERY PURCHASER CORPORATION [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Chemicals, Plastics, & Rubber
Asset Name	Term Loan
Asset Type	Loan
Reference Rate	1M USD SOFR+
Reference Spread	4.38%
LIBOR Floor	0.50%
Current Rate (All In)	6.66%
Maturity Date	Aug. 04, 2029
Principal/ Number of Shares | shares	1,500,000
Cost	$ 1,380,000
Fair Value	$ 1,404,375
Dispatch Acquisition Holdings, LLC [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Environmental Industries
Asset Name	Term Loan B (3/21)
Asset Type	Loan
Reference Rate	3M USD LIBOR+
Reference Spread	4.25%
LIBOR Floor	0.75%
Current Rate (All In)	6.50%
Maturity Date	Mar. 25, 2028
Principal/ Number of Shares | shares	495,000
Cost	$ 490,975
Fair Value	$ 455,400
DOMTAR CORPORATION [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Forest Products & Paper
Asset Name	Term Loan 9/21
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	5.50%
LIBOR Floor	0.75%
Current Rate (All In)	7.88%
Maturity Date	Nov. 30, 2028
Principal/ Number of Shares | shares	836,442
Cost	$ 828,718
Fair Value	$ 794,101
DRI HOLDING INC. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Media: Advertising, Printing & Publishing
Asset Name	Term Loan (12/21)
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	5.25%
LIBOR Floor	0.50%
Current Rate (All In)	7.77%
Maturity Date	Dec. 15, 2028
Principal/ Number of Shares | shares	3,992,500
Cost	$ 3,840,856
Fair Value	$ 3,528,372
DRW Holdings, LLC [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Banking, Finance, Insurance & Real Estate
Asset Name	Term Loan (2/21)
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	3.75%
LIBOR Floor	0%
Current Rate (All In)	6.27%
Maturity Date	Mar. 01, 2028
Principal/ Number of Shares | shares	6,435,000
Cost	$ 6,393,630
Fair Value	$ 6,187,639
DTZ U.S. Borrower, LLC [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Construction & Building
Asset Name	Term Loan
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	2.75%
LIBOR Floor	0%
Current Rate (All In)	5.27%
Maturity Date	Aug. 21, 2025
Principal/ Number of Shares | shares	3,856,286
Cost	$ 3,847,221
Fair Value	$ 3,750,239
EAB Global, Inc. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Services: Business
Asset Name	Term Loan (08/21)
Asset Type	Loan
Reference Rate	3M USD LIBOR+
Reference Spread	3.50%
LIBOR Floor	0.50%
Current Rate (All In)	6.31%
Maturity Date	Aug. 16, 2028
Principal/ Number of Shares | shares	995,000
Cost	$ 990,615
Fair Value	$ 955,449
Echo Global Logistics, Inc. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Services: Business
Asset Name	Term Loan
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	3.50%
LIBOR Floor	0.50%
Current Rate (All In)	6.02%
Maturity Date	Nov. 23, 2028
Principal/ Number of Shares | shares	1,995,000
Cost	$ 1,990,717
Fair Value	$ 1,876,298
Edelman Financial Group Inc., The [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Banking, Finance, Insurance & Real Estate
Asset Name	Term Loan B (3/21)
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	3.50%
LIBOR Floor	0.75%
Current Rate (All In)	6.02%
Maturity Date	Apr. 07, 2028
Principal/ Number of Shares | shares	2,199,656
Cost	$ 2,192,530
Fair Value	$ 2,106,963
Electrical Components Inter., Inc. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Capital Equipment
Asset Name	Term Loan (6/18)
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	4.25%
LIBOR Floor	0%
Current Rate (All In)	6.77%
Maturity Date	Jun. 26, 2025
Principal/ Number of Shares | shares	1,898,396
Cost	$ 1,898,396
Fair Value	$ 1,779,746
ELECTRON BIDCO INC. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Healthcare & Pharmaceuticals
Asset Name	Term Loan
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	3%
LIBOR Floor	0.50%
Current Rate (All In)	5.52%
Maturity Date	Nov. 01, 2028
Principal/ Number of Shares | shares	498,750
Cost	$ 496,532
Fair Value	$ 485,503
ELO Touch Solutions, Inc. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Media: Diversified & Production
Asset Name	Term Loan (12/18)
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	6.50%
LIBOR Floor	0%
Current Rate (All In)	9.02%
Maturity Date	Dec. 14, 2025
Principal/ Number of Shares | shares	2,175,269
Cost	$ 2,112,860
Fair Value	$ 2,113,643
Embecta Corp [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Healthcare & Pharmaceuticals
Asset Name	Term Loan B
Asset Type	Loan
Reference Rate	3M USD SOFR+
Reference Spread	3%
LIBOR Floor	0.50%
Current Rate (All In)	5.05%
Maturity Date	Mar. 30, 2029
Principal/ Number of Shares | shares	618,016
Cost	$ 614,508
Fair Value	$ 603,079
Endo Luxembourg Finance Company I S.a.r.l. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Healthcare & Pharmaceuticals
Asset Name	Term Loan (3/21)
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	5%
LIBOR Floor	0.75%
Current Rate (All In)	9.50%
Maturity Date	Mar. 27, 2028
Principal/ Number of Shares | shares	2,335,285
Cost	$ 2,327,697
Fair Value	$ 2,034,617
Endure Digital, Inc. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	High Tech Industries
Asset Name	Term Loan B
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	3.50%
LIBOR Floor	0.75%
Current Rate (All In)	5.87%
Maturity Date	Feb. 10, 2028
Principal/ Number of Shares | shares	2,475,000
Cost	$ 2,465,018
Fair Value	$ 2,315,684
Envision Healthcare Corporation [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Healthcare & Pharmaceuticals
Asset Name	Term Loan B (06/18)
Asset Type	Loan
Reference Rate	2M USD LIBOR+
Reference Spread	3.75%
LIBOR Floor	0%
Current Rate (All In)	6.56%
Maturity Date	Oct. 10, 2025
Principal/ Number of Shares | shares	4,819,794
Cost	$ 4,815,720
Fair Value	$ 1,247,893
EOS U.S. FINCO LLC [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Transportation: Cargo
Asset Name	Term Loan
Asset Type	Loan
Reference Rate	1M USD SOFR+
Reference Spread	6%
LIBOR Floor	0.50%
Current Rate (All In)	8.28%
Maturity Date	Aug. 03, 2029
Principal/ Number of Shares | shares	1,000,000
Cost	$ 920,000
Fair Value	$ 950,000
Equiniti Group PLC [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Services: Business
Asset Name	Term Loan B
Asset Type	Loan
Reference Rate	3M USD LIBOR+
Reference Spread	4.50%
LIBOR Floor	0.50%
Current Rate (All In)	6.75%
Maturity Date	Dec. 11, 2028
Principal/ Number of Shares | shares	995,000
Cost	$ 986,049
Fair Value	$ 975,100
EyeCare Partners, LLC [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Healthcare & Pharmaceuticals
Asset Name	Term Loan
Asset Type	Loan
Reference Rate	3M USD LIBOR+
Reference Spread	3.75%
LIBOR Floor	0%
Current Rate (All In)	6%
Maturity Date	Feb. 18, 2027
Principal/ Number of Shares | shares	1,958,020
Cost	$ 1,957,907
Fair Value	$ 1,817,454
Finco I LLC [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Banking, Finance, Insurance & Real Estate
Asset Name	Term Loan B (9/20)
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	2.50%
LIBOR Floor	0%
Current Rate (All In)	5.02%
Maturity Date	Jun. 27, 2025
Principal/ Number of Shares | shares	2,830,950
Cost	$ 2,826,428
Fair Value	$ 2,798,224
First Brands Group, LLC [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Automotive
Asset Name	1st Lien Term Loan (3/21)
Asset Type	Loan
Reference Rate	6M USD SOFR+
Reference Spread	5%
LIBOR Floor	1%
Current Rate (All In)	8.37%
Maturity Date	Mar. 30, 2027
Principal/ Number of Shares | shares	4,937,500
Cost	$ 4,872,354
Fair Value	$ 4,772,390
First Eagle Investment Management [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Banking, Finance, Insurance & Real Estate
Asset Name	Refinancing Term Loan
Asset Type	Loan
Reference Rate	3M USD LIBOR+
Reference Spread	2.50%
LIBOR Floor	0%
Current Rate (All In)	4.75%
Maturity Date	Feb. 01, 2027
Principal/ Number of Shares | shares	5,173,392
Cost	$ 5,159,258
Fair Value	$ 4,942,452
First Student Bidco Inc. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Transportation: Consumer
Asset Name	Term Loan B
Asset Type	Loan
Reference Rate	3M USD LIBOR+
Reference Spread	3%
LIBOR Floor	0.50%
Current Rate (All In)	5.23%
Maturity Date	Jul. 21, 2028
Principal/ Number of Shares | shares	726,740
Cost	$ 722,197
Fair Value	$ 697,671
First Student Bidco Inc. One [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Transportation: Consumer
Asset Name	Term Loan C
Asset Type	Loan
Reference Rate	3M USD LIBOR+
Reference Spread	3%
LIBOR Floor	0.50%
Current Rate (All In)	5.23%
Maturity Date	Jul. 21, 2028
Principal/ Number of Shares | shares	269,608
Cost	$ 267,922
Fair Value	$ 258,824
Fitness International, LLC (LA Fitness) [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Services: Consumer
Asset Name	Term Loan B (4/18)
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	3.25%
LIBOR Floor	1%
Current Rate (All In)	5.77%
Maturity Date	Apr. 18, 2025
Principal/ Number of Shares | shares	1,330,058
Cost	$ 1,326,257
Fair Value	$ 1,245,826
FOCUS FINANCIAL PARTNERS, LLC [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Banking, Finance, Insurance & Real Estate
Asset Name	Term Loan (1/20)
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	2%
LIBOR Floor	0%
Current Rate (All In)	4.52%
Maturity Date	Jul. 03, 2024
Principal/ Number of Shares | shares	492,308
Cost	$ 491,986
Fair Value	$ 484,716
Franchise Group, Inc. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Services: Consumer
Asset Name	First Out Term Loan
Asset Type	Loan
Reference Rate	3M USD LIBOR+
Reference Spread	4.75%
LIBOR Floor	0.75%
Current Rate (All In)	6.50%
Maturity Date	Mar. 10, 2026
Principal/ Number of Shares | shares	799,104
Cost	$ 793,201
Fair Value	$ 774,467
Franklin Square Holdings, L.P. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Banking, Finance, Insurance & Real Estate
Asset Name	Term Loan
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	2.25%
LIBOR Floor	0%
Current Rate (All In)	4.81%
Maturity Date	Aug. 01, 2025
Principal/ Number of Shares | shares	4,331,233
Cost	$ 4,314,733
Fair Value	$ 4,255,436
Froneri International (R&R Ice Cream) [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Beverage, Food & Tobacco
Asset Name	Term Loan B-2
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	2.25%
LIBOR Floor	0%
Current Rate (All In)	4.77%
Maturity Date	Jan. 29, 2027
Principal/ Number of Shares | shares	1,960,000
Cost	$ 1,956,965
Fair Value	$ 1,885,677
Garrett LX III S.a r.l. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Automotive
Asset Name	Dollar Term Loan
Asset Type	Loan
Reference Rate	3M USD LIBOR+
Reference Spread	3.25%
LIBOR Floor	0.50%
Current Rate (All In)	6.06%
Maturity Date	Apr. 30, 2028
Principal/ Number of Shares | shares	1,488,750
Cost	$ 1,482,578
Fair Value	$ 1,455,253
Gemini HDPE LLC [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Chemicals, Plastics, & Rubber
Asset Name	Term Loan B (12/20)
Asset Type	Loan
Reference Rate	3M USD LIBOR+
Reference Spread	3%
LIBOR Floor	0.50%
Current Rate (All In)	5.81%
Maturity Date	Dec. 31, 2027
Principal/ Number of Shares | shares	2,341,715
Cost	$ 2,326,803
Fair Value	$ 2,296,052
General Nutrition Centers, Inc. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Retail
Asset Name	Second Lien Term Loan
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	6%
LIBOR Floor	0%
Current Rate (All In)	8.39%
Maturity Date	Oct. 07, 2026
Principal/ Number of Shares | shares	365,225
Cost	$ 365,225
Fair Value	$ 332,355
Genesee & Wyoming, Inc. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Transportation: Cargo
Asset Name	Term Loan (11/19)
Asset Type	Loan
Reference Rate	3M USD LIBOR+
Reference Spread	2%
LIBOR Floor	0%
Current Rate (All In)	4.25%
Maturity Date	Dec. 30, 2026
Principal/ Number of Shares | shares	1,466,250
Cost	$ 1,461,603
Fair Value	$ 1,432,922
GGP Inc. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Banking, Finance, Insurance & Real Estate
Asset Name	Term Loan B
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	2.50%
LIBOR Floor	0%
Current Rate (All In)	2.96%
Maturity Date	Aug. 27, 2025
Principal/ Number of Shares | shares	3,093,297
Cost	$ 2,685,635
Fair Value	$ 3,041,732
Global Tel*Link Corporation [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Telecommunications
Asset Name	Term Loan B
Asset Type	Loan
Reference Rate	3M USD LIBOR+
Reference Spread	4.25%
LIBOR Floor	0%
Current Rate (All In)	7.06%
Maturity Date	Nov. 29, 2025
Principal/ Number of Shares | shares	4,923,145
Cost	$ 4,755,928
Fair Value	$ 4,523,140
Go Daddy Operating Company, LLC [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	High Tech Industries
Asset Name	Term Loan 2/21
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	2%
LIBOR Floor	0%
Current Rate (All In)	4.37%
Maturity Date	Aug. 10, 2027
Principal/ Number of Shares | shares	1,969,849
Cost	$ 1,969,849
Fair Value	$ 1,932,501
GOLDEN WEST PACKAGING GROUP LLC [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Forest Products & Paper
Asset Name	Term Loan (11/21)
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	5.25%
LIBOR Floor	0.75%
Current Rate (All In)	7.62%
Maturity Date	Dec. 01, 2027
Principal/ Number of Shares | shares	1,987,500
Cost	$ 1,969,794
Fair Value	$ 1,927,875
Graham Packaging Co Inc [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Containers, Packaging & Glass
Asset Name	Term Loan (2/21)
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	3%
LIBOR Floor	0.75%
Current Rate (All In)	5.52%
Maturity Date	Aug. 07, 2027
Principal/ Number of Shares | shares	967,415
Cost	$ 962,087
Fair Value	$ 943,230
Great Outdoors Group, LLC [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Retail
Asset Name	Term Loan B2
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	3.75%
LIBOR Floor	0.75%
Current Rate (All In)	6.27%
Maturity Date	Mar. 06, 2028
Principal/ Number of Shares | shares	985,056
Cost	$ 980,871
Fair Value	$ 951,564
Greenhill & Co., Inc. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Banking, Finance, Insurance & Real Estate
Asset Name	Term Loan B
Asset Type	Loan
Reference Rate	3M USD LIBOR+
Reference Spread	3.25%
LIBOR Floor	0%
Current Rate (All In)	6.32%
Maturity Date	Apr. 12, 2024
Principal/ Number of Shares | shares	2,844,231
Cost	$ 2,832,362
Fair Value	$ 2,773,125
Griffon Corporation [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Consumer goods: Durable
Asset Name	Term Loan B
Asset Type	Loan
Reference Rate	1M USD SOFR+
Reference Spread	2.50%
LIBOR Floor	0.50%
Current Rate (All In)	4.98%
Maturity Date	Jan. 24, 2029
Principal/ Number of Shares | shares	155,625
Cost	$ 155,277
Fair Value	$ 151,085
Grosvenor Capital Management Holdings, LLLP [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Banking, Finance, Insurance & Real Estate
Asset Name	Amendment 5 Term Loan
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	2.50%
LIBOR Floor	0.50%
Current Rate (All In)	5.02%
Maturity Date	Feb. 24, 2028
Principal/ Number of Shares | shares	3,851,241
Cost	$ 3,848,423
Fair Value	$ 3,780,224
Harbor Freight Tools USA, Inc. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Retail
Asset Name	Term Loan B (06/21)
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	2.75%
LIBOR Floor	0.50%
Current Rate (All In)	5.27%
Maturity Date	Oct. 19, 2027
Principal/ Number of Shares | shares	3,456,030
Cost	$ 3,436,409
Fair Value	$ 3,294,392
Harland Clarke Holdings Corp. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Media: Advertising, Printing & Publishing
Asset Name	Term Loan (08/21)
Asset Type	Loan
Reference Rate	3M USD LIBOR+
Reference Spread	7.75%
LIBOR Floor	1%
Current Rate (All In)	10%
Maturity Date	Jun. 16, 2026
Principal/ Number of Shares | shares	1,221,522
Cost	$ 1,219,887
Fair Value	$ 917,840
Helix Gen Funding, LLc [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Energy: Electricity
Asset Name	Term Loan B (02/17)
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	3.75%
LIBOR Floor	1%
Current Rate (All In)	6.27%
Maturity Date	Jun. 03, 2024
Principal/ Number of Shares | shares	212,687
Cost	$ 212,626
Fair Value	$ 199,187
Hillman Group Inc. (The) (New) [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Consumer goods: Durable
Asset Name	Delayed Draw Term Loan (2/21)
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	2.75%
LIBOR Floor	0.50%
Current Rate (All In)	5.19%
Maturity Date	Jul. 14, 2028
Principal/ Number of Shares | shares	67,004
Cost	$ 67,004
Fair Value	$ 41,703
Hillman Group Inc. (The) (New) One [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Consumer goods: Durable
Asset Name	Term Loan B-1 (2/21)
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	2.75%
LIBOR Floor	0.50%
Current Rate (All In)	5.19%
Maturity Date	Jul. 14, 2028
Principal/ Number of Shares | shares	3,496,783
Cost	$ 3,489,827
Fair Value	$ 3,391,879
HLF Financing SARL (Herbalife) [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Consumer goods: Non-durable
Asset Name	Term Loan B (08/18)
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	2.50%
LIBOR Floor	0%
Current Rate (All In)	5.02%
Maturity Date	Aug. 18, 2025
Principal/ Number of Shares | shares	3,530,000
Cost	$ 3,522,471
Fair Value	$ 3,426,324
Holley Purchaser, Inc [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Automotive
Asset Name	Term Loan (11/21)
Asset Type	Loan
Reference Rate	3M USD LIBOR+
Reference Spread	3.75%
LIBOR Floor	0.75%
Current Rate (All In)	6.71%
Maturity Date	Nov. 17, 2028
Principal/ Number of Shares | shares	2,329,821
Cost	$ 2,320,465
Fair Value	$ 2,185,372
Howden Group Holdings [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Banking, Finance, Insurance & Real Estate
Asset Name	Term Loan (1/21)
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	3.25%
LIBOR Floor	0.75%
Current Rate (All In)	5.81%
Maturity Date	Nov. 12, 2027
Principal/ Number of Shares | shares	2,163,171
Cost	$ 2,154,084
Fair Value	$ 2,104,852
Hudson River Trading LLC [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Banking, Finance, Insurance & Real Estate
Asset Name	Term Loan (3/21)
Asset Type	Loan
Reference Rate	3M USD SOFR+
Reference Spread	3%
LIBOR Floor	0%
Current Rate (All In)	6.16%
Maturity Date	Mar. 17, 2028
Principal/ Number of Shares | shares	5,925,000
Cost	$ 5,876,263
Fair Value	$ 5,451,000
Idera, Inc. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	High Tech Industries
Asset Name	Term Loan (02/21)
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	3.75%
LIBOR Floor	0.75%
Current Rate (All In)	6.13%
Maturity Date	Mar. 02, 2028
Principal/ Number of Shares | shares	4,835,595
Cost	$ 4,825,855
Fair Value	$ 4,660,305
IMA Financial Group, Inc. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Banking, Finance, Insurance & Real Estate
Asset Name	Term Loan (10/21)
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	3.75%
LIBOR Floor	0.50%
Current Rate (All In)	6.27%
Maturity Date	Nov. 01, 2028
Principal/ Number of Shares | shares	1,990,000
Cost	$ 1,981,214
Fair Value	$ 1,924,091
INDY US BIDCO, LLC [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Services: Business
Asset Name	Term Loan (11/21)
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	3.75%
LIBOR Floor	0%
Current Rate (All In)	6.27%
Maturity Date	Mar. 06, 2028
Principal/ Number of Shares | shares	2,226,922
Cost	$ 2,226,557
Fair Value	$ 2,124,862
INEOS US PETROCHEM LLC [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Chemicals, Plastics, & Rubber
Asset Name	Term Loan (1/21)
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	2.75%
LIBOR Floor	0.50%
Current Rate (All In)	5.27%
Maturity Date	Jan. 29, 2026
Principal/ Number of Shares | shares	1,990,000
Cost	$ 1,931,622
Fair Value	$ 1,938,598
Informatica Inc. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	High Tech Industries
Asset Name	Term Loan B (10/21)
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	2.75%
LIBOR Floor	0%
Current Rate (All In)	5.31%
Maturity Date	Oct. 27, 2028
Principal/ Number of Shares | shares	498,750
Cost	$ 498,239
Fair Value	$ 485,658
Ingram Micro Inc. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	High Tech Industries
Asset Name	Term Loan
Asset Type	Loan
Reference Rate	3M USD LIBOR+
Reference Spread	3.50%
LIBOR Floor	0.50%
Current Rate (All In)	5.75%
Maturity Date	Jun. 30, 2028
Principal/ Number of Shares | shares	1,485,000
Cost	$ 1,472,113
Fair Value	$ 1,425,600
Inmar Acquisition Sub, Inc. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Services: Business
Asset Name	Term Loan B
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	4%
LIBOR Floor	1%
Current Rate (All In)	6.52%
Maturity Date	May 01, 2024
Principal/ Number of Shares | shares	3,368,401
Cost	$ 3,335,107
Fair Value	$ 3,251,349
Innophos, Inc. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Chemicals, Plastics, & Rubber
Asset Name	Term Loan B
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	3.25%
LIBOR Floor	0%
Current Rate (All In)	5.77%
Maturity Date	Feb. 04, 2027
Principal/ Number of Shares | shares	488,750
Cost	$ 487,133
Fair Value	$ 478,364
INSTANT BRANDS HOLDINGS INC. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Consumer goods: Durable
Asset Name	Term Loan 4/21
Asset Type	Loan
Reference Rate	6M USD LIBOR+
Reference Spread	5%
LIBOR Floor	0.75%
Current Rate (All In)	7.08%
Maturity Date	Apr. 07, 2028
Principal/ Number of Shares | shares	4,197,850
Cost	$ 4,178,402
Fair Value	$ 3,211,355
INSTRUCTURE HOLDINGS, INC. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	High Tech Industries
Asset Name	Term Loan B
Asset Type	Loan
Reference Rate	6M USD LIBOR+
Reference Spread	2.75%
LIBOR Floor	0.50%
Current Rate (All In)	6.12%
Maturity Date	Oct. 30, 2028
Principal/ Number of Shares | shares	498,750
Cost	$ 497,660
Fair Value	$ 488,775
Isagenix International, LLC [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Beverage, Food & Tobacco
Asset Name	Term Loan
Asset Type	Loan
Reference Rate	3M USD LIBOR+
Reference Spread	5.75%
LIBOR Floor	1%
Current Rate (All In)	7.93%
Maturity Date	Jun. 14, 2025
Principal/ Number of Shares | shares	2,330,036
Cost	$ 2,308,136
Fair Value	$ 1,048,516
Ivory Merger Sub, Inc. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Healthcare & Pharmaceuticals
Asset Name	Term Loan
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	3.50%
LIBOR Floor	0%
Current Rate (All In)	5.88%
Maturity Date	Mar. 14, 2025
Principal/ Number of Shares | shares	2,941,816
Cost	$ 2,926,353
Fair Value	$ 2,741,419
J Jill Group, Inc [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Retail
Asset Name	Priming Term Loan
Asset Type	Loan
Reference Rate	3M USD LIBOR+
Reference Spread	5%
LIBOR Floor	1%
Current Rate (All In)	7.81%
Maturity Date	May 08, 2024
Principal/ Number of Shares | shares	1,564,303
Cost	$ 1,563,639
Fair Value	$ 1,433,292
Jane Street Group [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Banking, Finance, Insurance & Real Estate
Asset Name	Term Loan (1/21)
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	2.75%
LIBOR Floor	0%
Current Rate (All In)	5.27%
Maturity Date	Jan. 31, 2028
Principal/ Number of Shares | shares	3,940,000
Cost	$ 3,935,292
Fair Value	$ 3,853,005
Journey Personal Care Corp. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Consumer goods: Non-durable
Asset Name	Term Loan B
Asset Type	Loan
Reference Rate	3M USD LIBOR+
Reference Spread	4.25%
LIBOR Floor	0.75%
Current Rate (All In)	6.50%
Maturity Date	Mar. 01, 2028
Principal/ Number of Shares | shares	990,000
Cost	$ 985,806
Fair Value	$ 675,675
JP Intermediate B, LLC [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Consumer goods: Non-durable
Asset Name	Term Loan
Asset Type	Loan
Reference Rate	3M USD LIBOR+
Reference Spread	5.50%
LIBOR Floor	1%
Current Rate (All In)	8.31%
Maturity Date	Nov. 15, 2025
Principal/ Number of Shares | shares	4,019,089
Cost	$ 3,995,346
Fair Value	$ 3,223,872
Klockner-Pentaplast of America, Inc. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Containers, Packaging & Glass
Asset Name	Term Loan (1/21) (USD)
Asset Type	Loan
Reference Rate	6M USD LIBOR+
Reference Spread	4.75%
LIBOR Floor	0.50%
Current Rate (All In)	5.55%
Maturity Date	Feb. 12, 2026
Principal/ Number of Shares | shares	1,481,250
Cost	$ 1,476,161
Fair Value	$ 1,356,573
Kodiak BP, LLC [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Construction & Building
Asset Name	Term Loan
Asset Type	Loan
Reference Rate	3M USD LIBOR+
Reference Spread	3.25%
LIBOR Floor	0.75%
Current Rate (All In)	5.50%
Maturity Date	Mar. 13, 2028
Principal/ Number of Shares | shares	493,750
Cost	$ 492,380
Fair Value	$ 469,063
KREF Holdings X LLC Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Banking, Finance, Insurance & Real Estate
Asset Name	Term Loan (11/21)
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	3.50%
LIBOR Floor	0.50%
Current Rate (All In)	5.94%
Maturity Date	Sep. 01, 2027
Principal/ Number of Shares | shares	493,769
Cost	$ 484,453
Fair Value	$ 481,425
Lakeland Tours, LLC [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Hotel, Gaming & Leisure
Asset Name	Third Out PIK Term Loan
Asset Type	Loan
Reference Rate	3M USD LIBOR+
Reference Spread	1.50%
LIBOR Floor	1.25%
Current Rate (All In)	4.31%
Maturity Date	Sep. 25, 2025
Principal/ Number of Shares | shares	839,106
Cost	$ 588,664
Fair Value	$ 693,663
Lakeland Tours, LLC One [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Hotel, Gaming & Leisure
Asset Name	Holdco Fixed Term Loan
Asset Type	Loan
Reference Rate	Fixed
Reference Spread	0%
LIBOR Floor	0%
Current Rate (All In)	13.25%
Maturity Date	Sep. 27, 2027
Principal/ Number of Shares | shares	928,253
Cost	$ 303,783
Fair Value	$ 595,632
Lealand Finance Company B.V. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Energy: Oil & Gas
Asset Name	Exit Term Loan
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	1%
LIBOR Floor	0%
Current Rate (All In)	3.52%
Maturity Date	Jun. 30, 2025
Principal/ Number of Shares | shares	339,918
Cost	$ 339,918
Fair Value	$ 170,809
Learfield Communications, Inc [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Media: Advertising, Printing & Publishing
Asset Name	Initial Term Loan (A-L Parent)
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	3.25%
LIBOR Floor	1%
Current Rate (All In)	5.78%
Maturity Date	Dec. 01, 2023
Principal/ Number of Shares | shares	472,500
Cost	$ 472,056
Fair Value	$ 412,001
Lifetime Brands, Inc [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Consumer goods: Non-durable
Asset Name	Term Loan B
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	3.50%
LIBOR Floor	1%
Current Rate (All In)	6.02%
Maturity Date	Feb. 28, 2025
Principal/ Number of Shares | shares	2,616,496
Cost	$ 2,598,667
Fair Value	$ 2,524,918
LIGHTSTONE HOLDCO LLC [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Energy: Electricity
Asset Name	Term Loan 5/22
Asset Type	Loan
Reference Rate	1M USD SOFR+
Reference Spread	5.75%
LIBOR Floor	1%
Current Rate (All In)	8.05%
Maturity Date	Feb. 01, 2027
Principal/ Number of Shares | shares	1,238,581
Cost	$ 1,237,866
Fair Value	$ 1,110,301
LIGHTSTONE HOLDCO LLC One [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Energy: Electricity
Asset Name	Term Loan C 5/22
Asset Type	Loan
Reference Rate	1M USD SOFR+
Reference Spread	5.75%
LIBOR Floor	1%
Current Rate (All In)	8.05%
Maturity Date	Feb. 01, 2027
Principal/ Number of Shares | shares	70,053
Cost	$ 70,014
Fair Value	$ 62,798
Liquid Tech Solutions Holdings, LLC [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Services: Business
Asset Name	Term Loan
Asset Type	Loan
Reference Rate	3M USD LIBOR+
Reference Spread	4.75%
LIBOR Floor	0%
Current Rate (All In)	7%
Maturity Date	Mar. 17, 2028
Principal/ Number of Shares | shares	990,000
Cost	$ 986,841
Fair Value	$ 955,350
LogMeIn, Inc. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	High Tech Industries
Asset Name	Term Loan (8/20)
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	4.75%
LIBOR Floor	0%
Current Rate (All In)	7.12%
Maturity Date	Aug. 31, 2027
Principal/ Number of Shares | shares	3,940,000
Cost	$ 3,882,660
Fair Value	$ 3,057,440
LOYALTY VENTURES INC. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Services: Business
Asset Name	Term Loan B
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	4.50%
LIBOR Floor	0.50%
Current Rate (All In)	7.02%
Maturity Date	Nov. 03, 2027
Principal/ Number of Shares | shares	3,214,885
Cost	$ 3,197,686
Fair Value	$ 2,322,755
LPL Holdings, Inc. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Banking, Finance, Insurance & Real Estate
Asset Name	Term Loan B1
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	1.75%
LIBOR Floor	0%
Current Rate (All In)	4.12%
Maturity Date	Nov. 11, 2026
Principal/ Number of Shares | shares	1,214,082
Cost	$ 1,212,236
Fair Value	$ 1,186,255
LSF11 A5 HOLDCO LLC [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Chemicals, Plastics, & Rubber
Asset Name	Term Loan
Asset Type	Loan
Reference Rate	1M USD SOFR+
Reference Spread	3.50%
LIBOR Floor	0.50%
Current Rate (All In)	6.07%
Maturity Date	Oct. 16, 2028
Principal/ Number of Shares | shares	249,375
Cost	$ 248,305
Fair Value	$ 243,530
LSF9 Atlantis Holdings, LLC (A Wireless) [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Retail
Asset Name	Term Loan B
Asset Type	Loan
Reference Rate	3M USD SOFR+
Reference Spread	7.25%
LIBOR Floor	0.75%
Current Rate (All In)	9.30%
Maturity Date	Mar. 29, 2029
Principal/ Number of Shares | shares	3,000,000
Cost	$ 2,903,617
Fair Value	$ 2,917,500
MA FinanceCo LLC [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	High Tech Industries
Asset Name	Term Loan B4
Asset Type	Loan
Reference Rate	3M USD LIBOR+
Reference Spread	4.25%
LIBOR Floor	1%
Current Rate (All In)	5.92%
Maturity Date	Jun. 05, 2025
Principal/ Number of Shares | shares	2,876,682
Cost	$ 2,825,841
Fair Value	$ 2,835,344
MAGNITE, INC. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Services: Business
Asset Name	Term Loan
Asset Type	Loan
Reference Rate	3M USD LIBOR+
Reference Spread	5%
LIBOR Floor	0.75%
Current Rate (All In)	8.07%
Maturity Date	Apr. 28, 2028
Principal/ Number of Shares | shares	1,980,000
Cost	$ 1,939,001
Fair Value	$ 1,900,800
Marriott Ownership Resorts, Inc. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Hotel, Gaming & Leisure
Asset Name	Term Loan (11/19)
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	1.75%
LIBOR Floor	0%
Current Rate (All In)	4.27%
Maturity Date	Aug. 29, 2025
Principal/ Number of Shares | shares	1,317,074
Cost	$ 1,317,074
Fair Value	$ 1,281,513
Match Group, Inc, The [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Services: Consumer
Asset Name	Term Loan (1/20)
Asset Type	Loan
Reference Rate	3M USD LIBOR+
Reference Spread	1.75%
LIBOR Floor	0%
Current Rate (All In)	4.69%
Maturity Date	Feb. 15, 2027
Principal/ Number of Shares | shares	250,000
Cost	$ 249,611
Fair Value	$ 242,500
Mayfield Agency Borrower Inc. (FeeCo) [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Banking, Finance, Insurance & Real Estate
Asset Name	Term Loan
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	4.50%
LIBOR Floor	0%
Current Rate (All In)	7.02%
Maturity Date	Feb. 28, 2025
Principal/ Number of Shares | shares	3,374,500
Cost	$ 3,355,043
Fair Value	$ 3,251,128
McGraw-Hill Education, Inc. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Media: Advertising, Printing & Publishing
Asset Name	Term Loan (07/21)
Asset Type	Loan
Reference Rate	6M USD LIBOR+
Reference Spread	4.75%
LIBOR Floor	0.50%
Current Rate (All In)	8.32%
Maturity Date	Jul. 28, 2028
Principal/ Number of Shares | shares	1,985,000
Cost	$ 1,967,344
Fair Value	$ 1,915,525
MedAssets Software Inter Hldg, Inc. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	High Tech Industries
Asset Name	Term Loan (11/21) (USD)
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	4%
LIBOR Floor	0.50%
Current Rate (All In)	6.49%
Maturity Date	Dec. 18, 2028
Principal/ Number of Shares | shares	498,750
Cost	$ 495,632
Fair Value	$ 479,423
Mermaid Bidco Inc. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	High Tech Industries
Asset Name	Term Loan B2
Asset Type	Loan
Reference Rate	3M USD LIBOR+
Reference Spread	3.50%
LIBOR Floor	0.75%
Current Rate (All In)	6.30%
Maturity Date	Dec. 22, 2027
Principal/ Number of Shares | shares	988,763
Cost	$ 985,894
Fair Value	$ 939,324
Messer Industries, LLC [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Chemicals, Plastics, & Rubber
Asset Name	Term Loan B
Asset Type	Loan
Reference Rate	3M USD LIBOR+
Reference Spread	2.50%
LIBOR Floor	0%
Current Rate (All In)	4.75%
Maturity Date	Mar. 01, 2026
Principal/ Number of Shares | shares	3,361,400
Cost	$ 3,348,049
Fair Value	$ 3,293,332
Michaels Companies Inc [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Retail
Asset Name	Term Loan B (Magic Mergeco)
Asset Type	Loan
Reference Rate	3M USD LIBOR+
Reference Spread	4.25%
LIBOR Floor	0.75%
Current Rate (All In)	6.50%
Maturity Date	Apr. 08, 2028
Principal/ Number of Shares | shares	2,479,975
Cost	$ 2,463,197
Fair Value	$ 2,048,310
Milk Specialties Company [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Beverage, Food & Tobacco
Asset Name	Term Loan (6/21)
Asset Type	Loan
Reference Rate	3M USD LIBOR+
Reference Spread	4%
LIBOR Floor	1%
Current Rate (All In)	6.25%
Maturity Date	Aug. 15, 2025
Principal/ Number of Shares | shares	3,782,457
Cost	$ 3,758,895
Fair Value	$ 3,723,034
MJH Healthcare Holdings, LLC [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Healthcare & Pharmaceuticals
Asset Name	Term Loan B (01/22)
Asset Type	Loan
Reference Rate	1M USD SOFR+
Reference Spread	3.50%
LIBOR Floor	0.50%
Current Rate (All In)	6.06%
Maturity Date	Jan. 28, 2029
Principal/ Number of Shares | shares	249,375
Cost	$ 248,256
Fair Value	$ 236,906
MRC Global Inc. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Metals & Mining
Asset Name	Term Loan B2
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	3%
LIBOR Floor	0%
Current Rate (All In)	5.52%
Maturity Date	Sep. 20, 2024
Principal/ Number of Shares | shares	350,559
Cost	$ 350,285
Fair Value	$ 340,627
MW Industries, Inc. (Helix Acquisition Holdings) [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Capital Equipment
Asset Name	Term Loan (2019 Incremental)
Asset Type	Loan
Reference Rate	3M USD LIBOR+
Reference Spread	3.75%
LIBOR Floor	0%
Current Rate (All In)	6%
Maturity Date	Sep. 30, 2024
Principal/ Number of Shares | shares	2,842,097
Cost	$ 2,818,327
Fair Value	$ 2,752,088
NAB Holdings, LLC (North American Bancard) [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Banking, Finance, Insurance & Real Estate
Asset Name	Term Loan (11/21)
Asset Type	Loan
Reference Rate	3M USD SOFR+
Reference Spread	3%
LIBOR Floor	0.50%
Current Rate (All In)	5.20%
Maturity Date	Nov. 23, 2028
Principal/ Number of Shares | shares	2,985,000
Cost	$ 2,978,402
Fair Value	$ 2,879,898
Natgasoline LLC [Member
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Chemicals, Plastics, & Rubber
Asset Name	Term Loan
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	3.50%
LIBOR Floor	0%
Current Rate (All In)	6.06%
Maturity Date	Nov. 14, 2025
Principal/ Number of Shares | shares	3,454,379
Cost	$ 3,433,630
Fair Value	$ 3,350,748
National Mentor Holdings, Inc. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Healthcare & Pharmaceuticals
Asset Name	Term Loan 2/21
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	3.75%
LIBOR Floor	0.75%
Current Rate (All In)	6.28%
Maturity Date	Mar. 02, 2028
Principal/ Number of Shares | shares	2,749,967
Cost	$ 2,740,611
Fair Value	$ 2,323,722
National Mentor Holdings, Inc. One [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Healthcare & Pharmaceuticals
Asset Name	Term Loan C 2/21
Asset Type	Loan
Reference Rate	3M USD LIBOR+
Reference Spread	3.75%
LIBOR Floor	0.75%
Current Rate (All In)	6.01%
Maturity Date	Mar. 02, 2028
Principal/ Number of Shares | shares	87,464
Cost	$ 87,111
Fair Value	$ 73,907
NEW ERA CAP, LLC [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Consumer goods: Durable
Asset Name	Term Loan (01/22)
Asset Type	Loan
Reference Rate	3M USD LIBOR+
Reference Spread	6%
LIBOR Floor	0.75%
Current Rate (All In)	8.46%
Maturity Date	Jul. 13, 2027
Principal/ Number of Shares | shares	3,722,402
Cost	$ 3,721,366
Fair Value	$ 3,461,834
Nexstar Broadcasting, Inc. (Mission Broadcasting) [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Media: Broadcasting & Subscription
Asset Name	Term Loan
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	2.50%
LIBOR Floor	0%
Current Rate (All In)	5.02%
Maturity Date	Sep. 18, 2026
Principal/ Number of Shares | shares	724,176
Cost	$ 718,006
Fair Value	$ 717,390
Next Level Apparel, Inc. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Retail
Asset Name	Term Loan
Asset Type	Loan
Reference Rate	3M USD LIBOR+
Reference Spread	5.50%
LIBOR Floor	1%
Current Rate (All In)	7.86%
Maturity Date	Aug. 09, 2024
Principal/ Number of Shares | shares	1,700,340
Cost	$ 1,693,877
Fair Value	$ 1,598,320
NM Z Parent Inc (Zep Inc) [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Construction & Building
Asset Name	Term Loan B
Asset Type	Loan
Reference Rate	6M USD LIBOR+
Reference Spread	2.50%
LIBOR Floor	0.50%
Current Rate (All In)	3.79%
Maturity Date	Sep. 22, 2028
Principal/ Number of Shares | shares	635,250
Cost	$ 629,751
Fair Value	$ 628,218
NorthPole Newco S.a.r.l [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Aerospace & Defense
Asset Name	Term Loan
Asset Type	Loan
Reference Rate	Prime+
Reference Spread	7%
LIBOR Floor	0%
Current Rate (All In)	12.50%
Maturity Date	Mar. 03, 2025
Principal/ Number of Shares | shares	5,348,887
Cost	$ 5,074,545
Fair Value	$ 472,467
NortonLifeLock Inc. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	High Tech Industries
Asset Name	Term Loan B
Asset Type	Loan
Reference Rate	1M USD SOFR+
Reference Spread	2%
LIBOR Floor	0.50%
Current Rate (All In)	4.32%
Maturity Date	Jan. 28, 2029
Principal/ Number of Shares | shares	1,500,000
Cost	$ 1,492,500
Fair Value	$ 1,453,125
Novae LLC [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Automotive
Asset Name	Term Loan
Asset Type	Loan
Reference Rate	3M USD SOFR+
Reference Spread	5%
LIBOR Floor	0.75%
Current Rate (All In)	7.73%
Maturity Date	Dec. 22, 2028
Principal/ Number of Shares | shares	443,333
Cost	$ 443,333
Fair Value	$ 412,300
Novae LLC One [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Automotive
Asset Name	Term Loan B
Asset Type	Loan
Reference Rate	3M USD SOFR+
Reference Spread	5%
LIBOR Floor	0.75%
Current Rate (All In)	7.73%
Maturity Date	Dec. 22, 2028
Principal/ Number of Shares | shares	1,551,667
Cost	$ 1,537,525
Fair Value	$ 1,443,050
Nuvei Technologies Corp. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	High Tech Industries
Asset Name	US Term Loan
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	2.50%
LIBOR Floor	0.50%
Current Rate (All In)	5.02%
Maturity Date	Sep. 29, 2025
Principal/ Number of Shares | shares	2,227,500
Cost	$ 2,223,636
Fair Value	$ 2,194,088
Olaplex, Inc. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Consumer goods: Non-durable
Asset Name	Term Loan (2/22)
Asset Type	Loan
Reference Rate	3M USD SOFR+
Reference Spread	3.75%
LIBOR Floor	0.50%
Current Rate (All In)	6.39%
Maturity Date	Feb. 23, 2029
Principal/ Number of Shares | shares	997,500
Cost	$ 995,282
Fair Value	$ 965,081
Organon & Co. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Healthcare & Pharmaceuticals
Asset Name	Term Loan USD
Asset Type	Loan
Reference Rate	3M USD LIBOR+
Reference Spread	3%
LIBOR Floor	0.50%
Current Rate (All In)	4.63%
Maturity Date	Jun. 02, 2028
Principal/ Number of Shares | shares	2,327,083
Cost	$ 2,317,416
Fair Value	$ 2,297,995
Pacific Gas & Electric [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Utilities: Electric
Asset Name	Term Loan
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	3%
LIBOR Floor	0.50%
Current Rate (All In)	5.56%
Maturity Date	Jun. 18, 2025
Principal/ Number of Shares | shares	1,472,456
Cost	$ 1,467,485
Fair Value	$ 1,442,094
PACTIV EVERGREEN GROUP HOLDINGS INC. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Containers, Packaging & Glass
Asset Name	Term Loan B
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	3.50%
LIBOR Floor	0.50%
Current Rate (All In)	6.02%
Maturity Date	Sep. 20, 2028
Principal/ Number of Shares | shares	992,500
Cost	$ 988,180
Fair Value	$ 964,144
Padagis LLC [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Healthcare & Pharmaceuticals
Asset Name	Term Loan
Asset Type	Loan
Reference Rate	3M USD LIBOR+
Reference Spread	4.75%
LIBOR Floor	0.50%
