Great Elm Capital (GECC) 10-Q 31 Oct 24 2024 Q3 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	9 Months Ended
	Sep. 30, 2024	Oct. 24, 2024
Document Information [Line Items]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Sep. 30, 2024
Document Fiscal Year Focus	2024
Document Fiscal Period Focus	Q3
Entity Registrant Name	Great Elm Capital Corp.
Entity Central Index Key	0001675033
Current Fiscal Year End Date	--12-31
Entity Filer Category	Non-accelerated Filer
Entity Small Business	false
Entity Shell Company	false
Entity Emerging Growth Company	false
Entity File Number	814-01211
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Incorporation, State or Country Code	MD
Entity Tax Identification Number	81-2621577
Entity Address, Address Line One	3801 PGA Boulevard
Entity Address, Address Line Two	Suite 603
Entity Address, City or Town	Palm Beach Gardens
Entity Address, State or Province	FL
Entity Address, Postal Zip Code	33410
City Area Code	617
Local Phone Number	375-3006
Document Quarterly Report	true
Document Transition Report	false
Entity Common Stock, Shares Outstanding		10,449,888
Common Stock
Document Information [Line Items]
Trading Symbol	GECC
Title of 12(b) Security	Common stock, par value $0.01 per share
Security Exchange Name	NASDAQ
5.875% Notes due 2026
Document Information [Line Items]
Trading Symbol	GECCO
Title of 12(b) Security	5.875% Notes due 2026
Security Exchange Name	NASDAQ
8.75% Notes due 2028
Document Information [Line Items]
Trading Symbol	GECCZ
Title of 12(b) Security	8.75% Notes due 2028
Security Exchange Name	NASDAQ
8.50% Notes due 2029
Document Information [Line Items]
Trading Symbol	GECCI
Title of 12(b) Security	8.50% Notes due 2029
Security Exchange Name	NASDAQ
8.125% Notes due 2029
Document Information [Line Items]
Trading Symbol	GECCH
Title of 12(b) Security	8.125% Notes due 2029
Security Exchange Name	NASDAQ

CONSOLIDATED STATEMENTS OF ASSE

CONSOLIDATED STATEMENTS OF ASSETS AND LIABILITIES (unaudited) - USD ($) $ in Thousands		Sep. 30, 2024	Dec. 31, 2023
Investments
Total investments at fair value		$ 418,757	$ 241,419
Cash and cash equivalents		305	953
Receivable for investments sold		3,121	840
Interest receivable		3,652	2,105
Dividends receivable		622	1,001
Due from portfolio company		1	37
Deferred financing costs		262	335
Prepaid expenses and other assets		306	135
Total assets		427,026	246,825
Liabilities
Notes payable (including unamortized discount of $5,317 and $2,896, respectively)		229,967	140,214
Payable for investments purchased		66,043	3,327
Interest payable		170	32
Accrued incentive fees payable		2,594	1,431
Distributions payable		0	760
Due to affiliates		$ 1,445	$ 1,195
Other Liability, Related Party [Extensible Enumeration]		srt:AffiliatedEntityMember	srt:AffiliatedEntityMember
Accrued expenses and other liabilities		$ 981	$ 1,127
Total liabilities		301,200	148,086
Commitments and contingencies (Note 7)
Net Assets
Common stock, par value $0.01 per share (100,000,000 shares authorized, 10,449,888 shares issued and outstanding and 7,601,958 shares issued and outstanding, respectively)		104	76
Additional paid-in capital		319,438	283,795
Accumulated losses		(193,716)	(185,132)
Total net assets		125,826	98,739
Total liabilities and net assets		$ 427,026	$ 246,825
Net asset value per share	[1]	$ 12.04	$ 12.99
Non-affiliated, Non-controlled Investments
Investments
Total investments at fair value		$ 256,777	$ 183,335
Non-affiliated, Non-controlled Short-term Investments
Investments
Total investments at fair value		85,474	10,807
Affiliated Investments
Investments
Total investments at fair value		0	1,067
Controlled Investments
Investments
Total investments at fair value		$ 76,506	$ 46,210
[1] The per share data was derived by using the weighted average shares outstanding during the period, except where such calculations deviate from those specified under the instructions to Form N-2.

CONSOLIDATED STATEMENTS OF AS_2

CONSOLIDATED STATEMENTS OF ASSETS AND LIABILITIES (unaudited) (Parenthetical) - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
Unamortized discount	$ 5,317	$ 2,896
Common stock, par value	$ 0.01	$ 0.01
Common stock, shares authorized	100,000,000	100,000,000
Common stock, shares issued	10,449,888	7,601,958
Common stock, shares outstanding	10,449,888	7,601,958
Non-affiliated, Non-controlled Investments
Investment at amortized cost	$ 259,732	$ 179,626
Non-affiliated, Non-controlled Short-term Investments
Investment at amortized cost	85,484	10,807
Affiliated Investments
Investment at amortized cost	12,378	13,423
Controlled Investments
Investment at amortized cost	$ 80,642	$ 46,300

CONSOLIDATED STATEMENTS OF OPER

CONSOLIDATED STATEMENTS OF OPERATIONS (unaudited) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024		Sep. 30, 2023
Investment Income:
Total interest income	$ 8,121	$ 7,592	$ 23,465		$ 21,303
Total dividend income	3,586	779	5,927		2,740
Total other income	20	103	92		214
Total investment income	11,727	9,276	30,184		26,663
Expenses:
Management fees	1,201	899	3,209		2,652
Incentive fees	1,018	763	2,580		2,315
Administration fees	375	420	1,156		1,056
Custody fees	38	19	110		62
Directors’ fees	52	51	160		156
Professional services	409	422	1,210		1,392
Interest expense	4,210	3,344	10,490		8,934
Other expenses	277	267	866		770
Total expenses	7,580	6,185	19,781		17,337
Net investment income before taxes	4,147	3,091	10,403		9,326
Excise tax	75	39	80		67
Net investment income	4,072	3,052	10,323		9,259
Net realized and unrealized gains (losses):
Total net realized gain (loss)	223	(1,824)	2,109		563
Total net change in unrealized appreciation (depreciation)	(821)	6,532	(10,742)		11,300
Net realized and unrealized gains (losses)	(598)	4,708	(8,633)		11,863
Net increase (decrease) in net assets resulting from operations	$ 3,474	$ 7,760	$ 1,690		$ 21,122
Net investment income per share (basic and diluted):	$ 0.39	$ 0.4	$ 1.08	[1]	$ 1.22	[1]
Earnings per share, basic	0.33	1.02	0.18		2.77
Earnings per share,diluted	$ 0.33	$ 1.02	$ 0.18		$ 2.77
Weighted average shares outstanding basic	10,449,888	7,601,958	9,556,695		7,601,958
Weighted average shares outstanding diluted	10,449,888	7,601,958	9,556,695		7,601,958
Non-affiliated, Non-controlled Investments
Investment Income:
Total interest income	$ 6,321	$ 6,357	$ 18,276		$ 17,669
Total dividend income	584	254	2,015		899
Other commitment fees	0	802	700		2,406
Total other income	20	103	92		214
Net realized and unrealized gains (losses):
Total net realized gain (loss)	227	1,637	2,738		4,024
Total net change in unrealized appreciation (depreciation)	715	2,581	(6,674)		8,416
Non-affiliated, non-controlled investments (PIK)
Investment Income:
Total interest income	826	552	2,267		1,591
Affiliated Investments
Investment Income:
Total interest income	0	33	64		95
Net realized and unrealized gains (losses):
Total net realized gain (loss)	(1)	0	(626)		0
Total net change in unrealized appreciation (depreciation)	1	25	(22)		177
Controlled Investments
Investment Income:
Total interest income	974	650	2,858		1,715
Total dividend income	3,002	525	3,912		1,841
Net realized and unrealized gains (losses):
Total net realized gain (loss)	0	(3,461)	0		(3,461)
Total net change in unrealized appreciation (depreciation)	(1,537)	3,926	(4,046)		2,707
Realized Loss on Repurchase of Debt
Net realized and unrealized gains (losses):
Total net realized gain (loss)	(3)	0	(3)		0
Controlled investments (PIK)
Investment Income:
Total interest income	$ 0	$ 0	$ 0		$ 233
[1] The per share data was derived by using the weighted average shares outstanding during the period, except where such calculations deviate from those specified under the instructions to Form N-2.

CONSOLIDATED STATEMENTS OF CHAN

CONSOLIDATED STATEMENTS OF CHANGES IN NET ASSETS (unaudited) - USD ($) $ in Thousands		3 Months Ended		9 Months Ended
		Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Increase (decrease) in net assets resulting from operations:
Net investment income		$ 4,072	$ 3,052	$ 10,323	$ 9,259
Net realized gain (loss)		223	(1,824)	2,109	563
Net change in unrealized appreciation (depreciation) on investments		(821)	6,532	(10,742)	11,300
Net increase (decrease) in net assets resulting from operations		3,474	7,760	1,690	21,122
Distributions to stockholders:
Distributions	[1]	(3,657)	(2,661)	(10,274)	(7,982)
Total distributions to stockholders		(3,657)	(2,661)	(10,274)	(7,982)
Capital transactions:
Issuance of common stock, net				35,671
Net increase (decrease) in net assets resulting from capital transactions				35,671
Total increase (decrease) in net assets		(183)	5,099	27,087	13,140
Net assets at beginning of period		126,009	92,850	98,739	84,809
Net assets at end of period		$ 125,826	$ 97,949	$ 125,826	$ 97,949
Capital share activity
Shares outstanding at the beginning of the period		10,449,888	7,601,958	7,601,958	7,601,958
Issuance of common stock				2,847,930
Shares outstanding at the end of the period		10,449,888	7,601,958	10,449,888	7,601,958
[1] Distributions were from distributable earnings for each of the periods presented.

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS (unaudited) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023
Cash flows from operating activities
Net increase (decrease) in net assets resulting from operations	$ 1,690	$ 21,122
Adjustments to reconcile net increase (decrease) in net assets resulting from operations to net cash provided by (used for) operating activities:
Purchases of investments	(219,198)	(151,337)
Net change in short-term investments	(74,677)	5,298
Capitalized payment-in-kind interest	(2,046)	(1,747)
Proceeds from sales of investments	136,468	108,778
Proceeds from principal payments	35,704	48,052
Net realized (gain) loss on investments	(2,112)	(563)
Net change in unrealized (appreciation) depreciation on investments	10,742	(11,300)
Amortization of premium and accretion of discount, net	(1,784)	(1,726)
Net realized loss on repurchase of debt	3
Amortization of discount (premium) on long term debt	1,005	1,340
Increase (decrease) in operating assets and liabilities:
(Increase) decrease in interest receivable	(1,547)	392
(Increase) decrease in dividends receivable	379	341
(Increase) decrease in due from portfolio company	36	(46)
(Increase) decrease in prepaid expenses and other assets	(171)	3,081
Increase (decrease) in due to affiliates	1,413	1,478
Increase (decrease) in interest payable	138	14
Increase (decrease) in accrued expenses and other liabilities	(146)	405
Net cash provided by (used for) operating activities	(114,103)	23,582
Cash flows from financing activities
Repurchase of debt	(3)
Issuance of notes payable, net of issuance costs	88,821	38,416
Repayment of notes payable		(42,823)
Borrowings under credit facility	5,000	2,000
Repayments under credit facility	(5,000)	(12,000)
Proceeds from issuance of common stock, net of issuance costs	35,671
Distributions paid	(11,034)	(7,982)
Net cash provided by (used for) financing activities	113,455	(22,389)
Net increase in cash	(648)	1,193
Cash and cash equivalents and restricted cash, beginning of period	953	587
Cash and cash equivalents and restricted cash, end of period	305	1,780
Supplemental disclosure of cash flow information:
Cash paid for excise tax	304	196
Cash paid for interest	$ 9,448	$ 7,523

CONSOLIDATED STATEMENTS OF CA_2

CONSOLIDATED STATEMENTS OF CASH FLOWS (Parenthetical) (unaudited) - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023	Sep. 30, 2023	Dec. 31, 2022
Statement of Cash Flows [Abstract]
Cash and cash equivalents	$ 305	$ 953	$ 1,780	$ 587
Total cash and cash equivalents and restricted cash shown on the Consolidated Statements of Cash Flows	$ 305	$ 953	$ 1,780	$ 587

