Saratoga Investment (SAR) 10-Q 10 Jan 23 2023 Q3 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	9 Months Ended
	Nov. 30, 2022	Jan. 09, 2023
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		11,890,500
Amendment Flag	false
Entity Central Index Key	0001377936
Entity Current Reporting Status	Yes
Entity Filer Category	Non-accelerated Filer
Document Period End Date	Nov. 30, 2022
Document Fiscal Year Focus	2023
Document Fiscal Period Focus	Q3
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	Yes
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 - USD ($)	Nov. 30, 2022	Feb. 28, 2022
Investments at fair value
Non-control/Non-affiliate investments (amortized cost of $776,943,715 and $654,965,044, respectively)	$ 777,907,062	$ 668,358,516
Affiliate investments (amortized cost of $90,180,944 and $46,224,927, respectively)	96,051,664	48,234,124
Control investments (amortized cost of $119,358,478 and $95,058,356, respectively)	108,075,326	100,974,715
Total investments at fair value (amortized cost of $986,483,137 and $796,248,327, respectively)	982,034,052	817,567,355
Cash and cash equivalents	5,672,012	47,257,801
Cash and cash equivalents, reserve accounts	41,375,630	5,612,541
Interest receivable (net of reserve of $1,626,140 and $0, respectively)	8,815,596	5,093,561
Due from affiliate (See Note 7)		90,968
Management fee receivable	363,815	362,549
Other assets	236,861	254,980
Current tax receivable	467,632
Total assets	1,038,965,598	876,239,755
LIABILITIES
Revolving credit facility	25,000,000	12,500,000
Base management and incentive fees payable	9,556,891	12,947,025
Deferred tax liability	2,139,661	1,249,015
Accounts payable and accrued expenses	1,266,008	799,058
Current income tax payable	26,836	2,820,036
Interest and debt fees payable	4,946,725	2,801,621
Directors fees payable	95,932	70,000
Due to manager	6,186	263,814
Excise tax payable		630,183
Total liabilities	703,201,998	520,459,232
Commitments and contingencies (See Note 9)
NET ASSETS
Common stock, par value $0.001, 100,000,000 common shares authorized, 11,885,479 and 12,131,350 common shares issued and outstanding, respectively	11,885	12,131
Capital in excess of par value	321,802,386	328,062,246
Total distributable earnings (deficit)	13,949,329	27,706,146
Total net assets	335,763,600	355,780,523
Total liabilities and net assets	$ 1,038,965,598	$ 876,239,755
NET ASSET VALUE PER SHARE (in Dollars per share)	$ 28.25	$ 29.33
Revolving credit facility
LIABILITIES
Deferred debt financing costs	$ (846,319)	$ (1,191,115)
SBA debentures payable
LIABILITIES
Deferred debt financing costs	(5,560,015)	(4,344,983)
Notes payable	242,660,000	185,000,000
7.00% Notes Payable 2025
LIABILITIES
Deferred debt financing costs	(44,030)
Notes payable	12,000,000
Discount on notes payable	(334,890)
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	(143,052)	(184,375)
Notes payable	5,000,000	5,000,000
4.375% Notes Payable 2026
LIABILITIES
Deferred debt financing costs	(2,760,666)	(3,395,435)
Notes payable	175,000,000	175,000,000
NET ASSETS
Premium on 4.375% notes payable 2026	904,529	1,086,013
4.35% Notes Payable 2027
LIABILITIES
Deferred debt financing costs	(1,463,434)	(1,722,908)
Notes payable	75,000,000	75,000,000
Discount on notes payable	(425,218)	(499,263)
6.25% Notes Payable 2027
LIABILITIES
Deferred debt financing costs	(362,531)	(416,253)
Notes payable	15,000,000	15,000,000
6.00% Notes Payable 2027
LIABILITIES
Deferred debt financing costs	(3,099,317)
Notes payable	105,500,000
Discount on notes payable	(167,325)
8.00% Notes Payable 2027
LIABILITIES
Deferred debt financing costs	(1,693,973)
Notes payable	$ 46,000,000

Consolidated Statements of As_2

Consolidated Statements of Assets and Liabilities (Parentheticals) - USD ($)	9 Months Ended
	Nov. 30, 2022	Feb. 28, 2022
Amortized cost of investments (in Dollars)	$ 776,943,715	$ 654,965,044
Amortized cost of affiliate investments (in Dollars)	90,180,944	46,224,927
Amortized cost of control investments (in Dollars)	119,358,478	95,058,356
Amortized cost of investment at fair value (in Dollars)	986,483,137	796,248,327
Net reserve of interest receivable (in Dollars)	$ 1,626,140	$ 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)	11,885,479	12,131,350
Common stock, shares outstanding (in Shares)	11,885,479	12,131,350
7.00% Notes Payable 2025
Notes payable discount, percentage	7%
Debt financing costs, percentage	7%
7.25% Notes Payable 2025
Notes payable discount, percentage	7.25%
Debt financing costs, percentage	7.25%
7.75% Notes Payable 2025
Notes payable discount, percentage	7.75%
Debt financing costs, percentage	7.75%
4.375% Notes Payable 2026
Notes payable discount, percentage	4.375%
Debt financing costs, percentage	4.375%
Notes payable premium, percentage	4.375%
4.35% Notes Payable 2027
Notes payable discount, percentage	4.35%
Debt financing costs, percentage	4.35%
6.25% Notes Payable 2027
Notes payable discount, percentage	6.25%
Debt financing costs, percentage	6.25%
6.00% Notes Payable 2027
Notes payable discount, percentage	6%
Debt financing costs, percentage	6%
8.00% Notes Payable 2027
Notes payable discount, percentage	8%
Debt financing costs, percentage	8%

Consolidated Statements of Oper

Consolidated Statements of Operations (Unaudited) - USD ($)	3 Months Ended		9 Months Ended
	Nov. 30, 2022	Nov. 30, 2021	Nov. 30, 2022	Nov. 30, 2021
Interest income:
Non-control/Non-affiliate investments	$ 19,549,044	$ 11,152,851	$ 49,597,660	$ 33,687,612
Affiliate investments	1,914,800	1,055,947	4,287,449	2,332,967
Control investments	1,671,354	1,702,096	4,731,150	5,616,182
Payment-in-kind interest income:
Non-control/Non-affiliate investments	87,130	115,724	258,557	1,002,819
Affiliate investments	191,860		221,027
Control investments	102,720	110,737	260,161	298,383
Total interest from investments	23,516,908	14,137,355	59,356,004	42,937,963
Interest from cash and cash equivalents	200,258	968	235,410	2,561
Management fee income	818,254	815,739	2,451,242	2,448,593
Dividend Income	436,941	537,621	949,758	1,595,119
Structuring and advisory fee income	553,497	582,500	2,813,311	2,922,625
Other income	731,166	427,921	983,277	1,852,916
Total investment income	26,257,024	16,502,104	66,789,002	51,759,777
OPERATING EXPENSES
Interest and debt financing expenses	8,449,900	4,842,900	23,243,438	14,367,996
Base management fees	4,258,821	2,923,676	12,164,989	8,684,681
Incentive management fees expense (benefit)	1,531,060	2,417,628	216,915	9,698,327
Professional fees	558,531	(104,438)	1,344,021	863,376
Administrator expenses	818,750	750,000	2,341,667	2,156,250
Insurance	89,187	85,399	266,723	258,035
Directors fees and expenses	80,000	73,096	300,000	265,596
General and administrative	525,202	357,727	1,492,063	1,301,603
Income tax expense (benefit)	68,136	(40,519)	(132,487)	18,082
Total operating expenses	16,379,587	11,305,469	41,237,329	37,613,946
NET INVESTMENT INCOME	9,877,437	5,196,635	25,551,673	14,145,831
Net realized gain (loss) from investments:
Non-control/Non-affiliate investments	(740,434)	2,588,468	7,365,913	6,140,073
Affiliate investments		7,328,457		7,328,457
Control investments				(139,867)
Net realized gain (loss) from investments	(740,434)	9,916,925	7,365,913	13,328,663
Income tax (provision) benefit from realized gain on investments	479,318	(2,447,173)	548,568	(2,896,056)
Net change in unrealized appreciation (depreciation) on investments:
Non-control/Non-affiliate investments	2,082,634	3,887,216	(12,430,125)	11,593,037
Affiliate investments	693,483	(7,412,673)	3,861,523	(1,668,686)
Control investments	(5,952,325)	(2,517,159)	(17,199,511)	4,222,150
Net change in unrealized appreciation (depreciation) on investments	(3,176,208)	(6,042,616)	(25,768,113)	14,146,501
Net change in provision for deferred taxes on unrealized (appreciation) depreciation on investments	(425,848)	2,480,465	(1,017,953)	921,610
Net realized and unrealized gain (loss) on investments	(3,863,172)	3,907,601	(18,871,585)	25,500,718
Realized losses on extinguishment of debt		(764,123)	(1,204,809)	(2,316,263)
NET INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS	$ 6,014,265	$ 8,340,113	$ 5,475,279	$ 37,330,286
WEIGHTED AVERAGE - BASIC AND DILUTED EARNINGS (LOSS) PER COMMON SHARE (in Dollars per share)	$ 0.51	$ 0.73	$ 0.46	$ 3.3
WEIGHTED AVERAGE COMMON SHARES OUTSTANDING - BASIC AND DILUTED (in Shares)	11,893,173	11,450,861	11,989,811	11,312,991

Consolidated Statements of Op_2

Consolidated Statements of Operations (Unaudited) (Parentheticals) - $ / shares	3 Months Ended		9 Months Ended
	Nov. 30, 2022	Nov. 30, 2021	Nov. 30, 2022	Nov. 30, 2021
Income Statement [Abstract]
WEIGHTED AVERAGE - BASIC AND DILUTED EARNINGS (LOSS) PER COMMON SHARE (in Dollars per share)	$ 0.51	$ 0.73	$ 0.46	$ 3.30
WEIGHTED AVERAGE COMMON SHARES OUTSTANDING - BASIC AND DILUTED (in Shares)	11,893,173	11,450,861	11,989,811	11,312,991

Consolidated Statements of Chan

Consolidated Statements of Changes in Net Assets (Unaudited) - USD ($)	9 Months Ended
	Nov. 30, 2022	Nov. 30, 2021
INCREASE (DECREASE) FROM OPERATIONS:
Net investment income	$ 25,551,673	$ 14,145,831
Net realized gain from investments	7,365,913	13,328,663
Realized losses on extinguishment of debt	(1,204,809)	(2,316,263)
Income tax (provision) benefit from realized gain on investments	548,568	(2,896,056)
Net change in unrealized appreciation (depreciation) on investments	(25,768,113)	14,146,501
Net change in provision for deferred taxes on unrealized (appreciation) depreciation on investments	(1,017,953)	921,610
Net increase (decrease) in net assets resulting from operations	5,475,279	37,330,286
DECREASE FROM SHAREHOLDER DISTRIBUTIONS:
Total distributions to shareholders	(19,232,096)	(15,599,129)
Net decrease in net assets from shareholder distributions	(19,232,096)	(15,599,129)
CAPITAL SHARE TRANSACTIONS:
Proceeds from issuance of common stock		15,320,818
Stock dividend distribution	3,347,802	2,760,278
Repurchases of common stock	(9,600,116)	(1,252,143)
Repurchase fees	(7,792)	(992)
Offering costs		(143,143)
Net increase (decrease) in net assets from capital share transactions	(6,260,106)	16,684,818
Total increase (decrease) in net assets	(20,016,923)	38,415,975
Net assets at beginning of period	355,780,523	304,185,770
Net assets at end of period	$ 335,763,600	$ 342,601,745

Consolidated Statements of Cash

Consolidated Statements of Cash Flows (Unaudited) - USD ($)	9 Months Ended
	Nov. 30, 2022	Nov. 30, 2021
Statement of Cash Flows [Abstract]
NET INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS	$ 5,475,279	$ 37,330,286
FROM OPERATIONS TO NET CASH PROVIDED BY (USED IN) OPERATING ACTIVITIES:
Payment-in-kind and other adjustments to cost	1,374,899	(1,120,081)
Net accretion of discount on investments	(1,245,358)	(1,368,430)
Amortization of deferred debt financing costs	2,567,903	1,544,478
Realized losses on extinguishment of debt	1,204,809	2,316,263
Income tax expense (benefit)	(681,055)	18,082
Net realized (gain) loss from investments	(7,365,913)	(13,328,663)
Net change in unrealized (appreciation) depreciation on investments	25,768,113	(14,146,501)
Net change in provision for deferred taxes on unrealized appreciation (depreciation) on investments	1,017,953	(921,610)
Proceeds from sales and repayments of investments	162,090,516	216,236,729
Purchases of investments	(345,088,953)	(293,753,351)
(Increase) decrease in operating assets:
Interest receivable	(3,722,035)	(343,168)
Due from affiliate	90,968	2,719,000
Management and incentive fee receivable	(1,266)	(330,071)
Other assets	18,119	(54,299)
Deferred tax asset	(467,632)
Increase (decrease) in operating liabilities:
Base management and incentive fees payable	(3,390,134)	5,524,592
Accounts payable and accrued expenses	466,950	210,809
Tax receivable
Current tax payable	(2,793,200)	2,833,988
Interest and debt fees payable	2,145,104	450,550
Directors fees payable	25,932	(70,500)
Excise tax payable	(630,183)	(691,672)
Due to manager	(257,628)	10,887
NET CASH PROVIDED BY (USED IN) OPERATING ACTIVITIES	(162,929,180)	(56,932,682)
Financing activities
Borrowings on debt	105,500,000	135,000,000
Paydowns on debt	(35,340,000)	(73,500,000)
Issuance of notes	163,500,000	175,000,000
Repayments of notes	(43,125,000)	(60,000,000)
Payments of deferred debt financing costs	(7,400,318)	(7,768,038)
Discount on debt issuance, 6.000% notes 2027	(176,000)
Discount on debt issuance, 7.000% notes 2025	(360,000)
Premium on debt issuance, 4.375% notes 2026		1,250,000
Proceeds from issuance of common stock		15,320,818
Payments of cash dividends	(15,884,294)	(12,838,851)
Repurchases of common stock	(9,600,116)	(1,252,143)
Repurchases fees	(7,792)	(992)
Payments of offering costs		(124,714)
NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES	157,106,480	171,086,080
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS AND CASH AND CASH EQUIVALENTS, RESERVE ACCOUNTS	(5,822,700)	114,153,398
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	47,047,642	144,068,472
Supplemental information:
Interest paid during the period	18,374,593	12,372,967
Cash paid for taxes	2,770,984	727,469
Supplemental non-cash information:
Payment-in-kind interest income and other adjustments to cost	1,374,899	1,120,081
Net accretion of discount on investments	1,245,358	1,368,430
Amortization of deferred debt financing costs	2,567,903	1,544,478
Stock dividend distribution	$ 3,347,802	$ 2,760,278

Consolidated Statements of Ca_2

Consolidated Statements of Cash Flows (Unaudited) (Parentheticals)	9 Months Ended
	Nov. 30, 2022	Nov. 30, 2021
Notes 2027
Discount on debt issuance percentage	6%	6%
Notes 2025
Discount on debt issuance percentage	7%	7%
Notes 2026
Premium on debt issuance percentage	4.375%	4.375%

Consolidated Schedule of Invest

Consolidated Schedule of Investments (Unaudited) - Saratoga CLO [Member] - USD ($)		9 Months Ended		12 Months Ended
		Nov. 30, 2022		Feb. 28, 2022
Total Alternative Investment Management Software [Member]
Non-control/Non-affiliate investments - 231.7% (b)
Cost	[1],[2]	$ 9,924,459
Fair Value	[1],[2],[3]	$ 9,920,000
% of Net Assets	[1],[2]	3%
Total Alternative Investment Management Software [Member] | Altvia MidCo, LLC [Member]
Non-control/Non-affiliate investments - 231.7% (b)
Cost	[1],[2]	$ 7,924,459
Principal/ Number of Shares	[1],[2]	$ 8,000,000
Original Acquisition Date	[1],[2]	Jul. 18, 2022
Fair Value	[1],[2],[3]	$ 7,920,000
% of Net Assets	[1],[2]	2.40%
Total Alternative Investment Management Software [Member] | Altvia MidCo, LLC. One [Member]
Non-control/Non-affiliate investments - 231.7% (b)
Cost	[1],[2],[4]	$ 2,000,000
Principal/ Number of Shares	[1],[2],[4]	$ 2,000,000
Original Acquisition Date	[1],[2],[4]	Jul. 18, 2022
Fair Value	[1],[2],[3],[4]	$ 2,000,000
% of Net Assets	[1],[2],[4]	0.60%
Total Corporate Education Software [Member]
Non-control/Non-affiliate investments - 231.7% (b)
Cost	[1],[2]	$ 475,698		$ 475,698
Fair Value	[1],[2],[3]	$ 3,723,862		$ 3,305,839
% of Net Assets	[1],[2]	1.10%		0.90%
Total Corporate Education Software [Member] | Schoox Inc. [Member]
Non-control/Non-affiliate investments - 231.7% (b)
Cost	[1],[2],[4],[5]	$ 475,698		$ 475,698
Principal/ Number of Shares	[1],[2],[4],[5]	$ 1,050		$ 1,050
Original Acquisition Date	[1],[2],[4],[5]	Dec. 08, 2020		Dec. 08, 2020
Fair Value	[1],[2],[3],[4],[5]	$ 3,723,862		$ 3,305,839
% of Net Assets	[1],[2],[4],[5]	1.10%		0.90%
Total Cyber Security [Member]
Non-control/Non-affiliate investments - 231.7% (b)
Cost	[1],[2]	$ 1,906,275		$ 1,635,704
Fair Value	[1],[2],[3]	$ 2,484,154		$ 1,635,704
% of Net Assets	[1],[2]	0.70%		0.50%
Total Cyber Security [Member] | GreyHeller LLC [Member]
Non-control/Non-affiliate investments - 231.7% (b)
Cost	[1],[2],[4]	$ 1,906,275		$ 1,635,704
Principal/ Number of Shares	[1],[2],[4]	$ 7,857,689		$ 6,742,392
Original Acquisition Date	[1],[2],[4]	Nov. 10, 2021		Nov. 10, 2021
Fair Value	[1],[2],[3],[4]	$ 2,484,154		$ 1,635,704
% of Net Assets	[1],[2],[4]	0.70%		0.50%
Total Dental Practice Management [Member]
Non-control/Non-affiliate investments - 231.7% (b)
Cost	[1],[2]	$ 11,136,625		$ 8,635,311
Fair Value	[1],[2],[3]	$ 11,191,554		$ 8,402,606
% of Net Assets	[1],[2]	3.30%		2.40%
Total Dental Practice Management [Member] | New England Dental Partners [Member]
Non-control/Non-affiliate investments - 231.7% (b)
Cost	[1],[2]	$ 6,511,617		$ 6,502,672
Principal/ Number of Shares	[1],[2]	$ 6,555,000		$ 6,555,000
Original Acquisition Date	[1],[2]	Nov. 25, 2020		Nov. 25, 2020
Fair Value	[1],[2],[3]	$ 6,547,134		$ 6,404,891
% of Net Assets	[1],[2]	1.90%		1.80%
Total Dental Practice Management [Member] | New England Dental Partners One [Member]
Non-control/Non-affiliate investments - 231.7% (b)
Cost	[2],[6]			$ 2,132,639
Principal/ Number of Shares	[2],[6]			$ 2,150,000
Original Acquisition Date	[2],[6]			Nov. 25, 2020
Fair Value	[2],[6]			$ 1,997,715
% of Net Assets	[1],[2],[6]			0.60%
Total Dental Practice Management One [Member] | New England Dental Partners One [Member]
Non-control/Non-affiliate investments - 231.7% (b)
Cost	[1],[2]	$ 4,625,008
Principal/ Number of Shares	[1],[2]	$ 4,650,000
Original Acquisition Date	[1],[2]	Nov. 25, 2020
Fair Value	[1],[2],[3]	$ 4,644,420
% of Net Assets	[1],[2]	1.40%
Total Direct Selling Software [Member]
Non-control/Non-affiliate investments - 231.7% (b)
Cost	[1],[2]	$ 25,932,800
Fair Value	[1],[2],[3]	$ 25,712,052
% of Net Assets	[1],[2]	7.70%
Total Direct Selling Software [Member] | Exigo, LLC [Member]
Non-control/Non-affiliate investments - 231.7% (b)
Cost	[1],[2],[7]	$ 24,682,800
Principal/ Number of Shares	[1],[2],[7]	$ 24,875,000
Original Acquisition Date	[1],[2],[7]	Mar. 16, 2022
Fair Value	[1],[2],[3],[7]	$ 24,484,463
% of Net Assets	[1],[2],[7]	7.30%
Total Direct Selling Software One [Member] | Exigo, LLC One [Member]
Non-control/Non-affiliate investments - 231.7% (b)
Cost	[1],[2],[6]
Principal/ Number of Shares	[1],[2],[6]
Original Acquisition Date	[1],[2],[6]	Mar. 16, 2022
Fair Value	[1],[2],[3],[6]	$ (65,417)
% of Net Assets	[1],[2],[6]	0%
Total Direct Selling Software Two [Member] | Exigo, LLC Two [Member]
Non-control/Non-affiliate investments - 231.7% (b)
Cost	[1],[2],[6]	$ 208,333
Principal/ Number of Shares	[1],[2],[6]	$ 208,333
Original Acquisition Date	[1],[2],[6]	Mar. 16, 2022
Fair Value	[1],[2],[3],[6]	$ 191,979
% of Net Assets	[1],[2],[6]	0.10%
Total Direct Selling Software Three [Member] | Exigo, LLC Three [Member]
Non-control/Non-affiliate investments - 231.7% (b)
Cost	[1],[2],[4],[5]	$ 1,041,667
Principal/ Number of Shares	[1],[2],[4],[5]	$ 1,041,667
Original Acquisition Date	[1],[2],[4],[5]	Mar. 16, 2022
Fair Value	[1],[2],[3],[4],[5]	$ 1,101,027
% of Net Assets	[1],[2],[4],[5]	0.30%
Total Education Services [Member]
Non-control/Non-affiliate investments - 231.7% (b)
Cost	[1],[2]	$ 35,633,496		$ 35,608,370
Fair Value	[1],[2],[3]	$ 34,504,665		$ 35,309,414
% of Net Assets	[1],[2]	10.20%		9.90%
Total Education Services [Member] | C2 Educational Systems [Member]
Non-control/Non-affiliate investments - 231.7% (b)
Cost	[1],[2]	$ 18,492,604	[7]	$ 18,484,747
Principal/ Number of Shares	[1],[2]	$ 18,500,000	[7]	$ 18,500,000
Original Acquisition Date	[1],[2]	May 31, 2017	[7]	May 31, 2017
Fair Value	[1],[2],[3]	$ 18,524,050	[7]	$ 18,220,650
% of Net Assets	[1],[2]	5.50%	[7]	5.10%
Total Education Services [Member] | C2 Education Systems, Inc. [Member]
Non-control/Non-affiliate investments - 231.7% (b)
Cost	[1],[2],[4]			$ 499,904
Principal/ Number of Shares	[1],[2],[4]			$ 3,127
Original Acquisition Date	[1],[2],[4]			May 18, 2021
Fair Value	[1],[2],[3],[4]			$ 599,296
% of Net Assets	[1],[2],[4]			0.20%
Total Education Services [Member] | Zollege PBC [Member]
Non-control/Non-affiliate investments - 231.7% (b)
Cost	[1],[2]			$ 15,877,908
Principal/ Number of Shares	[1],[2]			$ 16,000,000
Original Acquisition Date	[1],[2]			May 11, 2021
Fair Value	[1],[2],[3]			$ 15,794,300
% of Net Assets	[1],[2]			4.40%
Total Education Services [Member] | Zollege PBC One [Member]
Non-control/Non-affiliate investments - 231.7% (b)
Cost	[1],[2],[6]			$ 495,811
Principal/ Number of Shares	[1],[2],[6]			$ 500,000
Original Acquisition Date	[1],[2],[6]			May 11, 2021
Fair Value	[1],[2],[3],[6]			$ 493,950
% of Net Assets	[1],[2],[6]			0.10%
Total Education Services [Member] | Zollege PBC Two [Member]
Non-control/Non-affiliate investments - 231.7% (b)
Cost	[1],[2]			$ 250,000
Principal/ Number of Shares	[1],[2]			$ 250,000
Original Acquisition Date	[1],[2]			May 11, 2021
Fair Value	[1],[2],[3]			$ 201,218
% of Net Assets	[1],[2]			0.10%
Total Education Services [Member] | Destiny Solutions Inc. [Member]
Non-control/Non-affiliate investments - 231.7% (b)
Cost	[1],[2],[4],[5]			$ 3,969,291
Principal/ Number of Shares	[1],[2],[4],[5]			$ 3,065
Original Acquisition Date	[1],[2],[4],[5]			May 16, 2018
Fair Value	[1],[2],[3],[4],[5]			$ 7,632,061
% of Net Assets	[1],[2],[4],[5]			2.10%
Total Education Services [Member] | Identity Automation Systems [Member]
Non-control/Non-affiliate investments - 231.7% (b)
Cost	[1],[2],[7]			$ 16,941,250
Principal/ Number of Shares	[1],[2],[7]			$ 16,941,250
Original Acquisition Date	[1],[2],[7]			Aug. 25, 2014
Fair Value	[1],[2],[3],[7]			$ 16,941,250
% of Net Assets	[1],[2],[7]			4.80%
Total Education Services [Member] | Identity Automation Systems One [Member]
Non-control/Non-affiliate investments - 231.7% (b)
Cost	[1],[2],[4]			$ 232,616
Principal/ Number of Shares	[1],[2],[4]			$ 232,616
Original Acquisition Date	[1],[2],[4]			Aug. 25, 2014
Fair Value	[1],[2],[3],[4]			$ 801,923
% of Net Assets	[1],[2],[4]			0.20%
Total Education Services [Member] | Identity Automation Systems Two [Member]
Non-control/Non-affiliate investments - 231.7% (b)
Cost	[1],[2],[4]			$ 171,571
Principal/ Number of Shares	[1],[2],[4]			$ 43,715
Original Acquisition Date	[1],[2],[4]			Mar. 06, 2020
Fair Value	[1],[2],[3],[4]			$ 200,820
% of Net Assets	[1],[2],[4]			0.10%
Total Education Services One [Member] | C2 Education Systems, Inc. [Member]
Non-control/Non-affiliate investments - 231.7% (b)
Cost	[1],[2],[4]	$ 499,904
Principal/ Number of Shares	[1],[2],[4]	$ 3,127
Original Acquisition Date	[1],[2],[4]	May 18, 2021
Fair Value	[1],[2],[3],[4]	$ 603,868
% of Net Assets	[1],[2],[4]	0.20%
Total Education Services Two [Member] | Zollege PBC [Member]
Non-control/Non-affiliate investments - 231.7% (b)
Cost	[1],[2]	$ 15,894,425
Principal/ Number of Shares	[1],[2]	$ 16,000,000
Original Acquisition Date	[1],[2]	May 11, 2021
Fair Value	[1],[2],[3]	$ 14,827,200
% of Net Assets	[1],[2]	4.40%
Total Education Services Three [Member] | Zollege PBC One [Member]
Non-control/Non-affiliate investments - 231.7% (b)
Cost	[1],[2],[6]	$ 496,563
Principal/ Number of Shares	[1],[2],[6]	$ 500,000
Original Acquisition Date	[1],[2],[6]	May 11, 2021
Fair Value	[1],[2],[3],[6]	$ 390,050
% of Net Assets	[1],[2],[6]	0.10%
Total Education Services Four [Member] | Zollege PBC Two [Member]
Non-control/Non-affiliate investments - 231.7% (b)
Cost	[1],[2],[4]	$ 250,000
Principal/ Number of Shares	[1],[2],[4]	$ 250,000
Original Acquisition Date	[1],[2],[4]	May 11, 2021
Fair Value	[1],[2],[3],[4]	$ 159,497
% of Net Assets	[1],[2],[4]	0%
Total Education Software [Member]
Non-control/Non-affiliate investments - 231.7% (b)
Cost	[1],[2]	$ 40,048,896		$ 29,234,761
Fair Value	[1],[2],[3]	$ 44,588,825		$ 33,656,054
% of Net Assets	[1],[2]	13.30%		9.50%
Total Education Software [Member] | Destiny Solutions Inc. [Member]
Non-control/Non-affiliate investments - 231.7% (b)
Cost	[1],[2],[4],[5]	$ 3,969,291
Principal/ Number of Shares	[1],[2],[4],[5]	$ 3,068
Original Acquisition Date	[1],[2],[4],[5]	May 16, 2018
Fair Value	[1],[2],[3],[4],[5]	$ 8,742,860
% of Net Assets	[1],[2],[4],[5]	2.60%
Total Education Software [Member] | GoReact [Member]
Non-control/Non-affiliate investments - 231.7% (b)
Cost	[1],[2]	$ 7,938,400		$ 7,920,033
Principal/ Number of Shares	[1],[2]	$ 8,000,000		$ 8,000,000
Original Acquisition Date	[1],[2]	Jan. 17, 2020		Jan. 17, 2020
Fair Value	[1],[2],[3]	$ 7,795,200		$ 8,080,000
% of Net Assets	[1],[2]	2.30%		2.30%
Total Education Software [Member] | GoReact One [Member]
Non-control/Non-affiliate investments - 231.7% (b)
Cost	[1],[2],[6]
Principal/ Number of Shares	[1],[2],[6]
Original Acquisition Date	[1],[2],[6]			Jan. 18, 2022
Fair Value	[1],[2],[3],[6]
% of Net Assets	[1],[2],[6]			0%
Total Education Software [Member] | Identity Automation Systems [Member]
Non-control/Non-affiliate investments - 231.7% (b)
Cost	[1],[2],[4]	$ 232,616
Principal/ Number of Shares	[1],[2],[4]	$ 232,616
Original Acquisition Date	[1],[2],[4]	Aug. 25, 2014
Fair Value	[1],[2],[3],[4]	$ 146,008
% of Net Assets	[1],[2],[4]	0%
Total Education Software [Member] | Ready Education [Member]
Non-control/Non-affiliate investments - 231.7% (b)
Cost	[1],[2]	$ 26,737,018
Principal/ Number of Shares	[1],[2]	$ 27,000,000
Original Acquisition Date	[1],[2]	Aug. 05, 2022
Fair Value	[1],[2],[3]	$ 26,730,000
% of Net Assets	[1],[2]	8%
Total Education Software One [Member] | GoReact One [Member]
Non-control/Non-affiliate investments - 231.7% (b)
Cost	[1],[2],[6]	$ 1,000,000
Principal/ Number of Shares	[1],[2],[6]	$ 1,000,000
Original Acquisition Date	[1],[2],[6]	Jan. 18, 2022
Fair Value	[1],[2],[3],[6]	$ 961,600
% of Net Assets	[1],[2],[6]	0.30%
Total Education Software One [Member] | Identity Automation Systems One [Member]
Non-control/Non-affiliate investments - 231.7% (b)
Cost	[1],[2],[4]	$ 171,571
Principal/ Number of Shares	[1],[2],[4]	$ 43,715
Original Acquisition Date	[1],[2],[4]	Mar. 06, 2020
Fair Value	[1],[2],[3],[4]	$ 213,157
% of Net Assets	[1],[2],[4]	0.10%
Total Facilities Maintenance [Member]
Non-control/Non-affiliate investments - 231.7% (b)
Cost	[1],[2]	$ 488,148		$ 488,148
Fair Value	[1],[2],[3]	$ 405,613		$ 482,036
% of Net Assets	[1],[2]	0.10%		0.10%
Total Facilities Maintenance [Member] | TG Pressure Washing Holdings, LLC [Member]
Non-control/Non-affiliate investments - 231.7% (b)
Cost	[1],[2],[4]	$ 488,148		$ 488,148
Principal/ Number of Shares	[1],[2],[4]	$ 488,148		$ 488,148
Original Acquisition Date	[1],[2],[4]	Aug. 12, 2019		Aug. 12, 2019
Fair Value	[1],[2],[3],[4]	$ 405,613		$ 482,036
% of Net Assets	[1],[2],[4]	0.10%		0.10%
Total Facilities Maintenance [Member] | Davisware, LLC [Member]
Non-control/Non-affiliate investments - 231.7% (b)
Cost	[1],[2]			$ 5,954,705
Principal/ Number of Shares	[1],[2]			$ 6,000,000
Original Acquisition Date	[1],[2]			Sep. 06, 2019
Fair Value	[1],[2],[3]			$ 6,003,000
% of Net Assets	[1],[2]			1.70%
Total Field Service Management [Member]
Non-control/Non-affiliate investments - 231.7% (b)
Cost	[1],[2]	$ 7,933,813		$ 6,930,209
Fair Value	[1],[2],[3]	$ 7,890,832		$ 6,981,279
% of Net Assets	[1],[2]	2.40%		2%
Total Field Service Management [Member] | Davisware, LLC [Member]
Non-control/Non-affiliate investments - 231.7% (b)
Cost	[1],[2]	$ 5,967,251
Principal/ Number of Shares	[1],[2]	$ 6,000,000
Original Acquisition Date	[1],[2]	Sep. 06, 2019
Fair Value	[1],[2],[3]	$ 5,934,600
% of Net Assets	[1],[2]	1.80%
Total Field Service Management [Member] | Davisware, LLC One [Member]
Non-control/Non-affiliate investments - 231.7% (b)
Cost	[1],[2],[6]			$ 975,504
Principal/ Number of Shares	[1],[2],[6]			$ 977,790
Original Acquisition Date	[1],[2],[6]			Sep. 06, 2019
Fair Value	[1],[2],[3],[6]			$ 978,279
% of Net Assets	[1],[2],[6]			0.30%
Field Service Management One [Member] | Davisware, LLC One [Member]
Non-control/Non-affiliate investments - 231.7% (b)
Cost	[1],[2],[6]	$ 1,966,562
Principal/ Number of Shares	[1],[2],[6]	$ 1,977,790
Original Acquisition Date	[1],[2],[6]	Sep. 06, 2019
Fair Value	[1],[2],[3],[6]	$ 1,956,232
% of Net Assets	[1],[2],[6]	0.60%
Total Financial Services [Member]
Non-control/Non-affiliate investments - 231.7% (b)
Cost		$ 26,264,411	[1],[2]	$ 23,324,895
Fair Value		$ 26,175,746	[1],[2],[3]	$ 23,539,688
% of Net Assets		7.80%	[1],[2]	6.50%
Total Financial Services [Member] | B. Riley Financial, Inc. [Member]
Non-control/Non-affiliate investments - 231.7% (b)
Cost	[2],[8]	$ 165,301
Principal/ Number of Shares	[2],[8]	$ 165,301
Original Acquisition Date	[2],[8]	Oct. 18, 2022
Fair Value	[2],[3],[8]	$ 164,508
% of Net Assets	[2],[8]	0%
Total Financial Services [Member] | GDS Software Holdings, LLC [Member]
Non-control/Non-affiliate investments - 231.7% (b)
Cost	[1],[2]	$ 22,592,997		$ 22,579,864
Principal/ Number of Shares	[1],[2]	$ 22,713,926		$ 22,713,926
Original Acquisition Date	[1],[2]	Dec. 30, 2021		Dec. 30, 2021
Fair Value	[1],[2],[3]	$ 22,277,819		$ 22,570,829
% of Net Assets	[1],[2]	6.60%		6.30%
Total Financial Services [Member] | GDS Software Holdings, LLC One [Member]
Non-control/Non-affiliate investments - 231.7% (b)
Cost	[1],[2]	$ 3,256,113		$ 495,031	[6]
Principal/ Number of Shares	[1],[2]	$ 3,286,074		$ 500,000	[6]
Original Acquisition Date	[1],[2]	Dec. 30, 2021		Dec. 18, 2021	[6]
Fair Value	[1],[2],[3]	$ 3,222,981		$ 496,850	[6]
% of Net Assets	[1],[2]	1%		0.10%	[6]
Total Financial Services [Member] | GDS Software Holdings, LLC Two [Member]
Non-control/Non-affiliate investments - 231.7% (b)
Cost	[1],[2],[4]	$ 250,000		$ 250,000
Principal/ Number of Shares	[1],[2],[4]	$ 250,000		$ 250,000
Original Acquisition Date	[1],[2],[4]	Aug. 23, 2018		Aug. 23, 2018
Fair Value	[1],[2],[3],[4]	$ 510,438		$ 472,009
% of Net Assets	[1],[2],[4]	0.20%		0.10%
Total Financial Services Software [Member]
Non-control/Non-affiliate investments - 231.7% (b)
Cost	[1],[2]	$ 8,227,709		$ 5,942,482
Fair Value	[1],[2],[3]	$ 8,070,000		$ 5,940,000
% of Net Assets	[1],[2]	2.40%		1.70%
Total Financial Services Software [Member] | Ascend Software, LLC [Member]
Non-control/Non-affiliate investments - 231.7% (b)
Cost	[1],[2]	$ 5,949,123		$ 5,942,482
Principal/ Number of Shares	[1],[2]	$ 6,000,000		$ 6,000,000
Original Acquisition Date	[1],[2]	Dec. 15, 2021		Dec. 15, 2021
Fair Value	[1],[2],[3]	$ 5,889,600		$ 5,940,000
% of Net Assets	[1],[2]	1.80%		1.70%
Total Financial Services Software [Member] | Ascend Software, LLC One [Member]
Non-control/Non-affiliate investments - 231.7% (b)
Cost	[1],[2],[6]	$ 2,278,586
Principal/ Number of Shares	[1],[2],[6]	$ 2,300,000
Original Acquisition Date	[1],[2],[6]	Dec. 15, 2021		Dec. 15, 2021
Fair Value	[1],[2],[3],[6]	$ 2,180,400
% of Net Assets	[1],[2],[6]	0.60%		0%
Total Healthcare Services [Member]
Non-control/Non-affiliate investments - 231.7% (b)
Cost	[1],[2]	$ 25,323,185		$ 41,255,644
Fair Value	[1],[2],[3]	$ 26,251,380		$ 42,053,734
% of Net Assets	[1],[2]	7.80%		11.80%
Total Healthcare Services [Member] | Axiom Parent Holdings, LLC [Member]
Non-control/Non-affiliate investments - 231.7% (b)
Cost	[1],[2],[4]	$ 400,000		$ 400,000
Principal/ Number of Shares	[1],[2],[4]	$ 400,000		$ 400,000
Original Acquisition Date	[1],[2],[4]	Jun. 19, 2018		Jun. 19, 2018
Fair Value	[1],[2],[3],[4]	$ 1,251,380		$ 1,032,934
% of Net Assets	[1],[2],[4]	0.40%		0.30%
Total Healthcare Services [Member] | ComForCare Health Care [Member]
Non-control/Non-affiliate investments - 231.7% (b)
Cost	[1],[2],[7]	$ 24,923,185		$ 24,903,581
Principal/ Number of Shares	[1],[2],[7]	$ 25,000,000		$ 25,000,000
Original Acquisition Date	[1],[2],[7]	Jan. 31, 2017		Jan. 31, 2017
Fair Value	[1],[2],[3],[7]	$ 25,000,000		$ 25,000,000
% of Net Assets	[1],[2],[7]	7.40%		7%
Total Healthcare Services [Member] | Axiom Purchaser, Inc. [Member]
Non-control/Non-affiliate investments - 231.7% (b)
Cost	[1],[2],[7]			$ 9,974,217
Principal/ Number of Shares	[1],[2],[7]			$ 10,000,000
Original Acquisition Date	[1],[2],[7]			Jun. 19, 2018
Fair Value	[1],[2],[3],[7]			$ 10,013,000
% of Net Assets	[1],[2],[7]			2.80%
Total Healthcare Services [Member] | Axiom Purchaser, Inc. One [Member]
Non-control/Non-affiliate investments - 231.7% (b)
Cost	[1],[2],[7]			$ 5,977,846
Principal/ Number of Shares	[1],[2],[7]			$ 6,000,000
Original Acquisition Date	[1],[2],[7]			Jun. 19, 2018
Fair Value	[1],[2],[3],[7]			$ 6,007,800
% of Net Assets	[1],[2],[7]			1.70%
Total Healthcare Software [Member]
Non-control/Non-affiliate investments - 231.7% (b)
Cost	[1],[2]	$ 111,565,550		$ 89,011,164
Fair Value	[1],[2],[3]	$ 113,161,087		$ 90,126,043
% of Net Assets	[1],[2]	33.70%		25.30%
Total Healthcare Software [Member] | HemaTerra Holding Company, LLC [Member]
Non-control/Non-affiliate investments - 231.7% (b)
Cost	[1],[2],[7]	$ 55,201,050		$ 35,715,061
Principal/ Number of Shares	[1],[2],[7]	$ 55,623,000		$ 36,000,000
Original Acquisition Date	[1],[2],[7]	Apr. 15, 2019		Apr. 15, 2019
Fair Value	[1],[2],[3],[7]	$ 55,578,502		$ 35,640,000
% of Net Assets	[1],[2],[7]	16.60%		10%
Total Healthcare Software [Member] | HemaTerra Holding Company, LLC One [Member]
Non-control/Non-affiliate investments - 231.7% (b)
Cost	[1],[2]	$ 13,856,418		$ 13,912,744	[7]
Principal/ Number of Shares	[1],[2]	$ 13,930,000		$ 14,000,000	[7]
Original Acquisition Date	[1],[2]	Apr. 15, 2019		Apr. 15, 2019	[7]
Fair Value	[1],[2],[3]	$ 13,918,856		$ 13,860,000	[7]
% of Net Assets	[1],[2]	4.10%		3.90%	[7]
Total Healthcare Software [Member] | TRC HemaTerra, LLC [Member]
Non-control/Non-affiliate investments - 231.7% (b)
Cost	[1],[2],[4]	$ 2,816,693		$ 2,816,693
Principal/ Number of Shares	[1],[2],[4]	$ 2,487		$ 2,487
Original Acquisition Date	[1],[2],[4]	Apr. 15, 2019		Apr. 15, 2019
Fair Value	[1],[2],[3],[4]	$ 4,350,225		$ 3,788,769
% of Net Assets	[1],[2],[4]	1.30%		1.10%
Total Healthcare Software [Member] | Procurement Partners, LLC [Member]
Non-control/Non-affiliate investments - 231.7% (b)
Cost	[1],[2]	$ 34,878,261		$ 34,827,633
Principal/ Number of Shares	[1],[2]	$ 35,125,000		$ 35,125,000
Original Acquisition Date	[1],[2]	Nov. 12, 2020		Nov. 12, 2020
Fair Value	[1],[2],[3]	$ 34,355,763		$ 34,998,550
% of Net Assets	[1],[2]	10.20%		9.80%
Total Healthcare Software [Member] | Procurement Partners, LLC One [Member]
Non-control/Non-affiliate investments - 231.7% (b)
Cost	[1],[2]	$ 4,262,142		$ 1,188,047	[6]
Principal/ Number of Shares	[1],[2]	$ 4,300,000		$ 1,200,000	[6]
Original Acquisition Date	[1],[2]	Nov. 12, 2020		Nov. 12, 2020	[6]
Fair Value	[1],[2],[3]	$ 4,205,830		$ 1,195,680	[6]
% of Net Assets	[1],[2]	1.30%		0.30%	[6]
Total Healthcare Software [Member] | Procurement Partners Holdings LLC [Member]
Non-control/Non-affiliate investments - 231.7% (b)
Cost	[1],[2],[4]	$ 550,986		$ 550,986
Principal/ Number of Shares	[1],[2],[4]	$ 550,986		$ 550,986
Original Acquisition Date	[1],[2],[4]	Nov. 12, 2020		Nov. 12, 2020
Fair Value	[1],[2],[3],[4]	$ 751,911		$ 643,044
% of Net Assets	[1],[2],[4]	0.20%		0.20%
Total Healthcare Supply [Member]
Non-control/Non-affiliate investments - 231.7% (b)
Cost	[1],[2]	$ 508,077		$ 5,649,490
Fair Value	[1],[2],[3]			$ 5,194,266
% of Net Assets	[1],[2]	0%		1.40%
Total Healthcare Supply [Member] | Roscoe Medical, Inc. [Member]
Non-control/Non-affiliate investments - 231.7% (b)
Cost	[1],[2],[4]	$ 508,077		$ 508,077
Principal/ Number of Shares	[1],[2],[4]	$ 5,081		$ 5,081
Original Acquisition Date	[1],[2],[4]	Mar. 26, 2014		Mar. 26, 2014
Fair Value	[1],[2],[3],[4]			$ 52,853
% of Net Assets	[1],[2],[4]	0%		0%
Total Healthcare Supply [Member] | Roscoe Medical, Inc.One [Member]
Non-control/Non-affiliate investments - 231.7% (b)
Cost	[1],[2]			$ 5,141,413
Principal/ Number of Shares	[1],[2]			$ 5,141,413
Original Acquisition Date	[1],[2]			Mar. 26, 2014
Fair Value	[1],[2],[3]			$ 5,141,413
% of Net Assets	[1],[2]			1.40%
Total Hospitality/Hotel [Member]
Non-control/Non-affiliate investments - 231.7% (b)
Cost	[1],[2]	$ 43,923,635		$ 25,099,553
Fair Value	[1],[2],[3]	$ 37,918,352		$ 19,924,563
% of Net Assets	[1],[2]	11.30%		5.70%
Total Hospitality/Hotel [Member] | Book4Time, Inc. [Member]
Non-control/Non-affiliate investments - 231.7% (b)
Cost	[1],[2],[7],[8]	$ 3,115,448		$ 3,111,278
Principal/ Number of Shares	[1],[2],[7],[8]	$ 3,136,517		$ 3,136,517
Original Acquisition Date	[1],[2],[7],[8]	Dec. 22, 2020		Dec. 22, 2020
Fair Value	[1],[2],[3],[7],[8]	$ 3,136,517		$ 3,112,052
% of Net Assets	[1],[2],[7],[8]	0.90%		0.90%
Total Hospitality/Hotel [Member] | Book4Time, Inc. One [Member]
Non-control/Non-affiliate investments - 231.7% (b)
Cost	[1],[2],[8]	$ 1,982,829			[6]
Principal/ Number of Shares	[1],[2],[8]	$ 2,000,000			[6]
Original Acquisition Date	[1],[2],[8]	Dec. 22, 2020		Dec. 22, 2020	[6]
Fair Value	[1],[2],[3],[8]	$ 2,000,000			[6]
% of Net Assets	[1],[2],[8]	0.60%		0%	[6]
Total Hospitality/Hotel [Member] | Book4Time, Inc. Two [Member]
Non-control/Non-affiliate investments - 231.7% (b)
Cost	[1],[2],[4],[5],[8]	$ 156,826		$ 156,826
Principal/ Number of Shares	[1],[2],[4],[5],[8]	$ 200,000		$ 200,000
Original Acquisition Date	[1],[2],[4],[5],[8]	Dec. 22, 2020		Dec. 22, 2020
Fair Value	[1],[2],[3],[4],[5],[8]	$ 256,275		$ 198,638
% of Net Assets	[1],[2],[4],[5],[8]	0.10%		0.10%
Total Hospitality/Hotel [Member] | Knowland Group, LLC [Member]
Non-control/Non-affiliate investments - 231.7% (b)
Cost	[1],[2]	$ 15,878,989	[3],[4],[9]	$ 15,878,989
Principal/ Number of Shares	[1],[2]	$ 15,878,989	[4],[9]	$ 15,878,989
Original Acquisition Date	[1],[2]	Nov. 09, 2018	[4],[9]	Nov. 09, 2018
Fair Value	[1],[2],[3]	$ 9,741,760	[4],[9]	$ 10,592,873
% of Net Assets	[1],[2]	2.90%	[4],[9]	3%
Total Hospitality/Hotel [Member] | Sceptre Hospitality Resources, LLC [Member]
Non-control/Non-affiliate investments - 231.7% (b)
Cost	[1],[2]	$ 22,789,543		$ 5,952,460
Principal/ Number of Shares	[1],[2]	$ 23,000,000		$ 6,000,000
Original Acquisition Date	[1],[2]	Apr. 27, 2020		Apr. 27, 2020
Fair Value	[1],[2],[3]	$ 22,783,800		$ 6,021,000
% of Net Assets	[1],[2]	6.80%		1.70%
Total Hospitality/Hotel [Member] | Sceptre Hospitality Resources, LLC One [Member]
Non-control/Non-affiliate investments - 231.7% (b)
Cost	[1],[2],[6]
Principal/ Number of Shares	[1],[2],[6]
Original Acquisition Date	[1],[2],[6]	Sep. 02, 2021		Sep. 02, 2021
Fair Value	[1],[2],[3],[6]
% of Net Assets	[1],[2],[6]	0%		0%
Total HVAC Services and Sales [Member]
Non-control/Non-affiliate investments - 231.7% (b)
Cost		$ 49,106,499		$ 29,744,951	[1],[2]
Fair Value		$ 49,005,000	[6]	$ 29,976,000	[1],[2],[3]
% of Net Assets		14.60%		8.50%	[1],[2]
Total HVAC Services and Sales [Member] | Granite Comfort, LP [Member]
Non-control/Non-affiliate investments - 231.7% (b)
Cost	[1],[2]	$ 42,666,886	[7]	$ 27,764,146
Principal/ Number of Shares	[1],[2]	$ 43,000,000	[7]	$ 28,000,000
Original Acquisition Date	[1],[2]	Nov. 16, 2020	[7]	Nov. 16, 2020
Fair Value	[1],[2],[3]	$ 42,570,000	[7]	$ 27,977,600
% of Net Assets	[1],[2]	12.70%	[7]	7.90%
Total HVAC Services and Sales [Member] | Granite Comfort, LP One [Member]
Non-control/Non-affiliate investments - 231.7% (b)
Cost	[1],[2],[6]	$ 6,439,613		$ 1,980,805
Principal/ Number of Shares	[1],[2],[6]	$ 6,500,000		$ 2,000,000
Original Acquisition Date	[1],[2],[6]	Nov. 16, 2020		Nov. 16, 2020
Fair Value	[1],[2],[3],[6]	$ 6,435,000		$ 1,998,400
% of Net Assets	[1],[2],[6]	1.90%		0.60%
Total Industrial Products [Member]
Non-control/Non-affiliate investments - 231.7% (b)
Cost	[1],[2]	$ 3,477,686		$ 5,008,186
Fair Value	[1],[2],[3]	$ 9,090,211		$ 8,427,179
% of Net Assets	[1],[2]	2.70%		2.40%
Total Industrial Products [Member] | Vector Controls Holding Co., LLC [Member]
Non-control/Non-affiliate investments - 231.7% (b)
Cost	[1],[2],[7]	$ 3,477,686		$ 5,008,186
Principal/ Number of Shares	[1],[2],[7]	$ 3,477,686		$ 5,008,186
Original Acquisition Date	[1],[2],[7]	Mar. 06, 2013		Mar. 06, 2013
Fair Value	[1],[2],[3],[7]	$ 3,477,687		$ 5,008,186
% of Net Assets	[1],[2],[7]	1%		1.40%
Total Industrial Products [Member] | Vector Controls Holding Co., LLC One [Member]
Non-control/Non-affiliate investments - 231.7% (b)
Cost	[1],[2],[4]
Principal/ Number of Shares	[1],[2],[4]	$ 343		$ 343
Original Acquisition Date	[1],[2],[4]	May 31, 2015		May 31, 2015
Fair Value	[1],[2],[3],[4]	$ 5,612,524		$ 3,418,993
% of Net Assets	[1],[2],[4]	1.70%		1%
Total Insurance Software [Member]
Non-control/Non-affiliate investments - 231.7% (b)
Cost		$ 15,896,690		$ 10,925,938	[1],[2]
Fair Value	[3]	$ 16,600,391		$ 10,920,800	[1],[2]
% of Net Assets		4.90%		3.10%	[1],[2]
Total Insurance Software [Member] | AgencyBloc, LLC [Member]
Non-control/Non-affiliate investments - 231.7% (b)
Cost	[1],[2]	$ 13,396,690		$ 8,925,938
Principal/ Number of Shares	[1],[2]	$ 13,500,000		$ 9,000,000
Original Acquisition Date	[1],[2]	Oct. 01, 2021		Oct. 01, 2021
Fair Value	[1],[2],[3]	$ 13,444,650		$ 8,920,800
% of Net Assets	[1],[2]	4%		2.50%
Total Insurance Software [Member] | Panther ParentCo LLC [Member]
Non-control/Non-affiliate investments - 231.7% (b)
Cost	[1],[2],[4]	$ 2,500,000	[3]	$ 2,000,000
Principal/ Number of Shares	[1],[2],[4]	$ 2,500,000	[3]	$ 2,000,000
Original Acquisition Date	[1],[2],[4]	Oct. 01, 2021	[3]	Oct. 01, 2021
Fair Value	[1],[2],[3],[4]	$ 3,155,741		$ 2,000,000
% of Net Assets	[1],[2],[4]	0.90%	[3]	0.60%
Total IT Services [Member]
Non-control/Non-affiliate investments - 231.7% (b)
Cost	[1],[2]	$ 42,913,067		$ 42,806,801
Fair Value	[1],[2],[3]	$ 43,000,000		$ 43,000,000
% of Net Assets	[1],[2]	12.80%		12.10%
Total IT Services [Member] | LogicMonitor, Inc. [Member]
Non-control/Non-affiliate investments - 231.7% (b)
Cost	[1],[2],[7]	$ 42,913,067		$ 42,806,801
Principal/ Number of Shares	[1],[2],[7]	$ 43,000,000		$ 43,000,000
Original Acquisition Date	[1],[2],[7]	Mar. 20, 2020		Mar. 20, 2020
Fair Value	[1],[2],[3],[7]	$ 43,000,000		$ 43,000,000
% of Net Assets	[1],[2],[7]	12.80%		12.10%
Total Lead management Software [Member]
Non-control/Non-affiliate investments - 231.7% (b)
Cost	[1],[2]	$ 11,899,180
Fair Value	[1],[2],[3]	$ 11,895,600
% of Net Assets	[1],[2]	3.50%
Total Lead management Software [Member] | ActiveProspect, Inc. One [Member]
Non-control/Non-affiliate investments - 231.7% (b)
Cost	[1],[2]	$ 11,899,180
Principal/ Number of Shares	[1],[2]	$ 12,000,000
Original Acquisition Date	[1],[2]	Aug. 08, 2022
Fair Value	[1],[2],[3]	$ 11,895,600
% of Net Assets	[1],[2]	3.50%
Total Lead management Software [Member] | ActiveProspect, Inc. [Member]
Non-control/Non-affiliate investments - 231.7% (b)
Cost	[1],[2],[6],[7]
Principal/ Number of Shares	[1],[2],[6],[7]
Original Acquisition Date	[1],[2],[6],[7]	Aug. 08, 2022
Fair Value	[1],[2],[3],[6],[7]
% of Net Assets	[1],[2],[6],[7]	0%
Total Legal Software [Member]
Non-control/Non-affiliate investments - 231.7% (b)
Cost	[1],[2]	$ 21,097,037		$ 7,409,860
Fair Value	[1],[2],[3]	$ 20,691,753		$ 7,425,000
% of Net Assets	[1],[2]	6.20%		2.10%
Total Legal Software [Member] | Centerbase, LLC [Member]
Non-control/Non-affiliate investments - 231.7% (b)
Cost	[1],[2]	$ 21,097,037		$ 7,409,860
Principal/ Number of Shares	[1],[2]	$ 21,300,960		$ 7,500,000
Original Acquisition Date	[1],[2]	Jan. 18, 2022		Jan. 18, 2022
Fair Value	[1],[2],[3]	$ 20,691,753		$ 7,425,000
% of Net Assets	[1],[2]	6.20%		2.10%
Total Marketing Orchestration Software [Member]
Non-control/Non-affiliate investments - 231.7% (b)
Cost	[1],[2]	$ 28,586,044		$ 28,782,977
Fair Value	[1],[2],[3]	$ 28,675,836		$ 28,776,867
% of Net Assets	[1],[2]	8.50%		8.10%
Total Marketing Orchestration Software [Member] | Madison Logic, Inc. [Member]
Non-control/Non-affiliate investments - 231.7% (b)
Cost	[1],[2]	$ 28,586,044	[7]	$ 28,782,977
Principal/ Number of Shares	[1],[2]	$ 28,698,795	[7]	$ 28,915,663
Original Acquisition Date	[1],[2]	Dec. 10, 2021	[7]	Dec. 10, 2021
Fair Value	[1],[2],[3]	$ 28,675,836	[7]	$ 28,776,867
% of Net Assets	[1],[2]	8.50%	[7]	8.10%
Total Marketing Orchestration Software [Member] | Madison Logic, Inc. One [Member]
Non-control/Non-affiliate investments - 231.7% (b)
Cost	[1],[2],[6]
Principal/ Number of Shares	[1],[2],[6]
Original Acquisition Date	[1],[2],[6]	Dec. 10, 2021		Dec. 10, 2021
Fair Value	[1],[2],[3],[6]
% of Net Assets	[1],[2],[6]	0%		0%
Total Mental Healthcare Services [Member]
Non-control/Non-affiliate investments - 231.7% (b)
Cost	[1],[2]	$ 16,848,769
Fair Value	[1],[2],[3]	$ 16,843,356
% of Net Assets	[1],[2]	5%
Total Mental Healthcare Services [Member] | ARC Health OpCo LLC [Member]
Non-control/Non-affiliate investments - 231.7% (b)
Cost	[1],[2],[7]	$ 6,422,385
Principal/ Number of Shares	[1],[2],[7]	$ 6,500,000
Original Acquisition Date	[1],[2],[7]	Aug. 05, 2022
Fair Value	[1],[2],[3],[7]	$ 6,418,750
% of Net Assets	[1],[2],[7]	1.90%
Total Mental Healthcare Services [Member] | ARC Health OpCo LLC One [Member]
Non-control/Non-affiliate investments - 231.7% (b)
Cost	[1],[2],[6],[7]	$ 7,632,170
Principal/ Number of Shares	[1],[2],[6],[7]	$ 7,726,978
Original Acquisition Date	[1],[2],[6],[7]	Aug. 05, 2022
Fair Value	[1],[2],[3],[6],[7]	$ 7,630,391
% of Net Assets	[1],[2],[6],[7]	2.30%
Total Mental Healthcare Services [Member] | ARC Health OpCo LLC Two [Member]
Non-control/Non-affiliate investments - 231.7% (b)
Cost	[1],[2],[4]	$ 2,794,214
Principal/ Number of Shares	[1],[2],[4]	$ 2,587,236
Original Acquisition Date	[1],[2],[4]	Aug. 05, 2022
Fair Value	[1],[2],[3],[4]	$ 2,794,215
% of Net Assets	[1],[2],[4]	0.80%
Total Mentoring Software [Member]
Non-control/Non-affiliate investments - 231.7% (b)
Cost	[1],[2]	$ 20,851,736		$ 17,861,338
Fair Value	[1],[2],[3]	$ 21,413,237		$ 18,321,125
% of Net Assets	[1],[2]	6.40%		5.20%
Total Mentoring Software [Member] | Chronus LLC [Member]
Non-control/Non-affiliate investments - 231.7% (b)
Cost	[1],[2]	$ 14,880,506
Principal/ Number of Shares	[1],[2]	$ 15,000,000
Original Acquisition Date	[1],[2]	Aug. 26, 2021
Fair Value	[1],[2],[3]	$ 14,874,000
% of Net Assets	[1],[2]	4.40%
Total Mentoring Software [Member] | Chronus LLC One [Member]
Non-control/Non-affiliate investments - 231.7% (b)
Cost	[1],[2]	$ 2,971,230		$ 3,000,000	[4]
Principal/ Number of Shares	[1],[2]	$ 3,000,000		$ 3,000	[4]
Original Acquisition Date	[1],[2]	Aug. 26, 2021		Aug. 26, 2021	[4]
Fair Value	[1],[2],[3]	$ 2,974,800		$ 3,382,625	[4]
% of Net Assets	[1],[2]	0.90%		1%	[4]
Total Mentoring Software [Member] | Chronus LLC Two [Member]
Non-control/Non-affiliate investments - 231.7% (b)
Cost	[1],[2]	$ 3,000,000
Principal/ Number of Shares	[1],[2]	$ 3,000
Original Acquisition Date	[1],[2]	Aug. 26, 2021
Fair Value	[1],[2],[4]	$ 3,564,437
% of Net Assets	[1],[2]	1.10%
Total Mentoring Software [Member] | Chronus LLC [Member]
Non-control/Non-affiliate investments - 231.7% (b)
Cost	[1],[2]			$ 14,861,338
Principal/ Number of Shares	[1],[2]			$ 15,000,000
Original Acquisition Date	[1],[2]			Aug. 26, 2021
Fair Value	[1],[2],[3]			$ 14,938,500
% of Net Assets	[1],[2]			4.20%
Total Non-profit Services [Member]
Non-control/Non-affiliate investments - 231.7% (b)
Cost	[1],[2]	$ 13,036,832		$ 9,955,082
Fair Value	[1],[2],[3]	$ 13,035,998		$ 10,038,714
% of Net Assets	[1],[2]	3.90%		2.80%
Total Non-profit Services [Member] | Omatic Software, LLC [Member]
Non-control/Non-affiliate investments - 231.7% (b)
Cost	[1],[2]	$ 13,036,832		$ 9,955,082
Principal/ Number of Shares	[1],[2]	$ 13,089,665		$ 10,010,685
Original Acquisition Date	[1],[2]	May 29, 2018		May 29, 2018
Fair Value	[1],[2],[3]	$ 13,035,998		$ 10,038,714
% of Net Assets	[1],[2]	3.90%		2.80%
Total Office Supplies [Member]
Non-control/Non-affiliate investments - 231.7% (b)
Cost	[1],[2]	$ 3,700,000		$ 3,700,000
Fair Value	[1],[2],[3]	$ 3,604,159		$ 3,725,807
% of Net Assets	[1],[2]	1.10%		1%
Total Office Supplies [Member] | Emily Street Enterprises, L.L.C. [Member]
Non-control/Non-affiliate investments - 231.7% (b)
Cost	[1],[2]	$ 3,300,000		$ 3,300,000
Principal/ Number of Shares	[1],[2]	$ 3,300,000		$ 3,300,000
Original Acquisition Date	[1],[2]	Dec. 28, 2012		Dec. 28, 2012
Fair Value	[1],[2],[3]	$ 3,249,510		$ 3,278,880
% of Net Assets	[1],[2]	1%		0.90%
Total Office Supplies [Member] | Emily Street Enterprises, L.L.C. One [Member]
Non-control/Non-affiliate investments - 231.7% (b)
Cost	[1],[2],[4]	$ 400,000		$ 400,000
Principal/ Number of Shares	[1],[2],[4]	$ 49,318		$ 49,318
Original Acquisition Date	[1],[2],[4]	Dec. 28, 2012		Dec. 28, 2012
Fair Value	[1],[2],[3],[4]	$ 354,649		$ 446,927
% of Net Assets	[1],[2],[4]	0.10%		0.10%
Total Payroll Services [Member]
Non-control/Non-affiliate investments - 231.7% (b)
Cost	[1],[2]	$ 15,493,229		$ 16,990,006
Fair Value	[1],[2],[3]	$ 15,489,150		$ 17,000,000
% of Net Assets	[1],[2]	4.60%		4.70%
Total Payroll Services [Member] | Apex Holdings Software Technologies, LLC [Member]
Non-control/Non-affiliate investments - 231.7% (b)
Cost	[1],[2]	$ 15,493,229		$ 16,990,006
Principal/ Number of Shares	[1],[2]	$ 15,500,000		$ 17,000,000
Original Acquisition Date	[1],[2]	Sep. 21, 2016		Sep. 21, 2016
Fair Value	[1],[2],[3]	$ 15,489,150		$ 17,000,000
% of Net Assets	[1],[2]	4.60%		4.70%
Total Real Estate Services [Member]
Non-control/Non-affiliate investments - 231.7% (b)
Cost	[1],[2]	$ 53,349,652		$ 53,276,852
Fair Value	[1],[2],[3]	$ 53,219,141		$ 53,506,014
% of Net Assets	[1],[2]	15.90%		14.90%
Total Real Estate Services [Member] | Buildout, Inc. [Member]
Non-control/Non-affiliate investments - 231.7% (b)
Cost	[1],[2]	$ 13,915,108		$ 13,897,546
Principal/ Number of Shares	[1],[2]	$ 14,000,000		$ 14,000,000
Original Acquisition Date	[1],[2]	Jul. 09, 2020		Jul. 09, 2020
Fair Value	[1],[2],[3]	$ 13,843,200		$ 13,904,800
% of Net Assets	[1],[2]	4.10%		3.90%
Total Real Estate Services [Member] | Buildout, Inc. One [Member]
Non-control/Non-affiliate investments - 231.7% (b)
Cost	[1],[2]	$ 38,229,236		$ 38,173,998
Principal/ Number of Shares	[1],[2]	$ 38,500,000		$ 38,500,000
Original Acquisition Date	[1],[2]	Feb. 12, 2021		Feb. 12, 2021
Fair Value	[1],[2],[3]	$ 38,068,800		$ 38,238,200
% of Net Assets	[1],[2]	11.40%		10.60%
Total Real Estate Services [Member] | Buildout, Inc. Two [Member]
Non-control/Non-affiliate investments - 231.7% (b)
Cost	[1],[2],[4],[5]	$ 1,205,308		$ 1,205,308
Principal/ Number of Shares	[1],[2],[4],[5]	$ 1,160		$ 1,205
Original Acquisition Date	[1],[2],[4],[5]	Jul. 09, 2020		Jul. 09, 2020
Fair Value	[1],[2],[3],[4],[5]	$ 1,307,141		$ 1,363,014
% of Net Assets	[1],[2],[4],[5]	0.40%		0.40%
Total Research Software [Member]
Non-control/Non-affiliate investments - 231.7% (b)
Cost	[1],[2]	$ 10,499,135
Fair Value	[1],[2],[3]	$ 10,493,440
% of Net Assets	[1],[2]	3.10%
Total Research Software [Member] | Wellspring Worldwide Inc. [Member]
Non-control/Non-affiliate investments - 231.7% (b)
Cost	[1],[2]	$ 9,499,135
Principal/ Number of Shares	[1],[2]	$ 9,600,000
Original Acquisition Date	[1],[2]	Jun. 27, 2022
Fair Value	[1],[2],[3]	$ 9,493,440
% of Net Assets	[1],[2]	2.80%
Total Research Software [Member] | Archimedes Parent LLC [Member]
Non-control/Non-affiliate investments - 231.7% (b)
Cost	[1],[2],[4]	$ 1,000,000
Principal/ Number of Shares	[1],[2],[4]	$ 1,000,000
Original Acquisition Date	[1],[2],[4]	Jun. 27, 2022
Fair Value	[1],[2],[3],[4]	$ 1,000,000
% of Net Assets	[1],[2],[4]	0.30%
Total Restaurant [Member]
Non-control/Non-affiliate investments - 231.7% (b)
Cost	[1],[2]	$ 24,802,912		$ 15,865,900
Fair Value	[1],[2],[3]	$ 24,604,310		$ 15,685,525
% of Net Assets	[1],[2]	7.30%		4.40%
Total Restaurant [Member] | LFR Chicken LLC [Member]
Non-control/Non-affiliate investments - 231.7% (b)
Cost	[1],[2]	$ 11,901,087		$ 11,886,588
Principal/ Number of Shares	[1],[2]	$ 12,000,000		$ 12,000,000
Original Acquisition Date	[1],[2]	Nov. 19, 2021		Nov. 19, 2021
Fair Value	[1],[2],[3]	$ 11,817,600		$ 11,880,000
% of Net Assets	[1],[2]	3.60%		3.30%
Total Restaurant [Member] | LFR Chicken LLC One [Member]
Non-control/Non-affiliate investments - 231.7% (b)
Cost	[1],[2],[6]	$ 8,922,513
Principal/ Number of Shares	[1],[2],[6]	$ 9,000,000
Original Acquisition Date	[1],[2],[6]	Nov. 19, 2021		Nov. 19, 2021
Fair Value	[1],[2],[3],[6]	$ 8,863,200
% of Net Assets	[1],[2],[6]	2.60%		0%
Total Restaurant [Member] | LFR Chicken LLC Two [Member]
Non-control/Non-affiliate investments - 231.7% (b)
Cost	[1],[2],[4]	$ 1,000,000		$ 1,000,000
Principal/ Number of Shares	[1],[2],[4]	$ 497,183		$ 497,183
Original Acquisition Date	[1],[2],[4]	Nov. 19, 2021		Nov. 19, 2021
Fair Value	[1],[2],[3],[4]	$ 1,108,405		$ 999,984
% of Net Assets	[1],[2],[4]	0.30%		0.30%
Total Restaurant [Member] | TMAC Acquisition Co., LLC [Member]
Non-control/Non-affiliate investments - 231.7% (b)
Cost	[1],[2]	$ 2,979,312		$ 2,979,312
Principal/ Number of Shares	[1],[2]	$ 2,979,312		$ 2,979,312
Original Acquisition Date	[1],[2]	Mar. 01, 2018		Mar. 01, 2018
Fair Value	[1],[2],[3]	$ 2,815,105		$ 2,805,541
% of Net Assets	[1],[2]	0.80%		0.80%
Total Specialty Food Retailer [Member]
Non-control/Non-affiliate investments - 231.7% (b)
Cost	[1],[2]	$ 34,313,811		$ 34,531,592
Fair Value	[1],[2],[3]	$ 24,325,088		$ 34,013,106
% of Net Assets	[1],[2]	7.20%		9.30%
Total Specialty Food Retailer [Member] | Pepper Palace, Inc [Member]
Non-control/Non-affiliate investments - 231.7% (b)
Cost	[1],[2],[7]	$ 33,313,811		$ 33,531,592
Principal/ Number of Shares	[1],[2],[7]	$ 33,575,000		$ 33,830,000
Original Acquisition Date	[1],[2],[7]	Jun. 30, 2021		Jun. 30, 2021
Fair Value	[1],[2],[3],[7]	$ 24,325,088		$ 33,261,656
% of Net Assets	[1],[2],[7]	7.20%		9.20%
Total Specialty Food Retailer [Member] | Pepper Palace, Inc. One [Member]
Non-control/Non-affiliate investments - 231.7% (b)
Cost	[1],[2],[6]
Principal/ Number of Shares	[1],[2],[6]
Original Acquisition Date	[1],[2],[6]	Jun. 30, 2021		Jun. 30, 2021
Fair Value	[1],[2],[3],[6]			$ (33,600)
% of Net Assets	[1],[2],[6]	0%		0%
Total Specialty Food Retailer [Member] | Pepper Palace, Inc. Two [Member]
Non-control/Non-affiliate investments - 231.7% (b)
Cost	[1],[2],[6]
Principal/ Number of Shares	[1],[2],[6]
Original Acquisition Date	[1],[2],[6]	Jun. 30, 2021		Jun. 30, 2021
Fair Value	[1],[2],[3],[6]			$ (42,000)
% of Net Assets	[1],[2],[6]	0%		0%
Total Specialty Food Retailer [Member] | Pepper Palace, Inc. Three [Member]
Non-control/Non-affiliate investments - 231.7% (b)
Cost	[1],[2],[4]	$ 1,000,000		$ 1,000,000
Principal/ Number of Shares	[1],[2],[4]	$ 1,000,000		$ 1,000,000
Original Acquisition Date	[1],[2],[4]	Jun. 30, 2021		Jun. 30, 2021
Fair Value	[1],[2],[3],[4]			$ 827,050
% of Net Assets	[1],[2],[4]	0%		0.10%
Total Sports Management [Member]
Non-control/Non-affiliate investments - 231.7% (b)
Cost		$ 26,882,301		$ 26,846,088	[1],[2]
Fair Value	[3]	$ 26,802,900		$ 26,654,399	[1],[2]
% of Net Assets		8%		7.40%	[1],[2]
Total Sports Management [Member] | ArbiterSports, LLC [Member]
Non-control/Non-affiliate investments - 231.7% (b)
Cost	[1],[2],[7]	$ 25,882,301		$ 25,846,091
Principal/ Number of Shares	[1],[2],[7]	$ 26,000,000		$ 26,000,000
Original Acquisition Date	[1],[2],[7]	Feb. 21, 2020		Feb. 21, 2020
Fair Value	[1],[2],[3],[7]	$ 25,810,200		$ 25,667,199
% of Net Assets	[1],[2],[7]	7.70%		7.10%
Total Sports Management [Member] | ArbiterSports, LLC One [Member]
Non-control/Non-affiliate investments - 231.7% (b)
Cost	[1],[2]	$ 1,000,000		$ 999,997	[7]
Principal/ Number of Shares	[1],[2]	$ 1,000,000		$ 1,000,000	[7]
Original Acquisition Date	[1],[2]	Feb. 21, 2020		Feb. 21, 2020	[7]
Fair Value	[1],[2],[3]	$ 992,700		$ 987,200	[7]
% of Net Assets	[1],[2]	0.30%		0.30%	[7]
Total Staffing Services [Member]
Non-control/Non-affiliate investments - 231.7% (b)
Cost	[1],[2]	$ 100,000		$ 100,000
Fair Value	[1],[2],[3]	$ 2,080,370		$ 1,912,328
% of Net Assets	[1],[2]	0.60%		0.50%
Total Staffing Services [Member] | Avionte Holdings, LLC [Member]
Non-control/Non-affiliate investments - 231.7% (b)
Cost	[1],[2],[4]	$ 100,000		$ 100,000
Principal/ Number of Shares	[1],[2],[4]	$ 100,000		$ 100,000
Original Acquisition Date	[1],[2],[4]	Jan. 08, 2014		Jan. 08, 2014
Fair Value	[1],[2],[3],[4]	$ 2,080,370		$ 1,912,328
% of Net Assets	[1],[2],[4]	0.60%		0.50%
Total Talent Acquisition Software [Member]
Non-control/Non-affiliate investments - 231.7% (b)
Cost		$ 25,796,358	[1],[2]	$ 19,841,684
Fair Value		$ 26,039,000	[1],[2],[3]	$ 19,652,000
% of Net Assets		7.90%	[1],[2]	5.50%
Total Talent Acquisition Software [Member] | JDXpert [Member]
Non-control/Non-affiliate investments - 231.7% (b)
Cost	[1],[2]	$ 5,943,524
Principal/ Number of Shares	[1],[2]	$ 6,000,000
Original Acquisition Date	[1],[2]	May 02, 2022
Fair Value	[1],[2],[3]	$ 6,039,000
% of Net Assets	[1],[2]	1.90%
Total Talent Acquisition Software [Member] | JDXpert One [Member]
Non-control/Non-affiliate investments - 231.7% (b)
Cost	[1],[2],[6]
Principal/ Number of Shares	[1],[2],[6]
Original Acquisition Date	[1],[2],[6]	May 02, 2022
Fair Value	[1],[2],[3],[6]
% of Net Assets	[1],[2],[6]	0%
Total Talent Acquisition Software [Member] | Jobvite, Inc. [Member]
Non-control/Non-affiliate investments - 231.7% (b)
Cost	[1],[2],[7]	$ 19,852,834		$ 19,841,684
Principal/ Number of Shares	[1],[2],[7]	$ 20,000,000		$ 20,000,000
Original Acquisition Date	[1],[2],[7]	Aug. 05, 2022		Jul. 06, 2021
Fair Value	[1],[2],[3],[7]	$ 20,000,000		$ 19,652,000
% of Net Assets	[1],[2],[7]	6%		5.50%
Total Waste Services [Member]
Non-control/Non-affiliate investments - 231.7% (b)
Cost	[1],[2]	$ 9,000,000		$ 9,000,000
Fair Value	[1],[2],[3]	$ 9,000,000		$ 9,000,000
% of Net Assets	[1],[2]	2.70%		2.50%
Total Waste Services [Member] | National Waste Partners [Member]
Non-control/Non-affiliate investments - 231.7% (b)
Cost	[1],[2],[7]	$ 9,000,000		$ 9,000,000
Principal/ Number of Shares	[1],[2],[7]	$ 9,000,000		$ 9,000,000
Original Acquisition Date	[1],[2],[7]	Feb. 13, 2017		Feb. 13, 2017
Fair Value	[1],[2],[3],[7]	$ 9,000,000		$ 9,000,000
% of Net Assets	[1],[2],[7]	2.70%		2.50%
Sub Total Non-control/Non-affiliate investments [Member]
Non-control/Non-affiliate investments - 231.7% (b)
Cost		$ 776,943,715		$ 654,965,044	[1],[2]
Fair Value	[3]	$ 777,907,062		$ 668,358,516	[1],[2]
% of Net Assets		231.70%		187.40%	[1],[2]
Total Consumer Services [Member]
Non-control/Non-affiliate investments - 231.7% (b)
Cost	[1],[2]	$ 64,663,337		$ 36,773,891
Fair Value	[1],[2],[3]	$ 68,576,526		$ 38,234,178
% of Net Assets	[1],[2]	20.50%		10.80%
Total Consumer Services [Member] | Artemis Wax Corp. Three [Member]
Non-control/Non-affiliate investments - 231.7% (b)
Cost	[1],[2],[7],[10]	$ 29,760,680
Principal/ Number of Shares	[1],[2],[7],[10]	$ 30,000,000
Original Acquisition Date	[1],[2],[7],[10]	May 20, 2021
Fair Value	[1],[2],[3],[7],[10]	$ 29,967,000
% of Net Assets	[1],[2],[7],[10]	8.90%
Total Consumer Services [Member] | Artemis Wax Corp. One [Member]
Non-control/Non-affiliate investments - 231.7% (b)
Cost	[1],[2],[10]	$ 17,832,599		$ 1,500,000	[4]
Principal/ Number of Shares	[1],[2],[10]	$ 18,000,000		$ 934,463	[4]
Original Acquisition Date	[1],[2],[10]	May 19, 2022		May 20, 2021	[4]
Fair Value	[1],[2],[3],[10]	$ 17,980,200		$ 2,687,573	[4]
% of Net Assets	[1],[2],[10]	5.50%		0.80%	[4]
Total Consumer Services [Member] | Artemis Wax Corp. Two [Member]
Non-control/Non-affiliate investments - 231.7% (b)
Cost	[1],[2],[10]	$ 9,407,532	[6]	$ 5,546,609	[4]
Principal/ Number of Shares	[1],[2],[10]	$ 9,500,000	[6]	$ 5,547	[4]
Original Acquisition Date	[1],[2],[10]	May 19, 2022	[6]	May 20, 2021	[4]
Fair Value	[1],[2],[3],[10]	$ 9,489,550	[6]	$ 5,546,605	[4]
% of Net Assets	[1],[2],[10]	2.80%	[6]	1.60%	[4]
Total Consumer Services [Member] | Artemis Wax Corp.[Member]
Non-control/Non-affiliate investments - 231.7% (b)
Cost	[1],[2]	$ 1,500,000	[4]	$ 29,727,282	[6],[10]
Principal/ Number of Shares	[1],[2]	$ 934,463	[4]	$ 30,000,000	[6],[10]
Original Acquisition Date	[1],[2]	May 20, 2021	[4]	May 20, 2021	[6],[10]
Fair Value	[1],[2],[3]	$ 4,977,250	[4]	$ 30,000,000	[6],[10]
% of Net Assets	[1],[2]	1.50%	[4]	8.40%	[6],[10]
Total Consumer Services [Member] | Artemis Wax Corp. Four [Member]
Non-control/Non-affiliate investments - 231.7% (b)
Cost	[1],[2],[4]	$ 6,162,526
Principal/ Number of Shares	[1],[2],[4]	$ 6,163
Original Acquisition Date	[1],[2],[4]	May 20, 2021
Fair Value	[1],[2],[3],[4]	$ 6,162,526
% of Net Assets	[1],[2],[4]	1.80%
Total Corporate Education Software [Member]
Non-control/Non-affiliate investments - 231.7% (b)
Cost	[1],[2]	$ 14,971,890
Fair Value	[1],[2],[3]	$ 14,968,688
% of Net Assets	[1],[2]	4.50%
Total Corporate Education Software [Member] | ETU Holdings, Inc. [Member]
Non-control/Non-affiliate investments - 231.7% (b)
Cost	[1],[2],[10]	$ 6,932,059
Principal/ Number of Shares	[1],[2],[10]	$ 7,000,000
Original Acquisition Date	[1],[2],[10]	Aug. 18, 2022
Fair Value	[1],[2],[3],[10]	$ 6,930,000
% of Net Assets	[1],[2],[10]	2.10%
Total Corporate Education Software [Member] | ETU Holdings, Inc. [Member]
Non-control/Non-affiliate investments - 231.7% (b)
Cost	[1],[2],[10]	$ 5,039,831
Principal/ Number of Shares	[1],[2],[10]	$ 5,089,583
Original Acquisition Date	[1],[2],[10]	Aug. 18, 2022
Fair Value	[1],[2],[3],[10]	$ 5,038,688
% of Net Assets	[1],[2],[10]	1.50%
Total Corporate Education Software [Member] | ETU Holdings, Inc. [Member]
Non-control/Non-affiliate investments - 231.7% (b)
Cost	[1],[2],[4],[10]	$ 3,000,000
Principal/ Number of Shares	[1],[2],[4],[10]	$ 3,000,000
Original Acquisition Date	[1],[2],[4],[10]	Aug. 18, 2022
Fair Value	[1],[2],[3],[4],[10]	$ 3,000,000
% of Net Assets	[1],[2],[4],[10]	0.90%
Total Employee Collaboration Software [Member]
Non-control/Non-affiliate investments - 231.7% (b)
Cost	[1],[2]	$ 10,545,717		$ 9,451,036
Fair Value	[1],[2],[3]	$ 12,506,450		$ 9,999,946
% of Net Assets	[1],[2]	3.60%		2.70%
Total Employee Collaboration Software [Member] | Axero Holdings, LLC [Member]
Non-control/Non-affiliate investments - 231.7% (b)
Cost	[1],[2],[10]	$ 5,455,829		$ 5,451,036
Principal/ Number of Shares	[1],[2],[10]	$ 5,500,000		$ 5,500,000
Original Acquisition Date	[1],[2],[10]	Jun. 30, 2021		Jun. 30, 2021
Fair Value	[1],[2],[3],[10]	$ 5,529,150		$ 5,482,950
% of Net Assets	[1],[2],[10]	1.60%		1.50%
Total Employee Collaboration Software [Member] | Axero Holdings, LLC One [Member]
Non-control/Non-affiliate investments - 231.7% (b)
Cost	[1],[2],[10]	$ 1,089,888			[6]
Principal/ Number of Shares	[1],[2],[10]	$ 1,100,000			[6]
Original Acquisition Date	[1],[2],[10]	Jun. 30, 2021		Jun. 30, 2021	[6]
Fair Value	[1],[2],[3],[10]	$ 1,105,830			[6]
% of Net Assets	[1],[2],[10]	0.30%		0%	[6]
Total Employee Collaboration Software [Member] | Axero Holdings, LLC Two [Member]
Non-control/Non-affiliate investments - 231.7% (b)
Cost	[1],[2],[6],[10]
Principal/ Number of Shares	[1],[2],[6],[10]
Original Acquisition Date	[1],[2],[6],[10]	Feb. 03, 2022		Feb. 03, 2022
Fair Value	[1],[2],[3],[6],[10]
% of Net Assets	[1],[2],[6],[10]	0%		0%
Total Employee Collaboration Software [Member] | Axero Holdings, LLC Three [Member]
Non-control/Non-affiliate investments - 231.7% (b)
Cost	[1],[2],[4],[10]	$ 2,000,000		$ 2,000,000
Principal/ Number of Shares	[1],[2],[4],[10]	$ 2,000,000		$ 2,000,000
Original Acquisition Date	[1],[2],[4],[10]	Jun. 30, 2021		Jun. 30, 2021
Fair Value	[1],[2],[3],[4],[10]	$ 2,425,000		$ 2,198,000
% of Net Assets	[1],[2],[4],[10]	0.70%		0.50%
Total Employee Collaboration Software [Member] | Axero Holdings, LLC Four [Member]
Non-control/Non-affiliate investments - 231.7% (b)
Cost	[1],[2],[4],[10]	$ 2,000,000		$ 2,000,000
Principal/ Number of Shares	[1],[2],[4],[10]	$ 2,000,000		$ 2,000,000
Original Acquisition Date	[1],[2],[4],[10]	Jun. 30, 2021		Jun. 30, 2021
Fair Value	[1],[2],[3],[4],[10]	$ 3,446,470		$ 2,318,996
% of Net Assets	[1],[2],[4],[10]	1%		0.70%
Sub Total Affiliate investments [Member]
Non-control/Non-affiliate investments - 231.7% (b)
Cost	[1],[2]	$ 90,180,944		$ 46,224,927
Fair Value	[1],[2],[3]	$ 96,051,664		$ 48,234,124
% of Net Assets	[1],[2]	28.60%		13.50%
Total­ I­T ­Services One ­[Member]
Non-control/Non-affiliate investments - 231.7% (b)
Cost	[1],[2]	$ 33,419,182		$ 27,160,231
Fair Value	[1],[2],[3]	$ 42,394,225		$ 37,803,746
% of Net Assets	[1],[2]	12.70%		10.50%
Total­ I­T ­Services One ­[Member] | Netreo Holdings, LLC [Member]
Non-control/Non-affiliate investments - 231.7% (b)
Cost	[1],[2],[11]	$ 5,491,258		$ 5,409,201
Principal/ Number of Shares	[1],[2],[11]	$ 5,511,426		$ 5,432,440
Original Acquisition Date	[1],[2],[11]	Jul. 03, 2018		Jul. 03, 2018
Fair Value	[1],[2],[3],[11]	$ 5,414,976		$ 5,421,575
% of Net Assets	[1],[2],[11]	1.60%		1.40%
Total­ I­T ­Services One ­[Member] | Netreo Holdings, LLC One [Member]
Non-control/Non-affiliate investments - 231.7% (b)
Cost	[1],[2],[6],[7],[11]	$ 19,583,424		$ 13,406,530
Principal/ Number of Shares	[1],[2],[6],[7],[11]	$ 19,661,882		$ 13,433,515
Original Acquisition Date	[1],[2],[6],[7],[11]	May 26, 2020		May 26, 2020
Fair Value	[1],[2],[3],[6],[7],[11]	$ 19,317,799		$ 13,406,648
% of Net Assets	[1],[2],[6],[7],[11]	5.80%		3.80%
Total­ I­T ­Services One ­[Member] | Netreo Holdings, LLC Two [Member]
Non-control/Non-affiliate investments - 231.7% (b)
Cost	[1],[2],[4],[11]	$ 8,344,500		$ 8,344,500
Principal/ Number of Shares	[1],[2],[4],[11]	$ 4,600,677		$ 4,600,677
Original Acquisition Date	[1],[2],[4],[11]	Jul. 03, 2018		Jul. 03, 2018
Fair Value	[1],[2],[3],[4],[11]	$ 17,661,450		$ 18,975,523
% of Net Assets	[1],[2],[4],[11]	5.30%		5.30%
Total Structured Finance Securities [Member]
Non-control/Non-affiliate investments - 231.7% (b)
Cost	[1],[2]	$ 50,736,856		$ 41,648,125	[8]
Fair Value	[1],[2],[3]	$ 38,899,446		$ 38,029,905	[8]
% of Net Assets	[1],[2]	11.60%		10.70%	[8]
Total Structured Finance Securities [Member] | Saratoga Investment Corp. CLO 2013-1, Ltd. [Member]
Non-control/Non-affiliate investments - 231.7% (b)
Cost	[1],[2],[8],[11],[12]	$ 29,969,356		$ 32,273,125
Principal/ Number of Shares	[1],[2],[8],[11],[12]	$ 111,000,000		$ 111,000,000
Original Acquisition Date	[1],[2],[8],[11],[12]	Jan. 22, 2008		Jan. 22, 2008
Fair Value	[1],[2],[3],[8],[11],[12]	$ 19,427,844		$ 28,654,905
% of Net Assets	[1],[2],[8],[11],[12]	5.80%		8.10%
Total Structured Finance Securities [Member] | Saratoga Investment Corp. CLO 2013-1, Ltd. Class F-2-R-3 Note [Member]
Non-control/Non-affiliate investments - 231.7% (b)
Cost	[1],[2],[8],[11]	$ 9,375,000		$ 9,375,000
Principal/ Number of Shares	[1],[2],[8],[11]	$ 9,375,000		$ 9,375,000
Original Acquisition Date	[1],[2],[8],[11]	Aug. 09, 2021		Aug. 09, 2021
Fair Value	[1],[2],[3],[8],[11]	$ 8,501,620		$ 9,375,000
% of Net Assets	[1],[2],[8],[11]	2.50%		2.60%
Total Investment Fund [Member]
Non-control/Non-affiliate investments - 231.7% (b)
Cost	[1],[2]	$ 35,202,440
Fair Value	[1],[2],[3]	$ 26,781,655
% of Net Assets	[1],[2]	7.90%
Total Investment Fund [Member] | Saratoga Senior Loan Fund I JV, LLC Class E Note [Member]
Non-control/Non-affiliate investments - 231.7% (b)
Cost	[1],[2],[8],[11]	$ 11,392,500
Principal/ Number of Shares	[1],[2],[8],[11]	$ 12,250,000
Original Acquisition Date	[1],[2],[8],[11]	Oct. 28, 2022
Fair Value	[1],[2],[3],[8],[11]	$ 10,969,982
% of Net Assets	[1],[2],[8],[11]	3.30%
Total Investment Fund [Member] | Saratoga Senior Loan Fund I JV LLC [Member]
Non-control/Non-affiliate investments - 231.7% (b)
Cost	[1],[2],[6],[8],[11]	$ 17,618,954
Principal/ Number of Shares	[1],[2],[6],[8],[11]	$ 17,618,954
Original Acquisition Date	[1],[2],[6],[8],[11]	Feb. 17, 2022
Fair Value	[1],[2],[3],[6],[8],[11]	$ 17,618,954
% of Net Assets	[1],[2],[6],[8],[11]	5.20%
Total Investment Fund [Member] | Saratoga Senior Loan Fund I JV, LLC [Member]
Non-control/Non-affiliate investments - 231.7% (b)
Cost	[1],[2],[8],[11]	$ 17,583,486
Principal/ Number of Shares	[1],[2],[8],[11]	$ 17,583,486
Original Acquisition Date	[1],[2],[8],[11]	Feb. 17, 2022
Fair Value	[1],[2],[3],[8],[11]	$ 9,162,701
% of Net Assets	[1],[2],[8],[11]	2.70%
Sub Total Control investments [Member]
Non-control/Non-affiliate investments - 231.7% (b)
Cost	[1],[2]	$ 119,358,478		$ 95,058,356
Fair Value	[1],[2],[3]	$ 108,075,326		$ 100,974,715
% of Net Assets	[1],[2]	32.20%		28.30%
Total Investments [Member]
Non-control/Non-affiliate investments - 231.7% (b)
Cost	[1],[2]	$ 986,483,137		$ 796,248,327
Fair Value	[1],[2],[3]	$ 982,034,052		$ 817,567,355
% of Net Assets	[1],[2]	292.50%		229.20%
Total Consumer Products [Member]
Non-control/Non-affiliate investments - 231.7% (b)
Cost	[1],[2]			$ 1,589,630
Fair Value	[1],[2],[3]			$ 692,535
% of Net Assets	[1],[2]			0.20%
Total Consumer Products [Member] | Targus Holdings, Inc. [Member]
Non-control/Non-affiliate investments - 231.7% (b)
Cost	[1],[2],[4]			$ 1,589,630
Principal/ Number of Shares	[1],[2],[4]			$ 210,456
Original Acquisition Date	[1],[2],[4]			Dec. 31, 2009
Fair Value	[1],[2],[3],[4]			$ 692,535
% of Net Assets	[1],[2],[4]			0.20%
Total Dental Practice Management Software [Member]
Non-control/Non-affiliate investments - 231.7% (b)
Cost	[1],[2]			$ 29,943,852
Fair Value	[1],[2],[3]			$ 35,038,340
% of Net Assets	[1],[2]			9.90%
Total Dental Practice Management Software [Member] | PDDS Buyer, LLC [Member]
Non-control/Non-affiliate investments - 231.7% (b)
Cost	[1],[2],[7]			$ 27,943,852
Principal/ Number of Shares	[1],[2],[7]			$ 28,000,000
Original Acquisition Date	[1],[2],[7]			Jul. 15, 2019
Fair Value	[1],[2],[3],[7]			$ 27,938,400
% of Net Assets	[1],[2],[7]			7.90%
Total Dental Practice Management Software [Member] | PDDS Buyer, LLC One [Member]
Non-control/Non-affiliate investments - 231.7% (b)
Cost	[1],[2],[4]			$ 2,000,000
Principal/ Number of Shares	[1],[2],[4]			$ 1,755,831
Original Acquisition Date	[1],[2],[4]			Aug. 10, 2020
Fair Value	[1],[2],[3],[4]			$ 7,099,940
% of Net Assets	[1],[2],[4]			2%
Total Healthcare Products Manufacturing [Member]
Non-control/Non-affiliate investments - 231.7% (b)
Cost	[1],[2]			$ 380,353
Fair Value	[1],[2],[3]			$ 714,271
% of Net Assets	[1],[2]			0.20%
Total Healthcare Products Manufacturing [Member] | Ohio Medical, LLC [Member]
Non-control/Non-affiliate investments - 231.7% (b)
Cost	[1],[2],[4]			$ 380,353
Principal/ Number of Shares	[1],[2],[4]			$ 5,000
Original Acquisition Date	[1],[2],[4]			Jan. 15, 2016
Fair Value	[1],[2],[3],[4]			$ 714,271
% of Net Assets	[1],[2],[4]			0.20%
Total Marketing Services [Member]
Non-control/Non-affiliate investments - 231.7% (b)
Cost	[1],[2]			$ 17,112,525
Fair Value	[1],[2],[3]			$ 17,327,280
% of Net Assets	[1],[2]			4.90%
Total Marketing Services [Member] | inMotionNow, Inc. [Member]
Non-control/Non-affiliate investments - 231.7% (b)
Cost	[1],[2]			$ 12,139,533
Principal/ Number of Shares	[1],[2]			$ 12,200,000
Original Acquisition Date	[1],[2]			May 15, 2019
Fair Value	[1],[2],[3]			$ 12,290,280
% of Net Assets	[1],[2]			3.50%
Total Marketing Services [Member] | inMotionNow, Inc. One [Member]
Non-control/Non-affiliate investments - 231.7% (b)
Cost	[1],[2],[7]			$ 4,972,992
Principal/ Number of Shares	[1],[2],[7]			$ 5,000,000
Original Acquisition Date	[1],[2],[7]			May 15, 2019
Fair Value	[1],[2],[3],[7]			$ 5,037,000
% of Net Assets	[1],[2],[7]			1.40%
Total Investment Fund [Member]
Non-control/Non-affiliate investments - 231.7% (b)
Cost	[1],[2]			$ 26,250,000
Fair Value	[1],[2],[3]			$ 25,141,064
% of Net Assets	[1],[2]			7.10%
Total Investment Fund [Member] | Saratoga Senior Loan Fund I JV, LLC [Member]
Non-control/Non-affiliate investments - 231.7% (b)
Cost	[1],[2],[6],[8],[11]			$ 13,125,000
Principal/ Number of Shares	[1],[2],[6],[8],[11]			$ 13,125,000
Original Acquisition Date	[1],[2],[6],[8],[11]			Feb. 17, 2022
Fair Value	[1],[2],[3],[6],[8],[11]			$ 13,125,000
% of Net Assets	[1],[2],[6],[8],[11]			3.70%
Total Investment Fund [Member] | Saratoga Senior Loan Fund I JV, LLC One [Member]
Non-control/Non-affiliate investments - 231.7% (b)
Cost	[1],[2],[6],[8],[11]			$ 13,125,000
Principal/ Number of Shares	[1],[2],[6],[8],[11]			$ 13,125,000
Original Acquisition Date	[1],[2],[6],[8],[11]			Feb. 17, 2022
Fair Value	[1],[2],[3],[6],[8],[11]			$ 12,016,064
% of Net Assets	[1],[2],[6],[8],[11]			3.40%
[1]Percentages are based on net assets of $335,763,600 as of November 30, 2022.[2]Securities are exempt from registration under Rule 144A of the Securities Act of 1933, as amended, and are restricted securities.[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]Non-income producing at November 30, 2022.[5]Includes securities issued by an affiliate of the company.[6]All or a portion of this investment has an unfunded commitment as of November 30, 2022. (See Note 9 to the consolidated financial statements).[7]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).[8]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 November 30, 2022, non-qualifying assets represent 8.6% 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.[9]As of November 30, 2022, the investment was on non-accrual status. The fair value of these investments was approximately $9.7 million, which represented 2.9% of the Company's portfolio (see Note 2 to the consolidated financial statements).[10]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 nine months ended November 30, 2022 in which the issuer was an affiliate are as follows:[11]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 nine months ended November 30, 2022 in which the issuer was both an affiliate and a portfolio company that we control are as follows:[12]This investment does not have a stated interest rate that is payable thereon. As a result, the 0.00% 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] - $ / shares	9 Months Ended		12 Months Ended
	Nov. 30, 2022		Feb. 28, 2022
Investment maturity date	Feb. 18, 2028		Sep. 01, 2023
PIK rate			1%
ActiveProspect, Inc. [Member]
Investment interest rate	$ 10.78
Artemis Wax Corp. Two [Member]
Investment maturity date	May 20, 2026
Total Alternative Investment Management Software [Member] | Altvia MidCo, LLC [Member]
Investment variable rate	8.50%
Investment interest rate	$ 12.91
Investment maturity date	Jul. 18, 2027
Total Dental Practice Management [Member] | New England Dental Partners [Member]
Investment variable rate	8%		8%
Investment interest rate	$ 12.78		$ 8.5
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	$ 12.78		$ 8.5
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	$ 9.89
Investment maturity date	Mar. 16, 2027
Total Direct Selling Software One [Member] | Exigo, LLC One [Member]
Investment variable rate	5.75%
Investment interest rate	$ 9.89
Investment maturity date	Mar. 16, 2027
Total Direct Selling Software Two [Member] | Exigo, LLC Two [Member]
Investment variable rate	5.75%
Investment interest rate	$ 9.89
Investment maturity date	Mar. 16, 2027
Total Education Services [Member] | C2 Educational Systems [Member]
Investment variable rate	8.50%		8.50%
Investment interest rate	$ 13.28		$ 10
Investment maturity date	May 31, 2023		May 31, 2023
Total Education Services [Member] | Zollege PBC [Member]
Investment variable rate			5.50%
Investment interest rate			$ 6.5
Total Education Services [Member] | Zollege PBC One [Member]
Investment variable rate			5.50%
Investment interest rate			$ 6.5
Total Education Services [Member] | Identity Automation Systems [Member]
Investment variable rate			9.24%
Investment interest rate			$ 10.99
Investment maturity date			May 08, 2024
Total Education Services Two [Member] | Zollege PBC [Member]
Investment variable rate	5.50%
Investment interest rate	$ 10.28
Investment maturity date	May 11, 2026
Total Education Services Three [Member] | Zollege PBC One [Member]
Investment variable rate	5.50%
Investment interest rate	$ 10.28
Investment maturity date	May 11, 2026
Total Education Software [Member] | GoReact [Member]
Investment variable rate	7.50%		7.50%
Investment interest rate	$ 12.28		$ 9.5
Investment maturity date	Jan. 17, 2025		Jan. 17, 2025
Total Education Software [Member] | GoReact One [Member]
Investment variable rate			7.50%
Investment interest rate			$ 9.5
Investment maturity date			Jan. 17, 2025
Total Education Software [Member] | Ready Education [Member]
Investment variable rate	6%
Investment interest rate	$ 10.41
Investment maturity date	Aug. 05, 2027
Total Education Software One [Member] | GoReact One [Member]
Investment variable rate	7.50%
Investment interest rate	$ 12.28
Investment maturity date	Jan. 17, 2025
Total Field Service Management [Member] | Davisware, LLC [Member]
Investment variable rate	7%		7%
Investment interest rate	$ 11.78		$ 9
Investment maturity date	Jul. 31, 2024		Jul. 31, 2024
Total Field Service Management [Member] | Davisware, LLC One [Member]
Investment variable rate			7%
Investment interest rate			$ 9
Investment maturity date			Jul. 31, 2024
Field Service Management One [Member] | Davisware, LLC One [Member]
Investment variable rate	7%
Investment interest rate	$ 11.78
Investment maturity date	Jul. 31, 2024
Total Financial Services [Member] | B. Riley Financial, Inc. [Member]
Investment variable rate	6.75%
Investment maturity date	May 31, 2024
Total Financial Services [Member] | GDS Software Holdings, LLC [Member]
Investment variable rate	7%		7%
Investment interest rate	$ 11.78		$ 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	$ 11.78		$ 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	$ 12.28		$ 8.5
Investment maturity date	Dec. 15, 2026		Dec. 15, 2026
Total Financial Services Software [Member] | Ascend Software, LLC One [Member]
Investment variable rate	7.50%		7.50%
Investment interest rate	$ 12.28		$ 8.5
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	$ 11.03		$ 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	$ 12.66		$ 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	$ 12.66		$ 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	$ 10.28		$ 6.5
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	$ 10.28		$ 6.5
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	$ 12.28		$ 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	$ 12.28		$ 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	$ 12.78		$ 10
Investment maturity date	May 09, 2024		May 09, 2024
Total Hospitality/Hotel [Member] | Sceptre Hospitality Resources, LLC [Member]
Investment variable rate	7.25%		8%
Investment interest rate	$ 11.66		$ 9
Investment maturity date	Sep. 02, 2026		Sep. 02, 2026
Total Hospitality/Hotel [Member] | Sceptre Hospitality Resources, LLC One [Member]
Investment variable rate	7.25%		8%
Investment interest rate	$ 11.66		$ 9
Investment maturity date	Sep. 02, 2026		Sep. 02, 2026
Total HVAC Services and Sales [Member] | Granite Comfort, LP [Member]
Investment variable rate	8.02%		8%
Investment interest rate	$ 12.43		$ 9
Investment maturity date	Nov. 16, 2025		Nov. 16, 2025
Total HVAC Services and Sales [Member] | Granite Comfort, LP One [Member]
Investment variable rate	8.02%		8%
Investment interest rate	$ 12.43		$ 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	$ 11.28		$ 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	$ 11.97		$ 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	$ 9.78		$ 6
Investment maturity date	May 17, 2023		May 17, 2023
Total Lead management Software [Member] | ActiveProspect, Inc. One [Member]
Investment variable rate	6%
Investment interest rate	$ 10.78
Investment maturity date	Aug. 08, 2027
Total Lead management Software [Member] | ActiveProspect, Inc. [Member]
Investment variable rate	6%
Investment maturity date	Aug. 08, 2027
Total Legal Software [Member] | Centerbase, LLC [Member]
Investment variable rate	7.75%		7.50%
Investment interest rate	$ 11.88		$ 8.5
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	$ 9.64		$ 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	$ 9.64		$ 6.75
Investment maturity date	Nov. 22, 2026		Nov. 22, 2026
Total Mental Healthcare Services [Member] | ARC Health OpCo LLC [Member]
Investment variable rate	8.49%
Investment interest rate	$ 12.9
Investment maturity date	Aug. 05, 2027
Total Mental Healthcare Services [Member] | ARC Health OpCo LLC One [Member]
Investment variable rate	8.49%
Investment interest rate	$ 12.9
Investment maturity date	Aug. 05, 2027
Total Mentoring Software [Member] | Chronus LLC [Member]
Investment variable rate	5.25%		5.25%
Investment interest rate	$ 10.03		$ 6.25
Investment maturity date	Aug. 26, 2026		Aug. 26, 2026
Total Mentoring Software [Member] | Chronus LLC One [Member]
Investment variable rate	6%
Investment interest rate	$ 10.78
Investment maturity date	Aug. 26, 2026
Total Non-profit Services [Member] | Omatic Software, LLC [Member]
Investment variable rate	8%		8%
Investment interest rate	$ 12.41		$ 9.75
Investment maturity date	May 29, 2023		May 29, 2023
Total Office Supplies [Member] | HemaTerra Holding Company, LLC One [Member]
Investment maturity date	Dec. 28, 2022
Total Office Supplies [Member] | Emily Street Enterprises, L.L.C. [Member]
Investment variable rate	8.50%		8.50%
Investment interest rate	$ 13.28		$ 10
Investment maturity date	Feb. 28, 2023		Dec. 31, 2023
Total Office Supplies [Member] | Emily Street Enterprises, L.L.C. One [Member]
Investment maturity date			Dec. 28, 2022
Total Payroll Services [Member] | Apex Holdings Software Technologies, LLC [Member]
Investment variable rate	8%		8%
Investment interest rate	$ 12.78		$ 9
Investment maturity date			Sep. 21, 2024
Total Real Estate Services [Member] | Apex Holdings Software Technologies, LLC [Member]
Investment maturity date	Sep. 21, 2024
Total Real Estate Services [Member] | Buildout, Inc. [Member]
Investment variable rate	7%		7%
Investment interest rate	$ 11.78		$ 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	$ 11.78		$ 8
Investment maturity date	Jul. 09, 2025	[1]	Jul. 09, 2025
Total Research Software [Member] | Wellspring Worldwide Inc. [Member]
Investment variable rate	7.25%
Investment interest rate	$ 11.84
Investment maturity date	Jun. 27, 2027
Total Restaurant [Member] | LFR Chicken LLC [Member]
Investment variable rate	7%		7%
Investment interest rate	$ 11.14		$ 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	$ 11.14		$ 8
Investment maturity date	Nov. 19, 2026		Nov. 19, 2026
Total Restaurant [Member] | TMAC Acquisition Co., LLC [Member]
Investment interest rate	$ 8		$ 8
Investment maturity date	Sep. 01, 2023
Total Specialty Food Retailer [Member] | Pepper Palace, Inc [Member]
Investment variable rate	6.25%		6.25%
Investment interest rate	$ 11.03		$ 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	$ 11		$ 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	$ 11.03		$ 7.25
Investment maturity date	Jun. 30, 2026		Jun. 30, 2026
Total Specialty Food Retailer [Member] | ArbiterSports, LLC [Member]
Investment variable rate	6.50%
Investment interest rate	$ 11.28
Investment maturity date	Feb. 21, 2025
Total Sports Management [Member] | ArbiterSports, LLC [Member]
Investment variable rate			6.50%
Investment interest rate			$ 8.25
Investment maturity date			Feb. 21, 2025
Total Sports Management [Member] | ArbiterSports, LLC One [Member]
Investment variable rate	6.50%		6.50%
Investment interest rate	$ 11.28		$ 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	$ 13.28
Investment maturity date	May 02, 2027
Total Talent Acquisition Software [Member] | JDXpert One [Member]
Investment variable rate	8.50%
Investment interest rate	$ 13.28
Investment maturity date	May 02, 2027
Total Talent Acquisition Software [Member] | Jobvite, Inc. [Member]
Investment variable rate	8%		7.50%
Investment interest rate	$ 12.7		$ 8.5
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. Three [Member]
Investment variable rate	9%
Investment interest rate	$ 13.14
Investment maturity date	May 20, 2026
Total Consumer Services [Member] | Artemis Wax Corp. One [Member]
Investment variable rate	6.50%
Investment interest rate	$ 10.64
Investment maturity date	May 20, 2026
Total Consumer Services [Member] | Artemis Wax Corp. Two [Member]
Investment variable rate	7.50%
Investment interest rate	$ 11.64
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	$ 13.78
Investment maturity date	Aug. 18, 2027
PIK rate	15%
Total Employee Collaboration Software [Member] | Axero Holdings, LLC [Member]
Investment variable rate	10%		10%
Investment interest rate	$ 14.78		$ 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	$ 14.78		$ 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	$ 14.78		$ 11
Investment maturity date	Jun. 30, 2026		Jun. 30, 2026
Total­ I­T ­Services One ­[Member] | Netreo Holdings, LLC [Member]
Investment variable rate	6.50%		8%
Investment interest rate	$ 11.28		$ 9
Investment maturity date	Dec. 31, 2025		Dec. 31, 2025
PIK rate	2%
Total­ I­T ­Services One ­[Member] | Netreo Holdings, LLC One [Member]
Investment variable rate	6.50%		8%
Investment interest rate	$ 11.28		$ 9
Investment maturity date	Dec. 31, 2025		Dec. 31, 2025
PIK rate	2%
Total Structured Finance Securities [Member] | Saratoga Investment Corp. CLO 2013-1, Ltd. [Member]
Investment interest rate	$ 9.27		$ 9.27
Investment maturity date	Apr. 20, 2023		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%		10%
Investment interest rate	$ 14.78		$ 10.17
Investment maturity date	Apr. 20, 2023		Apr. 20, 2033
Total Investment Fund [Member] | Saratoga Senior Loan Fund I JV, LLC Class E Note [Member]
Investment variable rate	8.55%
Investment interest rate	$ 12.96
Investment maturity date	Oct. 20, 2033
Total Investment Fund [Member] | Saratoga Senior Loan Fund I JV LLC [Member]
Investment interest rate	$ 10
Investment maturity date	Jun. 15, 2023
Total Investment Fund [Member] | Saratoga Senior Loan Fund I JV, LLC [Member]
Investment variable rate			10%
Investment maturity date			Jun. 15, 2023
Total Investments [Member]
Investment interest rate	$ 292.5
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 Marketing Services [Member] | inMotionNow, Inc. [Member]
Investment variable rate			7.50%
Investment interest rate			$ 10
Investment maturity date			May 15, 2024
Total Marketing Services [Member] | inMotionNow, Inc. One [Member]
Investment variable rate			7.50%
Investment interest rate			$ 10
Investment maturity date			May 15, 2024
[1]Securities are exempt from registration under Rule 144A of the Securities Act of 1933, as amended, and are restricted securities.