Current Rate (All In)	7.04%
Maturity Date	Jul. 06, 2028
Principal/ Number of Shares | shares	941,176
Cost	$ 933,049
Fair Value	$ 861,176
Panther Guarantor II, L.P. (Forcepoint) [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	High Tech Industries
Asset Name	Term Loan 1/21
Asset Type	Loan
Reference Rate	3M USD LIBOR+
Reference Spread	4.50%
LIBOR Floor	0.50%
Current Rate (All In)	7.31%
Maturity Date	Jan. 07, 2028
Principal/ Number of Shares | shares	495,000
Cost	$ 492,124
Fair Value	$ 464,889
PATAGONIA HOLDCO LLC [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Telecommunications
Asset Name	Term Loan B
Asset Type	Loan
Reference Rate	3M USD SOFR+
Reference Spread	5.75%
LIBOR Floor	0.50%
Current Rate (All In)	8.39%
Maturity Date	Aug. 01, 2029
Principal/ Number of Shares | shares	2,000,000
Cost	$ 1,641,510
Fair Value	$ 1,691,660
Pathway Partners Vet Management Company LLC [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Services: Business
Asset Name	Term Loan
Asset Type	Loan
Reference Rate	3M USD LIBOR+
Reference Spread	3.75%
LIBOR Floor	0%
Current Rate (All In)	6%
Maturity Date	Mar. 30, 2027
Principal/ Number of Shares | shares	488,991
Cost	$ 480,942
Fair Value	$ 460,385
PCI Gaming Authority [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Hotel, Gaming & Leisure
Asset Name	Term Loan
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	2.50%
LIBOR Floor	0%
Current Rate (All In)	5.02%
Maturity Date	May 29, 2026
Principal/ Number of Shares | shares	809,038
Cost	$ 806,635
Fair Value	$ 790,382
PEARLS (Netherlands) Bidco B.V. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Chemicals, Plastics, & Rubber
Asset Name	USD Term Loan (02/22)
Asset Type	Loan
Reference Rate	1M USD SOFR+
Reference Spread	4%
LIBOR Floor	0.50%
Current Rate (All In)	6.41%
Maturity Date	Feb. 28, 2029
Principal/ Number of Shares | shares	997,500
Cost	$ 995,328
Fair Value	$ 935,156
PECF USS INTERMEDIATE HOLDING III CORPORATION [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Environmental Industries
Asset Name	Term Loan B
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	4.25%
LIBOR Floor	0.50%
Current Rate (All In)	6.77%
Maturity Date	Dec. 15, 2028
Principal/ Number of Shares | shares	99,500
Cost	$ 99,304
Fair Value	$ 92,460
PEDIATRIC ASSOCIATES HOLDING COMPANY, LLC [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Healthcare & Pharmaceuticals
Asset Name	Delayed Draw Term Loan (12/21)
Asset Type	Loan
Reference Rate	6M USD LIBOR+
Reference Spread	3.25%
LIBOR Floor	0%
Current Rate (All In)	4.92%
Maturity Date	Dec. 29, 2028
Principal/ Number of Shares | shares	98,438
Cost	$ 98,438
Fair Value	$ 93,509
PEDIATRIC ASSOCIATES HOLDING COMPANY, LLC One [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Healthcare & Pharmaceuticals
Asset Name	Term Loan (12/22)
Asset Type	Loan
Reference Rate	6M USD LIBOR+
Reference Spread	3.25%
LIBOR Floor	0.50%
Current Rate (All In)	5.08%
Maturity Date	Dec. 29, 2028
Principal/ Number of Shares | shares	1,299,375
Cost	$ 1,293,429
Fair Value	$ 1,266,891
Penn National Gaming, Inc [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Hotel, Gaming & Leisure
Asset Name	Term Loan B
Asset Type	Loan
Reference Rate	1M USD SOFR+
Reference Spread	2.75%
LIBOR Floor	0.50%
Current Rate (All In)	5.31%
Maturity Date	May 03, 2029
Principal/ Number of Shares | shares	1,000,000
Cost	$ 995,117
Fair Value	$ 979,130
Peraton Corp. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Aerospace & Defense
Asset Name	Term Loan B
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	3.75%
LIBOR Floor	0.75%
Current Rate (All In)	6.27%
Maturity Date	Feb. 01, 2028
Principal/ Number of Shares | shares	5,334,084
Cost	$ 5,314,731
Fair Value	$ 5,174,061
PHYSICIAN PARTNERS, LLC [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Healthcare & Pharmaceuticals
Asset Name	Term Loan
Asset Type	Loan
Reference Rate	1M USD SOFR+
Reference Spread	4%
LIBOR Floor	0.50%
Current Rate (All In)	6.56%
Maturity Date	Dec. 23, 2028
Principal/ Number of Shares | shares	1,995,000
Cost	$ 1,976,571
Fair Value	$ 1,915,200
Pike Corporation [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Construction & Building
Asset Name	Term Loan (8/22)
Asset Type	Loan
Reference Rate	1M USD SOFR+
Reference Spread	3.50%
LIBOR Floor	0%
Current Rate (All In)	5.81%
Maturity Date	Jan. 21, 2028
Principal/ Number of Shares | shares	500,000
Cost	$ 487,554
Fair Value	$ 491,250
Ping Identity Corporation [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	High Tech Industries
Asset Name	Term Loan B (11/21)
Asset Type	Loan
Reference Rate	1M USD SOFR+
Reference Spread	3.75%
LIBOR Floor	0.50%
Current Rate (All In)	6.31%
Maturity Date	Nov. 22, 2028
Principal/ Number of Shares | shares	997,500
Cost	$ 992,975
Fair Value	$ 995,006
Pitney Bowes Inc [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Services: Business
Asset Name	Term Loan B
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	4%
LIBOR Floor	0%
Current Rate (All In)	6.38%
Maturity Date	Mar. 17, 2028
Principal/ Number of Shares | shares	3,959,975
Cost	$ 3,932,460
Fair Value	$ 3,662,977
Plastipak Holdings Inc. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Containers, Packaging & Glass
Asset Name	Term Loan B (11/21)
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	2.50%
LIBOR Floor	0.50%
Current Rate (All In)	5.06%
Maturity Date	Dec. 01, 2028
Principal/ Number of Shares | shares	1,931,176
Cost	$ 1,922,443
Fair Value	$ 1,884,114
Playtika Holding Corp. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	High Tech Industries
Asset Name	Term Loan B (3/21)
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	2.75%
LIBOR Floor	0%
Current Rate (All In)	5.27%
Maturity Date	Mar. 13, 2028
Principal/ Number of Shares | shares	4,443,750
Cost	$ 4,435,527
Fair Value	$ 4,341,011
PMHC II, INC. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Chemicals, Plastics, & Rubber
Asset Name	Term Loan (02/22)
Asset Type	Loan
Reference Rate	3M USD SOFR+
Reference Spread	4.25%
LIBOR Floor	0.50%
Current Rate (All In)	6.98%
Maturity Date	Apr. 21, 2029
Principal/ Number of Shares | shares	2,000,000
Cost	$ 1,990,636
Fair Value	$ 1,786,120
PointClickCare Technologies, Inc. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	High Tech Industries
Asset Name	Term Loan B
Asset Type	Loan
Reference Rate	6M USD LIBOR+
Reference Spread	3%
LIBOR Floor	0.75%
Current Rate (All In)	5.94%
Maturity Date	Dec. 29, 2027
Principal/ Number of Shares | shares	493,750
Cost	$ 491,860
Fair Value	$ 481,406
Polymer Process Holdings, Inc. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Containers, Packaging & Glass
Asset Name	Term Loan
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	4.75%
LIBOR Floor	0.75%
Current Rate (All In)	7.27%
Maturity Date	Feb. 12, 2028
Principal/ Number of Shares | shares	5,431,250
Cost	$ 5,381,558
Fair Value	$ 5,023,906
Pre-Paid Legal Services, Inc. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Services: Consumer
Asset Name	Term Loan (12/21)
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	3.75%
LIBOR Floor	0.50%
Current Rate (All In)	6.12%
Maturity Date	Dec. 15, 2028
Principal/ Number of Shares | shares	2,992,500
Cost	$ 2,969,469
Fair Value	$ 2,908,351
Presidio, Inc. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Services: Business
Asset Name	Term Loan B (1/20)
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	3.50%
LIBOR Floor	0%
Current Rate (All In)	6.03%
Maturity Date	Jan. 22, 2027
Principal/ Number of Shares | shares	490,000
Cost	$ 489,314
Fair Value	$ 481,631
Prime Security Services Borrower, LLC (ADT) [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Services: Consumer
Asset Name	Term Loan (1/21)
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	2.75%
LIBOR Floor	0.75%
Current Rate (All In)	5.11%
Maturity Date	Sep. 23, 2026
Principal/ Number of Shares | shares	3,538,384
Cost	$ 3,538,162
Fair Value	$ 3,451,587
PRIORITY HOLDINGS, LLC [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Services: Consumer
Asset Name	Term Loan
Asset Type	Loan
Reference Rate	3M USD LIBOR+
Reference Spread	5.75%
LIBOR Floor	1%
Current Rate (All In)	8.55%
Maturity Date	Apr. 27, 2027
Principal/ Number of Shares | shares	2,970,000
Cost	$ 2,944,939
Fair Value	$ 2,889,810
PriSo Acquisition Corporation [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Construction & Building
Asset Name	Term Loan (01/21)
Asset Type	Loan
Reference Rate	3M USD LIBOR+
Reference Spread	3.25%
LIBOR Floor	0.75%
Current Rate (All In)	5.53%
Maturity Date	Dec. 28, 2027
Principal/ Number of Shares | shares	493,747
Cost	$ 491,730
Fair Value	$ 447,458
Project Leopard Holdings, Inc. (NEW) [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	High Tech Industries
Asset Name	Term Loan B (06/22)
Asset Type	Loan
Reference Rate	3M USD SOFR+
Reference Spread	5.25%
LIBOR Floor	0.50%
Current Rate (All In)	7.83%
Maturity Date	Jul. 20, 2029
Principal/ Number of Shares | shares	1,000,000
Cost	$ 930,746
Fair Value	$ 932,500
Prometric Inc. (Sarbacane Bidco) [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Services: Consumer
Asset Name	Term Loan
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	3%
LIBOR Floor	1%
Current Rate (All In)	5.53%
Maturity Date	Jan. 29, 2025
Principal/ Number of Shares | shares	478,913
Cost	$ 478,045
Fair Value	$ 457,361
PUG LLC [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Services: Consumer
Asset Name	Term Loan B (02/20)
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	3.50%
LIBOR Floor	0%
Current Rate (All In)	6.02%
Maturity Date	Feb. 12, 2027
Principal/ Number of Shares | shares	482,600
Cost	$ 480,985
Fair Value	$ 451,835
QUEST BORROWER LIMITED [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	High Tech Industries
Asset Name	Term Loan (1/22)
Asset Type	Loan
Reference Rate	3M USD SOFR+
Reference Spread	4.25%
LIBOR Floor	0.50%
Current Rate (All In)	6.98%
Maturity Date	Feb. 01, 2029
Principal/ Number of Shares | shares	2,000,000
Cost	$ 1,981,727
Fair Value	$ 1,812,780
Rackspace Technology Global, Inc. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	High Tech Industries
Asset Name	Term Loan (1/21)
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	2.75%
LIBOR Floor	0.75%
Current Rate (All In)	5.62%
Maturity Date	Feb. 15, 2028
Principal/ Number of Shares | shares	2,989,962
Cost	$ 2,890,155
Fair Value	$ 2,406,501
RealPage, Inc. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	High Tech Industries
Asset Name	Term Loan (04/21)
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	3%
LIBOR Floor	0.50%
Current Rate (All In)	5.52%
Maturity Date	Apr. 24, 2028
Principal/ Number of Shares | shares	992,500
Cost	$ 990,556
Fair Value	$ 953,485
Renaissance Learning, Inc. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Services: Consumer
Asset Name	Term Loan (5/18)
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	3.25%
LIBOR Floor	0%
Current Rate (All In)	5.77%
Maturity Date	May 30, 2025
Principal/ Number of Shares | shares	2,953,757
Cost	$ 2,933,719
Fair Value	$ 2,869,309
Rent-A-Center, Inc. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Retail
Asset Name	Term Loan B2 (9/21)
Asset Type	Loan
Reference Rate	3M USD LIBOR+
Reference Spread	3.25%
LIBOR Floor	0.50%
Current Rate (All In)	6.06%
Maturity Date	Feb. 17, 2028
Principal/ Number of Shares | shares	1,986,212
Cost	$ 1,940,894
Fair Value	$ 1,919,178
Research Now Group, Inc [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Media: Advertising, Printing & Publishing
Asset Name	Term Loan
Asset Type	Loan
Reference Rate	6M USD LIBOR+
Reference Spread	5.50%
LIBOR Floor	1%
Current Rate (All In)	8.84%
Maturity Date	Dec. 20, 2024
Principal/ Number of Shares | shares	4,320,757
Cost	$ 4,257,864
Fair Value	$ 3,990,392
Resideo Funding Inc. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Services: Consumer
Asset Name	Term Loan (1/21)
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	2.25%
LIBOR Floor	0.50%
Current Rate (All In)	4.66%
Maturity Date	Feb. 11, 2028
Principal/ Number of Shares | shares	1,481,250
Cost	$ 1,479,017
Fair Value	$ 1,461,816
Resolute Investment Managers (American Beacon), Inc. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Banking, Finance, Insurance & Real Estate
Asset Name	Term Loan (10/20)
Asset Type	Loan
Reference Rate	3M USD LIBOR+
Reference Spread	4.25%
LIBOR Floor	1%
Current Rate (All In)	6.50%
Maturity Date	Apr. 30, 2024
Principal/ Number of Shares | shares	3,061,659
Cost	$ 3,056,618
Fair Value	$ 2,786,110
Restoration Hardware, Inc. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Retail
Asset Name	Term Loan (9/21)
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	2.50%
LIBOR Floor	0.50%
Current Rate (All In)	5.02%
Maturity Date	Oct. 20, 2028
Principal/ Number of Shares | shares	3,479,969
Cost	$ 3,472,961
Fair Value	$ 3,198,091
Reynolds Consumer Products LLC [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Containers, Packaging & Glass
Asset Name	Term Loan
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	1.75%
LIBOR Floor	0%
Current Rate (All In)	4.27%
Maturity Date	Jan. 29, 2027
Principal/ Number of Shares | shares	1,284,432
Cost	$ 1,283,585
Fair Value	$ 1,256,534
Reynolds Group Holdings Inc. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Containers, Packaging & Glass
Asset Name	Term Loan B2
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	3.25%
LIBOR Floor	0%
Current Rate (All In)	5.77%
Maturity Date	Feb. 05, 2026
Principal/ Number of Shares | shares	3,447,500
Cost	$ 3,433,625
Fair Value	$ 3,358,451
Robertshaw US Holding Corp. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Consumer goods: Durable
Asset Name	Term Loan B
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	3.50%
LIBOR Floor	1%
Current Rate (All In)	6.06%
Maturity Date	Feb. 28, 2025
Principal/ Number of Shares | shares	957,500
Cost	$ 956,671
Fair Value	$ 773,478
Rocket Software, Inc. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	High Tech Industries
Asset Name	Term Loan (11/18)
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	4.25%
LIBOR Floor	0%
Current Rate (All In)	6.77%
Maturity Date	Nov. 28, 2025
Principal/ Number of Shares | shares	2,890,253
Cost	$ 2,883,820
Fair Value	$ 2,802,650
Russell Investments US Inst’l Holdco, Inc. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Banking, Finance, Insurance & Real Estate
Asset Name	Term Loan (10/20)
Asset Type	Loan
Reference Rate	6M USD LIBOR+
Reference Spread	3.50%
LIBOR Floor	1%
Current Rate (All In)	5%
Maturity Date	Jun. 02, 2025
Principal/ Number of Shares | shares	5,590,662
Cost	$ 5,559,118
Fair Value	$ 5,279,709
RV Retailer LLC [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Automotive
Asset Name	Term Loan
Asset Type	Loan
Reference Rate	1M USD SOFR+
Reference Spread	3.75%
LIBOR Floor	0.75%
Current Rate (All In)	6.15%
Maturity Date	Feb. 08, 2028
Principal/ Number of Shares | shares	2,972,569
Cost	$ 2,924,056
Fair Value	$ 2,757,057
Ryan Specialty Group LLC [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Banking, Finance, Insurance & Real Estate
Asset Name	Term Loan
Asset Type	Loan
Reference Rate	1M USD SOFR+
Reference Spread	3%
LIBOR Floor	0.75%
Current Rate (All In)	5.56%
Maturity Date	Sep. 01, 2027
Principal/ Number of Shares | shares	1,486,187
Cost	$ 1,473,540
Fair Value	$ 1,463,894
S&S HOLDINGS LLC [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Services: Business
Asset Name	Term Loan
Asset Type	Loan
Reference Rate	3M USD LIBOR+
Reference Spread	5%
LIBOR Floor	0.50%
Current Rate (All In)	6.74%
Maturity Date	Mar. 10, 2028
Principal/ Number of Shares | shares	2,471,231
Cost	$ 2,418,699
Fair Value	$ 2,372,382
Sally Holdings LLC [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Retail
Asset Name	Term Loan B
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	2.25%
LIBOR Floor	0%
Current Rate (All In)	4.78%
Maturity Date	Jul. 05, 2024
Principal/ Number of Shares | shares	743,409
Cost	$ 742,172
Fair Value	$ 734,734
Samsonite International S.A. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Consumer goods: Non-durable
Asset Name	Term Loan B2
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	3%
LIBOR Floor	0.75%
Current Rate (All In)	5.52%
Maturity Date	Apr. 25, 2025
Principal/ Number of Shares | shares	932,499
Cost	$ 916,389
Fair Value	$ 911,854
Schweitzer-Mauduit International, Inc. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	High Tech Industries
Asset Name	Term Loan B
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	3.75%
LIBOR Floor	0.75%
Current Rate (All In)	6.31%
Maturity Date	Apr. 20, 2028
Principal/ Number of Shares | shares	2,970,000
Cost	$ 2,955,834
Fair Value	$ 2,821,500
Scientific Games Holdings LP [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Hotel, Gaming & Leisure
Asset Name	Term Loan B
Asset Type	Loan
Reference Rate	3M USD SOFR+
Reference Spread	3.50%
LIBOR Floor	0.50%
Current Rate (All In)	5.62%
Maturity Date	Apr. 04, 2029
Principal/ Number of Shares | shares	500,000
Cost	$ 498,841
Fair Value	$ 480,905
SETANTA AIRCRAFT LEASING DAC [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Aerospace & Defense
Asset Name	Term Loan
Asset Type	Loan
Reference Rate	3M USD LIBOR+
Reference Spread	2%
LIBOR Floor	0%
Current Rate (All In)	4.25%
Maturity Date	Nov. 02, 2028
Principal/ Number of Shares | shares	1,000,000
Cost	$ 997,801
Fair Value	$ 981,250
Signify Health, LLC [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Healthcare & Pharmaceuticals
Asset Name	Term Loan B (6/21)
Asset Type	Loan
Reference Rate	6M USD LIBOR+
Reference Spread	3.25%
LIBOR Floor	0.50%
Current Rate (All In)	6.13%
Maturity Date	Jun. 16, 2028
Principal/ Number of Shares | shares	496,250
Cost	$ 494,165
Fair Value	$ 491,288
Sitel Worldwide Corporation [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Services: Business
Asset Name	USD Term Loan (7/21)
Asset Type	Loan
Reference Rate	3M USD LIBOR+
Reference Spread	3.75%
LIBOR Floor	0.50%
Current Rate (All In)	6.01%
Maturity Date	Aug. 28, 2028
Principal/ Number of Shares | shares	1,985,000
Cost	$ 1,976,344
Fair Value	$ 1,941,330
SiteOne Landscape Supply, LLC [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Services: Business
Asset Name	Term Loan (3/21)
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	2%
LIBOR Floor	0.50%
Current Rate (All In)	4.53%
Maturity Date	Mar. 18, 2028
Principal/ Number of Shares | shares	781,811
Cost	$ 780,219
Fair Value	$ 771,389
SMG US Midco 2, Inc. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Services: Business
Asset Name	Term Loan (01/20)
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	2.50%
LIBOR Floor	0%
Current Rate (All In)	5.02%
Maturity Date	Jan. 23, 2025
Principal/ Number of Shares | shares	487,500
Cost	$ 487,500
Fair Value	$ 469,623
Sotheby’s [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Services: Business
Asset Name	Term Loan (7/21)
Asset Type	Loan
Reference Rate	3M USD LIBOR+
Reference Spread	4.50%
LIBOR Floor	0.50%
Current Rate (All In)	7.01%
Maturity Date	Jan. 15, 2027
Principal/ Number of Shares | shares	3,240,108
Cost	$ 3,195,622
Fair Value	$ 3,207,707
Sparta U.S. HoldCo LLC [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Chemicals, Plastics, & Rubber
Asset Name	Term Loan (04/21)
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	3.25%
LIBOR Floor	0.75%
Current Rate (All In)	5.61%
Maturity Date	Aug. 02, 2028
Principal/ Number of Shares | shares	1,990,000
Cost	$ 1,981,456
Fair Value	$ 1,929,305
Specialty Pharma III Inc. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Services: Business
Asset Name	Term Loan
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	4.25%
LIBOR Floor	0.75%
Current Rate (All In)	6.62%
Maturity Date	Mar. 31, 2028
Principal/ Number of Shares | shares	1,985,000
Cost	$ 1,968,611
Fair Value	$ 1,855,975
Spectrum Brands, Inc. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Consumer goods: Durable
Asset Name	Term Loan (2/21)
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	2%
LIBOR Floor	0.50%
Current Rate (All In)	4.53%
Maturity Date	Mar. 03, 2028
Principal/ Number of Shares | shares	493,750
Cost	$ 492,765
Fair Value	$ 483,668
Spin Holdco, Inc. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Services: Consumer
Asset Name	Term Loan 3/21
Asset Type	Loan
Reference Rate	3M USD LIBOR+
Reference Spread	4%
LIBOR Floor	0.75%
Current Rate (All In)	5.61%
Maturity Date	Mar. 04, 2028
Principal/ Number of Shares | shares	2,962,500
Cost	$ 2,948,135
Fair Value	$ 2,777,344
SRAM, LLC [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Consumer goods: Durable
Asset Name	Term Loan (05/21)
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	2.75%
LIBOR Floor	0.50%
Current Rate (All In)	5.27%
Maturity Date	May 12, 2028
Principal/ Number of Shares | shares	3,218,182
Cost	$ 3,213,684
Fair Value	$ 3,137,727
SS&C Technologies, Inc. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Services: Business
Asset Name	Term Loan B3
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	1.75%
LIBOR Floor	0%
Current Rate (All In)	4.27%
Maturity Date	Apr. 16, 2025
Principal/ Number of Shares | shares	189,131
Cost	$ 188,939
Fair Value	$ 184,728
SS&C Technologies, Inc. One [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Services: Business
Asset Name	Term Loan B4
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	1.75%
LIBOR Floor	0%
Current Rate (All In)	4.27%
Maturity Date	Apr. 16, 2025
Principal/ Number of Shares | shares	153,534
Cost	$ 153,381
Fair Value	$ 149,960
SS&C Technologies, Inc. Two [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Services: Business
Asset Name	Term Loan B-5
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	1.75%
LIBOR Floor	0%
Current Rate (All In)	4.27%
Maturity Date	Apr. 16, 2025
Principal/ Number of Shares | shares	475,005
Cost	$ 474,487
Fair Value	$ 463,396
Staples, Inc. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Wholesale
Asset Name	Term Loan (03/19)
Asset Type	Loan
Reference Rate	3M USD LIBOR+
Reference Spread	5%
LIBOR Floor	0%
Current Rate (All In)	7.78%
Maturity Date	Apr. 16, 2026
Principal/ Number of Shares | shares	4,363,910
Cost	$ 4,256,362
Fair Value	$ 3,833,214
Stars Group Inc. (The) [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Hotel, Gaming & Leisure
Asset Name	Term Loan
Asset Type	Loan
Reference Rate	3M USD LIBOR+
Reference Spread	2.25%
LIBOR Floor	0%
Current Rate (All In)	4.50%
Maturity Date	Jul. 21, 2026
Principal/ Number of Shares | shares	1,985,000
Cost	$ 1,981,427
Fair Value	$ 1,936,209
Storable, Inc [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	High Tech Industries
Asset Name	Term Loan B
Asset Type	Loan
Reference Rate	1M USD SOFR+
Reference Spread	3.50%
LIBOR Floor	0.50%
Current Rate (All In)	5.96%
Maturity Date	Apr. 17, 2028
Principal/ Number of Shares | shares	497,500
Cost	$ 496,550
Fair Value	$ 480,088
Superannuation & Investments US LLC [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Banking, Finance, Insurance & Real Estate
Asset Name	Term Loan
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	3.75%
LIBOR Floor	0.50%
Current Rate (All In)	6.27%
Maturity Date	Dec. 01, 2028
Principal/ Number of Shares | shares	995,000
Cost	$ 985,995
Fair Value	$ 975,100
Sylvamo Corporation [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Forest Products & Paper
Asset Name	Term Loan
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	4.50%
LIBOR Floor	0.50%
Current Rate (All In)	7.02%
Maturity Date	Aug. 18, 2028
Principal/ Number of Shares | shares	866,667
Cost	$ 858,991
Fair Value	$ 838,500
Syncsort Incorporated [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	High Tech Industries
Asset Name	Term Loan B (10/21)
Asset Type	Loan
Reference Rate	3M USD LIBOR+
Reference Spread	4%
LIBOR Floor	0.75%
Current Rate (All In)	6.78%
Maturity Date	Apr. 24, 2028
Principal/ Number of Shares | shares	2,482,494
Cost	$ 2,481,422
Fair Value	$ 2,354,223
Ta TT Buyer LLC [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Media: Broadcasting & Subscription
Asset Name	Term Loan 3/22
Asset Type	Loan
Reference Rate	3M USD SOFR+
Reference Spread	5.25%
LIBOR Floor	0.50%
Current Rate (All In)	7.30%
Maturity Date	Apr. 02, 2029
Principal/ Number of Shares | shares	1,000,000
Cost	$ 990,263
Fair Value	$ 971,250
Tenable Holdings, Inc. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Services: Business
Asset Name	Term Loan B (6/21)
Asset Type	Loan
Reference Rate	6M USD LIBOR+
Reference Spread	2.75%
LIBOR Floor	0.50%
Current Rate (All In)	5.56%
Maturity Date	Jul. 07, 2028
Principal/ Number of Shares | shares	995,000
Cost	$ 992,840
Fair Value	$ 960,175
Teneo Holdings LLC [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Banking, Finance, Insurance & Real Estate
Asset Name	Term Loan
Asset Type	Loan
Reference Rate	1M USD SOFR+
Reference Spread	5.25%
LIBOR Floor	1%
Current Rate (All In)	7.73%
Maturity Date	Jul. 15, 2025
Principal/ Number of Shares | shares	4,405,869
Cost	$ 4,342,781
Fair Value	$ 4,264,529
Tenneco Inc [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Capital Equipment
Asset Name	Term Loan B
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	3%
LIBOR Floor	0%
Current Rate (All In)	5.52%
Maturity Date	Oct. 01, 2025
Principal/ Number of Shares | shares	1,447,500
Cost	$ 1,440,835
Fair Value	$ 1,427,901
Ten-X, LLC [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Banking, Finance, Insurance & Real Estate
Asset Name	Term Loan
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	4%
LIBOR Floor	1%
Current Rate (All In)	6.52%
Maturity Date	Sep. 27, 2024
Principal/ Number of Shares | shares	1,910,000
Cost	$ 1,908,542
Fair Value	$ 1,782,870
The Dun & Bradstreet Corporation [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Services: Business
Asset Name	Term Loan
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	3.25%
LIBOR Floor	0%
Current Rate (All In)	5.74%
Maturity Date	Feb. 06, 2026
Principal/ Number of Shares | shares	994,950
Cost	$ 993,794
Fair Value	$ 965,598
The Dun & Bradstreet Corporation One [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Services: Business
Asset Name	Term Loan B
Asset Type	Loan
Reference Rate	1M USD SOFR+
Reference Spread	3.25%
LIBOR Floor	0%
Current Rate (All In)	5.71%
Maturity Date	Jan. 18, 2029
Principal/ Number of Shares | shares	249,375
Cost	$ 247,649
Fair Value	$ 242,934
THE KNOT WORLDWIDE INC. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Services: Consumer
Asset Name	Term Loan (1/22)
Asset Type	Loan
Reference Rate	1M USD SOFR+
Reference Spread	4.50%
LIBOR Floor	0%
Current Rate (All In)	7.06%
Maturity Date	Dec. 19, 2025
Principal/ Number of Shares | shares	4,869,796
Cost	$ 4,864,341
Fair Value	$ 4,811,991
Thor Industries, Inc. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Automotive
Asset Name	USD Term Loan (3/21)
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	3%
LIBOR Floor	0%
Current Rate (All In)	5.50%
Maturity Date	Feb. 01, 2026
Principal/ Number of Shares | shares	2,093,726
Cost	$ 2,062,485
Fair Value	$ 2,072,789
TORY BURCH LLC [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Retail
Asset Name	Term Loan
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	3%
LIBOR Floor	0.50%
Current Rate (All In)	5.52%
Maturity Date	Apr. 15, 2028
Principal/ Number of Shares | shares	1,335,959
Cost	$ 1,231,261
Fair Value	$ 1,253,570
Tosca Services, LLC [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Containers, Packaging & Glass
Asset Name	Term Loan (2/21)
Asset Type	Loan
Reference Rate	1M USD SOFR+
Reference Spread	3.50%
LIBOR Floor	0.75%
Current Rate (All In)	5.96%
Maturity Date	Aug. 18, 2027
Principal/ Number of Shares | shares	492,500
Cost	$ 487,080
Fair Value	$ 434,631
Trans Union LLC [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Banking, Finance, Insurance & Real Estate
Asset Name	Term Loan
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	2.25%
LIBOR Floor	0.50%
Current Rate (All In)	4.77%
Maturity Date	Dec. 01, 2028
Principal/ Number of Shares | shares	865,968
Cost	$ 864,048
Fair Value	$ 848,804
Transdigm, Inc. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Aerospace & Defense
Asset Name	Term Loan G (02/20)
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	2.25%
LIBOR Floor	0%
Current Rate (All In)	4.77%
Maturity Date	Aug. 22, 2024
Principal/ Number of Shares | shares	4,003,636
Cost	$ 4,004,932
Fair Value	$ 3,924,924
TRITON WATER HOLDINGS, INC. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Beverage, Food & Tobacco
Asset Name	Term Loan (03/21)
Asset Type	Loan
Reference Rate	3M USD LIBOR+
Reference Spread	3.50%
LIBOR Floor	0.50%
Current Rate (All In)	5.75%
Maturity Date	Mar. 31, 2028
Principal/ Number of Shares | shares	1,485,001
Cost	$ 1,478,880
Fair Value	$ 1,385,877
Tronox Finance LLC [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Chemicals, Plastics, & Rubber
Asset Name	Term Loan
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	2.25%
LIBOR Floor	0%
Current Rate (All In)	4.77%
Maturity Date	Mar. 10, 2028
Principal/ Number of Shares | shares	346,923
Cost	$ 346,213
Fair Value	$ 336,678
TruGreen Limited Partnership [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Services: Consumer
Asset Name	Term Loan
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	4%
LIBOR Floor	0.75%
Current Rate (All In)	6.52%
Maturity Date	Oct. 29, 2027
Principal/ Number of Shares | shares	959,371
Cost	$ 953,452
Fair Value	$ 918,597
Uber Technologies, Inc. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Transportation: Consumer
Asset Name	Term Loan B (2/21)
Asset Type	Loan
Reference Rate	3M USD LIBOR+
Reference Spread	3.50%
LIBOR Floor	0%
Current Rate (All In)	6.57%
Maturity Date	Feb. 25, 2027
Principal/ Number of Shares | shares	3,927,110
Cost	$ 3,892,273
Fair Value	$ 3,868,203
Ultra Clean Holdings, Inc. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	High Tech Industries
Asset Name	Incremental Term Loan 3/21
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	3.75%
LIBOR Floor	0%
Current Rate (All In)	6.27%
Maturity Date	Aug. 27, 2025
Principal/ Number of Shares | shares	871,705
Cost	$ 868,607
Fair Value	$ 857,269
Unimin Corporation [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Metals & Mining
Asset Name	Term Loan (12/20)
Asset Type	Loan
Reference Rate	3M USD LIBOR+
Reference Spread	4%
LIBOR Floor	1%
Current Rate (All In)	6.29%
Maturity Date	Jul. 31, 2026
Principal/ Number of Shares | shares	496,815
Cost	$ 473,971
Fair Value	$ 476,475
United Natural Foods, Inc [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Beverage, Food & Tobacco
Asset Name	Term Loan B
Asset Type	Loan
Reference Rate	1M USD SOFR+
Reference Spread	3.25%
LIBOR Floor	0%
Current Rate (All In)	5.82%
Maturity Date	Oct. 22, 2025
Principal/ Number of Shares | shares	1,540,259
Cost	$ 1,488,565
Fair Value	$ 1,523,732
United Road Services Inc. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Transportation: Cargo
Asset Name	Term Loan (10/17)
Asset Type	Loan
Reference Rate	3M USD LIBOR+
Reference Spread	5.75%
LIBOR Floor	1%
Current Rate (All In)	8.82%
Maturity Date	Sep. 01, 2024
Principal/ Number of Shares | shares	905,012
Cost	$ 900,712
Fair Value	$ 580,683
Univision Communications Inc. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Media: Broadcasting & Subscription
Asset Name	Term Loan B (6/21)
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	3.25%
LIBOR Floor	0.75%
Current Rate (All In)	5.77%
Maturity Date	Mar. 15, 2026
Principal/ Number of Shares | shares	2,459,068
Cost	$ 2,453,085
Fair Value	$ 2,398,476
Univision Communications Inc. One [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Media: Broadcasting & Subscription
Asset Name	Term Loan B (6/22)
Asset Type	Loan
Reference Rate	3M USD SOFR+
Reference Spread	4.25%
LIBOR Floor	0.50%
Current Rate (All In)	6.25%
Maturity Date	Jun. 10, 2029
Principal/ Number of Shares | shares	250,000
Cost	$ 242,635
Fair Value	$ 245,000
Utz Quality Foods, LLC [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Beverage, Food & Tobacco
Asset Name	Term Loan B
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	3%
LIBOR Floor	0%
Current Rate (All In)	5.52%
Maturity Date	Jan. 20, 2028
Principal/ Number of Shares | shares	1,837,793
Cost	$ 1,835,485
Fair Value	$ 1,799,659
Vaco Holdings, LLC [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Services: Business
Asset Name	Term Loan (01/22)
Asset Type	Loan
Reference Rate	3M USD SOFR+
Reference Spread	5%
LIBOR Floor	0.75%
Current Rate (All In)	7.20%
Maturity Date	Jan. 19, 2029
Principal/ Number of Shares | shares	248,750
Cost	$ 247,642
Fair Value	$ 242,842
Verifone Systems, Inc. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Banking, Finance, Insurance & Real Estate
Asset Name	Term Loan (7/18)
Asset Type	Loan
Reference Rate	3M USD LIBOR+
Reference Spread	4%
LIBOR Floor	0%
Current Rate (All In)	7%
Maturity Date	Aug. 20, 2025
Principal/ Number of Shares | shares	1,375,175
Cost	$ 1,370,807
Fair Value	$ 1,266,880
Vertex Aerospace Services Corp [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Aerospace & Defense
Asset Name	Term Loan (10/21)
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	3.75%
LIBOR Floor	0.75%
Current Rate (All In)	6.27%
Maturity Date	Dec. 06, 2028
Principal/ Number of Shares | shares	997,500
Cost	$ 993,032
Fair Value	$ 982,956
VFH Parent LLC [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Banking, Finance, Insurance & Real Estate
Asset Name	Term Loan (01/22)
Asset Type	Loan
Reference Rate	1M USD SOFR+
Reference Spread	3%
LIBOR Floor	0.50%
Current Rate (All In)	5.40%
Maturity Date	Jan. 12, 2029
Principal/ Number of Shares | shares	3,100,888
Cost	$ 3,093,171
Fair Value	$ 3,014,311
Virtus Investment Partners, Inc. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Banking, Finance, Insurance & Real Estate
Asset Name	Term Loan B (9/21)
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	2.25%
LIBOR Floor	0%
Current Rate (All In)	4.62%
Maturity Date	Sep. 28, 2028
Principal/ Number of Shares | shares	2,868,409
Cost	$ 2,859,993
Fair Value	$ 2,832,554
Vistra Energy Corp [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Utilities: Electric
Asset Name	2018 Incremental Term Loan
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	1.75%
LIBOR Floor	0%
Current Rate (All In)	4.27%
Maturity Date	Dec. 31, 2025
Principal/ Number of Shares | shares	902,095
Cost	$ 901,690
Fair Value	$ 883,070
Vizient, Inc [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Healthcare & Pharmaceuticals
Asset Name	Term Loan
Asset Type	Loan
Reference Rate	1M USD SOFR+
Reference Spread	2.25%
LIBOR Floor	0.50%
Current Rate (All In)	4.65%
Maturity Date	May 16, 2029
Principal/ Number of Shares | shares	500,000
Cost	$ 495,111
Fair Value	$ 497,190
VM Consolidated, Inc. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Construction & Building
Asset Name	Term Loan B (3/21)
Asset Type	Loan
Reference Rate	6M USD LIBOR+
Reference Spread	3.25%
LIBOR Floor	0%
Current Rate (All In)	6.13%
Maturity Date	Mar. 19, 2028
Principal/ Number of Shares | shares	2,327,542
Cost	$ 2,324,786
Fair Value	$ 2,292,629
Vouvray US Finance LLC [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	High Tech Industries
Asset Name	Term Loan
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	3%
LIBOR Floor	1%
Current Rate (All In)	5.52%
Maturity Date	Mar. 11, 2024
Principal/ Number of Shares | shares	473,750
Cost	$ 473,750
Fair Value	$ 422,429
Warner Music Group Corp. (WMG Acquisition Corp.) [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Hotel, Gaming & Leisure
Asset Name	Term Loan G
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	2.13%
LIBOR Floor	0%
Current Rate (All In)	4.65%
Maturity Date	Jan. 20, 2028
Principal/ Number of Shares | shares	1,250,000
Cost	$ 1,249,782
Fair Value	$ 1,215,100
Wastequip, LLC (HPCC Merger/Patriot Container) [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Environmental Industries
Asset Name	Term Loan (3/18)
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	3.75%
LIBOR Floor	1%
Current Rate (All In)	6.12%
Maturity Date	Mar. 15, 2025
Principal/ Number of Shares | shares	487,277
Cost	$ 486,224
Fair Value	$ 419,059
Watlow Electric Manufacturing Company [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	High Tech Industries
Asset Name	Term Loan B
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	3.75%
LIBOR Floor	0.50%
Current Rate (All In)	6.27%
Maturity Date	Mar. 02, 2028
Principal/ Number of Shares | shares	2,468,750
Cost	$ 2,458,373
Fair Value	$ 2,415,672
West Corporation [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Telecommunications
Asset Name	Term Loan B (Olympus Merger)
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	4%
LIBOR Floor	1%
Current Rate (All In)	6.52%
Maturity Date	Oct. 10, 2024
Principal/ Number of Shares | shares	1,066,719
Cost	$ 1,035,551
Fair Value	$ 868,522
West Corporation One [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Telecommunications
Asset Name	Term Loan B
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	3.50%
LIBOR Floor	1%
Current Rate (All In)	6.02%
Maturity Date	Oct. 10, 2024
Principal/ Number of Shares | shares	2,552,943
Cost	$ 2,522,983
Fair Value	$ 2,076,184
WEX Inc. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Diversified Financial Services
Asset Name	Term Loan B (3/21)
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	2.25%
LIBOR Floor	0%
Current Rate (All In)	4.77%
Maturity Date	Mar. 31, 2028
Principal/ Number of Shares | shares	2,969,962
Cost	$ 2,959,565
Fair Value	$ 2,903,138
WildBrain Ltd. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Media
Asset Name	Term Loan
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	4.25%
LIBOR Floor	0.75%
Current Rate (All In)	6.77%
Maturity Date	Mar. 27, 2028
Principal/ Number of Shares | shares	1,975,000
Cost	$ 1,942,234
Fair Value	$ 1,860,825
WP CITYMD BIDCO LLC [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Health Care Equipment & Supplies
Asset Name	Term Loan B
Asset Type	Loan
Reference Rate	3M USD LIBOR+
Reference Spread	3.25%
LIBOR Floor	0.50%
Current Rate (All In)	5.50%
Maturity Date	Dec. 22, 2028
Principal/ Number of Shares | shares	7,405,452
Cost	$ 7,382,414
Fair Value	$ 7,215,206
Xperi Corporation [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Software
Asset Name	Term Loan
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	3.50%
LIBOR Floor	0%
Current Rate (All In)	6.02%
Maturity Date	Jun. 08, 2028
Principal/ Number of Shares | shares	2,671,319
Cost	$ 2,661,232
Fair Value	$ 2,612,897
Zayo Group, LLC [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Diversified Telecommunication Services
Asset Name	Term Loan B
Asset Type	Loan
Reference Rate	1M USD SOFR+
Reference Spread	4.25%
LIBOR Floor	0.50%
Current Rate (All In)	6.71%
Maturity Date	Mar. 09, 2027
Principal/ Number of Shares | shares	997,500
Cost	$ 973,546
Fair Value	$ 935,336
ZEBRA BUYER (Allspring) LLC [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Real Estate Investment Trusts (REITs)
Asset Name	Term Loan B
Asset Type	Loan
Reference Rate	3M USD LIBOR+
Reference Spread	3.25%
LIBOR Floor	0.50%
Current Rate (All In)	5.56%
Maturity Date	Nov. 01, 2028
Principal/ Number of Shares | shares	884,879
Cost	$ 881,117
Fair Value	$ 871,606
Zekelman Industries, Inc. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Metals & Mining
Asset Name	Term Loan
Asset Type	Loan
Reference Rate	3M USD LIBOR+
Reference Spread	2%
LIBOR Floor	0%
Current Rate (All In)	4.18%
Maturity Date	Jan. 25, 2027
Principal/ Number of Shares | shares	965,193
Cost	$ 965,193
Fair Value	$ 935,754
Zodiac Pool Solutions [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	Leisure Products
Asset Name	Term Loan B
Asset Type	Loan
Reference Rate	1M USD SOFR+
Reference Spread	2%
LIBOR Floor	0.50%
Current Rate (All In)	4.56%
Maturity Date	Jan. 29, 2029
Principal/ Number of Shares | shares	497,500
Cost	$ 496,387
Fair Value	483,092
Investment Companies [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Cost	644,334,357
Fair Value	$ 604,030,601
U.S. Bank Money Market (c) [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Principal/ Number of Shares | shares	11,877,748
Cost	$ 11,877,748
Fair Value	$ 11,877,748
Cash and Cash Equivalents [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Principal/ Number of Shares | shares	11,877,748
Cost	$ 11,877,748
Fair Value	$ 11,877,748