CONSOLIDATED SCHEDULE OF INVEST

CONSOLIDATED SCHEDULE OF INVESTMENTS (unaudited) - USD ($) $ in Thousands		9 Months Ended		12 Months Ended
		Sep. 30, 2024		Dec. 31, 2023
Schedule of Investments [Line Items]
Fair Value		$ 418,757		$ 241,419
Percentage of Net Assets		332.81%		244.51%
NET ASSETS		$ 125,826		$ 98,739
Maximum
Schedule of Investments [Line Items]
Percentage of Net Assets		1%		1%
Investment, Identifier [Axis]: ADS Tactical, Inc. 621 Lynnhaven Parkway Suite 160 Virginia Beach, VA 23452 Defense Security 1st Lien, Secured Loan Interest Rate 1M SOFR
Schedule of Investments [Line Items]
Interest Rate	[1],[2]			5.75%
Investment, Identifier [Axis]: ADS Tactical, Inc. 621 Lynnhaven Parkway Suite 160 Virginia Beach, VA 23452 Defense Security 1st Lien, Secured Loan Interest Rate 1M SOFR + 5.75%, 6.75% Floor (11.22%) Initial Acquisition Date 11/28/2023 Maturity 03/19/2026
Schedule of Investments [Line Items]
Interest Rate	[1],[2]			11.22%
Interest Rate, Floor	[1],[2]			6.75%
Initial Acquisition Date	[1],[2]			Nov. 28, 2023
Maturity	[1],[2]			Mar. 19, 2026
Par Amount / Quantity	[1],[2]			$ 1,971
Cost	[1],[2]			1,957
Fair Value	[1],[2]			$ 1,945
Investment, Identifier [Axis]: AI Aqua Merger Sub Inc 9399 West Higgins Road, Suite 1100 Rosemont, IL 60018 Industry Capital Equipment Security 1st Lien, Secured Loan Interest Rate 1M SOFR
Schedule of Investments [Line Items]
Interest Rate	[3],[4]	3.50%
Investment, Identifier [Axis]: AI Aqua Merger Sub Inc 9399 West Higgins Road, Suite 1100 Rosemont, IL 60018 Industry Capital Equipment Security 1st Lien, Secured Loan Interest Rate 1M SOFR + 3.50%, 4.00% Floor (8.70%) Initial Acquisition Date 19/17/2024 Maturity 07/31/2028
Schedule of Investments [Line Items]
Interest Rate	[3],[4]	8.70%
Interest Rate, Floor	[3],[4]	4%
Initial Acquisition Date	[4]	Sep. 17, 2024
Maturity	[4]	Jul. 31, 2028
Par Amount / Quantity	[4]	$ 2,000
Cost	[4]	1,998
Fair Value	[4]	$ 1,997
Investment, Identifier [Axis]: APTIM Corp 4171 Essen Lane Baton Rouge LA 70809 Industrial Security 1st Lien Secured Bond Interest Rate 7.75% Initial Acquisition Date 03/28/2019 Maturity 06/15/2025
Schedule of Investments [Line Items]
Interest Rate	[1],[2],[5]			7.75%
Initial Acquisition Date	[2],[5]			Mar. 28, 2019
Maturity	[2],[5]			Jun. 15, 2025
Par Amount / Quantity	[2],[5]			$ 3,950
Cost	[2],[5]			3,453
Fair Value	[2],[5]			$ 3,719
Investment, Identifier [Axis]: Advancion 1500 E Lake Cook Rd Buffalo Grove IL 60089 Chemicals Security 2nd Lien Secured Loan Interest Rate 1M SOFR
Schedule of Investments [Line Items]
Interest Rate	[1],[2]			7.75%
Investment, Identifier [Axis]: Advancion 1500 E Lake Cook Rd Buffalo Grove IL 60089 Chemicals Security 2nd Lien Secured Loan Interest Rate 1M SOFR + 7.75% 8.50% Floor (13.21%) Initial Acquisition Date 09/21/2022 Maturity 11/24/2028
Schedule of Investments [Line Items]
Interest Rate	[1],[2]			13.21%
Interest Rate, Floor	[1],[2]			8.50%
Initial Acquisition Date	[1],[2]			Sep. 21, 2022
Maturity	[1],[2]			Nov. 24, 2028
Par Amount / Quantity	[1],[2]			$ 1,625
Cost	[1],[2]			1,516
Fair Value	[1],[2]			$ 1,518
Investment, Identifier [Axis]: Advancion 1500 E Lake Cook Rd Buffalo Grove, IL 60089 Industry Chemicals Security 2nd Lien, Secured Loan Interest Rate 1M SOFR
Schedule of Investments [Line Items]
Interest Rate	[3],[4]	7.75%
Investment, Identifier [Axis]: Advancion 1500 E Lake Cook Rd Buffalo Grove, IL 60089 Industry Chemicals Security 2nd Lien, Secured Loan Interest Rate 1M SOFR + 7.75%, 8.50% Floor (12.70%) Initial Acquisition Date 09/21/2022 Maturity 11/24/2028
Schedule of Investments [Line Items]
Interest Rate	[3],[4]	12.70%
Interest Rate, Floor	[3],[4]	8.50%
Initial Acquisition Date	[4]	Sep. 21, 2022
Maturity	[4]	Nov. 24, 2028
Par Amount / Quantity	[4]	$ 1,625
Cost	[4]	1,527
Fair Value	[4]	$ 1,538
Investment, Identifier [Axis]: American Coastal Insurance Corp. 800 2nd Avenue S. Saint Petersburg, FL 33701 Industry Insurance Security Unsecured Bond Interest Rate 7.25% Initial Acquisition Date 12/20/2022 Maturity 12/15/2027
Schedule of Investments [Line Items]
Interest Rate	[3],[4]	7.25%
Initial Acquisition Date	[4]	Dec. 20, 2022
Maturity	[4]	Dec. 15, 2027
Par Amount / Quantity	[4]	$ 13,000
Cost	[4]	7,845
Fair Value	[4]	$ 12,238
Investment, Identifier [Axis]: American Coastal Insurance Corp. 800 2nd Avenue S.Saint Petersburg FL 33701 Insurance Security Unsecured Bond Interest Rate 7.25% Initial Acquisition Date 12/20/2022 Maturity 12/15/2027
Schedule of Investments [Line Items]
Interest Rate	[1],[2]			7.25%
Initial Acquisition Date	[2]			Dec. 20, 2022
Maturity	[2]			Dec. 15, 2027
Par Amount / Quantity	[2]			$ 15,000
Cost	[2]			8,082
Fair Value	[2]			$ 12,975
Investment, Identifier [Axis]: Auction.com LLC 1 Mauchly Irvine CA, 92618-2305 Industry Financial Services Security 1st Lien, Secured Loan Interest Rate 6M SOFR
Schedule of Investments [Line Items]
Interest Rate	[3],[4]	6%
Investment, Identifier [Axis]: Auction.com LLC 1 Mauchly Irvine CA, 92618-2305 Industry Financial Services Security 1st Lien, Secured Loan Interest Rate 6M SOFR + 6.00%, 7.00% Floor (10.74%) Initial Acquisition Date 09/09/2024 Maturity 05/26/2028
Schedule of Investments [Line Items]
Interest Rate	[3],[4]	10.74%
Interest Rate, Floor	[3],[4]	7%
Initial Acquisition Date	[4]	Sep. 09, 2024
Maturity	[4]	May 26, 2028
Par Amount / Quantity	[4]	$ 2,842
Cost	[4]	2,740
Fair Value	[4]	$ 2,700
Investment, Identifier [Axis]: Avation Capital SA 65 Kampong Bahru Road #01-01 Singapore 169370 Aircraft Security 2nd Lien Secured Bond Interest Rate 8.25% Initial Acquisition Date 02/04/2022 Maturity 10/31/2026
Schedule of Investments [Line Items]
Interest Rate	[1],[2],[6],[7]			8.25%
Initial Acquisition Date	[2],[6],[7]			Feb. 04, 2022
Maturity	[2],[6],[7]			Oct. 31, 2026
Par Amount / Quantity	[2],[6],[7]			$ 4,671
Cost	[2],[6],[7]			4,232
Fair Value	[2],[6],[7]			$ 3,958
Investment, Identifier [Axis]: Avation Capital SA 65 Kampong Bahru Road, #01-01 Singapore 169370 Industry Aircraft Security 2nd Lien, Secured Bond Interest Rate 8.25% Initial Acquisition Date 02/04/2022 Maturity 10/31/2026
Schedule of Investments [Line Items]
Interest Rate	[3],[4],[8],[9]	8.25%
Initial Acquisition Date	[4],[8],[9]	Feb. 04, 2022
Maturity	[4],[8],[9]	Oct. 31, 2026
Par Amount / Quantity	[4],[8],[9]	$ 4,671
Cost	[4],[8],[9]	4,333
Fair Value	[4],[8],[9]	$ 4,356
Investment, Identifier [Axis]: Blackstone Secured Lending 345 Park Avenue New York NY 10154 Closed-End Fund Security Common Stock Initial Acquisition Date 08/18/2022
Schedule of Investments [Line Items]
Initial Acquisition Date	[2],[6]			Aug. 18, 2022
Par Amount / Quantity	[2],[6]			$ 140,000
Cost	[2],[6]			3,337
Fair Value	[2],[6]			$ 3,870
Investment, Identifier [Axis]: Blackstone Secured Lending 345 Park Avenue New York, NY 10154 Industry Closed-End Fund Security Common Equity Initial Acquisition Date 08/18/2022
Schedule of Investments [Line Items]
Initial Acquisition Date	[4],[8]	Aug. 18, 2022
Par Amount / Quantity	[4],[8]	$ 325,000
Cost	[4],[8]	10,051
Fair Value	[4],[8]	$ 9,519
Investment, Identifier [Axis]: Blue Ribbon LLC 110 E Houston St.San Antonio TX 78205 Food & Staples Security 1st Lien Secured Loan Interest Rate 3M SOFR
Schedule of Investments [Line Items]
Interest Rate	[1],[2]			6%
Investment, Identifier [Axis]: Blue Ribbon LLC 110 E Houston St.San Antonio TX 78205 Food & Staples Security 1st Lien Secured Loan Interest Rate 3M SOFR + 6.00% 6.75% Floor (11.63%) Initial Acquisition Date 02/06/2023 Maturity 05/07/2028
Schedule of Investments [Line Items]
Interest Rate	[1],[2]			11.63%
Interest Rate, Floor	[1],[2]			6.75%
Initial Acquisition Date	[1],[2]			Feb. 06, 2023
Maturity	[1],[2]			May 07, 2028
Par Amount / Quantity	[1],[2]			$ 4,818
Cost	[1],[2]			3,595
Fair Value	[1],[2]			$ 4,150
Investment, Identifier [Axis]: Blue Ribbon, LLC 110 E Houston St. San Antonio, TX 78205 Industry Food & Staples Security 1st Lien, Secured Loan Interest Rate 3M SOFR
Schedule of Investments [Line Items]
Interest Rate	[3],[4]	6%
Investment, Identifier [Axis]: Blue Ribbon, LLC 110 E Houston St. San Antonio, TX 78205 Industry Food & Staples Security 1st Lien, Secured Loan Interest Rate 3M SOFR + 6.00%, 6.75% Floor (11.58%) Initial Acquisition Date 02/06/2023 Maturity 05/07/2028
Schedule of Investments [Line Items]
Interest Rate	[3],[4]	11.58%
Interest Rate, Floor	[3],[4]	6.75%
Initial Acquisition Date	[3],[4]	Feb. 06, 2023
Maturity	[3],[4]	May 07, 2028
Par Amount / Quantity	[3],[4]	$ 8,503
Cost	[3],[4]	6,395
Fair Value	[3],[4]	$ 5,917
Investment, Identifier [Axis]: CLO Formation JV, LLC 800 South Street Suite 230 Waltham, MA 02453 Industry Structured Finance Security Common Equity Initial Acquisition Date 04/24/2024
Schedule of Investments [Line Items]
Initial Acquisition Date	[4],[8],[10],[11]	Apr. 24, 2024
Par Amount / Quantity	[4],[8],[10],[11]	$ 104
Cost	[4],[8],[10],[11]	33,342
Fair Value	[4],[8],[10],[11]	$ 32,893
Percentage of Net Assets	[4],[8],[10],[11],[12]	71.25%
Investment, Identifier [Axis]: CSC Serviceworks 35 Pinelawn Road Suite 120 Melville NY 11747 Consumer Services Security 1st Lien Secured Loan Interest Rate 3M SOFR
Schedule of Investments [Line Items]
Interest Rate	[1],[2]			4%
Investment, Identifier [Axis]: CSC Serviceworks 35 Pinelawn Road Suite 120 Melville NY 11747 Consumer Services Security 1st Lien Secured Loan Interest Rate 3M SOFR + 4.00% 4.75% Floor (9.62%) Initial Acquisition Date 09/26/2023 Maturity 03/04/2028
Schedule of Investments [Line Items]
Interest Rate	[1],[2]			9.62%
Interest Rate, Floor	[1],[2]			4.75%
Initial Acquisition Date	[1],[2]			Sep. 26, 2023
Maturity	[1],[2]			Mar. 04, 2028
Par Amount / Quantity	[1],[2]			$ 1,990
Cost	[1],[2]			1,734
Fair Value	[1],[2]			$ 1,742
Investment, Identifier [Axis]: CSC Serviceworks 35 Pinelawn Road, Suite 120 Melville, NY 11747 Industry Consumer Services Security 1st Lien, Secured Loan Interest Rate 3M SOFR
Schedule of Investments [Line Items]
Interest Rate	[3],[4]	4%
Investment, Identifier [Axis]: CSC Serviceworks 35 Pinelawn Road, Suite 120 Melville, NY 11747 Industry Consumer Services Security 1st Lien, Secured Loan Interest Rate 3M SOFR + 4.00%, 4.75% Floor (9.26%) Initial Acquisition Date 09/26/2023 Maturity 03/04/2028
Schedule of Investments [Line Items]
Interest Rate	[3],[4]	9.26%
Interest Rate, Floor	[3],[4]	4.75%
Initial Acquisition Date	[3],[4]	Sep. 26, 2023
Maturity	[3],[4]	Mar. 04, 2028
Par Amount / Quantity	[3],[4]	$ 4,964
Cost	[3],[4]	4,256
Fair Value	[3],[4]	$ 4,327
Investment, Identifier [Axis]: CW Opportunity 2 LP 1603 Orrington Avenue, 13th Floor Evanston, IL 60201 Industry Technology Security Private Fund Initial Acquisition Date 05/14/2024
Schedule of Investments [Line Items]
Initial Acquisition Date	[4],[8],[10]	May 14, 2024
Par Amount / Quantity	[4],[8],[10]	$ 6,000,000
Cost	[4],[8],[10]	6,000
Fair Value	[4],[8],[10]	$ 7,119
Investment, Identifier [Axis]: Conuma Resources LTD 235 Front St, Tumbler Ridge BC V0C 0B3, Canada Industry Metals & Mining Security 1st Lien, Secured Bond Interest Rate 13.13% Initial Acquisition Date 08/08/2024 Maturity 05/01/2028
Schedule of Investments [Line Items]
Interest Rate	[3],[4],[8]	13.13%
Initial Acquisition Date	[4],[8]	Aug. 08, 2024
Maturity	[4],[8]	May 01, 2028
Par Amount / Quantity	[4],[8]	$ 2,090
Cost	[4],[8]	2,141
Fair Value	[4],[8]	$ 2,148
Investment, Identifier [Axis]: Coreweave Compute Acquisition Co II LLC 101 Eisenhower Parkway Suite 106 Roseland NJ 07068 Technology Security 1st Lien Secured Loan Interest Rate 3M SOFR
Schedule of Investments [Line Items]
Interest Rate	[1],[2]			8.75%
Investment, Identifier [Axis]: Coreweave Compute Acquisition Co II LLC 101 Eisenhower Parkway Suite 106 Roseland NJ 07068 Technology Security 1st Lien Secured Loan Interest Rate 3M SOFR + 8.75%, 8.75% Floor (14.13%) Initial Acquisition Date 07/31/2023 Maturity 07/31/2028
Schedule of Investments [Line Items]
Interest Rate	[1],[2]			14.13%
Interest Rate, Floor	[1],[2]			8.75%
Initial Acquisition Date	[1],[2]			Jul. 31, 2023
Maturity	[1],[2]			Jul. 31, 2028
Par Amount / Quantity	[1],[2]			$ 7,472
Cost	[1],[2]			7,344
Fair Value	[1],[2]			$ 7,342
Investment, Identifier [Axis]: Coreweave Compute Acquisition Co. II, LLC 101 Eisenhower Parkway, Suite 106 Roseland, NJ 07068 Industry Technology Security 1st Lien, Secured Loan Interest Rate 3M SOFR
Schedule of Investments [Line Items]
Interest Rate	[3],[4],[13]	9.62%
Investment, Identifier [Axis]: Coreweave Compute Acquisition Co. II, LLC 101 Eisenhower Parkway, Suite 106 Roseland, NJ 07068 Industry Technology Security 1st Lien, Secured Loan Interest Rate 3M SOFR + 9.62%, 9.62% Floor (14.95%) Initial Acquisition Date 07/31/2023 Maturity 07/31/2028
Schedule of Investments [Line Items]
Interest Rate	[3],[4],[13]	14.65%
Interest Rate, Floor	[3],[4],[13]	9.62%
Initial Acquisition Date	[3],[4],[13]	Jul. 31, 2023
Maturity	[3],[4],[13]	Jul. 31, 2028
Par Amount / Quantity	[3],[4],[13]	$ 13,875
Cost	[3],[4],[13]	13,731
Fair Value	[3],[4],[13]	$ 14,153
Investment, Identifier [Axis]: Coreweave Compute Acquisition Co. IV, LLC 101 Eisenhower Parkway, Suite 106 Roseland, NJ 07068 Industry Technology Security 1st Lien, Secured Loan Interest Rate 3M SOFR
Schedule of Investments [Line Items]
Interest Rate	[3],[4],[13]	6%
Investment, Identifier [Axis]: Coreweave Compute Acquisition Co. IV, LLC 101 Eisenhower Parkway, Suite 106 Roseland, NJ 07068 Industry Technology Security 1st Lien, Secured Loan Interest Rate 3M SOFR + 6.00%, 6.00% Floor (11.05%) Initial Acquisition Date 05/29/2024 Maturity 05/16/2030
Schedule of Investments [Line Items]
Interest Rate	[3],[4],[13]	11.05%
Interest Rate, Floor	[3],[4],[13]	6%
Initial Acquisition Date	[3],[4],[13]	May 29, 2024
Maturity	[3],[4],[13]	May 16, 2030
Par Amount / Quantity	[3],[4],[13]	$ 1,702
Cost	[3],[4],[13]	1,677
Fair Value	[3],[4],[13]	$ 1,685
Investment, Identifier [Axis]: Creation Technologies, Inc. One Beacon Street, 23rd Floor Boston, MA 02108 Industry Electronics Manufacturing Security 1st Lien, Secured Loan Interest Rate 3M SOFR
Schedule of Investments [Line Items]
Interest Rate	[3],[4]	5.50%
Investment, Identifier [Axis]: Creation Technologies, Inc. One Beacon Street, 23rd Floor Boston, MA 02108 Industry Electronics Manufacturing Security 1st Lien, Secured Loan Interest Rate 3M SOFR + 5.50%, 6.00% Floor (11.08%) Initial Acquisition Date 02/12/2024 Maturity 10/05/2028
Schedule of Investments [Line Items]
Interest Rate	[3],[4]	11.08%
Interest Rate, Floor	[3],[4]	6%
Initial Acquisition Date	[3],[4]	Feb. 12, 2024
Maturity	[3],[4]	Oct. 05, 2028
Par Amount / Quantity	[3],[4]	$ 2,462
Cost	[3],[4]	2,340
Fair Value	[3],[4]	$ 2,382
Investment, Identifier [Axis]: Dynata, LLC (New Insight Holdings, Inc.) 4 Research Drive, Suite 300 Shelton, CT 06484 Industry Internet Media Security 1st Lien, Secured Loan Interest Rate 3M SOFR
Schedule of Investments [Line Items]
Interest Rate	[3],[4],[13]	5%
Investment, Identifier [Axis]: Dynata, LLC (New Insight Holdings, Inc.) 4 Research Drive, Suite 300 Shelton, CT 06484 Industry Internet Media Security 1st Lien, Secured Loan Interest Rate 3M SOFR + 5.00%, 6.00% Floor (10.38%) Initial Acquisition Date 07/15/2024 Maturity 07/15/2028
Schedule of Investments [Line Items]
Interest Rate	[3],[4],[13]	10.38%
Interest Rate, Floor	[3],[4],[13]	6%
Initial Acquisition Date	[3],[4],[13]	Jul. 15, 2024
Maturity	[3],[4],[13]	Jul. 15, 2028
Par Amount / Quantity	[3],[4],[13]	$ 795
Cost	[3],[4],[13]	785
Fair Value	[3],[4],[13]	$ 795
Investment, Identifier [Axis]: Dynata, LLC (New Insight Holdings, Inc.) 4 Research Drive, Suite 300 Shelton, CT 06484 Industry Internet Media Security 1st Lien, Secured Loan Interest Rate 3M SOFR + 5.50%, 6.50% Floor (10.88%) Initial Acquisition Date 07/15/2024 Maturity 10/15/2028
Schedule of Investments [Line Items]
Interest Rate	[3],[4],[13]	10.88%
Interest Rate, Floor	[3],[4],[13]	6.50%
Initial Acquisition Date	[3],[4],[13]	Jul. 15, 2024
Maturity	[3],[4],[13]	Oct. 15, 2028
Par Amount / Quantity	[3],[4],[13]	$ 4,780
Cost	[3],[4],[13]	4,780
Fair Value	[3],[4],[13]	$ 4,491
Investment, Identifier [Axis]: Dynata, LLC (New Insight Holdings, Inc.) 4 Research Drive, Suite 300 Shelton, CT 06484 Industry Internet Media Security 1st Lien, Secured Loan Interest Rate 3M SOFR One
Schedule of Investments [Line Items]
Interest Rate	[3],[4],[13]	5.50%
Investment, Identifier [Axis]: Dynata, LLC (New Insight Holdings, Inc.) 4 Research Drive, Suite 300 Shelton, CT 06484 Industry Internet Media Security Common Equity Initial Acquisition Date 07/15/2024
Schedule of Investments [Line Items]
Initial Acquisition Date	[4],[13],[14]	Jul. 15, 2024
Par Amount / Quantity	[4],[13],[14]	$ 108,405
Cost	[4],[13],[14]	11,526
Fair Value	[4],[13],[14]	$ 1,753
Percentage of Net Assets	[4],[12],[13],[14]	1.08%
Investment, Identifier [Axis]: Dynata, LLC (New Insight Holdings, Inc.) 4 Research Drive, Suite 300 Shelton, CT 06484 Industry Internet Media Security Warrants Initial Acquisition Date 07/15/2024
Schedule of Investments [Line Items]
Initial Acquisition Date	[4],[13],[14]	Jul. 15, 2024
Par Amount / Quantity	[4],[13],[14]	$ 45,714
Percentage of Net Assets	[4],[12],[13],[14]	3.20%
Investment, Identifier [Axis]: ECL Entertainment, LLC 8978 Spanish Ridge Ave Las Vegas, NV 89148 Industry Casinos & Gaming Security 1st Lien, Secured Loan Interest Rate 1M SOFR
Schedule of Investments [Line Items]
Interest Rate	[3],[4]	4%
Investment, Identifier [Axis]: ECL Entertainment, LLC 8978 Spanish Ridge Ave Las Vegas, NV 89148 Industry Casinos & Gaming Security 1st Lien, Secured Loan Interest Rate 1M SOFR + 4.00%, 4.75% Floor (8.85%) Initial Acquisition Date 04/11/2024 Maturity 08/31/2030
Schedule of Investments [Line Items]
Interest Rate	[3],[4]	8.85%
Interest Rate, Floor	[3],[4]	4.75%
Initial Acquisition Date	[3],[4]	Apr. 11, 2024
Maturity	[3],[4]	Aug. 31, 2030
Par Amount / Quantity	[3],[4]	$ 399
Cost	[3],[4]	398
Fair Value	[3],[4]	$ 400
Investment, Identifier [Axis]: EPIC Crude Services LP 18615 Tuscany Stone, Suite 300 San Antonio, TX 78258 Industry Energy Midstream Security 1st Lien, Secured Loan Interest Rate 1M SOFR
Schedule of Investments [Line Items]
Interest Rate	[3],[4]	5%
Investment, Identifier [Axis]: EPIC Crude Services LP 18615 Tuscany Stone, Suite 300 San Antonio, TX 78258 Industry Energy Midstream Security 1st Lien, Secured Loan Interest Rate 1M SOFR + 5.00%, 6.00% Floor (9.96%) Initial Acquisition Date 02/08/2024 Maturity 03/02/2026
Schedule of Investments [Line Items]
Interest Rate	[3],[4]	9.96%
Interest Rate, Floor	[3],[4]	6%
Initial Acquisition Date	[3],[4]	Feb. 08, 2024
Maturity	[3],[4]	Mar. 02, 2026
Par Amount / Quantity	[3],[4]	$ 1,995
Cost	[3],[4]	1,997
Fair Value	[3],[4]	$ 1,997
Investment, Identifier [Axis]: Eagle Point Credit Company Inc 600 Steamboat Road Suite 202 Greenwich CT 06830 Closed-End Fund Security Common Stock Initial Acquisition Date 08/18/2022
Schedule of Investments [Line Items]
Initial Acquisition Date	[2],[6]			Aug. 18, 2022
Par Amount / Quantity	[2],[6]			$ 305,315
Cost	[2],[6]			3,236
Fair Value	[2],[6]			$ 2,900
Investment, Identifier [Axis]: FS KKR Capital Corp. 201 Rouse Boulevard Philadelphia, PA 19112 Industry Closed-End Fund Security Common Equity Initial Acquisition Date 05/09/2024
Schedule of Investments [Line Items]
Initial Acquisition Date	[4],[8]	May 09, 2024
Par Amount / Quantity	[4],[8]	$ 150,000
Cost	[4],[8]	3,042
Fair Value	[4],[8]	$ 2,960
Investment, Identifier [Axis]: Fairbanks Morse Defense (Arcline FM Holdings, LLC) 655 3 St, Suite 301 Beloit, WI 53511 Industry Defense Security 1st Lien, Secured Loan Interest Rate 3M SOFR
Schedule of Investments [Line Items]
Interest Rate	[3],[4]	4.50%
Investment, Identifier [Axis]: Fairbanks Morse Defense (Arcline FM Holdings, LLC) 655 3 St, Suite 301 Beloit, WI 53511 Industry Defense Security 1st Lien, Secured Loan Interest Rate 3M SOFR + 4.50%, 5.15% Floor (9.74%) Initial Acquisition Date 02/08/2024 Maturity 06/23/2028
Schedule of Investments [Line Items]
Interest Rate	[3],[4]	9.74%
Interest Rate, Floor	[3],[4]	5.15%
Initial Acquisition Date	[3],[4]	Feb. 08, 2024
Maturity	[3],[4]	Jun. 23, 2028
Par Amount / Quantity	[3],[4]	$ 3,990
Cost	[3],[4]	3,987
Fair Value	[3],[4]	$ 3,994
Investment, Identifier [Axis]: First Brands Inc. 3255 West Hamlin Road Rochester Hills MI 48309 Transportation Equipment Manufacturing Security 1st Lien Secured Loan Interest Rate 6M SOFR
Schedule of Investments [Line Items]
Interest Rate	[1],[2]			5%
Investment, Identifier [Axis]: First Brands Inc. 3255 West Hamlin Road Rochester Hills MI 48309 Transportation Equipment Manufacturing Security 1st Lien Secured Loan Interest Rate 6M SOFR + 5.00% 6.00% Floor (10.88%) Initial Acquisition Date 06/09/2023 Maturity 03/30/2027
Schedule of Investments [Line Items]
Interest Rate	[1],[2]			10.88%
Interest Rate, Floor	[1],[2]			6%
Initial Acquisition Date	[1],[2]			Jun. 09, 2023
Maturity	[1],[2]			Mar. 30, 2027
Par Amount / Quantity	[1],[2]			$ 4,962
Cost	[1],[2]			4,837
Fair Value	[1],[2]			$ 4,931
Investment, Identifier [Axis]: First Brands Inc.3255 West Hamlin Road Rochester Hills MI 48309 Transportation Equipment Manufacturing Security 2nd Lien Secured Loan Interest Rate 6M SOFR
Schedule of Investments [Line Items]
Interest Rate	[1],[2]			8.50%
Investment, Identifier [Axis]: First Brands Inc.3255 West Hamlin Road Rochester Hills MI 48309 Transportation Equipment Manufacturing Security 2nd Lien Secured Loan Interest Rate 6M SOFR + 8.50% 9.50% Floor (14.38%) Initial Acquisition Date 03/24/2021 Maturity 03/30/2028
Schedule of Investments [Line Items]
Interest Rate	[1],[2]			14.38%
Interest Rate, Floor	[1],[2]			9.50%
Initial Acquisition Date	[1],[2]			Mar. 24, 2021
Maturity	[1],[2]			Mar. 30, 2028
Par Amount / Quantity	[1],[2]			$ 12,545
Cost	[1],[2]			12,215
Fair Value	[1],[2]			$ 12,330
Investment, Identifier [Axis]: First Brands, Inc. 3255 West Hamlin Road Rochester Hills, MI 48309 Industry Transportation Equipment Manufacturing Security 1st Lien, Secured Loan Interest Rate 3M SOFR
Schedule of Investments [Line Items]
Interest Rate	[3],[4],[13]	5%
Investment, Identifier [Axis]: First Brands, Inc. 3255 West Hamlin Road Rochester Hills, MI 48309 Industry Transportation Equipment Manufacturing Security 1st Lien, Secured Loan Interest Rate 3M SOFR + 5.00%, 6.00% Floor (10.51%) Initial Acquisition Date 01/19/2024 Maturity 03/30/2027
Schedule of Investments [Line Items]
Interest Rate	[3],[4],[13]	10.51%
Interest Rate, Floor	[3],[4],[13]	6%
Initial Acquisition Date	[3],[4],[13]	Jan. 19, 2024
Maturity	[3],[4],[13]	Mar. 30, 2027
Par Amount / Quantity	[3],[4],[13]	$ 1,787
Cost	[3],[4],[13]	1,776
Fair Value	[3],[4],[13]	$ 1,771
Investment, Identifier [Axis]: First Brands, Inc. 3255 West Hamlin Road Rochester Hills, MI 48309 Industry Transportation Equipment Manufacturing Security 1st Lien, Secured Loan Interest Rate 3M SOFR + 5.00%, 6.00% Floor (10.51%) Initial Acquisition Date 06/09/2023 Maturity 03/30/2027
Schedule of Investments [Line Items]
Interest Rate	[3],[4],[13]	10.51%
Interest Rate, Floor	[3],[4],[13]	6%
Initial Acquisition Date	[3],[4],[13]	Jun. 09, 2023
Maturity	[3],[4],[13]	Mar. 30, 2027
Par Amount / Quantity	[3],[4],[13]	$ 7,603
Cost	[3],[4],[13]	7,506
Fair Value	[3],[4],[13]	$ 7,535
Investment, Identifier [Axis]: First Brands, Inc. 3255 West Hamlin Road Rochester Hills, MI 48309 Industry Transportation Equipment Manufacturing Security 2nd Lien, Secured Loan Interest Rate 3M SOFR
Schedule of Investments [Line Items]
Interest Rate	[3],[4],[13]	8.50%
Investment, Identifier [Axis]: First Brands, Inc. 3255 West Hamlin Road Rochester Hills, MI 48309 Industry Transportation Equipment Manufacturing Security 2nd Lien, Secured Loan Interest Rate 3M SOFR + 8.50%, 9.50% Floor (14.01%) Initial Acquisition Date 03/24/2021 Maturity 03/30/2028
Schedule of Investments [Line Items]
Interest Rate	[3],[4],[13]	14.01%
Interest Rate, Floor	[3],[4],[13]	9.50%
Initial Acquisition Date	[3],[4],[13]	Mar. 24, 2021
Maturity	[3],[4],[13]	Mar. 30, 2028
Par Amount / Quantity	[3],[4],[13]	$ 12,545
Cost	[3],[4],[13]	12,254
Fair Value	[3],[4],[13]	$ 12,399
Investment, Identifier [Axis]: Flexsys Holdings 260 Springside Drive Akron OH 44333 Chemicals Security 1st Lien Secured Loan Interest Rate 6M SOFR
Schedule of Investments [Line Items]
Interest Rate	[1],[2]			5.25%
Investment, Identifier [Axis]: Flexsys Holdings 260 Springside Drive Akron OH 44333 Chemicals Security 1st Lien Secured Loan Interest Rate 6M SOFR + 5.25% 6.00% Floor (10.86%) Initial Acquisition Date 11/04/2022 Maturity 11/01/2028
Schedule of Investments [Line Items]
Interest Rate	[1],[2]			10.86%
Interest Rate, Floor	[1],[2]			6%
Initial Acquisition Date	[1],[2]			Nov. 04, 2022
Maturity	[1],[2]			Nov. 01, 2028
Par Amount / Quantity	[1],[2]			$ 4,937
Cost	[1],[2]			4,018
Fair Value	[1],[2]			$ 4,817
Investment, Identifier [Axis]: Flexsys Holdings 260 Springside Drive Akron, OH 44333 Industry Chemicals Security 1st Lien, Secured Loan Interest Rate 3M SOFR
Schedule of Investments [Line Items]
Interest Rate	[3],[4]	5.25%
Investment, Identifier [Axis]: Flexsys Holdings 260 Springside Drive Akron, OH 44333 Industry Chemicals Security 1st Lien, Secured Loan Interest Rate 3M SOFR + 5.25%, 6.00% Floor (10.12%) Initial Acquisition Date 11/04/2022 Maturity 11/01/2028
Schedule of Investments [Line Items]
Interest Rate	[3],[4]	10.12%
Interest Rate, Floor	[3],[4]	6%
Initial Acquisition Date	[3],[4]	Nov. 04, 2022
Maturity	[3],[4]	Nov. 01, 2028
Par Amount / Quantity	[3],[4]	$ 4,401
Cost	[3],[4]	3,641
Fair Value	[3],[4]	$ 3,694
Investment, Identifier [Axis]: Florida Marine LLC 2360 5th Street Mendeville LA 70471 Shipping Security 1st Lien Secured Loan Interest Rate 1M SOFR
Schedule of Investments [Line Items]
Interest Rate	[1],[2],[15]			9.48%
Investment, Identifier [Axis]: Florida Marine LLC 2360 5th Street Mendeville LA 70471 Shipping Security 1st Lien Secured Loan Interest Rate 1M SOFR + 9.48% 11.48% Floor (14.95%) Initial Acquisition Date 03/17/2023 Maturity 03/17/2028
Schedule of Investments [Line Items]
Interest Rate	[1],[2],[15]			14.95%
Interest Rate, Floor	[1],[2],[15]			11.48%
Initial Acquisition Date	[1],[2],[15]			Mar. 17, 2023
Maturity	[1],[2],[15]			Mar. 17, 2028
Par Amount / Quantity	[1],[2],[15]			$ 6,415
Cost	[1],[2],[15]			6,256
Fair Value	[1],[2],[15]			$ 6,371
Investment, Identifier [Axis]: Foresight Energy 211 North Broadway Suite 2600 St. Louis MO 63102 Metals & Mining Security 1st Lien Secured Loan Interest Rate 3M SOFR
Schedule of Investments [Line Items]
Interest Rate	[1],[2],[15]			8%
Investment, Identifier [Axis]: Foresight Energy 211 North Broadway Suite 2600 St. Louis MO 63102 Metals & Mining Security 1st Lien Secured Loan Interest Rate 3M SOFR + 8.00% 9.50% Floor (13.45%) Initial Acquisition Date 07/29/2021 Maturity 06/30/2027
Schedule of Investments [Line Items]
Interest Rate	[1],[2],[15]			13.45%
Interest Rate, Floor	[1],[2],[15]			9.50%
Initial Acquisition Date	[1],[2],[15]			Jul. 29, 2021
Maturity	[1],[2],[15]			Jun. 30, 2027
Par Amount / Quantity	[1],[2],[15]			$ 5,971
Cost	[1],[2],[15]			6,000
Fair Value	[1],[2],[15]			$ 5,971
Investment, Identifier [Axis]: Foresight Energy 211 North Broadway, Suite 2600 St. Louis, MO 63102 Industry Metals & Mining Security 1st Lien, Secured Loan Interest Rate 3M SOFR
Schedule of Investments [Line Items]
Interest Rate	[3],[4],[13]	8%
Investment, Identifier [Axis]: Foresight Energy 211 North Broadway, Suite 2600 St. Louis, MO 63102 Industry Metals & Mining Security 1st Lien, Secured Loan Interest Rate 3M SOFR + 8.00%, 9.50% Floor (12.70%) Initial Acquisition Date 07/29/2021 Maturity 06/30/2027
Schedule of Investments [Line Items]
Interest Rate	[3],[4],[13]	12.70%
Interest Rate, Floor	[3],[4],[13]	9.50%
Initial Acquisition Date	[3],[4],[13]	Jul. 29, 2021
Maturity	[3],[4],[13]	Jun. 30, 2027
Par Amount / Quantity	[3],[4],[13]	$ 5,915
Cost	[3],[4],[13]	5,939
Fair Value	[3],[4],[13]	$ 5,848
Investment, Identifier [Axis]: Form Technologies, LLC 11325 N Community House Road, Suite 300 Charlotte, NC 28277 Industry Industrial Security 1st Lien, Secured Loan Interest Rate 3M SOFR
Schedule of Investments [Line Items]
Interest Rate	[3],[4]	4.75%
Investment, Identifier [Axis]: Form Technologies, LLC 11325 N Community House Road, Suite 300 Charlotte, NC 28277 Industry Industrial Security 1st Lien, Secured Loan Interest Rate 3M SOFR + 4.75%, 5.75% Floor (9.91%) Initial Acquisition Date 01/25/2024 Maturity 07/22/2025
Schedule of Investments [Line Items]
Interest Rate	[3],[4]	9.91%
Interest Rate, Floor	[3],[4]	5.75%
Initial Acquisition Date	[3],[4]	Jan. 25, 2024
Maturity	[3],[4]	Jul. 22, 2025
Par Amount / Quantity	[3],[4]	$ 3,236
Cost	[3],[4]	3,149
Fair Value	[3],[4]	$ 3,150
Investment, Identifier [Axis]: Great Elm Specialty Finance LLC 3100 West End Ave Suite 750 Nashville TN 37203 Specialty Finance Security Common Equity Initial Acquisition Date 09/01/2023
Schedule of Investments [Line Items]
Initial Acquisition Date	[2],[15],[16],[17]			Sep. 01, 2023
Par Amount / Quantity	[2],[15],[16],[17]			$ 87,500
Cost	[2],[15],[16],[17]			17,567
Fair Value	[2],[15],[16],[17]			$ 17,477
Percentage of Net Assets	[2],[15],[16],[17],[18]			87.50%
Investment, Identifier [Axis]: Great Elm Specialty Finance LLC 3100 West End Ave Suite 750 Nashville TN 37203 Specialty Finance Security Subordinated Note Interest Rate 13.00% Initial Acquisition Date 09/01/2023 Maturity 06/30/2026
Schedule of Investments [Line Items]
Interest Rate	[1],[2],[15],[16],[17]			13%
Initial Acquisition Date	[2],[15],[16],[17]			Sep. 01, 2023
Maturity	[2],[15],[16],[17]			Jun. 30, 2026
Par Amount / Quantity	[2],[15],[16],[17]			$ 28,733
Cost	[2],[15],[16],[17]			28,733
Fair Value	[2],[15],[16],[17]			$ 28,733
Investment, Identifier [Axis]: Great Elm Specialty Finance, LLC 3100 West End Ave, Suite 750 Nashville, TN 37203 Industry Specialty Finance Security Common Equity Initial Acquisition Date 09/01/2023
Schedule of Investments [Line Items]
Initial Acquisition Date	[4],[11],[13]	Sep. 01, 2023
Par Amount / Quantity	[4],[11],[13]	$ 87,500
Cost	[4],[11],[13]	17,567
Fair Value	[4],[11],[13]	$ 13,880
Percentage of Net Assets	[4],[11],[12],[13]	87.50%
Investment, Identifier [Axis]: Great Elm Specialty Finance, LLC 3100 West End Ave, Suite 750 Nashville, TN 37203 Industry Specialty Finance Security Subordinated Note Interest Rate 13.00% Initial Acquisition Date 09/01/2023 Maturity 06/30/2026
Schedule of Investments [Line Items]
Interest Rate	[3],[4],[11],[13]	13%
Initial Acquisition Date	[4],[11],[13]	Sep. 01, 2023
Maturity	[4],[11],[13]	Jun. 30, 2026
Par Amount / Quantity	[4],[11],[13]	$ 29,733
Cost	[4],[11],[13]	29,733
Fair Value	[4],[11],[13]	$ 29,733
Investment, Identifier [Axis]: Greenfire Resources Ltd. 205 5th Avenue SW Suite 1900 Calgary AB T2P 2V7 Canada Oil & Gas Exploration & Production Security 1st Lien, Secured Bond Interest Rate 12.00% Initial Acquisition Date 09/13/2023 Maturity 10/01/2028
Schedule of Investments [Line Items]
Interest Rate	[1],[2],[6]			12%
Initial Acquisition Date	[2],[6]			Sep. 13, 2023
Maturity	[2],[6]			Oct. 01, 2028
Par Amount / Quantity	[2],[6]			$ 6,500
Cost	[2],[6]			6,375
Fair Value	[2],[6]			$ 6,456
Investment, Identifier [Axis]: Greenfire Resources Ltd. 205 5th Avenue SW, Suite 1900 Calgary, AB T2P 2V7 Canada Industry Oil & Gas Exploration & Production Security 1st Lien, Secured Bond Interest Rate 12.00% Initial Acquisition Date 09/13/2023 Maturity 10/01/2028
Schedule of Investments [Line Items]
Interest Rate	[3],[4],[8],[9]	12%
Initial Acquisition Date	[4],[8],[9]	Sep. 13, 2023
Maturity	[4],[8],[9]	Oct. 01, 2028
Par Amount / Quantity	[4],[8],[9]	$ 5,178
Cost	[4],[8],[9]	5,091
Fair Value	[4],[8],[9]	$ 5,601
Investment, Identifier [Axis]: Harvey Gulf Holdings LLC 701 Poydras Street Suite 3700 New Orleans LA 70139 Shipping Security Secured Loan A Interest Rate 3M SOFR
Schedule of Investments [Line Items]
Interest Rate	[1],[2],[15]			4.50%
Investment, Identifier [Axis]: Harvey Gulf Holdings LLC 701 Poydras Street Suite 3700 New Orleans LA 70139 Shipping Security Secured Loan A Interest Rate 3M SOFR + 4.50% 5.50% Floor (10.14%) Initial Acquisition Date 08/10/2022 Maturity 08/10/2027
Schedule of Investments [Line Items]
Interest Rate	[1],[2],[15]			10.14%
Interest Rate, Floor	[1],[2],[15]			5.50%
Initial Acquisition Date	[1],[2],[15]			Aug. 10, 2022
Maturity	[1],[2],[15]			Aug. 10, 2027
Par Amount / Quantity	[1],[2],[15]			$ 323
Cost	[1],[2],[15]			319
Fair Value	[1],[2],[15]			$ 324
Investment, Identifier [Axis]: Harvey Gulf Holdings LLC 701 Poydras Street Suite 3700 New Orleans LA 70139 Shipping Security Secured Loan B Interest Rate 3M SOFR
Schedule of Investments [Line Items]
Interest Rate	[1],[2],[15]			9.08%
Investment, Identifier [Axis]: Harvey Gulf Holdings LLC 701 Poydras Street Suite 3700 New Orleans LA 70139 Shipping Security Secured Loan B Interest Rate 3M SOFR + 9.08%, 10.08% Floor (14.73%) Initial Acquisition Date 08/10/2022 Maturity 08/10/2027
Schedule of Investments [Line Items]
Interest Rate	[1],[2],[15]			14.73%
Interest Rate, Floor	[1],[2],[15]			10.08%
Initial Acquisition Date	[1],[2],[15]			Aug. 10, 2022
Maturity	[1],[2],[15]			Aug. 10, 2027
Par Amount / Quantity	[1],[2],[15]			$ 4,931
Cost	[1],[2],[15]			4,816
Fair Value	[1],[2],[15]			$ 5,029
Investment, Identifier [Axis]: Harvey Gulf Holdings LLC 701 Poydras Street, Suite 3700 New Orleans, LA 70139 Industry Shipping Security Secured Loan B Interest Rate 1M SOFR
Schedule of Investments [Line Items]
Interest Rate	[3],[4],[13]	7.09%
Investment, Identifier [Axis]: Harvey Gulf Holdings LLC 701 Poydras Street, Suite 3700 New Orleans, LA 70139 Industry Shipping Security Secured Loan B Interest Rate 1M SOFR + 7.06%, 9.09% Floor (11.93%) Initial Acquisition Date 02/28/2024 Maturity 01/19/2029
Schedule of Investments [Line Items]
Interest Rate	[3],[4],[13]	11.93%
Interest Rate, Floor	[3],[4],[13]	9.09%
Initial Acquisition Date	[3],[4],[13]	Feb. 28, 2024
Maturity	[3],[4],[13]	Jan. 19, 2029
Par Amount / Quantity	[3],[4],[13]	$ 8,784
Cost	[3],[4],[13]	8,716
Fair Value	[3],[4],[13]	$ 8,808
Investment, Identifier [Axis]: Inmar, Inc. 1 W. 4th St, Suite 500 Winston-Salem, NC 27101 Industry Consumer Services Security 1st Lien, Secured Loan Interest Rate 1M SOFR
Schedule of Investments [Line Items]
Interest Rate	[3],[4]	5.50%
Investment, Identifier [Axis]: Inmar, Inc. 1 W. 4th St, Suite 500 Winston-Salem, NC 27101 Industry Consumer Services Security 1st Lien, Secured Loan Interest Rate 1M SOFR + 5.50%, 6.00% Floor (10.35%) Initial Acquisition Date 07/31/2024 Maturity 05/01/2026
Schedule of Investments [Line Items]
Interest Rate, Floor	[3],[4]	6%
Initial Acquisition Date	[3],[4]	Jul. 31, 2024
Investment, Identifier [Axis]: Inmar, Inc. 1 W. 4th St, Suite 500 Winston-Salem, NC 27101 Industry Consumer Services Security 1st Lien, Secured Loan Interest Rate 1M SOFR + 5.50%, 6.00% Floor (10.35%) Initial Acquisition Date 07/31/2024 Maturity 07/31/2029
Schedule of Investments [Line Items]
Interest Rate	[3],[4]	10.35%
Investment, Identifier [Axis]: Inmar, Inc. 1 WInmar, Inc. 1 W. 4th St, Suite 500 Winston-Salem, NC 27101 Industry Consumer Services Security 1st Lien, Secured Loan Interest Rate 1M SOFR + 5.50%, 6.00% Floor (10.35%) Initial Acquisition Date 07/31/2024 Maturity 05/01/2026
Schedule of Investments [Line Items]
Maturity	[3],[4]	May 01, 2026
Par Amount / Quantity	[3],[4]	$ 1,995
Cost	[3],[4]	2,002
Fair Value	[3],[4]	1,995
Investment, Identifier [Axis]: Invesco SeniInvesco Senior Loan ETF 3500 Lacey Road, Suite 700 Downers Grove, 60515 Industry Credit Fund Security Common Equity Initial Acquisition Date 09/18/2024
Schedule of Investments [Line Items]
Par Amount / Quantity	[4],[8]	$ 250,000
Investment, Identifier [Axis]: Invesco Senior Loan ETF 3500 Lacey Road, Suite 700 Downers Grove, 60515 Industry Credit Fund Security Common Equity Initial Acquisition Date 09/18/2024
Schedule of Investments [Line Items]
Initial Acquisition Date	[4],[8]	Sep. 18, 2024
Cost	[4],[8]	$ 5,287
Fair Value	[4],[8]	$ 5,253
Investment, Identifier [Axis]: Ipsen International Holding GmbH 1 Main St Cambridge, MA 02142 Industry Industrial Security 1st Lien, Secured Loan Interest Rate 1M SOFR
Schedule of Investments [Line Items]
Interest Rate	[3],[4],[8],[13],[19]	11.28%
Investment, Identifier [Axis]: Ipsen International Holding GmbH 1 Main St Cambridge, MA 02142 Industry Industrial Security 1st Lien, Secured Loan Interest Rate 1M SOFR + 11.28%, 5.82% Floor (16.13%) Initial Acquisition Date 08/14/2024 Maturity 07/31/2029
Schedule of Investments [Line Items]
Interest Rate	[3],[4],[8],[13],[19]	16.13%
Interest Rate, Floor	[3],[4],[8],[13],[19]	5.82%
Initial Acquisition Date	[3],[4],[8],[13],[19]	Aug. 14, 2024
Maturity	[3],[4],[8],[13],[19]	Jul. 31, 2029
Par Amount / Quantity	[3],[4],[8],[13],[19]	$ 5,068
Cost	[3],[4],[8],[13],[19]	4,879
Fair Value	[3],[4],[8],[13],[19]	$ 4,875
Investment, Identifier [Axis]: Janus Henderson AAA CLO ETF 151 Detroit Street Denver, CO 80206 Industry Credit Fund Security Common Equity Initial Acquisition Date 09/23/2024
Schedule of Investments [Line Items]
Initial Acquisition Date	[4],[8]	Sep. 23, 2024
Par Amount / Quantity	[4],[8]	$ 64,000
Cost	[4],[8]	3,254
Fair Value	[4],[8]	$ 3,256
Investment, Identifier [Axis]: Janus Henderson B-BBB CLO ETF 151 Detroit Street Denver, CO 80206 Industry Credit Fund Security Common Equity Initial Acquisition Date 09/23/2024
Schedule of Investments [Line Items]
Initial Acquisition Date	[4],[8]	Sep. 23, 2024
Par Amount / Quantity	[4],[8]	$ 68,000
Cost	[4],[8]	3,327
Fair Value	[4],[8]	$ 3,329
Investment, Identifier [Axis]: Lenders Funding LLC 9345 Terresina Dr. Naples FL 34119 Specialty Finance Security 1st Lien, Secured Revolver Interest Rate Prime
Schedule of Investments [Line Items]
Interest Rate	[1],[2],[6],[15]			1.25%
Investment, Identifier [Axis]: Lenders Funding LLC 9345 Terresina Dr. Naples FL 34119 Specialty Finance Security 1st Lien, Secured Revolver Interest Rate Prime + 1.25% 1.25% Floor (9.75%) Initial Acquisition Date 09/20/2021 Maturity 01/31/2024
Schedule of Investments [Line Items]
Interest Rate	[1],[2],[6],[15]			9.75%
Interest Rate, Floor	[1],[2],[6],[15]			1.25%
Initial Acquisition Date	[1],[2],[6],[15]			Sep. 20, 2021
Maturity	[1],[2],[6],[15]			Jan. 31, 2024
Par Amount / Quantity	[1],[2],[6],[15]			$ 10,000
Cost	[1],[2],[6],[15]			6,112
Fair Value	[1],[2],[6],[15]			$ 6,112
Investment, Identifier [Axis]: Loparex LLC 1255 Crescent Green Suite 400 Cary, NC 27518 Industrial Energy Midstream Security 1st Lien, Secured Loan Interest Rate 1M SOFR
Schedule of Investments [Line Items]
Interest Rate	[3],[4],[13]	6%
Investment, Identifier [Axis]: Loparex LLC 1255 Crescent Green Suite 400 Cary, NC 27518 Industrial Energy Midstream Security 1st Lien, Secured Loan Interest Rate 1M SOFR + 6.00%, 8.00% Floor (11.20% Initial Acquisition Date 04/24/2024 Maturity 02/01/2017
Schedule of Investments [Line Items]
Interest Rate	[3],[4],[13]	11.20%
Interest Rate, Floor	[3],[4],[13]	8%
Initial Acquisition Date	[3],[4],[13]	Apr. 24, 2024
Maturity	[3],[4],[13]	Feb. 01, 2027
Par Amount / Quantity	[3],[4],[13]	$ 1,786
Cost	[3],[4],[13]	1,766
Fair Value	[3],[4],[13]	$ 1,763
Investment, Identifier [Axis]: Lummus Technology Holdings 5825 N. Sam Houston Parkway West #600 Houston TX 77086 Chemicals Security Unsecured Bond Interest Rate 9.00% Initial Acquisition Date 05/17/2022 Maturity 07/01/2028
Schedule of Investments [Line Items]
Interest Rate	[1],[2],[5]			9%
Initial Acquisition Date	[2],[5]			May 17, 2022
Maturity	[2],[5]			Jul. 01, 2028
Par Amount / Quantity	[2],[5]			$ 2,500
Cost	[2],[5]			2,092
Fair Value	[2],[5]			$ 2,390
Investment, Identifier [Axis]: Lummus Technology Holdings 5825 N. Sam Houston Parkway West, #600 Houston, TX 77086 Industry Chemicals Security Unsecured Bond Interest Rate 9.00% Initial Acquisition Date 05/17/2022 Maturity 07/01/2028
Schedule of Investments [Line Items]
Interest Rate	[3],[4],[9]	9%
Initial Acquisition Date	[4],[9]	May 17, 2022
Maturity	[4],[9]	Jul. 01, 2028
Par Amount / Quantity	[4],[9]	$ 2,500
Cost	[4],[9]	2,144
Fair Value	[4],[9]	$ 2,528
Investment, Identifier [Axis]: Mad Engine Global, LLC 6740 Cobra Way San Diego, CA, 92121 Industry Apparel Security 1st Lien Secured Loan Interest Rate 3M SOFR
Schedule of Investments [Line Items]
Interest Rate	[1],[2]			7%
Investment, Identifier [Axis]: Mad Engine Global, LLC 6740 Cobra Way San Diego, CA, 92121 Industry Apparel Security 1st Lien Secured Loan Interest Rate 3M SOFR + 7.00%, 8.00% Floor (12.61%) Initial Acquisition Date 06/30/2021 Maturity 07/15/2027
Schedule of Investments [Line Items]
Interest Rate	[1],[2]			12.61%
Interest Rate, Floor	[1],[2]			8%
Initial Acquisition Date	[1],[2]			Jun. 30, 2021
Maturity	[1],[2]			Jul. 15, 2027
Par Amount / Quantity	[1],[2]			$ 2,831
Cost	[1],[2]			2,783
Fair Value	[1],[2]			$ 2,007
Investment, Identifier [Axis]: Mad Engine Global, LLC 6740 Cobra Way San Diego, CA, 92121 Industry Apparel Security 1st Lien, Secured Loan Interest Rate 3M SOFR
Schedule of Investments [Line Items]
Interest Rate	[3],[4]	7%
Investment, Identifier [Axis]: Mad Engine Global, LLC 6740 Cobra Way San Diego, CA, 92121 Industry Apparel Security 1st Lien, Secured Loan Interest Rate 3M SOFR + 7.00%, 8.00% Floor (12.13%) Initial Acquisition Date 06/30/2021 Maturity 07/15/2027
Schedule of Investments [Line Items]
Interest Rate	[3],[4]	12.13%
Interest Rate, Floor	[3],[4]	8%
Initial Acquisition Date	[3],[4]	Jun. 30, 2021
Maturity	[3],[4]	Jul. 15, 2027
Par Amount / Quantity	[3],[4]	$ 4,748
Cost	[3],[4]	4,301
Fair Value	[3],[4]	$ 3,830
Investment, Identifier [Axis]: Manchester Acquisition Sub, LLC 251 Little Falls Drive, Wilmington, DE 19808 Industry Chemicals Security 1st Lien Secured Loan Interest Rate 3M SOFR
Schedule of Investments [Line Items]
Interest Rate	[1],[2]			5.75%
Investment, Identifier [Axis]: Manchester Acquisition Sub, LLC 251 Little Falls Drive, Wilmington, DE 19808 Industry Chemicals Security 1st Lien Secured Loan Interest Rate 3M SOFR + 5.75%, 6.50% Floor (11.28%) Initial Acquisition Date 09/26/2023 Maturity 11/01/2026
Schedule of Investments [Line Items]
Interest Rate	[1],[2]			11.28%
Interest Rate, Floor	[1],[2]			6.50%
Initial Acquisition Date	[1],[2]			Sep. 26, 2023
Maturity	[1],[2]			Nov. 01, 2026
Par Amount / Quantity	[1],[2]			$ 4,436
Cost	[1],[2]			4,004
Fair Value	[1],[2]			$ 3,970
Investment, Identifier [Axis]: Manchester Acquisition Sub, LLC 251 Little Falls Drive, Wilmington, DE 19808 Industry Chemicals Security 1st Lien, Secured Loan Interest Rate 3M SOFR
Schedule of Investments [Line Items]
Interest Rate	[3],[4]	5.75%
Investment, Identifier [Axis]: Manchester Acquisition Sub, LLC 251 Little Falls Drive, Wilmington, DE 19808 Industry Chemicals Security 1st Lien, Secured Loan Interest Rate 3M SOFR + 5.75%, 6.50% Floor (10.92%) Initial Acquisition Date 9/26/2023 Maturity 11/1/2026
Schedule of Investments [Line Items]
Interest Rate	[3],[4]	10.92%
Interest Rate, Floor	[3],[4]	6.50%
Initial Acquisition Date	[3],[4]	Sep. 26, 2023
Maturity	[3],[4]	Nov. 01, 2026
Par Amount / Quantity	[3],[4]	$ 6,020
Cost	[3],[4]	5,622
Fair Value	[3],[4]	$ 5,599
Investment, Identifier [Axis]: Maverick Gaming LLC 12530 NE 144th Street Kirkland WA 98034 Industry Casinos & Gaming Security 1st Lien Secured Loan Interest Rate 3M SOFR
Schedule of Investments [Line Items]
Interest Rate	[1],[2]			7.50%
Investment, Identifier [Axis]: Maverick Gaming LLC 12530 NE 144th Street Kirkland WA 98034 Industry Casinos & Gaming Security 1st Lien Secured Loan Interest Rate 3M SOFR + 7.50%, 8.50% Floor (13.15%) Initial Acquisition Date 11/16/2021 Maturity 09/03/2026
Schedule of Investments [Line Items]
Interest Rate	[1],[2]			13.15%
Interest Rate, Floor	[1],[2]			8.50%
Initial Acquisition Date	[1],[2]			Nov. 16, 2021
Maturity	[1],[2]			Sep. 03, 2026
Par Amount / Quantity	[1],[2]			$ 5,849
Cost	[1],[2]			5,731
Fair Value	[1],[2]			$ 4,252
Investment, Identifier [Axis]: Maverick Gaming LLC 12530 NE 144th Street Kirkland, WA 98034 Industry Casinos & Gaming Security 1st Lien, Secured Loan Interest Rate 3M SOFR
Schedule of Investments [Line Items]
Interest Rate	[3],[4],[13],[19]	7.50%
Investment, Identifier [Axis]: Maverick Gaming LLC 12530 NE 144th Street Kirkland, WA 98034 Industry Casinos & Gaming Security 1st Lien, Secured Loan Interest Rate 3M SOFR + 7.50%, 8.50% Floor (12.8%), (12.80% PIK) Initial Acquisition Date 4/3/2024 Maturity 6/3/2028
Schedule of Investments [Line Items]
Interest Rate, Floor	[3],[4],[13],[19]	8.50%
Investment, Identifier [Axis]: Maverick Gaming LLC 12530 NE 144th Street Kirkland, WA 98034 Industry Casinos & Gaming Security 1st Lien, Secured Loan Interest Rate 3M SOFR + 7.50%, 8.50% Floor (12.82%) Initial Acquisition Date 04/03/2024 Maturity 6/3/2028
Schedule of Investments [Line Items]
Interest Rate	[3],[4],[13]	12.82%
Interest Rate, Floor	[3],[4],[13]	8.50%