Schedule of cash and cash equiv

Schedule of cash and cash equivalents and cash and cash equivalents - USD ($)	Nov. 30, 2022	[1]	Feb. 28, 2022	[2]
Cash and cash equivalents and cash and cash equivalents, reserve accounts - 14.0% (b)
Cost	$ 47,047,642		$ 52,870,342
Number of Shares (in Shares)	47,047,642		52,870,342
% of Net Assets	14%		14.90%
Fair Value	$ 47,047,642		$ 52,870,342
U.S. Bank Money Market [Member]
Cash and cash equivalents and cash and cash equivalents, reserve accounts - 14.0% (b)
Cost	$ 47,047,642	[3]	$ 52,870,342	[4]
Number of Shares (in Shares)	47,047,642	[3]	52,870,342	[4]
% of Net Assets	14%	[3]	14.90%	[4]
Fair Value	$ 47,047,642	[3]	$ 52,870,342	[4]
[1]Percentages are based on net assets of $335,763,600 as of November 30, 2022.[2] Percentages are based on net assets of $355,780,523 as of February 28, 2022. Securities are exempt from registration under Rule 144A of the Securities Act of 1933, as amended, and are restricted securities.

Schedule of transactions relate

Schedule of transactions related to affiliates - USD ($)	9 Months Ended	12 Months Ended
	Nov. 30, 2022	Feb. 28, 2022
Affiliate [Member]
Net Change in Unrealized Appreciation (Depreciation)		$ (26,836)
Net Realized Gain (Loss) from Investments		7,328,457
Sales		(26,428,457)
Purchases		54,555,000
Management Fee Income
Total Interest from Investments		3,308,470
Affiliate [Member] | Saratoga CLO [Member]
Net Change in Unrealized Appreciation (Depreciation)	$ 3,861,524
Net Realized Gain (Loss) from Investments
Sales
Purchases	43,409,000
Management Fee Income
Total Interest from Investments	4,508,476
Affiliate [Member] | Artemis Wax Corp.[Member]
Net Change in Unrealized Appreciation (Depreciation)		1,460,287
Net Realized Gain (Loss) from Investments
Sales
Purchases		36,200,000
Management Fee Income
Total Interest from Investments		1,919,100
Affiliate [Member] | Artemis Wax Corp.[Member] | Saratoga CLO [Member]
Net Change in Unrealized Appreciation (Depreciation)	2,452,903
Net Realized Gain (Loss) from Investments
Sales
Purchases	27,440,000
Management Fee Income
Total Interest from Investments	3,418,378
Affiliate [Member] | Axero Holdings, LLC [Member]
Net Change in Unrealized Appreciation (Depreciation)		548,910
Net Realized Gain (Loss) from Investments
Sales
Purchases		9,445,000
Management Fee Income
Total Interest from Investments		416,092
Affiliate [Member] | Axero Holdings, LLC [Member] | Saratoga CLO [Member]
Net Change in Unrealized Appreciation (Depreciation)	1,411,823
Net Realized Gain (Loss) from Investments
Sales
Purchases	1,089,000
Management Fee Income
Total Interest from Investments	609,408
Affiliate [Member] | ETU Holdins, Inc. [Member] | Saratoga CLO [Member]
Net Change in Unrealized Appreciation (Depreciation)	(3,202)
Net Realized Gain (Loss) from Investments
Sales
Purchases	14,880,000
Management Fee Income
Total Interest from Investments	480,690
Affiliate [Member] | GreyHeller, LLC [Member]
Net Change in Unrealized Appreciation (Depreciation)		(3,102,569)
Net Realized Gain (Loss) from Investments		7,328,457
Sales		(26,428,457)
Purchases		8,910,000
Management Fee Income
Total Interest from Investments		973,278
Affiliate [Member] | Top Gun [Member]
Net Change in Unrealized Appreciation (Depreciation)		1,066,536
Net Realized Gain (Loss) from Investments
Sales
Purchases
Management Fee Income
Total Interest from Investments
Control [Member]
Net Change in Unrealized Appreciation (Depreciation)	(17,199,510)	2,271,639
Net Realized Gain (Loss) from Investments		(139,867)
Management Fee Income	2,451,242	3,262,591
Total Interest from Investments	4,991,311	7,672,863
Sales		(26,375,000)
Purchases	26,304,940	61,199,500
Control [Member] | Netreo Holdings, LLC [Member]
Net Change in Unrealized Appreciation (Depreciation)	(1,668,472)	5,055,909
Net Realized Gain (Loss) from Investments
Management Fee Income
Total Interest from Investments	1,695,950	1,814,735
Sales
Purchases	5,960,000	17,074,500
Control [Member] | Saratoga Investment Corp. CLO 2013-1, Ltd. [Member]
Net Change in Unrealized Appreciation (Depreciation)	(6,923,291)	(1,221,309)
Net Realized Gain (Loss) from Investments
Management Fee Income	2,451,242	3,262,591
Total Interest from Investments	1,228,486	4,372,958
Sales
Purchases
Control [Member] | Saratoga Investment Corp Senior Loan Fund 2022-1, Ltd. [Member]
Net Change in Unrealized Appreciation (Depreciation)	(422,518)
Net Realized Gain (Loss) from Investments
Management Fee Income
Total Interest from Investments	148,285
Sales
Purchases	11,392,500
Control [Member] | Saratoga Investment Corp. CLO 2013-1, Ltd. Class F-2-R-3 Note [Member]
Net Change in Unrealized Appreciation (Depreciation)	(873,380)
Net Realized Gain (Loss) from Investments
Management Fee Income
Total Interest from Investments	855,965	539,564
Sales
Purchases		9,375,000
Control [Member] | Saratoga Senior Loan Fund I JV, LLC [Member]
Net Change in Unrealized Appreciation (Depreciation)
Net Realized Gain (Loss) from Investments
Management Fee Income
Total Interest from Investments	1,062,625	126,389
Sales
Purchases	4,493,954	13,125,000
Control [Member] | Saratoga Senior Loan Fund I JV, LLC One [Member]
Net Change in Unrealized Appreciation (Depreciation)	(7,311,849)	(1,108,936)
Net Realized Gain (Loss) from Investments
Management Fee Income
Total Interest from Investments
Sales
Purchases	$ 4,458,486	13,125,000
Control [Member] | Saratoga Investment Corp. CLO 2013-1, Ltd. Class F-R-3 Note [Member]
Net Change in Unrealized Appreciation (Depreciation)		(454,025)
Net Realized Gain (Loss) from Investments
Management Fee Income
Total Interest from Investments		814,431
Sales		(17,875,000)
Purchases
Control [Member] | Saratoga Investment Corp. CLO 2013-1, Ltd. Class F-1-R-3 Note [Member]
Net Change in Unrealized Appreciation (Depreciation)
Net Realized Gain (Loss) from Investments		(139,867)
Management Fee Income
Total Interest from Investments		4,786
Sales		(8,500,000)
Purchases		$ 8,500,000

N-2

N-2	9 Months Ended
	Nov. 30, 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

Organization

Organization	9 Months Ended
	Nov. 30, 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. On September 29, 2022, our wholly owned subsidiary, Saratoga Investment Corp. SBIC III LP (“SBIC III LP”), also received an SBIC license from the SBA. SBIC LP’s license provided up to $150.0 million in additional long-term capital in the form of SBA debentures, while SBIC II LP’s and SBIC III LP’s SBIC licenses provide up to $175.0 million each. 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. 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 2022-1 Ltd. (“SLF 2022”), which is a wholly owned subsidiary of SLF JV. SLF 2022 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. On October 28, 2022, SLF 2022 issued $402.1 million of debt (the “2022 JV CLO Notes”) through a collateralized loan obligation trust (the “JV CLO trust”). The 2022 JV CLO Notes were issued pursuant to an indenture, dated October 28, 2022 (the “JV Indenture”), with U.S. Bank Trust Company, National Association (as successor in interest to U.S. Bank National Association) (the “Trustee”) servicing as the trustee.