Investment in Saratoga CLO (D_5

Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one - February 28, 2022 [Member]	12 Months Ended
	Feb. 28, 2022 USD ($) shares
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Cost	$ 653,022,265
Fair Value	$ 638,963,350
Fusion Connect Warrant [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Telecommunications
Asset Name	Warrants
Asset Type	Equity
Principal/ Number of Shares | shares	32,832
J Jill Common Stock [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Retail
Asset Name	Common stock
Asset Type	Equity
Principal/ Number of Shares | shares	2,107
Fair Value	$ 33,691
19TH HOLDINGS GOLF, LLC [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Consumer goods: Durable
Asset Name	Term Loan
Asset Type	Loan
Reference Rate	3M USD SOFR+
Reference Spread	3.25%
LIBOR Floor	0.50%
Current Rate (All In)	3.75%
Maturity Date	Feb. 07, 2029
Principal/ Number of Shares | shares	500,000
Cost	$ 497,530
Fair Value	$ 493,750
ADMI Corp. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Healthcare & Pharmaceuticals
Asset Name	Term Loan B
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	2.75%
LIBOR Floor	0%
Current Rate (All In)	2.96%
Maturity Date	Apr. 30, 2025
Principal/ Number of Shares | shares	1,930,276
Cost	$ 1,925,558
Fair Value	$ 1,892,886
Adtalem Global Education Inc. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Services: Business
Asset Name	Term Loan B (02/21)
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	4.50%
LIBOR Floor	0.75%
Current Rate (All In)	5.25%
Maturity Date	Aug. 11, 2028
Principal/ Number of Shares | shares	2,000,000
Cost	$ 1,981,559
Fair Value	$ 1,977,920
Aegis Sciences Corporation [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Healthcare & Pharmaceuticals
Asset Name	Term Loan
Asset Type	Loan
Reference Rate	3M USD LIBOR+
Reference Spread	5.50%
LIBOR Floor	1%
Current Rate (All In)	6.50%
Maturity Date	May 09, 2025
Principal/ Number of Shares | shares	2,737,038
Cost	$ 2,723,587
Fair Value	$ 2,686,403
Agiliti Health Inc. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Healthcare & Pharmaceuticals
Asset Name	Term Loan (1/19)
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	2.75%
LIBOR Floor	0%
Current Rate (All In)	2.88%
Maturity Date	Jan. 04, 2026
Principal/ Number of Shares | shares	1,483,686
Cost	$ 1,476,852
Fair Value	$ 1,470,704
Agiliti Health Inc.One [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Healthcare & Pharmaceuticals
Asset Name	Term Loan (09/20)
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	2.75%
LIBOR Floor	0.75%
Current Rate (All In)	3.50%
Maturity Date	Jan. 04, 2026
Principal/ Number of Shares | shares	285,714
Cost	$ 283,586
Fair Value	$ 283,571
AHEAD DB Holdings, LLC [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Services: Business
Asset Name	Term Loan (04/21)
Asset Type	Loan
Reference Rate	3M USD LIBOR+
Reference Spread	3.75%
LIBOR Floor	0.75%
Current Rate (All In)	4.50%
Maturity Date	Oct. 18, 2027
Principal/ Number of Shares | shares	2,985,000
Cost	$ 2,885,411
Fair Value	$ 2,962,135
AI Convoy (Luxembourg) S.a.r.l. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Aerospace & Defense
Asset Name	Term Loan B (USD)
Asset Type	Loan
Reference Rate	6M USD LIBOR+
Reference Spread	3.50%
LIBOR Floor	1%
Current Rate (All In)	4.50%
Maturity Date	Jan. 18, 2027
Principal/ Number of Shares | shares	1,469,671
Cost	$ 1,464,591
Fair Value	$ 1,460,485
AIS HoldCo, LLC [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Services: Business
Asset Name	Term Loan
Asset Type	Loan
Reference Rate	3M USD LIBOR+
Reference Spread	5%
LIBOR Floor	0%
Current Rate (All In)	5.30%
Maturity Date	Aug. 15, 2025
Principal/ Number of Shares | shares	4,789,642
Cost	$ 4,670,148
Fair Value	$ 4,705,823
Alchemy Copyrights, LLC [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Media: Diversified & Production
Asset Name	Term Loan B
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	3%
LIBOR Floor	0.50%
Current Rate (All In)	3.50%
Maturity Date	Mar. 10, 2028
Principal/ Number of Shares | shares	493,763
Cost	$ 490,886
Fair Value	$ 489,442
Alchemy US Holdco 1, LLC [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Metals & Mining
Asset Name	Term Loan
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	5.50%
LIBOR Floor	0%
Current Rate (All In)	5.60%
Maturity Date	Oct. 10, 2025
Principal/ Number of Shares | shares	1,654,803
Cost	$ 1,640,863
Fair Value	$ 1,644,874
AlixPartners, LLP [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Banking, Finance, Insurance & Real Estate
Asset Name	Term Loan B (01/21)
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	2.75%
LIBOR Floor	0.50%
Current Rate (All In)	3.25%
Maturity Date	Feb. 04, 2028
Principal/ Number of Shares | shares	248,125
Cost	$ 247,608
Fair Value	$ 245,217
Alkermes, Inc. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Healthcare & Pharmaceuticals
Asset Name	Term Loan B (3/21)
Asset Type	Loan
Reference Rate	3M USD LIBOR+
Reference Spread	2.50%
LIBOR Floor	0.50%
Current Rate (All In)	3%
Maturity Date	Mar. 12, 2026
Principal/ Number of Shares | shares	2,147,859
Cost	$ 2,130,749
Fair Value	$ 2,110,271
Allen Media, LLC [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Media: Diversified & Production
Asset Name	Term Loan (7/21)
Asset Type	Loan
Reference Rate	3M USD LIBOR+
Reference Spread	5.50%
LIBOR Floor	0%
Current Rate (All In)	5.72%
Maturity Date	Feb. 10, 2027
Principal/ Number of Shares | shares	4,439,454
Cost	$ 4,407,744
Fair Value	$ 4,412,639
Alliant Holdings I, Inc. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Banking, Finance, Insurance & Real Estate
Asset Name	Term Loan B4
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	3.50%
LIBOR Floor	0.50%
Current Rate (All In)	4%
Maturity Date	Nov. 05, 2027
Principal/ Number of Shares | shares	997,500
Cost	$ 996,393
Fair Value	$ 987,944
Allied Universal Holdco LLC [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Services: Business
Asset Name	Term Loan 4/21
Asset Type	Loan
Reference Rate	3M USD LIBOR+
Reference Spread	3.75%
LIBOR Floor	0.50%
Current Rate (All In)	4.25%
Maturity Date	May 12, 2028
Principal/ Number of Shares | shares	1,995,000
Cost	$ 1,985,516
Fair Value	$ 1,966,412
Altisource Solutions S.a r.l. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Banking, Finance, Insurance & Real Estate
Asset Name	Term Loan B (03/18)
Asset Type	Loan
Reference Rate	3M USD LIBOR+
Reference Spread	4%
LIBOR Floor	1%
Current Rate (All In)	5%
Maturity Date	Apr. 03, 2024
Principal/ Number of Shares | shares	1,223,297
Cost	$ 1,220,031
Fair Value	$ 1,102,497
Altium Packaging LLC [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Containers, Packaging & Glass
Asset Name	Term Loan (01/21)
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	2.75%
LIBOR Floor	0.50%
Current Rate (All In)	3.25%
Maturity Date	Jan. 29, 2028
Principal/ Number of Shares | shares	496,250
Cost	$ 494,097
Fair Value	$ 485,084
American Greetings Corporation [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Media: Advertising, Printing & Publishing
Asset Name	Term Loan
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	4.50%
LIBOR Floor	1%
Current Rate (All In)	5.50%
Maturity Date	Apr. 06, 2024
Principal/ Number of Shares | shares	3,012,861
Cost	$ 3,011,323
Fair Value	$ 3,011,355
American Trailer World Corp [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Automotive
Asset Name	Term Loan
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	3.75%
LIBOR Floor	0.75%
Current Rate (All In)	4.50%
Maturity Date	Mar. 03, 2028
Principal/ Number of Shares | shares	1,990,000
Cost	$ 1,984,442
Fair Value	$ 1,954,558
AmeriLife Holdings LLC [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Banking, Finance, Insurance & Real Estate
Asset Name	Term Loan
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	4%
LIBOR Floor	0%
Current Rate (All In)	4.11%
Maturity Date	Mar. 18, 2027
Principal/ Number of Shares | shares	1,976,415
Cost	$ 1,967,087
Fair Value	$ 1,956,651
AmWINS Group, LLC [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Banking, Finance, Insurance & Real Estate
Asset Name	Term Loan 2/21
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	2.25%
LIBOR Floor	0.75%
Current Rate (All In)	3%
Maturity Date	Feb. 17, 2028
Principal/ Number of Shares | shares	1,980,006
Cost	$ 1,957,163
Fair Value	$ 1,946,900
Anastasia Parent LLC [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Consumer goods: Non-durable
Asset Name	Term Loan
Asset Type	Loan
Reference Rate	3M USD LIBOR+
Reference Spread	3.75%
LIBOR Floor	0%
Current Rate (All In)	3.97%
Maturity Date	Aug. 11, 2025
Principal/ Number of Shares | shares	967,500
Cost	$ 964,919
Fair Value	$ 832,253
Anchor Glass Container Corporation [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Containers, Packaging & Glass
Asset Name	Term Loan (07/17)
Asset Type	Loan
Reference Rate	3M USD LIBOR+
Reference Spread	2.75%
LIBOR Floor	1%
Current Rate (All In)	3.75%
Maturity Date	Dec. 07, 2023
Principal/ Number of Shares | shares	475,113
Cost	$ 474,420
Fair Value	$ 406,882
Anchor Packaging, LLC [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Containers, Packaging & Glass
Asset Name	Term Loan B
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	4%
LIBOR Floor	0%
Current Rate (All In)	4.21%
Maturity Date	Jul. 18, 2026
Principal/ Number of Shares | shares	987,342
Cost	$ 979,469
Fair Value	$ 972,532
ANI Pharmaceuticals, Inc. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Healthcare & Pharmaceuticals
Asset Name	Term Loan B
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	6%
LIBOR Floor	0.75%
Current Rate (All In)	6.75%
Maturity Date	Nov. 19, 2027
Principal/ Number of Shares | shares	3,000,000
Cost	$ 2,943,100
Fair Value	$ 3,000,000
AP Core Holdings II LLC [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	High Tech Industries
Asset Name	Term Loan B1
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	5.50%
LIBOR Floor	0.75%
Current Rate (All In)	6.25%
Maturity Date	Sep. 01, 2027
Principal/ Number of Shares | shares	1,975,000
Cost	$ 1,947,406
Fair Value	$ 1,965,125
AP Core Holdings II LLC One [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	High Tech Industries
Asset Name	Term Loan B2
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	5.50%
LIBOR Floor	0.75%
Current Rate (All In)	6.25%
Maturity Date	Sep. 01, 2027
Principal/ Number of Shares | shares	500,000
Cost	$ 493,024
Fair Value	$ 498,125
APi Group DE, Inc. (J2 Acquisition) [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Services: Business
Asset Name	Term Loan B
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	2.50%
LIBOR Floor	0%
Current Rate (All In)	2.71%
Maturity Date	Oct. 01, 2026
Principal/ Number of Shares | shares	1,950,000
Cost	$ 1,942,029
Fair Value	$ 1,927,575
APLP Holdings Limited Partnership [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Energy: Electricity
Asset Name	Term Loan B (3/21)
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	3.75%
LIBOR Floor	1%
Current Rate (All In)	4.75%
Maturity Date	May 14, 2027
Principal/ Number of Shares | shares	828,378
Cost	$ 821,051
Fair Value	$ 826,655
Apollo Commercial Real Estate Finance, Inc. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Banking, Finance, Insurance & Real Estate
Asset Name	Term Loan B
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	2.75%
LIBOR Floor	0%
Current Rate (All In)	2.86%
Maturity Date	May 15, 2026
Principal/ Number of Shares | shares	2,969,543
Cost	$ 2,937,176
Fair Value	$ 2,887,881
Apollo Commercial Real Estate Finance, Inc. One [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Banking, Finance, Insurance & Real Estate
Asset Name	Term Loan B1 (2/21)
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	3.50%
LIBOR Floor	0.50%
Current Rate (All In)	4%
Maturity Date	Mar. 06, 2028
Principal/ Number of Shares | shares	992,500
Cost	$ 983,643
Fair Value	$ 982,575
AppLovin Corporation [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	High Tech Industries
Asset Name	Term Loan B
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	3.25%
LIBOR Floor	0%
Current Rate (All In)	3.46%
Maturity Date	Aug. 15, 2025
Principal/ Number of Shares | shares	989,796
Cost	$ 989,796
Fair Value	$ 982,066
AppLovin Corporation One [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	High Tech Industries
Asset Name	Term Loan (10/21)
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	3%
LIBOR Floor	0.50%
Current Rate (All In)	3.50%
Maturity Date	Oct. 21, 2028
Principal/ Number of Shares | shares	1,496,250
Cost	$ 1,492,669
Fair Value	$ 1,481,288
Aramark Corporation [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Services: Consumer
Asset Name	Term Loan
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	1.75%
LIBOR Floor	0%
Current Rate (All In)	1.96%
Maturity Date	Jan. 15, 2027
Principal/ Number of Shares | shares	2,331,250
Cost	$ 2,268,549
Fair Value	$ 2,279,776
Aramark Corporation One [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Services: Consumer
Asset Name	Term Loan B (4/21)
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	2.50%
LIBOR Floor	0%
Current Rate (All In)	2.71%
Maturity Date	Apr. 01, 2028
Principal/ Number of Shares | shares	1,753,715
Cost	$ 1,746,008
Fair Value	$ 1,743,491
ARC FALCON I INC. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Chemicals, Plastics, & Rubber
Asset Name	Term Loan
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	3.75%
LIBOR Floor	0.50%
Current Rate (All In)	4.25%
Maturity Date	Sep. 23, 2028
Principal/ Number of Shares | shares	872,611
Cost	$ 868,610
Fair Value	$ 855,526
ARC FALCON I INC. One [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Chemicals, Plastics, & Rubber
Asset Name	Delayed Draw Term Loan
Asset Type	Loan
Reference Rate
Reference Spread
LIBOR Floor
Current Rate (All In)
Maturity Date	Sep. 22, 2028
Cost	$ (601)
Fair Value	$ (2,494)
Arches Buyer Inc. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Services: Consumer
Asset Name	Term Loan B
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	3.25%
LIBOR Floor	0.50%
Current Rate (All In)	3.75%
Maturity Date	Dec. 06, 2027
Principal/ Number of Shares | shares	1,500,000
Cost	$ 1,490,625
Fair Value	$ 1,473,570
Arctic Glacier U.S.A., Inc. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Beverage, Food & Tobacco
Asset Name	Term Loan (3/18)
Asset Type	Loan
Reference Rate	3M USD LIBOR+
Reference Spread	3.50%
LIBOR Floor	1%
Current Rate (All In)	4.50%
Maturity Date	Mar. 20, 2024
Principal/ Number of Shares | shares	3,350,967
Cost	$ 3,341,474
Fair Value	$ 3,103,833
Aretec Group, Inc. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Banking, Finance, Insurance & Real Estate
Asset Name	Term Loan (10/18)
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	4.25%
LIBOR Floor	0%
Current Rate (All In)	4.46%
Maturity Date	Oct. 01, 2025
Principal/ Number of Shares | shares	2,436,164
Cost	$ 2,430,830
Fair Value	$ 2,425,518
ASP BLADE HOLDINGS, INC. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Capital Equipment
Asset Name	Term Loan
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	4%
LIBOR Floor	0.50%
Current Rate (All In)	4.50%
Maturity Date	Oct. 07, 2028
Principal/ Number of Shares | shares	100,000
Cost	$ 99,530
Fair Value	$ 99,542
Asplundh Tree Expert, LLC [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Services: Business
Asset Name	Term Loan 2/21
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	1.75%
LIBOR Floor	0%
Current Rate (All In)	1.96%
Maturity Date	Sep. 07, 2027
Principal/ Number of Shares | shares	987,500
Cost	$ 983,579
Fair Value	$ 973,458
AssuredPartners Capital, Inc. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Banking, Finance, Insurance & Real Estate
Asset Name	Term Loan B (2/20)
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	3.50%
LIBOR Floor	0%
Current Rate (All In)	3.71%
Maturity Date	Feb. 12, 2027
Principal/ Number of Shares | shares	1,000,000
Cost	$ 996,250
Fair Value	$ 984,580
Assuredpartners Inc. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Banking, Finance, Insurance & Real Estate
Asset Name	Incremental Term Loan (7/21)
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	3.50%
LIBOR Floor	0.50%
Current Rate (All In)	4%
Maturity Date	Feb. 12, 2027
Principal/ Number of Shares | shares	995,006
Cost	$ 995,006
Fair Value	$ 978,837
Assuredpartners Inc. One [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Banking, Finance, Insurance & Real Estate
Asset Name	Term Loan
Asset Type	Loan
Reference Rate	1M USD SOFR+
Reference Spread	3.50%
LIBOR Floor	0.50%
Current Rate (All In)	4%
Maturity Date	Feb. 12, 2027
Principal/ Number of Shares | shares	500,000
Cost	$ 498,811
Fair Value	$ 491,875
ASTRO ONE ACQUISITION CORPORATION [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Consumer goods: Durable
Asset Name	Term Loan
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	5.50%
LIBOR Floor	0.75%
Current Rate (All In)	6.25%
Maturity Date	Sep. 15, 2028
Principal/ Number of Shares | shares	3,000,000
Cost	$ 2,971,643
Fair Value	$ 2,968,140
Asurion, LLC [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Banking, Finance, Insurance & Real Estate
Asset Name	Term Loan B6
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	3.13%
LIBOR Floor	0%
Current Rate (All In)	3.33%
Maturity Date	Nov. 03, 2023
Principal/ Number of Shares | shares	266,824
Cost	$ 266,095
Fair Value	$ 264,767
Asurion, LLC One [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Banking, Finance, Insurance & Real Estate
Asset Name	Term Loan B8
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	3.25%
LIBOR Floor	0%
Current Rate (All In)	3.46%
Maturity Date	Dec. 18, 2026
Principal/ Number of Shares | shares	2,995,112
Cost	$ 2,984,120
Fair Value	$ 2,939,882
ATHENAHEALTH GROUP INC. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Healthcare & Pharmaceuticals
Asset Name	Term Loan B (2/22)
Asset Type	Loan
Reference Rate	1M USD SOFR+
Reference Spread	3.50%
LIBOR Floor	0.50%
Current Rate (All In)	4%
Maturity Date	Feb. 15, 2029
Principal/ Number of Shares | shares	1,282,609
Cost	$ 1,276,322
Fair Value	$ 1,269,462
ATHENAHEALTH GROUP INC. One [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Healthcare & Pharmaceuticals
Asset Name	Delayed Draw Term Loan (02/22)
Asset Type	Loan
Reference Rate
Reference Spread
LIBOR Floor
Current Rate (All In)
Maturity Date	Feb. 15, 2029
Fair Value	$ (2,228)
Avast Software S.R.O. (Sybil Finance) [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	High Tech Industries
Asset Name	Term Loan (Sybil Software)
Asset Type	Loan
Reference Rate	3M USD LIBOR+
Reference Spread	2%
LIBOR Floor	0%
Current Rate (All In)	2.22%
Maturity Date	Mar. 22, 2028
Principal/ Number of Shares | shares	1,925,000
Cost	$ 1,920,766
Fair Value	$ 1,916,819
Avaya, Inc. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Telecommunications
Asset Name	Term Loan B1
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	4.25%
LIBOR Floor	0%
Current Rate (All In)	4.44%
Maturity Date	Dec. 15, 2027
Principal/ Number of Shares | shares	1,755,766
Cost	$ 1,747,367
Fair Value	$ 1,739,859
Avaya, Inc. One [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Telecommunications
Asset Name	Term Loan B-2 (2/21)
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	4%
LIBOR Floor	0%
Current Rate (All In)	4.19%
Maturity Date	Dec. 15, 2027
Principal/ Number of Shares | shares	1,000,000
Cost	$ 1,000,000
Fair Value	$ 988,590
Avison Young (Canada) Inc [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Services: Business
Asset Name	Term Loan
Asset Type	Loan
Reference Rate	3M USD LIBOR+
Reference Spread	5.75%
LIBOR Floor	0%
Current Rate (All In)	5.97%
Maturity Date	Jan. 31, 2026
Principal/ Number of Shares | shares	3,405,995
Cost	$ 3,370,219
Fair Value	$ 3,371,935
Avolon TLB Borrower 1 (US) LLC [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Capital Equipment
Asset Name	Term Loan B3
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	1.75%
LIBOR Floor	0.75%
Current Rate (All In)	2.50%
Maturity Date	Jan. 15, 2025
Principal/ Number of Shares | shares	1,000,000
Cost	$ 900,020
Fair Value	$ 990,630
Avolon TLB Borrower 1 (US) LLC One [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Capital Equipment
Asset Name	Term Loan B5 (7/21)
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	2.25%
LIBOR Floor	0.50%
Current Rate (All In)	2.75%
Maturity Date	Dec. 01, 2027
Principal/ Number of Shares | shares	495,000
Cost	$ 490,860
Fair Value	$ 491,466
AZURITY PHARMACEUTICALS, INC. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Healthcare & Pharmaceuticals
Asset Name	Term Loan B
Asset Type	Loan
Reference Rate	3M USD LIBOR+
Reference Spread	6%
LIBOR Floor	0.75%
Current Rate (All In)	6.75%
Maturity Date	Sep. 20, 2027
Principal/ Number of Shares | shares	500,000
Cost	$ 485,751
Fair Value	$ 495,000
B&G Foods, Inc. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Beverage, Food & Tobacco
Asset Name	Term Loan
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	2.50%
LIBOR Floor	0%
Current Rate (All In)	2.71%
Maturity Date	Oct. 10, 2026
Principal/ Number of Shares | shares	706,458
Cost	$ 701,732
Fair Value	$ 701,605
B.C. Unlimited Liability Co (Burger King) [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Beverage, Food & Tobacco
Asset Name	Term Loan B4
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	1.75%
LIBOR Floor	0%
Current Rate (All In)	1.96%
Maturity Date	Nov. 19, 2026
Principal/ Number of Shares | shares	1,470,000
Cost	$ 1,438,969
Fair Value	$ 1,440,968
BAKELITE UK INTERMEDIATE LTD. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Chemicals, Plastics, & Rubber
Asset Name	Term Loan
Asset Type	Loan
Reference Rate	3M USD SOFR+
Reference Spread	4.25%
LIBOR Floor	0%
Current Rate (All In)	4.75%
Maturity Date	Feb. 01, 2029
Principal/ Number of Shares | shares	1,000,000
Cost	$ 995,000
Fair Value	$ 992,500
Baldwin Risk Partners, LLC [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Banking, Finance, Insurance & Real Estate
Asset Name	Term Loan
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	3.50%
LIBOR Floor	0.50%
Current Rate (All In)	4%
Maturity Date	Oct. 14, 2027
Principal/ Number of Shares | shares	1,238,775
Cost	$ 1,225,981
Fair Value	$ 1,222,522
Belfor Holdings Inc. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Services: Consumer
Asset Name	Term Loan
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	3.75%
LIBOR Floor	0%
Current Rate (All In)	3.96%
Maturity Date	Apr. 06, 2026
Principal/ Number of Shares | shares	248,092
Cost	$ 247,897
Fair Value	$ 246,851
Belron Finance US LLC [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Automotive
Asset Name	Term Loan B (3/21)
Asset Type	Loan
Reference Rate	3M USD LIBOR+
Reference Spread	2.75%
LIBOR Floor	0.50%
Current Rate (All In)	3.25%
Maturity Date	Apr. 13, 2028
Principal/ Number of Shares | shares	1,985,000
Cost	$ 1,967,341
Fair Value	$ 1,968,247
Bengal Debt Merger Sub LLC [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Beverage, Food & Tobacco
Asset Name	Term Loan
Asset Type	Loan
Reference Rate	3M USD SOFR+
Reference Spread	3.25%
LIBOR Floor	0.50%
Current Rate (All In)	3.75%
Maturity Date	Jan. 24, 2029
Principal/ Number of Shares | shares	1,890,909
Cost	$ 1,889,030
Fair Value	$ 1,873,191
Bengal Debt Merger Sub LLC One [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Beverage, Food & Tobacco
Asset Name	Delayed Draw Term Loan
Asset Type	Loan
Reference Rate	3M USD SOFR+
Reference Spread	3.25%
LIBOR Floor	0.50%
Current Rate (All In)	3.75%
Maturity Date	Jan. 24, 2029
Principal/ Number of Shares | shares	109,091
Cost	$ 109,048
Fair Value	$ 108,069
Blackstone Mortgage Trust, Inc. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Banking, Finance, Insurance & Real Estate
Asset Name	Term Loan B
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	2.25%
LIBOR Floor	0%
Current Rate (All In)	2.46%
Maturity Date	Apr. 23, 2026
Principal/ Number of Shares | shares	989,873
Cost	$ 983,805
Fair Value	$ 967,601
Blackstone Mortgage Trust, Inc. One [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Banking, Finance, Insurance & Real Estate
Asset Name	Term Loan (6/21)
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	2.75%
LIBOR Floor	0.50%
Current Rate (All In)	3.25%
Maturity Date	Apr. 23, 2026
Principal/ Number of Shares | shares	1,480,053
Cost	$ 1,470,897
Fair Value	$ 1,464,335
Blucora, Inc. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Services: Consumer
Asset Name	Term Loan (11/17)
Asset Type	Loan
Reference Rate	3M USD LIBOR+
Reference Spread	4%
LIBOR Floor	1%
Current Rate (All In)	5%
Maturity Date	May 22, 2024
Principal/ Number of Shares | shares	2,443,339
Cost	$ 2,437,898
Fair Value	$ 2,437,230
Blue Tree Holdings, Inc. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Chemicals, Plastics, & Rubber
Asset Name	Term Loan (2/21)
Asset Type	Loan
Reference Rate	3M USD LIBOR+
Reference Spread	2.50%
LIBOR Floor	0%
Current Rate (All In)	2.72%
Maturity Date	Mar. 04, 2028
Principal/ Number of Shares | shares	992,500
Cost	$ 990,307
Fair Value	$ 983,200
Bombardier Recreational Products, Inc. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Consumer goods: Durable
Asset Name	Term Loan (1/20)
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	2%
LIBOR Floor	0%
Current Rate (All In)	2.21%
Maturity Date	May 24, 2027
Principal/ Number of Shares | shares	1,470,049
Cost	$ 1,461,460
Fair Value	$ 1,442,486
Boxer Parent Company, Inc. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	High Tech Industries
Asset Name	Term Loan (2/21)
Asset Type	Loan
Reference Rate	3M USD LIBOR+
Reference Spread	3.75%
LIBOR Floor	0%
Current Rate (All In)	3.97%
Maturity Date	Oct. 02, 2025
Principal/ Number of Shares | shares	522,846
Cost	$ 522,846
Fair Value	$ 516,310
Bracket Intermediate Holding Corp [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Healthcare & Pharmaceuticals
Asset Name	Term Loan
Asset Type	Loan
Reference Rate	3M USD LIBOR+
Reference Spread	4.25%
LIBOR Floor	0%
Current Rate (All In)	4.47%
Maturity Date	Sep. 05, 2025
Principal/ Number of Shares | shares	967,500
Cost	$ 964,897
Fair Value	$ 959,034
BrightSpring Health Services (Phoenix Guarantor) [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Healthcare & Pharmaceuticals
Asset Name	Term Loan B-3
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	3.50%
LIBOR Floor	0%
Current Rate (All In)	3.66%
Maturity Date	Mar. 05, 2026
Principal/ Number of Shares | shares	992,500
Cost	$ 992,500
Fair Value	$ 980,342
BroadStreet Partners, Inc. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Banking, Finance, Insurance & Real Estate
Asset Name	Term Loan B3
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	3%
LIBOR Floor	0%
Current Rate (All In)	3.21%
Maturity Date	Jan. 22, 2027
Principal/ Number of Shares | shares	2,979,108
Cost	$ 2,973,591
Fair Value	$ 2,930,697
Brookfield WEC Holdings Inc. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Energy: Electricity
Asset Name	Term Loan (1/21)
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	2.75%
LIBOR Floor	0.50%
Current Rate (All In)	3.25%
Maturity Date	Aug. 01, 2025
Principal/ Number of Shares | shares	1,477,538
Cost	$ 1,479,743
Fair Value	$ 1,453,528
Buckeye Partners, L.P. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Utilities: Oil & Gas
Asset Name	Term Loan (1/21)
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	2.25%
LIBOR Floor	0%
Current Rate (All In)	2.36%
Maturity Date	Nov. 01, 2026
Principal/ Number of Shares | shares	1,970,088
Cost	$ 1,958,262
Fair Value	$ 1,946,565
BW Gas & Convenience Holdings LLC [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Beverage, Food & Tobacco
Asset Name	Term Loan B
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	3.50%
LIBOR Floor	0.50%
Current Rate (All In)	4%
Maturity Date	Mar. 31, 2028
Principal/ Number of Shares | shares	2,487,500
Cost	$ 2,465,358
Fair Value	$ 2,475,063
Callaway Golf Company [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Retail
Asset Name	Term Loan B
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	4.50%
LIBOR Floor	0%
Current Rate (All In)	4.71%
Maturity Date	Jan. 04, 2026
Principal/ Number of Shares | shares	682,500
Cost	$ 673,958
Fair Value	$ 681,005
CareerBuilder, LLC [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Services: Business
Asset Name	Term Loan
Asset Type	Loan
Reference Rate	3M USD LIBOR+
Reference Spread	6.75%
LIBOR Floor	1%
Current Rate (All In)	7.75%
Maturity Date	Jul. 31, 2023
Principal/ Number of Shares | shares	5,393,388
Cost	$ 5,246,921
Fair Value	$ 4,159,650
CareStream Health, Inc. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Healthcare & Pharmaceuticals
Asset Name	Term Loan
Asset Type	Loan
Reference Rate	6M USD LIBOR+
Reference Spread	6.75%
LIBOR Floor	1%
Current Rate (All In)	7.75%
Maturity Date	May 08, 2023
Principal/ Number of Shares | shares	2,184,163
Cost	$ 2,181,757
Fair Value	$ 2,184,163
Casa Systems, Inc [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Telecommunications
Asset Name	Term Loan
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	4%
LIBOR Floor	1%
Current Rate (All In)	5%
Maturity Date	Dec. 20, 2023
Principal/ Number of Shares | shares	1,391,125
Cost	$ 1,387,217
Fair Value	$ 1,349,391
Castle US Holding Corporation [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Media: Advertising, Printing & Publishing
Asset Name	Term Loan B (USD)
Asset Type	Loan
Reference Rate	3M USD LIBOR+
Reference Spread	3.75%
LIBOR Floor	0%
Current Rate (All In)	3.97%
Maturity Date	Jan. 27, 2027
Principal/ Number of Shares | shares	1,980,130
Cost	$ 1,968,915
Fair Value	$ 1,934,864
CBI BUYER, INC. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Consumer goods: Durable
Asset Name	Term Loan
Asset Type	Loan
Reference Rate	3M USD LIBOR+
Reference Spread	3.25%
LIBOR Floor	0.50%
Current Rate (All In)	3.75%
Maturity Date	Jan. 06, 2028
Principal/ Number of Shares | shares	995,000
Cost	$ 992,948
Fair Value	$ 963,906
CCC Intelligent Solutions Inc. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Services: Business
Asset Name	Term Loan B
Asset Type	Loan
Reference Rate	3M USD LIBOR+
Reference Spread	2.50%
LIBOR Floor	0.50%
Current Rate (All In)	3%
Maturity Date	Sep. 16, 2028
Principal/ Number of Shares | shares	250,000
Cost	$ 249,432
Fair Value	$ 246,875
CCI Buyer, Inc [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Telecommunications
Asset Name	Term Loan
Asset Type	Loan
Reference Rate	3M USD LIBOR+
Reference Spread	3.75%
LIBOR Floor	0.75%
Current Rate (All In)	4.50%
Maturity Date	Dec. 17, 2027
Principal/ Number of Shares | shares	248,125
Cost	$ 246,017
Fair Value	$ 245,257
CCRR Parent, Inc. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Healthcare & Pharmaceuticals
Asset Name	Term Loan B
Asset Type	Loan
Reference Rate	3M USD LIBOR+
Reference Spread	3.75%
LIBOR Floor	0.75%
Current Rate (All In)	4.50%
Maturity Date	Mar. 05, 2028
Principal/ Number of Shares | shares	992,500
Cost	$ 988,070
Fair Value	$ 986,297
CCS-CMGC Holdings, Inc. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Healthcare & Pharmaceuticals
Asset Name	Term Loan
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	5.50%
LIBOR Floor	0%
Current Rate (All In)	5.71%
Maturity Date	Sep. 25, 2025
Principal/ Number of Shares | shares	2,425,000
Cost	$ 2,412,003
Fair Value	$ 2,371,456
Cengage Learning, Inc. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Media: Advertising, Printing & Publishing
Asset Name	Term Loan B (6/21)
Asset Type	Loan
Reference Rate	6M USD LIBOR+
Reference Spread	4.75%
LIBOR Floor	1%
Current Rate (All In)	5.75%
Maturity Date	Jul. 14, 2026
Principal/ Number of Shares | shares	2,992,500
Cost	$ 2,966,179
Fair Value	$ 2,985,019
CENTURI GROUP, INC. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Construction & Building
Asset Name	Term Loan B
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	2.50%
LIBOR Floor	0.50%
Current Rate (All In)	3%
Maturity Date	Aug. 27, 2028
Principal/ Number of Shares | shares	931,998
Cost	$ 923,210
Fair Value	$ 923,647
CenturyLink, Inc. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Telecommunications
Asset Name	Term Loan B (1/20)
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	2.25%
LIBOR Floor	0%
Current Rate (All In)	2.46%
Maturity Date	Mar. 15, 2027
Principal/ Number of Shares | shares	3,929,899
Cost	$ 3,924,411
Fair Value	$ 3,823,045
Chemours Company, (The) [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Chemicals, Plastics, & Rubber
Asset Name	Term Loan
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	1.75%
LIBOR Floor	0%
Current Rate (All In)	1.96%
Maturity Date	Apr. 03, 2025
Principal/ Number of Shares | shares	915,661
Cost	$ 880,331
Fair Value	$ 896,780
Churchill Downs Incorporated [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Hotel, Gaming & Leisure
Asset Name	Term Loan B1 (3/21)
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	2%
LIBOR Floor	0%
Current Rate (All In)	2.21%
Maturity Date	Mar. 17, 2028
Principal/ Number of Shares | shares	496,250
Cost	$ 495,147
Fair Value	$ 489,427
CIMPRESS PUBLIC LIMITED COMPANY [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Media: Advertising, Printing & Publishing
Asset Name	USD Term Loan
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	3.50%
LIBOR Floor	0.50%
Current Rate (All In)	4%
Maturity Date	May 17, 2028
Principal/ Number of Shares | shares	995,000
Cost	$ 986,097
Fair Value	$ 987,538
CITADEL SECURITIES LP [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Banking, Finance, Insurance & Real Estate
Asset Name	Term Loan B (01/21)
Asset Type	Loan
Reference Rate	1M USD SOFR+
Reference Spread	2.50%
LIBOR Floor	0%
Current Rate (All In)	2.69%
Maturity Date	Feb. 02, 2028
Principal/ Number of Shares | shares	4,962,500
Cost	$ 4,957,863
Fair Value	$ 4,911,089
Clarios Global LP [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Automotive
Asset Name	Term Loan B1
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	3.25%
LIBOR Floor	0%
Current Rate (All In)	3.46%
Maturity Date	Apr. 30, 2026
Principal/ Number of Shares | shares	1,267,812
Cost	$ 1,259,559
Fair Value	$ 1,253,549
Claros Mortgage Trust, Inc [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Banking, Finance, Insurance & Real Estate
Asset Name	Term Loan B-1 (11/21)
Asset Type	Loan
Reference Rate	1M USD SOFR+
Reference Spread	4.50%
LIBOR Floor	0.50%
Current Rate (All In)	5%
Maturity Date	Aug. 09, 2026
Principal/ Number of Shares | shares	3,474,709
Cost	$ 3,452,852
Fair Value	$ 3,457,336
Cole Haan [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Consumer goods: Non-durable
Asset Name	Term Loan B
Asset Type	Loan
Reference Rate	3M USD LIBOR+
Reference Spread	5.50%
LIBOR Floor	0%
Current Rate (All In)	6.01%
Maturity Date	Feb. 07, 2025
Principal/ Number of Shares | shares	925,000
Cost	$ 919,273
Fair Value	$ 811,688
Columbus McKinnon Corporation [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Capital Equipment
Asset Name	Term Loan (4/21)
Asset Type	Loan
Reference Rate	3M USD LIBOR+
Reference Spread	2.75%
LIBOR Floor	0.50%
Current Rate (All In)	3.25%
Maturity Date	May 14, 2028
Principal/ Number of Shares | shares	487,192
Cost	$ 486,099
Fair Value	$ 482,929
Compass Power Generation, LLC [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Utilities: Electric
Asset Name	Term Loan B (08/18)
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	3.50%
LIBOR Floor	1%
Current Rate (All In)	4.50%
Maturity Date	Dec. 20, 2024
Principal/ Number of Shares | shares	1,707,152
Cost	$ 1,704,898
Fair Value	$ 1,686,120
Conduent, Inc. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Services: Business
Asset Name	Term Loan B
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	4.25%
LIBOR Floor	0.50%
Current Rate (All In)	4.75%
Maturity Date	Oct. 16, 2028
Principal/ Number of Shares | shares	1,000,000
Cost	$ 990,409
Fair Value	$ 990,310
Connect Finco SARL [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Telecommunications
Asset Name	Term Loan (1/21)
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	3.50%
LIBOR Floor	1%
Current Rate (All In)	4.50%
Maturity Date	Dec. 11, 2026
Principal/ Number of Shares | shares	2,947,500
Cost	$ 2,823,770
Fair Value	$ 2,906,972
Consolidated Communications, Inc. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Telecommunications
Asset Name	Term Loan B
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	3.50%
LIBOR Floor	0.75%
Current Rate (All In)	4.25%
Maturity Date	Oct. 02, 2027
Principal/ Number of Shares | shares	714,005
Cost	$ 705,262
Fair Value	$ 704,187
CORAL-US CO-BORROWER LLC [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Telecommunications
Asset Name	Term Loan B-5
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	2.25%
LIBOR Floor	0%
Current Rate (All In)	2.44%
Maturity Date	Jan. 31, 2028
Principal/ Number of Shares | shares	4,000,000
Cost	$ 3,986,739
Fair Value	$ 3,914,280
CoreCivic, Inc. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Banking, Finance, Insurance & Real Estate
Asset Name	Term Loan (12/19)
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	4.50%
LIBOR Floor	1%
Current Rate (All In)	5.50%
Maturity Date	Dec. 18, 2024
Principal/ Number of Shares | shares	1,872,727
Cost	$ 1,852,319
Fair Value	$ 1,857,127
Corelogic, Inc. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Services: Business
Asset Name	Term Loan (4/21)
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	3.50%
LIBOR Floor	0.50%
Current Rate (All In)	4%
Maturity Date	Jun. 02, 2028
Principal/ Number of Shares | shares	2,493,750
Cost	$ 2,482,238
Fair Value	$ 2,459,461
Cortes NP Acquisition Corp (Vertiv) [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Capital Equipment
Asset Name	Term Loan 2/21
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	2.75%
LIBOR Floor	0%
Current Rate (All In)	2.86%
Maturity Date	Mar. 02, 2027
Principal/ Number of Shares | shares	1,980,000
Cost	$ 1,980,000
Fair Value	$ 1,913,175
COWEN INC. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Banking, Finance, Insurance & Real Estate
Asset Name	Term Loan
Asset Type	Loan
Reference Rate	6M USD LIBOR+
Reference Spread	3.25%
LIBOR Floor	0%
Current Rate (All In)	4%
Maturity Date	Mar. 24, 2028
Principal/ Number of Shares | shares	3,967,481
Cost	$ 3,944,804
Fair Value	$ 3,898,050
CROCS INC [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Consumer goods: Durable
Asset Name	Term Loan
Asset Type	Loan
Reference Rate	3M USD SOFR+
Reference Spread	3.50%
LIBOR Floor	0.50%
Current Rate (All In)	4.03%
Maturity Date	Jan. 26, 2029
Principal/ Number of Shares | shares	1,000,000
Cost	$ 995,000
Fair Value	$ 987,500
Cross Financial Corp [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Banking, Finance, Insurance & Real Estate
Asset Name	Term Loan B (3/21)
Asset Type	Loan
Reference Rate	6M USD LIBOR+
Reference Spread	4%
LIBOR Floor	0.75%
Current Rate (All In)	4.81%
Maturity Date	Sep. 15, 2027
Principal/ Number of Shares | shares	497,500
Cost	$ 497,013
Fair Value	$ 495,634
Crown Subsea Communications Holding, Inc. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Construction & Building
Asset Name	Term Loan (4/21)
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	4.75%
LIBOR Floor	0.75%
Current Rate (All In)	5.50%
Maturity Date	Apr. 27, 2027
Principal/ Number of Shares | shares	2,404,110
Cost	$ 2,382,506
Fair Value	$ 2,402,114
CSC Holdings LLC (Neptune Finco Corp.) [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Media: Broadcasting & Subscription
Asset Name	Term Loan B (03/17)
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	2.25%
LIBOR Floor	0%
Current Rate (All In)	2.44%
Maturity Date	Jul. 15, 2025
Principal/ Number of Shares | shares	1,934,010
Cost	$ 1,919,923
Fair Value	$ 1,873,263
CSC Holdings LLC (Neptune Finco Corp.) One [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Media: Broadcasting & Subscription
Asset Name	Term Loan B
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	2.25%
LIBOR Floor	0%
Current Rate (All In)	2.44%
Maturity Date	Jan. 15, 2026
Principal/ Number of Shares | shares	485,000
Cost	$ 484,359
Fair Value	$ 469,946
CSC Holdings LLC (Neptune Finco Corp.) Two [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Media: Broadcasting & Subscription
Asset Name	Term Loan B-5
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	2.50%
LIBOR Floor	0%
Current Rate (All In)	2.69%
Maturity Date	Apr. 15, 2027
Principal/ Number of Shares | shares	490,000
Cost	$ 490,000
Fair Value	$ 475,035
CTS Midco, LLC [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	High Tech Industries
Asset Name	Term Loan B
Asset Type	Loan
Reference Rate	3M USD LIBOR+
Reference Spread	6%
LIBOR Floor	1%
Current Rate (All In)	7%
Maturity Date	Nov. 02, 2027
Principal/ Number of Shares | shares	1,980,000
Cost	$ 1,929,799
Fair Value	$ 1,952,775
Daseke Inc [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Transportation: Cargo
Asset Name	Term Loan 2/21
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	4%
LIBOR Floor	0.75%
Current Rate (All In)	4.75%
Maturity Date	Mar. 05, 2028
Principal/ Number of Shares | shares	1,488,750
Cost	$ 1,482,131
Fair Value	$ 1,473,863
DCert Buyer, Inc. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	High Tech Industries
Asset Name	Term Loan
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	4%
LIBOR Floor	0%
Current Rate (All In)	4.21%
Maturity Date	Oct. 16, 2026
Principal/ Number of Shares | shares	1,484,887
Cost	$ 1,484,887
Fair Value	$ 1,477,046
Dealer Tire, LLC [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Automotive
Asset Name	Term Loan B-1
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	4.25%
LIBOR Floor	0%
Current Rate (All In)	4.46%
Maturity Date	Dec. 12, 2025
Principal/ Number of Shares | shares	2,940,000
Cost	$ 2,935,370
Fair Value	$ 2,926,211
Delek US Holdings, Inc. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Utilities: Oil & Gas
Asset Name	Term Loan B
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	2.25%
LIBOR Floor	0%
Current Rate (All In)	2.46%
Maturity Date	Mar. 31, 2025
Principal/ Number of Shares | shares	6,315,361
Cost	$ 6,274,862
Fair Value	$ 6,148,699
DexKo Global, Inc. (Dragon Merger) [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Automotive
Asset Name	Term Loan (9/21)
Asset Type	Loan
Reference Rate	3M USD LIBOR+
Reference Spread	3.75%
LIBOR Floor	0.50%
Current Rate (All In)	4.25%
Maturity Date	Oct. 04, 2028
Principal/ Number of Shares | shares	840,000
Cost	$ 836,119
Fair Value	$ 828,450
DexKo Global, Inc. (Dragon Merger) (a) [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Automotive