Initial Acquisition Date	[3],[4],[13]	Apr. 03, 2024
Maturity	[3],[4],[13]	Jun. 03, 2028
Par Amount / Quantity	[3],[4],[13]	$ 1,476
Cost	[3],[4],[13]	1,476
Fair Value	[3],[4],[13]	$ 1,476
Investment, Identifier [Axis]: Maverick Gaming LLC 12530 NE 144th Street Kirkland, WA 98034 Industry Casinos & Gaming Security 1st Lien, Secured Loan Interest Rate 3M SOFR + 7.50%, 8.50% Floor (12.82%), (12.82% PIK) Initial Acquisition Date 4/3/2024 Maturity 6/3/2028
Schedule of Investments [Line Items]
Interest Rate	[3],[4],[13],[19]	12.82%
Interest Rate, PIK	[3],[4],[13],[19]	12.82%
Initial Acquisition Date	[3],[4],[13],[19]	Apr. 03, 2024
Maturity	[3],[4],[13],[19]	Jun. 03, 2028
Par Amount / Quantity	[3],[4],[13],[19]	$ 5,392
Cost	[3],[4],[13],[19]	6,085
Fair Value	[3],[4],[13],[19]	$ 4,734
Investment, Identifier [Axis]: NICE-PAK Products Inc Two Nice-Pak Park Orangeburg NY 10962 Consumer Products Promissory Note Initial Acquisition Date 09/30/2022 Maturity 09/30/2029
Schedule of Investments [Line Items]
Initial Acquisition Date	[2],[15],[20]			Sep. 30, 2022
Maturity	[2],[15],[20]			Sep. 30, 2029
Par Amount / Quantity	[2],[15],[20]			$ 1,449
Fair Value	[2],[15],[20]			$ 1,449
Investment, Identifier [Axis]: NICE-PAK Products Inc Two Nice-Pak Park Orangeburg NY 10962 Consumer Products Warrants Initial Acquisition Date 09/30/2022
Schedule of Investments [Line Items]
Initial Acquisition Date	[2],[15],[20]			Sep. 30, 2022
Par Amount / Quantity	[2],[15],[20]			$ 880,909
Fair Value	[2],[15],[20]			$ 701
Percentage of Net Assets	[2],[15],[18],[20]			2.56%
Investment, Identifier [Axis]: NICE-PAK Products, Inc. Two Nice-Pak Park Orangeburg, NY 10962 Industry Consumer Products Security Promissory Note Initial Acquisition Date 9/30/2022 Maturity 9/30/2029
Schedule of Investments [Line Items]
Initial Acquisition Date	[4],[13],[14]	Sep. 30, 2022
Maturity	[4],[13],[14]	Sep. 30, 2029
Par Amount / Quantity	[4],[13],[14]	$ 1,448,864
Fair Value	[4],[13],[14]	$ 1,449
Investment, Identifier [Axis]: NICE-PAK Products, Inc. Two Nice-Pak Park Orangeburg, NY 10962 Industry Consumer Products Security Secured Loan B Interest Rate 3M SOFR
Schedule of Investments [Line Items]
Interest Rate		11.50%	[3],[4],[13],[19]	13.50%	[1],[2],[7],[15]
Investment, Identifier [Axis]: NICE-PAK Products, Inc. Two Nice-Pak Park Orangeburg, NY 10962 Industry Consumer Products Security Secured Loan B Interest Rate 3M SOFR + 11.50%, 12.50% Floor (16.%) Initial Acquisition Date 9/30/2022 Maturity 9/30/2027
Schedule of Investments [Line Items]
Interest Rate	[3],[4],[13],[19]	16.37%
Interest Rate, Floor	[3],[4],[13],[19]	12.50%
Initial Acquisition Date	[3],[4],[13],[19]	Sep. 30, 2022
Maturity	[3],[4],[13],[19]	Sep. 30, 2027
Par Amount / Quantity	[3],[4],[13],[19]	$ 9,234
Cost	[3],[4],[13],[19]	9,065
Fair Value	[3],[4],[13],[19]	$ 9,340
Investment, Identifier [Axis]: NICE-PAK Products, Inc. Two Nice-Pak Park Orangeburg, NY 10962 Industry Consumer Products Security Secured Loan B Interest Rate 3M SOFR + 13.50%, 14.50% Floor (19.25%), (8.25% cash + 11.00% PIK) Initial Acquisition Date 09/30/2022 Maturity 09/30/2027
Schedule of Investments [Line Items]
Interest Rate	[1],[2],[7],[15]			19.25%
Interest Rate, Floor	[1],[2],[7],[15]			14.50%
Interest Rate, Cash	[1],[2],[7],[15]			8.25%
Interest Rate, PIK	[1],[2],[7],[15]			11%
Initial Acquisition Date	[1],[2],[7],[15]			Sep. 30, 2022
Maturity	[1],[2],[7],[15]			Sep. 30, 2027
Par Amount / Quantity	[1],[2],[7],[15]			$ 9,444
Cost	[1],[2],[7],[15]			9,222
Fair Value	[1],[2],[7],[15]			$ 9,331
Investment, Identifier [Axis]: NICE-PAK Products, Inc. Two Nice-Pak Park Orangeburg, NY 10962 Industry Consumer Products Security Warrants Initial Acquisition Date 9/30/2022
Schedule of Investments [Line Items]
Initial Acquisition Date	[4],[13],[14]	Sep. 30, 2022
Par Amount / Quantity	[4],[13],[14]	$ 880,909
Fair Value	[4],[13],[14]	$ 2,855
Percentage of Net Assets	[4],[12],[13],[14]	2.56%
Investment, Identifier [Axis]: New Wilkie Energy Pty Limited 56 Pitt Street Sydney New South Wales 2000 Australia Industry Metals & Mining Security 1st Lien Secured Loan Interest Rate 3M SOFR
Schedule of Investments [Line Items]
Interest Rate	[1],[2],[6],[7],[15]			12.50%
Investment, Identifier [Axis]: New Wilkie Energy Pty Limited 56 Pitt Street Sydney New South Wales 2000 Australia Industry Metals & Mining Security 1st Lien Secured Loan Interest Rate 3M SOFR + 12.50% 14.50% Floor (17.84%) (12.84% cash + 5.00% PIK) Initial Acquisition Date 04/06/2023 Maturity 04/06/2026
Schedule of Investments [Line Items]
Interest Rate	[1],[2],[6],[7],[15]			17.84%
Interest Rate, Floor	[1],[2],[6],[7],[15]			14.50%
Interest Rate, Cash	[1],[2],[6],[7],[15]			12.84%
Interest Rate, PIK	[1],[2],[6],[7],[15]			5%
Initial Acquisition Date	[1],[2],[6],[7],[15]			Apr. 06, 2023
Maturity	[1],[2],[6],[7],[15]			Apr. 06, 2026
Par Amount / Quantity	[1],[2],[6],[7],[15]			$ 4,935
Cost	[1],[2],[6],[7],[15]			4,821
Fair Value	[1],[2],[6],[7],[15]			$ 3,567
Investment, Identifier [Axis]: New Wilkie Energy Pty Limited 56 Pitt Street Sydney New South Wales 2000 Australia Industry Metals & Mining Warrants Initial Acquisition Date 04/06/2023
Schedule of Investments [Line Items]
Initial Acquisition Date	[2],[6],[15],[20]			Apr. 06, 2023
Par Amount / Quantity	[2],[6],[15],[20]			$ 1,078,899
Investment, Identifier [Axis]: New Wilkie Energy Pty Limited 56 Pitt Street Sydney, New South Wales 2000, Australia Industry Metals & Mining Security 1st Lien, Secured Loan Initial Acquisition Date 4/6/2023 Maturity 4/6/2026
Schedule of Investments [Line Items]
Initial Acquisition Date	[4],[8],[13],[21]	Apr. 06, 2023
Maturity	[4],[8],[13],[21]	Apr. 06, 2026
Par Amount / Quantity	[4],[8],[13],[21]	$ 4,935
Cost	[4],[8],[13],[21]	4,821
Fair Value	[4],[8],[13],[21]	$ 1,319
Investment, Identifier [Axis]: New Wilkie Energy Pty Limited 56 Pitt Street Sydney, New South Wales 2000, Australia Industry Metals & Mining Security SS Working Capital Facility Interest Rate 16.00% PIK Initial Acquisition Date 2/22/2024 Maturity 8/16/2024
Schedule of Investments [Line Items]
Interest Rate, PIK	[3],[4],[8],[13]	16%
Initial Acquisition Date	[4],[8],[13]	Feb. 22, 2024
Maturity	[4],[8],[13]	Aug. 16, 2024
Par Amount / Quantity	[4],[8],[13]	$ 1,138
Cost	[4],[8],[13]	1,138
Fair Value	[4],[8],[13]	$ 1,138
Investment, Identifier [Axis]: New Wilkie Energy Pty Limited 56 Pitt Street Sydney, New South Wales 2000, Australia Industry Metals & Mining Security Super Senior Receivership Loan Interest Rate 15.00% PIK Initial Acquisition Date 5/29/2024 Maturity 8/29/2024
Schedule of Investments [Line Items]
Interest Rate, PIK	[3],[4],[8],[13]	15%
Initial Acquisition Date	[4],[8],[13]	May 29, 2024
Maturity	[4],[8],[13]	Aug. 29, 2024
Par Amount / Quantity	[4],[8],[13]	$ 136
Cost	[4],[8],[13]	134
Fair Value	[4],[8],[13]	$ 136
Investment, Identifier [Axis]: New Wilkie Energy Pty Limited 56 Pitt Street Sydney, New South Wales 2000, Australia Industry Metals & Mining Security Warrants Initial Acquisition Date 4/6/2023
Schedule of Investments [Line Items]
Initial Acquisition Date	[4],[8],[13],[14]	Apr. 06, 2023
Par Amount / Quantity	[4],[8],[13],[14]	$ 1,078,899
Investment, Identifier [Axis]: Northeast Grocery Inc 461 Nott St Schenectady, NY 12308 Industry Food & Staples Security 1st Lien, Secured Loan Interest Rate 3M SOFR
Schedule of Investments [Line Items]
Interest Rate	[3],[4]	7.50%
Investment, Identifier [Axis]: Northeast Grocery Inc 461 Nott St Schenectady, NY 12308 Industry Food & Staples Security 1st Lien, Secured Loan Interest Rate 3M SOFR + 7.50%, 8.50% Floor (12.60%) Initial Acquisition Date 08/08/2024 Maturity 12/13/2028
Schedule of Investments [Line Items]
Interest Rate	[3],[4]	12.60%
Interest Rate, Floor	[3],[4]	8.50%
Initial Acquisition Date	[3],[4]	Aug. 08, 2024
Maturity	[3],[4]	Dec. 13, 2028
Par Amount / Quantity	[3],[4]	$ 2,724
Cost	[3],[4]	2,758
Fair Value	[3],[4]	2,724
Investment, Identifier [Axis]: Other Liabilities in Excess of Net Assets
Schedule of Investments [Line Items]
Fair Value		$ (292,931)
Percentage of Net Assets		232.81%		144.50%
Other Liabilities in Excess of Net Assets				$ (142,680)
Investment, Identifier [Axis]: PFS Holdings Corp 3747 Hecktown Road Easton PA 18045 Food & Staples 1st Lien Secured Loan Interest Rate 1M SOFR
Schedule of Investments [Line Items]
Interest Rate	[1],[2],[15],[16]			7%
Investment, Identifier [Axis]: PFS Holdings Corp 3747 Hecktown Road Easton PA 18045 Food & Staples 1st Lien Secured Loan Interest Rate 1M SOFR + 7.00% 8.00% Floor (12.46%) Initial Acquisition Date 11/13/2020 Maturity 11/13/2024
Schedule of Investments [Line Items]
Interest Rate	[1],[2],[15],[16]			12.46%
Interest Rate, Floor	[1],[2],[15],[16]			8%
Initial Acquisition Date	[1],[2],[15],[16]			Nov. 13, 2020
Maturity	[1],[2],[15],[16]			Nov. 13, 2024
Par Amount / Quantity	[1],[2],[15],[16]			$ 1,044
Cost	[1],[2],[15],[16]			1,044
Fair Value	[1],[2],[15],[16]			$ 979
Investment, Identifier [Axis]: PFS Holdings Corp 3747 Hecktown Road Easton PA 18045 Food & Staples Security Common Equity Initial Acquisition Date 11/13/2020
Schedule of Investments [Line Items]
Initial Acquisition Date	[2],[15],[16],[20]			Nov. 13, 2020
Par Amount / Quantity	[2],[15],[16],[20]			$ 5,238
Cost	[2],[15],[16],[20]			12,379
Fair Value	[2],[15],[16],[20]			$ 88
Percentage of Net Assets	[2],[15],[16],[18],[20]			5.05%
Investment, Identifier [Axis]: PFS Holdings Corp. 3747 Hecktown Road Easton, PA 18045 Industry Food & Staples Security Common Equity Initial Acquisition Date 11/13/2020
Schedule of Investments [Line Items]
Initial Acquisition Date	[4],[13],[14],[22]	Nov. 13, 2020
Par Amount / Quantity	[4],[13],[14],[22]	$ 5,238
Cost	[4],[13],[14],[22]	$ 12,379
Percentage of Net Assets	[4],[12],[13],[14],[22]	5.05%
Investment, Identifier [Axis]: PowerStop LLC 6112 W 73rd Street Bedford Park, IL 60638 Industry Transportation Equipment Manufacturing Security 1st Lien, Secured Loan Interest rate 3M SOFR
Schedule of Investments [Line Items]
Interest Rate	[3],[4]	4.75%
Investment, Identifier [Axis]: PowerStop LLC 6112 W 73rd Street Bedford Park, IL 60638 Industry Transportation Equipment Manufacturing Security 1st Lien, Secured Loan Interest rate 3M SOFR + 4.75%, 5.25% Floor (9.91%) Initial Acquisition Date 02/09/2024 Maturity 01/26/2029
Schedule of Investments [Line Items]
Interest Rate	[3],[4]	9.91%
Interest Rate, Floor	[3],[4]	5.25%
Initial Acquisition Date	[3],[4]	Feb. 09, 2024
Maturity	[3],[4]	Jan. 26, 2029
Par Amount / Quantity	[3],[4]	$ 2,325
Cost	[3],[4]	2,145
Fair Value	[3],[4]	$ 2,232
Investment, Identifier [Axis]: ProFrac Holdings II LLC 333 Shops Boulevard Suite 301 Weatherford Texas 76087 Industry Energy Services Security 1st Lien Secured Bond Interest Rate 3M SOFR
Schedule of Investments [Line Items]
Interest Rate	[1],[2],[6]			7.25%
Investment, Identifier [Axis]: ProFrac Holdings II LLC 333 Shops Boulevard Suite 301 Weatherford Texas 76087 Industry Energy Services Security 1st Lien Secured Bond Interest Rate 3M SOFR + 7.25% 8.25% Floor (12.86%) Initial Acquisition Date 12/27/2023 Maturity 01/23/2029
Schedule of Investments [Line Items]
Interest Rate	[1],[2],[6]			12.86%
Interest Rate, Floor	[1],[2],[6]			8.25%
Initial Acquisition Date	[1],[2],[6]			Dec. 27, 2023
Maturity	[1],[2],[6]			Jan. 23, 2029
Par Amount / Quantity	[1],[2],[6]			$ 7,000
Cost	[1],[2],[6]			6,930
Fair Value	[1],[2],[6]			$ 6,930
Investment, Identifier [Axis]: ProFrac Holdings II, LLC 333 Shops Boulevard Suite 301 Weatherford, Texas 76087 Industry Energy Service Security 1st Lien, Secured Loan Interest rate M SOFR
Schedule of Investments [Line Items]
Interest Rate	[3],[4],[8],[9],[13]	7.25%
Investment, Identifier [Axis]: ProFrac Holdings II, LLC 333 Shops Boulevard Suite 301 Weatherford, Texas 76087 Industry Energy Service Security 1st Lien, Secured Loan Interest rate M SOFR + 7.25%, 9.75% Floor (12.12%) Initial Acquisition Date 12/27/2023 Maturity 01/23/2029
Schedule of Investments [Line Items]
Interest Rate	[3],[4],[8],[9],[13]	12.12%
Interest Rate, Floor	[3],[4],[8],[9],[13]	9.75%
Initial Acquisition Date	[3],[4],[8],[9],[13]	Dec. 27, 2023
Maturity	[3],[4],[8],[9],[13]	Jan. 23, 2029
Par Amount / Quantity	[3],[4],[8],[9],[13]	$ 6,474
Cost	[3],[4],[8],[9],[13]	6,416
Fair Value	[3],[4],[8],[9],[13]	$ 6,496
Investment, Identifier [Axis]: Research Now Group Inc 5800 Tennyson Parkway Suite 600 Plano TX 75024 Industry Internet Media Security 1st Lien Secured Revolver Interest Rate 3M SOFR
Schedule of Investments [Line Items]
Interest Rate	[1],[2],[15]			4.50%
Investment, Identifier [Axis]: Research Now Group Inc 5800 Tennyson Parkway Suite 600 Plano TX 75024 Industry Internet Media Security 1st Lien Secured Revolver Interest Rate 3M SOFR + 4.50% 4.50% Floor (10.11%) Initial Acquisition Date 01/29/2019 Maturity 06/14/2024
Schedule of Investments [Line Items]
Interest Rate	[1],[2],[15]			10.11%
Interest Rate, Floor	[1],[2],[15]			4.50%
Initial Acquisition Date	[1],[2],[15]			Jan. 29, 2019
Maturity	[1],[2],[15]			Jun. 14, 2024
Par Amount / Quantity	[1],[2],[15]			$ 10,000
Cost	[1],[2],[15]			9,998
Fair Value	[1],[2],[15]			$ 9,001
Investment, Identifier [Axis]: Research Now Group Inc. 5800 Tennyson Parkway Suite 600 Plano TX 75024 Industry Internet Media Security 2nd Lien, Secured Loan Interest Rate 3M SOFR
Schedule of Investments [Line Items]
Interest Rate	[1],[2],[15]			9.50%
Investment, Identifier [Axis]: Research Now Group Inc. 5800 Tennyson Parkway Suite 600 Plano TX 75024 Industry Internet Media Security 2nd Lien, Secured Loan Interest Rate 3M SOFR + 9.50%, 10.50% Floor (15.14%) Initial Acquisition Date 05/20/2019 Maturity 12/20/2025
Schedule of Investments [Line Items]
Interest Rate	[1],[2],[15]			15.14%
Interest Rate, Floor	[1],[2],[15]			10.50%
Initial Acquisition Date	[1],[2],[15]			May 20, 2019
Maturity	[1],[2],[15]			Dec. 20, 2025
Par Amount / Quantity	[1],[2],[15]			$ 8,000
Cost	[1],[2],[15]			7,976
Fair Value	[1],[2],[15]			$ 4,731
Investment, Identifier [Axis]: Ruby Tuesday Operations LLC 333 E. Broadway Avenue Maryville TN 37804 Restaurants Security 1st Lien Secured Loan Interest Rate 1M SOFR + 16.00%
Schedule of Investments [Line Items]
Interest Rate	[1],[2],[7],[15]			16%
Investment, Identifier [Axis]: Ruby Tuesday Operations LLC 333 E. Broadway Avenue Maryville TN 37804 Restaurants Security 1st Lien Secured Loan Interest Rate 1M SOFR + 16.00% 17.25% Floor (21.46%) Initial Acquisition Date 01/31/2023 Maturity 02/24/2025
Schedule of Investments [Line Items]
Interest Rate	[1],[2],[7],[15]			21.46%
Interest Rate, Floor	[1],[2],[7],[15]			17.25%
Initial Acquisition Date	[1],[2],[7],[15]			Jan. 31, 2023
Maturity	[1],[2],[7],[15]			Feb. 24, 2025
Par Amount / Quantity	[1],[2],[7],[15]			$ 598
Cost	[1],[2],[7],[15]			598
Fair Value	[1],[2],[7],[15]			$ 598
Investment, Identifier [Axis]: Ruby Tuesday Operations LLC 333 E. Broadway Avenue Maryville TN 37804 Restaurants Security 1st Lien Secured Loan Interest Rate 3M SOFR
Schedule of Investments [Line Items]
Interest Rate	[1],[2],[7],[15]			13.50%
Investment, Identifier [Axis]: Ruby Tuesday Operations LLC 333 E. Broadway Avenue Maryville TN 37804 Restaurants Security 1st Lien Secured Loan Interest Rate 3M SOFR + 13.50% 14.50% Floor (17.46%) (11.46% cash + 6.00% PIK) Initial Acquisition Date 02/24/2021 Maturity 02/24/2025
Schedule of Investments [Line Items]
Interest Rate	[1],[2],[7],[15]			17.46%
Interest Rate, Floor	[1],[2],[7],[15]			14.50%
Interest Rate, Cash	[1],[2],[7],[15]			11.46%
Interest Rate, PIK	[1],[2],[7],[15]			6%
Initial Acquisition Date	[1],[2],[7],[15]			Feb. 24, 2021
Maturity	[1],[2],[7],[15]			Feb. 24, 2025
Par Amount / Quantity	[1],[2],[7],[15]			$ 1,974
Cost	[1],[2],[7],[15]			1,974
Fair Value	[1],[2],[7],[15]			$ 1,930
Investment, Identifier [Axis]: Ruby Tuesday Operations LLC 333 E. Broadway Avenue Maryville TN 37804 Restaurants Security Warrants Initial Acquisition Date 02/24/2021
Schedule of Investments [Line Items]
Initial Acquisition Date	[2],[15],[20]			Feb. 24, 2021
Par Amount / Quantity	[2],[15],[20]			$ 311,697
Fair Value	[2],[15],[20]			$ 913
Percentage of Net Assets	[2],[15],[18],[20]			2.81%
Investment, Identifier [Axis]: Ruby Tuesday Operations LLC 333 E. Broadway Avenue Maryville, TN 37804 Industry Restaurants Security 1st Lien, Secured Loan Interest Rate 1M SOFR + 12.00%, 13.25% Floor (17.31%), (11.31% cash + 6.00% PIK) Initial Acquisition Date 2/24/2021 Maturity 2/24/2027
Schedule of Investments [Line Items]
Interest Rate	[3],[4],[13],[19]	17.31%
Interest Rate, Floor	[3],[4],[13],[19]	13.25%
Interest Rate, Cash	[3],[4],[13],[19]	11.31%
Interest Rate, PIK	[3],[4],[13],[19]	6%
Initial Acquisition Date	[3],[4],[13],[19]	Feb. 24, 2021
Maturity	[3],[4],[13],[19]	Feb. 24, 2027
Par Amount / Quantity	[3],[4],[13],[19]	$ 2,617
Cost	[3],[4],[13],[19]	2,591
Fair Value	[3],[4],[13],[19]	$ 2,558
Investment, Identifier [Axis]: Ruby Tuesday Operations LLC 333 E. Broadway Avenue Maryville, TN 37804 Industry Restaurants Security 1st Lien, Secured Loan Interest Rate 1M SOFR + 16.00%, 17.25% Floor (21.32%), (21.32% PIK) Initial Acquisition Date 1/31/2023 Maturity 2/24/2027
Schedule of Investments [Line Items]
Interest Rate	[3],[4],[13],[19]	21.32%
Interest Rate, Floor	[3],[4],[13],[19]	17.25%
Interest Rate, PIK	[3],[4],[13],[19]	21.32%
Initial Acquisition Date	[3],[4],[13],[19]	Jan. 31, 2023
Maturity	[3],[4],[13],[19]	Feb. 24, 2027
Par Amount / Quantity	[3],[4],[13],[19]	$ 703
Cost	[3],[4],[13],[19]	$ 703
Investment, Identifier [Axis]: Ruby Tuesday Operations LLC 333 E. Broadway Avenue Maryville, TN 37804 Industry Restaurants Security 1st Lien, Secured Loan Interest Rate 1M SOFR+12.00%
Schedule of Investments [Line Items]
Interest Rate	[3],[4],[13],[19]	12%
Investment, Identifier [Axis]: Ruby Tuesday Operations LLC 333 E. Broadway Avenue Maryville, TN 37804 Industry Restaurants Security Warrants Initial Acquisition Date 2/24/2021
Schedule of Investments [Line Items]
Initial Acquisition Date	[4],[13],[14]	Feb. 24, 2021
Par Amount / Quantity	[4],[13],[14]	$ 311,697
Fair Value	[4],[13],[14]	$ 730
Percentage of Net Assets	[4],[12],[13],[14]	2.81%
Investment, Identifier [Axis]: Ruby Tuesday Operations LLC 333 E.Broadway Avenue Maryville, TN 37804 Industry Restaurants Security 1st Lien, Secured Loan Interest Rate 1M SOFR
Schedule of Investments [Line Items]
Interest Rate	[3],[4],[13],[19]	16%
Investment, Identifier [Axis]: Ruby Tuesday Operations LRuby Tuesday Operations LLC 333 E. Broadway Avenue Maryville, TN 37804 Industry Restaurants Security 1st Lien, Secured Loan Interest Rate 1M SOFR + 16.00%, 17.25% Floor (21.32%), (21.32% PIK) Initial Acquisition Date 1/31/2023 Maturity 2/24/2027
Schedule of Investments [Line Items]
Fair Value	[3],[4],[13],[19]	$ 701
Investment, Identifier [Axis]: SCIH Salt HoldinSCIH Salt Holdings Inc 10995 Lowell Avenue, Suite 500 Overland Park, KS 66210 Industry Food & Staples Security 1st Lien, Secured Loan Interest Rate 3M SOFR + 3.50%, 4.50% Floor (8.76%) Initial Acquisition Date 09/17/2024 Maturity 03/16/2027
Schedule of Investments [Line Items]
Initial Acquisition Date	[3],[4]	Sep. 17, 2024
Investment, Identifier [Axis]: SCIH Salt Holdings Inc 10995 Lowell Avenue, Suite 500 Overland Park, KS 66210 Industry Food & Staples Security 1st Lien, Secured Loan Interest Rate 3M SOFR
Schedule of Investments [Line Items]
Interest Rate	[3],[4]	3.50%
Investment, Identifier [Axis]: SCIH Salt Holdings Inc 10995 Lowell Avenue, Suite 500 Overland Park, KS 66210 Industry Food & Staples Security 1st Lien, Secured Loan Interest Rate 3M SOFR + 3.50%, 4.50% Floor (8.76%) Initial Acquisition Date 09/17/2024 Maturity 03/16/2027
Schedule of Investments [Line Items]
Interest Rate	[3],[4]	8.76%
Interest Rate, Floor	[3],[4]	4.50%
Maturity	[3],[4]	Mar. 16, 2027
Par Amount / Quantity	[3],[4]	$ 2,991
Cost	[3],[4]	2,994
Fair Value	[3],[4]	$ 2,988
Investment, Identifier [Axis]: SCIH Salt Holdings Inc 1875 Century Park East Suite 320 Los Angeles CA 90067 Food & Staples Security 1st Lien Secured Loan Interest Rate 1M SOFR
Schedule of Investments [Line Items]
Interest Rate	[1],[2]			4%
Investment, Identifier [Axis]: SCIH Salt Holdings Inc 1875 Century Park East Suite 320 Los Angeles CA 90067 Food & Staples Security 1st Lien Secured Loan Interest Rate 1M SOFR + 4.00% 4.75% Floor (9.47%) Initial Acquisition Date 06/21/2023 Maturity 03/16/2027
Schedule of Investments [Line Items]
Interest Rate	[1],[2]			9.47%
Interest Rate, Floor	[1],[2]			4.75%
Initial Acquisition Date	[1],[2]			Jun. 21, 2023
Maturity	[1],[2]			Mar. 16, 2027
Par Amount / Quantity	[1],[2]			$ 1,981
Cost	[1],[2]			1,950
Fair Value	[1],[2]			$ 1,982
Investment, Identifier [Axis]: SPDR Blackstone Senior Loan ETF One Lincoln Street Boston, MA 02211 Industry Credit Fund Security Common Equity Initial Acquisition Date 09/23/2024
Schedule of Investments [Line Items]
Initial Acquisition Date	[4],[8]	Sep. 23, 2024
Par Amount / Quantity	[4],[8]	$ 117,000
Cost	[4],[8]	4,885
Fair Value	[4],[8]	$ 4,886
Investment, Identifier [Axis]: Short-Term Investments MFB Northern Inst Funds Treas Portfolio Premier CL Industry Short-Term Investments Security Money Market Interest Rate 0.00% Initial Acquisition Date 10/26/2023
Schedule of Investments [Line Items]
Interest Rate		0%
Initial Acquisition Date		Oct. 26, 2023
Par Amount / Quantity		$ 25,695,298
Cost		25,695
Fair Value		$ 25,695
Investment, Identifier [Axis]: Short-Term Investments MFB Northern Inst Funds Treas Portfolio Premier CL Short-Term Investments Money Market Interest Rate 0.00% Initial Acquisition Date 10/26/2023
Schedule of Investments [Line Items]
Interest Rate	[1]			0%
Initial Acquisition Date				Oct. 26, 2023
Par Amount / Quantity				$ 10,806,959
Cost				10,807
Fair Value				$ 10,807
Investment, Identifier [Axis]: Short-Term Investments United States Treasury Industry Short-Term Investments Security Treasury Bill Interest Rate 0.00% Initial Acquisition Date 6/28/2024
Schedule of Investments [Line Items]
Interest Rate		0%
Initial Acquisition Date		Jun. 28, 2024
Par Amount / Quantity		$ 60,000,000
Cost		59,789
Fair Value		$ 59,779
Investment, Identifier [Axis]: Spencer Spirit Holdings, Inc. 6826 E Black Horse Pike Egg Harbor Township, NJ 08234 Industry Retail Security 1st Lien, Secured Loan Interest Rate 3M SOFR
Schedule of Investments [Line Items]
Interest Rate	[3],[4]	5.50%
Investment, Identifier [Axis]: Spencer Spirit Holdings, Inc. 6826 E Black Horse Pike Egg Harbor Township, NJ 08234 Industry Retail Security 1st Lien, Secured Loan Interest Rate 3M SOFR + 5.50%, 5.50% Floor (10.74%) Initial Acquisition Date 6/25/2024 Maturity 7/15/2031
Schedule of Investments [Line Items]
Interest Rate	[3],[4]	10.74%
Interest Rate, Floor	[3],[4]	5.50%
Initial Acquisition Date	[3],[4]	Jun. 25, 2024
Maturity	[3],[4]	Jul. 15, 2031
Par Amount / Quantity	[3],[4]	$ 900
Cost	[3],[4]	893
Fair Value	[3],[4]	$ 899
Investment, Identifier [Axis]: Stone Ridge Opportunities Fund L.P. One Vanderbilt Ave., 65th Floor New York NY 10017 Insurance Security Private Fund Acquisition Date 1/01/2023
Schedule of Investments [Line Items]
Initial Acquisition Date	[2],[6],[20],[23]			Jan. 01, 2023
Par Amount / Quantity	[2],[6],[20],[23]			$ 2,379,875
Cost	[2],[6],[20],[23]			2,380
Fair Value	[2],[6],[20],[23]			$ 3,051
Investment, Identifier [Axis]: Stone Ridge Opportunities Fund L.P. One Vanderbilt Ave., 65th Floor New York, NY 10017 Industry Insurance Security Private Fund Initial Acquisition Date 1/1/2023
Schedule of Investments [Line Items]
Initial Acquisition Date	[4],[8],[10],[14]	Jan. 01, 2023
Par Amount / Quantity	[4],[8],[10],[14]	$ 2,379,875
Cost	[4],[8],[10],[14]	2,380
Fair Value	[4],[8],[10],[14]	$ 3,597
Investment, Identifier [Axis]: Summit Midstream Holdings LLC 910 Louisiana Street Suite 4200 Houston TX 77002 Industry Energy Midstream Security 2nd Lien Secured Bond Interest Rate 9.00% Acquisition Date 10/19/2021 Maturity 10/15/2026
Schedule of Investments [Line Items]
Interest Rate	[1],[2]			9%
Initial Acquisition Date	[2]			Oct. 19, 2021
Maturity	[2]			Oct. 15, 2026
Par Amount / Quantity	[2]			$ 2,000
Cost	[2]			1,905
Fair Value	[2]			1,996
Investment, Identifier [Axis]: Summit Midstream Holdings, LLC 910 Louisiana Street, Suite 4200 Houston, TX 77002 Industry Energy Midstream Security 2nd Lien, Secured Bond Interest Rate 9.50% Initial Acquisition Date 10/19/2021 Maturity 10/15/2026
Schedule of Investments [Line Items]
Interest Rate	[3],[4],[9]	9.50%
Initial Acquisition Date	[4],[9]	Oct. 19, 2021
Maturity	[4],[9]	Oct. 15, 2026
Par Amount / Quantity	[4],[9]	$ 2,000
Cost	[4],[9]	1,927
Fair Value	[4],[9]	2,045
Investment, Identifier [Axis]: TOTAL INVESTMENTS
Schedule of Investments [Line Items]
Cost		438,236	[24]	250,156	[25]
Fair Value		$ 418,757	[24]	$ 241,419	[25]
Percentage of Net Assets		332.81%		244.51%
Investment, Identifier [Axis]: TRU Taj Trust 505 Park Avenue 2nd Floor New York NY 10022 Retail Security Common Equity Acquisition Date 07/21/2017
Schedule of Investments [Line Items]
Initial Acquisition Date	[2],[15],[20]			Jul. 21, 2017
Par Amount / Quantity	[2],[15],[20]			$ 16,000
Cost	[2],[15],[20]			611
Fair Value	[2],[15],[20]			$ 54
Percentage of Net Assets	[2],[15],[18],[20]			2.75%
Investment, Identifier [Axis]: TRU Taj Trust 505 Park Avenue, 2nd Floor New York, NY 10022 Industry Retail Security Common Equity Initial Acquisition Date 7/21/2017
Schedule of Investments [Line Items]
Initial Acquisition Date	[4],[13],[14]	Jul. 21, 2017
Par Amount / Quantity	[4],[13],[14]	$ 16,000
Cost	[4],[13],[14]	611
Fair Value	[4],[13],[14]	$ 54
Percentage of Net Assets	[4],[12],[13],[14]	2.75%
Investment, Identifier [Axis]: Thryv, Inc. 2200 West Airfield Drive PO Box 619810 Dallas, TX 75261 Industry Marketing Services Security 1st Lien, Secured Loan Interest Rate 1M SOFR
Schedule of Investments [Line Items]
Interest Rate	[3],[4],[8],[13]	6.75%
Investment, Identifier [Axis]: Thryv, Inc. 2200 West Airfield Drive PO Box 619810 Dallas, TX 75261 Industry Marketing Services Security 1st Lien, Secured Loan Interest Rate 1M SOFR + 6.75%, 7.50% Floor (11.60%) Initial Acquisition Date 4/30/2024 Maturity 5/1/2029
Schedule of Investments [Line Items]
Interest Rate	[3],[4],[8],[13]	11.60%
Interest Rate, Floor	[3],[4],[8],[13]	7.50%
Initial Acquisition Date	[3],[4],[8],[13]	Apr. 30, 2024
Maturity	[3],[4],[8],[13]	May 01, 2029
Par Amount / Quantity	[3],[4],[8],[13]	$ 1,530
Cost	[3],[4],[8],[13]	1,516
Fair Value	[3],[4],[8],[13]	$ 1,544
Investment, Identifier [Axis]: Total Investments excluding Short-Term Investments
Schedule of Investments [Line Items]
Interest Rate		264.88%
Cost		$ 352,752		$ 239,349
Fair Value		333,283		$ 230,612
Percentage of Net Assets				233.56%
Investment, Identifier [Axis]: Total Short-Term Investments
Schedule of Investments [Line Items]
Cost		85,484		$ 10,807
Fair Value		$ 85,474		$ 10,807
Percentage of Net Assets		67.93%		10.95%
Investment, Identifier [Axis]: Trouvaille Re Ltd. 1700 City Plaza Drive, Suite 200 Spring, TX 77389 Industry Insurance Security Preference Shares Initial Acquisition Date 3/27/2024
Schedule of Investments [Line Items]
Initial Acquisition Date	[4],[8],[10],[14]	Mar. 27, 2024
Par Amount / Quantity	[4],[8],[10],[14]	$ 100
Cost	[4],[8],[10],[14]	5,000
Fair Value	[4],[8],[10],[14]	$ 5,215
Investment, Identifier [Axis]: TruGreen Limited Partnership 1790 Kirby Parkway Suite 300 Memphis, TN 38138 Industry Consumer Services Security 1st Lien, Secured Loan Interest Rate 1M SOFR
Schedule of Investments [Line Items]
Interest Rate	[3],[4],[13]	4%
Investment, Identifier [Axis]: TruGreen Limited Partnership 1790 Kirby Parkway Suite 300 Memphis, TN 38138 Industry Consumer Services Security 1st Lien, Secured Loan Interest Rate 1M SOFR + 4.00%, 4.75% Floor (8.95%) Initial Acquisition Date 5/14/2024 Maturity 11/2/2027
Schedule of Investments [Line Items]
Interest Rate	[3],[4],[13]	8.95%
Interest Rate, Floor	[3],[4],[13]	4.75%
Initial Acquisition Date	[3],[4],[13]	May 14, 2024
Maturity	[3],[4],[13]	Nov. 02, 2027
Par Amount / Quantity	[3],[4],[13]	$ 1,791
Cost	[3],[4],[13]	1,714
Fair Value	[3],[4],[13]	$ 1,735
Investment, Identifier [Axis]: TruGreen Limited Partnership 1790 Kirby Parkway Suite 300 Memphis, TN 38138 Industry Consumer Services Security 2nd Lien, Secured Loan Interest Rate 3M SOFR
Schedule of Investments [Line Items]
Interest Rate	[3],[4],[13]	8.50%
Investment, Identifier [Axis]: TruGreen Limited Partnership 1790 Kirby Parkway Suite 300 Memphis, TN 38138 Industry Consumer Services Security 2nd Lien, Secured Loan Interest Rate 3M SOFR + 8.50%, 9.25% Floor (13.37%) Initial Acquisition Date 5/14/2024 Maturity 11/2/2028
Schedule of Investments [Line Items]
Interest Rate	[3],[4],[13]	13.37%
Interest Rate, Floor	[3],[4],[13]	9.25%
Initial Acquisition Date	[3],[4],[13]	May 14, 2024
Maturity	[3],[4],[13]	Nov. 02, 2028
Par Amount / Quantity	[3],[4],[13]	$ 900
Cost	[3],[4],[13]	706
Fair Value	[3],[4],[13]	$ 731
Investment, Identifier [Axis]: Universal Fiber Systems 640 State Street Bristol TN 37620 Chemicals Security Term Loan B Interest Rate 1M SOFR
Schedule of Investments [Line Items]
Interest Rate	[1],[2],[7],[15]			12.95%
Investment, Identifier [Axis]: Universal Fiber Systems 640 State Street Bristol TN 37620 Chemicals Security Term Loan B Interest Rate 1M SOFR + 12.95% 13.95% Floor (18.42%) (9.42% cash + 9.00% PIK) Initial Acquisition Date 09/30/2021 Maturity 09/29/2026
Schedule of Investments [Line Items]
Interest Rate	[1],[2],[7],[15]			18.42%
Interest Rate, Floor	[1],[2],[7],[15]			13.95%
Interest Rate, Cash	[1],[2],[7],[15]			9.42%
Interest Rate, PIK	[1],[2],[7],[15]			9%
Initial Acquisition Date	[1],[2],[7],[15]			Sep. 30, 2021
Maturity	[1],[2],[7],[15]			Sep. 29, 2026
Par Amount / Quantity	[1],[2],[7],[15]			$ 7,864
Cost	[1],[2],[7],[15]			7,788
Fair Value	[1],[2],[7],[15]			$ 7,852
Investment, Identifier [Axis]: Universal Fiber Systems 640 State Street Bristol TN 37620 Chemicals Security Term Loan C Interest Rate 1M SOFR
Schedule of Investments [Line Items]
Interest Rate	[1],[2],[7],[15]			12.95%
Investment, Identifier [Axis]: Universal Fiber Systems 640 State Street Bristol TN 37620 Chemicals Security Term Loan C Interest Rate 1M SOFR + 12.95%, 13.95% Floor (18.42%), (9.42% cash + 9.00% PIK) Initial Acquisition Date 09/30/2021 Maturity 09/29/2026
Schedule of Investments [Line Items]
Interest Rate	[1],[2],[7],[15]			18.42%
Interest Rate, Floor	[1],[2],[7],[15]			13.95%
Interest Rate, Cash	[1],[2],[7],[15]			9.42%
Interest Rate, PIK	[1],[2],[7],[15]			9%
Initial Acquisition Date	[1],[2],[7],[15]			Sep. 30, 2021
Maturity	[1],[2],[7],[15]			Sep. 29, 2026
Par Amount / Quantity	[1],[2],[7],[15]			$ 3,032
Cost	[1],[2],[7],[15]			2,995
Fair Value	[1],[2],[7],[15]			$ 2,821
Investment, Identifier [Axis]: Universal Fiber Systems 640 State Street Bristol TN 37620 Chemicals Security Warrants Initial Acquisition Date 09/30/2021
Schedule of Investments [Line Items]
Initial Acquisition Date	[2],[15],[20]			Sep. 30, 2021
Par Amount / Quantity	[2],[15],[20]			$ 3,383
Fair Value	[2],[15],[20]			$ 810
Percentage of Net Assets	[2],[15],[18],[20]			1.50%
Investment, Identifier [Axis]: Universal Fiber Systems 640 State Street Bristol, TN 37620 Industry Chemicals Security Term Loan B Interest Rate 1M SOFR
Schedule of Investments [Line Items]
Interest Rate	[3],[4],[13],[19]	12.88%
Investment, Identifier [Axis]: Universal Fiber Systems 640 State Street Bristol, TN 37620 Industry Chemicals Security Term Loan B Interest Rate 1M SOFR + 12.88%, 13.88% Floor (18.13%), (9.13% cash + 9.00% PIK) Initial Acquisition Date 9/30/2021 Maturity 9/29/2026
Schedule of Investments [Line Items]
Interest Rate	[3],[4],[13],[19]	18.13%
Interest Rate, Floor	[3],[4],[13],[19]	13.88%
Interest Rate, Cash	[3],[4],[13],[19]	9.13%
Interest Rate, PIK	[3],[4],[13],[19]	9%
Initial Acquisition Date	[3],[4],[13],[19]	Sep. 30, 2021
Maturity	[3],[4],[13],[19]	Sep. 29, 2026
Par Amount / Quantity	[3],[4],[13],[19]	$ 8,390
Cost	[3],[4],[13],[19]	8,333
Fair Value	[3],[4],[13],[19]	$ 8,137
Investment, Identifier [Axis]: Universal Fiber Systems 640 State Street Bristol, TN 37620 Industry Chemicals Security Term Loan C Interest Rate 1M SOFR
Schedule of Investments [Line Items]
Interest Rate	[3],[4],[13],[19]	12.88%
Investment, Identifier [Axis]: Universal Fiber Systems 640 State Street Bristol, TN 37620 Industry Chemicals Security Term Loan C Interest Rate 1M SOFR + 12.88%, 13.88% Floor (18.13%), (9.13% cash + 9.00% PIK) Initial Acquisition Date 9/30/2021 Maturity 9/29/2026
Schedule of Investments [Line Items]
Interest Rate	[3],[4],[13],[19]	18.13%
Interest Rate, Floor	[3],[4],[13],[19]	13.88%
Interest Rate, Cash	[3],[4],[13],[19]	9.13%
Interest Rate, PIK	[3],[4],[13],[19]	9%
Initial Acquisition Date	[3],[4],[13],[19]	Sep. 30, 2021
Maturity	[3],[4],[13],[19]	Sep. 29, 2026
Par Amount / Quantity	[3],[4],[13],[19]	$ 3,235
Cost	[3],[4],[13],[19]	3,207
Fair Value	[3],[4],[13],[19]	$ 3,121
Investment, Identifier [Axis]: Universal Fiber Systems 640 State Street Bristol, TN 37620 Industry Chemicals Security Warrants Initial Acquisition Date 9/30/2021
Schedule of Investments [Line Items]
Initial Acquisition Date	[4],[13],[14]	Sep. 30, 2021
Par Amount / Quantity	[4],[13],[14]	$ 3,383
Fair Value	[4],[13],[14]	$ 39
Percentage of Net Assets	[4],[12],[13],[14]	1.50%
Investment, Identifier [Axis]: Vantage Specialty Chemicals, Inc. 1751 Lake Cook Rd., Suite 550 Deerfield IL 60015 Chemicals Security 1st Lien Secured Loan Interest Rate 1M SOFR
Schedule of Investments [Line Items]
Interest Rate	[1],[2]			4.75%
Investment, Identifier [Axis]: Vantage Specialty Chemicals, Inc. 1751 Lake Cook Rd., Suite 550 Deerfield IL 60015 Chemicals Security 1st Lien Secured Loan Interest Rate 1M SOFR + 4.75% 5.25% Floor (10.11%) Initial Acquisition Date 03/03/2023 Maturity 10/26/2026
Schedule of Investments [Line Items]
Interest Rate	[1],[2]			10.11%
Interest Rate, Floor	[1],[2]			5.25%
Initial Acquisition Date	[1],[2]			Mar. 03, 2023
Maturity	[1],[2]			Oct. 26, 2026
Par Amount / Quantity	[1],[2]			$ 2,960
Cost	[1],[2]			2,888
Fair Value	[1],[2]			$ 2,845
Investment, Identifier [Axis]: Vector Group Ltd 4400 Biscayne Blvd Miami FL 33137 Food & Staples Unsecured Bond Interest Rate 10.50% Initial Acquisition Date 07/11/2024 Maturity 11/1/2026
Schedule of Investments [Line Items]
Interest Rate	[3],[4],[8]	10.50%
Initial Acquisition Date	[4],[8]	Jul. 11, 2024
Maturity	[4],[8]	Nov. 01, 2026
Par Amount / Quantity	[4],[8]	$ 1,350
Cost	[4],[8]	1,363
Fair Value	[4],[8]	$ 1,365
Investment, Identifier [Axis]: Vi Jon 8800 Page Avenue St. Louis, MO 63114 Industry Consumer Products Security 1st Lien, Secured Loan Interest Rate 3M SOFR
Schedule of Investments [Line Items]
Interest Rate	[3],[4],[13],[19]	10%
Investment, Identifier [Axis]: Vi Jon 8800 Page Avenue St. Louis, MO 63114 Industry Consumer Products Security 1st Lien, Secured Loan Interest Rate 3M SOFR + 10%, 12.5% Floor (15.51%), (13.51% cash + 2.00% PIK) Initial Acquisition Date 12/28/2023 Maturity 12/28/2028
Schedule of Investments [Line Items]
Interest Rate	[3],[4],[13],[19]	15.51%
Interest Rate, Floor	[3],[4],[13],[19]	12.50%
Interest Rate, Cash	[3],[4],[13],[19]	13.51%
Interest Rate, PIK	[3],[4],[13],[19]	2%
Initial Acquisition Date	[3],[4],[13],[19]	Dec. 28, 2023
Maturity	[3],[4],[13],[19]	Dec. 28, 2028
Par Amount / Quantity	[3],[4],[13],[19]	$ 8,856
Cost	[3],[4],[13],[19]	8,624
Fair Value	[3],[4],[13],[19]	$ 8,687
Investment, Identifier [Axis]: Vi-Jon 8800 Page Avenue St. Louis, MO 63114 Consumer Products Security 1st Lien Secured Loan Interest Rate 1M SOFR
Schedule of Investments [Line Items]
Interest Rate	[1],[2]			8%
Investment, Identifier [Axis]: Vi-Jon 8800 Page Avenue St. Louis, MO 63114 Consumer Products Security 1st Lien Secured Loan Interest Rate 1M SOFR + 10%, 12.5% Floor (15.47%), (13.47% cash + 2.00% PIK) Initial Acquisition Date 12/28/2023 Maturity 12/28/2028
Schedule of Investments [Line Items]
Interest Rate	[1],[2]			13.47%
Interest Rate, Floor	[1],[2]			10.50%
Initial Acquisition Date	[1],[2]			Dec. 28, 2023
Maturity	[1],[2]			Dec. 28, 2028
Par Amount / Quantity	[1],[2]			$ 9,000
Cost	[1],[2]			8,730
Fair Value	[1],[2]			$ 8,730
Investment, Identifier [Axis]: Victra (LSF9 Atlantis Holdings LLC) 2017 Fiesta Dr, Suite 201 Sarasota, USA, 34231 Industry Retail Security 1st Lien, Secured Loan Interest Rate 3M SOFR
Schedule of Investments [Line Items]
Interest Rate	[3],[4]	5.25%
Investment, Identifier [Axis]: Victra (LSF9 Atlantis Holdings LLC) 2017 Fiesta Dr, Suite 201 Sarasota, USA, 34231 Industry Retail Security 1st Lien, Secured Loan Interest Rate 3M SOFR + 5.25%, 6.00% Floor (9.85%), Initial Acquisition Date 02/12/2024 Maturity 03/31/2029
Schedule of Investments [Line Items]
Interest Rate	[3],[4]	9.85%
Interest Rate, Floor	[3],[4]	6%
Initial Acquisition Date	[3],[4]	Feb. 12, 2024
Maturity	[3],[4]	Mar. 31, 2029
Par Amount / Quantity	[3],[4]	$ 1,226
Cost	[3],[4]	1,227
Fair Value	[3],[4]	$ 1,233
Investment, Identifier [Axis]: W&T Offshore, Inc. 5718 Westheimer Road Suite 700 Houston TX 77057 Oil & Gas Exploration & Production Security 2nd Lien Secured Bond Interest Rate 11.75% Initial Acquisition Date 01/12/2023 Maturity 02/01/2026
Schedule of Investments [Line Items]
Interest Rate	[1],[2],[6]			11.75%
Initial Acquisition Date	[2],[6]			Jan. 12, 2023
Maturity	[2],[6]			Feb. 01, 2026
Par Amount / Quantity	[2],[6]			$ 4,816
Cost	[2],[6]			4,816
Fair Value	[2],[6]			$ 4,964
Investment, Identifier [Axis]: W&T Offshore, Inc. 5718 Westheimer Road, Suite 700 Houston, TX 77057 Industry Oil & Gas Exploration & Production Security 2nd Lien, Secured Bond Interest Rate 11.75% Initial Acquisition Date 1/12/2023 Maturity 2/1/2026
Schedule of Investments [Line Items]
Interest Rate	[3],[4],[8],[9]	11.75%
Initial Acquisition Date	[4],[8],[9]	Jan. 12, 2023
Maturity	[4],[8],[9]	Feb. 01, 2026
Par Amount / Quantity	[4],[8],[9]	$ 4,816
Cost	[4],[8],[9]	4,816
Fair Value	[4],[8],[9]	$ 4,910
[1] Certain of the Company’s variable rate debt investments bear interest at a rate that is determined by reference to Secured Overnight Financing Rate (“SOFR”) or prime rate (“Prime”) which are reset periodically. For each debt investment, the Company has provided the interest rate in effect as of period end. A floor is the minimum rate that will be applied in calculating an interest rate. A cap is the maximum rate that will be applied in calculating an interest rate. The SOFR as of period end was 5.38 %. The one-month (“1M”) SOFR as of period end was 5.35 %. The three-month (“3M”) SOFR as of period end was 5.33 %. The six-month (“6M”) SOFR as of period end was 5.16 %. The prime rate as of period end was 8.50 %. The Company’s investments are generally acquired in private transactions exempt from registration under the Securities Act of 1933 and, therefore, are generally subject to limitations on resale, and may be deemed to be “restricted securities” under the Securities Act of 1933. Certain of the Company’s variable rate debt investments bear interest at a rate that is determined by reference to Secured Overnight Financing Rate (“SOFR”) or prime rate (“Prime”) which are reset periodically. For each debt investment, the Company has provided the interest rate in effect as of period end. A floor is the minimum rate that will be applied in calculating an interest rate. A cap is the maximum rate that will be applied in calculating an interest rate. The SOFR as of period end was 4.96 % . The one-month (“1M”) SOFR as of period end was 4.85 % . The three-month (“3M”) SOFR as of period end was 4.59 % . The six-month (“6M”) SOFR as of period end was 4.25 % . The Prime as of period end was 8.00 % . Great Elm Capital Corp.’s (the “Company”) investments are generally acquired in private transactions exempt from registration under the Securities Act of 1933, as amended (the “Securities Act”) and, therefore, are generally subject to limitations on resale, and may be deemed to be “restricted securities” under the Securities Act. Security exempt from registration pursuant to Rule 144A under the Securities Act. Such security may be sold in certain transactions (normally to qualified institutional buyers) and remain exempt from registration. Indicates assets that the Company believes do not represent “qualifying assets” under Section 55(a) of the Investment Company Act. Qualifying assets must represent at least 70 % of the Company’s total assets at the time of acquisition of any additional non-qualifying assets. Of the Company’s total assets, 16.97 % were non-qualifying assets as of period end. Security pays, or has the option to pay, some or all of its interest in kind. As of December 31, 2023, the Avation Capital SA secured bond, Nice-Pak Products, Inc. secured loan B, Ruby Tuesday Operations, LLC secured loan and each of the Universal Fiber Systems term loans pay a portion of their interest in-kind and the rates above reflect the payment-in-kind (“PIK”) interest rates. Indicates assets that the Company believes do not represent “qualifying assets” under Section 55(a) of the Investment Company Act. Qualifying assets must represent at least 70 % of the Company’s total assets at the time of acquisition of any additional non-qualifying assets. Of the Company’s total assets, 26.24 % were non-qualifying assets as of period end. Security exempt from registration pursuant to Rule 144A under the Securities Act. Such security may be sold in certain transactions (normally to qualified institutional buyers) and remain exempt from registration. As a practical expedient, the Company uses net asset value to determine the fair value of this investment. Controlled Investments” are investments in those companies that are “Controlled Investments” of the Company, as defined in the Investment Company Act of 1940, as amended (the “Investment Company Act”). A company is deemed to be a “Controlled Investment” of the Company if the Company owns more than 25% of the voting securities of such company. “ Percentage of class held refers only to equity held, if any, calculated on a fully diluted basis. “ Investments classified as Level 3 whereby fair value was determined by the Company ’ s board of directors (the “Board”). Non-income producing security. Investments classified as Level 3 whereby fair value was determined by the Company’s board of directors (the “Board”). “Affiliate Investments” are investments in those companies that are “Affiliated Companies” of the Company, as defined in the Investment Company Act, which are not “Controlled Investments.” A company is deemed to be an “Affiliate” of the Company if the Company owns 5% or more, but less than 25%, of the voting securities of such company. “Controlled Investments” are investments in those companies that are “Controlled Investments" of the Company, as defined in the Investment Company Act. A company is deemed to be a “Controlled Investment” of the Company if the Company owns more than 25% of the voting securities of such company. Percentage of class held refers only to equity held, if any, calculated on a fully diluted basis. Security pays, or has the option to pay, some or all of its interest in kind. As of September 30, 2024 , the Ipsen International Holding GmbH secured loan, Maverick Gaming second out loan, Nice-Pak Products, Inc. secured loan B, Ruby Tuesday Operations, LLC secured loans, each of the Universal Fiber Systems term loans, and Vi-Jon secured loan pay all or a portion of their interest in-kind and the rates above reflect the payment-in-kind (“PIK”) interest rates. Non-income producing security. Investment was on non-accrual status as of period end. Affiliate Investments” are investments in those companies that are “Affiliated Companies” of the Company, as defined in the Investment Company Act, which are not “Controlled Investments.” A company is deemed to be an “Affiliate” of the Company if the Company owns 5% or more, but less than 25%, of the voting securities of such company. As a practical expedient, the Company uses net asset value to determine the fair value of this investment. As of period end, the aggregate gross unrealized appreciation for all securities in which there was an excess of value over tax cost was $ 14,646 ; the aggregate gross unrealized depreciation for all securities in which there was an excess of tax cost over value was $ 34,125 ; the net unrealized depreciation was $ 19,479 ; the aggregate cost of securities for Federal income tax purposes was $ 438,236 . As of period end, the aggregate gross unrealized appreciation for all securities in which there was an excess of value over tax cost was $ 13,715 ; the aggregate gross unrealized depreciation for all securities in which there was an excess of tax cost over value was $ 11,273 ; the net unrealized depreciation was $ 2,441 ; the aggregate cost of securities for Federal income tax purposes was $ 238,978 .