Summary of Significant Accounti

Summary of Significant Accounting Policies	9 Months Ended
	Nov. 30, 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., SIA-Vector, Inc. and SIA-VR, 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, SBIC II LP, and SBIC III 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 November 30, 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 Encina Credit Facility within SIF II, our wholly owned subsidiary. 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 Encina Credit Facility. 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 SBIC LP, SBIC II LP, and SBIC III LP, our wholly owned subsidiaries. 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: November 30, November 30, Cash and cash equivalents $ 5,672,012 $ 120,881,990 Cash and cash equivalents, reserve accounts 41,375,630 23,186,481 Total cash and cash equivalents and cash and cash equivalents, reserve accounts $ 47,047,642 $ 144,068,471 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”), the Class F-2-R-3 Notes tranche of the Saratoga CLO, and the Class E Notes tranche of the SLF 2022 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 (“NAV”), 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 NAV 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 had 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 November 30, 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, SBIC II LP, and SBIC III 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	9 Months Ended
	Nov. 30, 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 November 30, 2022 (dollars in thousands), according to the fair value hierarchy: Fair Value Measurements Valued Using Level 1 Level 2 Level 3 Value* Total First lien term loans $ - $ - $ 804,242 $ - $ 804,242 Second lien term loans - - 23,780 - 23,780 Unsecured term loans 164 - 20,435 - 20,599 Structured finance securities - - 38,900 - 38,900 Equity interests - - 85,350 9,163 94,513 Total $ 164 $ - $ 972,707 $ 9,163 $ 982,034 * The Company’s equity investment in SLF JV is measured using the proportionate share of the NAV, 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 Using Level 1 Level 2 Level 3 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 NAV, 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 nine months ended November 30, 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 244 90 - (2,159 ) 451 (1,374 ) Net accretion of discount on investments 1,262 (17 ) - - - 1,245 Net change in unrealized appreciation (depreciation) on investments (12,049 ) (663 ) 10 (8,219 ) 2,467 (18,454 ) Purchases 309,022 4,950 4,494 11,393 10,606 340,465 Sales and repayments (125,972 ) (24,966 ) - (145 ) (11,009 ) (162,092 ) Net realized gain (loss) from investments 163 - - - 7,203 7,366 Balance as of November 30, 2022 $ 804,242 $ 23,780 $ 20,435 $ 38,900 $ 85,350 $ 972,707 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 $ (12,318 ) $ (705 ) $ 10 $ (8,219 ) $ 15,042 $ (6,190 ) 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 nine months ended November 30, 2022. The following table provides a reconciliation of the beginning and ending balances for investments that use Level 3 inputs for the nine months ended November 30, 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 309 70 498 (546 ) 790 1,121 Net accretion of discount on investments 1,346 22 - - - 1,368 Net change in unrealized appreciation (depreciation) on investments 2,292 (431 ) 99 (68 ) 12,254 14,146 Purchases 226,786 19,825 - - 47,143 293,754 Sales and repayments (165,570 ) - - (8,360 ) (42,307 ) (216,237 ) Net realized gain (loss) from investments - - - (140 ) 13,468 13,328 Balance as of November 30, 2021 $ 505,619 $ 44,416 $ 2,738 $ 40,665 $ 68,355 $ 661,793 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 $ 3,597 $ (431 ) $ 99 $ 386 $ 11,837 $ 15,488 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 nine months ended November 30, 2021. The valuation techniques and significant unobservable inputs used in recurring Level 3 fair value measurements of assets as of November 30, 2022 were as follows (dollars in thousands): Fair Value Valuation Technique Unobservable Input Range Weighted First lien term loans $ 804,242 Market Comparables Market Yield (%) 9.7% - 22.4% 12.4% Revenue Multiples (x) 4.1x - 4.6x 4.4x EBITDA Multiples (x) 14.5x – 16.0x 15.6x Second lien term loans 23,780 Market Comparables Market Yield (%) 15.3% - 54.0% 40.8% EBITDA Multiples (x) 5.7x - 5.7x 5.7x Unsecured term loans 20,435 Market Comparables Market Yield (%) 10.0% - 25.6% 12.2% Collateral Value Coverage Net Asset Value 100.0% 100.0% Structured finance securities 38,900 Discounted Cash Flow Discount Rate (%) 13.0% - 22.0% 17.8% Recovery Rate (%) 35% - 70% 70.0% Prepayment Rate (%) 20.0% 20.0% Equity interests 85,350 Enterprise Value Waterfall EBITDA Multiples (x) 5.0x - 26.6x 9.8x Revenue Multiples (x) 1.3x - 11.7x 6.4x Total $ 972,707 * 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 First lien term loans $ 631,572 Market Comparables Market Yield (%) 6.0% - 11.3% 8.4% Revenue Multiples (x) 3.5x 3.5x Second lien term loans 44,386 Market Comparables Market Yield (%) 8.9% - 32.9% 15.6% EBITDA Multiples (x) 7.5x 7.5x Unsecured term loans 15,931 Market Comparables Market Yield (%) 22.3% 22.3% Collateral Value Coverage 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 - 28.6x 9.3x Revenue Multiples (x) 1.0x - 11.7x 6.6x 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 November 30, 2022 at amortized cost and fair value was as follows (dollars in thousands): Investments at Amortized Cost Investments at Fair Value First lien term loans $ 815,756 82.8 % $ 804,242 81.9 % Second lien term loans 29,919 3.0 23,780 2.4 Unsecured term loans 20,763 2.1 20,599 2.1 Structured finance securities 50,737 5.1 38,900 4.0 Equity interests 69,308 7.0 94,513 9.6 Total $ 986,483 100.0 % $ 982,034 100.0 % The composition of our investments as of February 28, 2022 at amortized cost and fair value was as follows (dollars in thousands): Investments at Amortized Cost 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 readily 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 investments in Saratoga CLO and SLF 2022 are 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 and SLF 2022, 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 and SLF 2022. 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 and the SLF 2022 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 and SLF 2022 at November 30, 2022. The inputs at November 30, 2022 for the valuation model include: ● Default rate: 2% ● Recovery rate: 35% – 70% ● Discount rate: 15.5% – 22% ● Prepayment rate: 20% ● Reinvestment rate / price: $97.00 for eighteen 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 November 30, 2022, excluding Saratoga CLO and SLF 2022 (see Note 4 and Note 5 for more information on Saratoga CLO and SLF 2022, respectively). Hema Terra Holding 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 software to commercial real estate 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.
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 November 30, 2022 and November 30, 2021, we accrued management fee income of $0.8 million and $0.8 million, respectively, and interest income of $0.2 million and $1.1 million, respectively, from the subordinated notes of Saratoga CLO. For the nine months ended November 30, 2022 and November 30, 2021, we accrued management fee income of $2.5 million and $2.4 million, respectively, and interest income of $1.2 million and $3.5 million, respectively, from the subordinated notes of Saratoga CLO. As of November 30, 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 $19.4 million and $8.5 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 November 30, 2022, Saratoga CLO had investments with a principal balance of $653.3 million and a weighted average spread over LIBOR of 3.8% 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 November 30, 2022, the present value of the projected future cash flows of the subordinated notes was approximately $19.4 million, using a 22.0% 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 $76.7 million, management fees of $31.0 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 $28.7 million, using a 15.0% discount rate. Below is certain financial information from the separate financial statements of Saratoga CLO as of November 30, 2022 (unaudited) and February 28, 2022 and for the three and nine months ended November 30, 2022 (unaudited) and November 30, 2021 (unaudited). November 30, February 28, (unaudited) ASSETS Investments at fair value Loans at fair value (amortized cost of $643,842,672 and $653,022,265, respectively) $ 592,897,897 $ 638,929,660 Equities at fair value (amortized cost of $0 and $0, respectively) - 33,690 Total investments at fair value (amortized cost of $643,842,672 and $653,022,265, respectively) 592,897,897 638,963,350 Cash and cash equivalents 16,640,269 6,171,793 Receivable from open trades 6,414,343 9,152,660 Interest receivable (net of reserve of $358,730 and $0, respectively) 3,017,057 2,062,856 Due from affiliate (See Note 7) 58,215 - Prepaid expenses and other assets 41,162 100,067 Total assets $ 619,068,943 $ 656,450,726 LIABILITIES Interest payable $ 4,502,328 $ 1,659,776 Payable from open trades 13,817,809 18,794,627 Accrued base management fee 72,763 72,510 Accrued subordinated management fee 291,052 290,040 Accounts payable and accrued expenses 156,006 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 (250,168 ) (268,301 ) Class E-R-3 Deferrable Mezzanine Floating Rate Notes 27,625,000 27,625,000 Discount on Class E-R-3 Notes (2,598,967 ) (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 (1,944,539 ) (2,086,928 ) Subordinated Notes 111,000,000 111,000,000 Discount on Subordinated Notes (41,105,442 ) (44,084,883 ) Total liabilities $ 694,940,842 $ 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) (75,872,149 ) (37,197,733 ) Total net assets (75,871,899 ) (37,197,483 ) Total liabilities and net assets $ 619,068,943 $ 656,450,726 For the three months ended For the nine months ended November 30, 2022 November 30, 2021 November 30, 2022 November 30, 2021 INVESTMENT INCOME Total interest from investments $ 11,753,670 $ 7,866,198 $ 29,075,284 $ 15,613,938 Interest from cash and cash equivalents 13,215 119 19,320 691 Other income 26,224 200,320 141,828 517,377 Total investment income 11,793,109 8,066,637 29,236,432 16,132,006 EXPENSES Interest and debt financing expenses 10,177,731 5,569,557 26,287,544 10,405,734 Base management fee 163,651 162,925 490,249 326,571 Subordinated management fee 654,604 651,697 1,960,994 1,306,283 Professional fees 53,254 109,691 263,647 145,357 Trustee expenses 64,579 121,329 197,407 121,329 Other expense 93,097 54,156 244,402 113,939 Total expenses 11,206,916 6,669,355 29,444,243 12,419,213 NET INVESTMENT INCOME (LOSS) 586,193 1,397,282 (207,811 ) 3,712,793 REALIZED AND UNREALIZED LOSS ON INVESTMENTS Net realized gain (loss) from investments (532,640 ) 175,669 (1,599,841 ) (389,425 ) Net change in unrealized appreciation (depreciation) on investments (10,640,315 ) (662,095 ) (36,866,766 ) (1,143,192 ) Net realized and unrealized gain (loss) on investments (11,172,955 ) (486,426 ) (38,466,607 ) (1,532,617 ) NET INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS $ (10,586,762 ) $ 910,856 $ (38,674,418 ) $ 2,180,176 Issuer Name Industry Asset Name Asset Reference Rate/Spread LIBOR Floor Current Rate (All In) Maturity Date Principal/ Cost Fair Value 19TH HOLDINGS GOLF, LLC Consumer goods: Durable Term Loan Loan 1M USD SOFR+ 3.00 % 0.50 % 6.89 % 2/7/2029 $ 498,750 $ 496,534 $ 455,109 888 Acquisitions Limited Hotel, Gaming & Leisure Term Loan B Loan 6M USD SOFR+ 5.25 % 0.00 % 8.28 % 7/8/2028 2,000,000 1,711,631 1,716,260 ADMI Corp. Healthcare & Pharmaceuticals Term Loan B Loan 1M USD LIBOR+ 2.75 % 0.00 % 6.82 % 4/30/2025 1,915,276 1,911,485 1,786,473 Adtalem Global Education Inc. Services: Business Term Loan B (02/21) Loan 1M USD LIBOR+ 4.00 % 0.75 % 8.02 % 8/11/2028 691,846 686,098 682,334 Aegis Sciences Corporation Healthcare & Pharmaceuticals Term Loan Loan 3M USD LIBOR+ 5.50 % 1.00 % 10.09 % 5/9/2025 2,431,245 2,421,870 2,329,448 Agiliti Health Inc. Healthcare & Pharmaceuticals Term Loan (09/20) Loan 1M USD LIBOR+ 2.75 % 0.75 % 6.56 % 1/4/2026 214,286 212,959 208,929 Agiliti Health Inc. Healthcare & Pharmaceuticals Term Loan (1/19) Loan 1M USD LIBOR+ 2.75 % 0.00 % 6.56 % 1/4/2026 1,472,244 1,466,711 1,439,118 AHEAD DB Holdings, LLC Services: Business Term Loan (04/21) Loan 3M USD LIBOR+ 3.75 % 0.75 % 7.43 % 10/18/2027 2,962,500 2,874,642 2,887,193 AI Convoy (Luxembourg) S.a.r.l. Aerospace & Defense Term Loan B (USD) Loan 6M USD LIBOR+ 3.50 % 1.00 % 8.17 % 1/18/2027 1,458,273 1,454,100 1,432,447 Air Canada Transportation: Consumer Term Loan B (07/21) Loan 3M USD LIBOR+ 3.50 % 0.75 % 8.13 % 8/11/2028 1,995,000 1,851,503 1,970,063 AIS HoldCo, LLC Services: Business Term Loan Loan 3M USD LIBOR+ 5.00 % 0.00 % 9.41 % 8/15/2025 4,789,642 4,692,827 4,622,004 Alchemy Copyrights, LLC Media: Diversified & Production Term Loan B Loan 1M USD LIBOR+ 3.00 % 0.50 % 6.77 % 3/10/2028 490,022 487,454 486,347 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 1,643,179 1,544,146 AlixPartners, LLP Banking, Finance, Insurance & Real Estate Term Loan B (01/21) Loan 1M USD LIBOR+ 2.75 % 0.50 % 6.82 % 2/4/2028 246,250 245,798 241,172 Alkermes, Inc. Healthcare & Pharmaceuticals Term Loan B (3/21) Loan 1M USD LIBOR+ 2.50 % 0.50 % 6.44 % 3/12/2026 2,131,628 2,117,213 2,035,705 Allen Media, LLC Media: Diversified & Production Term Loan (7/21) Loan 3M USD SOFR+ 5.50 % 0.00 % 9.20 % 2/10/2027 4,405,559 4,377,776 3,646,966 Alliant Holdings Intermediate, LLC Banking, Finance, Insurance & Real Estate Term Loan B4 Loan 1M USD LIBOR+ 3.50 % 0.50 % 7.44 % 11/5/2027 990,000 989,056 959,686 Allied Universal Holdco LLC Services: Business Term Loan 4/21 Loan 1M USD LIBOR+ 3.75 % 0.50 % 7.82 % 5/12/2028 1,980,000 1,971,544 1,869,080 Altisource Solutions S.a r.l. Banking, Finance, Insurance & Real Estate Term Loan B (03/18) Loan 3M USD LIBOR+ 4.00 % 1.00 % 7.67 % 4/3/2024 1,223,297 1,221,048 995,458 Altium Packaging LLC Containers, Packaging & Glass Term Loan (01/21) Loan 1M USD LIBOR+ 2.75 % 0.50 % 6.83 % 1/29/2028 492,500 490,576 475,351 American Greetings Corporation Media: Advertising, Printing & Publishing Term Loan Loan 1M USD LIBOR+ 4.50 % 1.00 % 8.55 % 4/6/2024 3,012,861 3,011,417 2,966,162 American Trailer World Corp Automotive Term Loan Loan 1M USD SOFR+ 3.75 % 0.75 % 7.94 % 3/3/2028 1,357,439 1,354,289 1,212,369 AmWINS Group, LLC Banking, Finance, Insurance & Real Estate Term Loan 2/21 Loan 1M USD LIBOR+ 2.25 % 0.75 % 6.32 % 2/17/2028 1,965,014 1,944,832 1,922,590 Issuer Name Industry Asset Name Asset Reference Rate/Spread LIBOR Floor Current Rate (All In) Maturity Date Principal/ Cost Fair Value Anastasia Parent LLC Consumer goods: Non-durable Term Loan Loan 3M USD LIBOR+ 3.75 % 0.00 % 7.42 % 8/11/2025 960,000 957,829 707,232 Anchor Glass Container Corporation Containers, Packaging & Glass Term Loan (07/17) Loan 3M USD LIBOR+ 2.75 % 1.00 % 6.53 % 12/7/2023 471,381 470,980 339,932 Anchor Packaging, LLC Containers, Packaging & Glass Term Loan B Loan 1M USD LIBOR+ 4.00 % 0.00 % 8.07 % 7/18/2026 979,747 973,021 942,193 ANI Pharmaceuticals, Inc. Healthcare & Pharmaceuticals Term Loan B Loan 1M USD LIBOR+ 6.00 % 0.75 % 10.07 % 11/19/2027 2,977,500 2,927,538 2,842,024 AP Core Holdings II LLC High Tech Industries Term Loan B1 Loan 1M USD LIBOR+ 5.50 % 0.75 % 9.57 % 9/1/2027 1,900,000 1,876,393 1,681,500 AP Core Holdings II LLC High Tech Industries Term Loan B2 Loan 1M USD LIBOR+ 5.50 % 0.75 % 9.57 % 9/1/2027 500,000 493,797 442,085 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 500,000 467,500 481,250 APi Group DE, Inc. (J2 Acquisition) Services: Business Term Loan B Loan 1M USD LIBOR+ 2.50 % 0.00 % 6.57 % 10/1/2026 1,928,237 1,921,493 1,907,026 APLP Holdings Limited Partnership Energy: Electricity Term Loan B (3/21) Loan 3M USD LIBOR+ 3.75 % 1.00 % 7.32 % 5/14/2027 512,994 508,986 510,003 Apollo Commercial Real Estate Finance, Inc. Banking, Finance, Insurance & Real Estate Term Loan B Loan 1M USD LIBOR+ 2.75 % 0.00 % 6.82 % 5/15/2026 2,946,701 2,919,425 2,799,365 Apollo Commercial Real Estate Finance, Inc. Banking, Finance, Insurance & Real Estate Term Loan B1 (2/21) Loan 1M USD LIBOR+ 3.50 % 0.50 % 7.08 % 3/6/2028 985,000 977,071 916,050 AppLovin Corporation High Tech Industries Term Loan (10/21) Loan 3M USD LIBOR+ 3.00 % 0.50 % 6.67 % 10/21/2028 1,492,500 1,489,192 1,397,353 AppLovin Corporation High Tech Industries Term Loan B Loan 1M USD LIBOR+ 3.25 % 0.00 % 7.32 % 8/15/2025 982,143 982,143 951,451 Aramark Corporation Services: Consumer Term Loan Loan 1M USD LIBOR+ 1.75 % 0.00 % 5.82 % 1/15/2027 2,331,250 2,277,399 2,279,286 Aramark Corporation Services: Consumer Term Loan B (4/21) Loan 1M USD LIBOR+ 2.50 % 0.00 % 6.57 % 4/1/2028 1,753,715 1,746,737 1,723,464 ARC FALCON I INC. Chemicals, Plastics, & Rubber Term Loan Loan 1M USD LIBOR+ 3.75 % 0.50 % 7.82 % 9/23/2028 866,067 862,383 772,809 ARC FALCON I INC. (a) Chemicals, Plastics, & Rubber Delayed Draw Term Loan Loan N/A N/A N/A N/A 9/29/2028 0 (534 ) (13,717 ) Arches Buyer Inc. Services: Consumer Term Loan B Loan 1M USD LIBOR+ 3.25 % 0.50 % 7.32 % 12/6/2027 1,484,848 1,476,381 1,347,188 Aretec Group, Inc. Banking, Finance, Insurance & Real Estate Term Loan (10/18) Loan 1M USD SOFR+ 4.25 % 0.00 % 8.44 % 10/1/2025 1,921,193 1,917,473 1,864,038 ASP BLADE HOLDINGS, INC. Capital Equipment Term Loan Loan 3M USD LIBOR+ 4.00 % 0.50 % 7.67 % 10/7/2028 99,294 98,864 81,421 Asplundh Tree Expert, LLC Services: Business Term Loan 2/21 Loan 1M USD LIBOR+ 1.75 % 0.00 % 5.82 % 9/7/2027 980,000 976,531 965,653 AssuredPartners Capital, Inc. Banking, Finance, Insurance & Real Estate Term Loan B (2/20) Loan 1M USD LIBOR+ 3.50 % 0.00 % 7.57 % 2/12/2027 992,347 988,999 952,861 Assuredpartners Inc. Banking, Finance, Insurance & Real Estate Incremental Term Loan (7/21) Loan 1M USD LIBOR+ 3.50 % 0.50 % 7.57 % 2/12/2027 987,500 987,500 947,259 Issuer Name Industry Asset Name Asset Reference Rate/Spread LIBOR Floor Current Rate (All In) Maturity Date Principal/ Cost Fair Value Assuredpartners Inc. Banking, Finance, Insurance & Real Estate Term Loan Loan 1M USD SOFR+ 3.50 % 0.50 % 7.59 % 2/12/2027 497,500 496,473 477,292 ASTRO ONE ACQUISITION CORPORATION Consumer goods: Durable Term Loan Loan 3M USD LIBOR+ 5.50 % 0.75 % 9.17 % 9/15/2028 2,977,500 2,952,162 2,270,344 Asurion, LLC Banking, Finance, Insurance & Real Estate Term Loan B10 Loan 3M USD SOFR+ 4.00 % 0.00 % 7.65 % 8/19/2028 2,000,000 1,903,321 1,749,160 Asurion, LLC Banking, Finance, Insurance & Real Estate Term Loan B8 Loan 1M USD LIBOR+ 3.25 % 0.00 % 7.32 % 12/18/2026 2,972,422 2,963,170 2,595,905 ATHENAHEALTH GROUP INC. Healthcare & Pharmaceuticals Term Loan B (2/22) Loan 1M USD SOFR+ 3.50 % 0.50 % 7.41 % 2/15/2029 1,279,402 1,273,783 1,165,535 ATHENAHEALTH GROUP INC. (a) Healthcare & Pharmaceuticals Delayed Draw Term Loan (02/22) Loan N/A N/A N/A N/A N/A - - (19,348 ) Avaya, Inc. Telecommunications Term Loan B1 Loan 1M USD LIBOR+ 4.25 % 0.00 % 8.12 % 12/15/2027 1,755,766 1,748,465 825,210 Avaya, Inc. Telecommunications Term Loan B-2 (2/21) Loan 1M USD LIBOR+ 4.00 % 0.00 % 7.87 % 12/15/2027 1,000,000 1,000,000 470,000 Avison Young (Canada) Inc Services: Business Term Loan (08/22) Loan 1M USD SOFR+ 7.00 % 0.00 % 10.84 % 1/31/2026 750,000 707,671 705,000 Avison Young (Canada) Inc Services: Business Term Loan Loan 1M USD LIBOR+ 5.75 % 0.00 % 8.12 % 1/31/2026 3,379,660 3,350,178 3,041,694 Avolon TLB Borrower 1 (US) LLC Capital Equipment Term Loan B3 Loan 1M USD LIBOR+ 1.75 % 0.75 % 5.69 % 1/15/2025 1,000,000 924,152 983,280 Avolon TLB Borrower 1 (US) LLC Capital Equipment Term Loan B5 (7/21) Loan 1M USD LIBOR+ 2.25 % 0.50 % 6.19 % 12/1/2027 491,250 487,564 487,182 AZURITY PHARMACEUTICALS, INC. Healthcare & Pharmaceuticals Term Loan B Loan 1M USD LIBOR+ 6.00 % 0.75 % 10.13 % 9/20/2027 481,250 468,648 445,156 B&G Foods, Inc. Beverage, Food & Tobacco Term Loan Loan 1M USD LIBOR+ 2.50 % 0.00 % 6.57 % 10/10/2026 706,458 702,411 663,774 B.C. Unlimited Liability Co (Burger King) Beverage, Food & Tobacco Term Loan B4 Loan 1M USD LIBOR+ 1.75 % 0.00 % 5.82 % 11/19/2026 1,458,750 1,432,378 1,429,575 BAKELITE UK INTERMEDIATE LTD. Chemicals, Plastics, & Rubber Term Loan Loan 3M USD SOFR+ 4.00 % 0.50 % 7.67 % 5/29/2029 997,500 992,785 927,675 Baldwin Risk Partners, LLC Banking, Finance, Insurance & Real Estate Term Loan Loan 1M USD LIBOR+ 3.50 % 0.50 % 7.38 % 10/14/2027 1,229,438 1,218,148 1,189,481 Bausch Health Companies Inc. Healthcare & Pharmaceuticals Term Loan B (1/22) Loan 1M USD SOFR+ 5.25 % 0.50 % 9.15 % 2/1/2027 1,975,000 1,778,325 1,465,608 BCPE Empire Holdings, Inc. Services: Business Term Loan Amendment 3 Loan 1M USD SOFR+ 4.63 % 0.00 % 8.81 % 6/11/2026 497,500 481,689 482,222 Belfor Holdings Inc. Services: Consumer Term Loan Loan 1M USD LIBOR+ 4.00 % 0.00 % 8.07 % 4/6/2026 246,183 246,055 243,877 Issuer Name Industry Asset Name Asset Reference Rate/Spread LIBOR Floor Current Rate (All In) Maturity Date Principal/ Cost Fair Value Belfor Holdings Inc. Services: Consumer Term Loan B-2 (3/22) Loan 1M USD SOFR+ 4.25 % 0.50 % 8.34 % 4/6/2026 997,456 971,635 992,468 Belron Finance US LLC Automotive Term Loan B (3/21) Loan 3M USD LIBOR+ 2.50 % 0.50 % 7.06 % 4/13/2028 1,970,000 1,954,259 1,947,227 Bengal Debt Merger Sub LLC Beverage, Food & Tobacco Term Loan Loan 3M USD SOFR+ 3.25 % 0.50 % 6.90 % 1/24/2029 1,995,000 1,993,510 1,875,300 Blackstone Mortgage Trust, Inc. Banking, Finance, Insurance & Real Estate Term Loan B Loan 1M USD LIBOR+ 2.25 % 0.00 % 6.32 % 4/23/2026 982,278 977,214 956,494 Blackstone Mortgage Trust, Inc. Banking, Finance, Insurance & Real Estate Term Loan (6/21) Loan 1M USD LIBOR+ 2.75 % 0.50 % 6.82 % 4/23/2026 1,468,869 1,461,127 1,435,819 Blucora, Inc. Services: Consumer Term Loan (11/17) Loan 3M USD LIBOR+ 4.00 % 1.00 % 7.67 % 5/22/2024 2,287,052 2,283,467 2,287,052 Blue Tree Holdings, Inc. Chemicals, Plastics, & Rubber Term Loan (2/21) Loan 3M USD LIBOR+ 2.50 % 0.00 % 6.18 % 3/4/2028 985,000 983,025 955,450 Bombardier Recreational Products, Inc. Consumer goods: Durable Term Loan (1/20) Loan 1M USD LIBOR+ 2.00 % 0.00 % 6.07 % 5/24/2027 1,458,799 1,451,939 1,413,212 Boxer Parent Company, Inc. High Tech Industries Term Loan (2/21) Loan 1M USD LIBOR+ 3.75 % 0.00 % 7.82 % 10/2/2025 518,307 518,307 496,476 Bracket Intermediate Holding Corp Healthcare & Pharmaceuticals Term Loan Loan 3M USD LIBOR+ 4.25 % 0.00 % 7.99 % 9/5/2025 960,000 957,834 928,800 BrightSpring Health Services (Phoenix Guarantor) Healthcare & Pharmaceuticals Term Loan B-3 Loan 1M USD LIBOR+ 3.50 % 0.00 % 7.57 % 3/5/2026 985,000 985,000 936,213 BroadStreet Partners, Inc. Banking, Finance, Insurance & Real Estate Term Loan B3 Loan 1M USD LIBOR+ 3.00 % 0.00 % 7.07 % 1/22/2027 2,956,366 2,951,703 2,845,148 Brookfield WEC Holdings Inc. Energy: Electricity Term Loan (1/21) Loan 1M USD LIBOR+ 2.75 % 0.50 % 6.82 % 8/1/2025 1,466,344 1,467,980 1,437,780 BROWN GROUP HOLDING, LLC Aerospace & Defense Term Loan B-2 Loan 3M USD SOFR+ 3.75 % 0.00 % 7.84 % 6/8/2029 500,000 488,005 496,250 Buckeye Partners, L.P. Utilities: Oil & Gas Term Loan (1/21) Loan 1M USD LIBOR+ 2.25 % 0.00 % 6.02 % 11/1/2026 1,955,163 1,945,010 1,929,843 BW Gas & Convenience Holdings LLC Beverage, Food & Tobacco Term Loan B Loan 1M USD LIBOR+ 3.50 % 0.50 % 7.57 % 3/31/2028 2,468,750 2,448,956 2,400,859 Callaway Golf Company Retail Term Loan B Loan 1M USD LIBOR+ 4.50 % 0.00 % 8.57 % 1/4/2026 676,875 669,868 674,973 Camping World, Inc. Retail Term Loan B (5/21) Loan 1M USD LIBOR+ 2.50 % 0.75 % 6.37 % 6/5/2028 2,493,671 2,265,060 2,247,421 CareerBuilder, LLC Services: Business Term Loan Loan 3M USD LIBOR+ 6.75 % 1.00 % 10.42 % 7/31/2023 5,393,388 5,320,672 3,573,119 Casa Systems, Inc Telecommunications Term Loan Loan 3M USD LIBOR+ 4.00 % 1.00 % 6.25 % 12/20/2023 - 11,270 - Castle US Holding Corporation Media: Advertising, Printing & Publishing Term Loan B (USD) Loan 1M USD LIBOR+ 3.75 % 0.00 % 7.82 % 1/27/2027 1,967,571 1,957,645 1,368,701 CBI BUYER, INC. Consumer goods: Durable Term Loan Loan 1M USD LIBOR+ 3.25 % 0.50 % 7.13 % 1/6/2028 2,977,424 2,815,361 2,149,700 Issuer Name Industry Asset Name Asset Reference Rate/Spread LIBOR Floor Current Rate (All In) Maturity Date Principal/ Cost Fair Value CCC Intelligent Solutions Inc. Services: Business Term Loan B Loan 1M USD LIBOR+ 2.25 % 0.50 % 6.32 % 9/16/2028 248,125 247,590 243,907 CCI Buyer, Inc Telecommunications Term Loan Loan 3M USD SOFR+ 4.00 % 0.75 % 7.55 % 12/17/2027 246,250 244,380 237,693 CCRR Parent, Inc. Healthcare & Pharmaceuticals Term Loan B (11/22) Loan 1M USD SOFR+ 4.25 % 0.50 % 8.16 % 3/5/2028 1,000,000 950,000 950,000 CCRR Parent, Inc. Healthcare & Pharmaceuticals Term Loan B Loan 1M USD LIBOR+ 3.75 % 0.75 % 7.83 % 3/5/2028 985,000 980,935 935,750 CCS-CMGC Holdings, Inc. Healthcare & Pharmaceuticals Term Loan Loan 3M USD LIBOR+ 5.50 % 0.00 % 9.91 % 9/25/2025 2,406,250 2,395,238 2,218,563 CDK GLOBAL, INC. High Tech Industries Term Loan B Loan 1M USD SOFR+ 4.50 % 0.50 % 8.11 % 7/6/2029 1,000,000 970,767 987,160 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 2,970,000 2,947,629 2,722,005 CENTURI GROUP, INC. Construction & Building Term Loan B Loan 1M USD LIBOR+ 2.50 % 0.50 % 6.57 % 8/27/2028 880,830 873,365 847,526 CenturyLink, Inc. Telecommunications Term Loan B (1/20) Loan 1M USD LIBOR+ 2.25 % 0.00 % 6.32 % 3/15/2027 3,899,823 3,895,031 3,691,846 Charlotte Buyer, Inc. Services: Business Term Loan B Loan 1M USD SOFR+ 5.25 % 0.00 % 9.05 % 2/11/2028 1,500,000 1,399,252 1,420,005 Chemours Company, (The) Chemicals, Plastics, & Rubber Term Loan Loan 1M USD LIBOR+ 1.75 % 0.00 % 5.83 % 4/3/2025 907,689 880,613 889,535 Churchill Downs Incorporated Hotel, Gaming & Leisure Term Loan B1 (3/21) Loan 1M USD LIBOR+ 2.00 % 0.00 % 6.08 % 3/17/2028 492,500 491,517 483,881 CIMPRESS PUBLIC LIMITED COMPANY Media: Advertising, Printing & Publishing USD Term Loan Loan 1M USD LIBOR+ 3.50 % 0.50 % 7.57 % 5/17/2028 1,984,975 1,893,696 1,741,815 CITADEL SECURITIES LP Banking, Finance, Insurance & Real Estate Term Loan B (01/21) Loan 1M USD SOFR+ 2.50 % 0.00 % 6.70 % 2/2/2028 4,925,000 4,921,355 4,844,969 Clarios Global LP Automotive Term Loan B1 Loan 1M USD LIBOR+ 3.25 % 0.00 % 7.32 % 4/30/2026 1,267,812 1,260,725 1,245,891 Claros Mortgage Trust, Inc Banking, Finance, Insurance & Real Estate Term Loan B-1 (11/21) Loan 1M USD SOFR+ 4.50 % 0.50 % 8.40 % 8/9/2026 3,448,649 3,429,363 3,392,608 CLYDESDALE ACQUISITION HOLDINGS, INC. Containers, Packaging & Glass Term Loan B Loan 1M USD SOFR+ 4.18 % 0.50 % 8.36 % 4/13/2029 1,496,250 1,461,330 1,442,415 Cole Haan Consumer goods: Non-durable Term Loan B Loan 3M USD LIBOR+ 5.50 % 0.00 % 9.17 % 2/7/2025 887,500 883,329 813,545 Columbus McKinnon Corporation Capital Equipment Term Loan (4/21) Loan 3M USD LIBOR+ 2.75 % 0.50 % 6.44 % 5/14/2028 458,677 457,730 450,650 Conduent, Inc. Services: Business Term Loan B Loan 1M USD LIBOR+ 4.25 % 0.50 % 8.32 % 10/16/2028 1,792,500 1,758,276 1,684,950 Connect Finco SARL Telecommunications Term Loan (1/21) Loan 1M USD LIBOR+ 3.50 % 1.00 % 7.58 % 12/11/2026 2,925,000 2,818,276 2,884,781 Consolidated Communications, Inc. Telecommunications Term Loan B Loan 1M USD LIBOR+ 3.50 % 0.75 % 7.63 % 10/2/2027 2,714,005 2,511,207 2,370,222 CORAL-US CO-BORROWER LLC Telecommunications Term Loan B-5 Loan 1M USD LIBOR+ 2.25 % 0.00 % 6.13 % 1/31/2028 4,000,000 3,988,162 3,871,000 Corelogic, Inc. Services: Business Term Loan (4/21) Loan 1M USD LIBOR+ 3.50 % 0.50 % 7.63 % 6/2/2028 2,475,000 2,464,692 2,035,688 Issuer Name Industry Asset Name Asset Reference Rate/Spread LIBOR Floor Current Rate (All In) Maturity Date Principal/ Cost Fair Value Cortes NP Acquisition Corp (Vertiv) Capital Equipment Term Loan 2/21 Loan 1M USD LIBOR+ 2.75 % 0.00 % 6.55 % 3/2/2027 1,965,000 1,965,000 1,913,419 COWEN INC. Banking, Finance, Insurance & Real Estate Term Loan Loan 6M USD LIBOR+ 3.25 % 0.00 % 7.43 % 3/24/2028 3,937,424 3,917,264 3,912,816 Creative Artists Agency, LLC Media: Diversified & Production Term Loan B2 (6/22) Loan 1M USD SOFR+ 4.25 % 1.00 % 8.34 % 11/27/2026 498,750 481,495 491,269 CROCS INC Consumer goods: Durable Term Loan Loan 6M USD SOFR+ 3.50 % 0.50 % 7.73 % 2/20/2029 2,962,500 2,851,533 2,855,109 Cross Financial Corp Banking, Finance, Insurance & Real Estate Term Loan B (3/21) Loan 1M USD LIBOR+ 4.00 % 0.75 % 8.13 % 9/15/2027 493,750 493,278 486,754 Crown Subsea Communications Holding, Inc. Construction & Building Term Loan (4/21) Loan 1M USD LIBOR+ 4.75 % 0.75 % 8.52 % 4/27/2027 3,404,110 3,376,446 3,316,896 CSC Holdings LLC (Neptune Finco Corp.) Media: Broadcasting & Subscription Term Loan B Loan 1M USD LIBOR+ 2.25 % 0.00 % 6.12 % 1/15/2026 481,250 480,747 457,938 CSC Holdings LLC (Neptune Finco Corp.) Media: Broadcasting & Subscription Term Loan B (03/17) Loan 1M USD LIBOR+ 2.25 % 0.00 % 6.12 % 7/15/2025 1,918,782 1,907,588 1,834,356 CSC Holdings LLC (Neptune Finco Corp.) Media: Broadcasting & Subscription Term Loan B-5 Loan 1M USD LIBOR+ 2.50 % 0.00 % 6.37 % 4/15/2027 486,250 486,250 454,848 CTS Midco, LLC High Tech Industries Term Loan B Loan 3M USD LIBOR+ 6.00 % 1.00 % 10.41 % 11/2/2027 1,965,000 1,920,583 1,650,600 Daseke Inc Transportation: Cargo Term Loan 2/21 Loan 1M USD LIBOR+ 4.00 % 0.75 % 8.02 % 3/5/2028 1,477,500 1,471,549 1,423,483 Dave & Buster’s Inc. Hotel, Gaming & Leisure Term Loan B (04/22) Loan 1M USD SOFR+ 5.00 % 0.50 % 9.19 % 6/29/2029 997,500 949,562 988,273 DCert Buyer, Inc. High Tech Industries Term Loan Loan 6M USD SOFR+ 4.00 % 0.00 % 8.70 % 10/16/2026 1,473,552 1,473,552 1,415,140 Delek US Holdings, Inc. Utilities: Oil & Gas Term Loan B Loan 1M USD LIBOR+ 2.25 % 0.00 % 6.00 % 3/31/2025 4,761,489 4,737,511 4,713,874 Delek US Holdings, Inc. Utilities: Oil & Gas Term Loan B (11/22) Loan 1M USD SOFR+ 3.50 % 0.50 % 5.79 % 11/16/2029 638,511 612,970 611,904 Delta 2 Lux Sarl Hotel, Gaming & Leisure Term Loan B Loan 1M USD SOFR+ 3.25 % 0.50 % 7.20 % 1/15/2030 1,000,000 990,000 994,690 DexKo Global, Inc. (Dragon Merger) Automotive Term Loan (9/21) Loan 3M USD LIBOR+ 3.75 % 0.50 % 7.42 % 10/4/2028 995,000 991,404 897,709 DG Investment Intermediate Holdings 2, Inc. Aerospace & Defense Incremental Term Loan (3/22) Loan 1M USD SOFR+ 4.75 % 0.75 % 8.84 % 3/31/2028 500,000 480,000 480,000 Diamond Sports Group, LLC Media: Broadcasting & Subscription 1st Priority Term Loan Loan 1M USD SOFR+ 8.00 % 1.00 % 11.89 % 5/25/2026 343,206 334,272 323,128 Diamond Sports Group, LLC Media: Broadcasting & Subscription Second Lien Term Loan Loan 1M USD SOFR+ 3.25 % 0.00 % 7.14 % 8/24/2026 3,383,403 3,002,894 535,017 Issuer Name Industry Asset Name Asset Reference Rate/Spread LIBOR Floor Current Rate (All In) Maturity Date Principal/ Cost Fair Value DIRECTV FINANCING, LLC Media: Broadcasting & Subscription Term Loan Loan 1M USD LIBOR+ 5.00 % 0.75 % 9.07 % 8/2/2027 3,640,000 3,610,628 3,481,150 DISCOVERY PURCHASER CORPORATION Chemicals, Plastics, & Rubber Term Loan Loan 3M USD SOFR+ 4.38 % 0.50 % 7.97 % 10/4/2029 1,500,000 1,381,965 1,366,125 Dispatch Acquisition Holdings, LLC Environmental Industries Term Loan B (3/21) Loan 3M USD LIBOR+ 4.25 % 0.75 % 7.92 % 3/25/2028 493,750 489,829 408,578 DOMTAR CORPORATION Forest Products & Paper Term Loan 9/21 Loan 1M USD LIBOR+ 5.50 % 0.75 % 8.81 % 11/30/2028 1,313,445 1,274,186 1,278,415 DOTDASH MEREDITH, INC. Media: Advertising, Printing & Publishing Term Loan B Loan 1M USD SOFR+ 4.00 % 0.50 % 7.84 % 11/30/2028 2,000,000 1,801,481 1,730,000 DRI HOLDING INC. Media: Advertising, Printing & Publishing Term Loan (12/21) Loan 1M USD LIBOR+ 5.25 % 0.50 % 9.32 % 12/15/2028 3,982,494 3,835,244 3,537,769 DRW Holdings, LLC Banking, Finance, Insurance & Real Estate Term Loan (2/21) Loan 1M USD LIBOR+ 3.75 % 0.00 % 7.82 % 3/1/2028 6,435,000 6,394,793 6,264,086 DTZ U.S. Borrower, LLC Construction & Building Term Loan Loan 1M USD LIBOR+ 2.75 % 0.00 % 6.82 % 8/21/2025 3,846,424 3,837,843 3,747,532 EAB Global, Inc. Services: Business Term Loan (08/21) Loan 1M USD LIBOR+ 3.50 % 0.50 % 7.57 % 8/16/2028 992,500 988,234 955,103 Echo Global Logistics, Inc. Services: Business Term Loan Loan 1M USD LIBOR+ 3.50 % 0.50 % 7.57 % 11/23/2028 1,990,000 1,985,621 1,827,815 Edelman Financial Group Inc., The Banking, Finance, Insurance & Real Estate Term Loan B (3/21) Loan 1M USD LIBOR+ 3.50 % 0.75 % 7.57 % 4/7/2028 2,194,102 2,187,303 2,090,869 Electrical Components Inter., Inc. Capital Equipment Term Loan (6/18) Loan 1M USD LIBOR+ 4.25 % 0.00 % 8.32 % 6/26/2025 1,893,400 1,893,400 1,693,419 ELECTRON BIDCO INC. Healthcare & Pharmaceuticals Term Loan Loan 1M USD LIBOR+ 3.00 % 0.50 % 7.07 % 11/1/2028 497,500 495,391 482
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 Saratoga Investment Corp Senior Loan Fund 2022-1, 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. On September 30, 2022, SLF 2021 was renamed to Saratoga Investment Corp Senior Loan Fund 2022-1, Ltd. (“SLF 2022”). 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 November 30, 2022, the Company and TJHA’s investment in SLF JV consisted of an unsecured note of $17.6 million and $2.5 million, respectively; and membership interest of $17.6 million and $2.5 million, respectively. As of November 30, 2022 and February 28, 2022, the Company’s investment in the unsecured note of SLF JV had a fair value of $17.6 million and $13.1 million, respectively, and the Company’s investment in the membership interests of SLF JV had a fair value of $9.2 million and $12.0 million, respectively. 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 As of November 30, 2022, the Company earned $1.1 million of interest income related to SLF JV, which is included in interest income. As of November 30, 2022 and February 28, 2022, $0.01 million and $0.1 million, respectively, of interest income related to SLF JV was included in interest receivable. SLF JV’s initial investment in SLF 2022 was in the form of an unsecured loan. The unsecured loan paid a floating rate of LIBOR plus 7.00% per annum and was due and payable in full on June 9, 2023. The unsecured loan was repaid in full on October 28, 2022, as part of the CLO closing. On October 28, 2022, SLF 2022 issued $402.1 million of the 2022 JV CLO Notes through the JV CLO trust. The 2022 JV CLO Notes were issued pursuant to the JV Indenture, with the Trustee. As part of the transaction, the Company purchased 87.50% of the Class E Notes from SLF 2022 with a par value of $12.25 million. As of November 30, 2022 and February 28, 2022, the fair value of these Class E Notes were $11.0 million and $0.0 million, respectively.

Income Taxes

Income Taxes	9 Months Ended
	Nov. 30, 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 November 30, 2022 and February 28, 2022 were as follows: November 30, February 28, Total deferred tax assets $ 2,350,087 $ 1,991,241 Total deferred tax liabilities (2,311,448 ) (1,293,496 ) Valuation allowance on net deferred tax assets (2,178,299 ) (1,946,761 ) Net deferred tax liability $ (2,139,660 ) $ (1,249,016 ) As of November 30, 2022, the valuation allowance on deferred tax liability was $2.2 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 November 30, 2022 includes $0.4 million deferred tax expense (benefit) on net change in unrealized appreciation (depreciation) on investments, $(0.5) 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 three months ended November 30, 2021 includes $(2.5) million deferred tax expense (benefit) net change in unrealized appreciation (depreciation) on investments and $2.4 million income tax provision from realized gain on investments and $(0.04) million net change in total operating expense, in the consolidated statement of operations, respectively. Net income tax expense for the nine months ended November 30, 2022 includes $1.0 million deferred tax expense (benefit) on net change in unrealized appreciation on investments, $(0.5) 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 nine months ended November 30, 2021 includes $(0.9) million deferred tax expense (benefit) net change in unrealized appreciation (depreciation) on investments $2.9 million income tax provision from realized gain on investments and $0.02 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 nine months ended November 30, 2022 and November 30, 2021: For the three months ended For the nine months ended November 30, November 30, November 30, November 30, Current Federal $ (255,959 ) $ 2,157,212 $ (473,475 ) $ 2,583,041 State (158,721 ) 289,961 (80,273 ) 340,655 Net current expense (414,680 ) 2,447,173 (553,748 ) 2,923,696 Deferred Federal 460,531 (1,916,842 ) 844,727 (677,986 ) State (29,901 ) (604,143 ) 45,917 (253,182 ) Net deferred expense 430,629 (2,520,985 ) 890,645 (931,168 ) Net tax provision $ 15,949 $ (73,812 ) $ 336,896 $ 1,992,528

Agreements and Related Party Tr

Agreements and Related Party Transactions	9 Months Ended
	Nov. 30, 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 November 30, 2022 and November 30, 2021, the Company incurred $4.3 million and $2.9 million in base management fees, respectively. For the three months ended November 30, 2022 and 2021, the Company incurred $2.3 million and $1.5 million in incentive fees related to pre-incentive fee net investment income, respectively. For the three months ended November 30, 2022 and November 30, 2021, the Company accrued a (benefit) of $(0.8) million and an expense of $0.9 million in incentive fees related to capital gains. For the nine months ended November 30, 2022 and November 30, 2021, the Company incurred $12.2 million and $8.7 million in base management fees, respectively. For the nine months ended November 30, 2022 and November 30, 2021, the Company incurred $3.9 million and $4.8 million in incentive fees related to pre-incentive fee net investment income, respectively. For the nine months ended November 30, 2022 and November 30, 2021, the Company accrued a (benefit) of ($3.7) million and an expense of $4.9 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 November 30, 2022, the base management fees accrual was $4.3 million and the incentive fees accrual was $5.3 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 November 30, 2022 and November 30, 2021, we recognized $0.8 million and $0.8 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 nine months ended November 30, 2022 and November 30, 2021, we recognized $2.3 million and $2.2 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 November 30, 2022, $0.01 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 November 30, 2022 and November 30, 2021, we recognized management fee income of $0.8 million and $0.8 million, respectively, related to the Saratoga CLO. For the nine months ended November 30, 2022 and November 30, 2021, we recognized management fee income of $2.5 million and $2.4 million, respectively, related to the Saratoga CLO. For the nine months ended November 30, 2022 and November 30, 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. On October 28, 2022, SLF 2022 issued $402.1 million of the 2022 JV CLO Notes through the JV CLO trust. The 2022 JV CLO Notes were issued pursuant to the JV Indenture, with the Trustee. As of November 30, 2022, the Company’s investment in the SLF JV had a fair value of $26.8 million, consisting of an unsecured loan of $17.6 million and membership interest of $9.2 million. In addition, the Company has no outstanding receivable balance from the SLF JV as of November 30, 2022. As part of the JV CLO trust transaction, the Company purchased 87.50% of the Class E Notes from SLF 2022 with a par value of $12.25 million.

Borrowings

Borrowings	9 Months Ended
	Nov. 30, 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 173.2% as of November 30, 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 November 30, 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 November 30, 2022 and November 30, 2021, we recorded $0.6 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 November 30, 2022 and November 30, 2021, we recorded $0.1 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 three months ended November 30, 2022, the weighted average interest rate on the outstanding borrowings under the Encina Credit Facility was 7.19%, and the average dollar amount of outstanding borrowings under the Encina Credit Facility was $32.8 million. For the nine months ended November 30, 2022 and November 30, 2021, we recorded $1.2 million and $0.6 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 nine months ended November 30, 2022 and November 30, 2021, we recorded $0.3 million and $0.2 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 nine months ended November 30, 2022, the weighted average interest rate on the outstanding borrowings under the Encina Credit Facility was 6.16%, and the average dollar amount of outstanding borrowings under the Encina Credit Facility was $25.9 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 $69.8 million subject to the Encina Credit Facility cap of $50.0 million at November 30, 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 November 30, 2022 borrowing base relies upon the valuations set forth in the Quarterly Report on Form 10-Q for the period ended August 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. On September 29, 2022, the Company’s wholly owned subsidiary, SBIC III LP, also received an SBIC license from the SBA. SBIC LP’s license provided up to $150.0 million in additional long-term capital in the form of SBA debentures, while SBIC II LP’s and SBIC III LP’s SBIC licenses provide up to $175.0 million each. 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. With the third license approval, Saratoga can continue to grow its SBA relationship from $150.0 million to $350.0 million of committed capital. As of November 30, 2022, we have funded SBIC LP, SBIC II LP and SBIC III LP with an aggregate total of equity capital of $75.0 million, $87.5 million and $2.5 million, respectively, and have $242.7 million in SBA-guaranteed debentures outstanding, of which $67.7 million was held in SBIC LP, $175.0 million was held in SBIC II LP, and $0.0 million held in SBIC III 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, SBIC II LP and SBIC III LP may borrow to a maximum of $150.0 million, $175.0 million, and $175.0 million, respectively, which is up to twice its potential regulatory capital. 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. 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 $24.0 million and have average annual fully taxed net income not exceeding $8.0 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, SBIC II LP, and SBIC III 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 or SBIC III LP will receive SBA-guaranteed debenture funding, which is dependent upon SBIC II LP and SBIC III LP continuing to be in compliance with SBA regulations and policies. The SBA, as a creditor, will have a superior claim to SBIC LP, SBIC II LP, and SBIC III LP assets over our stockholders and debtholders in the event we liquidate SBIC LP, SBIC II LP, and SBIC III LP or the SBA exercises its remedies under the SBA-guaranteed debentures issued by SBIC LP, SBIC II LP, and SBIC III 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 November 30, 2022, there was $242.7 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, $6.0 million and $0.3 million related to the SBA debentures issued by SBIC LP, SBIC II LP, SBIC III LP, respectively, have been capitalized and are being amortized over the term of the commitment and drawdown. For the three months ended November 30, 2022 and November 30, 2021, we recorded $1.7 million and $1.1 million of interest expense related to the SBA debentures, respectively. For the three months ended November 30, 2022 and November 30, 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 November 30, 2022 and November 30, 2021 on the outstanding borrowings of the SBA debentures was 2.86% and 2.44%, respectively. During the three months ended November 30, 2022 and November 30, 2021, the average dollar amount of SBA debentures outstanding was $242.7 million and $176.6 million, respectively. For the nine months ended November 30, 2022 and November 30, 2021, we recorded $4.6 million and $3.4 million of interest expense related to the SBA debentures, respectively. For the nine months ended November 30, 2022 and November 30, 2021, we recorded $0.7 million and $0.5 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 nine months ended November 30, 2022 and November 30, 2021 on the outstanding borrowings of the SBA debentures was 2.74% and 2.66%, respectively. During the nine months ended November 30, 2022 and November 30, 2021, the average dollar amount of SBA debentures outstanding was $226.5 million and $172.0 million, respectively. 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 note, 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 nine months ended November 30, 2022 and November 30, 2021, we recorded $0.0 million and $1.9 million, respectively, of interest expense and $0.0 million and $0.2 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 nine months ended November 30, 2022 and November 30, 2021, the average dollar amount of 6.25% 2025 Notes outstanding was $0.00 million and $39.3 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 November 30, 2022 and November 30, 2021, we recorded $0.0 million and $0.8 million, respectively, of interest expense and $0.00 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 November 30, 2022 and November 30, 2021, the average dollar amount of the 7.25% 2025 Notes outstanding was $0.0 million and $43.1 million respectively. For the nine months ended November 30, 2022 and November 30, 2021, we recorded $1.2 million and $2.3 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 nine months ended November 30, 2022 and November 30, 2021, the average dollar amount of the 7.25% 2025 Notes outstanding was $18.0 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. 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, subject to a fee depending on the date of repayment. 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 November 30, 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 note. 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 November 30, 2022 and November 30, 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 November 30, 2022 and November 30, 2021, the average dollar amount of 7.75% Notes 2025 outstanding was $5.0 million and $5.0 million respectively. For the nine months ended November 30, 2022 and November 30, 2021, we recorded $0.3 million and $0.3 million, respectively, of interest expense and $0.04 million and $0.04 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 nine months ended November 30, 2022 and November 30, 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. 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 note. 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. 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 November 30, 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 note. 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 November 30, 2022 and November 30, 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 November 30, 2022 and November 30, 2021 the average dollar amount of 6.25% Notes 2027 outstanding was $15.0 million and $15.0 million respectively. For the nine months ended November 30, 2022 and November 30, 2021, we recorded $0.7 million and $0.7 million, respectively, of interest expense and $0.05 million and $0.05 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

Commitments and Contingencies

Commitments and Contingencies	9 Months Ended
	Nov. 30, 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 November 30, 2022: Payment Due by Period Long-Term Debt Obligations Total Less Than 1 - 3 3 - 5 More Than ($ in thousands) Revolving credit facility $ 25,000 $ - $ 25,000 $ - $ - SBA debentures 242,660 - 15,000 52,660 175,000 7.00% 2025 Notes 12,000 - 12,000 - - 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 - 8.00% 2027 Notes 46,000 - - 46,000 - Total Long-Term Debt Obligations $ 701,160 $ - $ 57,000 $ 454,160 $ 190,000 Off-Balance Sheet Arrangements As of November 30, 2022 and February 28, 2022, the Company’s off-balance sheet arrangements consisted of $77.5 million and $88.4 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 November 30, 2022 and February 28, 2022 is shown in the table below (dollars in thousands): November 30, February 28, At Company’s discretion ActiveProspect, Inc. $ 10,000 $ - Artemis Wax Corp. 8,500 3,700 Ascend Software, LLC 5,000 5,000 Axero Holdings, LLC - 3,000 Davisware, LLC 2,000 2,000 Granite Comfort, LP 5,000 - JDXpert 5,000 - LFR Chicken LLC 4,000 10,000 Netreo Holdings, LLC 2,350 4,000 Pepper Palace, Inc. 3,000 3,000 Procurement Partners, LLC - 2,800 Saratoga Senior Loan Fund I JV, LLC 8,548 17,500 Sceptre Hospitality Resources, LLC 5,000 1,000 Book4Time, Inc. - 2,000 Total $ 58,398 $ 54,000 At portfolio company’s discretion - satisfaction of certain financial and nonfinancial covenants required Ascend Software, LLC $ 4,200 $ 6,500 ARC Health OpCo LLC 773 - Axero Holdings, LLC - 2,000 Axero Holdings, LLC - Revolver 500 500 Davisware, LLC - 1,000 Exigo, LLC - Delayed Draw Term Loan 4,167 - Exigo, LLC - Revolver 833 - GDS Software Holdings, LLC - 2,786 Granite Comfort, LP 500 - GoReact 500 2,500 JDXpert 1,000 - Madison Logic, Inc. - Revolver 1,084 1,084 New England Dental Partners - 4,500 Pepper Palace, Inc.– Delayed Draw Term Loan 2,000 2,000 Pepper Palace, Inc. - Revolver 2,500 2,500 Zollege PBC 1,000 1,000 LFR Chicken LLC - 3,000 19,057 29,370 Total $ 77,455 $ 83,370 The Company believes its assets will provide adequate coverage to satisfy these unfunded commitments. As of November 30, 2022, the Company had cash and cash equivalents of $47.0 million and $25.0 million in available borrowings under the Encina Credit Facility.

Directors Fees

Directors Fees	9 Months Ended
	Nov. 30, 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 NAV or the market price at the time of payment. No compensation is paid to directors who are “interested persons” of the Company (as defined in Section 2(a)(19) of the 1940 Act). For the three months ended November 30, 2022 and November 30, 2021, we incurred $0.1 million and $0.07 million for directors’ fees and expenses, respectively. For the nine months ended November 30, 2022 and November 30, 2021, we incurred $0.3 million and $0.3 million for directors’ fees and expenses, respectively. As of November 30, 2022 and February 28, 2022, $0.1 million and $0.07 million in directors’ fees and expenses were accrued and unpaid, respectively. As of November 30, 2022, we had not issued any common stock to our directors as compensation for their services.

Stockholders' Equity

Stockholders' Equity	9 Months Ended
	Nov. 30, 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 November 30, 2022, the Company purchased 898,033 shares of common stock, at the average price of $21.65 for approximately $19.5 million pursuant to the Share Repurchase Plan. During the three months ended November 30, 2022 the Company purchased 94,071 shares of common stock, at the average price of $23.17 for approximately $2.1 million pursuant to the Share Repurchase Plan. During the nine months ended November 30, 2022 the Company purchased 389,598 shares of common stock, at the average price of $24.64 for approximately $9.6 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 November 30, 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 nine months ended November 30, 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 Regulation S-X, the Company has presented a reconciliation of the changes in each significant caption of stockholders’ equity as shown in the tables below: Common Stock Capital Total 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 Common Stock Capital Total 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 ) - (3,071 ) Balance at August 31, 2022 11,927,238 $ 11,927 $ 322,832,986 $ 14,368,362 $ 337,213,275 Increase (Decrease) from Operations: Net investment income - - - 9,877,437 9,887,437 Net realized gain (loss) from investments - - - (740,434 ) (740,434 ) Income tax (provision) benefit from realized gain on investments - - - 479,318 479,318 Net change in unrealized appreciation (depreciation) on investments - - - (3,176,208 ) (3,176,208 ) Net change in provision for deferred taxes on unrealized (appreciation) depreciation on investments - - - (425,848 ) (425,848 ) Decrease from Shareholder Distributions: Distributions of investment income – net - - - (6,433,298 ) (6,433,298 ) Capital Share Transactions: Stock dividend distribution 52,312 53 1,150,881 - 1,150,934 Repurchases of common stock (94,071 ) (95 ) (2,179,600 ) - (2,179,695 ) Repurchase fees - - (1,881 ) - (1,881 ) Balance at November 30, 2022 11,885,479 $ 11,885 $ 321,802,386 $ 13,949,329 $ 335,763,600 The Company adopted Rule 3-04/Rule 8-03(a)(5) under Regulation S-X (Note 2). Pursuant to Regulation S-X, the Company has presented a reconciliation of the changes in each significant caption of stockholders’ equity as shown in the tables below: Common Stock Capital Total 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 Common Stock Capital Total 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 Common Stock Capital Total 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 For the Year Ended February 28, 2019 Common Stock Capital Total Shares Amount of Par Value Earnings (Loss) Net Assets 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 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	9 Months Ended
	Nov. 30, 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 nine months ended November 30, 2022 and November 30, 2021 (dollars in thousands except share and per share amounts): For the three months ended For the nine months ended Basic and Diluted November 30, November 30, November 30, November 30, Net increase (decrease) in net assets resulting from operations $ 6,014 $ 8,340 $ 5,475 $ 37,330 Weighted average common shares outstanding 11,893,173 11,450,861 11,989,811 11,312,991 Weighted average earnings (loss) per common share $ 0.51 $ 0.73 $ 0.46 $ 3.30

Dividend

Dividend	9 Months Ended
	Nov. 30, 2022
Disclosure of Dividend [Abstract]
Dividend	Note 13. Dividend On November 15, 2022, the Company declared a dividend of $0.68 per share payable on January 4, 2023, to common stockholders of record on December 15, 2022. Shareholders have the option to receive payment of the dividend in cash, or receive shares of common stock, pursuant to the DRIP. Based on shareholder elections, the dividend consisted of approximately $6.8 million in cash and 53,615 newly issued shares of common stock, or 0.5% 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 $24.26 per share, which equaled 95% of the volume weighted average trading price per share of the common stock on December 20, 21, 22, 23, 27, 28, 29 and 30, 2022 and January 3 and 4, 2023. 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 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 nine months ended November 30, 2022 (dollars in thousands except per share amounts): Date Declared Record Date Payment Date Amount Total Amount* November 15, 2022 December 15, 2022 January 4, 2023 $ 0.68 $ 8,081 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 $ 1.75 $ 20,884 * Total amount is calculated based on the number of shares outstanding at the date of record. The following table summarizes dividends declared for the nine months ended November 30, 2021 (dollars in thousands except per share amounts): Date Declared Record Date Payment Date Amount Total Amount* November 30, 2021 January 4, 2022 January 19, 2022 $ 0.53 $ 6,434 August 26, 2021 September 14, 2021 September 28, 2021 0.52 5,889 May 27, 2021 June 15, 2021 June 29, 2021 0.44 4,910 March 22, 2021 April 8, 2021 April 22, 2021 0.43 4,799 Total dividends declared $ 1.92 $ 22,032 * Total amount is calculated based on the number of shares outstanding at the date of record.

Financial Highlights

Financial Highlights	9 Months Ended
	Nov. 30, 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 nine months ended November 30, 2022 and November 30, 2021: Per share data November 30, November 30, Net asset value at beginning of period $ 29.33 $ 27.25 Net investment income(1) 2.13 1.25 Net realized and unrealized gain and losses on investments(1) (1.57 ) 2.25 Realized losses on extinguishment of debt (0.10 ) (0.20 ) Net increase in net assets resulting from operations 0.46 3.30 Distributions declared from net investment income (1.60 ) (1.39 ) Total distributions to stockholders (1.60 ) (1.39 ) Issuance of common stock above net asset value (2) - - Repurchases of common stock(3) 0.15 0.01 Dilution(4) (0.09 ) - Net asset value at end of period $ 28.25 $ 29.17 Net assets at end of period $ 335,763,600 $ 342,601,745 Shares outstanding at end of period 11,885,479 11,747,004 Per share market value at end of period $ 26.37 $ 28.90 Total return based on market value(5)(6) 2.74 % 32.25 % Total return based on net asset value(5)(7) 2.98 % 13.03 % Ratio/Supplemental data: Ratio of net investment income to average net assets(8) 9.90 % 6.80 % Expenses: Ratios of operating expenses and income taxes to average net assets*(9) 7.02 % 6.19 % Ratio of incentive management fees to average net assets(5) 0.06 % 3.00 % Ratio of interest and debt financing expenses to average net assets(9) 8.97 % 5.90 % Ratio of total expenses and income taxes to average net assets*(8) 16.05 % 15.09 % Portfolio turnover rate(5)(10) 17.77 % 33.79 % Asset coverage ratio per unit(11) 1,732 2,367 Average market value per unit Revolving Credit Facility(12) N/A N/A SBA Debentures Payable(12) N/A N/A 7.00% Notes Payable 2025(12) N/A N/A 6.25% Notes Payable 2025(13) N/A N/A 7.25% Notes Payable 2025(14) N/A $ 26.32 7.75% Notes Payable 2025(12) N/A N/A 4.375% Notes Payable 2026(12) N/A N/A 4.35% Notes Payable 2027(12) N/A N/A 6.25% Notes Payable 2027(12) N/A N/A 6.00% Notes Payable 2027 $ 24.20 N/A 8.00% Notes Payable 2027 $ 24.94 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 NAV 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 NAV 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 NAV 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 NAV per share 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 NAV 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 DRIP. Total investment return does not reflect brokerage commissions. (7) Total investment return is calculated assuming a purchase of common shares at the current NAV on the first day and a sale at the current NAV 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 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 2026, 4.35% Notes Payable 2027, 7.00% Notes Payable 2025 and 6.25% Notes Payable 2027 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	9 Months Ended
	Nov. 30, 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 December 13, 2022, the Company issued $52.5 million in aggregate principal amount of our 8.125% fixed-rate notes due 2027 (the “8.125% 2027 Notes”) for net proceeds of $50.9 million after deducting underwriting commissions of approximately $1.6 million. Offering costs incurred were approximately $0.1 million. The Company has granted the underwriters an option to purchase up to an additional $7.875 million in aggregate principal amount of the 8.125% 2027 Notes. Interest on the 8.125% 2027 Notes is paid quarterly in arrears on February 28, May 31, August 31 and November 30, at a rate of 8.125% per year, beginning February 28, 2023. The 8.125% 2027 Notes mature on December 31, 2027 and commencing December 13, 2024, may be redeemed in whole or in part at any time or from time to time at our option. We expect to use the net proceeds from this offering to make investments in middle-market companies (including investments made through our SBIC subsidiaries) in accordance with our investment objective and strategies and for general corporate purposes. Financing costs of $1.6 million related to the 8.125% 2027 Notes have been capitalized and are being amortized over the term of the 8.125% 2027 Notes. The 8.125% 2027 Notes are listed on the NYSE under the trading symbol “SAY” with a par value of $25.00 per note. On December 21, 2022, the underwriters fully exercised their option to purchase an additional $7.875 million in aggregate principal amount of the 8.125% 2027 Notes. Net proceeds to the Company were $7.6 million after deducting underwriting commissions of approximately $0.2 million. On January 9, 2023, our board of directors extended the Share Repurchase Plan for another year to January 15, 2024, increasing the number of shares to 1.7 million shares of common stock.

Accounting Policies, by Policy

Accounting Policies, by Policy (Policies)	9 Months Ended
	Nov. 30, 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., SIA-Vector, Inc. and SIA-VR, 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, SBIC II LP, and SBIC III 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 November 30, 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 Encina Credit Facility within SIF II, our wholly owned subsidiary. 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 Encina Credit Facility. 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 SBIC LP, SBIC II LP, and SBIC III LP, our wholly owned subsidiaries. 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: November 30, November 30, Cash and cash equivalents $ 5,672,012 $ 120,881,990 Cash and cash equivalents, reserve accounts 41,375,630 23,186,481 Total cash and cash equivalents and cash and cash equivalents, reserve accounts $ 47,047,642 $ 144,068,471
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”), the Class F-2-R-3 Notes tranche of the Saratoga CLO, and the Class E Notes tranche of the SLF 2022 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 (“NAV”), 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 NAV 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 had 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 November 30, 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, SBIC II LP, and SBIC III 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)	9 Months Ended
	Nov. 30, 2022
Accounting Policies [Abstract]
Schedule of reconciliation of cash and cash equivalents and cash and cash equivalents	November 30, November 30, Cash and cash equivalents $ 5,672,012 $ 120,881,990 Cash and cash equivalents, reserve accounts 41,375,630 23,186,481 Total cash and cash equivalents and cash and cash equivalents, reserve accounts $ 47,047,642 $ 144,068,471

Investments (Tables)