Asset Name	Delayed Draw Term Loan (9/21)
Asset Type	Loan
Reference Rate	3M USD LIBOR+
Reference Spread	3.75%
LIBOR Floor	0.50%
Current Rate (All In)	4.25%
Maturity Date	Oct. 04, 2028
Principal/ Number of Shares | shares	130,905
Cost	$ 134,906
Fair Value	$ 132,706
Diamond Sports Group, LLC [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Media: Broadcasting & Subscription
Asset Name	Term Loan
Asset Type	Loan
Reference Rate	Prime+
Reference Spread	2.25%
LIBOR Floor	0%
Current Rate (All In)	5.50%
Maturity Date	Aug. 24, 2026
Principal/ Number of Shares | shares	3,408,970
Cost	$ 2,964,398
Fair Value	$ 1,264,728
DIRECTV FINANCING, LLC [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Media: Broadcasting & Subscription
Asset Name	Term Loan
Asset Type	Loan
Reference Rate	3M USD LIBOR+
Reference Spread	5%
LIBOR Floor	0.75%
Current Rate (All In)	5.75%
Maturity Date	Aug. 02, 2027
Principal/ Number of Shares | shares	3,910,000
Cost	$ 3,874,543
Fair Value	$ 3,896,823
Dispatch Acquisition Holdings, LLC [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Environmental Industries
Asset Name	Term Loan B (3/21)
Asset Type	Loan
Reference Rate	3M USD LIBOR+
Reference Spread	4.25%
LIBOR Floor	0.75%
Current Rate (All In)	5%
Maturity Date	Mar. 25, 2028
Principal/ Number of Shares | shares	497,500
Cost	$ 493,121
Fair Value	$ 493,769
DOMTAR CORPORATION [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Forest Products & Paper
Asset Name	Term Loan 9/21
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	5.50%
LIBOR Floor	0.75%
Current Rate (All In)	6.25%
Maturity Date	Nov. 30, 2028
Principal/ Number of Shares | shares	840,645
Cost	$ 832,557
Fair Value	$ 837,140
DRI HOLDING INC. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Media: Advertising, Printing & Publishing
Asset Name	Term Loan (12/21)
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	5.25%
LIBOR Floor	0.50%
Current Rate (All In)	5.75%
Maturity Date	Dec. 15, 2028
Principal/ Number of Shares | shares	3,000,000
Cost	$ 2,970,701
Fair Value	$ 2,944,500
DRW Holdings, LLC [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Banking, Finance, Insurance & Real Estate
Asset Name	Term Loan (2/21)
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	3.75%
LIBOR Floor	0%
Current Rate (All In)	3.96%
Maturity Date	Mar. 01, 2028
Principal/ Number of Shares | shares	6,500,000
Cost	$ 6,454,552
Fair Value	$ 6,467,500
DTZ U.S. Borrower, LLC [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Construction & Building
Asset Name	Term Loan
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	2.75%
LIBOR Floor	0%
Current Rate (All In)	2.96%
Maturity Date	Aug. 21, 2025
Principal/ Number of Shares | shares	3,876,012
Cost	$ 3,865,362
Fair Value	$ 3,838,880
EAB Global, Inc. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Services: Business
Asset Name	Term Loan (08/21)
Asset Type	Loan
Reference Rate	6M USD LIBOR+
Reference Spread	3.50%
LIBOR Floor	0.50%
Current Rate (All In)	4%
Maturity Date	Aug. 16, 2028
Principal/ Number of Shares | shares	1,000,000
Cost	$ 995,320
Fair Value	$ 989,250
Echo Global Logistics, Inc. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Services: Business
Asset Name	Term Loan
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	3.75%
LIBOR Floor	0.50%
Current Rate (All In)	4.25%
Maturity Date	Nov. 23, 2028
Principal/ Number of Shares | shares	2,000,000
Cost	$ 1,995,444
Fair Value	$ 1,978,500
Edelman Financial Group Inc., The [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Banking, Finance, Insurance & Real Estate
Asset Name	Term Loan B (3/21)
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	3.50%
LIBOR Floor	0.75%
Current Rate (All In)	4.25%
Maturity Date	Apr. 07, 2028
Principal/ Number of Shares | shares	2,210,766
Cost	$ 2,203,181
Fair Value	$ 2,190,603
Electrical Components Inter., Inc. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Capital Equipment
Asset Name	Term Loan (6/18)
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	4.25%
LIBOR Floor	0%
Current Rate (All In)	4.46%
Maturity Date	Jun. 26, 2025
Principal/ Number of Shares | shares	1,903,934
Cost	$ 1,903,934
Fair Value	$ 1,874,575
ELECTRON BIDCO INC. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Healthcare & Pharmaceuticals
Asset Name	Term Loan
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	3.25%
LIBOR Floor	0.50%
Current Rate (All In)	3.75%
Maturity Date	Nov. 01, 2028
Principal/ Number of Shares | shares	500,000
Cost	$ 497,610
Fair Value	$ 494,455
ELO Touch Solutions, Inc. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Media: Diversified & Production
Asset Name	Term Loan (12/18)
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	6.50%
LIBOR Floor	0%
Current Rate (All In)	6.71%
Maturity Date	Dec. 14, 2025
Principal/ Number of Shares | shares	2,341,935
Cost	$ 2,266,272
Fair Value	$ 2,334,137
Embecta Corp [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Healthcare & Pharmaceuticals
Asset Name	Term Loan B
Asset Type	Loan
Reference Rate	3M USD SOFR+
Reference Spread	3%
LIBOR Floor	0.50%
Current Rate (All In)	3.50%
Maturity Date	Jan. 26, 2029
Principal/ Number of Shares | shares	750,000
Cost	$ 746,250
Fair Value	$ 742,688
Endo Luxembourg Finance Company I S.a.r.l. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Healthcare & Pharmaceuticals
Asset Name	Term Loan (3/21)
Asset Type	Loan
Reference Rate	3M USD LIBOR+
Reference Spread	5%
LIBOR Floor	0.75%
Current Rate (All In)	5.75%
Maturity Date	Mar. 27, 2028
Principal/ Number of Shares | shares	2,347,110
Cost	$ 2,338,792
Fair Value	$ 2,264,421
Endure Digital, Inc. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	High Tech Industries
Asset Name	Term Loan B
Asset Type	Loan
Reference Rate	6M USD LIBOR+
Reference Spread	3.50%
LIBOR Floor	0.75%
Current Rate (All In)	4.25%
Maturity Date	Feb. 10, 2028
Principal/ Number of Shares | shares	2,487,500
Cost	$ 2,476,721
Fair Value	$ 2,394,219
Enterprise Merger Sub Inc. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Healthcare & Pharmaceuticals
Asset Name	Term Loan B (06/18)
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	3.75%
LIBOR Floor	0%
Current Rate (All In)	3.96%
Maturity Date	Oct. 10, 2025
Principal/ Number of Shares | shares	4,850,000
Cost	$ 4,844,205
Fair Value	$ 3,516,638
Equiniti Group PLC [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Services: Business
Asset Name	Term Loan B
Asset Type	Loan
Reference Rate	3M USD LIBOR+
Reference Spread	4.50%
LIBOR Floor	0.50%
Current Rate (All In)	5%
Maturity Date	Dec. 11, 2028
Principal/ Number of Shares | shares	500,000
Cost	$ 495,392
Fair Value	$ 497,085
EyeCare Partners, LLC [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Healthcare & Pharmaceuticals
Asset Name	Term Loan
Asset Type	Loan
Reference Rate	3M USD LIBOR+
Reference Spread	3.75%
LIBOR Floor	0%
Current Rate (All In)	3.97%
Maturity Date	Feb. 18, 2027
Principal/ Number of Shares | shares	1,967,959
Cost	$ 1,967,595
Fair Value	$ 1,945,820
Finco I LLC [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Banking, Finance, Insurance & Real Estate
Asset Name	Term Loan B (9/20)
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	2.50%
LIBOR Floor	0%
Current Rate (All In)	2.71%
Maturity Date	Jun. 27, 2025
Principal/ Number of Shares | shares	3,793,978
Cost	$ 3,787,136
Fair Value	$ 3,743,708
First Brands Group, LLC [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Automotive
Asset Name	1st Lien Term Loan (3/21)
Asset Type	Loan
Reference Rate	3M USD LIBOR+
Reference Spread	5%
LIBOR Floor	1%
Current Rate (All In)	6%
Maturity Date	Mar. 30, 2027
Principal/ Number of Shares | shares	4,962,500
Cost	$ 4,891,260
Fair Value	$ 4,925,281
First Eagle Investment Management [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Banking, Finance, Insurance & Real Estate
Asset Name	Refinancing Term Loan
Asset Type	Loan
Reference Rate	3M USD LIBOR+
Reference Spread	2.50%
LIBOR Floor	0%
Current Rate (All In)	2.72%
Maturity Date	Feb. 01, 2027
Principal/ Number of Shares | shares	5,200,639
Cost	$ 5,184,839
Fair Value	$ 5,109,628
First Student Bidco Inc. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Transportation: Consumer
Asset Name	Term Loan B
Asset Type	Loan
Reference Rate	3M USD LIBOR+
Reference Spread	3%
LIBOR Floor	0.50%
Current Rate (All In)	3.50%
Maturity Date	Jul. 21, 2028
Principal/ Number of Shares | shares	730,392
Cost	$ 725,495
Fair Value	$ 719,663
First Student Bidco Inc. One [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Transportation: Consumer
Asset Name	Term Loan C
Asset Type	Loan
Reference Rate	3M USD LIBOR+
Reference Spread	3%
LIBOR Floor	0.50%
Current Rate (All In)	3.50%
Maturity Date	Jul. 21, 2028
Principal/ Number of Shares | shares	269,608
Cost	$ 267,800
Fair Value	$ 265,647
Fitness International, LLC (LA Fitness) [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Services: Consumer
Asset Name	Term Loan B (4/18)
Asset Type	Loan
Reference Rate	3M USD LIBOR+
Reference Spread	3.25%
LIBOR Floor	1%
Current Rate (All In)	4.25%
Maturity Date	Apr. 18, 2025
Principal/ Number of Shares | shares	1,330,058
Cost	$ 1,325,610
Fair Value	$ 1,235,292
FOCUS FINANCIAL PARTNERS, LLC [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Banking, Finance, Insurance & Real Estate
Asset Name	Term Loan (1/20)
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	2%
LIBOR Floor	0%
Current Rate (All In)	2.21%
Maturity Date	Jul. 03, 2024
Principal/ Number of Shares | shares	494,872
Cost	$ 494,493
Fair Value	$ 488,122
Franchise Group, Inc. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Services: Consumer
Asset Name	First Out Term Loan
Asset Type	Loan
Reference Rate	3M USD LIBOR+
Reference Spread	4.75%
LIBOR Floor	0.75%
Current Rate (All In)	5.50%
Maturity Date	Mar. 10, 2026
Principal/ Number of Shares | shares	815,445
Cost	$ 808,696
Fair Value	$ 813,406
Franklin Square Holdings, L.P. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Banking, Finance, Insurance & Real Estate
Asset Name	Term Loan
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	2.25%
LIBOR Floor	0%
Current Rate (All In)	2.50%
Maturity Date	Aug. 01, 2025
Principal/ Number of Shares | shares	4,353,736
Cost	$ 4,335,125
Fair Value	$ 4,310,199
Froneri International (R&R Ice Cream) [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Beverage, Food & Tobacco
Asset Name	Term Loan B-2
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	2.25%
LIBOR Floor	0%
Current Rate (All In)	2.46%
Maturity Date	Jan. 29, 2027
Principal/ Number of Shares | shares	1,970,000
Cost	$ 1,966,736
Fair Value	$ 1,927,428
Garrett LX III S.a r.l. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Automotive
Asset Name	Dollar Term Loan
Asset Type	Loan
Reference Rate	3M USD LIBOR+
Reference Spread	3.25%
LIBOR Floor	0.50%
Current Rate (All In)	3.75%
Maturity Date	Apr. 28, 2028
Principal/ Number of Shares | shares	1,496,250
Cost	$ 1,489,649
Fair Value	$ 1,470,066
Gemini HDPE LLC [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Chemicals, Plastics, & Rubber
Asset Name	Term Loan B (12/20)
Asset Type	Loan
Reference Rate	3M USD LIBOR+
Reference Spread	3%
LIBOR Floor	0.50%
Current Rate (All In)	3.50%
Maturity Date	Dec. 31, 2027
Principal/ Number of Shares | shares	2,392,656
Cost	$ 2,376,261
Fair Value	$ 2,370,715
General Nutrition Centers, Inc. (d) [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Retail
Asset Name	Second Lien Term Loan
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	6%
LIBOR Floor	0%
Current Rate (All In)	6.11%
Maturity Date	Oct. 07, 2026
Principal/ Number of Shares | shares	376,605
Cost	$ 376,605
Fair Value	$ 351,342
Genesee & Wyoming, Inc. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Transportation: Cargo
Asset Name	Term Loan (11/19)
Asset Type	Loan
Reference Rate	3M USD LIBOR+
Reference Spread	2%
LIBOR Floor	0%
Current Rate (All In)	2.22%
Maturity Date	Dec. 30, 2026
Principal/ Number of Shares | shares	1,473,750
Cost	$ 1,468,685
Fair Value	$ 1,451,305
GEO Group, Inc., The [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Banking, Finance, Insurance & Real Estate
Asset Name	Term Loan Refinance
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	2%
LIBOR Floor	0.75%
Current Rate (All In)	2.75%
Maturity Date	Mar. 22, 2024
Principal/ Number of Shares | shares	3,922,786
Cost	$ 3,717,418
Fair Value	$ 3,615,828
GGP Inc. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Banking, Finance, Insurance & Real Estate
Asset Name	Term Loan B
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	2.50%
LIBOR Floor	0%
Current Rate (All In)	2.71%
Maturity Date	Aug. 27, 2025
Principal/ Number of Shares | shares	3,775,280
Cost	$ 3,197,869
Fair Value	$ 3,684,031
Gigamon Inc. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Services: Business
Asset Name	Term Loan B
Asset Type	Loan
Reference Rate	6M USD LIBOR+
Reference Spread	3.50%
LIBOR Floor	0.75%
Current Rate (All In)	4.25%
Maturity Date	Dec. 27, 2024
Principal/ Number of Shares | shares	2,900,607
Cost	$ 2,887,935
Fair Value	$ 2,889,730
Global Business Travel (GBT) III Inc. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Hotel, Gaming & Leisure
Asset Name	Term Loan
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	2.50%
LIBOR Floor	0%
Current Rate (All In)	2.71%
Maturity Date	Aug. 13, 2025
Principal/ Number of Shares | shares	4,353,750
Cost	$ 4,353,165
Fair Value	$ 4,065,314
Global Tel*Link Corporation [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Telecommunications
Asset Name	Term Loan B
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	4.25%
LIBOR Floor	0%
Current Rate (All In)	4.46%
Maturity Date	Nov. 29, 2025
Principal/ Number of Shares | shares	4,938,649
Cost	$ 4,748,435
Fair Value	$ 4,788,959
Go Daddy Operating Company, LLC [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	High Tech Industries
Asset Name	Term Loan 2/21
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	2%
LIBOR Floor	0%
Current Rate (All In)	2.21%
Maturity Date	Aug. 10, 2027
Principal/ Number of Shares | shares	1,979,899
Cost	$ 1,979,899
Fair Value	$ 1,948,657
Go Wireless Holdings, Inc. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Telecommunications
Asset Name	Term Loan
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	6.50%
LIBOR Floor	1%
Current Rate (All In)	7.50%
Maturity Date	Dec. 22, 2024
Principal/ Number of Shares | shares	2,846,753
Cost	$ 2,824,354
Fair Value	$ 2,828,961
GOLDEN WEST PACKAGING GROUP LLC [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Forest Products & Paper
Asset Name	Term Loan (11/21)
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	5.25%
LIBOR Floor	0.75%
Current Rate (All In)	6%
Maturity Date	Nov. 23, 2027
Principal/ Number of Shares | shares	2,000,000
Cost	$ 1,980,672
Fair Value	$ 1,980,000
Graham Packaging Co Inc [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Containers, Packaging & Glass
Asset Name	Term Loan (2/21)
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	3%
LIBOR Floor	0.75%
Current Rate (All In)	3.75%
Maturity Date	Aug. 07, 2027
Principal/ Number of Shares | shares	972,314
Cost	$ 966,607
Fair Value	$ 961,647
Great Outdoors Group, LLC [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Retail
Asset Name	Term Loan B2
Asset Type	Loan
Reference Rate	3M USD LIBOR+
Reference Spread	3.75%
LIBOR Floor	0.75%
Current Rate (All In)	4.50%
Maturity Date	Mar. 06, 2028
Principal/ Number of Shares | shares	990,019
Cost	$ 985,574
Fair Value	$ 984,079
Greenhill & Co., Inc. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Banking, Finance, Insurance & Real Estate
Asset Name	Term Loan B
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	3.25%
LIBOR Floor	0%
Current Rate (All In)	3.46%
Maturity Date	Apr. 12, 2024
Principal/ Number of Shares | shares	2,844,231
Cost	$ 2,829,223
Fair Value	$ 2,826,454
Griffon Corporation [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Consumer goods: Durable
Asset Name	Term Loan B
Asset Type	Loan
Reference Rate	3M USD SOFR+
Reference Spread	2.75%
LIBOR Floor	0.50%
Current Rate (All In)	3.27%
Maturity Date	Jan. 24, 2029
Principal/ Number of Shares | shares	250,000
Cost	$ 249,378
Fair Value	$ 248,063
Grosvenor Capital Management Holdings, LLLP [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Banking, Finance, Insurance & Real Estate
Asset Name	Amendment 5 Term Loan
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	2.50%
LIBOR Floor	0.50%
Current Rate (All In)	3%
Maturity Date	Feb. 24, 2028
Principal/ Number of Shares | shares	3,870,741
Cost	$ 3,867,368
Fair Value	$ 3,845,581
Harbor Freight Tools USA, Inc. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Retail
Asset Name	Term Loan B (06/21)
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	2.75%
LIBOR Floor	0.50%
Current Rate (All In)	3.25%
Maturity Date	Oct. 19, 2027
Principal/ Number of Shares | shares	3,473,618
Cost	$ 3,452,200
Fair Value	$ 3,414,393
Harland Clarke Holdings Corp. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Media: Advertising, Printing & Publishing
Asset Name	Term Loan (08/21)
Asset Type	Loan
Reference Rate	3M USD LIBOR+
Reference Spread	7.75%
LIBOR Floor	1%
Current Rate (All In)	8.75%
Maturity Date	Jun. 16, 2026
Principal/ Number of Shares | shares	1,262,555
Cost	$ 1,260,655
Fair Value	$ 1,121,149
Helix Gen Funding, LLc [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Energy: Electricity
Asset Name	Term Loan B (02/17)
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	3.75%
LIBOR Floor	1%
Current Rate (All In)	4.75%
Maturity Date	Jun. 03, 2024
Principal/ Number of Shares | shares	226,716
Cost	$ 226,626
Fair Value	$ 218,895
Hillman Group Inc. (The) (New) [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Consumer goods: Durable
Asset Name	Term Loan B-1 (2/21)
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	2.75%
LIBOR Floor	0.50%
Current Rate (All In)	3.25%
Maturity Date	Jul. 14, 2028
Principal/ Number of Shares | shares	3,514,399
Cost	$ 3,506,291
Fair Value	$ 3,471,101
Hillman Group Inc. (The) (New) (a) [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Consumer goods: Durable
Asset Name	Delayed Draw Term Loan (2/21)
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	2.75%
LIBOR Floor	0.50%
Current Rate (All In)	3.25%
Maturity Date	Jul. 14, 2028
Principal/ Number of Shares | shares	67,342
Cost	$ 67,342
Fair Value	$ 56,947
HLF Financing SARL (Herbalife) [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Consumer goods: Non-durable
Asset Name	Term Loan B (08/18)
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	2.50%
LIBOR Floor	0%
Current Rate (All In)	2.71%
Maturity Date	Aug. 18, 2025
Principal/ Number of Shares | shares	3,550,000
Cost	$ 3,541,488
Fair Value	$ 3,505,625
Holley Purchaser, Inc [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Automotive
Asset Name	Term Loan (11/21)
Asset Type	Loan
Reference Rate	3M USD LIBOR+
Reference Spread	3.75%
LIBOR Floor	0.75%
Current Rate (All In)	4.50%
Maturity Date	Nov. 17, 2028
Principal/ Number of Shares | shares	2,137,500
Cost	$ 2,127,187
Fair Value	$ 2,117,899
Holley Purchaser, Inc (a) [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Automotive
Asset Name	Delayed Draw Term Loan
Asset Type	Loan
Reference Rate	3M USD LIBOR+
Reference Spread	3.75%
LIBOR Floor	0.75%
Current Rate (All In)	4.50%
Maturity Date	Nov. 17, 2028
Principal/ Number of Shares | shares	106,875
Cost	$ 106,875
Fair Value	$ 103,602
Howden Group Holdings [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Banking, Finance, Insurance & Real Estate
Asset Name	Term Loan (1/21)
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	3.25%
LIBOR Floor	0.75%
Current Rate (All In)	4%
Maturity Date	Nov. 12, 2027
Principal/ Number of Shares | shares	2,174,152
Cost	$ 2,164,312
Fair Value	$ 2,148,192
Hudson River Trading LLC [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Banking, Finance, Insurance & Real Estate
Asset Name	Term Loan (3/21)
Asset Type	Loan
Reference Rate	1M USD SOFR+
Reference Spread	3%
LIBOR Floor	0%
Current Rate (All In)	3.30%
Maturity Date	Mar. 17, 2028
Principal/ Number of Shares | shares	5,955,000
Cost	$ 5,902,173
Fair Value	$ 5,843,344
Idera, Inc. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	High Tech Industries
Asset Name	Term Loan (02/21)
Asset Type	Loan
Reference Rate	6M USD LIBOR+
Reference Spread	3.75%
LIBOR Floor	0.75%
Current Rate (All In)	4.50%
Maturity Date	Mar. 02, 2028
Principal/ Number of Shares | shares	4,860,079
Cost	$ 4,848,914
Fair Value	$ 4,811,478
IMA Financial Group, Inc. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Banking, Finance, Insurance & Real Estate
Asset Name	Term Loan (10/21)
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	3.75%
LIBOR Floor	0.50%
Current Rate (All In)	4.25%
Maturity Date	Nov. 01, 2028
Principal/ Number of Shares | shares	2,000,000
Cost	$ 1,990,546
Fair Value	$ 1,973,760
INDY US BIDCO, LLC [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Services: Business
Asset Name	Term Loan (11/21)
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	3.75%
LIBOR Floor	0%
Current Rate (All In)	3.96%
Maturity Date	Mar. 06, 2028
Principal/ Number of Shares | shares	2,238,141
Cost	$ 2,237,925
Fair Value	$ 2,221,355
INEOS US PETROCHEM LLC [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Chemicals, Plastics, & Rubber
Asset Name	Term Loan (1/21)
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	2.75%
LIBOR Floor	0.50%
Current Rate (All In)	3.25%
Maturity Date	Jan. 29, 2026
Principal/ Number of Shares | shares	995,000
Cost	$ 991,113
Fair Value	$ 983,189
Informatica Inc. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	High Tech Industries
Asset Name	Term Loan B (10/21)
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	2.75%
LIBOR Floor	0%
Current Rate (All In)	3%
Maturity Date	Oct. 27, 2028
Principal/ Number of Shares | shares	500,000
Cost	$ 499,441
Fair Value	$ 493,440
Ingram Micro Inc. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	High Tech Industries
Asset Name	Term Loan
Asset Type	Loan
Reference Rate	3M USD LIBOR+
Reference Spread	3.50%
LIBOR Floor	0.50%
Current Rate (All In)	4%
Maturity Date	Jun. 30, 2028
Principal/ Number of Shares | shares	1,492,500
Cost	$ 1,478,709
Fair Value	$ 1,483,172
Inmar Acquisition Sub, Inc. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Services: Business
Asset Name	Term Loan B
Asset Type	Loan
Reference Rate	3M USD LIBOR+
Reference Spread	4%
LIBOR Floor	1%
Current Rate (All In)	5%
Maturity Date	May 01, 2024
Principal/ Number of Shares | shares	3,386,129
Cost	$ 3,343,519
Fair Value	$ 3,356,501
Innophos, Inc. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Chemicals, Plastics, & Rubber
Asset Name	Term Loan B
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	3.75%
LIBOR Floor	0%
Current Rate (All In)	3.96%
Maturity Date	Feb. 04, 2027
Principal/ Number of Shares | shares	491,250
Cost	$ 489,509
Fair Value	$ 487,973
INSTANT BRANDS HOLDINGS INC. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Consumer goods: Durable
Asset Name	Term Loan 4/21
Asset Type	Loan
Reference Rate	3M USD LIBOR+
Reference Spread	5%
LIBOR Floor	0.75%
Current Rate (All In)	5.75%
Maturity Date	Apr. 07, 2028
Principal/ Number of Shares | shares	4,368,033
Cost	$ 4,346,269
Fair Value	$ 4,018,591
INSTRUCTURE HOLDINGS, INC. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	High Tech Industries
Asset Name	Term Loan B
Asset Type	Loan
Reference Rate	3M USD LIBOR+
Reference Spread	2.75%
LIBOR Floor	0.50%
Current Rate (All In)	3.27%
Maturity Date	Oct. 21, 2028
Principal/ Number of Shares | shares	500,000
Cost	$ 498,797
Fair Value	$ 492,500
Isagenix International, LLC [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Beverage, Food & Tobacco
Asset Name	Term Loan
Asset Type	Loan
Reference Rate	3M USD LIBOR+
Reference Spread	5.75%
LIBOR Floor	1%
Current Rate (All In)	6.75%
Maturity Date	Jun. 14, 2025
Principal/ Number of Shares | shares	2,427,552
Cost	$ 2,401,608
Fair Value	$ 1,775,900
Ivory Merger Sub, Inc. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Healthcare & Pharmaceuticals
Asset Name	Term Loan
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	3.50%
LIBOR Floor	0%
Current Rate (All In)	3.67%
Maturity Date	Mar. 14, 2025
Principal/ Number of Shares | shares	2,949,539
Cost	$ 2,931,462
Fair Value	$ 2,870,285
J Jill Group, Inc [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Retail
Asset Name	Priming Term Loan
Asset Type	Loan
Reference Rate	3M USD LIBOR+
Reference Spread	5%
LIBOR Floor	1%
Current Rate (All In)	6%
Maturity Date	May 08, 2024
Principal/ Number of Shares | shares	1,574,907
Cost	$ 1,573,650
Fair Value	$ 1,409,542
Jane Street Group [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Banking, Finance, Insurance & Real Estate
Asset Name	Term Loan (1/21)
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	2.75%
LIBOR Floor	0%
Current Rate (All In)	2.96%
Maturity Date	Jan. 31, 2028
Principal/ Number of Shares | shares	3,960,000
Cost	$ 3,954,873
Fair Value	$ 3,906,778
Journey Personal Care Corp. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Consumer goods: Non-durable
Asset Name	Term Loan B
Asset Type	Loan
Reference Rate	3M USD LIBOR+
Reference Spread	4.25%
LIBOR Floor	0.75%
Current Rate (All In)	5%
Maturity Date	Mar. 01, 2028
Principal/ Number of Shares | shares	995,000
Cost	$ 990,570
Fair Value	$ 945,250
JP Intermediate B, LLC [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Consumer goods: Non-durable
Asset Name	Term Loan
Asset Type	Loan
Reference Rate	3M USD LIBOR+
Reference Spread	5.50%
LIBOR Floor	1%
Current Rate (All In)	6.50%
Maturity Date	Nov. 15, 2025
Principal/ Number of Shares | shares	4,154,019
Cost	$ 4,125,538
Fair Value	$ 3,620,933
KAR Auction Services, Inc. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Automotive
Asset Name	Term Loan B (09/19)
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	2.25%
LIBOR Floor	0%
Current Rate (All In)	2.50%
Maturity Date	Sep. 19, 2026
Principal/ Number of Shares | shares	244,375
Cost	$ 243,989
Fair Value	$ 241,931
Klockner-Pentaplast of America, Inc. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Containers, Packaging & Glass
Asset Name	Term Loan (1/21) (USD)
Asset Type	Loan
Reference Rate	6M USD LIBOR+
Reference Spread	4.75%
LIBOR Floor	0.50%
Current Rate (All In)	5.55%
Maturity Date	Feb. 12, 2026
Principal/ Number of Shares | shares	1,488,750
Cost	$ 1,482,629
Fair Value	$ 1,391,981
Kodiak BP, LLC [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Construction & Building
Asset Name	Term Loan
Asset Type	Loan
Reference Rate	3M USD LIBOR+
Reference Spread	3.25%
LIBOR Floor	0.75%
Current Rate (All In)	4%
Maturity Date	Mar. 13, 2028
Principal/ Number of Shares | shares	496,250
Cost	$ 494,732
Fair Value	$ 489,054
KREF Holdings X LLC Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Banking, Finance, Insurance & Real Estate
Asset Name	Term Loan (11/21)
Asset Type	Loan
Reference Rate	3M USD LIBOR+
Reference Spread	3.50%
LIBOR Floor	0.50%
Current Rate (All In)	4%
Maturity Date	Sep. 01, 2027
Principal/ Number of Shares | shares	496,250
Cost	$ 486,145
Fair Value	$ 491,288
Lakeland Tours, LLC (d) [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Hotel, Gaming & Leisure
Asset Name	Priority Exit PIK Term Loan (9/20)
Asset Type	Loan
Reference Rate	3M USD LIBOR+
Reference Spread	6%
LIBOR Floor	1.25%
Current Rate (All In)	7.25%
Maturity Date	Sep. 25, 2023
Principal/ Number of Shares | shares	299,904
Cost	$ 288,132
Fair Value	$ 300,054
Lakeland Tours, LLC (d) One [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Hotel, Gaming & Leisure
Asset Name	2nd Out Take Back PIK Term Loan
Asset Type	Loan
Reference Rate	3M USD LIBOR+
Reference Spread	1.50%
LIBOR Floor	1.25%
Current Rate (All In)	2.75%
Maturity Date	Sep. 25, 2025
Principal/ Number of Shares | shares	616,465
Cost	$ 528,040
Fair Value	$ 592,115
Lakeland Tours, LLC (d) Two [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Hotel, Gaming & Leisure
Asset Name	Third Out PIK Term Loan
Asset Type	Loan
Reference Rate	3M USD LIBOR+
Reference Spread	1.50%
LIBOR Floor	1.25%
Current Rate (All In)	2.75%
Maturity Date	Sep. 25, 2025
Principal/ Number of Shares | shares	818,373
Cost	$ 540,076
Fair Value	$ 720,987
Lakeland Tours, LLC (d) Three [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Hotel, Gaming & Leisure
Asset Name	Holdco Fixed Term Loan
Asset Type	Loan
Reference Rate	Fixed
Reference Spread	0%
LIBOR Floor	0%
Current Rate (All In)	13.25%
Maturity Date	Sep. 27, 2027
Principal/ Number of Shares | shares	869,977
Cost	$ 228,303
Fair Value	$ 594,847
Lealand Finance Company B.V. (d) [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Energy: Oil & Gas
Asset Name	Exit Term Loan
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	1%
LIBOR Floor	0%
Current Rate (All In)	1.21%
Maturity Date	Jun. 30, 2025
Principal/ Number of Shares | shares	334,753
Cost	$ 334,753
Fair Value	$ 155,422
Learfield Communications, Inc [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Media: Advertising, Printing & Publishing
Asset Name	Initial Term Loan (A-L Parent)
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	3.25%
LIBOR Floor	1%
Current Rate (All In)	4.25%
Maturity Date	Dec. 01, 2023
Principal/ Number of Shares | shares	475,000
Cost	$ 474,352
Fair Value	$ 449,616
Lifetime Brands, Inc [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Consumer goods: Non-durable
Asset Name	Term Loan B
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	3.50%
LIBOR Floor	1%
Current Rate (All In)	4.50%
Maturity Date	Feb. 28, 2025
Principal/ Number of Shares | shares	2,694,077
Cost	$ 2,673,038
Fair Value	$ 2,667,136
Lightstone Generation LLC [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Energy: Electricity
Asset Name	Term Loan B
Asset Type	Loan
Reference Rate	3M USD LIBOR+
Reference Spread	3.75%
LIBOR Floor	1%
Current Rate (All In)	4.75%
Maturity Date	Jan. 30, 2024
Principal/ Number of Shares | shares	1,322,520
Cost	$ 1,321,594
Fair Value	$ 1,099,212
Lightstone Generation LLC One [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Energy: Electricity
Asset Name	Term Loan C
Asset Type	Loan
Reference Rate	3M USD LIBOR+
Reference Spread	3.75%
LIBOR Floor	1%
Current Rate (All In)	4.75%
Maturity Date	Jan. 30, 2024
Principal/ Number of Shares | shares	74,592
Cost	$ 74,542
Fair Value	$ 61,997
Liquid Tech Solutions Holdings, LLC [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Services: Business
Asset Name	Term Loan
Asset Type	Loan
Reference Rate	12M USD LIBOR+
Reference Spread	4.75%
LIBOR Floor	0%
Current Rate (All In)	5.50%
Maturity Date	Mar. 17, 2028
Principal/ Number of Shares | shares	995,000
Cost	$ 991,612
Fair Value	$ 991,269
LogMeIn, Inc. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	High Tech Industries
Asset Name	Term Loan (8/20)
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	4.75%
LIBOR Floor	0%
Current Rate (All In)	4.89%
Maturity Date	Aug. 31, 2027
Principal/ Number of Shares | shares	3,960,000
Cost	$ 3,897,792
Fair Value	$ 3,888,482
LOYALTY VENTURES INC. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Services: Business
Asset Name	Term Loan B
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	4.50%
LIBOR Floor	0.50%
Current Rate (All In)	5%
Maturity Date	Nov. 03, 2027
Principal/ Number of Shares | shares	3,340,141
Cost	$ 3,320,925
Fair Value	$ 3,294,214
LPL Holdings, Inc. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Banking, Finance, Insurance & Real Estate
Asset Name	Term Loan B1
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	1.75%
LIBOR Floor	0%
Current Rate (All In)	1.86%
Maturity Date	Nov. 11, 2026
Principal/ Number of Shares | shares	1,220,308
Cost	$ 1,218,289
Fair Value	$ 1,200,857
LSF11 A5 HOLDCO LLC [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Chemicals, Plastics, & Rubber
Asset Name	Term Loan
Asset Type	Loan
Reference Rate	1M USD SOFR+
Reference Spread	3.75%
LIBOR Floor	0.50%
Current Rate (All In)	4.25%
Maturity Date	Oct. 16, 2028
Principal/ Number of Shares | shares	250,000
Cost	$ 248,837
Fair Value	$ 246,875
MA FinanceCo LLC [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	High Tech Industries
Asset Name	Term Loan B4
Asset Type	Loan
Reference Rate	3M USD LIBOR+
Reference Spread	4.25%
LIBOR Floor	1%
Current Rate (All In)	5.25%
Maturity Date	Jun. 05, 2025
Principal/ Number of Shares | shares	2,234,660
Cost	$ 2,228,836
Fair Value	$ 2,208,582
MAGNITE, INC. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Services: Business
Asset Name	Term Loan
Asset Type	Loan
Reference Rate	6M USD LIBOR+
Reference Spread	5%
LIBOR Floor	0.75%
Current Rate (All In)	5.75%
Maturity Date	Apr. 28, 2028
Principal/ Number of Shares | shares	1,990,000
Cost	$ 1,935,905
Fair Value	$ 1,980,050
Marriott Ownership Resorts, Inc. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Hotel, Gaming & Leisure
Asset Name	Term Loan (11/19)
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	1.75%
LIBOR Floor	0%
Current Rate (All In)	1.96%
Maturity Date	Aug. 29, 2025
Principal/ Number of Shares | shares	1,317,074
Cost	$ 1,317,074
Fair Value	$ 1,290,403
Match Group, Inc, The [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Services: Consumer
Asset Name	Term Loan (1/20)
Asset Type	Loan
Reference Rate	3M USD LIBOR+
Reference Spread	1.75%
LIBOR Floor	0%
Current Rate (All In)	2.22%
Maturity Date	Feb. 15, 2027
Principal/ Number of Shares | shares	250,000
Cost	$ 249,562
Fair Value	$ 244,895
Mayfield Agency Borrower Inc. (FeeCo) [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Banking, Finance, Insurance & Real Estate
Asset Name	Term Loan
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	4.50%
LIBOR Floor	0%
Current Rate (All In)	4.71%
Maturity Date	Feb. 28, 2025
Principal/ Number of Shares | shares	3,392,071
Cost	$ 3,369,794
Fair Value	$ 3,375,823
McAfee, LLC [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Services: Business
Asset Name	Term Loan B
Asset Type	Loan
Reference Rate	Prime+
Reference Spread	2.75%
LIBOR Floor	0%
Current Rate (All In)	6%
Maturity Date	Sep. 30, 2024
Principal/ Number of Shares | shares	1,642,423
Cost	$ 1,638,322
Fair Value	$ 1,638,054
McGraw-Hill Education, Inc. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Media: Advertising, Printing & Publishing
Asset Name	Term Loan (07/21)
Asset Type	Loan
Reference Rate	3M USD LIBOR+
Reference Spread	4.75%
LIBOR Floor	0.50%
Current Rate (All In)	5.26%
Maturity Date	Jul. 28, 2028
Principal/ Number of Shares | shares	1,995,000
Cost	$ 1,976,108
Fair Value	$ 1,975,050
MedAssets Software Inter Hldg, Inc. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	High Tech Industries
Asset Name	Term Loan (11/21) (USD)
Asset Type	Loan
Reference Rate	3M USD LIBOR+
Reference Spread	4%
LIBOR Floor	0.50%
Current Rate (All In)	4.50%
Maturity Date	Nov. 17, 2028
Principal/ Number of Shares | shares	500,000
Cost	$ 492,500
Fair Value	$ 496,250
Mermaid Bidco Inc. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	High Tech Industries
Asset Name	Term Loan B2
Asset Type	Loan
Reference Rate	3M USD LIBOR+
Reference Spread	3.75%
LIBOR Floor	0.75%
Current Rate (All In)	4.50%
Maturity Date	Dec. 22, 2027
Principal/ Number of Shares | shares	993,756
Cost	$ 990,577
Fair Value	$ 976,366
Messer Industries, LLC [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Chemicals, Plastics, & Rubber
Asset Name	Term Loan B
Asset Type	Loan
Reference Rate	3M USD LIBOR+
Reference Spread	2.50%
LIBOR Floor	0%
Current Rate (All In)	2.72%
Maturity Date	Mar. 01, 2026
Principal/ Number of Shares | shares	3,381,477
Cost	$ 3,366,633
Fair Value	$ 3,341,677
Michaels Companies Inc [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Retail
Asset Name	Term Loan B (Magic Mergeco)
Asset Type	Loan
Reference Rate	3M USD LIBOR+
Reference Spread	4.25%
LIBOR Floor	0.75%
Current Rate (All In)	5%
Maturity Date	Apr. 08, 2028
Principal/ Number of Shares | shares	2,492,500
Cost	$ 2,474,302
Fair Value	$ 2,312,492
Milk Specialties Company [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Beverage, Food & Tobacco
Asset Name	Term Loan (6/21)
Asset Type	Loan
Reference Rate	3M USD LIBOR+
Reference Spread	4%
LIBOR Floor	1%
Current Rate (All In)	5%
Maturity Date	Aug. 15, 2025
Principal/ Number of Shares | shares	3,801,560
Cost	$ 3,774,075
Fair Value	$ 3,782,552
MJH Healthcare Holdings, LLC [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Healthcare & Pharmaceuticals
Asset Name	Term Loan B (01/22)
Asset Type	Loan
Reference Rate	1M USD SOFR+
Reference Spread	3.50%
LIBOR Floor	0.50%
Current Rate (All In)	4%
Maturity Date	Jan. 28, 2029
Principal/ Number of Shares | shares	250,000
Cost	$ 248,782
Fair Value	$ 247,500
MKS Instruments, Inc. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	High Tech Industries
Asset Name	Term Loan B6
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	1.75%
LIBOR Floor	0%
Current Rate (All In)	1.96%
Maturity Date	Feb. 02, 2026
Principal/ Number of Shares | shares	868,529
Cost	$ 863,296
Fair Value	$ 862,562
MRC Global Inc. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Metals & Mining
Asset Name	Term Loan B2
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	3%
LIBOR Floor	0%
Current Rate (All In)	3.21%
Maturity Date	Sep. 20, 2024
Principal/ Number of Shares | shares	351,484
Cost	$ 351,116
Fair Value	$ 348,848
MW Industries, Inc. (Helix Acquisition Holdings) [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Capital Equipment
Asset Name	Term Loan (2019 Incremental)
Asset Type	Loan
Reference Rate	3M USD LIBOR+
Reference Spread	3.75%
LIBOR Floor	0%
Current Rate (All In)	3.97%
Maturity Date	Sep. 30, 2024
Principal/ Number of Shares | shares	2,842,097
Cost	$ 2,812,930
Fair Value	$ 2,765,730
NAB Holdings, LLC (North American Bancard) [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Banking, Finance, Insurance & Real Estate
Asset Name	Term Loan (11/21)
Asset Type	Loan
Reference Rate	1M USD SOFR+
Reference Spread	3%
LIBOR Floor	0.50%
Current Rate (All In)	3.50%
Maturity Date	Nov. 17, 2028
Principal/ Number of Shares | shares	3,000,000
Cost	$ 2,992,613
Fair Value	$ 2,950,710
Natgasoline LLC [Member
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Chemicals, Plastics, & Rubber
Asset Name	Term Loan
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	3.50%
LIBOR Floor	0%
Current Rate (All In)	3.75%
Maturity Date	Nov. 14, 2025
Principal/ Number of Shares | shares	3,472,277
Cost	$ 3,448,686
Fair Value	$ 3,411,513
National Mentor Holdings, Inc. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Healthcare & Pharmaceuticals
Asset Name	Term Loan 2/21
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	3.75%
LIBOR Floor	0.75%
Current Rate (All In)	4.50%
Maturity Date	Mar. 02, 2028
Principal/ Number of Shares | shares	2,763,891
Cost	$ 2,753,599
Fair Value	$ 2,704,771
National Mentor Holdings, Inc. One [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Healthcare & Pharmaceuticals
Asset Name	Term Loan C 2/21
Asset Type	Loan
Reference Rate	3M USD LIBOR+
Reference Spread	3.75%
LIBOR Floor	0.75%
Current Rate (All In)	4.50%
Maturity Date	Mar. 02, 2028
Principal/ Number of Shares | shares	87,464
Cost	$ 87,078
Fair Value	$ 85,593
National Mentor Holdings, Inc. (a) [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Healthcare & Pharmaceuticals
Asset Name	Delayed Draw Term Loan 2/21
Asset Type	Loan
Reference Rate
Reference Spread
LIBOR Floor
Current Rate (All In)
Maturity Date	Mar. 02, 2028
Fair Value	$ (2,758)
Neenah, Inc. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Forest Products & Paper
Asset Name	Term Loan B (03/21)
Asset Type	Loan
Reference Rate	3M USD LIBOR+
Reference Spread	3%
LIBOR Floor	0.50%
Current Rate (All In)	3.50%
Maturity Date	Apr. 06, 2028
Principal/ Number of Shares | shares	1,990,000
Cost	$ 1,981,133
Fair Value	$ 1,960,150
NEW ERA CAP, LLC [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Consumer goods: Durable
Asset Name	Term Loan (01/22)
Asset Type	Loan
Reference Rate	6M USD LIBOR+
Reference Spread	6%
LIBOR Floor	0.75%
Current Rate (All In)	6.75%
Maturity Date	Jul. 13, 2027
Principal/ Number of Shares | shares	1,000,000
Cost	$ 998,828
Fair Value	$ 997,500
Nexstar Broadcasting, Inc. (Mission Broadcasting) [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Media: Broadcasting & Subscription
Asset Name	Term Loan
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	2.50%
LIBOR Floor	0%
Current Rate (All In)	2.61%
Maturity Date	Sep. 18, 2026
Principal/ Number of Shares | shares	1,113,795
Cost	$ 1,103,364
Fair Value	$ 1,107,146
Next Level Apparel, Inc. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Retail
Asset Name	Term Loan
Asset Type	Loan
Reference Rate	3M USD WIBOR+
Reference Spread	5.50%
LIBOR Floor	1%
Current Rate (All In)	6.50%
Maturity Date	Aug. 09, 2024
Principal/ Number of Shares | shares	1,725,340
Cost	$ 1,717,025
Fair Value	$ 1,690,834
NM Z Parent Inc (Zep Inc) [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Chemicals, Plastics, & Rubber
Asset Name	Term Loan
Asset Type	Loan
Reference Rate	12M USD LIBOR+
Reference Spread	4%
LIBOR Floor	1%
Current Rate (All In)	5%
Maturity Date	Aug. 09, 2024
Principal/ Number of Shares | shares	871,151
Cost	$ 869,399
Fair Value	$ 842,838
NorthPole Newco S.a.r.l (b), (d) [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Aerospace & Defense
Asset Name	Term Loan
Asset Type	Loan
Reference Rate	3M USD LIBOR+
Reference Spread	7%
LIBOR Floor	0%
Current Rate (All In)	7.22%
Maturity Date	Mar. 03, 2025
Principal/ Number of Shares | shares	5,348,887
Cost	$ 5,028,659
Fair Value	$ 1,537,805
NortonLifeLock Inc. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	High Tech Industries
Asset Name	Term Loan B
Asset Type	Loan
Reference Rate	3M USD SOFR+
Reference Spread	2%
LIBOR Floor	0.50%
Current Rate (All In)	2.50%
Maturity Date	Jan. 28, 2029
Principal/ Number of Shares | shares	1,500,000
Cost	$ 1,492,500
Fair Value	$ 1,480,620
Novae LLC [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Automotive
Asset Name	Term Loan B
Asset Type	Loan
Reference Rate	1M USD SOFR+
Reference Spread	5%
LIBOR Floor	0.75%
Current Rate (All In)	5.75%
Maturity Date	Dec. 22, 2028
Principal/ Number of Shares | shares	1,555,556
Cost	$ 1,540,210
Fair Value	$ 1,540,000
Novae LLC (a) [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Automotive
Asset Name	Delayed Draw Term Loan
Asset Type	Loan
Reference Rate
Reference Spread
LIBOR Floor
Current Rate (All In)
Maturity Date	Dec. 22, 2028
Fair Value	$ (4,444)
Novolex Holdings, Inc (Flex Acquisition) [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Containers, Packaging & Glass
Asset Name	Term Loan (02/21)
Asset Type	Loan