CONSOLIDATED SCHEDULE OF INVE_2

CONSOLIDATED SCHEDULE OF INVESTMENTS (Parenthetical) (unaudited) - USD ($) $ in Thousands		9 Months Ended	12 Months Ended
		Sep. 30, 2024	Dec. 31, 2023
Schedule of Investments [Line Items]
Percentage of Net Assets		332.81%	244.51%
Percentage of non-qualifying assets		26.24%	16.97%
Investment owned, gross unrealized appreciation excess of value cost		$ 14,646	$ 13,715
Investment owned, gross unrealized depreciation excess of value cost		34,125	11,273
Investment owned,net unrealized depreciation		19,479	2,441
Aggregate cost of federal income tax		$ 438,236	$ 238,978
Maximum
Schedule of Investments [Line Items]
Percentage of Net Assets		1%	1%
Percentage of qualifying assets			70%
Minimum
Schedule of Investments [Line Items]
Percentage of qualifying assets		70%
Investment, Identifier [Axis]: CLO Formation JV, LLC 800 South Street Suite 230 Waltham, MA 02453 Industry Structured Finance Security Common Equity Initial Acquisition Date 04/24/2024
Schedule of Investments [Line Items]
Percentage of Net Assets	[1],[2],[3],[4],[5]	71.25%
Investment, Identifier [Axis]: Dynata, LLC (New Insight Holdings, Inc.) 4 Research Drive, Suite 300 Shelton, CT 06484 Industry Internet Media Security Common Equity Initial Acquisition Date 07/15/2024
Schedule of Investments [Line Items]
Percentage of Net Assets	[3],[5],[6],[7]	1.08%
Investment, Identifier [Axis]: Dynata, LLC (New Insight Holdings, Inc.) 4 Research Drive, Suite 300 Shelton, CT 06484 Industry Internet Media Security Warrants Initial Acquisition Date 07/15/2024
Schedule of Investments [Line Items]
Percentage of Net Assets	[3],[5],[6],[7]	3.20%
Investment, Identifier [Axis]: Great Elm Specialty Finance LLC 3100 West End Ave Suite 750 Nashville TN 37203 Specialty Finance Security Common Equity Initial Acquisition Date 09/01/2023
Schedule of Investments [Line Items]
Percentage of Net Assets	[8],[9],[10],[11],[12]		87.50%
Investment, Identifier [Axis]: Great Elm Specialty Finance, LLC 3100 West End Ave, Suite 750 Nashville, TN 37203 Industry Specialty Finance Security Common Equity Initial Acquisition Date 09/01/2023
Schedule of Investments [Line Items]
Percentage of Net Assets	[2],[3],[5],[6]	87.50%
Investment, Identifier [Axis]: NICE-PAK Products Inc Two Nice-Pak Park Orangeburg NY 10962 Consumer Products Warrants Initial Acquisition Date 09/30/2022
Schedule of Investments [Line Items]
Percentage of Net Assets	[8],[9],[10],[13]		2.56%
Investment, Identifier [Axis]: NICE-PAK Products, Inc. Two Nice-Pak Park Orangeburg, NY 10962 Industry Consumer Products Security Warrants Initial Acquisition Date 9/30/2022
Schedule of Investments [Line Items]
Percentage of Net Assets	[3],[5],[6],[7]	2.56%
Investment, Identifier [Axis]: One-month SOFR
Schedule of Investments [Line Items]
Investment interest rate of percentage		4.85%	5.35%
Investment, Identifier [Axis]: Other Liabilities in Excess of Net Assets
Schedule of Investments [Line Items]
Percentage of Net Assets		232.81%	144.50%
Investment, Identifier [Axis]: PFS Holdings Corp 3747 Hecktown Road Easton PA 18045 Food & Staples Security Common Equity Initial Acquisition Date 11/13/2020
Schedule of Investments [Line Items]
Percentage of Net Assets	[8],[9],[10],[11],[13]		5.05%
Investment, Identifier [Axis]: PFS Holdings Corp. 3747 Hecktown Road Easton, PA 18045 Industry Food & Staples Security Common Equity Initial Acquisition Date 11/13/2020
Schedule of Investments [Line Items]
Percentage of Net Assets	[3],[5],[6],[7],[14]	5.05%
Investment, Identifier [Axis]: Prime
Schedule of Investments [Line Items]
Investment interest rate of percentage		8%	8.50%
Investment, Identifier [Axis]: Ruby Tuesday Operations LLC 333 E. Broadway Avenue Maryville TN 37804 Restaurants Security Warrants Initial Acquisition Date 02/24/2021
Schedule of Investments [Line Items]
Percentage of Net Assets	[8],[9],[10],[13]		2.81%
Investment, Identifier [Axis]: Ruby Tuesday Operations LLC 333 E. Broadway Avenue Maryville, TN 37804 Industry Restaurants Security Warrants Initial Acquisition Date 2/24/2021
Schedule of Investments [Line Items]
Percentage of Net Assets	[3],[5],[6],[7]	2.81%
Investment, Identifier [Axis]: SOFR
Schedule of Investments [Line Items]
Investment interest rate of percentage		4.96%	5.38%
Investment, Identifier [Axis]: Six-month SOFR
Schedule of Investments [Line Items]
Investment interest rate of percentage		4.25%	5.16%
Investment, Identifier [Axis]: TOTAL INVESTMENTS
Schedule of Investments [Line Items]
Percentage of Net Assets		332.81%	244.51%
Investment, Identifier [Axis]: TRU Taj Trust 505 Park Avenue 2nd Floor New York NY 10022 Retail Security Common Equity Acquisition Date 07/21/2017
Schedule of Investments [Line Items]
Percentage of Net Assets	[8],[9],[10],[13]		2.75%
Investment, Identifier [Axis]: TRU Taj Trust 505 Park Avenue, 2nd Floor New York, NY 10022 Industry Retail Security Common Equity Initial Acquisition Date 7/21/2017
Schedule of Investments [Line Items]
Percentage of Net Assets	[3],[5],[6],[7]	2.75%
Investment, Identifier [Axis]: Three-month SOFR
Schedule of Investments [Line Items]
Investment interest rate of percentage		4.59%	5.33%
Investment, Identifier [Axis]: Total Investments excluding Short-Term Investments
Schedule of Investments [Line Items]
Percentage of Net Assets			233.56%
Investment, Identifier [Axis]: Total Short-Term Investments
Schedule of Investments [Line Items]
Percentage of Net Assets		67.93%	10.95%
Investment, Identifier [Axis]: Universal Fiber Systems 640 State Street Bristol TN 37620 Chemicals Security Warrants Initial Acquisition Date 09/30/2021
Schedule of Investments [Line Items]
Percentage of Net Assets	[8],[9],[10],[13]		1.50%
Investment, Identifier [Axis]: Universal Fiber Systems 640 State Street Bristol, TN 37620 Industry Chemicals Security Warrants Initial Acquisition Date 9/30/2021
Schedule of Investments [Line Items]
Percentage of Net Assets	[3],[5],[6],[7]	1.50%
[1] As a practical expedient, the Company uses net asset value to determine the fair value of this investment. Controlled Investments” are investments in those companies that are “Controlled Investments” of the Company, as defined in the Investment Company Act of 1940, as amended (the “Investment Company Act”). A company is deemed to be a “Controlled Investment” of the Company if the Company owns more than 25% of the voting securities of such company. “ Great Elm Capital Corp.’s (the “Company”) investments are generally acquired in private transactions exempt from registration under the Securities Act of 1933, as amended (the “Securities Act”) and, therefore, are generally subject to limitations on resale, and may be deemed to be “restricted securities” under the Securities Act. Indicates assets that the Company believes do not represent “qualifying assets” under Section 55(a) of the Investment Company Act. Qualifying assets must represent at least 70 % of the Company’s total assets at the time of acquisition of any additional non-qualifying assets. Of the Company’s total assets, 26.24 % were non-qualifying assets as of period end. Percentage of class held refers only to equity held, if any, calculated on a fully diluted basis. “ Investments classified as Level 3 whereby fair value was determined by the Company ’ s board of directors (the “Board”). Non-income producing security. Investments classified as Level 3 whereby fair value was determined by the Company’s board of directors (the “Board”). Percentage of class held refers only to equity held, if any, calculated on a fully diluted basis. The Company’s investments are generally acquired in private transactions exempt from registration under the Securities Act of 1933 and, therefore, are generally subject to limitations on resale, and may be deemed to be “restricted securities” under the Securities Act of 1933. “Affiliate Investments” are investments in those companies that are “Affiliated Companies” of the Company, as defined in the Investment Company Act, which are not “Controlled Investments.” A company is deemed to be an “Affiliate” of the Company if the Company owns 5% or more, but less than 25%, of the voting securities of such company. “Controlled Investments” are investments in those companies that are “Controlled Investments" of the Company, as defined in the Investment Company Act. A company is deemed to be a “Controlled Investment” of the Company if the Company owns more than 25% of the voting securities of such company. Non-income producing security. Affiliate Investments” are investments in those companies that are “Affiliated Companies” of the Company, as defined in the Investment Company Act, which are not “Controlled Investments.” A company is deemed to be an “Affiliate” of the Company if the Company owns 5% or more, but less than 25%, of the voting securities of such company.