Investments (Tables)	9 Months Ended
	Nov. 30, 2022
Investments (Tables) [Line Items]
Schedule of fair value measurements of investments, by major class	Fair Value Measurements Valued Using Level 1 Level 2 Level 3 Value* Total First lien term loans $ - $ - $ 804,242 $ - $ 804,242 Second lien term loans - - 23,780 - 23,780 Unsecured term loans 164 - 20,435 - 20,599 Structured finance securities - - 38,900 - 38,900 Equity interests - - 85,350 9,163 94,513 Total $ 164 $ - $ 972,707 $ 9,163 $ 982,034 * The Company’s equity investment in SLF JV is measured using the proportionate share of the NAV, or equivalent, as a practical expedient and thus has not been classified in the fair value hierarchy. Fair Value Measurements Valued Using Level 1 Level 2 Level 3 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 NAV, 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 244 90 - (2,159 ) 451 (1,374 ) Net accretion of discount on investments 1,262 (17 ) - - - 1,245 Net change in unrealized appreciation (depreciation) on investments (12,049 ) (663 ) 10 (8,219 ) 2,467 (18,454 ) Purchases 309,022 4,950 4,494 11,393 10,606 340,465 Sales and repayments (125,972 ) (24,966 ) - (145 ) (11,009 ) (162,092 ) Net realized gain (loss) from investments 163 - - - 7,203 7,366 Balance as of November 30, 2022 $ 804,242 $ 23,780 $ 20,435 $ 38,900 $ 85,350 $ 972,707 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 $ (12,318 ) $ (705 ) $ 10 $ (8,219 ) $ 15,042 $ (6,190 ) 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 309 70 498 (546 ) 790 1,121 Net accretion of discount on investments 1,346 22 - - - 1,368 Net change in unrealized appreciation (depreciation) on investments 2,292 (431 ) 99 (68 ) 12,254 14,146 Purchases 226,786 19,825 - - 47,143 293,754 Sales and repayments (165,570 ) - - (8,360 ) (42,307 ) (216,237 ) Net realized gain (loss) from investments - - - (140 ) 13,468 13,328 Balance as of November 30, 2021 $ 505,619 $ 44,416 $ 2,738 $ 40,665 $ 68,355 $ 661,793 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 $ 3,597 $ (431 ) $ 99 $ 386 $ 11,837 $ 15,488
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 First lien term loans $ 804,242 Market Comparables Market Yield (%) 9.7% - 22.4% 12.4% Revenue Multiples (x) 4.1x - 4.6x 4.4x EBITDA Multiples (x) 14.5x – 16.0x 15.6x Second lien term loans 23,780 Market Comparables Market Yield (%) 15.3% - 54.0% 40.8% EBITDA Multiples (x) 5.7x - 5.7x 5.7x Unsecured term loans 20,435 Market Comparables Market Yield (%) 10.0% - 25.6% 12.2% Collateral Value Coverage Net Asset Value 100.0% 100.0% Structured finance securities 38,900 Discounted Cash Flow Discount Rate (%) 13.0% - 22.0% 17.8% Recovery Rate (%) 35% - 70% 70.0% Prepayment Rate (%) 20.0% 20.0% Equity interests 85,350 Enterprise Value Waterfall EBITDA Multiples (x) 5.0x - 26.6x 9.8x Revenue Multiples (x) 1.3x - 11.7x 6.4x Total $ 972,707 * 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 First lien term loans $ 631,572 Market Comparables Market Yield (%) 6.0% - 11.3% 8.4% Revenue Multiples (x) 3.5x 3.5x Second lien term loans 44,386 Market Comparables Market Yield (%) 8.9% - 32.9% 15.6% EBITDA Multiples (x) 7.5x 7.5x Unsecured term loans 15,931 Market Comparables Market Yield (%) 22.3% 22.3% Collateral Value Coverage 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 - 28.6x 9.3x Revenue Multiples (x) 1.0x - 11.7x 6.6x 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 at Amortized Cost Investments at Fair Value First lien term loans $ 815,756 82.8 % $ 804,242 81.9 % Second lien term loans 29,919 3.0 23,780 2.4 Unsecured term loans 20,763 2.1 20,599 2.1 Structured finance securities 50,737 5.1 38,900 4.0 Equity interests 69,308 7.0 94,513 9.6 Total $ 986,483 100.0 % $ 982,034 100.0 % Investments at Amortized Cost 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 statements of assets and liabilities	November 30, February 28, (unaudited) ASSETS Investments at fair value Loans at fair value (amortized cost of $643,842,672 and $653,022,265, respectively) $ 592,897,897 $ 638,929,660 Equities at fair value (amortized cost of $0 and $0, respectively) - 33,690 Total investments at fair value (amortized cost of $643,842,672 and $653,022,265, respectively) 592,897,897 638,963,350 Cash and cash equivalents 16,640,269 6,171,793 Receivable from open trades 6,414,343 9,152,660 Interest receivable (net of reserve of $358,730 and $0, respectively) 3,017,057 2,062,856 Due from affiliate (See Note 7) 58,215 - Prepaid expenses and other assets 41,162 100,067 Total assets $ 619,068,943 $ 656,450,726 LIABILITIES Interest payable $ 4,502,328 $ 1,659,776 Payable from open trades 13,817,809 18,794,627 Accrued base management fee 72,763 72,510 Accrued subordinated management fee 291,052 290,040 Accounts payable and accrued expenses 156,006 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 (250,168 ) (268,301 ) Class E-R-3 Deferrable Mezzanine Floating Rate Notes 27,625,000 27,625,000 Discount on Class E-R-3 Notes (2,598,967 ) (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 (1,944,539 ) (2,086,928 ) Subordinated Notes 111,000,000 111,000,000 Discount on Subordinated Notes (41,105,442 ) (44,084,883 ) Total liabilities $ 694,940,842 $ 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) (75,872,149 ) (37,197,733 ) Total net assets (75,871,899 ) (37,197,483 ) Total liabilities and net assets $ 619,068,943 $ 656,450,726
Schedule of statements of operations	For the three months ended For the nine months ended November 30, 2022 November 30, 2021 November 30, 2022 November 30, 2021 INVESTMENT INCOME Total interest from investments $ 11,753,670 $ 7,866,198 $ 29,075,284 $ 15,613,938 Interest from cash and cash equivalents 13,215 119 19,320 691 Other income 26,224 200,320 141,828 517,377 Total investment income 11,793,109 8,066,637 29,236,432 16,132,006 EXPENSES Interest and debt financing expenses 10,177,731 5,569,557 26,287,544 10,405,734 Base management fee 163,651 162,925 490,249 326,571 Subordinated management fee 654,604 651,697 1,960,994 1,306,283 Professional fees 53,254 109,691 263,647 145,357 Trustee expenses 64,579 121,329 197,407 121,329 Other expense 93,097 54,156 244,402 113,939 Total expenses 11,206,916 6,669,355 29,444,243 12,419,213 NET INVESTMENT INCOME (LOSS) 586,193 1,397,282 (207,811 ) 3,712,793 REALIZED AND UNREALIZED LOSS ON INVESTMENTS Net realized gain (loss) from investments (532,640 ) 175,669 (1,599,841 ) (389,425 ) Net change in unrealized appreciation (depreciation) on investments (10,640,315 ) (662,095 ) (36,866,766 ) (1,143,192 ) Net realized and unrealized gain (loss) on investments (11,172,955 ) (486,426 ) (38,466,607 ) (1,532,617 ) NET INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS $ (10,586,762 ) $ 910,856 $ (38,674,418 ) $ 2,180,176
Schedule of investments cash and cash equivalents	Issuer Name Industry Asset Name Asset Reference Rate/Spread LIBOR Floor Current Rate (All In) Maturity Date Principal/ Cost Fair Value 19TH HOLDINGS GOLF, LLC Consumer goods: Durable Term Loan Loan 1M USD SOFR+ 3.00 % 0.50 % 6.89 % 2/7/2029 $ 498,750 $ 496,534 $ 455,109 888 Acquisitions Limited Hotel, Gaming & Leisure Term Loan B Loan 6M USD SOFR+ 5.25 % 0.00 % 8.28 % 7/8/2028 2,000,000 1,711,631 1,716,260 ADMI Corp. Healthcare & Pharmaceuticals Term Loan B Loan 1M USD LIBOR+ 2.75 % 0.00 % 6.82 % 4/30/2025 1,915,276 1,911,485 1,786,473 Adtalem Global Education Inc. Services: Business Term Loan B (02/21) Loan 1M USD LIBOR+ 4.00 % 0.75 % 8.02 % 8/11/2028 691,846 686,098 682,334 Aegis Sciences Corporation Healthcare & Pharmaceuticals Term Loan Loan 3M USD LIBOR+ 5.50 % 1.00 % 10.09 % 5/9/2025 2,431,245 2,421,870 2,329,448 Agiliti Health Inc. Healthcare & Pharmaceuticals Term Loan (09/20) Loan 1M USD LIBOR+ 2.75 % 0.75 % 6.56 % 1/4/2026 214,286 212,959 208,929 Agiliti Health Inc. Healthcare & Pharmaceuticals Term Loan (1/19) Loan 1M USD LIBOR+ 2.75 % 0.00 % 6.56 % 1/4/2026 1,472,244 1,466,711 1,439,118 AHEAD DB Holdings, LLC Services: Business Term Loan (04/21) Loan 3M USD LIBOR+ 3.75 % 0.75 % 7.43 % 10/18/2027 2,962,500 2,874,642 2,887,193 AI Convoy (Luxembourg) S.a.r.l. Aerospace & Defense Term Loan B (USD) Loan 6M USD LIBOR+ 3.50 % 1.00 % 8.17 % 1/18/2027 1,458,273 1,454,100 1,432,447 Air Canada Transportation: Consumer Term Loan B (07/21) Loan 3M USD LIBOR+ 3.50 % 0.75 % 8.13 % 8/11/2028 1,995,000 1,851,503 1,970,063 AIS HoldCo, LLC Services: Business Term Loan Loan 3M USD LIBOR+ 5.00 % 0.00 % 9.41 % 8/15/2025 4,789,642 4,692,827 4,622,004 Alchemy Copyrights, LLC Media: Diversified & Production Term Loan B Loan 1M USD LIBOR+ 3.00 % 0.50 % 6.77 % 3/10/2028 490,022 487,454 486,347 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 1,643,179 1,544,146 AlixPartners, LLP Banking, Finance, Insurance & Real Estate Term Loan B (01/21) Loan 1M USD LIBOR+ 2.75 % 0.50 % 6.82 % 2/4/2028 246,250 245,798 241,172 Alkermes, Inc. Healthcare & Pharmaceuticals Term Loan B (3/21) Loan 1M USD LIBOR+ 2.50 % 0.50 % 6.44 % 3/12/2026 2,131,628 2,117,213 2,035,705 Allen Media, LLC Media: Diversified & Production Term Loan (7/21) Loan 3M USD SOFR+ 5.50 % 0.00 % 9.20 % 2/10/2027 4,405,559 4,377,776 3,646,966 Alliant Holdings Intermediate, LLC Banking, Finance, Insurance & Real Estate Term Loan B4 Loan 1M USD LIBOR+ 3.50 % 0.50 % 7.44 % 11/5/2027 990,000 989,056 959,686 Allied Universal Holdco LLC Services: Business Term Loan 4/21 Loan 1M USD LIBOR+ 3.75 % 0.50 % 7.82 % 5/12/2028 1,980,000 1,971,544 1,869,080 Altisource Solutions S.a r.l. Banking, Finance, Insurance & Real Estate Term Loan B (03/18) Loan 3M USD LIBOR+ 4.00 % 1.00 % 7.67 % 4/3/2024 1,223,297 1,221,048 995,458 Altium Packaging LLC Containers, Packaging & Glass Term Loan (01/21) Loan 1M USD LIBOR+ 2.75 % 0.50 % 6.83 % 1/29/2028 492,500 490,576 475,351 American Greetings Corporation Media: Advertising, Printing & Publishing Term Loan Loan 1M USD LIBOR+ 4.50 % 1.00 % 8.55 % 4/6/2024 3,012,861 3,011,417 2,966,162 American Trailer World Corp Automotive Term Loan Loan 1M USD SOFR+ 3.75 % 0.75 % 7.94 % 3/3/2028 1,357,439 1,354,289 1,212,369 AmWINS Group, LLC Banking, Finance, Insurance & Real Estate Term Loan 2/21 Loan 1M USD LIBOR+ 2.25 % 0.75 % 6.32 % 2/17/2028 1,965,014 1,944,832 1,922,590 Issuer Name Industry Asset Name Asset Reference Rate/Spread LIBOR Floor Current Rate (All In) Maturity Date Principal/ Cost Fair Value Anastasia Parent LLC Consumer goods: Non-durable Term Loan Loan 3M USD LIBOR+ 3.75 % 0.00 % 7.42 % 8/11/2025 960,000 957,829 707,232 Anchor Glass Container Corporation Containers, Packaging & Glass Term Loan (07/17) Loan 3M USD LIBOR+ 2.75 % 1.00 % 6.53 % 12/7/2023 471,381 470,980 339,932 Anchor Packaging, LLC Containers, Packaging & Glass Term Loan B Loan 1M USD LIBOR+ 4.00 % 0.00 % 8.07 % 7/18/2026 979,747 973,021 942,193 ANI Pharmaceuticals, Inc. Healthcare & Pharmaceuticals Term Loan B Loan 1M USD LIBOR+ 6.00 % 0.75 % 10.07 % 11/19/2027 2,977,500 2,927,538 2,842,024 AP Core Holdings II LLC High Tech Industries Term Loan B1 Loan 1M USD LIBOR+ 5.50 % 0.75 % 9.57 % 9/1/2027 1,900,000 1,876,393 1,681,500 AP Core Holdings II LLC High Tech Industries Term Loan B2 Loan 1M USD LIBOR+ 5.50 % 0.75 % 9.57 % 9/1/2027 500,000 493,797 442,085 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 500,000 467,500 481,250 APi Group DE, Inc. (J2 Acquisition) Services: Business Term Loan B Loan 1M USD LIBOR+ 2.50 % 0.00 % 6.57 % 10/1/2026 1,928,237 1,921,493 1,907,026 APLP Holdings Limited Partnership Energy: Electricity Term Loan B (3/21) Loan 3M USD LIBOR+ 3.75 % 1.00 % 7.32 % 5/14/2027 512,994 508,986 510,003 Apollo Commercial Real Estate Finance, Inc. Banking, Finance, Insurance & Real Estate Term Loan B Loan 1M USD LIBOR+ 2.75 % 0.00 % 6.82 % 5/15/2026 2,946,701 2,919,425 2,799,365 Apollo Commercial Real Estate Finance, Inc. Banking, Finance, Insurance & Real Estate Term Loan B1 (2/21) Loan 1M USD LIBOR+ 3.50 % 0.50 % 7.08 % 3/6/2028 985,000 977,071 916,050 AppLovin Corporation High Tech Industries Term Loan (10/21) Loan 3M USD LIBOR+ 3.00 % 0.50 % 6.67 % 10/21/2028 1,492,500 1,489,192 1,397,353 AppLovin Corporation High Tech Industries Term Loan B Loan 1M USD LIBOR+ 3.25 % 0.00 % 7.32 % 8/15/2025 982,143 982,143 951,451 Aramark Corporation Services: Consumer Term Loan Loan 1M USD LIBOR+ 1.75 % 0.00 % 5.82 % 1/15/2027 2,331,250 2,277,399 2,279,286 Aramark Corporation Services: Consumer Term Loan B (4/21) Loan 1M USD LIBOR+ 2.50 % 0.00 % 6.57 % 4/1/2028 1,753,715 1,746,737 1,723,464 ARC FALCON I INC. Chemicals, Plastics, & Rubber Term Loan Loan 1M USD LIBOR+ 3.75 % 0.50 % 7.82 % 9/23/2028 866,067 862,383 772,809 ARC FALCON I INC. (a) Chemicals, Plastics, & Rubber Delayed Draw Term Loan Loan N/A N/A N/A N/A 9/29/2028 0 (534 ) (13,717 ) Arches Buyer Inc. Services: Consumer Term Loan B Loan 1M USD LIBOR+ 3.25 % 0.50 % 7.32 % 12/6/2027 1,484,848 1,476,381 1,347,188 Aretec Group, Inc. Banking, Finance, Insurance & Real Estate Term Loan (10/18) Loan 1M USD SOFR+ 4.25 % 0.00 % 8.44 % 10/1/2025 1,921,193 1,917,473 1,864,038 ASP BLADE HOLDINGS, INC. Capital Equipment Term Loan Loan 3M USD LIBOR+ 4.00 % 0.50 % 7.67 % 10/7/2028 99,294 98,864 81,421 Asplundh Tree Expert, LLC Services: Business Term Loan 2/21 Loan 1M USD LIBOR+ 1.75 % 0.00 % 5.82 % 9/7/2027 980,000 976,531 965,653 AssuredPartners Capital, Inc. Banking, Finance, Insurance & Real Estate Term Loan B (2/20) Loan 1M USD LIBOR+ 3.50 % 0.00 % 7.57 % 2/12/2027 992,347 988,999 952,861 Assuredpartners Inc. Banking, Finance, Insurance & Real Estate Incremental Term Loan (7/21) Loan 1M USD LIBOR+ 3.50 % 0.50 % 7.57 % 2/12/2027 987,500 987,500 947,259 Issuer Name Industry Asset Name Asset Reference Rate/Spread LIBOR Floor Current Rate (All In) Maturity Date Principal/ Cost Fair Value Assuredpartners Inc. Banking, Finance, Insurance & Real Estate Term Loan Loan 1M USD SOFR+ 3.50 % 0.50 % 7.59 % 2/12/2027 497,500 496,473 477,292 ASTRO ONE ACQUISITION CORPORATION Consumer goods: Durable Term Loan Loan 3M USD LIBOR+ 5.50 % 0.75 % 9.17 % 9/15/2028 2,977,500 2,952,162 2,270,344 Asurion, LLC Banking, Finance, Insurance & Real Estate Term Loan B10 Loan 3M USD SOFR+ 4.00 % 0.00 % 7.65 % 8/19/2028 2,000,000 1,903,321 1,749,160 Asurion, LLC Banking, Finance, Insurance & Real Estate Term Loan B8 Loan 1M USD LIBOR+ 3.25 % 0.00 % 7.32 % 12/18/2026 2,972,422 2,963,170 2,595,905 ATHENAHEALTH GROUP INC. Healthcare & Pharmaceuticals Term Loan B (2/22) Loan 1M USD SOFR+ 3.50 % 0.50 % 7.41 % 2/15/2029 1,279,402 1,273,783 1,165,535 ATHENAHEALTH GROUP INC. (a) Healthcare & Pharmaceuticals Delayed Draw Term Loan (02/22) Loan N/A N/A N/A N/A N/A - - (19,348 ) Avaya, Inc. Telecommunications Term Loan B1 Loan 1M USD LIBOR+ 4.25 % 0.00 % 8.12 % 12/15/2027 1,755,766 1,748,465 825,210 Avaya, Inc. Telecommunications Term Loan B-2 (2/21) Loan 1M USD LIBOR+ 4.00 % 0.00 % 7.87 % 12/15/2027 1,000,000 1,000,000 470,000 Avison Young (Canada) Inc Services: Business Term Loan (08/22) Loan 1M USD SOFR+ 7.00 % 0.00 % 10.84 % 1/31/2026 750,000 707,671 705,000 Avison Young (Canada) Inc Services: Business Term Loan Loan 1M USD LIBOR+ 5.75 % 0.00 % 8.12 % 1/31/2026 3,379,660 3,350,178 3,041,694 Avolon TLB Borrower 1 (US) LLC Capital Equipment Term Loan B3 Loan 1M USD LIBOR+ 1.75 % 0.75 % 5.69 % 1/15/2025 1,000,000 924,152 983,280 Avolon TLB Borrower 1 (US) LLC Capital Equipment Term Loan B5 (7/21) Loan 1M USD LIBOR+ 2.25 % 0.50 % 6.19 % 12/1/2027 491,250 487,564 487,182 AZURITY PHARMACEUTICALS, INC. Healthcare & Pharmaceuticals Term Loan B Loan 1M USD LIBOR+ 6.00 % 0.75 % 10.13 % 9/20/2027 481,250 468,648 445,156 B&G Foods, Inc. Beverage, Food & Tobacco Term Loan Loan 1M USD LIBOR+ 2.50 % 0.00 % 6.57 % 10/10/2026 706,458 702,411 663,774 B.C. Unlimited Liability Co (Burger King) Beverage, Food & Tobacco Term Loan B4 Loan 1M USD LIBOR+ 1.75 % 0.00 % 5.82 % 11/19/2026 1,458,750 1,432,378 1,429,575 BAKELITE UK INTERMEDIATE LTD. Chemicals, Plastics, & Rubber Term Loan Loan 3M USD SOFR+ 4.00 % 0.50 % 7.67 % 5/29/2029 997,500 992,785 927,675 Baldwin Risk Partners, LLC Banking, Finance, Insurance & Real Estate Term Loan Loan 1M USD LIBOR+ 3.50 % 0.50 % 7.38 % 10/14/2027 1,229,438 1,218,148 1,189,481 Bausch Health Companies Inc. Healthcare & Pharmaceuticals Term Loan B (1/22) Loan 1M USD SOFR+ 5.25 % 0.50 % 9.15 % 2/1/2027 1,975,000 1,778,325 1,465,608 BCPE Empire Holdings, Inc. Services: Business Term Loan Amendment 3 Loan 1M USD SOFR+ 4.63 % 0.00 % 8.81 % 6/11/2026 497,500 481,689 482,222 Belfor Holdings Inc. Services: Consumer Term Loan Loan 1M USD LIBOR+ 4.00 % 0.00 % 8.07 % 4/6/2026 246,183 246,055 243,877 Issuer Name Industry Asset Name Asset Reference Rate/Spread LIBOR Floor Current Rate (All In) Maturity Date Principal/ Cost Fair Value Belfor Holdings Inc. Services: Consumer Term Loan B-2 (3/22) Loan 1M USD SOFR+ 4.25 % 0.50 % 8.34 % 4/6/2026 997,456 971,635 992,468 Belron Finance US LLC Automotive Term Loan B (3/21) Loan 3M USD LIBOR+ 2.50 % 0.50 % 7.06 % 4/13/2028 1,970,000 1,954,259 1,947,227 Bengal Debt Merger Sub LLC Beverage, Food & Tobacco Term Loan Loan 3M USD SOFR+ 3.25 % 0.50 % 6.90 % 1/24/2029 1,995,000 1,993,510 1,875,300 Blackstone Mortgage Trust, Inc. Banking, Finance, Insurance & Real Estate Term Loan B Loan 1M USD LIBOR+ 2.25 % 0.00 % 6.32 % 4/23/2026 982,278 977,214 956,494 Blackstone Mortgage Trust, Inc. Banking, Finance, Insurance & Real Estate Term Loan (6/21) Loan 1M USD LIBOR+ 2.75 % 0.50 % 6.82 % 4/23/2026 1,468,869 1,461,127 1,435,819 Blucora, Inc. Services: Consumer Term Loan (11/17) Loan 3M USD LIBOR+ 4.00 % 1.00 % 7.67 % 5/22/2024 2,287,052 2,283,467 2,287,052 Blue Tree Holdings, Inc. Chemicals, Plastics, & Rubber Term Loan (2/21) Loan 3M USD LIBOR+ 2.50 % 0.00 % 6.18 % 3/4/2028 985,000 983,025 955,450 Bombardier Recreational Products, Inc. Consumer goods: Durable Term Loan (1/20) Loan 1M USD LIBOR+ 2.00 % 0.00 % 6.07 % 5/24/2027 1,458,799 1,451,939 1,413,212 Boxer Parent Company, Inc. High Tech Industries Term Loan (2/21) Loan 1M USD LIBOR+ 3.75 % 0.00 % 7.82 % 10/2/2025 518,307 518,307 496,476 Bracket Intermediate Holding Corp Healthcare & Pharmaceuticals Term Loan Loan 3M USD LIBOR+ 4.25 % 0.00 % 7.99 % 9/5/2025 960,000 957,834 928,800 BrightSpring Health Services (Phoenix Guarantor) Healthcare & Pharmaceuticals Term Loan B-3 Loan 1M USD LIBOR+ 3.50 % 0.00 % 7.57 % 3/5/2026 985,000 985,000 936,213 BroadStreet Partners, Inc. Banking, Finance, Insurance & Real Estate Term Loan B3 Loan 1M USD LIBOR+ 3.00 % 0.00 % 7.07 % 1/22/2027 2,956,366 2,951,703 2,845,148 Brookfield WEC Holdings Inc. Energy: Electricity Term Loan (1/21) Loan 1M USD LIBOR+ 2.75 % 0.50 % 6.82 % 8/1/2025 1,466,344 1,467,980 1,437,780 BROWN GROUP HOLDING, LLC Aerospace & Defense Term Loan B-2 Loan 3M USD SOFR+ 3.75 % 0.00 % 7.84 % 6/8/2029 500,000 488,005 496,250 Buckeye Partners, L.P. Utilities: Oil & Gas Term Loan (1/21) Loan 1M USD LIBOR+ 2.25 % 0.00 % 6.02 % 11/1/2026 1,955,163 1,945,010 1,929,843 BW Gas & Convenience Holdings LLC Beverage, Food & Tobacco Term Loan B Loan 1M USD LIBOR+ 3.50 % 0.50 % 7.57 % 3/31/2028 2,468,750 2,448,956 2,400,859 Callaway Golf Company Retail Term Loan B Loan 1M USD LIBOR+ 4.50 % 0.00 % 8.57 % 1/4/2026 676,875 669,868 674,973 Camping World, Inc. Retail Term Loan B (5/21) Loan 1M USD LIBOR+ 2.50 % 0.75 % 6.37 % 6/5/2028 2,493,671 2,265,060 2,247,421 CareerBuilder, LLC Services: Business Term Loan Loan 3M USD LIBOR+ 6.75 % 1.00 % 10.42 % 7/31/2023 5,393,388 5,320,672 3,573,119 Casa Systems, Inc Telecommunications Term Loan Loan 3M USD LIBOR+ 4.00 % 1.00 % 6.25 % 12/20/2023 - 11,270 - Castle US Holding Corporation Media: Advertising, Printing & Publishing Term Loan B (USD) Loan 1M USD LIBOR+ 3.75 % 0.00 % 7.82 % 1/27/2027 1,967,571 1,957,645 1,368,701 CBI BUYER, INC. Consumer goods: Durable Term Loan Loan 1M USD LIBOR+ 3.25 % 0.50 % 7.13 % 1/6/2028 2,977,424 2,815,361 2,149,700 Issuer Name Industry Asset Name Asset Reference Rate/Spread LIBOR Floor Current Rate (All In) Maturity Date Principal/ Cost Fair Value CCC Intelligent Solutions Inc. Services: Business Term Loan B Loan 1M USD LIBOR+ 2.25 % 0.50 % 6.32 % 9/16/2028 248,125 247,590 243,907 CCI Buyer, Inc Telecommunications Term Loan Loan 3M USD SOFR+ 4.00 % 0.75 % 7.55 % 12/17/2027 246,250 244,380 237,693 CCRR Parent, Inc. Healthcare & Pharmaceuticals Term Loan B (11/22) Loan 1M USD SOFR+ 4.25 % 0.50 % 8.16 % 3/5/2028 1,000,000 950,000 950,000 CCRR Parent, Inc. Healthcare & Pharmaceuticals Term Loan B Loan 1M USD LIBOR+ 3.75 % 0.75 % 7.83 % 3/5/2028 985,000 980,935 935,750 CCS-CMGC Holdings, Inc. Healthcare & Pharmaceuticals Term Loan Loan 3M USD LIBOR+ 5.50 % 0.00 % 9.91 % 9/25/2025 2,406,250 2,395,238 2,218,563 CDK GLOBAL, INC. High Tech Industries Term Loan B Loan 1M USD SOFR+ 4.50 % 0.50 % 8.11 % 7/6/2029 1,000,000 970,767 987,160 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 2,970,000 2,947,629 2,722,005 CENTURI GROUP, INC. Construction & Building Term Loan B Loan 1M USD LIBOR+ 2.50 % 0.50 % 6.57 % 8/27/2028 880,830 873,365 847,526 CenturyLink, Inc. Telecommunications Term Loan B (1/20) Loan 1M USD LIBOR+ 2.25 % 0.00 % 6.32 % 3/15/2027 3,899,823 3,895,031 3,691,846 Charlotte Buyer, Inc. Services: Business Term Loan B Loan 1M USD SOFR+ 5.25 % 0.00 % 9.05 % 2/11/2028 1,500,000 1,399,252 1,420,005 Chemours Company, (The) Chemicals, Plastics, & Rubber Term Loan Loan 1M USD LIBOR+ 1.75 % 0.00 % 5.83 % 4/3/2025 907,689 880,613 889,535 Churchill Downs Incorporated Hotel, Gaming & Leisure Term Loan B1 (3/21) Loan 1M USD LIBOR+ 2.00 % 0.00 % 6.08 % 3/17/2028 492,500 491,517 483,881 CIMPRESS PUBLIC LIMITED COMPANY Media: Advertising, Printing & Publishing USD Term Loan Loan 1M USD LIBOR+ 3.50 % 0.50 % 7.57 % 5/17/2028 1,984,975 1,893,696 1,741,815 CITADEL SECURITIES LP Banking, Finance, Insurance & Real Estate Term Loan B (01/21) Loan 1M USD SOFR+ 2.50 % 0.00 % 6.70 % 2/2/2028 4,925,000 4,921,355 4,844,969 Clarios Global LP Automotive Term Loan B1 Loan 1M USD LIBOR+ 3.25 % 0.00 % 7.32 % 4/30/2026 1,267,812 1,260,725 1,245,891 Claros Mortgage Trust, Inc Banking, Finance, Insurance & Real Estate Term Loan B-1 (11/21) Loan 1M USD SOFR+ 4.50 % 0.50 % 8.40 % 8/9/2026 3,448,649 3,429,363 3,392,608 CLYDESDALE ACQUISITION HOLDINGS, INC. Containers, Packaging & Glass Term Loan B Loan 1M USD SOFR+ 4.18 % 0.50 % 8.36 % 4/13/2029 1,496,250 1,461,330 1,442,415 Cole Haan Consumer goods: Non-durable Term Loan B Loan 3M USD LIBOR+ 5.50 % 0.00 % 9.17 % 2/7/2025 887,500 883,329 813,545 Columbus McKinnon Corporation Capital Equipment Term Loan (4/21) Loan 3M USD LIBOR+ 2.75 % 0.50 % 6.44 % 5/14/2028 458,677 457,730 450,650 Conduent, Inc. Services: Business Term Loan B Loan 1M USD LIBOR+ 4.25 % 0.50 % 8.32 % 10/16/2028 1,792,500 1,758,276 1,684,950 Connect Finco SARL Telecommunications Term Loan (1/21) Loan 1M USD LIBOR+ 3.50 % 1.00 % 7.58 % 12/11/2026 2,925,000 2,818,276 2,884,781 Consolidated Communications, Inc. Telecommunications Term Loan B Loan 1M USD LIBOR+ 3.50 % 0.75 % 7.63 % 10/2/2027 2,714,005 2,511,207 2,370,222 CORAL-US CO-BORROWER LLC Telecommunications Term Loan B-5 Loan 1M USD LIBOR+ 2.25 % 0.00 % 6.13 % 1/31/2028 4,000,000 3,988,162 3,871,000 Corelogic, Inc. Services: Business Term Loan (4/21) Loan 1M USD LIBOR+ 3.50 % 0.50 % 7.63 % 6/2/2028 2,475,000 2,464,692 2,035,688 Issuer Name Industry Asset Name Asset Reference Rate/Spread LIBOR Floor Current Rate (All In) Maturity Date Principal/ Cost Fair Value Cortes NP Acquisition Corp (Vertiv) Capital Equipment Term Loan 2/21 Loan 1M USD LIBOR+ 2.75 % 0.00 % 6.55 % 3/2/2027 1,965,000 1,965,000 1,913,419 COWEN INC. Banking, Finance, Insurance & Real Estate Term Loan Loan 6M USD LIBOR+ 3.25 % 0.00 % 7.43 % 3/24/2028 3,937,424 3,917,264 3,912,816 Creative Artists Agency, LLC Media: Diversified & Production Term Loan B2 (6/22) Loan 1M USD SOFR+ 4.25 % 1.00 % 8.34 % 11/27/2026 498,750 481,495 491,269 CROCS INC Consumer goods: Durable Term Loan Loan 6M USD SOFR+ 3.50 % 0.50 % 7.73 % 2/20/2029 2,962,500 2,851,533 2,855,109 Cross Financial Corp Banking, Finance, Insurance & Real Estate Term Loan B (3/21) Loan 1M USD LIBOR+ 4.00 % 0.75 % 8.13 % 9/15/2027 493,750 493,278 486,754 Crown Subsea Communications Holding, Inc. Construction & Building Term Loan (4/21) Loan 1M USD LIBOR+ 4.75 % 0.75 % 8.52 % 4/27/2027 3,404,110 3,376,446 3,316,896 CSC Holdings LLC (Neptune Finco Corp.) Media: Broadcasting & Subscription Term Loan B Loan 1M USD LIBOR+ 2.25 % 0.00 % 6.12 % 1/15/2026 481,250 480,747 457,938 CSC Holdings LLC (Neptune Finco Corp.) Media: Broadcasting & Subscription Term Loan B (03/17) Loan 1M USD LIBOR+ 2.25 % 0.00 % 6.12 % 7/15/2025 1,918,782 1,907,588 1,834,356 CSC Holdings LLC (Neptune Finco Corp.) Media: Broadcasting & Subscription Term Loan B-5 Loan 1M USD LIBOR+ 2.50 % 0.00 % 6.37 % 4/15/2027 486,250 486,250 454,848 CTS Midco, LLC High Tech Industries Term Loan B Loan 3M USD LIBOR+ 6.00 % 1.00 % 10.41 % 11/2/2027 1,965,000 1,920,583 1,650,600 Daseke Inc Transportation: Cargo Term Loan 2/21 Loan 1M USD LIBOR+ 4.00 % 0.75 % 8.02 % 3/5/2028 1,477,500 1,471,549 1,423,483 Dave & Buster’s Inc. Hotel, Gaming & Leisure Term Loan B (04/22) Loan 1M USD SOFR+ 5.00 % 0.50 % 9.19 % 6/29/2029 997,500 949,562 988,273 DCert Buyer, Inc. High Tech Industries Term Loan Loan 6M USD SOFR+ 4.00 % 0.00 % 8.70 % 10/16/2026 1,473,552 1,473,552 1,415,140 Delek US Holdings, Inc. Utilities: Oil & Gas Term Loan B Loan 1M USD LIBOR+ 2.25 % 0.00 % 6.00 % 3/31/2025 4,761,489 4,737,511 4,713,874 Delek US Holdings, Inc. Utilities: Oil & Gas Term Loan B (11/22) Loan 1M USD SOFR+ 3.50 % 0.50 % 5.79 % 11/16/2029 638,511 612,970 611,904 Delta 2 Lux Sarl Hotel, Gaming & Leisure Term Loan B Loan 1M USD SOFR+ 3.25 % 0.50 % 7.20 % 1/15/2030 1,000,000 990,000 994,690 DexKo Global, Inc. (Dragon Merger) Automotive Term Loan (9/21) Loan 3M USD LIBOR+ 3.75 % 0.50 % 7.42 % 10/4/2028 995,000 991,404 897,709 DG Investment Intermediate Holdings 2, Inc. Aerospace & Defense Incremental Term Loan (3/22) Loan 1M USD SOFR+ 4.75 % 0.75 % 8.84 % 3/31/2028 500,000 480,000 480,000 Diamond Sports Group, LLC Media: Broadcasting & Subscription 1st Priority Term Loan Loan 1M USD SOFR+ 8.00 % 1.00 % 11.89 % 5/25/2026 343,206 334,272 323,128 Diamond Sports Group, LLC Media: Broadcasting & Subscription Second Lien Term Loan Loan 1M USD SOFR+ 3.25 % 0.00 % 7.14 % 8/24/2026 3,383,403 3,002,894 535,017 Issuer Name Industry Asset Name Asset Reference Rate/Spread LIBOR Floor Current Rate (All In) Maturity Date Principal/ Cost Fair Value DIRECTV FINANCING, LLC Media: Broadcasting & Subscription Term Loan Loan 1M USD LIBOR+ 5.00 % 0.75 % 9.07 % 8/2/2027 3,640,000 3,610,628 3,481,150 DISCOVERY PURCHASER CORPORATION Chemicals, Plastics, & Rubber Term Loan Loan 3M USD SOFR+ 4.38 % 0.50 % 7.97 % 10/4/2029 1,500,000 1,381,965 1,366,125 Dispatch Acquisition Holdings, LLC Environmental Industries Term Loan B (3/21) Loan 3M USD LIBOR+ 4.25 % 0.75 % 7.92 % 3/25/2028 493,750 489,829 408,578 DOMTAR CORPORATION Forest Products & Paper Term Loan 9/21 Loan 1M USD LIBOR+ 5.50 % 0.75 % 8.81 % 11/30/2028 1,313,445 1,274,186 1,278,415 DOTDASH MEREDITH, INC. Media: Advertising, Printing & Publishing Term Loan B Loan 1M USD SOFR+ 4.00 % 0.50 % 7.84 % 11/30/2028 2,000,000 1,801,481 1,730,000 DRI HOLDING INC. Media: Advertising, Printing & Publishing Term Loan (12/21) Loan 1M USD LIBOR+ 5.25 % 0.50 % 9.32 % 12/15/2028 3,982,494 3,835,244 3,537,769 DRW Holdings, LLC Banking, Finance, Insurance & Real Estate Term Loan (2/21) Loan 1M USD LIBOR+ 3.75 % 0.00 % 7.82 % 3/1/2028 6,435,000 6,394,793 6,264,086 DTZ U.S. Borrower, LLC Construction & Building Term Loan Loan 1M USD LIBOR+ 2.75 % 0.00 % 6.82 % 8/21/2025 3,846,424 3,837,843 3,747,532 EAB Global, Inc. Services: Business Term Loan (08/21) Loan 1M USD LIBOR+ 3.50 % 0.50 % 7.57 % 8/16/2028 992,500 988,234 955,103 Echo Global Logistics, Inc. Services: Business Term Loan Loan 1M USD LIBOR+ 3.50 % 0.50 % 7.57 % 11/23/2028 1,990,000 1,985,621 1,827,815 Edelman Financial Group Inc., The Banking, Finance, Insurance & Real Estate Term Loan B (3/21) Loan 1M USD LIBOR+ 3.50 % 0.75 % 7.57 % 4/7/2028 2,194,102 2,187,303 2,090,869 Electrical Components Inter., Inc. Capital Equipment Term Loan (6/18) Loan 1M USD LIBOR+ 4.25 % 0.00 % 8.32 % 6/26/2025 1,893,400 1,893,400 1,693,419 ELECTRON BIDCO INC. Healthcare & Pharmaceuticals Term Loan Loan 1M USD LIBOR+ 3.00 % 0.50 % 7.07 % 11/1/2028 497,500 495,391 482,222 ELO Touch Solutions, Inc. Media: Diversified & Production Term Loan (12/18) Loan 3M USD LIBOR+ 6.50 % 0.00 % 10.17 % 12/14/2025 2,175,269 2,117,050 2,091,891 Embecta Corp Healthcare & Pharmaceuticals Term Loan B Loan 3M USD SOFR+ 3.00 % 0.50 % 6.55 % 3/30/2029 616,467 613,029 592,197 Endo Luxembourg Finance Company I S.a.r.l. Healthcare & Pharmaceuticals Term Loan (3/21) Loan Prime 6.00 % 0.75 % 13.00 % 3/27/2028 2,335,285 2,327,697 1,850,714 Endure Digital, Inc. High Tech Industries Term Loan B Loan 1M USD LIBOR+ 3.50 % 0.75 % 7.35 % 2/10/2028 2,468,750 2,458,793 2,234,219 Envision Healthcare Corporation Healthcare & Pharmaceuticals Term Loan B (06/18) Loan 3M USD LIBOR+ 3.75 % 0.00 % 8.16 % 10/10/2025 4,802,089 4,798,602 1,333,780 EOS U.S. FINCO LLC Transportation: Cargo Term Loan Loan 3M USD SOFR+ 6.00 % 0.50 % 9.61 % 8/3/2029 1,000,000 921,781 962,500 Equiniti Group PLC Services: Business Term Loan B Loan 3M USD LIBOR+ 4.50 % 0.50 % 8.17 % 12/11/2028 992,500 983,752 976,372 EyeCare Partners, LLC Healthcare & Pharmaceuticals Term Loan Loan 3M USD LIBOR+ 3.75 % 0.00 % 7.42 % 2/18/2027 1,953,051 1,952,938 1,683,530 Finco I LLC Banking, Finance, Insurance & Real Estate Term Loan B (9/20) Loan 1M USD LIBOR+ 2.50 % 0.00 % 6.57 % 6/27/2025 2,830,950 2,826,583 2,815,040 Issuer Name Industry Asset Name Asset Reference Rate/Spread LIBOR Floor Current Rate (All In) Maturity Date Principal/ Cost Fair Value First Brands Group, LLC Automotive 1st Lien Term Loan (3/21) Loan 6M USD SOFR+ 5.00 % 1.00 % 8.37 % 3/30/2027 4,925,000 4,863,003 4,744,400 First Eagle Investment Management Banking, Finance, Insurance & Real Estate Refinancing Term Loan Loan 3M USD LIBOR+ 2.50 % 0.00 % 6.17 % 2/1/2027 5,159,769 5,146,052 5,022,467 First Student Bidco Inc. Transportation: Consumer Term Loan B Loan 3M USD LIBOR+ 3.00 % 0.50 % 6.64 % 7/21/2028 724,914 720,485 680,289 First Student Bidco Inc. Transportation: Consumer Term Loan C Loan 3M USD LIBOR+ 3.00 % 0.50 % 6.64 % 7/21/2028 269,608 267,960 253,011 Fitness International, LLC (LA Fitness) Services: Consumer Term Loan B (4/18) Loan 3M USD SOFR+ 3.25 % 1.00 % 7.49 % 4/18/2025 1,330,058 1,326,498 1,218,666 Flutter Financing B.V. Hotel, Gaming & Leisure Third Amendment 2028-B Term Loan Loan 3M USD SOFR+ 3.25 % 0.50 % 7.01 % 7/21/2028 750,000 733,395 743,955 FOCUS FINANCIAL PARTNERS, LLC Banking, Finance, Insurance & Real Estate Term Loan B Loan 1M USD SOFR+ 3.25 % 0.50 % 7.33 % 6/29/2028 1,491,026 1,473,267 1,465,872 Franchise Group, Inc. Services: Consumer First Out Term Loan Loan 3M USD LIBOR+ 4.75 % 0.75 % 8.69 % 3/10/2026 799,104 793,510 768,139 Franklin Square Holdings, L.P. Banking, Finance, Insurance & Real Estate Term Loan Loan 1M USD LIBOR+ 2.25 % 0.00 % 6.38 % 8/1/2025 4,319,981 4,304,912 4,265,982 Froneri International (R&R Ice Cream) Beverage, Food & Tobacco Term Loan B-2 Loan 1M USD LIBOR+ 2.25 % 0.00 % 6.32 % 1/29/2027 1,955,000 1,952,258 1,897,738 Garrett LX III S.a r.l. Automotive Dollar Term Loan Loan 3M USD LIBOR+ 3.25 % 0.50 % 7.67 % 4/30/2028 1,485,000 1,479,126 1,466,438 Gates Global LLC Automotive Term Loan (11/22) Loan 1M USD SOFR+ 3.50 % 0.50 % 7.30 % 11/9/2029 250,000 242,500 245,500 Gemini HDPE LLC Chemicals, Plastics, & Rubber Term Loan B (12/20) Loan 3M USD LIBOR+ 3.00 % 0.50 % 7.42 % 12/31/2027 2,315,912 2,301,741 2,253,961 General Nutrition Centers, Inc. Retail Second Lien Term Loan Loan 1M USD LIBOR+ 6.00 % 0.00 % 9.94 % 10/7/2026 361,259 361,259 331,156 Genesee & Wyoming, Inc. Transportation: Cargo Term Loan (11/19) Loan 3M USD LIBOR+ 2.00 % 0.00 % 5.67 % 12/30/2026 1,462,500 1,458,153 1,446,968 GGP Inc. Banking, Finance, Insurance & Real Estate Term Loan B Loan 1M USD SOFR+ 2.50 % 0.00 % 6.69 % 8/27/2025 3,083,145 2,709,702 3,040,752 Global Tel*Link Corporation Telecommunications Term Loan B Loan 3M USD SOFR+ 4.25 % 0.00 % 8.49 % 11/29/2025 4,910,390 4,754,383 4,221,413 Go Daddy Operating Company, LLC High Tech Industries Term Loan 2/21 Loan 1M USD LIBOR+ 2.00 % 0.00 % 6.07 % 8/10/2027 1,964,824 1,964,824 1,945,176 GOLDEN WEST PACKAGING GROUP LLC Forest Products & Paper Term Loan (11/21) Loan 1M USD LIBOR+ 5.25 % 0.75 % 9.00 % 12/1/2027 1,975,000 1,957,934 1,910,813 Graham Packaging Co Inc Containers, Packaging & Glass Term Loan (2/21) Loan 1M USD LIBOR+ 3.00 % 0.75 % 7.07 % 8/7/2027 964,966 959,889 942,048 Great Outdoors Group, LLC Retail Term Loan B2 Loan 1M USD LIBOR+ 3.75 % 0.75 % 7.82 % 3/6/2028 982,575 978,572 943,026 Greenhill & Co., Inc. Banking, Finance, Insurance & Real Estate Term Loan B Loan 1M USD LIBOR+ 3.25 % 0.00 % 7.32 % 4/12/2024 2,844,231 2,833,856 2,766,014 Issuer Name Industry Asset Name Asset Reference Rate/Spread LIBOR Floor Current Rate (All In) Maturity Date Principal/ Cost Fair Value Griffon Corporation Consumer goods: Durable Term Loan B Loan 1M USD SOFR+ 2.50 % 0.50 % 6.62 % 1/24/2029 155,000 154,653 151,998 Grosvenor Capital Management Holdings, LLLP Banking, Finance, Insurance & Real Estate Amendment 5 Term Loan Loan 1M USD LIBOR+ 2.50 % 0.50 % 6.57 % 2/24/2028 2,844,023 2,841,299 2,801,363 Harbor Freight Tools USA, Inc. Retail Term Loan B (06/21) Loan 1M USD LIBOR+ 2.75 % 0.50 % 6.82 % 10/19/2027 3,447,236 3,428,346 3,266,980 Helix Gen Funding, LLc Energy: Electricity Term Loan B (02/17) Loan 1M USD LIBOR+ 3.75 % 1.00 % 7.82 % 6/3/2024 209,702 209,657 202,798 Hillman Group Inc. (The) (New) Consumer goods: Durable Term Loan B-1 (2/21) Loan 1M USD LIBOR+ 2.75 % 0.50 % 6.79 % 7/14/2028 3,487,975 3,481,366 3,372,872 Hillman Group Inc. (The) (New) (a) Consumer goods: Durable Delayed Draw Term Loan (2/21) Loan 1M USD LIBOR+ 2.75 % 0.50 % 6.79 % 7/14/2028 66,836 66,835 39,010 HLF Financing SARL (Herbalife) Consumer goods: Non-durable Term Loan B (08/18) Loan 1M USD LIBOR+ 2.50 % 0.00 % 6.57 % 8/18/2025 3,520,000 3,513,070 3,358,960 Holley Purchaser, Inc Automotive Term Loan (11/21) Loan 3M USD LIBOR+ 3.75 % 0.75 % 8.42 % 11/17/2028 2,324,464 2,315,433 2,030,280 Howden Group Holdings Banking, Finance, Insurance & Real Estate Term Loan (1/21) Loan 1M USD LIBOR+ 3.25 % 0.75 % 7.38 % 11/12/2027 2,157,681 2,148,953 2,100,653 Hudson River Trading LLC Banking, Finance, Insurance & Real Estate Term Loan (3/21) Loan 1M USD SOFR+ 3.00 % 0.00 % 7.20 % 3/17/2028 5,910,000 5,863,465 5,491,040 Idera, Inc. High Tech Industries Term Loan (02/21) Loan 3M USD LIBOR+ 3.75 % 0.75 % 7.50 % 3/2/2028 4,823,353 4,813,942 4,560,094 IMA Financial Group, Inc. Banking, Finance, Insurance & Real Estate Term Loan (10/21) Loan 1M USD LIBOR+ 3.50 % 0.50 % 7.57 % 11/1/2028 1,985,000 1,976,455 1,911,813 INDY US BIDCO, LLC Services: Business Term Loan (11/21) Loan 1M USD LIBOR+ 3.75 % 0.00 % 7.82 % 3/6/2028 2,221,313 2,220,912 1,940,872 INEOS US PETROCHEM LLC Chemicals, Plastics, & Rubber Term Loan (1/21) Loan 1M USD LIBOR+ 2.75 % 0.50 % 6.82 % 1/29/2026 1,984,975 1,930,186 1,950,238 Informatica Inc. High Tech Industries Term Loan B (10/21) Loan 1M USD LIBOR+ 2.75 % 0.00 % 6.88 % 10/27/2028 497,500 497,008 486,804 Ingram Micro Inc. Wholesale Term Loan Loan 3M USD LIBOR+ 3.50 % 0.50 % 7.17 % 6/30/2028 1,481,250 1,468,838 1,457,639 Inmar Acquisition Sub, Inc. Services: Business Term Loan B Loan 1M USD LIBOR+ 4.00 % 1.00 % 8.07 % 5/1/2024 3,359,537 3,331,094 3,037,021 Innophos, Inc. Chemicals, Plastics, & Rubber Term Loan B Loan 1M USD LIBOR+ 3.25 % 0.00 % 7.32 % 2/4/2027 487,500 485,983 478,969 INSTANT BRANDS HOLDINGS INC. Consumer goods: Durable Term Loan 4/21 Loan 6M USD LIBOR+ 5.00 % 0.75 % 7.08 % 4/7/2028 4,112,759 4,094,253 2,739,097 Isagenix International, LLC (b) Beverage, Food & Tobacco Term Loan Loan 3M USD LIBOR+ 7.75 % 1.00 % 11.35 % 6/14/2025 2,364,256 2,343,650 505,360 Ivory Merger Sub, Inc. Healthcare & Pharmaceuticals Term Loan Loan 1M USD LIBOR+ 3.50 % 0.00 % 7.39 % 3/14/2025 2,934,827 2,920,577 2,773,412 J Jill Group, Inc Retail Common Stock - Restricted N/A N/A N/A N/A N/A N/A 2,107 - 53,602 J Jill Group, Inc Retail Priming Term Loan Loan 3M USD LIBOR+ 5.00 % 1.00 % 9.41 % 5/8/2024 1,559,000 1,558,339 1,424,537 Jane Street Group Banking, Finance, Insurance & Real Estate Term Loan (1/21) Loan 1M USD LIBOR+ 2.75 % 0.00 % 6.82 % 1/31/2028 3,930,000 3,925,864 3,813,947 Issuer Name Industry Asset Name Asset Reference Rate/Spread LIBOR Floor Current Rate (All In) Maturity Date Principal/ Cost Fair Value Journey Personal Care Corp. Consumer goods: Non-durable Term Loan B Loan 3M USD LIBOR+ 4.25 % 0.75 % 7.92 % 3/1/2028 987,500 983,491 706,063 JP Intermediate B, LLC Consumer goods: Non-durable Term Loan Loan 3M USD LIBOR+ 5.50 % 1.00 % 9.91 % 11/15/2025 3,951,625 3,929,324 2,850,109 Klockner-Pentaplast of America, Inc. Containers, Packaging & Glass Term Loan (1/21) (USD) Loan 6M USD SOFR+ 4.75 % 0.50 % 8.26 % 2/12/2026 1,477,500 1,472,741 1,311,902 Kodiak BP, LLC Construction & Building Term Loan Loan 3M USD LIBOR+ 3.25 % 0.75 % 6.92 % 3/13/2028 492,500 491,212 464,590 KREF Holdings X LLC Banking, Finance, Insurance & Real Estate Term Loan (11/21) Loan 1M USD LIBOR+ 3.50 % 0.50 % 7.44 % 9/1/2027 492,528 483,597 486,372 Lakeland Tours, LLC Hotel, Gaming & Leisure Holdco Fixed Term Loan Loan Fixed 0.00 % 0.00 % 13.25 % 9/27/2027 990,775 374,526 610,981 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 - 101,437 - Lealand Finance Company B.V. Energy: Oil & Gas Exit Term Loan Loan 1M USD LIBOR+ 1.00 % 0.00 % 5.07 % 6/30/2025 342,503 342,503 180,098 LHS BORROWER, LLC Construction & Building Term Loan (02/22) Loan 1M USD SOFR+ 4.75 % 0.50 % 8.94 % 2/25/2029 1,000,000 813,015 806,250 Lifetime Brands, Inc Consumer goods: Non-durable Term Loan B Loan 1M USD LIBOR+ 3.50 % 1.00 % 7.57 % 2/28/2025 2,616,496 2,600,308 2,481,301 Liquid Tech Solutions Holdings, LLC Services: Business Term Loan Loan 6M USD LIBOR+ 4.75 % 0.00 % 8.92 % 3/17/2028 987,500 984,471 933,188 LogMeIn, Inc. High Tech Industries Term Loan (8/20) Loan 1M USD LIBOR+ 4.75 % 0.00 % 8.77 % 8/31/2027 3,930,000 3,874,858 2,513,549 LOYALTY VENTURES INC. Services: Business Term Loan B Loan 1M USD LIBOR+ 4.50 % 0.50 % 8.57 % 11/3/2027 3,152,258 3,136,058 1,245,142 LPL Holdings, Inc. Banking, Finance, Insurance & Real Estate Term Loan B1 Loan 1M USD LIBOR+ 1.75 % 0.00 % 5.52 % 11/11/2026 1,210,969 1,209,252 1,202,892 LSF11 A5 HOLDCO LLC Chemicals, Plastics, & Rubber Term Loan Loan 1M USD SOFR+ 3.50 % 0.50 % 7.70 % 10/16/2028 248,750 247,702 240,302 LSF9 Atlantis Holdings, LLC (A Wireless) Retail Term Loan B Loan 3M USD SOFR+ 7.25 % 0.75 % 10.80 % 3/29/2029 3,000,000 2,905,986 2,894,370 MA FinanceCo LLC High Tech Industries Term Loan B4 Loan 3M USD LIBOR+ 4.25 % 1.00 % 7.42 % 6/5/2025 2,857,188 2,810,388 2,835,759 MAGNITE, INC. Services: Business Term Loan Loan 3M USD LIBOR+ 5.00 % 0.75 % 9.74 % 4/28/2028 2,972,475 2,905,470 2,784,228 Marriott Ownership Resorts, Inc. Hotel, Gaming & Leisure Term Loan (11/19) Loan 1M USD LIBOR+ 1.75 % 0.00 % 5.82 % 8/29/2025 1,317,074 1,317,074 1,298,306 Match Group, Inc, The Services: Consumer Term L

Income Taxes (Tables)

Income Taxes (Tables)	9 Months Ended
	Nov. 30, 2022
Income Tax Disclosure [Abstract]
Schedule of deferred tax assets and liabilities	November 30, February 28, Total deferred tax assets $ 2,350,087 $ 1,991,241 Total deferred tax liabilities (2,311,448 ) (1,293,496 ) Valuation allowance on net deferred tax assets (2,178,299 ) (1,946,761 ) Net deferred tax liability $ (2,139,660 ) $ (1,249,016 )
Schedule of federal and state income tax provisions benefit	For the three months ended For the nine months ended November 30, November 30, November 30, November 30, Current Federal $ (255,959 ) $ 2,157,212 $ (473,475 ) $ 2,583,041 State (158,721 ) 289,961 (80,273 ) 340,655 Net current expense (414,680 ) 2,447,173 (553,748 ) 2,923,696 Deferred Federal 460,531 (1,916,842 ) 844,727 (677,986 ) State (29,901 ) (604,143 ) 45,917 (253,182 ) Net deferred expense 430,629 (2,520,985 ) 890,645 (931,168 ) Net tax provision $ 15,949 $ (73,812 ) $ 336,896 $ 1,992,528

Borrowings (Tables)

Borrowings (Tables)	9 Months Ended
	Nov. 30, 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 November 30, 2022) $ 25,000 $ 1,732 - 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) 7.00% Notes due 2025 Fiscal year 2023 (as of November 30, 2022) $ 12,000 $ 1,732 $ 25.00 (12) 7.25% Notes due 2025(16) Fiscal year 2023 (as of November 30, 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 November 30, 2022) $ 5,000 $ 1,732 - $ 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 November 30, 2022) $ 175,000 $ 1,732 - $ 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 November 30, 2022) $ 75,000 $ 1,732 - $ 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 November 30, 2022) $ 15,000 $ 1,732 - $ 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(17) Fiscal year 2023 (as of November 30, 2022) $ 105,500 $ 1,732 $ 24.20 (15) 8.00% Notes due 2027(17) Fiscal year 2023 (as of November 30, 2022) $ 46,000 $ 1,732 $ 24.94 (17) (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. (17) Based on the average daily trading price of the 2027 Notes on the NYSE.

Commitments and Contingencies (

Commitments and Contingencies (Tables)	9 Months Ended
	Nov. 30, 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 - 3 3 - 5 More Than ($ in thousands) Revolving credit facility $ 25,000 $ - $ 25,000 $ - $ - SBA debentures 242,660 - 15,000 52,660 175,000 7.00% 2025 Notes 12,000 - 12,000 - - 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 - 8.00% 2027 Notes 46,000 - - 46,000 - Total Long-Term Debt Obligations $ 701,160 $ - $ 57,000 $ 454,160 $ 190,000
Schedule of unfunded commitments outstanding	November 30, February 28, At Company’s discretion ActiveProspect, Inc. $ 10,000 $ - Artemis Wax Corp. 8,500 3,700 Ascend Software, LLC 5,000 5,000 Axero Holdings, LLC - 3,000 Davisware, LLC 2,000 2,000 Granite Comfort, LP 5,000 - JDXpert 5,000 - LFR Chicken LLC 4,000 10,000 Netreo Holdings, LLC 2,350 4,000 Pepper Palace, Inc. 3,000 3,000 Procurement Partners, LLC - 2,800 Saratoga Senior Loan Fund I JV, LLC 8,548 17,500 Sceptre Hospitality Resources, LLC 5,000 1,000 Book4Time, Inc. - 2,000 Total $ 58,398 $ 54,000 At portfolio company’s discretion - satisfaction of certain financial and nonfinancial covenants required Ascend Software, LLC $ 4,200 $ 6,500 ARC Health OpCo LLC 773 - Axero Holdings, LLC - 2,000 Axero Holdings, LLC - Revolver 500 500 Davisware, LLC - 1,000 Exigo, LLC - Delayed Draw Term Loan 4,167 - Exigo, LLC - Revolver 833 - GDS Software Holdings, LLC - 2,786 Granite Comfort, LP 500 - GoReact 500 2,500 JDXpert 1,000 - Madison Logic, Inc. - Revolver 1,084 1,084 New England Dental Partners - 4,500 Pepper Palace, Inc.– Delayed Draw Term Loan 2,000 2,000 Pepper Palace, Inc. - Revolver 2,500 2,500 Zollege PBC 1,000 1,000 LFR Chicken LLC - 3,000 19,057 29,370 Total $ 77,455 $ 83,370

Stockholders' Equity (Tables)

Stockholders' Equity (Tables)	9 Months Ended
	Nov. 30, 2022
Stockholders' Equity Note [Abstract]
Schedule of reconciliation of the changes in each significant caption of stockholders’ equity	Common Stock Capital Total 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 Common Stock Capital Total 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 ) - (3,071 ) Balance at August 31, 2022 11,927,238 $ 11,927 $ 322,832,986 $ 14,368,362 $ 337,213,275 Increase (Decrease) from Operations: Net investment income - - - 9,877,437 9,887,437 Net realized gain (loss) from investments - - - (740,434 ) (740,434 ) Income tax (provision) benefit from realized gain on investments - - - 479,318 479,318 Net change in unrealized appreciation (depreciation) on investments - - - (3,176,208 ) (3,176,208 ) Net change in provision for deferred taxes on unrealized (appreciation) depreciation on investments - - - (425,848 ) (425,848 ) Decrease from Shareholder Distributions: Distributions of investment income – net - - - (6,433,298 ) (6,433,298 ) Capital Share Transactions: Stock dividend distribution 52,312 53 1,150,881 - 1,150,934 Repurchases of common stock (94,071 ) (95 ) (2,179,600 ) - (2,179,695 ) Repurchase fees - - (1,881 ) - (1,881 ) Balance at November 30, 2022 11,885,479 $ 11,885 $ 321,802,386 $ 13,949,329 $ 335,763,600 Common Stock Capital Total 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 Common Stock Capital Total 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 Common Stock Capital Total 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 For the Year Ended February 28, 2019 Common Stock Capital Total Shares Amount of Par Value Earnings (Loss) Net Assets 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 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)	9 Months Ended
	Nov. 30, 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 nine months ended Basic and Diluted November 30, November 30, November 30, November 30, Net increase (decrease) in net assets resulting from operations $ 6,014 $ 8,340 $ 5,475 $ 37,330 Weighted average common shares outstanding 11,893,173 11,450,861 11,989,811 11,312,991 Weighted average earnings (loss) per common share $ 0.51 $ 0.73 $ 0.46 $ 3.30

Dividend (Tables)

Dividend (Tables)	9 Months Ended
	Nov. 30, 2022
Dividend [Abstract]
Schedule of dividends declared	Date Declared Record Date Payment Date Amount Total Amount* November 15, 2022 December 15, 2022 January 4, 2023 $ 0.68 $ 8,081 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 $ 1.75 $ 20,884 * Total amount is calculated based on the number of shares outstanding at the date of record. Date Declared Record Date Payment Date Amount Total Amount* November 30, 2021 January 4, 2022 January 19, 2022 $ 0.53 $ 6,434 August 26, 2021 September 14, 2021 September 28, 2021 0.52 5,889 May 27, 2021 June 15, 2021 June 29, 2021 0.44 4,910 March 22, 2021 April 8, 2021 April 22, 2021 0.43 4,799 Total dividends declared $ 1.92 $ 22,032

Financial Highlights (Tables)

Financial Highlights (Tables)	9 Months Ended
	Nov. 30, 2022
Investment Company, Financial Highlights [Abstract]
Schedule of financial highlights	Per share data November 30, November 30, Net asset value at beginning of period $ 29.33 $ 27.25 Net investment income(1) 2.13 1.25 Net realized and unrealized gain and losses on investments(1) (1.57 ) 2.25 Realized losses on extinguishment of debt (0.10 ) (0.20 ) Net increase in net assets resulting from operations 0.46 3.30 Distributions declared from net investment income (1.60 ) (1.39 ) Total distributions to stockholders (1.60 ) (1.39 ) Issuance of common stock above net asset value (2) - - Repurchases of common stock(3) 0.15 0.01 Dilution(4) (0.09 ) - Net asset value at end of period $ 28.25 $ 29.17 Net assets at end of period $ 335,763,600 $ 342,601,745 Shares outstanding at end of period 11,885,479 11,747,004 Per share market value at end of period $ 26.37 $ 28.90 Total return based on market value(5)(6) 2.74 % 32.25 % Total return based on net asset value(5)(7) 2.98 % 13.03 % Ratio/Supplemental data: Ratio of net investment income to average net assets(8) 9.90 % 6.80 % Expenses: Ratios of operating expenses and income taxes to average net assets*(9) 7.02 % 6.19 % Ratio of incentive management fees to average net assets(5) 0.06 % 3.00 % Ratio of interest and debt financing expenses to average net assets(9) 8.97 % 5.90 % Ratio of total expenses and income taxes to average net assets*(8) 16.05 % 15.09 % Portfolio turnover rate(5)(10) 17.77 % 33.79 % Asset coverage ratio per unit(11) 1,732 2,367 Average market value per unit Revolving Credit Facility(12) N/A N/A SBA Debentures Payable(12) N/A N/A 7.00% Notes Payable 2025(12) N/A N/A 6.25% Notes Payable 2025(13) N/A N/A 7.25% Notes Payable 2025(14) N/A $ 26.32 7.75% Notes Payable 2025(12) N/A N/A 4.375% Notes Payable 2026(12) N/A N/A 4.35% Notes Payable 2027(12) N/A N/A 6.25% Notes Payable 2027(12) N/A N/A 6.00% Notes Payable 2027 $ 24.20 N/A 8.00% Notes Payable 2027 $ 24.94 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 NAV 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 NAV 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 NAV 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 NAV per share 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 NAV 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 DRIP. Total investment return does not reflect brokerage commissions. (7) Total investment return is calculated assuming a purchase of common shares at the current NAV on the first day and a sale at the current NAV 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 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 2026, 4.35% Notes Payable 2027, 7.00% Notes Payable 2025 and 6.25% Notes Payable 2027 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 ($)	1 Months Ended		9 Months Ended
	Oct. 28, 2022	Sep. 29, 2022	Nov. 30, 2022	Nov. 30, 2021	Feb. 28, 2022
Organization (Details) [Line Items]
Additional long-term capital		$ 175,000,000
Credit facility			$ 25,000,000		$ 12,500,000
Collateralized Loan Obligations [Member]
Organization (Details) [Line Items]
Issued of debt	$ 402,100,000
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]
Additional long-term capital		150,000,000
Outstanding amount			$ 4,600,000	$ 3,400,000
SBA Debentures [Member] | Maximum [Member]
Organization (Details) [Line Items]
Outstanding amount		350,000,000
SBA Debentures [Member] | Minimum [Member]
Organization (Details) [Line Items]
Outstanding amount		$ 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	9 Months Ended
	Nov. 30, 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 ($)	Nov. 30, 2022	Feb. 28, 2022	Nov. 30, 2021
Schedule of reconciliation of cash and cash equivalents and cash and cash equivalents [Abstract]
Cash and cash equivalents	$ 5,672,012		$ 120,881,990
Cash and cash equivalents, reserve accounts	41,375,630	$ 5,612,541	23,186,481
Total cash and cash equivalents and cash and cash equivalents, reserve accounts	$ 47,047,642		$ 144,068,471

Investments (Details)

Investments (Details) - USD ($) $ / shares in Thousands				1 Months Ended		3 Months Ended			6 Months Ended		9 Months Ended		12 Months Ended
	Jun. 09, 2023	Aug. 11, 2021	Dec. 14, 2018	Oct. 28, 2022	Feb. 26, 2021	Nov. 30, 2022	Nov. 30, 2021	Aug. 31, 2021	Aug. 31, 2022	Aug. 31, 2021	Nov. 30, 2022	Nov. 30, 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: 15.5% – 22%     ● Prepayment rate: 20%     ● Reinvestment rate / price: $97.00 for eighteen months; then L+365bps / $99.00
Fair value investment, Percentage											5%
Legal maturity date			January 2030
Additional an invested			$ 13,800,000		$ 14,000,000
Cash contributions						$ 108,075,326					$ 108,075,326		$ 100,974,715
Related transaction costs					2,600,000
outstanding receivable								$ 2,600,000
Realized loss						(740,434)	$ 9,916,925				7,365,913	$ 13,328,663
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						818,254	815,739				2,451,242	2,448,593
Interest income									$ 1,200,000	$ 3,500,000
Investment principal balance						653,300,000					$ 653,300,000		$ 660,200,000
Weighted average spread percentage											3.80%		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											$ 19,400,000		$ 28,700,000
Discount rate											22%		15%
Total investment						776,943,715					$ 776,943,715		$ 654,965,044
Incentive fees						1,500,000	2,300,000				3,900,000	$ 4,800,000
Aggregate fair value						777,907,062					777,907,062		$ 668,358,516
Interest income											$ 1,100,000
Unsecured percentage	7%
Purchased of fair value percentage											87.50%
Minimum [Member]
Investments (Details) [Line Items]
Aggregate principal amount			300,000,000
Maximum [Member]
Investments (Details) [Line Items]
Aggregate principal amount			500,000,000
London Interbank Offered Rate One [Member]
Investments (Details) [Line Items]
Investment description											1M USD LIBOR—The 1 month USD LIBOR rate as of November 30, 2022 was 4.14%.3M USD LIBOR—The 3 month USD LIBOR rate as of November 30, 2022 was 4.78%.6M USD LIBOR—The 6 month USD LIBOR rate as of November 30, 2022 was 5.20%.
Secured Overnight Financing Rate Onw [Member]
Investments (Details) [Line Items]
Investment description											1M SOFR - The 1 month SOFR rate as of November 30, 2022 was 4.13%.3M SOFR - The 3 month SOFR rate as of November 30, 2022 was 4.41%.6M SOFR - The 6 month SOFR rate as of November 30, 2022 was 4.70%.
Prime Rate One [Member]
Investments (Details) [Line Items]
Investment description											Prime—The Prime Rate as of November 30, 2022 was 7.00%.
London Interbank Offered Rate (LIBOR) [Member]
Investments (Details) [Line Items]
Investment description											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%.		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%.
Warsaw Interbank Offered Rate (WIBOR) [Member]
Investments (Details) [Line Items]
Investment description											3 PL WIBOR - The 3 month PL WIBOR rate as of February 28, 2022 was 3.65%.		3 PL WIBOR - The 3 month PL WIBOR rate as of February 28, 2022 was 3.65%.
Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate [Member]
Investments (Details) [Line Items]
Investment description											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%.		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%.
Prime Rate [Member]
Investments (Details) [Line Items]
Investment description											Prime—The Prime Rate as of February 28, 2022 was 3.25%.		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 principal amount					17,900,000
Notes exchanged														$ 17,900,000
Aggregate fair value													$ 9,400,000
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 principal amount						111,000,000					$ 111,000,000
Management fee income						800,000	800,000
Interest income						200,000	$ 1,100,000
Corresponding fair value											19,400,000
Aggregate fair value													28,700,000
The Class F-2-R-3 Notes [Member]
Investments (Details) [Line Items]
Aggregate principal amount						9,400,000					9,400,000
Corresponding fair value											8,500,000
TJHA [Member]
Investments (Details) [Line Items]
Cash contributions						6,250,000					6,250,000
Unsecured note						17,600,000					17,600,000
Membership interest											2,500,000
Saratoga Investment Corp [Member]
Investments (Details) [Line Items]
Unsecured note						$ 17,600,000					$ 17,600,000
TJHA [Member] | Minimum [Member]
Investments (Details) [Line Items]
Ownership percentage						12.50%					12.50%
TJHA [Member] | Maximum [Member]
Investments (Details) [Line Items]
Ownership percentage						87.50%					87.50%
SLF JV [Member]
Investments (Details) [Line Items]
Ownership percentage						50%					50%
SLF JV [Member] | Saratoga Investment Corp [Member]
Investments (Details) [Line Items]
Unsecured note						$ 2,500,000					$ 2,500,000
Voting Interest in SLF JV [Member]
Investments (Details) [Line Items]
Ownership percentage						50%					50%
Class E [Member]
Investments (Details) [Line Items]
Aggregate fair value						$ 11,000,000					$ 11,000,000		0
Purchased of fair value percentage				87.50%
Purchased of fair value per value (in Dollars per share)				$ 12,250
SLF JV [Member]
Investments (Details) [Line Items]
Cash contributions						$ 50,000,000					$ 50,000,000
Fixed interest rate						10%					10%
Unsecured note						$ 17,600,000					$ 17,600,000		13,100,000
Collateralized loan obligation trust				$ 402,100,000
TJHA [Member]
Investments (Details) [Line Items]
Cash contributions						43,750,000					43,750,000
Saratoga CLO [Member] | Minimum [Member]
Investments (Details) [Line Items]
Cash contributions			300,000,000		500,000,000
Saratoga CLO [Member] | Maximum [Member]
Investments (Details) [Line Items]
Cash contributions			$ 500,000,000		$ 650,000,000
CLO [Member]
Investments (Details) [Line Items]
Management fee income											31,000,000
Total investment						57,800,000					57,800,000				$ 14,000,000	$ 13,800,000	$ 30,000,000
Received distributions											76,700,000
Incentive fees											1,200,000
3M USD LIBOR plus [Member] | Minimum [Member]
Investments (Details) [Line Items]
Investment interest rate			8.75%
3M USD LIBOR plus [Member] | Maximum [Member]
Investments (Details) [Line Items]
Investment interest rate			10%
Interest Income [Member]
Investments (Details) [Line Items]
Interest income											10,000		100,000
Membership Interests [Member] | SLF JV [Member]
Investments (Details) [Line Items]
Cash contributions						$ 9,200,000					$ 9,200,000		$ 12,000,000

Investments (Details) - Schedul

Investments (Details) - Schedule of fair value measurements of investments, by major class - USD ($)		9 Months Ended	12 Months Ended
		Nov. 30, 2022	Feb. 28, 2022
Investments (Details) - Schedule of fair value measurements of investments, by major class [Line Items]
First lien term loans		$ 804,242,000	$ 631,572,000
Second lien term loans		23,780,000	44,386,000
Unsecured term loans		20,599,000	15,931,000
Structured finance securities		38,900,000	38,030,000
Equity interests		94,513,000	87,648,000
Total		982,034,052	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		164,000
Structured finance securities
Equity interests
Total		164,000
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		804,242,000	631,572,000
Second lien term loans		23,780,000	44,386,000
Unsecured term loans		20,435,000	15,931,000
Structured finance securities		38,900,000	38,030,000
Equity interests		85,350,000	75,632,000
Total		972,707,000	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]	9,163,000	12,016,000
Total	[1]	$ 9,163,000	$ 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	9 Months Ended
	Nov. 30, 2022	Nov. 30, 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	(1,374)	1,121
Net accretion of discount on investments	1,245	1,368
Net change in unrealized appreciation (depreciation) on investments	(18,454)	14,146
Purchases	340,465	293,754
Sales and repayments	(162,092)	(216,237)
Net realized gain (loss) from investments	7,366	13,328
Ending Balance	972,707	661,793
Net change in unrealized appreciation (depreciation)	(6,190)	15,488
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	244	309
Net accretion of discount on investments	1,262	1,346
Net change in unrealized appreciation (depreciation) on investments	(12,049)	2,292
Purchases	309,022	226,786
Sales and repayments	(125,972)	(165,570)
Net realized gain (loss) from investments	163
Ending Balance	804,242	505,619
Net change in unrealized appreciation (depreciation)	(12,318)	3,597
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	90	70
Net accretion of discount on investments	(17)	22
Net change in unrealized appreciation (depreciation) on investments	(663)	(431)
Purchases	4,950	19,825
Sales and repayments	(24,966)
Net realized gain (loss) from investments
Ending Balance	23,780	44,416
Net change in unrealized appreciation (depreciation)	(705)	(431)
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	10	99
Purchases	4,494
Sales and repayments
Net realized gain (loss) from investments
Ending Balance	20,435	2,738
Net change in unrealized appreciation (depreciation)	10	99
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	(2,159)	(546)
Net accretion of discount on investments
Net change in unrealized appreciation (depreciation) on investments	(8,219)	(68)
Purchases	11,393
Sales and repayments	(145)	(8,360)
Net realized gain (loss) from investments		(140)
Ending Balance	38,900	40,665
Net change in unrealized appreciation (depreciation)	(8,219)	386
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	451	790
Net accretion of discount on investments
Net change in unrealized appreciation (depreciation) on investments	2,467	12,254
Purchases	10,606	47,143
Sales and repayments	(11,009)	(42,307)
Net realized gain (loss) from investments	7,203	13,468
Ending Balance	85,350	68,355
Net change in unrealized appreciation (depreciation)	$ 15,042	$ 11,837

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		9 Months Ended	12 Months Ended
		Nov. 30, 2022	Feb. 28, 2022
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Fair Value		$ 972,707	$ 805,551
Unobservable Input		EBITDA Multiples (x)
Range		5.7x  - 5.7x
Weighted Average		5.7x
First lien term loans [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Fair Value		$ 804,242	$ 631,572
Valuation Technique		Market Comparables	Market Comparables
Unobservable Input		Market Yield (%)	Market Yield (%)
Range		9.7% - 22.4%	6.0% - 11.3%
Weighted Average	[1]	12.4%	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		4.1x - 4.6x	3.5x
Weighted Average	[1]	4.4x	3.5x
First lien term loans 2 [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Unobservable Input		EBITDA Multiples (x)
Range		14.5x – 16.0x
Weighted Average		15.6x
Second lien term loans [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Fair Value		$ 23,780	$ 44,386
Valuation Technique		Market Comparables	Market Comparables
Unobservable Input		Market Yield (%)	Market Yield (%)
Range		15.3% - 54.0%	8.9% - 32.9%
Weighted Average	[1]	40.8%	15.6%
Unsecured term loans [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Fair Value		$ 20,435	$ 15,931
Valuation Technique		Market Comparables	Market Comparables
Unobservable Input		Market Yield (%)	Market Yield (%)
Range		10.0% - 25.6%	22.3%
Weighted Average	[1]	12.2%	22.3%
Unsecured term loans 1 [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Valuation Technique		Collateral Value Coverage	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		$ 38,900	$ 38,030
Valuation Technique		Discounted Cash Flow	Discounted Cash Flow
Unobservable Input		Discount Rate (%)	Discount Rate (%)
Range		13.0% - 22.0%	10.0% - 15.0%
Weighted Average	[1]	17.8%	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		$ 85,350	$ 75,632
Valuation Technique		Enterprise Value Waterfall	Enterprise Value Waterfall
Unobservable Input		EBITDA Multiples (x)	EBITDA Multiples (x)
Range		5.0x - 26.6x	4.0x - 28.6x
Weighted Average	[1]	9.8x	9.3x
Equity interests 1 [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Unobservable Input		Revenue Multiples (x)	Revenue Multiples (x)
Range		1.3x - 11.7x	1.0x - 11.7x
Weighted Average	[1]	6.4x	6.6x
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]		7.5x
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	Nov. 30, 2022	Feb. 28, 2022
Servicing Asset at Amortized Cost [Line Items]
Investments at Amortized Cost	$ 986,483	$ 796,248
Amortized Cost Percentage of Total Portfolio	100%	100%
Investments at Fair Value	$ 982,034	$ 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	$ 815,756	$ 631,037
Amortized Cost Percentage of Total Portfolio	82.80%	79.30%
Investments at Fair Value	$ 804,242	$ 631,572
Fair Value Percentage of Total Portfolio	81.90%	77.30%
Second Lien Term Loans [Member]
Servicing Asset at Amortized Cost [Line Items]
Investments at Amortized Cost	$ 29,919	$ 49,862
Amortized Cost Percentage of Total Portfolio	3%	6.30%
Investments at Fair Value	$ 23,780	$ 44,386
Fair Value Percentage of Total Portfolio	2.40%	5.40%
Unsecured term loans [Member]
Servicing Asset at Amortized Cost [Line Items]
Investments at Amortized Cost	$ 20,763	$ 16,104
Amortized Cost Percentage of Total Portfolio	2.10%	2%
Investments at Fair Value	$ 20,599	$ 15,931
Fair Value Percentage of Total Portfolio	2.10%	1.90%
Structured Finance Securities [Member]
Servicing Asset at Amortized Cost [Line Items]
Investments at Amortized Cost	$ 50,737	$ 41,648
Amortized Cost Percentage of Total Portfolio	5.10%	5.20%
Investments at Fair Value	$ 38,900	$ 38,030
Fair Value Percentage of Total Portfolio	4%	4.70%
Equity Interests [Member]
Servicing Asset at Amortized Cost [Line Items]
Investments at Amortized Cost	$ 69,308	$ 57,597
Amortized Cost Percentage of Total Portfolio	7%	7.20%
Investments at Fair Value	$ 94,513	$ 87,648
Fair Value Percentage of Total Portfolio	9.60%	10.70%

Investment in Saratoga CLO (Det

Investment in Saratoga CLO (Details) - Schedule of statements of assets and liabilities - Saratoga CLO [Member] - USD ($)	9 Months Ended	12 Months Ended
	Nov. 30, 2022	Feb. 28, 2022
ASSETS
Loans at fair value (amortized cost of $643,842,672 and $653,022,265, respectively)	$ 592,897,897	$ 638,929,660
Equities at fair value (amortized cost of $0 and $0, respectively)		33,690
Total investments at fair value (amortized cost of $643,842,672 and $653,022,265, respectively)	592,897,897	638,963,350
Cash and cash equivalents	16,640,269	6,171,793
Receivable from open trades	6,414,343	9,152,660
Interest receivable (net of reserve of $358,730 and $0, respectively)	3,017,057	2,062,856
Due from affiliate (See Note 7)	58,215
Prepaid expenses and other assets	41,162	100,067
Total assets	619,068,943	656,450,726
LIABILITIES
Interest payable	4,502,328	1,659,776
Payable from open trades	13,817,809	18,794,627
Accrued base management fee	72,763	72,510
Accrued subordinated management fee	291,052	290,040
Accounts payable and accrued expenses	156,006	58,716
Saratoga Investment Corp. CLO 2013-1, Ltd. Notes:
Deferred debt financing costs	(1,944,539)	(2,086,928)
Subordinated Notes	111,000,000	111,000,000
Discount on Subordinated Notes	(41,105,442)	(44,084,883)
Total liabilities	694,940,842	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)	(75,872,149)	(37,197,733)
Total net assets	(75,871,899)	(37,197,483)
Total liabilities and net assets	619,068,943	656,450,726
Class A-1-R-3 [Member]
Saratoga Investment Corp. CLO 2013-1, Ltd. Notes:
Senior Secured Floating Rate Notes	357,500,000	357,500,000
Class A-2-R-3 [Member]
Saratoga Investment Corp. CLO 2013-1, Ltd. Notes:
Senior Secured Floating Rate Notes	65,000,000	65,000,000
Class B-FL-R-3 [Member]
Saratoga Investment Corp. CLO 2013-1, Ltd. Notes:
Senior Secured Floating Rate Notes	60,500,000	60,500,000
Class B-FXD-R-3 [Member]
Saratoga Investment Corp. CLO 2013-1, Ltd. Notes:
Senior Secured Fixed Rate Notes	11,000,000	11,000,000
Class C-FL-R-3 [Member]
Saratoga Investment Corp. CLO 2013-1, Ltd. Notes:
Deferrable Mezzanine Floating Rate Notes	26,000,000	26,000,000
Class C-FXD-R-3 [Member]
Saratoga Investment Corp. CLO 2013-1, Ltd. Notes:
Deferrable Mezzanine Fixed Rate Notes	6,500,000	6,500,000
Class D-R-3 [Member]
Saratoga Investment Corp. CLO 2013-1, Ltd. Notes:
Deferrable Mezzanine Floating Rate Notes	39,000,000	39,000,000
Discount	(250,168)	(268,301)
Class E-R-3 [Member]
Saratoga Investment Corp. CLO 2013-1, Ltd. Notes:
Deferrable Mezzanine Floating Rate Notes	27,625,000	27,625,000
Discount	(2,598,967)	(2,787,348)
Class F-1-R-3 [Member]
Saratoga Investment Corp. CLO 2013-1, Ltd. Notes:
Notes Deferrable Junior Floating Rate Notes	8,500,000	8,500,000
Class F-2-R-3 [Member]
Saratoga Investment Corp. CLO 2013-1, Ltd. Notes:
Notes Deferrable Junior Floating Rate Notes	$ 9,375,000	$ 9,375,000

Investment in Saratoga CLO (D_2

Investment in Saratoga CLO (Details) - Schedule of statements of assets and liabilities (Parentheticals) - Saratoga CLO [Member] - USD ($)	Nov. 30, 2022	Feb. 28, 2022
Condensed Balance Sheet Statements, Captions [Line Items]
Amortized cost of loans at fair value	$ 643,842,672	$ 653,022,265
Amortized cost equities at fair value	0	0
Amortized cost total investments at fair value	643,842,672	653,022,265
Net of reserve	$ 358,730	$ 0
Ordinary equity, par value (in Dollars per share)	$ 1	$ 1
Ordinary shares authorized (in Shares)	250	250
Common shares issued (in Shares)	250	250
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		9 Months Ended
	Nov. 30, 2022	Nov. 30, 2021	Nov. 30, 2022	Nov. 30, 2021
INVESTMENT INCOME
Total interest from investments	$ 11,753,670	$ 7,866,198	$ 29,075,284	$ 15,613,938
Interest from cash and cash equivalents	13,215	119	19,320	691
Other income	26,224	200,320	141,828	517,377
Total investment income	11,793,109	8,066,637	29,236,432	16,132,006
EXPENSES
Interest and debt financing expenses	10,177,731	5,569,557	26,287,544	10,405,734
Base management fee	163,651	162,925	490,249	326,571
Subordinated management fee	654,604	651,697	1,960,994	1,306,283
Professional fees	53,254	109,691	263,647	145,357
Trustee expenses	64,579	121,329	197,407	121,329
Other expense	93,097	54,156	244,402	113,939
Total expenses	11,206,916	6,669,355	29,444,243	12,419,213
NET INVESTMENT INCOME (LOSS)	586,193	1,397,282	(207,811)	3,712,793
REALIZED AND UNREALIZED LOSS ON INVESTMENTS
Net realized gain (loss) from investments	(532,640)	175,669	(1,599,841)	(389,425)
Net change in unrealized appreciation (depreciation) on investments	(10,640,315)	(662,095)	(36,866,766)	(1,143,192)
Net realized and unrealized gain (loss) on investments	(11,172,955)	(486,426)	(38,466,607)	(1,532,617)
NET INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS	$ (10,586,762)	$ 910,856	$ (38,674,418)	$ 2,180,176