Reference Rate	3M USD LIBOR+
Reference Spread	3.50%
LIBOR Floor	0.50%
Current Rate (All In)	4%
Maturity Date	Mar. 02, 2028
Principal/ Number of Shares | shares	987,555
Cost	$ 983,296
Fair Value	$ 983,437
Nuvei Technologies Corp. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	High Tech Industries
Asset Name	US Term Loan
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	2.50%
LIBOR Floor	0.50%
Current Rate (All In)	3%
Maturity Date	Sep. 29, 2025
Principal/ Number of Shares | shares	2,238,750
Cost	$ 2,234,198
Fair Value	$ 2,210,766
Olaplex, Inc. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Consumer goods: Non-durable
Asset Name	Term Loan (2/22)
Asset Type	Loan
Reference Rate	1M USD SOFR+
Reference Spread	3.75%
LIBOR Floor	0.50%
Current Rate (All In)	4.25%
Maturity Date	Feb. 23, 2029
Principal/ Number of Shares | shares	1,000,000
Cost	$ 997,500
Fair Value	$ 996,250
Organon & Co. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Healthcare & Pharmaceuticals
Asset Name	Term Loan USD
Asset Type	Loan
Reference Rate	6M USD LIBOR+
Reference Spread	3%
LIBOR Floor	0.50%
Current Rate (All In)	3.50%
Maturity Date	Jun. 02, 2028
Principal/ Number of Shares | shares	2,410,417
Cost	$ 2,399,629
Fair Value	$ 2,397,617
Pacific Gas and Electric Company [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Utilities: Electric
Asset Name	Term Loan
Asset Type	Loan
Reference Rate	3M USD LIBOR+
Reference Spread	3%
LIBOR Floor	0.50%
Current Rate (All In)	3.50%
Maturity Date	Jun. 18, 2025
Principal/ Number of Shares | shares	1,479,969
Cost	$ 1,474,197
Fair Value	$ 1,449,999
PACTIV EVERGREEN GROUP HOLDINGS INC. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Containers, Packaging & Glass
Asset Name	Term Loan B
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	3.50%
LIBOR Floor	0.50%
Current Rate (All In)	4%
Maturity Date	Sep. 20, 2028
Principal/ Number of Shares | shares	997,500
Cost	$ 992,792
Fair Value	$ 984,473
Padagis LLC [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Healthcare & Pharmaceuticals
Asset Name	Term Loan
Asset Type	Loan
Reference Rate	3M USD LIBOR+
Reference Spread	4.75%
LIBOR Floor	0.50%
Current Rate (All In)	5.25%
Maturity Date	Jul. 06, 2028
Principal/ Number of Shares | shares	941,176
Cost	$ 932,470
Fair Value	$ 934,118
Panther Guarantor II, L.P. (Forcepoint) [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	High Tech Industries
Asset Name	Term Loan 1/21
Asset Type	Loan
Reference Rate	3M USD LIBOR+
Reference Spread	4.50%
LIBOR Floor	0.50%
Current Rate (All In)	5%
Maturity Date	Jan. 07, 2028
Principal/ Number of Shares | shares	497,500
Cost	$ 494,346
Fair Value	$ 493,520
Pathway Partners Vet Management Company LLC [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Services: Business
Asset Name	Term Loan
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	3.75%
LIBOR Floor	0%
Current Rate (All In)	3.96%
Maturity Date	Mar. 30, 2027
Principal/ Number of Shares | shares	491,473
Cost	$ 482,640
Fair Value	$ 486,804
PCI Gaming Authority [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Hotel, Gaming & Leisure
Asset Name	Term Loan
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	2.50%
LIBOR Floor	0%
Current Rate (All In)	2.71%
Maturity Date	May 29, 2026
Principal/ Number of Shares | shares	809,038
Cost	$ 806,361
Fair Value	$ 800,188
PEARLS (Netherlands) Bidco B.V. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Chemicals, Plastics, & Rubber
Asset Name	USD Term Loan (02/22)
Asset Type	Loan
Reference Rate	3M USD SOFR+
Reference Spread	4%
LIBOR Floor	0.50%
Current Rate (All In)	4.50%
Maturity Date	Feb. 04, 2029
Principal/ Number of Shares | shares	1,000,000
Cost	$ 997,500
Fair Value	$ 989,580
PECF USS INTERMEDIATE HOLDING III CORPORATION [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Environmental Industries
Asset Name	Term Loan B
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	4.25%
LIBOR Floor	0.50%
Current Rate (All In)	4.75%
Maturity Date	Dec. 15, 2028
Principal/ Number of Shares | shares	100,000
Cost	$ 99,777
Fair Value	$ 99,391
PEDIATRIC ASSOCIATES HOLDING COMPANY, LLC [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Healthcare & Pharmaceuticals
Asset Name	Term Loan (12/22)
Asset Type	Loan
Reference Rate	3M USD LIBOR+
Reference Spread	3.50%
LIBOR Floor	0%
Current Rate (All In)	3.84%
Maturity Date	Dec. 28, 2028
Principal/ Number of Shares | shares	1,302,632
Cost	$ 1,296,159
Fair Value	$ 1,291,234
PEDIATRIC ASSOCIATES HOLDING COMPANY, LLC One [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Healthcare & Pharmaceuticals
Asset Name	Delayed Draw Term Loan (12/21)
Asset Type	Loan
Reference Rate
Reference Spread
LIBOR Floor
Current Rate (All In)
Maturity Date	Dec. 28, 2028
Fair Value	$ (1,727)
Penn National Gaming [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Hotel, Gaming & Leisure
Asset Name	Term Loan B-1
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	2.25%
LIBOR Floor	0.75%
Current Rate (All In)	3%
Maturity Date	Oct. 15, 2025
Principal/ Number of Shares | shares	1,762,675
Cost	$ 1,715,292
Fair Value	$ 1,746,370
Peraton Corp. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Aerospace & Defense
Asset Name	Term Loan B
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	3.75%
LIBOR Floor	0.75%
Current Rate (All In)	4.50%
Maturity Date	Feb. 01, 2028
Principal/ Number of Shares | shares	5,459,994
Cost	$ 5,439,162
Fair Value	$ 5,425,869
PHYSICIAN PARTNERS, LLC [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Healthcare & Pharmaceuticals
Asset Name	Term Loan
Asset Type	Loan
Reference Rate	1M USD SOFR+
Reference Spread	4%
LIBOR Floor	0.50%
Current Rate (All In)	4.50%
Maturity Date	Dec. 23, 2028
Principal/ Number of Shares | shares	2,000,000
Cost	$ 1,980,245
Fair Value	$ 1,985,000
Ping Identity Corporation [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	High Tech Industries
Asset Name	Term Loan B (11/21)
Asset Type	Loan
Reference Rate	6M USD SOFR+
Reference Spread	3.75%
LIBOR Floor	0.50%
Current Rate (All In)	4.45%
Maturity Date	Nov. 22, 2028
Principal/ Number of Shares | shares	1,000,000
Cost	$ 995,074
Fair Value	$ 990,000
Pitney Bowes Inc [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Services: Business
Asset Name	Term Loan B
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	4%
LIBOR Floor	0%
Current Rate (All In)	4.21%
Maturity Date	Mar. 17, 2028
Principal/ Number of Shares | shares	2,977,500
Cost	$ 2,960,793
Fair Value	$ 2,944,003
Pixelle Specialty Solutions LLC [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Forest Products & Paper
Asset Name	Term Loan
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	6.50%
LIBOR Floor	1%
Current Rate (All In)	7.50%
Maturity Date	Oct. 31, 2024
Principal/ Number of Shares | shares	3,535,026
Cost	$ 3,515,981
Fair Value	$ 3,504,837
Plastipak Holdings Inc. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Containers, Packaging & Glass
Asset Name	Term Loan B (11/21)
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	2.50%
LIBOR Floor	0.50%
Current Rate (All In)	3%
Maturity Date	Nov. 17, 2028
Principal/ Number of Shares | shares	2,000,000
Cost	$ 1,990,299
Fair Value	$ 1,974,380
Playtika Holding Corp. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	High Tech Industries
Asset Name	Term Loan B (3/21)
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	2.75%
LIBOR Floor	0%
Current Rate (All In)	2.96%
Maturity Date	Mar. 13, 2028
Principal/ Number of Shares | shares	4,466,250
Cost	$ 4,457,371
Fair Value	$ 4,415,513
PMHC II, INC. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Chemicals, Plastics, & Rubber
Asset Name	Term Loan (02/22)
Asset Type	Loan
Reference Rate	3M USD SOFR+
Reference Spread	4.25%
LIBOR Floor	0.50%
Current Rate (All In)	4.75%
Maturity Date	Feb. 02, 2029
Principal/ Number of Shares | shares	2,000,000
Cost	$ 1,990,000
Fair Value	$ 1,968,340
PointClickCare Technologies, Inc. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	High Tech Industries
Asset Name	Term Loan B
Asset Type	Loan
Reference Rate	6M USD LIBOR+
Reference Spread	3%
LIBOR Floor	0.75%
Current Rate (All In)	3.75%
Maturity Date	Dec. 29, 2027
Principal/ Number of Shares | shares	496,250
Cost	$ 494,183
Fair Value	$ 486,945
Polymer Process Holdings, Inc. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Containers, Packaging & Glass
Asset Name	Term Loan
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	4.75%
LIBOR Floor	0.75%
Current Rate (All In)	5.50%
Maturity Date	Feb. 12, 2028
Principal/ Number of Shares | shares	5,458,750
Cost	$ 5,404,639
Fair Value	$ 5,333,635
Pre-Paid Legal Services, Inc. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Services: Consumer
Asset Name	Term Loan (12/21)
Asset Type	Loan
Reference Rate	3M USD LIBOR+
Reference Spread	3.75%
LIBOR Floor	0.50%
Current Rate (All In)	4.25%
Maturity Date	Dec. 15, 2028
Principal/ Number of Shares | shares	3,000,000
Cost	$ 2,975,633
Fair Value	$ 2,973,000
Presidio, Inc. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Services: Business
Asset Name	Term Loan B (1/20)
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	3.50%
LIBOR Floor	0%
Current Rate (All In)	3.71%
Maturity Date	Jan. 22, 2027
Principal/ Number of Shares | shares	492,500
Cost	$ 491,700
Fair Value	$ 488,038
Prime Security Services Borrower, LLC (ADT) [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Services: Consumer
Asset Name	Term Loan (1/21)
Asset Type	Loan
Reference Rate	6M USD LIBOR+
Reference Spread	2.75%
LIBOR Floor	0.75%
Current Rate (All In)	3.50%
Maturity Date	Sep. 23, 2026
Principal/ Number of Shares | shares	3,556,300
Cost	$ 3,553,818
Fair Value	$ 3,513,837
PRIORITY HOLDINGS, LLC [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Services: Consumer
Asset Name	Term Loan
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	5.75%
LIBOR Floor	1%
Current Rate (All In)	6.75%
Maturity Date	Apr. 27, 2027
Principal/ Number of Shares | shares	2,985,000
Cost	$ 2,957,411
Fair Value	$ 2,973,806
PriSo Acquisition Corporation [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Construction & Building
Asset Name	Term Loan (01/21)
Asset Type	Loan
Reference Rate	3M USD LIBOR+
Reference Spread	3.25%
LIBOR Floor	0.75%
Current Rate (All In)	4%
Maturity Date	Dec. 28, 2027
Principal/ Number of Shares | shares	496,248
Cost	$ 494,100
Fair Value	$ 487,832
Project Leopard Holdings Inc [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	High Tech Industries
Asset Name	Term Loan
Asset Type	Loan
Reference Rate	6M USD LIBOR+
Reference Spread	4.75%
LIBOR Floor	1%
Current Rate (All In)	5.75%
Maturity Date	Jul. 05, 2024
Principal/ Number of Shares | shares	495,000
Cost	$ 494,242
Fair Value	$ 492,678
Prometric Inc. (Sarbacane Bidco) [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Services: Consumer
Asset Name	Term Loan
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	3%
LIBOR Floor	1%
Current Rate (All In)	4%
Maturity Date	Jan. 29, 2025
Principal/ Number of Shares | shares	481,388
Cost	$ 480,315
Fair Value	$ 474,017
PUG LLC [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Services: Consumer
Asset Name	Term Loan B (02/20)
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	3.50%
LIBOR Floor	0%
Current Rate (All In)	3.71%
Maturity Date	Feb. 12, 2027
Principal/ Number of Shares | shares	485,075
Cost	$ 483,298
Fair Value	$ 475,374
QUEST BORROWER LIMITED [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	High Tech Industries
Asset Name	Term Loan (1/22)
Asset Type	Loan
Reference Rate	3M USD SOFR+
Reference Spread	4.25%
LIBOR Floor	0.50%
Current Rate (All In)	4.75%
Maturity Date	Jan. 19, 2029
Principal/ Number of Shares | shares	2,000,000
Cost	$ 1,980,237
Fair Value	$ 1,968,760
Rackspace Technology Global, Inc. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	High Tech Industries
Asset Name	Term Loan (1/21)
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	2.75%
LIBOR Floor	0.75%
Current Rate (All In)	3.50%
Maturity Date	Feb. 15, 2028
Principal/ Number of Shares | shares	496,250
Cost	$ 494,141
Fair Value	$ 480,519
RealPage, Inc. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	High Tech Industries
Asset Name	Term Loan (04/21)
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	3.25%
LIBOR Floor	0.50%
Current Rate (All In)	3.75%
Maturity Date	Apr. 24, 2028
Principal/ Number of Shares | shares	997,500
Cost	$ 995,328
Fair Value	$ 985,720
Renaissance Learning, Inc. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Services: Consumer
Asset Name	Term Loan (5/18)
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	3.25%
LIBOR Floor	0%
Current Rate (All In)	3.46%
Maturity Date	May 30, 2025
Principal/ Number of Shares | shares	2,969,141
Cost	$ 2,946,381
Fair Value	$ 2,922,496
Rent-A-Center, Inc. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Retail
Asset Name	Term Loan B2 (9/21)
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	3.25%
LIBOR Floor	0.50%
Current Rate (All In)	3.81%
Maturity Date	Feb. 17, 2028
Principal/ Number of Shares | shares	993,744
Cost	$ 991,647
Fair Value	$ 973,869
Research Now Group, Inc [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Media: Advertising, Printing & Publishing
Asset Name	Term Loan
Asset Type	Loan
Reference Rate	6M USD LIBOR+
Reference Spread	5.50%
LIBOR Floor	1%
Current Rate (All In)	6.50%
Maturity Date	Dec. 20, 2024
Principal/ Number of Shares | shares	4,343,378
Cost	$ 4,268,021
Fair Value	$ 4,251,082
Resideo Funding Inc. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Services: Consumer
Asset Name	Term Loan (1/21)
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	2.25%
LIBOR Floor	0.50%
Current Rate (All In)	2.75%
Maturity Date	Feb. 11, 2028
Principal/ Number of Shares | shares	1,488,750
Cost	$ 1,486,251
Fair Value	$ 1,481,306
Resolute Investment Managers (American Beacon), Inc. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Banking, Finance, Insurance & Real Estate
Asset Name	Term Loan (10/20)
Asset Type	Loan
Reference Rate	3M USD LIBOR+
Reference Spread	4.25%
LIBOR Floor	1%
Current Rate (All In)	5.25%
Maturity Date	Apr. 30, 2024
Principal/ Number of Shares | shares	3,084,702
Cost	$ 3,078,180
Fair Value	$ 3,067,366
Restoration Hardware, Inc. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Retail
Asset Name	Term Loan (9/21)
Asset Type	Loan
Reference Rate	3M USD LIBOR+
Reference Spread	2.50%
LIBOR Floor	0.50%
Current Rate (All In)	3%
Maturity Date	Oct. 20, 2028
Principal/ Number of Shares | shares	3,497,500
Cost	$ 3,489,704
Fair Value	$ 3,456,509
Reynolds Consumer Products LLC [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Containers, Packaging & Glass
Asset Name	Term Loan
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	1.75%
LIBOR Floor	0%
Current Rate (All In)	1.96%
Maturity Date	Jan. 29, 2027
Principal/ Number of Shares | shares	1,291,932
Cost	$ 1,290,988
Fair Value	$ 1,271,829
Reynolds Group Holdings Inc. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Metals & Mining
Asset Name	Term Loan B2
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	3.25%
LIBOR Floor	0%
Current Rate (All In)	3.46%
Maturity Date	Feb. 05, 2026
Principal/ Number of Shares | shares	3,465,000
Cost	$ 3,449,546
Fair Value	$ 3,406,545
Robertshaw US Holding Corp. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Consumer goods: Durable
Asset Name	Term Loan B
Asset Type	Loan
Reference Rate	6M USD LIBOR+
Reference Spread	3.50%
LIBOR Floor	1%
Current Rate (All In)	4.50%
Maturity Date	Feb. 28, 2025
Principal/ Number of Shares | shares	962,500
Cost	$ 961,492
Fair Value	$ 877,800
Rocket Software, Inc. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	High Tech Industries
Asset Name	Term Loan (11/18)
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	4.25%
LIBOR Floor	0%
Current Rate (All In)	4.46%
Maturity Date	Nov. 28, 2025
Principal/ Number of Shares | shares	2,905,190
Cost	$ 2,897,593
Fair Value	$ 2,876,138
Russell Investments US Inst’l Holdco, Inc. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Banking, Finance, Insurance & Real Estate
Asset Name	Term Loan (10/20)
Asset Type	Loan
Reference Rate	6M USD LIBOR+
Reference Spread	3.50%
LIBOR Floor	1%
Current Rate (All In)	4.50%
Maturity Date	Jun. 02, 2025
Principal/ Number of Shares | shares	5,637,965
Cost	$ 5,601,072
Fair Value	$ 5,592,185
RV Retailer LLC [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Automotive
Asset Name	Term Loan
Asset Type	Loan
Reference Rate	3M USD SOFR+
Reference Spread	3.75%
LIBOR Floor	0.75%
Current Rate (All In)	4.50%
Maturity Date	Feb. 08, 2028
Principal/ Number of Shares | shares	1,985,000
Cost	$ 1,967,852
Fair Value	$ 1,951,513
Ryan Specialty Group LLC [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Banking, Finance, Insurance & Real Estate
Asset Name	Term Loan
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	3%
LIBOR Floor	0.75%
Current Rate (All In)	3.75%
Maturity Date	Sep. 01, 2027
Principal/ Number of Shares | shares	493,750
Cost	$ 487,862
Fair Value	$ 489,583
S&S HOLDINGS LLC [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Services: Business
Asset Name	Term Loan
Asset Type	Loan
Reference Rate	3M USD LIBOR+
Reference Spread	5%
LIBOR Floor	0.50%
Current Rate (All In)	5.50%
Maturity Date	Mar. 10, 2028
Principal/ Number of Shares | shares	2,483,744
Cost	$ 2,427,454
Fair Value	$ 2,458,906
Sally Holdings LLC [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Retail
Asset Name	Term Loan B
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	2.25%
LIBOR Floor	0%
Current Rate (All In)	2.46%
Maturity Date	Jul. 05, 2024
Principal/ Number of Shares | shares	748,409
Cost	$ 746,932
Fair Value	$ 740,925
Samsonite International S.A. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Consumer goods: Non-durable
Asset Name	Term Loan B2
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	3%
LIBOR Floor	0.75%
Current Rate (All In)	3.75%
Maturity Date	Apr. 25, 2025
Principal/ Number of Shares | shares	987,538
Cost	$ 967,436
Fair Value	$ 979,519
Schweitzer-Mauduit International, Inc. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	High Tech Industries
Asset Name	Term Loan B
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	3.75%
LIBOR Floor	0.75%
Current Rate (All In)	4.50%
Maturity Date	Apr. 20, 2028
Principal/ Number of Shares | shares	2,985,000
Cost	$ 2,969,212
Fair Value	$ 2,895,450
Scientific Games Holdings LP [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Hotel, Gaming & Leisure
Asset Name	Term Loan B
Asset Type	Loan
Reference Rate	3M USD SOFR+
Reference Spread	3.50%
LIBOR Floor	0.50%
Current Rate (All In)	4%
Maturity Date	Feb. 03, 2029
Principal/ Number of Shares | shares	500,000
Cost	$ 498,750
Fair Value	$ 496,460
SETANTA AIRCRAFT LEASING DAC [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Aerospace & Defense
Asset Name	Term Loan
Asset Type	Loan
Reference Rate	3M USD LIBOR+
Reference Spread	2%
LIBOR Floor	0%
Current Rate (All In)	2.14%
Maturity Date	Nov. 02, 2028
Principal/ Number of Shares | shares	1,000,000
Cost	$ 997,653
Fair Value	$ 993,440
Signify Health, LLC [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Healthcare & Pharmaceuticals
Asset Name	Term Loan B (6/21)
Asset Type	Loan
Reference Rate	3M USD LIBOR+
Reference Spread	3.25%
LIBOR Floor	0.50%
Current Rate (All In)	3.75%
Maturity Date	Jun. 16, 2028
Principal/ Number of Shares | shares	498,750
Cost	$ 496,482
Fair Value	$ 492,206
Sitel Worldwide Corporation [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Services: Business
Asset Name	USD Term Loan (7/21)
Asset Type	Loan
Reference Rate	3M USD LIBOR+
Reference Spread	3.75%
LIBOR Floor	0.50%
Current Rate (All In)	4.25%
Maturity Date	Aug. 28, 2028
Principal/ Number of Shares | shares	1,995,000
Cost	$ 1,985,688
Fair Value	$ 1,981,294
SiteOne Landscape Supply, LLC [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Services: Business
Asset Name	Term Loan (3/21)
Asset Type	Loan
Reference Rate	3M USD LIBOR+
Reference Spread	2%
LIBOR Floor	0.50%
Current Rate (All In)	2.50%
Maturity Date	Mar. 18, 2028
Principal/ Number of Shares | shares	785,769
Cost	$ 784,048
Fair Value	$ 780,528
SMG US Midco 2, Inc. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Services: Business
Asset Name	Term Loan (01/20)
Asset Type	Loan
Reference Rate	3M USD LIBOR+
Reference Spread	2.50%
LIBOR Floor	0%
Current Rate (All In)	2.80%
Maturity Date	Jan. 23, 2025
Principal/ Number of Shares | shares	490,000
Cost	$ 490,000
Fair Value	$ 472,238
Sotheby’s [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Services: Business
Asset Name	Term Loan (7/21)
Asset Type	Loan
Reference Rate	3M USD LIBOR+
Reference Spread	4.50%
LIBOR Floor	0.50%
Current Rate (All In)	5%
Maturity Date	Jan. 15, 2027
Principal/ Number of Shares | shares	3,256,472
Cost	$ 3,207,096
Fair Value	$ 3,240,190
Sparta U.S. HoldCo LLC [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Chemicals, Plastics, & Rubber
Asset Name	Term Loan (04/21)
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	3.50%
LIBOR Floor	0.75%
Current Rate (All In)	4.25%
Maturity Date	Aug. 02, 2028
Principal/ Number of Shares | shares	2,000,000
Cost	$ 1,990,687
Fair Value	$ 1,985,000
Specialty Pharma III Inc. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Services: Business
Asset Name	Term Loan
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	4.50%
LIBOR Floor	0.75%
Current Rate (All In)	5.25%
Maturity Date	Mar. 31, 2028
Principal/ Number of Shares | shares	1,995,000
Cost	$ 1,977,135
Fair Value	$ 1,975,050
Spectrum Brands, Inc. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Consumer goods: Durable
Asset Name	Term Loan (2/21)
Asset Type	Loan
Reference Rate	3M USD LIBOR+
Reference Spread	2%
LIBOR Floor	0.50%
Current Rate (All In)	2.50%
Maturity Date	Mar. 03, 2028
Principal/ Number of Shares | shares	496,250
Cost	$ 495,145
Fair Value	$ 494,389
Spin Holdco, Inc. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Services: Consumer
Asset Name	Term Loan 3/21
Asset Type	Loan
Reference Rate	3M USD LIBOR+
Reference Spread	4%
LIBOR Floor	0.75%
Current Rate (All In)	4.75%
Maturity Date	Mar. 04, 2028
Principal/ Number of Shares | shares	2,977,500
Cost	$ 2,962,439
Fair Value	$ 2,958,474
SRAM, LLC [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Consumer goods: Durable
Asset Name	Term Loan (05/21)
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	2.75%
LIBOR Floor	0.50%
Current Rate (All In)	3.26%
Maturity Date	May 12, 2028
Principal/ Number of Shares | shares	3,600,000
Cost	$ 3,594,517
Fair Value	$ 3,571,488
SS&C Technologies, Inc. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Services: Business
Asset Name	Term Loan B3
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	1.75%
LIBOR Floor	0%
Current Rate (All In)	1.96%
Maturity Date	Apr. 16, 2025
Principal/ Number of Shares | shares	190,170
Cost	$ 189,956
Fair Value	$ 186,819
SS&C Technologies, Inc. One [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Services: Business
Asset Name	Term Loan B4
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	1.75%
LIBOR Floor	0%
Current Rate (All In)	1.96%
Maturity Date	Apr. 16, 2025
Principal/ Number of Shares | shares	154,375
Cost	$ 154,203
Fair Value	$ 151,655
SS&C Technologies, Inc. Two [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Services: Business
Asset Name	Term Loan B-5
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	1.75%
LIBOR Floor	0%
Current Rate (All In)	1.96%
Maturity Date	Apr. 16, 2025
Principal/ Number of Shares | shares	477,615
Cost	$ 477,001
Fair Value	$ 469,376
STANDARD INDUSTRIES INC. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Construction & Building
Asset Name	Term Loan B
Asset Type	Loan
Reference Rate	3M USD LIBOR+
Reference Spread	2.50%
LIBOR Floor	0.50%
Current Rate (All In)	3%
Maturity Date	Sep. 22, 2028
Principal/ Number of Shares | shares	640,250
Cost	$ 634,225
Fair Value	$ 637,503
Staples, Inc. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Wholesale
Asset Name	Term Loan (03/19)
Asset Type	Loan
Reference Rate	3M USD LIBOR+
Reference Spread	5%
LIBOR Floor	0%
Current Rate (All In)	5.13%
Maturity Date	Apr. 16, 2026
Principal/ Number of Shares | shares	4,386,462
Cost	$ 4,265,782
Fair Value	$ 4,154,813
Stars Group Inc. (The) [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Hotel, Gaming & Leisure
Asset Name	Term Loan
Asset Type	Loan
Reference Rate	3M USD LIBOR+
Reference Spread	2.25%
LIBOR Floor	0%
Current Rate (All In)	2.47%
Maturity Date	Jul. 21, 2026
Principal/ Number of Shares | shares	1,995,000
Cost	$ 1,990,864
Fair Value	$ 1,972,776
Storable, Inc [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	High Tech Industries
Asset Name	Term Loan B
Asset Type	Loan
Reference Rate	6M USD LIBOR+
Reference Spread	3.25%
LIBOR Floor	0.50%
Current Rate (All In)	3.75%
Maturity Date	Apr. 17, 2028
Principal/ Number of Shares | shares	500,000
Cost	$ 498,861
Fair Value	$ 494,375
Superannuation & Investments US LLC [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Banking, Finance, Insurance & Real Estate
Asset Name	Term Loan
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	3.75%
LIBOR Floor	0.50%
Current Rate (All In)	4.25%
Maturity Date	Dec. 01, 2028
Principal/ Number of Shares | shares	1,000,000
Cost	$ 990,274
Fair Value	$ 995,940
Sylvamo Corporation [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Forest Products & Paper
Asset Name	Term Loan
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	4.50%
LIBOR Floor	0.50%
Current Rate (All In)	5%
Maturity Date	Aug. 18, 2028
Principal/ Number of Shares | shares	1,093,333
Cost	$ 1,082,992
Fair Value	$ 1,085,133
Syncsort Incorporated [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	High Tech Industries
Asset Name	Term Loan B (10/21)
Asset Type	Loan
Reference Rate	3M USD LIBOR+
Reference Spread	4%
LIBOR Floor	0.75%
Current Rate (All In)	4.75%
Maturity Date	Apr. 24, 2028
Principal/ Number of Shares | shares	2,495,000
Cost	$ 2,493,770
Fair Value	$ 2,465,684
Syniverse Holdings, Inc. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Telecommunications
Asset Name	Term Loan
Asset Type	Loan
Reference Rate	3M USD SOFR+
Reference Spread	4.25%
LIBOR Floor	0.50%
Current Rate (All In)	4.75%
Maturity Date	Feb. 01, 2029
Principal/ Number of Shares | shares	500,000
Cost	$ 495,000
Fair Value	$ 499,375
Tenable Holdings, Inc. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Services: Business
Asset Name	Term Loan B (6/21)
Asset Type	Loan
Reference Rate	6M USD LIBOR+
Reference Spread	2.75%
LIBOR Floor	0.50%
Current Rate (All In)	3.27%
Maturity Date	Jul. 07, 2028
Principal/ Number of Shares | shares	1,000,000
Cost	$ 997,633
Fair Value	$ 986,250
Teneo Holdings LLC [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Banking, Finance, Insurance & Real Estate
Asset Name	Term Loan
Asset Type	Loan
Reference Rate	1M USD SOFR+
Reference Spread	5.25%
LIBOR Floor	1%
Current Rate (All In)	6.25%
Maturity Date	Jul. 15, 2025
Principal/ Number of Shares | shares	4,428,522
Cost	$ 4,355,261
Fair Value	$ 4,383,129
Tenneco Inc [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Capital Equipment
Asset Name	Term Loan B
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	3%
LIBOR Floor	0%
Current Rate (All In)	3.21%
Maturity Date	Oct. 01, 2025
Principal/ Number of Shares | shares	1,455,000
Cost	$ 1,447,215
Fair Value	$ 1,444,088
Ten-X, LLC [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Banking, Finance, Insurance & Real Estate
Asset Name	Term Loan
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	4%
LIBOR Floor	1%
Current Rate (All In)	5%
Maturity Date	Sep. 27, 2024
Principal/ Number of Shares | shares	1,920,000
Cost	$ 1,918,652
Fair Value	$ 1,881,600
The Dun & Bradstreet Corporation [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Services: Business
Asset Name	Term Loan
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	3.25%
LIBOR Floor	0%
Current Rate (All In)	3.46%
Maturity Date	Feb. 06, 2026
Principal/ Number of Shares | shares	1,000,000
Cost	$ 998,750
Fair Value	$ 988,330
The Dun & Bradstreet Corporation One [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Services: Business
Asset Name	Term Loan B
Asset Type	Loan
Reference Rate	1M USD SOFR+
Reference Spread	3.25%
LIBOR Floor	0%
Current Rate (All In)	3.44%
Maturity Date	Jan. 05, 2029
Principal/ Number of Shares | shares	250,000
Cost	$ 248,180
Fair Value	$ 246,668
THE KNOT WORLDWIDE INC. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Services: Consumer
Asset Name	Term Loan (1/22)
Asset Type	Loan
Reference Rate	1M USD SOFR+
Reference Spread	4.50%
LIBOR Floor	0%
Current Rate (All In)	4.67%
Maturity Date	Dec. 19, 2025
Principal/ Number of Shares | shares	4,869,796
Cost	$ 4,863,346
Fair Value	$ 4,829,231
The Octave Music Group, Inc (Touchtunes) [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Services: Business
Asset Name	Term Loan B
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	6%
LIBOR Floor	1%
Current Rate (All In)	7%
Maturity Date	May 29, 2025
Principal/ Number of Shares | shares	2,893,526
Cost	$ 2,872,208
Fair Value	$ 2,871,824
Thor Industries, Inc. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Automotive
Asset Name	USD Term Loan (3/21)
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	3%
LIBOR Floor	0%
Current Rate (All In)	3.25%
Maturity Date	Feb. 01, 2026
Principal/ Number of Shares | shares	2,810,435
Cost	$ 2,763,310
Fair Value	$ 2,797,563
Tosca Services, LLC [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Containers, Packaging & Glass
Asset Name	Term Loan (2/21)
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	3.50%
LIBOR Floor	0.75%
Current Rate (All In)	4.25%
Maturity Date	Aug. 18, 2027
Principal/ Number of Shares | shares	495,000
Cost	$ 489,079
Fair Value	$ 487,575
Trans Union LLC [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Banking, Finance, Insurance & Real Estate
Asset Name	Term Loan
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	2%
LIBOR Floor	0.50%
Current Rate (All In)	2.50%
Maturity Date	Dec. 01, 2028
Principal/ Number of Shares | shares	870,968
Cost	$ 868,877
Fair Value	$ 860,804
Transdigm, Inc. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Aerospace & Defense
Asset Name	Term Loan G (02/20)
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	2.25%
LIBOR Floor	0%
Current Rate (All In)	2.46%
Maturity Date	Aug. 22, 2024
Principal/ Number of Shares | shares	4,024,167
Cost	$ 4,026,414
Fair Value	$ 3,959,700
Travel Leaders Group, LLC [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Hotel, Gaming & Leisure
Asset Name	Term Loan B (08/18)
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	4%
LIBOR Floor	0%
Current Rate (All In)	4.21%
Maturity Date	Jan. 25, 2024
Principal/ Number of Shares | shares	2,412,500
Cost	$ 2,411,191
Fair Value	$ 2,268,353
TRITON WATER HOLDINGS, INC. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Beverage, Food & Tobacco
Asset Name	Term Loan (03/21)
Asset Type	Loan
Reference Rate	3M USD LIBOR+
Reference Spread	3.50%
LIBOR Floor	0.50%
Current Rate (All In)	4%
Maturity Date	Mar. 31, 2028
Principal/ Number of Shares | shares	1,492,500
Cost	$ 1,485,884
Fair Value	$ 1,454,352
Tronox Pigments (Netherlands) B.V. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Chemicals, Plastics, & Rubber
Asset Name	Term Loan
Asset Type	Loan
Reference Rate	3M USD LIBOR+
Reference Spread	2.25%
LIBOR Floor	0%
Current Rate (All In)	2.47%
Maturity Date	Mar. 10, 2028
Principal/ Number of Shares | shares	346,923
Cost	$ 346,183
Fair Value	$ 341,719
TruGreen Limited Partnership [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Services: Consumer
Asset Name	Term Loan
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	4%
LIBOR Floor	0.75%
Current Rate (All In)	4.75%
Maturity Date	Oct. 29, 2027
Principal/ Number of Shares | shares	964,241
Cost	$ 957,748
Fair Value	$ 961,830
Uber Technologies, Inc. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Transportation: Consumer
Asset Name	Term Loan B (2/21)
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	3.50%
LIBOR Floor	0%
Current Rate (All In)	3.71%
Maturity Date	Feb. 25, 2027
Principal/ Number of Shares | shares	3,947,943
Cost	$ 3,909,627
Fair Value	$ 3,905,740
Ultra Clean Holdings, Inc. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	High Tech Industries
Asset Name	Incremental Term Loan 3/21
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	3.75%
LIBOR Floor	0%
Current Rate (All In)	3.96%
Maturity Date	Aug. 27, 2025
Principal/ Number of Shares | shares	884,205
Cost	$ 880,505
Fair Value	$ 882,366
Unimin Corporation [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Metals & Mining
Asset Name	Term Loan (12/20)
Asset Type	Loan
Reference Rate	3M USD LIBOR+
Reference Spread	4%
LIBOR Floor	1%
Current Rate (All In)	5%
Maturity Date	Jul. 31, 2026
Principal/ Number of Shares | shares	496,815
Cost	$ 471,432
Fair Value	$ 490,853
United Natural Foods, Inc [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Beverage, Food & Tobacco
Asset Name	Term Loan B
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	3.25%
LIBOR Floor	0%
Current Rate (All In)	3.46%
Maturity Date	Oct. 22, 2025
Principal/ Number of Shares | shares	1,624,974
Cost	$ 1,562,482
Fair Value	$ 1,616,166
United Road Services Inc. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Transportation: Cargo
Asset Name	Term Loan (10/17)
Asset Type	Loan
Reference Rate	6M USD LIBOR+
Reference Spread	5.75%
LIBOR Floor	1%
Current Rate (All In)	6.75%
Maturity Date	Sep. 01, 2024
Principal/ Number of Shares | shares	920,843
Cost	$ 915,490
Fair Value	$ 826,457
Univar Inc. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Chemicals, Plastics, & Rubber
Asset Name	Term Loan B6
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	2%
LIBOR Floor	0%
Current Rate (All In)	2.21%
Maturity Date	Jun. 02, 2028
Principal/ Number of Shares | shares	1,990,000
Cost	$ 1,980,782
Fair Value	$ 1,974,458
Univision Communications Inc. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Media: Broadcasting & Subscription
Asset Name	Term Loan B (6/21)
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	3.25%
LIBOR Floor	0.75%
Current Rate (All In)	4%
Maturity Date	Mar. 15, 2026
Principal/ Number of Shares | shares	2,471,487
Cost	$ 2,464,765
Fair Value	$ 2,451,913
US Ecology, Inc. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Environmental Industries
Asset Name	Term Loan B
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	2.50%
LIBOR Floor	0%
Current Rate (All In)	2.71%
Maturity Date	Nov. 02, 2026
Principal/ Number of Shares | shares	490,000
Cost	$ 489,302
Fair Value	$ 488,040
Utz Quality Foods, LLC [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Beverage, Food & Tobacco
Asset Name	Term Loan B
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	3%
LIBOR Floor	0%
Current Rate (All In)	3.21%
Maturity Date	Jan. 20, 2028
Principal/ Number of Shares | shares	1,847,121
Cost	$ 1,844,606
Fair Value	$ 1,827,264
Vaco Holdings, LLC [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Services: Business
Asset Name	Term Loan (01/22)
Asset Type	Loan
Reference Rate	1M USD SOFR+
Reference Spread	5%
LIBOR Floor	0.75%
Current Rate (All In)	5.75%
Maturity Date	Jan. 19, 2029
Principal/ Number of Shares | shares	250,000
Cost	$ 248,777
Fair Value	$ 248,124
Verifone Systems, Inc. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Banking, Finance, Insurance & Real Estate
Asset Name	Term Loan (7/18)
Asset Type	Loan
Reference Rate	3M USD LIBOR+
Reference Spread	4%
LIBOR Floor	0%
Current Rate (All In)	4.50%
Maturity Date	Aug. 20, 2025
Principal/ Number of Shares | shares	1,382,319
Cost	$ 1,377,042
Fair Value	$ 1,354,672
Vertex Aerospace Services Corp [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Aerospace & Defense
Asset Name	Term Loan (10/21)
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	4%
LIBOR Floor	0.75%
Current Rate (All In)	4.75%
Maturity Date	Dec. 06, 2028
Principal/ Number of Shares | shares	1,000,000
Cost	$ 995,345
Fair Value	$ 992,080
VFH Parent LLC [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Banking, Finance, Insurance & Real Estate
Asset Name	Term Loan (01/22)
Asset Type	Loan
Reference Rate	Daily SOFR+
Reference Spread	3%
LIBOR Floor	0.50%
Current Rate (All In)	3.50%
Maturity Date	Jan. 12, 2029
Principal/ Number of Shares | shares	3,100,888
Cost	$ 3,092,414
Fair Value	$ 3,071,833
Virtus Investment Partners, Inc. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Banking, Finance, Insurance & Real Estate
Asset Name	Term Loan B (9/21)
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	2.25%
LIBOR Floor	0%
Current Rate (All In)	2.36%
Maturity Date	Sep. 28, 2028
Principal/ Number of Shares | shares	2,992,500
Cost	$ 2,982,995
Fair Value	$ 2,971,942
Vistra Energy Corp [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Utilities: Electric
Asset Name	2018 Incremental Term Loan
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	1.75%
LIBOR Floor	0%
Current Rate (All In)	1.87%
Maturity Date	Dec. 31, 2025
Principal/ Number of Shares | shares	907,176
Cost	$ 906,677
Fair Value	$ 890,075
Vizient, Inc [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Healthcare & Pharmaceuticals
Asset Name	Term Loan B-6
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	2%
LIBOR Floor	0%
Current Rate (All In)	2.21%
Maturity Date	May 06, 2026
Principal/ Number of Shares | shares	486,250
Cost	$ 485,567
Fair Value	$ 480,779
VM Consolidated, Inc. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Construction & Building
Asset Name	Term Loan B (3/21)
Asset Type	Loan
Reference Rate	6M USD LIBOR+
Reference Spread	3.25%
LIBOR Floor	0%
Current Rate (All In)	3.60%
Maturity Date	Mar. 19, 2028
Principal/ Number of Shares | shares	2,339,327
Cost	$ 2,336,223
Fair Value	$ 2,322,951
Vouvray US Finance LLC [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	High Tech Industries
Asset Name	Term Loan
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	3%
LIBOR Floor	1%
Current Rate (All In)	4%
Maturity Date	Mar. 11, 2024
Principal/ Number of Shares | shares	476,250
Cost	$ 476,250
Fair Value	$ 411,837
Warner Music Group Corp. (WMG Acquisition Corp.) [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Hotel, Gaming & Leisure
Asset Name	Term Loan G
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	2.13%
LIBOR Floor	0%
Current Rate (All In)	2.33%
Maturity Date	Jan. 20, 2028
Principal/ Number of Shares | shares	1,250,000
Cost	$ 1,249,760
Fair Value	$ 1,234,763
Wastequip, LLC (HPCC Merger/Patriot Container) [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Environmental Industries
Asset Name	Term Loan (3/18)
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	3.75%
LIBOR Floor	1%
Current Rate (All In)	4.75%
Maturity Date	Mar. 15, 2025
Principal/ Number of Shares | shares	489,822
Cost	$ 488,550
Fair Value	$ 469,004
Watlow Electric Manufacturing Company [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	High Tech Industries
Asset Name	Term Loan B
Asset Type	Loan
Reference Rate	3M USD LIBOR+
Reference Spread	3.75%
LIBOR Floor	0.50%
Current Rate (All In)	4.25%
Maturity Date	Mar. 02, 2028
Principal/ Number of Shares | shares	2,481,250
Cost	$ 2,470,270
Fair Value	$ 2,452,294
West Corporation [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Telecommunications
Asset Name	Term Loan B (Olympus Merger)
Asset Type	Loan
Reference Rate	3M USD LIBOR+
Reference Spread	4%
LIBOR Floor	1%
Current Rate (All In)	5%
Maturity Date	Oct. 10, 2024
Principal/ Number of Shares | shares	1,086,078
Cost	$ 1,047,433
Fair Value	$ 967,424
West Corporation One [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Telecommunications
Asset Name	Term Loan B
Asset Type	Loan
Reference Rate	3M USD LIBOR+
Reference Spread	3.50%
LIBOR Floor	1%
Current Rate (All In)	4.50%
Maturity Date	Oct. 10, 2024
Principal/ Number of Shares | shares	2,599,274
Cost	$ 2,562,059
Fair Value	$ 2,301,449
WEX Inc. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Services: Business
Asset Name	Term Loan B (3/21)
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	2.25%
LIBOR Floor	0%
Current Rate (All In)	2.46%
Maturity Date	Mar. 31, 2028
Principal/ Number of Shares | shares	2,985,000
Cost	$ 2,974,005
Fair Value	$ 2,937,419
WildBrain Ltd. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Media: Diversified & Production
Asset Name	Term Loan
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	4.25%
LIBOR Floor	0.75%
Current Rate (All In)	5%
Maturity Date	Mar. 27, 2028
Principal/ Number of Shares | shares	1,985,000
Cost	$ 1,949,907
Fair Value	$ 1,966,401
WP CITYMD BIDCO LLC [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Services: Consumer
Asset Name	Term Loan B
Asset Type	Loan
Reference Rate	6M USD LIBOR+
Reference Spread	3.25%
LIBOR Floor	0.50%
Current Rate (All In)	3.75%
Maturity Date	Dec. 22, 2028
Principal/ Number of Shares | shares	7,424,013
Cost	$ 7,399,065
Fair Value	$ 7,355,340
Xperi Corporation [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	High Tech Industries
Asset Name	Term Loan
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	3.50%
LIBOR Floor	0%
Current Rate (All In)	3.71%
Maturity Date	Jun. 08, 2028
Principal/ Number of Shares | shares	2,741,617
Cost	$ 2,730,066
Fair Value	$ 2,719,355
ZEBRA BUYER LLC [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Banking, Finance, Insurance & Real Estate
Asset Name	Term Loan 4/21
Asset Type	Loan
Reference Rate	3M USD LIBOR+
Reference Spread	3.25%
LIBOR Floor	0.50%
Current Rate (All In)	3.75%
Maturity Date	Nov. 01, 2028
Principal/ Number of Shares | shares	887,097
Cost	$ 883,013
Fair Value	$ 882,661
Zekelman Industries, Inc. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Metals & Mining
Asset Name	Term Loan (01/20)
Asset Type	Loan
Reference Rate	1M USD LIBOR+
Reference Spread	2%
LIBOR Floor	0%
Current Rate (All In)	2.14%
Maturity Date	Jan. 25, 2027
Principal/ Number of Shares | shares	968,914
Cost	$ 968,914
Fair Value	$ 954,622
Zodiac Pool Solutions [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Industry	Consumer goods: Durable
Asset Name	Term Loan (1/22)
Asset Type	Loan
Reference Rate	1M USD SOFR+
Reference Spread	2%
LIBOR Floor	0.50%
Current Rate (All In)	2.50%
Maturity Date	Jan. 19, 2029
Principal/ Number of Shares | shares	500,000
Cost	$ 498,783
Fair Value	$ 493,440
U.S. Bank Money Market [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Principal/ Number of Shares | shares	6,171,793
Cost	$ 6,171,793
Fair Value	$ 6,171,793
Cash and Cash Equivalents [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents one [Line Items]
Principal/ Number of Shares | shares	6,171,793
Cost	$ 6,171,793
Fair Value	$ 6,171,793