CONSOLIDATED SCHEDULE OF INVE_3

CONSOLIDATED SCHEDULE OF INVESTMENTS (Investment Consisted) - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
Schedule of Investments [Line Items]
Investments at Fair Value	$ 418,757	$ 241,419
Percentage of Net Assets	332.81%	244.51%
Debt
Schedule of Investments [Line Items]
Investments at Fair Value	$ 234,496	$ 200,748
Percentage of Net Assets	186.37%	203.31%
Equity/Other
Schedule of Investments [Line Items]
Investments at Fair Value	$ 98,787	$ 29,864
Percentage of Net Assets	78.51%	30.25%
Short-Term Investments
Schedule of Investments [Line Items]
Investments at Fair Value	$ 85,474	$ 10,807
Percentage of Net Assets	67.93%	10.95%

CONSOLIDATED SCHEDULE OF INVE_4

CONSOLIDATED SCHEDULE OF INVESTMENTS (Geographic Composition of Portfolio At Fair Value) - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
Schedule of Investments [Line Items]
Investments at Fair Value	$ 418,757	$ 241,419
Percentage of Net Assets	332.81%	244.51%
United States
Schedule of Investments [Line Items]
Investments at Fair Value	$ 398,844	$ 227,438
Percentage of Net Assets	316.99%	230.35%
Canada
Schedule of Investments [Line Items]
Investments at Fair Value	$ 7,749	$ 6,456
Percentage of Net Assets	6.16%	6.54%
Bermuda
Schedule of Investments [Line Items]
Investments at Fair Value	$ 5,215
Percentage of Net Assets	4.14%
Europe
Schedule of Investments [Line Items]
Investments at Fair Value	$ 4,356	$ 3,958
Percentage of Net Assets	3.46%	4.01%
Australia
Schedule of Investments [Line Items]
Investments at Fair Value	$ 2,593	$ 3,567
Percentage of Net Assets	2.06%	3.61%

CONSOLIDATED SCHEDULE OF INVE_5

CONSOLIDATED SCHEDULE OF INVESTMENTS (Industry Composition of Portfolio At Fair Value) - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
Schedule of Investments [Line Items]
Investments at Fair Value	$ 418,757	$ 241,419
Percentage of Net Assets	332.81%	244.51%
Specialty Finance
Schedule of Investments [Line Items]
Investments at Fair Value	$ 43,613	$ 52,322
Percentage of Net Assets	34.67%	52.99%
Structured Finance
Schedule of Investments [Line Items]
Investments at Fair Value	$ 32,893
Percentage of Net Assets	26.14%
Chemicals
Schedule of Investments [Line Items]
Investments at Fair Value	$ 24,656	$ 27,023
Percentage of Net Assets	19.60%	27.37%
Transportation Equipment Manufacturing
Schedule of Investments [Line Items]
Investments at Fair Value	$ 23,937	$ 17,261
Percentage of Net Assets	19.02%	17.48%
Technology
Schedule of Investments [Line Items]
Investments at Fair Value	$ 22,957	$ 7,342
Percentage of Net Assets	18.25%	7.44%
Consumer Products
Schedule of Investments [Line Items]
Investments at Fair Value	$ 22,331	$ 20,211
Percentage of Net Assets	17.75%	20.47%
Insurance
Schedule of Investments [Line Items]
Investments at Fair Value	$ 21,050	$ 16,026
Percentage of Net Assets	16.73%	16.23%
Credit Fund
Schedule of Investments [Line Items]
Investments at Fair Value	$ 16,724
Percentage of Net Assets	13.29%
Food & Staples
Schedule of Investments [Line Items]
Investments at Fair Value	$ 12,994	$ 7,199
Percentage of Net Assets	10.33%	7.29%
Closed-End Fund
Schedule of Investments [Line Items]
Investments at Fair Value	$ 12,479	$ 6,770
Percentage of Net Assets	9.92%	6.86%
Metals & Mining
Schedule of Investments [Line Items]
Investments at Fair Value	$ 10,589	$ 9,538
Percentage of Net Assets	8.42%	9.66%
Oil & Gas Exploration & Production
Schedule of Investments [Line Items]
Investments at Fair Value	$ 10,511	$ 11,420
Percentage of Net Assets	8.35%	11.57%
Industrial
Schedule of Investments [Line Items]
Investments at Fair Value	$ 9,788	$ 3,719
Percentage of Net Assets	7.78%	3.77%
Shipping
Schedule of Investments [Line Items]
Investments at Fair Value	$ 8,808	$ 11,724
Percentage of Net Assets	7%	11.87%
Consumer Services
Schedule of Investments [Line Items]
Investments at Fair Value	$ 8,788	$ 1,742
Percentage of Net Assets	6.98%	1.76%
Internet Media
Schedule of Investments [Line Items]
Investments at Fair Value	$ 7,039	$ 13,732
Percentage of Net Assets	5.59%	13.91%
Casinos & Gaming
Schedule of Investments [Line Items]
Investments at Fair Value	$ 6,610	$ 4,252
Percentage of Net Assets	5.25%	4.31%
Energy Services
Schedule of Investments [Line Items]
Investments at Fair Value	$ 6,496	$ 6,930
Percentage of Net Assets	5.16%	7.02%
Aircraft
Schedule of Investments [Line Items]
Investments at Fair Value	$ 4,356	$ 3,958
Percentage of Net Assets	3.46%	4.01%
Energy Midstream
Schedule of Investments [Line Items]
Investments at Fair Value	$ 4,042	$ 1,996
Percentage of Net Assets	3.21%	2.02%
Defense
Schedule of Investments [Line Items]
Investments at Fair Value	$ 3,994	$ 1,945
Percentage of Net Assets	3.17%	1.97%
Restaurants
Schedule of Investments [Line Items]
Investments at Fair Value	$ 3,989	$ 3,441
Percentage of Net Assets	3.17%	3.48%
Apparel
Schedule of Investments [Line Items]
Investments at Fair Value	$ 3,830	$ 2,007
Percentage of Net Assets	3.04%	2.03%
Financial Services
Schedule of Investments [Line Items]
Investments at Fair Value	$ 2,700
Percentage of Net Assets	2.15%
Electronics Manufacturing
Schedule of Investments [Line Items]
Investments at Fair Value	$ 2,382
Percentage of Net Assets	1.89%
Retail
Schedule of Investments [Line Items]
Investments at Fair Value	$ 2,186	$ 54
Percentage of Net Assets	1.74%	0.05%
Capital Equipment
Schedule of Investments [Line Items]
Investments at Fair Value	$ 1,997
Percentage of Net Assets	1.59%
Marketing Services
Schedule of Investments [Line Items]
Investments at Fair Value	$ 1,544
Percentage of Net Assets	1.23%
Short-Term Investments
Schedule of Investments [Line Items]
Investments at Fair Value	$ 85,474	$ 10,807
Percentage of Net Assets	67.93%	10.95%

Insider Trading Arrangements

Insider Trading Arrangements	3 Months Ended
	Sep. 30, 2024
Trading Arrangements, by Individual
Rule 10b5-1 Arrangement Adopted	false
Non-Rule 10b5-1 Arrangement Adopted	false
Rule 10b5-1 Arrangement Terminated	false
Non-Rule 10b5-1 Arrangement Terminated	false

Organization

Organization	9 Months Ended
	Sep. 30, 2024
Accounting Policies [Abstract]
Organization	1. ORGANIZATION Great Elm Capital Corp. (the “Company”) was formed on April 22, 2016 as a Maryland corporation. The Company is structured as an externally managed, non-diversified closed-end management investment company. The Company elected to be regulated as a business development company (a “BDC”) under the Investment Company Act of 1940, as amended (the “Investment Company Act”). The Company is managed by Great Elm Capital Management, LLC, a Delaware corporation (“GECM”), a subsidiary of Great Elm Group, Inc., a Delaware corporation (“GEG”). The Company seeks to generate current income and capital appreciation through debt and income generating equity investments, including investments in specialty finance businesses.

Significant Accounting Policies

Significant Accounting Policies	9 Months Ended
	Sep. 30, 2024
Accounting Policies [Abstract]
Significant Accounting Policies	2. SIGNIFICANT ACCOUNTING POLICIES Basis of Presentation . The Company’s functional currency is U.S. dollars and these consolidated financial statements have been prepared in that currency. The accompanying consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (“GAAP”) and pursuant to Regulation S-X and Regulation S-K. These financial statements reflect all adjustments (consisting of normal recurring items or items discussed herein) that management believes are necessary to fairly state results for the interim periods presented. Results of operations for interim periods are not necessarily indicative of annual results of operations. The Company is an investment company following accounting and reporting guidance in Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) Topic 946, Financial Services – Investment Companies . Certain prior period amounts have been reclassified to conform to current period presentation. Basis of Consolidation . Under the Investment Company Act, Article 6 of Regulation S-X and GAAP, the Company is generally precluded from consolidating any entity other than another investment company or an operating company which provides substantially all of its services and benefits to the Company. Use of Estimates . The preparation of the consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amount of assets and liabilities and disclosure of contingent assets and liabilities at the date of the consolidated financial statements. Changes in the economic environment, financial markets and any other parameters used in determining these estimates could cause actual results to differ materially. Revenue Recognition . Interest and dividend income, including income paid in kind, is recorded on an accrual basis. Origination, structuring, closing, commitment and other upfront fees, including original issue discounts, earned with respect to capital commitments, are generally amortized or accreted into interest income over the life of the respective debt investment, as are end-of-term or exit fees receivable upon repayment of a debt investment if such fees are fixed in nature. Other fees, including certain amendment fees, prepayment fees and commitment fees on broken deals, and end-of-term or exit fees that have a contingency feature or are variable in nature are recognized as earned. Prepayment fees and similar income due upon the early repayment of a loan or debt security are generally included in interest income. Interest income received as paid-in-kind (“PIK”) is reported separately in the Statements of Operations. Income is included as PIK if the instrument solely provides for settlement in kind. In the event that the borrower can settle in kind or via cash payment, the income is not included as PIK until the borrower elects to pay in kind and the payment is received by the Company. In the event there is a lesser cash rate in a PIK toggle instrument, income is accrued at the lesser cash rate until the coupon is paid in kind and such larger payment is received by the Company. Certain of the Company’s debt investments were purchased at a discount to par as a result of the underlying credit risks and financial results of the issuer, as well as general market factors that influence the financial markets as a whole. Discounts on the acquisition of corporate debt instruments are generally amortized using the effective-interest or constant-yield method assuming there are no material questions as to collectability. Interest income in CLO subordinated note investments are recorded on an accrual basis utilizing an effective interest methodology based upon an effective yield to maturity of projected cash flows. ASC Topic 325-40, Beneficial Interests in Securitized Financial Assets (“ASC 325”) requires investment income from such investments be recognized under the effective interest method, with any difference between cash distributed and the amount calculated pursuant to the effective interest method be recorded as an adjustment to the cost basis of the investment. It is the Company’s policy to monitor and update the effective yield for each CLO subordinated note position held at each measurement date and updated periodically, as needed. Net Realized Gains (Losses) and Net Change in Unrealized Appreciation (Depreciation) . The Company measures realized gains or losses by the difference between the net proceeds from the repayment or sale of an investment and the amortized cost basis of the investment, without regard to unrealized appreciation or depreciation previously recognized. Realized gains and losses are computed using the specific identification method. Net change in unrealized appreciation or depreciation reflects the net change in portfolio investment values and portfolio investment cost bases during the reporting period, including the reversal of previously recorded unrealized appreciation or depreciation when gains or losses are realized. Cash and Cash Equivalents . Cash and cash equivalents typically consist of bank demand deposits. Restricted cash generally consists of collateral for unfunded positions held by counterparties. Valuation of Portfolio Investments . The Company carries its investments in accordance with ASC Topic 820, Fair Value Measurements and Disclosures (“ASC 820”), which defines fair value, establishes a framework for measuring fair value and requires disclosures about fair value measurements. Fair value is generally based on quoted market prices provided by independent pricing services, broker or dealer quotations or alternative price sources. In the absence of quoted market prices, broker or dealer quotations or alternative price sources, investments are measured at fair value as determined by the Company’s board of directors (the “Board”). Due to the inherent uncertainties of valuation, certain estimated fair values may differ significantly from the values that would have been realized had a ready market for these investments existed, and these differences could be material. See Note 4. The Company values its portfolio investments at fair value based upon the principles and methods of valuation set forth in policies adopted by the Board. Fair value is defined as the price that would be received to sell an asset in an orderly transaction between market participants at the measurement date. Market participants are buyers and sellers in the principal (or most advantageous) market for the asset that (1) are independent of the Company, (2) are knowledgeable, having a reasonable understanding about the asset based on all available information (including information that might be obtained through due diligence efforts that are usual and customary), (3) are able to transact for the asset, and (4) are willing to transact for the asset (that is, they are motivated but not forced or otherwise compelled to do so). Investments for which market quotations are readily available are valued at such market quotations unless the quotations are deemed not to represent fair value. The Company generally obtains market quotations from recognized exchanges, market quotation systems, independent pricing services or one or more broker-dealers or market makers. Short term debt investments with remaining maturities within ninety days are generally valued at amortized cost, which approximates fair value. Debt and equity securities for which market quotations are not readily available, which is the case for many of the Company’s investments, or for which market quotations are deemed not to represent fair value, are valued at fair value using a consistently applied valuation process in accordance with the Company’s documented valuation policy that has been reviewed and approved by the Board, who also approve in good faith the valuation of such securities as of the end of each quarter. Due to the inherent uncertainty and subjectivity of determining the fair value of investments that do not have a readily available market value, the fair value of the Company’s investments may differ significantly from the values that would have been used had a readily available market value existed for such investments and may differ materially from the values that the Company may ultimately realize. In addition, changes in the market environment and other events may have differing impacts on the market quotations used to value some of the Company’s investments than on the fair values of the Company’s investments for which market quotations are not readily available. Market quotations may be deemed not to represent fair value in certain circumstances where the Company believes that facts and circumstances applicable to an issuer, a seller or purchaser, or the market for a particular security cause current market quotations to not reflect the fair value of the security. The valuation process approved by the Board with respect to investments for which market quotations are not readily available or for which market quotations are deemed not to represent fair value is as follows: ▪ The investment professionals of GECM provide recent portfolio company financial statements and other reporting materials to an independent valuation firm (or firms) approved by the Board; ▪ Such firms evaluate this information along with relevant observable market data to conduct independent appraisals each quarter, and their preliminary valuation conclusions are documented, discussed, and iterated with senior management of GECM; ▪ The fair value of investments comprising in the aggregate less than 5 % of the Company’s total capitalization and individually less than 1 % of the Company’s total capitalization may be determined by GECM in good faith in accordance with the Company’s valuation policy without the employment of an independent valuation firm; and ▪ The Company’s audit committee recommends, and the Board approves, the fair value of the investments in the Company’s portfolio in good faith based on the input of GECM, the independent valuation firms (to the extent applicable) and the business judgment of the audit committee and the Board, respectively. Those investments for which market quotations are not readily available or for which market quotations are deemed not to represent fair value are valued utilizing a market approach, an income approach, or both approaches, as appropriate. The market approach uses prices and other relevant information generated by market transactions involving identical or comparable assets or liabilities (including a business). The income approach uses valuation techniques to convert future amounts (for example, cash flows or earnings) to a single present amount (discounted). The measurement is based on the value indicated by current market expectations about those future amounts. In following these approaches, the types of factors that the Company may take into account in determining the fair value of its investments include, as relevant and among other factors: available current market data, including relevant and applicable market trading and transaction comparables, applicable market yields and multiples, security covenants, call protection provisions, information rights, the nature and realizable value of any collateral, the portfolio company’s ability to make payments, its earnings and discounted cash flows, the markets in which the portfolio company does business, comparisons of financial ratios of peer companies that are public, merger and acquisition comparables, and enterprise values. Investments in revolvers or delayed draw loans may include unfunded commitments for which the Company’s acquisition cost will be offset by compensation received on the portion of the commitment that is unfunded. As a result, the purchases of a commitment that is not fully funded may result in a negative cost basis for the funded commitment. The fair value of the unfunded commitment is adjusted for price appreciation or depreciation and may result in a negative fair value for the unfunded commitment. Deferred Financing Costs and Deferred Offering Costs . Deferred financing costs and deferred offering costs consist of fees and expenses incurred in connection with financing or capital raising activities and include professional fees, printing fees, filing fees and other related expenses. Deferred financing costs incurred in connection with the revolving credit facility are amortized on a straight-line basis over the term of the revolving credit facility. Unamortized costs are included in deferred financing costs on the consolidated statements of assets and liabilities and amortization of those costs is included in interest expense on the consolidated statements of operations. Deferred offering costs incurred in connection with the unsecured notes are amortized over the term of the respective unsecured note using the effective interest method. Unamortized costs are treated as a reduction to the carrying amount of the debt on the consolidated statements of assets and liabilities and amortization of those costs is included in interest expense on the consolidated statements of operations. Deferred offering costs incurred in connection with the shelf registration on form N-2 are capitalized when incurred and recognized as a reduction to offering proceeds when the offering becomes effective or expensed upon expiration of the registration statement, if applicable. Deferred offering costs are included with prepaid expenses and other assets on the consolidated statements of assets and liabilities. Prepaid Expenses and Other Assets. Prepaid expenses include expenses paid in advance such as annual insurance premiums and deferred offering costs, as described above. Other assets may include contributions to investments paid in advance of trade date. Foreign Currency Translation . Amounts denominated in foreign currencies are translated into U.S. dollars on the following basis: (1) investments and other assets and liabilities denominated in foreign currencies are translated into U.S. dollars based upon currency exchange rates effective on the date of valuation; and (2) purchases and sales of investments and income and expense items denominated in foreign currencies are translated into U.S. dollars based upon currency exchange rates prevailing on the transaction dates. The portion of gains and losses on foreign investments resulting from fluctuations in foreign currencies is included in net realized and unrealized gain or loss from investments. U.S. Federal Income Taxes . From inception to September 30, 2016, the Company was a taxable association under Internal Revenue Code of 1986, as amended (the “Code”). The Company has elected to be taxed as a regulated investment company (“RIC”) under subchapter M of the Code. The Company intends to operate in a manner so as to qualify for the tax treatment applicable to RICs in that taxable year and all future taxable years. In order to qualify as a RIC, among other things, the Company will be required to timely distribute to its stockholders at least 90 % of investment company taxable income (“ICTI”) including PIK interest, as defined by the Code, for each taxable year in order to be eligible for tax treatment under subchapter M of the Code. Depending on the level of ICTI earned in a tax year, the Company may choose to carry forward ICTI in excess of current year dividend distributions into the next tax year. Any such carryover ICTI must be distributed prior to the 15th day of the ninth month after the tax year-end. So long as the Company maintains its status as a RIC, it generally will not be subject to corporate-level U.S. federal income taxes on any ordinary income or capital gains that it distributes at least annually to its stockholders as distributions. Rather, any tax liability related to income earned by the Company represents obligations of the Company’s stockholders and will not be reflected in the consolidated financial statements of the Company. If the Company does not distribute (or is not deemed to have distributed) each calendar year the sum of (1) 98 % of its net ordinary income for each calendar year, (2) 98.2 % of its capital gain net income for the one-year period ending October 31 in that calendar year and (3) any income recognized, but not distributed, in preceding years (the “Minimum Distribution Amount”), the Company will generally be required to pay an excise tax equal to 4 % of the amount by the which Minimum Distribution Amount exceeds the distributions for the year. To the extent that the Company determines that its estimated current year annual taxable income will be in excess of estimated current year dividend distributions from such taxable income, the Company accrues excise taxes, if any, on estimated excess taxable income as taxable income is earned using an annual effective excise tax rate. The annual effective excise tax rate is determined by dividing the estimated annual excise tax by the estimated annual taxable income. The Company has accrued $ 80 of excise tax expense during the nine months ended September 30, 2024 . The Company accrued $ 287 of excise tax expense during the year ended December 31, 2023. At December 31, 2023, the Company, for federal income tax purposes, had capital loss carryforwards of $ 193,501 which will reduce its taxable income arising from future net realized gains on investment transactions, if any, to the extent permitted by the Internal Revenue Code, and thus will reduce the amount of distributions to stockholders, which would otherwise be necessary to relieve the Company of any liability for federal income tax. On December 22, 2010, the Regulated Investment Company Modernization Act of 2010 (the “Modernization Act”) was signed into law. The Modernization Act changed the capital loss carryforward rules as they relate to regulated investment companies. Capital losses generated in tax years beginning after the date of enactment may now be carried forward indefinitely, and retain the character of the original loss. Of the capital loss carryforwards at December 31, 2023, $ 40,819 are limited losses and available for use subject to annual limitation under Section 382. Of the capital losses at December 31, 2023, $ 16,815 are short-term and $ 176,686 are long term. ASC 740, Accounting for Uncertainty in Income Taxes (“ASC 740”) provides guidance on the accounting for and disclosure of uncertainty in tax position. ASC 740 requires the evaluation of tax positions taken or expected to be taken in the course of preparing the Company’s tax returns to determine whether the tax positions are “more-likely-than-not” of being sustained by the applicable tax authority. Tax positions deemed to meet the more-likely-than-not threshold are recorded as a tax benefit or expense in the current year. Based on its analysis of its tax position for all open tax years (the current and prior years, as applicable), the Company has concluded that it does not have any uncertain tax positions that met the recognition or measurement criteria of ASC 740. Such open tax years remain subject to examination and adjustment by tax authorities.

N-2

N-2 - USD ($) $ / shares in Units, $ in Millions												3 Months Ended															9 Months Ended
	Oct. 03, 2024	Sep. 19, 2024	Jul. 09, 2024	Apr. 25, 2024	Apr. 17, 2024	Aug. 16, 2023	Jul. 09, 2021	Jun. 23, 2021	Feb. 09, 2018	Jan. 19, 2018	Jan. 11, 2018	Sep. 30, 2024		Jun. 30, 2024	Mar. 31, 2024	Dec. 31, 2023		Sep. 30, 2023		Jun. 30, 2023	Mar. 31, 2023	Dec. 31, 2022		Sep. 30, 2022	Jun. 30, 2022	Mar. 31, 2022	Sep. 30, 2024		Oct. 24, 2024
Cover [Abstract]
Entity Central Index Key																											0001675033
Amendment Flag																											false
Securities Act File Number																											814-01211
Document Type																											10-Q
Entity Registrant Name																											Great Elm Capital Corp.
Entity Address, Address Line One																											3801 PGA Boulevard
Entity Address, Address Line Two																											Suite 603
Entity Address, City or Town																											Palm Beach Gardens
Entity Address, State or Province																											FL
Entity Address, Postal Zip Code																											33410
City Area Code																											617
Local Phone Number																											375-3006
Entity Emerging Growth Company																											false
General Description of Registrant [Abstract]
Investment Objectives and Practices [Text Block]																											We are a BDC that seeks to generate both current income and capital appreciation through debt and income-generating equity investments, including investments in specialty finance businesses. To achieve our investment objective, we invest in secured and senior secured debt instruments of middle market companies, as well as income generating equity investments in specialty finance companies, that we believe offer sufficient downside protection and have the potential to generate attractive returns. We generally define middle market companies as companies with enterprise values between $100 million and $2 billion. We also make investments throughout other portions of a company’s capital structure, including subordinated debt, mezzanine debt, and equity or equity‑linked securities. We source these transactions directly with issuers and in the secondary markets through relationships with industry professionals.
Risk Factors [Table Text Block]																											Item 1A. Ri sk Factors. There have been no material changes in risk factors in the period covered by this report. See discussion of risk factors in Part I, Item 1A “Risk Factors” of our Annual Report on Form 10-K for the year ended December 31, 2023 .
Share Price [Table Text Block]																											Share Price Data The following table sets forth: (i) NAV per share of our common stock as of the applicable period end, (ii) the range of high and low closing sales prices of our common stock as reported on the Nasdaq Global Market during the applicable period, (iii) the closing high and low sales prices as a premium (discount) to NAV during the relevant period, and (iv) the distributions per share of our common stock declared during the applicable period. Shares of business development companies may trade at a market price that is less than the value of the net assets attributable to those shares. The possibility that our shares of common stock will trade at a discount or premium to NAV is separate and distinct from the risk that our NAV will decrease. During the last two fiscal years, our common stock has generally traded below NAV. During the last two fiscal years, using the high and low sales prices within each fiscal quarter compared to the NAV at such quarter end, our common stock has traded as high as a 26.1 % premium to NAV and as low as a 40.4 % discount to NAV. Closing Sales Price (1) Premium (Discount) of High Sales Price Premium (Discount) of Low Sales Price Distributions NAV High Low to NAV (1)(2) to NAV (1)(2) Declared (3) Fiscal year ending December 31, 2024 Fourth Quarter (through October 24, 2024) N/A $ 10.27 $ 9.90 -- -- -- Third Quarter $ 12.04 10.90 9.66 ( 9.5 )% ( 19.8 )% $ 0.35 Second Quarter 12.06 10.91 10.07 ( 9.5 )% ( 16.5 )% 0.35 First Quarter 12.57 11.10 10.22 ( 11.7 )% ( 18.7 )% 0.35 Fiscal year ending December 31, 2023 Fourth Quarter $ 12.99 $ 10.98 $ 8.51 ( 15.5 )% ( 34.5 )% $ 0.45 Third Quarter 12.88 10.25 7.68 ( 20.4 )% ( 40.4 )% 0.35 Second Quarter 12.21 9.10 7.58 ( 25.5 )% ( 37.9 )% 0.35 First Quarter 11.88 9.75 8.50 ( 17.9 )% ( 28.5 )% 0.35 Fiscal year ending December 31, 2022 Fourth Quarter $ 11.16 $ 10.29 $ 8.17 ( 7.8 )% ( 26.8 )% $ 0.45 Third Quarter 12.56 12.70 8.04 1.1 % ( 36.0 )% 0.45 Second Quarter 12.84 15.00 12.30 16.9 % ( 4.2 )% 0.45 First Quarter 15.06 18.99 13.80 26.1 % ( 8.4 )% 0.60 (1) High and low closing sales prices for the first quarter in the fiscal year ending December 31, 2022 have been adjusted retroactively for the reverse stock split effected on February 28, 2022. (2) Calculated as of the respective high or low closing sales price divided by the quarter-end NAV. (3) We have adopted a dividend reinvestment plan that provides for reinvestment of our dividends and other distributions on behalf of our stockholders, unless a stockholder elects to receive cash. As a result, if our Board authorizes, and we declare, a cash distribution, our stockholders who have not opted out of our dividend reinvestment plan will have their cash distributions (net of any applicable withholding tax) automatically reinvested in additional shares of our common stock, rather than receiving the cash distributions. For all periods presented in the table above, there was no return of capital included in any distribution. The last reported closing price for our common stock on October 24, 2024 was $ 10.05 per share. As of October 24, 2024, we had 9 record holders of our common stock.
Lowest Price or Bid												$ 9.66		$ 10.07	$ 10.22	$ 8.51		$ 7.68		$ 7.58	$ 8.5	$ 8.17		$ 8.04	$ 12.3	$ 13.8
Highest Price or Bid												$ 10.9		$ 10.91	$ 11.1	$ 10.98		$ 10.25		$ 9.1	$ 9.75	$ 10.29		$ 12.7	$ 15	$ 18.99
Highest Price or Bid, Premium (Discount) to NAV [Percent]												(9.50%)		(9.50%)	(11.70%)	(15.50%)		(20.40%)		(25.50%)	(17.90%)	(7.80%)		1.10%	16.90%	26.10%	26.10%
Lowest Price or Bid, Premium (Discount) to NAV [Percent]												(19.80%)		(16.50%)	(18.70%)	(34.50%)		(40.40%)		(37.90%)	(28.50%)	(26.80%)		(36.00%)	(4.20%)	(8.40%)	(40.40%)
NAV Per Share												$ 12.04	[1]	$ 12.06	$ 12.57	$ 12.99	[1]	$ 12.88	[1]	$ 12.21	$ 11.88	$ 11.16	[1]	$ 12.56	$ 12.84	$ 15.06	$ 12.04	[1]
Capital Stock, Long-Term Debt, and Other Securities [Abstract]
Long Term Debt [Table Text Block]																											Notes Payable On January 11, 2018, we issued $ 43.0 million in aggregate principal amount of 6.75% notes due 2025 (the “ GECCM Notes ”). On January 19, 2018 and February 9, 2018, we issued an additional $ 1.9 million and $ 1.5 million, respectively, of the GECCM Notes upon partial exercise of the underwriters’ over-allotment option. The aggregate principal balance of the GECCM Notes outstanding as of September 30, 2024 was $ 45.3 million . On September 12, 2024, we caused redemption notices to be issued to the holders of the GECCM Notes regarding the Company's exercise of its option to redeem, in whole, the issued and outstanding GECCM Notes. We redeemed all of the issued and outstanding GECCM Notes on October 12, 2024 at 100% of the principal amount plus accrued and unpaid interest thereon from September 30, 2024 through, but excluding, the redemption date, October 12, 2024. On June 23, 2021, we issued $ 50.0 million in aggregate principal amount of 5.875% notes due 2026 (the “ GECCO Notes ”). On July 9, 2021, we issued an additional $ 7.5 million of the GECCO Notes upon full exercise of the underwriters’ over-allotment option. The aggregate principal balance of the GECCO Notes outstanding as of September 30, 2024 is $ 57.5 million . On August 16, 2023, we issued $ 40.0 million in aggregate principal amount of 8.75% notes due 2028 (the “ GECCZ Notes ” and, together with the GECCM Notes and GECCO Notes, the “Notes”). The aggregate principal balance of the GECCZ Notes outstanding as of September 30, 2024 is $ 40.0 million . On April 17, 2024, we issued $ 30.0 million in aggregate principal amount of 8.50% notes due 2029 (the “GECCI Notes”). On April 25, 2024, we issued an additional $ 4.5 million of the GECCI Notes upon full exercise of the underwriters’ over-allotment option. On July 9, 2024, we issued an additional $ 22.0 million in aggregate principal amount of the GECCI Notes in a direct placement. The aggregate principal balance of the GECCI Notes outstanding as of September 30, 2024 is $ 56.5 million . On September 19, 2024, the Company issued $ 36.0 million in aggregate principal amount of 8.125% notes due 2029 (the "GECCH Notes"). On October 3, 2024, the Company issued an additional $ 5.4 million of the GECCH Notes upon full exercise of the underwriters' over-allotment option. The aggregate principal balance of the GECCH Notes outstanding as of September 30, 2024 is $ 36.0 million . The Notes are our unsecured obligations and rank equal with all of our outstanding and future unsecured unsubordinated indebtedness. The unsecured notes are effectively subordinated, or junior in right of payment, to indebtedness under our Loan Agreement and any other future secured indebtedness that we may incur to the extent of the value of the assets securing such indebtedness and structurally subordinated to all future indebtedness and other obligations of our subsidiaries. We pay interest on the Notes on March 31, June 30, September 30 and December 31 of each year. The GECCO Notes, GECCZ Notes, GECCI and GECCH Notes will mature on June 30, 2026, September 30, 2028, April 30, 2029, and December 31, 2029 respectively. The GECCO Notes are currently callable at the Company’s option and the GECCZ Notes, GECCI Notes and GECCH Notes can be called on, or after, September 30, 2025, April 30, 2026, and December 31, 2026, respectively. Holders of the Notes do not have the option to have the Notes repaid prior to the stated maturity date. The Notes were issued in minimum denominations of $25 and integral multiples of $25 in excess thereof. We may repurchase the Notes in accordance with the Investment Company Act and the rules promulgated thereunder. During the nine months ended September 30, 2024, the Company repurchased $0.3 million in principal amount of the GECCM Notes prior to redeeming them in full on October 12, 2024. As of September 30, 2024, our asset coverage ratio was approximately 166.2% . Under the Investment Company Act, we are subject to a minimum asset coverage ratio of 150%.
Long Term Debt, Structuring [Text Block]																											We pay interest on the Notes on March 31, June 30, September 30 and December 31 of each year. The GECCO Notes, GECCZ Notes, GECCI and GECCH Notes will mature on June 30, 2026, September 30, 2028, April 30, 2029, and December 31, 2029 respectively. The GECCO Notes are currently callable at the Company’s option and the GECCZ Notes, GECCI Notes and GECCH Notes can be called on, or after, September 30, 2025, April 30, 2026, and December 31, 2026, respectively. Holders of the Notes do not have the option to have the Notes repaid prior to the stated maturity date. The Notes were issued in minimum denominations of $25 and integral multiples of $25 in excess thereof.
Long Term Debt, Rights Limited by Other Securities [Text Block]																											The Notes are our unsecured obligations and rank equal with all of our outstanding and future unsecured unsubordinated indebtedness. The unsecured notes are effectively subordinated, or junior in right of payment, to indebtedness under our Loan Agreement and any other future secured indebtedness that we may incur to the extent of the value of the assets securing such indebtedness and structurally subordinated to all future indebtedness and other obligations of our subsidiaries.
Subsequent Event [Member]
General Description of Registrant [Abstract]
Share Price																													$ 10.05
GECCM Notes [Member]
Capital Stock, Long-Term Debt, and Other Securities [Abstract]
Long Term Debt, Title [Text Block]											GECCM Notes
Long Term Debt, Principal									$ 1.5	$ 1.9	$ 43																$ 45.3
GECCO Notes [Member]
Capital Stock, Long-Term Debt, and Other Securities [Abstract]
Long Term Debt, Title [Text Block]								GECCO Notes
Long Term Debt, Principal							$ 7.5	$ 50																			57.5
GECCZ Notes [Member]
Capital Stock, Long-Term Debt, and Other Securities [Abstract]
Long Term Debt, Title [Text Block]						GECCZ Notes
Long Term Debt, Principal						$ 40																					40
GECCI Notes [Member]
Capital Stock, Long-Term Debt, and Other Securities [Abstract]
Long Term Debt, Title [Text Block]					On April 17, 2024, we issued $ 30.0 million in aggregate principal amount of 8.50% notes due 2029 (the “GECCI Notes”). On April 25, 2024, we issued an additional $ 4.5 million of the GECCI Notes upon full exercise of the underwriters’ over-allotment option. On July 9, 2024, we issued an additional $ 22.0 million in aggregate principal amount of the GECCI Notes in a direct placement. The aggregate principal balance of the GECCI Notes outstanding as of September 30, 2024 is $ 56.5 million . On September 19, 2024, the Company issued $ 36.0 million in aggregate principal amount of 8.125% notes due 2029 (the "GECCH Notes"). On October 3, 2024, the Company issued an additional $ 5.4 million of the GECCH Notes upon full exercise of the underwriters' over-allotment option. The aggregate principal balance of the GECCH Notes outstanding as of September 30, 2024 is $ 36.0 million .
Long Term Debt, Principal			$ 22	$ 4.5	$ 30																						56.5
GECCH Notes [Member]
Capital Stock, Long-Term Debt, and Other Securities [Abstract]
Long Term Debt, Principal		$ 36																									$ 36
GECCH Notes [Member] | Subsequent Event [Member]
Capital Stock, Long-Term Debt, and Other Securities [Abstract]
Long Term Debt, Principal	$ 5.4
[1] The per share data was derived by using the weighted average shares outstanding during the period, except where such calculations deviate from those specified under the instructions to Form N-2.