Investment in Saratoga CLO (D_4

Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents - USD ($)		9 Months Ended	12 Months Ended
		Nov. 30, 2022	Feb. 28, 2022
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)			7.75%
Maturity Date			Jul. 31, 2023
Principal/ Number of Shares			5,393,388
Cost			$ 5,246,921
Fair Value			4,159,650
November Thirty Two Thousand Twenty Two [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Cost		$ 643,842,672
Fair Value		$ 592,897,897
November Thirty Two Thousand Twenty Two [Member] | 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)		6.89%
Maturity Date		Feb. 07, 2029
Principal/ Number of Shares		498,750
Cost		$ 496,534
Fair Value		$ 455,109
November Thirty Two Thousand Twenty Two [Member] | 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		2,000,000
Cost		$ 1,711,631
Fair Value		$ 1,716,260
November Thirty Two Thousand Twenty Two [Member] | 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)		6.82%
Maturity Date		Apr. 30, 2025
Principal/ Number of Shares		1,915,276
Cost		$ 1,911,485
Fair Value		$ 1,786,473
November Thirty Two Thousand Twenty Two [Member] | 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)		8.02%
Maturity Date		Aug. 11, 2028
Principal/ Number of Shares		691,846
Cost		$ 686,098
Fair Value		$ 682,334
November Thirty Two Thousand Twenty Two [Member] | 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)		10.09%
Maturity Date		May 09, 2025
Principal/ Number of Shares		2,431,245
Cost		$ 2,421,870
Fair Value		$ 2,329,448
November Thirty Two Thousand Twenty Two [Member] | 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 (09/20)
Asset Type		Loan
Reference Rate		1M USD LIBOR+
Reference Spread		2.75%
LIBOR Floor		0.75%
Current Rate (All In)		6.56%
Maturity Date		Jan. 04, 2026
Principal/ Number of Shares		214,286
Cost		$ 212,959
Fair Value		$ 208,929
November Thirty Two Thousand Twenty Two [Member] | 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 (1/19)
Asset Type		Loan
Reference Rate		1M USD LIBOR+
Reference Spread		2.75%
LIBOR Floor		0%
Current Rate (All In)		6.56%
Maturity Date		Jan. 04, 2026
Principal/ Number of Shares		1,472,244
Cost		$ 1,466,711
Fair Value		$ 1,439,118
November Thirty Two Thousand Twenty Two [Member] | 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)		7.43%
Maturity Date		Oct. 18, 2027
Principal/ Number of Shares		2,962,500
Cost		$ 2,874,642
Fair Value		$ 2,887,193
November Thirty Two Thousand Twenty Two [Member] | 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)		8.17%
Maturity Date		Jan. 18, 2027
Principal/ Number of Shares		1,458,273
Cost		$ 1,454,100
Fair Value		$ 1,432,447
November Thirty Two Thousand Twenty Two [Member] | 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)		8.13%
Maturity Date		Aug. 11, 2028
Principal/ Number of Shares		1,995,000
Cost		$ 1,851,503
Fair Value		$ 1,970,063
November Thirty Two Thousand Twenty Two [Member] | 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)		9.41%
Maturity Date		Aug. 15, 2025
Principal/ Number of Shares		4,789,642
Cost		$ 4,692,827
Fair Value		$ 4,622,004
November Thirty Two Thousand Twenty Two [Member] | 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)		6.77%
Maturity Date		Mar. 10, 2028
Principal/ Number of Shares		490,022
Cost		$ 487,454
Fair Value		$ 486,347
November Thirty Two Thousand Twenty Two [Member] | 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		1,654,803
Cost		$ 1,643,179
Fair Value		$ 1,544,146
November Thirty Two Thousand Twenty Two [Member] | 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)		6.82%
Maturity Date		Feb. 04, 2028
Principal/ Number of Shares		246,250
Cost		$ 245,798
Fair Value		$ 241,172
November Thirty Two Thousand Twenty Two [Member] | 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)		6.44%
Maturity Date		Mar. 12, 2026
Principal/ Number of Shares		2,131,628
Cost		$ 2,117,213
Fair Value		$ 2,035,705
November Thirty Two Thousand Twenty Two [Member] | 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)		9.20%
Maturity Date		Feb. 10, 2027
Principal/ Number of Shares		4,405,559
Cost		$ 4,377,776
Fair Value		$ 3,646,966
November Thirty Two Thousand Twenty Two [Member] | 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)		7.44%
Maturity Date		Nov. 05, 2027
Principal/ Number of Shares		990,000
Cost		$ 989,056
Fair Value		$ 959,686
November Thirty Two Thousand Twenty Two [Member] | 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)		7.82%
Maturity Date		May 12, 2028
Principal/ Number of Shares		1,980,000
Cost		$ 1,971,544
Fair Value		$ 1,869,080
November Thirty Two Thousand Twenty Two [Member] | 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)		7.67%
Maturity Date		Apr. 03, 2024
Principal/ Number of Shares		1,223,297
Cost		$ 1,221,048
Fair Value		$ 995,458
November Thirty Two Thousand Twenty Two [Member] | 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)		6.83%
Maturity Date		Jan. 29, 2028
Principal/ Number of Shares		492,500
Cost		$ 490,576
Fair Value		$ 475,351
November Thirty Two Thousand Twenty Two [Member] | 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)		8.55%
Maturity Date		Apr. 06, 2024
Principal/ Number of Shares		3,012,861
Cost		$ 3,011,417
Fair Value		$ 2,966,162
November Thirty Two Thousand Twenty Two [Member] | 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)		7.94%
Maturity Date		Mar. 03, 2028
Principal/ Number of Shares		1,357,439
Cost		$ 1,354,289
Fair Value		$ 1,212,369
November Thirty Two Thousand Twenty Two [Member] | 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)		6.32%
Maturity Date		Feb. 17, 2028
Principal/ Number of Shares		1,965,014
Cost		$ 1,944,832
Fair Value		$ 1,922,590
November Thirty Two Thousand Twenty Two [Member] | 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)		7.42%
Maturity Date		Aug. 11, 2025
Principal/ Number of Shares		960,000
Cost		$ 957,829
Fair Value		$ 707,232
November Thirty Two Thousand Twenty Two [Member] | 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)		6.53%
Maturity Date		Dec. 07, 2023
Principal/ Number of Shares		471,381
Cost		$ 470,980
Fair Value		$ 339,932
November Thirty Two Thousand Twenty Two [Member] | Anchor 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 B
Asset Type		Loan
Reference Rate		1M USD LIBOR+
Reference Spread		4%
LIBOR Floor		0%
Current Rate (All In)		8.07%
Maturity Date		Jul. 18, 2026
Principal/ Number of Shares		979,747
Cost		$ 973,021
Fair Value		$ 942,193
November Thirty Two Thousand Twenty Two [Member] | 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)		10.07%
Maturity Date		Nov. 19, 2027
Principal/ Number of Shares		2,977,500
Cost		$ 2,927,538
Fair Value		$ 2,842,024
November Thirty Two Thousand Twenty Two [Member] | 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 B1
Asset Type		Loan
Reference Rate		1M USD LIBOR+
Reference Spread		5.50%
LIBOR Floor		0.75%
Current Rate (All In)		9.57%
Maturity Date		Sep. 01, 2027
Principal/ Number of Shares		1,900,000
Cost		$ 1,876,393
Fair Value		$ 1,681,500
November Thirty Two Thousand Twenty Two [Member] | 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 B2
Asset Type		Loan
Reference Rate		1M USD LIBOR+
Reference Spread		5.50%
LIBOR Floor		0.75%
Current Rate (All In)		9.57%
Maturity Date		Sep. 01, 2027
Principal/ Number of Shares		500,000
Cost		$ 493,797
Fair Value		$ 442,085
November Thirty Two Thousand Twenty Two [Member] | 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		500,000
Cost		$ 467,500
Fair Value		$ 481,250
November Thirty Two Thousand Twenty Two [Member] | 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)		6.57%
Maturity Date		Oct. 01, 2026
Principal/ Number of Shares		1,928,237
Cost		$ 1,921,493
Fair Value		$ 1,907,026
November Thirty Two Thousand Twenty Two [Member] | 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)		7.32%
Maturity Date		May 14, 2027
Principal/ Number of Shares		512,994
Cost		$ 508,986
Fair Value		$ 510,003
November Thirty Two Thousand Twenty Two [Member] | 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)		6.82%
Maturity Date		May 15, 2026
Principal/ Number of Shares		2,946,701
Cost		$ 2,919,425
Fair Value		$ 2,799,365
November Thirty Two Thousand Twenty Two [Member] | 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)		7.08%
Maturity Date		Mar. 06, 2028
Principal/ Number of Shares		985,000
Cost		$ 977,071
Fair Value		$ 916,050
November Thirty Two Thousand Twenty Two [Member] | 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 (10/21)
Asset Type		Loan
Reference Rate		3M USD LIBOR+
Reference Spread		3%
LIBOR Floor		0.50%
Current Rate (All In)		6.67%
Maturity Date		Oct. 21, 2028
Principal/ Number of Shares		1,492,500
Cost		$ 1,489,192
Fair Value		$ 1,397,353
November Thirty Two Thousand Twenty Two [Member] | 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 B
Asset Type		Loan
Reference Rate		1M USD LIBOR+
Reference Spread		3.25%
LIBOR Floor		0%
Current Rate (All In)		7.32%
Maturity Date		Aug. 15, 2025
Principal/ Number of Shares		982,143
Cost		$ 982,143
Fair Value		$ 951,451
November Thirty Two Thousand Twenty Two [Member] | 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)		5.82%
Maturity Date		Jan. 15, 2027
Principal/ Number of Shares		2,331,250
Cost		$ 2,277,399
Fair Value		$ 2,279,286
November Thirty Two Thousand Twenty Two [Member] | 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)		6.57%
Maturity Date		Apr. 01, 2028
Principal/ Number of Shares		1,753,715
Cost		$ 1,746,737
Fair Value		$ 1,723,464
November Thirty Two Thousand Twenty Two [Member] | 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		Term Loan
Asset Type		Loan
Reference Rate		1M USD LIBOR+
Reference Spread		3.75%
LIBOR Floor		0.50%
Current Rate (All In)		7.82%
Maturity Date		Sep. 23, 2028
Principal/ Number of Shares		866,067
Cost		$ 862,383
Fair Value		$ 772,809
November Thirty Two Thousand Twenty Two [Member] | ARC FALCON I INC. One [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	[1]	Chemicals, Plastics, & Rubber
Asset Name	[1]	Delayed Draw Term Loan
Asset Type	[1]	Loan
Reference Rate	[1]
Reference Spread	[1]
LIBOR Floor	[1]
Current Rate (All In)	[1]
Maturity Date	[1]	Sep. 29, 2028
Principal/ Number of Shares	[1]	0
Cost	[1]	$ (534)
Fair Value	[1]	$ (13,717)
November Thirty Two Thousand Twenty Two [Member] | 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)		7.32%
Maturity Date		Dec. 06, 2027
Principal/ Number of Shares		1,484,848
Cost		$ 1,476,381
Fair Value		$ 1,347,188
November Thirty Two Thousand Twenty Two [Member] | Aretec Group, 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 (10/18)
Asset Type		Loan
Reference Rate		1M USD SOFR+
Reference Spread		4.25%
LIBOR Floor		0%
Current Rate (All In)		8.44%
Maturity Date		Oct. 01, 2025
Principal/ Number of Shares		1,921,193
Cost		$ 1,917,473
Fair Value		$ 1,864,038
November Thirty Two Thousand Twenty Two [Member] | 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		3M USD LIBOR+
Reference Spread		4%
LIBOR Floor		0.50%
Current Rate (All In)		7.67%
Maturity Date		Oct. 07, 2028
Principal/ Number of Shares		99,294
Cost		$ 98,864
Fair Value		$ 81,421
November Thirty Two Thousand Twenty Two [Member] | 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)		5.82%
Maturity Date		Sep. 07, 2027
Principal/ Number of Shares		980,000
Cost		$ 976,531
Fair Value		$ 965,653
November Thirty Two Thousand Twenty Two [Member] | 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)		7.57%
Maturity Date		Feb. 12, 2027
Principal/ Number of Shares		992,347
Cost		$ 988,999
Fair Value		$ 952,861
November Thirty Two Thousand Twenty Two [Member] | 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)		7.57%
Maturity Date		Feb. 12, 2027
Principal/ Number of Shares		987,500
Cost		$ 987,500
Fair Value		$ 947,259
November Thirty Two Thousand Twenty Two [Member] | 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)		7.59%
Maturity Date		Feb. 12, 2027
Principal/ Number of Shares		497,500
Cost		$ 496,473
Fair Value		$ 477,292
November Thirty Two Thousand Twenty Two [Member] | 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)		9.17%
Maturity Date		Sep. 15, 2028
Principal/ Number of Shares		2,977,500
Cost		$ 2,952,162
Fair Value		$ 2,270,344
November Thirty Two Thousand Twenty Two [Member] | 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 B10
Asset Type		Loan
Reference Rate		3M USD SOFR+
Reference Spread		4%
LIBOR Floor		0%
Current Rate (All In)		7.65%
Maturity Date		Aug. 19, 2028
Principal/ Number of Shares		2,000,000
Cost		$ 1,903,321
Fair Value		$ 1,749,160
November Thirty Two Thousand Twenty Two [Member] | 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 B8
Asset Type		Loan
Reference Rate		1M USD LIBOR+
Reference Spread		3.25%
LIBOR Floor		0%
Current Rate (All In)		7.32%
Maturity Date		Dec. 18, 2026
Principal/ Number of Shares		2,972,422
Cost		$ 2,963,170
Fair Value		$ 2,595,905
November Thirty Two Thousand Twenty Two [Member] | ATHENAHEALTH GROUP INC. [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)		7.41%
Maturity Date		Feb. 15, 2029
Principal/ Number of Shares		1,279,402
Cost		$ 1,273,783
Fair Value		$ 1,165,535
November Thirty Two Thousand Twenty Two [Member] | ATHENAHEALTH GROUP INC. One [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	[1]	Healthcare & Pharmaceuticals
Asset Name	[1]	Delayed Draw Term Loan (02/22)
Asset Type	[1]	Loan
Reference Rate	[1]
Reference Spread	[1]
LIBOR Floor	[1]
Current Rate (All In)	[1]
Maturity Date	[1]
Principal/ Number of Shares	[1]
Cost	[1]
Fair Value	[1]	$ (19,348)
November Thirty Two Thousand Twenty Two [Member] | 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)		8.12%
Maturity Date		Dec. 15, 2027
Principal/ Number of Shares		1,755,766
Cost		$ 1,748,465
Fair Value		$ 825,210
November Thirty Two Thousand Twenty Two [Member] | 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)		7.87%
Maturity Date		Dec. 15, 2027
Principal/ Number of Shares		1,000,000
Cost		$ 1,000,000
Fair Value		$ 470,000
November Thirty Two Thousand Twenty Two [Member] | 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 (08/22)
Asset Type		Loan
Reference Rate		1M USD SOFR+
Reference Spread		7%
LIBOR Floor		0%
Current Rate (All In)		10.84%
Maturity Date		Jan. 31, 2026
Principal/ Number of Shares		750,000
Cost		$ 707,671
Fair Value		$ 705,000
November Thirty Two Thousand Twenty Two [Member] | 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
Asset Type		Loan
Reference Rate		1M USD LIBOR+
Reference Spread		5.75%
LIBOR Floor		0%
Current Rate (All In)		8.12%
Maturity Date		Jan. 31, 2026
Principal/ Number of Shares		3,379,660
Cost		$ 3,350,178
Fair Value		$ 3,041,694
November Thirty Two Thousand Twenty Two [Member] | 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)		5.69%
Maturity Date		Jan. 15, 2025
Principal/ Number of Shares		1,000,000
Cost		$ 924,152
Fair Value		$ 983,280
November Thirty Two Thousand Twenty Two [Member] | 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 B5 (7/21)
Asset Type		Loan
Reference Rate		1M USD LIBOR+
Reference Spread		2.25%
LIBOR Floor		0.50%
Current Rate (All In)		6.19%
Maturity Date		Dec. 01, 2027
Principal/ Number of Shares		491,250
Cost		$ 487,564
Fair Value		$ 487,182
November Thirty Two Thousand Twenty Two [Member] | 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		1M USD LIBOR+
Reference Spread		6%
LIBOR Floor		0.75%
Current Rate (All In)		10.13%
Maturity Date		Sep. 20, 2027
Principal/ Number of Shares		481,250
Cost		$ 468,648
Fair Value		$ 445,156
November Thirty Two Thousand Twenty Two [Member] | 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)		6.57%
Maturity Date		Oct. 10, 2026
Principal/ Number of Shares		706,458
Cost		$ 702,411
Fair Value		$ 663,774
November Thirty Two Thousand Twenty Two [Member] | 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)		5.82%
Maturity Date		Nov. 19, 2026
Principal/ Number of Shares		1,458,750
Cost		$ 1,432,378
Fair Value		$ 1,429,575
November Thirty Two Thousand Twenty Two [Member] | 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)		7.67%
Maturity Date		May 29, 2029
Principal/ Number of Shares		997,500
Cost		$ 992,785
Fair Value		$ 927,675
November Thirty Two Thousand Twenty Two [Member] | 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)		7.38%
Maturity Date		Oct. 14, 2027
Principal/ Number of Shares		1,229,438
Cost		$ 1,218,148
Fair Value		$ 1,189,481
November Thirty Two Thousand Twenty Two [Member] | 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)		9.15%
Maturity Date		Feb. 01, 2027
Principal/ Number of Shares		1,975,000
Cost		$ 1,778,325
Fair Value		$ 1,465,608
November Thirty Two Thousand Twenty Two [Member] | 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)		8.81%
Maturity Date		Jun. 11, 2026
Principal/ Number of Shares		497,500
Cost		$ 481,689
Fair Value		$ 482,222
November Thirty Two Thousand Twenty Two [Member] | 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)		8.07%
Maturity Date		Apr. 06, 2026
Principal/ Number of Shares		246,183
Cost		$ 246,055
Fair Value		$ 243,877
November Thirty Two Thousand Twenty Two [Member] | 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)		8.34%
Maturity Date		Apr. 06, 2026
Principal/ Number of Shares		997,456
Cost		$ 971,635
Fair Value		$ 992,468
November Thirty Two Thousand Twenty Two [Member] | 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)		7.06%
Maturity Date		Apr. 13, 2028
Principal/ Number of Shares		1,970,000
Cost		$ 1,954,259
Fair Value		$ 1,947,227
November Thirty Two Thousand Twenty Two [Member] | 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		3M USD SOFR+
Reference Spread		3.25%
LIBOR Floor		0.50%
Current Rate (All In)		6.90%
Maturity Date		Jan. 24, 2029
Principal/ Number of Shares		1,995,000
Cost		$ 1,993,510
Fair Value		$ 1,875,300
November Thirty Two Thousand Twenty Two [Member] | 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 B
Asset Type		Loan
Reference Rate		1M USD LIBOR+
Reference Spread		2.25%
LIBOR Floor		0%
Current Rate (All In)		6.32%
Maturity Date		Apr. 23, 2026
Principal/ Number of Shares		982,278
Cost		$ 977,214
Fair Value		$ 956,494
November Thirty Two Thousand Twenty Two [Member] | 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 (6/21)
Asset Type		Loan
Reference Rate		1M USD LIBOR+
Reference Spread		2.75%
LIBOR Floor		0.50%
Current Rate (All In)		6.82%
Maturity Date		Apr. 23, 2026
Principal/ Number of Shares		1,468,869
Cost		$ 1,461,127
Fair Value		$ 1,435,819
November Thirty Two Thousand Twenty Two [Member] | 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)		7.67%
Maturity Date		May 22, 2024
Principal/ Number of Shares		2,287,052
Cost		$ 2,283,467
Fair Value		$ 2,287,052
November Thirty Two Thousand Twenty Two [Member] | 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)		6.18%
Maturity Date		Mar. 04, 2028
Principal/ Number of Shares		985,000
Cost		$ 983,025
Fair Value		$ 955,450
November Thirty Two Thousand Twenty Two [Member] | 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)		6.07%
Maturity Date		May 24, 2027
Principal/ Number of Shares		1,458,799
Cost		$ 1,451,939
Fair Value		$ 1,413,212
November Thirty Two Thousand Twenty Two [Member] | 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)		7.82%
Maturity Date		Oct. 02, 2025
Principal/ Number of Shares		518,307
Cost		$ 518,307
Fair Value		$ 496,476
November Thirty Two Thousand Twenty Two [Member] | 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)		7.99%
Maturity Date		Sep. 05, 2025
Principal/ Number of Shares		960,000
Cost		$ 957,834
Fair Value		$ 928,800
November Thirty Two Thousand Twenty Two [Member] | 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)		7.57%
Maturity Date		Mar. 05, 2026
Principal/ Number of Shares		985,000
Cost		$ 985,000
Fair Value		$ 936,213
November Thirty Two Thousand Twenty Two [Member] | 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)		7.07%
Maturity Date		Jan. 22, 2027
Principal/ Number of Shares		2,956,366
Cost		$ 2,951,703
Fair Value		$ 2,845,148
November Thirty Two Thousand Twenty Two [Member] | 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)		6.82%
Maturity Date		Aug. 01, 2025
Principal/ Number of Shares		1,466,344
Cost		$ 1,467,980
Fair Value		$ 1,437,780
November Thirty Two Thousand Twenty Two [Member] | 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		3M USD SOFR+
Reference Spread		3.75%
LIBOR Floor		0%
Current Rate (All In)		7.84%
Maturity Date		Jun. 08, 2029
Principal/ Number of Shares		500,000
Cost		$ 488,005
Fair Value		$ 496,250
November Thirty Two Thousand Twenty Two [Member] | 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)		6.02%
Maturity Date		Nov. 01, 2026
Principal/ Number of Shares		1,955,163
Cost		$ 1,945,010
Fair Value		$ 1,929,843
November Thirty Two Thousand Twenty Two [Member] | 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)		7.57%
Maturity Date		Mar. 31, 2028
Principal/ Number of Shares		2,468,750
Cost		$ 2,448,956
Fair Value		$ 2,400,859
November Thirty Two Thousand Twenty Two [Member] | 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)		8.57%
Maturity Date		Jan. 04, 2026
Principal/ Number of Shares		676,875
Cost		$ 669,868
Fair Value		$ 674,973
November Thirty Two Thousand Twenty Two [Member] | 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)		6.37%
Maturity Date		Jun. 05, 2028
Principal/ Number of Shares		2,493,671
Cost		$ 2,265,060
Fair Value		$ 2,247,421
November Thirty Two Thousand Twenty Two [Member] | 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)		10.42%
Maturity Date		Jul. 31, 2023
Principal/ Number of Shares		5,393,388
Cost		$ 5,320,672
Fair Value		$ 3,573,119
November Thirty Two Thousand Twenty Two [Member] | 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
Cost		$ 11,270
November Thirty Two Thousand Twenty Two [Member] | 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)		7.82%
Maturity Date		Jan. 27, 2027
Principal/ Number of Shares		1,967,571
Cost		$ 1,957,645
Fair Value		$ 1,368,701
November Thirty Two Thousand Twenty Two [Member] | CBI 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)		7.13%
Maturity Date		Jan. 06, 2028
Principal/ Number of Shares		2,977,424
Cost		$ 2,815,361
Fair Value		$ 2,149,700
November Thirty Two Thousand Twenty Two [Member] | 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		1M USD LIBOR+
Reference Spread		2.25%
LIBOR Floor		0.50%
Current Rate (All In)		6.32%
Maturity Date		Sep. 16, 2028
Principal/ Number of Shares		248,125
Cost		$ 247,590
Fair Value		$ 243,907
November Thirty Two Thousand Twenty Two [Member] | CCI 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)		7.55%
Maturity Date		Dec. 17, 2027
Principal/ Number of Shares		246,250
Cost		$ 244,380
Fair Value		$ 237,693
November Thirty Two Thousand Twenty Two [Member] | 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 (11/22)
Asset Type		Loan
Reference Rate		1M USD SOFR+
Reference Spread		4.25%
LIBOR Floor		0.50%
Current Rate (All In)		8.16%
Maturity Date		Mar. 05, 2028
Principal/ Number of Shares		1,000,000
Cost		$ 950,000
Fair Value		$ 950,000
November Thirty Two Thousand Twenty Two [Member] | CCRR Parent, 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
Asset Type		Loan
Reference Rate		1M USD LIBOR+
Reference Spread		3.75%
LIBOR Floor		0.75%
Current Rate (All In)		7.83%
Maturity Date		Mar. 05, 2028
Principal/ Number of Shares		985,000
Cost		$ 980,935
Fair Value		$ 935,750
November Thirty Two Thousand Twenty Two [Member] | 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		3M USD LIBOR+
Reference Spread		5.50%
LIBOR Floor		0%
Current Rate (All In)		9.91%
Maturity Date		Sep. 25, 2025
Principal/ Number of Shares		2,406,250
Cost		$ 2,395,238
Fair Value		$ 2,218,563
November Thirty Two Thousand Twenty Two [Member] | 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		1M USD SOFR+
Reference Spread		4.50%
LIBOR Floor		0.50%
Current Rate (All In)		8.11%
Maturity Date		Jul. 06, 2029
Principal/ Number of Shares		1,000,000
Cost		$ 970,767
Fair Value		$ 987,160
November Thirty Two Thousand Twenty Two [Member] | 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		2,970,000
Cost		$ 2,947,629
Fair Value		$ 2,722,005
November Thirty Two Thousand Twenty Two [Member] | 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)		6.57%
Maturity Date		Aug. 27, 2028
Principal/ Number of Shares		880,830
Cost		$ 873,365
Fair Value		$ 847,526
November Thirty Two Thousand Twenty Two [Member] | 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)		6.32%
Maturity Date		Mar. 15, 2027
Principal/ Number of Shares		3,899,823
Cost		$ 3,895,031
Fair Value		$ 3,691,846
November Thirty Two Thousand Twenty Two [Member] | 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		1M USD SOFR+
Reference Spread		5.25%
LIBOR Floor		0%
Current Rate (All In)		9.05%
Maturity Date		Feb. 11, 2028
Principal/ Number of Shares		1,500,000
Cost		$ 1,399,252
Fair Value		$ 1,420,005
November Thirty Two Thousand Twenty Two [Member] | 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)		5.83%
Maturity Date		Apr. 03, 2025
Principal/ Number of Shares		907,689
Cost		$ 880,613
Fair Value		$ 889,535
November Thirty Two Thousand Twenty Two [Member] | 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)		6.08%
Maturity Date		Mar. 17, 2028
Principal/ Number of Shares		492,500
Cost		$ 491,517
Fair Value		$ 483,881
November Thirty Two Thousand Twenty Two [Member] | 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)		7.57%
Maturity Date		May 17, 2028
Principal/ Number of Shares		1,984,975
Cost		$ 1,893,696
Fair Value		$ 1,741,815
November Thirty Two Thousand Twenty Two [Member] | 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)		6.70%
Maturity Date		Feb. 02, 2028
Principal/ Number of Shares		4,925,000
Cost		$ 4,921,355
Fair Value		$ 4,844,969
November Thirty Two Thousand Twenty Two [Member] | 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)		7.32%
Maturity Date		Apr. 30, 2026
Principal/ Number of Shares		1,267,812
Cost		$ 1,260,725
Fair Value		$ 1,245,891
November Thirty Two Thousand Twenty Two [Member] | 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)		8.40%
Maturity Date		Aug. 09, 2026
Principal/ Number of Shares		3,448,649
Cost		$ 3,429,363
Fair Value		$ 3,392,608
November Thirty Two Thousand Twenty Two [Member] | 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)		8.36%
Maturity Date		Apr. 13, 2029
Principal/ Number of Shares		1,496,250
Cost		$ 1,461,330
Fair Value		$ 1,442,415
November Thirty Two Thousand Twenty Two [Member] | 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		3M USD LIBOR+
Reference Spread		5.50%
LIBOR Floor		0%
Current Rate (All In)		9.17%
Maturity Date		Feb. 07, 2025
Principal/ Number of Shares		887,500
Cost		$ 883,329
Fair Value		$ 813,545
November Thirty Two Thousand Twenty Two [Member] | 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)		6.44%
Maturity Date		May 14, 2028
Principal/ Number of Shares		458,677
Cost		$ 457,730
Fair Value		$ 450,650
November Thirty Two Thousand Twenty Two [Member] | 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)		8.32%
Maturity Date		Oct. 16, 2028
Principal/ Number of Shares		1,792,500
Cost		$ 1,758,276
Fair Value		$ 1,684,950
November Thirty Two Thousand Twenty Two [Member] | 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)		7.58%
Maturity Date		Dec. 11, 2026
Principal/ Number of Shares		2,925,000
Cost		$ 2,818,276
Fair Value		$ 2,884,781
November Thirty Two Thousand Twenty Two [Member] | 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)		7.63%
Maturity Date		Oct. 02, 2027
Principal/ Number of Shares		2,714,005
Cost		$ 2,511,207
Fair Value		$ 2,370,222
November Thirty Two Thousand Twenty Two [Member] | 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)		6.13%
Maturity Date		Jan. 31, 2028
Principal/ Number of Shares		4,000,000
Cost		$ 3,988,162
Fair Value		$ 3,871,000
November Thirty Two Thousand Twenty Two [Member] | 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)		7.63%
Maturity Date		Jun. 02, 2028
Principal/ Number of Shares		2,475,000
Cost		$ 2,464,692
Fair Value		$ 2,035,688
November Thirty Two Thousand Twenty Two [Member] | 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)		6.55%
Maturity Date		Mar. 02, 2027
Principal/ Number of Shares		1,965,000
Cost		$ 1,965,000
Fair Value		$ 1,913,419
November Thirty Two Thousand Twenty Two [Member] | 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)		7.43%
Maturity Date		Mar. 24, 2028
Principal/ Number of Shares		3,937,424
Cost		$ 3,917,264
Fair Value		$ 3,912,816
November Thirty Two Thousand Twenty Two [Member] | 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)		8.34%
Maturity Date		Nov. 27, 2026
Principal/ Number of Shares		498,750
Cost		$ 481,495
Fair Value		$ 491,269
November Thirty Two Thousand Twenty Two [Member] | 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)		7.73%
Maturity Date		Feb. 20, 2029
Principal/ Number of Shares		2,962,500
Cost		$ 2,851,533
Fair Value		$ 2,855,109
November Thirty Two Thousand Twenty Two [Member] | 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)		8.13%
Maturity Date		Sep. 15, 2027
Principal/ Number of Shares		493,750
Cost		$ 493,278
Fair Value		$ 486,754
November Thirty Two Thousand Twenty Two [Member] | 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)		8.52%
Maturity Date		Apr. 27, 2027
Principal/ Number of Shares		3,404,110
Cost		$ 3,376,446
Fair Value		$ 3,316,896
November Thirty Two Thousand Twenty Two [Member] | 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
Asset Type		Loan
Reference Rate		1M USD LIBOR+
Reference Spread		2.25%
LIBOR Floor		0%
Current Rate (All In)		6.12%
Maturity Date		Jan. 15, 2026
Principal/ Number of Shares		481,250
Cost		$ 480,747
Fair Value		$ 457,938
November Thirty Two Thousand Twenty Two [Member] | 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 (03/17)
Asset Type		Loan
Reference Rate		1M USD LIBOR+
Reference Spread		2.25%
LIBOR Floor		0%
Current Rate (All In)		6.12%
Maturity Date		Jul. 15, 2025
Principal/ Number of Shares		1,918,782
Cost		$ 1,907,588
Fair Value		$ 1,834,356
November Thirty Two Thousand Twenty Two [Member] | 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)		6.37%
Maturity Date		Apr. 15, 2027
Principal/ Number of Shares		486,250
Cost		$ 486,250
Fair Value		$ 454,848
November Thirty Two Thousand Twenty Two [Member] | 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)		10.41%
Maturity Date		Nov. 02, 2027
Principal/ Number of Shares		1,965,000
Cost		$ 1,920,583
Fair Value		$ 1,650,600
November Thirty Two Thousand Twenty Two [Member] | 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)		8.02%
Maturity Date		Mar. 05, 2028
Principal/ Number of Shares		1,477,500
Cost		$ 1,471,549
Fair Value		$ 1,423,483
November Thirty Two Thousand Twenty Two [Member] | 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)		9.19%
Maturity Date		Jun. 29, 2029
Principal/ Number of Shares		997,500
Cost		$ 949,562
Fair Value		$ 988,273
November Thirty Two Thousand Twenty Two [Member] | 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		6M USD SOFR+
Reference Spread		4%
LIBOR Floor		0%
Current Rate (All In)		8.70%
Maturity Date		Oct. 16, 2026
Principal/ Number of Shares		1,473,552
Cost		$ 1,473,552
Fair Value		$ 1,415,140
November Thirty Two Thousand Twenty Two [Member] | 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)		6%
Maturity Date		Mar. 31, 2025
Principal/ Number of Shares		4,761,489
Cost		$ 4,737,511
Fair Value		$ 4,713,874
November Thirty Two Thousand Twenty Two [Member] | Delek US Holdings, Inc One [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry		Utilities: Oil & Gas
Asset Name		Term Loan B (11/22)
Asset Type		Loan
Reference Rate		1M USD SOFR+
Reference Spread		3.50%
LIBOR Floor		0.50%
Current Rate (All In)		5.79%
Maturity Date		Nov. 16, 2029
Principal/ Number of Shares		638,511
Cost		$ 612,970
Fair Value		$ 611,904
November Thirty Two Thousand Twenty Two [Member] | Delta 2 Lux Sarl [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		3.25%
LIBOR Floor		0.50%
Current Rate (All In)		7.20%
Maturity Date		Jan. 15, 2030
Principal/ Number of Shares		1,000,000
Cost		$ 990,000
Fair Value		$ 994,690
November Thirty Two Thousand Twenty Two [Member] | 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)		7.42%
Maturity Date		Oct. 04, 2028
Principal/ Number of Shares		995,000
Cost		$ 991,404
Fair Value		$ 897,709
November Thirty Two Thousand Twenty Two [Member] | DG Investment Intermediate Holdings 2, Inc. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry		Aerospace & Defense
Asset Name		Incremental Term Loan (3/22)
Asset Type		Loan
Reference Rate		1M USD SOFR+
Reference Spread		4.75%
LIBOR Floor		0.75%
Current Rate (All In)		8.84%
Maturity Date		Mar. 31, 2028
Principal/ Number of Shares		500,000
Cost		$ 480,000
Fair Value		$ 480,000
November Thirty Two Thousand Twenty Two [Member] | 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)		11.89%
Maturity Date		May 25, 2026
Principal/ Number of Shares		343,206
Cost		$ 334,272
Fair Value		$ 323,128
November Thirty Two Thousand Twenty Two [Member] | 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)		7.14%
Maturity Date		Aug. 24, 2026
Principal/ Number of Shares		3,383,403
Cost		$ 3,002,894
Fair Value		$ 535,017
November Thirty Two Thousand Twenty Two [Member] | 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)		9.07%
Maturity Date		Aug. 02, 2027
Principal/ Number of Shares		3,640,000
Cost		$ 3,610,628
Fair Value		$ 3,481,150
November Thirty Two Thousand Twenty Two [Member] | 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		3M USD SOFR+
Reference Spread		4.38%
LIBOR Floor		0.50%
Current Rate (All In)		7.97%
Maturity Date		Oct. 04, 2029
Principal/ Number of Shares		1,500,000
Cost		$ 1,381,965
Fair Value		$ 1,366,125
November Thirty Two Thousand Twenty Two [Member] | 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)		7.92%
Maturity Date		Mar. 25, 2028
Principal/ Number of Shares		493,750
Cost		$ 489,829
Fair Value		$ 408,578
November Thirty Two Thousand Twenty Two [Member] | 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)		8.81%
Maturity Date		Nov. 30, 2028
Principal/ Number of Shares		1,313,445
Cost		$ 1,274,186
Fair Value		$ 1,278,415
November Thirty Two Thousand Twenty Two [Member] | DOTDASH MEREDITH, 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
Asset Type		Loan
Reference Rate		1M USD SOFR+
Reference Spread		4%
LIBOR Floor		0.50%
Current Rate (All In)		7.84%
Maturity Date		Nov. 30, 2028
Principal/ Number of Shares		2,000,000
Cost		$ 1,801,481
Fair Value		$ 1,730,000
November Thirty Two Thousand Twenty Two [Member] | 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)		9.32%
Maturity Date		Dec. 15, 2028
Principal/ Number of Shares		3,982,494
Cost		$ 3,835,244
Fair Value		$ 3,537,769
November Thirty Two Thousand Twenty Two [Member] | 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)		7.82%
Maturity Date		Mar. 01, 2028
Principal/ Number of Shares		6,435,000
Cost		$ 6,394,793
Fair Value		$ 6,264,086
November Thirty Two Thousand Twenty Two [Member] | 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)		6.82%
Maturity Date		Aug. 21, 2025
Principal/ Number of Shares		3,846,424
Cost		$ 3,837,843
Fair Value		$ 3,747,532
November Thirty Two Thousand Twenty Two [Member] | 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		1M USD LIBOR+
Reference Spread		3.50%
LIBOR Floor		0.50%
Current Rate (All In)		7.57%
Maturity Date		Aug. 16, 2028
Principal/ Number of Shares		992,500
Cost		$ 988,234
Fair Value		$ 955,103
November Thirty Two Thousand Twenty Two [Member] | 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)		7.57%
Maturity Date		Nov. 23, 2028
Principal/ Number of Shares		1,990,000
Cost		$ 1,985,621
Fair Value		$ 1,827,815
November Thirty Two Thousand Twenty Two [Member] | 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)		7.57%
Maturity Date		Apr. 07, 2028
Principal/ Number of Shares		2,194,102
Cost		$ 2,187,303
Fair Value		$ 2,090,869
November Thirty Two Thousand Twenty Two [Member] | 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)		8.32%
Maturity Date		Jun. 26, 2025
Principal/ Number of Shares		1,893,400
Cost		$ 1,893,400
Fair Value		$ 1,693,419
November Thirty Two Thousand Twenty Two [Member] | 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)		7.07%
Maturity Date		Nov. 01, 2028
Principal/ Number of Shares		497,500
Cost		$ 495,391
Fair Value		$ 482,222
November Thirty Two Thousand Twenty Two [Member] | 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		3M USD LIBOR+
Reference Spread		6.50%
LIBOR Floor		0%
Current Rate (All In)		10.17%
Maturity Date		Dec. 14, 2025
Principal/ Number of Shares		2,175,269
Cost		$ 2,117,050
Fair Value		$ 2,091,891
November Thirty Two Thousand Twenty Two [Member] | 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)		6.55%
Maturity Date		Mar. 30, 2029
Principal/ Number of Shares		616,467
Cost		$ 613,029
Fair Value		$ 592,197
November Thirty Two Thousand Twenty Two [Member] | 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		Prime
Reference Spread		6%
LIBOR Floor		0.75%
Current Rate (All In)		13%
Maturity Date		Mar. 27, 2028
Principal/ Number of Shares		2,335,285
Cost		$ 2,327,697
Fair Value		$ 1,850,714
November Thirty Two Thousand Twenty Two [Member] | 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)		7.35%
Maturity Date		Feb. 10, 2028
Principal/ Number of Shares		2,468,750
Cost		$ 2,458,793
Fair Value		$ 2,234,219
November Thirty Two Thousand Twenty Two [Member] | 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		3M USD LIBOR+
Reference Spread		3.75%
LIBOR Floor		0%
Current Rate (All In)		8.16%
Maturity Date		Oct. 10, 2025
Principal/ Number of Shares		4,802,089
Cost		$ 4,798,602
Fair Value		$ 1,333,780
November Thirty Two Thousand Twenty Two [Member] | 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		3M USD SOFR+
Reference Spread		6%
LIBOR Floor		0.50%
Current Rate (All In)		9.61%
Maturity Date		Aug. 03, 2029
Principal/ Number of Shares		1,000,000
Cost		$ 921,781
Fair Value		$ 962,500
November Thirty Two Thousand Twenty Two [Member] | 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)		8.17%
Maturity Date		Dec. 11, 2028
Principal/ Number of Shares		992,500
Cost		$ 983,752
Fair Value		$ 976,372
November Thirty Two Thousand Twenty Two [Member] | 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)		7.42%
Maturity Date		Feb. 18, 2027
Principal/ Number of Shares		1,953,051
Cost		$ 1,952,938
Fair Value		$ 1,683,530
November Thirty Two Thousand Twenty Two [Member] | 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)		6.57%
Maturity Date		Jun. 27, 2025
Principal/ Number of Shares		2,830,950
Cost		$ 2,826,583
Fair Value		$ 2,815,040
November Thirty Two Thousand Twenty Two [Member] | 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		4,925,000
Cost		$ 4,863,003
Fair Value		$ 4,744,400
November Thirty Two Thousand Twenty Two [Member] | 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)		6.17%
Maturity Date		Feb. 01, 2027
Principal/ Number of Shares		5,159,769
Cost		$ 5,146,052
Fair Value		$ 5,022,467
November Thirty Two Thousand Twenty Two [Member] | 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)		6.64%
Maturity Date		Jul. 21, 2028
Principal/ Number of Shares		724,914
Cost		$ 720,485
Fair Value		$ 680,289
November Thirty Two Thousand Twenty Two [Member] | 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)		6.64%
Maturity Date		Jul. 21, 2028
Principal/ Number of Shares		269,608
Cost		$ 267,960
Fair Value		$ 253,011
November Thirty Two Thousand Twenty Two [Member] | 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		3M USD SOFR+
Reference Spread		3.25%
LIBOR Floor		1%
Current Rate (All In)		7.49%
Maturity Date		Apr. 18, 2025
Principal/ Number of Shares		1,330,058
Cost		$ 1,326,498
Fair Value		$ 1,218,666
November Thirty Two Thousand Twenty Two [Member] | Flutter Financing B.V. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry		Hotel, Gaming & Leisure
Asset Name		Third Amendment 2028-B Term Loan
Asset Type		Loan
Reference Rate		3M USD SOFR+
Reference Spread		3.25%
LIBOR Floor		0.50%
Current Rate (All In)		7.01%
Maturity Date		Jul. 21, 2028
Principal/ Number of Shares		750,000
Cost		$ 733,395
Fair Value		$ 743,955
November Thirty Two Thousand Twenty Two [Member] | 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 B
Asset Type		Loan
Reference Rate		1M USD SOFR+
Reference Spread		3.25%
LIBOR Floor		0.50%
Current Rate (All In)		7.33%
Maturity Date		Jun. 29, 2028
Principal/ Number of Shares		1,491,026
Cost		$ 1,473,267
Fair Value		$ 1,465,872
November Thirty Two Thousand Twenty Two [Member] | 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)		8.69%
Maturity Date		Mar. 10, 2026
Principal/ Number of Shares		799,104
Cost		$ 793,510
Fair Value		$ 768,139
November Thirty Two Thousand Twenty Two [Member] | 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)		6.38%
Maturity Date		Aug. 01, 2025
Principal/ Number of Shares		4,319,981
Cost		$ 4,304,912
Fair Value		$ 4,265,982
November Thirty Two Thousand Twenty Two [Member] | 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)		6.32%
Maturity Date		Jan. 29, 2027
Principal/ Number of Shares		1,955,000
Cost		$ 1,952,258
Fair Value		$ 1,897,738
November Thirty Two Thousand Twenty Two [Member] | 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)		7.67%
Maturity Date		Apr. 30, 2028
Principal/ Number of Shares		1,485,000
Cost		$ 1,479,126
Fair Value		$ 1,466,438
November Thirty Two Thousand Twenty Two [Member] | Gates Global LLC [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry		Automotive
Asset Name		Term Loan (11/22)
Asset Type		Loan
Reference Rate		1M USD SOFR+
Reference Spread		3.50%
LIBOR Floor		0.50%
Current Rate (All In)		7.30%
Maturity Date		Nov. 09, 2029
Principal/ Number of Shares		250,000
Cost		$ 242,500
Fair Value		$ 245,500
November Thirty Two Thousand Twenty Two [Member] | 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)		7.42%
Maturity Date		Dec. 31, 2027
Principal/ Number of Shares		2,315,912
Cost		$ 2,301,741
Fair Value		$ 2,253,961
November Thirty Two Thousand Twenty Two [Member] | 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)		9.94%
Maturity Date		Oct. 07, 2026
Principal/ Number of Shares		361,259
Cost		$ 361,259
Fair Value		$ 331,156
November Thirty Two Thousand Twenty Two [Member] | 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)		5.67%
Maturity Date		Dec. 30, 2026
Principal/ Number of Shares		1,462,500
Cost		$ 1,458,153
Fair Value		$ 1,446,968
November Thirty Two Thousand Twenty Two [Member] | 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 SOFR+
Reference Spread		2.50%
LIBOR Floor		0%
Current Rate (All In)		6.69%
Maturity Date		Aug. 27, 2025
Principal/ Number of Shares		3,083,145
Cost		$ 2,709,702
Fair Value		$ 3,040,752
November Thirty Two Thousand Twenty Two [Member] | 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 SOFR+
Reference Spread		4.25%
LIBOR Floor		0%
Current Rate (All In)		8.49%
Maturity Date		Nov. 29, 2025
Principal/ Number of Shares		4,910,390
Cost		$ 4,754,383
Fair Value		$ 4,221,413
November Thirty Two Thousand Twenty Two [Member] | 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)		6.07%
Maturity Date		Aug. 10, 2027
Principal/ Number of Shares		1,964,824
Cost		$ 1,964,824
Fair Value		$ 1,945,176
November Thirty Two Thousand Twenty Two [Member] | 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)		9%
Maturity Date		Dec. 01, 2027
Principal/ Number of Shares		1,975,000
Cost		$ 1,957,934
Fair Value		$ 1,910,813
November Thirty Two Thousand Twenty Two [Member] | 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)		7.07%
Maturity Date		Aug. 07, 2027
Principal/ Number of Shares		964,966
Cost		$ 959,889
Fair Value		$ 942,048
November Thirty Two Thousand Twenty Two [Member] | 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)		7.82%
Maturity Date		Mar. 06, 2028
Principal/ Number of Shares		982,575
Cost		$ 978,572
Fair Value		$ 943,026
November Thirty Two Thousand Twenty Two [Member] | 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		1M USD LIBOR+
Reference Spread		3.25%
LIBOR Floor		0%
Current Rate (All In)		7.32%
Maturity Date		Apr. 12, 2024
Principal/ Number of Shares		2,844,231
Cost		$ 2,833,856
Fair Value		$ 2,766,014
November Thirty Two Thousand Twenty Two [Member] | 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)		6.62%
Maturity Date		Jan. 24, 2029
Principal/ Number of Shares		155,000
Cost		$ 154,653
Fair Value		$ 151,998
November Thirty Two Thousand Twenty Two [Member] | 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)		6.57%
Maturity Date		Feb. 24, 2028
Principal/ Number of Shares		2,844,023
Cost		$ 2,841,299
Fair Value		$ 2,801,363
November Thirty Two Thousand Twenty Two [Member] | 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)		6.82%
Maturity Date		Oct. 19, 2027
Principal/ Number of Shares		3,447,236
Cost		$ 3,428,346
Fair Value		$ 3,266,980
November Thirty Two Thousand Twenty Two [Member] | 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)		7.82%
Maturity Date		Jun. 03, 2024
Principal/ Number of Shares		209,702
Cost		$ 209,657
Fair Value		$ 202,798
November Thirty Two Thousand Twenty Two [Member] | 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		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)		6.79%
Maturity Date		Jul. 14, 2028
Principal/ Number of Shares		3,487,975
Cost		$ 3,481,366
Fair Value		$ 3,372,872
November Thirty Two Thousand Twenty Two [Member] | Hillman Group Inc. (The) (New) One [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	[1]	Consumer goods: Durable
Asset Name	[1]	Delayed Draw Term Loan (2/21)
Asset Type	[1]	Loan
Reference Rate	[1]	1M USD LIBOR+
Reference Spread	[1]	2.75%
LIBOR Floor	[1]	0.50%
Current Rate (All In)	[1]	6.79%
Maturity Date	[1]	Jul. 14, 2028
Principal/ Number of Shares	[1]	66,836
Cost	[1]	$ 66,835
Fair Value	[1]	$ 39,010
November Thirty Two Thousand Twenty Two [Member] | 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)		6.57%
Maturity Date		Aug. 18, 2025
Principal/ Number of Shares		3,520,000
Cost		$ 3,513,070
Fair Value		$ 3,358,960
November Thirty Two Thousand Twenty Two [Member] | 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)		8.42%
Maturity Date		Nov. 17, 2028
Principal/ Number of Shares		2,324,464
Cost		$ 2,315,433
Fair Value		$ 2,030,280
November Thirty Two Thousand Twenty Two [Member] | 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)		7.38%
Maturity Date		Nov. 12, 2027
Principal/ Number of Shares		2,157,681
Cost		$ 2,148,953
Fair Value		$ 2,100,653
November Thirty Two Thousand Twenty Two [Member] | 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		1M USD SOFR+
Reference Spread		3%
LIBOR Floor		0%
Current Rate (All In)		7.20%
Maturity Date		Mar. 17, 2028
Principal/ Number of Shares		5,910,000
Cost		$ 5,863,465
Fair Value		$ 5,491,040
November Thirty Two Thousand Twenty Two [Member] | 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		3M USD LIBOR+
Reference Spread		3.75%
LIBOR Floor		0.75%
Current Rate (All In)		7.50%
Maturity Date		Mar. 02, 2028
Principal/ Number of Shares		4,823,353
Cost		$ 4,813,942
Fair Value		$ 4,560,094
November Thirty Two Thousand Twenty Two [Member] | 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		3.50%
LIBOR Floor		0.50%
Current Rate (All In)		7.57%
Maturity Date		Nov. 01, 2028
Principal/ Number of Shares		1,985,000
Cost		$ 1,976,455
Fair Value		$ 1,911,813
November Thirty Two Thousand Twenty Two [Member] | 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)		7.82%
Maturity Date		Mar. 06, 2028
Principal/ Number of Shares		2,221,313
Cost		$ 2,220,912
Fair Value		$ 1,940,872
November Thirty Two Thousand Twenty Two [Member] | 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)		6.82%
Maturity Date		Jan. 29, 2026
Principal/ Number of Shares		1,984,975
Cost		$ 1,930,186
Fair Value		$ 1,950,238
November Thirty Two Thousand Twenty Two [Member] | 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)		6.88%
Maturity Date		Oct. 27, 2028
Principal/ Number of Shares		497,500
Cost		$ 497,008
Fair Value		$ 486,804
November Thirty Two Thousand Twenty Two [Member] | Ingram Micro Inc. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry		Wholesale
Asset Name		Term Loan
Asset Type		Loan
Reference Rate		3M USD LIBOR+
Reference Spread		3.50%
LIBOR Floor		0.50%
Current Rate (All In)		7.17%
Maturity Date		Jun. 30, 2028
Principal/ Number of Shares		1,481,250
Cost		$ 1,468,838
Fair Value		$ 1,457,639
November Thirty Two Thousand Twenty Two [Member] | 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)		8.07%
Maturity Date		May 01, 2024
Principal/ Number of Shares		3,359,537
Cost		$ 3,331,094
Fair Value		$ 3,037,021
November Thirty Two Thousand Twenty Two [Member] | 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)		7.32%
Maturity Date		Feb. 04, 2027
Principal/ Number of Shares		487,500
Cost		$ 485,983
Fair Value		$ 478,969
November Thirty Two Thousand Twenty Two [Member] | 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		4,112,759
Cost		$ 4,094,253
Fair Value		$ 2,739,097
November Thirty Two Thousand Twenty Two [Member] | Isagenix International, LLC [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	[2]	Beverage, Food & Tobacco
Asset Name	[2]	Term Loan
Asset Type	[2]	Loan
Reference Rate	[2]	3M USD LIBOR+
Reference Spread	[2]	7.75%
LIBOR Floor	[2]	1%
Current Rate (All In)	[2]	11.35%
Maturity Date	[2]	Jun. 14, 2025
Principal/ Number of Shares	[2]	2,364,256
Cost	[2]	$ 2,343,650
Fair Value	[2]	$ 505,360
November Thirty Two Thousand Twenty Two [Member] | 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)		7.39%
Maturity Date		Mar. 14, 2025
Principal/ Number of Shares		2,934,827
Cost		$ 2,920,577
Fair Value		$ 2,773,412
November Thirty Two Thousand Twenty Two [Member] | J Jill Group, Inc [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry		Retail
Asset Name		Common Stock - Restricted
Asset Type
Reference Rate
Reference Spread
LIBOR Floor
Current Rate (All In)
Maturity Date
Principal/ Number of Shares		2,107
Fair Value		$ 53,602
November Thirty Two Thousand Twenty Two [Member] | 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)		9.41%
Maturity Date		May 08, 2024
Principal/ Number of Shares		1,559,000
Cost		$ 1,558,339
Fair Value		$ 1,424,537
November Thirty Two Thousand Twenty Two [Member] | 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)		6.82%
Maturity Date		Jan. 31, 2028
Principal/ Number of Shares		3,930,000
Cost		$ 3,925,864
Fair Value		$ 3,813,947
November Thirty Two Thousand Twenty Two [Member] | 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)		7.92%
Maturity Date		Mar. 01, 2028
Principal/ Number of Shares		987,500
Cost		$ 983,491
Fair Value		$ 706,063
November Thirty Two Thousand Twenty Two [Member] | 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)		9.91%
Maturity Date		Nov. 15, 2025
Principal/ Number of Shares		3,951,625
Cost		$ 3,929,324
Fair Value		$ 2,850,109
November Thirty Two Thousand Twenty Two [Member] | 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 SOFR+
Reference Spread		4.75%
LIBOR Floor		0.50%
Current Rate (All In)		8.26%
Maturity Date		Feb. 12, 2026
Principal/ Number of Shares		1,477,500
Cost		$ 1,472,741
Fair Value		$ 1,311,902
November Thirty Two Thousand Twenty Two [Member] | 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)		6.92%
Maturity Date		Mar. 13, 2028
Principal/ Number of Shares		492,500
Cost		$ 491,212
Fair Value		$ 464,590
November Thirty Two Thousand Twenty Two [Member] | 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)		7.44%
Maturity Date		Sep. 01, 2027
Principal/ Number of Shares		492,528
Cost		$ 483,597
Fair Value		$ 486,372
November Thirty Two Thousand Twenty Two [Member] | Lakeland Tours, LLC [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		990,775
Cost		$ 374,526
Fair Value		$ 610,981
November Thirty Two Thousand Twenty Two [Member] | Lakeland Tours, LLC (d) [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
Cost		$ 101,437
November Thirty Two Thousand Twenty Two [Member] | 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)		5.07%
Maturity Date		Jun. 30, 2025
Principal/ Number of Shares		342,503
Cost		$ 342,503
Fair Value		$ 180,098
November Thirty Two Thousand Twenty Two [Member] | LHS BORROWER, LLC [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry		Construction & Building
Asset Name		Term Loan (02/22)
Asset Type		Loan
Reference Rate		1M USD SOFR+
Reference Spread		4.75%
LIBOR Floor		0.50%
Current Rate (All In)		8.94%
Maturity Date		Feb. 25, 2029
Principal/ Number of Shares		1,000,000
Cost		$ 813,015
Fair Value		$ 806,250
November Thirty Two Thousand Twenty Two [Member] | 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)		7.57%
Maturity Date		Feb. 28, 2025
Principal/ Number of Shares		2,616,496
Cost		$ 2,600,308
Fair Value		$ 2,481,301
November Thirty Two Thousand Twenty Two [Member] | 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		6M USD LIBOR+
Reference Spread		4.75%
LIBOR Floor		0%
Current Rate (All In)		8.92%
Maturity Date		Mar. 17, 2028
Principal/ Number of Shares		987,500
Cost		$ 984,471
Fair Value		$ 933,188
November Thirty Two Thousand Twenty Two [Member] | 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)		8.77%
Maturity Date		Aug. 31, 2027
Principal/ Number of Shares		3,930,000
Cost		$ 3,874,858
Fair Value		$ 2,513,549
November Thirty Two Thousand Twenty Two [Member] | 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)		8.57%
Maturity Date		Nov. 03, 2027
Principal/ Number of Shares		3,152,258
Cost		$ 3,136,058
Fair Value		$ 1,245,142
November Thirty Two Thousand Twenty Two [Member] | 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)		5.52%
Maturity Date		Nov. 11, 2026
Principal/ Number of Shares		1,210,969
Cost		$ 1,209,252
Fair Value		$ 1,202,892
November Thirty Two Thousand Twenty Two [Member] | 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)		7.70%
Maturity Date		Oct. 16, 2028
Principal/ Number of Shares		248,750
Cost		$ 247,702
Fair Value		$ 240,302
November Thirty Two Thousand Twenty Two [Member] | 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)		10.80%
Maturity Date		Mar. 29, 2029
Principal/ Number of Shares		3,000,000
Cost		$ 2,905,986
Fair Value		$ 2,894,370
November Thirty Two Thousand Twenty Two [Member] | 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)		7.42%
Maturity Date		Jun. 05, 2025
Principal/ Number of Shares		2,857,188
Cost		$ 2,810,388
Fair Value		$ 2,835,759
November Thirty Two Thousand Twenty Two [Member] | 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)		9.74%
Maturity Date		Apr. 28, 2028
Principal/ Number of Shares		2,972,475
Cost		$ 2,905,470
Fair Value		$ 2,784,228
November Thirty Two Thousand Twenty Two [Member] | 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)		5.82%
Maturity Date		Aug. 29, 2025
Principal/ Number of Shares		1,317,074
Cost		$ 1,317,074
Fair Value		$ 1,298,306
November Thirty Two Thousand Twenty Two [Member] | 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)		8.57%
Maturity Date		Feb. 28, 2025
Principal/ Number of Shares		3,365,714
Cost		$ 3,348,141
Fair Value		$ 3,155,357
November Thirty Two Thousand Twenty Two [Member] | 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		1M USD LIBOR+
Reference Spread		4.75%
LIBOR Floor		0.50%
Current Rate (All In)		8.82%
Maturity Date		Jul. 28, 2028
Principal/ Number of Shares		1,980,000
Cost		$ 1,962,386
Fair Value		$ 1,887,930
November Thirty Two Thousand Twenty Two [Member] | 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)		8.07%
Maturity Date		Dec. 18, 2028
Principal/ Number of Shares		497,500
Cost		$ 494,466
Fair Value		$ 446,506
November Thirty Two Thousand Twenty Two [Member] | 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)		7.96%
Maturity Date		Dec. 22, 2027
Principal/ Number of Shares		986,266
Cost		$ 983,493
Fair Value		$ 922,158
November Thirty Two Thousand Twenty Two [Member] | 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)		6.17%
Maturity Date		Mar. 01, 2026
Principal/ Number of Shares		3,271,171
Cost		$ 3,259,083
Fair Value		$ 3,219,388
November Thirty Two Thousand Twenty Two [Member] | 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)		7.92%
Maturity Date		Apr. 08, 2028
Principal/ Number of Shares		2,473,712
Cost		$ 2,457,308
Fair Value		$ 1,864,214
November Thirty Two Thousand Twenty Two [Member] | 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)		7.67%
Maturity Date		Aug. 15, 2025
Principal/ Number of Shares		3,772,905
Cost		$ 3,750,698
Fair Value		$ 3,725,744
November Thirty Two Thousand Twenty Two [Member] | 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)		7.69%
Maturity Date		Jan. 28, 2029
Principal/ Number of Shares		248,750
Cost		$ 247,659
Fair Value		$ 240,200
November Thirty Two Thousand Twenty Two [Member] | MPH Acquisition Holdings LLC (Multiplan) [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry		Services: Business
Asset Name		Term Loan B (08/21)
Asset Type		Loan
Reference Rate		3M USD LIBOR+
Reference Spread		4.25%
LIBOR Floor		0.50%
Current Rate (All In)		8.98%
Maturity Date		Sep. 01, 2028
Principal/ Number of Shares		2,000,000
Cost		$ 1,862,500
Fair Value		$ 1,712,500
November Thirty Two Thousand Twenty Two [Member] | 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)		7.07%
Maturity Date		Sep. 20, 2024
Principal/ Number of Shares		349,634
Cost		$ 349,376
Fair Value		$ 342,641
November Thirty Two Thousand Twenty Two [Member] | 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)		7.42%
Maturity Date		Sep. 30, 2024
Principal/ Number of Shares		2,842,097
Cost		$ 2,820,647
Fair Value		$ 2,753,282
November Thirty Two Thousand Twenty Two [Member] | 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)		6.70%
Maturity Date		Nov. 23, 2028
Principal/ Number of Shares		2,977,500
Cost		$ 2,970,919
Fair Value		$ 2,888,175
November Thirty Two Thousand Twenty Two [Member] | 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)		7.63%
Maturity Date		Nov. 14, 2025
Principal/ Number of Shares		3,445,430
Cost		$ 3,426,270
Fair Value		$ 3,393,748
November Thirty Two Thousand Twenty Two [Member] | 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 C 2/21
Asset Type		Loan
Reference Rate		3M USD LIBOR+
Reference Spread		3.75%
LIBOR Floor		0.75%
Current Rate (All In)		7.43%
Maturity Date		Mar. 02, 2028
Principal/ Number of Shares		87,464
Cost		$ 87,115
Fair Value		$ 61,783
November Thirty Two Thousand Twenty Two [Member] | 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 2/21
Asset Type		Loan
Reference Rate		3M USD LIBOR+
Reference Spread		3.75%
LIBOR Floor		0.75%
Current Rate (All In)		7.43%
Maturity Date		Mar. 02, 2028
Principal/ Number of Shares		2,743,005
Cost		$ 2,733,886
Fair Value		$ 1,937,631
November Thirty Two Thousand Twenty Two [Member] | 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)		9.94%
Maturity Date		Jul. 13, 2027
Principal/ Number of Shares		3,675,283
Cost		$ 3,674,288
Fair Value		$ 3,418,013
November Thirty Two Thousand Twenty Two [Member] | 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)		6.57%
Maturity Date		Sep. 18, 2026
Principal/ Number of Shares		724,176
Cost		$ 718,378
Fair Value		$ 717,687
November Thirty Two Thousand Twenty Two [Member] | 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)		9.32%
Maturity Date		Aug. 09, 2024
Principal/ Number of Shares		1,687,840
Cost		$ 1,681,956
Fair Value		$ 1,384,029
November Thirty Two Thousand Twenty Two [Member] | NorthPole Newco S.a.r.l [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	[2]	Aerospace & Defense
Asset Name	[2]	Term Loan
Asset Type	[2]	Loan
Reference Rate	[2]	Prime
Reference Spread	[2]	7%
LIBOR Floor	[2]	0%
Current Rate (All In)	[2]	14%
Maturity Date	[2]	Mar. 03, 2025
Principal/ Number of Shares	[2]	5,348,887
Cost	[2]	$ 5,097,117
Fair Value	[2]	$ 414,539
November Thirty Two Thousand Twenty Two [Member] | 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)		6.19%
Maturity Date		Sep. 12, 2029
Principal/ Number of Shares		1,500,000
Cost		$ 1,492,952
Fair Value		$ 1,473,120
November Thirty Two Thousand Twenty Two [Member] | Novae LLC [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)		9.20%
Maturity Date		Dec. 22, 2028
Principal/ Number of Shares		1,990,000
Cost		$ 1,976,544
Fair Value		$ 1,791,000
November Thirty Two Thousand Twenty Two [Member] | 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)		6.57%
Maturity Date		Sep. 29, 2025
Principal/ Number of Shares		2,221,875
Cost		$ 2,218,228
Fair Value		$ 2,182,992
November Thirty Two Thousand Twenty Two [Member] | 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		1M USD SOFR+
Reference Spread		3.50%
LIBOR Floor		0.50%
Current Rate (All In)		7.62%
Maturity Date		Feb. 23, 2029
Principal/ Number of Shares		995,000
Cost		$ 992,800
Fair Value		$ 945,250
November Thirty Two Thousand Twenty Two [Member] | Open Text 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		1M USD SOFR+
Reference Spread		3.50%
LIBOR Floor		0.50%
Current Rate (All In)		7.29%
Maturity Date		Nov. 16, 2029
Principal/ Number of Shares		1,500,000
Cost		$ 1,455,000
Fair Value		$ 1,455,630
November Thirty Two Thousand Twenty Two [Member] | 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)		6.19%
Maturity Date		Jun. 02, 2028
Principal/ Number of Shares		2,327,083
Cost		$ 2,317,608
Fair Value		$ 2,301,485
November Thirty Two Thousand Twenty Two [Member] | 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)		7.13%
Maturity Date		Jun. 18, 2025
Principal/ Number of Shares		1,468,700
Cost		$ 1,464,078
Fair Value		$ 1,444,525
November Thirty Two Thousand Twenty Two [Member] | 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		3.25%
LIBOR Floor		0.50%
Current Rate (All In)		7.32%
Maturity Date		Sep. 20, 2028
Principal/ Number of Shares		990,000
Cost		$ 985,784
Fair Value		$ 974,378
November Thirty Two Thousand Twenty Two [Member] | 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)		8.49%
Maturity Date		Jul. 06, 2028
Principal/ Number of Shares		941,176
Cost		$ 933,169
Fair Value		$ 785,882
November Thirty Two Thousand Twenty Two [Member] | 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		4.25%
LIBOR Floor		0.50%
Current Rate (All In)		8.66%
Maturity Date		Jan. 07, 2028
Principal/ Number of Shares		493,750
Cost		$ 490,951
Fair Value		$ 443,550
November Thirty Two Thousand Twenty Two [Member] | 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)		9.96%
Maturity Date		Aug. 01, 2029
Principal/ Number of Shares		2,000,000
Cost		$ 1,649,490
Fair Value		$ 1,595,000
November Thirty Two Thousand Twenty Two [Member] | 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)		7.42%
Maturity Date		Mar. 30, 2027
Principal/ Number of Shares		487,750
Cost		$ 480,036
Fair Value		$ 427,654
November Thirty Two Thousand Twenty Two [Member] | 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)		6.57%
Maturity Date		May 29, 2026
Principal/ Number of Shares		809,038
Cost		$ 806,747
Fair Value		$ 797,914
November Thirty Two Thousand Twenty Two [Member] | 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		3M USD SOFR+
Reference Spread		3.75%
LIBOR Floor		0.50%
Current Rate (All In)		7.84%
Maturity Date		Feb. 28, 2029
Principal/ Number of Shares		995,000
Cost		$ 992,881
Fair Value		$ 935,300
November Thirty Two Thousand Twenty Two [Member] | 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)		8.32%
Maturity Date		Dec. 15, 2028
Principal/ Number of Shares		99,250
Cost		$ 99,066
Fair Value		$ 80,062
November Thirty Two Thousand Twenty Two [Member] | 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		Term Loan (12/22)
Asset Type		Loan
Reference Rate		1M USD LIBOR+
Reference Spread		3.25%
LIBOR Floor		0.50%
Current Rate (All In)		7.32%
Maturity Date		Dec. 29, 2028
Principal/ Number of Shares		1,296,118
Cost		$ 1,290,361
Fair Value		$ 1,236,173
November Thirty Two Thousand Twenty Two [Member] | PEDIATRIC ASSOCIATES HOLDING COMPANY, LLC One [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	[1]	Healthcare & Pharmaceuticals
Asset Name	[1]	Delayed Draw Term Loan (12/21)
Asset Type	[1]	Loan
Reference Rate	[1]	1M USD LIBOR+
Reference Spread	[1]	3.25%
LIBOR Floor	[1]	0%
Current Rate (All In)	[1]	7.32%
Maturity Date	[1]	Dec. 29, 2028
Principal/ Number of Shares	[1]	98,192
Cost	[1]	$ 98,191
Fair Value	[1]	$ 89,086
November Thirty Two Thousand Twenty Two [Member] | 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)		6.94%
Maturity Date		May 03, 2029
Principal/ Number of Shares		997,500
Cost		$ 992,732
Fair Value		$ 982,538
November Thirty Two Thousand Twenty Two [Member] | 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)		7.82%
Maturity Date		Feb. 01, 2028
Principal/ Number of Shares		5,320,330
Cost		$ 5,302,168
Fair Value		$ 5,187,322
November Thirty Two Thousand Twenty Two [Member] | 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)		7.83%
Maturity Date		Dec. 23, 2028
Principal/ Number of Shares		1,990,000
Cost		$ 1,972,070
Fair Value		$ 1,906,679
November Thirty Two Thousand Twenty Two [Member] | 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)		7.59%
Maturity Date		Jan. 21, 2028
Principal/ Number of Shares		500,000
Cost		$ 487,996
Fair Value		$ 493,440
November Thirty Two Thousand Twenty Two [Member] | 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)		8.08%
Maturity Date		Mar. 17, 2028
Principal/ Number of Shares		3,949,950
Cost		$ 3,923,336
Fair Value		$ 3,485,830
November Thirty Two Thousand Twenty Two [Member] | 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)		6.63%
Maturity Date		Dec. 01, 2028
Principal/ Number of Shares		1,926,176
Cost		$ 1,917,700
Fair Value		$ 1,894,876
November Thirty Two Thousand Twenty Two [Member] | 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)		6.82%
Maturity Date		Mar. 13, 2028
Principal/ Number of Shares		4,432,500
Cost		$ 4,424,551
Fair Value		$ 4,314,773
November Thirty Two Thousand Twenty Two [Member] | 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)		8.49%
Maturity Date		Apr. 21, 2029
Principal/ Number of Shares		2,000,000
Cost		$ 1,990,654
Fair Value		$ 1,675,460
November Thirty Two Thousand Twenty Two [Member] | 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		492,500
Cost		$ 490,628
Fair Value		$ 483,881
November Thirty Two Thousand Twenty Two [Member] | 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)		8.82%
Maturity Date		Feb. 12, 2028
Principal/ Number of Shares		5,417,500
Cost		$ 5,370,088
Fair Value		$ 4,984,100
November Thirty Two Thousand Twenty Two [Member] | 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)		7.82%
Maturity Date		Dec. 15, 2028
Principal/ Number of Shares		2,985,000
Cost		$ 2,963,044
Fair Value		$ 2,875,540
November Thirty Two Thousand Twenty Two [Member] | 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)		7.58%
Maturity Date		Jan. 22, 2027
Principal/ Number of Shares		488,750
Cost		$ 488,069
Fair Value		$ 482,030
November Thirty Two Thousand Twenty Two [Member] | 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		3M USD LIBOR+
Reference Spread		2.75%
LIBOR Floor		0.75%
Current Rate (All In)		6.50%
Maturity Date		Sep. 23, 2026
Principal/ Number of Shares		3,529,426
Cost		$ 3,529,238
Fair Value		$ 3,476,061
November Thirty Two Thousand Twenty Two [Member] | 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		1M USD LIBOR+
Reference Spread		5.75%
LIBOR Floor		1%
Current Rate (All In)		9.82%
Maturity Date		Apr. 27, 2027
Principal/ Number of Shares		2,962,500
Cost		$ 2,938,467
Fair Value		$ 2,932,875
November Thirty Two Thousand Twenty Two [Member] | 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)		6.99%
Maturity Date		Dec. 28, 2027
Principal/ Number of Shares		492,496
Cost		$ 490,547
Fair Value		$ 426,625
November Thirty Two Thousand Twenty Two [Member] | 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		6M USD SOFR+
Reference Spread		5.25%
LIBOR Floor		0.50%
Current Rate (All In)		9.80%
Maturity Date		Jul. 20, 2029
Principal/ Number of Shares		1,000,000
Cost		$ 932,616
Fair Value		$ 898,130
November Thirty Two Thousand Twenty Two [Member] | 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)		6.75%
Maturity Date		Jan. 29, 2025
Principal/ Number of Shares		477,675
Cost		$ 476,864
Fair Value		$ 430,505
November Thirty Two Thousand Twenty Two [Member] | 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)		7.57%
Maturity Date		Feb. 12, 2027
Principal/ Number of Shares		481,363
Cost		$ 479,824
Fair Value		$ 411,565
November Thirty Two Thousand Twenty Two [Member] | 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)		8.49%
Maturity Date		Feb. 01, 2029
Principal/ Number of Shares		1,995,000
Cost		$ 1,977,057
Fair Value		$ 1,508,100
November Thirty Two Thousand Twenty Two [Member] | 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		3M USD LIBOR+
Reference Spread		2.75%
LIBOR Floor		0.75%
Current Rate (All In)		7.38%
Maturity Date		Feb. 15, 2028
Principal/ Number of Shares		2,982,393
Cost		$ 2,886,345
Fair Value		$ 1,996,145
November Thirty Two Thousand Twenty Two [Member] | 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)		7.07%
Maturity Date		Apr. 24, 2028
Principal/ Number of Shares		990,000
Cost		$ 988,102
Fair Value		$ 946,074
November Thirty Two Thousand Twenty Two [Member] | 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)		7.32%
Maturity Date		May 30, 2025
Principal/ Number of Shares		2,946,065
Cost		$ 2,927,716
Fair Value		$ 2,817,174
November Thirty Two Thousand Twenty Two [Member] | 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)		7.69%
Maturity Date		Feb. 17, 2028
Principal/ Number of Shares		1,981,184
Cost		$ 1,937,632
Fair Value		$ 1,899,460
November Thirty Two Thousand Twenty Two [Member] | 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		4,309,446
Cost		$ 4,253,234
Fair Value		$ 3,724,094
November Thirty Two Thousand Twenty Two [Member] | 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		3M USD LIBOR+
Reference Spread		2.25%
LIBOR Floor		0.50%
Current Rate (All In)		6.88%
Maturity Date		Feb. 11, 2028
Principal/ Number of Shares		1,477,500
Cost		$ 1,475,275
Fair Value		$ 1,445,187
November Thirty Two Thousand Twenty Two [Member] | 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)		7.92%
Maturity Date		Apr. 30, 2024
Principal/ Number of Shares		3,050,137
Cost		$ 3,045,658
Fair Value		$ 2,539,239
November Thirty Two Thousand Twenty Two [Member] | 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)		6.57%
Maturity Date		Oct. 20, 2028
Principal/ Number of Shares		3,471,203
Cost		$ 3,464,339
Fair Value		$ 3,262,931
November Thirty Two Thousand Twenty Two [Member] | 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)		5.82%
Maturity Date		Jan. 29, 2027
Principal/ Number of Shares		1,280,682
Cost		$ 1,279,978
Fair Value		$ 1,265,032
November Thirty Two Thousand Twenty Two [Member] | 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)		7.32%
Maturity Date		Feb. 05, 2026
Principal/ Number of Shares		3,438,750
Cost		$ 3,425,975
Fair Value		$ 3,385,312
November Thirty Two Thousand Twenty Two [Member] | 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)		8.32%
Maturity Date		Nov. 28, 2025
Principal/ Number of Shares		2,882,785
Cost		$ 2,876,646
Fair Value		$ 2,774,680
November Thirty Two Thousand Twenty Two [Member] | 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		1M USD LIBOR+
Reference Spread		3.50%
LIBOR Floor		1%
Current Rate (All In)		7.57%
Maturity Date		Jun. 02, 2025
Principal/ Number of Shares		5,590,662
Cost		$ 5,561,436
Fair Value		$ 5,241,245
November Thirty Two Thousand Twenty Two [Member] | 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)		7.76%
Maturity Date		Feb. 08, 2028
Principal/ Number of Shares		2,965,100
Cost		$ 2,917,914
Fair Value		$ 2,683,415
November Thirty Two Thousand Twenty Two [Member] | 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)		7.19%
Maturity Date		Sep. 01, 2027
Principal/ Number of Shares		1,482,405
Cost		$ 1,470,362
Fair Value		$ 1,470,916
November Thirty Two Thousand Twenty Two [Member] | 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		1M USD LIBOR+
Reference Spread		5%
LIBOR Floor		0.50%
Current Rate (All In)		8.88%
Maturity Date		Mar. 10, 2028
Principal/ Number of Shares		2,464,975
Cost		$ 2,414,138
Fair Value		$ 2,239,011
November Thirty Two Thousand Twenty Two [Member] | 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)		6.33%
Maturity Date		Jul. 05, 2024
Principal/ Number of Shares		740,909
Cost		$ 739,836
Fair Value		$ 735,967
November Thirty Two Thousand Twenty Two [Member] | 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)		7.07%
Maturity Date		Apr. 25, 2025
Principal/ Number of Shares		930,018
Cost		$ 915,255
Fair Value		$ 918,393
November Thirty Two Thousand Twenty Two [Member] | 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)		7.88%
Maturity Date		Apr. 20, 2028
Principal/ Number of Shares		2,962,500
Cost		$ 2,948,735
Fair Value		$ 2,762,531
November Thirty Two Thousand Twenty Two [Member] | 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)		7.10%
Maturity Date		Apr. 04, 2029
Principal/ Number of Shares		500,000
Cost		$ 498,841
Fair Value		$ 476,875
November Thirty Two Thousand Twenty Two [Member] | 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)		5.67%
Maturity Date		Nov. 02, 2028
Principal/ Number of Shares		1,000,000
Cost		$ 997,801
Fair Value		$ 986,460
November Thirty Two Thousand Twenty Two [Member] | 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%
LIBOR Floor		0.50%
Current Rate (All In)		5.88%
Maturity Date		Jun. 16, 2028
Principal/ Number of Shares		495,000
Cost		$ 492,934
Fair Value		$ 488,402
November Thirty Two Thousand Twenty Two [Member] | 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		1M USD LIBOR+
Reference Spread		3.75%
LIBOR Floor		0.50%
Current Rate (All In)		7.83%
Maturity Date		Aug. 28, 2028
Principal/ Number of Shares		1,980,000
Cost		$ 1,971,561
Fair Value		$ 1,959,368
November Thirty Two Thousand Twenty Two [Member] | 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)		6.08%
Maturity Date		Mar. 18, 2028
Principal/ Number of Shares		779,831
Cost		$ 778,270
Fair Value		$ 771,386
November Thirty Two Thousand Twenty Two [Member] | 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		3M USD LIBOR+
Reference Spread		2.50%
LIBOR Floor		0%
Current Rate (All In)		6.91%
Maturity Date		Jan. 23, 2025
Principal/ Number of Shares		486,250
Cost		$ 486,250
Fair Value		$ 468,930
November Thirty Two Thousand Twenty Two [Member] | Solis IV B.V. [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
Asset Type		Loan
Reference Rate		3M USD SOFR+
Reference Spread		3.50%
LIBOR Floor		0.50%
Current Rate (All In)		7.86%
Maturity Date		Feb. 26, 2029
Principal/ Number of Shares		2,000,000
Cost		$ 1,721,336
Fair Value		$ 1,741,080
November Thirty Two Thousand Twenty Two [Member] | 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)		8.58%
Maturity Date		Jan. 15, 2027
Principal/ Number of Shares		3,231,926
Cost		$ 3,189,216
Fair Value		$ 3,146,409
November Thirty Two Thousand Twenty Two [Member] | 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)		7.05%
Maturity Date		Aug. 02, 2028
Principal/ Number of Shares		1,985,000
Cost		$ 1,976,688
Fair Value		$ 1,922,473
November Thirty Two Thousand Twenty Two [Member] | 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)		8%
Maturity Date		Mar. 31, 2028
Principal/ Number of Shares		1,980,000
Cost		$ 1,964,131
Fair Value		$ 1,816,650
November Thirty Two Thousand Twenty Two [Member] | 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		3M USD LIBOR+
Reference Spread		2%
LIBOR Floor		0.50%
Current Rate (All In)		6.42%
Maturity Date		Mar. 03, 2028
Principal/ Number of Shares		492,500
Cost		$ 491,539
Fair Value		$ 479,572
November Thirty Two Thousand Twenty Two [Member] | 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)		7.14%
Maturity Date		Mar. 04, 2028
Principal/ Number of Shares		2,947,500
Cost		$ 2,933,856
Fair Value		$ 2,629,406
November Thirty Two Thousand Twenty Two [Member] | Spirit Aerosystems Inc. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry		Aerospace & Defense
Asset Name		Term Loan (11/22)
Asset Type		Loan
Reference Rate		1M USD SOFR+
Reference Spread		4.50%
LIBOR Floor		0.50%
Current Rate (All In)		6.80%
Maturity Date		Nov. 07, 2027
Principal/ Number of Shares		500,000
Cost		$ 485,000
Fair Value		$ 493,335
November Thirty Two Thousand Twenty Two [Member] | 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)		6.82%
Maturity Date		May 12, 2028
Principal/ Number of Shares		3,000,000
Cost		$ 2,995,894
Fair Value		$ 2,936,250
November Thirty Two Thousand Twenty Two [Member] | 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 B4
Asset Type		Loan
Reference Rate		1M USD LIBOR+
Reference Spread		1.75%
LIBOR Floor		0%
Current Rate (All In)		5.82%
Maturity Date		Apr. 16, 2025
Principal/ Number of Shares		153,114
Cost		$ 152,984
Fair Value		$ 150,179
November Thirty Two Thousand Twenty Two [Member] | 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 B-5
Asset Type		Loan
Reference Rate		1M USD LIBOR+
Reference Spread		1.75%
LIBOR Floor		0%
Current Rate (All In)		5.82%
Maturity Date		Apr. 16, 2025
Principal/ Number of Shares		473,700
Cost		$ 473,211
Fair Value		$ 464,491
November Thirty Two Thousand Twenty Two [Member] | 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 B3
Asset Type		Loan
Reference Rate		1M USD LIBOR+
Reference Spread		1.75%
LIBOR Floor		0%
Current Rate (All In)		5.82%
Maturity Date		Apr. 16, 2025
Principal/ Number of Shares		183,262
Cost		$ 183,104
Fair Value		$ 179,749
November Thirty Two Thousand Twenty Two [Member] | STANDARD INDUSTRIES 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		2.25%
LIBOR Floor		0.50%
Current Rate (All In)		6.43%
Maturity Date		Sep. 22, 2028
Principal/ Number of Shares		632,750
Cost		$ 627,463
Fair Value		$ 625,239
November Thirty Two Thousand Twenty Two [Member] | 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)		9.44%
Maturity Date		Apr. 16, 2026
Principal/ Number of Shares		4,352,633
Cost		$ 4,251,014
Fair Value		$ 3,874,279
November Thirty Two Thousand Twenty Two [Member] | 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)		5.89%
Maturity Date		Jul. 21, 2026
Principal/ Number of Shares		1,980,000
Cost		$ 1,976,516
Fair Value		$ 1,953,052
November Thirty Two Thousand Twenty Two [Member] | 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)		7.59%
Maturity Date		Apr. 17, 2028
Principal/ Number of Shares		496,250
Cost		$ 495,321
Fair Value		$ 472,991
November Thirty Two Thousand Twenty Two [Member] | 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)		7.82%
Maturity Date		Dec. 01, 2028
Principal/ Number of Shares		992,500
Cost		$ 983,754
Fair Value		$ 967,688
November Thirty Two Thousand Twenty Two [Member] | 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)		8.36%
Maturity Date		Apr. 24, 2028
Principal/ Number of Shares		2,476,241
Cost		$ 2,475,172
Fair Value		$ 2,033,613
November Thirty Two Thousand Twenty Two [Member] | 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		6M USD SOFR+
Reference Spread		5%
LIBOR Floor		0.50%
Current Rate (All In)		8.98%
Maturity Date		Apr. 02, 2029
Principal/ Number of Shares		1,000,000
Cost		$ 990,510
Fair Value		$ 972,500
November Thirty Two Thousand Twenty Two [Member] | 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		3M USD LIBOR+
Reference Spread		2.75%
LIBOR Floor		0.50%
Current Rate (All In)		7.16%
Maturity Date		Jul. 07, 2028
Principal/ Number of Shares		992,500
Cost		$ 990,345
Fair Value		$ 962,725
November Thirty Two Thousand Twenty Two [Member] | 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)		9.44%
Maturity Date		Jul. 15, 2025
Principal/ Number of Shares		4,394,543
Cost		$ 4,336,215
Fair Value		$ 4,200,920
November Thirty Two Thousand Twenty Two [Member] | 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)		8.07%
Maturity Date		Sep. 27, 2024
Principal/ Number of Shares		1,905,000
Cost		$ 1,903,733
Fair Value		$ 1,727,606
November Thirty Two Thousand Twenty Two [Member] | 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 B
Asset Type		Loan
Reference Rate		1M USD SOFR+
Reference Spread		3.25%
LIBOR Floor		0%
Current Rate (All In)		7.31%
Maturity Date		Jan. 18, 2029
Principal/ Number of Shares		248,750
Cost		$ 247,080
Fair Value		$ 244,708
November Thirty Two Thousand Twenty Two [Member] | 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
Asset Type		Loan
Reference Rate		1M USD LIBOR+
Reference Spread		3.25%
LIBOR Floor		0%
Current Rate (All In)		7.29%
Maturity Date		Feb. 06, 2026
Principal/ Number of Shares		965,474
Cost		$ 964,449
Fair Value		$ 951,475
November Thirty Two Thousand Twenty Two [Member] | 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)		8.69%
Maturity Date		Dec. 19, 2025
Principal/ Number of Shares		4,857,621
Cost		$ 4,852,397
Fair Value		$ 4,748,325
November Thirty Two Thousand Twenty Two [Member] | 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)		7.13%
Maturity Date		Feb. 01, 2026
Principal/ Number of Shares		2,062,565
Cost		$ 2,033,826
Fair Value		$ 2,041,939
November Thirty Two Thousand Twenty Two [Member] | 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		3.25%
LIBOR Floor		0.50%
Current Rate (All In)		7.32%
Maturity Date		Apr. 15, 2028
Principal/ Number of Shares		1,332,585
Cost		$ 1,231,826
Fair Value		$ 1,236,532
November Thirty Two Thousand Twenty Two [Member] | 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)		7.70%
Maturity Date		Aug. 18, 2027
Principal/ Number of Shares		491,250
Cost		$ 486,049
Fair Value		$ 397,913
November Thirty Two Thousand Twenty Two [Member] | 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)		6.32%
Maturity Date		Dec. 01, 2028
Principal/ Number of Shares		863,468
Cost		$ 861,596
Fair Value		$ 848,141
November Thirty Two Thousand Twenty Two [Member] | 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		3M USD LIBOR+
Reference Spread		2.25%
LIBOR Floor		0%
Current Rate (All In)		5.92%
Maturity Date		Aug. 22, 2024
Principal/ Number of Shares		1,993,370
Cost		$ 1,990,733
Fair Value		$ 1,983,582
November Thirty Two Thousand Twenty Two [Member] | 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)		7.17%
Maturity Date		Mar. 31, 2028
Principal/ Number of Shares		1,481,252
Cost		$ 1,475,215
Fair Value		$ 1,362,751
November Thirty Two Thousand Twenty Two [Member] | 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)		6.32%
Maturity Date		Mar. 10, 2028
Principal/ Number of Shares		346,923
Cost		$ 346,250
Fair Value		$ 334,077
November Thirty Two Thousand Twenty Two [Member] | 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)		8.07%
Maturity Date		Oct. 29, 2027
Principal/ Number of Shares		956,936
Cost		$ 951,201
Fair Value		$ 850,237
November Thirty Two Thousand Twenty Two [Member] | 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)		8.23%
Maturity Date		Feb. 25, 2027
Principal/ Number of Shares		3,916,693
Cost		$ 3,883,352
Fair Value		$ 3,900,792
November Thirty Two Thousand Twenty Two [Member] | 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)		7.82%
Maturity Date		Aug. 27, 2025
Principal/ Number of Shares		826,588
Cost		$ 823,809
Fair Value		$ 818,669
November Thirty Two Thousand Twenty Two [Member] | 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)		7.75%
Maturity Date		Jul. 31, 2026
Principal/ Number of Shares		496,815
Cost		$ 475,129
Fair Value		$ 478,805
November Thirty Two Thousand Twenty Two [Member] | 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)		7.45%
Maturity Date		Oct. 22, 2025
Principal/ Number of Shares		1,289,967
Cost		$ 1,249,790
Fair Value		$ 1,282,524
November Thirty Two Thousand Twenty Two [Member] | 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)		10.48%
Maturity Date		Sep. 01, 2024
Principal/ Number of Shares		897,096
Cost		$ 893,251
Fair Value		$ 540,222
November Thirty Two Thousand Twenty Two [Member] | 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)		7.32%
Maturity Date		Mar. 15, 2026
Principal/ Number of Shares		2,452,858
Cost		$ 2,447,168
Fair Value		$ 2,406,867
November Thirty Two Thousand Twenty Two [Member] | 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)		7.79%
Maturity Date		Jun. 25, 2029
Principal/ Number of Shares		249,375
Cost		$ 242,238
Fair Value		$ 245,634
November Thirty Two Thousand Twenty Two [Member] | 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 SOFR+
Reference Spread		3%
LIBOR Floor		0%
Current Rate (All In)		7.20%
Maturity Date		Jan. 20, 2028
Principal/ Number of Shares		1,833,129
Cost		$ 1,831,067
Fair Value		$ 1,816,759
November Thirty Two Thousand Twenty Two [Member] | 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)		8.70%
Maturity Date		Jan. 19, 2029
Principal/ Number of Shares		2,348,125
Cost		$ 2,278,466
Fair Value		$ 2,238,068
November Thirty Two Thousand Twenty Two [Member] | Vericast 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
Asset Type		Loan
Reference Rate		1M USD SOFR+
Reference Spread		7.75%
LIBOR Floor		1%
Current Rate (All In)		12.20%
Maturity Date		Jun. 15, 2026
Principal/ Number of Shares		1,201,006
Cost		$ 1,198,561
Fair Value		$ 865,481
November Thirty Two Thousand Twenty Two [Member] | 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)		8.36%
Maturity Date		Aug. 20, 2025
Principal/ Number of Shares		1,371,603
Cost		$ 1,367,428
Fair Value		$ 1,236,377
November Thirty Two Thousand Twenty Two [Member] | 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		3.50%
LIBOR Floor		0.75%
Current Rate (All In)		7.57%
Maturity Date		Dec. 06, 2028
Principal/ Number of Shares		995,000
Cost		$ 990,757
Fair Value		$ 976,095
November Thirty Two Thousand Twenty Two [Member] | 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)		7.01%
Maturity Date		Jan. 12, 2029
Principal/ Number of Shares		3,100,888
Cost		$ 3,093,458
Fair Value		$ 3,007,861
November Thirty Two Thousand Twenty Two [Member] | Viasat Inc [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry		Telecommunications
Asset Name		Term Loan (2/22)
Asset Type		Loan
Reference Rate		1M USD SOFR+
Reference Spread		4.50%
LIBOR Floor		0.50%
Current Rate (All In)		8.70%
Maturity Date		Mar. 02, 2029
Principal/ Number of Shares		2,000,000
Cost		$ 1,952,500
Fair Value		$ 1,938,340
November Thirty Two Thousand Twenty Two [Member] | 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)		6.13%
Maturity Date		Sep. 28, 2028
Principal/ Number of Shares		2,860,909
Cost		$ 2,852,781
Fair Value		$ 2,832,300
November Thirty Two Thousand Twenty Two [Member] | 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)		5.82%
Maturity Date		Dec. 31, 2025
Principal/ Number of Shares		899,555
Cost		$ 899,171
Fair Value		$ 891,585
November Thirty Two Thousand Twenty Two [Member] | Vizient, Inc [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry		Healthcare & Pharmaceuticals
Asset Name		Term Loan 4/22
Asset Type		Loan
Reference Rate		1M USD SOFR+
Reference Spread		2.25%
LIBOR Floor		0.50%
Current Rate (All In)		6.26%
Maturity Date		May 16, 2029
Principal/ Number of Shares		498,750
Cost		$ 494,003
Fair Value		$ 497,628
November Thirty Two Thousand Twenty Two [Member] | 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		2,321,650
Cost		$ 2,318,845
Fair Value		$ 2,301,916
November Thirty Two Thousand Twenty Two [Member] | 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 SOFR+
Reference Spread		6%
LIBOR Floor		1%
Current Rate (All In)		10.09%
Maturity Date		Sep. 09, 2025
Principal/ Number of Shares		472,500
Cost		$ 472,500
Fair Value		$ 432,338
November Thirty Two Thousand Twenty Two [Member] | 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 Incremental (11/22)
Asset Type		Loan
Reference Rate		1M USD SOFR+
Reference Spread		3%
LIBOR Floor		0.50%
Current Rate (All In)		6.74%
Maturity Date		Jan. 19, 2028
Principal/ Number of Shares		500,000
Cost		$ 490,140
Fair Value		$ 495,000
November Thirty Two Thousand Twenty Two [Member] | Warner Music Group Corp. (WMG Acquisition Corp.) One [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)		6.20%
Maturity Date		Jan. 20, 2028
Principal/ Number of Shares		1,250,000
Cost		$ 1,249,790
Fair Value		$ 1,229,163
November Thirty Two Thousand Twenty Two [Member] | 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
Cost		$ 1,433
November Thirty Two Thousand Twenty Two [Member] | 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		3M USD SOFR+
Reference Spread		3.75%
LIBOR Floor		0.50%
Current Rate (All In)		8.15%
Maturity Date		Mar. 02, 2028
Principal/ Number of Shares		2,462,500
Cost		$ 2,452,584
Fair Value		$ 2,369,122
November Thirty Two Thousand Twenty Two [Member] | West 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		3.50%
LIBOR Floor		1%
Current Rate (All In)		7.91%
Maturity Date		Oct. 10, 2024
Principal/ Number of Shares		2,552,943
Cost		$ 2,526,180
Fair Value		$ 2,336,913
November Thirty Two Thousand Twenty Two [Member] | 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 (Olympus Merger)
Asset Type		Loan
Reference Rate		3M USD LIBOR+
Reference Spread		4%
LIBOR Floor		1%
Current Rate (All In)		8.41%
Maturity Date		Oct. 10, 2024
Principal/ Number of Shares		1,066,719
Cost		$ 1,038,809
Fair Value		$ 976,933
November Thirty Two Thousand Twenty Two [Member] | WEX Inc. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [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)		6.32%
Maturity Date		Mar. 31, 2028
Principal/ Number of Shares		2,962,443
Cost		$ 2,952,632
Fair Value		$ 2,922,954
November Thirty Two Thousand Twenty Two [Member] | WildBrain Ltd. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry		Media: Diversified & Production
Asset Name		Term Loan
Asset Type		Loan
Reference Rate		1M USD SOFR+
Reference Spread		4.25%
LIBOR Floor		0.75%
Current Rate (All In)		8.45%
Maturity Date		Mar. 27, 2028
Principal/ Number of Shares		1,970,000
Cost		$ 1,938,530
Fair Value		$ 1,808,302
November Thirty Two Thousand Twenty Two [Member] | WP CITYMD BIDCO LLC [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		3M USD LIBOR+
Reference Spread		3.25%
LIBOR Floor		0.50%
Current Rate (All In)		6.92%
Maturity Date		Dec. 22, 2028
Principal/ Number of Shares		2,386,892
Cost		$ 2,384,404
Fair Value		$ 2,374,218
November Thirty Two Thousand Twenty Two [Member] | Xperi Corporation [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		3.50%
LIBOR Floor		0%
Current Rate (All In)		7.57%
Maturity Date		Jun. 08, 2028
Principal/ Number of Shares		2,636,170
Cost		$ 2,627,091
Fair Value		$ 2,543,904
November Thirty Two Thousand Twenty Two [Member] | Zayo Group, LLC [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry		Telecommunications
Asset Name		Term Loan 4/22
Asset Type		Loan
Reference Rate		1M USD SOFR+
Reference Spread		4.25%
LIBOR Floor		0.50%
Current Rate (All In)		8.34%
Maturity Date		Mar. 09, 2027
Principal/ Number of Shares		995,000
Cost		$ 972,188
Fair Value		$ 773,055
November Thirty Two Thousand Twenty Two [Member] | ZEBRA BUYER (Allspring) 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 4/21
Asset Type		Loan
Reference Rate		3M USD LIBOR+
Reference Spread		3%
LIBOR Floor		0.50%
Current Rate (All In)		6.69%
Maturity Date		Nov. 01, 2028
Principal/ Number of Shares		882,661
Cost		$ 878,966
Fair Value		$ 869,792
November Thirty Two Thousand Twenty Two [Member] | 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 (01/20)
Asset Type		Loan
Reference Rate		3M USD LIBOR+
Reference Spread		2%
LIBOR Floor		0%
Current Rate (All In)		5.60%
Maturity Date		Jan. 25, 2027
Principal/ Number of Shares		963,332
Cost		$ 963,332
Fair Value		$ 938,449
November Thirty Two Thousand Twenty Two [Member] | Zodiac Pool Solutions [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [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)		6.19%
Maturity Date		Jan. 29, 2029
Principal/ Number of Shares		496,250
Cost		$ 495,152
Fair Value		$ 477,431