Income Taxes (Details)

Income Taxes (Details) - USD ($)	3 Months Ended		6 Months Ended
	Aug. 31, 2022	Aug. 31, 2021	Aug. 31, 2022	Aug. 31, 2021
Income Tax Disclosure [Abstract]
Owned percentage			100%
U.S. federal tax rate, percentage			21%
Deferred tax assets	$ 2,000,000		$ 2,000,000
Unrealized appreciation	230,154	$ 1,328,711	592,105	$ 1,558,855
Net change in total operating expense	$ (100,000)	30,000	(100,000)	30,000
Deferred tax expense (benefit)		$ 400,000	$ (70,000)	$ 400,000

Income Taxes (Details) - Schedu

Income Taxes (Details) - Schedule of deferred tax assets and liabilities - USD ($)	Aug. 31, 2022	Feb. 28, 2022
Schedule Of Deferred Tax Assets And Liabilities Abstract
Total deferred tax assets	$ 2,157,850	$ 1,991,241
Total deferred tax liabilities	(1,885,601)	(1,293,496)
Valuation allowance on net deferred tax assets	(1,982,564)	(1,946,760)
Net deferred tax liability	$ (1,710,315)	$ (1,249,015)

Income Taxes (Details) - Sche_2

Income Taxes (Details) - Schedule of federal and state income tax provisions benefit - USD ($)	3 Months Ended		6 Months Ended
	Aug. 31, 2022	Aug. 31, 2021	Aug. 31, 2022	Aug. 31, 2021
Current
Federal	$ (3,674)	$ 425,828	$ (217,516)
State	(55)	50,694	78,448
Net current expense	(3,729)	476,522	(139,068)
Deferred
Federal	89,409	1,111,006	385,480	127,850
State	42,583	220,748	75,819	130,213
Net deferred expense	131,992	1,331,754	461,299	258,063
Net tax provision	$ 128,263	$ 1,808,276	$ 322,231	$ 258,063

Agreements and Related Party _2

Agreements and Related Party Transactions (Details) - USD ($)													1 Months Ended		3 Months Ended		6 Months Ended
	Jul. 05, 2022	Feb. 28, 2022	Aug. 11, 2021	Jul. 06, 2021	Feb. 26, 2021	Jul. 07, 2020	Jul. 09, 2019	Dec. 14, 2018	Jul. 09, 2018	Jul. 11, 2017	Oct. 05, 2016	Jul. 08, 2015	Feb. 28, 2022	Jul. 30, 2010	Aug. 31, 2022	Aug. 31, 2021	Aug. 31, 2022	Aug. 31, 2021	Aug. 09, 2021	Feb. 29, 2020	Feb. 07, 2020	Dec. 21, 2019	May 10, 2013
Agreements and Related Party Transactions (Details) [Line Items]
Management fee, description																	The base management fee of 1.75% per year is calculated based on the average value of our gross assets (other than cash or cash equivalents, but including assets purchased with borrowed funds) at the end of the two most recently completed fiscal quarters.
Incentive fee description																	Under this provision, in any fiscal quarter, our Manager receives no incentive fee unless our pre-incentive fee net investment income exceeds the hurdle rate of 1.875%. Our Manager will receive 100.0% of pre-incentive fee net investment income, if any, that exceeds the hurdle rate but is less than or equal to 2.344% in any fiscal quarter; and 20.0% of the amount of our pre-incentive fee net investment income, if any, that exceeds 2.344% in any fiscal quarter.
Incentive fee capital gains percentage																	20%
Management fees															$ 4,104,105	$ 3,002,097	$ 7,906,168	$ 5,761,005
Incentive fees															1,700,000	1,700,000	1,700,000	3,200,000
Accrued benefit in incentive fees															3,000,000		3,000,000
Incentive fees related to capital gains																4,000,000		4,000,000
Incentive fees accrual													$ 9,800,000				4,100,000
Management fee accrual													3,200,000				5,400,000
Upsized in assets		$ 100,974,715											$ 100,974,715		93,632,423		93,632,423
Aggregate principal amount																					$ 24,500,000	$ 74,500,000	$ 48,300,000
Repayment of loan																	$ 18,340,000	73,500,000
Management Agreement [Member]
Agreements and Related Party Transactions (Details) [Line Items]
Incentive fee capital gains percentage																	20%
Administration Agreement [Member]
Agreements and Related Party Transactions (Details) [Line Items]
Expenses payable														$ 1,000,000
Administration Agreement [Member] | Minimum [Member]
Agreements and Related Party Transactions (Details) [Line Items]
Reimbursement of expenses	$ 3,000,000			$ 2,775,000		$ 2,225,000	$ 2,000,000		$ 1,750,000	$ 1,500,000	$ 1,300,000
Administration Agreement [Member] | Maximum [Member]
Agreements and Related Party Transactions (Details) [Line Items]
Reimbursement of expenses	$ 3,275,000			$ 3,000,000		$ 2,775,000	$ 2,225,000		$ 2,000,000	$ 1,750,000	$ 1,500,000
Fair Value [Member] | Unsecured Loan [Member]
Agreements and Related Party Transactions (Details) [Line Items]
Investment fair value															14,100,000		$ 14,100,000
Warehouse [Member]
Agreements and Related Party Transactions (Details) [Line Items]
Repayment of loan					$ 25,000,000			$ 20,000,000
Administrative Service [Member]
Agreements and Related Party Transactions (Details) [Line Items]
Administrator expenses															800,000	1,400,000	1,500,000	700,000
Membership Interest [Member] | Fair Value [Member]
Agreements and Related Party Transactions (Details) [Line Items]
Investment fair value															6,700,000		6,700,000
Board of Directors Chairman [Member] | Administration Agreement [Member]
Agreements and Related Party Transactions (Details) [Line Items]
Expenses payable												$ 1,300,000
Manager [Member]
Agreements and Related Party Transactions (Details) [Line Items]
Administrator expenses		$ 300,000															200,000
Saratoga CLO [Member]
Agreements and Related Party Transactions (Details) [Line Items]
Accrued benefit in incentive fees															1,100,000		1,100,000
Incentive fees related to capital gains																300,000		300,000
Newly issued subordinated notes					14,000,000			13,800,000
Related party transaction costs					2,600,000			2,000,000
Payment received from related party																2,600,000		2,600,000		$ 1,700,000
Management fee income															800,000	$ 800,000	1,600,000	$ 1,600,000
Saratoga CLO [Member] | Minimum [Member]
Agreements and Related Party Transactions (Details) [Line Items]
Upsized in assets					500,000,000			300,000,000
Saratoga CLO [Member] | Maximum [Member]
Agreements and Related Party Transactions (Details) [Line Items]
Upsized in assets					650,000,000			500,000,000
Class F-R-2 Notes Tranche [Member]
Agreements and Related Party Transactions (Details) [Line Items]
Aggregate principal amount					2,500,000			2,500,000
Class G-R-2 Notes Tranche [Member]
Agreements and Related Party Transactions (Details) [Line Items]
Aggregate principal amount					7,500,000			7,500,000
Class F Notes [Member]
Agreements and Related Party Transactions (Details) [Line Items]
Aggregate principal amount								$ 4,500,000
Class F-R-3 Notes Tranche [Member]
Agreements and Related Party Transactions (Details) [Line Items]
Aggregate principal amount					$ 17,900,000														$ 17,900,000
Class F-1-R-3 Notes Tranche [Member]
Agreements and Related Party Transactions (Details) [Line Items]
Aggregate principal amount																			8,500,000
Realized loss on sale of debt			$ 100,000
Class F-2-R-3 Notes Tranche [Member]
Agreements and Related Party Transactions (Details) [Line Items]
Aggregate principal amount																			$ 9,400,000
SLF JV [Member] | Fair Value [Member]
Agreements and Related Party Transactions (Details) [Line Items]
Investment fair value															20,800,000		20,800,000
Outstanding amount															$ 20,000		$ 20,000

Borrowings (Details)