Significant Agreements and Rela

Significant Agreements and Related Parties	9 Months Ended
	Sep. 30, 2024
Related Party Transactions [Abstract]
Significant Agreements and Related Parties	3. SIGNIFICANT AGREEMENTS AND RELATED PARTIES Investment Management Agreement. The Company has an investment management agreement (the “Investment Management Agreement”) with GECM. Beginning on November 4, 2016, the Company began accruing for GECM’s fees for its services under the Investment Management Agreement. This fee consists of two components: a base management fee and an incentive fee. Effective August 1, 2022, upon receiving approval from the Company’s stockholders, the Company and GECM amended the Investment Management Agreement to reset the Capital Gains Incentive Fee to begin on April 1, 2022, which eliminated $ 163.2 million of historical realized and unrealized losses incurred prior to April 1, 2022 in calculating future incentive fees. In addition, the Income Incentive Fee was amended to reset the mandatory deferral commencement date used in calculating deferred incentive fees to April 1, 2022. The Company’s Chief Executive Officer and President is also a portfolio manager for GECM, as well as a Managing Director of Imperial Capital Asset Management, LLC. The Company’s Chief Compliance Officer is also the chief compliance officer and general counsel of GECM, and the president of GEG. The Company’s Chief Financial Officer is also the chief financial officer of GEG. Management Fee The base management fee is calculated at an annual rate of 1.50 % of the Company’s average adjusted gross assets, including assets purchased with borrowed funds. The base management fee is payable quarterly in arrears. The base management fee is calculated based on the average value of the Company’s gross assets, excluding cash and cash equivalents, at the end of the two most recently completed calendar quarters, and appropriately adjusted for any share issuances or repurchases during the then current calendar quarter. Base management fees for any partial quarter are prorated. For the three and nine months ended September 30, 2024 management fees amounted to $ 1,201 and $ 3,209 , respectively. For the three and nine months ended September 30, 2023 management fees amounted to $ 899 and $ 2,652 , respectively. As of September 30, 2024 and December 31, 2023, $ 1,200 and $ 887 , respectively, remained payable. Incentive Fee The incentive fee consists of two components that are independent of each other with the result that one component may be payable even if the other is not. One component of the incentive fee is based on income (the “Income Incentive Fee”) and the other component is based on capital gains (the “Capital Gains Incentive Fee”). The Income Incentive Fee is calculated on a quarterly basis as 20 % of the amount by which the Company’s pre-incentive fee net investment income (the “Pre-Incentive Fee Net Investment Income”) for the quarter exceeds a hurdle rate of 1.75 % ( 7.0 % annualized) of the Company’s net assets at the end of the immediately preceding calendar quarter, subject to a “catch-up” provision pursuant to which GECM receives all of such income in excess of the 1.75 % level but less than 2.1875 % ( 8.75 % annualized) and subject to a total return requirement (described below). The effect of the “catch-up” provision is that, subject to the total return provision, if pre-incentive fee net investment income exceeds 2.1875 % of the Company’s net assets at the end of the immediately preceding calendar quarter, in any calendar quarter, GECM will receive 20.0 % of the Company’s pre-incentive fee net investment income as if the 1.75 % hurdle rate did not apply. These calculations will be appropriately prorated for any period of less than three months and adjusted for any share issuances or repurchases during the then current quarter. Pre-Incentive Fee Net Investment Income includes any accretion of original issue discount, market discount, PIK interest, PIK dividends or other types of deferred or accrued income, including in connection with zero coupon securities, that the Company and its consolidated subsidiaries have recognized in accordance with GAAP, but have not yet received in cash (collectively, “Accrued Unpaid Income”). Pre-Incentive Fee Net Investment Income does not include any realized capital gains or losses or unrealized capital appreciation or depreciation. Any Income Incentive Fee otherwise payable with respect to Accrued Unpaid Income (collectively, the “Accrued Unpaid Income Incentive Fees”) is deferred, on a security by security basis, and becomes payable only if, as, when and to the extent cash is received by the Company or its consolidated subsidiaries in respect thereof. Any Accrued Unpaid Income that is subsequently reversed in connection with a write-down, write-off, impairment or similar treatment of the investment giving rise to such Accrued Unpaid Income will, in the applicable period of reversal, (1) reduce Pre-Incentive Fee Net Investment Income and (2) reduce the amount of Accrued Unpaid Income Incentive Fees previously deferred. The Company will defer cash payment of any Income Incentive Fee otherwise payable to the investment adviser in any quarter (excluding Accrued Unpaid Income Incentive Fees with respect to such quarter) that exceeds (1) 20 % of the Cumulative Pre‑Incentive Fee Net Return (as defined below) during the most recent twelve full calendar quarter period ending on or prior to the date such payment is to be made (the “Trailing Twelve Quarters”) less (2) the aggregate incentive fees that were previously paid to the investment adviser during such Trailing Twelve Quarters (excluding Accrued Unpaid Income Incentive Fees during such Trailing Twelve Quarters and not subsequently paid). “Cumulative Pre‑Incentive Fee Net Return” during the relevant Trailing Twelve Quarters means the sum of (a) pre‑incentive fee net investment income in respect of such Trailing Twelve Quarters less (b) net realized capital losses and net unrealized capital depreciation, if any, in each case calculated in accordance with GAAP, in respect of such Trailing Twelve Quarters. Under the Capital Gains Incentive Fee, the Company is obligated to pay GECM at the end of each calendar year 20 % of the aggregate cumulative realized capital gains from November 4, 2016 through the end of that year, computed net of aggregate cumulative realized capital losses and aggregate cumulative unrealized depreciation through the end of such year, less the aggregate amount of any previously paid capital gains incentive fees. In March 2022, GECM waived all accrued and unpaid incentive fees as of March 31, 2022. As of March 31, 2022, there were approximately $ 4.9 million of accrued fees. In connection with the waiver, the Company recognized the reversal of these accrued fees during the period ending March 31, 2022, resulting in a corresponding increase in net income in that period. The incentive fee waiver is not subject to recapture. For the nine months ended September 30, 2024 and 2023, the Company incurred Income Incentive Fees of $ 2,580 and $ 2,315 , respectively. As of September 30, 2024, cumulative accrued incentive fees payable were $ 2,594 , and after calculating the total return requirement, $ 882 was immediately payable. As of December 31, 2023, cumulative accrued incentive fees payable were $ 1,431 , and after calculating the total return requirement, $ 764 was immediately payable. These payable amounts included both Accrued Unpaid Income Incentive Fees and amounts deferred under the total return requirement and would have become due upon meeting the criteria described above. For the nine months ended September 30, 2024 and the year ended December 31, 2023 , the Company did no t have any Capital Gains Incentive Fees accrual. On August 1, 2022, the Company’s stockholders approved a proposal to amend the Capital Gains Incentive Fee and mandatory deferral provisions in sections 4.4 and 4.5, respectively, of the Investment Management Agreement. The amendment amended (i) section 4.4 of the Investment Management Agreement to provide that (x) the capital gains commencement date shall be April 1, 2022 and (y) for the year ending December 31, 2022, the Capital Gains Incentive Fee shall be calculated for the period beginning on the Capital Gains Commencement Date and ending on December 31, 2022 and (ii) section 4.5 of the Investment Management Agreement to provide that (x) the Trailing Twelve Quarters shall commence April 1, 2022 (the “Mandatory Deferral Commencement Date”) and (y) in the event the Trailing Twelve Quarters is less than twelve full calendar quarters, Trailing Twelve Quarters shall mean the period from the Mandatory Deferral Commencement Date through the quarter ending on or prior to the date such Income Incentive Fee payment is to be made. The Investment Management Agreement provides that, absent willful misfeasance, bad faith or gross negligence in the performance of its duties or by reason of the reckless disregard of its duties and obligations, GECM and its officers, managers, agents, employees, controlling persons, members and any other person or entity affiliated with it are entitled to indemnification from the Company for any damages, liabilities, costs and expenses (including reasonable attorneys’ fees and amounts reasonably paid in settlement) arising from the rendering of GECM’s services under the Investment Management Agreement or otherwise as an investment adviser of the Company. Administration Fees . The Company has an administration agreement (the “Administration Agreement”) with GECM to provide administrative services, including, among other things, furnishing the Company with office facilities, equipment, clerical, bookkeeping and record keeping services. The Company will reimburse GECM for its allocable portion of overhead and other expenses of GECM in performing its obligations under the Administration Agreement. Compensation of administrator personnel is allocated based on time allocation for the period. Other overhead expenses are based on a combination of time allocation and total headcount. The Administration Agreement provides that, absent willful misfeasance, bad faith or negligence in the performance of its duties or by reason of the reckless disregard of its duties and obligations, GECM and its officers, managers, partners, agents, employees, controlling persons, members and any other person or entity affiliated with it are entitled to indemnification from the Company for any damages, liabilities, costs and expenses (including reasonable attorneys’ fees and amounts reasonably paid in settlement) arising from the rendering of GECM’s services under the Administration Agreement or otherwise as administrator for the Company. For the three and nine months ended September 30, 2024, the Company incurred expenses under the Administration Agreement of $ 375 and $ 1,156 , respectively. For the three and nine months ended September 30, 2023, the Company incurred expenses under the Administration Agreement of $ 420 and $ 1,056 , respectively. As of September 30, 2024 and December 31, 2023, $ 245 and $ 308 remained payable, respectively.

Fair Value Measurement

Fair Value Measurement	9 Months Ended
	Sep. 30, 2024
Fair Value Disclosures [Abstract]
Fair Value Measurement	4. FAIR VALUE MEASUREMENT The fair value of a financial instrument is the amount that would be received to sell an asset or would be paid to transfer a liability in an orderly transaction between market participants at the measurement date (i.e., the exit price). The fair value hierarchy under ASC 820 prioritizes the inputs to valuation techniques used to measure fair value. The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1 measurements) and the lowest priority to unobservable inputs (Level 3 measurements). The levels used for classifying investments are not necessarily an indication of the risk associated with investing in these securities. The three levels of the fair value hierarchy are as follows: Basis of Fair Value Measurement Level 1 Investments valued using unadjusted quoted prices in active markets for identical assets. Level 2 Investments valued using other unadjusted observable market inputs, e.g. quoted prices in markets that are not active or quotes for comparable instruments. Level 3 Investments that are valued using quotes and other observable market data to the extent available, but which also take into consideration one or more unobservable inputs that are significant to the valuation taken as a whole. A financial instrument’s level within the fair value hierarchy is based on the lowest level of any input that is significant to the fair value measurement. Note 2 should be read in conjunction with the information outlined below. The table below presents the valuation techniques and the nature of significant inputs generally used in determining the fair value of Level 2 and Level 3 Instruments. Level 2 Instruments Valuation Techniques and Significant Inputs Equity, Bank Loans, Corporate Debt, and Other Debt Obligations The types of instruments that trade in markets that are not considered to be active but are valued based on quoted market prices, broker or dealer quotations or alternative pricing sources with reasonable levels of price transparency may include commercial paper, most government agency obligations, certain corporate debt securities, certain mortgage-backed securities, certain bank loans, less liquid publicly-listed equities, certain state and municipal obligations, certain money market instruments and certain loan commitments. Valuations of Level 2 debt and equity instruments can be verified to quoted prices, broker or dealer quotations or alternative pricing sources with reasonable levels of price transparency. Consideration is given to the nature of the quotations (e.g. indicative or firm) and the relationship of recent market activity to the prices provided from alternative pricing sources. Level 3 Instruments Valuation Techniques and Significant Inputs Bank Loans, Corporate Debt, and Other Debt Obligations Valuations are generally based on discounted cash flow techniques, for which the significant inputs are the amount and timing of expected future cash flows, market yields and recovery assumptions. The significant inputs are generally determined based on an analysis of market comparables, transactions in similar instruments and/or recovery and liquidation analyses. Equity Recent third-party investments or pending transactions are considered to be the best evidence for any change in fair value. When these are not available, the following valuation methodologies are used, as appropriate and available: ▪ Transactions in similar instruments; ▪ Discounted cash flow techniques; ▪ Third party appraisals; and ▪ Industry multiples and public comparables. Evidence includes recent or pending reorganizations (for example, merger proposals, tender offers and debt restructurings) and significant changes in financial metrics, including: ▪ Current financial performance as compared to projected performance; ▪ Capitalization rates and multiples; and ▪ Market yields implied by transactions of similar or related assets. As noted above, the income and market approaches were used in the determination of fair value of certain Level 3 assets as of September 30, 2024 and December 31, 2023. The significant unobservable inputs used in the income approach are the discount rate or market yield used to discount the estimated future cash flows expected to be received from the underlying investment, which include both future principal and interest payments. An increase in the discount rate or market yield would result in a decrease in the fair value. Included in the consideration and selection of discount rates is risk of default, rating of the investment (if any), call provisions and comparable company valuations. The significant unobservable inputs used in the market approach are based on market comparable transactions and market multiples of publicly traded comparable companies. Increases or decreases in market multiples would result in an increase or decrease, respectively, in the fair value. The following summarizes the Company’s investment assets categorized within the fair value hierarchy as of September 30, 2024: Type of Investment Level 1 Level 2 Level 3 Total Asset Debt $ - $ 88,786 $ 145,710 $ 234,496 Equity/Other 29,202 - 20,761 49,963 Short Term Investments 85,474 - - 85,474 Total $ 114,676 $ 88,786 $ 166,471 $ 369,933 Investment measured at net asset value (1) 48,824 Total Investments, at fair value $ 418,757 (1) Certain investments that are measured at fair value using net asset value (“NAV”) have not been categorized in the fair value hierarchy. The fair value amounts presented in the table are intended to permit reconciliation of the fair value hierarchy to the amount presented in the Consolidated Statements of Assets and Liabilities. The following summarizes the Company’s investment assets categorized within the fair value hierarchy as of December 31, 2023: Assets Level 1 Level 2 Level 3 Total Debt $ - $ 78,054 $ 122,693 $ 200,747 Equity/Other 6,770 - 20,044 26,814 Short Term Investments 10,807 - - 10,807 Total $ 17,577 $ 78,054 $ 142,737 $ 238,368 Investment measured at net asset value (1) 3,051 Total Investments, at fair value $ 241,419 The following is a reconciliation of Level 3 assets for the nine months ended September 30, 2024: Level 3 Beginning Balance as of January 1, 2024 Net Transfers In/Out Purchases (1) Net Realized Gain (Loss) Net Change in Unrealized (2) Sales and Settlements (1) Net Amortization of Premium/ Discount Ending Balance as of September 30, 2024 Debt $ 122,693 $ 15,172 $ 52,648 $ ( 59 ) $ 2,213 $ ( 47,192 ) $ 235 $ 145,710 Equity/Other 20,044 1,449 11,526 - ( 12,258 ) - - 20,761 Total investment assets $ 142,737 $ 16,621 $ 64,174 $ ( 59 ) $ ( 10,045 ) $ ( 47,192 ) $ 235 $ 166,471 The following is a reconciliation of Level 3 assets for the year ended December 31, 2023: Level 3 Beginning Balance as of January 1, 2023 Net Transfers In/Out Purchases (1) Net Realized Gain (Loss) Net Change in Unrealized (2) Sales and Settlements (1) Net Amortization of Premium/ Discount Ending Balance as of December 31, 2023 Debt $ 104,333 $ ( 8,858 ) $ 127,395 $ ( 5,910 ) $ 6,253 $ ( 100,885 ) $ 365 $ 122,693 Equity/Other 32,044 - 19,191 ( 3,273 ) 2,962 ( 30,880 ) - 20,044 Total investment assets $ 136,377 $ ( 8,858 ) $ 146,586 $ ( 9,183 ) $ 9,215 $ ( 131,765 ) $ 365 $ 142,737 (1) Purchases may include new deals, additional fundings (inclusive of those on revolving credit facilities), refinancings, capitalized PIK income, and securities received in corporate actions and restructurings. Sales and Settlements may include scheduled principal payments, prepayments, sales and repayments (inclusive of those on revolving credit facilities), and securities delivered in corporate actions and restructuring of investments. (2) The net change in unrealized depreciation relating to Level 3 assets still held at September 30, 2024 totaled $( 15,408 ) consisting of the following: $( 3,238 ) related to debt investments and $( 12,170 ) related to equity investments. The net change in unrealized depreciation relating to Level 3 assets still held at December 31, 2023 totaled $( 2,538 ) consisting of the following: $( 2,178 ) related to debt investments and $( 360 ) relating to equity/other. One investments with a fair value of $ 3,970 was transferred from Level 3 to Level 2 as a result of increased pricing transparency during the nine months ended September 30, 2024. Three investments with a fair value of $ 20,591 were transferred from Level 2 to Level 3 as a result of reduced pricing transparency during the nine months ended September 30, 2024. Two investments with an aggregate fair value of $ 8,858 were transferred from Level 3 to Level 2 as a result of increased pricing transparency during the year ended December 31, 2023. The following tables below present the ranges of significant unobservable inputs used to value the Company’s Level 3 assets as of September 30, 2024 and December 31, 2023, respectively. These ranges represent the significant unobservable inputs that were used in the valuation of each type of instrument, but they do not represent a range of values for any one instrument. For example, the lowest yield in 1 st Lien Debt is appropriate for valuing that specific debt investment, but may not be appropriate for valuing any other debt investments in this asset class. Accordingly, the ranges of inputs presented below do not represent uncertainty in, or possible ranges of, fair value measurements of the Company’s Level 3 assets. As of September 30, 2024 Investment Type Fair value Valuation Technique (1) Unobservable Input (1) Range (Weighted Average) (2) Debt $ 95,915 Income Approach Discount Rate 5.26 % - 21.13 % ( 13.12 %) 42,310 Recent Transaction 7,485 Market Approach Earnings Multiple 0.30 - 6.50 ( 4.04 ) Total Debt $ 145,710 Equity/Other $ 13,919 Recent Transaction 6,788 Market Approach Earnings Multiple 0.10 - 8.25 ( 6.77 ) 54 Asset Recovery / Liquidation (3) Total Equity/Other $ 20,761 As of December 31, 2023 Investment Type Fair value Valuation Technique (1) Unobservable Input (1) Range (Weighted Average) (2) Debt $ 69,579 Income Approach Discount Rate 8.77 % - 56.16 % ( 18.31 %) 28,733 Recent Transaction 9,268 Market Approach Earnings Multiple 0.50 - 8.75 ( 1.95 ) 9,001 Income Approach Implied Yield 3.24 % - 18.59 % ( 10.92 %) 6,112 Asset Recovery / Liquidation (3) Total Debt $ 122,693 Equity/Other $ 17,477 Recent Transaction 2,513 Market Approach Earnings Multiple 0.10 - 8.75 ( 4.92 ) 54 Asset Recovery / Liquidation (3) Total Equity/Other $ 20,044 (1) The fair value of any one instrument may be determined using multiple valuation techniques or unobservable inputs. (2) Weighted average for an asset category consisting of multiple investments is calculated by weighting the significant unobservable input by the relative fair value of the investment. The range and weighted average for an asset category consisting of a single investment represents the significant unobservable input used in the fair value of the investment. (3) Investments valued using the asset recovery or liquidation technique include investments for which valuation is based on current financial data without a discount rate applied. In accordance with ASC 820, certain investments that do not have a readily determinable fair value and which are within the scope of Topic 946, Financial Services - Investment Companies, may be measured using NAV as a practical expedient. As of September 30, 2024 the Company held four investments valued using NAV as a practical expedient. The Company has an unfunded commitment of $2.8 million with respect to these investments. These investments are generally restricted from withdrawal subject to the terms of each investment vehicle with withdrawals allowed no more than annually. There is no set duration for these entities.

Debt

Debt	9 Months Ended
	Sep. 30, 2024
Debt Disclosure [Abstract]
Debt	5. DEBT Revolver On May 5, 2021, the Company entered into a Loan, Guarantee and Security Agreement (the “Loan Agreement”) with City National Bank (“CNB”). The Loan Agreement provides for a senior secured revolving line of credit of up to $ 25 million (subject to a borrowing base as defined in the Loan Agreement). The Company may request to increase the revolving line in an aggregate amount not to exceed $ 25 million, which increase is subject to the sole discretion of CNB. On November 22, 2023, the Company amended the Loan Agreement to extend the maturity date of the revolving line from May 5, 2024 to May 5, 2027 . Borrowings under the revolving line bear interest at a rate equal to (i) the secured overnight financing rate (“SOFR”) plus 3.00 % (reduced from SOFR plus 3.50 % prior to the November 2023 amendment), (ii) a base rate plus 2.00 % or (iii) a combination thereof, as determined by the Company. Additionally, we are required to pay a commitment fee of 0.50 % per annum on any unused portion of the revolving line of credit. As of September 30, 2024 , there were no borrowings outstanding under the revolving line of credit. Borrowings under the revolving line are secured by a first priority security interest in substantially all of the Company’s assets, subject to certain specified exceptions. The Company has made customary representations and warranties and is required to comply with various affirmative and negative covenants, reporting requirements and other customary requirements for similar loan agreements. In addition, the Loan Agreement contains financial covenants requiring (i) net assets of not less than $ 65 million, (ii) asset coverage equal to or greater than 150 % and (iii) bank asset coverage equal to or greater than 300 %, in each case tested as of the last day of each fiscal quarter of the Company. Borrowings are also subject to the leverage restrictions contained in the Investment Company Act of 1940, as amended. Unsecured Notes On January 11, 2018, the Company issued $ 43.0 million in aggregate principal amount of 6.75 % notes due 2025 (the “GECCM Notes”). On January 19, 2018 and February 9, 2018, the Company issued an additional $ 1.9 million and $ 1.5 million of the GECCM Notes upon partial exercise of the underwriters’ over-allotment option. On September 12, 2024, we caused redemption notices to be issued to the holders of the GECCM Notes regarding the Company's exercise of its option to redeem, in whole, the issued and outstanding GECCM Notes. We redeemed all of the issued and outstanding GECCM Notes on October 12, 2024 at 100 % of the principal amount plus accrued and unpaid interest thereon from September 30, 2024 through, but excluding, the redemption date, October 12, 2024. On June 23, 2021, the Company issued $ 50.0 million in aggregate principal amount of 5.875 % notes due 2026 (the “GECCO Notes”). On July 9, 2021, the Company issued an additional $ 7.5 million of the GECCO Notes upon full exercise of the underwriters’ over-allotment option. On August 16, 2023, the Company issued $ 40.0 million in aggregate principal amount of 8.75 % notes due 2028 (the “GECCZ Notes”). On April 17, 2024, the Company issued $ 30.0 million in aggregate principal amount of 8.50 % notes due 2029 (the “GECCI Notes”). On April 25, 2024, the Company issued an additional $ 4.5 million of the GECCI Notes upon full exercise of the underwriters’ over-allotment option. On July 9, 2024, we issued an additional $ 22.0 million in aggregate principal amount of the GECCI Notes in a direct placement. On September 19, 2024, the Company issued $ 36.0 million in aggregate principal amount of 8.125 % notes due 2029 (the "GECCH Notes"). The Notes are our unsecured obligations and rank equal with all of our outstanding and future unsecured unsubordinated indebtedness. The unsecured notes are effectively subordinated, or junior in right of payment, to indebtedness under our Loan Agreement and any other future secured indebtedness that the Company may incur to the extent of the value of the assets securing such indebtedness and structurally subordinated to all future indebtedness and other obligations of our subsidiaries. The Company pays interest on the unsecured notes on March 31, June 30, September 30 and December 31 of each year. The GECCO Notes, GECCZ Notes, GECCI Notes and GECCH Notes will mature on June 30, 2026 , September 30, 2028 , April 30, 2029 and December 31, 2029 , respectively. The GECCO Notes are currently callable at the Company’s option and the GECCZ Notes, GECCI Notes and GECCH Notes can be called on or after September 30, 2025, April 30, 2026 and December 31, 2026, respectively. Holders of the unsecured notes do not have the option to have the unsecured notes repaid prior to the stated maturity date. The unsecured notes were issued in minimum denominations of $ 25 and integral multiples of $ 25 in excess thereof. As part of the offerings, the Company incurred fees and costs, which are treated as a reduction of the carrying amount of the debt on the Company’s consolidated statements of assets and liabilities. These deferred financing costs presented as a reduction to the Notes payable balance are being amortized into interest expense over the term of the Notes. The Company may repurchase the Notes in accordance with the Investment Company Act and the rules promulgated thereunder. During the nine months ended September 30, 2024, the Company repurchased $ 0.3 million in principal amount of the GECCM Notes prior to redeeming them in full on October 12, 2024. Information about the Company’s senior securities (including debt securities and other indebtedness) is shown in the following table: As of Total Amount (1) Asset Coverage (2) Involuntary Liquidation (3) Average Market (4) December 31, 2016 8.25 % Notes due 2020 $ 33,646 $ 6,168 N/A $ 1.02 December 31, 2017 6.50 % Notes due 2022 (“GECCL Notes”) $ 32,631 $ 5,010 N/A $ 1.02 December 31, 2018 GECCL Notes $ 32,631 $ 2,393 N/A $ 1.01 GECCM Notes 46,398 2,393 N/A 0.98 December 31, 2019 GECCL Notes $ 32,631 $ 1,701 N/A $ 1.01 GECCM Notes 46,398 1,701 N/A 1.01 GECCN Notes 45,000 1,701 N/A 1.00 December 31, 2020 GECCL Notes $ 30,293 $ 1,671 N/A $ 0.89 GECCM Notes 45,610 1,671 N/A 0.84 GECCN Notes 42,823 1,671 N/A 0.84 December 31, 2021 GECCM Notes $ 45,610 $ 1,511 N/A $ 1.00 GECCN Notes 42,823 1,511 N/A 1.00 GECCO Notes 57,500 1,511 N/A 1.02 December 31, 2022 GECCM Notes $ 45,610 $ 1,544 N/A $ 0.99 GECCN Notes 42,823 1,544 N/A 1.00 GECCO Notes 57,500 1,544 N/A 1.00 Revolving Credit Facility 10,000 1,544 N/A - December 31, 2023 GECCM Notes $ 45,610 $ 1,690 N/A $ 0.99 GECCO Notes 57,500 1,690 N/A 0.96 GECCZ Notes 40,000 1,690 N/A 0.99 Revolving Credit Facility - 1,690 N/A - September 30, 2024 GECCM Notes $ 45,284 $ 1,662 N/A $ 1.00 GECCO Notes 57,500 1,662 N/A 0.98 GECCZ Notes 40,000 1,662 N/A 1.02 GECCI Notes 56,500 1,662 N/A 1.02 GECCH Notes 36,000 1,662 N/A 1.00 Revolving Credit Facility - 1,662 N/A - (1) Total amount of each class of senior securities outstanding at the end of the period presented. (2) Asset coverage per unit is the ratio of the carrying value of the Company’s total consolidated 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. (3) The amount to which such class of senior security would be entitled upon the voluntary liquidation of the issuer in preference to any security junior to it. (4) The average market value per unit for the Notes, as applicable, is based on the average daily prices of such Notes and is expressed per $ 1 of indebtedness. The terms of the unsecured notes are governed by a base indenture, dated as of September 18, 2017, by and between the Company and Equiniti Trust Company, LLC (formerly known as American Stock Transfer & Trust Company, LLC), as trustee (as supplemented with respect to each series of notes, the “Indenture”). The Indenture’s covenants, include restrictions on certain activities in the event the Company falls below the minimum asset coverage requirements set forth in Section 18(a)(1)(A) as modified by Section 61(a)(1) of the Investment Company Act, as well as covenants requiring the Company to provide financial information to the holders of the Notes and the trustee if the Company ceases to be subject to the reporting requirements of the Securities Exchange Act of 1934. These covenants are subject to limitations and exceptions that are described in the Indenture. The Investment Company Act limits, with certain exceptions, the Company’s borrowing such that its asset coverage ratio, as defined in the Investment Company Act, is at least 1.5 to 1 after such borrowing. As of September 30, 2024, the Company’s asset coverage ratio was approximately 166.2 % . As of September 30, 2024 and December 31, 2023, the Company was in compliance with all covenants under the indenture. For the three and nine months ended September 30, 2024 and 2023, the components of interest expense were as follows: For the Three Months Ended September 30, For the Nine Months Ended September 30, 2024 2023 2024 2023 Borrowing interest expense $ 3,819 $ 2,653 $ 9,485 $ 7,594 Amortization of acquisition premium 391 691 1,005 1,340 Total $ 4,210 $ 3,344 $ 10,490 $ 8,934 Weighted average interest rate (1) 8.28 % 8.42 % 8.12 % 7.74 % Average outstanding balance $ 202,348 $ 157,619 $ 172,660 $ 154,289 (1) Annualized. The fair value of the Company’s Notes are determined in accordance with ASC 820, which defines fair value in terms of the price that would be paid to transfer a liability in an orderly transaction between market participants at the measurement date under current market conditions. The fair value of the Company’s Notes is determined by utilizing market quotations at the measurement date as they are Level 1 securities. September 30, 2024 Facility Commitments Borrowings Fair Unsecured Debt - GECCM Notes $ 45,284 $ 45,284 $ 45,393 Unsecured Debt - GECCO Notes 57,500 57,500 56,465 Unsecured Debt - GECCZ Notes 40,000 40,000 40,720 Unsecured Debt - GECCI Notes 56,500 56,500 57,404 Unsecured Debt - GECCH Notes 36,000 36,000 35,914 Total $ 235,284 $ 235,284 $ 235,896 December 31, 2023 Facility Commitments Borrowings Fair Unsecured Debt - GECCM Notes $ 45,610 $ 45,610 $ 45,793 Unsecured Debt - GECCO Notes 57,500 57,500 56,792 Unsecured Debt - GECCZ Notes 40,000 40,000 40,224 Total $ 143,110 $ 143,110 $ 142,809

Capital Activity

Capital Activity	9 Months Ended
	Sep. 30, 2024
Equity [Abstract]
Capital Activity	6. CAPITAL ACTIVITY On June 21, 2024, we entered into a Share Purchase Agreement with Prosper Peak Holdings, LLC (“PPH”), pursuant to which PPH purchased, and we issued 997,506 shares of our common stock, par value $ 0.01 , at a price of $ 12.03 per share, which represented our net asset value per share as of June 20, 2024, for an aggregate purchase price of $ 12 million. PHH is a special purpose vehicle which is owned 25 % by GEG. GECM, the investment manager of GECC, is a wholly-owned subsidiary of GEG. The common stock was issued in a private placement exempt from registration under Section 4(a)(2) of the Securities Act. On February 8, 2024, we entered into a Share Purchase Agreement with Great Elm Strategic Partnership I, LLC (“GESP”), pursuant to which GESP purchased, and we issued, 1,850,424 shares of our common stock, par value $ 0.01 , at a price of $ 12.97 per share, which represented our net asset value per share as of February 7, 2024, for an aggregate purchase price of $ 24 million. GESP is a special purpose vehicle which is owned 25 % by GEG. GECM, the investment manager of GECC, is a wholly-owned subsidiary of GEG. The common stock was issued in a private placement exempt from registration under Section 4(a)(2) of the Securities Act. On June 13, 2022, the Company completed a non-transferable rights offering, which entitled holders of rights to purchase one new share of common stock for each right held at a subscription price of $ 12.50 per share. In total, the Company sold 3,000,567 shares of the Company’s common stock for aggregate gross proceeds of approximately $ 37,507 . On February 28, 2022, the Company effected a 6-for-1 reverse stock split of the Company’s outstanding common stock. As a result of the reverse stock split, every six shares of the Company’s issued and outstanding common stock were converted into one share of issued and outstanding common stock. Any fractional shares as a result of the reverse stock split were redeemed for cash at the closing market price on the business day immediately prior to the effective date of the reverse stock split. Such fractional shares aggregated to the equivalent of four shares and were redeemed for $ 0.1 in aggregate. On February 3, 2022, the Company issued 117,117 shares of common stock (as adjusted for the reverse stock split described above) for $ 2,600 based on the most recently published net asset value. This common stock was issued in a private placement exempt from registration under Section 4(a)(2) of the Securities Act.

Commitment and Contingencies

Commitment and Contingencies	9 Months Ended
	Sep. 30, 2024
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	7. COMMITMENTS AND CONTINGENCIES In the normal course of business, the Company may enter into investment agreements under which it commits to make an investment in a portfolio company at some future date or over a specified period of time. As of September 30, 2024, the Company had one unfunded loan commitment totaling $ 8.3 million and a $ 2.8 million commitment to the CLO Formation JV, LLC, subject to the Company’s approval in certain instances. To the degree applicable, unrealized gains or losses on these commitments as of September 30, 2024 are included in the Company’s Statements of Assets and Liabilities and the corresponding Schedule of Investments. The Company believes that it had sufficient cash and other liquid assets on its balance sheet to satisfy the unfunded commitments. In addition, the Company has the ability to draw on its revolving line of credit to manage cash flows. The Company has considered the net increases in net assets and positive cash flows from operations and has concluded that it has the ability to meet its obligations in the ordinary course of business based upon an evaluation of its cash position and sources of liquidity. From time to time, the Company may be a party to certain legal proceedings in the ordinary course of business, including proceedings relating to the enforcement of the Company rights under contracts with the Company portfolio companies. The Company is named as a defendant in a lawsuit filed on March 5, 2016, and captioned Intrepid Investments, LLC v. London Bay Capital, which is pending in the Delaware Court of Chancery. The plaintiff immediately agreed to stay the action in light of an ongoing mediation among parties other than the Company. This lawsuit was brought by a member of Speedwell Holdings (formerly known as The Selling Source, LLC), one of the Company’s portfolio investments, against various members of and lenders to Speedwell Holdings. The plaintiff asserts claims of aiding and abetting, breaches of fiduciary duty, and tortious interference against the Company. In June 2018, Intrepid Investments, LLC (“Intrepid”) sent notice to the court and defendants effectively lifting the stay and triggering defendants’ obligation to respond to the Intrepid complaint. In September 2018, the Company joined the other defendants in a motion to dismiss on various grounds. In February 2019, Intrepid filed a second amended complaint to which defendants filed a renewed motion to dismiss in March 2019. In June 2023, the Court granted in part and denied in part defendants’ motion to dismiss. The parties are currently involved in pre-trial discovery on the surviving claims.

Indemnification

Indemnification	9 Months Ended
	Sep. 30, 2024
Indemnification [Abstract]
Indemnification	8. INDEMNIFICATION Under the Company’s organizational documents, its officers and directors are indemnified against certain liabilities arising out of the performance of their duties to the Company. In addition, in the normal course of business the Company expects to enter into contracts that contain a variety of representations which provide general indemnifications. The Company’s maximum exposure under these agreements cannot be known; however, the Company expects any risk of loss to be remote.

Financial Highlights

Financial Highlights	9 Months Ended
	Sep. 30, 2024
Investment Company, Financial Highlights [Abstract]
Financial Highlights	9. FINANCIAL HIGHLIGHTS Below is the schedule of financial highlights of the Company: For the Nine Months Ended September 30, 2024 2023 Per Share Data: (1) Net asset value, beginning of period $ 12.99 $ 11.16 Net investment income 1.08 1.22 Net realized gains (loss) 0.22 0.07 Net change in unrealized appreciation (depreciation) ( 1.12 ) 1.48 Net increase (decrease) in net assets resulting from operations 0.18 2.77 Issuance of common stock ( 0.08 ) - Distributions declared from net investment income (2) ( 1.05 ) ( 1.05 ) Net decrease resulting from distributions to common stockholders ( 1.13 ) ( 1.05 ) Net asset value, end of period $ 12.04 $ 12.88 Per share market value, end of period $ 10.17 $ 9.87 Shares outstanding, end of period 10,449,888 7,601,958 Total return based on net asset value (3) 0.88 % 25.59 % Total return based on market value (3) 5.24 % 33.85 % Ratio/Supplemental Data: Net assets, end of period 125,826 97,949 Ratio of total expenses to average net assets before waiver (4),(5) 21.57 % 24.28 % Ratio of total expenses to average net assets after waiver (4),(5) 21.57 % 24.28 % Ratio of incentive fees to average net assets (4) 2.17 % 2.50 % Ratio of net investment income to average net assets (4),(5) 12.32 % 14.21 % Portfolio turnover 63 % 68 % (1) The per share data was derived by using the weighted average shares outstanding during the period, except where such calculations deviate from those specified under the instructions to Form N-2. (2) The per share data for distributions declared reflects the actual amount of distributions of record per share for the period. (3) Total return based on net asset value is calculated as the change in net asset value per share, assuming the Company’s distributions were reinvested through its dividend reinvestment plan. Total return based on market value is calculated as the change in market value per share, assuming the Company’s distributions were reinvested through its dividend reinvestment plan. Total return does not include any estimate of a sales load or commission paid to acquire shares. (4) Average net assets used in ratio calculations is calculated using monthly ending net assets for the period presented. For the nine months ended September 30, 2024 and 2023 average net assets were $ 118,981 and $ 92,617 , respectively. (5) Annualized for periods less than one year.