November Thirty Two Thousand Twenty Two [Member] | 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	[3]	16,640,269
Cost	[3]	$ 16,640,269
Fair Value	[3]	$ 16,640,269
November Thirty Two Thousand Twenty Two [Member] | Cash and Cash Equivalents [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Principal/ Number of Shares		16,640,269
Cost		$ 16,640,269
Fair Value		$ 16,640,269
Match Group, Inc, The [Member] | November Thirty Two Thousand Twenty Two [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		1M USD LIBOR+
Reference Spread		1.75%
LIBOR Floor		0%
Current Rate (All In)		5.65%
Maturity Date		Feb. 15, 2027
Principal/ Number of Shares		250,000
Cost		$ 249,611
Fair Value		$ 244,688
November 30, 2022 [Member] | November Thirty Two Thousand Twenty Two [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry		Aerospace & Defense
Asset Name		Term Loan (6/22)
Asset Type		Loan
Reference Rate		1M USD SOFR+
Reference Spread		4.25%
LIBOR Floor		0.50%
Current Rate (All In)		8.44%
Maturity Date		Jun. 14, 2029
Principal/ Number of Shares		2,000,000
Cost		$ 1,929,241
Fair Value		$ 1,922,180
February Twenty Eight Two Thousand Twenty Two [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Cost			653,022,265
Fair Value			$ 638,963,350
February Twenty Eight Two Thousand Twenty Two [Member] | 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)			2.96%
Maturity Date			Apr. 30, 2025
Principal/ Number of Shares			1,930,276
Cost			$ 1,925,558
Fair Value			$ 1,892,886
February Twenty Eight Two Thousand Twenty Two [Member] | 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			4.50%
LIBOR Floor			0.75%
Current Rate (All In)			5.25%
Maturity Date			Aug. 11, 2028
Principal/ Number of Shares			2,000,000
Cost			$ 1,981,559
Fair Value			$ 1,977,920
February Twenty Eight Two Thousand Twenty Two [Member] | 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)			6.50%
Maturity Date			May 09, 2025
Principal/ Number of Shares			2,737,038
Cost			$ 2,723,587
Fair Value			$ 2,686,403
February Twenty Eight Two Thousand Twenty Two [Member] | 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)			2.88%
Maturity Date			Jan. 04, 2026
Principal/ Number of Shares			1,483,686
Cost			$ 1,476,852
Fair Value			$ 1,470,704
February Twenty Eight Two Thousand Twenty Two [Member] | 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)			3.50%
Maturity Date			Jan. 04, 2026
Principal/ Number of Shares			285,714
Cost			$ 283,586
Fair Value			$ 283,571
February Twenty Eight Two Thousand Twenty Two [Member] | 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)			4.50%
Maturity Date			Oct. 18, 2027
Principal/ Number of Shares			2,985,000
Cost			$ 2,885,411
Fair Value			$ 2,962,135
February Twenty Eight Two Thousand Twenty Two [Member] | 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)			4.50%
Maturity Date			Jan. 18, 2027
Principal/ Number of Shares			1,469,671
Cost			$ 1,464,591
Fair Value			$ 1,460,485
February Twenty Eight Two Thousand Twenty Two [Member] | 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)			5.30%
Maturity Date			Aug. 15, 2025
Principal/ Number of Shares			4,789,642
Cost			$ 4,670,148
Fair Value			$ 4,705,823
February Twenty Eight Two Thousand Twenty Two [Member] | 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)			3.50%
Maturity Date			Mar. 10, 2028
Principal/ Number of Shares			493,763
Cost			$ 490,886
Fair Value			$ 489,442
February Twenty Eight Two Thousand Twenty Two [Member] | 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			1,654,803
Cost			$ 1,640,863
Fair Value			$ 1,644,874
February Twenty Eight Two Thousand Twenty Two [Member] | 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)			3.25%
Maturity Date			Feb. 04, 2028
Principal/ Number of Shares			248,125
Cost			$ 247,608
Fair Value			$ 245,217
February Twenty Eight Two Thousand Twenty Two [Member] | 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			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			2,147,859
Cost			$ 2,130,749
Fair Value			$ 2,110,271
February Twenty Eight Two Thousand Twenty Two [Member] | 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 LIBOR+
Reference Spread			5.50%
LIBOR Floor			0%
Current Rate (All In)			5.72%
Maturity Date			Feb. 10, 2027
Principal/ Number of Shares			4,439,454
Cost			$ 4,407,744
Fair Value			$ 4,412,639
February Twenty Eight Two Thousand Twenty Two [Member] | 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			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			1,995,000
Cost			$ 1,985,516
Fair Value			$ 1,966,412
February Twenty Eight Two Thousand Twenty Two [Member] | 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)			5%
Maturity Date			Apr. 03, 2024
Principal/ Number of Shares			1,223,297
Cost			$ 1,220,031
Fair Value			$ 1,102,497
February Twenty Eight Two Thousand Twenty Two [Member] | 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)			3.25%
Maturity Date			Jan. 29, 2028
Principal/ Number of Shares			496,250
Cost			$ 494,097
Fair Value			$ 485,084
February Twenty Eight Two Thousand Twenty Two [Member] | 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 LIBOR+
Reference Spread			3.75%
LIBOR Floor			0.75%
Current Rate (All In)			4.50%
Maturity Date			Mar. 03, 2028
Principal/ Number of Shares			1,990,000
Cost			$ 1,984,442
Fair Value			$ 1,954,558
February Twenty Eight Two Thousand Twenty Two [Member] | 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)			3%
Maturity Date			Feb. 17, 2028
Principal/ Number of Shares			1,980,006
Cost			$ 1,957,163
Fair Value			$ 1,946,900
February Twenty Eight Two Thousand Twenty Two [Member] | 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)			3.75%
Maturity Date			Dec. 07, 2023
Principal/ Number of Shares			475,113
Cost			$ 474,420
Fair Value			$ 406,882
February Twenty Eight Two Thousand Twenty Two [Member] | Anchor 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 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			987,342
Cost			$ 979,469
Fair Value			$ 972,532
February Twenty Eight Two Thousand Twenty Two [Member] | 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)			6.75%
Maturity Date			Nov. 19, 2027
Principal/ Number of Shares			3,000,000
Cost			$ 2,943,100
Fair Value			$ 3,000,000
February Twenty Eight Two Thousand Twenty Two [Member] | 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 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			1,975,000
Cost			$ 1,947,406
Fair Value			$ 1,965,125
February Twenty Eight Two Thousand Twenty Two [Member] | 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 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			500,000
Cost			$ 493,024
Fair Value			$ 498,125
February Twenty Eight Two Thousand Twenty Two [Member] | 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)			2.71%
Maturity Date			Oct. 01, 2026
Principal/ Number of Shares			1,950,000
Cost			$ 1,942,029
Fair Value			$ 1,927,575
February Twenty Eight Two Thousand Twenty Two [Member] | 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			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			828,378
Cost			$ 821,051
Fair Value			$ 826,655
February Twenty Eight Two Thousand Twenty Two [Member] | 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)			2.86%
Maturity Date			May 15, 2026
Principal/ Number of Shares			2,969,543
Cost			$ 2,937,176
Fair Value			$ 2,887,881
February Twenty Eight Two Thousand Twenty Two [Member] | 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)			4%
Maturity Date			Mar. 06, 2028
Principal/ Number of Shares			992,500
Cost			$ 983,643
Fair Value			$ 982,575
February Twenty Eight Two Thousand Twenty Two [Member] | 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			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			989,796
Cost			$ 989,796
Fair Value			$ 982,066
February Twenty Eight Two Thousand Twenty Two [Member] | 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			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			1,496,250
Cost			$ 1,492,669
Fair Value			$ 1,481,288
February Twenty Eight Two Thousand Twenty Two [Member] | 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)			1.96%
Maturity Date			Jan. 15, 2027
Principal/ Number of Shares			2,331,250
Cost			$ 2,268,549
Fair Value			$ 2,279,776
February Twenty Eight Two Thousand Twenty Two [Member] | 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)			2.71%
Maturity Date			Apr. 01, 2028
Principal/ Number of Shares			1,753,715
Cost			$ 1,746,008
Fair Value			$ 1,743,491
February Twenty Eight Two Thousand Twenty Two [Member] | 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			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			872,611
Cost			$ 868,610
Fair Value			$ 855,526
February Twenty Eight Two Thousand Twenty Two [Member] | 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)			3.75%
Maturity Date			Dec. 06, 2027
Principal/ Number of Shares			1,500,000
Cost			$ 1,490,625
Fair Value			$ 1,473,570
February Twenty Eight Two Thousand Twenty Two [Member] | 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)			4.50%
Maturity Date			Oct. 07, 2028
Principal/ Number of Shares			100,000
Cost			$ 99,530
Fair Value			$ 99,542
February Twenty Eight Two Thousand Twenty Two [Member] | 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)			1.96%
Maturity Date			Sep. 07, 2027
Principal/ Number of Shares			987,500
Cost			$ 983,579
Fair Value			$ 973,458
February Twenty Eight Two Thousand Twenty Two [Member] | 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)			3.71%
Maturity Date			Feb. 12, 2027
Principal/ Number of Shares			1,000,000
Cost			$ 996,250
Fair Value			$ 984,580
February Twenty Eight Two Thousand Twenty Two [Member] | 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)			4%
Maturity Date			Feb. 12, 2027
Principal/ Number of Shares			995,006
Cost			$ 995,006
Fair Value			$ 978,837
February Twenty Eight Two Thousand Twenty Two [Member] | 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)			4%
Maturity Date			Feb. 12, 2027
Principal/ Number of Shares			500,000
Cost			$ 498,811
Fair Value			$ 491,875
February Twenty Eight Two Thousand Twenty Two [Member] | 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			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			3,000,000
Cost			$ 2,971,643
Fair Value			$ 2,968,140
February Twenty Eight Two Thousand Twenty Two [Member] | 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 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			266,824
Cost			$ 266,095
Fair Value			$ 264,767
February Twenty Eight Two Thousand Twenty Two [Member] | 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 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			2,995,112
Cost			$ 2,984,120
Fair Value			$ 2,939,882
February Twenty Eight Two Thousand Twenty Two [Member] | ATHENAHEALTH GROUP INC. [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)			4%
Maturity Date			Feb. 15, 2029
Principal/ Number of Shares			1,282,609
Cost			$ 1,276,322
Fair Value			$ 1,269,462
February Twenty Eight Two Thousand Twenty Two [Member] | ATHENAHEALTH GROUP INC. One [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	[4]		Healthcare & Pharmaceuticals
Asset Name	[4]		Delayed Draw Term Loan (02/22)
Asset Type	[4]		Loan
Reference Rate	[4]
Reference Spread	[4]
LIBOR Floor	[4]
Current Rate (All In)	[4]
Maturity Date	[4]		Feb. 15, 2029
Principal/ Number of Shares	[4]
Cost	[4]
Fair Value	[4]		$ (2,228)
February Twenty Eight Two Thousand Twenty Two [Member] | 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)			4.44%
Maturity Date			Dec. 15, 2027
Principal/ Number of Shares			1,755,766
Cost			$ 1,747,367
Fair Value			$ 1,739,859
February Twenty Eight Two Thousand Twenty Two [Member] | 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)			4.19%
Maturity Date			Dec. 15, 2027
Principal/ Number of Shares			1,000,000
Cost			$ 1,000,000
Fair Value			$ 988,590
February Twenty Eight Two Thousand Twenty Two [Member] | 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)			5.97%
Maturity Date			Jan. 31, 2026
Principal/ Number of Shares			3,405,995
Cost			$ 3,370,219
Fair Value			$ 3,371,935
February Twenty Eight Two Thousand Twenty Two [Member] | 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)			2.50%
Maturity Date			Jan. 15, 2025
Principal/ Number of Shares			1,000,000
Cost			$ 900,020
Fair Value			$ 990,630
February Twenty Eight Two Thousand Twenty Two [Member] | 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 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			495,000
Cost			$ 490,860
Fair Value			$ 491,466
February Twenty Eight Two Thousand Twenty Two [Member] | 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)			6.75%
Maturity Date			Sep. 20, 2027
Principal/ Number of Shares			500,000
Cost			$ 485,751
Fair Value			$ 495,000
February Twenty Eight Two Thousand Twenty Two [Member] | 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)			2.71%
Maturity Date			Oct. 10, 2026
Principal/ Number of Shares			706,458
Cost			$ 701,732
Fair Value			$ 701,605
February Twenty Eight Two Thousand Twenty Two [Member] | 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)			1.96%
Maturity Date			Nov. 19, 2026
Principal/ Number of Shares			1,470,000
Cost			$ 1,438,969
Fair Value			$ 1,440,968
February Twenty Eight Two Thousand Twenty Two [Member] | 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			4.25%
LIBOR Floor			0%
Current Rate (All In)			4.75%
Maturity Date			Feb. 01, 2029
Principal/ Number of Shares			1,000,000
Cost			$ 995,000
Fair Value			$ 992,500
February Twenty Eight Two Thousand Twenty Two [Member] | 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)			4%
Maturity Date			Oct. 14, 2027
Principal/ Number of Shares			1,238,775
Cost			$ 1,225,981
Fair Value			$ 1,222,522
February Twenty Eight Two Thousand Twenty Two [Member] | 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			3.75%
LIBOR Floor			0%
Current Rate (All In)			3.96%
Maturity Date			Apr. 06, 2026
Principal/ Number of Shares			248,092
Cost			$ 247,897
Fair Value			$ 246,851
February Twenty Eight Two Thousand Twenty Two [Member] | 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			2.75%
LIBOR Floor			0.50%
Current Rate (All In)			3.25%
Maturity Date			Apr. 13, 2028
Principal/ Number of Shares			1,985,000
Cost			$ 1,967,341
Fair Value			$ 1,968,247
February Twenty Eight Two Thousand Twenty Two [Member] | 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			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			1,890,909
Cost			$ 1,889,030
Fair Value			$ 1,873,191
February Twenty Eight Two Thousand Twenty Two [Member] | 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 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			989,873
Cost			$ 983,805
Fair Value			$ 967,601
February Twenty Eight Two Thousand Twenty Two [Member] | 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 (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			1,480,053
Cost			$ 1,470,897
Fair Value			$ 1,464,335
February Twenty Eight Two Thousand Twenty Two [Member] | 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)			5%
Maturity Date			May 22, 2024
Principal/ Number of Shares			2,443,339
Cost			$ 2,437,898
Fair Value			$ 2,437,230
February Twenty Eight Two Thousand Twenty Two [Member] | 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)			2.72%
Maturity Date			Mar. 04, 2028
Principal/ Number of Shares			992,500
Cost			$ 990,307
Fair Value			$ 983,200
February Twenty Eight Two Thousand Twenty Two [Member] | 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)			2.21%
Maturity Date			May 24, 2027
Principal/ Number of Shares			1,470,049
Cost			$ 1,461,460
Fair Value			$ 1,442,486
February Twenty Eight Two Thousand Twenty Two [Member] | 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			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			522,846
Cost			$ 522,846
Fair Value			$ 516,310
February Twenty Eight Two Thousand Twenty Two [Member] | 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)			4.47%
Maturity Date			Sep. 05, 2025
Principal/ Number of Shares			967,500
Cost			$ 964,897
Fair Value			$ 959,034
February Twenty Eight Two Thousand Twenty Two [Member] | 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)			3.21%
Maturity Date			Jan. 22, 2027
Principal/ Number of Shares			2,979,108
Cost			$ 2,973,591
Fair Value			$ 2,930,697
February Twenty Eight Two Thousand Twenty Two [Member] | 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)			3.25%
Maturity Date			Aug. 01, 2025
Principal/ Number of Shares			1,477,538
Cost			$ 1,479,743
Fair Value			$ 1,453,528
February Twenty Eight Two Thousand Twenty Two [Member] | 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)			2.36%
Maturity Date			Nov. 01, 2026
Principal/ Number of Shares			1,970,088
Cost			$ 1,958,262
Fair Value			$ 1,946,565
February Twenty Eight Two Thousand Twenty Two [Member] | 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)			4%
Maturity Date			Mar. 31, 2028
Principal/ Number of Shares			2,487,500
Cost			$ 2,465,358
Fair Value			$ 2,475,063
February Twenty Eight Two Thousand Twenty Two [Member] | 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)			4.71%
Maturity Date			Jan. 04, 2026
Principal/ Number of Shares			682,500
Cost			$ 673,958
Fair Value			$ 681,005
February Twenty Eight Two Thousand Twenty Two [Member] | 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			1M USD LIBOR+
Reference Spread			4%
LIBOR Floor			1%
Current Rate (All In)			5%
Maturity Date			Dec. 20, 2023
Principal/ Number of Shares			1,391,125
Cost			$ 1,387,217
Fair Value			$ 1,349,391
February Twenty Eight Two Thousand Twenty Two [Member] | 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			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			1,980,130
Cost			$ 1,968,915
Fair Value			$ 1,934,864
February Twenty Eight Two Thousand Twenty Two [Member] | CBI 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			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			995,000
Cost			$ 992,948
Fair Value			$ 963,906
February Twenty Eight Two Thousand Twenty Two [Member] | 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			2.50%
LIBOR Floor			0.50%
Current Rate (All In)			3%
Maturity Date			Sep. 16, 2028
Principal/ Number of Shares			250,000
Cost			$ 249,432
Fair Value			$ 246,875
February Twenty Eight Two Thousand Twenty Two [Member] | CCI 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 LIBOR+
Reference Spread			3.75%
LIBOR Floor			0.75%
Current Rate (All In)			4.50%
Maturity Date			Dec. 17, 2027
Principal/ Number of Shares			248,125
Cost			$ 246,017
Fair Value			$ 245,257
February Twenty Eight Two Thousand Twenty Two [Member] | 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)			4.50%
Maturity Date			Mar. 05, 2028
Principal/ Number of Shares			992,500
Cost			$ 988,070
Fair Value			$ 986,297
February Twenty Eight Two Thousand Twenty Two [Member] | 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)			5.71%
Maturity Date			Sep. 25, 2025
Principal/ Number of Shares			2,425,000
Cost			$ 2,412,003
Fair Value			$ 2,371,456
February Twenty Eight Two Thousand Twenty Two [Member] | 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)			5.75%
Maturity Date			Jul. 14, 2026
Principal/ Number of Shares			2,992,500
Cost			$ 2,966,179
Fair Value			$ 2,985,019
February Twenty Eight Two Thousand Twenty Two [Member] | 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)			3%
Maturity Date			Aug. 27, 2028
Principal/ Number of Shares			931,998
Cost			$ 923,210
Fair Value			$ 923,647
February Twenty Eight Two Thousand Twenty Two [Member] | 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)			2.46%
Maturity Date			Mar. 15, 2027
Principal/ Number of Shares			3,929,899
Cost			$ 3,924,411
Fair Value			$ 3,823,045
February Twenty Eight Two Thousand Twenty Two [Member] | 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)			1.96%
Maturity Date			Apr. 03, 2025
Principal/ Number of Shares			915,661
Cost			$ 880,331
Fair Value			$ 896,780
February Twenty Eight Two Thousand Twenty Two [Member] | 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)			2.21%
Maturity Date			Mar. 17, 2028
Principal/ Number of Shares			496,250
Cost			$ 495,147
Fair Value			$ 489,427
February Twenty Eight Two Thousand Twenty Two [Member] | 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)			4%
Maturity Date			May 17, 2028
Principal/ Number of Shares			995,000
Cost			$ 986,097
Fair Value			$ 987,538
February Twenty Eight Two Thousand Twenty Two [Member] | 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)			2.69%
Maturity Date			Feb. 02, 2028
Principal/ Number of Shares			4,962,500
Cost			$ 4,957,863
Fair Value			$ 4,911,089
February Twenty Eight Two Thousand Twenty Two [Member] | 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)			3.46%
Maturity Date			Apr. 30, 2026
Principal/ Number of Shares			1,267,812
Cost			$ 1,259,559
Fair Value			$ 1,253,549
February Twenty Eight Two Thousand Twenty Two [Member] | 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)			5%
Maturity Date			Aug. 09, 2026
Principal/ Number of Shares			3,474,709
Cost			$ 3,452,852
Fair Value			$ 3,457,336
February Twenty Eight Two Thousand Twenty Two [Member] | 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			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			925,000
Cost			$ 919,273
Fair Value			$ 811,688
February Twenty Eight Two Thousand Twenty Two [Member] | 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)			3.25%
Maturity Date			May 14, 2028
Principal/ Number of Shares			487,192
Cost			$ 486,099
Fair Value			$ 482,929
February Twenty Eight Two Thousand Twenty Two [Member] | 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)			4.75%
Maturity Date			Oct. 16, 2028
Principal/ Number of Shares			1,000,000
Cost			$ 990,409
Fair Value			$ 990,310
February Twenty Eight Two Thousand Twenty Two [Member] | 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)			4.50%
Maturity Date			Dec. 11, 2026
Principal/ Number of Shares			2,947,500
Cost			$ 2,823,770
Fair Value			$ 2,906,972
February Twenty Eight Two Thousand Twenty Two [Member] | 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)			4.25%
Maturity Date			Oct. 02, 2027
Principal/ Number of Shares			714,005
Cost			$ 705,262
Fair Value			$ 704,187
February Twenty Eight Two Thousand Twenty Two [Member] | 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)			2.44%
Maturity Date			Jan. 31, 2028
Principal/ Number of Shares			4,000,000
Cost			$ 3,986,739
Fair Value			$ 3,914,280
February Twenty Eight Two Thousand Twenty Two [Member] | 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)			4%
Maturity Date			Jun. 02, 2028
Principal/ Number of Shares			2,493,750
Cost			$ 2,482,238
Fair Value			$ 2,459,461
February Twenty Eight Two Thousand Twenty Two [Member] | 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)			2.86%
Maturity Date			Mar. 02, 2027
Principal/ Number of Shares			1,980,000
Cost			$ 1,980,000
Fair Value			$ 1,913,175
February Twenty Eight Two Thousand Twenty Two [Member] | 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%
Maturity Date			Mar. 24, 2028
Principal/ Number of Shares			3,967,481
Cost			$ 3,944,804
Fair Value			$ 3,898,050
February Twenty Eight Two Thousand Twenty Two [Member] | 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			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			1,000,000
Cost			$ 995,000
Fair Value			$ 987,500
February Twenty Eight Two Thousand Twenty Two [Member] | 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			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			497,500
Cost			$ 497,013
Fair Value			$ 495,634
February Twenty Eight Two Thousand Twenty Two [Member] | 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)			5.50%
Maturity Date			Apr. 27, 2027
Principal/ Number of Shares			2,404,110
Cost			$ 2,382,506
Fair Value			$ 2,402,114
February Twenty Eight Two Thousand Twenty Two [Member] | 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)			2.44%
Maturity Date			Jul. 15, 2025
Principal/ Number of Shares			1,934,010
Cost			$ 1,919,923
Fair Value			$ 1,873,263
February Twenty Eight Two Thousand Twenty Two [Member] | 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)			2.44%
Maturity Date			Jan. 15, 2026
Principal/ Number of Shares			485,000
Cost			$ 484,359
Fair Value			$ 469,946
February Twenty Eight Two Thousand Twenty Two [Member] | 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)			2.69%
Maturity Date			Apr. 15, 2027
Principal/ Number of Shares			490,000
Cost			$ 490,000
Fair Value			$ 475,035
February Twenty Eight Two Thousand Twenty Two [Member] | 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)			7%
Maturity Date			Nov. 02, 2027
Principal/ Number of Shares			1,980,000
Cost			$ 1,929,799
Fair Value			$ 1,952,775
February Twenty Eight Two Thousand Twenty Two [Member] | 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)			4.75%
Maturity Date			Mar. 05, 2028
Principal/ Number of Shares			1,488,750
Cost			$ 1,482,131
Fair Value			$ 1,473,863
February Twenty Eight Two Thousand Twenty Two [Member] | 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			1M USD LIBOR+
Reference Spread			4%
LIBOR Floor			0%
Current Rate (All In)			4.21%
Maturity Date			Oct. 16, 2026
Principal/ Number of Shares			1,484,887
Cost			$ 1,484,887
Fair Value			$ 1,477,046
February Twenty Eight Two Thousand Twenty Two [Member] | 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)			2.46%
Maturity Date			Mar. 31, 2025
Principal/ Number of Shares			6,315,361
Cost			$ 6,274,862
Fair Value			$ 6,148,699
February Twenty Eight Two Thousand Twenty Two [Member] | 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)			4.25%
Maturity Date			Oct. 04, 2028
Principal/ Number of Shares			840,000
Cost			$ 836,119
Fair Value			$ 828,450
February Twenty Eight Two Thousand Twenty Two [Member] | Diamond Sports Group, LLC [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	[5]		Media: Broadcasting & Subscription
Asset Name	[5]		Term Loan
Asset Type	[5]		Loan
Reference Rate	[5]		Prime+
Reference Spread	[5]		2.25%
LIBOR Floor	[5]		0%
Current Rate (All In)	[5]		5.50%
Maturity Date	[5]		Aug. 24, 2026
Principal/ Number of Shares	[5]		3,408,970
Cost	[5]		$ 2,964,398
Fair Value	[5]		$ 1,264,728
February Twenty Eight Two Thousand Twenty Two [Member] | 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			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			3,910,000
Cost			$ 3,874,543
Fair Value			$ 3,896,823
February Twenty Eight Two Thousand Twenty Two [Member] | 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)			5%
Maturity Date			Mar. 25, 2028
Principal/ Number of Shares			497,500
Cost			$ 493,121
Fair Value			$ 493,769
February Twenty Eight Two Thousand Twenty Two [Member] | 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)			6.25%
Maturity Date			Nov. 30, 2028
Principal/ Number of Shares			840,645
Cost			$ 832,557
Fair Value			$ 837,140
February Twenty Eight Two Thousand Twenty Two [Member] | 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)			5.75%
Maturity Date			Dec. 15, 2028
Principal/ Number of Shares			3,000,000
Cost			$ 2,970,701
Fair Value			$ 2,944,500
February Twenty Eight Two Thousand Twenty Two [Member] | 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)			3.96%
Maturity Date			Mar. 01, 2028
Principal/ Number of Shares			6,500,000
Cost			$ 6,454,552
Fair Value			$ 6,467,500
February Twenty Eight Two Thousand Twenty Two [Member] | 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)			2.96%
Maturity Date			Aug. 21, 2025
Principal/ Number of Shares			3,876,012
Cost			$ 3,865,362
Fair Value			$ 3,838,880
February Twenty Eight Two Thousand Twenty Two [Member] | 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			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			1,000,000
Cost			$ 995,320
Fair Value			$ 989,250
February Twenty Eight Two Thousand Twenty Two [Member] | 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			3.75%
LIBOR Floor			0.50%
Current Rate (All In)			4.25%
Maturity Date			Nov. 23, 2028
Principal/ Number of Shares			2,000,000
Cost			$ 1,995,444
Fair Value			$ 1,978,500
February Twenty Eight Two Thousand Twenty Two [Member] | 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)			4.25%
Maturity Date			Apr. 07, 2028
Principal/ Number of Shares			2,210,766
Cost			$ 2,203,181
Fair Value			$ 2,190,603
February Twenty Eight Two Thousand Twenty Two [Member] | 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)			4.46%
Maturity Date			Jun. 26, 2025
Principal/ Number of Shares			1,903,934
Cost			$ 1,903,934
Fair Value			$ 1,874,575
February Twenty Eight Two Thousand Twenty Two [Member] | 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			3.25%
LIBOR Floor			0.50%
Current Rate (All In)			3.75%
Maturity Date			Nov. 01, 2028
Principal/ Number of Shares			500,000
Cost			$ 497,610
Fair Value			$ 494,455
February Twenty Eight Two Thousand Twenty Two [Member] | 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)			6.71%
Maturity Date			Dec. 14, 2025
Principal/ Number of Shares			2,341,935
Cost			$ 2,266,272
Fair Value			$ 2,334,137
February Twenty Eight Two Thousand Twenty Two [Member] | 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)			3.50%
Maturity Date			Jan. 26, 2029
Principal/ Number of Shares			750,000
Cost			$ 746,250
Fair Value			$ 742,688
February Twenty Eight Two Thousand Twenty Two [Member] | 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			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			2,347,110
Cost			$ 2,338,792
Fair Value			$ 2,264,421
February Twenty Eight Two Thousand Twenty Two [Member] | 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			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			2,487,500
Cost			$ 2,476,721
Fair Value			$ 2,394,219
February Twenty Eight Two Thousand Twenty Two [Member] | 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)			5%
Maturity Date			Dec. 11, 2028
Principal/ Number of Shares			500,000
Cost			$ 495,392
Fair Value			$ 497,085
February Twenty Eight Two Thousand Twenty Two [Member] | 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)			3.97%
Maturity Date			Feb. 18, 2027
Principal/ Number of Shares			1,967,959
Cost			$ 1,967,595
Fair Value			$ 1,945,820
February Twenty Eight Two Thousand Twenty Two [Member] | 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)			2.71%
Maturity Date			Jun. 27, 2025
Principal/ Number of Shares			3,793,978
Cost			$ 3,787,136
Fair Value			$ 3,743,708
February Twenty Eight Two Thousand Twenty Two [Member] | 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			3M USD LIBOR+
Reference Spread			5%
LIBOR Floor			1%
Current Rate (All In)			6%
Maturity Date			Mar. 30, 2027
Principal/ Number of Shares			4,962,500
Cost			$ 4,891,260
Fair Value			$ 4,925,281
February Twenty Eight Two Thousand Twenty Two [Member] | 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)			2.72%
Maturity Date			Feb. 01, 2027
Principal/ Number of Shares			5,200,639
Cost			$ 5,184,839
Fair Value			$ 5,109,628
February Twenty Eight Two Thousand Twenty Two [Member] | 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)			3.50%
Maturity Date			Jul. 21, 2028
Principal/ Number of Shares			730,392
Cost			$ 725,495
Fair Value			$ 719,663
February Twenty Eight Two Thousand Twenty Two [Member] | 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)			3.50%
Maturity Date			Jul. 21, 2028
Principal/ Number of Shares			269,608
Cost			$ 267,800
Fair Value			$ 265,647
February Twenty Eight Two Thousand Twenty Two [Member] | 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			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			1,330,058
Cost			$ 1,325,610
Fair Value			$ 1,235,292
February Twenty Eight Two Thousand Twenty Two [Member] | 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)			2.21%
Maturity Date			Jul. 03, 2024
Principal/ Number of Shares			494,872
Cost			$ 494,493
Fair Value			$ 488,122
February Twenty Eight Two Thousand Twenty Two [Member] | 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)			5.50%
Maturity Date			Mar. 10, 2026
Principal/ Number of Shares			815,445
Cost			$ 808,696
Fair Value			$ 813,406
February Twenty Eight Two Thousand Twenty Two [Member] | 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)			2.50%
Maturity Date			Aug. 01, 2025
Principal/ Number of Shares			4,353,736
Cost			$ 4,335,125
Fair Value			$ 4,310,199
February Twenty Eight Two Thousand Twenty Two [Member] | 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)			2.46%
Maturity Date			Jan. 29, 2027
Principal/ Number of Shares			1,970,000
Cost			$ 1,966,736
Fair Value			$ 1,927,428
February Twenty Eight Two Thousand Twenty Two [Member] | 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)			3.75%
Maturity Date			Apr. 28, 2028
Principal/ Number of Shares			1,496,250
Cost			$ 1,489,649
Fair Value			$ 1,470,066
February Twenty Eight Two Thousand Twenty Two [Member] | 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)			3.50%
Maturity Date			Dec. 31, 2027
Principal/ Number of Shares			2,392,656
Cost			$ 2,376,261
Fair Value			$ 2,370,715
February Twenty Eight Two Thousand Twenty Two [Member] | General Nutrition Centers, Inc. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	[6]		Retail
Asset Name	[6]		Second Lien Term Loan
Asset Type	[6]		Loan
Reference Rate	[6]		1M USD LIBOR+
Reference Spread	[6]		6%
LIBOR Floor	[6]		0%
Current Rate (All In)	[6]		6.11%
Maturity Date	[6]		Oct. 07, 2026
Principal/ Number of Shares	[6]		376,605
Cost	[6]		$ 376,605
Fair Value	[6]		$ 351,342
February Twenty Eight Two Thousand Twenty Two [Member] | 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)			2.22%
Maturity Date			Dec. 30, 2026
Principal/ Number of Shares			1,473,750
Cost			$ 1,468,685
Fair Value			$ 1,451,305
February Twenty Eight Two Thousand Twenty Two [Member] | 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)			2.71%
Maturity Date			Aug. 27, 2025
Principal/ Number of Shares			3,775,280
Cost			$ 3,197,869
Fair Value			$ 3,684,031
February Twenty Eight Two Thousand Twenty Two [Member] | 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			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			4,938,649
Cost			$ 4,748,435
Fair Value			$ 4,788,959
February Twenty Eight Two Thousand Twenty Two [Member] | 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)			2.21%
Maturity Date			Aug. 10, 2027
Principal/ Number of Shares			1,979,899
Cost			$ 1,979,899
Fair Value			$ 1,948,657
February Twenty Eight Two Thousand Twenty Two [Member] | 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)			6%
Maturity Date			Nov. 23, 2027
Principal/ Number of Shares			2,000,000
Cost			$ 1,980,672
Fair Value			$ 1,980,000
February Twenty Eight Two Thousand Twenty Two [Member] | 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)			3.75%
Maturity Date			Aug. 07, 2027
Principal/ Number of Shares			972,314
Cost			$ 966,607
Fair Value			$ 961,647
February Twenty Eight Two Thousand Twenty Two [Member] | 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			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			990,019
Cost			$ 985,574
Fair Value			$ 984,079
February Twenty Eight Two Thousand Twenty Two [Member] | 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			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			2,844,231
Cost			$ 2,829,223
Fair Value			$ 2,826,454
February Twenty Eight Two Thousand Twenty Two [Member] | 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			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			250,000
Cost			$ 249,378
Fair Value			$ 248,063
February Twenty Eight Two Thousand Twenty Two [Member] | 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)			3%
Maturity Date			Feb. 24, 2028
Principal/ Number of Shares			3,870,741
Cost			$ 3,867,368
Fair Value			$ 3,845,581
February Twenty Eight Two Thousand Twenty Two [Member] | 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)			3.25%
Maturity Date			Oct. 19, 2027
Principal/ Number of Shares			3,473,618
Cost			$ 3,452,200
Fair Value			$ 3,414,393
February Twenty Eight Two Thousand Twenty Two [Member] | 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)			4.75%
Maturity Date			Jun. 03, 2024
Principal/ Number of Shares			226,716
Cost			$ 226,626
Fair Value			$ 218,895
February Twenty Eight Two Thousand Twenty Two [Member] | 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			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			3,514,399
Cost			$ 3,506,291
Fair Value			$ 3,471,101
February Twenty Eight Two Thousand Twenty Two [Member] | Hillman Group Inc. (The) (New) One [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	[4]		Consumer goods: Durable
Asset Name	[4]		Delayed Draw Term Loan (2/21)
Asset Type	[4]		Loan
Reference Rate	[4]		1M USD LIBOR+
Reference Spread	[4]		2.75%
LIBOR Floor	[4]		0.50%
Current Rate (All In)	[4]		3.25%
Maturity Date	[4]		Jul. 14, 2028
Principal/ Number of Shares	[4]		67,342
Cost	[4]		$ 67,342
Fair Value	[4]		$ 56,947
February Twenty Eight Two Thousand Twenty Two [Member] | 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)			2.71%
Maturity Date			Aug. 18, 2025
Principal/ Number of Shares			3,550,000
Cost			$ 3,541,488
Fair Value			$ 3,505,625
February Twenty Eight Two Thousand Twenty Two [Member] | 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)			4.50%
Maturity Date			Nov. 17, 2028
Principal/ Number of Shares			2,137,500
Cost			$ 2,127,187
Fair Value			$ 2,117,899
February Twenty Eight Two Thousand Twenty Two [Member] | 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)			4%
Maturity Date			Nov. 12, 2027
Principal/ Number of Shares			2,174,152
Cost			$ 2,164,312
Fair Value			$ 2,148,192
February Twenty Eight Two Thousand Twenty Two [Member] | 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			1M USD SOFR+
Reference Spread			3%
LIBOR Floor			0%
Current Rate (All In)			3.30%
Maturity Date			Mar. 17, 2028
Principal/ Number of Shares			5,955,000
Cost			$ 5,902,173
Fair Value			$ 5,843,344
February Twenty Eight Two Thousand Twenty Two [Member] | 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			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			4,860,079
Cost			$ 4,848,914
Fair Value			$ 4,811,478
February Twenty Eight Two Thousand Twenty Two [Member] | 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)			4.25%
Maturity Date			Nov. 01, 2028
Principal/ Number of Shares			2,000,000
Cost			$ 1,990,546
Fair Value			$ 1,973,760
February Twenty Eight Two Thousand Twenty Two [Member] | 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)			3.96%
Maturity Date			Mar. 06, 2028
Principal/ Number of Shares			2,238,141
Cost			$ 2,237,925
Fair Value			$ 2,221,355
February Twenty Eight Two Thousand Twenty Two [Member] | 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)			3.25%
Maturity Date			Jan. 29, 2026
Principal/ Number of Shares			995,000
Cost			$ 991,113
Fair Value			$ 983,189
February Twenty Eight Two Thousand Twenty Two [Member] | 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)			3%
Maturity Date			Oct. 27, 2028
Principal/ Number of Shares			500,000
Cost			$ 499,441
Fair Value			$ 493,440
February Twenty Eight Two Thousand Twenty Two [Member] | 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)			4%
Maturity Date			Jun. 30, 2028
Principal/ Number of Shares			1,492,500
Cost			$ 1,478,709
Fair Value			$ 1,483,172
February Twenty Eight Two Thousand Twenty Two [Member] | 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			3M USD LIBOR+
Reference Spread			4%
LIBOR Floor			1%
Current Rate (All In)			5%
Maturity Date			May 01, 2024
Principal/ Number of Shares			3,386,129
Cost			$ 3,343,519
Fair Value			$ 3,356,501
February Twenty Eight Two Thousand Twenty Two [Member] | 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			3.75%
LIBOR Floor			0%
Current Rate (All In)			3.96%
Maturity Date			Feb. 04, 2027
Principal/ Number of Shares			491,250
Cost			$ 489,509
Fair Value			$ 487,973
February Twenty Eight Two Thousand Twenty Two [Member] | 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			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			4,368,033
Cost			$ 4,346,269
Fair Value			$ 4,018,591
February Twenty Eight Two Thousand Twenty Two [Member] | 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)			6.75%
Maturity Date			Jun. 14, 2025
Principal/ Number of Shares			2,427,552
Cost			$ 2,401,608
Fair Value			$ 1,775,900
February Twenty Eight Two Thousand Twenty Two [Member] | 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)			3.67%
Maturity Date			Mar. 14, 2025
Principal/ Number of Shares			2,949,539
Cost			$ 2,931,462
Fair Value			$ 2,870,285
February Twenty Eight Two Thousand Twenty Two [Member] | 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)			6%
Maturity Date			May 08, 2024
Principal/ Number of Shares			1,574,907
Cost			$ 1,573,650
Fair Value			$ 1,409,542
February Twenty Eight Two Thousand Twenty Two [Member] | 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)			2.96%
Maturity Date			Jan. 31, 2028
Principal/ Number of Shares			3,960,000
Cost			$ 3,954,873
Fair Value			$ 3,906,778
February Twenty Eight Two Thousand Twenty Two [Member] | 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)			5%
Maturity Date			Mar. 01, 2028
Principal/ Number of Shares			995,000
Cost			$ 990,570
Fair Value			$ 945,250
February Twenty Eight Two Thousand Twenty Two [Member] | 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)			6.50%
Maturity Date			Nov. 15, 2025
Principal/ Number of Shares			4,154,019
Cost			$ 4,125,538
Fair Value			$ 3,620,933
February Twenty Eight Two Thousand Twenty Two [Member] | 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			1,488,750
Cost			$ 1,482,629
Fair Value			$ 1,391,981
February Twenty Eight Two Thousand Twenty Two [Member] | 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)			4%
Maturity Date			Mar. 13, 2028
Principal/ Number of Shares			496,250
Cost			$ 494,732
Fair Value			$ 489,054
February Twenty Eight Two Thousand Twenty Two [Member] | 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			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			496,250
Cost			$ 486,145
Fair Value			$ 491,288
February Twenty Eight Two Thousand Twenty Two [Member] | Lakeland Tours, LLC (d) [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	[6]		Hotel, Gaming & Leisure
Asset Name	[6]		Priority Exit PIK Term Loan (9/20)
Asset Type	[6]		Loan
Reference Rate	[6]		3M USD LIBOR+
Reference Spread	[6]		6%
LIBOR Floor	[6]		1.25%
Current Rate (All In)	[6]		7.25%
Maturity Date	[6]		Sep. 25, 2023
Principal/ Number of Shares	[6]		299,904
Cost	[6]		$ 288,132
Fair Value	[6]		$ 300,054
February Twenty Eight Two Thousand Twenty Two [Member] | 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)			4.50%
Maturity Date			Feb. 28, 2025
Principal/ Number of Shares			2,694,077
Cost			$ 2,673,038
Fair Value			$ 2,667,136
February Twenty Eight Two Thousand Twenty Two [Member] | 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			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			995,000
Cost			$ 991,612
Fair Value			$ 991,269
February Twenty Eight Two Thousand Twenty Two [Member] | 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)			4.89%
Maturity Date			Aug. 31, 2027
Principal/ Number of Shares			3,960,000
Cost			$ 3,897,792
Fair Value			$ 3,888,482
February Twenty Eight Two Thousand Twenty Two [Member] | 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)			5%
Maturity Date			Nov. 03, 2027
Principal/ Number of Shares			3,340,141
Cost			$ 3,320,925
Fair Value			$ 3,294,214
February Twenty Eight Two Thousand Twenty Two [Member] | 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)			1.86%
Maturity Date			Nov. 11, 2026
Principal/ Number of Shares			1,220,308
Cost			$ 1,218,289
Fair Value			$ 1,200,857
February Twenty Eight Two Thousand Twenty Two [Member] | 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			3.75%
LIBOR Floor			0.50%
Current Rate (All In)			4.25%
Maturity Date			Oct. 16, 2028
Principal/ Number of Shares			250,000
Cost			$ 248,837
Fair Value			$ 246,875
February Twenty Eight Two Thousand Twenty Two [Member] | 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)			5.25%
Maturity Date			Jun. 05, 2025
Principal/ Number of Shares			2,234,660
Cost			$ 2,228,836
Fair Value			$ 2,208,582
February Twenty Eight Two Thousand Twenty Two [Member] | 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			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			1,990,000
Cost			$ 1,935,905
Fair Value			$ 1,980,050
February Twenty Eight Two Thousand Twenty Two [Member] | 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)			1.96%
Maturity Date			Aug. 29, 2025
Principal/ Number of Shares			1,317,074
Cost			$ 1,317,074
Fair Value			$ 1,290,403
February Twenty Eight Two Thousand Twenty Two [Member] | 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)			4.71%
Maturity Date			Feb. 28, 2025
Principal/ Number of Shares			3,392,071
Cost			$ 3,369,794
Fair Value			$ 3,375,823
February Twenty Eight Two Thousand Twenty Two [Member] | 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			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			1,995,000
Cost			$ 1,976,108
Fair Value			$ 1,975,050
February Twenty Eight Two Thousand Twenty Two [Member] | 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			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			500,000
Cost			$ 492,500
Fair Value			$ 496,250
February Twenty Eight Two Thousand Twenty Two [Member] | 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			3.75%
LIBOR Floor			0.75%
Current Rate (All In)			4.50%
Maturity Date			Dec. 22, 2027
Principal/ Number of Shares			993,756
Cost			$ 990,577
Fair Value			$ 976,366
February Twenty Eight Two Thousand Twenty Two [Member] | 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)			2.72%
Maturity Date			Mar. 01, 2026
Principal/ Number of Shares			3,381,477
Cost			$ 3,366,633
Fair Value			$ 3,341,677
February Twenty Eight Two Thousand Twenty Two [Member] | 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)			5%
Maturity Date			Apr. 08, 2028
Principal/ Number of Shares			2,492,500
Cost			$ 2,474,302
Fair Value			$ 2,312,492
February Twenty Eight Two Thousand Twenty Two [Member] | 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)			5%
Maturity Date			Aug. 15, 2025
Principal/ Number of Shares			3,801,560
Cost			$ 3,774,075
Fair Value			$ 3,782,552
February Twenty Eight Two Thousand Twenty Two [Member] | 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)			4%
Maturity Date			Jan. 28, 2029
Principal/ Number of Shares			250,000
Cost			$ 248,782
Fair Value			$ 247,500
February Twenty Eight Two Thousand Twenty Two [Member] | 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)			3.21%
Maturity Date			Sep. 20, 2024
Principal/ Number of Shares			351,484
Cost			$ 351,116
Fair Value			$ 348,848
February Twenty Eight Two Thousand Twenty Two [Member] | 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)			3.97%
Maturity Date			Sep. 30, 2024
Principal/ Number of Shares			2,842,097
Cost			$ 2,812,930
Fair Value			$ 2,765,730
February Twenty Eight Two Thousand Twenty Two [Member] | 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			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			3,000,000
Cost			$ 2,992,613
Fair Value			$ 2,950,710
February Twenty Eight Two Thousand Twenty Two [Member] | 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)			3.75%
Maturity Date			Nov. 14, 2025
Principal/ Number of Shares			3,472,277
Cost			$ 3,448,686
Fair Value			$ 3,411,513
February Twenty Eight Two Thousand Twenty Two [Member] | 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)			4.50%
Maturity Date			Mar. 02, 2028
Principal/ Number of Shares			2,763,891
Cost			$ 2,753,599
Fair Value			$ 2,704,771
February Twenty Eight Two Thousand Twenty Two [Member] | 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)			4.50%
Maturity Date			Mar. 02, 2028
Principal/ Number of Shares			87,464
Cost			$ 87,078
Fair Value			$ 85,593
February Twenty Eight Two Thousand Twenty Two [Member] | 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			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			1,000,000
Cost			$ 998,828
Fair Value			$ 997,500
February Twenty Eight Two Thousand Twenty Two [Member] | 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)			2.61%
Maturity Date			Sep. 18, 2026
Principal/ Number of Shares			1,113,795
Cost			$ 1,103,364
Fair Value			$ 1,107,146
February Twenty Eight Two Thousand Twenty Two [Member] | 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 WIBOR+
Reference Spread			5.50%
LIBOR Floor			1%
Current Rate (All In)			6.50%
Maturity Date			Aug. 09, 2024
Principal/ Number of Shares			1,725,340
Cost			$ 1,717,025
Fair Value			$ 1,690,834
February Twenty Eight Two Thousand Twenty Two [Member] | NorthPole Newco S.a.r.l [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	[6]		Aerospace & Defense
Asset Name	[6]		Term Loan
Asset Type	[6]		Loan
Reference Rate	[6]		3M USD LIBOR+
Reference Spread	[6]		7%
LIBOR Floor	[6]		0%
Current Rate (All In)	[6]		7.22%
Maturity Date	[6]		Mar. 03, 2025
Principal/ Number of Shares	[6]		5,348,887
Cost	[6]		$ 5,028,659
Fair Value	[6]		$ 1,537,805
February Twenty Eight Two Thousand Twenty Two [Member] | 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			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			1,500,000
Cost			$ 1,492,500
Fair Value			$ 1,480,620
February Twenty Eight Two Thousand Twenty Two [Member] | Novae LLC [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			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			1,555,556
Cost			$ 1,540,210
Fair Value			$ 1,540,000
February Twenty Eight Two Thousand Twenty Two [Member] | 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)			3%
Maturity Date			Sep. 29, 2025
Principal/ Number of Shares			2,238,750
Cost			$ 2,234,198
Fair Value			$ 2,210,766
February Twenty Eight Two Thousand Twenty Two [Member] | 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			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			1,000,000
Cost			$ 997,500
Fair Value			$ 996,250
February Twenty Eight Two Thousand Twenty Two [Member] | 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			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			2,410,417
Cost			$ 2,399,629
Fair Value			$ 2,397,617
February Twenty Eight Two Thousand Twenty Two [Member] | 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)			4%
Maturity Date			Sep. 20, 2028
Principal/ Number of Shares			997,500
Cost			$ 992,792
Fair Value			$ 984,473
February Twenty Eight Two Thousand Twenty Two [Member] | 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)			5.25%
Maturity Date			Jul. 06, 2028
Principal/ Number of Shares			941,176
Cost			$ 932,470
Fair Value			$ 934,118
February Twenty Eight Two Thousand Twenty Two [Member] | 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)			5%
Maturity Date			Jan. 07, 2028
Principal/ Number of Shares			497,500
Cost			$ 494,346
Fair Value			$ 493,520
February Twenty Eight Two Thousand Twenty Two [Member] | 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			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			491,473
Cost			$ 482,640
Fair Value			$ 486,804
February Twenty Eight Two Thousand Twenty Two [Member] | 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)			2.71%
Maturity Date			May 29, 2026
Principal/ Number of Shares			809,038
Cost			$ 806,361
Fair Value			$ 800,188
February Twenty Eight Two Thousand Twenty Two [Member] | 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			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			1,000,000
Cost			$ 997,500
Fair Value			$ 989,580
February Twenty Eight Two Thousand Twenty Two [Member] | 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)			4.75%
Maturity Date			Dec. 15, 2028
Principal/ Number of Shares			100,000
Cost			$ 99,777
Fair Value			$ 99,391
February Twenty Eight Two Thousand Twenty Two [Member] | 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			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			1,302,632
Cost			$ 1,296,159
Fair Value			$ 1,291,234
February Twenty Eight Two Thousand Twenty Two [Member] | PEDIATRIC ASSOCIATES HOLDING COMPANY, LLC One [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	[1]		Healthcare & Pharmaceuticals
Asset Name	[1]		Delayed Draw Term Loan (12/21)
Asset Type	[1]		Loan
Reference Rate	[1]
Reference Spread	[1]
LIBOR Floor	[1]
Current Rate (All In)	[1]
Maturity Date	[1]		Dec. 28, 2028
Principal/ Number of Shares	[1]
Cost	[1]
Fair Value	[1]		$ (1,727)
February Twenty Eight Two Thousand Twenty Two [Member] | 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)			4.50%
Maturity Date			Feb. 01, 2028
Principal/ Number of Shares			5,459,994
Cost			$ 5,439,162
Fair Value			$ 5,425,869
February Twenty Eight Two Thousand Twenty Two [Member] | 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)			4.50%
Maturity Date			Dec. 23, 2028
Principal/ Number of Shares			2,000,000
Cost			$ 1,980,245
Fair Value			$ 1,985,000
February Twenty Eight Two Thousand Twenty Two [Member] | 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)			4.21%
Maturity Date			Mar. 17, 2028
Principal/ Number of Shares			2,977,500
Cost			$ 2,960,793
Fair Value			$ 2,944,003
February Twenty Eight Two Thousand Twenty Two [Member] | 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)			3%
Maturity Date			Nov. 17, 2028
Principal/ Number of Shares			2,000,000
Cost			$ 1,990,299
Fair Value			$ 1,974,380
February Twenty Eight Two Thousand Twenty Two [Member] | 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)			2.96%
Maturity Date			Mar. 13, 2028
Principal/ Number of Shares			4,466,250
Cost			$ 4,457,371
Fair Value			$ 4,415,513
February Twenty Eight Two Thousand Twenty Two [Member] | 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)			4.75%
Maturity Date			Feb. 02, 2029
Principal/ Number of Shares			2,000,000
Cost			$ 1,990,000
Fair Value			$ 1,968,340
February Twenty Eight Two Thousand Twenty Two [Member] | 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)			3.75%
Maturity Date			Dec. 29, 2027
Principal/ Number of Shares			496,250
Cost			$ 494,183
Fair Value			$ 486,945
February Twenty Eight Two Thousand Twenty Two [Member] | 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)			5.50%
Maturity Date			Feb. 12, 2028
Principal/ Number of Shares			5,458,750
Cost			$ 5,404,639
Fair Value			$ 5,333,635
February Twenty Eight Two Thousand Twenty Two [Member] | 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			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			3,000,000
Cost			$ 2,975,633
Fair Value			$ 2,973,000
February Twenty Eight Two Thousand Twenty Two [Member] | 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)			3.71%
Maturity Date			Jan. 22, 2027
Principal/ Number of Shares			492,500
Cost			$ 491,700
Fair Value			$ 488,038
February Twenty Eight Two Thousand Twenty Two [Member] | 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			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			3,556,300
Cost			$ 3,553,818
Fair Value			$ 3,513,837
February Twenty Eight Two Thousand Twenty Two [Member] | 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			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			2,985,000
Cost			$ 2,957,411
Fair Value			$ 2,973,806
February Twenty Eight Two Thousand Twenty Two [Member] | 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)			4%
Maturity Date			Dec. 28, 2027
Principal/ Number of Shares			496,248
Cost			$ 494,100
Fair Value			$ 487,832
February Twenty Eight Two Thousand Twenty Two [Member] | 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)			4%
Maturity Date			Jan. 29, 2025
Principal/ Number of Shares			481,388
Cost			$ 480,315
Fair Value			$ 474,017
February Twenty Eight Two Thousand Twenty Two [Member] | 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)			3.71%
Maturity Date			Feb. 12, 2027
Principal/ Number of Shares			485,075
Cost			$ 483,298
Fair Value			$ 475,374
February Twenty Eight Two Thousand Twenty Two [Member] | 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)			4.75%
Maturity Date			Jan. 19, 2029
Principal/ Number of Shares			2,000,000
Cost			$ 1,980,237
Fair Value			$ 1,968,760
February Twenty Eight Two Thousand Twenty Two [Member] | 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)			3.50%
Maturity Date			Feb. 15, 2028
Principal/ Number of Shares			496,250
Cost			$ 494,141
Fair Value			$ 480,519
February Twenty Eight Two Thousand Twenty Two [Member] | 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			3.25%
LIBOR Floor			0.50%
Current Rate (All In)			3.75%
Maturity Date			Apr. 24, 2028
Principal/ Number of Shares			997,500
Cost			$ 995,328
Fair Value			$ 985,720
February Twenty Eight Two Thousand Twenty Two [Member] | 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)			3.46%
Maturity Date			May 30, 2025
Principal/ Number of Shares			2,969,141
Cost			$ 2,946,381
Fair Value			$ 2,922,496
February Twenty Eight Two Thousand Twenty Two [Member] | 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			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			993,744
Cost			$ 991,647
Fair Value			$ 973,869
February Twenty Eight Two Thousand Twenty Two [Member] | 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)			6.50%
Maturity Date			Dec. 20, 2024
Principal/ Number of Shares			4,343,378
Cost			$ 4,268,021
Fair Value			$ 4,251,082
February Twenty Eight Two Thousand Twenty Two [Member] | 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)			2.75%
Maturity Date			Feb. 11, 2028
Principal/ Number of Shares			1,488,750
Cost			$ 1,486,251
Fair Value			$ 1,481,306
February Twenty Eight Two Thousand Twenty Two [Member] | 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)			5.25%
Maturity Date			Apr. 30, 2024
Principal/ Number of Shares			3,084,702
Cost			$ 3,078,180
Fair Value			$ 3,067,366
February Twenty Eight Two Thousand Twenty Two [Member] | 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			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			3,497,500
Cost			$ 3,489,704
Fair Value			$ 3,456,509
February Twenty Eight Two Thousand Twenty Two [Member] | 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)			1.96%
Maturity Date			Jan. 29, 2027
Principal/ Number of Shares			1,291,932
Cost			$ 1,290,988
Fair Value			$ 1,271,829
February Twenty Eight Two Thousand Twenty Two [Member] | Reynolds Group Holdings 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			3.25%
LIBOR Floor			0%
Current Rate (All In)			3.46%
Maturity Date			Feb. 05, 2026
Principal/ Number of Shares			3,465,000
Cost			$ 3,449,546
Fair Value			$ 3,406,545
February Twenty Eight Two Thousand Twenty Two [Member] | 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)			4.46%
Maturity Date			Nov. 28, 2025
Principal/ Number of Shares			2,905,190
Cost			$ 2,897,593
Fair Value			$ 2,876,138
February Twenty Eight Two Thousand Twenty Two [Member] | 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)			4.50%
Maturity Date			Jun. 02, 2025
Principal/ Number of Shares			5,637,965
Cost			$ 5,601,072
Fair Value			$ 5,592,185
February Twenty Eight Two Thousand Twenty Two [Member] | 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			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			1,985,000
Cost			$ 1,967,852
Fair Value			$ 1,951,513
February Twenty Eight Two Thousand Twenty Two [Member] | 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 LIBOR+
Reference Spread			3%
LIBOR Floor			0.75%
Current Rate (All In)			3.75%
Maturity Date			Sep. 01, 2027
Principal/ Number of Shares			493,750
Cost			$ 487,862
Fair Value			$ 489,583
February Twenty Eight Two Thousand Twenty Two [Member] | 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)			5.50%
Maturity Date			Mar. 10, 2028
Principal/ Number of Shares			2,483,744
Cost			$ 2,427,454
Fair Value			$ 2,458,906
February Twenty Eight Two Thousand Twenty Two [Member] | 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)			2.46%
Maturity Date			Jul. 05, 2024
Principal/ Number of Shares			748,409
Cost			$ 746,932
Fair Value			$ 740,925
February Twenty Eight Two Thousand Twenty Two [Member] | 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)			3.75%
Maturity Date			Apr. 25, 2025
Principal/ Number of Shares			987,538
Cost			$ 967,436
Fair Value			$ 979,519
February Twenty Eight Two Thousand Twenty Two [Member] | 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)			4.50%
Maturity Date			Apr. 20, 2028
Principal/ Number of Shares			2,985,000
Cost			$ 2,969,212
Fair Value			$ 2,895,450
February Twenty Eight Two Thousand Twenty Two [Member] | 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)			4%
Maturity Date			Feb. 03, 2029
Principal/ Number of Shares			500,000
Cost			$ 498,750
Fair Value			$ 496,460
February Twenty Eight Two Thousand Twenty Two [Member] | 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)			2.14%
Maturity Date			Nov. 02, 2028
Principal/ Number of Shares			1,000,000
Cost			$ 997,653
Fair Value			$ 993,440
February Twenty Eight Two Thousand Twenty Two [Member] | 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			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			498,750
Cost			$ 496,482
Fair Value			$ 492,206
February Twenty Eight Two Thousand Twenty Two [Member] | 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)			4.25%
Maturity Date			Aug. 28, 2028
Principal/ Number of Shares			1,995,000
Cost			$ 1,985,688
Fair Value			$ 1,981,294
February Twenty Eight Two Thousand Twenty Two [Member] | 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			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			785,769
Cost			$ 784,048
Fair Value			$ 780,528
February Twenty Eight Two Thousand Twenty Two [Member] | 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			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			490,000
Cost			$ 490,000
Fair Value			$ 472,238
February Twenty Eight Two Thousand Twenty Two [Member] | 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			3.50%
LIBOR Floor			0.75%
Current Rate (All In)			4.25%
Maturity Date			Aug. 02, 2028
Principal/ Number of Shares			2,000,000
Cost			$ 1,990,687
Fair Value			$ 1,985,000
February Twenty Eight Two Thousand Twenty Two [Member] | 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			4.50%
LIBOR Floor			0.75%
Current Rate (All In)			5.25%
Maturity Date			Mar. 31, 2028
Principal/ Number of Shares			1,995,000
Cost			$ 1,977,135
Fair Value			$ 1,975,050
February Twenty Eight Two Thousand Twenty Two [Member] | 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			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			496,250
Cost			$ 495,145
Fair Value			$ 494,389
February Twenty Eight Two Thousand Twenty Two [Member] | 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)			4.75%
Maturity Date			Mar. 04, 2028
Principal/ Number of Shares			2,977,500
Cost			$ 2,962,439
Fair Value			$ 2,958,474
February Twenty Eight Two Thousand Twenty Two [Member] | 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)			3.26%
Maturity Date			May 12, 2028
Principal/ Number of Shares			3,600,000
Cost			$ 3,594,517
Fair Value			$ 3,571,488
February Twenty Eight Two Thousand Twenty Two [Member] | 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)			1.96%
Maturity Date			Apr. 16, 2025
Principal/ Number of Shares			190,170
Cost			$ 189,956
Fair Value			$ 186,819
February Twenty Eight Two Thousand Twenty Two [Member] | 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)			1.96%
Maturity Date			Apr. 16, 2025
Principal/ Number of Shares			154,375
Cost			$ 154,203
Fair Value			$ 151,655
February Twenty Eight Two Thousand Twenty Two [Member] | 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)			1.96%
Maturity Date			Apr. 16, 2025
Principal/ Number of Shares			477,615
Cost			$ 477,001
Fair Value			$ 469,376
February Twenty Eight Two Thousand Twenty Two [Member] | STANDARD INDUSTRIES 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			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			640,250
Cost			$ 634,225
Fair Value			$ 637,503
February Twenty Eight Two Thousand Twenty Two [Member] | 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)			5.13%
Maturity Date			Apr. 16, 2026
Principal/ Number of Shares			4,386,462
Cost			$ 4,265,782
Fair Value			$ 4,154,813
February Twenty Eight Two Thousand Twenty Two [Member] | 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)			2.47%
Maturity Date			Jul. 21, 2026
Principal/ Number of Shares			1,995,000
Cost			$ 1,990,864
Fair Value			$ 1,972,776
February Twenty Eight Two Thousand Twenty Two [Member] | 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			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			500,000
Cost			$ 498,861
Fair Value			$ 494,375
February Twenty Eight Two Thousand Twenty Two [Member] | 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)			4.25%
Maturity Date			Dec. 01, 2028
Principal/ Number of Shares			1,000,000
Cost			$ 990,274
Fair Value			$ 995,940
February Twenty Eight Two Thousand Twenty Two [Member] | 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)			4.75%
Maturity Date			Apr. 24, 2028
Principal/ Number of Shares			2,495,000
Cost			$ 2,493,770
Fair Value			$ 2,465,684
February Twenty Eight Two Thousand Twenty Two [Member] | 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)			3.27%
Maturity Date			Jul. 07, 2028
Principal/ Number of Shares			1,000,000
Cost			$ 997,633
Fair Value			$ 986,250
February Twenty Eight Two Thousand Twenty Two [Member] | 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)			6.25%
Maturity Date			Jul. 15, 2025
Principal/ Number of Shares			4,428,522
Cost			$ 4,355,261
Fair Value			$ 4,383,129
February Twenty Eight Two Thousand Twenty Two [Member] | 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)			5%
Maturity Date			Sep. 27, 2024
Principal/ Number of Shares			1,920,000
Cost			$ 1,918,652
Fair Value			$ 1,881,600
February Twenty Eight Two Thousand Twenty Two [Member] | 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)			3.46%
Maturity Date			Feb. 06, 2026
Principal/ Number of Shares			1,000,000
Cost			$ 998,750
Fair Value			$ 988,330
February Twenty Eight Two Thousand Twenty Two [Member] | 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)			3.44%
Maturity Date			Jan. 05, 2029
Principal/ Number of Shares			250,000
Cost			$ 248,180
Fair Value			$ 246,668
February Twenty Eight Two Thousand Twenty Two [Member] | 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)			4.67%
Maturity Date			Dec. 19, 2025
Principal/ Number of Shares			4,869,796
Cost			$ 4,863,346
Fair Value			$ 4,829,231
February Twenty Eight Two Thousand Twenty Two [Member] | 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)			3.25%
Maturity Date			Feb. 01, 2026
Principal/ Number of Shares			2,810,435
Cost			$ 2,763,310
Fair Value			$ 2,797,563
February Twenty Eight Two Thousand Twenty Two [Member] | 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 LIBOR+
Reference Spread			3.50%
LIBOR Floor			0.75%
Current Rate (All In)			4.25%
Maturity Date			Aug. 18, 2027
Principal/ Number of Shares			495,000
Cost			$ 489,079
Fair Value			$ 487,575
February Twenty Eight Two Thousand Twenty Two [Member] | 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%
LIBOR Floor			0.50%
Current Rate (All In)			2.50%
Maturity Date			Dec. 01, 2028
Principal/ Number of Shares			870,968
Cost			$ 868,877
Fair Value			$ 860,804
February Twenty Eight Two Thousand Twenty Two [Member] | 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)			2.46%
Maturity Date			Aug. 22, 2024
Principal/ Number of Shares			4,024,167
Cost			$ 4,026,414
Fair Value			$ 3,959,700
February Twenty Eight Two Thousand Twenty Two [Member] | 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)			4%
Maturity Date			Mar. 31, 2028
Principal/ Number of Shares			1,492,500
Cost			$ 1,485,884
Fair Value			$ 1,454,352
February Twenty Eight Two Thousand Twenty Two [Member] | 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)			4.75%
Maturity Date			Oct. 29, 2027
Principal/ Number of Shares			964,241
Cost			$ 957,748
Fair Value			$ 961,830
February Twenty Eight Two Thousand Twenty Two [Member] | 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			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			3,947,943
Cost			$ 3,909,627
Fair Value			$ 3,905,740
February Twenty Eight Two Thousand Twenty Two [Member] | 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)			3.96%
Maturity Date			Aug. 27, 2025
Principal/ Number of Shares			884,205
Cost			$ 880,505
Fair Value			$ 882,366
February Twenty Eight Two Thousand Twenty Two [Member] | 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)			5%
Maturity Date			Jul. 31, 2026
Principal/ Number of Shares			496,815
Cost			$ 471,432
Fair Value			$ 490,853
February Twenty Eight Two Thousand Twenty Two [Member] | 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 LIBOR+
Reference Spread			3.25%
LIBOR Floor			0%
Current Rate (All In)			3.46%
Maturity Date			Oct. 22, 2025
Principal/ Number of Shares			1,624,974
Cost			$ 1,562,482
Fair Value			$ 1,616,166
February Twenty Eight Two Thousand Twenty Two [Member] | 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			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			920,843
Cost			$ 915,490
Fair Value			$ 826,457
February Twenty Eight Two Thousand Twenty Two [Member] | 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)			4%
Maturity Date			Mar. 15, 2026
Principal/ Number of Shares			2,471,487
Cost			$ 2,464,765
Fair Value			$ 2,451,913
February Twenty Eight Two Thousand Twenty Two [Member] | 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)			3.21%
Maturity Date			Jan. 20, 2028
Principal/ Number of Shares			1,847,121
Cost			$ 1,844,606
Fair Value			$ 1,827,264
February Twenty Eight Two Thousand Twenty Two [Member] | 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			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			250,000
Cost			$ 248,777
Fair Value			$ 248,124
February Twenty Eight Two Thousand Twenty Two [Member] | 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)			4.50%
Maturity Date			Aug. 20, 2025
Principal/ Number of Shares			1,382,319
Cost			$ 1,377,042
Fair Value			$ 1,354,672
February Twenty Eight Two Thousand Twenty Two [Member] | 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			4%
LIBOR Floor			0.75%
Current Rate (All In)			4.75%
Maturity Date			Dec. 06, 2028
Principal/ Number of Shares			1,000,000
Cost			$ 995,345
Fair Value			$ 992,080
February Twenty Eight Two Thousand Twenty Two [Member] | 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			Daily SOFR+
Reference Spread			3%
LIBOR Floor			0.50%
Current Rate (All In)			3.50%
Maturity Date			Jan. 12, 2029
Principal/ Number of Shares			3,100,888
Cost			$ 3,092,414
Fair Value			$ 3,071,833
February Twenty Eight Two Thousand Twenty Two [Member] | 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)			2.36%
Maturity Date			Sep. 28, 2028
Principal/ Number of Shares			2,992,500
Cost			$ 2,982,995
Fair Value			$ 2,971,942
February Twenty Eight Two Thousand Twenty Two [Member] | 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)			1.87%
Maturity Date			Dec. 31, 2025
Principal/ Number of Shares			907,176
Cost			$ 906,677
Fair Value			$ 890,075
February Twenty Eight Two Thousand Twenty Two [Member] | Vizient, Inc [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [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			486,250
Cost			$ 485,567
Fair Value			$ 480,779
February Twenty Eight Two Thousand Twenty Two [Member] | 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)			3.60%
Maturity Date			Mar. 19, 2028
Principal/ Number of Shares			2,339,327
Cost			$ 2,336,223
Fair Value			$ 2,322,951
February Twenty Eight Two Thousand Twenty Two [Member] | 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)			4%
Maturity Date			Mar. 11, 2024
Principal/ Number of Shares			476,250
Cost			$ 476,250
Fair Value			$ 411,837
February Twenty Eight Two Thousand Twenty Two [Member] | 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)			2.33%
Maturity Date			Jan. 20, 2028
Principal/ Number of Shares			1,250,000
Cost			$ 1,249,760
Fair Value			$ 1,234,763
February Twenty Eight Two Thousand Twenty Two [Member] | 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)			4.75%
Maturity Date			Mar. 15, 2025
Principal/ Number of Shares			489,822
Cost			$ 488,550
Fair Value			$ 469,004
February Twenty Eight Two Thousand Twenty Two [Member] | 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			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			2,481,250
Cost			$ 2,470,270
Fair Value			$ 2,452,294
February Twenty Eight Two Thousand Twenty Two [Member] | 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			3M USD LIBOR+
Reference Spread			4%
LIBOR Floor			1%
Current Rate (All In)			5%
Maturity Date			Oct. 10, 2024
Principal/ Number of Shares			1,086,078
Cost			$ 1,047,433
Fair Value			$ 967,424
February Twenty Eight Two Thousand Twenty Two [Member] | 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			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			2,599,274
Cost			$ 2,562,059
Fair Value			$ 2,301,449
February Twenty Eight Two Thousand Twenty Two [Member] | WEX Inc. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [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			2,985,000
Cost			$ 2,974,005
Fair Value			$ 2,937,419
February Twenty Eight Two Thousand Twenty Two [Member] | WildBrain Ltd. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [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			1,985,000
Cost			$ 1,949,907
Fair Value			$ 1,966,401
February Twenty Eight Two Thousand Twenty Two [Member] | WP CITYMD BIDCO LLC [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			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			7,424,013
Cost			$ 7,399,065
Fair Value			$ 7,355,340
February Twenty Eight Two Thousand Twenty Two [Member] | Xperi Corporation [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			3.50%
LIBOR Floor			0%
Current Rate (All In)			3.71%
Maturity Date			Jun. 08, 2028
Principal/ Number of Shares			2,741,617
Cost			$ 2,730,066
Fair Value			$ 2,719,355
February Twenty Eight Two Thousand Twenty Two [Member] | 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 (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			968,914
Cost			$ 968,914
Fair Value			$ 954,622
February Twenty Eight Two Thousand Twenty Two [Member] | Zodiac Pool Solutions [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [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			500,000
Cost			$ 498,783
Fair Value			$ 493,440
February Twenty Eight Two Thousand Twenty Two [Member] | Fusion Connect Warrant [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry			Telecommunications
Asset Name			Warrants
Asset Type			Equity
Principal/ Number of Shares			32,832
February Twenty Eight Two Thousand Twenty Two [Member] | J Jill Common Stock [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry			Retail
Asset Name			Common stock
Asset Type			Equity
Principal/ Number of Shares			2,107
Fair Value			$ 33,691
February Twenty Eight Two Thousand Twenty Two [Member] | 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			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			500,000
Cost			$ 497,530
Fair Value			$ 493,750
February Twenty Eight Two Thousand Twenty Two [Member] | Alliant Holdings I, 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 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			997,500
Cost			$ 996,393
Fair Value			$ 987,944
February Twenty Eight Two Thousand Twenty Two [Member] | 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)			5.50%
Maturity Date			Apr. 06, 2024
Principal/ Number of Shares			3,012,861
Cost			$ 3,011,323
Fair Value			$ 3,011,355
February Twenty Eight Two Thousand Twenty Two [Member] | AmeriLife 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 LIBOR+
Reference Spread			4%
LIBOR Floor			0%
Current Rate (All In)			4.11%
Maturity Date			Mar. 18, 2027
Principal/ Number of Shares			1,976,415
Cost			$ 1,967,087
Fair Value			$ 1,956,651
February Twenty Eight Two Thousand Twenty Two [Member] | Anastasia Parent LLC [Menber]
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)			3.97%
Maturity Date			Aug. 11, 2025
Principal/ Number of Shares			967,500
Cost			$ 964,919
Fair Value			$ 832,253
February Twenty Eight Two Thousand Twenty Two [Member] | ARC FALCON I INC. (a) [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	[4]		Chemicals, Plastics, & Rubber
Asset Name	[4]		Delayed Draw Term Loan
Asset Type	[4]		Loan
Reference Rate	[4]
Reference Spread	[4]
LIBOR Floor	[4]
Current Rate (All In)	[4]
Maturity Date	[4]		Sep. 22, 2028
Principal/ Number of Shares	[4]
Cost	[4]		$ (601)
Fair Value	[4]		$ (2,494)
February Twenty Eight Two Thousand Twenty Two [Member] | 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)			4.50%
Maturity Date			Mar. 20, 2024
Principal/ Number of Shares			3,350,967
Cost			$ 3,341,474
Fair Value			$ 3,103,833
February Twenty Eight Two Thousand Twenty Two [Member] | 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 LIBOR+
Reference Spread			4.25%
LIBOR Floor			0%
Current Rate (All In)			4.46%
Maturity Date			Oct. 01, 2025
Principal/ Number of Shares			2,436,164
Cost			$ 2,430,830
Fair Value			$ 2,425,518
February Twenty Eight Two Thousand Twenty Two [Member] | 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			2%
LIBOR Floor			0%
Current Rate (All In)			2.22%
Maturity Date			Mar. 22, 2028
Principal/ Number of Shares			1,925,000
Cost			$ 1,920,766
Fair Value			$ 1,916,819
February Twenty Eight Two Thousand Twenty Two [Member] | Bengal Debt Merger Sub LLC One [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [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			109,091
Cost			$ 109,048
Fair Value			$ 108,069
February Twenty Eight Two Thousand Twenty Two [Member] | 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)			3.66%
Maturity Date			Mar. 05, 2026
Principal/ Number of Shares			992,500
Cost			$ 992,500
Fair Value			$ 980,342
February Twenty Eight Two Thousand Twenty Two [Member] | CareStream Health, 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			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			2,184,163
Cost			$ 2,181,757
Fair Value			$ 2,184,163
February Twenty Eight Two Thousand Twenty Two [Member] | Compass Power Generation, LLC [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [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			1,707,152
Cost			$ 1,704,898
Fair Value			$ 1,686,120
February Twenty Eight Two Thousand Twenty Two [Member] | CoreCivic, 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 (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			1,872,727
Cost			$ 1,852,319
Fair Value			$ 1,857,127
February Twenty Eight Two Thousand Twenty Two [Member] | 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			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			2,940,000
Cost			$ 2,935,370
Fair Value			$ 2,926,211
February Twenty Eight Two Thousand Twenty Two [Member] | DexKo Global, Inc. (Dragon Merger) One [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	[4]		Automotive
Asset Name	[4]		Delayed Draw Term Loan (9/21)
Asset Type	[4]		Loan
Reference Rate	[4]		3M USD LIBOR+
Reference Spread	[4]		3.75%
LIBOR Floor	[4]		0.50%
Current Rate (All In)	[4]		4.25%
Maturity Date	[4]		Oct. 04, 2028
Principal/ Number of Shares	[4]		130,905
Cost	[4]		$ 134,906
Fair Value	[4]		$ 132,706
February Twenty Eight Two Thousand Twenty Two [Member] | Enterprise 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 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			4,850,000
Cost			$ 4,844,205
Fair Value			$ 3,516,638
February Twenty Eight Two Thousand Twenty Two [Member] | GEO 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 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			3,922,786
Cost			$ 3,717,418
Fair Value			$ 3,615,828
February Twenty Eight Two Thousand Twenty Two [Member] | Gigamon 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			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			2,900,607
Cost			$ 2,887,935
Fair Value			$ 2,889,730
February Twenty Eight Two Thousand Twenty Two [Member] | Global Business Travel (GBT) III Inc. [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)			2.71%
Maturity Date			Aug. 13, 2025
Principal/ Number of Shares			4,353,750
Cost			$ 4,353,165
Fair Value			$ 4,065,314
February Twenty Eight Two Thousand Twenty Two [Member] | Go Wireless Holdings, 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			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			2,846,753
Cost			$ 2,824,354
Fair Value			$ 2,828,961
February Twenty Eight Two Thousand Twenty Two [Member] | 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)			8.75%
Maturity Date			Jun. 16, 2026
Principal/ Number of Shares			1,262,555
Cost			$ 1,260,655
Fair Value			$ 1,121,149
February Twenty Eight Two Thousand Twenty Two [Member] | Holley Purchaser, Inc One [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	[4]		Automotive
Asset Name	[4]		Delayed Draw Term Loan
Asset Type	[4]		Loan
Reference Rate	[4]		3M USD LIBOR+
Reference Spread	[4]		3.75%
LIBOR Floor	[4]		0.75%
Current Rate (All In)	[4]		4.50%
Maturity Date	[4]		Nov. 17, 2028
Principal/ Number of Shares	[4]		106,875
Cost	[4]		$ 106,875
Fair Value	[4]		$ 103,602
February Twenty Eight Two Thousand Twenty Two [Member] | 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			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			500,000
Cost			$ 498,797
Fair Value			$ 492,500
February Twenty Eight Two Thousand Twenty Two [Member] | KAR Auction Services, Inc. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [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			244,375
Cost			$ 243,989
Fair Value			$ 241,931
February Twenty Eight Two Thousand Twenty Two [Member] | Lakeland Tours, LLC (d) One [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	[6]		Hotel, Gaming & Leisure
Asset Name	[6]		2nd Out Take Back PIK Term Loan
Asset Type	[6]		Loan
Reference Rate	[6]		3M USD LIBOR+
Reference Spread	[6]		1.50%
LIBOR Floor	[6]		1.25%
Current Rate (All In)	[6]		2.75%
Maturity Date	[6]		Sep. 25, 2025
Principal/ Number of Shares	[6]		616,465
Cost	[6]		$ 528,040
Fair Value	[6]		$ 592,115
February Twenty Eight Two Thousand Twenty Two [Member] | Lakeland Tours, LLC (d) Two [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	[6]		Hotel, Gaming & Leisure
Asset Name	[6]		Third Out PIK Term Loan
Asset Type	[6]		Loan
Reference Rate	[6]		3M USD LIBOR+
Reference Spread	[6]		1.50%
LIBOR Floor	[6]		1.25%
Current Rate (All In)	[6]		2.75%
Maturity Date	[6]		Sep. 25, 2025
Principal/ Number of Shares	[6]		818,373
Cost	[6]		$ 540,076
Fair Value	[6]		$ 720,987
February Twenty Eight Two Thousand Twenty Two [Member] | Lakeland Tours, LLC (d) Three [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	[6]		Hotel, Gaming & Leisure
Asset Name	[6]		Holdco Fixed Term Loan
Asset Type	[6]		Loan
Reference Rate	[6]		Fixed
Reference Spread	[6]		0%
LIBOR Floor	[6]		0%
Current Rate (All In)	[6]		13.25%
Maturity Date	[6]		Sep. 27, 2027
Principal/ Number of Shares	[6]		869,977
Cost	[6]		$ 228,303
Fair Value	[6]		$ 594,847
February Twenty Eight Two Thousand Twenty Two [Member] | Lealand Finance Company B.V. (d) [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	[6]		Energy: Oil & Gas
Asset Name	[6]		Exit Term Loan
Asset Type	[6]		Loan
Reference Rate	[6]		1M USD LIBOR+
Reference Spread	[6]		1%
LIBOR Floor	[6]		0%
Current Rate (All In)	[6]		1.21%
Maturity Date	[6]		Jun. 30, 2025
Principal/ Number of Shares	[6]		334,753
Cost	[6]		$ 334,753
Fair Value	[6]		$ 155,422
February Twenty Eight Two Thousand Twenty Two [Member] | 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)			4.25%
Maturity Date			Dec. 01, 2023
Principal/ Number of Shares			475,000
Cost			$ 474,352
Fair Value			$ 449,616
February Twenty Eight Two Thousand Twenty Two [Member] | Lightstone Generation LLC [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [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			1,322,520
Cost			$ 1,321,594
Fair Value			$ 1,099,212
February Twenty Eight Two Thousand Twenty Two [Member] | Lightstone Generation 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
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			74,592
Cost			$ 74,542
Fair Value			$ 61,997
February Twenty Eight Two Thousand Twenty Two [Member] | 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)			2.22%
Maturity Date			Feb. 15, 2027
Principal/ Number of Shares			250,000
Cost			$ 249,562
Fair Value			$ 244,895
February Twenty Eight Two Thousand Twenty Two [Member] | McAfee, LLC [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			Prime+
Reference Spread			2.75%
LIBOR Floor			0%
Current Rate (All In)			6%
Maturity Date			Sep. 30, 2024
Principal/ Number of Shares			1,642,423
Cost			$ 1,638,322
Fair Value			$ 1,638,054
February Twenty Eight Two Thousand Twenty Two [Member] | MKS Instruments, Inc [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [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			868,529
Cost			$ 863,296
Fair Value			$ 862,562
February Twenty Eight Two Thousand Twenty Two [Member] | National Mentor Holdings, Inc. Two (a) [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	[1]		Healthcare & Pharmaceuticals
Asset Name	[1]		Delayed Draw Term Loan 2/21
Asset Type	[1]		Loan
Reference Rate	[1]
Reference Spread	[1]
LIBOR Floor	[1]
Current Rate (All In)	[1]
Maturity Date	[1]		Mar. 02, 2028
Principal/ Number of Shares	[1]
Cost	[1]
Fair Value	[1]		$ (2,758)
February Twenty Eight Two Thousand Twenty Two [Member] | Neenah, Inc. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [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			1,990,000
Cost			$ 1,981,133
Fair Value			$ 1,960,150
February Twenty Eight Two Thousand Twenty Two [Member] | NM Z Parent Inc (Zep Inc) [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			12M USD LIBOR+
Reference Spread			4%
LIBOR Floor			1%
Current Rate (All In)			5%
Maturity Date			Aug. 09, 2024
Principal/ Number of Shares			871,151
Cost			$ 869,399
Fair Value			$ 842,838
February Twenty Eight Two Thousand Twenty Two [Member] | Novae LLC One [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Industry	[1]		Automotive
Asset Name	[1]		Delayed Draw Term Loan
Asset Type	[1]		Loan
Reference Rate	[1]
Reference Spread	[1]
LIBOR Floor	[1]
Current Rate (All In)	[1]
Maturity Date	[1]		Dec. 22, 2028
Principal/ Number of Shares	[1]
Cost	[1]
Fair Value	[1]		$ (4,444)
February Twenty Eight Two Thousand Twenty Two [Member] | Novolex Holdings, Inc (Flex Acquisition) [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [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			987,555
Cost			$ 983,296
Fair Value			$ 983,437
February Twenty Eight Two Thousand Twenty Two [Member] | Pacific Gas and Electric Company [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			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			1,479,969
Cost			$ 1,474,197
Fair Value			$ 1,449,999
February Twenty Eight Two Thousand Twenty Two [Member] | Penn National Gaming [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [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			1,762,675
Cost			$ 1,715,292
Fair Value			$ 1,746,370
February Twenty Eight Two Thousand Twenty Two [Member] | 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			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			1,000,000
Cost			$ 995,074
Fair Value			$ 990,000
February Twenty Eight Two Thousand Twenty Two [Member] | Pixelle Specialty Solutions LLC [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			6.50%
LIBOR Floor			1%
Current Rate (All In)			7.50%
Maturity Date			Oct. 31, 2024
Principal/ Number of Shares			3,535,026
Cost			$ 3,515,981
Fair Value			$ 3,504,837
February Twenty Eight Two Thousand Twenty Two [Member] | Project Leopard 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
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			495,000
Cost			$ 494,242
Fair Value			$ 492,678
February Twenty Eight Two Thousand Twenty Two [Member] | 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			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			962,500
Cost			$ 961,492
Fair Value			$ 877,800
February Twenty Eight Two Thousand Twenty Two [Member] | 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)			5%
Maturity Date			Jan. 15, 2027
Principal/ Number of Shares			3,256,472
Cost			$ 3,207,096
Fair Value			$ 3,240,190
February Twenty Eight Two Thousand Twenty Two [Member] | 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)			5%
Maturity Date			Aug. 18, 2028
Principal/ Number of Shares			1,093,333
Cost			$ 1,082,992
Fair Value			$ 1,085,133
February Twenty Eight Two Thousand Twenty Two [Member] | Syniverse Holdings, 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			4.25%
LIBOR Floor			0.50%
Current Rate (All In)			4.75%
Maturity Date			Feb. 01, 2029
Principal/ Number of Shares			500,000
Cost			$ 495,000
Fair Value			$ 499,375
February Twenty Eight Two Thousand Twenty Two [Member] | 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)			3.21%
Maturity Date			Oct. 01, 2025
Principal/ Number of Shares			1,455,000
Cost			$ 1,447,215
Fair Value			$ 1,444,088
February Twenty Eight Two Thousand Twenty Two [Member] | The Octave Music Group, Inc (Touchtunes) [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			6%
LIBOR Floor			1%
Current Rate (All In)			7%
Maturity Date			May 29, 2025
Principal/ Number of Shares			2,893,526
Cost			$ 2,872,208
Fair Value			$ 2,871,824
February Twenty Eight Two Thousand Twenty Two [Member] | Travel Leaders Group, LLC [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [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			2,412,500
Cost			$ 2,411,191
Fair Value			$ 2,268,353
February Twenty Eight Two Thousand Twenty Two [Member] | Tronox Pigments (Netherlands) B.V. [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 LIBOR+
Reference Spread			2.25%
LIBOR Floor			0%
Current Rate (All In)			2.47%
Maturity Date			Mar. 10, 2028
Principal/ Number of Shares			346,923
Cost			$ 346,183
Fair Value			$ 341,719
February Twenty Eight Two Thousand Twenty Two [Member] | Univar Inc. [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [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			1,990,000
Cost			$ 1,980,782
Fair Value			$ 1,974,458
February Twenty Eight Two Thousand Twenty Two [Member] | US Ecology, Inc. [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			2.50%
LIBOR Floor			0%
Current Rate (All In)			2.71%
Maturity Date			Nov. 02, 2026
Principal/ Number of Shares			490,000
Cost			$ 489,302
Fair Value			$ 488,040
February Twenty Eight Two Thousand Twenty Two [Member] | ZEBRA BUYER 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 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			887,097
Cost			$ 883,013
Fair Value			$ 882,661
February Twenty Eight Two Thousand Twenty Two [Member] | 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	[7]		6,171,793
Cost	[7]		$ 6,171,793
Fair Value	[7]		$ 6,171,793
February Twenty Eight Two Thousand Twenty Two [Member] | Cash and Cash Equivalents [Member]
Investment in Saratoga CLO (Details) - Schedule of investments cash and cash equivalents [Line Items]
Principal/ Number of Shares			6,171,793
Cost			$ 6,171,793
Fair Value			$ 6,171,793
[1] All or a portion of this investment has an unfunded commitment as of November 30, 2022 As of November 30, 2022, the investment was in default and on non-accrual status. Included within cash and cash equivalents in Saratoga CLO’s Statements of Assets and Liabilities as of November 30, 2022. Investments include Payment-in-Kind Interest.