Borrowings (Details) - USD ($)														1 Months Ended																3 Months Ended		6 Months Ended		12 Months Ended
	Aug. 15, 2022	Jul. 14, 2022	Oct. 04, 2021	Sep. 13, 2021	Jul. 15, 2021	Mar. 10, 2021	Sep. 14, 2020	Jul. 09, 2020	Jul. 06, 2020	Aug. 14, 2019	Apr. 16, 2019	Feb. 05, 2019	May 10, 2013	Apr. 27, 2022	Feb. 28, 2022	Jan. 19, 2022	Aug. 31, 2021	Jan. 28, 2021	Dec. 29, 2020	Jun. 24, 2020	Apr. 24, 2020	Aug. 28, 2018	Mar. 23, 2018	May 18, 2017	Dec. 21, 2016	Dec. 31, 2015	May 29, 2015	Sep. 17, 2014	Feb. 24, 2012	Aug. 31, 2022	Aug. 31, 2021	Aug. 31, 2022	Aug. 31, 2021	Feb. 28, 2022	Jul. 31, 2021	Feb. 29, 2020	Feb. 07, 2020	Dec. 21, 2019	Apr. 16, 2018	Jul. 30, 2010	May 01, 2007	Apr. 11, 2007
Borrowings (Details) [Line Items]
Interest rate, description																																The Revolving Credit Facility, SBA Debentures, 7.75% Notes Payable 2025, 4.375% Notes Payable and 6.25% Notes Payable are not registered for public trading.
Loss on the extinguishment of debt																														$ (1,204,809)	$ (1,552,140)	$ (1,204,809)	$ (1,552,140)
Securitized credit facility															$ 12,500,000															25,000,000		25,000,000		$ 12,500,000
Administrative agent fee																														$ 772,917	712,500	1,522,917	1,406,250
Outstanding amount																																22,500,000
Financing costs																																$ 5,087,947	5,569,027
Average interest rate																														7.25%		7.25%
Additional long-term capital										$ 175,000,000
SBA guaranteed debentures, description										As a result of the 2016 omnibus spending bill signed into law in December 2015, the maximum amount of SBA-guaranteed debentures that affiliated SBIC funds can have outstanding was increased from $225.0 million to $350.0 million, subject to SBA approval. With this license approval, Saratoga can grow its SBA relationship from $150.0 million to $325.0 million of committed capital.
Outstanding principal amount													$ 48,300,000																								$ 24,500,000	$ 74,500,000
Debentures outstanding amount																														$ 0	$ 57,400,000
Debt instrument, description																										In December 2015, the 2016 omnibus spending bill approved by Congress and signed into law by the President increased the amount of SBA-guaranteed debentures that affiliated SBIC funds can have outstanding from $225.0 million to $350.0 million, subject to SBA approval. SBA regulations previously limited the amount of SBA-guaranteed debentures that an SBIC may issue to $150.0 million when it has at least $75.0 million in regulatory capital but this has increased to $175.0 million for new licenses when it has at least $87.5 million in regulatory capital. Affiliated SBICs are permitted to issue up to a combined maximum amount of $350.0 million in SBA-guaranteed debentures when they have at least $175.0 million in combined regulatory capital.						SBA debentures are non-recourse to us, have a 10-year maturity, and may be prepaid at any time without penalty. The interest rate of SBA debentures is fixed at the time of issuance, often referred to as pooling, at a market-driven spread over 10-year U.S. Treasury Notes. SBA current regulations limit the amount that SBIC LP and SBIC II LP may borrow to a maximum of $150.0 million and $175.0 million, respectively, which is up to twice its potential regulatory capital. During the three months ended August 31, 2022, we redeemed $18.3 million of SBA debentures in SBIC LP, resulting in the recognition of a realized loss on the extinguishment of debt of $0.2 million.
Net income taxes																																$ 2,759,376	$ 703,158
Borrowing amount																														$ 325,000,000		$ 325,000,000
Fixed-rate notes													7.50%
Due date													2020
Debt distribution agreement, description		On July 14, 2022, the Company redeemed $43.1 million in aggregate principal amount of the $43.1 million in aggregate principal amount of issued and outstanding 7.25% 2025 Notes and are no longer listed on the NYSE.															On August 31, 2021, the Company redeemed $60.0 million in aggregate principal amount of the issued and outstanding 6.25% 2025 Notes and, as a result of the full redemption, the 6.25% 2025 Notes are no longer listed on the NYSE.										On May 29, 2015, the Company entered into a Debt Distribution Agreement with Ladenburg Thalmann & Co. Inc. through which the Company may offer for sale, from time to time, up to $20.0 million in aggregate principal amount of the 2020 Notes through an At-the-Market (“ATM”) offering. Prior to the 2020 Notes being redeemed in full, the Company had sold 539,725 2022 Notes with a principal of $13.5 million at an average price of $25.31 for aggregate net proceeds of $13.4 million (net of transaction costs).
Per share (in Dollars per share)																	$ 0.87													$ 1.07	$ 0.87	$ 1.07	$ 0.87
Repayment interest rate																																	6.25%
Loss on extinguishment of debt																																	$ 1,500,000
Financing interest rate																														6.25%		6.25%
Average interest rate																														6.25%		6.25%
Fair value percentage															7.25%																			7.25%
Average interest rate																														7.25%		7.25%
Financing cost																																$ 1,674,315	1,023,062
Redeemed amount																																					24,450,000	50,000,000
Aggregate principal amount		$ 43,100,000															$ 60,000,000														$ 60,000,000		$ 60,000,000				$ 74,450,000	74,450,000
Principal amount percentage		7.25%															6.25%														6.25%		6.25%
Net proceeds percentage																																			4.375%
Redeem percentage																																6.25%
Minimum [Member]
Borrowings (Details) [Line Items]
Asset coverage ratio																							150%
Maximum [Member]
Borrowings (Details) [Line Items]
Asset coverage ratio																							200%
SBA Debentures [Member]
Borrowings (Details) [Line Items]
Interest expense																														$ 1,500,000	$ 1,200,000
7.25% 2025 Notes [Member]
Borrowings (Details) [Line Items]
Interest expense																														400,000	800,000
7.75% Notes 2025 [Member]
Borrowings (Details) [Line Items]
Interest expense																														100,000	100,000
6.25% Notes 2027 [Member]
Borrowings (Details) [Line Items]
Interest expense																														200,000	200,000
4.375% Notes 2026 [Member]
Borrowings (Details) [Line Items]
Interest expense																														1,900,000	1,200,000
6.00% 2027 Notes [Member]
Borrowings (Details) [Line Items]
Interest expense																														1,700,000	0
Smaller Enterprise [Member]
Borrowings (Details) [Line Items]
Tangible net																														6,000,000		$ 6,000,000
Net income taxes																																$ 2,000,000
Level 3 Liability [Member]
Borrowings (Details) [Line Items]
Debt instrument, description																																As noted above, as of August 31, 2022, there was $233.7 million of SBA debentures outstanding and as of February 28, 2022, there was $185.0 million of SBA debentures outstanding. The carrying amount of the amount outstanding of SBA debentures approximates its fair value, which is based on a waterfall analysis showing adequate collateral coverage and would be classified as a Level 3 liability within the fair value hierarchy. Financing costs of $5.0 million and $4.9 million related to the SBA debentures issued by SBIC LP and SBIC II LP, respectively, have been capitalized and are being amortized over the term of the commitment and drawdown.
Fair Value [Member] | 4.35% Notes 2027 [Member]
Borrowings (Details) [Line Items]
Interest expense																														800,000	0
SBIC LP [Member]
Borrowings (Details) [Line Items]
Outstanding principal amount																														75,000,000		$ 75,000,000
Debentures outstanding amount																																67,700,000
SBIC II LP [Member]
Borrowings (Details) [Line Items]
Outstanding principal amount																														87,500,000		87,500,000
Debentures outstanding amount																																166,000,000
SBA-Guaranteed Debentures [Member]
Borrowings (Details) [Line Items]
Debentures outstanding amount																																233,700,000
SBIC [Member]
Borrowings (Details) [Line Items]
Tangible net																														$ 19,500,000		19,500,000
Net income taxes																																$ 6,500,000
Investment percentage																														25%		25%
SBA Debentures [Member]
Borrowings (Details) [Line Items]
Asset coverage ratio																														150%		150%
Amortization of deferred financing cost																														$ 200,000	$ 200,000	$ 500,000	$ 400,000
Interest expense																																$ 2,900,000	$ 2,400,000
Borrowing interest rate																																2.67%	2.78%
SBA Debentures [Member] | Minimum [Member]
Borrowings (Details) [Line Items]
Borrowing interest rate																														2.75%
SBA Debentures [Member] | Maximum [Member]
Borrowings (Details) [Line Items]
Borrowing interest rate																															2.65%
SBA Debentures [Member] | Three Months Ended [Member]
Borrowings (Details) [Line Items]
Outstanding principal amount																	$ 181,100,000													$ 222,000,000	$ 181,100,000	$ 222,000,000	$ 181,100,000
SBA Debentures [Member] | Six Months Ended [Member]
Borrowings (Details) [Line Items]
Outstanding principal amount																	169,800,000													$ 218,400,000	169,800,000	218,400,000	169,800,000
6.75% 2023 Notes [Member]
Borrowings (Details) [Line Items]
Outstanding principal amount																									$ 74,500,000
Fixed-rate notes																									6.75%
Due date																									2023
Net proceeds amount																									$ 71,700,000
Deducting underwriting commissions amount																									2,300,000
Offering costs																									$ 500,000
6.25% Notes 2027 [Member]
Borrowings (Details) [Line Items]
Financing costs																		$ 300,000
Outstanding principal amount																		$ 10,000,000	$ 5,000,000																			$ 50,000,000
Debentures outstanding amount															$ 15,000,000																	$ 15,000,000
Debt instrument, description																		the 6.25% Notes 2027 is paid quarterly in arrears on February 28, May 31, August 31 and November 30, at a rate of 6.25% per year, beginning February 28, 2021. The 6.25% Notes 2027 mature on January 28, 2027 and commencing January 28, 2023, may be redeemed in whole or in part at any time or from time to time at our option. The net proceeds from the offering were used for general corporate purposes in accordance with our investment objective and strategies.	the 6.25% Notes 2027 is paid quarterly in arrears on February 28, May 31, August 31 and November 30, at a rate of 6.25% per year, beginning February 28, 2021. The 6.25% Notes 2027 mature on December 29, 2027 and may be redeemed in whole or in part at any time or from time to time at our option, on or after December 29, 2024. The net proceeds from the offering were used for general corporate purposes in accordance with our investment objective and strategies. Financing costs of $0.1 million related to the 6.25% Notes 2027 have been capitalized and are being amortized over the term of the 6.25% Notes 2027. The 6.25% Notes 2027 are not listed and have a par value of $25.00 per share.
Fixed-rate notes																		6.25%	6.25%
Due date																		2027	2027
Net proceeds amount																		$ 9,700,000
Deducting underwriting commissions amount																		300,000
Offering costs																		$ 0	$ 100,000
Debt par value of per share (in Dollars per share)																														$ 25		$ 25
2023 Notes [Member]
Borrowings (Details) [Line Items]
Outstanding principal amount																																				$ 1,600,000
Per share (in Dollars per share)																																						$ 25
6.25% 2025 Notes [Member]
Borrowings (Details) [Line Items]
Borrowing note, description												On February 5, 2019, the Company issued an additional $20.0 million in aggregate principal amount of the 6.25% 2025 Notes for net proceeds of $19.2 million after deducting underwriting commissions of approximately $0.6 million and discount of $0.2 million. Offering costs incurred were approximately $0.2 million. The issuance included the full exercise of the underwriters’ option to purchase an additional $2.5 million in aggregate principal amount of 6.25% 2025 Notes within 30 days. The additional 6.25% 2025 Notes were treated as a single series with the existing 6.25% 2025 Notes under the indenture and had the same terms as the existing 6.25% 2025 Notes. The net proceeds from this offering were used for general corporate purposes in accordance with our investment objective and strategies. The financing costs and discount of $1.0 million related to the 6.25% 2025 Notes have been capitalized and were amortized over the term of the 6.25% 2025 Notes.										On August 28, 2018, the Company issued $40.0 million in aggregate principal amount of our 6.25% fixed-rate notes due 2025 (the “6.25% 2025 Notes”) for net proceeds of $38.7 million after deducting underwriting commissions of approximately $1.3 million. Offering costs incurred were approximately $0.3 million. The issuance included the full exercise of the underwriters’ option to purchase an additional $5.0 million in aggregate principal amount of 6.25% 2025 Notes within 30 days. The net proceeds from the offering were used for general corporate purposes in accordance with our investment objective and strategies. Financing costs of $1.6 million related to the 6.25% 2025 Notes have been capitalized and were amortized over the term of the 6.25% 2025 Notes.
Note five year [Member]
Borrowings (Details) [Line Items]
Amortization of deferred financing cost																														$ 0	100,000
Outstanding principal amount																	$ 60,000,000														$ 60,000,000		$ 60,000,000
Debt instrument, description																																	The 6.25% 2025 Notes were listed on the NYSE under the trading symbol of “SAF”, and have been delisted following the full redemption on August 31, 2021.
Fixed-rate notes																	6.25%														6.25%		6.25%
Interest expense																														0	$ 900,000
7.25% 2025 Notes [Member]
Borrowings (Details) [Line Items]
Loss on the extinguishment of debt		$ 1,200,000
Interest expense																																$ 1,200,000	$ 1,600,000
Outstanding principal amount																				$ 37,500,000
Debentures outstanding amount																														10,800,000	43,100,000
Debt instrument, description									Net proceeds to the Company were $5.4 million after deducting underwriting commissions of approximately $0.2 million. The net proceeds from the offering were used for general corporate purposes in accordance with our investment objective and strategies. Financing costs of $1.6 million related to the 7.25% 2025 Notes have been capitalized and were amortized over the term of the 7.25% 2025 Notes.
Fixed-rate notes																				7.25%
Due date																				2025
Net proceeds amount																				$ 36,300,000
Deducting underwriting commissions amount																				1,200,000
Offering costs																				$ 300,000
Outstanding percentage		7.25%
Deferred financing costs																														40,000	80,000	100,000	200,000
7.25% 2025 Notes [Member] | Minimum [Member]
Borrowings (Details) [Line Items]
Fair value		$ 43,100,000													43,100,000																			$ 43,100,000
7.25% 2025 Notes [Member] | Maximum [Member]
Borrowings (Details) [Line Items]
Fair value															43,900,000																			43,900,000
7.25% 2025 Notes [Member]
Borrowings (Details) [Line Items]
Debentures outstanding amount																																$ 27,000,000	43,100,000
7.75% Notes 2025 [Member]
Borrowings (Details) [Line Items]
Outstanding principal amount								$ 5,000,000
Debentures outstanding amount																														5,000,000	5,000,000
Debt instrument, description								the Company issued $5.0 million in aggregate principal amount of our 7.75% fixed-rate notes due in 2025 (the “7.75% Notes 2025”) for net proceeds of $4.8 million after deducting underwriting commissions of approximately $0.2 million. Offering costs incurred were approximately $0.1 million. Interest on the 7.75% Notes 2025 is paid quarterly in arrears on February 28, May 31, August 31 and November 30, at a rate of 7.75% per year, beginning August 31, 2020. The 7.75% Notes 2025 mature on July 9, 2025 and may be redeemed in whole or in part at any time or from time to time at our option. The net proceeds from the offering were used for general corporate purposes in accordance with our investment objective and strategies. Financing costs of $0.3 million related to the 7.75% Notes 2025 have been capitalized and are being amortized over the term of the 7.75% Notes 2025.																								As of August 31, 2022, the total 7.75% Notes 2025 outstanding was $5.0 million. The 7.75% Notes 2025 are not listed and have a par value of $25.00 per share. As of February 28, 2022, there was $5.0 million outstanding of the 7.75% Notes 2025. The carrying amount of the amount outstanding of 7.75% Notes 2025 approximates its fair value, which is based on a waterfall analysis showing adequate collateral coverage and would be classified as a Level 3 liability within the fair value hierarchy.
Fixed-rate notes								7.75%
Net proceeds amount								$ 4,800,000
Deducting underwriting commissions amount								200,000
Offering costs								$ 100,000
Deferred financing costs																														10,000	10,000
6.25% Notes 2027 [Member]
Borrowings (Details) [Line Items]
Interest expense																																$ 500,000	500,000
Debentures outstanding amount																														15,000,000	15,000,000	15,000,000	15,000,000
Debt instrument, description						On March 10, 2021, the Company issued $50.0 million in aggregate principal amount of our 4.375% fixed-rate Notes due in 2026 (the “4.375% Notes 2026”) for net proceeds of $49.0 million after deducting underwriting commissions of approximately $1.0 million. Offering costs incurred were approximately $0.2 million.  Interest on the 4.375% Notes 2026 is paid semi-annually in arrears on February 28 and August 28, at a rate of 4.375% per year, beginning August 28, 2021. The 4.375% Notes 2026 mature on February 28, 2026 and may be redeemed in whole or in part at any time on or after November 28, 2025 at par plus a “make-whole” premium, and thereafter at par. The net proceeds from the offering were used for general corporate purposes in accordance with our investment objective and strategies. Financing costs of $1.2 million related to the 4.375% Notes 2026 have been capitalized and are being amortized over the term of the 4.375% Notes 2026.
Deferred financing costs																														20,000	20,000	40,000	40,000
4.375% Notes 2026 [Member]
Borrowings (Details) [Line Items]
Financing costs					$ 2,700,000
Interest expense																																3,800,000	1,700,000
Outstanding principal amount					125,000,000
Debentures outstanding amount																																175,000,000	84,300,000	175,000,000
Net proceeds amount					123,500,000
Deducting underwriting commissions amount					$ 2,500,000
Deferred financing costs																														200,000	100,000	300,000	200,000
Public offering price percentage					101%
Minimum denominations amount																														2,000		2,000
Integral multiples of excess																														1,000		1,000
Amortization of premium on issuances																														50,000	20,000	100,000	20,000
4.375% Notes 2026 [Member] | Fair Value [Member]
Borrowings (Details) [Line Items]
Debentures outstanding amount																														175,000,000	115,200,000
4.375% Notes 2027 [Member]
Borrowings (Details) [Line Items]
Debentures outstanding amount																																175,000,000		75,000,000
Debt instrument, description														On April 27, 2022, the Company issued $87.5 million in aggregate principal amount of our 6.00% fixed-rate notes due 2027 (the “6.00% 2027 Notes”) for net proceeds of $84.8 million after deducting underwriting commissions of approximately $2.7 million. Offering costs incurred were approximately $0.1 million. On May 10, 2022, the underwriters partially exercised their option to purchase an additional $10.0 million in aggregate principal amount of the 6.00% 2027 Notes. Net proceeds to the Company were $9.7 million after deducting underwriting commissions of approximately $0.3 million. Interest on the 6.00% 2027 Notes is paid quarterly in arrears on February 28, May 31, August 31 and November 30, at a rate of 6.00% per year, beginning August 31, 2022.  The 6.00% 2027 Notes mature on April 30, 2027 and commencing April 27, 2024, may be redeemed in whole or in part at any time or from time to time at our option. Financing costs of $3.3 million related to the 6.00% 2027 Notes have been capitalized and are being amortized over the term of the 6.00% 2027 Notes. The 6.00% 2027 Notes are listed on the NYSE under the trading symbol “SAT” with a par value of $25.00 per share.		On January 19, 2022, the Company issued $75.0 million in aggregate principal amount of our 4.35% fixed-rate Notes due in 2027 (the “4.35% Notes 2027”) for net proceeds of $73.0 million, based on the public offering price of 99.317% of the aggregate principal amount of the 4.35% Notes 2027, after deducting the underwriting commissions of approximately $1.5 million. Offering costs incurred were approximately $0.2 million. Interest on the 4.35% Notes 2027 is paid semi-annually in arrears on February 28 and August 28, at a rate of 4.35% per year, beginning August 28, 2022. The 4.35% Notes 2027 mature on February 28, 2027 and may be redeemed in whole or in part at the Company’s option at any time prior to November 28, 2026, at par plus a “make-whole” premium, and thereafter at par. The net proceeds from the offering were used for general corporate purposes in accordance with our investment objective and strategies. Financing costs of $1.7 million related to the 4.35% Notes 2027 have been capitalized and are being amortized over the term of the 4.35% Notes 2027.
Minimum denominations amount																														2,000		2,000
Integral multiples of excess																														1,000		1,000
4.375% Notes 2027 [Member] | Fair Value [Member]
Borrowings (Details) [Line Items]
Debentures outstanding amount																																75,000,000
4.35% Notes 2027 [Member]
Borrowings (Details) [Line Items]
Interest expense																																1,600,000	0
Debentures outstanding amount																														75,000,000	0	75,000,000	0
Deferred financing costs																														100,000	0	200,000	0
6.00% 2027 Notes [Member]
Borrowings (Details) [Line Items]
Interest expense																																2,200,000	0
Outstanding principal amount	$ 8,000,000														0															105,500,000		105,500,000		0
Debentures outstanding amount																														99,000,000	0	43,800,000	0
Net proceeds amount	$ 7,800,000
Fair value															$ 0															101,800,000		101,800,000		$ 0
Deferred financing costs																														$ 200,000	0	$ 200,000	0
Public offering price percentage	97.80%
Incurred cost	$ 30,000
Financing cost	$ 30,000
Underwriters [Member]
Borrowings (Details) [Line Items]
Fixed-rate notes																				7.25%
NYSE [Member] | 7.25% 2025 Notes [Member]
Borrowings (Details) [Line Items]
Outstanding percentage		7.25%
Credit Facility [Member]
Borrowings (Details) [Line Items]
Employ leverage, description																																As a BDC, we are only allowed to employ leverage to the extent that our asset coverage, as defined in the 1940 Act, equals at least 200% after giving effect to such leverage, or, 150% if certain requirements under the 1940 Act are met.
Asset coverage ratio											150%				209.30%															184.20%		184.20%		209.30%					150%
Securitized credit facility																																									$ 25,700,000	$ 100,000,000
Credit facility, description																													On February 24, 2012, we amended the Madison Credit Facility to, among other things:  ●expand the borrowing capacity under the Madison Credit Facility from $40.0 million to $45.0 million;   ●extend the period during which we may make and repay borrowings under the Madison Credit Facility from July 30, 2013 to February 24, 2015 (the “Revolving Period”). The Revolving Period may, upon the occurrence of an event of default, by action of the lenders or automatically, be terminated. All borrowings and other amounts payable under the Madison Credit Facility are due and payable five years after the end of the Revolving Period; and  ●remove the condition that we may not acquire additional loan assets without the prior written consent of Madison Capital Funding LLC.
Asset coverage ratio											150%
Credit Facility [Member] | LIBOR [Member]
Borrowings (Details) [Line Items]
Interest rate, description																																Under the Revolving Facility, funds were borrowed from or through certain lenders and interest was payable monthly at the greater of the commercial paper rate and our lender’s prime rate plus 4.00% plus a default rate of 2.00% or, if the commercial paper market was unavailable, the greater of the prevailing LIBOR rates and our lender’s prime rate plus 6.00% plus a default rate of 3.00%.
Madison Credit Facility [Member]
Borrowings (Details) [Line Items]
Senior secured revolving																																								$ 45,000,000
Credit facility, description				On September 13, 2021, we entered into a sixth amendment to the Madison Credit Facility to, among other things:  ●Extend the commitment termination date of the Madison Credit Facility from September 17, 2021 to October 1, 2021, with no change to maturity date of September 17, 2025.			On September 14, 2020, we entered into a fifth amendment to the Madison Credit Facility to, among other things:  ●extend the commitment termination date of the Madison Credit Facility from September 17, 2020 to September 17, 2021, with no change to the maturity date of September 17, 2025.  ●provide for the transition away from the LIBOR Rate in the market, and  ●expand the definition of “Eligible Loan Asset” to allow investments with certain recurring revenue features to qualify as collateral and be included in the borrowing base.														On April 24, 2020, we entered into a fourth amendment to the Madison Credit Facility to, among other things:  ●permit certain amendments related to the Paycheck Protection Program (“Permitted PPP Amendment”) to Loan Asset Documents;   ●exclude certain debt and interest amounts allowed by the Permitted PPP Amendments from certain calculations related to Net Leverage Ratio, Interest Coverage Ratio and EBITDA; and			On May 18, 2017, we entered into a third amendment to the Madison Credit Facility to, among other things:  ●extend the commitment termination date from September 17, 2017 to September 17, 2020;   ●extend the final maturity date of the Madison Credit Facility from September 17, 2022 to September 17, 2025 (unless terminated sooner upon certain events);  ●reduce the floor on base rate borrowings from 2.25% to 2.00%;   ●reduce the floor on LIBOR borrowings from 1.25% to 1.00%; and   ●reduce the commitment fee rate from 0.75% to 0.50% for any period during which the ratio of advances outstanding to aggregate commitments, expressed as a percentage, is greater than or equal to 50%.				●extend the commitment termination date from February 24, 2015 to September 17, 2017; ●extend the maturity date of the Madison Credit Facility from February 24, 2020 to September 17, 2022 (unless terminated sooner upon certain events);  ●reduce the applicable margin rate on base rate borrowings from 4.50% to 3.75%, and on LIBOR borrowings from 5.50% to 4.75%; and ●reduce the floor on base rate borrowings from 3.00% to 2.25%, and on LIBOR borrowings from 2.00% to 1.25%.
Loss on the extinguishment of debt			$ 800,000
Encina Credit Facility [Member]
Borrowings (Details) [Line Items]
Credit facility, description			the commitment amount in effect at any time thereafter. The term of the Encina Credit Facility is three years. Advances under the Encina Credit Facility bear interest at a floating rate per annum equal to LIBOR plus 4.0%, with LIBOR having a floor of 0.75%, with customary provisions related to the selection by the Lender and the Company of a replacement benchmark rate. The commitment termination date is October 4, 2024.
Securitized credit facility			$ 50,000,000
Commitment amount			$ 75,000,000
Administrative agent fee																																$ 100,000
Outstanding amount																														$ 25,000,000		25,000,000		$ 12,500,000
Financing costs																																1,400,000
Interest expense																														400,000	200,000	700,000	400,000
Amortization of deferred financing cost																														$ 100,000	$ 50,000	$ 200,000	$ 80,000
Average interest rate																														5.83%		5.40%
Line of credit facility, borrowing capacity, description																																Availability on the Encina Credit Facility will be subject to a borrowing base calculation, based on, among other things, applicable advance rates (which vary from 50.0% to 75.0% of par or fair value depending on the type of loan asset) and the value of certain “eligible” loan assets included as part of the borrowing base. The Company will pay the lender a commitment fee of 0.75% per year (or 0.50% if the ratio of advances outstanding to aggregate commitments is greater than or equal to 50%) on the unused amount of the Encina Credit Facility.
Line of credit facility current borrowing capacity																														$ 50,300,000		$ 50,300,000
Line of credit facility maximum borrowing capacity																														$ 50,000,000		$ 50,000,000

Borrowings (Details) - Schedule

Borrowings (Details) - Schedule of credit facility $ / shares in Units, $ in Thousands	6 Months Ended
	Aug. 31, 2022 USD ($) $ / shares	[1],[3]
Credit Facility with Encina Lender Finance, LLC [Member] | Fiscal year 2023 (as of August 31, 2022) [Member]
Line of Credit Facility [Line Items]
Total amount outstanding exclusive of treasury securities | $	$ 25,000	[2]
Asset coverage per unit | $	$ 1,842	[4]
Involuntary liquidating preference per share (in Dollars per share) | $ / shares		[5]
Average market value per share (in Dollars per share) | $ / shares		[6]
Credit Facility with Encina Lender Finance, LLC [Member] | Fiscal year 2022 (as of February 28, 2022) [Member]
Line of Credit Facility [Line Items]
Total amount outstanding exclusive of treasury securities | $	$ 12,500	[2]
Asset coverage per unit | $	$ 2,093	[4]
Involuntary liquidating preference per share (in Dollars per share) | $ / shares		[5]
Average market value per share (in Dollars per share) | $ / shares		[6]
Credit Facility with Madison Capital Funding [Member] | Fiscal year 2021 (as of February 28, 2021) [Member]
Line of Credit Facility [Line Items]
Total amount outstanding exclusive of treasury securities | $		[2],[7]
Asset coverage per unit | $	$ 3,471	[4],[7]
Involuntary liquidating preference per share (in Dollars per share) | $ / shares		[5],[7]
Average market value per share (in Dollars per share) | $ / shares		[6],[7]
Credit Facility with Madison Capital Funding [Member] | Fiscal year 2020 (as of February 29, 2020) [Member]
Line of Credit Facility [Line Items]
Total amount outstanding exclusive of treasury securities | $		[2],[7]
Asset coverage per unit | $	$ 6,071	[4],[7]
Involuntary liquidating preference per share (in Dollars per share) | $ / shares		[5],[7]
Average market value per share (in Dollars per share) | $ / shares		[6],[7]
Credit Facility with Madison Capital Funding [Member] | Fiscal year 2019 (as of February 28, 2019) [Member]
Line of Credit Facility [Line Items]
Total amount outstanding exclusive of treasury securities | $		[2],[7]
Asset coverage per unit | $	$ 2,345	[4],[7]
Involuntary liquidating preference per share (in Dollars per share) | $ / shares		[5],[7]
Average market value per share (in Dollars per share) | $ / shares		[6],[7]
Credit Facility with Madison Capital Funding [Member] | Fiscal year 2018 (as of February 28, 2018) [Member]
Line of Credit Facility [Line Items]
Total amount outstanding exclusive of treasury securities | $		[2],[7]
Asset coverage per unit | $	$ 2,930	[4],[7]
Involuntary liquidating preference per share (in Dollars per share) | $ / shares		[5],[7]
Average market value per share (in Dollars per share) | $ / shares		[6],[7]
Credit Facility with Madison Capital Funding [Member] | Fiscal year 2017 (as of February 28, 2017) [Member]
Line of Credit Facility [Line Items]
Total amount outstanding exclusive of treasury securities | $		[2],[7]
Asset coverage per unit | $	$ 2,710	[4],[7]
Involuntary liquidating preference per share (in Dollars per share) | $ / shares		[5],[7]
Average market value per share (in Dollars per share) | $ / shares		[6],[7]
Credit Facility with Madison Capital Funding [Member] | Fiscal year 2016 (as of February 29, 2016) [Member]
Line of Credit Facility [Line Items]
Total amount outstanding exclusive of treasury securities | $		[2],[7]
Asset coverage per unit | $	$ 3,025	[4],[7]
Involuntary liquidating preference per share (in Dollars per share) | $ / shares		[5],[7]
Average market value per share (in Dollars per share) | $ / shares		[6],[7]
Credit Facility with Madison Capital Funding [Member] | Fiscal year 2015 (as of February 28, 2015) [Member]
Line of Credit Facility [Line Items]
Total amount outstanding exclusive of treasury securities | $	$ 9,600	[2],[7]
Asset coverage per unit | $	$ 3,117	[4],[7]
Involuntary liquidating preference per share (in Dollars per share) | $ / shares		[5],[7]
Average market value per share (in Dollars per share) | $ / shares		[6],[7]
Credit Facility with Madison Capital Funding [Member] | Fiscal year 2014 (as of February 28, 2014) [Member]
Line of Credit Facility [Line Items]
Total amount outstanding exclusive of treasury securities | $		[2],[7]
Asset coverage per unit | $	$ 3,348	[4],[7]
Involuntary liquidating preference per share (in Dollars per share) | $ / shares		[5],[7]
Average market value per share (in Dollars per share) | $ / shares		[6],[7]
Credit Facility with Madison Capital Funding [Member] | Fiscal year 2013 (as of February 28, 2013) [Member]
Line of Credit Facility [Line Items]
Total amount outstanding exclusive of treasury securities | $	$ 24,300	[2],[7]
Asset coverage per unit | $	$ 5,421	[4],[7]
Involuntary liquidating preference per share (in Dollars per share) | $ / shares		[5],[7]
Average market value per share (in Dollars per share) | $ / shares		[6],[7]
Credit Facility with Madison Capital Funding [Member] | Fiscal year 2012 (as of February 29, 2012) [Member]
Line of Credit Facility [Line Items]
Total amount outstanding exclusive of treasury securities | $	$ 20,000	[2],[7]
Asset coverage per unit | $	$ 5,834	[4],[7]
Involuntary liquidating preference per share (in Dollars per share) | $ / shares		[5],[7]
Average market value per share (in Dollars per share) | $ / shares		[6],[7]
Credit Facility with Madison Capital Funding [Member] | Fiscal year 2011 (as of February 28, 2011) [Member]
Line of Credit Facility [Line Items]
Total amount outstanding exclusive of treasury securities | $	$ 4,500	[2],[7]
Asset coverage per unit | $	$ 20,077	[4],[7]
Involuntary liquidating preference per share (in Dollars per share) | $ / shares		[5],[7]
Average market value per share (in Dollars per share) | $ / shares		[6],[7]
Credit Facility with Madison Capital Funding [Member] | Fiscal year 2010 (as of February 28, 2010) [Member]
Line of Credit Facility [Line Items]
Total amount outstanding exclusive of treasury securities | $		[2],[7]
Asset coverage per unit | $		[4],[7]
Involuntary liquidating preference per share (in Dollars per share) | $ / shares		[5],[7]
Average market value per share (in Dollars per share) | $ / shares		[6],[7]
Credit Facility with Madison Capital Funding [Member] | Fiscal year 2009 (as of February 28, 2009) [Member]
Line of Credit Facility [Line Items]
Total amount outstanding exclusive of treasury securities | $		[2],[7]
Asset coverage per unit | $		[4],[7]
Involuntary liquidating preference per share (in Dollars per share) | $ / shares		[5],[7]
Average market value per share (in Dollars per share) | $ / shares		[6],[7]
Credit Facility with Madison Capital Funding [Member] | Fiscal year 2008 (as of February 29, 2008) [Member]
Line of Credit Facility [Line Items]
Total amount outstanding exclusive of treasury securities | $		[2],[7]
Asset coverage per unit | $		[4],[7]
Involuntary liquidating preference per share (in Dollars per share) | $ / shares		[5],[7]
Average market value per share (in Dollars per share) | $ / shares		[6],[7]
Credit Facility with Madison Capital Funding [Member] | Fiscal year 2007 (as of February 28, 2007) [Member]
Line of Credit Facility [Line Items]
Total amount outstanding exclusive of treasury securities | $		[2],[7]
Asset coverage per unit | $		[4],[7]
Involuntary liquidating preference per share (in Dollars per share) | $ / shares		[5],[7]
Average market value per share (in Dollars per share) | $ / shares		[6],[7]
7.50% Notes due 2020 [Member] | Fiscal year 2017 (as of February 28, 2017) [Member]
Line of Credit Facility [Line Items]
Asset coverage per unit | $		[4],[8]
Involuntary liquidating preference per share (in Dollars per share) | $ / shares		[5],[8]
Average market value per share (in Dollars per share) | $ / shares		[6],[8]
Notes payable | $		[2],[8]
7.50% Notes due 2020 [Member] | Fiscal year 2016 (as of February 29, 2016) [Member]
Line of Credit Facility [Line Items]
Asset coverage per unit | $	$ 3,025	[4],[8]
Involuntary liquidating preference per share (in Dollars per share) | $ / shares		[5],[8]
Average market value per share (in Dollars per share) | $ / shares	$ 25.24	[6],[8],[9]
Notes payable | $	$ 61,793	[2],[8]
7.50% Notes due 2020 [Member] | Fiscal year 2015 (as of February 28, 2015) [Member]
Line of Credit Facility [Line Items]
Asset coverage per unit | $	$ 3,117	[4],[8]
Involuntary liquidating preference per share (in Dollars per share) | $ / shares		[5],[8]
Average market value per share (in Dollars per share) | $ / shares	$ 25.46	[6],[8],[9]
Notes payable | $	$ 48,300	[2],[8]
7.50% Notes due 2020 [Member] | Fiscal year 2014 (as of February 28, 2014) [Member]
Line of Credit Facility [Line Items]
Asset coverage per unit | $	$ 3,348	[4],[8]
Involuntary liquidating preference per share (in Dollars per share) | $ / shares		[5],[8]
Average market value per share (in Dollars per share) | $ / shares	$ 25.18	[6],[8],[9]
Notes payable | $	$ 48,300	[2],[8]
7.50% Notes due 2020 [Member] | Fiscal year 2013 (as of February 28, 2013) [Member]
Line of Credit Facility [Line Items]
Asset coverage per unit | $		[4],[8]
Involuntary liquidating preference per share (in Dollars per share) | $ / shares		[5],[8]
Average market value per share (in Dollars per share) | $ / shares		[6],[8]
Notes payable | $		[2],[8]
7.50% Notes due 2020 [Member] | Fiscal year 2012 (as of February 29, 2012) [Member]
Line of Credit Facility [Line Items]
Asset coverage per unit | $		[4],[8]
Involuntary liquidating preference per share (in Dollars per share) | $ / shares		[5],[8]
Average market value per share (in Dollars per share) | $ / shares		[6],[8]
Notes payable | $		[2],[8]
7.50% Notes due 2020 [Member] | Fiscal year 2011 (as of February 28, 2011) [Member]
Line of Credit Facility [Line Items]
Asset coverage per unit | $		[4],[8]
Involuntary liquidating preference per share (in Dollars per share) | $ / shares		[5],[8]
Average market value per share (in Dollars per share) | $ / shares		[6],[8]
Notes payable | $		[2],[8]
7.50% Notes due 2020 [Member] | Fiscal year 2010 (as of February 28, 2010) [Member]
Line of Credit Facility [Line Items]
Asset coverage per unit | $		[4],[8]
Involuntary liquidating preference per share (in Dollars per share) | $ / shares		[5],[8]
Average market value per share (in Dollars per share) | $ / shares		[6],[8]
Notes payable | $		[2],[8]
7.50% Notes due 2020 [Member] | Fiscal year 2009 (as of February 28, 2009) [Member]
Line of Credit Facility [Line Items]
Asset coverage per unit | $		[4],[8]
Involuntary liquidating preference per share (in Dollars per share) | $ / shares		[5],[8]
Average market value per share (in Dollars per share) | $ / shares		[6],[8]
Notes payable | $		[2],[8]
7.50% Notes due 2020 [Member] | Fiscal year 2008 (as of February 29, 2008) [Member]
Line of Credit Facility [Line Items]
Asset coverage per unit | $		[4],[8]
Involuntary liquidating preference per share (in Dollars per share) | $ / shares		[5],[8]
Average market value per share (in Dollars per share) | $ / shares		[6],[8]
Notes payable | $		[2],[8]
7.50% Notes due 2020 [Member] | Fiscal year 2007 (as of February 28, 2007) [Member]
Line of Credit Facility [Line Items]
Asset coverage per unit | $		[4],[8]
Involuntary liquidating preference per share (in Dollars per share) | $ / shares		[5],[8]
Average market value per share (in Dollars per share) | $ / shares		[6],[8]
Notes payable | $		[2],[8]
6.75% Notes due 2023 [Member] | Fiscal year 2020 (as of February 29, 2020) [Member]
Line of Credit Facility [Line Items]
Asset coverage per unit | $		[4],[10]
Involuntary liquidating preference per share (in Dollars per share) | $ / shares		[5],[10]
Average market value per share (in Dollars per share) | $ / shares		[6],[10]
Notes payable | $		[2],[10]
6.75% Notes due 2023 [Member] | Fiscal year 2019 (as of February 28, 2019) [Member]
Line of Credit Facility [Line Items]
Asset coverage per unit | $	$ 2,345	[4],[10]
Involuntary liquidating preference per share (in Dollars per share) | $ / shares		[5],[10]
Average market value per share (in Dollars per share) | $ / shares	$ 25.74	[6],[10],[11]
Notes payable | $	$ 74,451	[2],[10]
6.75% Notes due 2023 [Member] | Fiscal year 2018 (as of February 28, 2018) [Member]
Line of Credit Facility [Line Items]
Asset coverage per unit | $	$ 2,930	[4],[10]
Involuntary liquidating preference per share (in Dollars per share) | $ / shares		[5],[10]
Average market value per share (in Dollars per share) | $ / shares	$ 26.05	[6],[10],[11]
Notes payable | $	$ 74,451	[2],[10]
6.75% Notes due 2023 [Member] | Fiscal year 2017 (as of February 28, 2017) [Member]
Line of Credit Facility [Line Items]
Asset coverage per unit | $	$ 2,710	[4],[10]
Involuntary liquidating preference per share (in Dollars per share) | $ / shares		[5],[10]
Average market value per share (in Dollars per share) | $ / shares	$ 25.89	[6],[10],[11]
Notes payable | $	$ 74,451	[2],[10]
6.25% Notes due 2025 [Member] | Fiscal year 2022 (as of February 28, 2022) [Member]
Line of Credit Facility [Line Items]
Asset coverage per unit | $		[4],[12]
Involuntary liquidating preference per share (in Dollars per share) | $ / shares		[5],[12]
Average market value per share (in Dollars per share) | $ / shares		[6],[12]
Notes payable | $		[2],[12]
6.25% Notes due 2025 [Member] | Fiscal year 2021 (as of February 28, 2021) [Member]
Line of Credit Facility [Line Items]
Asset coverage per unit | $	$ 3,471	[4],[12]
Involuntary liquidating preference per share (in Dollars per share) | $ / shares		[5],[12]
Average market value per share (in Dollars per share) | $ / shares	$ 24.24	[6],[12],[13]
Notes payable | $	$ 60,000	[2],[12]
6.25% Notes due 2025 [Member] | Fiscal year 2020 (as of February 29, 2020) [Member]
Line of Credit Facility [Line Items]
Asset coverage per unit | $	$ 6,071	[4],[12]
Involuntary liquidating preference per share (in Dollars per share) | $ / shares		[5],[12]
Average market value per share (in Dollars per share) | $ / shares	$ 25.75	[6],[12],[13]
Notes payable | $	$ 60,000	[2],[12]
6.25% Notes due 2025 [Member] | Fiscal year 2019 (as of February 28, 2019) [Member]
Line of Credit Facility [Line Items]
Asset coverage per unit | $	$ 2,345	[4],[12]
Involuntary liquidating preference per share (in Dollars per share) | $ / shares		[5],[12]
Average market value per share (in Dollars per share) | $ / shares	$ 24.97	[6],[12],[13]
Notes payable | $	$ 60,000	[2],[12]
7.25% Notes due 2025 [Member] | Fiscal year 2023 (as of August 31, 2022) [Member]
Line of Credit Facility [Line Items]
Asset coverage per unit | $		[4],[14]
Involuntary liquidating preference per share (in Dollars per share) | $ / shares		[5],[14]
Average market value per share (in Dollars per share) | $ / shares		[6],[13],[14]
Notes payable | $		[2],[14]
7.25% Notes due 2025 [Member] | Fiscal year 2022 (as of February 28, 2022) [Member]
Line of Credit Facility [Line Items]
Asset coverage per unit | $	$ 2,093	[4],[14]
Involuntary liquidating preference per share (in Dollars per share) | $ / shares		[5],[14]
Average market value per share (in Dollars per share) | $ / shares	$ 25.46	[6],[13],[14]
Notes payable | $	$ 43,125	[2],[14]
7.25% Notes due 2025 [Member] | Fiscal year 2021 (as of February 28, 2021) [Member]
Line of Credit Facility [Line Items]
Asset coverage per unit | $	$ 3,471	[4],[14]
Involuntary liquidating preference per share (in Dollars per share) | $ / shares		[5],[14]
Average market value per share (in Dollars per share) | $ / shares	$ 25.77	[6],[13],[14]
Notes payable | $	$ 43,125	[2],[14]
7.75% Notes due 2025 [Member] | Fiscal year 2023 (as of August 31, 2022) [Member]
Line of Credit Facility [Line Items]
Asset coverage per unit | $	$ 1,842	[4]
Involuntary liquidating preference per share (in Dollars per share) | $ / shares		[5]
Average market value per share (in Dollars per share) | $ / shares	$ 25	[6],[15]
Notes payable | $	$ 5,000	[2]
7.75% Notes due 2025 [Member] | Fiscal year 2022 (as of February 28, 2022) [Member]
Line of Credit Facility [Line Items]
Asset coverage per unit | $	$ 2,093	[4]
Involuntary liquidating preference per share (in Dollars per share) | $ / shares		[5]
Average market value per share (in Dollars per share) | $ / shares	$ 25	[6],[15]
Notes payable | $	$ 5,000	[2]
7.75% Notes due 2025 [Member] | Fiscal year 2021 (as of February 28, 2021) [Member]
Line of Credit Facility [Line Items]
Asset coverage per unit | $	$ 3,471	[4]
Involuntary liquidating preference per share (in Dollars per share) | $ / shares		[5]
Average market value per share (in Dollars per share) | $ / shares	$ 25	[6],[15]
Notes payable | $	$ 5,000	[2]
4.375% Notes due 2026 [Member] | Fiscal year 2023 (as of August 31, 2022) [Member]
Line of Credit Facility [Line Items]
Asset coverage per unit | $	$ 1,842	[4]
Involuntary liquidating preference per share (in Dollars per share) | $ / shares		[5]
Average market value per share (in Dollars per share) | $ / shares	$ 25	[6],[15]
Notes payable | $	$ 175,000	[2]
4.375% Notes due 2026 [Member] | Fiscal year 2022 (as of February 28, 2022) [Member]
Line of Credit Facility [Line Items]
Asset coverage per unit | $	$ 2,093	[4]
Involuntary liquidating preference per share (in Dollars per share) | $ / shares		[5]
Average market value per share (in Dollars per share) | $ / shares	$ 25	[6],[15]
Notes payable | $	$ 175,000	[2]
4.35% Notes due 2027 [Member] | Fiscal year 2023 (as of August 31, 2022) [Member]
Line of Credit Facility [Line Items]
Asset coverage per unit | $	$ 1,842	[4]
Involuntary liquidating preference per share (in Dollars per share) | $ / shares		[5]
Average market value per share (in Dollars per share) | $ / shares	$ 25	[6],[15]
Notes payable | $	$ 75,000	[2]
4.35% Notes due 2027 [Member] | Fiscal year 2022 (as of February 28, 2022) [Member]
Line of Credit Facility [Line Items]
Asset coverage per unit | $	$ 2,093	[4]
Involuntary liquidating preference per share (in Dollars per share) | $ / shares		[5]
Average market value per share (in Dollars per share) | $ / shares	$ 25	[6],[15]
Notes payable | $	$ 75,000	[2]
6.25% Notes due 2027 [Member] | Fiscal year 2023 (as of August 31, 2022) [Member]
Line of Credit Facility [Line Items]
Asset coverage per unit | $	$ 1,842	[4]
Involuntary liquidating preference per share (in Dollars per share) | $ / shares		[5]
Average market value per share (in Dollars per share) | $ / shares	$ 25	[6],[15]
Notes payable | $	$ 15,000	[2]
6.25% Notes due 2027 [Member] | Fiscal year 2022 (as of February 28, 2022) [Member]
Line of Credit Facility [Line Items]
Asset coverage per unit | $	$ 2,093	[4]
Involuntary liquidating preference per share (in Dollars per share) | $ / shares		[5]
Average market value per share (in Dollars per share) | $ / shares	$ 25	[6],[15]
Notes payable | $	$ 15,000	[2]
6.25% Notes due 2027 [Member] | Fiscal year 2021 (as of February 28, 2021) [Member]
Line of Credit Facility [Line Items]
Asset coverage per unit | $	$ 3,471	[4]
Involuntary liquidating preference per share (in Dollars per share) | $ / shares		[5]
Average market value per share (in Dollars per share) | $ / shares	$ 25	[6],[15]
Notes payable | $	$ 15,000	[2]
6.00% Notes due 2027 [Member] | Fiscal year 2023 (as of August 31, 2022) [Member]
Line of Credit Facility [Line Items]
Asset coverage per unit | $	$ 1,842	[4]
Involuntary liquidating preference per share (in Dollars per share) | $ / shares		[5]
Average market value per share (in Dollars per share) | $ / shares	$ 24.12	[6],[16]
Notes payable | $	$ 105,500	[2]
[1] This table does not include the senior securities of our predecessor entity, GSC Investment Corp., relating to a revolving securitized credit facility with Deutsche Bank, in light of the fact that the Company was under different management during the time that such credit facility was outstanding. Total amount of senior securities outstanding at the end of the period presented. We have excluded our SBA-guaranteed debentures from this table because the SEC has granted us exemptive relief that permits us to exclude such debentures from the definition of senior securities in the 150% asset coverage ratio we are required to maintain under the 1940 Act. Asset coverage per unit is the ratio of our total assets, less all liabilities and indebtedness not represented by senior securities, to the aggregate amount of senior securities representing indebtedness. Asset coverage per unit is expressed in terms of dollar amounts per $1,000 of indebtedness, calculated on a total basis. The amount to which such class of senior security would be entitled upon the involuntary liquidation of the issuer in preference to any security junior to it. The “—” indicates information which the Securities and Exchange Commission expressly does not require to be disclosed for certain types of senior securities. Not applicable for credit facility because not registered for public trading. On October 4, 2021, the Company repaid all remaining amounts outstanding under the Madison Credit Facility and the credit agreement relating to the Madison Credit Facility was terminated. On January 13, 2017, the Company redeemed in full its 2020 Notes. The Company used a portion of the net proceeds from the 2023 Notes offering, which was completed in December 2016, to redeem the 2020 Notes in full. Based on the average daily trading price of the 2020 Notes on the NYSE. On December 21, 2019 and February 7, 2020, the Company redeemed $50.0 million and $24.45 million, respectively, in aggregate principal amount of the $74.45 million in aggregate principal amount of issued and outstanding 2023 Notes. Based on the average daily trading price of the 2023 Notes on the NYSE. On August 31, 2021, the Company redeemed $60.0 million in aggregate principal amount of the issued and outstanding 6.25% 2025 Notes. The Company used a portion of the net proceeds from the 4.375% 2026 Notes offering, which was completed in July 2021, to redeem the 6.25% 2025 Notes in full. Based on the average daily trading price of the 2025 Notes on the NYSE. On July 14, 2022, the Company redeemed $43.1 million in aggregate principal amount of the issued and outstanding 7.25% 2025 Notes. The carrying value of this unlisted security approximates its fair value, based on a waterfall analysis showing adequate collateral coverage. Based on the average daily trading price of the 2027 Notes on the NYSE.