Affiliates and Controlled Inves

Affiliates and Controlled Investments	9 Months Ended
	Sep. 30, 2024
Investments in and Advances to Affiliates [Abstract]
Affiliated and Controlled Investments	10. AFFILIATED AND CONTROLLED INVESTMENTS Affiliated investments are defined by the Investment Company Act, whereby the Company owns between 5% and 25% of the portfolio company’s outstanding voting securities and the investments are not classified as controlled investments. The aggregate fair value of non-controlled, affiliated investments at September 30, 2024 represented 0 % of the Company’s net assets. Controlled investments are defined by the Investment Company Act, whereby the Company owns more than 25% of the portfolio company’s outstanding voting securities or maintains the ability to nominate greater than 50 % of the board representation. The aggregate fair value of controlled investments at September 30, 2024 represented 61 % of the Company’s net assets. Fair value as of September 30, 2024 along with transactions during the nine months ended September 30, 2024 in these affiliated investments and controlled investments was as follows: For the Nine Months Ended September 30, 2024 Issue (1) Fair value at December 31, 2023 Gross Additions (2) Gross Reductions (3) Net Realized Change in Unrealized Fair value at September 30, 2024 Interest Fee Dividend Non-Controlled, Affiliated Investments PFS Holdings Corp. 1st Lien, Secured Loan 979 - 419 ( 626 ) 66 - 64 - - Common Equity ( 5 % of class) 88 - - - ( 88 ) - - - - 1,067 - 419 ( 626 ) ( 22 ) - 64 - - Totals $ 1,067 $ - $ 419 $ ( 626 ) $ ( 22 ) $ - $ 64 $ - $ - Controlled Investments Great Elm Specialty Finance, LLC Subordinated Note 28,733 1,000 - - - 29,733 2,858 - - Equity ( 87.5 % of class) 17,477 - - - ( 3,597 ) 13,880 - - 942 46,210 1,000 - - ( 3,597 ) 43,613 2,858 - 942 CLO Formation JV, LLC Equity ( 71.25 % of class) - 33,342 - - ( 449 ) 32,893 - - 2,970 - 33,342 - - ( 449 ) 32,893 - - 2,970 Totals $ 46,210 $ 34,342 $ - $ - $ ( 4,046 ) $ 76,506 $ 2,858 $ - $ 3,912 (1) Non-unitized equity investments are disclosed with percentage ownership in lieu of quantity. (2) Gross additions include increases resulting from new or additional portfolio investments, capitalized PIK income, accretion of discounts and the exchange of one or more existing securities for one or more new securities. (3) Gross reductions include decreases resulting from principal collections related to investment repayments or sales and the exchange of one or more existing securities for one or more new securities. In September 2024, the Company purchased $ 2.0 million par of the CoreWeave Compute Acquisition Co. II, LLC delayed draw term loan at its current fair value of $ 2.0 million from a wholly-owned subsidiary of Great Elm Specialty Finance, LLC. The CLO JV was formed as a joint venture between the Company and a strategic partner in April 2024 to make investments in collateralized loan obligation entities and related warehouse facilities. The Company and strategic partner committed to providing $ 32.0 million in capital with future contributions to be called from each member on a pro rata basis based on their respective commitments. The Company’s initial contribution was $ 17.4 million for a 75 % ownership interest and the strategic partner contributed $ 5.8 million for a 25 % ownership interest. On August 20, 2024, the LLC Agreement for CLO JV was amended to admit an additional strategic partner. Following this amendment, the Company has a 71.25 % ownership interest in CLO JV and the strategic partners have a 28.75 % ownership interest. As of September 30, 2024 the Company's total capital commitment is $ 36.0 million, $ 2.8 million remains unfunded. Selected unaudited financial information of CLO JV as of and for the three and nine months ended September 30, 2024 has been included below. Balance Sheet As of September 30, 2024 Total Assets 46,203 Total Liabilities 37 Net Equity 46,166 Statement of Operations For the Three Months Ended September 30, 2024 For the Nine Months Ended September 30, 2024 Total Revenues 2,811 3,293 Total Expenses 19 52 Net Income 2,792 3,241 Realized Gain (Loss) 34 34 Unrealized Gain (Loss) 2,375 2,382 Net Results 5,201 5,657 Schedule of Investments Portfolio Company Initial Acquisition Date Maturity Date Quantity/Par Cost Fair Value Structured Finance - CLO Equity (1) Apex Credit CLO 2024-I Ltd 04/24/24 04/20/26 14,957 10,344 12,360 Apex Credit CLO 2024-II Ltd 07/02/24 04/23/26 34,550 31,095 31,461 Short-Term Investments Blackrock Liquidity Funds FedFund Administration 07/25/24 n/a 1,246 1,246 1,246 Dreyfus Government Cash MGMT Admin SHS Fund 07/25/24 n/a 1,136 1,136 1,136 $ 43,821 $ 46,203 (1) The investment in Collateralized Loan Obligation (“CLO”) equity is entitled to recurring distributions which are generally equal to the remaining cash flow of payments made by underlying investments after payment of the contractual payments to debt holders and fund expenses. The effective yield is based on the current projection of the amount and timing of these recurring distributions in addition to the estimated amount of terminal principal payment. These assumptions are periodically reviewed and adjusted. The effective yield and investment cost may ultimately not be realized.

Subsequent Events

Subsequent Events	9 Months Ended
	Sep. 30, 2024
Subsequent Events [Abstract]
Subsequent Events	11. SUBSEQUENT EVENTS Distribution The Board set distributions for the quarter ending December 31, 2024 at a rate of $ 0.35 per share. The full amount of each distribution will be from distributable earnings. The schedule of distribution payments will be established by the Company pursuant to authority granted by the Board. The distribution will be paid in cash. Issuance of Additional GECCH Notes On October 3, 2024, the Company issued an additional $ 5.4 million of the GECCH Notes upon full exercise of the underwriters' over-allotment option. Redemption of GECCM Notes On October 12, 2024, we redeemed all of the issued and outstanding GECCM Notes at 100 % of the principal amount plus accrued and unpaid interest thereon from September 30, 2024 through, but excluding, the redemption date, October 12, 2024.

Significant Accounting Polici_2

Significant Accounting Policies (Policies)	9 Months Ended
	Sep. 30, 2024
Accounting Policies [Abstract]
Basis of Presentation	Basis of Presentation . The Company’s functional currency is U.S. dollars and these consolidated financial statements have been prepared in that currency. The accompanying consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (“GAAP”) and pursuant to Regulation S-X and Regulation S-K. These financial statements reflect all adjustments (consisting of normal recurring items or items discussed herein) that management believes are necessary to fairly state results for the interim periods presented. Results of operations for interim periods are not necessarily indicative of annual results of operations. The Company is an investment company following accounting and reporting guidance in Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) Topic 946, Financial Services – Investment Companies . Certain prior period amounts have been reclassified to conform to current period presentation.
Basis of Consolidation	Basis of Consolidation . Under the Investment Company Act, Article 6 of Regulation S-X and GAAP, the Company is generally precluded from consolidating any entity other than another investment company or an operating company which provides substantially all of its services and benefits to the Company.
Use of Estimates	Use of Estimates . The preparation of the consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amount of assets and liabilities and disclosure of contingent assets and liabilities at the date of the consolidated financial statements. Changes in the economic environment, financial markets and any other parameters used in determining these estimates could cause actual results to differ materially.
Revenue Recognition	Revenue Recognition . Interest and dividend income, including income paid in kind, is recorded on an accrual basis. Origination, structuring, closing, commitment and other upfront fees, including original issue discounts, earned with respect to capital commitments, are generally amortized or accreted into interest income over the life of the respective debt investment, as are end-of-term or exit fees receivable upon repayment of a debt investment if such fees are fixed in nature. Other fees, including certain amendment fees, prepayment fees and commitment fees on broken deals, and end-of-term or exit fees that have a contingency feature or are variable in nature are recognized as earned. Prepayment fees and similar income due upon the early repayment of a loan or debt security are generally included in interest income. Interest income received as paid-in-kind (“PIK”) is reported separately in the Statements of Operations. Income is included as PIK if the instrument solely provides for settlement in kind. In the event that the borrower can settle in kind or via cash payment, the income is not included as PIK until the borrower elects to pay in kind and the payment is received by the Company. In the event there is a lesser cash rate in a PIK toggle instrument, income is accrued at the lesser cash rate until the coupon is paid in kind and such larger payment is received by the Company. Certain of the Company’s debt investments were purchased at a discount to par as a result of the underlying credit risks and financial results of the issuer, as well as general market factors that influence the financial markets as a whole. Discounts on the acquisition of corporate debt instruments are generally amortized using the effective-interest or constant-yield method assuming there are no material questions as to collectability. Interest income in CLO subordinated note investments are recorded on an accrual basis utilizing an effective interest methodology based upon an effective yield to maturity of projected cash flows. ASC Topic 325-40, Beneficial Interests in Securitized Financial Assets (“ASC 325”) requires investment income from such investments be recognized under the effective interest method, with any difference between cash distributed and the amount calculated pursuant to the effective interest method be recorded as an adjustment to the cost basis of the investment. It is the Company’s policy to monitor and update the effective yield for each CLO subordinated note position held at each measurement date and updated periodically, as needed.
Net Realized Gains (Losses) and Net Change in Unrealized Appreciation (Depreciation)	Net Realized Gains (Losses) and Net Change in Unrealized Appreciation (Depreciation) . The Company measures realized gains or losses by the difference between the net proceeds from the repayment or sale of an investment and the amortized cost basis of the investment, without regard to unrealized appreciation or depreciation previously recognized. Realized gains and losses are computed using the specific identification method. Net change in unrealized appreciation or depreciation reflects the net change in portfolio investment values and portfolio investment cost bases during the reporting period, including the reversal of previously recorded unrealized appreciation or depreciation when gains or losses are realized.
Cash and Cash Equivalents	Cash and Cash Equivalents . Cash and cash equivalents typically consist of bank demand deposits. Restricted cash generally consists of collateral for unfunded positions held by counterparties.
Valuation of Portfolio Investments	Valuation of Portfolio Investments . The Company carries its investments in accordance with ASC Topic 820, Fair Value Measurements and Disclosures (“ASC 820”), which defines fair value, establishes a framework for measuring fair value and requires disclosures about fair value measurements. Fair value is generally based on quoted market prices provided by independent pricing services, broker or dealer quotations or alternative price sources. In the absence of quoted market prices, broker or dealer quotations or alternative price sources, investments are measured at fair value as determined by the Company’s board of directors (the “Board”). Due to the inherent uncertainties of valuation, certain estimated fair values may differ significantly from the values that would have been realized had a ready market for these investments existed, and these differences could be material. See Note 4. The Company values its portfolio investments at fair value based upon the principles and methods of valuation set forth in policies adopted by the Board. Fair value is defined as the price that would be received to sell an asset in an orderly transaction between market participants at the measurement date. Market participants are buyers and sellers in the principal (or most advantageous) market for the asset that (1) are independent of the Company, (2) are knowledgeable, having a reasonable understanding about the asset based on all available information (including information that might be obtained through due diligence efforts that are usual and customary), (3) are able to transact for the asset, and (4) are willing to transact for the asset (that is, they are motivated but not forced or otherwise compelled to do so). Investments for which market quotations are readily available are valued at such market quotations unless the quotations are deemed not to represent fair value. The Company generally obtains market quotations from recognized exchanges, market quotation systems, independent pricing services or one or more broker-dealers or market makers. Short term debt investments with remaining maturities within ninety days are generally valued at amortized cost, which approximates fair value. Debt and equity securities for which market quotations are not readily available, which is the case for many of the Company’s investments, or for which market quotations are deemed not to represent fair value, are valued at fair value using a consistently applied valuation process in accordance with the Company’s documented valuation policy that has been reviewed and approved by the Board, who also approve in good faith the valuation of such securities as of the end of each quarter. Due to the inherent uncertainty and subjectivity of determining the fair value of investments that do not have a readily available market value, the fair value of the Company’s investments may differ significantly from the values that would have been used had a readily available market value existed for such investments and may differ materially from the values that the Company may ultimately realize. In addition, changes in the market environment and other events may have differing impacts on the market quotations used to value some of the Company’s investments than on the fair values of the Company’s investments for which market quotations are not readily available. Market quotations may be deemed not to represent fair value in certain circumstances where the Company believes that facts and circumstances applicable to an issuer, a seller or purchaser, or the market for a particular security cause current market quotations to not reflect the fair value of the security. The valuation process approved by the Board with respect to investments for which market quotations are not readily available or for which market quotations are deemed not to represent fair value is as follows: ▪ The investment professionals of GECM provide recent portfolio company financial statements and other reporting materials to an independent valuation firm (or firms) approved by the Board; ▪ Such firms evaluate this information along with relevant observable market data to conduct independent appraisals each quarter, and their preliminary valuation conclusions are documented, discussed, and iterated with senior management of GECM; ▪ The fair value of investments comprising in the aggregate less than 5 % of the Company’s total capitalization and individually less than 1 % of the Company’s total capitalization may be determined by GECM in good faith in accordance with the Company’s valuation policy without the employment of an independent valuation firm; and ▪ The Company’s audit committee recommends, and the Board approves, the fair value of the investments in the Company’s portfolio in good faith based on the input of GECM, the independent valuation firms (to the extent applicable) and the business judgment of the audit committee and the Board, respectively. Those investments for which market quotations are not readily available or for which market quotations are deemed not to represent fair value are valued utilizing a market approach, an income approach, or both approaches, as appropriate. The market approach uses prices and other relevant information generated by market transactions involving identical or comparable assets or liabilities (including a business). The income approach uses valuation techniques to convert future amounts (for example, cash flows or earnings) to a single present amount (discounted). The measurement is based on the value indicated by current market expectations about those future amounts. In following these approaches, the types of factors that the Company may take into account in determining the fair value of its investments include, as relevant and among other factors: available current market data, including relevant and applicable market trading and transaction comparables, applicable market yields and multiples, security covenants, call protection provisions, information rights, the nature and realizable value of any collateral, the portfolio company’s ability to make payments, its earnings and discounted cash flows, the markets in which the portfolio company does business, comparisons of financial ratios of peer companies that are public, merger and acquisition comparables, and enterprise values. Investments in revolvers or delayed draw loans may include unfunded commitments for which the Company’s acquisition cost will be offset by compensation received on the portion of the commitment that is unfunded. As a result, the purchases of a commitment that is not fully funded may result in a negative cost basis for the funded commitment. The fair value of the unfunded commitment is adjusted for price appreciation or depreciation and may result in a negative fair value for the unfunded commitment.
Deferred Financing Costs and Deferred Offering Costs	Deferred Financing Costs and Deferred Offering Costs . Deferred financing costs and deferred offering costs consist of fees and expenses incurred in connection with financing or capital raising activities and include professional fees, printing fees, filing fees and other related expenses. Deferred financing costs incurred in connection with the revolving credit facility are amortized on a straight-line basis over the term of the revolving credit facility. Unamortized costs are included in deferred financing costs on the consolidated statements of assets and liabilities and amortization of those costs is included in interest expense on the consolidated statements of operations. Deferred offering costs incurred in connection with the unsecured notes are amortized over the term of the respective unsecured note using the effective interest method. Unamortized costs are treated as a reduction to the carrying amount of the debt on the consolidated statements of assets and liabilities and amortization of those costs is included in interest expense on the consolidated statements of operations. Deferred offering costs incurred in connection with the shelf registration on form N-2 are capitalized when incurred and recognized as a reduction to offering proceeds when the offering becomes effective or expensed upon expiration of the registration statement, if applicable. Deferred offering costs are included with prepaid expenses and other assets on the consolidated statements of assets and liabilities.
Prepaid Expenses and Other Assets	Prepaid Expenses and Other Assets. Prepaid expenses include expenses paid in advance such as annual insurance premiums and deferred offering costs, as described above. Other assets may include contributions to investments paid in advance of trade date.
Foreign Currency Transaction	Foreign Currency Translation . Amounts denominated in foreign currencies are translated into U.S. dollars on the following basis: (1) investments and other assets and liabilities denominated in foreign currencies are translated into U.S. dollars based upon currency exchange rates effective on the date of valuation; and (2) purchases and sales of investments and income and expense items denominated in foreign currencies are translated into U.S. dollars based upon currency exchange rates prevailing on the transaction dates. The portion of gains and losses on foreign investments resulting from fluctuations in foreign currencies is included in net realized and unrealized gain or loss from investments.
U.S. Federal Income Taxes	U.S. Federal Income Taxes . From inception to September 30, 2016, the Company was a taxable association under Internal Revenue Code of 1986, as amended (the “Code”). The Company has elected to be taxed as a regulated investment company (“RIC”) under subchapter M of the Code. The Company intends to operate in a manner so as to qualify for the tax treatment applicable to RICs in that taxable year and all future taxable years. In order to qualify as a RIC, among other things, the Company will be required to timely distribute to its stockholders at least 90 % of investment company taxable income (“ICTI”) including PIK interest, as defined by the Code, for each taxable year in order to be eligible for tax treatment under subchapter M of the Code. Depending on the level of ICTI earned in a tax year, the Company may choose to carry forward ICTI in excess of current year dividend distributions into the next tax year. Any such carryover ICTI must be distributed prior to the 15th day of the ninth month after the tax year-end. So long as the Company maintains its status as a RIC, it generally will not be subject to corporate-level U.S. federal income taxes on any ordinary income or capital gains that it distributes at least annually to its stockholders as distributions. Rather, any tax liability related to income earned by the Company represents obligations of the Company’s stockholders and will not be reflected in the consolidated financial statements of the Company. If the Company does not distribute (or is not deemed to have distributed) each calendar year the sum of (1) 98 % of its net ordinary income for each calendar year, (2) 98.2 % of its capital gain net income for the one-year period ending October 31 in that calendar year and (3) any income recognized, but not distributed, in preceding years (the “Minimum Distribution Amount”), the Company will generally be required to pay an excise tax equal to 4 % of the amount by the which Minimum Distribution Amount exceeds the distributions for the year. To the extent that the Company determines that its estimated current year annual taxable income will be in excess of estimated current year dividend distributions from such taxable income, the Company accrues excise taxes, if any, on estimated excess taxable income as taxable income is earned using an annual effective excise tax rate. The annual effective excise tax rate is determined by dividing the estimated annual excise tax by the estimated annual taxable income. The Company has accrued $ 80 of excise tax expense during the nine months ended September 30, 2024 . The Company accrued $ 287 of excise tax expense during the year ended December 31, 2023. At December 31, 2023, the Company, for federal income tax purposes, had capital loss carryforwards of $ 193,501 which will reduce its taxable income arising from future net realized gains on investment transactions, if any, to the extent permitted by the Internal Revenue Code, and thus will reduce the amount of distributions to stockholders, which would otherwise be necessary to relieve the Company of any liability for federal income tax. On December 22, 2010, the Regulated Investment Company Modernization Act of 2010 (the “Modernization Act”) was signed into law. The Modernization Act changed the capital loss carryforward rules as they relate to regulated investment companies. Capital losses generated in tax years beginning after the date of enactment may now be carried forward indefinitely, and retain the character of the original loss. Of the capital loss carryforwards at December 31, 2023, $ 40,819 are limited losses and available for use subject to annual limitation under Section 382. Of the capital losses at December 31, 2023, $ 16,815 are short-term and $ 176,686 are long term. ASC 740, Accounting for Uncertainty in Income Taxes (“ASC 740”) provides guidance on the accounting for and disclosure of uncertainty in tax position. ASC 740 requires the evaluation of tax positions taken or expected to be taken in the course of preparing the Company’s tax returns to determine whether the tax positions are “more-likely-than-not” of being sustained by the applicable tax authority. Tax positions deemed to meet the more-likely-than-not threshold are recorded as a tax benefit or expense in the current year. Based on its analysis of its tax position for all open tax years (the current and prior years, as applicable), the Company has concluded that it does not have any uncertain tax positions that met the recognition or measurement criteria of ASC 740. Such open tax years remain subject to examination and adjustment by tax authorities.

Fair Value Measurement (Tables)

Fair Value Measurement (Tables)	9 Months Ended
	Sep. 30, 2024
Fair Value Disclosures [Abstract]
Summary of Investment Assets Categorized within Fair Value Hierarchy	The following summarizes the Company’s investment assets categorized within the fair value hierarchy as of September 30, 2024: Type of Investment Level 1 Level 2 Level 3 Total Asset Debt $ - $ 88,786 $ 145,710 $ 234,496 Equity/Other 29,202 - 20,761 49,963 Short Term Investments 85,474 - - 85,474 Total $ 114,676 $ 88,786 $ 166,471 $ 369,933 Investment measured at net asset value (1) 48,824 Total Investments, at fair value $ 418,757 (1) Certain investments that are measured at fair value using net asset value (“NAV”) have not been categorized in the fair value hierarchy. The fair value amounts presented in the table are intended to permit reconciliation of the fair value hierarchy to the amount presented in the Consolidated Statements of Assets and Liabilities. The following summarizes the Company’s investment assets categorized within the fair value hierarchy as of December 31, 2023: Assets Level 1 Level 2 Level 3 Total Debt $ - $ 78,054 $ 122,693 $ 200,747 Equity/Other 6,770 - 20,044 26,814 Short Term Investments 10,807 - - 10,807 Total $ 17,577 $ 78,054 $ 142,737 $ 238,368 Investment measured at net asset value (1) 3,051 Total Investments, at fair value $ 241,419
Summary of Reconciliation of Level 3 Assets	The following is a reconciliation of Level 3 assets for the nine months ended September 30, 2024: Level 3 Beginning Balance as of January 1, 2024 Net Transfers In/Out Purchases (1) Net Realized Gain (Loss) Net Change in Unrealized (2) Sales and Settlements (1) Net Amortization of Premium/ Discount Ending Balance as of September 30, 2024 Debt $ 122,693 $ 15,172 $ 52,648 $ ( 59 ) $ 2,213 $ ( 47,192 ) $ 235 $ 145,710 Equity/Other 20,044 1,449 11,526 - ( 12,258 ) - - 20,761 Total investment assets $ 142,737 $ 16,621 $ 64,174 $ ( 59 ) $ ( 10,045 ) $ ( 47,192 ) $ 235 $ 166,471 The following is a reconciliation of Level 3 assets for the year ended December 31, 2023: Level 3 Beginning Balance as of January 1, 2023 Net Transfers In/Out Purchases (1) Net Realized Gain (Loss) Net Change in Unrealized (2) Sales and Settlements (1) Net Amortization of Premium/ Discount Ending Balance as of December 31, 2023 Debt $ 104,333 $ ( 8,858 ) $ 127,395 $ ( 5,910 ) $ 6,253 $ ( 100,885 ) $ 365 $ 122,693 Equity/Other 32,044 - 19,191 ( 3,273 ) 2,962 ( 30,880 ) - 20,044 Total investment assets $ 136,377 $ ( 8,858 ) $ 146,586 $ ( 9,183 ) $ 9,215 $ ( 131,765 ) $ 365 $ 142,737 (1) Purchases may include new deals, additional fundings (inclusive of those on revolving credit facilities), refinancings, capitalized PIK income, and securities received in corporate actions and restructurings. Sales and Settlements may include scheduled principal payments, prepayments, sales and repayments (inclusive of those on revolving credit facilities), and securities delivered in corporate actions and restructuring of investments. (2) The net change in unrealized depreciation relating to Level 3 assets still held at September 30, 2024 totaled $( 15,408 ) consisting of the following: $( 3,238 ) related to debt investments and $( 12,170 ) related to equity investments. The net change in unrealized depreciation relating to Level 3 assets still held at December 31, 2023 totaled $( 2,538 ) consisting of the following: $( 2,178 ) related to debt investments and $( 360 ) relating to equity/other.
Ranges of Significant Unobservable Inputs to Value Level 3 Assets	The following tables below present the ranges of significant unobservable inputs used to value the Company’s Level 3 assets as of September 30, 2024 and December 31, 2023, respectively. These ranges represent the significant unobservable inputs that were used in the valuation of each type of instrument, but they do not represent a range of values for any one instrument. For example, the lowest yield in 1 st Lien Debt is appropriate for valuing that specific debt investment, but may not be appropriate for valuing any other debt investments in this asset class. Accordingly, the ranges of inputs presented below do not represent uncertainty in, or possible ranges of, fair value measurements of the Company’s Level 3 assets. As of September 30, 2024 Investment Type Fair value Valuation Technique (1) Unobservable Input (1) Range (Weighted Average) (2) Debt $ 95,915 Income Approach Discount Rate 5.26 % - 21.13 % ( 13.12 %) 42,310 Recent Transaction 7,485 Market Approach Earnings Multiple 0.30 - 6.50 ( 4.04 ) Total Debt $ 145,710 Equity/Other $ 13,919 Recent Transaction 6,788 Market Approach Earnings Multiple 0.10 - 8.25 ( 6.77 ) 54 Asset Recovery / Liquidation (3) Total Equity/Other $ 20,761 As of December 31, 2023 Investment Type Fair value Valuation Technique (1) Unobservable Input (1) Range (Weighted Average) (2) Debt $ 69,579 Income Approach Discount Rate 8.77 % - 56.16 % ( 18.31 %) 28,733 Recent Transaction 9,268 Market Approach Earnings Multiple 0.50 - 8.75 ( 1.95 ) 9,001 Income Approach Implied Yield 3.24 % - 18.59 % ( 10.92 %) 6,112 Asset Recovery / Liquidation (3) Total Debt $ 122,693 Equity/Other $ 17,477 Recent Transaction 2,513 Market Approach Earnings Multiple 0.10 - 8.75 ( 4.92 ) 54 Asset Recovery / Liquidation (3) Total Equity/Other $ 20,044 (1) The fair value of any one instrument may be determined using multiple valuation techniques or unobservable inputs. (2) Weighted average for an asset category consisting of multiple investments is calculated by weighting the significant unobservable input by the relative fair value of the investment. The range and weighted average for an asset category consisting of a single investment represents the significant unobservable input used in the fair value of the investment. (3) Investments valued using the asset recovery or liquidation technique include investments for which valuation is based on current financial data without a discount rate applied.

Debt (Tables)

Debt (Tables)	9 Months Ended
	Sep. 30, 2024
Debt Disclosure [Abstract]
Schedule of Senior Securities (Including Debt Securities and Other Indebtedness)	Information about the Company’s senior securities (including debt securities and other indebtedness) is shown in the following table: As of Total Amount (1) Asset Coverage (2) Involuntary Liquidation (3) Average Market (4) December 31, 2016 8.25 % Notes due 2020 $ 33,646 $ 6,168 N/A $ 1.02 December 31, 2017 6.50 % Notes due 2022 (“GECCL Notes”) $ 32,631 $ 5,010 N/A $ 1.02 December 31, 2018 GECCL Notes $ 32,631 $ 2,393 N/A $ 1.01 GECCM Notes 46,398 2,393 N/A 0.98 December 31, 2019 GECCL Notes $ 32,631 $ 1,701 N/A $ 1.01 GECCM Notes 46,398 1,701 N/A 1.01 GECCN Notes 45,000 1,701 N/A 1.00 December 31, 2020 GECCL Notes $ 30,293 $ 1,671 N/A $ 0.89 GECCM Notes 45,610 1,671 N/A 0.84 GECCN Notes 42,823 1,671 N/A 0.84 December 31, 2021 GECCM Notes $ 45,610 $ 1,511 N/A $ 1.00 GECCN Notes 42,823 1,511 N/A 1.00 GECCO Notes 57,500 1,511 N/A 1.02 December 31, 2022 GECCM Notes $ 45,610 $ 1,544 N/A $ 0.99 GECCN Notes 42,823 1,544 N/A 1.00 GECCO Notes 57,500 1,544 N/A 1.00 Revolving Credit Facility 10,000 1,544 N/A - December 31, 2023 GECCM Notes $ 45,610 $ 1,690 N/A $ 0.99 GECCO Notes 57,500 1,690 N/A 0.96 GECCZ Notes 40,000 1,690 N/A 0.99 Revolving Credit Facility - 1,690 N/A - September 30, 2024 GECCM Notes $ 45,284 $ 1,662 N/A $ 1.00 GECCO Notes 57,500 1,662 N/A 0.98 GECCZ Notes 40,000 1,662 N/A 1.02 GECCI Notes 56,500 1,662 N/A 1.02 GECCH Notes 36,000 1,662 N/A 1.00 Revolving Credit Facility - 1,662 N/A - (1) Total amount of each class of senior securities outstanding at the end of the period presented. (2) Asset coverage per unit is the ratio of the carrying value of the Company’s total consolidated 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. (3) The amount to which such class of senior security would be entitled upon the voluntary liquidation of the issuer in preference to any security junior to it. (4) The average market value per unit for the Notes, as applicable, is based on the average daily prices of such Notes and is expressed per $ 1 of indebtedness.
Summary of Components of Interest Expense	For the three and nine months ended September 30, 2024 and 2023, the components of interest expense were as follows: For the Three Months Ended September 30, For the Nine Months Ended September 30, 2024 2023 2024 2023 Borrowing interest expense $ 3,819 $ 2,653 $ 9,485 $ 7,594 Amortization of acquisition premium 391 691 1,005 1,340 Total $ 4,210 $ 3,344 $ 10,490 $ 8,934 Weighted average interest rate (1) 8.28 % 8.42 % 8.12 % 7.74 % Average outstanding balance $ 202,348 $ 157,619 $ 172,660 $ 154,289 (1) Annualized.
Summary of Commitments, Borrowings Outstanding and Fair Value of Notes	The fair value of the Company’s Notes are determined in accordance with ASC 820, which defines fair value in terms of the price that would be paid to transfer a liability in an orderly transaction between market participants at the measurement date under current market conditions. The fair value of the Company’s Notes is determined by utilizing market quotations at the measurement date as they are Level 1 securities. September 30, 2024 Facility Commitments Borrowings Fair Unsecured Debt - GECCM Notes $ 45,284 $ 45,284 $ 45,393 Unsecured Debt - GECCO Notes 57,500 57,500 56,465 Unsecured Debt - GECCZ Notes 40,000 40,000 40,720 Unsecured Debt - GECCI Notes 56,500 56,500 57,404 Unsecured Debt - GECCH Notes 36,000 36,000 35,914 Total $ 235,284 $ 235,284 $ 235,896 December 31, 2023 Facility Commitments Borrowings Fair Unsecured Debt - GECCM Notes $ 45,610 $ 45,610 $ 45,793 Unsecured Debt - GECCO Notes 57,500 57,500 56,792 Unsecured Debt - GECCZ Notes 40,000 40,000 40,224 Total $ 143,110 $ 143,110 $ 142,809

Financial Highlights (Tables)

Financial Highlights (Tables)	9 Months Ended
	Sep. 30, 2024
Investment Company, Financial Highlights [Abstract]
Schedule of Financial Highlights of the Company	Below is the schedule of financial highlights of the Company: For the Nine Months Ended September 30, 2024 2023 Per Share Data: (1) Net asset value, beginning of period $ 12.99 $ 11.16 Net investment income 1.08 1.22 Net realized gains (loss) 0.22 0.07 Net change in unrealized appreciation (depreciation) ( 1.12 ) 1.48 Net increase (decrease) in net assets resulting from operations 0.18 2.77 Issuance of common stock ( 0.08 ) - Distributions declared from net investment income (2) ( 1.05 ) ( 1.05 ) Net decrease resulting from distributions to common stockholders ( 1.13 ) ( 1.05 ) Net asset value, end of period $ 12.04 $ 12.88 Per share market value, end of period $ 10.17 $ 9.87 Shares outstanding, end of period 10,449,888 7,601,958 Total return based on net asset value (3) 0.88 % 25.59 % Total return based on market value (3) 5.24 % 33.85 % Ratio/Supplemental Data: Net assets, end of period 125,826 97,949 Ratio of total expenses to average net assets before waiver (4),(5) 21.57 % 24.28 % Ratio of total expenses to average net assets after waiver (4),(5) 21.57 % 24.28 % Ratio of incentive fees to average net assets (4) 2.17 % 2.50 % Ratio of net investment income to average net assets (4),(5) 12.32 % 14.21 % Portfolio turnover 63 % 68 % (1) The per share data was derived by using the weighted average shares outstanding during the period, except where such calculations deviate from those specified under the instructions to Form N-2. (2) The per share data for distributions declared reflects the actual amount of distributions of record per share for the period. (3) Total return based on net asset value is calculated as the change in net asset value per share, assuming the Company’s distributions were reinvested through its dividend reinvestment plan. Total return based on market value is calculated as the change in market value per share, assuming the Company’s distributions were reinvested through its dividend reinvestment plan. Total return does not include any estimate of a sales load or commission paid to acquire shares. (4) Average net assets used in ratio calculations is calculated using monthly ending net assets for the period presented. For the nine months ended September 30, 2024 and 2023 average net assets were $ 118,981 and $ 92,617 , respectively. (5) Annualized for periods less than one year.

Affiliates and Controlled Inv_2

Affiliates and Controlled Investments (Tables)	9 Months Ended
	Sep. 30, 2024
Investments in and Advances to Affiliates [Abstract]
Schedule of Fair Value with Transactions in Affiliated investments and controlled investments	Fair value as of September 30, 2024 along with transactions during the nine months ended September 30, 2024 in these affiliated investments and controlled investments was as follows: For the Nine Months Ended September 30, 2024 Issue (1) Fair value at December 31, 2023 Gross Additions (2) Gross Reductions (3) Net Realized Change in Unrealized Fair value at September 30, 2024 Interest Fee Dividend Non-Controlled, Affiliated Investments PFS Holdings Corp. 1st Lien, Secured Loan 979 - 419 ( 626 ) 66 - 64 - - Common Equity ( 5 % of class) 88 - - - ( 88 ) - - - - 1,067 - 419 ( 626 ) ( 22 ) - 64 - - Totals $ 1,067 $ - $ 419 $ ( 626 ) $ ( 22 ) $ - $ 64 $ - $ - Controlled Investments Great Elm Specialty Finance, LLC Subordinated Note 28,733 1,000 - - - 29,733 2,858 - - Equity ( 87.5 % of class) 17,477 - - - ( 3,597 ) 13,880 - - 942 46,210 1,000 - - ( 3,597 ) 43,613 2,858 - 942 CLO Formation JV, LLC Equity ( 71.25 % of class) - 33,342 - - ( 449 ) 32,893 - - 2,970 - 33,342 - - ( 449 ) 32,893 - - 2,970 Totals $ 46,210 $ 34,342 $ - $ - $ ( 4,046 ) $ 76,506 $ 2,858 $ - $ 3,912 (1) Non-unitized equity investments are disclosed with percentage ownership in lieu of quantity. (2) Gross additions include increases resulting from new or additional portfolio investments, capitalized PIK income, accretion of discounts and the exchange of one or more existing securities for one or more new securities. (3) Gross reductions include decreases resulting from principal collections related to investment repayments or sales and the exchange of one or more existing securities for one or more new securities.
Schedule of Unaudited Financial Information	Selected unaudited financial information of CLO JV as of and for the three and nine months ended September 30, 2024 has been included below. Balance Sheet As of September 30, 2024 Total Assets 46,203 Total Liabilities 37 Net Equity 46,166 Statement of Operations For the Three Months Ended September 30, 2024 For the Nine Months Ended September 30, 2024 Total Revenues 2,811 3,293 Total Expenses 19 52 Net Income 2,792 3,241 Realized Gain (Loss) 34 34 Unrealized Gain (Loss) 2,375 2,382 Net Results 5,201 5,657 Schedule of Investments Portfolio Company Initial Acquisition Date Maturity Date Quantity/Par Cost Fair Value Structured Finance - CLO Equity (1) Apex Credit CLO 2024-I Ltd 04/24/24 04/20/26 14,957 10,344 12,360 Apex Credit CLO 2024-II Ltd 07/02/24 04/23/26 34,550 31,095 31,461 Short-Term Investments Blackrock Liquidity Funds FedFund Administration 07/25/24 n/a 1,246 1,246 1,246 Dreyfus Government Cash MGMT Admin SHS Fund 07/25/24 n/a 1,136 1,136 1,136 $ 43,821 $ 46,203 (1) The investment in Collateralized Loan Obligation (“CLO”) equity is entitled to recurring distributions which are generally equal to the remaining cash flow of payments made by underlying investments after payment of the contractual payments to debt holders and fund expenses. The effective yield is based on the current projection of the amount and timing of these recurring distributions in addition to the estimated amount of terminal principal payment. These assumptions are periodically reviewed and adjusted. The effective yield and investment cost may ultimately not be realized.