Income Taxes (Details)

Income Taxes (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Nov. 30, 2022	Nov. 30, 2021	Nov. 30, 2022	Nov. 30, 2021
Income Tax Disclosure [Abstract]
Owned percentage			100%
U.S.federal tax rate, percentage			21%
Deferred tax liability	$ 2,200		$ 2,200
Deferred tax expense (benefit)	400	$ 2,500	1,000	$ (900)
Unrealized appreciation	500	2,400	500	2,900
Net change in total operating expense	$ 100	$ 40	$ 100	$ 20

Income Taxes (Details) - Schedu

Income Taxes (Details) - Schedule of deferred tax assets and liabilities - USD ($)	Nov. 30, 2022	Feb. 28, 2022
Schedule Of Deferred Tax Assets And Liabilities Abstract
Total deferred tax assets	$ 2,350,087	$ 1,991,241
Total deferred tax liabilities	(2,311,448)	(1,293,496)
Valuation allowance on net deferred tax assets	(2,178,299)	(1,946,761)
Net deferred tax liability	$ (2,139,660)	$ (1,249,016)

Income Taxes (Details) - Sche_2

Income Taxes (Details) - Schedule of federal and state income tax provisions benefit - USD ($)	3 Months Ended		9 Months Ended
	Nov. 30, 2022	Nov. 30, 2021	Nov. 30, 2022	Nov. 30, 2021
Current
Federal	$ (255,959)	$ 2,157,212	$ (473,475)	$ 2,583,041
State	(158,721)	289,961	(80,273)	340,655
Net current expense	(414,680)	2,447,173	(553,748)	2,923,696
Deferred
Federal	460,531	(1,916,842)	844,727	(677,986)
State	(29,901)	(604,143)	45,917	(253,182)
Net deferred expense	430,629	(2,520,985)	890,645	(931,168)
Net tax provision	$ 15,949	$ (73,812)	$ 336,896	$ 1,992,528

Agreements and Related Party _2

Agreements and Related Party Transactions (Details) - USD ($)													1 Months Ended		3 Months Ended		9 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	Nov. 30, 2022	Nov. 30, 2021	Nov. 30, 2022	Nov. 30, 2021	Aug. 31, 2021	Aug. 09, 2021	Feb. 29, 2020	Feb. 07, 2020	Dec. 21, 2019	Jul. 13, 2018	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															$ 4,258,821	$ 2,923,676	$ 12,164,989	$ 8,684,681
Incentive fees															1,500,000	2,300,000	3,900,000	4,800,000
Accrued benefit in incentive fees															3,700,000		3,700,000
Incentive fees related to capital gains																4,900,000		4,900,000
Management fees															12,200,000	8,700,000	12,200,000	8,700,000
Incentive fees accrual													$ 9,800,000				4,300,000
Management fee accrual													3,200,000				5,300,000
Upsized in assets		$ 100,974,715											$ 100,974,715		$ 108,075,326		108,075,326
Aggregate principal amount																						$ 24,500,000	$ 74,500,000		$ 48,300,000
Repayment of loan																	$ 35,340,000	73,500,000
Share percentage																	87.50%
Price par value (in Dollars per share)														$ 15.2	$ 12,250,000		$ 12,250,000							$ 25
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															$ 17,600,000		$ 17,600,000
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	800,000	2,300,000	2,200,000
Membership Interest [Member] | Fair Value [Member]
Agreements and Related Party Transactions (Details) [Line Items]
Investment fair value															9,200,000		9,200,000
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															10,000
Saratoga CLO [Member]
Agreements and Related Party Transactions (Details) [Line Items]
Accrued benefit in incentive fees															800,000		800,000
Incentive fees related to capital gains																900,000		900,000
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		$ 1,700,000
Management fee income															800,000	$ 800,000	2,400,000	$ 2,500,000
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															$ 26,800,000		$ 26,800,000

Borrowings (Details)