Commitments and Contingencies_2

Commitments and Contingencies (Details) - USD ($) $ in Thousands	Aug. 31, 2022	Feb. 28, 2022
Commitments and Contingencies (Details) [Line Items]
Off-balance sheet arrangements	$ 90,676	$ 83,370
Cash and cash equivalents	12,600
Encina Credit Facility [Member]
Commitments and Contingencies (Details) [Line Items]
Available borrowings	$ 25,000

Commitments and Contingencies_3

Commitments and Contingencies (Details) - Schedule of payment obligations for repayment of debt and other contractual obligations $ in Thousands	Aug. 31, 2022 USD ($)
Commitments and Contingencies (Details) - Schedule of payment obligations for repayment of debt and other contractual obligations [Line Items]
Total long-term debt obligations	$ 634,160
Revolving Credit Facility [Member]
Commitments and Contingencies (Details) - Schedule of payment obligations for repayment of debt and other contractual obligations [Line Items]
Total long-term debt obligations	25,000
SBA Debentures [Member]
Commitments and Contingencies (Details) - Schedule of payment obligations for repayment of debt and other contractual obligations [Line Items]
Total long-term debt obligations	233,660
7.75% 2025 Notes [Member]
Commitments and Contingencies (Details) - Schedule of payment obligations for repayment of debt and other contractual obligations [Line Items]
Total long-term debt obligations	5,000
4.375% 2026 Notes [Member]
Commitments and Contingencies (Details) - Schedule of payment obligations for repayment of debt and other contractual obligations [Line Items]
Total long-term debt obligations	175,000
4.35% 2027 Notes [Member]
Commitments and Contingencies (Details) - Schedule of payment obligations for repayment of debt and other contractual obligations [Line Items]
Total long-term debt obligations	75,000
6.25% 2027 Notes [Member]
Commitments and Contingencies (Details) - Schedule of payment obligations for repayment of debt and other contractual obligations [Line Items]
Total long-term debt obligations	15,000
6.00% 2027 Notes [Member]
Commitments and Contingencies (Details) - Schedule of payment obligations for repayment of debt and other contractual obligations [Line Items]
Total long-term debt obligations	105,500
Payment Due by Period Less Than 1 Year [Member]
Commitments and Contingencies (Details) - Schedule of payment obligations for repayment of debt and other contractual obligations [Line Items]
Total long-term debt obligations
Payment Due by Period Less Than 1 Year [Member] | Revolving Credit Facility [Member]
Commitments and Contingencies (Details) - Schedule of payment obligations for repayment of debt and other contractual obligations [Line Items]
Total long-term debt obligations
Payment Due by Period Less Than 1 Year [Member] | SBA Debentures [Member]
Commitments and Contingencies (Details) - Schedule of payment obligations for repayment of debt and other contractual obligations [Line Items]
Total long-term debt obligations
Payment Due by Period Less Than 1 Year [Member] | 7.75% 2025 Notes [Member]
Commitments and Contingencies (Details) - Schedule of payment obligations for repayment of debt and other contractual obligations [Line Items]
Total long-term debt obligations
Payment Due by Period Less Than 1 Year [Member] | 4.375% 2026 Notes [Member]
Commitments and Contingencies (Details) - Schedule of payment obligations for repayment of debt and other contractual obligations [Line Items]
Total long-term debt obligations
Payment Due by Period Less Than 1 Year [Member] | 4.35% 2027 Notes [Member]
Commitments and Contingencies (Details) - Schedule of payment obligations for repayment of debt and other contractual obligations [Line Items]
Total long-term debt obligations
Payment Due by Period Less Than 1 Year [Member] | 6.25% 2027 Notes [Member]
Commitments and Contingencies (Details) - Schedule of payment obligations for repayment of debt and other contractual obligations [Line Items]
Total long-term debt obligations
Payment Due by Period Less Than 1 Year [Member] | 6.00% 2027 Notes [Member]
Commitments and Contingencies (Details) - Schedule of payment obligations for repayment of debt and other contractual obligations [Line Items]
Total long-term debt obligations
Payment Due by Period 1 - 3 Years [Member]
Commitments and Contingencies (Details) - Schedule of payment obligations for repayment of debt and other contractual obligations [Line Items]
Total long-term debt obligations	45,000
Payment Due by Period 1 - 3 Years [Member] | Revolving Credit Facility [Member]
Commitments and Contingencies (Details) - Schedule of payment obligations for repayment of debt and other contractual obligations [Line Items]
Total long-term debt obligations	25,000
Payment Due by Period 1 - 3 Years [Member] | SBA Debentures [Member]
Commitments and Contingencies (Details) - Schedule of payment obligations for repayment of debt and other contractual obligations [Line Items]
Total long-term debt obligations	15,000
Payment Due by Period 1 - 3 Years [Member] | 7.75% 2025 Notes [Member]
Commitments and Contingencies (Details) - Schedule of payment obligations for repayment of debt and other contractual obligations [Line Items]
Total long-term debt obligations	5,000
Payment Due by Period 1 - 3 Years [Member] | 4.375% 2026 Notes [Member]
Commitments and Contingencies (Details) - Schedule of payment obligations for repayment of debt and other contractual obligations [Line Items]
Total long-term debt obligations
Payment Due by Period 1 - 3 Years [Member] | 4.35% 2027 Notes [Member]
Commitments and Contingencies (Details) - Schedule of payment obligations for repayment of debt and other contractual obligations [Line Items]
Total long-term debt obligations
Payment Due by Period 1 - 3 Years [Member] | 6.25% 2027 Notes [Member]
Commitments and Contingencies (Details) - Schedule of payment obligations for repayment of debt and other contractual obligations [Line Items]
Total long-term debt obligations
Payment Due by Period 1 - 3 Years [Member] | 6.00% 2027 Notes [Member]
Commitments and Contingencies (Details) - Schedule of payment obligations for repayment of debt and other contractual obligations [Line Items]
Total long-term debt obligations
Payment Due by Period 3 - 5 Years [Member]
Commitments and Contingencies (Details) - Schedule of payment obligations for repayment of debt and other contractual obligations [Line Items]
Total long-term debt obligations	389,160
Payment Due by Period 3 - 5 Years [Member] | Revolving Credit Facility [Member]
Commitments and Contingencies (Details) - Schedule of payment obligations for repayment of debt and other contractual obligations [Line Items]
Total long-term debt obligations
Payment Due by Period 3 - 5 Years [Member] | SBA Debentures [Member]
Commitments and Contingencies (Details) - Schedule of payment obligations for repayment of debt and other contractual obligations [Line Items]
Total long-term debt obligations	33,660
Payment Due by Period 3 - 5 Years [Member] | 4.375% 2026 Notes [Member]
Commitments and Contingencies (Details) - Schedule of payment obligations for repayment of debt and other contractual obligations [Line Items]
Total long-term debt obligations	175,000
Payment Due by Period 3 - 5 Years [Member] | 4.35% 2027 Notes [Member]
Commitments and Contingencies (Details) - Schedule of payment obligations for repayment of debt and other contractual obligations [Line Items]
Total long-term debt obligations	75,000
Payment Due by Period 3 - 5 Years [Member] | 6.25% 2027 Notes [Member]
Commitments and Contingencies (Details) - Schedule of payment obligations for repayment of debt and other contractual obligations [Line Items]
Total long-term debt obligations
Payment Due by Period 3 - 5 Years [Member] | 6.00% 2027 Notes [Member]
Commitments and Contingencies (Details) - Schedule of payment obligations for repayment of debt and other contractual obligations [Line Items]
Total long-term debt obligations	105,500
Payment Due by Period More Than 5 Years [Member]
Commitments and Contingencies (Details) - Schedule of payment obligations for repayment of debt and other contractual obligations [Line Items]
Total long-term debt obligations	200,000
Payment Due by Period More Than 5 Years [Member] | Revolving Credit Facility [Member]
Commitments and Contingencies (Details) - Schedule of payment obligations for repayment of debt and other contractual obligations [Line Items]
Total long-term debt obligations
Payment Due by Period More Than 5 Years [Member] | SBA Debentures [Member]
Commitments and Contingencies (Details) - Schedule of payment obligations for repayment of debt and other contractual obligations [Line Items]
Total long-term debt obligations	185,000
Payment Due by Period More Than 5 Years [Member] | 7.75% 2025 Notes [Member]
Commitments and Contingencies (Details) - Schedule of payment obligations for repayment of debt and other contractual obligations [Line Items]
Total long-term debt obligations
Payment Due by Period More Than 5 Years [Member] | 4.375% 2026 Notes [Member]
Commitments and Contingencies (Details) - Schedule of payment obligations for repayment of debt and other contractual obligations [Line Items]
Total long-term debt obligations
Payment Due by Period More Than 5 Years [Member] | 4.35% 2027 Notes [Member]
Commitments and Contingencies (Details) - Schedule of payment obligations for repayment of debt and other contractual obligations [Line Items]
Total long-term debt obligations
Payment Due by Period More Than 5 Years [Member] | 6.25% 2027 Notes [Member]
Commitments and Contingencies (Details) - Schedule of payment obligations for repayment of debt and other contractual obligations [Line Items]
Total long-term debt obligations	15,000
Payment Due by Period More Than 5 Years [Member] | 6.00% 2027 Notes [Member]
Commitments and Contingencies (Details) - Schedule of payment obligations for repayment of debt and other contractual obligations [Line Items]
Total long-term debt obligations

Commitments and Contingencies_4

Commitments and Contingencies (Details) - Schedule of unfunded commitments outstanding - USD ($) $ in Thousands	Aug. 31, 2022	Feb. 28, 2022
At Company’s discretion
Off-Balance sheet arrangements	$ 90,676	$ 83,370
Company’s Discretion [Member]
At Company’s discretion
Off-Balance sheet arrangements	52,856	54,000
ActiveProspect, Inc. [Member] | Company’s Discretion [Member]
At Company’s discretion
Off-Balance sheet arrangements	10,000
Artemis Wax [Member] | Company’s Discretion [Member]
At Company’s discretion
Off-Balance sheet arrangements	3,000	3,700
Ascend Software LLC [Member] | Company’s Discretion [Member]
At Company’s discretion
Off-Balance sheet arrangements	5,000	5,000
Axero Holdings [Member] | Company’s Discretion [Member]
At Company’s discretion
Off-Balance sheet arrangements		3,000
Davisware [Member] | Company’s Discretion [Member]
At Company’s discretion
Off-Balance sheet arrangements	2,000	2,000
Granite Comfort [Member] | Company’s Discretion [Member]
At Company’s discretion
Off-Balance sheet arrangements	5,000
JDXpert [Member] | Company’s Discretion [Member]
At Company’s discretion
Off-Balance sheet arrangements	5,000
Lee’s Famous Recipe Chicken [Member] | Company’s Discretion [Member]
At Company’s discretion
Off-Balance sheet arrangements	4,000	10,000
Netreo Holdings, LLC [Member] | Company’s Discretion [Member]
At Company’s discretion
Off-Balance sheet arrangements		4,000
Pepper Palace [Member] | Company’s Discretion [Member]
At Company’s discretion
Off-Balance sheet arrangements	3,000	3,000
Procrement Partners [Member] | Company’s Discretion [Member]
At Company’s discretion
Off-Balance sheet arrangements		2,800
Saratoga Senior Loan Fund I JV LLC [Member] | Company’s Discretion [Member]
At Company’s discretion
Off-Balance sheet arrangements	15,606	17,500
Sceptre Hospitality Resources [Member] | Company’s Discretion [Member]
At Company’s discretion
Off-Balance sheet arrangements	250	1,000
Book4Time, Inc. [Member] | Company’s Discretion [Member]
At Company’s discretion
Off-Balance sheet arrangements		2,000
Ascend Software LLC [Member] | At portfolio company’s discretion - satisfaction of certain financial and nonfinancial covenants required [Member]
At Company’s discretion
Off-Balance sheet arrangements	4,200	6,500
Axero Holdings [Member] | At portfolio company’s discretion - satisfaction of certain financial and nonfinancial covenants required [Member]
At Company’s discretion
Off-Balance sheet arrangements	8,500	2,000
Axero Holdings - Revolver [Member] | At portfolio company’s discretion - satisfaction of certain financial and nonfinancial covenants required [Member]
At Company’s discretion
Off-Balance sheet arrangements	500	500
Davisware, LLC [Member] | At portfolio company’s discretion - satisfaction of certain financial and nonfinancial covenants required [Member]
At Company’s discretion
Off-Balance sheet arrangements	1,000	1,000
Exigo - DDTL [Member] | At portfolio company’s discretion - satisfaction of certain financial and nonfinancial covenants required [Member]
At Company’s discretion
Off-Balance sheet arrangements	4,167
Exigo - Revolver [Member] | At portfolio company’s discretion - satisfaction of certain financial and nonfinancial covenants required [Member]
At Company’s discretion
Off-Balance sheet arrangements	833
GDS Holdings US, Inc. [Member] | At portfolio company’s discretion - satisfaction of certain financial and nonfinancial covenants required [Member]
At Company’s discretion
Off-Balance sheet arrangements	1,036	2,786
Granite Comfort [Member] | At portfolio company’s discretion - satisfaction of certain financial and nonfinancial covenants required [Member]
At Company’s discretion
Off-Balance sheet arrangements	5,000
GoReact [Member] | At portfolio company’s discretion - satisfaction of certain financial and nonfinancial covenants required [Member]
At Company’s discretion
Off-Balance sheet arrangements	500	2,500
JDXpert [Member] | At portfolio company’s discretion - satisfaction of certain financial and nonfinancial covenants required [Member]
At Company’s discretion
Off-Balance sheet arrangements	1,000
Madison Logic - Revolver [Member] | At portfolio company’s discretion - satisfaction of certain financial and nonfinancial covenants required [Member]
At Company’s discretion
Off-Balance sheet arrangements	1,084	1,084
New England Dental Partners [Member] | At portfolio company’s discretion - satisfaction of certain financial and nonfinancial covenants required [Member]
At Company’s discretion
Off-Balance sheet arrangements	4,500	4,500
Pepper Palace - DDTL [Member] | At portfolio company’s discretion - satisfaction of certain financial and nonfinancial covenants required [Member]
At Company’s discretion
Off-Balance sheet arrangements	2,000	2,000
Pepper Palace - Revolver [Member] | At portfolio company’s discretion - satisfaction of certain financial and nonfinancial covenants required [Member]
At Company’s discretion
Off-Balance sheet arrangements	2,500	2,500
Zollege [Member] | At portfolio company’s discretion - satisfaction of certain financial and nonfinancial covenants required [Member]
At Company’s discretion
Off-Balance sheet arrangements	1,000	1,000
Lee’s Famous Recipe Chicken [Member] | At portfolio company’s discretion - satisfaction of certain financial and nonfinancial covenants required [Member]
At Company’s discretion
Off-Balance sheet arrangements		3,000
Defined Benefit Plan Portfolio [Member] | At portfolio company’s discretion - satisfaction of certain financial and nonfinancial covenants required [Member]
At Company’s discretion
Off-Balance sheet arrangements	$ 37,820	$ 29,370

Directors Fees (Details)

Directors Fees (Details) - USD ($)	3 Months Ended		6 Months Ended
	Aug. 31, 2022	Aug. 31, 2021	Aug. 31, 2022	Aug. 31, 2021	Feb. 28, 2022
Directors Fee [Abstract]
Annual fee			$ 70,000
Board meeting attending fees			3,000
Committee meeting attending fees			1,500
Audit committee annual fees			12,500
Chairman annual fees			6,000
Directors' fees and expenses	$ 100,000	$ 100,000	200,000	$ 200,000
Accrued and unpaid amount	$ 100,000		$ 100,000		$ 70,000

Stockholders' Equity (Details)

Stockholders' Equity (Details) - USD ($)

1 Months Ended

6 Months Ended

Jul. 13, 2021

Oct. 08, 2019

Jul. 11, 2019

Aug. 12, 2010

Jul. 30, 2021

Jul. 29, 2021

Mar. 16, 2017

Sep. 24, 2014

Jul. 30, 2010

Mar. 28, 2007

Mar. 20, 2007

May 16, 2006

Aug. 31, 2022

Aug. 31, 2021

Feb. 28, 2022

Stockholders' Equity (Details) [Line Items]

Shares of common stock (in Shares)

11,927,238

12,131,350

Stock issued price per share (in Dollars per share)

$ 25

$ 15.2

Stock issued at value

$ 157,040

Affiliates purchased (in Shares)

986,842

Total proceeds received

$ 15,000,000

Cash payment in lieu of shares

$ 230

Shares of our common stock outstanding (in Shares)

2,680,842

11,927,238

12,131,350

Repurchase plan, description

On September 24, 2014, the Company announced the approval of an open market share repurchase plan that allowed it to repurchase up to 200,000 shares of its common stock at prices below its NAV as reported in its then most recently published consolidated financial statements (the “Share Repurchase Plan”). On October 7, 2015, our board of directors extended the Share Repurchase Plan for another year and increased the number of shares the Company is permitted to repurchase at prices below its NAV, as reported in its then most recently published consolidated financial statements, to 400,000 shares of its common stock. On October 5, 2016, our board of directors extended the Share Repurchase Plan for another year to October 15, 2017 and increased the number of shares the Company is permitted to repurchase at prices below its NAV, as reported in its then most recently published consolidated financial statements, to 600,000 shares of its common stock. On October 10, 2017, January 8, 2019 and January 7, 2020, our board of directors extended the Share Repurchase Plan for another year to October 15, 2018, January 15, 2020 and January 15, 2021, respectively, each time leaving the number of shares unchanged at 600,000 shares of its common stock. On May 4, 2020, our board of directors increased the Share Repurchase Plan to 1.3 million shares of common stock. On January 5, 2021, our board of directors extended the Share Repurchase Plan for another year to January 15, 2022, leaving the number of shares unchanged at 1.3 million shares of common stock. On January 4, 2022, our board of directors extended the Shares Repurchase Plan for another year to January 15, 2023, leaving the number of shares unchanged at 1.3 million shares of common stock. As of August 31, 2022, the Company purchased 803,962 shares of common stock, at the average price of $21.47 for approximately $17.3 million pursuant to the Share Repurchase Plan. During the three months ended August 31, 2022 the Company purchased 153,350 shares of common stock, at the average price of $24.04 for approximately $3.7 million pursuant to the Share Repurchase Plan. During the six months ended August 31, 2022 the Company purchased 295,527 shares of common stock, at the average price of $25.11 for approximately $7.4 million pursuant to the Share Repurchase Plan.

Offer for sale

$ 150,000,000

$ 30,000,000

Amount of common stock

$ 1,150,000

$ 130,000,000

$ 70,000,000

Number of shares sold (in Shares)

4,840,361

Gross proceeds

$ 124,000,000

Average price (in Dollars per share)

$ 25.61

Aggregate net proceeds

$ 28,750,000

$ 122,400,000

Common stock par value (in Dollars per share)

$ 0.001

$ 0.001

$ 0.001

Sale of stock, description

The net proceeds, after deducting underwriting commissions of $1.15 million and offering costs of approximately $0.2 million, amounted to approximately $27.4 million.

Additional common stock (in Shares)

172,500

IPO [Member]

Stockholders' Equity (Details) [Line Items]

Shares of common stock (in Shares)

725,000

Stock issued price per share (in Dollars per share)

$ 150

Total proceeds

$ 7,100,000

Underwriting discounts and commissions

1,000,000

Offering costs

$ 100,700,000

GSC Group [Member]

Stockholders' Equity (Details) [Line Items]

Shares issued (in Shares)

67

Owned shares (in Shares)

6.7

Exchanged shares (in Shares)

6.7

GSC Group [Member] | Maximum [Member]

Stockholders' Equity (Details) [Line Items]

Shares of common stock (in Shares)

95,995.5

Employees Of GSC Group, Inc [Member] | Minimum [Member]

Stockholders' Equity (Details) [Line Items]

Shares of common stock (in Shares)

8,136.2

GSC Group, Inc And Employees Of GSC Group, Inc [Member]

Stockholders' Equity (Details) [Line Items]

Stock issued at value

$ 15,600,000

Ladenburg Thalmann & Co. Inc. [Member]

Stockholders' Equity (Details) [Line Items]

Number of shares sold (in Shares)

3,922,018

Gross proceeds

$ 97,100,000

Average price (in Dollars per share)

$ 24.77

Aggregate net proceeds

$ 95,900,000

LLC [Member]

Stockholders' Equity (Details) [Line Items]

Contributing amount

$ 1,000

GSC Group, Inc And Employees Of GSC Group, Inc [Member]

Stockholders' Equity (Details) [Line Items]

Stock issued price per share (in Dollars per share)

$ 150

Stockholders' Equity (Details)

Stockholders' Equity (Details) - Schedule of reconciliation of the changes in each significant caption of stockholders’ equity - USD ($)		3 Months Ended														6 Months Ended
	Feb. 28, 2018	Aug. 31, 2022	May 31, 2022	Feb. 28, 2022	Nov. 30, 2021	Aug. 31, 2021	May 31, 2021	Feb. 28, 2021	Nov. 30, 2020	Aug. 31, 2020	May 31, 2020	Feb. 28, 2019	Nov. 30, 2018	Aug. 31, 2018	May 31, 2018	Aug. 31, 2022	Aug. 31, 2021
Common Stock [Member]
Stockholders' Equity (Details) - Schedule of reconciliation of the changes in each significant caption of stockholders’ equity [Line Items]
Balance		$ 12,032	$ 12,131	$ 11,747	$ 11,189	$ 11,160	$ 11,161	$ 11,170	$ 11,174	$ 11,218	$ 11,218	$ 7,490	$ 7,454	$ 6,282	$ 6,257	$ 12,131	$ 11,161
Balance (in Shares)		12,031,998	12,131,350	11,747,004	11,188,912	11,159,995	11,161,416	11,170,028	11,174,322	11,217,545	11,217,545	7,490,183	7,453,947	6,282,384	6,257,029	12,131,350	11,161,416
Increase (Decrease) from Operations:
Net investment income
Net realized gain (loss) from investments
Income tax (provision) benefit from realized gain on investments
Realized losses on extinguishment of debt
Net change in unrealized appreciation (depreciation) on investments
Net change in provision for deferred taxes on unrealized (appreciation) depreciation on investments
Decrease from Shareholder Distributions:
Distributions of investment income – net
Capital Share Transactions:
Proceeds from issuance of common stock				$ 392	$ 520	$ 6						$ 136	$ 10	$ 1,150
Proceeds from issuance of common stock, shares (in Shares)				392,826	520,076	5,441						136,176	10,373	1,150,000
Stock dividend distribution		$ 49	$ 43	$ 42	$ 38	$ 33	$ 39	$ 41	$ 46	$ 46		$ 31	$ 26	$ 22	$ 25
Stock dividend distribution, shares (in Shares)		48,590	42,825	41,520	38,016	33,099	38,580	41,388	45,706	47,098		30,797	25,863	21,563	25,355
Repurchases of common stock		$ (154)	$ (142)	$ (50)		$ (10)	$ (40)	$ (50)	$ (50)	$ (90)
Repurchases of common stock, shares (in Shares)		(153,350)	(142,177)	(50,000)		(9,623)	(40,000)	(50,000)	(50,000)	(90,321)
Repurchase fees
Offering costs
Tax reclassification of stockholders’ equity in accordance with generally accepted accounting principles
Balance	$ 6,257	$ 11,927	$ 12,032	$ 12,131	$ 11,747	$ 11,189	$ 11,160	$ 11,161	$ 11,170	$ 11,174	$ 11,218	$ 7,657	$ 7,490	$ 7,454	$ 6,282	$ 11,927	$ 11,189
Balance (in Shares)	6,257,029	11,927,238	12,031,998	12,131,350	11,747,004	11,188,912	11,159,995	11,161,416	11,170,028	11,174,322	11,217,545	7,657,156	7,490,183	7,453,947	6,282,384	11,927,238	11,188,912
Capital in Excess of Par Value [Member]
Stockholders' Equity (Details) - Schedule of reconciliation of the changes in each significant caption of stockholders’ equity [Line Items]
Balance		$ 325,433,869	$ 328,062,246	$ 321,559,189	$ 305,520,631	$ 304,784,840	$ 304,874,957	$ 288,590,554	$ 288,699,868	$ 289,476,991	$ 289,476,991	$ 218,172,144	$ 217,354,149	$ 189,480,443	$ 188,975,590	$ 328,062,246	$ 304,874,957
Increase (Decrease) from Operations:
Net investment income
Net realized gain (loss) from investments
Income tax (provision) benefit from realized gain on investments
Realized losses on extinguishment of debt
Net change in unrealized appreciation (depreciation) on investments
Net change in provision for deferred taxes on unrealized (appreciation) depreciation on investments
Decrease from Shareholder Distributions:
Distributions of investment income – net
Capital Share Transactions:
Proceeds from issuance of common stock				11,513,992	15,163,259	157,034						3,158,783	241,228	28,748,850
Stock dividend distribution		1,088,139	1,108,637	1,114,886	1,017,625	828,479	914,063	900,124	805,883	774,944		581,356	578,057	511,523	504,853
Repurchases of common stock		(3,685,951)	(3,734,174)	(1,292,843)		(248,713)	(1,003,380)	(1,143,748)	(914,194)	(1,550,327)
Repurchase fees		(3,071)	(2,840)	(1,000)		(192)	(800)	(1,003)	(1,003)	(1,740)
Offering costs				(127,433)	(142,326)	(817)						(9,755)	(1,290)	(1,386,667)			(817)
Tax reclassification of stockholders’ equity in accordance with generally accepted accounting principles				(4,704,545)				16,529,030				(18,349,728)
Balance	$ 188,975,590	322,832,986	325,433,869	328,062,246	321,559,189	305,520,631	304,784,840	304,874,957	288,590,554	288,699,868	289,476,991	203,552,800	218,172,144	217,354,149	189,480,443	322,832,986	305,520,631
Total Distributable Earnings (Loss) [Member]
Stockholders' Equity (Details) - Schedule of reconciliation of the changes in each significant caption of stockholders’ equity [Line Items]
Balance		19,789,910	27,706,146	21,030,809	18,580,025	15,548,756	(700,348)	11,251,166	9,466,316	(7,857,191)	14,798,644	(44,910,543)	(44,703,576)	(44,641,978)	(45,355,780)	27,706,146	(700,348)
Increase (Decrease) from Operations:
Net investment income		7,698,014	7,976,222	5,796,910	5,196,635	6,393,261	2,555,935	4,288,996	4,471,102	5,334,713	9,018,314	4,091,392	5,138,941	5,144,228	3,927,648
Net realized gain (loss) from investments		7,943,838	162,509	69,664	9,916,925	1,501,597	1,910,141	(8,726,013)	1,798	11,929	8,480	4,729,298	(67,164)	163	212,008
Income tax (provision) benefit from realized gain on investments			69,250	9,612	(2,447,173)	(448,883)			(3,895,354)
Realized losses on extinguishment of debt		(1,204,809)		(118,147)	(764,123)	(1,552,140)		(128,617)
Net change in unrealized appreciation (depreciation) on investments		(13,258,456)	(9,333,449)	2,873,561	(6,042,616)	3,376,540	16,812,577	14,337,460	5,998,830	16,580,401	(31,950,369)	(357,880)	(1,031,113)	(2,154,521)	643,205
Net change in provision for deferred taxes on unrealized (appreciation) depreciation on investments		(230,154)	(361,951)	(226,702)	2,480,465	(1,328,711)	(230,144)	(515,796)	(210,057)	(116,521)	267,740	(607,254)	(371,581)	152,546	(940,546)
Decrease from Shareholder Distributions:
Distributions of investment income – net		(6,369,981)	(6,428,817)	(6,434,106)	(5,889,329)	(4,910,394)	(4,799,405)	(4,678,514)	(4,581,469)	(4,487,015)		(3,980,011)	(3,876,050)	(3,204,014)	(3,128,513)
Capital Share Transactions:
Proceeds from issuance of common stock
Stock dividend distribution
Repurchases of common stock
Repurchase fees
Offering costs
Tax reclassification of stockholders’ equity in accordance with generally accepted accounting principles				4,704,545				(16,529,030)				18,349,728
Balance	(45,290,480)	14,368,362	19,789,910	27,706,146	21,030,809	18,580,025	15,548,756	(700,348)	11,251,166	9,466,316	(7,857,191)	(22,685,270)	(44,910,543)	(44,703,576)	(44,641,978)	14,368,362	18,580,025
Cumulative effect of the adoption of ASC 606 (Note 2)	(65,300)
Net Assets [Member]
Stockholders' Equity (Details) - Schedule of reconciliation of the changes in each significant caption of stockholders’ equity [Line Items]
Balance		345,235,811	355,780,523	342,601,745	324,111,845	320,344,756	304,185,770	299,852,890	298,177,358	281,631,018	304,286,853	173,269,091	172,658,027	144,844,747	143,626,067	355,780,523	304,185,770
Increase (Decrease) from Operations:
Net investment income		7,698,014	7,976,222	5,796,910	5,196,635	6,393,261	2,555,935	4,288,996	4,471,102	5,334,713	9,018,314	4,091,392	5,138,941	5,144,228	3,927,648
Net realized gain (loss) from investments		7,943,838	162,509	69,664	9,916,925	1,501,597	1,910,141	(8,726,013)	1,798	11,929	8,480	4,729,298	(67,164)	163	212,008
Income tax (provision) benefit from realized gain on investments			69,250	9,612	(2,447,173)	(448,883)			(3,895,354)
Realized losses on extinguishment of debt		(1,204,809)		(118,147)	(764,123)	(1,552,140)		(128,617)
Net change in unrealized appreciation (depreciation) on investments		(13,258,456)	(9,333,449)	2,873,561	(6,042,616)	3,376,540	16,812,577	14,337,460	5,998,830	16,580,401	(31,950,369)	(357,880)	(1,031,113)	(2,154,521)	643,205
Net change in provision for deferred taxes on unrealized (appreciation) depreciation on investments		(230,154)	(361,951)	(226,702)	2,480,465	(1,328,711)	(230,144)	(515,796)	(210,057)	(116,521)	267,740	(607,254)	(371,581)	152,546	(940,546)
Decrease from Shareholder Distributions:
Distributions of investment income – net		(6,369,981)	(6,428,817)	(6,434,106)	(5,889,329)	(4,910,394)	(4,799,405)	(4,678,514)	(4,581,469)	(4,487,015)		(3,980,011)	(3,876,050)	(3,204,014)	(3,128,513)
Capital Share Transactions:
Proceeds from issuance of common stock				11,514,383	15,163,779	157,040						3,158,919	241,238	28,750,000
Stock dividend distribution		1,088,188	1,108,680	1,114,929	1,017,663	828,512	914,102	900,165	805,929	774,990		581,387	578,083	511,545	504,878
Repurchases of common stock		(3,686,105)	(3,734,316)	(1,292,893)		(248,723)	(1,003,420)	(1,143,798)	(914,244)	(1,550,417)
Repurchase fees		(9,464)	(2,840)	(1,000)		(192)	(800)	(1,003)	(1,003)	(1,740)
Offering costs				(127,433)	(142,326)	(817)						(9,755)	(1,290)	(1,386,667)			(817)
Tax reclassification of stockholders’ equity in accordance with generally accepted accounting principles
Balance	143,691,367	$ 337,213,275	$ 345,235,811	$ 355,780,523	$ 342,601,745	$ 324,111,845	$ 320,344,756	$ 304,185,770	$ 299,852,890	$ 298,177,358	$ 281,631,018	$ 180,875,187	$ 173,269,091	$ 172,658,027	$ 144,844,747	$ 337,213,275	$ 324,111,845
Cumulative effect of the adoption of ASC 606 (Note 2)	$ (65,300)

Earnings Per Share (Details) -

Earnings Per Share (Details) - Schedule of weighted average basic and diluted net increase (decrease) in net assets - USD ($)	3 Months Ended		6 Months Ended
	Aug. 31, 2022	Aug. 31, 2021	Aug. 31, 2022	Aug. 31, 2021
Schedule Of Weighted Average Basic And Diluted Net Increase Decrease In Net Assets [Abstract]
Net increase (decrease) in net assets resulting from operations	$ 948,433	$ 7,941,661	$ (538,986)	$ 28,990,173
Weighted average common shares outstanding	11,963,276	11,175,436	12,037,855	11,172,787
Weighted average earnings (loss) per common share	$ 0.08	$ 0.71	$ (0.04)	$ 2.59

Dividend (Details)

Dividend (Details) - USD ($) $ / shares in Units, $ in Millions	1 Months Ended	6 Months Ended
	Aug. 29, 2022	Aug. 31, 2022	Aug. 31, 2021
Dividend (Details) [Line Items]
Dividend per share		$ 1.07	$ 0.87
Dividend consisted in cash		$ 5.3
Common stock dividend rate percentage		0.40%
Stock based share price		$ 22
Percentage of weighted average trading price		95%
Common Stock [Member]
Dividend (Details) [Line Items]
Stock issued for dividend		52,313
Dividend Declared [Member]
Dividend (Details) [Line Items]
Dividend per share	$ 0.54
Dividends payable, date to be paid	Sep. 29, 2022
Dividends payable, date of record	Sep. 14, 2022

Dividend (Details) - Schedule o

Dividend (Details) - Schedule of dividends declared - USD ($) $ / shares in Units, $ in Thousands		6 Months Ended
		Aug. 31, 2022	Aug. 31, 2021
Dividend (Details) - Schedule of dividends declared [Line Items]
Amount Per Share		$ 1.07	$ 0.87
Total Amount	[1]	$ 6,370	$ 9,709
August 29, 2022 [Member]
Dividend (Details) - Schedule of dividends declared [Line Items]
Record Date		Sep. 14, 2022
Payment Date		Sep. 29, 2022
Amount Per Share		$ 0.54
Total Amount	[1]	$ 6,433
May 26, 2022 [Member]
Dividend (Details) - Schedule of dividends declared [Line Items]
Record Date		Jun. 14, 2022
Payment Date		Jun. 29, 2022
Amount Per Share		$ 0.53
Total Amount	[1]	$ 6,370
May 27, 2021 [Member]
Dividend (Details) - Schedule of dividends declared [Line Items]
Record Date			Jun. 15, 2021
Payment Date			May 29, 2021
Amount Per Share			$ 0.44
Total Amount	[1]		$ 4,910
March 22, 2021 [Member]
Dividend (Details) - Schedule of dividends declared [Line Items]
Record Date			Apr. 08, 2021
Payment Date			Apr. 22, 2021
Amount Per Share			$ 0.43
Total Amount	[1]		$ 4,799
[1]Total amount is calculated based on the number of shares outstanding at the date of record.

Financial Highlights (Details)

Financial Highlights (Details) - USD ($)		1 Months Ended		6 Months Ended
	Jul. 14, 2022	Aug. 31, 2021	May 29, 2015	Aug. 31, 2022
Investment Company, Financial Highlights [Abstract]
Indebtedness amount				$ 1,000
Revolving credit facility, description				The Revolving Credit Facility, SBA Debentures, 7.75% Notes Payable 2025, 4.375% Notes Payable and 6.25% Notes Payable are not registered for public trading.
Debt instrument redemption, description	On July 14, 2022, the Company redeemed $43.1 million in aggregate principal amount of the $43.1 million in aggregate principal amount of issued and outstanding 7.25% 2025 Notes and are no longer listed on the NYSE.	On August 31, 2021, the Company redeemed $60.0 million in aggregate principal amount of the issued and outstanding 6.25% 2025 Notes and, as a result of the full redemption, the 6.25% 2025 Notes are no longer listed on the NYSE.	On May 29, 2015, the Company entered into a Debt Distribution Agreement with Ladenburg Thalmann & Co. Inc. through which the Company may offer for sale, from time to time, up to $20.0 million in aggregate principal amount of the 2020 Notes through an At-the-Market (“ATM”) offering. Prior to the 2020 Notes being redeemed in full, the Company had sold 539,725 2022 Notes with a principal of $13.5 million at an average price of $25.31 for aggregate net proceeds of $13.4 million (net of transaction costs).

Financial Highlights (Details)

Financial Highlights (Details) - Schedule of financial highlights - USD ($)		6 Months Ended
		Aug. 31, 2022	Aug. 31, 2021
Investment Company, Financial Highlights [Line Items]
Net asset value at beginning of period		$ 29.33	$ 27.25
Net investment income	[1]	1.3	0.8
Net realized and unrealized gain and losses on investments	[1]	(1.25)	1.93
Realized losses on extinguishment of debt		(0.1)	(0.14)
Net increase in net assets resulting from operations		(0.05)	2.59
Distributions declared from net investment income		(1.06)	(0.87)
Total distributions to stockholders		(1.06)	(0.87)
Issuance of common stock above net asset value	[2]
Repurchases of common stock	[3]	0.1	0.01
Dilution	[4]	(0.05)	(0.01)
Net asset value at end of period		$ 28.27	$ 28.97
Net assets at end of period (in Dollars)		$ 337,213,275	$ 324,111,845
Shares outstanding at end of period (in Shares)		11,927,238	11,188,912
Per share market value at end of period		$ 24.28	$ 28.7
Total return based on market value	[5],[6]	(7.67%)	28.72%
Total return based on net asset value	[5],[7]	0.69%	10.02%
Ratio/Supplemental data:
Ratio of net investment income to average net assets	[8]	8.61%	7.88%
Ratios of Operating Expenses and Income Taxes to average net assets	[9],[10]	6.68%	5.83%
Ratio of incentive management fees to average net assets	[5]	(0.38%)	2.30%
Ratio of interest and debt financing expenses to average net assets	[9]	8.47%	5.97%
Ratio of total expenses to average net assets	[8],[10]	14.77%	14.10%
Portfolio turnover rate	[5],[11]	11.83%	23.67%
Asset coverage ratio per unit (in Dollars)	[12]	$ 1,842	$ 2,361
Average market value per unit
Revolving Credit Facility	[13]
SBA Debentures Payable	[13]
6.25% Notes Payable 2025 [Member]
Average market value per unit
Average market value per unit	[14]		25.44
7.25% Notes Payable 2025 [Member]
Average market value per unit
Average market value per unit	[15]		26.45
7.75% Notes Payable 2025 [Member]
Average market value per unit
Average market value per unit	[13]
4.375% Notes Payable [Member]
Average market value per unit
Average market value per unit	[13]
6.25% Notes Payable 2027 [Member]
Average market value per unit
Average market value per unit	[13]
6.00% Notes Payable 2027 [Member]
Average market value per unit
Average market value per unit		$ 24.53
[1] Per share amounts are calculated using the weighted average shares outstanding during the period. The continuous issuance of common stock may cause an incremental increase in net asset value per share due to the sale of shares at the then prevailing public offering price and the receipt of net proceeds per share by the Company in excess of net asset value per share on each subscription closing date. The per share data was derived by computing (i) the sum of (A) the number of shares issued in connection with subscriptions and/or distribution reinvestment on each share transaction date multiplied by (B) the differences between the net proceeds per share and the net asset value per share on each share transaction date, divided by (ii) the total shares outstanding during the period. Represents the anti-dilutive impact on the net asset value per share (“NAV”) of the Company due to the repurchase of common shares. See Note 11, Stockholders’ Equity. Represents the dilutive effect of issuing common stock below net asset value per share during the period in connection with the satisfaction of the Company’s annual RIC distribution requirement and may include the impact of the different share amounts used for different items (weighted average basic common shares outstanding for the corresponding year and actual common shares outstanding at the end of the year) in the per common share data calculation and rounding impacts. See Note 13, Dividend. Ratios are not annualized. Total investment return is calculated assuming a purchase of common shares at the current market value on the first day and a sale at the current market value on the last day of the periods reported. Dividends and distributions, if any, are assumed for purposes of this calculation to be reinvested at prices obtained under the Company’s DRIP. Total investment return does not reflect brokerage commissions. Total investment return is calculated assuming a purchase of common shares at the current net asset value on the first day and a sale at the current net asset value on the last day of the periods reported. Dividends and distributions, if any, are assumed for purposes of this calculation to be reinvested at prices obtained under the Company’s DRIP. Total investment return does not reflect brokerage commissions. Ratios are annualized. Portfolio turnover rate is calculated using the lesser of year-to-date sales or year-to-date purchases over the average of the invested assets at fair value. Asset coverage ratio per unit is the ratio of the carrying value of our total consolidated assets, less all liabilities and indebtedness not represented by senior securities, to the aggregate amount of senior securities representing indebtedness. Asset coverage ratio per unit is expressed in terms of dollar amounts per $1,000 of indebtedness. Asset coverage ratio per unit does not include unfunded commitments. The inclusion of unfunded commitments in the calculation of the asset coverage ratio per unit would not cause us to be below the required amount of regulatory coverage. The Revolving Credit Facility, SBA Debentures, 7.75% Notes Payable 2025, 4.375% Notes Payable and 6.25% Notes Payable are not registered for public trading. On August 31, 2021, the Company redeemed $60.0 million in aggregate principal amount of the issued and outstanding 6.25% 2025 Notes and, as a result of the full redemption, the 6.25% 2025 Notes are no longer listed on the NYSE. On July 14, 2022, the Company redeemed $43.1 million in aggregate principal amount of the $43.1 million in aggregate principal amount of issued and outstanding 7.25% 2025 Notes and are no longer listed on the NYSE.

Subsequent Events (Details)

Subsequent Events (Details) - USD ($) $ in Millions		6 Months Ended
	Sep. 30, 2022	Aug. 31, 2022	Sep. 08, 2022	Jan. 28, 2021	Jul. 09, 2020
Subsequent Events (Details) [Line Items]
Amount of unsecured notes		$ 27
Subsequent Event [Member]
Subsequent Events (Details) [Line Items]
Current SBIC regulations	Under current SBIC regulations, for two or more SBICs under common control, the maximum amount of outstanding SBA debentures cannot exceed $350.0 million with at least $175.0 million in combined regulatory capital.
SBA-Guaranteed Debentures [Member] | Subsequent Event [Member]
Subsequent Events (Details) [Line Items]
Additional long-term capital	$ 175
7.75% Notes 2025 [Member] | Notes Purchase Agreement [Member]
Subsequent Events (Details) [Line Items]
Aggregate principal amount					$ 5
Aggregate maximum amount					$ 50
6.25% Notes 2027 [Member] | First Supplemental Agreement [Member] | Private Placement [Member]
Subsequent Events (Details) [Line Items]
Aggregate principal amount				$ 10
7.00% Notes 2025 [Member] | Second Supplemental Agreement [Member] | Subsequent Event [Member]
Subsequent Events (Details) [Line Items]
Aggregate principal amount			$ 12
Aggregate maximum amount			$ 8