Organization - Additional Infor

Organization - Additional Information (Details)	9 Months Ended
	Sep. 30, 2024
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Date of incorporation	Apr. 22, 2016

Significant Accounting Polici_3

Significant Accounting Policies - Additional Information (Details) - USD ($) $ in Thousands	9 Months Ended	12 Months Ended
	Sep. 30, 2024	Dec. 31, 2023
Significant Accounting Policies [Line Items]
Percentage of investment company taxable income distribute to stockholders	90%
Percentage of net ordinary income	98%
Percentage of capital gain net income	98.20%
Percentage of excise tax on minimum distribution amount	4%
Accrued excise tax expense	$ 80	$ 287
Federal
Significant Accounting Policies [Line Items]
Deferred tax assets, capital loss carryforwards		193,501
Capital loss carryforward		40,819
Capital loss carryforward, short-term		16,815
Capital loss carryforward, long-term		$ 176,686
Maximum
Significant Accounting Policies [Line Items]
Percentage of aggregate investment fair value on total capitalization	5%
Percentage of individual investment fair value on total capitalization	1%

Significant Agreements and Re_2

Significant Agreements and Related Parties - Additional Information (Details) - USD ($)		3 Months Ended		9 Months Ended		12 Months Ended
	Apr. 01, 2022	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023	Dec. 31, 2023	Mar. 31, 2022
Related Party Transaction [Line Items]
Management fee calculated at annual rate of average adjusted gross assets				1.50%
Capital gains incentive fees eliminated	$ 163,200,000
Management fees		$ 1,201,000	$ 899,000	$ 3,209,000	$ 2,652,000
Management fee payable		1,200,000		$ 1,200,000		$ 887,000
Income incentive fee calculation percentage on pre-incentive fee net investment income				20%
Hurdle rate income incentive fee calculation on quarterly basis				1.75%
Annualized hurdle rate on income incentive fee calculation				7%
Percentage of net assets				1.75%
Percentage of annualized pre-incentive fee net investment income subject to a catch-up provision				8.75%
Receivable percentage of pre-incentive fee net investment income				20%
Percentage of Cumulative pre incentive fee net return				20%
Accrued incentive fees payable		2,594,000		$ 2,594,000		1,431,000
Incentive fees		1,018,000	763,000	2,580,000	2,315,000
Administration fees		375,000	420,000	$ 1,156,000	1,056,000
Great Elm Capital Management, Inc.,
Related Party Transaction [Line Items]
Aggregate cumulative realized capital gains percentage				20%
Cumulative accrued incentive fees payable		2,594,000		$ 2,594,000
Accrued incentive fees payable						1,431,000	$ 4,900,000
Incentive fees				2,580,000	2,315,000
Capital gains incentive fees accrual				0		0
Administration fees		375,000	$ 420,000	1,156,000	$ 1,056,000
Administrative expense payable		245,000		245,000		308,000
Accrued incentive fees immediately payable		$ 882,000		$ 882,000		$ 764,000
Minimum
Related Party Transaction [Line Items]
Hurdle rate income incentive fee calculation on quarterly basis				1.75%
Maximum
Related Party Transaction [Line Items]
Hurdle rate income incentive fee calculation on quarterly basis				2.1875%
Percentage of net assets				2.1875%

Fair Value Measurement - Summar

Fair Value Measurement - Summary of Investment Assets Categorized within Fair Value Hierarchy (Details) - USD ($) $ in Thousands		Sep. 30, 2024	Dec. 31, 2023
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Total investment assets		$ 369,933	$ 238,368
Total investments at fair value		418,757	241,419
Receivable
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Total investments at fair value	[1]	48,824	3,051
Debt
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Total investment assets		234,496	200,747
Equity/Other
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Total investment assets		49,963	26,814
Short Term Investments
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Total investment assets		85,474	10,807
Level 1
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Total investment assets		114,676	17,577
Level 1 | Equity/Other
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Total investment assets		29,202	6,770
Level 1 | Short Term Investments
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Total investment assets		85,474	10,807
Level 2
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Total investment assets		88,786	78,054
Level 2 | Debt
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Total investment assets		88,786	78,054
Level 3
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Total investment assets		166,471	142,737
Level 3 | Debt
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Total investment assets		145,710	122,693
Level 3 | Equity/Other
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Total investment assets		$ 20,761	$ 20,044
[1] Certain investments that are measured at fair value using net asset value (“NAV”) have not been categorized in the fair value hierarchy. The fair value amounts presented in the table are intended to permit reconciliation of the fair value hierarchy to the amount presented in the Consolidated Statements of Assets and Liabilities.

Fair Value Measurement - Summ_2

Fair Value Measurement - Summary of Reconciliation of Level 3 Assets (Details) - USD ($) $ in Thousands		9 Months Ended	12 Months Ended
		Sep. 30, 2024	Dec. 31, 2023
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Fair Value, Asset, Recurring Basis, Unobservable Input Reconciliation, Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration]		Realized Gain (Loss)	Realized Gain (Loss)
Level 3
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Beginning Balance		$ 142,737	$ 136,377
Net Transfers In/Out		16,621	(8,858)
Purchases	[1]	64,174	146,586
Net Realized Gain (Loss)		(59)	(9,183)
Net Change in Unrealized Appreciation (Depreciation)	[2]	(10,045)	9,215
Sales and Settlements	[1]	(47,192)	(131,765)
Net Amortization of Premium/ Discount		235	365
Ending Balance		166,471	142,737
Debt | Level 3
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Beginning Balance		122,693	104,333
Net Transfers In/Out		15,172	(8,858)
Purchases	[1]	52,648	127,395
Net Realized Gain (Loss)		(59)	(5,910)
Net Change in Unrealized Appreciation (Depreciation)	[2]	2,213	6,253
Sales and Settlements	[1]	(47,192)	(100,885)
Net Amortization of Premium/ Discount		235	365
Ending Balance		145,710	122,693
Equity/Other | Level 3
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Beginning Balance		20,044	32,044
Net Transfers In/Out		1,449
Purchases	[1]	11,526	19,191
Net Realized Gain (Loss)			(3,273)
Net Change in Unrealized Appreciation (Depreciation)	[2]	(12,258)	2,962
Sales and Settlements	[1]	0	(30,880)
Ending Balance		$ 20,761	$ 20,044
[1] Purchases may include new deals, additional fundings (inclusive of those on revolving credit facilities), refinancings, capitalized PIK income, and securities received in corporate actions and restructurings. Sales and Settlements may include scheduled principal payments, prepayments, sales and repayments (inclusive of those on revolving credit facilities), and securities delivered in corporate actions and restructuring of investments. The net change in unrealized depreciation relating to Level 3 assets still held at September 30, 2024 totaled $( 15,408 ) consisting of the following: $( 3,238 ) related to debt investments and $( 12,170 ) related to equity investments. The net change in unrealized depreciation relating to Level 3 assets still held at December 31, 2023 totaled $( 2,538 ) consisting of the following: $( 2,178 ) related to debt investments and $( 360 ) relating to equity/other.

Fair Value Measurement - Summ_3

Fair Value Measurement - Summary of Reconciliation of Level 3 Assets (Parenthetical) (Details) - Level 3 - USD ($) $ in Thousands	9 Months Ended	12 Months Ended
	Sep. 30, 2024	Dec. 31, 2023
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Fair value, net change in unrealized depreciation	$ (15,408)	$ (2,538)
Debt
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Fair value, net change in unrealized depreciation	(3,238)	(2,178)
Equity/Other
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Fair value, net change in unrealized depreciation	$ (12,170)	$ (360)

Fair Value Measurement - Additi

Fair Value Measurement - Additional Information (Details) - USD ($) $ in Thousands	9 Months Ended	12 Months Ended
	Sep. 30, 2024	Dec. 31, 2023
Level 3
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Fair value transferred, increased pricing transparency	$ 16,621	$ (8,858)
Aggregate fair value transferred from Level 2 to Level 3	20,591
Level 2
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Aggregate fair value transferred from Level 3 to Level 2	$ 3,970	$ 8,858

Fair Value Measurement - Ranges

Fair Value Measurement - Ranges of Significant Unobservable Inputs to Value Level 3 Assets (Details) $ in Thousands		Sep. 30, 2024 USD ($)	Dec. 31, 2023 USD ($)
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Fair value		$ 369,933	$ 238,368
Level 3
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Fair value		166,471	142,737
Debt
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Fair value		234,496	200,747
Debt | Level 3
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Fair value		145,710	122,693
Debt | Level 3 | Income Approach | Discount Rate
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Fair value	[1]	95,915	69,579
Debt | Level 3 | Income Approach | Implied Yield
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Fair value	[1]		9,001
Debt | Level 3 | Recent Transaction
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Fair value	[1]	42,310	28,733
Debt | Level 3 | Market Approach | Earnings Multiple
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Fair value	[1]	$ 7,485	9,268
Debt | Level 3 | Asset Recovery Liquidation Valuation Technique
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Fair value	[1],[2]		$ 6,112
Debt | Level 3 | Minimum | Income Approach | Discount Rate
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Range (Weighted Average)	[1],[3]	0.0526	0.0877
Debt | Level 3 | Minimum | Income Approach | Implied Yield
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Range (Weighted Average)	[1],[3]		0.0324
Debt | Level 3 | Minimum | Market Approach | Earnings Multiple
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Range (Weighted Average)	[1],[3]	0.003	0.005
Debt | Level 3 | Maximum | Income Approach | Discount Rate
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Range (Weighted Average)	[1],[3]	0.2113	0.5616
Debt | Level 3 | Maximum | Income Approach | Implied Yield
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Range (Weighted Average)	[1],[3]		0.1859
Debt | Level 3 | Maximum | Market Approach | Earnings Multiple
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Range (Weighted Average)	[1],[3]	0.065	0.0875
Debt | Level 3 | Weighted Average | Income Approach | Discount Rate
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Range (Weighted Average)	[1],[3]	0.1312	0.1831
Debt | Level 3 | Weighted Average | Income Approach | Implied Yield
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Range (Weighted Average)	[1],[3]		0.1092
Debt | Level 3 | Weighted Average | Market Approach | Earnings Multiple
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Range (Weighted Average)	[1],[3]	0.0404	0.0195
Equity/Other
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Fair value		$ 49,963	$ 26,814
Equity/Other | Level 3
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Fair value		20,761	20,044
Equity/Other | Level 3 | Equity Funds One | Recent Transaction
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Fair value	[1]	13,919	17,477
Equity/Other | Level 3 | Equity Funds Two | Market Approach | Earnings Multiple
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Fair value	[1]	$ 6,788	$ 2,513
Equity/Other | Level 3 | Equity Funds Two | Minimum | Market Approach | Earnings Multiple
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Range (Weighted Average)	[1],[3]	0.001	0.001
Equity/Other | Level 3 | Equity Funds Two | Maximum | Market Approach | Earnings Multiple
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Range (Weighted Average)	[1],[3]	0.0825	0.0875
Equity/Other | Level 3 | Equity Funds Two | Weighted Average | Market Approach | Earnings Multiple
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Range (Weighted Average)	[1],[3]	0.0677	0.0492
Equity/Other | Level 3 | Equity Funds Three | Asset Recovery Liquidation Valuation Technique
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Fair value	[1],[2]	$ 54	$ 54
[1] The fair value of any one instrument may be determined using multiple valuation techniques or unobservable inputs. Investments valued using the asset recovery or liquidation technique include investments for which valuation is based on current financial data without a discount rate applied. Weighted average for an asset category consisting of multiple investments is calculated by weighting the significant unobservable input by the relative fair value of the investment. The range and weighted average for an asset category consisting of a single investment represents the significant unobservable input used in the fair value of the investment.

Debt - Additional Information (

Debt - Additional Information (Details)

9 Months Ended

Oct. 12, 2024

Nov. 30, 2023

Nov. 22, 2023

May 05, 2021 USD ($)

Sep. 30, 2024 USD ($)

Oct. 03, 2024 USD ($)

Sep. 19, 2024 USD ($)

Jul. 09, 2024 USD ($)

Apr. 25, 2024 USD ($)

Apr. 17, 2024 USD ($)

Aug. 16, 2023 USD ($)

Jul. 09, 2021 USD ($)

Jun. 23, 2021 USD ($)

Feb. 09, 2018 USD ($)

Jan. 19, 2018 USD ($)

Jan. 11, 2018 USD ($)

Debt Instrument [Line Items]

Asset coverage ratio

166.2

Unsecured Notes

Debt Instrument [Line Items]

Debt instrument, minimum denomination

$ 25

Debt instrument denomination integral multiples

25

GECCM Notes

Debt Instrument [Line Items]

Debt Instrument, aggregate principal amount

$ 1,500,000

$ 1,900,000

$ 43,000,000

Debt instrument, interest rate

6.75%

Debt instrument purchased amount

$ 300,000

GECCM Notes | Subsequent Events

Debt Instrument [Line Items]

Percentage of principal amount redeemed

100%

GECCO Notes

Debt Instrument [Line Items]

Debt Instrument, aggregate principal amount

$ 7,500,000

$ 50,000,000

Debt instrument, interest rate

5.875%

Maturity date

Jun. 30, 2026

GECCZ Notes

Debt Instrument [Line Items]

Debt Instrument, aggregate principal amount

$ 40,000,000

Debt instrument, interest rate

8.75%

Maturity date

Sep. 30, 2028

GECCI Notes

Debt Instrument [Line Items]

Debt Instrument, aggregate principal amount

$ 22,000,000

$ 4,500,000

$ 30,000,000

Debt instrument, interest rate

8.50%

Maturity date

Apr. 30, 2029

GECCH Notes

Debt Instrument [Line Items]

Debt Instrument, aggregate principal amount

$ 36,000,000

Debt instrument, interest rate

8.125%

Maturity date

Dec. 31, 2029

GECCH Notes | Subsequent Events

Debt Instrument [Line Items]

Debt Instrument, aggregate principal amount

$ 5,400,000

Senior Secured Revolving Line of Credit

Debt Instrument [Line Items]

Commitment fee percentage for unused portion

0.50%

Senior Secured Revolving Line of Credit | Maximum

Debt Instrument [Line Items]

Line of credit facility covenant net assets

$ 65,000,000

Senior Secured Revolving Line of Credit | Minimum

Debt Instrument [Line Items]

Line of credit facility covenant net assets percentage

150%

Senior Secured Revolving Line of Credit | City National Bank

Debt Instrument [Line Items]

Revolving line of credit maximum borrowing capacity

$ 25,000,000

Increase revolving credit facility in aggregate amount

$ 25,000,000

Revolving line of credit, maturity date

May 05, 2027

May 05, 2024

Revolving line of credit borrowings outstanding

$ 0

Senior Secured Revolving Line of Credit | City National Bank | Minimum

Debt Instrument [Line Items]

Line of credit facility covenant net assets percentage

300%

Senior Secured Revolving Line of Credit | City National Bank | SOFR

Debt Instrument [Line Items]

Line of credit interest rate

3.50%

3%

Senior Secured Revolving Line of Credit | City National Bank | Base Rate

Debt Instrument [Line Items]

Line of credit interest rate

2%

Debt - Schedule of Senior Secur

Debt - Schedule of Senior Securities (Including Debt Securities and Other Indebtedness) (Details) - Senior Notes - USD ($) $ / shares in Units, $ in Thousands	Sep. 30, 2024	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
8.25% Notes due 2020
Debt Instrument [Line Items]
Total Amount Outstanding									$ 33,646
Asset Coverage Ratio Per Unit									$ 6,168
Average Market Value Per Unit									$ 1.02
GECCL Notes
Debt Instrument [Line Items]
Total Amount Outstanding					$ 30,293	$ 32,631	$ 32,631	$ 32,631
Asset Coverage Ratio Per Unit					$ 1,671	$ 1,701	$ 2,393	$ 5,010
Average Market Value Per Unit					$ 0.89	$ 1.01	$ 1.01	$ 1.02
GECCM Notes
Debt Instrument [Line Items]
Total Amount Outstanding	$ 45,284	$ 45,610	$ 45,610	$ 45,610	$ 45,610	$ 46,398	$ 46,398
Asset Coverage Ratio Per Unit	$ 1,662	$ 1,690	$ 1,544	$ 1,511	$ 1,671	$ 1,701	$ 2,393
Average Market Value Per Unit	$ 1	$ 0.99	$ 0.99	$ 1	$ 0.84	$ 1.01	$ 0.98
GECCN Notes
Debt Instrument [Line Items]
Total Amount Outstanding			$ 42,823	$ 42,823	$ 42,823	$ 45,000
Asset Coverage Ratio Per Unit			$ 1,544	$ 1,511	$ 1,671	$ 1,701
Average Market Value Per Unit			$ 1	$ 1	$ 0.84	$ 1
GECCO Notes
Debt Instrument [Line Items]
Total Amount Outstanding	$ 57,500	$ 57,500	$ 57,500	$ 57,500
Asset Coverage Ratio Per Unit	$ 1,662	$ 1,690	$ 1,544	$ 1,511
Average Market Value Per Unit	$ 0.98	$ 0.96	$ 1	$ 1.02
GECCZ Notes
Debt Instrument [Line Items]
Total Amount Outstanding	$ 40,000	$ 40,000
Asset Coverage Ratio Per Unit	$ 1,662	$ 1,690
Average Market Value Per Unit	$ 1.02	$ 0.99
GECCI Notes
Debt Instrument [Line Items]
Total Amount Outstanding	$ 56,500
Asset Coverage Ratio Per Unit	$ 1,662
Average Market Value Per Unit	$ 1.02
GECCH Notes
Debt Instrument [Line Items]
Total Amount Outstanding	$ 36,000
Asset Coverage Ratio Per Unit	$ 1,662
Average Market Value Per Unit	$ 1
Revolving Credit Facility
Debt Instrument [Line Items]
Total Amount Outstanding			$ 10,000
Asset Coverage Ratio Per Unit	$ 1,662	$ 1,690	$ 1,544

Debt - Schedule of Senior Sec_2

Debt - Schedule of Senior Securities (Including Debt Securities and Other Indebtedness) (Parenthetical) (Details) - Senior Notes - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2024	Dec. 31, 2017	Dec. 31, 2016
Debt Instrument [Line Items]
Amount of asset coverage per unit expressed indebtedness	$ 1,000
Amount of indebtedness	$ 1
8.25% Notes due 2020
Debt Instrument [Line Items]
Debt instrument, interest rate			8.25%
6.50% Notes due 2022
Debt Instrument [Line Items]
Debt instrument, interest rate		6.50%

Debt - Summary of Components of

Debt - Summary of Components of Interest Expense (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Debt Disclosure [Abstract]
Borrowing interest expense	$ 3,819	$ 2,653	$ 9,485	$ 7,594
Amortization of acquisition premium	391	691	1,005	1,340
Total	$ 4,210	$ 3,344	$ 10,490	$ 8,934
Weighted average interest rate	8.28%	8.42%	8.12%	7.74%
Average outstanding balance	$ 202,348	$ 157,619	$ 172,660	$ 154,289

Debt - Summary of Commitments,

Debt - Summary of Commitments, Borrowings Outstanding and Fair Value of Notes (Details) - Unsecured Notes - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
Debt Instrument [Line Items]
Commitments	$ 235,284	$ 143,110
Total Amount Outstanding	235,284	143,110
Fair Value	235,896	142,809
GECCM Notes
Debt Instrument [Line Items]
Commitments	45,284	45,610
Total Amount Outstanding	45,284	45,610
Fair Value	45,393	45,793
GECCO Notes
Debt Instrument [Line Items]
Commitments	57,500	57,500
Total Amount Outstanding	57,500	57,500
Fair Value	56,465	56,792
GECCZ Notes
Debt Instrument [Line Items]
Commitments	40,000	40,000
Total Amount Outstanding	40,000	40,000
Fair Value	40,720	$ 40,224
GECCI Notes
Debt Instrument [Line Items]
Commitments	56,500
Total Amount Outstanding	56,500
Fair Value	57,404
GECCH Notes
Debt Instrument [Line Items]
Commitments	36,000
Total Amount Outstanding	36,000
Fair Value	$ 35,914

Capital Activity - Additional I

Capital Activity - Additional Information (Details)					9 Months Ended
	Jun. 21, 2024	Feb. 08, 2024	Jun. 13, 2022 USD ($) NewShare $ / shares shares	Feb. 28, 2022 USD ($) shares	Sep. 30, 2024 USD ($) $ / shares shares	Jun. 20, 2024 USD ($) $ / shares shares	Feb. 07, 2024 USD ($) $ / shares shares	Dec. 31, 2023 USD ($) $ / shares shares	Feb. 03, 2022 USD ($) shares
Schedule of Capitalization [Line Items]
Number of new shares of common stock purchased. | NewShare			1
Sale of stock, price per share | $ / shares			$ 12.5
Common stock, shares issued | shares			3,000,567		10,449,888			7,601,958	117,117
Common stock, par value | $ / shares					$ 0.01			$ 0.01
Reverse stock split, conversion ratio				0.17
Proceeds from issuance of common stock | $			$ 37,507,000		$ 35,671,000
Description of reverse stock split					On February 28, 2022, the Company effected a 6-for-1 reverse stock split of the Company’s outstanding common stock. As a result of the reverse stock split, every six shares of the Company’s issued and outstanding common stock were converted into one share of issued and outstanding common stock.
Fractional shares | shares				4
Fractional shares aggregate amount of redemption | $				$ 0.1
Common stock, value | $					$ 104,000			$ 76,000	$ 2,600,000
Great Elm Strategic Partnership I, LLC
Schedule of Capitalization [Line Items]
Sale of stock, price per share | $ / shares						$ 12.03	$ 12.97
Common stock, shares issued | shares						997,506	1,850,424
Common stock, par value | $ / shares						$ 0.01	$ 0.01
Percentage of vehicle owned	25%	25%
Common stock, value | $						$ 12,000,000	$ 24,000,000

Commitment and Contingencies -

Commitment and Contingencies - Additional Information (Details) $ in Millions	9 Months Ended
	Sep. 30, 2024 USD ($)
CLO Formation JV, LLC
Commitments And Contingencies [Line Items]
Loans held for investment	$ 2.8
Unfunded Loan Commitment
Commitments And Contingencies [Line Items]
Loans held for investment	$ 8.3

Financial Highlights - Schedule

Financial Highlights - Schedule of Financial Highlights of the Company (Details) - USD ($) $ / shares in Units, $ in Thousands		3 Months Ended		9 Months Ended
		Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024		Sep. 30, 2023		Jun. 30, 2024	Dec. 31, 2023	Jun. 30, 2023	Dec. 31, 2022
Investment Company, Investment Income (Loss) from Operations, Per Share [Abstract]
Net asset value, beginning of period		$ 12.06	$ 12.21	$ 12.99	[1]	$ 11.16	[1]
Net investment income		0.39	0.4	1.08	[1]	1.22	[1]
Net realized gains (loss)	[1]			0.22		0.07
Net change in unrealized appreciation (depreciation)	[1]			(1.12)		1.48
Net increase (decrease) in net assets resulting from operations	[1]			0.18		2.77
Issuance of common stock	[1]			(0.08)		0
Distributions declared from net investment income	[1],[2]			(1.05)		(1.05)
Net decrease resulting from distributions to common stockholders	[1]			(1.13)		(1.05)
Net asset value, end of period	[1]	12.04	12.88	12.04		12.88
Per share market value, end of period	[1]	$ 10.17	$ 9.87	$ 10.17		$ 9.87
Shares outstanding, end of period		10,449,888	7,601,958	10,449,888		7,601,958
Total return based on net asset value	[3]			0.88%		25.59%
Total return based on market value	[3]			5.24%		33.85%
Ratio/Supplemental Data:
Net assets, end of period		$ 125,826	$ 97,949	$ 125,826		$ 97,949		$ 126,009	$ 98,739	$ 92,850	$ 84,809
Ratio of total expenses to average net assets before waiver	[4],[5]			21.57%		24.28%
Ratio of total expenses to average net assets after waiver	[4],[5]			21.57%		24.28%
Ratio of incentive fees to average net assets	[5]			2.17%		2.50%
Ratio of net investment income to average net assets	[4],[5]			12.32%		14.21%
Portfolio turnover				63%		68%
[1] The per share data was derived by using the weighted average shares outstanding during the period, except where such calculations deviate from those specified under the instructions to Form N-2. The per share data for distributions declared reflects the actual amount of distributions of record per share for the period. Total return based on net asset value is calculated as the change in net asset value per share, assuming the Company’s distributions were reinvested through its dividend reinvestment plan. Total return based on market value is calculated as the change in market value per share, assuming the Company’s distributions were reinvested through its dividend reinvestment plan. Total return does not include any estimate of a sales load or commission paid to acquire shares. Annualized for periods less than one year. Average net assets used in ratio calculations is calculated using monthly ending net assets for the period presented. For the nine months ended September 30, 2024 and 2023 average net assets were $ 118,981 and $ 92,617 , respectively.

Financial Highlights - Schedu_2

Financial Highlights - Schedule of Financial Highlights of the Company (Parenthetical) (Details) $ in Thousands		9 Months Ended
	Feb. 28, 2022	Sep. 30, 2024 USD ($)	Sep. 30, 2023 USD ($)
Investment Company, Financial Highlights [Abstract]
Reverse stock split, conversion ratio	0.17
Average net assets		$ 118,981	$ 92,617

Affiliates and Controlled Inv_3

Affiliates and Controlled Investments - Additional Information (Details) - USD ($) $ in Thousands	1 Months Ended	9 Months Ended
	Sep. 30, 2024	Sep. 30, 2024	Aug. 20, 2024	Apr. 30, 2024	Dec. 31, 2023
Schedule of Investments [Line Items]
Percentage Of Aggregate Fair Value Of Non Controlled Affiliated Investments		0%
Percentage of Aggregate Fair Value of Controlled Investments		61%
Fair Value	$ 418,757	$ 418,757			$ 241,419
Capital commitment	36,000	36,000
Unfunded capital commitment	2,800	2,800
CLO Formation JV, LLC
Schedule of Investments [Line Items]
Capital with future contributions				$ 32,000
Initial contribution				17,400
Contribution made by strategic partner				$ 5,800
Ownership interest of company			71.25%	75%
Ownership interest of strategic partner			28.75%	25%
CoreWeave Compute Acquisition Co. II, LLC
Schedule of Investments [Line Items]
Par value of investment purchased	2,000
Fair Value	$ 2,000	$ 2,000
Maximum
Schedule of Investments [Line Items]
Percentage of board representation to nominate		50%

Affiliates and Controlled Inv_4

Affiliates and Controlled Investments - Schedule of Fair Value with Transactions in Affiliated investments and controlled investments (Details) - USD ($) $ in Thousands		3 Months Ended		9 Months Ended
		Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Schedule of Investments [Line Items]
Fair value, Beginning Balance				$ 241,419
Net realized gain (loss)		$ 223	$ (1,824)	2,109	$ 563
Fair value, Ending Balance		418,757		418,757
Interest Income		8,121	7,592	23,465	21,303
Dividend Income		3,586	$ 779	5,927	$ 2,740
CLO Formation JV, LLC
Schedule of Investments [Line Items]
Net realized gain (loss)		34		34
Non-Controlled, Affiliated Investments
Schedule of Investments [Line Items]
Fair value, Beginning Balance	[1]			1,067
Gross Reductions	[1],[2]			419
Net realized gain (loss)	[1],[2]			(626)
Change in Unrealized Appreciation (Depreciation)	[1]			(22)
Interest Income	[1]			64
Non-Controlled, Affiliated Investments | PFS Holdings Corp
Schedule of Investments [Line Items]
Fair value, Beginning Balance	[1]			1,067
Gross Reductions	[1],[2]			419
Net realized gain (loss)	[1],[2]			(626)
Change in Unrealized Appreciation (Depreciation)	[1]			(22)
Interest Income	[1]			64
Non-Controlled, Affiliated Investments | PFS Holdings Corp | 1st Lien, Secured Loan
Schedule of Investments [Line Items]
Fair value, Beginning Balance	[1]			979
Gross Reductions	[1],[2]			419
Net realized gain (loss)	[1],[2]			(626)
Change in Unrealized Appreciation (Depreciation)	[1]			66
Interest Income	[1]			64
Non-Controlled, Affiliated Investments | PFS Holdings Corp | Common Equity
Schedule of Investments [Line Items]
Fair value, Beginning Balance	[1]			88
Change in Unrealized Appreciation (Depreciation)	[1]			(88)
Controlled Investments
Schedule of Investments [Line Items]
Fair value, Beginning Balance	[1]			46,210
Gross Additions	[1],[3]			34,342
Change in Unrealized Appreciation (Depreciation)	[1]			(4,046)
Fair value, Ending Balance	[1]	76,506		76,506
Interest Income	[1]			2,858
Dividend Income	[1]			3,912
Controlled Investments | Great Elm Specialty Finance
Schedule of Investments [Line Items]
Fair value, Beginning Balance	[1]			46,210
Gross Additions	[1],[3]			1,000
Change in Unrealized Appreciation (Depreciation)	[1]			(3,597)
Fair value, Ending Balance	[1]	43,613		43,613
Interest Income	[1]			2,858
Dividend Income	[1]			942
Controlled Investments | Great Elm Specialty Finance | Equity
Schedule of Investments [Line Items]
Fair value, Beginning Balance	[1]			17,477
Change in Unrealized Appreciation (Depreciation)	[1]			(3,597)
Fair value, Ending Balance	[1]	13,880		13,880
Dividend Income	[1]			942
Controlled Investments | Great Elm Specialty Finance | Subordinated Note
Schedule of Investments [Line Items]
Fair value, Beginning Balance	[1]			28,733
Gross Additions	[1],[3]			1,000
Fair value, Ending Balance	[1]	29,733		29,733
Interest Income	[1]			2,858
Controlled Investments | CLO Formation JV, LLC
Schedule of Investments [Line Items]
Gross Additions	[1],[3]			33,342
Change in Unrealized Appreciation (Depreciation)	[1]			(449)
Fair value, Ending Balance	[1]	32,893		32,893
Dividend Income	[1]			2,970
Controlled Investments | CLO Formation JV, LLC | Equity
Schedule of Investments [Line Items]
Gross Additions	[1],[3]			33,342
Change in Unrealized Appreciation (Depreciation)	[1]			(449)
Fair value, Ending Balance	[1]	$ 32,893		32,893
Dividend Income	[1]			$ 2,970
[1] Non-unitized equity investments are disclosed with percentage ownership in lieu of quantity. Gross reductions include decreases resulting from principal collections related to investment repayments or sales and the exchange of one or more existing securities for one or more new securities. Gross additions include increases resulting from new or additional portfolio investments, capitalized PIK income, accretion of discounts and the exchange of one or more existing securities for one or more new securities.

Affiliates and Controlled Inv_5

Affiliates and Controlled Investments - Schedule of Fair Value with Transactions in Affiliated investments and controlled investments (Parenthetical) (Details)	9 Months Ended
	Sep. 30, 2024
Non-Controlled, Affiliated Investments | Common Equity (5% of class) | PFS Holdings Corp
Schedule of Investments [Line Items]
Percentage of class	5%
Controlled Investments | Equity (87.5% of class) | Great Elm Specialty Finance
Schedule of Investments [Line Items]
Percentage of class	87.50%
Controlled Investments | Equity (75.0% of class) | CLO Formation JV, LLC
Schedule of Investments [Line Items]
Percentage of class	71.25%

Affiliates and Controlled Inv_6

Affiliates and Controlled Investments - Schedule of Unaudited Financial Information (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023	Dec. 31, 2023
Investment Company, Nonconsolidated Subsidiary [Line Items]
Total assets	$ 427,026		$ 427,026		$ 246,825
Total liabilities	301,200		301,200		148,086
Total net assets	125,826		125,826		$ 98,739
Total Revenues	11,727	$ 9,276	30,184	$ 26,663
Total Expenses	7,580	6,185	19,781	17,337
Net investment income	4,072	3,052	10,323	9,259
Realized Gain (Loss)	223	(1,824)	2,109	563
Net increase (decrease) in net assets resulting from operations	3,474	$ 7,760	1,690	$ 21,122
CLO Formation JV, LLC
Investment Company, Nonconsolidated Subsidiary [Line Items]
Total assets	46,203		46,203
Total liabilities	37		37
Total net assets	46,166		46,166
Total Revenues	2,811		3,293
Total Expenses	19		52
Net investment income	2,792		3,241
Realized Gain (Loss)	34		34
Unrealized Gain (Loss)	2,375		2,382
Net increase (decrease) in net assets resulting from operations	$ 5,201		$ 5,657

Affiliates and Controlled Inv_7

Affiliates and Controlled Investments - Schedule of Investments (Details) - USD ($) $ in Thousands		9 Months Ended
		Sep. 30, 2024	Dec. 31, 2023
Schedule of Investments [Line Items]
Fair Value		$ 418,757	$ 241,419
Structured Finance - CLO Equity - Apex Credit CLO 2024-I Ltd
Schedule of Investments [Line Items]
Initial Acquisition Date	[1]	Apr. 24, 2024
Maturity	[1]	Apr. 20, 2026
Par Amount / Quantity	[1]	$ 14,957
Cost	[1]	10,344
Fair Value	[1]	$ 12,360
Structured Finance - CLO Equity - Apex Credit CLO 2024-II Ltd
Schedule of Investments [Line Items]
Initial Acquisition Date	[1]	Jul. 02, 2024
Maturity	[1]	Apr. 23, 2026
Par Amount / Quantity	[1]	$ 34,550
Cost	[1]	31,095
Fair Value	[1]	$ 31,461
Short-Term Investments Blackrock Liquidity Funds FedFund Administration
Schedule of Investments [Line Items]
Initial Acquisition Date		Jul. 25, 2024
Par Amount / Quantity		$ 1,246
Cost		1,246
Fair Value		$ 1,246
Short-Term Investments - Dreyfus Government Cash MGMT Admin SHS Fund
Schedule of Investments [Line Items]
Initial Acquisition Date		Jul. 25, 2024
Par Amount / Quantity		$ 1,136
Cost		1,136
Fair Value		1,136
Structured Finance - CLO Equity and Short-Term Investments
Schedule of Investments [Line Items]
Cost		43,821
Fair Value		$ 46,203
[1] The investment in Collateralized Loan Obligation (“CLO”) equity is entitled to recurring distributions which are generally equal to the remaining cash flow of payments made by underlying investments after payment of the contractual payments to debt holders and fund expenses. The effective yield is based on the current projection of the amount and timing of these recurring distributions in addition to the estimated amount of terminal principal payment. These assumptions are periodically reviewed and adjusted. The effective yield and investment cost may ultimately not be realized.

Subsequent Events - Additional

Subsequent Events - Additional Information (Details) - USD ($) $ / shares in Units, $ in Millions				9 Months Ended
		Oct. 31, 2024	Oct. 12, 2024	Sep. 30, 2024	Sep. 30, 2023	Oct. 03, 2024	Sep. 19, 2024	Feb. 09, 2018	Jan. 19, 2018	Jan. 11, 2018
Subsequent Event [Line Items]
Distributions declared from net investment income	[1],[2]			$ 1.05	$ 1.05
GECCH Notes
Subsequent Event [Line Items]
Debt Instrument, aggregate principal amount							$ 36
Debt instrument, interest rate							8.125%
GECCM Notes
Subsequent Event [Line Items]
Debt Instrument, aggregate principal amount								$ 1.5	$ 1.9	$ 43
Debt instrument, interest rate										6.75%
Subsequent Events
Subsequent Event [Line Items]
Distributions per share		$ 0.35
Subsequent Events | O 2024 Q4 Dividends
Subsequent Event [Line Items]
Distributions date		Dec. 31, 2024
Subsequent Events | GECCH Notes
Subsequent Event [Line Items]
Debt Instrument, aggregate principal amount						$ 5.4
Subsequent Events | GECCM Notes
Subsequent Event [Line Items]
Percentage of principal amount redeemed			100%
[1] The per share data for distributions declared reflects the actual amount of distributions of record per share for the period. The per share data was derived by using the weighted average shares outstanding during the period, except where such calculations deviate from those specified under the instructions to Form N-2.