Borrowings (Details) - USD ($)														1 Months Ended																	3 Months Ended		6 Months Ended	9 Months Ended		12 Months Ended
	Sep. 08, 2022	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	Oct. 27, 2022	Sep. 29, 2022	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	May 29, 2015	Sep. 17, 2014	Feb. 24, 2012	Nov. 30, 2022	Nov. 30, 2021	Aug. 31, 2021	Nov. 30, 2022	Nov. 30, 2021	Feb. 28, 2022	Jul. 31, 2021	Feb. 29, 2020	Feb. 07, 2020	Dec. 21, 2019	Apr. 16, 2018	May 10, 2013	Jul. 30, 2010	May 01, 2007	Apr. 11, 2007
Borrowings (Details) [Line Items]
Interest rate, description																																		(12)The Revolving Credit Facility, SBA Debentures, 7.75% Notes Payable 2025, 4.375% Notes Payable 2026, 4.35% Notes Payable 2027, 7.00% Notes Payable 2025 and 6.25% Notes Payable 2027 are not registered for public trading.
Loss on the extinguishment of debt																																$ (764,123)		$ (1,204,809)	$ (2,316,263)
Securitized credit facility																	$ 12,500,000														25,000,000			25,000,000		$ 12,500,000
Administrative agent fee																															$ 818,750	$ 750,000		2,341,667	2,156,250
Outstanding amount																																		25,900,000
Financing costs																																		$ 7,400,318	7,768,038
Average interest rate																															7.25%			7.25%
Additional long-term capital											$ 175,000,000
SBA guaranteed debentures, description											With the third license approval, Saratoga can continue to grow its SBA relationship from $150.0 million to $350.0 million of committed capital.As of November 30, 2022, we have funded SBIC LP, SBIC II LP and SBIC III LP with an aggregate total of equity capital of $75.0 million, $87.5 million and $2.5 million, respectively, and have $242.7 million in SBA-guaranteed debentures outstanding, of which $67.7 million was held in SBIC LP, $175.0 million was held in SBIC II LP, and $0.0 million held in SBIC III 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, SBIC II LP and SBIC III LP may borrow to a maximum of $150.0 million, $175.0 million, and $175.0 million, respectively, which is up to twice its potential regulatory capital. 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.
Outstanding principal amount																																							$ 24,500,000	$ 74,500,000		$ 48,300,000
Debt instrument, description																																		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, SBIC II LP and SBIC III LP may borrow to a maximum of $150.0 million, $175.0 million, and $175.0 million, respectively, which is up to twice its potential regulatory capital. 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.
Net income taxes																																		$ 2,770,984	$ 727,469
Borrowing amount																															$ 325,000,000			$ 325,000,000
Fixed-rate notes																																										7.50%
Debt distribution agreement, description			(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.																(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.									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)																															$ 1.75	$ 1.92		$ 1.75	$ 1.92
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																																		$ 2,567,903	$ 1,544,478
Indebtedness																															$ 1,000			$ 1,000
Redeemed amount																																							$ 24,450,000	50,000,000
Aggregate principal amount			$ 43,100,000																$ 60,000,000														$ 60,000,000							74,450,000
Principal amount percentage			7.25%																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%
Smaller Enterprise [Member]
Borrowings (Details) [Line Items]
Tangible net																															6,000,000			$ 6,000,000
Net income taxes																																		$ 2,000,000
SBA Debentures [Member]
Borrowings (Details) [Line Items]
Additional long-term capital											$ 150,000,000
Interest expense																															1,700,000	$ 1,100,000
7.25% 2025 Notes [Member]
Borrowings (Details) [Line Items]
Interest expense																															0	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	1,900,000
6.00% 2027 Notes [Member]
Borrowings (Details) [Line Items]
Interest expense																															1,600,000	0
Level 3 Liability [Member]
Borrowings (Details) [Line Items]
Debt instrument, description																																		As noted above, as of November 30, 2022, there was $242.7 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, $6.0 million and $0.3 million related to the SBA debentures issued by SBIC LP, SBIC II LP, SBIC III 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																																		175,000,000
SBIC III LP [Member]
Borrowings (Details) [Line Items]
Outstanding principal amount																															2,500,000			2,500,000
Debentures outstanding amount																																		0
SBA-Guaranteed Debentures [Member]
Borrowings (Details) [Line Items]
Debentures outstanding amount																																		242,700,000
SBIC [Member]
Borrowings (Details) [Line Items]
Tangible net																															$ 24,000,000			24,000,000
Net income taxes																																		$ 8,000,000
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		$ 700,000	500,000
Interest expense																																		$ 4,600,000	$ 3,400,000
Borrowing interest rate																																		2.74%	2.66%
SBA Debentures [Member] | Minimum [Member]
Borrowings (Details) [Line Items]
Interest expense															$ 175,000,000
Borrowing interest rate																															2.86%
SBA Debentures [Member] | Maximum [Member]
Borrowings (Details) [Line Items]
Interest expense															$ 350,000,000
Borrowing interest rate																																2.44%
SBA Debentures [Member] | Three Months Ended [Member]
Borrowings (Details) [Line Items]
Outstanding principal amount																															$ 242,700,000	$ 176,600,000		$ 242,700,000	$ 176,600,000
SBA Debentures [Member] | Six Months Ended [Member]
Borrowings (Details) [Line Items]
Outstanding principal amount																															$ 226,500,000	172,000,000		226,500,000	172,000,000
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 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.
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													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. 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 nine months ended November 30, 2022 and November 30, 2021, we recorded $0.0 million and $1.9 million, respectively, of interest expense and $0.0 million and $0.2 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 nine months ended November 30, 2022 and November 30, 2021, the average dollar amount of 6.25% 2025 Notes outstanding was $0.00 million and $39.3 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 November 30, 2022 and November 30, 2021, we recorded $0.0 million and $0.8 million, respectively, of interest expense and $0.00 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 November 30, 2022 and November 30, 2021, the average dollar amount of the 7.25% 2025 Notes outstanding was $0.0 million and $43.1 million respectively. For the nine months ended November 30, 2022 and November 30, 2021, we recorded $1.2 million and $2.3 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 nine months ended November 30, 2022 and November 30, 2021, the average dollar amount of the 7.25% 2025 Notes outstanding was $18.0 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. 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, subject to a fee depending on the date of repayment. 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 November 30, 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 note. 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 November 30, 2022 and November 30, 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 November 30, 2022 and November 30, 2021, the average dollar amount of 7.75% Notes 2025 outstanding was $5.0 million and $5.0 million respectively. For the nine months ended November 30, 2022 and November 30, 2021, we recorded $0.3 million and $0.3 million, respectively, of interest expense and $0.04 million and $0.04 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 nine months ended November 30, 2022 and November 30, 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. 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 note. 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. 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 November 30, 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 note. 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 November 30, 2022 and November 30, 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 November 30, 2022 and November 30, 2021 the average dollar amount of 6.25% Notes 2027 outstanding was $15.0 million and $15.0 million respectively. For the nine months ended November 30, 2022 and November 30, 2021, we recorded $0.7 million and $0.7 million, respectively, of interest expense and $0.05 million and $0.05 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 November 30, 2022 and November 30, 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 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. 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. On July 15, 2021, the Company issued an additional $125.0 million in aggregate principal amount of the Company’s 4.375% Notes 2026 (the “Additional 4.375% 2026 Notes”) for net proceeds for approximately $123.5 million, based on the public offering price of 101.00% of the aggregate principal amount of the Additional 4.375% 2026 Notes, after deducting the underwriting discount of $2.5 million and the offering expenses payable by the Company. The Additional 4.375% 2026 Notes are treated as a single series with the existing 4.375% 2026 Notes under the indenture and had the same terms as the existing 4.375% 2026 Notes. The net proceeds from the offering were used to redeem all of the outstanding 6.25% 2025 Notes (as described above), and for general corporate purposes in accordance with our investment objective and strategies. Financing costs of $2.7 million have been capitalized and are being amortized over the term of the additional 4.375% 2026 Notes. As of November 30, 2022, the total 4.375% Notes 2026 outstanding was $175.0 million. The 4.375% Notes 2026 are not listed and are issued in minimum denominations of $2,000 and integral multiples of $1,000 in excess thereof. As of February 28, 2022, there was $175.0 million outstanding of the 4.375% Notes 2026. The carrying amount of the amount outstanding of 4.375% Notes 2026 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 November 30, 2022 and November 30, 2021, we recorded $1.9 million and $1.9 million, respectively, of interest expense, $0.2 million and $0.1 million, respectively, of amortization of deferred financing costs and $0.07 million and $0.07 million, respectively, of amortization of premium on issuance of 4.375% Notes due 2026 (inclusive of the issuance of the Additional 4.375% 2026 Notes). Interest expense, amortization of deferred financing costs and amortization of premium on issuance of notes are reported as interest and debt financing expense on the consolidated statements of operations. During the three months ended November 30, 2022 and November 30, 2021, the average dollar amount of 4.375% Notes 2026 outstanding was $175.0 million and $175.0 million, respectively. For the nine months ended November 30, 2022 and November 30, 2021, we recorded $5.7 million and $3.6 million, respectively, of interest expense, $0.6 million and $0.3 million, respectively, of amortization of deferred financing costs and $0.2 million and $0.09 million, respectively, of amortization of premium on issuance of 4.375% Notes due 2026 (inclusive of the issuance of the Additional 4.375% 2026 Notes). Interest expense, amortization of deferred financing costs and amortization of premium on issuance of notes are reported as interest and debt financing expense on the consolidated statements of operations. During the nine months ended November 30, 2022 and November 30, 2021, the average dollar amount of 4.375% Notes 2026 outstanding was $175.0 million and $115.3 million, respectively. 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. 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. As of November 30, 2022, the total 4.35% Notes 2027 outstanding was $75.0 million. The 4.35% Notes 2027 are not listed and are issued in minimum denominations of $2,000 and integral multiples of $1,000 in excess thereof. As of February 28, 2022, there was $75.0 million outstanding. The carrying amount of the amount outstanding of 4.35% 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 November 30, 2022 and November 30, 2021, we recorded $0.8 million and $0.0 million, respectively, of interest expense and $0.1 million and $0.0 million, respectively, of amortization of deferred financing costs related to the 4.35% 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 November 30, 2022 and November 30, 2021, the average dollar amount of 4.35% Notes 2027 outstanding was $75.0 million and $0.0 million, respectively. For the nine months ended November 30, 2022 and November 30, 2021, we recorded $2.4 million and $0.0 million, respectively, of interest expense and $0.3 million and $0.0 million, respectively, of amortization of deferred financing costs related to the 4.35% 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 nine months ended November 30, 2022 and November 30, 2021, the average dollar amount of 4.35% Notes 2027 outstanding was $75.0 million and $0.0 million, respectively. 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. 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. The net proceeds from the offering were used for general corporate purposes in accordance with our investment objective and strategies. 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 note. On August 15, 2022, the Company issued an additional $8.0 million in aggregate principal amount of the 6.00% 2027 Notes (the “Additional 6.00% 2027 Notes”) for net proceeds of $7.8 million, based on the public offering price of 97.80% of the aggregate principal amount of the 6.00% 2027 Notes. The Additional 6.00% 2027 Notes are treated as a single series with the existing 6.00% 2027 Notes under the indenture and had the same terms as the existing 6.00% 2027 Notes. The net proceeds from the offering were used for general corporate purposes in accordance with our investment objective and strategies. Additional offering costs incurred were approximately $0.03 million. Additional financing costs of $0.03 million related to the 6.00% 2027 Notes have been capitalized and are being amortized over the term of the 6.00% 2027 Notes. As of November 30, 2022, the carrying amount and fair value of the 6.00% 2027 Notes was $105.5 million and $97.1 million, respectively. The fair value of the 6.00% 2027 Notes, which are publicly traded, is based upon closing market quotes as of the measurement date and would be classified as a Level 1 liability within the fair value hierarchy. As of February 28, 2022, the carrying amount and fair value of the 6.00% 2027 Notes was $0.0 million and $0.0 million, respectively. For the three months ended November 30, 2022 and November 30, 2021, we recorded $1.6 million and $0.0 million, respectively, of interest expense and $0.2 million and $0.0 million, respectively, of amortization of deferred financing costs related to the 6.00% 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 November 30, 2022 and November 30, 2021, the average dollar amount of 6.00% Notes 2027 outstanding was $105.5 million and $0.0 million, respectively. For the nine months ended November 30, 2022 and November 30, 2021, we recorded $3.7 million and $0.0 million, respectively, of interest expense and $0.4 million and $0.0 million, respectively, of amortization of deferred financing costs related to the 6.00% 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 nine months ended November 30, 2022 and November 30, 2021, the average dollar amount of 6.00% Notes 2027 outstanding was $82.5 million and $0.0 million, respectively. On September 8, 2022, the Company issued $12.0 million in aggregate principal amount of our 7.00% fixed-rate notes due 2025 (the “7.00% 2025 Notes”) for net proceeds of $11.6 million after deducting customary fees and offering expenses of approximately $0.4 million. Interest on the 7.00% 2025 Notes is paid quarterly in arrears on February 28, May 31, August 31 and November 30, at a rate of 7.00% per year. The 7.00% 2025 Notes mature on September 8, 2025 and commencing September 8, 2024, 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 $0.05 million related to the 7.00% 2025 Notes have been capitalized and are being amortized over the term of the 7.00% 2025 Notes. As of November 30, 2022, the carrying amount of the 7.00% 2025 Notes was $12.0 million. As of February 28, 2022, the carrying amount of the 7.00% 2025 Notes was $0.0 million. For the three months ended November 30, 2022 and November 30, 2021, we recorded $0.2 million and $0.0 million, respectively, of interest expense and $0.03 million and $0.0 million, respectively, of amortization of deferred financing costs related to the 7.00% 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 November 30, 2022 and November 30, 2021, the average dollar amount of 7.00% Notes 2025 outstanding was $11.1 million and $0.0 million, respectively. For the nine months ended November 30, 2022 and November 30, 2021, we recorded $0.2 million and $0.0 million, respectively, of interest expense and $0.03 million and $0.0 million, respectively, of amortization of deferred financing costs related to the 7.00% 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 nine months ended November 30, 2022 and November 30, 2021, the average dollar amount of 7.00% Notes 2025 outstanding was $3.7 million and $0.0 million, respectively. On October 27, 2022, the Company issued $40.0 million in aggregate principal amount of our 8.00% fixed-rate notes due 2027 (the “8.00% 2027 Notes”) for net proceeds of $38.7 million after deducting underwriting commissions of approximately $1.3 million. Offering costs incurred were approximately $0.1 million. On November 10, 2022, the underwriters partially exercised their option to purchase an additional $6.0 million in aggregate principal amount of the 8.00% 2027 Notes. Net proceeds to the Company were $5.8 million after deducting underwriting commissions of approximately $0.2 million. Interest on the 8.00% 2027 Notes is paid quarterly in arrears on February 28, May 31, August 31 and November 30, at a rate of 8.00% per year, beginning February 28, 2023. The 8.00% 2027 Notes mature on October 31, 2027 and commencing October 27, 2024, 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 $1.3 million related to the 8.00% 2027 Notes have been capitalized and are being amortized over the term of the 8.00% 2027 Notes. The 8.00% 2027 Notes are listed on the NYSE under the trading symbol “SAJ” with a par value of $25.00 per note. As of November 30, 2022, the carrying amount and fair value of the 8.00% 2027 Notes was $46.0 million and $46.2 million, respectively. The fair value of the 8.00% 2027 Notes, which are publicly traded, is based upon closing market quotes as of the measurement date and would be classified as a Level 1 liability within the fair value hierarchy. As of February 28, 2022, the carrying amount and fair value of the 8.00% 2027 Notes was $0.0 million and $0.0 million, respectively. For the three months ended November 30, 2022 and November 30, 2021, we recorded $0.3 million and $0.0 million, respectively, of interest expense and $0.03 million and $0.0 million, respectively, of amortization of deferred financing costs related to the 8.00% 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 November 30, 2022 and November 30, 2021, the average dollar amount of 8.00% Notes 2027 outstanding was $16.9 million and $0.0 million, respectively. For the nine months ended November 30, 2022 and November 30, 2021, we recorded $0.3 million and $0.0 million, respectively, of interest expense and $0.03 million and $0.0 million, respectively, of amortization of deferred financing costs related to the 8.00% Notes 2027. Interest expense and amortization of deferred financing costs are reported as interest and debt financing expense on the consolidated statements of operations.
Note five year [Member]
Borrowings (Details) [Line Items]
Amortization of deferred financing cost																																		$ 0	200,000
Outstanding principal amount																			$ 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%
Interest expense																																		0	1,900,000
6.25% 2025 Notes [Member]
Borrowings (Details) [Line Items]
Debentures outstanding amount																																		0	39,300,000
7.25% 2025 Notes [Member]
Borrowings (Details) [Line Items]
Loss on the extinguishment of debt			$ 1,200,000
Interest expense																																		1,200,000	2,300,000
Outstanding principal amount																						$ 37,500,000
Debentures outstanding amount																															$ 0	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.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 November 30, 2022 and November 30, 2021, we recorded $0.0 million and $0.8 million, respectively, of interest expense and $0.00 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 November 30, 2022 and November 30, 2021, the average dollar amount of the 7.25% 2025 Notes outstanding was $0.0 million and $43.1 million respectively. For the nine months ended November 30, 2022 and November 30, 2021, we recorded $1.2 million and $2.3 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 nine months ended November 30, 2022 and November 30, 2021, the average dollar amount of the 7.25% 2025 Notes outstanding was $18.0 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. 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, subject to a fee depending on the date of repayment. 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 November 30, 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 note. 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 November 30, 2022 and November 30, 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 November 30, 2022 and November 30, 2021, the average dollar amount of 7.75% Notes 2025 outstanding was $5.0 million and $5.0 million respectively. For the nine months ended November 30, 2022 and November 30, 2021, we recorded $0.3 million and $0.3 million, respectively, of interest expense and $0.04 million and $0.04 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 nine months ended November 30, 2022 and November 30, 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. 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 note. 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. 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.
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																															0	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																																		18,000,000	43,100,000
7.75% Notes 2025 [Member]
Borrowings (Details) [Line Items]
Interest expense																																		300,000	300,000
Outstanding principal amount									$ 5,000,000
Debentures outstanding amount																															5,000,000	5,000,000		$ 5,000,000	5,000,000
Debt instrument, description									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. 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, subject to a fee depending on the date of repayment. 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 November 30, 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 note. 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 November 30, 2022 and November 30, 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 November 30, 2022 and November 30, 2021, the average dollar amount of 7.75% Notes 2025 outstanding was $5.0 million and $5.0 million respectively. For the nine months ended November 30, 2022 and November 30, 2021, we recorded $0.3 million and $0.3 million, respectively, of interest expense and $0.04 million and $0.04 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 nine months ended November 30, 2022 and November 30, 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. 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 note. 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. 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 November 30, 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 note. 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 November 30, 2022 and November 30, 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 November 30, 2022 and November 30, 2021 the average dollar amount of 6.25% Notes 2027 outstanding was $15.0 million and $15.0 million respectively. For the nine months ended November 30, 2022 and November 30, 2021, we recorded $0.7 million and $0.7 million, respectively, of interest expense and $0.05 million and $0.05 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 November 30, 2022 and November 30, 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 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. 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. On July 15, 2021, the Company issued an additional $125.0 million in aggregate principal amount of the Company’s 4.375% Notes 2026 (the “Additional 4.375% 2026 Notes”) for net proceeds for approximately $123.5 million, based on the public offering price of 101.00% of the aggregate principal amount of the Additional 4.375% 2026 Notes, after deducting the underwriting discount of $2.5 million and the offering expenses payable by the Company. The Additional 4.375% 2026 Notes are treated as a single series with the existing 4.375% 2026 Notes under the indenture and had the same terms as the existing 4.375% 2026 Notes. The net proceeds from the offering were used to redeem all of the outstanding 6.25% 2025 Notes (as described above), and for general corporate purposes in accordance with our investment objective and strategies. Financing costs of $2.7 million have been capitalized and are being amortized over the term of the additional 4.375% 2026 Notes. As of November 30, 2022, the total 4.375% Notes 2026 outstanding was $175.0 million. The 4.375% Notes 2026 are not listed and are issued in minimum denominations of $2,000 and integral multiples of $1,000 in excess thereof. As of February 28, 2022, there was $175.0 million outstanding of the 4.375% Notes 2026. The carrying amount of the amount outstanding of 4.375% Notes 2026 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 November 30, 2022 and November 30, 2021, we recorded $1.9 million and $1.9 million, respectively, of interest expense, $0.2 million and $0.1 million, respectively, of amortization of deferred financing costs and $0.07 million and $0.07 million, respectively, of amortization of premium on issuance of 4.375% Notes due 2026 (inclusive of the issuance of the Additional 4.375% 2026 Notes). Interest expense, amortization of deferred financing costs and amortization of premium on issuance of notes are reported as interest and debt financing expense on the consolidated statements of operations. During the three months ended November 30, 2022 and November 30, 2021, the average dollar amount of 4.375% Notes 2026 outstanding was $175.0 million and $175.0 million, respectively. For the nine months ended November 30, 2022 and November 30, 2021, we recorded $5.7 million and $3.6 million, respectively, of interest expense, $0.6 million and $0.3 million, respectively, of amortization of deferred financing costs and $0.2 million and $0.09 million, respectively, of amortization of premium on issuance of 4.375% Notes due 2026 (inclusive of the issuance of the Additional 4.375% 2026 Notes). Interest expense, amortization of deferred financing costs and amortization of premium on issuance of notes are reported as interest and debt financing expense on the consolidated statements of operations. During the nine months ended November 30, 2022 and November 30, 2021, the average dollar amount of 4.375% Notes 2026 outstanding was $175.0 million and $115.3 million, respectively. 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. 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. As of November 30, 2022, the total 4.35% Notes 2027 outstanding was $75.0 million. The 4.35% Notes 2027 are not listed and are issued in minimum denominations of $2,000 and integral multiples of $1,000 in excess thereof. As of February 28, 2022, there was $75.0 million outstanding. The carrying amount of the amount outstanding of 4.35% 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 November 30, 2022 and November 30, 2021, we recorded $0.8 million and $0.0 million, respectively, of interest expense and $0.1 million and $0.0 million, respectively, of amortization of deferred financing costs related to the 4.35% 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 November 30, 2022 and November 30, 2021, the average dollar amount of 4.35% Notes 2027 outstanding was $75.0 million and $0.0 million, respectively. For the nine months ended November 30, 2022 and November 30, 2021, we recorded $2.4 million and $0.0 million, respectively, of interest expense and $0.3 million and $0.0 million, respectively, of amortization of deferred financing costs related to the 4.35% 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 nine months ended November 30, 2022 and November 30, 2021, the average dollar amount of 4.35% Notes 2027 outstanding was $75.0 million and $0.0 million, respectively. 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.																									As of November 30, 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 note. 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		$ 40,000	40,000
4.375% Notes 2027 [Member]
Borrowings (Details) [Line Items]
Debentures outstanding amount																																		175,000,000		75,000,000
Debt instrument, description																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. 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. The net proceeds from the offering were used for general corporate purposes in accordance with our investment objective and strategies. 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 note.On August 15, 2022, the Company issued an additional $8.0 million in aggregate principal amount of the 6.00% 2027 Notes (the “Additional 6.00% 2027 Notes”) for net proceeds of $7.8 million, based on the public offering price of 97.80% of the aggregate principal amount of the 6.00% 2027 Notes. The Additional 6.00% 2027 Notes are treated as a single series with the existing 6.00% 2027 Notes under the indenture and had the same terms as the existing 6.00% 2027 Notes. The net proceeds from the offering were used for general corporate purposes in accordance with our investment objective and strategies. Additional offering costs incurred were approximately $0.03 million. Additional financing costs of $0.03 million related to the 6.00% 2027 Notes have been capitalized and are being amortized over the term of the 6.00% 2027 Notes. As of November 30, 2022, the carrying amount and fair value of the 6.00% 2027 Notes was $105.5 million and $97.1 million, respectively. The fair value of the 6.00% 2027 Notes, which are publicly traded, is based upon closing market quotes as of the measurement date and would be classified as a Level 1 liability within the fair value hierarchy. As of February 28, 2022, the carrying amount and fair value of the 6.00% 2027 Notes was $0.0 million and $0.0 million, respectively. For the three months ended November 30, 2022 and November 30, 2021, we recorded $1.6 million and $0.0 million, respectively, of interest expense and $0.2 million and $0.0 million, respectively, of amortization of deferred financing costs related to the 6.00% 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 November 30, 2022 and November 30, 2021, the average dollar amount of 6.00% Notes 2027 outstanding was $105.5 million and $0.0 million, respectively. For the nine months ended November 30, 2022 and November 30, 2021, we recorded $3.7 million and $0.0 million, respectively, of interest expense and $0.4 million and $0.0 million, respectively, of amortization of deferred financing costs related to the 6.00% 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 nine months ended November 30, 2022 and November 30, 2021, the average dollar amount of 6.00% Notes 2027 outstanding was $82.5 million and $0.0 million, respectively. On September 8, 2022, the Company issued $12.0 million in aggregate principal amount of our 7.00% fixed-rate notes due 2025 (the “7.00% 2025 Notes”) for net proceeds of $11.6 million after deducting customary fees and offering expenses of approximately $0.4 million. Interest on the 7.00% 2025 Notes is paid quarterly in arrears on February 28, May 31, August 31 and November 30, at a rate of 7.00% per year. The 7.00% 2025 Notes mature on September 8, 2025 and commencing September 8, 2024, 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 $0.05 million related to the 7.00% 2025 Notes have been capitalized and are being amortized over the term of the 7.00% 2025 Notes. As of November 30, 2022, the carrying amount of the 7.00% 2025 Notes was $12.0 million. As of February 28, 2022, the carrying amount of the 7.00% 2025 Notes was $0.0 million. For the three months ended November 30, 2022 and November 30, 2021, we recorded $0.2 million and $0.0 million, respectively, of interest expense and $0.03 million and $0.0 million, respectively, of amortization of deferred financing costs related to the 7.00% 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 November 30, 2022 and November 30, 2021, the average dollar amount of 7.00% Notes 2025 outstanding was $11.1 million and $0.0 million, respectively. For the nine months ended November 30, 2022 and November 30, 2021, we recorded $0.2 million and $0.0 million, respectively, of interest expense and $0.03 million and $0.0 million, respectively, of amortization of deferred financing costs related to the 7.00% 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 nine months ended November 30, 2022 and November 30, 2021, the average dollar amount of 7.00% Notes 2025 outstanding was $3.7 million and $0.0 million, respectively. On October 27, 2022, the Company issued $40.0 million in aggregate principal amount of our 8.00% fixed-rate notes due 2027 (the “8.00% 2027 Notes”) for net proceeds of $38.7 million after deducting underwriting commissions of approximately $1.3 million. Offering costs incurred were approximately $0.1 million. On November 10, 2022, the underwriters partially exercised their option to purchase an additional $6.0 million in aggregate principal amount of the 8.00% 2027 Notes. Net proceeds to the Company were $5.8 million after deducting underwriting commissions of approximately $0.2 million. Interest on the 8.00% 2027 Notes is paid quarterly in arrears on February 28, May 31, August 31 and November 30, at a rate of 8.00% per year, beginning February 28, 2023. The 8.00% 2027 Notes mature on October 31, 2027 and commencing October 27, 2024, 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 $1.3 million related to the 8.00% 2027 Notes have been capitalized and are being amortized over the term of the 8.00% 2027 Notes. The 8.00% 2027 Notes are listed on the NYSE under the trading symbol “SAJ” with a par value of $25.00 per note. As of November 30, 2022, the carrying amount and fair value of the 8.00% 2027 Notes was $46.0 million and $46.2 million, respectively. The fair value of the 8.00% 2027 Notes, which are publicly traded, is based upon closing market quotes as of the measurement date and would be classified as a Level 1 liability within the fair value hierarchy. As of February 28, 2022, the carrying amount and fair value of the 8.00% 2027 Notes was $0.0 million and $0.0 million, respectively. For the three months ended November 30, 2022 and November 30, 2021, we recorded $0.3 million and $0.0 million, respectively, of interest expense and $0.03 million and $0.0 million, respectively, of amortization of deferred financing costs related to the 8.00% 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 November 30, 2022 and November 30, 2021, the average dollar amount of 8.00% Notes 2027 outstanding was $16.9 million and $0.0 million, respectively. For the nine months ended November 30, 2022 and November 30, 2021, we recorded $0.3 million and $0.0 million, respectively, of interest expense and $0.03 million and $0.0 million, respectively, of amortization of deferred financing costs related to the 8.00% Notes 2027. Interest expense and amortization of deferred financing costs are reported as interest and debt financing expense on the consolidated statements of operations.		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. 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.As of November 30, 2022, the total 4.35% Notes 2027 outstanding was $75.0 million. The 4.35% Notes 2027 are not listed and are issued in minimum denominations of $2,000 and integral multiples of $1,000 in excess thereof. As of February 28, 2022, there was $75.0 million outstanding. The carrying amount of the amount outstanding of 4.35% 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 November 30, 2022 and November 30, 2021, we recorded $0.8 million and $0.0 million, respectively, of interest expense and $0.1 million and $0.0 million, respectively, of amortization of deferred financing costs related to the 4.35% 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 November 30, 2022 and November 30, 2021, the average dollar amount of 4.35% Notes 2027 outstanding was $75.0 million and $0.0 million, respectively. For the nine months ended November 30, 2022 and November 30, 2021, we recorded $2.4 million and $0.0 million, respectively, of interest expense and $0.3 million and $0.0 million, respectively, of amortization of deferred financing costs related to the 4.35% 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 nine months ended November 30, 2022 and November 30, 2021, the average dollar amount of 4.35% Notes 2027 outstanding was $75.0 million and $0.0 million, respectively. 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. 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. The net proceeds from the offering were used for general corporate purposes in accordance with our investment objective and strategies. 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 note. On August 15, 2022, the Company issued an additional $8.0 million in aggregate principal amount of the 6.00% 2027 Notes (the “Additional 6.00% 2027 Notes”) for net proceeds of $7.8 million, based on the public offering price of 97.80% of the aggregate principal amount of the 6.00% 2027 Notes. The Additional 6.00% 2027 Notes are treated as a single series with the existing 6.00% 2027 Notes under the indenture and had the same terms as the existing 6.00% 2027 Notes. The net proceeds from the offering were used for general corporate purposes in accordance with our investment objective and strategies. Additional offering costs incurred were approximately $0.03 million. Additional financing costs of $0.03 million related to the 6.00% 2027 Notes have been capitalized and are being amortized over the term of the 6.00% 2027 Notes. As of November 30, 2022, the carrying amount and fair value of the 6.00% 2027 Notes was $105.5 million and $97.1 million, respectively. The fair value of the 6.00% 2027 Notes, which are publicly traded, is based upon closing market quotes as of the measurement date and would be classified as a Level 1 liability within the fair value hierarchy. As of February 28, 2022, the carrying amount and fair value of the 6.00% 2027 Notes was $0.0 million and $0.0 million, respectively. For the three months ended November 30, 2022 and November 30, 2021, we recorded $1.6 million and $0.0 million, respectively, of interest expense and $0.2 million and $0.0 million, respectively, of amortization of deferred financing costs related to the 6.00% 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 November 30, 2022 and November 30, 2021, the average dollar amount of 6.00% Notes 2027 outstanding was $105.5 million and $0.0 million, respectively. For the nine months ended November 30, 2022 and November 30, 2021, we recorded $3.7 million and $0.0 million, respectively, of interest expense and $0.4 million and $0.0 million, respectively, of amortization of deferred financing costs related to the 6.00% 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 nine months ended November 30, 2022 and November 30, 2021, the average dollar amount of 6.00% Notes 2027 outstanding was $82.5 million and $0.0 million, respectively. On September 8, 2022, the Company issued $12.0 million in aggregate principal amount of our 7.00% fixed-rate notes due 2025 (the “7.00% 2025 Notes”) for net proceeds of $11.6 million after deducting customary fees and offering expenses of approximately $0.4 million. Interest on the 7.00% 2025 Notes is paid quarterly in arrears on February 28, May 31, August 31 and November 30, at a rate of 7.00% per year. The 7.00% 2025 Notes mature on September 8, 2025 and commencing September 8, 2024, 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 $0.05 million related to the 7.00% 2025 Notes have been capitalized and are being amortized over the term of the 7.00% 2025 Notes. As of November 30, 2022, the carrying amount of the 7.00% 2025 Notes was $12.0 million. As of February 28, 2022, the carrying amount of the 7.00% 2025 Notes was $0.0 million. For the three months ended November 30, 2022 and November 30, 2021, we recorded $0.2 million and $0.0 million, respectively, of interest expense and $0.03 million and $0.0 million, respectively, of amortization of deferred financing costs related to the 7.00% 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 November 30, 2022 and November 30, 2021, the average dollar amount of 7.00% Notes 2025 outstanding was $11.1 million and $0.0 million, respectively. For the nine months ended November 30, 2022 and November 30, 2021, we recorded $0.2 million and $0.0 million, respectively, of interest expense and $0.03 million and $0.0 million, respectively, of amortization of deferred financing costs related to the 7.00% 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 nine months ended November 30, 2022 and November 30, 2021, the average dollar amount of 7.00% Notes 2025 outstanding was $3.7 million and $0.0 million, respectively. On October 27, 2022, the Company issued $40.0 million in aggregate principal amount of our 8.00% fixed-rate notes due 2027 (the “8.00% 2027 Notes”) for net proceeds of $38.7 million after deducting underwriting commissions of approximately $1.3 million. Offering costs incurred were approximately $0.1 million. On November 10, 2022, the underwriters partially exercised their option to purchase an additional $6.0 million in aggregate principal amount of the 8.00% 2027 Notes. Net proceeds to the Company were $5.8 million after deducting underwriting commissions of approximately $0.2 million. Interest on the 8.00% 2027 Notes is paid quarterly in arrears on February 28, May 31, August 31 and November 30, at a rate of 8.00% per year, beginning February 28, 2023. The 8.00% 2027 Notes mature on October 31, 2027 and commencing October 27, 2024, 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 $1.3 million related to the 8.00% 2027 Notes have been capitalized and are being amortized over the term of the 8.00% 2027 Notes. The 8.00% 2027 Notes are listed on the NYSE under the trading symbol “SAJ” with a par value of $25.00 per note. As of November 30, 2022, the carrying amount and fair value of the 8.00% 2027 Notes was $46.0 million and $46.2 million, respectively. The fair value of the 8.00% 2027 Notes, which are publicly traded, is based upon closing market quotes as of the measurement date and would be classified as a Level 1 liability within the fair value hierarchy. As of February 28, 2022, the carrying amount and fair value of the 8.00% 2027 Notes was $0.0 million and $0.0 million, respectively. For the three months ended November 30, 2022 and November 30, 2021, we recorded $0.3 million and $0.0 million, respectively, of interest expense and $0.03 million and $0.0 million, respectively, of amortization of deferred financing costs related to the 8.00% 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 November 30, 2022 and November 30, 2021, the average dollar amount of 8.00% Notes 2027 outstanding was $16.9 million and $0.0 million, respectively. For the nine months ended November 30, 2022 and November 30, 2021, we recorded $0.3 million and $0.0 million, respectively, of interest expense and $0.03 million and $0.0 million, respectively, of amortization of deferred financing costs related to the 8.00% Notes 2027. Interest expense and amortization of deferred financing costs are reported as interest and debt financing expense on the consolidated statements of operations.			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 note.
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
6.25% Notes 2027 [Member]
Borrowings (Details) [Line Items]
Interest expense																																		700,000	700,000
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. 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. On July 15, 2021, the Company issued an additional $125.0 million in aggregate principal amount of the Company’s 4.375% Notes 2026 (the “Additional 4.375% 2026 Notes”) for net proceeds for approximately $123.5 million, based on the public offering price of 101.00% of the aggregate principal amount of the Additional 4.375% 2026 Notes, after deducting the underwriting discount of $2.5 million and the offering expenses payable by the Company. The Additional 4.375% 2026 Notes are treated as a single series with the existing 4.375% 2026 Notes under the indenture and had the same terms as the existing 4.375% 2026 Notes. The net proceeds from the offering were used to redeem all of the outstanding 6.25% 2025 Notes (as described above), and for general corporate purposes in accordance with our investment objective and strategies. Financing costs of $2.7 million have been capitalized and are being amortized over the term of the additional 4.375% 2026 Notes. As of November 30, 2022, the total 4.375% Notes 2026 outstanding was $175.0 million. The 4.375% Notes 2026 are not listed and are issued in minimum denominations of $2,000 and integral multiples of $1,000 in excess thereof. As of February 28, 2022, there was $175.0 million outstanding of the 4.375% Notes 2026. The carrying amount of the amount outstanding of 4.375% Notes 2026 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 November 30, 2022 and November 30, 2021, we recorded $1.9 million and $1.9 million, respectively, of interest expense, $0.2 million and $0.1 million, respectively, of amortization of deferred financing costs and $0.07 million and $0.07 million, respectively, of amortization of premium on issuance of 4.375% Notes due 2026 (inclusive of the issuance of the Additional 4.375% 2026 Notes). Interest expense, amortization of deferred financing costs and amortization of premium on issuance of notes are reported as interest and debt financing expense on the consolidated statements of operations. During the three months ended November 30, 2022 and November 30, 2021, the average dollar amount of 4.375% Notes 2026 outstanding was $175.0 million and $175.0 million, respectively. For the nine months ended November 30, 2022 and November 30, 2021, we recorded $5.7 million and $3.6 million, respectively, of interest expense, $0.6 million and $0.3 million, respectively, of amortization of deferred financing costs and $0.2 million and $0.09 million, respectively, of amortization of premium on issuance of 4.375% Notes due 2026 (inclusive of the issuance of the Additional 4.375% 2026 Notes). Interest expense, amortization of deferred financing costs and amortization of premium on issuance of notes are reported as interest and debt financing expense on the consolidated statements of operations. During the nine months ended November 30, 2022 and November 30, 2021, the average dollar amount of 4.375% Notes 2026 outstanding was $175.0 million and $115.3 million, respectively. 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.
Deferred financing costs																															20,000	20,000		50,000	50,000
6.25% Notes 2027 [Member] | Minimum [Member]
Borrowings (Details) [Line Items]
Debentures outstanding amount																															15,000,000	15,000,000
6.25% Notes 2027 [Member] | Maximum [Member]
Borrowings (Details) [Line Items]
Debentures outstanding amount																															15,000,000	15,000,000
4.375% Notes 2026 [Member]
Borrowings (Details) [Line Items]
Financing costs						$ 2,700,000
Interest expense																																		5,700,000	3,600,000
Outstanding principal amount						125,000,000
Debentures outstanding amount																																		175,000,000	115,300,000	175,000,000
Net proceeds amount						123,500,000
Deducting underwriting commissions amount						$ 2,500,000
Deferred financing costs																															100,000	200,000		600,000	300,000
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																															70,000	70,000		200,000	90,000
4.375% Notes 2026 [Member] | Fair Value [Member]
Borrowings (Details) [Line Items]
Debentures outstanding amount																															175,000,000	175,000,000
4.35% Notes 2027 [Member]
Borrowings (Details) [Line Items]
Interest expense																																		2,400,000	0
Debentures outstanding amount																															75,000,000	0		75,000,000	0
Deferred financing costs																															100,000	0		300,000	0
8.00% 2027 Notes [Member]
Borrowings (Details) [Line Items]
Interest expense																															300,000	0		300,000	0
Outstanding principal amount																	0														46,000,000			46,000,000		0
Debentures outstanding amount																															16,900,000	0		5,600,000	0
Debt instrument, description														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. 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. The net proceeds from the offering were used for general corporate purposes in accordance with our investment objective and strategies. 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 note.On August 15, 2022, the Company issued an additional $8.0 million in aggregate principal amount of the 6.00% 2027 Notes (the “Additional 6.00% 2027 Notes”) for net proceeds of $7.8 million, based on the public offering price of 97.80% of the aggregate principal amount of the 6.00% 2027 Notes. The Additional 6.00% 2027 Notes are treated as a single series with the existing 6.00% 2027 Notes under the indenture and had the same terms as the existing 6.00% 2027 Notes. The net proceeds from the offering were used for general corporate purposes in accordance with our investment objective and strategies. Additional offering costs incurred were approximately $0.03 million. Additional financing costs of $0.03 million related to the 6.00% 2027 Notes have been capitalized and are being amortized over the term of the 6.00% 2027 Notes. As of November 30, 2022, the carrying amount and fair value of the 6.00% 2027 Notes was $105.5 million and $97.1 million, respectively. The fair value of the 6.00% 2027 Notes, which are publicly traded, is based upon closing market quotes as of the measurement date and would be classified as a Level 1 liability within the fair value hierarchy. As of February 28, 2022, the carrying amount and fair value of the 6.00% 2027 Notes was $0.0 million and $0.0 million, respectively. For the three months ended November 30, 2022 and November 30, 2021, we recorded $1.6 million and $0.0 million, respectively, of interest expense and $0.2 million and $0.0 million, respectively, of amortization of deferred financing costs related to the 6.00% 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 November 30, 2022 and November 30, 2021, the average dollar amount of 6.00% Notes 2027 outstanding was $105.5 million and $0.0 million, respectively. For the nine months ended November 30, 2022 and November 30, 2021, we recorded $3.7 million and $0.0 million, respectively, of interest expense and $0.4 million and $0.0 million, respectively, of amortization of deferred financing costs related to the 6.00% 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 nine months ended November 30, 2022 and November 30, 2021, the average dollar amount of 6.00% Notes 2027 outstanding was $82.5 million and $0.0 million, respectively. On September 8, 2022, the Company issued $12.0 million in aggregate principal amount of our 7.00% fixed-rate notes due 2025 (the “7.00% 2025 Notes”) for net proceeds of $11.6 million after deducting customary fees and offering expenses of approximately $0.4 million. Interest on the 7.00% 2025 Notes is paid quarterly in arrears on February 28, May 31, August 31 and November 30, at a rate of 7.00% per year. The 7.00% 2025 Notes mature on September 8, 2025 and commencing September 8, 2024, 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 $0.05 million related to the 7.00% 2025 Notes have been capitalized and are being amortized over the term of the 7.00% 2025 Notes. As of November 30, 2022, the carrying amount of the 7.00% 2025 Notes was $12.0 million. As of February 28, 2022, the carrying amount of the 7.00% 2025 Notes was $0.0 million. For the three months ended November 30, 2022 and November 30, 2021, we recorded $0.2 million and $0.0 million, respectively, of interest expense and $0.03 million and $0.0 million, respectively, of amortization of deferred financing costs related to the 7.00% 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 November 30, 2022 and November 30, 2021, the average dollar amount of 7.00% Notes 2025 outstanding was $11.1 million and $0.0 million, respectively. For the nine months ended November 30, 2022 and November 30, 2021, we recorded $0.2 million and $0.0 million, respectively, of interest expense and $0.03 million and $0.0 million, respectively, of amortization of deferred financing costs related to the 7.00% 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 nine months ended November 30, 2022 and November 30, 2021, the average dollar amount of 7.00% Notes 2025 outstanding was $3.7 million and $0.0 million, respectively. On October 27, 2022, the Company issued $40.0 million in aggregate principal amount of our 8.00% fixed-rate notes due 2027 (the “8.00% 2027 Notes”) for net proceeds of $38.7 million after deducting underwriting commissions of approximately $1.3 million. Offering costs incurred were approximately $0.1 million. On November 10, 2022, the underwriters partially exercised their option to purchase an additional $6.0 million in aggregate principal amount of the 8.00% 2027 Notes. Net proceeds to the Company were $5.8 million after deducting underwriting commissions of approximately $0.2 million. Interest on the 8.00% 2027 Notes is paid quarterly in arrears on February 28, May 31, August 31 and November 30, at a rate of 8.00% per year, beginning February 28, 2023. The 8.00% 2027 Notes mature on October 31, 2027 and commencing October 27, 2024, 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 $1.3 million related to the 8.00% 2027 Notes have been capitalized and are being amortized over the term of the 8.00% 2027 Notes. The 8.00% 2027 Notes are listed on the NYSE under the trading symbol “SAJ” with a par value of $25.00 per note. As of November 30, 2022, the carrying amount and fair value of the 8.00% 2027 Notes was $46.0 million and $46.2 million, respectively. The fair value of the 8.00% 2027 Notes, which are publicly traded, is based upon closing market quotes as of the measurement date and would be classified as a Level 1 liability within the fair value hierarchy. As of February 28, 2022, the carrying amount and fair value of the 8.00% 2027 Notes was $0.0 million and $0.0 million, respectively. For the three months ended November 30, 2022 and November 30, 2021, we recorded $0.3 million and $0.0 million, respectively, of interest expense and $0.03 million and $0.0 million, respectively, of amortization of deferred financing costs related to the 8.00% 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 November 30, 2022 and November 30, 2021, the average dollar amount of 8.00% Notes 2027 outstanding was $16.9 million and $0.0 million, respectively. For the nine months ended November 30, 2022 and November 30, 2021, we recorded $0.3 million and $0.0 million, respectively, of interest expense and $0.03 million and $0.0 million, respectively, of amortization of deferred financing costs related to the 8.00% Notes 2027. Interest expense and amortization of deferred financing costs are reported as interest and debt financing expense on the consolidated statements of operations.
Fair value																	0														46,200,000			46,200,000		0
Deferred financing costs																															30,000	0		30,000	0
6.00% 2027 Notes [Member]
Borrowings (Details) [Line Items]
Interest expense																																		3,700,000	0
Outstanding principal amount		$ 8,000,000															0														105,500,000			105,500,000		0
Debentures outstanding amount																															105,500,000	0		82,500,000	0
Net proceeds amount		$ 7,800,000
Fair value																	0														97,100,000			97,100,000		0
Deferred financing costs																															200,000	0		400,000	0
Public offering price percentage		97.80%
Incurred cost		$ 30,000
Financing cost		$ 30,000
Note seven [Member]
Borrowings (Details) [Line Items]
Interest expense																															200,000	0		200,000	0
Outstanding principal amount																	$ 0														12,000,000			12,000,000		$ 0
Debentures outstanding amount																															11,100,000	0		3,700,000	0
Debt instrument, description	For the three months ended November 30, 2022 and November 30, 2021, we recorded $1.6 million and $0.0 million, respectively, of interest expense and $0.2 million and $0.0 million, respectively, of amortization of deferred financing costs related to the 6.00% 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 November 30, 2022 and November 30, 2021, the average dollar amount of 6.00% Notes 2027 outstanding was $105.5 million and $0.0 million, respectively. For the nine months ended November 30, 2022 and November 30, 2021, we recorded $3.7 million and $0.0 million, respectively, of interest expense and $0.4 million and $0.0 million, respectively, of amortization of deferred financing costs related to the 6.00% 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 nine months ended November 30, 2022 and November 30, 2021, the average dollar amount of 6.00% Notes 2027 outstanding was $82.5 million and $0.0 million, respectively. On September 8, 2022, the Company issued $12.0 million in aggregate principal amount of our 7.00% fixed-rate notes due 2025 (the “7.00% 2025 Notes”) for net proceeds of $11.6 million after deducting customary fees and offering expenses of approximately $0.4 million. Interest on the 7.00% 2025 Notes is paid quarterly in arrears on February 28, May 31, August 31 and November 30, at a rate of 7.00% per year. The 7.00% 2025 Notes mature on September 8, 2025 and commencing September 8, 2024, 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 $0.05 million related to the 7.00% 2025 Notes have been capitalized and are being amortized over the term of the 7.00% 2025 Notes. As of November 30, 2022, the carrying amount of the 7.00% 2025 Notes was $12.0 million. As of February 28, 2022, the carrying amount of the 7.00% 2025 Notes was $0.0 million. For the three months ended November 30, 2022 and November 30, 2021, we recorded $0.2 million and $0.0 million, respectively, of interest expense and $0.03 million and $0.0 million, respectively, of amortization of deferred financing costs related to the 7.00% 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 November 30, 2022 and November 30, 2021, the average dollar amount of 7.00% Notes 2025 outstanding was $11.1 million and $0.0 million, respectively. For the nine months ended November 30, 2022 and November 30, 2021, we recorded $0.2 million and $0.0 million, respectively, of interest expense and $0.03 million and $0.0 million, respectively, of amortization of deferred financing costs related to the 7.00% 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 nine months ended November 30, 2022 and November 30, 2021, the average dollar amount of 7.00% Notes 2025 outstanding was $3.7 million and $0.0 million, respectively. On October 27, 2022, the Company issued $40.0 million in aggregate principal amount of our 8.00% fixed-rate notes due 2027 (the “8.00% 2027 Notes”) for net proceeds of $38.7 million after deducting underwriting commissions of approximately $1.3 million. Offering costs incurred were approximately $0.1 million. On November 10, 2022, the underwriters partially exercised their option to purchase an additional $6.0 million in aggregate principal amount of the 8.00% 2027 Notes. Net proceeds to the Company were $5.8 million after deducting underwriting commissions of approximately $0.2 million. Interest on the 8.00% 2027 Notes is paid quarterly in arrears on February 28, May 31, August 31 and November 30, at a rate of 8.00% per year, beginning February 28, 2023. The 8.00% 2027 Notes mature on October 31, 2027 and commencing October 27, 2024, 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 $1.3 million related to the 8.00% 2027 Notes have been capitalized and are being amortized over the term of the 8.00% 2027 Notes. The 8.00% 2027 Notes are listed on the NYSE under the trading symbol “SAJ” with a par value of $25.00 per note. As of November 30, 2022, the carrying amount and fair value of the 8.00% 2027 Notes was $46.0 million and $46.2 million, respectively. The fair value of the 8.00% 2027 Notes, which are publicly traded, is based upon closing market quotes as of the measurement date and would be classified as a Level 1 liability within the fair value hierarchy. As of February 28, 2022, the carrying amount and fair value of the 8.00% 2027 Notes was $0.0 million and $0.0 million, respectively. For the three months ended November 30, 2022 and November 30, 2021, we recorded $0.3 million and $0.0 million, respectively, of interest expense and $0.03 million and $0.0 million, respectively, of amortization of deferred financing costs related to the 8.00% 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 November 30, 2022 and November 30, 2021, the average dollar amount of 8.00% Notes 2027 outstanding was $16.9 million and $0.0 million, respectively. For the nine months ended November 30, 2022 and November 30, 2021, we recorded $0.3 million and $0.0 million, respectively, of interest expense and $0.03 million and $0.0 million, respectively, of amortization of deferred financing costs related to the 8.00% Notes 2027. Interest expense and amortization of deferred financing costs are reported as interest and debt financing expense on the consolidated statements of operations.
Deferred financing costs																															$ 30,000	0		$ 30,000	0
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%														173.20%			173.20%		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																															$ 32,800,000			25,000,000		$ 12,500,000
Financing costs																																		1,400,000
Interest expense																															600,000	200,000		1,200,000	600,000
Amortization of deferred financing cost																															$ 100,000	$ 80,000		$ 300,000	$ 200,000
Average interest rate																															7.19%			6.16%
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																															$ 69,800,000			$ 69,800,000
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	9 Months Ended
	Nov. 30, 2022 USD ($) $ / shares
Credit Facility with Encina Lender Finance, LLC [Member] | Fiscal year 2023 (as of November 30, 2022) [Member]
Credit Facility with Encina Lender Finance, LLC
Revolving credit facility (in Dollars)	$ 25,000	[1]
Asset Coverage per Unit (in Dollars)	$ 1,732	[2]
Involuntary Liquidating Preference per Share | $ / shares		[3]
Average Market Value per Share | $ / shares		[4]
Credit Facility with Encina Lender Finance, LLC [Member] | Fiscal year 2022 (as of February 28, 2022) [Member]
Credit Facility with Encina Lender Finance, LLC
Revolving credit facility (in Dollars)	$ 12,500	[1]
Asset Coverage per Unit (in Dollars)	$ 2,093	[2]
Involuntary Liquidating Preference per Share | $ / shares		[3]
Average Market Value per Share | $ / shares		[4]
Credit Facility with Madison Capital Funding [Member] | Fiscal year 2021 (as of February 28, 2021) [Member]
Credit Facility with Encina Lender Finance, LLC
Revolving credit facility (in Dollars)		[1],[5]
Asset Coverage per Unit (in Dollars)	$ 3,471	[2],[5]
Involuntary Liquidating Preference per Share | $ / shares		[3],[5]
Average Market Value per Share | $ / shares		[4],[5]
Credit Facility with Madison Capital Funding [Member] | Fiscal year 2020 (as of February 29, 2020) [Member]
Credit Facility with Encina Lender Finance, LLC
Revolving credit facility (in Dollars)		[1],[5]
Asset Coverage per Unit (in Dollars)	$ 6,071	[2],[5]
Involuntary Liquidating Preference per Share | $ / shares		[3],[5]
Average Market Value per Share | $ / shares		[4],[5]
Credit Facility with Madison Capital Funding [Member] | Fiscal year 2019 (as of February 28, 2019) [Member]
Credit Facility with Encina Lender Finance, LLC
Revolving credit facility (in Dollars)		[1],[5]
Asset Coverage per Unit (in Dollars)	$ 2,345	[2],[5]
Involuntary Liquidating Preference per Share | $ / shares		[3],[5]
Average Market Value per Share | $ / shares		[4],[5]
Credit Facility with Madison Capital Funding [Member] | Fiscal year 2018 (as of February 28, 2018) [Member]
Credit Facility with Encina Lender Finance, LLC
Revolving credit facility (in Dollars)		[1],[5]
Asset Coverage per Unit (in Dollars)	$ 2,930	[2],[5]
Involuntary Liquidating Preference per Share | $ / shares		[3],[5]
Average Market Value per Share | $ / shares		[4],[5]
Credit Facility with Madison Capital Funding [Member] | Fiscal year 2017 (as of February 28, 2017) [Member]
Credit Facility with Encina Lender Finance, LLC
Revolving credit facility (in Dollars)		[1],[5]
Asset Coverage per Unit (in Dollars)	$ 2,710	[2],[5]
Involuntary Liquidating Preference per Share | $ / shares		[3],[5]
Average Market Value per Share | $ / shares		[4],[5]
Credit Facility with Madison Capital Funding [Member] | Fiscal year 2016 (as of February 29, 2016) [Member]
Credit Facility with Encina Lender Finance, LLC
Revolving credit facility (in Dollars)		[1],[5]
Asset Coverage per Unit (in Dollars)	$ 3,025	[2],[5]
Involuntary Liquidating Preference per Share | $ / shares		[3],[5]
Average Market Value per Share | $ / shares		[4],[5]
Credit Facility with Madison Capital Funding [Member] | Fiscal year 2015 (as of February 28, 2015) [Member]
Credit Facility with Encina Lender Finance, LLC
Revolving credit facility (in Dollars)	$ 9,600	[1],[5]
Asset Coverage per Unit (in Dollars)	$ 3,117	[2],[5]
Involuntary Liquidating Preference per Share | $ / shares		[3],[5]
Average Market Value per Share | $ / shares		[4],[5]
Credit Facility with Madison Capital Funding [Member] | Fiscal year 2014 (as of February 28, 2014) [Member]
Credit Facility with Encina Lender Finance, LLC
Revolving credit facility (in Dollars)		[1],[5]
Asset Coverage per Unit (in Dollars)	$ 3,348	[2],[5]
Involuntary Liquidating Preference per Share | $ / shares		[3],[5]
Average Market Value per Share | $ / shares		[4],[5]
Credit Facility with Madison Capital Funding [Member] | Fiscal year 2013 (as of February 28, 2013) [Member]
Credit Facility with Encina Lender Finance, LLC
Revolving credit facility (in Dollars)	$ 24,300	[1],[5]
Asset Coverage per Unit (in Dollars)	$ 5,421	[2],[5]
Involuntary Liquidating Preference per Share | $ / shares		[3],[5]
Average Market Value per Share | $ / shares		[4],[5]
Credit Facility with Madison Capital Funding [Member] | Fiscal year 2012 (as of February 29, 2012) [Member]
Credit Facility with Encina Lender Finance, LLC
Revolving credit facility (in Dollars)	$ 20,000	[1],[5]
Asset Coverage per Unit (in Dollars)	$ 5,834	[2],[5]
Involuntary Liquidating Preference per Share | $ / shares		[3],[5]
Average Market Value per Share | $ / shares		[4],[5]
Credit Facility with Madison Capital Funding [Member] | Fiscal year 2011 (as of February 28, 2011) [Member]
Credit Facility with Encina Lender Finance, LLC
Revolving credit facility (in Dollars)	$ 4,500	[1],[5]
Asset Coverage per Unit (in Dollars)	$ 20,077	[2],[5]
Involuntary Liquidating Preference per Share | $ / shares		[3],[5]
Average Market Value per Share | $ / shares		[4],[5]
Credit Facility with Madison Capital Funding [Member] | Fiscal year 2010 (as of February 28, 2010) [Member]
Credit Facility with Encina Lender Finance, LLC
Revolving credit facility (in Dollars)		[1],[5]
Asset Coverage per Unit (in Dollars)		[2],[5]
Involuntary Liquidating Preference per Share | $ / shares		[3],[5]
Average Market Value per Share | $ / shares		[4],[5]
Credit Facility with Madison Capital Funding [Member] | Fiscal year 2009 (as of February 28, 2009) [Member]
Credit Facility with Encina Lender Finance, LLC
Revolving credit facility (in Dollars)		[1],[5]
Asset Coverage per Unit (in Dollars)		[2],[5]
Involuntary Liquidating Preference per Share | $ / shares		[3],[5]
Average Market Value per Share | $ / shares		[4],[5]
Credit Facility with Madison Capital Funding [Member] | Fiscal year 2008 (as of February 29, 2008) [Member]
Credit Facility with Encina Lender Finance, LLC
Revolving credit facility (in Dollars)		[1],[5]
Asset Coverage per Unit (in Dollars)		[2],[5]
Involuntary Liquidating Preference per Share | $ / shares		[3],[5]
Average Market Value per Share | $ / shares		[4],[5]
Credit Facility with Madison Capital Funding [Member] | Fiscal year 2007 (as of February 28, 2007) [Member]
Credit Facility with Encina Lender Finance, LLC
Revolving credit facility (in Dollars)		[1],[5]
Asset Coverage per Unit (in Dollars)		[2],[5]
Involuntary Liquidating Preference per Share | $ / shares		[3],[5]
Average Market Value per Share | $ / shares		[4],[5]
7.50% Notes due 2020 [Member] | Fiscal year 2017 (as of February 28, 2017) [Member]
Credit Facility with Encina Lender Finance, LLC
Revolving credit facility (in Dollars)		[1],[6]
Asset Coverage per Unit (in Dollars)		[2],[6]
Involuntary Liquidating Preference per Share | $ / shares		[3],[6]
Average Market Value per Share | $ / shares		[4],[6]
7.50% Notes due 2020 [Member] | Fiscal year 2016 (as of February 29, 2016) [Member]
Credit Facility with Encina Lender Finance, LLC
Revolving credit facility (in Dollars)	$ 61,793	[1],[6]
Asset Coverage per Unit (in Dollars)	$ 3,025	[2],[6]
Involuntary Liquidating Preference per Share | $ / shares		[3],[6]
Average Market Value per Share | $ / shares	$ 25,240	[4],[6],[7]
7.50% Notes due 2020 [Member] | Fiscal year 2015 (as of February 28, 2015) [Member]
Credit Facility with Encina Lender Finance, LLC
Revolving credit facility (in Dollars)	$ 48,300	[1],[6]
Asset Coverage per Unit (in Dollars)	$ 3,117	[2],[6]
Involuntary Liquidating Preference per Share | $ / shares		[3],[6]
Average Market Value per Share | $ / shares	$ 25,460	[4],[6],[7]
7.50% Notes due 2020 [Member] | Fiscal year 2014 (as of February 28, 2014) [Member]
Credit Facility with Encina Lender Finance, LLC
Revolving credit facility (in Dollars)	$ 48,300	[1],[6]
Asset Coverage per Unit (in Dollars)	$ 3,348	[2],[6]
Involuntary Liquidating Preference per Share | $ / shares		[3],[6]
Average Market Value per Share | $ / shares	$ 25,180	[4],[6],[7]
7.50% Notes due 2020 [Member] | Fiscal year 2013 (as of February 28, 2013) [Member]
Credit Facility with Encina Lender Finance, LLC
Revolving credit facility (in Dollars)		[1],[6]
Asset Coverage per Unit (in Dollars)		[2],[6]
Involuntary Liquidating Preference per Share | $ / shares		[3],[6]
Average Market Value per Share | $ / shares		[4],[6]
7.50% Notes due 2020 [Member] | Fiscal year 2012 (as of February 29, 2012) [Member]
Credit Facility with Encina Lender Finance, LLC
Revolving credit facility (in Dollars)		[1],[6]
Asset Coverage per Unit (in Dollars)		[2],[6]
Involuntary Liquidating Preference per Share | $ / shares		[3],[6]
Average Market Value per Share | $ / shares		[4],[6]
7.50% Notes due 2020 [Member] | Fiscal year 2011 (as of February 28, 2011) [Member]
Credit Facility with Encina Lender Finance, LLC
Revolving credit facility (in Dollars)		[1],[6]
Asset Coverage per Unit (in Dollars)		[2],[6]
Involuntary Liquidating Preference per Share | $ / shares		[3],[6]
Average Market Value per Share | $ / shares		[4],[6]
7.50% Notes due 2020 [Member] | Fiscal year 2010 (as of February 28, 2010) [Member]
Credit Facility with Encina Lender Finance, LLC
Revolving credit facility (in Dollars)		[1],[6]
Asset Coverage per Unit (in Dollars)		[2],[6]
Involuntary Liquidating Preference per Share | $ / shares		[3],[6]
Average Market Value per Share | $ / shares		[4],[6]
7.50% Notes due 2020 [Member] | Fiscal year 2009 (as of February 28, 2009) [Member]
Credit Facility with Encina Lender Finance, LLC
Revolving credit facility (in Dollars)		[1],[6]
Asset Coverage per Unit (in Dollars)		[2],[6]
Involuntary Liquidating Preference per Share | $ / shares		[3],[6]
Average Market Value per Share | $ / shares		[4],[6]
7.50% Notes due 2020 [Member] | Fiscal year 2008 (as of February 29, 2008) [Member]
Credit Facility with Encina Lender Finance, LLC
Revolving credit facility (in Dollars)		[1],[6]
Asset Coverage per Unit (in Dollars)		[2],[6]
Involuntary Liquidating Preference per Share | $ / shares		[3],[6]
Average Market Value per Share | $ / shares		[4],[6]
7.50% Notes due 2020 [Member] | Fiscal year 2007 (as of February 28, 2007) [Member]
Credit Facility with Encina Lender Finance, LLC
Revolving credit facility (in Dollars)		[1],[6]
Asset Coverage per Unit (in Dollars)		[2],[6]
Involuntary Liquidating Preference per Share | $ / shares		[3],[6]
Average Market Value per Share | $ / shares		[4],[6]
6.75% Notes due 2023 [Member] | Fiscal year 2020 (as of February 29, 2020) [Member]
Credit Facility with Encina Lender Finance, LLC
Revolving credit facility (in Dollars)		[1],[8]
Asset Coverage per Unit (in Dollars)		[2],[8]
Involuntary Liquidating Preference per Share | $ / shares		[3],[8]
Average Market Value per Share | $ / shares		[4],[8]
6.75% Notes due 2023 [Member] | Fiscal year 2019 (as of February 28, 2019) [Member]
Credit Facility with Encina Lender Finance, LLC
Revolving credit facility (in Dollars)	$ 74,451	[1],[8]
Asset Coverage per Unit (in Dollars)	$ 2,345	[2],[8]
Involuntary Liquidating Preference per Share | $ / shares		[3],[8]
Average Market Value per Share | $ / shares	$ 25,740	[4],[8],[9]
6.75% Notes due 2023 [Member] | Fiscal year 2018 (as of February 28, 2018) [Member]
Credit Facility with Encina Lender Finance, LLC
Revolving credit facility (in Dollars)	$ 74,451	[1],[8]
Asset Coverage per Unit (in Dollars)	$ 2,930	[2],[8]
Involuntary Liquidating Preference per Share | $ / shares		[3],[8]
Average Market Value per Share | $ / shares	$ 26,050	[4],[8],[9]
6.75% Notes due 2023 [Member] | Fiscal year 2017 (as of February 28, 2017) [Member]
Credit Facility with Encina Lender Finance, LLC
Revolving credit facility (in Dollars)	$ 74,451	[1],[8]
Asset Coverage per Unit (in Dollars)	$ 2,710	[2],[8]
Involuntary Liquidating Preference per Share | $ / shares		[3],[8]
Average Market Value per Share | $ / shares	$ 25,890	[4],[8],[9]
6.25% Notes due 2025 [Member] | Fiscal year 2022 (as of February 28, 2022) [Member]
Credit Facility with Encina Lender Finance, LLC
Revolving credit facility (in Dollars)		[1],[10]
Asset Coverage per Unit (in Dollars)		[2],[10]
Involuntary Liquidating Preference per Share | $ / shares		[3],[10]
Average Market Value per Share | $ / shares		[4],[10]
6.25% Notes due 2025 [Member] | Fiscal year 2021 (as of February 28, 2021) [Member]
Credit Facility with Encina Lender Finance, LLC
Revolving credit facility (in Dollars)	$ 60,000	[1],[10]
Asset Coverage per Unit (in Dollars)	$ 3,471	[2],[10]
Involuntary Liquidating Preference per Share | $ / shares		[3],[10]
Average Market Value per Share | $ / shares	$ 24,240	[4],[10],[11]
6.25% Notes due 2025 [Member] | Fiscal year 2020 (as of February 29, 2020) [Member]
Credit Facility with Encina Lender Finance, LLC
Revolving credit facility (in Dollars)	$ 60,000	[1],[10]
Asset Coverage per Unit (in Dollars)	$ 6,071	[2],[10]
Involuntary Liquidating Preference per Share | $ / shares		[3],[10]
Average Market Value per Share | $ / shares	$ 25,750	[4],[10],[11]
6.25% Notes due 2025 [Member] | Fiscal year 2019 (as of February 28, 2019) [Member]
Credit Facility with Encina Lender Finance, LLC
Revolving credit facility (in Dollars)	$ 60,000	[1],[10]
Asset Coverage per Unit (in Dollars)	$ 2,345	[2],[10]
Involuntary Liquidating Preference per Share | $ / shares		[3],[10]
Average Market Value per Share | $ / shares	$ 24,970	[4],[10],[11]
7.00% Notes due 2025 [Member] | Fiscal year 2023 (as of November 30, 2022) [Member]
Credit Facility with Encina Lender Finance, LLC
Revolving credit facility (in Dollars)	$ 12,000	[1]
Asset Coverage per Unit (in Dollars)	$ 1,732	[2]
Average Market Value per Share | $ / shares	$ 25,000	[4],[12]
7.25% Notes due 2025 [Member] | Fiscal year 2023 (as of November 30, 2022) [Member]
Credit Facility with Encina Lender Finance, LLC
Revolving credit facility (in Dollars)		[1],[13]
Asset Coverage per Unit (in Dollars)		[2],[13]
Involuntary Liquidating Preference per Share | $ / shares		[3],[13]
Average Market Value per Share | $ / shares		[4],[13],[14]
7.25% Notes due 2025 [Member] | Fiscal year 2022 (as of February 28, 2022) [Member]
Credit Facility with Encina Lender Finance, LLC
Revolving credit facility (in Dollars)	$ 43,125	[1],[13]
Asset Coverage per Unit (in Dollars)	$ 2,093	[2],[13]
Involuntary Liquidating Preference per Share | $ / shares		[3],[13]
Average Market Value per Share | $ / shares	$ 25,460	[4],[11],[13]
7.25% Notes due 2025 [Member] | Fiscal year 2021 (as of February 28, 2021) [Member]
Credit Facility with Encina Lender Finance, LLC
Revolving credit facility (in Dollars)	$ 43,125	[1],[13]
Asset Coverage per Unit (in Dollars)	$ 3,471	[2],[13]
Involuntary Liquidating Preference per Share | $ / shares		[3],[13]
Average Market Value per Share | $ / shares	$ 25,770	[4],[11],[13]
7.75% Notes due 2025 [Member] | Fiscal year 2023 (as of November 30, 2022) [Member]
Credit Facility with Encina Lender Finance, LLC
Revolving credit facility (in Dollars)	$ 5,000	[1]
Asset Coverage per Unit (in Dollars)	$ 1,732	[2]
Involuntary Liquidating Preference per Share | $ / shares		[3]
Average Market Value per Share | $ / shares	$ 25,000	[4],[14]
7.75% Notes due 2025 [Member] | Fiscal year 2022 (as of February 28, 2022) [Member]
Credit Facility with Encina Lender Finance, LLC
Revolving credit facility (in Dollars)	$ 5,000	[1]
Asset Coverage per Unit (in Dollars)	$ 2,093	[2]
Involuntary Liquidating Preference per Share | $ / shares		[3]
Average Market Value per Share | $ / shares	$ 25,000	[4],[14]
7.75% Notes due 2025 [Member] | Fiscal year 2021 (as of February 28, 2021) [Member]
Credit Facility with Encina Lender Finance, LLC
Revolving credit facility (in Dollars)	$ 5,000	[1]
Asset Coverage per Unit (in Dollars)	$ 3,471	[2]
Involuntary Liquidating Preference per Share | $ / shares		[3]
Average Market Value per Share | $ / shares	$ 25,000	[4],[14]
4.375% Notes due 2026 [Member] | Fiscal year 2023 (as of November 30, 2022) [Member]
Credit Facility with Encina Lender Finance, LLC
Revolving credit facility (in Dollars)	$ 175,000	[1]
Asset Coverage per Unit (in Dollars)	$ 1,732	[2]
Involuntary Liquidating Preference per Share | $ / shares		[3]
Average Market Value per Share | $ / shares	$ 25,000	[4],[14]
4.375% Notes due 2026 [Member] | Fiscal year 2022 (as of February 28, 2022) [Member]
Credit Facility with Encina Lender Finance, LLC
Revolving credit facility (in Dollars)	$ 175,000	[1]
Asset Coverage per Unit (in Dollars)	$ 2,093	[2]
Involuntary Liquidating Preference per Share | $ / shares		[3]
Average Market Value per Share | $ / shares	$ 25,000	[4],[14]
4.35% Notes due 2027 [Member] | Fiscal year 2023 (as of November 30, 2022) [Member]
Credit Facility with Encina Lender Finance, LLC
Revolving credit facility (in Dollars)	$ 75,000	[1]
Asset Coverage per Unit (in Dollars)	$ 1,732	[2]
Involuntary Liquidating Preference per Share | $ / shares		[3]
Average Market Value per Share | $ / shares	$ 25,000	[4],[14]
4.35% Notes due 2027 [Member] | Fiscal year 2022 (as of February 28, 2022) [Member]
Credit Facility with Encina Lender Finance, LLC
Revolving credit facility (in Dollars)	$ 75,000	[1]
Asset Coverage per Unit (in Dollars)	$ 2,093	[2]
Involuntary Liquidating Preference per Share | $ / shares		[3]
Average Market Value per Share | $ / shares	$ 25,000	[4],[14]
6.25% Notes due 2027 [Member] | Fiscal year 2023 (as of November 30, 2022) [Member]
Credit Facility with Encina Lender Finance, LLC
Revolving credit facility (in Dollars)	$ 15,000	[1]
Asset Coverage per Unit (in Dollars)	$ 1,732	[2]
Involuntary Liquidating Preference per Share | $ / shares		[3]
Average Market Value per Share | $ / shares	$ 25,000	[4],[14]
6.25% Notes due 2027 [Member] | Fiscal year 2022 (as of February 28, 2022) [Member]
Credit Facility with Encina Lender Finance, LLC
Revolving credit facility (in Dollars)	$ 15,000	[1]
Asset Coverage per Unit (in Dollars)	$ 2,093	[2]
Involuntary Liquidating Preference per Share | $ / shares		[3]
Average Market Value per Share | $ / shares	$ 25,000	[4],[14]
6.25% Notes due 2027 [Member] | Fiscal year 2021 (as of February 28, 2021) [Member]
Credit Facility with Encina Lender Finance, LLC
Revolving credit facility (in Dollars)	$ 15,000	[1]
Asset Coverage per Unit (in Dollars)	$ 3,471	[2]
Involuntary Liquidating Preference per Share | $ / shares		[3]
Average Market Value per Share | $ / shares	$ 25,000	[4],[14]
6.00% Notes due 2027 [Member]
Credit Facility with Encina Lender Finance, LLC
Revolving credit facility (in Dollars)	$ 105,500	[1],[12]
Asset Coverage per Unit (in Dollars)	$ 1,732	[2]
Average Market Value per Share | $ / shares	$ 24,200	[4],[12]
8.00% Notes due 2027 [Member] | Fiscal year 2023 (as of November 30, 2022) [Member]
Credit Facility with Encina Lender Finance, LLC
Revolving credit facility (in Dollars)	$ 46,000	[1],[12]
Asset Coverage per Unit (in Dollars)	$ 1,732	[2]
Average Market Value per Share | $ / shares	$ 24,940	[4],[12]
[1] Total amount of senior securities outstanding at the end of the period presented. 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. Based on the average daily trading price of the 2027 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.

Commitments and Contingencies_2

Commitments and Contingencies (Details) - USD ($) $ in Millions	Nov. 30, 2022	Feb. 28, 2022
Commitments and Contingencies (Details) [Line Items]
Off-balance sheet arrangements	$ 77.5	$ 88.4
Cash and cash equivalents	47
Encina Credit Facility [Member]
Commitments and Contingencies (Details) [Line Items]
Available borrowings	$ 25

Commitments and Contingencies_3

Commitments and Contingencies (Details) - Schedule of payment obligations for repayment of debt and other contractual obligations $ in Thousands	Nov. 30, 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	$ 701,160
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	242,660
6.00% 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	12,000
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
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	46,000
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] | 6.00% 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] | 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 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 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	57,000
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] | 6.00% 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	12,000
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 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 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	454,160
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	52,660
Payment Due by Period 3 - 5 Years [Member] | 6.00% 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 3 - 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 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 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	46,000
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	190,000
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	175,000
Payment Due by Period More Than 5 Years [Member] | 6.00% 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] | 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
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

Commitments and Contingencies_4

Commitments and Contingencies (Details) - Schedule of unfunded commitments outstanding - USD ($) $ in Thousands	Nov. 30, 2022	Feb. 28, 2022
At Company’s discretion
Off-Balance sheet arrangements	$ 77,455	$ 83,370
Company’s Discretion [Member]
At Company’s discretion
Off-Balance sheet arrangements	58,398	54,000
ActiveProspect, Inc. [Member] | Company’s Discretion [Member]
At Company’s discretion
Off-Balance sheet arrangements	10,000
Artemis Wax Corp. [Member] | Company’s Discretion [Member]
At Company’s discretion
Off-Balance sheet arrangements	8,500	3,700
Ascend Software LLC [Member] | Company’s Discretion [Member]
At Company’s discretion
Off-Balance sheet arrangements	5,000	5,000
Axero Holdings, LLC [Member] | Company’s Discretion [Member]
At Company’s discretion
Off-Balance sheet arrangements		3,000
Davisware, LLC [Member] | Company’s Discretion [Member]
At Company’s discretion
Off-Balance sheet arrangements	2,000	2,000
Granite Comfort, LP [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
LFR Chicken LLC [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	2,350	4,000
Pepper Palace, Inc. [Member] | Company’s Discretion [Member]
At Company’s discretion
Off-Balance sheet arrangements	3,000	3,000
Procurement Partners, LLC [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	8,548	17,500
Sceptre Hospitality Resources, LLC [Member] | Company’s Discretion [Member]
At Company’s discretion
Off-Balance sheet arrangements	5,000	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
ARC Health OpCo LLC [Member] | At portfolio company’s discretion - satisfaction of certain financial and nonfinancial covenants required [Member]
At Company’s discretion
Off-Balance sheet arrangements	773
Axero Holdings, LLC [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
Axero Holdings, LLC - 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
Exigo, LLC - Delayed Draw Term Loan [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, LLC - 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 Software Holdings, LLC [Member] | At portfolio company’s discretion - satisfaction of certain financial and nonfinancial covenants required [Member]
At Company’s discretion
Off-Balance sheet arrangements		2,786
Granite Comfort, LP [Member] | At portfolio company’s discretion - satisfaction of certain financial and nonfinancial covenants required [Member]
At Company’s discretion
Off-Balance sheet arrangements	500
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, Inc. - 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
Pepper Palace, Inc.– Delayed Draw Term Loan [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, Inc. - 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 PBC [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
LFR Chicken LLC [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	$ 19,057	$ 29,370

Directors Fees (Details)

Directors Fees (Details) - USD ($)	3 Months Ended		9 Months Ended
	Nov. 30, 2022	Nov. 30, 2021	Nov. 30, 2022	Nov. 30, 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	$ 70,000	300,000	$ 300,000
Accrued and unpaid amount	$ 100,000		$ 100,000		$ 70,000

Stockholders' Equity (Details)

Stockholders' Equity (Details) - USD ($)

1 Months Ended

9 Months Ended

Oct. 08, 2019

Jul. 11, 2019

Jul. 13, 2018

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

Nov. 30, 2022

Nov. 30, 2021

Feb. 28, 2022

Stockholders' Equity (Details) [Line Items]

Shares of common stock (in Shares)

11,885,479

12,131,350

Stock issued price per share (in Dollars per share)

$ 25

$ 15.2

$ 12,250,000

Stock issued at value

$ 15,320,818

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

11,885,479

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 November 30, 2022, the Company purchased 898,033 shares of common stock, at the average price of $21.65 for approximately $19.5 million pursuant to the Share Repurchase Plan. During the three months ended November 30, 2022 the Company purchased 94,071 shares of common stock, at the average price of $23.17 for approximately $2.1 million pursuant to the Share Repurchase Plan. During the nine months ended November 30, 2022 the Company purchased 389,598 shares of common stock, at the average price of $24.64 for approximately $9.6 million pursuant to the Share Repurchase Plan.

Offer for sale

$ 150,000,000

$ 30,000,000

Amount of common stock

$ 130,000,000

$ 70,000,000

$ 1,150,000

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															9 Months Ended
	Mar. 01, 2018	Nov. 30, 2022	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	Nov. 30, 2022	Nov. 30, 2021
Common Stock [Member]
Stockholders' Equity (Details) - Schedule of reconciliation of the changes in each significant caption of stockholders’ equity [Line Items]
Balance	$ 6,257	$ 11,927	$ 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)	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	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		$ 53	$ 49	$ 43	$ 42	$ 38	$ 33	$ 39	$ 41	$ 46	$ 46		$ 31	$ 26	$ 22	$ 25
Stock dividend distribution, shares (in Shares)		52,312	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		$ (95)	$ (154)	$ (142)	$ (50)		$ (10)	$ (40)	$ (50)	$ (50)	$ (90)
Repurchases of common stock, shares (in Shares)		(94,071)	(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		$ 11,885	$ 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	$ 11,885	$ 11,747
Balance (in Shares)		11,885,479	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	11,885,479	11,747,004
Balance	$ 6,257
Balance (in Shares)	6,257,029
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	$ 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	$ 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		1,150,881	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		(2,179,600)	(3,685,951)	(3,734,174)	(1,292,843)		(248,713)	(1,003,380)	(1,143,748)	(914,194)	(1,550,327)
Repurchase fees		(1,881)	(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)			(142,326)
Tax reclassification of stockholders’ equity in accordance with generally accepted accounting principles					(4,704,545)				16,529,030				(18,349,728)
Balance		321,802,386	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	321,802,386	321,559,189
Balance	188,975,590
Total Distributable Earnings (Loss) [Member]
Stockholders' Equity (Details) - Schedule of reconciliation of the changes in each significant caption of stockholders’ equity [Line Items]
Balance	(45,355,780)	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)	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		9,877,437	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		(740,434)	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		479,318	(1,204,809)		(118,147)	(764,123)	(1,552,140)		(128,617)
Net change in unrealized appreciation (depreciation) on investments		(3,176,208)	(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		(425,848)	(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		(6,433,298)	(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		13,949,329	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)	13,949,329	21,030,809
Balance	(45,290,480)
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	143,626,067	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	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		9,887,437	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		(740,434)	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		479,318	(1,204,809)		(118,147)	(764,123)	(1,552,140)		(128,617)
Net change in unrealized appreciation (depreciation) on investments		(3,176,208)	(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		(425,848)	(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		(6,433,298)	(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		1,150,934	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		(2,179,695)	(3,686,105)	(3,734,316)	(1,292,893)		(248,723)	(1,003,420)	(1,143,798)	(914,244)	(1,550,417)
Repurchase fees		(1,881)	(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)			(142,326)
Tax reclassification of stockholders’ equity in accordance with generally accepted accounting principles
Balance		$ 335,763,600	$ 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	$ 335,763,600	$ 342,601,745
Balance	143,691,367
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		9 Months Ended
	Nov. 30, 2022	Nov. 30, 2021	Nov. 30, 2022	Nov. 30, 2021
Schedule Of Weighted Average Basic And Diluted Net Increase Decrease In Net Assets [Abstract]
Net increase (decrease) in net assets resulting from operations	$ 6,014,265	$ 8,340,113	$ 5,475,279	$ 37,330,286
Weighted average common shares outstanding	11,893,173	11,450,861	11,989,811	11,312,991
Weighted average earnings (loss) per common share	$ 0.51	$ 0.73	$ 0.46	$ 3.3

Dividend (Details)

Dividend (Details) - USD ($) $ / shares in Units, $ in Millions	1 Months Ended
	Nov. 15, 2022	Aug. 29, 2022	Nov. 30, 2022	Nov. 30, 2021
Dividend (Details) [Line Items]
Dividend per share			$ 1.75	$ 1.92
Dividend consisted in cash	$ 6.8	$ 5.3
Stock issued for dividend	53,615
Common stock dividend rate percentage	0.50%	0.40%
Stock based share price	$ 24.26	$ 22
Percentage of weighted average trading price	95%	95%
Common Stock [Member]
Dividend (Details) [Line Items]
Stock issued for dividend		52,313
January 4, 2023 [Member]
Dividend (Details) [Line Items]
Dividend per share	$ 0.68
Dividend Declared [Member]
Dividend (Details) [Line Items]
Dividend per share		$ 0.54
Dividends payable, date of record	Dec. 15, 2022	Sep. 14, 2022

Dividend (Details) - Schedule o

Dividend (Details) - Schedule of dividends declared - USD ($) $ / shares in Units, $ in Thousands		9 Months Ended
		Nov. 30, 2022	Nov. 30, 2021
Dividend (Details) - Schedule of dividends declared [Line Items]
Amount Per Share		$ 1.75	$ 1.92
Total Amount	[1]	$ 20,884	$ 22,032
December 15, 2022 [Member]
Dividend (Details) - Schedule of dividends declared [Line Items]
Record Date		Dec. 15, 2022
Payment Date		Jan. 04, 2023
Amount Per Share		$ 0.68
Total Amount		$ 8,081
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
November 30, 2021 [Member]
Dividend (Details) - Schedule of dividends declared [Line Items]
Record Date			Jan. 04, 2022
Payment Date			Jan. 19, 2022
Amount Per Share			$ 0.53
Total Amount			$ 6,434
August 26, 2021 [Member]
Dividend (Details) - Schedule of dividends declared [Line Items]
Record Date			Sep. 14, 2021
Payment Date			Sep. 28, 2021
Amount Per Share			$ 0.52
Total Amount			$ 5,889
May 27, 2021 [Member]
Dividend (Details) - Schedule of dividends declared [Line Items]
Record Date			Jun. 15, 2021
Payment Date			Jun. 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		9 Months Ended
	Jul. 14, 2022	Aug. 31, 2021	May 29, 2015	Nov. 30, 2022
Investment Company, Financial Highlights [Abstract]
Indebtedness amount				$ 1,000
Revolving credit facility, description				(12)The Revolving Credit Facility, SBA Debentures, 7.75% Notes Payable 2025, 4.375% Notes Payable 2026, 4.35% Notes Payable 2027, 7.00% Notes Payable 2025 and 6.25% Notes Payable 2027 are not registered for public trading.
Debt instrument redemption, description	(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.	(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.	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 ($)		9 Months Ended
		Nov. 30, 2022	Nov. 30, 2021
Investment Company, Financial Highlights [Line Items]
Net asset value at beginning of period		$ 29.33	$ 27.25
Net investment income	[1]	2.13	1.25
Net realized and unrealized gain and losses on investments	[1]	(1.57)	2.25
Realized losses on extinguishment of debt		(0.1)	(0.2)
Net increase in net assets resulting from operations		0.46	3.3
Distributions declared from net investment income		(1.6)	(1.39)
Total distributions to stockholders		(1.6)	(1.39)
Issuance of common stock above net asset value	[2]
Repurchases of common stock	[3]	0.15	0.01
Dilution	[4]	(0.09)
Net asset value at end of period		$ 28.25	$ 29.17
Net assets at end of period (in Dollars)		$ 335,763,600	$ 342,601,745
Shares outstanding at end of period (in Shares)		11,885,479	11,747,004
Per share market value at end of period		$ 26.37	$ 28.9
Total return based on market value	[5],[6]	2.74%	32.25%
Total return based on net asset value	[5],[7]	2.98%	13.03%
Ratio/Supplemental data:
Ratio of net investment income to average net assets	[8]	9.90%	6.80%
Ratios of operating expenses and income taxes to average net assets	[9],[10]	7.02%	6.19%
Ratio of incentive management fees to average net assets	[5]	0.06%	3%
Ratio of interest and debt financing expenses to average net assets	[10]	8.97%	5.90%
Ratio of total expenses and income taxes to average net assets	[8],[9]	16.05%	15.09%
Portfolio turnover rate	[5],[11]	17.77%	33.79%
Asset coverage ratio per unit (in Dollars)	[12]	$ 1,732	$ 2,367
Average market value per unit
Revolving Credit Facility	[13]
SBA Debentures Payable	[13]
7.00% Notes Payable 2025 [Member]
Average market value per unit
Average market value per unit	[13]
6.25% Notes Payable 2025 [Member]
Average market value per unit
Average market value per unit	[14]
7.25% Notes Payable 2025 [Member]
Average market value per unit
Average market value per unit	[15]		26.32
7.75% Notes Payable 2025 [Member]
Average market value per unit
Average market value per unit	[13]
4.375% Notes Payable 2026 [Member]
Average market value per unit
Average market value per unit	[13]
7.25% Notes Payable 2027 [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		24.2
8.00% Notes Payable 2027 [Member]
Average market value per unit
Average market value per unit		$ 24.94
[1] Per share amounts are calculated using the weighted average shares outstanding during the period. Ratios are not annualized. Ratios are annualized. Incentive management fees included within the ratio are not annualized. Certain prior period amounts have been reclassified to conform to current period presentation. 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. 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) - shares shares in Millions			1 Months Ended
	Jan. 09, 2023	Dec. 13, 2022	Dec. 21, 2022
Subsequent Events (Details) [Line Items]
Subsequent events, description		On December 13, 2022, the Company issued $52.5 million in aggregate principal amount of our 8.125% fixed-rate notes due 2027 (the “8.125% 2027 Notes”) for net proceeds of $50.9 million after deducting underwriting commissions of approximately $1.6 million. Offering costs incurred were approximately $0.1 million. The Company has granted the underwriters an option to purchase up to an additional $7.875 million in aggregate principal amount of the 8.125% 2027 Notes. Interest on the 8.125% 2027 Notes is paid quarterly in arrears on February 28, May 31, August 31 and November 30, at a rate of 8.125% per year, beginning February 28, 2023.  The 8.125% 2027 Notes mature on December 31, 2027 and commencing December 13, 2024, may be redeemed in whole or in part at any time or from time to time at our option. We expect to use the net proceeds from this offering to make investments in middle-market companies (including investments made through our SBIC subsidiaries) in accordance with our investment objective and strategies and for general corporate purposes. Financing costs of $1.6 million related to the 8.125% 2027 Notes have been capitalized and are being amortized over the term of the 8.125% 2027 Notes. The 8.125% 2027 Notes are listed on the NYSE under the trading symbol “SAY” with a par value of $25.00 per note.	On December 21, 2022, the underwriters fully exercised their option to purchase an additional $7.875 million in aggregate principal amount of the 8.125% 2027 Notes. Net proceeds to the Company were $7.6 million after deducting underwriting commissions of approximately $0.2 million.
Subsequent Event [Member]
Subsequent Events (Details) [Line Items]
Number of shares issued	1.7